Document:

EX-10.11

 Exhibit 10.11 

Confidential 
 DIRECTOR
DESIGNATION AGREEMENT 
 This Director Designation Agreement (this “Agreement”) is made as of [●], 2020, by and
among Leslie’s, Inc., a Delaware corporation (the “Company”), Bubbles Investor Aggregator, L.P., a Delaware limited partnership (“Bubbles”), and each other Person that becomes party to this Agreement after the
date hereof in accordance with the terms hereof as an Bubbles Investor Holder Party. 
 WHEREAS, on
[            ], 2020, the Registration Statement on Form S-1 (File No. 333-249372) relating to
the initial public offering of the Company (the “IPO”) was declared effective by the U.S. Securities and Exchange Commission (the “SEC”); 

WHEREAS, on the date hereof, the Company consummated the IPO of
[            ] shares of common stock, par value $0.001 per share (the “Company Common Shares”); 

WHEREAS, (a) immediately after giving effect to the IPO on the date hereof, Bubbles Holdings, L.P., a Delaware limited partnership
(“Bubbles Holdings”) and immediately prior to the IPO the owner of all of the issued and outstanding equity securities of the Company, is the record and beneficial owner of
[            ] Company Common Shares, and (b) on the date hereof, Bubbles Holdings distributed all of the Company Common Shares referenced in clause (a) to its limited
partners, including Bubbles, and after giving effect to such distribution Bubbles is the beneficial owner of [            ] Company Common Shares; 

WHEREAS, as of the date hereof, Marc Magliacano is a Class III director of the board of directors of the Company (the
“Company Board”) and Matthew Lischick is a Class II director of the Company Board (collectively, the “Initial Bubbles Designees”); and 

WHEREAS, parties hereto desire to enter into this Agreement to set forth certain covenants and agreements with respect to the Company
Board and certain other governance matters with respect to the Company, in each case, on the terms and subject to the conditions contained in this Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 

Section 1.    Bubbles Directors. 

(a)    Upon the terms and subject to the conditions of this Agreement, from and after the date hereof, the
Company will take all necessary and desirable actions (including calling meetings of the Company Board and the shareholders and recommending, supporting and soliciting proxies), such that: 

(i)    for so long as the Bubbles Investor Holders, in the aggregate, beneficially own at least 15.00% or
more of the issued and outstanding Company Common Shares, (A) the Majority Bubbles Investor Holders shall have the right, but not the obligation, to designate (x) one individual to be appointed or nominated, as the case may be, as a
Class III director of the Company Board and one (1) 

 
individual to be appointed or nominated, as the case may be, as a Class II director of the Company Board or (y) if the Company Board does not contain classes, two (2) individuals
to be appointed or nominated, as the case may be, as directors of the Company Board, and (B) any individual so designated by the Majority Bubbles Investor Holders shall be appointed or nominated, as applicable, to the Company Board in
accordance with clause (A); and 
 (ii)    from and after the time at which the ownership threshold set
forth in clause (i) of this Section 1(a) is no longer satisfied and for so long as the Bubbles Investor Holders, in the aggregate, beneficially own at least 5.00% of the issued and outstanding Company Common Shares,
(A) the Majority Bubbles Investor Holders shall have the right, but not the obligation, to designate one individual to be appointed or nominated, as the case may be, as a Class III director of the Company Board or, if the Company Board
does not contain classes, as a director of the Company Board and (B) any individual so designated by the Majority Bubbles Investor Holders shall be appointed or nominated, as applicable, to the Company Board in accordance with clause (A). 

(b)    If (i) a vacancy on the Company Board occurs because of the death, disability,
disqualification, resignation, or removal by the Majority Bubbles Investor Holders of any Bubbles Director, (ii) any Bubbles Director ceases to be on the Company Board for any other reason (including, for the avoidance of doubt, due to any
Bubbles Director not being nominated or elected as a director at an annual meeting of shareholders of the Company) or (iii) the Majority Bubbles Investor Holders have not, as of any determination time, designated an individual to a director
position that it is entitled to designate pursuant to Section 1(a), then the Majority Bubbles Investor Holders shall, so long as the Majority Bubbles Investor Holders are entitled to designate an individual to such director
position for appointment or nomination, as applicable, pursuant to Section 1(a), be entitled to designate an individual to fill such director position by giving written notice to the Company, and the Company shall, within
ten (10) days of such designation, take all necessary and desirable actions (including the removal of any director serving in such director positon) so that such director position is filled with such individual designated in writing pursuant to
this Section 1(a) within such ten (10) day period. Notwithstanding anything to the contrary in this Agreement or the governing documents of the Company (including the Company’s articles of incorporation and by-laws) and without limiting the generality of any other rights of the Majority Bubbles Investors Holders herein, (A) subject to Section 1(c), neither the Company Board nor any other
Person (other than the Majority Bubbles Investor Holders pursuant to this Section 1(c)) may appoint, elect or designate any individual to fill any such director position described in the preceding sentence, and (B) the
Majority Bubbles Investor Holders may cause the removal of any Bubbles Director from the Company Board by giving written notice to the Company (either alone or in conjunction with the designation of an individual to fill such director positon), and
the Company shall, within ten (10) days of such designation, take all necessary and desirable actions so that such director is removed from the Company Board, unless the Majority Bubbles Investor Holders condition the removal of such director
upon such director position being filled pursuant to this Section 1(b) or Section 1(c), as applicable, in which case such individual shall be removed concurrently with such director position being
so filled. 

  
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 (c)    If an individual designated by the Majority
Bubbles Investor Holders is not appointed, nominated or elected pursuant to Section 1(a), Section 1(b) or this Section 1(c) because of such individual’s death,
disability, disqualification or withdrawal as a designee or nominee or for any other reason, then the Majority Bubbles Investor Holders shall be entitled to designate a replacement to fill such director position by giving written notice to the
Company, and the Company will, within ten (10) days of such designation, take all necessary and desirable actions so that such director position is filled with such person designated in writing pursuant to this
Section 1(c) within such ten (10) day period. Notwithstanding anything to the contrary in this Agreement or the Governing Documents of the Company, neither the Company Board nor any other Person (other than the
Majority Bubbles Investor Holders pursuant to this Section 1(c)) may appoint, elect or designate any Person to fill any such director position described in the preceding sentence. 

(d)    As promptly as reasonably practicable following the request of any Bubbles Director, the Company
shall enter into an indemnification agreement with such Bubbles Director, in the form entered into with the other members of the Company Board or, if not entered into by other members of the Company Board, a customary form. The Company shall pay the
reasonable, documented and out-of-pocket expenses incurred by each Bubbles Director related to his or her service to the Company, including attending meetings of the
Company Board or any committee or sub-committee thereof or events attended on behalf of the Company or any of its Subsidiaries at the Company’s request. Each Bubbles Director shall be an express third
party beneficiary of this Section 1(d). 
 (e)    The Company shall not amend,
alter or repeal any right to indemnification or exculpation covering or benefiting any Bubbles Director as and to the extent consistent with applicable law, including but not limited to under the Governing Documents of the Company (whether such
right is contained in the Governing Documents of the Company or another document) (except to the extent such amendment or alteration permits the Company to provide broader indemnification or exculpation rights on a retroactive basis than permitted
prior thereto). 
 (f)    Each Bubbles Director may, but is not required to, qualify as
“independent” pursuant to the listing standards of Nasdaq. 
 (g)    Each Bubbles Director will
have the option, in his or her sole discretion, to receive cash in lieu of any Equity Securities as compensation for his or her service as a director, determined based on the arithmetic average of the volume-weighted average price per share of
Company Common Shares for the period of the five (5) consecutive trading days ending on the trading day immediately preceding the date of such payment. 

Section 2.    D&O Insurance. The Company shall, for so long as any director designated pursuant to the
terms of this Agreement serves as a director of the Company Board, maintain directors’ and officers’ liability insurance in an amount determined by the Company Board to be reasonable and customary and that provides coverage with respect to
each such director; provided, 

  
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that upon such director ceasing to serve on the Company Board for any reason, the Company shall take all actions reasonably necessary to extend such directors’ and officers’ liability
insurance coverage for a period of not less than six (6) years from the time at which such director ceases to serve on the Company Board in respect of any act or omission occurring at or prior to such time. 

Section 3.    Definitions and Interpretation. 

(a)    As used herein, the following terms shall have the following meanings: 

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

“beneficially own” has the meaning ascribed to it in Section 13(d) of the Exchange Act. 

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

“Bubbles Directors” means, collectively, the Initial Bubbles Designees and any other individual elected or
appointed to the Board that has been designated by the Majority Bubbles Investor Holders pursuant to this Agreement. For the avoidance of doubt, a decrease in the number of directors that the Majority Bubbles Investor Holders are entitled to
designate pursuant to Section 1(a) shall not affect an individual’s status as a Bubbles Director for purposes of this Agreement or under the Governing Documents of the Company. 

“Bubbles Holdings” has the meaning set forth in the recitals to this Agreement. 

“Bubbles Investor Holders” means, collectively, the Bubbles Persons that beneficially own Company Common
Shares as of any determination time. 
 “Bubbles Investor Holder Party” means, as of any determination time,
any Bubbles Investor Holder that is a party to or bound by this Agreement. 
 “Bubbles Persons” means,
collectively, Bubbles, L Catterton and any Affiliate either of the foregoing. 
 “Bubbles
Representative” means, as applicable, Bubbles or any successor “Bubbles Representative” appointed pursuant to Section 19. 

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

“Company Board” has the meaning set forth in the recitals to this Agreement. 

“Company Common Shares” has the meaning set forth in the recitals to this Agreement. 

  
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 “Company Sale” means an acquisition by any Person or
“group” (as defined in Section 13(d)(3) of the Exchange Act) of any Equity Securities (or beneficial ownership thereof), including rights or options to acquire such ownership, tender or exchange offer, merger, consolidation,
amalgamation, scheme of arrangement, business combination, issuance, recapitalization, restructuring, liquidation, dissolution or other extraordinary transaction with or involving the Company or any of its Affiliates, in each case as a result of
which such Person or “group” would (a) beneficially own securities representing more than 50.00% of the Equity Securities by voting power of the Company or (b) acquire the right to designate, appoint or nominate a majority of the
directors of the Company Board. 
 “Equity Securities” means, as applicable, (a) any capital stock,
membership interests or other share or equity capital, (b) any securities directly or indirectly convertible into or exchangeable for any capital stock, membership interests or other share or equity capital or containing any profit
participation features, (c) any rights or options directly or indirectly to subscribe for or to purchase any capital stock, membership interests, other share or equity capital or securities containing any profit participation features or to
subscribe for or to purchase any securities directly or indirectly convertible into or exchangeable for any capital stock, membership interests, other share or equity capital or securities containing any profit participation features, (d) any
share appreciation rights, phantom share rights or other similar rights, or (e) any Equity Securities issued or issuable with respect to the securities referred to in clauses (a) through (d) above in connection with a combination of
shares, recapitalization, merger, consolidation or other reorganization. 
 “Initial Bubbles Designees” has
the meaning set forth in the recitals to this Agreement. 
 “IPO” has the meaning set forth in the recitals
to this Agreement. 
 “L Catterton” means Catterton Management Company, L.L.C., a Delaware
limited liability company. 
 “Majority Bubbles Investor Holders” means, as of any determination time, the
Bubbles Investor Holders that beneficially own a majority of the Company Common Shares beneficially owned by all of the Bubbles Investor Holders as of such time. 

“Nasdaq” means The NASDAQ Stock Market LLC, or any successor thereto. 

“Person” means an individual, partnership, corporation, limited liability company, joint stock company,
unincorporated organization or association, trust, joint venture, association or other similar entity, whether or not a legal entity. 

“Representative” means, with respect to any Person, his, her or its directors, officers, employees, agents,
advisors and other representatives. 
 “SEC” has the meaning set forth in the recitals to this Agreement.

 (b)    Except as otherwise expressly provided in this Agreement, all references to ownership of the
Company Common Shares in this Agreement (including any reference to 

  
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the issued and outstanding Company Common Shares) shall mean the Company Common Shares determined based on the number of issued and outstanding Common Shares as of any determination time
(including, for the avoidance of doubt, any Company Common Shares acquired by the Bubbles Investor Holders after the date hereof) and, for the avoidance of doubt, on a non-fully diluted basis (e.g., without
taking into account any Equity Securities of the type described in clauses (b) through (d) of the definition thereof unless and until, in the case of clause (b) and (c), any such Equity Securities are converted into, or exercised or
exchanged for, Company Common Shares). 
 (c)    Unless otherwise indicated to the contrary herein by the
context or use thereof: (i) the words, “herein,” “hereto,” “hereof” and words of similar import refer to this Agreement as a whole, including the Exhibits, and not to any particular section, subsection, paragraph,
subparagraph or clause contained in this Agreement; (ii) masculine gender shall also include the feminine and neutral genders, and vice versa; (iii) words importing the singular shall also include the plural, and vice versa; (iv) the
words “include,” “includes” or “including” shall be deemed to be followed by the words “without limitation”; (v) the word “or” is disjunctive but not necessarily exclusive; (vi) the words
“writing”, “written” and comparable terms refer to printing, typing and other means of reproducing words (including electronic media) in a visible form; (vii) the word “day” means calendar day unless business day
is expressly specified; (viii) the word “extent” in the phrase “to the extent” means the degree to which a subject or other thing extends, and such phrase shall not mean simply “if”; (k) all references to Sections
or Exhibits are to Sections and Exhibits of this Agreement; and (l) all references to any law, contract or agreement will be to such Law, contract or agreement as amended, supplemented or otherwise modified from time to time. 

Section 4.    Assignment; Benefit of Parties; Transfer. None of the parties hereto may assign this Agreement
or any of its rights or obligations hereunder and any assignment hereof will be null and void, except that at or following the date that any Bubbles Person that is not already party to or bound by this Agreement becomes a beneficial owner any
Company Common Shares, such Bubbles Person may become party to this Agreement as a Bubbles Investor Holder Party by executing a joinder agreement, in substantially the form attached hereto as Exhibit A, and the Bubbles Representative as of
any determination may assign its rights under Section 19 to any other Bubbles Investor Holder as provided in Section 19. This Agreement shall be binding upon and shall inure to the benefit of the
parties hereto and their respective successors, legal representatives and assignees for the uses and purposes set forth and referred to herein and, for the avoidance of doubt, any references to the Bubbles Investor Holders shall, as the context
requires, refer to any permitted assignees of the Bubblers Investor Holders’ rights and/or obligations hereunder. 

Section 5.    Remedies. Except as otherwise expressly provided herein, any and all remedies provided herein
will be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party hereto, and the exercise by a party hereto of any one remedy will not preclude the exercise of any other remedy. The parties
hereto agree that irreparable damage for which monetary damages, even if available, would not be an adequate remedy, would occur in the event that the parties hereto do not perform their respective obligations under the provisions of this Agreement
in accordance with their specific terms or otherwise breach such provisions. It is accordingly agreed that the parties hereto shall be entitled to seek an 

  
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injunction or injunctions, specific performance and other equitable relief to prevent breaches or threatened breaches of this Agreement and to enforce specifically the terms and provisions of
this Agreement, in each case without posting a bond or undertaking and without proof of damages and this being in addition to any other remedy to which they are entitled at law or in equity. Each of the parties hereto agrees that it will not oppose
the granting of an injunction, specific performance and other equitable relief when expressly available pursuant to the terms of this Agreement on the basis that the other parties have an adequate remedy at law or an award of specific performance is
not an appropriate remedy for any reason at law or equity. 
 Section 6.    Notices. All notices, requests,
claims, demands and other communications hereunder shall be in writing and shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person, by facsimile (having obtained electronic delivery confirmation thereof), by e-mail (having obtained electronic delivery confirmation thereof), or by registered or certified mail (postage prepaid, return receipt requested) to the other parties hereto as follows: 

 (a)      If to Bubbles or any of the Bubbles Investor Holders party to or bound by this
Agreement, to: 
 c/o Catterton Management Company 

Catterton Management Company L.L.C. 

599 West Putnam Avenue 

Greenwich, CT 06830 

Attention:    Marc Magliacano 

                    Scott Dahnke 

                    Matt Lischick
     
 Facsimile:   (203) 629-4903 

E-mail:        Marc.Magliacano@lcatterton.com 

                    
Scott@lcatterton.com     

                    
Matt.Lischick@lcatterton.com     
 with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York,
NY 10022 
 Attention:    Joshua Kogan, P.C. 

                    Ryan Brissette 

                    Christian Nagler 

Facsimile:   (212) 446-6460 

E-mail:        joshua.kogan@kirkland.com 

                    
ryan.brissette@kirkland.com 

                    
cnagler@kirkland.com 
  (b)      If to the Company, to: 

Leslie’s, Inc. 
 2005 East
Indian School Road 

  
 7 

 Phoenix, AZ 85016 

Attention:    Steve Weddell 

                    Brad
Gazaway     
 Facsimile:   (602) 366-3944 

Email:         sweddell@lesl.com 

                    bgazaway@lesl.com 

with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York,
NY 10022 
 Attention:    Joshua Kogan, P.C. 

                    Ryan Brissette 

                    Christian Nagler 

Facsimile:   (212) 446-6460 

E-mail:        joshua.kogan@kirkland.com 

                    
ryan.brissette@kirkland.com 

                    
cnagler@kirkland.com 
 or to such other address as the party to whom notice is given may have previously furnished to the others in writing in the
manner set forth above. 
 Section 7.    Adjustments. If, and as often as, there are any changes in the
Company Common Shares by way of stock split, stock dividend, combination or reclassification, or through merger, consolidation, reorganization, recapitalization or sale, or by any other means, appropriate adjustment shall be made in the provisions
of this Agreement, as may be required, so that the rights, privileges, duties and obligations hereunder shall continue with respect to the Company Common Shares as so changed. 

Section 8.    No Strict Construction. The language used in this Agreement shall be deemed to be the language
chosen by the parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any party hereto. 

Section 9.    No Third-Party Beneficiaries. Nothing in this Agreement, express or implied, is intended or
shall be construed to confer upon, or give to, any Person other than the parties hereto and their respective successors and assigns any remedy or claim under or by reason of this Agreement or any terms, covenants or conditions hereof, and all of the
terms, covenants, conditions, promises and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything to the contrary in this
Agreement, (a) each Bubbles Director shall be an express third-party beneficiary of the provisions set forth in Section 1(d), Section 1(g) and Section 2 and
(b) each Bubbles Investor Holder who is not a Bubbles Investor Holder Party shall be an express third-party beneficiary of the provisions set forth in Section 1. 

  
 8 

 Section 10.    Further Assurances. Each of the parties
hereto hereby agrees that it will, upon request of the Company (in the case of an Bubbles Investor Holder Party) and upon request of the Bubbles Representative (in the case of the Company) and without any consideration, hereafter execute and deliver
any further documents, agreements, instruments of assignment, transfer or conveyance and take such further actions as may be necessary or desirable to effectuate the purposes hereof. 

Section 11.    Expenses. Except as otherwise expressly set forth herein, each of the parties hereto hereby
agrees that each party hereto shall bear any fees and expenses incurred by or on behalf of, or paid or payable by, such party as a result of or in connection with this Agreement. 

Section 12.    Counterparts. This Agreement may be executed in one or more counterparts, each of which shall
be deemed to be an original, but all of which shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this Agreement by facsimile, e-mail, or scanned pages shall
be effective as delivery of a manually executed counterpart to this Agreement. 
 Section 13.    Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without giving effect to any choice of law or conflict of law provisions or rule (whether of the State of Delaware or any other
jurisdiction) that would cause the application of the law of any jurisdiction other than the State of Delaware. 

Section 14.    Jurisdiction; Venue; Waiver of Jury Trial. 

(a)    Each of the parties hereto irrevocably and unconditionally submits to the exclusive jurisdiction of
the Chancery Court of the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction, the Delaware Superior Court or, if the Delaware Superior Court declines to accept jurisdiction, any state or federal
court within the County of New York in the State of New York), for the purposes of any action, claim or other proceeding arising out of or related to this Agreement, and irrevocably and unconditionally waives any objection to the laying of venue of
any such action. claim or other proceeding in any such court, and further irrevocably and unconditionally waives and agrees not to plead or claim in any such court or other forum that any such action, claim or other proceeding has been brought in an
inconvenient forum. Each party hereto agrees that service of any process, summons, notice or document by registered mail to such party’s respective address set forth in Section 6 shall be effective service of process
for any such action, claim or other proceeding. 
 (b)    EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, CLAIM OR OTHER PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF
THE PARTIES IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED THERETO. EACH PARTY HERETO (I) CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE
EVENT OF 

  
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ANY ACTION, CLAIM OR OTHER PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER AND (II) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 14(B). 

Section 15.    Complete Agreement; Inconsistent Agreements. This Agreement represents the complete agreement
between the parties hereto as to all matters covered hereby, and, subject to the second to last sentence of this Section 15, supersedes any prior agreements or understandings between the parties. In the event of any
conflict between the terms of this Agreement, on the one hand, and the Governing Documents of the Company, on the other hand, the terms of this Agreement shall govern and control. 

Section 16.    Severability. Whenever possible, each provision of this Agreement will be interpreted in such a
manner as to be effective and valid under applicable Law, but if any term or other provision of this Agreement is held to be invalid, illegal or unenforceable under applicable law, all other provisions of this Agreement shall remain in full force
and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party hereto. Upon such determination that any term or other provision of this Agreement is
invalid, illegal or unenforceable under applicable law, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible in an acceptable manner in order that
the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. 

Section 17.    Amendment and Waiver. Except as otherwise provided herein, (a) no waiver of any provision
of this Agreement shall be effective against any party hereto unless such waiver is approved in writing by such party and (b) no modification or amendment of any provision of this Agreement shall be effective against any party hereto unless
such modification or amendment is approved in writing by the Company and the Bubbles Representative. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall
not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 

Section 18.    Termination. This Agreement shall terminate, and be of no further force and effect, upon the
earliest to occur of: (a) the submission of a written notice of termination by the Bubbles Representative to the Company; (b) the consummation of a Company Sale; and (c) mutual written consent of the Company and the Bubbles
Representative. Notwithstanding the foregoing, Sections 1(d), 1(e), 1(g), 5, 6, 8, 9, 13, 14, 16, 17 and 19 (and any Definitions to the extent related to any of the foregoing sections) shall survive any termination of this Agreement. 

Section 19.    Ability to Act on Behalf of the Bubbles Investor Holders. 

(a)    The parties hereto acknowledge and agree that Bubbles Representative is hereby appointed, authorized
and empowered to act as the representative of the Bubbles Investor Holders and as the exclusive agent, proxy and attorney-in-fact for the Bubbles Investor Holders for
all purposes of this Agreement (including the full power and authority on behalf of the Bubbles Investor 

  
 10 

 
Holders, as well as the Majority Bubbles Investor Holders, as applicable, (i) to execute and deliver any consents and other documents contemplated by this Agreement and any and all
supplements, amendments, waivers or modification thereto, and otherwise to consummate the transactions contemplated herein and therein, (ii) to execute and deliver any amendment or waiver hereto or to any other agreement contemplated hereunder,
(iii) to dispute, compromise, settle and pay any actions, claims or other proceeding arising out of or related to this Agreement and (iv) to do each and every act and exercise any and all rights which the Bubbles Investor Holders or the
Majority Bubbles Investor Holders are permitted or required to do or exercise under this Agreement). 

(b)    Bubbles shall serve as the initial Bubbles Representative until it assigns its rights and
obligations hereunder as the Bubbles Representative to another Bubbles Investor Holder Party. All power, authority, rights, privileges and obligations conferred in this Agreement to a Bubbles Representative shall apply to any successor Bubbles
Representative. The Bubbles Representative shall promptly notify the Company in writing upon any change in the identity of the Bubbles Representative. The Company shall be entitled to treat Bubbles (or any successor Bubbles Representative of which
the Company has received notice in accordance with the preceding sentence) as the Bubbles Representative until the Company has received the notice described in the preceding sentence. 

(c)    The appointment of the Bubbles Representative by each Bubbles Investor Holder is coupled with an
interest and may not be revoked in whole or in part (including upon the death or incapacity of the Bubbles Representative). Such appointment shall be binding upon the heirs, executors, administrators, estates, personal representatives, officers,
managers, successors and assigns of each Bubbles Investor Holder. All decisions of the Bubbles Representative shall be final and binding on all of the Bubbles Investor Holders, and no Bubbles Investor Holder shall have the right to object, dissent,
protest or otherwise contest the same. The Company shall be entitled to rely upon, without independent investigation, any act, notice, instruction or communication from the Bubbles Representative and any document executed by the Bubbles
Representative on behalf of the Bubbles Investor Holders or Majority Bubbles Investor Holders, and the Company shall be fully protected in connection with any action or inaction taken or omitted to be taken in reliance thereon. 

[SIGNATURE PAGES FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the day and year
first written above. 
  

	
	COMPANY:
	
	LESLIE’S, INC.
	
	 By:

	Name:
	Title:
	
	BUBBLES:
	
	BUBBLES INVESTOR AGGREGATOR, L.P.
	
	By: C8 Management, L.L.C.
	Its: General Partner
	
	 By:

	Name:
	Title:

 [Signature Page to Director Designation Agreement] 

 Exhibit A 

Form of Joinder Agreement 

[To Come]EX-10.13

 Exhibit 10.13 

EXECUTION VERSION 

INCREMENTAL AMENDMENT NO. 1 

INCREMENTAL AMENDMENT NO. 1, dated as of January 26, 2017 (this “Amendment”), among Leslie’s Poolmart, Inc., a Delaware
corporation (the “Borrower”), Leslie’s Holdings, Inc., a Delaware corporation (“Holdings”), each of the other Guarantors listed on the signature pages hereto, Nomura Corporate Funding Americas, LLC, as
administrative agent (in such capacity, the “Administrative Agent”) and the Amendment No. 1 Incremental Lender (as defined below) to the Term Loan Credit Agreement, dated as of August 16, 2016 (as amended, supplemented, or
otherwise modified from time to time prior to the date hereof, the “Credit Agreement”). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement. 

WHEREAS, the Borrower has hereby notified the Administrative Agent pursuant to Section 2.18(1) of the Credit Agreement, that it is
requesting the establishment of an Incremental Facility; 
 WHEREAS, pursuant to Section 2.18(5) of the Credit Agreement, the Borrower
may obtain Incremental Term Loans in respect of any Incremental Facility by, among other things, entering into one or more Incremental Facility Amendments in accordance with the terms and conditions of the Credit Agreement; 

WHEREAS, the Borrower has requested that (a) the Person set forth on Schedule I hereto (the “Amendment
No. 1 Incremental Lender”) make Incremental Term Loans to the Borrower in a single drawing on the Amendment No. 1 Effective Date (as defined below) in the aggregate principal amount of $50,000,000 under an
Incremental Facility (the “Amendment No.1 Incremental Facility” and the loans thereunder, the “Amendment No. 1 Incremental Term Loans”), which will be used by the Borrower to (i) pay a
portion of the purchase price due under that certain Agreement and Plan of Merger, dated as of January 13, 2017, by and among Bubbles Buyer, Inc. (“Bubble Buyer”), Bubbles Merger Sub, Inc. (“Bubble Merger Sub”) and
Holdings (the “Acquisition Agreement”) and (ii) pay related fees and expenses in connection therewith (together, with the establishment of the Amendment No. 1 Incremental Facility and the effectiveness of Section 1 of
this Amendment, the “Amendment No. 1 Transactions”), and (b) after giving effect to the funding of the Amendment No. 1 Incremental Term Loans on the Amendment No. 1 Effective Date, the Credit
Agreement will be amended as set forth herein; 
 WHEREAS, the Amendment No. 1 Incremental Term Loans shall form part of the same
Class of Term Loans as the Tranche B Term Loans outstanding under the Credit Agreement immediately prior to the effectiveness of Section 1 of this Amendment on the Amendment No. 1 Effective Date (the “Original First Lien Term
Loans”); 
 WHEREAS, (i) this Amendment shall constitute an “Incremental Facility Amendment” as set forth in
Section 2.18(5) of the Credit Agreement, (ii) the Amendment No. 1 Incremental Lender shall constitute a “Lender” under the Credit Agreement, (iii) the Amendment No. 1 Incremental Facility shall constitute an
“Incremental Facility” under the Credit Agreement, and (iv) the Amendment No. 1 Incremental Term Loan shall be an “Incremental Term Loan” and a “Tranche B Term Loan” for all purposes of this Amendment, the
Credit Agreement and the other Loan Documents; and 

 WHEREAS, subject to the satisfaction of the conditions set forth in Section 3 of this
Amendment, the Amendment No. 1 Incremental Lender will make the Amendment No. 1 Incremental Term Loan to the Borrower in the amount set forth on Schedule I to this mendment on the Amendment No. 1 Effective Date; 

NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 

Section 1. Amendments to the Credit Agreement. 

Effective as of the Amendment No. 1 Effective Date, the Credit Agreement is hereby amended as follows: 

(a) The following defined terms shall be added to Section 1.01 of the Credit Agreement in alphabetical order: 

“Acquisition Agreement” has the meaning assigned to such term in Amendment No. 1. 

“Amendment No. 1” means that certain Incremental Amendment No. 1, dated as of January
26, 2017, to this Agreement. 
 “Amendment No. 1 Arranger” means Nomura Securities
International, Inc., as sole lead arranger and sole bookrunner for Amendment No. 1. 
 “Amendment
No. 1 Acquisition” means the merger of Bubble Merger Sub, Inc. with and into Holdings pursuant to the Acquisition Agreement. 

“Amendment No. 1 Effective Date” means the date on which all conditions precedent set forth
in Section 3(b) of Amendment No. 1 are satisfied. 
 “Amendment No. 1 Incremental
Facility” means the amount of each Amendment No. 1 Incremental Lender’s commitment on the Amendment No. 1 Effective Date in respect of Amendment No. 1 Incremental Term Loans as set forth on Schedule I of Amendment
No. 1. The amount of the Amendment No. 1 Incremental Facility is $50,000,000. 
 “Amendment
No. 1 Incremental Lender” means the Person identified on Schedule I to Amendment No. 1. 

“Amendment No. 1 Incremental Term Loans” means the Incremental Term Loans funded on the
Amendment No. 1 Effective Date. 

  
 -2- 

 “Amendment No. 1 Transactions” means the
establishment of the Amendment No. 1 Incremental Facility, the distribution of the net proceeds of the Amendment No. 1 Incremental Facility to or as directed by Holdings to pay a portion of the consideration in the Amendment No. 1
Acquisition, the consummation of the Amendment No. 1 Acquisition and the payment of related fees and expenses in connection therewith. 

(b) The definition of “Arranger” in Section 1.01 of the Credit Agreement is hereby amended by adding “(including in its
capacity as Amendment No. 1 Arranger)” at the end of such definition. 
 (c) The definition of “Loan Documents” in
Section 1.01 of the Credit Agreement is hereby amended by adding “, Amendment No. 1”, immediately after “this Agreement” in such definition. 

(d) The definition of “Tranche B Term Loan Commitments” in Section 1.01 of the Credit Agreement is hereby amended and restated
in its entirety to read as follows: 
 “Tranche B Term Loan Commitments” means (1) with respect to each Lender on the
Closing Date, the commitment of such Lender to make Tranche B Term Loans as set forth on Schedule 2.01 and (2) with respect to each Amendment No. 1 Incremental Lender on the Amendment No. 1 Effective Date, the commitment of such
Lender to make Amendment No. 1 Incremental Term Loans as set forth on Schedule I to Amendment No. 1. 
 (e) The definition of
“Tranche B Term Loans” in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Tranche B Term Loans” means collectively, the term loans made to the Borrower (1) on the Closing Date pursuant to
Section 2.01(1)(x) and (2) on the Amendment No. 1 Effective Date pursuant to Section 2.01(1)(y). 
 (f)
Section 2.01(1) of the Credit Agreement is hereby amended by adding “(x)” to the beginning thereof. 
 (g) Section 2.01
of the Credit Agreement is hereby amended by adding the following paragraph (y) to such Section: 
 “(y) (i)
Subject to the terms and conditions set forth herein, each Amendment No. 1 Incremental Lender severally agrees to make to the Borrower Amendment No. 1 Incremental Term Loans denominated in Dollars equal to such Amendment No. 1
Incremental Lender’s Tranche B Term Loan Commitment on the Amendment No. 1 Effective Date. 
 (ii) The Amendment
No. 1 Incremental Term Loans shall have the same terms as the Term Loans that were funded on the Closing Date as set forth in this Agreement and the other Loan Documents before giving effect to Amendment No. 1, except as modified by
Amendment No. 1; it being understood that the Amendment No. 1 Incremental Term Loans (and all principal, interest and other amounts in respect thereof) will constitute “Obligations” under this Agreement and the other Loan
Documents and shall have the same rights and obligations under this Agreement and the other Loan Documents as the Term Loans funded on the Closing Date.” 

  
 -3- 

 (h) Section 2.06(1) of the Credit Agreement is hereby amended and restated in its
entirety to read as follows: 
 “(1) The Borrower will repay to the Administrative Agent for the ratable account of the
applicable Lenders with Tranche B Term Loans on the last Business Day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending on or about March 31, 2017, in an amount equal to $2,150,314, which payments will be reduced as a
result of the application of prepayments of Tranche B Term Loans in accordance with the order of priority set forth in Section 2.07 or 2.08, as applicable (each such date referred to as an “Original Term Loan Installment
Date”).” 
 (i) Section 3.10 of the Credit Agreement is hereby amended by adding the following at the end thereof: 

“The Borrower will use the proceeds of the Amendment No. 1 Incremental Term Loans on the Amendment No. 1 Effective Date to
directly or indirectly finance the Amendment No. 1 Transactions.” 
 Section 2. Representations and Warranties.

 Each of Holdings and the Borrower represents and warrants to the Amendment No. 1 Incremental Lenders as of the date hereof that: 

(a) The representations and warranties in the Loan Documents were true and correct in all material respects on and as of the date of the
Acquisition Agreement immediately prior to, and immediately after, the signing of the Acquisition Agreement; provided that, to the extent that such representations and warranties specifically refer to an earlier date, they were true and
correct in all material respects as of such earlier date; provided, further, that any representation and warranty that is qualified as to “materiality”, “Material Adverse Effect” or similar language were true and
correct (after giving effect to any qualification therein) in all respects. 
 (b) No Event of Default had occurred and was continuing on the
date of the Acquisition Agreement or existed immediately after giving effect thereto. 
 Section 3. Conditions to
Effectiveness. 
 (a) The effectiveness of this Amendment (other than Section 1 hereof) shall be subject to the
Administrative Agent’s receipt of (which shall be facsimiles or electronic copies unless otherwise specified) the following: 

  
 -4- 

 (1) executed counterparts of this Amendment executed by the Amendment
No. 1 Incremental Lenders and a Responsible Officer of the Borrower, Holdings and the other Guarantors; 
 (2) a
certificate of a Responsible Officer of the Loan Parties dated the Amendment No. 1 Effective Date and certifying: 
 (i)
that (A) attached thereto is a true and complete copy of the charter or other similar organizational document of such Loan Party, and each amendment thereto, certified (as of a date reasonably near the date hereof) as being a true and correct
copy thereof by the Secretary of State or other applicable Governmental Authority of the jurisdiction in which such Loan Party is organized or (B) there have been no amendments or modifications to the charter or other similar organizational
document of such Loan Party since they were delivered to the Administrative Agent as of a specified date; 
 (ii) that
attached thereto is a true and complete copy of a certificate of the Secretary of State or other applicable Governmental Authority of the jurisdiction in which such Loan Party is organized, dated reasonably near the date hereof, certifying that
(A) if available, such Person has paid all franchise taxes to the date of such certificate and (B) such Person is duly organized and in good standing under the laws of such jurisdiction; 

(iii) that attached thereto is a true and complete copy of resolutions duly adopted by the Board of Directors of such Loan
Party authorizing the execution, delivery and performance of this Amendment or any other document delivered in connection herewith on the date hereof and on the Amendment No. 1 Effective Date and certifying that such resolutions have not been
modified, rescinded or amended and are in full force and effect; and 
 (iv) as to the incumbency and specimen signature of
each Responsible Officer executing the Amendment specified in Section 3(a) (together with a certificate of another officer as to the incumbency and specimen signature of the Responsible Officer executing the certificate pursuant to this
Section 3(b)(1)(iv)); and 
 (3) a customary legal opinion of Kirkland & Ellis LLP, special New York,
California, Texas and Illinois counsel to the Loan Parties. 
 (b) The effectiveness of Section 1 hereof and the
obligation of each Amendment No. 1 Incremental Lender to make its Amendment No. 1 Incremental Term Loans hereunder shall be subject to the satisfaction of the following conditions precedent (the date upon which the conditions contained in
this Section 3(b) shall be satisfied, the 

  
 -5- 

 “Amendment No. 1 Effective Date”) on or
prior to 5:00 p.m., New York City time on February 28, 2017 (such time and date, the “Outside Date”): 
 (1)
The Amendment No. 1 Acquisition (x) shall have been or substantially concurrently with the funding of the Amendment No. 1 Incremental Term Loans shall be consummated in accordance with the Acquisition Agreement without giving effect
to any amendment, change, consent or supplement or waiver by Bubble Buyer or Bubble Merger Sub of any provision thereof in any manner that is materially adverse to the interests of the Amendment No. 1 Incremental Lender without the prior
written consent (not to be unreasonably withheld, delayed or conditioned) of the Amendment No. 1 Incremental Lender and (y) shall constitute a Permitted Change of Control; 

(2) The representations and warranties of Holdings in the Acquisition Agreement that are material to the interests of the
Amendment No. 1 Incremental Lender shall be true and correct as of the Amendment No. 1 Effective Date to the extent that the failure of such representations and warranties to be true and correct would permit Bubble Buyer or Bubble Merger
Sub to terminate the Amendment No. 1 Acquisition or to decline to consummate the Amendment No. 1 Acquisition; 

(3) All Specified Representations shall be true and correct in all material respects on the Amendment No. 1 Effective
Date, except to the extent such Specified Representation specifically refers to an earlier date, in which case it shall be true and correct in all material respects as of such earlier date (in each case, any Specified Representation that is
qualified as to “materiality,” “Material Adverse Effect” or similar language shall be true and correct in all respects) and no Specified Event of Default shall have occurred and be continuing or would exist immediately after
giving effect to the Amendment No. 1 Transactions to occur on the Amendment No. 1 Effective Date; 
 (4) Since the
Balance Sheet Date (as defined in the Acquisition Agreement as in effect on the date hereof) there shall not have occurred a Material Adverse Effect (as defined in the Acquisition Agreement as in effect on the date hereof); 

(5) The Administrative Agent shall have received a solvency certificate signed by the Chief Financial Officer of the Borrower
certifying as to the solvency of the Borrower and its Subsidiaries, on a consolidated basis, on the Amendment No. 1 Effective Date (with the substance of such certificate to be substantially consistent with Exhibit B to the Credit Agreement
mutatis mutandis); 
 (6) All documentation and other information required by regulatory authorities under applicable
“know your customer” and anti-money laundering rules and regulations, as has been reasonably requested in writing by the Administrative Agent at least ten calendar days prior to the Amendment No. 1 Effective Date, will be provided not
later than the date that is three Business Days prior to the Amendment No. 1 Effective Date. 

  
 -6- 

 (7) All fees required to be paid to the Amendment No. 1 Arranger by
Bubble Merger Sub on or prior to the Amendment No. 1 Effective Date shall have been paid and, to the extent invoiced at least two Business Days prior to the Amendment No. 1 Effective Date all expenses required to be paid pursuant to
Section 4 shall have been paid. 
 The Administrative Agent shall notify the Borrower and the Lenders of the Amendment No. 1
Effective Date and such notice shall be conclusive and binding. 
 For the avoidance of doubt, if the Amendment No. 1 Effective Date
does not occur prior to the Outside Date, the Amendment No. 1 Incremental Lender’s obligations hereunder shall terminate. 

Section 4. Expenses. If the Amendment No. 1 Effective Date occurs, the Borrower agrees to
reimburse the Administrative Agent and the Arranger for its reasonable and documented out-of-pocket expenses incurred by them in connection with this Amendment and the Amendment No. 1 Transactions, including the reasonable and documented fees,
charges and disbursements of Cahill Gordon & Reindel LLP, counsel for the Administrative Agent. 

Section 5. Fungibility of Amendment No. 1 Incremental Term Loans. All of the parties hereto agree
that the Amendment No. 1 Incremental Term Loans upon funding, will (i) be an increase in the Term Loans outstanding prior to the Amendment No. 1 Effective Date, (ii) constitute Term Loans for all purposes of the Credit Agreement,
(iii) have the same terms as the Term Loans prior to the Amendment No. 1 Effective Date and (iv) together with the Term Loans outstanding prior to the Amendment No. 1 Effective Date, be treated as one Class of Term Loans.
Unless otherwise required by law, the parties hereto intend to treat the Amendment No. 1 Incremental Term Loans as being fungible with the Term Loans outstanding prior to the Amendment No. 1 Effective Date for U.S. federal income tax
purposes. 
 Section 6. Borrowing Request. All of the parties hereto agree that any Borrowing
Request in respect of the borrowing of the Amendment No. 1 Incremental Term Loans requested under this Amendment may be delivered no later than 2:00 p.m., New York City time, one (1) Business Day before the date of the proposed Borrowing
for such Amendment No. 1 Incremental Term Loans and that the Amendment No. 1 Incremental Term Loans shall initially constitute a pro rata increase in each outstanding Borrowing of Tranche B Term Loans. 

Section 7. Reaffirmation. 

(a) Each Loan Party hereby consents to the execution, delivery and performance of the Amendment and agrees that each reference to the Credit
Agreement in the Loan Documents shall, on and after the Amendment No. 1 Effective Date, be deemed to be a reference to the Credit Agreement, as amended by this Amendment. 

(b) Each Loan Party hereby acknowledges and agrees that, after giving effect to the Amendment, all of its respective obligations and
liabilities under the Loan Documents to which it is a party, as such obligations and liabilities have been amended by the Amendment, are reaffirmed, and remain in full force and effect. 

(c) Each Loan Party hereby irrevocably and unconditionally ratifies such Loan Party’s grant of security interest and pledge under the
Security Documents and each Loan Document and confirms that the liens, security interests and pledges granted thereunder continue to secure the Obligations, including, without limitation, any additional Obligations resulting from or incurred
pursuant to the Credit Agreement, as amended by this Amendment. 

  
 -7- 

 Section 8. Use of Proceeds. The Borrower covenants
and agrees that it will use the proceeds of the Amendment No. 1 Incremental Term Loans to directly or indirectly finance the Amendment No. 1 Transactions. 

Section 9. Counterparts. This Amendment may be executed in any number of counterparts and by different
parties hereto on separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all of which when taken together shall constitute a single instrument. Delivery of an executed counterpart of a signature
page of this Amendment by facsimile transmission or electronic transmission shall be effective as delivery of a manually executed counterpart hereof. 

Section 10. Governing Law and Waiver of Right to Trial by Jury. THIS AMENDMENT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. The jurisdiction and waiver of right to trial by jury provisions in Sections 10.11 and 10.15 of the Credit Agreement are incorporated herein by reference mutatis
mutandis. 
 Section 11. Headings. The headings of this Amendment are for purposes of
reference only and shall not limit or otherwise affect the meaning hereof. 
 Section 12. Effect of Amendment. 

(a) On and after the date hereof, each reference in the Credit Agreement to “this Agreement”, “hereunder”,
“hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of
like import referring to the Credit Agreement, mean and are a reference to the Credit Agreement as modified by this Amendment. This Amendment is a Loan Document executed pursuant to the Credit Agreement and shall be construed, administered and
applied in accordance with the terms and provisions thereof. 
 (b) The Credit Agreement, as specifically amended by this Amendment and each
of the other Loan Documents are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. Without limiting the generality of the foregoing, the Security Documents and all of the Collateral described
therein do and shall continue to secure the payment of all of the respective Obligations of Holdings and the Borrower under the Loan Documents, in each case as the Credit Agreement is amended by this Amendment. 

The execution, delivery and effectiveness of this Amendment does not, except as expressly provided herein, operate as a waiver of any right,
power or remedy of any Lender or the Administrative Agent under any of the Loan Documents nor constitute a waiver of any provision of any of the Loan Documents. 

[Signature Page Follows] 

  
 -8- 

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

			
	 LESLIE’S POOLMART, INC., as the

Borrower

		
	By:	 	 /s/ Steven M. Weddell

		 	Name: Steven M. Weddell
		 	Title: Chief Financial Officer
	
	LESLIE’S HOLDINGS, INC., as Holdings
		
	By:	 	 /s/ Steven M. Weddell

		 	Name: Steven M. Weddell
		 	Title: Chief Financial Officer
	
	 BLACKWOOD & SIMMONS, INC.

CORTZ, INC.

	HOT TUB WORKS, LLC
	 IN THE SWIM HOLDING CORP.
 ITS
HOLDING I CORPORATION
 LPM MANUFACTURING, INC.
 LPM SERVICE,
INC.

	 POOL PARTS, INC.
 POOLCENTER.COM,
INC.

	RAM CHEMICAL & SUPPLY, INC.
	 SANDY’S POOL SUPPLY, INC.
 SPP
HOLDING CORPORATION
 WAREHOUSE POOL SERVICE & CONSTRUCTION, INC.

WAREHOUSE POOL SUPPLY, INC. WAREHOUSE POOLS, INC.

		
	By:	 	 /s/ Steven M. Weddell

		 	Name: Steven M. Weddell
		 	Title: Chief Financial Officer

  
 [SIGNATURE PAGE TO
INCREMENTAL AMENDMENT NO. 1] 

 
			
	NOMURA CORPORATE FUNDING AMERICAS, LLC, as Administrative Agent and Amendment No. 1 Incremental Lender
		
	By:	 	 /s/ Garrett P. Carpenter

		 	Name: Garrett P. Carpenter
		 	Title: Managing Director

  
 [SIGNATURE PAGE TO
INCREMENTAL AMENDMENT NO. 1] 

 SCHEDULE I 

Amendment No. 1 Incremental Term Loans and Commitments 

 

					
	 Amendment No. 1 Incremental Lender
	  	Tranche B Term Loan Commitment of
Amendment No. 1 Incremental Term Loans	 
	 Nomura Corporate Funding Americas, LLC
	  	$	50,000,000	 
		  	  
	  
	 
	 Total
	  	$	50,000,000	 
		  	  
	  
	 

  
 Schedule I

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