Document:

Exhibit 10.4

 

EXECUTION VERSION

 

 

 

ABL
GUARANTEE AND COLLATERAL AGREEMENT

 

made by

 

NCI GROUP, INC.,

 

ROBERTSON-CECO
II CORPORATION,

 

NCI
BUILDING SYSTEMS, INC.,

 

and certain other Domestic
Subsidiaries of the Parent,

 

in favor of

 

WELLS FARGO BANK, NATIONAL
ASSOCIATION,

 

as Collateral Agent and Administrative
Agent

 

dated as of February 8, 2018

 

 

 

     

     

    

  

	Section 1 Defined Terms	2
	 	 	 
	1.1	Definitions	2
	1.2	Other Definitional Provisions	13
	 	 	 
	Section 2 Guarantee	13
	 	 	 
	2.1	Guarantee	13
	2.2	Right of Contribution	15
	2.3	No Subrogation	15
	2.4	Amendments, etc. with Respect to the Obligations	16
	2.5	Guarantee Absolute and Unconditional	17
	2.6	Reinstatement	18
	2.7	Payments	18
	 	 	 
	Section 3 Grant of Security Interest	18
	 	 	 
	3.1	Grant	18
	3.2	Pledged Collateral	19
	3.3	Certain Limited Exceptions	19
	3.4	Intercreditor Relations	23
	 	 	 
	Section 4 Representations and Warranties	23
	 	 	 
	4.1	Representations and Warranties of Each Guarantor	23
	4.2	Representations and Warranties of Each Grantor	24
	4.3	Representations and Warranties of Each Pledgor	27
	 	 	 
	Section 5 Covenants	29
	 	 	 
	5.1	Covenants of Each Guarantor	29
	5.2	Covenants of Each Grantor	29
	5.3	Covenants of Each Pledgor	34
	 	 	 
	Section 6 Remedial Provisions	38
	 	 	 
	6.1	Certain Matters Relating to Accounts	38
	6.2	Communications with Obligors; Grantors Remain Liable	39
	6.3	Pledged Stock	40
	6.4	Proceeds to Be Turned Over to the Collateral Agent	41
	6.5	Application of Proceeds	41
	6.6	Code and Other Remedies	42
	6.7	Registration Rights	43
	6.8	Waiver; Deficiency	43

 

    i 

     

    

  

	Section 7 The Collateral Agent	44
	 	 	 
	7.1	Collateral Agent’s Appointment as Attorney-in-Fact, etc.	44
	7.2	Duty of Collateral Agent	46
	7.3	Financing Statements	46
	7.4	Authority of Collateral Agent	46
	7.5	Right of Inspection	47
	 	 	 
	Section 8 Non-Lender Secured Parties	47
	 	 	 
	8.1	Rights to Collateral	47
	8.2	Appointment of Agent	48
	8.3	Waiver of Claims	49
	8.4	Designation of Non-Lender Secured Parties	49
	 	 	 
	Section 9 Miscellaneous	49
	 	 	 
	9.1	Amendments in Writing	49
	9.2	Notices	50
	9.3	No Waiver by Course of Conduct; Cumulative Remedies	50
	9.4	Enforcement Expenses; Indemnification	50
	9.5	Successors and Assigns	51
	9.6	Set-Off	51
	9.7	Counterparts	51
	9.8	Severability	51
	9.9	Section Headings	52
	9.10	Integration	52
	9.11	GOVERNING LAW	52
	9.12	Submission to Jurisdiction; Waivers	52
	9.13	Acknowledgments	53
	9.14	WAIVER OF JURY TRIAL	53
	9.15	Additional Granting Parties	53
	9.16	Releases	54
	9.17	Judgment	55
	9.18	Transfer Tax Acknowledgment	56

 

	SCHEDULES	 	 
	 	 	 
	Schedule 1	—	Notice Addresses of Granting Parties
	Schedule 2	—	Pledged Securities
	Schedule 3	—	Perfection Matters
	Schedule 4A	—	Financing Statements
	Schedule 4B	—	Jurisdiction of Organization
	Schedule 5	—	Intellectual Property
	Schedule 6	—	Commercial Tort Claims
	Schedule 7	—	Letter-of-Credit Rights
	 	 	 
	ANNEXES	 	 
	 	 	 
	Annex 1	—	Acknowledgement and Consent of Issuers who are not Granting Parties
	Annex 2	—	Assumption Agreement
	Annex 3	—	Supplemental Agreement
	Annex 4	 	Non-Lender Acknowledgement

 

    ii 

     

    

  

ABL GUARANTEE AND COLLATERAL
AGREEMENT

 

ABL GUARANTEE AND COLLATERAL
AGREEMENT, dated as of February 8, 2018, made by NCI GROUP, Inc., a Nevada corporation
(as further defined in the Credit Agreement, “NCI Group”), ROBERTSON-CECO II Corporation, a Delaware corporation
(as further defined in the Credit Agreement, “Robertson”), NCI BUILDING SYSTEMS, INC., a Delaware corporation
(as further defined in the Credit Agreement, the “Parent”), and certain other Domestic Subsidiaries of the Parent
from time to time party hereto, in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent (in such capacity, and
together with its successors and assigns in such capacity, the “Collateral Agent”) for the Secured Parties (as
defined below) and administrative agent (in such capacity, and together with its successors and assigns in such capacity, the “Administrative
Agent”) for the banks and other financial institutions (collectively, the “Lenders”; individually,
a “Lender”) from time to time parties to the Credit Agreement described below.

 

WITNESSETH:

 

WHEREAS, pursuant to that
certain ABL Credit Agreement, dated as of the date hereof (as amended, waived, supplemented or otherwise modified from time to
time, together with any agreement extending the maturity of, or restructuring, refunding, refinancing or increasing the Indebtedness
under such agreement or successor agreements, the “Credit Agreement”), among the Parent, NCI Group, Robertson,
the Subsidiary Borrowers from time to time party thereto, the Collateral Agent, the Administrative Agent, and the other parties
from time to time party thereto, the Lenders have severally agreed to make extensions of credit to the Borrowers upon the terms
and subject to the conditions set forth therein;

 

WHEREAS, the Parent is a
member of an affiliated group of companies that includes the other Granting Parties (as defined below);

 

WHEREAS, the proceeds of
the extensions of credit under the Credit Agreement will be used in part to enable the Borrowers to make valuable transfers to
one or more of the Granting Parties in connection with the operation of their respective businesses;

 

WHEREAS, the Borrowers and
the other Granting Parties are engaged in related businesses, and each such Granting Party will derive substantial direct and indirect
benefit from the making of the extensions of credit under the Credit Agreement;

 

WHEREAS, it is a condition
to the obligation of the Lenders to make their respective extensions of credit under the Credit Agreement that the Granting Parties
shall execute and deliver this Agreement to the Collateral Agent and Administrative Agent for the benefit of the Secured Parties;

 

WHEREAS, pursuant to the
Term Loan Credit Agreement, the lenders party thereto have severally agreed to make extensions of credit to the Parent upon the
terms and subject to the conditions set forth therein;

 

    	 	1	 

     

    

 

WHEREAS, pursuant to that
certain Term Loan Guarantee and Collateral Agreement, dated as of the date hereof (as amended, waived, supplemented or otherwise
modified from time to time, the “Term Loan Collateral Agreement”), among the Parent, certain Domestic Subsidiaries
(as defined in the Term Loan Credit Agreement) of the Parent from time to time party thereto (collectively, the “Term
Loan Granting Parties”) and the Term Loan Agent, the Term Loan Granting Parties have granted a first priority (as defined
in the Term Loan Credit Agreement) Lien to the Term Loan Agent for the benefit of the Term Loan Secured Parties (as defined herein)
on the Term Loan Priority Collateral (as defined herein) and a second priority Lien for the benefit of the Term Loan Secured Parties
on the ABL Priority Collateral (as defined herein) (subject in each case to Permitted Liens);

 

WHEREAS, the Collateral Agent
and the Term Loan Agent have entered into the ABL/Term Loan Intercreditor Agreement, acknowledged by the Parent, NCI Group, Robertson
and the other Granting Parties; and

 

WHEREAS, the Collateral Agent
and/or one or more Additional Agents may in the future enter into a Junior Lien Intercreditor Agreement, acknowledged by the Borrowers
and the other Granting Parties, and one or more Other Intercreditor Agreements or Intercreditor Agreement Supplements.

 

NOW, THEREFORE, in consideration
of the premises and to induce the Administrative Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders
to make their respective extensions of credit to the Borrowers thereunder, each Granting Party hereby agrees with the Administrative
Agent and the Collateral Agent, for the benefit of the Secured Parties, as follows:

 

Section
1

Defined Terms

 

1.1       Definitions.
(a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to
them in the Credit Agreement, and the following terms that are defined in the Code (as defined below and in effect on the
date hereof) are used herein as so defined: Cash Proceeds, Chattel Paper, Commercial Tort Claims, Documents, Electronic
Chattel Paper, Equipment, Farm Products, Fixtures, General Intangibles, Goods, Letter-of-Credit Rights, Money, Promissory
Notes, Records, Securities, Securities Accounts and Supporting Obligations.

 

(b)       The
following terms shall have the following meanings:

 

“ABL Priority Collateral”:
as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Accounts”:
all accounts (as defined in the Code) of each Grantor, including, without limitation, all Accounts (as defined in the Credit Agreement)
and Accounts Receivable of such Grantor.

 

“Accounts Receivable”:
any right to payment, whether or not earned by performance, for goods sold, leased, licensed, assigned or otherwise disposed, or
for services rendered or to be rendered, which is not evidenced by an instrument (as defined in the Code) or Chattel Paper.

 

    	 	2	 

     

    

 

“Additional ABL
Agent”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional ABL
Collateral Documents”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional ABL
Credit Facility”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional ABL
Obligations”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional ABL
Secured Parties”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional Agent”:
as defined in the ABL/Term Loan Intercreditor Agreement

 

“Additional Credit
Facility”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional Secured
Parties”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional Term
Agent”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional Term
Collateral Documents”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Additional Term
Obligations”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Adjusted Net Worth”:
of any Guarantor at any time, the greater of (x) $0 and (y) the amount by which the fair saleable value of such Guarantor’s
assets on the date of the respective payment hereunder exceeds its debts and other liabilities (including contingent liabilities,
but without giving effect to any of its obligations under this Agreement or any other Loan Document, or pursuant to its guarantee
with respect to any Indebtedness then outstanding under the Term Loan Credit Agreement, any Additional Credit Facility or any Assumed
Indebtedness) on such date.

 

“Administrative
Agent”: as defined in the preamble hereto.

 

“Agreement”:
this ABL Guarantee and Collateral Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to
time.

 

    	 	3	 

     

    

 

“Applicable Law”:
as defined in Subsection 9.8.

 

“Bank Products Provider”:
any Person that has entered into a Bank Products Agreement with a Grantor with the obligations of such Grantor thereunder being
secured by one or more Loan Documents, as designated by the Parent in accordance with Subsection 8.4 hereof (provided
that (i) no Person shall, with respect to any Bank Products Agreement, be at any time a Bank Products Provider with respect
to more than one Credit Facility and (ii) if such Person is not an Agent, a Lender or an Affiliate thereof, such Person shall have
executed and delivered to the Administrative Agent a Non-Lender Acknowledgement).

 

“Bankruptcy Case”:
(i) the Parent, any Borrower or any other Subsidiary of the Parent commencing any case, proceeding or other action (A)
under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization,
conservatorship or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate
it 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 the Parent, any Borrower or any other Subsidiary
of the Parent making a general assignment for the benefit of its creditors; or (ii) there being commenced against the Parent,
any Borrower or any other Subsidiary of the Parent 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 60 days.

 

“Borrower Obligations”:
with respect to any Borrower, the collective reference to all obligations and liabilities of such Borrower in respect of the unpaid
principal of and interest on (including, without limitation, interest and fees accruing after the maturity of the Loans and Reimbursement
Obligations and interest and fees accruing after (or that would accrue but for) the filing of any petition in bankruptcy, or the
commencement of any insolvency, reorganization or like proceeding, relating to such Borrower, whether or not a claim for post-filing
or post-petition interest or fees is allowed in such proceeding) the Loans, the Reimbursement Obligations and all other obligations
and liabilities of such Borrower, to the Secured Parties, whether direct or indirect, absolute or contingent, due or to become
due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, the Loans,
the Letters of Credit, this Agreement, the other Loan Documents, any Hedging Agreement or Permitted Hedging Arrangement entered
into with any Hedging Provider, any Bank Products Agreement entered into with any Bank Products Provider, any Guarantee Obligation
of the Parent, any Borrower or any other Subsidiary of the Parent as to which any Secured Party is a beneficiary (including any
Management Guarantee entered into with any Management Credit Provider) or any other document made, delivered or given in connection
therewith, in each case whether on account of principal, interest, reimbursement obligations, amounts payable in connection with
any such Bank Products Agreement or a termination of any transaction entered into pursuant to any such Hedging Agreement or Permitted
Hedging Arrangement, fees, indemnities, costs, expenses or otherwise (including, without limitation, all reasonable fees, expenses
and disbursements of counsel to the Administrative Agent or any other Secured Party that are required to be paid by such Borrower,
pursuant to the terms of the Credit Agreement or any other Loan Document). With respect to any Guarantor, if and to the extent,
under the Commodity Exchange Act or any rule, regulation or order of the CFTC (or the application or official interpretation of
any thereof), all or a portion of the guarantee of such Guarantor of, or the grant by such Guarantor of a security interest for,
the obligation (the “Excluded Borrower Obligation”) to pay or perform under any agreement, contract or transaction
that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act (or the analogous term
or section in any amended or successor statute) is or becomes illegal, the Borrower Obligations guaranteed by such Guarantor shall
not include any such Excluded Borrower Obligation.

 

    	 	4	 

     

    

 

“Borrowers”:
as defined in the preamble hereto.

 

“CFTC”:
the Commodity Futures Trading Commission or any successor to the Commodity Futures Trading Commission.

 

“Code”:
the Uniform Commercial Code as from time to time in effect in the State of New York.

 

“Collateral”:
as defined in Section 3; provided that, for purposes of Section 8, “Collateral” shall have
the meaning assigned to such term in the Credit Agreement.

 

“Collateral Account
Bank”: a bank which at all times is the Collateral Agent or a Lender or an affiliate thereof as selected by the relevant
Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

 

“Collateral Agent”:
as defined in the preamble hereto.

 

“Collateral Proceeds
Account”: a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office
of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the
Secured Parties.

 

“Collateral Representative”:
(i) if the ABL/Term Loan Intercreditor Agreement is then in effect, the ABL Collateral Representative (as defined therein)
and the Term Loan Collateral Representative (as defined therein), (ii) if any Junior Lien Intercreditor Agreement is then
in effect, the Senior Priority Representative (as defined therein) and (iii) if any Other Intercreditor Agreement is then
in effect, the Person acting as representative for the Collateral Agent and the Secured Parties thereunder for the applicable purpose
contemplated by this Agreement and the Credit Agreement.

 

“Commercial Tort
Action”: any action, other than an action primarily seeking declaratory or injunctive relief with respect to claims asserted
or expected to be asserted by Persons other than the Grantors, that is commenced by a Grantor in the courts of the United States
of America, any state or territory thereof or any political subdivision of any such state or territory, in which any Grantor seeks
damages arising out of torts committed against it that would reasonably be expected to result in a damage award to it exceeding
$10,000,000.

 

“Commodity Exchange
Act”: the Commodity Exchange Act, as in effect from time to time, or any successor statute.

 

    	 	5	 

     

    

 

“Contracts”:
with respect to any Grantor, all contracts, agreements, instruments and indentures in any form and portions thereof, to which such
Grantor is a party or under which such Grantor or any property of such Grantor is subject, as the same may from time to time be
amended, supplemented, waived or otherwise modified, and all rights of such Grantor thereunder, including, without limitation,
(i) all rights of such Grantor to receive moneys due and to become due to it thereunder or in connection therewith, (ii)
all rights of such Grantor to damages arising thereunder and (iii) all rights of such Grantor to perform and to exercise
all remedies thereunder.

 

“Copyright Licenses”:
with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such
Grantor of any right under any United States copyright of such Grantor, other than agreements with any Person who is an Affiliate
or a Subsidiary of the Parent or such Grantor, including, without limitation, any such license agreements that are material to
the business of the Parent and its Restricted Subsidiaries, taken as a whole, and are listed on Schedule 5, subject, in
each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory
now or hereafter covered by such licenses.

 

“Copyrights”:
with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United States copyrights, whether
or not the underlying works of authorship have been published or registered, all United States copyright registrations and copyright
applications, including, without limitation, any copyright registrations and copyright applications listed on Schedule 5,
and (i) all renewals thereof, (ii) all income, royalties, damages and payments now and hereafter due and/or payable
with respect thereto, including, without limitation, payments under all licenses entered into in connection therewith, and damages
and payments for past or future infringements thereof and (iii) the right to sue or otherwise recover for past, present
and future infringements and misappropriations thereof.

 

“Credit Agreement”:
as defined in the recitals hereto (and as further defined in the Credit Agreement).

 

“Credit Facility”:
as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Deposit Account”:
any “deposit account” as such term is defined in the Code (as in effect on the date hereof), now or hereafter maintained
by any Grantor, and, in any event, shall include, but shall not be limited to, all Blocked Accounts, DDAs and Concentration Accounts.

 

“Discharge of Additional
Term Obligations”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Discharge of Term
Loan Obligations”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Excluded Assets”:
as defined in Subsection 3.3.

 

“Excluded Borrower
Obligation”: as defined in the definition of “Borrower Obligations”.

 

    	 	6	 

     

    

 

“Excluded Parent
Obligation”: as defined in the definition of “Parent Obligations”.

 

“Foreign Intellectual
Property”: any right, title or interest in or to any copyrights, copyright licenses, patents, patent applications, patent
licenses, trade secrets, trade secret licenses, trademarks, service marks, trademark and service mark applications, trade names,
trade dress, trademark licenses, technology, know-how and processes or any other intellectual property governed by or arising or
existing under, pursuant to or by virtue of the laws of any jurisdiction other than the United States of America or any state thereof.

 

“Granting Parties”:
(x) the Parent, (y) the Borrowers and (z) the Subsidiary Guarantors.

 

“Grantor”:
(x) the Parent, (y) the Borrowers and (z) the Subsidiary Guarantors.

 

“Guarantor Obligations”:
with respect to any Guarantor, the collective reference to (i) the Borrower Obligations guaranteed by such Guarantor pursuant
to Section 2, (ii) the Parent Obligations guaranteed by such Guarantor pursuant to Section 2 and (iii)
all obligations and liabilities of such Guarantor that may arise under or in connection with this Agreement or any other Loan Document
to which such Guarantor is a party, any Hedging Agreement or Permitted Hedging Arrangement with any Hedging Provider, any Bank
Products Agreement with any Bank Products Provider, any Guarantee Obligation of the Parent, any Borrower or any other Subsidiary
of the Parent as to which any Secured Party is a beneficiary (including any Management Guarantee entered into with any Management
Credit Provider), or any other document made, delivered or given in connection therewith, in each case whether on account of guarantee
obligations, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all reasonable
fees and disbursements of counsel to the Administrative Agent or to any other Secured Party that are required to be paid by such
Guarantor pursuant to the terms of this Agreement or any other Loan Document and interest and fees accruing after (or that would
accrue but for) the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding,
relating to such Guarantor, whether or not a claim for post-filing or post-petition interest or fees is allowed in such proceeding);
provided, that, when referring to the Guarantor Obligations of any Borrower, such reference shall be a reference solely
to a guaranty of the Obligations of the Parent. With respect to any Guarantor, if and to the extent, under the Commodity Exchange
Act or any rule, regulation or order of the CFTC (or the application or official interpretation of any thereof), all or a portion
of the guarantee of such Guarantor of, or the grant by such Guarantor of a security interest for, the obligation (together with
the Excluded Borrower Obligation and the Excluded Parent Obligation, the “Excluded Obligation”) to pay or perform
under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the
Commodity Exchange Act (or the analogous term or section in any amended or successor statute) is or becomes illegal, the Guarantor
Obligations of such Guarantor shall not include any such Excluded Obligation.

 

“Guarantors”:
the collective reference to each Granting Party.

 

    	 	7	 

     

    

 

“Hedging Agreement”:
any Interest Rate Agreement, Commodities Agreement, Currency Agreement (each as defined in the ABL/Term Loan Intercreditor Agreement)
or any other credit or equity swap, collar, cap, floor or forward rate agreement, or other agreement or arrangement designed to
protect against fluctuations in interest rates or currency, commodity, credit or equity values or creditworthiness (including,
without limitation, any option with respect to any of the foregoing and any combination of the foregoing agreements or arrangements),
and any confirmation executed in connection with any such agreement or arrangement.

 

“Hedging Provider”:
any Person that has entered into a Hedging Agreement with a Grantor with the obligations of such Grantor thereunder being secured
by one or more Loan Documents, as designated by the Parent in accordance with Subsection 8.4 (provided that (i)
no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Provider with respect to more than one Credit
Facility and (ii) if such Person is not an Agent, a Lender or an Affiliate thereof, such Person shall have executed and
delivered to the Administrative Agent a Non-Lender Acknowledgement).

 

“Instruments”:
as defined in Article 9 of the Code but excluding Pledged Securities.

 

“Intellectual Property”:
with respect to any Grantor, the collective reference to such Grantor’s Copyrights, Copyright Licenses, Patents, Patent Licenses,
Trade Secrets, Trade Secret Licenses, Trademarks and Trademark Licenses.

 

“Intercompany Note”:
with respect to any Grantor, any promissory note in a principal amount in excess of $10,000,000 evidencing loans made by such Grantor
to the Parent or any of its Restricted Subsidiaries.

 

“Intercreditor Agreements”:
(a) the ABL/Term Loan Intercreditor Agreement, (b) the Junior Lien Intercreditor Agreement and (c) any Other
Intercreditor Agreement that may be entered into in the future by the Collateral Agent and one or more Additional Agents and acknowledged
by the Borrowers and the other Granting Parties (each such Intercreditor Agreement as amended, amended and restated, waived, supplemented
or otherwise modified from time to time (subject to Subsection 9.1)) (in each case, upon and during the effectiveness thereof).

 

“Inventory”:
with respect to any Grantor, all inventory (as defined in the Code) of such Grantor, including, without limitation, all Inventory
(as defined in the Credit Agreement) of such Grantor.

 

“Investment Property”:
the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of
the Code as in effect on the date hereof (other than (a) Capital Stock (including for these purposes any investment deemed
to be Capital Stock for United States tax purposes) of any Foreign Subsidiary in excess of 65% of any series of such Capital Stock
and (b) any Capital Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting
“investment property” as so defined, all Pledged Securities.

 

“Issuers”:
the collective reference to issuers of Pledged Stock, including (as of the Closing Date) the Persons identified on Schedule
2 as the issuers of Pledged Stock.

 

    	 	8	 

     

    

 

“Junior Lien Intercreditor
Agreement”: as defined in the recitals hereto.

 

“Lender”:
as defined in the preamble hereto.

 

“Management Credit
Provider”: any Person that is a beneficiary of a Management Guarantee, with the obligations of the applicable Grantor
thereunder being secured by one or more Loan Documents, as designated by the Parent in accordance with Subsection 8.4 (provided
that (i) no Person shall, with respect to any Management Guarantee, be at any time a Management Credit Provider with respect
to more than one Credit Facility and (ii) if such Person is not an Agent, a Lender or an Affiliate thereof, such Person shall have
executed and delivered to the Administrative Agent a Non-Lender Acknowledgement).

 

“Non-Lender Acknowledgment”:
shall mean an acknowledgment substantially in the form of Annex 5 hereto (or such other form as reasonably acceptable to the Administrative
Agent and the Borrower Representative), which may be included as part of any written notice delivered by the Borrower Representative
pursuant to Subsection 11.22(a) of the Credit Agreement, pursuant to which a Person that is not an Agent, a Lender or an Affiliate
thereof (a) appoints the Administrative Agent as its agent under the Loan Documents and (b) agrees to be bound by the provisions
of Subsection 9.2, Section 10, and Subsections 11.1, 11.12, 11.13, 11.15 and 11.22 of the Credit Agreement as if it were a Lender.

 

“Non-Lender Secured
Parties”: the collective reference to all Bank Products Providers, Hedging Providers, Management Credit Providers and
their respective successors, assigns and transferees.

 

“Obligations”:
(i) in the case of each Borrower, its Borrower Obligations and its Guarantor Obligations, (ii) in the case of the
Parent, the Parent Obligations and its Guarantor Obligations and (iii) in the case of each other Guarantor, its Guarantor
Obligations.

 

“Parent”:
as defined in the preamble hereto.

 

“Parent Obligations”:
with respect to the Parent, the collective reference to all obligations and liabilities of the Parent that may arise under or in
connection with this Agreement or any other Loan Document to which the Parent is a party, any Hedging Agreement or Permitted Hedging
Arrangement entered into with any Hedging Provider, any Bank Products Agreement entered into with any Bank Products Provider, any
Guarantee Obligation of the Parent, any Borrower or any other Subsidiary of the Parent as to which any Secured Party is a beneficiary
(including any Management Guarantee entered into with any Management Credit Provider), or any other document made, delivered or
given in connection therewith, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities,
costs, expenses or otherwise (including, without limitation, all reasonable fees and disbursements of counsel to the Administrative
Agent or to any other Secured Party that are required to be paid by the Parent pursuant to the terms of this Agreement or any other
Loan Document and interest and fees accruing after (or that would accrue but for) the filing of any petition in bankruptcy, or
the commencement of any insolvency, reorganization or like proceeding, relating to the Parent, whether or not a claim for post-filing
or post-petition interest or fees is allowed in such proceeding). With respect to any Guarantor, if and to the extent, under the
Commodity Exchange Act or any rule, regulation or order of the CFTC (or the application or official interpretation of any thereof),
all or a portion of the guarantee of such Guarantor of, or the grant by such Guarantor of a security interest for, the obligation
(the “Excluded Parent Obligation”) to pay or perform under any agreement, contract or transaction that constitutes
a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act (or the analogous term or section in any
amended or successor statute) is or becomes illegal, the Parent Obligations guaranteed by such Guarantor shall not include any
such Excluded Parent Obligation.

 

    	 	9	 

     

    

 

“Patent Licenses”:
with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such
Grantor of any right under any United States patent, patent application, or patentable invention other than agreements with any
Person who is an Affiliate or a Subsidiary of the Parent or such Grantor, including, without limitation, any such license agreements
that are material to the business of Parent and its Restricted Subsidiaries, taken as a whole, and are listed on Schedule 5,
subject, in each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale,
all Inventory now or hereafter covered by such licenses.

 

“Patents”:
with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United States patents, patent
applications and patentable inventions and all reissues and extensions thereof, including, without limitation, all patents and
patent applications identified in Schedule 5, and including, without limitation, (i) all inventions and improvements
described and claimed therein, (ii) the right to sue or otherwise recover for any and all past, present and future infringements
and misappropriations thereof, (iii) all income, royalties, damages and other payments now and hereafter due and/or payable
with respect thereto (including, without limitation, payments under all licenses entered into in connection therewith, and damages
and payments for past, present or future infringements thereof), and (iv) all other rights corresponding thereto in the
United States and all reissues, divisions, continuations, continuations-in-part, substitutes, renewals, and extensions thereof,
all improvements thereon, and all other rights of any kind whatsoever of such Grantor accruing thereunder or pertaining thereto.

 

“Pledged Collateral”:
as to any Pledgor, the Pledged Securities now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof.

 

“Pledged Notes”:
with respect to any Pledgor, all Intercompany Notes at any time issued to, or held or owned by, such Pledgor.

 

“Pledged Securities”:
the collective reference to the Pledged Notes and the Pledged Stock.

 

    	 	10	 

     

    

 

“Pledged Stock”:
with respect to any Pledgor, the shares of Capital Stock listed on Schedule 2 as held by such Pledgor, together with any
other shares of Capital Stock of any Subsidiary of such Pledgor required to be pledged by such Pledgor pursuant to Subsection
7.9 of the Credit Agreement, as well as any other shares, stock certificates, options or rights of any nature whatsoever in
respect of any Capital Stock of any Issuer that may be issued or granted to, or held by, such Pledgor while this Agreement is
in effect, in each case, unless and until such time as the respective pledge of such Capital Stock under this Agreement is released
in accordance with the terms hereof and of the Credit Agreement; provided that in no event shall there be pledged, nor
shall any Pledgor be required to pledge, directly or indirectly, (i) more than 65% of any series of the outstanding Capital
Stock (including for these purposes any investment deemed to be Capital Stock for U.S. tax purposes) of any Foreign Subsidiary,
(ii) any Capital Stock of a Subsidiary of any Foreign Subsidiary, (iii) de minimis shares of a Foreign
Subsidiary held by any Pledgor as a nominee or in a similar capacity, (iv) any Capital Stock of any not-for-profit Subsidiary,
(v) any Capital Stock of any Excluded Subsidiary (other than, but without limiting clause (i) above, a Subsidiary described
in clause (d) of the definition thereof), (vi) any margin stock (as defined in Regulation U of the Board as from time
to time in effect and all official rulings and interpretations thereunder or thereof) and (vii) without duplication, any
Excluded Assets.

 

“Pledgor”:
(x) the Parent (with respect to Pledged Securities held by the Parent and all other Pledged Collateral of the Parent), (y) each
Borrower (with respect to Pledged Securities held by such Borrower and all other Pledged Collateral of Borrower) and (z)
each other Granting Party (with respect to Pledged Securities held by such Granting Party and all other Pledged Collateral of such
Granting Party).

 

“Proceeds”:
all “proceeds” as such term is defined in Section 9-102(a)(64) of the Code (as in effect on the date hereof) and, in
any event, Proceeds of Pledged Securities shall include, without limitation, all dividends or other income from the Pledged Securities,
collections thereon or distributions or payments with respect thereto.

 

“Restrictive Agreements”:
as defined in Subsection 3.3(a).

 

“Secured Parties”:
the collective reference to (i) the Administrative Agent, the Collateral Agent and each Other Representative, (ii)
the Lenders (including, without limitation, the Issuing Lenders and the Swingline Lender), (iii) the Non-Lender Secured
Parties and (iv) the respective successors and assigns and the permitted transferees and endorsees of each of the foregoing.

 

“Security Collateral”:
with respect to any Granting Party, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting
Party.

 

“Specified Asset”:
as defined in Subsection 4.2.2.

 

“Term Loan Collateral
Agreement”: as defined in the recitals hereto.

 

“Term Loan Obligations”:
as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Term Loan Priority
Collateral”: as defined in the ABL/Term Loan Intercreditor Agreement.

 

“Term Loan Secured
Parties”: the “Secured Parties” as defined in the Term Loan Collateral Agreement.

 

    	 	11	 

     

    

 

“Trade Secret Licenses”:
with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such
Grantor of any right under any United States trade secrets, including, without limitation, know-how, processes, formulae, compositions,
designs, and confidential business and technical information, and all rights of any kind whatsoever accruing thereunder or pertaining
thereto, other than agreements with any Person who is an Affiliate or a Subsidiary of the Parent or such Grantor, subject, in each
case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now
or hereafter covered by such licenses.

 

“Trade Secrets”:
with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United States trade secrets, including,
without limitation, know-how, processes, formulae, compositions, designs, and confidential business and technical information,
and all rights of any kind whatsoever accruing thereunder or pertaining thereto, including, without limitation, (i) all
income, royalties, damages and payments now and hereafter due and/or payable with respect thereto, including, without limitation,
payments under all licenses, non-disclosure agreements and memoranda of understanding entered into in connection therewith, and
damages and payments for past or future misappropriations thereof, and (ii) the right to sue or otherwise recover for past,
present or future misappropriations thereof.

 

“Trademark Licenses”:
with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such
Grantor of any right under any United States trademarks, service marks, trade names, trade dress or other indicia of trade origin
or business identifiers, other than agreements with any Person who is an Affiliate or a Subsidiary of the Parent or such Grantor,
including, without limitation, any such license agreements that are material to the business of the Parent and its Restricted Subsidiaries,
taken as a whole, and are listed on Schedule 5, subject, in each case, to the terms of such license agreements, and the
right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

 

“Trademarks”:
with respect to any Grantor, all of such Grantor’s right, title and interest in and to all United States trademarks, service
marks, trade names, trade dress or other indicia of trade origin or business identifiers, trademark and service mark registrations,
and applications for trademark or service mark registrations (except for “intent to use” applications for trademark
or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, unless and until an
Amendment to Allege Use or a Statement of Use under Sections 1(c) and 1(d) of said Act has been filed and accepted, it being understood
and agreed that the carve out in this parenthetical shall be applicable only if and for so long as a grant or enforcement of a
security interest in such intent to use application would invalidate or otherwise jeopardize Grantor’s rights therein or
in the resulting registration), and any renewals thereof, including, without limitation, each registration and application identified
in Schedule 5, and including, without limitation, (i) the right to sue or otherwise recover for any and all past,
present and future infringements or dilutions thereof, (ii) all income, royalties, damages and other payments now and hereafter
due and/or payable with respect thereto (including, without limitation, payments under all licenses entered into in connection
therewith, and damages and payments for past or future infringements thereof), and (iii) all other rights corresponding
thereto and all other rights of any kind whatsoever of such Grantor accruing thereunder or pertaining thereto in the United States,
together in each case with the goodwill of the business connected with the use of, and symbolized by, each such trademark, service
mark, trade name, trade dress or other indicia of trade origin or business identifiers.

 

    	 	12	 

     

    

 

“Vehicles”:
all cars, trucks, trailers, construction and earth moving equipment and other vehicles covered by a certificate of title law of
any state and all tires and other appurtenances to any of the foregoing.

 

1.2       Other
Definitional Provisions. (a) The words “hereof”, “herein”, “hereto” and
“hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and
not to any particular provision of this Agreement, and Section, Schedule and Annex references are to this Agreement unless
otherwise specified. The words “include”, “includes”, and “including” shall be deemed to
be followed by the phrase “without limitation”.

 

(b)       The
meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.

 

(c)       Where
the context requires, terms relating to the Collateral, Pledged Collateral or Security Collateral, or any part thereof, when used
in relation to a Granting Party shall refer to such Granting Party’s Collateral, Pledged Collateral or Security Collateral
or the relevant part thereof.

 

(d)       All
references in this Agreement to any of the property described in the definition of the term “Collateral” or “Pledged
Collateral”, or to any Proceeds thereof, shall be deemed to be references thereto only to the extent the same constitute
Collateral or Pledged Collateral, respectively.

 

Section
2

 

Guarantee

 

2.1       Guarantee.
(a) (i) Each of the Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees to the
Administrative Agent, for the benefit of the applicable Secured Parties, the prompt and complete payment and performance by
each Borrower when due and payable (whether at the stated maturity, by acceleration or otherwise) of the Borrower Obligations
of such Borrower owed to the applicable Secured Parties, and (ii) each of the Guarantors hereby, jointly and
severally, unconditionally and irrevocably, guarantees to the Administrative Agent, for the ratable benefit of the applicable
Secured Parties, the prompt and complete payment and performance by the Parent when due and payable (whether at the stated
maturity, by acceleration or otherwise) of the Parent Obligations owed to the applicable Secured Parties.

 

(b)       Anything
herein or in any other Loan Document to the contrary notwithstanding, the maximum liability of each Guarantor hereunder and under
the other Loan Documents shall in no event exceed the amount that can be guaranteed by such Guarantor under applicable law, including
applicable federal and state laws relating to the insolvency of debtors; provided that, to the maximum extent permitted
under applicable law, it is the intent of the parties hereto that the rights of contribution of each Guarantor provided in Subsection 2.2
be included as an asset of the respective Guarantor in determining the maximum liability of such Guarantor hereunder.

 

    	 	13	 

     

    

 

(c)       (i)
Each Guarantor agrees that the Borrower Obligations guaranteed by it hereunder may at any time and from time to time exceed the
amount of the liability of such Guarantor hereunder without impairing the guarantee contained in this Section 2 or affecting
the rights and remedies of the Administrative Agent or any other Secured Party hereunder and (ii) each Guarantor agrees
that the Parent Obligations guaranteed by it hereunder may at any time and from time to time exceed the amount of the liability
of such Guarantor hereunder without impairing the guarantee contained in this Section 2 or affecting the rights and remedies
of the Administrative Agent or any other Secured Party hereunder.

 

(d)       The
guarantee contained in this Section 2 shall remain in full force and effect until the earliest to occur of (i) the
first date on which all of the Loans, any Reimbursement Obligations and all other Borrower Obligations then due and owing and the
obligations of each Guarantor under the guarantee contained in this Section 2 then due and owing shall have been satisfied
by payment in full in cash, no Letter of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized
or otherwise provided for in a manner reasonably satisfactory to the applicable Issuing Lender) and the Commitments shall be terminated,
notwithstanding that from time to time during the term of the Credit Agreement any of the Borrowers may be free from any Borrower
Obligations, (ii) as to any Guarantor (other than the Parent), a sale or other disposition of all the Capital Stock of such
Guarantor (other than to the Parent, a Borrower or a Subsidiary Guarantor), or any other transaction or occurrence as a result
of which such Guarantor ceases to be a Restricted Subsidiary of the Parent, in each case that is permitted under the Credit Agreement
and (iii) as to any Guarantor (other than the Parent), such Guarantor being or becoming an Excluded Subsidiary.

 

(e)       No
payment made by any Borrower, any of the Guarantors, any other guarantor or any other Person or received or collected by the Administrative
Agent or any other Secured Party from any of the Borrowers, any of the Guarantors, any other guarantor or any other Person by virtue
of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction of or
in payment of any of the Borrower Obligations or the Parent Obligations shall be deemed to modify, reduce, release or otherwise
affect the liability of any Guarantor hereunder which shall, notwithstanding any such payment (other than any payment made by such
Guarantor in respect of the Borrower Obligations or the Parent Obligations or any payment received or collected from such Guarantor
in respect of any of the Borrower Obligations or the Parent Obligations), remain liable for the Borrower Obligations of each Borrower
or the Parent Obligations guaranteed by it hereunder up to the maximum liability of such Guarantor hereunder until the earliest
to occur of (i) the first date on which all the Loans, any Reimbursement Obligations and all other Borrower Obligations
then due and owing are paid in full in cash, no Letter of Credit shall be outstanding (except for Letters of Credit that have been
cash collateralized or otherwise provided for in a manner reasonably satisfactory to the applicable Issuing Lender) and the Commitments
are terminated, (ii) as to any Guarantor (other than the Parent), a sale or other disposition of all of the Capital Stock
of such Guarantor (other than to the Parent, a Borrower or a Subsidiary Guarantor), or any other transaction or occurrence as a
result of which such Guarantor ceases to be a Restricted Subsidiary of the Parent, in each case that is permitted under the Credit
Agreement and (iii) as to any Guarantor (other than the Parent), such Guarantor being or becoming an Excluded Subsidiary.

 

    	 	14	 

     

    

 

2.2       Right
of Contribution. Each Guarantor hereby agrees that to the extent that a Guarantor shall have paid more than its
proportionate share (based, to the maximum extent permitted by law, on the respective Adjusted Net Worth of each Guarantor on
the date the respective payment is made) of any payment made hereunder, such Guarantor shall be entitled to seek and receive
contribution from and against any other Guarantor hereunder that has not paid its proportionate share of such payment. Each
Guarantor’s right of contribution shall be subject to the terms and conditions of Subsection 2.3. The provisions
of this Subsection 2.2 shall in no respect limit the obligations and liabilities of any Guarantor to the
Administrative Agent and the other Secured Parties, and each Guarantor shall remain liable to the Administrative Agent and
the other Secured Parties for the full amount guaranteed by such Guarantor hereunder.

 

2.3       No
Subrogation. Notwithstanding any payment made by any Guarantor hereunder or any set-off or application of funds of any
Guarantor by the Administrative Agent or any other Secured Party, no Guarantor shall be entitled to be subrogated to any of
the rights of the Administrative Agent or any other Secured Party against any Borrower or any other Guarantor or any
collateral security or guarantee or right of offset held by the Administrative Agent or any other Secured Party for the
payment of the Borrower Obligations or the Parent Obligations, nor shall any Guarantor seek or be entitled to seek any
contribution or reimbursement from any Borrower or any other Guarantor in respect of payments made by such Guarantor
hereunder, until all amounts owing to the Administrative Agent and the other Secured Parties by any Borrower on account of
the Borrower Obligations or the Parent Obligations are paid in full in cash, no Letter of Credit shall be outstanding (or
shall not have been cash collateralized, or otherwise provided for in a manner reasonably satisfactory to each applicable
Issuing Lender) and the Commitments are terminated. If any amount shall be paid to any Guarantor on account of such
subrogation rights at any time when all of the Borrower Obligations or the Parent Obligations shall not have been paid in
full in cash or any Letter of Credit shall remain outstanding (and shall not have been cash collateralized or otherwise
provided for in a manner reasonably satisfactory to the applicable Issuing Lender) or any of the Commitments shall remain in
effect, such amount shall be held by such Guarantor in trust for the Administrative Agent and the other Secured Parties,
segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over to the
Administrative Agent in the exact form received by such Guarantor (duly indorsed by such Guarantor to the Administrative
Agent, if required), to be held as collateral security for all of the Borrower Obligations and the Parent
Obligations (whether matured or unmatured) guaranteed by such Guarantor and/or then or at any time thereafter may be applied
against any Borrower Obligations or Parent Obligations, in each case, whether matured or unmatured, in such order as the
Administrative Agent may determine.

 

    	 	15	 

     

    

 

2.4       Amendments,
etc. with Respect to the Obligations. To the maximum extent permitted by law, each Guarantor shall remain obligated
hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further
assent by any Guarantor, any demand for payment of any of the Borrower Obligations or the Parent Obligations made by the
Collateral Agent, the Administrative Agent or any other Secured Party may be rescinded by the Collateral Agent, the
Administrative Agent or such other Secured Party and any of the Borrower Obligations or the Parent Obligations continued, and
the Borrower Obligations or the Parent Obligations, or the liability of any other Person upon or for any part thereof, or any
collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in
part, be renewed, extended, amended, waived, modified, accelerated, compromised, subordinated, waived, surrendered or
released by the Collateral Agent, the Administrative Agent or any other Secured Party, and the Credit Agreement and the other
Loan Documents and any other documents executed and delivered in connection therewith may be amended, waived, modified,
supplemented or terminated, in whole or in part, as the Collateral Agent or the Administrative Agent (or the Required Lenders
or the applicable Lender(s), as the case may be) may deem advisable from time to time, and any collateral security, guarantee
or right of offset at any time held by the Collateral Agent, the Administrative Agent or any other Secured Party for the
payment of any of the Borrower Obligations or the Parent Obligations may be sold, exchanged, waived, surrendered or released.
None of the Collateral Agent, the Administrative Agent and each other Secured Party shall have any obligation to protect,
secure, perfect or insure any Lien at any time held by it as security for any of the Borrower Obligations or the
Parent Obligations or for the guarantee contained in this Section 2 or any property subject thereto, except to the
extent required by applicable law.

 

    	 	16	 

     

    

 

2.5       Guarantee
Absolute and Unconditional. Each Guarantor waives, to the maximum extent permitted by applicable law, any and all notice
of the creation, renewal, extension or accrual of any of the Borrower Obligations or the Parent Obligations and notice of or
proof of reliance by the Collateral Agent, the Administrative Agent or any other Secured Party upon the guarantee contained
in this Section 2 or acceptance of the guarantee contained in this Section 2; each of the Borrower Obligations
and the Parent Obligations, and any obligation contained therein, shall conclusively be deemed to have been created,
contracted or incurred, or renewed, extended, amended or waived, in reliance upon the guarantee contained in this Section 2;
and all dealings between any of the Borrowers and any of the Guarantors, on the one hand, and the Collateral Agent, the
Administrative Agent and the other Secured Parties, on the other hand, likewise shall be conclusively presumed to have been
had or consummated in reliance upon the guarantee contained in this Section 2. Each Guarantor waives, to the maximum
extent permitted by applicable law, diligence, presentment, protest, demand for payment and notice of default or nonpayment
to or upon any of the Borrowers or any of the other Guarantors with respect to any of the Borrower Obligations and the Parent
Obligations. Each Guarantor understands and agrees, to the extent permitted by law, that the guarantee contained in this Section
2 shall be construed as a continuing, absolute and unconditional guarantee of payment and not of collection. Each
Guarantor hereby waives, to the maximum extent permitted by applicable law, any and all defenses (other than any claim
alleging breach of a contractual provision of any of the Loan Documents) that it may have arising out of or in connection
with any and all of the following: (a) the validity or enforceability of the Credit Agreement or any other Loan
Document, any of the Borrower Obligations or the Parent Obligations or any other collateral security therefor or guarantee or
right of offset with respect thereto at any time or from time to time held by the Collateral Agent, the Administrative Agent
or any other Secured Party, (b) any defense, set-off or counterclaim (other than a defense of payment or performance)
that may at any time be available to or be asserted by any of the Borrowers or the Parent against the Collateral Agent, the
Administrative Agent or any other Secured Party, (c) any change in the time, place, manner or place of payment,
amendment, or waiver or increase in any of the Obligations, (d) any exchange, non-perfection, taking, or release of
Security Collateral, (e) any change in the structure or existence of any of the Borrowers or the Parent,
(f) any application of Security Collateral to any of the Obligations, (g) any law, regulation or order of any
jurisdiction, or any other event, affecting any term of any Obligation or the rights of the Collateral Agent, the
Administrative Agent or any other Secured Party with respect thereto, including, without limitation, (i) the
application of any such law, regulation, decree or order, including any prior approval, which would prevent the exchange of
any currency (other than Dollars) for Dollars or the remittance of funds outside of such jurisdiction or the unavailability
of Dollars in any legal exchange market in such jurisdiction in accordance with normal commercial practice, (ii) a
declaration of banking moratorium or any suspension of payments by banks in such jurisdiction or the imposition by such
jurisdiction or any Governmental Authority thereof of any moratorium on, the required rescheduling or restructuring of, or
required approval of payments on, any indebtedness in such jurisdiction, (iii) any expropriation, confiscation,
nationalization or requisition by such country or any Governmental Authority that directly or indirectly deprives any
Borrower or the Parent of any assets or their use, or of the ability to operate its business or a material part thereof, or
(iv) any war (whether or not declared), insurrection, revolution, hostile act, civil strife or similar events
occurring in such jurisdiction which has the same effect as the events described in clause (i), (ii) or (iii) above (in each
of the cases contemplated in clauses (i) through (iv) above, to the extent occurring or existing on or at any time after the
date of this Agreement), or (h) any other circumstance whatsoever (other than payment in full in cash of the Borrower
Obligations and the Parent Obligations guaranteed by it hereunder) (with or without notice to or knowledge of any of the
Borrowers or such Guarantor) or any existence of or reliance on any representation by the Secured Parties that
constitutes, or might be construed to constitute, an equitable or legal discharge of any of the Borrowers for the Borrower
Obligations, or the Parent for the Parent Obligations, or of such Guarantor under the guarantee contained in this Section
2, in bankruptcy or in any other instance. When making any demand hereunder or otherwise pursuing its rights and remedies
hereunder against any Guarantor, the Collateral Agent, the Administrative Agent and any other Secured Party may, but shall be
under no obligation to, make a similar demand on or otherwise pursue such rights and remedies as it may have against any of
the Borrowers, any other Guarantor or any other Person or against any collateral security or guarantee for the Borrower
Obligations or the Parent Obligations guaranteed by such Guarantor hereunder or any right of offset with respect thereto, and
any failure by the Collateral Agent, the Administrative Agent or any other Secured Party to make any such demand, to pursue
such other rights or remedies or to collect any payments from any Borrower, any other Guarantor or any other Person or to
realize upon any such collateral security or guarantee or to exercise any such right of offset, or any release of any of the
Borrowers, any other Guarantor or any other Person or any such collateral security, guarantee or right of offset, shall not
relieve any Guarantor of any obligation or liability hereunder, and shall not impair or affect the rights and remedies,
whether express, implied or available as a matter of law, of the Collateral Agent, the Administrative Agent or any other
Secured Party against any Guarantor. For the purposes hereof “demand” shall include the commencement and
continuance of any legal proceedings.

 

    	 	17	 

     

    

 

2.6       Reinstatement.
The guarantee of any Guarantor contained in this Section 2 shall continue to be effective, or be reinstated, as
the case may be, if at any time payment, or any part thereof, of any of the Borrower Obligations guaranteed by such Guarantor
hereunder is rescinded or must otherwise be restored or returned by the Collateral Agent, the Administrative Agent or any
other Secured Party upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of any Borrower or any
Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar
officer for, any Borrower or any Guarantor or any substantial part of its property, or otherwise, all as though such payments
had not been made.

 

2.7       Payments.
Each Guarantor hereby guarantees that payments hereunder will be paid to the Administrative Agent without set-off or
counterclaim, in Dollars (or in the case of any amount required to be paid in any other currency pursuant to the requirements
of the Credit Agreement or other agreement relating to the respective Obligations, such other currency), at the
Administrative Agent’s office specified in Subsection 11.2 of the Credit Agreement or such other address as may
be designated in writing by the Administrative Agent to such Guarantor from time to time in accordance with Subsection
11.2 of the Credit Agreement.

 

Section
3

 

Grant of Security Interest

 

3.1       Grant.
Each Grantor hereby grants to the Collateral Agent, for the benefit of the Secured Parties, a security interest in all of the
Collateral of such Grantor, as collateral security for the prompt and complete payment and performance when due (whether at the
stated maturity, by acceleration or otherwise) of the Obligations of such Grantor, except as provided in Subsection 3.3.
The term “Collateral”, as to any Grantor, means the following property (wherever located) now owned or at any
time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title
or interest, except as provided in Subsection 3.3:

 

(a)        all
Accounts;

 

(b)       all
Money (including all cash);

 

(c)       all
Cash Equivalents;

 

(d)       all
Chattel Paper;

 

(e)       all
Contracts;

 

(f)        all
Deposit Accounts;

 

(g)       all
Documents;

 

(h)       all
Equipment;

 

(i)        all
General Intangibles;

 

(j)        all
Instruments;

 

(k)       all
Intellectual Property;

 

    	 	18	 

     

    

 

(l)        all
Inventory;

 

(m)       all
Investment Property;

 

(n)       all
Letter-of-Credit Rights;

 

(o)       all
Fixtures;

 

(p)       all
Supporting Obligations;

 

(q)       all
Commercial Tort Claims constituting Commercial Tort Actions described in Schedule 6 (together with any Commercial Tort Actions
subject to a further writing provided in accordance with Subsection 5.2.12);

 

(r)        all
books and records relating to the foregoing;

 

(s)       the
Collateral Proceeds Account; and

 

(t)       to
the extent not otherwise included, all Proceeds and products of any and all of the foregoing and all collateral security and guarantees
given by any Person with respect to any of the foregoing;

 

provided that, Collateral
shall not include any Pledged Collateral, or any property or assets described in the proviso to the definition of Pledged Stock.

 

3.2       Pledged
Collateral. Each Granting Party that is a Pledgor, hereby grants to the Collateral Agent, for the benefit of the Secured
Parties, a security interest in all of the Pledged Collateral of such Pledgor now owned or at any time hereafter acquired by
such Pledgor, including any Proceeds thereof, as collateral security for the prompt and complete payment and performance when
due (whether at the stated maturity, by acceleration or otherwise) of the Obligations of such Pledgor, except as provided in Subsection
3.3.

 

3.3       Certain
Limited Exceptions. No security interest is or will be granted pursuant to this Agreement or any other Security Document
in any right, title or interest of any Granting Party under or in, and “Collateral” and “Pledged
Collateral” shall not include the following (collectively, the “Excluded Assets”):

 

(a)       any
Instruments, Contracts, Chattel Paper, General Intangibles, Copyright Licenses, Patent Licenses, Trademark Licenses, Trade Secret
Licenses or other contracts or agreements with or issued by Persons other than the Parent, a Subsidiary of the Parent or an Affiliate
of any of the foregoing (collectively, “Restrictive Agreements”) that would otherwise be included in the Security
Collateral (and such Restrictive Agreements shall not be deemed to constitute a part of the Security Collateral) for so long as,
and to the extent that, the granting of such a security interest pursuant hereto would result in a breach, default or termination
of such Restrictive Agreements (in each case, except to the extent that, pursuant to the Code and any other applicable law, the
granting of security interests therein can be made without resulting in a breach, default or termination of such Restrictive Agreements);

 

    	 	19	 

     

    

 

(b)       any
Equipment or other property that would otherwise be included in the Security Collateral (and such Equipment or other property shall
not be deemed to constitute a part of the Security Collateral) if such Equipment or other property (x) (A) is subject
to a Lien described in Subsection 8.14(d) or 8.14(e) (with respect to a Lien described in Subsection 8.14(d))
of the Credit Agreement (or any corresponding provision of any Additional Credit Facility (but in each case only for so long as
such Liens are in place)) or (B) is subject to a Lien described in clause (h) (with respect to Purchase Money Obligations
or Financing Lease Obligations) or (o) (with respect to such Liens described in such clause (h)) of the definition of “Permitted
Liens” in the Term Loan Credit Agreement (as in effect on the date hereof) (or any corresponding provision of any Additional
Credit Facility) or (y) (A) is subject to any Lien (other than Liens securing the Obligations, the Term Loan Obligations
or any Additional Term Obligations) described in Subsection 8.14(q) of the Credit Agreement (or any corresponding provision
of any Additional Credit Facility (but in each case only for so long as such Liens are in place) or (B) is subject to any
Lien (other than Liens securing the Obligations, the Term Loan Obligations or any Additional Term Obligations ) in respect of Hedging
Obligations (as defined in the Term Loan Credit Agreement (as in effect on the date hereof)) permitted by Subsection 8.6
of the Term Loan Credit Agreement as a “Permitted Lien” pursuant to clause (h) of the definition thereof in the Term
Loan Credit Agreement (as in effect on the date hereof) (or any corresponding provision of any Additional Credit Facility), and,
in the case of such other property, such other property consists solely of (i) cash, Cash Equivalents or Temporary Cash
Investments, together with proceeds, dividends and distributions in respect thereof, (ii) any assets relating to such assets,
proceeds, dividends or distributions, or to such Hedging Obligations (as defined in the Term Loan Credit Agreement (as in effect
on the date hereof)), and/or (iii) any other assets consisting of, relating to or arising under or in connection with (1)
any Hedging Obligations (as defined in the Term Loan Credit Agreement) or (2) any other agreements, instruments or documents
evidencing or governing any Hedging Obligations (as defined in the Term Loan Credit Agreement (as in effect on the date hereof))
or to any of the assets referred to in any of subclauses (i) through (iii) of this subclause (b)(y);

 

(c)       any
property (and/or related rights and/or assets) that (A) would otherwise be included in the Security Collateral (and such
property (and/or related rights and/or assets) shall not be deemed to constitute a part of the Security Collateral) if such property
has been sold or otherwise transferred in connection with a Sale and Leaseback Transaction permitted under Subsection 8.5
of the Credit Agreement (or any corresponding provision of any Additional Credit Facility) or clause (x) or (xix) of the definition
of “Asset Disposition” in the Term Loan Credit Agreement (as in effect on the date hereof) (or any corresponding provision
of any Additional Credit Facility), or (B) is subject to any Liens permitted under Subsection 8.14 of the Credit
Agreement (or any corresponding provision of any Additional Credit Facility) or Subsection 8.6 of the Term Loan Credit Agreement
(as in effect on the date hereof) (or any corresponding provision of any Additional Credit Facility) that, in each case, relate
to property subject to any such Sale and Leaseback Transaction or general intangibles related thereto (but only for so long as
such Liens are in place); provided that, notwithstanding the foregoing, a security interest of the Collateral Agent shall
attach to any money, securities or other consideration received by any Grantor as consideration for the sale or other disposition
of such property as and to the extent such consideration would otherwise constitute Security Collateral;

 

    	 	20	 

     

    

 

(d)       Capital
Stock (including for these purposes any investment deemed to be Capital Stock for United States tax purposes) which is described
in the proviso to the definition of Pledged Stock;

 

(e)       any
Money, cash, checks, other negotiable instruments, funds and other evidence of payment held in any Deposit Account of the Parent
or any of its Subsidiaries in the nature of a security deposit with respect to obligations for the benefit of the Parent or any
of its Subsidiaries, which must be held for or returned to the applicable counterparty under applicable law or pursuant to Contractual
Obligations;

 

(f)        any
interest in leased real property (including Fixtures related thereto) (and there shall be no requirement to deliver landlord lien
waivers, estoppels or collateral access letters);

 

(g)       any
fee interest in owned real property (including Fixtures related thereto);

 

(h)       any
Vehicles and any assets subject to certificate of title;

 

(i)        Letter-of-Credit
Rights and Commercial Tort Claims, in each case, individually with a value of less than $10,000,000;

 

(j)        assets
to the extent the granting or perfecting of a security interest in such assets would result in costs or other consequences to the
Parent or any of its Subsidiaries as reasonably determined in writing by the Parent, the Administrative Agent and, to the extent
such assets would otherwise constitute ABL Priority Collateral, the Collateral Agent in good faith (which determination shall be
conclusive), that are excessive in view of the benefits that would be obtained by the Secured Parties;

 

(k)       those
assets over which the granting of security interests in such assets would be prohibited by contract permitted under the Credit
Agreement, applicable law or regulation or the organizational or joint venture documents of any non-wholly owned Subsidiary (including
permitted liens, leases and licenses) (in each case, after giving effect to the applicable anti-assignment provisions of the Code,
other than proceeds and receivables thereof to the extent that their assignment is expressly deemed effective under the Code notwithstanding
such prohibitions), or to the extent that such security interests would result in adverse tax consequences to the Parent or any
of its Subsidiaries (as determined by the Parent in good faith, which determination shall be conclusive) (it being understood that
the Lenders shall not require the Parent or any of its Subsidiaries to enter into any security agreements or pledge agreements
governed by foreign law);

 

    	 	21	 

     

    

 

(l)        any
assets specifically requiring perfection through control (including cash, cash equivalents, deposit accounts or other bank or securities
accounts), (i) to the extent the security interest in such asset is not automatically perfected by filings under the
Uniform Commercial Code of any applicable jurisdiction, (ii) other than in the case of Pledged Stock, or Pledged Notes,
to the extent not perfected by being held by the Collateral Agent or an Additional Agent as agent for the Collateral Agent, (iii)
other than DDAs, Concentration Accounts, the Core Concentration Account and Blocked Accounts (in each case only to the extent required
pursuant to Subsection 4.16 of the Credit Agreement (or any corresponding provision of any Additional ABL Credit Facility)),
and (iv) other than the Collateral Proceeds Account (to the extent required pursuant to this Agreement), and any Collateral
Proceeds Account under and as defined in the Term Loan Collateral Agreement (to the extent required pursuant to the Term Loan Collateral
Agreement);

 

(m)       Foreign
Intellectual Property;

 

(n)       any
aircraft, airframes, aircraft engines, helicopters, vessels or rolling stock, or any Equipment or other assets constituting a part
thereof;

 

(o)       prior
to the Discharge of Term Loan Obligations, any property that would otherwise constitute Term Loan Priority Collateral but is an
Excluded Asset (as such term is defined in the Term Loan Collateral Agreement); and

 

(p)       any
Capital Stock and other securities of a Subsidiary of the Parent to the extent that the pledge of or grant of any other Lien on
such Capital Stock and other securities for the benefit of any holders of securities results in the Parent or any of its Restricted
Subsidiaries being required to file separate financial statements for such Subsidiary with the Securities and Exchange Commission
(or any other governmental authority) pursuant to either Rule 3-10 or 3-16 of Regulation S-X under the Securities Act, or any other
law, rule or regulation as in effect from time to time, but only to the extent necessary to not be subject to such requirement;
and

 

(q)       any
Goods in which a security interest is not perfected by filing a financing statement in the applicable Grantor’s jurisdiction
of organization.

 

    	 	22	 

     

    

 

3.4       Intercreditor
Relations. Notwithstanding anything herein to the contrary, it is the understanding of the parties that the Liens granted
pursuant to Subsections 3.1 and 3.2 shall (a) with respect to all Security Collateral constituting Term
Loan Priority Collateral (x) prior to the Discharge of Term Loan Obligations, be subject and subordinate to the Liens
granted to the Term Loan Agent for the benefit of the Term Loan Secured Parties to secure the Term Loan Obligations pursuant
to the Term Loan Collateral Agreement and (y) prior to the Discharge of Additional Term Obligations, be subject
and subordinate to the Liens granted to any Additional Term Loan Agent for the benefit of the holders of the Additional Term
Obligations to secure the Additional Term Obligations pursuant to any Additional Term Loan Collateral Documents as and to the
extent provided for therein, and (b) with respect to all Security Collateral, prior to the Discharge of Additional ABL
Obligations, be pari passu and equal in priority to the Liens granted to any Additional ABL Agent for the benefit of the
holders of the applicable Additional ABL Obligations to secure such Additional ABL Obligations pursuant to the applicable
Additional ABL Collateral Documents (except, in the case of this clause (b), as may be separately otherwise agreed between
the Collateral Agent, on behalf of itself and the Secured Parties, and any Additional ABL Agent, on behalf of itself and the
Additional ABL Secured Parties represented thereby). Each of the Collateral Agent and the Administrative Agent acknowledges
and agrees that the relative priority of the Liens granted to the Collateral Agent, the Term Loan Agent and any Additional
Agent shall be determined solely pursuant to the applicable Intercreditor Agreements, and not by priority as a matter of law
or otherwise. Notwithstanding anything herein to the contrary, the Liens and security interest granted to the Collateral
Agent pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent hereunder are subject to the
provisions of the applicable Intercreditor Agreements. In the event of any conflict between the terms of any Intercreditor
Agreement and this Agreement, the terms of such Intercreditor Agreement shall govern and control as among (i) the
Collateral Agent, the Term Loan Agent and any Additional Agent, in the case of the ABL/Term Loan Intercreditor Agreement,
(ii) the Collateral Agent and Additional ABL Agent, in the case of the Junior Lien Intercreditor Agreement, and
(iii) the Collateral Agent and any other secured creditor (or agent therefor) party thereto, in the case of any
Other Intercreditor Agreement. In the event of any such conflict, each Grantor may act (or omit to act) in accordance with
such Intercreditor Agreement, and shall not be in breach, violation or default of its obligations hereunder by reason of
doing so. Notwithstanding any other provision hereof, (x) for so long as Term Loan Obligations or any Additional Term
Obligations remain outstanding, any obligation hereunder to deliver to the Collateral Agent any Security Collateral
constituting Term Loan Priority Collateral shall be satisfied by causing such Term Loan Priority Collateral to be delivered
to the Term Loan Agent or the applicable Term Loan Collateral Representative (as defined in the ABL/Term Loan Intercreditor
Agreement) to be held in accordance with the ABL/Term Loan Intercreditor Agreement and (y) for so long as any
Additional Term Obligations remain outstanding, any obligation hereunder to deliver to the Collateral Agent any Security
Collateral shall be satisfied by causing such Security Collateral to be delivered to the applicable Collateral Representative
or any Additional ABL Agent to be held in accordance with the applicable Intercreditor Agreement.

 

Section
4

 

Representations and Warranties

 

4.1       Representations
and Warranties of Each Guarantor. To induce the Administrative Agent, the Collateral Agent and the Lenders to enter into
the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrowers thereunder,
each Guarantor (other than the Borrowers) hereby represents and warrants to the Collateral Agent and each other Secured Party
that the representations and warranties set forth in Section 5 of the Credit Agreement as they relate to such
Guarantor or to the Loan Documents to which such Guarantor is a party, on the Closing Date and thereafter, to the extent such
representations and warranties are required to be true and correct for any applicable Extension of Credit pursuant to Section
6 of the Credit Agreement, each of which representations and warranties is hereby incorporated herein by reference, are true
and correct in all material respects, and the Collateral Agent and each other Secured Party shall be entitled to rely on each
of such representations and warranties as if fully set forth herein; provided that each reference in each such
representation and warranty to the Parent’s knowledge shall, for the purposes of this Subsection 4.1, be deemed
to be a reference to such Guarantor’s knowledge.

 

    	 	23	 

     

    

 

4.2       Representations
and Warranties of Each Grantor. To induce the Administrative Agent, the Collateral Agent and the Lenders to enter into
the Credit Agreement to make their respective extensions of credit to the Borrowers under the Credit Agreement following the
Closing Date, each Grantor hereby represents and warrants to the Collateral Agent and each other Secured Party (on the
Closing Date and thereafter solely to the extent such representations and warranties are required to be true and correct for
such Extension of Credit pursuant to Subsection 6.2 of the Credit Agreement) that, in each case after giving effect to
the Transactions:

 

4.2.1    Title;
No Other Liens. Except for the security interests granted to the Collateral Agent for the benefit of the Secured Parties pursuant
to this Agreement and the other Liens permitted to exist on such Grantor’s Collateral by the Credit Agreement (including,
without limitation, Subsection 8.14 thereof), such Grantor owns each item of such Grantor’s Collateral free and clear
of any and all Liens securing Indebtedness. As of the Closing Date, except as set forth on Schedule 3, to the knowledge
of such Grantor (x) in the case of the ABL Priority Collateral, no currently effective financing statement or other similar
public notice with respect to any Lien securing Indebtedness on all or any part of such Grantor’s ABL Priority Collateral
is on file or of record in any public office in the United States of America, any state, territory or dependency thereof or the
District of Columbia and (y) in the case of the Term Loan Priority Collateral, no currently effective financing statement
or other similar public notice with respect to any Lien securing Indebtedness on all or any part of such Grantor’s Term Loan
Priority Collateral is on file or of record in any public office in the United States of America, any state, territory or dependency
thereof or the District of Columbia, except, in each case, such as have been filed in favor of the Collateral Agent for the benefit
of the Secured Parties pursuant to this Agreement or as are permitted by the Credit Agreement (including, without limitation, Subsection
8.14 thereof) or any other Loan Document or for which termination statements will be delivered on the Closing Date.

 

4.2.2    Perfected
First Priority Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor,
valid and enforceable Liens on such Grantor’s Security Collateral in favor of the Collateral Agent for the benefit of the
Secured Parties, except as to enforcement, as may be limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general
equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

 

    	 	24	 

     

    

 

(b)       Except
with regard to (i) Liens (if any) on Specified Assets and (ii) any rights in favor of the United States government
as required by law (if any), upon the completion of the Filings and, with respect to Instruments, Chattel Paper and Documents upon
the earlier of such Filing or the delivery to and continuing possession by the Collateral Agent, the Term Loan Agent, the applicable
Collateral Representative or any Additional Agent, as applicable, in accordance with any applicable Intercreditor Agreement, of
all Instruments, Chattel Paper and Documents a security interest in which is perfected by possession, and upon the obtaining and
maintenance of “control” (as described in the Code) by the Collateral Agent, the Term Loan Agent, the applicable Collateral
Representative or any Additional Agent, as applicable (or their respective agents appointed for purposes of perfection), in accordance
with any applicable Intercreditor Agreement of all Deposit Accounts, all Blocked Accounts, the Collateral Proceeds Account, all
Electronic Chattel Paper and all Letter-of-Credit Rights a security interest in which is perfected by “control” (in
the case of Deposit Accounts and Blocked Accounts to the extent required under Subsection 4.16 of the Credit Agreement (or
any corresponding provision of any Additional ABL Credit Facility)) and in the case of Commercial Tort Actions (other than such
Commercial Tort Actions listed on Schedule 6 on the date of this Agreement), upon the taking of the actions required
by Subsection 5.2.12, the Liens created pursuant to this Agreement will constitute valid Liens on and (to the extent provided
herein) perfected security interests in such Grantor’s Collateral in favor of the Collateral Agent for the benefit of the
Secured Parties, and will be prior to all other Liens of all other Persons securing Indebtedness, in each case other than Liens
permitted by the Credit Agreement (including Permitted Liens) (and subject to any applicable Intercreditor Agreement), and enforceable
as such as against all other Persons other than Ordinary Course Transferees, except to the extent that the recording of an assignment
or other transfer of title to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional
Agent (in accordance with the applicable Intercreditor Agreement) or the recording of other applicable documents in the United
States Patent and Trademark Office or United States Copyright Office may be necessary for perfection or enforceability, and except
as to enforcement, as may be limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent conveyance, reorganization,
moratorium and other similar laws relating to or affecting creditors’ rights’ generally, general equitable principles
(whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. As used in this
Subsection 4.2.2(b), the following terms shall have the following meanings:

 

“Filings”:
the filing or recording of (i) the Financing Statements as set forth in Schedule 3, (ii) this Agreement or
a notice thereof with respect to Intellectual Property as set forth in Schedule 3, and (iii) any filings after the
Closing Date in any other jurisdiction as may be necessary under any Requirement of Law.

 

“Financing
Statements”: the financing statements attached hereto on Schedule 4A for filing in the jurisdictions listed in
Schedule 4B.

 

“Ordinary
Course Transferees”: (i) with respect to goods only, buyers in the ordinary course of business and lessees in
the ordinary course of business to the extent provided in Section 9-320(a) and 9-321 of the Uniform Commercial Code as in effect
from time to time in the relevant jurisdiction, (ii) with respect to general intangibles only, licensees in the ordinary
course of business to the extent provided in Section 9-321 of the Uniform Commercial Code as in effect from time to time in the
relevant jurisdiction and (iii) any other Person who is entitled to take free of the Lien pursuant to the Uniform Commercial
Code as in effect from time to time in the relevant jurisdiction.

 

“Specified
Assets”: the following property and assets of such Grantor:

 

    	 	25	 

     

    

 

(1)       Patents,
Patent Licenses, Trademarks and Trademark Licenses to the extent that (a) Liens thereon cannot be perfected by the filing
of financing statements under the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction or by the
filing and acceptance of intellectual property security agreements in the United States Patent and Trademark Office or (b)
such Patents, Patent Licenses, Trademarks and Trademark Licenses are not, individually or in the aggregate, material to the business
of the Parent and its Subsidiaries, taken as a whole;

 

(2)       Copyrights
and Copyright Licenses with respect thereto and Accounts or receivables arising therefrom to the extent that (a) Liens thereon
cannot be perfected by filing and acceptance of intellectual property security agreements in the United States Copyright Office
or (b) the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction is not applicable to the
creation or perfection of Liens thereon;

 

(3)       Collateral
for which the perfection of Liens thereon requires filings in or other actions under the laws of jurisdictions outside of the United
States of America, any State, territory or dependency thereof or the District of Columbia;

 

(4)       goods
included in Collateral received by any Person from any Grantor for “sale or return” within the meaning of Section 2-326(1)(b)
of the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction, to the extent of claims of creditors
of such Person;

 

(5)       Fixtures,
Vehicles, any other assets subject to certificates of title, and Money and Cash Equivalents (other than Cash Equivalents constituting
Investment Property to the extent a security interest therein is perfected by the filing of a financing statement under the Uniform
Commercial Code as in effect from time to time in the relevant jurisdiction);

 

(6)       Proceeds
of Accounts or Inventory which do not themselves constitute Collateral or which do not constitute identifiable Cash Proceeds or
which have not yet been transferred to or deposited in the Collateral Proceeds Account (if any) or to a Blocked Account;

 

(7)       Contracts,
Accounts or receivables subject to the Assignment of Claims Act of 1940, as amended (31 U.S.C. §
3727 et seq.);

 

(8)       uncertificated
securities, to the extent Liens thereon cannot be perfected by the filing of a financing statement under the Uniform Commercial
Code as in effect from time to time in the relevant jurisdiction; and

 

(9)        securities
held with an intermediary (as such phrase is defined in the Convention on the Law Applicable to Certain Rights in Respect of Securities
held with an Intermediary as in effect in the United States) to the extent that the Uniform Commercial Code as in effect from time
to time in the relevant jurisdiction is not applicable to the perfection of Liens thereon.

 

    	 	26	 

     

    

 

4.2.3    Jurisdiction
of Organization. On the date hereof, such Grantor’s jurisdiction of organization is specified on Schedule 4B.

 

4.2.4    [Reserved].

 

4.2.5    Accounts
Receivable. The amounts represented by such Grantor to the Administrative Agent or the other Secured Parties from time to time
as owing by each account debtor or by all account debtors in respect of such Grantor’s Accounts Receivable constituting Security
Collateral will at such time be the correct amount, in all material respects, actually owing by such account debtor or debtors
thereunder, except to the extent that appropriate reserves therefor have been established on the books of such Grantor in accordance
with GAAP. Unless otherwise indicated in writing to the Administrative Agent, each Account Receivable of such Grantor arises out
of a bona fide sale and delivery of goods or rendition of services by such Grantor. Such Grantor has not given any account debtor
any deduction in respect of the amount due under any such Account, except in the ordinary course of business or as such Grantor
may otherwise advise the Administrative Agent in writing.

 

4.2.6    Patents,
Copyrights and Trademarks. Schedule 5 lists all Trademarks, Copyrights and Patents, in each case, material to the business
of the Parent and its Restricted Subsidiaries, taken as a whole, and registered in the United States Patent and Trademark Office
or the United States Copyright Office, as applicable, and owned by such Grantor in its own name as of the date hereof, and all
Trademark Licenses, all Copyright Licenses and all Patent Licenses, in each case, material to the business of the Parent and its
Restricted Subsidiaries, taken as a whole (including, without limitation, Trademark Licenses for registered Trademarks, Copyright
Licenses for registered Copyrights and Patent Licenses for registered Patents, in each case, material to the business of the Parent
and its Restricted Subsidiaries, taken as a whole, but excluding licenses to commercially available “off-the-shelf”
software), owned by such Grantor in its own name as of the date hereof, in each case, that is solely United States Intellectual
Property.

 

4.3       Representations
and Warranties of Each Pledgor. To induce the Administrative Agent, the Collateral Agent, and the Lenders to enter into
the Credit Agreement and to make their respective extensions of credit to the Borrowers under the Credit Agreement following
the Closing Date, each Pledgor hereby represents and warrants to the Collateral Agent and each other Secured Party (on the
Closing Date and thereafter solely to the extent such representations and warranties are required to be true and correct for
such Extension of Credit pursuant to Subsection 6.2 of the Credit Agreement) that:

 

4.3.1    Except
as provided in Subsection 3.3, the shares of Pledged Stock pledged by such Pledgor hereunder constitute (i) in the
case of shares of a Domestic Subsidiary, all the issued and outstanding shares of all classes of the Capital Stock of such Domestic
Subsidiary owned by such Pledgor and (ii) in the case of any Pledged Stock constituting Capital Stock of any Foreign Subsidiary,
as of the Closing Date such percentage (not more than 65%) as is specified on Schedule 2 of all the issued and outstanding
shares of all classes of the Capital Stock of each such Foreign Subsidiary owned by such Pledgor.

 

    	 	27	 

     

    

 

4.3.2    [Reserved].

 

4.3.3    Such
Pledgor is the record and beneficial owner of, and has good title to, the Pledged Securities pledged by it hereunder, free of any
and all Liens securing Indebtedness owing to any other Person, except the security interest created by this Agreement and Liens
permitted by the Credit Agreement (including Permitted Liens).

 

4.3.4    Upon
the delivery to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional Agent, as
applicable, in accordance with any applicable Intercreditor Agreement, of the certificates evidencing the Pledged Securities held
by such Pledgor together with executed undated stock powers or other instruments of transfer, the security interest created by
this Agreement in such Pledged Securities constituting certificated securities, assuming the continuing possession of such Pledged
Securities by the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional Agent, as applicable,
in accordance with the applicable Intercreditor Agreement, will constitute a valid, perfected first priority (subject, in terms
of priority only, to the priority of the Liens of the Term Loan Agent, the applicable Collateral Representative and any Additional
Agent) security interest in such Pledged Securities to the extent provided in and governed by the Code, enforceable in accordance
with its terms against all creditors of such Pledgor and any Persons purporting to purchase such Pledged Securities from such Pledgor
to the extent provided in and governed by the Code, in each case subject to Liens permitted by the Credit Agreement (including
Permitted Liens) (and any applicable Intercreditor Agreement), and except as to enforcement, as may be limited by applicable domestic
or foreign bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting
creditors’ rights’ generally, general equitable principles (whether considered in a proceeding in equity or at law)
and an implied covenant of good faith and fair dealing.

 

4.3.5    Upon
the earlier of (x) (to the extent a security interest in uncertificated securities may be perfected by the filing of a financing
statement) the filing of the Financing Statements or of financing statements delivered pursuant to Subsection 7.9 of the
Credit Agreement in the relevant jurisdiction and (y) (to the extent a security interest in uncertificated securities may
be perfected by the obtaining and maintenance of “control” (as described in the Code)) the obtaining and maintenance
of “control” (as described in the Code) by the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative
or any Additional Agent (or their respective agents appointed for purposes of perfection), as applicable, in accordance with the
applicable Intercreditor Agreement, of all Pledged Securities that constitute uncertificated securities, the security interest
created by this Agreement in such Pledged Securities that constitute uncertificated securities, will constitute a valid, perfected
first priority (subject, in terms of priority only, to the priority of the Liens of the Term Loan Agent, the applicable Collateral
Representative and any Additional Agent) security interest in such Pledged Securities constituting uncertificated securities to
the extent provided in and governed by the Code, enforceable in accordance with its terms against all creditors of such Pledgor
and any persons purporting to purchase such Pledged Securities from such Pledgor, to the extent provided in and governed by the
Code, in each case subject to Liens permitted by the Credit Agreement (including Permitted Liens) (and any applicable Intercreditor
Agreement), and except as to enforcement, as may be limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent
conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights’ generally,
general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and
fair dealing.

 

    	 	28	 

     

    

 

4.3.6    Letter-of-Credit
Rights. Schedule 7 lists all Letter-of-Credit Rights not constituting Excluded Assets owned by any Grantor on the date
hereof.

 

Section
5

 

Covenants

 

5.1       Covenants
of Each Guarantor. Each Guarantor (other than the Borrowers) covenants and agrees with the Collateral Agent and the other
Secured Parties that, from and after the date of this Agreement until the earliest to occur of (i) the date upon which
the Loans, any Reimbursement Obligations and all other Obligations then due and owing shall have been paid in full in cash,
no Letter of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized or otherwise
provided for in a manner reasonably satisfactory to the applicable Issuing Lender) and the Commitments shall have terminated,
(ii) as to any such Guarantor (other than the Parent), a sale or other disposition of all the Capital Stock of such
Guarantor (other than to the Parent, a Borrower or a Subsidiary Guarantor), or any other transaction or occurrence as a
result of which such Guarantor ceases to be a Restricted Subsidiary of the Parent, in each case that is permitted under the
Credit Agreement or (iii) as to any such Guarantor (other than the Parent), such Guarantor being or becoming an
Excluded Subsidiary, such Guarantor shall take, or shall refrain from taking, as the case may be, each action that is
necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to
take such action or to refrain from taking such action by such Guarantor or any of its Restricted Subsidiaries.

 

5.2       Covenants
of Each Grantor. Each Grantor covenants and agrees with the Collateral Agent and the other Secured Parties that, from and
after the date of this Agreement until the earliest to occur of (i) the date upon which the Loans, any Reimbursement
Obligations and all other Obligations then due and owing shall have been paid in full in cash, no Letter of Credit shall be
outstanding (except for Letters of Credit that have been cash collateralized or otherwise provided for in a manner reasonably
satisfactory to the applicable Issuing Lender) and the Commitments shall have terminated, (ii) as to any such Grantor
(other than the Parent), a sale or other disposition of all the Capital Stock of such Grantor (other than to the Parent, a
Borrower or a Subsidiary Guarantor), or any other transaction or occurrence as a result of which such Grantor ceases to be a
Restricted Subsidiary of the Parent, in each case that is permitted under the Credit Agreement or (iii) as to any such
Grantor (other than the Parent), such Grantor being or becoming an Excluded Subsidiary:

 

    	 	29	 

     

    

 

 

5.2.1    Delivery
of Instruments and Chattel Paper. If any amount payable under or in connection with any of such Grantor’s Collateral
shall be or become evidenced by any Instrument or Chattel Paper, such Grantor shall (except as provided in the following sentence)
be entitled to retain possession of all Collateral of such Grantor evidenced by any Instrument or Chattel Paper, and shall hold
all such Collateral in trust for the Collateral Agent, for the benefit of the Secured Parties. In the event that an Event of Default
shall have occurred and be continuing, upon the request of the Collateral Agent, the Term Loan Agent, the applicable Collateral
Representative or any Additional Agent, as applicable, in accordance with any applicable Intercreditor Agreement, such Instrument
or Chattel Paper shall be promptly delivered to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative,
or any Additional Agent, as applicable, in accordance with any applicable Intercreditor Agreement, duly indorsed in a manner reasonably
satisfactory to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional Agent, as
applicable, in accordance with the applicable Intercreditor Agreement, to be held as Collateral pursuant to this Agreement. Such
Grantor shall not permit any other Person to possess any such Collateral at any time other than in connection with any sale or
other disposition of such Collateral in a transaction permitted by the Credit Agreement or as contemplated by the Intercreditor
Agreements.

 

5.2.2    [Reserved].

 

5.2.3    Payment
of Obligations. Such Grantor will pay and discharge or otherwise satisfy at or before maturity or before they become delinquent,
as the case may be, all material taxes, assessments and governmental charges or levies imposed upon such Grantor’s Collateral
or in respect of income or profits therefrom, as well as all material claims of any kind (including, without limitation, material
claims for labor, materials and supplies) against or with respect to such Grantor’s Collateral, except that no such tax,
assessment, charge, levy or claim need be paid, discharged or satisfied if the amount or validity thereof is currently being contested
in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books
of such Grantor and except to the extent that the failure to do so, in the aggregate, would not reasonably be expected to have
a Material Adverse Effect.

 

5.2.4    Maintenance
of Perfected Security Interest; Further Documentation. (a) Such Grantor shall use commercially reasonable efforts to maintain
the security interest created by this Agreement in such Grantor’s Collateral as a perfected security interest as and to the
extent described in Subsection 4.2.2 and to defend the security interest created by this Agreement in such Grantor’s
Collateral against the claims and demands of all Persons whomsoever (subject to the other provisions hereof).

 

(b)       Such
Grantor will furnish to the Collateral Agent from time to time statements and schedules further identifying and describing such
Grantor’s ABL Priority Collateral and such other reports in connection with such Grantor’s ABL Priority Collateral
as the Collateral Agent may reasonably request in writing, all in reasonable detail.

 

    	 	30	 

     

    

 

(c)       At
any time and from time to time, upon the written request of the Collateral Agent, and at the sole expense of such Grantor, such
Grantor will promptly and duly execute and deliver such further instruments and documents and take such further actions as the
Collateral Agent may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the
rights and powers herein granted by such Grantor, including, without limitation, the filing of any financing or continuation statements
under the Uniform Commercial Code (or other similar laws) as in effect from time to time in any United States jurisdiction with
respect to the security interests created hereby; provided that, notwithstanding any other provision of this Agreement or
any other Loan Document, neither the Parent nor any other Grantor will be required to (v) take any action in any jurisdiction
other than the United States of America, or required by the laws of any such non-U.S. jurisdiction, or enter into any security
agreement or pledge agreement governed by the laws of any such non-U.S. jurisdiction, in order to create any security interests
(or other Liens) in assets located or titled outside of the United States of America or to perfect any security interests (or other
Liens) in any Collateral, (w) deliver control agreements with respect to, or confer perfection by “control”
over, any deposit accounts, bank or securities account or other Collateral, except (A) as required by Subsection 4.16
of the Credit Agreement (or any corresponding provision of any Additional ABL Credit Facility) and (B) in the case of Security
Collateral that constitutes Capital Stock or Pledged Notes in certificated form, delivering such Capital Stock or Pledged Notes
to the Collateral Agent (or another Person as required under any applicable Intercreditor Agreement), (x) take any action
in order to perfect any security interests in any assets specifically requiring perfection through control (including cash, cash
equivalents, deposit accounts or securities accounts) (except, in each case, (A) as required by Subsection 4.16 of the Credit
Agreement (or any corresponding provision of any Additional ABL Credit Facility) and (B) to the extent consisting of proceeds
perfected automatically or by the filing of a financing statement under the Uniform Commercial Code of any applicable jurisdiction
or, in the case of Pledged Stock or Pledged Notes, by being held by the Collateral Agent or any Additional Agent as agent for the
Collateral Agent), (y) deliver landlord lien waivers, estoppels or collateral access letters or (z) file any
fixture filing with respect to any security interest in Fixtures affixed to or attached to any real property constituting Excluded
Assets.

 

(d)       The
Collateral Agent may grant extensions of time for the creation and perfection of security interests in, or obtaining a delivery
of documents or other deliverables with respect to, particular assets of any Grantor where it determines that such action cannot
be accomplished without undue effort or expense by the time or times at which it would otherwise be required to be accomplished
by this Agreement or any other Security Documents.

 

5.2.5     Changes
in Name, Jurisdiction of Organization, etc. Such Grantor will give prompt written notice to the Collateral Agent of any change
in its name, legal form or jurisdiction of organization (whether by merger or otherwise) (and in any event within 30 days of such
change); provided that, promptly thereafter such Grantor shall deliver to the Collateral Agent all additional financing statements
and other documents reasonably necessary to maintain the validity, perfection and priority of the security interests created hereunder
and other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security
interests as and to the extent provided for herein and upon receipt of such additional financing statements the Collateral Agent
shall either promptly file such additional financing statements or approve the filing of such additional financing statements by
such Grantor. Upon any such approval such Grantor shall proceed with the filing of the additional financing statements and deliver
copies (or other evidence of filing) of the additional filed financing statements to the Collateral Agent.

 

    	 	31	 

     

    

 

5.2.6    [Reserved].

 

5.2.7    Pledged
Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this
Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it,
(ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection
5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7
shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c)
or 6.7 with respect to the Pledged Stock issued by it.

 

5.2.8    Accounts
Receivable. (a) With respect to Accounts Receivable constituting ABL Priority Collateral, such Grantor will not, other than
in the ordinary course of business or as permitted by the Loan Documents, (i) grant any extension of the time of payment
of any of such Grantor’s Accounts Receivable, (ii) compromise or settle any such Accounts Receivable for less than
the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any such Accounts Receivable,
(iv) allow any credit or discount whatsoever on any such Accounts Receivable, (v) amend, supplement or modify any
such Accounts Receivable, unless such extensions, compromises, settlements, releases, credits, discounts, amendments, supplements
or modifications would not reasonably be expected to materially adversely affect the value of the Accounts Receivable constituting
ABL Priority Collateral taken as a whole or (vi) evidence any Accounts Receivable by an Instrument as Chattel Paper.

 

(b)       Such
Grantor will deliver to the Collateral Agent a copy of each material demand, notice or document received by it from any obligor
under the Accounts Receivable constituting ABL Priority Collateral that disputes the validity or enforceability of more than 5%
of the aggregate amount of the then outstanding Accounts Receivable constituting ABL Priority Collateral.

 

5.2.9    Maintenance
of Records. Such Grantor will keep and maintain at its own cost and expense reasonably satisfactory and complete records in
all material respects of its Collateral, including, without limitation, a record of all payments received and all credits granted
with respect to such Collateral; provided that with respect to the Term Loan Priority Collateral, the satisfactory maintenance
of such records shall be determined in good faith by such Grantor or the Borrower.

 

    	 	32	 

     

    

 

5.2.10   Acquisition
of Intellectual Property. Concurrently with the delivery of the annual Compliance Certificate pursuant to Subsection 7.2(a)
of the Credit Agreement, the Borrower Representative will notify the Collateral Agent of any acquisition by the Grantors of (i)
any registration of any United States Copyright, Patent or Trademark, in each case, material to the business of the Parent and
its Restricted Subsidiaries, taken as a whole, or (ii) any exclusive rights under a United States Copyright License, Patent
License or Trademark License, in each case, material to the business of the Parent and its Restricted Subsidiaries, taken as a
whole, constituting Collateral, and each applicable Grantor shall take such actions as may be reasonably requested by the Collateral
Agent (but only to the extent such actions are within such Grantor’s control) to perfect the security interest granted to
the Collateral Agent and the other Secured Parties therein, to the extent provided herein in respect of any United States Copyright,
Patent or Trademark constituting Collateral, by (x) the execution and delivery of an amendment or supplement to this Agreement
(or amendments to any such agreement previously executed or delivered by such Grantor) and/or (y) the making of appropriate
filings (I) of financing statements under the Uniform Commercial Code as in effect from time to time in any applicable jurisdiction
and/or (II) in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright Licenses, the
United States Copyright Office).

 

5.2.11  [Reserved].

 

5.2.12  Commercial
Tort Actions. All Commercial Tort Actions of each Grantor in existence on the date of this Agreement, known to such Grantor
on the date hereof, are described in Schedule 6 hereto. Concurrently with the delivery of the annual Compliance Certificate
pursuant to Subsection 7.2(a) of the Credit Agreement, the Borrower Representative will notify the Collateral Agent of any
acquisition by the Grantors of any Commercial Tort Action and describe the details thereof, and each applicable Grantor shall take
such actions as may be reasonably requested by the Collateral Agent to grant to the Collateral Agent a security interest in such
Commercial Tort Action and in the proceeds thereof, all upon and subject to the terms of this Agreement..

 

5.2.13  Deposit
Accounts; Etc. Such Grantor shall take, or refrain from taking, as the case may be, each action that is necessary to be taken
or not taken, as the case may be, so that no breach of Subsection 4.16 of the Credit Agreement is caused by the failure
to take such action or to refrain from taking such action by such Grantor or any of its Subsidiaries.

 

5.2.14  Protection
of Trademarks. Such Grantor shall, with respect to any Trademarks that are material to the business of the Parent and its Restricted
Subsidiaries, taken as a whole, use commercially reasonable efforts not to cease the use of any of such Trademarks or fail to maintain
the level of the quality of products sold and services rendered under any of such Trademarks at a level at least substantially
consistent with the quality of such products and services as of the date hereof, and shall use commercially reasonable efforts
to take all steps reasonably necessary to ensure that licensees of such Trademarks use such consistent standards of quality, in
each case, except as would not reasonably be expected to have a Material Adverse Effect.

 

5.2.15  Protection
of Intellectual Property. Subject to and except as permitted by the Credit Agreement, such Grantor shall use commercially reasonable
efforts not to do any act or omit to do any act whereby any of the Intellectual Property that is material to the business of the
Parent and its Restricted Subsidiaries, taken as a whole, may lapse, expire, or become abandoned, or unenforceable, in each case,
except as would not reasonably be expected to have a Material Adverse Effect.

 

    	 	33	 

     

    

 

5.2.16  Assignment
of Letter-of-Credit Rights. In the case of any Letter-of-Credit Rights of any Grantor not constituting Excluded Assets acquired
following the Closing Date and constituting ABL Priority Collateral, such Grantor shall use its commercially reasonable efforts
to promptly obtain the consent of the issuer thereof and any nominated person thereon to the assignment of the proceeds of the
related letter of credit in accordance with Section 5-114(c) of the Code.

 

5.3       Covenants
of Each Pledgor. Each Pledgor covenants and agrees with the Collateral Agent and the other Secured Parties that, from and
after the date of this Agreement until the earlier to occur of (i) the Loans, any Reimbursement Obligations and all
other Obligations then due and owing shall have been paid in full in cash, no Letter of Credit shall be outstanding (except
for Letters of Credit that have been cash collateralized or otherwise provided for in a manner reasonably satisfactory to
each applicable Issuing Lender) and the Commitments shall have terminated, (ii) as to any Pledgor (other than the
Parent), a sale or other disposition of all the Capital Stock of such Pledgor (other than to the Parent, a Borrower or a
Subsidiary Guarantor), or any other transaction or occurrence as a result of which such Pledgor ceases to be a Restricted
Subsidiary of the Parent, in each case that is permitted under the Credit Agreement or (iii) as to any Pledgor (other
than the Parent), such Pledgor being or becoming an Excluded Subsidiary:

 

    	 	34	 

     

    

 

 

5.3.1    Additional
Shares. If such Pledgor shall, as a result of its ownership of its Pledged Stock, become entitled to receive or shall receive
any stock certificate (including, without limitation, any stock certificate representing a stock dividend or a distribution in
connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization),
stock option or similar rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a
conversion of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof, such Pledgor shall accept
the same as the agent of the Collateral Agent and the other Secured Parties, hold the same in trust for the Collateral Agent and
the other Secured Parties and deliver the same forthwith to the Collateral Agent (who will hold the same on behalf of the Secured
Parties) or the Term Loan Agent, any applicable Collateral Representative or any Additional Agent, as applicable, in accordance
with the applicable Intercreditor Agreement, in the exact form received, duly indorsed by such Pledgor to the Collateral Agent,
the Term Loan Agent, any applicable Collateral Representative or any Additional Agent, as applicable, in accordance with the applicable
Intercreditor Agreement, if required, together with an undated stock power covering such certificate duly executed in blank by
such Grantor, to be held by the Collateral Agent, the Term Loan Agent, any applicable Collateral Representative or any Additional
Agent, as applicable, in accordance with the applicable Intercreditor Agreement, subject to the terms hereof, as additional collateral
security for the Obligations (subject to Subsection 3.3 and provided that in no event shall there be pledged, nor
shall any Pledgor be required to pledge, more than 65% of any series of outstanding Capital Stock (including for these purposes
any investment deemed to be Capital Stock for United States tax purposes) of any Foreign Subsidiary pursuant to this Agreement).
If an Event of Default shall have occurred and be continuing, any sums paid upon or in respect of the Pledged Stock upon the liquidation
or dissolution of any Issuer (except any liquidation or dissolution of any Subsidiary of the Parent in accordance with the Credit
Agreement) shall be paid over to the Collateral Agent, the Term Loan Agent, any applicable Collateral Representative, or any Additional
Agent, as applicable, in accordance with the applicable Intercreditor Agreement to be held by the Collateral Agent, the Term Loan
Agent, any applicable Collateral Representative, or any Additional Agent, as applicable, in accordance with the applicable Intercreditor
Agreement subject to the terms hereof as additional collateral security for the Obligations, and in case any distribution of capital
shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock
pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the
property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Collateral Agent, be delivered
to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional Agent, as applicable,
in accordance with the applicable Intercreditor Agreement, to be held by the Collateral Agent, the Term Loan Agent, the applicable
Collateral Representative or any Additional Agent, as applicable, in accordance with the applicable Intercreditor Agreement, subject
to the terms hereof, as additional collateral security for the Obligations, in each case except as otherwise provided by the applicable
Intercreditor Agreement. If any sums of money or property so paid or distributed in respect of the Pledged Stock shall be received
by such Pledgor, such Pledgor shall, until such money or property is paid or delivered to the Collateral Agent, the Term Loan Agent,
the applicable Collateral Representative or any Additional Agent, as applicable, in accordance with the applicable Intercreditor
Agreement hold such money or property in trust for the Secured Parties, segregated from other funds of such Pledgor, as additional
collateral security for the Obligations.

 

    	 	35	 

     

    

 

5.3.2    [Reserved].

 

5.3.3    Pledged
Notes. (a) Each Pledgor party hereto as of the date of this Agreement shall deliver to the Collateral Agent or the Term Loan
Agent, in accordance with the ABL/Term Loan Intercreditor Agreement, all Pledged Notes then held by such Granting Party, endorsed
in blank or, at the request of the Collateral Agent, endorsed in blank or, at the request of the Collateral Agent, endorsed to
the Collateral Agent or the Term Loan Agent, in accordance with the ABL/Term Loan Intercreditor Agreement, within 90 days following
the date of this Agreement, plus any extensions granted by the Collateral Agent or the Term Loan Agent, as applicable, in its sole
discretion.

 

(b)       Each
Pledgor which becomes a party hereto after the Closing Date pursuant to Subsection 9.15 shall deliver to the Collateral
Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional Agent, as applicable, in accordance with
each applicable Intercreditor Agreement, all Pledged Notes then held by such Pledgor, endorsed in blank or, at the request of the
Collateral Agent, endorsed to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any Additional
Agent, as applicable, in accordance with each applicable Intercreditor Agreement. Furthermore, within 10 Business Days (or such
longer period as may be agreed by the Collateral Agent in its sole discretion) after any Pledgor obtains a Pledged Note, such Pledgor
shall cause such Pledged Note to be delivered to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative
or any Additional Agent, as applicable, in accordance with any applicable Intercreditor Agreement, endorsed in blank or, at the
request of the Collateral Agent, the Term Loan Agent, any applicable Collateral Representative or any Additional Agent, as applicable,
in accordance with the applicable Intercreditor Agreement, endorsed to the Collateral Agent, the Term Loan Agent, any applicable
Collateral Representative or any Additional Agent, as applicable, in accordance with the applicable Intercreditor Agreement.

 

    	 	36	 

     

    

 

5.3.4    Maintenance
of Security Interest. (a) Such Pledgor shall use commercially reasonable efforts to defend the security interest created by
this Agreement in such Pledgor’s Pledged Collateral against the claims and demands of all Persons whomsoever. At any time
and from time to time, upon the written request of the Collateral Agent and at the sole expense of such Pledgor, such Pledgor will
promptly and duly execute and deliver such further instruments and documents and take such further actions as the Collateral Agent
may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and of the rights and powers
herein granted by such Pledgor; provided that notwithstanding any other provision of this Agreement or any other Loan Documents,
neither the Parent nor any other Pledgor will be required to (v) take any action in any jurisdiction other than the United
States of America, or required by the laws of any such non-U.S. jurisdiction or enter into any security agreement or pledge agreement
governed by the laws of any such non-U.S. jurisdiction, in order to create any security interests (or other Liens) in assets located
or titled outside of the United States of America or to perfect any security interests (or other Liens) in any Collateral, (w)
deliver control agreements with respect to, or confer perfection by “control” over, any deposit accounts, bank or securities
account or other Collateral, except (A) as required by Subsection 4.16 of the Credit Agreement (or any corresponding
provision of any Additional ABL Credit Facility) and (B) in the case of Security Collateral that constitutes Capital Stock
or Pledged Notes in certificated form, delivering such Capital Stock or Pledged Notes to the Collateral Agent (or another Person
as required under any Intercreditor Agreement), (x) take any action in order to perfect any security interests in any assets
specifically requiring perfection through control (including cash, cash equivalents, deposit accounts or securities accounts) (except
(A) as required by Subsection 4.16 of the Credit Agreement (or any corresponding provision of any Additional ABL
Credit Facility) and (B) in each case, to the extent consisting of proceeds perfected automatically or by the filing of
a financing statement under the Uniform Commercial Code of any applicable jurisdiction or, in the case of Pledged Stock or Pledged
Notes, by being held by the Collateral Agent or an Additional Agent as agent for the Collateral Agent), (y) deliver
landlord lien waivers, estoppels or collateral access letters or (z) file any fixture filing with respect to any security
interest in Fixtures affixed to or attached to any real property constituting Excluded Assets.

 

(b)       The
Collateral Agent may grant extensions of time for the creation and perfection of security interests in, or obtaining or delivery
of documents or other deliverables with respect to, particular assets of any Pledgor where it determines that such action cannot
be accomplished without undue effort or expense by the time or times at which it would otherwise be required to be accomplished
by this Agreement or any other Security Documents.

 

    	 	37	 

     

    

 

Section
6

 

Remedial Provisions

 

6.1       Certain
Matters Relating to Accounts. (a) At any time and from time to time after the occurrence and during the continuance of an
Event of Default, subject to any applicable Intercreditor Agreement, the Collateral Agent shall have the right to make test
verifications of the Accounts Receivable constituting Collateral in any reasonable manner and through any reasonable medium
that it reasonably considers advisable, and the relevant Grantor shall furnish all such assistance and information as the
Collateral Agent may reasonably require in connection with such test verifications. At any time and from time to time after
the occurrence and during the continuance of an Event of Default, subject to any applicable Intercreditor Agreement, upon the
Collateral Agent’s reasonable request and at the expense of the relevant Grantor, such Grantor shall cause independent
public accountants or others reasonably satisfactory to the Collateral Agent to furnish to the Collateral Agent reports
showing reconciliations, aging and test verifications of, and trial balances for, the Accounts Receivable constituting
Collateral.

 

(b)       The
Collateral Agent hereby authorizes each Grantor to collect such Grantor’s Accounts Receivable constituting Collateral and
the Collateral Agent may curtail or terminate said authority at any time, without limiting the Collateral Agent’s rights
under Subsection 4.16 of the Credit Agreement, after the occurrence and during the continuance of an Event of Default specified
in Subsection 9.1(a) of the Credit Agreement, subject to any applicable Intercreditor Agreement. If required by the Collateral
Agent at any time, without limiting the Collateral Agent’s rights under Subsection 4.16 of the Credit Agreement, after
the occurrence and during the continuance of an Event of Default specified in Subsection 9.1(a) of the Credit Agreement,
subject to any applicable Intercreditor Agreement, any Proceeds constituting payments or other cash proceeds of Accounts Receivable
constituting Collateral, when collected by such Grantor, (i) shall be forthwith (and, in any event, within 2 Business Days
of receipt by such Grantor) deposited in, or otherwise transferred by such Grantor to, the Collateral Proceeds Account, subject
to withdrawal by the Collateral Agent for the account of the Secured Parties only as provided in Subsection 6.5, and (ii)
until so turned over, shall be held by such Grantor in trust for the Collateral Agent and the other Secured Parties, segregated
from other funds of such Grantor. All Proceeds constituting collections or other cash proceeds of Accounts Receivable constituting
Collateral while held by the Collateral Account Bank (or by any Grantor in trust for the benefit of the Collateral Agent and the
other Secured Parties) shall continue to be collateral security for all of the Obligations and shall not constitute payment thereof
until applied as hereinafter provided. At any time when an Event of Default specified in Subsection 9.1(a) of the Credit
Agreement has occurred and is continuing, subject to any applicable Intercreditor Agreement, at the Collateral Agent’s election,
each of the Collateral Agent and the Administrative Agent may apply all or any part of the funds on deposit in the Collateral Proceeds
Account established by the relevant Grantor to the payment of the Obligations of such Grantor then due and owing, such application
to be made as set forth in Subsection 6.5. So long as no Event of Default has occurred and is continuing, the funds on deposit
in the Collateral Proceeds Account shall be remitted as provided in Subsection 6.1(d).

 

    	 	38	 

     

    

 

(c)       At
any time and from time to time after the occurrence and during the continuance of an Event of Default specified in Subsection
9.1(a) of the Credit Agreement, subject to each applicable Intercreditor Agreement, at the Collateral Agent’s request,
each Grantor shall deliver to the Collateral Agent copies or, if required by the Collateral Agent for the enforcement thereof or
foreclosure thereon, originals of all documents held by such Grantor evidencing, and relating to, the agreements and transactions
which gave rise to such Grantor’s Accounts Receivable constituting Collateral, including, without limitation, all statements
relating to such Grantor’s Accounts Receivable constituting Collateral and all orders, invoices and shipping receipts related
thereto.

 

(d)       So
long as no Event of Default has occurred and is continuing, subject to each applicable Intercreditor Agreement, the Collateral
Agent shall instruct the Collateral Account Bank to promptly remit any funds on deposit in each Grantor’s Collateral Proceeds
Account to a Blocked Account of such Grantor or any other account designated by such Grantor. In the event that an Event of Default
has occurred and is continuing, subject to each applicable Intercreditor Agreement, the Collateral Agent, at its option, may require
that each Collateral Proceeds Account of each Grantor be established at the Collateral Agent or at another institution reasonably
acceptable to the Collateral Agent. Subject to Subsection 4.16 of the Credit Agreement, each Grantor shall have the right,
at any time and from time to time, to withdraw such of its own funds from its own Blocked Accounts, and to maintain such balances
in its Blocked Accounts, as it shall deem to be necessary or desirable.

 

6.2       Communications
with Obligors; Grantors Remain Liable. (a) The Collateral Agent in its own name or in the name of others, may at any time
and from time to time after the occurrence and during the continuance of an Event of Default specified in Subsection
9.1(a) of the Credit Agreement, subject to each applicable Intercreditor Agreement, communicate with obligors under the
Accounts Receivable constituting Security Collateral and parties to the Contracts (in each case, to the extent constituting
Collateral) to verify with them to the Collateral Agent’s satisfaction the existence, amount and terms of any Accounts
Receivable or Contracts.

 

(b)       Upon
the request of the Collateral Agent at any time after the occurrence and during the continuance of an Event of Default specified
in Subsection 9.1(a) of the Credit Agreement, subject to each applicable Intercreditor Agreement, each Grantor shall notify
obligors on such Grantor’s Accounts Receivable and parties to such Grantor’s Contracts (in each case, to the extent
constituting Collateral) that such Accounts Receivable and such Contracts have been assigned to the Collateral Agent, for the benefit
of the Secured Parties, and that payments in respect thereof shall be made directly to the Collateral Agent.

 

    	 	39	 

     

    

 

(c)       Anything
herein to the contrary notwithstanding, each Grantor shall remain liable under each of such Grantor’s Accounts Receivable
to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with
the terms of any agreement giving rise thereto. None of the Collateral Agent, the Administrative Agent or any other Secured Party
shall have any obligation or liability under any Accounts Receivable (or any agreement giving rise thereto) by reason of or arising
out of this Agreement or the receipt by the Collateral Agent or any other Secured Party of any payment relating thereto, nor shall
the Collateral Agent or any other Secured Party be obligated in any manner to perform any of the obligations of any Grantor under
or pursuant to any Accounts Receivable (or any agreement giving rise thereto) to make any payment, to make any inquiry as to the
nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to
present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts that may have
been assigned to it or to which it may be entitled at any time or times.

 

6.3       Pledged
Stock. (a) Unless an Event of Default shall have occurred and be continuing and the Collateral Agent shall have given
notice to the relevant Pledgor of the Collateral Agent’s intent to exercise its corresponding rights pursuant to Subsection
6.3(b), each Pledgor shall be permitted to receive all cash dividends and distributions paid in respect of the Pledged
Stock and all payments made in respect of the Pledged Notes and to exercise all voting and corporate rights with respect to
the Pledged Stock.

 

(b)       Subject
to each applicable Intercreditor Agreement, if an Event of Default shall occur and be continuing and the Collateral Agent shall
give written notice of its intent to exercise such rights to the relevant Pledgor or Pledgors (i) the Collateral Agent shall
have the right to receive any and all cash dividends, payments or other Proceeds paid in respect of the Pledged Stock and make
application thereof to the Obligations of the relevant Pledgor as provided in the Credit Agreement consistent with Subsection
6.5, and (ii) any or all of the Pledged Stock shall be registered in the name of the Collateral Agent or its nominee,
and the Collateral Agent or its nominee may thereafter exercise (x) all voting, corporate and other rights pertaining to
such Pledged Stock at any meeting of shareholders of the relevant Issuer or Issuers or otherwise and (y) any and all rights
of conversion, exchange, subscription and any other rights, privileges or options pertaining to such Pledged Stock as if it were
the absolute owner thereof (including, without limitation, the right to exchange at its discretion any and all of the Pledged Stock
upon the merger, consolidation, reorganization, recapitalization or other fundamental change in the corporate structure of any
Issuer, or upon the exercise by the relevant Pledgor or the Collateral Agent, of any right, privilege or option pertaining to such
Pledged Stock, and in connection therewith, the right to deposit and deliver any and all of the Pledged Stock with any committee,
depositary, transfer agent, registrar or other designated agency upon such terms and conditions as the Collateral Agent may reasonably
determine), all without liability to the maximum extent permitted by applicable law (other than for its gross negligence or willful
misconduct) except to account for property actually received by it, but the Collateral Agent shall have no duty, to any Pledgor
to exercise any such right, privilege or option and shall not be responsible for any failure to do so or delay in so doing, provided
that the Collateral Agent shall not exercise any voting or other consensual rights pertaining to the Pledged Stock in any way that
would constitute an exercise of the remedies described in Subsection 6.6 other than in accordance with Subsection 6.6.

 

(c)       Each
Pledgor hereby authorizes and instructs each Issuer or maker of any Pledged Securities pledged by such Pledgor hereunder to, subject
to each applicable Intercreditor Agreement, (i) comply with any instruction received by it from the Collateral Agent in
writing with respect to Capital Stock in such Issuer that (x) states that an Event of Default has occurred and is continuing
and (y) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from such
Pledgor, and each Pledgor agrees that each Issuer or maker shall be fully protected in so complying, and (ii) unless otherwise
expressly permitted hereby, pay any dividends or other payments with respect to the Pledged Securities directly to the Collateral
Agent.

 

    	 	40	 

     

    

 

6.4       Proceeds
to Be Turned Over to the Collateral Agent. In addition to the rights of the Collateral Agent specified in Subsection
6.1 with respect to payments of Accounts Receivable constituting Collateral, subject to each applicable Intercreditor
Agreement, if an Event of Default shall occur and be continuing, and the Collateral Agent shall have instructed any Grantor
to do so, all Proceeds of Security Collateral received by such Grantor consisting of cash, checks and other Cash Equivalent
items shall be held by such Grantor in trust for the Collateral Agent and the other Secured Parties hereto, or the Term Loan
Agent and the other Term Loan Secured Parties or any Additional Agent and the other applicable Additional Secured Parties (as
defined in the applicable Intercreditor Agreement), or the applicable Collateral Representative, as applicable, in accordance
with the terms of each applicable Intercreditor Agreement, segregated from other funds of such Grantor, and shall, forthwith
upon receipt by such Grantor, be turned over to the Collateral Agent, or the Term Loan Agent, the applicable Collateral
Representative or any Additional Agent, as applicable (or their respective agents appointed for purposes of perfection), in
accordance with the terms of the applicable Intercreditor Agreement, in the exact form received by such Grantor (duly
indorsed by such Grantor to the Collateral Agent, the Term Loan Agent, the applicable Collateral Representative or any
Additional Agent, as applicable, in accordance with the terms of each applicable Intercreditor Agreement, if required). All
Proceeds of Security Collateral received by the Collateral Agent hereunder shall be held by the Collateral Agent in the
relevant Collateral Proceeds Account maintained under its sole dominion and control, subject to each applicable Intercreditor
Agreement. All Proceeds of Security Collateral while held by the Collateral Agent in such Collateral Proceeds Account (or by
the relevant Grantor in trust for the Collateral Agent and the other Secured Parties) shall continue to be held as collateral
security for all the Obligations of such Grantor and shall not constitute payment thereof until applied as provided in Subsection 6.5
and each applicable Intercreditor Agreement.

 

6.5       Application
of Proceeds. It is agreed that if an Event of Default shall occur and be continuing, any and all Proceeds of the relevant
Granting Party’s Security Collateral received by the Collateral Agent (whether from the relevant Granting Party or
otherwise) shall be held by the Collateral Agent for the benefit of the Secured Parties as collateral security for the
Obligations of the relevant Granting Party (whether matured or unmatured), and/or then or at any time thereafter may, in the
sole discretion of the Collateral Agent, subject to each applicable Intercreditor Agreement, be applied by the Collateral
Agent against the Obligations of the relevant Granting Party then due and owing in the order of priority set forth in Subsection
10.15 of the Credit Agreement.

 

    	 	41	 

     

    

 

6.6       Code
and Other Remedies. Subject to each applicable Intercreditor Agreement, if an Event of Default shall occur and be
continuing, the Collateral Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and
remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to the
Obligations to the extent permitted by applicable law, all rights and remedies of a secured party under the Code and under
any other applicable law and in equity. Without limiting the generality of the foregoing, to the extent permitted by
applicable law and subject to each applicable Intercreditor Agreement, the Collateral Agent, without demand of performance or
other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below)
to or upon any Granting Party or any other Person (all and each of which demands, defenses, advertisements and notices are
hereby waived), may in such circumstances, forthwith collect, receive, appropriate and realize upon the Security Collateral,
or any part thereof, and/or may forthwith, subject to any existing reserved rights or licenses, sell, lease, assign, give
option or options to purchase, or otherwise dispose of and deliver the Security Collateral or any part thereof (or contract
to do any of the foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker’s board
or office of the Collateral Agent or any other Secured Party or elsewhere upon such terms and conditions as it may deem
advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any
credit risk. To the extent permitted by law and subject to each applicable Intercreditor Agreement, the Collateral Agent or
any other Secured Party shall have the right, upon any such sale or sales, to purchase the whole or any part of the Security
Collateral so sold, free of any right or equity of redemption in such Granting Party, which right or equity is hereby waived
and released. Each Granting Party further agrees, at the Collateral Agent’s request (subject to each applicable
Intercreditor Agreement), to assemble the Security Collateral and make it available to the Collateral Agent at places which
the Collateral Agent shall reasonably select, whether at such Granting Party’s premises or elsewhere. The Collateral
Agent shall apply the net proceeds of any action taken by it pursuant to this Subsection 6.6, after deducting all
reasonable costs and expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of
any of the Security Collateral or in any way relating to the Security Collateral or the rights of the Collateral Agent and
the other Secured Parties hereunder, including, without limitation, reasonable attorneys’ fees and disbursements, to
the payment in whole or in part of the Obligations of the relevant Granting Party then due and owing, in the order of
priority specified in Subsection 6.5, and only after such application and after the payment by the Collateral Agent of
any other amount required by any provision of law, including, without limitation, Section 9-615(a)(3) of the Code, need the
Collateral Agent account for the surplus, if any, to such Granting Party. To the extent permitted by applicable law, (i) such
Granting Party waives all claims, damages and demands it may acquire against the Collateral Agent or any other Secured Party
arising out of the repossession, retention or sale of the Security Collateral, other than any such claims, damages and
demands that may arise from the gross negligence or willful misconduct of any of the Collateral Agent or such other Secured
Party, and (ii) if any notice of a proposed sale or other disposition of Security Collateral shall be required by law, such
notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition.

 

    	 	42	 

     

    

 

6.7       Registration
Rights. (a) Subject to each applicable Intercreditor Agreement, if the Collateral Agent shall determine to exercise its
right to sell any or all of the Pledged Stock pursuant to Subsection 6.6, and if in the reasonable opinion of the
Collateral Agent it is necessary or reasonably advisable to have the Pledged Stock, or that portion thereof to be sold,
registered under the provisions of the Securities Act, the relevant Pledgor will use its reasonable best efforts to cause the
Issuer thereof to (i) execute and deliver, and use its reasonable best efforts to cause the directors and
officers of such Issuer to execute and deliver, all such instruments and documents, and do or cause to be done all such other
acts as may be, in the reasonable opinion of the Collateral Agent, necessary or advisable to register such Pledged Stock, or
that portion thereof to be sold, under the provisions of the Securities Act, (ii) use its reasonable best efforts to
cause the registration statement relating thereto to become effective and to remain effective for a period of not more than
one year from the date of the first public offering of such Pledged Stock, or that portion thereof to be sold, and
(iii) make all amendments thereto and/or to the related prospectus which, in the reasonable opinion of the Collateral
Agent, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and
regulations of the Securities and Exchange Commission applicable thereto. Such Pledgor agrees to use its reasonable best
efforts to cause such Issuer to comply with the provisions of the securities or “Blue Sky” laws of any and all
states and the District of Columbia that the Collateral Agent shall reasonably designate and to make available to its
security holders, as soon as practicable, an earnings statement (which need not be audited) that will satisfy the provisions
of Section 11(a) of the Securities Act.

 

(b)       Such
Pledgor recognizes that the Collateral Agent may be unable to effect a public sale of any or all such Pledged Stock, by reason
of certain prohibitions contained in the Securities Act and applicable state securities laws or otherwise, and may be compelled
to resort to one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among other
things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof.
Such Pledgor acknowledges and agrees that any such private sale may result in prices and other terms less favorable than if such
sale were a public sale and, notwithstanding such circumstances, to the extent permitted by applicable law, agrees that any such
private sale shall be deemed to have been made in a commercially reasonable manner. The Collateral Agent shall not be under any
obligation to delay a sale of any of the Pledged Stock for the period of time necessary to permit the Issuer thereof to register
such securities for public sale under the Securities Act, or under applicable state securities laws, even if such Issuer would
agree to do so.

 

(c)       Such
Pledgor agrees to use its reasonable best efforts to do or cause to be done all such other acts as may be necessary to make such
sale or sales of all or any portion of such Pledged Stock pursuant to this Subsection 6.7 valid and binding and in compliance
with any and all other applicable Requirements of Law. Such Pledgor further agrees that a breach of any of the covenants contained
in this Subsection 6.7 will cause irreparable injury to the Collateral Agent and the Lenders, that the Collateral Agent
and the Lenders have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained
in this Subsection 6.7 shall be specifically enforceable against such Pledgor, and to the extent permitted by applicable
law, such Pledgor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants
(except for a defense that no Event of Default has occurred or is continuing under the Credit Agreement).

 

6.8       Waiver;
Deficiency. Each Granting Party shall remain liable for any deficiency if the proceeds of any sale or other disposition
of the Security Collateral are insufficient to pay in full, the Loans, Reimbursement Obligations constituting Obligations of
such Granting Party and, to the extent then due and owing, all other Obligations of such Granting Party and the reasonable
fees and disbursements of any attorneys employed by the Collateral Agent or any other Secured Party to collect such
deficiency.

 

    	 	43	 

     

    

 

Section
7

 

The Collateral Agent

 

7.1       Collateral
Agent’s Appointment as Attorney-in-Fact, etc. (a) Each Granting Party hereby irrevocably constitutes and appoints the
Collateral Agent and any authorized officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact
with full irrevocable power and authority in the place and stead of such Granting Party and in the name of such Granting Party
or in its own name, for the purpose of carrying out the terms of this Agreement, to take any and all appropriate action and to
execute any and all documents and instruments that may be reasonably necessary or desirable to accomplish the purposes of this
Agreement to the extent permitted by applicable law, provided that the Collateral Agent agrees not to exercise such power
except upon the occurrence and during the continuance of any Event of Default, and in accordance with and subject to each applicable
Intercreditor Agreement. Without limiting the generality of the foregoing, at any time when an Event of Default has occurred and
is continuing (in each case to the extent permitted by applicable law and subject to each applicable Intercreditor Agreement),
(x) each Pledgor hereby gives the Collateral Agent the power and right, on behalf of such Pledgor, without notice or assent
by such Pledgor, to execute, in connection with any sale provided for in Subsection 6.6 or 6.7, any endorsements,
assessments or other instruments of conveyance or transfer with respect to such Pledgor’s Pledged Collateral, and (y)
each Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by
such Grantor, to do any or all of the following:

 

(i)        in
the name of such Grantor or its own name, or otherwise, take possession of and indorse and collect any checks, drafts, notes, acceptances
or other instruments for the payment of moneys due under any Accounts Receivable of such Grantor that constitutes Collateral or
with respect to any other Collateral of such Grantor and file any claim or take any other action or institute any proceeding in
any court of law or equity or otherwise deemed appropriate by the Collateral Agent for the purpose of collecting any and all such
moneys due under any Accounts Receivable of such Grantor that constitutes Collateral or with respect to any other Collateral of
such Grantor whenever payable;

 

(ii)       in
the case of any Copyright, Patent, or Trademark constituting Collateral of such Grantor, execute and deliver any and all agreements,
instruments, documents and papers as the Collateral Agent may reasonably request to such Grantor to evidence the Collateral Agent’s
and the Lenders’ security interest in such Copyright, Patent, or Trademark and the goodwill and general intangibles of such
Grantor relating thereto or represented thereby, and such Grantor hereby consents to the non-exclusive royalty free use by the
Collateral Agent of any Copyright, Patent or Trademark owned by such Grantor included in the Collateral for the purposes of disposing
of any Collateral;

 

(iii)       pay
or discharge taxes and Liens, other than Liens permitted under this Agreement or the other Loan Documents, levied or placed on
the Collateral of such Grantor, effect any repairs or any insurance called for by the terms of this Agreement and pay all or any
part of the premiums therefor and the costs thereof; and

 

    	 	44	 

     

    

 

(iv)       (A)
direct any party liable for any payment under any of the Collateral of such Grantor to make payment of any and all moneys due or
to become due thereunder directly to the Collateral Agent or as the Collateral Agent shall direct; (B) ask or demand for,
collect, receive payment of and receipt for, any and all moneys, claims and other amounts due or to become due at any time in respect
of or arising out of any Collateral of such Grantor; (C) sign and indorse any invoices, freight or express bills, bills
of lading, storage or warehouse receipts, drafts against debtors, assignments, verifications, notices and other documents in connection
with any of the Collateral of such Grantor; (D) commence and prosecute any suits, actions or proceedings at law or
in equity in any court of competent jurisdiction to collect the Collateral of such Grantor or any portion thereof and to enforce
any other right in respect of any Collateral of such Grantor; (E) defend any suit, action or proceeding brought against
such Grantor with respect to any Collateral of such Grantor; (F) settle, compromise or adjust any such suit, action or proceeding
described in clause (E) above and, in connection therewith, to give such discharges or releases as the Collateral Agent may deem
appropriate; (G) subject to any existing reserved rights or licenses, assign any Copyright, Patent or Trademark constituting
Collateral of such Grantor (along with the goodwill of the business to which any such Copyright, Patent or Trademark pertains),
for such term or terms, on such conditions, and in such manner, as the Collateral Agent shall in its sole discretion determine;
and (H) generally, sell, transfer, pledge and make any agreement with respect to or otherwise deal with any of the Collateral
of such Grantor as fully and completely as though the Collateral Agent were the absolute owner thereof for all purposes, and do,
at the Collateral Agent’s option and such Grantor’s expense, at any time, or from time to time, all acts and things
which the Collateral Agent deems necessary to protect, preserve or realize upon the Collateral of such Grantor and the Collateral
Agent’s and the other Secured Parties’ security interests therein and to effect the intent of this Agreement, all as
fully and effectively as such Grantor might do.

 

(b)       The
reasonable expenses of the Collateral Agent incurred in connection with actions undertaken as provided in this Subsection 7.1,
together with interest thereon at a rate per annum equal to the rate per annum at which interest would then be payable on past
due ABR Loans that are Revolving Credit Loans under the Credit Agreement, from the date of payment by the Collateral Agent to the
date reimbursed by the relevant Granting Party, shall be payable by such Granting Party to the Collateral Agent on demand.

 

(c)       Each
Granting Party hereby ratifies all that said attorney shall lawfully do or cause to be done by virtue hereof. All powers, authorizations
and agencies contained in this Agreement are coupled with an interest and are irrevocable as to the relevant Granting Party until
this Agreement is terminated as to such Granting Party, and the security interests in the Security Collateral of such Granting
Party created hereby are released.

 

    	 	45	 

     

    

 

7.2       Duty
of Collateral Agent. The Collateral Agent’s sole duty with respect to the custody, safekeeping and physical
preservation of the Security Collateral in its possession, under Section 9-207 of the Code or otherwise, shall be to deal
with it in the same manner as the Collateral Agent deals with similar property for its own account. None of the Collateral
Agent or any other Secured Party nor any of their respective officers, directors, employees or agents shall be liable for
failure to demand, collect or realize upon any of the Security Collateral or for any delay in doing so or shall be under any
obligation to sell or otherwise dispose of any Security Collateral upon the request of any Granting Party or any other Person
or, except as otherwise provided herein, to take any other action whatsoever with regard to the Security Collateral or any
part thereof. The powers conferred on the Collateral Agent and the other Secured Parties hereunder are solely to protect the
Collateral Agent’s and the other Secured Parties’ interests in the Security Collateral and shall not impose any
duty upon the Collateral Agent or any other Secured Party to exercise any such powers. The Collateral Agent and the other
Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of such powers,
and to the maximum extent permitted by applicable law, neither they nor any of their officers, directors, employees or agents
shall be responsible to any Granting Party for any act or failure to act hereunder, except as otherwise provided herein or
for their own gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final and
non-appealable decision).

 

7.3       Financing
Statements. Pursuant to any applicable law, each Granting Party authorizes the Collateral Agent to file or record
financing statements and other filing or recording documents or instruments with respect to such Granting Party’s
Security Collateral without the signature of such Granting Party in such form and in such filing offices as the Collateral
Agent reasonably determines appropriate to perfect the security interests of the Collateral Agent under this Agreement. Each
Granting Party authorizes the Collateral Agent to use any collateral description reasonably determined by the Collateral
Agent, including, without limitation, the collateral description “all personal property” or “all
assets” or words of similar meaning in any such financing statements. The Collateral Agent agrees to use its
commercially reasonable efforts to notify the relevant Granting Party of any financing or continuation statement filed by it, provided
that any failure to give such notice shall not affect the validity or effectiveness of any such filing.

 

7.4       Authority
of Collateral Agent. Each Granting Party acknowledges that the rights and responsibilities of the Collateral Agent under
this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral
Agent of any option, voting right, request, judgment or other right or remedy provided for herein or resulting or arising out
of this Agreement or any amendment, supplement or other modification of this Agreement shall, as between the Collateral Agent
and the Secured Parties, be governed by the Credit Agreement and by such other agreements with respect thereto as may exist
from time to time among them, but, as between the Collateral Agent and the Granting Parties, the Collateral Agent shall be
conclusively presumed to be acting as agent for the Secured Parties with full and valid authority so to act or refrain from
acting, and no Granting Party shall be under any obligation, or entitlement, to make any inquiry respecting such
authority.

 

    	 	46	 

     

    

 

7.5       Right
of Inspection. Upon reasonable written advance notice to any Grantor and as often as may reasonably be desired, or at any
time and from time to time after the occurrence and during the continuation of an Event of Default, the Collateral Agent
shall have reasonable access during normal business hours to all the books, correspondence and records of such Grantor, and
the Collateral Agent and its representatives may examine the same, and to the extent reasonable take extracts therefrom and
make photocopies thereof, and such Grantor agrees to render to the Collateral Agent at such Grantor’s reasonable cost
and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and
its representatives shall also have the right, upon reasonable advance written notice to such Grantor subject to any lease
restrictions, to enter during normal business hours into and upon any premises owned, leased or operated by such Grantor
where any of such Grantor’s Inventory or Equipment is located for the purpose of inspecting the same, observing its use
or otherwise protecting its interests therein to the extent not inconsistent with the provisions of the Credit Agreement and
the other Loan Documents (and subject to each applicable Intercreditor Agreement). Notwithstanding anything to the contrary
in this Subsection 7.5, no Grantor will be required to disclose or permit the inspection or discussion of any
document, information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary
information, (ii) in respect of which disclosure to the Collateral Agent or any other Secured Party (or their
respective representatives) is prohibited by any Requirement of Law or any binding agreement or (iii) that is subject
to attorney client or similar privilege or constitutes attorney work product.

 

Section
8

 

Non-Lender Secured Parties

 

8.1       Rights
to Collateral. (a) The Non-Lender Secured Parties shall not have any right whatsoever to do any of the following:
(i) exercise any rights or remedies with respect to the Collateral (such term, as used in this Section 8,
having the meaning assigned to it in the Credit Agreement) or to direct the Collateral Agent to do the same, including,
without limitation, the right to (A) enforce any Liens or sell or otherwise foreclose on any portion of the
Collateral, (B) request any action, institute any proceedings, exercise any voting rights, give any instructions, make
any election, notify account debtors or make collections with respect to all or any portion of the Collateral or (C)
release any Granting Party under this Agreement or release any Collateral from the Liens of any Security Document or consent
to or otherwise approve any such release; (ii) demand, accept or obtain any Lien on any Collateral (except for Liens
arising under, and subject to the terms of, this Agreement); (iii) vote in any Bankruptcy Case or similar proceeding
in respect of the Parent, any Borrower or any of the Parent’s other Subsidiaries (any such proceeding, for purposes of
this clause (a), a “Bankruptcy”) with respect to, or take any other actions concerning the Collateral;
(iv) receive any proceeds from any sale, transfer or other disposition of any of the Collateral (except in accordance
with this Agreement); (v) oppose any sale, transfer or other disposition of the Collateral; (vi) object to any
debtor-in-possession financing in any Bankruptcy which is provided by one or more Lenders among others (including on a
priming basis under Section 364(d) of the Bankruptcy Code); (vii) object to the use of cash collateral in respect
of the Collateral in any Bankruptcy; or (viii) seek, or object to the Lenders or Agents seeking on an equal and
ratable basis, any adequate protection or relief from the automatic stay with respect to the Collateral in any
Bankruptcy.

 

    	 	47	 

     

    

 

(b)       Each
Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the other Security Documents, agrees that in
exercising rights and remedies with respect to the Collateral, the Collateral Agent and the Lenders, with the consent of the Collateral
Agent, may enforce the provisions of the Security Documents and exercise remedies thereunder and under any other Loan Documents
(or refrain from enforcing rights and exercising remedies), all in such order and in such manner as they may determine in the exercise
of their sole business judgment. Such exercise and enforcement shall include, without limitation, the rights to collect, sell,
dispose of or otherwise realize upon all or any part of the Collateral, to incur expenses in connection with such collection, sale,
disposition or other realization and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code
as in effect from time to time in any applicable jurisdiction. The Non-Lender Secured Parties by their acceptance of the benefits
of this Agreement and the other Security Documents hereby agree not to contest or otherwise challenge any such collection, sale,
disposition or other realization of or upon all or any of the Collateral. Whether or not a Bankruptcy Case has been commenced,
the Non-Lender Secured Parties shall be deemed to have consented to any sale or other disposition of any property, business or
assets of the Parent, any Borrower or any of the Parent’s other Subsidiaries and the release of any or all of the Collateral
from the Liens of any Security Document in connection therewith.

 

(c)       Notwithstanding
any provision of this Subsection 8.1, the Non-Lender Secured Parties shall be entitled subject to each applicable Intercreditor
Agreement to file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleadings (A) in order to prevent any Person from seeking to foreclose on the Collateral or supersede the Non-Lender Secured
Parties’ claim thereto or (B) in opposition to any motion, claim, adversary proceeding or other pleading made by any
Person objecting to or otherwise seeking the disallowance of the claims of the Non-Lender Secured Parties. Each Non-Lender Secured
Party, by its acceptance of the benefits of this Agreement, agrees to be bound by and to comply with each applicable Intercreditor
Agreement and authorizes the Collateral Agent to enter into the Intercreditor Agreements on its behalf.

 

(d)       Each
Non-Lender Secured Party, by its acceptance of the benefits of this Agreement, agrees that the Collateral Agent and the Lenders
may deal with the Collateral, including any exchange, taking or release of Collateral, may change or increase the amount of the
Borrower Obligations, the Parent Obligations and/or the Guarantor Obligations, and may release any Granting Party from its Obligations
hereunder, all without any liability or obligation (except as may be otherwise expressly provided herein) to the Non-Lender Secured
Parties.

 

8.2       Appointment
of Agent. Each Non-Lender Secured Party, by its acceptance of the benefits of this Agreement and the other Security
Documents, shall be deemed irrevocably to make, constitute and appoint the Collateral Agent, as agent under the Credit
Agreement (and all officers, employees or agents designated by the Collateral Agent) as such Person’s true and lawful
agent and attorney-in-fact, and in such capacity, the Collateral Agent shall have the right, with power of substitution for
the Non-Lender Secured Parties and in each such Person’s name or otherwise, to effectuate any sale, transfer or other
disposition of the Collateral. It is understood and agreed that the appointment of the Collateral Agent as the agent and
attorney-in-fact of the Non-Lender Secured Parties for the purposes set forth herein is coupled with an interest and is
irrevocable. It is understood and agreed that the Collateral Agent has appointed the Administrative Agent as its agent for
purposes of perfecting certain of the security interests created hereunder and for otherwise carrying out certain of its
obligations hereunder.

 

    	 	48	 

     

    

 

8.3       Waiver
of Claims. To the maximum extent permitted by law, each Non-Lender Secured Party waives any claim it might have against
the Collateral Agent or the Lenders with respect to, or arising out of, any action or failure to act or any error of
judgment, negligence, or mistake or oversight whatsoever on the part of the Collateral Agent or the Lenders or their
respective directors, officers, employees or agents with respect to any exercise of rights or remedies under the Loan
Documents or any transaction relating to the Collateral (including, without limitation, any such exercise described in Subsection
8.1(b)), except for any such action or failure to act that constitutes willful misconduct or gross negligence of such
Person. To the maximum extent permitted by applicable law, none of the Collateral Agent or any Lender or any of their
respective directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon any of the
Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon
the request of the Parent, any Subsidiary of the Parent, any Non-Lender Secured Party or any other Person or to take any
other action or forbear from doing so whatsoever with regard to the Collateral or any part thereof, except for any such
action or failure to act that constitutes willful misconduct or gross negligence of such Person.

 

8.4       Designation
of Non-Lender Secured Parties. The Parent may from time to time designate a Person as a “Bank Products
Provider,” a “Hedging Provider” or a “Management Credit Provider” hereunder by written notice
to the Collateral Agent. Upon being so designated by the Parent, such Bank Products Provider, Hedging Provider or Management
Credit Provider (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so
designated by the Parent; provided that, at the time of the Parent’s designation of such Non-Lender Secured
Party, the obligations of the relevant Grantor under the applicable Hedging Agreement, Bank Products Agreement or Management
Guarantee (as the case may be) have not been designated as Term Loan Obligations, Additional ABL Obligations or Additional
Term Obligations.

 

Section
9

Miscellaneous

 

9.1       Amendments
in Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified
except by a written instrument executed by each affected Granting Party and the Collateral Agent, provided that
(a) any provision of this Agreement imposing obligations on any Granting Party may be waived by the Collateral Agent in
a written instrument executed by the Collateral Agent and (b) if separately agreed in writing between the Parent and any
Non-Lender Secured Party (and such Non-Lender Secured Party has been designated in writing by the Parent to the Collateral
Agent for purposes of this sentence, for so long as so designated), no such waiver, amendment, supplement or modification
shall amend, modify or waive Subsection 6.5 (or the definition of “Non-Lender Secured Party” or
“Secured Party” to the extent relating thereto) if such waiver, amendment, supplement or modification would
directly and adversely affect a Non-Lender Secured Party without the written consent of such affected Non-Lender Secured
Party. For the avoidance of doubt, it is understood and agreed that any amendment, waiver, supplement or other modification
of or to any Intercreditor Agreement that would have the effect, directly or indirectly, through any reference herein to any
Intercreditor Agreement or otherwise, of waiving, amending, supplementing or otherwise modifying this Agreement, or any term
or provision hereof, or any right or obligation of any Granting Party hereunder or in respect hereof, shall not be given such
effect except pursuant to a written instrument executed by each affected Granting Party and the Collateral Agent in
accordance with this Subsection 9.1.

 

    	 	49	 

     

    

 

9.2       Notices.
All notices, requests and demands to or upon the Administrative Agent, the Collateral Agent or any Granting Party hereunder
shall be effected in the manner provided for in Subsection 11.2 of the Credit Agreement; provided that any such
notice, request or demand to or upon any Guarantor shall be addressed to such Guarantor at its notice address set forth on Schedule
1, unless and until such Guarantor shall change such address by notice to the Collateral Agent and the Administrative
Agent given in accordance with Subsection 11.2 of the Credit Agreement.

 

9.3       No
Waiver by Course of Conduct; Cumulative Remedies. None of the Collateral Agent or any other Secured Party shall by any
act (except by a written instrument pursuant to Subsection 9.1), delay, indulgence, omission or otherwise be deemed to
have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default. No failure to exercise,
nor any delay in exercising, on the part of the Collateral Agent or any other Secured Party, any right, power or privilege
hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall
preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the
Collateral Agent or any other Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a
bar to any right or remedy that the Collateral Agent or such other Secured Party would otherwise have on any future occasion.
The rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are not exclusive of any
other rights or remedies provided by law.

 

9.4       Enforcement
Expenses; Indemnification. (a) Each Guarantor jointly and severally agrees to pay or reimburse each Secured Party and the
Collateral Agent for all their respective reasonable costs and expenses incurred in collecting against such Guarantor under
the guarantee contained in Section 2 or otherwise enforcing or preserving any rights under this Agreement against such
Guarantor and the other Loan Documents to which such Guarantor is a party, including, without limitation, the reasonable fees
and disbursements of counsel to the Collateral Agent and the Administrative Agent, in each case, to the extent any Borrower
would be required to do so pursuant to Subsection 11.5 of the Credit Agreement.

 

(b)       Each
Grantor jointly and severally agrees to pay, and to save the Collateral Agent, the Administrative Agent and the other Secured Parties
harmless from, (x) any and all liabilities with respect to, or resulting from any delay in paying, any and all stamp, excise,
sales or other similar taxes which may be payable or determined to be payable with respect to any of the Security Collateral or
in connection with any of the transactions contemplated by this Agreement and (y) any and all liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect
to the execution, delivery, enforcement, performance and administration of this Agreement (collectively, the “indemnified
liabilities”), in each case to the extent the Borrowers would be required to do so pursuant to Subsection 11.5
of the Credit Agreement, and in any event excluding any taxes or other indemnified liabilities arising from gross negligence, bad
faith or willful misconduct of the Collateral Agent, the Administrative Agent or any other Secured Party as determined by a court
of competent jurisdiction in a final and nonappealable decision.

 

    	 	50	 

     

    

 

(c)       The
agreements in this Subsection 9.4 shall survive repayment of the Obligations and all other amounts payable under the Credit
Agreement and the other Loan Documents.

 

9.5       Successors
and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the Granting Parties, the Collateral
Agent and the Secured Parties and their respective successors and assigns.

 

9.6       Set-Off.
Each Guarantor hereby irrevocably authorizes each of the Administrative Agent and the Collateral Agent and each other Secured
Party at any time and from time to time without notice to such Guarantor or any other Granting Party, any such notice being
expressly waived by each Granting Party, to the extent permitted by applicable law, upon the occurrence and during the
continuance of an Event of Default under Subsection 9.1(a) of the Credit Agreement so long as any amount remains
unpaid after it becomes due and payable by such Guarantor hereunder, to set-off and appropriate and apply against any such
amount any and all deposits (general or special, time or demand, provisional or final) (other than the Collateral Proceeds
Account), in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or
indirect, absolute or contingent, matured or unmatured, at any time held or owing by the Collateral Agent, the Administrative
Agent or such other Secured Party to or for the credit or the account of such Guarantor, or any part thereof in such amounts
as the Collateral Agent, the Administrative Agent or such other Secured Party may elect. The Collateral Agent, the
Administrative Agent and each other Secured Party shall notify such Guarantor promptly of any such set-off and the
application made by the Collateral Agent, the Administrative Agent or such other Secured Party of the proceeds thereof; provided
that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the
Collateral Agent, the Administrative Agent and each other Secured Party under this Subsection 9.6 are in addition to
other rights and remedies (including, without limitation, other rights of set-off) which the Collateral Agent, the
Administrative Agent or such other Secured Party may have.

 

9.7       Counterparts.
This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts
(including by facsimile and other electronic transmission), and all of said counterparts taken together shall be deemed to
constitute one and the same instrument.

 

9.8       Severability.
Any provision of this Agreement which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and
any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in
any other jurisdiction; provided that, with respect to any Pledged Stock issued by a Foreign Subsidiary, all rights,
powers and remedies provided in this Agreement may be exercised only to the extent that they do not violate any provision of
any law, rule or regulation of any Governmental Authority applicable to any such Pledged Stock or affecting the legality,
validity or enforceability of any of the provisions of this Agreement against the Pledgor (such laws, rules or regulations,
“Applicable Law”) and are intended to be limited to the extent necessary so that they will not render this
Agreement invalid, unenforceable or not entitled to be recorded, registered or filed under the provisions of any Applicable
Law.

 

    	 	51	 

     

    

 

9.9       Section
Headings. The Section headings used in this Agreement are for convenience of reference only and are not to affect the
construction hereof or be taken into consideration in the interpretation hereof.

 

9.10     Integration.
This Agreement and the other Loan Documents represent the entire agreement of the Granting Parties, the Collateral Agent and
the other Secured Parties with respect to the subject matter hereof, and there are no promises, undertakings, representations
or warranties by the Granting Parties, the Collateral Agent or any other Secured Party relative to subject matter hereof not
expressly set forth or referred to herein or in the other Loan Documents.

 

9.11     GOVERNING
LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ANY CLAIM OR CONTROVERSY RELATING HERETO
SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, WITHOUT GIVING
EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE
BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 

9.12     Submission
to Jurisdiction; Waivers. Each party hereto hereby irrevocably and unconditionally:

 

(a)        submits
for itself and its property in any legal action or proceeding relating to this Agreement and the other Loan Documents to which
it is a party to the exclusive general jurisdiction of the Supreme Court of the State of New York for the County of New York (the
“New York Supreme Court”), and the United States District Court for the Southern District of New York (the “Federal
District Court” and together with the New York Supreme Court, the “New York Courts”) and appellate
courts from either of them; provided that nothing in this Agreement shall be deemed or operate to preclude (i) the
Collateral Agent from bringing suit or taking other legal action in any other jurisdiction to realize on the Collateral or any
other security for the Obligations (in which case any party shall be entitled to assert any claim or defense, including any claim
or defense that this Subsection 9.12 would otherwise require to be asserted in a legal action or proceeding in a New York
Court), or to enforce a judgment or other court order in favor of the Administrative Agent or the Collateral Agent, (ii)
any party from bringing any legal action or proceeding in any jurisdiction for the recognition and enforcement of any judgment,
(iii) if all such New York Courts decline jurisdiction over any Person, or decline (or in the case of the Federal District
Court, lack) jurisdiction over any subject matter of such action or proceeding, a legal action or proceeding may be brought with
respect thereto in another court having jurisdiction and (iv) in the event a legal action or proceeding is brought against
any party hereto or involving any of its assets or property in another court (without any collusive assistance by such party or
any of its Subsidiaries or Affiliates), such party from asserting a claim or defense (including any claim or defense that this
Subsection 9.12(a) would otherwise require to be asserted in a legal proceeding in a New York Court) in any such action
or proceeding;

 

    	 	52	 

     

    

 

(b)       consents
that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to
the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient forum
and agrees not to plead or claim the same;

 

(c)       agrees
that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail
(or any substantially similar form of mail), postage prepaid, to any party at its address referred to in Subsection 9.2
or at such other address of which the Collateral Agent and the Administrative Agent (in the case of any other party hereto) and
the Parent (in the case of the Collateral Agent and the Administrative Agent) shall have been notified pursuant thereto;

 

(d)       agrees
that nothing herein shall affect the right to effect service of process in any other manner permitted by law or (subject to clause
(a) above) shall limit the right to sue in any other jurisdiction; and

 

(e)       waives,
to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred
to in this Subsection 9.12 any consequential or punitive damages.

 

9.13     Acknowledgments.

 

Each Guarantor hereby acknowledges
that:

 

(a)        it
has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents to which
it is a party;

 

(b)       none
of the Collateral Agent, the Administrative Agent or any other Secured Party has any fiduciary relationship with or duty to any
Guarantor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between
the Guarantors, on the one hand, and the Collateral Agent, the Administrative Agent and the other Secured Parties, on the other
hand, in connection herewith or therewith is solely that of debtor and creditor; and

 

(c)       no
joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby
among the Secured Parties or among the Guarantors and the Secured Parties.

 

9.14     WAIVER
OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

 

9.15     Additional
Granting Parties. Each new Domestic Subsidiary of the Parent that is required to become a party to this Agreement
pursuant to Subsection 7.9(a) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement
upon execution and delivery by such Domestic Subsidiary of an Assumption Agreement substantially in the form of Annex
2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new
Subsidiary of the Parent pursuant to Subsection 7.9(a) or 7.9(b)(i) of the Credit Agreement shall become a
Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement substantially in
the form of Annex 3 hereto.

 

    	 	53	 

     

    

 

9.16     Releases.
(a) At such time as the Loans, the Reimbursement Obligations and the other Obligations (other than any Obligations owing to a
Non-Lender Secured Party) then due and owing shall have been paid in full, the Commitments have been terminated and no
Letters of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized or otherwise provided
for in a manner reasonably satisfactory to the applicable Issuing Lender), all Security Collateral shall be automatically
released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive
such termination) of the Collateral Agent, the Administrative Agent and each Granting Party hereunder shall terminate, all
without delivery of any instrument or performance of any act by any party, and all rights to the Security Collateral shall
revert to the Granting Parties. At the request and sole expense of any Granting Party following any such termination, the
Collateral Agent and the Administrative Agent shall deliver to such Granting Party (subject to Subsection 7.2, without
recourse and without representation or warranty) any Security Collateral held by the Collateral Agent hereunder, and execute,
acknowledge and deliver to such Granting Party such releases, instruments or other documents (including without limitation
UCC termination statements), and do or cause to be done all other acts, as any Granting Party shall reasonably request to
evidence such termination.

 

(b)       Upon
any sale or other disposition of Security Collateral permitted by the Credit Agreement (other than any sale or disposition to another
Grantor), the Lien pursuant to this Agreement on such sold or disposed of Security Collateral shall be automatically released.
In connection with a sale or other disposition of all the Capital Stock of any Granting Party (other than to another Grantor) or
any other transaction or occurrence as a result of which any Granting Party ceases to be a Restricted Subsidiary of the Parent,
or a sale or other disposition of Security Collateral (other than a sale or disposition to another Grantor) permitted under the
Credit Agreement, the Administrative Agent and the Collateral Agent shall, upon receipt from the Parent of a written request for
the release of such Granting Party from its Guarantee or the release of the Security Collateral subject to such sale, disposition
or other transaction, identifying such Granting Party or the relevant Security Collateral together with a certification by the
Parent stating that such transaction is in compliance with the Credit Agreement and the other Loan Documents, execute and deliver
to the Parent or the relevant Granting Party (subject to Subsection 7.2, without recourse and without representation or
warranty), at the sole cost and expense of such Granting Party, any Security Collateral of such relevant Granting Party held by
the Collateral Agent, or the Security Collateral subject to such sale or disposition (as applicable), and, at the sole cost and
expense of such Granting Party, execute, acknowledge and deliver to such Granting Party such releases, instruments or other documents
(including without limitation UCC termination statements), and do or cause to be done all other acts, as the Parent or such Granting
Party shall reasonably request (x) to evidence or effect the release of such Granting Party from its Guarantee (if any)
and of the Liens created hereby (if any) on such Granting Party’s Security Collateral or (y) to evidence the release
of the Security Collateral subject to such sale or disposition.

 

    	 	54	 

     

    

 

(c)       Upon
any transaction or occurrence as a result of which any Granting Party (other than the Parent) ceases to be a Restricted Subsidiary
of the Borrower that is permitted under the Credit Agreement, or any such Granting Party being or becoming an Excluded Subsidiary,
the Lien pursuant to this Agreement on all Security Collateral of such Granting Party (if any) shall be automatically released,
and the Guarantee (if any) of such Granting Party, and all obligations of such Granting Party hereunder, shall terminate, all without
delivery of any instrument or performance of any act by any party, and the Administrative Agent and the Collateral Agent shall,
upon the request of the Parent or such Granting Party, deliver to the Parent or such Granting Party (subject to Subsection 7.2,
without recourse and without representation or warranty) any Security Collateral of such Granting Party held by the Collateral
Agent hereunder and the Collateral Agent and the Administrative Agent shall execute, acknowledge and deliver to the Parent or such
Granting Party (at the sole cost and expense of the Parent or such Granting Party) all releases, instruments or other documents
(including without limitation UCC termination statements) and do or cause to be done all other acts, necessary or reasonably desirable
for the release of such Granting Party from its Guarantee (if any) or the Liens created hereby (if any) on such Granting Party’s
Security Collateral, as applicable, as the Parent or such Granting Party may reasonably request.

 

(d)       Upon
(i) any Security Collateral being or becoming an Excluded Asset or (ii) any other release of Security Collateral
approved, authorized or ratified by the Lenders pursuant to Subsection 10.8(b)(A)(iv) of the Credit Agreement, the Lien
pursuant to this Agreement on such Security Collateral shall be automatically released. At the request and sole expense of any
Granting Party, the Administrative Agent and the Collateral Agent shall deliver such Security Collateral (if held by the Collateral
Agent) to such Granting Party and the Collateral Agent and the Administrative Agent shall execute, acknowledge and deliver to such
Granting Party such releases, instruments or other documents (including without limitation UCC termination statements), and do
or cause to be done all other acts, as such Granting Party shall reasonably request to evidence such release.

 

(e)       So
long as no Event of Default has occurred and is continuing, the Collateral Agent and the Administrative Agent shall at the direction
of any applicable Granting Party return to such Granting Party any proceeds or other property received by it during any Event of
Default pursuant to either Subsection 5.3.1 or 6.4 and not otherwise applied in accordance with Subsection 6.5.

 

(f)       The
Collateral Agent shall have no liability whatsoever to any other Secured Party as the result of any release of Security Collateral
by it in accordance with (or which the Collateral Agent in good faith believes to be in accordance with) this Subsection 9.16.

 

9.17      Judgment.
(a) If for the purpose of obtaining judgment in any court it is necessary to convert a sum due hereunder in one currency into
another currency, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange
used shall be that at which in accordance with normal banking procedures the Administrative Agent or the Collateral Agent
could purchase the first currency with such other currency on the Business Day preceding the day on which final judgment is
given.

 

    	 	55	 

     

    

 

(b)       The
obligations of any Guarantor in respect of this Agreement to the Administrative Agent and the Collateral Agent, for the benefit
of each holder of Obligations, shall, notwithstanding any judgment in a currency (the “judgment currency”) other than
the currency in which the sum originally due to such holder is denominated (the “original currency”), be discharged
only to the extent that on the Business Day following receipt by the Administrative Agent and the Collateral Agent of any sum adjudged
to be so due in the judgment currency, the Administrative Agent and the Collateral Agent may in accordance with normal banking
procedures purchase the original currency with the judgment currency; if the amount of the original currency so purchased is less
than the sum originally due to such holder in the original currency, such Guarantor agrees, as a separate obligation and notwithstanding
any such judgment, to indemnify the Administrative Agent and the Collateral Agent for the benefit of such holder, against such
loss, and if the amount of the original currency so purchased exceeds the sum originally due to the Administrative Agent and the
Collateral Agent, the Administrative Agent and the Collateral Agent agree to remit to the Parent, such excess. This covenant shall survive the termination of this Agreement
and payment of the Obligations and all other amounts payable hereunder.

 

9.18     Transfer
Tax Acknowledgment. Each party hereto acknowledges that the shares delivered hereunder are being transferred to and
deposited with the Collateral Agent (or other Person in accordance with any applicable Intercreditor Agreement) as security for
the Obligations and that this Subsection 9.18 is intended to be the certificate of exemption from New York stock transfer
taxes for the purposes of complying with Section 270.5(b) of the Tax Law of the State of New York.

 

[Remainder of page left
blank intentionally; Signature pages to follow.]

 

    	 	56	 

     

    

 

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

 

	 	NCI Group, INC.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:  	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	ROBERTSON-CECO II CORPORATION
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	NCI BUILDING SYSTEMS, INC.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	STEELBUILDING.COM, LLC
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	CENTRIA
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer

 

[Signature
Pages to NCI ABL Guarantee and Collateral Agreement]

 

     

     

    

 

	 	CENTRIA, inc.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	CENTRIA sERVICES GROUP, LLC
	 	 	 	 
	 	By:	/s/ Mark E. Johnson
	 	 	Name:	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer

 

[Signature
Pages to NCI ABL Guarantee and Collateral Agreement]

 

     

     

    

  

	 	Acknowledged and Agreed to as of the date hereof by:
	 	 	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	 	as Collateral Agent and Administrative Agent
	 	 	 	 
	 	By:	Matt Mouledous
	 		Name:	Matt Mouledous
	 		Title:	Vice President

 

[Signature
Pages to NCI ABL Guarantee and Collateral Agreement]

 

     

     

    

  

ANNEX 1

 

ACKNOWLEDGEMENT AND CONSENT*

 

The undersigned hereby acknowledges
receipt of a copy of the ABL Guarantee and Collateral Agreement, dated as of February 8, 2018 (the “Agreement”;
capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Agreement or the Credit
Agreement referred to therein, as the case may be), made by NCI GROUP, INC., ROBERTSON-CECO II CORPORATION, NCI BUILDING SYSTEMS,
INC. and the other Granting Parties party thereto in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent and Administrative
Agent. The undersigned agrees for the benefit of the Collateral Agent, the Administrative Agent and the Lenders as follows:

 

The undersigned will be bound
by the terms of the Agreement applicable to it as an Issuer (as defined in the Agreement) and will comply with such terms insofar
as such terms are applicable to the undersigned as an Issuer.

 

The undersigned will notify
the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 of the Agreement.

 

The terms of Subsections
6.3(c) and 6.7 of the Agreement shall apply to it, mutatis mutandis, with respect to all actions that may be
required of it pursuant to Subsection 6.3(c) or 6.7 of the Agreement.

 

	 	[NAME OF ISSUER]
	 	 	 	 
	 	By:	 
	 	 	Name:	[__________________]
	 	 	Title:	[_______________]
	 	 	 	 
	 	Address for Notices:
	 	 	 	 
	 	[__________________]

 

* This consent is necessary only with respect to any Issuer that
is not also a Granting Party.

 

     

     

    

  

ANNEX 2

 

ASSUMPTION AGREEMENT

 

ASSUMPTION AGREEMENT, dated
as of [_______ __], 20[_], made by [______________________________], a [______________] corporation ([each an] [the] “Additional
Granting Party”), in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent (in such capacity, the “Collateral
Agent”) and as administrative agent (in such capacity, the “Administrative Agent”) for the banks and
other financial institutions from time to time parties to the Credit Agreement referred to below and the other Secured Parties
(as defined in the Guarantee and Collateral Agreement referred to below). All capitalized terms not defined herein shall have the
meaning ascribed to them in the Guarantee and Collateral Agreement, or if not defined therein, in the Credit Agreement.

 

WITNESSETH:

 

WHEREAS, NCI BUILDING SYSTEMS,
INC., a Delaware corporation (together with its successors and assigns, the “Parent”), NCI GROUP, INC., a Nevada
corporation (together with its successors and assigns, “NCI Group”), ROBERTSON-CECO II CORPORATION, a Delaware
corporation (together with its successors and assigns, “Robertson”), the several banks and other financial institutions
from time to time party thereto (the “Lenders”), the Administrative Agent, the Collateral Agent, and the other
parties party thereto are parties to an ABL Credit Agreement, dated as of February 8, 2018 (as amended, supplemented, waived or
otherwise modified from time to time, the “Credit Agreement”);

 

WHEREAS, in connection with
the Credit Agreement, the Parent, NCI Group, Robertson and certain of the Parent’s other Domestic Subsidiaries are, or are
to become, parties to the ABL Guarantee and Collateral Agreement, dated as of February 8, 2018 (as amended, supplemented, waived
or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), in favor of the Administrative
Agent and the Collateral Agent, for the benefit of the Secured Parties;

 

WHEREAS, [the] [each] Additional
Granting Party is a member of an affiliated group of companies that includes the Borrowers and each other Granting Party; the proceeds
of the extensions of credit under the Credit Agreement will be used in part to enable the Borrowers to make valuable transfers
to one or more of the other Granting Parties (including such Additional Granting Party) in connection with the operation of their
respective businesses; and the Borrowers and the other Granting Parties (including such Additional Granting Party) are engaged
in related businesses, and each such Granting Party (including [each] such Additional Granting Party) will derive substantial direct
and indirect benefit from the making of the extensions of credit under the Credit Agreement;

 

WHEREAS, the Credit Agreement
requires [the] [each] Additional Granting Party to become a party to the Guarantee and Collateral Agreement; and

 

WHEREAS, [the] [each] Additional
Granting Party has agreed to execute and deliver this Assumption Agreement in order to become a party to the Guarantee and Collateral
Agreement;

 

     

     

    

 

Annex 2

Page 2

 

NOW, THEREFORE, IT IS AGREED:

 

1.       Guarantee
and Collateral Agreement. By executing and delivering this Assumption Agreement, [the] [each] Additional Granting Party, as
provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a party to the Guarantee and Collateral
Agreement as a Granting Party thereunder with the same force and effect as if originally named therein as a [Guarantor] [, Grantor
and Pledgor] [and Grantor] [and Pledgor]1
and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a [Guarantor]
[, Grantor and Pledgor] [and Grantor] [and Pledgor]2
thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in Schedules [____________]
to the Guarantee and Collateral Agreement, and such Schedules are hereby amended and modified to include such information. [The][Each]
Additional Granting Party hereby represents and warrants that each of the representations and warranties of such Additional Granting
Party, in its capacities as a Guarantor [, Grantor and Pledgor] [and Grantor] [and Pledgor],3
contained in Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date
hereof (after giving effect to this Assumption Agreement) as if made on and as of such date. Each Additional Granting Party hereby
grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit
of the Secured Parties, a continuing security interest in the [Collateral (as such term is defined in Subsection 3.1 of
the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined
in the Guarantee and Collateral Agreement) of such Additional Granting Party, except as provided in Subsection 3.3 of the
Guarantee and Collateral Agreement].

 

2.       GOVERNING
LAW. THIS ASSUMPTION AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ANY CLAIM OR CONTROVERSY RELATING
HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, WITHOUT GIVING
EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE BY
STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 

 

		1	Indicate the capacities in which the Additional Granting
Party is becoming a Grantor.

		2	Indicate the capacities in which the Additional Granting
Party is becoming a Grantor.

		3	Indicate the capacities in which the Additional Granting
Party is becoming a Grantor.

 

     

     

    

  

Annex 2

Page 3

 

IN WITNESS WHEREOF, the undersigned
has caused this Assumption Agreement to be duly executed and delivered as of the date first above written.

 

	 	[ADDITIONAL GRANTING PARTY]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	Acknowledged and Agreed to as of the date hereof by:
	 	 	 
	 	[●]	 
	 	 	as Collateral Agent and Administrative Agent
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

     

     

    

  

ANNEX 3

 

SUPPLEMENTAL AGREEMENT

 

SUPPLEMENTAL AGREEMENT, dated
as of [_________ __], 201[_], made by [______________________________], a [______________] corporation (the “Additional
Pledgor”), in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent (in such capacity, the “Collateral
Agent”) and as administrative agent (in such capacity, the “Administrative Agent”) for the banks and
other financial institutions from time to time parties to the Credit Agreement referred to below and the other Secured Parties
(as defined in the Guarantee and Collateral Agreement referred to below). All capitalized terms not defined herein shall have the
meaning ascribed to them in the Guarantee and Collateral Agreement, or if not defined therein, in the Credit Agreement.

 

WITNESSETH:

 

WHEREAS, NCI BUILDING SYSTEMS,
INC., a Delaware corporation (together with its successors and assigns, the “Parent”), NCI GROUP, INC., a Nevada
corporation (together with its successors and assigns, “NCI Group”), ROBERTSON-CECO II CORPORATION, a Delaware
corporation (together with its successors and assigns, “Robertson”), the several banks and other financial institutions
from time to time party thereto (the “Lenders”), the Administrative Agent, the Collateral Agent, and the other
parties party thereto are parties to an ABL Credit Agreement, dated as of February 8, 2018 (as amended, supplemented, waived or
otherwise modified from time to time, the “Credit Agreement”);

 

WHEREAS, in connection with
the Credit Agreement, the Parent, NCI Group, Robertson and certain of the Parent’s other Domestic Subsidiaries are, or are
to become, parties to the ABL Guarantee and Collateral Agreement, dated as of February 8, 2018 (as amended, supplemented, waived
or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), in favor of the Administrative
Agent and the Collateral Agent, for the benefit of the Secured Parties;

 

WHEREAS, the Credit Agreement
requires the Additional Pledgor to become a Pledgor under the Guarantee and Collateral Agreement with respect to Capital Stock
of certain new Subsidiaries of the Additional Pledgor; and

 

WHEREAS, the Additional Pledgor
has agreed to execute and deliver this Supplemental Agreement in order to become such a Pledgor under the Guarantee and Collateral
Agreement;

 

     

     

    

 

Annex 3

Page 2

 

NOW, THEREFORE, IT IS AGREED:

 

1.       Guarantee
and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection
9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with
respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by
all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder.
The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral
Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby
represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor,
contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and
as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor
hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and
Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral
Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged
Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except
as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants
to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered
by it and constitutes its legal, valid, and binding obligation, enforceable against it in accordance with its terms.

 

2.       GOVERNING
LAW. THIS SUPPLEMENTAL AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ANY CLAIM OR CONTROVERSY RELATING
HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, WITHOUT GIVING
EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE BY
STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

     

     

    

  

Annex 3

Page 3

  

IN WITNESS WHEREOF, the undersigned
has caused this Supplemental Agreement to be duly executed and delivered as of the date first above written.

 

	 	[ADDITIONAL PLEDGOR]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	Acknowledged and Agreed to as of the date hereof by:
	 	 	 
	 	[●]	 
	 	 	as Collateral Agent and Administrative Agent
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

     

     

    

  

ANNEX 4

 

Non-lender
Acknowledgement

 

NON-LENDER Acknowledgement,
dated as of [_________ __], [____] by [ ] (the “Non-Lender”). Reference is made to the ABL Guarantee and Collateral
Agreement, dated as of February 8, 2018 (as amended, supplemented, waived or otherwise modified from time to time, the “ABL
Guarantee and Collateral Agreement”), made by the Guarantors (as defined therein) in favor of WELLS FARGO BANK, NATIONAL
ASSOCIATION, as collateral agent. All capitalized terms not defined herein shall have the meanings ascribed to them in the ABL
Guarantee and Collateral Agreement or the Credit Agreement (as defined in the ABL Guarantee and Collateral Agreement), as applicable.

 

WHEREAS, the Non-Lender
is not an Agent, a Lender or an Affiliate thereof; and

 

WHEREAS, the Non-Lender
wishes to (a) appoint the Administrative Agent as its agent under the Loan Documents and (b) agree to be bound by
the provisions of Subsection 9.2, Section 10, and Subsections 11.1, 11.12, 11.13, 11.15
and 11.22 of the Credit Agreement as if it were a Lender.

 

NOW, THEREFORE, IT IS AGREED:

 

1. The Non-Lender hereby
appoints the Administrative Agent as its agent under the Loan Documents and agrees to be bound by the provisions of Subsection
9.2, Section 10, and Subsections 11.1, 11.12, 11.13, 11.15 and 11.22 of the Credit
Agreement as if it were a Lender.

 

[Signature page follows]

 

     

     

    

  

IN WITNESS WHEREOF, the undersigned has caused
this Non-Lender Acknowledgment to be duly executed and delivered as of the date first above written.

 

	 	[Non-Lender]
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:Exhibit 10.5

 

EXECUTION VERSION

	 

 

INTERCREDITOR AGREEMENT

 

by and between

 

WELLS FARGO BANK, NATIONAL
ASSOCIATION,

as ABL Agent,

 

and

 

CREDIT SUISSE AG, CAYMAN
ISLANDS BRANCH,

as Term Loan Agent

 

dated as of February 8,
2018

	 

 

     

     

    

 

Table of Contents

 

	 	 	Page
	 	 	 
	ARTICLE 1	Definitions	2
	 	 	 
	Section 1.1	UCC Definitions	2
	Section 1.2	Other Definitions	2
	Section 1.3	Rules of Construction	36
	 	 	 
	ARTICLE 2	Lien Priority	37
	 	 	 
	Section 2.1	Agreement to Subordinate	37
	Section 2.2	Waiver of Right to Contest Liens	44
	Section 2.3	Remedies Standstill	51
	Section 2.4	Exercise of Rights	64
	Section 2.5	No New Liens	72
	Section 2.6	Waiver of Marshalling	78
	 	 	 
	ARTICLE 3	Actions of the Parties	79
	 	 	 
	Section 3.1	Certain Actions Permitted	79
	Section 3.2	Agent for Perfection	79
	Section 3.3	Sharing of Information and Access	80
	Section 3.4	Insurance	81
	Section 3.5	No Additional Rights For the Credit Parties Hereunder	81
	Section 3.6	Actions Upon Breach	81
	Section 3.7	Inspection Rights	82
	 	 	 
	ARTICLE 4	Application of Proceeds	83
	 	 	 
	Section 4.1	Application of Proceeds	83
	Section 4.2	Specific Performance	89
	Section 4.3	Sale of Collateral Comprising Both ABL Priority Collateral and Term Loan Priority Collateral; Certain Proceeds of Capital
    Stock or Intercompany Loans	90
	 	 	 
	ARTICLE 5	Intercreditor Acknowledgements and Waivers	91
	 	 	 
	Section 5.1	Notice of Acceptance and Other Waivers	91
	Section 5.2	Modifications to ABL Documents and Term Loan Documents	97
	Section 5.3	Reinstatement and Continuation of Agreement	103
	 	 	 
	ARTICLE 6	Insolvency Proceedings	105
	 	 	 
	Section 6.1	DIP Financing	105
	Section 6.2	Relief From Stay	108
	Section 6.3	No Contest	109

 

    i 

     

    

 

Table of Contents

(continued)

 

	 	 	Page
	 	 	 
	Section 6.4	Asset Sales	110
	Section 6.5	Separate Grants of Security and Separate Classification	111
	Section 6.6	Enforceability	111
	Section 6.7	ABL Obligations Unconditional	112
	Section 6.8	Term Loan Obligations Unconditional	112
	Section 6.9	Additional Obligations Unconditional	113
	Section 6.10	Adequate Protection	113
	Section 6.11	Post-Petition Interest	116
	 	 	 
	ARTICLE 7	Miscellaneous	116
	 	 	 
	Section 7.1	Rights of Subrogation	116
	Section 7.2	Further Assurances	118
	Section 7.3	Representations	119
	Section 7.4	Amendments	119
	Section 7.5	Addresses for Notices	123
	Section 7.6	No Waiver, Remedies	124
	Section 7.7	Continuing Agreement, Transfer of Secured Obligations	124
	Section 7.8	Governing Law:  Entire Agreement	125
	Section 7.9	Counterparts	125
	Section 7.10	No Third Party Beneficiaries	125
	Section 7.11	Designation of Additional Indebtedness; Joinder of Additional Agents	125
	Section 7.12	Term Loan Collateral Representative and ABL Collateral Representative; Notice of Change	127
	Section 7.13	Provisions Solely to Define Relative Rights	127
	Section 7.14	Headings	128
	Section 7.15	Severability	128
	Section 7.16	Attorneys Fees	128
	Section 7.17	VENUE; JURY TRIAL WAIVER	128
	Section 7.18	Intercreditor Agreement	129
	Section 7.19	No Warranties or Liability	129
	Section 7.20	Conflicts	129
	Section 7.21	Information Concerning Financial Condition of the Credit Parties	130
	Section 7.22	Excluded Assets	130

 

EXHIBITS

 

	Exhibit A	—	Additional Indebtedness Designation
	Exhibit B	—	Additional Indebtedness Joinder
	Exhibit C	—	Joinder of ABL Credit Agreement or Term Loan Credit Agreement

 

    ii 

     

    

 

INTERCREDITOR AGREEMENT

 

THIS INTERCREDITOR AGREEMENT
(as amended, supplemented, waived or otherwise modified from time to time pursuant to the terms hereof, this “Agreement”)
is entered into as of February 8, 2018 between WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent (together with its successors
and assigns in such capacity from time to time, and as further defined herein, the “ABL Agent”) for the ABL
Secured Parties, and CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as collateral agent (together with its successors and assigns in
such capacity from time to time, and as further defined herein, the “Term Loan Agent”) for the Term Loan Secured
Parties. Capitalized terms defined in Article 1 hereof are used in this Agreement as so defined.

 

RECITALS

 

A.          Pursuant
to the Original ABL Credit Agreement, the ABL Credit Agreement Lenders have agreed to make certain loans and other financial accommodations
to or for the benefit of the ABL Borrowers.

 

B.           Pursuant
to the ABL Guarantees, the ABL Guarantors have agreed to guarantee the payment and performance of the ABL Borrowers’ obligations
under the ABL Documents.

 

C.           As
a condition to the effectiveness of the Original ABL Credit Agreement and to secure the obligations of the ABL Credit Parties under
and in connection with the ABL Documents, the ABL Credit Parties have granted to the ABL Agent (for the benefit of the ABL Secured
Parties) Liens on the Collateral.

 

D.           Pursuant
to the Original Term Loan Credit Agreement, the Term Loan Credit Agreement Lenders have agreed to make certain loans and other
financial accommodations to or for the benefit of the Term Loan Borrower.

 

E.           Pursuant
to the Term Loan Guarantees, the Term Loan Guarantors have agreed to guarantee the payment and performance of the Term Loan Borrower’s
obligations under the Term Loan Documents.

 

F.           As
a condition to the effectiveness of the Original Term Loan Credit Agreement and to secure the obligations of the Term Loan Credit
Parties under and in connection with the Term Loan Documents, the Term Loan Credit Parties have granted to the Term Loan Agent
(for the benefit of the Term Loan Secured Parties) Liens on the Collateral.

 

G.           Pursuant
to this Agreement, the Company Representative may, from time to time, designate certain additional Indebtedness of any Credit Party
as “Additional Indebtedness” (and as either “Additional ABL Indebtedness” or “Additional Term Indebtedness”,
as the case may be) by executing and delivering an Additional Indebtedness Designation and by complying with the procedures set
forth in Section 7.11 hereof, and the holders of such Additional Indebtedness and any other applicable Additional Secured
Party shall thereafter constitute Additional Secured Parties (and either “Additional ABL Secured Parties” or “Additional
Term Secured Parties”, as the case may be), and any Additional Agent for any such Additional Secured Parties shall thereafter
constitute an Additional Agent (and either an “Additional ABL Agent” or an “Additional Term Agent”, as
the case may be), for all purposes under this Agreement.

 

     

     

    

 

H.           Each
of the ABL Agent (on behalf of the ABL Secured Parties) and the Term Loan Agent (on behalf of the Term Loan Secured Parties) and,
by their acknowledgment hereof, the ABL Credit Parties and the Term Loan Credit Parties, desire to agree to the relative priority
of Liens on the Collateral and certain other rights, priorities and interests as provided herein.

 

NOW THEREFORE,
in consideration of the foregoing and for other good and valuable consideration, receipt of which is hereby acknowledged, the parties
hereto agree as follows:

 

ARTICLE 1

 

Definitions

 

Section 1.1 UCC Definitions.
The following terms which are defined in the Uniform Commercial Code are used herein as so defined: Accounts, Chattel Paper, Commercial
Tort Claims, Commodity Accounts, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Financial Assets, Instruments,
Inventory, Investment Property, Letter-of-Credit Rights, Money, Payment Intangibles, Promissory Notes, Records, Security, Securities
Accounts, Security Entitlements, Supporting Obligations and Tangible Chattel Paper.

 

Section 1.2 Other
Definitions. As used in this Agreement, the following terms shall have the meanings set forth below:

 

“ABL Agent”
shall mean Wells Fargo Bank, National Association, as collateral agent under the ABL Credit Agreement, together with its successors
and assigns in such capacity from time to time, whether under the Original ABL Credit Agreement or any subsequent ABL Credit Agreement,
as well as any Person designated as the “Agent” or “Collateral Agent” under any ABL Credit
Agreement.

 

“ABL Bank Products
Affiliate” shall mean any Person who (a) has entered into a Bank Products Agreement with an ABL Credit Party
with the obligations of such ABL Credit Party thereunder being secured by one or more ABL Collateral Documents, (b) [reserved],
and (c) has been designated by the Company Representative in accordance with the terms of one or more ABL Collateral
Documents (provided that no Person shall, with respect to any Bank Products Agreement, be at any time a Bank Products Affiliate
hereunder with respect to more than one Credit Facility).

 

“ABL Borrowers”
shall mean NCI Group, Robertson and the other Subsidiary Borrowers from time to time party to the ABL Credit Agreement (as defined
therein), each in their capacities as borrowers under the ABL Credit Agreement, together with their respective successors and assigns.

 

    	 	2	 

     

    

 

“ABL Collateral
Documents” shall mean all “Security Documents” as defined in the Original ABL Credit Agreement, and
all other security agreements and other collateral documents executed and delivered in connection with any ABL Credit Agreement,
and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which
rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or otherwise
modified from time to time.

 

“ABL Collateral
Exposure” shall mean, as to any ABL Credit Agreement or Additional ABL Credit Facility as of the date of determination,
the sum of (a) as to any revolving facility, the total commitments (whether funded or unfunded) of the ABL Secured
Parties to make loans and other extensions of credit thereunder (or after the termination of such commitments, the total outstanding
principal amount of loans and other extensions of credit under such facility and the aggregate then undrawn and unexpired amount
of the then outstanding letters of credit under the ABL Priority Collateral Documents) plus (b) as to any other facility,
the outstanding principal amount of ABL Obligations or Additional ABL Obligations (as applicable) thereunder.

 

“ABL Collateral
Intercreditor Agreement” shall mean an intercreditor agreement substantially in the Form of Exhibit O to the Original
ABL Credit Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with
the terms thereof.

 

“ABL Collateral
Obligations” shall mean the ABL Obligations and any Additional ABL Obligations.

 

“ABL Collateral
Representative” shall mean (a) if the Original ABL Credit Agreement is then in effect, the ABL Agent acting
for the ABL Collateral Secured Parties; and (b) if the Original ABL Credit Agreement is not then in effect, the ABL
Agent under the relevant subsequent ABL Credit Agreement acting for the ABL Collateral Secured Parties, unless the ABL Collateral
Exposure under any Additional ABL Credit Facility exceeds the ABL Collateral Exposure under such subsequent ABL Credit Agreement,
and in such case (unless otherwise agreed in writing between the ABL Agent and any Additional ABL Agent or, after the Discharge
of ABL Obligations, between any Additional ABL Agents), the Additional ABL Agent under such Additional ABL Credit Facility (or,
if there is more than one such Additional ABL Credit Facility, the Additional ABL Credit Facility under which the greatest ABL
Collateral Exposure is outstanding at the time) acting for the ABL Collateral Secured Parties.

 

“ABL Collateral
Secured Parties” shall mean the ABL Secured Parties and any Additional ABL Secured Parties.

 

“ABL Commingled
Collateral” shall have the meaning set forth in Section 3.7(a) hereof.

 

    	 	3	 

     

    

 

“ABL Credit
Agreement” shall mean (i) if the Original ABL Credit Agreement is then in effect, the Original ABL Credit
Agreement and (ii) thereafter, if designated by the Company Representative, any other credit agreement, loan agreement,
note agreement, promissory note, indenture or other agreement or instrument evidencing or governing the terms of any indebtedness
or other financial accommodation that complies with clause (1) of the definition of “Additional Indebtedness” and has
been incurred to refund, refinance, restructure, replace, renew, repay, increase or extend (whether in whole or in part and whether
with the original agent and creditors or other agents and creditors or otherwise) the indebtedness and other obligations outstanding
under (x) the Original ABL Credit Agreement or (y) any subsequent ABL Credit Agreement (in each case, as
amended, supplemented, waived or otherwise modified from time to time); provided, that the requisite creditors party to
such ABL Credit Agreement (or their agent or other representative on their behalf) shall agree, by a joinder agreement substantially
in the form of Exhibit C attached hereto or otherwise in form and substance reasonably satisfactory to the Term Loan Agent
and any Additional Agent (other than any Designated Agent) (or, if there is no continuing Agent other than any Designated Agent,
as designated by the Company Representative), that the obligations under such ABL Credit Agreement are subject to the terms and
provisions of this Agreement. Any reference to the ABL Credit Agreement shall be deemed a reference to any ABL Credit Agreement
then in existence.

 

“ABL Credit
Agreement Lenders” shall mean the lenders, debtholders and other creditors party from time to time to the ABL Credit
Agreement, together with their successors, assigns and transferees, as well as any Person designated as an “ABL Credit Agreement
Lender” under any ABL Credit Agreement.

 

“ABL Credit
Parties” shall mean the ABL Borrowers, the ABL Guarantors and each other direct or indirect Subsidiary of the Company
or any of its Affiliates that is now or hereafter becomes a party to any ABL Document.

 

“ABL Documents”
shall mean the ABL Credit Agreement, the ABL Guarantees, the ABL Collateral Documents, any Bank Products Agreements between any
ABL Credit Party and any ABL Bank Products Affiliate, any Hedging Agreements between any ABL Credit Party and any ABL Hedging Affiliate,
any Management Guarantee in favor of an ABL Management Credit Provider, and those other ancillary agreements as to which the ABL
Agent or any ABL Secured Party is a party or a beneficiary and all other agreements, instruments, documents and certificates, now
or hereafter executed by or on behalf of any ABL Credit Party or any of its respective Subsidiaries or Affiliates, and delivered
to the ABL Agent, in connection with any of the foregoing or any ABL Credit Agreement, in each case as the same may be amended,
supplemented, waived or otherwise modified from time to time.

 

“ABL Guarantees”
shall mean that certain guarantee agreement dated as of the date hereof by the ABL Guarantors in favor of the ABL Agent, and all
other guarantees of any ABL Obligations of any ABL Credit Party by any other ABL Credit Party in favor of any ABL Secured Party,
in each case as amended, supplemented, waived or otherwise modified from time to time.

 

“ABL Guarantors”
shall mean the collective reference to the Company, each of the Company’s Domestic Subsidiaries that is a guarantor under
any of the ABL Guarantees and any other Person who becomes a guarantor under any of the ABL Guarantees, in each case unless and
until released from its guarantee obligations.

 

    	 	4	 

     

    

 

“ABL Hedging
Affiliate” shall mean any Person who (a) has entered into a Hedging Agreement with an ABL Credit Party with
the obligations of such ABL Credit Party thereunder being secured by one or more ABL Collateral Documents, (b) [reserved],
and (c) has been designated by the Company Representative in accordance with the terms of one or more ABL Collateral
Documents (provided that no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Affiliate hereunder with
respect to more than one Credit Facility).

 

“ABL Management
Credit Provider” shall mean any Person who (a) is a beneficiary of a Management Guarantee provided by an
ABL Credit Party, with the obligations of the applicable ABL Credit Party thereunder being secured by one or more ABL Collateral
Documents, (b) [reserved], and (c) has been designated by the Company Representative in accordance with
the terms of one or more ABL Collateral Documents (provided that no Person shall, with respect to any Management Guarantee, be
at any time a Management Credit Provider with respect to more than one Credit Facility).

 

“ABL Obligations”
shall mean any and all loans and all other obligations, liabilities and indebtedness of every kind, nature and description, whether
now existing or hereafter arising, whether arising before, during or after the commencement of any case with respect to any ABL
Credit Party under the Bankruptcy Code or any other Insolvency Proceeding, owing by each ABL Credit Party from time to time to
the ABL Agent, the “administrative agent” or “agent” under the ABL Credit Agreement, the ABL Credit Agreement
Lenders or any of them, any ABL Bank Products Affiliates, any ABL Hedging Affiliates or any ABL Management Credit Providers, under
any ABL Document, whether for principal, interest (including interest, fees and expenses which, but for the commencement of an
Insolvency Proceeding with respect to such ABL Credit Party, would have accrued on any ABL Obligation, whether or not a claim is
allowed against such ABL Credit Party for such interest, fees and expenses in the related Insolvency Proceeding), reimbursement
of amounts drawn under letters of credit, payments for early termination of Hedging Agreements, fees, expenses, indemnification
or otherwise, and all other amounts owing or due under the terms of the ABL Documents, as amended, restated, modified, renewed,
refunded, replaced or refinanced in whole or in part from time to time, including all “Obligations”, as defined in
the Original ABL Credit Agreement.

 

“ABL Permitted
Access Right” shall have the meaning set forth in Section 3.7(a).

 

“ABL Priority
Collateral” shall mean all Collateral consisting of the following:

 

(1)         all
Accounts (other than Accounts which constitute identifiable Proceeds of Term Loan Priority Collateral);

 

(2)         (x) all
Deposit Accounts and Money and all cash, checks, other negotiable instruments, funds and other evidences of payments held therein
and (y) all Securities (to the extent constituting cash or Cash Equivalents or representing a claim to Cash Equivalents),
Security Entitlements (to the extent constituting cash or Cash Equivalents or representing a claim to Cash Equivalents), and Securities
Accounts, in each case other than (i) the Asset Sales Proceeds Account and all cash, checks and other property held
therein or credited thereto, (ii) Capital Stock of the direct and indirect Subsidiaries of the Company and (iii) identifiable
Proceeds of Term Loan Priority Collateral;

 

    	 	5	 

     

    

 

(3)         all
Inventory;

 

(4)         to
the extent involving or governing any of the items referred to in the preceding clauses (1) through (3), all Chattel Paper (including
Tangible Chattel Paper and Electronic Chattel Paper), all Documents, General Intangibles (including data processing software but
excluding Intellectual Property and Capital Stock of the direct and indirect Subsidiaries of the Company), Instruments (including
Promissory Notes), Intercompany Loans, Letter-of-Credit Rights and Commercial Tort Claims, provided that to the extent any
of the foregoing also relates to Term Loan Priority Collateral, only that portion related to the items referred to in the preceding
clauses (1) through (3) shall be included in the ABL Priority Collateral;

 

(5)         to
the extent evidencing or governing any of the items referred to in the preceding clauses (1) through (4), all Supporting Obligations;
provided that to the extent any of the foregoing also relates to Term Loan Priority Collateral only that portion related
to the items referred to in the preceding clauses (1) through (4) shall be included in the ABL Priority Collateral;

 

(6)         all
books and Records relating to the foregoing (including all books, databases, customer lists, and Records, whether tangible or electronic,
which contain any information relating to any of the foregoing); and

 

(7)         all
collateral security and guarantees with respect to any of the foregoing and all cash, Money, instruments, securities (other than
Capital Stock of the direct and indirect Subsidiaries of the Company), financial assets, Investment Property (other than Capital
Stock of the direct and indirect Subsidiaries of the Company), insurance proceeds (including proceeds of business interruption
insurance) and deposit accounts directly received as Proceeds of any ABL Priority Collateral described in the preceding clauses
(1) through (4) (such Proceeds, “ABL Priority Proceeds”); provided, however, that no Proceeds
of ABL Priority Proceeds will constitute ABL Priority Collateral unless such Proceeds of ABL Priority Proceeds would otherwise
constitute ABL Priority Collateral.

 

For the avoidance of
doubt, under no circumstances shall Excluded Assets (as defined in the next succeeding sentence) be ABL Priority Collateral.

 

As used in this definition
of “ABL Priority Collateral”, the term “Excluded Assets” shall have the meaning provided
in the Original ABL Credit Agreement (if the Original ABL Credit Agreement is then in effect) or in the ABL Collateral Documents
relating thereto, or in any other ABL Credit Agreement then in effect (if the Original ABL Credit Agreement is not then in effect)
or in the ABL Collateral Documents relating thereto, or in any other Additional ABL Credit Facility then in effect (if no ABL Credit
Agreement is then in effect), which Additional ABL Credit Facility is designated as applicable for purposes of this definition
or in the Additional ABL Collateral Documents relating thereto.

 

    	 	6	 

     

    

 

“ABL Priority
Collateral Documents” shall mean the ABL Documents and any Additional ABL Documents, as applicable.

 

“ABL Priority
Proceeds” shall have the meaning set forth in the definition of ABL Priority Collateral in this Agreement.

 

“ABL Recovery”
shall have the meaning set forth in Section 5.3(a).

 

“ABL Secured
Parties” shall mean the ABL Agent and all ABL Credit Agreement Lenders, all ABL Bank Products Affiliates, all ABL Hedging
Affiliates and all ABL Management Credit Providers, and all successors, assigns, transferees and replacements thereof, as well
as any Person designated as an “ABL Secured Party” under any ABL Credit Agreement.

 

“Additional
ABL Agent” shall mean any one or more administrative agents, collateral agents, security agents, trustees or other representatives
for or of any one or more Additional ABL Secured Parties, and shall include any successor thereto, as well as any Person designated
as an “Agent” under any Additional ABL Credit Facility.

 

“Additional
ABL Bank Products Affiliate” shall mean any Person who (a) has entered into a Bank Products Agreement with
an Additional ABL Credit Party with the obligations of such Additional ABL Credit Party thereunder being secured by one or more
Additional ABL Collateral Documents, (b) was an Additional ABL Agent or an Additional ABL Credit Facility Lender or
an Affiliate of an Additional ABL Agent or an Additional ABL Credit Facility Lender, in each case, on the date the applicable Additional
ABL Credit Facility became effective or at the time of entry into such Bank Products Agreement, or at the time of the designation
referred to in the following clause (c), and (c) has been designated by the Company Representative in accordance with
the terms of one or more Additional ABL Collateral Documents (provided that no Person shall, with respect to any Bank Products
Agreement, be at any time a Bank Products Affiliate hereunder with respect to more than one Credit Facility).

 

“Additional
ABL Bank Products Provider” shall mean any Person (other than an Additional ABL Bank Products Affiliate) that has entered
into a Bank Products Agreement with an Additional ABL Credit Party with the obligations of such Additional ABL Credit Party thereunder
being secured by one or more Additional ABL Collateral Documents, as designated by the Company Representative in accordance with
the terms of one or more Additional ABL Collateral Documents (provided that no Person shall, with respect to any Bank Products
Agreement, be at any time a Bank Products Provider hereunder with respect to more than one Credit Facility).

 

“Additional
ABL Collateral Documents” shall mean all “Security Documents” or comparable term as defined in any
Additional ABL Credit Facility, and in any event shall include all security agreements, mortgages, deeds of trust, pledges and
other collateral documents executed and delivered in connection with any Additional ABL Credit Facility, and any other agreement,
document or instrument pursuant to which a Lien is granted securing any Additional ABL Obligations or under which rights or remedies
with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or otherwise modified from
time to time.

 

    	 	7	 

     

    

 

“Additional
ABL Credit Facilities” shall mean (a) any one or more agreements, instruments and documents under which any
Additional ABL Indebtedness is or may be incurred, including any credit agreements, loan agreements, indentures, guarantees or
other financing agreements, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time,
together with (b) if designated by the Company Representative, any other agreement (including any credit agreement,
loan agreement, indenture or other financing agreement) extending the maturity of, consolidating, restructuring, refunding, replacing
or refinancing all or any portion of the Additional ABL Obligations, whether by the same or any other lender, debtholder or other
creditor or group of lenders, debtholders or other creditors, or the same or any other agent, trustee or representative therefor,
or otherwise, and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

 

“Additional
ABL Credit Facility Lenders” shall mean one or more holders of Additional ABL Indebtedness (or commitments therefor)
that is or may be incurred under one or more Additional ABL Credit Facilities, together with their successors, assigns and transferees,
as well as any Person designated as an “Additional ABL Credit Facility Lender” under any ABL Credit Agreement.

 

“Additional
ABL Credit Party” shall mean the Company, each direct or indirect Subsidiary of the Company or any of its Affiliates
that is or becomes a party to any Additional ABL Document, and any other Person who becomes a guarantor under any of the Additional
ABL Guarantees, in each case unless and until released from its guarantee obligations.

 

“Additional
ABL Documents” shall mean any Additional ABL Credit Facilities, any Additional ABL Guarantees, any Additional ABL Collateral
Documents, any Bank Products Agreements between any Additional ABL Credit Party and any Additional ABL Bank Products Affiliate
or Additional ABL Bank Products Provider, any Hedging Agreements between any Additional ABL Credit Party and any Additional ABL
Hedging Affiliate or Additional ABL Hedging Provider, any Management Guarantee in favor of any Additional ABL Management Credit
Provider, those other ancillary agreements as to which any Additional ABL Secured Party is a party or a beneficiary and all other
agreements, instruments, documents and certificates, now or hereafter executed by or on behalf of any Additional ABL Credit Party
or any of its respective Subsidiaries or Affiliates, and delivered to any Additional ABL Agent, in connection with any of the foregoing
or any Additional ABL Credit Facility, including any intercreditor or joinder agreement among any of the Additional ABL Secured
Parties or among any of the ABL Secured Parties and Additional ABL Secured Parties, in each case as the same may be amended, supplemented,
waived or otherwise modified from time to time.

 

“Additional
ABL Guarantees” shall mean any one or more guarantees of any Additional ABL Obligations of any Additional ABL Credit
Party by any other Additional ABL Credit Party in favor of any Additional ABL Secured Party, in each case as the same may be amended,
supplemented, waived or otherwise modified from time to time.

 

    	 	8	 

     

    

 

“Additional
ABL Hedging Affiliate” shall mean any Person who (a) has entered into a Hedging Agreement with an Additional
ABL Credit Party with the obligations of such Additional ABL Credit Party thereunder being secured by one or more Additional ABL
Collateral Documents, (b) was an Additional ABL Agent or an Additional ABL Credit Facility Lender or an Affiliate of
an Additional ABL Agent or an Additional ABL Credit Facility Lender, in each case, on the date the applicable Additional ABL Credit
Facility became effective or at the time of entry into such Hedging Agreement, or at the time of the designation referred to in
the following clause (c), and (c) has been designated by the Company Representative in accordance with the terms of
one or more Additional ABL Collateral Documents (provided that no Person shall, with respect to any Hedging Agreement, be at any
time a Hedging Affiliate hereunder with respect to more than one Credit Facility).

 

“Additional
ABL Hedging Provider” shall mean any Person (other than an Additional ABL Hedging Affiliate) that has entered into a
Hedging Agreement with an Additional ABL Credit Party with the obligations of such Additional ABL Credit Party thereunder being
secured by one or more Additional ABL Collateral Documents, as designated by the Company Representative in accordance with the
terms of one or more Additional ABL Collateral Documents (provided that no Person shall, with respect to any Hedging Agreement,
be at any time a Hedging Provider hereunder with respect to more than one Credit Facility).

 

“Additional
ABL Indebtedness” shall mean any Additional Indebtedness that is designated by the Company Representative as “Additional
ABL Indebtedness” in the relevant Additional Indebtedness Designation in accordance with Section 7.11 hereof.

 

“Additional
ABL Management Credit Provider” shall mean any Person who (a) is a beneficiary of a Management Guarantee
provided by an Additional ABL Credit Party, with the obligations of the applicable Additional ABL Credit Party thereunder being
secured by one or more Additional ABL Collateral Documents and (b) has been designated by the Company Representative
in accordance with the terms of one or more Additional ABL Collateral Documents (provided that no Person shall, with respect to
any Management Guarantee, be at any time a Management Credit Provider with respect to more than one Credit Facility).

 

“Additional
ABL Obligations” shall mean any and all loans and all other obligations, liabilities and indebtedness of every kind,
nature and description, whether now existing or hereafter arising, whether arising before, during or after the commencement of
any case with respect to any Additional ABL Credit Party under the Bankruptcy Code or any other Insolvency Proceeding, owing by
each Additional ABL Credit Party from time to time to any Additional ABL Agent, any Additional ABL Secured Parties or any of them,
including any Additional ABL Bank Products Affiliate, Additional ABL Hedging Affiliate, Additional ABL Bank Products Provider,
Additional ABL Hedging Provider, or Additional ABL Management Credit Provider, whether for principal, interest (including interest,
fees and expenses which, but for the commencement of an Insolvency Proceeding with respect to such Additional ABL Credit Party,
would have accrued on any Additional ABL Obligation, whether or not a claim is allowed against such Additional ABL Credit Party
for such interest, fees and expenses in the related Insolvency Proceeding), reimbursement of amounts drawn under letters of credit,
payments for early termination of Hedging Agreements, fees, expenses, indemnification or otherwise, and all other amounts owing
or due under the terms of the Additional ABL Documents, as amended, restated, modified, renewed, refunded, replaced or refinanced
in whole or in part from time to time.

 

“Additional
ABL Recovery” shall have the meaning set forth in Section 5.3(c).

 

    	 	9	 

     

    

 

“Additional
ABL Secured Parties” shall mean all Additional ABL Agents, all Additional ABL Credit Facility Lenders, all Additional
ABL Bank Products Affiliates, all Additional ABL Bank Products Providers, all Additional ABL Hedging Affiliates, all Additional
ABL Hedging Providers and all Additional ABL Management Credit Providers, and all successors, assigns, transferees and replacements
thereof, as well as any Person designated as an “Additional ABL Secured Party” under any Additional ABL Credit Facility;
and with respect to any Additional ABL Agent shall mean the Additional ABL Secured Parties represented by such Additional ABL Agent.

 

“Additional
Agent” shall mean any Additional ABL Agent and any Additional Term Agent.

 

“Additional
Borrower” shall mean any Additional Credit Party that incurs or issues Additional Indebtedness under any Additional Credit
Facility, together with its successors and assigns.

 

“Additional
Collateral Documents” shall mean any Additional ABL Collateral Documents and any Additional Term Collateral Documents.

 

“Additional
Credit Facilities” shall mean any Additional ABL Credit Facilities and any Additional Term Credit Facilities.

 

“Additional
Credit Party” shall mean any Additional ABL Credit Party and any Additional Term Credit Party.

 

“Additional
Documents” shall mean any Additional ABL Documents and any Additional Term Documents.

 

“Additional
Effective Date” shall have the meaning set forth in Section 7.11(b).

 

“Additional
Guarantees” shall mean any Additional ABL Guarantees and any Additional Term Guarantees.

 

“Additional
Guarantor” shall mean any Additional Credit Party that at any time has provided an Additional Guarantee.

 

“Additional
Indebtedness” shall mean any Additional Specified Indebtedness that (1) is secured by a Lien on Collateral and is permitted
to be so secured by:

 

(a)          prior
to the Discharge of ABL Obligations, Subsection 8.14 of the Original ABL Credit Agreement (if the Original ABL Credit Agreement
is then in effect) or the corresponding negative covenant restricting Liens contained in any other ABL Credit Agreement then in
effect if the Original ABL Credit Agreement is not then in effect (which covenant is designated in such ABL Credit Agreement as
applicable for purposes of this definition);

 

    	 	10	 

     

    

 

(b)          prior
to the Discharge of Term Loan Obligations, Subsection 8.6 of the Original Term Loan Credit Agreement (if the Original Term Loan
Credit Agreement is then in effect) or the corresponding negative covenant restricting Liens contained in any other Term Loan Credit
Agreement then in effect if the Original Term Loan Credit Agreement is not then in effect (which covenant is designated in such
Term Loan Credit Agreement as applicable for purposes of this definition); and

 

(c)          prior
to the Discharge of Additional Obligations, any negative covenant restricting Liens contained in any applicable Additional Credit
Facility then in effect (which covenant is designated in such Additional Credit Facility as applicable for purposes of this definition);
and

 

(2) is designated as
“Additional Indebtedness” by the Company Representative pursuant to an Additional Indebtedness Designation and in compliance
with the procedures set forth in Section 7.11.

 

As used in this definition
of “Additional Indebtedness”, the term “Lien” shall have the meaning set forth (x) for purposes
of the preceding clause (1)(a), prior to the Discharge of ABL Obligations, in the Original ABL Credit Agreement (if the Original
ABL Credit Agreement is then in effect), or in any other ABL Credit Agreement then in effect (if the Original ABL Credit Agreement
is not then in effect), (y) for purposes of the preceding clause (1)(b), prior to the Discharge of Term Loan Obligations,
in the Original Term Loan Credit Agreement (if the Original Term Loan Credit Agreement is then in effect), or in any other Term
Loan Credit Agreement then in effect (if the Original Term Loan Credit Agreement is not then in effect), and (z) for
purposes of the preceding clause (1)(c), prior to the Discharge of Additional Obligations, in the applicable Additional Credit
Facility then in effect.

 

“Additional
Indebtedness Designation” shall mean a certificate of the Company Representative with respect to Additional Indebtedness
substantially in the form of Exhibit A attached hereto.

 

“Additional
Indebtedness Joinder” shall mean a joinder agreement executed by one or more Additional Agents in respect of the Additional
Indebtedness subject to an Additional Indebtedness Designation, on behalf of one or more Additional Secured Parties in respect
of such Additional Indebtedness, substantially in the form of Exhibit B attached hereto.

 

“Additional
Obligations” shall mean any Additional ABL Obligations and any Additional Term Obligations.

 

“Additional
Secured Parties” shall mean any Additional ABL Secured Parties and any Additional Term Secured Parties.

 

“Additional
Specified Indebtedness” shall mean any Indebtedness that is or may from time to time be incurred by any Credit Party
in compliance with:

 

(a)          prior
to the Discharge of ABL Obligations, Subsection 8.13 of the Original ABL Credit Agreement (if the Original ABL Credit Agreement
is then in effect) or the corresponding negative covenant restricting Indebtedness contained in any other ABL Credit Agreement
then in effect if the Original ABL Credit Agreement is not then in effect (which covenant is designated in such ABL Credit Agreement
as applicable for purposes of this definition);

 

    	 	11	 

     

    

 

(b)          prior
to the Discharge of Term Loan Obligations, Subsection 8.1 of the Original Term Loan Credit Agreement (if the Original Term Loan
Credit Agreement is then in effect) or the corresponding negative covenant restricting Indebtedness contained in any other Term
Loan Credit Agreement then in effect if the Original Term Loan Credit Agreement is not then in effect (which covenant is designated
in such Term Loan Credit Agreement as applicable for purposes of this definition); and

 

(c)          prior
to the Discharge of Additional Obligations, any negative covenant restricting Indebtedness contained in any Additional Credit Facility
then in effect (which covenant is designated in such Additional Credit Facility as applicable for purposes of this definition).

 

As used in this definition
of “Additional Specified Indebtedness”, the term “Indebtedness” shall have the meaning set forth (x) for
purposes of the preceding clause (a), prior to the Discharge of ABL Obligations, in the Original ABL Credit Agreement (if the Original
ABL Credit Agreement is then in effect), or in any other ABL Credit Agreement then in effect (if the Original ABL Credit Agreement
is not then in effect), (y) for purposes of the preceding clause (b), prior to the Discharge of Term Loan Obligations,
in the Original Term Loan Credit Agreement (if the Original Term Loan Credit Agreement is then in effect), or in any other Term
Loan Credit Agreement then in effect (if the Original Term Loan Credit Agreement is not then in effect), and (z) for
purposes of the preceding clause (c), prior to the Discharge of Additional Obligations, in the applicable Additional Credit Facility
then in effect. In the event that any Indebtedness as defined in any such Credit Document shall not be Indebtedness as defined
in any other such Credit Document, but is or may be incurred in compliance with such other Credit Document, such Indebtedness shall
constitute Additional Specified Indebtedness for the purposes of such other Credit Document.

 

“Additional
Term Agent” shall mean any one or more administrative agents, collateral agents, security agents, trustees or other representatives
for or of any one or more Additional Term Secured Parties, and shall include any successor thereto, as well as any Person designated
as an “Agent” under any Additional Term Credit Facility.

 

“Additional
Term Bank Products Affiliate” shall mean any Person who (a) has entered into a Bank Products Agreement with
an Additional Term Credit Party with the obligations of such Additional Term Credit Party thereunder being secured by one or more
Additional Term Collateral Documents, (b) was an Additional Term Agent or an Additional Term Credit Facility Lender
or an Affiliate of an Additional Term Agent or an Additional Term Credit Facility Lender, in each case, on the date the applicable
Additional Term Credit Facility became effective or at the time of entry into such Bank Products Agreement, or at the time of the
designation referred to in the following clause (c), and (c) has been designated by the Company Representative in accordance
with the terms of one or more Additional Term Collateral Documents (provided that no Person shall, with respect to any Bank Products
Agreement, be at any time a Bank Products Affiliate hereunder with respect to more than one Credit Facility).

 

    	 	12	 

     

    

 

“Additional
Term Bank Products Provider” shall mean any Person (other than an Additional Term Bank Products Affiliate) that has entered
into a Bank Products Agreement with an Additional Term Credit Party with the obligations of such Additional Term Credit Party thereunder
being secured by one or more Additional Term Collateral Documents, as designated by the Company Representative in accordance with
the terms of one or more Additional Term Collateral Documents (provided that no Person shall, with respect to any Bank Products
Agreement, be at any time a Bank Products Provider hereunder with respect to more than one Credit Facility).

 

“Additional
Term Collateral Documents” shall mean all “Security Documents” or comparable term as defined in any
Additional Term Credit Facility, and in any event shall include all security agreements, mortgages, deeds of trust, pledges and
other collateral documents executed and delivered in connection with any Additional Term Credit Facility, and any other agreement,
document or instrument pursuant to which a Lien is granted securing any Additional Term Obligations or under which rights or remedies
with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or otherwise modified from
time to time.

 

“Additional
Term Credit Facilities” shall mean (a) any one or more agreements, instruments and documents under which
any Additional Term Indebtedness is or may be incurred, including any credit agreements, loan agreements, indentures, guarantees
or other financing agreements, in each case as the same may be amended, supplemented, waived or otherwise modified from time to
time, together with (b) if designated by the Company Representative, any other agreement (including any credit agreement,
loan agreement, indenture or other financing agreement) extending the maturity of, consolidating, restructuring, refunding, replacing
or refinancing all or any portion of the Additional Term Obligations, whether by the same or any other lender, debtholder or other
creditor or group of lenders, debtholders or other creditors, or the same or any other agent, trustee or representative therefor,
or otherwise, and whether or not increasing the amount of any Indebtedness that may be incurred thereunder.

 

“Additional
Term Credit Facility Lenders” shall mean one or more holders of Additional Term Indebtedness (or commitments therefor)
that is or may be incurred under one or more Additional Term Credit Facilities, together with their successors, assigns and transferees,
as well as any Person designated as an “Additional Term Credit Facility Lender” under any Additional Term Credit Facility.

 

“Additional
Term Credit Party” shall mean the Company, each direct or indirect Subsidiary of the Company or any of its Affiliates
that is or becomes a party to any Additional Term Document, and any other Person who becomes a guarantor under any of the Additional
Term Guarantees, in each case unless and until released from its guarantee obligations.

 

“Additional
Term Documents” shall mean any Additional Term Credit Facilities, any Additional Term Guarantees, any Additional Term
Collateral Documents, any Bank Products Agreements between any Credit Party and any Additional Term Bank Products Affiliate or
Additional Term Bank Products Provider, any Hedging Agreements between any Credit Party and any Additional Term Hedging Affiliate
or Additional Term Hedging Provider, any Management Guarantee in favor of any Additional Term Management Credit Providers, those
other ancillary agreements as to which any Additional Term Secured Party is a party or a beneficiary and all other agreements,
instruments, documents and certificates, now or hereafter executed by or on behalf of any Credit Party or any of its respective
Subsidiaries or Affiliates, and delivered to any Additional Term Agent, in connection with any of the foregoing or any Additional
Term Credit Facility, including any intercreditor or joinder agreement among any of the Additional Term Secured Parties or among
any of the Term Loan Secured Parties and Additional Term Secured Parties, in each case as the same may be amended, supplemented,
waived or otherwise modified from time to time.

 

    	 	13	 

     

    

 

“Additional
Term Guarantees” shall mean any one or more guarantees of any Additional Term Obligations of any Additional Term Credit
Party by any other Additional Term Credit Party in favor of any Additional Term Secured Party, in each case as the same may be
amended, supplemented, waived or otherwise modified from time to time.

 

“Additional
Term Hedging Affiliate” shall mean any Person who (a) has entered into a Hedging Agreement with an Additional
Term Credit Party with the obligations of such Additional Term Credit Party thereunder being secured by one or more Additional
Term Collateral Documents, (b) was an Additional Term Agent or an Additional Term Credit Facility Lender or an Affiliate
of an Additional Term Agent or an Additional Term Credit Facility Lender, in each case, on the date the applicable Additional Term
Credit Facility became effective or at the time of entry into such Hedging Agreement, or at the time of the designation referred
to in the following clause (c), and (c) has been designated by the Company Representative in accordance with the terms
of one or more Additional Term Collateral Documents (provided that no Person shall, with respect to any Hedging Agreement, be at
any time a Hedging Affiliate hereunder with respect to more than one Credit Facility).

 

“Additional
Term Hedging Provider” shall mean any Person (other than an Additional Term Hedging Affiliate) that has entered into
a Hedging Agreement with an Additional Term Credit Party with the obligations of such Additional Term Credit Party thereunder being
secured by one or more Additional Term Collateral Documents, as designated by the Company Representative in accordance with the
terms of one or more Additional Term Collateral Documents (provided that no Person shall, with respect to any Hedging Agreement,
be at any time a Hedging Provider hereunder with respect to more than one Credit Facility).

 

“Additional
Term Indebtedness” shall mean any Additional Indebtedness that is designated by the Company Representative as “Additional
Term Indebtedness” in the relevant Additional Indebtedness Designation.

 

“Additional
Term Management Credit Provider” shall mean any Person who (a) is a beneficiary of a Management Guarantee
provided by an Additional Term Credit Party, with the obligations of the applicable Additional Term Credit Party thereunder being
secured by one or more Additional Term Collateral Documents and (b) has been designated by the Company Representative
in accordance with the terms of one or more Additional Term Collateral Documents (provided that no Person shall, with respect to
any Management Guarantee, be at any time a Management Credit Provider with respect to more than one Credit Facility).

 

    	 	14	 

     

    

 

“Additional
Term Obligations” shall mean any and all loans and all other obligations, liabilities and indebtedness of every kind,
nature and description, whether now existing or hereafter arising, whether arising before, during or after the commencement of
any case with respect to any Additional Term Credit Party under the Bankruptcy Code or any other Insolvency Proceeding, owing by
each Additional Term Credit Party from time to time to any Additional Term Agent, any Additional Term Secured Parties or any of
them, including any Additional Term Bank Products Affiliate, Additional Term Hedging Affiliate, Additional Term Bank Products Provider,
Additional Term Hedging Provider or Additional Term Management Credit Provider, under any Additional Term Document, whether for
principal, interest (including interest, fees and expenses which, but for the commencement of an Insolvency Proceeding with respect
to such Additional Term Credit Party, would have accrued on any Additional Term Obligation, whether or not a claim is allowed against
such Additional Term Credit Party for such interest, fees and expenses in the related Insolvency Proceeding), reimbursement of
amounts drawn under letters of credit, payments for early termination of Hedging Agreements, fees, expenses, indemnification or
otherwise, and all other amounts owing or due under the terms of the Additional Term Documents, as amended, restated, modified,
renewed, refunded, replaced or refinanced in whole or in part from time to time.

 

“Additional
Term Recovery” shall have the meaning set forth in Section 5.3(d).

 

“Additional
Term Secured Parties” shall mean all Additional Term Agents, all Additional Term Credit Facility Lenders, all Additional
Term Bank Products Affiliates, all Additional Term Bank Products Providers, all Additional Term Hedging Affiliates, all Additional
Term Hedging Providers and all Additional Term Management Credit Providers, and all successors, assigns, transferees and replacements
thereof, as well as any Person designated as an “Additional Term Secured Party” under any Additional Term Credit Facility;
and with respect to any Additional Term Agent shall mean the Additional Term Secured Parties represented by such Additional Term
Agent.

 

“Affiliate”
shall mean, with respect to any Person, any other Person which, directly or indirectly, is in control of, is controlled by, or
is under common control with, such Person. For purposes of this definition, “control” of a Person shall mean the power,
directly or indirectly, either to (a) vote 20% or more of the securities having ordinary voting power for the election
of directors of such Person or (b) direct or cause the direction of the management and policies of such Person, whether
by contract or otherwise.

 

“Agent”
shall mean the ABL Agent, the Term Loan Agent and any Additional Agent, as applicable.

 

“Agreement”
shall mean this Intercreditor Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to time
pursuant to the terms hereof.

 

“Alternative
DIP Offer” shall have the meaning set forth in Section 6.1(c)(ii).

 

“Asset Sales
Proceeds Account” shall mean one or more Deposit Accounts or Securities Accounts holding only the proceeds of any sale
or disposition of any Term Loan Priority Collateral and the Proceeds of investment thereof.

 

“Bank Products
Affiliate” shall mean any ABL Bank Products Affiliate, any Term Loan Bank Products Affiliate, any Additional ABL Bank
Products Affiliate or any Additional Term Bank Products Affiliate, as applicable.

 

    	 	15	 

     

    

 

“Bank Products
Agreement” shall mean any agreement pursuant to which a bank or other financial institution or other Person agrees to
provide (a) treasury services, (b) credit card, debit card, merchant card, purchasing card, stored value
card, non-card electronic payable or other similar services (including the processing of payments and other administrative services
with respect thereto), (c) cash management or related services (including controlled disbursements, automated clearinghouse
transactions, return items, netting, overdrafts, depository, lockbox, stop payment, electronic funds transfer, information reporting,
wire transfer and interstate depository network services) and (d) other banking, financial or treasury products or
services as may be requested by any Credit Party (other than letters of credit and other than loans and advances except Indebtedness
arising from services described in items (a) through (c) of this definition), including, for the avoidance of doubt, bank guarantees.

 

“Bank Products
Provider” shall mean any Term Loan Bank Products Provider, any Additional ABL Bank Products Provider or any Additional
Term Bank Products Provider, as applicable.

 

“Bankruptcy
Code” shall mean title 11 of the United States Code.

 

“Bankruptcy
Law” shall mean 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.

 

“Borrower” shall mean any
of the ABL Borrowers, the Term Loan Borrower and any Additional Borrower.

 

“Business Day”
shall mean a day other than a Saturday, Sunday or other day on which commercial banks in the City of New York are authorized or
required by law to close.

 

“Capital Stock”
shall mean any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation,
any and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants or options to purchase
any of the foregoing.

 

“Capitalized
Lease Obligation” shall mean an obligation that is required to be classified and accounted for as a capitalized lease
for financial reporting purposes in accordance with generally accepted accounting principles as in effect in the United States.

 

“Cash Collateral”
shall mean any Collateral consisting of Money or Cash Equivalents, any Security Entitlement and any Financial Assets.

 

    	 	16	 

     

    

 

“Cash Equivalents”
shall mean (1) money and (2) (a) securities issued or fully guaranteed or insured by the United
States of America, Canada, the United Kingdom, Switzerland or a member state of the European Union or any agency or instrumentality
of any thereof, (b) time deposits, certificates of deposit or bankers’ acceptances of (i) any ABL
Secured Party, any Term Loan Secured Party or any Additional Secured Party or any Affiliate thereof or (ii) any commercial
bank having capital and surplus in excess of $500,000,000 (or the foreign currency equivalent thereof as of the date of such investment)
and the commercial paper of the holding company of which 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 such time neither is issuing ratings, a comparable rating of another
nationally recognized rating agency), (c) repurchase obligations with a term of not more than seven days for underlying
securities of the types described in clauses (2)(a) and (b) above entered into with any financial institution meeting the qualifications
specified in clause (2)(b) above, (d) money market instruments, commercial paper or other short-term obligations 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 such time
neither is issuing ratings, a comparable rating of another nationally recognized rating agency), (e) investments in
money market funds subject to the risk limiting conditions of Rule 2a-7 or any successor rule of the Securities and Exchange Commission
under the Investment Company Act of 1940, as amended, (f) investment funds investing at least 90.0% of their assets in cash
equivalents of the types described in clauses (a) through (f) above (which funds may also hold reasonable amounts of cash pending
investment and/or distribution), (g) investments similar to any of the foregoing denominated in foreign currencies
approved by the board of directors of the Company Representative, and (h) solely with respect to any Captive Insurance
Subsidiary (as defined in the Original ABL Credit Agreement, whether or not then in effect), any investment that any such Person
is permitted to make in accordance with applicable law.

 

“Collateral”
shall mean all Property now owned or hereafter acquired by any Credit Party in or upon which a Lien is granted or purported to
be granted to the ABL Agent, the Term Loan Agent or any Additional Agent under any of the ABL Collateral Documents, the Term Loan
Collateral Documents or the Additional Collateral Documents, together with all rents, issues, profits, products, and Proceeds thereof
to the extent a Lien is granted or purported to be granted therein to the applicable Agent by such applicable documents.

 

“Commodities
Agreement” shall mean, in respect of a Person, any commodity futures contract, forward contract, option or similar agreement
or arrangement (including derivative agreements or arrangements), as to which such Person is a party or beneficiary.

 

“Company”
shall mean NCI Building Systems, Inc., a Delaware corporation, and any successor in interest thereto.

 

“Company Representative”
shall mean the Person most recently designated as “Borrower Representative” under the Original ABL Credit Agreement
or, if no such Person has been designated, the Company.

 

“Conforming
Plan of Reorganization” shall mean any Plan of Reorganization whose provisions are consistent with the provisions of
this Agreement.

 

“Control Collateral”
shall mean any Collateral consisting of any certificated Security, Investment Property, Deposit Account, Instruments, Chattel Paper
and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

 

    	 	17	 

     

    

 

“Copyright Licenses”
shall mean, with respect to any Credit Party, all United States written license agreements of such Credit Party providing for the
grant by or to such Credit Party of any right to use any United States copyright of such Credit Party, other than agreements with
any Person who is an Affiliate or a Subsidiary of the Company or such Credit Party, subject, in each case, to the terms of such
license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such
licenses.

 

“Copyrights”
shall mean, with respect to any Credit Party, all of such Credit Party’s right, title and interest in and to all United States
copyrights, whether or not the underlying works of authorship have been published or registered, United States copyright registrations
and copyright applications, and (i) all renewals thereof, (ii) all income, royalties, damages and payments
now or hereafter due and/or payable with respect thereto, including payments under all licenses entered into in connection therewith,
and damages and payments for past or future infringements thereof and (iii) the right to sue or otherwise recover for
past, present and future infringements and misappropriations thereof.

 

“Credit Documents”
shall mean the ABL Documents, the Term Loan Documents and any Additional Documents.

 

“Credit Facility”
shall mean the ABL Credit Agreement, the Term Loan Credit Agreement or any Additional Credit Facility, as applicable.

 

“Credit Parties”
shall mean the ABL Credit Parties, the Term Loan Credit Parties and any Additional Credit Parties.

 

“Currency Agreement”
shall mean, in respect of a Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangements
(including derivative agreements or arrangements), as to which such Person is a party or a beneficiary.

 

“Designated
Agent” shall mean any Additional Agent, any Term Loan Agent under any Term Loan Credit Agreement other than the Original
Term Loan Credit Agreement, or any ABL Agent under any ABL Credit Agreement other than the Original ABL Credit Agreement, in each
case that the Company Representative designates as a Designated Agent (as confirmed in writing by such Agent if such designation
is made subsequent to the joinder of such Agent to this Agreement), as and to the extent so designated. Such designation may be
for all purposes under this Agreement, or may be for one or more specified purposes thereunder or provisions thereof.

 

“DIP Financing”
shall have the meaning set forth in Section 6.1(a).

 

“DIP Offer”
shall have the meaning set forth in Section 6.1(c)(i).

 

“Discharge of
ABL Collateral Obligations” shall mean the Discharge of ABL Obligations and (if applicable) the Discharge of Additional
ABL Obligations for each Additional ABL Credit Facility.

 

“Discharge of
ABL Obligations” shall mean:

 

    	 	18	 

     

    

 

(a) the payment in full
in cash of the applicable ABL Obligations that are outstanding and unpaid at the time all Indebtedness under the applicable ABL
Credit Agreement is paid in full in cash, (i) including (if applicable), with respect to amounts available to be drawn
under outstanding letters of credit issued thereunder at such time (or indemnities or other undertakings issued pursuant thereto
in respect of outstanding letters of credit at such time), delivery or provision of cash or backstop letters of credit in respect
thereof in compliance with the terms of any such ABL Credit Agreement (which shall not exceed an amount equal to 101.5% of the
aggregate undrawn amount of such letters of credit) but (ii) excluding unasserted contingent indemnification or other
obligations under the applicable ABL Credit Agreement at such time; and

 

(b) the termination of
all then outstanding commitments to extend credit under the ABL Documents at such time.

 

“Discharge of
Additional ABL Obligations” shall mean if any Indebtedness shall at any time have been incurred under any Additional
ABL Credit Facility, with respect to each Additional ABL Credit Facility:

 

(a) the payment in full
in cash of the applicable Additional ABL Obligations that are outstanding and unpaid at the time all Additional ABL Indebtedness
under such Additional ABL Credit Facility is paid in full in cash (i) including (if applicable), with respect to amounts
available to be drawn under outstanding letters of credit issued thereunder (or indemnities or other undertakings issued pursuant
thereto in respect of outstanding letters of credit) delivery or provision of cash or backstop letters of credit in respect thereof
in compliance with the terms of any such Additional ABL Credit Facility (which shall not exceed an amount equal to 101.5% of the
aggregate undrawn amount of such letters of credit) but (ii) excluding unasserted contingent indemnification or other
obligations under the applicable Additional ABL Credit Facility at such time; and

 

(b) the termination of
all then outstanding commitments to extend credit under the Additional ABL Documents at such time.

 

“Discharge
of Additional Obligations” shall mean the Discharge of Additional ABL Obligations (if applicable) for each Additional
ABL Credit Facility and the Discharge of Additional Term Obligations (if applicable) for each Additional Term Credit Facility.

 

“Discharge of
Additional Term Obligations” shall mean if any Indebtedness shall at any time have been incurred under any Additional
Term Credit Facility, with respect to each Additional Term Credit Facility:

 

(a) the payment in full
in cash of the applicable Additional Term Obligations that are outstanding and unpaid at the time all Additional Term Indebtedness
under such Additional Term Credit Facility is paid in full in cash, (i) including (if applicable), with respect to
amounts available to be drawn under outstanding letters of credit issued thereunder at such time (or indemnities or other undertakings
issued pursuant thereto in respect of outstanding letters of credit at such time), delivery or provision of cash or backstop letters
of credit in respect thereof in compliance with the terms of any such Additional Term Credit Facility (which shall not exceed an
amount equal to 101.5% of the aggregate undrawn amount of such letters of credit) but (ii) excluding unasserted contingent
indemnification or other obligations under the applicable Additional Term Credit Facility at such time; and

 

    	 	19	 

     

    

 

(b) the termination of
all then outstanding commitments to extend credit under the Additional Term Documents at such time.

 

“Discharge of
Term Loan Collateral Obligations” shall mean the Discharge of Term Loan Obligations and (if applicable) the Discharge
of Additional Term Obligations for each Additional Term Credit Facility.

 

“Discharge of
Term Loan Obligations” shall mean:

 

(a) the payment in full
in cash of the applicable Term Loan Obligations that are outstanding and unpaid at the time all Indebtedness under the applicable
Term Loan Credit Agreement is paid in full in cash, (i) including (if applicable), with respect to amounts available
to be drawn under outstanding letters of credit issued thereunder at such time (or indemnities or other undertakings issued pursuant
thereto in respect of outstanding letters of credit at such time), delivery or provision of cash or backstop letters of credit
in respect thereof in compliance with the terms of any such Term Loan Credit Agreement (which shall not exceed an amount equal
to 101.5% of the aggregate undrawn amount of such letters of credit) but (ii)  excluding unasserted contingent indemnification
or other obligations under the applicable Term Loan Credit Agreement at such time; and

 

(b) the termination of
all then outstanding commitments to extend credit under the Term Loan Documents at such time.

 

“Disposition”
shall mean any sale, issuance, conveyance, transfer, lease or other disposition.

 

“Domestic Subsidiaries”
shall mean any Subsidiary of the Company that is not a Foreign Subsidiary.

 

“Event of Default”
shall mean an Event of Default under any ABL Credit Agreement, any Term Loan Credit Agreement or any Additional Credit Facility.

 

“Exercise Any
Secured Creditor Remedies” or “Exercise of Secured Creditor Remedies” shall mean:

 

(a)          the
taking of any action to enforce or realize upon any Lien, including the institution of any foreclosure proceedings or the noticing
of any public or private sale pursuant to Article 9 of the Uniform Commercial Code, or the taking of any action to enforce any
right or power to repossess, replevy, attach, garnish, levy upon or collect the Proceeds of any Lien;

 

(b)          the
exercise of any right or remedy provided to a secured creditor on account of a Lien under any of the Credit Documents, under applicable
law, by self-help repossession, by notification to account obligors of any Grantor, in an Insolvency Proceeding or otherwise, including
the election to retain any of the Collateral in satisfaction of a Lien;

 

    	 	20	 

     

    

 

(c)          the
taking of any action or the exercise of any right or remedy in respect of the collection on, set off against, marshalling of, injunction
respecting or foreclosure on the Collateral or the Proceeds thereof;

 

(d)          the
appointment of a receiver, receiver and manager or interim receiver of all or part of the Collateral;

 

(e)          the
sale, lease, license, or other disposition of all or any portion of the Collateral by private or public sale or any other means
permissible under applicable law;

 

(f)          the
exercise of any other right of a secured creditor under Part 6 of Article 9 of the Uniform Commercial Code;

 

(g)          the
exercise of any voting rights relating to any Capital Stock included in the Collateral; and

 

(h)          the
delivery of any notice, claim or demand relating to the Collateral to any Person (including any securities intermediary, depository
bank or landlord) in possession or control of any Collateral,

 

provided that
(i) filing a proof of claim or statement of interest in any Insolvency Proceeding, (ii) the acceleration
of the ABL Obligations, the Term Loan Obligations or any Additional Obligations, (iii) the establishment of borrowing
base and/or availability reserves, collateral, Accounts or Inventory ineligibles, or other conditions for advances, (iv) the
changing of advance rates or advance sub-limits, (v) the imposition of a default rate or late fee, (vi) the
collection and application (including pursuant to “cash dominion” provisions) of Accounts or other monies deposited
from time to time in Commodity Accounts, Deposit Accounts or Securities Accounts, in each case, against the ABL Obligations or
any Additional ABL Obligations pursuant to the provisions of the ABL Documents or any applicable Additional ABL Documents (including
the notification of account debtors, depositary institutions or any other Person to deliver proceeds of ABL Priority Collateral
to the ABL Agent or any applicable Additional ABL Agent), (vii) the cessation of lending pursuant to the provisions
of the ABL Documents, the Term Loan Documents or any applicable Additional Documents, including upon the occurrence of a default
on the existence of an over-advance, (viii) the consent by the ABL Agent to disposition by any Grantor of any of the
ABL Priority Collateral or the consent by the Term Loan Collateral Representative to disposition by any Grantor of any of the Term
Loan Priority Collateral or (ix) seeking adequate protection shall, in each case, not be deemed to be an Exercise of
Secured Creditor Remedies.

 

“Financing Lease”
shall mean any lease of property, real or personal, the obligations of the lessee in respect of which are required to be capitalized
on a balance sheet of the lessee in accordance with generally accepted accounting principles as in effect in the United States.

 

“Foreign Subsidiary”
shall mean any Subsidiary of the Company (a) that is organized under the laws of any jurisdiction outside of the United
States of America and any Subsidiary of such Foreign Subsidiary or (b) that is a Foreign Subsidiary Holdco. Any subsidiary
of the Company which is organized and existing under the laws of Puerto Rico or any other territory of the United States of America
shall be a Foreign Subsidiary.

 

    	 	21	 

     

    

 

“Foreign Subsidiary
Holdco” shall mean any Subsidiary of the Company, so long as such Subsidiary has no material assets other than securities
or indebtedness of one or more Foreign Subsidiaries (or Subsidiaries thereof), Intellectual Property relating to such Foreign Subsidiaries
(or Subsidiaries thereof), and/or other assets (including cash, Cash Equivalents and Temporary Cash Investments) relating to an
ownership interest in any such securities, indebtedness, Intellectual Property or Subsidiaries.

 

“General Intangibles”
shall mean all “general intangibles” as such term is defined in the Uniform Commercial Code including with respect
to any Credit Party, all contracts, agreements, instruments and indentures in any form, and portions thereof, to which such Credit
Party is a party or under which such Credit Party has any right, title or interest or to which such Credit Party or any property
of such Credit Party is subject, as the same may be amended, supplemented, waived or otherwise modified from time to time.

 

“Governmental
Authority” shall mean any nation or government, any state or other political subdivision thereof and any entity exercising
executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including the European
Union.

 

“Grantor”
shall mean any Grantor as defined in the ABL Collateral Documents or in the Term Loan Collateral Documents, as the context requires.

 

“Guarantor”
shall mean any of the ABL Guarantors, the Term Loan Guarantors and any Additional Guarantors.

 

“Hedging Affiliate”
shall mean any ABL Hedging Affiliate, any Term Loan Hedging Affiliate, any Additional ABL Hedging Affiliate or any Additional Term
Hedging Affiliate, as applicable.

 

“Hedging Agreement”
shall mean any Interest Rate Agreement, Commodities Agreement, Currency Agreement or any other credit or equity swap, collar, cap,
floor or forward rate agreement, or other agreement or arrangement designed to protect against fluctuations in interest rates or
currency, commodity, credit or equity values or creditworthiness (including any option with respect to any of the foregoing and
any combination of the foregoing agreements or arrangements), and any confirmation executed in connection with any such agreement
or arrangement.

 

“Hedging Provider”
shall mean any Additional ABL Hedging Provider, any Additional Term Hedging Provider or any Term Loan Hedging Provider, as applicable.

 

“Impairment”
shall (a) with respect to the Term Loan Collateral Obligations, have the meaning set forth in Section 2.1(e),
and (b) with respect to the ABL Collateral Obligations, have the meaning set forth in Section 2.1(f).

 

    	 	22	 

     

    

 

“Indebtedness”
shall mean, with respect to any Person at any date, (a) all indebtedness of such Person for borrowed money or for the
deferred purchase price of property (other than trade liabilities incurred in the ordinary course of business and payable in accordance
with customary practices), which purchase price is due more than one year after the date of placing such property in final service
or taking final delivery and title thereto, (b) any other indebtedness of such Person which is evidenced by a note,
bond, debenture or similar instrument, (c) all obligations of such Person under Financing Leases, (d) all
obligations of such Person in respect of letters of credit, bankers’ acceptances or other similar instruments issued or created
for the account of such Person, (e) all obligations of such Person in respect of interest rate protection agreements,
interest rate futures, interest rate options, interest rate caps and any other interest rate hedge arrangements, (f) all
indebtedness or obligations of the types referred to in the preceding clauses (a) through (e) to the extent secured by any Lien
on any property owned by such Person even though such Person has not assumed or otherwise become liable for the payment thereof
and (g) all guarantees by such Person of Indebtedness of other Persons, to the extent so guaranteed by such Person.

 

“Insolvency
Proceeding” shall mean (a) any case, action or proceeding before any court or other Governmental Authority
relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or
(b) any general assignment for the benefit of creditors, composition, marshalling of assets for creditors or other
similar arrangement in respect of its creditors generally or any substantial portion of its creditors; in each case covered by
clauses (a) and (b) undertaken under United States Federal, State or foreign law, including the Bankruptcy Code or other applicable
Bankruptcy Law.

 

“Intellectual
Property” shall mean, with respect to any Credit Party, the collective reference to such Credit Party’s Copyrights,
Copyright Licenses, Patents, Patent Licenses, Trade Secrets, Trade Secret Licenses, Trademarks and Trademark Licenses.

 

“Intercompany
Loans” shall mean any amounts owing by any Grantor to the Company or any of its Subsidiaries, whether or not evidenced
by a promissory note.

 

“Interest Rate
Agreement” shall mean, with respect to any Person, any interest rate protection agreement, future agreement, option agreement,
swap agreement, cap agreement, collar agreement, hedge agreement or other similar agreement or arrangement (including derivative
agreements or arrangements), as to which such Person is party or a beneficiary.

 

“Intervening
ABL Secured Party” shall have the meaning set forth in Section 4.1(h).

 

“Intervening
Term Creditor” shall have the meaning set forth in Section 4.1(h).

 

“Inventory”
shall have the meaning assigned in the Uniform Commercial Code as of the date hereof.

 

“Lien”
shall mean any mortgage, pledge, hypothecation, assignment for purposes of security, security deposit arrangement, encumbrance,
lien (statutory or other), charge or other security interest or any preference, priority or other security agreement or preferential
arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement and any Financing
Lease having substantially the same economic effect as any of the foregoing).

 

    	 	23	 

     

    

 

“Lien Priority”
shall mean, with respect to any Lien of the ABL Agent, the ABL Secured Parties, the Term Loan Agent, the Term Loan Secured Parties,
any Additional Agent or any Additional Secured Parties in the Collateral, the order of priority of such Lien as specified in Section 2.1.

 

“Management
Credit Provider” shall mean any ABL Management Credit Provider, Additional ABL Management Credit Provider, Additional
Term Management Credit Provider or Term Loan Management Credit Provider, as applicable.

 

“Management
Guarantee” shall have the meaning assigned to such term in (a) with respect to the ABL Obligations, the Original
ABL Credit Agreement (if the Original ABL Credit Agreement is then in effect), or in any other ABL Credit Agreement then in effect
(if the Original ABL Credit Agreement is not then in effect), (b) with respect to any Additional ABL Obligations, any
Additional ABL Credit Facility, (c) with respect to any Additional Term Obligations, any Additional Term Credit Facility,
and (d) with respect to the Term Loan Obligations, the Original Term Loan Credit Agreement (if the Original Term Loan
Credit Agreement is then in effect), or in any other Term Loan Credit Agreement then in effect (if the Original Term Loan Credit
Agreement is not then in effect).

 

“Matching DIP
Offer” shall have the meaning set forth in Section 6.1(c)(ii).

 

“Moody’s”
shall mean Moody’s Investors Service, Inc., and its successors.

 

“NCI
Group” shall mean NCI Group, Inc., a Nevada corporation, and any successor in interest thereto.

 

“Net Orderly
Liquidation Value” shall mean the orderly liquidation value (net of costs and expenses estimated to be incurred in connection
with such liquidation) of the ABL Credit Parties’ Inventory, that is estimated to be recoverable in an orderly liquidation
of such Inventory expressed as a percentage of the net book value thereof, such percentage to be as determined from time to time
by reference to the most recent Inventory appraisal completed by a third-party appraisal company and delivered to the ABL Agent
or Additional ABL Agent, as applicable.

 

“Non-Conforming
Plan of Reorganization” shall mean any Plan of Reorganization whose provisions are inconsistent with the provisions of
this Agreement, including any Plan of Reorganization that purports to re-order (whether by subordination, invalidation, or otherwise)
or otherwise disregard, in whole or part, the provisions of Article 2 (Lien Priorities), the provisions of Article 4 (Application
of Proceeds) or the provisions of Article 6 (Insolvency Proceedings).

 

“Original ABL
Credit Agreement” shall mean that certain ABL Credit Agreement, dated as of the date hereof, by and among the ABL Borrowers,
the Company, Wells Fargo Bank, National Association, as administrative agent, the ABL Credit Agreement Lenders and the ABL Agent,
as amended, supplemented, waived or otherwise modified from time to time.

 

    	 	24	 

     

    

 

“Original Term
Loan Credit Agreement” shall mean that certain Term Loan Credit Agreement, dated as of the date hereof, by and among
the Term Loan Borrower, Credit Suisse AG, Cayman Islands Branch, as administrative agent, the Term Loan Credit Agreement Lenders
and the Term Loan Agent, as amended, supplemented, waived or otherwise modified from time to time.

 

“Party”
shall mean the ABL Agent, the Term Loan Agent or any Additional Agent, and “Parties” shall mean all of the ABL
Agent, the Term Loan Agent and any Additional Agent.

 

“Patent Licenses”
shall mean, with respect to any Credit Party, all United States written license agreements of such Credit Party providing for the
grant by or to such Credit Party of any right under any United States patent, patent application, or patentable invention other
than agreements with any Person who is an Affiliate or a Subsidiary of the Company or such Credit Party, subject, in each case,
to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter
covered by such licenses.

 

“Patents”
shall mean, with respect to any Credit Party, all of such Credit Party’s right, title and interest in and to all United States
patents, patent applications and patentable inventions and all reissues and extensions thereof, including (i) all inventions
and improvements described and claimed therein, (ii) the right to sue or otherwise recover for any and all past, present
and future infringements and misappropriations thereof, (iii) all income, royalties, damages and other payments now
or hereafter due and/or payable with respect thereto (including payments under all licenses entered into in connection therewith,
and damages and payments for past, present or future infringements thereof), and (iv) all other rights corresponding
thereto in the United States and all reissues, divisions, continuations, continuations-in-part, substitutes, renewals, and extensions
thereof, all improvements thereon, and all other rights of any kind whatsoever of such Credit Party accruing thereunder or pertaining
thereto.

 

“Payment Collateral”
shall mean all Accounts, Instruments, Chattel Paper, Letter-Of-Credit Rights, Deposit Accounts (other than the Asset Sales Proceeds
Account), Securities Accounts, and Payment Intangibles, together with all Supporting Obligations, in each case composing a portion
of the Collateral.

 

“Person”
shall mean an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated
association, joint venture, Governmental Authority or other entity of whatever nature.

 

“Plan of Reorganization”
shall mean any plan of reorganization, plan of liquidation, agreement for composition, or other type of plan of arrangement proposed
in or in connection with any Insolvency Proceeding.

 

“Pledged Securities”
shall have the meaning set forth in the ABL Collateral Documents or in the Term Loan Collateral Documents, as the context requires.

 

    	 	25	 

     

    

 

“Preferred Stock”
as applied to the Capital Stock of any corporation means Capital Stock of any class or classes (however designated) that by its
terms is preferred as to the payment of dividends, or as to the distribution of assets upon any voluntary or involuntary liquidation
or dissolution of such corporation, over shares of Capital Stock of any other class of such corporation.

 

“Priority Collateral”
shall mean the ABL Priority Collateral or the Term Loan Priority Collateral.

 

“Proceeds”
shall mean (a) all “proceeds”, as such term is defined in Article 9 of the Uniform Commercial Code, with
respect to the Collateral, (b) whatever is recoverable or recovered when any Collateral is sold, exchanged, collected,
or disposed of, whether voluntarily or involuntarily and (c) in the case of Proceeds of Pledged Securities, all dividends
or other income from the Pledged Securities, collections thereon or distributions or payments with respect thereto.

 

“Property”
shall mean any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

 

“Proposed DIP”
shall have the meaning set forth in Section 6.1(c)(i).

 

“Purchase Money
Indebtedness” shall mean any Indebtedness incurred to finance or refinance the acquisition, leasing, construction or
improvement of property (real or personal) or assets, whether acquired through the direct acquisition of such property or assets
or the acquisition of the Capital Stock of any Person owning such property or assets, or otherwise.

 

“Real Property”
shall mean any right, title or interest in and to real property, including any fee interest, leasehold interest, easement, or license
and any other right to use or occupy real property.

 

“Requisite ABL
Holders” shall mean ABL Secured Parties and/or Additional ABL Secured Parties holding, in the aggregate, in excess of
50% of the aggregate ABL Collateral Exposure under the ABL Credit Agreement and any Additional ABL Credit Facility (other than
ABL Obligations and Additional ABL Obligations in respect of Bank Products Agreements, Hedging Agreements or Management Guarantees
at any time and for so long as there are any outstanding ABL Obligations and Additional Obligations in respect of the ABL Credit
Agreement or any Additional ABL Credit Facility); provided that:

 

(a)          if
the matter being consented to or the action being taken by the ABL Collateral Representative is the subordination of Liens to other
Liens, the consent to DIP Financing, or the consent to a sale of all or substantially all of the ABL Priority Collateral or (after
the Discharge of Term Loan Collateral Obligations) all or substantially all of the Collateral, then “Requisite ABL Holders”
shall mean those ABL Collateral Secured Parties necessary to validly consent to the requested action in accordance with the applicable
ABL Documents and Additional ABL Documents;

 

    	 	26	 

     

    

 

(b)          except
as may be separately otherwise agreed in writing by and between or among each Additional ABL Agent, on behalf of itself and the
Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties, if the
matter being consented to or the action being taken by the ABL Collateral Representative will affect the ABL Secured Parties in
a manner different and materially adverse relative to the manner such matter or action affects any Additional ABL Secured Parties
(except to the extent expressly set forth in this Agreement), then “Requisite ABL Holders” shall mean (1) Additional
ABL Secured Parties and/or ABL Secured Parties holding, in the aggregate, in excess of 50% of the aggregate ABL Collateral Exposure
under the ABL Credit Agreement and any Additional ABL Credit Facility (other than ABL Obligations and Additional ABL Obligations
in respect of Bank Products Agreements, Hedging Agreements or Management Guarantees at any time and for so long as there are any
outstanding ABL Obligations and Additional Obligations in respect of the ABL Credit Agreement or any Additional ABL Credit Facility)
and (2) ABL Secured Parties holding, in the aggregate, in excess of 50% of the ABL Collateral Exposure under the ABL
Credit Agreement (other than ABL Obligations in respect of Bank Products Agreements, Hedging Agreements or Management Guarantees
at any time and for so long as there are any outstanding ABL Obligations in respect of the ABL Credit Agreement); and

 

(c)          except
as may be separately otherwise agreed in writing by and between or among each Additional ABL Agent, on behalf of itself and the
Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties, if the
matter being consented to or the action being taken by the ABL Collateral Representative will affect any Additional ABL Agent or
the Additional ABL Secured Parties represented thereby in a manner different and materially adverse relative to the manner such
matter or action affects the ABL Secured Parties or the other Additional ABL Secured Parties (except to the extent expressly set
forth in this Agreement), then “Requisite ABL Holders” shall mean (1) Additional ABL Secured Parties and/or
ABL Secured Parties holding, in the aggregate, in excess of 50% of the aggregate ABL Collateral Exposure under the ABL Credit Agreement
and any Additional ABL Credit Facility (other than ABL Obligations and Additional ABL Obligations in respect of Bank Products Agreements,
Hedging Agreements or Management Guarantees at any time and for so long as there are any outstanding ABL Obligations and Additional
Obligations in respect of the ABL Credit Agreement or any Additional ABL Credit Facility) and (2) such Additional ABL
Agent and/or Additional ABL Secured Parties represented thereby holding, in the aggregate, in excess of 50% of the ABL Collateral
Exposure under the applicable Additional ABL Credit Facility or Facilities (other than Additional ABL Obligations in respect of
Bank Products Agreements, Hedging Agreements or Management Guarantees at any time and for so long as there are any outstanding
Additional ABL Obligations in respect of any Additional ABL Credit Facility).

 

“Requisite Term
Holders” shall mean Term Loan Secured Parties and/or Additional Term Secured Parties holding, in the aggregate, in excess
of 50% of the aggregate principal amount of any loans or notes included in the Term Loan Collateral Obligations (other than Term
Loan Collateral Obligations in respect of Bank Products Agreements, Hedging Agreements or Management Guarantees at any time and
for so long as there are any outstanding Term Loan Collateral Obligations in respect of the Term Loan Credit Agreement or any Additional
Term Credit Facility); provided that:

 

    	 	27	 

     

    

 

(a)          if
the matter being consented to or the action being taken by the Term Loan Collateral Representative is the subordination of Liens
to other Liens, the consent to DIP Financing, or the consent to a sale of all or substantially all of the Term Loan Priority Collateral
or (after the Discharge of ABL Collateral Obligations) all or substantially all of the Collateral, then “Requisite Term Holders”
shall mean those Term Loan Collateral Secured Parties necessary to validly consent to the requested action in accordance with the
applicable Term Loan Documents and Additional Term Documents;

 

(b)          except
as may be separately otherwise agreed in writing by and between or among each Additional Term Agent, on behalf of itself and the
Additional Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties,
if the matter being consented to or the action being taken by the Term Loan Collateral Representative will affect the Term Loan
Secured Parties in a manner different and materially adverse relative to the manner such matter or action affects any Additional
Term Secured Parties (except to the extent expressly set forth in this Agreement), then “Requisite Term Holders” shall
mean (1) Additional Term Secured Parties and/or Term Loan Secured Parties holding, in the aggregate, in excess of 50%
of the aggregate principal amount of the Term Loan Collateral Obligations (other than Term Loan Collateral Obligations in respect
of Bank Products Agreements, Hedging Agreements or Management Guarantees at any time and for so long as there are any outstanding
Term Loan Collateral Obligations in respect of the Term Loan Credit Agreement or any Additional Term Credit Facility) and (2) Term
Loan Secured Parties holding, in the aggregate, in excess of 50% of the aggregate principal amount of the Term Loan Obligations
(other than Term Loan Obligations in respect of Bank Products Agreements, Hedging Agreements or Management Guarantees at any time
and for so long as there are any outstanding Term Loan Obligations in respect of the Term Loan Credit Agreement); and

 

(c)          except
as may be separately otherwise agreed in writing by and between or among each Additional Term Agent, on behalf of itself and the
Additional Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties,
if the matter being consented to or the action being taken by the Term Loan Collateral Representative will affect any Additional
Term Agent or the Additional Term Secured Parties represented thereby in a manner different and materially adverse relative to
the manner such matter or action affects the Term Loan Secured Parties or the other Additional Term Secured Parties (except to
the extent expressly set forth in this Agreement), then “Requisite Term Holders” shall mean (1) Additional
Term Secured Parties and/or Term Loan Secured Parties holding, in the aggregate, in excess of 50% of the aggregate principal amount
of the Term Loan Collateral Obligations (other than Term Loan Collateral Obligations in respect of Bank Products Agreements, Hedging
Agreements or Management Guarantees at any time and for so long as there are any outstanding Term Loan Collateral Obligations in
respect of the Term Loan Credit Agreement or any Additional Term Credit Facility) and (2) such Additional Term Agent
and/or Additional Term Secured Parties represented thereby holding, in the aggregate, in excess of 50% of the aggregate principal
amount of the applicable Additional Term Obligations (other than Additional Term Obligations in respect of Bank Products Agreements,
Hedging Agreements or Management Guarantees at any time and for so long as there are any outstanding Additional Term Obligations
in respect of any Additional Term Credit Facility).

 

“Right of Last
Refusal” shall have the meaning set forth in Section 6.1(c)(i).

 

    	 	28	 

     

    

 

“Robertson”
shall mean Robertson-Ceco II Corporation, a Delaware corporation, and any successor in interest thereto.

 

“S&P”
shall mean Standard & Poor’s Financial Services LLC, a division of S&P Global, Inc., and its successors.

 

“Secured Parties”
shall mean the ABL Secured Parties, the Term Loan Secured Parties and the Additional Secured Parties.

 

“Series”
shall mean (a) with respect to the Term Loan Collateral Secured Parties, each of (i) the Term Loan Secured
Parties (in their capacities as such) and (ii) the Additional Term Secured Parties that become subject to this Agreement
after the date hereof that are represented by a common Additional Term Agent (in its capacity as such for such Additional Term
Secured Parties), (b) with respect to any Term Loan Collateral Obligations, each of (i) the Term Loan Obligations
and (ii) the Additional Term Obligations incurred pursuant to any Additional Term Credit Facility that is to be represented
by a common Additional Agent (in its capacity as such for such Additional Term Obligations), (c) with respect to the
ABL Collateral Secured Parties, each of (i) the ABL Secured Parties (in their capacities as such) and (ii) the
Additional ABL Secured Parties that become subject to this Agreement after the date hereof that are represented by a common Additional
ABL Agent (in its capacity as such for such Additional ABL Secured Parties) and (d) with respect to any ABL Collateral
Obligations, each of (i) the ABL Obligations and (ii) the Additional ABL Obligations incurred pursuant
to any Additional ABL Credit Facility that is to be represented by a common Additional Agent (in its capacity as such for such
Additional ABL Obligations).

 

“Subsidiary”
shall mean, as to any Person, a corporation, partnership, limited liability company, or other entity (a) of which shares
of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such
power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such
corporation, partnership, limited liability company or other entity are at the time owned by such Person, or (b) the
management of which is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by such Person
and, in the case of this clause (b), which is treated as a consolidated subsidiary for accounting purposes.

 

    	 	29	 

     

    

 

“Temporary Cash
Investments” shall mean any of the following: (i) any investment in (x) direct obligations of
the United States of America, Canada, the United Kingdom, Switzerland, a member state of the European Union or any country in whose
currency funds are being held pending their application in the making of an investment or capital expenditure by the Company or
a Subsidiary in that country or with such funds, or any agency or instrumentality of any thereof or obligations guaranteed by the
United States of America, Canada, the United Kingdom, Switzerland or a member state of the European Union or any country in whose
currency funds are being held pending their application in the making of an investment or capital expenditure by the Company or
a Subsidiary in that country or with such funds, or any agency or instrumentality of any of the foregoing, or obligations guaranteed
by any of the foregoing or (y) direct obligations of any foreign country recognized by the United States of America
rated at least “A” by S&P or “A-1” by Moody’s (or, in either case, the equivalent of such rating
by such organization or, if no rating of S&P or Moody’s then exists, the equivalent of such rating by any nationally
recognized rating organization), (ii) overnight bank deposits, and investments in time deposit accounts, certificates
of deposit, bankers’ acceptances and money market deposits (or, with respect to foreign banks, similar instruments) maturing
not more than one year after the date of acquisition thereof issued by (x) any bank or other institutional lender under
the ABL Credit Agreement, the Term Loan Credit Agreement or any Additional Credit Facility or any affiliate thereof or (y) a
bank or trust company that is organized under the laws of the United States of America, any state thereof or any foreign country
recognized by the United States of America having capital and surplus aggregating in excess of $250,000,000 (or the foreign currency
equivalent thereof) and whose long term debt is rated at least “A” by S&P or “A-1” by Moody’s
(or, in either case, the equivalent of such rating by such organization or, if no rating of S&P or Moody’s then exists,
the equivalent of such rating by any nationally recognized rating organization) at the time such investment is made, (iii)
repurchase obligations with a term of not more than 30 days for underlying securities or instruments of the types described in
clause (i) or (ii) above entered into with a bank meeting the qualifications described in clause (ii) above, (iv) investments
in commercial paper, maturing not more than 270 days after the date of acquisition, issued by a Person (other than that of the
Company or any of its Subsidiaries), with a rating at the time as of which any investment therein is made of “P-2”
(or higher) according to Moody’s or “A-2” (or higher) according to S&P (or, in either case, the equivalent
of such rating by such organization or, if no rating of S&P or Moody’s then exists, the equivalent of such rating by
any nationally recognized rating organization), (v) investments in securities maturing not more than one year after
the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States of America, or
by any political subdivision or taxing authority thereof, and rated at least “A” by S&P or “A” by Moody’s
(or, in either case, the equivalent of such rating by such organization or, if no rating of S&P or Moody’s then exists,
the equivalent of such rating by any nationally recognized rating organization), (vi) Indebtedness or Preferred Stock
(other than of the Company or any of its Subsidiaries) having a rating of “A” or higher by S&P or “A2”
or higher by Moody’s (or, in either case, the equivalent of such rating by such organization or, if no rating of S&P
or Moody’s then exists, the equivalent of such rating by any nationally recognized rating organization), (vii) investment
funds investing at least 95.0% of their assets in securities of the type described in clauses (i) through (vi) above (which funds
may also hold reasonable amounts of cash pending investment and/or distribution), (viii) any money market deposit accounts
issued or offered by a domestic commercial bank or a commercial bank organized and located in a country recognized by the United
States of America, in each case, having capital and surplus in excess of $250,000,000 (or the foreign currency equivalent thereof),
or investments in money market funds subject to the risk limiting conditions of Rule 2a-7 (or any successor rule) of the Securities
and Exchange Commission under the Investment Company Act of 1940, as amended and (ix) similar investments approved
by the board of directors of the Company Representative in the ordinary course of business.

 

“Term Loan Agent”
shall mean Credit Suisse AG, Cayman Islands Branch, as collateral agent under the Original Term Loan Credit Agreement, together
with its successors and assigns in such capacity from time to time, whether under the Original Term Loan Credit Agreement or any
subsequent Term Loan Credit Agreement, as well as any Person designated as the “Agent” or “Collateral
Agent” under any Term Loan Credit Agreement.

 

    	 	30	 

     

    

 

“Term Loan Bank
Products Affiliate” shall mean any Person who (a) has entered into a Bank Products Agreement with a Term
Loan Credit Party with the obligations of such Term Loan Credit Party thereunder being secured by one or more Term Loan Collateral
Documents, (b) was a Term Loan Agent or a Term Loan Credit Agreement Lender or an Affiliate of a Term Loan Agent or
a Term Loan Credit Agreement Lender, in each case, at the time of entry into such Bank Products Agreement, or on or prior to June
30, 2018, or at the time of the designation referred to in the following clause (c), and (c) has been designated by
the Company Representative in accordance with the terms of one or more Term Loan Collateral Documents (provided that no Person
shall, with respect to any Bank Products Agreement, be at any time a Bank Products Affiliate hereunder with respect to more than
one Credit Facility).

 

“Term Loan Bank
Products Provider” shall mean any Person (other than a Term Loan Bank Products Affiliate) that has entered into a Bank
Products Agreement with a Term Loan Credit Party with the obligations of such Term Loan Credit Party thereunder being secured by
one or more Term Loan Collateral Documents, as designated by the Company Representative in accordance with the terms of one or
more Term Loan Collateral Documents (provided that no Person shall, with respect to any Bank Products Agreement, be at any time
a Bank Products Provider hereunder with respect to more than one Credit Facility).

 

“Term Loan Borrower”
shall mean the Company, in its capacity as a borrower under the Term Loan Credit Agreement, together with its successors and assigns.

 

“Term Loan Collateral
Documents” shall mean all “Security Documents” as defined in the Original Term Loan Credit Agreement,
and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection
with any Term Loan Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing
any Term Loan Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may
be amended, supplemented, waived or otherwise modified from time to time.

 

“Term Loan Collateral
Intercreditor Agreement” shall mean an intercreditor agreement substantially in the Form of Exhibit L to the Original
Term Loan Credit Agreement as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance
with the terms thereof.

 

“Term Loan Collateral
Obligations” shall mean the Term Loan Obligations and any Additional Term Obligations.

 

“Term Loan Collateral
Representative” shall mean the Term Loan Agent acting for the Term Loan Collateral Secured Parties, unless the principal
amount of Additional Term Obligations under any Additional Term Credit Facility exceeds the principal amount of Term Loan Obligations
under the Term Loan Credit Agreement, and in such case (unless otherwise agreed in writing between the Term Loan Agent and any
Additional Term Agent or after the Discharge of Term Loan Obligations, between any Additional Term Agents), the Additional Term
Agent under such Additional Term Credit Facility (or, if there is more than one such Additional Term Credit Facility, the Additional
Term Credit Facility under which the greatest principal amount of Additional Term Obligations is outstanding at the time) acting
for the Term Loan Collateral Secured Parties. In addition, in the event that any Additional Term Agent subordinates its security
interest in any Term Loan Priority Collateral to the security interest of the ABL Agent or any Additional ABL Agent as permitted
by Sections 2.1(a)(6) and 2.1(a)(8) or which otherwise has an Impairment with respect to all or substantially all
of the Term Loan Priority Collateral then such Additional Term Agent shall not serve as Term Loan Collateral Representative (unless
(x) the Discharge of Term Loan Obligations has occurred and (y) either such Additional Term Agent is the
only Additional Term Agent or each other Additional Term Agent has similarly subordinated its security interest) and, in such event
the Term Loan Collateral Representative will be selected as if the disqualified Additional Term Agent and the Additional Term Obligations
represented thereby did not exist.

 

    	 	31	 

     

    

 

“Term Loan Collateral
Secured Parties” shall mean the Term Loan Secured Parties and any Additional Term Secured Parties.

 

“Term Loan Credit
Agreement” shall mean (i) if the Original Term Loan Credit Agreement is then in effect, the Original Term
Loan Credit Agreement and (ii) thereafter, if designated by the Company Representative, any other credit agreement,
loan agreement, note agreement, promissory note, indenture or other agreement or instrument evidencing or governing the terms of
any indebtedness or other financial accommodation that complies with clause (1) of the definition of “Additional Indebtedness”
and has been incurred to refund, refinance, restructure, replace, renew, repay, increase or extend (whether in whole or in part
and whether with the original agent and creditors or other agents and creditors or otherwise) the indebtedness and other obligations
outstanding under (x) the Original Term Loan Credit Agreement or (y) any subsequent Term Loan Credit Agreement
(in each case, as amended, supplemented, waived or otherwise modified from time to time); provided, that the requisite creditors
party to such Term Loan Credit Agreement (or their agent or other representative on their behalf) shall agree, by a joinder agreement
substantially in the form of Exhibit C attached hereto or otherwise in form and substance reasonably satisfactory to any
Additional Agent (other than any Designated Agent) (or, if there is no continuing Agent other than the Term Loan Agent and any
Designated Agent, as designated by the Company Representative), that the obligations under such Term Loan Credit Agreement are
subject to the terms and provisions of this Agreement. Any reference to the Term Loan Credit Agreement shall be deemed a reference
to any Term Loan Credit Agreement then in existence.

 

“Term Loan Credit
Agreement Lenders” shall mean the lenders, debtholders and other creditors party from time to time to the Term Loan Credit
Agreement, together with their successors, assigns and transferees, as well as any Person designated as a “Term Loan Credit
Agreement Lender” under any Term Loan Credit Agreement.

 

“Term Loan Credit
Parties” shall mean the Term Loan Borrower, the Term Loan Guarantors and each other direct or indirect Subsidiary of
the Company or any of its Affiliates that is now or hereafter becomes a party to any Term Loan Document.

 

    	 	32	 

     

    

 

“Term Loan Documents”
shall mean the Term Loan Credit Agreement, the Term Loan Guarantees, the Term Loan Collateral Documents, any Bank Products Agreements
between any Term Loan Credit Party and any Term Loan Bank Products Affiliate or any Term Loan Bank Products Provider, any Hedging
Agreements between any Term Loan Credit Party and any Term Loan Hedging Affiliate or any Term Loan Hedging Provider, any Management
Guarantee in favor of a Term Loan Management Credit Provider designated in respect of any Term Loan Collateral Document, and those
other ancillary agreements as to which the Term Loan Agent or any Term Loan Secured Party is a party or a beneficiary and all other
agreements, instruments, documents and certificates, now or hereafter executed by or on behalf of any Term Loan Credit Party or
any of its respective Subsidiaries or Affiliates, and delivered to the Term Loan Agent, in connection with any of the foregoing
or any Term Loan Credit Agreement, in each case as the same may be amended, supplemented, waived or otherwise modified from time
to time.

 

“Term Loan Guarantees”
shall mean that certain guarantee agreement dated as of the date hereof by the Term Loan Guarantors in favor of the Term Loan Agent,
and all other guarantees of any Term Loan Obligations of any Term Loan Credit Party by any other Term Loan Credit Party in favor
of any Term Loan Secured Party, in each case as amended, supplemented, waived or otherwise modified from time to time.

 

“Term Loan Guarantors”
shall mean the collective reference to each of the Company’s Domestic Subsidiaries that is a guarantor under any of the Term
Loan Guarantees and any other Person who becomes a guarantor under any of the Term Loan Guarantees, in each case unless and until
released from its guarantee obligations.

 

“Term Loan Hedging
Affiliate” shall mean any Person who (a) has entered into a Hedging Agreement with a Term Loan Credit Party
with the obligations of such Term Loan Credit Party thereunder being secured by one or more Term Loan Collateral Documents, (b) was
a Term Loan Agent or a Term Loan Credit Agreement Lender or an Affiliate of a Term Loan Agent or a Term Loan Credit Agreement Lender,
in each case, at the time of entry into such Hedging Agreement, or on or prior to June 30, 2018, or at the time of the designation
referred to in the following clause (c), and (c) has been designated by the Company Representative in accordance with
the terms of one or more Term Loan Collateral Documents (provided that no Person shall, with respect to any Hedging Agreement,
be at any time a Hedging Affiliate hereunder with respect to more than one Credit Facility).

 

“Term Loan Hedging
Provider” shall mean any Person (other than a Term Loan Hedging Affiliate) that has entered into a Hedging Agreement
with a Term Loan Credit Party with the obligations of such Term Loan Credit Party thereunder being secured by one or more Term
Loan Collateral Documents, as designated by the Company Representative in accordance with the terms of one or more Term Loan Collateral
Documents (provided that no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Provider hereunder with
respect to more than one Credit Facility).

 

“Term Loan Management
Credit Provider” shall mean any Person who (a) is a beneficiary of a Management Guarantee provided by a Term
Loan Credit Party, with the obligations of the applicable Term Loan Credit Party thereunder being secured by one or more Term Loan
Collateral Documents and (b) has been designated by the Company Representative in accordance with the terms of one
or more Term Loan Collateral Documents (provided that no Person shall, with respect to any Management Guarantee, be at any time
a Management Credit Provider with respect to more than one Credit Facility).

 

    	 	33	 

     

    

 

“Term Loan Obligations”
shall mean any and all loans and all other obligations, liabilities and indebtedness of every kind, nature and description, whether
now existing or hereafter arising, whether arising before, during or after the commencement of any case with respect to any Term
Loan Credit Party under the Bankruptcy Code or any other Insolvency Proceeding, owing by each Term Loan Credit Party from time
to time to the Term Loan Agent, the “administrative agent” or “agent” under the Term Loan Credit Agreement,
the Term Loan Credit Agreement Lenders or any of them, including any Term Loan Bank Products Affiliates, any Term Loan Hedging
Affiliates, any Term Loan Bank Products Providers, any Term Loan Hedging Providers, or any Term Loan Management Credit Providers,
under any Term Loan Document, whether for principal, interest (including interest, fees and expenses which, but for the commencement
of an Insolvency Proceeding with respect to such Term Loan Credit Party, would have accrued on any Term Loan Obligation, whether
or not a claim is allowed against such Term Loan Credit Party for such interest, fees and expenses in the related Insolvency Proceeding),
reimbursement for amounts drawn under letters of credit, payments for early termination of Hedging Agreements, fees, expenses,
indemnification or otherwise, and all other amounts owing or due under the terms of the Term Loan Documents, as amended, restated,
modified, renewed, refunded, replaced or refinanced in whole or in part from time to time, including all “Obligations”,
as defined in the Original Term Loan Credit Agreement.

 

“Term Loan Priority
Collateral” shall mean all Collateral, other than the ABL Priority Collateral, including all Real Property, Equipment,
Intellectual Property and Capital Stock of the direct or indirect Subsidiaries of the Company, collateral security and guarantees
with respect to any Term Loan Priority Collateral and all cash, Money, instruments, securities, financial assets and deposit accounts
directly received as Proceeds of any Term Loan Priority Collateral (such Proceeds, “Term Loan Priority Proceeds”);
provided, however, no Proceeds of Term Loan Priority Proceeds will constitute Term Loan Priority Collateral unless
such Proceeds of Term Loan Priority Proceeds would otherwise constitute Term Loan Priority Collateral or are credited to any Asset
Sales Proceeds Account, provided, further that under no circumstance shall Excluded Assets (as defined in the next
succeeding sentence) be Term Loan Priority Collateral. As used in this definition of “Term Loan Priority Collateral”,
the term “Excluded Assets” shall have the meaning provided (x) prior to the Discharge of Term Loan
Obligations, in the Original Term Loan Credit Agreement (if the Original Term Loan Credit Agreement is then in effect), or in any
other Additional Term Credit Facility then in effect (if the Original Term Loan Credit Agreement is not then in effect) or the
Term Loan Collateral Documents relating thereto, and (y) from and after the Discharge of Term Loan Obligations, in
the applicable Additional Term Credit Facility then in effect which is designated as applicable for the purposes of this definition
or the Additional Term Collateral Documents relating thereto.

 

“Term Loan Priority
Collateral Documents” shall mean the Term Loan Documents and any Additional Term Documents, as applicable.

 

“Term Loan Priority
Proceeds” shall have the meaning set forth in the definition of Term Loan Priority Collateral in this Agreement.

 

“Term Loan Recovery”
shall have the meaning set forth in Section 5.3(b).

 

    	 	34	 

     

    

 

“Term Loan Secured
Parties” shall mean the Term Loan Agent, all Term Loan Credit Agreement Lenders, all Term Loan Bank Products Affiliates,
all Term Loan Bank Products Providers, all Term Loan Hedging Affiliates, all Term Loan Hedging Providers and all Term Loan Management
Credit Providers, and all successors, assigns, transferees and replacements thereof, as well as any Person designated as a “Term
Loan Secured Party” under any Term Loan Credit Agreement.

 

“Trade Secret
Licenses” shall mean, with respect to any Credit Party, all United States written license agreements of such Credit Party
providing for the grant by or to such Credit Party of any right under any United States trade secrets, including know-how, processes,
formulae, compositions, designs, and confidential business and technical information, and all rights of any kind whatsoever accruing
thereunder or pertaining thereto, other than agreements with any Person who is an Affiliate or a Subsidiary of the Company or such
Credit Party, subject, in each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise
for sale, all Inventory now or hereafter covered by such licenses.

 

“Trade Secrets”
shall mean, with respect to any Credit Party, all of such Credit Party’s right, title and interest in and to all United States
trade secrets, including know-how, processes, formulae, compositions, designs, and confidential business and technical information,
and all rights of any kind whatsoever accruing thereunder or pertaining thereto, including (i) all income, royalties,
damages and payments now or hereafter due and/or payable with respect thereto, including payments under all licenses, non-disclosure
agreements and memoranda of understanding entered into in connection therewith, and damages and payments for past or future misappropriations
thereof, and (ii) the right to sue or otherwise recover for past, present or future misappropriations thereof.

 

“Trademark Licenses”
shall mean, with respect to any Credit Party, all United States written license agreements of such Credit Party providing for the
grant by or to such Credit Party of any right under any United States trademarks, service marks, trade names, trade dress or other
indicia of trade origin or business identifiers, other than agreements with any Person who is an Affiliate or a Subsidiary of the
Company or such Credit Party, subject, in each case, to the terms of such license agreements, and the right to prepare for sale,
sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

 

“Trademarks”
shall mean, with respect to any Credit Party, all of such Credit Party’s right, title and interest in and to all United States
trademarks, service marks, trade names, trade dress or other indicia of trade origin or business identifiers, trademark and service
mark registrations, and applications for trademark or service mark registrations (except for “intent to use” applications
for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, unless and
until an Amendment to Allege Use or a Statement of Use under Sections 1(c) and 1(d) of said Act has been filed, it being understood
and agreed that the carve out in this parenthetical shall be applicable only if and for so long as a grant or enforcement of a
security interest in such intent to use application would invalidate or otherwise jeopardize such Credit Party’s rights therein
or in the resulting registration), and any renewals thereof, including (i) the right to sue or otherwise recover for
any and all past, present and future infringements or dilutions thereof, (ii) all income, royalties, damages and other
payments now or hereafter due and/or payable with respect thereto (including payments under all licenses entered into in connection
therewith, and damages and payments for past or future infringements thereof), and (iii) all other rights corresponding
thereto and all other rights of any kind whatsoever of such Credit Party accruing thereunder or pertaining thereto in the United
States, together in each case with the goodwill of the business connected with the use of, and symbolized by, each such trademark,
service mark, trade name, trade dress or other indicia of trade origin or business identifiers.

 

    	 	35	 

     

    

 

“Uniform Commercial
Code” shall mean the Uniform Commercial Code as the same may, from time to time, be in effect in the State of New York;
provided that to the extent that the Uniform Commercial Code is used to define any term in any security document and such
term is defined differently in differing Articles of the Uniform Commercial Code, the definition of such term contained in Article
9 shall govern; provided, further, that in the event that, by reason of mandatory provisions of law, any or all of
the attachment, perfection, publication or priority of, or remedies with respect to, Liens of any Party is governed by the Uniform
Commercial Code or foreign personal property security laws as enacted and in effect in a jurisdiction other than the State of New
York, the term “Uniform Commercial Code” will mean the Uniform Commercial Code or such foreign personal property
security laws as enacted and in effect in such other jurisdiction solely for purposes of the provisions thereof relating to such
attachment, perfection, priority or remedies and for purposes of definitions related to such provisions.

 

Section 1.3 Rules
of Construction. Unless the context of this Agreement clearly requires otherwise, references to the plural include the singular,
references to the singular include the plural, the term “including” is not limiting, and the term “or”
has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof”,
“herein”, “hereby”, “hereunder” and similar terms in this Agreement refer to this Agreement
as a whole and not to any particular provision of this Agreement. Article, section, subsection, clause, schedule, and exhibit references
herein are to this Agreement unless otherwise specified. Any reference in this Agreement to any agreement, instrument, or document
shall include all alterations, amendments, changes, extensions, modifications, refinancings, renewals, replacements, restatements,
substitutions, joinders, and supplements thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments,
changes, extensions, modifications, refinancings, renewals, replacements, restatements, substitutions, joinders, and supplements
set forth herein). Any reference herein to any Person shall be construed to include such Person’s successors and assigns,
and any reference herein to a Person acting in a particular capacity shall be construed to include such Person’s successors
and assigns in that capacity. Any reference herein to the repayment in full of an obligation shall mean the payment in full in
cash of such obligation, or in such other manner as may be approved in writing by the requisite holders or representatives in respect
of such obligation.

 

    	 	36	 

     

    

 

ARTICLE 2

 

Lien Priority

 

Section 2.1 Agreement
to Subordinate. (a) Notwithstanding (i) the date, time, method, manner, or order of grant, attachment, or perfection
(including any defect or deficiency or alleged defect or deficiency in any of the foregoing) of any Liens granted to the ABL Agent
or the ABL Secured Parties in respect of all or any portion of the Collateral, or of any Liens granted to the Term Loan Agent or
the Term Loan Secured Parties in respect of all or any portion of the Collateral, or of any Liens granted to any Additional Agent
or any Additional Secured Parties in respect of all or any portion of the Collateral, and regardless of how any such Lien was acquired
(whether by grant, statute, operation of law, subrogation or otherwise), (ii) the order or time of filing or recordation
of any document or instrument for perfecting the Liens in favor of the ABL Agent, the Term Loan Agent or any Additional Agent (or
the ABL Secured Parties, the Term Loan Secured Parties or any Additional Secured Parties) in any Collateral, (iii) any
provision of the Uniform Commercial Code, the Bankruptcy Code or any other applicable law, or of the ABL Documents, the Term Loan
Documents or any Additional Documents, (iv) whether the ABL Agent, the Term Loan Agent or any Additional Agent, in
each case, either directly or through agents, holds possession of, or has control over, all or any part of the Collateral, (v) the
fact that any such Liens in favor of the ABL Agent or the ABL Secured Parties, the Term Loan Agent or the Term Loan Secured Parties
or any Additional Agent or any Additional Secured Parties securing any of the ABL Obligations, the Term Loan Obligations or any
Additional Obligations, respectively, are (x) subordinated to any Lien securing any obligation of any Credit Party
other than the Term Loan Obligations or any Additional Term Obligations (in the case of the ABL Obligations and any Additional
ABL Obligations) or the ABL Obligations or any Additional ABL Obligations (in the case of the Term Loan Obligations or any Additional
Term Obligations), respectively, or (y) otherwise subordinated, voided, avoided, invalidated or lapsed or (vi) any
other circumstance of any kind or nature whatsoever, the ABL Agent, on behalf of itself and the ABL Secured Parties, the Term Loan
Agent, on behalf of itself and the Term Loan Secured Parties, and any Additional Agent, on behalf of itself and any Additional
Secured Parties represented thereby, hereby agree that:

 

(1)         any
Lien in respect of all or any portion of the ABL Priority Collateral now or hereafter held by or on behalf of the Term Loan Agent
or any Term Loan Secured Party that secures all or any portion of the Term Loan Obligations, and any Lien in respect of all or
any portion of the ABL Priority Collateral now or hereafter held by or on behalf of any Additional Term Agent or any Additional
Term Secured Party that secures all or any portion of the Additional Term Obligations, shall in all respects be junior and subordinate
to all Liens granted to the ABL Agent or the ABL Secured Parties in the ABL Priority Collateral to secure all or any portion of
the ABL Obligations;

 

(2)         any
Lien in respect of all or any portion of the ABL Priority Collateral now or hereafter held by or on behalf of the Term Loan Agent
or any Term Loan Secured Party that secures all or any portion of the Term Loan Obligations, and any Lien in respect of all or
any portion of the ABL Priority Collateral now or hereafter held by or on behalf of any Additional Term Agent or any Additional
Term Secured Party that secures all or any portion of the Additional Term Obligations, shall in all respects be junior and subordinate
to all Liens granted to any Additional ABL Agent or any Additional ABL Secured Parties in the ABL Priority Collateral to secure
all or any portion of any Additional ABL Obligations (except as may be separately otherwise agreed in writing by and between such
Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and (x) the Term Loan
Agent, on behalf of itself and the Term Loan Secured Parties, and (y) such Additional Term Agent, on behalf of itself and
the Additional Term Secured Parties represented thereby, as the case may be);

 

    	 	37	 

     

    

 

(3)         any
Lien in respect of all or any portion of the ABL Priority Collateral now or hereafter held by or on behalf of the ABL Agent or
any ABL Secured Party that secures all or any portion of the ABL Obligations shall in all respects be senior and prior to (x)
all Liens granted to the Term Loan Agent or any Term Loan Secured Party in the ABL Priority Collateral to secure all or any portion
of the Term Loan Obligations and (y) all Liens granted to any Additional Term Agent or any Additional Term Secured Parties
in the ABL Priority Collateral to secure all or any portion of the Additional Term Obligations;

 

(4)         any
Lien in respect of all or any portion of the ABL Priority Collateral now or hereafter held by or on behalf of any Additional ABL
Agent or any Additional ABL Secured Party that secures all or any portion of any Additional ABL Obligations shall in all respects
be senior and prior to (x) all Liens granted to the Term Loan Agent or any Term Loan Secured Party in the ABL Priority
Collateral to secure all or any portion of the Term Loan Obligations and (y) all Liens granted to any Additional Term
Agent or any Additional Term Secured Parties in the ABL Priority Collateral to secure all or any portion of the Additional Term
Obligations (except in the case of either clause (x) or (y) as may be separately otherwise agreed in writing by and between such
Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and (i) the Term Loan
Agent, on behalf of itself and the Term Loan Secured Parties, or (ii) such Additional Term Agent, on behalf of itself and
the Additional Term Secured Parties represented thereby, as the case may be);

 

(5)         any
Lien in respect of all or any portion of the Term Loan Priority Collateral now or hereafter held by or on behalf of the ABL Agent
or any ABL Secured Party that secures all or any portion of the ABL Obligations, and any Lien in respect of all or any portion
of the Term Loan Priority Collateral now or hereafter held by or on behalf of any Additional ABL Agent or any Additional ABL Secured
Party that secures all or any portion of the Additional ABL Obligations, shall in all respects be junior and subordinate to all
Liens granted to the Term Loan Agent or the Term Loan Secured Parties in the Term Loan Priority Collateral to secure all or any
portion of the Term Loan Obligations;

 

(6)         any
Lien in respect of all or any portion of the Term Loan Priority Collateral now or hereafter held by or on behalf of the ABL Agent
or any ABL Secured Party that secures all or any portion of the ABL Obligations, and any Lien in respect of all or any portion
of the Term Loan Priority Collateral now or hereafter held by or on behalf of any Additional ABL Agent or any Additional ABL Secured
Party that secures all or any portion of the Additional ABL Obligations, shall in all respects be junior and subordinate to all
Liens granted to any Additional Term Agent or any Additional Term Secured Parties in the Term Loan Priority Collateral to secure
all or any portion of any Additional Term Obligations (except as may be separately otherwise agreed in writing by and between such
Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and (x) the
ABL Agent, on behalf of itself and the ABL Secured Parties, and (y) such Additional ABL Agent, on behalf of itself
and the Additional ABL Secured Parties represented thereby, as the case may be);

 

    	 	38	 

     

    

 

(7)         any
Lien in respect of all or any portion of the Term Loan Priority Collateral now or hereafter held by or on behalf of the Term Loan
Agent or any Term Loan Secured Party that secures all or any portion of the Term Loan Obligations shall in all respects be senior
and prior to (x) all Liens granted to the ABL Agent or any ABL Secured Party in the Term Loan Priority Collateral to secure
all or any portion of the ABL Obligations and (y) all Liens granted to any Additional ABL Agent or any Additional ABL Secured
Parties in the Term Loan Priority Collateral to secure all or any portion of the Additional ABL Obligations;

 

(8)         any
Lien in respect of all or any portion of the Term Loan Priority Collateral now or hereafter held by or on behalf of any Additional
Term Agent or any Additional Term Secured Party that secures all or any portion of the Additional Term Obligations shall in all
respects be senior and prior to (x) all Liens granted to the ABL Agent or any ABL Secured Party in the Term Loan Priority
Collateral to secure all or any portion of the ABL Obligations and (y) all Liens granted to any Additional ABL Agent
or any Additional ABL Secured Parties in the Term Loan Priority Collateral to secure all or any portion of the Additional ABL Obligations
(except in the case of either clause (x) or (y) as may be separately otherwise agreed in writing by and between such Additional
Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and (i) the ABL Agent,
on behalf of itself and the ABL Secured Parties, or (ii) such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, as the case may be);

 

(9)         any Lien in respect of all or any portion of the
Collateral now or hereafter held by or on behalf of any Additional ABL Agent or any Additional ABL Secured Party that secures all
or any portion of the Additional ABL Obligations shall in all respects be pari passu and equal in priority with any Lien
in respect of all or any portion of the Collateral now or hereafter held by or on behalf of the ABL Agent or any ABL Secured Party
that secures all or any portion of the ABL Obligations (except as may be separately otherwise agreed in writing by and between
such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on
behalf of itself and the ABL Secured Parties); provided, however, that notwithstanding the foregoing, if any Additional
ABL Agent and any Additional ABL Secured Party subordinates itself to any of the Term Loan Agent, the Term Secured Parties, any
Additional Term Agent or any Additional Tem Secured Parties with respect to any Term Loan Priority Collateral in a separate writing
as permitted by paragraphs (2) and (4) of this Section 2.1(a) then such Additional ABL Agent and Additional ABL Secured
Parties shall not be pari passu with the ABL Agent and ABL Secured Parties with respect to any ABL Priority Collateral so
subordinated but rather shall be junior and subordinate to the ABL Agent and ABL Secured Parties with respect to such Term Loan
Priority Collateral;

 

    	 	39	 

     

    

 

(10)        any
Lien in respect of all or any portion of the Collateral now or hereafter held by or on behalf of any Additional ABL Agent or any
Additional ABL Secured Party that secures all or any portion of the Additional ABL Obligations shall in all respects be pari passu and equal in priority with any Lien in respect of all or any portion of the Collateral now or hereafter held by or on
behalf of any other Additional ABL Agent or any Additional ABL Secured Party represented by such other Additional ABL Agent that
secures all or any portion of the Additional ABL Obligations (except as may be separately otherwise agreed in writing by and between
such Additional ABL Agents, in each case on behalf of itself and the Additional ABL Secured Parties represented thereby); provided,
however, that notwithstanding the foregoing, if any Additional ABL Agent and any Additional ABL Secured Party subordinates
itself to any of the Term Loan Agent, the Term Secured Parties, any Additional Term Agent or any Additional Tem Secured Parties
with respect to any Term Loan Priority Collateral in a separate writing as permitted by paragraphs (2) and (4) of this Section
2.1(a) then such Additional ABL Agent and Additional ABL Secured Parties shall not be pari passu with the other Additional
ABL Agent and the other Additional ABL Secured Parties with respect to any ABL Priority Collateral so subordinated but rather shall
be junior and subordinate to the other Additional ABL Agent and the other Additional ABL Secured Parties with respect to such ABL
Priority Collateral;

 

(11)        any
Lien in respect of all or any portion of the Collateral now or hereafter held by or on behalf of any Additional Term Agent or any
Additional Term Secured Party that secures all or any portion of the Additional Term Obligations shall in all respects be pari passu and equal in priority with any Lien in respect of all or any portion of the Collateral now or hereafter held by or on
behalf of the Term Loan Agent or any Term Loan Secured Party that secures all or any portion of the Term Loan Obligations (except
as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional
Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties); provided,
however, that notwithstanding the foregoing, if any Additional Term Agent and any Additional Term Secured Party subordinates
itself to any of the ABL Agent, the ABL Secured Parties, any Additional ABL Agent or any Additional ABL Secured Parties with respect
to any Term Loan Priority Collateral in a separate writing as permitted by paragraphs (6) and (8) of this Section 2.1(a)
then such Additional Term Agent and Additional Term Secured Parties shall not be pari passu with the Term Loan Agent and
Term Loan Secured Parties with respect to any Term Loan Priority Collateral so subordinated but rather shall be junior and subordinate
to the Term Loan Agent and Term Loan Secured Parties with respect to such Term Loan Priority Collateral; and

 

(12)        any
Lien in respect of all or any portion of the Collateral now or hereafter held by or on behalf of any Additional Term Agent or any
Additional Term Secured Party that secures all or any portion of the Additional Term Obligations shall in all respects be pari passu and equal in priority with any Lien in respect of all or any portion of the Collateral now or hereafter held by or on
behalf of any other Additional Term Agent or any Additional Term Secured Party represented by such other Additional Term Agent
that secures all or any portion of the Additional Term Obligations (except as may be separately otherwise agreed in writing by
and between such Additional Term Agents, in each case on behalf of itself and the Additional Term Secured Parties represented thereby);
provided, however, that notwithstanding the foregoing, if any Additional Term Agent and any Additional Term Secured
Party subordinates itself to any of the ABL Agent, the ABL Secured Parties, any Additional ABL Agent or Additional ABL Secured
Parties with respect to any Term Loan Priority Collateral in a separate writing as permitted by paragraphs (6) and (8) of this
Section 2.1(a) then such Additional Term Agent and Additional Term Secured Parties shall not be pari passu with the
other Additional Term Agent and the other Additional Term Secured Parties with respect to any Term Loan Priority Collateral so
subordinated but rather shall be junior and subordinate to the other Additional Term Agent and the other Additional Term Secured
Parties with respect to such Term Loan Priority Collateral.

 

    	 	40	 

     

    

 

(b)          Notwithstanding
any failure by any ABL Secured Party, Term Loan Secured Party or Additional Secured Party to perfect its security interests in
the Collateral or any avoidance, invalidation, priming or subordination by any third party or court of competent jurisdiction (including
in any Insolvency Proceeding) of the security interests in the Collateral granted to the ABL Secured Parties, the Term Loan Secured
Parties or any Additional Secured Parties:

 

(1)         the
priority and rights as between the ABL Secured Parties, on the one hand, and the Term Loan Secured Parties, on the other hand,
with respect to the Collateral shall be as set forth herein;

 

(2)         the
priority and rights as between the ABL Secured Parties, on the one hand, and any Additional Secured Parties, on the other hand,
with respect to the Collateral shall be as set forth herein (except as may be separately otherwise agreed in writing by and between
any applicable Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and the ABL Agent,
on behalf of itself and the ABL Secured Parties);

 

(3)         the
priority and rights as between the Term Loan Secured Parties, on the one hand, and any Additional Secured Parties, on the other
hand, with respect to the Collateral shall be as set forth herein (except as may be separately otherwise agreed in writing by and
between or among any applicable Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and
the Term Loan Agent, on behalf of itself and the Term Secured Parties); and

 

(4)         the
priority and rights as between any Additional Agent and the Additional Secured Parties represented thereby, on the one hand, and
any other Additional Agent and the Additional Secured Parties represented thereby, on the other hand, with respect to the Collateral
shall be as set forth herein (except as may be separately otherwise agreed in writing by and between such Additional Agents, each
on behalf of itself and the Additional Secured Parties represented thereby).

 

    	 	41	 

     

    

 

(c)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, acknowledges and agrees that (x) concurrently
herewith, the ABL Agent, for the benefit of itself and the ABL Secured Parties, has been granted Liens upon all of the Collateral
in which the Term Loan Agent has been granted Liens and the Term Loan Agent hereby consents thereto and (y) any Additional
Agent, for the benefit of itself and any Additional Secured Parties, may be granted Liens upon all of the Collateral in which the
Term Loan Agent has been granted Liens and the Term Loan Agent hereby consents thereto. The ABL Agent, on behalf of itself and
the ABL Secured Parties, acknowledges and agrees that (x) concurrently herewith, the Term Loan Agent, for the benefit
of itself and the Term Loan Secured Parties, has been granted Liens upon all of the Collateral in which the ABL Agent has been
granted Liens and the ABL Agent hereby consents thereto and (y) any Additional Agent, for the benefit of itself and
any Additional Secured Parties, may be granted Liens upon all of the Collateral in which the ABL Agent has been granted Liens,
and the ABL Agent hereby consents thereto. Any Additional Agent, on behalf of itself and any Additional Secured Parties represented
thereby, acknowledges and agrees, concurrently with becoming a party hereto, that (x) the ABL Agent, for the benefit
of itself and the ABL Secured Parties, was granted Liens upon all of the Collateral in which such Additional Agent is being granted
Liens and such Additional Agent hereby consents thereto, (y) the Term Loan Agent, for the benefit of itself and the
Term Loan Secured Parties, was granted Liens upon all of the Collateral in which such Additional Agent is being granted Liens and
such Additional Agent hereby consents thereto and (z) any other Additional Agent, for the benefit of itself and any
Additional Secured Parties represented thereby, may be granted Liens upon all of the Collateral in which such Additional Agent
has been granted Liens and such Additional Agent hereby consents thereto. The subordination of Liens by the Term Loan Agent in
favor of the ABL Agent and any Additional ABL Agent, by the ABL Agent in favor of the Term Loan Agent and any Additional Term Agent,
by any Additional Term Agent in favor of the ABL Agent and any Additional ABL Agent, and by any Additional ABL Agent in favor of
the Term Loan Agent and any Additional Term Agent, in each case as set forth herein, shall not be deemed to subordinate the Liens
of the Term Loan Agent, the ABL Agent or any Additional Agent to the Liens of any other Person. The provision of pari passu
and equal priority as between Liens of the Term Loan Agent and Liens of any Additional Term Agent, or as between Liens of any Additional
Term Agent and Liens of any other Additional Term Agent, in each case as set forth herein, shall not be deemed to subordinate the
Liens of the Term Loan Agent or any Additional Term Agent to the Liens of any Person other than the ABL Agent and any Additional
ABL Agent as and to the extent set forth herein, or to provide that the Liens of the Term Loan Agent or any Additional Term Agent
will be pari passu or of equal priority with the Liens of any other Person. The provision of pari passu and equal
priority as between Liens of the ABL Agent and Liens of any Additional ABL Agent, or as between Liens of any Additional ABL Agent
and Liens of any other Additional ABL Agent, in each case as set forth herein, shall not be deemed to subordinate the Liens of
the ABL Agent or any Additional ABL Agent to the Liens of any Person other than the Term Loan Agent and any Additional Term Agent
as and to the extent set forth herein, or to provide that the Liens of the ABL Agent or any Additional ABL Agent will be pari passu or of equal priority with the Liens of any other Person.

 

(d)          Lien
priority as among the ABL Obligations, the Term Loan Obligations and the Additional Obligations with respect to any Collateral
will be governed solely by this Agreement, except as may be separately otherwise agreed in writing by or among any applicable Parties
to the extent permitted pursuant to Section 2.1(a) above (including pursuant to the Term Loan Collateral Intercreditor Agreement
and the ABL Collateral Intercreditor Agreement, in each case, if entered into in the future).

 

    	 	42	 

     

    

 

(e)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and each Additional Term Agent, on behalf of itself and
the Additional Term Secured Parties represented thereby, hereby acknowledges and agrees that it is the intention of the Term Loan
Collateral Secured Parties of each Series that the holders of Term Loan Collateral Obligations of such Series (and not the Term
Loan Collateral Secured Parties of any other Series) bear the risk of (i) any determination by a court of competent
jurisdiction that (x) any of the Term Loan Collateral Obligations of such Series are unenforceable under applicable
law or are subordinated to any other obligations (other than another Series of Term Loan Collateral Obligations), (y) any
of the Term Loan Collateral Obligations of such Series do not have an enforceable security interest in any of the Collateral securing
any other Series of Term Loan Collateral Obligations and/or (z) any intervening security interest exists securing any
other obligations (other than another Series of Term Loan Collateral Obligations) on a basis ranking prior to the security interest
of such Series of Term Loan Collateral Obligations but junior to the security interest of any other Series of Term Loan Collateral
Obligations or (ii) the existence of any Collateral for any other Series of Term Loan Collateral Obligations that is
not also Collateral for the other Series of Term Loan Collateral Obligations (any such condition referred to in the foregoing clauses
(i) or (ii) with respect to any Series of Term Loan Collateral Obligations, an “Impairment” of such Series).
In the event of any Impairment with respect to any Series of Term Loan Collateral Obligations, the results of such Impairment shall
be borne solely by the holders of such Series of Term Loan Collateral Obligations, and the rights of the holders of such Series
of Term Loan Collateral Obligations (including the right to receive distributions in respect of such Series of Term Loan Collateral
Obligations pursuant to Section 4.1) set forth herein shall be modified to the extent necessary so that the effects of such
Impairment are borne solely by the holders of the Series of such Term Loan Collateral Obligations subject to such Impairment.

 

(f)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, and each Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, hereby acknowledges and agrees that, it is the intention of the ABL Collateral Secured
Parties of each Series that the holders of ABL Collateral Obligations of such Series (and not the ABL Collateral Secured Parties
of any other Series) bear the risk of (i) any determination by a court of competent jurisdiction that (x) any
of the ABL Collateral Obligations of such Series are unenforceable under applicable law or are subordinated to any other obligations
(other than another Series of ABL Collateral Obligations), (y) any of the ABL Collateral Obligations of such Series
do not have an enforceable security interest in any of the Collateral securing any other Series of ABL Collateral Obligations and/or
(z) any intervening security interest exists securing any other obligations (other than another Series of ABL Collateral
Obligations) on a basis ranking prior to the security interest of such Series of ABL Collateral Obligations but junior to the security
interest of any other Series of ABL Collateral Obligations or (ii) the existence of any Collateral for any other Series
of ABL Collateral Obligations that is not also Collateral for the other Series of ABL Collateral Obligations (any such condition
referred to in the foregoing clauses (i) or (ii) with respect to any Series of ABL Collateral Obligations, an “Impairment”
of such Series). In the event of any Impairment with respect to any Series of ABL Collateral Obligations, the results of such Impairment
shall be borne solely by the holders of such Series of ABL Collateral Obligations, and the rights of the holders of such Series
of ABL Collateral Obligations (including the right to receive distributions in respect of such Series of ABL Collateral Obligations
pursuant to Section 4.1) set forth herein shall be modified to the extent necessary so that the effects of such Impairment
are borne solely by the holders of the Series of such ABL Collateral Obligations subject to such Impairment.

 

    	 	43	 

     

    

 

Section 2.2 Waiver
of Right to Contest Liens. (a) The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that it and
they shall not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person
in contesting or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding),
the validity, priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, the ABL Agent
and the ABL Secured Parties in respect of the Collateral or the provisions of this Agreement. Except to the extent expressly set
forth in this Agreement, the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that none of the Term
Loan Agent or the Term Loan Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies
undertaken by the ABL Agent or any ABL Secured Party under the ABL Documents with respect to the ABL Priority Collateral. Except
to the extent expressly set forth in this Agreement, the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties,
hereby waives any and all rights it or the Term Loan Secured Parties may have as a junior lien creditor or otherwise to contest,
protest, object to, or interfere with the manner in which the ABL Agent or any ABL Secured Party seeks to enforce its Liens in
any ABL Priority Collateral.

 

(b)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that it and they shall not (and hereby waives
any right to) take any action to contest or challenge (or assist or support any other Person in contesting or challenging),
directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity, priority,
enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, any Additional Term Agent and
any Additional Term Secured Parties in respect of the Collateral or the provisions of this Agreement (except as may be
separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional Term
Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). Except
to the extent expressly set forth in this Agreement and, for the avoidance of doubt, subject to Section 2.3(g), the
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that none of the Term Loan Agent or the Term
Loan Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by
any Additional Term Agent or any Additional Term Secured Party under any Additional Term Documents with respect to the
Collateral (except as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of
itself and the Additional Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term
Loan Secured Parties). Except to the extent expressly set forth in this Agreement, and, for the avoidance of doubt, subject
to Section 2.3(g), the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, hereby waives any
and all rights it or the Term Loan Secured Parties may have as a pari passu lien creditor or otherwise to
contest, protest, object to, or interfere with the manner in which any Additional Term Agent or any Additional Term Secured
Party seeks to enforce its Liens in any Collateral (except as may be separately otherwise agreed in writing by and between
such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and the Term
Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	44	 

     

    

 

(c)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that it and they shall not (and hereby waives any
right to) take any action to contest or challenge (or assist or support any other Person in contesting or challenging), directly
or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity, priority, enforceability,
or perfection of the Liens of, or the allowability of the claims asserted by, any Additional ABL Agent and any Additional ABL Secured
Parties in respect of the Collateral or the provisions of this Agreement. Except to the extent expressly set forth in this Agreement,
the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that none of the Term Loan Agent or the Term
Loan Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by any
Additional ABL Agent or any Additional ABL Secured Party under any Additional ABL Documents with respect to the ABL Priority Collateral.
Except to the extent expressly set forth in this Agreement, the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, hereby waives any and all rights it or the Term Loan Secured Parties may have as a junior lien creditor or otherwise to
contest, protest, object to, or interfere with the manner in which any Additional ABL Agent or any Additional ABL Secured Party
seeks to enforce its Liens in any ABL Priority Collateral.

 

(d)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that it and they shall not (and hereby waives any right to)
take any action to contest or challenge (or assist or support any other Person in contesting or challenging), directly or indirectly,
whether or not in any proceeding (including in any Insolvency Proceeding), the validity, priority, enforceability, or perfection
of the Liens of, or the allowability of the claims asserted by, the Term Loan Agent and any Term Loan Secured Parties in respect
of the Collateral or the provisions of this Agreement. Except to the extent expressly set forth in this Agreement, the ABL Agent,
on behalf of itself the ABL Secured Parties, agrees that none of the ABL Agent or the ABL Secured Parties will take any action
that would interfere with any Exercise of Secured Creditor Remedies undertaken by the Term Loan Agent or any Term Loan Secured
Party under the Term Loan Documents, with respect to the Term Loan Priority Collateral. Except to the extent expressly set forth
in this Agreement, the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives any and all rights it or the ABL
Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner in
which the Term Loan Agent or any Term Loan Secured Party seeks to enforce its Liens in any Term Loan Priority Collateral.

 

(e)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that it and they shall not (and hereby waives any right to)
take any action to contest or challenge (or assist or support any other Person in contesting or challenging), directly or indirectly,
whether or not in any proceeding (including in any Insolvency Proceeding), the validity, priority, enforceability, or perfection
of the Liens of, or the allowability of the claims asserted by, any Additional Term Agent and any Additional Term Secured Parties
in respect of the Collateral or the provisions of this Agreement (except as may be separately otherwise agreed in writing by and
between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and the ABL
Agent, on behalf of itself and the ABL Secured Parties). Except to the extent expressly set forth in this Agreement, the ABL Agent,
on behalf of itself and the ABL Secured Parties, agrees that none of the ABL Agent or the ABL Secured Parties will take any action
that would interfere with any Exercise of Secured Creditor Remedies undertaken by any Additional Term Agent or any Additional Term
Secured Party under any Additional Term Documents, with respect to the Term Loan Priority Collateral (except as may be separately
otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties
represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). Except to the extent expressly set forth
in this Agreement, the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives any and all rights it or the ABL
Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner in
which any Additional Term Agent or any Additional Term Secured Party seeks to enforce its Liens in any Term Loan Priority Collateral
(except as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the
Additional Term Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

    	 	45	 

     

    

 

(f)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that it and they shall not (and hereby waives any right to)
take any action to contest or challenge (or assist or support any other Person in contesting or challenging), directly or indirectly,
whether or not in any proceeding (including in any Insolvency Proceeding), the validity, priority, enforceability, or perfection
of the Liens of, or the allowability of the claims asserted by, any Additional ABL Agent and any Additional ABL Secured Parties
in respect of the Collateral or the provisions of this Agreement (except as may be separately otherwise agreed in writing by and
between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL
Agent, on behalf of itself and the ABL Secured Parties). Except to the extent expressly set forth in this Agreement and, for the
avoidance of doubt, subject to Section 2.3(j), the ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that
none of the ABL Agent or the ABL Secured Parties will take any action that would interfere with any Exercise of Secured Creditor
Remedies undertaken by any Additional ABL Agent or any Additional ABL Secured Party under any Additional ABL Documents with respect
to the Collateral (except as may be separately otherwise agreed in writing by and between such Additional ABL Agent, on behalf
of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties). Except to the extent expressly set forth in this Agreement, and, for the avoidance of doubt, subject to Section 2.3(j),
the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby waives any and all rights it or the ABL Secured Parties
may have as a pari passu lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which
any Additional ABL Agent or any Additional ABL Secured Party seeks to enforce its Liens in any Collateral (except as may be separately
otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

(g)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that it and they
shall not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, the ABL Agent and the ABL
Secured Parties in respect of the Collateral or the provisions of this Agreement. Except to the extent expressly set forth in this
Agreement, any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that
none of such Additional Term Agent and Additional Term Secured Parties will take any action that would interfere with any Exercise
of Secured Creditor Remedies undertaken by the ABL Agent or any ABL Secured Party under the ABL Documents with respect to the ABL
Priority Collateral. Except to the extent expressly set forth in this Agreement, any Additional Term Agent, on behalf of itself
and any Additional Term Secured Parties represented thereby, hereby waives any and all rights it or such Additional Term Secured
Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which the
ABL Agent or any ABL Secured Party seeks to enforce its Liens in any ABL Priority Collateral.

 

    	 	46	 

     

    

 

(h)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that it and they
shall not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, the Term Loan Agent or
the Term Loan Secured Parties in respect of the Collateral or the provisions of this Agreement (except as may be separately otherwise
agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented
thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). Except to the extent expressly set forth
in this Agreement, and, for the avoidance of doubt, subject to Section 2.3(g), any Additional Term Agent, on behalf of itself
and any Additional Term Secured Parties represented thereby, agrees that none of such Additional Term Agent and Additional Term
Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by the Term
Loan Agent or any Term Loan Secured Party under the Term Loan Documents with respect to the Collateral (except as may be separately
otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties
represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). Except to the extent expressly
set forth in this Agreement, and subject to Section 2.3(g), any Additional Term Agent, on behalf of itself and any Additional
Term Secured Parties represented thereby, hereby waives any and all rights it or such Additional Term Secured Parties may have
as a pari passu lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which the Term
Loan Agent or any Term Loan Secured Party seeks to enforce its Liens in any Collateral (except as may be separately otherwise agreed
in writing by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

(i)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that it and they
shall not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, any Additional ABL Agent
and any Additional ABL Secured Parties in respect of the Collateral or the provisions of this Agreement. Except to the extent expressly
set forth in this Agreement, any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented
thereby, agrees that none of such Additional Term Agent and Additional Term Secured Parties will take any action that would interfere
with any Exercise of Secured Creditor Remedies undertaken by any Additional ABL Agent or any Additional ABL Secured Party under
the Additional ABL Documents with respect to the ABL Priority Collateral. Except to the extent expressly set forth in this Agreement,
any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, hereby waives any and
all rights it or such Additional Term Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object
to, or interfere with the manner in which any Additional ABL Agent or any Additional ABL Secured Party seeks to enforce its Liens
in any ABL Priority Collateral.

 

    	 	47	 

     

    

 

(j)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that it and they
shall not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, any other Additional Term
Agent or any Additional Term Secured Parties represented by such other Additional Term Agent in respect of the Collateral or the
provisions of this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Term Agents,
in each case on behalf of itself and the Additional Secured Parties represented thereby). Except to the extent expressly set forth
in this Agreement, and, for the avoidance of doubt, subject to Section 2.3(g), any Additional Term Agent, on behalf of itself
and any Additional Term Secured Parties represented thereby, agrees that none of such Additional Term Agent and Additional Term
Secured Parties will take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by any other
Additional Term Agent or any Additional Term Secured Party represented by such other Additional Term Agent under any applicable
Additional Documents with respect to the Collateral (except as may be separately otherwise agreed in writing by and between such
Additional Term Agents, in each case on behalf of itself and the Additional Term Secured Parties represented thereby). Except to
the extent expressly set forth in this Agreement, and subject to Section 2.3(g), any Additional Term Agent, on behalf of
itself and any Additional Term Secured Parties represented thereby, hereby waives any and all rights it or such Additional Term
Secured Parties may have as a pari passu lien creditor or otherwise to contest, protest, object to, or interfere with the
manner in which any other Additional Term Agent or any Additional Term Secured Party represented by such other Additional Term
Agent seeks to enforce its Liens in any Collateral (except as may be separately otherwise agreed in writing by and between such
Additional Term Agents, in each case on behalf of itself and the Additional Term Secured Parties represented thereby).

 

(k)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that it and they shall
not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, the Term Loan Agent and
the Term Loan Secured Parties in respect of the Collateral or the provisions of this Agreement (except as may be separately otherwise
agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented
thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). Except to the extent expressly set forth
in this Agreement, any Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees
that none of such Additional ABL Agent and Additional ABL Secured Parties will take any action that would interfere with any Exercise
of Secured Creditor Remedies undertaken by the Term Loan Agent or any Term Loan Secured Party under the Term Loan Documents with
respect to the Term Loan Priority Collateral (except as may be separately otherwise agreed in writing by and between such Additional
ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the Term Loan Agent, on behalf of
itself and the Term Loan Secured Parties). Except to the extent expressly set forth in this Agreement, any Additional ABL Agent,
on behalf of itself and any Additional ABL Secured Parties represented thereby, hereby waives any and all rights it or such Additional
ABL Secured Parties may have as a junior lien creditor or otherwise to contest, protest, object to, or interfere with the manner
in which the Term Loan Agent or any Term Loan Secured Party seeks to enforce its Liens in any Term Loan Priority Collateral (except
as may be separately otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	48	 

     

    

 

(l)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that it and they shall
not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, the ABL Agent or the ABL
Secured Parties in respect of the Collateral or the provisions of this Agreement (except, with respect to priority, as may be separately
otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). Except to the extent expressly set forth
in this Agreement, and subject to Section 2.3(j), any Additional ABL Agent, on behalf of itself and any Additional ABL Secured
Parties represented thereby, agrees that none of such Additional ABL Agent and Additional ABL Secured Parties will take any action
that would interfere with any Exercise of Secured Creditor Remedies undertaken by the ABL Agent or any ABL Secured Party under
the ABL Documents with respect to the Collateral (except as may be separately otherwise agreed in writing by and between such Additional
ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself
and the ABL Secured Parties). Except to the extent expressly set forth in this Agreement, and subject to Section 2.3(j),
any Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, hereby waives any and
all rights it or such Additional ABL Secured Parties may have as a pari passu lien creditor or otherwise to contest, protest,
object to, or interfere with the manner in which the ABL Agent or any ABL Secured Party seeks to enforce its Liens in any Collateral
(except as may be separately otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the
Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

    	 	49	 

     

    

 

(m)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that it and they shall
not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, any Additional Term Agent
and any Additional Term Secured Parties in respect of the Collateral or the provisions of this Agreement (except as may be separately
otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby, and such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby).
Except to the extent expressly set forth in this Agreement, any Additional ABL Agent, on behalf of itself and any Additional ABL
Secured Parties represented thereby, agrees that none of such Additional ABL Agent and Additional ABL Secured Parties will take
any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by any Additional Term Agent or any Additional
Term Secured Party under the Additional Term Documents with respect to the Term Loan Priority Collateral (except as may be separately
otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby, and such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby).
Except to the extent expressly set forth in this Agreement, any Additional ABL Agent, on behalf of itself and any Additional ABL
Secured Parties represented thereby, hereby waives any and all rights it or such Additional ABL Secured Parties may have as a junior
lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which any Additional Term Agent or any
Additional Term Secured Party seeks to enforce its Liens in any Term Loan Priority Collateral (except as may be separately otherwise
agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented
thereby, and such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby).

 

(n)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that it and they shall
not (and hereby waives any right to) take any action to contest or challenge (or assist or support any other Person in contesting
or challenging), directly or indirectly, whether or not in any proceeding (including in any Insolvency Proceeding), the validity,
priority, enforceability, or perfection of the Liens of, or the allowability of the claims asserted by, any other Additional ABL
Agent or any Additional ABL Secured Parties represented by such other Additional ABL Agent in respect of the Collateral or the
provisions of this Agreement (except as may be separately otherwise agreed in writing by and between such Additional ABL Agents,
in each case on behalf of itself and the Additional ABL Secured Parties represented thereby). Except to the extent expressly set
forth in this Agreement, and subject to Section 2.3(j), any Additional ABL Agent, on behalf of itself and any Additional
ABL Secured Parties represented thereby, agrees that none of such Additional ABL Agent and Additional ABL Secured Parties will
take any action that would interfere with any Exercise of Secured Creditor Remedies undertaken by any other Additional ABL Agent
or any Additional ABL Secured Party represented by such other Additional ABL Agent under any applicable Additional ABL Documents
with respect to the Collateral (except as may be separately otherwise agreed in writing by and between such Additional ABL Agents,
in each case on behalf of itself and the Additional ABL Secured Parties represented thereby). Except to the extent expressly set
forth in this Agreement, and subject to Section 2.3(j), any Additional ABL Agent, on behalf of itself and any Additional
ABL Secured Parties represented thereby, hereby waives any and all rights it or such Additional ABL Secured Parties may have as
a pari passu lien creditor or otherwise to contest, protest, object to, or interfere with the manner in which any other
Additional ABL Agent or any Additional ABL Secured Party represented by such other Additional ABL Agent seeks to enforce its Liens
in any Collateral (except as may be separately otherwise agreed in writing by and between such Additional ABL Agents, in each case
on behalf of itself and the Additional ABL Secured Parties represented thereby).

 

(o)          For
the avoidance of doubt, the assertion of priority rights established under the terms of this Agreement or in any separate writing
between any of the parties hereto shall not be considered a challenge to Lien priority of any Party prohibited by this Section
2.2.

 

    	 	50	 

     

    

 

Section 2.3 Remedies
Standstill. (a) The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that, until the Discharge
of ABL Obligations, neither the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, as applicable)
nor any Term Loan Secured Party (x) will, or will seek to, Exercise Any Secured Creditor Remedies (or institute or join
in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any of the ABL Priority
Collateral without the written consent of the ABL Agent or (y) will knowingly take, receive or accept any Proceeds of ABL
Priority Collateral, it being understood and agreed that the temporary deposit of Proceeds of ABL Priority Collateral in a Deposit
Account controlled by the Term Loan Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly
remitted to the ABL Collateral Representative. Subject to Section 2.3(b) and Section 2.3(g) hereof, from and after
the date upon which the Discharge of ABL Obligations shall have occurred (or prior thereto upon obtaining the written consent of
the ABL Agent), the Term Loan Agent or any Term Loan Secured Party may Exercise Any Secured Creditor Remedies under the Term Loan
Documents or applicable law as to any ABL Priority Collateral; provided, however, that any Exercise of Secured Creditor
Remedies with respect to any Collateral by the Term Loan Agent or any Term Loan Secured Party is at all times subject to the provisions
of this Agreement, including Section 4.1 hereof. Notwithstanding anything to the contrary contained herein, the Term Loan
Agent or any Term Loan Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the Term Loan Obligations; provided that an Insolvency Proceeding has been commenced
by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the ABL Priority Collateral, or the rights of the ABL Agent or any
of the ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including those under Article 6)
in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights in, and the perfection and priority
of its Lien on, any of the ABL Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Term Loan Secured
Parties, including any claims secured by the Term Loan Priority Collateral or the ABL Priority Collateral, if any, in each case
in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral; and

 

    	 	51	 

     

    

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the ABL Agent shall be entitled to have any
such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan of Reorganization
withdrawn.

 

(b)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that, until the Discharge of Additional ABL Obligations,
neither the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, as applicable) nor any Term Loan
Secured Party (x) will, or seek to, Exercise Any Secured Creditor Remedies (or institute or join in any action or proceeding
with respect to the Exercise of Secured Creditor Remedies) with respect to any of the ABL Priority Collateral without the written
consent of each Additional ABL Agent or (y) will knowingly take, receive or accept any Proceeds of ABL Priority Collateral,
it being understood and agreed that the temporary deposit of Proceeds of ABL Priority Collateral in a Deposit Account controlled
by the Term Loan Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly remitted to the ABL
Collateral Representative. Subject to Section 2.3(a) and Section 2.3(g) hereof, from and after the date upon which
the Discharge of Additional ABL Obligations shall have occurred (or prior thereto upon obtaining the written consent of each Additional
ABL Agent), the Term Loan Agent or any Term Loan Secured Party may Exercise Any Secured Creditor Remedies under the Term Loan Documents
or applicable law as to any ABL Priority Collateral; provided, however, that any Exercise of Secured Creditor Remedies
with respect to any Collateral by the Term Loan Agent or any Term Loan Secured Party is at all times subject to the provisions
of this Agreement, including Section 4.1 hereof. Notwithstanding anything to the contrary contained herein, the Term Loan
Agent or any Term Loan Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the Term Loan Obligations; provided that an Insolvency Proceeding has been commenced
by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the ABL Priority Collateral, or the rights of each Additional ABL
Agent or any of the Additional ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including those
under Article 6) in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights in, and
the perfection and priority of its Lien on, any of the ABL Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Term Loan Secured
Parties, including any claims secured by the Term Loan Priority Collateral or the ABL Priority Collateral, if any, in each case
in accordance with the terms of this Agreement;

 

    	 	52	 

     

    

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and each Additional ABL Agent shall be entitled
to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan
of Reorganization withdrawn.

 

(c)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that until the Discharge of Term Loan Obligations, neither the
ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) nor any ABL Secured Party (x) will,
or will seek to, Exercise Any Secured Creditor Remedies (or institute or join in any action or proceeding with respect to the Exercise
of Secured Creditor Remedies) with respect to the Term Loan Priority Collateral without the written consent of the Term Loan Agent
or (y) will knowingly take, receive or accept any Proceeds of the Term Loan Priority Collateral, it being understood and
agreed that the temporary deposit of Proceeds of Term Loan Priority Collateral in a Deposit Account controlled by the ABL Agent
shall not constitute a breach of this Agreement so long as such Proceeds are promptly remitted to the Term Loan Collateral Representative.
Subject to Section 2.3(d) and Section 2.3(j) hereof, from and after the date upon which the Discharge of Term Loan
Obligations shall have occurred (or prior thereto upon obtaining the written consent of the Term Loan Agent), the ABL Agent or
any ABL Secured Party may Exercise Any Secured Creditor Remedies under the ABL Documents or applicable law as to any Term Loan
Priority Collateral; provided, however, that any Exercise of Secured Creditor Remedies with respect to any Collateral
by the ABL Agent or any ABL Secured Party is at all times subject to the provisions of this Agreement, including Section 4.1
hereof. Notwithstanding anything to the contrary contained herein, the ABL Agent or any ABL Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the ABL Obligations; provided that an Insolvency Proceeding has been commenced
by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the Term Loan Priority Collateral, or the rights of the Term Loan
Agent or any of the Term Loan Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including those under
Article 6) in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights in, and the
perfection and priority of its Lien on, any of the Term Loan Priority Collateral;

 

    	 	53	 

     

    

  

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the ABL Secured Parties,
including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case in accordance
with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the Term Loan Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the Term Loan Agent shall be entitled to
have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan of
Reorganization withdrawn.

 

(d)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that until the Discharge of Additional Term Obligations, neither
the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) nor any ABL Secured Party (x)
will, or will seek to, Exercise Any Secured Creditor Remedies (or institute or join in any action or proceeding with respect to
the Exercise of Secured Creditor Remedies) with respect to the Term Loan Priority Collateral without the written consent of each
Additional Term Agent or (y) will knowingly take, receive or accept any Proceeds of the Term Loan Priority Collateral (except,
in each case, as may be separately otherwise agreed in writing by and between each such Additional Term Agent, on behalf of itself
and the Additional Term Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties),
it being understood and agreed that the temporary deposit of Proceeds of Term Loan Priority Collateral in a Deposit Account controlled
by the ABL Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly remitted to the Term Loan
Collateral Representative. Subject to Section 2.3(c) and Section 2.3(j) hereof, from and after the date upon which
the Discharge of Additional Term Obligations shall have occurred (or prior thereto upon obtaining the written consent of each Additional
Term Agent), the ABL Agent or any ABL Secured Party may Exercise Any Secured Creditor Remedies under the ABL Documents or applicable
law as to any Term Loan Priority Collateral; provided, however, that any Exercise of Secured Creditor Remedies with
respect to any Collateral by the ABL Agent or any ABL Secured Party is at all times subject to the provisions of this Agreement,
including Section 4.1 hereof. Notwithstanding anything to the contrary contained herein, the ABL Agent or any ABL Secured
Party may:

 

(i)          file
a claim or statement of interest with respect to the ABL Obligations; provided that an Insolvency Proceeding has been commenced
by or against any Grantor;

 

    	 	54	 

     

    

  

(ii)         take
any action (not adverse to the priority status of the Liens on the Term Loan Priority Collateral, or the rights of each Additional
Term Agent or any of the Additional Term Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including
those under Article 6) in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights
in, and the perfection and priority of its Lien on, any of the Term Loan Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the ABL Secured Parties,
including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case in accordance
with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the Term Loan Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and each Additional Term Agent shall be entitled
to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan
of Reorganization withdrawn.

 

(e)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that until the Discharge
of ABL Obligations, neither such Additional Term Agent (including in its capacity as Term Loan Collateral Representative, if applicable)
nor any such Additional Term Secured Party (x) will, or will seek to, Exercise Any Secured Creditor Remedies (or institute
or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any of the ABL Priority
Collateral without the written consent of the ABL Agent or (y) will knowingly take, receive or accept any Proceeds of ABL
Priority Collateral, it being understood and agreed that the temporary deposit of Proceeds of ABL Priority Collateral in a Deposit
Account controlled by such Additional Term Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly
remitted to the ABL Collateral Representative. Subject to Section 2.3( f) and Section 2.3(g) hereof, from and after
the date upon which the Discharge of ABL Obligations shall have occurred (or prior thereto upon obtaining the written consent of
the ABL Agent), any Additional Term Agent or any Additional Term Secured Party may Exercise Any Secured Creditor Remedies under
any Additional Term Documents or applicable law as to any ABL Priority Collateral; provided, however, that any Exercise
of Secured Creditor Remedies with respect to any Collateral by any Additional Term Agent or Additional Term Secured Party is at
all times subject to the provisions of this Agreement, including Section 4.1 hereof. Notwithstanding anything to the contrary
contained herein, any Additional Term Agent or any Additional Term Secured Party may:

 

    	 	55	 

     

    

 

(i)          file
a claim or statement of interest with respect to the Additional Term Obligations; provided that an Insolvency Proceeding has been
commenced by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the ABL Priority Collateral, or the rights of the ABL Agent or any
of the ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including those under Article 6)
in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights in, and the perfection and priority
of its Lien on, any of the ABL Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Additional Term Secured
Parties, including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case
in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the ABL Agent shall be entitled to have any
such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan of Reorganization
withdrawn.

 

(f)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that until the Discharge
of Additional ABL Obligations, neither such Additional Term Agent (including in its capacity as Term Loan Collateral Representative,
if applicable) nor any such Additional Term Secured Party (x) will, or will seek to, Exercise Any Secured Creditor Remedies
(or institute or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any
of the ABL Priority Collateral without the written consent of each Additional ABL Agent or (y) will knowingly take, receive
or accept any Proceeds of ABL Priority Collateral, it being understood and agreed that the temporary deposit of Proceeds of ABL
Priority Collateral in a Deposit Account controlled by such Additional Term Agent shall not constitute a breach of this Agreement
so long as such Proceeds are promptly remitted to the ABL Collateral Representative. Subject to Section 2.3(e) and Section
2.3(g) hereof, from and after the date upon which the Discharge of Additional ABL Obligations shall have occurred (or prior
thereto upon obtaining the written consent of each Additional ABL Agent), any Additional Term Agent or any Additional Term Secured
Party may Exercise Any Secured Creditor Remedies under any Additional Term Documents or applicable law as to any ABL Priority Collateral;
provided, however, that any Exercise of Secured Creditor Remedies with respect to any Collateral by any Additional
Term Agent or Additional Term Secured Party is at all times subject to the provisions of this Agreement, including Section 4.1
hereof. Notwithstanding anything to the contrary contained herein, any Additional Term Agent or any Additional Term Secured Party
may:

 

    	 	56	 

     

    

 

(i)          file
a claim or statement of interest with respect to the Additional Term Obligations; provided that an Insolvency Proceeding has been
commenced by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the ABL Priority Collateral, or the rights of the ABL Agent or any
of the ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including those under Article 6)
in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights in, and the perfection and priority
of its Lien on, any of the ABL Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Additional Term Secured
Parties, including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case
in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and each Additional ABL Agent shall be entitled
to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan
of Reorganization withdrawn.

 

    	 	57	 

     

    

  

(g)          Any
Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that such Additional
Term Agent and such Additional Term Secured Parties (x) will not, and will not seek to, Exercise Any Secured Creditor Remedies
(or institute or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any
of the Collateral without the written consent of the Term Loan Collateral Representative and (y) will not knowingly take,
receive or accept any Proceeds of Collateral (except as may be separately otherwise agreed in writing by and between or among each
Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and the Term Loan Agent,
on behalf of itself and the Term Loan Secured Parties), it being understood and agreed that the temporary deposit of Proceeds of
Collateral in a Deposit Account controlled by such Additional Term Agent shall not constitute a breach of this Agreement so long
as such Proceeds are promptly remitted to the Term Loan Collateral Representative; provided that nothing in this sentence
shall prohibit any Additional Term Agent from taking such actions in its capacity as Term Loan Collateral Representative, if applicable.
The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that the Term Loan Agent and the Term Loan Secured
Parties will not, and will not seek to, Exercise Any Secured Creditor Remedies (or institute or join in any action or proceeding
with respect to the Exercise of Secured Creditor Remedies) with respect to any of the Collateral without the written consent of
the Term Loan Collateral Representative and will not knowingly take, receive or accept any Proceeds of Collateral (except as may
be separately otherwise agreed in writing by and between or among each Additional Term Agent, on behalf of itself and the Additional
Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties), it being
understood and agreed that the temporary deposit of Proceeds of Collateral in a Deposit Account controlled by the Term Loan Agent
shall not constitute a breach of this Agreement so long as such Proceeds are promptly remitted to the Term Loan Collateral Representative;
provided that nothing in this sentence shall prohibit the Term Loan Agent from taking such actions in its capacity as Term
Loan Collateral Representative, if applicable. Subject to Section 2.3(a) and Section2.3(b) hereof, the Term Loan
Collateral Representative may Exercise Any Secured Creditor Remedies under the Term Loan Priority Collateral Documents or applicable
law as to any Collateral; provided, however, that any Exercise of Secured Creditor Remedies with respect to any Collateral
by the Term Loan Collateral Representative is at all times subject to the provisions of this Agreement, including Section 4.1
hereof. Each Term Loan Collateral Secured Party hereby appoints the Term Loan Collateral Representative as its agent to exercise
all remedies under all Term Loan Collateral Documents and Additional Term Collateral Documents. Notwithstanding anything to the
contrary contained herein, the Term Loan Agent or any Term Loan Secured Party and any Additional Term Agent or any Additional Term
Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the Term Loan Obligations or the Additional Term Obligations respectively; provided
that an Insolvency Proceeding has been commenced by or against any Grantor;

 

    	 	58	 

     

    

 

(ii)         take
any action (not adverse to the priority status of the Liens on the Term Loan Priority Collateral, or the rights of the Term Loan
Agent or any of the Term Loan Secured Parties or any Additional Term Agent or any of the Additional Term Secured Parties to exercise
rights, powers, and/or remedies in respect thereof, including those under Article 6) in order to create, prove, perfect,
preserve or protect (but not enforce) its Lien on and rights in, and the perfection and priority of its Lien on, any of the Term
Loan Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Term Loan Secured
Parties or the Additional Term Secured Parties respectively, including any claims secured by the ABL Priority Collateral or the
Term Loan Priority Collateral, if any, in each case in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral or the Term Loan Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the Term Loan Agent and each Additional Term
Agent shall be entitled to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of
any Non-Conforming Plan of Reorganization withdrawn.

 

(h)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that until the Discharge
of Term Loan Obligations, neither such Additional ABL Agent (including in its capacity as ABL Collateral Representative, if applicable)
nor any such Additional ABL Secured Party (x) will, or will seek to, Exercise Any Secured Creditor Remedies (or institute
or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any of the Term
Loan Priority Collateral without the written consent of the Term Loan Agent or (y) will knowingly take, receive or accept
any Proceeds of Term Loan Priority Collateral, it being understood and agreed that the temporary deposit of Proceeds of Term Loan
Priority Collateral in a Deposit Account controlled by such Additional ABL Agent shall not constitute a breach of this Agreement
so long as such Proceeds are promptly remitted to the Term Loan Collateral Representative. Subject to Section 2.3(i) and
Section 2.3(j) hereof, from and after the date upon which the Discharge of Term Loan Obligations shall have occurred (or
prior thereto upon obtaining the written consent of the Term Loan Agent), any Additional ABL Agent or any Additional ABL Secured
Party may Exercise Any Secured Creditor Remedies under any Additional ABL Documents or applicable law as to any Term Loan Priority
Collateral; provided, however, that any Exercise of Secured Creditor Remedies with respect to any Collateral by any
Additional ABL Agent or Additional ABL Secured Party is at all times subject to the provisions of this Agreement, including Section
4.1 hereof. Notwithstanding anything to the contrary contained herein, any Additional ABL Agent or any Additional ABL Secured
Party may:

 

    	 	59	 

     

    

 

(i)          file
a claim or statement of interest with respect to the Additional ABL Obligations; provided that an Insolvency Proceeding has been
commenced by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the Term Loan Priority Collateral, or the rights of the Additional
ABL Agent or any of the Additional ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including
those under Article 6) in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights
in, and the perfection and priority of its Lien on, any of the Term Loan Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the Additional ABL Secured
Parties, including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case
in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the Term Loan Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the Term Loan Agent shall be entitled to
have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan of
Reorganization withdrawn.

 

    	 	60	 

     

    

 

(i)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that until the Discharge
of Additional Term Obligations, neither such Additional ABL Agent (including in its capacity as ABL Collateral Representative,
if applicable) nor any such Additional ABL Secured Party (x) will, or will seek to, Exercise Any Secured Creditor Remedies
(or institute or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any
of the Term Loan Priority Collateral without the written consent of each Additional Term Agent or (y) will knowingly take,
receive or accept any Proceeds of Term Loan Priority Collateral (except as may be separately otherwise agreed in writing by and
between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and each Additional
Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby), it being understood and agreed that
the temporary deposit of Proceeds of Term Loan Priority Collateral in a Deposit Account controlled by such Additional ABL Agent
shall not constitute a breach of this Agreement so long as such Proceeds are promptly remitted to the Term Loan Collateral Representative.
Subject to Sections 2.3(h) and 2.3(j) hereof, from and after the date upon which the Discharge of Additional Term
Obligations shall have occurred (or prior thereto upon obtaining the written consent of each Additional Term Agent), any Additional
ABL Agent or any Additional ABL Secured Party may Exercise Any Secured Creditor Remedies under any Additional ABL Documents or
applicable law as to any Term Loan Priority Collateral; provided, however, that any Exercise of Secured Creditor
Remedies with respect to any Collateral by any Additional ABL Agent or Additional ABL Secured Party is at all times subject to
the provisions of this Agreement, including Section 4.1 hereof. Notwithstanding anything to the contrary contained herein,
any Additional ABL Agent or any Additional ABL Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the Additional ABL Obligations; provided that an Insolvency Proceeding has been
commenced by or against any Grantor;

 

(ii)         take
any action (not adverse to the priority status of the Liens on the Term Loan Priority Collateral, or the rights of the Additional
ABL Agent or any of the Additional ABL Secured Parties to exercise rights, powers, and/or remedies in respect thereof, including
those under Article 6) in order to create, prove, perfect, preserve or protect (but not enforce) its Lien on and rights
in, and the perfection and priority of its Lien on, any of the Term Loan Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims of the Additional ABL Secured Parties,
including any claims secured by the ABL Priority Collateral or the Term Loan Priority Collateral, if any, in each case in accordance
with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the Term Loan Priority Collateral; and

 

    	 	61	 

     

    

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and each Additional Term Agent shall be entitled
to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming Plan
of Reorganization withdrawn.

 

(j)          Any
Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that such Additional
ABL Agent and such Additional ABL Secured Parties (x) will not, and will not seek to, Exercise Any Secured Creditor Remedies
(or institute or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies) with respect to any
of the Collateral without the written consent of the ABL Collateral Representative and (y) will not knowingly take, receive
or accept any Proceeds of Collateral (except as may be separately otherwise agreed in writing by and between or among each Additional
ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself
and the ABL Secured Parties), it being understood and agreed that the temporary deposit of Proceeds of Collateral in a Deposit
Account controlled by such Additional ABL Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly
remitted to the ABL Collateral Representative; provided that nothing in this sentence shall prohibit any Additional ABL
Agent from taking such actions in its capacity as ABL Collateral Representative, if applicable. The ABL Agent, on behalf of itself
and the ABL Secured Parties, agrees that the ABL Agent and the ABL Secured Parties will not, and will not seek to, Exercise Any
Secured Creditor Remedies (or institute or join in any action or proceeding with respect to the Exercise of Secured Creditor Remedies)
with respect to any of the Collateral without the written consent of the ABL Collateral Representative and will not knowingly take,
receive or accept any Proceeds of Collateral (except as may be separately otherwise agreed in writing by and between or among each
Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf
of itself and the ABL Secured Parties), it being understood and agreed that the temporary deposit of Proceeds of Collateral in
a Deposit Account controlled by the ABL Agent shall not constitute a breach of this Agreement so long as such Proceeds are promptly
remitted to the ABL Collateral Representative; provided that nothing in this sentence shall prohibit the ABL Agent from
taking such actions in its capacity as ABL Collateral Representative, if applicable. Subject to Sections 2.3(c) and 2.3(d)
hereof, the ABL Collateral Representative may Exercise Any Secured Creditor Remedies under the ABL Priority Collateral Documents
or applicable law as to any Collateral; provided, however, that any Exercise of Secured Creditor Remedies with respect
to any Collateral by the ABL Collateral Representative is at all times subject to the provisions of this Agreement, including Section
4.1 hereof. Each ABL Collateral Secured Party hereby appoints the ABL Collateral Representative as its agent to exercise all
remedies under all ABL Collateral Documents and Additional ABL Collateral Documents. Notwithstanding anything to the contrary contained
herein, the ABL Agent or any ABL Secured Party and any Additional ABL Agent or any Additional ABL Secured Party may:

 

(i)          file
a claim or statement of interest with respect to the ABL Obligations or the Additional ABL Obligations respectively; provided that
an Insolvency Proceeding has been commenced by or against any Grantor;

 

    	 	62	 

     

    

 

(ii)         take
any action (not adverse to the priority status of the Liens on the ABL Priority Collateral, or the rights of the ABL Agent or any
of the ABL Secured Parties or any Additional ABL Agent or any of the Additional ABL Secured Parties to exercise rights, powers,
and/or remedies in respect thereof, including those under Article 6) in order to create, prove, perfect, preserve or protect
(but not enforce) its Lien on and rights in, and the perfection and priority of its Lien on, any of the ABL Priority Collateral;

 

(iii)        file
any necessary or appropriate responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or other
pleading made by any person objecting to or otherwise seeking the disallowance of the claims or Liens of the ABL Secured Parties
or the Additional ABL Secured Parties respectively, including any claims secured by the ABL Priority Collateral or the Term Loan
Priority Collateral, if any, in each case in accordance with the terms of this Agreement;

 

(iv)        file
any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors
arising under either any Insolvency Proceeding or applicable non-bankruptcy law, in each case not inconsistent with, or prohibited
by, the terms of this Agreement or applicable law (including the Bankruptcy Laws of any applicable jurisdiction) and, subject to
the restrictions set forth in this Section, any pleadings, objections, motions or agreements which assert rights or interests available
to secured creditors solely with respect to the ABL Priority Collateral or the Term Loan Priority Collateral; and

 

(v)         vote
on any Plan of Reorganization, file any proof of claim, make other filings and make any arguments and motions (including in support
of or opposition to, as applicable, the confirmation or approval of any Plan of Reorganization) that are, in each case, in accordance
with the terms of this Agreement. Without limiting the generality of the foregoing or of the other provisions of this Agreement,
any vote to accept, and any other act to support the confirmation or approval of, any Non-Conforming Plan of Reorganization shall
be inconsistent with and accordingly, a violation of the terms of this Agreement, and the ABL Collateral Representative shall be
entitled to have any such vote to accept a Non-Conforming Plan of Reorganization changed and any such support of any Non-Conforming
Plan of Reorganization withdrawn.

 

(k)          Notwithstanding
any other provision of this Agreement, nothing contained herein shall be construed to prevent (i) the ABL Agent or
any ABL Secured Party, or any Additional ABL Agent or any Additional ABL Secured Party or any Additional Term Agent or any Additional
Term Secured Party, from objecting to any proposed retention of Collateral by the Term Loan Agent or any Term Loan Secured Party
in full or partial satisfaction of any Term Loan Obligations, (ii) the Term Loan Agent or any Term Loan Secured Party,
or any Additional Term Agent or any Additional Term Secured Party or any Additional ABL Agent or any Additional ABL Secured Party,
from objecting to any proposed retention of Collateral by the ABL Agent or any ABL Secured Party in full or partial satisfaction
of any ABL Obligations, (iii) the ABL Agent or any ABL Secured Party, or any Additional ABL Agent or any Additional
ABL Secured Party or the Term Loan Agent or any Term Loan Secured Party, or any other Additional Term Agent or any other Additional
Term Secured Party, from objecting to any proposed retention of Collateral by any Additional Term Agent or any Additional Term
Secured Party in full or partial satisfaction of any Additional Term Obligations, or (iv) the Term Loan Agent or any
Term Loan Secured Party, or any Additional Term Agent or any Additional Term Secured Party or the ABL Agent or any ABL Secured
Party, or any other Additional ABL Agent or any other Additional ABL Secured Party, from objecting to any proposed retention of
Collateral by any Additional ABL Agent or any Additional ABL Secured Party in full or partial satisfaction of any Additional ABL
Obligations.

 

    	 	63	 

     

    

  

Section 2.4 Exercise
of Rights.

 

(a)          Notice
of ABL Agent’s Lien.

 

(i)          Without
limiting Section 2.3 hereof, the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, hereby agrees that,
until the Discharge of ABL Obligations, in connection with any Exercise of Secured Creditor Remedies by the Term Loan Agent (including
in its capacity as Term Loan Collateral Representative, if applicable) or any Term Loan Secured Party with respect to any ABL Priority
Collateral, the Term Loan Agent or such Term Loan Secured Party, as applicable, shall advise any purchaser or transferee of any
ABL Priority Collateral in writing that the sale (whether public, private, by foreclosure, or otherwise) or other transfer is subject
to the Liens of the ABL Agent and the ABL Secured Parties, unless the ABL Agent otherwise consents in writing. In addition, the
Term Loan Agent agrees, on behalf of itself and the Term Loan Secured Parties, that, until the Discharge of ABL Obligations, any
notice of any proposed foreclosure or sale of any ABL Priority Collateral and any other notice in connection with the Exercise
of Secured Creditor Remedies with respect thereto shall state prominently and clearly that the sale is subject to the ABL Agent’s
and the ABL Secured Parties’ prior Liens and that such Liens shall continue as against the ABL Priority Collateral to be
sold, unless the ABL Agent otherwise consents in writing.

 

(ii)         Without
limiting Section 2.3 hereof, any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented
thereby, hereby agrees that, until the Discharge of ABL Obligations, in connection with any Exercise of Secured Creditor Remedies
by such Additional Term Agent (including in its capacity as Term Loan Collateral Representative, if applicable) or any such Additional
Term Secured Party with respect to any ABL Priority Collateral, such Additional Term Agent or Additional Term Secured Party, as
applicable, shall advise any purchaser or transferee of any ABL Priority Collateral in writing that the sale (whether public, private,
by foreclosure, or otherwise) or other transfer is subject to the Liens of the ABL Agent and the ABL Secured Parties, unless the
ABL Agent otherwise consents in writing. In addition, any Additional Term Agent agrees, on behalf of itself and any Additional
Term Secured Parties represented thereby, that, until the Discharge of ABL Obligations, any notice of any proposed foreclosure
or sale of any ABL Priority Collateral and any other notice in connection with the Exercise of Secured Creditor Remedies with respect
thereto shall state prominently and clearly that the sale is subject to the ABL Agent’s and the ABL Secured Parties’
prior Liens and that such Liens shall continue as against the ABL Priority Collateral to be sold, unless the ABL Agent otherwise
consents in writing.

 

    	 	64	 

     

    

 

(b)         Notice
of Term Loan Agent’s Lien.

 

(i)          Without
limiting Section 2.3 hereof, the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby agrees that, until the
Discharge of Term Loan Obligations, in connection with any Exercise of Secured Creditor Remedies by the ABL Agent (including in
its capacity as ABL Collateral Representative, if applicable) or any ABL Secured Party with respect to the Term Loan Priority Collateral,
the ABL Agent or such ABL Secured Party, as applicable, shall advise any purchaser or transferee of any Term Loan Priority Collateral
in writing that the sale (whether public, private, by foreclosure, or otherwise) or other transfer is subject to the Liens of the
Term Loan Agent and the Term Loan Secured Parties, unless the Term Loan Agent otherwise consents in writing. In addition, the ABL
Agent agrees, on behalf of itself and the ABL Secured Parties, that, until the Discharge of Term Loan Obligations, any notice of
any proposed foreclosure or sale of any Term Loan Priority Collateral and any other notice in connection with the Exercise of Secured
Creditor Remedies with respect thereto shall state prominently and clearly that the sale is subject to the Term Loan Agent’s
and the Term Loan Secured Parties’ prior Liens and that such Liens shall continue as against the Term Loan Priority Collateral
to be sold, unless the Term Loan Agent otherwise consents in writing.

 

(ii)         Without
limiting Section 2.3 hereof, any Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented
thereby, hereby agrees that, until the Discharge of Term Loan Obligations, in connection with any Exercise of Secured Creditor
Remedies by such Additional ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) or any such Additional
ABL Secured Party with respect to any Term Loan Priority Collateral, such Additional ABL Agent or Additional ABL Secured Party,
as applicable, shall advise any purchaser or transferee of any Term Loan Priority Collateral in writing that the sale (whether
public, private, by foreclosure, or otherwise) or other transfer is subject to the Liens of the Term Loan Agent and the Term Loan
Secured Parties, unless the Term Loan Agent otherwise consents in writing. In addition, any Additional ABL Agent agrees, on behalf
of itself and any Additional ABL Secured Parties represented thereby, that, until the Discharge of Term Loan Obligations, any notice
of any proposed foreclosure or sale of any Term Loan Priority Collateral and any other notice in connection with the Exercise of
Secured Creditor Remedies with respect thereto shall state prominently and clearly that the sale is subject to the Term Loan Agent’s
and the Term Loan Secured Parties’ prior Liens and that such Liens shall continue as against the Term Loan Priority Collateral
to be sold, unless the Term Loan Agent otherwise consents in writing.

 

    	 	65	 

     

    

 

(c)         Notice
of Additional Term Agent’s Lien.

 

(i)          Without
limiting Section 2.3 hereof, the ABL Agent, on behalf of itself and the ABL Secured Parties, hereby agrees that, until the
Discharge of Additional Term Obligations, in connection with any Exercise of Secured Creditor Remedies by the ABL Agent (including
in its capacity as ABL Collateral Representative, if applicable) or any ABL Secured Party with respect to any Term Loan Priority
Collateral, the ABL Agent or such ABL Secured Party, as applicable, shall advise any purchaser or transferee of any Term Loan Priority
Collateral in writing that the sale (whether public, private, by foreclosure, or otherwise) or other transfer is subject to the
Liens of any Additional Term Agent and any Additional Term Secured Parties (except as may be separately otherwise agreed in writing
by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and
the ABL Agent, on behalf of itself and the ABL Secured Parties). In addition, the ABL Agent agrees, on behalf of itself and the
ABL Secured Parties, that, until the Discharge of Additional Term Obligations, any notice of any proposed foreclosure or sale of
any Term Loan Priority Collateral and any other notice in connection with the Exercise of Secured Creditor Remedies with respect
thereto shall state prominently and clearly that the sale is subject to any Additional Term Agent’s and any Additional Term
Secured Parties’ prior Liens and that such Liens shall continue as against the Term Loan Priority Collateral to be sold (except
as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself and the Additional
Term Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

(ii)         Without
limiting Section 2.3 hereof, any Additional ABL Agent, on behalf of itself and any Additional ABL Secured Parties represented
thereby, hereby agrees that, until the Discharge of Additional Term Obligations, in connection with any Exercise of Secured Creditor
Remedies by such Additional ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) or Additional
ABL Secured Party with respect to any ABL Priority Collateral, such Additional ABL Agent or Additional ABL Secured Party, as applicable,
shall advise any purchaser or transferee of any Term Loan Priority Collateral in writing that the sale (whether public, private,
by foreclosure, or otherwise) or other transfer is subject to the Liens of any Additional Term Agent and any Additional Term Secured
Parties (except as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself
and the Additional Term Secured Parties represented thereby, and such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby). In addition, any Additional ABL Agent agrees, on behalf of itself and any Additional
ABL Secured Parties represented thereby, that, until the Discharge of Additional Term Obligations, any notice of any proposed foreclosure
or sale of any Term Loan Priority Collateral and any other notice in connection with the Exercise of Secured Creditor Remedies
with respect thereto shall state prominently and clearly that the sale is subject to any Additional Term Agent’s and any
Additional Term Secured Parties’ prior Liens and that such Liens shall continue as against the Term Loan Priority Collateral
to be sold (except as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of itself
and the Additional Term Secured Parties represented thereby, and such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby).

 

    	 	66	 

     

    

 

(d)         Notice
of Additional ABL Agent’s Lien.

 

(i)          Without
limiting Section 2.3 hereof, the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, hereby agrees that,
until the Discharge of Additional ABL Obligations, in connection with any Exercise of Secured Creditor Remedies by the Term Loan
Agent (including in its capacity as Term Loan Collateral Representative, if applicable) or any Term Loan Secured Party with respect
to any ABL Priority Collateral, the Term Loan Agent or such Term Loan Secured Party, as applicable, shall advise any purchaser
or transferee of any ABL Priority Collateral in writing that the sale (whether public, private, by foreclosure, or otherwise) or
other transfer is subject to the Liens of any Additional ABL Agent and any Additional ABL Secured Parties. In addition, the Term
Loan Agent agrees, on behalf of itself and the Term Loan Secured Parties, that, until the Discharge of Additional ABL Obligations,
any notice of any proposed foreclosure or sale of any ABL Priority Collateral and any other notice in connection with the Exercise
of Secured Creditor Remedies with respect thereto shall state prominently and clearly that the sale is subject to any Additional
ABL Agent’s and any Additional ABL Secured Parties’ prior Liens and that such Liens shall continue as against the ABL
Priority Collateral to be sold.

 

(ii)         Without
limiting Section 2.3 hereof, any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented
thereby, hereby agrees that, until the Discharge of Additional ABL Obligations, in connection with any Exercise of Secured Creditor
Remedies by such Additional Term Agent (including in its capacity as Term Loan Collateral Representative, if applicable) or Additional
Term Secured Party with respect to any ABL Priority Collateral, such Additional Term Agent or Additional Term Secured Party, as
applicable, shall advise any purchaser or transferee of any ABL Priority Collateral in writing that the sale (whether public, private,
by foreclosure, or otherwise) or other transfer is subject to the Liens of any Additional ABL Agent and any Additional ABL Secured
Parties. In addition, any Additional Term Agent agrees, on behalf of itself and any Additional Term Secured Parties represented
thereby, that, until the Discharge of Additional ABL Obligations, any notice of any proposed foreclosure or sale of any ABL Priority
Collateral and any other notice in connection with the Exercise of Secured Creditor Remedies with respect thereto shall state prominently
and clearly that the sale is subject to any Additional ABL Agent’s and any Additional ABL Secured Parties’ prior Liens
and that such Liens shall continue as against the ABL Priority Collateral to be sold.

 

    	 	67	 

     

    

  

(e)         No
Other Restrictions.

 

(i)          Except
as otherwise set forth in this Agreement, each of the Term Loan Agent, the Term Loan Secured Parties, the ABL Agent, the ABL Secured
Parties, any Additional Agent and any Additional Secured Parties shall have any and all rights and remedies it may have as a creditor
under applicable law, including the right to the Exercise of Secured Creditor Remedies (except as may be separately otherwise agreed
in writing by and between or among any applicable Parties, solely as among such Parties and the Secured Parties represented thereby),
provided, however, that the Exercise of Secured Creditor Remedies with respect to the Collateral shall be subject
to the Lien Priority and to the provisions of this Agreement, including Sections 2.3 and 4.1 hereof. The ABL Agent
(including in its capacity as ABL Collateral Representative, if applicable) may enforce the provisions of the ABL Documents, the
Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) may enforce the provisions of
the Term Loan Documents, any Additional Term Agent (including in its capacity as Term Loan Collateral Representative, if applicable)
may enforce the provisions of the Additional Term Documents, any Additional ABL Agent (including in its capacity as ABL Collateral
Representative, if applicable) may enforce the provisions of the Additional ABL Documents, and each may Exercise Any Secured Creditor
Remedies, all in such order and in such manner as each may determine in the exercise of its sole discretion, consistent with the
terms of this Agreement and mandatory provisions of applicable law (except as may be separately otherwise agreed in writing by
and between or among any applicable Parties, solely as among such Parties and the Secured Parties represented thereby); provided,
however, that each of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), the Term
Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable), any Additional Term Agent (including
in its capacity as Term Loan Collateral Representative, if applicable) and any Additional ABL Agent (including in its capacity
as ABL Collateral Representative, if applicable) agrees to provide to each other such Party copies of any notices that it is required
under applicable law to deliver to any Credit Party; provided, further, however, that the ABL Agent’s
failure to provide any such copies to any other such Party shall not impair any of the ABL Agent’s rights hereunder or under
any of the ABL Documents, the Term Loan Agent’s failure to provide any such copies to any other such Party shall not impair
any of the Term Loan Agent’s rights hereunder or under any of the Term Loan Documents, any failure by any Additional Term
Agent to provide any such copies to any other such Party shall not impair any of such Additional Term Agent’s rights hereunder
or under any of the Additional Term Documents and any failure by any Additional ABL Agent to provide any such copies to any other
such Party shall not impair any of such Additional ABL Agent’s rights hereunder or under any of the Additional ABL Documents.

 

(ii)         Each
of the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) and the Term Loan Secured
Parties agrees that it will not institute or join in any suit, Insolvency Proceeding or other proceeding or assert in any suit,
Insolvency Proceeding or other proceeding any claim against the ABL Agent or any other ABL Secured Party seeking damages from or
other relief by way of specific performance, instructions or otherwise, with respect to, any action taken or omitted to be taken
by such Person with respect to the Collateral that is consistent with the terms of this Agreement, and none of such Persons shall
be liable for any such action taken or omitted to be taken. Each of the Term Loan Agent (including in its capacity as Term Loan
Collateral Representative, if applicable) and the Term Loan Secured Parties agrees that it will not institute or join in any suit,
Insolvency Proceeding or other proceeding or assert in any suit, Insolvency Proceeding or other proceeding any claim against any
Additional Agent or any other Additional Secured Party seeking damages from or other relief by way of specific performance, instructions
or otherwise, with respect to, any action taken or omitted to be taken by such Person with respect to the Collateral that is consistent
with the terms of this Agreement, and none of such Persons shall be liable for any such action taken or omitted to be taken (except
as may be separately agreed in writing by and between such Additional Agent and the Additional Secured Parties represented thereby
and the Term Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	68	 

     

    

 

(iii)        Each
of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) and the ABL Secured Parties agrees
that it will not institute or join in any suit, Insolvency Proceeding or other proceeding or assert in any suit, Insolvency Proceeding
or other proceeding any claim against the Term Loan Agent or any other Term Loan Secured Party seeking damages from or other relief
by way of specific performance, instructions or otherwise, with respect to, any action taken or omitted to be taken by such Person
with respect to the Collateral that is consistent with the terms of this Agreement, and none of such Persons shall be liable for
any such action taken or omitted to be taken. Each of the ABL Agent (including in its capacity as ABL Collateral Representative,
if applicable) and the ABL Secured Parties agrees that it will not institute or join in any suit, Insolvency Proceeding or other
proceeding or assert in any suit, Insolvency Proceeding or other proceeding any claim against any Additional Agent or any other
Additional Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise, with respect
to, any action taken or omitted to be taken by such Person with respect to the Collateral that is consistent with the terms of
this Agreement, and none of such Persons shall be liable for any such action taken or omitted to be taken (except as may be separately
otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented
thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

(iv)        Each
of any Additional Agent (including in its capacity as Term Loan Collateral Representative or ABL Collateral Representative, if
and as applicable) and the Additional Secured Parties agrees that it will not institute or join in any suit, Insolvency Proceeding
or other proceeding or assert in any suit, Insolvency Proceeding or other proceeding any claim against the ABL Agent or any other
ABL Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise, with respect
to, any action taken or omitted to be taken by such Person with respect to the Collateral that is consistent with the terms of
this Agreement, and none of such Persons shall be liable for any such action taken or omitted to be taken (except as may be separately
otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented
thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). Each of any Additional Agent (including in its capacity
as Term Loan Collateral Representative or ABL Collateral Representative, if and as applicable) and the Additional Secured Parties
agrees that it will not institute or join in any suit, Insolvency Proceeding or other proceeding or assert in any suit, Insolvency
Proceeding or other proceeding any claim against the Term Loan Agent or any other Term Loan Secured Party seeking damages from
or other relief by way of specific performance, instructions or otherwise, with respect to, any action taken or omitted to be taken
by such Person with respect to the Collateral that is consistent with the terms of this Agreement, and none of such Persons shall
be liable for any such action taken or omitted to be taken (except as may be separately otherwise agreed in writing by and between
such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and the Term Loan Agent, on
behalf of itself and the Term Loan Secured Parties). Each of any Additional Agent (including in its capacity as Term Loan Collateral
Representative or ABL Collateral Representative, if and as applicable) and the Additional Secured Parties represented thereby agrees
that it will not institute or join in any suit, Insolvency Proceeding or other proceeding or assert in any suit, Insolvency Proceeding
or other proceeding any claim against any other Additional Agent or any Additional Secured Party represented by such other Additional
Agent, seeking damages from or other relief by way of specific performance, instructions or otherwise, with respect to, any action
taken or omitted to be taken by such Person with respect to the Collateral that is consistent with the terms of this Agreement,
and none of such Persons shall be liable for any such action taken or omitted to be taken (except as may be separately otherwise
agreed in writing by and between such Additional Agents, in each case on behalf of itself and the Additional Secured Parties represented
thereby).

 

    	 	69	 

     

    

 

(f)          Release
of Liens.

 

(i)          In
the event of (A) any private or public sale of all or any portion of the ABL Priority Collateral in connection with
any Exercise of Secured Creditor Remedies by or with the consent of the ABL Collateral Representative, (B) any sale,
transfer or other disposition of all or any portion of the ABL Priority Collateral, so long as such sale, transfer or other disposition
is then permitted by the ABL Priority Collateral Documents, (C) the release of the ABL Collateral Secured Parties’
Lien on all or any portion of the ABL Priority Collateral, which release under clause (C) shall have been approved by the Requisite
ABL Holders, in the case of clauses (B) and (C) only to the extent occurring prior to the Discharge of ABL Collateral Obligations
and not in connection with a Discharge of ABL Obligations (and irrespective of whether an Event of Default has occurred), or (D) the
termination and discharge of a subsidiary guaranty in accordance with the terms thereof, (x) the Term Loan Agent agrees,
on behalf of itself and the Term Loan Secured Parties, that (so long as, if applicable, the net cash proceeds of any such sale,
if any, described in clause (A) above are applied as provided in Section 4.1 hereof and there is a corresponding release
of the Liens on such ABL Priority Collateral securing the ABL Obligations) such sale or release will be free and clear of the Liens
on such ABL Priority Collateral securing the Term Loan Obligations, and the Term Loan Agent’s and the Term Loan Secured Parties’
Liens with respect to the ABL Priority Collateral so sold, transferred, disposed or released shall terminate and be automatically
released without further action and (y) any Additional Term Agent agrees, on behalf of itself and any Additional Term
Secured Parties represented thereby, that (so long as, if applicable, the net cash proceeds of any such sale, if any, described
in clause (A) above are applied as provided in Section 4.1 hereof and there is a corresponding release of the Liens on such
ABL Priority Collateral securing the ABL Obligations) such sale or release will be free and clear of the Liens on such ABL Priority
Collateral securing the Additional Term Obligations, and such Additional Term Agent’s and the applicable Additional Term
Secured Parties’ Liens with respect to the ABL Priority Collateral so sold, transferred, disposed or released shall terminate
and be automatically released without further action. In furtherance of, and subject to, the foregoing, each of the Term Loan Agent
and any Additional Term Agent agrees that it will execute any and all Lien releases or other documents reasonably requested by
the ABL Collateral Representative in connection therewith. Each of the Term Loan Agent and any Additional Term Agent hereby appoints
the ABL Collateral Representative and any officer or duly authorized person of the ABL Collateral Representative, with full power
of substitution, as its true and lawful attorney-in-fact with full irrevocable power of attorney in the place and stead of such
Party and in the name of such Party or in the ABL Collateral Representative’s own name, from time to time, in the ABL Collateral
Representative’s sole discretion, for the purposes of carrying out the terms of this paragraph, to take any and all appropriate
action and to execute and deliver any and all documents and instruments as may be necessary or desirable to accomplish the purposes
of this paragraph, including any financing statements, endorsements, assignments, releases or other documents or instruments of
transfer (which appointment, being coupled with an interest, is irrevocable). In the event of any private or public sale of all
or any portion of the ABL Priority Collateral in connection with any Exercise of Secured Creditor Remedies by or with the consent
of the ABL Collateral Representative, each Additional ABL Agent agrees, on behalf of the Additional ABL Secured Parties, that (so
long as, if applicable, the net cash proceeds of any such sale, if any, are applied as provided in Section 4.1 hereof and
there is a corresponding release of the Liens on the ABL Priority Collateral securing the ABL Obligations), such sale or release
will be free and clear of its Liens on such ABL Priority Collateral securing the Additional ABL Obligations, and the Additional
ABL Agent’s and the Additional ABL Secured Parties’ Liens with respect to the ABL Priority Collateral so sold, transferred,
disposed or released shall terminate and be automatically released without further action. In furtherance of, and subject to, the
foregoing, each Additional ABL Agent agrees that it will execute any and all Lien releases or other documents reasonably requested
by the ABL Collateral Representative in connection therewith. Each Additional ABL Agent hereby appoints the ABL Collateral Representative
and any officer or duly authorized person of the ABL Collateral Representative, with full power of substitution, as its true and
lawful attorney-in-fact with full irrevocable power of attorney in the place and stead of such Party and in the name of such Party
or in the ABL Collateral Representative’s own name, from time to time, in the ABL Collateral Representative’s sole
discretion, for the purposes of carrying out the terms of this paragraph, to take any and all appropriate action and to execute
and deliver any and all documents and instruments as may be necessary or desirable to accomplish the purposes of this paragraph,
including any financing statements, endorsements, assignments, releases or other documents or instruments of transfer (which appointment,
being coupled with an interest, is irrevocable).

 

    	 	70	 

     

    

 

(ii)         In
the event of (A) any private or public sale of all or any portion of the Term Loan Priority Collateral in connection
with any Exercise of Secured Creditor Remedies by or with the consent of the Term Loan Collateral Representative, (B) any
sale, transfer or other disposition of all or any portion of the Term Loan Priority Collateral, so long as such sale, transfer
or other disposition is then permitted by the Term Loan Priority Collateral Documents, (C) the release of the Term
Loan Collateral Secured Parties’ Liens on all or any portion of the Term Loan Priority Collateral, which release under this
clause (C) shall have been approved by the Requisite Term Holders, in the case of clauses (B) and (C) only to the extent occurring
prior to the Discharge of Term Loan Collateral Obligations and not in connection with a Discharge of Term Loan Collateral Obligations
(and irrespective of whether an Event of Default has occurred), or (D) the termination and discharge of a subsidiary
guaranty in accordance with the terms thereof, (x) the ABL Agent agrees, on behalf of itself and the ABL Secured Parties,
that (so long as, if applicable, the net cash proceeds of any such sale, if any, described in clause (A) above are applied as provided
in Section 4.1 hereof and there is a corresponding release of the Liens on such Term Loan Priority Collateral securing the
Term Loan Collateral Obligations) such sale or release will be free and clear of the Liens on such Term Loan Priority Collateral
securing the ABL Obligations and the ABL Agent’s and the ABL Secured Parties’ Liens with respect to the Term Loan Priority
Collateral so sold, transferred, disposed or released shall terminate and be automatically released without further action and
(y) any Additional ABL Agent agrees, on behalf of itself and any Additional ABL Secured Parties represented thereby,
that (so long as, if applicable, the net cash proceeds of any such sale, if any, described in clause (A) above are applied as provided
in Section 4.1 hereof and there is a corresponding release of the Liens on such Term Loan Priority Collateral securing the
Term Loan Collateral Obligations) such sale or release will be free and clear of the Liens on such Term Loan Priority Collateral
securing the Additional ABL Obligations, and such Additional ABL Agent’s and the applicable Additional ABL Secured Parties’
Liens with respect to the Term Loan Priority Collateral so sold, transferred, disposed or released shall terminate and be automatically
released without further action. In furtherance of, and subject to, the foregoing, each of the ABL Agent and each Additional ABL
Agent agrees that it will execute any and all Lien releases or other documents reasonably requested by the Term Loan Collateral
Representative in connection therewith. Each of the ABL Agent and each Additional ABL Agent hereby appoints the Term Loan Collateral
Representative and any officer or duly authorized person of the Term Loan Collateral Representative, with full power of substitution,
as its true and lawful attorney-in-fact with full irrevocable power of attorney in the place and stead of such Party and in the
name of such Party or in the Term Loan Collateral Representative’s own name, from time to time, in the Term Loan Collateral
Representative’s sole discretion, for the purposes of carrying out the terms of this paragraph, to take any and all appropriate
action and to execute and deliver any and all documents and instruments as may be necessary or desirable to accomplish the purposes
of this paragraph, including any financing statements, endorsements, assignments, releases or other documents or instruments of
transfer (which appointment, being coupled with an interest, is irrevocable). In the event of any private or public sale of all
or any portion of the Term Loan Priority Collateral in connection with any Exercise of Secured Creditor Remedies by or with the
consent of the Term Loan Collateral Representative, each Additional Term Agent agrees, on behalf of the Additional Term Secured
Parties, that (so long as, if applicable, the net cash proceeds of any such sale, if any, are applied as provided in Section
4.1 hereof and there is a corresponding release of the Liens on such Term Loan Priority Collateral securing the Term Loan Collateral
Obligations), such sale or release will be free and clear of its Liens on such Term Loan Priority Collateral securing the Additional
Term Obligations, and the Additional Term Agent’s and the Additional Term Secured Parties’ Liens with respect to the
Term Loan Priority Collateral so sold, transferred, disposed or released shall terminate and be automatically released without
further action. In furtherance of, and subject to, the foregoing, each Additional Term Agent agrees that it will execute any and
all Lien releases or other documents reasonably requested by the Term Loan Collateral Representative in connection therewith. Each
Additional Term Agent hereby appoints the Term Loan Collateral Representative and any officer or duly authorized person of the
Term Loan Collateral Representative, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable
power of attorney in the place and stead of such Party and in the name of such Party or in the Term Loan Collateral Representative’s
own name, from time to time, in the Term Loan Collateral Representative’s sole discretion, for the purposes of carrying out
the terms of this paragraph, to take any and all appropriate action and to execute and deliver any and all documents and instruments
as may be necessary or desirable to accomplish the purposes of this paragraph, including any financing statements, endorsements,
assignments, releases or other documents or instruments of transfer (which appointment, being coupled with an interest, is irrevocable).

 

    	 	71	 

     

    

 

Section 2.5 No New
Liens. (a) Until the Discharge of ABL Obligations, the parties hereto agree that (except as may be separately otherwise agreed
in writing by and between the relevant Agents, each on behalf of itself and the Secured Parties represented thereby):

 

(i)          No
Term Loan Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Term Loan Obligation
which assets are not also subject to the Lien of the ABL Agent under the ABL Documents, subject to the Lien Priority set forth
herein. If any Term Loan Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party securing any
Term Loan Obligation which assets are not also subject to the Lien of the ABL Agent under the ABL Documents, subject to the Lien
Priority set forth herein, then the Term Loan Agent (or the relevant Term Loan Secured Party) shall, without the need for any further
consent of any other Term Loan Secured Party and notwithstanding anything to the contrary in any other Term Loan Document, be deemed
to also hold and have held such Lien for the benefit of the ABL Agent as security for the ABL Obligations (subject to the Lien
Priority and other terms hereof) and shall promptly notify the ABL Agent in writing of the existence of such Lien. For the avoidance
of doubt, this paragraph (i) shall not apply to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness
or Capitalized Lease Obligation owing to any Term Loan Secured Party, or any Lien on any property that has been sold or otherwise
transferred in connection with a sale and leaseback transaction entered into with any Term Loan Secured Party, or that consists
of property subject to any such sale and leaseback transaction or general intangibles related thereto (in each case, to the extent
such property constitutes Excluded Assets (as defined in the ABL Documents)).

 

(ii)         No
Additional Term Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
Term Obligation which assets are not also subject to the Lien of the ABL Agent under the ABL Documents, subject to the Lien Priority
set forth herein. If any Additional Term Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party
securing any Additional Term Obligation which assets are not also subject to the Lien of the ABL Agent under the ABL Documents,
subject to the Lien Priority set forth herein, then the relevant Additional Term Agent (or the relevant Additional Term Secured
Party) shall, without the need for any further consent of any other Additional Term Secured Party and notwithstanding anything
to the contrary in any other Additional Term Document, be deemed to also hold and have held such Lien for the benefit of the ABL
Agent as security for the ABL Obligations (subject to the Lien Priority and other terms hereof) and shall promptly notify the ABL
Agent in writing of the existence of such Lien. For the avoidance of doubt, this paragraph (ii) shall not apply to any Lien on
any property of any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation owing to any Additional
Term Secured Party, or any Lien on any property that has been sold or otherwise transferred in connection with a sale and leaseback
transaction entered into with any Additional Term Secured Party, or that consists of property subject to any such sale and leaseback
transaction or general intangibles related thereto (in each case, to the extent such property constitutes Excluded Assets (as defined
in the ABL Documents)).

 

    	 	72	 

     

    

  

(iii)        No
Additional ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
ABL Obligation which assets are not also subject to the Lien of the ABL Agent under the ABL Documents, subject to the Lien Priority
set forth herein. If any Additional ABL Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party
securing any Additional ABL Obligation which assets are not also subject to the Lien of the ABL Agent under the ABL Documents,
subject to the Lien Priority set forth herein, then the relevant Additional ABL Agent (or the relevant Additional ABL Secured Party)
shall, without the need for any further consent of any other Additional ABL Secured Party and notwithstanding anything to the contrary
in any other Additional ABL Document, be deemed to also hold and have held such Lien for the benefit of the ABL Agent as security
for the ABL Obligations (subject to the Lien Priority and other terms hereof) and shall promptly notify the ABL Agent in writing
of the existence of such Lien. For the avoidance of doubt, this paragraph (iii) shall not apply to any Lien on any property of
any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation owing to any Additional ABL Secured Party,
or any Lien on any property that has been sold or otherwise transferred in connection with a sale and leaseback transaction entered
into with any Additional ABL Secured Party, or that consists of property subject to any such sale and leaseback transaction or
general intangibles related thereto (in each case, to the extent such property constitutes Excluded Assets (as defined in the ABL
Documents)).

 

(b)         Until
the Discharge of Term Loan Obligations, the parties hereto agree that (except as may be separately otherwise agreed in writing
by and between the relevant Agents, each on behalf of itself and the Secured Parties represented thereby):

 

(i)          No
ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any ABL Obligation which
assets are not also subject to the Lien of the Term Loan Agent under the Term Loan Documents, subject to the Lien Priority set
forth herein. If any ABL Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party securing any
ABL Obligation which assets are not also subject to the Lien of the Term Loan Agent under the Term Loan Documents, subject to the
Lien Priority set forth herein, then the ABL Agent (or the relevant ABL Secured Party) shall, without the need for any further
consent of any other ABL Secured Party and notwithstanding anything to the contrary in any other ABL Document be deemed to also
hold and have held such Lien for the benefit of the Term Loan Agent as security for the Term Loan Obligations (subject to the Lien
Priority and other terms hereof) and shall promptly notify the Term Loan Agent in writing of the existence of such Lien. For the
avoidance of doubt, this paragraph (i) shall not apply to any Lien on any property of any Credit Party securing any Purchase Money
Indebtedness or Capitalized Lease Obligation owing to any ABL Secured Party, or any Lien on any property that has been sold or
otherwise transferred in connection with a sale and leaseback transaction entered into with any ABL Secured Party, or that consists
of property subject to any such sale and leaseback transaction or general intangibles related thereto (in each case, to the extent
such property constitutes Excluded Assets (as defined in the Term Loan Documents)).

 

    	 	73	 

     

    

  

(ii)         No
Additional Term Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
Term Obligation which assets are not also subject to the Lien of the Term Loan Agent under the Term Loan Documents, subject to
the Lien Priority set forth herein. If any Additional Term Secured Party shall nonetheless acquire or hold any Lien on any assets
of any Credit Party securing any Additional Term Obligation which assets are not also subject to the Lien of the Term Loan Agent
under the Term Loan Documents, subject to the Lien Priority set forth herein, then the relevant Additional Term Agent (or the relevant
Additional Term Secured Party) shall, without the need for any further consent of any other Additional Term Secured Party and notwithstanding
anything to the contrary in any other Additional Term Document, be deemed to also hold and have held such Lien for the benefit
of the Term Loan Agent as security for the Term Loan Obligations (subject to the Lien Priority and other terms hereof) and shall
promptly notify the Term Loan Agent in writing of the existence of such Lien. For the avoidance of doubt, this paragraph (ii) shall
not apply to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation
owing to any Additional Term Secured Party, or any Lien on any property that has been sold or otherwise transferred in connection
with a sale and leaseback transaction entered into with any Additional Term Secured Party, or that consists of property subject
to any such sale and leaseback transaction or general intangibles related thereto (in each case, to the extent such property constitutes
Excluded Assets (as defined in the applicable Term Loan Documents)).

 

(iii)        No
Additional ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
ABL Obligation which assets are not also subject to the Lien of the Term Loan Agent under the Term Loan Documents, subject to the
Lien Priority set forth herein. If any Additional ABL Secured Party shall nonetheless acquire or hold any Lien on any assets of
any Credit Party securing any Additional ABL Obligation which assets are not also subject to the Lien of the Term Loan Agent under
the Term Loan Documents, subject to the Lien Priority set forth herein, then the relevant Additional ABL Agent (or the relevant
Additional ABL Secured Party) shall, without the need for any further consent of any other Additional ABL Secured Party and notwithstanding
anything to the contrary in any other Additional ABL Document, be deemed to also hold and have held such Lien for the benefit of
the Term Loan Agent as security for the Term Loan Obligations (subject to the Lien Priority and other terms hereof) and shall promptly
notify the Term Loan Agent in writing of the existence of such Lien. For the avoidance of doubt, this paragraph (iii) shall not
apply to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation
owing to any Additional ABL Secured Party, or any Lien on any property that has been sold or otherwise transferred in connection
with a sale and leaseback transaction entered into with any Additional ABL Secured Party, or that consists of property subject
to any such sale and leaseback transaction or general intangibles related thereto (in each case, to the extent such property constitutes
Excluded Assets (as defined in the Term Loan Documents)).

 

    	 	74	 

     

    

  

(c)          Until
the Discharge of Additional Term Obligations, the parties hereto agree that (except as may be separately otherwise agreed in writing
by and between the relevant Agents, each on behalf of itself and the Secured Parties represented thereby):

 

(i)          No
ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any ABL Obligation which
assets are not also subject to the Lien of each Additional Term Agent under the Additional Term Documents, subject to the Lien
Priority set forth herein. If any ABL Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party
securing any ABL Obligation which assets are not also subject to the Lien of each Additional Term Agent under the Additional Term
Documents, subject to the Lien Priority set forth herein, then the ABL Agent (or the relevant ABL Secured Party) shall, without
the need for any further consent of any other ABL Secured Party and notwithstanding anything to the contrary in any other ABL Document
be deemed to also hold and have held such Lien for the benefit of each Additional Term Agent as security for the Additional Term
Obligations (subject to the Lien Priority and other terms hereof) and shall promptly notify each Additional Term Agent in writing
of the existence of such Lien. For the avoidance of doubt, this paragraph (i) shall not apply to any Lien on any property of any
Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation owing to any ABL Secured Party, or any Lien
on any property that has been sold or otherwise transferred in connection with a sale and leaseback transaction entered into with
any ABL Secured Party, or that consists of property subject to any such sale and leaseback transaction or general intangibles related
thereto (in each case, to the extent such property constitutes Excluded Assets (as defined in the applicable Additional Term Documents)).

 

(ii)         No
Term Loan Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Term Loan Obligation
which assets are not also subject to the Lien of each Additional Term Agent under the Additional Term Documents, subject to the
Lien Priority set forth herein and except as may be separately otherwise agreed in writing by and between any Additional Term Agent,
on behalf of itself and the Additional Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and
the Term Loan Secured Parties. If any Term Loan Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit
Party securing any Term Loan Obligation which assets are not also subject to the Lien of each Additional Term Agent under the Additional
Term Documents, subject to the Lien Priority set forth herein, then the Term Loan Agent (or the relevant Term Loan Secured Party)
shall, without the need for any further consent of any other Term Loan Secured Party and notwithstanding anything to the contrary
in any other Term Loan Document be deemed to also hold and have held such Lien for the benefit of each Additional Term Agent as
security for the Additional Term Obligations (subject to the Lien Priority and other terms hereof) and shall promptly notify each
Additional Term Agent in writing of the existence of such Lien. For the avoidance of doubt, this paragraph (ii) shall not apply
to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation owing
to any Term Loan Secured Party, or any Lien on any property that has been sold or otherwise transferred in connection with a sale
and leaseback transaction entered into with any Term Loan Secured Party, or that consists of property subject to any such sale
and leaseback transaction or general intangibles related thereto (in each case, to the extent such property constitutes Excluded
Assets (as defined in the applicable Additional Term Documents)).

 

    	 	75	 

     

    

  

(iii)        No
Additional ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
ABL Obligation which assets are not also subject to the Lien of any Additional Term Agent under the Additional Term Documents,
subject to the Lien Priority set forth herein. If any Additional ABL Secured Party shall nonetheless acquire or hold any Lien on
any assets of any Credit Party securing any Additional ABL Obligation which assets are not also subject to the Lien of any Additional
Term Agent under the Additional Term Documents, subject to the Lien Priority set forth herein, then the relevant Additional ABL
Agent (or the relevant Additional ABL Secured Party) shall, without the need for any further consent of any other Additional ABL
Secured Party and notwithstanding anything to the contrary in any other Additional ABL Document, be deemed to also hold and have
held such Lien for the benefit of each Additional Term Agent as security for the Additional Term Obligations (subject to the Lien
Priority and other terms hereof) and shall promptly notify each Additional Term Agent in writing of the existence of such Lien.
For the avoidance of doubt, this paragraph (iii) shall not apply to any Lien on any property of any Credit Party securing any Purchase
Money Indebtedness or Capitalized Lease Obligation owing to any Additional ABL Secured Party, or any Lien on any property that
has been sold or otherwise transferred in connection with a sale and leaseback transaction entered into with any Additional ABL
Secured Party, or that consists of property subject to any such sale and leaseback transaction or general intangibles related thereto
(in each case, to the extent such property constitutes Excluded Assets (as defined in the applicable Additional Term Documents)).

 

(d)          Until
the Discharge of Additional ABL Obligations, the parties hereto agree that (except as may be separately otherwise agreed in writing
by and between the relevant Agents, each on behalf of itself and the Secured Parties represented thereby):

 

(i)          No
ABL Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any ABL Obligation which
assets are not also subject to the Lien of each Additional ABL Agent under the Additional ABL Documents, subject to the Lien Priority
set forth herein and except as may be separately otherwise agreed in writing by and between any Additional ABL Agent, on behalf
of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties). If any ABL Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit Party securing any ABL
Obligation which assets are not also subject to the Lien of each Additional ABL Agent under the Additional ABL Documents, subject
to the Lien Priority set forth herein, then the ABL Agent (or the relevant ABL Secured Party) shall, without the need for any further
consent of any other ABL Secured Party and notwithstanding anything to the contrary in any other ABL Document be deemed to also
hold and have held such Lien for the benefit of each Additional ABL Agent as security for the Additional ABL Obligations (subject
to the Lien Priority and other terms hereof) and shall promptly notify each Additional ABL Agent in writing of the existence of
such Lien. For the avoidance of doubt, this paragraph (i) shall not apply to any Lien on any property of any Credit Party securing
any Purchase Money Indebtedness or Capitalized Lease Obligation owing to any ABL Secured Party, or any Lien on any property that
has been sold or otherwise transferred in connection with a sale and leaseback transaction entered into with any ABL Secured Party,
or that consists of property subject to any such sale and leaseback transaction or general intangibles related thereto (in each
case, to the extent such property constitutes Excluded Assets (as defined in the applicable Additional ABL Documents)).

 

    	 	76	 

     

    

  

(ii)         No
Term Loan Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Term Loan Obligation
which assets are not also subject to the Lien of each Additional ABL Agent under the Additional ABL Documents, subject to the Lien
Priority set forth herein. If any Term Loan Secured Party shall nonetheless acquire or hold any Lien on any assets of any Credit
Party securing any Term Loan Obligation which assets are not also subject to the Lien of each Additional ABL Agent under the Additional
ABL Documents, subject to the Lien Priority set forth herein, then the Term Loan Agent (or the relevant Term Loan Secured Party)
shall, without the need for any further consent of any other Term Loan Secured Party and notwithstanding anything to the contrary
in any other Term Loan Document be deemed to also hold and have held such Lien for the benefit of each Additional ABL Agent as
security for the Additional ABL Obligations (subject to the Lien Priority and other terms hereof) and shall promptly notify each
Additional ABL Agent in writing of the existence of such Lien. For the avoidance of doubt, this paragraph (ii) shall not apply
to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness or Capitalized Lease Obligation owing
to any Term Loan Secured Party, or any Lien on any property that has been sold or otherwise transferred in connection with a sale
and leaseback transaction entered into with any Term Loan Secured Party, or that consists of property subject to any such sale
and leaseback transaction or general intangibles related thereto (in each case, to the extent such property constitutes Excluded
Assets (as defined in the applicable Additional ABL Documents)).

 

(iii)        No
Additional Term Secured Party shall knowingly acquire or hold any Lien on any assets of any Credit Party securing any Additional
Term Obligation which assets are not also subject to the Lien of any Additional ABL Agent under the Additional ABL Documents, subject
to the Lien Priority set forth herein. If any Additional Term Secured Party shall nonetheless acquire or hold any Lien on any assets
of any Credit Party securing any Additional Term Obligation which assets are not also subject to the Lien of any Additional ABL
Agent under the Additional ABL Documents, subject to the Lien Priority set forth herein, then the relevant Additional Term Agent
(or the relevant Additional Term Secured Party) shall, without the need for any further consent of any other Additional Term Secured
Party and notwithstanding anything to the contrary in any other Additional Term Document, be deemed to also hold and have held
such Lien for the benefit of each Additional ABL Agent as security for the Additional ABL Obligations (subject to the Lien Priority
and other terms hereof) and shall promptly notify each Additional ABL Agent in writing of the existence of such Lien. For the avoidance
of doubt, this paragraph (iii) shall not apply to any Lien on any property of any Credit Party securing any Purchase Money Indebtedness
or Capitalized Lease Obligation owing to any Additional Term Secured Party, or any Lien on any property that has been sold or otherwise
transferred in connection with a sale and leaseback transaction entered into with any Additional Term Secured Party, or that consists
of property subject to any such sale and leaseback transaction or general intangibles related thereto (in each case, to the extent
such property constitutes Excluded Assets (as defined in the applicable Additional ABL Documents)).

 

    	 	77	 

     

    

  

(e)          No
Secured Party shall be deemed to be in breach of this Section 2.5 as a result of any other Secured Party expressly declining,
in writing (by virtue of the scope of the grant of Liens, including exceptions thereto, exclusions therefrom, and waivers and releases
thereof), to acquire, hold or continue to hold any Lien in any asset of any Credit Party.

 

(f)          Notwithstanding
anything to the contrary herein, the provisions of this Section 2.5 shall not apply to any Real Property.

 

Section 2.6 Waiver
of Marshalling. Until the Discharge of ABL Obligations, the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, and any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees
(including in its capacity as Term Loan Collateral Representative, if applicable) not to assert, and hereby waives, to the fullest
extent permitted by law, any right to demand, request, plead or otherwise assert or otherwise claim the benefit of, any marshalling
or other similar right that may otherwise be available under applicable law with respect to the ABL Priority Collateral or any
other similar rights a junior secured creditor may have under applicable law.

 

Until the Discharge of
Term Loan Obligations, the ABL Agent, on behalf of itself and the ABL Secured Parties, and any Additional ABL Agent, on behalf
of itself and any Additional ABL Secured Parties represented thereby, agrees (including in its capacity as ABL Collateral Representative,
if applicable) not to assert and hereby waives, to the fullest extent permitted by law, any right to demand, request, plead or
otherwise assert or otherwise claim the benefit of, any marshalling or other similar right that may otherwise be available under
applicable law with respect to the Term Loan Priority Collateral or any other similar rights a junior secured creditor may have
under applicable law.

 

Until the Discharge of
Additional Term Obligations, the ABL Agent, on behalf of itself and the ABL Secured Parties, and any Additional ABL Agent, on behalf
of itself and any Additional ABL Secured Parties represented thereby, agrees (including in its capacity as ABL Collateral Representative,
if applicable) not to assert and hereby waives, to the fullest extent permitted by law, any right to demand, request, plead or
otherwise assert or otherwise claim the benefit of, any marshalling or other similar right that may otherwise be available under
applicable law with respect to the Term Loan Priority Collateral or any other similar rights a junior secured creditor may have
under applicable law (except as may be separately otherwise agreed in writing by and between the applicable Additional Term Agent,
on behalf of itself and the Additional Term Secured Parties represented thereby, and (x) the ABL Agent, on behalf of
itself and the ABL Secured Parties, or (y) the applicable Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, as applicable).

 

    	 	78	 

     

    

 

Until the Discharge of
Additional ABL Obligations, the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and any Additional Term
Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees (including in its capacity as Term
Loan Collateral Representative, if applicable) not to assert and hereby waives, to the fullest extent permitted by law, any right
to demand, request, plead or otherwise assert or otherwise claim the benefit of, any marshalling or other similar right that may
otherwise be available under applicable law with respect to the ABL Priority Collateral or any other similar rights a junior secured
creditor may have under applicable law.

 

ARTICLE 3

 

Actions of the Parties

 

Section 3.1 Certain
Actions Permitted. The Term Loan Agent, the ABL Agent and any Additional Agent may make such demands or file such claims in
respect of the Term Loan Obligations, the ABL Obligations or the Additional Obligations, as applicable, as are necessary to prevent
the waiver or bar of such claims under applicable statutes of limitations or other statutes, court orders, or rules of procedure
at any time.

 

Section 3.2 Agent
for Perfection. The ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), for the benefit
of and on behalf of itself and each ABL Secured Party, the Term Loan Agent (including in its capacity as Term Loan Collateral Representative,
if applicable), for the benefit of and on behalf of itself and each Term Loan Secured Party, and any Additional Agent (including
in its capacity as Term Loan Collateral Representative or ABL Collateral Representative, if and as applicable), for the benefit
of and on behalf of itself and each Additional Secured Party represented thereby, as applicable, each agree to hold all Control
Collateral and Cash Collateral that is part of the Collateral in their respective possession, custody, or control (or in the possession,
custody, or control of agents or bailees for any of them) as agent for each other solely for the purpose of perfecting the security
interest granted to each in such Control Collateral or Cash Collateral, subject to the terms and conditions of this Section
3.2. None of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), the ABL Secured Parties,
the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable), the Term Loan Secured Parties,
any Additional Agent (including in its capacity as Term Loan Collateral Representative or ABL Collateral Representative, if and
as applicable), or any Additional Secured Parties, as applicable, shall have any obligation whatsoever to the others to assure
that the Control Collateral or the Cash Collateral is genuine or owned by any Borrower, any Guarantor, or any other Person or to
preserve rights or benefits of any Person. The duties or responsibilities of the ABL Agent, the Term Loan Agent and any Additional
Agent under this Section 3.2 are and shall be limited solely to holding or maintaining control of the Control Collateral
and the Cash Collateral as agent for the other Parties for purposes of perfecting the Lien held by the Term Loan Agent, the ABL
Agent or any Additional Agent, as applicable. The ABL Agent is not and shall not be deemed to be a fiduciary of any kind for the
Term Loan Agent, the Term Loan Secured Parties, any Additional Agent, any Additional Secured Parties, or any other Person. The
Term Loan Agent is not and shall not be deemed to be a fiduciary of any kind for the ABL Agent, the ABL Secured Parties, any Additional
Agent, any Additional Secured Parties, or any other Person. Any Additional Agent is not and shall not be deemed to be a fiduciary
of any kind for the ABL Agent, the ABL Secured Parties, the Term Loan Agent, the Term Loan Secured Parties, any other Additional
Agent or any Additional Secured Parties represented by any other Additional Agent, or any other Person. In the event that (a) the
Term Loan Agent or any Term Loan Secured Party receives any Collateral or Proceeds of the Collateral in violation of the terms
of this Agreement, (b) the ABL Agent or any ABL Secured Party receives any Collateral or Proceeds of the Collateral
in violation of the terms of this Agreement, or (c) any Additional Agent or any Additional Secured Party receives any
Collateral or Proceeds of the Collateral in violation of the terms of this Agreement, then the Term Loan Agent, such Term Loan
Secured Party, the ABL Agent, such ABL Secured Party, such Additional Agent, or such Additional Secured Party, as applicable, shall
promptly pay over such Proceeds or Collateral to (i) in the case of ABL Priority Collateral or Proceeds thereof, the
ABL Collateral Representative, or (ii) in the case of Term Loan Priority Collateral or Proceeds thereof, the Term Loan
Collateral Representative, in each case, in the same form as received with any necessary endorsements, for application in accordance
with the provisions of Section 4.1 of this Agreement. Each Credit Party shall deliver all Control Collateral and all
Cash Collateral required to be delivered pursuant to the Credit Documents (i) in the case of ABL Priority Collateral
or Proceeds thereof, to the ABL Collateral Representative, or (ii) in the case of Term Loan Priority Collateral or
Proceeds thereof, to the Term Loan Collateral Representative.

 

    	 	79	 

     

    

  

Section 3.3 Sharing
of Information and Access. In the event that the ABL Agent or any Additional ABL Agent shall, in the exercise of its rights
under the ABL Collateral Documents, the Additional ABL Collateral Documents or otherwise, receive possession or control of any
books and records of any Term Loan Credit Party that contain information identifying or pertaining to the Term Loan Priority Collateral,
such Party shall, upon request of the Term Loan Agent or any Additional Term Agent and as promptly as practicable thereafter, either
make available to such requesting Party such books and records for inspection and duplication or provide to such requesting Party
copies thereof. In the event that the Term Loan Agent or any Additional Term Agent shall, in the exercise of its rights under the
Term Loan Collateral Documents, the Additional Term Collateral Documents or otherwise, receive possession or control of any books
and records of any ABL Credit Party that contain information identifying or pertaining to any of the ABL Priority Collateral, such
Party shall, upon written request from the ABL Agent or any Additional ABL Agent and as promptly as practicable thereafter, either
make available to such requesting Party such books and records for inspection and duplication or provide to such requesting Party
copies thereof. Each Credit Party, the Term Loan Agent and each Additional Term Agent hereby consent to the non-exclusive royalty
free use by the ABL Agent and any Additional ABL Agent of any Intellectual Property included in the Collateral for the purposes
of disposing of any ABL Priority Collateral and, in the event that the Term Loan Agent or any Additional Term Agent shall, in the
exercise of its rights under the Term Loan Collateral Documents, the Additional Term Collateral Documents or otherwise, obtain
title to any such Intellectual Property, such Party hereby irrevocably grants the ABL Agent and any Additional ABL Agent a non-exclusive
license or other right to use, without charge, such Intellectual Property as it pertains to the ABL Priority Collateral in advertising
for sale and selling any ABL Priority Collateral.

 

    	 	80	 

     

    

  

Section 3.4 Insurance.
Proceeds of Collateral include insurance proceeds and, therefore, the Lien Priority shall govern the ultimate disposition of casualty
insurance proceeds. The ABL Collateral Representative shall be named as additional insured or loss payee, as applicable, with respect
to all insurance policies relating to ABL Priority Collateral and the Term Loan Collateral Representative shall be named as additional
insured or loss payee, as applicable, with respect to all insurance policies relating to Term Loan Priority Collateral. The ABL
Collateral Representative shall have the sole and exclusive right, as against the Term Loan Collateral Representative, the ABL
Agent (other than in its capacity as ABL Collateral Representative, if applicable) and any Additional ABL Agent (other than in
its capacity as ABL Collateral Representative, if applicable), to adjust settlement of insurance claims in the event of any covered
loss, theft or destruction of ABL Priority Collateral. The Term Loan Collateral Representative shall have the sole and exclusive
right, as against the ABL Collateral Representative, the Term Loan Agent (other than in its capacity as Term Loan Collateral Representative,
if applicable) and any Additional Term Agent (other than in its capacity as Term Loan Collateral Representative, if applicable),
to adjust settlement of insurance claims in the event of any covered loss, theft or destruction of Term Loan Priority Collateral.
All proceeds of such insurance shall be remitted to the ABL Collateral Representative (until the Discharge of ABL Collateral Obligations
has occurred) or to the Term Loan Collateral Representative (until the Discharge of Term Loan Collateral Obligations has occurred),
as the case may be, and each of the Term Loan Collateral Representative and the ABL Collateral Representative shall cooperate (if
necessary) in a reasonable manner in effecting the payment of insurance proceeds in accordance with Section 4.1 hereof.
If the ABL Collateral Representative or the Term Loan Collateral Representative, as the case may be, shall, at any time, receive
any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over
to the ABL Collateral Representative or to the Term Loan Collateral Representative, as the case may be, in accordance with the
terms of Section 4.1.

 

Section 3.5 No Additional
Rights For the Credit Parties Hereunder. Except as provided in Section 3.6, if any ABL Secured Party, Term Loan Secured
Party or Additional Secured Party shall enforce its rights or remedies in violation of the terms of this Agreement, the Credit
Parties shall not be entitled to use such violation as a defense to any action by any ABL Secured Party, Term Loan Secured Party
or Additional Secured Party, nor to assert such violation as a counterclaim or basis for set off or recoupment against any ABL
Secured Party, Term Loan Secured Party or Additional Secured Party.

 

Section 3.6 Actions
Upon Breach. If any Term Loan Secured Party, any ABL Secured Party or any Additional Secured Party, contrary to this Agreement,
commences or participates in any action or proceeding against the Credit Parties or the Collateral, the Credit Parties, with the
prior written consent of the ABL Collateral Representative or the Term Loan Collateral Representative, as applicable, may interpose
as a defense or dilatory plea the making of this Agreement, and any ABL Secured Party, Term Loan Secured Party or Additional Secured
Party, as applicable, may intervene and interpose such defense or plea in its or their name or in the name of the Credit Parties.

 

    	 	81	 

     

    

  

Section 3.7 Inspection
Rights. (a) Without limiting any rights the ABL Collateral Representative or any other ABL Collateral Secured Party may otherwise
have under applicable law or by agreement, the ABL Collateral Representative and the ABL Collateral Secured Parties may, at any
time and whether or not the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) or
any other Term Loan Secured Party or any Additional Term Agent (including in its capacity as Term Loan Collateral Representative,
if applicable) or any other Additional Term Secured Party has commenced and is continuing to Exercise Any Secured Creditor Remedies
(the “ABL Permitted Access Right”), during normal business hours on any business day, access ABL Priority Collateral
that (A) is stored or located in or on, (B) has become an accession with respect to (within the meaning
of Section 9-335 of the Uniform Commercial Code), or (C) has been commingled with (within the meaning of Section 9-336
of the Uniform Commercial Code), Term Loan Priority Collateral (collectively, the “ABL Commingled Collateral”),
and use any Term Loan Priority Collateral for the limited purposes of assembling, inspecting, copying or downloading information
stored on, taking actions to perfect its Lien on, completing a production run of inventory involving, taking possession of, moving,
selling, storing or otherwise dealing with, or to Exercise Any Secured Creditor Remedies with respect to, the ABL Priority Collateral,
in each case without notice to, the involvement of or interference by any Term Loan Secured Party or Additional Term Secured Party
or liability to any Term Loan Secured Party or Additional Term Secured Party, except as specifically provided below. In addition,
subject to the terms hereof, the ABL Collateral Representative may advertise and conduct public auctions or private sales of the
ABL Priority Collateral without notice to, the involvement of or interference by any Term Loan Secured Party or Additional Term
Secured Party (including the Term Loan Collateral Representative) or liability to any Term Loan Secured Party or Additional Term
Secured Party (including the Term Loan Collateral Representative). In the event that any ABL Collateral Secured Party has commenced
and is continuing to Exercise Any Secured Creditor Remedies with respect to any ABL Commingled Collateral, the Term Loan Agent
(including in its capacity as Term Loan Collateral Representative, if applicable) and any Additional Term Agent (including in its
capacity as Term Loan Collateral Representative, if applicable) may not sell, assign or otherwise transfer the related Term Loan
Priority Collateral prior to the expiration of the 180-day period commencing on the date such ABL Collateral Secured Party begins
to Exercise Any Secured Creditor Remedies, unless the purchaser, assignee or transferee thereof agrees to be bound by the provisions
of this Section 3.7. If any stay or other order that prohibits the ABL Collateral Representative and other ABL Collateral
Secured Parties from commencing and continuing to Exercise Any Secured Creditor Remedies with respect to ABL Commingled Collateral
has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay
or other order. During the period of actual occupation, use and/or control by the ABL Collateral Representative or ABL Collateral
Secured Parties (or their respective employees, agents, advisers and representatives) of any Term Loan Priority Collateral, the
ABL Collateral Representative and the ABL Collateral Secured Parties shall be obligated to repair at their expense any physical
damage (but not any diminution in value) to such Term Loan Priority Collateral resulting from such occupancy, use or control, and
to leave such Term Loan Priority Collateral in substantially the same condition as it was at the commencement of such occupancy,
use or control, ordinary wear and tear excepted.  In no event shall the ABL Collateral Representative or the ABL Collateral
Secured Parties have any liability to the Term Loan Agent and/or to the Term Loan Secured Parties or to any Additional Term Agent
or any Additional Term Secured Parties hereunder as a result of any condition (including any environmental condition, claim or
liability) on or with respect to the Term Loan Priority Collateral existing prior to the date of the exercise by the ABL Collateral
Representative of its rights or the exercise by the ABL Collateral Secured Parties of their rights under this Agreement. Without
limiting the rights granted in this Section 4.1, the ABL Collateral Representative and ABL Collateral Secured Parties shall
use commercially reasonable efforts to cooperate with the Term Loan Collateral Secured Parties and/or the Term Loan Collateral
Representative in connection with any efforts made by the Term Loan Collateral Secured Parties and/or the Term Loan Collateral
Representative to sell the Term Loan Priority Collateral.

 

    	 	82	 

     

    

 

(b)          The
Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) and the other Term Loan Secured
Parties and any Additional Term Agent (including in its capacity as Term Loan Collateral Representative, if applicable) and any
other Additional Term Secured Parties shall use commercially reasonable efforts to not hinder or obstruct the ABL Collateral Representative
and the other ABL Collateral Secured Parties from exercising the ABL Permitted Access Right.

 

(c)          Subject
to the terms hereof, the Term Loan Collateral Representative may advertise and conduct public auctions or private sales of the
Term Loan Priority Collateral without notice to, the involvement of or interference by any ABL Collateral Secured Party or liability
to any ABL Collateral Secured Party.

 

ARTICLE 4

 

Application of Proceeds

 

Section 4.1 Application
of Proceeds.

 

(a)          Revolving
Nature of ABL Obligations. The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and any Additional Agent,
on behalf of itself and any Additional Secured Parties represented thereby, expressly acknowledge and agree that (i) if
any ABL Credit Agreement includes a revolving commitment, in the ordinary course of business the ABL Agent and the ABL Secured
Parties will apply payments and make advances thereunder, and no application of any Payment Collateral or Cash Collateral or the
release of any Lien by the ABL Agent upon any portion of the Collateral in connection with a permitted disposition under any ABL
Credit Agreement shall constitute the Exercise of Secured Creditor Remedies under this Agreement, (ii) the amount of
the ABL Obligations that may be outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed,
the terms of the ABL Obligations may be modified, extended or amended from time to time, and the aggregate amount of the ABL Obligations
may be increased, replaced or refinanced, in each event, without notice to or consent by the Term Loan Secured Parties (in the
case of the Term Loan Agent) or the applicable Additional Secured Parties (in the case of such Additional Agent) and without affecting
the provisions hereof and (iii) all Payment Collateral or Cash Collateral received by the ABL Agent may be applied,
reversed, reapplied, credited, or reborrowed, in whole or in part, to the ABL Obligations at any time; provided, however,
that from and after the date on which the ABL Agent (or any ABL Secured Party) commences the Exercise of Secured Creditor Remedies
(other than, prior to the acceleration of any of the Term Loan Obligations or any Additional Obligations, the exercise of its rights
in accordance with Subsection 4.16 of the Original ABL Credit Agreement or any similar provision of any other ABL Credit Agreement),
all amounts received by the ABL Agent or any ABL Secured Party as a result of such Exercise of Secured Creditor Remedies shall
be applied as specified in this Section 4.1. The Lien Priority shall not be altered or otherwise affected by any such amendment,
modification, supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of the
ABL Obligations, the Term Loan Obligations, or any Additional Obligations, or any portion thereof.

 

    	 	83	 

     

    

  

(b)          Revolving
Nature of Term Loan Obligations. The ABL Agent, on behalf of itself and the ABL Secured Parties, and any Additional Agent,
on behalf of itself and any Additional Secured Parties represented thereby, expressly acknowledge and agree that (i) any
Term Loan Credit Agreement may include a revolving commitment, and in the ordinary course of business the Term Loan Agent and
the Term Loan Secured Parties may apply payments and make advances thereunder; and (ii) the amount of Term Loan Obligations
that may be outstanding thereunder at any time or from time to time may be increased or reduced and subsequently reborrowed, the
terms of Term Loan Obligations thereunder may be modified, extended or amended from time to time, and the aggregate amount of
Term Loan Obligations thereunder may be increased, replaced or refinanced, in each event, without notice to or consent by the
ABL Secured Parties (in the case of the ABL Agent) or the applicable Additional Secured Parties (in the case of any Additional
Agent) and without affecting the provisions hereof; provided, however, that from and after the date on which the
Term Loan Agent (or any Term Loan Secured Party) commences the Exercise of Secured Creditor Remedies, all amounts received by
any the Term Loan Agent or any Term Loan Secured Party as a result of such Exercise of Secured Creditor Remedies shall be applied
as specified in this Section 4.1. The Lien Priority shall not be altered or otherwise affected by any such amendment, modification,
supplement, extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of the ABL Obligations,
the Term Loan Obligations, or any Additional Obligations, or any portion thereof.

 

(c)          Revolving
Nature of Additional Obligations. The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and the ABL Agent,
on behalf of itself and the ABL Secured Parties, and any Additional Agent, on behalf of itself and any Additional Secured Parties
represented thereby, expressly acknowledge and agree that (i) Additional Credit Facilities may include a revolving
commitment, and in the ordinary course of business any Additional Agent and Additional Secured Parties may apply payments and make
advances thereunder; and (ii) the amount of Additional Obligations that may be outstanding thereunder at any time or
from time to time may be increased or reduced and subsequently reborrowed, the terms of Additional Obligations thereunder may be
modified, extended or amended from time to time, and the aggregate amount of Additional Obligations thereunder may be increased,
replaced or refinanced, in each event, without notice to or consent by the Term Loan Secured Parties (in the case of the Term Loan
Agent), the ABL Secured Parties (in the case of the ABL Agent) or any Additional Secured Parties (in the case of any other Additional
Agent) and without affecting the provisions hereof; provided, however, that from and after the date on which any
Additional Agent or Additional Secured Party commences the Exercise of Secured Creditor Remedies, all amounts received by any such
Additional Agent or Additional Secured Party as a result of such Exercise of Secured Creditor Remedies shall be applied as specified
in this Section 4.1. The Lien Priority shall not be altered or otherwise affected by any such amendment, modification, supplement,
extension, repayment, reborrowing, increase, replacement, renewal, restatement or refinancing of the ABL Obligations, the Term
Loan Obligations, or any Additional Obligations, or any portion thereof.

 

    	 	84	 

     

    

  

(d)          Application
of Proceeds of ABL Priority Collateral. The ABL Agent, the Term Loan Agent and any Additional Agent hereby agree that all ABL
Priority Collateral, and all Proceeds thereof, received by any of them in connection with any Exercise of Secured Creditor Remedies
or any Insolvency Proceeding shall be applied, subject to Section 2.1(f) and Section 4.1(h),

 

first,
to the payment of costs and expenses of the ABL Agent, the Term Loan Agent or any Additional Agent, as applicable, in connection
with such Exercise of Secured Creditor Remedies,

 

second,
to the payment of (x) the ABL Obligations in accordance with the ABL Credit Agreement until the Discharge of ABL Obligations
and (y) any Additional ABL Obligations in accordance with the applicable Additional ABL Credit Facility until the Discharge
of Additional ABL Obligations, which payment shall be made between and among the ABL Obligations and any Additional ABL Obligations
on a pro rata basis (except (i) with respect to allocation of payments between the ABL Obligations and any Additional
ABL Obligations, as may be separately otherwise agreed in writing by and between the applicable Additional ABL Agent, on behalf
of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties, and (ii) with respect to allocation of payments among Additional ABL Agents, as may be separately otherwise
agreed in writing by and between or among any applicable Additional ABL Agents, in each case on behalf of itself and the Additional
ABL Secured Parties represented thereby),

 

third,
to the payment of (x) the Term Loan Obligations and in accordance with the Term Loan Credit Agreement until the Discharge
of Term Loan Obligations and (y) any Additional Term Obligations in accordance with the applicable Additional Term
Credit Facility until the Discharge of Additional Term Obligations, which payment shall be made between and among the Term Loan
Obligations and any Additional Term Obligations on a pro rata basis (except (i) with respect to allocation
of payments between the Term Loan Obligations and any Additional Term Obligations, as may be separately otherwise agreed in writing
by and between the applicable Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and (ii) with respect to allocation
of payments among Additional Term Agents, as may be separately otherwise agreed in writing by and between or among any applicable
Additional Term Agents, in each case on behalf of itself and the Additional Term Secured Parties represented thereby), and

 

fourth,
the balance, if any, to the Credit Parties or to whosoever may be lawfully entitled to receive the same or as a court of competent
jurisdiction may direct.

 

    	 	85	 

     

    

 

Each ABL
Agent, Additional ABL Agent, Term Loan Agent and Additional Term Agent shall provide the ABL Collateral Representative and the
Term Loan Collateral Representative with such information about the ABL Collateral Obligations or Term Loan Collateral Obligations
represented by it as they may reasonably request in order to carry out the purposes of this Section 4.1.

 

(e)          Application
of Proceeds of Term Loan Priority Collateral. The ABL Agent, the Term Loan Agent and any Additional Agent hereby agree that
all Term Loan Priority Collateral, and all Proceeds thereof, received by any of them in connection with any Exercise of Secured
Creditor Remedies or any Insolvency Proceeding shall be applied,

 

first,
to the payment of costs and expenses of the ABL Agent, the Term Loan Agent or any Additional Agent, as applicable, in connection
with such Exercise of Secured Creditor Remedies,

 

second,
to the payment of (x) the Term Loan Obligations in accordance with the Term Loan Credit Agreement until the Discharge
of Term Loan Obligations and (y) any Additional Term Obligations in accordance with the applicable Additional Term
Credit Facility until the Discharge of Additional Term Obligations, which payment shall be made between and among the Term Loan
Obligations and any Additional Term Obligations on a pro rata basis (except (i) with respect to allocation of
payments between the Term Loan Obligations and any Additional Term Obligations, as may be separately otherwise agreed in writing
by and between the applicable Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, and (ii) with respect to allocation
of payments among Additional Term Agents, as may be separately otherwise agreed in writing by and between or among any applicable
Additional Term Agents, in each case on behalf of itself and the Additional Term Secured Parties represented thereby),

 

third,
to the payment of (x) the ABL Obligations in accordance with the ABL Credit Agreement until the Discharge of ABL Obligations
and (y) any Additional ABL Obligations in accordance with the applicable Additional ABL Credit Facility until the Discharge
of Additional ABL Obligations, which payment shall be made between and among the ABL Obligations and any Additional ABL Obligations
on a pro rata basis (except (i) with respect to allocation of payments between the ABL Obligations and any Additional
ABL Obligations, as may be separately otherwise agreed in writing by and between the applicable Additional ABL Agent, on behalf
of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties, and (ii) with respect to allocation of payments among Additional ABL Agents, as may be separately otherwise
agreed in writing by and between or among any applicable Additional ABL Agents, in each case on behalf of itself and the Additional
ABL Secured Parties represented thereby), and

 

fourth,
the balance, if any, to the Credit Parties or to whosoever may be lawfully entitled to receive the same or as a court of competent
jurisdiction may direct,

 

    	 	86	 

     

    

 

except, in the case of
application of Term Loan Priority Collateral and Proceeds thereof (i) as between Additional Term Obligations and ABL
Obligations, as may be separately otherwise agreed in writing by and between any applicable Additional Term Agent, on behalf of
itself and the Additional Term Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties, and (ii) as between Additional Term Obligations and Additional ABL Obligations, as may be separately otherwise
agreed in writing by and between any applicable Additional Term Agent, on behalf of itself and the Additional Term Secured Parties
represented thereby, and any applicable Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented
thereby, in each case with respect to the Additional Term Obligations owing to any of such Additional Term Agent and Additional
Term Secured Parties. Each ABL Agent, Additional ABL Agent, Term Loan Agent and Additional Term Agent shall provide the ABL Collateral
Representative and the Term Loan Collateral Representative with such information about the ABL Collateral Obligations or Term Loan
Collateral Obligations represented by it as they may reasonably request in order to carry out the purposes of this Section 4.1.

 

(f)          Limited
Obligation or Liability.

 

(i)          In
exercising remedies, whether as a secured creditor or otherwise, the ABL Agent (including in its capacity as ABL Collateral Representative,
if applicable) shall have no obligation or liability to the Term Loan Agent or any Term Loan Secured Party regarding the adequacy
of any Proceeds or for any action or omission, save and except solely for an action or omission that breaches the express obligations
undertaken by each Party under the terms of this Agreement. In exercising remedies, whether as a secured creditor or otherwise,
the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable) shall have no obligation or liability
to any Additional Agent or any Additional Secured Party, regarding the adequacy of any Proceeds or for any action or omission,
save and except solely for an action or omission that breaches the express obligations undertaken by each Party under the terms
of this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself
and the Additional Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

(ii)         In
exercising remedies, whether as a secured creditor or otherwise, the Term Loan Agent (including in its capacity as Term Loan Collateral
Representative, if applicable) shall have no obligation or liability to the ABL Agent or any ABL Secured Party regarding the adequacy
of any Proceeds or for any action or omission, save and except solely for an action or omission that breaches the express obligations
undertaken by each Party under the terms of this Agreement. In exercising remedies, whether as a secured creditor or otherwise,
the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) shall have no obligation
or liability to any Additional Agent or any Additional Secured Party, regarding the adequacy of any Proceeds or for any action
or omission, save and except solely for an action or omission that breaches the express obligations undertaken by each Party under
the terms of this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf
of itself and the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan
Secured Parties).

 

    	 	87	 

     

    

  

(iii)        In
exercising remedies, whether as a secured creditor or otherwise, any Additional Agent (including in its capacity as Term Loan Collateral
Representative or ABL Collateral Representative, if and as applicable) shall have no obligation or liability to the ABL Agent or
any ABL Secured Party regarding the adequacy of any Proceeds or for any action or omission, save and except solely for an action
or omission that breaches the express obligations undertaken by each Party under the terms of this Agreement (except as may be
separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties
represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). In exercising remedies, whether as a
secured creditor or otherwise, any Additional Agent (including in its capacity as Term Loan Collateral Representative or ABL Collateral
Representative, if and as applicable) shall have no obligation or liability to the Term Loan Agent or any Term Loan Secured Party
regarding the adequacy of any Proceeds or for any action or omission, save and except solely for an action or omission that breaches
the express obligations undertaken by each Party under the terms of this Agreement (except as may be separately otherwise agreed
in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and
the Term Agent, on behalf of itself and the Term Loan Secured Parties). In exercising remedies, whether as a secured creditor or
otherwise, any Additional Agent (including in its capacity as Term Loan Collateral Representative or ABL Collateral Representative,
if and as applicable) shall have no obligation or liability to any other Additional Agent or any Additional Secured Parties represented
by such other Additional Agent regarding the adequacy of any Proceeds or for any action or omission, save and except solely for
an action or omission that breaches the express obligations undertaken by each Party under the terms of this Agreement (except
as may be separately otherwise agreed in writing by and between such Additional Agents, in each case on behalf of itself and the
Additional Secured Parties represented thereby).

 

(g)          Turnover
of Cash Collateral After Discharge. Upon the Discharge of ABL Collateral Obligations, the ABL Collateral Representative shall
deliver to the Term Loan Collateral Representative or shall execute such documents as the Company Representative or the Term Loan
Collateral Representative may reasonably request to enable the Term Loan Collateral Representative to have control over any Control
Collateral or Cash Collateral still in the ABL Collateral Representative’s possession, custody, or control in the same form
as received with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct. As between (i) the
Term Loan Collateral Representative and (ii) the Term Loan Agent and any Additional Term Agent (other than the Term
Loan Collateral Representative), any such Control Collateral or Cash Collateral held by the Term Loan Collateral Representative
shall be held by it subject to the terms and conditions of Section 3.2. Upon the Discharge of Term Loan Collateral Obligations,
the Term Loan Collateral Representative shall deliver to the ABL Collateral Representative or shall execute such documents as the
Company Representative or the ABL Collateral Representative may reasonably request to enable the ABL Collateral Representative
to have control over any Control Collateral or Cash Collateral still in the Term Loan Collateral Representative’s possession,
custody or control in the same form as received with any necessary endorsements, or as a court of competent jurisdiction may otherwise
direct. As between (i) the ABL Collateral Representative and (ii) the ABL Agent and any Additional ABL
Agent (other than the ABL Collateral Representative), any such Control Collateral or Cash Collateral held by the ABL Collateral
Representative shall be held by it subject to the terms and conditions of Section 3.2.

 

    	 	88	 

     

    

  

(h)          Intervening
Creditor. Notwithstanding anything in Section 4.1(d) or 4.1(e) to the contrary, (i) with respect
to any Collateral for which a third party (other than a Term Loan Collateral Secured Party) has a Lien or security interest that
is junior in priority to the Lien or security interest of any Series of Term Loan Collateral Obligations but senior (as determined
by appropriate legal proceedings in the case of any dispute) to the Lien or security interest of any other Series of Term Loan
Collateral Obligations (such third party an “Intervening Term Creditor”), the value of any Collateral or Proceeds
that are allocated to such Intervening Term Creditor shall be deducted on a ratable basis solely from the Collateral or Proceeds
thereof to be distributed in respect of the Series of Term Loan Collateral Obligations with respect to which such Impairment exists
and (ii) with respect to any Collateral for which a third party (other than an ABL Collateral Secured Party) has a
Lien or security interest that is junior in priority to the Lien or security interest of any Series of ABL Collateral Obligations
but senior (as determined by appropriate legal proceedings in the case of any dispute) to the Lien or security interest of any
other Series of ABL Collateral Obligations (such third party an “Intervening ABL Secured Party”), the value
of any Collateral or Proceeds that are allocated to such Intervening ABL Secured Party shall be deducted on a ratable basis solely
from the Collateral or Proceeds thereof to be distributed in respect of the Series of ABL Collateral Obligations with respect to
which such Impairment exists. In the event that any ABL Collateral Secured Party turns over any Proceeds of Term Loan Priority
Collateral to any Term Loan Collateral Secured Party as required by Section 4.1, such ABL Collateral Secured Party shall
be subrogated to the rights of such Term Loan Collateral Secured Parties; provided however, that any such subrogation shall
be subject to Section 7.1 hereof. In the event that any Term Loan Collateral Secured Party turns over any Proceeds of ABL
Priority Collateral to any ABL Collateral Secured Party as required by Section 4.1, such Term Loan Collateral Secured Party
shall be subrogated to the rights of such ABL Collateral Secured Parties; provided however, that any such subrogation shall
be subject to Section 7.1 hereof.

 

Section 4.2 Specific
Performance. Each of the ABL Agent, the Term Loan Agent and any Additional Agent is hereby authorized to demand specific performance
of this Agreement, whether or not any Credit Party shall have complied with any of the provisions of any of the Credit Documents,
at any time when any other Party shall have failed to comply with any of the provisions of this Agreement applicable to it. Each
of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), on behalf of itself and the ABL Secured
Parties, the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable), on behalf of itself
and the Term Loan Secured Parties, and any Additional Agent (including in its capacity as Term Loan Collateral Representative or
ABL Collateral Representative, if and as applicable), on behalf of itself and any Additional Secured Parties represented thereby,
hereby irrevocably waives any defense based on the adequacy of a remedy at law that might be asserted as a bar to such remedy of
specific performance.

 

    	 	89	 

     

    

  

Section 4.3 Sale of
Collateral Comprising Both ABL Priority Collateral and Term Loan Priority Collateral; Certain Proceeds of Capital Stock or Intercompany
Loans. In the event that prior to the Discharge of ABL Obligations, or Discharge of Additional ABL Obligations, proceeds of
the Collateral are received in connection with a Disposition, loss, condemnation or other disposition (whether voluntary or involuntary)
of Collateral that involves both ABL Priority Collateral and Term Loan Priority Collateral, for the purposes of this Agreement
with respect to such Disposition, loss, condemnation or other disposition, the ABL Collateral Representative and the Term Loan
Collateral Representative shall use commercially reasonable efforts in good faith to allocate the Proceeds received in connection
with such Disposition, loss, condemnation or other disposition of such Collateral to the ABL Priority Collateral and the Term Loan
Priority Collateral.  If the ABL Collateral Representative and the Term Loan Collateral Representative are unable to agree
on such allocation within five Business Days (or such other period of time as the ABL Collateral Representative and the Term Loan
Collateral Representative agree) of the consummation of such Disposition, loss, condemnation or other disposition, (i) the
ABL Priority Collateral comprised in such Collateral consisting of Accounts (as described in sub-clause (1) of the definition of
“ABL Priority Collateral” but excluding any Accounts to the extent excluded pursuant to the parenthetical in such sub-clause
(1) as provided for therein) shall be deemed to have a valuation equal to the net book value of each such Account (the “Accounts
Amount”) and (ii) the ABL Priority Collateral comprised in such Collateral consisting of Inventory shall be deemed
to have a value equal to the greater of the Net Orderly Liquidation Value and the net book value of such Inventory (the “Inventory
Amount”, and together with the Accounts Amount, the “ABL Amount”), in each case determined at the time of such
Disposition, loss, condemnation or disposition, and such Proceeds shall constitute (1) first, in an amount equal to
the ABL Amount, ABL Priority Collateral and (2) second, to the extent of any balance remaining in excess of the ABL
Amount, Term Loan Priority Collateral, provided that to the extent that the ABL Priority Collateral subject to such Disposition,
loss, condemnation or other disposition includes assets other than Accounts and Inventory, at the option of the ABL Collateral
Representative, the appraised value of such other assets may be used for the purposes of the allocation of such Proceeds to the
ABL Priority Collateral based on the then most current satisfactory appraisal received by the ABL Collateral Representative with
respect thereto. In the event that proceeds are received in connection with a Disposition of all or substantially all of the Capital
Stock issued by any Grantor or any amounts are received in respect of Capital Stock of, or Intercompany Loans issued by, any Grantor
in an Insolvency Proceeding, such amounts shall be deemed to be proceeds received from a Disposition of ABL Priority Collateral
and Term Loan Priority Collateral (in proportion to ABL Priority Collateral and Term Loan Priority Collateral owned at such time
by the Grantor) and shall be applied as provided in the preceding sentence. It is understood and agreed that any Intellectual Property
shall not be subject to this Section 4.3 and shall constitute Term Loan Priority Collateral.

 

    	 	90	 

     

    

 

ARTICLE 5

 

Intercreditor Acknowledgements
and Waivers

 

Section 5.1 Notice
of Acceptance and Other Waivers. (a) All ABL Obligations at any time made or incurred by any Credit Party shall be deemed to
have been made or incurred in reliance upon this Agreement, and the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, and any Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, hereby waives notice
of acceptance of, or proof of reliance by the ABL Agent or any ABL Secured Party on, this Agreement, and notice of the existence,
increase, renewal, extension, accrual, creation, or non-payment of all or any part of the ABL Obligations. All Term Loan Obligations
at any time made or incurred by any Credit Party shall be deemed to have been made or incurred in reliance upon this Agreement,
and the ABL Agent, on behalf of itself and the ABL Secured Parties, and any Additional Agent, on behalf of itself and any Additional
Secured Parties represented thereby, hereby waives notice of acceptance, or proof of reliance, by the Term Loan Agent or any Term
Loan Secured Party of this Agreement, and notice of the existence, increase, renewal, extension, accrual, creation, or non-payment
of all or any part of the Term Loan Obligations. All Additional Obligations at any time made or incurred by any Credit Party shall
be deemed to have been made or incurred in reliance upon this Agreement, and the Term Loan Agent, on behalf of itself and the Term
Loan Secured Parties, the ABL Agent, on behalf of itself and any ABL Secured Parties, and any other Additional Agent, on behalf
of itself and the Additional Secured Parties represented thereby, hereby waives notice of acceptance, or proof of reliance by any
Additional Agent or any Additional Secured Parties of this Agreement, and notice of the existence, increase, renewal, extension,
accrual, creation, or non-payment of all or any part of the Additional Obligations.

 

(b)          None
of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), any ABL Secured Party, or any of
their respective Affiliates, or any of the respective directors, officers, employees, or agents of any of the foregoing shall be
liable to the Term Loan Agent or any Term Loan Secured Party for failure to demand, collect, or realize upon any of the Collateral
or any Proceeds, or for any delay in doing so, or shall be under any obligation to sell or otherwise dispose of any Collateral
or Proceeds thereof or to take any other action whatsoever with regard to the Collateral or any part or Proceeds thereof, except
as specifically provided in this Agreement. If the ABL Agent or any ABL Secured Party honors (or fails to honor) a request by any
Borrower for an extension of credit pursuant to any ABL Credit Agreement or any of the other ABL Documents, whether the ABL Agent
or any ABL Secured Party has knowledge that the honoring of (or failure to honor) any such request would constitute a default under
the terms of any Term Loan Credit Agreement or any other Term Loan Document (but not a default under this Agreement) or would constitute
an act, condition, or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or
if the ABL Agent or any ABL Secured Party otherwise should exercise any of its contractual rights or remedies under any ABL Documents
(subject to the express terms and conditions hereof), neither the ABL Agent nor any ABL Secured Party shall have any liability
whatsoever to the Term Loan Agent or any Term Loan Secured Party as a result of such action, omission, or exercise (so long as
any such exercise does not breach the express terms and provisions of this Agreement). The ABL Agent and the ABL Secured Parties
shall be entitled to manage and supervise their loans and extensions of credit under any ABL Credit Agreement and any of the other
ABL Documents as they may, in their sole discretion, deem appropriate, and may manage their loans and extensions of credit without
regard to any rights or interests that the Term Loan Agent or any Term Loan Secured Party has in the Collateral, except as otherwise
expressly set forth in this Agreement. The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that
neither the ABL Agent nor any ABL Secured Party shall incur any liability as a result of a sale, lease, license, application, or
other disposition of all or any portion of the Collateral or Proceeds thereof, pursuant to the ABL Documents, in each case, so
long as such disposition is conducted in accordance with mandatory provisions of applicable law and does not breach the provisions
of this Agreement.

 

    	 	91	 

     

    

  

(c)          None
of the ABL Agent (including in its capacity as ABL Collateral Representative, if applicable), any ABL Secured Party, or any of
their respective Affiliates, directors, officers, employees, or agents shall be liable to any Additional Agent or any Additional
Secured Party for failure to demand, collect, or realize upon any of the Collateral or any Proceeds, or for any delay in doing
so, or shall be under any obligation to sell or otherwise dispose of any Collateral or Proceeds thereof or to take any other action
whatsoever with regard to the Collateral or any part or Proceeds thereof, except as specifically provided in this Agreement (except
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). If the ABL Agent or any ABL Secured
Party honors (or fails to honor) a request by any Borrower for an extension of credit pursuant to any ABL Credit Agreement or any
of the other ABL Documents, whether the ABL Agent or any ABL Secured Party has knowledge that the honoring of (or failure to honor)
any such request would constitute a default under the terms of any Additional Credit Facility or any other Additional Document
(but not a default under this Agreement) or would constitute an act, condition, or event that, with the giving of notice or the
passage of time, or both, would constitute such a default, or if the ABL Agent or any ABL Secured Party otherwise should exercise
any of its contractual rights or remedies under any ABL Documents (subject to the express terms and conditions hereof), neither
the ABL Agent nor any ABL Secured Party shall have any liability whatsoever to any Additional Agent or any Additional Secured Party
as a result of such action, omission, or exercise (so long as any such exercise does not breach the express terms and provisions
of this Agreement) (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of
itself and the Additional Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).
The ABL Agent and the ABL Secured Parties shall be entitled to manage and supervise their loans and extensions of credit under
any ABL Credit Agreement and any of the other ABL Documents as they may, in their sole discretion, deem appropriate, and may manage
their loans and extensions of credit without regard to any rights or interests that any Additional Agent or any Additional Secured
Party has in the Collateral, except as otherwise expressly set forth in this Agreement (except as may be separately otherwise agreed
in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and
the ABL Agent, on behalf of itself and the ABL Secured Parties). Any Additional Agent, on behalf of itself and any Additional Secured
Parties represented thereby, agrees that neither the ABL Agent nor any ABL Secured Party shall incur any liability as a result
of a sale, lease, license, application, or other disposition of all or any portion of the Collateral or Proceeds thereof, pursuant
to the ABL Documents, so long as such disposition is conducted in accordance with mandatory provisions of applicable law and does
not breach the provisions of this Agreement (except as may be separately otherwise agreed in writing by and between such Additional
Agent, on behalf of itself and the Additional Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the
ABL Secured Parties).

 

    	 	92	 

     

    

 

(d)          None
of the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable), the Term Loan Secured
Parties or any of their respective Affiliates, directors, officers, employees, or agents shall be liable to the ABL Agent or any
ABL Secured Party for failure to demand, collect, or realize upon any of the Collateral or any Proceeds, or for any delay in doing
so, or shall be under any obligation to sell or otherwise dispose of any Collateral or Proceeds thereof or to take any other action
whatsoever with regard to the Collateral or any part or Proceeds thereof, except as specifically provided in this Agreement. If
the Term Loan Agent or any Term Loan Secured Party honors (or fails to honor) a request by any Borrower for an extension of credit
pursuant to any Term Loan Credit Agreement or any of the other Term Loan Documents, whether the Term Loan Agent or any Term Loan
Secured Party has knowledge that the honoring of (or failure to honor) any such request would constitute a default under the terms
of any ABL Credit Agreement or any other ABL Document (but not a default under this Agreement) or would constitute an act, condition,
or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or if the Term Loan
Agent or any Term Loan Secured Party otherwise should exercise any of its contractual rights or remedies under the Term Loan Documents
(subject to the express terms and conditions hereof), neither the Term Loan Agent nor any Term Loan Secured Party shall have any
liability whatsoever to the ABL Agent or any ABL Secured Party as a result of such action, omission, or exercise (so long as any
such exercise does not breach the express terms and provisions of this Agreement). The Term Loan Agent and the Term Loan Secured
Parties shall be entitled to manage and supervise their loans and extensions of credit under the Term Loan Documents as they may,
in their sole discretion, deem appropriate, and may manage their loans and extensions of credit without regard to any rights or
interests that the ABL Agent or any ABL Secured Party has in the Collateral, except as otherwise expressly set forth in this Agreement.
The ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that none of the Term Loan Agent (including in its capacity
as Term Loan Collateral Representative, if applicable) or the Term Loan Secured Parties shall incur any liability as a result of
a sale, lease, license, application, or other disposition of the Collateral or any part or Proceeds thereof, pursuant to the Term
Loan Documents, so long as such disposition is conducted in accordance with mandatory provisions of applicable law and does not
breach the provisions of this Agreement.

 

(e)          None
of the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable), the Term Loan Secured
Parties or any of their respective Affiliates, directors, officers, employees, or agents shall be liable to any Additional Agent
or any Additional Secured Party for failure to demand, collect, or realize upon any of the Collateral or any Proceeds, or for any
delay in doing so, or shall be under any obligation to sell or otherwise dispose of any Collateral or Proceeds thereof or to take
any other action whatsoever with regard to the Collateral or any part or Proceeds thereof, except as specifically provided in this
Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and
the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).
If the Term Loan Agent or any Term Loan Secured Party honors (or fails to honor) a request by any Borrower for an extension of
credit pursuant to any Term Loan Credit Agreement or any of the other Term Loan Documents, whether the Term Loan Agent or any Term
Loan Secured Party has knowledge that the honoring of (or failure to honor) any such request would constitute a default under the
terms of any Additional Credit Facility or any other Additional Document (but not a default under this Agreement) or would constitute
an act, condition, or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or
if the Term Loan Agent or any Term Loan Secured Party otherwise should exercise any of its contractual rights or remedies under
the Term Loan Documents (subject to the express terms and conditions hereof), neither the Term Loan Agent nor any Term Loan Secured
Party shall have any liability whatsoever to any Additional Agent or any Additional Secured Party as a result of such action, omission,
or exercise (so long as any such exercise does not breach the express terms and provisions of this Agreement) (except as may be
separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties
represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). The Term Loan Agent and the
Term Loan Secured Parties shall be entitled to manage and supervise their loans and extensions of credit under the Term Loan Documents
as they may, in their sole discretion, deem appropriate, and may manage their loans and extensions of credit without regard to
any rights or interests that any Additional Agent or any Additional Secured Party has in the Collateral, except as otherwise expressly
set forth in this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf
of itself and the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan
Secured Parties). Any Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, agrees that
none of the Term Loan Agent (including in its capacity as Term Loan Collateral Representative, if applicable) or the Term Loan
Secured Parties shall incur any liability as a result of a sale, lease, license, application, or other disposition of the Collateral
or any part or Proceeds thereof, pursuant to the Term Loan Documents, so long as such disposition is conducted in accordance with
mandatory provisions of applicable law and does not breach the provisions of this Agreement (except as may be separately otherwise
agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	93	 

     

    

  

(f)          None
of any Additional Agent (including in its capacity as Term Loan Collateral Representative, if and as applicable), any Additional
Secured Parties or any of their respective Affiliates, directors, officers, employees, or agents shall be liable to the ABL Agent
or any ABL Secured Party for failure to demand, collect, or realize upon any of the Collateral or any Proceeds, or for any delay
in doing so, or shall be under any obligation to sell or otherwise dispose of any Collateral or Proceeds thereof or to take any
other action whatsoever with regard to the Collateral or any part or Proceeds thereof, except as specifically provided in this
Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and
the Additional Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). If any
Additional Agent or any Additional Secured Party honors (or fails to honor) a request by any Borrower for an extension of credit
pursuant to any Additional Credit Facility or any of the other Additional Documents, whether such Additional Agent or any Additional
Secured Party has knowledge that the honoring of (or failure to honor) any such request would constitute a default under the terms
of any ABL Credit Agreement or any other ABL Document (but not a default under this Agreement) or would constitute an act, condition,
or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or if any Additional
Agent or any Additional Secured Party otherwise should exercise any of its contractual rights or remedies under the Additional
Documents (subject to the express terms and conditions hereof), neither such Additional Agent nor any Additional Secured Party
shall have any liability whatsoever to the ABL Agent or any ABL Secured Party as a result of such action, omission, or exercise
(so long as any such exercise does not breach the express terms and provisions of this Agreement) (except as may be separately
otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented
thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). Any Additional Agent and any Additional Secured Parties
shall be entitled to manage and supervise their loans and extensions of credit under the Additional Documents as they may, in their
sole discretion, deem appropriate, and may manage their loans and extensions of credit without regard to any rights or interests
that the ABL Agent or any ABL Secured Party has in the Collateral, except as otherwise expressly set forth in this Agreement (except
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties). The ABL Agent, on behalf of itself
and the ABL Secured Parties, agrees that none of any Additional Agent (including in its capacity as Term Loan Collateral Representative,
if and as applicable) or any Additional Secured Parties shall incur any liability as a result of a sale, lease, license, application,
or other disposition of the Collateral or any part or Proceeds thereof, pursuant to the Additional Documents, so long as such disposition
is conducted in accordance with mandatory provisions of applicable law and does not breach the provisions of this Agreement (except
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

    	 	94	 

     

    

 

(g)          None
of any Additional Agent (including in its capacity as ABL Collateral Representative, if and as applicable), any Additional Secured
Parties or any of their respective Affiliates, directors, officers, employees, or agents shall be liable to the Term Loan Agent
or any Term Loan Secured Party for failure to demand, collect, or realize upon any of the Collateral or any Proceeds, or for any
delay in doing so, or shall be under any obligation to sell or otherwise dispose of any Collateral or Proceeds thereof or to take
any other action whatsoever with regard to the Collateral or any part or Proceeds thereof, except as specifically provided in this
Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and
the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).
If any Additional Agent or any Additional Secured Party honors (or fails to honor) a request by any Borrower for an extension of
credit pursuant to any Additional Credit Facility or any of the other Additional Documents, whether such Additional Agent or any
Additional Secured Party has knowledge that the honoring of (or failure to honor) any such request would constitute a default under
the terms of the Term Loan Credit Agreement or any other Term Loan Document (but not a default under this Agreement) or would constitute
an act, condition, or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or
if any Additional Agent or any Additional Secured Party otherwise should exercise any of its contractual rights or remedies under
the Additional Documents (subject to the express terms and conditions hereof), neither such Additional Agent nor any Additional
Secured Party shall have any liability whatsoever to the Term Loan Agent or any Term Loan Secured Party as a result of such action,
omission, or exercise (so long as any such exercise does not breach the express terms and provisions of this Agreement) (except
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties). Any Additional Agent
and any Additional Secured Parties shall be entitled to manage and supervise their loans and extensions of credit under the Additional
Documents as they may, in their sole discretion, deem appropriate, and may manage their loans and extensions of credit without
regard to any rights or interests that the Term Loan Agent or any Term Loan Secured Party has in the Collateral, except as otherwise
expressly set forth in this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent,
on behalf of itself and the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the
Term Loan Secured Parties). The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that none of any
Additional Agent (including in its capacity as ABL Collateral Representative, if and as applicable) or any Additional Secured Parties
shall incur any liability as a result of a sale, lease, license, application, or other disposition of the Collateral or any part
or Proceeds thereof, pursuant to the Additional Documents, so long as such disposition is conducted in accordance with mandatory
provisions of applicable law and does not breach the provisions of this Agreement (except as may be separately otherwise agreed
in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and
the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	95	 

     

    

 

(h)          None
of any Additional Agent (including in its capacity as Term Loan Collateral Representative, if and as applicable), any Additional
Secured Parties or any of their respective Affiliates, directors, officers, employees, or agents shall be liable to any other Additional
Agent or any Additional Secured Party represented thereby for failure to demand, collect, or realize upon any of the Collateral
or any Proceeds, or for any delay in doing so, or shall be under any obligation to sell or otherwise dispose of any Collateral
or Proceeds thereof or to take any other action whatsoever with regard to the Collateral or any part or Proceeds thereof, except
as specifically provided in this Agreement (except as may be separately otherwise agreed in writing by and between such Additional
Agents, in each case on behalf of itself and the Additional Secured Parties represented thereby). If any Additional Agent or any
Additional Secured Party honors (or fails to honor) a request by any Borrower for an extension of credit pursuant to any Additional
Credit Facility or any of the other Additional Documents, whether such Additional Agent or any Additional Secured Party has knowledge
that the honoring of (or failure to honor) any such request would constitute a default under the terms of any Additional Credit
Facility or any other Additional Document to which any other Additional Agent or any Additional Secured Party represented by such
other Additional Agent is party or beneficiary (but not a default under this Agreement) or would constitute an act, condition,
or event that, with the giving of notice or the passage of time, or both, would constitute such a default, or if any Additional
Agent or any Additional Secured Party otherwise should exercise any of its contractual rights or remedies under the Additional
Documents (subject to the express terms and conditions hereof), neither such Additional Agent nor any Additional Secured Party
shall have any liability whatsoever to any other Additional Agent or any Additional Secured Party represented by such other Additional
Agent, as a result of such action, omission, or exercise (so long as any such exercise does not breach the express terms and provisions
of this Agreement) (except as may be separately otherwise agreed in writing by and between such Additional Agents, in each case
on behalf of itself and the Additional Secured Parties represented thereby). Any Additional Agent and any Additional Secured Parties
shall be entitled to manage and supervise their loans and extensions of credit under the Additional Documents as they may, in their
sole discretion, deem appropriate, and may manage their loans and extensions of credit without regard to any rights or interests
that any other Additional Agent or any Additional Secured Party represented by such other Additional Agent, has in the Collateral,
except as otherwise expressly set forth in this Agreement (except as may be separately otherwise agreed in writing by and between
such Additional Agents, in each case on behalf of itself and the Additional Secured Parties represented thereby). Any Additional
Agent, on behalf of itself and the Additional Secured Parties represented thereby, agrees that none of any other Additional Agent
(including in its capacity as Term Loan Collateral Representative, if and as applicable) or any Additional Secured Party represented
thereby shall incur any liability as a result of a sale, lease, license, application, or other disposition of the Collateral or
any part or Proceeds thereof, pursuant to the Additional Documents, so long as such disposition is conducted in accordance with
mandatory provisions of applicable law and does not breach the provisions of this Agreement (except as may be separately otherwise
agreed in writing by and between such Additional Agents, in each case on behalf of itself and the Additional Secured Parties represented
thereby).

 

    	 	96	 

     

    

  

Section 5.2 Modifications
to ABL Documents and Term Loan Documents. (a) The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties,
hereby agrees that, without affecting the obligations of the Term Loan Agent and the Term Loan Secured Parties hereunder, the
ABL Agent and the ABL Secured Parties may, at any time and from time to time, in their sole discretion without the consent of
or notice to the Term Loan Agent or any Term Loan Secured Party (except to the extent such notice or consent is required
pursuant to the express provisions of this Agreement), and without incurring any liability to the Term Loan Agent or any Term
Loan Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement, replace,
refinance, extend, consolidate, restructure, or otherwise modify any of the ABL Documents in any manner whatsoever,
including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the ABL Obligations or otherwise amend,
restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the
ABL Obligations or any of the ABL Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the ABL Obligations, and in
connection therewith to enter into any additional ABL Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the ABL Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
ABL Obligations; and

 

(vii)       otherwise
manage and supervise the ABL Obligations as the ABL Agent shall deem appropriate.

 

    	 	97	 

     

    

  

(b)          Any
Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, hereby agrees that, without affecting
the obligations of such Additional Agent and such Additional Secured Parties hereunder, the ABL Agent and the ABL Secured Parties
may, at any time and from time to time, in their sole discretion without the consent of or notice to such Additional Agent or any
such Additional Secured Party (except to the extent such notice or consent is required pursuant to the express provisions of this
Agreement), and without incurring any liability to such Additional Agent or any such Additional Secured Party or impairing or releasing
the subordination provided for herein, amend, restate, supplement, replace, refinance, extend, consolidate, restructure, or otherwise
modify any of the ABL Documents in any manner whatsoever, including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the ABL Obligations or otherwise amend,
restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part of the
ABL Obligations or any of the ABL Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the ABL Obligations, and in
connection therewith to enter into any additional ABL Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the ABL Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
ABL Obligations; and

 

(vii)       otherwise
manage and supervise the ABL Obligations as the ABL Agent shall deem appropriate;

 

except, in each case,
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties.

 

(c)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, hereby agrees that, without affecting the obligations of the ABL Agent
and the ABL Secured Parties hereunder, the Term Loan Agent and the Term Loan Secured Parties may, at any time and from time to
time, in their sole discretion without the consent of or notice to the ABL Agent or any ABL Secured Party (except to the extent
such notice or consent is required pursuant to the express provisions of this Agreement), and without incurring any liability to
the ABL Agent or any ABL Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement,
replace, refinance, extend, consolidate, restructure, or otherwise modify any of the Term Loan Documents in any manner whatsoever,
including, to:

 

    	 	98	 

     

    

  

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the Term Loan Obligations or otherwise
amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part
of the Term Loan Obligations or any of the Term Loan Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the Term Loan Obligations,
and in connection therewith to enter into any additional Term Loan Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the Term Loan Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
Term Loan Obligations; and

 

(vii)       otherwise
manage and supervise the Term Loan Obligations as the Term Loan Agent shall deem appropriate.

 

(d)          Any
Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, hereby agrees that, without affecting
the obligations of such Additional Agent and such Additional Secured Parties hereunder, the Term Loan Agent and the Term Loan Secured
Parties may, at any time and from time to time, in their sole discretion without the consent of or notice to such Additional Agent
or any such Additional Secured Party (except to the extent such notice or consent is required pursuant to the express provisions
of this Agreement), and without incurring any liability to such Additional Agent or any such Additional Secured Party or impairing
or releasing the subordination provided for herein, amend, restate, supplement, replace, refinance, extend, consolidate, restructure,
or otherwise modify any of the Term Loan Documents in any manner whatsoever, including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the Term Loan Obligations or otherwise
amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part
of the Term Loan Obligations or any of the Term Loan Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the Term Loan Obligations,
and in connection therewith to enter into any additional Term Loan Documents;

 

    	 	99	 

     

    

  

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the Term Loan Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
Term Loan Obligations; and

 

(vii)       otherwise
manage and supervise the Term Loan Obligations as the Term Loan Agent shall deem appropriate;

 

except, in each case,
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties.

 

(e)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, hereby agrees that, without affecting the obligations of
the Term Loan Agent and the Term Loan Secured Parties hereunder, any Additional Agent and any Additional Secured Parties may, at
any time and from time to time, in their sole discretion without the consent of or notice to the Term Loan Agent or any Term Loan
Secured Party or (except to the extent such notice or consent is required pursuant to the express provisions of this Agreement),
and without incurring any liability to the Term Loan Agent or any Term Loan Secured Party or impairing or releasing the subordination
provided for herein, amend, restate, supplement, replace, refinance, extend, consolidate, restructure, or otherwise modify any
of the Additional Documents in any manner whatsoever, including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the Additional Obligations or otherwise
amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part
of the Additional Obligations or any of the Additional Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the Additional Obligations,
and in connection therewith to enter into any additional Additional Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the Additional Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

    	 	100	 

     

    

  

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
Additional Obligations; and

 

(vii)       otherwise
manage and supervise the Additional Obligations as such Additional Agent shall deem appropriate;

 

except, in each case,
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties.

 

(f)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, hereby agrees that, without affecting the obligations of the ABL Agent
and the ABL Secured Parties hereunder, any Additional Agent and any Additional Secured Parties may, at any time and from time to
time, in their sole discretion without the consent of or notice to the ABL Agent or any ABL Secured Party (except to the extent
such notice or consent is required pursuant to the express provisions of this Agreement), and without incurring any liability to
the ABL Agent or any ABL Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement,
replace, refinance, extend, consolidate, restructure, or otherwise modify any of the Additional Documents in any manner whatsoever,
including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the Additional Obligations or otherwise
amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part
of the Additional Obligations or any of the Additional Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the Additional Obligations,
and in connection therewith to enter into any additional Additional Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the Additional Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
Additional Obligations; and

 

(vii)       otherwise
manage and supervise the Additional Obligations as such Additional Agent shall deem appropriate;

 

    	 	101	 

     

    

 

except, in each case,
as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured
Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties.

 

(g)          Any
Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, hereby agrees that, without affecting
the obligations of such Additional Agent and such Additional Secured Parties hereunder, any other Additional Agent and any Additional
Secured Parties represented by such other Additional Agent may, at any time and from time to time, in their sole discretion without
the consent of or notice to such Additional Agent or any such Additional Secured Party (except to the extent such notice or consent
is required pursuant to the express provisions of this Agreement), and without incurring any liability to such Additional Agent
or any such Additional Secured Party or impairing or releasing the subordination provided for herein, amend, restate, supplement,
replace, refinance, extend, consolidate, restructure, or otherwise modify any of the Additional Documents to which such other Additional
Agent or any Additional Secured Party represented by such other Additional Agent is party or beneficiary in any manner whatsoever,
including, to:

 

(i)          change
the manner, place, time, or terms of payment or renew, alter or increase, all or any of the Additional Obligations or otherwise
amend, restate, supplement, or otherwise modify in any manner, or grant any waiver or release with respect to, all or any part
of the Additional Obligations or any of the Additional Documents;

 

(ii)         subject
to Section 2.5 hereof, retain or obtain a Lien on any Property of any Person to secure any of the Additional Obligations,
and in connection therewith to enter into any additional Additional Documents;

 

(iii)        amend,
or grant any waiver, compromise, or release with respect to, or consent to any departure from, any guarantee or other obligations
of any Person obligated in any manner under or in respect of the Additional Obligations;

 

(iv)        subject
to Section 2.4 hereof, release its Lien on any Collateral or other Property;

 

(v)         exercise
or refrain from exercising any rights against any Borrower, any Guarantor, or any other Person;

 

(vi)        subject
to Section 2.5 hereof, retain or obtain the primary or secondary obligation of any other Person with respect to any of the
Additional Obligations; and

 

(vii)       otherwise
manage and supervise the Additional Obligations as such other Additional Agent shall deem appropriate;

 

except, in each case,
as may be separately otherwise agreed in writing by and between such Additional Agents, in each case on behalf of itself and the
Additional Secured Parties represented thereby.

 

    	 	102	 

     

    

  

(h)          The
ABL Obligations, the Term Loan Obligations and any Additional Obligations may be refunded, replaced or refinanced, in whole or
in part, in each case, without notice to, or the consent (except to the extent a consent is required to permit the refunding, replacement
or refinancing transaction under any ABL Document, any Term Loan Document or any Additional Document) of the ABL Agent, the ABL
Secured Parties, the Term Loan Agent or the Term Loan Secured Parties, any Additional Agent or any Additional Secured Parties,
as the case may be, all without affecting the Lien Priorities provided for herein or the other provisions hereof; provided,
however, that, if the indebtedness refunding, replacing or refinancing any such ABL Obligations, Term Loan Obligations or
Additional Obligations is to constitute ABL Obligations, Term Loan Obligations or Additional Obligations governed by this Agreement,
the holders of such indebtedness (or an authorized agent or trustee on their behalf) bind themselves in writing to the terms of
this Agreement pursuant to a joinder agreement substantially in the form of Exhibit C attached hereto or otherwise in form
and substance reasonably satisfactory to the ABL Agent, the Term Loan Agent or any Additional Agent (other than any Designated
Agent), as the case may be (or, if there is no continuing Agent other than any Designated Agent, as designated by the Company Representative),
and any such refunding, replacement or refinancing transaction shall be in accordance with any applicable provisions of the ABL
Documents, the Term Loan Documents and any Additional Documents then in effect. For the avoidance of doubt, any ABL Obligations,
Term Loan Obligations or Additional Obligations may be refinanced, in whole or in part, in each case without notice to, or the
consent (except to the extent a consent is required to permit the refinancing transaction under the ABL Documents, Term Loan Documents
or Additional Documents) of, any of the ABL Agent or any other ABL Secured Party, the Term Loan Agent or any other Term Loan Secured
Party or any Additional Agent or any other Additional Secured Party, through the incurrence of Additional Indebtedness, subject
to Section 7.11.

 

Section 5.3 Reinstatement
and Continuation of Agreement. (a) If the ABL Agent or any ABL Secured Party is required in any Insolvency Proceeding or otherwise
to turn over or otherwise pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or
any portion of the ABL Obligations (an “ABL Recovery”), then the ABL Obligations shall be reinstated to the
extent of such ABL Recovery. If this Agreement shall have been terminated prior to such ABL Recovery, this Agreement shall be reinstated
in full force and effect in the event of such ABL Recovery, and such prior termination shall not diminish, release, discharge,
impair, or otherwise affect the obligations of the Parties from such date of reinstatement. All rights, interests, agreements,
and obligations of the ABL Agent, the Term Loan Agent, any Additional Agent, the ABL Secured Parties, the Term Loan Secured Parties
and any Additional Secured Parties under this Agreement shall remain in full force and effect and shall continue irrespective of
the commencement of, or any discharge, confirmation, conversion, or dismissal of, any Insolvency Proceeding by or against any Credit
Party or any other circumstance which otherwise might constitute a defense available to, or a discharge of any Credit Party in
respect of the ABL Obligations, the Term Loan Obligations or any Additional Obligations. No priority or right of the ABL Agent
or any ABL Secured Party shall at any time be prejudiced or impaired in any way by any act or failure to act on the part of any
Credit Party or by the noncompliance by any Person with the terms, provisions, or covenants of any of the ABL Documents, regardless
of any knowledge thereof which the ABL Agent or any ABL Secured Party may have.

 

    	 	103	 

     

    

  

(b)          If
the Term Loan Agent or any Term Loan Secured Party is required in any Insolvency Proceeding or otherwise to turn over or otherwise
pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or any portion of the Term Loan
Obligations (a “Term Loan Recovery”), then the Term Loan Obligations shall be reinstated to the extent of such
Term Loan Recovery. If this Agreement shall have been terminated prior to such Term Loan Recovery, this Agreement shall be reinstated
in full force and effect in the event of such Term Loan Recovery, and such prior termination shall not diminish, release, discharge,
impair, or otherwise affect the obligations of the Parties from such date of reinstatement. All rights, interests, agreements,
and obligations of the ABL Agent, the Term Loan Agent, any Additional Agent, the ABL Secured Parties, the Term Loan Secured Parties
and any Additional Secured Parties under this Agreement shall remain in full force and effect and shall continue irrespective of
the commencement of, or any discharge, confirmation, conversion, or dismissal of, any Insolvency Proceeding by or against any Credit
Party or any other circumstance which otherwise might constitute a defense available to, or a discharge of any Credit Party in
respect of the ABL Obligations, the Term Loan Obligations or any Additional Obligations. No priority or right of the Term Loan
Agent or any Term Loan Secured Party shall at any time be prejudiced or impaired in any way by any act or failure to act on the
part of any Credit Party or by the noncompliance by any Person with the terms, provisions, or covenants of any of the Term Loan
Documents, regardless of any knowledge thereof which the Term Loan Agent or any Term Loan Secured Party may have.

 

(c)          If
any Additional ABL Agent or any Additional ABL Secured Party is required in any Insolvency Proceeding or otherwise to turn over
or otherwise pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or any portion of
the Additional ABL Obligations (an “Additional ABL Recovery”), then the Additional ABL Obligations shall be
reinstated to the extent of such Additional ABL Recovery. If this Agreement shall have been terminated prior to such Additional
ABL Recovery, this Agreement shall be reinstated in full force and effect in the event of such Additional ABL Recovery, and such
prior termination shall not diminish, release, discharge, impair, or otherwise affect the obligations of the Parties from such
date of reinstatement. All rights, interests, agreements, and obligations of any Additional ABL Agent, the ABL Agent, the Term
Loan Agent, any Additional Term Agent, the Additional ABL Secured Parties, the ABL Secured Parties, the Term Loan Secured Parties
and any Additional Term Secured Parties under this Agreement shall remain in full force and effect and shall continue irrespective
of the commencement of, or any discharge, confirmation, conversion, or dismissal of, any Insolvency Proceeding by or against any
Credit Party or any other circumstance which otherwise might constitute a defense available to, or a discharge of any Credit Party
in respect of any Additional ABL Obligations, the ABL Obligations, the Term Loan Obligations or any Additional Term Obligations.
No priority or right of any Additional ABL Agent or any Additional ABL Secured Party shall at any time be prejudiced or impaired
in any way by any act or failure to act on the part of any Credit Party or by the noncompliance by any Person with the terms, provisions,
or covenants of any of the Additional ABL Documents, regardless of any knowledge thereof which any Additional ABL Agent or any
Additional ABL Secured Party may have.

 

    	 	104	 

     

    

  

(d)          If
any Additional Term Agent or any Additional Term Secured Party is required in any Insolvency Proceeding or otherwise to turn over
or otherwise pay to the estate of any Credit Party or any other Person any payment made in satisfaction of all or any portion of
the Additional Term Obligations (an “Additional Term Recovery”), then the Additional Term Obligations shall
be reinstated to the extent of such Additional Term Recovery. If this Agreement shall have been terminated prior to such Additional
Term Recovery, this Agreement shall be reinstated in full force and effect in the event of such Additional Term Recovery, and such
prior termination shall not diminish, release, discharge, impair, or otherwise affect the obligations of the Parties from such
date of reinstatement. All rights, interests, agreements, and obligations of any Additional Term Agent, the ABL Agent, the Term
Loan Agent, any Additional ABL Agent, any Additional Term Secured Parties, the ABL Secured Parties, the Term Loan Secured Parties
and any Additional ABL Secured Parties under this Agreement shall remain in full force and effect and shall continue irrespective
of the commencement of, or any discharge, confirmation, conversion, or dismissal of, any Insolvency Proceeding by or against any
Credit Party or any other circumstance which otherwise might constitute a defense available to, or a discharge of any Credit Party
in respect of any Additional Term Obligations, the ABL Obligations, the Term Loan Obligations or any Additional ABL Obligations.
No priority or right of any Additional Term Agent or any Additional Term Secured Party shall at any time be prejudiced or impaired
in any way by any act or failure to act on the part of any Credit Party or by the noncompliance by any Person with the terms, provisions,
or covenants of any of the Additional Term Documents, regardless of any knowledge thereof which any Additional Term Agent or any
Additional Term Secured Party may have.

 

ARTICLE 6

 

Insolvency Proceedings

 

Section 6.1 DIP Financing.
(a) If any Credit Party shall be subject to any Insolvency Proceeding in the United States at any time prior to the Discharge of
ABL Collateral Obligations, and the ABL Agent or any ABL Credit Agreement Lenders, or any Additional ABL Agent or any Additional
ABL Credit Facility Lenders, shall agree to provide any Credit Party with, or consent to a third party providing any Credit Party
with, any financing under Section 364 of the Bankruptcy Code or consent to any order for the use of cash collateral under Section
363 of the Bankruptcy Code (“DIP Financing”), with such DIP Financing to be secured by all or any portion of
the Collateral (including assets that, but for the application of Section 552 of the Bankruptcy Code would be Collateral), then
the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that it will raise no objection, and will not
directly or indirectly support or act in concert with any other party in raising an objection, to such DIP Financing or to the
Liens securing the same on the grounds of a failure to provide “adequate protection” for the Liens of the Term Loan
Agent securing the Term Loan Obligations or on any other grounds (and will not request any adequate protection solely as a result
of such DIP Financing), so long as (i) the Term Loan Agent retains its Lien on the Collateral to secure the Term Loan
Obligations (in each case, including Proceeds thereof arising after the commencement of the case under the Bankruptcy Code) and,
as to the Term Loan Priority Collateral only, such Lien has the same priority as existed prior to the commencement of the case
under the Bankruptcy Code and any Lien on any Term Loan Priority Collateral securing such DIP Financing is junior and subordinate
to the Lien of the Term Loan Agent on the Term Loan Priority Collateral, (ii) all Liens on ABL Priority Collateral
securing any such DIP Financing shall be senior to or on a parity with the Liens of the ABL Agent and the ABL Secured Parties on
the Collateral securing the ABL Obligations, and the Liens of any Additional ABL Agent and Additional ABL Secured Parties securing
the Additional ABL Obligations, on ABL Priority Collateral, (iii) if the ABL Agent and/or any ABL Secured Party, or
any Additional ABL Agent and/or any Additional ABL Secured Party, receives an adequate protection Lien on post-petition assets
of the debtor to secure the ABL Obligations or the Additional ABL Obligations, as the case may be, the Term Loan Agent also receives
an adequate protection Lien on such post-petition assets of the debtor to secure the Term Loan Obligations and (iv) the
terms of such DIP Financing do not require any Grantor to seek approval for any Plan of Reorganization that is not a Conforming
Plan of Reorganization; provided that (x) such Liens in favor of the ABL Agent, any Additional ABL Agent and
the Term Loan Agent shall be subject to the provisions of Section 6.1(d) hereof and (y) the foregoing provisions
of this Section 6.1(a) shall not prevent the Term Loan Agent and the Term Loan Secured Parties from objecting to any
provision in any DIP Financing relating to any provision or content of a Plan of Reorganization that is not a Conforming Plan of
Reorganization.

 

    	 	105	 

     

    

 

(b)          If
any Credit Party shall be subject to any Insolvency Proceeding in the United States at any time prior to the Discharge of ABL Collateral
Obligations, and the ABL Agent or any ABL Credit Agreement Lenders, or any Additional ABL Agent or any Additional ABL Credit Facility
Lenders, shall agree to provide any Credit Party with, or consent to a third party providing any Credit Party with, any DIP Financing,
with such DIP Financing to be secured by all or any portion of the Collateral (including assets that, but for the application of
Section 552 of the Bankruptcy Code would be Collateral), then any Additional Term Agent, on behalf of itself and any Additional
Term Secured Parties represented thereby, agrees that it will raise no objection, and will not directly or indirectly support or
act in concert with any other party in raising an objection, to such DIP Financing or to the Liens securing the same on the grounds
of a failure to provide “adequate protection” for the Liens of such Additional Term Agent securing the Additional Term
Obligations or on any other grounds (and will not request any adequate protection solely as a result of such DIP Financing), so
long as (i) such Additional Term Agent retains its Lien on the Collateral to secure the Additional Term Obligations
(in each case, including Proceeds thereof arising after the commencement of the case under the Bankruptcy Code) and, as to the
Term Loan Priority Collateral only, such Lien has the same priority as existed prior to the commencement of the case under the
Bankruptcy Code and any Lien on any Term Loan Priority Collateral securing such DIP Financing is junior and subordinate to the
Lien of such Additional Term Agent on the Term Loan Priority Collateral (except as may be separately otherwise agreed in writing
by and between such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and
the ABL Agent, on behalf of itself and the ABL Secured Parties), or any Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, (ii) all Liens on ABL Priority Collateral securing any such DIP Financing
shall be senior to or on a parity with the Liens of the ABL Agent and the ABL Secured Parties securing the ABL Obligations, and
the Liens of any Additional ABL Agent and any Additional ABL Secured Parties securing the Additional ABL Obligations, on ABL Priority
Collateral, (iii) if the ABL Agent and/or any ABL Secured Party, or any Additional ABL Agent and/or any Additional
ABL Secured Party, receives an adequate protection Lien on post-petition assets of the debtor to secure the ABL Obligations or
the Additional ABL Obligations, as the case may be, such Additional Term Agent also receives an adequate protection Lien on such
post-petition assets of the debtor to secure the Additional Term Obligations and (iv) the terms of such DIP Financing
do not require any Grantor to seek approval for any Plan of Reorganization that is not a Conforming Plan of Reorganization; provided
that (x) such Liens in favor of the ABL Agent, any Additional ABL Agent and such Additional Term Agent shall be subject
to the provisions of Section 6.1(d) hereof and (y) the foregoing provisions of this Section 6.1(b)
shall not prevent any Additional Term Agent and any Additional Term Secured Parties from objecting to any provision in any DIP
Financing relating to any provision or content of a Plan of Reorganization that is not a Conforming Plan of Reorganization.

 

    	 	106	 

     

    

  

(c)          

 

(i)          If
the Original ABL Credit Agreement is then in effect, then in the event that any Additional ABL Agent or any Additional ABL Secured
Party proposes to enter into and consummate any DIP Financing (such proposed DIP Financing, the “Proposed DIP”),
then (x) such Additional ABL Agent or Additional ABL Secured Party, as applicable, shall provide written notice to
the ABL Agent thereof, which notice shall contain the material terms and conditions of such Proposed DIP (including with respect
to facility type, tenor, amounts, collateral, obligors, fees, pricing, covenant package and roles) (such notice, the “DIP
Offer”) at least five Business Days prior to the consummation of such Proposed DIP and (y) such Additional
ABL Agent or Additional ABL Secured Party, as applicable, hereby unconditionally and irrevocably grants to the ABL Agent and the
ABL Credit Agreement Lenders the right, but not an obligation, to enter into and consummate a DIP Financing either (A) on
the terms and conditions set forth in the DIP Offer, or (B) on the terms and conditions (including with respect to
facility type, tenor, amounts, collateral, obligors, fees, pricing, covenant package and roles) no less advantageous to the Credit
Parties than the terms and conditions (including with respect to facility type, tenor, amounts, collateral, obligors, fees, pricing,
covenant package and roles) of the Proposed DIP specified in the DIP Offer (collectively, the “Right of Last Refusal”).

 

(ii)         To
exercise its Right of Last Refusal, the ABL Agent or any ABL Credit Agreement Lender shall, within three Business Days after receipt
by the ABL Agent of the DIP Offer, deliver a written notice to the Company Representative and each Additional ABL Agent, which
shall either specify that the ABL Agent or such ABL Credit Agreement Lender is willing to provide the DIP Financing on the terms
of the DIP Offer (such notice, the “Matching DIP Offer”) or provide the material terms and conditions (including
with respect to facility type, tenor, amounts, collateral, obligors, fees, pricing, covenant package and roles) of a DIP Financing
that the ABL Agent or such ABL Credit Agreement Lender is willing to provide (such notice, the “Alternative DIP Offer”).
If the ABL Agent or any ABL Credit Agreement Lender provides a Matching DIP Offer within the time period specified in the preceding
sentence, each Additional ABL Agent and Additional ABL Secured Party agrees not to provide (other than in its capacity as ABL Agent
or ABL Credit Agreement Lender, if applicable), and not to directly or indirectly support or act in concert with any other party
to provide, any DIP Financing and agrees that in such event the ABL Agent or such ABL Credit Agreement Lender shall have the sole
right as between the parties hereto to provide any DIP Financing.

 

    	 	107	 

     

    

  

(iii)        If
the Company Representative agrees to proceed with a Matching DIP Offer or an Alternative DIP Offer, then in each such case without
limiting any of the provisions of Section 6.1(a) or 6.1(b) hereof, each Additional ABL Agent, on behalf of itself
and any Additional ABL Secured Parties represented thereby, agrees that it will raise no objection, and will not directly or indirectly
support or act in concert with any other party in raising an objection, to such DIP Financing provided pursuant to such Matching
DIP Offer or Alternative DIP Offer, as the case may be, or to the Liens securing the same on the grounds of a failure to provide
“adequate protection” for the Liens of such Additional ABL Agent securing the Additional ABL Obligations or on any
other grounds (and will not request any adequate protection solely as a result of such applicable DIP Financing), so long as (1) such
Additional ABL Agent retains its Lien on the Collateral to secure the Additional ABL Obligations (in each case, including Proceeds
thereof arising after the commencement of the case under the Bankruptcy Code) and such Lien has the same priority as existed prior
to the commencement of the case under the Bankruptcy Code (subject only to any “super-priority” of the Liens securing
such DIP Financing) and (2) if the ABL Agent and/or any ABL Secured Party receives an adequate protection Lien on post-petition
assets of the debtor to secure the ABL Obligations, as the case may be, such Additional ABL Agent also receives an adequate protection
Lien on such post-petition assets of the debtor to secure the Additional ABL Obligations; provided that (A) such
Liens in favor of the ABL Agent and any Additional ABL Agent shall be subject to the provisions of Section 6.1(d) hereof
and (B) the foregoing provisions of this Section 6.1(c) shall not prevent any Additional ABL Agent or any Additional
ABL Secured Parties from objecting to any provision in any DIP Financing relating to any provision or content of a Plan of Reorganization
that is not a Conforming Plan of Reorganization.

 

(d)          All
Liens granted to the ABL Agent, the Term Loan Agent or any Additional Agent in any Insolvency Proceeding, whether as adequate protection
or otherwise, are intended by the Parties to be and shall be deemed to be subject to the Lien Priority and the other terms and
conditions of this Agreement; provided, however, that the foregoing shall not alter the super-priority of any Liens
securing any DIP Financing in accordance with this Section 6.1.

 

Section 6.2 Relief
From Stay. Until the Discharge of ABL Collateral Obligations, the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, and any Additional Term Agent, on behalf of itself and any Additional Term Secured Parties represented thereby, agrees
not to seek relief from the automatic stay or any other stay in any Insolvency Proceeding in respect of any portion of the ABL
Priority Collateral without the ABL Collateral Representative’s express written consent. Until the Discharge of Term Loan
Collateral Obligations, the ABL Agent, on behalf of itself and the ABL Secured Parties, and any Additional ABL Agent, on behalf
of itself and any Additional ABL Secured Parties represented thereby, agrees not to seek relief from the automatic stay or any
other stay in any Insolvency Proceeding in respect of any portion of the Term Loan Priority Collateral without the Term Loan Collateral
Representative’s express written consent.

 

    	 	108	 

     

    

  

Section 6.3 No Contest.
(a) The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that, prior to the Discharge of ABL Obligations,
none of them shall contest (or directly or indirectly support any other Person contesting) (i) any request by the ABL
Agent or any ABL Secured Party for adequate protection of its interest in the Collateral (unless in contravention of Section 6.1),
or (ii) any objection by the ABL Agent or any ABL Secured Party to any motion, relief, action, or proceeding based
on a claim by the ABL Agent or any ABL Secured Party that its interests in the Collateral (unless in contravention of Section 6.1)
are not adequately protected (or any other similar request under any law applicable to an Insolvency Proceeding), so long as any
Liens granted to the ABL Agent as adequate protection of its interests are subject to this Agreement. Any Additional Agent, on
behalf of itself and any Additional Secured Parties represented thereby, agrees that, prior to the Discharge of ABL Obligations,
none of them shall contest (or directly or indirectly support any other Person contesting) (i) any request by the ABL
Agent or any ABL Secured Party for adequate protection of its interest in the Collateral (unless in contravention of Section
6.1), or (ii) any objection by the ABL Agent or any ABL Secured Party to any motion, relief, action, or proceeding
based on a claim by the ABL Agent or any ABL Secured Party that its interests in the Collateral (unless in contravention of Section
6.1) are not adequately protected (or any other similar request under any law applicable to an Insolvency Proceeding), so long
as any Liens granted to the ABL Agent as adequate protection of its interests are subject to this Agreement (except as may be separately
otherwise agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented
thereby, and the ABL Agent, on behalf of itself and the ABL Secured Parties).

 

(b)          The
ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that, prior to the Discharge of Term Loan Obligations, none
of them shall contest (or directly or indirectly support any other Person contesting) (i) any request by the Term Loan
Agent or any Term Loan Secured Party for adequate protection of its interest in the Collateral (unless in contravention of Section
6.1 hereof), or (ii) any objection by the Term Loan Agent or any Term Loan Secured Party to any motion, relief,
action or proceeding based on a claim by the Term Loan Agent or any Term Loan Secured Party that its interests in the Collateral
(unless in contravention of Section 6.1 hereof) are not adequately protected (or any other similar request under any law
applicable to an Insolvency Proceeding), so long as any Liens granted to the Term Loan Agent as adequate protection of its interests
are subject to this Agreement. Any Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby,
agrees that, prior to the Discharge of Term Loan Obligations, none of them shall contest (or directly or indirectly support any
other Person contesting) (i) any request by the Term Loan Agent or any Term Loan Secured Party for adequate protection
of its interest in the Collateral (unless in contravention of Section 6.1), or (ii) any objection by the Term
Loan Agent or any Term Loan Secured Party to any motion, relief, action or proceeding based on a claim by the Term Loan Agent or
any Term Loan Secured Party that its interests in the Collateral (unless in contravention of Section 6.1) are not adequately
protected (or any other similar request under any law applicable to an Insolvency Proceeding), so long as any Liens granted to
the Term Loan Agent as adequate protection of its interests are subject to this Agreement (except as may be separately otherwise
agreed in writing by and between such Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).

 

    	 	109	 

     

    

  

(c)          The
Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that, prior to the Discharge of Additional Obligations,
none of them shall contest (or directly or indirectly support any other Person contesting) (i) any request by any Additional
Agent or any Additional Secured Party for adequate protection of its interest in the Collateral (unless in contravention of Section
6.1), or (ii) any objection by any Additional Agent or any Additional Secured Party to any motion, relief, action,
or proceeding based on a claim by any Additional Agent or any Additional Secured Party that its interests in the Collateral (unless
in contravention of Section 6.1) are not adequately protected (or any other similar request under any law applicable to an Insolvency
Proceeding), so long as any Liens granted to such Additional Agent as adequate protection of its interests are subject to this
Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on behalf of itself and
the Additional Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties).
The ABL Agent, on behalf of itself and the ABL Secured Parties, agrees that, prior to the Discharge of Additional Obligations,
none of them shall contest (or directly or indirectly support any other Person contesting) (i) any request by any Additional
Agent or any Additional Secured Party for adequate protection of its interest in the Collateral (unless in contravention of Section
6.1 hereof), or (ii) any objection by any Additional Agent or any Additional Secured Party to any motion, relief,
action, or proceeding based on a claim by any Additional Agent or any Additional Secured Party that its interests in the Collateral
(unless in contravention of Section 6.1 hereof) are not adequately protected (or any other similar request under any law
applicable to an Insolvency Proceeding), so long as any Liens granted to such Additional Agent as adequate protection of its interests
are subject to this Agreement (except as may be separately otherwise agreed in writing by and between such Additional Agent, on
behalf of itself and the Additional Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the ABL Secured
Parties). Any Additional Agent, on behalf of itself and any Additional Secured Parties represented thereby, agrees that, prior
to the applicable Discharge of Additional Obligations, none of them shall directly or indirectly contest (or support any other
Person contesting) (a) any request by any other Additional Agent or any Additional Secured Party represented by such
other Additional Agent for adequate protection of its interest in the Collateral (unless in contravention of Section 6.1
hereof), or (b) any objection by such other Additional Agent or any Additional Secured Party to any motion, relief,
action, or proceeding based on a claim by any Additional Agent or any Additional Secured Party represented by such other Additional
Agent that its interests in the Collateral (unless in contravention of Section 6.1 hereof) are not adequately protected
(or any other similar request under any law applicable to an Insolvency Proceeding), so long as any Liens granted to such other
Additional Agent as adequate protection of its interests are subject to this Agreement (except as may be separately otherwise agreed
in writing by and between such Additional Agents, in each case on behalf of itself and the Additional Secured Parties represented
thereby).

 

Section 6.4 Asset
Sales. The Term Loan Agent agrees, on behalf of itself and the Term Loan Secured Parties, and any Additional Term Agent agrees,
on behalf of itself and any Additional Term Secured Parties represented thereby, that it will not oppose and shall be deemed to
have consented to any sale consented to by the ABL Agent, any Additional ABL Agent or the ABL Collateral Representative of any
ABL Priority Collateral pursuant to Section 363(f) of the Bankruptcy Code (or any similar provision under the law applicable to
any Insolvency Proceeding) so long as the proceeds of such sale are applied in accordance with this Agreement. The ABL Agent agrees,
on behalf of itself and the ABL Secured Parties, and each Additional ABL Agent agrees, on behalf of itself and any Additional ABL
Secured Parties represented thereby, that it will not oppose and shall be deemed to have consented to any sale consented to by
the Term Loan Agent, any Additional Term Agent or the Term Loan Collateral Representative of any Term Loan Priority Collateral
pursuant to Section 363(f) of the Bankruptcy Code (or any similar provision under the law applicable to any Insolvency Proceeding)
so long as the proceeds of such sale are applied in accordance with this Agreement.

 

    	 	110	 

     

    

 

Section 6.5 Separate
Grants of Security and Separate Classification. Each Term Loan Secured Party, the Term Loan Agent, each Additional Term Secured
Party and each Additional Term Agent on the one hand and each ABL Secured Party, the ABL Agent, each Additional ABL Secured Party
and each Additional ABL Agent on the other hand acknowledges and agrees that (i) the grants of Liens pursuant to the
ABL Collateral Documents, the Term Loan Collateral Documents, the Additional Term Collateral Documents and the Additional ABL Collateral
Documents constitute separate and distinct grants of Liens and (ii) because of, among other things, their differing
rights in the Collateral (including that the ABL Secured Parties do not have a Lien on any Real Property), the Term Loan Obligations
and Additional Term Obligations are fundamentally different from the ABL Obligations and the Additional ABL Obligations and must
be separately classified in any Plan of Reorganization proposed, confirmed or adopted in an Insolvency Proceeding. To further effectuate
the intent of the parties as provided in the immediately preceding sentence, if it is held by a court of competent jurisdiction
that the claims of the ABL Secured Parties and the Additional ABL Secured Parties, on the one hand, and the Term Loan Secured Parties
and the Additional Term Secured Parties, on the other hand, in respect of the Collateral constitute only one secured claim (rather
than separate classes of senior and junior secured claims), then the ABL Secured Parties, the Term Loan Secured Parties, any Additional
Term Secured Parties and any Additional ABL Secured Parties hereby acknowledge and agree that all distributions shall be made as
if there were separate classes of ABL Obligation claims, Additional ABL Obligation claims, Term Loan Obligation claims and Additional
Term Obligation claims against the Credit Parties (with the effect being that, to the extent that the aggregate value of the ABL
Priority Collateral or the Term Loan Priority Collateral is sufficient (for this purpose ignoring all claims held by the other
Secured Parties), the ABL Secured Parties and the Additional ABL Secured Parties or the Term Loan Secured Parties and the Additional
Term Secured Parties, respectively, shall be entitled to receive, in addition to amounts distributed to them in respect of principal,
pre-petition interest and other claims, all amounts owing in respect of post-petition interest, fees and expenses that is available
from each pool of Priority Collateral for each of the ABL Secured Parties and Additional ABL Secured Parties, on the one hand,
and the Term Loan Secured Parties and the Additional Term Secured Parties, on the other hand, before any distribution is made from
the applicable pool of Priority Collateral in respect of the claims held by the other Secured Parties, with the other Secured Parties
hereby acknowledging and agreeing to turn over to the respective other Secured Parties amounts otherwise received or receivable
by them from the applicable pool of Priority Collateral to the extent necessary to effectuate the intent of this sentence, even
if such turnover has the effect of reducing the aggregate recoveries. The foregoing sentence is subject to any separate agreement
by and between any Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, and any other
Additional Agent, on behalf of itself and the Additional Secured Parties represented thereby, with respect to the Additional Obligations
owing to any of such Additional Agent and Additional Secured Parties.

 

Section 6.6 Enforceability.
The provisions of this Agreement are intended to be and shall be enforceable as a “subordination agreement” under Section
510(a) of the Bankruptcy Code.

 

    	 	111	 

     

    

  

Section 6.7 ABL Obligations
Unconditional. All rights of the ABL Agent hereunder, and all agreements and obligations of the Term Loan Agent, any Additional
Agent and the Credit Parties (to the extent applicable) hereunder, shall remain in full force and effect irrespective of:

 

(i)          any
lack of validity or enforceability of any ABL Document;

 

(ii)         any
change in the time, place or manner of payment of, or in any other term of, all or any portion of the ABL Obligations, or any amendment,
waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding or restatement
of any ABL Document;

 

(iii)        any
exchange, release, voiding, avoidance or non-perfection of any security interest in any Collateral or any other collateral, or
any release, amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement,
refunding, restatement or increase of all or any portion of the ABL Obligations or any guarantee thereof;

 

(iv)        the
commencement of any Insolvency Proceeding in respect of the Company or any other Credit Party; or

 

(v)         any
other circumstances that otherwise might constitute a defense available to, or a discharge of, any Credit Party in respect of the
ABL Obligations, or of any of the Term Loan Agent, any Additional Agent or any Credit Party, to the extent applicable, in respect
of this Agreement.

 

Section 6.8 Term Loan
Obligations Unconditional. All rights of the Term Loan Agent hereunder, and all agreements and obligations of the ABL Agent,
any Additional Agent and the Credit Parties (to the extent applicable) hereunder, shall remain in full force and effect irrespective
of:

 

(i)          any
lack of validity or enforceability of any Term Loan Document;

 

(ii)         any
change in the time, place or manner of payment of, or in any other term of, all or any portion of the Term Loan Obligations, or
any amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding
or restatement of any Term Loan Document;

 

(iii)        any
exchange, release, voiding, avoidance or non-perfection of any security interest in any Collateral, or any other collateral, or
any release, amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement,
refunding, restatement or increase of all or any portion of the Term Loan Obligations or any guarantee thereof;

 

(iv)        the
commencement of any Insolvency Proceeding in respect of the Company or any other Credit Party; or

 

    	 	112	 

     

    

  

(v)         any
other circumstances that otherwise might constitute a defense available to, or a discharge of, any Credit Party in respect of the
Term Loan Obligations, or of any of the ABL Agent, any Additional Agent or any Credit Party, to the extent applicable, in respect
of this Agreement.

 

Section 6.9 Additional
Obligations Unconditional. All rights of any Additional Agent hereunder, and all agreements and obligations of the ABL Agent,
the Term Loan Agent and the Credit Parties (to the extent applicable) hereunder, shall remain in full force and effect irrespective
of:

 

(i)          any
lack of validity or enforceability of any Additional Document;

 

(ii)         any
change in the time, place or manner of payment of, or in any other term of, all or any portion of the Additional Obligations, or
any amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement, refunding
or restatement of any Additional Document;

 

(iii)        any
exchange, release, voiding, avoidance or non-perfection of any security interest in any Collateral, or any other collateral, or
any release, amendment, waiver or other modification, whether by course of conduct or otherwise, or any refinancing, replacement,
refunding, restatement or increase of all or any portion of the Additional Obligations or any guarantee thereof;

 

(iv)        the
commencement of any Insolvency Proceeding in respect of the Company or any other Credit Party; or

 

(v)         any
other circumstances that otherwise might constitute a defense available to, or a discharge of, any Credit Party in respect of the
Additional Obligations, or of any of the ABL Agent, the Term Loan Agent or any Credit Party, to the extent applicable, in respect
of this Agreement.

 

Section 6.10 Adequate
Protection. Except to the extent expressly provided in Section 6.1 and this Section 6.10, nothing in this Agreement
shall limit the rights of (x) the ABL Agent and the ABL Secured Parties, (y) the Term Loan Agent and the
Term Loan Secured Parties, or (z) any Additional Agent and the Additional Secured Parties, respectively, from seeking
or requesting adequate protection with respect to their interests in the applicable Priority Collateral in any Insolvency Proceeding,
including adequate protection in the form of a cash payment, periodic cash payments, cash payments of interest, additional collateral
or otherwise; provided that:

 

(a)          in
the event that the ABL Agent, on behalf of itself or any of the ABL Secured Parties, seeks or requests adequate protection in respect
of the ABL Obligations and such adequate protection is granted in the form of a Lien on additional collateral comprising assets
of the type of assets that constitute Term Loan Priority Collateral, then the ABL Agent, on behalf of itself and each of the ABL
Secured Parties, agrees that the Term Loan Agent shall also be granted a senior Lien on such collateral as security for the Term
Loan Obligations and that any Lien on such collateral securing the ABL Obligations shall be subordinate to any Lien on such collateral
securing the Term Loan Obligations;

 

    	 	113	 

     

    

  

(b)          in
the event that the ABL Agent, on behalf of itself or any of the ABL Secured Parties, seeks or requests adequate protection in respect
of the ABL Obligations and such adequate protection is granted in the form of a Lien on additional collateral comprising assets
of the type of assets that constitute Term Loan Priority Collateral, then the ABL Agent, on behalf of itself and each of the ABL
Secured Parties, agrees that any Additional Term Agent shall also be granted a senior Lien on such collateral as security for the
Additional Term Obligations and that any Lien on such collateral securing the ABL Obligations shall be subordinate to any Lien
on such collateral securing the Additional Term Obligations (except as may be separately otherwise agreed in writing by and between
such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and the ABL Agent,
on behalf of itself and the ABL Secured Parties);

 

(c)          in
the event that the Term Loan Agent, on behalf of itself or any of the Term Loan Secured Parties, seeks or requests adequate protection
in respect of the Term Loan Obligations and such adequate protection is granted in the form of a Lien on additional collateral
comprising assets of the type of assets that constitute ABL Priority Collateral, then the Term Loan Agent, on behalf of itself
and each of the Term Loan Secured Parties, agrees that the ABL Agent shall also be granted a senior Lien on such collateral as
security for the ABL Obligations and that any Lien on such collateral securing the Term Loan Obligations shall be subordinate to
the Lien on such collateral securing the ABL Obligations;

 

(d)          in
the event that the Term Loan Agent, on behalf of itself or any of the Term Loan Secured Parties, seeks or requests adequate protection
in respect of the Term Loan Obligations and such adequate protection is granted in the form of a Lien on additional collateral
comprising assets of the type of assets that constitute ABL Priority Collateral, then the Term Loan Agent, on behalf of itself
and each of the Term Loan Secured Parties, agrees that any Additional ABL Agent shall also be granted a senior Lien on such collateral
as security for the Additional ABL Obligations and that any Lien on such collateral securing the Term Loan Obligations shall be
subordinate to any Lien on such collateral securing the Additional ABL Obligations (except as may be separately otherwise agreed
in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby,
and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties);

 

(e)          in
the event that any Additional Term Agent, on behalf of itself or any Additional Term Secured Parties, seeks or requests adequate
protection in respect of the Additional Term Obligations and such adequate protection is granted in the form of a Lien on additional
collateral comprising assets of the type of assets that constitute ABL Priority Collateral, then such Additional Term Agent, on
behalf of itself and any Additional Term Secured Parties represented thereby, agrees that the ABL Agent shall also be granted a
senior Lien on such collateral as security for the ABL Obligations and that any Lien on such collateral securing the Additional
Term Obligations shall be subordinate to the Lien on such collateral securing the ABL Obligations (except as may be separately
otherwise agreed in writing by and between the ABL Agent, on behalf of itself and the ABL Secured Parties, and such Additional
Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby);

 

    	 	114	 

     

    

  

(f)          in
the event that any Additional Term Agent, on behalf of itself or any Additional Term Secured Parties, seeks or requests adequate
protection in respect of the Additional Term Obligations and such adequate protection is granted in the form of a Lien on additional
collateral comprising assets of the type of assets that constitute ABL Priority Collateral, then such Additional Term Agent, on
behalf of itself and any Additional Term Secured Party represented thereby, agrees that any Additional ABL Agent shall also be
granted a senior Lien on such collateral as security for the Additional ABL Obligations and that any Lien on such collateral securing
the Additional Term Obligations shall be subordinate to the Lien on such collateral securing the Additional ABL Obligations (except
as may be separately otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, and such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties
represented thereby);

 

(g)          in
the event that any Additional ABL Agent, on behalf of itself or any Additional ABL Secured Party, seeks or requests adequate protection
in respect of the Additional ABL Obligations and such adequate protection is granted in the form of a Lien on additional collateral
comprising assets of the type of assets that constitute Term Loan Priority Collateral, then such Additional ABL Agent, on behalf
of itself and any Additional ABL Secured Party represented thereby, agrees that the Term Loan Agent shall also be granted a senior
Lien on such collateral as security for the Term Loan Obligations and that any Lien on such collateral securing the Additional
ABL Obligations shall be subordinate to the Lien on such collateral securing the Term Loan Obligations (except as may be separately
otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan Secured Parties);

 

(h)          in
the event that any Additional ABL Agent, on behalf of itself or any Additional ABL Secured Party, seeks or requests adequate protection
in respect of the Additional ABL Obligations and such adequate protection is granted in the form of a Lien on additional collateral
comprising assets of the type of assets that constitute Term Loan Priority Collateral, then such Additional ABL Agent, on behalf
of itself and any Additional ABL Secured Party represented thereby, agrees that any Additional Term Agent shall also be granted
a senior Lien on such collateral as security for the Additional Term Obligations and that any Lien on such collateral securing
the Additional ABL Obligations shall be subordinate to the Lien on such collateral securing the Additional Term Obligations (except
as may be separately otherwise agreed in writing by and between such Additional ABL Agent, on behalf of itself and the Additional
ABL Secured Parties represented thereby, and such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties
represented thereby); and

 

(i)          for
the avoidance of doubt, (i) no ABL Secured Party may seek or request adequate protection in the form of a Lien on any Real
Property without the express written consent of the Term Loan Agent and (ii) the provisions of this Section 6.10
shall not otherwise apply to any adequate protection Liens that any Term Loan Secured Party may receive on any Real Property.

 

    	 	115	 

     

    

  

Section 6.11 Post-Petition
Interest.

 

(a)          None
of the Term Loan Agent, any Additional Term Agent, any Term Loan Secured Party nor any Additional Term Loan Secured Party shall
oppose or seek to challenge any claim by the ABL Agent, any Additional ABL Agent, any ABL Secured Party or any Additional ABL Secured
Party for allowance in any Insolvency Proceeding of ABL Obligations consisting of post-petition interest, fees or expenses to the
extent of the value of the Lien on the ABL Priority Collateral securing any ABL Secured Party’s or Additional ABL Secured
Party's claim, without regard to the existence of the Lien of the Term Loan Agent on behalf of the Term Loan Secured Parties or
any Additional Term Agent on behalf of the Additional Term Secured Parties on the ABL Priority Collateral.

 

(b)          None
of the ABL Agent, any Additional ABL Agent, any ABL Secured Party nor any Additional ABL Secured Party shall oppose or seek to
challenge any claim by the Term Loan Agent, any Additional Term Agent, any Term Loan Secured Party or Additional Term Loan Secured
Party for allowance in any Insolvency Proceeding of Term Obligations consisting of post-petition interest, fees or expenses to
the extent of the value of the Lien on the Term Priority Collateral securing any Term Secured Party’s claim, without regard
to the existence of the Lien of the ABL Agent on behalf of the ABL Secured Parties or Additional ABL Agent on behalf of any Additional
ABL Secured Parties on the Term Priority Collateral.

 

ARTICLE 7

 

Miscellaneous

 

Section 7.1 Rights
of Subrogation. The Term Loan Agent, on behalf of itself and the Term Loan Secured Parties, agrees that no payment by the Term
Loan Agent or any Term Loan Secured Party to the ABL Agent or any ABL Secured Party pursuant to the provisions of this Agreement
shall entitle the Term Loan Agent or any Term Loan Secured Party to exercise any rights of subrogation in respect thereof until
the Discharge of ABL Obligations shall have occurred. Following the Discharge of ABL Obligations, the ABL Agent agrees to execute
such documents, agreements, and instruments as the Term Loan Agent or any Term Loan Secured Party may reasonably request to evidence
the transfer by subrogation to any such Person of an interest in the ABL Obligations resulting from payments to the ABL Agent by
such Person, so long as all costs and expenses (including all reasonable legal fees and disbursements) incurred in connection therewith
by the ABL Agent are paid by such Person upon request for payment thereof.

 

The Term Loan Agent,
on behalf of itself and the Term Loan Secured Parties, agrees that no payment by the Term Loan Agent or any Term Loan Secured Party
to any Additional ABL Agent or any Additional ABL Secured Party represented thereby pursuant to the provisions of this Agreement
shall entitle the Term Loan Agent or any Term Loan Secured Party to exercise any rights of subrogation in respect thereof until
the Discharge of Additional ABL Obligations with respect to the Additional ABL Obligations owed to such Additional ABL Secured
Parties shall have occurred. Following the Discharge of Additional ABL Obligations with respect to the Additional ABL Obligations
owed to such Additional ABL Secured Parties, such Additional ABL Agent agrees to execute such documents, agreements, and instruments
as the Term Loan Agent or any Term Loan Secured Party may reasonably request to evidence the transfer by subrogation to any such
Person of an interest in the applicable Additional ABL Obligations resulting from payments to such Additional ABL Agent by such
Person, so long as all costs and expenses (including all reasonable legal fees and disbursements) incurred in connection therewith
by such Additional ABL Agent are paid by such Person upon request for payment thereof.

 

    	 	116	 

     

    

 

The ABL Agent, on behalf
of itself and the ABL Secured Parties, agrees that no payment by the ABL Agent or any ABL Secured Party to the Term Loan Agent
or any Term Loan Secured Party pursuant to the provisions of this Agreement shall entitle the ABL Agent or any ABL Secured Party
to exercise any rights of subrogation in respect thereof until the Discharge of Term Loan Obligations shall have occurred. Following
the Discharge of Term Loan Obligations, the Term Loan Agent agrees to execute such documents, agreements, and instruments as the
ABL Agent or any ABL Secured Party may reasonably request to evidence the transfer by subrogation to any such Person of an interest
in the Term Loan Obligations resulting from payments to the Term Loan Agent by such Person, so long as all costs and expenses (including
all reasonable legal fees and disbursements) incurred in connection therewith by the Term Loan Agent are paid by such Person upon
request for payment thereof.

 

The ABL Agent, on behalf
of itself and the ABL Secured Parties, agrees that no payment by the ABL Agent or any ABL Secured Party to any Additional Term
Agent or any Additional Term Secured Party represented thereby pursuant to the provisions of this Agreement shall entitle the ABL
Agent or any ABL Secured Party to exercise any rights of subrogation in respect thereof until the Discharge of Additional Term
Obligations with respect to the Additional Term Obligations owed to such Additional Term Secured Parties shall have occurred. Following
the Discharge of Additional Term Obligations with respect to the Additional Term Obligations owed to such Additional Term Secured
Parties, such Additional Term Agent agrees to execute such documents, agreements, and instruments as the ABL Agent or any ABL Secured
Party may reasonably request to evidence the transfer by subrogation to any such Person of an interest in the applicable Additional
Term Obligations resulting from payments to such Additional Term Agent by such Person, so long as all costs and expenses (including
all reasonable legal fees and disbursements) incurred in connection therewith by such Additional Term Agent are paid by such Person
upon request for payment thereof.

 

Any Additional Term Agent,
on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that no payment by such Additional Term
Agent or any such Additional Term Secured Party to the ABL Agent or any ABL Secured Party pursuant to the provisions of this Agreement
shall entitle such Additional Term Agent or any such Additional Term Secured Party to exercise any rights of subrogation in respect
thereof until the Discharge of ABL Obligations shall have occurred. Following the Discharge of ABL Obligations, the ABL Agent agrees
to execute such documents, agreements, and instruments as such Additional Term Agent or any such Additional Term Secured Party
may reasonably request to evidence the transfer by subrogation to any such Person of an interest in the ABL Obligations resulting
from payments to the ABL Agent by such Person, so long as all costs and expenses (including all reasonable legal fees and disbursements)
incurred in connection therewith by the ABL Agent are paid by such Person upon request for payment thereof.

 

Any Additional Term Agent,
on behalf of itself and any Additional Term Secured Parties represented thereby, agrees that no payment by such Additional Term
Agent or any such Additional Term Secured Party to any Additional ABL Agent or any Additional ABL Secured Party pursuant to the
provisions of this Agreement shall entitle such Additional Term Agent or any such Additional Term Secured Party to exercise any
rights of subrogation in respect thereof until the Discharge of Additional ABL Obligations with respect to the Additional ABL Obligations
owed to such Additional ABL Secured Parties shall have occurred. Following the Discharge of Additional ABL Obligations with respect
to the Additional ABL Obligations owed to such Additional ABL Secured Parties, any Additional ABL Agent agrees to execute such
documents, agreements, and instruments as such Additional Term Agent or any such Additional Term Secured Party may reasonably request
to evidence the transfer by subrogation to any such Person of an interest in the Additional ABL Obligations resulting from payments
to such Additional ABL Agent by such Person, so long as all costs and expenses (including all reasonable legal fees and disbursements)
incurred in connection therewith by such Additional ABL Agent are paid by such Person upon request for payment thereof.

 

    	 	117	 

     

    

 

Any Additional ABL Agent,
on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that no payment by such Additional ABL Agent
or any such Additional ABL Secured Party to the Term Loan Agent or any Term Loan Secured Party pursuant to the provisions of this
Agreement shall entitle such Additional ABL Agent or any such Additional ABL Secured Party to exercise any rights of subrogation
in respect thereof until the Discharge of Term Loan Obligations shall have occurred. Following the Discharge of Term Loan Obligations,
the Term Loan Agent agrees to execute such documents, agreements, and instruments as such Additional ABL Agent or any such Additional
ABL Secured Party may reasonably request to evidence the transfer by subrogation to any such Person of an interest in the Term
Loan Obligations resulting from payments to the Term Loan Agent by such Person, so long as all costs and expenses (including all
reasonable legal fees and disbursements) incurred in connection therewith by the Term Loan Agent are paid by such Person upon request
for payment thereof.

 

Any Additional ABL Agent,
on behalf of itself and any Additional ABL Secured Parties represented thereby, agrees that no payment by such Additional ABL Agent
or any such Additional ABL Secured Party to any Additional Term Agent or any Additional Term Secured Party pursuant to the provisions
of this Agreement shall entitle such Additional ABL Agent or any such Additional ABL Secured Party to exercise any rights of subrogation
in respect thereof until the Discharge of Additional Term Obligations with respect to the Additional Term Obligations owed to such
Additional Term Secured Parties shall have occurred. Following the Discharge of Additional Term Obligations with respect to the
Additional Term Obligations owed to such Additional Term Secured Parties, any Additional Term Agent agrees to execute such documents,
agreements, and instruments as such Additional ABL Agent or any such Additional ABL Secured Party may reasonably request to evidence
the transfer by subrogation to any such Person of an interest in the Additional Term Obligations resulting from payments to such
Additional Term Agent by such Person, so long as all costs and expenses (including all reasonable legal fees and disbursements)
incurred in connection therewith by such Additional Term Agent are paid by such Person upon request for payment thereof.

 

Section 7.2 Further
Assurances. The Parties will, at their own expense and at any time and from time to time, promptly execute and deliver all
further instruments and documents, and take all further action, that may be necessary or desirable, or that any Party may reasonably
request, in order to protect any right or interest granted or purported to be granted hereby or to enable such Party to exercise
and enforce its rights and remedies hereunder; provided, however, that no Party shall be required to pay over any
payment or distribution, execute any instruments or documents, or take any other action referred to in this Section 7.2,
to the extent that such action would contravene any law, order or other legal requirement or any of the terms or provisions of
this Agreement, and in the event of a controversy or dispute, such Party may interplead any payment or distribution in any court
of competent jurisdiction, without further responsibility in respect of such payment or distribution under this Section 7.2.

 

    	 	118	 

     

    

 

Section 7.3 Representations.
The Term Loan Agent represents and warrants to the ABL Agent and any Additional Agent that it has the requisite power and authority
under the Term Loan Documents to enter into, execute, deliver, and carry out the terms of this Agreement on behalf of itself and
the Term Loan Secured Parties. The ABL Agent represents and warrants to the Term Loan Agent and any Additional Agent that it has
the requisite power and authority under the ABL Documents to enter into, execute, deliver, and carry out the terms of this Agreement
on behalf of itself and the ABL Secured Parties. Any Additional Agent represents and warrants to the Term Loan Agent, the ABL Agent
and any other Additional Agent that it has the requisite power and authority under the applicable Additional Documents to enter
into, execute, deliver, and carry out the terms of this Agreement on behalf of itself and any Additional Secured Parties represented
thereby.

 

Section 7.4 Amendments.
(a) No amendment, modification or waiver of any provision of this Agreement, and no consent to any departure by any Party hereto,
shall be effective unless it is in a written agreement executed by the Term Loan Agent, the ABL Agent and any Additional Agent.
Notwithstanding the foregoing, the Company Representative may, without the consent of any Party hereto, amend this Agreement to
add an Additional Agent by (x) executing an Additional Indebtedness Joinder as provided in Section 7.11 or (y) executing
a joinder agreement in substantially the form of Exhibit C attached hereto as provided for in the definition of “ABL
Credit Agreement” or “Term Loan Credit Agreement”, as applicable. No amendment, modification or waiver
of any provision of this Agreement, and no consent to any departure therefrom by any Party hereto, that changes, alters, modifies
or otherwise adversely affects any power, privilege, right, remedy, liability or obligation of, or otherwise affects in any manner,
any Additional Agent that is not then a Party, or any Additional Secured Party not then represented by an Additional Agent that
is then a Party (including but not limited to any change, alteration, modification or other effect upon any power, privilege, right,
remedy, liability or obligation of or other adverse effect upon any such Additional Agent or Additional Secured Party that may
at any subsequent time become a Party or beneficiary hereof) shall be effective unless it is consented to in writing by the Company
Representative (regardless of whether any such Additional Agent or Additional Secured Party ever becomes a Party or beneficiary
hereof). Any amendment, modification or waiver of any provision of this Agreement that would have the effect, directly or indirectly,
through any reference in any Credit Document to this Agreement or otherwise, of waiving, amending, supplementing or otherwise modifying
such Credit Document, or any term or provision thereof, or any right or obligation of the Company or any other Credit Party thereunder
or in respect thereof, shall not be given such effect except pursuant to a written instrument executed by the Company Representative
and each other affected Credit Party.

 

    	 	119	 

     

    

 

(b)          In
the event that the ABL Agent that is the ABL Collateral Representative or the requisite ABL Secured Parties represented thereby
enter into any amendment, waiver or consent in respect of or replacing any ABL Collateral Document for the purpose of adding to,
or deleting from, or waiving or consenting to any departure from any provisions of, any ABL Collateral Document relating to the
ABL Priority Collateral or changing in any manner the rights of the ABL Agent, the ABL Secured Parties, or any ABL Credit Party
with respect to the ABL Priority Collateral (including, subject to Section 2.4(f) hereof, the release of any Liens thereon),
then such amendment, waiver or consent shall apply automatically to any comparable provision of each Term Loan Collateral Document
and each Additional Term Collateral Document, in each case without the consent of, or any action by, any Term Loan Agent or any
Term Loan Secured Party or any Additional Term Agent or Additional Term Secured Party, as applicable; provided, that such
amendment, waiver or consent does not materially adversely affect the rights of the Term Loan Secured Parties or the Additional
Term Secured Parties, as applicable, or the interests of the Term Loan Secured Parties or the Additional Term Secured Parties,
as applicable, in the Term Loan Priority Collateral. The ABL Agent shall give written notice of such amendment, waiver or consent
to the Term Loan Agent and each Additional Term Agent; provided that the failure to give such notice shall not affect the
effectiveness of such amendment, waiver or consent with respect to the provisions of any Term Loan Collateral Document or any Additional
Term Collateral Document as set forth in this Section 7.4(b).

 

(c)          In
the event that the ABL Agent that is the ABL Collateral Representative or the requisite ABL Secured Parties represented thereby
enter into any amendment, waiver or consent in respect of or replacing any ABL Collateral Document for the purpose of adding to,
or deleting from, or waiving or consenting to any departure from any provisions of, any ABL Collateral Document relating to the
ABL Priority Collateral or changing in any manner the rights of the ABL Agent, the ABL Secured Parties, or any ABL Credit Party
with respect to the ABL Priority Collateral (including, subject to Section 2.4(f) hereof, the release of any Liens thereon
), then such amendment, waiver or consent shall apply automatically to any comparable provision of each ABL Collateral Document
and each Additional ABL Collateral Document, in each case without the consent of, or any action by, any Additional ABL Agent or
any Additional ABL Secured Party (except as may be separately otherwise agreed in writing by and between such Additional ABL Agent,
on behalf of itself and the Additional ABL Secured Parties represented thereby, and the ABL Agent, on behalf of itself and the
ABL Secured Parties); provided, that such amendment, waiver or consent does not materially adversely affect the rights or
interests of the Additional ABL Secured Parties in the ABL Priority Collateral. The ABL Agent shall give written notice of such
amendment, waiver or consent to each Additional ABL Agent; provided that the failure to give such notice shall not affect
the effectiveness of such amendment, waiver or consent with respect to the provisions of any Additional ABL Collateral Document
as set forth in this Section 7.4(c).

 

(d)          In
the event that the Term Loan Agent that is the Term Loan Collateral Representative or the requisite Term Loan Secured Parties represented
thereby enter into any amendment, waiver or consent in respect of or replacing any Term Loan Collateral Document for the purpose
of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any Term Loan Collateral Document
relating to the Term Loan Priority Collateral or changing in any manner the rights of the Term Loan Agent, the Term Loan Secured
Parties, or any Term Loan Credit Party with respect to the Term Loan Priority Collateral (including, subject to Section 2.4(f)
hereof, the release of any Liens thereon), then such amendment, waiver or consent shall apply automatically to any comparable provision
of each ABL Collateral Document and each Additional ABL Collateral Document, in each case without the consent of, or any action
by, the ABL Agent or any ABL Secured Party or any Additional ABL Agent or Additional ABL Secured Party, as applicable (except as
may be separately otherwise agreed in writing by and between the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, and (x) the ABL Agent, on behalf of itself and the ABL Secured Parties, and (y) any Additional
ABL Agent, on behalf of itself and the Additional ABL Secured Parties represented thereby); provided, that such amendment,
waiver or consent does not materially adversely affect the rights or interests of the ABL Secured Parties or the Additional ABL
Secured Parties, as applicable, in the ABL Priority Collateral. The Term Loan Agent shall give written notice of such amendment,
waiver or consent to the ABL Agent and each Additional ABL Agent; provided that the failure to give such notice shall not
affect the effectiveness of such amendment, waiver or consent with respect to the provisions of any ABL Collateral Document or
Additional ABL Collateral Document as set forth in this Section 7.4(d).

 

    	 	120	 

     

    

 

(e)          In
the event that the Term Loan Agent that is the Term Loan Collateral Representative or the requisite Term Loan Secured Parties represented
thereby enter into any amendment, waiver or consent in respect of or replacing any Term Loan Collateral Document for the purpose
of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any Term Loan Collateral Document
relating to the Term Loan Priority Collateral or changing in any manner the rights of the Term Loan Agent, the Term Loan Secured
Parties, or any Term Loan Credit Party with respect to the Term Loan Priority Collateral (including, subject to Section 2.4(f)
hereof, the release of any Liens thereon), then such amendment, waiver or consent shall apply automatically to any comparable provision
of each Additional Term Collateral Document without the consent of, or any action by, any Additional Term Agent or Additional Term
Secured Party (except as may be separately otherwise agreed in writing by and between such Additional Term Agent, on behalf of
itself and the Additional Term Secured Parties represented thereby, and the Term Loan Agent, on behalf of itself and the Term Loan
Secured Parties); provided, that such amendment, waiver or consent does not materially adversely affect the rights or interests
of the Additional Term Secured Parties in the Collateral. The applicable Term Loan Agent shall give written notice of such amendment,
waiver or consent to each Additional Term Agent; provided that the failure to give such notice shall not affect the effectiveness
of such amendment, waiver or consent with respect to the provisions of any Additional Term Collateral Document as set forth in
this Section 7.4(e).

 

(f)          In
the event that any Additional Term Agent that is the Term Loan Collateral Representative or the requisite Additional Term Secured
Parties represented thereby enter into any amendment, waiver or consent in respect of or replacing any Additional Term Collateral
Document for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any
Additional Term Collateral Document relating to the Term Loan Priority Collateral or changing in any manner the rights of the Additional
Term Agent, the Additional Term Secured Parties, or any Additional Term Credit Party with respect to the Term Loan Priority Collateral
(including, subject to Section 2.4(f) hereof, the release of any Liens thereon), then such amendment, waiver or consent
shall apply automatically to any comparable provision of each ABL Collateral Document and each Additional ABL Collateral Document,
in each case without the consent of, or any action by, the ABL Agent or any ABL Secured Party or any Additional ABL Agent or Additional
ABL Secured Party, as applicable (except as may be separately otherwise agreed in writing by and between (x) such Additional
Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and (y) the ABL Agent,
on behalf of itself and the ABL Secured Parties, or such Additional ABL Agent, on behalf of itself and the Additional ABL Secured
Parties represented thereby); provided, that such amendment, waiver or consent does not materially adversely affect the
rights or interests of the ABL Secured Parties or the Additional ABL Secured Parties, as applicable, in the ABL Priority Collateral
(including any license or right of use granted to them by any Credit Party pursuant to any ABL Collateral Document or Additional
ABL Collateral Document (as applicable) with respect to Intellectual Property owned by such Credit Party as it pertains to the
ABL Priority Collateral). The applicable Additional Term Agent shall give written notice of such amendment, waiver or consent to
the ABL Agent and each Additional ABL Agent; provided that the failure to give such notice shall not affect the effectiveness
of such amendment, waiver or consent with respect to the provisions of any ABL Collateral Document or Additional ABL Collateral
Document as set forth in this Section 7.4(f).

 

    	 	121	 

     

    

 

(g)          In
the event that any Additional Term Agent that is the Term Loan Collateral Representative or the requisite Additional Term Secured
Parties represented thereby enter into any amendment, waiver or consent in respect of or replacing any Additional Term Collateral
Document for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any
Additional Term Collateral Document relating to the Term Loan Priority Collateral or changing in any manner the rights of the Additional
Term Agent, the Additional Term Secured Parties, or any Additional Term Credit Party with respect to the Term Loan Priority Collateral
(including, subject to Section 2.4(f) hereof, the release of any Liens thereon), then such amendment, waiver or consent
shall apply automatically to any comparable provision of each Term Loan Collateral Document and (with respect to any other Additional
Term Credit Facility) each Additional Term Collateral Document, in each case without the consent of, or any action by, the Term
Loan Agent or any Term Loan Secured Party or (with respect to any other Additional Term Credit Facility) any other Additional Term
Agent or related Additional Term Secured Party, as applicable (except as may be separately otherwise agreed in writing by and between
(x) such Additional Term Agent, on behalf of itself and the Additional Term Secured Parties represented thereby, and
(y) the Term Agent, on behalf of itself and the Term Loan Secured Parties, or such other Additional Term Agent, on
behalf of itself and the Additional Term Secured Parties represented thereby); provided, that such amendment, waiver or
consent does not materially adversely affect the rights or interests of the Term Loan Secured Parties or such other Additional
Term Secured Parties, as applicable, in the Collateral. The applicable Additional Term Agent shall give written notice of such
amendment, waiver or consent to the Term Loan Agent and each such other Additional Term Agent; provided that the failure
to give such notice shall not affect the effectiveness of such amendment, waiver or consent with respect to the provisions of any
Term Loan Collateral Document or Additional Term Collateral Document as set forth in this Section 7.4(g).

 

(h)          In
the event that any Additional ABL Agent that is the ABL Collateral Representative or the requisite Additional ABL Secured Parties
represented thereby enter into any amendment, waiver or consent in respect of or replacing any Additional ABL Collateral Document
for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of any Additional
ABL Collateral Document relating to the ABL Priority Collateral or changing in any manner the rights of such Additional ABL Agent,
such Additional ABL Secured Parties, or any Additional ABL Credit Party with respect to the ABL Priority Collateral (including,
subject to Section 2.4(f) hereof, the release of any Liens thereon), then such amendment, waiver or consent shall apply
automatically to any comparable provision of each Term Loan Collateral Document and each Additional Term Collateral Document, in
each case without the consent of, or any action by, the Term Loan Agent or any Term Loan Secured Party or any Additional Term Agent
or Additional Term Secured Party, as applicable; provided, that such amendment, waiver or consent does not materially adversely
affect the rights or interests of the Term Loan Secured Parties or the Additional Term Secured Parties, as applicable, in the Term
Loan Priority Collateral (including any license or right of use granted to them by any Credit Party pursuant to any Term Loan Collateral
Document or Additional Term Collateral Document (as applicable) with respect to Intellectual Property owned by such Credit Party
as it pertains to the Term Loan Priority Collateral). The applicable Additional ABL Agent shall give written notice of such amendment,
waiver or consent to the Term Loan Agent and each Additional Term Agent; provided that the failure to give such notice shall
not affect the effectiveness of such amendment, waiver or consent with respect to the provisions of any Term Loan Collateral Document
or Additional Term Collateral Document as set forth in this Section 7.4(h).

 

    	 	122	 

     

    

 

(i)          In
the event that any Additional ABL Agent that is the ABL Collateral Representative or the requisite Additional ABL Secured Parties
represented thereby enter into any amendment, waiver or consent in respect of or replacing any Additional ABL Collateral Document
for the purpose of adding to, or deleting from, or waiving or consenting to any departures from any provisions of, any Additional
ABL Collateral Document relating to the ABL Priority Collateral or changing in any manner the rights of such Additional ABL Agent,
such Additional ABL Secured Parties, or any Additional ABL Credit Party with respect to the ABL Priority Collateral (including,
subject to Section 2.4(f) hereof, the release of any Liens thereon), then such amendment, waiver or consent shall apply
automatically to any comparable provision of each ABL Collateral Document and (with respect to any other Additional ABL Credit
Facility) each Additional ABL Collateral Document, in each case without the consent of, or any action by, the ABL Agent or any
ABL Secured Party or (with respect to any other Additional ABL Credit Facility) any other Additional ABL Agent or related Additional
ABL Secured Party (except as may be separately otherwise agreed in writing by and between (x) such Additional ABL Agent,
on behalf of itself and the Additional ABL Secured Parties represented thereby, and (y) the ABL Agent, on behalf of
itself and the ABL Secured Parties, or such other Additional ABL Agent, on behalf of itself and the Additional ABL Secured Parties
represented thereby); provided, that such amendment, waiver or consent does not materially adversely affect the rights or
interests of the ABL Secured Parties or such other Additional ABL Secured Parties in the Collateral. The applicable Additional
ABL Agent shall give written notice of such amendment, waiver or consent to the ABL Agent and each such other Additional ABL Agent;
provided that the failure to give such notice shall not affect the effectiveness of such amendment, waiver or consent with
respect to the provisions of any ABL Collateral Document or Additional ABL Collateral Document as set forth in this Section
7.4(i).

 

Section 7.5 Addresses
for Notices. Unless otherwise specifically provided herein, any notice or other communication herein required or permitted
to be given shall be in writing and may be personally served, faxed, sent by electronic mail or sent by overnight express courier
service or United States mail and shall be deemed to have been given when delivered in person or by courier service, upon receipt
of a facsimile or upon receipt of electronic mail 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) or five days after deposit
in the United States mail (certified, with postage prepaid and properly addressed). For the purposes hereof, the addresses of the
parties hereto (until notice of a change thereof is delivered as provided in this Section) shall be as set forth below or, as to
each party, at such other address as may be designated by such party in a written notice to all of the other parties.

 

    	 	123	 

     

    

 

	ABL Agent:	Wells Fargo Bank, National Association
	 	1100 Abernathy Road, Suite 1600
	 	Atlanta, GA 30328
	 	Attention: Business Finance Manager
	 	Facsimile:  (866) 358-0842
	 	Telephone:  (770) 508-1332
	 	Email: Matt.Mouledous@WellsFargo.com
	 	 
	Term Loan Agent:	Credit Suisse AG
	 	Attention: Loan Operations – Boutique Management
	 	Eleven Madison Avenue - 9th Floor
	 	New York, NY 10010
	 	Tel. No.: (212) 538-6106
	 	Fax No.: (212) 325-8315
	 	Email: list.ops-collateral@credit-suisse.com
	 	 
	Any Additional Agent:	As set forth in the Additional Indebtedness Joinder executed and delivered by such Additional Agent pursuant to Section 7.11.

 

Section 7.6 No Waiver,
Remedies. No failure on the part of any Party to exercise, and no delay in exercising, any right hereunder shall operate as
a waiver thereof; nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof
or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law.

 

Section 7.7 Continuing
Agreement, Transfer of Secured Obligations. This Agreement is a continuing agreement and shall (a) remain in full
force and effect until the Discharge of ABL Obligations, the Discharge of Term Loan Obligations and the Discharge of Additional
Obligations shall have occurred, (b) be binding upon the Parties and their successors and assigns, and (c) inure
to the benefit of and be enforceable by the Parties and their respective successors, transferees and assigns. Nothing herein is
intended, or shall be construed to give, any other Person any right, remedy or claim under, to or in respect of this Agreement
or any Collateral, subject to Section 7.10 hereof. All references to any Credit Party shall include any Credit Party as
debtor-in-possession and any receiver or trustee for such Credit Party in any Insolvency Proceeding. Without limiting the generality
of the foregoing clause (c), the ABL Agent, any ABL Secured Party, the Term Loan Agent, any Term Loan Secured Party, any Additional
Agent or any Additional Secured Party may assign or otherwise transfer all or any portion of the ABL Obligations, the Term Loan
Obligations or any Additional Obligations, as applicable, to any other Person, and such other Person shall thereupon become vested
with all the rights and obligations in respect thereof granted to the ABL Agent, the Term Loan Agent, such ABL Secured Party, such
Term Loan Secured Party, such Additional Agent or such Additional Secured Party, as the case may be, herein or otherwise. The ABL
Secured Parties, the Term Loan Secured Parties and any Additional Secured Parties may continue, at any time and without notice
to the other Parties hereto, to extend credit and other financial accommodations, lend monies and provide Indebtedness to, or for
the benefit of, any Credit Party on the faith hereof.

 

    	 	124	 

     

    

 

Section 7.8 Governing
Law: Entire Agreement. The validity, performance and enforcement of this Agreement shall be governed by, and construed and
interpreted in accordance with, the law of the State of New York, without giving effect to its principles or rules of conflict
of laws to the extent such principles or rules are not mandatorily applicable by statute and would require or permit the application
of the laws of another jurisdiction. This Agreement constitutes the entire agreement and understanding among the Parties with respect
to the subject matter hereof and supersedes any prior agreements, written or oral, with respect thereto.

 

Section 7.9 Counterparts.
This Agreement may be executed in any number of counterparts (including by facsimile and other electronic transmission), and it
is not necessary that the signatures of all Parties be contained on any one counterpart hereof, each counterpart will be deemed
to be an original, and all together shall constitute one and the same document.

 

Section 7.10 No Third
Party Beneficiaries. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the parties hereto
and its respective successors and assigns and shall inure to the benefit of each of the ABL Agent, the ABL Secured Parties, the
Term Loan Agent, the Term Loan Secured Parties, each Additional Agent, the Additional Secured Parties and the Company and the other
Credit Parties. No other Person shall have or be entitled to assert rights or benefits hereunder.

 

Section 7.11 Designation
of Additional Indebtedness; Joinder of Additional Agents. (a) The Company Representative may designate any Additional Indebtedness
complying with the requirements of the definition of “Additional Indebtedness” as Additional Indebtedness, and
as either Additional ABL Indebtedness or Additional Term Indebtedness, for purposes of this Agreement, upon complying with the
following conditions:

 

(i)          one
or more Additional Agents for one or more Additional Secured Parties in respect of such Additional Indebtedness shall have executed
the Additional Indebtedness Joinder with respect to such Additional Indebtedness, and the Company Representative or any such Additional
Agent shall have delivered such executed Additional Indebtedness Joinder to the ABL Agent, the Term Loan Agent and any other Additional
Agent then party to this Agreement;

 

(ii)         at
least five Business Days (unless a shorter period is agreed in writing by the Parties and the Company Representative) prior to
delivery of the Additional Indebtedness Joinder, the Company Representative shall have delivered to the ABL Agent, the Term Loan
Agent and any other Additional Agent then party to this Agreement complete and correct copies of any Additional Credit Facility,
Additional Guarantees and Additional Collateral Documents that will govern such Additional Indebtedness upon giving effect to such
designation (which may be unexecuted copies of Additional Documents to be executed and delivered concurrently with the effectiveness
of such designation); and

 

    	 	125	 

     

    

  

(iii)        the
Company Representative shall have executed and delivered to the ABL Agent, the Term Loan Agent and any other Additional Agent then
party to this Agreement an Additional Indebtedness Designation, with respect to such Additional Indebtedness, which Additional
Indebtedness Designation shall designate such Additional Indebtedness as Additional ABL Indebtedness or Additional Term Indebtedness,
as the case may be.

 

(b)          Upon
satisfaction of the foregoing conditions specified in the preceding Section 7.11(a), (i) the designated Additional
Indebtedness shall constitute “Additional Indebtedness”, any Additional Credit Facility under which such Additional
Indebtedness is or may be incurred shall constitute an “Additional Credit Facility”, any holder of such Additional
Indebtedness or other applicable Additional Secured Party shall constitute an “Additional Secured Party”, and
any Additional Agent for any such Additional Secured Party shall constitute an “Additional Agent”, (ii) any
designated Additional Term Indebtedness shall constitute “Additional Term Indebtedness”, any Additional Term
Credit Facility under which such Additional Term Indebtedness is or may be incurred shall constitute an “Additional Term
Credit Facility”, any holder of such Additional Term Indebtedness or other applicable Additional Term Secured Party shall
constitute an “Additional Term Secured Party”, and any Additional Term Agent for any such Additional Term Secured
Party shall constitute an “Additional Term Agent” and (iii) any designated Additional ABL Indebtedness
shall constitute “Additional ABL Indebtedness”, any Additional ABL Credit Facility under which such Additional
ABL Indebtedness is or may be incurred shall constitute an “Additional ABL Credit Facility”, any holder of such
Additional ABL Indebtedness or other applicable Additional ABL Secured Party shall constitute an “Additional ABL Secured
Party”, and any Additional ABL Agent for any such Additional ABL Secured Party shall constitute an “Additional
ABL Agent”, in each case for all purposes under this Agreement. The date on which such foregoing conditions specified
in Section 7.11(a) shall have been satisfied with respect to such Additional Indebtedness is herein called the “Additional
Effective Date.” Prior to the Additional Effective Date with respect to such Additional Indebtedness, all references
herein to Additional Indebtedness shall be deemed not to take into account such Additional Indebtedness, and the rights and obligations
of the ABL Agent, the Term Loan Agent and any other Additional Agent then party to this Agreement shall be determined on the basis
that such Additional Indebtedness is not then designated. On and after the Additional Effective Date with respect to such Additional
Indebtedness, all references herein to Additional Indebtedness shall be deemed to take into account such Additional Indebtedness,
and the rights and obligations of the ABL Agent, the Term Loan Agent and any other Additional Agent then party to this Agreement
shall be determined on the basis that such Additional Indebtedness is then designated.

 

    	 	126	 

     

    

 

(c)          In
connection with any designation of Additional Indebtedness pursuant to this Section 7.11, each of the ABL Agent, the Term
Loan Agent and any Additional Agent then party hereto agrees at the Company’s expense (x) to execute and deliver
any amendments, amendments and restatements, restatements or waivers of or supplements to or other modifications to, any Term Loan
Collateral Documents, ABL Collateral Documents, or Additional Collateral Documents, as applicable, and any blocked account, control
or other agreements relating to any security interest in Control Collateral and Cash Collateral, and to make or consent to any
filings or take any other actions (including executing and recording any mortgage subordination or similar agreement), as may be
reasonably deemed by the Company Representative to be necessary or reasonably desirable for any Lien on any Collateral to secure
such Additional Indebtedness to become a valid and perfected Lien (with the priority contemplated by this Agreement), provided
that such amendment, restatement, waiver or supplement does not adversely affect the validity, perfection or priority of the Lien
of such Agent (subject, as to priority, to the provisions of this Agreement) and (y) otherwise to reasonably cooperate
to effectuate a designation of Additional Indebtedness pursuant to this Section 7.11 (including, if requested, by executing
an acknowledgment of any Additional Indebtedness Joinder or of the occurrence of any Additional Effective Date).

 

Section 7.12 Term
Loan Collateral Representative and ABL Collateral Representative; Notice of Change. The Term Loan Collateral Representative
shall act for the Term Loan Collateral Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction
of the Requisite Term Holders from time to time. Until a Party (other than the existing Term Loan Collateral Representative) receives
written notice from the existing Term Loan Collateral Representative, in accordance with Section 7.5 of this Agreement,
of a change in the identity of the Term Loan Collateral Representative, such Party shall be entitled to act as if the existing
Term Loan Collateral Representative is in fact the Term Loan Collateral Representative. Each Party (other than the existing Term
Loan Collateral Representative) shall be entitled to rely upon any written notice of a change in the identity of the Term Loan
Collateral Representative which facially appears to be from the then existing Term Loan Collateral Representative and is delivered
in accordance with Section 7.5 and such Agent shall not be required to inquire into the veracity or genuineness of such
notice. Each existing Term Loan Collateral Representative from time to time agrees to give prompt written notice to each Party
of any change in the identity of the Term Loan Collateral Representative.

 

The ABL Collateral Representative
shall act for the ABL Collateral Secured Parties as provided in this Agreement, and shall be entitled to so act at the direction
of the Requisite ABL Holders from time to time. Until a Party (other than the existing ABL Collateral Representative) receives
written notice from the existing ABL Collateral Representative, in accordance with Section 7.5 of this Agreement, of a change
in the identity of the ABL Collateral Representative, such Party shall be entitled to act as if the existing ABL Collateral Representative
is in fact the ABL Collateral Representative. Each Party (other than the existing ABL Collateral Representative) shall be entitled
to rely upon any written notice of a change in the identity of the ABL Collateral Representative which facially appears to be from
the then existing ABL Collateral Representative and is delivered in accordance with Section 7.5 and such Agent shall not
be required to inquire into the veracity or genuineness of such notice. Each existing ABL Collateral Representative from time to
time agrees to give prompt written notice to each Party of any change in the identity of the ABL Collateral Representative.

 

Section 7.13 Provisions
Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining
the relative rights of the ABL Secured Parties, the Term Loan Secured Parties and any Additional Secured Parties, respectively.
Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations
of the Company or any other Credit Party to pay the ABL Obligations, the Term Loan Obligations and any Additional Obligations as
and when the same shall become due and payable in accordance with their terms.

 

    	 	127	 

     

    

  

Section 7.14 Headings.
The headings of the articles and sections of this Agreement are inserted for purposes of convenience only and shall not be construed
to affect the meaning or construction of any of the provisions hereof.

 

Section 7.15 Severability.
If any of the provisions in this Agreement shall, for any reason, be held invalid, illegal or unenforceable in any respect, such
invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement and shall not invalidate the
Lien Priority or the application of Proceeds and other priorities set forth in this Agreement.

 

Section 7.16 Attorneys
Fees. The Parties agree that if any dispute, arbitration, litigation, or other proceeding is brought with respect to the enforcement
of this Agreement or any provision hereof, the prevailing party in such dispute, arbitration, litigation, or other proceeding shall
be entitled to recover its reasonable attorneys’ fees and all other costs and expenses incurred in the enforcement of this
Agreement, irrespective of whether suit is brought.

 

Section 7.17 VENUE;
JURY TRIAL WAIVER. (a) EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS FOR ITSELF AND ITS PROPERTY IN ANY
LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT TO THE EXCLUSIVE GENERAL JURISDICTION OF THE SUPREME COURT OF THE STATE OF
NEW YORK FOR THE COUNTY OF NEW YORK (THE “NEW YORK SUPREME COURT”), AND THE UNITED STATES DISTRICT COURT FOR
THE SOUTHERN DISTRICT OF NEW YORK (THE “FEDERAL DISTRICT COURT,” AND TOGETHER WITH THE NEW YORK SUPREME COURT,
THE “NEW YORK COURTS”) AND APPELLATE COURTS FROM EITHER OF THEM; PROVIDED THAT NOTHING IN THIS AGREEMENT SHALL
BE DEEMED OR OPERATE TO PRECLUDE (I) ANY PARTY FROM BRINGING ANY LEGAL ACTION OR PROCEEDING IN ANY JURISDICTION FOR
THE RECOGNITION AND ENFORCEMENT OF ANY JUDGMENT, (II) IF ALL SUCH NEW YORK COURTS DECLINE JURISDICTION OVER ANY PERSON,
OR DECLINE (OR IN THE CASE OF THE FEDERAL DISTRICT COURT, LACK) JURISDICTION OVER ANY SUBJECT MATTER OF SUCH ACTION OR PROCEEDING,
A LEGAL ACTION OR PROCEEDING MAY BE BROUGHT WITH RESPECT THERETO IN ANOTHER COURT HAVING JURISDICTION AND (III) IN
THE EVENT A LEGAL ACTION OR PROCEEDING IS BROUGHT AGAINST ANY PARTY HERETO OR INVOLVING ANY OF ITS ASSETS OR PROPERTY IN ANOTHER
COURT (WITHOUT ANY COLLUSIVE ASSISTANCE BY SUCH PARTY OR ANY OF ITS SUBSIDIARIES OR AFFILIATES), SUCH PARTY FROM ASSERTING A CLAIM
OR DEFENSE (INCLUDING ANY CLAIM OR DEFENSE THAT THIS SECTION 7.17(A) WOULD OTHERWISE REQUIRE TO BE ASSERTED IN A LEGAL PROCEEDING
IN A NEW YORK COURT) IN ANY SUCH ACTION OR PROCEEDING.

 

    	 	128	 

     

    

 

(b)          EACH
PARTY HERETO HEREBY WAIVES ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS
AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL
OTHER COMMON LAW OR STATUTORY CLAIMS. EACH PARTY HERETO REPRESENTS THAT IT HAS REVIEWED THIS WAIVER AND IT KNOWINGLY AND VOLUNTARILY
WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY
BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT.

 

(c)          EACH
PARTY TO THIS AGREEMENT IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 7.5.
NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS AGREEMENT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY
LAW.

 

Section 7.18 Intercreditor
Agreement. This Agreement is the “ABL/Term Loan Intercreditor Agreement” referred to in the ABL Credit Agreement,
the “ABL/Term Loan Intercreditor Agreement” referred to in the Term Loan Credit Agreement and the “ABL/Term Loan
Intercreditor Agreement”, the “ABL/Secured Notes Intercreditor Agreement” or the “Base Intercreditor Agreement”
referred to in any Additional Credit Facility. Nothing in this Agreement shall be deemed to subordinate the right of any ABL Secured
Party or any Additional ABL Secured Party to receive payment to the right of any Term Loan Secured Party or any Additional Term
Secured Party to receive payment or of any Term Loan Secured Party or any Additional Term Secured Party to receive payment to the
right of any ABL Secured Party or any Additional ABL Secured Party to receive payment (whether before or after the occurrence of
an Insolvency Proceeding), it being the intent of the Parties that this Agreement shall effectuate a subordination of Liens as
between the ABL Secured Parties, or any Additional ABL Secured Parties, on the one hand, and the Term Loan Secured Parties or any
Additional Term Secured Parties, on the other hand, but not a subordination of Indebtedness.

 

Section 7.19 No Warranties
or Liability. The Term Loan Agent, the ABL Agent and any Additional Agent each acknowledges and agrees that none of the other
Parties has made any representation or warranty with respect to the execution, validity, legality, completeness, collectability
or enforceability of any other ABL Document, any other Term Loan Document or any other Additional Document. Except as otherwise
provided in this Agreement, the Term Loan Agent, the ABL Agent and any Additional Agent will be entitled to manage and supervise
their respective extensions of credit to any Credit Party in accordance with law and their usual practices, modified from time
to time as they deem appropriate.

 

Section 7.20 Conflicts.
In the event of any conflict between the provisions of this Agreement and the provisions of any ABL Document, any Term Loan Document
or any Additional Document, the provisions of this Agreement shall govern. The parties hereto acknowledge that the terms of this
Agreement are not intended to negate any specific rights granted to, or obligations of, the Company or any other Credit Party in
the Term Loan Documents, the ABL Documents or any Additional Documents.

 

    	 	129	 

     

    

  

Section 7.21 Information
Concerning Financial Condition of the Credit Parties. None of the Term Loan Agent, the ABL Agent and any Additional Agent has
any responsibility for keeping any other Party informed of the financial condition of the Credit Parties or of other circumstances
bearing upon the risk of non-payment of the ABL Obligations, the Term Loan Obligations or any Additional Obligations. The Term
Loan Agent, the ABL Agent and any Additional Agent hereby agree that no party shall have any duty to advise any other party of
information known to it regarding such condition or any such circumstances. In the event the Term Loan Agent, the ABL Agent or
any Additional Agent, in its sole discretion, undertakes at any time or from time to time to provide any information to any other
party to this Agreement, it shall be under no obligation (A) to provide any such information to such other party or
any other party on any subsequent occasion, (B) to undertake any investigation not a part of its regular business routine,
or (C) to disclose any other information.

 

Section 7.22 Excluded
Assets. For the avoidance of doubt, nothing in this Agreement (including Sections 2.1, 2.5, 4.1, 6.1
and 6.9 hereof) shall be deemed to provide or require that any Agent or any Secured Party represented thereby receive any
Proceeds of, or any Lien on, any Property of any Credit Party that constitutes “Excluded Assets” under (and as defined
in) the applicable Credit Facility or any related Credit Document to which such Agent is a party.

 

[Signature pages follow]

 

    	 	130	 

     

    

 

IN WITNESS WHEREOF, the
ABL Agent, on behalf of itself and the ABL Secured Parties, and the Term Loan Agent, on behalf of itself and the Term Loan Secured
Parties, have caused this Agreement to be duly executed and delivered as of the date first above written.

 

	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	 	as the ABL Agent
	 	 	 
	 	By:	Matt Mouledous
	 	 	Name: Matt Mouledous
	 	 	Title:   Vice President

 

[Signature
Page – NCI ABL/Term Loan Intercreditor Agreement]

 

     

     

    

 

	 	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
	 	as the Term Loan Agent
	 	 	 
	 	By:	/s/ John D. Toronto 
	 	 	Name: John D. Toronto
	 	 	Title:   Authorized Signatory
	 	 	 
	 	By:	/s/ Shyam Kapadia_
	 	 	Name: Shyam Kapadia
	 	 	Title:   Authorized Signatory

 

[Signature
Page – Acknowledgement to NCI ABL/Term Loan Intercreditor Agreement]

 

     

     

    

 

ACKNOWLEDGMENT

 

Each Credit Party hereby
acknowledges that it has received a copy of this Agreement and consents thereto, agrees to recognize all rights granted thereby
to the ABL Agent, the ABL Secured Parties, the Term Loan Agent, the Term Loan Secured Parties, any Additional Agent and any Additional
Secured Parties and will not do any act or perform any obligation which is not in accordance with the agreements set forth in this
Agreement.

 

CREDIT PARTIES:

 

	 	NCI BUILDING SYSTEMS, INC.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	NCI GROUP, INC.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	ROBERTSON-CECO II CORPORATION
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	STEELBUILDING.COM, LLC
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer

  

[Signature
Page – Acknowledgment to NCI ABL/Term Loan Intercreditor Agreement]

 

     

     

    

 

	 	CENTRIA
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	CENTRIA, INC.
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer
	 	 	 	 
	 	CENTRIA SERVICES GROUP, LLC
	 	 	 	 
	 	By:	/s/ Mark E. Johnson 
	 	 	Name: 	Mark E. Johnson
	 	 	Title:	Executive Vice President, Chief Financial Officer and Treasurer

 

[Signature
Page – Acknowledgment to NCI ABL/Term Loan Intercreditor Agreement]

 

     

     

    

 

EXHIBIT A

 

ADDITIONAL INDEBTEDNESS
DESIGNATION

 

DESIGNATION dated as
of _______ __, 20__, by NCI BUILDING SYSTEMS, INC. (the “Company”). Capitalized terms used herein and not otherwise
defined herein shall have the meaning specified in the Intercreditor Agreement, entered into as of February 8, 2018 (as amended,
supplemented, waived or otherwise modified from time to time, the “Intercreditor Agreement”), between Wells
Fargo Bank, National Association, as collateral agent (together with its successors and assigns in such capacity from time to time,
and as further defined in the Intercreditor Agreement, the “ABL Agent”) for the ABL Secured Parties, and Credit
Suisse AG, Cayman Islands Branch, as collateral agent (together with its successors and assigns in such capacity from time to time,
and as further defined in the Intercreditor Agreement, the “Term Loan Agent”) for the Term Loan Secured Parties.1
Capitalized terms used herein and not otherwise defined herein shall have the meaning specified in the Intercreditor Agreement.

 

Reference is made to
that certain [insert name of Additional Credit Facility], dated as of _______ __, 20__ (the “Additional Credit Facility”),
among [list any applicable Credit Party], [list Additional Secured Parties] [and Additional Agent, as agent (the “Additional
Agent”)].2

 

Section 7.11 of
the Intercreditor Agreement permits the Company to designate Additional Indebtedness under the Intercreditor Agreement. Accordingly:

 

Section 1. Representations
and Warranties. The Company hereby represents and warrants to the ABL Agent, the Term Loan Agent and any Additional Agent that:

 

(1)         the
Additional Indebtedness incurred or to be incurred under the Additional Credit Facility constitutes “Additional Indebtedness”
which complies with the definition of such term in the Intercreditor Agreement; and

 

(2)         all
conditions set forth in Section 7.11 of the Intercreditor Agreement with respect to the Additional Indebtedness have been
satisfied.

 

Section 2. Designation
of Additional Indebtedness. The Company hereby designates such Additional Indebtedness as Additional Indebtedness and as Additional
[ABL] / [Term] Indebtedness under the Intercreditor Agreement.

 

 

	1	Revise as appropriate to refer to any successor ABL Agent or Term Loan Agent and to add reference
to any previously added Additional Agent.

 

		2	Revise as appropriate to refer to the relevant Additional Credit Facility, Additional Secured Parties
and any Additional Agent.

 

     

     

    

 

IN WITNESS WHEREOF, the
undersigned has caused this Designation to be duly executed by its duly authorized officer or other representative, all as of the
day and year first above written.

 

	 	NCI BUILDING SYSTEMS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

[Signature
Page – Acknowledgment to NCI ABL/Term Loan Intercreditor Agreement]

 

     

     

    

 

EXHIBIT B

 

ADDITIONAL INDEBTEDNESS
JOINDER

 

JOINDER, dated as of
_______________, 20__, among NCI BUILDING SYSTEMS, INC. (the “Company”), Wells Fargo Bank, National Association,
as collateral agent (together with its successors and assigns in such capacity from time to time, and as further defined in the
Intercreditor Agreement, the “ABL Agent”)3
for the ABL Secured Parties, Credit Suisse AG, Cayman Islands Branch, as collateral agent (together with its successors and assigns
in such capacity from time to time, and as further defined in the Intercreditor Agreement, the “Term Loan Agent”)4
for the Term Loan Secured Parties, [list any previously added Additional Agent] [and insert name of each Additional Agent under
any Additional Credit Facility being added hereby as party] and any successors or assigns thereof, to the Intercreditor Agreement,
dated as of February 8, 2018 (as amended, supplemented, waived or otherwise modified from time to time, the “Intercreditor
Agreement”), among the ABL Agent, [and] the Term Loan Agent [and (list any previously added Additional Agent)]. Capitalized
terms used herein and not otherwise defined herein shall have the meaning specified in the Intercreditor Agreement.

 

Reference is made to
that certain [insert name of Additional Credit Facility], dated as of _______ __, 20__ (the “Additional Credit Facility”),
among [list any applicable Credit Party], [list any applicable Additional Secured Parties (the “Joining Additional Secured
Parties”)] [and insert name of each applicable Additional Agent (the “Joining Additional Agent”)].5

 

Section 7.11 of the Intercreditor
Agreement permits the Company to designate Additional Indebtedness under the Intercreditor Agreement. The Company has so designated
Additional Indebtedness incurred or to be incurred under the Additional Credit Facility as Additional Indebtedness and as Additional
[ABL] [Term] Indebtedness by means of an Additional Indebtedness Designation.

 

Accordingly, [the Joining
Additional Agent, on behalf of itself and the Joining Additional Secured Parties,]6
hereby agrees with the ABL Agent, the Term Loan Agent and any other Additional Agent party to the Intercreditor Agreement as follows:

 

Section 1. Agreement
to be Bound. The [Joining Additional Agent, on behalf of itself and the Joining Additional Secured Parties,]7
hereby agrees to be bound by the terms and provisions of the Intercreditor Agreement and shall, as of the Additional Effective
Date with respect to the Additional Credit Facility, be deemed to be a party to the Intercreditor Agreement.

 

 

		3	Revise as appropriate to refer to any successor ABL Agent.

 

		4	Revise as appropriate to refer to any successor Term
Loan Agent.

 

		5	Revise as appropriate to refer to the relevant Additional Credit Facility, Additional Secured Parties
and any Additional Agent.

 

		6	Revise as appropriate to refer to any Additional Agent being added hereby and any Additional Secured
Parties represented thereby.

 

		7	Revise references throughout as appropriate to refer to the party or parties being added.

  

     

     

    

 

Exhibit B

Page 2

 

Section 2. Recognition
of Claims. (a) The ABL Agent (on behalf of itself and the ABL Secured Parties), the Term Loan Agent (on behalf
of itself and the Term Loan Secured Parties) and [each of] the Additional Agent[s] (on behalf of itself and any Additional Secured
Parties represented thereby) hereby agree that the interests of the respective Secured Parties in the Liens granted to the ABL
Agent, the Term Loan Agent, or any Additional Agent, as applicable, under the applicable Credit Documents shall be treated, as
among the Secured Parties, as having the priorities provided for in Section 2.1 of the Intercreditor Agreement, and shall
at all times be allocated among the Secured Parties as provided therein regardless of any claim or defense (including any claims
under the fraudulent transfer, preference or similar avoidance provisions of applicable bankruptcy, insolvency or other laws affecting
the rights of creditors generally) to which the ABL Agent, the Term Loan Agent, any Additional Agent or any Secured Party may be
entitled or subject. The ABL Agent (on behalf of itself and the ABL Secured Parties), the Term Loan Agent (on behalf of itself
and the Term Loan Secured Parties), and any Additional Agent party to the Intercreditor Agreement (on behalf of itself and any
Additional Secured Parties represented thereby) (a) recognize the existence and validity of the Additional Obligations
represented by the Additional Credit Facility, and (b) agree to refrain from making or asserting any claim that the
Additional Credit Facility or other applicable Additional Documents are invalid or not enforceable in accordance with their terms
as a result of the circumstances surrounding the incurrence of such obligations. The [Joining Additional Agent (on behalf of itself
and the Joining Additional Secured Parties] (a) recognize[s] the existence and validity of the ABL Obligations, the
existence and validity of the Term Loan Obligations [and the existence and validity of the Additional Obligations]8
and (b) agree[s] to refrain from making or asserting any claim that the ABL Credit Agreement, the Term Loan Credit
Agreement, the other ABL Documents or Term Loan Documents or the Additional Credit Facility or the Additional Documents]9,
as the case may be, are invalid or not enforceable in accordance with their terms as a result of the circumstances surrounding
the incurrence of such obligations.

 

Section 3. Notices.
Notices and other communications provided for under the Intercreditor Agreement to be provided to [the Joining Additional Agent]
shall be sent to the address set forth on Annex 1 attached hereto (until notice of a change thereof is delivered as provided
in Section 7.5 of the Intercreditor Agreement).

 

Section 4. Miscellaneous.
THIS JOINDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, WITHOUT
GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE
BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 

[Add Signatures]

 

 

		8	Add reference to any previously added Additional Obligations
as appropriate.

 

		9	Add reference to any previously added Additional Credit Facility and related Additional Documents
as appropriate.

  

     

     

    

 

EXHIBIT C

 

[ABL CREDIT AGREEMENT][TERM
LOAN CREDIT AGREEMENT][ADDITIONAL CREDIT FACILITY] JOINDER

 

JOINDER, dated as of
_______________, 20__, among Wells Fargo Bank, National Association, as collateral agent (together with its successors and assigns
in such capacity from time to time, and as further defined in the Intercreditor Agreement, the “ABL Agent”)10
for the ABL Secured Parties, Credit Suisse AG, Cayman Islands Branch, as collateral
agent (together with its successors and assigns in such capacity from time to time, and as further defined in the Intercreditor
Agreement, the “Term Loan Agent”)11
for the Term Loan Secured Parties, [list any previously added Additional Agent] [and insert name of additional Term Loan Secured
Parties, Term Loan Agent, ABL Secured Parties or ABL Agent, as applicable, being added hereby as party] and any successors or assigns
thereof, to the Intercreditor Agreement, dated as of February 8, 2018 (as amended, supplemented, waived or otherwise modified from
time to time, the “Intercreditor Agreement”), among the ABL Agent12,
[and] the Term Loan Agent13 [and
(list any previously added Additional Agent)]. Capitalized terms used herein and not otherwise defined herein shall have the meaning
specified in the Intercreditor Agreement.

 

Reference is made to
that certain [insert name of new facility], dated as of _______ __, 20__ (the “Joining [ABL Credit Agreement][Term Loan
Credit Agreement][Additional Credit Facility]”), among [list any applicable Credit Party], [list any applicable new ABL
Secured Parties, Term Loan Secured Parties or Additional Secured Parties, as applicable (the “Joining [ABL Secured Parties][Term
Loan Secured Parties][Additional Secured Parties]”)] [and insert name of each applicable Agent (the “Joining
[ABL][Term Loan][Additional] Agent”)].14

 

The Joining [ABL][Term
Loan][Additional] Agent, on behalf of itself and the Joining [ABL Secured Parties][Term Loan Secured Parties][Additional Secured
Parties],15 hereby agrees with the
Company and the other Grantors, the [ABL][ Term Loan][Additional] Agent and any other Additional Agent party to the Intercreditor
Agreement as follows:

 

Section 1. Agreement
to be Bound.16 The Joining [ABL][Term
Loan][Additional] Agent, on behalf of itself and the Joining [ABL Secured Parties][Term Loan Secured Parties][Additional Secured
Parties], hereby agrees to be bound by the terms and provisions of the Intercreditor Agreement and shall, as of the date hereof,
be deemed to be a party to the Intercreditor Agreement as [the][a] [ABL] [Term Loan] [Additional] Agent. As of the date hereof,
the Joining [ABL Credit Agreement][Term Loan Credit Agreement][Additional Credit Facility] shall be deemed [the][a] [ABL Credit
Agreement] [Term Loan Credit Agreement] [Additional Credit Facility] under the Intercreditor Agreement, and the obligations thereunder
are subject to the terms and provisions of the Intercreditor Agreement.

 

 

		10	Revise as appropriate to refer to any successor ABL Agent.

 

		11	Revise as appropriate to refer to any successor Term
Loan Agent.

 

		12	Revise as appropriate to describe predecessor ABL Agent or ABL Secured Parties, if joinder is for
a new ABL Credit Agreement.

 

		13	Revise as appropriate to describe predecessor Term Loan Agent or Term Loan Secured Parties, if
joinder is for a new Term Loan Credit Agreement.

 

		14	Revise as appropriate to refer to the new credit facility,
Secured Parties and Agents.

 

		15	Revise as appropriate to refer to any Agent being added hereby and any Secured Parties represented
thereby.

 

		16	Revise references throughout as appropriate to refer
to the party or parties being added.

 

     

     

    

 

Exhibit C

Page 2

 

Section 2. Notices.
Notices and other communications provided for under the Intercreditor Agreement to be provided to the Joining [ABL] [Term Loan]
[Additional] Agent shall be sent to the address set forth on Annex 1 attached hereto (until notice of a change thereof is
delivered as provided in Section 7.5 of the Intercreditor Agreement).

 

Section 3. Miscellaneous.
THIS JOINDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK, WITHOUT
GIVING EFFECT TO ITS PRINCIPLES OR RULES OF CONFLICT OF LAWS TO THE EXTENT SUCH PRINCIPLES OR RULES ARE NOT MANDATORILY APPLICABLE
BY STATUTE AND WOULD REQUIRE OR PERMIT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

 

[ADD SIGNATURES]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00279-of-00352.parquet"}]]