Document:

Purchase Agreement - GMX and GSO Capital Partners LP

 Exhibit 10.2 
 EXECUTION COPY 
 GMX RESOURCES INC. 

SENIOR SECURED NOTES SERIES B DUE 2017

 6,757,499 SHARES OF COMMON STOCK, PAR
VALUE $0.001 PER SHARE 
 PURCHASE AGREEMENT 

December 7, 2012 
 The
Purchasers named on the signature page hereto 
 Located at the addresses specified on the signature page hereto 

Ladies and Gentlemen: 
 GMX
Resources Inc., an Oklahoma corporation (the “Company”) proposes, upon the terms and conditions set forth in this agreement (this “Agreement”), to issue and sell to the purchasers named herein (the
“Purchasers”), (i) the aggregate principal amount of its Senior Secured Notes Series B due 2017 (the “Series B Notes”) that is indicated on Schedule 1 hereto and (ii) the aggregate
number of shares of the Company’s common stock, par value $0.001 per share (such purchased shares, the “Purchased Stock” and, collectively with the Series B Notes, the “Securities”), that is
indicated on Schedule 1 hereto. The purchase of the Securities hereunder is to be made as contemplated by a Commitment Agreement, dated as of November 7, 2012 (the “Commitment Agreement”) between the Company and
GSO Capital Partners LP, on behalf of the Purchasers. The Series B Notes (i) are to be issued pursuant to an Indenture, dated as of December 19, 2011 (the “Existing Indenture”), as amended by the First Supplemental
Indenture (“Supplemental Indenture No. 1”) (the Existing Indenture, as so amended, the “Amended Indenture”), to be dated of even date herewith, in each case, entered into among the Company, the
Guarantors (as defined below) party thereto and U.S. Bank National Association, a national banking association, as trustee and collateral agent (in such capacity, the “Trustee”). The Company’s obligations under the
Series B Notes, including the due and punctual payment of interest on the Series B Notes, will be irrevocably and unconditionally guaranteed (the “Note Guarantees”) by the Restricted Subsidiaries of the Company who have
agreed to be guarantors under the Amended Indenture (the “Guarantors”), pursuant to a Notation of Guarantee, each to be dated of even date herewith, by the Guarantors (the “Notation of Guarantee”). As
used herein, the term “Notes” shall include the Note Guarantees, unless the context otherwise requires. This Agreement is to confirm the agreement concerning the purchase of the Series B Notes from the Company by the Purchasers. The
obligations of the Company and the Guarantors under the Amended Indenture and the Series B Notes are also governed by a Security Agreement dated as of December 19, 2011 (the “Security Agreement”) between the Company and
the U.S. Bank National Association, as Collateral Agent (the “Collateral Agent”) and certain other security agreements and mortgages by and between the Company or the Guarantors, as applicable, and the Collateral Agent, of
even date therewith (collectively, the “Security Documents”). The Securities will be subject to Registration Rights Agreements (the “Registration Rights Agreements”) among the Company, the Guarantors
and certain other purchasers of the Securities, of even date herewith. 

  

 A consent solicitation was commenced on November 16, 2012 pursuant to a consent
solicitation statement in which the Company solicited consents from holders of the Company’s outstanding Senior Secured Notes due 2017 (the “Existing Notes”) under the Existing Indenture. The purpose of the Consent
Solicitation Statement (as defined below) was to obtain the consent of the holders of the Existing Notes to certain proposed amendments to the Existing Indenture as set forth in Supplemental Indenture No. 1. 

Collectively, the following are referred to herein as the “Transaction Documents”: (i) this Agreement and
the other purchase agreements dated as of the date hereof relating to the issuance and sale of the Securities pursuant to the Commitment Agreement and the other commitment agreements (collectively, the “Securities Purchase
Agreements” or the “SPAs”), (ii) the Amended Indenture, (iii) Supplemental Indenture No. 1, (iv) the Series B Notes and the associated Note Guarantees, (v) the Registration Rights
Agreements, (vi) the Security Documents and (vii) the Consent Solicitation Statement (including all documents incorporated by reference in the Consent Solicitation Statement). Collectively, the transactions contemplated by the Transaction
Documents (including, without limitation, the use of proceeds therefrom) are referred to herein as the “Transactions”. 
 1. Purchase of the Securities. The Company and the Guarantors jointly and severally hereby agree, on the basis of the representations, warranties, covenants and agreements of the Purchasers
contained herein and subject to all the terms and conditions set forth herein, to issue and sell to the Purchasers and, upon the basis of the representations, warranties and agreements of the Company and the Guarantors herein contained and subject
to all the terms and conditions set forth herein, the Purchasers agree, to purchase from the Company (a) the aggregate principal amount of Series B Notes that is indicated on Schedule 1 hereto for a price in cash equal to 90.333% of the
aggregate principal amount of such Series B Notes, and (b) the aggregate number of shares the Purchased Stock that is indicated on Schedule 1 hereto, for (i) a price per share equal to $0.48 in respect of the aggregate number of
shares that is indicated on Schedule 2 hereto and (ii) a price per share equal to $0.01 in respect of the aggregate number of shares that is listed on Schedule 2 hereto.  

2. Payment for and Delivery of the Securities. Subject to the satisfaction or waiver of the conditions set forth in
Section 6 below, the closing (the “Closing”) of the purchase and sale of the Securities shall occur on the date hereof. The Closing will be held at the offices of Paul, Weiss, Rifkind, Wharton &
Garrison LLP, New York, New York, or at such other location as the Company and the Purchasers may otherwise agree. The date hereof is referred to herein as the “Closing Date.” 

The Series B Notes will be delivered to the Purchasers, or the Trustee as custodian for The Depository Trust Company
(“DTC”), against payment by or on behalf of the Purchasers of the purchase price therefor by wire transfer in immediately available funds, by causing DTC to credit the Series B Notes to the account of the Purchasers at DTC
designated in Annex 1 hereto. The Series B Notes will be evidenced by one or more global securities in definitive form and will be registered in the name of Cede & Co. as nominee of DTC. The Purchased Stock will be delivered to the
Purchasers in certificated form against payment therefor. 

  
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 3. Representations, Warranties and Agreements of the Company and the Guarantors. Each
of the Company and the Guarantors, jointly and severally, represent, warrant and agree, on and as of the date hereof, as follows: 
 (a) The Consent Solicitation Statement, dated November 16, 2012, as supplemented and amended by Supplement No. 1 dated November 28, 2012 (together with the documents incorporated by
reference therein, the “Consent Solicitation Statement”), together with the form of Supplemental Indenture No. 1 attached thereto, this Agreement and the form of Registration Rights Agreements attached hereto as
Exhibit I, (collectively, the “Disclosure Package”), contains all the information specified in, and meeting the requirements of, Rule 144A(d)(4) under the Securities Act of 1933 (the “Securities
Act”). 
 (b) The Series B Notes and Note Guarantees are not of the same class (within the meaning
of Rule 144A(d)(3) under the Securities Act) as securities of the Company or the Guarantors that are listed on a national securities exchange registered under Section 6 of the Securities Exchange Act of 1934 (the “Exchange
Act”) or that are quoted in a United States automated inter-dealer quotation system. 
 (c) None of
the Company or the Guarantors is, and after giving effect to the Transactions, none will be, an “investment company” or a company “controlled” by an “investment company” within the meaning of the Investment Company Act
and the rules and regulations of the Commission thereunder. 
 (d) The offer and sale of the Securities pursuant
hereto are exempt from the registration requirements of the Securities Act. No form of general solicitation or general advertising within the meaning of Regulation D under the Securities Act (including, but not limited to, advertisements, articles,
notices or other communications published in any newspaper, magazine or similar medium or broadcast over television or radio, or any seminar or meeting whose attendees have been invited by any general solicitation or general advertising) was used by
the Company or the Guarantors, any of their respective Affiliates or any of their representatives in connection with the offer and sale of the Securities. 
 (e) No directed selling efforts within the meaning of Rule 902 under the Securities Act were used by the Company, the Guarantors or any of their respective representatives with respect to the Securities
sold outside the United States to non-U.S. persons, and the Company and the Guarantors and any of their respective Affiliates and any person acting on their behalf has complied with and will implement the “offering restrictions” required
by Rule 902 under the Securities Act. 
 (f) The Disclosure Package has been prepared by the Company and the
Guarantors for use in connection with the Consent Solicitation Statement and the issuance of the Securities pursuant to this Agreement. No other materials have been prepared by the Company or the other Guarantors for use in connection with the
issuance of the Securities. No order or decree preventing the use of the Disclosure Package, or any order asserting that the Transactions are subject to the registration requirements of the Securities Act has been issued, and no proceeding for that
purpose has commenced or is pending or, to the knowledge of the Company or the Guarantors, is contemplated. 

  
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 (g) As of the date hereof, the Disclosure Package does not contain an untrue
statement of a material fact or omit to state a material fact necessary in order to make the statements made therein, in the light of the circumstances under which they were made, not misleading. 

(h) The statistical and market-related data included in or incorporated by reference into the Disclosure Package are
based on or derived from sources that the Company and the Guarantors believe to be reliable in all material respects. 
 (i) Each of the Company and the Guarantors and their respective subsidiaries has been duly organized, is validly existing and in good standing as a corporation or limited liability company, as applicable,
under the laws of its jurisdiction of organization and is duly qualified to do business and in good standing as a corporation or limited liability company, as applicable, in each jurisdiction in which its ownership or lease of property or the
conduct of its businesses requires such qualification, except where the failure to be so qualified or in good standing would not, in the aggregate, reasonably be expected to have (i) a material adverse effect on the condition (financial or
otherwise), results of operations, stockholders’ equity, properties or business of the Company and the Guarantors, taken as a whole or (ii) a material adverse effect on the performance by the Company and the Guarantors of this Agreement or
any of the Transaction Documents (as defined below) or the consummation of any of the transactions contemplated hereby or thereby (the events described in clauses (i) and (ii), collectively, a “Purchase Agreement Material Adverse
Effect”); each of the Company, the Guarantors and their respective subsidiaries has all power and authority necessary to own or hold its properties and to conduct the businesses in which it is engaged. The Company and the Guarantors do
not own or control, directly or indirectly, any corporation, association or other entity other than the subsidiaries listed on Exhibit II hereto. None of the subsidiaries of the Company or any of the Guarantors (other than as identified as
such in Exhibit II) is a “significant subsidiary” (as defined in Rule 405 under the Securities Act). 
 (j) The Company has the authorized and issued capitalization as set forth in the Disclosure Package, and all of the issued and outstanding shares of capital stock of the Company have been duly authorized
and validly issued and are fully paid and non-assessable. 
 (k) The equity interests of the Guarantors
constitute all the issued and outstanding shares of all classes of the capital stock of the Guarantors owned by the Company. All equity interests of the Guarantors are owned of record by the Company and have been duly and validly issued and are
fully paid and nonassessable. 
 (l) The Existing Indenture has been duly and validly authorized by each of the
Company and the Guarantors and, as of the date immediately prior to the execution of Supplemental Indenture No. 1, constituted the valid and binding agreement of each of the Company and the Guarantors, enforceable against it in accordance with
its terms, except as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles
(regardless of whether such enforceability is considered in a proceeding in equity or at law). 

  
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 (m) Supplemental Indenture No. 1 has been duly and validly authorized
by each of the Company and the Guarantors and constitutes the valid and binding agreement of each of the Company and the Guarantors, enforceable against it in accordance with its terms, except as such enforceability may be limited by bankruptcy,
fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in
equity or at law). 
 (n) The Amended Indenture has been duly and validly authorized by each of the Company and
the Guarantors and, as amended by Supplemental Indenture No. 1, constitutes the valid and binding agreement of each of the Company and the Guarantors, enforceable against it in accordance with its terms, except as such enforceability may be
limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is
considered in a proceeding in equity or at law). Each of the Company and the Guarantors has all requisite corporate power and authority to execute, deliver and perform its obligations under the Amended Indenture. No qualification of the Amended
Indenture under the Trust Indenture Act of 1939 (the “Trust Indenture Act”) is required in connection with the offer and sale of the Series B Notes in the manner contemplated hereby. 

(o) The Company has all requisite corporate power and authority to execute, issue, sell and perform its obligations under
the Series B Notes. The Series B Notes have been duly authorized by the Company and, when duly executed by the Company in accordance with the terms of the Amended Indenture, assuming due authentication of the Series B Notes by the Trustee, upon
delivery to the Purchasers against payment therefor in accordance with the terms hereof, will be validly issued and delivered and will constitute valid and binding obligations of the Company entitled to the benefits of the Amended Indenture,
enforceable against the Company in accordance with their terms, except as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights
generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). The Company has all requisite corporate power and authority to execute, issue, sell the Purchased Stock. The
Purchased Stock has been duly authorized by the Company and, when issued and delivered against payment therefor as provided herein, will be duly and validly issued and fully paid and non-assessable. 

(p) Each of the Company and the Guarantors has all requisite corporate power and authority to execute, deliver and
perform its obligations under the Security Documents. Each Security Document has been duly and validly authorized by each of the Company and the Guarantors and constitutes the valid and binding agreement of each of the Company and the Guarantors,
enforceable against it in accordance with its terms, except as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally
and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

  
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 (q) Each of the Company and the Guarantors has all requisite corporate power
and authority to execute, deliver and perform its obligations under the Registration Rights Agreements. The Registration Rights Agreements have been duly and validly authorized by each of the Company and the Guarantors and, upon its execution and
delivery by all of the parties thereto, will constitute the valid and binding agreement of each of the Company and the Guarantors, enforceable against it in accordance with its terms, except (i) as such enforceability may be limited by
bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a
proceeding in equity or at law) and (ii) as any indemnification provisions contained therein relating to securities law liabilities may be unenforceable. 
 (r) Each of the Guarantors has all requisite corporate power and authority to execute, issue, sell and perform its obligations under the Note Guarantees and the related Notation of Guarantee. The Note
Guarantees and Notations of Guarantee have been duly authorized by the Guarantors and, when duly executed by the Guarantors in accordance with the terms of the Amended Indenture, will constitute valid and binding obligations of each of the
Guarantors entitled to the benefits of the Amended Indenture, enforceable against each of the Guarantors in accordance with their terms, except as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization,
moratorium, and other laws relating to or affecting creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

(s) Each of the Company and the Guarantors has all requisite corporate power and authority to execute, deliver and
perform its obligations under this Agreement and the other SPAs. Each such SPA has been duly and validly authorized by each of the Company and the Guarantors and, upon its execution and delivery by each of the parties thereto, (assuming the due
authorization, execution and delivery thereof by any other parties thereto other than the Company and the Guarantors) will constitute the valid and binding obligation of each of the Company and the Guarantors, in accordance with the terms thereof,
enforceable against it in accordance with its terms, except (i) as such enforceability may be limited by bankruptcy, fraudulent conveyance, insolvency, reorganization, moratorium and other similar laws relating to or affecting creditors’
rights generally, by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law) and, as to rights of indemnification and contribution with respect to liabilities under securities laws,
by principles of public policy and (ii) as any indemnification provisions contained therein relating to securities law liabilities may be unenforceable. 
 (t) To the extent described in the Disclosure Package, each Transaction Document conforms in all material respects to the description thereof in the Disclosure Package. 

  
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 (u) The Transactions will not (i) conflict with or result in a breach
or violation of any of the terms or provisions of, impose any lien, charge or encumbrance upon any property or assets of the Company, the Guarantors or their respective subsidiaries, or constitute a default under, any indenture, mortgage, deed of
trust, loan agreement, license, lease or other agreement or instrument to which the Company, the Guarantors or any of their respective subsidiaries is a party or by which the Company, the Guarantors or any of their respective subsidiaries is bound
or to which any of the property or assets of the Company, the Guarantors or any of their respective subsidiaries is subject, except for Liens created by the Transaction Documents, (ii) result in any violation of the provisions of the
certificate of formation, limited liability company agreement, charter or by-laws (or similar organizational documents) of any of the Company, the Guarantors or any of their respective subsidiaries or (iii) result in any violation of any
statute or any judgment, order, decree, rule or regulation of any court or governmental agency or body having jurisdiction over any of the Company, the Guarantors or any of their respective subsidiaries or any of their properties or assets, except,
with respect to clauses (i) and (iii) above, where any such matters would not, individually or in the aggregate, have a Purchase Agreement Material Adverse Effect. 

(v) No consent, approval, authorization or order of, or filing, registration or qualification with any court or
governmental agency or body having jurisdiction over any of the Company, the Guarantors or any of their respective subsidiaries and properties or assets is required for the execution, delivery and performance by the Company and the Guarantors, to
the extent a party thereto, of the Transaction Documents or the completion of the Transactions, except (i) in connection with filings with the with the Commission on Form D pursuant to Regulation D under the Securities Act and Blue Sky filings
for the purpose of qualifying any or all of the Securities under the securities laws of any state or other jurisdiction, (ii) in connection with the registration process contemplated by the Registration Rights Agreements and/or
(iii) except where the failure to make or obtain any such filing, registration or qualification such matters would not, individually or in the aggregate, have a Purchase Agreement Material Adverse Effect. 

(w) Other than (i) as disclosed in the Disclosure Package and (ii) the Registration Rights Agreements, there
are no contracts, agreements or understandings between any of the Company and the Guarantors and any person, granting such person the right to require the Company or the Guarantors to file a registration statement under the Securities Act with
respect to any securities of the Company or the Guarantors owned or to be owned by such person. 
 (x) None of
the Company, the Guarantors nor any other person acting on behalf of the Company or the Guarantors has sold or issued any securities that would be integrated with the offering of any of the Securities contemplated by this Agreement pursuant to the
Securities Act, the rules and regulations thereunder or the interpretations thereof by the Commission. The Company and the Guarantors will take reasonable precautions designed to insure that any offer or sale, direct or indirect, in the United
States or to any U.S. person (as defined in Rule 902 under the Securities Act), of any Securities or any substantially similar security issued by the Company or the Guarantors, within six months subsequent to the date hereof, is made under
restrictions and other circumstances reasonably designed not to affect the status of the offer and sale of any of the Securities in the United States and to U.S. persons contemplated by this Agreement as transactions exempt from the registration
provisions of the Securities Act, including any sales pursuant to Rule 144A under, or Regulation S of, the Securities Act. 

  
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 (y) Since the date of the latest audited financial statements included in or
incorporated by reference into the Disclosure Package and except as disclosed in the Disclosure Package, none of the Company, the Guarantors or any of their respective subsidiaries has (i) sustained any loss or interference with its business
from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor disturbance or dispute or court or governmental action, order or decree, (ii) issued or granted any securities, (iii) incurred any
liability or obligation, direct or contingent, other than liabilities and obligations that were incurred in the ordinary course of business, that is material to the Company and its subsidiaries, taken as a whole, (iv) entered into any
transaction not in the ordinary course of business, that is material to the Company and its subsidiaries, taken as a whole, (v) declared or paid any dividend on its capital stock, and (vi) since such date, there has not been any change in
the capital stock or limited liability interests, as applicable, or long-term debt of any of the Company, the Guarantors or any of their respective subsidiaries or any adverse change, or any development involving a prospective adverse change, in or
affecting the condition (financial or otherwise), results of operations, stockholders’ equity or limited liability company interests, as applicable, properties, management, business or prospects of any of the Company, the Guarantors or their
respective subsidiaries, in each case except as would not, in the aggregate, reasonably be expected to have a Purchase Agreement Material Adverse Effect and/or except, in the case of clauses (ii), (iii), (iv) and (vi), pursuant to the
Transactions. 
 (z) Except as disclosed in the Disclosure Package, there are no judicial, administrative, legal
or governmental proceedings (including any notice of violation or alleged violation) pending to which any of the Company, the Guarantors or any of their respective subsidiaries is a party or of which any property or assets of the Company, the
Guarantors or any of their respective subsidiaries is the subject that would, in the aggregate, reasonably be expected to have a Purchase Agreement Material Adverse Effect. To the Company’s and the Guarantors’ knowledge, no such
proceedings are threatened or contemplated by governmental authorities or others. 
 (aa) Except as would not
reasonably be expected to have a Purchase Agreement Material Adverse Effect: 
 (i) The facilities and properties owned, leased
or operated by the Company and the Guarantors or any of their subsidiaries (the “Properties”) do not contain any hazardous or toxic substances, materials or wastes defined or regulated as such in or under any Environmental
Law (as defined below), including, without limitation, asbestos, perchlorate, polychlorinated biphenyls and urea-formaldehyde insulation (“Materials of Environmental Concern”) in amounts or concentrations which
(i) constitute a violation of, or (ii) could reasonably be expected to give rise to liability on behalf of any of the Company or the Guarantors under, any and all applicable foreign, federal, state, local or municipal laws, rules, orders,
regulations, statutes, ordinances, codes, decrees, requirements of the government of the United States of America or any other nation, or of any political subdivision thereof, whether state or local (including common law) regulating, relating to or
imposing liability or standards of conduct concerning protection of (i) human health from exposure to any Materials of Environmental Concern or (ii) the environment, as now or may at any time be in effect during the term of this Agreement
(“Environmental Law”); 

  
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 (ii) Materials of Environmental Concern have not been transported or disposed of from the
Properties, in violation of, or in a manner or to a location that could reasonably be expected to give rise to liability on behalf of the Company or the Guarantors under any Environmental Law, and no Materials of Environmental Concern have been
generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability on behalf of the Company or the Guarantors under, any applicable
Environmental Law; and 
 (iii) there has been no release or threat of release of Materials of Environmental Concern at or from
the Properties or arising from or related to the operations of the Company or the Guarantors or any Subsidiary in connection with the Properties, or otherwise in connection with the Business, in violation of or in amounts or in a manner that could
reasonably be expected to give rise to liability on behalf of the Company or the Guarantors under Environmental Laws. 
 (bb) (i) Each “employee benefit plan” (within the meaning of Section 3(3) of the Employee Retirement Security Act of 1974, as amended (“ERISA”) and whether or
not subject to ERISA) that is or, in the past six years has been maintained, administered or contributed to, or has had any obligation to contribute to, by any of the Company, the Guarantors or any member of the respective Controlled Group (each a
“Plan”), has been maintained in all material respects in compliance with its terms and with the requirements of all applicable statutes, rules and regulations including ERISA and the Internal Revenue Code of 1986, as amended
(the “Code”); (ii) no prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, has occurred with respect to any Plan excluding transactions effected pursuant to a
statutory or administrative exemption; (iii) no Plan is or was subject to Title IV of ERISA or is or was a Multiemployer Plan; (iv) each Plan that is intended to be qualified under Section 401(a) of the Code is so qualified and
nothing has occurred, whether by action or by failure to act, which would cause the loss of such qualification; and (v) none of the Company or the Guarantors or a member of a Controlled Group under any of them has any material liability with
regards to any post-retirement welfare benefit under a Plan other than as required by Part 6 of Subtitle B of Title I of ERISA or similar required continuation of coverage law. 

(cc) The Company, the Guarantors and their respective subsidiaries maintain insurance of the types and in the amounts
generally deemed adequate in all material respects for its business, including, but not limited to, directors’ and officers’ insurance, insurance covering real and personal property owned or leased by the Company, the Guarantors and their
respective subsidiaries against theft, damage, destruction, acts of vandalism and all other risks customarily insured against, all of which insurance is in full force and effect. None of the Company, the Guarantors or any of their respective
subsidiaries has been refused any insurance coverage sought or applied for, and the none of the Company, the Guarantors, or any such subsidiary has any reason to believe that it, the Guarantors and their respective subsidiaries will not be able to
renew their existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business at a cost that would not have a Purchase Agreement Material Adverse Effect.

  
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 (dd) There is not currently and has not in the past been a failure on the
part of the Company, the Guarantors or their respective subsidiaries or, to the Company’s or the Guarantor’s knowledge, any of its respective directors or officers, in their capacities as such, to comply with any applicable provisions of
Sarbanes-Oxley and the rules and regulations promulgated in connection therewith, including Sections 302, 402 and 906, and the statements contained in any certification pursuant to Sarbanes-Oxley and related rules and regulations are complete and
correct. The Company and each Guarantor has established and maintains disclosure controls and procedures and internal control over financial reporting as are currently required (as such terms are defined in Rule 13a-15 and 15d-15 under the Exchange
Act); the Company’s and the Guarantor’s disclosure controls and procedures (A) are designed to ensure that information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is
accumulated and communicated to management, including the principal executive and principal financial officer of the Company, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure, and that
such information is recorded, processed, summarized and reported, within the time periods specified in the Exchange Act and the Rules and Regulations; (B) have been evaluated for effectiveness; and (C) are effective in all material
respects to perform the functions for which they were established. Except as discussed with the Company’s auditors and audit committee and as disclosed in the Disclosure Package, (A) there are no significant deficiencies or material
weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the Company’s or the Guarantor’s ability to record, process, summarize, and report financial data and
(B) there is, and there has been, no fraud, whether or not material, that involves management or other employees who have a role in the Company’s or the Guarantor’s internal control over financial reporting. Since the date of the end
of the last fiscal year for which audited financial statements are included or incorporated by reference in the Disclosure Package, there have been no significant changes in internal control over financial reporting or in other factors that could
significantly affect internal control over financial reporting, including any corrective actions with regard to significant deficiencies and material weaknesses. The Company has received no written comments from the staff of the Commission regarding
its periodic or current reports under the Exchange Act that remain unresolved and have not been disclosed in the Disclosure Package. 
 (ee) None of the Company or the Guarantors or any of their respective subsidiaries, nor, to the knowledge of the Company or the Guarantors, any director, officer, manager, member, agent, employee or other
person associated with or acting on behalf of the Company, the Guarantors or any of their respective subsidiaries, has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to
political activity; (ii) made any direct or indirect unlawful payment to any foreign or domestic government official or employee from corporate funds; (iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act
of 1977; or (iv) made any bribe, rebate, payoff, influence payment, kickback or other unlawful payment. 

(ff) None of the Transactions will violate or result in a violation of Regulations T, U and X of the Board of Governors
of the Federal Reserve System. 

  
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 (gg) The Company, the Guarantors and their respective Affiliates have not
taken, directly or indirectly, any action designed to or that has constituted or that would reasonably be expected to cause or result in the stabilization or manipulation of the price of any of the Securities. 

(hh) Each of the Company, the Guarantors and their respective subsidiaries have (i) good and Defensible (as defined
below) title to all its interests in its producing natural gas and oil properties (including oil and gas wells, producing leasehold interests and appurtenant personal property) as described in the Disclosure Package as owned by it,
(ii) investigated title in accordance with customary industry procedures prior to acquiring any non-producing leasehold properties (including undeveloped locations or leases held by production, and those leases not held by production and
including exploration prospects) described in the Disclosure Package as owned by it, (iii) good and indefeasible title to its other real property as described in the Disclosure Package as owned by it and (iv) good title to its personal
property as described in the Disclosure Package as owned by it, in each case free and clear of all liens, claims, security interests, equities, or other encumbrances except those (a) described in the Disclosure Package or (b) that do not
materially interfere with the use or value of such properties taken as a whole as described in the Disclosure Package. All real property and buildings held under lease or license by the Company or its Subsidiaries are held under valid and subsisting
and enforceable leases or licenses with such exceptions as do not materially interfere with the use of such properties taken as a whole as they have been used in the past and are proposed to be used in the future as described in the Disclosure
Package. As used herein, “Defensible” means, with respect to title to the producing properties (including oil and gas wells and producing leasehold interests) described in the Disclosure Package as being owned by the Company,
the Guarantors or any of their respective subsidiaries, that the Company, the Guarantors and their respective subsidiaries (1) are entitled to receive not less than the net revenue interests of such properties as set forth in the reserve
reports of (x) MHA Petroleum Consultants, an independent petroleum engineering firm, relating to the Company’s estimated proved oil and natural gas reserves as of December 31, 2011 and (y) DeGolyer and MacNaughton, an independent
petroleum engineering firm, relating to the Company’s estimated proved oil and natural gas reserves as of December 31, 2011 (collectively, the “Reserve Reports”) of all hydrocarbons and minerals produced, saved and
marketed from such properties, and proceeds thereof, all without reduction, suspension or termination of such interests throughout the productive life of such properties, and (2) are obligated to bear a share of the costs and expenses relating
to the maintenance, exploration, drilling, completion, development, operation, plugging and abandonment of such properties greater than the working interests of such properties as set forth in the Reserve Reports, without increase throughout the
life of such properties. 
 (ii) Each of the Company, the Guarantors and their respective subsidiaries is in
possession of and is operating in compliance with all franchises, grants, authorizations, licenses, certificates, permits, easements, consents, orders and approvals (“Permits”) from all state, federal, foreign and other
regulatory authorities, and has satisfied the requirements imposed by regulatory bodies, administrative agencies or other governmental bodies, agencies or officials, that are required for the Company, the Guarantors and their respective subsidiaries
lawfully to own, lease and operate their properties and conduct their businesses as described in the Disclosure Package, and each of the Company, the Guarantors and their respective 

  
 11 

 
Subsidiaries is conducting its business in compliance with all of the laws, rules and regulations of each jurisdiction in which it conducts its business, in each case with such exceptions,
individually or in the aggregate, as would not have a Material Adverse Effect; each of the Company, the Guarantors and their respective subsidiaries has filed all notices, reports, documents or other information (“Notices”)
required to be filed under applicable laws, rules and regulations, in each case, with such exceptions, individually or in the aggregate, as would not have a Material Adverse Effect; and, except as otherwise specifically described in the Disclosure
Package, none of the Company, the Guarantors or any of their respective Subsidiaries has received any notification from any court or governmental body, authority or agency, relating to the revocation or modification of any such Permit or to the
effect that any additional authorization, approval, order, consent, license, certificate, permit, registration or qualification (“Approvals”) from such regulatory authority is needed to be obtained by any of them, in any case
where it is reasonably expected that obtaining such Approvals or the failure to obtain such Approvals, individually or in the aggregate, would have a Purchase Agreement Material Adverse Effect. 

(jj) Except as described in the Disclosure Package, the Company, the Guarantors and their respective subsidiaries own or
possess, or can acquire on reasonable terms, adequate patents, patent licenses, trademarks, service marks and trade names necessary to conduct the business now operated by them, and neither the Company, the Guarantors nor any of their respective
subsidiaries has received any notice of infringement of or conflict with asserted rights of others with respect to any patents, patent licenses, trademarks, service marks or trade names that, individually or in the aggregate, if the subject of an
unfavorable decision, ruling or finding, would have a Purchase Agreement Material Adverse Effect. 
 (kk) The
Security Documents have granted and created, in favor of the Trustee for the benefit of the holders of the Series B Notes as security for all of the Secured Obligations (as such term is defined in the Security Agreement), a valid and enforceable
Lien in the Collateral (as defined in the Amended Indenture), and such Liens are perfected Liens (subject to Permitted Liens as defined in the Amended Indenture). 

(ll) After giving effect to the Transactions, other than Liens granted pursuant to the Transaction Documents and
Permitted Liens, none of the Company or the Guarantors have pledged, assigned, sold or granted a security interest in the Collateral. After giving effect to the Transactions, no security agreement, financing statement, equivalent security or Lien
instrument or continuation statement authorized by the Company or any Guarantor and listing the Company or any Guarantor as debtor covering all or any part of the Collateral shall be on file or of record in any jurisdiction, except in respect of
Permitted Liens or such as may have been filed, recorded or made as contemplated by the Transaction Documents. 

(mm) The historical financial statements (including the related notes and supporting schedules) included in or
incorporated by reference into the Disclosure Package present fairly in all material respects the financial condition, results of operations and cash flows of the entities purported to be shown thereby, at the dates and for the periods indicated,
and have been prepared in conformity with accounting principles generally accepted in the United States applied on a consistent basis throughout the periods involved. 

  
 12 

 (nn) The Company, the Guarantors and their respective subsidiaries have
filed all necessary federal, state and material foreign income and material franchise tax returns required to be filed prior to the date hereof (taking into account extensions requested in good faith by the Company and in compliance with applicable
tax rules and regulations) and paid all taxes shown as due thereon; all such tax returns are complete and correct in all material respects; all material tax liabilities are adequately provided for on the books of the Company, the Guarantors and
their respective subsidiaries; and the Company and the Guarantors have no knowledge of any tax proceeding or action pending or threatened against the Company, the Guarantors or any of their respective subsidiaries that, individually or in the
aggregate, might have a Purchase Agreement Material Adverse Effect. 
 (oo) No labor disturbance by or dispute
with the employees of the Company or any of its subsidiaries exists or, to the knowledge of the Company or such subsidiaries, is imminent that would reasonably be expected to have a Purchase Agreement Material Adverse Effect. 

(pp) The operations of the Company, the Guarantors and their respective subsidiaries are and have been conducted at all
times in compliance with applicable financial recordkeeping and reporting requirements of the Bank Secrecy Act, as amended by Title III of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism Act of 2001, the Currency and Foreign Transactions Reporting Act of 1970, as amended, and the money laundering statutes of all jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines,
issued, administered or enforced by any governmental agency (collectively, the “Money Laundering Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator
involving the Company, the Guarantors or any of their respective subsidiaries with respect to the Money Laundering Laws is pending or, to the knowledge of the Company or the Guarantors, threatened. 

(qq) None of the Company, the Guarantors or any of their respective subsidiaries nor, to the knowledge of any of the
Company or the Guarantors, any director, officer, manager, member, agent, employee or affiliate of any of the Company, the Guarantors or any of their respective subsidiaries is currently subject to any U.S. sanctions administered by the Office of
Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Company and the Guarantors will not directly or indirectly use the proceeds of the offering of the Securities, or lend, contribute or otherwise make
available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC. 

(rr) Immediately after the consummation of the Transactions, each of the Company and the Guarantors will be Solvent. As
used in this paragraph, the term “Solvent” means, with respect to a particular date, that on such date (i) the present fair market value (or present fair saleable value) of the assets of the relevant entity are not less
than the total amount required to pay the probable liabilities of such entity on its total existing debts and liabilities (including contingent liabilities) as they become absolute and matured, (ii) the relevant entity is able to realize upon
its assets and pay its debts and other liabilities, contingent obligations and commitments as they mature and become due in the normal course of business, (iii) assuming 

  
 13 

 
the completion of the transactions contemplated by the Transaction Documents, the relevant entity is not incurring debts or liabilities beyond its ability to pay as such debts and liabilities
mature, (iv) the relevant entity is not engaged in any business or transaction, and is not about to engage in any business or transaction, for which its property would constitute unreasonably small capital after giving due consideration to the
prevailing practice in the industry in which such entity is engaged, and (v) the relevant entity is not a defendant in any civil action that is reasonably expected to result in a judgment that such entity is or would become unable to satisfy.
In computing the amount of such contingent liabilities at any time, it is intended that such liabilities will be computed at the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can
reasonably be expected to become an actual or matured liability. 
 (ss) To the best knowledge of the Company
and the Guarantors, no change in any laws or regulations is pending that could reasonably be expected to be adopted and if adopted, is reasonably expected to have, individually or in the aggregate with all such changes, a Purchase Agreement Material
Adverse Effect, except as set forth in or contemplated in the Disclosure Package. 
 (tt) The Company is subject
to Section 13 or 15(d) of the Exchange Act. 
 (uu) Except as set forth in the Disclosure Package, none of
the Company or the Guarantors is a party to any contract, agreement or understanding with any person that would give rise to a valid claim against any of them or the Purchasers for a brokerage commission, finder’s fee or like payment in
connection with the Transactions. 
 Any certificate signed by any officer of the Company and delivered to the Purchasers or
counsel for the Purchasers in connection with the offering of the Securities shall be deemed a representation and warranty by the Company, as to matters covered thereby, to the Purchasers, and not a representation or warranty by the individual
officer. 
 Any certificate signed by any officer of any of the Guarantors and delivered to the Purchasers or counsel for the
Purchasers in connection with the offering of the Securities shall be deemed a representation and warranty by such Guarantor, as to matters covered thereby, to the Purchasers, and not a representation or warranty by the individual officer.

 4. Representations, Warranties and Agreements of the Purchasers. Each Purchaser hereby represents and warrants to the
Company and the Guarantors as follows (it being understood that each such Purchaser does not make any representation, warranty, covenant or agreement to any other purchaser of the Securities or to the Company or the Guarantors on behalf of any other
purchaser of the Securities): 
 (a) Such Purchaser has full power and authority to purchase the Securities
issued and offered hereby. 
 (b) Such Purchaser (i) is knowledgeable, sophisticated and experienced in
making, and is qualified to make, decisions with respect to investments in securities representing an investment decision like that involved in the purchase of the Securities, and has requested, received, reviewed and considered all information it
deems relevant in making an 

  
 14 

 
informed decision to purchase the Securities; (ii) is acquiring the Securities in the ordinary course of its business and for its own account for investment purposes only and with no present
intention of distributing any of such Securities or any arrangement or understanding with any other persons regarding the distribution of such Securities; and (iii) will not, directly or indirectly, offer, sell, pledge, transfer or otherwise
dispose of (or solicit any offers to buy, purchase or otherwise acquire or take a pledge of) any of the Securities except in compliance with the Securities Act and any applicable state securities laws. 

(c) Such Purchaser is a “qualified institutional buyer” as defined in Rule 144A and/or an institutional
“accredited investor” as defined in Rule 501(a), in each case as promulgated under the Securities Act. 
 (d) Such Purchaser understands and acknowledges that (i) the Securities are being offered in transactions that rely on an exemption from registration provided by Section 4(a)(2) under the
Securities Act and an exemption from applicable state securities law requirements; (ii) the initial offering and issuance of the Securities has not been registered under the Securities Act or any other securities laws; (iii) if in the
future it decides to resell, pledge or otherwise transfer the Securities that it purchases hereunder, those Securities, absent an effective registration statement under the Securities Act, may be resold, pledged or transferred only pursuant to an
applicable exemption from registration under the Securities Act in accordance with any applicable securities laws of the states and other jurisdictions of the United States, and (iv) it will, and each subsequent holder of any of the Securities
that it purchases in this offering is required to, notify any subsequent purchaser of such Securities from it or subsequent holders, as applicable, of the resale restrictions referred to in clause (iii) above. 

(e) Such Purchaser understands and acknowledges that (i) the Company and the Guarantors are relying upon the truth
and accuracy of the acknowledgements, representations, and agreements of such Purchaser set forth herein; (ii) none of the Company, the Guarantors, or any person acting on behalf of the foregoing has made any statement, representation, or
warranty, express or implied, to it with respect to the Company, the Guarantors, or the offer or sale of any Securities, other than the information included in the Disclosure Package. 

(f) Such Purchaser understands that the Series B Notes will bear a restrictive legend substantially in the following form
or otherwise as required pursuant to the Amended Indenture: 
 “THIS NOTE HAS NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN,
THE ACQUIRER 

  
 15 

 (1) REPRESENTS THAT 

(A) IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF
RULE 144A UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, 
 (B) IT IS AN INSTITUTIONAL “ACCREDITED INVESTOR” (WITHIN THE MEANING OF RULE 501(a) (1), (2), (3) OR (7) UNDER THE SECURITIES ACT) (AN “INSTITUTIONAL ACCREDITED INVESTOR”),
OR 
 (C) IT IS NOT A UNITED STATES PERSON (WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT) AND

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

(A) TO GMX RESOURCES, INC. OR ANY OF ITS SUBSIDIARIES, 

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

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

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

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

  
 16 

 (F) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER
THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 

PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(C) ABOVE OR (2)(D) ABOVE, A DULY COMPLETED
AND SIGNED CERTIFICATE (THE FORM OF WHICH MAY BE OBTAINED FROM THE TRUSTEE) MUST BE DELIVERED TO THE TRUSTEE. PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(E) OR (F) ABOVE, THE ISSUER RESERVES THE RIGHT TO REQUIRE THE
DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. NO
REPRESENTATION OR WARRANTY IS MADE AS TO THE AVAILABILITY OF ANY RULE 144 EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.” 
 (g) Such Purchaser understands that the Purchased Stock will bear a restrictive legend substantially in the following form: 

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR AN APPLICABLE EXEMPTION TO THE REGISTRATION REQUIREMENTS
OF SUCH ACT OR SUCH LAWS. 
 THE ISSUER RESERVES THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS,
CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE 

  
 17 

 
SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION OR WARRANTY IS MADE AS TO THE AVAILABILITY OF ANY RULE 144 EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES
ACT.” 
 (h)  (i) Such Purchaser has full right, power, authority and capacity to enter into this
Agreement and to consummate the transactions contemplated hereby and has taken all necessary action to authorize the execution, delivery and performance of this Agreement, and (ii) the execution, delivery and performance of the Agreement by
such Purchaser and the consummation of the transactions herein contemplated will not violate any provision of the organizational documents of such Purchaser or any statute or any authorization, judgment, decree, order, rule or regulation of any
court or any regulatory body, administrative agency or other governmental body applicable to such Purchaser other than any Federal or State securities laws, as to which no representation is made by such Purchaser. 

(i) Such Purchaser understands that no United States federal or state agency or any other government or governmental
agency has passed upon or made any recommendation or endorsement of the Securities or the fairness or suitability of the investment in the Securities nor have such authorities passed upon or endorsed the merits of the offering of the Securities.

 (j) Such Purchaser acknowledges that the Company, the Guarantors and its counsel will rely upon the accuracy
of the foregoing acknowledgments, representations and agreements. Such Purchaser agrees that if any of the acknowledgments, representations or agreements that such Purchaser is deemed to have made by its purchase of the Securities is no longer
accurate, it shall promptly notify the Company and the Guarantors. If such Purchaser is purchasing the Securities as a fiduciary or agent for one or more investor accounts, such Purchaser represents that it has sole investment discretion with
respect to each of those accounts. 
 (k) The Purchasers, who shall become Beneficial Owners (as defined in the
Rights Agreement, dated as of May 17, 2005, by and between the Company and UMB Bank, N.A., as Rights Agent, as amended on the date hereof (the “Rights Agreement”) of the Shares on the Closing Date, are not immediately
prior to the Transactions, nor will they become as a result of and immediately after giving effect to the Transactions, an Acquiring Person (as defined in the Rights Agreement) (i.e., a Beneficial Owner of 20% or more of the shares of Common Stock
of the Company then outstanding). 
 5. Agreements of the Company and the Guarantors. The Company and the Guarantors,
jointly and severally, agree with the Purchasers as follows: 
 (a) The Company and the Guarantors will apply
the net proceeds from the sale of the Securities to be sold by the Company hereunder in accordance with the description thereof set forth in the Disclosure Package. 

  
 18 

 (b) The Company, the Guarantors and their respective Affiliates will not
take, directly or indirectly, any action designed to or that has constituted or that reasonably could be expected to cause or result in the stabilization or manipulation of the price of any security of the Company and the Guarantors in connection
with the offering of the Securities. 
 (c) The Series B Notes will be eligible for clearance and settlement in
the United States through DTC and in Europe through Euroclear Bank, S.A./N.V., or Clearstream Banking, société anonyme. 
 (d) The Company and the Guarantors will not, and will not cause their respective Affiliates to, engage in any “directed selling efforts” within the meaning of Rule 902 under the Securities Act.

 (e) The Company and the Guarantors will, and will cause their respective Affiliates to, comply with and
implement the “offering restrictions” required by Rule 902 under the Securities Act with respect to the sale of the Securities 
 (f) The Company and the Guarantors agree not to sell, offer for sale or solicit offers to buy or otherwise negotiate in respect of any security (as defined in the Securities Act) that would be integrated
with the sale of the Securities in a manner that would require the registration under the Securities Act of the sale to the Purchasers of the Securities. The Company and the Guarantors will take reasonable precautions designed to insure that any
offer or sale, direct or indirect, in the United States or to any U.S. person (as defined in Rule 902 under the Securities Act) or U.S. resident (as defined in the Investment Company Act), of any Securities or any substantially similar security
issued by the Company or the Guarantors, within six months subsequent to the date on which the distribution of the Securities has been completed (as notified to the Company by the Purchasers), is made under restrictions and other circumstances
reasonably designed not to affect the status of the offer and sale of the Securities in the United States and to U.S. persons or U.S. residents contemplated by this Agreement as transactions exempt from the registration provisions of the Securities
Act, including any sales pursuant to Rule 144A under, or Regulations D or S of, the Securities Act. 
 (g) The
Company and the Guarantors agree to comply with all agreements set forth in the representation letters of the Company and the Guarantors to DTC relating to the approval of the Series B Notes by DTC for “book entry” transfer. 

6. Conditions to Purchasers’ Obligations. The obligations of the Purchasers hereunder are subject (i) to the accuracy of
the representations and warranties of the Company and the Guarantors contained herein, (ii) to the accuracy of the statements of each of the Company, the Guarantors and each of their respective officers made in any certificate delivered
pursuant hereto, (iii) to the performance by the Company and the Guarantors of their respective obligations hereunder, and (iv) to each of the following additional terms and conditions: 

(a) All corporate proceedings and other legal matters incident to the authorization, form and validity of the Transaction
Documents and all other legal matters relating to this Agreement and the transactions contemplated hereby shall be reasonably satisfactory in all material respects to counsel for the Purchasers, and the Company and the Guarantors shall have
furnished to such counsel all documents and information that they may reasonably request to enable them to pass upon such matters. 

  
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 (b) Andrews Kurth LLP, special counsel to the Company and the Guarantors,
and Crow & Dunlevy, special Oklahoma counsel to the Company and the Guarantors, shall have delivered such opinions as are reasonably satisfactory to counsel to the Purchasers and such other local counsel to the Company and the Guarantors,
as applicable, shall have delivered such other opinions as are reasonably satisfactory to counsel to the Purchasers; 
 (c) The Company shall have furnished or caused to be furnished to the Purchasers a certificate of the Chief Financial Officer of the Company, or other officers satisfactory to the Purchasers, dated the
date hereof, as to such matters as the Purchasers may reasonably request, including, without limitation, a statement that: 
 (i) The representations, warranties and agreements of the Company and the Guarantors, as applicable, in Section 3 herein and in any other Transaction Document to which each of the Company and any of
the Guarantors, as applicable, is a party are true and correct, and the Company and the Guarantors, as applicable, has complied with all its agreements contained herein and in any other Transaction Document to which it is a party and satisfied all
the conditions on its part to be performed or satisfied hereunder or thereunder; 
 (ii) They have carefully
examined the Disclosure Package and, in their opinion, the Disclosure Package, as of the date hereof, does not contain any untrue statement of a material fact and does not omit to state a material fact necessary to make the statements therein, in
the light of the circumstances under which they were made, not misleading. 
 (d) The Company shall have
furnished or caused to be furnished to the Purchasers a certificate of the Company, dated the date hereof, substantially in the form of Exhibit III hereto. 

(e) The Company shall have furnished or caused to be furnished to the Purchasers a solvency certificate, dated the date
hereof, substantially in the form of Exhibit IV hereto. 
 (f) The Series B Notes shall be eligible for
clearance and settlement through DTC. 
 (g) The Company, the Guarantors and the Trustee shall have executed and
delivered Supplemental Indenture No. 1, and the Purchasers shall have received an original copy thereof, duly executed by the Company and the Trustee. 
 (h) The Series B Notes shall have been duly executed and delivered by the Company and duly authenticated by the Trustee. The Purchased Stock shall have been duly and validly issued as contemplated hereby
and delivered to the Purchasers in certificated form. 

  
 20 

 (i) Each Notation of Guarantee shall have been duly executed and delivered
by the Guarantors. 
 (j) Each of the Transaction Documents shall have been duly executed and delivered by the
respective parties thereto (other than the Purchasers). 
 (k) The representations and warranties of each of the
Company and the Guarantors (to the extent a party thereto) contained in the Transaction Documents to which each of the Company and any such Guarantor is a party are true and correct as of the date hereof. 

(l) Series B Notes (in an aggregate principal amount equal to $30.0 million less the aggregate principal amount of Series
B Notes sold hereby) shall have been sold pursuant to the other SPAs simultaneously with the sale of the Series B Notes sold hereby, and an aggregate number of shares of the Company’s common stock, par value $0.001 per share (the
“Common Stock”), equal to 15,979,253 less the aggregate number of shares of Common Stock sold hereby shall have been sold pursuant to the other SPAs simultaneously with the sale of the Purchased Stock sold hereby, and the use
of proceeds therefrom shall conform to the description in the Disclosure Package. 
 (m) The Transactions shall
have been consummated as contemplated by the Disclosure Package. 
 (n) Prior to the Closing Date,
(a) trading in the Company’s Common Stock shall not have been suspended by the Commission or by the NYSE, (b) trading in securities generally on the NYSE shall not have been suspended or limited for two consecutive Business Days or
minimum or maximum prices shall not have been generally established on such exchange for two consecutive Business Days, or additional material governmental restrictions, not in force on the date of this Agreement, shall not have been imposed upon
trading in securities generally by such exchange or by order of the Commission or any court of other governmental authority for two consecutive Business Days and (c) a general banking moratorium shall not have been declared by either Federal or
New York State authorities and continue for two consecutive Business Days. 
 All opinions, letters, evidence and certificates
mentioned above or elsewhere in this Agreement shall be deemed to be in compliance with the provisions hereof only if they are in form and substance reasonably satisfactory to counsel for the Purchasers. 

7. Indemnification and Contribution. 
 (a) Each of the Company and the Guarantors hereby agrees, jointly and severally, to indemnify and hold harmless the Purchasers, their Affiliates, directors, officers and employees and each person, if any,
who controls any of the Purchasers within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, from and against any loss, claim, damage or liability, joint or several, or any action in respect thereof
(including, but not limited to, any loss, claim, damage, liability or action relating to purchases and sales of the Securities), to which the Purchasers or such an affiliate, director, officer, employee or controlling person may become subject,
under the Securities Act or otherwise, insofar as such 

  
 21 

 
loss, claim, damage, liability or action arises out of, or is based upon, (i) any breach by the Company or the Guarantors of any representation or warranty or material failure to comply with
any of the covenants and agreements contained in this Agreement, (ii) any untrue statement or alleged untrue statement of a material fact contained (A) in the Disclosure Package or in any amendment or supplement thereto, (B) in any
Blue Sky application or other document prepared or executed by the Company or the Guarantors (or based upon any written information furnished by the Company or the Guarantors) specifically for the purpose of qualifying any or all of the Securities
under the securities laws of any state or other jurisdiction (any such application, document or information being hereinafter called a “Blue Sky Application”), (iii) the omission or alleged omission to state in the
Disclosure Package, or in any amendment or supplement thereto, in any Blue Sky Application, any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or
(iv) the Transactions (other than those contemplated by this Agreement) and shall reimburse the Purchasers and each such director, officer, employee or controlling person promptly upon demand for any legal or other expenses reasonably incurred
by the Purchasers or any such affiliate, director, officer, employee or controlling person in connection with investigating or defending or preparing to defend against any such loss, claim, damage, liability or action as such expenses are incurred.
The foregoing indemnity agreement is in addition to any liability that the Company and the Guarantors may otherwise have to the Purchasers or to any affiliate, director, officer, employee or controlling person of any of the Purchasers. 

(b) Promptly after receipt by an indemnified party under this Section 7 of notice of any claim or the commencement
of any action, the indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party under this Section 7, notify the indemnifying party in writing of the claim or the commencement of that action;
provided, however, that the failure to notify the indemnifying party shall not relieve it from any liability that it may have under this Section 7 except to the extent it has been materially prejudiced (through the forfeiture of
substantive rights or defenses) by such failure and; provided, further, that the failure to notify the indemnifying party shall not relieve it from any liability that it may have to an indemnified party otherwise than under this
Section 7. If any such claim or action shall be brought against an indemnified party, and it shall notify the indemnifying party thereof, the indemnifying party shall be entitled to participate therein and, to the extent that it wishes, jointly
with any other similarly notified indemnifying party, to assume the defense thereof with counsel reasonably satisfactory to the indemnified party. After notice from the indemnifying party to the indemnified party of its election to assume the
defense of such claim or action, the indemnifying party shall not be liable to the indemnified party under this Section 7 for any legal or other expenses subsequently incurred by the indemnified party in connection with the defense thereof
other than reasonable costs of investigation; provided, however, that the Purchasers shall have the right to employ counsel to represent jointly the Purchasers and their directors, officers, employees and controlling persons who may be
subject to liability arising out of any claim in respect of which indemnity may be sought by the Purchasers against any of the Company or the Guarantors under this Section 7, if (i) the Company, the Guarantors, the Purchasers shall have so
mutually agreed; (ii) the Company and the Guarantors have failed within a reasonable time to retain counsel reasonably satisfactory to the Purchasers; (iii) any of the Purchasers and their respective directors, managers, officers,
employees and controlling persons shall have reasonably concluded, based on the advice of 

  
 22 

 
counsel, that there may be legal defenses available to them that are different from or in addition to those available to the Company or the Guarantors; or (iv) the named parties in any such
proceeding (including any impleaded parties) include both the Purchasers or their directors, officers, employees or controlling persons, on the one hand, and the Company or the Guarantors, on the other hand, and representation of both sets of
parties by the same counsel would present a conflict due to actual or potential differing interests between them, and in any such event the fees and expenses of such separate counsel shall be paid by the Company and the Guarantors. No indemnifying
party shall (x) without the prior written consent of the indemnified parties (which consent shall not be unreasonably withheld), settle or compromise or consent to the entry of any judgment with respect to any pending or threatened claim,
action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent
includes an unconditional release of each indemnified party from all liability arising out of such claim, action, suit or proceeding and does not include a statement as to, or an admission of fault, culpability or a failure to act by or on behalf of
any indemnified party, or (y) be liable for any settlement of any such action effected without its written consent (which consent shall not be unreasonably withheld), but if settled with the consent of the indemnifying party or if there be a
final judgment of the plaintiff in any such action, the indemnifying party agrees to indemnify and hold harmless any indemnified party from and against any loss or liability by reason of such settlement or judgment. 

(c) If the indemnification provided for in this Section 7 shall for any reason be unavailable to or insufficient to
hold harmless an indemnified party under Section 7(a) in respect of any loss, claim, damage or liability, or any action in respect thereof, referred to therein, then each indemnifying party shall, in lieu of indemnifying such indemnified party,
contribute to the amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability, or action in respect thereof, in such proportion as shall be appropriate to reflect the relative fault of the Company and the
Guarantors, on the one hand, and the Purchasers, on the other, with respect to the statements or omissions that resulted in such loss, claim, damage or liability, or action in respect thereof, as well as any other relevant equitable considerations.
The relative fault shall be determined by reference to whether the untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company and the Guarantors, or
the Purchasers, the intent of the parties and their relative knowledge, access to information and opportunity to correct or prevent such statement or omission. The Company, the Guarantors, the Purchasers agree that it would not be just and equitable
if contributions pursuant to this Section 7(c) were to be determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to herein. The amount paid or payable by an
indemnified party as a result of the loss, claim, damage or liability, or action in respect thereof, referred to above in this Section 7 shall be deemed to include, for purposes of this Section 7 any legal or other expenses reasonably
incurred by such indemnified party in connection with investigating or defending any such action or claim. 

  
 23 

 8. Notices, etc. All statements, requests, notices and agreements hereunder shall be
in writing, and: 
 (a) if to the Purchasers, shall be delivered or sent by hand delivery, mail, telex,
overnight courier or facsimile transmission to the address specified on the signature page hereto, with a copy to Paul, Weiss, Rifkind, Wharton & Garrison LLP, 1285 Avenue of the Americas, New York, NY 10019, Attention: Lawrence Wee; and

 (b) if to any of the Company or the Guarantors, shall be delivered or sent by mail, overnight courier or
facsimile transmission to GMX Resources Inc., 9400 North Broadway, Suite 600, Oklahoma City, OK 73114, Attention: Chief Financial Officer, with a copy to Andrews Kurth LLP, 600 Travis Street, Suite 4200, Houston, TX 77002, Attention: David C. Buck,
Esq. 
 9. Survival. The respective indemnities, rights of contribution, representations, warranties and agreements of
the Company or the Guarantors and the Purchasers contained in this Agreement or made by or on behalf of them, respectively, pursuant to this Agreement, shall survive the delivery of and payment for the Securities and shall remain in full force and
effect, regardless of any termination of this Agreement or any investigation made by or on behalf of any of them or any person controlling any of them. 
 10. Definition of the Terms “Business Day”, “Affiliate”, and “Subsidiary.” For purposes of this Agreement, (a) “business day” means any day on which the
New York Stock Exchange, Inc. is open for trading, and (b) “affiliate” and “subsidiary” have the meanings set forth in Rule 405 under the Securities Act. 

11. Governing Law. This Agreement and any matters arising out of or in any way relating to this Agreement shall be governed by
and construed in accordance with the laws of the State of New York. 
 12. Submission to Jurisdiction. Each of the
parties hereto hereby irrevocably and unconditionally: 
 (a) submits for itself and its property in any legal action or
proceeding relating to this Agreement or any of the transactions contemplated hereby, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the State or Federal courts sitting in the
Borough of Manhattan, the City of New York (“New York Courts”); 
 (b) consents that any such action or
proceeding may be brought in such New York Courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such New York Court or that such action or proceeding was brought in an inconvenient
court and agrees not to plead or claim the same; 
 (c) agrees that service of process in any such action or proceeding may be
effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to any party hereto at its address set forth in Section 9 or at such other address of which such party shall have
been notified pursuant thereto; and 
 (d) agrees that nothing herein shall affect the right to effect service of process in any
other manner permitted by law or shall limit the right to sue in any other jurisdiction; and waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this
Section 13 any special, exemplary, punitive or consequential damages. 

  
 24 

 13. Waiver of Jury Trial. The Company, the Guarantors and the Purchasers hereby
irrevocably waive, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 

14. Counterparts. This Agreement may be executed in one or more counterparts and, if executed in more than one counterpart, the
executed counterparts shall each be deemed to be an original but all such counterparts shall together constitute one and the same instrument. 
 15. Headings. The headings herein are inserted for convenience of reference only and are not intended to be part of, or to affect the meaning or interpretation of, this Agreement. 

16. Delivery of Payment. If the Company has not received payment in full for any of the Securities purchased pursuant hereto prior
to 4:00 p.m., New York City time, on December 7, 2012, upon written request by the Company, the Purchasers shall surrender to the Company for cancellation such Securities for which payment has not been received. 

17. Purchase Price Allocation. The parties hereto acknowledge that the “issue price,” within the meaning of
Section 1273(b) of the Code, of each Series B Note shall be $903.333 per $1,000 of principal amount of each Series B Note and the “yield to maturity,” based on such issue price, of each Series B Note is 13.741%, assuming all interest
on each Series B Note is paid entirely in cash. Except as otherwise required by law, the parties hereto agree that such issue price and yield to maturity shall be used to determine the amount of “original issue discount” accruing and to be
reported on the Series B Notes pursuant to Section 1272 of the Code and the regulations promulgated thereunder.  

18. Restricted Period. 
 (a) Except as noted in clause (b) below, each of the Purchasers agree that during the 30-day period following the Closing Date (the “Restricted Period”), with respect to all
of the Purchased Stock acquired under this Agreement and beneficially owned by each of the Purchasers, it will not (i) loan, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to
sell, grant any option, right or warrant to purchase or otherwise transfer or dispose of, directly or indirectly, such Purchased Stock or any security convertible into or exchangeable for such Purchased Stock, or (ii) enter into any swap or
other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of such Purchased Stock, whether any such transaction described in clause (i) or (ii) above is settled by delivery of such
Purchased Stock or other securities, in cash or otherwise (any disposition or arrangement described in clause (i) or (ii) above being referred to herein as a “Disposition”), or publicly disclose any intent to make
any Disposition, without, in each case, the prior written consent of the Company. 

  
 25 

 (b) Notwithstanding the provisions of clause (a) of this Section,
during the Restricted Period, each of the Purchasers may (a) sell, transfer or otherwise dispose of such Purchased Stock in a private transaction, without the prior written consent of the Company, to any affiliate of the Purchasers managed by
the Purchasers that agrees in writing with the Company to be bound by the terms of this Agreement, (b) pledge the Purchased Stock and as security for bona fide loans, letters of credit, interest rate or other hedging transactions and related
fees, costs, indemnities and other obligations from one or more third parties who are not affiliates of such parties, (c) sell all or a portion of such shares of Purchased Stock, as a result of any divestiture ordered by, or agreed to with, a
governmental authority. In addition, clause (a) of this Section shall also not restrict or affect the manner of sale or other disposition of any Purchased Stock in connection with any foreclosure or other disposition after default of a lender
or other counterparty in connection with the pledge of such securities for bona fide loans, letters of credit, interest rate or other hedging transactions and related fees, costs, indemnities and other obligations from one or more third parties who
are not affiliates of such party and shall not apply to any permitted transferee who does not assume the rights and obligations of the Purchasers in accordance with the Registration Rights Agreement relating to the resale of the Purchased Stock.

  
 26 

 EXECUTION COPY 

If the foregoing correctly sets forth the agreement among the Company, the Guarantors and the Purchasers, please indicate your acceptance
in the space provided for that purpose below. 
  

			
	GMX RESOURCES INC.
		
	By:	 	/s/ James A. Merrill
		 	Name: James A. Merrill
		 	Title: Chief Financial Officer

  

			
	 The Company hereby acknowledges receipt of $12,708,295.79 from the Purchasers as payment for the Securities indicated on the
signature page hereto.
  
 GUARANTORS:

 
 ENDEAVOR PIPELINE INC.
 DIAMOND BLUE DRILLING CO.

		
	By:	 	/s/ James A. Merrill
		 	Name: James A. Merrill
		 	Title: Vice President

  

 Accepted: 
 GSO Palmetto Opportunistic Investment Partners LP 
 By: GSO Capital Partners LP, as Investment
Manager 
  

			
		
	By:	 	/s/ Marisa J. Beeney
		 	 Name: Marisa J. Beeney

Title: Authorized Signatory

 The above Purchaser hereby acknowledges receipt of the aggregate principal amount of Series B Notes and the aggregate
number of shares of Purchased Stock as set forth on Schedule 1 hereto. 
 By executing and delivering this Agreement, the above Purchaser
represents that it is (at least one box must be checked): 
 x a “qualified
institutional buyer” as defined in Rule 144A under the Securities Act; and/or 

 ̈ an “accredited investor” as defined in Rule 501(a) under the Securities Act.

 Accepted: 
 GSO Credit-A Partners
LP 
 By: GSO Capital Partners LP, its Investment Manager 
  

			
		
	By:	 	/s/ Marisa J. Beeney
		 	 Name: Marisa J. Beeney

Title: Authorized Signatory

 The above Purchaser hereby acknowledges receipt of the aggregate principal amount of Series B Notes and the aggregate
number of shares of Purchased Stock as set forth on Schedule 1 hereto. 
 By executing and delivering this Agreement, the above Purchaser
represents that it is (at least one box must be checked): 
 x a “qualified
institutional buyer” as defined in Rule 144A under the Securities Act; and/or 

 ̈ an “accredited investor” as defined in Rule 501(a) under the Securities Act.

  

 Accepted: 
 GSO Special Situations Fund LP 
 By: GSO Capital Partners LP, its investment advisor 

 

			
		
	By:	 	/s/ Marisa J. Beeney
		 	 Name: Marisa J. Beeney

Title: Authorized Signatory

 The above Purchaser hereby acknowledges receipt of the aggregate principal amount of Series B Notes and the aggregate
number of shares of Purchased Stock as set forth on Schedule 1 hereto. 
 By executing and delivering this Agreement, the above Purchaser
represents that it is (at least one box must be checked): 
 x a “qualified
institutional buyer” as defined in Rule 144A under the Securities Act; and/or 

 ̈ an “accredited investor” as defined in Rule 501(a) under the Securities Act.

 Accepted: 
 GSO Special Situations
Overseas Master Fund Ltd. 
 By: GSO Capital Partners LP, its investment advisor 

 

			
		
	By:	 	/s/ Marisa J. Beeney
		 	 Name: Marisa J. Beeney

Title: Authorized Signatory

 The above Purchaser hereby acknowledges receipt of the aggregate principal amount of Series B Notes and the aggregate
number of shares of Purchased Stock as set forth on Schedule 1 hereto. 
 By executing and delivering this Agreement, the above Purchaser
represents that it is (at least one box must be checked): 
 x a “qualified
institutional buyer” as defined in Rule 144A under the Securities Act; and/or 

 ̈ an “accredited investor” as defined in Rule 501(a) under the Securities Act.Four-Year Credit Agreement dated as of December 11, 2012

 Exhibit 10-a 
 EXECUTION COPY 
 U.S. $5,000,000,000 

AMENDED AND RESTATED FOUR YEAR CREDIT AGREEMENT 
 Dated as of December 11, 2012 
 Among 

AT&T INC. 
 as Company 
 and 

THE INITIAL LENDERS NAMED HEREIN 
 as Initial Lenders 
 and 

CITIBANK, N.A. 
 as Administrative Agent 
 and 

CITIGROUP GLOBAL MARKETS INC. 
 JPMORGAN SECURITIES LLC 
 BARCLAYS BANK PLC 

and 
 MERRILL
LYNCH, PIERCE, FENNER & SMITH INCORPORATED 
 as Joint Lead Arrangers and Joint Bookrunners 

and 
 JPMORGAN
CHASE BANK, N.A. 
 as Syndication Agent 
 and 
 BANK OF AMERICA, N.A. 

BARCLAYS BANK PLC 
 and 
 DEUTSCHE BANK SECURITIES INC. 

as Documentation Agents 

 TABLE OF CONTENTS 

 

					
	 ARTICLE I
	  	 	1	  
	 SECTION 1.01. Certain Defined Terms
	  	 	1	  
	 SECTION 1.02. Computation of Time Periods
	  	 	13	  
	 SECTION 1.03. Accounting Terms
	  	 	13	  
	 SECTION 1.04. Allocation of Obligations
	  	 	13	  
		
	 ARTICLE II
	  	 	13	  
	 SECTION 2.01. The Advances
	  	 	13	  
	 SECTION 2.02. Making the Advances
	  	 	14	  
	 SECTION 2.03. Fees
	  	 	15	  
	 SECTION 2.04. Termination or Reduction of the Commitments
	  	 	15	  
	 SECTION 2.05. Repayment of Advances
	  	 	15	  
	 SECTION 2.06. Interest on Advances
	  	 	16	  
	 SECTION 2.07. Interest Rate Determination
	  	 	16	  
	 SECTION 2.08. Optional Conversion of Advances
	  	 	18	  
	 SECTION 2.09. Prepayments of Advances
	  	 	18	  
	 SECTION 2.10. Increased Costs
	  	 	19	  
	 SECTION 2.11. Illegality
	  	 	20	  
	 SECTION 2.12. Payments and Computations
	  	 	20	  
	 SECTION 2.13. Taxes
	  	 	22	  
	 SECTION 2.14. Sharing of Payments, Etc.
	  	 	24	  
	 SECTION 2.15. Evidence of Debt
	  	 	25	  
	 SECTION 2.16. Use of Proceeds
	  	 	25	  
	 SECTION 2.17. Increase in the Aggregate Commitments
	  	 	26	  
	 SECTION 2.18. Extension of Termination Date
	  	 	27	  

					
	 SECTION 2.19. Defaulting Lenders
	  	 	29	  
	 SECTION 2.20. Replacement of Lenders
	  	 	30	  
		
	 ARTICLE III
	  	 	31	  
	 SECTION 3.01. Conditions Precedent to Effectiveness of Section 2.01
	  	 	31	  
	 SECTION 3.02. Initial Advance to Each Designated Subsidiary
	  	 	32	  
	 SECTION 3.03. Initial Advance to Each Designated Subsidiary
	  	 	33	  
	 SECTION 3.04. Conditions Precedent to Each Borrowing, Commitment Increase and Extension Date.
	  	 	34	  
	 SECTION 3.05. Determinations Under Sections 3.01, 3.02 and 3.03
	  	 	35	  
		
	 ARTICLE IV
	  	 	35	  
	 SECTION 4.01. Representations and Warranties
	  	 	35	  
		
	 ARTICLE V
	  	 	36	  
	 SECTION 5.01. Affirmative Covenants
	  	 	36	  
	 SECTION 5.02. Negative Covenants
	  	 	39	  
	 SECTION 5.03. Financial Covenant
	  	 	40	  
		
	 ARTICLE VI
	  	 	40	  
	 SECTION 6.01. Events of Default
	  	 	40	  
		
	 ARTICLE VII
	  	 	43	  
	 SECTION 7.01. Unconditional Guaranty
	  	 	43	  
	 SECTION 7.02. Guaranty Absolute
	  	 	43	  
	 SECTION 7.03. Waivers and Acknowledgments
	  	 	44	  
	 SECTION 7.04. Subrogation
	  	 	45	  
	 SECTION 7.05. Subordination
	  	 	45	  
	 SECTION 7.06. Continuing Guaranty; Assignments
	  	 	46	  

  
 2 

					
	 ARTICLE VIII
	  	 	47	  
	 SECTION 8.01. Authorization and Authority
	  	 	47	  
	 SECTION 8.02. Agent Individually
	  	 	47	  
	 SECTION 8.03. Duties of Agent; Exculpatory Provisions
	  	 	47	  
	 SECTION 8.04. Reliance by Agent
	  	 	48	  
	 SECTION 8.05. Delegation of Duties
	  	 	48	  
	 SECTION 8.06. Resignation of Agent
	  	 	48	  
	 SECTION 8.07. Non-Reliance on Agent and Other Lenders
	  	 	49	  
	 SECTION 8.08. Indemnification
	  	 	49	  
	 SECTION 8.09. Other Agents.
	  	 	50	  
		
	 ARTICLE IX
	  	 	50	  
	 SECTION 9.01. Amendments, Etc.
	  	 	50	  
	 SECTION 9.02. Notices; Effectiveness; Electronic Communication.
	  	 	50	  
	 SECTION 9.03. No Waiver; Remedies
	  	 	52	  
	 SECTION 9.04. Costs and Expenses
	  	 	52	  
	 SECTION 9.05. Binding Effect
	  	 	53	  
	 SECTION 9.06. Assignments and Participations
	  	 	54	  
	 SECTION 9.07. Confidentiality
	  	 	57	  
	 SECTION 9.08. Designated Subsidiaries
	  	 	58	  
	 SECTION 9.09. Governing Law
	  	 	59	  
	 SECTION 9.10. Jurisdiction, Etc.
	  	 	59	  
	 SECTION 9.11. Judgment
	  	 	59	  
	 SECTION 9.12. Substitution of Currency
	  	 	60	  
	 SECTION 9.13. Severability
	  	 	60	  
	 SECTION 9.14. Waiver of Jury Trial
	  	 	61	  

 Schedules 

  
 3 

 Schedule I - List of Applicable Lending Offices 
 Schedule 5.02(a) - Existing Liens 
 Exhibits 

 

					
	 Exhibit A
	  	-	  	Form of Note
			
	 Exhibit B
	  	-	  	Form of Notice of Borrowing
			
	 Exhibit C
	  	-	  	Form of Assignment and Assumption
			
	 Exhibit D
	  	-	  	Form of Opinion of Counsel for the Borrower(s)
			
	 Exhibit E
	  	-	  	Form of Designation Agreement
			
	 Exhibit F
	  	-	  	Form of Co-Borrower Joinder Agreement

  
 4 

 AMENDED AND RESTATED FOUR YEAR CREDIT AGREEMENT 

Dated as of December 11, 2012 
 AT&T INC., a Delaware corporation (the “Company”), the banks, financial institutions and other institutional lenders (the “Initial Lenders”) listed on the signature
pages hereof, CITIGROUP GLOBAL MARKETS INC., J.P. MORGAN SECURITIES LLC, BARCLAYS BANK PLC and MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, as joint lead arrangers and joint bookrunners, JPMORGAN CHASE BANK, N.A., as syndication
agent, BANK OF AMERICA N.A., BARCLAYS BANK PLC and DEUTSCHE BANK SECURITIES INC., as documentation agents, and CITIBANK, N.A. (“Citibank”), as agent (in such capacity, the “Agent”) for the Lenders (as hereinafter
defined), agree as follows: 
 PRELIMINARY STATEMENT. 
 The Company, the lenders parties thereto and Citibank, as agent, were parties to that certain Four Year Credit Agreement dated as of December 6, 2010, effective as of December 20, 2010 and
amended and restated as of December 19, 2011 (the “Existing Credit Agreement”). Subject to the satisfaction of the conditions set forth in Section 3.01, the Company, the parties hereto and Citibank, as Agent, desire to
amend and restate the Existing Credit Agreement as herein set forth and in connection with such amendment and restatement, to substitute as lenders the Lenders listed on Schedule I hereto. 

ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 
 SECTION 1.01. Certain Defined Terms. As used in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms
of the terms defined): 
 “Administrative Questionnaire” means an Administrative Questionnaire
in a form supplied by the Agent. 
 “Advance” means an advance by a Lender to any Borrower as
part of a Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance (each of which shall be a “Type” of Advance). 
 “Affiliate” means, as to any Person, any other Person that, directly or indirectly, controls, is controlled by or is under common control with such Person or is a director or officer of
such Person. For purposes of this definition, the term “control” (including the terms “controlling”, “controlled by” and “under common control with”) of a Person means the possession, direct or indirect, of
the power to vote 15% or more of the Voting Stock of such Person or to direct or cause the direction of the management and policies of such Person, whether through the ownership of Voting Stock, by contract or otherwise; provided,
however, that with respect to the Agent or any Lender, the term “control” (including the terms “controlling”, “controlled by” and “under common control with”) of a Person means the possession, direct or
indirect, of the power to vote 5% or more of the Voting Stock of such Person. 
 “Agent” has the
meaning specified in the preamble hereto. 

 “Agent’s Account” means (a) in the case of
Advances denominated in Dollars, the account of the Agent maintained by the Agent at Citibank at its office at 388 Greenwich Street, New York, New York 10013, Account No. 36852248, Attention: Bank Loan Syndications, (b) in the case of
Advances denominated in any Committed Currency, the account of the Agent designated in writing from time to time by the Agent to the Borrowers and the Lenders for such purpose and (c) in any such case, such other account of the Agent as is
designated in writing from time to time by the Agent to the Borrowers and the Lenders for such purpose. 

“Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic Lending
Office in the case of a Base Rate Advance and such Lender’s Eurocurrency Lending Office in the case of a Eurocurrency Rate Advance. 
 “Applicable Margin” means, as of any date, a percentage per annum determined by reference to the applicable Public Debt Rating in effect on such date as set forth below: 

 

									
	 Public Debt Rating
 S&P/Moody’s/Fitch
	  	Applicable Margin for
Eurocurrency
Rate
Advances	 	 	Applicable Margin for
Base
Advances	 
	 Level 1 A+ / A1 / A+
	  	 	0.565	% 	 	 	0.000	% 
	 Level 2 A / A2 / A
	  	 	0.680	% 	 	 	0.000	% 
	 Level 3 Lower than Level 2
	  	 	0.910	% 	 	 	0.000	% 

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

					
	 Public Debt Rating
 S&P/Moody’s/Fitch
	  	Applicable
Percentage	 
	 Level 1 A+ / A1 / A+
	  	 	0.060	% 
	 Level 2 A / A2 / A
	  	 	0.070	% 
	 Level 3 Lower than Level 2
	  	 	0.090	% 

 “Approved Fund” means any Fund that is administered or managed by
(a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee, and accepted by the Agent, in substantially the form of Exhibit C
hereto. 
 “Assuming Lender” has the meaning specified in Section 2.17(d). 

“Assumption Agreement” has the meaning specified in Section 2.17(d)(ii). 

  
 2 

 “Audited Financial Statements” means (a) for the
Company, the Consolidated balance sheet of the Company and its Subsidiaries as at December 31, 2011, and the related Consolidated statements of income and cash flows of the Company and its Subsidiaries for the fiscal year then ended and
(b) for the Co-Borrower, the Consolidated balance sheet of the Co-Borrower and its Subsidiaries as at the end of the fiscal year ended immediately prior to the Co-Borrower Joinder Date, and the related Consolidated statements of income and cash
flows of the Co-Borrower and its Subsidiaries for the fiscal year then ended. 
 “Bankruptcy
Law” means any proceeding of the type referred to in Section 6.01(e) or Title 11, U.S. Code, or any similar foreign, federal or state law for the relief of debtors. 

“Base Rate” means a fluctuating interest rate per annum in effect from time to time, which rate per annum
shall at all times be equal to the highest of: 
 (a) the rate of interest announced publicly by Citibank in
New York, New York, from time to time, as Citibank’s base rate; 
 (b)  1/2 of one percent per annum above the Federal Funds Rate; and 

(c) the British Bankers Association Interest Settlement Rate applicable to Dollars for a period of one month (“One
Month LIBOR”) plus 1.00% (for the avoidance of doubt, the One Month LIBOR for any day shall be based on the rate appearing on Reuters Screen LIBOR01 Page (or other commercially available source providing such quotations as designated by the
Agent from time to time) at approximately 11:00 a.m. London time on such day). 
 “Base Rate
Advance” means an Advance denominated in Dollars that bears interest as provided in Section 2.06(a)(i). 
 “Board of Directors” shall mean the governing body of a corporation, limited liability company or equivalent business organization. 

“Borrowers” means, collectively, the Company and the Designated Subsidiaries from time to time and, after
the Co-Borrower Joinder Date, the Co-Borrower. 
 “Borrowing” means a borrowing consisting of
simultaneous Advances of the same Type made by each of the Lenders pursuant to Section 2.01. 

“Borrowing Minimum” means, in respect of Advances denominated in Dollars, $10,000,000, in respect of
Advances denominated in Sterling, £10,000,000 and, in respect of Advances denominated in Euros, €10,000,000. 
 “Borrowing Multiple” means, in respect of Advances denominated in Dollars, $1,000,000 in respect of Advances denominated in Sterling, £1,000,000 and, in respect of Advances
denominated in Euros, €1,000,000. 
 “Business Day” means a day of the year on which banks
are not required or authorized by law to close in New York City and, if the applicable Business Day relates to any Eurocurrency Rate Advances, on which dealings are carried on in the London interbank market and banks are open for business in
London or, in the case of an Advance denominated in Euro, on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System is open. 

  
 3 

 “Co-Borrower” means AT&T Mobility II LLC, a Delaware
limited liability company. 
 “Co-Borrower Joinder Agreement” means an agreement in the form of
Exhibit F hereto duly executed by the Co-Borrower, the Company, the Agent and each Lender. 

“Co-Borrower Joinder Date” has the meaning specified in Section 3.03. 

“Co-Borrower Sublimit” means the aggregate amount of the Commitments available to be borrowed by the
Co-Borrower, as specified in the Co-Borrower Joinder Agreement, as such amount may be increased pursuant to Section 2.17. 
 “Commitment” means as to any Lender (a) the Dollar amount set forth under the caption “Commitments” opposite such Lender’s name on Schedule I hereto, (b) if such
Lender has become a Lender hereunder pursuant to an Assumption Agreement, the Dollar amount set forth in such Assumption Agreement, or (c) if such Lender has entered into any Assignment and Assumption, the Dollar amount set forth for such
Lender in the Register maintained by the Agent pursuant to Section 9.06(c), as such amount may be reduced pursuant to Section 2.04 or increased pursuant to Section 2.17. 

“Commitment Date” has the meaning specified in Section 2.17(b). 

“Commitment Increase” has the meaning specified in Section 2.17(a). 

“Committed Currencies” means lawful currency of the United Kingdom of Great Britain and Northern Ireland
and Euros. 
 “Communications” has the meaning specified in Section 9.02(d). 

“Confidential Information” means information that is furnished to the Agent or any Lender by or on behalf
of any Borrower, but does not include any such information that is or becomes generally available to the public (other than as a result of a violation of this Agreement). 

“Consenting Lender” has the meaning specified in Section 2.18(b). 

“Consolidated” refers to the consolidation of accounts in accordance with GAAP. 

“Consolidated EBITDA” means, for any Person for any period, Consolidated Net Income of such Person for
such period adjusted to exclude the effects of (a) gains or losses from discontinued operations, (b) any extraordinary or other non-recurring non-cash gains or losses (including non-cash restructuring charges), (c) accounting changes
including any changes to Accounting Standards Codification 715 (or any subsequently adopted standards relating to pension and postretirement benefits) adopted by the Financial Accounting Standards Board after the date hereof (d) interest
expense, (e) income tax expense or benefit, (f) depreciation, amortization and other non-cash charges (including actuarial gains or losses from pension and postretirement plans), (g) interest income, (h) equity income and losses,
and (i) other non-operating income or expense. For the purpose of calculating Consolidated EBITDA for any Person for any period, if during such period such Person or any Subsidiary of such Person shall have made a Material Acquisition or
Material Disposition, Consolidated EBITDA for such period 

  
 4 

 
shall be calculated after giving pro forma effect to such Material Acquisition or Material Disposition as if such Material Acquisition or Material Disposition occurred on the first day of such
period. “Material Acquisition” means any acquisition or series of related acquisitions that involves consideration (including non-cash consideration) with a fair market value, as of the date of the closing thereof, in excess of
$10,000,000,000. “Material Disposition” means any disposition of property or series of related dispositions of property that involves consideration (including non-cash consideration) with a fair market value, as of the date of the
closing thereof, in excess of $1,000,000,000. 
 “Consolidated Net Income” means, for any Person
for any period, the net income of such Person and its Consolidated Subsidiaries, determined on a Consolidated basis for such period in accordance with GAAP. 
 “Contribution Percentage” means (a) in respect of the Company and the Designated Subsidiaries (i) prior to the Co-Borrower Joinder Date, 100% and (ii) on and after the
Co-Borrower Joinder Date, a fraction, expressed as a percentage, the numerator of which is the aggregate amount of the Commitments and the denominator of which is the sum of (x) the aggregate amount of the Commitments and (y) the
Co-Borrower Sublimit and (b) in respect of the Co-Borrower, a fraction, expressed as a percentage, the numerator of which is the Co-Borrower Sublimit and the denominator of which is the sum of (x) the aggregate amount of the Commitments
and (y) the Co-Borrower Sublimit. 
 “Convert”, “Conversion” and
“Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.07 or 2.08. 
 “Debt” of any Person means, without duplication, (a) all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b) all obligations
of such Person evidenced by bonds, debentures, notes or similar instruments and (c) all guarantees by such Person of Debt of others. 
 “Debt for Borrowed Money” of any Person means all items that, in accordance with GAAP, would be classified as indebtedness on a Consolidated balance sheet of such Person. 

“Default” means any Event of Default or any event that would constitute an Event of Default but for the
requirement that notice be given or time elapse or both. 
 “Defaulting Lender” means, subject
to Section 2.19(d), at any time, any Lender that, at such time (a) has failed to perform any of its funding obligations hereunder, including in respect of its Advances, within two Business Days of the date required to be funded by it
hereunder, (b) has notified any Borrower or the Agent that it does not intend to comply with its funding obligations or has made a public statement to that effect with respect to its funding obligations hereunder or generally under other
agreements in which it commits to extend credit, (c) has failed, within three Business Days after written request by the Agent or any Borrower (based on its reasonable belief that such Lender may not fulfill its funding obligations hereunder),
to confirm in a manner reasonably satisfactory to the Agent and the Borrowers that it will comply with its funding obligations hereunder, provided that such Lender shall cease to be a Defaulting Lender upon receipt of such confirmation by, in
form and substance reasonably acceptable to, the Agent and the Borrowers, (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any debtor relief law, (ii) had a receiver,
conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a custodian appointed for it, or (iii) taken any action in

  
 5 

 
furtherance of, or indicated its consent to, approval of or acquiescence in any such proceeding or appointment, or (e) shall generally not pay its debts as those debts come due or shall
admit in writing its inability to pay its debts or shall become insolvent; provided that a Lender shall not be a Defaulting Lender solely by virtue of the control, ownership or acquisition of any equity interest in that Lender or any direct
or indirect parent company thereof by a governmental authority, so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments
or writs of attachment on its assets or permit such Lender (or such governmental authority or instrumentality) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. 

“Designated Subsidiary” means any direct or indirect wholly-owned Subsidiary of the Company designated
for borrowing privileges under this Agreement pursuant to Section 9.08. 
 “Designation
Agreement” means, with respect to any Designated Subsidiary, an agreement in the form of Exhibit E hereto duly executed by such Designated Subsidiary and the Company. 

“Dollars” and the “$” sign each means lawful currency of the United States of America.

 “Domestic Lending Office” means, with respect to any Lender, the office of such Lender
specified as its “Domestic Lending Office” in its Administrative Questionnaire delivered to the Agent, or such other office of such Lender as such Lender may from time to time specify to the Borrowers and the Agent. 

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

“Eligible Assignee” means (i) a Lender or an Affiliate of a Lender, but only if such Lender and its
Affiliates hold, and after giving effect to a proposed assignment will hold, interests in less than 15% of the then outstanding Advances or Commitments, as applicable, whether as a Lender or a participant (it being understood that the assignor shall
be entitled to rely conclusively on, and the assignment shall have been validly consummated based upon, the representation and warranty made by the assignee in the Assignment and Assumption regarding the foregoing), and (ii) any bank, financial
institution or other institutional lender approved by the Agent and, unless an Event of Default has occurred and is continuing at the time any assignment is effected in accordance with Section 9.06, the Company and, after the Co-Borrower
Joinder Date, the Co-Borrower, such approvals not to be unreasonably withheld or delayed; provided, however, that neither any Borrower nor an Affiliate of a Borrower shall qualify as an Eligible Assignee. 

“Equivalent” in Dollars of any Committed Currency on any date means the equivalent in Dollars of such
Committed Currency determined by using the quoted spot rate at which the Agent’s principal office in London offers to exchange Dollars for such Committed Currency in London at approximately 4:00 P.M. (London time) (unless otherwise indicated by
the terms of this Agreement) on such date as is required pursuant to the terms of this Agreement, and the “Equivalent” in any Committed Currency of Dollars means the equivalent in such Committed Currency of Dollars determined by using the
quoted spot rate at which the Agent’s principal office in London offers to exchange such Committed Currency for Dollars in London at approximately 4:00 P.M. (London time) (unless otherwise indicated by the terms of this Agreement) on such date
as is required pursuant to the terms of this Agreement. 

  
 6 

 “ERISA” means the Employee Retirement Income Security Act
of 1974, as amended from time to time, and the regulations promulgated and rulings issued thereunder. 

“ERISA Affiliate” means any Person that for purposes of Title IV of ERISA is a member of the
Company’s controlled group, or under common control with the Company, within the meaning of Section 414 of the Internal Revenue Code. 
 “Euro” means the lawful currency of the European Union as constituted by the Treaty of Rome which established the European Community, as such treaty may be amended from time to time and
as referred to in the legislative measures of the European Council for the introduction of, changeover to or operation of a single or unified European currency. 
 “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office” in its Administrative Questionnaire
delivered to the Agent, or such other office of such Lender as such Lender may from time to time specify to the Borrowers and the Agent. 
 “Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the Board of Governors of the Federal Reserve System, as in effect from time to time. 

“Eurocurrency Rate” means, for any Interest Period for each Eurocurrency Rate Advance comprising part of
the same Borrowing, an interest rate per annum equal to the rate per annum obtained by dividing (a) the rate per annum (rounded upward to the nearest whole multiple of 1/16 of 1% per annum) appearing on Reuters Screen LIBOR01 Page (or any
successor page) as the London interbank offered rate for deposits in Dollars or the applicable Committed Currency at approximately 11:00 A.M. (London time) two Business Days prior to the first day of such Interest Period for a term comparable to
such Interest Period or, if for any reason such rate is not available, the average (rounded upward to the nearest whole multiple of 1/16 of 1% per annum, if such average is not such a multiple) of the rate per annum at which deposits in
Dollars or the applicable Committed Currency are offered by the principal office of each of the Reference Banks in London, England to prime banks in the London interbank market at 11:00 A.M. (London time) two Business Days before the first day
of such Interest Period in an amount substantially equal to such Reference Bank’s Eurocurrency Rate Advance comprising part of such Borrowing to be outstanding during such Interest Period and for a period equal to such Interest Period by
(b) a percentage equal to 100% minus the Eurocurrency Rate Reserve Percentage for such Interest Period. If the Reuters Screen LIBOR01 Page (or any successor page) is unavailable, the Eurocurrency Rate for any Interest Period for each
Eurocurrency Rate Advance comprising part of the same Borrowing shall be determined by the Agent on the basis of applicable rates furnished to and received by the Agent from the Reference Banks two Business Days before the first day of such Interest
Period, subject, however, to the provisions of Section 2.07. 
 “Eurocurrency Rate
Advance” means an Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.06(a)(ii). 
 “Eurocurrency Rate Reserve Percentage” for any Interest Period for all Eurocurrency Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two
Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without
limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with
respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurocurrency Rate Advances is determined) having a term equal to such Interest Period. 

  
 7 

 “Events of Default” has the meaning specified in
Section 6.01. 
 “Extension Date” has the meaning specified in Section 2.18(b).

 “FATCA” means Sections 1471 though 1474 of the Internal Revenue Code, as in effect on the
date hereof. 
 “Federal Funds Rate” means, for any period, a fluctuating interest rate per
annum equal for each day during such period to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not
a Business Day, for the next preceding Business Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by
the Agent from three Federal funds brokers of recognized standing selected by it. 
 “Fitch”
means Fitch, Inc. 
 “Fund” means any Person (other than a natural Person) that is (or will be)
engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 
 “GAAP” has the meaning specified in Section 1.03. 
 “Hedge Agreements” means interest rate swap, cap or collar agreements, interest rate future or option contracts, currency swap agreements, currency future or option contracts and other
similar agreements. 
 “Increase Date” has the meaning specified in Section 2.17(a).

 “Increasing Lender” has the meaning specified in Section 2.17(b). 

“Information Memorandum” means the information memorandum dated November 16, 2012 used by the Agent
in connection with the syndication of the Commitments. 
 “Indemnified Party” has the meaning
specified in Section 9.04(b). 
 “Initial Lenders” has the meaning specified in the
preamble hereto. 
 “Interest Period” means, for each Eurocurrency Rate Advance comprising part
of the same Borrowing, the period commencing on the date of such Eurocurrency Rate Advance or the date of the Conversion of any Base Rate Advance into such Eurocurrency Rate Advance and ending on the last day of the period selected by the applicable
Borrower pursuant to the provisions below and, thereafter, each subsequent period commencing on the last day of the immediately preceding Interest Period and ending on the last day of the period selected by such Borrower pursuant to the provisions
below. The duration of each such Interest Period shall be one, two, three or six months as a Borrower may, upon notice received by the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the first day of
such Interest Period, select; provided, however, that: 

  
 8 

 (a) no Borrower may select any Interest Period that ends after any
Termination Date if, after giving effect thereto, the amount of such Borrowing would exceed the Commitments of Lenders for which a later Termination Date applies; 

(b) Interest Periods commencing on the same date for Eurocurrency Rate Advances comprising part of the same Borrowing
shall be of the same duration; 
 (c) whenever the last day of any Interest Period would otherwise occur on a day
other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day, provided, however, that, if such extension would cause the last day of such Interest Period to occur in the
next following calendar month, the last day of such Interest Period shall occur on the next preceding Business Day; and 
 (d) whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no numerically corresponding day in the calendar month that succeeds such initial calendar
month by the number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar month. 

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended from time to time, and the
regulations promulgated and rulings issued thereunder. 
 “Lenders” means the Initial Lenders,
each Assuming Lender that shall become a party hereto pursuant to Section 2.17 or 2.18 and each Person that shall become a party hereto pursuant to Section 9.06. 

“Lien” means any lien, security interest or other charge or encumbrance of any kind, or any other type of
preferential arrangement, including, without limitation, the lien or retained security title of a conditional vendor. 
 “Material Adverse Change” means any change, development or event that, individually or in the aggregate, has had or would reasonably be expected to have a material adverse effect on the
financial condition, properties, assets, liabilities, business or results of operations of the applicable Borrower and its Subsidiaries, taken as a whole. 
 “Material Adverse Effect” means a material adverse effect on (a) the financial condition, properties, assets, liabilities, business or results of operations of the applicable
Borrower and its Subsidiaries, taken as a whole, (b) the material rights and remedies of the Agent or any Lender under this Agreement or any Note or (c) the ability of such Borrower to perform its payment obligations under this Agreement
or any Note. 
 “Moody’s” means Moody’s Investors Service, Inc. 

“Multiple Employer Plan” means a single employer plan, as defined in Section 4001(a)(15) of ERISA,
that (a) is maintained for employees of the Company or any ERISA Affiliate and at least one Person other than the Company and the ERISA Affiliates or (b) was so maintained and in respect of which the Company or any ERISA Affiliate could
have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 

  
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 “Net Tangible Assets” means, at any date, with respect to
any Borrower, the total assets appearing on the most recently prepared Consolidated balance sheet of such Borrower and its Subsidiaries as of the end of the most recent fiscal quarter of such Borrower for which such balance sheet is available,
prepared in accordance with GAAP, less (a) all current liabilities as shown on such balance sheet and (b) the value (net of any applicable reserves), as shown on such balance sheet of (i) all trade names, trademarks, licenses,
patents, copyrights and goodwill, (ii) organizational costs and (iii) deferred charges (other than prepaid items such as insurance, taxes, interest, commissions, rents and similar items and tangible assets being amortized). 

“Non-Consenting Lender” has the meaning specified in Section 2.18(b). 

“Note” means a promissory note of any Borrower payable to the order of any Lender, delivered pursuant to
a request made under Section 2.15 in substantially the form of Exhibit A hereto, evidencing the aggregate indebtedness of such Borrower to such Lender resulting from the Advances made by such Lender. 

“Notice of Borrowing” has the meaning specified in Section 2.02(a). 

“Other Taxes” has the meaning specified in Section 2.13(b). 

“Participant Register” has the meaning specified in Section 9.06(d). 

“Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to
Intercept and Obstruct Terrorism Act of 2001, Pub. L. 107-56, as it may be amended or otherwise modified from time to time. 
 “Payment Office” means, for any Foreign Currency, such office of Citibank as shall be from time to time selected by the Agent and notified by the Agent to the Borrowers and the Lenders.

 “Permitted Liens” means such of the following as to which no enforcement, collection,
execution, levy or foreclosure proceeding shall have been commenced: (a) Liens for taxes, assessments and governmental charges or levies to the extent not required to be paid under Section 5.01(b) hereof; (b) Liens imposed by law,
such as materialmen’s, mechanics’, carriers’, workmen’s and repairmen’s Liens and other similar Liens arising in the ordinary course of business securing obligations that are not overdue for a period of more than 30 days;
(c) pledges or deposits to secure obligations under workers’ compensation laws or similar legislation or to secure public or statutory obligations; (d) easements, rights of way and other encumbrances on title to real property that do
not render title to the property encumbered thereby unmarketable or materially adversely affect the use of such property for its present purposes; (e) any interest or title of a lessor or sublessor under, and Liens arising from Uniform
Commercial Code financing statements (or equivalent filings, registrations or agreements in foreign jurisdictions) relating to, leases and subleases entered into by the applicable Borrower or any of its Subsidiaries in the ordinary course of its
business and covering only the assets so leased or subleased; (f) Liens that are contractual rights of set-off generally; (g) licenses, sublicenses, leases or subleases of intellectual property granted to Persons who are not Affiliates of
the applicable Borrower in the ordinary course of business not interfering in any material respect with the business of the applicable Borrower or any of its Subsidiaries; and (h) Liens on deposit or securities accounts

  
 10 

 
arising solely by virtue of any statutory or common law provisions or ordinary course contractual provisions, in each case, relating to banker’s Liens, rights of set-off or similar rights
and remedies for account and transaction fees and other amounts due to the depository institution or securities intermediary where any deposit, securities or brokerage accounts are maintained so long as the amounts subject to such Liens do not
secure Debt. 
 “Person” means an individual, partnership, corporation (including a business
trust), joint stock company, trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 

“Plan” means a Single Employer Plan or a Multiple Employer Plan. 

“Platform” has the meaning specified in Section 9.02(d). 

“Public Debt Rating” means, as of any date (x) in the case of the determination of the Applicable
Margin or the Applicable Percentage in respect of the Company or any Designated Subsidiary, the rating that has been most recently announced by any of S&P, Moody’s or Fitch, as the case may be, for any class of non-credit enhanced long-term
senior unsecured debt issued by the Company or, if any such rating agency shall have issued more than one such rating, the lowest such rating issued by such rating agency and (y) in the case of the determination of the Applicable Margin or the
Applicable Percentage in respect of the Co-Borrower, the rating that has been most recently announced by any of S&P, Moody’s or Fitch, as the case may be, for any class of non-credit enhanced long-term senior unsecured debt issued by the
Co-Borrower or, if any such rating agency shall have issued more than one such rating, the lowest such rating issued by such rating agency; provided, that if such rating agency does not issue a rating for any class of non-credit enhanced
long-term senior unsecured debt issued by the Co-Borrower, “Public Debt Rating” shall mean the corporate credit rating of the Co-Borrower most recently announced by such rating agency. For purposes of the foregoing, (a) if only one of
S&P, Moody’s and Fitch shall have in effect a Public Debt Rating, the Applicable Margin and the Applicable Percentage shall be determined by reference to the available rating; (b) if none of S&P, Moody’s or Fitch shall have in
effect a Public Debt Rating, the Applicable Margin and the Applicable Percentage will be set in accordance with Level 3 under the definition of “Applicable Margin” or “Applicable Percentage”, as the case may
be; (c) if the ratings established by S&P, Moody’s and Fitch fall within different levels, the Applicable Margin and the Applicable Percentage shall be based upon the highest rating, unless the lowest of such ratings is more than one
level below the highest of such ratings, in which case the Applicable Margin and the Applicable Percentage shall be based upon the rating that is one level above the lowest of such ratings; (d) if any rating established by S&P, Moody’s
or Fitch shall be changed, such change shall be effective as of the date on which such change is first announced publicly by the rating agency making such change; and (e) if S&P, Moody’s or Fitch shall change the basis on which ratings
are established, each reference to the Public Debt Rating announced by S&P, Moody’s or Fitch, as the case may be, shall refer to the then equivalent rating by S&P, Moody’s or Fitch, as the case may be. 

“Quarterly Financial Statements” means (a) for the Company, the Consolidated balance sheet of the
Company and its Subsidiaries as at September 30, 2012, and the related Consolidated statements of income and cash flows of the Company and its Subsidiaries for the nine month period then ended and (b) for the Co-Borrower, the Consolidated
balance sheet of the Co-Borrower and its Subsidiaries as at the end of the fiscal quarter ended immediately prior to the Co-Borrower Joinder Date, and the related Consolidated statements of income and cash flows of the Co-Borrower and its
Subsidiaries for the quarter period then ended. 

  
 11 

 “Receivables Securitization” means sales of accounts
receivable of the applicable Borrower or any of its Subsidiaries in connection with agreements for limited recourse or non-recourse sales by such Borrower or Subsidiary for cash, provided that (a) any such agreement is of a type and on
terms customary for comparable transactions in the good faith judgment of the Board of Directors of such Borrower or Subsidiary and (b) such agreement does not create any interest in any asset other than accounts receivable (and property
securing or otherwise supporting accounts receivable) and proceeds of the foregoing. 
 “Reference
Banks” means Citibank, Bank of America, N.A., Deutsche Bank AG New York Branch, JPMorgan Chase Bank, N.A. and Barclays Bank PLC. 
 “Register” has the meaning specified in Section 9.06(c). 
 “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents and advisors of such Person and of such
Person’s Affiliates. 
 “Required Lenders” means at any time Lenders owed at least a
majority in interest of the then aggregate unpaid principal amount (based on the Equivalent in Dollars at such time) of the Advances owing to Lenders, or, if no such principal amount is then outstanding, Lenders having at least a majority in
interest of the Commitments, provided that (a) if any Lender shall be a Defaulting Lender at such time, there shall be excluded from the determination of Required Lenders at such time the Advances or Commitments, as applicable, of such
Lender at such time and (b) if any Lender and its Affiliates shall hold Advances or Commitments of 15% or more of the then outstanding Advances or Commitments, as applicable, such excess shall be excluded from the determination of Required
Lenders, unless the Company and, after the Co-Borrower Joinder Date, the Co-Borrower has consented to such aggregate holdings. 
 “S&P” means Standard & Poor’s Financial Services LLC. 
 “Single Employer Plan” means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Company or any ERISA Affiliate and
no Person other than the Company and the ERISA Affiliates or (b) was so maintained and in respect of which the Company or any ERISA Affiliate could have liability under Section 4069 of ERISA in the event such plan has been or were to be
terminated. 
 “Subsidiary” of any Person means any corporation, partnership, joint venture,
limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of
whether at the time capital stock of any other class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such limited liability company,
partnership or joint venture or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such
Person’s other Subsidiaries. 
 “Termination Date” means the earlier of
(a) December 11, 2016, subject to the extension thereof pursuant to Section 2.18, and (b) the date of termination in whole of the Commitments pursuant to Section 2.04 or 6.01; provided, however, that the
Termination Date of any Lender that is a Non-Consenting Lender to any requested extension pursuant to Section 2.18 shall be the Termination Date in effect immediately prior to the applicable Extension Date for all purposes of this Agreement.

  
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 “Voting Stock” means capital stock issued by a corporation,
or equivalent interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right to so vote
has been suspended by the happening of such a contingency. 
 SECTION 1.02. Computation of Time Periods. In this
Agreement in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but
excluding”. 
 SECTION 1.03. Accounting Terms. All accounting terms not specifically defined herein shall be
construed in accordance with generally accepted accounting principles consistent with those applied in the preparation of the Audited Financial Statements (“GAAP”); provided that whether a lease constitutes a capital lease or
an operating lease shall be determined based on GAAP as in effect on the date hereof, notwithstanding any modification or interpretative change thereto after the date hereof, and provided further that all terms of an accounting or financial
nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made (i) without giving effect to any election under Accounting Standards Codification 825-10-25 (or any other Accounting Standards
Codification or Financial Accounting Standard having a similar result or effect) to value any Debt or other liabilities of any Borrower or any Subsidiary thereof at “fair value”, as defined therein and (ii) without giving effect to
any treatment of Debt in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such
Debt in a reduced or bifurcated manner as described therein, and such Debt shall at all times be valued at the full stated principal amount thereof. 
 SECTION 1.04. Allocation of Obligations. The obligations of the Company (including any Designated Subsidiaries) and the Co-Borrower under this Agreement shall be several and not joint. Except to
the extent otherwise expressly provided in Article VII, obligations arising to the Agent or the Lenders pertaining to any Advance hereunder shall be obligations of the Borrower to whom such Advance was made, and neither of the Company nor the
Co-Borrower shall be liable for any portion of any obligation of, or any amount allocated to, the other such Borrower. Any obligation that is to be allocated between the Company and the Co-Borrower shall be so allocated on the basis of the
Contribution Percentages. 
 ARTICLE II 
 AMOUNTS AND TERMS OF THE ADVANCES 
 SECTION 2.01. The Advances. Each Lender
severally agrees, on the terms and conditions hereinafter set forth, to make Advances to any Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date applicable to such Lender in an
aggregate amount (based in respect of any Advances to be denominated in a Committed Currency by reference to the Equivalent thereof in Dollars determined on the date of delivery of the applicable Notice of Borrowing) not to exceed at any time
outstanding such Lender’s Commitment. Each Borrowing shall be in an amount not less than the Borrowing Minimum or the Borrowing Multiple in excess thereof and shall consist of Advances of the same Type made on the same day by the Lenders
ratably according to their respective Commitments. Within the limits of each Lender’s Commitment, the Borrowers may borrow under this Section 2.01, prepay pursuant to Section 2.09 and reborrow under this Section 2.01. 

  
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 SECTION 2.02. Making the Advances. (a) Each Borrowing shall be made on notice,
given not later than (x) 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Borrowing in the case of a Borrowing consisting of Eurocurrency Rate Borrowing consisting of Eurocurrency Rate
Advances denominated in Dollars, (y) 4:00 P.M. (London time) on the third Business Day prior to the date of the proposed Borrowing in the case of a Borrowing consisting of Eurocurrency Rate Advances denominated in any Committed Currency, or
(z) 11:00 A.M. (New York City time) on the date of the proposed Borrowing in the case of a Borrowing consisting of Base Rate Advances, by any Borrower to the Agent, which shall give to each Lender prompt notice thereof by telecopier. Each such
notice of a Borrowing (a “Notice of Borrowing”) shall be by telephone, confirmed immediately in writing, or telecopier in substantially the form of Exhibit B hereto, specifying therein the requested (i) date of such
Borrowing, (ii) Type of Advances comprising such Borrowing, (iii) aggregate amount of such Borrowing, and (iv) in the case of a Borrowing consisting of Eurocurrency Rate Advances, initial Interest Period and currency for each such
Advance. Each Lender shall, before 1:00 P.M. (New York City time) on the date of such Borrowing, in the case of a Borrowing consisting of Advances denominated in Dollars, and before 11:00 A.M. (London time) on the date of such
Borrowing, in the case of a Borrowing consisting of Eurocurrency Rate Advances denominated in any Committed Currency, make available for the account of its Applicable Lending Office to the Agent at the applicable Agent’s Account, in same day
funds, such Lender’s ratable portion of such Borrowing. After the Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article III, the Agent will make such funds available to the Borrower
requesting the Borrowing at the Agent’s address referred to in Section 9.02 or at the applicable Payment Office, as the case may be. 
 (b) Anything in subsection (a) above to the contrary notwithstanding, (i) no Borrower may select Eurocurrency Rate Advances for any Borrowing if the aggregate amount of such Borrowing is less
than the Borrowing Minimum or if the obligation of the Lenders to make Eurocurrency Rate Advances shall then be suspended pursuant to Section 2.07 or 2.11 and (ii) the Eurocurrency Rate Advances may not be outstanding as part of more than
12 separate Borrowings. 
 (c) Each Notice of Borrowing shall be irrevocable and binding on the Borrower requesting the
Borrowing. In the case of any Borrowing that the related Notice of Borrowing specifies is to be comprised of Eurocurrency Rate Advances, the Borrower requesting such Borrowing shall indemnify each Lender against any loss, cost or expense incurred by
such Lender as a result of any failure to fulfill on or before the date specified in such Notice of Borrowing for such Borrowing the applicable conditions set forth in Article III, including, without limitation, any loss (excluding loss of
anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Advance to be made by such Lender as part of such Borrowing when such Advance, as a result of
such failure, is not made on such date. 
 (d) Unless the Agent shall have received notice from a Lender prior to the time of
any Borrowing that such Lender will not make available to the Agent such Lender’s ratable portion of such Borrowing, the Agent may assume that such Lender has made such portion available to the Agent on the date of such Borrowing in accordance
with subsection (a) of this Section 2.02 and the Agent may, in reliance upon such assumption, make available to the Borrower requesting such Borrowing on such date a corresponding amount. If and to the extent that such Lender shall not
have so made such ratable portion available to the Agent, such Lender and such Borrower severally agree to repay to the Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is
made available to such Borrower until the date such amount is repaid to the Agent, at (i) in the 

  
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case of a Borrower, the higher of (A) the interest rate applicable at the time to Advances comprising such Borrowing and (B) the cost of funds incurred by the Agent in respect of such
amount and (ii) in the case of such Lender, (A) the Federal Funds Rate in the case of Advances denominated in Dollars or (B) the cost of funds incurred by the Agent in respect of such amount in the case of Advances denominated in
Committed Currencies. If such Lender shall repay to the Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Advance as part of such Borrowing for purposes of this Agreement. 

(e) The failure of any Lender to make the Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its
obligation, if any, hereunder to make its Advance on the date of such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Advance to be made by such other Lender on the date of any Borrowing. 

SECTION 2.03. Fees. (a) Facility Fee. Each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower
severally agrees to pay to the Agent for the account of each Lender a facility fee on the amount of such Borrower’s Contribution Percentage of such Lender’s Commitment then in effect from the Effective Date in the case of each Initial
Lender and from the effective date specified in the Assumption Agreement or the Assignment and Assumption pursuant to which it became a Lender in the case of each other Lender until the earlier of the Termination Date applicable to such Lender and
the Termination Date applicable to the Company and the Designated Subsidiaries or applicable to the Co-Borrower, as the case may be, at a rate per annum equal to the Applicable Percentage in effect from time to time, payable in arrears quarterly on
the last day of each March, June, September and December, commencing March 31, 2013, and on the Termination Date applicable to the Company and the Designated Subsidiaries or applicable to the Co-Borrower, as the case may be; provided
that no Defaulting Lender shall be entitled to receive any facility fee in respect of its Commitment for any period during which that Lender is a Defaulting Lender except to the extent allocable to the outstanding principal amount of Advances funded
by such Defaulting Lender (and no Borrower shall be required to pay such fee that otherwise would have been required to have been paid to that Defaulting Lender). 
 (b) Agent’s Fees. Each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower severally shall pay to the Agent for its own account such fees as may from time to time be agreed
between such Borrower and the Agent. 
 SECTION 2.04. Optional Termination or Reduction of the Commitments. (a) The
Company shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce ratably in part the unused portions of the respective Commitments of the Lenders, provided that
(i) each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) without the consent of the Co-Borrower, the Commitments may not be reduced to an amount less than
the Co-Borrower Sublimit. (b) The Co-Borrower shall have the right, upon at least three Business Days’ notice to the Agent, to terminate in whole or permanently reduce in part the unused Co-Borrower Sublimit, provided that
(i) each partial reduction shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) each such reduction shall be applied to the respective Commitments of the Lenders ratably.

 SECTION 2.05. Repayment of Advances. The Borrowers shall repay to the Agent for the ratable account of each Lender on
the Termination Date applicable to such Lender the aggregate principal amount of the Advances made by such Lender then outstanding. 

  
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 SECTION 2.06. Interest on Advances. (a) Scheduled Interest. Each Borrower
shall pay interest on the unpaid principal amount of each Advance made to it owing to each Lender from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum: 

(i) Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all
times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such
periods and on the date such Base Rate Advance shall be Converted or paid in full. 
 (ii) Eurocurrency Rate
Advances. During such periods as such Advance is a Eurocurrency Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period for such Advance
plus (y) the Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest
Period every three months from the first day of such Interest Period and on the date such Eurocurrency Rate Advance shall be Converted or paid in full. 
 (b) Default Interest. (i) Upon the occurrence and during the continuance of an Event of Default under Section 6.01(a) with respect to the Company or any Designated Subsidiary, the Agent
shall, and upon the occurrence and during the continuance of any other Event of Default with respect to the Company or any Designated Subsidiary, the Agent may, and upon the request of the Required Lenders shall, require such Borrower to pay
interest (“Default Interest”) and (ii) upon the occurrence and during the continuance of an Event of Default under Section 6.01(a) with respect to the Co-Borrower, the Agent shall, and upon the occurrence and during the
continuance of any other Event of Default with respect to the Co-Borrower, the Agent may, and upon the request of the Required Lenders shall, require the Co-Borrower to pay Default Interest on (A) the unpaid principal amount of each Advance
made to the Company or any Designated Subsidiary or made to the Co-Borrower, as applicable, owing to each Lender, payable in arrears on the dates referred to in clause (a)(i) or (a)(ii) above, at a rate per annum equal at all times to
2% per annum above the rate per annum required to be paid on such Advance pursuant to clause (a)(i) or (a)(ii) above and (B) to the fullest extent permitted by law, the amount of any interest, fee or other amount payable hereunder by
the Company or any Designated Subsidiary or by the Co-Borrower, as applicable, that is not paid when due, from the date such amount shall be due until such amount shall be paid in full, payable in arrears on the date such amount shall be paid in
full and on demand, at a rate per annum equal at all times to 2% per annum above the rate per annum required to be paid on Base Rate Advances pursuant to clause (a)(i) above, provided, however, that following acceleration of
the Advances made to the Company or any Designated Subsidiary or made to the Co-Borrower, as applicable, pursuant to Section 6.01, Default Interest shall accrue and be payable hereunder whether or not previously required by the Agent.

 SECTION 2.07. Interest Rate Determination. (a) Each Reference Bank agrees to furnish to the Agent timely
information for the purpose of determining each Eurocurrency Rate. If any one or more of the Reference Banks shall not furnish such timely information to the Agent for the purpose of determining any such interest rate, the Agent shall determine such
interest rate on the basis of timely information furnished by the remaining Reference Banks. The Agent shall give prompt notice to the applicable Borrower and the Lenders of the applicable interest rate determined by the Agent for purposes of
Section 2.06(a)(i) or (ii), and the rate, if any, furnished by each Reference Bank for the purpose of determining the interest rate under Section 2.06(a)(ii). 

  
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 (b) If, with respect to any Eurocurrency Rate Advances, the Required Lenders notify the
Agent that (i) they are unable to obtain matching deposits in the London inter-bank market at or about 11:00 A.M. (London time) on the second Business Day before the making of a Borrowing in sufficient amounts to fund their respective Advances
as a part of such Borrowing during its Interest Period or (ii) the Eurocurrency Rate for any Interest Period for such Advances will not adequately reflect the cost to such Required Lenders of making, funding or maintaining their respective
Eurocurrency Rate Advances for such Interest Period, the Agent shall forthwith so notify the applicable Borrower and the Lenders, whereupon (A) such Borrower will, on the last day of the then existing Interest Period therefor (1) if such
Eurocurrency Rate Advances are denominated in Dollars, either (x) prepay such Advances or (y) Convert such Advances into Base Rate Advances and (2) if such Eurocurrency Rate Advances are denominated in any Committed Currency, either
(x) prepay such Advances or (y) exchange such Advances into an Equivalent amount of Dollars and Convert such Advances into Base Rate Advances and (B) the obligation of the Lenders to make, or to Convert Advances into, Eurocurrency
Rate Advances shall be suspended until the Agent shall notify such Borrower and the Lenders that the circumstances causing such suspension no longer exist; provided that, if the circumstances set forth in clause (ii) above are
applicable, such Borrower may elect, by notice to the Agent and the Lenders, to continue such Advances in such Committed Currency for Interest Periods of not longer than one month, which Advances shall thereafter bear interest at a rate per annum
equal to the Applicable Margin plus, for each Lender, the cost to such Lender (expressed as a rate per annum) of funding its Eurocurrency Rate Advances by whatever means it reasonably determines to be appropriate. Each Lender shall certify its cost
of funds for each Interest Period to the Agent and the applicable Borrower as soon as practicable (but in any event not later than ten Business Days after the first day of such Interest Period). 

(c) If any Borrower shall fail to select the duration of any Interest Period for any Eurocurrency Rate Advances made to it in accordance
with the provisions contained in the definition of “Interest Period” in Section 1.01, the Agent will forthwith so notify such Borrower and the Lenders and such Advances will automatically, on the last day of the then existing Interest
Period therefor (i) if such Eurocurrency Rate Advances are denominated in Dollars, Convert into Base Rate Advances and (ii) if such Eurocurrency Rate Advances are denominated in a Committed Currency, be exchanged for an Equivalent amount
of Dollars and Convert into Base Rate Advances. 
 (d) On the date on which the aggregate unpaid principal amount of
Eurocurrency Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than the Borrowing Minimum, such Advances shall automatically (i) if such Eurocurrency Rate Advances are denominated in
Dollars, Convert into Base Rate Advances and (ii) if such Eurocurrency Rate Advances are denominated in a Committed Currency, be exchanged for an Equivalent amount of Dollars and Convert into Base Rate Advances. 

(e) Upon the occurrence and during the continuance of any Event of Default with respect to the Company or any Designated Subsidiary or
with respect to the Co-Borrower (i) each Eurocurrency Rate Advance made to the Company or any Designated Subsidiary or made to the Co-Borrower, as applicable, will automatically, on the last day of the then existing Interest Period therefor,
(A) if such Eurocurrency Rate Advances are denominated in Dollars, be Converted into Base Rate Advances and (B) if such Eurocurrency Rate Advances are denominated in any Committed Currency, be exchanged for an Equivalent amount of Dollars
and be Converted into Base Rate Advances and (ii) the obligation of the Lenders to make, or to Convert Advances into, Eurocurrency Rate Advances shall be suspended. 

  
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 (f) If Reuters Screen LIBOR01 Page is unavailable and fewer than two Reference Banks furnish
timely information to the Agent for determining the Eurocurrency Rate for any Eurocurrency Rate Advances, 
 (i)
the Agent shall forthwith notify the applicable Borrower and the Lenders that the interest rate cannot be determined for such Eurocurrency Rate Advances, 
 (ii) with respect to Eurocurrency Rate Advances, each such Advance will automatically, on the last day of the then existing Interest Period therefor (A) if such Eurocurrency Rate Advance is
denominated in Dollars, Convert into a Base Rate Advance and (B) if such Eurocurrency Rate Advance is denominated in any Committed Currency, be prepaid by such Borrower or be automatically exchanged for an Equivalent amount of Dollars and be
Converted into a Base Rate Advance (or if such Advance is then a Base Rate Advance, will continue as a Base Rate Advance), and 
 (iii) the obligation of the Lenders to make Eurocurrency Rate Advances or to Convert Advances into Eurocurrency Rate Advances shall be suspended until the Agent shall notify such Borrower and the Lenders
that the circumstances causing such suspension no longer exist. 
 SECTION 2.08. Optional Conversion of Advances. The
Borrower of any Advance may on any Business Day, upon notice given to the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion and subject to the provisions of
Sections 2.07 and 2.11, Convert all Advances made to such Borrower denominated in Dollars of one Type comprising the same Borrowing into Advances denominated in Dollars of the other Type; provided, however, that any Conversion of
Eurocurrency Rate Advances into Base Rate Advances shall be made only on the last day of an Interest Period for such Eurocurrency Rate Advances, any Conversion of Base Rate Advances into Eurocurrency Rate Advances shall be in an amount not less than
the minimum amount specified in Section 2.02(b) and no Conversion of any Advances shall result in more separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified
above, specify (i) the date of such Conversion, (ii) the Dollar denominated Advances to be Converted, and (iii) if such Conversion is into Eurocurrency Rate Advances, the duration of the initial Interest Period for each such Advance.
Each notice of Conversion shall be irrevocable and binding on the Borrower giving such notice. 
 SECTION 2.09. Prepayments
of Advances. (a) Optional. Any Borrower may, upon notice at least two Business Days’ prior to the date of such prepayment, in the case of Eurocurrency Rate Advances, and not later than 11:00 A.M. (New York City time) on the date
of such prepayment, in the case of Base Rate Advances, to the Agent stating the proposed date and aggregate principal amount of the prepayment, and if such notice is given such Borrower shall, prepay the outstanding principal amount of the Advances
made to such Borrower comprising part of the same Borrowing in whole or ratably in part, together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, however, that (x) each partial
prepayment shall be in an aggregate principal amount of the Borrowing Minimum or a Borrowing Multiple in excess thereof and (y) in the event of any such prepayment of a Eurocurrency Rate Advance, such Borrower shall be obligated to reimburse
the Lenders in respect thereof pursuant to Section 9.04(c). 
 (b) Mandatory. (i) If, on any date, the Agent
notifies the Company (with respect to Advances made to the Company and the Designated Subsidiaries) or the Co-Borrower (with respect to Advances made to the Co-Borrower) that, on any interest payment date, the sum of (A) the aggregate principal
amount of all Advances denominated in Dollars then outstanding plus (B) the Equivalent in Dollars (determined on the third Business Day prior to such interest payment date) of the aggregate principal amount of all Advances denominated in
Committed Currencies then outstanding exceeds 105% of the aggregate Commitments (in the case of Advances made to all Borrowers) or the Co-Borrower Sublimit (in the case of Advances made to the Co-Borrower) on such date, the applicable Borrower(s)

  
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shall, as soon as practicable and in any event within two Business Days after receipt of such notice, subject to the proviso to this sentence set forth below, prepay the outstanding principal
amount of any Advances owing by such Borrower(s) in an aggregate amount sufficient to reduce such sum to an amount not to exceed 100% of the aggregate Commitments or Co-Borrower Sublimit, as applicable, on such date together with any interest
accrued to the date of such prepayment on the aggregate principal amount of Advances prepaid; provided that if the aggregate principal amount of Base Rate Advances outstanding at the time of such required prepayment is less than the amount of
such required prepayment, the portion of such required prepayment in excess of the aggregate principal amount of Base Rate Advances then outstanding shall be deferred until the last day of the next maturing Interest Period of the outstanding
Eurocurrency Rate Advances, in an aggregate amount equal to the excess of such required prepayment. The Agent shall give prompt notice of any prepayment required under this Section 2.09(b) to the Company or the Co-Borrower, as applicable, and
the Lenders, and shall provide prompt notice to Company or the Co-Borrower, as applicable, of any such notice of required prepayment received by it from any Lender. 
 (ii) Each prepayment made pursuant to this Section 2.09(b) shall be made together with any interest accrued to the date of such prepayment on the principal amounts prepaid and, in the case of any
prepayment of a Eurocurrency Rate Advance on a date other than the last day of an Interest Period, any additional amounts which the applicable Borrower shall be obligated to reimburse to the Lenders in respect thereof pursuant to
Section 9.04(b). 
 (iii) The Agent shall calculate on the date of each Notice of Borrowing and on each interest payment
date the sum of (A) the aggregate principal amount of all Advances denominated in Dollars plus (B) the Equivalent in Dollars (determined on the third Business Day prior to such interest payment date) of the aggregate principal amount of
all Eurocurrency Rate Advances denominated in Committed Currencies and shall give prompt notice (and in any event no later than thirty days) of any prepayment required under this Section 2.09(b) to the applicable Borrower(s) and the Lenders.
The Agent shall give prompt notice of any prepayment required under this Section 2.09(b) to the applicable Borrower(s) and the Lenders. 
 SECTION 2.10. Increased Costs. (a) If, due to either (i) the introduction of or any change in or in the interpretation of any law or regulation or (ii) the compliance with any
guideline or request from any central bank or other governmental authority including, without limitation, any agency of the European Union or similar monetary or multinational authority (whether or not having the force of law), there shall be any
increase in the cost to any Lender of agreeing to make or making, continuing, converting to, funding or maintaining Eurocurrency Rate Advances (excluding for purposes of this Section 2.10(a) and Section 2.10(b) any such increased costs
resulting from (i) Taxes or Other Taxes (as to which Section 2.13 shall govern) and (ii) changes in the basis of taxation of overall net income or overall gross income by the United States or by the foreign jurisdiction or state under
the laws of which such Lender is organized or has its Applicable Lending Office or any political subdivision thereof), then the Company and, after the Co-Borrower Joinder Date, the Co-Borrower shall severally, in proportion to their respective
Contribution Percentages, from time to time, upon demand by such Lender (with a copy of such demand to the Agent), pay to the Agent for the account of such Lender additional amounts sufficient to compensate such Lender for such increased cost
provided, however, that before making any such demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to designate a different Applicable Lending Office if the
making of such a designation would avoid the need for, or reduce the amount of, such increased cost and would not, in the reasonable judgment of such Lender, be otherwise disadvantageous to such Lender. A certificate as to the amount of such
increased cost, submitted to the Company and/or the Co-Borrower and the Agent by such Lender, shall be conclusive and binding for all purposes, absent manifest error. 

  
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 (b) If any Lender determines that compliance with any law or regulation or any guideline or
request from any central bank or other governmental authority (whether or not having the force of law) affects or would affect the amount of capital or liquidity required or expected to be maintained by such Lender or any corporation or other entity
controlling such Lender and that the amount of such capital is increased by or based upon the existence of such Lender’s commitment to lend hereunder and other commitments of this type, then, upon demand by such Lender (with a copy of such
demand to the Agent), the Company and, after the Co-Borrower Joinder Date, the Co-Borrower shall severally, in proportion to their respective Contribution Percentages, pay to the Agent for the account of such Lender, from time to time as specified
by such Lender, additional amounts sufficient to compensate such Lender or such corporation in the light of such circumstances, to the extent that such Lender reasonably determines such increase in capital or liquidity to be allocable to the
existence of such Lender’s commitment to lend hereunder. A certificate as to such amounts submitted to the Company and/or the Co-Borrower and the Agent by such Lender shall be conclusive and binding for all purposes, absent manifest error. For
the avoidance of doubt, this Section 2.10(b) shall apply to all requests, rules, guidelines or directives concerning capital adequacy or liquidity issued in connection with the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
requests, rules, guidelines or directives concerning capital adequacy or liquidity promulgated by the Bank for International Settlements, the Basel Committee on Banking Regulations and Supervisory Practices (or any successor or similar authority) or
the United States financial regulatory authorities, regardless of the date adopted, issued, promulgated or implemented. 

SECTION 2.11. Illegality. Notwithstanding any other provision of this Agreement, if any Lender shall notify the Agent that the
introduction of or any change in or in the interpretation of any law or regulation makes it unlawful, or any central bank or other governmental authority asserts that it is unlawful, for any Lender or its Eurocurrency Lending Office to perform its
obligations hereunder to make Eurocurrency Rate Advances or to fund or maintain Eurocurrency Rate Advances hereunder (a) each Eurocurrency Rate Advance will automatically, upon such demand, (i) if such Eurocurrency Rate Advance is
denominated in Dollars, be Converted into a Base Rate Advance and (ii) if such Eurocurrency Rate Advance is denominated in any Committed Currency, be exchanged into an Equivalent amount of Dollars and be Converted into a Base Rate Advance and
(b) the obligation of the Lenders to make Eurocurrency Rate Advances or to Convert Advances into Eurocurrency Rate Advances shall be suspended until the Agent shall notify the Borrowers and the Lenders that the circumstances causing such
suspension no longer exist; provided, however, that before making any such demand, each Lender agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to designate a different
Eurocurrency Lending Office if the making of such a designation would allow such Lender or its Eurocurrency Lending Office to continue to perform its obligations to make Eurocurrency Rate Advances or to continue to fund or maintain Eurocurrency Rate
Advances and would not, in the judgment of such Lender, be otherwise disadvantageous to such Lender. 
 SECTION 2.12.
Payments and Computations. (a) Each Borrower shall make each payment hereunder, without counterclaim or set-off, except with respect to principal of, interest on, and other amounts relating to, Advances denominated in a Committed
Currency, not later than 11:00 A.M. (New York City time) on the day when due in Dollars to the Agent at the applicable Agent’s Account in same day funds. Each Borrower shall make each payment, without counterclaim or set-off hereunder
with respect to principal of, interest on, and other amounts relating to, Advances denominated in a Committed Currency, not later than 11:00 A.M. (at the Payment Office for such Committed Currency) on the day when due in such Committed Currency
to the Agent, by deposit of such funds to the applicable Agent’s Account in same day funds. The Agent will promptly thereafter cause to be distributed like funds relating to the payment of principal or interest or facility fees ratably (other
than amounts payable pursuant to Section 2.10, 2.13 or 9.04(c)) to the Lenders 

  
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for the account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount payable to any Lender to such Lender for the account of its Applicable
Lending Office, in each case to be applied in accordance with the terms of this Agreement. Upon any Assuming Lender becoming a Lender hereunder as a result of a Commitment Increase pursuant to Section 2.17 or an extension of the Termination
Date pursuant to Section 2.18, and upon the Agent’s receipt of such Lender’s Assumption Agreement and recording of the information contained therein in the Register, from and after the applicable Increase Date or Extension Date, as
the case may be, the Agent shall make all payments hereunder and under any Notes issued in connection therewith in respect of the interest assumed thereby to the Assuming Lender. Upon its acceptance of an Assignment and Assumption and recording of
the information contained therein in the Register pursuant to Section 9.06(c), from and after the effective date specified in such Assignment and Assumption, the Agent shall make all payments hereunder and under the Notes in respect of the
interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and Assumption shall make all appropriate adjustments in such payments for periods prior to such effective date directly between themselves. 

(b) All computations of interest based on the Base Rate shall be made by the Agent on the basis of a year of 365 or 366 days, as the case
may be, and all computations of interest based on the Eurocurrency Rate or the Federal Funds Rate and of facility fees shall be made by the Agent on the basis of a year of 360 days (or, in each case of Advances denominated in Committed Currencies
where market practice differs, in accordance with market practice), in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest or facility fees are payable. Each
determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error. 
 (c) Whenever any payment hereunder or under the Notes shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of
time shall in such case be included in the computation of payment of interest or facility fee, as the case may be; provided, however, that, if such extension would cause payment of interest on or principal of Eurocurrency Rate Advances
to be made in the next following calendar month, such payment shall be made on the next preceding Business Day. 
 (d) Unless
the Agent shall have received notice from any Borrower prior to the date on which any payment is due to the Lenders hereunder that such Borrower will not make such payment in full, the Agent may assume that such Borrower has made such payment in
full to the Agent on such date and the Agent may, in reliance upon such assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent such Borrower shall not have so made
such payment in full to the Agent, each Lender shall repay to the Agent forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date
such Lender repays such amount to the Agent, at (i) the Federal Funds Rate in the case of Advances denominated in Dollars or (ii) the cost of funds incurred by the Agent in respect of such amount in the case of Advances denominated in
Committed Currencies. 
 (f) To the extent that the Agent receives funds for application to the amounts owing by any Borrower
under or in respect of this Agreement or any Note in currencies other than the currency or currencies required to enable the Agent to distribute funds to the Lenders in accordance with the terms of this Section 2.12, the Agent shall be entitled
to convert or exchange such funds into Dollars or into a Committed Currency or from Dollars to a Committed Currency or from a Committed Currency to Dollars, as the case may be, to the extent necessary to enable the Agent to distribute such funds in
accordance with the terms of this Section 2.12; provided that each Borrower and each of the Lenders hereby agree that the Agent shall not be liable or responsible for any loss, cost or expense suffered by

  
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such Borrower or such Lender as a result of any conversion or exchange of currencies affected pursuant to this Section 2.12(f) or as a result of the failure of the Agent to effect any such
conversion or exchange; and provided further that such Borrower agrees to indemnify the Agent and each Lender, and hold the Agent and each Lender harmless, for any and all losses, costs and expenses incurred by the Agent or any Lender for any
conversion or exchange of currencies (or the failure to convert or exchange any currencies) in accordance with this Section 2.12(f). 
 SECTION 2.13. Taxes. (a) Any and all payments by or on behalf of each Borrower to or for the account of any Lender or the Agent hereunder or under the Notes or any other documents to be
delivered hereunder shall be made, in accordance with Section 2.12 or the applicable provisions of such other documents, free and clear of and without deduction or withholding for any and all present or future taxes, levies, imposts,
deductions, charges or withholdings, and all liabilities with respect thereto, excluding, in the case of each Lender and the Agent, (w) taxes imposed on overall net income, branch profits taxes, franchise taxes imposed in lieu of net
income taxes and other similar taxes, in each case by the jurisdiction under the laws of which such Lender or the Agent (as the case may be) is organized or any political subdivision thereof and, in the case of each Lender, taxes imposed on its
overall net income, and franchise taxes imposed on it in lieu of net income taxes, by the jurisdiction of such Lender’s Applicable Lending Office or any political subdivision thereof, or by any other jurisdiction with respect to which the
Lender or the Agent, as the case may be, has a present or former connection (other than any such connection arising solely from the Agent or such Lender having executed, delivered or performed its obligations or received a payment under, or
enforced, this Agreement or the Notes or any other documents to be delivered hereunder), (x) taxes that are attributable to a Lender’s failure to comply with the requirements of paragraph (f) of this Section, (y) United States
federal withholding taxes imposed on amounts payable to such Lender on the date such Lender becomes a party to this Agreement, or changes its Applicable Lending Office except to the extent that such Lender or its assignor (if any) was entitled, at
the time of the change in Applicable Lending Office (or assignment) to receive additional amounts from any Borrower pursuant to this paragraph, and (z) any United States withholding taxes imposed pursuant to FATCA (all such non-excluded taxes,
levies, imposts, deductions, charges, withholdings and liabilities in respect of payments hereunder or under the Notes being hereinafter referred to as “Taxes”). If any Taxes from or in respect of any sum payable hereunder or under
any Note or any other documents to be delivered hereunder to any Lender or the Agent are required by law to be deducted or withheld, (i) the sum payable by the applicable Borrower shall be increased as may be necessary so that after making all
required withholdings or deductions (including withholdings or deductions applicable to additional sums payable under this Section 2.13) such Lender or the Agent (as the case may be) receives an amount equal to the sum it would have received
had no such deductions been made and (ii) if such Borrower is the withholding agent under applicable law, such Borrower shall make such deductions and shall pay the full amount deducted to the relevant taxation authority or other authority in
accordance with applicable law. 
 (b) In addition, the Company and, after the Co-Borrower Joinder Date, the Co-Borrower shall
severally, in proportion to their respective Contribution Percentages, pay any present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or under the
Notes or any other documents to be delivered hereunder or from the execution, delivery or registration of, performing under, or otherwise with respect to, this Agreement or the Notes or any other documents to be delivered hereunder (hereinafter
referred to as “Other Taxes”). 
 (c) The Company and, after the Co-Borrower Joinder Date, the Co-Borrower
shall severally, in proportion to their respective Contribution Percentages, indemnify each Lender and the Agent for and hold it harmless against the full amount of Taxes or Other Taxes (including, without limitation, taxes of any kind imposed or
asserted by any jurisdiction on amounts payable under this 

  
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Section 2.13) imposed on or paid by such Lender or the Agent (as the case may be) and any liability (including penalties, interest and expenses) arising therefrom or with respect thereto.
This indemnification shall be made within 30 days from the date such Lender or the Agent (as the case may be) makes written demand therefor. 
 (d) Within 30 days after the date of any payment of Taxes by any Borrower, such Borrower shall furnish to the Agent, at its address referred to in Section 9.02, the original or a certified copy of a
receipt evidencing such payment to the extent such a receipt is issued therefor, or other written proof of payment thereof that is reasonably satisfactory to the Agent. 
 (e) Each Lender shall indemnify the Agent for the full amount of any taxes, levies, imposts, duties, charges, fees, deductions, withholdings or similar charges imposed by any governmental authority that
are attributable to such Lender and that are payable or paid by the Agent in good faith, and any liability (including penalties, interest and expenses) arising therefrom or with respect thereto. This indemnification shall be made within 30 days from
the date the Agent makes written demand therefor. Notwithstanding anything to the contrary, nothing in this Section 2.13(e) shall affect the Lender’s rights with respect to any Borrower pursuant to this Agreement or the Notes. 

(f) (i) (A) Each Lender that is a “United States Person” as defined in Section 7701(a)(30) of the Internal Revenue
Code shall deliver to the Company and, after the Co-Borrower Joinder Date, the Co-Borrower and the Agent on or before the date on which it becomes a party to this Agreement two properly completed and duly signed copies of U.S. Internal Revenue
Service Form W-9 (or any successor form) certifying that such Lender is exempt from U.S. federal withholding tax. (B) Each Lender that is not a “United States Person” as defined in Section 7701(a)(30) of the Internal Revenue Code
(a “Non-U.S. Lender”) shall deliver to the Company and, after the Co-Borrower Joinder Date, the Co-Borrower and the Agent (x) two copies of U.S. Internal Revenue Service (“IRS”) Form W-8BEN, Form W-8ECI or Form
W-8IMY (together with any applicable underlying IRS forms), (y) in the case of a Non-U.S. Lender claiming exemption from U.S. federal withholding tax under Section 871(h) or 881(c) of the Code with respect to payments of “portfolio
interest”, a statement substantially in the form of Exhibit F and the applicable IRS Form W-8, or any subsequent versions thereof or successors thereto, properly completed and duly executed by such Non-U.S. Lender claiming complete exemption
from, or a reduced rate of, U.S. federal withholding tax on payments under this Agreement and the Notes, or (z) any other form prescribed by applicable requirements of U.S. federal income tax law as a basis for claiming exemption from, or a
reduction in, U.S. federal withholding tax, in each case, duly completed together with such supplementary documentation as may be prescribed by applicable requirements of law which permits the applicable Borrower and/or the Agent to determine any
withholdings or deductions required to be made. Such forms shall be delivered by each Non-U.S. Lender on or before the date it becomes a party to this Agreement and from time to time thereafter upon the request of any Borrower or the Agent. In
addition, each Lender shall deliver such forms promptly upon the obsolescence or invalidity of any form previously delivered by such Lender. Each Lender shall promptly notify the Company and/or the Co-Borrower and the Agent at any time it determines
that it is no longer in a position to provide any previously delivered certificate to the Company and/or the Co-Borrower and the Agent (or any other form of certification adopted by the U.S. taxing authorities for such purpose). Notwithstanding any
other provision of this Section, a Lender shall not be required to deliver any form pursuant to this Section that such Lender is not legally able to deliver. 
 (ii) If a payment made to a Lender hereunder would be subject to United States federal withholding tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of
FATCA (including those contained in Section 1471(b) or 1472(b) of the Internal Revenue Code, as applicable), such Lender shall deliver to the Company and, after the Co-Borrower Joiner Date, the Co-Borrower and the Agent, at the time or times

  
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prescribed by law and at such time or times reasonably requested by the Company and/or the Co-Borrower or the Agent, such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional documentation reasonably requested by the Company and/or the Co-Borrower or the Agent as may be necessary for any Borrower or the Agent to comply with its obligations
under FATCA, to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. 
 (g) Any Lender claiming any additional amounts payable pursuant to this Section 2.13 agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to
change the jurisdiction of its Eurocurrency Lending Office if the making of such a change would avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue and would not, in the reasonable judgment of such
Lender, be otherwise disadvantageous to such Lender; provided, however, that if any such Lender fails to change the jurisdiction of its Applicable Lending Office to a jurisdiction with respect to which no additional amounts are owed
under this Section 2.13 within of 30 days of receiving such a request from the Company and/or the Co-Borrower, such Borrower may replace such Lender in accordance with Section 2.20. 

(h) If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any amount as to which it
has been indemnified pursuant to this Section 2.13 (including additional amounts paid pursuant to this Section 2.13), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made
under this Section with respect to the amounts giving rise to such refund), net of all out-of-pocket expenses (including any taxes) of such indemnified party and without interest (other than any interest paid by the relevant governmental authority
with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid to such indemnified party pursuant to the previous sentence (plus any penalties, interest or
other charges imposed by the relevant governmental authority) in the event such indemnified party is required to repay such refund to such governmental authority. Notwithstanding anything to the contrary in this Section 2.13(h), in no event
will any indemnified party be required to pay any amount to any indemnifying party pursuant to this Section 2.13(h) if such payment would place such indemnified party in a less favorable position (on a net after-tax basis) than such indemnified
party would have been in if the indemnification payments or additional amounts giving rise to such refund had never been paid. This Section 2.13(h) shall not be construed to require any indemnified party to make available its tax returns (or
any other information relating to its taxes which it deems confidential) to the indemnifying party or any other Person. 

SECTION 2.14. Sharing of Payments, Etc. If any Lender shall obtain any payment (whether voluntary, involuntary, through the
exercise of any right of set-off, or otherwise) on account of the Advances owing to it (other than pursuant to Section 2.10, 2.13 or 9.04(c)) in excess of its ratable share of payments on account of the Advances obtained by all the Lenders,
such Lender shall forthwith purchase from the other Lenders such participations in the Advances owing to them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided,
however, that if all or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the
extent of such recovery together with an amount equal to such Lender’s ratable share (according to the proportion of (i) the amount of such Lender’s required repayment to (ii) the total amount so recovered from the purchasing
Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered. Each Borrower agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.14
may, to the fullest extent permitted by law, exercise all its rights of payment with respect to such participation as fully as if such Lender were the direct creditor of such Borrower in the amount of such participation. 

  
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 SECTION 2.15. Evidence of Debt. (a) Each Lender shall maintain in accordance
with its usual practice an account or accounts evidencing the indebtedness of each Borrower to such Lender resulting from each Advance owing to such Lender from time to time, including the amounts of principal and interest payable and paid to such
Lender from time to time hereunder in respect of Advances. Each Borrower agrees that upon notice by any Lender to such Borrower (with a copy of such notice to the Agent) to the effect that a Note is required or appropriate in order for such Lender
to evidence (whether for purposes of pledge, enforcement or otherwise) the Advances owing to, or to be made by, such Lender, such Borrower shall promptly execute and deliver to such Lender a Note payable to the order of such Lender in a principal
amount up to the Commitment of such Lender available to such Borrower. Each Lender that receives a Note pursuant to this Section 2.15 agrees that, upon the earlier of the termination or expiration of this Agreement, such Lender will return such
Note to the applicable Borrower. 
 (b) The Register maintained by the Agent pursuant to Section 9.06(c) shall include a
control account, and a subsidiary account for each Lender, in which accounts (taken together) shall be recorded (i) the date and amount of each Borrowing made hereunder, the Type of Advances comprising such Borrowing and, if appropriate, the
Interest Period applicable thereto, (ii) the terms of each Assumption Agreement and each Assignment and Assumption delivered to and accepted by it, (iii) the amount of any principal or interest due and payable or to become due and payable
from each Borrower to each Lender hereunder and (iv) the amount of any sum received by the Agent from each Borrower hereunder and each Lender’s share thereof. 
 (c) Entries made in good faith by the Agent in the Register pursuant to subsection (b) above, and by each Lender in its account or accounts pursuant to subsection (a) above, shall be prima
facie evidence of the amount of principal and interest due and payable or to become due and payable from each Borrower to, in the case of the Register, each Lender and, in the case of such account or accounts, such Lender, under this Agreement,
absent manifest error; provided, however, that the failure of the Agent or such Lender to make an entry, or any finding that an entry is incorrect, in the Register or such account or accounts shall not limit or otherwise affect the
obligations of any Borrower under this Agreement. 
 SECTION 2.16. Use of Proceeds. The proceeds of the Advances shall be
available (and each Borrower agrees that it shall use such proceeds) solely for general corporate purposes of such Borrower and its Subsidiaries. 

  
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 SECTION 2.17. Increase in the Aggregate Commitments. (a) The Company may, and,
after the Co-Borrower Joinder Date, the Company and the Co-Borrower may, not more than once in any calendar year prior to the Termination Date, by notice to the Agent, request that the aggregate amount of the Commitment be increased by an integral
multiple of $25,000,000 (each a “Commitment Increase”) to be effective as of a date that is at least 90 days prior to the scheduled Termination Date then in effect (the “Increase Date”), as specified in the related
notice to the Agent; provided, however that (i) in no event shall the aggregate amount of the Commitments at any time exceed $7,000,000,000, (ii) on the date of any request by the Company for a Commitment Increase and on the
related Increase Date, the conditions set forth in Section 3.04 shall be satisfied and (iii) each Commitment Increase shall increase the Co-Borrower Sublimit by an amount such that, after giving effect to such Commitment Increase, the
Contribution Percentages of the Company and the Co-Borrower are equal to their respective Contribution Percentages before giving effect to such Commitment Increase. 
 (b) The Agent shall promptly notify the Lenders of a request for a Commitment Increase, which notice shall include (i) the proposed amount of such requested Commitment Increase (and related increase
to the Co-Borrower Sublimit), (ii) the proposed Increase Date and (iii) the date by which Lenders wishing to participate in the Commitment Increase must commit to an increase in the amount of their respective Commitments (the
“Commitment Date”). Each Lender that is willing to participate in such requested Commitment Increase (each an “Increasing Lender”) shall, in its sole discretion, give written notice to the Agent on or prior to the
Commitment Date of the amount by which it is willing to increase its Commitment. If the Lenders notify the Agent that they are willing to increase the amount of their respective Commitments by an aggregate amount that exceeds the amount of the
requested Commitment Increase, the requested Commitment Increase shall be allocated among the Lenders willing to participate therein based on the ratio of the amount by which each lender is willing to participate in the requested Commitment Increase
on the Commitment Date to the aggregate amount by which the Lenders are willing to participate in any requested Commitment Increase on the Commitment Date. 
 (c) Promptly following each Commitment Date, the Agent shall notify the Company (and, after the Co-Borrower Joinder Date, the Co-Borrower) as to the amount, if any, by which the Lenders are willing to
participate in the requested Commitment Increase. If the aggregate amount by which the Lenders are willing to participate in any requested Commitment Increase on any such Commitment Date is less than the requested Commitment Increase, then the
Company (and, after the Co-Borrower Joinder Date, the Co-Borrower) may extend offers to one or more Eligible Assignees to participate in any portion of the requested Commitment Increase that has not been committed to by the Lenders as of the
applicable Commitment Date; provided, however, that the Commitment of each such Eligible Assignee shall be in an amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof. 

(d) On each Increase Date, each Eligible Assignee that accepts an offer to participate in a requested Commitment Increase in accordance
with Section 2.17(c) (each such Eligible Assignee and each Eligible Assignee that agrees to an extension of the Termination Date in accordance with Section 2.18(c), an “Assuming Lender”) shall become a Lender party to this
Agreement as of such Increase Date and the Commitment of each Increasing Lender for such requested Commitment Increase shall be so increased by such amount (or by the amount allocated to such Lender pursuant to the last sentence of
Section 2.17(b)) as of such Increase Date; provided, however, that the Agent shall have received on or before such Increase Date the following, each dated such date: 

(i) (A) certified copies of resolutions of the Board of Directors of each of the Company and the Co-Borrower or the
Executive Committee of such Board authorizing the Commitment Increase and the corresponding modifications to this Agreement and (B) an opinion of counsel to the Company (and, after the Co-Borrower Joinder Date, an opinion of counsel to the
Co-Borrower) (which may be in-house counsel), in substantially the form of Exhibit D hereto; 

  
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 (ii) an assumption agreement from each Assuming Lender, if any, in form and
substance satisfactory to the Company (and, after the Co-Borrower Joinder Date, the Co-Borrower) and the Agent (each an “Assumption Agreement”), duly executed by such Eligible Assignee, the Agent and the Company (and, after the
Co-Borrower Joinder Date, the Co-Borrower); and 
 (iii) confirmation from each Increasing Lender of the increase
in the amount of its Commitment in a writing satisfactory to the Company (and, after the Co-Borrower Joinder Date, the Co-Borrower) and the Agent. 
 On each Increase Date, upon fulfillment of the conditions set forth in the immediately preceding sentence of this Section 2.17(d), the Agent shall notify the Lenders (including, without limitation,
each Assuming Lender) and the Company (and, after the Co-Borrower Joinder Date, the Co-Borrower), on or before 1:00 P.M. (New York City time), by telecopier, of the occurrence of the Commitment Increase to be effected on such Increase Date and shall
record in the Register the relevant information with respect to each Increasing Lender and each Assuming Lender on such date. Each Increasing Lender and each Assuming Lender shall, before 2:00 P.M. (New York City time) on the Increase Date, make
available for the account of its Applicable Lending Office to the Agent at the Agent’s Account, in same day funds, in the case of such Assuming Lender, an amount equal to such Assuming Lender’s ratable portion of the Borrowings then
outstanding (calculated based on its Commitment as a percentage of the aggregate Commitments outstanding after giving effect to the relevant Commitment Increase) and, in the case of such Increasing Lender, an amount equal to the excess of
(i) such Increasing Lender’s ratable portion of the Borrowings then outstanding (calculated based on its Commitment as a percentage of the aggregate Commitments outstanding after giving effect to the relevant Commitment Increase) over
(ii) such Increasing Lender’s ratable portion of the Borrowings then outstanding (calculated based on its Commitment (without giving effect to the relevant Commitment Increase) as a percentage of the aggregate Commitments (without giving
effect to the relevant Commitment Increase). After the Agent’s receipt of such funds from each such Increasing Lender and each such Assuming Lender, the Agent will promptly thereafter cause to be distributed like funds to the other Lenders for
the account of their respective Applicable Lending Offices in an amount to each other Lender such that the aggregate amount of the outstanding Advances owing to each Lender after giving effect to such distribution equals such Lender’s ratable
portion of the Borrowings then outstanding (calculated based on its Commitment as a percentage of the aggregate Commitments outstanding after giving effect to the relevant Commitment Increase). 

SECTION 2.18. Extension of Termination Date. (a) The Company or the Co-Borrower, by written notice to the Agent at least 45
days prior to any Extension Date (as defined below), may request an extension of the Termination Date applicable to the Company and the Designated Subsidiaries or the Termination Date applicable to the Co-Borrower in effect at such time by one year
from its then scheduled expiration. The Company or the Co-Borrower may make any such request up to two times but not more than once in any calendar year, provided that the first Extension Date shall not be earlier than the first anniversary of the
Effective Date. The Agent shall promptly notify each Lender of such request, and each Lender shall in turn, in its sole discretion, no later than 35 days prior to the applicable Extension Date, notify such Borrower and the Agent in writing as to
whether such Lender will consent to such extension. If any Lender shall fail to notify the Agent and the Company and/or the Co-Borrower in writing of its consent to any such request for extension of the Termination Date at least 35 days prior to the
applicable Extension Date, such Lender shall be deemed to be a Non-Consenting Lender with respect to such request. The Agent shall notify the Company and/or the Co-Borrower not later than 30 days prior to the applicable Extension Date of the
decision of the Lenders regarding such request for an extension of the Termination Date. 

  
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 (b) If all the Lenders consent in writing to any such request in accordance with subsection
(a) of this Section 2.18, the Termination Date applicable to the Company and the Designated Subsidiaries or the Termination Date applicable to the Co-Borrower in effect at such time shall, effective as at the date specified in the
applicable extension request (the “Extension Date”), be extended for one year; provided that on each Extension Date the applicable conditions set forth in Section 3.04 shall be satisfied. If less than all of the Lenders
consent in writing to any such request in accordance with subsection (a) of this Section 2.18, the applicable Termination Date in effect at such time shall, effective as at the applicable Extension Date and subject to subsection
(d) of this Section 2.18, be extended as to those Lenders that so consented (each a “Consenting Lender”) but shall not be extended as to any other Lender (each a “Non-Consenting Lender”). To the extent
that the applicable Termination Date is not extended as to any Lender pursuant to this Section 2.18 and the Commitment of such Lender is not assumed in accordance with subsection (c) of this Section 2.18 on or prior to the applicable
Extension Date, the Commitment of such Non-Consenting Lender shall automatically terminate in whole on such unextended Termination Date without any further notice or other action by any Borrower, such Lender or any other Person; provided that
such Non-Consenting Lender’s rights under Sections 2.10, 2.13 and 9.04, and its obligations under Section 8.08, shall survive the Termination Date for such Lender as to matters occurring prior to such date. It is understood and agreed that
no Lender shall have any obligation whatsoever to agree to any request made by any Borrower for any requested extension of the Termination Date. 
 (c) If less than all of the Lenders consent to any such request pursuant to subsection (a) of this Section 2.18, the Agent shall promptly so notify the Consenting Lenders, and each Consenting
Lender may, in its sole discretion, give written notice to the Agent not later than 25 days prior to the applicable Extension Date of the amount of the Non-Consenting Lenders’ Commitments for which it is willing to accept an assignment. If the
Consenting Lenders notify the Agent that they are willing to accept assignments of Commitments in an aggregate amount that exceeds the amount of the Commitments of the Non-Consenting Lenders, such Commitments shall be allocated among the Consenting
Lenders willing to accept such assignments in such amounts as are agreed between the Company and/or the Co-Borrower and the Agent. If after giving effect to the assignments of Commitments described above there remains any Commitments of
Non-Consenting Lenders, the Company and/or the Co-Borrower may arrange for one or more Consenting Lenders or other Eligible Assignees as Assuming Lenders to assume, effective as of the Extension Date, any Non-Consenting Lender’s Commitment and
all of the obligations of such Non-Consenting Lender under this Agreement thereafter arising, without recourse to or warranty by, or expense to, such Non-Consenting Lender; provided, however, that the amount of the Commitment of any
such Assuming Lender as a result of such substitution shall in no event be less than $10,000,000 unless the amount of the Commitment of such Non-Consenting Lender is less than $10,000,000, in which case such Assuming Lender shall assume all of such
lesser amount; and provided further that: 
 (i) any such Consenting Lender or Assuming Lender shall have
paid to such Non-Consenting Lender (A) the aggregate principal amount of, and any interest accrued and unpaid to the effective date of the assignment on, the outstanding Advances, if any, of such Non-Consenting Lender plus (B) any
accrued but unpaid facility fees owing to such Non-Consenting Lender as of the effective date of such assignment; 
 (ii) all additional costs reimbursements, expense reimbursements and indemnities payable to such Non-Consenting Lender, and all other accrued and unpaid amounts owing to such Non-Consenting Lender
hereunder, as of the effective date of such assignment shall have been paid to such Non-Consenting Lender; and 

  
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 (iii) with respect to any such Assuming Lender, the applicable processing
and recordation fee required under Section 9.06(b)(iii) for such assignment shall have been paid; 
 provided further that such
Non-Consenting Lender’s rights under Sections 2.10, 2.13 and 9.04, and its obligations under Section 8.08, shall survive such substitution as to matters occurring prior to the date of substitution. At least three Business Days prior to any
Extension Date, (A) each such Assuming Lender, if any, shall have delivered to the Company and/or the Co-Borrower and the Agent an Assumption Agreement, duly executed by such Assuming Lender, such Non-Consenting Lender, the Company and/or the
Co-Borrower and the Agent, (B) any such Consenting Lender shall have delivered confirmation in writing satisfactory to the Company and/or the Co-Borrower and the Agent (each an “Assumption Agreement”) as to the increase in the
amount of its Commitment and (C) each Non-Consenting Lender being replaced pursuant to this Section 2.18 shall have delivered to the Agent any Note or Notes held by such Non-Consenting Lender. Upon the payment or prepayment of all amounts
referred to in clauses (i), (ii) and (iii) of the immediately preceding sentence, each such Consenting Lender or Assuming Lender, as of the Extension Date, will be substituted for such Non-Consenting Lender under this Agreement and shall
be a Lender for all purposes of this Agreement, without any further acknowledgment by or the consent of the other Lenders, and the obligations of each such Non-Consenting Lender hereunder shall, by the provisions hereof, be released and discharged.

 (d) If (after giving effect to any assignments or assumptions pursuant to subsection (c) of this Section 2.18)
Lenders having Commitments equal to more than 50% of the Commitments in effect immediately prior to the Extension Date consent in writing to a requested extension (whether by execution or delivery of an Assumption Agreement or otherwise) not later
than one Business Day prior to such Extension Date, the Agent shall so notify the Company and/or the Co-Borrower, and, subject to the satisfaction of the conditions in Section 3.04, the Termination Date then in effect shall be extended for the
additional one year period as described in subsection (a) of this Section 2.18, and all references in this Agreement, and in the Notes, if any, to the “Termination Date” shall, with respect to each Consenting Lender and
each Assuming Lender for such Extension Date, refer to the Termination Date as so extended. Promptly following each Extension Date, the Agent shall notify the Lenders (including, without limitation, each Assuming Lender) of the extension of the
scheduled Termination Date in effect immediately prior thereto and shall thereupon record in the Register the relevant information with respect to each such Consenting Lender and each such Assuming Lender. 

Section 2.19. Defaulting Lenders. (a) Notwithstanding anything to the contrary contained in this Agreement, any payment
by any Borrower for the account of a Defaulting Lender under this Agreement shall not be paid or distributed to such Defaulting Lender, but shall instead be retained by the Agent in a segregated non-interest bearing account until the earlier of the
date the Defaulting Lender is no longer a Defaulting Lender or the termination of the Commitments and payment in full of all obligations of such Borrower hereunder and shall be applied at such time or times as may be determined by the Agent as
follows: first, to the payment of any amounts owing by such Defaulting Lender to the Agent hereunder; second, as such Borrower may request (so long as no Default exists), to the funding of any Advance in respect of which that
Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as reasonably determined by the Agent or if no such funding has been requested, to be held by the Agent as cash collateral to fund future Advances by such
Defaulting Lender; third, to the payment of any amounts owing to the Lenders as a result of any judgment of a court of competent jurisdiction obtained by any Lender against such Defaulting Lender as a result of such Defaulting Lender’s
breach of its obligations under this Agreement; fourth, so long as no Default exists, to the payment of any amounts owing to such Borrower as a result of any judgment of a 

  
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court of competent jurisdiction obtained by such Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and
fifth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that any amounts held as cash collateral for funding obligations of a Defaulting Lender shall be returned to such Defaulting
Lender upon the termination of this Agreement and the satisfaction of such Defaulting Lender’s obligations hereunder. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts
owed by a Defaulting Lender or to post cash collateral pursuant to this Section 2.19 shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(b) No Commitment of any Lender shall be increased or otherwise affected, and, except as otherwise expressly provided in this
Section 2.19, performance by any Borrower of its obligations shall not be excused or otherwise modified as a result of the operation of this Section 2.19. The rights and remedies against a Defaulting Lender under this Section 2.19 are
in addition to any other rights and remedies which any Borrower, the Agent or any Lender may have against such Defaulting Lender. 
 (c) If the Company and, after the Co-Borrower Joinder Date, the Co-Borrower and the Agent agree in writing in their reasonable determination that a Defaulting Lender should no longer be deemed to be a
Defaulting Lender, the Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any cash collateral), that
Lender will, to the extent applicable, purchase that portion of outstanding Advances of the other Lenders or take such other actions as the Agent may determine to be necessary to cause the Advances to be funded and held on a pro rata basis by the
Lenders in accordance with their pro rata share, whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of any Borrower
while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of
any claim of any party hereunder arising from such Lender’s having been a Defaulting Lender. 
 SECTION 2.20.
Replacement of Lenders. If (a) any Lender requests compensation under Section 2.10, (b) any Borrower is required to pay additional amounts to any Lender or any governmental authority for the account of any Lender pursuant to
Section 2.13, (c) any Lender is a Defaulting Lender or a Non-Consenting Lender or (d) any Lender and its Affiliates hold interests of 15% or more of the then outstanding Advances or Commitments, as applicable, whether as a Lender or a
participant, unless each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower has consented to such aggregate holdings, 
 then each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower may, at its sole expense and effort and so long as no Default is continuing, upon notice to such Lender and the Agent,
require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 9.06), all of its interests, rights and obligations under this Agreement to an
Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that: 
 (i) the Borrowers shall have paid to the Agent the assignment fee (if any) specified in Section 9.06; 
 (ii) such assigning Lender shall have received payment of an amount equal to the outstanding principal of its Advances, accrued interest thereon, accrued fees and all other amounts then payable to it
hereunder (including any amounts under Section 9.04(c)) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts); 

  
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 (iii) in the case of any such assignment resulting from a claim for
compensation under Section 2.10 or payments required to be made pursuant to Section 2.13, such assignment will result in a reduction in such compensation or payments after the date of such assignment; and 

(iv) such assignment does not conflict with applicable law. 

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or
otherwise, the circumstances entitling the Borrowers to require such assignment and delegation cease to apply. 
 ARTICLE III

 CONDITIONS TO EFFECTIVENESS AND LENDING 
 SECTION 3.01. Conditions Precedent to Effectiveness of Section 2.01. Section 2.01 of this Agreement shall become effective on and as of the first date (the “Effective
Date”) on which the following conditions precedent have been satisfied: 
 (a) Except as disclosed in
filings with the Securities and Exchange Commission prior to the date hereof, there shall have occurred no Material Adverse Change with respect to the Company since December 31, 2011. 

(b) There shall exist no action, suit, investigation, litigation or proceeding affecting the Company or any of its
Subsidiaries pending or, to the knowledge of the Company, threatened before any court, governmental agency or arbitrator that (i) would be reasonably likely to have a Material Adverse Effect or (ii) purports to affect the legality,
validity or enforceability of this Agreement or any Note or the consummation of the transactions contemplated hereby. 
 (c) Nothing shall have come to the attention of the Lenders during the course of their due diligence investigation to lead them to believe that the Information Memorandum was or has become misleading,
incorrect or incomplete in any material respect; without limiting the generality of the foregoing, the Lenders shall have been given such access to the management of the Company and its Subsidiaries as they shall have requested. 

(d) All governmental and third party consents and approvals necessary in connection with the transactions contemplated
hereby shall have been obtained (without the imposition of any conditions that are not acceptable to the Lenders) and shall remain in effect, and no law or regulation shall be applicable in the reasonable judgment of the Lenders that restrains,
prevents or imposes materially adverse conditions upon the transactions contemplated hereby. 
 (e) The Company
shall have notified the Agent in writing as to the proposed Effective Date. 

  
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 (f) The Company shall have paid all accrued fees and expenses of the Agent
and the Lenders (including the accrued fees and expenses of counsel to the Agent) required to be paid on or prior to the Effective Date. 
 (g) On the Effective Date, the following statements shall be true and the Agent shall have received for the account of each Lender a certificate signed by a duly authorized officer of the Company, dated
the Effective Date, stating that: 
 (i) The representations and warranties contained in Section 4.01 with
respect to the Company are correct on and as of the Effective Date, and 
 (ii) No event has occurred and is
continuing that constitutes a Default. 
 (h) The Agent shall have received on or before the Effective Date the
following, each dated the Effective Date, in form and substance satisfactory to the Agent and (except for the Notes) in sufficient copies for each Lender: 
 (i) The Notes of the Company to the order of the Lenders to the extent requested by any Lender pursuant to Section 2.15. 

(ii) Certified copies of the resolutions of the Board of Directors of the Company approving this Agreement and the Notes
to be delivered by it, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement and the Notes. 

(iii) A certificate of the Secretary or an Assistant Secretary of the Company certifying the names and true signatures of
the officers of the Company authorized to sign this Agreement and the Notes to be delivered by it and the other documents to be delivered by it hereunder. 
 (iv) A favorable opinion of the general counsel of the Company, substantially in the form of Exhibit D hereto and as to such other matters as any Lender through the Agent may reasonably request.

 (v) A favorable opinion of Shearman & Sterling LLP, counsel for the Agent, in form and substance
satisfactory to the Agent. 
 SECTION 3.02. Initial Advance to Each Designated Subsidiary. The obligation of each Lender
to make an initial Advance to each Designated Subsidiary is subject to the receipt by the Agent on or before the date of such initial Advance of each of the following, in form and substance reasonably satisfactory to the Agent and dated such date:

 (a) The Notes of such Designated Subsidiary to the order of the Lenders to the extent requested by any Lender
pursuant to Section 2.15. 
 (b) Certified copies of the resolutions of the Board of Directors of such
Designated Subsidiary (with a certified English translation if the original thereof is not in English) approving this Agreement and the Notes to be delivered by it, and of all documents evidencing other necessary corporate action and governmental
approvals, if any, with respect to this Agreement. 

  
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 (c) A certificate of a proper officer of such Designated Subsidiary
certifying the names and true signatures of the officers of such Designated Subsidiary authorized to sign its Designation Agreement and the Notes to be delivered by it and the other documents to be delivered by it hereunder. 

(d) A Designation Agreement duly executed by such Designated Subsidiary and the Company. 

(e) A favorable opinion of counsel (which may be in-house counsel) to such Designated Subsidiary substantially in the form
of Exhibit D hereto, and as to such other matters as any Lender through the Agent may reasonably request. 
 (g)
Such other approvals, opinions or documents as any Lender through the Agent may reasonably request including, without limitation, information and documents required by governmental authorities in respect of with “know your customer” or
similar identification procedures. 
 SECTION 3.03. Initial Advance to the Co-Borrower. The obligation of each Lender to
make an initial Advance to the Co-Borrower shall become effective on and as of the first date (the “Co-Borrower Joinder Date”) on which the Agent shall have received each of the following, in form and substance reasonably
satisfactory to the Agent and dated such date: 
 (a) The Notes of the Co-Borrower to the order of the Lenders to
the extent requested by any Lender pursuant to Section 2.15. 
 (b) Certified copies of the resolutions of
the Board of Directors of the Co-Borrower approving this Agreement and the Notes to be delivered by it, and of all documents evidencing other necessary corporate action and governmental approvals, if any, with respect to this Agreement. 

(c) A certificate of the Secretary or an Assistant Secretary or other proper officer of the Co-Borrower certifying the
names and true signatures of the officers of the Co-Borrower authorized to sign the Co-Borrower Joinder Agreement and the Notes to be delivered by it and the other documents to be delivered by it hereunder. 

(e) The Co-Borrower Joinder Agreement duly executed by the Co-Borrower, the Company, the Agent and each Lender (it being
understood that notwithstanding Section 3.05 below or anything else in this Agreement, no Lender shall be obligated to execute the Co-Borrower Joinder Agreement or to otherwise consent to the addition of the Co-Borrower as a Borrower hereunder,
but each Lender shall respond commercially promptly to any request to execute the Co-Borrower Joinder Agreement). 
 (f) Audited financial statements of the Co-Borrower for each of the three fiscal years immediately preceding the Co-Borrower Joinder Date. 

(g) A favorable opinion of counsel (which may be in-house counsel) to the Co-Borrower substantially in the form of Exhibit
D hereto, and as to such other matters as any Lender through the Agent may reasonably request. 

  
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 (h) Such other approvals, opinions or documents as any Lender through the
Agent may reasonably request including, without limitation, information and documents required by governmental authorities in respect of with “know your customer” or similar identification procedures at least five days prior to the
Co-Borrower Joinder Date. 
 SECTION 3.04. Conditions Precedent to Each Borrowing, Commitment Increase and Extension
Date. The obligation of each Lender to make an Advance on the occasion of each Borrowing, each Commitment Increase and each extension of Commitments pursuant to Section 2.18 shall be subject to the conditions precedent that the Effective
Date shall have occurred and on the date of such Borrowing, the applicable Increase Date or the applicable Extension Date (a) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing, the request for
Commitment Increase or request of Commitment Extension with respect to such Borrower and the acceptance by the applicable Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by such Borrower that on the date of
such Borrowing, such Increase Date or such Extension Date such statements are true): 
 (x) in the case of any such Borrowing,
Commitment Increase or extension of the Commitments related to the Company or any Designated Subsidiary: 
 (i)
the representations and warranties of the Company contained in Section 4.01 (except, in the case of each any Borrowing, the representations set forth in the last sentence of subsection (e) thereof and in subsection (f)(i) thereof)
and, in the case of any Borrowing made to or on behalf of a Designated Subsidiary, in the Designation Agreement for such Designated Subsidiary, are correct on and as of such date, before and after giving effect to such Borrowing and to the
application of the proceeds therefrom or from such Commitment Increase or such Extension Date, as though made on and as of such date, 
 (ii) no event has occurred and is continuing, or would result from such therefrom or from such Commitment Increase or such Extension Date or from the application of the proceeds therefrom, that
constitutes a Default with respect to the Company or any Designated Subsidiary, and 
 (iii) the Borrowing is
within any applicable debt limitations established by the Board of Directors of such Borrower; and 
 (y) in the case of any such
Borrowing, Commitment Increase or extension of the Commitments related to the Co-Borrower: 
 (i) the
representations and warranties of the Co-Borrower contained in Section 4.01 and in the Co-Borrower Joinder Agreement (except, in the case of each any Borrowing, the representations set forth in the last sentence of subsection (e) of the
Co-Borrower Joinder Agreement and in subsection (f)(i) of the Co-Borrower Joinder Agreement) are correct on and as of such date, before and after giving effect to such Borrowing and to the application of the proceeds therefrom or from such
Commitment Increase or such Extension Date, as though made on and as of such date, 
 (ii) no event has occurred
and is continuing, or would result from such therefrom or from such Commitment Increase or such Extension Date or from the application of the proceeds therefrom, that constitutes a Default with respect to the Co-Borrower, and 

  
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 (iii) the Borrowing is within any applicable debt limitations established by
the Board of Directors of the Co-Borrower; 
 and (b) the Agent shall have received such other approvals, opinions or documents as any
Lender through the Agent may reasonably request related to clauses (a)(x)(i) or (ii) or clauses (y)(i) or (ii) of this Section. 
 SECTION 3.05. Determinations Under Sections 3.01, 3.02 and 3.03. For purposes of determining compliance with the conditions specified in Sections 3.01, 3.02 and 3.03, each Lender shall be deemed to
have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Agent responsible for the
transactions contemplated by this Agreement shall have received notice from such Lender prior to the date that the Company, by notice to the Lenders, designates as the proposed Effective Date or the date of the initial Advance to the applicable
Designated Subsidiary or to the Co-Borrower, as the case may be, specifying its objection thereto. The Agent shall promptly notify the Lenders of the occurrence of the Effective Date and each date of initial Advance to a Designated Subsidiary or to
the Co-Borrower, as applicable. 
 ARTICLE IV 
 REPRESENTATIONS AND WARRANTIES 
 SECTION 4.01. Representations and
Warranties. Each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower represents and warrants, as to itself and not as to any other Borrower, as follows: 

(a) Such Borrower is a corporation duly organized, validly existing and in good standing under the laws of its
jurisdiction of organization. 
 (b) The execution, delivery and performance by such Borrower of this Agreement
and the Notes to be delivered by it, and the consummation of the transactions contemplated hereby, are within such Borrower’s corporate powers, have been duly authorized by all necessary corporate action, and do not contravene (i) such
Borrower’s charter or by-laws or (ii) law or any contractual restriction binding on or affecting such Borrower. 
 (c) No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or any other third party is required for the due execution, delivery and
performance by such Borrower of this Agreement or the Notes to be delivered by it. 
 (d) This Agreement has
been, and each of the Notes to be delivered by it when delivered hereunder will have been, duly executed and delivered by such Borrower. This Agreement is, and each of the Notes delivered by such Borrower when delivered hereunder will be, the legal,
valid and binding obligation of such Borrower enforceable against such Borrower in accordance with their respective terms. 
 (e) The Audited Financial Statements applicable to such Borrower, accompanied by an opinion of Ernst & Young LLP, independent public accountants (or other independent public accountants of
national standing), and the Quarterly Financial Statements applicable to such Borrower, duly certified by the chief financial officer of such Borrower, copies of which have been furnished to each Lender, fairly present in all material respects,
subject, in the case of said 

  
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Quarterly Financial Statements, to year-end audit adjustments, the Consolidated financial condition of such Borrower and its Subsidiaries as at such dates and the Consolidated results of the
operations of such Borrower and its Subsidiaries for the periods ended on such dates, all in accordance with generally accepted accounting principles consistently applied. Except as disclosed in filings with the Securities and Exchange Commission
prior to the date hereof, since December 31, 2011, there has been no Material Adverse Change with respect to the Company. 
 (f) There is no pending or, to the knowledge of the Company, threatened action, suit, investigation, litigation or proceeding affecting such Borrower or any of its Subsidiaries before any court,
governmental agency or arbitrator that (i) is not disclosed in a filing by such Borrower with the Securities and Exchange Commission and would be reasonably likely to have a Material Adverse Effect with respect to the Company or
(ii) purports to affect the legality, validity or enforceability of this Agreement or any Note or the consummation of the transactions contemplated hereby. 
 (g) Such Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board of Governors of the
Federal Reserve System), and no proceeds of any Advance will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock. Following application of the proceeds of each
Advance, not more than 25 percent of the value of the assets (either of such Borrower only or of such Borrower and its Subsidiaries on a Consolidated basis) that are subject to a restriction on sale, pledge, or disposal under this Agreement will be
represented by margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System). 
 (h) Such Borrower is not an “investment company”, or a company “controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended.

 ARTICLE V 
 COVENANTS OF THE BORROWERS 
 SECTION 5.01. Affirmative Covenants. So long
as any Advance shall remain unpaid or any Lender shall have any Commitment hereunder, each of the Company and, after the Co-Borrower Joinder Date, the Co-Borrower will: 

(a) Compliance with Laws, Etc. Comply, and cause each of its Subsidiaries to comply with all applicable laws,
rules, regulations and orders, such compliance to include, without limitation, compliance with ERISA and the Patriot Act, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material
Adverse Effect. 
 (b) Payment of Taxes, Etc. Pay and discharge, and cause each of its Subsidiaries to pay
and discharge, before the same shall become delinquent, (i) all federal and other material taxes, assessments and governmental charges or levies imposed upon it or upon its property and (ii) all lawful claims that, if unpaid, might by law
become a Lien upon its material property; provided, however, that neither such Borrower nor any of its Subsidiaries shall be required to pay or discharge any such tax, assessment, charge or claim that is being contested in good faith
and by proper proceedings and as to which appropriate reserves are being maintained, unless and until any Lien resulting therefrom attaches to its property and becomes enforceable against its other creditors. 

  
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 (c) Maintenance of Insurance. Maintain, and cause each of its
Subsidiaries to maintain, insurance with responsible and reputable insurance companies or associations in such amounts and covering such risks as is usually carried by companies engaged in similar businesses and owning similar properties in the same
general areas in which such Borrower or such Subsidiary operates; provided, however, that such Borrower and its Subsidiaries may self-insure (including through captive insurance subsidiaries) to the extent consistent with prudent
business practice. 
 (d) Preservation of Corporate Existence, Etc. Preserve and maintain, and cause each
of its Subsidiaries to preserve and maintain, its corporate existence and its material rights (charter and statutory) and franchises; provided, however, that such Borrower and its Subsidiaries may consummate any merger or consolidation
permitted under Section 5.02(b) and provided further that neither such Borrower nor any of its Subsidiaries shall be required to preserve any right or franchise if the Board of Directors of such Borrower or such Subsidiary shall
determine that the preservation thereof is no longer desirable in the conduct of the business of such Borrower or such Subsidiary, as the case may be, and that the loss thereof is not disadvantageous in any material respect to such Borrower or such
Subsidiary. 
 (e) Visitation Rights. At any reasonable time and from time to time during normal business
hours, permit the Agent or any of the Lenders or any agents or representatives thereof, to examine the records and books of account of, and visit the properties of, such Borrower and any of its Subsidiaries, and, upon execution of a confidentiality
agreement, to discuss the affairs, finances and accounts of such Borrower and any of its Subsidiaries with any of the officers or directors of such Borrower and with their independent certified public accountants, provided, however,
that examination of the records and books of account of such Borrower or any of its Subsidiaries shall occur only at times when an Advance or Advances made to the Company or any Designated Subsidiary or made to the Co-Borrower, as applicable, shall
be outstanding. 
 (f) Keeping of Books. Keep, and cause each of its Subsidiaries to keep, proper books of
record and account, in which full and correct entries shall be made of all financial transactions and the assets and business of such Borrower and each such Subsidiary in accordance with generally accepted accounting principles in effect from time
to time. 
 (g) Maintenance of Properties, Etc. Maintain and preserve, and cause each of its Subsidiaries
to maintain and preserve, all of its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so, individually or in the aggregate, would
not reasonably be expected to result in a Material Adverse Effect. 
 (h) Reporting Requirements. Furnish to the Lenders:

 (i) as soon as available and in any event within 40 days after the end of each of the first three quarters of
each fiscal year of such Borrower, the Consolidated balance sheet of such Borrower and its Subsidiaries as of the end of such quarter and Consolidated statements of income and cash flows of such Borrower and its Subsidiaries for the period
commencing at the end of the previous fiscal year and ending with the end of such quarter, duly certified (subject to year-end audit adjustments) by the chief financial officer of such Borrower as having been prepared in accordance with generally

  
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accepted accounting principles (it being understood that the certification provided by the chief financial officer in compliance with the Sarbanes-Oxley Act is acceptable for this purpose) and
prepare and deliver a certificate of the chief financial officer of such Borrower as to compliance with the terms of this Agreement and setting forth in reasonable detail the calculations necessary to demonstrate compliance with Section 5.03
(it being understood that the only certification regarding pro forma adjustments included in such calculation shall be that the adjustments are reasonable good faith estimates prepared on the basis of information available as of the date that such
pro forma adjustments are determined), provided that in the event of any change since the date hereof in generally accepted accounting principles used in the preparation of such financial statements, such Borrower shall provide the financial
information required for the determination of compliance with Section 5.03 based on GAAP in effect as of the date hereof; 
 (ii) as soon as available and in any event within 75 days after the end of each fiscal year of such Borrower, a copy of the annual report for such year for such Borrower containing the Consolidated
balance sheet of such Borrower and its Subsidiaries as of the end of such fiscal year and Consolidated statements of income and cash flows of such Borrower and its Subsidiaries for such fiscal year, in each case accompanied by an opinion by
Ernst & Young LLP or other independent public accountants of national standing to the effect that such Consolidated financial statements fairly present its financial condition and results of operations on a Consolidated basis in accordance
with generally accepted accounting principles consistently applied and prepare and deliver a certificate of the chief financial officer of such Borrower as to compliance with the terms of this Agreement and setting forth in reasonable detail the
calculations necessary to demonstrate compliance with Section 5.03 (it being understood that the only certification regarding pro forma adjustments included in such calculation shall be that the adjustments are reasonable good faith estimates
prepared on the basis of information available as of the date that such pro forma adjustments are determined), provided that in the event of any change since the date hereof in generally accepted accounting principles used in the preparation
of such financial statements, such Borrower shall provide the financial information required for the determination of compliance with Section 5.03 based on GAAP in effect as of the date hereof; 

(iii) as soon as possible and in any event within five Business Days after the occurrence of each Default with respect to
the Company or any Designated Subsidiary or with respect to the Co-Borrower, as applicable, continuing on the date of such statement, a statement of the chief financial officer of such Borrower setting forth details of such Default and the action
that such Borrower has taken and proposes to take with respect thereto; 
 (iv) if Advances made to the Company
or any Designated Subsidiary, in the case of the Company, or made to the Co-Borrower, in the case of the Co-Borrower, are outstanding and if such are not available on the Internet at www.att.com, www.sec.gov or another website designated by such
Borrower, promptly after the sending or filing thereof, copies of all reports that such Borrower sends to any of its securityholders, and copies of all reports and registration statements that such Borrower or any Subsidiary files with the
Securities and Exchange Commission or any national securities exchange; 

  
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 (v) prompt notice of the commencement of all actions and proceedings before
any court, governmental agency or arbitrator affecting such Borrower or any of its Subsidiaries of the type described in Section 4.01(f); and 
 (vi) such other information respecting such Borrower or any of its Subsidiaries as any Lender through the Agent may from time to time reasonably request of a material nature that may reasonably relate to
the condition (financial or otherwise), operations, properties or prospects of such Borrower or such Borrower and its Subsidiaries taken as a whole. 
 Reports and financial statements required to be furnished by such Borrower pursuant to clauses (i), (ii) and (iv) of this subsection (h) shall be deemed to have been furnished on the
earlier of (A) the date on which such reports and financial statements are posted on the Internet at www.sec.gov or (B) the date on which such Borrower posts such reports, or reports containing such financial statements, on its website on
the Internet at www.att.com or at such other website identified by such Borrower in a notice to the Agent and the Lenders and that is accessible by the Lenders without charge; provided that the Lenders shall be deemed to have received the
information specified in clauses (i), (ii) and (iv) of this subsection (h) on the date (x) such information is posted at the website of the Agent identified from time to time by the Agent to the Lenders and such Borrower and
(y) such posting is notified to the Lenders (it being understood that such Borrower shall have satisfied the timing obligations imposed by those clauses as of the earliest date such information is posted on the Internet at www.sec.gov or the
website referred to in clause (B) above). 
 SECTION 5.02. Negative Covenants. So long as any Advance shall remain
unpaid or any Lender shall have any Commitment hereunder, neither the Company nor, after the Co-Borrower Joinder Date, the Co-Borrower will: 
 (a) Liens, Etc. Create or suffer to exist, or permit any of its Subsidiaries to create or suffer to exist, any Lien on or with respect to any of its properties, whether now owned or hereafter
acquired, or assign, or permit any of its Subsidiaries to assign, any right to receive income, other than: 
 (i)
Permitted Liens, 
 (ii) purchase money Liens upon or in any real property or equipment acquired or held by such
Borrower or any Subsidiary of such Borrower in the ordinary course of business to secure the purchase price of such property or equipment or to secure Debt incurred solely for the purpose of financing the acquisition of such property or equipment
(including capital leases), or Liens existing on such property or equipment at the time of its acquisition (other than any such Liens created in contemplation of such acquisition that were not incurred to finance the acquisition of such property) or
extensions, renewals or replacements of any of the foregoing for the same or a lesser amount, provided, however, that no such Lien shall extend to or cover any properties of any character other than the real property or equipment being
acquired, and no such extension, renewal or replacement shall extend to or cover any properties not theretofore subject to the Lien being extended, renewed or replaced, 

(iii) in the case of the Company and its Subsidiaries, the Liens existing on the date hereof and described on
Schedule 5.02(a) hereto and, in the case of the Co-Borrower and its Subsidiaries, the Liens existing on the Co-Borrower Joinder Date and described on Schedule 5.02(a) to the Co-Borrower Joinder Agreement, 

  
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 (iv) Liens on property of a Person existing at the time such Person is
merged into or consolidated with such Borrower or any Subsidiary of such Borrower or becomes a Subsidiary of such Borrower; provided that such Liens were not created in contemplation of such merger, consolidation or acquisition and do not
extend to any assets other than those of the Person so merged into or consolidated with such Borrower or such Subsidiary or acquired by such Borrower or such Subsidiary, 

(v) Liens on accounts receivable (and in property securing or otherwise supporting such accounts receivable together with
proceeds thereof) of such Borrower and its Subsidiaries in connection with a Receivables Securitization, 
 (vi)
Liens on assets of a Subsidiary that is a regulated telephone company (a “Telco”) that, pursuant to the public debt indenture(s) of such Telco, are created upon the merger or conveyance or sale of all or substantially all of the
assets of such Telco, 
 (vii) Liens on real property securing Debt and other obligations in an aggregate
principal amount not to exceed $1,000,000,000 at any time outstanding, 
 (viii) other Liens securing Debt and
other obligations in an aggregate principal amount not to exceed at any time outstanding five percent of Consolidated Net Tangible Assets, and 
 (ix) the replacement, extension or renewal of any Lien permitted by clause (iii) or (iv) above upon or in the same property theretofore subject thereto or the replacement, extension or renewal
(without increase in the amount or change in any direct or contingent obligor) of the Debt secured thereby. 

(b) Mergers, Etc. Merge or consolidate with or into, or, directly or indirectly, convey, transfer, lease or
otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to, any Person. 

(c) Accounting Changes. Make or permit, or permit any of its Subsidiaries to make or permit, any change in
accounting policies or reporting practices, except as required or permitted by generally accepted accounting principles. 

SECTION 5.03. Financial Covenant. The Company and, after the Co-Borrower Joinder Date, the Co-Borrower, will maintain, as of the
last day of each fiscal quarter, a ratio of Consolidated Debt for Borrowed Money to Consolidated EBITDA of such Borrower and its Subsidiaries for the four quarters then ended of not more than 3.0 to 1. 

ARTICLE VI 

EVENTS OF DEFAULT 
 SECTION 6.01. Events of Default. If any of the following events (“Events of Default”) shall occur and be continuing with respect to the Company or, after the Co-Borrower Joinder
Date, the Co-Borrower: 

  
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 (a) Failure to pay any principal of any Advance made to the Company or any
Designated Subsidiary or any Advance made to the Co-Borrower when the same becomes due and payable; or such Borrower shall fail to pay any interest on any Advance or to make any other payment of fees or other amounts payable under this Agreement or
any Note within three Business Days after the same becomes due and payable; or 
 (b) Any representation or
warranty made by such Borrower herein or by such Borrower in connection with this Agreement shall prove to have been incorrect in any material respect when made; provided that, for purposes of this clause (b), each representation made by a
Designated Subsidiary shall be deemed to be made by the Company; or 
 (c) (i) Such Borrower shall fail to
perform or observe any term, covenant or agreement applicable to it contained in Section 5.01(d), (e) or (h), 5.02 or 5.03, or (ii) such Borrower shall fail to perform or observe any other term, covenant or agreement contained in this
Agreement on its part to be performed or observed if such failure shall remain unremedied for 10 days after written notice thereof shall have been given to such Borrower by the Agent or any Lender; or 

(d) Such Borrower or any of its Subsidiaries shall fail to pay any principal of or premium or interest on any Debt that is
outstanding in a principal or net amount of at least $400,000,000 in the aggregate (but excluding Debt owing by such Borrower outstanding hereunder) of such Borrower or such Subsidiary (as the case may be), when the same becomes due and payable
(whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; or any other event
shall occur or condition shall exist under any agreement or instrument relating to any such Debt and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to
accelerate the maturity of such Debt; or any such Debt shall be declared to be due and payable, or required to be prepaid or redeemed (other than by a regularly scheduled required prepayment or redemption), purchased or defeased, or an offer to
prepay, redeem, purchase or defease such Debt shall be required to be made, in each case prior to the stated maturity thereof; or 
 (e) Such Borrower or any of its Subsidiaries shall generally not pay its debts as such debts become due, or shall admit in writing its inability to pay its debts generally, or shall make a general
assignment for the benefit of creditors; or any proceeding shall be instituted by or against such Borrower or any of its Subsidiaries seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement,
adjustment, protection, relief, or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee,
custodian or other similar official for it or for any substantial part of its property and, in the case of any such proceeding instituted against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period
of 30 days, or any of the actions sought in such proceeding (including, without limitation, the entry of an order for relief against, or the appointment of a receiver, trustee, custodian or other similar official for, it or for any substantial part
of its property) shall occur; or such Borrower or any of its Subsidiaries shall take any corporate action to authorize any of the actions set forth above in this subsection (e); or 

(f) Final and non-appealable judgments or orders for the payment of money in excess of $400,000,000 in the aggregate shall
be rendered against such Borrower or any of its Subsidiaries thirty days shall have passed since such judgment became final and non-appealable 

  
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and enforcement proceedings shall have been commenced by any creditor upon such judgment or order; provided, however, that any such judgment or order shall not be an Event of
Default under this Section 6.01(f) if and for so long as (i) the amount of such judgment or order is covered by a valid and binding policy of insurance between the defendant and the insurer covering payment thereof and (ii) such
insurer, which shall be rated at least “A” by A.M. Best Company, has been notified of, and has not disputed the claim made for payment of, the amount of such judgment or order; or 

(g) (i) with respect to the Company (A) any Person or two or more Persons acting in concert shall have acquired
beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities Exchange Act of 1934), directly or indirectly, of Voting Stock of such Borrower (or other securities convertible into such
Voting Stock) representing more than 50% of the combined voting power of all Voting Stock of such Borrower; or (B) during any period of up to 24 consecutive months, commencing after the date of this Agreement, individuals who at the beginning
of such 24-month period were directors of such Borrower shall cease for any reason (other than due to retirement, death or disability) to constitute a majority of the board of directors of such Borrower (except to the extent that individuals who at
the beginning of such 24-month period were replaced by individuals (x) elected by 66-2/3% of the remaining members of the board of directors of such Borrower or (y) nominated for election by a majority of the remaining members of the board
of directors of such Borrower and thereafter elected as directors by the shareholders of such Borrower); or (ii) with respect to the Co-Borrower, any Person or two or more Persons acting in concert (other than the Company) shall have acquired
beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities Exchange Act of 1934), directly or indirectly, of Voting Stock of such Borrower (or other securities convertible into such
Voting Stock) representing more than 50% of the combined voting power of all Voting Stock of such Borrower; or 

(h) Such Borrower or any ERISA Affiliate shall fail to satisfy minimum funding requirements under Section 412 of the
Code or Section 302 of ERISA to any Plan, or apply for a waiver of such requirements; or 
 (i) So long as
any Subsidiary of the Company is a Designated Subsidiary, any provision of Article VII shall for any reason cease to be valid and binding on or enforceable against the Company, or the Company shall so state in writing (provided that this clause
(i) shall not be applicable to the Co-Borrower); 
 then, and in any such event, the Agent (i) shall at the request, or may with the
consent, of the Required Lenders, by notice to the Company (in the case of an Event of Default by the Company or any Designated Subsidiary) or the Co-Borrower (in the case of an Event of Default by the Co-Borrower), declare the obligation of each
Lender to make Advances to the Company and the Designated Subsidiaries (in the case of an Event of Default by the Company or any Designated Subsidiary) or the Co-Borrower (in the case of an Event of Default by the Co-Borrower) to be terminated,
whereupon the same shall forthwith terminate, and (ii) shall at the request, or may with the consent, of the Required Lenders, by notice to the Company (in the case of an Event of Default by the Company or any Designated Subsidiary) or the
Co-Borrower (in the case of an Event of Default by the Co-Borrower), declare the Advances, all interest thereon and all other amounts payable by the Company and each Designated Subsidiary (in the case of an Event of Default by the Company or any
Designated Subsidiary) or the Co-Borrower (in the case of an Event of Default by the Co-Borrower) under this Agreement to be forthwith due and payable, whereupon such Advances, all such interest and all such amounts shall become and be forthwith due
and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by 

  
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each Borrower; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (A) the
obligation of each Lender to make Advances to such Borrower shall automatically be terminated and (B) the Advances made to such Borrower, all such interest and all such amounts shall automatically become and be due and payable, without
presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by each Borrower. 
 ARTICLE VII

 GUARANTY 
 SECTION 7.01. Unconditional Guaranty. The Company hereby absolutely, unconditionally and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date of a
required prepayment or by acceleration, demand or otherwise, of all obligations of each Designated Subsidiary now or hereafter existing under or in respect of this Agreement and the Notes (including, without limitation, any extensions,
modifications, substitutions, amendments or renewals of any or all of the foregoing obligations), whether direct or indirect, absolute or contingent, and whether for principal, interest, premiums, fees, indemnities, contract causes of action, costs,
expenses or otherwise (such obligations being the “Guaranteed Obligations”), and agrees to pay any and all expenses (including, without limitation, fees and expenses of outside counsel) incurred by the Agent or any Lender in
enforcing any rights under this Article VII. Without limiting the generality of the foregoing, the Company’s liability shall extend to all amounts that constitute part of the Guaranteed Obligations and would be owed by such Designated
Subsidiary to the Agent or any Lender under or in respect of this Agreement and the Notes but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving such
Designated Subsidiary. 
 SECTION 7.02. Guaranty Absolute. (a) The Company guarantees that the Guaranteed
Obligations will be paid strictly in accordance with the terms of this Agreement and the Notes, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of the Agent or any
Lender with respect thereto. The obligations of the Company under or in respect of this Article VII are independent of the Guaranteed Obligations or any other obligations of any Designated Subsidiary under or in respect of this Agreement and the
Notes, and a separate action or actions may be brought and prosecuted against the Company to enforce this Article VII, irrespective of whether any action is brought against any Designated Subsidiary or whether any Designated Subsidiary is joined in
any such action or actions. The liability of the Company under this Article VII shall be irrevocable, absolute and unconditional irrespective of, and the Company hereby irrevocably waives any defenses it may now have or hereafter acquire in any way
relating to, any or all of the following: 
 (a) any lack of validity or enforceability of this Agreement, any
Note or any agreement or instrument relating thereto; 
 (b) any change in the time, manner or place of payment
of, or in any other term of, all or any of the Guaranteed Obligations or any other obligations of any Designated Subsidiary under or in respect of this Agreement and the Notes, or any other amendment or waiver of or any consent to departure from
this Agreement or any Note, including, without limitation, any increase in the Guaranteed Obligations resulting from the extension of additional credit to any Designated Subsidiary or any of its Subsidiaries or otherwise; 

  
 43 

 (c) any taking, exchange, release or non-perfection of any collateral, or
any taking, release or amendment or waiver of, or consent to departure from, any other guaranty, for all or any of the Guaranteed Obligations; 
 (d) any manner of application of any collateral, or proceeds thereof, to all or any of the Guaranteed Obligations, or any manner of sale or other disposition of any collateral for all or any of the
Guaranteed Obligations or any other obligations of any Designated Subsidiary under this Agreement and the Notes or any other assets of any Designated Subsidiary or any of its Subsidiaries; 

(e) any change, restructuring or termination of the corporate structure or existence of any Designated Subsidiary or any
of its Subsidiaries; 
 (f) any failure of the Agent or any Lender to disclose to the Company any information
relating to the business, condition (financial or otherwise), operations, performance, properties or prospects of any Designated Subsidiary now or hereafter known to the Agent or such Lender (the Company waiving any duty on the part of the Agent and
the Lenders to disclose such information); 
 (g) the failure of any other Person to execute or deliver any
guaranty or agreement or the release or reduction of liability of the Company or other guarantor or surety with respect to the Guaranteed Obligations; or 
 (h) any other circumstance (including, without limitation, any statute of limitations) or any existence of or reliance on any representation by the Agent or any Lender that might otherwise constitute a
defense available to, or a discharge of, any Designated Subsidiary or any other guarantor or surety. 
 This Article VII shall continue to be
effective or be reinstated, as the case may be, if at any time any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by the Agent or any Lender or any other Person upon the insolvency, bankruptcy or
reorganization of any Designated Subsidiary or otherwise, all as though such payment had not been made. 
 SECTION 7.03.
Waivers and Acknowledgments. (a) The Company hereby unconditionally and irrevocably waives promptness, diligence, notice of acceptance, presentment, demand for performance, notice of nonperformance, default, acceleration, protest or
dishonor and any other notice with respect to any of the Guaranteed Obligations and this Article VII and any requirement that the Agent or any Lender protect, secure, perfect or insure any Lien or any property subject thereto or exhaust any right or
take any action against any Designated Subsidiary or any other Person or any collateral. 
 (b) The Company
hereby unconditionally and irrevocably waives any right to revoke this Article VII and acknowledges that the guaranty set forth in this Article VII is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the
future. 
 (c) The Company hereby unconditionally and irrevocably waives (i) any defense arising by reason
of any claim or defense based upon an election of remedies by the Agent or any Lender that in any manner impairs, reduces, releases or otherwise adversely affects the subrogation, reimbursement, exoneration, contribution or indemnification rights of
the Company or other rights of the Company to proceed against any Designated Subsidiary, any other guarantor or any other Person or any collateral and (ii) any defense based on any right of set-off or counterclaim against or in respect of the
obligations of the Company hereunder. 

  
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 (d) The Company hereby unconditionally and irrevocably waives any duty on
the part of the Agent or any Lender to disclose to the Company any matter, fact or thing relating to the business, condition (financial or otherwise), operations, performance, properties or prospects of any Designated Subsidiary or any of its
Subsidiaries now or hereafter known by the Agent or such Lender. 
 (e) The Company acknowledges that it will
receive substantial direct and indirect benefits from the financing arrangements contemplated by this Agreement and the Notes and that the waivers set forth in Section 7.02 and this Section 7.03 are knowingly made in contemplation of such
benefits. 
 SECTION 7.04. Subrogation. The Company hereby unconditionally and irrevocably agrees not to exercise any
rights that it may now have or hereafter acquire against any Designated Subsidiary or any other insider guarantor that arise from the existence, payment, performance or enforcement of the Company’s obligations under or in respect of this
Article VII, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of the Agent or any Lender against any Designated Subsidiary or any
other insider guarantor or any collateral, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including, without limitation, the right to take or receive from any Designated Subsidiary or any other
insider guarantor, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security on account of such claim, remedy or right, unless and until all of the Guaranteed Obligations and all other amounts
payable under this Article VII shall have been paid in full in cash and the Commitments shall have expired or been terminated. If any amount shall be paid to the Company in violation of the immediately preceding sentence at any time prior to the
latest of (a) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Article VII and (b) the Termination Date, such amount shall be received and held in trust for the benefit of the Agent and the
Lenders, shall be segregated from other property and funds of the Company and shall forthwith be paid or delivered to the Agent in the same form as so received (with any necessary endorsement or assignment) to be credited and applied to the
Guaranteed Obligations and all other amounts payable under this Article VII, whether matured or unmatured, in accordance with the terms of this Agreement and the Notes, or to be held as collateral for any Guaranteed Obligations or other amounts
payable under this Article VII thereafter arising. If (i) the Company shall make payment to the Agent or any Lender of all or any part of the Guaranteed Obligations, (ii) all of the Guaranteed Obligations and all other amounts payable
under this Article VII shall have been paid in full in cash and (iii) the Termination Date shall have occurred, the Agent and the Lenders will, at the Company’s request and expense, execute and deliver to the Company appropriate documents,
without recourse and without representation or warranty, necessary to evidence the transfer by subrogation to the Company of an interest in the Guaranteed Obligations resulting from such payment made by the Company pursuant to this Article VII.

 SECTION 7.05. Subordination. The Company hereby subordinates any and all debts, liabilities and other obligations owed
to the Company by any Designated Subsidiary (the “Subordinated Obligations”) to the Guaranteed Obligations to the extent and in the manner hereinafter set forth in this Section 7.05: 

(a) Prohibited Payments, Etc. Except during the continuance of an Event of Default (including the commencement and
continuation of any proceeding under any Bankruptcy Law relating to such Designated Subsidiary), the Company may receive regularly scheduled payments 

  
 45 

 
from such Designated Subsidiary on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of
any proceeding under any Bankruptcy Law relating to such Designated Subsidiary), however, unless the Required Lenders otherwise agree, the Company shall not demand, accept or take any action to collect any payment on account of the Subordinated
Obligations. 
 (b) Prior Payment of Guaranteed Obligations. In any proceeding under any Bankruptcy Law
relating to such Designated Subsidiary, the Company agrees that the Agent and the Lenders shall be entitled to receive payment in full in cash of all Guaranteed Obligations (including all interest and expenses accruing after the commencement of a
proceeding under any Bankruptcy Law, whether or not constituting an allowed claim in such proceeding (“Post Petition Interest”)) before the Company receives payment of any Subordinated Obligations. 

(c) Turn-Over. After the occurrence and during the continuance of any Event of Default (including the commencement
and continuation of any proceeding under any Bankruptcy Law relating to such Designated Subsidiary), the Company shall, if the Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the
Agent and the Lenders and deliver such payments to the Agent on account of the Guaranteed Obligations (including all Post Petition Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or
affecting in any manner the liability of the Company under the other provisions of this Article VII. 
 (d)
Agent Authorization. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to such Designated Subsidiary), the Agent is
authorized and empowered (but without any obligation to so do), in its discretion, (i) in the name of the Company, to collect and enforce, and to submit claims in respect of, Subordinated Obligations and to apply any amounts received thereon to
the Guaranteed Obligations (including any and all Post Petition Interest), and (ii) to require the Company (A) to collect and enforce, and to submit claims in respect of, Subordinated Obligations and (B) to pay any amounts received on
such obligations to the Agent for application to the Guaranteed Obligations (including any and all Post Petition Interest). 

SECTION 7.06. Continuing Guaranty; Assignments. The guaranty under this Article VII is a continuing guaranty and shall
(a) remain in full force and effect until the latest of (i) the payment in full in cash of the Guaranteed Obligations and all other amounts payable under this Article VII and (ii) the Termination Date, (b) be binding upon the
Company, its successors and assigns and (c) inure to the benefit of and be enforceable by the Agent and the Lenders and their successors, transferees and assigns. Without limiting the generality of clause (c) of the immediately preceding
sentence, the Agent or any Lender may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement (including, without limitation, all or any portion of its Commitments, the Advances owing to it and the Note or
Notes held by it) to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to the Agent or such Lender herein or otherwise, in each case as and to the extent provided in
Section 9.06. 

  
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 ARTICLE VIII 
 THE AGENT 
 SECTION 8.01. Authorization and Authority. Each Lender hereby
irrevocably appoints Citibank, N.A. to act on its behalf as the Agent hereunder and under the Notes and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof, together
with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Agent and the Lenders, and the Borrowers shall have no rights as a third party beneficiary of any of such provisions.
It is understood and agreed that the use of the term “agent” herein (or any other similar term) with reference to the Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of
any applicable law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. 

SECTION 8.02. Agent Individually. The Person serving as the Agent hereunder shall have the same rights and powers in its capacity
as a Lender as any other Lender and may exercise the same as though it were not the Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person
serving as the Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind
of business with any Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Agent hereunder and without any duty to account therefor to the Lenders. 

SECTION 8.03. Duties of Agent; Exculpatory Provisions. (a) The Agent’s duties hereunder are solely ministerial and
administrative in nature and the Agent shall not have any duties or obligations except those expressly set forth herein. Without limiting the generality of the foregoing, the Agent: 

(i) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
 (ii) shall not have any duty to take any discretionary action or exercise any discretionary
powers, except discretionary rights and powers expressly contemplated hereby that the Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for
herein); provided that the Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Agent to liability or that is contrary to this Agreement or applicable law, including for the
avoidance of doubt any action that may be in violation of the automatic stay under any debtor relief law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any debtor relief law; and

 (iii) shall not, except as expressly set forth herein, have any duty to disclose, and shall not be liable for
the failure to disclose, any information relating to any Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Agent or any of its Affiliates in any capacity. 

(b) The Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required
Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 9.01 or 6.01) or (ii) in the absence of its
own gross negligence or willful misconduct. The Agent shall be deemed not to have knowledge of any Default or the event or events that give or may give rise to any Default unless and until any Borrower or any Lender shall have given notice to the
Agent describing such Default and such event or events. 

  
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 (c) The Agent shall not be responsible for or have any duty to ascertain or inquire into
(i) any statement, warranty, representation or other information made or supplied in or in connection with this Agreement or the Information Memorandum, (ii) the contents of any certificate, report or other document delivered hereunder or
thereunder or in connection herewith or therewith or the adequacy, accuracy and/or completeness of the information contained therein, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth
herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement or any other agreement, instrument or document or the perfection or priority of any Lien or security interest
created or purported to be created hereby or (v) the satisfaction of any condition set forth in Article III or elsewhere herein, other than (but subject to the foregoing clause (ii)) to confirm receipt of items expressly required to be
delivered to the Agent. 
 (d) Nothing in this Agreement shall require the Agent or any of its Related Parties to carry out any
“know your customer” or other checks in relation to any Person on behalf of any Lender and each Lender confirms to the Agent that it is solely responsible for any such checks it is required to carry out and that it may not rely on any
statement in relation to such checks made by the Agent or any of its Related Parties. 
 SECTION 8.04. Reliance by Agent.
The Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website
posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of an Advance that by its terms must be fulfilled to the satisfaction of a Lender, the Agent may
presume that such condition is satisfactory to such Lender unless an officer of the Agent responsible for the transactions contemplated hereby shall have received notice to the contrary from such Lender prior to the making of such Advance, and such
Lender shall not have made available to the Agent such Lender’s ratable portion of the applicable Borrowing. The Agent may consult with legal counsel (who may be counsel for a Borrower), independent accountants and other experts selected by it,
and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 
 SECTION 8.05. Delegation of Duties. The Agent may perform any and all of its duties and exercise its rights and powers hereunder by or through any one or more sub-agents appointed by the Agent. The
Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. Each such sub-agent and the Related Parties of the Agent and each such sub-agent shall be entitled
to the benefits of all provisions of this Article VII and Section 9.04 (as though such sub-agents were the “Agent” hereunder) as if set forth in full herein with respect thereto. 

SECTION 8.06. Resignation of Agent. (a) The Agent may at any time give notice of its resignation to the Lenders and the
Borrowers. At any time when the Agent or its Affiliate is a Defaulting Lender, the Required Lenders may, and upon the request of the Borrowers shall, remove the Agent by giving notice to the Agent. Upon receipt or giving of any such notice of
resignation, the Required Lenders shall have the right, in consultation with the Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an 

  
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Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within
30 days after the retiring Agent gives notice of its resignation (such 30-day period, the “Lender Appointment Period”), then the retiring Agent may on behalf of the Lenders, appoint a successor Agent meeting the qualifications
set forth above. In addition and without any obligation on the part of the retiring Agent to appoint, on behalf of the Lenders, a successor Agent, the retiring Agent may at any time upon or after the end of the Lender Appointment Period notify the
Borrowers and the Lenders that no qualifying Person has accepted appointment as successor Agent and the effective date of such retiring Agent’s resignation. Upon the resignation effective date established in such notice and regardless of
whether a successor Agent has been appointed and accepted such appointment, the retiring Agent’s resignation shall nonetheless become effective and (i) the retiring Agent shall be discharged from its duties and obligations as Agent
hereunder and (ii) all payments, communications and determinations provided to be made by, to or through the Agent shall instead be made by or to each Lender directly, until such time as the Required Lenders appoint a successor Agent as
provided for above in this paragraph. Upon the acceptance of a successor’s appointment as Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties as Agent of the retiring (or
retired) Agent, and the retiring Agent shall be discharged from all of its duties and obligations as Agent hereunder (if not already discharged therefrom as provided above in this paragraph). The fees payable by the Borrowers to a successor Agent
shall be the same as those payable to its predecessor unless otherwise agreed between the Borrowers and such successor. After the retiring Agent’s resignation hereunder, the provisions of this Article and Section 9.04 shall continue in
effect for the benefit of such retiring Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Agent was acting as Agent. 

SECTION 8.07. Non-Reliance on Agent and Other Lenders. Each Lender acknowledges that it has, independently and without reliance
upon the Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that
it will, independently and without reliance upon the Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking
or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder. 
 SECTION 8.08. Indemnification. The Lenders agree to indemnify the Agent (to the extent not reimbursed by any Borrower), ratably according to the respective principal amounts of the Advances then
owed to each of them (or if no Advances are at the time outstanding, ratably according to the respective amounts of their Commitments), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Agent in any way relating to or arising out of this Agreement or any action taken or omitted by the Agent under this
Agreement (collectively, the “Indemnified Costs”), provided that no Lender shall be liable for any portion of the Indemnified Costs resulting from the Agent’s gross negligence or willful misconduct. Without limitation of
the foregoing, each Lender agrees to reimburse the Agent promptly upon demand for its ratable share of any out-of-pocket expenses (including reasonable counsel fees) incurred by the Agent in connection with the preparation, execution, delivery,
administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, to the extent that the Agent is not reimbursed
for such expenses by any Borrower. In the case of any investigation, litigation or proceeding giving rise to any Indemnified Costs, this Section 8.08 applies whether any such investigation, litigation or proceeding is brought by the Agent, any
Lender or a third party. 

  
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 SECTION 8.09. Other Agents. Each Lender hereby acknowledges that neither the
syndication agent, the documentation agents nor any other Lender designated as any “Agent” on the signature pages hereof (other than the Agent) has any liability hereunder other than in its capacity as a Lender. 

ARTICLE IX 

MISCELLANEOUS 

SECTION 9.01. Amendments, Etc. (a) No amendment or waiver of any provision of this Agreement or the Notes, nor consent to any
departure by any Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Required Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided, however, that no amendment, waiver or consent shall: (a) waive any of the conditions specified in Section 3.01 without the written consent of all Lenders, (b) increase or, subject to
Section 2.18, extend the Commitment of any Lender without the written consent of such Lender, (c) reduce the principal of, or rate of interest on, the Advances or any fees or other amounts payable hereunder without the written consent of
all Lenders directly affected thereby, (d) postpone any date fixed for any payment of principal of, or interest on, the Advances or any fees or other amounts payable hereunder without the written consent of all Lenders directly affected
thereby, (e) change the definition of “Required Lenders”, or the percentage of the Commitments or of the aggregate unpaid principal amount of the Advances, or the number of Lenders, that shall be required for the Lenders or any of
them to take any action hereunder (including, without limitation, approval of the joinder of the Co-Borrower) without the written consent of all Lenders, (f) add any currencies to the definition of Committed Currencies without the written
consent of all Lenders directly affected thereby, (g) increase the Co-Borrower Sublimit without the written consent of all Lenders directly affected thereby, (h) so long as any Designated Subsidiary is a Borrower hereunder, release the
Company from its obligations under Section 7.01 without the written consent of all Lenders other than Defaulting Lenders or (i) amend this Section 9.01 without the written consent of all Lenders; and provided further that no
amendment, waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders required above to take such action, affect the rights or duties of the Agent under this Agreement or any Note. 

(b) Any term or provision of this Section 9.01 to the contrary notwithstanding, if the Agent and the Borrowers shall have jointly
identified an obvious error or any error or omission of a technical or immaterial nature in any provision of this Agreement, then the Agent and the Borrowers shall be permitted to amend such provision and such amendment shall become effective
without any further action or consent of any other party to this Agreement so long as the Lenders shall have received prior written notice thereof and the Agent shall not have received, within two Business Days of the date of such notice, a written
notice from the Required Lenders stating that the Required Lenders object to such amendment. 
 SECTION 9.02. Notices;
Effectiveness; Electronic Communication. (a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and except as provided in paragraph (b) below), all notices and
other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by facsimile as follows: 

  
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 (i) if to the Company or any Designated Subsidiary, to the Company at 208 S.
Akard Street, 27th Floor, Dallas, Texas 75202, Attention: Assistant Treasurer (Facsimile No. (214) 746-2277; Telephone No. (214) 757-4681); 
 (ii) if to the Agent, to it at 1615 Brett Road, Building #3, New Castle, Delaware 19720, Attention of Bank Loan Syndications (Facsimile No. 212-994-0961; Email GLAgentOfficeOps@citi.com; 

(iii) if to the Co-Borrower, to it at its address (or facsimile number) specified in the Co-Borrower Joinder Agreement;
and 
 (iv) if to a Lender, to it at its address (or facsimile number) set forth in its Administrative
Questionnaire. 
 Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed
to have been given when received; notices sent by facsimile shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the
next business day for the recipient). Notices delivered through electronic communications, to the extent provided in paragraph (b) below, shall be effective as provided in said paragraph (b). 

(b) Electronic Communications. Notices and other communications to the Lenders hereunder may be delivered or furnished by
electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Agent, provided that the foregoing shall not apply to notices to any Lender pursuant to Article II if such Lender has
notified the Agent that it is incapable of receiving notices under such Article by electronic communication. The Agent or any Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic
communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications. 
 Unless the Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended
recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon
the deemed receipt by the intended recipient, at its e-mail address as described in the foregoing clause (i), of notification that such notice or communication is available and identifying the website address therefor; provided that, for both
clauses (i) and (ii) above, if such notice, email or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next
business day for the recipient. 
 (c) Change of Address, etc. Any party hereto may change its address or facsimile
number for notices and other communications hereunder by notice to the other parties hereto. 
 (d) Platform. 

(i) Each Borrower agrees that the Agent may, but shall not be obligated to, make the Communications (as defined below)
available to the Lenders by posting the Communications on Debt Domain, Intralinks, Syndtrak or a substantially similar electronic transmission system (the “Platform”). 

  
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 (ii) The Platform is provided “as is” and “as
available.” The Agent Parties (as defined below) do not warrant the adequacy of the Platform and expressly disclaim liability for errors or omissions in the Communications. No warranty of any kind, express, implied or statutory, including,
without limitation, any warranty of merchantability, fitness for a particular purpose, non-infringement of third-party rights or freedom from viruses or other code defects, is made by any Agent Party in connection with the Communications or the
Platform. In no event shall the Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to any Borrower, any Lender or any other Person or entity for damages of any kind, including, without
limitation, direct or indirect, special, incidental or consequential damages, losses or expenses (whether in tort, contract or otherwise) arising out of any Borrower’s or the Agent’s transmission of communications through the Platform.
“Communications” means, collectively, any notice, demand, communication, information, document or other material that any Borrower provides to the Agent pursuant to this Agreement or the transactions contemplated herein which is
distributed to the Agent any Lender by means of electronic communications pursuant to this Section, including through the Platform. 
 SECTION 9.03. No Waiver; Remedies. No failure on the part of any Lender or the Agent to exercise, and no delay in exercising, any right hereunder or under any Note shall operate as a waiver
thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law.

 SECTION 9.04. Costs and Expenses. (a) Each of the Company and, after the Co-Borrower Joinder Date, the
Co-Borrower agrees severally, in proportion to their respective Contribution Percentages, to pay within 20 days of demand all costs and expenses of the Agent in connection with the preparation, execution, delivery, administration, modification and
amendment of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation, (A) all due diligence, syndication (including printing, distribution and bank meetings), transportation, computer,
duplication, appraisal, consultant, and audit expenses and (B) the reasonable fees and expenses of Shearman & Sterling LLP, counsel for the Agent, with respect thereto and with respect to advising the Agent as to its rights and
responsibilities under this Agreement. Each Borrower further agrees to pay on demand all costs and expenses of the Agent and the Lenders, if any (including, without limitation, reasonable counsel fees and expenses), in connection with the
enforcement against such Borrower (whether through negotiations, legal proceedings or otherwise) of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation, reasonable fees and expenses of counsel
for the Agent and each Lender in connection with the enforcement of rights under this Section 9.04(a). 
 (b) Each of the
Company and, after the Co-Borrower Joinder Date, the Co-Borrower agrees severally, in proportion to their respective Contribution Percentages, to indemnify and hold harmless the Agent and each Lender and each of their Related Parties (each, an
“Indemnified Party”) from and against any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable and out of pocket fees and disbursements of one counsel to such Indemnified Party and its
Related Parties) incurred by or asserted or awarded against any Indemnified Party or such Indemnified Party’s Related Parties, in each case arising out of or in connection with or by reason of (including, without limitation, in connection with
any investigation, litigation or proceeding or preparation of a defense in connection therewith) the Notes, this Agreement, any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Advances, except to the
extent such claim, damage, loss, liability or expense is found in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from the gross negligence, material breach or willful misconduct of such Indemnified Party or
its Related Parties. In the case of an investigation, litigation or other 

  
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proceeding to which the indemnity in this Section 9.04(b) applies, such indemnity shall be effective whether or not such investigation, litigation or proceeding is brought by any Borrower,
its directors, equityholders or creditors, an Indemnified Party, a Related Party or any other Person (except for any disputes among any Indemnified Party and its Related Parties), whether or not any Indemnified Party or Related Party is otherwise a
party thereto and whether or not the transactions contemplated hereby are consummated. Each Borrower also agrees not to assert any claim for special, indirect, consequential or punitive damages against the Agent, any Lender, any of their Affiliates,
or any of their respective directors, officers, employees, attorneys and agents, on any theory of liability, arising out of or otherwise relating to the Notes, this Agreement, any of the transactions contemplated herein or the actual or proposed use
of the proceeds of the Advances. 
 (c) If any payment of principal of, or Conversion of, any Eurocurrency Rate Advance is made
by any Borrower to or for the account of a Lender other than on the last day of the Interest Period for such Advance, as a result of a payment or Conversion pursuant to Section 2.07(d) or (e), 2.09 or 2.11, acceleration of the maturity of the
Notes pursuant to Section 6.01 or for any other reason, or by an Eligible Assignee to a Lender other than on the last day of the Interest Period for such Advance upon an assignment of rights and obligations under this Agreement pursuant to
Section 9.06 as a result of a demand by a Borrower pursuant to Section 2.20, or by an Increasing or Assuming Lender in accordance with Section 2.17(d) other than on the last day of any Interest Period, such Borrower shall, upon demand
by such Lender (with a copy of such demand to the Agent), pay to the Agent for the account of such Lender any amounts required to compensate such Lender for any additional losses, costs or expenses that it may reasonably incur as a result of such
payment or Conversion, including, without limitation, any loss (excluding loss of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by any Lender to fund or maintain such
Advance. If the amount of the Committed Currency purchased by any Lender in the case of a Conversion or exchange of Advances in the case of Section 2.08 or 2.12 exceeds the sum required to satisfy such Lender’s liability in respect of such
Advances, such Lender agrees to remit to such Borrower such excess. 
 (d) Without prejudice to the survival of any other
agreement of the Borrowers hereunder, the agreements and obligations of the Borrowers contained in Sections 2.10, 2.13 and 9.04 shall survive the payment in full of principal, interest and all other amounts payable hereunder and under the
Notes. 
 SECTION 9.05. Binding Effect. (a) Counterparts; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Except as provided in Article III, this Agreement shall
become effective when it shall have been executed by the Agent and when the Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a
signature page of this Agreement by facsimile or in electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart of this Agreement. 

(b) Electronic Execution of Assignments. The words “execution,” “signed,” “signature,” and words of
like import in any Assignment and Assumption shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature
or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures
and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

  
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 SECTION 9.06. Assignments and Participations. (a) Successors and Assigns
Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that no Borrower may assign or otherwise transfer any of its
rights or obligations hereunder without the prior written consent of the Agent and each Lender, and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the
provisions of paragraph (b) of this Section, (ii) by way of participation in accordance with the provisions of paragraph (d) of this Section, or (iii) by way of pledge or assignment of a security interest subject to the
restrictions of paragraph (f) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than
the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Agent and
the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 
 (b) Assignments by
Lenders. Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Advances at the time owing to it); provided any
such assignment shall be subject to the following conditions: 
 (i) Minimum Amounts. 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and/or the
Advances at the time owing to it or contemporaneous assignments to related Approved Funds that equal at least the amount specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a
Lender or an Approved Fund, no minimum amount need be assigned; and 
 (B) in any case not described in paragraph
(b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes Advances outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Advances of the
assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Agent or, if “Trade Date” is specified in the Assignment and Assumption,
as of the Trade Date) shall not be less than $10,000,000, unless each of the Agent and, so long as no Event of Default with respect to the Company or any Designated Subsidiary or with respect to the Co-Borrower, as the case may be, has occurred and
is continuing, the Company and, after the Co-Borrower Joinder Date, the Co-Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed). 

(ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all
the assigning Lender’s rights and obligations under this Agreement with respect to the Advances or the Commitment assigned. 
 (iii) Required Consents. No consent shall be required for any assignment except to the extent required by paragraph (b)(i)(B) of this Section and, in addition: 

  
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 (A) the consent of the Company and, after the Co-Borrower Joinder Date, the
Co-Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless: 
 (x) an Event
of Default with respect to the Company or any Designated Subsidiary or with respect to the Co-Borrower, as the case may be, has occurred and is continuing at the time of such assignment, 

(y) an Event of Default with respect to any Borrower under Section 6.01(a) or 6.01(e) has occurred and is continuing
at the time of such assignment or any Advances have been accelerated in accordance with Section 6.01, or 

(z) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund unless such assignment would result in
any Lender and its Affiliates holding interests of 15% or more of the then outstanding Advances or Commitments; 

provided that, except with respect to any assignment that would result in any Lender and its Affiliates holding
interests of 15% or more of the then outstanding Advances or Commitments, each Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Agent within five Business Days after having
received notice thereof pursuant to clause (iv) below; and 
 (B) the consent of the Agent (such consent not
to be unreasonably withheld or delayed) shall be required for assignments in respect of any Commitments if such assignment is to a Person that is not a Lender, an Affiliate of such Lender or an Approved Fund with respect to such Lender. 

(iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Agent an Assignment
and Assumption, together with a processing and recordation fee of $3,500; provided that the Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not
a Lender, shall deliver to the Agent an Administrative Questionnaire. The Agent shall notify the Company and, after the Co-Borrower Joinder Date, the Co-Borrower of each Assignment and Assumption within three Business Days of receipt thereof.

 (v) No Assignment to Certain Persons. No such assignment shall be made to (A) any Borrower or any
of such Borrower’s Affiliates or Subsidiaries or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B).

 (vi) No Assignment to Natural Persons. No such assignment shall be made to a natural Person.

 (vii) Certain Additional Payments. In connection with any assignment of rights and obligations of any
Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Agent in an aggregate amount
sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations, or other compensating actions, including funding, with the consent of the Borrower(s) and the Agent, the applicable pro
rata share of Advances previously requested but 

  
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not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by
such Defaulting Lender to the Agent and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share of all Advances in accordance with its Commitment. Notwithstanding the
foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable law without compliance with the provisions of this paragraph, then the assignee of such interest shall
be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 
 Subject to consent from
the Company and Co-Borrower where required and acceptance and recording thereof by the Agent pursuant to paragraph (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall
be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest
assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender
shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 2.10 and 9.04 with respect to facts and circumstances occurring prior to the effective date of such assignment; provided, that except to the
extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any assignment
or transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance
with paragraph (d) of this Section. 
 (c) Register. The Agent, acting solely for this purpose as an agent of the
Borrowers, shall maintain at one of its offices in the United States a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts
of the Advances owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive absent manifest error, and the Borrowers, the Agent and the Lenders shall treat
each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrowers and any Lender, at any reasonable time and from
time to time upon reasonable prior notice. 
 (d) Participations. Each Lender may sell participations to one or more
banks or other entities (other than any Borrower or any of its Affiliates) in or to all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment, the Advances owing to it and
any Note or Notes held by it), so long as the participant represents that to the best of its knowledge, after due inquiry, such participant and its Affiliates hold, and after giving effect to such proposed participation will hold, interests in less
than 15% of the then outstanding Advances or Commitments, as applicable, whether as a Lender or a participant; provided, however, that (i) such Lender’s obligations under this Agreement (including, without limitation, its
Commitment to the Borrowers hereunder) shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) such Lender shall remain the holder of any such Note
for all purposes of this Agreement, (iv) the Borrowers, the Agent and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement and
(v) no participant under any such participation shall have any right to obtain any Confidential Information except in accordance with Section 9.06(e), or approve or disapprove any amendment or waiver of any provision of this Agreement or
any Note or any consent or 

  
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withholding of consent to any departure by the Borrowers therefrom, except to the extent that such amendment, waiver or consent would reduce the principal of, or interest on, the Notes or any
fees or other amounts payable hereunder, in each case to the extent subject to such participation, or postpone any date fixed for any payment of principal of, or interest on, the Notes or any fees or other amounts payable hereunder, in each case to
the extent subject to such participation. 
 Each Borrower agrees that each participant shall be entitled to the benefits of,
and subject to the limitations of, Sections 2.10 and 2.13 to the same extent as if it were a Lender and had acquired its interest by assignment, provided that, such participant shall not be entitled to receive any greater payment under
Section 2.10 or 2.13 than the applicable Lender would have been entitled to receive with respect to the participation sold to such participant, unless the sale of the participation is made with the applicable Borrower’s prior written
consent, and that no participant shall be entitled to the benefits of Section 2.13 unless such Participant complies with Section 2.13(f) as if it were a Lender. Each Lender that sells a participation, acting solely for this purpose as an
agent of the Borrowers, shall maintain a register on which it enters the name and address of each participant and the principal amounts (and stated interest) of each participant’s interest in the obligations under this Agreement (the
“Participant Register”). The entries in the Participant Register shall be conclusive, and such Lender, the Borrowers and the Agent shall treat each Person whose name is recorded in the Participant Register pursuant to the terms
hereof as the owner of such participation upon the terms and subject to the conditions of this Agreement. Upon the reasonable request of the Agent or any Borrower, each Lender shall promptly provide to the Agent or such Borrower, as the case may be,
the identity of such Lender’s participants and the aggregate amount of the participation interests held by each such participant and its Affiliates as set forth on the Participant Register maintained by such Lender, as of the date specified in
such request. 
 (e) Sharing of Information. Any Lender may, in connection with any assignment or
participation or proposed assignment or participation pursuant to this Section 9.06, disclose to the assignee or participant or proposed assignee or participant, any information relating to any Borrower furnished to such Lender by or on behalf
of such Borrower; provided that, prior to any such disclosure, the assignee or participant or proposed assignee or participant shall enter into a binding agreement enforceable by the Borrowers containing provisions to preserve the
confidentiality of any Confidential Information relating to any Borrower or any of its Affiliates received by it from such Lender, at least as favorable to the Borrowers as Section 9.07. 

(f) Certain Pledges. Notwithstanding any other provision set forth in this Agreement, any Lender may at any time create a security
interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including, without limitation, any pledge or assignment to secure obligations to a central bank having jurisdiction over such Lender or to a
Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve System. 
 SECTION 9.07.
Confidentiality; Patriot Act. Neither the Agent nor any Lender shall disclose any Confidential Information to any other Person without the consent of the applicable Borrower, other than (a) to the Agent’s or such Lender’s
Affiliates and their officers, directors, employees, agents and advisors on a “need to know” basis and subject to the requirements of Section 9.06(e), to actual or prospective assignees and participants, (b) as required by any
law, rule or regulation or judicial process, (c) as requested or required by any state, federal or foreign authority or examiner regulating banks or banking or other financial institutions or self regulatory authority, (d) in connection
with the exercise of any remedies hereunder or any suit, action or proceeding relating to this Agreement or the enforcement of rights hereunder and (e) with the consent of the applicable Borrower. In the case of a disclosure pursuant to clause
(b) above, the disclosing party agrees, to the extent permitted by applicable law, to promptly notify the applicable Borrower prior to such disclosure and to request confidential treatment. Each of the Lenders hereby notifies each Borrower
that, 

  
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pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies such Borrower, which information includes the name and address of such
Borrower and other information that will allow it to identify such Borrower in accordance with the Patriot Act. 
 SECTION 9.08.
Designated Subsidiaries. (a) Designation. The Company may at any time, and from time to time, upon not less than five Business Days notice (or ten Business Days notice in the case of any Subsidiary organized under laws of a
jurisdiction outside of the United States), notify the Agent that the Company intends to designate a Subsidiary as a “Designated Subsidiary” for purposes of this Agreement. On or after the date that is five Business Days after such notice
(or ten Business Days notice in the case of any Subsidiary organized under laws of a jurisdiction outside of the United States), upon delivery to the Agent and each Lender of a Designation Letter duly executed by the Company and the respective
Subsidiary and substantially in the form of Exhibit E hereto, such Subsidiary shall thereupon become a “Designated Subsidiary” for all purposes of this Agreement, and, upon fulfillment of the applicable conditions set forth in
Section 3.02 and after such Designation Letter is accepted by the Agent, such Subsidiary shall thereupon become a Designated Subsidiary for all purposes of this Agreement and, as such, shall have all of the rights and obligations of a Borrower
hereunder. The Agent shall promptly notify each Lender of the Company’s notice of such pending designation by the Company and the identity of the respective Subsidiary. Following the giving of any notice pursuant to this Section 9.08(a),
if the designation of such Designated Subsidiary obligates the Agent or any Lender to comply with “know your customer” or similar identification procedures in circumstances where the necessary information is not already available to it,
the Company shall, promptly upon the request of the Agent or any Lender, supply such documentation and other evidence as is reasonably requested by the Agent or any Lender in order for the Agent or such Lender to carry out and be satisfied it has
complied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations. 
 If the Company shall designate as a Designated Subsidiary hereunder any Subsidiary not organized under the laws of the United States or any State thereof, any Lender may, with notice to the Agent and the
Company, fulfill its Commitment by causing an Affiliate of such Lender to act as the Lender in respect of such Designated Subsidiary. 
 As soon as practicable after receiving notice from the Company or the Agent of the Company’s intent to designate a Subsidiary as a Designated Borrower, and in any event no later than five Business
Days after the delivery of such notice, for a Designated Subsidiary that is not organized under the laws of a jurisdiction other than of the United States or a political subdivision thereof, any Lender that may not legally lend to, establish credit
for the account of and/or do any business whatsoever with such Designated Subsidiary directly or through an Affiliate of such Lender as provided in the immediately preceding paragraph (a “Protesting Lender”) shall so notify the
Company and the Agent in writing. With respect to each Protesting Lender, the Company shall, effective on or before the date that such Designated Subsidiary shall have the right to borrow hereunder, either (A) notify the Agent and such
Protesting Lender that the Commitments of such Protesting Lender shall be terminated; provided that such Protesting Lender shall have received payment of an amount equal to the outstanding principal of its Advances, accrued interest thereon, accrued
fees and all other amounts payable to it hereunder, from (if such Protesting Lender’s Commitments are assigned) the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Company or the relevant Designated
Subsidiary (in the case an assignment, of all other amounts or, if such Commitments are terminated, of such outstanding principal and accrued interest, fees and other amounts), or (B) cancel its request to designate such Subsidiary as a
“Designated Subsidiary” hereunder. 

  
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 (b) Termination. Upon the request of the Company and the payment and performance in
full of all of the indebtedness, liabilities and obligations under this Agreement of any Designated Subsidiary, then, so long as at the time no Notice of Borrowing is outstanding, such Subsidiary’s status as a “Designated Subsidiary”
shall terminate upon notice to such effect from the Agent to the Lenders (which notice the Agent shall give promptly. And only upon its receipt of a request therefor from the Company). Thereafter, the Lenders shall be under no further obligation to
make any Advances hereunder to such Designated Subsidiary. 
 SECTION 9.09. Governing Law. This Agreement and the Notes
shall be governed by, and construed in accordance with, the law of the State of New York. 
 SECTION 9.10. Jurisdiction,
Etc. (a) Each of the parties hereto irrevocably and unconditionally agrees that it will not commence any action, litigation or proceeding of any kind or description, whether in law or equity, whether in contract or in tort or otherwise,
against the Agent, any Lender or any Related Party of the foregoing in any way relating to this Agreement or any Note or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York
County, and of the United States District Court for the Southern District of New York, and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to the jurisdiction of such courts and agrees
that all claims in respect of any such action, litigation or proceeding may be heard and determined in such New York State court or, to the fullest extent permitted by applicable law, in such federal court. Each of the parties hereto agrees that a
final judgment in any such action, litigation or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 

(b) Waiver of Venue. Each of the parties hereto irrevocably and unconditionally waives, to the fullest extent permitted by
applicable law, any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Agreement or any Note in any court referred to in paragraph (a) of this Section. Each of the
parties hereto hereby irrevocably waives, to the fullest extent permitted by applicable law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(c) Service of Process. Each party hereto irrevocably consents to service of process in the manner provided for notices in
Section 9.02. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable law. The Company and the Co-Borrower each hereby agrees that service of process in any such action or
proceeding brought in any such New York State court or in such federal court may be made upon the Corporate Secretary of the Company at 208 S. Akard Street, 27th Floor, Dallas, Texas 75202 (the “Process Agent”) and the Company and
the Co-Borrower each hereby irrevocably appoints the Process Agent its authorized agent to accept such service of process. Each Designated Subsidiary hereby agrees that service of process in any such action or proceeding brought in the any such New
York State court or in such federal court may be made upon the Process Agent at its address set forth above and each such Borrower hereby irrevocably appoints the Process Agent its authorized agent to accept such service of process, and agrees that
the failure of the Process Agent to give any notice of any such service shall not impair or affect the validity of such service or of any judgment rendered in any action or proceeding based thereon. 

SECTION 9.11. Judgment. (a) If for the purposes of obtaining judgment in any court it is necessary to convert a sum due
hereunder in Dollars 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 Agent could purchase
Dollars with such other currency at Citibank’s principal office in London at 11:00 A.M. (London time) on the Business Day preceding that on which final judgment is given. 
  

  
 59 

 (b) If for the purposes of obtaining judgment in any court it is necessary to convert a sum
due hereunder in a Committed Currency into Dollars, the parties 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 Agent could purchase
such Committed Currency with Dollars at Citibank’s principal office in London at 11:00 A.M. (London time) on the Business Day preceding that on which final judgment is given. 

(c) The obligation of each Borrower in respect of any sum due from it in any currency (the “Primary Currency”) to any
Lender or the Agent hereunder shall, notwithstanding any judgment in any other currency, be discharged only to the extent that on the Business Day following receipt by such Lender or the Agent (as the case may be), of any sum adjudged to be so due
in such other currency, such Lender or the Agent (as the case may be) may in accordance with normal banking procedures purchase the applicable Primary Currency with such other currency; if the amount of the applicable Primary Currency so purchased
is less than such sum due to such Lender or the Agent (as the case may be) in the applicable Primary Currency, such Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify such Lender or the Agent (as the case
may be) against such loss, and if the amount of the applicable Primary Currency so purchased exceeds such sum due to any Lender or the Agent (as the case may be) in the applicable Primary Currency, such Lender or the Agent (as the case may be)
agrees to remit to such Borrower such excess. 
 SECTION 9.12. Substitution of Currency. If a change in any Committed
Currency occurs pursuant to any applicable law, rule or regulation of any governmental, monetary or multi-national authority, this Agreement (including, without limitation, the definitions of Eurocurrency Rate) will be amended to the extent
determined by the Agent (acting reasonably and in consultation with the Borrowers) to be necessary to reflect the change in currency and to put the Lenders and the Borrowers in the same position, so far as possible, that they would have been in if
no change in such Committed Currency had occurred. 
 SECTION 9.13. Severability. If any provision of this Agreement is
held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith
negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a
particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 9.13, if and to the extent that the enforceability of any provisions in
this Agreement relating to Defaulting Lenders shall be limited by any debtor relief laws, then such provisions shall be deemed to be in effect only to the extent not so limited. 

  
 60 

 SECTION 9.14. Waiver of Jury Trial. Each of the Borrowers, the Agent and the Lenders
hereby irrevocably waives all right to trial by jury in any action, proceeding or counterclaim (whether based on contract, tort or otherwise) arising out of or relating to this Agreement or the Notes or the actions of the Agent or any Lender in the
negotiation, administration, performance or enforcement thereof. 
 IN WITNESS WHEREOF, the parties hereto have caused this
Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written. 
  

			
	AT&T INC.
		
	By	 	/s/ Jonathan P. Klug
	Name:	 	Jonathan P. Klug
	Title:	 	Senior Vice President and Treasurer
	
	CITIBANK, N.A., as Agent
		
	By	 	/s/ Michael Vondriska
	Name:	 	Michael Vondriska
	Title:	 	Vice President

 Initial Lenders 

 

			
	CITIBANK, N.A.
		
	By	 	/s/ Michael Vondriska
	Name:	 	Michael Vondriska
	Title:	 	Vice President
	
	JPMORGAN CHASE BANK, N.A.
		
	By	 	/s/ Goh Siew Tan
	Name:	 	Goh Siew Tan
	Title:	 	Vice President
	
	BANK OF AMERICA, N.A.
		
	By	 	/s/ Lisa M. Webster
	Name:	 	Lisa M. Webster
	Title:	 	Director
	
	BARCLAYS BANK PLC
		
	By	 	/s/ Craig J. Malloy
	Name:	 	Craig J. Malloy
	Title:	 	Director

  
 61 

 
			
	BNP PARIBAS
		
	By	 	/s/ Gregory R. Paul
	Name:	 	Gregory R. Paul
	Title:	 	Managing Director
		
	By	 	/s/ Maria Mulic, CFA
	Name:	 	Maria Mulic, CFA
	Title:	 	Vice President
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
		
	By	 	/s/ Judy Smith
	Name:	 	Judy Smith
	Title:	 	Managing Director
		
	By	 	/s/ Sanja Gazahi
	Name:	 	Sanja Gazahi
	Title:	 	Associate
	
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By	 	/s/ Virginia Cosenza
	Name:	 	Virginia Cosenza
	Title:	 	Vice President
		
	By	 	/s/ Ming K. Chu
	Name:	 	Ming K. Chu
	Title:	 	Vice President
	
	GOLDMAN SACHS BANK USA
		
	By	 	/s/ Mark Walton
	Name:	 	Mark Walton
	Title:	 	Authorized Signatory
	
	LLOYDS TSB BANK PLC
		
	By	 	/s/ Dennis McClellan
	Name:	 	Dennis McClellan
	Title:	 	Assistant Vice President-M040
		
	By	 	/s/ Stephen Giacolone
	Name:	 	Stephen Giacolone
	Title:	 	Assistant Vice President-G011
	
	MORGAN STANLEY BANK, N.A.
		
	By	 	/s/ Kelly Chin
	Name:	 	Kelly Chin
	Title:	 	Authorized Signatory

  
 62 

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
		
	By	 	/s/ Jose Carlos
	Name:	 	Jose Carlos
	Title:	 	Director
	
	MIZUHO CORPORATE BANK LTD.
		
	By	 	/s/ Bertram H. Tang
	Name:	 	Bertram H. Tang
	Title:	 	Authorized Signatory
	
	ROYAL BANK OF CANADA
		
	By	 	/s/ D.W. Scott Johnson
	Name:	 	D.W. Scott Johnson
	Title:	 	Authorized Signatory
	
	THE ROYAL BANK OF SCOTLAND PLC
		
	By	 	/s/ Matthew Pennachio
	Name:	 	Matthew Pennachio
	Title:	 	Authorized Signatory
	
	UBS LOAN FINANCE LLC
		
	By	 	/s/ Irja R. Otsa
	Name:	 	Irja R. Otsa
	Title:	 	Associate Director Banking Products Services, US
		
	By	 	/s/ Joselin Fernandes
	Name:	 	Joselin Fernandes
	Title:	 	Associate Director Banking Products Services, US
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By	 	/s/ Matthew Olson
	Name:	 	Matthew Olson
	Title:	 	Vice President
	
	THE BANK OF NEW YORK MELLON
		
	By	 	/s/ Thomas J. Tarasovich, Jr.
	Name:	 	Thomas J. Tarasovich, Jr.
	Title:	 	Vice President

  
 63 

 
			
	COMERICA BANK
		
	By	 	/s/ Robert L. Nelson
	Name:	 	Robert L. Nelson
	Title:	 	Vice President
	
	U.S. BANK, NATIONAL ASSOCIATION
		
	By	 	/s/ Thomas G. Gunder
	Name:	 	Thomas G. Gunder
	Title:	 	SVP
	
	THE NORTHERN TRUST COMPANY
		
	By	 	/s/ Brandon C. Rolek
	Name:	 	Brandon C. Rolek
	Title:	 	Senior Vice President
	
	MANUFACTURERS AND TRADERS TRUST COMPANY
		
	By	 	/s/ Paul Rishar
	Name:	 	Paul Rishar
	Title:	 	Vice President
	
	STATE STREET BANK AND TRUST COMPANY
		
	By	 	/s/ Andrei Bourdine
	Name:	 	Andrei Bourdine
	Title:	 	AVP

  
 64 

 SCHEDULE I 
 AT&T INC. 
 AMENDED AND RESTATED FOUR YEAR CREDIT AGREEMENT 

APPLICABLE LENDING OFFICES 
  

					
	 Name of Initial Lender
	  	Commitments	 
	 Citibank, N.A.
	  	$	385,625,000.00	  
	 JPMorgan Chase Bank, N.A.
	  	$	385,625,000.00	  
	 Bank of America, N.A.
	  	$	385,625,000.00	  
	 Barclays Bank PLC
	  	$	385,625,000.00	  
	 BNP Paribas
	  	$	288,750,000.00	  
	 Credit Suisse AG, Cayman Islands Branch
	  	$	288,750,000.00	  
	 Deutsche Bank AG New York Branch
	  	$	288,750,000.00	  
	 Goldman Sachs Bank USA
	  	$	288,750,000.00	  
	 Lloyds TSB Bank plc
	  	$	288,750,000.00	  
	 Morgan Stanley Bank, N.A.
	  	$	144,375,000.00	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	144,375,000.00	  
	 Mizuho Corporate Bank, Ltd.
	  	$	288,750,000.00	  
	 Royal Bank of Canada
	  	$	288,750,000.00	  
	 The Royal Bank of Scotland plc
	  	$	288,750,000.00	  
	 UBS Loan Finance LLC
	  	$	288,750,000.00	  
	 Wells Fargo Bank, National Association
	  	$	288,750,000.00	  
	 The Bank of New York Mellon
	  	$	62,500,000.00	  
	 Comerica Bank
	  	$	62,500,000.00	  
	 U.S. Bank, National Association
	  	$	62,500,000.00	  
	 The Northern Trust Company
	  	$	31,250,000.00	  
	 Manufacturers and Traders Trust Co.
	  	$	31,250,000.00	  
	 State Street Bank and Trust Company
	  	$	31,250,000.00	  
	 Total Commitments:
	  	$	5,000,000,000.00	  

 SCHEDULE 5.02(a) 
 EXISTING LIENS 
 None. 

 EXHIBIT A - FORM OF 
 NON-NEGOTIABLE PROMISSORY NOTE 
  

			
	U.S.$	  	Dated:                     , 20    

 FOR VALUE RECEIVED, the undersigned, [NAME OF BORROWER], a
                    corporation (the “Borrower”), HEREBY PROMISES TO PAY to the order of
                        (the “Lender”) for the account of its Applicable Lending Office on the later of the
Termination Date and the date designated pursuant to Section 2.05 of the Credit Agreement (each as defined in the Credit Agreement referred to below) the principal sum of U.S.$[amount of the Lender’s Commitment in figures] or, if less, the
aggregate principal amount of the Advances made by the Lender to the Borrower pursuant to the Amended and Restated Four Year Credit Agreement dated as of December 11, 2012 among the Borrower, [AT&T Inc.,] the Lender and certain other
lenders parties thereto, Citigroup Global Markets Inc., JPMorgan Securities LLC, Barclays Bank PLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arrangers and joint bookrunners, JPMorgan Chase Bank, N.A., as
syndication agent, Bank of America, N.A., Barclays Bank PLC and Deutsche Bank Securities Inc., as documentation agents, and Citibank, N.A., as Agent for the Lender and such other lenders (as amended or modified from time to time, the “Credit
Agreement”; the terms defined therein being used herein as therein defined) outstanding on such date. 
 The Borrower
promises to pay interest on the unpaid principal amount of each Advance from the date of such Advance until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.

 Both principal and interest in respect of each Advance (i) in Dollars are payable in lawful money of the United States
of America to the Agent at its account maintained at 388 Greenwich Street, New York, New York 10013, in same day funds and (ii) in any Committed Currency are payable in such currency at the applicable Payment Office in same day funds. Each
Advance owing to the Lender by the Borrower pursuant to the Credit Agreement, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto which is
part of this Promissory Note. 
 This Promissory Note is one of the Notes referred to in, and is entitled to the benefits of,
the Credit Agreement. The Credit Agreement, among other things, (i) provides for the making of Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time outstanding the U.S. dollar amount first
above mentioned, the indebtedness of the Borrower resulting from each such Advance being evidenced by this Promissory Note, (ii) contains provisions for determining the Dollar Equivalent of Advances denominated in Committed Currencies and
(iii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified.

  

			
	[NAME OF BORROWER]
		
	By	 	 
	Title:	 	

 ADVANCES AND PAYMENTS OF PRINCIPAL 

 

									
	 Date
	 	 Amount of

Advance
	 	 Amount of

Principal Paid
 or Prepaid
	  	Unpaid Principal
Balance	  	Notation
Made By

  
 2 

 EXHIBIT B - FORM OF NOTICE OF 

BORROWING 
 Citibank, N.A., as
Agent 
   for the Lenders parties 
   to the Credit Agreement 
   referred to below 

  1615 Brett Road, Building #3 

  New Castle, Delaware 19720 
 [Date] 
 Attention: Bank Loan Syndications Department 

Ladies and Gentlemen: 
 The
undersigned, [NAME OF BORROWER], a                     corporation (the “Borrower”), refers to the Amended and Restated Four Year
Credit Agreement, dated as of December 11, 2012 (as amended or modified from time to time, the “Credit Agreement”, the terms defined therein being used herein as therein defined), among the Borrower, [AT&T Inc.,] certain
Lenders parties thereto, Citigroup Global Markets Inc., JPMorgan Securities LLC, Barclays Bank PLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arrangers and joint bookrunners, JPMorgan Chase Bank, N.A., as
syndication agent, Bank of America, N.A., Barclays Bank PLC and Deutsche Bank Securities Inc., as documentation agents, and Citibank, N.A., as Agent for said Lenders, and hereby gives you notice, irrevocably, pursuant to Section 2.02 of the
Credit Agreement that the undersigned hereby requests a Borrowing under the Credit Agreement, and in that connection sets forth below the information relating to such Borrowing (the “Proposed Borrowing”) as required by
Section 2.02(a) of the Credit Agreement: 
 (i) The Business Day of the Proposed Borrowing is
                    , 20    . 
 (ii) The Type of Advances comprising the Proposed Borrowing is [Base Rate Advances] [Eurocurrency Rate Advances]. 
 (iii) The aggregate amount of the Proposed Borrowing is [$                    ] [for a Borrowing in a
Committed Currency. List currency and amount of Borrowing]. 
 (iv) The proceeds of the Proposed Borrowing shall
be funded to account maintained by the Borrower at                     at its office at
                    , Account
No.                     . 
 [(v) The initial Interest Period for each Eurocurrency Rate Advance made as part of the Proposed Borrowing is             month[s].] 

The undersigned hereby certifies that the following statements are true on the date hereof, and will be true on the date of the Proposed
Borrowing: 
 (A) the representations and warranties contained in Section 4.01 of the Credit Agreement
(except the representations set forth in the last sentence of subsection (e) thereof and in subsection (f)(i) thereof) (and, if the undersigned is a Designated Subsidiary, in the applicable Designation Letter) are correct, before and after
giving effect to the Proposed Borrowing and to the application of the proceeds therefrom, as though made on and as of such date; and 

 (B) no event has occurred and is continuing, or would result from such
Proposed Borrowing or from the application of the proceeds therefrom, that constitutes a Default, and 
 (C) the
Proposed Borrowing is within any applicable debt limitations established by the Board of Directors of the Borrower. 
  

			
	Very truly yours,
	
	[NAME OF BORROWER]
		
	By:	 	 
	Title:	 	

  
 2 

 EXHIBIT C - FORM OF 
 ASSIGNMENT AND ASSUMPTION 
 This Assignment and Assumption (the
“Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between the Assignor identified in item 1 below (the “Assignor”) and the Assignee identified in item 2 below
(the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is
hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby
irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Agent as contemplated below (i) all of the
Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of
such outstanding rights and obligations of the Assignor under the respective facilities identified below (including without limitation any letters of credit, guarantees, and swingline loans included in such facilities), and (ii) to the extent
permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit
Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice
claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned by the Assignor to the Assignee pursuant to
clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Each such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and
Assumption, without representation or warranty by the Assignor. 
  

									
	1.	  	Assignor:	  		  	 	  	
					
		  		  		  	 	  	
		  	[Assignor [is] [is not] a Defaulting Lender]	  	
					
	2.	  	Assignee:	  		  	 	  	
					
		  		  		  	 	  	
		  	[for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]
					
	3.	  	Borrower(s):	  		  	AT&T Inc.	  	
				
	4.	  	Agent:	  		  	Citibank, N.A., as the Agent under the Credit Agreement
				
	5.	  	Credit Agreement:	  		  	The Amended and Restated Four Year Credit Agreement dated as of December 11, 2012 among AT&T Inc., the Lenders parties thereto, Citibank, N.A., as Agent, and
the other agents parties thereto

									
					
	6.	  	Assigned Interest:	  		  		  	

  

																	
	 Assignor
	  	Assignee	  	Aggregate Amount
of Commitment
/
Advances for all
Lenders18	 	  	Amount of
Commitment
Advances
Assigned18	 	  	Percentage
Assigned of
Commitment/
Advances19	 	  	CUSIP
Number
						
		  		  	$	 	  	  	$	 	  	  	 	%	  	  	
						
		  		  	$	 	  	  	$	 	  	  	 	%	  	  	
						
		  		  	$	 	  	  	$	 	  	  	 	%	  	  	

  

	[7.	 Trade Date:                     ]20 

[Page break] 

 
  

	18 	 Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date.

	19 	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	20 	 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date.

  
 -2-

 Effective Date:
                    , 20        [TO BE INSERTED BY AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION
OF TRANSFER IN THE REGISTER THEREFOR.] 
 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	 ASSIGNOR

[NAME OF ASSIGNOR]

		
	By:	 	 
		 	Title:
	
	 ASSIGNEE

[NAME OF ASSIGNEE]

		
	By:	 	 
		 	Title:

 [Consented to and]23 Accepted: 
  

			
	 [NAME OF AGENT], as Agent

		
	By:	 	 
		 	Title:

 [Consented to:]24 
 [NAME OF
RELEVANT PARTY] 
  

			
		
	By:	 	 
		 	Title:

  
  

	23 	 To be added only if the consent of the Agent is required by the terms of the Credit Agreement. 

	24 	 To be added only if the consent of the Company or the Co-Borrower and/or other parties is required by the terms of the Credit Agreement. 

  
 -3-

 ANNEX 1 
 STANDARD TERMS AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION 

1. Representations and Warranties. 
 1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any
lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and (iv) it
is [not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement, (ii) the execution, legality, validity,
enforceability, genuineness, sufficiency or value of the Credit Agreement, (iii) the financial condition of any Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of the Credit Agreement, or (iv) the
performance or observance by any Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under the Credit Agreement. 
 1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption
and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it meets all the requirements to be an assignee under Section 9.06(b)(iii), (v) and (vi) of the Credit Agreement
(subject to such consents, if any, as may be required under Section 9.06(b)(iii) of the Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to
the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person
exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive
copies of the most recent financial statements delivered pursuant to Section 5.01(h) thereof, as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this
Assignment and Assumption and to purchase the Assigned Interest, (vi) it has, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, and (vii) if it is organized under the laws of a jurisdiction outside of the United States, attached to the Assignment and Assumption is
any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the Agent, the Assignor or
any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement, and (ii) it will perform in accordance
with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender. 

  
 -4-

 2. Payments. From and after the Effective Date, the Agent shall make all payments in
respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignee whether such amounts have accrued prior to, on or after the Effective Date. The Assignor and the Assignee shall make all appropriate
adjustments in payments by the Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves. Notwithstanding the foregoing, the Agent shall make all payments of interest, fees or other
amounts paid or payable in kind from and after the Effective Date to the Assignee. 
 3. General Provisions. This
Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall
constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and
Assumption shall be governed by, and construed in accordance with, the law of the State of New York. 

  
 -5-

 EXHIBIT D - FORM OF 
 OPINION OF COUNSEL 
 FOR THE BORROWER(S) 

December 11, 2012 
 To each
of the Lenders parties 
 to the Amended and Restated Four Year Credit 
 Agreement dated as of December 11, 2012 
 among AT&T Inc., 

said Lenders and Citibank, N.A., 
 as Agent for
said Lenders, and 
 to Citibank, N.A., as Agent 
 Ladies and Gentlemen: 
 Pursuant to Section 3.01(h)(iv) of the Credit
Agreement, dated as of December 11, 2012 (the “Credit Agreement”), among [AT&T Inc.] (the “Borrower”), the Lenders parties thereto and Citibank, N.A., as Agent for said Lenders, I am of the opinion that:

 1. The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the
State of Delaware. 
 2. The Credit Agreement has been duly authorized, executed and delivered, and constitutes a
legal, valid and binding instrument enforceable against the Borrower in accordance with its terms (subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws of
general applicability relating to or affecting creditors’ rights generally from time to time in effect and to general principles of equity). 
 3. Neither the execution and delivery of the Credit Agreement or the issuance of the Notes, nor the consummation of any other of the transactions therein contemplated, nor the fulfillment of the terms
thereof will conflict with, result in a breach of, or constitute a default under, the charter or bylaws of the Borrower or the terms of any indenture or other agreement or instrument known to me and to which the Borrower is a party or by which the
Borrower is bound, or any applicable law, order or regulation known to me to be applicable to the Borrower of any court, regulatory body, administrative agency, governmental body or arbitrator having jurisdiction over the Borrower. 

4. No order, consent, authorization, approval, registration or qualification of or with any governmental agency or body
having jurisdiction over the Borrower is required for the due execution, delivery and performance by the Borrower of the Credit Agreement and the Notes. 
 5. The form and terms of the Notes have been duly authorized and established by all necessary corporate action, and, when executed and delivered, will constitute valid and legally binding obligations of
the Borrower (subject, as to enforcement of remedies, to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium or other similar laws of general applicability relating to or affecting creditors’ rights generally from
time to time in effect and to general principles of equity). 

  
 -1-

 6. To the best of my knowledge, there is no pending or overtly threatened
action, suit or proceedings against the Borrower or any of its Subsidiaries, as such term is defined in the Credit Agreement, before any court, governmental agency or arbitrator that purport to affect the legality, validity, binding effect or
enforceability of the Credit Agreement or any of the Notes or the consummation of the transactions contemplated thereby or, if likely to have a materially adverse effect upon the financial condition or operations of the Borrower, that is not
disclosed in a filing by the Borrower with the Securities and Exchange Commission. 
 In giving the foregoing opinion, I have
assumed that at the time of any Borrowing and the execution of the Notes that any such Borrowing was in accordance with any applicable debt limitations established by the Board of Directors of the Borrower. In addition, I have relied, as to certain
matters of fact, upon certificates of responsible officers of the Borrower and public officials. 
 Very truly
yours, 

  
 -2-

 EXHIBIT E - FORM OF 
 DESIGNATION AGREEMENT 
 [DATE] 

To each of the Lenders 
   parties to
the Credit Agreement 
   (as defined below) and to Citibank, N.A. 
   as Agent for such Lenders 
 Ladies and Gentlemen: 

Reference is made to the Amended and Restated Four Year Credit Agreement dated as of December 11, 2012 among AT&T Inc. (the
“Company”), certain other borrowers parties thereto, the Lenders parties thereto and Citibank, N.A., as administrative agent for said Lenders (as amended or modified from time to time, the “Credit Agreement”). Terms
used herein and defined in the Credit Agreement shall have the respective meanings ascribed to such terms in the Credit Agreement. 
 Please be advised that the Company hereby designates its undersigned Subsidiary,
                    (“Designated Subsidiary”), as a “Designated Subsidiary” under and for all purposes of the Credit
Agreement. 
 The Designated Subsidiary, in consideration of each Lender’s agreement to extend credit to it under and on
the terms and conditions set forth in the Credit Agreement, does hereby assume each of the obligations imposed upon a “Designated Subsidiary” and a “Borrower” under the Credit Agreement and agrees to be bound by the terms and
conditions of the Credit Agreement. In furtherance of the foregoing, the Designated Subsidiary hereby represents and warrants to each Lender as follows: 
 (a) The Designated Subsidiary is a [limited liability company] [corporation] duly organized, validly existing and in good standing under the laws of
                    . 
 (b) The execution, delivery and performance by the Designated Subsidiary of this Designation Agreement, the Credit Agreement and the Notes to be delivered by it are within the Designated Subsidiary’s
corporate or other powers, have been duly authorized by all necessary corporate or other action and do not contravene (i) the Designated Subsidiary’s [charter or by-laws] [governing documents] or (ii) law or any contractual
restriction binding on or affecting the Designated Subsidiary. The Designation Agreement and the Notes delivered by it have been duly executed and delivered on behalf of the Designated Subsidiary. 

(c) No authorization or approval or other action by, and no notice to or filing with, any governmental authority or
regulatory body or any third party is required for the due execution, delivery and performance by the Designated Subsidiary of this Designation Agreement, the Credit Agreement or the Notes to be delivered by it. 

(d) This Designation Agreement is, and the Notes to be delivered by the Designated Subsidiary when delivered will be,
legal, valid and binding obligations of the Designated Subsidiary enforceable against the Designated Subsidiary in accordance with their respective terms. 

  
 i 

 (e) There is no pending or, to the knowledge of the Designated Subsidiary,
threatened action, suit, investigation or proceeding affecting the Designated Subsidiary or any of its Subsidiaries before any court, governmental agency or arbitrator that purports to affect the legality, validity or enforceability of this
Designation Agreement, the Credit Agreement or any Note of the Designated Subsidiary. 
 (f) The Designated
Subsidiary is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System), and no proceeds of any
Advance will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock. Following application of the proceeds of each Advance, not more than 25 percent of the value of the
assets (either of the Designated Subsidiary only or of the Designated Subsidiary and its Subsidiaries on a Consolidated basis) that are subject to a restriction on sale, pledge, or disposal under the Credit Agreement will be represented by margin
stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System). 

(g) The Designated Subsidiary is not an “investment company”, or a company “controlled” by an
“investment company”, within the meaning of the Investment Company Act of 1940, as amended. 
 This Designation
Agreement shall be governed by, and construed in accordance with, the laws of the State of New York. 
  

			
	Very truly yours,
	
	AT&T INC.
		
	By	 	 
		 	Name:
		 	Title:
	
	[THE DESIGNATED SUBSIDIARY]
		
	By	 	 
		 	 Name:

Title:

  
 ii 

 EXHIBIT F - FORM OF 
 CO-BORROWER JOINDER AGREEMENT 
 [DATE] 

To each of the Lenders 
   parties to
the Credit Agreement 
   (as defined below) and to Citibank, N.A. 
   as Agent for such Lenders 
 Ladies and Gentlemen: 

Reference is made to the Amended and Restated Four Year Credit Agreement dated as of December 11, 2012 among AT&T Inc. (the
“Company”), certain other borrowers parties thereto, the Lenders parties thereto and Citibank, N.A., as administrative agent for said Lenders (as amended or modified from time to time, the “Credit Agreement”). Terms
used herein and defined in the Credit Agreement shall have the respective meanings ascribed to such terms in the Credit Agreement. 
 Please be advised that AT&T Mobility II LLC, a Delaware limited liability company (the “Co-Borrower”), shall be come a borrower under and for all purposes of the Credit Agreement.

 The Co-Borrower, in consideration of each Lender’s agreement to extend credit to it under and on the terms and
conditions set forth in the Credit Agreement, does hereby assume each of the obligations imposed upon the “Co-Borrower” under the Credit Agreement and agrees to be bound by the terms and conditions of the Credit Agreement. In furtherance
of the foregoing, the Co-Borrower hereby represents and warrants to each Lender as follows: 
 (a) The
Co-Borrower is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. 
 (b) The execution, delivery and performance by the Co-Borrower of this Co-Borrower Joinder Agreement, the Credit Agreement and the Notes to be delivered by it are within the Co-Borrower’s corporate
or other powers, have been duly authorized by all necessary corporate or other action and do not contravene (i) the Co-Borrower’s governing documents or (ii) law or any contractual restriction binding on or affecting the Co-Borrower.
The Co-Borrower Joinder Agreement and the Notes delivered by it have been duly executed and delivered on behalf of the Co-Borrower. 
 (c) No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or any third party is required for the due execution, delivery and
performance by the Co-Borrower of this Co-Borrower Joinder Agreement, the Credit Agreement or the Notes to be delivered by it. 
 (d) This Co-Borrower Joinder Agreement is, and the Notes to be delivered by the Co-Borrower when delivered will be, legal, valid and binding obligations of the Co-Borrower enforceable against the
Co-Borrower in accordance with their respective terms. 

  
 i 

 (e) The Consolidated balance sheet of the Co-Borrower and its Subsidiaries
as at December 31, 20__, and the related Consolidated statements of income and cash flows of the Co- Borrower and its Subsidiaries for the fiscal year then ended, accompanied by an opinion of Ernst & Young LLP, independent public
accountants, or other independent public accounting firm of recognized national standing, and the Consolidated balance sheet of the Co-Borrower and its Subsidiaries as at             ,
20    , and the related Consolidated statements of income and cash flows of the Co-Borrower and its Subsidiaries for the [three][six][nine] months then ended, duly certified by the chief financial officer of the Co-Borrower,
copies of which have been furnished to each Lender, fairly present in all material respects, subject, in the case of said balance sheet as at such date, and said statements of income and cash flows for the period then ended, to year-end audit
adjustments, the Consolidated financial condition of the Co-Borrower and its Subsidiaries as at such dates and the Consolidated results of the operations of the Co-Borrower and its Subsidiaries for the periods ended on such dates, all in accordance
with generally accepted accounting principles consistently applied. Except as disclosed in filings with the Securities and Exchange Commission prior to the date hereof, since the date of the Audited Financial Statements, there has been no Material
Adverse Change with respect to the Co-Borrower. 
 (f) There is no pending or, to the knowledge of the
Co-Borrower, threatened action, suit, investigation, litigation or proceeding affecting the Co-Borrower or any of its Subsidiaries before any court, governmental agency or arbitrator that (i) is not disclosed in a filing by such Borrower with
the Securities and Exchange Commission and would be reasonably likely to have a Material Adverse Effect with respect to the Co-Borrower or (ii) purports to affect the legality, validity or enforceability of this Co-Borrower Joinder Agreement,
the Credit Agreement or any Note of the Co-Borrower. 
 (g) The Co-Borrower is not engaged in the business of
extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System), and no proceeds of any Advance will be used to purchase or carry any
margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock. Following application of the proceeds of each Advance, not more than 25 percent of the value of the assets (either of the Co-Borrower only or of
the Co-Borrower and its Subsidiaries on a Consolidated basis) that are subject to a restriction on sale, pledge, or disposal under the Credit Agreement will be represented by margin stock (within the meaning of Regulation U issued by the Board
of Governors of the Federal Reserve System). 
 (h) The Co-Borrower is not an “investment company”, or
a company “controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended. 
 (i) As of the date hereof, the Liens set forth on the attached Schedule 5.02(a) are the existing Liens applicable to the Co-Borrower and its Subsidiaries. 

The Co-Borrower Sublimit is
$                    (which amount may be increased pursuant to Section 2.17 of the Credit Agreement). 

  
 ii 

 This Co-Borrower Joinder Agreement shall be governed by, and construed in accordance with,
the laws of the State of New York. 
  

			
	Very truly yours,
		
	By	 	AT&T MOBILITY II LLC
		 	 Name:

Title:

		
		 	 [Address for notices]

	
	 AT&T INC.

		
	 By
	 	 
		 	 Name:

Title:

  

			
	Accepted as of the date first above written:
	
	CITIBANK, N.A., as Agent and as a Lender
		
	By:	 	 
		 	 Name:

Title:

	
	 [NAME OF LENDER]

		
	 By:
	 	 
		 	 Name:

Title:

  
 iii

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