Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

REFINANCING AMENDMENT NO. 2 (this “Second Amendment”) dated as of September 27, 2021, to the Amended and Restated Credit
and Guaranty Agreement dated as of October 3, 2017 (as amended by that certain Refinancing Amendment No. 1, dated as of December 17, 2018, and as may be further amended, restated, supplemented or otherwise modified from time to time
prior to the date hereof, the “Credit Agreement”), among HOLOGIC, INC., a Delaware corporation (the “Company”), HOLOGIC GGO 4 LTD. (the “UK Borrower”), certain subsidiaries of the
Company from time to time party thereto as Designated Borrowers, the Guarantors from time to time party thereto, the lenders from time to time party thereto and BANK OF AMERICA, N.A., as administrative agent (in such capacity, the
“Administrative Agent”). 
 WHEREAS, each Person that agrees to make 2021 Refinancing Term Loans (as defined below)
(collectively, the “2021 Refinancing Term Lenders”) will make 2021 Refinancing Term Loans to the Company on the Second Amendment Effective Date (as defined below) (the “2021 Refinancing Term Loans”) in an amount
equal to its 2021 Refinancing Term Commitment (defined below); 
 WHEREAS, each Person that agrees to make 2021 Refinancing Revolving Credit
Commitments (as defined below) available to the Company (collectively, the “2021 Refinancing Revolving Credit Lenders”) will make such 2021 Refinancing Revolving Credit Commitments available to the Company on the Second Amendment
Effective Date (as defined below); 
 WHEREAS, the Company has requested an amendment to the Credit Agreement that would effect the
modifications to the Credit Agreement set forth herein, and each Lender party hereto consents to this Second Amendment; 
 WHEREAS, BofA
Securities, Inc. (“BofA Securities”), Wells Fargo Bank, National Association, Goldman Sachs Bank USA, JPMorgan Chase Bank,. N.A., MUFG Bank, Ltd. and Citibank, N.A. have been appointed as the Lead Arrangers (as defined below) with
respect to this Second Amendment; and 
 WHEREAS, this Second Amendment includes amendments of the Credit Agreement that are subject to the
approval of the Required Lenders (and certain amendment(s) that require approval of all of the Lenders), and that, in each case, will become effective on the Second Amendment Effective Date on the terms and subject to the conditions set forth
herein. 
 Accordingly, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION 1. Defined Terms. Capitalized terms used and
not otherwise defined herein have the meanings assigned to them in the Credit Agreement as amended hereby (the “Amended Credit Agreement”). 

SECTION 2. Refinancing Transactions. 

(a)     Subject to the terms and conditions set forth herein, each 2021 Refinancing Term Lender severally agrees to make a
2021 Refinancing Term Loan to the Company on the Second Amendment Effective Date in a principal amount equal to its 2021 Refinancing Term Commitment, which amount shall be made available to the Administrative Agent in immediately available funds in
accordance with the Credit Agreement. The “2021 Refinancing Term Commitment” of each 2021 Refinancing Term Lender will be the amount set forth opposite such 2021 Refinancing Term Lender’s name on Schedule 1 hereto. On the

 
Second Amendment Effective Date, the 2021 Refinancing Term Loans shall replace or refinance in full the 2018 Refinancing Term Loans outstanding on the Second Amendment Effective Date (immediately
prior to the refinancing of the 2018 Refinancing Term Loans contemplated by this Second Amendment (the “Refinancing”)) (the “Existing Term Loans”). Each Lender party hereto and the Administrative Agent hereby
acknowledge that (i) the Company hereby provides notice under Section 2.19 of the Credit Agreement of its request for 2021 Refinancing Term Loans to refinance or replace in full the Existing Term Loans and (ii) all notice requirements
set forth in Section 2.19 of the Credit Agreement with respect to the Refinancing have been satisfied. For the avoidance of doubt, there shall be no amount payable under Section 3.05(a) of the Credit Agreement in connection with the
Refinancing. 
 (b)     Subject to the terms and conditions set forth herein, each 2021 Refinancing Revolving Credit
Lender agrees to make 2021 Refinancing Revolving Credit Commitments available to the Company on the Second Amendment Effective Date. The “2021 Refinancing Revolving Credit Commitment” of each 2021 Refinancing Revolving Credit Lender
will be the amount set forth opposite such 2021 Refinancing Revolving Credit Lender’s name on Schedule 1 hereto. Immediately upon the Second Amendment becoming effective on the Second Amendment Effective Date, the 2021 Refinancing Revolving
Credit Commitments shall replace in full the Revolving Credit Commitments under the 2018 Revolving Credit Facility. The Administrative Agent may take whatever administrative actions it deems necessary and appropriate to reflect the foregoing in the
Register. 
 (c)     On and after the Second Amendment Effective Date, each reference in the Loan Documents to
“Term Loans” shall be deemed to be a reference to and include the 2021 Refinancing Term Loans made or deemed made (including by replacement) hereunder, and each reference to “Lenders” shall be deemed to include the 2021
Refinancing Term Lenders. Notwithstanding the foregoing but subject to the last sentence of Section 2(a), the provisions of the Credit Agreement with respect to indemnification, confidentiality, reimbursement of costs and expenses, increased
costs and break funding payments shall continue in full force and effect with respect to, and for the benefit of, each Term Lender in respect of such Lender’s Existing Term Loans. 

SECTION 3. Amendments to the Credit Agreement. Each of the parties hereto agrees that, effective on the Second Amendment Effective
Date, the Credit Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example:
double-underlined text) as set forth in the pages of the
Credit Agreement attached as Exhibit A hereto.
 SECTION 4. Amendments to the Pledge and Security Agreement. Each of
the parties hereto agrees that, effective on the Second Amendment Effective Date, the Pledge and Security Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following
example: double-underlined text) as set forth in the pages
of the Pledge and Security Agreement attached as Exhibit B hereto. 
 SECTION 5. Representations and Warranties. To induce the
other parties hereto to enter into this Second Amendment, each Loan Party represents and warrants to each other party hereto, on and as of the Second Amendment Effective Date, that the following statements are true and correct: 

(a)     The execution, delivery and performance of this Second Amendment have been duly authorized by all necessary action
on the part of each Loan Party. This Second Amendment has been duly executed and delivered by each Loan Party and is the legally valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms,
except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability. 

  
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 (b)     The representations and warranties of the Company and each other
Loan Party contained in Article 5 of the Credit Agreement or any other Loan Document, or which are contained in any document furnished in connection herewith or therewith, shall be true and correct in all material respects (or, with respect to any
such representation or warranty that is qualified by materiality or Material Adverse Effect, in all respects) on and as of the Second Amendment Effective Date, except to the extent that such representations and warranties specifically refer to an
earlier date, in which case they shall be true and correct in all material respects (or, with respect to any such representation or warranty that is qualified by materiality or Material Adverse Effect, in all respects) as of such earlier date, and
except that for purposes of this Section 5(b), the representations and warranties contained in Sections 5.08(a) and (b) shall be deemed to refer to the then-most recent statements furnished pursuant to Sections 6.01(a) and (b),
respectively. 
 (c)     As of the Second Amendment Effective Date, after giving effect to this Second Amendment, no
Default shall exist or would result from the consummation of the transactions contemplated hereby. 
 SECTION 6. Second Amendment
Effective Date. 
 (a)     This Second Amendment shall become effective as of the first date (the “Second
Amendment Effective Date”) on which each of the following conditions shall have been satisfied or waived by the 2021 Refinancing Term Lenders and the 2021 Refinancing Revolving Credit Lenders: 

(i)    the Administrative Agent shall have received counterparty signature pages of this Second Amendment
from each of the Borrower, each Guarantor and each Lender; 
 (ii)    the Administrative Agent shall have
received (A) sufficient copies of each Organizational Document of each Loan Party, as applicable, and, to the extent applicable, certified as of the Second Amendment Effective Date or a recent date prior thereto by the appropriate Governmental
Authority; (B) signature and incumbency certificates of the officers of such Persons executing the Loan Documents on behalf of each Loan Party; (C) copies of resolutions of the Board of Directors or similar governing body of each Loan
Party approving and authorizing the execution, delivery and performance of this Second Amendment and the other Loan Documents executed in connection with the Second Amendment to which it is a party or by which it or its assets may be bound as of the
Second Amendment Effective Date, certified as of the Second Amendment Effective Date by its secretary or an assistant secretary as being in full force and effect without modification or amendment; (D) other than with respect to the U.K.
Borrower, a good standing certificate from the applicable Governmental Authority of each Loan Party’s jurisdiction of incorporation, organization or formation, dated as of the Second Amendment Effective Date or a recent date prior thereto and
(E) to the extent requested by the Administrative Agent in respect of the U.K. Borrower, (i) copies of resolutions of its shareholders approving the terms of, and the transactions contemplated by this Second Amendment and (ii) a
certificate signed by a Responsible Officer of the U.K. Borrower certifying that the U.K. Borrower Sublimit would not cause any borrowing or similar limit binding on it to be exceeded; 

  
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 (iii)    the Administrative Agent shall have received a
favorable opinion of Brown Rudnick LLP, counsel for the Loan Parties, dated as of the Second Amendment Effective Date, in a form consistent with the opinion delivered by Brown Rudnick LLP on the First Amendment Effective Date; 

(iv)    the Administrative Agent shall have received a certificate signed by a Responsible Officer of the
Company certifying (a) that the conditions specified in Sections 5(b) and (c) have been satisfied and (b) that there has been no event or circumstance since September 26, 2020 that has had or could be reasonably expected to have,
either individually or in the aggregate, a Material Adverse Effect; 
 (v)    Concurrently with the
making of the 2021 Refinancing Term Loans, (a) the entire aggregate principal amount of the 2018 Refinancing Term Loans and (b) all accrued interest, fees and other amounts accrued immediately prior to this Second Amendment becoming
effective in connection therewith shall have been paid in full and all Interest Periods in respect thereof shall have been terminated; 

(vi)    Concurrently with the availability of the 2021 Revolving Credit Facility, (i) the Revolving
Credit Commitments in effect immediately prior to this Second Amendment becoming effective shall have been terminated and the entire aggregate principal amount of the all Revolving Credit Loans outstanding (if any) immediately prior to this Second
Amendment becoming effective shall have been paid in full and (ii) all accrued interest, fees and other amounts accrued prior to this Second Amendment becoming effective in connection therewith shall have been paid in full and all Interest
Periods in respect thereof shall have been terminated; 
 (vii)    Any fees required to be paid pursuant
to the Fee Letter on or before the Second Amendment Effective Date shall have been paid by the Company to the Administrative Agent on the Second Amendment Effective Date; 

(viii)    The Company shall have delivered a Committed Loan Notice with respect to the 2021 Refinancing
Term Loans, and a notice of prepayment with respect to the Existing Term Loans, in each case, in accordance with the Credit Agreement; 

(ix)     The Company shall have paid all fees, charges and disbursements of Davis Polk & Wardwell
LLP (it is hereby expressly acknowledged and agreed that any fees paid pursuant to this clause (ix) shall be paid by the Company to the Administrative Agent on the Second Amendment Effective Date); 

(x)    The Loan Parties shall have provided the documentation and other information to the Administrative
Agent and Lenders that are required by regulatory authorities under applicable “know-your-customer” rules and regulations, including the Patriot Act and the Beneficial Ownership Regulation, to the extent the Company shall have received
written requests therefor at least three (3) Business Days prior to the Second Amendment Effective Date; and 

(xi)    The conditions specified in Section 2.19 of the Credit Agreement with respect to the
Refinancing shall have been satisfied (it being understood and agreed that, as of the date hereof, such conditions shall be deemed to be satisfied). 

  
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 (b)     Without limiting the generality of the provisions of the last
paragraph of Section 9.03 of the Credit Agreement, for purposes of determining compliance with the conditions specified in Section 6(a) hereof, each Lender that has signed this Second Amendment shall be deemed to have consented to,
approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender
prior to the Second Amendment Effecitve Date specifying its objection thereto. 
 (c)     The Second Amendment Effective
Date shall not occur if any of the conditions set forth or referred to in this Section 6 has not been satisfied or waived in accordance with Section 10.01 of the Credit Agreement at or prior to 5:00 p.m., New York City time, on
September 27, 2021 (it being understood that any such failure of the Second Amendment Effective Date to occur by such date will not affect any rights or obligations of any Person under the existing Credit Agreement). The Administrative Agent
shall promptly notify the Company and the Lenders of the Second Amendment Effective Date. 
 SECTION 7. Effect of Amendment. 

(a)     Except as expressly set forth herein, this Second Amendment shall not by implication or otherwise limit, impair,
constitute a waiver of or otherwise affect the rights and remedies of the Lenders or Agents under the existing Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions,
obligations, covenants or agreements contained in the existing Credit Agreement or any other provision of the existing Credit Agreement or of any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full
force and effect. Except as expressly set forth herein, nothing herein shall be deemed a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any
other Loan Document in similar or different circumstances. 
 (b)     The parties hereto acknowledge and agree that this
Second Amendment and the other Loan Documents executed and delivered in connection with this Second Amendment do not constitute a novation or termination of any of the Obligations . 

(c)     From and after the Second Amendment Effective Date, each reference in the Credit Agreement to “this
Agreement”, “hereunder”, “hereof”, “herein”, or words of like import, and each reference to the Credit Agreement in any other Loan Document shall be deemed a reference to the Credit Agreement as amended hereby.
From and after the Second Amendment Effective Date, each reference in the Loan Documents to the “Pledge and Security Agreement” shall be deemed a reference to the Pledge and Security Agreement as amended hereby. This Second Amendment shall
constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. 
 SECTION 8.
Reaffirmation. Notwithstanding the effectiveness of this Second Amendment and the transactions contemplated hereby, (i) each Loan Party acknowledges and agrees that, (A) each Loan Document to which it is a party is hereby confirmed and
ratified and shall remain in full force and effect according to its respective terms (in the case of the Credit Agreement and the Pledge and Security Agreement, in each case, as amended hereby) and (B) the Collateral Documents do, and all of
the Collateral does, and in each case shall continue to, secure the payment of all Secured Obligations (as defined in the Pledge and Security Agreement, as amended hereby) on the terms and conditions set forth in the Collateral Documents, and hereby
ratifies the security interests granted by it pursuant to the Collateral Documents and (ii) each Guarantor hereby confirms and ratifies its continuing unconditional obligations as Guarantor under the Guaranty with respect to all of the
Guaranteed Obligations. 

  
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 SECTION 9. GOVERNING LAW. THIS SECOND AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF AND ANY DETERMINATIONS WITH RESPECT TO POST JUDGMENT INTEREST) SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED
AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THEREOF THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

SECTION 10. Costs and Expenses. The Borrower agrees to reimburse the Administrative Agent for its actual and reasonable costs and
expenses in connection with this Second Amendment to the extent required pursuant to Section 10.04 of the Credit Agreement. 

SECTION 11. Counterparts; Effectiveness. This Second Amendment may be executed in any number of counterparts, each of which when so
executed and delivered shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery by facsimile or other electronic imaging means of an executed counterpart of a signature page to this Second
Amendment shall be effective as delivery of an original executed counterpart of this Second Amendment. 
 SECTION 12. Headings.
Section headings herein are included herein for convenience of reference only and shall not constitute a part hereof for any other purpose or be given any substantive effect. 

[Remainder of page intentionally left blank] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be duly
executed and delivered by their respective officers thereunto duly authorized as of the date first written above. 
  

			
	 HOLOGIC, INC.,

as Borrower

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 HOLOGIC UK FINANCE LTD,
 as
Designated Borrower

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	 HOLOGIC GGO 4 LTD,

as UK Borrower

		
	By:	 	 /s/ Michelangelo Stefani

		 	Name: Michelangelo Stefani
		 	Title:   Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	 BIOLUCENT, LLC,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 CYTYC CORPORATION,
 as
Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 BIOTHERANOSTICS, INC.,
 as
Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	 Name: Marci J. Lerner

Title:   Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	CYTYC PRENATAL PRODUCTS CORP., as Guarantor
		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 BIOPTICS, INC.,
 as
Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	 Name: Marci J. Lerner

Title:   Vice President and Treasurer

	
	CYTYC SURGICAL PRODUCTS, LLC, as Guarantor
		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 FAXITRON BIOPTICS, LLC,
 as
Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	 Name: Marci J. Lerner

Title:   Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	 DIRECT RADIOGRAPHY CORP.,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 HOLOGIC US FINANCE CO LLC, as

Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	 Name: Marci J. Lerner

Title:   Vice President and Treasurer

	
	 SUROS SURGICAL SYSTEMS, INC.,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 GEN-PROBE SALES AND SERVICE, INC.,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	 GEN-PROBE PRODESSE, INC.,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 GEN-PROBE INCORPORATED,

as Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer
	
	 HOLOGIC (MA), LLC,
 as
Guarantor

		
	By:	 	 /s/ Marci J. Lerner

		 	Name: Marci J. Lerner
		 	Title:   Vice President and Treasurer

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

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

		
	By:	 	 /s/ Melissa Mullis

		 	Name: Melissa Mullis
		 	Title:   Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
			
	 BANK OF AMERICA, N.A.,
as Lender

		
	By:	 	 /s/ Irina Froment

		 	Name: Irina Froment
		 	Title    Senior Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 CITIBANK, N.A.,

as Lender

		
	By:	 	 /s/ Pranjal Gambhir

		 	Name:	 	Pranjal Gambhir
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 GOLDMAN SACHS BANK USA,

as Lender

		
	By:	 	 /s/ Rebecca Kratz

		 	Name:	 	Rebecca Kratz
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 JPMorgan Chase Bank, N.A.,

as Lender

		
	By:	 	 /s/ David Hyman

		 	Name:	 	David Hyman
		 	Title:	 	Executive Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	MUFG Bank, Ltd., as Lender
		
	By:	 	 /s/ Kevin Wood

		 	Name:	 	Kevin Wood
		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 WELLS FARGO BANK NATIONAL ASSOCIATION

as Lender

		
	By:	 	 /s/ Darin Mullis

		 	Name:	 	Darin Mullis
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 DNB Capital LLC

as Lender

		
	By:	 	 /s/ Abelia Singh

		 	Name:	 	Abelia Singh
		 	Title:	 	Assistant Vice President
		
	By:	 	 /s/ Devan Patel

		 	Name:	 	Devan Patel
		 	Title:	 	First Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 Morgan Stanley Bank, N.A.,

as Lender

		
	By:	 	 /s/ Michael King

		 	Name:	 	Michael King
		 	Title:	 	Authorized Signatory

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 Sumitomo Mitsui Banking Corporation

as Lender

		
	By:	 	 /s/ Gail Motonaga

		 	Name:	 	Gail Motonaga
		 	Title:	 	Executive Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	BNP PARIBAS as a lender
		
	By:	 	 /s/ Reid Hill

		 	Name:	 	Reid Hill
		 	Title:	 	Managing Director
		
	By:	 	 /s/ Michael Pearce

		 	Name:	 	Michael Pearce
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,

as Lender

		
	By:	 	 /s/ Gordon Yip

		 	Name:	 	Gordon Yip
		 	Title:	 	Director
		
	By:	 	 /s/ Paul Arens

		 	Name:	 	Paul Arens
		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 Fifth Third Bank, National Association,

as Lender

		
	By:	 	 /s/ Ellie Robertson

		 	Name:	 	Ellie Robertson
		 	Title:	 	Assistant Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 PNC Bank, National Association,

as Lender

		
	By:	 	 /s/ Joseph Guilmartin

		 	Name:	 	Joseph Guilmartin
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 Santander Bank, N.A.,

as Lender

		
	By:	 	 /s/ Irv Roa

		 	Name:	 	Irv Roa
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 The Bank of Nova Scotia,

as Lender

		
	By:	 	 /s/ Arjun Talwalkar

		 	Name:	 	Arjun Talwalkar
		 	Title:	 	Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 TD Bank, N.A.,

as Lender

		
	By:	 	 /s/ Steve Levi

		 	Name:	 	Steve Levi
		 	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	U.S. Bank National Association, as Lender
		
	By:	 	 /s/ Maria Massimino

		 	Name:	 	Maria Massimino
		 	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 CITIZENS BANK, N.A.,

as Lender

		
	By:	 	 /s/ William Rowe

		 	Name:	 	William Rowe
		 	Title:	 	Managing Director

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 Huntington National Bank,

as Lender

		
	By:	 	 /s/ Jeffrey A. Kerkay

		 	Name:	 	Jeffrey A. Kerkay
		 	Title:	 	Senior Vice President

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 
					
	 People’s United Bank, National Association

as Lender

		
	By:	 	 /s/ Kathryn Williams

		 	Name:	 	Kathryn Williams
		 	Title:	 	SVP

  
 [Signature Page to
Amendment No. 2 to the Amended and Restated Credit and Guaranty Agreement] 

 Schedule 1 

COMMITMENTS AND APPLICABLE PERCENTAGES 

2021 Refinancing Term Commitments 
  

									
	 Lender
	  	Amount of Term Loans	 	  	Applicable Percentage	 
	 Bank of America, N.A.
	  	$	316,428,571.43	 	  	 	21.095238095	% 
	 Citibank, N.A.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 Goldman Sachs Bank USA
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 JPMorgan Chase Bank, N.A.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 MUFG Bank, Ltd.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 Wells Fargo Bank, National Association
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 DNB Capital LLC
	  	$	83,571,428.57	 	  	 	5.571428571	% 
	 Morgan Stanley Bank, N.A.
	  	$	0.00	 	  	 	0	% 
	 Sumitomo Mitsui Banking Corporation
	  	$	83,571,428.57	 	  	 	5.571428571	% 
	 BNP Paribas
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Credit Agricole Corporate and Investment Bank
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Fifth Third Bank, National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 PNC Bank, National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Santander Bank, N.A.
	  	$	20,000,000.00	 	  	 	1.333333333	% 
	 The Bank of Nova Scotia
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 TD Bank, N.A.
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 U.S. Bank National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Citizens Bank, N.A.
	  	$	21,428,571.43	 	  	 	1.428571429	% 
	 Huntington National Bank
	  	$	21,428,571.43	 	  	 	1.428571429	% 
	 People’s United Bank, National Association
	  	$	21,428,571.43	 	  	 	1.428571429	% 
		  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	1,500,000,000.00	 	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 2021 Refinancing Revolving Credit Commitments (USD) 

 

									
	 Lender
	  	Amount of USD Revolving
Credit Commitments	 	  	Applicable Percentage	 
	 Bank of America, N.A.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 Citibank, N.A.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 Goldman Sachs Bank USA
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 JPMorgan Chase Bank, N.A.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 MUFG Bank, Ltd.
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 Wells Fargo Bank, National Association
	  	$	111,428,571.43	 	  	 	7.428571429	% 
	 DNB Capital LLC
	  	$	83,571,428.57	 	  	 	5.571428571	% 
	 Morgan Stanley Bank, N.A.
	  	$	146,250,000.00	 	  	 	9.750000000	% 
	 Sumitomo Mitsui Banking Corporation
	  	$	83,571,428.57	 	  	 	5.571428571	% 
	 BNP Paribas
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Credit Agricole Corporate and Investment Bank
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Fifth Third Bank, National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 PNC Bank, National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Santander Bank, N.A.
	  	$	78,750,000.00	 	  	 	5.250000000	% 
	 The Bank of Nova Scotia
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 TD Bank, N.A.
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 U.S. Bank National Association
	  	$	53,571,428.57	 	  	 	3.571428571	% 
	 Citizens Bank, N.A.
	  	$	21,428,571.43	 	  	 	1.428571429	% 
	 Huntington National Bank
	  	$	21,428,571.43	 	  	 	1.428571429	% 
	 People’s United Bank, National Association
	  	$	21,428,571.43	 	  	 	1.428571429	% 
		  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	1,500,000,000.00	 	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 2021 Refinancing Revolving Credit Commitments (Multicurrency) 

 

									
	 Lender
	  	Amount of Multicurrency
Revolving Credit
Commitments	 	  	Applicable Percentage	 
	 Bank of America, N.A.
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 Citibank, N.A.
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 Goldman Sachs Bank USA
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 JPMorgan Chase Bank, N.A.
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 MUFG Bank, Ltd.
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 Wells Fargo Bank, National Association
	  	$	37,142,857.14	 	  	 	7.428571428	% 
	 DNB Capital LLC
	  	$	27,857,142.86	 	  	 	5.571428572	% 
	 Morgan Stanley Bank, N.A.
	  	$	48,750,000.00	 	  	 	9.750000000	% 
	 Sumitomo Mitsui Banking Corporation
	  	$	27,857,142.86	 	  	 	5.571428572	% 
	 BNP Paribas
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 Credit Agricole Corporate and Investment Bank
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 Fifth Third Bank, National Association
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 PNC Bank, National Association
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 Santander Bank, N.A.
	  	$	26,250,000.00	 	  	 	5.250000000	% 
	 The Bank of Nova Scotia
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 TD Bank, N.A.
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 U.S. Bank National Association
	  	$	17,857,142.86	 	  	 	3.571428572	% 
	 Citizens Bank, N.A.
	  	$	7,142,857.14	 	  	 	1.428571428	% 
	 Huntington National Bank
	  	$	7,142,857.14	 	  	 	1.428571428	% 
	 People’s United Bank, National Association
	  	$	7,142,857.14	 	  	 	1.428571428	% 
		  	  
	  
	 	  	  
	  
	 
	 TOTAL
	  	$	500,000,000.00	 	  	 	100	% 
		  	  
	  
	 	  	  
	  
	 

 (i)    Exhibit A 

[Amendments to Credit Agreement attached] 

 EXECUTION VERSION 

 
  

 
 Published CUSIP Number: 43644AAZ243644ABD0
 
 CUSIP (USD Revolving Credit Facility): 43644ABB443644ABE8
 
 CUSIP (Multicurrency Revolving Credit Facility): 43644ABA643644ABF5
 
 CUSIP (Term Facility): 43644ABC243644ABG3
 
 AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT 

Originally dated as of May 29, 2015, amended and restated as of October 3, 2017 and, amended as of December 17, 2018 and amended as of
September
 27, 2021 

among 
 HOLOGIC, INC., 

and 
 CERTAIN SUBSIDIARIES

 as Borrowers, 
 BANK OF
AMERICA, N.A., 
 as Administrative Agent, Swing Line Lender 

and 
 L/C Issuer, 

The Other Lenders Party Hereto, 

MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATEDBOFA SECURITIES, INC., 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

GOLDMAN SACHS BANK USA, 

JPMORGAN CHASE BANK, N.A. 

CITIBANK, N.A. 

and 

MUFG and 

THE
 BANK OF TOKYO-MITSUBISHI UFJ, LTD.,

 as 
 Co-Syndication Agents 
 DNB BANK ASA, NEW YORK 

HSBC BANK USA, NATIONAL ASSOCIATION 

MORGAN STANLEY SENIOR FUNDING, INC. 

and 
 SUMITOMO MITSUI BANKING CORPORATIONand, 

CITIGROUP GLOBAL MARKETS INC., 
 as
Co-Documentation Agents 
  

 
 MERRILL LYNCH, PIERCE,
FENNER & SMITH INCORPORATED,  

BOFA SECURITIES,
INC.,  

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

GOLDMAN SACHS BANK USA, 

JPMORGAN CHASE BANK, N.A. 

CITIBANK, N.A. 

 and 
 THEMUFG BANK OF TOKYO-MITSUBISHI UFJ, LTD., 

as 
 Joint Lead Arrangers and Joint
Bookrunners 
  
  

 

 TABLE OF CONTENTS 

 

							
	 	  	PAGE	 
	ARTICLE 1	  

	DEFINITIONS AND ACCOUNTING TERMS	  

	 Section 1.01.
	 	 Defined Terms
	  	 	2	 
	 Section 1.02.
	 	 Other Interpretive Provisions
	  	 	7677	 
	 Section 1.03.
	 	 Accounting Terms
	  	 	7779	 
	 Section 1.04.
	 	 Rounding
	  	 	7880	 
	 Section 1.05.
	 	 Exchange Rates; Currency Equivalents
	  	 	7880	 
	 Section 1.06.
	 	 Additional Alternative Currencies
	  	 	7880	 
	 Section 1.07.
	 	 Change of Currency
	  	 	7982	 
	 Section 1.08.
	 	 Times of Day
	  	 	8082	 
	 Section 1.09.
	 	 Letter of Credit Amounts
	  	 	8082	 
	 Section 1.10.
	 	 Pro Forma Calculations
	  	 	8082	 
	
	ARTICLE 2	  

	THE COMMITMENTS AND CREDIT EXTENSIONS	  

			
	 Section 2.01.
	 	 The Loans
	  	 	8183	 
	 Section 2.02.
	 	 Borrowings, Conversions and Continuations of Loans
	  	 	8385	 
	 Section 2.03.
	 	 Letters of Credit
	  	 	8688	 
	 Section 2.04.
	 	 Swing Line Loans
	  	 	9999	 
	 Section 2.05.
	 	 Prepayments/Commitment Reductions
	  	 	103102	 
	 Section 2.06.
	 	 Application of Prepayments/Reductions
	  	 	108107	 
	 Section 2.07.
	 	 Scheduled Payments/Commitment Reductions
	  	 	109109	 
	 Section 2.08.
	 	 Interest
	  	 	111110	 
	 Section 2.09.
	 	 Fees
	  	 	112111	 
	 Section 2.10.
	 	 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate
	  	 	113112	 
	 Section 2.11.
	 	 Evidence of Debt
	  	 	113112	 
	 Section 2.12.
	 	 Payments Generally; Administrative Agent’s Clawback
	  	 	114113	 
	 Section 2.13.
	 	 Sharing of Payments by Lenders
	  	 	116115	 
	 Section 2.14.
	 	 Designated Borrowers
	  	 	117116	 
	 Section 2.15.
	 	 Extension of Loans
	  	 	119118	 
	 Section 2.16.
	 	 Incremental Facilities
	  	 	124121	 
	 Section 2.17.
	 	 Cash Collateral
	  	 	128125	 
	 Section 2.18.
	 	 Defaulting Lenders
	  	 	130127	 
	 Section 2.19.
	 	 Refinancing Amendments
	  	 	133129	 
	 Section 2.20.
	 	 Foreign Obligors Not Obligated For U.S. Loan Party Obligations
	  	 	135131	 
	 Section 2.21.
	 	 U.S. Loan Parties; U.K. Borrower; Designated Borrowers
	  	 	136132	 

  
 i 

							
	ARTICLE 3	  

	TAXES, YIELD PROTECTION AND ILLEGALITY	  

			
	 Section 3.01.
	 	 Taxes
	  	 	136132	 
	 Section 3.02.
	 	 Illegality
	  	 	143138	 
	 Section 3.03.
	 	 Inability to Determine Rates
	  	 	144139	 
	 Section 3.04.
	 	 Increased Costs; Reserves on Eurocurrency Rate
Loans
	  	 	145144	 
	 Section 3.05.
	 	 Compensation for Losses
	  	 	147146	 
	 Section 3.06.
	 	 Mitigation Obligations; Replacement of Lenders
	  	 	148146	 
	 Section 3.07.
	 	 Survival
	  	 	148147	 
	
	ARTICLE 4	  

	CONDITIONS PRECEDENT TO CREDIT EXTENSIONS	  

			
	 Section 4.01.
	 	 Conditions of Initial Credit Extension
	  	 	149147	 
	 Section 4.02.
	 	 Conditions to all Credit Extensions
	  	 	152150	 
	 Section 4.03.
	 	 Conditions to the Restatement Date
	  	 	153151	 
	ARTICLE 5	  

	REPRESENTATIONS AND WARRANTIES	  

			
	 Section 5.01.
	 	 Organization; Requisite Power and Authority; Qualification
	  	 	155153	 
	 Section 5.02.
	 	 Equity Interests and Ownership
	  	 	155153	 
	 Section 5.03.
	 	 Due Authorization
	  	 	156153	 
	 Section 5.04.
	 	 No Conflict
	  	 	156153	 
	 Section 5.05.
	 	 Governmental Consents
	  	 	156154	 
	 Section 5.06.
	 	 Binding Obligation
	  	 	157154	 
	 Section 5.07.
	 	 Reserved
	  	 	157154	 
	 Section 5.08.
	 	 Financial Statements
	  	 	157154	 
	 Section 5.09.
	 	 No Material Adverse Effect
	  	 	157154	 
	 Section 5.10.
	 	 No Restricted Junior Payments
	  	 	157154	 
	 Section 5.11.
	 	 Adverse Proceedings, Etc
	  	 	157155	 
	 Section 5.12.
	 	 Payment of Taxes
	  	 	158155	 
	 Section 5.13.
	 	 Properties
	  	 	158155	 
	 Section 5.14.
	 	 Environmental Matters
	  	 	159156	 
	 Section 5.15.
	 	 No Defaults
	  	 	160157	 
	 Section 5.16.
	 	 Material Contracts
	  	 	160157	 
	 Section 5.17.
	 	 Governmental Regulation
	  	 	160157	 
	 Section 5.18.
	 	 Margin Stock
	  	 	161157	 
	 Section 5.19.
	 	 Employee Matters
	  	 	161157	 
	 Section 5.20.
	 	 Employee Benefit Plans
	  	 	161158	 
	 Section 5.21.
	 	 [Reserved]
	  	 	162159	 
	 Section 5.22.
	 	 Solvency
	  	 	162159	 
	 Section 5.23.
	 	 [Reserved]
	  	 	162159	 
	 Section 5.24.
	 	 Compliance with Statutes, Etc
	  	 	162159	 
	 Section 5.25.
	 	 Disclosure
	  	 	163159	 
	 Section 5.26.
	 	 Senior Indebtedness
	  	 	163159	 
	 Section 5.27.
	 	 PATRIOT Act; Sanctioned Persons
	  	 	163160	 
	 Section 5.28.
	 	 Use of Proceeds
	  	 	164160	 
	 Section 5.29.
	 	 Security Documents
	  	 	164160	 
	 Section 5.30.
	 	 Representations as to Foreign Obligors
	  	 	165161	 

  
 ii 

							
	ARTICLE 6	  

	AFFIRMATIVE COVENANTS	  

			
	 Section 6.01.
	 	 Financial Statements and Other Reports
	  	 	166162	 
	 Section 6.02.
	 	 Existence
	  	 	171166	 
	 Section 6.03.
	 	 Payment of Taxes and Claims
	  	 	171166	 
	 Section 6.04.
	 	 Maintenance of Properties
	  	 	171166	 
	 Section 6.05.
	 	 Insurance
	  	 	171167	 
	 Section 6.06.
	 	 Books and Records; Inspections
	  	 	172167	 
	 Section 6.07.
	 	 [Reserved]
	  	 	172167	 
	 Section 6.08.
	 	 Compliance with Laws
	  	 	173167	 
	 Section 6.09.
	 	 Environmental Matters
	  	 	173168	 
	 Section 6.10.
	 	 Subsidiaries
	  	 	174169	 
	 Section 6.11.
	 	 [Reserved]
	  	 	175170	 
	 Section 6.12.
	 	 Further Assurances
	  	 	175170	 
	 Section 6.13.
	 	 Maintenance of Ratings
	  	 	176171	 
	 Section 6.14.
	 	 Use of Proceeds
	  	 	176171	 
	 Section 6.15.
	 	
[Reserved]

	  	 	177	 
	
	ARTICLE 7	  

	NEGATIVE COVENANTS	  

			
	 Section 7.01.
	 	 Indebtedness
	  	 	177172	 
	 Section 7.02.
	 	 Liens
	  	 	182176	 
	 Section 7.03.
	 	 No Further Negative Pledges
	  	 	185179	 
	 Section 7.04.
	 	 Restricted Junior Payments
	  	 	186180	 
	 Section 7.05.
	 	 Restrictions on Subsidiary Distributions
	  	 	187181	 
	 Section 7.06.
	 	 Investments
	  	 	188182	 
	 Section 7.07.
	 	 Financial Covenants
	  	 	191185	 
	 Section 7.08.
	 	 Fundamental Changes; Disposition of Assets; Acquisitions
	  	 	192186	 
	 Section 7.09.
	 	 Sales and Leasebacks
	  	 	195189	 
	 Section 7.10.
	 	 Transactions with Shareholders and Affiliates
	  	 	196190	 
	 Section 7.11.
	 	 Conduct of Business
	  	 	197191	 
	 Section 7.12.
	 	 Amendments or Waivers of Organizational Documents
	  	 	197191	 
	 Section 7.13.
	 	 Amendments or Waivers with Respect to Junior Financing
	  	 	198191	 
	 Section 7.14.
	 	 Fiscal Year
	  	 	198191	 
	 Section 7.15.
	 	 Massachusetts Securities Corporation
	  	 	198191	 
	 Section 7.16.
	 	 Sanctions and Anti-Corruption: Use of Proceeds
	  	 	198192	 
	
	ARTICLE 8	  

	EVENTS OF DEFAULT	  

			
	 Section 8.01.
	 	 Events of Default
	  	 	199192	 
	 Section 8.02.
	 	 Remedies upon Event of Default
	  	 	202195	 
	 Section 8.03.
	 	 Application of Funds
	  	 	202195	 

  
 iii 

							
	ARTICLE 9	  

	ADMINISTRATIVE AGENT	  

			
	 Section 9.01.
	 	 Appointment and Authority
	  	 	203196	 
	 Section 9.02.
	 	 Rights as a Lender
	  	 	204197	 
	 Section 9.03.
	 	 Exculpatory Provisions
	  	 	204197	 
	 Section 9.04.
	 	 Reliance by Administrative Agent
	  	 	205198	 
	 Section 9.05.
	 	 Delegation of Duties
	  	 	206198	 
	 Section 9.06.
	 	 Resignation of Administrative Agent
	  	 	206198	 
	 Section 9.07.
	 	 Non-Reliance on
the Administrative Agent, the Arrangers and
the Other Lenders
	  	 	208200	 
	 Section 9.08.
	 	 No Other Duties, Etc
	  	 	208201	 
	 Section 9.09.
	 	 Administrative Agent May File Proofs of Claim; Credit Bidding
	  	 	208201	 
	 Section 9.10.
	 	 Collateral and Guaranty Matters
	  	 	210202	 
	 Section 9.11.
	 	 Secured Cash Management Agreements and Secured Hedge Agreements
	  	 	211204	 
	 Section 9.12.
	 	
Recovery of Erroneous
Payments
	  	 	204	 
	
	ARTICLE 10	  

	MISCELLANEOUS	  

			
	 Section 10.01.
	 	 Amendments, Etc
	  	 	211204	 
	 Section 10.02.
	 	 Notices; Effectiveness; Electronic Communication
	  	 	214207	 
	 Section 10.03.
	 	 No Waiver; Cumulative Remedies; Enforcement
	  	 	216209	 
	 Section 10.04.
	 	 Expenses; Indemnity; Damage Waiver
	  	 	217209	 
	 Section 10.05.
	 	 Payments Set Aside
	  	 	221212	 
	 Section 10.06.
	 	 Successors and Assigns
	  	 	221213	 
	 Section 10.07.
	 	 Treatment of Certain Information; Confidentiality
	  	 	227218	 
	 Section 10.08.
	 	 Right of Setoff
	  	 	228219	 
	 Section 10.09.
	 	 Interest Rate Limitation
	  	 	229219	 
	 Section 10.10.
	 	 Counterparts; Integration; Effectiveness
	  	 	229220	 
	 Section 10.11.
	 	 Survival of Representations and Warranties
	  	 	230220	 
	 Section 10.12.
	 	 Severability
	  	 	230220	 
	 Section 10.13.
	 	 Replacement of Lenders
	  	 	230221	 
	 Section 10.14.
	 	 Governing Law; Jurisdiction; Etc
	  	 	231221	 
	 Section 10.15.
	 	 Waiver of Jury Trial
	  	 	232222	 
	 Section 10.16.
	 	 No Advisory or Fiduciary Responsibility
	  	 	232223	 
	 Section 10.17. 
	 	 Electronic Execution of Assignments and Certain Other
Documents Electronic Records;
	  	 	233223	 
	 Section 10.18.
	 	 USA PATRIOT Act
	  	 	233	 
	
Section 
10.1910.18.
	 	 Judgment Currency
	  	 	234225	 
	
Section 
10.2010.19.
	 	 Entire Agreement
	  	 	234225	 
	
Section 
10.2110.20.
	 	 Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions
	  	 	234225	 

  
 iv 

							
	
Section 
10.2210.21.
	 	 Cashless Rollovers
	  	 	235226	 
	
Section 
10.2310.22.
	 	 Amendment and Restatement; No Novation
	  	 	235226	 
	 Section 10.23.
	 	 Acknowledgement
Regarding Any Supported QFCs
	  	 	226	 
	
	ARTICLE 11	  

	GUARANTY	  

			
	 Section 11.01.
	 	 Guaranty of the Obligations
	  	 	235227	 
	 Section 11.02.
	 	 Contribution by Guarantors
	  	 	236227	 
	 Section 11.03.
	 	 Payment by Guarantors
	  	 	236228	 
	 Section 11.04.
	 	 Liability of Guarantors Absolute
	  	 	237228	 
	 Section 11.05.
	 	 Waivers by Guarantors
	  	 	239230	 
	 Section 11.06.
	 	 Guarantors’ Rights of Subrogation, Contribution, Etc
	  	 	240230	 
	 Section 11.07.
	 	 Subordination of Other Obligations
	  	 	240231	 
	 Section 11.08.
	 	 Continuing Guaranty
	  	 	241231	 
	 Section 11.09.
	 	 Authority of Guarantors or Borrowers
	  	 	241231	 
	 Section 11.10.
	 	 Financial Condition of Loan Parties
	  	 	241231	 
	 Section 11.11.
	 	 Bankruptcy, Etc
	  	 	241232	 
	 Section 11.12.
	 	 Discharge of Guaranty Upon Sale of Guarantor
	  	 	242232	 
	 Section 11.13.
	 	 Keepwell
	  	 	242233	 

  
 v 

 SCHEDULES 
  

			
	 1.01(A)
	  	 Asset Sales

		
	 1.01(B)
	  	 Existing Letters of Credit

		
	 1.01(C)
	  	 [Reserved]

		
	 1.01(D)(1)
	  	 Immaterial Domestic Subsidiaries

		
	 1.01(D)(2)
	  	 Immaterial Subsidiaries

		
	 1.01(E)
	  	 [Reserved]

		
	 2.01
	  	 Commitments and Applicable Percentages

		
	 5.01
	  	 Jurisdictions of Organization

		
	 5.02
	  	 Equity Interests and Ownership

		
	 5.11
	  	 Adverse Proceedings

		
	 5.13(b)
	  	 Real Estate Assets

		
	 5.13(c)
	  	 Intellectual Property Litigation

		
	 5.16
	  	 Material Contracts

		
	 5.24
	  	 Compliance with Statutes

		
	 6.12(c)
	  	 Post-Closing Actions

		
	 7.01
	  	 Existing Indebtedness

		
	 7.02
	  	 Existing Liens

		
	 7.03
	  	 Negative Pledges

		
	 7.04
	  	 Certain Restricted Payments

		
	 7.05
	  	 Certain Restrictions on Subsidiary Distributions

		
	 7.06(k)
	  	 Certain Investments

		
	 7.09
	  	 Sale and Leasebacks

		
	 7.10
	  	 Certain Affiliate Transactions

		
	 10.02
	  	 Administrative Agent’s Office; Certain Addresses for Notices

  
 vi 

 EXHIBITS 
  

			
	 A
	  	 Form of Committed Loan Notice

		
	 B
	  	 Form of Swing Line Loan Notice

		
	 C-1.1
	  	 Form of Multicurrency Revolving Credit Note (Company)

		
	 C-1.2
	  	 Form of Multicurrency Revolving Credit Note (U.K. Borrower)

		
	 C-1.3
	  	 Form of Multicurrency Revolving Credit Note (Designated Borrower)

		
	 C-2.1
	  	 Form of Swing Line Note (Company)

		
	 C-2.2
	  	 Form of Swing Line Note (U.K. Borrower)

		
	 C-2.3
	  	 Form of Swing Line Note (Designated Borrower)

		
	 C-3
	  	 Form of Term Note

		
	 C-4.1
	  	 Form of USD Revolving Credit Note (Company)

		
	 C-4.2
	  	 Form of USD Revolving Credit Note (U.K. Borrower)

		
	 C-4.3
	  	 Form of USD Revolving Credit Note (Designated Borrower)

		
	 D
	  	 Form of Compliance Certificate

		
	 E-1
	  	 Form of Assignment and Assumption

		
	 E-2
	  	 Form of Administrative Questionnaire

		
	 F
	  	 Form of Notice of Loan Prepayment

		
	 G
	  	 Counterpart Agreement

		
	 H
	  	 Form of Designated Borrower Request and Assumption Agreement

		
	 I
	  	 Form of Designated Borrower Notice

		
	 J
	  	 Pledge and Security Agreement

		
	 K
	  	 Form of U.S. Tax Compliance Certificate

		
	 L
	  	 Form of Joinder Agreement

		
	 M
	  	 Form of Solvency Certificate

		
	 N
	  	 Form of Letter of Credit Report

  
 vii 

 AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT 

This AMENDED AND RESTATED CREDIT AND GUARANTY AGREEMENT (this “Agreement”) originally dated as of May 29, 2015 and
amended and restated as of October 3, 2017 among HOLOGIC, INC., a Delaware corporation (the “Company”), HOLOGIC GGO 4 LTD (the “U.K. Borrower”, and together with the Company, the “Initial
Borrowers”), HOLOGIC UK FINANCE LTD and certain other Subsidiaries of the Company party hereto pursuant to Section 2.14 (each a “Designated Borrower” and, together with the Initial Borrowers, the
“Borrowers” and, each a “Borrower”), the Guarantors from time to time party hereto, each lender from time to time party hereto (collectively, the “Lenders” and individually, each a
“Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 
 WHEREAS, the Company,
the U.K. Borrower, the Designated Borrowers, the Guarantors and the Administrative Agent are party to the Original Credit Agreement (such terms and other capitalized terms used in these preliminary statements being defined in Section 1.01
hereof), together with the lenders party thereto, which became effective as of May 29, 2015; 
 WHEREAS, the Company desires to obtain
2017 Refinancing Term Loans, the proceeds of which will be used on the Restatement Date to prepay in full all of the Existing Term A Loans outstanding immediately prior to the effectiveness of this Agreement; 

WHEREAS, the Company desires to obtain (a) 2017 Incremental Term Loans on the Restatement Date, the proceeds of which will be used to pay
Convertible Note Repayment Obligations, purchase, repurchase or redeem Convertible Notes pursuant to Section 7.04(c)(y), to fund the Convertible Note Repayment Reserve as permitted hereunder, and for working capital and all other general
corporate purposes and (b) commitments under the 2017 Revolving Credit Facility; 
 WHEREAS, the 2017 Refinancing Term Loans and the
2017 Incremental Term Loans will, when taken together, comprise a single Class of Term Loans under this Agreement, having identical terms; and 

WHEREAS, pursuant to the terms of this Amended and Restated Credit and Guaranty Agreement and upon satisfaction of the conditions set forth
herein, the Original Credit Agreement is being amended and restated in the form of this Agreement, effective as of the Restatement Date. 

In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

ARTICLE 1 
 DEFINITIONS AND
ACCOUNTING TERMS 
 Section 1.01.     Defined Terms. As used in this Agreement, the following terms shall
have the meanings set forth below: 
 “2017 Incremental Term Commitment” means, as to any 2017 Incremental Term Lender, its
obligation to make 2017 Incremental Term Loans to the Company on the Restatement Date pursuant to Section 2.01(a) in the amount set forth opposite such 2017 Incremental Term Lender’s name on Schedule 2.01. 

 “2017 Incremental Term Lender” means any Lender with a 2017 Incremental
Term Commitment. 
 “2017 Incremental Term Loan” means the Incremental Term Loans made to the Company on the Restatement
Date pursuant to Section 2.01(a). 
 “2017 Notes” means unsecured Indebtedness of the Company in the form of
notes; provided that such unsecured Indebtedness (1) matures after, and does not require any scheduled amortization or scheduled or mandatory payments of principal prior to, the date which is at least 120 days after the latest maturity
date of the Term Loans (it being understood that such Indebtedness may have mandatory prepayment, repurchase or redemption provisions satisfying the requirement of clause (2) of this definition), (2) has terms and conditions (other than
interest rates, fees, funding discounts, redemption premiums or other premiums, optional redemption or prepayment provisions and, to the extent customary, subordination terms),
that are not materially
more favorable, taken as a whole, that are not materially less favorable to the
Companyinvestors
 than the terms and conditions for the existing Senior Notes, as determined in good faith by the Company and (3) shall not be guaranteed by any Subsidiaries other than Subsidiaries that are
Guarantors and the terms of such guarantee shall not be
nomaterially
 more favorable, taken as a
whole, to the secured
partiesinvestors in respect of such Indebtedness
than the terms of the Guaranty, taken as a whole, as determined in good faith by the Company. 
 “2017 Refinancing Term
Commitment” means, as to any 2017 Refinancing Term Lender, its obligation to make 2017 Refinancing Term Loans to the Company on the Restatement Date pursuant to Section 2.01(a) in the amount set forth opposite such 2017 Refinancing
Term Lender’s name on Schedule 2.01. 
 “2017 Refinancing Term Lender” means any Lender with a 2017 Refinancing Term
Commitment. 
 “2017 Refinancing Term Loan” means the Refinancing Term Loans made to the Company on the Restatement Date
pursuant to Section 2.01(a). 
 “2017 Revolving Credit Facility” means the Revolving Credit Facility established on
the Restatement Date. 
 “2017 Term Facility” means the facility established on the Restatement Date with respect to the
2017 Term Loans. 
 “2017 Term Loans” means the 2017 Incremental Term Loans and the 2017 Refinancing Term Loans. 

“2018 Refinancing Term Commitment” means, as to any 2018 Refinancing Term Lender, its obligation to make 2018 Refinancing
Term Loans to the Company on the First Amendment Effective Date pursuant to Section 2.01(a) in the amount set forth opposite such 2018 Refinancing Term Lender’s name on Schedule 2.01. 

“2018 Refinancing Term Lender” means any Lender with a 2018 Refinancing Term Commitment. 

“2018 Refinancing Term Loans” means the Term Loans made to the Company on the First Amendment Effective Date pursuant to
Section 2.01(a). 

  
 2 

 “2018 Revolving Credit Facility” means the Revolving Credit Facility
established on the First Amendment Effective Date. 
 “2018 Term Facility” means the term loan facility established on the
First Amendment Effective Date with respect to the 2018 Refinancing Term Loans. 
 “2021
 Refinancing Revolving Credit Commitment” means, as to any 2021 Refinancing Revolving Credit Lender, its obligation to make 2021 Refinancing Revolving Credit Loans to
the Borrowers pursuant to Section 2.01(b) in the amount set forth opposite such 2021 Refinancing Revolving Credit Lender’s
 name on Schedule 2.01. 
 “2021
 Refinancing Revolving Credit Loans” means the
Revolving Credit
Loans made to the Borrowers pursuant to
Section 2.01(b).
 

“
2021 Refinancing Term Commitment” means,
 as to any 2021 Refinancing Term Lender, its obligation to make 2021 Refinancing Term Loans to the Company on the Second Amendment Effective Date pursuant to
Section 2.01(a)
 in the amount set forth opposite such 2021 Refinancing Term Lender’s name on Schedule 2.01. 

“
2021 Refinancing Term Lender” means
 any Lender with a 2021 Refinancing Term Commitment. 
 “2021
 Refinancing Term Loans” means the Term
Loans made to the Company
on the Second Amendment Effective Date pursuant to Section 2.01(a).
 

“
2021 Refinancing Revolving Credit Lender” means
 any Lender with a 2021 Refinancing Revolving Credit Commitment. 
 “2021
 Revolving Credit Facility” means
the Revolving Credit Facility established on the Second Amendment Effective Date. 

“
2021 Term Facility” means
 the term loan facility established on the Second Amendment Effective Date with respect to the 2021 Refinancing Term Loans. 

“Acquired Non-Investment-Grade Securities” means any and all investment securities
(including equity securities listed on a national securities exchange) acquired by the Company and/or any Subsidiary of the Company in any Permitted Acquisition, Prior Acquisition and/or any other acquisition that constitutes a permitted Investment
which are not Investment Grade Securities or securities issued by an Affiliate of such Subsidiary, a Subsidiary of Company or the Company, to the extent that such investment securities were owned by such Subsidiary at the time of such Permitted
Acquisition, Prior Acquisition and/or any other acquisition that constitutes a permitted Investment, as applicable, and were not acquired in contemplation thereof. 

“Additional Lender” has the meaning specified in Section 2.19. 

“Adjusted Consolidated Cash Interest Expense” means for any period, the Adjusted Consolidated Interest Expense for such
period, excluding any amount not payable in Cash, original issue discount and amortization and write-off of deferred financing fees and other imputed non-cash interest
charges relating to the Convertible Notes or any other Indebtedness now or hereafter outstanding. 

  
 3 

 “Adjusted Consolidated Interest Expense” means for any period and without
duplication, total interest expense in accordance with GAAP (including that portion attributable to Capital Leases in accordance with GAAP, capitalized interest, amortization and write-off of deferred
financing fees and amortization in relation to terminated Hedge Agreements) of the Company and its Subsidiaries on a consolidated basis with respect to all outstanding Indebtedness of the Company and its Subsidiaries, including all commissions,
discounts and other fees and charges owed with respect to letters of credit, net costs under Interest Rate Agreements, capitalized interest and the interest component of all Attributable Receivables Indebtedness. 

“Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any
successor administrative agent. 
 “Administrative Agent’s Office” means, with respect to any currency, the
Administrative Agent’s address and, as appropriate, account as set forth on Schedule 10.02 with respect to such currency, or such other address or account with respect to such currency as the Administrative Agent may from time to time notify
the Company and the Lenders. 
 “Administrative Questionnaire” means an Administrative Questionnaire in substantially the
form of Exhibit E-2 or any other form approved by the Administrative Agent. 
 “Adverse
Proceeding” means any action, suit, proceeding, hearing (in each case, whether administrative, judicial or otherwise), governmental investigation or arbitration (whether or not purportedly on behalf of the Company or any of its
Subsidiaries) at law or in equity, or before or by any Governmental Authority, domestic or foreign (including any Environmental Claims), whether pending or, to the knowledge of any Responsible Officer of the Company or any of its Subsidiaries,
threatened against or affecting the Company or any of its Subsidiaries or any property of the Company or any of its Subsidiaries. 
 “Affected
 Financial
Institution”
 means
(a) any
 EEA Financial Institution or (b) any UK Financial Institution. 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Agent” means each of
the Administrative Agent, the Co-Syndication Agents, the Collateral Agent, the Arrangers, the Co-Documentation Agents and any other Person appointed under the Loan
Documents to serve in an agent or similar capacity. 
 “Agent Parties” has the meaning specified in Section 10.02(c).

 “Aggregate Commitments” means the Commitments of all the Lenders. 

“Aggregate Multicurrency Revolving Commitments” means the Multicurrency Revolving Credit Commitments of all the Multicurrency
Revolving Credit Lenders. 
 “Aggregate Payments” has the meaning specified in Section 11.02. 

“Aggregate Revolving Commitments” means, collectively, the Aggregate Multicurrency Revolving Commitments and the Aggregate
USD Revolving Commitments. 

  
 4 

 “Aggregate USD Revolving Commitments” means the USD Revolving Credit
Commitments of all the USD Revolving Credit Lenders. 

“
Agreed Currency” means
 Dollars or any Alternative Currency, as applicable. 

“Agreement” means the Original Credit Agreement as amended and restated by this Amended and Restated Credit and Guaranty
Agreement. 
 “Agreement Currency” has the meaning specified in Section 10.19. 

“Alternative Currency” means each of the following currencies: Euro, Sterling and each other currency (other than Dollars)
that is approved in accordance with Section 1.06. 

“
Alternative Currency Daily Rate” means,
 for any day, with respect to any Credit Extension:

(a)
     denominated in Sterling, the rate per annum equal to SONIA determined pursuant to the definition thereof plus the SONIA
Adjustment; and 
 (b)    denominated
 in any other Alternative Currency (other than Euros) (to the extent such Loans denominated in such currency will bear interest at a daily rate), the daily
rate per annum as designated with respect to such Alternative Currency at the time such Alternative Currency
is approved by the Administrative Agent and the relevant Lenders pursuant to Section 1.06(a)
 plus the adjustment (if any) determined by the Administrative Agent and the relevant Lenders pursuant to
Section 1.06(a); 

provided, that, if any Alternative Currency Daily Rate shall be less than zero, such rate shall be deemed zero for purposes of this
Agreement. Any change in an Alternative Currency Daily Rate shall be effective from and including the date
of such change without further notice. 

“
Alternative Currency Daily Rate Loan” means
 a
Multicurrency Revolving Credit Loan
that bears interest at a rate based on the definition of “Alternative
 Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency. 

“Alternative Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent
amount thereof in the applicable Alternative Currency as calculated by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the then-most recent Revaluation Date) for
the purchase of such Alternative Currency with Dollars. 

“
Alternative Currency Loan” means
 an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable. 

“Alternative Currency Sublimit” means an amount equal to the lesser of the Aggregate Multicurrency Revolving Commitments and
$300,000,000500,000,000
. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Multicurrency Revolving Commitments. 

  
 5 

“
Alternative Currency Term Rate” means,
 for any Interest Period, with respect to any Credit Extension:  

(a)
    denominated in Euros, the rate per annum equal to the Euro Interbank Offered Rate
(“EURIBOR
”)
, as published on the applicable Reuters screen page (or such other commercially available source providing
such quotations as may be designated by the Administrative Agent from time to time) on the day that is two
TARGET Days preceding the first day of such Interest Period with a term equivalent to such Interest
Period; and 

(b)
    denominated in any other Alternative Currency (other than Sterling) (to the extent such Loans denominated in such currency
will bear interest at a term rate), the term rate per annum as designated with respect to such Alternative Currency at the time such Alternative Currency is approved by the Administrative Agent and the relevant Lenders pursuant to Section 1.06(a)
 plus the adjustment (if any) determined by the Administrative Agent and the relevant Lenders pursuant to
Section 1.06(a);
 

provided, that, if any Alternative Currency Term Rate shall be less than zero, such rate shall be deemed zero for purposes of this
Agreement. Any change in an Alternative Currency Term Rate shall be effective from and including the date of
such change without further notice. 

“
Alternative Currency Term Rate Loan” means
 a
Multicurrency Revolving Credit Loan that
 bears interest at a rate based on the definition of “Alternative Currency Term
Rate.” All
 Alternative Currency Term Rate Loans must be denominated in an Alternative Currency. 

“Applicable Foreign Obligor Documents” has the meaning specified in Section 5.30. 

“Applicable Percentage” means (a) in respect of the Term Facility, with respect to any Term Lender at any time, the
percentage (carried out to the ninth decimal place) of the Term Facility represented by such Term Lender’s outstanding Term Loans at such time, (b) in respect of the Multicurrency Revolving Credit Facility, with respect to any
Multicurrency Revolving Credit Lender at any time, the percentage (carried out to the ninth decimal place) of the Multicurrency Revolving Credit Facility represented by such Multicurrency Revolving Credit Lender’s Multicurrency Revolving Credit
Commitment at such time, subject to adjustment as provided in Section 2.18 and (c) in respect of the USD Revolving Credit Facility, with respect to any USD Revolving Credit Lender at any time, the percentage (carried out to the ninth
decimal place) of the USD Revolving Credit Facility represented by such USD Revolving Credit Lender’s USD Revolving Credit Commitment at such time, subject to adjustment as provided in Section 2.18. If the Commitment of each Revolving
Credit Lender to make Revolving Credit Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 8.02 or if the Aggregate Revolving Commitments have expired, then the Applicable Percentage
of each Revolving Credit Lender in respect of the applicable Revolving Credit Facility shall be determined based on the Applicable Percentage of such Revolving Credit Lender then-most recently in effect, after giving effect to any subsequent
assignments. The initial Applicable Percentage of each Lender in respect of each Facility is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as
applicable. 
 “Applicable Rate” means, from time to time, in respect of the Term Facility, the Revolving Credit Facility
and the Commitment Fee, (i) from the
FirstSecond
 Amendment Effective Date to the date on which the Administrative Agent receives a Compliance Certificate pursuant to Section 6.01(c) for the Fiscal Quarter ending December 3024,
20182021
, a percentage per annum determined by reference to Pricing Level 3 set forth below and (ii) thereafter, the applicable percentage per annum set forth below determined by reference to the

  
 6 

 
Total Net Leverage Ratio as set forth in the then-most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.01(c): 

 

									
	 Pricing
 Level
	  	 Total Net

Leverage
 Ratio
	  	Applicable Rate for
Eurocurrency 
Rate Loans/
Alternative Currency Term
Rate 
Loans /Alternative
Currency Daily Rate 
Loans/
LIBOR Daily Floating Rate
Loans /
Letter of Credit Fees	  	Applicable
Rate for
Base Rate
Loans	  	Commitment
Fee
	 1
	  	3
4.25> 3.00:1.00	  	1.751.25%	  	0.750.25%	  	0.250.20%
	 2
	  	£ 4.253.00:1.00
3 3.503 2.00:1.00	  	1.501.125%	  	0.500.125%	  	0.2250.15%
	3	  	£
3.50:1.00 3 2.50:1.00	  	1.375%	  	0.375%	  	0.20%
	4	  	£
2.50:1.00 3 2.00:1.00	  	1.25%	  	0.25%	  	0.20%
	
53

	  	£ 2.00:1.00	  	1.00%	  	0.00%	  	0.15%

 Any increase or decrease in the Applicable Rate resulting from a change in the Total Net Leverage Ratio shall become effective
as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.01(c); provided, however, that if a Compliance Certificate is not delivered when due in accordance with such
Section, then Pricing Level 1 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered and shall remain in effect until the date on which such Compliance Certificate is
delivered. 
 Notwithstanding anything to the contrary contained in this definition, the determination of the Applicable Rate for any period
shall be subject to the provisions of Section 2.10(b). 

“Applicable
Period” has the meaning specified in
the term “Applicable Rate.” 

“Applicable Revolving Credit Percentage” means (a) with respect to any Multicurrency Revolving Credit Lender at any
time, such Multicurrency Revolving Credit Lender’s Applicable Percentage in respect of the Multicurrency Revolving Credit Facility at such time and (b) with respect to any USD Revolving Credit Lender at any time, such USD Revolving Credit
Lender’s Applicable Percentage in respect of the USD Revolving Credit Facility at such time. 
 “Applicable Time”
means, with respect to any borrowings and payments in any Alternative Currency, the local time in the place of settlement for such Alternative Currency as may be determined by the Administrative Agent or the L/C Issuer, as the case may be, to be
necessary for timely settlement on the relevant date in accordance with normal banking procedures in the place of payment. 

  
 7 

 “Applicant Borrower” has the meaning specified in Section 2.14(a).

 “Appropriate Lender” means, at any time, (a) with respect to the Term Facility or the Revolving Credit Facility, a
Lender that has a Commitment with respect to such Facility or holds a Term Loan or a Revolving Credit Loan, respectively, at such time, (b) with respect to the Letter of Credit Sublimit, (i) the L/C Issuer, (ii) if any Multicurrency
Letters of Credit have been issued pursuant to Section 2.03, the Multicurrency Revolving Credit Lenders and (iii) if any USD Letters of Credit have been issued pursuant to Section 2.03, the USD Revolving Credit Lenders and
(c) with respect to the Swing Line Sublimit, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding pursuant to Section 2.04(a), the USD Revolving Credit Lenders. 

“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. 
 “Arrangers” means (i) with
respect to the Term Facility and the Revolving Credit Facilities established on the Closing Date, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and TheMUFG Bank of
Tokyo-Mitsubishi UFJ, Ltd., in their capacities as joint lead arrangers and joint bookrunners, (ii) with respect to the 2017 Term Facility and the 2017 Revolving Credit Facilities,
Merrill Lynch, Pierce, Fenner & Smith Incorporated in its capacity as sole lead arranger and sole bookrunner and (iii) with respect to the 2018 Refinancing Term Facility and the
2018 Revolving Credit Facilities, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Bank, National Association, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and TheMUFG Bank of
Tokyo-Mitsubishi UFJ, Ltd., in their capacities as joint lead arrangers and joint
bookrunners.
and
(iv) with
 respect to the 2021 Term Facility and the 2021 Revolving Credit Facility, BofA Securities,
 Inc., Wells Fargo Bank, National Association, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., MUFG Bank, Ltd. and Citibank,
N.A., in their capacities as joint lead arrangers and joint bookrunners.
 
 “Asset Sale” means a sale or lease (as lessor), sale and
leaseback, assignment, conveyance, exclusive license (as licensor), transfer or other Disposition to, or any exchange of property with, any Person (other than the Company or any Subsidiary Guarantor), in one transaction or a series of transactions,
of all or any part of the Company’s or any of its Subsidiaries’ businesses, assets or properties of any kind, whether real, personal, or mixed and whether tangible or intangible, whether now owned or hereafter acquired, created, leased or
licensed, including the Equity Interests of any of the Company’s Subsidiaries (but, for the avoidance of doubt, not including the issuance by the Company or any Subsidiary of Equity Interests), other than (i) inventory (or other tangible
or intangible assets) sold, assigned, leased or licensed out in the ordinary course of business to the extent not otherwise prohibited hereunder, (ii) any Disposition to effect or in furtherance of the Reorganization, (iii) the
transactions listed on Schedule 1.01(A), (iv) Permitted Licenses, (vi) the sale or other Disposition of Investment Grade Securities and Cash Equivalents in exchange for Cash, (vii) the sale, assignment, lease or license of any Discontinued
Real Property, (viii) the surrender or waiver of contract rights on the settlement, release or surrender of contract, tort or other claims and (ix) the sale or other Disposition of a Securitization Intercompany Note in connection with a
Qualified Intercompany Note Transaction. 
 “Assignment and Assumption” means an assignment and assumption entered into by
a Lender and an Eligible Assignee (with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E-1 or any
other form (including electronic documentation generated by use of an electronic platform) approved by the Administrative Agent. 

  
 8 

“
ASU” means
 Accounting Standards Updates issued by the Financial Accounting Standards Board from time to time.  

“Attributable Receivables Indebtedness” at any time means the principal amount of Indebtedness which (i) if a Qualified
Receivables Transaction is structured as a secured lending agreement, constitutes the principal amount of such Indebtedness or (ii) if a Qualified Receivables Transaction is structured as a purchase agreement, would be outstanding at such time
under the Qualified Receivables Transaction if the same were structured as a secured lending agreement rather than a purchase agreement. 

“Audited Financial Statements” means the audited consolidated balance sheet of the Company and its Subsidiaries for the
Fiscal Year ended September 24, 2016, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such Fiscal Year of the Company and its Subsidiaries, including the notes thereto. 

“Auto-Extension Letter of Credit” has the meaning specified in Section 2.03(b). 

“Auto-Reinstatement Letter of Credit” has the meaning specified in Section 2.03(b). 

“
Available Amount” means,
 with respect to any Fiscal Year, the greater of (i) $500,000,000 and
(ii) the
 sum of (x) $250,000,000, plus (y) 16.67% of Consolidated Adjusted EBITDA for the period of four (4)
 Fiscal Quarters ending on the last day of the most recent Fiscal Year for which financial statements are available. For the avoidance of doubt, the Available Amount resets
and is otherwise replenished each Fiscal Year. 
 “Available
 Tenor” means
, as of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if
 the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or
(y) otherwise,
 any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date excluding, for the avoidance of doubt, any tenor for such Benchmark that is then removed from the definition of
“Interest
 Period” pursuant
 to
Section 3.03(c).
 

“Available
Amount” means, on any date (the
“Available Amount
Reference Time”), the sum
of: 
 (a) $200,000,000, plus 

(b) the Available ECF Amount, plus  

(c) the amount of any Net Equity Proceeds from any issuance
of Equity Interests received by or made to the Company (or any direct or indirect parent thereof and contributed by such parent to the Company) during the period commencing on the first day of the Fiscal Year ending in September 2018 through and
including the Available Amount Reference Time, in each case, to the extent that such Equity Issuance is not prohibited hereunder, plus 

  
 9 

 (d) to the
extent not (i) already included in the
calculation of Consolidated Net Income of the Company and its Subsidiaries or (ii) already reflected as a return of capital, repayment of principal, or deemed reduction in the amount of such Investment pursuant to clause (e) below or any other provision of Section 7.06, the aggregate amount of all cash dividends, profits, returns,
repayment of principal, cash distributions, or similar other amounts received by the Company or any Subsidiary from any Investment pursuant to
Section 7.06 during the period commencing on the
first day of the Fiscal Year ending in September 2018 through and including the Available Amount Reference Time, minus 

(e) the aggregate amount of any Restricted Junior Payment
made from the Available Amount pursuant to
Section 7.04(k), in each case, during the period
commencing on the first day of the Fiscal Year ending in September 2018 through and including the Available Amount Reference Time. 

“Available ECF
Amount” means, on any date, an amount
determined on a cumulative basis equal to Consolidated Excess Cash Flow for each Fiscal Year of the Company commencing with the Fiscal Year ending in September 2018. 

“Availability Period” means, in respect of a Class of the Revolving Credit Facility, the period from and including the
Closing Date to the earliest of (a) the Maturity Date for such Class of the Revolving Credit Facility, (b) the date of termination of the Revolving Credit Commitments of such Class pursuant to Section 2.05, and (c) the
date of termination of the commitment of each Revolving Credit Lender of such Class to make Revolving Credit Loans of such Class and of the obligation of the L/C Issuer to make L/C Credit Extensions of such Class pursuant to
Section 8.02. 
 “Bail-In Action” means the exercise of any Write-Down and
Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEAAffected Financial Institution. 
 “Bail-In
Legislation” means, (a) with respect to any EEA Member
Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing
law, rule, regulation or requirement for such EEA Member
Country from time to time which is described in the EU Bail-In Legislation Schedule., and
(b) with
 respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment
firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). 

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

“Base Indenture” means that certain Indenture dated as of December 10, 2007 by and between Wilmington Trust Company, as
trustee, and the Company. 
 “Base Rate” means for any day a fluctuating rate per annum equal to the highest of
(a) the Federal Funds Rate plus 1/2 of 1%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate,” and (c) the Eurocurrency Rate plus 1.00%; and if the Base
Rate shall be less than zero, such rate shall be deemed zero for 

  
 10 

 
purposes of this Agreement. The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic
conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime rate announced by Bank of America shall take effect at the opening of
business on the day specified in the public announcement of such change. 
 “Base Rate Loan” means a Revolving Credit Loan
or a Term Loan that bears interest based on the Base Rate. All Base Rate Loans shall be denominated in Dollars. 
 “Benchmark
” means,
 initially, LIBOR; provided that if a replacement of the Benchmark has occurred pursuant to Section 3.03(d)
 then
“Benchmark
” means
 the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate. Any reference to
“Benchmark
” shall
 include, as applicable, the published component used in the calculation thereof. 

“
Benchmark Replacement” means:
 

(a)
    For purposes of Section 3.03(d
)(i
), the first alternative set forth below that can be determined by the Administrative Agent: 

(i)
     the sum of: (i)
 Term
 SOFR and (ii) 0.11448% (11.448 basis points) for an Available Tenor of
one-month’s duration, 0.26161% (26.161 basis points) for an Available Tenor of three-months’ duration,
 0.42826% (42.826 basis points) for an Available Tenor of
six-months’ duration, and 0.71513% (71.513 basis points) for an Available Tenor of twelve-months’ duration,
 or 

(ii)
    the sum of:
(i)
 Daily
 Simple SOFR and
(ii) the
 spread adjustment which is 0.11448% (11.448 basis points); 
 provided that,
(x) if
 initially LIBOR is replaced with the rate contained in clause (ii) above (Daily Simple SOFR plus the applicable spread adjustment) and subsequent to such replacement, the Administrative
Agent determines that Term SOFR has become available and is administratively feasible for the Administrative Agent in its sole discretion or
(y) if
 initially LIBOR is replaced with the rate contained in clause (i)
 above (Term SOFR plus the applicable spread adjustment) and concurrent with or
subsequent to such replacement, the Administrative Agent determines that Daily Simple SOFR has become
available and is administratively feasible for the Administrative Agent in its sole discretion, then the
Administrative Agent shall promptly notify the Borrower and each Lender of such availability, and, in either
case, from and after the beginning of the Interest Period, relevant interest payment date or payment period
for interest calculated, in each case, commencing no less than thirty (30) days after the date of such notice, the Benchmark Replacement shall include both of the rates as set forth in clause
(i)
 and
 (ii) above, which may be selected by the Borrower with respect to each applicable Borrowing in accordance
with the terms
hereof; and
  

(b) For
purposes of
Section 3.03(d)(ii),
 the sum of
(a) the
 alternate benchmark rate and (b) an adjustment (which may be a positive or negative value or zero), in each case, that has been selected by the
Administrative Agent and the Borrower as the replacement Benchmark giving due consideration to any evolving or then-prevailing market convention, including any applicable recommendations made by a Relevant Governmental Body, for U.S.
dollar-denominated syndicated credit facilities at such time;  

  
 11 

provided that, if the Benchmark Replacement as determined pursuant to clause (a) or
 (b) above would be less than zero, the Benchmark Replacement will be deemed to be zero for the purposes of this Agreement
and the other Loan Documents. 

Any
Benchmark Replacement
shall be applied in a manner consistent with market practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such Benchmark Replacement
shall be applied in a manner as otherwise reasonably determined by the Administrative Agent (after consulting with the
Company). 

“
Benchmark Replacement Conforming Changes” means,
 with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of
“Base
 Rate,” the
 definition of
“Business
 Day,” the
 definition of
“Interest
 Period,” timing
 and frequency of determining rates and making payments of interest, timing of borrowing requests or
prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides (after
consulting with the Company) may be appropriate to reflect the adoption and implementation of such Benchmark Replacement (including the availability of both Term SOFR and Daily Simple SOFR as set forth in
the definition thereof) and to permit the administration thereof by the Administrative Agent in a
manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption
of any portion of such market practice is not administratively feasible or if the Administrative Agent determines (after consulting with the Company) that no market practice for the administration of such Benchmark Replacement exists, in such other
manner of administration as the Administrative Agent decides (after consulting with the Company) is reasonably necessary in connection with the administration of this
Agreement and the other Loan Documents). 

“
Benchmark Transition Event” means,
 with respect to any then-current Benchmark other than LIBOR, the occurrence of a public statement or publication of information by or on behalf of the administrator of the then-current Benchmark or a Governmental authority with jurisdiction over
such administrator announcing or stating that all Available Tenors are or will no longer be representative,
or made available, or used for determining the interest rate of loans, or shall or will otherwise cease,
provided that, at the time of such statement or publication, there is no successor administrator that is satisfactory
to the Administrative Agent, that will continue to provide any representative tenors of such Benchmark after such specific date.
 
 “Beneficial Ownership Regulation” means 31 C.F.R. §
1010.230. 

“
BHC Act Affiliate” of
 a party means an
“affiliate
” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. 
 “Board of Directors” shall mean, as to any Person, the board of directors or
managers, as applicable, or other governing body of such Person, or if such person is managed by a single entity, the board of directors or managers, as applicable, or other governing body of such entity. 

“Borrower” and “Borrowers” each has the meaning specified in the introductory paragraph hereto. 

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

  
 12 

 “Business Day” means any day other than a Saturday, Sunday or other day on
which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office with respect to Loan Document Obligations denominated in Dollars is located and: 

(a)
    (a) if such day relates to any interest rate settings as to a Eurocurrency Rate Loan or a LIBOR Daily Floating Rate
Loan denominated in
Dollars, any fundings, disbursements, settlements and payments in Dollars in respect of any such Eurocurrency Rate Loan or LIBOR Daily Floating
Rate Loan, or any other dealings in Dollars to be carried out pursuant to this Agreement in respect of any such Eurocurrency Rate Loan or LIBOR Daily Floating Rate Loan, means any such day that is also a London Banking Day;

(b)
    (b) if such day relates to any interest rate settings as to
a Eurocurrency Ratean
Alternative Currency Loan denominated in Euro, any fundings, disbursements, settlements and payments in Euro in respect of any such
Eurocurrency
RateAlternative Currency Loan, or any other
dealings in Euro to be carried out pursuant to this Agreement in respect of any such Eurocurrency RateAlternative Currency Loan, means a Business Day that is also a TARGET Day;

(c)
    (c) if such day relates to any interest rate settings as to
a Eurocurrency Ratean
Alternative Currency Loan denominated in a currency other than Dollars or Euro, means any such day on which dealings in
deposits in the relevant currency are conducted by and between banks in the London or other applicable offshore interbank market for such currency;
andSterling, means a day other than a day banks are closed for general business in London
because such day is a Saturday, Sunday or a legal holiday under the laws of the United Kingdom; and 

(d)
    (d) if such day relates to any fundings, disbursements, settlements and payments in a currency other than Dollars or Euro in respect of a
Eurocurrency Ratean Alternative Currency
Loan denominated in a currency other than Dollars or Euro or Sterling, or any other dealings in any currency other than Dollars or Euro
or Sterling to be carried out pursuant to this Agreement in
respect of any such Eurocurrency
RateAlternative Currency Loan (other than
any interest rate settings), means any such day on which banks are open for foreign exchange business in the principal financial center of the country of such currency. 

“Capital Lease” means, as applied to any Person, any lease of any property (whether real, personal or 
mixed)Property by that Person as lessee that, in
conformity with GAAP, is or should be accounted for as a
capitalfinance
 lease on the balance sheet of that Person. 
 “Cash” means money,
currency or a credit balance in any demand or Deposit Account. 
 “Cash Collateralize” means to pledge and deposit
with or deliver to the Administrative Agent, for the benefit of one or more of the L/C Issuer or Swing Line Lender (as applicable) and the Lenders, as collateral for L/C Obligations, Obligations in respect of Swing Line Loans, or obligations of the
Lenders to fund participations in respect thereof, cash or deposit account balances or, at the request of the Company, if the Administrative Agent, the L/C Issuer or the Swing Line Lender shall agree in their sole discretion, other credit support,
in each case pursuant 

  
 13 

 
to documentation in form and substance satisfactory to the Administrative Agent, the L/C Issuer or the Swing Line Lender (as applicable). “Cash Collateral” shall have a meaning
correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support. 
 “Cash
Equivalents” means, as at any date of determination, any of the following: (i) marketable securities (a) issued or directly and unconditionally guaranteed as to interest and principal by the United States government,
(b) issued by any agency of the United States the obligations of which are backed by the full faith and credit of the United States, or (c) issued or directly and unconditionally guaranteed as to interest and principal by any country which
is a member of the Organization for Economic Cooperation and Development (the “OECD”), in each case maturing within one year after such date of determination; (ii) marketable direct obligations issued by any state of the United
States or any political subdivision of any such state or any public instrumentality thereof, in each case maturing within one year after such date of determination and having, at the time of the acquisition thereof, a rating of at least A 1 from
S&P or at least P-1 from Moody’s; (iii) (a) commercial paper maturing no more than one year from such date of determination and having, at the time of the acquisition thereof, a rating of at
least A-1 from S&P or at least P-1 from Moody’s and (b) securities commonly known as “short-term bank notes” issued by any Lender and having, at
the time of the acquisition thereof, a rating of at least A-2 from S&P or at least P-2 from Moody’s; (iv) demand deposits, certificates of deposit,
bankers’ acceptances and/or time deposits maturing within one year after such date of determination and issued or accepted by any Lender or by (a) any commercial bank organized under the laws of the United States or any state thereof or
the District of Columbia or Canada that has total assets of not less than $1,000,000,000 or (b) a commercial bank organized under the laws of any other country which is a member of the OECD, or a political subdivision of such country, and
having total assets of not less than $1,000,000,000, provided that such bank is acting through a branch or agency located in the country in which is organized or another country which is a member of the OECD; (v) taxable or tax-exempt securities which at the time of purchase have been rated and the ratings for which are not less than A 3 if rated by Moody’s, and not less than A- if rated by
S&P, (vi) shares of any money market mutual fund or similar fund that is primarily invested in some combination of the types of investments referred to in clauses (i) through (v) above (though such mutual fund shall not be required to
maintain investments in each of such types of investments); and (vii) instruments equivalent to those referred to in clauses (i) to (vi) above denominated in Euros, Pounds Sterling, or any other major currency comparable in credit quality
and tenor to those referred to above and customarily used by corporations for cash management purposes in any jurisdiction outside the United States to the extent required or advisable in connection with any business conducted by the Company or any
Subsidiary organized or operating in such jurisdiction. 
 “Cash Management Agreements” means those agreements entered into
from time to time by the Company or its Subsidiaries with a Cash Management Provider in connection with the obtaining of any Cash Management Services. 

“Cash Management Obligations” means all obligations, liabilities, contingent reimbursement obligations, fees and expenses
owing by the Company or any of its Subsidiaries to any Cash Management Provider pursuant to or evidenced by the Cash Management Agreements and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due
or to become due, now existing or hereafter arising. 
 “Cash Management Provider” means any Lender or Affiliate of a
Lender which provides Cash Management Services to the Company or its Subsidiaries; provided that each such Affiliate shall appoint the Collateral Agent as its agent and agree to be bound by the Loan Documents as a Secured Party, subject to
Section 9.11. 

  
 14 

 “Cash Management Services” means any cash management, including controlled
disbursement, accounts, brokerage services, or related services (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) provided to the Company or any of its Subsidiaries by
a Cash Management Provider. 
 “CFC” means a Person that is a controlled foreign corporation under Section 957 of the
Code. 
 “Change in Law” means the occurrence, after the RestatementSecond Amendment
Effective Date, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the
administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental
Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith,
(y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities,
in each case pursuant to Basel III and (z) the CRD IV and any law or regulation which implements CRD IV in any jurisdiction, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued.

 “Change of Control” means, at any time, (i) any Person or “group” (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act) (a) shall have acquired beneficial ownership of 35% or more on a fully diluted basis of the total outstanding voting interest in
the Equity Interests of the Company or (b) shall have obtained the power (whether or not exercised) to elect a majority of the members of the Board of Directors (or similar governing body) of the Company; or (ii) the occurrence of a
“Change of Control” (or any comparable term) under, and as defined in, the documents evidencing any Indebtedness permitted pursuant to one or more of Sections 7.01(h), (j), (k), (o) or (p) in an aggregate principal amount of not less
than $100,000,000. 
 “Class” means (i) with respect to Lenders, each of the following classes of Lenders:
(a) Term Lenders, (b) Multicurrency Revolving Credit Lenders, (c) USD Revolving Credit Lenders (including the Swing Line Lender) and (d) New Term Loan Lenders; (ii) with respect to Loans, each of the following classes of
Loans: (a) Term Loans, (b) Multicurrency Revolving Credit Loans, (c) USD Revolving Credit Loans (including Swing Line Loans) and (d) each Series of New Term Loans; (iii) with respect to Commitments, each of the following
classes of Commitments: (a) Term Commitments, (b) Multicurrency Revolving Credit Commitments, (c) USD Revolving Credit Commitments and (d) New Term Loan Commitments and (iv) with respect to Facilities, each of the following
classes of Facilities: (a) the Term Facility, (b) the Multicurrency Revolving Credit Facility and (c) the USD Revolving Credit Facility. 

“Closing Date” means May 29, 2015. 

“Code” means the Internal Revenue Code of 1986, as amended. 

  
 15 

 “Co-Development Agreement” means an
agreement between the Company or any Subsidiary and a third party (excluding, for the avoidance of doubt, any joint venture or Subsidiary) which primarily relates to the co-development or joint development of
Intellectual Property, and which does not materially interfere with the conduct of the Company’s or any of its Subsidiaries’ business as conducted on the
RestatementSecond
Amendment Effective Date (or as permitted by Section 7.11) or materially detract from the value thereof. 

“Co-Documentation Agents” means (i) with respect to the Term Facility and the
Revolving Credit Facilities established on the Closing Date, DNB Bank ASA, New York, HSBC Bank USA, National Association and Sumitomo Mitsui Banking Corporation, in their capacities as documentation agents, (ii) with respect to the 2017 Term
Facility and the 2017 Revolving Credit Facilities, Morgan Stanley Senior Funding, Inc. and Wells Fargo Bank, National Association and, (iii) with respect to the 2018 Refinancing Term
Facility and the 2018 Revolving Credit Facilities, DNB Bank ASA, New York, HSBC Bank USA, National Association, Morgan Stanley Senior Funding, Inc., Sumitomo Mitsui Banking Corporation and Citigroup Global Markets Inc. and
(iv) with
 respect to the 2021 Term Facility and the 2021 Revolving Credit Facility, DNB Bank ASA, New York, Morgan Stanley Senior Funding, Inc. and Sumitomo Mitsui Banking Corporation. 

“Collateral” means all of the “Collateral” or other similar terms referred to in the Collateral Documents
and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Collateral Agent for the benefit of the Secured Parties. 

“Collateral Agent” means Bank of America, in its capacity as Collateral Agent under the Collateral Documents. 

“Collateral Documents” means the Pledge and Security Agreement, the Intellectual Property Security Agreements, and all other
instruments, documents and agreements delivered by any Loan Party pursuant to this Agreement or any of the other Loan Documents in order to grant to, or perfect in favor of, the Collateral Agent, for the benefit of the Secured Parties, a Lien on any
real, personal or mixed property of that Loan Party as security for the Obligations. 
 “Collateral
 Reinstatement Date” means the first date after any Collateral Release Date on which any of Moody’s,
 Fitch or S&P shall downgrade the corporate rating or corporate family rating of the Company below Baa3 by
Moody’s
 or BBB- by Fitch, Inc. or S&P. 
 “Collateral
 Release Date” means in each
case,the first
 date on which
(i)
 no
 Event of Default shall have occurred and be continuing, (ii) the Company shall have at least two of the three following corporate ratings or corporate family ratings, in each case,
with a stable (or better) outlook: at least Baa3 by Moody’s, at least BBB- by Fitch, Inc. and/or at least
BBB- by S&P and (iii) not including the Obligations secured by the Liens pursuant to the Loan Documents immediately before giving effect to the
applicable Collateral Release Date, the aggregate principal or face amount of (x) indebtedness
 for borrowed money secured by Liens on the Collateral and (y) Indebtedness subject to the Priority Debt Cap (other than Indebtedness under Sections 7.01(n)(ii), 7.01(q) and 7.01(z),
shall not exceed $300,000,000 then outstanding. 

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

  
 16 

 “Committed Loan Notice” means a notice of (a) a Term Borrowing,
(b) a Multicurrency Revolving Credit Borrowing, (c) a USD Revolving Credit Borrowing, (d) a conversion of Loans from one Type to the other,
or (e) a continuation of Eurocurrency Rate Loans, pursuant to Section 2.02(a), which
or
(f) a
 continuation of Alternative Currency Term Rate Loans, pursuant to Section 2.02(a), which, in each case, shall be substantially in the form
of Exhibit A or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a
Responsible Officer of the applicable Borrower. 
 “Commitment Fee” has the meaning specified in Section 2.09.

 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and
any successor statute. 
 “Commodity Price Protection Agreement” means any forward contract, commodity swap, commodity
option or other similar financial agreement or arrangement relating to, or the value of which is dependent upon, fluctuations in commodity prices. 

“Company” has the meaning specified in the introductory paragraph hereto. 

“Company Materials” has the meaning specified in Section 6.01(m). 

“Compliance Certificate” means a certificate substantially in the form of Exhibit D. 

“
Communication” means
 this Agreement, any Loan Document and any document, amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization related to any Loan Document.

“
Conforming
Changes”
means, with respect to
the use, administration of or any conventions associated with SONIA or any proposed Successor Rate for
an Agreed Currency, as applicable, any conforming changes to the definitions of
“SONIA
”,
 “Interest
 Period”,
 timing and frequency of determining rates and making payments of interest and other technical,
administrative or operational matters (including, for the avoidance of doubt, the definition of
“Business
 Day”,
 timing of borrowing requests or prepayment, conversion or continuation notices and length of lookback periods)
as may be appropriate, in the discretion of the Administrative Agent (after consulting with the
Company), to reflect the adoption and implementation of such applicable rate(s) and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market
practice for such Agreed Currency (or, if the Administrative Agent determines that adoption of any portion of such market practice is not administratively
feasible or that no market practice for the administration of such rate for such Agreed Currency exists, in such other manner of administration as the Administrative Agent determines (after consulting with the Company)
is reasonably necessary in connection with the administration of this Agreement and any other Loan Document). 

“Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or
that are franchise Taxes or branch profits Taxes. 
 “Consolidated Adjusted EBITDA” means, for any period, the Consolidated
Net Income of the Company and its Subsidiaries for such period plus, without duplication and to the extent 

  
 17 

 
reducing net income (and not excluded in determining Consolidated Net Income) for such period, the sum of: 

(a)    any expense and provision for taxes, paid or accrued (including any penalties and interest related thereto),
including without limitation, the U.S. medical device excise tax and any business license or state or other governmental franchise fees, 

(b)    Adjusted Consolidated Interest Expense, milestone payments in connection with any investment or series of related
investments, losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of gains on such hedging obligations, and costs of surety bonds in connection with financing activities, 

(c)    Consolidated Depreciation and Amortization Expense, 

(d)    any non-cash expenses, losses and charges and non-cash revenue loss recorded in respect of purchase accounting (including, but not limited, to revenue not recognized as a result of the write-up of accounts receivable),
and non-cash or unrealized exchange, translation or performance expenses, losses and charges relating to any foreign currency hedging transactions or currency fluctuations, 

(e)     (i) any non-cash exchange, translation or performance losses relating to
any foreign currency hedging transactions or currency fluctuations and (ii) any other non-cash expenses, losses and charges (including, without limitation, incurred pursuant to any equity incentive plan
or award or arising from any impairment of intangible assets or goodwill, but excluding any such non-cash charge to the extent that it represents an accrual or reserve for cash expenses in any future period,
an amortization of a prepaid cash expense that was paid in a prior period or a write-off, writedown or reserve with respect to current assets), 

(f)    any unusual expenses, losses or charges, including without limitation, any
pre-opening, opening, restructuring, closure, integration, transition and similar expenses, losses or charges accrued during such period, including any charges to establish accruals and reserves or to make
payments associated with the reassessment or realignment of the business and operations of the Company and its Subsidiaries, including, without limitation, the sale, disposal, closing, abandonment or discontinuance of assets (other than in the
ordinary course of business), facilities or operations, severance and curtailments or modifications to pension and post-retirement employee benefit plans, retention payments in connection therewith, asset write-downs or asset disposals, write-downs
for purchase and lease commitments, write-downs of excess, obsolete or unbalanced inventories, relocation costs which are not otherwise capitalized and any related costs of existing products or product lines; provided that the aggregate
amount added back pursuant to this paragraph (f), together with the amount of projected synergies and cost savings added back pursuant to Section 1.10(c), shall not exceed 15% of Consolidated Adjusted EBITDA for such period, calculated without
giving effect to any adjustment pursuant to this paragraph (f) or Section 1.10(c) as it relates to projected synergies and cost savings, 

(g)    expenses, losses and charges with respect to casualty events or business interruption, 

(h)    expenses, losses and charges incurred to the extent covered by indemnification provisions in any agreement in
connection with any acquisition or disposition permitted hereunder, so long as such Person has made a determination that a reasonable basis exists for indemnification or reimbursement, but only to the extent that such amount is in fact indemnified
or reimbursed within 12 months of such determination (with a deduction in the applicable future period for any amount so added back to the extent not so indemnified or reimbursed within such 12 months), 

  
 18 

 (i)    any contingent or deferred payment obligations (including, but
not limited to, severance, retention, earn-out payments, non-compete payments and consulting payments, together with any interest or similar charge of expense imputed or
otherwise accrued in respect of any of the foregoing but excluding ongoing royalty payments) incurred in connection with any Prior Acquisition or any Permitted Acquisition (or any other acquisition constituting a permitted Investment), 

(j)    non-cash expenses, losses and charges pursuant to Statement of Financial
Accounting Standards No. 158 (codified within Accounting Standards Codifications 715-20, Defined Benefit Plans—General and 715-30, Defined Benefit
Plans—Pension); and 
 (k)    all costs
orand expenses incurred in connection with the payment or accrual of dividend equivalent rights pursuant to any equity incentive plan or award, but only to the extent that equivalent payments are being or have been
made with respect to Equity Interests in the Company; 
 minus (without duplication), to the extent increasing net income (and
not excluded in determining Consolidated Net Income) for such period, (i) any cash payments made during such period on account of non-cash charges added to Consolidated Net Income pursuant to clause
(e) above in such period or any prior period, (ii) all non-cash income or gains (but excluding any such amount (x) in respect of which cash or other assets were received in a prior period or
will be received or (y) which represents the reversal of an accrual or cash reserve for anticipated cash charges in any prior period) and non-cash exchange, translation or performance gains relating to
any foreign currency hedging transactions or currency fluctuations and (iii) any unusual income or gains, all calculated for the Company and its Subsidiaries in accordance with GAAP on a consolidated basis; 

provided that, without duplication and to the extent included in Consolidated Net Income, any adjustments resulting from the application of
Accounting Standards Codification 815 shall be excluded in determining Consolidated Adjusted EBITDA.; 

provided
further, that for all purposes of this Agreement, other than with respect to determinations of the Applicable Rate (including the
Commitment Fee), Consolidated Adjusted EBITDA for each applicable four (4) Fiscal Quarter period from the Second Amendment Effective Date until (and including) the Fiscal Quarter ending on September 30,
 2023 shall be deemed to be $1,500,000,000.  

“Consolidated Capital Expenditures” means, for any period, the aggregate of all expenditures of the Company and its
Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment,” “construction
in-process,” “purchase or capitalized development of intellectual property,” “increase in equipment under customer usage agreements” or similar items reflected in the consolidated
statement of cash flows of the Company and its Subsidiaries. 

  
 19 

 “Consolidated Current Assets” means, as at any date of determination, the
total assets of a Person and its Subsidiaries on a consolidated basis that may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents. 

“Consolidated Current Liabilities” means, as at any date of determination, the total liabilities of a Person and its
Subsidiaries on a consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long-term debt. 

“Consolidated Depreciation and Amortization Expense” means with respect to any Person for any period, the total amount of
depreciation and amortization expense, including any amortization of intangibles, including, without limitation, goodwill, of such Person and its Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

 “Consolidated Excess Cash
Flow” means, for any period, an
amount (if positive (it being understood and agreed that if actual Consolidated Excess Cash Flow is negative for any period, Consolidated Excess Cash Flow shall be zero for such period)) equal to: 

(a)    
the sum, without duplication (including, without limitation, duplication of the effects of adjustments or exclusions provided for in the definitions of
Consolidated Adjusted EBITDA and Consolidated Net Income), of (i) Consolidated Adjusted EBITDA, (ii) the Consolidated Working Capital Adjustment (which may be a negative amount) and (iii) the amount related to items that were deducted or excluded (with the
result that Consolidated Adjusted EBITDA was reduced) hereunder in calculating Consolidated Adjusted EBITDA to the extent either (A) such items represent cash received by the Company or any Subsidiary (but excluding, other than for purposes of the definition of Available ECF Amount, cash gains
excluded from Consolidated Net Income pursuant to clause
(h) of the definition thereof) or
(B) such items do not represent cash paid by the
Company or any
Subsidiary; 
minus  

(b)    
the sum, without duplication (including, without limitation, duplication of the effects of adjustments or exclusions provided for in the definitions of
Consolidated Adjusted EBITDA and Consolidated Net Income), of the amounts for such period paid in cash (or, in the case of clause (I) below, held in reserve) from operating cash flow (except, with respect to clauses (B) (solely with respect to scheduled repayments of Indebtedness for borrowed money),
(E), (I) and (J) below, to the extent funded
with Cash proceeds from Indebtedness (including, without limitation, Revolving Credit Loans) or Cash proceeds from the issuance of any Equity Interests of the
Company or any of its Subsidiaries) of
(A) payments relating to expenses or provision
for taxes with respect to such period,
(B) Adjusted Consolidated Cash Interest Expense,
milestone payments in connection with any investment or series of related investments, costs of surety bonds in connection with financing activities and scheduled repayments of Indebtedness for borrowed money and scheduled repayments of obligations
under Capital Leases, (C) consideration in
respect of any Consolidated Capital Expenditure,
(D) consideration in respect of any Prior
Acquisition or any Permitted
Acquisition (or any other acquisition constituting a permitted Investment), (E) the
aggregate amount of principal prepayments of long-term Indebtedness of the Company and its Subsidiaries, excluding (v) amounts prepaid pursuant to Section 2.05(c)(ix)(B)(y), (w) all prepayments of Term Loans (other

  
 20 

 
than
, for the avoidance of doubt, scheduled payments of Term Loans referred to in clause (b)(B) above
and mandatory prepayments pursuant to Sections 2.05(c)(i) and 2.05(c)(ii)), (x) all prepayments of Swing Line Loans and Revolving Credit Loans,
(y) all prepayments in respect of any revolving
credit facility, except to the extent there is an equivalent permanent reduction in commitments thereunder and (z) all prepayments of Junior Financing, (F) the amount related to items that were added back or excluded (with the result that Consolidated Adjusted EBITDA was increased) hereunder in calculating Consolidated
Adjusted EBITDA to the extent either (1) such
items represent cash payments made by the Company or any Subsidiary (which had not reduced Consolidated Excess Cash Flow upon the accrual thereof in a prior Fiscal Year), (but excluding, other than for purposes of the definition of Available ECF
Amount, cash losses excluded from Consolidated Net Income pursuant to clause (h) of the definition thereof) or (2) such items do not represent cash received by the Company or any Subsidiary,
(G) to the extent not expensed during such
period, the aggregate amount of costs, fees and expenses in connection with the consummation of any Prior Acquisition, Permitted Acquisition, permitted Investment, Asset Sale, issuance or repayment of Indebtedness, issuance of Equity Interests,
refinancing transaction or amendment or other modification of any Indebtedness (in each case, including any such transaction consummated prior to the Closing Date and any such transaction undertaken but not completed), (H) payments made with respect
to any and all existing and future Adverse Proceedings, (I) amounts used to fund the Convertible Note Repayment Reserve to the
extent permitted under the definition thereof and
(J) without duplication of amounts deducted
pursuant to clause (b)(I) above in a prior period that were applied to Convertible Note Repayment Obligations or to purchase or repurchase Convertible Notes pursuant to Section 7.04(c)(y), the aggregate amount applied to (x) Convertible Note Repayment Obligations or (y) purchase or repurchase Convertible Notes pursuant to
Section 7.04(c)(y), in each case in such
period; 
plus 
 (c)    amounts deducted pursuant to clause (b)(I) above in a prior period to the extent not applied to the
Convertible Note Repayment Obligations or to purchase or repurchase Convertible Notes pursuant to Section 7.04(c)(y) within the applicable time period specified in the definition of Convertible Note Repayment Reserve;

 provided that, for the purpose
of calculating Consolidated Net Income or
Consolidated Adjusted EBITDA included in the definition of Consolidated Excess Cash Flow in connection with any Pro Forma Transaction, the income (or loss) of any Person or business accrued prior to the date it becomes a Subsidiary
of 
the Company shall not be included. 

“Consolidated Net Debt” means, as of any date of determination, (a) Consolidated Total Debt less (b) the aggregate
amount (not to exceed $1,000,000,000) of Qualified Cash as of such date. 
 “Consolidated Net Income” means, for any
period, the consolidated net income (or loss) of the Company and its Subsidiaries for such period, determined on a consolidated basis in 

  
 21 

 
accordance with GAAP; provided that, in calculating the Consolidated Net Income of the Company and its Subsidiaries for any period, there shall be excluded (without duplication): 

(a)    the income (or deficit) of any Person accrued prior to the date it becomes a Subsidiary of the Company or is merged
into or consolidated with the Company or any of its Subsidiaries (except as contemplated by Section 1.10); 

(b)    the income (or deficit) of any Person in which the Company or any of its Subsidiaries has an ownership interest
that is either (x) not a Subsidiary or (y) accounted for by the equity method of accounting, except to the extent that any such income is actually received by the Company or such Subsidiary in the form of dividends or similar
distributions; 
 (c)    the undistributed earnings of any Subsidiary of the Company to the extent that the declaration
or payment of dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any agreement, instrument, contract or other undertaking to which such Subsidiary is a party or by which any of its property is bound or
any law, treaty, rule, regulation or determination of an arbitrator or a court of competent jurisdiction or other Governmental Authority, in each case, applicable or binding upon such Subsidiary or any of its property or to which such Subsidiary or
any of its property is subject; 
 (d)    any fees, expenses, charges or losses recognized during such period, or any
amortization or write-off thereof for such period, in connection with the consummation of any Prior Acquisition, Permitted Acquisition, Investment, Reorganization, asset disposition, issuance or repayment of
Indebtedness, issuance of Equity Interests, recapitalizations, mergers, refinancing transaction or amendment, waiver or other modification of any Indebtedness or similar transactions (in each case, including any such transaction consummated prior to
the Closing Date and any such transaction undertaken but not completed) and any charges or non-recurring or unusual costs, expenses or losses recognized during such period as a result of any such transaction;

 (e)    any amortization of deferred charges resulting from the application of Accounting Standards
Codification 470-20, Debt (but only to the extent of the information therein that was codified from Financial Accounting Standards Board Staff Position No. APB
14-1—Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement) or related interpretations or guidance) (including, for the avoidance of
doubt, as a result of its application to Convertible Notes issued in exchange for other Convertible Notes); 

(f)    any unusual, non-recurring or extraordinary gain, loss, expense or charge
(including, without limitation,
(i
)
 any such gains, losses, expenses or charges excluded from the Company’s
 non-GAAP adjusted consolidated net income publicly announced or released by the Company regarding the
Company’s
 results of operations or financial condition or
(ii) any gains, losses, expenses or charges
arising out of judgments or the settlement of any Adverse
Proceeding listed on Schedule 5.11); 
 (g)    any income, loss, expense or charge for such period attributable
to the exchange or early extinguishment of Indebtedness, together with any related provision for taxes on any such income; 

(h)    any net after-tax gains or losses attributable to (i) asset
dispositions (including any Qualified Receivables Transaction and any asset dispositions referenced in clause (ix) of the definition of “Asset Sale” set forth herein) other than in the ordinary course of business and
(ii) dispositions of minority investments, in each case, as determined in good faith by the Company; 

  
 22 

 (i)    any non-cash gain, loss,
expense or charge attributable to the movement in the mark-to-market valuation of Indebtedness; and 

(j)     (x) any gains or losses resulting from any reappraisal, revaluation or
write-up or write-down of assets, and (y) the purchase accounting effects of in process research and development expenses and adjustments to property, inventory, accounts receivable (including revenue not
recognized as a result of the write up of accounts receivable) and equipment, software and other intangible assets and deferred revenue and deferred expenses in component amounts required or permitted by GAAP and related authoritative pronouncements
(including the effects of such adjustments pushed down to the Company and the Subsidiaries), in the case of clause (y), as a result of any acquisition consummated prior to the Closing Date, or any Permitted Acquisition (or any other acquisition constituting a permitted Investment), or the
amortization or write-off of any amounts thereof. 
 “Consolidated Senior Secured
Debt” means, as of any date of determination, Consolidated Total Debt that is secured by a Lien on the assets of the Loan Parties. 

“Consolidated Senior Secured Net Debt” means, as of any date of determination, (a) Consolidated Senior Secured Debt
less (b) the aggregate amount (not to exceed $1,000,000,000) of Qualified Cash as of such date. 
 “Consolidated Tangible
Assets” means the aggregate amount of
assets (less applicable reserves and other properly deductible items) after deducting therefrom all goodwill, trade names, patents, unamortized debt discount and expense and any other like intangibles, in each case as set forth on the then-most
recent consolidated balance sheet of the Company and computed in accordance with GAAP. 

“Consolidated Total Debt” means, as at any date of determination, the aggregate stated balance sheet amount of all
Indebtedness of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP. 
 “Consolidated
Working Capital” means, as at any date of determination, the excess of Consolidated Current Assets of the Company and its Subsidiaries over Consolidated Current Liabilities of the Company and its Subsidiaries. 

“Consolidated Working Capital Adjustment” means, for any period on a consolidated basis, the amount (which may be a negative
number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period. In calculating the Consolidated Working Capital Adjustment, there shall be excluded
the effect of reclassification during such period of current assets to long-term assets, long term assets to current assets, current liabilities to long-term liabilities and long term liabilities to current liabilities and the effect of any
Permitted Acquisition (and/or any other acquisition that constitutes a permitted Investment) or Asset Sale during such period; provided that there shall be included with respect to any Permitted Acquisition (and/or any other acquisition that
constitutes a permitted Investment) or Asset Sale during such period, an amount (which may be a negative number) by which the Consolidated Working Capital acquired in such Permitted Acquisition (and/or any other acquisition that constitutes a
permitted Investment) or disposed of in such Asset Sale as at the time of such acquisition or such Asset Sale exceeds (or is less than) Consolidated Working Capital at the end of such period. 

  
 23 

 “Contractual Obligation” means, as applied to any Person, any provision of
any Security issued by that Person or of any indenture, mortgage, deed of trust, contract, undertaking, agreement or other instrument to which that Person is a party or by which it or any of its properties is bound or to which it or any of its
properties is subject. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Contributing Guarantors” has the meaning specified in Section 11.02. 

“Convertible Note Put Date” means with respect to each series of Convertible Notes, a date on which holders thereof may
require the Company to repurchase such Convertible Notes under the terms thereof. 
 “Convertible Note Repayment Event”
means (i) the repurchase of Convertible Notes by the Company upon the exercise of the holder’s right to require the Company to repurchase its Convertible Notes, (ii) the redemption of Convertible Notes by the Company upon the exercise
of the Company’s option to call or otherwise redeem such Convertible Notes from the holder thereof, (iii) the election by the Company to make a settlement payment, in whole or in part, in cash (rather than Equity Interests) following the
conversion of any Convertible Notes into Equity Interests by the holder thereof or (iv) the exchange of Convertible Notes by the Company in connection with a Permitted Refinancing, in each case in accordance with the terms of the applicable
Convertible Notes. 
 “Convertible Note Repayment Obligations” means any cash payment paid by the Company or any of its
Subsidiaries (i) to a holder of a Convertible Note upon the occurrence of a Convertible Note Repayment Event including without limitation, the purchase price in regards to the Convertible Note being purchased or repurchased and/or all cash
payments of principal, premium, interest, accretion, and fees incurred in connection with any redemption, purchase or repurchase in connection with such Convertible Note Repayment Event (other than an event set forth in clause (iv) of the
definition thereof), or (ii) on account of any recapture taxes (or any other applicable taxes) due by the Company or any of its Subsidiaries in respect thereto, in each case, in connection with the redemption, repayment, repurchase, conversion
or exchange thereof upon a Convertible Note Repayment Event. 
 “Convertible Note Repayment Reserve” means, with respect to
each series of Convertible Notes, cash reserves established by the Company, in its discretion, to fund future Convertible Note Repayment Obligations in an amount not to exceed the Convertible Note Repayment Obligation which the Company in its good
faith, reasonable judgment believes it will incur in connection with the next scheduled Convertible Note Put Date, which reserve the Company may begin to fund eighteen (18) months immediately preceding the next scheduled Convertible Note Put
Date in respect of the applicable series of Convertible Notes (it being understood and agreed that to the extent the amount reserved in any period exceeds the actual Convertible Note Repayment Obligations, the Company shall not be required to apply
such excess amount to make an excess cash flow payment (if any) in connection with any Loans) . The Convertible Note Repayment Reserve (x) shall be invested in Cash or Cash Equivalents held in a general (i.e.,
non-escrow) deposit account of the Company and (y) for the avoidance of doubt may be applied to the purchase or repurchase of Convertible Notes pursuant to Section 7.04(c)(y) (including pursuant to
the purchase or repurchase of such Convertible Notes through negotiated or open market transactions). 

  
 24 

 “Convertible Notes” means (i) the 2.00% Convertible Exchange Senior
Notes due 2037, issued by the Company pursuant to the Base Indenture and that certain Second Supplemental Indenture dated as of November 23, 2010, by and between Wilmington Trust Company, as trustee, and the Company, (ii) the 2.00%
Convertible Senior Notes due 2042, issued by the Company pursuant to the Base Indenture and that certain Third Supplemental Indenture dated as of March 5, 2012, by and between Wilmington Trust Company, as trustee, and the Company,
(iii) the 2.00% Convertible Senior Notes due 2043 issued by the Company pursuant to the Base Indenture and that certain Fourth Supplemental Indenture dated as of February 21, 2013 by and between Wilmington Trust Company, as trustee, and
the Company and (iv) any other series of convertible notes which may be issued in a Permitted Refinancing of such Convertible Notes (including an exchange therefor). 

“Cost Shared Intangibles” has the meaning specified in the term “Permitted R&D Cost Sharing Agreement.” 

“Co-Syndication Agents” means (i) with respect to the Term Facility and the
Revolving Credit Facilities established on the Closing Date, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and TheMUFG Bank of
Tokyo-Mitsubishi UFJ, Ltd., in their capacities as syndication agents, (ii) with respect to the 2017 Term Facility and the 2017 Revolving Credit Facilities established on the Restatement
Date, October 3, 2017, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and TheMUFG Bank of
Tokyo-Mitsubishi UFJ, Ltd., in their capacities as syndication agents 
and, (iii) with respect to the 2018 Refinancing 
Term Facility and the 2018 Revolving Credit Facilities, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Bank, National Association, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and theMUFG Bank of
Tokyo-Mitsubishi UFJ, Ltd., Ltd. and (iv) with
 respect to the 2021 Term Facility and the 2021 Revolving Credit Facility, BofA Securities, Inc.,
Wells Fargo Bank, National Association, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A., MUFG Bank, Ltd. and Citibank, N.A. 

“Counterpart Agreement” means a Counterpart Agreement substantially in the form of Exhibit G delivered by a Loan Party
pursuant to Section 6.10. 

“
Covered Entity” means
 any of the following:
(i)
 a
 “covered
 entity” as
 that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b);
 (ii) a
“covered
 bank” as
 that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b);
 or
(iii) a
 “covered
 FSI” as
 that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b).
 
 “CRD IV” means (A) Regulation (EU) No 575/2013 of the
European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 and (B) Directive 2013/36/EU of the European Parliament and of the
Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC. 

“Credit Agreement Refinancing Indebtedness” has the meaning specified in in Section 2.19. 

  
 25 

 “Credit Date” means the date of a Credit Extension. 

“Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 

“
Credit Party” shall
 have the meaning specified in Section 10.17. 

“CTA” means the Corporation Tax Act 2009. 

“Currency Agreement” means any foreign exchange contract, currency swap agreement, futures contract, option contract,
synthetic cap or other similar agreement or arrangement, each of which is for the purpose of hedging the foreign currency risk associated with the Company’s and its Subsidiaries’ operations and not for speculative purposes. 

“
Daily Simple SOFR”
with respect to any applicable determination date means the secured overnight financing rate (“SOFR
”)
published on such date by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s
 website (or any successor source). 
 “Debtor Relief Laws”
means the Bankruptcy Code of the United States, the Insolvency Act 1986 of the United Kingdom and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency,
reorganization, or similar debtor relief Laws of the United States, the United Kingdom or other applicable jurisdictions from time to time in effect. 

“Declined Proceeds” has the meaning specified in Section 2.05(c)(x). 

“Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the
passage of time, or both, would be an Event of Default. 
 “Default Rate” means (a) when used with respect to Loan
Document Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Rate, if any, applicable to Base Rate Loans plus (iii) 2% per annum; provided, however, that
with respect to a Alternative Currency Loan, Eurocurrency Rate
Loan or a LIBOR Daily Floating Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus 2% per annum, and (b) when used with respect to Letter of
Credit Fees, a rate equal to the Applicable Rate plus 2% per annum. 
 “Default
 Right” has
 the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R.
§§
 252.81, 47.2 or 382.1, as applicable. 

“Defaulting Lender” means, subject to Section 2.18(b), any Lender that (a) has failed to (i) fund all or any
portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Company in writing that such failure is the result of such Lender’s
determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay to the
Administrative Agent, the L/C Issuer, the Swing Line Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swing Line Loans) within two Business Days of the
date when due, (b) has notified the Company, the Administrative Agent, the L/C Issuer or the Swing Line Lender in 

  
 26 

 
writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such
Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s good faith determination that a condition precedent to funding (which condition precedent, together with any applicable default, shall be
specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three Business Days after written request by the Administrative Agent or the Company, to confirm in writing to the Administrative Agent and the
Company that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative
Agent and the Company), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii) had appointed for it a receiver, custodian, conservator, trustee,
administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority
acting in such a capacity or such Lender or its direct or indirect parent company has taken any action in furtherance of or indicating its consent to or acquiescence in any such proceeding or appointment or become insolvent, or is generally unable
to pay its debts as they become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of creditors or (iii) become the subject of a
Bail-In Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company
thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on
its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under
any one or more of clauses (a) through (d) above, and of the effective date of such status, shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.18(b)) as of
the date established therefor by the Administrative Agent in a written notice of such determination, which shall be delivered by the Administrative Agent to the Company, the L/C Issuer, the Swing Line Lender and each other Lender promptly following
such determination. Failure of the Administrative Agent to conclude that a Lender is a Defaulting Lender shall not limit the rights and remedies of the Loan Parties in regards to any Lender that constitutes a Defaulting Lender. 

“Deposit Account” means a demand, time, savings, passbook or like account with a bank, savings and loan association, credit
union or like organization, other than an account evidenced by a negotiable certificate of deposit. 
 “Designated
Borrower” has the meaning specified in the introductory paragraph hereto. 
 “Designated Borrower Sublimit” means
an amount equal to the lesser of the Aggregate Revolving Commitments and $200,000,000250,000,000. The Designated Borrower Sublimit is part of, and not in
addition to, the Aggregate Revolving Commitments. 
 “Designated Borrower Notice” has the meaning specified in
Section 2.14(a). 
 “Designated Borrower Request and Assumption Agreement” has the meaning specified in
Section 2.14(a). 

  
 27 

 “Designated Non-Cash Consideration”
means non-cash consideration (including any purchase price holdbacks) received by the Company or a Subsidiary in connection with an Asset Sale pursuant to Section 7.08(c) that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer setting forth the fair market value thereof and the basis of such valuation (which amount will be reduced by the fair market value of the
portion of such non-cash consideration converted to Cash within 270 days following the consummation of the applicable Asset Sale). 

“Discontinued Real Property” means all or any portion of real property owned or leased by the Company or a Subsidiary which,
in the good faith judgment of the Company, is no longer used or useful in the business of the Company and its Subsidiaries; provided that no Material Real Estate Asset shall constitute Discontinued Real Property. 

“Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any Sale
and Leaseback Transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith (but, for the avoidance
of doubt, not including the issuance by the Company or any Subsidiary of Equity Interests). 
 “Disqualified Equity
Interests” means any Equity Interest which, by its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition
(i) matures or is mandatorily redeemable (other than solely for Equity Interests which are not otherwise Disqualified Equity Interests), pursuant to a sinking fund obligation or otherwise, (ii) is redeemable at the option of the holder
thereof (other than solely for Equity Interests which are not otherwise Disqualified Equity Interests), in whole or in part, (iii) requires the scheduled payments or dividends in cash or (iv) is or becomes convertible into or exchangeable
for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is 91 days after the Latest Maturity Date, except, in the case of clauses (i) and (ii), if as a result of a
change of control or asset sale, so long as any rights of the holders thereof upon the occurrence of such a change of control or asset sale event are subject to the prior payment in full of all Obligations, the cancellation or expiration of all
Letters of Credit and the termination of the Commitments. 
 “Disqualified Institution” means (a) any Person that
competes with the business of the Company and its Subsidiaries from time to time, as identified on a list made available to the Administrative Agent from time to time and (b) as to any entity referenced in clause (a) above (a
“Primary Disqualified Institution”), any of such Primary Disqualified Institution’s known Affiliates that is readily identifiable as such by name, but excluding any Affiliate that is primarily engaged in, or that advises funds,
or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which such Primary Disqualified
Institution does not, directly or indirectly, possess the power to direct or cause the direction of such entity; it being understood and agreed that the identification of any Person as a Disqualified Institution after the Closing Date shall not
apply to retroactively disqualify any Person that has previously acquired an assignment or participation interest in any Loan or Commitment to the extent that that Person still holds such Loan or participation interest at the time that such Person
is identified as a Disqualified Institution. The list of Disqualified Institutions shall be posted to the Platform, it being understood that the Company may update such list from time to time with respect to Disqualified Institutions to the extent
provided for above, and the Administrative Agent shall, upon request of the Company, post such updated schedule to the Platform promptly following its receipt thereof, with such updates effective solely upon the posting thereof to the Platform. 

  
 28 

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

 “Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and
(b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as calculated by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate
(determined in respect of the then-most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. 

“Domestic Real Estate Asset” means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by
any U.S. Loan Party in any real property located in the United States. 
 “Domestic Subsidiary” means any Subsidiary of the
Company that is organized under the laws of any political subdivision of the United States. 
 “Drop-Down Consideration”
has the meaning specified in the definition of Permitted Foreign Subsidiary Realignment Transaction. 
 “Early
 Opt-in Effective Date” means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after
the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date
notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required
Lenders. 
 “Early
 Opt-in Election” means the occurrence
of:
 

(i)
    a determination by the Administrative Agent, or
a notification by the Borrower to the Administrative Agent that the Borrower has made a determination, that
U.S. dollar-denominated syndicated credit facilities currently being executed, or that include language
similar to that contained in Section 
3.03(d), are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate
to replace LIBOR, which notification shall include the name(s) of the borrowers with respect to such credit facilities and such credit facilities shall be publicly available,
and  

(ii)
    the joint election by the Administrative Agent and the Borrower to replace LIBOR with a Benchmark Replacement and the provision
by the Administrative Agent of written notice of such election to the Lenders. 

“EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country
which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition or (c) any financial institution
established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. 

  
 29 

 “EEA Member Country” means any of the member states of the European Union,
Iceland, Liechtenstein and Norway. 
 “EEA Resolution Authority” means any public administrative authority or any person
entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“
Electronic Copy” shall
 have the meaning specified in Section 10.17. 

“Electronic
 Record” and “Electronic Signature” shall have the meanings assigned to
them, respectively, by 15 USC §7006,
 as it may be amended from time to time.  
 “Eligible
Assignee” means any Person that meets the requirements to be an assignee under Section 10.06(b)(iii) and (v) (subject to such consents, if any, as may be required under Section 10.06(b)(iii)). 

“Employee Benefit Plan” means any “employee benefit plan” as defined in Section 3(3) of ERISA which is or was
sponsored within the prior six (6) years, maintained or contributed to by, or required to be contributed by, the Company, any of its Subsidiaries or any of their respective ERISA Affiliates. 

“Environmental Claim” means any investigation, notice, notice of violation, claim, action, suit, proceeding, demand,
abatement order or other order (conditional or otherwise), by any Governmental Authority or any other Person, arising (i) pursuant to or in connection with any actual or alleged violation of, or liability under, any Environmental Law;
(ii) in connection with any Hazardous Material or any actual or alleged Hazardous Materials Activity; or (iii) in connection with any actual or alleged damage, injury, threat or harm to health, safety, natural resources or the environment.

 “Environmental Laws” means any and all foreign, domestic or transnational, federal or state (or any subdivision of
either of them) statutes, common law, ordinances, orders, rules, regulations, judgments, Governmental Authorizations or any other requirements of or agreements with Governmental Authorities as any of the foregoing may be amended relating to
(i) environmental matters, including those relating to any Hazardous Materials Activity; (ii) the generation, use, storage, transportation or disposal of Hazardous Materials; or (iii) occupational and human safety and health,
industrial hygiene or land use, in any manner applicable to the Company or any of its Subsidiaries or any Real Property Facility. 

“Equity Interests” of any Person means any and all shares, interests, participations, rights in or other equivalents (however
designated) of such Person’s capital stock, other equity interests whether now outstanding or issued after the Restatement Date, partnership interests (whether general or limited), limited liability company interests, any other interest or
participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, including any preferred stock, and any rights (other than debt securities convertible into, or
exchangeable for or valued by reference to, Equity Interests until and unless any such debt security is converted into Equity Interests), warrants or options exchangeable for or convertible into such Equity Interest or any other rights to subscribe
to or otherwise acquire such Equity Interests. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended from time to time, and any successor thereto. 

  
 30 

 “ERISA Affiliate” means, as applied to any Person, (i) any corporation
which is a member of a controlled group of corporations within the meaning of Section 414(b) of the Code of which that Person is a member; (ii) any trade or business (whether or not incorporated) which is a member of a group of trades or
businesses under common control within the meaning of Section 414(c) of the Code of which that Person is a member; and (iii) any member of an affiliated service group within the meaning of Section 414(m) or (o) of the Code of
which that Person, any corporation described in clause (i) above or any trade or business described in clause (ii) above is a member. Any former ERISA Affiliate of the Company or any of its Subsidiaries shall continue to be considered an
ERISA Affiliate of the Company or any such Subsidiary within the meaning of this definition with respect to the period such entity was an ERISA Affiliate of the Company or such Subsidiary and with respect to liabilities attributable to such period
arising after such period for which the Company or such Subsidiary could be liable under the Code or ERISA. 
 “ERISA
Event” means (i) a “reportable event” within the meaning of Section 4043 of ERISA and the regulations issued thereunder with respect to any Pension Plan (excluding those for which the provision for 30-day notice to the PBGC has been waived by regulation); (ii) the failure to meet the minimum funding standard of Section 412 of the Code with respect to any Pension Plan (whether or not waived in accordance
with Section 412(c) of the Code), or the failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Pension Plan, or the failure to make by its due date any required contribution to a
Multiemployer Plan; (iii) the provision by the administrator of any Pension Plan pursuant to Section 4041(a)(2) of ERISA of a notice of intent to terminate such plan in a distress termination described in Section 4041(c) of ERISA;
(iv) the withdrawal by the Company, any of its Subsidiaries or any of their respective ERISA Affiliates from any Pension Plan with two (2) or more contributing sponsors or the termination of any such Pension Plan resulting in liability to
the Company, any of its Subsidiaries or any of their respective Affiliates pursuant to Section 4063 or Section 4064 of ERISA; (v) the institution by the PBGC of proceedings to terminate any Pension Plan, or the occurrence of any event
or condition which would reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan; (vi) the imposition of liability on the Company, any of its Subsidiaries
or any of their respective ERISA Affiliates pursuant to Section 4062(e) or Section 4069 of ERISA or by reason of the application of Section 4212(c) of ERISA; (vii) the withdrawal of the Company, any of its Subsidiaries or any of
their respective ERISA Affiliates in a complete or partial withdrawal (within the meaning of Section 4203 and Section 4205 of ERISA) from any Multiemployer Plan if there is any potential liability therefore, or the receipt by the Company,
any of its Subsidiaries or any of their respective ERISA Affiliates of notice from any Multiemployer Plan that it is insolvent pursuant to Section 4245 of ERISA, or that it intends to terminate or has terminated under Section 4041A or
Section 4042 of ERISA; (viii) the occurrence of an act or omission which would reasonably be expected to give rise to the imposition on the Company, any of its Subsidiaries or any of their respective ERISA Affiliates of fines, penalties,
taxes or related charges under Chapter 43 of the Code or under Section 409, Section 502(c), (i) or (l) or Section 4071 of ERISA in respect of any Employee Benefit Plan; (ix) the assertion of a material claim (other than
routine claims for benefits) against any Employee Benefit Plan other than a Multiemployer Plan or the assets thereof, or against the Company, any of its Subsidiaries or any of their respective ERISA Affiliates in connection with any Employee Benefit
Plan; (x) receipt from the Internal Revenue Service of notice of the failure of any Pension Plan (or any other Employee Benefit Plan intended to be qualified under Section 401(a) of the Code) to qualify under Section 401(a) of the
Code, or the failure of any trust forming part of any Pension Plan to qualify for exemption from taxation under Section 501(a) of the Code; (xi) the imposition of a Lien pursuant to Section 430(k) of the Code or ERISA or a violation
of Section 436 of the Code; or (xii) the occurrence of a Foreign Benefit Event. 

  
 31 

 “EU Bail-In Legislation Schedule”
means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. 

“Euro” and “€” mean the single currency of the Participating Member States. 

“Eurocurrency Rate”
means, with respect to any Credit Extension denominated in
Dollars: 
 (a)    
With respect to any Credit Extension: 

(ia)    denominated in a LIBOR Quoted Currency, for any Interest Period with respect to a Eurocurrency Rate Loan, the rate per annum equal to the London Interbank Offered Rate (“LIBOR”) or a successor rate (or, if not available, a
comparable rate), which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from
time to time) (the “LIBOR Screen Rate”) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in the relevant
currencyDollars (for delivery on the first day of
such Interest Period) with a term equivalent to such Interest Period; and  

(ii)    
denominated in any Non-LIBOR Quoted Currency,
the rate per annum as designated with respect to such Alternative Currency at the time such Alternative Currency is approved by the Administrative Agent, the Multicurrency Revolving Credit Lenders and/or the L/C Issuer pursuant to Section 1.06(a); and 

(b)    for any interest rate calculation with respect to a Base Rate Loan on any date, the rate per annum equal to LIBOR,
at or about 11:00 a.m., London time determined two Business Days prior to such date for U.S. Dollar deposits with a term of one month commencing that day; 

provided that to the extent a comparable or successor rate is approved by the Administrative Agent in connection with any rate set forth in this
definition, the approved rate shall be applied in a manner consistent with market practice; provided, further, that to the extent such market practice is not administratively feasible for the Administrative Agent, such approved rate
shall be applied in a manner as otherwise reasonably determined by the Administrative Agent; provided, further, that if the Eurocurrency Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. 

“Eurocurrency Rate Loan” means a Revolving Credit Loan or a Term Loan that bears interest at a rate based on clause
(a) of the definition of “Eurocurrency Rate”. All
Eurocurrency Rate Loans that are Multicurrency Revolving Credit Loans may be denominated in Dollars or in an Alternative Currency. Eurocurrency Rate Loans that are Term Loans or USD Revolving
Credit Loans shall be denominated in Dollars. All Loans denominated in an Alternative Currency must be Eurocurrency Rate
Loans. 
 “Event of Default” has the meaning specified in
Section 8.01. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any
successor statute. 

  
 32 

 “Excluded Disregarded Entity” means any Subsidiary of the Company
substantially all of the assets of which are Equity Interests in one or more Foreign Subsidiaries that are CFCs. 
 “Excluded
Subsidiary” means (i) any Subsidiary of the Company that is a Massachusetts securities corporation or a Receivables Entity, (ii) any Foreign Subsidiary, (iii) any Immaterial Domestic Subsidiary, (iv) any Real Estate Loan
Borrower (only so long as such Indebtedness incurred pursuant to Section 7.01(z) remains outstanding) and (iv) unless otherwise agreed by the Company in writing, any Domestic Subsidiary that is an Excluded Disregarded Entity or a
Subsidiary of a Foreign Subsidiary that is a CFC. 
 “Excluded Swap Obligation” means, with respect to any Guarantor, any
Swap Obligation if, and to the extent that, all or a portion of the Guaranty of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap Obligation (or any Guaranty thereof) (after giving effect to any keepwell,
guaranty or other support agreement) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such
Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the Guaranty of such Guarantor or the grant of such security
interest becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one “swap” within the meaning of section 1a(47) of the Commodity Exchange Act, such exclusion shall
apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guaranty or security interest is or becomes illegal. 

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

“Existing Class” has the meaning specified in Section 2.15(a). 

“Existing Credit Agreement” means that certain Credit and Guaranty Agreement dated as of August 1, 2012 (as
amended, modified or otherwise supplemented prior to the Closing Date) among the Company, the subsidiaries of the Company party thereto, Goldman Sachs Bank USA, as Administrative Agent and the other parties thereto. 

“Existing L/C Issuer” means JPMorgan Chase Bank, N.A., in its capacity as issuer of the Existing Letters of Credit. 

  
 33 

 “Existing Letters of Credit” means those certain letters of credit issued
in connection with and/or outstanding under the Existing Credit Agreement and outstanding on the Closing Date and listed on Schedule 1.01(B) hereto. 

“Existing Multicurrency Revolving Credit Commitments” has the meaning specified in Section 2.15(c). 

“Existing Revolving Credit Commitments” means the Existing Multicurrency Revolving Credit Commitments and/or the Existing USD
Revolving Credit Commitments, as the context may require. 
 “Existing Term A Loan” means all Term Loans outstanding
immediately prior to the effectiveness of this Agreement. 
 “Existing Term Loans” has the meaning specified in
Section 2.15(c). 
 “Existing USD Revolving Credit Commitments” has the meaning specified in Section 2.15(c).

 “Extended Maturity Date” has the meaning specified in Section 2.15(a). 

“Extended Multicurrency Revolving Credit Commitments” has the meaning specified in Section 2.15(c). 

“Extended Revolving Credit Commitments” means the Extended Multicurrency Revolving Credit Commitments and/or the Extended USD
Revolving Credit Commitments, as the context may require. 
 “Extended Term Loans” has the meaning specified in
Section 2.15(c). 
 “Extended USD Revolving Credit Commitments” has the meaning specified in Section 2.15(c).

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

“Extension Amendments” has the meaning specified in Section 2.15(f). 

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

“Facility” means the Term Facility or any Revolving Credit Facility, as the context may require. 

“Fair Share” has the meaning specified in Section 11.02. 

“Fair Share Contribution Amount” has the meaning specified in 11.02. 

“FASB ASC” means the Accounting Standards Codification of the Financial Accounting Standards Board. 

“FATCA” means Sections 1471 through 1474 of the Code, as of the Restatement Date (or any amended or successor version that is
substantively comparable and not materially more 

  
 34 

 
onerous to comply with), any current or future regulations or official interpretations thereof and, any agreements entered into pursuant to Section 1471(b)(1) of the Code
and any fiscal or regulatory legislation, rule or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Governmental Authorities and implementing such Sections of the Code. 
 “FCPA” has the meaning specified in Section 5.27(a). 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal
funds transactions with members of the Federal Reserve System, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate
for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for
such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the Administrative Agent and (c) if the Federal Funds Rate is
less than zero, such rate shall be deemed to be zero for all purposes of this Agreement. 
 “Fee Letter” means
(i) immediately before this Agreement became effective on the Restatement Date, the Administrative Agent Fee Letter dated as of April 17, 2015 among the Company, Bank of America and Merrill Lynch, Pierce, Fenner & Smith
Incorporated (“MLPFS”), (ii) upon this Agreement becoming effective on the Restatement Date until immediately before the First Amendment Effective Date, the Administrative Agent Fee Letter dated as of August 11, 2017 among the
Company, MLPFS and, (iii) upon the First Amendment Effective Date, the Administrative
Agent Fee Letter dated as of December 17, 2018 among the Company, MLPFS and Administrative Agent and
(iv) upon
 the Second Amendment Effective Date, the Administrative Agent Fee Letter dated as of
August 12,
 2021 among the Company, BofA Securities, Inc. and Administrative Agent. 

“Financial Officer Certification” means, with respect to the financial statements for which such certification is required,
the certification of the chief financial officer or Chief Accounting Officer of the Company that such financial statements fairly present, in all material respects, the financial condition of the Company and its Subsidiaries as at the dates
indicated and the results of their operations and their cash flows for the periods indicated, subject to changes resulting from audit and normal year-end adjustments, and, with respect to quarterly financial
statements, absence of footnotes.+ 

“First Amendment” means Refinancing Amendment No. 1 to this Agreement dated December 17, 2018. 

“First Amendment Effective Date” means the “First Amendment Effective Date” as defined in the First Amendment. 

“First Priority” means, with respect to any Lien purported to be created in any Collateral pursuant to any Collateral
Document, that such Lien is the only Lien to which such Collateral is subject, other than any Permitted Lien. 
 “First-Tier Foreign
Subsidiary” means a Foreign Subsidiary, the Equity Interests of which are directly owned by the Company or a Domestic Subsidiary that is not a Subsidiary of a Foreign Subsidiary. 

  
 35 

“
Fiscal Month” means
 a fiscal month of any Fiscal Year. 
 “Fiscal Quarter” means a
fiscal quarter of any Fiscal Year. 
 “Fiscal Year” means the fiscal year of the Company and its Subsidiaries ending on the
last Saturday of September of each calendar year. 

“
Fitch” means
 Fitch Ratings
Inc., and
 any successor thereto. 
 “Foreign Benefit Event” means, with
respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the amount permitted under any applicable law or in excess of the amount that would be permitted absent a waiver from a governmental authority,
(b) the failure to make the required contributions or payments, under any applicable law, on or before the due date for such contributions or payments, (c) the receipt of a notice by a governmental authority relating to the intention to
terminate any such Foreign Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the insolvency of any such Foreign Pension Plan, or (d) the occurrence of any transaction that is
prohibited under any applicable law and that could reasonably be expected to result in the incurrence of any liability by the Company or any Subsidiary, excluding, in each case under clauses (a) through (d) above, any unfunded liabilities,
failure to make required contributions or payments, receipt of notice, the occurrence of any transaction, or any such other matters referred to therein (i) that are being contested in good faith by appropriate proceedings and for which adequate
reserves have been made or provided in accordance with GAAP or (ii) with respect to which would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

“Foreign Disposition” shall have the meaning assigned to such term in Section 2.05(c)(ix). 

“Foreign Jurisdiction” means any jurisdiction other than the United States, any state thereof or the District of Columbia.

 “Foreign Pension Plan” means any benefit plan that under applicable law, other than the laws of the United States or any
political subdivision thereof, is required to be funded through a trust or other funding vehicle other than a trust or funding vehicle maintained exclusively by a governmental authority. 

“Foreign Lender” means, with respect to any Borrower, (a) if such Borrower is a U.S. Person, a Lender that is not a U.S.
Person, and (b) if such Borrower is not a U.S. Person, a Lender that is resident or organized under the laws of a jurisdiction other than that in which such Borrower is resident for tax purposes. For purposes of this definition, the United
States, each state thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 
 “Foreign
Obligor” means a Loan Party that is a Foreign Subsidiary. 
 “Foreign Subsidiary” means any direct or indirect
Subsidiary of the Company that is not a Domestic Subsidiary. 
 “FRB” means the Board of Governors of the Federal Reserve
System of the United States, or any successor thereto. 

  
 36 

 “Fronting Exposure” means (a) at any time there is a Revolving Credit
Lender of any Class that is a Defaulting Lender, with respect to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the Outstanding Amount of all outstanding L/C Obligations other than L/C Obligations as to which such
Defaulting Lender’s participation obligation has been reallocated to other Revolving Credit Lenders of the same Class or Cash Collateralized in accordance with the terms hereof, and (b) at any time there is a USD Revolving Credit
Lender that is a Defaulting Lender, with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation obligation has
been reallocated to other USD Revolving Credit Lenders in accordance with the terms hereof. 
 “Fund” means any Person
(other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

“Funding Guarantors” has the meaning Specified in Section 11.02. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of
the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.
Notwithstanding any other provision contained herein, whether a lease is a Capital Lease shall be determined in
accordance with the definition of Capital Lease as set forth herein.  

“Gen-Probe” means Gen-Probe Incorporated, a
Delaware corporation. 
 “Gen-Probe Acquisition” means the acquisition by the
Company of 100% of the Equity Interests of Gen-Probe. 
 “Governmental Authority”
means any federal, state, municipal, foreign, transnational, national or other government (including any supra-national bodies such as the European Union), governmental department, commission, board, bureau, court, agency or instrumentality or
political subdivision thereof or any entity, officer or examiner exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to any government, any regulatory authority or any court, in each case whether
associated with a state of the United States, the United States, the United Kingdom or a foreign entity or government (including any supra-national bodies such as the European Union). 

“Governmental Authorization” means any permit, license, authorization, plan, directive, consent order or consent decree of or
from any Governmental Authority. 
 “Guaranty” means, collectively, (a) the Guaranty made by the Guarantors under
Article 11 in favor of the Secured Parties and (b) each other guaranty and guaranty supplement delivered pursuant to Section 6.12. 

“Grantor” has the meaning assigned to that term in the Pledge and Security Agreement. 

“Guaranteed Obligations” has the meaning specified in Section 11.01 

  
 37 

 “Guarantor” means (a) in respect of (i) the Obligations of the
U.K. Borrower and any Designated Borrowers and (ii) Cash Management Obligations and Hedge Obligations owing by any Loan Party or any Subsidiary of any Loan Party, the Company and each Subsidiary Guarantor and (b) in respect of the
Obligations of the Company, each Subsidiary Guarantor; provided, however, that no Excluded Subsidiary shall be required to be a Guarantor. 

“Hazardous Materials” means any chemical, material, waste or substance, which is prohibited, limited or regulated by any
Governmental Authority or Environmental Law or which may or could pose a hazard to the health and safety of any Persons or to the indoor or outdoor environment pursuant to any Governmental Authority or Environmental Law. 

“Hazardous Materials Activity” means any past, current, proposed or threatened activity, event or occurrence involving any
Hazardous Materials, including the use, manufacture, possession, storage, holding, presence, existence, location, Release, threatened Release, discharge, placement, generation, transportation, processing, construction, treatment, abatement, removal,
remediation, disposal, disposition or handling of any Hazardous Materials, and any corrective action or response action with respect to any of the foregoing. 

“Hedge Agreement” means an Interest Rate Agreement, Commodity Price Protection Agreement or a Currency Agreement entered into
with a Lender Counterparty. 
 “Hedge Obligations” means all obligations of any Loan Party from time to time owed to any
Lender Counterparties, to the extent arising under any Hedge Agreement, whether for principal, interest (including interest which, but for the filing of a petition in bankruptcy with respect to such Loan Party, would have accrued on any Obligation,
whether or not a claim is allowed against such Loan Party for such interest in the related bankruptcy proceeding), payments for early termination of Hedge Agreements, fees, expenses, indemnification or otherwise. 

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

“ICC” has the meaning specified in the definition of UCP. 

“IFRS” means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable to
the relevant financial statements delivered under or referred to herein. 
 “Immaterial Domestic Subsidiary” means, at any
date of determination, any Domestic Subsidiary of the Company that, together with all other Immaterial Domestic Subsidiaries, (i) had consolidated assets comprising in the aggregate less than 10% of Total Assets of the Company and its
Subsidiaries on the last day of the then-most recent Fiscal Quarter for which financial statements are available and (ii) contributed in the aggregate less than 10% of Consolidated Adjusted EBITDA for the period of four (4) Fiscal Quarters
then-most recently ended for which financial statements are available. The Immaterial Domestic Subsidiaries as of the RestatementSecond Amendment Effective Date are listed on Schedule 1.01(D)(1).

 “Immaterial Subsidiary” means at any date of determination, any Domestic Subsidiary or any Foreign Subsidiary
(other than the U.K. Borrower or any Designated Borrower) of the Company that, together with all other Immaterial Subsidiaries, (i) had consolidated assets comprising in the aggregate less than 5% of Total Assets on the last day of the
then-most recent Fiscal Quarter for which financial statements are available and (ii) contributed in the aggregate less than 5% of Consolidated Adjusted EBITDA for the period of four (4) Fiscal Quarters then-most recently ended for which
financial statements are available. The Immaterial Subsidiaries as of the RestatementSecond Amendment Effective Date are listed on Schedule 1.01(D)(2).

  
 38 

 “Increased Amount Date” has the meaning specified in Section 2.16.

 “Impacted Loans” has the meaning specified in Section 3.03(a). 

“Incremental Cap” has the meaning specified in Section 2.16 

“Incremental Facility” means the facility under which New Term Loans or New Revolving Credit Loans are made available, as
applicable. 
 “Indebtedness” means, as applied to any Person, without duplication, (i) all indebtedness for borrowed
money; (ii) that portion of obligations with respect to Capital Leases that is properly classified as a liability on a balance sheet in conformity with GAAP; (iii) notes payable, bonds, debentures or other similar instruments and drafts
accepted representing extensions of credit, whether or not representing obligations for borrowed money; (iv) any obligation owed for all or any part of the deferred purchase price of property or services, which purchase price is (a) due
more than six (6) months from the date of incurrence of the obligation in respect thereof or (b) evidenced by a note or similar written instrument, and all conditional sale obligations of such Person and all obligations of such Person
under a title retention agreement, excluding, in the case of this clause (iv) trade accounts (including intercompany accounts receivable) or accrued expenses payable in the ordinary course of business and (B) obligations incurred under
ERISA or deferred employee or director compensation and accruals for employee expenses in the ordinary course of business; (v) all obligations of others that constitute Indebtedness (other than pursuant to this clause (v)) of others secured by
any Lien on any property or asset owned or held by such Person regardless of whether the Indebtedness secured thereby shall have been assumed by that Person or is nonrecourse to the credit of that Person; (vi) the face amount of any letter of
credit issued for the account of that Person or as to which that Person is otherwise liable for reimbursement of drawings; (vii) Disqualified Equity Interests; (viii) the direct or indirect guaranty, endorsement (otherwise than for
collection or deposit in the ordinary course of business), co-making, discounting with recourse or sale with recourse by such Person of the Indebtedness of another; (ix) any obligation of such Person the
primary purpose or intent of which is to provide assurance to an obligee that the Indebtedness of the obligor thereof will be paid or discharged, or any agreement relating thereto will be complied with, or the holders thereof will be protected (in
whole or in part) against loss in respect thereof; (x) any liability of such Person for Indebtedness of another through any agreement (contingent or otherwise) (a) to purchase, repurchase or otherwise acquire such Indebtedness or any
security therefor, or to provide funds for the payment or discharge of such Indebtedness (whether in the form of loans, advances, stock purchases, capital contributions or otherwise) or (b) to maintain the solvency or any balance sheet item,
level of income or financial condition of another if, in the case of any agreement described under subclauses (a) or (b) of this clause (x), the primary purpose or intent thereof is as described in clause (ix) above; (xi) all obligations
of such Person in respect of any exchange traded or over-the-counter derivative transaction, including any Interest Rate Agreement, any Commodity Price Protection
Agreement and any Currency Agreement, in each case, whether entered into for hedging or speculative purposes; provided, in no event shall obligations under any derivative transaction (including, without limitation, any transaction evidenced
by any Interest Rate Agreement, any Commodity Price Protection Agreement and/or any Currency Agreement) be deemed “Indebtedness” for any purpose under Section 7.07; and (xii) all Attributable Receivables Indebtedness.
Notwithstanding the foregoing, in connection with the purchase by the Company or any Subsidiary of any business or assets, the term 

  
 39 

 
“Indebtedness” will exclude indemnification, purchase price adjustment, earn-outs, holdbacks and contingent payment obligations (including, but not limited to, obligations to make
payments or distributions to dissenting stockholders, together with any interest or similar charge of expense imputed or otherwise accrued in respect of any such payments or distributions with respect thereto or any of the foregoing) to which the
seller thereof may become entitled; provided that, to the extent such payment is fixed and determinable (and not otherwise contingent), the amount is paid within 90 days after the date such payment becomes fixed and determinable (and not
otherwise contingent) (and to the extent not so paid, such amount shall become Indebtedness for all purposes hereunder). 

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

“Indemnitees” has the meaning specified in Section 10.04(b). 

“Information” has the meaning specified in Section 10.07. 

“Initial Borrowers” has the meaning specified in the introductory paragraph hereto. 

“Installment” means a Term Loan Installment or a scheduled repayment of principal of New Term Loans, if any, pursuant to the
proviso to Section 2.07, as the case may be. 
 “Institutional Incremental Term Facility” means a term Incremental
Facility that is an Institutional Term Facility. 
 “Institutional Term Facility” means a term loan facility of the type
marketed primarily to institutional term loan lenders (as opposed to commercial banks) in the primary syndication thereof. 

“Intangible Property” has the meaning specified in the term “Permitted Inter-Company License Transaction”. 

“Intellectual Property” has the meaning assigned to that term in the Pledge and Security Agreement. 

“Intellectual Property Asset” means, at the time of determination, any interest (fee, license or otherwise) then owned by any
U.S. Loan Party in any registrations of, or pending applications for registration of, Intellectual Property in the United States. 

“Intellectual Property Security Agreements” means the Trademark Security Agreement, the Copyright Security Agreement and the
Patent Security Agreement as such terms are defined in the Pledge and Security Agreement. 
 “Intercompany Note” means that
certain Intercompany Subordinated Demand Promissory Note, dated as of the Closing Date, by and among the Loan Parties and their respective applicable subsidiaries, each as a Payor and as a Payee, as it may be amended, supplemented, restated or otherwise modified in accordance with the terms thereof
from time to time. 

  
 40 

 “Interest Coverage Ratio” means the ratio, as of the last day of any Fiscal
Quarter, of (i) Consolidated Adjusted EBITDA for the prior four (4)-Fiscal Quarter period then ending to (ii) Adjusted Consolidated Cash Interest Expense for such four (4)-Fiscal Quarter period. 

“Interest Payment Date” means, (a) as to any Eurocurrency Rate Loan, the last day of each Interest Period applicable to
such Loan and the Maturity Date of the Facility under which such Loan was made; provided, however, that if any Interest Period for a Eurocurrency Rate Loan exceeds three months, the respective dates that fall every three months after the
beginning of such Interest Period shall also be Interest Payment Dates;
and, (b) as to any LIBOR Daily Floating Rate
Loan, Base Rate Loan or Swing Line Loan, five (5) Business Days after the last Business Day of each Fiscal Quarter and the Maturity Date of the Facility under which such Loan was made (with Swing Line Loans being deemed made under the
Revolving Credit Facility for purposes of this
definition).,
(c) as to any Alternative Currency Daily Rate Loan, five (5) Business Days after the
last Business Day of each Fiscal Quarter and the Maturity Date and (d) as
 to any Alternative Currency Term Rate Loan, the last day of each Interest Period applicable to such Loan; provided, however, that if any Interest Period for an Alternative Currency Term Rate Loan exceeds three months, the respective dates that fall
every three months after the beginning of such Interest Period shall be Interest Payment Dates. 

“Interest Period” means, as to each Eurocurrency
Rate Loan and Alternative Currency Term Rate Loan, the period
commencing on the date such Eurocurrency Rate Loan or Alternative Currency Term Rate Loan is disbursed or converted to or continued as a Eurocurrency Rate Loan or
Alternative Currency Term Rate Loan and ending on the date one week or one, two, three or six months thereafter (in each case, subject to availability for the interest rate applicable to the relevant currency), as selected
by the applicable Borrower in its Committed Loan Notice, or such other period that is twelve months or less requested by the applicable Borrower and consented to by all the Appropriate Lenders; provided that: 

(i)    any Interest Period that would otherwise end on a day that is not a Business Day shall be extended
to the next succeeding Business Day unless, in the case of a Eurocurrency Rate Loan or an Alternative Currency Term
Rate Loan, such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(ii)    any Interest Period pertaining to a Eurocurrency Rate Loan or an Alternative Currency Term Rate Loan that begins on the last
Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest
Period (unless such Interest Period is for one
week); and 
 (iii)    no Interest
Period shall extend beyond the Maturity Date. 
 “Interest Rate Agreement” means any interest rate swap agreement, interest
rate cap agreement, interest rate collar agreement, interest rate hedging agreement or other similar agreement or arrangement, entered into (A) to hedge or mitigate risks to which the Company or any Subsidiary has actual or anticipated
exposure, and not for speculative purposes, (B) in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from floating to fixed rates or from one floating rate to another floating rate or otherwise), and not
for speculative purposes, with respect to any interest-bearing liability or investment of the Company or any Subsidiary. 

  
 41 

 “Investment” means (i) any direct or indirect purchase or other
acquisition by the Company or any of its Subsidiaries of, or of a beneficial interest in, any of the Securities of any other Person; (ii) any direct or indirect redemption, retirement, purchase or other acquisition for value, by any Subsidiary
of the Company from any Person, of any Equity Interests of such Person; (iii) any direct or indirect loan, advance (other than advances to employees, officers, directors or consultants for payroll, fees and other compensation, moving,
entertainment and travel expenses, drawing accounts and similar expenditures, in each case, in the ordinary course of business) or capital contributions by the Company or any of its Subsidiaries to any other Person, including all indebtedness and
accounts receivable from that other Person that are not current assets or did not arise from sales to that other Person in the ordinary course of business (excluding, in the case of the Company and its Subsidiaries, (a) intercompany loans,
receivables, advances, balances or Indebtedness having a term not exceeding 90 days (inclusive of all rollover or extension of terms) and entered into in the ordinary course of business and (b) intercompany licenses and related support and
royalty agreements); (iv) all investments consisting of any exchange-traded or over-the-counter derivative transaction, including any Interest Rate Agreement, Commodity
Price Protection Agreement or Currency Agreement, whether entered into for hedging or speculative purposes; and (v) the acquisition whether by purchase, merger or otherwise of all or substantially all of the assets of, or a business line, unit
or division of, any Person. For the avoidance of doubt, the formation of a Subsidiary shall not, in and of itself, constitute an Investment (but any capitalization or other initial or subsequent Investment in connection therewith shall constitute an
Investment). For purposes of covenant compliance, (i) the amount of any Investment shall be the original cost of such Investment of the type described in clauses (i), (ii) and (iii) plus the cost of all additions thereto, without any
adjustments for increases or decreases in value, or write-ups, write-downs or write-offs with respect to such Investment, but, giving effect to any returns or distributions of capital or repayment of principal
actually received in cash by such Person with respect thereto (but only to the extent that the aggregate amount of all such returns, distributions and repayments with respect to such Investment does not exceed the principal amount of such
Investment) and (ii) any modification, replacement, renewal or extension of an Investment (or any other conversion or exchange of one type of an Investment to or for another type of an Investment) shall be permitted (and shall not be deemed to
constitute another Investment) so long as the initial Investment was permitted and the amount of such Investment (after giving effect to such modification, replacement, renewal, extension, conversion or exchange) is not increased thereby other than
as otherwise permitted by Section 7.06 (including, without limitation, by using the unused portion of any baskets set forth in Section 7.06). 

“Investment Grade Securities” means each of the following investment securities (excluding, for the avoidance of doubt,
securities issued by an Affiliate of the Company) purchased in the ordinary course of the Company’s cash management operations consistent with its past practice: 

(i)    securities issued or directly and fully guaranteed or insured by the U.S. government or any agency or
instrumentality thereof (other than Cash Equivalents); 
 (ii)    investments in any fund that invests exclusively in
investments of the type described in clause (a) of this definition, which fund may also hold immaterial amounts of cash pending investment and/or distribution; 

  
 42 

 (iii)    corresponding instruments in countries other than the United
States customarily utilized for high-quality investments and, in each case, with maturities not exceeding two (2) years from the date of acquisition; and 

(iv)    securities that have a Moody’s rating of Baa3 or better and an S&P rating of BBB- or better and, in each case, with maturities not exceeding one (1) year from the date of acquisition. 

“IRS” means the United States Internal Revenue Service. 

“ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the
Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 

“Issuer Documents” means, with respect to any Letter of Credit, the Letter of Credit Application, and any other document,
agreement and instrument entered into by the L/C Issuer and the Company (or any Subsidiary) or in favor of the L/C Issuer and relating to such Letter of Credit. 

“ITA” means the Income Tax Act 2007. 

“Joinder Agreement” means an agreement substantially in the form of Exhibit L. 

“Judgment Currency” has the meaning specified in Section 10.19. 

“Junior Financing” means any unsecured indebtedness issued pursuant to and in accordance with Section 7.01(k) or
7.01(x), the Convertible Notes, the Senior Notes, Permitted Second Priority Refinancing Debt, Permitted Unsecured Refinancing Debt and any Permitted Incremental Equivalent Debt (other than Indebtedness secured as contemplated by clause (i)(A) of the
proviso to the definition thereof) and any Permitted Refinancing of any of the foregoing (and any Permitted Refinancing of any such Permitted Refinancing). 

“Latest Maturity Date” means, at any date of determination, the latest maturity or expiration date applicable to any Loan or
Commitment hereunder at such time, including the latest maturity or expiration date of any New Revolving Credit Commitments, New Term Loan Commitments, New Revolving Credit Loans, or New Term Loans, in each case as extended in accordance with this
Agreement from time to time. 
 “Laws” means, collectively, all international, foreign, federal, state and local statutes,
treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation
or administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“L/C Advance” means, with respect to each Revolving Credit Lender, such Revolving Credit Lender’s funding of its
participation in any L/C Borrowing in accordance with its Applicable Revolving Credit Percentage. All L/C Advances shall be denominated in Dollars. 

  
 43 

 “L/C Borrowing” means an extension of credit resulting from a drawing under
any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing. All L/C Borrowings shall be denominated in Dollars. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date
thereof, or the increase of the amount thereof. 
 “L/C Issuer” means (a) Bank of America, (b) JPMorgan Chase Bank, N.A., (c) with respect to the Existing Letters of
Credit, the Existing L/C Issuer and
(Cd) any other Lender that becomes an L/C Issuer in accordance with Section 2.03(l) and 10.06(g), in each case in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of
Credit hereunder. 
 “L/C Obligations” means, as at any date of determination, the aggregate amount available to be
drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit
shall be determined in accordance with Section 1.09. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule
3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

“Legal Reservations” means: 

(a)    the principle that equitable remedies may be granted or refused at the discretion of a court and the limitation of
enforcement by laws relating to insolvency, reorganization and other laws generally affecting the rights of creditors; 

(b)    the time barring of claims under U.K. Limitation Act 1980 and the U.K. Foreign Limitation Periods Act 1984 or
similar limitation acts in any other relevant jurisdiction, the possibility that an undertaking to assume liability for or indemnify a person against non-payment of stamp duty may be void and defenses of set-off or counterclaim; and 
 (c)    any other matters which are set out as
qualifications or reservations as to matters of law of general application in the legal opinions delivered to the Administrative Agent under Sections 4.01(a)(iv) and 4.03(a)(iii). 

“Lender” has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line
Lender. For the avoidance of doubt, upon this Agreement becoming effective until the First Amendment Effective Date, the 2017 Incremental Term Lenders and the 2017 Refinancing Term Lenders shall constitute “Lenders” for all purposes hereof and, from and after the First Amendment Effective Date until the Second Amendment Effective Date, the
2018 Refinancing Term Lenders shall constitute “Lenders” for all purposes hereof (together with the Revolving Credit Lenders) and
after the Second Amendment Effective Date, the 2021 Refinancing Term Lenders and the 2021 Refinancing Revolving Credit Lenders shall constitute the
“Lenders
” for
 all purposes herein. 
 “Lender Counterparty” means each
Lender, each Agent and each of their respective Affiliates counterparty to a Hedge Agreement (including any Person who is an Agent or a Lender (and any Affiliate thereof) as of the Closing Date or thereafter (so long as such Person was an Agent,
Lender or Affiliate of an Agent or Lender when becoming counterparty to a Hedge 

  
 44 

 
Agreement) even if such counterparty to the Hedge Agreement subsequently ceases to be an Agent, a Lender or an Affiliate of an Agent or Lender after becoming counterparty to a Hedge Agreement, as
the case may be). 

“
Lender Recipient Parties” mean,
 collectively, the Lenders, the Swing Line Lender and the L/C Issuer. 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s
Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Company and the Administrative Agent, which office may include any Affiliate of such Lender or any domestic or foreign branch of such Lender
or such Affiliate. Unless the context otherwise requires each reference to a Lender shall include its applicable Lending Office. 

“Letter of Credit” means a Multicurrency Letter of Credit or a USD Letter of Credit issued hereunder and each Existing Letter
of Credit. A Letter of Credit may be a commercial letter of credit or a standby letter of credit. 
 “Letter of Credit
Application” means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer. 

“Letter of Credit Expiration Date” means (a) with respect to any Multicurrency Letter of Credit, the day that is seven
days prior to the Maturity Date then in effect for the Multicurrency Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day) and (b) with respect to any USD Letter of Credit or any Existing Letter of
Credit, the day that is seven days prior to the Maturity Date then in effect for the USD Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day). 

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

“Letter of Credit Report” means a certificate substantially the form of Exhibit N or any other form approved by the
Administrative Agent. 
 “Letter of Credit Sublimit” means an amount equal to the lesser of (a) the Aggregate
Revolving Commitments and (b)
$100,000,000200,000,000
. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 

“LIBOR” has the meaning specified in the definition of Eurocurrency Rate. 

“LIBOR Daily Floating Rate” means a fluctuating rate of interest, which can change on each Business Day, equal to one month
LIBOR, or a comparable successor rate, which rate is approved by the Administrative Agent in its reasonable discretion (following consultation with the Borrower), as published on the Bloomberg screen page (or such other commercially available source
providing such quotations as may be designated by the Administrative Agent in its reasonable discretion from time to time) at approximately 11:00 a.m. London time two Business Days prior to the date in question, for Dollar deposits with a term
equivalent to one month beginning on that date; provided that to the extent a comparable or successor rate is approved by the Administrative Agent in its reasonable discretion (following consultation with the Borrower) in connection herewith,
the approved rate shall be applied in a manner consistent with market practice; provided, further that (a) to the extent such market practice is not administratively feasible for the Administrative Agent, such approved rate shall
be applied in a manner as otherwise reasonably determined by the Administrative Agent and (b) if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this agreement. 

  
 45 

 “LIBOR Daily Floating Rate Loan” means a Loan that bears interest at a rate
based on the LIBOR Daily Floating Rate. LIBOR Daily Floating Rate Loans shall only be available in Dollars. 
 “LIBOR Quoted Currency” means each of the following currencies: Dollars; Euro and Sterling, in each case as long as there is a published LIBOR
rate with respect thereto. 
 “LIBOR Successor Rate” has the meaning specified in
Section 3.03(c). 
 “LIBOR Successor Rate Conforming
Changes” has the meaning specified in
Section 3.03(c). 
 “Lien” means (i) any lien (statutory or other), mortgage, deed of
trust, pledge, assignment, security interest, charge or encumbrance of any kind (including any agreement to give any of the foregoing, any conditional sale or other title retention agreement, and any lease or license in the nature thereof) and any
option, trust or other preferential arrangement having the practical effect of any of the foregoing and (ii) in the case of Securities, any purchase option, call or similar right of a third party with respect to such Securities. 

“Limited Condition Acquisition” means any Permitted Acquisition which the Company or one or more of its Subsidiaries has
contractually committed to consummate, the terms of which do not condition the Company’s or such Subsidiary’s, as applicable, obligation to close such Permitted Acquisition on the availability of third-party financing. 

“Loan” means an extension of credit by a Lender to a Borrower under Article 2 in the form of a Term Loan, a Revolving Credit
Loan or a Swing Line Loan. 
 “Loan Document Obligations” means all obligations of any Loan Party from time to time owed to
any Agent (including any former Agent), Lenders or any of them, to the extent arising under any Loan Document, whether for principal, interest (including interest which, but for the filing of a petition in bankruptcy with respect to any Loan Party,
would have accrued on any Obligation, whether or not a claim is allowed against such Loan Party for such interest in the related bankruptcy proceeding), reimbursement of amounts drawn under Letters of Credit, fees, expenses, indemnification or
otherwise. 
 “Loan Documents” means, collectively, this Agreement, each Designated Borrower Request and Assumption
Agreement, each Note, each Issuer Document, any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.17, the Collateral Documents, the Fee Letter and all other documents, certificates, instruments
or agreements executed and delivered by or on behalf of a Loan Party for the benefit of any Agent, the L/C Issuer or any Lender in connection herewith on or after the Closing Date. 

“Loan Parties” means, collectively, the Borrowers and the Guarantors. 

“London Banking Day” means any day on which dealings in Dollar deposits are conducted by and between banks in the London
interbank eurodollar market. 

  
 46 

“
Managing
Agents”
 means
with respect to the 2021 Term Facility and the 2021 Revolving Credit Facility, Citizens Bank, N.A.,
Huntington National Bank and People’s United Bank, National
Association,
each of whom has been appointed to act in such
capacity. 
 “Material Acquisition” means a Permitted
Acquisition (or any other merger or acquisition permitted hereunder) with respect to which the aggregate amount of consideration for such Permitted Acquisition (or such other merger or acquisition) is at least $250,000,000 and the Company has
designated such Permitted Acquisition (or such other merger or acquisition) as a “Material Acquisition” by written notice to the Administrative Agent. 

“Material Adverse Effect” means a material adverse effect on and/or material adverse developments with respect to
(i) the business, operations, properties, assets or condition (financial or otherwise) of the Company and its Subsidiaries taken as a whole; (ii) the ability of the Loan Parties, taken as a whole, to fully and timely perform their
Obligations; or (iii) the rights, remedies and benefits available to, or conferred upon, any Agent and any Lender or any Secured Party under any Loan Document. 

“Material Contract” means any contract or other arrangement to which the Company or any of its Subsidiaries is a party (other
than the Loan Documents) for which breach, nonperformance, cancellation or failure to renew would reasonably be expected to have a Material Adverse Effect. 

“Material Real Estate Asset” means any fee-owned Domestic Real Estate Asset having a
book value in excess of $25,000,000 as of the date of (x) the acquisition thereof by a U.S. Loan Party or (y) the substantial completion of any improvements thereon by a U.S. Loan Party. 

“Maturity Date” means, with respect to the Revolving Credit Facility and the Term Facility, the Stated Maturity Date. 

“Minimum Collateral Amount” means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit
account balances provided to reduce or eliminate Fronting Exposure during the existence of a Defaulting Lender, an amount equal to 101% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time,
(ii) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.17(a)(i), (a)(ii) or (a)(iii), an amount equal to 101% of the Outstanding Amount of all LC
Obligations, and (iii) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion but not exceeding 103% of the Outstanding Amount of the applicable L/C Obligations. 

“MLPFS” means Merrill Lynch, Pierce, Fenner & Smith Incorporated. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Multicurrency Letter of Credit” has the meaning specified in Section 2.03(a). 

“Multicurrency Revolving Credit Borrowing” means a borrowing consisting of simultaneous Multicurrency Revolving Credit Loans
of the same Type and, in the case of Eurocurrency Rate Loans or Alternative Currency Term Rate Loans, having the same Interest Period made by the Multicurrency Revolving Credit Lenders pursuant to Section 2.01(b). 

  
 47 

 “Multicurrency Revolving Credit Commitment” means, as to each Lender, its
obligation to (a) make Multicurrency Revolving Credit Loans to the Borrowers pursuant to Section 2.01(b) and (b) (i) from the Closing Date until this Agreement became effective, purchase participations in L/C Obligations with respect
to Multicurrency Letters of Credit, in an aggregate principal amount at any one time outstanding not to exceed the Dollar Equivalent of the amount set forth opposite such Lender’s name on Schedule 2.01 (in effect immediately prior to this
Agreement becoming effective) under the caption “Multicurrency Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto (prior to this Agreement becoming
effective), as applicable, as such amount may be adjusted from time to time in accordance with this Agreement and (ii) after this Agreement became effective, purchase participations in L/C Obligations with respect to Multicurrency Letters of
Credit, in an aggregate principal amount at any one time outstanding not to exceed the Dollar Equivalent of the amount set forth opposite such Lender’s name on Schedule 2.01 (in effect upon this Agreement becoming effective) under the caption
“Multicurrency Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto (after this Agreement became effective), as applicable, as such amount may be
adjusted from time to time in accordance with this Agreement. 
 “Multicurrency Revolving Credit Commitment Termination
Date” means the earliest to occur of (i) the Maturity Date in respect of the Multicurrency Revolving Credit Facility, (ii) the date the Multicurrency Revolving Credit Commitments are permanently reduced to zero pursuant to
Section 2.05, and (iii) the date of the termination of the Multicurrency Revolving Credit Commitments pursuant to Section 8.02. 

“Multicurrency Revolving Credit Exposure” means, as to any Lender at any time, the aggregate Outstanding Amount at such time
of its Multicurrency Revolving Credit Loans and the aggregate Outstanding Amount of such Lender’s participation in L/C Obligations with respect to Multicurrency Letters of Credit. 

“Multicurrency Revolving Credit Facility” means, at any time, the aggregate amount of the Multicurrency Revolving Credit
Lenders’ Multicurrency Revolving Credit Commitments at such time. 
 “Multicurrency Revolving Credit Lender”
means, at any time, any Lender that has a Multicurrency Revolving Credit Commitment or a Multicurrency Revolving Credit Loan at such time. 

“Multicurrency Revolving Credit Loan” has the meaning specified in Section 2.01(b). 

“Multicurrency Revolving Credit Note” means a promissory note in the form of Exhibit
C-1.1, C-1.2 or C-1.3, as applicable, as amended, restated, amended and restated, supplemented or otherwise modified from time to
time. 
 “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to
which the Company or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

  
 48 

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

“Net Asset Sale Proceeds” means, with respect to any Asset Sale, an amount equal to: (i) Cash payments actually received
(including any Cash received by way of deferred payment pursuant to, or by monetization of, a note receivable or pursuant to a purchase price adjustment, earn-out or any contingent payment obligation to which
the applicable seller is entitled or otherwise, but only as and when such deferred Cash payment is so received or when released from an escrow or holdback) by the Company or any of its Subsidiaries from such Asset Sale, minus (ii) any
bona fide direct costs incurred in connection with such Asset Sale, including (a) any applicable transfer taxes or recording charges and any income or gains taxes payable by the seller as a result of any gain recognized in connection with such
Asset Sale and, without duplication of any reduction pursuant to Section 2.05(c)(ix), any repatriation costs associated with receipt by the applicable taxpayer of such proceeds, (b) payment of the outstanding principal amount of, premium
or penalty, if any, and interest on any Indebtedness (other than the Loans, Credit Agreement Refinancing Indebtedness, Permitted First Priority Refinancing Debt, Permitted Second Priority Refinancing Debt or any Permitted Incremental Equivalent Debt
to the extent secured) that is secured by a Lien on the stock or assets in question and that is required to be repaid under the terms thereof as a result of such Asset Sale, (c) any professional fees actually incurred in connection therewith,
including, without limitation, advisers, brokers, investment bankers, attorneys and accountants fees, (d) a reasonable reserve for any indemnification payments (fixed or contingent) attributable to seller’s indemnities and representations
and warranties to purchaser undertaken by the Company or any of its Subsidiaries in connection with such Asset Sale or any purchase price adjustment, deferred payment obligation, earn-out, contingent payment
obligation of the Company or any Subsidiary in respect of any such Asset Sale and (e) reasonable reserves under GAAP for any facilities closings, severance or other restructuring expenses in connection with such Asset Sale; provided that
the amount of any subsequent release or reduction of the reserves specified in clauses (d) and (e) above (other than in connection with a payment in respect of the applicable obligation or expense) shall be deemed to be Net Asset Sale Proceeds
on the date of such release or reduction). 
 “Net Equity Proceeds” means an amount equal to any Cash proceeds from a
capital contribution to, or the issuance of any Equity Interests of, the Company or any of its Subsidiaries, in each case net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including
reasonable legal fees and expenses and underwriter, arranger and placement agent fees and expenses.  
 “Net
Insurance/Condemnation Proceeds” means an amount equal to: (i) any Cash payments or proceeds received by the Company or any of its Subsidiaries (a) under any casualty insurance policy in respect of a covered loss thereunder or
(b) as a result of the taking of any assets of the Company or any of its Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power
under threat of such a taking, minus (ii) (a) any actual and reasonable costs incurred by the Company or any of its Subsidiaries in connection with the adjustment or settlement of any claims of the Company or such Subsidiary in respect
thereof, (b) any professional fees actually incurred in connection therewith, including, without limitation, advisers, brokers, investment bankers, attorneys and accountants, (c) any bona fide direct costs incurred in connection with any
sale of such assets as referred to in clause (i)(b) of this definition, including income taxes payable as a result of any gain recognized in connection therewith and (d) reasonable reserves under GAAP for any facilities closings, severance or
other restructuring expenses in connection with 

  
 49 

 
any such sale or insurance claim; provided that (1) the amount of any subsequent release or reduction of the reserves specified in clause (d) above (other than in connection with
a payment in respect of the applicable obligation or expense) shall be deemed to be Net Insurance/Condemnation Proceeds on the date of such release or reduction and (2) Net Insurance/Condemnation Proceeds shall not include any payments,
proceeds or any other amounts received by the Company or any of its Subsidiaries from any business interruption insurance policies. 

“Net Mark-to-Market Exposure” of a Person
means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Hedge Agreements or other Indebtedness of the type described in clause (xi) of the definition thereof.
As used in this definition, “unrealized losses” means the fair market value of the cost to such Person of replacing such Hedge Agreement or such other Indebtedness as of the date of determination (assuming the Hedge Agreement or
such other Indebtedness were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Hedge Agreement or such other Indebtedness as of the date of
determination (assuming such Hedge Agreement or such other Indebtedness were to be terminated as of that date). 
 “Net Senior
Secured Leverage Ratio” means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Senior Secured Net Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four (4)-Fiscal Quarter period ending on such
date. 
 “New Multicurrency Revolving Credit Commitments” has the meaning specified in Section 2.16. 

“New Multicurrency Revolving Credit Lender” has the meaning specified in Section 2.16. 

“New Multicurrency Revolving Credit Loan” has the meaning specified in Section 2.16. 

“New Revolving Credit Commitments” means the New Multicurrency Revolving Credit Commitment and/or the New USD Revolving
Credit Commitments, as the context may require. 
 “New Revolving Credit Lender” means a New Multicurrency Revolving Credit
Lender and/or a New USD Revolving Credit Lender, as the context may require. 
 “New Revolving Credit Loan” means a New
Multicurrency Revolving Credit Loan and/or a New USD Revolving Credit Loan, as the context may require. 
 “New Term Loan”
has the meaning specified in Section 2.16. 
 “New Term Loan Commitments” has the meaning specified in
Section 2.16. 
 “New Term Loan Exposure” means, with respect to any Lender, as of any date of determination, the
outstanding principal amount of the New Term Loans of such Lender. 
 “New Term Loan Lender” has the meaning specified in
Section 2.16. 

  
 50 

 “New Term Loan Maturity Date” means the date on which New Term Loans of a
Series shall become due and payable in full hereunder, as specified in the applicable Joinder Agreement, including by acceleration or otherwise. 

“New USD Revolving Credit Commitments” has the meaning specified in Section 2.16. 

“New USD Revolving Credit Lender” has the meaning specified in Section 2.16. 

“New USD Revolving Credit Loan” has the meaning specified in Section 2.16. 

“Non-Consenting Lender” means any Lender that does not approve any consent, waiver or
amendment that (i) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 10.01 and (ii) has been approved by the Required Lenders. 

“Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting
Lender at such time. 
 “Non-Extension Notice Date” has the meaning specified in
Section 2.03(b), 
 “Non-LIBOR Quoted
Currency” means any currency other
than a LIBOR Quoted Currency. 

“Non-Institutional Incremental Term Facility” means an Incremental Facility other
than an Institutional Incremental Term Facility. 
 “Non-Public Information” means
material non-public information (within the meaning of United States federal, state or other applicable securities laws) with respect to the Company or its Affiliates or their respective Securities. 

“Non-Reinstatement Deadline” has the meaning specified in Section 2.03(b). 

“Not Otherwise
Applied” means, with reference to
Consolidated Excess Cash Flow, Available ECF Amount or the Available Amount that is proposed to be applied to a particular use or transaction, that such amount has not previously been (and is not simultaneously being) applied to anything other than
such particular use or transaction (including, without limitation, Investments permitted under Section 7.06(h) or Restricted Junior Payments permitted under Section 7.04(k)). 
 “Note” means a Term Loan Note, a Revolving Credit Note or a Swing Line Note,
as the context may require. 
 “Notes Escrow Account” has the meaning set forth in the definition of “Permitted Escrow
Notes”. 
 “Notes Escrow Arrangements” has the meaning set forth in the definition of “Permitted Escrow
Notes”. 
 “Notes Proceeds” has the meaning set forth in the definition of “Permitted Escrow Notes”. 

  
 51 

 “Notice of Loan Prepayment” means a notice of prepayment with respect to a
Loan, which shall be substantially in the form of Exhibit F or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative
Agent), appropriately completed and signed by a Responsible Officer. 
 “Obligations” means (i) all Loan Document
Obligations, (ii) all Hedge Obligations and (iii) all Cash Management Obligations (excluding, in the case of clauses (ii) and (iii), the Excluded Swap Obligations). 

“Obligee Guarantor” has the meaning specified in Section 11.07. 

“OECD” has the meaning specified in the definition of Cash Equivalents. 

“Organizational Documents” means (i) with respect to any corporation or company, its certificate, memorandum or articles
of incorporation, organization or association, as amended, and its bylaws, as amended, (ii) with respect to any limited partnership, its certificate or declaration of limited partnership, as amended, and its partnership agreement, as amended,
(iii) with respect to any general partnership, its partnership agreement, as amended, (iv) with respect to any limited liability company, its articles of organization, as amended, and its operating agreement, as amended and (v) with
respect to any company incorporated in the United Kingdom, its memorandum of association, articles of association, certificate of incorporation, any certificates of change of name and any other constitutional documents, as amended. In the event any
term or condition of this Agreement or any other Loan Document requires any Organizational Document to be certified by a secretary of state or similar governmental official, the reference to any such “Organizational Document” shall only be
to a document of a type customarily certified by such governmental official. 
 “Original Credit Agreement” means that
certain Credit and Guaranty Agreement, dated as of May 29, 2015, among the Company, the U.K. Borrower, the Designated Borrowers from time to time party thereto, the Guarantors, the lenders party thereto and Bank of America, N.A. as
administrative agent, as in effect immediately prior to this Agreement becoming effective. 
 “Other Connection Taxes”
means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a
party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan
Document). 

“
Other Rate Early Opt-in”
means the Administrative Agent and the Borrower have elected to replace LIBOR with a Benchmark
Replacement other than a SOFR-based rate pursuant to (1) an Early Opt-in Election and (2) Section
 3.03(d
)(ii)
 and paragraph
(b) of
 the definition of
“Benchmark
 Replacement”.
 
 “Other Taxes” means all present or future stamp, court or
documentary, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise
with respect to, any Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06). 

  
 52 

 “Outstanding Amount” means (i) with respect to Multicurrency Revolving
Credit Loans on any date, the Dollar Equivalent amount of the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of such Multicurrency Revolving Credit Loans occurring on such date;
(ii) with respect to USD Revolving Credit Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of such USD Revolving Credit Loans occurring on such date;
(iii) with respect to Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of such Swing Line Loans occurring on such date; (iv) with respect
to Term Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of such Term Loans occurring on such date; and (v) with respect to any L/C Obligations on any
date, the Dollar Equivalent amount of the aggregate outstanding amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations
as of such date, including as a result of any reimbursements by the Company of Unreimbursed Amounts. 
 “Overnight Rate”
means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent, the L/C Issuer, or the Swing Line Lender, as the
case may be, in accordance with banking industry rules on interbank compensation, and (b) with respect to any amount denominated in an Alternative Currency, the rate of interest per annum at which overnight deposits in the applicable
Alternative Currency, in an amount approximately equal to the amount with respect to which such rate is being determined, would be offered for such day by a branch or Affiliate of Bank of America in the applicable offshore interbank market for such
currency to major banks in such interbank market. 
 “Participant” has the meaning specified in Section 10.06(d). 

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

“Participating Member State” means any member state of the European Union that has the Euro as its lawful currency in
accordance with legislation of the European Union relating to Economic and Monetary Union. 
 “Patriot Act” has the meaning
specified in Section 10.18 
 “PBGC” means the Pension Benefit Guaranty Corporation or any successor thereto. 

“Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which is subject to Sections 412 and 430 of
the Code or Sections 302 and 303 of ERISA. 
 “Perfection Certificate” means that certain Perfection Certificate dated as
of the Closing Date by and among the Administrative Agent and Loan Parties. 
 “Permitted Acquisition” means any
acquisition, directly or indirectly, by the Company or any of its wholly owned Subsidiaries, whether by purchase, merger, purchase followed by merger, or otherwise, of all or substantially all of the assets of, all of the Equity Interests (except
for any Equity Interests in the nature of directors’ qualifying shares required pursuant to applicable law) of, or a business line or unit or a division of, any Person; provided, 

  
 53 

 (a)    immediately prior to, and after giving effect thereto, no Default
or Event of Default shall have occurred and be continuing or would result therefrom; 
 (b)    all transactions in
connection therewith shall be consummated, in all material respects, in accordance with all applicable laws and in conformity with all applicable Governmental Authorizations; 

(c)    in the case of the acquisition of Equity Interests, after giving effect to such Permitted Acquisition, all of the
Equity Interests (except for any such Securities in the nature of directors’ qualifying shares required pursuant to applicable law) acquired or otherwise issued, directly or indirectly, by such Person or any newly formed Subsidiary of the
Company in connection with such acquisition shall be owned, directly or indirectly, 100% by the Company, and the Company shall have taken, caused to be taken, will take or will cause to be taken, each of the actions set forth in Section 6.10 in
accordance with provisions thereof and solely to the extent required by this Agreement; provided that the aggregate Investments made during any Fiscal Year of the Company
(commencing with the Company’s Fiscal Year ending in September 2018) by U.S. Loan Parties in Persons that will not be a U.S. Loan Party (or
assets that will not be owned by U.S. Loan Parties), in each case, after giving effect to such Permitted Acquisition, together with the aggregate amount of Investments made in such Fiscal Year following the Restatement
(commencing
 with the Fiscal Year during which the Second Amendment Effective Date occurs) by U.S.
Loan Parties in Subsidiaries that are not U.S. Loan Parties pursuant to Section 7.06(l), shall not exceed the greater of (x) $300,000,000 and (y)
3.520
% of the Total
AssetsConsolidated Adjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements are available as of the date of such Investment (after giving effect to such Investment); provided that such amount shall be unlimited if (I)(A) the
Company and the Guarantors comprise at least 80% of the Total Assets and Consolidated Adjusted EBITDA (after giving effect to such acquisition) and (B) the Net Senior Secured Leverage Ratio does not exceed 4.00:1.00 on a pro forma basis or
(II)(A) the Company and the Guarantors comprise less than 80% of the Total Assets and Consolidated Adjusted EBITDA (after giving effect to such acquisition) and (B) the Net Senior Secured Leverage Ratio does not exceed 3.503.75:1.00 on a pro forma basis; provided, further, that with respect to the Company’s Fiscal Year ending in September
2018,
 only such Investments made after the Restatement Date shall be included in the basket in this clause (c) for such Fiscal Year; 
 (d)    the Company and its Subsidiaries shall be in compliance with the
financial covenants set forth in Section 7.07 on a pro forma basis after giving effect to such acquisition as of the last day of the Fiscal Quarter for which financial statements have been delivered; 

(e)    in the event the purchase price of such Permitted Acquisition is greater than $250,000,000400,000,000
, the Company shall have delivered to the Administrative Agent (i) a Compliance Certificate evidencing compliance with Section 7.07 as required under clause (d) above, (ii)(A) all other
relevant financial information with respect to such acquired assets reasonably requested by Administrative Agent, including the aggregate consideration for such acquisition and any other information required to demonstrate compliance with
Section 7.07 and (B) in the event that purchase price of such Permitted Acquisition is greater than
$1,000,000,000, promptly upon request by the Administrative Agent, to the extent available, quarterly and annual financial statements of the Person whose Equity Interests or assets are being
acquired for the twelve (12)-month period immediately prior to such proposed Permitted Acquisition, including any audited financial statements that are available and (iii) to the extent filed with the SEC, a copy of the purchase agreement
related to the proposed Permitted Acquisition (in which case, the filing of such purchase agreement with the SEC shall be deemed to satisfy such requirement); and 

  
 54 

 (f)    any Person or assets or division as acquired in accordance
herewith shall be in a same business or lines of business in which the Company and/or its Subsidiaries are engaged as of the RestatementSecond Amendment Effective Date, including, without limitation, any
medical pharmaceutical, diagnostic, medical device, medical aesthetics, medical technology or other health or well-being oriented business and any businesses similar, related, ancillary or incidental thereto, or that is an adjunct thereto
(provided that the Administrative Agent consents to such adjunct if material), or a reasonable extension, development or expansion thereof. 

“Permitted Business Realignment Transaction” means (i) a Permitted Inter-Company License Transaction and/or (ii) a
Permitted R&D Cost Sharing Agreement. 
 “Permitted Escrow Notes” means Indebtedness of the Company incurred in
connection with a Permitted Refinancing of any Indebtedness permitted hereunder, including without limitation, the Senior Notes, (a) 100% of the net proceeds of the issuance of which (together with any interest earned on such proceeds, the
“Notes Proceeds”) either (x) are and remain deposited to an account (the “Notes Escrow Account”) of the Company or the applicable escrow agent (i) into which no other funds (other than interest earned on
the Notes Proceeds) are deposited and (ii) that is subject to escrow arrangements (the “Notes Escrow Arrangements”) reasonably satisfactory to the Administrative Agent or (y) are deposited as trust funds with the
trustee, administrative agent, collateral agent, lender or other such applicable person in regards to such Indebtedness permitted hereunder, including without limitation, the Senior Notes in accordance with the satisfaction, discharge and/or
defeasance provisions set forth in such Indebtedness (and/or the Indenture, note purchase agreement or other agreement pursuant to which such Indebtedness was issued) and (b) that is secured, if at all, solely by Liens on such Notes Escrow
Account and the Notes Proceeds held therein permitted under Sections 7.02(z)(i) and 7.02(dd). 
 “Permitted First Priority
Refinancing Debt” means any secured Indebtedness (including any Registered Equivalent Notes) incurred by the Company in the form of one or more series of senior secured notes; provided that (i) such Indebtedness is secured by
the Collateral on a pari passu basis (but without regard to the control of remedies) with the Obligations and under security documents substantially similar to the Collateral Documents and is not secured by any property or assets of the
Company or any Subsidiary other than the Collateral, (ii) such Indebtedness satisfies the requirements of clauses (a) through (c) of the definition of “Refinancing Indebtedness,” (iii) the maturity date of such Indebtedness shall
be no earlier than the Latest Maturity Date, (iv) such Indebtedness is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (except customary asset sale or change-of-control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case prior to the Latest Maturity Date at the time such Indebtedness is incurred,
(v) such Indebtedness is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Guarantors and the terms of such guarantee shall
not be nomaterially more favorable, taken as a whole, to the secured
partiesinvestors in respect of such Indebtedness
than the terms of the Guaranty provided hereunder, (vi) the holders of such Indebtedness (or their Senior Representative) and the Administrative Agent shall be party to an intercreditor agreement reasonably satisfactory to the Administrative
Agent and (vii) such Indebtedness shall have covenants, default and remedy provisions and other terms and conditions (other than interest, fees, premiums, funding discounts or optional prepayment provisions) that are substantially identical to,
or lessnot
materially more favorable, taken as a whole, to the investors providing such Permitted First Priority Refinancing Debt than, those set forth in this Agreement. 

  
 55 

 “Permitted Foreign Subsidiary Realignment Transaction” means any
transaction or series of transactions by and among the Company and or any of its Subsidiaries in connection with the realignment of the Company’s Foreign Subsidiaries, including without limitation to reduce the number of the Company’s
Foreign Subsidiaries, and in particular its First-Tier Foreign Subsidiaries, with the ultimate goal of creating one First-Tier Foreign Subsidiary to serve as a holding company for most if not all of the Company’s Foreign Subsidiaries. In
connection therewith: 
 (a)    the Company or any of its Subsidiaries may cause the formation of one or more new
Foreign Subsidiaries, it being understood that it is currently envisioned that the Company may form a new Foreign Subsidiary to serve as a holding company for some or all of the Company’s Foreign Subsidiaries; 

(b)    the Company or any other Subsidiary may transfer or otherwise dispose of a First-Tier Foreign Subsidiary and/or any
Equity Interest therein to the Company or any another Subsidiary, including without limitation in connection with a sale, merger, consolidation, amalgamation, capital contribution, distribution or dividend, redemption, incurrence or forgiveness of
indebtedness, or any similar transaction (a “First-Tier Drop Down”), with any consideration, if any, issued, paid or received in connection with such a transaction referred to herein as “Drop-Down Consideration”, it
being understood that there may be multiple transfers of First-Tier Foreign Subsidiaries and/or any Equity Interest therein between and among the Company and its Subsidiaries; 

(c)    the Company or any of its Subsidiaries may transfer or otherwise dispose of Drop-Down Consideration to the Company
or any other Subsidiary, including without limitation in connection with a sale, merger, consolidation, amalgamation, capital contribution, distribution or dividend, redemption, incurrence, amendment or forgiveness of indebtedness, or any similar
transaction, it being understood that there may be multiple transfers of Drop-Down Consideration between and among the Company and its Subsidiaries; 

(d)    one or more Foreign Subsidiaries, including First-Tier Foreign Subsidiaries may be liquidated, dissolved or wound
down; 
 (e)    there may be one or more conversions, changes in form of, or tax election by, any Foreign Subsidiary,
and the issuance of any new form of Equity Interests in connection with such change in form or election; 
 (f)    a
Foreign Subsidiary may transfer, sell, lease, license, distribute or otherwise Dispose of any or all of its assets to the Company or any of its Subsidiaries, or contribute any or all of its assets to any Subsidiary of such Foreign Subsidiary or
merge with any other Foreign Subsidiary; or 
 (g)    any transaction or series of transactions substantially equivalent
with any of the foregoing. 
 “Permitted Gen-Probe Asset Sale” means the sale
and/or Sale and Leaseback Transaction involving the Real Estate Assets of Gen-Probe located in San Diego, California with Net Asset Sale Proceeds less than or equal to $250,000,000, and occurring within thirty
six (36) months following the
RestatementSecond
Amendment Effective Date. 

  
 56 

 “Permitted Incremental Equivalent Debt” means any Indebtedness denominated
in Dollars incurred by the Company in the form of one or more series of secured or unsecured notes or loans; provided that (i) such Indebtedness shall either be (A) in the case of notes only, secured by the Collateral on a pari
passu basis (but without regard to the control of remedies) with the Obligations and shall not be secured by any property or assets of the Company or any Subsidiary other than Collateral or (B) secured by the Collateral on a junior basis
(including with respect to the control of remedies) with the Obligations and shall not be secured by any property or assets of the Company or any Subsidiary other than Collateral; provided that for the purpose of testing compliance with the
Incremental Cap at any time, all Permitted Incremental Equivalent Debt shall be deemed at all times to constitute Consolidated Senior Secured Debt, (ii) such Indebtedness shall not be at any time guaranteed by any Subsidiaries other than
Subsidiaries that are Guarantors and the terms of such guarantee shall not be
nomaterially
 more favorable, taken as a whole, to the secured partiesinvestors in respect of such Indebtedness than the terms of the Guaranty, (iii) the holders of such Indebtedness (or their Senior Representative) and the Administrative Agent shall be party to an intercreditor
agreement reasonably satisfactory to the Administrative Agent, (iv) such Indebtedness shall have covenants, default and remedy provisions and other terms and conditions (other than interest, fees, premiums, funding discounts or optional
prepayment or redemption provisions) that are substantially identical to, or lessnot materially more favorable, taken as a whole, to the investors providing such Permitted
Incremental Equivalent Debt than, those set forth in this Agreement (it being understood and agreed that any Permitted Incremental Equivalent Debt in the form of notes that are subject to terms comparable to the existing Senior Notes shall be deemed
lessnot
materially more favorable, taken as a whole, to the applicable investors providing such Permitted Incremental Equivalent Debt than those set forth in this Agreement), (v) there shall be no scheduled amortization of such Indebtedness, and such Indebtedness
shall not be subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (except customary asset sale or change-of-control provisions that provide
for the prior repayment in full of the Loans and all other Obligations), in each case prior to the Latest Maturity Date at the time such Indebtedness is incurred, (vi) the maturity date of such Indebtedness shall be no earlier than the Latest
Maturity Date and (vii) with respect to any notes or loans secured on a junior basis or any unsecured notes or loans, such Indebtedness shall also satisfy clauses (i), (ii), (iv) and (v) of the Permitted Junior Debt Conditions. For the
avoidance of doubt, Loans and Commitments incurred pursuant to Section 2.16 shall not constitute Permitted Incremental Equivalent Debt. 

“Permitted Inter-Company License Transaction” means one or more agreements providing for the license of rights to
Intellectual Property or any other intangible property (collectively, the “Intangible Property”) by the Company or any Domestic Subsidiary to one or more Foreign Subsidiaries and the related obligation, such as royalty or other
payment liabilities, that are determined in good faith by the Company to be at an arm’s length rate in exchange for such license, as determined in accordance with applicable Tax Laws; provided that (i) such license is expressly
subject to the Liens in favor of the Collateral Agent granted under this Agreement, (ii) (x) in the case of registered Intangible Property, such license does not allocate any Foreign Subsidiary as the record owner of such Intangible Property or
any improvements thereto and (y) in the case of unregistered Intangible Property, such license does not allocate any Foreign Subsidiary as the owner of such Intangible Property or any improvements thereto, (iii) in the event that any such
Foreign Subsidiary ceases to be a Subsidiary of the Company, such license to such Foreign Subsidiary shall no longer constitute a Permitted Inter-Company License 

  
 57 

 
Transaction and (iv) such license does not materially interfere with the conduct of the business of the Company and its Subsidiaries, taken as a whole, as conducted on the RestatementSecond Amendment
Effective Date (or as permitted by Section 7.11) or materially detract from the value of the Intangible Property of the Company and its Subsidiaries, taken as a whole. 

“Permitted Junior Debt Conditions” means that such applicable debt (i) is not scheduled to mature prior to the date that
is 180 days after the Latest Maturity Date, (ii) does not have scheduled amortization payments of principal or payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (except customary
asset sale or change-of-control provisions that provide for the prior repayment in full of the Loans and all other Obligations), in each case prior to the Latest
Maturity Date at the time such Indebtedness is incurred, (iii) is not at any time guaranteed by any Subsidiaries other than Subsidiaries that are Guarantors, and the terms of such guarantee shall not be nomaterially more favorable, taken as a whole, to the secured
partiesinvestors in respect of such Indebtedness
than the terms of the Guaranty, (iv) has no financial maintenance covenants, other than, in the case of any Indebtedness secured by a Lien on the Collateral that is junior to the Liens securing the Obligations (in which event the financial
maintenance covenants in the documentation governing such Indebtedness shall not be more restrictive than those set forth in this Agreement), (v) does not contain any provisions that cross-default to any Default or Event of Default hereunder, other
than a cross-default to an Event of Default pursuant to Section 8.01(a) at maturity (it being understood and agreed that such debt may contain cross-acceleration provisions with respect to the Loans and Commitments hereunder) and (vi) has
covenants, default and remedy provisions and other terms and conditions (other than interest, fees, premiums and funding discounts or optional prepayment or redemption provisions) that are substantially identical to, or lessnot materially
more favorable, taken as a whole, to the investors providing such debt than, those set forth in this Agreement. 

“Permitted Licenses” means (i) any licenses granted by the Company or a Subsidiary to third parties or by a third party
to the Company or any of its Subsidiaries in the ordinary course of business; (ii) any licenses granted by the Company or a Subsidiary to third parties in settlement of any dispute or litigation with third parties; (iii) any licenses
granted by the Company or a Subsidiary in settlement of any dispute or litigation with governmental regulatory authorities or otherwise necessary to comply with any legal or regulatory requirement; (iv) any licenses entered into with a third
party in connection with any strategic collaboration, including, without limitation, in connection with any Co-Development Agreement or any marketing, co-marketing,
distribution, manufacturing, outsourcing, supply or joint venture agreement or any similar arrangement; (v) the licensing of any non-core Intellectual Property; (vi) the licensing of any Intellectual
Property for an application other than an application for which the Company or any of its Subsidiaries uses such Intellectual Property, which, in the case of each of clauses (i), (ii), (iv), (v) and (vi) above, does not materially interfere
with the conduct of the Company’s or any of its Subsidiaries’ business as conducted on the RestatementSecond Amendment Effective Date (or as permitted by Section 7.11)
or materially detract from the value thereof, (vii) any license of Intellectual Property to effect or in furtherance of the Reorganization and (viii) any license of Intellectual Property by the Company and/or any of its Subsidiaries to the
Company and/or any of its Subsidiaries provided that such license is made in the ordinary course of business; provided that, with respect to any such exclusive license to any Foreign Subsidiary, such license qualifies as a Permitted
Inter-Company License Transaction. 
 “Permitted Liens” means each of the Liens permitted pursuant to
Section 7.02. 

  
 58 

 “Permitted R&D Cost Sharing Agreement” means one or more agreements
between and among the Company and one or more of its Subsidiaries to share in the costs and risks of developing Intangible Property (the “Cost Shared Intangibles”) in consideration of each party’s future benefits of such
Intangible Property, as estimated by the Company in good faith, which agreements may allocate to the Foreign Subsidiaries a party thereto the fully paid-up license to use (which may or may not be exclusive)
such Cost Shared Intangibles in one or more territories or, in the case of any Cost Shared Intangibles or any improvements thereto not included in the Collateral as of the Restatement Date, allocate to the Foreign Subsidiary as record owner of such
Cost Shared Intangibles or any improvements thereto; provided that (i) such license is expressly subject to the Liens in favor of the Collateral Agent granted under this Agreement, (ii) in the event that any such Foreign Subsidiary
ceases to be a Subsidiary of the Company, such license to such Foreign Subsidiary shall no longer constitute a Permitted R&D Cost Sharing Agreement and (iii) such license does not materially interfere with the conduct of the business of the
Company and its Subsidiaries, taken as a whole, as conducted on the
RestatementSecond
Amendment Effective Date (or as permitted by Section 7.11) or materially detract from the value of the Cost Shared Intangibles of the Company and its Subsidiaries, taken as a whole.

 “Permitted Refinancing” means, with respect to any Person, Indebtedness issued, incurred or otherwise obtained in
exchange for, or to extend, renew, replace or refinance, in whole or part, any Indebtedness of such Person (solely for purposes of this definition, “Refinanced Debt”); provided that (a) such Indebtedness has a later
maturity than and a weighted average life to maturity equal to or greater than the Refinanced Debt, (b) except as otherwise permitted hereunder (subject to
dollar-for-dollar reduction of any applicable basket) such Indebtedness shall not have a greater principal amount than the principal amount of the Refinanced Debt
plus accrued interest, fees and premiums (if any) thereon and reasonable fees and expenses associated with the refinancing (provided that the principal amount of such Indebtedness shall not include any principal constituting interest paid in
kind), (c) such Refinanced Debt shall be repaid, defeased or satisfied and discharged on a dollar-for-dollar basis, and all accrued interest, fees and premiums (if any)
in connection therewith shall be paid (by way of defeasance, discharge or otherwise), substantially concurrently with the incurrence of such Permitted Refinancing (for the avoidance of doubt, this subsection (c) shall be deemed satisfied if the
net proceeds of the Permitted Refinancing are deposited in the
Notes Escrow Account in accordance with the Notes Escrow Arrangements), (d) such Indebtedness shall not at any time be guaranteed by any Persons other than Persons that are guarantors of the Refinanced Debt, and the terms of such guarantee shall be no more favorable, taken as a whole, shall be no more favorable to the
secured
partiesinvestors in respect of such Indebtedness
than the terms of the guarantee of the Refinanced Debt, taken as a whole, (e) if the Refinanced Debt is secured, the terms and conditions relating to collateral for such Indebtedness shall be no more favorable, taken as a whole, shall be no more favorable to the
secured
partiesinvestors in respect of such Indebtedness
than the terms and conditions with respect to the collateral for the Refinanced Debt (and the Liens on any Collateral securing such Indebtedness shall have the same (or lesser) priority as the Refinanced Debt relative to the Liens on the Collateral
securing the Obligations), (f) if the Refinanced Debt is subordinated in right of payment to the Obligations, such Indebtedness shall be subordinated in right of payment to the Obligations on terms at least asnot materially
less favorable, taken as a whole, to the Lenders as the subordination terms applicable to the Refinanced Debt, (g) the terms and conditions of any such modified, refinanced, refunded, renewed, replaced, exchanged or Indebtedness (other than
interest, fees, premiums, funding discounts, optional prepayment/redemption provisions (including any premiums related thereto), guarantees, collateral, subordination and, with respect to the Convertible Notesany
convertible notes, conversion rates, conversion prices and, solely to conform to market terms in effect at the 

  
 59 

 
time of such Permitted Refinancing, the conditions to conversion) are, either (i) substantially identical to or
lessnot materially
more favorable, taken as a whole, to the investors providing such Permitted Refinancing, taken as a whole, than the terms and conditions of the Indebtedness being modified, refinanced, refunded, renewed, replaced, exchanged or extended or
(ii) when taken as a whole, not more restrictive to the Company and/or its Subsidiaries, as applicable, than those set forth in this Agreement (after giving effect to the addition of the Previously Absent Covenant pursuant to the immediately
following proviso in this clause (g)) or are customary for similar Indebtedness in light of the then current market conditions; provided that to the extent the documentation governing such Indebtedness includes a Previously Absent Covenant,
the Administrative Agent shall be given prompt written notice thereof and this Agreement shall be amended to include such Previously Absent Covenant for the benefit of each Facility; provided further that a certificate of a Responsible
Officer of the Company delivered to the Administrative Agent in good faith at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such
Indebtedness or drafts of the documentation relating thereto, stating that the Company has determined in good faith that such terms and conditions satisfy the requirement set out in this clause (g), shall be conclusive evidence that such terms and
conditions satisfy such requirement unless the Administrative Agent provides notice to the Company of its objection within five Business Days after receiving such notice (including a reasonable description of the basis upon which it objects) and
(h) at the time thereof, no Default or Event of Default shall have occurred and be continuing. 
 “Permitted Second
Priority Refinancing Debt” means secured Indebtedness (including any Registered Equivalent Notes) incurred by the Company in the form of one or more series of second lien (or other junior lien) secured notes or second lien (or other junior
lien) secured loans; provided that (i) such Indebtedness shall be secured by the Collateral on a second priority (or other junior priority) basis to the Liens securing the Obligations and under security documents substantially similar to
(or lessnot
materially more favorable, taken as a whole, to the investors providing such Permitted Second Priority Refinancing Debt than) the Collateral Documents and the obligations in respect of any Permitted First Priority Refinancing Debt and not secured by any
property or assets of the Company or any Subsidiary other than the Collateral, (ii) such Indebtedness shall satisfy the requirements of clauses (a) through (c) of the definition of “Refinancing Indebtedness,” (iii) the holders of
such Indebtedness (or their Senior Representative) and Administrative Agent shall be party to an intercreditor agreement reasonably satisfactory to the Administrative Agent and (iv) such Indebtedness shall otherwise meet the Permitted Junior
Debt Conditions. 
 “Permitted Unsecured Refinancing Debt” means unsecured Indebtedness (including any Registered
Equivalent Notes) incurred by the Company in the form of one or more series of senior or subordinated unsecured notes or loans; provided that such Indebtedness (i) satisfies the requirements of clauses (a) through (c) of the
definition of “Refinancing Indebtedness” and (ii) meets the Permitted Junior Debt Conditions. 
 “Person”
means and includes natural persons, corporations, limited partnerships, general partnerships, limited liability companies, limited liability partnerships, joint stock companies, joint ventures, associations, companies, trusts, banks, trust
companies, land trusts, business trusts or other organizations, whether or not legal entities, and Governmental Authorities. 

“Personal Property Collateral” means all Collateral other than Real Estate Assets. 

“Platform” has the meaning specified in Section 6.01(m). 

  
 60 

 “Pledge and Security Agreement” means the Pledge and Security Agreement
executed by the Company and each Subsidiary Guarantor substantially in the form of Exhibit J, as it may be amended, restated, supplemented or otherwise modified from time to time. 

“Pledged Collateral” means any certificates evidencing any Certificated Securities and Pledged Equity Interests, and any
Instruments or Tangible Chattel Paper (each as defined in the Pledge and Security Agreement), described in Section 4.01 of the Pledge and Security Agreement. 

“Previously Absent Covenant” shall mean, at any time (x) any negative or financial covenant that is not included in this
Agreement at such time and (y) any negative or financial covenant in any other Indebtedness that is included in this Agreement at such time but with covenant levels that are more restrictive to the Company and its Subsidiaries than the covenant
levels included in this Agreement at such time. 
 “Prior Acquisition” means any acquisition, directly or indirectly, by
the Company or any of its wholly owned Subsidiaries, whether by purchase, merger or otherwise, of all or substantially all of the Equity Interests of, or a business unit, line of business or division of, any Person, which was consummated prior to
the Restatement Date (including, for the avoidance of doubt, the Gen-Probe Acquisition). 

“Priority Debt Cap” means, at any time of determination, an amount equal to the greater of (x) $750,000,0001,000,000,000
 and (y) 30% of the aggregate value60% of Consolidated Tangible Assets of the Company and its Subsidiaries set forth in the
then-most
recentAdjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements delivered (or required to have been delivered) pursuant to
Section 6.01(a) or (b)are available. 
 “Priority Incremental Obligations” has the meaning specified in
Section 2.16(a) hereof. 
 “Pro Forma Transaction” means any Investment that results in a Person becoming a
Subsidiary, any Permitted Acquisition, any Asset Sale that results in a Subsidiary ceasing to be a Subsidiary of the Company, any Investment constituting an acquisition of assets constituting a business unit, line of business or division of another
Person or a Disposition of a business unit, line of business or division of the Company or a Subsidiary, in each case whether by merger, consolidation, amalgamation or otherwise, and any other transaction that by the terms of this Agreement requires
a financial ratio test to be determined on a “pro forma basis” or to be given “pro forma effect.” 

“Projections” has the meaning specified in Section 5.25. 

“Public Lenders” means Lenders that do not wish to receive Non-Public Information
with respect to the Company, its Affiliates or its or their respective Securities. 
 “QFC
” has
 the meaning assigned to the term “qualified financial
contract” in,
 and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 

“Qualified Cash” means (i) unrestricted Cash or Cash Equivalents (including Cash or Cash Equivalents representing a
Convertible Note Repayment Reserve) of the U.S. Loan Parties which Cash and Cash Equivalents are held in deposit and/or security accounts subject to a control agreement in favor of the Collateral Agent to the extent required by the Pledge and
Security 

  
 61 

 
Agreement and not subject to any other Lien, claim or interest (other than Liens permitted pursuant to Section 7.02(a), 7.02(n)(i) (to the extent such Indebtedness is permitted by
Section 7.01(d)), Section 7.02(n)(iii)) or 7.02(z)) and (ii) all Cash or Cash Equivalents held in the Servicer Account and/or the Servicer Lockbox. 

“Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Guarantor that constitutes an “eligible
contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell, support or other
agreement under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 
 “Qualified Intercompany Note Transaction”
means a repurchase transaction or similar financing transaction in which the obligations of certain of the Loan Parties (constituting originators under a Qualified Receivables Transaction, provided that for the avoidance of doubt the Qualified
Intercompany Note Transaction is not required to be a Qualified Receivables Transaction) thereunder are secured or otherwise supported (including as “purchased securities” thereunder) by a lien on or sale of Securitization Intercompany
Note(s) (and a lien on certain cash collateral if so required thereunder and permitted hereunder). 
 “Qualified Receivables
Transaction” means any transaction or series of transactions that may be entered into by the Company or any of its Subsidiaries pursuant to which the Company or any of its Subsidiaries may sell, convey or otherwise transfer to: (1) a
Receivables Entity (in the case of a transfer by the Company or any of its Subsidiaries) or (2) any other Person (in the case of a transfer by a Receivables Entity), or may grant a security interest in any accounts receivable (whether now
existing or arising in the future) of the Company or any of its Subsidiaries, and any assets related thereto, including all collateral securing such accounts receivable, all contracts and all guarantees or other obligations in respect of such
accounts receivable, proceeds of such accounts receivable and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving accounts
receivable; provided that the financing terms, covenants, termination events and other provisions thereof shall be market terms at the time that such transaction is consummated (as determined in good faith by the chief financial officer of
the Company); provided further that the grant of a security interest in any accounts receivable of the Company or any of its Subsidiaries to secure Indebtedness permitted pursuant to Section 7.01(a), (o) or (p) shall not be deemed a
Qualified Receivables Transaction. 
 “Qualifying Lender” means (a) a Lender which is
beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document and is a Lender: (1) which is a bank (as defined for the purpose of section 879 of the ITA) making an advance under a Loan Document and is
within the charge to United Kingdom corporation tax as respects any payments of interest made in respect of that advance or would be within such charge as respects such payment apart from section 18A of the CTA; or (2) in respect of an advance
made under a Loan Document by a person that was a bank (as defined for the purpose of section 879 of the ITA) at the time that that advance was made and within the charge to United Kingdom corporation tax as respects any payments of interest made in
respect of that advance or (b) a Treaty Lender. 

“Real Estate Asset” means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Loan
Party in any real property. 

  
 62 

 “Real Estate Loan Borrower” means any Subsidiary of Company that incurs
Indebtedness permitted to be incurred pursuant to Section 7.01(z), provided that, (a) such entity does not own any material assets other than the Specified Owned Properties and (b) no portion of the Indebtedness or any other
obligations (contingent or otherwise) of such entity (A) is guaranteed by any Subsidiary (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness)), (B) is recourse to or obligates any Subsidiary (other
than Real Estate Loan Borrower) in any way or (C) subjects any property or asset of the Company or any Subsidiary (other than Real Estate Loan Borrower), directly or indirectly, contingently or otherwise, to the satisfaction thereof. 

“Real Property Facility” means any real property (including all buildings, fixtures or other improvements located
thereon) now, hereafter or heretofore owned, leased, operated or used by the Company or any of its Subsidiaries or any of their respective predecessors or Affiliates. 

“Receivables Entity” means (a) a Subsidiary of the Company that is designated by the board of directors of the Company
in resolutions certified by the secretary of the Company as a Receivables Entity, with an officers’ certificate certifying that such designation complies with the following conditions or (b) another Person engaging in a Qualified
Receivables Transaction with the Company, which Person engages in the business of the financing of accounts receivable, and: (1) in either of clause (a) or (b) above, no portion of the Indebtedness or any other obligations (contingent or
otherwise) of such entity (A) is guaranteed by the Company or any Subsidiary (excluding guarantees of obligations (other than the principal of, and interest on, Indebtedness) pursuant to Standard Securitization Undertakings), (B) is recourse to
or obligates the Company or any Subsidiary in any way (other than pursuant to Standard Securitization Undertakings) or (C) subjects any property or asset of the Company or any Subsidiary, directly or indirectly, contingently or otherwise, to
the satisfaction thereof (other than pursuant to Standard Securitization Undertakings); and (2) in the case of clause (b), (A) the entity is not an Affiliate of the Company or is an entity with which neither the Company nor any Subsidiary has
any material contract, agreement, arrangement or understanding other than on terms that the Company reasonably believes to be no less favorable to the Company or such Subsidiary than those that might be obtained at the time from Persons that are not
Affiliates of the Company and (B) is an entity to which neither the Company nor any Subsidiary has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating
results. 
 “Receiving Party” has the meaning specified in Section 3.01(g). 

“Recipient” means the Administrative Agent, any Lender, the L/C Issuer or any other recipient of any payment to be made by or
on account of any obligation of any Loan Party hereunder. 
 “Refinancing” has the meaning specified in
Section 4.01(a)(viii). 
 “Refinancing Amendment” means an amendment to this Agreement in form and substance
reasonably satisfactory to the Administrative Agent and the Company executed by each of (a) the Company and each other Loan Party, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any
portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.19. 

“Refinancing Indebtedness” means (i) Permitted First Priority Refinancing Debt, (ii) Permitted Second Priority
Refinancing Debt or (iii) Permitted Unsecured Refinancing Debt, in 

  
 63 

 
each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or
in part, existing Term Loans, or any then-existing Refinancing Indebtedness (solely for purposes of this definition, “Refinanced Debt”); provided that (a) there shall be no scheduled amortization of such Indebtedness,
(b) such Indebtedness shall not have a greater principal amount than the principal amount of the Refinanced Debt plus accrued interest, fees and premiums (if any) thereon and reasonable fees and expenses associated with the refinancing
(provided that the principal amount of such Indebtedness shall not include any principal constituting interest paid in kind) and (c) such Refinanced Debt shall be repaid, defeased or satisfied and discharged on a dollar-for-dollar basis, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, substantially concurrently with the incurrence of such
Refinancing Indebtedness in accordance with the provisions of Section 2.05. 
 “Refinancing Multicurrency Revolving Credit
Commitments” means Multicurrency Revolving Credit Commitments established pursuant to a Refinancing Amendment. 

“Refinancing Multicurrency Revolving Credit Lender” means a Lender with a Refinancing Multicurrency Revolving Credit
Commitment or an outstanding Refinancing Multicurrency Revolving Credit Loan. 
 “Refinancing Multicurrency Revolving Credit
Loans” means the Multicurrency Revolving Credit Loans made pursuant to the Refinancing Multicurrency Revolving Credit Commitments. 

“Refinancing Revolving Credit Commitments” means the Refinancing Multicurrency Revolving Credit Commitments and/or the
Refinancing USD Revolving Credit Commitments, as the context may require. 
 “Refinancing Revolving Credit Lender” means a
Refinancing Multicurrency Revolving Credit Lender and/or a Refinancing USD Revolving Credit Lender, as the context may require. 

“Refinancing Revolving Credit Loans” means the Refinancing Multicurrency Revolving Credit Loans and/or the Refinancing USD
Revolving Credit Loans, as the context may require. 
 “Refinancing Term Loan Commitment” means the commitment of any
Lender to make Refinancing Term Loans pursuant to Section 2.19 to the applicable Borrower. 
 “Refinancing Term Loan
Lender” means a Lender with an outstanding Refinancing Term Loan. 
 “Refinancing Term Loans” means Term Loans
that result from a Refinancing Amendment. 
 “Refinancing USD Revolving Credit Commitments” means USD Revolving Credit
Commitments established pursuant to a Refinancing Amendment. 
 “Refinancing USD Revolving Credit Lender” means a Lender
with a Refinancing USD Revolving Credit Commitment or an outstanding Refinancing USD Revolving Credit Loan. 

  
 64 

 “Refinancing USD Revolving Credit Loans” means the USD Revolving Credit
Loans made pursuant to the Refinancing USD Revolving Credit Commitments. 
 “Register” has the meaning specified in
Section 10.06(c). 
 “Registered Equivalent Notes” means, with respect to any notes originally issued in a Rule 144A
or other private placement transaction under the Securities Act, substantially identical notes (having the same Guarantees) issued in a dollar-for-dollar exchange
therefor pursuant to an exchange offer registered with the SEC. 
 “Regulation T” means
Regulation T of the FRB, as in effect from time to time and all official rulings and interpretations thereunder or thereof. 

“Regulation U” means Regulation U of the FRB, as in effect from time to time and all official rulings
and interpretations thereunder or thereof. 
 “Regulation X” means Regulation X of the FRB, as in
effect from time to time and all official rulings and interpretations thereunder or thereof. 
 “Rejection Notice” has the
meaning specified in Section 2.05(c)(x). 
 “Related Parties” means, with respect to any Person, such Person’s
Affiliates and the, directors, officers, employees, agents, advisors and other representatives and successors and assigns of such Person and of such Person’s Affiliates. 

“Release” means any release, spill, emission, leaking, pumping, pouring, injection, escaping, deposit, disposal, discharge,
dispersal, dumping, leaching or migration of any Hazardous Material into or through the indoor or outdoor environment (including the abandonment or disposal of any barrels, containers or other receptacles containing any Hazardous Material). 

“
Relevant Governmental Body” means
 (a) with
 respect to Loans denominated in Dollars, the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York, (b) with
 respect to Loans denominated in Sterling, the Bank of England, or a committee officially endorsed or
convened by the Bank of England or, in each case, any successor thereto, (c) with respect to Loans denominated in Euros, the European Central Bank, or a committee officially endorsed or convened
by the European Central Bank or, in each case, any successor thereto, and (d) with respect to Loans denominated in any other Agreed Currency, (i) the
 central bank for the currency in which such Loan is denominated or any central bank or other supervisor
which is responsible for supervising either (x) such Successor Rate or
(y) the
 administrator of such Successor Rate or (ii) any working group or committee officially endorsed or convened by (w) the
 central bank for the currency in which such Successor Rate is denominated, (x) any central bank or other supervisor that is responsible for supervising either (A) such
 Successor Rate or
(B) the
 administrator of such Successor Rate, (y) a group of those central banks or other supervisors or (z) the
 Financial Stability Board or any part thereof. 
 “Relevant
Party” has the meaning specified in Section 3.01(g). 
 “Relevant
 Rate” means
 with respect to any Credit Extension denominated in (a) Dollars, LIBOR (or any Benchmark Replacement), (b) Sterling, SONIA, and (c) Euros,
 EURIBOR, as  

  
 65 

 
applicable, and with respect to any other Alternative Currency
added pursuant to Section 1.06(a), the rate as designated with respect to such Alternative Currency at the time such Alternative Currency is approved by
the Administrative Agent and the relevant Lenders pursuant to Section 1.06(a). 

“Removal Effective Date” has the meaning specified in Section 9.06(b). 

“Reorganization” means any Permitted Business Realignment Transaction and/or Permitted Foreign Subsidiary Realignment
Transaction, so long as, in the case of a Permitted Foreign Subsidiary Realignment Transaction, after giving effect thereto, (A) taken as a whole, the value of the Collateral securing the Obligations and the Guaranty by the Guarantors of the
Obligations are not materially reduced and (B) the Liens in favor of the Collateral Agent for the benefit of the Secured Parties under the Collateral Documents are not materially impaired (for the avoidance of doubt, the contribution of stock
in any First-Tier Foreign Subsidiary to any other Foreign Subsidiary, the contribution of Drop Down Consideration to any Foreign Subsidiary and the forgiveness and/or extinguishment of any Indebtedness constituting Drop Down Consideration,
individually or in the aggregate, shall not violate clause (A) or (B) above notwithstanding that the stock of such First-Tier Foreign Subsidiary and/or such Drop Down Consideration shall thereafter not constitute part of the Collateral). 

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

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

  
 66 

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

“
Rescindable Amount” has
 the meaning as defined in Section 
2.12(b)(ii).
 
 “Resignation Effective Date” has the meaning specified in
Section 9.06(a). 

“
Resolution Authority” means
 an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. 

“Responsible Officer” means the chief executive officer, president, chief financial officer, chief accounting officer,
treasurer, general counsel, deputy general counsel, assistant general counsel, assistant treasurer or corporate controller (or, in each such case, the equivalent position however titled) of a Loan Party, solely for purposes of the delivery of
incumbency certificates pursuant to Section 4.01 and 4.03, the secretary or any assistant secretary of a Loan Party and, solely for purposes of notices given pursuant to Article 2, any other officer or employee of the applicable Loan Party so
designated by any of the foregoing officers in a notice to the Administrative Agent or any other officer or employee of the applicable Loan Party designated in or pursuant to an agreement between the applicable Loan Party and the Administrative
Agent. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and
such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 
 “Restatement Date”
means the first date all of the conditions precedent in Section 4.03 are satisfied or waived in accordance with Section 10.01 and on which date the 2017 Incremental Term Loans and the 2017 Refinancing Term Loans are funded. 

“Restricted Junior Payment” means (i) any dividend or other distribution by the Company or any of its Subsidiaries,
direct or indirect, on account of any shares of any class of stock, respectively, of the Company or such Subsidiary (or on account of any shares of any class 

  
 67 

 
of stock of any direct or indirect parent of the Company), now or hereafter outstanding, except a dividend or distribution payable solely in Equity Interests (other than Disqualified Equity
Interests) of the Company; (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, by the Company or any of its Subsidiaries, of any shares of any class of stock,
respectively, of the Company or such Subsidiary (or on account of any shares of any class of stock of any direct or indirect parent thereof) now or hereafter outstanding, except to the extent in exchange for Equity Interests (other than Disqualified
Equity Interests) of the Company; (iii) any payment made by the Company or any of its Subsidiaries to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of stock,
respectively, of the Company or such Subsidiary (or any direct or indirect parent of the Company) now or hereafter outstanding, except to the extent such payment is made by the delivery of Equity Interests (other than Disqualified Equity Interests)
of the Company; (iv) any payment or prepayment of principal (other than regularly scheduled principal payments) or redemption, purchase or repurchase, retirement, defeasance (including in substance or legal defeasance), sinking fund, cash
settlement or similar payment with respect to Junior Financing prior to the scheduled maturity thereof, except to the extent such payment, repayment, redemption, purchase or repurchase is made by the delivery of Equity Interests (other than
Disqualified Equity Interests) of the Company and (v) payments with respect to restricted stock units. 
 “Revaluation
Date” means (a) with respect to any Multicurrency Revolving Credit Loan, each of the following: (i) each date of a Borrowing of a Eurocurrency Rate
Loan denominated in an Alternative Currency
Loan, (ii) each
 Interest Payment Date with respect to an Alternative Currency Daily Rate Loan, (iii) each date of a continuation of a Eurocurrency Rate Loan denominated in an Alternative Currency Term Rate Loan pursuant to Section 2.02, and (iiiiv) such additional dates as the Administrative Agent shall reasonably determine or the Required Multicurrency Revolving Credit Lenders shall require; and (b) with respect to any Multicurrency Letter of Credit,
each of the following: (i) each date of issuance of a Letter of Credit denominated in an Alternative Currency, (ii) each date of an amendment of any such Letter of Credit having the effect of increasing the amount thereof, (iii) each
date of any payment by the L/C Issuer under any Letter of Credit denominated in an Alternative Currency, and (iv) such additional dates as the Administrative Agent or the L/C Issuer shall reasonably determine or the Required Multicurrency
Revolving Credit Lenders shall require. 
 “Revolving Credit Borrowing” means a Multicurrency Revolving Credit
Borrowing and/or a USD Revolving Credit Borrowing, as the context may require. 
 “Revolving Credit Commitment” means a
Multicurrency Revolving Credit Commitment and/or a USD Revolving Credit Commitment, as the context may require. 
 “Revolving Credit
Facility” means, collectively, the Multicurrency Revolving Credit Facility and the USD Revolving Credit
Facility (for the avoidance of doubt, after the Second Amendment Effective Date, all references in this Agreement to
Revolving Credit Facility shall mean the 2021 Revolving Credit Facility). 

“Revolving Credit Lender” means a Multicurrency Revolving Credit Lender and/or a USD Revolving Credit Lender, as the context
may require. 
 “Revolving Credit Loan” means a Multicurrency Revolving Credit Loan and/or a USD Revolving Credit Loan, as
the context may require (for the avoidance of doubt, upon this 

  
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Agreement becoming effective, (i) prior to the First Amendment Effective Date, all Loans under the 2017 Revolving Credit Facility shall constitute Revolving Credit Loans and, (ii) thereafterprior to the
Second Amendment Effective Date, all Loans under the 2018 Revolving Credit Facility shall constitute Revolving Credit Loans and
(iii) thereafter,
 all Loans under the 2021 Revolving Credit Facility shall constitute the Revolving Credit Loans). 

“Revolving Credit Note” means a Multicurrency Revolving Credit Note and/or a USD Revolving Credit Note, as the context may
require. 
 “S&P” means Standard & Poor’s Financial Services LLC, a subsidiary of S&P Global Inc. and
any successor thereto. 
 “Sale and Leaseback Transaction” has the meaning specified in Section 7.09. 

“Sanctions” has the meaning specified in Section 5.27(b). 

“Same Day Funds” means (a) with respect to disbursements and payments in Dollars, immediately available funds, and
(b) with respect to disbursements and payments in an Alternative Currency, same day or other funds as may be reasonably determined by the Administrative Agent or the L/C Issuer, as the case may be, to be customary in the place of disbursement
or payment for the settlement of international banking transactions in the relevant Alternative Currency. 
 “Scheduled
Unavailability Date” has the meaning specified in Section 3.03(c). 
 “SEC” means the Securities and Exchange
Commission, or any Governmental Authority succeeding to any of its principal functions. 
 “Second
 Amendment” means Refinancing Amendment
No. 2
 to this Agreement dated September 27, 2021. 

“
Second Amendment Effective Date” means
 the
“Second
 Amendment Effective Date” as defined in the Second Amendment.  

“Securitization Intercompany Note” means an intercompany note issued by a Receivables Entity to an originator in connection
with a (i) Qualified Receivables Transaction and/or a (ii) Qualified Intercompany Note Transaction. 
 “Secured
Parties” has the meaning assigned to that term in the Pledge and Security Agreement. 
 “Securities” means any
stock, shares, partnership interests, voting trust certificates, certificates of interest or participation in any profit-sharing agreement or arrangement, options, warrants, bonds, debentures, notes or other evidences of indebtedness, secured or
unsecured, convertible, subordinated or otherwise, or in general any instruments commonly known as “securities” or any certificates of interest, shares or participations in temporary or interim certificates for the purchase or acquisition
of, or any right to subscribe to, purchase or acquire, any of the foregoing. 
 “Securities Act” means the Securities Act
of 1933, as amended from time to time, and any successor statute. 

  
 69 

“
Senior Managing Agents” means
 with respect to the 2021 Term Facility and the 2021 Revolving Credit Facility, DNB Bank ASA, New York,
Morgan Stanley Senior Funding, Inc., Sumitomo Mitsui Banking Corporation, BNP Paribas, Credit Agricole Corporate and Investment Bank, Fifth Third Bank, National Association, PNC Bank, National Association, Santander Bank, N.A., The Bank of Nova
Scotia, TD Bank, N.A. and U.S. Bank National Association, each of whom has been appointed to act in such
capacity. 

“Senior Notes” means (1) the
$950,000,000
4.3754.625% Senior Notes due 20252028 issued under the Indenture dated as of October 10, 2017January
 19, 2018 (as amended by the First Supplemental
Indenture, dated January
19May
 8, 2018, the Second Supplemental Indenture, dated May 8, 2018, and the Third Supplemental Indenture, dated November 9, 2018,
the Third Supplemental Indenture, dated as of
January 8,
 2019, the Fourth Supplemental Indenture, dated as of
January 8,
 2019, the Fifth Supplemental Indenture dated as of August 17, 2021, and as it may be further amended or supplemented from
time to time) by and among the Company, the Subsidiaries party thereto and Wells Fargo Bank, National
Association (or any successor trustee), as trustee (the “2025 Notes”), and any Permitted Refinancing thereof, and (2) the $400,000,000
4.6253.250% Senior Notes due 20282029 issued under the Indenture dated January 19, 2018September
 28, 2020 (as amended by the First Supplemental
Indenture, dated May 8, 2018 and the Second Supplemental Indenture, dated November 9, 2018,August
 17, 2021, and as it may be further amended or
supplemented from time to time) by and among the Company, the Subsidiaries party thereto and Wells Fargo Bank, National
Association (or any successor trustee), as trustee (the “2028 Notes”), and any Permitted Refinancing thereof. 

“Senior Representative” means, with respect to any series of Permitted First Priority Refinancing Debt, Permitted Second
Priority Refinancing Debt or secured Permitted Incremental Equivalent Debt, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or other agreement pursuant to which such Indebtedness is issued,
incurred or otherwise obtained, as the case may be, and each of their successors in such capacities. 
 “Series” has the
meaning specified in Section 2.16(a). 
 “Servicer Account” has the meaning assigned to that term in the Pledge and
Security Agreement. 
 “Servicer Lockbox” has the meaning assigned to that term in the Pledge and Security Agreement. 

“
SOFR” with
 respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s
 website (or any successor source) and, in each case, that has been selected or recommended by the Relevant Governmental Body. 

“
SOFR Early Opt-in”
means
the Administrative Agent and the Borrower have elected to replace LIBOR pursuant to (1) an
 Early Opt-in Election and (2) 
Section 3.03(d
)(i)
 and paragraph
(a) of
 the definition of
“Benchmark
 Replacement”.
 
 “Solvency Certificate” means a Solvency Certificate of the
chief financial officer of the Company substantially in the form of Exhibit M. 

  
 70 

 “Solvent” means, with respect to the Company and its Subsidiaries on a
consolidated basis, that as of the date of determination, both (i) (a) the sum of such Person’s debt (including contingent liabilities) does not exceed the present fair saleable value of such Parties’ present assets on a consolidated
basis; (b) such Person’s capital is not unreasonably small in relation to its business as contemplated on the RestatementSecond Amendment Effective Date or with respect to any transaction
contemplated to be undertaken after the
RestatementSecond
 Amendment Effective Date on a consolidated basis; and (c) such Persons have not incurred and do not intend to incur, or believe (nor should they reasonably believe) that they will incur,
debts beyond their ability to pay such debts as they become due (whether at maturity or otherwise) on a consolidated basis; and (ii) such Persons on a consolidated basis are not “insolvent” within the meaning given that term and
similar terms under the Bankruptcy Code and other applicable laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of
all of the facts and circumstances existing at such time, represents the amount that would reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under
Accounting Standards Codification 450 (previously referred to as Statement of Financial Accounting Standards No. 5)). 
 “SONIA
” means,
 with respect to any applicable determination date, the Sterling Overnight Index Average Reference Rate
published on the fifth Business Day preceding such date on the applicable Reuters screen page (or such other
commercially available source providing such quotations as may be designated by the Administrative Agent from time to time); provided however that if such determination date is not a Business Day, SONIA means such rate that applied on the first
Business Day immediately prior thereto. 
 “SONIA
 Adjustment” means, with respect to SONIA, 0.1193% per annum.  

“Special Notice Currency” means at any time an Alternative Currency, other than the currency of a country that is a member of
the Organization for Economic Cooperation and Development at such time located in North America or Europe. 
 “Specified Owned
Properties” means any Real Estate Asset (and any other property or assets directly related thereto) identified to the Administrative Agent prior to the
date hereofSecond
Amendment Effective Date. 
 “Spot Rate” for a currency means
the rate determined by the Administrative Agent or the L/C Issuer, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its
principal foreign exchange trading office at approximately 11:00 a.m. on the date two Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain
such spot rate from another financial institution designated by the Administrative Agent or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided
further that the L/C Issuer may use such spot rate quoted on the date as of which the foreign exchange computation is made in the case of any Multicurrency Letter of Credit denominated in an Alternative Currency. 

“Spread Overlay Agreements” means one or more bond hedges, warrants or other similar derivative transactions entered into by
the Company in connection with its issuance of Convertible Notes. 

  
 71 

 “Standard Securitization Undertakings” means representations, warranties,
covenants and indemnities entered into by the Company or any Subsidiary or another Receivables Entity that, taken as a whole, are customary in an accounts receivable transaction. 

“Stated Maturity Date” means December 15,
2023September
 25, 2026. 

“Sterling” and “£” mean the lawful currency of the United Kingdom. 

“Subordinated Indebtedness” means any Indebtedness subordinated in right of payment to the Obligations on terms reasonably
satisfactory to the Administrative Agent. 
 “Subsidiary” of a Person means a corporation, partnership, joint venture,
limited liability company or other business entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such
power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise
specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Company. 

“Subsidiary Guarantor” means each Domestic Subsidiary of the Company that has in effect an enforceable Guarantee
pursuant to Article 11 (excluding, for the avoidance of doubt, any Excluded Subsidiary). 

“
Successor Rate” has
 the meaning specified in Section 3.03(c). 

“Supplier” has the meaning specified in Section 3.01(g). 

“Swap Obligation” means, with respect to any Guarantor, or where applicable, the Company, any obligation to pay or perform under
any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act (including without limitation any Hedge Agreement). 

“SWIFT” has the meaning specified in Section 2.03(f). 

“Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04. 

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

“Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which shall be
substantially in the form of Exhibit B or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately
completed and signed by a Responsible Officer of the applicable Borrower. 

  
 72 

 “Swing Line Note” means a promissory note in the form of Exhibit C-2.1, C-2.2 or C-2.3, as applicable, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.

 “Swing Line Sublimit” means an amount equal to the lesser of (a) $50,000,000100,000,000
 and (b) the Aggregate USD Revolving Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate USD Revolving Commitments. 

“TARGET2” means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a
single shared platform and which was launched on November 19, 2007. 
 “TARGET Day” means any day on which TARGET2
(or, if such payment system ceases to be operative, such other payment system, if any, determined by the Administrative Agent to be a suitable replacement in consultation with the Company) is open for the settlement of payments in Euro. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding),
assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto, including without limitation, the U.S. medical device excise tax. 

“Term Borrowing” means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency
Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a). 
 “Term
Commitment” means, as to each Term Lender, (i) its obligation to make Term Loans to the Company on the Closing Date pursuant to Section 2.01(a) (in effect immediately prior to this Agreement becoming effective) in an aggregate
principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (in effect immediately prior to this Agreement becoming effective) under the caption “Term Commitment” or in
the Assignment and Assumption pursuant to which such Lender becomes a party hereto (prior to this Agreement becoming effective), as applicable, as such amount may be adjusted from time to time in accordance with this Agreement, (ii) immediately
after this Agreement became effective, its obligation to make Term Loans to the Company on the Restatement Date pursuant to Section 2.01(a) (in effect immediately after this Agreement became effective) in an aggregate principal amount at any
one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (in effect immediately after this Agreement became effective) under the caption “Term Commitment” or in the Assignment and Assumption
pursuant to which such Lender becomes a party hereto (after this Agreement became effective), as applicable, as such amount may be adjusted from time to time in accordance with this Agreement and (iii) as to any 2018 Refinancing Term Lender, its obligation to make 2018 Refinancing Term Loans to the Company on
the First Amendment Effective Date pursuant to Section 2.01(a) in the amount set forth opposite such 2018 Refinancing Term Lender’s name on Schedule 1 of the First Amendment (in effect on the First Amendment Effective Date).
and
(iv) as
 to any 2021 Refinancing Term Lender, its obligation to make 2021 Refinancing Term Loans to the Company on the Second Amendment Effective Date pursuant to
Section 2.01(a)
 in the amount set forth opposite such 2021 Refinancing Term Lender’s name on Schedule 1 of the Second Amendment (in effect on the Second Amendment Effective Date). 

  
 73 

 “Term Facility” means, at any time, the aggregate amount of the Term
Lenders’ Term Commitments at such time and, for the avoidance of doubt, shall mean (x) the 2017 Term Facility upon this Agreement becoming effective until the First Amendment Effective Date and, (y) from and after the First Amendment Effective Date until the Second Amendment Effective Date, the 2018 Term
Facility and
(z)
 from and after the
Second Amendment Effective Date, the 2021 Term
Facility. 
 “Term Lender” means, at any time, any Lender that
has a Term Commitment and/or Term Loan at such time and, (x) upon this Agreement becoming effective until the First Amendment
Effective Date, shall include each 2017 Incremental Term Lender and each 2017 Refinancing Term Lender and, (y) from and after the First Amendment Effective Date until the Second
Amendment Effective Date, shall include the 2018 Refinancing Term
Lenders and
(z) from
 and after the Second Amendment Effective Date, shall mean the 2021 Refinancing Term Lenders. 

“Term Loan” means (i) in regards to the Original Credit Agreement, those “Term Loans” outstanding under the
Original Credit Agreement prior to this Agreement becoming effective, (ii) after this Agreement became effective until the First Amendment Effective Date, the 2017 Incremental Term Loans, the 2017 Refinancing Term Loans and the 2018 Refinancing
Term Loans and (iii) from and after the First Amendment Effective Date until the Second
Amendment Effective Date, the 2018 Refinancing Term
Loans and
(iv) from
 and after the Second Amendment Effective Date, the 2021 Refinancing Term Loans. 

“Term Note” means a promissory note made by
any Borrower in favor of a Term Lender evidencing Term Loans made by such Term Lender, substantially in the form of Exhibit C-3. 

“Term Loan Exposure” means, as to any Lender at any time, the aggregate Outstanding Amount at such time of its Terms Loans;
provided that at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment. 

“Term Loan Installment” has the meaning specified in Section 2.07. 

“Term Loan Maturity Date” means the Maturity Date with regard to the Term Facility or the New Term Loan Maturity Date of any
Series of New Term Loans, as applicable. 

“Term Note
” means a promissory note made by any Borrower in favor of a Term Lender evidencing Term Loans made by such Term Lender, substantially in the form of Exhibit C-3. 

“
Term SOFR” means,
 for the applicable corresponding tenor (or if any Available Tenor of a Benchmark does not correspond to an Available Tenor for the applicable Benchmark Replacement, the closest corresponding Available Tenor and if such Available Tenor corresponds
equally to two Available Tenors of the applicable Benchmark Replacement, the corresponding tenor of the shorter duration shall be applied), the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant
Governmental Body. 
 “Test Period” has the meaning specified
in Section 1.10. 

  
 74 

 “Total Assets” means the total amount of all assets of the Company and its
Subsidiaries, determined on a consolidated basis in accordance with GAAP as shown on the then-most recent balance sheet of the Company. 

“Total Credit Exposure” means, as to any Lender at any time, (a) in respect of the Term Facility, the Term Loan Exposure
of such Lender outstanding at such time, (b) in respect of the Multicurrency Revolving Credit Facility, the unused Multicurrency Revolving Credit Commitments and Multicurrency Revolving Credit Exposure of such Lender at such time and
(c) in respect of the USD Revolving Credit Facility, the unused USD Revolving Credit Commitments and USD Revolving Credit Exposure of such Lender at such time. 

“Total Multicurrency Revolving Credit Outstandings” means the aggregate Outstanding Amount of all Multicurrency Revolving
Credit Loans and L/C Obligations with respect to Multicurrency Letters of Credit. 
 “Total Net Leverage Ratio” means the
ratio as of the last day of any Fiscal Quarter of (i) Consolidated Net Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four (4)-Fiscal Quarter period ending on such date. 

“Total Revolving Credit Outstandings” means, collectively, the Total Multicurrency Revolving Credit Outstandings and the
Total USD Revolving Credit Outstandings. 
 “Total USD Revolving Credit Outstandings” means the aggregate Outstanding
Amount of all USD Revolving Credit
Loans., Swing Line Loans and L/C Obligations with respect to USD Letters of Credit. 
 “Treaty
Lender” means a Lender which is treated as a resident of a Treaty State for the purposes of the Treaty and does not carry on a business in the United Kingdom through a permanent establishment with which that Lender’s participation in
the Loan is connected. 
 “Treaty State” means a jurisdiction having a double taxation agreement (a
“Treaty”) with the United Kingdom which makes provision for full exemption from Tax imposed by the United Kingdom on interest. 

“Type” means, with respect to a Loan, its character as a LIBOR Daily Floating Rate Loan, Base Rate Loan or a, Eurocurrency Rate Loan, an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan. 
 “UCC” means the Uniform Commercial Code (or any similar or equivalent
legislation) as in effect from time to time in any applicable jurisdiction. 
 “UCP” means, with respect to any Letter of
Credit, the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce (“ICC”) Publication No. 600 (or such later version thereof as may be in effect at the time of issuance). 

“
UK Financial Institution” means
 any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook (as amended from time to
time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 

  
 75 

“
UK Resolution Authority” means
 the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. 

“United States” and “U.S.” mean the United States of America. 

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

“U.K. Borrower” has the meaning specified in the introductory paragraph hereto. 

“U.K. Borrower Sublimit” means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $200,000,000250,000,000
. The U.K. Borrower Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 

“USD Letter of Credit” has the meaning specified in Section 2.03(a). 

“USD Revolving Credit Borrowing” means a borrowing consisting of simultaneous USD Revolving Credit Loans of the same Type
and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the USD Revolving Credit Lenders pursuant to Section 2.01(b). 

“USD Revolving Credit Commitment” means, as to each Lender, its obligation to make (a) USD Revolving Credit Loans to the
Borrowers pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations with respect to USD Letters of Credit and (c) (x) from the Closing Date until this Agreement became effective, purchase participations in Swing Line
Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect immediately before this Agreement became effective) under the caption “USD
Revolving Credit Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto (prior to this Agreement becoming effective), as applicable, as such amount may be adjusted from time to time in accordance
with this Agreement and (y) immediately after this Agreement became effective, purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such
Lender’s name on Schedule 2.01 (as in effect immediately after this Agreement became effective) under the caption “USD Revolving Credit Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party
hereto (after this Agreement became effective), as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. 

“USD Revolving Credit Commitment Termination Date” means the earliest to occur of (i) the Maturity Date in
respect of the USD Revolving Credit Facility, (ii) the date the USD Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.05, and (iii) the date of the termination of the USD Revolving Credit Commitments
pursuant to Section 8.02. 
 “USD Revolving Credit Exposure” means, as to any Lender at any time, the aggregate
Outstanding Amount at such time of its USD Revolving Credit Loans and the aggregate Outstanding Amount of such Lender’s participation in L/C Obligations in respect of USD Letters of Credit and Swing Line Loans at such time. 

“USD Revolving Credit Facility” means, at any time, the aggregate amount of the USD Revolving Credit Lenders’ USD
Revolving Credit Commitments at such time. 

  
 76 

 “USD Revolving Credit Lender” means, at any time, any Lender that has a USD
Revolving Credit Commitment or a USD Revolving Credit Loan at such time. 
 “USD Revolving Credit Loan” has the meaning
specified in Section 2.01(b). 
 “USD Revolving Credit Note” means a promissory note in the form of Exhibit C-4.1, C-4.2 or C-4.3, as applicable, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.

 “U.S. Loan Party” means any Loan Party that is not a Foreign Obligor. 

“U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code.

 “U.S. Tax Compliance Certificate” has the meaning specified in Section 3.01(e)(ii)(B)(3). 

“VAT” means: 
 (a)    any value
 added tax imposed by the Value Added Tax Act 1994; 
 (ab)    any tax imposed in compliance with the European Council
Directive of 28 November 2006 on the common system of value added tax (EC Directive 2006/112); and 
 (bc)    any other tax of a similar nature, whether imposed in
the United Kingdom or in a member state of the European
Union in substitution for, or levied in addition to, such tax referred to in paragraphparagraphs (a) or (b) above, or imposed elsewhere. 

“Weighted Average Yield” means with respect to any Indebtedness, on any date of determination, the weighted average yield to
maturity, in each case, based on the interest rate applicable to such Indebtedness on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan, as calculated by the Administrative Agent.

 “Write-Down and Conversion Powers” means,
(a)
 with respect to any EEA Resolution Authority, the
write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in
the EU Bail-In Legislation Schedule. and
(b)
 with respect to the
United Kingdom, any powers of the applicable Resolution Authority under the
Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that
liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that
liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers. 

Section 1.02.    Other Interpretive Provisions. With reference to this Agreement and each other Loan Document,
unless otherwise specified herein or in such other Loan Document: 
 (a)    The definitions of terms herein shall apply
equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the 

  
 77 

 
corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without
limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other
document (including any Organization Document) in any Loan Document (including without limitation any Exhibits and
Schedules thereto) shall be construed as referring to such agreement, instrument or other document as from time to time amended, restated, extended, supplemented or otherwise modified (subject to any
restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words
“hereto,” “herein,” “hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision
thereof, (iv) all references in a Loan Document to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, the Loan Document in which such references appear,
(v) any reference to any law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified, refer to such law or
regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets
and properties, including cash, securities, accounts and contract rights (but, for the avoidance of doubt, shall not include, in respect of a Person, the Equity Interests of, or other securities issued by, the same Person (which, for the avoidance
of doubt, shall be the asset of the holder of such Equity Interests)). 
 (b)    In the computation of periods of
time from a specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means
“to and including.” 
 (c)    Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 

(d)    If any item is required to be delivered, or any action is required to be taken, on a day other than a Business Day,
such item shall be required to be delivered, and such action shall be required to be taken, on the next following Business Day. 

(e)    For purposes of determining compliance with any of the covenants set forth in Article VII, in the event that any
Lien, Investment, Indebtedness, Asset Sale or other Dispositions,
Restricted Junior Payment, transaction with Affiliates, or prepayment of Indebtedness meets the criteria of one or more of the categories of transactions or exceptions permitted pursuant to the same Section, the Borrower may classify such Lien,
Investment, Indebtedness, Asset Sale or other Dispositions,
Restricted Junior Payment, transaction with Affiliates, or prepayment of Indebtedness (as applicable) (or portion thereof) at the time made or incurred, to one or more of such categories as determined by the Borrower in its sole discretion.

(f)    
(x) Immediately following the First Amendment Effective Date, all
amounts attributed to, outstanding under, invested, paid or disposed of pursuant to each dollar basket in Section 2.05(c) and Article 7 shall be deemed to be zero (and such dollar baskets shall be restored to the applicable amount stated
therein) and any such amounts previously attributed to, incurred, invested, disposed of or paid in reliance thereon shall be deemed to have been in place, outstanding or invested, disposed of or paid as of the Closing Date (and appropriately
scheduled) 

  
 78 

 
for all purposes hereunder provided that all amounts referenced in the definition of Available Amount and available for use as part of the Available Amount immediately before the First Amendment
Effective Date shall be left unchanged and available for use on and after the First Amendment Effective Date. and
(y) immediately
 following the Second Amendment Effective Date, all amounts attributed to, outstanding under, invested, paid or disposed of pursuant to each dollar basket in
Section 2.05(c)
 and Article 7 shall be deemed to be zero (and such dollar baskets shall be restored to the applicable amount stated therein) and any such amounts previously
attributed to, incurred, invested, disposed of or paid in reliance thereon shall be deemed to have been in
place, outstanding or invested, disposed of or paid as of the Second Amendment Effective Date (and appropriately scheduled) for all purposes hereunder. 

(g)    Any reference herein to a merger, transfer, consolidation, amalgamation, consolidation, assignment, sale,
disposition or transfer, or similar term involving a Delaware limited liability company, shall also be deemed to apply to a division of or by a Delaware limited liability company under Delaware law or an allocation of assets to a series of a
Delaware limited liability company under Delaware law (or the unwinding of such a division or allocation), as if it were a merger, transfer, consolidation, amalgamation, consolidation, assignment, sale or transfer, or similar term, as applicable,
to, of or with a separate Person. Any division of a Delaware limited liability company under Delaware law shall constitute a separate Person hereunder (and each division of any Delaware limited liability company under Delaware law that is a
Subsidiary, Excluded Subsidiary, joint venture or any other like term shall also constitute such a Person or entity). 

Section 1.03.    Accounting Terms. (a) Generally. All accounting terms not specifically or
completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP (as defined herein) applied on a consistent basis, as in effect from
time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed
herein (including in the definition of GAAP set forth
herein). Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the Company
and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities shall be disregarded. 

(b)    Changes in GAAP. If at any time any change in GAAP (including the adoption of IFRS), from that in effect for
preparing the Company’s consolidated financial statements for the Fiscal Year ended September 3025, 20172021, would affect any covenant or other provision of this Agreement, including without limitation, the computation of any financial ratio or requirement set forth in any Loan Document, and either the Company or the
Required Lenders shall so request, the Administrative Agent, the Lenders and the Company shall negotiate in good faith to amend such covenant or other provision to preserve the original intent thereof in light of such change in GAAP (subject to the
approval of the Required Lenders); provided that, until so amended, such covenant or other provision shall continue to be computed in accordance with GAAP prior to such change therein. Notwithstanding any other provisions set forth herein, leases
shall continue to be classified and accounted for on a basis consistent with that reflected in the Audited Financial Statements for all purposes of this Agreement, notwithstanding any change in GAAP relating thereto, unless the parties hereto shall
enter into a mutually acceptable amendment addressing such changes, as provided for above. 

  
 79 

 (c)    Consolidation of Variable Interest Entities. All references
herein to consolidated financial statements of the Company and its Subsidiaries or to the determination of any amount for the Company and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include
each variable interest entity that the Company is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein. 

Section 1.04.    Rounding. Any financial ratios required to be maintained by the Company pursuant to this
Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest
number (with a rounding-up if there is no nearest number). 

Section 1.05.    Exchange Rates; Currency Equivalents. (a) The Administrative Agent or the L/C Issuer, as
applicable, shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as
of such Revaluation Date and shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties hereunder or
calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as so calculated by the
Administrative Agent or the L/C Issuer, as applicable. 
 (b)    Wherever in this Agreement in connection with a
Borrowing, conversion, continuation or prepayment of a Eurocurrency
Ratean Alternative Currency Loan or the issuance,
amendment or extension of a Letter of Credit, an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Borrowing,
Eurocurrency
RateAlternative Currency Loan or Letter of Credit
is denominated in an Alternative Currency, such amount shall be the relevant Alternative Currency Equivalent of such Dollar amount (rounded to the nearest unit of such Alternative Currency, with 0.5 of a unit being rounded upward), as calculated by
the Administrative Agent or the L/C Issuer, as the case may be. 
 (c)    The Administrative Agent does not
warrant, nor accept responsibility, nor shall the Administrative Agent have any liability with respect to the administration, submission or any other matter related to the rates in the definition of “Alternative Currency Daily
Rate”,
 “Alternative
 Currency Term
Rate”,
 “Eurocurrency Rate” or with respect to any
comparable or successor rate
thereto.(including,
 for the avoidance of doubt, the selection of such rate and any related spread or other adjustment) that is an alternative or replacement for or successor to any such
rate (including, without limitation, any Successor Rate) or the effect of any of the foregoing, or of any Benchmark Replacement Conforming Changes or Conforming Changes, as applicable. 

Section 1.06.    Additional Alternative Currencies. (a) The Borrowers may from time to time after the
Closing Date request that Multicurrency Revolving Credit Loans that are Eurocurrency RateAlternative Currency Loans be made and/or Multicurrency Letters of
Credit be issued in a currency other than those specifically listed in the definition of “Alternative Currency;” provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely
transferable and convertible into Dollars. In the case of any such request with respect to the making of Multicurrency Revolving Credit Loans that are
Eurocurrency RateAlternative Currency Loans, such
request shall be subject to the approval of 

  
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the Administrative Agent and the Multicurrency Revolving Credit Lenders; and in the case of any such request with respect to the issuance of Multicurrency Letters of Credit, such request shall be
subject to the approval of the Administrative Agent and the L/C Issuer. 
 (b)    Any such request referenced in
Section 1.06(a) shall be made to the Administrative Agent not later than 11:00 a.m., six (6) Business Days prior to the date of the desired Credit Extension (or such other time or date requested by the Company and as may be agreed by the
Administrative Agent and, in the case of any such request pertaining to Multicurrency Letters of Credit, the L/C Issuer, in its or their solereasonable discretion). In the case of any such request pertaining to
Multicurrency Revolving Credit Loans that are Eurocurrency
RateAlternative Currency Loans, the Administrative
Agent shall promptly notify each Multicurrency Revolving Credit Lender thereof; and in the case of any such request pertaining to Multicurrency Letters of Credit, the Administrative Agent shall promptly notify the L/C Issuer thereof. Each
Multicurrency Revolving Credit Lender (in the case of any such request pertaining to Multicurrency Revolving Credit Loans that are Eurocurrency
RateAlternative Currency Loans) or the L/C Issuer
(in the case of a request pertaining to Multicurrency Letters of Credit) shall notify the Administrative Agent, not later than 11:00 a.m., two (2) Business Days after receipt of such request whether it consents, in its sole discretion, to the
making of Multicurrency Revolving Credit Loans that are Eurocurrency
RateAlternative Currency Loans, or the issuance of
Multicurrency Letters of Credit, as the case may be, in such requested currency. 
 (c)    Any failure by a
Multicurrency Revolving Credit Lender or the L/C Issuer, as the case may be, to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by such Multicurrency Revolving Credit Lender or the
L/C Issuer, as the case may be, to permit Multicurrency Revolving Credit Loans that are Eurocurrency RateAlternative Currency Loans to be made or Multicurrency Letters of Credit
to be issued in such requested currency. If the Administrative Agent and all the Multicurrency Revolving Credit Lenders consent to making Multicurrency
Revolving Credit Loans that are Eurocurrency Rate Loans inAlternative Currency Loans in such requested
currency and the Administrative Agent and such Lenders reasonably determine that an appropriate interest rate is available to be used for such requested currency, the Administrative Agent shall so
notify the Company and
(i)
 the Administrative Agent and such Multicurrency Revolving Credit
Lenders may amend the definition of Alternative Currency Daily Rate or Alternative Currency Term Rate to the
extent necessary to add the applicable rate for such currency and any applicable adjustment for such rate and
(ii) to
 the extent the definition of Alternative Currency Daily Rate or Alternative Currency Term Rate, as applicable, has been amended to reflect the appropriate rate for such currency, such currency
shall thereupon be deemed for all purposes to be an Alternative Currency hereunder for purposes of any Multicurrency Revolving Credit Borrowings of Eurocurrency
RateAlternative Currency Loans; and if the
Administrative Agent and the L/C Issuer consent to the issuance of Multicurrency Letters of Credit in such requested currency, the Administrative Agent shall so notify the Company and (iii)
 the Administrative Agent and the L/C Issuer may amend the definition of Alternative Currency Daily
Rate or Alternative Currency Term Rate, as applicable, to the extent necessary to add the applicable rate for such currency and any applicable adjustment for such rate and (iv) to
 the extent the definition of Alternative Currency Daily Rate or Alternative Currency Term Rate, as applicable, has been amended to reflect the appropriate rate for such currency, such currency
shall thereupon be deemed for all purposes to be an Alternative Currency hereunder for purposes of any Multicurrency Letter of Credit issuances. If the Administrative Agent shall fail to obtain consent to any request for an additional currency under
this Section 1.06, the Administrative Agent shall promptly so notify the Company. 

  
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 Section 1.07.    Change of Currency. (a) Each
obligation of the Borrowers to make a payment denominated in the national currency unit of any member state of the European Union that adopts the Euro as its lawful currency after the Closing Date shall be redenominated into Euro at the time of such
adoption. If, in relation to the currency of any such member state, the basis of accrual of interest expressed in this Agreement in respect of that currency shall be inconsistent with any convention or practice in the London interbank market for the
basis of accrual of interest in respect of the Euro, such expressed basis shall be replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency; provided that if any Committed
Borrowing in the currency of such member state is outstanding immediately prior to such date, such replacement shall take effect, with respect to such Committed Borrowing, at the end of the then current Interest Period. 

(b)    Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative
Agent may from time to time specify to be appropriate to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro. 

(c)    Each provision of this Agreement also shall be subject to such reasonable changes of construction as the
Administrative Agent may from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency. 

Section 1.08.    Times of Day. Unless otherwise specified, all references herein to times of day shall be
references to Eastern time (daylight or standard, as applicable). 
 Section 1.09.    Letter of Credit
Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the Dollar Equivalent of the stated amount of such Letter of Credit in effect at such time; provided, however, that with
respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the Dollar
Equivalent of the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. 

Section 1.10.    Pro Forma Calculations. 

(a)    Notwithstanding anything to the contrary herein, the Net Senior Secured Leverage Ratio, the Total Net Leverage Ratio
and the Interest Coverage Ratio shall be calculated in the manner prescribed by this Section 1.10; provided that, notwithstanding anything to the contrary herein, when calculating any such ratio for the purpose of the definition of
Applicable Rate, any mandatory prepayment provision hereunder or compliance with Section 7.07, the events set forth in clauses (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro
forma effect. 
 (b)    For purposes of calculating the Net Senior Secured Leverage Ratio, the Total Net Leverage Ratio
and the Interest Coverage Ratio, Pro Forma Transactions (and the incurrence or repayment of any Indebtedness in connection therewith) that have been consummated (i) during the applicable period of four (4) consecutive Fiscal Quarters for
which such financial ratio is being determined (the “Test Period”) or (ii) subsequent to such Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made, shall be calculated on
a pro forma basis assuming that all such Pro Forma Transactions (and any increase or decrease in Consolidated Adjusted EBITDA and the component financial definitions used therein attributable to any Pro Forma Transaction) had occurred on the first
day of the applicable Test Period. 

  
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 (c)    Whenever pro forma effect is to be given to a Pro Forma
Transaction, the pro forma calculations shall be made in good faith by a financial or accounting Responsible Officer of the Company and may include, for the avoidance of doubt, the amount of synergies and cost savings projected by the Company from
actions taken or expected to be taken during the 12-month period following the date of such Pro Forma Transaction, net of the amount of actual benefits theretofore realized during such period from such
actions; provided that (i) such amounts are reasonably identifiable, quantifiable and factually supportable in the good faith judgment of the Company, (ii) no amounts shall be added pursuant to this clause (c) to the extent
duplicative of any amounts that are otherwise added back in computing Consolidated Adjusted EBITDA, whether through a pro forma adjustment or otherwise, with respect to such period and (iii) the aggregate amount of cost savings and synergies
added pursuant to this clause (c) for any such period, together with any addback to Consolidated Adjusted EBITDA pursuant to paragraph (f) thereof, during any such period, shall not exceed 15% of Consolidated Adjusted EBITDA for such
period, calculated without giving effect to any adjustment pursuant to this clause (c) or paragraph (f) of the definition of Consolidated Adjusted EBITDA. Nothing in this clause (c) shall limit any adjustment to Consolidated Adjusted
EBITDA permitted pursuant to clause (y) of the proviso to paragraph (f) of the definition of Consolidated Adjusted EBITDA. 

(d)    In the event that the Company or any Subsidiary incurs (including by assumption or guarantees) or repays (including
by redemption, repayment, retirement or extinguishment) any Indebtedness included in the calculations of the Net Senior Secured Leverage Ratio or the Total Net Leverage Ratio (other than Indebtedness incurred or repaid under any revolving credit
facility in the ordinary course of business for working capital purposes), subsequent to the end of the applicable Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made, then the Net Senior
Secured Leverage Ratio or the Total Net Leverage Ratio, as applicable, shall be calculated giving pro forma effect to such incurrence or repayment of Indebtedness, to the extent required, as if the same had occurred on the last day of the applicable
Test Period. 
 (e)    All ratios and other financial metrics, including, without limitation, “Total Assets”, “Consolidated Tangible Assets”, “Total Net Leverage Ratio”, and “Net Senior Secured Leverage Ratio”, shall be calculated based on the then-most recent financial statements delivered (or required to have
been delivered) pursuant to Section 6.01(a) or (b). 
 ARTICLE 2 

THE COMMITMENTS AND CREDIT EXTENSIONS 

Section 2.01.    The Loans. 

(a)    The Term Borrowing. (i) Subject to the terms and conditions set forth herein, each Term Lender severally
agrees to make a single loan to the Company in Dollars on the Closing Date in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Term Commitment (in effect prior to this Agreement becoming effective),
(ii) subject to the terms and conditions set forth herein, (x) each 2017 Incremental Term Lender with a 2017 Incremental Term Commitment severally agrees to make its portion of the 2017 Incremental Term Loan on the Restatement Date in
accordance with the provisions set forth herein and (y) 

  
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each 2017 Refinancing Term Lender with a 2017 Refinancing Term Commitment severally agrees to make its portion of the 2017 Refinancing Term Loan on the Restatement Date in accordance with the
provisions set forth herein and, (iii) subject to the terms and conditions set forth herein and in
the First Amendment, each 2018 Refinancing Term Lender with a 2018 Refinancing Term Commitment severally agrees to make its portion of the 2018 Refinancing Term Loan on the First Amendment Effective Date in accordance with the provisions set forth
herein and in the First Amendment and (iv) subject
 to the terms and conditions set forth herein and in the Second Amendment, each 2021 Refinancing Term Lender
with a 2021 Refinancing Term Commitment severally agrees to make its portion of the 2021 Refinancing Term Loan on the Second Amendment Effective Date in accordance with the provisions set forth
herein and in the Second Amendment (each such loans in this sentence, a “Term Loan”). For all purposes hereof, (i) the 2017 Term Loans shall constitute Term Loans until the
First Amendment Effective Date and, (ii) the 2018 Refinancing Term Loans shall constitute Term Loans
on and after the First Amendment Effective Date until the Second Amendment Effective Date and (iii) the
 2021 Refinancing Term Loans shall constitute Term Loans on and after the Second Amendment Effective Date. The 2017 Refinancing Term Loans shall refinance and repay in full the Existing Terms A
Loan outstanding immediately prior to this Agreement becoming effective. The Term Borrowing on (i) the Closing Date shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Term Commitments (as in
effect on the Closing Date immediately prior to the making of the Term Loans on the Closing Date), (ii) the Restatement Date shall consist of 2017 Term Loans made simultaneously by the Term Lenders in accordance with their respective Term
Commitments (as in effect on the Restatement Date immediately prior to the making of the 2017 Term Loans on the Restatement Date) and, (iii) the First Amendment Effective Date shall consist of 2018 Refinancing Term Loans made simultaneously by the 2018 Refinancing Term Lenders in accordance with their respective 2018 Refinancing Term
Commitments (as in effect on the First Amendment Effective Date immediately prior to the making of the 2018 Refinancing Term Loans on the First Amendment Effective
Date) and
(iv) the
 Second Amendment Effective Date shall consist of 2021 Refinancing Term Loans made simultaneously by the 2021 Refinancing Term Lenders in accordance with their respective 2021 Refinancing Term Commitments (as in effect on the Second Amendment
Effective Date immediately prior to the making of the 2021 Refinancing Term Loans on the Second Amendment Effective Date).
Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans, LIBOR Daily Floating Rate Loans or Eurocurrency Rate Loans, as further provided herein. For the avoidance of doubt,
(i) the 2017 Incremental Term Loan shall not be subject to Section 2.16 of this Agreement or of the Original Credit Agreement (and shall not constitute a New Term Loan for any purpose hereunder or under the Original Credit Agreement)
and (ii) the 2017 Refinancing Term Loan shall not be subject to Section 2.19 of this Agreement or of the Original
Credit Agreement (and shall not constitute a Refinancing Term Loan for any purpose hereunder or under the Original Credit Agreement). and (iii) the
 2021 Refinancing Term Loan shall not be subject to Section 2.19 of this Agreement or of the Original Credit Agreement (and shall not constitute a Refinancing Term Loan for any
purposes hereunder or under the Original Credit Agreement). 

(b)    The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, (i) each
Multicurrency Revolving Credit Lender severally agrees to make loans (each such loan, a “Multicurrency Revolving Credit Loan”) to the applicable Borrower(s) in Dollars or in one or more Alternative Currencies from time to
time, on any Business Day during the Availability Period, with respect to each Class of Revolving Credit Facility, (xw) in the case of the Revolving Credit Facility in effect prior to the
Restatement Date, such Revolving Credit Facility from the Closing Date until the Restatement Date, (yx) in the case of the 2017 Revolving

  
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Credit Facility, from the Restatement Date until the First Amendment Effective Date and,
(zy) in the case of the 2018 Revolving Credit Facility, from and after the First
Amendment Effective Date until the Second Amendment Effective Date and (z) in
 the case of the 2021 Revolving Credit Facility, from and after the Second Amendment Effective Date, for the Multicurrency Revolving Credit Facility, in an aggregate amount not to exceed at any
time outstanding the amount of such Multicurrency Revolving Credit Lender’s Multicurrency Revolving Credit Commitment and (ii) each USD Revolving Credit Lender severally agrees to make loans (each such loan, a “USD Revolving
Credit Loan”) to the applicable Borrower(s) in Dollars from time to time, on any Business Day during the Availability Period with respect to each Class of Revolving Credit Facility, (xw) in the case of the Revolving Credit Facility in effect prior to the Restatement Date, such Revolving Credit Facility from the Closing Date until the Restatement Date, (yx) in the case of the 2017 Revolving Credit Facility, from the Restatement Date until the First Amendment Effective
Date and, (zy) in the case of the 2018 Revolving Credit Facility, from and after the First
Amendment Effective Date until the Second Amendment Effective Date and (z) in
 the case of the 2021 Revolving Credit Facility, from and after the Second Amendment Effective Date, for the USD Revolving Credit Facility, in an aggregate amount not to exceed at any time
outstanding the amount of such USD Revolving Credit Lender’s USD Revolving Credit Commitment; provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not
exceed the Aggregate Revolving Commitments, (ii) the Multicurrency Revolving Credit Exposure of any Multicurrency Revolving Credit Lender shall not exceed such Multicurrency Revolving Credit Lender’s Multicurrency Revolving Credit
Commitment, (iii) the USD Revolving Credit Exposure of any USD Revolving Credit Lender shall not exceed such USD Revolving Credit Lender’s USD Revolving Credit Commitment, (iv) the aggregate Outstanding Amount of all Revolving Credit
Loans made to the Designated Borrowers shall not exceed the Designated Borrower Sublimit, (v) the aggregate Outstanding Amount of all Multicurrency Revolving Credit Loans denominated in Alternative Currencies shall not exceed the Alternative
Currency Sublimit and (vi) the aggregate Outstanding Amount of all Revolving Credit Loans made to the U.K. Borrower shall not exceed the U.K. Borrower Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit
Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars
may be Base Rate Loans, LIBOR Daily Floating Rate Loans or Eurocurrency Rate Loans, as further provided herein. Revolving Credit Loans denominated in an Alternative Currency must be EurocurrencyAlternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as applicable. 

Section 2.02.    Borrowings, Conversions and Continuations of Loans. 

(a)    Each Revolving Credit Borrowing, each Term Borrowing, each conversion of Term Loans and Revolving Credit Loans from
one Type to the other, and each continuation of Alternative Currency Term Loans or Eurocurrency Rate Loans shall be made upon any Borrower’s irrevocable notice to the Administrative Agent, which may be given by (A) telephone or (B) a Committed Loan Notice; provided that any
telephonic notice must be confirmed promptly by delivery to the Administrative Agent of a Committed Loan Notice.    Each such Committed Loan Notice must be received by the Administrative Agent not later than 11:00 a.m.
(i) three Business Days prior to the requested date of any Borrowing of, conversion to or continuation of Eurocurrency Rate Loans denominated in Dollars or of any conversion of Eurocurrency Rate Loans denominated in Dollars to Base Rate Loans
or LIBOR Daily Floating Rate Loans,
(ii)(ii)
 four Business Days (or five Business Days in the case of a Special Notice Currency) prior to the requested date of any Borrowing or continuation of Eurocurrency 
of 

  
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Alternative Currency Loans or, in the case of
Alternative Currency Term Rate Loans denominated in Alternative Currencies, and (iii), any continuation, and (iii) on the requested date of any
Borrowing of Base Rate Loans or LIBOR Daily Floating Rate Loans; provided, however, that if any Borrower wishes to request
Alternative Currency Term Rate Loans or Eurocurrency Rate
Loans having an Interest Period other than one week or
one, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than 11:00
a.m. (i) four Business Days prior to the requested date of such Borrowing, conversion or continuation of Eurocurrency Rate Loans denominated in Dollars, or (ii) five Business Days (or six Business days in the case of a Special Notice
Currency) prior to the requested date of such Borrowing, conversion or continuation of EurocurrencyAlternative Currency Term Rate Loans denominated in Alternative Currencies, whereupon the Administrative Agent shall give prompt notice to the Appropriate Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. Not later than 11:00 a.m.,
(i) three Business Days before the requested date of such Borrowing, conversion or continuation of Eurocurrency Rate Loans denominated in Dollars, or (ii) four Business Days (or five Business days in the case of a Special Notice Currency) prior
to the requested date of such Borrowing, conversion or continuation of EurocurrencyAlternative Currency Term Rate Loans denominated in Alternative Currencies, the Administrative Agent shall notify the applicable Borrower (which notice may be by telephone) whether or not the requested Interest Period has been consented to by all the Appropriate Lenders. Each Borrowing
of, conversion to or continuation of Alternative Currency Loans or Eurocurrency Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base
Rate Loans or LIBOR Daily Floating Rate Loans shall be in a principal amount of the Dollar Equivalent of
$500,000 or a whole multiple of the Dollar Equivalent of
$100,000 in excess thereof. Each Committed Loan Notice shall specify (i) whether the applicable Borrower is requesting a Term Borrowing, a Multicurrency Revolving Credit Borrowing, a USD
Revolving Credit Borrowing, a conversion of Term Loans or Revolving Credit Loans from one Type to the other, or a continuation of
Alternative Currency Term Rate Loans or Eurocurrency Rate
Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be
borrowed or to which existing Loans are to be converted, (v) if applicable, the duration of the Interest Period with respect thereto, (vi) in the case of a Multicurrency Revolving Credit Borrowing, the currency of the Loans to be borrowed,
and (vii) in the case of a Revolving Credit Borrowing, the applicable Borrower. If the Company fails to specify a currency in a Committed Loan Notice requesting a Multicurrency Revolving Credit Borrowing, then the Multicurrency Revolving Credit
Loans so requested shall be made in Dollars. If the Company fails to specify whether a Revolving Credit Borrowing denominated in Dollars is a Multicurrency Revolving Credit Borrowing or a USD Revolving Credit Borrowing, the applicable Revolving
Credit Loans shall be allocated first, to the USD Revolving Credit Facility to the full extent of the then unused USD Revolving Credit Commitments and second, to the Multicurrency Revolving Credit Facility to the full extent of the
then unused Multicurrency Revolving Credit Commitments. If the Company fails to specify a Type of Loan in a Committed Loan Notice or if the Company fails to give a timely notice requesting a conversion or continuation, then the applicable Loans
shall be made as, or converted to, Base Rate Loans; provided, however, that in the case of a failure to timely request a continuation of Multicurrency
Revolving Credit Loans denominated in an Alternative Currency, such Multicurrency Revolving Credit Term Rate Loans, such Alternative Currency Term Rate Loans shall be
continued as
EurocurrencyAlternative
 Currency Term Rate Loans in their original currency with an Interest Period of one month. Any automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period
then in 

  
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effect with respect to the applicable Eurocurrency Rate Loans. If any Borrower requests a Borrowing of, conversion to, or continuation of Alternative Currency Term Rate Loans or Eurocurrency Rate Loans in any
such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. Notwithstanding anything to the contrary contained herein, (x) a Swing Line Loan may not be converted to a
Eurocurrency Rate Loan, (y) no Multicurrency Revolving Credit Loan may be converted into or continued as a Multicurrency Revolving Credit Loan denominated in a different currency, but instead must be prepaid in the original currency of
such Multicurrency Revolving Credit Loan and reborrowed in the other currency and (z) no Term Loan or USD Revolving Credit Loan may be converted into or continued as a Loan denominated in an Alternative Currency. 

(b)    Following receipt of a Committed Loan Notice, the Administrative Agent shall promptly notify each Appropriate
Lender of the amount (and currency) of its Applicable Percentage of the applicable Term Loans or Revolving Credit Loans, and if no timely notice of a conversion or continuation is provided by the applicable Borrower, the Administrative Agent shall
notify each Lender of the details of any automatic conversion to Base Rate Loans or continuation of Multicurrency Revolving Credit Loans denominated in a currency
other than DollarsAlternative Currency Term Rate Loans, in each case as described in Section 2.02(a). In the case of a Term Borrowing or a Revolving Credit Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent
in Same Day Funds at the Administrative Agent’s Office for the applicable currency not later than 1:00 p.m., in the case of any Loan denominated in Dollars, and not later than the Applicable Time specified by the Administrative Agent in the
case of any Multicurrency Revolving Credit Loan denominated in an Alternative Currency, in each case on the Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 4.02
(and, if such Borrowing is the initial Credit Extension on the Closing Date, Section 4.01 and if such Borrowing is a Credit Extension on the Restatement Date, Section 4.03), the Administrative Agent shall make all funds so received
available to the Company or the other applicable Borrowers in like funds as received by the Administrative Agent by the date requested in the Committed Loan Notice either by (i) crediting the account of such Borrower on the books of Bank of
America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the applicable Borrower; provided, however,
that if, on the date a Committed Loan Notice with respect to a Revolving Credit Borrowing denominated in Dollars is given by the applicable Borrower, there are L/C Borrowings outstanding, then the proceeds of such Revolving Credit Borrowing, first,
shall be applied to the payment in full of any such L/C Borrowings, and, second, shall be made available to the applicable Borrower as provided above. 

(c)    Except as otherwise provided herein,
an Alternative Currency Term Rate Loan or a Eurocurrency Rate Loan
may be continued or converted only on the last day of an Interest Period for such Alternative Currency Term Rate
Loan or Eurocurrency Rate Loan. During the existence of a Default, no Loans may be requested as,
or converted to Alternative Currency Daily Rate Loans or
converted to or continued as Alternative Currency Term Rate
Loans or Eurocurrency Rate Loans (whether in Dollars or any Alternative Currency) without the consent of the Required Lenders, and the Required Multicurrency Revolving Credit Lenders may
demand that any or all of the then outstanding
EurocurrencyAlternative
 Currency Rate Loans denominated in an Alternative Currency be, as
determined by the applicable Borrower, prepaid, or redenominated into Dollars in the amount of the Dollar Equivalent thereof, on the last day of the then current Interest Period or Interest Payment Date with respect thereto. For the avoidance of
doubt, the Company shall be permitted to set the last day of each Interest Period. 

  
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 (d)    The Administrative Agent shall promptly notify the Company and
the Lenders of the interest rate applicable to any Interest Period for Alternative Currency Term Rate Loans
or Eurocurrency Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Company and the Lenders of any
change in Bank of America’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 

(e)    After giving effect to all Term Borrowings, all conversions of Term Loans from one Type to the other, and all
continuations of Term Loans as the same Type, there shall not be more than ten Interest Periods in effect with respect to the Term Facility. After giving effect to all Revolving Credit Borrowings, all conversions of Revolving Credit Loans from one
Type to the other, and all continuations of Revolving Credit Loans as the same Type, there shall not be more than ten Interest Periods in effect with respect to the Revolving Credit Facility.  

(f)    Notwithstanding anything to the contrary in this Agreement, any Lender may exchange, continue or rollover all of
the portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Company, the Administrative Agent,
and such Lender. 
 Section 2.03.    Letters of Credit. 

(a)    The Letter of Credit Commitment. 

(i)    Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance
upon the agreements of the Revolving Credit Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue (a) Letters of
Credit denominated in Dollars or in one or more Alternative Currencies (each, a “Multicurrency Letter of Credit”) or (b) Letters of Credit denominated in Dollars (each, a “USD Letter of Credit”), in each case
for the account of the Company or any of its Subsidiaries, and to amend or extend Letters of Credit previously issued by it, in accordance with Section 2.03(b), and (2) to honor drawings under the Letters of Credit; (B) the
Multicurrency Revolving Credit Lenders severally agree to participate in Multicurrency Letters of Credit issued for the account any Borrower or any of its Subsidiaries and any drawings thereunder; and (C) the USD Revolving Credit Lenders
severally agree to participate in USD Letters of Credit issued for the account of the Company or any of its Subsidiaries and any drawings thereunder; provided that after giving effect to any L/C Credit Extension with respect to any Letter of
Credit, (w) the Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving Commitments, (x) the Multicurrency Revolving Credit Exposure of any Multicurrency Revolving Credit Lender shall not exceed such Multicurrency
Revolving Credit Lender’s Multicurrency Revolving Credit Commitment, (y) the USD Revolving Credit Exposure of any USD Revolving Credit Lender shall not exceed such USD Revolving Credit Lender’s USD Revolving Credit Commitment and
(z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by a Borrower for the issuance or amendment of a Letter of Credit (1) shall state whether such Letter of Credit shall constitute
a Multicurrency Letter of Credit or a USD Letter of Credit (and, in the case of any Multicurrency Letter of Credit, the currency in which such Letter of Credit is to be denominated) and (2) shall be deemed to be a representation by such
Borrower that the L/C Credit Extension so requested complies with the conditions 

  
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set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrowers’ ability to obtain Letters of Credit shall be
fully revolving, and accordingly the Borrowers may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and reimbursed. All Existing Letters of Credit shall be deemed to
have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof. All Letters of Credit outstanding under the Original Credit Agreement immediately prior to the Restatement
Date shall remain outstanding upon this Agreement becoming effective and thereafter shall be subject to and governed by the terms and conditions hereof. 

(ii)    The L/C Issuer shall not issue any Letter of Credit, if: 

(A)    subject to Section 2.03(b)(iii), the expiry date of the requested Letter of Credit would occur
more than twelve months after the date of issuance or last extension, unless the Required Multicurrency Revolving Credit Lenders (in the case of any Multicurrency Letter of Credit) or the Required USD Revolving Credit Lenders (in the case of any USD
Letter of Credit) have approved such expiry date; or 
 (B)    the expiry date of the requested Letter of
Credit would occur after the Letter of Credit Expiration Date, unless (x) the Administrative Agent, the applicable L/C Issuer and (1) in the case of any Multicurrency Letter of Credit, all of the Multicurrency Revolving Credit Lenders or
(2) in the case of any USD Letter of Credit, all of the USD Revolving Credit Lenders, have approved such expiry date or (y) such Letter of Credit is cash collateralized on terms and pursuant to arrangements reasonably satisfactory to the
applicable L/C Issuer. 
 (iii)    The L/C Issuer shall not be under any obligation to issue any Letter
of Credit if: 
 (A)    any order, judgment or decree of any Governmental Authority or arbitrator shall
by its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental Authority with
jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with respect to such Letter of
Credit any restriction, reserve or capital requirement (for which the L/C Issuer is not otherwise compensated hereunder) not in effect on the
RestatementSecond
Amendment Effective Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the RestatementSecond Amendment
Effective Date and which the L/C Issuer in good faith deems material to it; 

(B)    the issuance of such Letter of Credit would violate one or more policies of the L/C Issuer
applicable to letters of credit generally; 
 (C)    except as otherwise agreed by the Administrative
Agent and the L/C Issuer, such Letter of Credit is in an initial stated amount less than $100,000, in the case of a commercial Letter of Credit, or $100,000, in the case of a standby Letter of Credit; 

  
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 (D)    such Letter of Credit is to be denominated in a
currency other than (x) Dollars or (y) an Alternative Currency; 
 (E)    the L/C Issuer does
not, as of the issuance date of such requested Letter of Credit, issue Letters of Credit in the requested currency; 

(F)    (1) in the case of any Multicurrency Letter of Credit, any Multicurrency Revolving Credit Lender or
(2) in the case of any USD Letter of Credit, any USD Revolving Credit Lender, is at that time a Defaulting Lender, unless the L/C Issuer has received Cash Collateral or entered into other arrangements satisfactory to the L/C Issuer (in its sole
discretion) with the applicable Borrower or such Revolving Credit Lender to eliminate the L/C Issuer’s actual or potential Fronting Exposure (after giving effect to any reallocation pursuant to Section 2.18(a)(iv)) with respect to the
Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which the L/C Issuer has actual or potential Fronting Exposure, as it may elect in its sole
discretion; or 
 (G)    such Letter of Credit contains any provisions for automatic reinstatement of the
stated amount after any drawing thereunder. 
 (iv)    The L/C Issuer shall not, at the request of the
applicable Borrower, amend any Letter of Credit if the L/C Issuer would not be permitted at such time to issue such Letter of Credit in its amended form under the terms hereof. 

(v)    The L/C Issuer shall be under no obligation to, at the request of the applicable Borrower, amend any
Letter of Credit if the beneficiary of such Letter of Credit does not accept the proposed amendment to such Letter of Credit. 

(vi)    The L/C Issuer shall act on behalf of the Appropriate Revolving Credit Lenders with respect to any
Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article 9 with respect to any acts taken or omissions suffered
by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and the Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article 9 included
the L/C Issuer with respect to such acts or omissions, and (B) as additionally provided herein with respect to the L/C Issuer. 

(b)    Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit. 

(i)    Each Letter of Credit shall be issued or amended, as the case may be, upon the request of any
Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of such Borrower. Such Letter of Credit Application may be sent
by email, facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by the L/C Issuer, by personal 

  
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delivery or by any other means acceptable to the L/C Issuer. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least
two Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a
request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a
Business Day); (B) the amount and currency thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder;
(F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature (i.e., standby or commercial) of the requested Letter of Credit; (H) such other matters as the L/C
Issuer may reasonably require and (I) whether such Letter of Credit is a Multicurrency Letter of Credit or a USD Letter of Credit. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application
shall specify in form and detail satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such
other matters as the L/C Issuer may reasonably require. Additionally, the applicable Borrower shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or
amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may reasonably require. 

(ii)    Promptly after receipt of any Letter of Credit Application, the L/C Issuer will confirm with the
Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the applicable Borrower and, if not, the L/C Issuer will provide the Administrative Agent with a copy
thereof. Unless the L/C Issuer has received written notice from any Appropriate Revolving Credit Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of the applicable
Letter of Credit, that one or more applicable conditions contained in Article 4 shall not then be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of
the applicable Borrower (or the applicable Subsidiary) or enter into the applicable amendment, as the case may be, in each case in accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each
Multicurrency Letter of Credit, each Multicurrency Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk participation in such Letter of Credit in an amount equal to the
product of such Multicurrency Revolving Credit Lender’s Applicable Revolving Credit Percentage times the amount of such Letter of Credit. Immediately upon the issuance of each USD Letter of Credit, each USD Revolving Credit Lender shall
be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such USD Revolving Credit Lender’s Applicable Revolving Credit
Percentage times the amount of such Letter of Credit. 
 (iii)    If any Borrower so requests in
any applicable Letter of Credit Application, the L/C Issuer may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”);

  
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provided that any such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of
issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon
at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, no Borrower shall be required to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the
Multicurrency Revolving Credit Lenders (in the case of a Multicurrency Letter of Credit) and the USD Revolving Credit Lenders (in the case of a USD Letter of Credit) shall be deemed to have authorized (but may not require) the L/C Issuer to permit
the extension of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined
that it would not be permitted, or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or
otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days before the Non-Extension Notice Date (1) from the Administrative
Agent that the Required Multicurrency Revolving Credit Lenders (in the case of any Multicurrency Letter of Credit) or the Required USD Revolving Credit Lenders (in the case of any USD Letter of Credit) have elected not to permit such extension or
(2) from the Administrative Agent, any Appropriate Lender or any Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each such case directing the L/C Issuer not to permit such
extension. 
 (iv)    If any Borrower so requests in any applicable Letter of Credit Application, the L/C
Issuer may, in its sole discretion, agree to issue a Letter of Credit that permits the automatic reinstatement of all or a portion of the stated amount thereof after any drawing thereunder (each, an “Auto-Reinstatement Letter of
Credit”). Unless otherwise directed by the L/C Issuer, no Borrower shall be required to make a specific request to the L/C Issuer to permit such reinstatement. Once an Auto-Reinstatement Letter of Credit has been issued, except as provided
in the following sentence, the Multicurrency Revolving Credit Lenders (in the case of a Multicurrency Letter of Credit) and the USD Revolving Credit Lenders (in the case of a USD Letter of Credit) shall be deemed to have authorized (but may not
require) the L/C Issuer to reinstate all or a portion of the stated amount thereof in accordance with the provisions of such Letter of Credit. Notwithstanding the foregoing, if such Auto-Reinstatement Letter of Credit permits the L/C Issuer to
decline to reinstate all or any portion of the stated amount thereof after a drawing thereunder by giving notice of such non-reinstatement within a specified number of days after such drawing (the “Non-Reinstatement Deadline”), the L/C Issuer shall not permit such reinstatement if it has received a notice (which may be by telephone or in writing) on or before the day that is seven Business Days before
the Non-Reinstatement Deadline (A) from the Administrative Agent that the Required Multicurrency Revolving Credit Lenders (in the case of any Multicurrency Letter of Credit) or the Required USD Revolving
Credit Lenders (in the case of any USD Letter of Credit) have elected not to permit such reinstatement or (B) from the Administrative Agent, any Appropriate Lender or any Borrower that one or more of the applicable conditions specified in
Section 4.02 is not then satisfied (treating such reinstatement as an L/C Credit Extension for purposes of this clause) and, in each case, directing the L/C Issuer not to permit such reinstatement.  

  
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 (v)    Promptly after its delivery of any Letter of
Credit or any amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the applicable Borrower and the Administrative Agent a true and complete copy of such Letter of
Credit or amendment. 
 (c)    Drawings and Reimbursements; Funding of Participations. 

(i)    Upon receipt from the beneficiary of any Letter of Credit of any notice of a drawing under such
Letter of Credit, the L/C Issuer shall notify the applicable Borrower and the Administrative Agent thereof. In the case of a Multicurrency Letter of Credit denominated in an Alternative Currency, the applicable Borrower shall reimburse the L/C
Issuer in such Alternative Currency, unless (A) the L/C Issuer (at its option) shall have specified in such notice that it will require reimbursement in Dollars, or (B) in the absence of any such requirement for reimbursement in Dollars,
the applicable Borrower shall have notified the L/C Issuer promptly following receipt of the notice of drawing that the applicable Borrower will reimburse the L/C Issuer in Dollars. In the case of any such reimbursement in Dollars of a drawing under
a Multicurrency Letter of Credit denominated in an Alternative Currency, the L/C Issuer shall notify the applicable Borrower of the Dollar Equivalent of the amount of the drawing promptly following the determination thereof. Not later than 11:00
a.m. on the date of any payment by the L/C Issuer under a Letter of Credit to be reimbursed in Dollars, or the Applicable Time on the date of any payment by the L/C Issuer under a Letter of Credit to be reimbursed in an Alternative Currency (each
such date, an “Honor Date”), the applicable Borrower shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing and in the applicable currency. In the event that (A) a
drawing denominated in an Alternative Currency is to be reimbursed in Dollars pursuant to the second sentence in this Section 2.03(c)(i) and (B) the Dollar amount paid by the applicable Borrower, whether on or after the Honor Date, shall
not be adequate on the date of that payment to purchase in accordance with normal banking procedures a sum denominated in the Alternative Currency equal to the drawing, the applicable Borrower agrees, as a separate and independent obligation, to
indemnify the L/C Issuer for the loss resulting from its inability on that date to purchase the Alternative Currency in the full amount of the drawing. If the applicable Borrower fails to timely reimburse the L/C Issuer on the Honor Date, the
Administrative Agent shall promptly notify each Appropriate Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof in the case of a Multicurrency Letter of Credit
denominated in an Alternative Currency) (the “Unreimbursed Amount”), and the amount of such Lender’s Applicable Revolving Credit Percentage thereof. In such event, the applicable Borrower shall be deemed to have requested a
Multicurrency Revolving Credit Borrowing (in the case of any Multicurrency Letter of Credit) or a USD Borrowing (in the case of any USD Letter of Credit) of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed
Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the applicable Class of Revolving Credit Commitments and the
conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice). Any notice given by the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately
confirmed in writing; provided that the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 

  
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 (ii)    Each Multicurrency Revolving Credit Lender (in
the case of a Multicurrency Letter of Credit) and each USD Revolving Credit Lenders (in the case of a USD Letter of Credit) shall upon any notice pursuant to Section 2.03(c)(i) make funds available (and the Administrative Agent may apply Cash
Collateral provided for this purpose) for the account of the L/C Issuer, in Dollars, at the Administrative Agent’s Office for Dollar-denominated payments in an amount equal to its Applicable Revolving Credit Percentage of the Unreimbursed
Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Multicurrency Revolving Credit Lender that so makes funds available
shall be deemed to have made a Multicurrency Revolving Credit Loan that is a Base Rate Loan to the applicable Borrower in such amount and each USD Revolving Credit Lender that so makes funds available shall be deemed to have made a USD Revolving
Credit Loan that is a Base Rate Loan to the applicable Borrower in such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer in Dollars. 

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

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

(vi)    If any Revolving Credit Lender fails to make available to the Administrative Agent for the account
of the L/C Issuer any amount required to be paid by 

  
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such Revolving Credit Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), then, without limiting the other provisions of
this Agreement, the L/C Issuer shall be entitled to recover from such Revolving Credit Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date
on which such payment is immediately available to the L/C Issuer at a rate per annum equal to the applicable Overnight Rate from time to time in effect, plus any administrative, processing or similar fees customarily charged by the L/C Issuer in
connection with the foregoing. If such Revolving Credit Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Revolving Credit Lender’s Multicurrency Revolving Credit Loan or USD Revolving
Credit Loan, as applicable, included in the relevant Revolving Credit Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer submitted to any Revolving Credit Lender (through the
Administrative Agent) with respect to any amounts owing under this Section 2.03(c)(vi) shall be conclusive absent manifest error. Nothing in this Section 2.03 shall be deemed to relieve any Lender with a Revolving Credit Commitment from
its obligation to make Revolving Credit Loans on the terms and conditions set forth herein, and the Borrowers shall retain any and all rights they may have against any such Revolving Credit Lender resulting from the failure of such Lender to make
such Revolving Credit Loans pursuant to this Section 2.03(c). 
 (d)    Repayment of Participations. 

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

(ii)    If any payment received by the Administrative Agent for the account of the L/C Issuer pursuant to
Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the L/C Issuer in its discretion), each Multicurrency Revolving Credit Lender (in
the case of any Multicurrency Letter of Credit) and each USD Revolving Credit Lender (in the case of any USD Letter of Credit) shall pay to the Administrative Agent for the account of the L/C Issuer its Applicable Revolving Credit Percentage thereof
on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned by such Revolving Credit Lender, at a rate per annum equal to the applicable Overnight Rate from time to time in effect.
The obligations of the Lenders under this clause shall survive the payment in full of the Loan Document Obligations and the termination of this Agreement. 

(e)    Obligations Absolute. The obligation of the applicable Borrower to reimburse the L/C Issuer for each drawing
under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following: 

(i)    any lack of validity or enforceability of such Letter of Credit, this Agreement, or any other Loan
Document; 

  
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 (ii)    the existence of any claim, counterclaim,
setoff, defense or other right that any Borrower or any Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C
Issuer or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

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

(v)    honor of a demand for payment presented electronically even if such Letter of Credit requires that
demand be in the form of a draft; 
 (vi)    any payment made by the L/C Issuer in respect of an
otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under, such Letter of Credit if presentation after such date is authorized by the UCC or the ISP, as applicable;

 (vii)    any payment by the L/C Issuer under such Letter of Credit against presentation of a draft or
certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising
in connection with any proceeding under any Debtor Relief Law; 
 (viii)    any adverse change in the
relevant exchange rates or in the availability of the relevant Alternative Currency to the Borrowers or any Subsidiary or in the relevant currency markets generally; or 

(ix)    any other circumstance or happening whatsoever, whether or not similar to any of the foregoing,
including any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Borrower or any of its respective Subsidiaries. 

The applicable Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in the
event of any claim of noncompliance with any of the applicable Borrower’s instructions or other irregularity, the applicable Borrower will promptly notify the L/C Issuer. The Borrowers shall be conclusively deemed to have waived any such claim
against the L/C Issuer and its correspondents unless such notice is given as aforesaid. 

  
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 (f)    Role of L/C Issuer. Each Lender and each Borrower agree
that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by such Letter of Credit) or to ascertain or
inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent, any of their respective Related Parties nor any correspondent,
participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of all of the Required Multicurrency Revolving Credit Lenders, Required USD
Revolving Credit Lenders, Revolving Credit Lenders or the Required Revolving Credit Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution,
effectiveness, validity or enforceability of any document or instrument related to any Letter of Credit or Issuer Document. The applicable Borrower hereby assumes all risks of the acts or omissions of any beneficiary or transferee with respect to
its use of any Letter of Credit; provided, however, that this assumption is not intended to, and shall not, preclude any applicable Borrower’s pursuing such rights and remedies as it may have against the beneficiary or transferee at law
or under any other agreement. None of the L/C Issuer, the Administrative Agent, any of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described
in clauses (i) through (ix) of Section 2.03(e); provided, however, that anything in such clauses to the contrary notwithstanding, the applicable Borrower or its Subsidiaries may have a claim against the L/C Issuer, and the L/C
Issuer may be liable to the applicable Borrower or its Subsidiaries, to the extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages suffered by the applicable Borrower or its Subsidiaries which such Borrower
or such Subsidiaries proves were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft and
certificate(s) strictly complying with the terms and conditions of a Letter of Credit. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept documents that appear on their face to be in order, without responsibility
for further investigation, regardless of any notice or information to the contrary, and the L/C Issuer shall not be responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter
of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. The L/C Issuer may send a Letter of Credit or conduct any communication to or from the beneficiary
via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or overnight courier, or any other commercially reasonable means of communicating with a beneficiary. 

(g)    Applicability of ISP and UCP; Limitation of Liability. Unless otherwise expressly agreed by the L/C Issuer
and the applicable Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit and (ii) the rules of UCP shall apply
to each commercial Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the applicable Borrower for, and the L/C Issuer’s rights and remedies against the applicable Borrower shall not be impaired by, any
action or inaction of the L/C Issuer required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any order of a jurisdiction where the L/C Issuer
or the beneficiary is located, the practice stated in the ISP, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for Finance and Trade - International Financial Services
Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law or practice. 

  
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 (h)    Letter of Credit Fees. The applicable Borrower shall pay
to the Administrative Agent (A) for the account of each Multicurrency Revolving Credit Lender in accordance, subject to adjustment as provided in Section 2.18, with its Applicable Revolving Credit Percentage, in Dollars, a Letter of Credit
fee (the “Multicurrency Letter of Credit Fee”) for each Multicurrency Letter of Credit equal to the Applicable Rate for Revolving Credit Loans that are Eurocurrency Rate Loans times the Dollar Equivalent of the daily
amount available to be drawn under such Multicurrency Letter of Credit and (B) for the account of each USD Revolving Credit Lender in accordance, subject to adjustment as provided in Section 2.18, with its Applicable Revolving Credit
Percentage, in Dollars, a Letter of Credit fee (the “USD Letter of Credit Fee”, and together with the Multicurrency Letter of Credit Fee, the “Letter of Credit Fee”) for each USD Letter of Credit equal to the
Applicable Rate for Revolving Credit Loans that are Eurocurrency Rate Loans times the Dollar Equivalent of the daily amount available to be drawn under such USD Letter of Credit. For purposes of computing the daily amount available to be
drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. Letter of Credit Fees shall be (i) due and payable on the fifth Business Day after the end of each March, June,
September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears on the last day
of such quarter. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such
quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, (1) upon the request of the Required Multicurrency Revolving Credit Lenders, while any Event of Default exists, all Multicurrency Letter
of Credit Fees shall accrue at the Default Rate and (2) upon the request of the Required USD Revolving Credit Lenders, while any Event of Default exists, all USD Letter of Credit Fees shall accrue at the Default Rate. 

(i)    Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer. The Company shall pay directly to
the L/C Issuer for its own account, in Dollars, a fronting fee, with respect to each Letter of Credit, at the rate per annum equal to 0.125%, computed on the Dollar Equivalent of the daily amount available to be drawn under such Letter of
Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the fifth Business Day after the end of each March, June, September and December in respect of the then-most recently-ended quarterly period (or portion thereof,
in the case of the first payment), computed as of the end of such quarter and commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of
computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. In addition, the Company shall pay directly to the L/C Issuer for its own
account, in Dollars, the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard
costs and charges are due and payable on demand and are nonrefundable. 
 (j)    Conflict with Issuer Documents.
In the event of any conflict between the terms hereof and the terms of any Issuer Document, the terms hereof shall control. 

(k)    Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding
hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the Company shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under such Letter of Credit. The Company hereby acknowledges that
the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Company, and that the Company’s business derives substantial benefits from the businesses of such Subsidiaries. 

  
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 (l)    Additional L/C Issuers. The Company may, at any time and
from time to time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed) and such Multicurrency Revolving Credit Lender, designate one or more additional Multicurrency Revolving Credit Lenders to
act as an L/C Issuer under the terms of this Agreement (provided that there shall not be more than three (3) L/C Issuers at any one time), subject to Section 2.03(m). Any Lender designated as an L/C Issuer pursuant to this clause
(l) shall be deemed to be an “L/C Issuer” (in addition to being a Lender) in respect of Letters of Credit issued or to be issued by such Lender, and, with respect to such Letters of Credit, such term shall thereafter apply to the
other L/C Issuer(s) and such Lender. 
 (m)    L/C Issuer Reports to the Administrative Agent. Unless
otherwise agreed by the Administrative Agent, each L/C Issuer shall, in addition to its notification obligations set forth elsewhere in this Section 2.03, provide the Administrative Agent a Letter of Credit Report, as set forth below: 

(i)    reasonably prior to the time that such L/C Issuer issues, amends, renews, increases or extends a
Letter of Credit, the date of such issuance, amendment, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal or extension (and whether the amounts thereof
shall have changed); 
 (ii)    on each Business Day on which such L/C Issuer makes a payment pursuant to
a Letter of Credit, the date and amount of such payment; 
 (iii)    on any Business Day on which a
Borrower fails to reimburse a payment made pursuant to a Letter of Credit required to be reimbursed to such L/C Issuer on such day, the date of such failure and the amount of such payment; 

(iv)    on any other Business Day, such other information as the Administrative Agent shall reasonably
request as to the Letters of Credit issued by such L/C Issuer; and 
 (v)    for so long as any Letter of
Credit issued by an L/C Issuer is outstanding, such L/C Issuer shall deliver to the Administrative Agent (A) on the last Business Day of each calendar month, (B) at all other times a Letter of Credit Report is required to be delivered
pursuant to this Agreement, and (C) on each date that (1) an L/C Credit Extension occurs or (2) there is any expiration, cancellation and/or disbursement, in each case, with respect to any such Letter of Credit, a Letter of Credit
Report appropriately completed with the information for every outstanding Letter of Credit issued by such L/C Issuer. 

Section 2.04.    Swing Line Loans. 

(a)    The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line Lender agrees, in
reliance upon the agreements of the other Lenders set forth in this Section 2.04, to make loans in Dollars (each such loan, a “Swing Line Loan”) to the Borrowers from time to time on any Business Day during the Availability
Period with respect to the USD Revolving Credit Facility in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when

  
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aggregated with the Applicable Revolving Credit Percentage of the Outstanding Amount of USD Revolving Credit Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed the
amount of such Lender’s USD Revolving Credit Commitment; provided, however, that (x) after giving effect to any Swing Line Loan, (i) the Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving
Commitments and (ii) the USD Revolving Credit Exposure of any USD Revolving Credit Lender shall not exceed such USD Revolving Credit Lender’s USD Revolving Credit Commitment, (y) the Borrowers shall not use the proceeds of any Swing
Line Loan to refinance any outstanding Swing Line Loan, and (z) the Swing Line Lender shall not be under any obligation to make any Swing Line Loan if it shall reasonably determine (which determination shall be conclusive and binding absent
manifest error) that it has, or by such Credit Extension may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.04, prepay under
Section 2.05, and reborrow under this Section 2.04. For the avoidance of doubt, Swing Line Loans made to the U.K. Borrower shall be made under the U.K. Borrower Sublimit, Swing Line Loans made to the Designated Borrowers shall be made
under the Designated Borrower Sublimit and Swing Line Loans made to the Company shall be made under the Revolving Credit Facility. Each Swing Line Loan shall bear interest only at a rate based on the Base Rate. Immediately upon the making of a Swing
Line Loan, each USD Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such USD
Revolving Credit Lender’s Applicable Revolving Credit Percentage times the amount of such Swing Line Loan. 

(b)    Borrowing Procedures. Each Swing Line Borrowing shall be made upon any Borrower’s irrevocable notice to
the Swing Line Lender and the Administrative Agent, which may be given by (A) telephone or (B) by a Swing line Loan Notice; provided that any telephonic notice must be confirmed promptly by delivery to the Swing Line Lender and the
Administrative Agent of a Swing Line Loan Notice. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed,
which shall be a minimum principal amount of $100,000, (ii) the requested borrowing date, which shall be a Business Day and (iii) the applicable Borrower. Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice,
the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by
telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any USD Revolving Credit Lender) prior to 2:00 p.m. on the
date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the first proviso to the first sentence of Section 2.04(a), or (B) that one or
more of the applicable conditions specified in Article 4 is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice,
make the amount of its Swing Line Loan available to the Borrowers at its office by crediting the account of the applicable Borrower on the books of the Swing Line Lender in Same Day Funds. 

(c)    Refinancing of Swing Line Loans. 

(i)    The Swing Line Lender at any time in its sole discretion may request, on behalf of the applicable
Borrower (each of which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf), that each USD Revolving Credit Lender 

  
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make a USD Revolving Credit Loan that is a Base Rate Loan in an amount equal to such USD Revolving Credit Lender’s Applicable Revolving Credit Percentage of the amount of Swing Line Loans
then outstanding for the account of such Borrower. Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without
regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Revolving Commitments and the conditions set forth in Section 4.02. The Swing Line Lender
shall furnish the applicable Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent. Each USD Revolving Credit Lender shall make an amount equal to its Applicable Revolving
Credit Percentage of the amount specified in such Committed Loan Notice available to the Administrative Agent in Same Day Funds (and the Administrative Agent may apply Cash Collateral of the applicable Borrower available with respect to the
applicable Swing Line Loan) for the account of the Swing Line Lender at the Administrative Agent’s Office for Dollar-denominated payments not later than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to
Section 2.04(c)(ii), each USD Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the applicable Borrower in such amount. The Administrative Agent shall remit the funds so received to the Swing
Line Lender. 
 (ii)    If for any reason any Swing Line Loan cannot be refinanced by such a USD
Revolving Credit Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the USD Revolving
Credit Lenders fund its risk participation in the relevant Swing Line Loan and each USD Revolving Credit Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed
payment in respect of such participation. 
 (iii)    If any USD Revolving Credit Lender fails to make
available to the Administrative Agent for the account of the Swing Line Lender any amount required to be paid by such USD Revolving Credit Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in
Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such USD Revolving Credit Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is
required to the date on which such payment is immediately available to the Swing Line Lender at a rate per annum equal to the applicable Overnight Rate from time to time in effect, plus any administrative, processing or similar fees customarily
charged by the Swing Line Lender in connection with the foregoing. If such USD Revolving Credit Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such USD Revolving Credit Lender’s USD Revolving
Credit Loan included in the relevant USD Revolving Credit Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any USD Revolving Credit Lender (through the
Administrative Agent) with respect to any amounts owing under this clause (iii) shall be conclusive absent manifest error. 

(iv)    Each USD Revolving Credit Lender’s obligation to make USD Revolving Credit Loans or to
purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be 

  
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 affected by any circumstance, including (A) any setoff, counterclaim, recoupment,
defense or other right which such USD Revolving Credit Lender may have against the Swing Line Lender, any Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence,
event or condition, whether or not similar to any of the foregoing; provided, however, that each USD Revolving Credit Lender’s obligation to make USD Revolving Credit Loans pursuant to this Section 2.04(c) is subject to the
conditions set forth in Section 4.02. No such funding of risk participations shall relieve or otherwise impair the obligation of any Borrower to repay Swing Line Loans made for such Borrower’s account, together with interest as provided
herein. 
 (d)    Repayment of Participations. 

(i)    At any time after any USD Revolving Credit Lender has purchased and funded a risk participation in a
Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such USD Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the same funds as
those received by the Swing Line Lender. 
 (ii)    If any payment received by the Swing Line Lender in
respect of principal or interest on any Swing Line Loan is required to be returned by the Swing Line Lender under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the Swing Line Lender in
its discretion), each USD Revolving Credit Lender shall pay to the Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount
is returned, at a rate per annum equal to the applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the USD Revolving Credit Lenders under this clause shall survive
the payment in full of the Obligations and the termination of this Agreement. 
 (e)    Interest for Account of Swing
Line Lender. The Swing Line Lender shall be responsible for invoicing the applicable Borrower for interest on the Swing Line Loans. Until each USD Revolving Credit Lender funds its USD Revolving Credit Loans that are Base Rate Loans or risk
participation pursuant to this Section 2.04 to refinance such USD Revolving Credit Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage shall be solely
for the account of the Swing Line Lender. 
 (f)    Payments Directly to Swing Line Lender. The applicable
Borrower shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender. 

Section 2.05.    Prepayments/Commitment Reductions. 

(a)    Voluntary Prepayments. 

(i)    At any time and from time to time: 

(A)    with respect to Base Rate Loans or LIBOR Daily Floating Rate Loans, the Borrowers may prepay any
such Loans on any Business Day in 

  
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whole or in part in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount (or, if less, the aggregate principal amount of Base Rate Loans or
LIBOR Daily Floating Rate Loans then outstanding, as applicable); 
 (B)    with respect to Eurocurrency
Rate Loans, the Borrowers may prepay any such Loans on any Business Day in whole or in part in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount (or, if less, the aggregate principal amount of
Eurocurrency Rate Loans then outstanding); and  

(C)
    with respect to Alternative
Currency Loans, the Borrowers may prepay any such Loans on any Business Day in whole or in part in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount (or, if less, the
aggregate principal amount of Alternative Currency Loans then outstanding); and 

(D)
    (C) with respect to Swing Line Loans, the Borrowers may prepay any such Loans on any Business Day in whole or in
part in an aggregate minimum amount of $500,000, and in integral multiples of $100,000 in excess of that amount. 

(ii)    All such prepayments shall be made: 

(A)    upon written or telephonic notice on the date of prepayment, in the case of Base Rate Loans or LIBOR
Daily Floating Rate Loans; 
 (B)    upon not less than three (3) Business Days’ prior written
or telephonic notice in the case of Eurocurrency Rate Loans denominated in Dollars; 
 (C)    upon not
less than four (4) Business Days’ (or five, in the case of prepayment of Loans denominated in Special Notice Currencies) prior written or telephonic notice in the case of Eurocurrency Rate Loans denominated an Alternative
CurrenciesAlternative Currency Loans; and

 (D)    upon written or telephonic notice on the date of prepayment, in the case of Swing Line
Loans; 
 in each case given to the Administrative Agent or the Swing Line Lender, as the case may be, by 2:00 p.m. (New York City time) on the date
required pursuant to delivery to the Administrative Agent of a Notice of Loan Prepayment and, if given by telephone, promptly confirmed in writing to the Administrative Agent pursuant to delivery to the Administrative Agent of a Notice of Loan
Prepayment (and the Administrative Agent will promptly transmit such telephonic or original notice for Term Loans or Revolving Credit Loans, as the case may be, by electronic mail or telephone to each Appropriate Lender) or the Swing Line Lender, as
the case may be. Upon the giving of any such notice, the principal amount of the Loans specified in such notice shall become due and payable on the prepayment date specified therein. Any such voluntary prepayment shall be applied as specified in
Section 2.06(a). 

  
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 (b)    Voluntary Commitment Reductions. 

(i)    The Company may, upon not less than three (3) Business Days’ prior written notice pursuant
to delivery to the Administrative Agent of a Notice of Loan Prepayment or telephonic notice confirmed in writing to the Administrative Agent pursuant to delivery to the Administrative Agent of a Notice of Loan Prepayment (which original written or
telephonic notice the Administrative Agent will promptly transmit by electronic mail or telephone to each applicable Lender), at any time and from time to time terminate in whole or permanently reduce in part, without premium or penalty, the
Revolving Credit Commitments of each Class or any Class, in the Company’s discretion, in an amount up to the amount by which the Revolving Credit Commitments exceed the Total Revolving Credit Outstandings at the time of such proposed
termination or reduction; provided, any such partial reduction of the Revolving Credit Commitments shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount. 

(ii)    The Company’s notice to the Administrative Agent shall designate the date (which shall be a
Business Day) of such termination or reduction and the amount of any partial reduction, and such termination or reduction of the Revolving Credit Commitments shall be effective on the date specified in the Company’s notice and shall reduce the
Applicable Revolving Credit Percentage of each Revolving Credit Lender of the applicable Class on a pro rata basis. 

(c)    Mandatory Prepayments/Commitment Reductions. 

(i)    Asset Sales. Subject to Sections 2.06(e) and 2.20, no later than the fifth Business Day
following the date of receipt by the Company or any of its Subsidiaries of any Net Asset Sale Proceeds in excess of the greater of (x) $300,000,000 and (y)
15.020% of Consolidated Tangible Assets in the aggregateAdjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements are available (for the avoidance of doubt such basket shall be fully available as of the RestatementSecond Amendment
Effective Date) arising from an Asset Sale pursuant to Section 7.08(c) (other than any such Net Asset Sale Proceeds that are used to repay, prepay or redeem (I) the 2.00% Convertible
Senior Notes due 2042, issued by the Company pursuant to the Base Indenture and that certain Third Supplemental Indenture dated as of March 5, 2012, by and between Wilmington Trust Company, as trustee, and the Company or (II) the 2.00%
Convertible Senior Notes due 2043 issued by the Company pursuant to the Base Indenture and that certain Fourth Supplemental Indenture dated as of February 21, 2013, by and between Wilmington Trust Company, as trustee, and the Company)
(including, in the case of the immediately preceding clauses (I) and (II), all principal, interest, fees, recapture taxes in regards to such Indebtedness, costs, expenses and/or premiums related thereto), the Company shall prepay the Loans as
set forth in Section 2.06(b) in an aggregate amount equal to 100% of such Net Asset Sale Proceeds; provided that (x) if
 the Net Senior Secured Leverage Ratio for the most recent period of four (4) Fiscal Quarters for which financial statements are available is less than or equal to 4.00:1.00, but greater than
3.50:1.00, the Company shall prepay such Loans in an aggregate amount equal to 50% of such Net Asset Sale Proceeds and
(y) if
 the Net Senior Secured Leverage Ratio for the most recent period of four (4) Fiscal Quarters for which financial statements are available is less than or equal to 3.50:1.00, the Company shall not be
required to prepay any such Loans; provided
further so long as no Default or Event of
Default shall have occurred and be continuing, the Company shall have the option, directly or through one or more of its Subsidiaries, to invest or commit to invest such Net Asset Sale Proceeds within one year ofeighteen months
of receipt thereof in 

  
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productive assets of the general type used in the business of the Company and its Subsidiaries, including, without limitation, through a Permitted Acquisition and/or any other acquisition
constituting a permitted Investment; provided that if any amount is so committed to be reinvested within such one-yeareighteen-month period, but is not reinvested within the later to occur of (x) six months of the
date of such commitment and (y) the end of such
one yearafter such eighteen-month period, the
Company shall prepay the Loans in accordance with this Section 2.05(c)(i) without giving further effect to such reinvestment right. 

(ii)    Insurance/Condemnation Proceeds. Subject to Sections 2.06(e) and 2.20, no later than the
fifth Business Day following the date of receipt by the Company or any of its Subsidiaries, or the Administrative Agent as loss payee, of any Net Insurance/Condemnation Proceeds, the Company shall prepay the Loans as set forth in
Section 2.06(b) in an aggregate amount equal to such Net Insurance/Condemnation Proceeds (in excess of $25,000,000 in the aggregate (for the avoidance of doubt such basket shall be fully available as of the RestatementSecond Amendment
Effective Date)); provided, so long as no Default or Event of Default shall have occurred and be continuing, the Company shall have the option, directly or through one or more of its
Subsidiaries, to invest or commit to invest such Net Insurance/Condemnation Proceeds within one year of receipt thereof in long-term productive assets of the general type used in the business of the Company and its Subsidiaries, including through a
Permitted Acquisition, which investment may include the repair, restoration or replacement of the applicable assets thereof; provided that if any amount is so committed to be reinvested within such
one-year period, but is not reinvested within the later to occur of (x) six months of the date of such commitment and (y) the end of such one year period, the Company shall prepay the Loans in
accordance with this Section 2.05(c)(ii) without giving further effect to such reinvestment right. 

(iii)    [Reserved]. 

(iv)    Issuance of Debt. Subject to Sections 2.06(e) and 2.20, no later than the fifth Business Day
following the date of receipt by the Company or any of its Subsidiaries of any net Cash proceeds from the incurrence of any Indebtedness of the Company or any of its Subsidiaries, the Company shall prepay the Loans as set forth in
Section 2.06(b) in an aggregate amount equal to 100% of such proceeds, net of underwriting discounts and commissions, and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses; provided,
however, that the net Cash proceeds of any Indebtedness permitted to be incurred pursuant to Section 7.01 shall be excluded from the application hereof. 

(v)    
[Reserved]
. 
 (vi)    Revolving Credit Loans and Swing Line Loans. The Company shall from
time to time prepay first, the Swing Line Loans without reductions in USD Revolving Credit Commitments and second, the Revolving Credit Loans of each and/or any Class without reductions in Revolving Credit Commitments, in each case to the
extent necessary so that the Total Revolving Credit Outstandings shall not at any time exceed the Revolving Credit Commitments then in effect. 

  
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 (vii)    Letter of Credit Sublimit. If at any
time the L/C Obligations shall exceed the Letter of Credit Sublimit, the Company shall immediately Cash Collateralize Letters of Credit in an amount equal to such excess.  

(viii)    Prepayment Certificate. Concurrently with any prepayment of the Loans pursuant to Sections
2.05(c)(i) through 2.05(c)(iv), the Company shall deliver to the Administrative Agent a certificate of a Responsible Officer demonstrating the calculation of the amount of the applicable net proceeds. In the event that the Company shall subsequently
determine that the actual amount received exceeded the amount set forth in such certificate by more than $1,000,000, the Company shall promptly make an additional prepayment of the Loans in an amount equal to such excess, and the Company shall
concurrently therewith deliver to the Administrative Agent a certificate of a Responsible Officer demonstrating the derivation of such excess. 

(ix)    Notwithstanding any other provisions of this Section 2.05, (A) to the extent that any or all
of the Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds of any Disposition by a Foreign Subsidiary (a “Foreign Disposition”), in each case giving rise to a prepayment event pursuant to Section 2.05(c)(i) or
2.05(c)(ii), are or is prohibited, restricted or delayed by applicable local law from being repatriated to the United States, the portion of such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds so affected will not be required to be
applied to repay Loans at the times provided in this Section 2.05 but may be retained by the applicable Foreign Subsidiary so long, but only so long, as the applicable local law will not permit repatriation to the United States (the Company
hereby agreeing to use commercially reasonable efforts to cause the applicable Foreign Subsidiary to promptly take all actions reasonably required by the applicable local law to permit such repatriation), and once such repatriation of any of such
affected Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds is permitted under the applicable local law, such repatriation will be promptly effected and such repatriated Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds will
be promptly (and in any event not later than two Business Days after such repatriation) applied (net of all applicable additional taxes payable or reserved against as a result thereof) to the repayment of the Loans pursuant to this Section 2.05
(if so required) to the extent provided herein or (B) to the extent that the Company has determined in good faith that repatriation of any or all of the Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds of any Foreign Disposition
would have a material adverse tax cost consequence (taking into account any foreign tax credit or benefit actually realized in connection with such repatriation) with respect to such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds,
the Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds so affected may be retained by the applicable Foreign Subsidiary, provided that, in the case of this clause (B), on or before the date on which any Net Asset Sale Proceeds or Net
Insurance/Condemnation Proceeds so retained would otherwise have been required to be applied to reinvestments or prepayments pursuant to Section 2.05(c)(i) or 2.05(c)(ii), (x) the Company shall apply an amount equal to such Net Asset Sale
Proceeds or Net Insurance/Condemnation Proceeds to such reinvestments or prepayments as if such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds had been received by the Company rather than such Foreign Subsidiary, less the amount of
additional taxes that would have been payable or reserved against if such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds had been repatriated (or, if less, the Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds that would
be calculated if received by such Foreign Subsidiary), or (y) such Net Asset Sale Proceeds or Net Insurance/Condemnation 

  
 106 

 
Proceeds shall be applied to the repayment of Indebtedness of a Foreign Subsidiary, in each case, other than as mutually agreed by the Company and the Administrative Agent (it being understood
and agreed that to the extent any amount is applied pursuant to clause (x) or (y) above, such payment shall be deemed to satisfy the requirements under Section 2.05(c)(i) and/or 2.05(c)(ii), as applicable). Notwithstanding anything
to the contrary in this clause (ix), to the extent the U.K. Borrower has any Loans outstanding under the U.K. Borrower Sublimit hereunder, any Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds of the U.K. Borrower and/or any of its
Subsidiaries shall not be subject to this Section 2.05(c)(ix) and therefore, the U.K. Borrower shall be required to apply such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds to its outstanding Loans to the extent the Company
would have been required to prepay its Loans under this Section 2.05 as if the U.K. Borrower were the Company thereunder (subject, in the case of Net Asset Sale Proceeds and Net Insurance/Condemnation Proceeds, to the applicable reinvestment
rights set forth in Sections 2.05(c)(i) and 2.05(c)(ii), as applicable). Notwithstanding anything to the contrary in this clause (ix), to the extent any Designated Borrower has any Loans outstanding under the Designated Borrower Sublimit hereunder,
any Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds of such Designated Borrower and/or any of its Subsidiaries shall not be subject to this Section 2.05(c)(ix) and therefore, such Designated Borrower shall be required to apply
such Net Asset Sale Proceeds or Net Insurance/Condemnation Proceeds to its outstanding Loans to the extent the Company would have been required to prepay its Loans under this Section 2.05 as if such Designated Borrower were the Company
thereunder (subject, in the case of Net Asset Sale Proceeds and Net Insurance/Condemnation Proceeds, to the applicable reinvestment rights set forth in Sections 2.05(c)(i) and 2.05(c)(ii), as applicable). 

(x)    Each Appropriate Lender may reject all or a portion of its Applicable Percentage of any mandatory
prepayment (such declined amounts, the “Declined Proceeds”) of Term Loans required to be made pursuant to Section 2.05(c)(i) by providing written notice (each, a “Rejection Notice”) to the Administrative Agent
and the Company no later than 5:00 p.m. two (2) Business Days after the date of such Term Lender’s receipt of notice from the Administrative Agent regarding such prepayment. Each Rejection Notice from a given Term Lender shall specify the
principal amount of the mandatory prepayment of Term Loans to be rejected by such Term Lender. If a Term Lender fails to deliver a Rejection Notice to the Administrative Agent within the time frame specified above or such Rejection Notice fails to
specify the principal amount of the Term Loans to be rejected, any such failure will be deemed an acceptance of the total amount of such mandatory repayment of Term Loans. Any Declined Proceeds may be used by the Company or any of its Subsidiaries
for any purpose not prohibited hereunder. 
 Section 2.06.    Application of Prepayments/Reductions. 

(a)    Application of Voluntary Prepayments by Type of Loans. Subject to Section 2.20, any voluntary prepayment
of Loans pursuant to Section 2.05(a) shall be applied to prepay the Loans and, as applicable, scheduled amortization payments as directed by the Company. Subject to Section 2.20, in the absence of a designation by the Company, (i) any
voluntary prepayment of the Term Loans shall be applied to prepay the Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof); and further applied within each such Class of Loans to reduce the
scheduled remaining Installments of such Class of Loans in direct order of maturity and (ii) any voluntary prepayment of the Revolving Credit Loans shall be applied to each Class on a pro rata basis. 

  
 107 

 (b)    Application of Mandatory Prepayments by
Class of Loans. Subject to Section 2.20 hereof, any amount required to be paid pursuant to Sections 2.05(c)(i) through 2.05(c)(iv) shall be applied as follows: 

first, to prepay the Term Loans on a pro rata basis (in accordance with the respective outstanding principal amounts thereof), with
such prepayments to be applied to reduce the Installments within each Class of Loans, first by application to the next eight Installments within such respective Class in direct order of maturity and then pro rata among the remaining
Installments of such Class of Loans; 
 second, to prepay the Swing Line Loans to the full extent thereof without reduction of
USD Revolving Credit Commitments; 
 third, to prepay each Class of Revolving Credit Loans on a pro rata basis to the full
extent thereof without reduction of any Class of Revolving Credit Commitments; 
 fourth, to prepay outstanding reimbursement
obligations with respect to Letters of Credit on a pro rata basis; and 
 fifth, to Cash Collateralize Letters of Credit. 

(c)    [Reserved.] 

(d)    Application of Prepayments of Loans to Base Rate Loans, LIBOR Daily Floating Rate Loans and Eurocurrency Rate
Loans. Except as expressly directed by the Company as provided in Section 2.06(a) and subject to Section 2.20, considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate
Loans and, second to LIBOR Daily Floating Rate Loans and third to Alternative Currency Daily Rate Loans to the
full extent thereof before application to Eurocurrency Rate Loans or Alternative Currency Term Rate
Loans, in each case in a manner which minimizes the amount of any payments required to be made by the Company pursuant to Section 3.05. 

(e)    Eurocurrency
and Alternative Currency Term Prepayment Account. If the Company or the Borrowers are required to make a
mandatory prepayment of Eurocurrency Rate Loans or Alternative Currency Term Rate Loans under Section 2.05(c), so long as no Event of Default exists, the Company and the other Borrower(s) shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to
such mandatory prepayment with the Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Administrative Agent) by and in the sole dominion and control of the Administrative Agent. Any
amounts so deposited shall be held by the Administrative Agent as collateral for the prepayment of such Eurocurrency Rate Loans
or Alternative Currency Term Rate Loans, as applicable, and
shall be applied to the prepayment of the applicable Eurocurrency Rate Loans or Alternative Currency Term Rate
Loans, as applicable, at the end of the current Interest Periods applicable thereto or, sooner, at the election of the Administrative Agent, upon the occurrence of an Event of Default. At the
request of the Company, amounts so deposited shall be invested by the Administrative Agent in Cash Equivalents maturing on or prior to the date or dates on (and time or times by) which it is anticipated that such amounts will be applied to prepay
such Eurocurrency Rate Loans or Alternative Currency Term Rate Loans, as applicable. Any interest earned on such Cash Equivalents will be for the account of the applicable Borrower and the applicable Borrower will deposit with the Administrative Agent the amount of any loss on any such Cash
Equivalents to the extent necessary in order that the deposited amounts equal or exceed the amount of the applicable mandatory prepayment. 

  
 108 

 Section 2.07.    Scheduled Payments/Commitment Reductions.

 (a)    The principal amounts of the Term Loans shall be repaid by the Company in consecutive quarterly installments
(each, a “Term Loan Installment”) in the aggregate amounts and, on the corresponding “Amortization Dates,” set forth in the table below, commencing on December 2823,
20182021
: 
  

					
	Amortization Date	  	Term Loan Installments	 
	 December
2823,
20182021
	  	$	0	 
	 March
2925,
20192022
	  	$	0	 
	 June
2824,
20192022
	  	$	0	 
	 September
2723,
20192022
	  	$	0	 
	 December
2729,
20192022
	  	$	9,375,0003,750,000	 
	 March 31, 2023
	  	$	3,750,000	 
	 June 30, 2023
	  	$	3,750,000	 
	 September 29, 2023
	  	$	3,750,000	 
	 March
27December 29
, 20202023
	  	$	9,375,000	 
	 June
26March 29
, 20202024
	  	$	9,375,000	 
	 September
25June 28
, 20202024
	  	$	9,375,000	 
	 December 23,
2020September 27,
 2024
	  	$	18,750,0009,375,000	 
	 March
26December 27
, 20212024
	  	$	18,750,0009,375,000	 
	 June
25March 28
, 20212025
	  	$	18,750,0009,375,000	 
	 September
24June 27
, 20212025
	  	$	18,750,0009,375,000	 
	 December 23,
2021September 26,
 2025
	  	$	18,750,0009,375,000	 
	 March
25December 26
, 20222025
	  	$	18,750,000	 
	 June
24March 27
, 20222026
	  	$	18,750,000	 
	 September
23June 26
, 20222026
	  	$	18,750,000	 
	 December 29,
2022September 25,
 2026
	  	$	28,125,00018,750,000	 
	 March 31, 2023
	  	$	28,125,000	 
	 June 30, 2023
	  	$	28,125,000	 
	 September 29, 2023
	  	$	28,125,000	 
	 Term Loan Maturity Date
	  	$
	1,200,000,0001,335,000,000
	 

		  	 

	or such lesser aggregate
principal amount of Term
Loans then outstanding	 
 
 

  
 109 

 
; provided that in the event any New Term Loans are made, such New Term Loans shall be repaid on each “Amortization Date” occurring on or after the applicable Increased Amount
Date in the manner specified in the applicable Joinder Agreement. 
 Notwithstanding the foregoing, (x) such Installments shall be
reduced on a dollar-for-dollar basis in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with Section 2.05; and (y) Term
Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full by the Company no later than the applicable Term Loan Maturity Date therefor. 

(b)    Multicurrency Revolving Credit Loans. The Borrowers shall repay to the Multicurrency Revolving Credit
Lenders on the Maturity Date for the Multicurrency Revolving Credit Facility the aggregate principal amount of all Multicurrency Revolving Credit Loans outstanding on such date. 

(c)    USD Revolving Credit Loans. The Borrowers shall repay to the USD Revolving Credit Lenders on the Maturity
Date for the USD Revolving Credit Facility the aggregate principal amount of all USD Revolving Credit Loans outstanding on such date. 

(d)    Swing Line Loans. The Borrower shall repay each Swing Line Loan on the earlier to occur of (i) the date
ten Business Days after such Swing Line Loan is made and (ii) the Maturity Date for the USD Revolving Credit Facility. 

Section 2.08.    Interest. (a) Subject to the provisions of subsection (b) below, (i) each
Eurocurrency Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurocurrency Rate for such Interest Period plus the Applicable Rate; (ii) each Base Rate
Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate; (iii) each Alternative Currency Daily Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable
borrowing date at a rate per annum equal to the Alternative Currency Daily Rate plus the Applicable Rate;
(iv) each
 Alternative Currency Term Rate Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Alternative Currency Term Rate for such Interest Period plus the Applicable Rate;
(v) each
 Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate and (ivvi) each LIBOR Daily Floating Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the LIBOR Daily Floating Rate plus the
Applicable Rate. 
 (b)    (i) If any amount of principal of any Loan is not paid when due (without regard to any
applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by
applicable Laws. 
 (ii)    If any amount (other than principal of any Loan) payable by any Borrower
under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the Administrative Agent or the Required Lenders, such amount shall
thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

  
 110 

 (iii)    Upon the occurrence and during the continuation
of an Event of Default under Section 8.01(f) or 8.01(g), the Borrowers shall pay interest on the principal amount of all outstanding Obligations hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the
fullest extent permitted by applicable Laws. 
 (iv)    Accrued and unpaid interest on past due amounts
(including interest on past due interest) shall be due and payable by the applicable Borrower upon demand. 

(c)    Interest on each Loan shall be due and payable in arrears by the applicable Borrower on each Interest Payment Date
applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable by the applicable Borrower in accordance with the terms hereof before and after judgment, and before and after the commencement of any
proceeding under any Debtor Relief Law. 
 (d)    For the avoidance of doubt, (i) the U.K. Borrower shall only be
required to pay interest which accrues on account of the Loans under the U.K. Borrower Sublimit and (ii) the Designated Borrowers shall only be required to pay interest which accrues on account of the Loans under the Designated Borrower
Sublimit. For the avoidance of doubt, this Section 2.08(d) shall be subject to Section 2.20. 

Section 2.09.    Fees. In addition to certain fees described in subsections (h) and (i) of
Section 2.03: 
 (a)    Commitment Fee. The Company shall pay to the Administrative Agent (x) for the
account of each Multicurrency Revolving Credit Lender in accordance with its Applicable Revolving Credit Percentage, a commitment fee (the “Multicurrency Commitment Fee”) in Dollars calculated on a daily basis equal to the
Applicable Rate as of such day times the actual daily amount by which the Aggregate Multicurrency Revolving Commitments exceed the sum as of such day of Exhibit
A(i) the Outstanding Amount of Multicurrency
Revolving Credit Loans and Exhibit
B(ii) the Outstanding Amount of L/C Obligations
with respect to Multicurrency Letters of Credit, subject to adjustment as provided in Section 2.18 and (y) for the account of each USD Revolving Credit Lender in accordance with its Applicable Revolving Credit Percentage, a commitment fee
(the “USD Commitment Fee”, and together with the Multicurrency Commitment Fee, the “Commitment Fee”) in Dollars calculated on a daily basis equal to the Applicable Rate as of such day times the actual
daily amount by which the Aggregate USD Revolving Commitments exceed the sum as of such day of (i) the Outstanding Amount of USD Revolving Credit Loans and (ii) the Outstanding Amount of L/C Obligations with respect to USD Letters of
Credit, subject to adjustment as provided in Section 2.18. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Revolving Commitments for purposes of
determining the Commitment Fee. The Commitment Fee shall accrue at all times during the Availability Period with respect to the applicable Facility, including at any time during which one or more of the conditions in Article 4 is not met, and shall
be due and payable quarterly in arrears on the fifth Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the Restatement Date, and on the last day of the applicable Availability
Period. The Commitment Fee shall be calculated quarterly in arrears on the last day of such quarter, and if there is any change in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable
Rate separately for each period during such quarter that such Applicable Rate was in effect. 

  
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 (b)    Other Fees. (i) The Company shall pay to the
Arrangers and the Administrative Agent for their own respective accounts, in Dollars, fees in the amounts and at the times specified in the Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever.

 (ii)    The Company shall pay to the Lenders, in Dollars, such fees as shall have been separately
agreed upon in writing in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

Section 2.10.    Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate. (a) All
computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurocurrency Rate)
and for Alternative Currency Loans, shall be made on the basis of
actual days elapsed in a 365 day year or 366 day year, as the case may be, or, in the case of interest in respect of
Alternative Currency Loans as to which market practice differs from the foregoing, in accordance with such market practice. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable,
being paid than if computed on the basis of a 365-day year), or, in the case of interest in respect of Multicurrency Revolving Credit Loans denominated in Alternative Currencies
as to which market practice differs from the foregoing, in accordance with such market
practice. Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is
paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be
conclusive and binding for all purposes, absent manifest error. With respect to all Non-LIBOR QuotedAlternative Currencies, the calculation of the applicable interest rate
shall be determined in accordance with market practice. 
 (a)    If, as a result of any restatement of or other
adjustment to the financial statements of the Company or for any other reason, the Company or the Lenders determine that (i) the Total Net Leverage Ratio as calculated by the Company as of any applicable date was inaccurate and (ii) a
proper calculation of the Total Net Leverage Ratio would have resulted in higher pricing for such period, the applicable Borrowers shall retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders or the
L/C Issuer, as the case may be, promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to any Borrower under the Bankruptcy Code of the United States or similar law
in any other jurisdiction, automatically and without further action by the Administrative Agent, any Lender or the L/C Issuer), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the
amount of interest and fees actually paid for such period. This paragraph shall not limit the rights of the Administrative Agent, any Lender or the L/C Issuer, as the case may be, under Section 2.03(c)(iii), 2.03(h) or 2.08(b) or under Article
8. The Company’s obligations under this paragraph shall survive the termination of the Aggregate Commitments and the repayment of all other Obligations hereunder. 

Section 2.11.    Evidence of Debt. (a) The Credit Extensions made by each Lender shall be evidenced by
one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of
the 

  
 112 

 
amount of the Credit Extensions made by the Lenders to each applicable Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit
or otherwise affect the obligation of the Borrowers hereunder to pay any amount owing with respect to their respective Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records
of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender to a Borrower made through the Administrative Agent, such
Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note, which shall evidence such Lender’s Loans to such Borrower in addition to such accounts or records. Each Lender may attach schedules to a Note and
endorse thereon the date, Type (if applicable), amount, currency and maturity of its Loans and payments with respect thereto. 

(b)    In addition to the accounts and records referred to in Section 2.11(a), each Lender and the Administrative
Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swing Line Loans. In the event of any conflict between the accounts and
records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. 

Section 2.12.    Payments Generally; Administrative Agent’s Clawback. 

(a)    All payments to be made by the Borrowers shall be made free and clear of and without condition or deduction for any
counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein and except with respect to principal of and interest on Loans denominated in an Alternative Currency, all payments by the Borrowers hereunder shall be made to
the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the applicable Administrative Agent’s Office in Dollars and in Same Day Funds not later than 2:00 p.m. on the date specified herein. Except as
otherwise expressly provided herein, all payments by the Borrowers hereunder with respect to principal and interest on Loans denominated in an Alternative Currency shall be made to the Administrative Agent, for the account of the respective Lenders
to which such payment is owed, at the applicable Administrative Agent’s Office in such Alternative Currency and in Same Day Funds not later than the Applicable Time specified by the Administrative Agent on the dates specified herein. Without
limiting the generality of the foregoing, the Administrative Agent may require that any payments due under this Agreement be made in the United States. If, for any reason, any Borrower is prohibited by any Law from making any required payment
hereunder in an Alternative Currency, such Borrower shall make such payment in Dollars in the Dollar Equivalent of the Alternative Currency payment amount. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage in
respect of the applicable Facility (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent (i) after 2:00
p.m., in the case of payments in Dollars, or (ii) after the Applicable Time specified by the Administrative Agent in the case of payments in an Alternative Currency, shall in each case be deemed received on the next succeeding Business Day and
any applicable interest or fee shall continue to accrue. If any payment to be made by any Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be
reflected in computing interest or fees, as the case may be. 

  
 113 

 (b)    (i) Funding by Lenders; Presumption by Administrative
Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of
Alternative Currency Loans or Eurocurrency Rate Loans (or, in the
case of any Borrowing of Base Rate Loans or LIBOR Daily Floating Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the
Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans or LIBOR Daily Floating Rate Loans, that such Lender has made such
share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. In such event, if a Lender has not in fact made its share
of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the applicable Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in Same Day Funds with
interest thereon, for each day from and including the date such amount is made available to such Borrower to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the Overnight
Rate, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by such Borrower, the interest rate applicable to Base Rate
Loans. If such Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to such Borrower the amount of such interest paid by such Borrower for
such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by such Borrower shall be without prejudice
to any claim such Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(ii)    Payments by Borrowers; Presumptions by Administrative Agent. Unless the Administrative Agent
shall have received notice from the applicable Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that such Borrower will not make such payment, the
Administrative Agent may assume that such Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Appropriate Lenders or the L/C Issuer, as the case may be, the amount due. In
such event, if such Borrower has not in fact made such payment, then each of the Appropriate Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such
Lender or the L/C Issuer, in Same Day Funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the Overnight Rate. 

With respect
to any payment that the Administrative Agent makes for the account of the Lenders or the L/C Issuer hereunder as to which the Administrative Agent determines (which determination shall be conclusive absent manifest error) that any of the following
applies (such payment referred to as the “Rescindable
Amount”):
 (1) any Borrower has not in fact made such payment; (2) the Administrative Agent has made a payment in excess of the amount so paid by a Borrower (whether or not then owed);
or
(3) the
 Administrative agent has for any reason otherwise erroneously made such payment; then each of the Lenders or the L/C
Issuer, as
 the case may be, severally agrees to repay to the Administrative Agent
forthwith on demand the Rescindable Amount so distributed to such Lender or the L/C Issuer, in Same Day
Funds with interest thereon, for each day from and including the date such amount is distributed to it to but  

  
 114 

 
excluding the date of payment to the Administrative Agent, at the
greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with
banking industry rules on interbank compensation.

 A notice of the Administrative Agent to any Lender or the Company with respect to any amount owing under this subsection
(b) shall be conclusive, absent manifest error. 
 (c)    Failure to Satisfy Conditions Precedent. If any
Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender to any Borrower as provided in the foregoing provisions of this Article 2, and such funds are not made available to such Borrower by the Administrative
Agent because the conditions to the applicable Credit Extension set forth in Article 4 are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to
such Lender, without interest. 
 (d)    Obligations of Lenders Several. The obligations of the Lenders hereunder
to make Term Loans and Revolving Credit Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any
such participation or to make any payment under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any
other Lender to so make its Loan, to purchase its participation or to make its payment under Section 10.04(c). 

(e)    Funding Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in
any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 

(f)    Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative
Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied, subject to Section 2.20, (i) first, toward payment of interest and fees then due hereunder, ratably among the
parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance
with the amounts of principal and L/C Borrowings then due to such parties. 
 Section 2.13.    Sharing of
Payments by Lenders. Subject to Section 2.20, if any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of (a) Loan Document Obligations due and payable to such Lender hereunder and
under the other Loan Documents at such time in excess of its ratable share (according to the proportion of (i) the amount of such Loan Document Obligations due and payable to such Lender at such time to (ii) the aggregate amount of the
Loan Document Obligations due and payable to all Lenders hereunder and under the other Loan Documents at such time) of payments on account of the Loan Document Obligations due and payable to all Lenders hereunder and under the other Loan Documents
at such time obtained by all the Lenders at such time or (b) Loan Document Obligations owing (but not due and payable) to such Lender hereunder and under the other Loan Documents at such time in excess of its ratable share (according to the
proportion of (i) the amount of such Loan Document Obligations owing (but not due and payable) to such Lender at such time to (ii) the aggregate amount of the Loan Document Obligations owing (but not due and payable) to all Lenders
hereunder and under the other Loan Documents at such time) of payment 

  
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on account of the Loan Document Obligations owing (but not due and payable) to all Lenders hereunder and under the other Loan Documents at such time obtained by all of the Lenders at such time
then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and subparticipations in L/C Obligations and Swing Line Loans
of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of Loan Document Obligations then due and payable to
the Lenders or owing (but not due and payable) to the Lenders, as the case may be, provided that: 
 (i)    if
any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such
recovery, without interest; and 
 (ii)    the provisions of this Section shall not be construed to apply to
(x) any payment made by or on behalf of any Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (y) the application of Cash
Collateral provided for in Section 2.17, or (z) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations in L/C Obligations or Swing Line Loans to any
assignee or participant. 
 Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable
law, and in all cases subject to Section 2.20, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully
as if such Lender were a direct creditor of such Loan Party in the amount of such participation. 

Section 2.14.    Designated Borrowers. U.K. Borrower 

(a)    The Company may at any time, upon not less than 10 Business Days’ notice from the Company to the Administrative
Agent (or such shorter period as may be agreed by the Administrative Agent in its sole discretion), designate any additional wholly-owned Foreign Subsidiary of the Company (an “Applicant Borrower”) as a Designated Borrower to
receive Revolving Credit Loans hereunder in Dollars or, in the case of Multicurrency Revolving Credit Loans, in any Alternative Currency in an aggregate Outstanding Amount not to exceed the Designated Borrower Sublimit, by delivering to the
Administrative Agent (which shall promptly deliver counterparts thereof to each Lender) a duly executed notice and agreement in substantially the form of Exhibit H (a “Designated Borrower Request and Assumption Agreement”). The
parties hereto acknowledge and agree that prior to any Applicant Borrower becoming entitled to utilize the credit facilities provided for herein the Administrative Agent and the Revolving Credit Lenders shall have received such supporting
Organizational Documents, board and shareholder resolutions, incumbency certificates, opinions of counsel and other documents or information, in form, content and scope reasonably satisfactory to the Administrative Agent, as may be required by the
Administrative Agent or the Required Revolving Credit Lenders, consistent with the documentation delivered on the Closing Date with respect to the U.K. Borrower (with such amendments as the Administrative Agent may reasonably require), and Notes
signed by such Applicant Borrowers to the extent any applicable Revolving Credit Lenders so require. If the Administrative Agent and the Required Revolving Credit Lenders agree that an Applicant Borrower shall be entitled to receive Revolving Credit
Loans hereunder (it being understood and agreed that the Administrative Agent and the Required Revolving Credit Lenders shall not fail to 

  
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so agree solely as a result of the jurisdiction of organization of any Applicant Borrower being the United Kingdom), then promptly following receipt of all such requested resolutions, incumbency
certificates, opinions of counsel and other documents or information, the Administrative Agent shall send a notice in substantially the form of Exhibit I (a “Designated Borrower Notice”) to the Company and the Revolving Credit
Lenders specifying the effective date upon which the Applicant Borrower shall constitute a Designated Borrower for purposes hereof, whereupon each of the applicable Revolving Credit Lenders agree to permit such Designated Borrower to receive the
applicable Revolving Credit Loans hereunder, on the terms and conditions set forth herein, and each of the parties agrees that such Designated Borrower otherwise shall be a Borrower for all purposes of this Agreement; provided that
(i) no Committed Loan Notice or Letter of Credit Application may be submitted by or on behalf of such Designated Borrower until the date five Business Days after such effective date and (ii) no Designated Borrower Request and Assumption
Agreement shall become effective as to any Applicant Borrower if any Revolving Credit Lender under the applicable Revolving Credit Facility shall be prohibited under applicable Law, regulation or existing internal “know-your-customer”
policy, or shall not be licensed, to make the applicable Revolving Credit Loans or otherwise extend credit to such Applicant Borrower as provided herein, subject to the Company’s right to replace such Lender in accordance with
Section 10.13. 
 (b)    The Obligations of the Designated Borrowers shall be several in nature. 

(c)    The U.K. Borrower and each Subsidiary of the Company that becomes a “Designated Borrower” pursuant to
this Section 2.14 hereby irrevocably appoints the Company as its agent for all purposes relevant to this Agreement and each of the other Loan Documents, including (i) the giving and receipt of notices (including, without limitation, any
notices relating to the service of process pursuant to Section 10.14(d)), (ii) the execution and delivery of all documents, instruments and certificates contemplated herein and all modifications hereto, and (iii) the receipt of the
proceeds of any Loans made by the Lenders to the U.K. Borrower or any such Designated Borrower hereunder, but such appointment does not limit the right of each Designated Borrower to take these actions directly for its own account; provided, that in
the event that the Administrative Agent shall receive conflicting instructions from the Company and the U.K. Borrower or a Designated Borrower, the Administrative Agent shall follow the instruction of the Company. Any acknowledgment, consent,
direction, certification or other action which might otherwise be valid or effective only if given or taken by all Borrowers, or by each Borrower acting singly, shall be valid and effective if given or taken only by the Company, whether or not any
such other Borrower joins therein. Any notice, demand, consent, acknowledgement, direction, certification or other communication delivered to the Company in accordance with the terms of this Agreement shall be deemed to have been delivered to each
Designated Borrower and the U.K. Borrower, as applicable. 
 (d)    The Company may from time to time, upon not less
than five (5) Business Days’ notice from the Company to the Administrative Agent (or such shorter period as may be agreed by the Administrative Agent in its sole discretion), terminate a Designated Borrower’s status as such,
provided that there are no outstanding Loans payable by such Designated Borrower, or other amounts payable by such Designated Borrower on account of any Loans made to it, as of the effective date of such termination. The Administrative Agent
will promptly notify the Lenders of any such termination of a Designated Borrower’s status. For the avoidance of doubt, the termination of the status of the Designated Borrower shall not, in and of itself, reduce the Revolving Credit
Commitments or the Designated Borrower Sublimit. 

  
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 (e)    The Company may from time to time, upon not less than three
(3) Business Days’ notice from the Company to the Administrative Agent (or such shorter period as may be agreed by the Administrative Agent in its sole discretion), terminate the U.K. Borrower’s status as a Borrower, provided
that there are no outstanding Loans payable by the U.K. Borrower, or other amounts payable by the U.K. Borrower on account of any Loans made to it, as of the effective date of such termination. The Administrative Agent will promptly notify the
Lenders of any such termination of the U.K. Borrower’s status as a Borrower. For the avoidance of doubt, the termination of the status of the U.K. Borrower shall not, in and of itself, reduce the Revolving Credit Commitments or the U.K.
Borrower Sublimit. 
 Section 2.15.    Extension of Loans. 

(a)    The Borrowers may from time to time, pursuant to the provisions of this Section 2.15, agree with one or more
Lenders holding Loans and Commitments of any Class (an “Existing Class”) to extend the maturity date and to provide for other terms consistent with this Section 2.15 (each such modification, an “Extension”)
pursuant to one or more written offers (each an “Extension Offer”) made from time to time by the applicable Borrower to all Lenders under any Class that is proposed to be extended under this Section 2.15, in each case on a
pro rata basis (based on the relative principal amounts of the outstanding Loans and Commitments of each Lender in such Class) and on the same terms to each such Lender. In connection with each Extension, the applicable Borrower will provide
notification to the Administrative Agent (for distribution to the Lenders of the applicable Class) no later than 30 days prior to the maturity date of the applicable Class to be extended of the requested new maturity date for the extended Loans
or Commitments of such Class (each an “Extended Maturity Date”) and the due date for Lender responses. In connection with any Extension, each Lender of the applicable Class wishing to participate in such Extension shall, prior
to such due date, provide the Administrative Agent with a written notice thereof in a form reasonably satisfactory to the Administrative Agent. Any Lender that does not respond to an Extension Offer by the applicable due date shall be deemed to have
rejected such Extension. In connection with any Extension, the applicable Borrower shall agree to such procedures, if any, as may be reasonably established by, or acceptable to, the Administrative Agent to accomplish the purposes of this
Section 2.15. 
 (b)    After giving effect to any Extension, the Term Loans, Multicurrency Revolving Credit
Commitments or USD Revolving Credit Commitments so extended shall cease to be a part of the Class that they were a part of immediately prior to the Extension and shall be a new Class hereunder; provided that at no time shall there
be more than four different Classes of Term Loans and six different classes of Revolving Credit Commitments; provided further, that, in the case of any Extension Amendment relating to a Class of Revolving Credit Commitments or Revolving
Credit Loans, (i) all borrowings and all prepayments of Revolving Credit Loans of such Class shall continue to be made on a ratable basis among all Revolving Credit Lenders of such Class, based on the relative amounts of their Revolving
Credit Commitments, until the repayment of the Revolving Credit Loans of such Class (and termination of the Revolving Credit Commitments of such Class) attributable to the non-extended Revolving Credit
Commitments of such Class on the relevant maturity date, (ii) the allocation of the participation exposure with respect to any then-existing or subsequently issued or made Letter of Credit or Swing Line Loan as between the Multicurrency
Revolving Credit Commitments of such new “Class” and the remaining Multicurrency Revolving Credit Commitments shall be made on a ratable basis in accordance with the relative amounts thereof until the maturity date relating to such non-extended Multicurrency Revolving Credit Commitments has occurred, (iii) no termination of Extended Multicurrency Revolving Credit Commitments and no repayment of Loans under Extended Multicurrency Revolving
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reduction in Extended Multicurrency Revolving Credit Commitments shall be permitted unless such termination or repayment (and corresponding reduction) is accompanied by at least a pro rata
termination or permanent repayment (and corresponding pro rata permanent reduction), as applicable, of the Existing Multicurrency Revolving Credit Commitments and Loans under Existing Multicurrency Revolving Credit Commitments (or all Existing
Multicurrency Revolving Credit Commitments of such Class and related Loans under Existing Multicurrency Revolving Credit Commitments shall have otherwise been terminated and repaid in full), (iv) no termination of Extended USD Revolving Credit
Commitments and no repayment of Loans under Extended USD Revolving Credit Commitments accompanied by a corresponding permanent reduction in Extended USD Revolving Credit Commitments shall be permitted unless such termination or repayment (and
corresponding reduction) is accompanied by at least a pro rata termination or permanent repayment (and corresponding pro rata permanent reduction), as applicable, of the Existing USD Revolving Credit Commitments and Loans under Existing USD
Revolving Credit Commitments (or all Existing USD Revolving Credit Commitments of such Class and related Loans under Existing USD Revolving Credit Commitments shall have otherwise been terminated and repaid in full), (v) with respect to Letters
of Credit, the maturity date with respect to the Revolving Credit Commitments may not be extended without the prior written consent of the L/C Issuer and (vi) with respect to Swing Line Loans, the maturity date with respect to the USD Revolving
Credit Commitments may not be extended without the prior written consent of the Swing Line Lender. If the Total Multicurrency Revolving Credit Outstandings exceeds the Multicurrency Revolving Credit Commitment as a result of the occurrence of the
maturity date with respect to any Class of Multicurrency Revolving Credit Commitments while an extended Class of Multicurrency Revolving Credit Commitments remains outstanding, the applicable Borrower shall make such payments as are
necessary in order to eliminate such excess on such maturity date. If the Total USD Revolving Credit Outstandings exceeds the USD Revolving Credit Commitment as a result of the occurrence of the maturity date with respect to any Class of USD
Revolving Credit Commitments while an extended Class of USD Revolving Credit Commitments remains outstanding, the applicable Borrower shall make such payments as are necessary in order to eliminate such excess on such maturity date. 

(c)    The consummation and effectiveness of each Extension shall be subject to the following: 

(i)    no Default or Event of Default shall have occurred and be continuing at the time any Extension Offer
is delivered to the Lenders or at the time of such Extension; 
 (ii)    the Term Loans, Multicurrency
Revolving Credit Commitments or USD Revolving Credit Commitments, as applicable, of any Lender extended pursuant to any Extension (as applicable, “Extended Term Loans”, “Extended Multicurrency Revolving Credit
Commitments” or “Extended USD Revolving Credit Commitments”) shall have the same terms as the Class of Term Loans, Multicurrency Revolving Credit Commitments or USD Revolving Credit Commitments, as applicable,
subject to the related Extension Amendment (as applicable, “Existing Term Loans”, “Existing Multicurrency Revolving Credit Commitments” or “Existing USD Revolving Credit Commitments”); except
(A) (1) the final maturity date of any Extended Term Loans or Extended Revolving Credit Commitments of a Class to be extended pursuant to an Extension shall be later than the Maturity Date of the Class of Existing Term Loans or
Existing Revolving Credit Commitments, as applicable, subject to the related Extension Amendment, (2) the weighted average life to maturity of any Extended Term Loans of a Class to be extended pursuant to an Extension shall be no shorter
than the weighted average life to maturity of the Class of Existing Term Loans 

  
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subject to the related Extension Amendment and (3) there shall be no scheduled amortization of the Extended Revolving Credit Commitments and the scheduled termination date of the Extended
Revolving Credit Commitments shall not be earlier than the scheduled termination date of the Existing Multicurrency Revolving Credit Commitments or Existing USD Revolving Credit Commitments, as applicable; (B) the Weighted Average Yield with respect
to the Extended Term Loans, Extended Multicurrency Revolving Credit Commitments or Extended USD Revolving Credit Commitments, as applicable, may be higher or lower than the Weighted Average Yield for the Existing Term Loans, Existing Multicurrency
Revolving Credit Commitments or Existing USD Revolving Credit Commitments, as applicable; (C) the revolving credit commitment fee rate with respect to the Extended Multicurrency Revolving Credit Commitments or Extended USD Revolving Credit
Commitments may be higher or lower than the revolving credit commitment fee rate for Existing Multicurrency Revolving Credit Commitments or Existing USD Revolving Credit Commitments, as applicable, in each case, to the extent provided in the
applicable Extension Amendment; (D) no repayment of any Extended Term Loans shall be permitted unless such repayment is accompanied by an at least pro rata repayment of all earlier maturing Term Loans (including previously extended Term Loans)
(or all earlier maturing Term Loans (including previously extended Term Loans) shall otherwise be or have been terminated and repaid in full); (E) the Extended Term Loans, Extended Multicurrency Revolving Credit Commitments and/or Extended USD
Revolving Credit Commitments may contain a “most favored nation” provision for the benefit of Lenders holding previously Extended Term Loans, previously Extended Multicurrency Revolving Credit Commitments or previously Extended USD
Revolving Credit Commitments, as applicable; (F) such Extended Term Loans, Extended Multicurrency Revolving Credit Commitments and/or Extended USD Revolving Credit Commitments will rank pari passu in right of payment and of security with the
Existing Term Loans, Existing Multicurrency Revolving Credit Commitments or Existing USD Revolving Credit Commitments, as applicable; (G) such Extended Term Loans and/or Extended Revolving Credit Commitments shall be guaranteed by the Guaranty;
and (H) the other terms and conditions applicable to Extended Term Loans, Extended Multicurrency Revolving Credit Commitments and/or Extended USD Revolving Credit Commitments may be different than those with respect to the Existing Term Loans,
Existing Multicurrency Revolving Credit Commitments or Existing USD Revolving Credit Commitments, as applicable, so long as such terms and conditions only apply after the Latest Maturity Date; 

(iii)    all documentation in respect of such Extension shall be consistent with the foregoing and
reasonably satisfactory to the Administrative Agent, and all written communications by the Borrowers generally directed to the applicable Lenders under the applicable Class in connection therewith shall be in form and substance consistent with
the foregoing; 
 (iv)    a minimum amount in respect of such Extension (to be determined in the
applicable Borrower’s discretion and specified in the relevant Extension Offer, but in no event less than $25,000,000, unless a lesser amount is agreed to by the Administrative Agent) shall be satisfied; and 

(v)    no Extension shall become effective unless, on the proposed effective date of such Extension, the
conditions set forth in Section 4.02 shall be satisfied (with all references in such Section to a Credit Date being deemed to be references to the Extension on the applicable date of such Extension) or waived by the Lenders whose

  
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Loans are being extended pursuant to such Extension, and the Administrative Agent shall have received a certificate to that effect dated the applicable date of such Extension and executed by a
Responsible Officer of the applicable Borrower. 
 (d)    For the avoidance of doubt, it is understood and agreed that
the provisions of Section 2.13 and Section 10.01 will not apply to Extensions of Term Loans or Revolving Credit Commitments, as applicable, pursuant to Extension Offers made pursuant to and in accordance with the provisions of this
Section 2.15, including to any payment of interest or fees in respect of any Extended Term Loans or Extended Revolving Credit Commitments, as applicable, that have been extended pursuant to an Extension at a rate or rates different from those
paid or payable in respect of Loans or Commitments of any other Class, in each case as is set forth in the relevant Extension Offer. 

(e)    No Lender who rejects any request for an Extension shall be deemed a
Non-Consenting Lender for purposes of Section 10.13; provided, however, that if so requested by any Borrower in an Extension Offer, the Required Lenders may approve an amendment to have such
Lenders be deemed Non-Consenting Lenders and subject to the terms and conditions of Section 10.13. 

(f)    The Lenders hereby irrevocably authorize the Administrative Agent to enter into amendments (collectively,
“Extension Amendments”) to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Company, in order to give effect to the provisions of this
Section 2.15, including any amendments necessary to establish new Classes of Term Loans or Revolving Credit Commitments, as applicable, created pursuant to an Extension, in each case on terms consistent with this Section 2.15;
provided that no such Extension Amendment shall effect any amendments that would require the consent of each affected Lender pursuant to Section 10.01 without compliance with the requirements thereof. All such Extension Amendments
entered into with any Borrower by the Administrative Agent hereunder shall be binding on the Lenders. Without limiting the foregoing, in connection with any Extension, (i) [reserved] and (ii) the applicable Borrower shall deliver board
resolutions, secretary’s certificates, officer’s certificates and other documents as shall reasonably be requested by the Administrative Agent in connection therewith and legal opinion(s) of counsel reasonably acceptable to the
Administrative Agent. 
 (g)    Promptly following the consummation and effectiveness of any Extension, the applicable
Borrower will furnish to the Administrative Agent (who shall promptly furnish to each Lender) written notice setting forth the Extended Maturity Date and material economic terms of the Extension and the aggregate principal amount of each class of
Loans and Commitments after giving effect to the Extension and attaching a copy of the fully executed Extension Amendment. 

(h)    For the avoidance of doubt, this Section 2.15 shall be subject to Section 2.20. 

Section 2.16.    Incremental Facilities. 

(a)    Any Borrower may by written notice to the Administrative Agent elect to request (i) the establishment of one or
more new term loan commitments (the “New Term Loan Commitments”) denominated in Dollars or any Alternative Currency, (ii) prior to the Multicurrency Revolving Credit Commitment Termination Date, an increase to the existing
Multicurrency Revolving Credit Commitments (any such increase, the “New Multicurrency Revolving Credit Commitments”) and/or (iii) prior to the USD Revolving Credit Commitment Termination Date, an increase to the existing
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increase, the “New USD Revolving Credit Commitments”); provided the aggregate amount of all such increased commitments and new loans, together with any Permitted
Incremental Equivalent Debt incurred from and after the
RestatementSecond
Amendment Effective Date and at or prior to such time, does not exceed the sum of (1)
$750,000,0001,000,000,000
 and (2) the maximum amount that would not cause the Net Senior Secured Leverage Ratio to exceed
3.504.00
:1.00 (calculated on a pro forma basis as of the last day of the then-most recently ended Fiscal Quarter as if all such incremental or increased Commitments had been fully drawn on such date but without
netting the proceeds thereof) (the “Incremental Cap”; for the avoidance of doubt, clause (1) of this basket shall be reset and shall otherwise be fully available as of the Restatement Date after giving effect to the making of the 2017 Incremental Term Loans);Second Amendment Effective Date); provided further that any
Obligations incurred by any Foreign Subsidiary in respect of New Term Loan Commitments or New Revolving Credit Commitments (such Obligations of such Foreign Subsidiaries, the “Priority Incremental Obligations”) shall not exceed,
together with any Indebtedness incurred pursuant to Sections 7.01(f) to the extent incurred by non-Loan Parties, 7.01(m)(ii), 7.01(n)(i) and 7.01(q), the Priority Debt Cap. For the avoidance of doubt,
(i) such increased commitments and new loans maybe incurred under clause (2) of the immediately preceding sentence in Borrower’s sole discretion prior to being allocated by the Borrower to the amount allowed under clause (1) from
the immediately preceding sentence and (ii) the 2017 Incremental Term Loans shall not reduce clause (1) of the Incremental Cap. Any such increased commitment or new loan shall be in an amount not less than $25,000,000 individually and
integral multiples of $10,000,000 in excess of that amount. Each such notice from the applicable Borrower shall specify (a) the date (each, an “Increased Amount Date”) on which the applicable Borrower proposes that the New
Multicurrency Revolving Credit Commitments, New USD Revolving Credit Commitments or New Term Loan Commitments, as applicable, shall be effective, which shall be a date not less than five (5) Business Days after the date on which such notice is
delivered to the Administrative Agent, (b) in the case of New Term Loan Commitments or New Multicurrency Revolving Credit Commitments, the currency in which such Incremental Facility shall be denominated and (c) the identity of each Lender
or other Person that is an Eligible Assignee (each, a “New Multicurrency Revolving Credit Lender”, “New USD Revolving Credit Lender” or “New Term Loan Lender,” as applicable) to whom the applicable
Borrower proposes any portion of such New Revolving Credit Commitments or New Term Loan Commitments, as applicable, be allocated and the amounts of such allocations; provided that the Administrative Agent may elect or decline to arrange such
New Revolving Credit Commitments or New Term Loan Commitments in its sole discretion and any Lender approached to provide all or a portion of the New Revolving Credit Commitments or New Term Loan Commitments may elect or decline, in its sole
discretion, to provide a New Revolving Credit Commitment or a New Term Loan Commitment. Such New Revolving Credit Commitments or New Term Loan Commitments shall become effective as of such Increased Amount Date; provided that (i) no
Default or Event of Default shall exist on such Increased Amount Date before or after giving effect to such New Revolving Credit Commitments or New Term Loan Commitments, as applicable; (ii) both before and after giving effect to the making of
any Series of New Term Loans, each of the conditions set forth in Section 4.02 shall be satisfied; (iii) the Company and its Subsidiaries shall be in pro forma compliance with each of the covenants set forth in Section 7.07
(calculated on a pro forma basis as of the last day of the then-most recently ended Fiscal Quarter as if all such incremental or increased Commitments had been fully drawn on such date but without netting the proceeds thereof) (provided that, to the
extent the proceeds of Loans made pursuant to any New Term Loan Commitment will be used to consummate a Limited Condition Acquisition, the requirements specified in clauses (i), (ii) and (iii) above shall only be required to be satisfied on the
date on which definitive purchase or merger agreements with respect to such Limited Condition Acquisition are entered into); (iv) the 

  
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 New Revolving Credit Commitments or New Term Loan Commitments, as applicable, shall be effected pursuant to
one or more Joinder Agreements executed and delivered by the applicable Borrower, each New Revolving Credit Lender or New Term Loan Lender, as applicable, and the Administrative Agent, each of which shall be recorded in the Register, and each New
Revolving Credit Lender or New Term Loan Lender shall be subject to the requirements set forth in Section 3.01(e); (v) the applicable Borrower(s) shall make any payments required pursuant to Section 3.05 in connection with the New
Revolving Credit Commitments or New Term Loan Commitments, as applicable; and (vi) the Company shall deliver or cause to be delivered any legal opinions or other documents reasonably requested by the Administrative Agent in connection with any
such transaction. Any New Term Loans made on an Increased Amount Date shall be designated a separate series (a “Series”) of New Term Loans for all purposes of this Agreement. 

(b)    (i) On any Increased Amount Date on which New Multicurrency Revolving Credit Commitments are effected, subject to
the satisfaction of the foregoing terms and conditions, (A) each of the Multicurrency Revolving Credit Lenders shall assign to each of the New Multicurrency Revolving Credit Lenders, and each of the New Multicurrency Revolving Credit Lenders
shall purchase from each of the Multicurrency Revolving Credit Lenders, at the principal amount thereof (together with accrued interest), such interests in the Multicurrency Revolving Credit Loans outstanding on such Increased Amount Date as shall
be necessary in order that, after giving effect to all such assignments and purchases, such Multicurrency Revolving Credit Loans will be held by existing Multicurrency Revolving Credit Lenders and New Multicurrency Revolving Credit Lenders ratably
in accordance with their Multicurrency Revolving Credit Commitments after giving effect to the addition of such New Multicurrency Revolving Credit Commitments to the Multicurrency Revolving Credit Commitments, (B) each of the Multicurrency
Revolving Credit Lenders shall automatically and without further act be deemed to have assigned to each of the New Multicurrency Revolving Credit Lenders, and each such New Multicurrency Revolving Credit Lender will automatically and without further
act be deemed to have assumed, a portion of such Multicurrency Revolving Credit Lender’s participations hereunder in outstanding Multicurrency Letters of Credit as shall be necessary in order that, after giving effect to all such assignments,
such participations in Multicurrency Letters of Credit will be held by existing Multicurrency Revolving Credit Lenders and New Multicurrency Revolving Credit Lenders ratably in accordance with their Multicurrency Revolving Credit Commitments after
giving effect to the addition of such New Multicurrency Revolving Credit Commitments to the Multicurrency Revolving Credit Commitments, (C) each New Multicurrency Revolving Credit Commitment shall be deemed for all purposes a Multicurrency
Revolving Credit Commitment and each Loan made thereunder (a “New Multicurrency Revolving Credit Loan”) shall be deemed, for all purposes, a Multicurrency Revolving Credit Loan and (D) each New Multicurrency Revolving
Credit Lender shall become a Lender with respect to the New Multicurrency Revolving Credit Commitment and all matters relating thereto. 

(ii)    On any Increased Amount Date on which any New Term Loan Commitments of any Series are effective,
subject to the satisfaction of the foregoing terms and conditions, (A) each New Term Loan Lender of any Series shall make a Loan to the applicable Borrower (a “New Term Loan”) in an amount equal to its New Term Loan Commitment
of such Series and (B) each New Term Loan Lender of any Series shall become a Lender hereunder with respect to the New Term Loan Commitment of such Series and the New Term Loans of such Series made pursuant thereto. 

(iii)    On any Increased Amount Date on which New USD Revolving Credit Commitments are effected, subject
to the satisfaction of the foregoing terms and 

  
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conditions, (A) each of the USD Revolving Credit Lenders shall assign to each of the New USD Revolving Credit Lenders, and each of the New USD Revolving Credit Lenders shall purchase from
each of the USD Revolving Credit Lenders, at the principal amount thereof (together with accrued interest), such interests in the USD Revolving Credit Loans outstanding on such Increased Amount Date as shall be necessary in order that, after giving
effect to all such assignments and purchases, such USD Revolving Credit Loans will be held by existing USD Revolving Credit Lenders and New USD Revolving Credit Lenders ratably in accordance with their USD Revolving Credit Commitments after giving
effect to the addition of such New USD Revolving Credit Commitments to the USD Revolving Credit Commitments, (B) each of the USD Revolving Credit Lenders shall automatically and without further act be deemed to have assigned to each of the New
USD Revolving Credit Lenders, and each such New USD Revolving Credit Lender will automatically and without further act be deemed to have assumed, a portion of such USD Revolving Credit Lender’s participations hereunder in outstanding USD
Letters of Credit as shall be necessary in order that, after giving effect to all such assignments, such participations in USD Letters of Credit will be held by existing USD Revolving Credit Lenders and New USD Revolving Credit Lenders ratably in
accordance with their USD Revolving Credit Commitments after giving effect to the addition of such New USD Revolving Credit Commitments to the USD Revolving Credit Commitments, (C) each New USD Revolving Credit Commitment shall be deemed for
all purposes a USD Revolving Credit Commitment and each Loan made thereunder (a “New USD Revolving Credit Loan”) shall be deemed, for all purposes, a USD Revolving Credit Loan and (D) each New USD Revolving Credit Lender
shall become a Lender with respect to the New USD Revolving Credit Commitment and all matters relating thereto. 

(c)    The Administrative Agent shall notify the Lenders promptly upon receipt of a Borrower’s notice of each
Increased Amount Date and in respect thereof (x) the New Multicurrency Revolving Credit Commitments and the New Multicurrency Revolving Credit Lenders, the New USD Revolving Credit Commitments and the New USD Revolving Credit Lenders or the
Series of New Term Loan Commitments and the New Term Loan Lenders of such Series, as applicable, and (y) in the case of each notice to any Revolving Credit Lender, the respective interests in such Revolving Credit Lender’s Revolving Credit
Loans subject to the assignments contemplated by this Section. 
 (d)    The terms and provisions of the New Term Loans
and New Term Loan Commitments of any Series shall be, except as otherwise set forth herein or in the Joinder Agreement and reasonably acceptable to the Administrative Agent, substantially the same as the Term Loans (in the case of a Non-Institutional Incremental Facility) or, not materially more favorable, taken as a whole, not materially less favorable to the
Companyinvestors
 than the Term Loans (in the case of an Institutional Incremental Facility). It being agreed by all parties hereto that the New Term Loan may be subject to an excess cash flow sweep to the extent
the Borrower and the lender(s) of the New Term Loan agree to the terms thereof. The terms and provisions of the New Multicurrency Revolving Credit Loans shall be
identicalsubstantially
 similar to the Multicurrency Revolving Credit Loans. The terms and provisions of the New USD Revolving Credit Loans shall be identicalsubstantially
similar to the USD Revolving Credit Loans. In any event (i) (A) the weighted average life to maturity of all New Term Loans of any Series shall be no shorter than the weighted average life to
maturity of the Term Loans and (B) the New Term Loan Maturity Date of each Series shall be no earlier than the Latest Maturity Date; provided that a Borrower may incur New Term Loans that do not satisfy clauses (A) and

  
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(B) above so long as (x) such New Term Loans (x) are in an aggregate principal amount, together with all other New Term Loans incurred pursuant to this proviso,
not greater than $250,000,000, (y) have a New Term Loan Maturity Date on or after the Term Loan Maturity Date and (z) have a weighted average life to maturity that is equal to or longer
than the weighted average life to maturity of the Term Loansto exceed the greater of (a) $1,000,000,000
and (b) 50% of Consolidated Adjusted EBITDA for the most recent period of four (4)-Fiscal Quarters for which financial statements are available or
(y) such
 New Term Loans are incurred under a customary 364-day bridge credit facility pursuant to clause
(2) of
 the definition of Incremental Cap, (ii) the Weighted Average Yield applicable to the New Term Loans of each Series shall be determined by the applicable Borrower and the applicable New Term
Lenders and shall be set forth in each applicable Joinder Agreement; provided that in the event that the Weighted Average Yield applicable to a Non-Institutional Incremental Term Facility is more than
0.50% higher than the Weighted Average Yield applicable to the Term Facility, then the Applicable Rate that shall apply to the calculation of the interest rate on the Term Loans shall, in the case of each Pricing Level set forth in the table
contained in the definition of “Applicable Rate,” be increased by an amount equal to the difference between the Weighted Average Yield with respect to such Non-Institutional Incremental Term Facility
and the Weighted Average Yield on the Term Facility, minus 0.50%, (iii) any New Term Loans and New Revolving Credit Loans incurred by a Foreign Obligor will rank pari passu in right of payment and of security with the other Obligations
of the Foreign Obligors hereunder, (iv) any New Term Loans and New Revolving Credit Loans incurred by the Company will rank pari passu in right of payment and of security with the other Obligations of the Company hereunder and
(v) such New Term Loans and New Revolving Credit Loans shall, subject to Section 2.20, be guaranteed by the Guaranty. Notwithstanding anything to the contrary in this Section 2.16, New Term Loan Commitments denominated in Dollars may
also take the form of an increase to an existing Class of Term Loans. Each Joinder Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or
appropriate, in the opinion of Administrative Agent, to effect the provisions of this Section 2.16 without the consent of any other Lenders. 

(e)    For the avoidance of doubt, this Section 2.16 shall be subject to Section 2.20. 

Section 2.17.    Cash Collateral. 

(a)    Certain Credit Support Events. If (i) the L/C Issuer has honored any full or partial drawing request
under any Letter of Credit and such drawing has resulted in an L/C Borrowing, (ii) as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, (iii) the applicable Borrower shall be required to
provide Cash Collateral pursuant to Section 8.02(c), or (iv) there shall exist a Defaulting Lender, the applicable Borrowers shall, solely with respect to their respective outstanding Letters of Credit or L/C Borrowing, as applicable,
immediately (in the case of clause (iii) above) or within one Business Day (in all other cases) following any request by the Administrative Agent or the L/C Issuer, provide Cash Collateral in an amount not less than the applicable Minimum
Collateral Amount (determined in the case of Cash Collateral provided pursuant to clause (iv) above, after giving effect to Section 2.18(a)(iv) and any Cash Collateral provided by the Defaulting Lender). Additionally, if the Administrative
Agent notifies the Company at any time that the Outstanding Amount of all L/C Obligations at such time exceeds 101% of the Letter of Credit Sublimit then in effect, then, within two Business Days after receipt of such notice, the Company shall
provide Cash Collateral for the Outstanding Amount of the L/C Obligations in an amount not less than the amount by which the Outstanding Amount of all L/C Obligations exceeds the Letter of Credit Sublimit. For the

  
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avoidance of doubt, notwithstanding any other provisions set forth herein, (i) the U.K. Borrower shall only be required to provide Cash Collateral hereunder on account of Letters of Credit
issued under the U.K. Borrower Sublimit (if any) and (ii) the Designated Borrowers shall only be required to provide Cash Collateral hereunder on account of Letters of Credit issued under the Designated Borrower Sublimit (if any). 

(b)    Grant of Security Interest. The Borrowers, and to the extent provided by any Defaulting Lender, such
Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and agrees to maintain, a first priority security interest in all such cash,
deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash Collateral may be applied pursuant to
Section 2.17(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent or the L/C Issuer as herein provided, other than Liens permitted under
Sections 7.02(a) and 7.02(z), or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the applicable Borrower will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent
additional Cash Collateral in an amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked,
non-interest bearing deposit accounts at Bank of America. The applicable Borrower shall pay on demand therefor from time to time all customary account opening, activity and other administrative fees and
charges in connection with the maintenance and disbursement of Cash Collateral. Each Designated Borrower hereby agrees to take all such further acts and to execute, acknowledge, deliver, record, filed and register such documents and instruments as
the Administrative Agent may reasonably require to carry out the provisions of this Section 2.17. 

(c)    Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral provided
under any of this Section 2.17 or Sections 2.03, 2.05, 2.18 or 8.02 in respect of Letters of Credit or Swing Line Loans shall be held and applied to the satisfaction of the specific L/C Obligations, Swing Line Loans, obligations to fund
participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior to any other application of such property
as may otherwise be provided for herein; provided that, notwithstanding any provisions set forth herein, no Cash Collateral provided by, or in respect of any Obligations of, a Foreign Obligor shall be applied to the satisfaction of any
Obligations of the Company or the other U.S. Loan Parties. 
 (d)    Release. Cash Collateral (or the appropriate
portion thereof) provided to reduce Fronting Exposure or to secure other obligations shall be released (i) in whole, promptly upon the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by the
termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with Section 10.06(b)(vi))) or (ii) in part at any time upon the determination by the Administrative Agent and the L/C
Issuer that there exists excess Cash Collateral, in an amount required to eliminate such excess; provided, however, (x) any such release shall be without prejudice to, and any disbursement or other transfer of Cash Collateral shall be
and remain subject to, any other Lien conferred under the Loan Documents and the other applicable provisions of the Loan Documents and (y) the Person providing Cash Collateral and the L/C Issuer may agree that Cash Collateral shall not
be released but instead held to support future anticipated Fronting Exposure or other obligations of such Person. 

  
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 (e)    For the avoidance of doubt, this Section 2.17 shall be
subject to Section 2.20. 
 Section 2.18.    Defaulting Lenders. 

(a)    Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a
Defaulting Lender, then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law: 

(i)    Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any
amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of “Required Lenders”, “Required Revolving Credit Lenders”, “Required Multicurrency Revolving Credit
Lenders”, “Required USD Revolving Credit Lenders” and Section 10.01. 

(ii)    Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts
received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article 8 or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to
Section 10.08 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; second,
to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the L/C Issuer or Swing Line Lender hereunder; third, to Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender in
accordance with Section 2.17; fourth, as the Company may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required
by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Company, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting
Lender’s potential future funding obligations with respect to Loans under this Agreement and (y) Cash Collateralize the L/C Issuer’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of
Credit issued under this Agreement, in accordance with Section 2.17; sixth, to the payment of any amounts owing to the Lenders, the L/C Issuer or Swing Line Lender as a result of any judgment of a court of competent jurisdiction obtained
by any Lender, the L/C Issuer or the Swing Line Lender against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to
the payment of any amounts owing to the Company as a result of any judgment of a court of competent jurisdiction obtained by the Company against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this
Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of
which such Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.02 were satisfied or waived, such
payment shall be applied solely to pay the Loans of, and L/C Obligations owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Obligations owed
to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in L/C Obligations and Swing Line Loans are held by the Lenders pro rata in accordance with the Commitments hereunder without giving effect to
Section 2.18(a)(iv). Any payments, prepayments or other amounts paid 

  
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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 2.18(a)(ii) shall be deemed paid
to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii)    Certain Fees. 

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

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

(C)    With respect to any fee payable under Section 2.09(a) or (b) or any Letter of Credit Fee
not required to be paid to any Defaulting Lender pursuant to clause (A) or (B) above, the applicable Borrower shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise
payable to such Defaulting Lender with respect to such Defaulting Lender’s participation in L/C Obligations or Swing Line Loans that has been reallocated to such Non-Defaulting Lender pursuant to clause
(iv) below, (y) pay to the L/C Issuer and Swing Line Lender, as applicable, the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to such L/C Issuer’s or Swing Line Lender’s Fronting Exposure
to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such fee. 

(iv)    Reallocation of Applicable Percentages to Reduce Fronting Exposure. During any period in
which there is a Multicurrency Revolving Credit Lender that is a Defaulting Lender, all or any part of such Defaulting Lender’s participation in L/C Obligations in respect of Multicurrency Letters of Credit shall be reallocated among the Non-Defaulting Lenders that are Multicurrency Revolving Credit Lenders in accordance with their respective Applicable Revolving Credit Percentages (calculated without regard to such Defaulting Lender’s
Multicurrency Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Multicurrency Revolving Credit Exposure of any Non-Defaulting Lender that is a
Multicurrency Revolving Credit Lender to exceed such Non-Defaulting Lender’s Multicurrency Revolving Credit Commitment. During any period in which there is a USD Revolving Credit Lender that is a
Defaulting Lender, all or any part of such Defaulting Lender’s participation in L/C Obligations in respect of USD Letters of Credit and Swing Line Loans shall be reallocated among the Non-Defaulting
Lenders that are USD Revolving Credit Lenders in accordance with their respective Applicable Revolving Credit Percentages (calculated without regard to such Defaulting Lender’s USD Revolving Credit Commitment) but only to the extent that such
reallocation does not cause the aggregate USD Revolving Credit Exposure of any Non-Defaulting Lender that is a USD Revolving Credit Lender to exceed such Non-Defaulting
Lender’s USD Revolving Credit Commitment. No reallocation hereunder shall constitute a waiver or release of any claim of any party 

  
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hereunder against a Defaulting Lender arising from that Revolving Credit Lender having become a Defaulting Lender, including any claim of a Non-Defaulting
Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(v)    Cash Collateral, Repayment of Swing Line Loans. If the reallocation described in clause
(a)(iv) above cannot, or can only partially, be effected, the applicable Borrower(s) shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, (x) first, prepay their respective Swing Line Loans in an
amount equal to the Swing Line Lenders’ Fronting Exposure and (y) second, Cash Collateralize the L/C Issuers’ Fronting Exposure in accordance with the procedures set forth in Section 2.17. 

(b)    Defaulting Lender Cure. If the Company, the Administrative Agent, in the case of a Revolving Credit Lender
that is a Defaulting Lender, the L/C Issuer and in the case of a USD Revolving Credit Lender that is a Defaulting Lender, the Swing Line Lender agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify
the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable,
purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swing Line
Loans to be held on a pro rata basis by the Appropriate Lenders in accordance with their Applicable Percentages (without giving effect to Section 2.18(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided that no
adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrowers while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by
the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

Section 2.19.    Refinancing Amendments. 

(a)    The Company may, by written notice to the Administrative Agent from time to time, request Indebtedness in exchange
for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans or existing Revolving Credit Loans of any Class (or unused Revolving Credit Commitments of any Class), or any then existing Credit Agreement Refinancing
Indebtedness (solely for purposes of this Section 2.19, “Refinanced Debt”) in the form of (i) Refinancing Term Loans in respect of all or any portion of any Class of Term Loans then outstanding under this Agreement,
(ii) Refinancing Multicurrency Revolving Credit Commitments in respect of all or any portion of any Multicurrency Revolving Credit Loans (and the unused Multicurrency Revolving Credit Commitments with respect to such Multicurrency Revolving
Credit Loans) then outstanding under this Agreement or (iii) Refinancing USD Revolving Credit Commitments in respect of all or any portion of any USD Revolving Credit Loans (and the unused USD Revolving Credit Commitments with respect to such
USD Revolving Credit Loans) then outstanding under this Agreement, in each case pursuant to a Refinancing Amendment (such Indebtedness, “Credit Agreement Refinancing Indebtedness”). Each written notice to the Administrative Agent
requesting a Refinancing Amendment shall set forth (i) the amount of the Refinancing Term Loans, Refinancing Multicurrency Revolving Credit Loans or Refinancing USD Revolving Credit Commitments being requested (which shall be in minimum
increments of $25,000,000 and a minimum amount of $50,000,000) and (ii) the date on which such Refinancing Term Loans or the applicable Refinancing Revolving Credit 

  
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Commitments are requested to become effective (which shall not be less than 10 Business Days (or such shorter period as the Administrative Agent may agree in its sole discretion) after the date
of such notice). The Company may seek Credit Agreement Refinancing Indebtedness from existing Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) or any Person that is an Eligible Assignee (each such
Person that is not an existing Lender and that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with this Section 2.19, an “Additional Lender”)

 (b)    Notwithstanding the foregoing, the effectiveness of any Refinancing Amendment shall be subject to (i) on
the date of effectiveness thereof, no Default or Event of Default shall have occurred and be continuing or shall be caused thereby, (ii) the terms of the applicable Credit Agreement Refinancing Indebtedness shall comply with
Section 2.19(c), (iii) before and after giving effect to the incurrence of any Credit Agreement Refinancing Indebtedness, each of the conditions set forth in Section 4.02 shall be satisfied and (iv) except as otherwise specified in
the applicable Refinancing Amendment, the Administrative Agent shall have received (with sufficient copies for each of the Refinancing Term Loan Lenders, Refinancing Multicurrency Revolving Credit Lenders and Refinancing USD Revolving Credit
Lenders, as applicable) legal opinions, board resolutions and other closing certificates and documents reasonably requested by the Administrative Agent and consistent with those delivered on the Closing Date under Section 4.01, with such
amendments as the Administrative Agent may reasonably require. 
 (c)    The terms and provisions of any Credit
Agreement Refinancing Indebtedness incurred pursuant to any Refinancing Amendment shall be, except as otherwise set forth herein or in the Refinancing Amendment and reasonably acceptable to the Administrative Agent, substantially the same as the
Refinanced Debt; provided that (i) such Credit Agreement Refinancing Indebtedness consisting of Refinancing Term Loans shall have (A) a maturity date no earlier than the maturity date of the Refinanced Debt and (B) a weighted
average life to maturity equal to or greater than the Refinanced Debt, (ii) there shall be no scheduled amortization of such Credit Agreement Refinancing Indebtedness consisting of Refinancing Revolving Credit Commitments and the scheduled
termination date of such Refinancing Multicurrency Revolving Credit Commitments and Refinancing USD Revolving Credit Commitments shall not be earlier than the scheduled termination date of the applicable Refinanced Debt, (iii) such Credit
Agreement Refinancing Indebtedness will rank pari passu in right of payment and of security with the other Obligations of the Company hereunder, (iv) such Credit Agreement Refinancing Indebtedness shall be guaranteed by the Guaranty,
(v) the interest rate margin, rate floors, fees, original issue discount and premiums applicable to such Credit Agreement Refinancing Indebtedness shall be determined by the Company and the Lenders providing such Credit Agreement Refinancing
Indebtedness, (vi) such Credit Agreement Refinancing Indebtedness (including, if such Indebtedness includes any Refinancing Multicurrency Revolving Credit Commitments or Refinancing USD Revolving Credit Commitments, the unused portion of such
Refinancing Multicurrency Revolving Credit Commitments or Refinancing USD Revolving Credit Commitments, as applicable) shall not have a greater principal amount than the principal amount of the Refinanced Debt plus accrued interest, fees and
premiums (if any) thereon and reasonable fees and expenses associated with the refinancing (provided that the principal amount of such Credit Agreement Refinancing Indebtedness shall not include any principal constituting interest paid in
kind), and the aggregate unused Refinancing Multicurrency Revolving Credit Commitments or Refinancing USD Revolving Credit Commitments shall not exceed the unused Multicurrency Revolving Credit Commitments or USD Revolving Credit Commitments, as
applicable, being replaced and (vii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged on a dollar-for-dollar

  
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basis, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, substantially concurrently with the incurrence of such Credit Agreement Refinancing Indebtedness
in accordance with the provisions of Section 2.05; provided further that to the extent that such Credit Agreement Refinancing Indebtedness consists of (x) Refinancing USD Revolving Credit Commitments, the USD Revolving Credit
Commitments being refinanced by such Credit Agreement Refinancing Indebtedness shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or
obtained and (y) Refinancing Multicurrency Revolving Credit Commitments, the Multicurrency Revolving Credit Commitments being refinanced by such Credit Agreement Refinancing Indebtedness shall be terminated, and all accrued fees in connection
therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained . Any Refinancing Amendment may provide for the issuance of Letters of Credit for the account of the applicable Borrower, pursuant to
any Refinancing Revolving Credit Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit under the applicable Revolving Credit Commitments to be refinanced thereby; provided that
terms relating to pricing, fees or premiums may vary to the extent otherwise permitted by this Section 2.19 and set forth in such Refinancing Amendment. 

(d)    In connection with any Credit Agreement Refinancing Indebtedness pursuant to this Section 2.19, the Company,
the U.K. Borrower, the Administrative Agent and each applicable Lender or Additional Lender shall execute and deliver to the Administrative Agent a Refinancing Amendment and such other documentation as the Administrative Agent shall reasonably
specify to evidence such Credit Agreement Refinancing Indebtedness. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Amendment. Each of the parties hereto hereby agrees that, upon the
effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent necessary to reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto. Any Refinancing Amendment may,
without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Company, to effect the provisions of
this Section 2.19, including any amendments necessary to establish the Refinancing Term Loans and Refinancing Revolving Credit Commitments as new Classes, tranches or sub-tranches of Term Loans or
Revolving Credit Commitments and such other technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Company in connection therewith, in each case on terms not inconsistent with this
Section 2.19; provided that no such Refinancing Amendment shall effect any amendments that would require the consent of each affected Lender pursuant to Section 10.01 without compliance with the requirements thereof. 

Section 2.20.    Foreign Obligors Not Obligated For U.S. Loan Party Obligations. Notwithstanding any contrary
provisions in any Loan Document, all references in the Loan Documents to payments, proceeds, liabilities, Obligations (whether joint and several or otherwise), Loans, fees, collections, Guarantees, Collateral, security interests, pledges,
indemnities (whether or not joint and several), cash collateralization, setoff, L/C Advances, L/C Borrowings and any other arrangement affecting the payment obligations of the Borrowers and the other Loan Parties and their responsibilities to the
Administrative Agent, the Lenders, Swing Line Lender, L/C Issuer and the other Secured Parties, shall be with respect to, in the case of and as applied to any U.S. Loan Party, only such U.S. Loan Party and the other U.S. Loan Parties Guaranteeing
the Obligations of such U.S. Loan Party, such that no payments required to be paid by any Foreign Obligor or received from, setoffs in respect of, or collections on account of the 

  
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property or assets of (including on account of cash collateral of), a Foreign Obligor (or rights to such receipt or such collection) shall be applied, directly, or indirectly by sharing among
Lenders or Agents, to such U.S. Loan Party’s Obligations and the Foreign Subsidiaries shall not be liable for or otherwise obligated to pay (or pledge assets to secure) any Obligations of the U.S. Loan Parties (whether or not the provisions
hereof provide that the Loan Parties’ obligations are joint and several), it being the intention of the parties hereto to avoid adverse tax consequences due to the application of Section 956 of the Code. For the avoidance of doubt, each of
the U.K. Borrower and any Designated Borrower shall be required to make payments in respect of its Loans and Commitments to the extent provided for under this Agreement, whether or not such payment is required to be made by the Company or by any
Borrower. All provisions contained in any Loan Document or side letter shall be interpreted consistently with this Section 2.20 to the extent possible, and where such other provisions conflict with the provisions of this Section 2.20, the
provisions of this Section 2.20 shall govern. 
 Section 2.21.    U.S. Loan Parties; U.K. Borrower;
Designated Borrowers. Notwithstanding any contrary provisions in any Loan Document, including without limitation, if applicable, any references in the Loan Documents to payments, prepayments, proceeds, liabilities, Obligations (whether joint and
several or otherwise), Loans, fees, collections, Guarantees, Collateral, security interests, pledges, cash collateralization, setoffs, L/C Advances, L/C Borrowings and any other arrangement affecting the payment obligations of the Borrowers and the
other Loan Parties and their responsibilities to the Administrative Agent, the Lenders, Swing Line Lender, L/C Issuer and the other Secured Parties, (a) the Company shall be liable solely as a Guarantor under Article 11 in regards to the
Obligations of the U.K. Borrower and any Designated Borrowers and the Cash Management Obligations and Hedge Obligations owing by any other Loan Party or any Subsidiary of any Loan Party and (b) each Subsidiary Guarantor shall be liable solely
as a Guarantor under Article 11 in regards to the Obligations of the Company, the U.K. Borrower and any Designated Borrowers and the Cash Management Obligations and Hedge Obligations owing by any other Loan Party or any other Subsidiary of any Loan
Party. All provisions contained in any Loan Document or side letter shall be interpreted consistently with this Section 2.21 to the extent possible, and where such other provisions conflict with the provisions of this Section 2.21, the
provisions of this Section 2.21 shall govern. 
 ARTICLE 3 

TAXES, YIELD PROTECTION AND ILLEGALITY 

Section 3.01.    Taxes. 

(a)    Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. (i) Any and all payments
by or on account of any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of
the Administrative Agent) require the deduction or withholding of any Taxes from any such payment by the Administrative Agent or a Loan Party, then the Administrative Agent or such Loan Party shall be entitled to make such deduction or withholding.

 (ii)    If any Loan Party or the Administrative Agent shall be required by the Code to withhold or
deduct any Taxes, including both United States Federal backup withholding and withholding taxes, from any payment, then (A) the Administrative Agent shall withhold or make such deductions as are determined in the good faith discretion of the
Administrative Agent to be required based upon the information and 

  
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documentation it has received pursuant to Section 3.01(e), (B) the Administrative Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in
accordance with the Code, and (C) if such Tax is an Indemnified Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including
deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

(iii)    If any Loan Party or the Administrative Agent shall be required by any applicable Laws other than
the Code to withhold or deduct any Taxes from any payment, then (A) such Loan Party or the Administrative Agent, as required by such Laws, shall withhold or make such deductions as are determined in the good faith discretion of it to be
required based upon the information and documentation it has received pursuant to subsection (e) below, (B) such Loan Party or the Administrative Agent, to the extent required by such Laws, shall timely pay the full amount withheld or deducted
to the relevant Governmental Authority in accordance with such Laws, and (C) if such Tax is an Indemnified Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that after any required withholding or the making of
all required deductions (including deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made.

 (iv)    A payment shall not be increased under Section 3.01(a)(iii)(C) above by reason of a
requirement to withhold or deduct from the payment Taxes imposed by the United Kingdom if, on the date the payment falls due, the payment could have been made to the Lender without such withholding or deduction if the Lender had been a Qualifying
Lender but on that date that Lender is not or has ceased to be a Qualifying Lender other than as a result of any change after the date it became a Lender under this Agreement in (or in the interpretation, administration, or application of) any law
or Treaty or any published practice or published concession of any relevant taxing authority. 
 (b)    Payment of
Other Taxes by the Loan Parties. Without limiting the provisions of subsection (a) above, the Company shall (or shall cause the applicable Loan Party to) timely pay to the relevant Governmental Authority in accordance with applicable lawLaw, or at the option of the Administrative Agent, timely reimburse it for the payment of, any Other
Taxes. 

(c)    Tax Indemnifications. (i) Each of the U.S. Loan Parties and the Foreign Obligors in respect only of
Loans to any Foreign Obligors and subject to Section 2.20 shall, and does hereby, jointly and severally indemnify each Recipient, and shall make payment in respect thereof within 10 days after demand therefor, for the full amount of any
Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section 3.01) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient, and any
reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability
delivered to the Company by a Lender or the L/C Issuer (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or the L/C Issuer, shall be conclusive absent manifest error. Subject to
Section 2.20, each of the Loan Parties shall, and does hereby, jointly and severally indemnify the Administrative Agent, and shall make payment in respect thereof within 10 days after demand therefor, for any amount which a Lender or the L/C
Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required pursuant to Section 3.01(c)(ii) below. 

  
 133 

 (ii)    Each Lender and the L/C Issuer shall, and does
hereby, severally indemnify, and shall make payment in respect thereof within 10 days after demand therefor, (x) the Administrative Agent against any Indemnified Taxes attributable to such Lender or the L/C Issuer (but only to the extent that
any Loan Party has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (y) the Administrative Agent and the Loan Parties, as applicable, against any Taxes
attributable to such Lender’s failure to comply with the provisions of Section 10.06(d) relating to the maintenance of a Participant Register and (z) the Administrative Agent and the Loan Parties, as applicable, against any Excluded
Taxes attributable to such Lender or the L/C Issuer, in each case, that are payable or paid by the Administrative Agent or any Loan Party in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto,
whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive
absent manifest error. Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case may be, under this Agreement or any other Loan
Document against any amount due to the Administrative Agent under this clause (ii). 
 (d)    Evidence of
Payments. Upon request by the Company or the Administrative Agent, as the case may be, after any payment of Taxes by any Loan Party or the Administrative Agent to a Governmental Authority as provided in this Section 3.01, the Company shall
deliver to the Administrative Agent or the Administrative Agent shall deliver to the Company, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return
required by Laws to report such payment or other evidence of such payment reasonably satisfactory to the Company or the Administrative Agent, as the case may be. 

(e)    Status of Lenders; Tax Documentation. (i) Any Lender that is entitled to an exemption from or reduction
of withholding Tax with respect to payments made under any Loan Document shall deliver to the Company and the Administrative Agent, at the time or times reasonably requested by the Company or the Administrative Agent, such properly completed and
executed documentation reasonably requested by the Company or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, each Lender, if reasonably requested by the Company
or the Administrative Agent, shall deliver such other documentation prescribed by applicable Law or reasonably requested by the Company or the Administrative Agent as will enable the Company or the Administrative Agent to determine whether or not
such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such
documentation either (A) set forth in Section 3.01(e)(ii)(A), (ii)(B) and (ii)(D) below or (B) required by applicable lawLaw other than the Code or by the taxing authorities of the jurisdiction
pursuant to such applicable
lawLaw
 to comply with the requirements for exemption or reduction of withholding tax in that jurisdiction) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission
would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.  

  
 134 

 (ii)    Without limiting the generality of the
foregoing, in the event that a Borrower is a U.S. Person, 
 (A)    any Lender that is a U.S. Person
shall deliver to the Company and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Company or the Administrative Agent),
executed originals (or electronic copies) of IRS Form W 9-9 certifying that such Lender is exempt from U.S. federal backup
withholding tax; 
 (B)    any Foreign Lender shall, to the extent it is legally entitled to do
so, deliver to the Company and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter
upon the reasonable request of the Company or the Administrative Agent), whichever of the following is applicable: 

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

(2)    executed originals
(or electronic copies) of IRS Form
W-8ECI; 
 (3)    in the case of a Foreign Lender
claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit K-1 to the effect that such Foreign Lender is
not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Company within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation”
described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals
(or electronic copies) of IRS Form
W-8BEN (or W-8BEN-E, as applicable); or 

(4)    to the extent a Foreign Lender is not the beneficial owner, executed originals (or electronic copies) of IRS Form
W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN (or
W-8BEN-E, as applicable), a U.S. Tax Compliance Certificate substantially in the form of Exhibit K-2 or Exhibit K-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more
direct or indirect partners of such Foreign Lender are claiming the 

  
 135 

 
portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit K-4 on behalf of each
such direct and indirect partner; 
 (C)    any Foreign Lender shall, to the extent it is legally
entitled to do so, deliver to the Company and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to
time thereafter upon the reasonable request of the Company or the Administrative Agent), executed originals (or
electronic copies) of any other form prescribed by applicable Law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such
supplementary documentation as may be prescribed by applicable
lawLaw
 to permit the Company or the Administrative Agent to determine the withholding or deduction required to be made; and 

(D)    if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding
Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Company and
the Administrative Agent at the time or times prescribed by applicable Law and at such time or times reasonably requested by the Company or the Administrative Agent such documentation prescribed by applicable Law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Company or the Administrative Agent as may be necessary for the Company and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any
amendments made to FATCA after the Closing Date. 
 (iii)    Each Lender agrees that if any form or
certification it previously delivered pursuant to this Section 3.01 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Company and the Administrative Agent in writing of
its legal inability to do so. 
 (f)    Treatment of Certain Refunds. Unless required by applicable Laws, at no
time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes withheld or deducted from funds paid
for the account of such Lender or the L/C Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified by any Loan Party or
with respect to which any Loan Party has paid additional amounts pursuant to this Section 3.01, it shall pay to such Loan Party an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by
such Loan Party under this Section 3.01 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by such
Recipient, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided that each Loan Party, upon the request of the Recipient, agrees to repay the amount paid over to such
Loan Party (plus any penalties, interest or other charges imposed by the relevant Governmental 

  
 136 

 
Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event
will the applicable Recipient be required to pay any amount to such Loan Party pursuant to this subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such
Recipient would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been
paid. This subsection shall not be construed to require any Recipient to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to any Loan Party or any other Person. 

(g)    VAT. 

(i)    All amounts expressed to be payable under a Loan Document by any Loan Party to a Recipient which (in
whole or in part) constitute the consideration for any supply for VAT purposes are deemed to be exclusive of any VAT which is chargeable on that supply, and accordingly, subject to paragraph (ii) below, if VAT is or becomes chargeable on any
supply made by any Recipient to any Loan Party under a Loan Document and such Recipient is required to account to the relevant tax authority for the VAT, that Loan Party must pay to such Recipient (in addition to and at the same time as paying any
other consideration for such supply) an amount equal to the amount of the VAT (and such Recipient must promptly provide an appropriate VAT invoice to that Loan Party). 

(ii)    If VAT is or becomes chargeable on any supply made by any Recipient (the
“Supplier”) to any other Recipient (the “Receiving Party”) under a Loan Document, and any Loan Party other than the Receiving Party (the “Relevant Party”) is required by the terms of any Loan
Document to pay an amount equal to the consideration for that supply to the Supplier (rather than being required to reimburse or indemnify the Receiving Party in respect of that consideration): 

(A)    (where the Supplier is the person required to account to the relevant tax authority for the VAT) the
Relevant Party must also pay to the Supplier (at the same time as paying that amount) an additional amount equal to the amount of the VAT. The Receiving Party must (where this paragraph (i) applies) promptly pay to the Relevant Party an amount
equal to any credit or repayment the Receiving Party receives from the relevant tax authority which the Receiving Party reasonably determines relates to the VAT chargeable on that supply; and 

(B)    (where the Receiving Party is the person required to account to the relevant tax authority for the
VAT) the Relevant Party must promptly, following demand from the Receiving Party, pay to the Receiving Party an amount equal to the VAT chargeable on that supply but only to the extent that the Receiving Party reasonably determines that it is not
entitled to credit or repayment from the relevant tax authority in respect of that VAT. 
 (iii)    Where
a Loan Document requires any Loan Party to reimburse or indemnify a Recipient for any cost or expense, that Loan Party shall reimburse or indemnify (as the case may be) such Recipient for the full amount of such cost or expense, including such part
thereof as represents VAT, save to the extent that such Recipient reasonably determines that it is entitled to credit or repayment in respect of such VAT from the relevant tax authority. 

  
 137 

 (iv)    Any reference in this Section 3.01(g) to
any Loan Party shall, at any time when such Loan Party is treated as a member of a group for VAT purposes, include (where appropriate and unless the context otherwise requires) a reference to the Person who is treated as making the supply, or (as
appropriate) receiving the supply, under the grouping rules (as provided for in Article 11 of Council Directive 2006/112/EC or as implemented by a European Member State, or equivalent provisions in any other jurisdiction). 

(v)    In relation to any supply made by a Recipient to any Loan Party under a Loan Document, if reasonably
requested by such Recipient, that Loan Party must promptly provide such Recipient with details of that Loan Party’s VAT registration and such other information as is reasonably requested in connection with such Recipient’s VAT reporting
requirements in relation to such supply. 
 (vi)    For the avoidance of doubt, this Section 3.01(g)
shall be subject to Sections 2.20 and 2.21. 
 (h)    Survival. Each party’s obligations under this
Section 3.01 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Commitments and the repayment, satisfaction or
discharge of all other Obligations. 
 Section 3.02.    Illegality. If any Lender reasonably determines that
any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurocurrency Rate (whether denominated in Dollars or any Alternative
Currency)a Relevant Rate or the LIBOR Daily
Floating Rate or to determine or charge interest rates based upon the EurocurrencyRelevant Rate or the LIBOR Daily Floating Rate, or any Governmental
Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars or any Alternative Currency in the applicable interbank market, then, on notice thereof by such Lender to the Company
through the Administrative Agent, (i) any obligation of such Lender to make or continue Alternative
Currency Rate Loans or Eurocurrency Rate Loans in the affected currency or currencies or, in the case of Eurocurrency Rate Loans in Dollars or LIBOR Daily Floating Rate Loans, to convert Base Rate Loans to Eurocurrency Rate Loans or LIBOR Daily
Floating Rate Loans, shall be suspended, and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurocurrency Rate component of the Base
Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurocurrency Rate component of the Base Rate, in each case until such
Lender notifies the Administrative Agent and the Company that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the applicable Borrower(s) shall, upon demand from such Lender (with a copy to
the Administrative Agent), prepay Alternative Currency Loans in the affected currency or currencies or, if applicable and such Loans are denominated in Dollars, convert all Eurocurrency Rate Loans or LIBOR Daily Floating Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of
such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurocurrency Rate component of the Base Rate), in each case, immediately,
or, in the case 

  
 138 

 
of Alternative Currency Term Rate Loans, either on the last day of the
Interest Period therefor, if such Lender may lawfully continue to maintain such Alternative Currency Term Rate
Loans, Eurocurrency Rate Loans or LIBOR Daily Floating Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurocurrency Rate Loans or LIBOR Daily
Floating Rate Loans, as applicable and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurocurrency Rate, the Administrative Agent shall during the period of such suspension compute
the Base Rate applicable to such Lender without reference to the Eurocurrency Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest
rates based upon the Eurocurrency Rate. Upon any such prepayment or conversion, the applicable Borrower(s) shall also pay accrued interest on the amount so prepaid or converted. This Section 3.02 shall be subject to Section 3.03(c) hereof.

 Section 3.03.    Inability to Determine Rates. 

(a)    If in connection with any request for
aan Alternative
Currency Loan, Eurocurrency Rate Loan or a LIBOR Daily Floating Rate Loan or a conversion to or continuation thereof, (i) the Administrative Agent reasonably determines that (A) deposits
(whether in Dollars or an Alternative Currency) are not being offered to banks in the applicable offshore interbank market for such currency for the applicable amount and Interest Period of such Alternative Currency Loan, Eurocurrency Rate Loan or LIBOR Daily
Floating Rate Loan, or (B) adequate and reasonable means do not exist for (I) determining the EurocurrencyRelevant Rate for the applicable Agreed Currency for any determination date(s) or any
requested Interest Period or date of determination with
respect to a proposed Eurocurrency Rate Loan (whether denominated in Dollars or an Alternative
Currency)
Loan or in connection with an existing or proposed Base
Rate Loan or (II) the LIBOR Daily Floating Rate (in each case with respect to clause (i) above, “Impacted Loans”), or (ii) the Administrative Agent or the Required Lenders reasonably determine that for any
reason the Eurocurrency
RateRelevant Rate with respect to a proposed Loan denominated in an Agreed Currency for any requested Interest Period or date of determination with respect to a proposed Alternative Currency Loan, Eurocurrency Rate Loan or the LIBOR Daily Floating Rate does not adequately and fairly reflect the cost to such Lenders of funding such Alternative Currency Loan, Eurocurrency Rate Loan or LIBOR Daily
Floating Rate Loan, as applicable, the Administrative Agent will promptly so notify the Company and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Alternative Currency Loans, Eurocurrency Rate Loans or LIBOR Daily
Floating Rate Loans in the affected currency or currencies shall be suspended, (to the extent of the affected
Alternative Currency Loans, LIBOR Daily Floating Rate
Loans, Eurocurrency Rate Loans or Interest Periods), and (y) in the event of a determination described in the preceding sentence with respect to the Eurocurrency Rate component of the Base Rate, the utilization of the Eurocurrency Rate
component in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Company may revoke any pending request for a
Borrowing of, conversion to or continuation of Alternative Currency Loans or Eurocurrency Rate Loans in the affected currency or currencies (to the extent of the affected
Alternative Currency Rate Loans, Eurocurrency Rate Loans or
Interest Periods), LIBOR Daily Floating Rate Loans (to the extent of the affected LIBOR Daily Floating Rate Loans) or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount
specified therein. This Section 3.03(a) shall be subject to Section 3.03(c) hereof. 

  
 139 

 (b)    Notwithstanding the foregoing, if the Administrative Agent has
made the determination described in Section 3.03(a)(i), the Administrative Agent, in consultation with the applicable Borrower and the affected Lenders, may establish an alternative interest rate for the Impacted Loans, in which case, such
alternative rate of interest shall apply with respect to the Impacted Loans until (1) the Administrative Agent revokes the notice delivered with respect to the Impacted Loans under clause (a)(i) of the first sentence of Section 3.03, (2)
the Administrative Agent or the Required Lenders notify the Administrative Agent and the applicable Borrower that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of funding the Impacted Loans, or
(3) any Lender reasonably determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for such Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is
determined by reference to such alternative rate of interest or to determine or charge interest rates based upon such rate or any Governmental Authority has imposed material restrictions on the authority of such Lender to do any of the foregoing and
provides the Administrative Agent and the applicable Borrower written notice thereof. This Section 3.03(b) shall be subject to Section 3.03(c)
and
Section 3.03(d)
 hereof. 
 (c)    Notwithstanding anything to the contrary
in this Agreement or any other Loan Documents but solely with respect to Alternative Currencies and the Relevant Rates
applicable thereto, if the Administrative Agent determines (which determination shall be conclusive absent manifest error), or the applicable Borrower(s) or Required Lenders notify the
Administrative Agent (with, in the case of the Required Lenders, a copy to the Borrower) that the applicable Borrower(s) or Required Lenders (as applicable) have determined, that: 

(i)    adequate and reasonable means do not exist for ascertaining LIBOR for any requested Interest Period, including, without limitation, because the LIBOR Screen Rate is notthe Relevant Rate for an Alternative Currency because none of the tenors of such Relevant Rate (including any forward-looking
term rate thereof) is available or published on a current basis and such circumstances are unlikely to be temporary; or 

(ii)    the
applicable administrator of the LIBOR Screen Rate or
afor the Relevant Rate for an Alternative Currency, or any Governmental Authority having jurisdiction over the Administrative Agent or
such administrator, has made a public statement identifying a specific date after which LIBOR or the LIBOR
Screen Rateall tenors of the Relevant Rate for an Alternative Currency (including any forward-looking
term rate thereof) shall or will no longer be made available, or used for determining the interest rate of loans
denominated in such Alternative Currency, provided that, in each case,
at the time of such statement, there is no successor administrator that is satisfactory to the
Administrative Agent that will continue to provide such representative tenor(s) of the Relevant Rate for such Alternative Currency (the latest date on which all tenors of the Relevant Rate for such Alternative Currency (including any forward-looking
term rate thereof) are no longer representative or available permanently or indefinitely) (such specific date, the “Scheduled Unavailability Date”), or 

(iii)    syndicated loans currently being executed, or that include language similar to that contained in
this Section 3.03(c), are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace LIBORthe Relevant Rate for an Alternative Currency which notification shall include the name(s) of the borrowers with respect to such credit facilities and such credit
facilities shall be publicly available, 

  
 140 

or if the events or
circumstances of the type described in Section 3.03(c)(i), (ii) or
(iii) have
 occurred with respect to the Successor Rate then in effect, then, reasonably promptly after such determination by the Administrative Agent or receipt by the Administrative Agent of such notice,
as applicable, the Administrative Agent and the applicable Borrower(s) may amend this Agreement to replace LIBORthe Relevant Rate for an Alternative Currency in accordance with this Section 3.03
 with an alternate benchmark rate (including any mathematical or other adjustments to the benchmark (if any) incorporated therein), giving due consideration to any evolving or then existing
convention for similar syndicated credit facilities and denominated in such Alternative Currency for such alternative benchmarks
(and, in each case,
including any mathematical or other adjustments to such benchmark giving due consideration to any evolving or then existing convention for similar syndicated credit facilities and denominated in such Alternative Currency for such benchmarks, which
adjustment or method for calculating such adjustment shall be published on an information service as selected by the Administrative Agent from time to time in its reasonable discretion and may be periodically updated (and any such proposed rate, a “LIBOR including for the avoidance of doubt, any adjustment thereto, a “Successor Rate”), together with any proposed LIBOR Successor Rate Conforming Changes (as defined below) and any such amendment shall
become effective at 5:00 p.m. on the fifth Business Day after the Administrative Agent shall have posted such proposed amendment to all Lenders and the applicable Borrower(s) unless, prior to such time, Lenders comprising the Required Lenders have
delivered to the Administrative Agent written notice that such Required Lenders do not accept such amendment. Such LIBOR Successor Ratesuccessor rate shall be applied in a manner consistent with market
practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such LIBOR Successor
Ratesuccessor rate shall be applied in a
manner as otherwise reasonably determined by the Administrative Agent (after consulting with the
Company). 
 If no LIBOR Successor Rate has been determined and the circumstances under clause
(i) above exist or the Scheduled Unavailability
Date has occurred (as applicable), the Administrative Agent will promptly so notify the applicable Borrower(s) and each Lender.
Thereafter, (x) the obligation of the Lenders to make or maintain Eurocurrency Rate
Loans shall be suspended, (to the extent of the affected Eurocurrency Rate Loans or Interest Periods), and (y) the Eurocurrency Rate component shall no longer be utilized in determining the Base Rate. Upon receipt of such notice, the applicable Borrower(s) may revoke
any pending request for a Borrowing of,
conversion to or continuation of Eurocurrency Rate Loans (to the extent of the affected Eurocurrency Rate Loans or Interest Periods) or, failing
that, 
will be deemed to have converted such request into a request for a
Borrowing of Base Rate Loans (subject to the foregoing clause (y)) in the amount specified therein.  

The
Administrative Agent will promptly (in one or more notices) notify the Company and each Lender of the implementation of any Successor Rate. 

Notwithstanding
 anything else herein, if at any time any Successor Rate as so determined would otherwise be less than zero%, the Successor Rate will be deemed to be zero% for the purposes of this Agreement and the other Loan Documents. 

  
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In connection
with the implementation of a Successor Rate, the Administrative Agent will have the right to make Conforming Changes from time to
time
and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments
implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement; provided that, with respect to any such amendment effected, the Administrative Agent shall post each such
amendment implementing such Conforming Changes to the Company and the Lenders reasonably promptly after such amendment becomes effective. 

(d)
    Notwithstanding anything to the contrary herein or in any other Loan Document but solely with respect to Loans denominated in
Dollars: 
 (i)    On
 March 5,
 2021 the Financial Conduct Authority (“FCA”
), the regulatory supervisor of LIBOR’s
 administrator (“IBA”
), announced in a public statement the future cessation or loss of representativeness of overnight/Spot
Next, 1-week, 1-month, 2-month, 3-month, 6-month
and 12- month U.S. dollar LIBOR tenor settings. On the earliest of
(A) the
 date that all Available Tenors of U.S dollar LIBOR have permanently or indefinitely ceased to be provided by IBA or have been announced by the FCA pursuant to public statement or publication of information to be no longer representative,
(B) June
 30,
 2023 or such later date that all Available Tenors of U.S dollar LIBOR have permanently or indefinitely ceased to be provided by IBA and
(C) the
 Early Opt-in Effective Date in respect of a SOFR Early Opt-in, if the then-current Benchmark is LIBOR, the Benchmark Replacement will replace such Benchmark for all
purposes hereunder and under any Loan Document in respect of any setting of such Benchmark on such day and all subsequent settings without any amendment to, or further action or consent of any other party to this Agreement or any other Loan
Document. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a monthly basis. 

(ii)
    (x)
Upon
(A) the
 occurrence of a Benchmark Transition Event or (B) a determination by the Administrative Agent that neither of the alternatives under clause (a) of
 the definition of Benchmark Replacement are available, the Benchmark Replacement will replace the then-current Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. on the fifth
(5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative
Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders; provided that solely in the event that the then-current Benchmark at the time of such Benchmark Transition
Event is not a SOFR-based rate, the Benchmark Replacement therefor shall be determined in accordance with clause
(a) of
 the definition of Benchmark Replacement unless the Administrative Agent determines that neither of such alternative rates is available. 

(iii)
    On the Early Opt-in Effective Date in respect of an Other Rate Early Opt-in, the Benchmark Replacement will replace LIBOR for all purposes hereunder and under any Loan Document in respect of any setting of such Benchmark on such day and all subsequent settings without any amendment
to, or further action or consent of any other party to this Agreement or any other Loan Document. 

(iv)
    At any time that the administrator of the then-current Benchmark has permanently or indefinitely ceased to provide such
Benchmark or such Benchmark has  

  
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been announced by the regulatory supervisor for the administrator
of such Benchmark pursuant to public statement or publication of information to be no longer representative of the underlying market and economic reality that such Benchmark is intended to measure and that representativeness will not be restored,
the Borrower may revoke any request for a borrowing of, conversion to or continuation of Loans to be made, converted or continued that would bear interest by reference to such Benchmark until the
Borrower’s
 receipt of notice from the Administrative Agent that a Benchmark Replacement has replaced such Benchmark, and, failing that, the Borrower will be deemed to have converted
any
such request into a request for a borrowing of or conversion to Base Rate Loans. During the period referenced in the foregoing sentence, the component of Base
Rate based upon the Benchmark will not be used in any determination of Base Rate. 

(v)
    In connection with the
implementation and administration of a Benchmark Replacement, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes (after consulting with the Company) from time to time
and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments
implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement. 

(vi)
    The Administrative Agent will promptly notify the Borrower and the Lenders of (A) the
 implementation of any Benchmark Replacement and (B) the effectiveness of any Benchmark Replacement Conforming Changes. Any determination, decision or election that may be
made by the Administrative Agent pursuant to this Section 3.03(d), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its sole discretion and without
consent from any other party hereto, except, in each case, as expressly required pursuant to this
Section 3.03(d).
 
 (vii)    At
 any time (including in connection with the implementation of a Benchmark Replacement), (A) if the then-current Benchmark is a term rate (including Term SOFR or LIBOR), then the Administrative Agent may remove any tenor of such Benchmark that is
unavailable or, non-representative for Benchmark (including Benchmark Replacement) settings and
(B) the
 Administrative Agent may reinstate any such previously removed tenor for Benchmark (including Benchmark Replacement) settings. 

Notwithstanding anything else herein, any definition of
LIBOR Successor Rate shall provide that in no event shall such LIBOR Successor Rate be less than zero for purposes of this Agreement. 

For purposes hereof, “LIBOR Successor Rate Conforming Changes” means, with respect to any proposed LIBOR Successor Rate, any conforming changes to
the definition of Base Rate, Interest Period, timing
and frequency of determining rates and making payments of interest and other administrative matters as may be appropriate, in the reasonable discretion of the Administrative Agent in consultation with the
Borrower, to reflect the adoption of such LIBOR
Successor Rate and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market 

  
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practice (or, if the Administrative Agent determines that adoption of any portion of such market practice is
not administratively feasible or that no market practice for the administration of such LIBOR Successor Rate exists, in such other manner of administration as
the Administrative Agent determines is reasonably necessary in connection with the administration of this Agreement). 

Section 3.04.    Increased Costs;
Reserves on Eurocurrency Rate Loans. 

(a)    Increased Costs Generally. If any Change in Law shall: 

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

 (ii)    subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes
described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or
capital attributable thereto; or 
 (iii)    impose on any Lender or the L/C Issuer or the London
interbank market any other condition, cost or expense (other than Taxes) affecting this Agreement or Eurocurrency Rate Loans made by such Lender or
Alternative Currency Loans made by such Lender and/or any
Letter of Credit or participation therein; 
 and the result of any of the foregoing shall be to increase the cost to such Lender of making,
converting to, continuing or maintaining any Loan the interest on which is determined by reference to the Eurocurrency Rate
or Alternative Currency Loans (or, in the case of clause
(ii) above, any Loan), or of maintaining its obligation to make any such Loan, or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to
participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or the L/C
Issuer, the applicable Borrower(s) will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case may be, for such additional costs incurred or reduced
amount received or receivable. 
 (b)    Capital Requirements. If any Lender or the L/C Issuer reasonably
determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have the
effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender
or the Loans made by, or participations in Letters of Credit or Swing Line Loans held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C
Issuer’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect
to capital adequacy and liquidity), 

  
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then from time to time the applicable Borrower(s) will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer
or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered; provided that such amounts shall only be payable by the Borrower to the applicable Lender, the L/C Issuer or such Lender’s or the L/C
Issuer’s holding company under this Section 3.04(b) so long as it is such Lender’s, L/C Issuer’s or such Lender’s or the L/C Issuer’s holding company’s general policy or practice to demand compensation in similar
circumstances under comparable provisions of similar financing agreements. 
 (c)    Certificates for
Reimbursement. A certificate of a Lender or the L/C Issuer setting forth the amount or amounts necessary to compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this
Section and delivered to the Company shall be conclusive absent manifest error. The applicable Borrower(s) shall pay such Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate within 10 days after receipt
thereof. 
 (d)    Delay in Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand
compensation pursuant to the provisions of this Section 3.04 shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such compensation, provided that no Loan Party shall be required to compensate a
Lender or the L/C Issuer pursuant to the provisions of this Section for any increased costs incurred or reductions suffered more than six months prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the Company of the
Change in Law giving rise to such increased costs or reductions and of such Lender’s or the L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is
retroactive, then the six-month period referred to above shall be extended to include the period of retroactive effect thereof). 

(e)    Additional Reserve Requirements. The applicable Borrower(s) shall pay to each Lender, (i) as long as
such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal
amount of each Alternative Currency Loan and Eurocurrency Rate
Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), and (ii) as long as such Lender shall be required to comply with any
reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Alternative Currency Rate Loans or Eurocurrency Rate Loans, such
additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith,
which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided that (i) the applicable Borrower shall have received at least 10 days’ prior
notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender and (ii) such amounts shall only be payable by the Borrower to the applicable Lender under this Section 3.04(e) so long as it is in such
Lender’s general policy or practice to demand compensation in similar circumstances under comparable provisions of similar financing agreements. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such
additional interest shall be due and payable 10 days from receipt of such notice. 
 (f)    For the avoidance of
doubt, this Section 3.04 shall be subject to Section 2.20. 

  
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 Section 3.05.    Compensation for Losses. Upon demand of any
Lender (with a copy to the Administrative Agent) from time to time, the applicable Borrower (with respect to any Borrowings made by such Borrower) shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense
directly incurred by it as a result of: 
 (a)    any continuation, conversion, payment or prepayment of any EurocurrencyLoan other than
a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 

(b)    any failure by any such Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay,
borrow, continue or convert any
EurocurrencyLoan
other than a Base Rate Loan on the date or in the amount notified by the applicable Borrower (or any other Borrower); 

(c)    any failure by any Borrower to make payment of any Loan or drawing under any Multicurrency Letter of Credit (or
interest due thereon) denominated in an Alternative Currency on its scheduled due date or any payment thereof in a different currency; or 

(d)    any assignment of
aan Alternative
Currency Term Rate Loan or Eurocurrency Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Company pursuant to Section 10.13;

 including any foreign exchange losses and any loss or expense directly arising from the liquidation or reemployment of funds obtained by it to
maintain such Loan, from fees payable to terminate the deposits from which such funds were obtained or from the performance of any foreign exchange contract (but expressly excluding any loss of anticipated profits). 

For purposes of calculating amounts payable by the Borrowers to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each
Eurocurrency Rate Loan or Alternative Currency Term Rate Loan made
by it at the Eurocurrency Rate or Alternative Currency Term Rate, as applicable, for such Loan by a matching deposit or other borrowing in the offshore interbank market for such currency for a comparable amount and for a comparable period, whether or not such Eurocurrency Rate Loan or Alternative Currency Term Rate Loan was in fact so funded. For the
avoidance of doubt, this Section 3.05 shall be subject to Section 2.20. 

Section 3.06.    Mitigation Obligations; Replacement of Lenders. 

(a)    Designation of a Different Lending Office. Each Lender may make any Credit Extension to any Borrower through
any Lending Office, provided that the exercise of this option shall not affect the obligation of such Borrower to repay the Credit Extension in accordance with the terms of this Agreement. If any Lender or the L/C Issuer requests compensation under
Section 3.04, or any Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender, the L/C Issuer, or any Governmental Authority for the account of any Lender or the L/C Issuer pursuant to Section 3.01, or if any
Lender gives a notice pursuant to Section 3.02, then at the request of the Company such Lender or the L/C Issuer shall, as applicable, use reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or
to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender or the L/C Issuer, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to
Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender or the L/C Issuer, as the case may be, to any
unreimbursed cost or 

  
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expense and would not otherwise be disadvantageous to such Lender or the L/C Issuer, as the case may be. The applicable Borrower(s) hereby agrees to pay all reasonable costs and expenses incurred
by any Lender or the L/C Issuer in connection with any such designation or assignment. 
 (b)    Replacement of
Lenders. If any Lender requests compensation under Section 3.04, or if any Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to
Section 3.01 and, in each case, such Lender has declined or is unable to designate a different lending office in accordance with Section 3.06(a), the Borrowers may replace such Lender in accordance with Section 10.13. 

Section 3.07.    Survival. All obligations of the Loan Parties under this Article 3 shall survive termination
of the Aggregate Commitments, repayment of all other Obligations hereunder, and resignation of the Administrative Agent. 
 ARTICLE 4 

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 

Section 4.01.    Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender to
make its initial Credit Extension on the Closing Date hereunder is subject to prior or concurrent satisfaction of the following conditions precedent (subject to Section 6.12(c) hereof): 

(a)    The Administrative Agent’s receipt of the following, each of which shall be originals or electronic copies
(followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated the Closing Date (or, in the case of certificates of governmental officials and certain other
documents to be agreed, a recent date before the Closing Date) and each in form and substance satisfactory to the Administrative Agent and each of the Lenders: 

(i)    executed counterparts of this Agreement and each other Loan Document, sufficient in number for
distribution to the Administrative Agent, each Lender and the Company; 
 (ii)    Notes executed by the
Borrowers party to this Agreement on the Closing Date in favor of each Lender requesting Notes; 

(iii)    (A) sufficient copies of each Organizational Document of each Loan Party, as applicable, and, to
the extent applicable, certified as of the Closing Date or a recent date prior thereto by the appropriate Governmental Authority; (B) signature and incumbency certificates of the officers of such Persons executing the Loan Documents on behalf
of each Loan Party; (C) copies of resolutions of the Board of Directors or similar governing body of each Loan Party approving and authorizing the execution, delivery and performance of this Agreement and the other Loan Documents to which it is
a party or by which it or its assets may be bound as of the Closing Date and, in respect of the U.K. Borrower, authorizing the Company to act as its agent in connection with the Loan Documents, certified as of the Closing Date by its secretary or an
assistant secretary as being in full force and effect without modification or amendment; (D) other than with respect to the U.K. Borrower, a good standing certificate from the applicable Governmental Authority of each Loan Party’s
jurisdiction of incorporation, organization or formation, dated the Closing Date or a recent date prior thereto and (E) to the extent 

  
 147 

 
requested by the Administrative Agent in respect of the U.K. Borrower, (i) copies of resolutions of its shareholders approving the terms of, and the transactions contemplated by, the Loan
Documents to which the U.K. Borrower is a party and (ii) a certificate signed by a Responsible Officer of the U.K. Borrower certifying that the U.K. Borrower Sublimit would not cause any borrowing or similar limit binding on it to be exceeded.

 (iv)    a favorable opinion of Brown Rudnick LLP, counsel for the U.S. Loan Parties, Whyte
Hirschboeck Dudek S.C., Wisconsin counsel for the Loan Parties (or another law firm reasonably acceptable to Administrative Agent) and Brown Rudnick LLP, U.K. counsel for the U.K. Borrower, in each case as to such matters as the Administrative Agent
may reasonably request, dated as of the Closing Date and otherwise in form and substance reasonably satisfactory to the Administrative Agent; 

(v)    [reserved]; 

(vi)    a certificate signed by a Responsible Officer of the Company certifying (A) that the
conditions specified in Sections 4.02(a) and (b) have been satisfied and (B) that there has been no event or circumstance since September 27, 2014 that has had or could be reasonably expected to have, either individually or in
the aggregate, a Material Adverse Effect; 
 (vii)    a certificate from the applicable Loan Party’s
insurance broker or other evidence satisfactory to the Administrative Agent that all insurance required to be maintained pursuant to Section 6.05 is in full force and effect, together with endorsements naming the Collateral Agent, for the
benefit of Secured Parties, as additional insured and loss payee thereunder to the extent required under Section 6.05; 

(viii)    (A) evidence that the outstanding obligations under the Existing Credit Agreement shall have been
repaid in full and all commitments to lend or make other extensions of credit thereunder shall have been terminated and (B) all documents or instruments necessary to release or evidence the release of all Liens securing the obligations under
the Existing Credit Agreement or other obligations thereunder being repaid on the Closing Date (the “Refinancing”); 

(ix)    a certificate attesting to the Solvency of the Company and its Subsidiaries, taken as a whole,
after giving effect to the Transactions (as defined in the Solvency Certificate) and the Borrowings hereunder as if they occurred on the Closing Date, from the Company’s chief financial officer, substantially in the form of Exhibit M; 

(x)    a certificate signed by the chief financial officer of the Company certifying (on a Pro Forma Basis
after giving effect to the incurrence of Indebtedness under the Facilities, the Refinancing and the other transactions to occur on the Closing Date) that the Company is in compliance with the financial covenants in Section 7.07 as of the last
day of the then-most recently completed Test Period. 
 (xi)    [Reserved]. 

(xii)    Personal Property Collateral: 

(A)    evidence that each U.S. Loan Party shall have taken or caused to be taken any action, executed and
delivered or caused to be executed and 

  
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delivered any agreement, document or instrument (including any Intellectual Property Security Agreements, intercompany notes evidencing Indebtedness permitted to be incurred pursuant to
Section 7.01(b) or (x), UCC financing statements, originals of securities, instruments and chattel paper, any agreements governing deposit and/or securities accounts, in each case, to the extent required under and subject to the provisions of
the Pledge and Security Agreement and any other Collateral Documents) and made or caused to be made searches of UCC filings in the jurisdiction of the chief executive office and state of organization of each U.S. Loan Party and each jurisdiction
where a UCC filing would need to be made in order to perfect the Collateral Agent’s security interest in the Collateral, or any filing or recording in furtherance thereof or in connection therewith, in each case, to the extent reasonably
required by the Collateral Agent and in each case, subject to the provisions of the Pledge and Security Agreement and the other provisions hereof; 

(B)    completed Perfection Certificate dated as of the Closing Date and executed by a Responsible Officer
of each U.S. Loan Party, together with all attachments contemplated thereby; 
 (C)    fully executed
Intellectual Property Security Agreements, in proper form for filing or recording in the United States Patent and Trademark Office and the United States Copyright Office, as applicable, in accordance with Section 4.03 of the Pledge and Security
Agreement; and 
 (D)    evidence that each U.S. Loan Party shall have taken or caused to be taken any
other action, executed and delivered or caused to be executed and delivered any other agreement, document and instrument and made or caused to be made any other filing and recording (other than as set forth herein) reasonably required by Collateral
Agent. 
 (b)    Any fees required to be paid pursuant to the Fee Letter on or before the Closing Date shall have been
paid. It is hereby expressly acknowledged and agreed that any fees paid pursuant to this clause (b) shall be paid in accordance with the Flow of Funds Memorandum delivered by the Company to the Administrative Agent on the Closing Date. 

(c)    The Company shall have paid all fees, charges and disbursements of counsel to the Administrative Agent (directly to
such counsel if requested by the Administrative Agent) to the extent reimbursable hereunder and invoiced prior to or on the Closing Date). It is hereby expressly acknowledged and agreed that any fees paid pursuant to this clause (c) shall be
paid in accordance with the Flow of Funds Memorandum delivered by the Company to the Administrative Agent on the Closing Date 

(d)    USA Patriot Act. The Loan Parties shall have provided the documentation and other information to the
Administrative Agent and Lenders that are required by regulatory authorities under applicable “know-your-customer” rules and regulations, including the Patriot
Act (including, to the extent required by such regulatory authorities, applicable beneficial ownership
certificates), to the extent the Company shall have received written requests therefor at least seven (7) Business Days prior to the Closing Date.  

(e)    The Closing Date shall have occurred on or before June 30, 2015. 

  
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 Without limiting the generality of the provisions of the last paragraph of
Section 9.03, for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each
document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its
objection thereto. 
 Section 4.02.    Conditions to all Credit Extensions. The obligation of each Lender to
honor any Request for Credit Extension (other than a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurocurrency Rate
Loans or Alternative Currency Term Rate Loans) is subject to the
satisfaction or waiver in accordance with Section 10.01 of following conditions precedent: 
 (a)    The
representations and warranties of the Company and each other Loan Party contained in Article 5 or any other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith, shall be true and
correct in all material respects (or, with respect to any such representation or warranty that is qualified by materiality or Material Adverse Effect, in all respects) on and as of the date of such Credit Extension, except to the extent that such
representations and warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (or, with respect to any such representation or warranty that is qualified by materiality or Material Adverse
Effect, in all respects) as of such earlier date, and except that for purposes of this Section 4.02, the representations and warranties contained in Sections 5.08(a) and (b) shall be deemed to refer to the then-most recent statements
furnished pursuant to Sections 6.01(a) and (b), respectively. 
 (b)    No Default shall exist, or would result
from such proposed Credit Extension or from the application of the proceeds thereof. 
 (c)    The Administrative Agent
and, if applicable, the L/C Issuer or the Swing Line Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. 

(d)    If the applicable Borrower is a Designated Borrower, then the conditions of Section 2.14 to the designation of
such Borrower as a Designated Borrower shall have been met to the reasonable satisfaction of the Administrative Agent. 

(e)    In the case of a Credit Extension to be denominated in an Alternative Currency, there shall not have occurred any
change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Multicurrency Revolving Credit Lenders (in the
case of any Loans to be denominated in an Alternative Currency) or the L/C Issuer (in the case of any Multicurrency Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension to be
denominated in the relevant Alternative Currency. 
 Each Request for Credit Extension (other than a Committed Loan Notice requesting only a
conversion of Loans to the other Type or a continuation of Eurocurrency Rate Loans or Alternative Currency Term
Rate Loans) submitted by a Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a), (b) and, if applicable, (d) have been satisfied on
and as of the date of the applicable Credit Extension. 

  
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 Section 4.03.    Conditions to the Restatement Date.
The obligation of the L/C Issuer and each Lender to make its Credit Extension hereunder on the Restatement Date is subject to prior or concurrent satisfaction of the following conditions precedent (subject to Section 6.12(c) hereof): 

(a)    The Administrative Agent’s receipt of the following, each of which shall be originals or electronic copies
(followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated the Restatement Date (or, in the case of certificates of governmental officials and certain other
documents to be agreed, a recent date before the Restatement Date) and each in form and substance satisfactory to the Administrative Agent and each of the Lenders: 

(i)    executed counterparts of this Agreement, sufficient in number for distribution to the Administrative
Agent, each Lender and the Company; 
 (ii)    (A) sufficient copies of each Organizational Document of
each Loan Party, as applicable, and, to the extent applicable, certified as of the Restatement Date or a recent date prior thereto by the appropriate Governmental Authority; (B) signature and incumbency certificates of the officers of such
Persons executing the Loan Documents on behalf of each Loan Party; (C) copies of resolutions of the Board of Directors or similar governing body of each Loan Party approving and authorizing the execution, delivery and performance of this
Agreement and the other Loan Documents to which it is a party or by which it or its assets may be bound as of the Restatement Date and, in respect of the U.K. Borrower, authorizing the Company to act as its agent in connection with the Loan
Documents, certified as of the Restatement Date by its secretary or an assistant secretary as being in full force and effect without modification or amendment; (D) other than with respect to the U.K. Borrower, a good standing certificate from
the applicable Governmental Authority of each Loan Party’s jurisdiction of incorporation, organization or formation, dated as of the Restatement Date or a recent date prior thereto and (E) to the extent requested by the Administrative
Agent in respect of the U.K. Borrower, (i) copies of resolutions of its shareholders approving the terms of, and the transactions contemplated by, the Loan Documents to which the U.K. Borrower is a party and (ii) a certificate signed by a
Responsible Officer of the U.K. Borrower certifying that the U.K. Borrower Sublimit would not cause any borrowing or similar limit binding on it to be exceeded. 

(iii)    a favorable opinion of Brown Rudnick LLP, counsel for the Loan Parties, dated as of the
Restatement Date, in a form consistent with the opinion delivered by Brown Rudnick LLP on the Closing Date (other than opinions regarding real property); and 

(iv)    a certificate signed by a Responsible Officer of the Company certifying (a) that the
conditions specified in Sections 4.02(a) and (b) have been satisfied and (b) that there has been no event or circumstance since September 24, 2016 that has had or could be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect. 
 (b)    Concurrently with the making of the 2017 Refinancing Term Loans and the
2017 Incremental Term Loans, (a) the entire aggregate principal amount of the Existing Term A Loans and (b) all accrued interest, fees and other amounts accrued prior to this Agreement becoming effective in connection therewith shall have
been paid in full and all Interest Periods in respect thereof shall have been terminated; 

  
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 (c)    Concurrently with the availability of the 2017 Revolving Credit
Commitments, (i) the Revolving Credit Commitments in effect immediately prior to this Agreement becoming effective shall have been terminated and the entire aggregate principal amount of the all Revolving Credit Loans outstanding immediately
prior to this Agreement becoming effective shall have been paid in full and (ii) all accrued interest, fees and other amounts accrued prior to this Agreement becoming effective in connection therewith shall have been paid in full and all
Interest Periods in respect thereof shall have been terminated; 
 (d)    Any fees required to be paid pursuant to the
Fee Letter on or before the Restatement Date shall have been paid. It is hereby expressly acknowledged and agreed that any fees paid pursuant to this clause (d) shall be paid in accordance with the Flow of Funds Memorandum delivered by the
Company to the Administrative Agent on the Restatement Date. 
 (e)    The Company shall have paid all fees, charges and
disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent reimbursable hereunder and invoiced prior to or on the Restatement Date). It is hereby expressly acknowledged and
agreed that any fees paid pursuant to this clause (e) shall be paid in accordance with the Flow of Funds Memorandum delivered by the Company to the Administrative Agent on the Restatement Date 

(f)    The Loan Parties shall have provided the documentation and other information to the Administrative Agent and
Lenders that are required by regulatory authorities under applicable “know-your-customer” rules and regulations, including the Patriot Act, to the extent the Company shall have received written requests therefor at least three
(3) Business Days prior to the Restatement Date. 
 (g)    The Administrative Agent shall have received all
documents or instruments necessary to release or evidence the release of all Liens and to discharge any mortgages recorded in favor of the Collateral Agent on real property securing the obligations under the Original Credit Agreement. 

(h)    The Restatement Date shall have occurred on or before October 31, 2017. 

Without limiting the generality of the provisions of the last paragraph of Section 9.03, for purposes of determining compliance with the
conditions specified in this Section 4.03, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or
approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the Restatement Date specifying its objection thereto. 

ARTICLE 5 
 REPRESENTATIONS AND
WARRANTIES 
 In order to induce the Lenders and the L/C Issuer to enter into this Agreement and to make each Credit Extension to be made
thereby, each Loan Party makes the following 

  
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representations and warranties to each Lender and the L/C Issuer, on the RestatementSecond Amendment Effective Date and on each Credit Date: 

Section 5.01.    Organization; Requisite Power and Authority; Qualification. Each of the Borrowers and their
Subsidiaries (other than any Immaterial Subsidiary) (a) is duly organized, validly existing and (to the extent the concept is applicable in such jurisdiction) in good standing under the laws of its jurisdiction of organization as identified in
Schedule 5.01 as of the Restatement Date, (b) has all requisite power and authority (i) to own and operate its properties and carry on its business as now conducted and as proposed to be conducted except to the extent the combined effect
of all such failures and exceptions would not have a Material Adverse Effect, (ii) to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby and (iii) to the extent such concepts are
applicable in such jurisdictions, is qualified to do business and in good standing in every jurisdiction where its assets are located and wherever necessary to carry out its business and operations, except in jurisdictions where the failure to be so
qualified or in good standing has not had, and would not be reasonably expected to have, a Material Adverse Effect. 

Section 5.02.    Equity Interests and Ownership. The Equity Interests of each Subsidiary of the Company (other
than any Immaterial Subsidiary) and the other Loan Parties have been duly authorized and validly issued and is fully paid and non-assessable. As of the Restatement Date, there is no existing option, warrant,
call, right, commitment or other agreement to which the Borrowers or any of their Subsidiaries (other than any Immaterial Subsidiary) is a party requiring, and there is no membership interest or other Equity Interests of the Borrowers or any of
their Subsidiaries (other than any Immaterial Subsidiary) outstanding which upon conversion or exchange would require, the issuance by such Borrower or such Subsidiary of any additional membership interests or other Equity Interests of such Borrower
or such Subsidiary or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase, a membership interest or other Equity Interests of such Borrower or such Subsidiary. Schedule 5.02 correctly sets forth
the organizational structure, including the ownership interest of each Borrower and each of its Subsidiaries in their respective Subsidiaries, and capital structure of the Borrowers and their Subsidiaries as of the Restatement Date. 

Section 5.03.    Due Authorization. The execution, delivery and performance of the Loan Documents have been
duly authorized by all necessary action on the part of each Loan Party that is a party thereto. 

Section 5.04.    No Conflict. The execution, delivery and performance by the Loan Parties of the Loan
Documents to which they are parties and the consummation of the transactions contemplated by the Loan Documents do not and will not (a) violate (i) any provision of any law or any governmental rule or regulation applicable to the Borrowers or
any of their Subsidiaries except to the extent that such violation would not have a Material Adverse Effect, (ii) any of the Organizational Documents of the Borrowers or any of their Subsidiaries, or (iii) in any material respect, any
order, judgment or decree of any court or other agency of government binding on the Borrowers or any of their Subsidiaries; (b) conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any
Contractual Obligation of the Borrowers or any of their Subsidiaries, except to the extent the combined effect of all such conflicts, breaches and defaults would not have a Material Adverse Effect; (c) result in or require the creation or
imposition of any Lien upon any of the properties or assets of the Company or any of its Subsidiaries (other than any Liens permitted under any of the Loan Documents or created under any of the Loan Documents in favor of the Collateral Agent, on
behalf of the Secured Parties); or (d) require any approval of stockholders, members or partners or any approval or consent of any Person under any Contractual Obligation of the Borrowers or any of their Subsidiaries, except (x) for such
approvals or consents which will be obtained on or before the
RestatementSecond
Amendment Effective Date and disclosed in writing to Lenders or (y) to the extent the combined effect of the failure to obtain all such approvals and consents would not have a Material
Adverse Effect. 

  
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 Section 5.05.    Governmental Consents. As of the
Restatement Date, the execution, delivery and performance by the Loan Parties of the Loan Documents to which they are parties and the consummation of the transactions contemplated by the Loan Documents do not and will not require any registration
with, consent or approval of, or notice to, or other action to, with or by, any Governmental Authority, unless such action is taken, notice given or consents obtained on or prior to the Restatement Date and except for (a) filings and recordings
with respect to the Collateral to be made, or otherwise delivered to the Collateral Agent for filing and/or recordation, on or before the Restatement Date and (b) those registrations with, consents approvals or approvals of, or notices to, or
other action to, with or by, any Governmental Authority, the failure of which to obtain, make or take would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

Section 5.06.    Binding Obligation. Each Loan Document has been duly executed and delivered by each Loan
Party that is a party thereto and is the legally valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its respective terms, except as may be limited by bankruptcy, insolvency, reorganization,
moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability. 

Section 5.07.    Reserved. 

Section 5.08.    Financial Statements. 

(a)    The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the
period covered thereby, except as otherwise expressly noted therein; and (ii) fairly present in all material respects the financial condition of the Company and its Subsidiaries as of the date thereof and their results of operations, cash flows
and changes in shareholders’ equity for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein. 

(b)    The unaudited consolidated balance sheets of the Company and its Subsidiaries dated July 1, 2017, and the
related consolidated statements of income or operations, shareholders’ equity and cash flows for the Fiscal Quarter ended on that date (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby,
except as otherwise expressly noted therein, and (ii) fairly present in all material respects the financial condition of the Company and its Subsidiaries as of the date thereof and their results of operations, cash flows and changes in
shareholders’ equity for the period covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. 

Section 5.09.    No Material Adverse Effect. Since September 24, 2016, no event, circumstance or change
has occurred that has caused or evidences, either in any case or in the aggregate, a Material Adverse Effect. 

Section 5.10.    No Restricted Junior Payments. Since September 24, 2016, neither the Borrowers nor any
of their Subsidiaries has directly or indirectly declared, ordered, paid or made, or set apart any sum or property for, any Restricted Junior Payment or agreed to do so except as permitted pursuant to Section 7.04 (or, with respect to the
period prior to the Restatement Date, would have been permitted if this Agreement had been in effect at such time). 

  
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 Section 5.11.    Adverse Proceedings, Etc. Except as set
forth on Schedule 5.11, as of the Restatement Date, there are no Adverse Proceedings, that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. Neither the Borrowers nor any of their Subsidiaries
(a) is in violation of any applicable laws (including Environmental Laws) that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect or (b) is subject to or in default with respect to any final
judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that, individually or in the
aggregate, would reasonably be expected to have a Material Adverse Effect. 
 Section 5.12.    Payment of
Taxes. Except as otherwise permitted under Section 6.03, all federal, state and other Tax returns and Tax reports of the Borrowers and their Subsidiaries required to be filed by any of them have been timely filed (taking into account any
extension of time granted to them), and all federal, state and other Taxes shown on such Tax returns to be due and payable and all federal, state, and other Taxes, assessments, fees and other governmental charges upon the Borrowers and their
Subsidiaries and upon their respective properties, assets, income, businesses and franchises which are due and payable have been paid when due and payable, except those (a) which are being contested in good faith by appropriate proceedings and
for which adequate reserves have been made or provided in accordance with GAAP or (b) with respect to which the failure to make such filing or payment would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. Each Borrower has not received notice of any proposed federal, state or other Tax assessment against such Borrower or any of its Subsidiaries except those (a) which are being actively contested by such Borrower or such
Subsidiary in good faith and by appropriate proceedings and for which adequate reserves have been made or provided in accordance with GAAP or (b) with respect to which the failure to pay such proposed Tax assessment would not, individually or
in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 Section 5.13.    Properties.

 (a)    Title. Each of the Borrowers and each of their Subsidiaries has (i) good, sufficient and legal
title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), (iii) valid licensed rights in (in the case of licensed interests in Intellectual
Property) and (iv) good title to (in the case of all other personal property) all of their respective properties and assets reflected in their respective Audited Financial Statements referred to in Section 5.08 and in the then-most recent
financial statements delivered pursuant to Section 6.01, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 7.08, except for
such defects in title, leasehold interest or licensed interest as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Except as permitted by this Agreement or any Collateral Document, all such
properties and assets are free and clear of Liens in all material respects. 
 (b)    Real Estate. As of the
Restatement Date, Schedule 5.13(b) contains a true, accurate and complete list of (i) all Domestic Real Estate Assets, the fee interest with respect to which, is owned by a Loan Party and (ii) all leases, licenses or other occupancy
arrangements (together with all amendments, modifications, supplements, renewals or extensions of any thereof) currently in effect with respect to any Material Real Estate Asset. Each lease or assignments of lease affecting any Real Estate Asset of
any U.S. Loan Party, regardless of whether such U.S. Loan Party is the landlord or tenant (whether directly or as an assignee or successor in interest) under such lease or assignment is in full force and effect with respect to

  
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such U.S. Loan Party and the Company does not have knowledge of any default that has occurred and is continuing thereunder, except where such defaults individually or in the aggregate would not
reasonably be expected to have a Material Adverse Effect, and each such agreement constitutes the legally valid and binding obligation of each applicable U.S. Loan Party, enforceable against such U.S. Loan Party in accordance with its terms, except
as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles. 

(c)    Intellectual Property. Each of the Borrowers and each of their Subsidiaries owns or is validly licensed to
use all Intellectual Property that is necessary for the present conduct of its business, free and clear of Liens (other than Permitted Liens), without conflict with the rights of any other Person unless the failure to own or benefit from such valid
license would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. As of the Restatement Date, neither the Borrowers nor any of their Subsidiaries is infringing, misappropriating, diluting or otherwise
violating the Intellectual Property rights of any other Person unless (x) such infringement, misappropriation, dilution or violation would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect or
(y) set forth on Schedule 5.13 hereof. As of the Restatement Date, other than as set forth on Schedule 5.13(c), there is no pending or, to the best knowledge of the Borrowers and their Subsidiaries, threatened claim, investigation, litigation
or other proceeding against the Borrowers or any of their Subsidiaries alleging any such infringement, misappropriation, dilution or other violation that, individually or in the aggregate, would reasonably be expected to have a Material Adverse
Effect. To the best knowledge of the Borrowers and their Subsidiaries, during the past two (2) years (or earlier if presently not resolved), no Person has infringed, misappropriated, diluted or otherwise violated any Intellectual Property
Assets unless such infringement, misappropriation, dilution or violation would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Each of the Borrowers and each of their Subsidiaries has taken and are
taking commercially reasonable steps, consistent with industry standards, to maintain and protect all Intellectual Property Assets that are material to the conduct of its respective business unless failure to take such steps would not, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 Section 5.14.    Environmental
Matters. Neither the Borrowers nor any of their Subsidiaries nor any of their respective Real Property Facilities or operations are subject to any outstanding written order, consent decree or settlement agreement with any Person relating to any
Environmental Law, any Environmental Claim or any Hazardous Materials Activity that, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. Neither the Borrowers nor any of their Subsidiaries or, to any
Loan Party’s knowledge, any predecessor of the Borrowers or any of their Subsidiaries, has received any letter or request for information under Section 104 of the Comprehensive Environmental Response, Compensation, and Liability Act (42
U.S.C. § 9604) or any comparable state law that would reasonably be expected to have a Material Adverse Effect. There are no and, to each of the Borrowers’ and their Subsidiaries’ knowledge, have been no, conditions, occurrences
or Hazardous Materials Activities which would reasonably be expected to form the basis of an Environmental Claim against the Borrowers or any of their Subsidiaries or any predecessor of the Borrowers or any of their Subsidiaries that, individually
or in the aggregate, would reasonably be expected to have a Material Adverse Effect. None of the Borrowers’ and their Subsidiaries’ operations that involve the generation, transportation, treatment, storage or disposal of hazardous waste,
including as defined under 40 C.F.R. Parts 260 et seq. or any state equivalent, individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect. Compliance with all requirements pursuant to or under Environmental
Laws would not be reasonably expected to 

  
 156 

 
have, individually or in the aggregate, a Material Adverse Effect. No event or condition has occurred or is occurring with respect to the Borrowers or any of their Subsidiaries or, to any Loan
Party’s knowledge, any predecessor of the Borrowers or any of their Subsidiaries, relating to any Environmental Law or any Hazardous Materials Activity which individually or in the aggregate has had, or would reasonably be expected to have, a
Material Adverse Effect. 
 Section 5.15.    No Defaults. Neither the Borrowers nor any of their
Subsidiaries are in material default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists which, with the giving of notice or the
lapse of time or both, could constitute such a default, except, in each case, where the consequences, direct or indirect, of such default or defaults, if any, would not reasonably be expected to have a Material Adverse Effect. 

Section 5.16.    Material Contracts. Schedule 5.16 contains a true, correct and complete list of all
agreements evidencing Contractual Obligations of the Borrowers and their Subsidiaries in effect on the Restatement Date which are required by U.S. securities laws to be filed by the Company as exhibits to the periodic reports it files with the SEC
except for employment agreements, management contracts or compensatory plans, contracts or arrangements. Except as set forth on Schedule 5.16, as of the Restatement Date, all Material Contracts are in full force and effect and, to the Company’s
knowledge, no defaults currently exist thereunder. 
 Section 5.17.    Governmental Regulation. 

(a)    Neither the Borrowers nor any of their Subsidiaries is required to register or is subject to regulation under
(i) the Investment Company Act of 1940 or (ii) any other federal or state statute or regulation which, in each case, may limit its ability to incur Indebtedness or which may otherwise render all or any portion of the Obligations
unenforceable. 
 (b)    Neither the Borrowers nor any of their Subsidiaries are a “registered investment
company” or a company “controlled” by a “registered investment company” or a “principal underwriter” of a “registered investment company” as such terms are defined in the Investment Company Act of 1940.

 Section 5.18.    Margin Stock. After applying the proceeds of the Loans, not more than 25% of the value
of assets of the Borrowers and their Subsidiaries, taken as a whole, consist of Margin Stock (within the meaning of Regulation U issued by the FRB). Neither the Borrowers nor any of their Subsidiaries are engaged principally, or as one of its
important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock. 

Section 5.19.    Employee Matters. Neither the Borrowers nor any of their Subsidiaries are engaged in any
unfair labor practice that would reasonably be expected to have a Material Adverse Effect. There is (a) no unfair labor practice complaint pending against the Borrowers or any of their Subsidiaries, or to the knowledge of the Borrowers,
threatened against any of them before the National Labor Relations Board and no grievance or arbitration proceeding arising out of or under any collective bargaining agreement that is so pending against the Borrowers or any of their Subsidiaries or
to the knowledge of the Borrowers, threatened against any of them, (b) no strike or work stoppage in existence or threatened involving the Borrowers or any of their Subsidiaries and (c) to the knowledge of the Borrowers, no union
representation question existing with respect to the employees of the Borrowers or any of their Subsidiaries and, to the knowledge of the Borrowers, no union organization activity that is taking place, except (with respect to any matter specified in
clause (a), (b) or (c) above, either individually or in the aggregate) such as would not reasonably be expected to have a Material Adverse Effect. 

  
 157 

 Section 5.20.    Employee Benefit Plans. Except as would not
reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, the Borrowers, each of their Subsidiaries and each of their respective ERISA Affiliates are in compliance with all applicable provisions and
requirements of ERISA and the Code and the regulations and published interpretations thereunder with respect to each Employee Benefit Plan, and have performed all their obligations under each Employee Benefit Plan. Except as would not reasonably be
expected, individually or in the aggregate, to result in a Material Adverse Effect, each Employee Benefit Plan which is intended to qualify under Section 401(a) of the Code has received or requested a favorable determination, opinion, or
advisory letter from the Internal Revenue Service indicating that such Employee Benefit Plan is so qualified and nothing has occurred subsequent to the issuance of such determination letter which would cause such Employee Benefit Plan to lose its
qualified status. Except as would not reasonably expected, individually or in the aggregate, to result in a Material Adverse Effect, no liability to the PBGC (other than required premium payments), the Internal Revenue Service, any Employee Benefit
Plan or any trust established under Title IV of ERISA has been or is expected to be incurred by the Borrower, any of its Subsidiaries or any of their ERISA Affiliates. No ERISA Event has occurred or is reasonably expected to occur that, either alone
or together with all other such ERISA Events, would reasonably be expected to result in a Material Adverse Effect. Except to the extent required under Section 4980B of the Code or similar state laws, no Employee Benefit Plan provides health or
welfare benefits (through the purchase of insurance or otherwise) for any retired or former employee of the Borrowers, any of their Subsidiaries or any of their respective ERISA Affiliates. Except as would not reasonably be expected, individually or
in the aggregate, to result in a Material Adverse Effect, the present value of the aggregate benefit liabilities under each Pension Plan sponsored, maintained or contributed to by the Borrowers, any of their Subsidiaries or any of their ERISA
Affiliates (determined as of the end of the then-most recent plan year on the basis of the actuarial assumptions specified for funding purposes in the then-most recent actuarial valuation for such Pension Plan) did not materially exceed the
aggregate current value of the assets of such Pension Plan. For purposes of the immediately preceding sentence, if as of the applicable valuation date the Pension Plan has an adjusted funding target attainment percentage of at least eighty percent
(80%), the present value of aggregate benefit liabilities under such Pension Plan shall be deemed not to materially exceed the aggregate current value of the assets of such Pension Plan. Except as would not reasonably be expected, individually or in
the aggregate, to result in a Material Adverse Effect, as of the then-most recent valuation date for each Multiemployer Plan for which the actuarial report is available, in each case, prior to the Closing Date, the potential liability of the
Borrowers, their respective Subsidiaries and their respective ERISA Affiliates for a complete withdrawal from such Multiemployer Plan (within the meaning of Section 4203 of ERISA), when aggregated with such potential liability for a complete
withdrawal from all Multiemployer Plans, based on information available pursuant to Section 4221(e) of ERISA is not more than zero. Except as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse
Effect, the Borrowers, each of their respective Subsidiaries and each of their respective ERISA Affiliates have complied with the requirements of Section 515 of ERISA with respect to each Multiemployer Plan and are not in “default”
(as defined in Section 4219(c)(5) of ERISA) with respect to payments to a Multiemployer Plan. Neither the Company nor any Subsidiary has received any notice or is otherwise aware that its Foreign Pension Plans are not in compliance with their
terms or with the requirements of any applicable laws, statutes, rules, regulations and orders, and the aggregate unfunded liabilities with respect to such Foreign Pension Plans would not reasonably be expected to result in a Material Adverse
Effect. 

  
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 Section 5.21.    [Reserved]. 

Section 5.22.    Solvency. The Loan Parties are, in the aggregate, and, upon the incurrence of any Obligation
by any Loan Party on any date on which this representation and warranty is made, will be, in the aggregate, Solvent. 

Section 5.23.    [Reserved]. 

Section 5.24.    Compliance with Statutes, Etc. Except as set forth on Schedule 5.24, as of the Restatement
Date, each of the Borrowers and their Subsidiaries is in compliance with all applicable statutes, regulations and orders of, and all applicable restrictions imposed by, all Governmental Authorities, in respect of the conduct of its business and the
ownership of its property (including compliance with all applicable Environmental Laws and the requirements of any permits issued under such Environmental Laws with respect to any Real Property Facility or the operations of the Borrowers or any of
their Subsidiaries), except such non-compliance that, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. 

Section 5.25.    Disclosure. The written information (other than the Projections) contained in any Loan
Document or in any other documents, certificates or written statements furnished to any Agent or Lender by or on behalf of the Borrowers or any of their Subsidiaries for use in connection with the transactions contemplated hereby, taken as a whole,
as and when furnished but after giving effect to all supplements and updates provided thereto, is and will be complete and correct in all material respects and does not and will not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements contained therein, in light of the circumstances under which such statements were or are made, not materially misleading. Any projections and pro forma financial information contained in such materials
(the “Projections”) have been or will be prepared in good faith based upon assumptions believed by the Company to be reasonable at the time such Projections are furnished to the Lenders (it being understood that the Projections are subject
to significant uncertainties and contingencies, many of which are beyond the Company’s control, the Projections, by their nature, are inherently uncertain and no assurances are being given by the Company that the results reflected in the
Projections will be achieved and actual results may differ from the Projections and such differences may be material) (it being understood that nothing under this Section 5.25 or any other provision of this Agreement shall be construed to
require the Company or any of its Subsidiaries to deliver Projections). There are no facts known (or which should upon the reasonable exercise of diligence be known) to the Borrowers (other than matters of a general economic nature) that,
individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect and that have not been disclosed herein or in such other documents, certificates and statements furnished to Lenders for use in connection with the
transactions contemplated hereby. 
 Section 5.26.    Senior Indebtedness. The Obligations constitute
“Senior Indebtedness,” “Designated Senior Indebtedness” or any similar designation under and as defined in any agreement governing any Subordinated Indebtedness and the subordination provisions set forth in each such agreement
are legally valid and enforceable against the Loan Parties party thereto except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable
principles relating to enforceability. 

  
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 Section 5.27.    PATRIOT Act; Sanctioned Persons. 

(a)    To the extent applicable, each Loan Party is in compliance, in all material respects, with (i)(i) the United States Trading with the Enemy Act, the International Emergency Economic Powers Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 C.F.R.,
Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, (ii)(ii) the United States Foreign Corrupt Practices Act of 1977, as amended
(the “FCPA”) and all other applicable anti-corruption Laws, and (iii)(iii) the PATRIOT Act. 

(b)    Neither the Borrowers, nor any of their Subsidiaries, nor, to the knowledge of the Borrowers, any director, officer,
employee, agent or affiliate of the Borrowers is a Person that is, or is owned or controlled by Persons that are: (i)(i) the subject of any sanctions administered or enforced by the U.S.
Department of the Treasury’s Office of Foreign Assets Control, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority (collectively,
“Sanctions”) or
(ii)(ii)
 located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions (including, without limitation, Crimea, Cuba, Iran, North Korea, Sudan and
Syria). 
 Section 5.28.    Use of Proceeds. The Borrowers will use the proceeds of the Loans and
will request the issuance of Letters of Credit only for the purposes specified in Section 6.14. 

Section 5.29.    Security Documents.
Other than following the occurrence of the Collateral Release Date and prior to the occurrence of the Collateral
Reinstatement Date: 
 (a)    The Pledge and Security
Agreement, upon execution and delivery thereof by the parties thereto, will create in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, a legal, valid and enforceable security interest in the Personal Property Collateral
and the proceeds described therein and (i) when the Pledged Collateral is delivered to the Collateral Agent in accordance with the terms of the Pledge and Security Agreement, the Lien created under Pledge and Security Agreement shall constitute
a fully perfected first priority Lien on, and security interest in, all right, title and interest of the U.S. Loan Parties in such Pledged Collateral, in each case prior and superior in right to any other Person and (ii) when financing
statements in appropriate form are filed in the offices specified in the Perfection Certificate delivered on the Closing Date, the Lien created under the Pledge and Security Agreement will constitute a fully perfected Lien on, and security interest
in, all right, title and interest of the U.S. Loan Parties in the Personal Property Collateral described in such statements (other than Intellectual Property and any Personal Property Collateral which may not be perfected by filing of a financing
statement) in each case prior and superior in right to any other Person, other than with respect to Liens expressly permitted by Section 7.02. 

(b)    Upon the recordation of the Pledge and Security Agreement (or a short-form security agreement in form and substance
reasonably satisfactory to the Company and the Collateral Agent) with the United States Patent and Trademark Office and the United States Copyright Office, together with the financing statements in appropriate form filed in the offices specified in
the Perfection Certificate delivered on or before the Closing Date, the Lien created under the Pledge and Security Agreement shall, constitute a fully perfected Lien on, and security interest in, all right, title and interest of the U.S. Loan
Parties in the Intellectual Property of such Loan Parties described therein as “Collateral” to the extent that a security interest therein may be perfected by filing in the United States Patent and Trademark Office and such Lien is, in each case, prior and superior in
right to the Lien of any other Person other than Liens permitted by Section 7.02 (it being understood that subsequent recordings in the United States Patent and 

  
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Trademark Office and the United States Copyright Office may be necessary to perfect a Lien on registered trademarks and patents, trademark and patent applications and registered copyrights
acquired by the U.S. Loan Parties after the Restatement Date). 
 Section 5.30.    Representations as to Foreign
Obligors. Each of the Company and each Foreign Obligor represents and warrants to the Administrative Agent and the Lenders that: 

(a)    Such Foreign Obligor is subject to civil and commercial Laws with respect to its obligations under this Agreement
and the other Loan Documents to which it is a party (collectively as to such Foreign Obligor, the “Applicable Foreign Obligor Documents”), and the execution, delivery and performance by such Foreign Obligor of the Applicable Foreign
Obligor Documents constitute and will constitute private and commercial acts and not public or governmental acts. Neither such Foreign Obligor nor any of its property has any immunity from jurisdiction of any court or from any legal process (whether
through service or notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) under the laws of the jurisdiction in which such Foreign Obligor is organized and existing in respect of its obligations under the
Applicable Foreign Obligor Documents. 
 (b)    The Applicable Foreign Obligor Documents to which such Foreign Obligor
is party are, subject to Legal Reservations, in proper legal form under the Laws of the jurisdiction in which such Foreign Obligor is organized and existing for the enforcement thereof against such Foreign Obligor under the Laws of such
jurisdiction, and to ensure the legality, validity, enforceability, priority or admissibility in evidence of such Applicable Foreign Obligor Documents. It is not necessary to ensure the legality, validity, enforceability, priority or admissibility
in evidence of the Applicable Foreign Obligor Documents to which such Foreign Obligor is a party that such Applicable Foreign Obligor Documents be filed, registered or recorded with, or executed or notarized before, any court or other authority in
the jurisdiction in which such Foreign Obligor is organized and existing or that any registration charge or stamp or similar Tax be paid on or in respect of such Applicable Foreign Obligor Documents or any other document, except for (i) any
such filing, registration, recording, execution or notarization as has been made or is not required to be made until such Applicable Foreign Obligor Document or any other document is sought to be enforced and (ii) any charge or tax as has been
timely paid. 
 (c)    There is no Tax, levy, impost, duty, fee, assessment or other governmental charge, or any
deduction or withholding, imposed by any Governmental Authority in or of the jurisdiction in which such Foreign Obligor is organized and existing either (i) on or by virtue of the execution or delivery of the Applicable Foreign Obligor
Documents to which such Foreign Obligor is a party, or (ii) in the case of any payment by the U.K. Borrower pursuant to the Applicable Foreign Obligor Documents on a payment to a Lender which is (1) a Qualifying Lender pursuant to clause
(a) of the definition thereof or (2) a Treaty Lender and the payment is one specified in a direction given by the Commissioners of Revenue and Customs under Regulation 2 of the Double Taxation Relief (Taxes on Income) (General) Regulations
1970 (SI 1970/488). 
 (d)    The execution, delivery and performance of the Applicable Foreign Obligor Documents
executed by such Foreign Obligor are, under applicable foreign exchange control regulations of the jurisdiction in which such Foreign Obligor is organized and existing, not subject to any notification or authorization except (i) such as have
been made or obtained or (ii) such as cannot be made or obtained until a later date (provided that any notification or authorization described in clause (ii) shall be made or obtained as soon as is reasonably practicable). 

  
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 ARTICLE 6 

AFFIRMATIVE COVENANTS 
 Each Loan
Party covenants and agrees that, so long as any Commitment is in effect and until payment in full of all Obligations and cancellation or expiration of all Letters of Credit, each Loan Party shall perform, and shall cause each of its Subsidiaries to
perform, all covenants in this Article 6. 
 Section 6.01.    Financial Statements and Other Reports. The
Company will deliver to the Administrative Agent and Lenders: 
 (a)    Quarterly Financial Statements. Promptly
when available, and in any event within 55 days after the end of each of the first three Fiscal Quarters of each Fiscal Year, commencing with the Fiscal Quarter in which the Restatement Date occurs, the consolidated balance sheets of the Company and
its Subsidiaries as at the end of such Fiscal Quarter and the related consolidated statements of income, stockholders’ equity and cash flows of the Company and its Subsidiaries for such Fiscal Quarter and for the period from the beginning of
the then current Fiscal Year to the end of such Fiscal Quarter, setting forth in each case in comparative form the corresponding figures for the corresponding periods of the previous Fiscal Year, all in reasonable detail, together with a Financial
Officer Certification with respect thereto (it being agreed that the furnishing of the Company’s quarterly report on Form 10-Q for such Fiscal Quarter, as filed with the SEC, will satisfy the
Company’s obligations under this Section 6.01(a) with respect to such Fiscal Quarter). 
 (b)    Annual
Financial Statements. As soon as available, and in any event within 120 days after the end of each Fiscal Year, commencing with the Fiscal Year in which the Restatement Date occurs, (i) the consolidated balance sheets of the Company and its
Subsidiaries as at the end of such Fiscal Year and the related consolidated statements of income, stockholders’ equity and cash flows of the Company and its Subsidiaries for such Fiscal Year, setting forth in each case in comparative form the
corresponding figures for the previous Fiscal Year, in reasonable detail, together with a Financial Officer Certification with respect thereto; and (ii) with respect to such consolidated financial statements a report thereon of Ernst &
Young LLP or other independent certified public accountants of recognized national standing selected by the Company, or reasonably satisfactory to the Administrative Agent (which report and/or the accompanying financial statements shall be
unqualified as to going concern and scope of audit), and shall be prepared in accordance with audit standards of the Public Accounting Oversight Board and applicable Laws (it being agreed that the furnishing of the Company’s annual report on
Form 10-K for such year, as filed with the SEC, will satisfy the Company’s obligation under this Section 6.01(b) with respect to such year). 

(c)    Compliance Certificate. Promptly when available, and in any event within 55 days after the end of each of
the first three Fiscal Quarters and within 120 days after the end of each Fiscal Year, a duly executed and completed Compliance Certificate. 

(d)    Certificate Regarding Change In GAAP. If any change in GAAP or in the application thereof has occurred since
the date of the consolidated balance sheet of the Company most recently theretofore delivered under Section 6.01(a) or Section 6.01(b) hereof that has had, or could have, a significant effect, as determined by Company in its good faith
judgment, on the calculations of any ratio or covenant hereunder, the Company shall deliver a certificate specifying in reasonable detail the nature of such change and the effect thereof on such calculations. 

  
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 (e)    Notice of Default. Promptly upon any Responsible Officer
of any Borrower obtaining knowledge (i) of any condition or event that constitutes a Default or an Event of Default or that notice has been given to any Borrower with respect thereto; (ii) that any Person has given any notice to any
Borrower or any of its Subsidiaries or taken any other action with respect to any event or condition set forth in Section 8.01(b); or (iii) of the occurrence of any event or change that has caused or evidences, either in any case or in the
aggregate, a Material Adverse Effect, a certificate of a Responsible Officer specifying the nature and period of existence of such condition, event or change, or specifying the notice given and action taken by any such Person and the nature of such
claimed Event of Default, Default, default, event or condition, and what action such Borrower has taken, is taking and proposes to take with respect thereto. 

(f)    Notice of Litigation. Promptly upon any Responsible Officer of any Borrower obtaining knowledge of
(i) any Adverse Proceeding not previously disclosed in writing by any Borrower to the Lenders or (ii) any development in any Adverse Proceeding that, in the case of either clause (i) or (ii), would be reasonably expected to have a
Material Adverse Effect, or seeks to enjoin or otherwise prevent the consummation of, or to recover any damages or obtain relief as a result of, the transactions contemplated hereby, written notice thereof together with such other information as may
be reasonably available to the Borrowers to enable the Lenders and their counsel to evaluate such matters; provided that the Borrowers shall not be required to compromise in any way their attorney-client privilege provided that a press release
(describing the required information in clauses (i) or (ii) of this Section 6.01(f)) delivered in accordance with Sections 6.01(l) and 6.01(o) shall be deemed to satisfy the requirements in this Section 6.01(f) unless additional
information is requested by Lenders in accordance with this Section 6.01(f), in which case the Borrowers shall be required to so deliver such information in accordance with this Section 6.01(f). 

(g)    ERISA. Provided that the Borrowers shall not be required to compromise in any way their
attorney-client privilege, (i) promptly upon becoming aware of the occurrence of or forthcoming occurrence of any ERISA Event that would reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, a written
notice specifying the nature thereof, what action any Borrower, any of its Subsidiaries or any of their respective ERISA Affiliates has taken, is taking or proposes to take with respect thereto and, when known, any action taken or threatened by the
Internal Revenue Service, the Department of Labor or the PBGC with respect thereto; and (ii) with reasonable promptness upon request, copies of (A) each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) filed by
the Company, any of its Subsidiaries or any of their respective ERISA Affiliates with the Internal Revenue Service with respect to each Pension Plan; (B) all notices received by any Borrower, any of its Subsidiaries or any of their respective
ERISA Affiliates from a Multiemployer Plan sponsor concerning an ERISA Event; and (C) copies of such other documents or governmental reports or filings relating to any Employee Benefit Plan as the Administrative Agent shall reasonably request.

 (h)    [Reserved]. 

(i)    Insurance Report. As soon as practicable and in any event by the last day of each Fiscal Year, a certificate
from the Company’s insurance broker(s) outlining all material insurance coverage maintained as of the date of such certificate by the Company and its Subsidiaries. 

(j)    Information Regarding Collateral. The Company agrees promptly (and in any event no later than the earlier of
(x) 30 days after such change and (y) if applicable, 10 days prior 

  
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to the date on which the perfection of the Liens under the Collateral Documents would (absent additional filings or other actions) lapse, in whole or in part, by reason of such change) to
(i) furnish to the Collateral Agent written notice of any change (A) in any Loan Party’s corporate name, (B) in any Loan Party’s identity or corporate structure, (C) in any Loan Party’s jurisdiction of organization
or (D) in any Loan Party’s Federal Taxpayer Identification Number or state organizational identification number and (ii) with respect to any U.S. Loan Party, make all filings under the UCC or otherwise that are required in order for
the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all material respects in all the Collateral as contemplated in the Collateral Documents; provided that, in
connection with any change completed in connection with the Reorganization, the Company shall not be required to take any steps under this Section 6.01(j)(ii) until the date that is ninety (90) days following the date of such change (for
the avoidance of doubt, the Company and its Subsidiaries shall not be required to comply with this Section 6.01(j) for 90 days in regards to each step of the Reorganization; if an additional change occurs with respect to the same Subsidiary or
Collateral subject to the initial change(s) within a 90 day period, the Company and its Subsidiaries will have an additional 90 day period to comply with Section 6.01(j) in regards to the new change (and shall not be required comply with
Section 6.01(j) in regards to the initial change assuming that such change was changed by the subsequent change rendering compliance with Section 6.01(j) unnecessary). The Company also agrees promptly to notify the Collateral Agent if any
material portion of the Collateral is damaged or destroyed. 
 (k)    Annual Collateral Verification. Within 90
days after the end of each Fiscal Year, with respect to the preceding Fiscal Year, the Company shall deliver to the Administrative Agent a certificate of its Responsible Officer certifying that all UCC financing statements (including fixtures
filings, as applicable) have been filed of record in each governmental, municipal or other appropriate office in each applicable jurisdiction to the extent necessary to perfect the security interests in the Collateral owned by the U.S. Loan Parties
as of such date, in accordance with the Collateral Documents, subject to the compliance periods set forth therein (as such period may be extended from time to time by the Administrative Agent or the Collateral Agent). 

(l)    Other Information. (i) Promptly upon their becoming available, copies of (A) all financial
statements, reports, notices and proxy statements sent or made available generally by the Company to its security holders acting in such capacity or by any Subsidiary of the Company to its security holders other than the Company or another
Subsidiary of the Company, (B) all regular and periodic reports and all registration statements and prospectuses, if any, filed by the Company or any of its Subsidiaries with any securities exchange or with the SEC or any other Governmental
Authority, provided that the Company shall not be required to compromise in any way its attorney-client privilege and (C) all press releases and other statements filed with and/or furnished to the SEC by Company concerning the Company or
any of its Subsidiaries and (ii) such other information and data with respect to the Company or any of its Subsidiaries as from time to time may be reasonably requested by the Administrative Agent or any Lender, provided that the Company and
its Subsidiaries shall not be required to compromise in any way their attorney-client privilege. 

(m)    Certification of Public Information. The Borrowers and each Lender acknowledge that certain of the Lenders
may be Public Lenders and, if documents or notices required to be delivered pursuant to this Section 6.01 or otherwise (the “Company Materials”) are being distributed through IntraLinks/IntraAgency, SyndTrak or another relevant
website or other information platform (the “Platform”), any document or notice that the Company has indicated contains Non-Public Information shall not be posted on that portion of the
Platform designated for such Public Lenders. The Company agrees to clearly designate all information provided to the 

  
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Administrative Agent by or on behalf of the Company which is suitable to make available to Public Lenders. If the Company has not indicated whether a document or notice delivered pursuant to this
Section 6.01 contains Non-Public Information, the Administrative Agent reserves the right to post such document or notice solely on that portion of the Platform designated for Lenders who wish to receive
material Non-Public Information with respect to the Company, its Subsidiaries and their securities. 

(n)     

(i)    Immaterial Subsidiaries. Together with each delivery of a Compliance
Certificate pursuant to Section 6.01(c) hereof, a certificate of a Responsible Officer of the Company designating any Subsidiary that qualifies as an Immaterial Subsidiary, and certifying that such Immaterial Subsidiary, together with all other
Immaterial Subsidiaries, (x) has assets comprising less than 5% of Total Assets on the last day of the immediately preceding Fiscal Quarter or Fiscal Year, as applicable, and (y) contributes less than 5% of Consolidated Adjusted EBITDA for
the period of four consecutive Fiscal Quarters ending on the last day of the immediately preceding Fiscal Quarter or Fiscal Year, as applicable, which certificate shall be deemed to supplement Schedule 1.01(D)(2) for all purposes hereof;
provided that any Domestic Subsidiary that shall have become a Guarantor hereunder and a Grantor under the Pledge and Security Agreement and otherwise complied with the provisions of Section 6.10be de-designated as an Immaterial Subsidiary shall be deemed not to be an Immaterial Subsidiary and excluded from the calculations set forth above unless the Company
later designates such Subsidiary as an Immaterial Subsidiary. 
 (ii)    Immaterial Domestic
Subsidiaries. Together with each delivery of a Compliance Certificate pursuant to Section 6.01(c) hereof, a certificate of a Responsible Officer of the Company designating any Domestic Subsidiary that qualifies as an Immaterial Domestic
Subsidiary, and certifying that such Immaterial Domestic Subsidiary, together with all other Immaterial Domestic Subsidiaries, (x) has assets comprising less than 10% of Total Assets of the Company and its Subsidiaries on the last day of the
immediately preceding Fiscal Quarter or Fiscal Year, as applicable, and (y) contributes less than 10% of Consolidated Adjusted EBITDA for the period of four consecutive Fiscal Quarters ending on the last day of the immediately preceding Fiscal
Quarter or Fiscal Year, as applicable, which certificate shall be deemed to supplement Schedule 1.01(D)(1) for all purposes hereof; provided that any Domestic Subsidiary that shall have become a Guarantor hereunder and a Grantor under the
Pledge and Security Agreement and otherwise complied with the provisions of Section 6.10 shall be deemed not to be an Immaterial Domestic Subsidiary and excluded from the calculations set forth above unless the Company later designates such
Subsidiary as an Immaterial Domestic Subsidiary. 
 (o)    Electronic Delivery. Documents required to be
delivered pursuant to Sections 6.01(a), 6.01(b), 6.01(d) or 6.01(l) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered
on the date (i) on which the Company posts such documents, or provides a link thereto on the Company’s website on the internet and, other than information required to be delivered pursuant to Section 6.01(l), informs the
Administrative Agent in writing on the same date of such posting; or (ii) on which such documents are posted on the Company’s behalf on an internet or intranet website, if any, to which each Lender and the Administrative Agent have access
(whether a commercial or governmental, third-party website or whether 

  
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sponsored by the Administrative Agent) and, other than information required to be delivered pursuant to Section 6.01(l) informs the Administrative Agent in writing on the same date of such
posting. Notwithstanding anything contained herein, in every instance the Company shall be required to provide electronic or paper copies of the Compliance Certificates required by Section 6.01(c) to the Administrative Agent. Except for such
Compliance Certificates, the Administrative Agent shall have no obligation to request the delivery of or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Company with
any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it from the Administrative Agent or maintaining its copies of such documents. 

(p)    Know Your Customer Requirements. Promptly following any request therefor, the Company shall provide
information and documentation reasonably requested by the Administrative Agent or any Lender for purposes of compliance with applicable “know your customer” and anti-money-laundering rules and regulations, including, without limitation,
the PATRIOT Act and the Beneficial Ownership Regulation. 
 Section 6.02.    Existence. Except to the extent
not prohibited under Section 7.08 (other than Section 7.08(s)) or if otherwise permitted hereunder, each Loan Party will, and will cause each of its Subsidiaries to, at all times preserve and keep in full force and effect its existence and
all rights and franchises, licenses and permits material to its business (except, other than with respect to the
existence of the Company, to the extent failing to so preserve and
keep its existence and/or such rights, franchises, licenses and permits would not reasonably be expected to cause a Material Adverse Effect). 

Section 6.03.    Payment of Taxes and Claims. Each Loan Party will, and will cause each of its Subsidiaries
to, pay all Taxes imposed upon it or any of its properties or assets or in respect of any of its income, businesses or franchises before any material penalty or fine accrues thereon, and all material claims (including claims for labor, services,
materials and supplies) for sums that have become due and payable and that by law have or may become a Lien upon any of its properties or assets, prior to the time when any material penalty or fine shall be incurred with respect thereto;
provided, (i) no such Tax or claim need be paid if it is being contested in good faith by appropriate proceedings promptly instituted and diligently conducted, so long as (x) adequate reserve or other appropriate provision, as shall
be required in conformity with GAAP, shall have been made therefor and (y) in the case of a Tax or claim which has or may become a Lien against any of the Collateral, and which is not permitted pursuant to Section 7.02 such contest
proceedings conclusively operate to stay the sale of any portion of the Collateral to satisfy such Tax or claim or (ii) failure to make such payment would not reasonably be expected, individually or in the aggregate, to result in a Material
Adverse Effect. No Loan Party will, nor will it permit any of its Subsidiaries to, file or consent to the filing of any consolidated income tax return with any Person (other than the Company or any of its Subsidiaries). 

Section 6.04.    Maintenance of Properties. Each Loan Party will, and will cause each of its Subsidiaries to,
maintain or cause to be maintained in good repair, working order and condition, ordinary wear and tear excepted, all material properties reasonably necessary in the operation of or used or useful in the business of the Company and its Subsidiaries
and from time to time will make or cause to be made all appropriate repairs, renewals and replacements thereof. Nothing in this Section 6.04 shall prevent (a) Dispositions, consolidations or mergers in accordance with Section 7.08 or
(b) the abandonment of rights, franchises, licenses, trade names, copyrights, patents, trademarks or other Intellectual Property in accordance with Section 7.08(g). 

  
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 Section 6.05.    Insurance. The Borrowers will maintain or
cause to be maintained, with financially sound and reputable insurers, such public liability insurance, third-party property damage insurance, business interruption insurance and casualty insurance with respect to liabilities, losses or damage, in
respect of the assets, properties and businesses of the Borrowers and their Subsidiaries as may customarily be carried or maintained under similar circumstances by Persons of established reputation engaged in similar businesses, in each case in such
amounts (giving effect to self-insurance), with such deductibles, covering such risks and otherwise on such terms and conditions as shall be customary for such Persons. Without limiting the generality of the foregoing, the Company will maintain or
cause to be maintained (a) [reserved] and (b) replacement value casualty insurance on the Collateral under such policies of insurance, with such insurance companies, in such amounts, with such deductibles, and covering such risks as are at all
times carried or maintained under similar circumstances by Persons of established reputation engaged in similar businesses. Each such policy of insurance shall name the Collateral Agent, on behalf of the Secured Parties, as an additional insured
thereunder as its interests may appear or contain a loss payable clause or endorsement, reasonably satisfactory in form and substance to the Collateral Agent, that names the Collateral Agent, on behalf of the Secured Parties, as the loss payee
thereunder, as applicable, and provide for at least fifteen (15) days’ (or such shorter period as may be consented to by the Collateral Agent in its reasonable discretion) prior written notice to the Collateral Agent of any cancellation of
such policy ; provided that if the Company uses commercially reasonable efforts to obtain the agreement of its then existing insurance companies to deliver such prior written notice of cancellation and is unable to obtain such agreement from
its insurers, then the Administrative Agent shall waive such requirement; provided, further that, unless an Event of Default shall have occurred and be continuing, the Collateral Agent shall turn over to the applicable Borrower any amounts
received by it as loss payee under any casualty insurance maintained by such Borrower or its Subsidiaries, the disposition of such amounts to be subject to the provisions of Section 2.05(c)(ii), and, unless an Event of Default shall have
occurred and be continuing, the Administrative Agent agrees that the applicable Borrower and/or the applicable Subsidiary shall have the sole right to adjust or settle any claims under such insurance. 

Section 6.06.    Books and Records; Inspections. Each Loan Party will, and will cause each of its Subsidiaries
to, keep proper books of record and accounts in which full, true and correct entries in conformity in all material respects with GAAP shall be made of all dealings and transactions in relation to its business and activities. Each Loan Party will,
and will cause each of its Subsidiaries to, permit representatives of the Administrative Agent (and, after the occurrence and during the continuation of an Event of Default, of each Lender), at the expense of the Lenders (or, after the occurrence
and during the continuation of an Event of Default, at the expense of the Company) to visit and inspect any of the properties of any Loan Party and any of its respective Subsidiaries (subject to the rights of lessees or sublessees thereof and
subject to any restrictions or limitations in the applicable lease, sublease or other written occupancy arrangement pursuant to which Borrowers or such their Subsidiary is a party), to inspect, copy and take extracts from its and their financial and
accounting records, and to discuss its and their affairs, finances and accounts with its and their officers and independent public accountants, all upon reasonable notice and at such reasonable times during normal business hours and as often as may
reasonably be requested. 
 Section 6.07.    [Reserved]. 

Section 6.08.    Compliance with Laws. Each Loan Party will comply, and shall cause each of its Subsidiaries,
if any, on or occupying any Real Property Facilities to comply, with the requirements of all applicable laws, rules, regulations and orders of any Governmental Authority (including all Environmental Laws), except in such instances in which the
failure to comply therewith would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

  
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 Section 6.09.    Environmental Matters. 

(a)    Environmental Disclosure. Provided that the Company and its Subsidiaries shall not be required to compromise
in any way their attorney-client privilege (except that such attorney-client privilege shall not be asserted in connection with any environmental audits, investigations, analyses and reports of any kind or character prepared by a third party that is
not legal counsel for the Company or any of its Subsidiaries), the Company will deliver to the Administrative Agent and the Lenders: 

(i)    as soon as practicable following receipt thereof, copies of all environmental audits,
investigations, analyses and reports of any kind or character, whether prepared by personnel of the Company or any of its Subsidiaries or by independent consultants, Governmental Authorities or any other Persons, with respect to significant
environmental matters relating to the Company or any of its Subsidiaries or any Real Property Facility or with respect to any Environmental Claims that would reasonably be expected to have a Material Adverse Effect; 

(ii)    promptly upon a Responsible Officer, the Vice President (Facilities/Environmental, Health and
Safety/Real Estate) or Senior Manager (Corporate Environmental, Health and Safety) obtaining knowledge thereof, written notice describing in reasonable detail (A) any Release required to be reported to any Governmental Authority under any
applicable Environmental Laws unless the Company reasonably determines that such Release would not reasonably be expected to have a Material Adverse Effect, (B) any remedial action taken by any Borrower or any other Person in response to
(1) any Hazardous Materials Activities the existence of which would reasonably be expected to result in one or more Environmental Claims having, individually or in the aggregate, a Material Adverse Effect or (2) any Environmental Claims
that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect and (C) any Borrower’s discovery of any occurrence or condition on any real property adjoining or in the vicinity of any Real
Property Facility that could cause such Real Property Facility or any part thereof to be subject to any restrictions on the ownership, occupancy, transferability or use thereof under any Environmental Laws, except to the extent that such
restrictions, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect; 

(iii)    as soon as practicable following the sending or receipt thereof by the Company or any of its
Subsidiaries, a copy of any and all written communications with respect to (A) any Environmental Claims that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect, (B) any Release required
to be reported to any Governmental Authority that would reasonably be expected to have a Material Adverse Effect and (C) any request for information from any Governmental Authority that suggests such Governmental Authority is investigating
whether the Company or any of its Subsidiaries may be potentially responsible for any Hazardous Materials Activity that would reasonably be expected to have a Material Adverse Effect; 

(iv)    prompt written notice describing in reasonable detail (A) any proposed acquisition of stock,
assets or property by the Company or any of its Subsidiaries that 

  
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would reasonably be expected to (1) expose the Company or any of its Subsidiaries to, or result in, Environmental Claims that would reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect or (2) affect the ability of the Company or any of its Subsidiaries to maintain in full force and effect all material Governmental Authorizations required under any Environmental Laws for their respective
operations and (B) any proposed action to be taken by the Company or any of its Subsidiaries to modify current operations in a manner that would reasonably be expected to subject the Company or any of its Subsidiaries to any additional
obligations or requirements under any Environmental Laws that would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect; and 

(v)    with reasonable promptness, such other documents and information as from time to time may be
reasonably requested by the Administrative Agent in relation to any matters disclosed pursuant to this Section 6.09(a). 

(b)    Hazardous Materials Activities, Etc. Each Loan Party shall promptly take, and shall cause each of its
Subsidiaries promptly to take, any and all actions necessary to (i) cure any violation of applicable Environmental Laws by such Loan Party or its Subsidiaries that would reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect and (ii) make an appropriate response to any Environmental Claim against such Loan Party or any of its Subsidiaries and discharge any obligations it may have to any Person thereunder where failure to do so would
reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

Section 6.10.    Subsidiaries. 

(a)    Unless such Person qualifies as an Excluded Subsidiary, in the event that any Person becomes a Subsidiary of the
Company: 
 (i)    the Company shall promptly (and in any event within thirty (30) Business Days, or
such later date as agreed to by the Administrative Agent in its sole discretion) cause such Subsidiary to become a Subsidiary Guarantor hereunder
and, other than following the occurrence of the Collateral Release Date and prior to the occurrence of the Collateral
Reinstatement Date, a Grantor under the Pledge and Security Agreement by executing and delivering to the Administrative Agent and the Administrative Agent a Counterpart Agreement; and 

(ii)    the Company and such Subsidiary shall promptly (and in any event within thirty (30) Business
Days, or such later date as agreed to by the Administrative Agent in its sole discretion) take all such actions and execute and deliver, or cause to be executed and delivered, all such documents, instruments, agreements and certificates reasonably
requested by the Collateral Agent in accordance with the provisions hereof (including
Section 9.10
 hereof), including those which are similar to those described in Sections 4.01(a)(iii) and 4.01(a)(xii). 

(b)    In the event that any Person becomes a First-Tier Foreign Subsidiary or Excluded Disregarded Entity,
(other than following the occurrence of the Collateral Release Date and prior to the occurrence of the
Collateral Reinstatement Date), and the Equity Interests of such Foreign Subsidiary or Excluded Disregarded Entity are owned by the Company or by any Domestic Subsidiary thereof (other than any
Excluded Subsidiary), the Company shall, or shall cause such Domestic Subsidiary to, promptly (and in any event within thirty (30) Business Days,  

  
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following the Adminisrative Agent’s
 written request therefore (or such later date as agreed to by the Administrative Agent in its
solereasonable
 discretion) deliver all such documents, instruments, agreements and certificates as are similar to those described in Section 4.01(a)(iii) (other than in regards to Immaterial Foreign
Subsidiaries (as defined in the Pledge and Security Agreement)), and, the Company shall take, or shall cause such Domestic Subsidiary to take, all of the actions required under the Pledge and Security Agreement with respect to the Equity Interest of such Foreign Subsidiary or Excluded Disregarded Entity (it being understood and agreed that (x) no actions to grant or perfect any lien or security interest in a Foreign Jurisdiction or under the laws of a Foreign Jurisdiction shall be required to be undertaken
with respect to such Equity Interests and (y) neither the Company nor any of its Subsidiaries shall be required to enter into any security agreements or pledge agreements governed by laws of any non-U.S.
jurisdictions). 
 (c)    With respect to any Person that becomes a Domestic Subsidiary of the Company, the
Company shall promptly (and in any event within twenty (20) Business Days after such Person becoming a Domestic Subsidiary, or such later date as agreed to by the Administrative Agent in its sole discretion) send to the Administrative Agent
written notice setting forth with respect to such Person (x) the date on which such Person became a Domestic Subsidiary of the Company and (y) all of the data required to be set forth in Schedule 5.01 with respect to Subsidiaries of the
Company, and such written notice shall be deemed to supplement Schedule 5.01 for all purposes hereof. 

Section 6.11.    [Reserved]. 

Section 6.12.    Further Assurances. 

(a)    At any time or from time to time upon the request of the Administrative Agent (but subject to the Collateral
Documents, if applicable), each Loan Party will, at its expense, promptly execute, acknowledge and deliver such further documents and do such other acts and things as the Administrative Agent or the Collateral Agent may reasonably request in order
to effect fully the purposes of the Loan Documents. In furtherance and not in limitation of the foregoing, the Company shall take such actions as the Administrative Agent or the Collateral Agent may reasonably request from time to time to ensure
that (i) the Obligations of the Company are (A) guaranteed by each Subsidiary that is not an Excluded Subsidiary and
(B) other than following the occurrence of the Collateral Release Date and prior to the occurrence of the
Collateral Reinstatement Date, secured by substantially all of the assets of the Company and the Subsidiary Guarantors (other than Real Estate Assets) and all of the outstanding Equity Interests
of the Domestic Subsidiaries (other than Excluded Subsidiaries pursuant to clauses (i), (iii) and (iv) of the definition of “Excluded Subsidiary”) and 65% of the Equity Interests of First-Tier Foreign Subsidiaries and Excluded
Disregarded Entities and (ii) the Obligations of the Foreign Obligors are guaranteed by the Company and each Subsidiary Guarantor, subject in each case, to the provisions set forth herein, in the Pledge and Security Agreement and the other Loan
Documents, as applicable. 
 (b)    If, at any time and from time to time, any Immaterial Domestic Subsidiary
that is not a Loan Party, together with all other Immaterial Domestic Subsidiaries, (i) has assets comprising more than 10% of Total Assets of the Company and its Subsidiaries on the last day of the then-most recent Fiscal Quarter or Fiscal
Year for which financial statements are required to be delivered pursuant to this Agreement or (ii) contributes more than 10% of Consolidated Adjusted EBITDA for the period of four Fiscal Quarters ending on the last day of the Fiscal Quarter or
Fiscal Year then-most recently ended for which financial statements are required to be delivered pursuant to this Agreement, then the Company shall, not later than 30 days after the 

  
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date by which financial statements for such Fiscal Quarter or Fiscal Year are required to be delivered pursuant to this Agreement, cause one or more Immaterial Domestic Subsidiaries to become
Loan Parties such that the conditions contained in clauses (i) and (ii) of this Section 6.12(b) cease to be true. 

(c)    The Company shall, or cause the applicable Loan Party to, complete the actions listed on Schedule 6.12(c) by the
times stated therein (or such later date as may be consented to by the Administrative Agent in its reasonable discretion). This Section 6.12 is subject in all respects to Sections 2.20 and 2.21. 

Section 6.13.    Maintenance of Ratings. 

Unless otherwise consented to by the Administrative Agent, at all times, the Company shall use commercially reasonable efforts to maintain
(i) a public corporate family rating issued by Moody’s and a public corporate credit rating issued by S&P and (ii) a public credit rating from each of Moody’s and S&P with respect to each of the facilities provided
hereunder and the Senior Notes. 
 Section 6.14.    Use of Proceeds. 

(a)    The proceeds of the Term Loans and the Revolving Credit Loans on the Closing Date shall be applied by the Borrowers
to consummate the Refinancing. The proceeds of the 2017 Refinancing Term Loans made on the Restatement Date pursuant to Section 2.01(a) hereof shall be used on the Restatement Date to prepay in full all Existing Term A Loans. The proceeds of
the 2017 Incremental Term Loans made on the Restatement Date pursuant to Section 2.01(a) hereof shall be used to pay Convertible Note Repayment Obligations, purchase, repurchase or redeem Convertible Notes pursuant to Section 7.04(c)(y),
to fund the Convertible Note Repayment Reserve as permitted hereunder, and for working capital and all other general corporate purposes. The proceeds of the 2018 Refinancing Term Loans made on the First Amendment Effective Date pursuant to the First
Amendment shall be used (i) on the First Amendment Effective Date to prepay in full all 2017 Refinancing Term Loans outstanding immediately prior to the Refinancing (under and as defined in the First Amendment) and (ii) for working capital
and general corporate purposes of the Borrowers and their respective Subsidiaries, including Permitted Acquisitions and permitted capital expenditures.
The proceeds of the 2021 Refinancing Term Loans made on the Second Amendment Effective Date pursuant to the Second
Amendment shall be used (i) on the Second Amendment Effective Date to prepay in full all 2018 Refinancing Term Loans outstanding immediately prior to the
Refinancing (under and
as defined in the
Second Amendment) and
(ii) for
 working capital and general corporate purposes of the Borrowers and their respective Subsidiaries, including Permitted Acquisitions and permitted capital expenditures.  

(b)    The proceeds of the Revolving Credit Loans, Swing Line Loans and Letters of Credit made or issued after the Closing
Date shall be applied by the Borrowers to the working capital and general corporate purposes of the Borrowers and their respective Subsidiaries, including Permitted Acquisitions and permitted capital expenditures, and may be used to pay Convertible
Note Repayment Obligations, purchase, repurchase or redeem Convertible Notes pursuant to Section 7.04(c)(y) or fund the Convertible Note Repayment Reserve as permitted hereunder. The proceeds of the 2018 Revolving Credit Facility made on the
First Amendment Effective Date pursuant to the First Amendment shall be used (i) on the First Amendment Effective Date to prepay in full all of the 2017 Revolving Credit Facility outstanding immediately prior to the Refinancing (under and as
defined in the First Amendment) and (ii) thereafter, for 

  
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working capital and general corporate purposes of the Borrowers and their respective Subsidiaries, including Permitted Acquisitions and permitted capital expenditures. The proceeds of the 2021 Revolving Credit Facility made on the Second Amendment Effective Date pursuant to the Second
Amendment shall be used (i) on the Second Amendment Effective Date to prepay in full all of the 2018 Revolving Credit Facility outstanding immediately
prior to the Refinancing (under and as defined in the Second Amendment) and (ii) thereafter, for working capital and general corporate purposes of the Borrowers and their respective Subsidiaries,
including Permitted Acquisitions and permitted capital expenditures 

(c)    No portion of the proceeds of any Credit Extension shall be used in any manner that causes or might cause such
Credit Extension or the application of such proceeds to violate Regulation T, Regulation U or Regulation X of the FRB or any other regulation thereof or to violate the Exchange Act. 

ARTICLE 7 
 NEGATIVE COVENANTS 

Each Loan Party covenants and agrees that, so long as any Commitment is in effect and until payment in full of all Obligations and
cancellation or expiration of all Letters of Credit, such Loan Party shall perform, and shall cause each of its Subsidiaries to perform, all covenants in this Article 7. Notwithstanding any other provisions set forth herein, all baskets under this
Article 7 shall be deemed unused and otherwise fully available as of the RestatementSecond Amendment Effective Date. 

Section 7.01.    Indebtedness. No Loan Party shall, nor shall it permit any of its Subsidiaries to, directly
or indirectly, create, incur, assume or guaranty, or otherwise become or remain directly or indirectly liable with respect to any Indebtedness, except: 

(a)    the Obligations; 

(b)    Indebtedness of any Loan Party to the Company or any Subsidiary; provided (i) all such Indebtedness owed to a
U.S. Loan Party shall be (x) evidenced by the Intercompany Note and (y) subject to a First Priority Lien pursuant to the Pledge and Security Agreement and (ii) all such Indebtedness that is owed to a Loan Party that is not a U.S. Loan
Party or to a Subsidiary that is not a Loan Party shall be unsecured and subordinated in right of payment to the payment in full of the Obligations pursuant to the terms of the Intercompany Note (which terms shall limit the obligation to subordinate
to the extent that material adverse tax consequences under Section 956 of the Code will arise from such subordination); 

(c)    obligations in respect of workers’ compensation claims, self-insurance obligations, bankers’ acceptances,
performance, bid, stay, customs, appeal, replevin, statutory and surety bonds and performance and completion guaranties provided by the Company or any Subsidiary in the ordinary course of business; 

(d)    Indebtedness (i) in respect of netting services, cash pooling, overdraft protections and/or facilities and otherwise in connection with deposit accounts or
(ii) arising from the honoring by a bank or other financial institution of a check, draft, credit card, purchase card or similar instrument drawn against insufficient funds in the ordinary course of business or other cash management services
(including automated clearinghouse (ACH) transfers) in the ordinary course of business; provided that such Indebtedness in respect of credit or purchase cards is extinguished within 60 days from its incurrence; 

  
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 (e)    Indebtedness arising from agreements providing for
indemnification, adjustment of purchase price, earn-out, dissenting stockholder, or similar obligations (including Indebtedness consisting of the deferred or contingent purchase price of property or services
acquired in a Permitted Acquisition and any other acquisition constituting a permitted Investment), or from guaranties or letters of credit, surety bonds or performance bonds securing the performance of any Borrower or any Subsidiary pursuant to
such agreements, in connection with Permitted Acquisitions, permitted Investments or permitted dispositions of any business, assets or Subsidiary of the Company or any of its Subsidiaries; 

(f)    (i) Indebtedness of a Person or Indebtedness attaching to assets of a Person that, in either case, becomes a
Subsidiary or Indebtedness attaching to assets that are acquired by the Company or any of its Subsidiaries, in each case after the Restatement Date as the result of a Permitted Acquisition or any other acquisition constituting a permitted
Investment, provided that (w) such Indebtedness existed at the time such Person became a Subsidiary or at the time such assets were acquired and, in each case, was not created in anticipation thereof, (x) such Indebtedness is not
guaranteed in any respect by the Company or any Subsidiary (other than by any such person that so becomes a Subsidiary), (y) in the case of any such Person that is a Loan Party, the Company is in pro forma compliance with the financial covenants set
forth in Section 7.07 and (z) in the case of any such Person that is not a Loan Party, the aggregate amount thereof does not exceed at any one time outstanding, together with (A) any Indebtedness incurred pursuant to Sections
7.01(m)(ii), 7.01(n)(i), and 7.01(q) and (B) any Priority Incremental Obligations, the Priority Debt Cap; and (ii) any Permitted Refinancing of any Indebtedness specified in subclause (i) above, provided that such Permitted
Refinancing shall not be secured by any assets other than the assets securing the Indebtedness being renewed, extended or refinanced and the proceeds of such asset or supporting obligations in connection therewith; 

(g)    guaranties by the Company and its Subsidiaries with respect to Indebtedness otherwise permitted to be incurred
pursuant to this Section 7.01 (except that a Subsidiary that is not a U.S. Loan Party may not by virtue of this clause (g) guaranty any Indebtedness that such Subsidiary could not otherwise incur under this Section 7.01); provided
that (i) if the Indebtedness that is being guarantied is unsecured and/or subordinated to the Obligations, the guaranty shall also be unsecured and/or subordinated to the Obligations, (ii) no guaranty by any Subsidiary of any Junior
Financing shall be permitted unless such Subsidiary shall have also guarantied the Obligations pursuant to the Guaranty and (iii) any guaranty by a U.S. Loan Party of Indebtedness of a Subsidiary that is not a U.S. Loan Party would have been
permitted as an Investment pursuant to Section 7.06(l); 
 (h)    Indebtedness described in Schedule 7.01 and any
Permitted Refinancing thereof; 
 (i)    Indebtedness (contingent or otherwise) of the Company or any Subsidiary
existing or arising under any Hedge Agreements entered into in the ordinary course of business and not for speculative purposes; 

(j)    the Senior Notes in an aggregate principal amount not to exceed $1,350,000,000 and any Permitted Refinancing
thereof (which, for the avoidance of doubt, shall include the Permitted Escrow Notes and any Permitted Refinancing of such Permitted Refinancing); 

(k)    (1) unsecured Indebtedness (including Subordinated Indebtedness and Indebtedness convertible into equity of the
Company) that (i) matures after, and does not require any scheduled amortization or other scheduled or mandatory payments of principal or first scheduled put right prior to, the date which is at least 120 days after the latest maturity date of
the 

  
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Term Loans (it being understood that such Indebtedness may have mandatory prepayment, repurchase or redemption provisions satisfying the requirement of clause (ii) hereof), (ii) has terms
and conditions (other than interest rates, fees, funding discounts, redemption premiums and, to the extent customary, subordination terms), taken as a whole, that are not materially lessmore favorable, to the
Companyinvestors
 than the terms and conditions for the Term Facility as determined in good faith by the Company, (iii) shall not be at any time guaranteed by any Subsidiaries other than Subsidiaries that are
Guarantors and the terms of such guarantee shall not be
nomaterially
 more favorable, taken as a whole, to the secured
partiesinvestors in respect of such Indebtedness
than the terms of the Guaranty and (iv) is incurred by the Company; provided that both immediately prior and after giving effect to the incurrence thereof, (x) no Default or Event of Default shall exist or result therefrom and (y) the
Company will be in pro forma compliance with the financial covenants set forth in Section 7.07 and (2) the 2017 Notes in an aggregate principal amount not to exceed $500,000,000 and any Permitted Refinancing thereof; 

(l)    Indebtedness of any Subsidiary that is not a Loan Party to the Company or any Subsidiary; provided that such
Indebtedness owed to any (i) U.S. Loan Party shall be evidenced by an Intercompany Note and shall be subject to a First Priority Lien pursuant to the Pledge and Security Agreement and (ii) any Loan Party that is not a U.S. Loan Party or to
a Subsidiary that is not a Loan Party, shall be unsecured; 
 (m)    (i) deposits or guaranties incurred in the ordinary
course of business and required by any Governmental Authority in a foreign jurisdiction to conduct business in such jurisdiction and (ii) Indebtedness of (including, for the avoidance of doubt, guaranties by) any Subsidiary that is not a U.S.
Loan Party; provided that the aggregate amount of all such Indebtedness permitted by this clause (ii), together with (A) any indebtedness incurred pursuant to Sections 7.01(f) by non-Loan Parties,
7.01(n)(i), and 7.01(q) and (B) any Priority Incremental Obligations, shall not exceed the Priority Debt Cap at any time; 

(n)    (i) Indebtedness of the Company and any of its Subsidiaries incurred to finance or refinance the acquisition,
leasing, construction or improvement of fixed or capital assets (whether pursuant to a loan, a Capital Lease or otherwise) otherwise permitted pursuant to this Agreement, and any other Capital Leases and purchase money Indebtedness and Indebtedness
incurred pursuant to a Sale and Leaseback Transaction permitted under Section 7.09, and in each case a Permitted Refinancing thereof, in an aggregate principal amount not exceeding in the aggregate as to the Company and its Subsidiaries at any
one time outstanding (excluding any Indebtedness arising from the Permitted Gen-Probe Asset Sale), together with (A) any Indebtedness incurred pursuant to Sections 7.01(f) by non-Loan Parties, 7.01(m)(ii), and 7.01(q) and (B) any Priority Incremental Obligations, the Priority Debt Cap and (ii) Indebtedness arising in connection with the Permitted
Gen-Probe Asset Sale; 
 (o)    Refinancing Indebtedness, applied as
required pursuant to the definition thereof; provided that (i) if any Term Loans remain outstanding after giving effect to the prepayment required under this clause (o), the aggregate principal amount of such outstanding Term Loans shall not be
less than $25,000,000 and (ii) before and after giving effect to the incurrence of any Refinancing Indebtedness, each of the conditions set forth in Section 4.02 shall be satisfied; 

(p)    Permitted Incremental Equivalent Debt; provided that after giving effect to the incurrence thereof (i) the sum
of the aggregate principal amount of (x) all New Term Loans and New Revolving Credit Commitments established (and, without duplication, New Revolving Credit Loans incurred) at or prior to such time pursuant to Section 2.16 and (y) any
other Permitted Incremental Equivalent Debt shall not exceed the Incremental Cap, (ii) the Company 

  
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and its Subsidiaries shall be in pro forma compliance with each of the covenants set forth in Section 7.07 as of the last day of the then-most recently ended Fiscal Quarter after giving
effect to the incurrence of such Indebtedness, (iii) before and after giving effect to the incurrence of any Permitted Incremental Equivalent Debt, each of the conditions set forth in Section 4.02 shall be satisfied (provided that, to the
extent the proceeds of any Permitted Incremental Equivalent Debt will be used to consummate a Limited Condition Acquisition, the requirements specified in clauses (ii) and (iii) above shall only be required to be satisfied on the date on which
definitive purchase or merger agreements with respect to such Limited Condition Acquisition are entered into) and (iv) the Company shall deliver to the Administrative Agent at least ten (10) Business Days prior to the incurrence of such
Permitted Incremental Equivalent Debt (x) a certificate of a Responsible Officer, together with all relevant financial information reasonably requested by the Administrative Agent, demonstrating compliance with clauses (i), (ii) and
(iii) of this clause (provided that such certificate shall be conclusive evidence that such terms and conditions satisfy such requirements unless the Administrative Agent provides notice to the Company of its objection within five Business Days
after the commencement of such ten Business Day period) and (y) any customary legal opinions, board resolutions, officers’ certificates and/or reaffirmation agreements reasonably requested by the Administrative Agent; 

(q)    Indebtedness incurred by (i) a Receivables Entity that is a Subsidiary in a Qualified Receivables Transaction
in an aggregate amount outstanding at any time not to exceed (for the avoidance of doubt, excluding any Indebtedness incurred pursuant to Section 7.01(q)(ii) and 7.01(q)(iii)), together with (A) any Indebtedness incurred pursuant to
Sections 7.01(f) by non-Loan Parties, 7.01(m)(ii), and 7.01(n)(i) and (B) any Priority Incremental Obligations, the Priority Debt Cap, (ii) a Receivables Entity that is a Subsidiary in a Qualified
Receivables Transaction owed to originators that constitute Loan Parties, (iii) one or more originators in respect of a Qualified Receivables Transaction in an additional aggregate principal amount not to exceed $150,000,000 in connection with
the Qualified Intercompany Note Transactions and (iv) any guaranty of the Indebtedness set forth in 7.01(q)(iii) by the Company or one or more originators in respect of a Qualified Receivables Transaction; 

(r)    Indebtedness in the form of guaranties of loans and advances to officers, directors, consultants and employees of
the Company and/or its Subsidiaries, in an aggregate amount not to exceed $15,000,000 outstanding at any time; 

(s)    Indebtedness consisting of guaranties of Indebtedness of joint ventures to the extent such guaranty would have been
permitted as an Investment pursuant to Section 7.06(o); 
 (t)    Indebtedness incurred in connection with the
settlement of the Adverse Proceedings set forth on Schedule 5.11; 
 (u)    Indebtedness of the Company or any of its
Subsidiaries consisting of take-or-pay obligations contained in supply agreements, in each case, in the ordinary course of business; 

(v)    Indebtedness consisting of obligations to make payments to current or former officers, directors, former or current
consultants and employees of the Loan Parties or any of their Subsidiaries and their respective estates, spouses or former spouses with respect to the cancellation, purchase or redemption of, Equity Interests of the Company to the extent permitted
under Section 7.04(d); 

  
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 (w)    letters of credit or bank guaranties (other than Letters of
Credit issued pursuant to this Agreement) not supporting Indebtedness and having an aggregate face amount not to exceed $100,000,000 outstanding at any time; 

(x)    other unsecured Indebtedness of the Company and its Subsidiaries in an aggregate amount outstanding at any time not
to exceed the greater of (x) $250,000,000 and (y)
3.016.67% of Total
AssetsConsolidated Adjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements are available; 

(y)    intercompany Indebtedness by and between the Company and any of its Subsidiaries and/or between any of
Company’s Subsidiaries to effect or in furtherance of the Reorganization; and 
 (z)    (i) Indebtedness of the
Real Estate Loan Borrower in an aggregate principal amount not to exceed $150,000,000 and any Permitted Refinancing thereof and (ii) any guaranty of such Indebtedness by the Company; 

Section 7.02.    Liens. No Loan Party shall, nor shall it permit any of its Subsidiaries to, directly or
indirectly, create, incur, assume or permit to exist any Lien on or with respect to any property or asset of any kind (including any document or instrument in respect of goods or accounts receivable) of the Company or any of its Subsidiaries,
whether now owned or hereafter acquired, created or licensed, or any income, profits or royalties therefrom, or file or permit the filing of, or permit to remain in effect, any financing statement or other similar notice of any Lien with respect to
any such property, asset, income, profits or royalties under the UCC of any state or under any similar recording or notice statute or under any applicable Intellectual Property laws, rules or procedures, except: 

(a)    Liens in favor of the Collateral Agent for the benefit of the Secured Parties granted pursuant to any Loan
Document; 
 (b)    Liens for Taxes that are (i) not yet due and payable or (ii) being contested in good faith
by appropriate proceedings being diligently conducted and for which adequate reserves have been made in accordance with GAAP; 

(c)    statutory Liens of landlords, banks (and rights of set off), of carriers, warehousemen, mechanics, repairmen,
workmen and materialmen or customers in connection with purchase orders and other agreements entered into in ordinary course of business, and other Liens imposed by law (other than any such Lien imposed pursuant to Section 430(k) of the Code or
ERISA or a violation of Section 436 of the Code), in each case incurred in the ordinary course of business (i) for amounts not yet more than 30 days overdue or (ii) for amounts that are more than 30 days overdue and that (in the case
of any such amounts overdue for a period in excess of 30 days) are being contested in good faith by appropriate proceedings, so long as such reserves or other appropriate provisions, if any, as shall be required by GAAP shall have been made for any
such contested amounts; 
 (d)    Liens incurred in the ordinary course of business in connection with workers’
compensation, unemployment insurance laws or similar legislation and other types of social security, or to secure the performance of tenders, public or statutory obligations, surety and appeal bonds, bids, leases, government contracts, trade
contracts, performance and return of money bonds, import duties or for the payment of rent and other similar obligations (exclusive of obligations for the payment of borrowed money or other Indebtedness) or deposits to secure public or statutory
obligations of such Persons, so long as no foreclosure, sale or similar proceedings have been commenced with respect to any portion of the Collateral on account thereof; 

  
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 (e)    easements, rights of way, restrictions, encroachments,
reservations of rights of others for licenses, sewers, electric lines, telegraph and telephone lines and other similar purposes, and other minor survey exceptions, defects, encumbrances or irregularities in title, in each case which do not and will
not interfere in any material respect with the ordinary conduct of the business of the Company or any of its Subsidiaries; 

(f)    any interest or title of a lessor under any lease of real estate permitted hereunder; 

(g)    Liens solely on any cash earnest money deposits made by the Company or any of its Subsidiaries in connection with
any letter of intent or purchase agreement permitted hereunder; 
 (h)    (i) Liens evidenced by the filing of
precautionary UCC financing statements and (ii) Liens arising from UCC financing statements regarding operating leases or consignments entered into by the Loan Parties in the ordinary course of business; 

(i)    Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in
connection with the importation of goods; 
 (j)    any zoning or similar law or right reserved to or vested in any
governmental office or agency to control or regulate the use of any real property; 
 (k)    (i) Liens consisting of
Permitted Licenses and (ii) leases of real estate or equipment entered into in the ordinary course of business or consistent with past practice which do not (x) interfere in any material respect with the business of the Company and its
Subsidiaries or (y) secure any Indebtedness; 
 (l)    Liens described in Schedule 7.02; 

(m)    (i) Liens securing Indebtedness permitted pursuant to Section 7.01(n)(i); provided that any such Lien shall
encumber only the asset acquired with the proceeds of such Indebtedness and the proceeds of such asset or supporting obligations in connection therewith, (ii) Liens securing the Indebtedness permitted pursuant to Section 7.01(n)(ii) and
(iii) Liens securing Indebtedness permitted by Section 7.01(f); provided that such Lien was not incurred in contemplation of the Permitted Acquisition (or any other acquisition) referred to in Section 7.01(f) and only encumbers the
assets acquired in such Permitted Acquisition (or other acquisition) referred to in Section 7.01(f); 
 (n)    (i)
Liens on cash or deposits securing Indebtedness permitted pursuant to Section 7.01(c) or (d), (ii) Liens on property in favor of any U.S. Loan Party securing Indebtedness permitted by Section 7.01(l) and (iii) Liens securing
Indebtedness permitted pursuant to Section 7.01(o) and (p); 
 (o)    Liens securing judgments for the payment of
money not constituting an Event of Default; 

  
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 (p)    Liens on property of a Subsidiary that is not a U.S. Loan Party
that secure Indebtedness of such Subsidiary permitted under
SectionSections 
7.01(d) or 7.01(m)(ii); 
 (q)    Liens on accounts
receivable and related assets of the types specified in the definition of “Qualified Receivables Transaction” incurred in connection with a Qualified Receivables Transaction; 

(r)    (i) any other Liens (not securing Indebtedness) arising under, pursuant to or in connection with Co-Development Agreements and (ii) Liens on Discontinued Real Property (or any lease relating thereto); 

(s)    Liens on specific items of inventory or other goods and proceeds of any Person arising in the ordinary course of
business securing such Person’s obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods; 

(t)    Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods,
or otherwise arising on goods in favor of suppliers of such goods, in each case in the ordinary course of business; 

(u)    Liens (i) of a collection bank arising under Section 4-210 of the
UCC on items in the course of collection and (ii) attaching to commodity trading accounts or other commodities brokerage accounts incurred in the ordinary course of business, including Liens encumbering reasonable customary initial deposits and
margin deposits; 
 (v)    Liens on insurance policies and the proceeds thereof securing financing of the premiums with
respect thereto; 
 (w)    Liens consisting of an agreement to Dispose of any property permitted to be Disposed of
pursuant to Section 7.08; 
 (x)    any customary encumbrance or restriction on the Equity Interests in any Person
(other than a Subsidiary) or a joint venture, including customary joint venture, operating, shareholder, organizational, governance, trust or similar agreement, including voting rights, information rights,
pre-emptive rights, rights of first refusal, “tag-along” and “drag along” rights, transfer restrictions and put and call arrangements with respect to
the Equity Interests of any joint venture or such Person pursuant to any joint venture or similar agreement; 

(y)    Liens arising on property in connection with a Sale and Leaseback Transaction with respect to such property as
permitted under Section 7.09; provided that such Lien applies solely to the property subject to such Sale and Leaseback Transaction; 

(z)    Liens that are contractual rights of set-off (i) relating to the
establishment of depositary relations with banks or other financial institutions and not given in connection with the issuance of Indebtedness, (ii) related to pooled deposit or sweep accounts of the Company or any of its Subsidiaries to permit
satisfaction of overdraft or similar obligations incurred in the ordinary course of business or (iii) relating to purchase orders and other agreement entered into with customers of the Company or any of the Subsidiaries in the ordinary course
of business; 
 (aa)    the modification, replacement, renewal or extension of any Lien permitted by Sections 7.02(l)
and (m); provided that (i) such Lien does not extend to any additional property 

  
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other than (A) after acquired property that is affixed or incorporated into the property covered by such Lien and (B) the proceeds and products thereof and (ii) the renewal,
extension or refinancing of the obligations secured by such Lien is permitted by Section 7.01; 

(bb)    three-way technology escrow agreements entered into using reputable escrow
agents in connection with the license, development and distribution agreements of the Company and its Subsidiaries, pursuant to which Intellectual Property of the Company and its Subsidiaries, as applicable, is placed in escrow for the benefit of
the agreement party that do not materially interfere with the conduct of the Company’s or any of its Subsidiaries’ business as conducted on the
RestatementSecond
Amendment Effective Date (or as permitted by Section 7.11) or materially detract from the value thereof; provided that (i) the escrowed Intellectual Property is only released to the
agreement party upon the bankruptcy, cessation of business, repudiation of material obligations or similar industry standard trigger events of the Company and its Subsidiaries and (ii) upon such release, the agreement party’s use is
limited to its internal use only, consistent with the manner in which the Intellectual Property was used by the Company and/or its Subsidiaries on behalf of the agreement party prior to the technology’s release from escrow; 

(cc)    other Liens securing Indebtedness in an aggregate amount not to exceed the greater of (x) $150,000,000 and (y) 1.75% of Total
Assets300,000,000 and (y) 20% of Consolidated Adjusted EBITDA for the most recent period of four
(4) Fiscal
 Quarters for which financial statements are available; 

(dd)    (x) Liens on the Notes Escrow Account (and the Notes Proceeds held therein) securing the Permitted Escrow Notes or
otherwise under the Notes Escrow Arrangements, but only so long as the Notes Escrow Arrangements are in effect or (y) Liens of the applicable trustee in connection with any discharge and/or defeasance of the Senior Notes, Convertible Notes
and/or any other Indebtedness permitted hereunder on proceeds deposited with such trustee for such purpose to the extent permitted pursuant to Section 7.04, including the Notes Proceeds or proceeds of the issuance of any Permitted Refinancing
of the Convertible Notes or such other Indebtedness (or any account in which such proceeds are deposited); 

(ee)    restrictions on transfers under applicable securities laws; and 

(ff)    Liens on (i) the Specified Owned Properties (and any other property or assets of Real Estate Loan Borrower)
securing Indebtedness permitted pursuant to Section 7.01(z) and (ii) (x) any Securitization Intercompany Note and (y) additional amounts (which may include cash collateral) not to exceed $50,000,000, in each case, securing
indebtedness permitted under Section 7.01(q)(iii). 
 For the avoidance of doubt, this Section 7.02 shall be subject to Section 2.20.
Notwithstanding the foregoing, no Loan Party shall permit to exist any Lien on any Real Estate Assets of the Company or its Subsidiaries to secure Indebtedness for borrowed money other than (i) fixtures, (ii) to the extent permitted under
(x) Section 7.02(m)(i) or (y) Section 7.02(m)(iii) and (iii) to the extent permitted under Section 7.02(ff)(i). 

Section 7.03.    No Further Negative Pledges. No Loan Party nor any of its Subsidiaries shall enter into any
agreement prohibiting the creation or assumption of any Lien upon any of its properties or assets, whether now owned or hereafter acquired, to secure the Obligations except (a) with respect to specific property subject to a Lien permitted
hereunder to secure payment of Indebtedness permitted hereunder or to be sold pursuant to an executed agreement with respect to 

  
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an Asset Sale or other Disposition permitted hereunder; provided that such restrictions are limited to the property so encumbered or subject to such Asset Sale or other Disposition,
(b) customary restrictions contained in any Permitted License, lease or similar agreement permitted hereunder (provided that such restrictions are limited to the property or assets subject to such Permitted License, lease or similar
agreement), (c) customary provision in joint venture agreements applicable to joint ventures permitted hereunder; provided that such restrictions are applicable solely to such joint venture entered into in the ordinary course of business,
(d)) customary provisions set forth in Co-Development Agreements; provided that such restrictions are applicable solely to the property subject to such
Co-Development Agreement, (e) with respect to Discontinued Real Property, (f) restrictions identified on Schedule 7.03, (g) restrictions set forth in Indebtedness permitted under Section 7.01(f)
that impose restrictions on the property so acquired in connection with the Permitted Acquisition (and any other acquisition) referred to in Section 7.01(f), (h) restrictions under any Refinancing Indebtedness or Permitted Incremental
Equivalent Debt, (i) restrictions contained in (1) the indentures relating to the Convertible Notes and the Senior Notes and, (2) any indentures, note purchase agreements or other agreements evidencing Indebtedness permitted in accordance with Section 7.01(k) and
(3) any
 loan documents, bond documents or other financing agreements evidencing Indebtedness permitted in
accordance with
Section 7.01
(m)(ii) (provided that
 such restrictions only apply to any obligor(s) (and their Subsidiaries) under such documents or agreements), (j) pursuant to any amendment, modification, restatement, renewal, increase,
supplement, refunding, (k) restrictions identified on Schedule 7.03, (l) restrictions set forth in Indebtedness permitted under Section 7.01(f) that impose restrictions on the property so acquired in connection with the Permitted
Acquisition (and any other acquisition) referred to in Section 7.01(f) replacement or refinancing of an agreement referred to in clauses (a) through (i) above, (m) restrictions set forth in Indebtedness permitted under Sections
7.01(d), 7.01(z) and 7.01(q)(iii) (provided that
such restrictions are limited to the property or assets subject to such Indebtedness or if such restrictions also apply to other property, such restrictions are no more restrictive in any material respect than such restrictions in this Agreement);
provided, however, that any such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing is not more materially restrictive with respect to such restrictions taken as a whole than those prior
to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing as determined in good faith by the Company. 

Section 7.04.    Restricted Junior Payments. No Loan Party shall, nor shall it permit any of its Subsidiaries
through any manner or means or through any other Person to, directly or indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart, any sum for any Restricted Junior Payment, except (a) each
Subsidiary may make Restricted Junior Payments of the types referred to in clauses (i), (ii) and (iii) of the definition of Restricted Junior Payments with respect to its Equity Interests to the Company and its other Subsidiaries (and, in the
case of non-wholly owned Subsidiaries to the Company and any of its other Subsidiaries and to each other owner of Equity Interest of such Subsidiary based on their relative ownership interest of the relevant
class), (b) the Company and each Subsidiary may make Restricted Junior Payments of the type referred to in clause (iv) of the definition thereof to the Company or one or more other Subsidiaries, subject only to the subordination
provisions, if any, applicable thereto, (c) the Company may (x) pay Convertible Note Repayment Obligations then due and payable or (y) make any cash payment in respect of any purchase or repurchase through negotiated or open market
transactions of any Convertible Notes (i) not more than 18 months prior to a Convertible Note Put Date in respect thereof or (ii) at any time on and after the date on which the Company has the option to call or otherwise redeem such
Convertible Notes from the holder thereof, in each case so long as no Default or Event of Default shall have occurred and be continuing or shall be caused thereby, (d) so long as no Default or Event of Default shall have

  
 180 

 
occurred and be continuing or shall be caused thereby, the Company and each Subsidiary may repurchase, redeem or otherwise acquire or retire for value any Equity Interests (or any restricted
stock units) of the Company or any of its Subsidiaries held by any current or former officer, director, consultant or employee of the Company or any of its Subsidiaries, or his or her estate, spouse, former spouse or family member (or pay principal
or interest on any Indebtedness issued in connection with such repurchase, redemption or other acquisition) pursuant to any equity subscription agreement, stock option agreement, shareholders’ agreement, similar agreement or any other agreement
pursuant to which such Equity Interests (or restricted stock units) were acquired or benefit plan of any kind and pay the amount of withholding Taxes owed by the recipient of such payment on account thereof, provided that only the Company may
repurchase, redeem or otherwise acquire or retire for value any Equity Interests (or restricted stock units) of the Company specified in this clause (d), (e) the Company or any Subsidiary may make cash payments in the form of cash settlements with
respect to the Spread Overlay Agreements in accordance with the terms thereof, and only to the extent required thereby, so long as the Company receives contemporaneously with or within ninety (90) days preceding such distribution aggregate cash
payments in connection with such Spread Overlay Agreements of not less than the amount of such distribution, (f) as set forth on Schedule 7.04 hereof, (g) the Company or any Subsidiary may refinance any Junior Financing with the proceeds
of the Permitted Refinancing thereof (including without limitation by (i) depositing such proceeds in the Notes Escrow Account pursuant to the Notes Escrow Arrangement or (ii) defeasance and/or discharge of the applicable Junior Financing
as permitted or contemplated under the definition of Permitted Refinancing), (h) the Company or any Subsidiary may make payments or distributions to dissenting stockholders pursuant to applicable law, pursuant to or in connection with a
consolidation, merger or disposition of assets that complies, if applicable, with the provisions of this Agreement, (i) so long as no Default or Event of Default shall have occurred and be continuing, the Company or any Subsidiary may purchase,
redeem or acquire its outstanding Equity Interests or any Indebtedness with the Net Equity Proceeds received from a substantially concurrent issuance of new Equity Interests, (j) any Loan Party or any Subsidiary may make any Restricted Junior
Payment on account of the repurchase of Equity Interests deemed to occur upon exercise of stock options, warrants or similar rights or grant, vesting or lapse of restrictions on the grant of any other performance shares, restricted stock, restricted
stock units or other equity awards to the extent that shares of such Equity Interests represent all or a portion of (i) the exercise or purchase price of such options, warrants or similar rights or other equity awards and (ii) the amount
of withholding Taxes owed by the recipient of such award in respect of such grant, exercise, vesting or lapse of restrictions covered by clause (i), (k) so long as no Default or Event of Default shall have occurred and be continuing or shall be
caused thereby, any Loan Party or any Subsidiary may make other Restricted Junior Payments in an aggregate amount in any Fiscal Year not to exceed the sum
of (i) $125,000,000 plus (ii)
 
the Available Amount with respect to such Fiscal
Year; provided that such amount shall be unlimited if (1) the Net Senior Secured Leverage Ratio is less than or equal to
3.504.00:1.00 and (2) there is no continuing Default and (iii) (l) any Restricted Junior Payment made to effect or in furtherance of
the Reorganization. 

Section 7.05.    Restrictions on Subsidiary Distributions. No Loan Party shall, nor shall it permit any of its
Subsidiaries to, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Subsidiary of the Company to (a) pay dividends or make any other distributions on any
of such Subsidiary’s Equity Interests owned by the Company or any other Subsidiary of the Company, (b) repay or prepay any Indebtedness owed by such Subsidiary to the Company or any other Subsidiary of the Company, (c) make loans or
advances to the Company or any other Subsidiary of the Company 

  
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or (d) transfer, lease or license any of its property or assets to the Company or any other Subsidiary of the Company other than (i) with respect to specific property subject to a Lien
permitted hereunder to secure payment of Indebtedness permitted hereunder or to be sold pursuant to an executed agreement with respect to an Asset Sale or other Disposition permitted hereunder; provided that such restrictions are limited to
the property so encumbered or subject to such Asset Sale or Disposition, (ii) customary restrictions contained in any Permitted License, leases or similar agreements permitted hereunder; provided that such restrictions are limited to the
property or assets subject to such Permitted License, lease or similar agreement, (iii) customary provision in joint venture agreements applicable to joint ventures permitted hereunder; provided that such restrictions are applicable
solely to such joint venture entered into in the ordinary course of business, (iv) customary provision set forth in Co-Development Agreements; provided that such restrictions are applicable solely
to the property subject to such Co-Development Agreements, (v) with respect to Discontinued Real Property, (vi) restrictions identified on Schedule 7.05, (vii) restrictions set forth in Indebtedness
permitted under Section 7.01(d), provided that
 such restrictions are applicable solely to the obligors subject to such Indebtedness (and their Subsidiaries),
Section
 7.01(f) that imposes restrictions on the property
so acquired in connection with the Permitted Acquisition (and/or any other acquisition) referred to in Section 7.01(f), Section 7.01(g) (to the extent not more restrictive that the restrictions contained in this Agreement), 7.01(k) (to the
extent not more restrictive that the restrictions contained in this Agreement), Section 7.01(m)(ii) (solely with respect to the entity incurring such Indebtedness), Section 7.01(n) (solely with respect to the assets financed thereby in the
case of Section 7.01(n)(i)), Section 7.01(q), Section 7.01(x) (to the extent not more restrictive that the restrictions contained in this Agreement) and Section 7.01(z) (to the extent not more restrictive in any material respect
than the restrictions contained in this Agreement), (viii) restrictions under any Refinancing Indebtedness or Permitted Incremental Equivalent Debt, (ix) restrictions contained in (A) this Agreement and the indentures relating to the
Convertible Notes and the Senior Notes and (B) any indentures, note purchase agreements or other similar agreements evidencing the Indebtedness permitted in accordance with Section 7.01(k) hereof, (x) restrictions on cash or
other deposits or customary net worth provisions imposed by customers under contracts entered into in the ordinary course of business, (xi) pursuant to any amendment, modification, restatement, renewal, increase, supplement, refunding,
replacement or refinancing of an agreement referred to in clauses (i) through (x) above; provided, however, that any such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing is no
more materially restrictive with respect to such encumbrances and other restrictions taken as a whole than those prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing as determined
in good faith by the Company. 
 Section 7.06.    Investments. No Loan Party shall, nor shall it
permit any of its Subsidiaries to, directly or indirectly, make or own any Investment in any Person, including any joint venture, except: 

(a)    Investments in Cash, Cash Equivalents, Investment Grade Securities and Acquired
Non-Investment-Grade Securities; 
 (b)    Investments owned as of or made prior
to the
RestatementSecond
Amendment Effective Date in any Subsidiary and Investments made or owned after the
RestatementSecond
 Amendment Effective Date in any U.S. Loan Party; 

  
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 (c)    Investments (i) in any Securities received in satisfaction
or partial satisfaction thereof from financially troubled account debtors and (ii) deposits, prepayments and other credits to suppliers made in the ordinary course of business of the Company and its Subsidiaries; 

(d)    Investments made or owned by any Subsidiary that is not a U.S. Loan Party in another Subsidiary that is not a U.S.
Loan Party; 
 (e)    Investments in the nature of pledges or deposits with respect to leases, utilities, worker’s
compensation, performance and other similar deposits provided to third parties in the ordinary course of business; 

(f)    Investments consisting of extensions of credit in the nature of accounts receivable or notes receivable arising
from the grant of trade credit in the ordinary course of business; 
 (g)    Investments representing non-cash consideration received by the Company or any of its Subsidiaries in connection with (i) any Asset Sale effected in accordance with Section 7.08 or (ii) a Disposition of assets not
constituting an Asset Sale; provided that any such non-cash consideration received by the Company or any other U.S. Loan Party is pledged to the Collateral Agent for the benefit of the Secured Parties
pursuant to the Collateral Documents; 
 (h)    Investments by the Company or any of its Subsidiaries in a Person in an
aggregate amount not to exceed at any time an amount equal to the greater of (x) $300,000,000 and (y) 3.5% of Total Assets375,000,000 and (y) 25% of Consolidated Adjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements are available; 

(i)    loans and advances to employees, directors, officers and consultants of the Company and its Subsidiaries made in
the ordinary course of business in an aggregate principal amount not to exceed $20,000,000 at any time outstanding in the aggregate; 

(j)    Permitted Acquisitions; 

(k)    Investments existing on the
RestatementSecond
Amendment Effective Date or made or owned pursuant to legally binding written contracts in existence on the
RestatementSecond
 Amendment Effective Date, in each case as described in Schedule 7.06(k) and any modification, replacement, renewal or extension thereof so long as the amount of such Investment is not increased
thereby other than as otherwise permitted by this Section 7.06; 
 (l)    Investments made after the RestatementSecond Amendment
Effective Date by any U.S. Loan Party in any Subsidiary that is not a U.S. Loan Party in an aggregate amount in any Fiscal Year not to exceed at any time, together with the aggregate amount of any
Investment made during such Fiscal Year pursuant to the first
proviso to clause (c) of the definition of Permitted
Acquisition (but excluding any Investments made in accordance with subclauses (I) or
 (II) of the last proviso to such clause (c)), the greater of (x) $300,000,000 and (y) 3.5% of Total
Assets; 
provided that any such Investments in the form of loans shall comply with Section 7.01(l); provided further, for Company’s Fiscal Year ending in September 2018,
only such Investments made after the Restatement Date shall be included for purposes of this clause (l) for such Fiscal
Year; 20% of Consolidated Adjusted EBITDA for the most recent period of four (4) Fiscal
 Quarters for which financial statements are available; 
 (m)    the
Spread Overlay Agreements to the extent constituting an Investment; 

  
 183 

 (n)    all Investments existing or arising under any Hedge Agreement
entered into in the ordinary course of business and not for speculative purposes; 
 (o)    Investments in any joint
ventures in an amount outstanding at any one time not to exceed the greater of (i) $250,000,000 and (ii) 3.016.67% of Total AssetsConsolidated
Adjusted EBITDA for the most recent period of four (4)-Fiscal Quarters for which financial statements are available; 

(p)    any Investments received in good faith in settlement or compromise of obligations of trade creditors or customers
that were incurred in the ordinary course of business, including pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer; 

(q)    any Permitted License to the extent constituting an Investment; 

(r)    Investments in the ordinary course of business consisting of endorsements for collection or deposit; 

(s)    Investments made solely in exchange for the issuance of Equity Interests (other than Disqualified Equity Interests)
of the Company; 
 (t)    Investments made (i) by any non-Loan Party to the
extent such investments are financed or otherwise funded with the proceeds received by such non-Loan Party from an investment previously made pursuant to Section 7.06(h) or Section 7.06(l) and
(ii) in any non-Loan Party of an investment previously made pursuant to Section 7.06(h). 

(u)    Investments in a Receivables Entity, or any Investment by a Receivables Entity in any other Person in connection
with a Qualified Receivables Transaction, including Investments of funds held in accounts permitted or required by the arrangements governing such Qualified Receivables Transaction or any related Indebtedness; provided, however, that any Investment
in a Receivables Entity is in the form of a promissory note, contribution of additional receivables or an equity interest; 

(v)    Investments held by a Subsidiary acquired after the Closing Date, including by way of a merger, amalgamation or
consolidation with or into the Company or any of its Subsidiaries in a transaction that is not prohibited by Section 7.08 to the extent that such Investments were not made in contemplation of such acquisition, merger, amalgamation or
consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation (it being understood that Investments in Subsidiaries of such acquired Subsidiary must be otherwise permitted by Section 7.06(j)); 

(w)    Investments in guaranteed investment contracts, annuities, mutual funds, insurance policies and similar products
and investments purchased in the ordinary course of business in accordance with the Company’s qualified and/or non-qualified deferred compensation plan; 

(x)    Investments held by a Massachusetts securities corporation in an aggregate amount not to exceed $1,000,000; 

(y)    Investments to effect or in furtherance of the Reorganization; 

  
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 (z)    other Investments in an unlimited amount so long as after giving
effect to such Investment the Company and its Subsidiaries would be in compliance, on a pro forma basis, with a Net Senior Secured Leverage Ratio not to exceed
3.504.00:1.00; provided that before and immediately after giving effect to such Investment, no Default or Event of Default shall have occurred and be continuing or would result therefrom; and 

(aa)    Investments made in the Real Estate Loan Borrower in connection with Indebtedness incurred pursuant to
Section 7.01(z), including without limitation of the Investment of the Specified Owned Properties in the Real Estate Loan Borrower). 

Notwithstanding the foregoing, in no event shall any Loan Party make any Investment that results in or facilitates in any manner any
Restricted Junior Payment not otherwise permitted under the terms of Section 7.04. 

Section 7.07.    Financial Covenants. 

(a)    Interest Coverage Ratio. The Company shall not permit the Interest Coverage Ratio as of the last day of any Fiscal
Quarter, beginning with the first full Fiscal Quarter ending after the Restatement Date, to be less than 3.753.00:1.00. 

(b) Total Net Leverage Ratio. The Company shall not permit the Total Net Leverage Ratio as of the last day
of any Fiscal Quarter ending on or about each date set forth below, beginning with the first full Fiscal Quarter ending after the Restatement Date, to
exceed the correlative ratio indicated opposite such date: 
  

					
	Fiscal Quarter	  	Total Net Leverage Ratio	 
	 September 30, 2017
	  	 	5.00:1.00 	 
	 December 30, 2017
	  	 	5.00:1.00	 
	 March 31, 2018
	  	 	5.00:1.00	 
	 June 30, 2018
	  	 	5.00:1.00	 
	 September 29, 2018
	  	 	5.00:1.00	 
	 December 29, 2018
	  	 	5.00:1.00	 
	 March 30, 2019
	  	 	5.00:1.00	 
	 June 29, 2019
	  	 	5.00:1.00	 
	 September 28, 2019
	  	 	5.00:1.00	 
	 December 28, 2019
	  	 	5.00:1.00	 
	 March 28, 2020
	  	 	5.00:1.00	 

  
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	Fiscal Quarter	  	Total Net Leverage Ratio	 
	 June 27, 2020
	  	 	5.00:1.00	 
	 September 26, 2020
	  	 	5.00:1.00	 
	 December 26, 2020
	  	 	5.00:1.00	 
	 March 27, 2021
	  	 	5.00:1.00	 
	 June 26, 2021
	  	 	5.00:1.00	 
	 September 25, 2021
	  	 	5.00:1.00	 
	 December 25, 2021
	  	 	5.00:1.00	 
	 March 26, 2022
	  	 	5.00:1.00	 
	 June
25, 2022 and thereafter
	  	 	4.50:1.00	 

(b)
    Total Net Leverage Ratio. (i) 
Beginning
with the first full Fiscal Quarter ending after the Restatement Date until (and including) the Fiscal Quarter ending on June 27,
 2026, the Company shall not permit the Total Net Leverage Ratio as of the last day of any Fiscal Quarter
to exceed 5.00:1.00 and (ii) beginning
 with the Fiscal Quarter commencing on June 28, 2026, the Company shall not permit the Total Net Leverage Ratio as of the last day of
any Fiscal Quarter to exceed 4.50:1.00; provided
that the Company shall be permitted, upon written notice to the Administrative Agent, up to three (3) times during the period commencing on the
RestatementSecond
Amendment Effective Date and ending on the Maturity Date, solely in connection with a Material Acquisition, to increase such Total Net Leverage Ratio by 0.50:1.00 for the four consecutive fiscal
quarters ended immediately after the closing date of such Material Acquisition. 

Section 7.08.    Fundamental Changes; Disposition of Assets; Acquisitions. No Loan Party shall, nor shall it
permit any of its Subsidiaries to, enter into any transaction of merger or consolidation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease or license, exchange, transfer or otherwise dispose
of, in one transaction or a series of transactions all or any part of its business, assets or property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, whether now owned or hereafter acquired, created,
leased or licensed, or acquire by purchase or otherwise (other than purchases or other acquisitions of inventory, materials and equipment and capital expenditures in the ordinary course of business) the business, substantially all property or fixed
assets of, or stock or other evidence of beneficial ownership of, any Person or any division or line of business or other business unit of any Person, except: 

(a)    (i) any Subsidiary of the Company may be merged with or into the Company or any Guarantor, or be liquidated, wound
up or dissolved, or all or any part of its business, property or assets or the Equity Interests issued by it may be conveyed, sold, leased, transferred or otherwise Disposed of, in one transaction or a series of transactions, to the Company or any
Guarantor; provided, in the case of such a merger, the Company or such Guarantor, as applicable 

  
 186 

 
shall be the continuing or surviving Person; (ii) any Massachusetts securities corporation may be merged with or into any other Massachusetts securities corporation, or be liquidated, wound
up or dissolved, or all or any part of its business, property or assets or the Equity Interests issued by it may be conveyed, sold, leased, transferred or otherwise Disposed of, in one transaction or a series of transactions, to any other
Massachusetts securities corporation or any U.S. Loan Party; and (iii) any Subsidiary that is not a Loan Party may be merged with or into any other Subsidiary, or be liquidated, wound up or dissolved, or its issued Equity Interests or all or
any part of its business, property or assets may be conveyed, sold, leased, transferred or otherwise Disposed of, in one transaction or a series of transactions to any other Subsidiary. 

(b)    sales, licenses, leases or other Dispositions of assets that do not constitute Asset Sales; 

(c)    Asset Sales; provided (i) the consideration received for such assets shall be in an amount at least equal to
the fair market value thereof (determined in good faith by the Board of Directors of the Company (or similar governing body)), (ii) no less than 70% thereof shall be paid in Cash; provided that for the purpose of this clause (ii), the following
shall be deemed to be Cash: (A) any securities received by the Company or such Subsidiary that are converted by the Company or such Subsidiary into Cash or Cash Equivalents (to the extent of the Cash or Cash Equivalents received in such
conversion) within 180 days following the closing of the applicable Asset Sale, (B) any Designated Non-Cash Consideration in respect of such Asset Sale having an aggregate fair market value, taken
together with the Designated Non-Cash Consideration in respect of all such Asset Sales, not to exceed at any time the greater of
(x) $200,000,000 and 3% of Total Assets 225,000,000 and (y) 15%
of Consolidated Adjusted EBITDA for the most recent period of four
(4) Fiscal
 Quarters for which financial statements are available. and (C) any liabilities (as shown on the Company’s then-most recent balance sheet provided hereunder or in the footnotes thereto)
of the Company and/or any of its Subsidiaries (other than liabilities that are by their terms subordinated to the Obligations) that are assumed by the transferee with respect to the applicable Disposition and for which the Company and the applicable
Subsidiaries shall have been validly released by all applicable creditors in writing, (iii) the Net Asset Sale Proceeds thereof shall be applied or otherwise used in accordance with Section 2.05(c)(i) and (iv) at the time of such
Asset Sale, no Default or Event of Default shall have occurred and be continuing or would result therefrom (it being understood and agreed that the proceeds of such Asset Sales shall be valued at the principal amount thereof in the case of non-Cash proceeds consisting of notes or other debt Securities and valued at fair market value in the case of other non-Cash proceeds); 

(d)    Disposals of obsolete, worn out or surplus property or damaged property no longer useful in the business of the
Company and its Subsidiaries (including without limitation, in connection with scheduled maintenance); 

(e)    Permitted Acquisitions; 

(f)    Investments made or owned in accordance with Section 7.06 and Sale and Leaseback Transactions made in
accordance with Section 7.09; 
 (g)    (i) the abandonment of rights, franchises, licenses, trade names,
copyrights, patents, trademarks or other Intellectual Property that are, in the reasonable judgment of the Company, either no longer economically practicable to maintain or no longer material in the conduct of the business of the Company and its
Subsidiaries taken as a whole, (ii) the transfer of Intellectual Property rights (including Permitted Licenses) in settlement of any dispute or litigation with governmental regulatory authorities or otherwise necessary to comply with any

  
 187 

 
legal or regulatory requirement, (iii) the transfer of Intellectual Property rights (including Permitted Licenses) to third parties in settlement of any dispute or litigation with third
parties and (iv) the transfer, sale or other disposition of non-core Intellectual Property, which, in the case of clauses (i), (iii) and (iv), does not materially interfere with the conduct of the
Company’s or any of its Subsidiaries’ business as conducted on the RestatementSecond Amendment Effective Date (or as permitted by Section 7.11)
or materially detract from the value thereof; 
 (h)    sales to a Receivables Entity or transfers by a
Receivable Entity of accounts receivable and related assets of the type specified in the definition of “Qualified Receivables Transaction”; 

(i)    (x) to the extent allowable under Section 1031 of the Code, any exchange of like-kind property (excluding any
boot thereon) for use in any business or lines of business in which the Company and/or its Subsidiaries are engaged as of the RestatementSecond Amendment Effective Date (or as permitted by Section 7.11)
and (y) or any other exchange for replacement property or for credit to purchase similar replacement property provided that, in each case, to the extent the property exchanged is Collateral, such replacement property shall constitute
Collateral; 
 (j)    sales, licenses, leases or other Dispositions of property to the Company or a Subsidiary;
provided that if the transferor of such property is a U.S. Loan Party either (i) the transferee thereof must be a U.S. Loan Party, (ii) such sale, license, lease or other Disposition must be for fair market value or (iii) such
transaction shall constitute an Investment and must be permitted by Section 7.06; 
 (k)    the unwinding of any
Hedge Agreement or Swap Obligations; 
 (l)    sales, transfers and other Dispositions of Investments in joint ventures
to the extent required by, or made pursuant to, customary buy/sell arrangements between the joint venture parties set forth in joint venture arrangements, which do not materially interfere with the conduct of the business of the Company and its
Subsidiaries; 
 (m)    the creation of a Lien permitted under Section 7.02 (other than 7.02(w)); 

(n)    dispositions of Investments or accounts receivable in connection with the compromise, settlement or collection
thereof in the ordinary course of business or in bankruptcy or similar proceedings and exclusive of factoring or similar arrangements; 

(o)    the sale, discount or other Disposition of accounts receivable or notes receivable in the ordinary course of
business or the conversion of accounts receivable to notes receivable; 
 (p)    the taking of any Real Estate Asset by
any Person pursuant to the power of eminent domain, condemnation or otherwise; provided that any Net Insurance/ Condemnation Proceeds realized by the Company or any of its Subsidiaries in connection with such taking are applied or otherwise used in
accordance with Section 2.05(c)(ii), if applicable; 
 (q)    Dispositions of assets not used or useful in the
business of the Company and its Subsidiaries acquired in connection with (i) any Permitted Acquisition or any other acquisition or Investment permitted under this Agreement within 180 days thereof and (ii) any Prior Acquisition (it being
understood and agreed that (x) Cash and Cash Equivalents shall not constitute non-core assets and (y) Acquired Non-Investment Grade Securities shall constitute
non-core assets); provided that, in regards to any Permitted Acquisition, Prior Acquisition or other acquisition 

  
 188 

 
constituting an Investment, the aggregate amount of assets disposed of pursuant to this clause (q) shall not exceed the greater of (x) 20% of the net purchase price of such Permitted
Acquisition, Prior Acquisition or other acquisition constituting an Investment, as applicable and (y) 15.5% of Total AssetsConsolidated
Adjusted EBITDA for the prior four (4)-Fiscal Quarter period then ending; 

(r)    (i) any leases or subleases of any Real Estate Asset permitted by Section 7.02 and (ii) Dispositions of
leasehold improvements or leased assets in connection with the termination of any operating lease; 
 (s)    the
abandonment, termination or lapse of rights, franchises, licenses and permits to the extent permitted by Section 6.02; 

(t)    Dispositions of mutual funds and other Investments permitted to be made pursuant to Section 7.06(w); 

(u)    Restricted Junior Payments permitted by Section 7.04 to the extent constituting a Disposition or Asset Sale;
and 
 (v)    the Permitted Gen-Probe Asset Sale. 

For the avoidance of doubt, the formation of a Subsidiary, in and of itself, shall be permitted under this Section 7.08 hereof provided
that any capitalization or other initial or subsequent Investment in connection therewith shall be subject to Section 7.06 hereof. 

Section 7.09.    Sales and Leasebacks. Except as set forth on Schedule 7.09, no Loan Party shall, nor shall it
permit any of its Subsidiaries to, directly or indirectly, become or remain liable as lessee or as a guarantor or other surety with respect to any lease of any property (whether real, personal or mixed), whether now owned or hereafter acquired,
which such Loan Party (a) has sold or transferred or is to sell or to transfer to any other Person (other than the Company or any of its Subsidiaries) or (b) intends to use for substantially the same purpose as any other property which has
been or is to be sold or transferred by such Loan Party to any Person (other than the Company or any of its Subsidiaries) in connection with such lease (any such sale or use pursuant to clauses (a) or (b), a “Sale and Leaseback
Transaction”), unless (i) the Company shall be in compliance, on a pro forma basis after giving effect to the consummation of the Sale and Leaseback Transaction and the application of the proceeds thereof, with the Total Net Leverage
Ratio set forth in subsection 7.07, recomputed as at the last day of the then-most recently ended Fiscal Quarter of the Company for which the relevant information is available as if such Sale and Leaseback Transaction had been consummated on the
first day of the relevant period for testing such compliance (such calculation to be made in a manner reasonably satisfactory to the Administrative Agent and to be evidenced by a certificate in form and substance reasonably satisfactory to the
Administrative Agent signed by a Responsible Officer of the Company and delivered to the Administrative Agent (which shall promptly deliver copies to each Lender) at least three (3) Business Days prior to the consummation of such Sale and
Leaseback Transaction), (ii) the lease entered into by the Company or any of its Subsidiaries in connection with such Sale and Leaseback Transaction is either (A) a Capital Lease or (B) a lease the payments under which will be treated as
an operating expense for purposes of determining Consolidated Adjusted EBITDA and (iii) an amount equal to 100% of the Net Cash Proceeds of such Sale and Leaseback Transaction (other than any Net Cash Proceeds with respect to the Permitted Gen-Probe Asset Sale, to the extent applicable) is applied or otherwise used in accordance with Sections 2.05 and 2.06. 

  
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 Section 7.10.    Transactions with Shareholders and
Affiliates. No Loan Party shall, nor shall it permit any of its Subsidiaries to, directly or indirectly, enter into or permit to exist any transaction involving aggregate consideration in excess of $10,000,000 (including the purchase, sale,
lease or exchange of any property or the rendering of any service) with any Affiliate of the Company on terms that are less favorable to the Company or that Subsidiary, as the case may be, than those that might be obtained at the time from a Person
who is not such a holder or Affiliate; provided, the foregoing restriction shall not apply to (a) any transaction between the Company and any of its Subsidiaries or among Subsidiaries of the Company; (b) customary fees paid to
members of the Board of Directors (or similar governing body) of the Company and its Subsidiaries; (c) compensation or fees to, or the provision of benefits for officers, consultants and former consultants, directors and employees of the
Company and its Subsidiaries entered into in the ordinary course of business (including, without limitation, loans and advances permitted under Section 7.06(i)); (d) transactions or arrangements described in Schedule 7.10 or any renewals or
extensions of any such agreements (so long as such renewals or extensions are not less favorable in any material respect to the Company or its Subsidiaries); (e) (i) any transactions between a Loan Party and any Person that is an Affiliate
solely because a director of such Person is also a director of a Loan Party, so long as such director abstains from voting as a director of such Loan Party in any matter involving such Person and (ii) any transactions with a Person that is an
Affiliate of the Company (other than a Subsidiary) solely because the Company or any Subsidiary owns Equity Interests in such Person; (f) Restricted Junior Payments permitted to be made under Section 7.04; (g) transactions with
consultants, customers, clients, suppliers, lessees or purchasers or sellers of goods or services, in each case in the ordinary course of business and otherwise in compliance with the terms of this Agreement; (h) transactions effected as a part
of a Qualified Receivables Transaction and any Permitted Refinancing thereof; (i) Investments permitted under Sections 7.06(c), (o), and (p); (j) the issuances of Equity Interests or other securities or other payments, awards or grants in cash,
securities or otherwise pursuant to, or the funding of, employment arrangements, stock option and stock ownership plans or similar employee benefit plans approved by a majority of the Board of Directors of the Company or majority of disinterested
members of the Board of Directors or any direct or indirect parent company of a Subsidiary of the Company, as appropriate, in good faith; (k) any employment or consulting agreement, incentive agreement, employee benefit plan, severance
agreement, stock option or stock ownership plan, or any similar arrangement entered into by the Company or any of its Subsidiaries in the ordinary course of business approved by the Board of Directors of the Company, and payments, awards, grants or
issuances of Capital Stock or other securities pursuant thereto; (l) any transaction with a Person in its capacity as a holder of Indebtedness or Equity Interests of the Company or any of its Subsidiaries where such Person is treated no more
favorably than the other holders of Indebtedness or Equity Interests of the Company or any of its Subsidiaries, (m) entering into, making payments pursuant to and otherwise performing an indemnification and contribution agreement in favor of
any Person and each Person who is or becomes a director, officer, agent or employee of the Company or any of its Subsidiaries, in respect of liabilities (i) arising under the Securities Act, the Exchange Act and any other applicable securities
laws or otherwise, in connection with any offering of securities by the Company, (ii) incurred to third parties for any action or failure to act of the Company or any of its Subsidiaries, predecessors or successors, (iii) arising out of
the fact that any indemnitee was or is a director, officer, agent or employee of the Company or any of its Subsidiaries, or is or was serving at the request of any such corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or enterprise or (iv) to the fullest extent permitted by Delaware or other applicable state law, arising out of any breach or alleged breach by such indemnitee of his or her fiduciary duty as a director or
officer of the Company or any of its Subsidiaries and (n) any transaction to effect and/or in furtherance of the Reorganization. 

  
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 For purposes of this Section 7.10, any transaction with any Affiliate shall be deemed
to have satisfied the standard set forth in the first sentence hereof if such transaction shall be approved (in form and substance reasonably satisfactory to the Administrative Agent) by a nationally recognized expert with expertise in appraising
the terms and conditions of the type of transaction for which approval is required (for the avoidance of doubt, however, no such approval shall be required). 

Section 7.11.    Conduct of Business. From and after the RestatementSecond Amendment
Effective Date, no Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any business other than (a) the businesses engaged in by such Loan Party on the RestatementSecond Amendment
Effective Date including, without limitation, any medical, pharmaceutical, diagnostic, medical device, medical technology, medical aesthetics or other health or well-being oriented business and
any businesses similar, related, ancillary or incidental thereto or a reasonable extension, development or expansion thereof; (b) any other business acquired in connection with a Permitted Acquisition (or any other acquisition permitted
hereunder) and any businesses similar, related, ancillary or incidental thereto, or that is an adjunct thereto (provided that the Administrative Agent consents to such adjunct if material), or a reasonable extension, development or expansion
thereof, and (c) such other lines of business as may be consented to by the Required Lenders. 

Section 7.12.    Amendments or Waivers of Organizational Documents. No Loan Party shall, nor shall it permit
any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its Organizational Documents if such amendment, restatement, supplement, modification or waiver would have a Material
Adverse Effect on the rights or remedies of the Lenders under the Loan Documents or with respect to the Loan Parties, without in each case obtaining the prior written consent of the Required Lenders to such amendment, restatement, supplement or
other modification or waiver. 
 Section 7.13.    Amendments or Waivers with Respect to Junior Financing.
Except in connection with a Permitted Refinancing thereof, no Loan Party shall, nor shall it permit any of its Subsidiaries to, amend or otherwise change the terms of any Junior Financing, or make any payment consistent with an amendment thereof or
change thereto, if the effect of such amendment or change is to change (to earlier dates) any dates upon which payments of principal or interest are due thereon, change any event of default or condition to an event of default with respect thereto
(other than to eliminate any such event of default or increase any grace period related thereto or otherwise make such event of default more favorable to the Loan Party), change the redemption, prepayment or defeasance provisions thereof, change the
subordination provisions of such Junior Financing (or of any guaranty thereof), if the effect of such amendment or change, together with all other amendments or changes made, is to increase materially the obligations of the obligor thereunder or to
confer any additional rights on the holders of such Junior Financing (or a trustee or other representative on their behalf) which would be materially adverse to any Loan Party or Lenders. 

Section 7.14.    Fiscal Year. The Company shall not change its Fiscal Year end for SEC reporting purposes from
the last Saturday in September. 
 Section 7.15.    Massachusetts Securities Corporation. Notwithstanding
any other provision of this Article 7, (a) no Loan Party shall permit any Subsidiary that is a Massachusetts securities corporation to create, incur, assume or suffer to exist any Liens or any Indebtedness, Dispose of any assets (other than
(i) in compliance with Section 7.08(a)(ii) or (ii) Dispositions to a U.S. Loan Party or in connection with the sale and purchase of Investments), make any 

  
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Investments or engage in any other business operations, other than Investments permitted by Section 7.06(a), in each case in accordance with Massachusetts General Laws Chapter 63, § 38B
and, in addition, (b) no Loan Party shall permit any Subsidiary that is a Massachusetts securities corporation to engage in any business other than (i) investing in assets and securities of all kinds, including but not limited to debt
securities and securities sold in transactions originated by it or its manager and (ii) other activities required by law to maintain tax advantaged status under Massachusetts General Laws Chapter 63, § 38B. 

Section 7.16.    Sanctions and Anti-Corruption: Use of Proceeds. 

(a)    No part of the proceeds of the Loans or Letters of Credit will be used, directly or indirectly, for any payments to
any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in
violation of the FCPA or any other applicable anti-corruption Law. 
 (b)    The Borrowers will not, directly or
indirectly, use the proceeds of the Loans or Letters of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other Person, (i) to fund any activities or business of or with any
Person, or in any country or territory, that, at the time of such funding, is, or whose government is, the subject of Sanctions, or (ii) in any other manner that would result in a violation of Sanctions by any Person (including any Person
participating in the Loan or Letter of Credit, whether as lender, underwriter, advisor, investor or otherwise). 
 ARTICLE 8 

EVENTS OF DEFAULT 

Section 8.01.    Events of Default. Any of the following shall constitute an Event of Default: 

(a)    Failure to Make Payments When Due. Failure by any Borrower to pay (i) when due any Installment or
payment of principal of any Loan, whether at stated maturity, by acceleration, by notice of voluntary prepayment, by mandatory prepayment or otherwise; (ii) when due any amount payable to the L/C Issuer in reimbursement of any drawing under a
Letter of Credit or any Cash Collateralization required pursuant to Section 2.18; or (iii) any interest on any Loan or any fee or any other amount due hereunder within five (5) Business Days after the date due; or 

(b)    Default in Other Agreements. (i) Except for the failure to fund the disputed portion of a payment in
connection with an earn-out that is the subject of a good faith dispute and for which adequate reserve or other appropriate provision shall have been made in accordance with GAAP, failure of any of the Loan
Parties or any of their respective Subsidiaries to pay when due any principal of or interest on or any other amount, including any payment in settlement, payable in respect of one or more items of Indebtedness (other than Indebtedness referred to in
Section 7.01(a)) individually or in the aggregate in a principal amount (or Net Mark-to-Market Exposure) of $100,000,000 
or150,000,000 or
 more, in each case beyond the grace period, if any, provided therefor; or (ii) breach or default by any Loan Party with respect to any other material term of (A) one or more items of
Indebtedness in the individual or aggregate principal amounts (or Net Mark-to-Market Exposure) referred to in clause (i) above or (B) any loan agreement,
mortgage, indenture or other agreement relating to such item(s) of Indebtedness, in each case beyond the grace period, if any, provided therefor, if the effect of such breach or default is to 

  
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cause, or to permit the holder or holders of that Indebtedness (or a trustee on behalf of such holder or holders), to cause, that Indebtedness to become or be declared due and payable (or subject
to a compulsory repurchase or redeemable) prior to its stated maturity or the stated maturity of any underlying obligation, as the case may be; or 

(c)    Breach of Certain Covenants. Failure of any Loan Party to perform or comply with any term or condition
contained in Section 6.01(e), 6.02, 6.14 6.15 or Article 7; or 
 (d)    Breach of Representations, Etc. Any
representation, warranty, certification or other statement made or deemed made by any Loan Party in any Loan Document or in any statement or certificate at any time given by any Loan Party or any of its Subsidiaries in writing pursuant hereto or
thereto or in connection herewith or therewith shall be false in any material respect as of the date made or deemed made; or 

(e)    Other Defaults Under Loan Documents. Any Loan Party shall default in the performance of or compliance with
any term contained herein or in any of the other Loan Documents, other than any such term referred to in any other paragraph of this Section 8.01, and such default shall not have been remedied or waived within thirty (30) days after the
earlier of (i) a Responsible Officer of such Loan Party becoming aware of such default or (ii) receipt by the Company of notice from the Administrative Agent or any Lender of such default; or 

(f)    Involuntary Bankruptcy; Appointment of Receiver, Etc. (i) A court of competent jurisdiction shall enter
a decree or order for relief in respect of the Company or any of its Subsidiaries (other than any Immaterial Subsidiary) in an involuntary case under any Debtor Relief Laws now or hereafter in effect, which decree or order is not stayed; or any
other similar relief shall be granted under any applicable federal or state law or applicable foreign law; or (ii) an involuntary case shall be commenced against the Company or any of its Subsidiaries (other than any Immaterial Subsidiary)
under any Debtor Relief Laws now or hereafter in effect; or a decree or order of a court having jurisdiction in the premises for the appointment of a receiver, interim receiver, liquidator, sequestrator, trustee, custodian, receiver and manager,
administrator, administrative receiver, insolvency practitioner or other officer having similar powers over the Company or any of its Subsidiaries (other than any Immaterial Subsidiary), or over all or a substantial part of its property, shall have
been entered; or there shall have occurred the involuntary appointment of a receiver, interim receiver, liquidator, receiver and manager, administrator, administrative receiver, insolvency practitioner, trustee or other custodian of the Company or
any of its Subsidiaries (other than any Immaterial Subsidiary) for all or a substantial part of its property; or a warrant of attachment, execution or similar process shall have been issued against any substantial part of the property of the Company
or any of its Subsidiaries (other than any Immaterial Subsidiary), and any such event described in this clause (ii) shall continue for sixty days without having been dismissed, bonded or discharged; or 

(g)    Voluntary Bankruptcy; Appointment of Receiver, Etc. (i) The Company or any of its Subsidiaries (other
than any Immaterial Subsidiary) shall have an order for relief entered with respect to it or shall commence a voluntary case under any Debtor Relief Laws now or hereafter in effect, or shall consent to the entry of an order for relief in an
involuntary case, or to the conversion of an involuntary case to a voluntary case, under any such law, or shall consent to the appointment of or taking possession by a receiver, interim receiver, liquidator, receiver and manager, administrator,
administrative receiver, insolvency practitioner, trustee or other custodian for all or a substantial part of its property; or the Company or any such Subsidiaries (other than any Immaterial Subsidiary) shall make any assignment for the benefit of
creditors; or (ii) the Company or any of its Subsidiaries (other than any Immaterial Subsidiary) shall be 

  
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unable, or shall fail generally, or shall admit in writing its general inability, to pay its debts as such debts become due; or the Board of Directors (or similar governing body) of the Company
or any such Subsidiaries (other than any Immaterial Subsidiary) (or any committee thereof) shall adopt any resolution or otherwise authorize any action to approve any of the actions referred to herein or in Section 8.01(f); or 

(h)    Judgments and Attachments. Any money judgment, writ or warrant of attachment or similar process involving in
any individual case or in the aggregate in an amount in excess of
$100,000,000150,000,000
 (in either case to the extent not adequately covered by insurance as to which a solvent and unaffiliated insurance company has acknowledged coverage) shall be entered or filed against the Company
or any of its Subsidiaries or any of their respective assets and shall remain undischarged, unvacated, unbonded or unstayed for a period of sixty (60) days (or in any event later than five (5) days prior to the date of any proposed sale
thereunder); or 
 (i)    Dissolution. Any order, judgment or decree shall be entered against any Loan
Party decreeing the dissolution or split up of such Loan Party and such order shall remain undischarged or unstayed for a period in excess of thirty (30) days; or 

(j)    Employee Benefit Plans. (i) There shall occur one or more ERISA Events which individually or in the
aggregate results in or would reasonably be expected to result in a Material Adverse Effect; or (ii) there exists any fact or circumstance that reasonably could be expected to result in the imposition of a Lien or security interest pursuant to
Section 430(k) of the Code or ERISA or a violation of Section 436 of the Code; or 
 (k)    Change of
Control. There occurs any Change of Control; or 
 (l)    Guaranties, Collateral Documents and other Loan
Documents. At any time after the execution and delivery thereof, (i) the Guaranty for any reason, other than the satisfaction in full of all Obligations, shall cease to be in full force and effect (other than in accordance with its terms)
or shall be declared to be null and void or any Guarantor shall repudiate its obligations thereunder, (ii) this Agreement or any Collateral Document ceases to be in full force and effect (other than by reason of a release of Collateral in
accordance with the terms hereof or thereof or
the, including following the occurrence of a Collateral Release Date and prior to the occurrence of a
Collateral Reinstatement Date, or the satisfaction in full of the Obligations in accordance with the terms hereof) or shall be declared null and void, or the Collateral Agent shall not have or
shall cease to have a valid and perfected Lien in any material portion of the Collateral purported to be covered by the Collateral Documents with the priority required by the relevant Collateral Document, except as otherwise provided in any
Collateral Document, in each case for any reason other than the failure of the Collateral Agent or any Secured Party to take any action within its control
(and other than by reason of a release of Collateral in accordance with the terms hereof or thereof, including
following the occurrence of a Collateral Release Date and prior to the occurrence of a Collateral Reinstatement Date) or (iii) any Loan Party shall contest the validity or enforceability of
any Loan Document in writing or deny in writing that it has any further liability, including with respect to future advances by Lenders, under any Loan Document to which it is a party or shall contest the validity or perfection of any Lien in any
Collateral purported to be granted by the Collateral Documents; or 
 (m)    Subordination Provisions. The
Company or any other Loan Party shall make any payment in violation of any subordination terms or conditions, if any, with respect to any Junior Financing; 

  
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 Section 8.02.    Remedies upon Event of Default. If any
Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions: 

(a)    declare the commitment of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit
Extensions to be terminated, whereupon such commitments and obligation shall be terminated; 
 (b)    declare the unpaid
principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other
notice of any kind, all of which are hereby expressly waived by the Borrowers; 
 (c)    require that the applicable
Borrowers Cash Collateralize the L/C Obligations (in an amount equal to the Minimum Collateral Amount with respect thereto); and 

(d)    exercise on behalf of itself, the Lenders and the L/C Issuer all rights and remedies available to it, the Lenders
and the L/C Issuer under the Loan Documents; 
 provided, however, that upon the occurrence of an Event of Default pursuant to
Section 8.01(f) or 8.01(g), the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and
other amounts as aforesaid shall automatically become due and payable, and the obligation of the Borrowers to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the
Administrative Agent or any Lender. 
 Section 8.03.    Application of Funds. Subject to Section 2.20,
after the exercise of remedies provided for in Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso
to Section 8.02), any amounts received on account of the Obligations shall, subject to the provisions of Sections 2.17 and 2.18, be applied by the Administrative Agent in the following order: 

First, to payment of that portion of the Loan Document Obligations constituting fees, indemnities, expenses and other amounts
(including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article 3) payable to the Administrative Agent in its capacity as such; 

Second, to payment of that portion of the Loan Document Obligations constituting fees, indemnities and other amounts (other than
principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer) arising under the Loan Documents and amounts payable under
Article 3, ratably among them in proportion to the respective amounts described in this clause Second payable to them; 
 Third, to
payment of that portion of the Loan Document Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, L/C Borrowings and other Obligations arising under the Loan Documents, ratably among the Lenders and the L/C
Issuer in proportion to the respective amounts described in this clause Third held by them; 

  
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 Fourth, to payment of that portion of the Obligations constituting (i) unpaid
principal of the Loans and L/C Borrowings and (ii) Hedge Obligations and Cash Management Obligations then owing under Hedge Agreements and Cash Management Agreements, ratably among the Lenders, the L/C Issuer, the Lender Counterparties and the
Cash Management Providers in proportion to the respective amounts described in this clause Fourth held by them; 
 Fifth, to the
Administrative Agent for the account of the L/C Issuer, to Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit to the extent not otherwise Cash Collateralized by the Borrowers pursuant to
Sections 2.03 and 2.17; and 
 Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the
Borrowers or as otherwise required by Law. 
 Subject to Sections 2.03(c), 2.17 and 2.20, amounts used to Cash Collateralize the aggregate undrawn amount of
Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or
expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 
 ARTICLE 9 

ADMINISTRATIVE AGENT 

Section 9.01.    Appointment and Authority. 

(a)    Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the
Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto. Except with respect to provisions in this Article referencing notices to, consents of, and consultations with any Loan Party, the provisions of this Article are solely for
the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and neither the Company nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term
“agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any
applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. 

(b)    The Administrative Agent shall also act as the “collateral agent” under the Loan Documents, and
each of the Lenders (including in its capacities as a potential Lender Counterparty and a potential Cash Management Provider) and the L/C Issuer hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of such Lender
and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the U.S. Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental
thereto. In this connection, the Administrative Agent, as “Collateral Agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral
Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent), shall be entitled 

  
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to the benefits of all provisions of this Article 9 and Article 10 (including Section 10.04(c), as though such co-agents, sub-agents and attorneys-in-fact were the “Collateral Agent” under the Loan Documents) as if set forth in full herein with
respect thereto. 
 Section 9.02.    Rights as a Lender. The Person serving as the Administrative Agent
hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise
expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act
as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with any Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any
duty to account therefor to the Lenders. 
 Section 9.03.    Exculpatory Provisions. The Administrative
Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative
Agent: 
 (a)    shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has
occurred and is continuing; 
 (b)    shall not have any duty to take any discretionary action or exercise any
discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or
percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the
Administrative Agent to liability or that is contrary to any Loan Document or applicable law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law or that may effect a forfeiture,
modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 

(c)    shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and
shall not be liable for the failure to disclose, any information relating to any of the Borrowers or any of their respective Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates in
any capacity. 
 (d)    The Administrative Agent shall not be liable for any action taken or not taken by it
(i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as
provided in Section 8.02) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and nonappealable judgment. The Administrative Agent shall be deemed not to have
knowledge of any Default unless and until notice describing such Default is given in writing to the Administrative Agent by the Company, a Lender or the L/C Issuer. 

(e)    The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any
statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other 

  
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document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set
forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or
priority of any Lien purported to be created by the Collateral Documents, (v) the value or sufficiency of any Collateral or (vi) the satisfaction of any condition set forth in Article 4 or elsewhere herein, other than to confirm receipt of
items expressly required to be delivered to the Administrative Agent. 
 Section 9.04.    Reliance by
Administrative Agent. The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any
electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement
made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance,
extension, renewal or increase of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer
unless the Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may
be counsel for the Company), 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 9.05.    Delegation of Duties. The Administrative Agent may perform any and all of its duties and
exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub agents appointed by the Administrative Agent. The Administrative Agent and any such sub agent may perform any and all of its duties and
exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative
Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. The
Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent jurisdiction determines in a final and non
appealablenonappealable judgment that the
Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents. 

Section 9.06.    Resignation of Administrative Agent. 

(a)    The Administrative Agent may at any time give notice of its resignation to the Lenders, the L/C Issuer and the
Company. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with, prior to the occurrence of an Event of Default, the consent of the Company, to appoint a successor, which shall be a bank with an office in the
United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative
Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the
Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation
Effective Date. 

  
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 (b)    If the Person serving as Administrative Agent is a Defaulting
Lender pursuant to clause (d) of the definition thereof, the Required Lenders may, to the extent permitted by applicable law, by notice in writing to the Company and such Person remove such Person as Administrative Agent and, in consultation
with the Company, appoint a successor. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the
“Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective Date. 

(c)    With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) (1) the retiring
or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the Lenders or the L/C
Issuer under any of the Loan Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (2) except for any indemnity payments or
other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer
directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other than as provided in Section 3.01(g) and other than any rights to indemnity payments or other amounts owed to the
retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative Agent shall be discharged from all of its duties and obligations hereunder
or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrowers to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise
agreed between the Borrowers and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Section 10.04 shall continue in
effect for the benefit of such retiring or removed Administrative Agent, its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Administrative Agent was
acting as Administrative Agent. 
 (d)    Any resignation by Bank of America as Administrative Agent pursuant to this
Section shall also constitute its resignation as L/C Issuer and Swing Line Lender. If Bank of America resigns as an L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to
all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed
Amounts pursuant to Section 2.03(c). If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective
date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c). Upon the appointment by the Company of a successor L/C Issuer
or Swing Line Lender hereunder, and the acceptance by such successor of such appointment (which successor shall in all cases be a Lender other than a Defaulting Lender), (a) 

  
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such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing Line Lender, as applicable, (b) the retiring L/C
Issuer and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (c) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of
Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit. 

Section 9.07.    Non-Reliance on the Administrative Agent and, the Arrangers, the Senior Managing
Agents, the Managing Agents and the Other Lenders. Each Lender and the L/C Issuer expressly
acknowledges that none of the Administrative Agent, the
Arrangers, the Senior Managing Agents nor the Managing Agents have made any representation or warranty to it, and that no act by the Administrative Agent, the Arrangers, the Senior Managing Agents or the Managing Agents hereafter taken, including
any consent to, and acceptance of any assignment or review of the affairs of any Loan Party of any Affiliate thereof, shall be deemed to constitute any representation or warranty by the Administrative Agent, the Arrangers, the Senior Managing Agents
or the Managing Agents to any Lender or the L/C Issuer as to any matter, including whether the Administrative Agent, the Arrangers, the Senior Managing Agents or the Managing
Agents have disclosed material information in their (or their Related Parties’) possession. Each Lender and the L/C Issuer represents
to the Administrative Agent, the Arrangers, the Senior Managing Agents or the Managing Agents that it
has, independently and without reliance upon the Administrative
Agent or, the Arrangers, the Senior Managing Agents, the Managing Agents, 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
andof,
appraisal of, and investigation into, the business, prospects, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Subsidiaries, and all applicable bank or other regulatory Laws relating to the
transactions contemplated hereby, and made its own decision to enter into this Agreement
and to extend credit to the Borrowers hereunder. Each
Lender and the L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or, the Arrangers, the Senior Managing Agents, the Managing Agents, 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
credit analysis, appraisals and 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 or
thereunder.,
and to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of the Loan Parties. Each Lender and the L/C Issuer represents and warrants that
(i) the Loan Documents set forth the terms of a commercial lending facility and (ii) it is engaged
in making, acquiring or holding commercial loans in the ordinary course and is entering into this Agreement
as a Lender or L/C Issuer
for the purpose of
making, acquiring or holding commercial loans and providing other facilities set forth herein as may be
applicable to such Lender or L/C Issuer, and not for the purpose of purchasing, acquiring or holding any other type of financial instrument, and each Lender and the L/C Issuer agrees not to assert a claim in contravention of the foregoing. Each
Lender and the L/C Issuer represents and warrants that it is sophisticated with respect to decisions to
make, acquire and/or hold commercial loans and to provide other facilities set forth herein, as may be
applicable to such Lender or such L/C Issuer, and either it, or the Person exercising discretion in making
its decision to make, acquire and/or hold such commercial loans or to provide such other facilities, is
experienced in making, acquiring or holding such commercial loans or providing such other facilities. 

  
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 Section 9.08.    No Other Duties, Etc. Anything herein to
the contrary notwithstanding, none of the Arrangers, Co-Syndication Agents or, Co-Documentation Agents listed on the cover page
hereof, the Senior Managing Agents or the Managing Agents shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or the L/C Issuer hereunder.

 Section 9.09.    Administrative Agent May File Proofs of Claim; Credit Bidding. In case of the
pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on any Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise 

(a)    to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the
Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any claim
for the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer and the Administrative
Agent under Sections 2.03(h) and (i), 2.09 and 10.04) allowed in such judicial proceeding; and 
 (b)    to collect and
receive any monies or other property payable or deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee,
trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent
shall consent to the making of such payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its
agents and counsel, and any other amounts due the Administrative Agent under Sections 2.09 and 10.04. 
 Nothing contained herein shall be
deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Loan Document Obligations or the
rights of any Lender or the L/C Issuer to authorize the Administrative Agent to vote in respect of the claim of any Lender or the L/C Issuer in any such proceeding. 

The Secured Parties hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders, to credit bid all or any
portion of the Loan Document Obligations (including accepting some or all of the Collateral in satisfaction of some or all of the Loan Document Obligations pursuant to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either
directly or through one or more acquisition vehicles) all or any portion of the Collateral (a) at any sale thereof conducted under the provisions of the Bankruptcy Code of the United States, including under Sections 363, 1123 or 1129 of the
Bankruptcy Code of the United States, or any similar Laws in any other jurisdictions to which a Loan Party is subject, (b) at any other sale or foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the
direction of) the Administrative Agent (whether by judicial action or otherwise) in accordance with any applicable Law. In connection with any such credit bid and purchase, the Loan Document Obligations owed to the Secured Parties shall be entitled
to be, and 

  
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shall be, credit bid on a ratable basis (with Loan Document Obligations with respect to contingent or unliquidated claims receiving contingent interests in the acquired assets on a ratable basis
that would vest upon the liquidation of such claims in an amount proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) in the asset or assets so purchased (or in the Equity Interests or
debt instruments of the acquisition vehicle or vehicles that are used to consummate such purchase). In connection with any such bid (i) the Administrative Agent shall be authorized to form one or more acquisition vehicles to make a bid,
(ii) to adopt documents providing for the governance of the acquisition vehicle or vehicles (provided that any actions by the Administrative Agent with respect to such acquisition vehicle or vehicles, including any disposition of the assets or
Equity Interests thereof shall be governed, directly or indirectly, by the vote of the Required Lenders, irrespective of the termination of this Agreement and without giving effect to the limitations on actions by the Required Lenders contained in
clauses (a) through (i) of Section 10.01 of this Agreement, (iii) the Administrative Agent shall be authorized to assign the relevant Loan Document Obligations to any such acquisition vehicle pro rata by the Lenders, as a result of
which each of the Lenders shall be deemed to have received a pro rata portion of any Equity Interests and/or debt instruments issued by such an acquisition vehicle on account of the assignment of the Loan Document Obligations to be credit bid, all
without the need for any Secured Party or acquisition vehicle to take any further action, and (iv) to the extent that Loan Document Obligations that are assigned to an acquisition vehicle are not used to acquire Collateral for any reason (as a
result of another bid being higher or better, because the amount of Loan Document Obligations assigned to the acquisition vehicle exceeds the amount of debt credit bid by the acquisition vehicle or otherwise), such Loan Document Obligations shall
automatically be reassigned to the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition vehicle on account of the Loan Document Obligations that had been assigned to the acquisition vehicle shall automatically
be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action. 

Section 9.10.    Collateral and Guaranty Matters. Without limiting the provisions of Section 9.09, each
of the Lenders (including in its capacity as a potential Lender Counterparty and a potential Cash Management Bank, as applicable) and the L/C Issuer irrevocably authorize the Administrative Agent and Collateral Agent to, and the Administrative Agent
and Collateral Agent shall, 
 (a)    release any Lien on any property granted to or held by the Administrative Agent
and/or Collateral Agent under any Loan Document (i) upon termination of the Aggregate Commitments and payment in full of all Loan Document Obligations (other than contingent indemnification obligations as to which no claim has been made or
notice has been given and the expiration or termination of all Letters of Credit (other than Letters of Credit which have been Cash Collateralized or secured by one or more letters of credit on terms and conditions, and with one or more financial
institutions, reasonably satisfactory to the Administrative Agent and the L/C Issuer), (ii) that is sold or otherwise disposed of or to be sold or otherwise disposed of as part of or in connection with any sale or other disposition permitted
hereunder or under any other Loan Document to a person that is not a U.S. Loan Party, (iii) that constitutes “Excluded Assets” (as such term is defined in the Pledge and Security Agreement) or, (iv) if approved, authorized or ratified in accordance with
Section 10.01; provided, however, that with respect to clause (ii), the Company shall have delivered to the Administrative Agent a certificate in form and substance reasonably satisfactory to the Administrative Agent, certifying
that the transaction is permitted by this Agreement and the other Loan Documents and (v) upon
 the Collateral Release Date in the manner described in clause (f) below; 

  
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 (b)    release any Subsidiary Guarantor from its obligations under the
Guaranty (and to release any Lien on any property of such Subsidiary Guarantor granted to or held by the Administrative Agent under any Loan Document) if such Person ceases to be a Subsidiary or becomes an Excluded Subsidiary as a result of a
transaction permitted under the Loan Documents; provided, however, that the Company shall have delivered to the Administrative Agent a certificate in form and substance reasonably satisfactory to the Administrative Agent, certifying
that the transaction is permitted by this Agreement and the other Loan Documents; 
 (c)    release the U.K. Borrower
from its obligations under each Loan Document if such Person ceases to be a Borrower as provided in Section 2.14(e); 

(d)    release any Designated Borrower from its obligations under each Loan Document if such Person ceases to be a
Designated Borrower as provided in Section 2.14(d); and 
 (e)    to subordinate any Lien on any property granted
to or held by the Administrative Agent or Collateral Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.02(m). 

(f)
    notwithstanding anything herein or in any
other Loan Document to the contrary, upon the occurrence of the Collateral Release Date and written notice thereof from the Borrower
to the Collateral
Agent, the Liens of the Collateral Agent and the other Secured Parties in the Collateral shall automatically
be terminated and released without any further action by any party; provided that the guaranty of each Loan Party of the obligations pursuant to the Loan Documents shall remain in effect after such Collateral Release Date; provided,
however, such Liens shall, upon the occurrence of the Collateral Reinstatement Date and written notice thereof to the Borrower from the Collateral Agent, be automatically reinstated. Reasonably promptly on or following the Collateral Release
Date, the Administrative Agent and the Collateral Agent shall execute, deliver and file (or cause to file or permit the Borrower or its agent or designee to file), at the Borrower’s expense, all documents or other instruments that are necessary
or the Borrower shall reasonably request to evidence the termination and release of such Liens and Collateral Agent shall promptly return all Collateral in its possession to the Borrower. Reasonably promptly, and in any event within sixty
(60) days (or such longer period as may be agreed by the Collateral Agent in its sole discretion), following the Collateral Reinstatement Date, the Borrower shall execute, deliver and file (or cause to file) to the Collateral Agent, at the
Borrower’s expense, all documents or other instruments that the Administrative Agent and Collateral
Agent shall reasonably request to evidence the reinstatement of such Liens and shall deliver all Pledged
Collateral required to be delivered to the Collateral Agent pursuant to the Pledge and Security Agreement
in the Company’s possession to the Collateral
Agent. 
 Upon request by the Administrative Agent at any time, the Required
Lenders will confirm in writing the Administrative Agent’s and Collateral Agent’s authority to release or subordinate its interest in particular types or items of property, to release any Subsidiary Guarantor from its obligations under the
Guaranty pursuant to this Section 9.10, or to release the U.K. Borrower from its obligations as a Borrower pursuant Section 2.14(e) and this Section 9.10 or to release a Designated Borrower from its obligations as a Borrower pursuant
Section 2.14(d) and this Section 9.10. In each case as specified in this Section 9.10, the Administrative Agent and/or Collateral Agent (as applicable) will, at the Company’s expense, execute and deliver to the applicable Loan
Party such documents as such Loan Party may reasonably request to evidence the release of such item of Collateral from the assignment and security interest granted under the Collateral Documents or to subordinate its interest in such item, or to
release such Subsidiary Guarantor from its obligations under the Guaranty, in each case in accordance with the terms of the Loan Documents and this Section 9.10. 

  
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 The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire
into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Loan Party in
connection therewith, nor shall the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 

Section 9.11.    Secured Cash Management Agreements and Secured Hedge Agreements. Except as otherwise
expressly set forth herein or in any Collateral Document, no Cash Management Provider or Lender Counterparty that obtains the benefits of Section 8.03, the Guaranty or any Collateral by virtue of the provisions hereof or of any Collateral
Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other
than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article 9 to the contrary, the Administrative Agent shall not be required to verify the
payment of, or that other satisfactory arrangements have been made with respect to, Cash Management Obligations or Hedge Obligations unless the Administrative Agent has received written notice of such Obligations, together with such supporting
documentation as the Administrative Agent may request, from the applicable Cash Management Provider or Lender Counterparty, as the case may be. 

Section 
9.12.    Recovery of Erroneous
Payments. Without limitation of any other provision in this Agreement, if at any time the Administrative Agent makes a payment hereunder in error to any Lender Recipient Party, whether or not in respect of an Obligation due and owing by any
Borrower at such time, where such payment is a Rescindable Amount, then in any such event, each Lender Recipient Party receiving a Rescindable Amount severally agrees to repay to the Administrative Agent forthwith on demand the Rescindable Amount
received by such Lender Recipient Party in Same Day Funds in the currency so received, with interest thereon, for each day from and including the date such Rescindable Amount is received by it to but excluding the date of payment to the
Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. Each Lender Recipient Party irrevocably waives any and all
defenses, including any “discharge for value” (under which a creditor might otherwise claim a right to retain funds mistakenly paid by a third party in respect of a debt owed by another) or similar defense to its obligation to return any
Rescindable Amount. The Administrative Agent shall inform each Lender Recipient Party promptly upon determining that any payment made to such Lender Recipient Party comprised, in whole or in
part, a Rescindable Amount. 

ARTICLE 10 
 MISCELLANEOUS 

Section 10.01.    Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Loan
Document, and no consent to any departure by any Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders (or the Administrative Agent with the consent of the Required Lenders) and the applicable Loan Party or Loan
Parties signatory thereto, as the case may be, and acknowledged by the Administrative 

  
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Agent, and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that any provision of this
Agreement or any other Loan Document may be amended by an agreement in writing entered into by the Company and the Administrative Agent without the consent of any other Lender or party hereto to cure any ambiguity, omission, defect or inconsistency
so long as, in each case, the Lenders shall have received at least five Business Days’ prior written notice thereof and the Administrative Agent shall not have received, within five Business Days’ of the date of such notice to the Lenders,
a written notice from the Required Lenders stating that the Required Lenders object to such amendment; provided, further, that no amendment, waiver or consent pursuant to this Section 10.01 shall: 

(a)    waive any condition set forth in Section 4.01(a) without the written consent of each Lender; 

(b)    extend or increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to
Section 8.02) without the written consent of such Lender (it being understood that a waiver of any condition precedent or the waiver of any Default, Event of Default or (waiver or extension of a) mandatory prepayment shall not constitute an
extension or increase of any Commitment); 
 (c)    extend any scheduled maturity hereunder or postpone any date fixed
by this Agreement or any other Loan Document for any payment of principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder or under such Loan Document without the written consent of each Lender directly affected
thereby (it being understood that a waiver of any Default, Event of Default or (or waiver or extension of a) mandatory prepayment shall not constitute an extension or postponement under this clause); 

(d)    reduce the principal of, or the rate of interest specified herein on, any Loan or L/C Borrowing, or (subject to
clause (iv) of the third proviso to this Section 10.01) any fees or other amounts payable hereunder or under any other Loan Document, or change the manner of computation of any financial ratio (including any change in any applicable
defined term) used in determining the Applicable Rate that would result in a reduction of any interest rate on any Loan or any fee payable hereunder without the written consent of each Lender directly affected thereby (it being understood that a
waiver, extension or reduction of a mandatory prepayment shall not be deemed to constitute a reduction under this clause); provided, however, (i) that only the consent of the Required Lenders shall be necessary to amend the definition of
“Default Rate” or to waive any obligation of any Borrower to pay interest or Letter of Credit Fees at the Default Rate and (ii) the
LIBOR Successor Rate can be implemented in accordance with the provisions of SectionSections 3.03(c) or
(d) notwithstanding this clause (d); 
 (e)    (i) change Section 2.13 or Section 8.03 in a manner that would
alter the pro rata sharing of payments required thereby or (ii)(x) subordinate the Lien on a material portion of
the Collateral, taken as a whole, securing the Obligations to the Lien securing any other Indebtedness,
without the written consent of each Lender; directly affected thereby (provided that no such Lender’s consent shall be required pursuant to this clause (x) if
such Lender is offered a reasonable, bona fide opportunity to participate on a pro rata basis in any priming indebtedness (including any fees payable in connection therewith) permitted to be issued as a result of such
waiver, amendment or modification) or (y) subordinate the Obligations (or any Class thereof) in right of payment to any other Indebtedness, without the written consent of each Lender directly affected thereby (provided that no such
Lender’s consent shall be required pursuant to this clause (y) if such Lender is offered a reasonable, bona fide opportunity to participate
on a pro rata basis
in any priming indebtedness (including any fees payable in connection therewith) permitted to be issued as a
result of such waiver, amendment or modification); 

  
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 (f)    amend Section 1.06 or the definition of “Alternative
Currency” without the written consent of each Multicurrency Revolving Credit Lender and the L/C Issuer; 

(g)    change (i) any provision of this Section 10.01 or the definition of “Required Lenders” or any
other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder (other than the definitions specified in clause (ii),
(iii) or (iv) of this Section 10.01(g)), without the written consent of each Lender, (ii) the definition of “Required Revolving Credit Lenders” without the written consent of each Revolving Credit Lender, (iii) the
definition of “Required Multicurrency Revolving Credit Lenders” without the written consent of each Multicurrency Revolving Credit Lender or (iv) the definition of “Required USD Revolving Credit Lenders” without the written
consent of each USD Revolving Credit Lender; 
 (h)    release the Company or any material Subsidiary Guarantor from the
Guaranty without the written consent of each Lender, except, with respect to any Subsidiary Guarantor, to the extent the release of such Subsidiary Guarantor is permitted pursuant to Section 9.10 (in which case such release may be made by the
Administrative Agent acting alone); 
 (i)    release all or substantially all of the Collateral in any transaction or
series of related transactions, without the written consent of each Lender (other than in connection with a Collateral
Release Date); or 
 (j)    other than in connection with
the making of the initial Credit Extension on the Closing Date, waive any Default or Event of Default for purposes of Section 4.02 or amend or waive the provisions of Section 4.02, in each case with respect to Revolving Credit Loans
without the consent of the Required Multicurrency Revolving Credit Lenders or Required USD Revolving Credit Lenders, as applicable; 
 and, provided
further, that (i) no amendment, waiver or consent shall, unless in writing and signed by the L/C Issuer in addition to the Lenders required above, affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document
relating to any Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing
Line Lender under this Agreement; (iii) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under
this Agreement or any other Loan Document; (iv) the Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto and (v) no such amendment, waiver or consent shall (x) solely
affect the Lenders holding Loans of a particular Facility or tranche (the “Affected Tranche”) or (y) adversely affect the Lenders holding Loans of the Affected Tranche in a disproportionate manner relative to the Lenders
holding Loans in any other tranche, in each case without the consent of Lenders holding more than 50% of the aggregate outstanding principal amount of all Loans (and unutilized Commitments, if any) of the Affected Tranche. Notwithstanding anything
to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected
Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the

  
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consent of such Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lender
disproportionately adversely relative to other affected Lenders shall require the consent of such Defaulting Lender. 
 If any Lender is a Non-Consenting Lender, the Company may replace such non-consenting Lender in accordance with Section 10.13; provided that such amendment, waiver, consent or
release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Company to be made pursuant to this paragraph). 

Section 10.02.    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 subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent
by facsimile or electronic email as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

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

(ii)    if to any other Lender, to the address, facsimile number, electronic mail address or telephone
number specified in its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices that may contain material non-public information relating to any Loan Party). 
 Notices and other communications sent by hand or overnight courier
service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices and other communications sent by facsimile shall be deemed to have been given when sent (except that, if not given during normal business
hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices and other communications delivered through electronic communications to the extent provided in subsection
(b) below, shall be effective as provided in such subsection (b). 
 (b)    Electronic Communications.
Notices and other communications to the Agents, Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e mail, FpML messaging, and Internet or intranet websites) pursuant to procedures approved by
the Administrative Agent, provided that the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article 2 if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable
of receiving notices under such Article by electronic communication. The Administrative Agent, the Swing Line Lender, the L/C Issuer or any Loan Party may each, in its discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications; provided that notwithstanding anything contained herein to the contrary,
neither the Administrative Agent, the L/C Issuer nor any Lender is under any obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the 

  
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Administrative Agent, the L/C Issuer or such Lender pursuant to procedures approved by it; provided further that without limiting the foregoing, upon the request of any party, any
electronic signature shall be promptly followed by a manually executed counterpart. 
 Unless the Administrative Agent otherwise prescribes,
(i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return
receipt requested” function, as available, return e-mail or other written acknowledgement), and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon
the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website
address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other communication is not sent during the normal business hours of the recipient, such notice, email or communication shall be deemed to have been
sent at the opening of business on the next business day for the recipient. 
 (c)    The Platform. THE PLATFORM
IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMPANY MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR
OMISSIONS FROM THE COMPANY MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS
OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE COMPANY MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent
Parties”) have any liability to any Loan Party, any Lender, the L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Loan Party’s or
the Administrative Agent’s transmission of Company Materials or notices through the Platform, any other electronic platform or electronic messaging service, or through the Internet. 

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

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

Section 10.03.    No Waiver; Cumulative Remedies; Enforcement. No failure by any Lender, the L/C Issuer or the
Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any
right, remedy, power or privilege hereunder or under any other Loan Document preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided,
and provided under each other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. 

Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies
hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the
Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own behalf the
rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the L/C Issuer or the Swing Line Lender from exercising the rights and remedies that inure to its
benefit (solely in its capacity as L/C Issuer or Swing Line Lender, as the case may be) hereunder and under the other Loan Documents, (c) subject to Section 2.20, any Lender from exercising setoff rights in accordance with
Section 10.08 (subject to the terms of Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any Debtor
Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then the Required Lenders shall have the rights otherwise ascribed to the Administrative Agent
pursuant to Section 8.02. 
 Section 10.04.    Expenses; Indemnity; Damage Waiver. 

(a)    Costs and Expenses. The Company shall pay (i) all reasonable and documented or invoiced out of pocket
expenses incurred by the Administrative Agent, the Arrangers and their respective Affiliates (including, but not limited to, (a) the reasonable fees, disbursements and other charges of counsel which shall be limited to the reasonable and
documented or invoiced out-of-pocket fees, disbursements and other charges of a single counsel, as counsel to the Arrangers and, the Administrative Agent, and if
necessary, of one regulatory and one local counsel retained by the Arrangers or the Administrative Agent in each relevant regulatory field and each relevant jurisdiction, respectively, and (b) the reasonable and documented or invoiced out-of-pocket due diligence expenses), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and
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Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be
consummated), (ii) all reasonable and documented or invoiced out of pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and
(iii) all out of pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including, but not limited to, the reasonable fees, disbursements and other charges of counsel which shall be limited to the reasonable and
documented or invoiced out-of-pocket fees, disbursements and other charges of (x) a single counsel, as counsel to the Administrative Agent, the Lenders and the L/C
Issuer, (y) if necessary, of one regulatory and one local counsel to the Administrative Agent, the Lenders and the L/C Issuer retained by the Administrative Agent in each relevant regulatory field and each relevant jurisdiction, respectively
and (z) in the case of any actual or reasonably perceived conflict of interest, one additional legal counsel for all similarly situated Persons in each applicable jurisdiction), in connection with the enforcement or protection of its rights
(A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out of pocket expenses incurred
during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 

(b)    Indemnification by the Company. 

(i)    The Company shall indemnify the Administrative Agent (and any
sub-agent thereof), each Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee
harmless from, any and all losses, claims (including Environmental Claims), damages, liabilities, penalties and related expenses (including, without limitation, the reasonable and documented fees, disbursements and other charges of counsel (but
limited, in the case of legal fees and expenses, to the reasonable and documented or invoiced out-of-pocket fees and expenses (x) of one counsel, representing all
of the Indemnitees, taken as a whole, (y) if necessary, of one regulatory and one local counsel of the Indemnitees, taken as a whole, in each relevant regulatory field and each relevant jurisdiction and (z) in the case of any actual or
reasonably perceived conflict of interest, one additional legal counsel for all similarly situated Indemnitees in each applicable jurisdiction)), incurred by or asserted or awarded against any Indemnitee by any Person (including the Company or any
other Loan Party), 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) (A) the
execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder, the consummation of the
transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and the other Loan
Documents (including in respect of any matters addressed in Section 3.01), (B) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a demand for payment under a
Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (C) any Environmental Claim, Environmental Law, Hazardous Material or any Hazardous Material Activity
relating to or arising from, directly or indirectly, any Loan Party, any of its Subsidiaries or any of their respective predecessors or any past or present activity, operation, property or practice of any Loan Party, any of its Subsidiaries or any
of their 

  
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respective predecessors, or (D) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other
theory, whether brought by a third party or by the Company or any other Loan Party, and regardless of whether any Indemnitee is a party thereto, in all cases, whether or not caused by or arising, in whole or in part, out of the comparative,
contributory or sole negligence of the Indemnitee; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities, penalties or related expenses are determined by a
court of competent jurisdiction by final and nonappealable judgment to have resulted from (x) such Indemnitee’s gross negligence, bad faith or willful misconduct, (y) such Indemnitee’s material breach of its obligations hereunder
or under any other Loan Document or (z) disputes solely among Indemnitees (other than (x) claims arising from or in connection with any act or omission by the Company or any of its Affiliates and (y) claims against any Lender, any
Arranger or the Administrative Agent, in each case in its capacity as such). Without limiting the provisions of Section 3.01(c), this Section 10.04(b) shall not apply with respect to Taxes other than any Taxes that represent losses,
claims, damages, etc. arising from any non-Tax claim. 

(ii)    The Company shall not be liable for (x) any indirect, special, punitive, or consequential
damages in connection with the Senior Secured Credit Facilities; provided that nothing contained in this clause (x) shall limit the Company’s indemnification and reimbursement obligations to the extent expressly set forth herein and
(y) any settlement of any proceeding effected without its prior written consent (which consent shall not be unreasonably withheld or delayed), but if settled with the Company’s written consent, or if there is a final judgment against an
Indemnitee in any such proceeding, the Company agrees to indemnify and hold harmless each Indemnitee to the extent and in the manner set forth in this Section 10.04. Notwithstanding any other provisions set forth herein, if any Indemnitee is
entitled to indemnification under Section 10.04(b)(i) with respect to any action or proceeding brought by a third party that is also brought against the Company, the Company shall be entitled to assume the defense of any such action or
proceeding with counsel reasonably satisfactory to the Indemnitee. Upon assumption by the Company of the defense of any such action or proceeding, the Indemnitee shall have the right to participate in such action or proceeding and to retain its own
counsel but the Company shall not be liable for any legal expenses of other counsel subsequently incurred by such Indemnitee in connection with the defense thereof unless (i) the Company has agreed to pay such fees and expenses, (ii) the
Company shall have failed to employ counsel reasonably satisfactory to the Indemnitee in a timely manner or (iii) the Indemnitee shall have been advised by counsel that there are actual or potential conflicting interests between the Company and
the Indemnitee, including situations in which there are one or more legal defenses available to the Indemnitee that are different from or additional to those available to the Company. The Company shall not consent to the terms of any compromise or
settlement of any action defended by the Company in accordance with the foregoing without the prior written consent of the Indemnitee, which shall not be unreasonably withheld or delayed. 

(c)    Reimbursement by Lenders. To the extent that the Company for any reason fails to indefeasibly pay any amount
required under subsection (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof), the L/C Issuer, the Swing Line Lender or any Related Party of any of the
foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer, the Swing Line Lender or such Related Party, as the case may be, such Lender’s pro rata
share (determined as of the time that the 

  
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applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time) of such unpaid amount (including any such unpaid amount
in respect of a claim asserted by such Lender), such payment to be made severally among them based on such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought),
provided further that (x) the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), the L/C Issuer or the Swing Line Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such
sub-agent), the L/C Issuer or the Swing Line Lender in connection with such capacity, (y) only the Revolving Credit Lenders shall be required to pay any amount required to be paid to the L/C Issuer
pursuant to this subsection (c) and (z) only the USD Revolving Credit Lenders shall be required to pay any amount required to be paid to the Swing Line Lender pursuant to this subsection (c). The obligations of the Lenders under this subsection
(c) are subject to the provisions of Section 2.12(d). 
 (d)    Waiver of Consequential Damages, Etc.
To the fullest extent permitted by applicable law, none of the parties hereto shall assert, and each party hereto hereby waives, and acknowledges that no other Person shall have, any claim against any other party hereto, on any theory of liability,
for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the
transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof; provided that nothing contained in this sentence shall limit the Company’s indemnification and reimbursement obligations to the extent
expressly set forth in Section 10.04(a) and 10.04(b). No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such
unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby, other than
for direct or actual damages resulting from the gross negligence, bad faith or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

(e)    Payments. All amounts due under this Section 10.04 shall be payable not later than thirty
(30) Business Days after demand therefor. 
 (f)    Survival. The agreements in this Section and the
indemnity provisions of Section 10.02(e) shall survive the resignation of the Administrative Agent, the L/C Issuer and the Swing Line Lender, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment,
satisfaction or discharge of all the other Loan Document Obligations. 
 Section 10.05.    Payments Set
Aside. To the extent that any payment by or on behalf of any Loan Party is made to the Administrative Agent, the L/C Issuer or any Lender, or the Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment
or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such
Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally
intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred, and (b) each Lender and the L/C Issuer 

  
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severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest
thereon from the date of such demand to the date such payment is made at a rate per annum equal to the applicable Overnight Rate from time to time in effect, in the applicable currency of such recovery or payment. The obligations of the Lenders and
the L/C Issuer under clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement. 

Section 10.06.    Successors and Assigns. 

(a)    Successors and Assigns Generally. The provisions of this Agreement and the other Loan Documents shall be
binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that neither the Company nor any other Loan Party may assign or otherwise transfer any of its rights or
obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance
with the provisions of Section 10.06(b), (ii) by way of participation in accordance with the provisions of Section 10.06(d) or (iii) by way of pledge or assignment of a security interest subject to the restrictions of
Section 10.06(e). 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
Section 10.06(d) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b)    Assignments by Lenders. Any Lender may at any time assign to one or more assignees (other than a
Disqualified Institution unless the Company consents to such assignment in its sole and absolute discretion, in which case such entity will not be considered a Disqualified Institution for purposes of such assignment) all or a portion of its rights
and obligations under this Agreement and the other Loan Documents (including all or a portion of its Commitment(s) and the Loans (including for purposes of this subsection (b), participations in L/C Obligations and in Swing Line Loans) at the time
owing to it); provided that (in each case with respect to any Facility) any such assignment shall be subject to the following conditions: 

(i)    Minimum Amounts. 

(A)    in the case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment under any Facility and/or the Loans at the time owing to it (in each case with respect to any Facility) 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 subsection (b)(i)(A) of this Section, the aggregate amount of the
Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as
of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and 

  
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Assumption, as of the Trade Date, shall not be less than $5,000,000, in the case of any assignment in respect of the Revolving Credit Facility, or $1,000,000, in the case of any assignment in
respect of the Term Facility unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Company 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 Loans or the Commitment assigned, except that this clause (ii) shall not apply to the Swing Line Lender’s rights and
obligations in respect of Swing Line Loans; 
 (iii)    Required Consents. No consent shall be
required for any assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition: 

(A)    the consent of the Company (such consent not to be unreasonably withheld or delayed) shall be
required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is by a Lender to an Affiliate of such Lender or an Approved Fund (but shall, for the avoidance of doubt, be
required for an assignment by a Lender to (x) another Lender who is not an Affiliate of the assigning Lender and (y) an Approved Fund of another Lender); provided that the Company shall be deemed to have consented to any such
assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) Business Days after having received a written request for such consent; 

(B)    the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed)
shall be required for assignments in respect of (i) any unfunded Term Commitment or any Revolving Credit Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the applicable Facility, an Affiliate of
such Lender or an Approved Fund with respect to such Lender or (ii) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an Approved Fund; and 

(C)    the consent of the L/C Issuer shall be required for any assignment in respect of the Revolving
Credit Facility and the consent of the Swing Line Lender shall be required for any assignment in respect of the USD Revolving Credit Facility (in each case, such consent not to be unreasonably withheld or delayed). 

(iv)    Assignment and Assumption. The parties to each assignment shall execute and deliver to the
Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and
recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent and the Company an Administrative Questionnaire. 

(v)    No Assignment to Certain Persons. Notwithstanding any other provisions hereof, no such
assignment shall be made (A) to the Company or any of the Company’s Affiliates or Subsidiaries, (B) to any Disqualified Institution (except to the 

  
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extent expressly permitted hereunder), (C) 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 (C), or (D) to a natural Person (or to a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural Person). Notwithstanding anything to the contrary in this Agreement,
the Borrowers and the other Loan Parties and the Lenders acknowledge and agree that in no event shall the Administrative Agent be responsible or have any liability for, or have any duty to ascertain, inquire into, monitor or enforce, compliance with
the provisions hereof relating to Disqualified Institutions. Without limiting the generality of the foregoing, the Administrative Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender, participant or
prospective Lender is a Disqualified Institution or (y) have any liability with respect to or arising out of any assignment or participation of Loans or Commitments, or any disclosure of confidential information, to any Disqualified
Institution. 
 (vi)    Certain Additional Payments. In connection with any assignment of rights
and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the
Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with
the consent of the Company and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to
(x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full
pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender
hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance
occurs. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the
effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under
this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all
of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05, and 10.04 with respect to facts and
circumstances occurring prior to the effective date of such assignment; provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any
claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for
purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section. If 

  
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any such assignment occurs after the issuance of any Note to the assigning Lender, the assigning Lender shall, upon the effectiveness of such assignment or as promptly thereafter as practicable,
surrender its applicable Notes to the Administrative Agent for cancellation, and thereupon the Borrowers shall issue and deliver new Notes, if so requested by the assignee and/or assigning Lender, to such assignee and/or to such assigning Lender,
with appropriate insertions, to reflect the new Revolving Credit Commitments and/or outstanding Loans of the assignee and/or the assigning Lender. 

(c)    Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrowers (and such
agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it (or the equivalent thereof in electronic form) and a register in which it shall record the names
and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in
the Register shall be conclusive absent manifest error, and the Borrowers, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement. The Register shall be available for inspection by the Borrowers and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

(d)    Participations. 

(i)    Any Lender may at any time, without the consent of, or notice to, any Borrower, the Administrative
Agent, the L/C Issuer or the Swing Line Lender, sell participations to any Person (other than a natural Person, a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural Person, a Defaulting
Lender or the Company or any of the Company’s Affiliates or Subsidiaries and, to the extent the list thereof has been made available to all Lenders, any Disqualified Institution) (each, a “Participant”) in all or a portion of
such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided
that (ii) such Lender’s obligations under this Agreement shall remain unchanged, (iii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iv) the Borrowers, the
Administrative Agent, the Lenders and the L/C Issuer shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be
responsible for the indemnity under Section 10.04(c) without regard to the existence of any participation. 

(v)    (ii) Any agreement or instrument pursuant to which a Lender sells such a participation shall provide
that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not,
without the consent of the Participant, agree to any amendment, waiver or other modification described in Section 10.01(b), (c), (d), or (i) that affects such Participant. The Company agrees that each Participant shall be entitled to the
benefits of Sections 3.01, 3.04 and 3.05 (subject to the requirements and limitations therein, including the requirements under Section 3.01(e) (it being understood that the documentation required under Section 3.01(e) shall be delivered
to the Lender who sells the participation)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 10.06(b) to the same extent as if it were a Lender and

  
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had acquired its interest by assignment pursuant to paragraph (b) of this Section; provided that such Participant (A) agrees to be subject to the provisions of Sections 3.06 and
10.13 as if it were an assignee under Section 10.06(b) and (B) shall not be entitled to receive any greater payment under Sections 3.01 or 3.04, with respect to any participation, than the Lender from whom it acquired the applicable
participation would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a
participation agrees, at the Company’s request and expense, to use reasonable efforts to cooperate with the Company to effectuate the provisions of Section 3.06 with respect to any Participant. To the extent permitted by law, each
Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender; provided that such Participant agrees to be subject to Section 2.13 as though it were a Lender. Each Lender that sells a participation
shall, acting solely for this purpose as a non-fiduciary agent of the Company, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of
each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register
(including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such
disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries
in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding
any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(e)    Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of
its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto. 
 (f)    [Reserved.] 

(g)    Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding anything to the contrary
contained herein, if at any time Bank of America assigns all of its Revolving Credit Commitment and Revolving Credit Loans pursuant to Section 10.06(b), Bank of America may, (i) upon 30 days’ notice to the Company and the Lenders,
resign as L/C Issuer and/or (ii) upon 30 days’ notice to the Company, resign as Swing Line Lender. In the event of any such resignation as L/C Issuer or Swing Line Lender, the Company shall be entitled to appoint from among the Lenders a
successor L/C Issuer or Swing Line Lender hereunder that agrees in its sole discretion to serve as L/C Issuer or Swing Line Lender, as applicable; provided, however, that no failure by the Company to appoint any such successor shall affect
the resignation of Bank of America as L/C Issuer or Swing Line Lender, as the case may be. If Bank of America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all
Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in

  
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Unreimbursed Amounts pursuant to Section 2.03(c)). If Bank of America resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with
respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to
Section 2.04(c). Upon the appointment of a successor L/C Issuer and/or Swing Line Lender, and the acceptance by such successor of such appointment, (A) such successor shall succeed to and become vested with all of the rights, powers,
privileges and duties of the retiring L/C Issuer or Swing Line Lender, as the case may be, and (B) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such
succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit. 

Section 10.07.    Treatment of Certain Information; Confidentiality. Each of the Administrative Agent, the
Lenders and the L/C Issuer agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its Related Parties who need to know such information (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information); provided that each of the Administrative Agent, the Lenders and the L/C Issuer shall be responsible for their
Related Parties’ compliance with this Section 10.07 to the extent that any such Person is not otherwise bound in writing by the terms of this Section 10.07 or language substantially similar to this Section 10.07, (b) to the
extent required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) pursuant to
the order of any court or administrative agency or in any pending legal or administrative proceeding, or otherwise to the extent required by applicable laws or compulsory legal process (in which case the disclosing Person agrees to inform the
Company promptly thereof prior to such disclosure to the extent not prohibited by law, rule or regulation), (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any
action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement to be bound by the terms of this Section 10.07 (or language substantially similar
to this paragraph or as otherwise reasonably acceptable to the Company, the Lenders and the Administrative Agent, including as may be agreed in any confidential information memorandum or other marketing material), to (i) any assignee of or
Participant in, or any prospective assignee of or Participant in (but not a Disqualified Institution), any of its rights and obligations under this Agreement or any Eligible Assignee invited to be an Additional Lender pursuant to Section 2.19
or (ii) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made by reference to any of the Borrowers and their obligations, this Agreement or payments hereunder
(provided that, such assignees (or prospective assignees), transferees, Participants (or prospective participants), Eligible Assignees and counterparties or prospective counterparties (and their respective Related Parties) are advised of and agree
to be bound by either the provisions of this Section 10.07 or other provisions at least as restrictive as this Section 10.07)), (g) to the extent such Information (x) becomes publicly available other than as a result of a breach of
this Section 10.07, (y) becomes available to the Administrative Agent, any Lender, the L/C Issuer or any of their respective Affiliates from a source other than the Company that is not, to the Administrative Agent’s knowledge, subject to
confidentiality obligations to the Company or (z) is independently developed, (h) for purposes of establishing a “due diligence” defense or
(i) with the written consent of the Company,
(j) to
 the CUSIP Service Bureau or any similar organization or (k) any nationally recognized rating agency. In addition, each Agent
and each Lender may disclose the existence of this Agreement and the 

  
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information about this Agreement to market data collectors, similar services providers to the lending industry, and service providers to the Agents and the Lenders in connection with the
administration and management of this Agreement and the other Loan Documents. 
 For purposes of this Section,
“Information” means all information received from the Company or any Subsidiary relating to the Company or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative
Agent, any Lender or the L/C Issuer on a nonconfidential basis prior to disclosure by the Company or any Subsidiary, provided that, in the case of information received from the Company or any Subsidiary after the Closing Date, such
information is clearly identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such
Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a) the Information may include material non-public information concerning the Company or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public
information and (c) it will handle such material non-public information in accordance with applicable Law, including United States Federal and state securities Laws. 

Section 10.08.    Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender,
the L/C Issuer and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand,
provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the credit or the account of any Loan Party against any and
all of the obligations of such Loan Party now or hereafter existing under this Agreement or any other Loan Document to such Lender or the L/C Issuer or their respective Affiliates, irrespective of whether or not such Lender, L/C Issuer or Affiliate
shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Company or such Loan Party may be contingent or unmatured or are owed to a branch, office or Affiliate of such Lender or the L/C Issuer
different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness; provided, that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be
paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.18 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust
for the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting
Lender as to which it exercised such right of setoff. The rights of each Lender, the L/C Issuer and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the
L/C Issuer or their respective Affiliates may have, but in all respects are subject to Section 2.20. Each Lender and the L/C Issuer agrees to notify the Company and the Administrative Agent promptly after any such setoff and application,
provided that the failure to give such notice shall not affect the validity of such setoff and application. This Section 10.08 shall be subject in all respects to Section 2.20. 

Section 10.09.    Interest Rate Limitation. Notwithstanding anything to the contrary contained in any Loan
Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable 

  
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Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the
principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrowers. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to
the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate,
allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

Section 10.10.    Counterparts; Integration; 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. This Agreement and the other Loan Documents, and any separate letter
agreements with respect to fees payable to the Administrative Agent, the Arrangers or the L/C Issuer, constitute the entire contract among the parties relating to the subject matter hereof and thereof and supersede any and all previous agreements
(including, without limitation, any commitment letter(s) (other than the provisions thereof that expressly survive the execution of this Agreement)) and understandings, oral or written, relating to the subject matter hereof and thereof. Except as
provided in Section 4.01 and 4.03, as applicable, this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken
together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic imaging means (e.g. “pdf” or “tif”) shall be effective
as delivery of a manually executed counterpart of this Agreement. 
 Section 10.11.    Survival of
Representations and Warranties. All representations and warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and
delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and each Lender, regardless of any investigation made by the Administrative Agent or any Lender or on their behalf and
notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall
remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 

Section 10.12.    Severability. If any provision of this Agreement or the other Loan Documents is held to be
illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in
good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which 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 10.12, if and to the extent that the enforceability of any
provisions in this Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, the L/C Issuer or the Swing Line Lender, as applicable, then such provisions shall be deemed
to be in effect only to the extent not so limited. 

  
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 Section 10.13.    Replacement of Lenders. If (x) the
Borrowers are entitled to replace a Lender pursuant to the provisions of Section 3.06, (y) any Lender is a Defaulting Lender or a Non-Consenting Lender or (z) any Lender is prohibited under
applicable Law or shall not be licensed to make Loans or otherwise extend credit to an Applicant Borrower as provided in Section 2.14(a) (provided that such Applicant Borrower is otherwise approved by the Required Revolving Credit Lenders),
then the Borrowers may, at their sole expense and effort, upon notice by the Company to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions
contained in, and consents required by, Section 10.06), all of its interests, rights (other than its existing rights to payments pursuant to Sections 3.01 and 3.04) and obligations under this Agreement and the related Loan Documents to an
Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a)    the Borrowers shall have paid to the Administrative Agent the assignment fee (if any) specified in
Section 10.06(b); 
 (b)    such Lender shall have received payment of an amount equal to the outstanding principal
of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05) from the assignee (to the extent of such
outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts); 
 (c)    in
the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter;

 (d)    such assignment does not conflict with applicable Laws; and 

(e)    in the case of an assignment resulting from a Lender becoming a
Non-Consenting Lender, the applicable assignee shall have consented to the applicable amendment, waiver or consent. 

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

Section 10.14.    Governing Law; Jurisdiction; Etc.  

(a)    GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION
(WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND
THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 (b)    SUBMISSION
TO JURISDICTION. THE COMPANY AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT IT WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING OF ANY KIND OR DESCRIPTION, WHETHER IN LAW OR EQUITY, WHETHER IN CONTRACT OR IN

  
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TORT OR OTHERWISE, AGAINST THE ADMINISTRATIVE AGENT, ANY LENDER, THE L/C ISSUER, OR ANY RELATED PARTY OF THE FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE
TRANSACTIONS RELATING HERETO OR THERETO, IN ANY FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF,
AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS AND AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION, LITIGATION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE
COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION, LITIGATION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS
BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE COMPANY OR ANY OTHER LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(c)    WAIVER OF VENUE. THE COMPANY AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH
(B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

(d)    SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES
IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

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

  
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 Section 10.16.    No Advisory or Fiduciary Responsibility.
In connection with all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), the Company and each other Loan Party acknowledges and agrees,
that: (i) (A) the arranging and other services regarding this Agreement provided by the Administrative Agent, the Arrangers and the Lenders are arm’s-length commercial transactions between the
Company, each other Loan Party and their respective Affiliates, on the one hand, and the Administrative Agent, the Arrangers and the Lenders, on the other hand, (B) each of the Company and the other Loan Parties has consulted its own legal,
accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) the Company and each other Loan Party is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions
contemplated hereby and by the other Loan Documents; (ii) (A) the Administrative Agent, the Arrangers and each Lender is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been,
is not, and will not be acting as an advisor, agent or fiduciary for the Company, any other Loan Party or any of their respective Affiliates, or any other Person and (B) neither the Administrative Agent, the Arrangers nor any Lender has any
obligation to the Company, any other Loan Party or any of their respective Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (iii) the
Administrative Agent, the Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Company, the other Loan Parties and their respective Affiliates,
and neither the Administrative Agent, the Arrangers nor any Lender has any obligation to disclose any of such interests to the Company, any other Loan Party or any of their respective Affiliates. To the fullest extent permitted by law, each of the
Company and each other Loan Party hereby waives and releases any claims that it may have against the Administrative Agent, the Arrangers or any Lender with respect to any breach or alleged breach of agency or fiduciary duty in connection with any
aspect of any transaction contemplated hereby. 
 Section 10.17.    Electronic Execution of Assignments and Certain Other Documents. The words “execute,” “execution,” “signed,” “signature,” and words of like import in or related to any document to be signed in connection with this Agreement and the transactions
contemplated hereby (including without limitation Assignment and Assumptions, amendments or other modifications, Committed Loan Notices, Swing Line Loan Notices, waivers and consents) shall be deemed to include electronic signatures, the electronic
matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of
; Electronic
Records. This Agreement, any Loan Document and any other Communication, including Communications required to
be in writing, may be in the form of an Electronic Record and may be executed using Electronic Signatures. Each of the Loan Parties and each of the Administrative Agent, the L/C Issuers, the Swing line Lenders, and each Lender (collectively, each a
“Credit
 Party”)
 agrees that any Electronic Signature on or associated with any Communication shall be valid and binding on such Person to the same extent as a manual, original signature, and that any Communication entered into by Electronic Signature, will
constitute the legal, valid and binding obligation of such Person enforceable against such Person in accordance with the terms thereof to the same extent as if a manually executed original signature was delivered. Any
 Communication may be executed in as many counterparts as necessary or convenient, including both paper and electronic counterparts, but all such 

  
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counterparts are
one and the same
Communication.
 For the avoidance of doubt, the authorization under this paragraph may include, without limitation,
use or acceptance of a manually signed paper Communication which has been converted into electronic form (such as scanned into PDF format), or an electronically
signed Communication converted into another format, for transmission, delivery and/or retention. The Administrative Agent and each of the Credit Parties may, at its option, create one or more copies of any Communication in the form of an imaged
Electronic Record
(“Electronic
 Copy”),
 which shall be of
deemed created
in the ordinary course of
such
Person’s
 business, and destroy the original paper document. All Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered an original
for all purposes, and shall have the same legal effect, validity orand 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; provided that
notwithstandingpaper record. Notwithstanding
anything contained herein to the contrary, neither the
Administrative Agent, the L/C Issuers nor the Swing line Lenders is under
noany
 obligation to agree
to accept electronic
signaturesan Electronic Signature in any form or
in any format unless expressly agreed to by the Administrative
Agentsuch Person pursuant to procedures approved
by it.;
provided, further, without limiting the foregoing, (a) to the extent the Administrative Agent, any L/C Issuer
and/or Swing line Lender has agreed to accept such Electronic Signature, the Administrative Agent and each of the
Credit Parties shall be entitled to rely on any such Electronic Signature purportedly given by or on behalf
of any Loan Party and/or any Credit Party without further verification and regardless of the appearance or form of such Electronic Signature, and
(b) upon
 the request of the Administrative Agent or any Credit Party, any Communication executed using an Electronic Signature shall be promptly followed by a manually executed counterpart.  

Neither the
Administrative Agent, the L/C Issuers nor any Swing line Lender shall be responsible for or have any duty to ascertain or inquire into the sufficiency, validity, enforceability, effectiveness or genuineness of any Loan Document or any other
agreement, instrument or document (including, for the avoidance of doubt, in connection with the Administrative
Agent’s,
 any L/C
Issuer’s
 or any Swing line Lender’s reliance on any Electronic Signature transmitted by telecopy, emailed .pdf or any other electronic means). The
Administrative Agent, the L/C Issuers and the Swing line Lenders shall be entitled to rely on, and shall incur no liability under or in respect of this Agreement or any other Loan Document by acting upon, any Communication or any statement made to
it orally or by telephone and believed by it to be genuine and signed or sent or otherwise authenticated (whether or not such Person in fact meets the requirements
set forth in the
Loan Documents for being the maker thereof).  

Each of the
Loan Parties and each Credit Party hereby waives (i) any argument, defense or right to contest the legal effect, validity or enforceability of
this
Agreement or any other Loan Document based solely on the lack of paper original copies of this Agreement or such other Loan Document, and (ii) any
 claim against the Administrative Agent and each Credit Party for any liabilities arising solely from the Administrative
Agent’s
 and/or any Credit Party’s reliance on or use of Electronic Signatures, including any liabilities arising as a result of the failure of the Loan
Parties to use any available security measures in connection with the execution, delivery or transmission of any Electronic Signature. 

Section 10.18. USA PATRIOT Act. Each
Lender that is subject to the Patriot Act and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Loan 

  
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Parties that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the
“Patriot Act”), it is required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such Lender or
the Administrative Agent, as applicable, to identify such Loan Party in accordance with the Patriot Act. The Loan Parties shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information
that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act. 

Section 
10.18.    Section 10.19. Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder
or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the first currency with such other currency on
the Business Day preceding that on which final judgment is given. The obligation of each Borrower in respect of any such sum due from it to the Administrative Agent or any Lender hereunder or under the other Loan Documents shall, notwithstanding any
judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the
extent that on the Business Day following receipt by the Administrative Agent or such Lender, as the case may be, of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent or such Lender, as the case may be, may in
accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent or any Lender from any
Borrower in the Agreement Currency, such Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or such Lender, as the case may be, against such loss. If the amount of the Agreement
Currency so purchased is greater than the sum originally due to the Administrative Agent or any Lender in such currency, the Administrative Agent or such Lender, as the case may be, agrees to return the amount of any excess to such Borrower (or to
any other Person who may be entitled thereto under applicable Law). 
 Section 10.19.    Section 10.20.
Entire Agreement. This Agreement and the other Loan Documents represent the final Agreement among the parties with respect to the subject matter hereof and thereof and may not be contradicted by evidence of prior, contemporaneous
or subsequent oral agreement of the parties. There are no unwritten oral agreements among the parties. 
 Section 10.20.    Section 10.21.
Acknowledgement and Consent to Bail-In of
EEAAffected
 Financial Institutions. Solely to the extent any Lender or L/C Issuer that is an EEAAffected Financial Institution is a party to this Agreement and
notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEAAffected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEAthe applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

(a)    the application of any Write-Down and Conversion Powers by an EEAthe
applicable Resolution Authority to any such liabilities arising hereunder which may be payable to it by any
EEAAffected
 Financial Institution; and 

  
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 (b)    the effects of any
Bail-In Action on any such liability, including, if applicable: 

(i)    a reduction in full or in part or cancellation of any such liability; 

(ii)    a conversion of all, or a portion of, such liability into shares or other instruments of ownership
in such
EEAAffected
 Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in
lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or 

(iii)    the variation of the terms of such liability in connection with the exercise of the write-down and
conversion powers of any
EEAthe applicable Resolution Authority.

Section 
10.21.    Section 10.22. Cashless Rollovers. Notwithstanding anything to the contrary contained in this Agreement or in any other Loan Document, to
the extent that any Term Lender extends the maturity date of, or replaces, renews or refinances, any of its then-existing Term Loans with Refinancing Term Loans or loans incurred under a new credit facility, in each case, to the extent such
extension, replacement, renewal or refinancing is effected by means of a “cashless roll” by such Term Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Loan
Document that such payment be made “in Dollars”, “in immediately available funds”, “in Cash” or any other similar requirement. 

Section 
10.22.    Section 10.23. Amendment and Restatement; No Novation. This Agreement constitutes for all purposes an amendment and restatement of the
Original Credit Agreement. The Original Credit Agreement, as amended and restated hereby, continues in full force and effect as so amended and restated by this Agreement. Nothing contained in this Agreement or any other Loan Document shall
constitute or be construed as a novation of any of the Obligations. 
 Section 10.23.    Acknowledgement
 Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a
guarantee or otherwise, for any Swap Obligation or any other agreement or instrument that is a QFC (such support,
“QFC
 Credit
Support”,
 and each such QFC, a “Supported
QFC”),
 the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act
(together with the regulations promulgated thereunder, the “U.S. Special Resolution
Regimes”)
 in respect of such
Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan
Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York
and/or of the United States or any other state of the United States): 

In the event
a Covered Entity that is party to a Supported QFC (each, a “Covered
Party”)
 becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and
any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC
Credit Support (and any such interest, obligation and rights in  

  
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property) were governed by the laws of the United States or a
state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such
Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and
the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it
is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered
Party with respect to a Supported QFC or any QFC Credit Support. 
 ARTICLE 11

 GUARANTY 

Section 11.01.    Guaranty of the Obligations. Subject to the provisions of Section 11.02, the Guarantors
jointly and severally hereby irrevocably and unconditionally guaranty to the Administrative Agent for the ratable benefit of the Secured Parties the due and punctual payment in full of all Obligations when the same shall become due, whether at
stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a) or
other applicable Debtor Relief Laws) (collectively, the “Guaranteed Obligations”). 

Section 11.02.     Contribution by Guarantors. All Guarantors desire to allocate among themselves
(collectively, the “Contributing Guarantors”), in a fair and equitable manner, their obligations arising under this Guaranty. Accordingly, in the event any payment or distribution is made on any date by a Guarantor (a
“Funding Guarantor”) under this Guaranty such that its Aggregate Payments exceeds its Fair Share as of such date, such Funding Guarantor shall be entitled to a contribution from each of the other Contributing Guarantors in an amount
sufficient to cause each Contributing Guarantor’s Aggregate Payments to equal its Fair Share as of such date. “Fair Share” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to
(a) the ratio of (i) the Fair Share Contribution Amount with respect to such Contributing Guarantor to (ii) the aggregate of the Fair Share Contribution Amounts with respect to all Contributing Guarantors multiplied by (b) the
aggregate amount paid or distributed on or before such date by all Funding Guarantors under this Guaranty in respect of the obligations Guaranteed. “Fair Share Contribution Amount” means, with respect to a Contributing Guarantor as
of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or
conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the Fair Share Contribution Amount with respect to any Contributing
Guarantor for purposes of this Section 11.02, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder
shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount
of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 11.02), minus (2) the aggregate amount of all payments received on or
before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this 

  
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Section 11.02. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The
allocation among Contributing Guarantors of their obligations as set forth in this Section 11.02 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to
the contribution agreement set forth in this Section 11.02. 
 Section 11.03.    Payment by Guarantors.
Subject to Section 11.02, the Guarantors hereby jointly and severally agree, in furtherance of the foregoing and not in limitation of any other right which any Secured Party may have at law or in equity against any Guarantor by virtue
hereof, that upon the failure of any Borrower to pay any of the Guaranteed Obligations when and as the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that
would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a) or other applicable Debtor Relief Laws), the Guarantors will upon demand pay, or cause to be paid, in Cash, to the
Administrative Agent for the ratable benefit of the Secured Parties, an amount equal to the sum of the unpaid principal amount of all Guaranteed Obligations then due as aforesaid, accrued and unpaid interest on such Guaranteed Obligations (including
interest which, but for any Borrower’s becoming the subject of a case under the Bankruptcy Code or other applicable Debtor Relief Laws, would have accrued on such Guaranteed Obligations, whether or not a claim is allowed against such Borrower
for such interest in the related bankruptcy case) and all other Guaranteed Obligations then owed to the Secured Parties as aforesaid. 

Section 11.04.    Liability of Guarantors Absolute. Each Guarantor agrees that its obligations
hereunder are irrevocable, absolute, independent and unconditional and shall not be affected by any circumstance which constitutes a legal or equitable discharge of a guarantor or surety other than payment in full of the Guaranteed Obligations. In
furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees as follows: 

(a)    this Guaranty is a guaranty of payment when due and not of collectability. This Guaranty is a primary obligation of
each Guarantor and not merely a contract of surety; 
 (b)    the Administrative Agent may enforce this Guaranty upon
the occurrence of an Event of Default notwithstanding the existence of any dispute between any Borrower and any Secured Party with respect to the existence of such Event of Default; 

(c)    the obligations of each Guarantor hereunder are independent of the obligations of the Borrowers and the obligations
of any other guarantor (including any other Guarantor) of the obligations of the Borrowers, and a separate action or actions may be brought and prosecuted against such Guarantor whether or not any action is brought against any Borrower or any of
such other guarantors and whether or not any Borrower is joined in any such action or actions; 
 (d)    payment by any
Guarantor of a portion, but not all, of the Guaranteed Obligations shall in no way limit, affect, modify or abridge any Guarantor’s liability for any portion of the Guaranteed Obligations which has not been paid. Without limiting the generality
of the foregoing, if the Administrative Agent is awarded a judgment in any suit brought to enforce any Guarantor’s covenant to pay a portion of the Guaranteed Obligations, such judgment shall not be deemed to release such Guarantor from its
covenant to pay the portion of the Guaranteed Obligations that is not the subject of such suit, and such judgment shall not, except to the extent satisfied by such Guarantor, limit, affect, modify or abridge any other Guarantor’s liability
hereunder in respect of the Guaranteed Obligations; 

  
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 (e)    any Secured Party, upon such terms as it deems appropriate,
without notice or demand and without affecting the validity or enforceability hereof or giving rise to any reduction, limitation, impairment, discharge or termination of any Guarantor’s liability hereunder, from time to time may (i) renew,
extend, accelerate, increase the rate of interest on, or otherwise change the time, place, manner or terms of payment of the Guaranteed Obligations; (ii) settle, compromise, release or discharge, or accept or refuse any offer of performance
with respect to, or substitutions for, the Guaranteed Obligations or any agreement relating thereto and/or subordinate the payment of the same to the payment of any other obligations; (iii) request and accept other guaranties of the Guaranteed
Obligations and take and hold security for the payment hereof or the Guaranteed Obligations; (iv) release, surrender, exchange, substitute, compromise, settle, rescind, waive, alter, subordinate or modify, with or without consideration, any
security for payment of the Guaranteed Obligations, any other guaranties of the Guaranteed Obligations, or any other obligation of any Person (including any other Guarantor) with respect to the Guaranteed Obligations; (v) enforce and apply any
security now or hereafter held by or for the benefit of such Secured Party in respect hereof or the Guaranteed Obligations and direct the order or manner of sale thereof, or exercise any other right or remedy that such Secured Party may have against
any such security, in each case as such Secured Party in its discretion may determine consistent herewith or the applicable Hedge Agreement or Cash Management Agreement and any applicable security agreement, including foreclosure on any such
security pursuant to one or more judicial or nonjudicial sales, whether or not every aspect of any such sale is commercially reasonable, and even though such action operates to impair or extinguish any right of reimbursement or subrogation or other
right or remedy of any Guarantor against any Borrower or any other Guarantor or any security for the Guaranteed Obligations; and (vi) exercise any other rights available to it under the Loan Documents, any Hedge Agreements or any Cash
Management Agreements, as applicable; and 
 (f)    this Guaranty and the obligations of the Guarantors hereunder shall
be valid and enforceable and shall not be subject to any reduction, limitation, impairment, discharge or termination for any reason (other than payment in full of the Guaranteed Obligations), including the occurrence of any of the following, whether
or not any Guarantor shall have had notice or knowledge of any of them: (i) any failure or omission to assert or enforce or agreement or election not to assert or enforce, or the stay or enjoining, by order of court, by operation of law or
otherwise, of the exercise or enforcement of, any claim or demand or any right, power or remedy (whether arising under the Loan Documents, any Hedge Agreements, any Cash Management Agreements, at law, in equity or otherwise) with respect to the
Guaranteed Obligations or any agreement relating thereto, or with respect to any other guaranty of or security for the payment of the Guaranteed Obligations; (ii) any rescission, waiver, amendment or modification of, or any consent to departure
from, any of the terms or provisions (including provisions relating to events of default) hereof, any of the other Loan Documents, any of the Hedge Agreements, any of the Cash Management Agreements or any agreement or instrument executed pursuant
thereto, or of any other guaranty or security for the Guaranteed Obligations, in each case whether or not in accordance with the terms hereof or such Loan Document, such Hedge Agreement, such Cash Management Agreement or any agreement relating to
such other guaranty or security; (iii) the Guaranteed Obligations, or any agreement relating thereto, at any time being found to be illegal, invalid or unenforceable in any respect; (iv) the application of payments received from any source
(other than payments received pursuant to the other Loan Documents or any of the Hedge Agreements or Cash Management Agreements or from the proceeds of any security for the Guaranteed Obligations, except to the extent such security also serves as
collateral for indebtedness other than the Guaranteed Obligations) to the payment of indebtedness other than the Guaranteed Obligations, even though any Secured Party might have elected to apply such payment to any part or all of the Guaranteed
Obligations; (v) any Secured Party’s consent to the 

  
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change, reorganization or termination of the corporate structure or existence of the Company or any of its Subsidiaries and to any corresponding restructuring of the Guaranteed Obligations;
(vi) any failure to perfect or continue perfection of a security interest in any collateral which secures any of the Guaranteed Obligations; (vii) any defenses, set offs or counterclaims which any Borrower may allege or assert against any
Secured Party in respect of the Guaranteed Obligations, including failure of consideration, breach of warranty, payment, statute of frauds, statute of limitations, accord and satisfaction and usury; and (viii) any other act or thing or
omission, or delay to do any other act or thing, which may or might in any manner or to any extent vary the risk of any Guarantor as an obligor in respect of the Guaranteed Obligations. 

Section 11.05.    Waivers by Guarantors. Each Guarantor hereby waives, for the benefit of the Secured Parties:
(a) any right to require any Secured Party, as a condition of payment or performance by such Guarantor, to (i) proceed against any Borrower, any other guarantor (including any other Guarantor) of the Guaranteed Obligations or any other
Person, (ii) proceed against or exhaust any security held from any Borrower, any such other guarantor or any other Person, (iii) proceed against or have resort to any balance of any Deposit Account or credit on the books of any Secured
Party in favor of any Loan Party or any other Person or (iv) pursue any other remedy in the power of any Secured Party whatsoever; (b) any defense arising by reason of the incapacity, lack of authority or any disability or other defense of
any Borrower or any other Guarantor including any defense based on or arising out of the lack of validity or the unenforceability of the Guaranteed Obligations or any agreement or instrument relating thereto or by reason of the cessation of the
liability of any Borrower or any other Guarantor from any cause other than payment in full of the Guaranteed Obligations; (c) any defense based upon any statute or rule of law which provides that the obligation of a surety must be neither
larger in amount nor in other respects more burdensome than that of the principal; (d) any defense based upon any Secured Party’s errors or omissions in the administration of the Guaranteed Obligations, except behavior which amounts to bad
faith; (e) (i) any principles or provisions of law, statutory or otherwise, which are or might be in conflict with the terms hereof and any legal or equitable discharge of such Guarantor’s obligations hereunder, (ii) the benefit of
any statute of limitations affecting such Guarantor’s liability hereunder or the enforcement hereof, (iii) any rights to set-offs, recoupments and counterclaims and (iv) promptness, diligence
and any requirement that any Secured Party protect, secure, perfect or insure any security interest or lien or any property subject thereto; (f) notices, demands, presentments, protests, notices of protest, notices of dishonor and notices of
any action or inaction, including acceptance hereof, notices of default hereunder, the Hedge Agreements, the Cash Management Agreements or any agreement or instrument related thereto, notices of any renewal, extension or modification of the
Guaranteed Obligations or any agreement related thereto, notices of any extension of credit to any Borrower and notices of any of the matters referred to in Section 11.04 and any right to consent to any thereof; and (g) any defenses or
benefits that may be derived from or afforded by law which limit the liability of or exonerate guarantors or sureties, or which may conflict with the terms hereof. 

Section 11.06.    Guarantors’ Rights of Subrogation, Contribution, Etc. Until the
Guaranteed Obligations shall have been indefeasibly paid in full and the Revolving Credit Commitments shall have terminated and all Letters of Credit shall have expired or been cancelled, each Guarantor hereby waives any claim, right or remedy,
direct or indirect, that such Guarantor now has or may hereafter have against any Borrower or any other Guarantor or any of its assets in connection with this Guaranty or the performance by such Guarantor of its obligations hereunder, in each case
whether such claim, right or remedy arises in equity, under contract, by statute, under common law or otherwise and including (i) any right of subrogation, reimbursement or indemnification that such Guarantor now has or may hereafter have
against any Borrower with respect to the Guaranteed Obligations, (ii) any right to enforce, or to participate in, 

  
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any claim, right or remedy that any Secured Party now has or may hereafter have against any Borrower and (iii) any benefit of, and any right to participate in, any collateral or security now
or hereafter held by any Secured Party. In addition, until the Guaranteed Obligations shall have been indefeasibly paid in full and the Revolving Credit Commitments shall have terminated and all Letters of Credit shall have expired or been
cancelled, each Guarantor shall withhold exercise of any right of contribution such Guarantor may have against any other guarantor (including any other Guarantor) of the Guaranteed Obligations, including any such right of contribution as
contemplated by Section 11.02. Each Guarantor further agrees that, to the extent the waiver or agreement to withhold the exercise of its rights of subrogation, reimbursement, indemnification and contribution as set forth herein is found by a
court of competent jurisdiction to be void or voidable for any reason, any rights of subrogation, reimbursement or indemnification such Guarantor may have against any Borrower or against any collateral or security, and any rights of contribution
such Guarantor may have against any such other guarantor, shall be junior and subordinate to any rights any Secured Party may have against any Borrower, to all right, title and interest any Secured Party may have in any such collateral or security,
and to any right any Secured Party may have against such other guarantor. If any amount shall be paid to any Guarantor on account of any such subrogation, reimbursement, indemnification or contribution rights at any time when all Guaranteed
Obligations shall not have been finally and indefeasibly paid in full, such amount shall be held in trust for the Administrative Agent on behalf of the Secured Parties and shall forthwith be paid over to the Administrative Agent for the benefit of
the Secured Parties to be credited and applied against the Guaranteed Obligations, whether matured or unmatured, in accordance with the terms hereof. 

Section 11.07.    Subordination of Other Obligations. Any Indebtedness of any Borrower or any Guarantor
now or hereafter held by any Guarantor (the “Obligee Guarantor”) is hereby subordinated in right of payment to the Guaranteed Obligations, and any such Indebtedness collected or received by the Obligee Guarantor after an Event of
Default has occurred and is continuing shall be held in trust for the Administrative Agent on behalf of the Secured Parties and shall, upon acceleration of the Obligations, forthwith be paid over to the Administrative Agent for the benefit of the
Secured Parties to be credited and applied against the Guaranteed Obligations but without affecting, impairing or limiting in any manner the liability of the Obligee Guarantor under any other provision hereof.  

Section 11.08.    Continuing Guaranty. This Guaranty is a continuing guaranty and shall remain in effect until
all of the Guaranteed Obligations shall have been paid in full and the Revolving Credit Commitments shall have terminated and all Letters of Credit shall have expired or been cancelled. Each Guarantor hereby irrevocably waives any right to revoke
this Guaranty as to future transactions giving rise to any Guaranteed Obligations. 

Section 11.09.    Authority of Guarantors or Borrowers. It is not necessary for the enforcement of this
Article 11 for any Secured Party to inquire into the capacity or powers of any Guarantor or any Borrower or the officers, directors or any agents acting or purporting to act on behalf of any of them. 

Section 11.10.    Financial Condition of Loan Parties. Any Credit Extension may be made to any Borrower or
continued from time to time, and any Hedge Agreements or Cash Management Agreements may be entered into by any Loan Party or any of its Subsidiaries from time to time, in each case without notice to or authorization from any Guarantor regardless of
the financial or other condition of the Loan Parties at the time of any such grant or continuation or at the time such Hedge Agreement or such Cash Management Agreement is entered into, as the case may be. No Secured Party shall have any obligation
to disclose or discuss with any Guarantor its 

  
 231 

 
assessment, or any Guarantor’s assessment, of the financial condition of any Loan Party. Each Guarantor has adequate means to obtain information from the Loan Parties on a continuing basis
concerning the financial condition of the Loan Parties and their Subsidiaries and their ability to perform their obligations under the Loan Documents, the Hedge Agreements and the Cash Management Agreements, as applicable, and each Guarantor assumes
the responsibility for being and keeping informed of the financial condition of the Loan Parties and of all circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor hereby waives and relinquishes any duty on
the part of any Secured Party to disclose any matter, fact or thing relating to the business, operations or conditions of the Loan Parties now known or hereafter known by any Secured Party. 

Section 11.11.    Bankruptcy, Etc.  

(a)    So long as any Guaranteed Obligations remain outstanding, no Guarantor shall, without the prior written consent of
the Administrative Agent acting pursuant to the instructions of the Required Lenders, commence or join with any other Person in commencing any bankruptcy, reorganization or insolvency case or proceeding of or against the Loan Parties. The
obligations of the Guarantors hereunder shall not be reduced, limited, impaired, discharged, deferred, suspended or terminated by any case or proceeding, voluntary or involuntary, involving the bankruptcy, insolvency, receivership, reorganization,
liquidation or arrangement of the Loan Parties or by any defense which the Loan Parties may have by reason of the order, decree or decision of any court or administrative body resulting from any such proceeding. 

(b)    Each Guarantor acknowledges and agrees that any interest on any portion of the Guaranteed Obligations which accrues
after the commencement of any case or proceeding referred to in clause (a) above (or, if interest on any portion of the Guaranteed Obligations ceases to accrue by operation of law by reason of the commencement of such case or proceeding, such
interest as would have accrued on such portion of the Guaranteed Obligations if such case or proceeding had not been commenced) shall be included in the Guaranteed Obligations because it is the intention of Guarantors and the Secured Parties that
the Guaranteed Obligations which are guaranteed by Guarantors pursuant hereto should be determined without regard to any rule of law or order which may relieve any Borrower of any portion of such Guaranteed Obligations. The Guarantors will permit
any trustee in bankruptcy, receiver, debtor in possession, assignee for the benefit of creditors or similar Person in any jurisdiction to pay the Administrative Agent, or allow the claim of the Administrative Agent in respect of, any such interest
accruing after the date on which such case or proceeding is commenced. 
 (c)    In the event that all or any portion of
the Guaranteed Obligations are paid by any Borrower, the obligations of Guarantors hereunder shall continue and remain in full force and effect or be reinstated, as the case may be, in the event that all or any part of such payment(s) are rescinded
or recovered directly or indirectly from any Secured Party as a preference, fraudulent transfer or otherwise, and any such payments which are so rescinded or recovered shall constitute Guaranteed Obligations for all purposes hereunder. 

Section 11.12.    Discharge of Guaranty Upon Sale of Guarantor. If all of the Equity Interests of any
Guarantor (other than the Company) or any of its successors in interest hereunder shall be sold or otherwise disposed of (including by merger or consolidation) in accordance with the terms and conditions hereof, the Guaranty of such Guarantor or
such successor in interest, as the case may be, hereunder shall automatically be discharged and released without any further action by any Secured Party or any other Person effective as of the time of such sale. 

  
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 Section 11.13.    Keepwell. Each Qualified ECP Guarantor
hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Guarantor to honor all of its obligations under this Guaranty in respect of
Swap Obligations that would otherwise constitute Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 11.13 for the maximum amount of such liability that can be hereby incurred without
rendering its obligations under this Section 11.13, or otherwise under this Guaranty, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP
Guarantor under this Section shall remain in full force and effect until the termination of the Commitments and the repayment, satisfaction or discharge of all other Obligations. Each Qualified ECP Guarantor intends that this Section 11.13
constitute, and this Section 11.13 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Guarantor for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 

For the avoidance of doubt, this Article 11 shall be subject to Section 2.20. 

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

 (ii)    Exhibit B 

[Amendments to Pledge and Security Agreement attached] 

 EXECUTION VERSION 

AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENT 

Originally dated as of May 29, 2015, amended and restated as of October 3, 2017 and, amended as of December 17, 2018 and as amended as of September 27, 2021 

among 
 EACH OF THE
GRANTORS PARTY HERETO 
 and 

BANK OF AMERICA, N.A., 

as Collateral Agent 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	PAGE	 
	ARTICLE 1	  

	DEFINITIONS; GRANT OF SECURITY	  

			
	 Section 1.01. 
	 	 General Definitions
	  	 	1	 
	 Section 1.02. 
	 	 Definitions; Interpretation
	  	 	8	 
	
	ARTICLE 2	  

	GRANT OF SECURITY	  

			
	 Section 2.01. 
	 	 Grant of Security
	  	 	9	 
	 Section 2.02. 
	 	 Certain Limited Exclusions
	  	 	10	 
	
	ARTICLE 3	  

	SECURITY FOR OBLIGATIONS; GRANTORS REMAIN LIABLE	
 

			
	 Section 3.01. 
	 	 Security for Obligations
	  	 	11	 
	 Section 3.02. 
	 	 Continuing Liability Under Collateral
	  	 	12	 
	
	ARTICLE 4	  

	CERTAIN PERFECTION REQUIREMENTS	  

			
	 Section 4.01. 
	 	 Delivery Requirements
	  	 	12	 
	 Section 4.02. 
	 	 Control Requirements
	  	 	13	 
	 Section 4.03. 
	 	 Intellectual Property Recording Requirements
	  	 	13	 
	 Section 4.04. 
	 	 Other Actions
	  	 	14	 
	 Section 4.05. 
	 	 Timing and Notice
	  	 	14	 
	
	ARTICLE 5	  

	REPRESENTATIONS AND WARRANTIES	  

			
	 Section 5.01. 
	 	 Grantor Information & Status
	  	 	15	 
	 Section 5.02. 
	 	 Collateral Identification, Special Collateral
	  	 	15	 
	 Section 5.03. 
	 	 Ownership Of Collateral And Absence Of Other Liens
	  	 	16	 
	 Section 5.04. 
	 	 Status of Security Interest
	  	 	17	 
	 Section 5.05. 
	 	 Goods and Receivables
	  	 	17	 
	 Section 5.06. 
	 	 Pledged Equity Interests, Investment Related Property
	  	 	18	 
	 Section 5.07. 
	 	 Intellectual Property
	  	 	18	 
	 Section 5.08. 
	 	 Miscellaneous
	  	 	19	 
	
	ARTICLE 6	  

	COVENANTS AND AGREEMENTS	  

			
	 Section 6.01. 
	 	 Grantor Information and Status
	  	 	20	 
	 Section 6.02. 
	 	 Collateral Identification; Special Collateral
	  	 	20	 
	 Section 6.03. 
	 	 Ownership of Collateral and Absence of Other Liens
	  	 	20	 

							
	 Section 6.04. 
	 	 Status of Security Interest
	  	 	21	 
	 Section 6.05. 
	 	 Goods & Receivables
	  	 	21	 
	 Section 6.06. 
	 	 Pledged Equity Interests, Investment Related Property
	  	 	22	 
	 Section 6.07. 
	 	 Intellectual Property
	  	 	24	 
	 Section 6.08. 
	 	 Miscellaneous
	  	 	25	 
	
	ARTICLE 7	  

	ACCESS; RIGHT OF INSPECTION AND FURTHER ASSURANCES; ADDITIONAL
GRANTORS	  			
			
	 Section 7.01. 
	 	 Access; Right of Inspection
	  	 	26	 
	 Section 7.02. 
	 	 Further Assurances
	  	 	26	 
	 Section 7.03. 
	 	 Additional Grantors
	  	 	27	 
	
	ARTICLE 8	  

	COLLATERAL AGENT APPOINTED ATTORNEY-IN-FACT	
 

			
	 Section 8.01. 
	 	 Power of Attorney
	  	 	27	 
	 Section 8.02. 
	 	 No Duty On The Part Of Collateral Agent Or Secured Parties
	  	 	28	 
	 Section 8.03.
	 	 Appointment Pursuant to Credit Agreement
	  	 	29	 
	
	ARTICLE 9	  

	REMEDIES	  

			
	 Section 9.01. 
	 	 Generally
	  	 	29	 
	 Section 9.02. 
	 	 Application of Proceeds
	  	 	30	 
	 Section 9.03. 
	 	 Sales on Credit
	  	 	30	 
	 Section 9.04. 
	 	 Investment Related Property
	  	 	30	 
	 Section 9.05. 
	 	 Grant of Intellectual Property License
	  	 	31	 
	 Section 9.06. 
	 	 Intellectual Property
	  	 	31	 
	 Section 9.07. 
	 	 Cash Proceeds; Deposit Accounts
	  	 	33	 
	
	ARTICLE 10	  

	COLLATERAL AGENT	  

	
	ARTICLE 11	  

	CONTINUING SECURITY INTEREST; TRANSFER OF LOANS	
 

	
	ARTICLE 12	  

	STANDARD OF CARE; COLLATERAL AGENT MAY PERFORM	
 

	
	ARTICLE 13	  

	MISCELLANEOUS	  

	
	ARTICLE 14	  

	AMENDMENT AND RESTATEMENT	
 

							
	 SCHEDULE 1.01A — RESERVED
	  			
			
		 	 SCHEDULE 5.01 — GENERAL INFORMATION
	  			
			
		 	 SCHEDULE 5.02 — COLLATERAL IDENTIFICATION
	  	 	    	 
			
		 	 SCHEDULE 5.04 — FINANCING STATEMENTS
	  			
			
		 	 SCHEDULE 5.05 — LOCATION OF EQUIPMENT AND INVENTORY
	  			
			
		 	 SCHEDULE 5.06 — PLEDGED EQUITY INTERESTS
	  			
			
		 	 SCHEDULE 5.07 — INTELLECTUAL PROPERTY
	  			
			
		 	 SCHEDULE 5.08 — CONSENTS
	  			
			
		 	 EXHIBIT A — PLEDGE SUPPLEMENT
	  			
			
		 	 EXHIBIT B — UNCERTIFICATED SECURITIES CONTROL AGREEMENT
	  			
			
		 	 EXHIBIT C — [RESERVED]
	  			
			
		 	 EXHIBIT D — [RESERVED]
	  			
			
		 	 EXHIBIT E — TRADEMARK SECURITY AGREEMENT
	  			
			
		 	 EXHIBIT F — COPYRIGHT SECURITY AGREEMENT
	  			
			
		 	 EXHIBIT G — PATENT SECURITY AGREEMENT
	  			

 This AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENT originally dated as of
May 29, 2015 and amended and restated as of October 3, 2017, amended as of December 17, 2018, and as
amended as of September 27, 2021 among Hologic, Inc. (the “Company”), certain domestic subsidiaries of the Company party hereto from time to time, whether as an original
signatory hereto or as an Additional Grantor (as herein defined) (each, a “Grantor”), and Bank of America, N.A., as collateral agent for the Secured Parties (as herein defined) (in such capacity as collateral agent, together with
its successors and permitted assigns, the “Collateral Agent”). 
 RECITALS: 

WHEREAS, reference is made to that certain Credit and Guaranty Agreement, dated as of May 29, 2015 (as amended, restated,
supplemented or otherwise modified from time to time prior to the date hereof, the “Original Credit Agreement”) by and among the Company, the other Borrowers party thereto from time to time, the other Grantors party thereto, as
Guarantors, the Collateral Agent, the other Agents party thereto and the Lenders party thereto from time to time; 
 WHEREAS, each
Grantor has granted liens on certain of its assets to secure (i) the Obligations under the Original Credit Agreement and the other Loan Documents, (ii) such Grantor’s obligations under Hedge Agreements and Cash Management Agreements
and (iii) other obligations under the Loan Documents; 
 WHEREAS, effective as of the Restatement Date, the Original Credit
Agreement is being amended and restated in the form of the Credit Agreement (as defined below); and 
 WHEREAS, the Lenders and L/C
Issuers are not willing to make loans or issue or participate in Letters of Credit under the Credit Agreement unless (i) the Obligations continue to be secured and guaranteed as set forth herein and in the other Loan Documents and
(ii) each Guaranty thereof is secured by Liens on the assets of the relevant Grantor as provided in this Agreement and the other Collateral
Documents;.
 
 NOW, THEREFORE, in consideration of the premises and the agreements, provisions
and covenants herein contained, and for other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, each Grantor and the Collateral Agent agree as follows: 

ARTICLE 1 

DEFINITIONS; GRANT OF SECURITY 

Section 1.01. General Definitions. In this Agreement, the following terms shall have the following meanings: 

“Additional Grantors” shall have the meaning assigned in Section 7.03. 

“Agreement” shall mean this Amended and Restated Pledge and Security Agreement dated as of October 3, 2017, as it may be
amended, restated, amended and restated, supplemented or otherwise modified from time to time, in accordance with the terms of the Credit Agreement. 

“Cash Proceeds” shall have the meaning assigned in Section 9.07. 

 “Collateral” shall have the meaning assigned in Section 2.01. 

“Collateral Account” shall mean any Deposit Account or Securities Account established by the Collateral Agent. 

“Collateral Agent” shall have the meaning set forth in the preamble. 

“Collateral Records” shall mean books, records, ledger cards, files, correspondence, customer lists, supplier lists,
blueprints, technical specifications, manuals, computer software and related documentation, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time evidence or
contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon. 

“Collateral Support” shall mean all property (real or personal) assigned, hypothecated or otherwise securing any Collateral
and shall include any security agreement or other agreement granting a lien or security interest in such real or personal property. 

“Company” shall have the meaning set forth in the preamble. 

“Control” shall mean: (1) with respect to any Deposit Accounts, control within the meaning of Section 9-104 of the UCC, (2) with respect to any Securities Accounts, Security Entitlements, Commodity Contract or Commodity Account, control within the meaning of
Section 9-106 of the UCC, (3) with respect to any Uncertificated Securities, control within the meaning of Section 8-106(c) of the UCC, (4) with
respect to any Certificated Security, control within the meaning of Section 8-106(a) or (b) of the UCC, (5) with respect to any Electronic Chattel Paper, control within the meaning of Section 9-105 of the UCC, (6) with respect to Letter-of-Credit Rights, control within the meaning of Section 9-107 of the UCC and (7) with respect to any “transferable record” (as that term is defined in Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or
in Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction), control within the meaning of Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or in Section 16
of the Uniform Electronic Transactions Act as in effect in the jurisdiction relevant to such transferable record. 
 “Copyright
Licenses” shall mean any and all agreements, licenses and covenants (whether or not in writing) providing for the granting of any right in or to any Copyright or otherwise providing for a covenant not to sue (whether such Grantor is
licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.02(II) under the heading “Copyright Licenses” (as such schedule may be amended or supplemented from time to time)
provided that, for the avoidance of doubt, the Copyright Licenses shall not include any Excluded Asset. 
 “Copyright Security
Agreement” shall mean a Copyright Security Agreement substantially in the form of Exhibit F. 
 “Copyrights” shall
mean all United States and foreign copyrights (including community designs), including but not limited to copyrights in software and all rights in and to databases, and all Mask Works (as defined under 17 U.S.C. 901 of the U.S. Copyright Act),
whether registered or unregistered and whether or not the underlying works of authorship have been published, moral rights, reversionary interests, termination rights, and, with respect to any and all of the foregoing: (i) all registrations and
applications therefor including, without limitation, the registrations and applications 

  
 2 

 
required to be listed in Schedule 5.02(II) under the heading “Copyrights” (as such schedule may be amended or supplemented from time to time), (ii) all extensions and renewals
thereof, (iii) the right to sue or otherwise recover for past, present and future infringements or other violations thereof, and (iv) all Proceeds of the foregoing, including, without limitation, licenses, fees, royalties, income,
payments, claims, damages and proceeds of suit now or hereafter due and/or payable with respect thereto, and (v) all other rights of any kind accruing thereunder or pertaining thereto throughout the world provided that, for the avoidance of
doubt, Copyrights shall not include any Excluded Asset. 
 “Credit Agreement” shall mean that certain Amended and Restated
Credit and Guaranty Agreement dated as of the date hereof by and among the Company, the other Borrowers party thereto from time to time, the other Grantors party thereto, as Guarantors, the Collateral Agent, the other Agents party thereto and the
Lenders party thereto from time to time. 
 “Excluded Asset(s)” shall mean any asset of any Grantor excluded from the
security interest hereunder by virtue of Section 2.02 hereof but only to the extent, and for so long as, so excluded thereunder. 

“Excluded Foreign Equity Interests” shall mean the capital stock of and/or any other Equity Interests issued by any Foreign
Subsidiary that is either (i) not a First-Tier Foreign
Subsidiary or (ii) an Immaterial Foreign Subsidiary.

 “Existing Security Agreement” shall mean that certain Pledge and Security Agreement dated as of May 29, 2015
among the Company, the Grantors party thereto and Bank of America, N.A., as collateral agent, as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof. 

“Foreign Intellectual Property” shall mean any Intellectual Property (whether now owned or existing or hereafter acquired,
created, developed or arising) consisting of foreign, international, or multi-national issued/registered Patents, registered Trademarks, registered Copyrights, or any applications for the foregoing. 

“Grantors” shall have the meaning set forth in the preamble. 

“Insurance” shall mean (i) all insurance policies covering any or all of the Collateral (regardless of whether the
Collateral Agent is the loss payee thereof or an additional insured thereon) and (ii) any key man life insurance policies. 

“Intellectual Property” shall mean, the collective reference to all rights, priorities and privileges relating to
intellectual property, whether arising under the laws of the United States (or of any state or political subdivision thereof) or of any Foreign Jurisdiction or otherwise, including without limitation, the Copyrights, the Copyright Licenses, the
Patents, the Patent Licenses, the Trademarks, the Trademark Licenses, the Trade Secrets, and the Trade Secret Licenses, and the right to sue or otherwise recover for past, present and future infringement, dilution, misappropriation or other
violation or impairment thereof, including the right to receive all Proceeds therefrom, including without limitation license fees, royalties, income, payments, claims, damages and proceeds of suit, now or hereafter due and/or payable with respect
thereto provided that, for the avoidance of doubt, the Intellectual Property shall not include any Excluded Asset. 

  
 3 

 “Intellectual Property Agreements” shall mean the Patent Security
Agreement, the Trademark Security Agreement and the Copyright Security Agreement. 
 “Intellectual Property Licenses” shall
mean, collectively, the Copyright Licenses, Patent Licenses, Trademark Licenses and Trade Secret Licenses. 
 “Investment
Accounts” shall mean the Collateral Account, Securities Accounts, Commodity Accounts and Deposit Accounts. 
 “Investment
Related Property” shall mean: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all
Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit provided that, for the avoidance of doubt, the Investment Related Property shall not include any Excluded Asset. 

“Material Intellectual Property” shall mean any item of Intellectual Property included in the Collateral which is material to
the business of the Grantors, taken as a whole, or is otherwise of material value to the Grantors, taken as a whole. 

“M.G.L.” shall have the meaning assigned in Section 2.02. 

“Non-Assignable Contract” shall mean any agreement, contract or license to which any
Grantor is a party that by its terms purports to restrict or prevent the assignment or granting of a security interest therein (either by its terms or by any federal or state statutory prohibition or otherwise irrespective of whether such
prohibition or restriction is enforceable under Sections 9-406 through 409 of the UCC). 

“Patent Licenses” shall mean all agreements, licenses and covenants (whether or not in writing) providing for the granting of
any right in or to any Patent or otherwise providing for a covenant not to sue (whether such Grantor is licensee or licensor thereunder), including, without limitation, each agreement required to be listed in Schedule 5.02(II) under the heading
“Patent Licenses” (as such schedule may be amended or supplemented from time to time) provided that, for the avoidance of doubt, the Patent Licenses shall not include any Excluded Asset. 

“Patent Security Agreement” shall mean a Patent Security Agreement substantially in the form of Exhibit G. 

“Patents” shall mean all United States and foreign patents and certificates of invention, inventions or similar industrial
property rights, and applications for any of the foregoing, including, but not limited to: (i) each patent and patent application required to be listed in Schedule 5.02(II) under the heading “Patents” (as such schedule may be amended
or supplemented from time to time), (ii) all reissues, divisions, continuations, continuations-in-part, extensions, renewals, and reexaminations thereof, (iii) all
improvements thereto, (iv) the right to sue or otherwise recover for past, present and future infringements or other violations thereof, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income,
payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights of any kind accruing thereunder or pertaining thereto throughout the world provided that, for the avoidance of
doubt, the Patents shall not include any Excluded Asset. 

  
 4 

 “Pledged Debt” shall mean all indebtedness for borrowed money owed to such
Grantor, whether or not evidenced by any Instrument, including, without limitation, all indebtedness described on Schedule 5.02(I) under the heading “Pledged Debt” (as such schedule may be amended or supplemented from time to time), issued
by the obligors named therein, the instruments, if any, evidencing such any of the foregoing, and all interest, cash, instruments and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in
exchange for any or all of the foregoing provided that, for the avoidance of doubt, the Pledged Debt shall not include any Excluded Asset. 

“Pledged Equity Interests” shall mean all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and any other
participation or interests in any equity or profits of any business entity including, without limitation, any trust and all management rights relating to any entity whose Equity Interests are included as Pledged Equity Interests provided that, for
the avoidance of doubt, the Pledged Equity Interests shall not include any Excluded Asset. 
 “Pledged LLC Interests” shall
mean, other than any Excluded Asset, all interests in any limited liability company and each series thereof owned by any Grantor, including, without limitation, all limited liability company interests listed on Schedule 5.02(I) under the heading
“Pledged LLC Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such limited liability company interests and any interest of such Grantor on the books and
records of such limited liability company or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or
proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such limited liability company interests and all rights as a member of the related limited liability company that constitutes
“Collateral” hereunder. 
 “Pledged Partnership Interests” shall mean, other than any Excluded Asset, all
interests in any general partnership, limited partnership, limited liability partnership or other partnership owned by any Grantor, including, without limitation, all partnership interests listed on Schedule 5.02(I) under the heading
“Pledged Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of
such partnership or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time
received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership interests and all rights as a partner of the related partnership that constitutes “Collateral” hereunder. 

“Pledged Stock” shall mean, other than any Excluded Asset, all shares of capital stock owned by any Grantor, including,
without limitation, all shares of capital stock described on Schedule 5.02(I) under the heading “Pledged Stock” (as such schedule may be amended or supplemented from time to time), and the certificates, if any, representing such
shares and any interest of such Grantor in the entries on the books of the issuer of such shares or on the books of any securities intermediary pertaining to such shares, and all dividends, distributions, cash, warrants, rights, options,
instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares that constitutes “Collateral” hereunder. 

“Pledge Supplement” shall mean an agreement substantially in the form of Exhibit A hereto. 

“Receivables” shall mean all rights to payment, whether or not earned by performance, for goods or other property sold,
leased, licensed, assigned or otherwise disposed of, or services rendered or to be 

  
 5 

 
rendered, including, without limitation all such rights constituting or evidenced by any Account, Chattel Paper, Instrument, General Intangible or Investment Related Property, together with all
of Grantor’s rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and all Receivables Records provided that, for the avoidance of doubt,
Receivables shall not include any Excluded Asset. 
 “Receivables Records” shall mean (i) all original copies of all
documents, instruments or other writings or electronic records or other Records evidencing the Receivables, (ii) all books, correspondence, credit or other files, Records, ledger sheets or cards, invoices, and other papers relating to
Receivables, including, without limitation, all tapes, cards, computer tapes, computer discs, computer runs, record keeping systems and other papers and documents relating to the Receivables, whether in the possession or under the control of Grantor
or any computer bureau or agent from time to time acting for Grantor or otherwise, (iii) all evidences of the filing of financing statements and the registration of other instruments in connection therewith, and amendments, supplements or other
modifications thereto, notices to other creditors, secured parties or agents thereof, and certificates, acknowledgments, or other writings, including, without limitation, lien search reports, from filing or other registration officers, (iv) all
credit information, reports and memoranda relating thereto and (v) all other written or non-written forms of information related in any way to the foregoing or any Receivable. 

“Secured Obligations” shall have the meaning assigned in Section 3.01. 

“Secured Parties” shall mean the Agents, the Lenders, the L/C Issuer, the Lender Counterparties and the Cash Management
Providers, and the respective successors and permitted assigns of each of the foregoing Persons. 
 “Securities” shall mean
any stock, shares, partnership interests, voting trust certificates, certificates of interest or participation in any profit-sharing agreement or arrangement, options, warrants, bonds, debentures, notes, or other evidences of indebtedness, secured
or unsecured, convertible, subordinated or otherwise, or in general any instruments commonly known as “securities” or any certificates of interest, shares or participations in temporary or interim certificates for the purchase or
acquisition of, or any right to subscribe to, purchase or acquire, any of the foregoing. 
 “Servicer Account” shall mean
the Company’s servicer account at JPMorgan Chase Bank, N.A., ending in 9386, and any other servicer account used in connection with a Qualified Receivables Transaction. 

“Servicer Lockbox” shall mean the Company’s lockbox at JPMorgan Chase Bank, N.A. linked to the Servicer Account and any
other lockbox linked to a servicer account used in connection with a Qualified Receivables Transaction. 
 “Specified Equipment and
Inventory” shall mean, at any time, any medical, diagnostic or surgical (A) Equipment and/or Inventory which is installed or otherwise located at a physician’s office, hospital, medical clinic, laboratory or other third party location pursuant to a Customer Usage Agreement,
System Loan and Product Purchase Agreement, use agreements, conditional sales agreements, consignment
agreements, leases and other similar contracts entered into by a Grantor with end users or other third parties that directly or indirectly contract with end users and which the Grantors, in their
discretion, determine are a necessary or desirable means of generating revenue from such Equipment or Inventory, including through themedical or diagnostic processes related thereto, including, but not limited to, (i) diagnostic Equipment or Inventory, such as Thin Prep PAP Processors,
Panther 

  
 6 

 
Fusion, Tigres, Panther, ETS (Direct Tube Sampling Instruments) and mammography and osteoporosis Equipment and
Inventory, (ii) surgical Equipment or Inventory, such as NovaSure and MyoSure controller, (iii) molecular Equipment or Inventory, (iv) any medical aesthetics machines and controller and (v) any other medical device related Equipment and/or
Inventory; (B) any; (B) Equipment and/or Inventory
which is stored with or located at a warehouse, distribution center, or other similar location owned, operated, leased or subcontracted by any third party manufacturer (and/or any other operator of warehouses, distribution centers, and/or other
similar location); and (C) any Equipment and/or Inventory consisting of molds, plastics and assembly
manufacturing equipment in the possession of any third party manufacturer. 
 “Specified Material Contracts” means
(i) that certain Supply Agreement dated as of November 22, 2006 by and between Gen-Probe Incorporated, a corporation of the State of Delaware, USA, located at 10210 Genetic Center Drive, San Diego,
California 92121-4362 and STRATEC Biomedical Systems AG, having its principal place of business at Gewerbestrasse 37, D-75217 Birkenfeld-Graefenhausen, Germany and (ii) that certain agreement dated as of
July 24, 2009 between GEN-PROBE INCORPORATED, a Delaware corporation, having a place of business at 10210 Genetic Center Drive, San Diego, California 92121, and NOVARTIS VACCINES AND DIAGNOSTICS, INC., a
Delaware corporation, having a place of business at 4560 Horton Street, Emeryville, California 94608, in each case as amended, supplemented, restated or otherwise modified from time to time. 

“Specified Minority Debt Investments” means any loan to any Person in which the Grantors or their Subsidiaries own an Equity
Interest or any other equity interest (other than a Subsidiary) and any refinancing thereof and/or amendment, restatement or supplement thereto, whether such Indebtedness was incurred prior to the Restatement Date, on the Restatement Date or
thereafter. 
 “Specified Minority Investments” means, any Equity Interest acquired by any Grantor in any Person (other
than a Subsidiary) or Equity Interests received in exchange therefor or on account thereof, whether such acquisition or exchange occurred prior to the Restatement Date, on the Restatement Date or thereafter. 

“Trademark Licenses” shall mean any and all agreements, licenses and covenants (whether or not in writing) providing for the
granting of any right in or to any Trademark or otherwise providing for a covenant not to sue or permitting co-existence (whether such Grantor is licensee or licensor thereunder), including, without
limitation, each agreement required to be listed in Schedule 5.02(II) under the heading “Trademark Licenses” (as such schedule may be amended or supplemented from time to time) provided that, for the avoidance of doubt, Trademark
Licenses shall not include any Excluded Asset. 
 “Trademark Security Agreement” shall mean a Trademark Security Agreement
substantially in the form of Exhibit E. 
 “Trademarks” shall mean all United States and foreign trademarks, trade names,
trade dress, corporate names, company names, business names, fictitious business names, Internet domain names, service marks, certification marks, collective marks, logos, other source or business identifiers, designs and general intangibles of a
like nature, whether or not registered, and with respect to any and all of the foregoing: (i) all registrations and applications therefor including, without limitation, the registrations and applications required to be listed in Schedule
5.02(II) under the heading “Trademarks” (as such schedule may be amended or supplemented from time to time), (ii) all extensions or renewals of any of the foregoing, (iii) all of the goodwill of the business connected with the
use of and symbolized by any of the 

  
 7 

 
foregoing, (iv) the right to sue or otherwise recover for past, present and future infringement, dilution or other violation of any of the foregoing or for any injury to the related
goodwill, (v) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income, payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other
rights of any kind accruing thereunder or pertaining thereto throughout the world provided that, for the avoidance of doubt, Trademarks shall not include any Excluded Asset. 

“Trade Secret Licenses” shall mean any and all agreements (whether or not in writing) providing for the granting of any right
in or to Trade Secrets (whether such Grantor is licensee or licensor thereunder) including, without limitation, each agreement required to be listed in Schedule 5.02(II) under the heading “Trade Secret Licenses” (as such schedule
may be amended or supplemented from time to time) provided that, for the avoidance of doubt, Trade Secret Licenses shall not include any Excluded Asset. 

“Trade Secrets” shall mean all trade secrets and all other confidential or proprietary information and know-how whether or not such Trade Secret has been reduced to a writing or other tangible form, including all documents and things embodying, incorporating, or referring in any way to such Trade Secret, including
but not limited to: (i) the right to sue or otherwise recover for past, present and future misappropriation or other violation thereof, (ii) all Proceeds of the foregoing, including, without limitation, license fees, royalties, income,
payments, claims, damages, and proceeds of suit now or hereafter due and/or payable with respect thereto, and (iii) all other rights of any kind accruing thereunder or pertaining thereto throughout the world provided that, for the avoidance of
doubt, Trade Secrets shall not include any Excluded Asset. 
 “UCC” shall mean the Uniform Commercial Code as in effect
from time to time in the State of New York; provided, however, that in the event that, by reason of mandatory provisions of law, any or all of the perfection or priority of, or remedies with respect to, any Collateral is governed by
the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the
provisions hereof relating to such perfection, priority or remedies. 
 “United States” shall mean the United States of
America. 
 Section 1.02. Definitions; Interpretation. (a) In this Agreement, the following capitalized terms shall have
the meaning given to them in the UCC (and, if defined in more than one Article of the UCC, shall have the meaning given in Article 9 thereof): Account, Account Debtor, As-Extracted Collateral, Bank,
Certificated Security, Chattel Paper, Commercial Tort Claims, Commodity Account, Commodity Contract, Commodity Intermediary, Consignee, Consignment, Consignor, Deposit Account, Document, Entitlement Order, Electronic Chattel Paper, Equipment, Farm
Products, Fixtures, General Intangibles, Goods, Health-Care-Insurance Receivable, Instrument, Inventory, Letter-of-Credit Right, Manufactured Home, Money, Payment
Intangible, Proceeds, Record, Securities Account, Securities Intermediary, Security Certificate, Security Entitlement, Supporting Obligations, Tangible Chattel Paper and Uncertificated Security. For the avoidance of doubt, such capitalized terms
included shall not include any Excluded Assets. 
 (b)    All other capitalized terms used herein (including the
preamble, recitals and exhibits hereto) and not otherwise defined herein shall have the meanings ascribed thereto in the Credit Agreement. The incorporation by reference of terms defined in the Credit Agreement shall survive any termination of the
Credit Agreement until this Agreement is terminated as provided in Article 11 hereof. 

  
 8 

 
Any of the terms defined herein may, unless the context otherwise requires, be used in the singular or the plural, depending on the reference. References herein to any Section, Appendix, Schedule
or Exhibit shall be to a Section, an Appendix, a Schedule or an Exhibit, as the case may be, hereof unless otherwise specifically provided. The use herein of the word “include” or “including,” when following any general
statement, term or matter, shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not
non-limiting language (such as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other
items or matters that fall within the broadest possible scope of such general statement, term or matter. The terms lease and license shall include sub-lease and
sub-license, as applicable. If any conflict or inconsistency exists between this Agreement and the Credit Agreement, the Credit Agreement shall govern. All references herein to provisions of the UCC shall
include all successor provisions under any subsequent version or amendment to any Article of the UCC. 
 (c)    Notwithstanding any other provisions set forth herein, upon the occurrence of a Collateral Release Date and Company’s
notice to Collateral Agent that such Collateral Release Date has occurred, this Agreement (and all of its representations and warranties, covenants, obligations, rights and remedies and other provisions other than Article 11 after the first two
sentences thereof) shall be automatically suspended without any further action of the parties hereto and shall have no further force or effect unless and until the occurrence of a Collateral Reinstatement Date and delivery of written notice by
Collateral Agent to Company of the same; provided that upon the occurrence of a Collateral Reinstatement Date and delivery of such notice of Collateral Agent to Company, this Agreement (and all of its representations and warranties, covenants,
obligations, rights and remedies and other provisions) shall be automatically reinstated without any further action of the parties hereto. Upon such reinstatement, each Grantor shall take such actions and execute such documents and make such filings
all at such Grantor’s expense as the Collateral Agent may reasonably request to the extent that such actions, execution of documents and/or filings are otherwise required under Article 4 hereof in order to ensure that the Collateral Agent has a
valid, perfected, First Priority Lien in the Collateral as soon as promptly (and, in any event, within 60 days) thereafter. 

ARTICLE 2 
 GRANT
OF SECURITY 
 Section 2.01. Grant of Security. Each Grantor hereby grants to the Collateral
Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of such Grantor’s right, title and interest in, to and under all personal property of such Grantor including, but not limited to the following, in
each case whether now owned or hereafter existing, in which such Grantor now has or hereafter acquires an interest, creates or develops or otherwise arising and wherever the same may be located (all of which, other than to the extent constituting
Excluded Assets, being hereinafter collectively referred to as the “Collateral”): 
 (a)    Accounts;

 (b)    Chattel Paper; 

(c)    Documents; 

(d)    General Intangibles; 

  
 9 

 (e)    Goods (including, without limitation, Inventory and Equipment);

 (f)    Instruments; 

(g)    Insurance; 

(h)    Intellectual Property; 

(i)    Investment Related Property (including, without limitation, Deposit Accounts); 

(j)    Letter-of-Credit Rights; 

(k)    Money; 

(l)    Receivables and Receivable Records; 

(m)    Commercial Tort Claims now or hereafter described on Schedule 5.02(III); 

(n)    to the extent not otherwise included above, all other personal property of any kind and all Collateral Records,
Collateral Support and Supporting Obligations relating to any of the foregoing; and 
 (o)    to the extent not
otherwise included above, all Proceeds, products, accessions, rents and profits of or in respect of any of the foregoing. 

Section 2.02. Certain Limited Exclusions. Notwithstanding anything herein to the contrary, in no event shall the Collateral
include or the security interest granted under Section 2.01 hereof attach to (a) any lease, license, contract or agreement to which any Grantor is a party, or any of its rights or interests thereunder, if and to the extent that a security
interest (x) is prohibited by or would be in violation of (i) any law, rule or regulation applicable to such Grantor, or (ii) a term, provision or condition of any such lease, license, contract or agreement (unless such law, rule,
regulation, term, provision or condition would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407,
9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law (including the Bankruptcy Code) or
principles of equity) or (y) would result in a breach, default or other violation of any term, provision or condition of any such lease, license, contract or agreement after giving effect to Sections
9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any
relevant jurisdiction or any other applicable law (including the Bankruptcy Code) or principles of equity; provided, however, that the Collateral shall include (and such security interest shall attach) immediately at such time as the
contractual or legal prohibition shall no longer be applicable and to the extent severable, shall attach immediately to any portion of such lease, license, contract or agreement not subject to the prohibitions specified in subclause (i) or (ii)
of clause (a) of this Section 2.02; provided further that the exclusions referred to in clause (a) of this Section 2.02 shall not include any Proceeds of any such lease, license, contract or agreement; (b) any
of the outstanding capital stock of or other Equity Interest in a (I) First-Tier Foreign Subsidiary or Excluded Disregarded Entity in excess of 65% of the voting
power of all classes of capital stock of such First-Tier Foreign Subsidiary or Excluded Disregarded Entity entitled to vote; provided that immediately upon the amendment of the
Internal Revenue Code to allow the pledge of a greater percentage of the voting power of capital stock in a First-Tier Foreign Subsidiary or Excluded Disregarded Entity without adverse tax consequences, the Collateral shall include, and the security
interest granted by each Grantor shall attach to, such greater percentage of capital stock of each First-Tier Foreign Subsidiary and 

  
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Excluded Disregarded Entity and (II) “security corporation” under Massachusetts General Laws (“M.G.L.”) chapter 63, § 38B, but only to the extent that the pledge
of such capital stock or other Equity Interest would result in such entity ceasing to qualify as a “security corporation” under M.G.L. chapter 63, § 38B; (c) any Excluded Foreign Equity Interests and the Equity Interests issued
by any Receivables Entity
or, Immaterial Domestic Subsidiary;
or any Real Estate Loan Borrower (in the case of the Real Estate Loan Borrower, only for so long as such
Indebtedness incurred pursuant to Section 7.01(z) remains outstanding); (d) any “intent-to-use”
application for trademark or service mark registration filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. §1051, prior to the filing under Section 1(c) or Section 1(d) of the Lanham Act of a “Statement of Use”
or an “Amendment to Allege Use” with respect thereto, solely to the extent, if any, that, and solely during the period, if any, in which, the grant of a security interest therein prior to such filing would impair the validity or
enforceability of any registration that issues from such intent-to-use trademark or service mark application under applicable federal law; (e) motor vehicles and
other Goods covered by a certificate of title the perfection of a security interest in which is excluded from the Uniform Commercial Code in the relevant jurisdiction; (f) Foreign Intellectual Property; (g) Margin Stock (within the meaning
of Regulation U issued by the FRB); (h) Equity Interests in any Person (other than wholly owned Subsidiaries of the Company) if and to the extent that a security interest (x) is prohibited by or would be in violation of any term, provision or
condition of such Person’s organizational or joint venture documents (unless such term, provision or condition would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any
relevant jurisdiction or any other applicable law (including the Bankruptcy Code) or principles of equity) or (y) would result in a breach, default or other violation of any term, provision or condition of such documents after giving effect to
Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or
provisions) of any relevant jurisdiction or any other applicable law (including the Bankruptcy Code) or principles of equity; provided, however, that the Collateral shall include (and such security interest shall attach) immediately at such
time as the contractual prohibition shall no longer be applicable and to the extent severable, shall attach immediately to any portion of such Equity Interests not subject to the prohibitions specified in this clause 2.02(h), (i) any property and/or
assets of Grantors (other than (i) Intellectual Property, (ii) Pledged Equity Interests, (iii) intercompany loans and (iv) the Proceeds of any Collateral) located outside of the United States, provided that the aggregate value of
such property and assets does not exceed
$175,000,000350,000,000
 at any time and provided further that in regards to any of such property or assets valued in excess of
$175,000,000350,000,000
, such property and assets shall not constitute Collateral to the extent that the Collateral Agent and the Company reasonably agree that the costs or other consequences (including adverse tax
consequences) of providing a security interest in such property and/or assets is excessive in view of the benefits to be obtained by the Secured Parties, (j) the
ServiceServicer
 Account and the Servicer Lockbox, (k) any interest that the Grantors own in any aircraft or component thereof (including ownership, title or leasehold interest), (l) Inventory on consignment
where the Grantor is the Consignor or (m) any intercompany notes issued by any Receivables Entity to any Loan Party or its Subsidiaries in connection with
or otherwise pledged as collateral to secure obligations under any Qualified Intercompany Note Transaction. 
 ARTICLE 3 

SECURITY FOR OBLIGATIONS; GRANTORS REMAIN LIABLE 

Section 3.01. Security for Obligations. This Agreement secures, and the Collateral is collateral security for, the prompt and
complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay
under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all the Obligations (the “Secured Obligations”). 

  
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 Section 3.02. Continuing Liability Under Collateral. Notwithstanding anything
herein to the contrary, (a) each Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (b) each
Grantor shall remain liable under each of the agreements included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it
thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this
Agreement or any other document related thereto nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to
collect or enforce any rights under any agreement included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (c) the exercise by the Collateral Agent of any
of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral. 

ARTICLE 4 
 CERTAIN
PERFECTION REQUIREMENTS 
 Section 4.01. Delivery Requirements. (a) With respect to
any Certificated Securities included in the Collateral (other than, on and after the First Amendment Effective Date, any First-Tier Foreign Subsidiary that is designated or otherwise qualifies as an Immaterial Foreign Subsidiary, as disclosed to the
Collateral Agent), each Grantor shall deliver to the Collateral Agent the Security Certificates evidencing such Certificated Securities duly indorsed by an effective indorsement (within the meaning of
Section 8-107 of the UCC), or accompanied by share transfer powers or other instruments of transfer duly endorsed by such an effective endorsement, in each case, to the Collateral Agent or in blank. In
addition, each Grantor shall cause any certificates evidencing any Pledged Equity Interests included in the Collateral, including, without limitation, any Pledged Partnership Interests included in the Collateral or Pledged LLC Interests included in
the Collateral, to be similarly delivered to the Collateral Agent regardless of whether such Pledged Equity Interests constitute Certificated Securities (in each case, other than, on and after the First Amendment Effective Date, any First-Tier
Foreign Subsidiary that is designated or otherwise qualifies as an Immaterial Foreign Subsidiary, as disclosed to the Collateral Agent). Notwithstanding the foregoing, the delivery requirements set forth in this Section 4.01(a) shall be subject
to the delivery periods set forth in Section 4.05 and shall not apply to any certificates evidencing Equity Interests or any other equity investments other than certificates evidencing the Equity Interests or equity investments, in each case,
in the Company’s Subsidiaries. For the purpose of this
Section 
4.01(a)Agreement, “Immaterial Foreign
Subsidiary” shall mean, at any date of determination, any Foreign Subsidiary of the Company that, together with all other Immaterial Domestic Subsidiaries and Immaterial Foreign Subsidiaries, (i) had consolidated assets comprising in
the aggregate less than
1015
% of Total Assets of the Company and its Subsidiaries on the last day of the then-most recent Fiscal Quarter for which financial statements are available and (ii) contributed in the aggregate less than
1015
% of Consolidated Adjusted EBITDA for the period of four (4) Fiscal Quarters then-most recently ended for which financial statements are available. 

(b)    With respect to any Instruments or Tangible Chattel Paper included in the Collateral, each Grantor shall deliver,
within the delivery periods set forth in Section 4.05, to the 

  
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Collateral Agent all such Instruments or Tangible Chattel Paper to the Collateral Agent duly indorsed in blank; provided, however, that such delivery requirement shall not apply to
(i) any Instruments or Tangible Chattel Paper having a face amount of less than $15,000,00030,000,000 individually, except to the extent the aggregate outstanding
face amount of such Instruments and Tangible Chattel Paper exceeds $50,000,000100,000,000 (in which case the delivery requirements under this
Section 4.01(b) shall apply to all such Instruments and Tangible Chattel Paper in excess of such aggregate threshold), (ii) any Tangible Chattel Paper relating to or in respect of any Specified Equipment and Inventory or (iii) Specified
Minority Debt Investments. 
 Section 4.02. Control Requirements.  

(a)    [Reserved]. 

(b)    With respect to any Uncertificated Security of a Subsidiary of the Company included in the Collateral (other than
any (x) Uncertificated Securities constituting Collateral credited to a Securities Account, (y) Uncertificated Securities constituting Specified Minority Investments and (z) Uncertificated Securities issued by Immaterial Foreign
Subsidiaries), each Grantor shall cause, within the compliance period set forth in Section 4.05, the issuer of such Uncertificated Security to either (i) register the Collateral Agent as the registered owner thereof on the books and
records of the issuer or (ii) execute an agreement substantially in the form of Exhibit B hereto (or such other agreement in form and substance reasonably satisfactory to the Collateral Agent), pursuant to which such issuer agrees to comply
with the Collateral Agent’s instructions with respect to such Uncertificated Security without further consent by such Grantor. 

(c)    With respect to any
Letter-of-Credit Rights included in the Collateral (other than any Letter-of-Credit
Rights constituting a Supporting Obligation for a Receivable in which the Collateral Agent has a valid and perfected security interest) with a value in excess of
$35,000,00070,000,000
 individually, each Grantor shall ensure, within the compliance period set forth in Section 4.05, that Collateral Agent has Control thereof by obtaining the written consent of each issuer of each
related letter of credit to the assignment of the proceeds of such letter of credit to the Collateral Agent. 

(d)    Reserved. 

Section 4.03. Intellectual Property Recording Requirements. (a) In the case of any Collateral (whether now owned or
existing or hereafter acquired, created, developed or arising) consisting of Patents issued in the United States or pending Patent applications filed in the United States, each Grantor shall execute and deliver, within the compliance period set
forth in Section 4.05, to the Collateral Agent a Patent Security Agreement in substantially the form of Exhibit G hereto (or a supplement thereto) covering all such Patents in appropriate form for recordation with the United States Patent and
Trademark Office with respect to the security interest of the Collateral Agent. 
 (b)    In the case of any Collateral
(whether now owned or existing or hereafter acquired, created, developed or arising) consisting of Trademarks registered in the United States or pending Trademark applications filed in the United States, each Grantor shall execute and deliver,
within the compliance period set forth in Section 4.05, to the Collateral Agent a Trademark Security Agreement in substantially the form of Exhibit E hereto (or a supplement thereto) covering all such Trademarks, in appropriate form for
recordation with the United States Patent and Trademark Office with respect to the security interest of the Collateral Agent. 

  
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 (c)    In the case of any Collateral (whether now owned or existing or
hereafter acquired, created, developed or arising) consisting of Copyrights registered in the United States or pending Copyright applications filed in the United States, or consisting of exclusive Copyright Licenses that constitute Material
Intellectual Property in respect of Copyrights registered in the United States for which any Grantor is the licensee, the Grantor shall execute and deliver, within the compliance period set forth in Section 4.05, to the Collateral Agent a
Copyright Security Agreement in substantially the form of Exhibit F hereto (or a supplement thereto) covering all such Copyrights and exclusive Copyright Licenses, in appropriate form for recordation with the United States Copyright Office with
respect to the security interest of the Collateral Agent. 
 Section 4.04. Other Actions. With respect to any Pledged
Partnership Interests and Pledged LLC Interests included in the Collateral (other than any Specified Minority Investment), if the Grantors own less than 100% of the Equity Interests in any issuer of such Pledged Partnership Interests or Pledged LLC
Interests constituting Collateral, the Grantors shall, within the compliance period set forth in Section 4.05, use their commercially reasonable efforts to obtain the consent of each other holder of partnership interest or limited liability
company interests in such issuer to the security interest of the Collateral Agent hereunder and following an Event of
Default (that is continuing), the transfer of such Pledged
Partnership Interests and Pledged LLC Interests constituting Collateral to the Collateral Agent or its designee, and to the substitution of the Collateral Agent or its designee as a partner or member with all the rights and powers related thereto.
Each Grantor consents to the grant by each other Grantor of a Lien in all Investment Related Property constituting Collateral to the Collateral Agent and without limiting the generality of the foregoing consents to the transfer of any Pledged
Partnership Interest and any Pledged LLC Interest constituting Collateral to the Collateral Agent or its designee following an Event of Default
(that is continuing) for the purposes of enabling the
Collateral Agent to exercise rights and remedies under the Credit Agreement and Article 9 hereof and to the substitution of the Collateral Agent or its designee as a partner in any partnership or as a member in any limited liability company with all
the rights and powers related thereto. 
 Section 4.05. Timing and Notice. Notwithstanding any provisions set
forth herein, with respect to any Collateral in existence on the Restatement Date, each Grantor shall comply with the requirements of Article 4 on the Restatement Date (subject to Section 6.01(j) of the Credit Agreement and any remaining period
that was available under Section 4.05 of the Existing Security Agreement immediately prior to giving effect to this Agreement) and Section 6.12(c) of the Credit Agreement, and with respect to any Collateral hereafter owned or acquired,
created, developed or arising such Grantor shall (i) for the avoidance of doubt, comply with the requirements of SectionsSection 6.10 and 6.11 of the Credit
Agreement as applicable, and (ii) comply with the requirements of Article 4 and/or Sections
6.02(a), 6.02(b) and
6.05(bc
) hereof, as applicable, in each case, subject to Section 6.01(j) of the Credit Agreement, (x) with respect to (1) Material Intellectual Property and (2) Collateral (other than
Intellectual Property) valued, in the aggregate with all other Collateral (other than Intellectual Property) acquired, created, developed or arising in the same Fiscal Quarter, in excess of the greater of (1) $75,000,000 and (2) 0.5% of Total
Assets150,000,000 and (2) 10% of Consolidated Adjusted EBITDA for the period of four (4) Fiscal
Quarters ending on the last day of the most recent Fiscal Year for which financial statements are available, within 45 days after such Collateral is acquired, created, developed or otherwise
arises and (y) with respect to all other Collateral, within the later of (I) 45 days after such Collateral is acquired, created, developed or otherwise arises and (II) 15 days after the end of such Fiscal Quarter (or, in the case of
Intellectual Property, such Fiscal Year) in which such Collateral is acquired, created, developed or otherwise arises; provided that the Collateral Agent may grant an extension therefor if the applicable Grantor in respect thereof is using
commercially reasonable efforts to comply with such requirements. 

  
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 ARTICLE 5 

REPRESENTATIONS AND WARRANTIES 

Each Grantor hereby represents and warrants, on the Restatement Date and on each Credit Date, that the following statements are true and
correct in all material respects as of such date other than to the extent such representation or warranty specifically relate to an earlier date (in which case such representation or warranty shall be true and correct in all material respects as of
such earlier date), in each case, subject to Section 4.05: 
 Section 5.01. Grantor Information &
Status. (a) As of the Restatement Date, Schedules 5.01(A) and (B) set forth under the appropriate headings: (1) the full legal name of such Grantor, (2) all trade names or other names under which such Grantor (currently)
commonly conducts business, (3) the type of organization of such Grantor, (4) the jurisdiction of organization of such Grantor, (5) its organizational identification number, if any, and (6) the jurisdiction where the chief
executive office or its sole place of business (or the principal residence if such Grantor is a natural person) is located. 

(b)    Except as provided on Schedule 5.01(C), as of the Restatement Date, it has not changed its name, jurisdiction of
organization, chief executive office or sole place of business (or principal residence if such Grantor is a natural person) or its corporate structure in any way (e.g., by merger, consolidation, change in corporate form or otherwise) and has not
commonly done business under any other name, in each case, within the past five (5) years. 
 (c)    It has not
within the last five (5) years become bound (whether as a result of merger or otherwise) as debtor under a security agreement entered into by another Person, which has not heretofore been terminated other than the agreements identified on
Schedule 5.01(D) hereof (as such Schedule may be amended or supplemented from time to time). 
 (d)    As of the
Restatement Date, such Grantor has been duly organized and is validly existing as an entity of the type as set forth opposite such Grantor’s name on Schedule 5.01(A) solely under the laws of the jurisdiction as set forth opposite such
Grantor’s name on Schedule 5.01(A) and, except as permitted by the Credit Agreement, remains duly existing as such. Except as permitted by the Credit Agreement, such Grantor has not filed any certificates of dissolution or liquidation, any
certificates of domestication, transfer or continuance in any other jurisdiction. 
 (e)    No Grantor is a
“transmitting utility” (as defined in Section 9-102(a)(81) of the UCC). 

Section 5.02. Collateral Identification, Special Collateral.  

(a)     On the Restatement Date, Schedule 5.02 sets forth under the appropriate headings all of such Grantor’s:
(1) Pledged Equity Interests constituting Collateral, other than any Pledged Equity Interests valued at less than $10,000,000 individually, except to the extent that the aggregate value of such Pledged Equity Interests exceeds $35,000,000, (in
which case, this scheduling requirement shall only apply to all Pledged Equity Interests in excess of the aggregate threshold), provided that such exception shall not apply to any Pledged Equity Interests evidencing the Equity Interests in
the Company’s Subsidiaries, (2) Pledged Debt other than (x) any Pledged Debt having a face 

  
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amount of less than $15,000,000 individually, except to the extent that the aggregate face amount of such Pledged Debt exceeds $50,000,000 (in which case, this scheduling requirement shall only
apply to all Pledged Debt in excess of the aggregate threshold) and (y) Specified Minority Debt Investments, (3) Reserved, (4) Reserved, (5) United States registrations and issuances of and applications for Patents, Trademarks, and
Copyrights owned by such Grantor constituting Material Intellectual Property, (6) Patent Licenses, Trademark Licenses, Trade Secret Licenses and Copyright Licenses constituting Material Intellectual Property other than employment related
agreements or consulting agreements with individuals to the extent that such agreements can be characterized as Patent Licenses, Trademark Licenses, Trade Secret Licenses and/or Copyright Licenses, (7) Commercial Tort Claims constituting
Collateral other than (A) any Commercial Tort Claims having a value of less than $20,000,000 individually, except to the extent that the aggregate value of such Commercial Tort Claims exceeds $60,000,000 or (B) any Commercial Tort
Claim with respect to the infringement of Intellectual Property as to which the Company has no knowledge, (8) Letter of Credit Rights for the letters of credit other than any individual Letter of Credit Rights worth less than $25,000,000, (9)
the name and address of any warehouseman, bailee or other third party in possession of any Inventory, Equipment and other tangible personal property, in each case, constituting Collateral other than (A) Specified Equipment and Inventory,
(B) other Equipment, Inventory and other tangible personal property with warehousemen, salesmen, servicemen, customers or such items in transit, under repair or with assemblers and/or manufacturers, (C) any other Inventory, Equipment and
other tangible personal property, in each case, constituting Collateral at one location having a value less than $20,000,000 individually, except to the extent the aggregate value of such Inventory, Equipment or other tangible personal property
exceeds $60,000,000 or (D) listed on Schedule 5.05 and (10) Material Contracts. 
 (b)    None of the
Collateral in excess of
$15,000,00030,000,000
 individually or $40,000,00080,000,000 in the aggregate (which is not encumbered by a valid,
perfected, First Priority Lien securing the Secured Obligations) constitutes, or is the Proceeds of, (1) Farm Products, (2) As-Extracted Collateral, (3) Manufactured Homes, (4) Health-Care-Insurance Receivables, (5) timber to be cut, or (65) satellites, ships or railroad rolling stock. 
 (c)    All information
supplied by any Grantor with respect to any of the Collateral (in each case taken as a whole with respect to any particular Collateral) is accurate and complete in all material respects, subject to the thresholds, exclusions and limitations set
forth in this Agreement, the Credit Agreement, or the Perfection Certificate, as applicable. 
 Section 5.03. Ownership Of
Collateral And Absence Of Other Liens. (a) Other than as provided herein and in the Credit Agreement, it owns the Collateral purported to be owned by it or otherwise has the rights it purports to have in each item of Collateral and, as to
all Collateral whether now existing or hereafter acquired, developed or created (including by way of lease or license), will continue to own or have such rights in each item of the Collateral, in each case free and clear of any and all Liens, rights
or claims of all other Persons, including, without limitation, liens arising as a result of such Grantor becoming bound (as a result of merger or otherwise) as debtor under a security agreement entered into by another Person, in each case, other
than any Permitted Liens and except if the failure to own or have rights in such Collateral or if the rights or claims of other Persons in the Collateral would not reasonably be expected to have a Material Adverse Effect. 

(b)    Other than any financing statements filed in favor of the Collateral Agent, no effective financing statement,
fixture filing or other instrument similar in effect under any applicable law covering all or any part of the Collateral is on file in any filing or recording office except for (x) financing 

  
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statements for which duly authorized proper termination statements have been delivered to the Collateral Agent for filing and (y) financing statements, fixture filings or instruments similar
in effect filed in connection with Permitted Liens. Other than any automatic control in favor of a Bank, Securities Intermediary or Commodity Intermediary maintaining a Deposit Account, Securities Account or Commodity Contract, no Person is in
Control of any Collateral other than in connection with Permitted Liens. 
 Section 5.04. Status of Security Interest.
(a) Upon the filing of any financing statement naming such Grantor as “debtor” and the Collateral Agent as “secured party” and describing the Collateral in the filing offices set forth opposite such Grantor’s
name on Schedule 5.04 hereof (as such schedule may be amended or supplemented from time to time), the security interest of the Collateral Agent in all Collateral
of such Grantor that can be perfected by the filing of a financing
statement (in such filing offices) under the Uniform
Commercial Code as in effect in the applicable jurisdiction will constitute valid, perfected, First Priority Liens with respect to such Collateral under the law of such jurisdiction (to the extent applicable thereto). Each agreement purporting to
give the Collateral Agent Control over any Collateral is effective to establish the Collateral Agent’s Control of the Collateral subject thereto. 

(b)    To the extent perfection or priority of the security interest therein is not subject to Article 9 of the UCC, upon
recordation of the Intellectual Property Agreements in the applicable intellectual property registries in the United States (including but not limited to the United States Patent and Trademark Office and the United States Copyright Office) of the
security interests granted hereunder in all Collateral consisting of Patents registered or issued in the United States (and all applications therefor), Trademarks registered or issued in the United States (and all applications therefor), Copyrights
registered in the United States (and all applications therefor) and exclusive Copyright Licenses (with respect to Copyrights registered in the United States), the security interests granted to the Collateral Agent hereunder in such Collateral listed
in such Intellectual Property Agreements shall constitute valid, perfected, First Priority Liens in Grantor’s interest therein. 

(c)    Except (x) as set forth in the Credit Agreement and (y) with respect to the Specified Minority
Investments, no authorization, consent, approval or other action by, and no notice to or filing with, any Governmental Authority or regulatory body or any other Person is required for either the pledge or grant by any Grantor of the Liens in the
Collateral purported to be created in favor of the Collateral Agent hereunder, except (A) for the filings contemplated by clauses (a) and (b) of Section 5.04 above, (B) as may be required, in connection with the disposition of
any Investment Related Property, by laws generally affecting the offering and sale of Securities and (C) for such consents previously obtained. 

(d)    Such Grantor is in compliance with its obligations under Article 4 hereof. 

Section 5.05. Goods and Receivables.  

(a)    Reserved. 

(b)    Reserved. 

(c)    Any Goods now or hereafter produced by any Grantor included in the Collateral have been and will be produced in
compliance with the requirements of the Fair Labor Standards Act, as amended, and the rules and regulations promulgated thereunder, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect. 

  
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 (d)    Other than any (i) Inventory or Equipment in transit, being
repaired or in the possession or control of any warehouseman, bailee, repairman, serviceman, salesman, customer, assembler, manufacturer or other third party, (ii) Specified Equipment and Inventory (and any Equipment and/or Inventory which is
stored with or located at a warehouse, distribution center, or other similar location operated, leased or subcontracted (but not owned) by Company) and (iii) any other Inventory, Equipment and other tangible personal property at one location
having a value less than
$20,000,00040,000,000
 individually, except to the extent the aggregate value of such Inventory, Equipment or other tangible personal property exceeds $60,000,000120,000,000
, all of the Equipment and Inventory included in the Collateral is located only at the locations specified in Schedule 5.05 (as such schedule may be amended or supplemented from time to time). 

Section 5.06. Pledged Equity Interests, Investment Related Property. (a) Except as otherwise permitted in the Credit
Agreement or herein, it is the record and beneficial owner of the Pledged Equity Interests free of all Liens (other than Permitted Liens), rights or claims of other Persons (other than Permitted Liens) and, except as set forth in Schedule 5.06
hereof (as such schedule may be amended or supplemented from time to time), as otherwise permitted in the Credit Agreement or herein and with respect to the Specified Minority Investments, there are no outstanding warrants, options or other rights
to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that required the issuance or sale of, any Pledged Equity Interests that, in any material respect, adversely
effects the value of the Collateral taken as a whole (or any Liens in such Collateral). 
 (b)    Except (x) as set
forth in Schedule 5.06 (as such schedule may be amended or supplemented from time to time) and (y) with respect to the Specified Minority Investments, no consent of any Person including any other general or limited partner, any other member of
a limited liability company, any other shareholder or any other trust beneficiary is necessary or reasonably desirable in connection with the creation, perfection or First Priority status of the security interest of the Collateral Agent in any
Pledged Equity Interests constituting Collateral other than those consents previously obtained. 
 (c)    Except as set
forth in Schedule 5.06(c) (as such schedule may be amended or supplemented from time to time), allas of the Restatement Date, none of the Pledged LLC Interests andor Pledged Partnership Interests constituting Collateral (other than Specified Minority Investments) are or represent interests that by their terms provide that they are
“securities” as such terms is defined in and governed by the uniform
commercial code of an applicable jurisdiction. 
 Section 5.07. Intellectual Property.  

(a)    Reserved. 

(b)    Except as set forth in Schedule 5.07 and other than any Intellectual Property the disposition or license of which
is otherwise permitted under Section 7.08 of the Credit Agreement, each (i) Patent, Trademark and Copyright listed on Schedule 5.02 that constitutes Material Intellectual Property is subsisting and has not been adjudged invalid or
unenforceable, in whole or in part, (ii) no Patents constituting Material Intellectual Property is the subject of a reexamination proceeding, and (iii) such Grantor has performed in all material respects all acts and has paid all renewal,
maintenance and other fees and taxes required to maintain in full force and effect each and every registration and application of Copyrights, Patents and Trademarks that constitute Material Intellectual Property; in each case of clauses (i), (ii)
and (iii), except as would not reasonably be likely to have a Material Adverse Effect. 

  
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 (c)    No action or proceeding is pending, or to such Grantors’
knowledge, threatened, challenging the validity, enforceability, registration, ownership or use of any of such Grantor’s Patents, Trademarks, or Copyrights listed on Schedule 5.02 that constitute Material Intellectual Property that is
reasonably likely to have a Material Adverse Effect. 
 (d)    None of the Trademarks, Patents, Copyrights or Trade
Secrets that constitute Material Intellectual Property has been licensed by any Grantor to any Affiliate or third party, except as disclosed in Schedule 5.07 (as such schedule may be amended or supplemented from time to time) or otherwise permitted
under the Credit Agreement (including, without limitation, to effect or in furtherance of the Reorganization), and all exclusive Copyright Licenses (with respect to Copyrights registered in the United States) that constitute Material Intellectual
Property have been properly recorded in the United States Copyright Office. 
 (e)    Such Grantor has been using
appropriate statutory notice of registration in connection with its use of registered Trademarks, proper marking practices in connection with the use of issued Patents and pending Patent applications, and appropriate notice of copyright in
connection with the publication of Copyrights, except where failure to use such statutory notice of registration, proper marking practices and appropriate notice of copyright would not have a Material Adverse Effect. 

(f)    Such Grantor has taken commercially reasonable steps to protect the confidentiality of its Trade Secrets that
constitute Material Intellectual Property in accordance with industry standards except where the failure to take such steps would not reasonably likely have a Material Adverse Effect.  

(g)    Such Grantor has maintained its standards of quality in the manufacture, distribution, and sale of all products
sold and in the provision of all services rendered under or in connection with all Trademarks of such Grantor and has taken commercially reasonable actions to insure that all licensees of the Trademarks owned by such Grantor meet such standards of
quality, in each case, except where failure to maintain or meet such standards is not reasonably likely have a Material Adverse Effect. 

(h)    [Reserved.] 

(i)    [Reserved.] 

(j)    no settlement or consents, covenants not to sue, co-existence agreements, non-assertion assurances, or releases have been entered into by such Grantor or binds such Grantor in a manner that is reasonably likely to adversely affect such Grantor’s rights to own, license or use any
Material Intellectual Property, except, in each case, (x) as disclosed in Schedule 5.07 hereof (as such schedule may be amended or supplemented from time to time) or (y) where such settlement, consents, covenants not to sue, co-existence agreements, non-assertion assurances, or releases would not reasonably be likely to have a Material Adverse Effect. 

Section 5.08.    Miscellaneous. No Material Contract prohibits assignment or requires consent of
or notice to any Person in connection with the assignment to the Collateral Agent hereunder, except such as has been given or made or is currently sought (or is not required to be sought) pursuant to Section 6.08 hereof or was sought in
accordance with Section 6.08 hereof and not given or made, as set forth in Schedule 5.08 (as such schedule may be amended or supplemented from time to
time). 

  
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 ARTICLE 6 

COVENANTS AND AGREEMENTS 

Each Grantor hereby covenants and agrees that, subject to the compliance periods set forth in Section 4.05: 

Section 6.01. Grantor Information and Status. Without limiting any prohibitions or restrictions on mergers or other transactions
set forth in the Credit Agreement, and except as it may be permitted to do so under the Credit Agreement, each Grantor covenants and agrees to comply with the requirements of Section 6.01(j) of the Credit Agreement within the time periods set
forth therein and, within the earlier of (x) thirty (30) days after the completion of such merger or other change in corporate structure and (y) if applicable, ten (10) days prior to the date on which the perfection of the Liens under
the Collateral Documents would (absent additional filings or other actions) lapse, in whole or in part, by reason of such change, take all actions necessary or advisable to maintain the continuous validity, perfection and the same or better priority
of the Collateral Agent’s security interest in that portion of the Collateral granted or intended to be granted and agreed to hereby, subject to the thresholds, exclusions and limitations set forth herein, which in the case of any merger or
other change in corporate structure shall include, without limitation, executing and delivering to the Collateral Agent a completed Pledge Supplement, substantially in the form of Exhibit A attached hereto, confirming the grant of the security
interest hereunder. 
 Section 6.02. Collateral Identification; Special Collateral. (a) In the event that it hereafter
acquires any Collateral of a type described in Section 5.02(b) hereof with a fair market value in excess of $15,000,00030,000,000 individually or $40,000,00080,000,000
 in the aggregate (to the extent not already encumbered by a valid, perfected, First Priority Lien securing the Secured Obligations), it shall promptly notify the Collateral Agent thereof in writing and take
such actions and execute such documents and make such filings all at such Grantor’s expense as the Collateral Agent may reasonably request to the extent that such actions, execution of documents and/or filings are otherwise required under
Article 4 hereof in order to ensure that the Collateral Agent has a valid, perfected, First Priority Lien in such Collateral. 

(b)    In the event that it hereafter acquires or has any Commercial Tort Claim constituting Collateral that a Responsible
Officer of such Grantor reasonably believes has a value in excess of
$20,000,00040,000,000
 individually or $60,000,000120,000,000 in the aggregate (other than any Commercial Tort claim in
respect of the infringement of Intellectual Property as to which the Company has no knowledge), it shall deliver to the Collateral Agent a completed Pledge Supplement, substantially in the form of Exhibit A attached hereto, together with all
Supplements to Schedules thereto, identifying such new Commercial Tort Claims; provided that no Grantor shall be required to compromise in any way its attorney-client privilege. 

Section 6.03. Ownership of Collateral and Absence of Other Liens. (a) Except for the security interest created by this
Agreement and Permitted Liens, and without duplication of Section 6.07(e), it shall not create or suffer to exist any Lien upon or with respect to any of the Collateral, and such Grantor shall use commercially reasonable efforts to defend the
Collateral against all Persons (other than the holders of Permitted Liens) at any time claiming any interest therein. 

(b)    Upon any Responsible Officer of such Grantor obtaining knowledge thereof, it shall promptly notify the Collateral
Agent in writing of any event that may have a Material Adverse Effect on the value of the Collateral (taken as a whole), a Material Adverse Effect on the ability of such 

  
 20 

 
Grantor or the Collateral Agent to dispose of all or any material portion of the Collateral, or a Material Adverse Effect on the rights and remedies of the Collateral Agent in relation thereto,
including, without limitation, the levy of any legal process against all or any material portion of the Collateral, in each case, other than Dispositions permitted under Section 7.08 of the Credit Agreement. 

(c)    It shall not sell, transfer or assign (by operation of law or otherwise) or exclusively license to another Person
any Collateral except as otherwise permitted by the Credit Agreement. 
 Section 6.04. Status of Security Interest.
(a) Subject to the thresholds, exclusions and limitations set forth (and/or referenced) in Article 4 hereof and subsection (b) of this Section 6.04, such Grantor shall maintain the security interest of the Collateral Agent
hereunder in all Collateral as valid, perfected, First Priority Liens to the extent required hereunder. 

(b)    Notwithstanding anything to the contrary herein, no Grantor shall be required to take any action to
(i) perfect a security interest in any Collateral that can only be perfected by Control, in each case except as and to the extent specified in Article 4 hereof and (ii) grant or perfect any lien or security interest in Collateral in a
Foreign Jurisdiction or under or pursuant to the laws of a Foreign Jurisdiction (and none of the Grantors shall be required to enter into any security agreements or pledge agreements governed by laws of any Foreign Jurisdictions) 

Section 6.05. Goods & Receivables.  

(a)    [Reserved.] 

(b)    Reserved. 

(c)    It shall keep the Equipment, Inventory and any Documents evidencing any material Equipment and Inventory
constituting Collateral in the locations specified on Schedule 5.05 (as such schedule may be amended or supplemented from time to time) or as otherwise provided by Section 5.05 unless, with respect to any locations in the United States, it
shall have notified the Collateral Agent in writing prior to thirty (30) days after any change in locations, identifying such new locations and providing such other information in connection therewith as the Collateral Agent may reasonably
request. 
 (d)    It shall keep and maintain at its own cost and expense satisfactory and complete records of the
Receivables, including, but not limited to, to the extent it is commercially reasonable to do so, the originals of all documentation with respect to all Receivables and records of all payments received and all credits granted on the Receivables, all
merchandise returned and all other material dealings therewith. 
 (e)    Reserved. 

(f)    It shall not amend, modify, terminate or waive any provision of any Receivable other than (i) in the ordinary
course of business or (ii) such amendments, modifications, terminations or waivers that would not have a Material Adverse Effect. 

(g)    At any time following the occurrence and during the continuation of an Event of Default, the Collateral Agent shall
have the right at any time to notify, or require such Grantor to notify, any Account Debtor of the Collateral Agent’s security interest in the Receivables and any Supporting 

  
 21 

 
Obligation constituting Collateral and, in addition, the Collateral Agent may: (1) direct the Account Debtors under any Receivables to make payment of all amounts due or to become due to
such Grantor thereunder directly to the Collateral Agent; (2) notify, or require such Grantor to notify, each Person maintaining a lockbox or similar arrangement to which Account Debtors under any Receivables have been directed to make payment
to remit all amounts representing collections on checks and other payment items from time to time sent to or deposited in such lockbox or other arrangement directly to the Collateral Agent; and (3) enforce, at the expense of such Grantor,
collection of any such Receivables and to adjust, settle or compromise the amount or payment thereof, in the same manner and to the same extent as such Grantor might have done. If the Collateral Agent notifies such Grantor that it has elected to
collect the Receivables in accordance with the preceding sentence, any payments of Receivables received by such Grantor shall be forthwith (and in any event within two (2) Business Days) deposited by such Grantor in the exact form received,
duly indorsed by such Grantor to the Collateral Agent if required, in the Collateral Account maintained by the Collateral Agent, and until so turned over, all amounts and proceeds (including checks and other instruments) received by such Grantor in
respect of the Receivables, any Supporting Obligation constituting Collateral or Collateral Support constituting Collateral shall be received in trust for the benefit of the Collateral Agent hereunder and shall be segregated from other funds of such
Grantor and such Grantor shall not, except as may be permitted by the Collateral Agent, adjust, settle or compromise the amount or payment of any Receivable for less than the total unpaid balance thereof, grant any extension or renewal of the time
of payment of any Receivable or release wholly or partly any Account Debtor or obligor thereof, or allow any credit or discount thereon. 

Section 6.06. Pledged Equity Interests, Investment Related Property. (a) Except as provided in the next sentence, in the
event such Grantor receives any dividends, interest, distributions, securities or other property on account of any Pledged Equity Interest or other Investment Related Property constituting Collateral, upon the merger, consolidation, liquidation or
dissolution of any issuer of such Pledged Equity Interest or Investment Related Property, then (i) such dividends, interest, distributions, securities or other property shall be included in the definition of Collateral without further action
(unless otherwise constituting an Excluded Asset) and (ii) such Grantor shall promptly take all steps, if any, necessary or reasonably advisable to ensure the validity, perfection, priority and, if applicable, control of the Collateral Agent
over such dividends, interest, distributions, securities or other property (including, without limitation, delivery thereof to the Collateral Agent) and pending any such action such Grantor shall be deemed to hold such dividends, interest,
distributions, securities or other property in trust for the benefit of the Collateral Agent and shall segregate such dividends, interest, distributions, securities or other property from all other property of such Grantor; provided that, for
the avoidance of doubt, such Grantor shall not be required to (x) comply with the delivery and control requirements set forth in Article 4 with respect to any such Investment Related Property that constitutes Specified Minority Investments and
(y) take any action to perfect Collateral Agent’s liens on any such dividends, interest, distributions, securities or other property, in each case, constituting Specified Minority Investments other than as required pursuant to Article 4
hereof (and subject to the thresholds, exclusions and limitations (and time periods in regards to compliance) set forth (and/or referenced) in Article 4 hereof). Notwithstanding the foregoing, so long as the Collateral Agent has not (after the
occurrence or during the continuation of an Event of Default) directed the Grantors in writing to segregate all cash dividends, securities, distributions and other property in accordance with the immediately preceding sentence, the Collateral Agent
authorizes such Grantor to retain all cash dividends, securities, distributions and other property paid consistent with the past practice of the issuer and all scheduled payments of interest. 

  
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 (b)    Voting. 

(i)    So long as no Event of Default shall have occurred and be continuing, except as otherwise provided in this
Agreement or in the Credit Agreement, such Grantor shall be entitled to exercise or refrain from exercising any and all voting and other consensual rights pertaining to the Investment Related Property included in the Collateral or any part thereof
for any purpose not inconsistent with the terms of this Agreement or the Credit Agreement; provided, such Grantor shall not exercise or refrain from exercising any such right if the Collateral Agent shall have notified such Grantor that, in
the Collateral Agent’s reasonable judgment, such action would have a Material Adverse Effect; and provided further, such Grantor shall give the Collateral Agent at least five (5) Business Days prior written notice of the manner in
which it intends to exercise, or the reasons for refraining from exercising, any such right in a manner that would reasonably be expected to have a Material Adverse Effect; it being understood, however, that neither the voting by such Grantor of any
Pledged Stock for, or such Grantor’s consent to, the election of directors (or similar governing body) at a regularly scheduled annual or other meeting of stockholders or with respect to incidental matters at any such meeting, nor such
Grantor’s consent to or approval of any action otherwise permitted under this Agreement and the Credit Agreement, shall be deemed inconsistent with the terms of this Agreement or the Credit Agreement within the meaning of this
Section 6.06(b)(i) and no notice of any such voting or consent need be given to the Collateral Agent. 

(ii)    Upon the occurrence and during the continuation of an Event of Default: 

(A)    upon receipt of written notice from Collateral Agent terminating such Grantor’s voting rights,
all rights of such Grantor to exercise or refrain from exercising the voting and other consensual rights which it would otherwise be entitled to exercise pursuant hereto shall cease and all such rights shall thereupon become vested in the Collateral
Agent (to the extent permitted by applicable law and the applicable agreements and organization documents) who shall thereupon have the sole right to exercise such voting and other consensual rights; provided that (x) to the extent the
applicable agreements or organizational documents prohibit the vesting of such voting rights in the Collateral Agent (including, without limitation, through the use of a proxy or
power-of-attorney), such Grantor shall exercise such voting and other consensual rights solely in accordance with the instructions of the Collateral Agent and
(y) such rights shall automatically revert back to such Grantor upon the waiver or cure of all Events of Default then existing; and 

(B)    in order to permit the Collateral Agent to exercise the voting and other consensual rights which it
may be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive hereunder: (1) such Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the
Collateral Agent all proxies, dividend payment orders and other instruments as the Collateral Agent may from time to time reasonably request and (2) such Grantor acknowledges that the Collateral Agent may utilize the power of attorney set forth
in Section 8.01. 
 (c)    Except (x) to the extent not prohibited by the Credit Agreement (including, without
limitation, in connection with any transaction not prohibited by the Credit Agreement) and (y) with respect to the Specified Minority Investments, without the prior written consent of the Collateral Agent, it shall not vote to enable or take
any other action to: (i) cause to be amended or terminated any partnership agreement, limited liability company agreement, certificate of incorporation, by-laws or other organizational documents in any
way that materially changes, in ana materially adverse manner, the 

  
 23 

 
rights of such Grantor with respect to any Investment Related Property constituting Collateral or adversely affects the validity, perfection or priority of the Collateral Agent’s security
interest, (ii) cause any issuer of any Pledged Equity Interest to issue any additional stock, partnership interests, limited liability company interest or other Equity Interests of any nature or to issue securities convertible into or granting
the right of purchaser or exchange for any such additional stock, partnership interests, limited liability company interest or other Equity Interests of any nature of such issuer unless such additional stock, partnership interests, limited liability
company interest or any other Equity Interests owned by such Grantor (or, in each case, any portion thereof) has been pledged to the Collateral Agent to the extent required by the terms and conditions of Sections 2.01 and 2.02, (iii) cause any
issuer of any Pledged Equity Interest to dispose of all or a material portion of their assets, (iv) waive any material default under or material breach of any terms of organizational document relating to the issuer of any Pledged Equity
Interest or the terms of any Pledged Debt other than to the extent that such waiver would not reasonably be expected to have a Material Adverse Effect, (v) cause any issuer of any Pledged Partnership Interests or Pledged LLC Interests that are
not “securities” (for purposes of the UCC) on the Restatement Date to elect or
otherwise take any action to cause such Pledged Partnership Interests or Pledged LLC Interests to be treated as
“securities” for purposes of the UCC other than at the direction of Collateral
Agent or (vi) cause any Pledged Partnership Interests or Pledged LLC Interests to be certificated without delivering each such certificate to the Collateral Agent in accordance with Section 4.01(a), subject to the delivery periods set
forth in Section 4.05, and such Grantor shall fulfill all other requirements under Article 4 applicable in respect thereof; provided, however, notwithstanding the foregoing, if any issuer of any Pledged Partnership Interests or
Pledged LLC Interests takes any such action in violation of the foregoing in this clause (v), such Grantor shall promptly notify the Collateral Agent in writing of any such election or action and, in such event, shall take all steps necessary or
advisable to establish the Collateral Agent’s “control” thereof. 
 (d)    Except as expressly
permitted by the Credit Agreement, without the prior written consent of the Collateral Agent, it shall not permit any issuer (that is a Subsidiary) of any Pledged Equity Interest constituting Collateral to merge or consolidate unless
(i) subject to the thresholds, exclusions and limitations (and time periods in regards to compliance) set forth (and/or referenced in) in Article 4 hereof, such issuer creates, or has previously created, a security interest that is perfected by
a filed financing statement (that is not effective solely under section 9-508 of the UCC) in collateral in which such new debtor has or acquires rights, (ii) all the outstanding capital stock or other
Equity Interests of the surviving or resulting corporation, limited liability company, partnership or other entity is, upon such merger or consolidation, pledged hereunder (subject to Section 2.02 hereof) and no cash, securities or other
property is distributed in respect of the outstanding Equity Interests of any other constituent Grantor if it is prohibited under the Credit Agreement; provided that if the surviving or resulting Grantors upon any such merger or consolidation
involves an issuer that is a First-Tier Foreign Subsidiary, then such Grantor shall only be required to pledge Equity Interests in accordance with Sections 2.01 and 2.02 and (iii) such Grantor promptly complies with the delivery and control
requirements of Article 4 hereof. 
 Section 6.07. Intellectual Property. (a) Other than to the extent permitted by the
Credit Agreement, it shall not do any act or omit to do any act whereby any of the Material Intellectual Property may lapse, or become abandoned, canceled, dedicated to the public, forfeited or unenforceable, or which would adversely affect the
validity, grant, or enforceability of the security interest granted therein unless such act or omission would not reasonably be expected to have a Material Adverse Effect. 

(b)    Other than to the extent permitted in the Credit Agreement, it shall not, with respect to any Trademarks
constituting Material Intellectual Property, cease the use of any of such Trademarks or fail to maintain the level of the quality of products sold and services rendered under any of 

  
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such Trademark at a level at least substantially consistent with the quality of such products and services as of the
RestatementSecond
Amendment Effective Date, and such Grantor shall take all reasonable steps to insure that licensees of such Trademarks use such consistent standards of quality except where the failure to use such
Trademarks, to maintain such level of quality or take such steps would not have a Material Adverse Effect. 

(c)    It shall promptly notify the Collateral Agent if it knows or has reason to know that any item of Material
Intellectual Property may become (i) abandoned or dedicated to the public or placed in the public domain, (ii) invalid or unenforceable, (iii) subject to any adverse determination or development regarding such Grantor’s
ownership, registration or use or the validity or enforceability of such item of Material Intellectual Property (including the institution of, or any such determination or development in, any action or proceeding in the United States Patent and
Trademark Office, the United States Copyright Office, any state registry within the United States or any court) unless such adverse determination or development would not reasonably be expected to have a Material Adverse Effect or (iv) the
subject of any reversion or termination rights unless becoming the subject of such reversion or termination rights would not reasonably be expected to have a Material Adverse Effect. 

(d)    Other than to the extent permitted by the Credit Agreement, it shall take all commercially reasonable steps,
including in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office, any state registry within the United States or any court, to pursue any application and maintain any registration or issuance of
each Trademark, Patent, and Copyright, that, in each case, constitutes Material Intellectual Property owned by or exclusively licensed to such Grantor, including, but not limited to, those items on Schedule 5.02(II) unless failing to take such steps
would not reasonably be expected to have a Material Adverse Effect. 
 (e)    In the event that any Material
Intellectual Property owned by or exclusively licensed to such Grantor is infringed, misappropriated, or diluted by a third party and Grantors have knowledge thereof, such Grantor shall promptly take action in response to such infringement,
misappropriation, or dilution to protect its rights in such Material Intellectual Property to the extent that such Grantor deems it commercially reasonable to do so and such infringement, misappropriation or dilution would reasonably be expected to
have a Material Adverse Effect. 
 (f)    It shall take commercially reasonable steps, consistent with industry
standards, to protect the secrecy of all Trade Secrets that constitute Material Intellectual Property (including, without limitation, entering into confidentiality agreements with employees and consultants and labeling and restricting access to
secret information and documents) unless failure to take such steps would not reasonably be expected to have a Material Adverse Effect. 

(g)    It shall use commercially reasonable efforts to use proper statutory notice, consistent with industry standards, in
connection with its use of any of the Material Intellectual Property unless failure to use proper statutory notice would not reasonably be expected to have a Material Adverse Effect. 

Section 6.08. Miscellaneous. Such Grantor shall, within thirty (30) days after the Restatement Date, with respect to any of
its Material Contracts that is a Non-Assignable Contract (other than any Material Contract that constitutes (i) an Account, Chattel Paper or Payment Intangible of such Grantor, (ii) a Specified
Minority Investment and (iii) the Specified Material Contracts) in effect on the Restatement Date and within thirty (30) days after it enters into any Material Contract (entered into after the Restatement Date) that is a Non-Assignable Contract (other than (i) an Account, Chattel Paper or 

  
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Payment Intangible of such Grantor and (ii) any Specified Minority Investment), request in writing the consent of the counterparty or counterparties to such Non-Assignable Contract pursuant to the terms of such Non-Assignable Contract or applicable law to the assignment or granting of a security interest in such Non- Assignable Contract to the Secured Parties and use commercially
reasonable efforts to obtain such consent as soon as practicable thereafter. For the avoidance of doubt, to the extent that the Grantors requested in writing the consent of the counterparty or counterparties to a
Non-Assignable Contract pursuant to the terms of such Non-Assignable Contract or applicable law to the assignment or granting of a security interest in such Non- Assignable Contract to the Secured Parties (all capitalized terms before this parenthesis in this sentence, shall be defined as defined in the Original Credit Agreement) and used commercially reasonable efforts
to obtain such consent, in each case, in accordance with Section 6.08 of the Original Creditthis Agreement (in effect immediately prior to the Second Amendment Effective Date),
the Grantors shall not be required to take any additional steps to comply with this Section 6.08 in regards to such Non-Assignable Contract. 

ARTICLE 7 
 ACCESS;
RIGHT OF INSPECTION AND FURTHER ASSURANCES; ADDITIONAL GRANTORS 

Section 7.01. Access; Right of Inspection. The Collateral Agent shall at all times, upon reasonable prior notice, have free
reasonable access during normal business hours to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, in each case,
at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense), and each Grantor agrees to render to the Collateral Agent, at such Grantor’s cost and expense,
such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall upon reasonable notice and at such reasonable times during normal business hours also have the right to enter
any premises of each Grantor one time per fiscal year (or, if an Event of default has occurred and is continuing, on an unlimited basis) and inspect any property of each Grantor where any of the Collateral is located for the purpose of inspecting
the same, observing its use or otherwise protecting its interests therein, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense). 

Section 7.02. Further Assurances. (a)
EachSubject to
Article 2, Article 4 and Article 6 hereof, each Grantor agrees that from time to time, at the expense of such Grantor, that it shall, subject to the other provisions hereof, promptly execute and
deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that the Collateral Agent may reasonably request, in order to create and/or maintain the validity, perfection or priority of and
protect any security interest granted or purported to be granted hereby or to enable the Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral. Without limiting the generality of the foregoing and
subject to Article 2, Article 4 and Article 6 hereof, in
each case, each Grantor shall: 
 (i)    file such financing or continuation statements, or amendments thereto,
record security interests in Intellectual Property and execute and deliver such other agreements, instruments, endorsements, powers of attorney or notices, as may be necessary or desirable, or as the Collateral Agent may reasonably request, in order
to effect, reflect, perfect and preserve the security interests granted or purported to be granted hereby in each case
in accordance with the provisions hereof; 
 (ii)    take
all actions necessary to ensure the recordation of appropriate evidence of the liens and security interest granted hereunder in the Intellectual Property with any intellectual property 

  
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registry in the United States in which said Intellectual Property is registered or issued or in which an application for registration or issuance is pending including, without limitation, the
United States Patent and Trademark Office, the United States Copyright Office; 
 (iii)    at any reasonable time, upon
reasonable request by the Collateral Agent, allow inspection of the Collateral by the Collateral Agent, or persons designated by the Collateral Agent (subject to Section 7.01 hereof); 

(iv)    at the Collateral Agent’s request, appear in and defend any action or proceeding that may affect such
Grantor’s title to or the Collateral Agent’s security interest in all or any material part of the Collateral; and 

(v)    furnish the Collateral Agent with such information regarding the Collateral, including, without limitation, the
location thereof, as the Collateral Agent may reasonably request from time to time. 
 (b)    Each Grantor hereby
authorizes the Collateral Agent to file a Record or Records, including, without limitation, financing or continuation statements, intellectual property security agreements and amendments to any of the foregoing, in any jurisdictions and with any
filing offices, in each case, in the United States as the Collateral Agent may determine, in its reasonable discretion, are necessary or advisable to perfect or otherwise protect the security interest granted to the Collateral Agent herein (subject
to Article 2, Article 4 and Article 6 hereof). Such financing statements may describe the Collateral in the same manner as described herein or may contain an indication or description of collateral that describes such property in any other manner as
the Collateral Agent may determine, in its reasonable discretion, is necessary, advisable or prudent to ensure the perfection of the security interest in the Collateral granted to the Collateral Agent herein, including, without limitation,
describing such property as “all assets, whether now owned or hereafter acquired, developed or created” or words of similar effect. 

Section 7.03. Additional Grantors. From time to time subsequent to the Restatement Date, additional domestic Persons may become
parties hereto as additional Grantors (each, an “Additional Grantor”), by executing a Pledge Supplement. Upon delivery of any such Pledge Supplement to the Collateral Agent, notice of which is hereby waived by Grantors, each
Additional Grantor shall be a Grantor and shall be as fully a party hereto as if Additional Grantor were an original signatory hereto. Each Grantor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the
addition or release of any other Grantor hereunder, nor by any election of the Collateral Agent not to cause any Subsidiary of Company to become an Additional Grantor hereunder. This Agreement shall be fully effective as to any Grantor that is or
becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Grantor hereunder. 
 ARTICLE 8

 COLLATERAL AGENT APPOINTED
ATTORNEY-IN-FACT 

Section 8.01. Power of Attorney. Each Grantor hereby irrevocably appoints the Collateral Agent (such appointment being coupled
with an interest) as such Grantor’s attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor, the Collateral
Agent or otherwise, from time to time in the Collateral Agent’s reasonable discretion to take any action and to execute any instrument that the Collateral Agent may deem reasonably necessary or advisable to accomplish the purposes of this
Agreement. Without limiting the generality of the foregoing, the 

  
 27 

 
Collateral Agent shall have the right, upon the occurrence and during the continuance of an Event of Default (other than in regards to clauses (e) and (f) below, which the Collateral Agent
may do under this Section 8.01 whether or not an Event of Default has occurred and is continuing): 
 (a)    to
obtain and adjust insurance required to be maintained by such Grantor or paid to the Collateral Agent pursuant to and to the extent provided in the Credit Agreement; 

(b)    to ask for, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due
and to become due under or in respect of any of the Collateral; 
 (c)    to receive, endorse and collect any drafts or
other instruments, documents and chattel paper in connection with clause (b) above; 
 (d)    to file any claims or
take any action or institute any proceedings that the Collateral Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Collateral Agent with respect to any of the Collateral; 

(e)    to prepare and file any UCC financing statements against such Grantor as debtor covering the Collateral; 

(f)    subject to any exceptions contained in Article 2 and Article 4 hereof, to prepare, sign, and file for recordation
in any intellectual property registry within the United States, appropriate evidence of the lien and security interest granted herein in the Intellectual Property in the name of such Grantor as debtor; 

(g)    to take or cause to be taken all actions necessary to perform or comply or cause performance or compliance with the
terms of this Agreement, including, without limitation, access to pay or discharge taxes or Liens (other than Permitted Liens) levied or placed upon or threatened against the Collateral, the legality or validity thereof and the amounts necessary to
discharge the same to be determined by the Collateral Agent in its sole discretion, any such payments made by the Collateral Agent to become obligations of such Grantor to the Collateral Agent, due and payable immediately without demand; and 

(h)    subject to applicable law, generally to sell, transfer, lease, license, pledge, make any agreement with respect to
or otherwise deal with any of the Collateral as fully and completely as though the Collateral Agent were the absolute owner thereof for all purposes, and to do, at the Collateral Agent’s option and such Grantor’s expense, at any time or
from time to time, all acts and things that the Collateral Agent deems reasonably necessary to protect, preserve or realize upon the Collateral and the Collateral Agent’s security interest therein in order to effect the intent of this
Agreement, all as fully and effectively as such Grantor might do. 
 Section 8.02. No Duty On The Part Of Collateral Agent Or
Secured Parties. The powers conferred on the Collateral Agent hereunder are solely to protect the interests of the Secured Parties in the Collateral and shall not impose any duty upon the Collateral Agent or any Secured Party to exercise any
such powers. The Collateral Agent and the Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, employees or agents shall
be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct. 

  
 28 

 Section 8.03. Appointment Pursuant to Credit Agreement. The Collateral Agent has
been appointed as collateral agent pursuant to the Credit Agreement. The rights, duties, privileges, immunities and indemnities of the Collateral Agent hereunder are subject to the provisions of the Credit Agreement. 

ARTICLE 9 
 REMEDIES

 Section 9.01. Generally. (a) If any Event of Default shall have occurred and be continuing, the Collateral Agent
may exercise in respect of the Collateral, in addition to all other rights and remedies provided for herein or otherwise available to it at law or in equity, all the rights and remedies of the Collateral Agent on default under the UCC (whether or
not the UCC applies to the affected Collateral) to collect, enforce or satisfy any Secured Obligations then owing, whether by acceleration or otherwise, and also may pursue any of the following separately, successively or simultaneously: 

(i)    require any Grantor to, and each Grantor hereby agrees that it shall at its expense and promptly upon request of
the Collateral Agent forthwith, assemble all or part of the Collateral as directed by the Collateral Agent and make it available to the Collateral Agent at a place to be designated by the Collateral Agent that is reasonably convenient to both
parties; 
 (ii)    enter onto the property where any Collateral is located and take possession thereof with or without
judicial process; 
 (iii)    prior to the disposition of the Collateral, store, process, repair or recondition the
Collateral or otherwise prepare the Collateral for disposition in any manner to the extent the Collateral Agent deems appropriate; and 

(iv)    without notice except as specified below or under the UCC, sell, assign, lease, license (on an exclusive or
nonexclusive basis) or otherwise dispose of the Collateral or any part thereof in one or more parcels at public or private sale, at any of the Collateral Agent’s offices or elsewhere, for cash, on credit or for future delivery, at such time or
times and at such price or prices and upon such other terms as the Collateral Agent may deem commercially reasonable. 

(b)    The Collateral Agent or any Secured Party may be the purchaser of any or all of the Collateral at any public or
private (to the extent to the portion of the Collateral being privately sold is of a kind that is customarily sold on a recognized market or the subject of widely distributed standard price quotations) sale in accordance with the UCC and the
Collateral Agent, as collateral agent for and representative of the Secured Parties, shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such sale
made in accordance with the UCC, to use and apply any of the Secured Obligations as a credit on account of the purchase price for any Collateral payable by the Collateral Agent at such sale. Each purchaser at any such sale shall hold the property
sold absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by applicable law) all rights of redemption, stay and/or appraisal which it now has or may at any time in the future
have under any rule of law or statute now existing or hereafter enacted. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days’ notice to such Grantor of the time and place of any public
sale or the time after which any private sale is to be made shall constitute reasonable notification. The Collateral Agent 

  
 29 

 
shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Collateral Agent may adjourn any public or private sale from time to time by announcement
at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor agrees that it would not be commercially unreasonable for the Collateral Agent to dispose of
the Collateral or any portion thereof by using Internet sites that provide for the auction of assets of the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers of assets. Each Grantor
hereby waives any claims against the Collateral Agent arising by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price which might have been obtained at a public sale, even if the
Collateral Agent accepts the first offer received and does not offer such Collateral to more than one offeree. If the proceeds of any sale or other disposition of the Collateral are insufficient to pay all the Secured Obligations, the Grantors shall
be liable for the deficiency and the fees of any attorneys employed by the Collateral Agent to collect such deficiency. Each Grantor further agrees that a breach of any of the covenants contained in this Section will cause irreparable injury to the
Collateral Agent, that the Collateral Agent has no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this Section shall be specifically enforceable against such Grantor, and such
Grantor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants except for a defense that no default has occurred giving rise to the Secured Obligations becoming due and payable prior to their
stated maturities. Nothing in this Section shall in any way limit the rights of the Collateral Agent hereunder. 

(c)    The Collateral Agent may sell the Collateral without giving any warranties as to the Collateral. The Collateral
Agent may specifically disclaim or modify any warranties of title or the like. This procedure will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral. 

(d)    The Collateral Agent shall have no obligation to marshal any of the Collateral. 

Section 9.02. Application of Proceeds. Except as expressly provided elsewhere in this Agreement, all proceeds of Collateral
received by the Collateral Agent in the event that an Event of Default shall have occurred, is continuing and has not otherwise
been waived, and the maturity of the Obligations shall have been accelerated pursuant to Section 8.02 of the Credit Agreement and in respect of any sale of, any collection from, or other realization upon all or any part of the Collateral shall
be applied in full or in part by the Collateral Agent against the Secured Obligations in the order of priority set forth in Section 8.03 of the Credit Agreement. 

Section 9.03. Sales on Credit. If Collateral Agent sells any of the Collateral upon credit, the Grantor will be credited only with
payments actually made by purchaser and received by the Collateral Agent and applied to indebtedness of the purchaser. In the event the purchaser fails to pay for the Collateral, Collateral Agent may resell the Collateral and Grantor shall be
credited with proceeds of the sale. 
 Section 9.04. Investment Related Property. Each Grantor recognizes that, by reason of
certain prohibitions contained in the Securities Act and applicable state securities laws, the Collateral Agent may be compelled, with respect to any sale of all or any part of the Investment Related Property included in the Collateral conducted
without prior registration or qualification of such Investment Related Property included in the Collateral under the Securities Act and/or such state securities laws, to limit purchasers to those who will agree, among other things, to acquire the
Investment Related Property included in the Collateral for their own account, for investment and not with a view to the distribution or 

  
 30 

 
resale thereof. Each Grantor acknowledges that any such private sale may be at prices and on terms less favorable than those obtainable through a public sale without such restrictions (including
a public offering made pursuant to a registration statement under the Securities Act) and, notwithstanding such circumstances, each Grantor agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and
that the Collateral Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Investment Related Property included in the Collateral for the period of time necessary to permit the issuer thereof to register
it for a form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would, or should, agree to so register it. If the Collateral Agent determines to exercise its right to sell
any or all of the Investment Related Property included in the Collateral, upon written request, each Grantor shall and shall cause each issuer of any Pledged Stock to be sold hereunder, each partnership and each limited liability company from time
to time to furnish to the Collateral Agent all such information as the Collateral Agent may request in order to determine the number and nature of interest, shares or other instruments included in the Investment Related Property included in the
Collateral which may be sold by the Collateral Agent in exempt transactions under the Securities Act and the rules and regulations of the Securities and Exchange Commission thereunder, as the same are from time to time in effect. 

Section 9.05. Grant of Intellectual Property License. For the purpose of enabling the Collateral Agent, during the continuance of
an Event of Default, to exercise rights and remedies under Article 9 hereof at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Grantor hereby grants to the Collateral
Agent, to the extent assignable, an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to such Grantor), subject, in the case of Trademarks, to sufficient rights
to quality control and inspection in favor of such Grantor to avoid the risk of invalidation of said Trademarks, to use, assign, license or sublicense any of the Intellectual Property now owned or hereafter acquired, developed or created by such
Grantor, wherever the same may be located. Such license shall include access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout hereof. 

Section 9.06. Intellectual Property. (a) Anything contained herein to the contrary notwithstanding, in addition to the other
rights and remedies provided herein, upon the occurrence and during the continuation of an Event of Default: 

(i)    the Collateral Agent shall have the right (but not the obligation) to bring suit or otherwise commence any action
or proceeding in the name of any Grantor, the Collateral Agent or otherwise, in the Collateral Agent’s sole discretion, to enforce any Intellectual Property rights, in which event such Grantor shall, at the request of the Collateral Agent, do
any and all lawful acts and execute any and all documents required by the Collateral Agent in aid of such enforcement and such Grantor shall promptly, upon demand, reimburse and indemnify the Collateral Agent as provided in Article 1210 hereof in connection with the exercise of its rights under this Section, and, to the extent that the Collateral Agent shall elect not to bring suit to enforce any Intellectual Property rights as provided in this
Section, upon acceleration of the Obligations, each Grantor agrees to use commercially reasonable measures, whether by action, suit, proceeding or otherwise, to prevent the infringement, misappropriation, dilution or other violation of any of
such Grantor’s rights in the Intellectual Property by others and for that purpose agrees to diligently maintain any action, suit or proceeding against any Person so infringing, misappropriating, diluting or otherwise violating as shall be
necessary to prevent such infringement, misappropriation, dilution or other violation; 

  
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 (ii)    upon written demand from the Collateral Agent, for the purpose
of enabling the Collateral Agent, to exercise rights and remedies under Article 9 hereof at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Grantor shall grant,
assign, convey or otherwise transfer to the Collateral Agent or such Collateral Agent’s designee all of such Grantor’s right, title and interest in and to the Intellectual Property and shall execute and deliver to the Collateral Agent such
documents as are necessary or appropriate to carry out the intent and purposes of this Agreement, in each case, in accordance with applicable law; 

(iii)    each Grantor agrees that such an assignment and/or recording shall be applied to reduce the Secured Obligations
outstanding only to the extent that the Collateral Agent (or any Secured Party) receives cash proceeds in respect of the sale of, or other realization upon, the Intellectual Property; 

(iv)    Reserved; and 

(v)    the Collateral Agent shall have the right to notify, or require each Grantor to notify, any obligors with respect
to amounts due or to become due to such Grantor in respect of the Intellectual Property, of the existence of the security interest created herein, to direct such obligors to make payment of all such amounts directly to the Collateral Agent, and,
upon such notification and at the expense of such Grantor, to enforce collection of any such amounts and to adjust, settle or compromise the amount or payment thereof, in the same manner and to the same extent as such Grantor might have done: 

(A)    all amounts and proceeds (including checks and other instruments) received by Grantor in respect of amounts due to
such Grantor in respect of the Collateral or any portion thereof shall be received in trust for the benefit of the Collateral Agent hereunder, shall be segregated from other funds of such Grantor and shall be forthwith paid over or delivered to the
Collateral Agent in the same form as so received (with any necessary endorsement) to be held as cash Collateral and applied as provided by Section 9.07 hereof; and 

(B)    the Grantor shall not adjust, settle or compromise the amount or payment of any such amount or release wholly or
partly any obligor with respect thereto or allow any credit or discount thereon. 
 (b)    If (i) an Event of
Default shall have occurred and, by reason of cure, waiver, modification, amendment or otherwise, no longer be continuing, (ii) no other Event of Default shall have occurred and be continuing, (iii) an assignment or other transfer to the
Collateral Agent of any rights, title and interests in and to the Intellectual Property shall have been previously made and shall have become absolute and effective, and (iv) the Secured Obligations shall not have become immediately due and
payable, upon the written request of any Grantor, the Collateral Agent shall promptly execute and deliver to such Grantor, at such Grantor’s sole cost and expense, such assignments or other transfer as may be necessary to reassign to such
Grantor any such rights, title and interests as may have been assigned to the Collateral Agent as aforesaid, subject to any disposition thereof that may have been made by the Collateral Agent; provided, after giving effect to such
reassignment, the Collateral Agent’s security interest granted pursuant hereto, as well as all other rights and remedies of the Collateral Agent granted hereunder, shall continue to be in full force and effect; and provided further, the
rights, title and interests so reassigned shall be free and clear of any other Liens granted by or on behalf of the Collateral Agent and the Secured Parties. 

  
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 Section 9.07. Cash Proceeds; Deposit Accounts. (a) If any Event of Default
shall have occurred and be continuing, in addition to the rights of the Collateral Agent specified in Section 6.05 with respect to payments of Receivables and solely after the Collateral Agent so directs the Grantors in writing, all proceeds of
any Collateral received by any Grantor consisting of cash, checks and other near-cash items (collectively, “Cash Proceeds”), shall be deemed to be held by such Grantor in trust for the Collateral Agent and, upon the written
direction of the Collateral Agent, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Collateral Agent in the exact form received by such Grantor (duly indorsed by such Grantor to
the Collateral Agent, if required) and held by the Collateral Agent in the Collateral Account. Any Cash Proceeds received by the Collateral Agent (whether from a Grantor or otherwise) during the continuation of any Event(s) of Default may, in the
sole discretion of the Collateral Agent, (i) may be applied by the Collateral Agent against the Secured Obligations then due and owing and/or (ii) if all of such Obligations then due and owing have been paid in full, be held by the
Collateral Agent for the ratable benefit of the Secured Parties, as collateral security for the Secured Obligations (whether matured or unmatured) only for so long as it reasonably appears there may be additional Secured Obligations that arise. 

ARTICLE 10 

COLLATERAL AGENT 

The provisions of Article 9 and Section 10.04(b) of the Credit Agreement shall inure to the benefit of the Collateral Agent, and shall be
binding upon all Grantors and all Secured Parties, in connection with this Agreement and the other Collateral Documents, as if references therein to the Administrative Agent were to the Collateral Agent. 

ARTICLE 11 

CONTINUING SECURITY INTEREST; TRANSFER OF LOANS 

This Agreement shall create a continuing security interest in the Collateral and shall remain in full force and effect until the payment in
full of all Secured Obligations (other than contingent indemnification obligations as to which no claim has been made or notice has been given), the cancellation or termination of the Commitments and the cancellation, expiration, posting of backstop
letters of credit or cash collateralization of all outstanding Letters of Credit satisfactory to the issuer(s) of such Letters of Credit, be binding upon each Grantor, its successors and assigns, and inure, together with the rights and remedies of
the Collateral Agent hereunder, to the benefit of the Collateral Agent and its successors, transferees and assigns. Without limiting the generality of the foregoing, any Lender may assign or otherwise transfer any Loans held by it and such assignee
shall thereupon become vested with all the benefits in respect thereof granted to the Lenders herein or otherwise, in
each case, subject and pursuant to the provisions set forth in the Credit Agreement. Upon
(x) the payment in full of all Secured Obligations
(other than contingent indemnification obligations as to which no claim has been made or notice has been given), the cancellation or termination of the Commitments and the cancellation, expiration, posting of backstop letters of credit or cash
collateralization of all outstanding Letters of Credit satisfactory to the issuer(s) of such Letters of Credit, or (y) the occurrence of a Collateral Release Date and the
Company’s delivery of written notice to the Collateral Agent notifying the Collateral Agent that a Collateral Release Date has occurred (until the occurrence of a Collateral Reinstatement Date and delivery of written notice by Collateral Agent
to Company of the same), the security interest granted hereby shall automatically terminate hereunder and of record and all rights to the Collateral shall revert to the Grantors. Upon any such
termination the Collateral Agent shall, at the Grantors’ expense, execute and deliver to the Grantors or otherwise authorize the filing of such documents as the Grantors shall 

  
 33 

 
reasonably request, including financing statement amendments and/or termination statements to evidence such termination. Upon any disposition of property permitted by the Credit Agreement, the
Liens granted herein on and with respect to such property shall be deemed to be automatically released and such property shall automatically revert to the applicable Grantor with no further action on the part of any Person. Notwithstanding the
immediately preceding sentence, the Collateral Agent shall, at the applicable Grantor’s expense, execute and deliver or otherwise authorize the filing of such documents as such Grantor shall reasonably request, in form and substance reasonably
satisfactory to the Collateral Agent, including financing statement amendments to evidence such release in accordance with Section 9.10 of the Credit Agreement. 

ARTICLE 12 

STANDARD OF CARE; COLLATERAL AGENT MAY
PERFORM 
 The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Collateral and
shall not impose any duty upon it to exercise any such powers. Except for the exercise of reasonable care in the custody of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall
have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral. The Collateral Agent shall be deemed to have exercised reasonable care in the
custody and preservation of Collateral in its possession if such Collateral is accorded treatment substantially equal to that which the Collateral Agent accords its own property. Neither the Collateral Agent nor any of its directors, officers,
employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any
Grantor or otherwise. If any Grantor fails to timely perform any agreement contained herein while an Event of Default is continuing, the Collateral Agent may itself perform, or cause performance of, such agreement, and the expenses of the Collateral
Agent incurred in connection therewith shall be payable by each Grantor under Section 10.04 of the Credit Agreement. 
 ARTICLE 13 

MISCELLANEOUS 
 Any
notice required or permitted to be given under this Agreement shall be given in accordance with Section 10.02 of the Credit Agreement. No failure or delay on the part of the Collateral Agent in the exercise of any power, right or privilege
hereunder or under any other Loan Document shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude
other or further exercise thereof or of any other power, right or privilege. All rights and remedies existing under this Agreement and the other Loan Documents are cumulative to, and not exclusive of, any rights or remedies otherwise available. In
case any provision in or obligation under this Agreement shall be invalid, illegal or unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any
other jurisdiction, shall not in any way be affected or impaired thereby. All covenants hereunder shall be given independent effect so that if a particular action or condition is not permitted by any of such covenants, the fact that it would be
permitted by an exception to, or would otherwise be within the limitations of, another covenant shall not avoid the occurrence of a Default or an Event of Default if such action is taken or condition exists. This Agreement shall be binding upon and
inure to the benefit of the Collateral Agent and the Grantors and their respective successors and assigns to the extent permitted by the Credit Agreement. No Grantor shall, 

  
 34 

 
without the prior written consent of the Collateral Agent given in accordance with the Credit Agreement, assign any right, duty or obligation hereunder. This Agreement and the other Loan
Documents embody the entire agreement and understanding between the Grantors and the Collateral Agent and supersede all prior agreements and understandings between such parties relating to the subject matter hereof and thereof. Accordingly, the Loan
Documents may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. This Agreement may be executed in one or more counterparts and by
different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may be detached from
multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. 

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW
OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF) SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THEREOF THAT WOULD RESULT IN THE
APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK (OTHER THAN ANY MANDATORY PROVISIONS OF THE UCC RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST). 

SECTIONS 10.14(B), 10.14(C), 10.14(D) AND 10.15 OF THE CREDIT AGREEMENT ARE INCORPORATED HEREIN BY THIS REFERENCE AND SUCH INCORPORATION
SHALL SURVIVE ANY TERMINATION OF THE CREDIT AGREEMENT. 
 ARTICLE 14 

AMENDMENT AND RESTATEMENT. 

On the Restatement Date, the Existing Security Agreement shall be amended and restated in its entirety by this Agreement, and the Existing
Security Agreement shall thereafter be and shall be deemed replaced and superseded in all respects by this Agreement. The parties hereto acknowledge and agree that (i) this Agreement and the other Loan Documents, whether executed and delivered
in connection herewith or otherwise, do not constitute a novation or termination of the Obligations under the Existing Security Agreement or the other Loan Documents as in effect prior to the Restatement Date and which remain outstanding as of the
Restatement Date, (ii) the Obligations under the Existing Security Agreement and the other Loan Documents are in all respects continuing (as amended and restated hereby and which are in all respects hereinafter subject to the terms herein) and
(iii) without in any way limiting the grant of security pursuant to Section 2 of this Agreement, the Liens and security interests as granted under the Existing Security Agreement and the other applicable Loan Documents securing payment of
such Obligations are in all respects continuing and in full force and effect and are reaffirmed hereby. To the extent applicable, the Grantors hereby acknowledge, confirm and agree that any financing statements, filings with the United States Patent
and Trademark Office or the United States Copyright Office or other instruments similar in effect to the foregoing under applicable law covering all or any part of the Collateral previously filed in favor of the Collateral Agent under the Existing
Security Agreement are in full force and effect as of the date hereof and each Grantor ratifies its authorization for the Collateral Agent to file in any relevant jurisdictions any such financing statement or other instrument relating to all or any
part of the Collateral if filed prior to the date hereof. 

  
 35 

 [Remainder of page intentionally left blank] 

  
 36 

 IN WITNESS WHEREOF, each Grantor and the Collateral Agent have caused this Agreement to be
duly executed and delivered by their respective officers thereunto duly authorized as of the date first written above.EX-10.5

 Exhibit 10.5 

CONFIDENTIAL 
  

 
  

SALE AND PURCHASE AGREEMENT 
 by
and among 
 TRUEBRIDGE CAPITAL PARTNERS LLC, 

TRUEBRIDGE COLONIAL FUND, U/A DATED 11/15/2015, 

MAW MANAGEMENT CO., 
 EDWIN POSTON
AND MEL A. WILLIAMS 
 (SOLELY IN THEIR CAPACITY AS THE SELLER REPRESENTATIVE), 

EDWIN POSTON 
 (SOLELY FOR PURPOSES
OF SECTIONS 8.7 AND 11.9), 
 MEL A. WILLIAMS 

(SOLELY FOR PURPOSES OF SECTIONS 8.7 AND 11.10), 

P10 INTERMEDIATE HOLDINGS LLC, 

and 
 P10 HOLDINGS, INC. 

(SOLELY FOR PURPOSES OF SECTION 11.11) 

Dated as of August 24, 2020 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 SECTION 1. DEFINITIONS
	  	 	2	 
		
	 SECTION 2. PURCHASE AND SALE OF INTERESTS
	  	 	19	 
	 2.1
	  	Purchase and Sale	  	 	19	 
	 2.2
	  	Withholding Rights	  	 	20	 
		
	 SECTION 3. PURCHASE PRICE
	  	 	20	 
	 3.1
	  	Closing Purchase Price	  	 	20	 
	 3.2
	  	Post-Closing Closing Payment Adjustments	  	 	22	 
		
	 SECTION 4. CLOSING
	  	 	25	 
		
	 SECTION 5. REPRESENTATIONS AND WARRANTIES REGARDING THE COMPANY
	  	 	25	 
	 5.1
	  	Formation	  	 	25	 
	 5.2
	  	Qualification to Do Business	  	 	25	 
	 5.3
	  	No Conflict or Violation	  	 	25	 
	 5.4
	  	Consents and Approvals	  	 	26	 
	 5.5
	  	Authorization and Validity of Agreement	  	 	26	 
	 5.6
	  	Capitalization and Related Matters; Equity Investments	  	 	26	 
	 5.7
	  	Financial Statements	  	 	27	 
	 5.8
	  	Absence of Certain Changes or Events	  	 	27	 
	 5.9
	  	Tax Matters	  	 	28	 
	 5.10
	  	Absence of Undisclosed Liabilities	  	 	29	 
	 5.11
	  	Leases	  	 	30	 
	 5.12
	  	Assets	  	 	30	 
	 5.13
	  	Intellectual Property	  	 	31	 
	 5.14
	  	Licenses and Permits	  	 	31	 
	 5.15
	  	Compliance with Law	  	 	32	 
	 5.16
	  	Litigation; Orders	  	 	33	 
	 5.17
	  	Contracts	  	 	33	 
	 5.18
	  	Employee Plans	  	 	35	 
	 5.19
	  	Labor Matters	  	 	37	 
	 5.20
	  	Insurance	  	 	38	 
	 5.21
	  	Transactions with Directors, Officers, Members and Affiliates	  	 	38	 
	 5.22
	  	Environmental Matters	  	 	38	 
	 5.23
	  	Investment Adviser Activities	  	 	39	 
	 5.24
	  	Clients and Investment Contracts	  	 	40	 
	 5.25
	  	Code of Ethics; Compliance Procedures; Compliance	  	 	40	 
	 5.26
	  	Form ADV	  	 	41	 
	 5.27
	  	Additional Representations and Warranties Regarding the TB Funds	  	 	41	 
	 5.28
	  	No Brokers	  	 	43	 
	 5.29
	  	Regulatory Reports; Filings	  	 	43	 

  
 (i) 

							
	 5.30
	  	Additional Representations and Warranties Regarding the Company Group GP Entities	  	 	43	 
	 5.31
	  	Exclusivity of Representations	  	 	44	 
		
	 SECTION 6. REPRESENTATIONS AND WARRANTIES OF THE SELLERS
	  	 	44	 
	 6.1
	  	Incorporation; Authorization and Validity	  	 	45	 
	 6.2
	  	No Conflict or Violation	  	 	45	 
	 6.3
	  	Consents and Approvals	  	 	45	 
	 6.4
	  	Interests	  	 	45	 
	 6.5
	  	Litigation	  	 	46	 
	 6.6
	  	No Brokers	  	 	46	 
	 6.7
	  	Exclusivity of Representations	  	 	46	 
		
	 SECTION 7. REPRESENTATIONS AND WARRANTIES OF THE BUYER
	  	 	46	 
	 7.1
	  	Formation	  	 	46	 
	 7.2
	  	Qualification to Do Business	  	 	47	 
	 7.3
	  	No Conflict or Violation	  	 	47	 
	 7.4
	  	Consents and Approvals	  	 	48	 
	 7.5
	  	Authorization and Validity of Agreement	  	 	48	 
	 7.6
	  	Capitalization	  	 	48	 
	 7.7
	  	Financial Statements	  	 	49	 
	 7.8
	  	Absence of Certain Changes or Events	  	 	50	 
	 7.9
	  	Tax Matters	  	 	50	 
	 7.10
	  	Absence of Undisclosed Liabilities	  	 	52	 
	 7.11
	  	Leases	  	 	52	 
	 7.12
	  	Assets	  	 	52	 
	 7.13
	  	Intellectual Property	  	 	53	 
	 7.14
	  	Licenses and Permits	  	 	53	 
	 7.15
	  	Compliance with Law	  	 	53	 
	 7.16
	  	Litigation; Orders	  	 	54	 
	 7.17
	  	Contracts	  	 	55	 
	 7.18
	  	Employee Plans	  	 	56	 
	 7.19
	  	Labor Matters	  	 	58	 
	 7.20
	  	Insurance	  	 	59	 
	 7.21
	  	Transactions with Directors, Officers, Members and Affiliates	  	 	59	 
	 7.22
	  	Environmental Matters	  	 	59	 
	 7.23
	  	Investment Adviser Activities	  	 	60	 
	 7.24
	  	Clients and Investment Contracts	  	 	60	 
	 7.25
	  	Form ADV	  	 	61	 
	 7.26
	  	Additional Representations and Warranties Regarding the Buyer Group Funds	  	 	61	 
	 7.27
	  	Code of Ethics; Compliance Procedures; Compliance	  	 	62	 
	 7.28
	  	Regulatory Reports; Filings	  	 	63	 
	 7.29
	  	Additional Representations and Warranties Regarding the Buyer Group GP Entities	  	 	63	 
	 7.30
	  	No Brokers	  	 	63	 
	 7.31
	  	Financing	  	 	63	 

  
 (ii) 

							
	 7.32
	  	R&W Policy	  	 	64	 
	 7.33
	  	Exclusivity of Representations	  	 	65	 
		
	 SECTION 8. COVENANTS OF THE SELLERS AND THE COMPANY
	  	 	65	 
	 8.1
	  	Conduct of Business Before the Closing Date	  	 	65	 
	 8.2
	  	Consents and Approvals	  	 	68	 
	 8.3
	  	Access to Properties and Records	  	 	68	 
	 8.4
	  	Advisory Client Consent Process	  	 	69	 
	 8.5
	  	Negotiations	  	 	69	 
	 8.6
	  	Efforts	  	 	70	 
	 8.7
	  	Restrictive Covenants	  	 	70	 
	 8.8
	  	Employee Matters	  	 	73	 
	 8.9
	  	Financing	  	 	73	 
	 8.10
	  	Control of Company Group GP Entities and Assignment of Economic Interests	  	 	74	 
		
	 SECTION 9. COVENANTS OF THE BUYER
	  	 	74	 
	 9.1
	  	Actions Before Closing Date	  	 	74	 
	 9.2
	  	Consents and Approvals	  	 	74	 
	 9.3
	  	Employee Matters	  	 	75	 
	 9.4
	  	Capital Contributions and Carried Interest; Fund Administration	  	 	77	 
	 9.5
	  	R&W Policy	  	 	77	 
	 9.6
	  	Release	  	 	78	 
	 9.7
	  	Financing	  	 	79	 
		
	 SECTION 10. TAXES
	  	 	80	 
	 10.1
	  	Transfer Taxes	  	 	80	 
	 10.2
	  	Tax Matters	  	 	81	 
		
	 SECTION 11. INDEMNIFICATION
	  	 	84	 
	 11.1
	  	Survival	  	 	84	 
	 11.2
	  	Indemnification by the Sellers	  	 	85	 
	 11.3
	  	Indemnification by the Buyer	  	 	85	 
	 11.4
	  	Limitations and Other Terms	  	 	85	 
	 11.5
	  	Procedures for Indemnification	  	 	87	 
	 11.6
	  	Exclusive Remedy	  	 	88	 
	 11.7
	  	Indemnification Payments	  	 	89	 
	 11.8
	  	Purchase Price Adjustment	  	 	89	 
	 11.9
	  	Guarantee by TCF	  	 	89	 
	 11.10
	  	Guarantee by MAW	  	 	90	 
	 11.11
	  	Guarantee by Guarantor	  	 	91	 
		
	 SECTION 12. CONDITIONS PRECEDENT TO PERFORMANCE BY THE SELLERS, THE SELLER OWNERS AND
THE COMPANY
	  	 	91	 
	 12.1
	  	Representations and Warranties of the Buyer	  	 	92	 
	 12.2
	  	Performance of the Obligations of the Buyer	  	 	92	 
	 12.3
	  	Consents and Approvals	  	 	92	 

  
 (iii) 

							
	 12.4
	  	No Violation of Orders	  	 	92	 
	 12.5
	  	Closing Certificate	  	 	92	 
	 12.6
	  	Buyer LLC Agreement	  	 	92	 
	 12.7
	  	No Buyer Group Material Adverse Effect	  	 	92	 
		
	 SECTION 13. CONDITIONS PRECEDENT TO PERFORMANCE BY THE BUYER
	  	 	92	 
	 13.1
	  	Representations and Warranties of the Company and the Sellers	  	 	93	 
	 13.2
	  	Performance of the Obligations of the Sellers and the Company	  	 	93	 
	 13.3
	  	Consents and Approvals	  	 	93	 
	 13.4
	  	No Violation of Orders	  	 	93	 
	 13.5
	  	No Company Group Material Adverse Effect	  	 	93	 
	 13.6
	  	Payoff of Indebtedness	  	 	93	 
	 13.7
	  	FIRPTA Affidavit	  	 	94	 
	 13.8
	  	Closing Certificate	  	 	94	 
	 13.9
	  	Company LLC Agreement	  	 	94	 
	 13.10
	  	Buyer LLC Agreement	  	 	94	 
	 13.11
	  	Pre-Closing Restructuring	  	 	94	 
		
	 SECTION 14. TERMINATION
	  	 	94	 
	 14.1
	  	Conditions of Termination	  	 	94	 
	 14.2
	  	Effect of Termination	  	 	95	 
		
	 SECTION 15. MISCELLANEOUS.
	  	 	96	 
	 15.1
	  	Successors and Assigns	  	 	96	 
	 15.2
	  	Governing Law, Jurisdiction; Forum	  	 	96	 
	 15.3
	  	Expenses	  	 	96	 
	 15.4
	  	Severability	  	 	97	 
	 15.5
	  	Notices	  	 	97	 
	 15.6
	  	Amendments; Waivers	  	 	98	 
	 15.7
	  	Public Announcements and Confidentiality	  	 	98	 
	 15.8
	  	Confidential Information	  	 	98	 
	 15.9
	  	Entire Agreement	  	 	99	 
	 15.10
	  	Parties in Interest	  	 	99	 
	 15.11
	  	Scheduled Disclosures	  	 	99	 
	 15.12
	  	Section and Paragraph Headings	  	 	100	 
	 15.13
	  	Counterparts	  	 	100	 
	 15.14
	  	Authorization of Seller Representative	  	 	100	 
	 15.15
	  	Non-Recourse	  	 	102	 
	 15.16
	  	Specific Enforcement	  	 	102	 
	 15.17
	  	Conflicts; Privileges	  	 	103	 

  
 (iv) 

 Exhibits 
  

			
	 Exhibit A
	  	 Side Letter Agreement

	 Exhibit B
	  	 Form of Buyer LLC Agreement

	 Exhibit C
	  	 Form of Notice

	 Exhibit D
	  	 Form of Company LLC Agreement

	 Exhibit E
	  	 Form of Press Release

  
 (v) 

 SALE AND PURCHASE AGREEMENT 

SALE AND PURCHASE AGREEMENT, dated as of August 24, 2020 (this “Agreement”), by and among TrueBridge Capital Partners
LLC, a Delaware limited liability company (the “Company”), TrueBridge Colonial Fund, u/a dated 11/15/2015 (“TCF”), MAW Management Co., a Delaware corporation (“MAW” and, together with TCF, the
“Sellers”), Edwin Poston (“Poston”), solely for purposes of Sections 8.7 and 11.9, Mel A. Williams (“Williams” and, together with Poston, the “Seller Owners”), solely
for purposes of Sections 8.7 and 11.10, Poston and Williams (in their capacity as the Seller Representative), P10 Intermediate Holdings LLC, a Delaware limited liability company (the “ Buyer”), and P10 Holdings, Inc.,
a Delaware corporation (the “Guarantor”), solely for purposes of Section 11.11. Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in SECTION 1. 

WITNESSETH: 
 WHEREAS, the
Company is engaged in the business of providing Investment Management Services; 
 WHEREAS, the Sellers collectively own all of the issued
and outstanding membership interests of the Company (the “Interests”); 
 WHEREAS, Poston is the trustee of TCF; WHEREAS,
Williams is the sole stockholder of MAW; 
 WHEREAS, the Buyer desires to purchase the Interests from the Sellers, and the Sellers desire to
sell the Interests to the Buyer, in each case upon the terms and subject to the conditions set forth in this Agreement; 
 WHEREAS,
simultaneously herewith, each of the Seller Owners has entered into an employment agreement with the Company (each, an “Employment Agreement”) to be effective at (and subject to the occurrence of) the Closing; 

WHEREAS, simultaneously herewith, the Buyer, the Company and the Sellers therein have entered into a side letter agreement (the “Side
Letter Agreement”) in the form attached hereto as Exhibit A and to be effective at (and subject to the occurrence of) the Closing; and 

WHEREAS, simultaneously herewith, the Sellers have entered into an amendment to that certain Equityholders Agreement (the
“Equityholders Agreement Amendment”), dated as of January 16, 2020, by and among Thomas P. Danis, Jr. as Trustee of the Thomas P. Danis, Jr. Revocable Living Trust dated March 10, 2003, as amended, Jeff P. Gehl as Trustee
of the Jeff P. Gehl Living Trust dated January 25, 2011, Charles K. Huebner as Trustee of the Charles K. Huebner Trust dated January 16, 2001, Souder Family LLC, a Delaware limited liability company, Jon I. Madorsky as Trustee of the Jon
I. Madorsky Revocable Trust dated December 1, 2008, David McCoy, Alexander Abell, Michael Feinglass, Andrew Nelson and Nell Blatherwick, 210/P10 Acquisition Partners, LLC, a Texas limited liability company, Keystone Capital XXX, LLC, a Delaware
limited liability company, David G. Townsend, Trustee of the David G. Townsend Revocable Living Trust Agreement Dated 9-9-2004, Martin P. Gilmore, Trustee of the Martin
Paul Gilmore 2008 Revocable Trust dated March 17, 2008, Thomas H. Westbrook, Christopher N. Jones, the Buyer and the Guarantor, to be effective at (and subject to the occurrence of) the Closing. 

 NOW, THEREFORE, in consideration of the foregoing and the respective covenants and
agreements hereinafter contained, the parties hereby agree as follows: 
 SECTION 1. 

DEFINITIONS. 
 (a) As used in this
Agreement, the following terms shall have the following 
 meanings: 

“Accounting Firm” has the meaning set forth in Section 3.2(c). 

“Accounting Firm Report” has the meaning set forth in Section 3.2(c). 

“Action” has the meaning set forth in Section 5.16(a). 

“Advisers Act” shall mean the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated
thereunder. 
 “Advisory Client” has the meaning set forth in Section 5.24(a). 

“Affiliates ” shall mean, with respect to a Person, any Person, directly or indirectly, controlling, controlled by or under
common control with the Person specified; provided, that (i) the TB Funds shall not be deemed to be “Affiliates” of any member of the Company Group or of any Seller or Seller Owner and (ii) the Buyer Group Funds shall not
be deemed to be “Affiliates” of any member of the Buyer Group. 
 “Agreement” has the meaning set forth in the
Preamble hereto. 
 “Alternative Debt Financing” has the meaning set forth in Section 9.7(a).

 “Alternative Debt Financing Commitment Letter” has the meaning set forth in 

Section 9.7(a). 

“Ancillary Agreements” shall mean the Employment Agreements, the Side Letter Agreement, the Equityholders Agreement
Amendment, the Buyer LLC Agreement, the Company LLC Agreement, and any other agreement, document, instrument or certificate contemplated by this Agreement to be executed by any of the parties hereto in connection with the consummation of the
transactions contemplated by this Agreement. 
 “Applicable Law” shall mean all provisions that apply to a Person or its
property of (i) constitutions, treaties, statutes, laws (including the common law), rules, regulations, ordinances, approvals or orders of a Governmental Entity (including the SEC) having jurisdiction over the Person, (ii) orders,
decisions, injunctions, judgments, awards and decrees of or agreements with a Governmental Entity (including the SEC) having jurisdiction over the Person, and (iii) Applicable Securities Laws. 

  
 - 2 - 

 “Applicable Securities Laws” shall mean the Advisers Act, the Investment
Company Act, the Exchange Act, the Securities Act, applicable state blue sky laws and securities regulations and other Applicable Laws relating to securities or investment advisers, whether foreign or domestic. 

“Base Consideration” has the meaning set forth in Section 3.1(a)(i). 

“Base Revenue Amount” shall the aggregate Revenue Run Rates for all Advisory Clients. 

“Business Day” shall mean a day other than a Saturday, Sunday or other day on which banks in New York, New York are required
or authorized to close. 
 “Buyer” has the meaning set forth in the Preamble hereto. 

“Buyer 401(k) Plan” has the meaning set forth in Section 8.8. 

“Buyer Deductible” means $1,000,000. 

“Buyer Formation Documents” has the meaning set forth in Section 7.1. 

“Buyer Fundamental Representations” shall mean the representations and warranties set forth in
Section 7.1, Section 7.5, Section 7.6 and Section 7.30. 

“Buyer Group” shall mean the Guarantor, the Buyer and any direct or indirect Subsidiary of the Buyer. 

“Buyer Group Affiliate Contract” shall mean any contract between or among (i) any equityholder of the Guarantor or the
Buyer or any Affiliate or Related Party of any equityholder of the Guarantor or the Buyer, on the one hand, and (ii) any member of the Buyer Group or otherwise in respect of the Buyer Group Business, on the other hand, other than this
Agreement, the Guarantor Organizational Documents, the Buyer Formation Documents or, for the avoidance of doubt, any limited partnership agreement or limited liability company agreement (or equivalent) of any Buyer Group GP Entity, Buyer Group Fund
or Subsidiary of the Buyer. 
 “Buyer Group Business” shall mean the business conducted by the Buyer Group as of the date
hereof. 
 “Buyer Group ERISA Affiliate” has the meaning set forth in Section 7.18(c). 

“Buyer Group Funds” shall mean any investment vehicle for which any member of the Buyer Group, directly or indirectly,
provides Investment Management Services or serves as the sponsor, general partner, managing member, or in any similar capacity (including any master or feeder fund, parallel fund, fund of one or other alternative investment vehicle or third party co-investment vehicle, but excluding any “separate account clients”). 

  
 - 3 - 

 “Buyer Group GP Entities” shall mean each Person that is the general
partner or managing member (or equivalent) of any Buyer Group Fund and a direct or indirect Subsidiary of the Buyer. 
 “Buyer Group
Investment Contract” shall mean any contract, agreement, instrument or understanding, whether oral or written, relating to the rendering of Investment Management Services to any Person by any member of the Buyer Group including, for the
avoidance of doubt, (i) the limited partnership agreement or limited liability company agreement (or equivalent) of any Buyer Group Fund and (ii) any side letter with any investor in any Buyer Group Fund, but excluding any Buyer Group
Portfolio Contract and any subscription agreement entered into between a Buyer Group Fund and any investor in a Buyer Group Fund. 

“Buyer Group Lease” shall mean each lease, license, permit, sublease and occupancy agreement, together with all amendments
thereto, with respect to all real property in which any member of the Buyer Group has a leasehold interest, whether as lessor or lessee. 

“Buyer Group Leased Real Property” shall mean the real property of which any member of the Buyer Group is a lessee. 

“Buyer Group Licenses and Permits” shall mean all licenses, permits, franchises, authorizations, approvals, exemption orders
and no-action letters issued or granted to any member of the Buyer Group by any Governmental Entity. 

“Buyer Group Listed Intellectual Property” shall mean (i) all registered trademarks, (ii) all patents, (iii) all
registered copyrights and (iv) all applications for the foregoing, in each case, owned by any member of the Buyer Group. 

“Buyer Group Material Adverse Effect” shall mean any effect, change, circumstance, event, development, occurrence or
condition that, individually or taken together with any other effect, change, circumstance, event, development, occurrence or condition, has had or would be reasonably likely to have a material adverse effect on (i) the business, properties,
assets, condition (financial or otherwise), results of operations or prospects of the Buyer Group, taken as a whole; provided, however, that in determining whether there has been a Buyer Group Material Adverse Effect, any effect,
change, circumstance, event, development, occurrence or condition to the extent resulting from, relating to or arising out of any of the following shall be disregarded: (A) general United States or international economic conditions or
conditions generally affecting the industry in which the Buyer Group operates; (B) any change in the credit, debt, financial, banking, securities, currency or capital markets in general (whether in the United States or any other country or in
any international market) or in interest or exchange rates (including any disruption thereof and any decline in the price of any security or any market index); (C) any pandemic, national disaster, national or international political or social
conditions, including but not limited to the engagement in hostilities by the United States, whether commenced before or after the date hereof, and whether or not pursuant to the declaration of a national emergency or war, or the occurrence of any
military or terrorist attack upon the United States or natural or man-made disaster or acts of God; (D) changes in Applicable Laws and/or Investment Laws and Regulations, GAAP or accounting rules;
(E) any failure by any member of the Buyer Group to meet any projections, forecasts or estimates of revenue or earnings (as distinguished from 

  
 - 4 - 

 
any event that caused such failure); or (F) the identity of the Company Group or the announcement of the execution of this Agreement, the Ancillary Agreements, or the transactions
contemplated hereby or thereby; provided, further, that, with respect to clauses (A) to (F), the impact of such effect, change, circumstance, event, development, occurrence or condition is not disproportionately adverse to the Buyer Group,
taken as a whole, as compared to other similarly situated companies engaged in the same business as the Buyer Group or (ii) the ability of the Buyer Group to consummate the transactions contemplated by this Agreement or the Ancillary Agreements
to which it is a party. 
 “Buyer Group Material Contract” has the meaning set forth in Section 7.17(b).

 “Buyer Group Organization” has the meaning set forth in Section 7.33. 

“Buyer Group Plans” has the meaning set forth in Section 7.18(a). 

“Buyer Group Portfolio Contract” shall mean any contract, agreement or instrument relating to any investment by any Person to
whom any member of the Buyer Group provides any Investment Management Services, including, without limitation, any Buyer Group Fund, to which no member of the Buyer Group is a party. 

“Buyer Indemnified Parties” has the meaning set forth in Section 11.2(a). 

“Buyer Investor” has the meaning set forth in Section 8.7(d)(iii). 

“Buyer LLC Agreement” means the Second Amended and Restated Limited Liability Company Agreement of the Buyer effective prior
to the Closing Date in substantially the form attached hereto as Exhibit B. 
 “CARES Act” means the CARES Act (Pub.
L. 116-136 (2020)) and any similar law providing for the deferral of Taxes, the conditional deferral, reduction, or forgiveness of Taxes, the increase in the utility of Tax attributes, or other Tax-related measures, in each case, intended to benefit taxpayers in response to the COVID-19 pandemic and associated economic downturn. 

“Carried Interest” shall mean any performance fee, performance allocation, carried interest, promote, special profits
interest or other performance-based compensation (or priority allocation), but excluding any management fees, any such amounts that are paid in lieu of management fees in connection with any “cashless contribution” or “fee
conversion” strategy or otherwise, and any return on any cashless contribution or fee conversion itself (which, for the avoidance of doubt, shall be treated as a return on invested capital). 

“Cash” shall mean, as of the Reference Time, all cash and cash equivalents held by the Company Group (other than the Company
Group GP Entities) at such time (including any cash and cash equivalents related to management fees earned prior to the Closing) and marketable securities, in each case determined in accordance with GAAP. For the avoidance of doubt, and in a manner
consistent with GAAP, Cash shall (i) be calculated net of issued but uncleared checks and drafts, to the extent such checks have not cleared as of the Reference Time, (ii) include checks and drafts deposited for the account of any member
of the Company Group (other than the Company Group GP Entities), and (iii) be calculated net of Restricted Cash. 

  
 - 5 - 

 “CEA” shall mean the Commodity Exchange Act of 1936, as amended, and the
rules and regulations promulgated thereunder. 
 “Choate” has the meaning set forth in
Section 15.17(a). “Claim” has the meaning set forth in Section 15.14(a)(v). “Client Consents” means: 

(i) with respect to an Advisory Client (other than a TB Fund) that is party to a Company Group Investment Contract requiring (by its terms
and/or under Applicable Laws) written or “express” consent to the deemed assignment of such Company Group Investment Contract resulting from the transactions contemplated by this Agreement, that such Advisory Client has provided written
Consent to such deemed assignment of such Company Group Investment Contract resulting from the transactions contemplated by this Agreement, and such Consent remains in effect as of the Closing; 

(ii) with respect to an Advisory Client (other than a TB Fund) that is a party to a Company Group Investment Contract that does not prohibit
(by its terms or under Applicable Laws) the use of “negative consent” to the deemed assignment of such Company Group Investment Contract, that such Advisory Client has been sent a written notification and consent letter as contemplated in
Section 8.4, and such Advisory Client has not for a period of at least forty-five (45) days (or such shorter period specified in such Company Group Investment Contract) following receipt of such letter (or otherwise
prior to the Closing) communicated to the Company Group objections (or otherwise affirmatively declined to give its Consent) to the deemed assignment of such Company Group Investment Contract resulting from the transactions contemplated by this
Agreement, and such Consent remains in effect as of the Closing; and 
 (iii) with respect to an Advisory Client that is a TB Fund
(A) that approval has been obtained in the manner required by the partnership agreement or other governing document of such TB Fund or (B) in the event the partnership agreement or other governing document of such TB Fund does not address
such approval, that (1) the general partner or managing member (or equivalent) of such TB Fund has provided written Consent to the deemed assignment of the applicable Company Group Investment Contract resulting from the transactions
contemplated by this Agreement, and such Consent remains in effect as of the Closing and (2) for a period of at least forty-five (45) days following receipt of the written notification and consent letter as contemplated by
Section 8.4, a majority-in-interest of the investors of such TB Fund (determined by reference to their capital account balance or share
ownership of such TB Fund, as applicable) have not communicated to any member of the Company Group objections to the general partner’s granting of the Consent described in clause (A). 

“Client Revenue” means the sum of the Revenue Run Rates with respect to each Advisory Client. 

“Closing” has the meaning set forth in SECTION 4. 

“Closing Date” has the meaning set forth in SECTION 4. 

  
 - 6 - 

 “Closing Statement” has the meaning set forth in
Section 3.2(b). 
 “Code” shall mean the Internal Revenue Code of 1986, as amended. 

“Company” has the meaning set forth in Preamble hereto. 

“Company Equity Rights” has the meaning set forth in Section 5.6(b). 

“Company Financial Statements” has the meaning set forth in Section 5.7. 

“Company Formation Documents” has the meaning set forth in Section 5.1. 

“Company Fundamental Representations” shall mean the representations and warranties set forth in
Section 5.1, Section 5.5, Section 5.6 and Section 5.28. 

“Company Group” shall mean the Company, the Company Group GP Entities and any other direct or indirect Subsidiary of the
Company. It is understood that the Company Group does not include the entities listed as Other Entities on Schedule 5.6(a)(ii). 

“Company Group Affiliate Contract” shall mean any contract between or among (i) any Seller or any Affiliate of any Seller
(including the Seller Owner), on the one hand, and (ii) any member of the Company Group or otherwise in respect of the Company Group Business, on the other hand, other than this Agreement, the Company Formation Documents or any limited partnership
agreement or limited liability company agreement (or equivalent) of any Company Group GP Entity or any TB Fund. 
 “Company Group
Business” shall mean the business conducted by the Company Group as of the date hereof. 
 “Company Group ERISA
Affiliate” has the meaning set forth in Section 5.18(c). 
 “Company Group GP Entities”
shall mean each Person that is the general partner or managing member (or equivalent) of any TB Fund, including but not limited to the entities listed as Company Group GP Entities on Schedule 5.6(a)(ii), and each of their respective Subsidiaries.

 “Company Group Investment Contract ” shall mean any contract, agreement, instrument or understanding, whether oral or
written, relating to the rendering of Investment Management Services to any Person by any member of the Company Group including, for the avoidance of doubt, (i) the limited partnership agreement or limited liability company agreement (or
equivalent) of any TB Fund and (ii) any side letter with any investor in any TB Fund, but excluding any Company Group Portfolio Contract and any subscription agreement entered into between a TB Fund and any investor in a TB Fund. 

“Company Group IP” has the meaning set forth in Section 5.13(c). 

“Company Group Lease” has the meaning set forth in Section 5.11(a). 

  
 - 7 - 

 “Company Group Leased Real Property” has the meaning set forth in
Section 5.11(a). 
 “Company Group Licenses and Permits” has the meaning set forth in
Section 5.14. 
 “Company Group Listed Intellectual Property” has the meaning set forth in
Section 5.13(a). 
 “Company Group Material Adverse Effect ” shall mean any effect, change, circumstance,
event, development, occurrence or condition that, individually or taken together with any other effect, change, circumstance, event, development, occurrence or condition, has had or would be reasonably likely to have a material adverse effect on
(i) the business, properties, assets, condition (financial or otherwise), results of operations or prospects of the Company Group, taken as a whole; provided, however, that in determining whether there has been a Company Group
Material Adverse Effect, any effect, change, circumstance, event, development, occurrence or condition to the extent resulting from, relating to or arising out of any of the following shall be disregarded: (A) general United States or
international economic conditions or conditions generally affecting the industry in which the Company Group operates; (B) any change in the credit, debt, financial, banking, securities, currency or capital markets in general (whether in the
United States or any other country or in any international market) or in interest or exchange rates (including any disruption thereof and any decline in the price of any security or any market index); (C) any pandemic, national disaster, national or
international political or social conditions, including but not limited to the engagement in hostilities by the United States, whether commenced before or after the date hereof, and whether or not pursuant to the declaration of a national emergency
or war, or the occurrence of any military or terrorist attack upon the United States or natural or man-made disaster or acts of God; (D) changes in Applicable Laws and/or Investment Laws and Regulations,
GAAP or accounting rules; (E) any failure by any member of the Company Group to meet any projections, forecasts or estimates of revenue or earnings (as distinguished from any event that caused such failure); or (F) the identity of the
Buyer Group or the announcement of the execution of this Agreement, the Ancillary Agreements, the transactions contemplated hereby or thereby or the Buyer Group’s disclosure of its plans or intentions with respect to the conduct of the business
of the Company Group after the Closing (including, in each case, the impact thereof on relationships, contractual or otherwise, with, or actual or potential loss or impairment of, customers, suppliers, vendors, partners, employees or Governmental
Entities); provided, further, that, with respect to clauses (A) to (F), the impact of such effect, change, circumstance, event, development, occurrence or condition is not disproportionately adverse to the Company Group, taken as a whole, as
compared to other similarly situated companies engaged in the same business as the Company Group or (ii) the ability of the Company Group to consummate the transactions contemplated by this Agreement or the Ancillary Agreements to which it is a
party. 
 “Company Group Material Contract” has the meaning set forth in Section 5.17(b). 

“Company Group Plans” has the meaning set forth in Section 5.18(a). 

“Company Group Portfolio Contract” shall mean any contract, agreement or instrument relating to any investment by any
Advisory Client, to which no member of the Company Group is a party. 

  
 - 8 - 

 “Company LLC Agreement” means the Amended and Restated Limited Liability
Company Agreement of the Company. 
 “Company Pension Plan” means the TrueBridge Capital Cash Balance Plan. 

“Company 401(k) Plan” means the TrueBridge Capital 401(k) Plan. 

“Competitive Activity” has the meaning set forth in Section 8.7(b)(ii). 

“Competitive Enterprise” has the meaning set forth in Section 8.7(b)(iii). 

“Confidential Information” has the meaning set forth in Section 15.8(a). 

“Consent” has the meaning set forth in Section 5.4. 

“Consenting Client Revenue Run Rate” means the sum of the Revenue Run Rates with respect to each Advisory Client for which
Client Consent has been obtained (and remains in effect) as of the Closing. 
 “Consenting Percentage” means a fraction,
the numerator of which is the Consenting Client Revenue Run Rate, and the denominator of which is the Base Revenue Amount, expressed as a percentage. 

“Continuing Employee” has the meaning set forth in Section 9.3(a). 

“Contracts” means all written or oral agreements, contracts, leases, subleases, purchase orders, arrangements, letters of
credit, guarantees, commitments and obligations, in each case, to the extent legally binding. 
 “Debt Commitment Letter”
has the meaning set forth in Section 7.31(a). 
 “Debt Financing” has the meaning set forth in
Section 7.31(a). 
 “Debt Financing Agreements” has the meaning set forth in
Section 9.7(a). 
 “Debt Financing Commitment” has the meaning set forth in
Section 7.31(a). 
 “Debt Financing Source” has the meaning set forth in
Section 7.31(a). 
 “Debt Financing Source Parties” means, collectively, the Debt Financing
Source, its Affiliates and such Persons’ and their Affiliates’ respective current, former and future directors, officers, general or limited partners, shareholders, members, managers, controlling persons, employees, representatives and
agents, and the respective successors and assigns of each of the foregoing; provided, that the Buyer Group (or any of its Affiliates) shall not be deemed to be “Debt Financing Source Parties”. 

“Disputed Item” has the meaning set forth in Section 3.2(c). 

“Employment Agreement” has the meaning set forth in the Recitals hereto. 

  
 - 9 - 

 “Environmental Laws” has the meaning set forth in
Section 5.22. 
 “Equityholders Agreement Amendment” has the meaning set forth in the Recitals.

 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time, and the rules and
regulations of the Department of Labor promulgated thereunder. 
 “Estimated Cash” has the meaning set forth in
Section 3.1(b). 
 “Estimated Closing Amount” has the meaning set forth in
Section 3.1(a). 
 “Estimated Closing Statement” has the meaning set forth in
Section 3.1(b). 
 “Estimated Indebtedness” has the meaning set forth in
Section 3.1(b). 
 “Estimated Net Working Capital” has the meaning set forth in
Section 3.1(b). 
 “Estimated Transaction Expenses” has the meaning set forth in
Section 3.1(b). 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and
the rules and regulations promulgated thereunder. 
 “Fee Letters” has the meaning set forth in
Section 7.31. 
 “FFCRA” means the Families First Coronavirus Response Act, Pub. L. No. 116-127 (116th Cong.) (Mar. 18, 2020). 
 “Final Cash” has the meaning set forth
in Section 3.2(b). 
 “Final Closing Amount” has the meaning set forth in
Section 3.2(a). 
 “Final Indebtedness” has the meaning set forth in
Section 3.2(b). 
 “Final Net Working Capital” has the meaning set forth in
Section 3.2(b). 
 “Final Transaction Expenses” has the meaning set forth in
Section 3.2(b). 
 “Fraud” means actual or intentional fraud with respect to the making of a
representation or warranty by a party in this Agreement. For the avoidance of doubt, “Fraud” shall not include any claim for equitable fraud, promissory fraud, unfair dealings fraud, or any torts (including a claim for fraud) based on
negligence or recklessness. 
 “Fundamental Representations” shall mean the Company Fundamental Representations, the Seller
Fundamental Representations and the Buyer Fundamental Representations. 
 “GAAP” shall mean U.S. generally accepted
accounting principles applied on a consistent basis. 

  
 - 10 - 

 “Governmental Entity” shall mean any federal, state or local governmental,
regulatory or other public body, agency, commission, department, branch, division, subdivision, bureau, audit group, procuring office or authority (including self-regulatory organizations), court, tribunal, domestic or foreign, including the
employees or agents thereof. 
 “Guarantor” has the meaning set forth in the Preamble. 

“Guarantor Financial Statements” has the meaning set forth in Section 7.6. 

“Guarantor Interim Balance Sheet” has the meaning set forth in Section 7.6. 

“Guarantor Organizational Documents” has the meaning set forth in Section 7.1. 

“HSR Act” has the meaning set forth in Section 5.4. 

“Indebtedness ” shall mean, as of any time, without duplication, the outstanding principal amount of, accrued and unpaid
interest on, and other payment obligations (including any prepayment premiums, make whole premiums, breakage costs or premiums, prepayment penalties of similar fees, costs and charges payable as a result of the full repayment thereof or the
consummation of the transactions contemplated by this Agreement) arising under, any obligations of any member of the Company Group (other than the Company Group GP Entities) consisting of (i) indebtedness for borrowed money or indebtedness issued in
substitution or exchange for borrowed money or for the deferred purchase price of property or services, (ii) indebtedness evidenced by any note, bond, debenture or other debt security, (iii) the redemption value of or value of payments
required to terminate, as applicable, all interest rate and currency swaps, caps, collars and similar agreements or hedging devices under which payments are obligated to be made by any such Person, whether periodically or upon the happening of a
contingency, (iv) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by any such Person, (v) all obligations under any leases required to be capitalized in
accordance with GAAP, (vi) all indebtedness secured by any Lien on any property or asset owned or held by any such Person, (vii) all earn-out payments, installment payments or other payments of
deferred or contingent purchase price relating to any acquisition of the assets or securities of any Person, (viii) all deferred capital expenditures, (ix) all liabilities with respect to any current or former employee, officer or director
of any member of the Company Group (other than the Company Group GP Entities) that arise before or on the Closing Date, including all unfunded liabilities with respect to the Company Pension Plan or the Company 401(k) Plan, accrued but unpaid profit
sharing or phantom equity obligations, compensation, deferred compensation and vacation and paid time off obligations, all workers’ compensation claims and any liability in respect of accrued but unpaid bonuses, (x) all amounts payable by
any member of the Company Group (other than the Company Group GP Entities) to the Seller Owners (excluding compensatory amounts payable to the Seller Owners in their capacity as employees of the Company), (xi) any underfunded liabilities under the
Company Pension Plan and (xii) all obligations of others referred to in the foregoing clauses (i) through (xi) guaranteed directly or indirectly in any manner by such Person. Notwithstanding the foregoing, “Indebtedness” shall
not include any (x) undrawn letters of credit, or (y) amounts included as Transaction Expenses or any Taxes or any amounts included in the calculation of Net Working Capital. 

  
 - 11 - 

 “Indemnified Party” has the meaning set forth in
Section 11.5(a). 
 “Indemnified Taxes” shall mean, without duplication, (i) all Taxes of
the Seller Owners or the Sellers that are assessed or collected against any member of the Buyer Group (including the Company Group (other than the Company Group GP Entities) after the Closing) with respect to any
Pre-Closing Tax Period or the portion of any Straddle Period ending on the Closing Date, (ii) any Taxes of any member of the Company Group (or any other entity in which the Company directly or indirectly
holds or held any economic interest (but only to the extent of such economic interest) that is classified as equity for U.S. federal income tax purposes), excluding the Company Group GP Entities, with respect to any
Pre-Closing Tax Period or the portion of any Straddle Period ending on the Closing Date, determined in accordance with Section 10.2(c) (treating, for the avoidance of doubt, any Taxes
of the Company (or such other entity) that are attributable to events, payments or transactions that occurred prior to the Closing but the payment and/or liability for which have been deferred pursuant to any Pandemic Response Law, as Taxes
described in this clause (ii)), (iii) Transfer Taxes for which any Seller Owner or Seller is responsible under this Agreement, (iv) the unpaid Taxes of any Person imposed on any member of the Company Group (or any other entity in which the
Company directly or indirectly holds any economic interest (but only to the extent of such economic interest) that is classified as equity for U.S. federal income tax purposes), excluding the Company Group GP Entities, under applicable Law as a
transferee or successor, or by contract the principal subject of which is Taxes, which Taxes relate to an event or transaction occurring before the Closing and (v) any Taxes imposed on any member of the Company Group (other than the Company
Group GP Entities) resulting from the transactions contemplated by Section 8.10 (including, for the avoidance of doubt, any Taxes of any other Person that a member of the Company Group (other than the Company Group GP
Entities) is required to pay or bear pursuant to any contractual arrangement entered into in order to implement the transactions contemplated by Section 8.10; provided, that (A) any Taxes that were specifically taken
into account as Indebtedness or a liability in the calculation of the Net Working Capital or as Transaction Expenses, in each case in a manner and solely to the extent that such Taxes actually reduced the Final Closing Amount, and (B) any Taxes
attributable to actions taken on the Closing Date and after the Closing outside of the ordinary course of business, shall not be Indemnified Taxes. 

“Indemnifying Party” has the meaning set forth in Section 11.5(a). 

“Intellectual Property” shall mean all administrative and legal rights relating to the following owned, used or held for use
in the Company Group Business (with respect to the Company Group) or the Buyer Group Business (with respect to the Buyer Group) anywhere in the world: (i) all United States, international and foreign patents and applications therefor and all
reissues, divisions, divisionals, renewals, extensions, provisionals, continuations and continuations-in-part thereof, and all patents, applications, documents and
filings claiming priority to or serving as a basis for priority thereof, (ii) all inventions (whether or not patentable), invention disclosures, improvements, trade secrets, proprietary information, know how (including with respect to
investment processes), software, proprietary models, technology, business methods, technical data and customer lists, tangible or intangible proprietary information, and all documentation relating to any of the foregoing, (iii) all copyrights,
copyrights registrations and applications therefor, and all other rights corresponding thereto throughout the world, (iv) all industrial designs and any registrations and applications therefor throughout the world, (v) all trade

  
 - 12 - 

 names, logos, common law trademarks and service marks, trademark and service mark registrations and
applications therefor throughout the world and all goodwill associated therewith, (vi) all databases and data collections and all rights therein throughout the world, (vii) all moral and economic rights of authors and inventors, however
denominated, throughout the world, (viii) all Internet addresses, sites and domain names and numbers and (ix) the Company Group Listed Intellectual Property (with respect to the Company Group) or the Buyer Group Listed Intellectual
Property (with respect to the Buyer Group). 
 “Interests” shall have the meaning set forth in the Recitals hereto. 

“Interim Balance Sheet” has the meaning set forth in Section 5.7. 

“Investment Company Act” shall mean the Investment Company Act of 1940, as amended from time to time, and the rules and
regulations of the SEC promulgated thereunder. 
 “Investment Laws and Regulations” has the meaning set forth in
Section 5.15(a). 
 “Investment Management Services” shall mean investment management or
investment advisory services, including sub-advisory services, administrative services, underwriting, distribution or marketing services or any other services related to the provision of investment management
or investment advisory services including any similar services deemed to be “investment advice” pursuant to the Advisers Act. 

“IRS” shall mean the Internal Revenue Service. 

“Knowledge ” shall mean, (i) in the case of the Company, the actual knowledge, after reasonable inquiry, of any Seller
Owner, (ii) in the case of the Buyer, the actual knowledge, after reasonable inquiry, of Robert H. Alpert, C. Clark Webb, William F. Souder, Jr. and Jeff Gehl, (iii) in the case of TCF, the actual knowledge, after reasonable inquiry, of Poston
and (iv) in the case of MAW, the actual knowledge, after reasonable inquiry, of Williams. 
 “Lien” shall mean any
mortgage, pledge, security interest, encumbrance, lien (statutory or other), option, easement, right of first refusal, adverse claim, conditional sale agreement, claim, charge, limitation or restriction, including any restriction on or transfer or
other assignment, as security or otherwise, of or relating to use, quiet enjoyment, voting, transfer, receipt of income or exercise of any other attribute of ownership. 

“Losses” shall mean any liability, damage, interest, loss, fine, penalty, cost, expense, judgment, settlement, award,
interest or expenses, including reasonable fees and expenses of counsel and reasonable expenses of investigation, preparing or defending the foregoing. 

“MAW” has the meaning set forth in the Preamble hereto. 

“Net Working Capital” shall mean an amount, without duplication, equal to (i) the current assets of the Company Group
(other than the Company Group GP Entities) (excluding assets included in the determination of Cash) minus (ii) the current liabilities of the Company Group (other than the Company Group GP Entities) (excluding liabilities included in the
determination of Cash, Indebtedness and Transaction Expenses), in each case as of the Reference 

  
 - 13 - 

 
Time, as determined in accordance with GAAP in a manner consistent with the example on Schedule 3.1(b). For the avoidance of doubt, the determination of Net Working Capital and the
preparation of the Closing Statement will take into account only those components (i.e., only those line items) and adjustments reflected on Schedule 3.1(b). 

“NOLs” has the meaning set forth on Section 7.9(b). 

“Non-Management Fee Economics” has the meaning set forth in
Section 8.10. 
 “Outside Date” has the meaning set forth in
Section 14.1(e). 
 “P10 Entity” has the meaning set forth in
Section 8.7(b)(i). 
 “Pandemic Response Laws” means the CARES Act, the FFCRA, and any other
similar or additional federal, state, local, or foreign law, or administrative guidance intended to benefit taxpayers in response to the COVID-19 pandemic and associated economic downturn. 

“Payoff Letters” has the meaning set forth in Section 13.6. 

“Performance Records” has the meaning set forth in Section 5.12(b). 

“Permitted Liens ” shall mean (i) Liens for utilities, current Taxes or assessments or other governmental charges not
yet due and payable or that are being diligently contested in good faith by appropriate proceedings and, for which adequate reserves (in accordance with GAAP) have been established, (ii) mechanics’, carriers’, workers’,
repairers’, materialmen’s, warehousemen’s, lessor’s, landlord’s and other similar Liens arising or incurred in the ordinary course of business not yet due and payable, (iii) Liens arising out of pledges or deposits
under worker’s compensation laws, unemployment insurance, old age pensions or other social security or retirement benefits or similar legislation, (iv) deposits securing liability to insurance carriers under insurance or self-insurance
arrangements, (v) Liens arising under protective filings, (vi) Liens in favor of a banking institution arising as a matter of Applicable Law encumbering deposits (including the right of set-off) held by
such banking institution incurred in the ordinary course of business and which are within the general parameters customary in the banking industry, (vii) zoning, entitlement, building and other land use regulations imposed by any Governmental Entity
having jurisdiction over the Company Group Leased Real Property (with respect to the Company Group) or the Buyer Group Leased Real Property (with respect to the Buyer Group), as applicable, which are not violated by the current use and operation of
the Company Group Leased Real Property (with respect to the Company Group) or the Buyer Group Leased Real Property (with respect to the Buyer Group), respectively, (viii) covenants, conditions, restrictions, easements, and other similar matters
of record affecting title to the Company Group Leased Real Property (with respect to the Company Group) or the Buyer Group Leased Real Property (with respect to the Buyer Group), as applicable, which do not materially impair the occupancy or use of
the Company Group Leased Real Property (with respect to the Company Group) or the Buyer Group Leased Real Property (with respect to the Buyer Group), respectively, for the purposes for which it is currently used or proposed to be used in connection
with the Company Group Business or the Buyer Group Business, respectively, (ix) public roads and highways, (x) purchase money Liens and Liens securing rental payments under capital lease arrangements, (xi) other Liens arising in the
ordinary course of business and not incurred in connection with the borrowing of money, and (xii) Liens on the ownership or transfer of securities arising under applicable Law. 

  
 - 14 - 

 “Person” shall mean any individual, corporation, company, limited liability
company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization, Governmental Entity or other entity. 

“Post-Closing Adjustment Amount” means an amount equal to (a) the Final Closing Amount minus (b) the Estimated
Closing Amount. 
 “Poston” has the meaning set forth in Preamble hereto. 

“Pre-Closing Tax Period” means any taxable period ending at or before the close of
the Closing Date. 
 “Principles” shall mean (i) GAAP applied on a consistent basis consistent with (ii) the
accounting methods, practices, and principles (including classification and estimation methodologies) used by the Company Group in the preparation of the most recent unaudited Company Financial Statements, specifically the use of cash basis
accounting (collectively, the “Company Accounting Principles”); provided, that in the event of a conflict between GAAP and the Company Accounting Principles, the Company Accounting Principles shall prevail. Without limiting the
foregoing, all determinations made hereunder as of the Reference Time shall be made without taking into account the transactions contemplated by this Agreement. 

“R&W Insurer” shall mean AIG Specialty Insurance Company. 

“R&W Policy” shall mean that certain representations and warranties insurance policy issued by the R&W Insurer to the
Buyer. 
 “Reduced Coverage Losses” has the meaning set forth in Section 11.4(c). 

“Reference Time” shall mean 11:59 p.m. New York City time on the day before the Closing Date. 

“Regulatory Agency” has the meaning set forth in Section 5.29. 

“Related Client” shall mean any Advisory Client or investor in any TB Fund that is (i) any member of the Company Group,
any Seller or any Seller Owner, (ii) a director, officer, shareholder, owner or employee of any member of the Company Group or a member of the immediate family of any such director, officer, shareholder, owner or employee, or (iii) a trust
or collective investment vehicle in which any member of the Company Group is a holder of a beneficial interest. 
 “Related
Party” shall mean, with respect to any specified Person, (i) any Affiliate of such specified Person, (ii) any Person who is a director, officer, general partner, managing member, employee, equityholder or in a similar capacity of
such specified Person or any of its Affiliates and (iii) any other Person who holds, individually or together with such other Person’s Affiliates and any members of such other Person’s immediate family, directly or indirectly, more
than 10% of the outstanding equity or ownership interests of such specified Person. 

  
 - 15 - 

 “Representative” means, with respect to a particular Person, any director,
manager, member, limited or general partner, equityholder, officer, employee, agent, consultant, advisor or other representative of such Person, including outside legal counsel, accountants and financial advisors. 

“Restricted Cash” means all Cash that is not freely useable and available to the Company Group (other than the Company Group
GP Entities) because it is subject to restrictions or limitations on use or distribution either by contract or for regulatory or legal purposes. 

“Restricted Period” has the meaning set forth in Section 8.7(b)(i). 

“Restrictive Covenants” has the meaning set forth in Section 8.7(a). 

“Revenue Run Rate” means, with respect to an Advisory Client, the amount set forth on Schedule 5.24 across from such
Advisory Client’s name, which represents the aggregate annualized fees (whether based on fixed fee, minimum fee, asset-based or other arrangements, but excluding carried interest, and net of any applicable fee waivers, reimbursements or similar
offsets) payable by such Advisory Client pursuant to the applicable Company Group Investment Contract as estimated for the 2020 calendar year. 

“SEC” shall mean the Securities and Exchange Commission. 

“Securities Act” shall mean the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 “Seller Deductible” means $1,000,000. 

“Seller Fundamental Representations” shall mean the representations and warranties set forth in
Section 6.1, Section 6.4 and Section 6.6. 
 “Seller
Owner” has the meaning set forth in the Preamble hereto. 
 “Seller Percentage” shall mean, with respect to each
Seller, the percentage set forth on Schedule 5.6(a)(i). 
 “Seller Released Claim” has the meaning set forth in
Section 9.6(a). 
 “Seller Released Person” has the meaning set forth in
Section 9.6(a). 
 “Seller Releasing Person” has the meaning set forth in
Section 9.6(a). 
 “Seller Representative” shall mean (i) as of the date hereof, TCF and MAW
acting together and (ii) if, at any time following the date hereof, any Person replaces TCF and MAW as the representative of the Sellers hereunder in accordance with the terms of this Agreement, such Person. 

  
 - 16 - 

 “Sellers” has the meaning set forth in the Preamble hereto. 

“Series D Preferred Units” means the Series D Preferred Units representing limited liability company interests in the Buyer
and having the rights and privileges as set forth in the Buyer LLC Agreement. 
 “Side Letter Agreement” has the meaning
set forth in the Recitals hereto. 
 “Special Losses” has the meaning set forth in
Section 11.4(c). 
 “SRO” has the meaning set forth in Section 5.29.

 “Straddle Period” means any taxable period that includes (but does not end on) the Closing Date. 

“Subsidiaries” shall mean, with respect to any Person, any corporation, association or other business entity of which
(i) more than fifty percent (50%) of the total voting power of shares of stock or other equity interest entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereto is at the
time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof or (ii) such first Person or its Subsidiary is a general partner or managing member;
provided, that (x) the TB Funds shall not be deemed to be Subsidiaries of the Company Group and (y) the Buyer Group Funds shall not be deemed to be Subsidiaries of the Buyer Group. 

“Target Working Capital” means zero ($0). 

“Tax” or “Taxes” shall mean (i) any taxes, fees, and similar assessments imposed by any Taxing
Authority, including income, profits, gross receipts, net proceeds, alternative or add-on minimum, ad valorem, value added, sales, use, real property, personal property (tangible and intangible), stamp, user,
excise, duty, franchise, capital stock, transfer, registration, withholding, social security (or similar), unemployment, disability, payroll, employment, fuel, excess profits, occupational, premium, windfall profit, severance, or other similar
charge (including, for the avoidance of doubt and without limitation, any “imputed underpayment” within the meaning of Section 6225 of the Code), and including any interest, penalty, or addition thereto, whether disputed or not. 

“Tax Return” shall mean any report, return, information return, filing, claim for refund or other information, including any
schedules, exhibits or attachments thereto, and any amendments to any of the foregoing required to be filed or maintained in connection with the calculation, determination, assessment or collection of any Taxes (including estimated Taxes). 

“Taxing Authority” shall mean the IRS or any Governmental Entity responsible for the imposition or collection of any Tax.

 “TB Fund” shall mean any investment vehicle for which any member of the Company Group, directly or indirectly, provides
Investment Management Services or serves as the sponsor, general partner, managing member, or in any similar capacity (including any master or feeder fund, parallel fund, fund of one or other alternative investment vehicle or third party co-investment vehicle, but excluding any “separate account clients”). 

  
 - 17 - 

 “TB Fund Financial Statement” has the meaning set forth in
Section 5.27(f). 
 “TB Organization” has the meaning set forth in
Section 5.31. 
 “TCF” has the meaning set forth in the Preamble hereto. 

“Third-Party Claim” has the meaning set forth in Section 11.5(b). 

“Transaction Expenses” shall mean (i) all fees and expenses payable to the legal, financial and other advisors and
accountants of the Company Group, in each case to the extent (A) unpaid as of the Closing and (B) related to the transactions contemplated by this Agreement, (ii) to the extent payable by any member of the Company Group or any Person
that any member of the Company Group is legally obligated to pay or reimburse, any transaction bonus, discretionary bonus, retention, “stay put” or other similar compensatory payments, or severance, change in control, termination or
similar amounts, payable to any current or former employee, manager, consultant or other service provider of any member of the Company Group as a result of the transactions contemplated by this Agreement, including the employer portion of any
employment or payroll Taxes payable with respect thereto (any of the payments described in this clause (ii) that are triggered by a termination of employment by any member of the Company Group after the Closing shall not be a Transaction
Expense) (such amounts under this clause (ii), collectively, the “Sale Bonuses”), (iii) the cost of the insurance policy contemplated by Section 9.3(c), (iv) one-half
of the premium and other costs in obtaining the R&W Policy, not to exceed $150,000 and (v) all costs, fees and expenses incurred by any member of the Company Group in connection with each consent sought pursuant to
Section 8.2 and Section 8.4. Notwithstanding the foregoing, Transaction Expenses shall not include any amount paid by any member of the Company Group on the Closing Date in respect of Estimated
Transaction Expenses under Section 3.1(h). 
 “Transaction Expenses Wire Instructions” has the
meaning set forth in Section 13.6. 
 “Transfer Taxes” has the meaning set forth in
Section 10.1. 
 “Ultimate GP” means the Person(s) that, directly or indirectly, exercises
control over any Company Group GP Entity, including but not limited to, a Company Group GP Entity’s general partner, manager or managing member (or equivalent). 

“Undisputed Item” has the meaning set forth in Section 3.2(c). 

“Williams” has the meaning set forth in Preamble hereto. 

“Willful Breach ” means an action or failure to act by one of the parties hereto that constitutes a material breach of this
Agreement, and such action was taken or such failure occurred with such party’s knowledge or intention that such action or failure to act could reasonably be expected to constitute a breach of this Agreement, and such breach (i) resulted
in, or contributed to, the failure of any of the conditions set forth in Section 12 or Section 13, as applicable, to be satisfied or (ii) resulted in, or contributed to, the Closing not being
consummated at the time the Closing would have occurred pursuant to Section 4. 

  
 - 18 - 

 (b) Interpretation. 

(i) The words, “herein,” “hereto,” “hereof” and words of similar import refer to this Agreement as a whole and
not to any particular Section or paragraph hereof. All instances of the words “include,” “includes” or “including” in this Agreement shall be deemed to be followed by the words “without limitation.” 

(ii) References to $ will be references to United States Dollars. 

(iii) A reference to any Person in this Agreement or any other agreement or document shall include such Person’s predecessors-in-interest, successors and permitted assigns. 

(iv) Except as otherwise specifically indicated herein, each accounting term used herein that is not specifically defined herein shall have
the meaning given to it under GAAP. 
 (v) The table of contents and headings contained in this Agreement are for reference purposes only
and shall not affect in any way the meaning or interpretation of this Agreement. 
 (vi) The parties hereto are each represented by legal
counsel and have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties, and no
presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provision of this Agreement. 

(vii) Any document or item will be deemed “delivered”, “provided” or “made available” within the meaning of this
Agreement if such document or item (a) is included in the electronic data room, (b) actually delivered or provided to the Buyer or any of its Representatives, in each case, at least two (2) days prior to the date hereof or the
Closing, as applicable or (c) actually delivered or provided to the Seller Representative or any of his Representatives, in each case, at least two (2) days prior to the date hereof or the Closing, as applicable. 

SECTION 2. 
 PURCHASE AND SALE OF
INTERESTS. 
 2.1 Purchase and Sale. Subject to the terms and conditions herein set forth, each Seller shall sell, convey, transfer,
assign and deliver the Interests held by such Seller to the Buyer, and the Buyer shall purchase and accept such Interests from such Seller, at the Closing, in each case, free and clear of any Liens (other than generally applicable restrictions on
transfer under Applicable Law). 

  
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 2.2 Withholding Rights. The Buyer shall be entitled to deduct and withhold from any
amount otherwise payable to any Person pursuant to this Agreement such amounts of Tax as it is required by applicable law to deduct and withhold with respect to the making of such payment to such Person. All amounts that are deducted or withheld by
the Buyer and paid over to or deposited with the relevant Taxing Authority by the Buyer shall be treated for all purposes of this Agreement as having been paid to the Sellers. If the Buyer determines any withholding is required with respect to any
payment under this Agreement, the Buyer shall use reasonable best efforts to notify the Seller Representative of any such withholding requirement at least ten (10) Business Days prior to the date such withholding is required to be made and to
cooperate in good faith with the Sellers to seek to reduce the amount of, or eliminate the necessity for, such withholding (including by each Seller providing the Buyer with a validly executed IRS Form W-9).

 SECTION 3. 
 PURCHASE PRICE.

 3.1 Closing Purchase Price. 

(a) “Estimated Closing Amount” shall mean: 

(i) Ninety Four Million, Three Hundred Fifty Thousand Dollars ($94,350,000) (the “Base Consideration”), provided, however,
that if the Consenting Percentage is less than ninety-five percent (95%), the Base Consideration shall be reduced to an amount equal to (A) the Consenting Percentage or eighty-five percent (85%), whichever is higher, multiplied by (B)
$94,350,000; 
 (ii) reduced by the amount, if any, by which Estimated Net Working Capital is less than the Target Working Capital, 

(iii) increased by the amount, if any, by which Estimated Net Working Capital is greater than the Target Working Capital, 

(iv) reduced by the Estimated Cash, if Estimated Cash is a negative 

number, 
 (v) increased by the
Estimated Cash, if Estimated Cash is a positive 
 number, 

(vi) reduced by the amount of the Estimated Indebtedness, and 

(vii) reduced by the Estimated Transaction Expenses. 

(b) On or before the date which is two (2) days prior to the date on which the Closing is scheduled to occur, the Seller Representative
shall prepare and deliver to the Buyer (i) a good faith estimate of the (A) Net Working Capital (“Estimated Net Working Capital”), (B) Cash (“Estimated Cash”), (C) Indebtedness (“Estimated
Indebtedness”) and (D) Transaction Expenses (“Estimated Transaction Expenses”), in each case as of the Reference Time and determined in accordance with GAAP and, with respect of clause (A), in a manner consistent with
the example on Schedule 3.1(b), (ii) a schedule of the recipients and amounts of Sale Bonuses payable at 

  
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Closing, and (iii) a balance sheet of the Company as of the Reference Time and prepared in accordance with the Principles, together with such additional schedules and data as may be
appropriate to support the calculations of the items described in (A) through (D) of Section 3.1(b)(i) and Section 3.1(b)(ii) (items (i), (ii) and (iii), collectively, the “Estimated
Closing Statement”). For illustrative purposes only, attached as Schedule 3.1(b) is a spreadsheet illustrating the calculation of Net Working Capital as of August 14, 2020. For purposes of the Estimated Closing Statement
and the determination of the Estimated Closing Amount, Estimated Net Working Capital shall be calculated in a manner consistent with the calculation of Net Working Capital set forth in Schedule 3.1(b). The calculation of Estimated Net Working
Capital, Estimated Cash, Estimated Indebtedness and Estimated Transaction Expenses shall not include or take into account any action taken or committed to by the Buyer Group or any action taken or committed to by the Company Group following the
Closing. 
 (c) Following the delivery of the Estimated Closing Statement to the Buyer, the Company shall provide the Buyer with reasonable
access at reasonable times to copies of the work papers and other books and records of the Company Group and its senior executive employees to the extent related to the preparation of the Estimated Closing Statement for purposes of assisting the
Buyer in its review of the Estimated Closing Statement. 
 (d) On the Closing Date, the Buyer shall pay, or cause to be paid, to each Seller,
an amount of cash, by wire transfer of immediately available funds, equal to such Seller’s Seller Percentage of the Estimated Closing Amount. 

(e) On the Closing Date, the Buyer shall pay, or cause to be paid, to each Person entitled thereto, an amount of cash, by wire transfer of
immediately available funds, equal to the Estimated Indebtedness, in each case, as set forth in the Payoff Letters delivered pursuant to this Agreement. 

(f) On the Closing Date, the Buyer shall pay, or cause to be paid, (i) to each Person entitled thereto, an amount of cash, by wire
transfer of immediately available funds, equal to Estimated Transaction Expenses (other than the Sale Bonuses), in each case, in accordance with the Transaction Expenses Wire Instructions delivered pursuant to this Agreement; and (ii) to the
Company, an amount equal to the total amount of the Sale Bonuses, each of which amounts shall be paid at the Closing by the Company (less applicable Tax withholdings) in the amounts and to the recipients set forth on the schedule to be delivered by
the Company in clause (ii) of the Estimated Closing Statement. 
 (g) On the Closing Date, the Buyer shall deliver to each Seller such
Seller’s Seller Percentage of 28,590,910 Series D Preferred Units, provided, however, that if the Consenting Percentage is less than ninety-five percent (95%), the number of Series D Preferred Units shall be reduced to an amount equal to
(A) the Consenting Percentage or eighty-five percent (85%), whichever is higher, multiplied by (B) 28,590,910. 

  
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 3.2 Post-Closing Closing Payment Adjustments. 

(a) “Final Closing Amount” shall mean the following, as finally determined pursuant to this
Section 3.2: 
 (i) the Base Consideration (subject, for the avoidance of doubt, to any adjustments pursuant to
the proviso in Section 3.1(a)(i)); 
 (ii) reduced by the amount, if any, by which Final Net Working Capital is
less than the Target Working Capital, 
 (iii) increased by the amount, if any, by which Final Net Working Capital is greater than the
Target Working Capital, 
 (iv) reduced by the amount of Final Cash, if Final Cash is a negative 

number, 
 (v) increased by the
amount of Final Cash, if Final Cash is a positive 
 number, 

(vi) reduced by the amount of the Final Indebtedness, and 

(vii) reduced by the amount of Final Transaction Expenses. 

(b) As promptly as practicable following the Closing, but in any event no later than forty-five (45) days after the date of the Closing,
the Buyer shall prepare and deliver to the Seller Representative (i) a written report setting forth (A) Net Working Capital (“Final Net Working Capital”), (B) Cash (“Final Cash”), (C) Indebtedness
(“Final Indebtedness”) and (D) Transaction Expenses (“Final Transaction Expenses”), in each case, as of the Reference Time and in accordance with GAAP and, with respect to clause (A), in a manner consistent
with the example on Schedule 3.1(b), and (ii) a balance sheet of the Company as of the Reference Time and in accordance with the Principles, together with such additional schedules and data as may be appropriate to support the
calculations of the items described in clauses (A) through (D) of Section 3.2(b)(i) and Section 3.2(b)(ii) (items (i)-(ii), collectively, the “Closing Statement”). As provided for in
Section 3.2(c), the Closing Statement shall be subject to review by the Seller Representative. For purposes of the Closing Statement, the Final Net Working Capital shall be calculated in a manner consistent with the
calculation of Net Working Capital set forth in Schedule 3.1(b). The parties agree that the determination of Estimated Closing Amount and Final Closing Amount will be without any change in or introduction of any new reserves, and without
duplication to any items counted in such determination. The parties agree that the purpose of preparing and calculating the Net Working Capital hereunder is to measure changes in Net Working Capital without the introduction of new or different
accounting methods, policies, practices, procedures, classifications, judgments or estimation methodologies other than those used in the sample calculation set forth on Schedule 3.1(b). The calculation of Final Net Working Capital, Final
Cash, Final Indebtedness and Final Transaction Expenses shall not include or take into account any action taken or committed to by the Buyer Group following the Closing (which, for the avoidance of doubt, includes the Company Group). 

  
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 (c) From and after the delivery of the Closing Statement, the Seller Representative will be
entitled to reasonable access at reasonable times during normal business hours to the relevant employees, records and working papers of the Buyer Group and/or the accountants, if any, assisting the Buyer in the preparation of the Closing Statement
to aid in their review thereof. The Seller Representative may dispute the Closing Statement or the calculations of the amounts set forth therein by notifying the Buyer in writing (a “Dispute Notice”) of any such disputed amounts or
calculations and setting forth, in reasonable detail, the basis for such dispute and alternative calculations with respect to the items or amounts with which it disagrees (each, a “Disputed Item”) within forty-five (45) days of
the Seller Representative’s receipt of the Closing Statement from the Buyer. Any item or amount not objected to in the Dispute Notice (an “Undisputed Item”) shall become final and binding on the parties for purposes of this
Agreement, except to the extent that an adjustment to a Disputed Item made in accordance with this Section 3.2 requires an offsetting adjustment to be made to an Undisputed Item. If the Buyer disputes a Disputed Item, then the
Seller Representative and the Buyer shall negotiate in good faith to resolve such dispute. If, after a period of thirty (30) days following the date on which the Seller Representative delivers the Dispute Notice to Buyer, any such Disputed Item
still remains disputed, then the Seller Representative and the Buyer shall submit such dispute to any independent, nationally recognized accounting firm as determined by the Buyer and the Seller Representative (the “Accounting
Firm”), which shall, within thirty (30) days after such submission, determine and report to the Buyer and the Seller Representative upon such remaining Disputed Items or calculations, and such report shall be final, binding and
conclusive on the Sellers and the Buyer; provided that (x) the Accounting Firm shall only be entitled to resolve those Disputed Items submitted to it for resolution (and any Undisputed Items or Disputed Items previously resolved between
the Buyer and the Seller Representative that require an offsetting adjustment to be made in connection with the resolution of such Disputed Items), (y) the Accounting Firm shall make its determination based solely on the presentations and supporting
material provided by the Buyer and the Seller Representative and not pursuant to any independent review and (z) in no event shall the Accounting Firm’s determination of such remaining Disputed Items or calculations be for an amount that is
greater than the greatest value for such item claimed by the Buyer or the Seller Representative or less than the smallest value for such item claimed by the Buyer or the Seller Representative. The Accounting Firm shall deliver to the Buyer and the
Seller Representative, as promptly as practicable and in any event shall endeavor to do so within thirty (30) days after its appointment, a written report (i) setting forth (x) the resolution of each Disputed Item submitted to it and
(y) any adjustments that are required to be made to any Undisputed Items or Disputed Items previously resolved between the Buyer and the Seller Representative to reflect such resolution and (ii) containing a revised Closing Statement
reflecting the foregoing (the “Accounting Firm Report”). The Closing Statement shall be deemed final upon the earliest of (i) the failure of the Seller Representative to notify the Buyer of a dispute within forty-five
(45) days of the Seller Representative’s receipt of the Closing Statement from the Buyer, (ii) receipt by the Buyer of a notice from the Seller Representative stating that the Sellers accept the amounts and calculations set forth in the
Closing Statement, (iii) the resolution of all Disputed Items pursuant to this Section 3.2(c) by the Seller Representative and the Buyer or (iv) the resolution of all Disputed Items pursuant to the Accounting Firm
Report. The Buyer and the Seller Representative shall make reasonably available to the Accounting Firm all relevant books and records, as well as any documents or work papers used in the calculation of the Closing Statement (including those of the
parties’ respective Representatives, to the extent applicable) and supporting 

  
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documentation relating to such Closing Statement. The decision of the Accounting Firm shall be final and binding and the exclusive remedy of the parties with respect to any disputes arising with
respect to the items set forth in the Closing Statement. The fees and expenses of the Accounting Firm shall be allocated to be paid by the Buyer, on the one hand, and/or the Seller Representative (on behalf of the Sellers), on the other hand, based
upon the percentage which the portion of the contested amount not awarded to each party bears to the aggregate contested amount, as determined by the Accounting Firm. 

(d) Following the resolution of any dispute concerning the Closing Statement in accordance with Section 3.2(c): 

(i) if the Post-Closing Adjustment Amount is a positive number, then, within two (2) Business Days, the Buyer shall pay to each Seller
such Seller’s Seller Percentage of the Post-Closing Adjustment Amount by wire transfer of immediately available funds to the account or accounts designated in writing by the Seller Representative; and 

(ii) if the Post-Closing Adjustment Amount is a negative number, then within two (2) Business Days, each Seller shall pay such
Seller’s Seller Percentage of the Post-Closing Adjustment Amount to the Buyer by wire transfer of immediately available funds to the account or accounts designated in writing by the Buyer. 

(e) If, at any time within one hundred eighty (180) days after the Closing, a Client Consent that caused any downward adjustment in the
Base Consideration or the number of Series D Preferred Units issued pursuant to Section 3.1(g) is obtained, then (i) the Buyer shall promptly (and in any event within ten calendar days) pay to each Seller such
Seller’s Seller Percentage of the downward adjustment in Base Consideration attributable to the failure to obtain the applicable Client Consent prior to Closing (the amount of such downward adjustment, the “Recouped Amount”);
and (ii) the Buyer shall automatically be deemed to have issued to each Seller such number of Series D Preferred Units equal to such Seller’s Seller Percentage of the Recouped Amount divided by $3.30 (and the applicable schedule to the
Buyer LLC Agreement shall be promptly updated to reflect such additional units). The Series D Preferred Units issued pursuant to this Section 3.2(e) shall be deemed to have been issued as of the Closing Date for purposes of
calculating distributions and allocations pursuant to Article 4 of the Buyer LLC Agreement. For all other purposes, the Series D Preferred Units issued pursuant to this Section 3.2(e) shall be deemed to have been issued as of the
date of receipt of the Client Consent. 
 (f) If the Company collects management fees after the Closing relating to TrueBridge
Seed & Micro-VC Fund I, L.P., then with respect to the portion of such management fees that are allocable to the pre-Closing period (based upon a straight-line
method and the number of days in the applicable pre- and post-Closing periods for which the fee relates) (the “Pre-Closing Seed and Micro-VC Fee”), the Buyer shall promptly pay or cause to be paid to each Seller such Seller’s Seller Percentage of the Pre-Closing Seed and Micro-VC Fee. 
 (g) All payments made pursuant to Section 3.2 shall be treated
as an adjustment to the Base Consideration for all purposes under this Agreement and by the parties for Tax purposes, unless otherwise required by Applicable Law. 

  
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 SECTION 4. 

CLOSING 
 The closing (the
“Closing”) for the consummation of the transactions contemplated by this Agreement shall take place (a) at the offices of Gibson, Dunn & Crutcher LLP at 2001 Ross Avenue, Dallas, Texas 75201 at 10:00 a.m. Central Time
on the third (3rd) Business Day following the day on which the last of the conditions to the obligations of the parties hereunder set forth in Section 12 and
Section 13 hereof have been satisfied or waived (other than those conditions that are not capable of being satisfied until the Closing, but subject to the waiver in writing or satisfaction of such conditions) or (b) at
such other place and time as may be mutually agreed to by the parties hereto (the “Closing Date”); provided, however, that the Closing shall not take place earlier than September 12, 2020. 

SECTION 5. 
 REPRESENTATIONS AND
WARRANTIES REGARDING THE COMPANY 
 Except as set forth in the Schedules (provided, that any information disclosed in one section of
such Schedules shall be deemed to apply to each other section thereof to which its relevance is reasonably apparent on its face), the Company hereby represents and warrants to the Buyer as follows: 

5.1 Formation. Each member of the Company Group is duly formed or organized, validly existing and in good standing under the laws of the
state of its formation or incorporation and has all requisite power and authority to own its properties and assets and to conduct its business as now conducted. Copies of the certificate of formation and the limited liability company agreement of
the Company, together with all amendments thereto existing as of the date hereof (collectively, the “Company Formation Documents”), have been furnished to the Buyer, and such copies are accurate and complete as of the date hereof.
The Company is not in violation of any of the provisions of the Company Formation Documents. 
 5.2 Qualification to Do Business. Each
member of the Company Group is duly qualified to do business in its jurisdiction of organization and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the business as currently
conducted by it makes such qualification necessary, except where failure to be so qualified or in good standing, individually or in the aggregate, would not reasonably be expected to be materially adverse to the Company Group, taken as a whole. 

5.3 No Conflict or Violation. The execution, delivery and performance by the Company of this Agreement does not and will not
(a) violate or conflict with any provision of the Company Formation Documents, (b) violate any provision of law, or any order, judgment or decree of any court, arbitrator or other Governmental Entity, or (c) violate or result in a
breach of or constitute (with due notice or lapse of time or both) a default under, require any consent of or notice to any Person pursuant to, give to others any right of termination, amendment, modification, acceleration or cancellation of, allow
the imposition of any fees or penalties, require the offering or making of any payment or redemption, give rise to any increased, guaranteed, accelerated or additional rights or entitlements of any Person or otherwise adversely affect any rights of
any member of the Company Group under, or result in the creation of any Lien on any property, asset 

  
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or right of any member of the Company Group pursuant to, any note, bond, mortgage, indenture, agreement, lease, license, permit, franchise, instrument, obligation or other contract to which any
member of the Company Group is a party or by which any member of the Company Group or any of their properties, assets or rights are bound or affected, except, in the case of each of clauses (b) and (c) above, as would not, individually or in
the aggregate, reasonably be expected to be materially adverse to the Company Group, taken as a whole. 
 5.4 Consents and Approvals.
Except for any filings required to be made under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), Schedule 5.4 sets forth a true and complete list of (a) each consent, notice, waiver,
authorization or approval (a “Consent”) of any Governmental Entity, (b) each Consent of any other Person required under any Company Group Material Contract and (c) each declaration to or filing or registration with any
such Governmental Entity, in each case of clauses (a), (b) and (c), that is required in connection with the execution and delivery of this Agreement by the Company or the Ancillary Agreements to which the Company will be a party, the performance by
the Company of its obligations hereunder or thereunder or the transactions contemplated by this Agreement and the Ancillary Agreements to which the Company will be a party. No “fair price”, “interested shareholder”,
“business combination” or similar provision of any state takeover law is applicable to the transactions contemplated by this Agreement or the Ancillary Agreements. 

5.5 Authorization and Validity of Agreement. The Company has all requisite power and authority to enter into this Agreement and each of
the Ancillary Agreements to which it will be a party and to carry out its obligations hereunder and thereunder. The execution and delivery by the Company of this Agreement and each of the Ancillary Agreements to which it will be a party and the
performance of its obligations hereunder and thereunder have been duly authorized by all necessary action by the Sellers and the board of managers of the Company, and no other proceedings on the part of any member of the Company Group are necessary
to authorize such execution, delivery and performance. This Agreement and each of the Ancillary Agreements to which it will be a party have been duly executed by the Company and constitute the Company’s valid and binding obligations,
enforceable against it in accordance with the terms hereof and thereof, except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar Applicable Laws affecting creditors’
rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 

5.6 Capitalization and Related Matters; Equity Investments. 

(a) Schedule 5.6(a)(i) sets forth the authorized, issued and outstanding Interests. The Sellers are the sole record, legal and
beneficial owners of all of the issued and outstanding equity interests of the Company, free and clear of any Liens (other than generally applicable restrictions on transfer under Applicable Law). As of the date hereof, except as set forth on
Schedule 5.6(a)(ii), the Company does not have any Subsidiaries. As of the Closing Date, except as set forth on Schedule 5.6(a)(ii), the Company will not have any Subsidiaries. Except as set forth on Schedule 5.6(a)(ii), no
member of the Company Group, directly or indirectly, owns or holds any rights to acquire any capital stock or any other securities, interests or investments in any Person (other than another member of the Company Group or any TB Fund). 

  
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 (b) All of the Interests (i) have been duly authorized and validly issued and are, as
applicable, fully paid and nonassessable and (ii) were issued in compliance with all applicable federal and state securities and corporate laws. There are no securities convertible into or exchangeable for units or any other equity or ownership
interests, no rights to subscribe for or to purchase or any options for the purchase of, and no agreements providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any other character relating to the issuance
of, units or any other equity or ownership interests, or any units or securities convertible into or exchangeable for any membership interests or any other equity or ownership interests, or phantom units or other equity-like instruments, of the
Company (collectively, the “Company Equity Rights”). The Company does not have any outstanding bonds, debentures, notes or other obligations the holders of which have the right to vote (or convertible into or exercisable for
securities having the right to vote) with the equityholders of the Company on any matter. No securities or other equity or ownership interests of the Company have been issued in violation of any rights, agreements, arrangements or commitments under
any provision of Applicable Law, the Company Formation Documents or any contract to which the Company is a party or by which the Company is bound. 

5.7 Financial Statements. The Company has heretofore furnished to the Buyer copies of (a) the unaudited balance sheet of the
Company as of December 31, 2019, together with the related unaudited statement of profit and loss for the year ended December 31, 2019 and (b) the unaudited balance sheet of the Company as of the quarter ended June 30, 2020 (the
“ Interim Balance Sheet”), together with the related unaudited statement of profit and loss for the quarter ended June 30, 2020 (all such financial statements referred to in clauses (a) and (b) above, the
“Company Financial Statements”). The Company Financial Statements (i) are correct and complete in all material respects, (ii) except as set forth on Schedule 5.7(c), were prepared in accordance with the Principles,
(iii) present fairly in all material respects the financial position, results of operations and changes in financial position of the Company as of such dates and for the periods then ended (subject, in the case of interim financial statements,
to normal year-end adjustments and the absence of footnotes) and (iv) are prepared in accordance with the books of account and records of the Company in all material respects. The books of account and
financial records of the Company Group are true and correct in all material respects and have been prepared and are maintained in accordance with sound accounting practice. 

5.8 Absence of Certain Changes or Events. Except as set forth on Schedule 5.8, since the date of the Interim Balance Sheet, 

(a) there has not been any Company Group Material Adverse Effect; 

(b) the Company Group has in all material respects conducted its business only in the ordinary course consistent with past practice; and 

(c) no member of the Company Group has taken any action that would, if it were to occur after the date hereof, require the consent of the Buyer
under Section 8.1. 

  
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 5.9 Tax Matters. 

(a) Each member of the Company Group has filed (taking into account all extensions of time to file) all U.S. federal and state income Tax
Returns and all other material Tax Returns that it was required to file, and all such Tax Returns are true, correct, and complete in all material respects. All material Taxes due and owing by any member of the Company Group (whether or not shown on
any Tax Return) have been paid, except to the extent such amounts are being contested in good faith and have been adequately accrued and reserved against and entered on the books of the Company Group. No member of the Company Group is currently the
beneficiary of any extension of time within which to file any Tax Return other than customary extensions that are automatically available. No written claim has been made within the past three (3) years by a Taxing Authority in a jurisdiction where
any member of the Company Group does not file Tax Returns that such member of the Company Group is or may be subject to taxation by that jurisdiction. There are no Liens for Taxes (other than Permitted Liens) upon the Interests or upon any of the
assets of any member of the Company Group. Each member of the Company Group has withheld and paid all material Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor,
stockholder, or other third party, and all Forms W-2 and 1099 required with respect thereto have been properly completed and filed. 

(b) There is no material dispute or claim concerning any Tax liability of any member of the Company Group for which the Company Group has not
made adequate provisions either (i) claimed or raised by any Taxing Authority in writing or (ii) to the Knowledge of the Company. 

(c) No member of the Company Group (i) has been a member of an affiliated group filing a consolidated U.S. federal income Tax Return or
(ii) has any liability for the Taxes of any Person under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local, or non-U.S. law) or
as a transferee or successor by contract or Applicable Law, other than pursuant to a contract entered in the ordinary course of business the principal purpose of which does not relate to Taxes. 

(d) No member of the Company Group is a party to or bound by any Tax allocation or Tax sharing agreement (other than an agreement entered into
in the ordinary course of business not primarily related to Taxes and under which such member of the Company Group does not have any material liability for Taxes). 

(e) At Closing, except as set forth on Schedule 5.9(e), no member of the Company Group will hold any direct or indirect interest
classified as equity for U.S. federal income tax purposes in any other Person (other than, for the avoidance of doubt, any other member of the Company Group or any TB Fund or TB Fund’s direct or indirect investment). 

(f) Each member of the Company Group is and has been at all times since its formation classified as a partnership for federal and applicable
state income tax purposes. 

  
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 (g) No member of the Company Group has (i) deferred any payment of Taxes otherwise due
through any automatic extension or other grant of relief provided by a Pandemic Response Law, or (ii) sought any other Tax benefit from any applicable Governmental Entity related to any governmental response to
COVID-19 (including any benefit provided or authorized by a Pandemic Response Law). 
 (h) No member
of the Company Group will be required as a result of (i) a change in method of accounting for a taxable period ending on or prior to the Closing Date, (ii) use of an improper method of accounting for a taxable period ending on or prior to
the Closing Date, (iii) any “closing agreement” as described in section 7121 of the Code (or any similar provision of state, local or non-U.S. law) entered into prior to the Closing,
(iv) any installment sale or open transaction disposition made prior to the Closing (for which there will not be a corresponding receipt of cash following the Closing), (v) the receipt of any prepaid revenue prior to the Closing, (vi) an
election under section 108(i) of the Code or (vii) any installments owed under section 965(h) of the Code, to include any material item of income or exclude any material item of deduction for any taxable period (or portion thereof) beginning on
or after the Closing Date that would not have otherwise so been included or excluded as the case may be. 
 (i) Each reference to a member of
the Company Group in this Section 5.9 shall include references to any Person which merged with and into or liquidated into such member of the Company Group (or for which such member of the Company Group could have any
transferee or successor liability). 
 Notwithstanding anything to the contrary stated elsewhere in this Agreement, (i) this
Section 5.9 and Section 5.18 (insofar as it addresses Tax matters) contain the sole representations and warranties of the Company with respect to Tax matters, (ii) the representations and
warranties in this Section 5.9 (other than Section 5.9(h)) may only be relied upon with respect to Pre-Closing Tax Periods of the members of the Company
Group and the pre-Closing portion of the Straddle Periods of the members of the Company Group, and (iii) for purposes of this Section 5.9, the “Company Group” shall
exclude the Company Group GP Entities. 
 5.10 Absence of Undisclosed Liabilities. 

(a) Except as set forth on Schedule 5.10, the Company Group does not have any liabilities of the type that would be required under GAAP
to be reflected or reserved against on a balance sheet, other than (i) liabilities set forth, disclosed, reflected or reserved for in the Company Financial Statements, (ii) obligations of future performance under any contracts set forth on
a Schedule hereto and under other contracts entered into in the ordinary course of business that are not required to be listed on any Schedule to this Agreement, (iii) liabilities that will be included in the computation of the Post-Closing
Adjustment Amount, (iv) liabilities incurred by or for the account of the Buyer Group, or (v) liabilities incurred by any member of the Company Group after the date of the Interim Balance Sheet in the ordinary course of business consistent
with past practice that would not reasonably be expected, individually or in the aggregate, to (x) be material to the Company Group, taken as a whole, or (y) have a material adverse effect on the Company’s ability to consummate the
transactions contemplated hereby or perform its obligations hereunder. 

  
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 (b) No member of the Company Group has entered into any undertaking, guarantee or similar
agreement on behalf of any Company Group GP Entity, Seller or present or former employee, officer, or director of any member of the Company Group in respect of any capital commitment, capital contribution, return obligation (including in respect of
capital contributions or “clawback” of carried interest), or other payment owed by such Company Group GP Entity, Seller or present or former employee, officer or director of any member of the Company Group. 

5.11 Leases. 
 (a) No
member of the Company Group owns any real property. Schedule 5.11(a) sets forth a list of all leases, licenses, permits, subleases and occupancy agreements, together with all amendments thereto, with respect to all real property in
which any member of the Company Group has a leasehold interest, whether as lessor or lessee (each, a “Company Group Lease” and collectively, the “Company Group Leases” and the real property of which any
member of the Company Group is a lessee is referred to herein as the “Company Group Leased Real Property”). The applicable member of the Company Group holds a valid leasehold or, as applicable, licensed interest in the
Company Group Leased Real Property, free and clear of all Liens, other than Permitted Liens. No member of the Company Group has leased, subleased, assigned, licensed or otherwise granted to any Person the right to use or occupy any portion of the
Company Group Leased Real Property. All Company Group Leases shall remain valid and binding in accordance with their terms following the Closing. 

(b) No party to any Company Group Lease has given any member of the Company Group written notice of, or made a written claim with respect to,
any breach or default, and, to the Knowledge of the Company, no event has occurred or circumstances exist which, with the delivery of notice, passage of time or both, would constitute such a breach or default or permit the termination, modification
or acceleration of rent under such Company Group Lease. 
 5.12 Assets. 

(a) Except as set forth on Schedule 5.12, the Company Group has good and marketable title, free and clear of any Liens other than
Permitted Liens, to, or a valid leasehold interest under enforceable leases, licenses or similar agreement in, all of the assets of the Company Group reflected in the Interim Balance Sheet or acquired after the date of the Interim Balance Sheet, in
all material respects, except (a) to the extent the enforceability of any such leases or other agreement may be limited by general principles of equity (whether considered in a proceeding at law or in equity), (b) for assets that have been sold
or otherwise disposed of since the date of the Interim Balance Sheet in the ordinary course of business, and (c) the Performance Records (which are addressed in clause (b) below). All tangible assets owned or leased by the Company Group
have been maintained in all material respects in accordance with generally accepted industry practice, are in all material respects in good operating condition and repair, ordinary wear and tear excepted, and are adequate for the uses to which they
are being put. 
 (b) The Company Group exclusively owns or otherwise has an exclusive, irrevocable and legally enforceable right, on a
royalty-free basis, to perpetually use all performance records of the Company Group and any Advisory Client or composites of performance records of multiple Advisory Clients, including all data and other information underlying and supporting such
records (collectively, “Performance Records”). 

  
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 5.13    Intellectual Property. 

(a)    Schedule 5.13(a) sets forth a true, accurate and complete list of (i) all registered trademarks,
(ii) all patents, (iii) all registered copyrights and (iv) all applications for the foregoing (collectively, “Company Group Listed Intellectual Property”), owned by any member of the Company Group, in each case
listing, as applicable, (A) the name of the applicant or registrant and current owner, (B) the date of application or issuance, (C) the jurisdiction where the application or registration is located, and (D) the application or
registration number. The Company Group exclusively owns all right, title and interest in the Company Group Listed Intellectual Property, free and clear of all Liens other than Permitted Liens, and all Company Group Listed Intellectual Property is
subsisting and valid and enforceable. 
 (b)    No present or former employee, officer, or director of any member of the
Company Group, or agent or outside contractor or consultant of any member of the Company Group, holds any right, title or interest, directly or indirectly, in whole or in part, in or to any Company Group IP. 

(c)    To the Knowledge of the Company, there are no conflicts with, or infringements, misappropriations or violations of,
any Intellectual Property owned or purported to be owned by any member of the Company Group, including the Company Group Listed Intellectual Property (collectively, “Company Group IP”) by any third party. The business conducted by
the Company Group does not conflict with, infringe, misappropriate or otherwise violate any intellectual property or other proprietary right of any third party. There is no Action pending or, to the Knowledge of the Company, threatened against any
member of the Company Group: (i) alleging any such conflict with, or infringement, misappropriation or other violation of any third party’s intellectual property or other proprietary rights; or (ii) challenging the ownership or use by
any member of the Company Group, or the validity or enforceability, of any Company Group IP. 
 (d)    The collection and
dissemination of personal customer information by the Company Group in connection with the Company Group Business has been conducted in all material respects in accordance with all Applicable Laws relating to privacy, data security and data
protection, and all applicable privacy policies adopted by the Company Group. 
 5.14 Licenses and Permits. Schedule 5.14 sets
forth a true and complete list of all material licenses, permits, franchises, authorizations, approvals, exemption orders and no-action letters issued or granted to any member of the Company Group by any
Governmental Entity (the “Company Group Licenses and Permits”), and all pending applications therefor. Each Company Group License and Permit has been duly obtained, is valid and in full force and effect. No operations of the Company
Group are being conducted in a manner that violates in any material respect any of the terms or conditions under which any Company Group License and Permit was granted. The Company Group will continue to have the use and benefit of all Company Group
Licenses and Permits following the consummation of the transactions contemplated hereby. No Company Group License or Permit is held in the name of any employee, officer, director, stockholder, agent or otherwise on behalf of a member of the Company
Group. 

  
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 5.15    Compliance with Law. 

(a)    Except as set forth on Schedule 5.15, the TB Organization has complied since January 1, 2015, and is in
compliance with (i) all Applicable Laws, (ii) all Applicable Securities Laws with respect to the business or affairs or properties or assets of the Company or the business or affairs of the Company Group GP Entities and the TB Funds
(collectively, “Investment Laws and Regulations”), and (iii) all Applicable Laws relating to anti-bribery, anti-corruption, anti-money laundering matters and anti-terrorism financing, except, in each case under clauses
(i)-(iii), where any noncompliance would not reasonably be expected to be material to the Company Group, taken as a whole. Since January 1, 2015, the TB Organization has not received notice of any violation of any such law, regulation, order or
other legal requirement, and the TB Organization is not in default in any material respect with respect to any order, writ, judgment, award, injunction or decree of any court or other Governmental Entity, applicable to any of its assets, properties
or operations relating to the business or affairs of the Company Group or the transactions contemplated by this Agreement or which would, or would reasonably be expected to, give rise to an affirmative answer to any of the questions in Item 11, Part
1 or Item 9, Part 2A of the Form ADV of the Company. 
 (b)    (i) Neither the TB Organization nor any of the officers,
managers, directors, or employees of TB Organization have been the subject of any investigations or disciplinary proceedings or orders of any Governmental Entity arising under Applicable Securities Laws, including, without limitation, the Investment
Laws and Regulations, which would be required to be disclosed on Form ADV, or related to any laws and regulations applicable to anti-bribery, anti-corruption, anti-money laundering matters and anti-terrorism financing, and no such disciplinary
proceeding or order is pending or, to the Knowledge of the Company, threatened; (ii) neither TB Organization nor any of the officers, managers, directors, or employees of the TB Organization have been permanently enjoined by the order, judgment
or decree of any court or other Governmental Entity from engaging in or continuing any conduct or practice in connection with any activity; and (iii) none of the TB Organization or any other Person “associated” (as defined under the
Advisers Act or its equivalent under any Applicable Law) with any member of the Company Group has been subject to, or has engaged in or been found to have engaged in conduct that could lead to, a disqualification pursuant to Section 203(e) or
203(f) of the Advisers Act (or its equivalent under any Applicable Laws) to serve as an investment adviser or as an associated Person of a registered investment adviser nor is there any basis for such disqualification. 

(c)    This Section 5.15 does not relate to (i) ERISA or other laws regarding employee
benefit matters with respect to the Company Group, which are governed exclusively by Section 5.18, (ii) employment and labor matters with respect to the Company Group, which are governed exclusively by
Section 5.19, (iii) Environmental Laws with respect to the Company Group, which are governed exclusively by Section 5.22 or (iv) Tax matters with respect to the Company Group, which are
governed exclusively by Section 5.9. 

  
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 5.16    Litigation; Orders. 

(a)    As of the date hereof, there are no (i) claims, actions, suits, inquiries, audits, proceedings, or
investigations (each, an “Action”) that are current, pending or, to the Knowledge of the Company, threatened, before any court, Governmental Entity or arbitrator of any nature, brought by or against the TB Organization or any
officer, manager, director or employee of the TB Organization involving or relating to the TB Organization or that challenge the validity or enforceability of this Agreement or any Ancillary Agreement or that seeks to enjoin or prohibit the
consummation of the transactions contemplated hereby or thereby or (ii) injunctions, orders, decrees, awards or judgments issued by any court, Governmental Entity or arbitrator, or settlement agreements, consent agreements, memoranda of
understanding or disciplinary agreements with any Governmental Entity to which the TB Organization or any officer, manager, director or employee of the TB Organization is subject involving or relating to the TB Organization that would prevent or
materially delay the consummation of the transactions contemplated by this Agreement. There is no Action pending, or to the Knowledge of the Company, threatened, relating to the termination of, or limitation of, the Company’s rights under its
registration under the Advisers Act as an investment adviser or any similar or related rights under any registrations or qualifications with various self-regulatory bodies, states or other jurisdictions or under any other Investment Laws and
Regulations. 
 (b)    This Section 5.16 does not relate to (i) ERISA or other laws
regarding employee benefit matters with respect to the Company Group, which are governed exclusively by Section 5.18, (ii) employment and labor matters with respect to the Company Group, which are governed exclusively by
Section 5.19, (iii) Environmental Laws with respect to the Company Group, which are governed exclusively by Section 5.22 or (iv) Tax matters with respect to the Company Group, which are
governed exclusively by Section 5.9. 
 5.17 Contracts. Schedule 5.17 sets forth a complete and
correct list of all Company Group Material Contracts (as defined below), other than Company Group Portfolio Contracts. 

(a)    Each Company Group Material Contract is valid, binding and enforceable against the member of the Company Group party
thereto, as applicable, and, to the Knowledge of the Company, the other party(ies) thereto in accordance with its terms, and in full force and effect. The applicable member of the Company Group is not in material default under any Company Group
Material Contract, and no event has occurred which, with due notice or lapse of time or both, would constitute such a material default. To the Knowledge of the Company, no other party to any Company Group Material Contract is in material default in
respect thereof, and no event has occurred which, with due notice or lapse of time or both, would constitute such a material default. The Company has delivered to the Buyer true and complete originals or copies of all written Company Group Material
Contracts with all material amendments, waivers or other changes thereto. 
 (b)    A “Company Group Material
Contract” means any agreement, contract or commitment, oral or written, to which a member of the Company Group is a party or by which a member of the Company Group is bound, excluding any Company Group Plans and any Company Group Portfolio
Contracts, in each case as in effect on the date hereof, constituting: 
 (i)    a mortgage, indenture, security
agreement, guaranty, “keep well,” comfort letter, pledge and other agreement or instrument relating to the borrowing of money or extension of credit; 

  
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 (ii)    a joint venture, partnership, strategic alliance, limited
liability company agreement or similar agreement (other than any such agreement entered into in connection with an investment made in the ordinary course of business); 

(iii)    a Company Group Investment Contract, whether or not a member of the Company Group is a party or by which it is
bound; 
 (iv)    any agreement that contains a non-competition covenant which
limits in any respect (i) the manner in which, or the localities in which, the Company Group Business may be conducted or (ii) the ability of any member of the Company Group to provide any type of service or use or develop any type of
product, in each case, that is material to the Company Group Business, taken as a whole; 
 (v)    any agreement
pertaining to the Intellectual Property or to the right of any member of the Company Group to use the Intellectual Property or other proprietary rights of any third party, other than agreements for off-the-shelf or similar commercially available non-custom software; 

(vi)    any agreement in which a broker, finder or similar intermediary is entitled to any broker’s, finder’s or
similar fee or other commission with respect to any Company Group Investment Contract, or any other distribution agreement; 

(vii)    any agreement that creates future or potential payment obligations in excess of $100,000 in any calendar year and
which by its terms does not terminate or is not terminable without penalty upon notice of sixty (60) days or less; 

(viii)    any agreement that provides for earn-outs or other similar deferred or contingent purchase price obligations;

 (ix)    any agreement relating to any (A) pending acquisition or disposition of any business or Person by any
member of the Company Group, or (B) completed acquisition or disposition of any business or Person (whether by purchase, merger, consolidation or otherwise) by any member of the Company Group with material surviving obligations thereunder on
the part of the Company Group; 
 (x)    any agreement providing for future payments or the acceleration or vesting of
payments that are conditioned, in whole or in part, on a change in control of any member of the Company Group; 
 (xi) any Company Group
Affiliate Contract, 
 (xii)    any lease or agreement under which it is lessee of, or holds or operates any personal
property owned by any other party, for which the annual rent exceeds $150,000 (other than a Company Group Lease); 

(xiii)    any lease or agreement under which it is lessor of or permits any third party to hold or operate any property,
real or personal, for which the annual rent exceeds $25,000; 

  
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 (xiv) any contract or agreement with any Governmental Entity; or 

(xv)    any contract or agreement that contains any of the following rights provided to any investor or any number of
investors in a TB Fund: (A) optional redemption rights, (B)    capacity rights, (C) designation rights regarding advisory boards or similar provisions, (D) preemptive rights, (E) special notice or reporting
requirements or (F) early termination or “no fault” termination rights. 
 5.18    Employee Plans.

 (a)    As used herein, “Company Group Plans” collectively refers to all “employee benefit
plans” within the meaning of Section 3(3) of ERISA, whether or not subject to ERISA, and all other bonus, profit sharing, compensation, pension, provident fund or retirement benefit, severance, savings, deferred compensation, fringe
benefit, insurance, welfare, post-retirement health or welfare benefit, health, life, stock option, stock purchase, restricted stock, phantom stock, tuition refund, service award, company car, scholarship, relocation, disability, accident, sick pay,
sick leave, accrued leave, vacation, holiday, termination, unemployment, individual employment, consulting, executive compensation, incentive, commission, retention, change in control, non-competition, or
other benefit plans, agreements, policies, trust funds, or other arrangements (whether written or unwritten, insured or self-insured) established, maintained, sponsored, or contributed to (or with respect to which any obligation to contribute has
been undertaken) by any member of the Company Group on behalf of any employee, officer, director, or consultant of any member of the Company Group (whether current, former or retired) or any of their dependents, spouses, or beneficiaries or under
which any member of the Company Group has or would reasonably be expected to incur any liability, contingent or otherwise. Schedule 5.18(a) sets forth an accurate and complete list of all material Company Group Plans. True and complete copies
of each Company Group Plan (or written descriptions of all material terms of any unwritten Company Group Plan) have been made available to the Buyer prior to the date hereof. With respect to each Company Group Plan, the Seller Representative has
also made available to the Buyer, as applicable: (i) a copy of each trust or other funding arrangement, (ii) each summary plan description and summary of material modifications, (iii) the two (2) most recently filed IRS Form
5500s, (iv) the most recently received IRS determination letter for each such Company Group Plan, and (v) the most recently prepared actuarial report and financial statements in connection with each such Company Group Plan. No member of
the Company Group has any express or implied commitment (A) to create, incur liability with respect to or cause to exist any other employee benefit plan, program or arrangement, (B) to enter into any contract to provide compensation or
benefits to any individual or (C) to modify, change or terminate any Company Group Plan, other than with respect to a modification, change or termination required by ERISA or the Code. 

(b)    With respect to each Company Group Plan, (i) each Company Group Plan is now and has been established,
maintained, funded and administered in all material respects in accordance with its terms, and in compliance in all material respects with Applicable Law and has been duly registered to the extent relevant if required by Applicable Law;
(ii) except as would not reasonably be expected to result in a material liability, there are no pending or, to the Knowledge of the Company, threatened actions, audits, investigations, claims or lawsuits against or relating to any Company Group
Plan or any trust or fiduciary thereof (other than routine benefits claims) and, 

  
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to the Knowledge of the Company, no fact or event exists that would give rise to any such action, audit, investigation, claim or lawsuit; (iii) each Company Group Plan intended to be
qualified under Section 401(a) of the Code has received, or timely requested, a favorable determination, or may rely upon a favorable opinion letter, from the IRS that it is so qualified and, to the Knowledge of the Company, nothing has
occurred since the date of such letter that would reasonably be expected to adversely affect the qualified status of such Company Group Plan; and (iv) all material payments required to be made by the Company Group under any Company Group Plan
or by Applicable Law have been timely made or properly accrued in accordance with the provisions of each Company Group Plan and Applicable Law. 

(c)    No Company Group Plan other than the Company Pension Plan is subject to Section 412, 430 or 4971 of the Code or
Section 302 or Title IV of ERISA. No member of the Company Group or any corporation, trade, business, or entity that would be deemed a “single employer” with any member of the Company Group within the meaning of Section 414(b) or
(c) of the Code or Section 4001 of ERISA or, solely for purposes of Section 412 of the Code, Section 414(m) or (o) of the Code (each, a “Company Group ERISA Affiliate”), or any of their respective
predecessors has contributed to, contributes to, has been required to contribute to, or otherwise participated in or participates in or in any way has any material liability (whether actual or contingent), directly or indirectly, with respect to any
plan subject to Section 412, 430 or 4971 of the Code or Section 302 or Title IV of ERISA other than the Company Pension Plan. No event has occurred and no condition exists with respect to any Company Group Plan that would subject any
member of the Company Group by reason of its affiliation with any current or former Company Group ERISA Affiliate to any material (i) Tax, penalty or fine, (ii) Lien or (iii) other material liability imposed by Applicable Law. No
Company Group Plan provides retiree health, disability or life insurance benefits except as may be required by Section 4980B of the Code and Section 601 of ERISA, any other Applicable Law or at the full expense of the participant or the
participant’s beneficiary. Each of the Company Group Plans is maintained in the United States and is subject only to the laws of the United States or a political subdivision thereof. 

(d)    No “prohibited transaction” under Section 4975 of the Code or Sections 406 and 407 of ERISA, not
otherwise exempt under the Code or ERISA, has occurred with respect to any Company Group Plan. 
 (e)    Except for the
termination of the Company Pension Plan pursuant to Section 8.8, neither the execution, delivery and performance of this Agreement nor the consummation of the transactions contemplated hereby will (either alone or in combination
with another event) (i) result in any severance or other payment becoming due, or increase the amount of any compensation or benefits due, to any current or former employee, officer, director, or consultant of any member of the Company Group;
(ii) limit or restrict the right of any member of the Company Group to merge, amend or terminate any Company Group Plan; (iii) result in the acceleration of the time of payment or vesting, or result in any payment or funding (through a
grantor trust or otherwise) of any such compensation or benefits under, or increase the amount of compensation or benefits due under, any Company Group Plan; or (iv) result in any payment (whether in cash or property or the vesting of property)
to any “disqualified individual” (as such term is defined in Treasury Regulation Section 1.280G-1) that would reasonably be construed, individually or in combination with any other such payment,
to constitute an “excess parachute payment” (as defined in Section 280G(b)(1) of the Code). No Person is entitled to receive any additional payment (including any tax gross-up or other payment)
from any member of the Company Group as a result of the imposition of the excise taxes required by Section 4999 of the Code or any Taxes required by Section 409A of the Code. 

  
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 (f)    The Company Group and the Company Group ERISA Affiliates do not
maintain any Company Group Plan which is a “group health plan,” as such term is defined in Section 5000(b)(1) of the Code, that has not been administered and operated in all respects in compliance with the applicable requirements of
the Patient Protection and Affordable Care Act, as amended, Section 601 of ERISA, Section 4980B(b) of the Code and the applicable provisions of the Health Insurance Portability and Accountability Act of 1986. No member of the Company Group
is subject to any liability, including additional contributions, assessable payments, fines, penalties or loss of tax deduction as a result of such administration and operation. 

(g)    With respect to each Company Group Plan that is a “nonqualified deferred compensation plan” (as defined
for purposes of Section 409A(d)(1) of the Code), such plan or arrangement has been maintained and operated in compliance with Section 409A of the Code and all applicable IRS guidance promulgated thereunder to the extent such plan or
arrangement is subject to Section 409A of the Code and so as to avoid any tax, interest or penalty thereunder. 

5.19    Labor Matters. 

(a)    No member of the Company Group is a party to any collective bargaining agreement or other labor union contract
applicable to the employees and there are not any, and during the past five years (5) have been no, activities or proceedings of any labor union to organize any of the employees pending or under discussion with any labor organization or group
of employees of any member of the Company Group. No member of the Company Group is engaged in any unfair labor practice, as defined in the National Labor Relations Act. There is no unfair labor practice charge or complaint pending, or to the
Knowledge of the Company threatened, before any applicable Governmental Entity relating to any member of the Company Group. 

(b)    There is no labor strike, slowdown or work stoppage or lockout pending or, to the Knowledge of the Company,
threatened against or affecting any member of the Company Group, and no member of the Company Group has experienced any strike, slowdown or work stoppage, lockout or other collective labor action by or with respect to the employees in the past five
(5) years. 
 (c)    The Company Group is and during the past five (5) years has been in material compliance
with all Applicable Laws relating to employment and employment practices, including discrimination or harassment in employment, terms and conditions of employment, termination of employment, wages, overtime classification, hours, occupational safety
and health, employee whistle-blowing, immigration, employee privacy, and classification of employees, consultants and independent contractors. 

(d)    No member of the Company Group has received any written notice from any national, state, local or foreign agency or
Governmental Entity responsible for the enforcement of labor or employment laws of an intention to conduct an investigation of any member of the Company Group and to the Knowledge of the Company, no such investigation is in progress. No member of
the Company Group is a party to, or otherwise bound by, any consent decree with, or citation by, any Governmental Entity relating to employees or employment practices. 

  
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 (e)    To the Knowledge of the Company, there has not been, and the
Sellers do not anticipate or have any reason to believe that there will be, any adverse change in relations with employees as a result of the announcement of the transactions contemplated by this Agreement. To the Knowledge of the Company, no
current employee or officer of any member of the Company Group intends, or is expected, to terminate his employment relationship with such entity following the consummation of the transactions contemplated hereby. 

5.20 Insurance. Schedule 5.20 lists each insurance policy maintained by any member of the Company Group. As of the date hereof,
all such policies are in full force and effect and no application therefor included a material misstatement or omission. All premiums with respect thereto have been paid to the extent due. No member of the Company Group is in default in any material
respect under any provisions of any such policy of insurance nor has any member of the Company Group received notice of cancellation of any such insurance. No claim currently is pending under any such policy involving an amount in excess of $25,000.
All material insurable risks in respect of the business and assets of the Company Group are covered by such insurance policies and the types and amounts of coverage provided therein are usual and customary in the context of the business and
operations in which the Company Group is engaged. The activities and operations of the Company Group have been conducted in a manner so as to conform in all material respects to all applicable provisions of such insurance policies. The consummation
of the transactions contemplated by this Agreement and the Ancillary Agreements will not cause a cancellation or reduction in the coverage of such policies. 

5.21 Transactions with Directors, Officers, Members and Affiliates. Schedule 5.21 lists each Company Group Affiliate Contract.
No Seller, Seller Owner or employee of any member of the Company Group, or any immediate family member or Affiliate of any Seller or Seller Owner, (a)    owns any direct or indirect interest in (other than through ownership of
the Company set forth in Schedule 5.6(a)(i)) (i) any asset or other property used in or held for use in the Company Group Business or (ii) any consultant, service provider, supplier, customer, landlord, tenant, creditor or debtor of or
to any member of the Company Group or the Company Group Business; (b) serves as a trustee, officer, director or employee of any investment in which a TB Fund has an interest (other than in the capacity as a member of the advisory board or
similar committee); or (c) has any loan outstanding from, or is otherwise a debtor of, or has any loan outstanding to, or is otherwise a creditor of, any member of the Company Group or the Company Group Business or any investment in which a TB
Fund has an interest. Ownership of less than 5% of a class of securities of a Person that is publicly traded shall not be deemed to be an interest for purpose of this Section 5.21. 

5.22 Environmental Matters. The Company Group holds all licenses, permits and other authorizations required under all Applicable Laws,
regulations and other requirements of governmental or regulatory authorities relating to pollution (or the cleanup thereof), to the protection of natural resources, endangered or threatened species, the environment or human health and safety or to
the presence or handling of or exposure to hazardous substances (“Environmental Laws”) to operate at the Company Group Leased Real Property and to carry on the Company Group Business as now conducted, except as would not
reasonably be expected to be material to the Company Group, taken as a whole, and is in compliance in all material respects with all Environmental Laws and with all such licenses, permits and authorizations. 

  
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 5.23    Investment Adviser Activities. 

(a)    The Company is duly registered with the SEC as an investment adviser and with all other applicable Governmental
Entities as an investment adviser to the extent required by Applicable Law, unless the failure to be so duly registered would not reasonably be expected to be material to the Company Group Business. Except for this registration, none of the Sellers,
the Company Group, the Company Group GP Entities or any of the Company Group’s officers, managers, directors or employees is, or is required to be, registered or appointed as an “investment adviser” or “investment adviser
representative” under Applicable Law. Each such registration is in full force and effect. 
 (b)    No member of the
Company Group (i) is or has been a “broker-dealer” within the meaning of the Exchange Act and (ii) is or has been required to be registered, licensed or qualified as a broker-dealer under the Exchange Act or any other Applicable
Law. 
 (c)    No member of the Company Group or, to the Knowledge of the Company, any officer, manager, director or
employee thereof is, or since January 1, 2015 has been, required to be registered (i) in any jurisdiction or with the SEC or any other Governmental Entity as a broker-dealer, broker-dealer agent, registered representative, sales person or
transfer agent or (ii) with the Commodity Futures Trading Commission as a “commodity pool operator” (as defined in the CEA) or a “commodity trading advisor” (as defined in the CEA). 

(d)    To the Knowledge of the Company, no employee of any member of the Company Group conducts investment management or
investment advisory or sub-advisory activities except (i) as part of his or her employment with the applicable member of the Company Group, (ii) managing his or her own investments or the investments
of family members (including as an executor or similar agent), including as permitted by the family office exemption pursuant to Rule 202(a)(11)(G)-1 under the Advisers Act, or (iii) on behalf of
charitable organizations as a member of a board or committee for which no compensation is paid. 
 (e)    There is no open-end investment company, closed-end investment company, unit investment trust, business development company or other collective investment vehicle registered or, the
Knowledge of the Company, required to be registered under the Investment Company Act to which, or on whose behalf, any member of the Company Group acts, or has acted, as investment adviser, sub-adviser,
sponsor or distributor or otherwise provides or provided investment management or advisory services, or, additionally, in the case of any open-end investment company, acts or acted as principal underwriter.

 (f)    No Advisory Client is a “benefit plan investor” within the meaning of Section 3(42) of ERISA or
an entity or account the assets of which constitute “plan assets” for purposes of ERISA or Section 4975 of the Code. 

  
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 5.24    Clients and Investment Contracts. 

(a)    Schedule 5.24 lists each Person to whom any member of the Company Group provides any Investment Management
Services, including, without limitation, the TB Funds (each, an “Advisory Client” and, collectively, the “Advisory Clients”). Schedule 5.24 also identifies whether such Advisory Client is a TB Fund or other
type of Advisory Client (e.g., separate account client) and lists (i) the domicile of such Advisory Client, (ii) the Revenue Run Rate with respect to such Advisory Client as of the date indicated and (iii) whether such Advisory Client
is a Related Client. Additionally, in the case of each TB Fund, Schedule 5.24 shall (x) set forth the aggregate capital commitments, the aggregate contributed capital, the aggregate capital account value as of the date indicated, the
aggregate remaining capital commitments and the management fee schedule in effect (including any applicable management fee waivers or discounts), and (y) identify the name of each investor in the TB Funds. 

(b)    Each Company Group Investment Contract has been performed in accordance with its terms, the Advisers Act and all
other Applicable Laws by the Company Group, except, in each case, as would not reasonably be expected to be material to the Company Group Business. No Advisory Client or investor in any Advisory Client is in material default of any obligation
(including any economic obligation) under any of its Company Group Investment Contracts or any Company Group Investment Contract in respect of the Company Group. No subscription agreement materially alters the material terms of any Company Group
Investment Contract. 
 (c)    As of the date of this Agreement, the Company has not received notice from any Advisory
Client of such Advisory Client’s intent to terminate its Company Group Investment Contract, to engage in negotiations to amend the terms and conditions of its Company Group Investment Contract, or to withdraw assets from the Company’s
management, in each case other than in the ordinary course of business. 
 5.25    Code of Ethics; Compliance
Procedures; Compliance. 
 (a)    The Company has adopted (and since January 1, 2015 has maintained at all times
required by Applicable Law) (i) a written code of ethics, as required by Rule 204A-1 under the Advisers Act, (ii) a written policy regarding insider trading and the protection of material non-public information, (iii) policies and procedures with respect to the protection of non-public personal information about customers, clients and other third parties
designed to assure compliance with Applicable Law, (iv) a proxy voting policy as required by Rule 206(4)-6 under the Advisers Act, (v) anti-money laundering and customer identification programs in
compliance with Applicable Law; (vi) policies and procedures with respect to business continuity plans in the event of business disruptions; (vii) policies and procedures for the allocation of investments purchased for its clients and
(viii) all other policies and procedures pursuant to Rule 206(4)-7 under the Advisers Act (all of the foregoing policies and procedures being referred to collectively as “Adviser Compliance
Policies”), and has designated and approved a chief compliance officer. There have been no material violations or allegations of material violations of the Adviser Compliance Policies. True and correct copies of the Adviser Compliance
Policies have been delivered to the Buyer prior to the date hereof. 

  
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 (b)    The Company has conducted an oral or written review of the
adequacy of such Adviser Compliance Policies for each 12-month period ended December 31 from 2015 through 2019 and the Company has determined, based upon such reviews, that the Adviser Compliance Policies
have been effectively implemented in all material respects and in accordance with Applicable Law. 
 (c)    Neither any
member of the Company Group nor, to the Knowledge of the Company, any of the persons associated with any member of the Company Group as specified in Section 506 of Regulation D under the Securities Act are subject to any of the disqualifying
events listed in Section 506. 
 (d)    Since January 1, 2015, no TB Organization and, to the Knowledge of the
Company, no director, trustee, officer or employee of any TB Organization, has used any funds for campaign contributions that would cause any member of the Company Group to be in violation of Rule 206(4)-5 of
the Advisers Act. 
 5.26 Form ADV. The Company has made available to the Buyer a copy (current as of the date of this Agreement) of
the Company’s Form ADV Parts 1, 2A and 2B, as filed with the SEC or delivered to Advisory Clients, as applicable. Except as set forth in Schedule 5.26, as of the date of each filing, amendment or delivery, as applicable, each part of
each such Form ADV was accurate and correct in all material respects, did not omit to state a fact necessary to make the statements therein not misleading in light of the circumstances under which they were made and complied in all material respects
with Applicable Law. 
 5.27    Additional Representations and Warranties Regarding the TB Funds. 

(a)    Since its inception, no TB Fund has (i) been required to register as an investment company under the Investment
Company Act or (ii) issued or had outstanding any shares or other equity interests that are registered or required to be registered under the Securities Act, the Exchange Act or any comparable regulatory regimes. No TB Fund is advised by any
Person serving in the capacity of primary adviser, sub-adviser or any other advisory role to such TB Fund other than the Company. 

(b)    As to each TB Fund, there has been in full force and effect a Company Group Investment Contract at all times that a
member of the Company Group was performing investment management, advisory or sub-advisory or similar services for such TB Fund. Each Company Group Investment Contract pursuant to which a member of the Company
Group has received compensation respecting its activities in connection with any of the TB Funds was duly approved and performed in all material respects in accordance with the applicable organizational documents and Applicable Law. The Company has
provided to Buyer prior to the date hereof true and complete copies of each Company Group Investment Contract and all side letters with any investor in a TB Fund. 

(c)    Each TB Fund has been duly organized and is validly existing and in good standing under the laws of the jurisdiction
of its organization and has all requisite corporate, partnership, limited liability company, or similar power and authority. Each TB Fund is duly qualified, licensed or registered to do business in each jurisdiction where it is required to do so

  
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under Applicable Law, except for any failure to be so qualified, licensed or registered that would not reasonably be expected to have, individually, a material adverse effect on the Company
Group, taken as a whole. All outstanding shares, units or interests of each TB Fund (i) have been issued, offered and sold in compliance with Applicable Law in all material respects and (ii) have been duly authorized and validly issued and
are fully paid (other than with respect to any unfunded capital commitments that may be called by the relevant Company Group GP Entity of such TB Fund pursuant to the limited partnership agreement or limited liability company agreement (or
equivalent) of such TB Fund) and (if applicable) non-assessable. 
 (d)    Each
TB Fund currently is, and has been since its inception, operated in compliance in all material respects with the terms of its Company Group Investment Contracts. Each TB Fund is in material compliance with the terms governing each of its underlying
investments (including, without limitation, in respect of compliance with any applicable reporting and confidentiality provisions). No TB Fund is in default with respect to any obligations to contribute capital to such underlying investments.
Schedule 5.27(d) sets out for each TB Fund as of the date indicated a schedule of investments including cost, current value, and remaining commitment for each investment. 

(e)    There are no material consent judgments or judicial orders on or with regard to any of the TB Funds. 

(f)    Except as set forth on Schedule 5.27(f), the Company has provided to Buyer prior to the date hereof true and
complete copies of the audited financial statements, prepared in accordance with GAAP of each of the TB Funds, for the three (3) fiscal years ending December 31, 2019, December 31, 2018 and December 31, 2017 (each hereinafter
referred to as a “TB Fund Financial Statement”). Each of the TB Fund Financial Statements is consistent with the books and records of the related TB Fund, and presents fairly in all material respects the consolidated
financial position of the TB Fund in accordance with GAAP applied on a consistent basis (except as otherwise noted therein) at the respective date of such TB Fund Financial Statement and the results of operations and cash flows for the respective
periods indicated. The TB Fund Financial Statements reflect and disclose all material changes in accounting principles and practices adopted by each of the TB Funds during the periods covered by each TB Fund Financial Statement. 

(g)    Except as described in Schedule 5.27(g), no TB Fund has at any time been terminated, or has had its
investment operations (including such TB Fund’s ability to call or recycle capital for investment purposes) suspended or terminated, prior to the end of its stated term or had its management, investment management or investment advisory
function transferred away from any member of the Company Group. 
 (h)    Schedule 5.27(h) lists the Indebtedness
of each TB Fund. Each TB Fund is in material compliance with, and since January 1, 2015 has not been in default under, any Indebtedness. 

(i)    No intermediary, placement agent, distributor or solicitor has unlawfully marketed any of the services of any TB
Fund or unlawfully marketed or sold any interest in any TB Fund, and there are no outstanding claims against any member of the Company Group or any TB Fund with respect to such marketing or sale. 

  
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 (j)    Except for such failures which, individually or in the aggregate,
would not reasonably be expected to be material to the Company Group Business, each TB Fund and Company Group GP Entity (and the applicable member of the Company Group or Ultimate GP, as applicable, on behalf of each TB Fund and Company Group GP
Entity) is in compliance with, and has since January 1, 2015 complied with the privacy rules and applicable regulations promulgated under the Gramm-Leach-Bliley Act, including the giving of any required notices to investors in each of the TB
Funds. 
 (k)    All Performance Records and private placement memoranda containing Performance Records provided,
presented or made available by any member of the Company Group to any Advisory Client or any actual or potential investor in any TB Fund have, to the Knowledge of the Company, (i) complied with Applicable Law in all material respects and
(ii) did not at the time they were so provided, presented or made available contain any untrue statement of a fact or, solely with respect to any private placement memoranda containing Performance Records, omit to state a fact required to be
stated in them or necessary to make the statements in them, in light of the circumstances under which they were made, not misleading. The Company maintains all documentation necessary to form a basis for, demonstrate or recreate the calculation of
the performance or rate of return of all accounts that are included in the Performance Records as required by Applicable Law. 
 5.28 No
Brokers. Except for Colchester Partners, no broker, finder or similar intermediary has acted for or on behalf of, or is entitled to any broker’s, finder’s or similar fee or other commission from, the Company in connection with this
Agreement or the transactions contemplated hereby. 
 5.29 Regulatory Reports; Filings. Since January 1, 2015, the Company has
filed, on a timely basis, Form ADV and all other required regulatory reports, schedules, forms, registrations and other documents in each case that are material to the TB Organization, as applicable, together with any amendments required to be made
with respect thereto with (i) the SEC, (ii) any applicable domestic or foreign industry self-regulatory organization (“SRO”), and (iii) all other applicable federal, state or foreign governmental or regulatory
agencies or authorities (collectively with the SEC and the SROs, “Regulatory Agencies”), and has paid all fees and assessments due and payable in connection therewith. Except for routine examinations conducted by a Regulatory Agency
in the regular course of the business of the Company or as set forth on Schedule 5.29, no Regulatory Agency has initiated, or threatened to initiate, any material proceeding or, to the Knowledge of the Company, material investigation or
inquiry into the business or operations of the Company. There is no unresolved violation, criticism, or exception by any Regulatory Agency with respect to any report or statement relating to any examinations of the Company, in each case that is
material to the Company. 
 5.30 Additional Representations and Warranties Regarding the Company Group GP Entities. 

(a)    No Company Group GP Entity is in default or breach in any material respect under any TB Fund governing documents
with respect to any obligations to contribute or return capital to any TB Fund, including with respect to any capital commitment, capital contribution, “giveback,” “clawback” or other funding/return obligation. 

  
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 (b)    Except as set forth on Schedule 5.30, since
January 1, 2015, no Person has taken or failed to take any action that would: (i) suspend or terminate any management, investment advisory or similar agreement by and between any member of the Company Group, on one hand, and any TB Fund,
Company Group GP Entity or other advisory client on the other hand (including, for the avoidance of doubt, each Company Group Investment Contract), (ii) constitute grounds for removal of any Company Group GP Entity (or similar cessation of control)
from such role under the governing documents of the applicable TB Fund, (iii) constitute grounds for suspension or early termination of any TB Fund’s investment or commitment period or early termination or dissolution of the TB Fund or
(iv) otherwise suspend, modify, reduce or waive the payment (whether direct or indirect) of management fees or similar remuneration otherwise payable to any member of the Company Group by any TB Fund, Company Group GP Entity or other advisory
client. 
 (c)    There are no material consent judgments or judicial orders on or with regard to any of the Company
Group GP Entities. 
 5.31 Exclusivity of Representations. The representations and warranties made by the Company in this
Section 5 are the sole and exclusive representations and warranties made by the Company with respect to the Company Group Business, the Company Group, the Company Group GP Entities and/or the TB Funds (the Company Group
Business, the Company Group, the Company Group GP Entities and the TB Funds referred to collectively as the “TB Organization”) and otherwise in connection with this Agreement, the Ancillary Agreements and the transactions
contemplated hereby and thereby. Other than the representations and warranties set forth in this Section 5, the Company does not make any express or implied representation or warranty, and hereby disclaims any such express
or implied representations or warranties with respect to the TB Organization, this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby (including any relating to the future or historical financial condition,
results of operations, prospects, assets or liabilities of the Company Group, or the quality, quantity or condition of the Company Group assets). The Buyer acknowledges that it has conducted to its satisfaction an independent investigation and
verification of the financial condition, results of operations, assets, liabilities, properties and projected operations of the Company Group, and, in making its determination to proceed with the transactions contemplated by this Agreement, the
Buyer has relied solely on the results of its own independent investigation and verification and the representations and warranties of the Company and the Sellers expressly and specifically set forth in Section 5 and
Section 6, respectively, as qualified by the Schedules. 
 SECTION 6. 

REPRESENTATIONS AND WARRANTIES OF THE SELLERS. 

Except as set forth in the Schedules (provided, that any information disclosed in one section of such Schedules shall be deemed to
apply to each other section thereof to which its relevance is reasonably apparent on its face), each Seller hereby severally represents and warrants to the Buyer, solely on behalf of itself, as follows: 

  
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 6.1 Incorporation; Authorization and Validity. Such Seller is a corporation duly
organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own its properties and assets and to conduct its business as now conducted. Such Seller is not in violation of any
of the provisions of its certificate of incorporation and bylaws, as amended to date. Such Seller has all requisite power, authority and legal capacity to enter into this Agreement and each of the Ancillary Agreements to which it will be a party and
to carry out its obligations hereunder and thereunder. The execution and delivery by such Seller of this Agreement and each of the Ancillary Agreements to which it will be a party and the performance of its obligations hereunder and thereunder have
been duly authorized by all necessary action by such Seller, and no other proceedings on the part of such Seller are necessary to authorize such execution, delivery and performance. This Agreement and each of the Ancillary Agreements to which it
will be a party have been duly executed by such Seller and constitutes its valid and binding obligation, enforceable against it in accordance with the terms hereof and thereof, except as such enforceability may be limited by bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium or similar Applicable Laws affecting creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 

6.2 No Conflict or Violation. The execution, delivery and performance by such Seller of this Agreement does not and will not
(a) violate or conflict with any provision of such Seller’s certificate of incorporation or bylaws, as amended to date, (b) violate any provision of law, or any order, judgment or decree of any court, arbitrator or other Governmental
Entity, or (c) violate or result in a breach of or constitute (with due notice or lapse of time or both) a default under, require any consent of or notice to any Person pursuant to, give to others any right of termination, amendment,
modification, acceleration or cancellation of, allow the imposition of any fees or penalties, require the offering or making of any payment or redemption, give rise to any increased, guaranteed, accelerated or additional rights or entitlements of
any Person or otherwise adversely affect any rights of any member of the Company Group under, or result in the creation of any Lien on any property, asset or right of any member of the Company Group pursuant to, any note, bond, mortgage, indenture,
agreement, lease, license, permit, franchise, instrument, obligation or other contract to which any member of the Company Group is a party or by which any member of the Company Group or any of their properties, assets or rights are bound or
affected, except, in the case of each of clauses (b) and (c) above, as would not, individually or in the aggregate, reasonably be expected to be materially adverse to the Company Group, taken as a whole. 

6.3 Consents and Approvals. Except for any filings required to be made under the HSR Act and as set forth on Schedule 5.4, no Consent
of any Governmental Entity or any other Person, and no declaration to or filing or registration with any Governmental Entity, is required in connection with the execution and delivery of this Agreement by such Seller and the Ancillary Agreements to
which such Seller will be a party, the performance by such Seller of its obligations hereunder or thereunder or the transactions contemplated by this Agreement and the Ancillary Agreements to which such Seller will be a party. 

6.4 Interests. Each such Seller is the record and beneficial owner of the Interests set forth opposite such Seller’s name on
Schedule 6.4, free and clear of any Liens (other than generally applicable restrictions on transfer under Applicable Law or the Formation Documents). Delivery by such Seller of the Interests to be conveyed by such Seller will convey to the Buyer
good and valid title to such Interests free and clear of any Liens (other than generally applicable restrictions on transfer under Applicable Law or the Formation Documents) 

  
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 6.5 Litigation. As of the date of this Agreement, (a) there are no Actions
pending or, to the Knowledge of such Seller, threatened, before any court or Governmental Entity, or before any arbitrator of any nature, brought against such Seller, and (b) there is no injunction, order, judgment, decree or regulatory
restriction imposed upon such Seller, that, in the case of clause (a) or clause (b), would (x) reasonably be expected, individually or in the aggregate, to have a material adverse effect on the ability of such Seller to consummate the
transactions contemplated by this Agreement or any Ancillary Agreement or to comply with its obligations hereunder or thereunder in a timely manner or (y) challenge the validity of the transactions contemplated by this Agreement. 

6.6 No Brokers. No broker, finder or similar intermediary has acted for or on behalf of, or is entitled to any broker’s,
finder’s or similar fee or other commission from, such Seller in connection with this Agreement or the transactions contemplated hereby 

6.7 Exclusivity of Representations. The representations and warranties made by the Sellers in this Section 6
are the sole and exclusive representations and warranties made by the Sellers with respect to the TB Organization and otherwise in connection with this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby. Other
than the representations and warranties set forth in this Section 6, no Seller or Seller Owner makes any express or implied representation or warranty, and each Seller and Seller Owner hereby disclaims any such express or
implied representations or warranties with respect to such Seller, Seller Owner, the TB Organization, this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby (including any relating to the future or historical
financial condition, results of operations, prospects, assets or liabilities of the Company Group, or the quality, quantity or condition of the Company Group assets). The Buyer acknowledges that it has conducted to its satisfaction an independent
investigation and verification of the financial condition, results of operations, assets, liabilities, properties and projected operations of the Company Group, and, in making its determination to proceed with the transactions contemplated by this
Agreement, the Buyer has relied solely on the results of its own independent investigation and verification and the representations and warranties of the Company Group and the Sellers expressly and specifically set forth in
Section 5 and Section 6, respectively, as qualified by the Schedules. 
 SECTION 7. 

REPRESENTATIONS AND WARRANTIES OF THE BUYER 

Except as set forth in the Schedules (provided, that any information disclosed in one section of such Schedules shall be deemed to
apply to each other section thereof to which its relevance is reasonably apparent on its face), the Buyer hereby represents and warrants to the Sellers as follows: 

7.1 Formation. Each member of the Buyer Group is duly formed or organized, validly existing and in good standing under the laws of the
state of its formation or organization, and has all requisite power and authority to own its properties and assets and to conduct its business as now conducted. Copies of the certificate of formation and the limited liability company agreement of
the Buyer, together with all amendments thereto existing as of the date hereof (collectively, the “Buyer Formation Documents”), the certificate of incorporation and bylaws of the Guarantor, together with all amendments thereto
existing as of the date hereof (collectively, the “Guarantor Organizational Documents”), have been furnished to the Sellers, and such copies are accurate and 

  
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complete as of the date hereof. The Buyer is not in violation of any of the provisions of the Buyer Formation Documents. The Guarantor is not in violation of any of the provisions of the
Guarantor Organizational Documents. Except for the Buyer Formation Documents, the Guarantor Organizational Documents or as set forth on Schedule 7.1, there are no Contracts to which any member of the Buyer Group is a party relating to the
acquisition, disposition, voting or registration of any equity interests in any member of the Buyer Group. 
 7.2 Qualification to Do
Business. Each member of the Buyer Group is duly qualified to do business in its jurisdiction of organization and is in good standing in every jurisdiction in which the character of the properties owned or leased by it or the nature of the
business as currently conducted by it makes such qualification necessary, except where failure to be so qualified or in good standing, individually or in the aggregate, would not reasonably be expected to be materially adverse to the Buyer Group,
taken as a whole. 
 7.3    No Conflict or Violation. 

(a)    The execution, delivery and performance by the Buyer of this Agreement does not and will not (i) violate or
conflict with any provision of the Buyer Formation Documents, (ii)    violate any provision of law, or any order, judgment or decree of any court, arbitrator or other Governmental Entity, or (iii) violate or result in a
breach of or constitute (with due notice or lapse of time or both) a default under, require any consent of or notice to any Person pursuant to, give to others any right of termination, amendment, modification, acceleration or cancellation of, allow
the imposition of any fees or penalties, require the offering or making of any payment or redemption, give rise to any increased, guaranteed, accelerated or additional rights or entitlements of any Person or otherwise adversely affect any rights of
any member of the Buyer Group under, or result in the creation of any Lien on any property, asset or right of any member of the Buyer Group pursuant to, any note, bond, mortgage, indenture, agreement, lease, license, permit, franchise, instrument,
obligation or other contract to which any member of the Buyer Group is a party or by which any member of the Buyer Group or any of their properties, assets or rights are bound or affected, except, in the case of each of clauses (ii) and (iii)
above, (A) as would not, individually or in the aggregate, reasonably be expected to be materially adverse to the Buyer Group, taken as a whole, and (B) in connection with any Consents required under the Advisers Act. 

(b)    The execution, delivery and performance by the Guarantor of this Agreement does not and will not (i) violate or
conflict with any provision of the Guarantor Organizational Documents, (ii) violate any provision of law, or any order, judgment or decree of any court, arbitrator or other Governmental Entity, or (iii) violate or result in a breach of or
constitute (with due notice or lapse of time or both) a default under, require any consent of or notice to any Person pursuant to, give to others any right of termination, amendment, modification, acceleration or cancellation of, allow the
imposition of any fees or penalties, require the offering or making of any payment or redemption, give rise to any increased, guaranteed, accelerated or additional rights or entitlements of any Person or otherwise adversely affect any rights of any
member of the Buyer Group under, or result in the creation of any Lien on any property, asset or right of any member of the Buyer Group pursuant to, any note, bond, mortgage, indenture, agreement, lease, license, permit, franchise, instrument,
obligation or other contract to which any member of the Buyer Group is a party or by which any member of the Buyer Group or any of their 

  
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properties, assets or rights are bound or affected, except, in the case of each of clauses (ii) and (iii) above, (A) as would not, individually or in the aggregate, reasonably be
expected to be materially adverse to the Buyer Group, taken as a whole, and (B) in connection with any Consents required under the Advisers Act. 

7.4 Consents and Approvals. Except for any filings required to be made under the HSR Act or in connection with any Consents required
under the Advisers Act, Schedule 7.4 sets forth a true and complete list of (a) each Consent of any Governmental Entity, (b) each Consent of any other Person required under any Buyer Group Material Contract and (c) each declaration to
or filing or registration with any such Governmental Entity, in each case of clauses (a), (b) and (c), that is required in connection with the execution and delivery of this Agreement by the Buyer or the Guarantor or the Ancillary Agreements to
which the Buyer or the Guarantor will be a party, the performance by the Buyer or the Guarantor of their obligations hereunder or thereunder or the transactions contemplated by this Agreement and the Ancillary Agreements to which the Buyer or the
Guarantor will be a party. 
 7.5 Authorization and Validity of Agreement. Each of the Buyer and the Guarantor have all requisite
power and authority to enter into this Agreement and each of the Ancillary Agreements to which it will be a party and to carry out its obligations hereunder and thereunder. The execution and delivery by each of the Buyer and the Guarantor of this
Agreement and each of the Ancillary Agreements to which it will be a party and the performance of its obligations hereunder and thereunder have been duly authorized by all necessary action by the Buyer, the board of managers and the members of the
Buyer (with respect to the Buyer), the Guarantor and the board of directors of the Guarantor (with respect to the Guarantor), and no other proceedings on the part of any member of the Buyer Group are necessary to authorize such execution, delivery
and performance. This Agreement and each of the Ancillary Agreements to which the Buyer and the Guarantor will be a party have been duly executed by the Buyer and the Guarantor, respectively, and constitute the Buyer’s and Guarantor’s
valid and binding obligations, enforceable against it in accordance with the terms hereof and thereof, except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar Applicable
Laws affecting creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity). 

7.6    Capitalization. 

(a)    Except as set forth on Schedule 7.6(a)(i), 89,234,816 Common Units, 6,700,000 Series A Preferred Units,
10,000,000 Series B Preferred Units, 3,337,470 Series C-1 Preferred Units and 333,333 Series C-2 Preferred Units are issued and outstanding and are owned by the Persons
in such amounts as set forth on Schedule 7.6(a)(ii). Except as set forth on Schedule 7.6(a)(iii), (i) the Buyer does not have any Subsidiaries and (ii) the Buyer does not, directly or indirectly, own or hold any rights to
acquire, any capital stock or any other securities, interests or investments in any Person. The Series D Preferred Units to be issued at the Closing will be duly authorized, validly issued, fully paid and nonassessable, except as such
nonassessability may be affected by Sections 18-607 and 18-804 of the Delaware Limited Liability Company Act. Except as set forth in the Buyer Formation Documents, there
are no securities convertible into or exchangeable for units or any other equity or ownership interests, no rights to subscribe for or to purchase or any options for the purchase of, and no agreements providing for the issuance

  
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(contingent or otherwise) of, or any calls, commitments or claims of any other character relating to the issuance of, units or any other equity or ownership interests, or any units or securities
convertible into or exchangeable for any membership interests or any other equity or ownership interests, or phantom units or other equity-like instruments, of the Buyer. The Buyer does not have any outstanding bonds, debentures, notes or other
obligations the holders of which have the right to vote (or convertible into or exercisable for securities having the right to vote) with the equityholders of the Buyer on any matter. No securities or other equity or ownership interests of the Buyer
have been issued in violation of any rights, agreements, arrangements or commitments under any provision of Applicable Law, the Buyer Formation Documents or any Contract to which the Buyer is a party or by which the Buyer is bound. 

(b)    The authorized capital stock of the Guarantor consists of 110,000,000 shares of common stock, par value $0.001 per
share, of the Guarantor (“Guarantor Common Stock”) and 2,000,000 shares of preferred stock, par value $0.001 per share, of the Guarantor. As of the date hereof, 89,234,816 shares of Guarantor Common Stock are issued and
outstanding and no shares of preferred stock of the Guarantor are issued and outstanding. Except as set forth on Schedule 7.6(b), (i) the Guarantor does not have any Subsidiaries and (ii) the Guarantor does not, directly or indirectly,
own or hold any rights to acquire, any capital stock or any other securities, interests or investments in any Person. Except as set forth in the Guarantor Organizational Documents, there are no securities convertible into or exchangeable for stock
or any other equity or ownership interests, no rights to subscribe for or to purchase or any options for the purchase of, and no agreements providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any other
character relating to the issuance of, stock or any other equity or ownership interests, or any stock or securities convertible into or exchangeable for any membership interests or any other equity or ownership interests, or phantom stock or other
equity-like instruments, of the Guarantor. The Guarantor does not have any outstanding bonds, debentures, notes or other obligations the holders of which have the right to vote (or convertible into or exercisable for securities having the right to
vote) with the stockholders of the Guarantor on any matter. No securities or other equity or ownership interests of the Guarantor have been issued in violation of any rights, agreements, arrangements or commitments under any provision of Applicable
Law, the Guarantor Organizational Documents or any Contract to which the Guarantor is a party or by which the Guarantor is bound. 

7.7    Financial Statements. The Buyer has heretofore furnished to the Sellers copies of
(a)    the audited consolidated balance sheet of the Guarantor as of December 31, 2019, together with the related audited consolidated statements of income, operations and members’ capital for the year ended
December 31, 2019 and the notes thereto and (b) the unaudited consolidated balance sheet of the Guarantor as of the quarter ended June 30, 2020 (the “Guarantor Interim Balance Sheet”), together with the related
unaudited consolidated statements of income, operations and members’ capital for the quarter ended June 30, 2020 (all such financial statements referred to in clauses (a) and (b) above, the “Guarantor Financial
Statements”). The Guarantor Financial Statements (i) are correct and complete in all material respects, (ii) were prepared in accordance with GAAP, (iii) present fairly in all material respects the financial position, results
of operations and changes in financial position of the Buyer Group as of such dates and for the periods then ended (subject, in the case of interim financial statements, to normal year-end adjustments and the
absence of footnotes) and (iv) are prepared in accordance with the books of account and records of the Buyer Group in all material respects. The books of account and financial records of the Buyer Group are true and correct in all material
respects and have been prepared and are maintained in accordance with sound accounting practice. 

  
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 7.8 Absence of Certain Changes or Events. Except as set forth on Schedule 7.8, since
the date of the Guarantor Interim Balance Sheet, 
 (a) there has not been any Buyer Group Material Adverse Effect; and 

(b)    the Buyer Group has in all material respects conducted its business only in the ordinary course consistent with past
practice. 
 7.9    Tax Matters. 

(a)    Each member of the Buyer Group has filed (taking into account all extensions of time to file) all U.S. federal and
state income Tax Returns and all other material Tax Returns that it was required to file, and all such Tax Returns are true, correct, and complete in all material respects. All material Taxes due and owing by any member of the Buyer Group (whether
or not shown on any Tax Return) have been paid, except to the extent such amounts are being contested in good faith and have been adequately accrued and reserved against and entered on the books of the Buyer Group. No member of the Buyer Group is
currently the beneficiary of any extension of time within which to file any Tax Return, other than customary extensions that are automatically available. No written claim has been made within the past three (3) years by a Taxing Authority in a
jurisdiction where any member of the Buyer Group does not file Tax Returns that such member of the Buyer Group is or may be subject to taxation by that jurisdiction. There are no Liens for Taxes (other than Permitted Liens) upon any of the assets of
any member of the Buyer Group. Each member of the Buyer Group has withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder, or other
third party, and all Forms W-2 and 1099 required with respect thereto have been properly completed and filed. 

(b)    As of the end of Guarantor’s federal income tax year that ended December 31, 2019, the Guarantor had not
less than $255 million of net operating loss carryovers for federal income tax purposes, as defined in Section 172(b) of the Code (“NOLs”). Except as provided in Schedule 7.9(b), there is no limitation on the utilization
of NOLs, capital losses, built-in losses, tax credits or similar items of the Guarantor under Sections 269, 382, 383, or 384 of the Code or under the provisions of the consolidated return regulations
promulgated under Section 1502 of the Code which implement Sections 269, 382, 383, or 384 of the Code for consolidated returns (and comparable provisions of state, local or foreign Law). The representations and warranties made by the Guarantor
in Sections 5.9(m) and 5.9(n) of each of the Contribution and Exchange Agreement, dated as of October 5, 2017, by and among the Guarantor, RCP Advisors 2, LLC and the other parties named therein, and the Membership Interest
Purchase Agreement, dated as of October 5, 2017, by and among the Guarantor, RCP Advisors 3, LLC, and the other parties named therein, were true and correct in all respects when made. 

(c)    There is no material dispute or claim concerning any Tax liability of any member of the Buyer Group for which the
Buyer Group has not made adequate provisions either (i) claimed or raised by any Taxing Authority in writing or (ii) to the Knowledge of the Buyer. 

  
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 (d) No member of the Buyer Group (i) for periods on and after May 3, 2017, has
been a member of an affiliated group filing a consolidated U.S. federal income Tax Return other than such a group of which the Guarantor is the common parent or (ii) has any liability for the Taxes of any Person under Treasury Regulations Section 1.1502-6 (or any similar provision of state, local, or non-U.S. law) or as a transferee or successor by contract or Applicable Law, other than pursuant to a
contract entered in the ordinary course of business the principal purpose of which does not relate to Taxes. 
 (e) No member of the Buyer
Group is a party to or bound by any Tax allocation or Tax sharing agreement (other than an agreement entered into in the ordinary course of business not primarily related to Taxes and under which such member of the Buyer Group does not have any
material liability for Taxes). 
 (f) At Closing, except as set forth on Schedule 7.9(f), no member of the Buyer Group will hold any
direct or indirect interest classified as equity for U.S. federal income tax purposes in any other Person (other than, for the avoidance of doubt, any other member of the Buyer Group). 

(g) Except for the Guarantor and Five Points Capital, Inc., each member of the Buyer Group is and has been at all times since its formation
classified as a partnership for federal and state income tax purposes. 
 (h) No member of the Buyer Group has (i) deferred any payment
of Taxes otherwise due through any automatic extension or other grant of relief provided by a Pandemic Response Law, or (ii) sought any other Tax benefit from any applicable Governmental Entity related to any governmental response to COVID-19 (including any benefit provided or authorized by a Pandemic Response Law). 
 (i) No member of the
Buyer Group will be required as a result of (i) a change in method of accounting for a taxable period ending on or prior to the Closing Date, (ii) use of an improper method of accounting for a taxable period ending on or prior to the
Closing Date, (iii) any “closing agreement” as described in section 7121 of the Code (or any similar provision of state, local or non-U.S. law) entered into prior to the Closing, (iv) any
installment sale or open transaction disposition made on or prior to the Closing (for which there will not be a corresponding receipt of cash following the Closing), (v) the receipt of any prepaid revenue on or prior to the Closing, (vi) an
election under section 108(i) of the Code or (vii) any installments owed under section 965(h) of the Code, to include any material item of income or exclude any material item of deduction for any taxable period (or portion thereof) beginning
after the Closing Date that would not have otherwise so been included or excluded as the case may be. 
 (j) Each reference to a member of
the Buyer Group in this Section 7.9 shall include references to any Person which merged with and into or liquidated into such member of the Buyer Group (or for which such member of the Buyer Group could have any transferee
or successor liability). 

  
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 Notwithstanding anything to the contrary stated elsewhere in this Agreement, (i) this
Section 7.9 and Section 7.18 contain the sole representations and warranties of the Buyer with respect to Tax matters, and (ii) the representations and warranties in this
Section 7.9 (other than Sections 7.9(b) and (i)) may only be relied upon with respect to Pre-Closing Tax Periods of the members of the Buyer Group and the pre-Closing portion of the Straddle Periods of the members of the Buyer Group. 
 7.10 Absence of
Undisclosed Liabilities. Except as set forth on Schedule 7.10, the Buyer Group does not have any liabilities of the type that would be required under GAAP to be reflected or reserved against on a balance sheet, other than (i) liabilities
set forth, disclosed, reflected or reserved for in the Guarantor Financial Statements, (ii) obligations of future performance under any contracts set forth on a Schedule hereto and under other contracts entered into in the ordinary course of
business that are not required to be listed on any Schedule to this Agreement, or (iii) liabilities incurred by any member of the Buyer Group after the date of the Guarantor Interim Balance Sheet in the ordinary course of business consistent
with past practice that would not reasonably be expected, individually or in the aggregate, to (x) be material to the Buyer Group, taken as a whole, or (y) have a material adverse effect on the Buyer’s or the Guarantor’s ability
to consummate the transactions contemplated hereby or perform its obligations hereunder. 
 7.11 Leases. 

(a) No member of the Buyer Group owns any real property. The applicable member of the Buyer Group holds a valid leasehold or, as applicable,
licensed interest in the Buyer Group Leased Real Property, free and clear of all Liens, other than Permitted Liens. Except as set forth on Schedule 7.11(a), no member of the Buyer Group has leased, subleased, assigned, licensed or otherwise
granted to any Person the right to use or occupy any portion of the Buyer Group Leased Real Property. All Buyer Group Leases shall remain valid and binding in accordance with their terms following the Closing. 

(b) No party to any Buyer Group Lease has given any member of the Buyer Group written notice of, or made a written claim with respect to, any
breach or default, and, to the Knowledge of the Buyer, no event has occurred or circumstances exist which, with the delivery of notice, passage of time or both, would constitute such a breach or default or permit the termination, modification or
acceleration of rent under such Buyer Group Lease. 
 7.12 Assets. The Buyer Group has good and marketable title, free and clear of
any Liens other than Permitted Liens, to, or a valid leasehold interest under enforceable leases, licenses or similar agreement in, all of the assets of the Buyer Group reflected in the Interim Balance Sheet or acquired after the date of the Interim
Balance Sheet, in all material respects, except (a) to the extent the enforceability of any such leases or other agreement may be limited by general principles of equity (whether considered in a proceeding at law or in equity), (b) for assets
that have been sold or otherwise disposed of since the date of the Guarantor Interim Balance Sheet in the ordinary course of business, and (c) the Performance Records (which are addressed in clause (b) below). All tangible assets owned or
leased by the Buyer Group have been maintained in all material respects in accordance with generally accepted industry practice, are in all material respects in good operating condition and repair, ordinary wear and tear excepted, and are adequate
for the uses to which they are being put. 

  
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 7.13 Intellectual Property. 

(a) The Buyer Group exclusively owns all right, title and interest in the Buyer Group Listed Intellectual Property, free and clear of all Liens
other than Permitted Liens, and all Buyer Group Listed Intellectual Property is subsisting and valid and enforceable. 
 (b) No present or
former employee, officer, or director of any member of the Buyer Group, or agent or outside contractor or consultant of any member of the Buyer Group, holds any right, title or interest, directly or indirectly, in whole or in part, in or to any
Buyer Group IP. 
 (c) To the Knowledge of the Buyer, there are no conflicts with, or infringements, misappropriations or violations of, any
Intellectual Property owned or purported to be owned by any member of the Buyer Group, including the Buyer Group Listed Intellectual Property (collectively, “Buyer Group IP”) by any third party. The business conducted by the Buyer
Group does not conflict with, infringe, misappropriate or otherwise violate any intellectual property or other proprietary right of any third party. There is no Action pending or, to the Knowledge of the Company, threatened against any member of the
Buyer Group: (i) alleging any such conflict with, or infringement, misappropriation or other violation of any third party’s intellectual property or other proprietary rights; or (ii) challenging the ownership or use by any member of
the Buyer Group, or the validity or enforceability, of any Buyer Group IP. 
 (d) The collection and dissemination of personal customer
information by the Buyer Group in connection with the Buyer Group Business has been conducted in all material respects in accordance with all Applicable Laws relating to privacy, data security and data protection, and all applicable privacy policies
adopted by the Buyer Group. 
 7.14 Licenses and Permits. Each Buyer Group License and Permit has been duly obtained, is valid and in
full force and effect. No operations of the Buyer Group are being conducted in a manner that violates in any material respect any of the terms or conditions under which any Buyer Group License and Permit was granted. The Buyer Group will continue to
have the use and benefit of all Buyer Group Licenses and Permits following the consummation of the transactions contemplated hereby. No Buyer Group License or Permit is held in the name of any employee, officer, director, stockholder, agent or
otherwise on behalf of a member of the Buyer Group. 
 7.15 Compliance with Law. 

(a) Since January 1, 2015, the Buyer Group Organization has complied, and each is in compliance with (i) all Applicable Laws,
(ii) all Applicable Securities Laws with respect to the business or affairs or properties or assets of the Buyer Group Organization, as applicable, and (iii) all Applicable Laws relating to anti-bribery, anti-corruption, anti-money
laundering matters and anti-terrorism financing, except, in each case under clauses (i) – (iii), where any noncompliance would not reasonably be expected to be material to the Buyer Group, taken as a whole. Since January 1, 2015, the Buyer
Group Organization has not, received notice of any violation of any such law, regulation, order or other legal requirement, and the Buyer Group Organization is not in default in any material respect with respect to any order, writ, judgment, 

  
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 award, injunction or decree of any court or other Governmental Entity, applicable to any of its assets,
properties or operations relating to the business or affairs of the Buyer Group or the transactions contemplated by this Agreement where any such default would not reasonably be expected to be material to the Buyer Group, taken as a whole. 

(b) No member of the Buyer Group, their Affiliates or, to the Knowledge of the Buyer, any of the persons associated with any member of the
Buyer Group as specified in Section 506 of Regulation D under the Securities Act are subject to any of the disqualifying events listed in Section 506. 

(c) Since January 1, 2015, neither the Buyer nor, to the Knowledge of the Buyer, any directors, trustees, officers or employees of the
Buyer (in their capacity as directors, trustees, officers or employees) have used any funds for campaign contributions in violation of Rule 206(4)-5 of the Advisers Act. 

(d) This Section 7.15 does not relate to (i) ERISA or other laws regarding employee benefit matters with respect
to the Buyer Group, which are governed exclusively by Section 7.18, (ii) employment and labor matters with respect to the Buyer Group, which are governed exclusively by Section 7.19, (iii)
Environmental Laws with respect to the Buyer Group, which are governed exclusively by Section 7.22 or (iv) Tax matters with respect to the Buyer Group, which are governed exclusively by
Section 7.9. 
 7.16 Litigation; Orders. 

(a) As of the date hereof, there are no (i) Actions that are current, pending or, to the Knowledge of the Buyer, threatened, before any
court, Governmental Entity or arbitrator of any nature, brought by or against the Buyer Group Organization or any officer, manager, director or employee of the Buyer Group Organization involving or relating to the Buyer Group Organization or that
challenge the validity or enforceability of this Agreement or any Ancillary Agreement or that seeks to enjoin or prohibit the consummation of the transactions contemplated hereby or thereby or (ii) injunctions, orders, decrees, awards or
judgments issued by any court, Governmental Entity or arbitrator, or settlement agreements, consent agreements, memoranda of understanding or disciplinary agreements with any Governmental Entity to which the Buyer Group Organization or any officer,
manager, director or employee of the Buyer Group is subject involving or relating to the Buyer Group Organization that would prevent or materially delay the consummation of the transactions contemplated by this Agreement. There is no Action pending,
or to the Knowledge of the Buyer, threatened, relating to the termination of, or limitation of, the rights of any member of the Buyer Group under its registration under the Advisers Act as an investment adviser or any similar or related rights under
any registrations or qualifications with various self-regulatory bodies, states or other jurisdictions or under any other Investment Laws and Regulations. 

(b) This Section 7.16 does not relate to (i) ERISA or other laws regarding employee benefit matters with respect
to the Buyer Group, which are governed exclusively by Section 7.18, (ii) employment and labor matters with respect to the Buyer Group, which are governed exclusively by Section 7.19, (iii)
Environmental Laws with respect to the Buyer Group, which are governed exclusively by Section 7.22 or (iv) Tax matters with respect to the Buyer Group, which are governed exclusively by
Section 7.9. 

  
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 7.17 Contracts. 

(a) Each Buyer Group Material Contract is valid, binding and enforceable against the member of the Buyer Group party thereto, as applicable,
and, to the Knowledge of the Buyer, the other party(ies) thereto in accordance with its terms, and in full force and effect. The applicable member of the Buyer Group is not in material default under any Buyer Group Material Contract, and no event
has occurred which, with due notice or lapse of time or both, would constitute such a material default. To the Knowledge of the Buyer, no other party to any Buyer Group Material Contract is in material default in respect thereof, and no event has
occurred which, with due notice or lapse of time or both, would constitute such a material default. 
 (b) A “Buyer Group Material
Contract” means any agreement, contract or commitment, oral or written, to which a member of the Buyer Group is a party or by which a member of the Buyer Group is bound, excluding any Buyer Group Plans and any Buyer Group Portfolio
Contracts, in each case as in effect on the date hereof, constituting: 
 (i) a mortgage, indenture, security agreement, guaranty,
“keep well,” comfort letter, pledge and other agreement or instrument relating to the borrowing of money or extension of credit; 

(ii) a joint venture, partnership, strategic alliance, limited liability company agreement or similar agreement (other than any such agreement
entered into in connection with an investment made in the ordinary course of business); 
 (iii) a Buyer Group Investment Contract, whether
or not a member of the Buyer Group is a party or by which it is bound; 
 (iv) any agreement that contains a
non-competition covenant which limits in any respect (i) the manner in which, or the localities in which, the Buyer Group Business may be conducted or (ii) the ability of any member of the Buyer
Group to provide any type of service or use or develop any type of product, in each case, that is material to the Buyer Group Business, taken as a whole; 

(v) any agreement pertaining to the Intellectual Property or to the right of any member of the Buyer Group to use the Intellectual Property or
other proprietary rights of any third party, other than agreements for off-the-shelf or similar commercially available non-custom
software; 
 (vi) any agreement in which a broker, finder or similar intermediary is entitled to any broker’s, finder’s or similar
fee or other commission with respect to any Buyer Group Investment Contract, or any other distribution agreement; 
 (vii) any agreement
that creates future or potential payment obligations in excess of $100,000 in any calendar year and which by its terms does not terminate or is not terminable without penalty upon notice of sixty (60) days or less; 

  
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 (viii) any agreement that provides for earn-outs or other similar deferred or contingent
purchase price obligations; 
 (ix) any agreement relating to any (A) pending acquisition or disposition of any business or Person by
any member of the Buyer Group, or (B) completed acquisition or disposition of any business or Person (whether by purchase, merger, consolidation or otherwise) by any member of the Buyer Group with material surviving obligations thereunder on
the part of the Buyer Group; 
 (x) any agreement providing for future payments or the acceleration or vesting of payments that are
conditioned, in whole or in part, on a change in control of any member of the Buyer Group; 
 (xi) any Buyer Group Affiliate Contract, 

(xii) any lease or agreement under which it is lessee of, or holds or operates any personal property owned by any other party, for which the
annual rent exceeds $150,000 (other than a Buyer Group Lease); 
 (xiii) any lease or agreement under which it is lessor of or permits any
third party to hold or operate any property, real or personal, for which the annual rent exceeds $25,000; or 
 (xiv) any contract or
agreement with any Governmental Entity. 
 7.18 Employee Plans. 

(a) As used herein, “Buyer Group Plans” collectively refers to all “employee benefit plans” within the meaning of
Section 3(3) of ERISA, whether or not subject to ERISA, and all other bonus, profit sharing, compensation, pension, provident fund or retirement benefit, severance, savings, deferred compensation, fringe benefit, insurance, welfare,
post-retirement health or welfare benefit, health, life, stock option, stock purchase, restricted stock, phantom stock, tuition refund, service award, company car, scholarship, relocation, disability, accident, sick pay, sick leave, accrued leave,
vacation, holiday, termination, unemployment, individual employment, consulting, executive compensation, incentive, commission, retention, change in control, non-competition, or other benefit plans,
agreements, policies, trust funds, or other arrangements (whether written or unwritten, insured or self-insured) established, maintained, sponsored, or contributed to (or with respect to which any obligation to contribute has been undertaken) by any
member of the Buyer Group on behalf of any employee, officer, director, or consultant of any member of the Buyer Group (whether current, former or retired) or any of their dependents, spouses, or beneficiaries or under which any member of the Buyer
Group has or would reasonably be expected to incur any liability, contingent or otherwise. No member of the Buyer Group has any express or implied commitment (A) to create, incur liability with respect to or cause to exist any other employee
benefit plan, program or arrangement, (B) to enter into any contract to provide compensation or benefits to any individual or (C) to modify, change or terminate any Buyer Group Plan, other than with respect to a modification, change or
termination required by ERISA or the Code. 

  
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 (b) With respect to each Buyer Group Plan, (i) each Buyer Group Plan is now and has
been established, maintained, funded and administered in all material respects in accordance with its terms, and in compliance in all material respects with Applicable Law and has been duly registered to the extent relevant if required by Applicable
Law; (ii) except as would not reasonably be expected to result in a material liability, there are no pending or, to the Knowledge of the Buyer, threatened actions, audits, investigations, claims or lawsuits against or relating to any Buyer
Group Plan or any trust or fiduciary thereof (other than routine benefits claims) and, to the Knowledge of the Buyer, no fact or event exists that would give rise to any such action, audit, investigation, claim or lawsuit; (iii) each Buyer
Group Plan intended to be qualified under Section 401(a) of the Code has received, or timely requested, a favorable determination, or may rely upon a favorable opinion letter, from the IRS that it is so qualified and, to the Knowledge of the
Buyer, nothing has occurred since the date of such letter that would reasonably be expected to adversely affect the qualified status of such Buyer Group Plan; and (iv) all material payments required to be made by the Buyer Group under any Buyer
Group Plan or by Applicable Law have been timely made or properly accrued in accordance with the provisions of each Buyer Group Plan and Applicable Law. 

(c) No Buyer Group Plan is subject to Section 412, 430 or 4971 of the Code or Section 302 or Title IV of ERISA. No member of the
Buyer Group or any corporation, trade, business, or entity that would be deemed a “single employer” with any member of the Buyer Group within the meaning of Section 414(b) or (c) of the Code or Section 4001 of ERISA or,
solely for purposes of Section 412 of the Code, Section 414(m) or (o) of the Code (each, a “Buyer Group ERISA Affiliate”), or any of their respective predecessors has contributed to, contributes to, has been
required to contribute to, or otherwise participated in or participates in or in any way has any material liability (whether actual or contingent), directly or indirectly, with respect to any plan subject to Section 412, 430 or 4971 of the Code
or Section 302 or Title IV of ERISA. No event has occurred and no condition exists with respect to any Company Group Plan that would subject any member of the Buyer Group by reason of its affiliation with any current or former Buyer Group ERISA
Affiliate to any material (i) Tax, penalty or fine, (ii) Lien or (iii) other material liability imposed by Applicable Law. No Buyer Group Plan provides retiree health, disability or life insurance benefits except as may be required by
Section 4980B of the Code and Section 601 of ERISA, any other Applicable Law or at the full expense of the participant or the participant’s beneficiary. Each of the Buyer Group Plans is maintained in the United States and is subject
only to the laws of the United States or a political subdivision thereof. 
 (d) No “prohibited transaction” under
Section 4975 of the Code or Sections 406 and 407 of ERISA, not otherwise exempt under the Code or ERISA, has occurred with respect to any Buyer Group Plan. 

(e) Neither the execution, delivery and performance of this Agreement nor the consummation of the transactions contemplated hereby will (either
alone or in combination with another event) (i) result in any severance or other payment becoming due, or increase the amount of any compensation or benefits due, to any current or former employee, officer, director, or consultant of any member
of the Buyer Group; (ii) limit or restrict the right of any member of the Buyer Group to merge, amend or terminate any Buyer Group Plan; (iii) result in the acceleration of the time of payment or vesting, or result in any payment or
funding (through a grantor trust or otherwise) of any such compensation or benefits under, or increase the amount of compensation 

  
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 or benefits due under, any Buyer Group Plan; or (iv) result in any payment (whether in cash or property
or the vesting of property) to any “disqualified individual” (as such term is defined in Treasury Regulation Section 1.280G-1) that would reasonably be construed, individually or in combination
with any other such payment, to constitute an “excess parachute payment” (as defined in Section 280G(b)(1) of the Code). No Person is entitled to receive any additional payment (including any tax
gross-up or other payment) from any member of the Buyer Group as a result of the imposition of the excise taxes required by Section 4999 of the Code or any Taxes required by Section 409A of the Code.

 (f) The Buyer Group and the Buyer Group ERISA Affiliates do not maintain any Buyer Group Plan which is a “group health plan,” as
such term is defined in Section 5000(b)(1) of the Code, that has not been administered and operated in all respects in compliance with the applicable requirements of the Patient Protection and Affordable Care Act, as amended, Section 601
of ERISA, Section 4980B(b) of the Code and the applicable provisions of the Health Insurance Portability and Accountability Act of 1986. No member of the Buyer Group is subject to any liability, including additional contributions, assessable
payments, fines, penalties or loss of tax deduction as a result of such administration and operation. 
 (g) With respect to each Buyer Group
Plan that is a “nonqualified deferred compensation plan” (as defined for purposes of Section 409A(d)(1) of the Code), such plan or arrangement has been maintained and operated in compliance with Section 409A of the Code and all
applicable IRS guidance promulgated thereunder to the extent such plan or arrangement is subject to Section 409A of the Code and so as to avoid any tax, interest or penalty thereunder. 

7.19 Labor Matters. 
 (a)
No member of the Buyer Group is a party to any collective bargaining agreement or other labor union contract applicable to the employees and there are not any, and during the past five years (5) have been no, activities or proceedings of any
labor union to organize any of the employees pending or under discussion with any labor organization or group of employees of any member of the Buyer Group. No member of the Buyer Group is engaged in any unfair labor practice, as defined in the
National Labor Relations Act. There is no unfair labor practice charge or complaint pending, or to the Knowledge of the Buyer threatened, before any applicable Governmental Entity relating to any member of the Buyer Group. 

(b) There is no labor strike, slowdown or work stoppage or lockout pending or, to the Knowledge of the Buyer, threatened against or affecting
any member of the Buyer Group, and no member of the Buyer Group has experienced any strike, slowdown or work stoppage, lockout or other collective labor action by or with respect to the employees in the past five (5) years. 

(c) The Buyer Group is and during the past five (5) years has been in compliance with all Applicable Laws relating to employment and
employment practices, including discrimination or harassment in employment, terms and conditions of employment, termination of employment, wages, overtime classification, hours, occupational safety and health, employee whistle-blowing, immigration,
employee privacy, and classification of employees, consultants and independent contractors where any such non-compliance would not reasonably be expected to be material to the Buyer Group, taken as a whole.

  
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 (d) No member of the Buyer Group has received any written notice from any national, state,
local or foreign agency or Governmental Entity responsible for the enforcement of labor or employment laws of an intention to conduct an investigation of any member of the Buyer Group and to the Knowledge of the Buyer, no such investigation is in
progress. No member of the Buyer Group is a party to, or otherwise bound by, any consent decree with, or citation by, any Governmental Entity relating to employees or employment practices. 

(e) To the Knowledge of the Buyer, there has not been, and the Buyer does not anticipate or have any reason to believe that there will be, any
adverse change in relations with employees as a result of the announcement of the transactions contemplated by this Agreement. To the Knowledge of the Buyer, no current employee or officer of any member of the Buyer Group intends, or is expected, to
terminate his employment relationship with such entity following the consummation of the transactions contemplated hereby. 
 7.20
Insurance. As of the date hereof, all insurance policies maintained by any member of the Buyer Group are in full force and effect and no application therefor included a material misstatement or omission. All premiums with respect thereto have
been paid to the extent due. No member of the Buyer Group is in default in any material respect under any provisions of any such policy of insurance nor has any member of the Buyer Group received notice of cancellation of any such insurance. No
claim currently is pending under any such policy involving an amount in excess of $350,000. All material insurable risks in respect of the business and assets of the Buyer Group are covered by such insurance policies. The consummation of the
transactions contemplated by this Agreement and the Ancillary Agreements will not cause a cancellation or reduction in the coverage of such policies. 

7.21 Transactions with Directors, Officers, Members and Affiliates. Schedule 7.21 lists each Buyer Group Affiliate Contract. No
equityholder of the Guarantor or the Buyer or any employee of any member of the Buyer Group, or any of their respective Related Parties (a) owns any direct or indirect interest in (other than ownership of the Guarantor, the Buyer, a Buyer Group
GP Entity or a Buyer Group Fund) (i) any asset or other property used in or held for use in the Buyer Group Business or (ii) any consultant, service provider, supplier, customer, landlord, tenant, creditor or debtor of or to any member of
the Buyer Group or the Buyer Group Business; (b) serves as a trustee, officer, director or employee of any investment in which a Buyer Group Fund has an interest (other than in the capacity as a member of the advisory board or similar
committee); or (c) has any loan outstanding from, or is otherwise a debtor of, or has any loan outstanding to, or is otherwise a creditor of, any member of the Buyer Group or the Buyer Group Business or any investment in which a Buyer Group
Fund has an interest. Ownership of less than 5% of a class of securities of a Person that is publicly traded shall not be deemed to be an interest for purpose of this Section 7.21. 

7.22 Environmental Matters. The Buyer Group holds all licenses, permits and other authorizations required under all Environmental Laws
to operate at the Buyer Group Leased Real Property and to carry on the Buyer Group Business as now conducted, except as would not reasonably be expected to be material to the Buyer Group, taken as a whole, and is in compliance in all material
respects with all Environmental Laws and with all such licenses, permits and authorizations. 
  

  
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 7.23 Investment Adviser Activities. 

(a) Each of RCP Advisors 2 LLC, RCP Advisors 3 LLC and Five Points Capital Inc. is duly registered with the SEC as an investment adviser and
with all other applicable Governmental Entities as an investment adviser to the extent required by Applicable Law, unless the failure to be so duly registered would not reasonably be expected to be material to the Buyer Group Business. Except for
such registrations, none of the Buyer Group, the Buyer Group GP Entities or any of the Buyer Group’s officers, managers, directors or employees is, or is required to be, registered or appointed as an “investment adviser” or
“investment adviser representative” under Applicable Law. Each such registration is in full force and effect. 
 (b) To the
Knowledge of the Buyer, no employee of any member of the Buyer Group conducts investment management or investment advisory or sub-advisory activities except (i) as part of his or her employment with the
applicable member of the Buyer Group, (ii) managing his or her own investments or the investments of family members (including as an executor or similar agent), including as permitted by the family office exemption pursuant to Rule 202(a)(11)(G)-1 under the Advisers Act, or (iii) on behalf of charitable organizations as a member of a board or committee for which no compensation is paid. 

(c) There is no open-end investment company, closed-end
investment company, unit investment trust, business development company or other collective investment vehicle registered or, to the Knowledge of the Buyer, required to be registered under the Investment Company Act to which, or on whose behalf, any
member of the Buyer Group acts, or has acted, as investment adviser, sub-adviser, sponsor or distributor or otherwise provides or provided investment management or advisory services, or, additionally, in the
case of any open-end investment company, acts or acted as principal underwriter. 
 7.24 Clients
and Investment Contracts. 
 (a) Each Buyer Group Investment Contract has been performed in accordance with its terms, the Advisers Act
and all other Applicable Laws by the Buyer Group, except, in each case, as would not reasonably be expected to be material to the Buyer Group Business. No Buyer Advisory Client or investor in any Buyer Advisory Client is in default of any obligation
(including any economic obligation) under any of its Buyer Group Investment Contracts or any Buyer Group Investment Contract in respect of the Buyer Group, except for such defaults as would not reasonably be expected to be material to the Business.
No subscription agreement materially alters the material terms of any Buyer Group Investment Contract. 
 (b) As of the date of this
Agreement, the Buyer Group has not received notice from any Buyer Advisory Client of such Buyer Advisory Client’s intent to terminate its Buyer Group Investment Contract, to engage in negotiations to amend the terms and conditions of its Buyer
y Group Investment Contract, or to withdraw assets from the Buyer Group’s management, in each case other than in the ordinary course of business. 

  
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 7.25 Form ADV. With respect to the Buyer Group’s Form ADV Parts 1, 2A and 2B, as
filed with the SEC or delivered to Buyer Advisory Clients, as applicable, each part of each such Form ADV was accurate and correct in all material respects, did not omit to state a fact necessary to make the statements therein not misleading in
light of the circumstances under which they were made and complied in all material respects with Applicable Law. 
 7.26 Additional
Representations and Warranties Regarding the Buyer Group Funds. 
 (a) As to each Buyer Group Fund, there has been in full force and
effect a Buyer Group Investment Contract at all times that a member of the Buyer Group was performing investment management, advisory or sub-advisory or similar services for such TB Fund. Each Buyer Group
Investment Contract pursuant to which a member of the Buyer Group has received compensation respecting its activities in connection with any of the Buyer Group Funds was duly approved and performed in all material respects in accordance with the
applicable organizational documents and Applicable Law. 
 (b) Each Buyer Group Fund has been duly organized and is validly existing and in
good standing under the laws of the jurisdiction of its organization and has all requisite corporate, partnership, limited liability company, or similar power and authority. Each Buyer Group Fund is duly qualified, licensed or registered to do
business in each jurisdiction where it is required to do so under Applicable Law, except for any failure to be so qualified, licensed or registered that would not reasonably be expected to have, individually, a material adverse effect on the Buyer
Group, taken as a whole. All outstanding shares, units or interests of each Buyer Group Fund (i) have been issued, offered and sold in compliance with Applicable Law in all material respects and (ii) have been duly authorized and validly
issued and are fully paid (other than with respect to any unfunded capital commitments that may be called by the relevant Buyer Group GP Entity of such Buyer Group Fund pursuant to the limited partnership agreement or limited liability company
agreement (or equivalent) of such Buyer Group Fund) and (if applicable) non-assessable. 
 (c) Each
Buyer Group Fund currently is, and has been since its inception, operated in compliance in all material respects with the terms of its Buyer Group Investment Contracts. Each Buyer Group Fund is in material compliance with the terms governing each of
its underlying investments (including, without limitation, in respect of compliance with any applicable reporting and confidentiality provisions). No Buyer Group Fund is in default with respect to any obligations to contribute capital to such
underlying investments. 
 (d) There are no material consent judgments or judicial orders on or with regard to any of the Buyer Group Funds.

 (e) Reference is herein made to the audited financial statements, prepared in accordance with GAAP of each of the Buyer Group Funds, for
the three (3) fiscal years ending December 31, 2018, December 31, 2017 and December 31, 2016 (each hereinafter referred to as a “Buyer Group Fund Financial Statement”). Each of the Buyer Group Fund Financial
Statements is consistent with the books and records of the related Buyer Group Fund, and presents fairly in all material respects the consolidated financial position of the Buyer Group Fund in accordance with GAAP applied on a consistent basis
(except as otherwise noted therein) at the respective date 

  
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 of such Buyer Group Fund Financial Statement and the results of operations and cash flows for the respective
periods indicated. The Buyer Group Fund Financial Statements reflect and disclose all material changes in accounting principles and practices adopted by each of the Buyer Group Funds during the periods covered by each Buyer Group Fund Financial
Statement. 
 (f) No Buyer Group Fund has at any time been terminated, or has had its investment operations (including such Buyer Group
Fund’s ability to call or recycle capital for investment purposes) suspended or terminated, prior to the end of its stated term or had its management, investment management or investment advisory function transferred away from any member of the
Buyer Group. 
 (g) Each Buyer Group Fund is in material compliance with, and since January 1, 2015 has not been in default under, any
Indebtedness of the Buyer Group. 
 (h) No intermediary, placement agent, distributor or solicitor has unlawfully marketed any of the
services of any Buyer Group Fund or unlawfully marketed or sold any interest in any Buyer Group Fund, and there are no outstanding claims against any member of the Buyer Group or any Buyer Group Fund with respect to such marketing or sale. 

(i) Except for such failures which, individually or in the aggregate, would not reasonably be expected to be material to the Buyer Group
Business, each Buyer Group Fund and Buyer Group GP Entity (and the applicable member of the Buyer Group or Ultimate GP, as applicable, on behalf of each Buyer Group Fund and Buyer Group GP Entity) is in compliance with, and has since January 1,
2015 complied with the privacy rules and applicable regulations promulgated under the Gramm-Leach-Bliley Act, including the giving of any required notices to investors in each of the Buyer Group Funds. 

(j) All Performance Records and private placement memoranda containing Performance Records provided, presented or made available by any member
of the Buyer Group to any Buyer Advisory Client or any actual or potential investor in any Buyer Group Fund have, to the Knowledge of the Buyer, (i) complied with Applicable Law in all material respects and (ii) did not at the time they
were so provided, presented or made available contain any untrue statement of a fact or, solely with respect to any private placement memoranda containing Performance Records, omit to state a fact required to be stated in them or necessary to make
the statements in them, in light of the circumstances under which they were made, not misleading. The Buyer Group maintains all documentation necessary to form a basis for, demonstrate or recreate the calculation of the performance or rate of return
of all accounts that are included in the Performance Records as required by Applicable Law. 
 7.27 Code of Ethics; Compliance Procedures;
Compliance. The Buyer Group has adopted (and since January 1, 2015 has maintained at all times required by Applicable Law) the applicable Adviser Compliance Policies, and has designated and approved a chief compliance officer. To the
Knowledge of the Buyer, there have been no material violations or allegations of material violations of the Adviser Compliance Policies where any such violation or allegation of material violations would not reasonably be expected to be material to
the Buyer Group, taken as a whole. 

  
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 7.28 Regulatory Reports; Filings. Since January 1, 2015, the Buyer Group has
filed, on a timely basis, Form ADV and all other required regulatory reports, schedules, forms, registrations and other documents in each case that are material to the Buyer Group Organization, as applicable, together with any amendments required to
be made with respect thereto with all applicable Regulatory Agencies, and has paid all fees and assessments due and payable in connection therewith. Except for routine examinations conducted by a Regulatory Agency in the regular course of the
business of the Buyer Group, no Regulatory Agency has initiated, or threatened to initiate, any material proceeding or, to the Knowledge of the Buyer, material investigation or inquiry into the business or operations of the Buyer Group. There is no
unresolved violation, criticism, or exception by any Regulatory Agency with respect to any report or statement relating to any examinations of the Buyer Group, in each case that is material to the Buyer Group. 

7.29 Additional Representations and Warranties Regarding the Buyer Group GP Entities. 

(a) No Buyer Group GP Entity is in default or breach under any Buyer Group Fund governing documents with respect to any obligations to
contribute or return capital to any Buyer Group Fund, including with respect to any capital commitment, capital contribution, “giveback,” “clawback” or other funding/return obligation. 

(b) Since January 1, 2015, no Person has taken or failed to take any action that would: (i) suspend or terminate any management,
investment advisory or similar agreement by and between any member of the Buyer Group, on one hand, and any Buyer Group Fund, Buyer Group GP Entity or other advisory client on the other hand (including, for the avoidance of doubt, each Buyer Group
Investment Contract), (ii) constitute grounds for removal of any Buyer Group GP Entity (or similar cessation of control) from such role under the governing documents of the applicable Buyer Group Fund, (iii) constitute grounds for suspension or
early termination of any Buyer Group Fund’s investment or commitment period or early termination or dissolution of the Buyer Group Fund or (iv) otherwise suspend, modify, reduce or waive the payment (whether direct or indirect) of
management fees or similar remuneration otherwise payable to any member of the Buyer Group by any Buyer Group Fund, Buyer Group GP Entity or other advisory client. 

(c) There are no material consent judgments or judicial orders on or with regard to any of the Buyer Group GP Entities. 

7.30 No Brokers. No broker, finder or similar intermediary has acted for or on behalf of, or is entitled to any broker’s,
finder’s or similar fee or other commission from, the Buyer Group in connection with this Agreement or the transactions contemplated hereby. 

7.31 Financing. 
 (a) The
Buyer has delivered to the Company complete, true and correct copies of the executed debt financing commitment letter (the “Debt Commitment Letter” and the commitment thereunder, the “Debt Financing Commitment”) and
the related fee letters (the “Fee Letters”) (provided that provisions in the Fee Letters such as numerical fees and certain other commercially sensitive terms in the Fee Letter that are customarily redacted in connection with
purchase agreements of this nature but which redactions do not affect the amount, timing or 

  
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 conditionality for the availability of funds, may have been redacted) which obligate certain parties thereto
(the “Debt Financing Sources”) to provide debt financing (the “Debt Financing”). The Debt Financing Commitment is a legal, valid and binding obligation of the Buyer (except as the enforceability thereof may be
limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar Applicable Laws affecting creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a
proceeding at law or in equity)), and is the legal, valid, and binding obligations of the other parties thereto. The Debt Financing Commitment is in full force and effect, and has not been withdrawn, rescinded or terminated or otherwise amended,
modified or waived in any respect, and no such withdrawal, rescindment, termination, amendment, modification or waiver is contemplated by the Buyer or, to the knowledge of Buyer, any other party thereto. The funding of the amounts in the Debt
Financing Commitment, together with the Buyer’s cash on hand, will be sufficient to enable the Buyer to consummate the transactions on the terms contemplated by this Agreement, and to pay or cause the payment of the Estimated Closing Amount and
any amounts which, by the terms of this Agreement, will reduce the Estimated Closing Amount, and all of the out-of-pocket fees, costs and expenses of the Buyer arising
from the consummation of the transactions contemplated by this Agreement and in connection with the Debt Financing and payable at the Closing. No event has occurred or circumstance exists that, with or without notice, lapse of time or both, would,
or would reasonably be expected to: (x) constitute a default or breach on the part of the Buyer or any of its Affiliates or, to the knowledge of the Buyer, any other party thereto, under any term or condition of the Debt Financing Commitment or
otherwise result in all or a portion of the Debt Financing contemplated thereby to be unavailable; (y) constitute or result in a failure to satisfy any of the terms or conditions set forth in the Debt Financing Commitment; or (z) otherwise
result in all or a portion of the Debt Financing not being available. 
 (b) The Buyer has and will have at the Closing the financial
capability to consummate the transactions contemplated by this Agreement, and the Buyer understands that the Buyer’s obligations hereunder are not in any way contingent or otherwise subject to (i) the consummation of any financing
arrangements or obtaining any financing or (ii) the availability of any financing to Buyer or any of its Affiliates. 
 (c) Immediately
after giving effect to the transactions contemplated by this Agreement, none of the Buyer Group or the Company Group, individually or in the aggregate shall (i) be insolvent (either because its financial condition is such that the sum of its debts
is greater than the fair value of its assets or because the fair salable value of its assets is less than the amount required to pay its probable liability on its existing debts as they mature), (ii) have unreasonably small capital with which to
engage in its business or (iii) have incurred debts beyond its ability to pay as they become due. In completing the transactions contemplated by this Agreement, the Buyer Group does not intend to hinder, delay or defraud any present or future
creditors of any of the Company Entities. 
 7.32 R&W Policy. The Buyer has provided the Company and the Sellers with a complete,
true and correct copy of the bound commitment for the R&W Policy. 

  
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 7.33 Exclusivity of Representations. The representations and warranties made by the
Buyer in this Section 7 are the sole and exclusive representations and warranties made by the Buyer with respect to the Buyer Group Business, the Buyer Group, the Buyer Group GP Entities and/or the Buyer Group Funds (the
Buyer Group Business, the Buyer Group, the Buyer Group GP Entities and/or the Buyer Group Funds referred to collectively as the “Buyer Group Organization”) and otherwise in connection with this Agreement, the Ancillary Agreements
and the transactions contemplated hereby and thereby. Other than the representations and warranties set forth in this Section 7, the Buyer does not make any express or implied representation or warranty, and hereby
disclaims any such express or implied representations or warranties with respect to the Buyer Group Organization, this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby (including any relating to the future or
historical financial condition, results of operations, prospects, assets or liabilities of the Company Group, or the quality, quantity or condition of the Buyer Group assets). The Sellers acknowledge that they have conducted to their satisfaction an
independent investigation and verification of the financial condition, results of operations, assets, liabilities, properties and projected operations of the Buyer Group, and, in making its determination to proceed with the transactions contemplated
by this Agreement, each Seller has relied solely on the results of its own independent investigation and verification and the representations and warranties of the Buyer expressly and specifically set forth in this
Section 7, as qualified by the Schedules. 
 SECTION 8. 

COVENANTS OF THE SELLERS AND THE COMPANY. 

Each Seller hereby covenants as follows, and, prior to the Closing, agrees to cause the Company Group to comply with the following covenants:

 8.1 Conduct of Business Before the Closing Date. 

(a) During the period from the date hereof to the earlier of the Closing Date and the date on which this Agreement is terminated pursuant to
Section 14.1 (the “Interim Period”), without the prior written consent of the Buyer (not to be unreasonably withheld, delayed or conditioned), the Sellers shall cause the business of the Company Group to be
conducted only in the ordinary course of business consistent with past practice, and shall cause the Company Group to preserve substantially intact its business organization in the ordinary course of business consistent with past practice. By way of
amplification and not limitation, during the Interim Period, except as set forth in Schedule 8.1, without the prior written consent of the Buyer (not to be unreasonably withheld, delayed or conditioned), the Company Group shall not do any of
the following, directly or indirectly, except as otherwise required by or expressly contemplated by this Agreement or required by Applicable Law: 

(i) make any material change in the conduct of the Company Group Business or enter into any material transaction other than in the ordinary
course of business consistent with past practice; 
 (ii) transfer, sell or dispose of any assets or properties of the Company Group
Business, other than transfers, sales or dispositions of obsolete, broken or unsalable equipment in the ordinary course of business consistent with past practice; 

  
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 (iii) authorize, or make any commitment with respect to, any single capital expenditure
that is in excess of $2,500 or capital expenditures that are, in the aggregate, in excess of $2,500; 
 (iv) incur any Indebtedness, except
in the ordinary course of business 
 consistent with past practice; 

(v) pay, lend or advance any amount to, or sell, transfer or lease any properties or assets to, any of its Affiliates, other than in the
ordinary course of business consistent with past practice; 
 (vi) make any material change in any method of accounting or accounting
principle, method, estimate or practice, except for any such change required by reason of a concurrent change in GAAP or Applicable Law; 

(vii) make, change or revoke any election or method of accounting with respect to Taxes affecting or relating to it or affecting or relating
to the Company Group Business except as required by Applicable Law, fail to file when due (taking into account any extension) any Tax Return required to be filed by any member of the Company Group, or amend any material Tax Return of any member of
the Company Group; 
 (viii) enter into with any Taxing Authority any closing or other agreement or settlement with respect to Taxes (other
than income Taxes) affecting or relating to it or affecting or relating to the Company Group Business; 
 (ix) pay, discharge or satisfy any
claim, liability or obligation (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction, in the ordinary course of business consistent with past practice, of liabilities reflected or
reserved against on the Interim Balance Sheet or subsequently incurred in the ordinary course of business consistent with past practice; 

(x) commence, settle, release or forgive any Action, other than such Actions that will not impose any material obligation on the Company Group
following the Closing and which will require payment by the Company Group of no more than $50,000 in any single instance; 
 (xi) permit the
lapse of any existing policy of insurance relating to the business or assets of the Company Group; 
 (xii) permit the lapse of any right
relating to Intellectual Property or any other intangible asset used in the Company Group Business; 
 (xiii) reclassify, combine, split,
subdivide or redeem, or purchase or otherwise acquire, directly or indirectly, any of its capital stock or other equity or ownership interest, or make any other change with respect to its capital structure; 

  
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 (xiv) adopt a plan of complete or partial liquidation, dissolution, merger, consolidation,
restructuring, recapitalization or other reorganization of any member of the Company Group, or otherwise alter the Company Group’s capital structure; 

(xv) acquire or agree to acquire, in any manner, including merger, consolidation, or purchase of equity interests or assets, any business of
any Person or business organization or division thereof; 
 (xvi) amend, modify or terminate or enter into any Company Group Material
Contract, or enter into any Company Group Material Contract other than in the ordinary course of business consistent with past practice; 

(xvii) enter into any Contract with any Related Party of any member of the 

Company Group; 
 (xviii) amend any of the Company
Formation Documents; 
 (xix) authorize for issuance, issue, sell, pledge, transfer, deliver or agree or commit to issue, sell, pledge,
transfer or deliver (A) any capital stock of or other equity or voting interest in any member of the Company Group (including any Interests) or (B) any Company Equity Rights; 

(xx) make any distribution or declare, pay or set aside any dividend with respect to, any member of the Company Group that would require any
member of the Company Group to pay such distribution or dividend after the Closing Date, other than dividends and distributions that have the effect of reducing Cash or Net Working Capital taken into account in the calculation of the Estimated
Closing Amount; 
 (xxi) hire or terminate the employment (other than for cause or due to death or disability) of any officer of any member
of the Company Group whose annual base salary would exceed, or exceeds, $200,000; 
 (xxii) (A) grant or announce any increase in salaries,
bonuses, severance, termination, retention or change-in-control pay, or other compensation or benefits payable or to become payable by any member of the Company Group to
any current or former employees or other individual service provider of any member of the Company Group; or (B) adopt, establish, amend or terminate any Company Group Plan, or any agreement, plan, policy or arrangement that would constitute a
Company Group Plan if it were in existence on the date hereof, in each case, other than (1) the renewal of group health or welfare plans made in the ordinary course of business consistent with past practice and Applicable Law that do not
materially increase the cost to the Company Group under such plans, or (2) as required by the terms of a Company Group Plan or Applicable Law in effect on the date hereof; 

(xxiii) accelerate the collection of or discount any accounts receivable (including management fees), delay the payment of accounts payable or
accrued expenses, delay the purchase of supplies or delay capital expenditures, repairs or maintenance; or 
 (xxiv) commit to do any of the
foregoing. 

  
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 (b) No Seller shall take any action that causes it to be in breach of any of its
representations, warranties, covenants or agreements contained in this Agreement, such that the conditions set forth in Section 13 hereof, as the case may be, would not be satisfied. 

(c) Notwithstanding anything to the contrary contained herein, during the period from and after the date of this Agreement until delivery of
the Estimated Closing Statement, the Company Group shall be permitted to utilize any and all available cash to (i) pay expenses and bonuses that would otherwise constitute Transaction Expenses, (ii) repay outstanding Indebtedness, or
(iii) make cash distributions, dividends or redemptions. In addition, nothing in this Section 8.1 shall limit in any way the Company Group’s activities with respect to any Non-Management Fee
Economics. 
 8.2 Consents and Approvals. Each of the Sellers and the Company Group shall (a) use his or its reasonable best
efforts to obtain all necessary Consents of all Governmental Entities and of all other Persons (including, without limitation, the consent of each counterparty to any Company Group Investment Contract or other contract) legally required in
connection with the transactions contemplated by this Agreement, and (b) provide reasonable assistance and cooperation with the Buyer Group in its preparation and filing of all documents required to be submitted by the Buyer Group to any
Governmental Entities, in connection with such transactions and in its obtaining any governmental consents, waivers, authorizations or approvals which may be required to be obtained by the Buyer Group in connection with such transactions (which
assistance and cooperation shall include, without limitation, timely furnishing to the Buyer Group all reasonably requested information concerning the Sellers or any member of the Company Group required to be included in such documents or that would
be helpful in obtaining any such required consent, waiver, authorization or approval). In furtherance and not in limitation of the foregoing, the Sellers and the Company Group shall permit the Buyer to participate in the defense and settlement of
any claim, suit or cause of action relating to this Agreement or the transactions contemplated hereby, and the Seller shall not settle or compromise any such claim, suit or cause of action without the Buyer’s written consent (not to be
unreasonably withheld). 
 8.3 Access to Properties and Records. 

(a) Subject to the terms of the Confidentiality Agreement and Applicable Law, throughout the Interim Period, the Company Group shall
(i) afford to the Buyer Group, and to the officers, directors, employees, accountants, counsel and other representatives of the Buyer Group, at the Buyer’s sole cost and expense, reasonable access during normal business hours and upon
reasonable advance notice, in a manner that does not unreasonably interfere with the operations of the Company Group Business, to management-level employees, officers, properties, books and records of the Company Group; provided, that no member of
the Company Group shall be required to (a) risk the loss of any legal privileges, immunity or other protection from disclosure, (b) violate any Applicable Law, contract or other obligation of confidentiality in providing such access, or
(c) provide access to any books and records that relate to the sale process of the Company Group. Notwithstanding anything herein to the contrary, the Buyer shall not, and shall cause its Affiliates and their respective Representatives not to,
contact any Advisory Client or other existing or potential investor or investee regarding the Company Group Business or the transaction. The Company shall have the right to have one or more Representatives present at all times during any visits,
examinations, discussions or contacts contemplated by this Section 8.3, and all access shall be managed by and conducted through the Seller Owners. 

  
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 (b) As long as the Closing shall not have occurred, the Company shall as promptly as
practicable cause to be prepared in accordance with the Principles and delivered to the Buyer the unaudited financial statements of the Company for each fiscal quarter ending at least 45 days prior to the Closing Date. 

8.4 Advisory Client Consent Process. 

(a) As promptly as practicable following the date of this Agreement, the Company shall send a written notice to each Advisory Client or, in the
case of a TB Fund, either the limited partner advisory committee or the investors of such TB Fund seeking Client Consent, which shall be in form and substance substantially similar to the Exhibit C attached hereto, informing such Advisory
Client or investors in the TB Fund of the transactions contemplated by this Agreement and requesting the requisite Client Consent (as indicated in Schedule 5.4) to (1) the change in control of the Company and the “assignment”
(as defined under the Advisers Act) of any investment advisory contract between such Advisory Client and any member of the Company Group, (2) the continuation of any such investment advisory agreement, including by waiving any termination of or
right to terminate such Company Group Investment Contract solely in connection with the transactions contemplated in this Agreement, from and after the Closing on the same terms as the investment advisory agreement in effect as of the date hereof,
(3) any required amendment to, or waiver of, the provisions of the limited partnership agreement or limited liability company agreement (or equivalent) of such TB Fund arising from any such change in control and/or “assignment” in the
form attached to the written notice delivered under this Section 8.4(a) and (4) the assignment of control of the Company Group GP Entities to the Ultimate GP as contemplated under Section 8.10. The
Company shall use reasonable best efforts to procure the requisite Client Consent from each Advisory Client. 
 (b) The Buyer shall be
provided a reasonable opportunity to review all consent materials and communications, which shall be in form and substance reasonably satisfactory to the Buyer, with the Advisory Clients or investors in a TB Fund, to be used by the Company, prior to
distribution. At all times prior to the Closing, the Company shall take reasonable steps to keep the Buyer informed of the status of obtaining such consents. The Company shall make available to the Buyer copies of all executed consents of all
Advisory Clients received by the Company. 
 8.5 Negotiations. From and after the date hereof and until the earlier to occur of the
Closing Date or the termination of this Agreement pursuant to Section 14 hereof, each Seller and the Company Group shall not, and each of them shall cause any Persons acting on behalf of any of them not to, directly or
indirectly, encourage, solicit, consider, engage in discussions or negotiations with, or provide any information to, any Person or group of Persons (other than the Buyer or its representatives) concerning any merger, sale of all or substantially all
of the Company Group’s assets, purchase or sale of Interests or similar transaction involving the Company Group or its assets (other than assets sold in the ordinary course of business). 

  
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 8.6 Efforts. Upon the terms and subject to the conditions of this Agreement, each of
the Sellers and the Company Group shall use his or its reasonable best efforts to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary, proper or advisable consistent with Applicable Law to (a) consummate
and make effective in the most expeditious manner practicable the transactions contemplated hereby and (b) comply with its obligations hereunder. Nothing in this Agreement shall require any Seller or the Company Group to pay a fee or other
amount to, or forego or reduce any rights or agree to other accommodation with, any supplier, landlord, Governmental Entity or any other Person in order to obtain such Person’s consent for the transactions contemplated hereby (including in
connection with obtaining any Client Consents), except any out-of-pocket costs, fees and expenses incurred by the Company Group in connection with each consent sought
pursuant to Section 8.2 and Section 8.4, as set forth in Section 15.3. 

8.7 Restrictive Covenants. 

(a) General. Each Seller and Seller Owner acknowledges that this Agreement, and the specific covenants set forth in this
Section 8.7 (the “Restrictive Covenants”), have been entered into by such Seller and Seller Owner in connection with the sale of the Interests (including the goodwill thereof) to the Buyer pursuant to this
Agreement. With respect to any Seller Owner that will be an employee of the Buyer or any Affiliates of the Buyer following the Closing, the Restrictive Covenants shall be interpreted to be in furtherance, and not in limitation, of the employment
duties of such Seller Owner to the Buyer or such Affiliate of Buyer. 
 (b) Non-Competition.

 (i) In order to protect the legitimate business interest of the Buyer Group and its Affiliates, including but not limited to RCP Advisors
3, LLC, Five Points Capital, Inc. and the Company Group (each, a “P10 Entity” and collectively, the “P10 Entities”), and in consideration for the good and valuable consideration directly or indirectly offered to
each Seller and Seller Owner, during the period commencing on the Closing Date and ending on the fifth (5th) anniversary of the Closing Date (the “Restricted Period”), each Seller
Owner shall not, directly or indirectly, for himself or on behalf of or in conjunction with any other Person, whether as an agent, employee, partner, joint venturer, investor or otherwise, engage in any Competitive Activity (as defined below), or
accept any investment capital from or own any interest in (other than through the passive ownership of less than 2% of the outstanding shares of any class of capital stock of a corporation which is publicly traded on a national securities exchange)
any Competitive Enterprise anywhere in the world. 
 (ii) For purposes of this Section 8.7, “Competitive
Activity” shall mean the Seller Owner, directly or indirectly, for himself or for any other person, (i) accepting investment capital from any source for purposes of managing such capital in accordance with investment strategies,
trading strategies or any other business activities identical or similar to any of those engaged in by a P10 Entity as of the Closing (other than in such Seller Owner’s capacity as an employee of the Company), including but not limited to
private equity, venture capital, buyout, lending, debt, small business investment company or “fund-of-funds” strategies (including the management of
“secondary fund-of-funds” investment vehicles or any other investment vehicle or separate account with a substantially similar investment strategy to any of
the investment vehicles or separate accounts and strategies set forth in this sentence), (ii) participating in any Competitive Enterprise (defined below); provided that the passive ownership by such Seller Owner 

  
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 of not more than two percent (2%) of the outstanding shares of any class of capital stock of a corporation
which is publicly traded on a national securities exchange will not be deemed to be a Competitive Activity, so long as such Seller Owner is not otherwise participating in the business of such corporation and/or (iii) directly or indirectly, in
any capacity, interfering, or attempting to interfere, with the relationship between a Buyer Investor (defined below) and a P10 Entity. 

(iii) “Competitive Enterprise” shall mean any business or entity, regardless of its size or the form of the business or form
of the entity conducting such business, that, directly or indirectly, (i) engages in any of the investment strategies, trading strategies or any other business activities identical or similar to any of those engaged in by a P10 Entity as of the
Closing, or (ii) owns or controls a significant interest in any entity that engages in any of the investment strategies, trading strategies or any other business activities identical or similar to any of those engaged in by a P10 Entity as of
the Closing. 
 (iv) This Section 8.7 does not, in any way, restrict or impede any Seller Owner from exercising
protected rights to the extent that those rights cannot be waived by agreement or from complying with any Applicable Law or regulation or a valid order of a court of competent jurisdiction or an authorized government agency, provided that compliance
does not exceed that required by the law, regulation, or order. Each Seller Owner shall promptly provide written notice of any order to the Buyer. 

(c) Non-Solicitation of Employees. During the Restricted Period, each Seller Owner shall not
directly or indirectly solicit, hire, recruit, attempt to hire or recruit, or induce the termination of employment of any person who is or was an employee of the P10 Entities at any time during the six (6) months preceding such activity;
provided, however, that the foregoing provision shall not prohibit (i) any solicitations made by or on behalf of such Seller Owner to the general public or such Seller Owner’s serving as a reference for any such employee upon
request, or (ii) any solicitation, hiring or recruitment of any employee whose employment was terminated by the applicable P10 Entity, who is not in breach of any restrictive covenants applicable to such employee and who is not receiving
severance payments (provided that this clause (ii) shall not apply to employees whose employment was terminated by the Company except to the extent such employees are receiving severance from the Company or were terminated for cause). 

(d) Non-Solicitation of Buyer Investors. In order to protect the legitimate business interest of
the P10 Entities, and the good and valuable consideration directly or indirectly offered to each Seller and Seller Owner, during the Restricted Period: 

(i) Each Seller Owner agrees not to, directly or indirectly, in any capacity, contact and/or solicit any Buyer Investor (other than in such
Seller Owner’s capacity as an employee of the Company) for purposes of providing investment management services that utilize any investment or trading strategies that are identical or similar to any investment or trading strategies utilized by
a P10 Entity. 
 (ii) Each Seller Owner agrees not to, directly or indirectly, in any capacity, interfere, or attempt to interfere, with
the relationship between any Buyer Investor and a P10 Entity. 

  
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 (iii) “Buyer Investor” means any person or entity (A) that was
invested in any fund or any other pooled investment vehicle, separate account or other financial product sponsored or managed by a P10 Entity, or an advisory client of a P10 Entity, during the Restricted Period, and (I) that the Seller Owner
knew, or reasonably should have known based on the Seller Owner’s role with the Company, was an investor in such entities, or (II) with whom the Seller Owner had contact as an employee; or (B) with whom the Seller Owner knew a P10
Entity had discussions about becoming a Buyer Investor during the Restricted Period and who becomes a Buyer Investor within the six (6) month period after the end of the Restricted Period. Buyer Investor also means any person or entity that was
an advisor, consultant, or manager of any person or entity referred to in clauses (A) or (B) of the preceding sentence. 
 (e) Nothing
in this Section 8.7 shall prohibit (a) any Seller Owner from purchasing publicly traded securities of any corporation, provided that this ownership represents a passive investment and that such Seller Owner is not a
controlling person of, or a member of a group that controls, the corporation; (b) any Seller Owner’s passive investment as a limited partner or similar capacity in a private equity fund, venture capital fund or other investment vehicle or
other business enterprise managed by another person or entity; or (c) any Seller Owner from investing for the account of himself and his family members. 

(f) Modification. If at the time of enforcement of the provisions of this Section 8.7, a court of competent
jurisdiction holds that the restrictions stated herein are unreasonable under circumstances then existing, the parties agree that the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the stated
period, scope or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by Applicable Laws. 

(g) Tolling of Restrictive Period. The running of the Restricted Period with respect to any Seller Owner shall be tolled during the
period of any breach by such Seller Owner of any of the Restrictive Covenants. 
 (h) Severability. If any Restrictive Covenant is
invalid in any part, it shall be curtailed, both as to time and location, to the minimum extent required for its validity under the governing law of this Agreement and shall be binding and enforceable with respect to each Seller Owner, as so
curtailed. 
 (i) Reasonableness of Restrictions. Each Seller Owner acknowledges and agrees that he derived (and/or will derive)
substantial economic benefit in connection with the transactions contemplated by this Agreement, and that the scope of activity, periods of time and the geographic area applicable to the Restrictive Covenants are reasonable. 

(j) Remedies. Without intending to limit the remedies available to the Buyer Group and its Affiliates, each Seller Owner acknowledges
that a breach of any of the Restrictive Covenants may result in material irreparable injury to the Buyer Group or any of its Affiliates for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries
precisely and that, in the event of such a breach or threat thereof, the Buyer Group or any of its Affiliates shall be entitled to seek a temporary restraining order and/or a preliminary or permanent injunction, without the necessity of proving
irreparable harm or injury as a result of such breach or threatened breach, restraining such Seller Owner from engaging in activities prohibited by this Section 8.7 or such other relief as may be required to specifically
enforce any of the Restrictive Covenants. 

  
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 8.8 Employee Matters. Prior to the Closing, the Company shall cause to be approved
board resolutions terminating the Company Pension Plan effective prior to the Closing Date. The Sellers shall provide the Buyer with copies of such board resolutions at least three (3) Business Days prior to the effective date of such
termination. Prior to the effective date of such termination, the Company shall use commercially reasonable efforts to cause to be timely delivered to all participants in such plans any required legal notices pertaining to such terminations,
including any required Notice to Terminate (as required under ERISA) and any required ERISA section 204(h) notice. The Sellers shall provide the Buyer with copies of any such notices for review and reasonable comment reasonably in advance of
delivery thereof. 
 8.9 Financing. The Buyer acknowledges and agrees that the Sellers, the Seller Owners, the Seller Representative,
the Company Group and their respective Affiliates have no responsibility for any financing that the Buyer may raise or seek to raise in connection with the transactions contemplated hereby and have only the obligations expressly set forth in this
Section 8.9. Prior to the earlier of: (a) the Closing; and (b) the termination of this Agreement in accordance with the terms hereof, each Seller and the Company Group shall use its commercially reasonably efforts to
(x) provide to the Buyer and (y) cause the Company Group’s officers, employees and advisors to provide to Buyer, such cooperation as is customary for debt financings of the type contemplated by the Debt Commitment Letter and as is
reasonably requested by the Buyer and that is reasonably necessary, proper, advisable or desirable in connection with arranging and obtaining the Debt Financing, including: (a) cooperating with the Buyer in the preparation of the Debt Financing
Agreements; (b) at least five (5) Business Days prior to the Closing Date, providing all documentation and other information about the Company Group as is reasonably requested in writing by the Buyer and is required in connection with the
Debt Financing by U.S. regulatory authorities applicable “know your customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act or otherwise required as set forth in paragraph 5 of Exhibit C to the Debt
Commitment Letter (or substantially similar provisions in any Alternative Debt Financing), to the extent requested at least ten (10) Business Days prior to the Closing Date; and 

(c) facilitating the pledging of collateral substantially concurrently with the Closing (including the delivery of original share certificates, together with
share powers executed in blank, with respect to the Company (if certificated)), including executing and delivering any customary pledge and security documents, control agreements, mortgages or similar customary definitive financing documents as may
be reasonably requested by the Buyer. No member of the Company Group shall be required to pay any commitment or other similar fee or make any other payment or incur any other liability or provide or agree to provide any indemnity in connection with
the Debt Financing or any of the foregoing that would be effective prior to the Closing. Notwithstanding anything to the contrary in this Section 8.9 or in Section 9.7, no member of the Company
Group shall be required to (1) undertake any obligation or execute or deliver any agreement, certificate or other instrument (other than authorization letters in connection with syndication efforts) that would be effective prior to the Closing
or (2) undertake any obligation, execute or deliver any agreement, certificate or instrument or provide any cooperation unless, at the Company’s written request from time to time, the Buyer transfers to the Company an amount equal to the
Company’s reasonable estimate of its expected out-of-pocket costs and expenses (including reasonable 

  
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 attorneys’ fees) in connection with such obligations, agreements and cooperation. The Company hereby
consents to the use of its logos in connection with the Debt Financing; provided, that the logos are used solely in a manner that is not intended, or likely, to harm, disparage or otherwise adversely affect the Company or the reputation or the
goodwill of the Company. 
 8.10 Control of Company Group GP Entities and Assignment of Economic Interests. Prior to the Closing, and
to the extent any member of the Company Group does not currently serve as the Ultimate GP of each Company Group GP Entity, each Seller and the Company shall take all actions necessary, including, but not limited to, amending and restating the
governing documents of a Company Group GP Entity (or its parent) or causing the Sellers or their Affiliates to resign as Ultimate GP of a Company Group GP Entity, to cause the Company or its designee to serve as the Ultimate GP of each Company Group
GP Entity and to otherwise have the exclusive power to control the Company Group GP Entity, including the control over any voting rights; provided, however, that nothing in this Section 8.10 shall require any modification
of the economic arrangements of the Company Group GP Entities (or their respective parents), including carried interest, except to the extent necessary to assign such economic arrangements from the Company to the Sellers or their designees to
maintain the economic arrangements of the Company Group GP Entities (or their respective parents) as of the date hereof. Effective immediately prior to, and conditioned upon, the Closing, and to the extent that the Company holds any economic
interest with respect to a TB Fund, any Company Group GP Entity or any other entity relating to (i) any capital commitment or capital contribution to any TB Fund or other entity, directly or indirectly, subscribed to or made by the Company or
(ii) any right to receive, directly or indirectly, any portion of carried interest distributed by a TB Fund or other entity, and not, for avoidance of doubt, any right to receive management fees (the
“Non-Management Fee Economics”), each Seller and the Company shall take all actions necessary, including, but not limited to, forming a new entity and assigning such economic rights to such
new entity, to cause the Non-Management Fee Economics to be transferred outside the Company; provided, however, that nothing in this Section 8.10 shall require any modification of the
economic arrangements with respect to the individual beneficiaries of the Non-Management Fee Economics. Notwithstanding any other provision herein to the contrary, the Buyer acknowledges and agrees that the Non-Management Fee Economics and, to the extent reflected on the balance sheet of the Company, any artwork of the Company shall be the property of the Sellers following the Closing. 

SECTION 9. 
 COVENANTS OF THE BUYER.

 9.1 Actions Before Closing Date. The Buyer shall, and shall cause each other member of the Buyer Group to, not take any action that
causes it to be in breach of any of its representations, warranties, covenants or agreements contained in this Agreement such that the conditions set forth in Section 12 hereof, as the case may be, would not be satisfied.

 9.2 Consents and Approvals. 

(a) Upon the terms and subject to the conditions of this Agreement, the Buyer shall, and shall cause each other member of the Buyer Group to,
use its reasonable best efforts to obtain all consents and approvals of Governmental Entities and third parties legally required to be 
 obtained by it to
effect the transactions contemplated by this Agreement, including any consents and approvals set forth on Schedule 5.4. 
  

  
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 (b) Upon the terms and subject to the conditions of this Agreement, the Buyer shall, and
shall cause each other member of the Buyer Group to, use its reasonable best efforts to take, or cause to be taken, all action, and to do, or cause to be done, all things necessary, proper or advisable consistent with Applicable Law to
(i) consummate and make effective in the most expeditious manner practicable the transactions contemplated hereby and (ii) comply with its obligations hereunder. 

(c) Notwithstanding the foregoing, nothing in this Agreement shall require, and the reasonable best efforts referenced in the immediately
preceding clause (a) and clause (b) shall not include, the consent by the Buyer or any Affiliate of the Buyer to any divestitures or licenses of any material assets, supply or exchange agreements, hold separate agreements or any similar
actions as may be required to obtain any and all necessary governmental, judicial or regulatory actions or non-actions, orders, waivers, consents, clearances, extensions and approvals. 

(d) The Buyer shall, and shall cause each other member of the Buyer Group to, provide reasonable assistance and cooperation with each member
of the Company Group, the Sellers and the TB Funds in its preparation and filing of all documents required to be submitted by any member of the Company Group, the Sellers and/or the TB Funds to any Governmental Entities, in connection with such
transactions and in its obtaining any governmental consents, waivers, authorizations or approvals which may be required to be obtained by any member of the Company Group in connection with such transactions. In furtherance and not in limitation of
the foregoing, the Buyer shall, and shall cause each other member of the Buyer Group to, permit the Sellers and the Company to participate in the defense and settlement of any claim, suit or cause of action relating to this Agreement or the
transactions contemplated hereby. 
 9.3 Employee Matters. 

(a) During the period beginning on the Closing and ending on the twelve (12) month anniversary of the Closing Date, the Buyer (or any
member of the Buyer Group) shall provide employees of each member of the Company Group (other than the Sellers), who remain employed by the Buyer (or any member of the Buyer Group) following the Closing (each, a “Continuing
Employee”) (i) with base salaries or wages and annual cash incentive opportunities that are no less favorable in the aggregate than the base salaries or wages and annual cash incentive opportunities, provided to such Continuing Employees
immediately prior to the Closing Date, (ii) with employee benefits (including severance and excluding equity arrangements, phantom equity arrangements, retiree health and welfare benefits and defined benefit pension plans) that are
substantially comparable in the aggregate to such benefits provided to such Continuing Employees under the applicable Company Group Plans immediately prior to the Closing Date, and (iii) with the positions, roles and responsibilities that are
substantially comparable to such positions, roles and responsibilities held by such Continuing Employees immediately prior to the Closing Date. For purposes of determining (i) eligibility to participate, (ii) level of benefits and vesting,
and (iii) benefit accruals under any “employee benefit plan,” as defined in Section 3(3) of ERISA or any other benefit plan or arrangement maintained by the Buyer Group (including any vacation, paid time off, sick pay or
severance program), each Continuing Employee’s service with any member 

  
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 of the Company (as well as service with any predecessor employer) prior to the Closing Date shall be treated
as service with the Buyer Group as of the Closing Date to the same extent that such service was recognized prior to the Closing Date under a comparable Company Group Plan in which such Continuing Employee participated; provided that the foregoing
shall not apply to the extent that it would result in any duplication of analogous benefits for the same period of service or the crediting of service under a newly established plan of the Buyer Group for which prior service is not taken into
account for similarly situated employees of the Buyer Group generally. From and after the Closing, the Buyer shall continue to honor, pay, perform and satisfy any and all liabilities, obligations and responsibilities to, or in respect of, each
Continuing Employee, and each employee, officer, director, or consultant of each member of the Company Group (whether current, former or retired) or their dependents, spouses, or beneficiaries, arising under the terms of, or in connection with, any
Plan in accordance with the terms thereof. Following the Closing, no member of the Buyer Group (including, for the avoidance of doubt, the Company Group) shall be responsible for any contributions required to be made by any Continuing Employee (but
not, for the avoidance of doubt, any Seller Owner) to any Company Group GP Entity in existence on the Closing Date, to be funded in such a manner as determined by such member of the Buyer Group, including by way of any management fee offset
permitted under the limited partnership agreement or limited liability company (or equivalent) of any TB Fund. With respect to any group health plan maintained by the Buyer Group in which any Continuing Employee is eligible to participate on or
after the Closing Date, the Buyer shall (or shall cause the Buyer Group to) use commercially reasonable efforts to waive preexisting conditions, limitations, exclusions, evidence of insurability, required physical exams, actively-at-work requirements, waiting periods and similar limitations and requirements with respect to participation by and coverage of such Continuing Employee (and his or
her eligible dependents). This Section 9.3(a) shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Section 9.3(a), express or implied,
shall confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Section 9.3(a). Nothing contained herein, express or implied, is intended to confer upon any employee of any
member of the Company Group any right to continued employment for any period or continued receipt of any specific employee benefit, shall constitute an amendment to or any other modification of any Plan, or create any right to compensation or
benefits of any nature or kind whatsoever. 
 (b) To the fullest extent not prohibited by Applicable Law, from and after the Closing, all
rights to indemnification, exculpation and advancement of expenses now existing in favor of any individual under the Company Formation Documents who, at the Closing, is entitled to exculpation, indemnification and advancement of expenses thereunder
(collectively, the “D&O Indemnified Persons”) with respect to their activities as such prior to the Closing, as provided in the operating agreements, organizational documents, indemnification agreements or other contracts
of the Company as in effect on the date hereof (the “Indemnity Arrangements”), shall survive the Closing and continue in full force and effect for a period of not less than six (6) years from the Closing Date; provided
that, in the event any claim or claims are asserted or made within such survival period, all such rights to indemnification in respect of any claim or claims shall continue until final disposition of such claim or claims. The Indemnity Arrangements
shall not be terminated or modified in such a manner as to adversely affect any D&O Indemnified Person to whom this Section 9.3 applies without the consent of such affected D&O Indemnified Person. 

  
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 (c) Prior to the Closing, the Buyer shall, or shall cause the Company as of the Closing to
obtain and fully pay for a non-cancellable “tail” insurance policy with a claims period of at least six (6) years from and after the Closing from insurance carriers with the same or better
claims-paying ability ratings as the Company’s current insurance carriers with respect to directors’ and officers’ liability insurance policies and fiduciary liability insurance policies (collectively, “D&O
Insurance”), for the persons who are covered by the Company’s existing D&O Insurance, with terms, conditions, retentions and levels of coverage (including as coverage relates to deductibles and exclusions) at least as favorable as
the Company’s existing D&O Insurance with respect to matters arising out of or relating to acts or omissions existing or occurring (or alleged to have occurred or existed) at or prior to the Closing (including in connection with this
Agreement, the Ancillary Agreements, or the transactions or actions contemplated hereby or thereby). The Buyer shall not, and shall cause its Affiliates not to, cancel or modify the D&O Insurance. In the event that, after the Closing Date, the
Company or the Buyer or any of their respective successors or assigns (i) consolidates with or merges into any other Person and shall not be the continuing or surviving corporation or entity of such consolidation or merger or
(ii) transfers all or a substantial portion of its properties and assets to any Person, then, and in either such case, proper provisions shall be made so that the successors and assigns of the Company or the Buyer, as the case may be, shall
assume the obligations set forth in this Section 9.3. The provisions of Sections 9.3(b) and 9.3(c) are intended to be for the benefit of, and shall be enforceable by, each D&O Indemnified Person, his or
her heirs, executors or administrators and his or her other representatives. The provisions of this Section 9.3(c) shall survive the consummation of the transactions contemplated by this Agreement and the Ancillary
Agreements. 
 9.4 Capital Contributions and Carried Interest; Fund Administration. Following the Closing, the Buyer Group shall not
be entitled to receive any equity interests or Carried Interest in respect of any TB Fund in existence as of the Closing, any Company Group GP Entity in existence as of the Closing or any other entity set forth on Schedule 5.6(a)(ii). The Buyer
shall cause the Company Group to continue administering the TB Funds in compliance with their governing agreements, Applicable Law and this Agreement and the other Ancillary Agreements. 

9.5 R&W Policy. The Buyer and its Affiliates shall cause the R&W Policy to be bound effective as of the Closing. The Buyer shall
timely pay all premiums and other amounts required to cause the R&W Policy to become effective in accordance with its terms. The Buyer will not, and will cause its Affiliates not to, amend, waive or otherwise modify the R&W Policy in any
manner that is adverse to the Sellers without the prior written consent of the Seller Representative. The R&W Policy shall provide that the R&W Insurer shall have no subrogation right, entitlement of privilege, or any recourse whatsoever,
against the Sellers or their Affiliates pursuant to this Agreement, the R&W Policy, the negotiation, execution or performance of this Agreement and the transactions contemplated hereby, or otherwise, except against a Seller in the case of a
matter arising directly from such Seller’s actual Fraud. Following the Closing, the Buyer shall not modify or amend the R&W Policy’s subrogation or third-party beneficiary provisions benefitting the Sellers or their Affiliates in any
manner without the prior written consent of the Seller Representative. 

  
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 9.6 Release. 

(a) As of the Closing, each Seller, on behalf of itself and its Affiliates (as applicable, “Seller Releasing Person”), hereby
releases and forever discharges each member of the Company Group, each member of the Buyer Group, their respective Affiliates, and the respective Representatives of each of the foregoing (each, solely in their capacity as such, a “Seller
Released Person”) from all debts, demands, Actions, covenants, torts, damages and all defenses, offsets, judgments and liabilities whatsoever, of every name and nature, both at law and in equity, known or unknown, accrued or
unaccrued, that have been or could have been asserted against any Seller Released Person, which any Seller Releasing Person has or ever had, that arises out of or in any way relates to events, circumstances or actions occurring, existing or taken
prior to or as of the Closing Date in respect of matters directly or indirectly relating to the Company Group (individually a “Seller Released Claim” and collectively the “Seller Released Claims”); provided,
however, that nothing contained herein will operate to release, and the term Seller Released Claims shall not include (A) any obligations of any member of the Company Group to any employee with respect to accrued and unpaid salary, paid
time off, expense reimbursement or employee benefits arising, in each case, in the ordinary course; (B) any obligation of the Company Group or the Buyer Group arising under this Agreement or any Ancillary Agreement; (C) any indemnification
obligations of the Company Group to any Seller Releasing Person under any organizational document or agreement and D&O Insurance, or (D) any obligations of any member of the Company Group to any Seller Releasing Person in respect of any
capital contributions made by a Seller Releasing Person or Carried Interest due or payable to any Seller Releasing Person. Notwithstanding the foregoing, no Company Group GP Entity or TB Fund shall be deemed a Seller Releasing Person. 

(b) Each Seller Releasing Person: 

(i) expressly waives and relinquishes all rights and benefits that such Seller Releasing Person may have under Applicable Law, including any
state law or any common law principles limiting waivers of unknown claims, with respect to the Seller Released Claims; 
 (ii) understands
that the facts and circumstances under which such Seller Releasing Person gives this full and complete release and discharge of the Seller Released Persons may hereafter prove to be different than now known or believed to be true by such Seller
Releasing Person; and 
 (iii) accepts and assumes the risk thereof and agrees that such Seller Releasing Persons’ full and complete
release and discharge of the Seller Released Persons with respect to the matters described in this Section 9.6 shall remain effective in all respects and not be subject to termination, rescission or modification by reason
of any such difference in facts and circumstances. 
 (c) Notwithstanding the foregoing, this Section 9.6 does not
limit the provisions of Section 10, Section 11 or Section 14 or the rights of any Indemnified Party thereunder or any representation, warranty, covenant or other
obligation expressly set forth in this Agreement. 

  
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 9.7 Financing. 

(a) The Buyer shall, and shall cause the other members of the Buyer Group to, take, or cause to be taken, all actions and do, or cause to be
done, all things necessary, proper or advisable to obtain, or cause to be obtained, the proceeds of the Debt Financing on the terms and conditions described in the Debt Financing Commitment, including with respect to: (i) maintaining in effect
the Debt Financing Commitment and complying with all obligations thereunder; (ii) negotiating, executing and delivering definitive agreements with respect to the Debt Financing (the “Debt Financing Agreements”) on terms no less
favorable than, and otherwise consistent with, the terms and conditions contained therein; and (iii) satisfying on a timely basis all conditions in the Debt Financing Commitment applicable to the Buyer’s obligations thereunder and
complying with the terms thereof; provided that this covenant shall not require the Buyer to commence any Action against any of the other parties to the Debt Financing Commitment or the definitive documentation for the Debt Financing, if any, with
respect thereto. In the event that all conditions contained in the Debt Commitment Letter have been satisfied (or upon funding will be satisfied), the Buyer shall cause the Debt Financing Sources to fund the Debt Financing, but in no event will the
Buyer be required to do so prior to the time the Closing is required to occur under the terms of this Agreement. In the event any portion of the Debt Financing becomes unavailable on the terms and conditions contemplated in the Debt Commitment
Letter, the Buyer shall use its reasonable best efforts to arrange to obtain as promptly as practicable, on terms that are not less favorable to the Buyer than the Debt Financing contemplated by such Debt Commitment Letters, as applicable,
alternative sources of financing in an amount sufficient, when added to the portion of the Debt Financing that is available and the Buyer’s cash on hand, to consummate the Transactions and pay any other amounts required to be paid in connection
with the consummation of the Transactions and to pay all related fees and expenses (“Alternative Debt Financing”) and to obtain, and, when obtained, to provide the Company with a copy of, a new financing commitment that provides for
such Alternative Debt Financing (the “Alternative Debt Financing Commitment Letter”). For the purposes of this Agreement, the terms “Debt Commitment Letter” and “Fee Letter” shall be deemed to
include any Alternative Debt Financing Commitment Letter or any fee letter referred to in such Alternative Debt Financing Commitment Letter (which such fee letters, for the avoidance of doubt, may be redacted in the same manner as the Fee Letters)
with respect to any Alternative Debt Financing arranged in compliance with this Section 9.7(a) (and any Debt Commitment Letter and Fee Letter remaining in effect at the time in question) and the term “Debt
Financing” shall be deemed to include any such Alternative Debt Financing. 
 (b)    The Buyer shall provide
to the Company prompt notice (and in any event within three (3) Business Days): (i) of any material breach or default by any party to the Debt Commitment Letter and/or the Debt Financing Agreements of which the Buyer becomes aware; 

(ii)    of any actual termination of the Debt Commitment Letter and/or the Debt Financing Agreements or any refusal by a Debt Financing
Source to provide the full financing contemplated by the Debt Commitment Letter; (iii) of any material dispute or disagreement between or among any parties to the Debt Commitment Letter with respect to the obligation to fund the Debt Financing
or the amount of the Debt Financing to be funded at Closing (but excluding, for the avoidance of doubt, any ordinary course negotiations with respect to the terms of the Debt Financing and/or the Debt Financing Agreements); and (iv) of any
material adverse change with respect to such Debt Financing, in each case, that would reasonably be expected to adversely affect the timely availability or amount of the Debt Financing. 

  
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 (c) The Buyer shall not permit any amendment, modification or supplement to be made to, or
any waiver of, any provision or remedy under or any replacement of the Debt Financing Commitment or the Fee Letters, if applicable, that could reasonably be expected to (i) materially adversely affect the ability of Buyer to enforce its rights
thereunder or (ii) otherwise materially impair or delay or prevent the consummation of the transactions contemplated hereby (including the Closing or the availability of the Debt Financing) without the Company’s prior written consent (it
being understood and agreed that, in any event, the Buyer may amend the Debt Commitment Letter to add lenders, arrangers, bookrunners, agents, managers or similar entities that have not executed the Debt Commitment Letter as of the date of this
Agreement, if the addition of such additional parties, individually or in the aggregate, would not prevent, materially delay, or materially impair the availability of the Debt Financing when required to be funded or the satisfaction of the
conditions to obtaining the Debt Financing, in each case on the Closing Date (provided that the Debt Financing Sources as of the date hereof shall remain liable for the entirety of such commitments thereunder as of the date hereof). After any
amendment, supplement, modification, replacement or waiver of the Debt Commitment Letter or the Fee Letters in accordance with this Section 9.7, the Buyer shall promptly deliver to the Company a true and complete copy
thereof (and in the case of the Fee Letter, redacted in a manner consistent with this Section 9.7). Upon any such amendment, modification, supplement, waiver or replacement of the Debt Commitment Letter, the term
“Debt Commitment Letter” shall mean the Debt Commitment Letter as so amended, modified, supplemented, waived or replaced and the Buyer shall provide a copy of any such material amendment to the Company. 

(d) For purposes of this Agreement (other than with respect to representations made by the Buyer as of the date hereof), references to (i)
“Debt Financing” shall include the Debt Financing contemplated by the Debt Commitment Letter as permitted to be amended, modified, supplemented, restated, replaced or substituted by this Section 9.7, (ii)
“Debt Commitment Letter” shall also include any Fee Letters or other fee letters and any amendment, modification, restatement, supplement and replacement or substitution permitted by this Section 9.7 (which
such other fee letters, for the avoidance of doubt, may be redacted in the same manner as the Fee Letters), and (iii) “Debt Financing Sources” shall include lenders and other financing sources (including underwriters, placement
agents and initial purchasers) providing the Debt Financing pursuant to any amendment, modification, restatement, supplement and replacement permitted by this Section 9.7. 

SECTION 10. 
 TAXES. 

10.1 Transfer Taxes. All sales, transfer, use, documentary, stamp, gross receipts, registration, controlling interest, transfer,
conveyance, excise, recording, license and other similar Taxes and fees together with any interest and penalties thereon (“Transfer Taxes”) imposed as a result of the sale of the Interests to the Buyer shall be borne 50% by the
Sellers and 50% by the Buyer. Subject to the foregoing sentence, the party obligated by Applicable Law to pay and remit any Transfer Taxes shall timely remit to the relevant Taxing Authority all such amounts owed and the other party shall promptly
reimburse the paying party for the portion (if any) of such Transfer Taxes for which it is obligated under the first sentence of this Section 10.1. The parties shall use reasonable efforts in cooperating to minimize the
incidence of any Transfer Taxes. The party who is obligated by Applicable Law to file any Tax Return relating to Transfer Taxes shall prepare and file such Tax Return and provide the other party opportunity for review and comment. 

 

  
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 10.2 Tax Matters. 

(a) Tax Returns. Subject to the applicable governing documents of the Company Group GP Entities, the Seller Representative shall control
the preparation and filing of any Flow-Through Return of the Company Group GP Entities (including, for the avoidance of doubt the TB Funds, as applicable); provided that if any such Flow-Through Return would result in any allocations (directly or
indirectly) of income to any member of the Company Group (other than other Company Group GP Entities), then (i) at least fifteen (15) days prior to the filing deadline (or, with respect to any such Tax Returns (if any) that are due within
twenty (20) days of the Closing Date, as soon as reasonably practicable prior to the filing deadline), the Seller Representative shall provide the Buyer with a copy of any such Tax Return, (ii) the Seller Representative shall consider in
good faith any reasonable comments provided by the Buyer (and shall not unreasonably deny the implementation of any such comments) and (iii) for any such Tax Return that would result in any allocations (directly or indirectly) of income to the
Company for any period or portion thereof after the Closing Date, shall not file any such Tax Return without the written consent of the Buyer (such consent not to be unreasonably withheld, conditioned or delayed). Except with respect to Flow-Through
Returns which are solely governed by the preceding sentence, the Seller Representative shall prepare and timely file (taking into account extensions), or cause to be prepared and timely filed, all Tax Returns of the members of the Company Group
(A) that are required to be filed prior to the Closing Date, or (B) that are income Tax Returns for a Tax period that begins prior to and ends on or prior to the Closing Date (including, for the avoidance of doubt, the final IRS Form 1065
of the Company), and shall promptly pay (or cause to be paid) all Taxes that are reflected on such Tax Returns to the extent such Taxes were not accrued as Indebtedness or as a liability in Final Net Working Capital or as Transaction Expenses. The
Buyer shall prepare and timely file all other Tax Returns of the members of the Company Group (other than the Tax Returns of the Company Group GP Entities that are not Flow-Through Returns) that relate to any
Pre-Closing Tax Period or Straddle Period in a manner consistent with past practice, except as otherwise required by Applicable Law. At least fifteen (15) days prior to the filing deadline (or, with
respect to any such Tax Returns (if any) that are due within twenty (20) days of the Closing Date, as soon as reasonably practicable prior to the filing deadline), the Buyer (i) shall provide the Seller Representative with a copy of any
such Tax Return and (ii) shall reflect any reasonable comments made by the Seller Representative with respect to the preparation of such Tax Return. The Sellers shall be responsible for (1) all Taxes that are shown as due on any such Tax
Return filed by the Buyer relating to any Pre-Closing Tax Period and (2) for the pre-Closing portion of any Taxes that are shown as due on any such Tax Return for a
Straddle Period (as determined in accordance with Section 10.3). No later than five (5) Business Days prior to the due date of any such Tax Return, the Seller Representative shall pay to the Buyer, on behalf of the Sellers,
the amount of Taxes that are the Sellers’ responsibility with respect to such Tax Return under the prior sentence, to the extent such Taxes were not accrued as Indebtedness or as a liability in Final Net Working Capital or as Transaction
Expenses. For the avoidance of doubt, any cost incurred with respect to the preparation or filing of any Tax Returns pursuant to the second sentence of this Section 10.2(a) shall be paid by the Sellers. For purpose of this
Section 10.2(a) and Section 10.2(b), “Flow-Through Return” means a Tax Return of a Company Group GP Entity (including, for the avoidance of doubt a TB Fund, as applicable) that
allocates or reports income to the direct or indirect beneficial owner(s) of the Company Group GP Entity under applicable Law. 

  
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 (b) Tax Proceedings. The Buyer and the Seller Representative shall promptly notify
each other upon receiving notice of any pending or threatened Tax proceeding that could result in Tax liability for any member of the Company Group with respect to a Pre-Closing Tax Period or a Straddle
Period, or that relates to a Flow-Through Return. The Seller Representative shall control any Tax proceeding (i) with respect to a member of the Company Group that relates solely to any Tax period ending on or prior to the Closing Date
(including, for the avoidance of doubt, the final IRS Form 1065 of the Company), (ii) with respect to any Flow-Through Return for a Pre-Closing Tax Period and (iii) with respect to any other Flow-Through
Return to the extent such proceeding would not result in any Tax liability for which Buyer or any member of the Company Group (other than other Company Group GP Entities) would be responsible. The Buyer and the Seller Representative shall jointly
control any Tax proceeding with respect to a Flow-Through Return not described in clause (ii) or clause (iii) immediately above (i.e., a Flow-Through Return to the extent such proceeding would result in any Tax liability for which Buyer or
any member of the Company Group (other than other Company Group GP Entities) would be responsible. The Buyer shall control all other Tax proceedings with respect to the members of the Company Group (other than Tax proceedings that relate to Tax
Returns of the Company Group GP Entities that are not Flow-Through Returns). The Seller Representative shall consult with the Buyer regarding any Tax proceeding with respect to a Flow-Through Return or with respect to the members of the Company
Group that the Seller Representative controls and, in each case, that could result in Tax liability for a member of the Company Group, provide the Buyer with information and documents related thereto, permit the Buyer or its representative to attend
and participate in any such Tax proceeding at the Buyer’s sole cost and expense, and not settle any such Tax proceeding without the consent of the Buyer (which consent shall not be unreasonably withheld, conditioned or delayed). The Buyer shall
consult with the Seller Representative regarding any other Tax proceeding with respect to a member of the Company Group that the Buyer controls and that could result in Tax liability for any Seller or any member of the Company Group in respect of
which the Sellers may become obligated to make any indemnity payment pursuant to Section 11, provide the Seller Representative with information and documents related thereto, permit the Seller Representative to attend and participate in any
such Tax proceeding at the Seller Representative’s sole cost and expense, and, solely with respect to any such tax proceeding that would give rise to Tax liability for any Seller or any member of the Company Group, not settle any such Tax
proceeding without the consent of the Seller Representative (which consent shall not be unreasonably withheld, conditioned or delayed). The provisions of this Section 10.2(b) shall apply notwithstanding anything to the
contrary in Sections 11.6, 11.7 or 11.8. 
 (c) Allocation of Tax Liability. 

(i) If the liability for Taxes for a Straddle Period is based upon income, gross receipts (such as sales Taxes) or specific transactions
involving Taxes other than Taxes based upon income or gross receipts, the amount of Taxes attributable to the pre-Closing portion of such Straddle Period shall be an amount of Taxes determined by closing the
books of the applicable member of the Company Group as of the close of business on the Closing Date. 

  
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 (ii) If the liability for Taxes for a Straddle Period is determined on a basis other than
income, gross receipts or specific transactions, the amount of Taxes attributable to the pre-Closing portion of such Straddle Period shall be equal to the amount of such Taxes for the Straddle Period
multiplied by a fraction, the numerator of which is the number of days in such Straddle Period prior to and including the Closing Date and the denominator of which is the total number of days in the Straddle Period. 

(d) Tax Treatment of Acquisition; Purchase Price Allocation. 

(i) For U.S. federal income tax purposes, the parties hereto agree that 

(A) the Buyer’s acquisition of the Interests pursuant to this Agreement is intended to be treated as an “assets-over” partnership consolidation
of the Buyer and the Company that is described in Treasury Regulations Sections 1.708-1(c)(1) and 1.708-1(c)(3)(i), in which the Buyer shall be treated as the resulting
partnership and the Company shall be treated as the terminating partnership, and (B) the cash consideration transferred by the Buyer in exchange for the Interests is intended to be treated as the proceeds of an asset sale by the Company to the
Buyer, except for that portion of such consideration that is “allocable” (within the meaning of Treasury Regulations Section 1.707-5(b)) to the Debt Financing but does not exceed the
Sellers’ “allocable share” (within the meaning of Treasury Regulations Section 1.707-5(b)(2)) of the Debt Financing, which shall be treated as a distribution described in Section 731
of the Code. The parties agree to treat the assumption of any liabilities of the Company by the Buyer as “qualified liabilities” as defined in Treasury Regulations Section 1.707-5(a)(6). 

(ii) The Seller Representative shall, within 90 days following the Closing, submit to the Buyer an allocation of the purchase price as finally
determined for U.S. federal income Tax purposes among the assets treated as sold to the Buyer, which shall be consistent with the following principles: depreciable and current assets shall be valued at their respective book values; management
contracts shall be valued at the value attributable to the stream of income they are projected to produce during their 90 day notice termination period; and the remaining purchase price will be allocated to goodwill. Within 30 days of receipt, the
Buyer shall submit any comments and suggested changes that it has on the allocation, which the Seller Representative shall consider in good faith. 

(iii) The parties agree that any deductions with respect to Transaction Expenses (including, for the avoidance of doubt, Sale Bonuses) are
intended to be allocable to the portion of the Company’s tax year ending on the Closing Date and, to the maximum extent permitted by Applicable Law, shall be included in the final IRS Form 1065 of the Company. 

(iv) The parties hereto shall report and file their respective Tax Returns in accordance with the treatment described in
Section 10.2(d)(i), (ii) and (iii) and shall not take any position on any Tax Return, in any audit, administrative, or judicial proceeding, or otherwise that is inconsistent with such treatment except as
otherwise required by Applicable Law. 
 (e) Tax Receivable Agreements. For so long as the TrueBridge Members (as defined in the Buyer
LLC Agreement) hold at least twenty-five percent (25%) of the equity acquired by the Sellers at Closing (including any other securities, equity or stock into which that equity is converted, exchanged or similar), the Buyer Group agrees that it shall
not, and shall cause 

  
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 New P10 Parent (as defined in the Buyer LLC Agreement), any Affiliates or any successor of the foregoing not
to, make an acquisition of any business (or equity interest in such business) the terms and conditions of which include a TRA, unless such acquiring Person first obtains the written consent of Edwin Poston and Mel A. Williams, such consent not to be
unreasonably withheld, conditioned or delayed; provided that it may be conditioned on a monetary compensation to Edwin Poston and Mel A. Williams (the “Commensurate Consideration”) that is commensurate with the payments the Sellers
would have received had a customary and fulsome tax receivable agreement been entered into between the Sellers and the Company in connection with the Buyer’s acquisition of the Company, and the Sellers had sold their Series D Preferred Units to
P10 Parent or New P10 Parent in a taxable transaction resulting in a basis step-up, and any tax deductions (or NOLs) resulting from the amortization of the basis step-up
so obtained was deemed utilized each year by P10 Parent or New P10 Parent before any deductions (or NOLs) in such year resulting from any other basis step-up that is the subject of any other tax receivable
agreement (or similar agreement, however titled) entered into by the Buyer Group, New P10 Parent, of any of their Affiliates after the date hereof. “TRA” (i) means (A) a customary tax receivable agreement (or similar agreement
however titled) pursuant to which the seller or sellers would be paid periodic additional consideration after the closing of such acquisition (or an accelerated lump sum or installments thereof based on specified contingencies and assumptions) for
the tax benefits to be realized with respect to a step-up in the tax basis of the assets directly or indirectly acquired in such acquisition, as such tax benefits are realized and at the tax rates in effect
for each year of such realization (a “Basic TRA”) or (B) any note payable or deferred payments made in connection with such acquisition the amounts of which are the same or reasonably similar to the amounts that would be
expected to be paid out under a Basic TRA and are based on the same factors set forth in the definition of Basic TRA above, and (ii) specifically excludes any amount paid at the closing of such acquisition regardless of whether the buyer has
attributed value to the tax benefits to be realized with respect to a step-up in the tax basis of the assets directly or indirectly acquired and whether that value is reflected in the purchase price (whether
based on future estimates of tax benefit realization or not). For example, (x) this Agreement and the purchase price paid pursuant to this Agreement would not be a TRA regardless of whether any of such purchase price is based on any stepped-up tax basis in the Company assets and (y) any agreement in which a taxable exchange of Preferred Units (as defined in the Buyer LLC Agreement) for stock of P10 Parent or New P10 Parent results in the
former holder of such Preferred Units being entitled to payments, in addition to such stock, whenever and however paid, for the stepped-up tax basis received by P10 Parent or New P10 Parent, would be a TRA.
This Section 10.2(e) shall terminate upon the first closing of an acquisition in connection with which Edwin Poston and Mel A. Williams enter into an agreement for, or are paid, Commensurate Consideration. 

SECTION 11. 
 INDEMNIFICATION. 

11.1 Survival. The parties hereto agree that (i) the Fundamental Representations shall survive the Closing for a period of five
(5) years following the Closing Date, (ii) the representations and warranties in Sections 5.9 and 7.9 (other than in Section 7.9(b)) shall survive the Closing until sixty (60) days after the end
of the applicable statute of limitations, (iii) the representations and warranties in Section 7.9(b) shall survive the Closing for a period of four (4) years following the Closing Date, (iv) each other
representation and warranty set forth in this Agreement shall survive the Closing for a period of twelve (12) months following the Closing Date, (v) the covenants and 

  
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 agreements contained in this Agreement which expressly contemplate performance after the Closing shall
survive the Closing for the period contemplated by their respective terms, and (vi) all covenants and agreements contained in this Agreement (other than the covenants described in clause (v)) shall terminate effective as of the Closing (or upon
the earlier termination of this Agreement). No assertion of entitlement to indemnification, claim, lawsuit, or other proceeding arising out of or related to the breach of any representation or warranty contained in this Agreement may be made by any
Indemnified Party (as defined below), unless notice of such assertion, claim, lawsuit or other proceeding is given to the Indemnifying Party (as defined below) in accordance with Section 11.5 prior to the end of the
applicable survival period set forth in this Section 11.1. 
 11.2 Indemnification by the Sellers. 

(a) Subject to the limitations set forth in this Section 11, from and after the Closing Date, each Seller shall
indemnify and hold harmless the Buyer, the Buyer Group, and their respective Subsidiaries, Affiliates, directors, officers, members, managers, agents and employees (the “Buyer Indemnified Parties”) from, against and in respect of
any Losses suffered or incurred by a Buyer Indemnified Party arising out of or resulting from (i) any breach of, or inaccuracy in, the representations and warranties of such Seller specifically set forth in Section 6
of this Agreement or (ii) any failure of such Seller to perform any of his covenants contained herein required to be performed after the Closing. 

(b) Subject to the applicable limitations set forth in this Section 11, from and after the Closing Date, the Sellers
(on a several and not joint basis based on the Seller Percentage of each Seller) shall indemnify and hold harmless the Buyer Indemnified Parties from, against and in respect of any Losses suffered or incurred by a Buyer Indemnified Party arising out
of or resulting from (i) any breach of, or inaccuracy in, the representations and warranties of the Company specifically set forth in Section 5 of this Agreement, and (ii) any Indemnified Taxes. 

11.3 Indemnification by the Buyer. Subject to the limitations set forth in this Section 11, from and after the
Closing Date, the Buyer shall indemnify and hold harmless the Sellers from, against and in respect of any Losses suffered or incurred by the Sellers arising out of or resulting from (a) any breach of any representation or warranty of the Buyer
specifically set forth in Section 7 of this Agreement and (b) any failure of the Buyer or the Company to perform any covenant or agreement contained in this Agreement which expressly contemplates performance by the Buyer or
the Company after the Closing. 
 11.4 Limitations and Other Terms. The rights of the Indemnified Parties to indemnification pursuant
to the provisions of this Section 11 are subject to the following limitations: 
 (a) Subject to
Section 11.4(d), no individual claim by any Indemnified Party for any Losses pursuant to Section 11.2(a)(i), Section 11.2(b)(i) or
Section 11.3(a) may be asserted unless and until the aggregate amount of Losses that would be payable pursuant to such claim exceeds an amount equal to $10,000 (which Losses will not be counted toward the Buyer Deductible
or the Seller Deductible, as applicable). 

  
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 (b) Subject to Section 11.4(d), (i) the Buyer Indemnified Parties
shall not be entitled to indemnification for any Losses pursuant to Section 11.2(a)(i) or Section 11.2(b)(i) until the aggregate amount of the Buyer Indemnified Parties’ Losses under
Section 11.2(a)(i) and Section 11.2(b)(i) exceeds the Seller Deductible, after which the Buyer Indemnified Parties may seek indemnification for any Losses from the first dollar thereof, up to
$2,000,000 and (ii) the Sellers shall not be entitled to indemnification for any Losses pursuant to Section 11.3(a) until the aggregate amount of the Sellers’ Losses under Section 11.3(a)
exceeds the Buyer Deductible, after which the Sellers may seek indemnification for any Losses from the first dollar thereof, up to $3,000,000. 

(c) In the event that any Buyer Indemnified Party is entitled to indemnification for any Losses arising out of or resulting from (i) any
breach of, or inaccuracy in, the Seller Fundamental Representations or the Company Fundamental Representations or (ii) Indemnified Taxes (the “Special Losses”), the Buyer Indemnified Party shall be required to use commercially
reasonable efforts to seek recovery first from the R&W Policy for all Special Losses in excess of the retention of the R&W Policy; provided, however, that if at any time (x) any Buyer Indemnified Party has previously
recovered Special Losses from the R&W Policy and (y) any Buyer Indemnified Party is entitled to indemnification for any Losses pursuant to Section 11.2 but is unable to fully recover under the R&W Policy due to
the fact that the coverage limit of the R&W Policy has been met (such amount which was not recovered under the R&W Policy, the “Reduced Coverage Losses”), then the Seller or the Sellers, as applicable, shall indemnify
the Buyer Indemnified Party for the Reduced Coverage Losses (provided that the Sellers shall not be required to indemnify the Buyer Indemnified Party for any Reduced Coverage Losses in excess of the aggregate amount of the Special Losses which were
recovered from the R&W Policy). For the avoidance of doubt, and notwithstanding anything herein to the contrary, this Section 11.4(c) shall not limit the ability of the Buyer Indemnified Parties to seek indemnification
from the Seller or the Sellers, as applicable, (x) with respect to the portion of the Special Losses which is less than or equal to the retention of the R&W Policy and (y) if the Buyer Indemnified Party does not recover the Special
Losses under the R&W Policy for any reason. 
 (d) The limitations set forth in Sections 11.4(a) and 11.4(b) shall not
apply with respect to any Losses arising out of or resulting from Fraud. The limitations set forth in Sections 11.4(a) and 11.4(b) shall not apply with respect to any Losses arising out of or resulting from a breach of, or
inaccuracy in, the Seller Fundamental Representations, the Company Fundamental Representations or the Buyer Fundamental Representations, respectively. 

(e) The amount of any Losses for which indemnification is provided for under this Section 11 shall be reduced by
(i) any insurance proceeds or other amounts actually received by the applicable Indemnified Party from third parties with respect to such Losses, net of any deductible or any other expense incurred by the Indemnified Parties in obtaining such
recovery, (ii) all indemnity, contribution and similar payments received or reasonably expected to be received by the Indemnified Party (or its parent or any of its Subsidiaries) in respect of any such claim, and (iii) any net tax benefits
received by the applicable Indemnified Party in connection with the Loss that has occurred. The Indemnified Party will use its commercially reasonable efforts to recover under insurance policies and indemnity, contribution and similar agreements for
any Losses prior to seeking indemnification under this Agreement. If the Indemnified Party (or its parent or any of its Subsidiaries) receives any such payment after it has already received an 

  
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 indemnification payment on account of its claim, then it shall promptly reimburse the Indemnifying Party for
the amount of such payment to the extent that such amount was not already deducted from the indemnification payment made by the Indemnifying Party. For the avoidance of doubt, and without limitation to the provisions of
Section 11.2 or 11.3, an Indemnified Party will not have any indemnity, contribution or similar rights against any Related Party. 

(f) In no event will any Indemnified Party be entitled to recover any punitive damages (except to the extent payable as a result of a
Third-Party Claim). 
 (g) In no event will any Indemnified Party be entitled to recover any Losses to the extent such Losses are included in
the calculation of the Final Closing Amount. 
 (h) For purposes of this Section 11, any breach of, or inaccuracy
in, any representation or warranty contained in this Agreement (as well as any certificate delivered pursuant to this Agreement) (other than the representations and warranties set forth in the first sentence of Section 5.14
and Section 5.18(a)), as well as the amount of any Losses resulting from any such breach or inaccuracy, shall be determined without giving effect to any limitations or qualifications regarding materiality, the use of the
word “material”, “material respects”, “Company Group Material Adverse Effect” or “Buyer Group Material Adverse Effect”, or any similar term, qualification or limitation based on materiality contained herein.

 (i) In no event will any Seller (or its Seller Owner) be liable for (A) any breach of, or inaccuracy in, any representation or
warranty made by any other Seller (or its Seller Owner) or (B) breach or violation of any covenant or agreement made by any other Seller (or its Seller Owner). No Buyer Indemnified Party shall make a claim to indemnification under
Section 11.2(b) unless such claim is made against all of the Sellers, and no Buyer Indemnified Party shall offer to compromise any claim unless the same offer is made to all of the Sellers to which the applicable claim has
been made. 
 11.5 Procedures for Indemnification. 

(a) If a party entitled to indemnification under this Section 11 (an “Indemnified Party”)
asserts that it has suffered or incurred a Loss for which it is entitled to indemnification or that a party obligated to indemnify it has become obligated to such Indemnified Party, or if any suit, action, investigation, claim or proceeding is
begun, made or instituted as a result of which the Indemnified Party may become entitled to indemnification or a party obligated to indemnify it has become obligated to an Indemnified Party, such Indemnified Party shall give prompt written notice to
(i) in the case of a claim for indemnification pursuant to Section 11.2(a), the applicable Seller against whom such claim is asserted, (ii) in the case of a claim for indemnification pursuant to
Section 11.2(b), the Seller Representative, and (iii) in the case of a claim for indemnification pursuant to Section 11.3, the Buyer (each such person, an “Indemnifying
Party”). No delay in delivering such written notice to the Indemnifying Party shall relieve the Indemnifying Party from any obligation hereunder or prevent the Indemnifying Party from recovering in respect of any claim for indemnification
pursuant to and in accordance with this Section 11 unless, and then solely to the extent that, the Indemnifying Party is actually and materially prejudiced thereby. Such notice by the Indemnified Party will describe the
claim giving rise to an obligation of indemnification in reasonable detail and will indicate the estimated amount, if reasonably 

  
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 practicable, of the Loss that has been or may be sustained by the Indemnified Party. Thereafter, the
Indemnified Party will deliver to the Indemnifying Party, within five (5) Business Days after the Indemnified Party’s receipt thereof, copies of all notices and documents (including court papers) received by the Indemnified Party relating
to such claim. Within 30 days after delivery of a notice pursuant to this Section 11.6 (the “Response Period”), the Indemnifying Party shall deliver to the Indemnified Party a written response to such
notice. If, during the Response Period, the Indemnifying Party delivers a written notice disputing the Indemnified Party’s entitlement to indemnification of the Losses described in such notice, the parties shall use their commercially
reasonable efforts to settle such disputed matters within 30 days following the expiration of the Response Period. The parties hereto acknowledge and agree that the Federal Rules of Evidence Rule 408 shall apply to the parties hereto during any such
negotiations and any subsequent dispute arising therefrom. If the parties are unable to reach agreement within such 30-day period, the dispute may be resolved by any legally available means consistent with the
provisions of Section 15.2. 
 (b) This Section 11.5(b) shall apply to any suit, action,
investigation, claim or proceeding asserted by a third party against an Indemnified Party (a “Third-Party Claim”). The parties hereto shall cooperate and provide reasonable assistance in the defense or prosecution thereof. The
Indemnified Party may not settle or compromise any Third-Party Claim without the prior written consent of the Indemnifying Party (not to be unreasonably withheld, conditioned or delayed). No Indemnified Party nor any of its Affiliates will admit any
liability with respect to, or settle, compromise or discharge any Third-Party Claim without the prior written consent of the Indemnifying Party, such consent not to be unreasonably withheld or delayed. The Indemnified Party and the Indemnifying
Party will cooperate with each other in all reasonable respects in connection with the defense of any Third-Party Claim, including making available records relating to such Third-Party Claim and furnishing, without expense (other than reimbursement
of actual out-of-pocket expenses) to the defending party, management employees of the non-defending party as may be reasonably
necessary for the preparation of the defense of such Third-Party Claim. 
 (c) To the extent of any conflict between
Section 10.2(b) and this Section 11.5, Section 10.2(b) shall govern. 

11.6 Exclusive Remedy. The parties hereto acknowledge and agree that, following the Closing, the indemnification provisions of
Section 11 shall be the sole and exclusive remedies of the parties hereto for any claim (regardless of the legal theory under which such liability or obligation may be sought to be imposed (whether sounding in contract or
tort, or whether at law or in equity, or otherwise)) that any party may at any time suffer or incur, or become subject to, as a result of or in connection with, or otherwise under this Agreement or the transactions contemplated hereby, including any
breach of any representation or warranty in this Agreement (including in any certificates delivered hereunder) by any party, or any failure by any party to perform or comply with any covenant or agreement that, by its terms, was to have been
performed, or complied with, under this Agreement, except (a) as provided in Section 3.2, (b) as provided in Section 15.16 or (c) in the event of a claim against a Person for such
Person’s Fraud. In furtherance of the foregoing, each party hereby waives, to the fullest extent permitted under Applicable Law, all rights, claims and causes of action for any breach of any representation, warranty, covenant, agreement or
obligation set forth herein or otherwise relating to the subject matter of this Agreement (including in any certificates delivered hereunder) it may have against the other parties 

  
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 hereto and their Affiliates and each of their respective Representatives arising under or based upon any
law, except pursuant to Section 3.2, this Section 11, Section 15.16 or in the event of a claim against a Person for such Person’s Fraud. Notwithstanding anything
herein to the contrary, following the Closing (a) no Seller or Seller Owner shall have any liability pursuant to or arising from this Agreement or the transactions contemplated hereby in an aggregate amount in excess of the aggregate
consideration received by such Seller or Seller Owner pursuant to this Agreement and (b) the Buyer shall not have any liability pursuant to or arising from this Agreement or the transactions contemplated hereby in an aggregate amount in excess
of the same amount described in clause (a) immediately above. The Sellers and the Seller Owners shall have no liability in addition to what has been provided under Section 11.3, and the limitations of liability under
this Section 11 shall not be limited, restricted or affected in any manner on the basis that: (a) the R&W Policy is not in force on the Closing Date for any reason; (b) the R&W Policy is terminated or
cancelled or becomes null and of no effect at any time after the Closing Date for any reason; or (c) the R&W Policy provider refuses, omits, is unable to or delays to make any payment under the R&W Policy for any reason, whether or not
the R&W Policy provider is in default or not under the R&W Policy. 
 11.7 Indemnification Payments. Any amounts owing under
Section 11.2 shall be paid by the applicable Seller(s) to the Buyer by wire transfer of immediately available funds within three (3) calendar days after the final determination thereof. Any amounts owing under
Section 11.3 shall be paid by the Buyer to the applicable Seller(s), as directed by the Seller Representative, by wire transfer of immediately available funds within three (3) calendar days after the final determination
thereof. 
 11.8 Purchase Price Adjustment. Notwithstanding anything to the contrary in this Agreement, any payments pursuant to this
Section 11 shall be treated as an adjustment to the consideration paid to the Sellers hereunder for the purchase of the Interests. 

11.9 Guarantee by TCF. TCF hereby irrevocably, absolutely and unconditionally guarantees, as a primary obligation and not as a surety,
to the Buyer the payment and performance of the obligations of Poston under this Agreement (in each case, subject to all limitations, qualifications, terms and conditions of Poston’s obligations set forth herein), including, for the avoidance
of doubt, any obligations of Poston under Section 11.2 of this Agreement. This guaranty is an absolute, unconditional and continuing guaranty of payment and performance and not of collectability, irrespective of the
validity, legality or enforceability of this Agreement or any other document or instrument contemplated hereby. TCF waives promptness, diligence, presentment, demand, protest, notice of acceptance, notice of any obligations incurred and all other
notices of any kind, all defenses which may be available by virtue of any valuation, stay, moratorium law or other similar law now or hereafter in effect, any right to require the marshalling of assets of TCF, any of its Affiliates or any other
entity or other Person primarily or secondarily liable with respect to any of the guaranteed obligations, and all suretyship defenses generally. If any payment in respect of any of the guaranteed obligations is rescinded after receipt by the Buyer,
the guaranty hereunder shall be automatically reinstated as if no such payment had ever been made. TCF agrees that the Buyer shall not be required to prosecute collection, enforcement or other remedies against TCF or to enforce or resort to any
rights or remedies pertaining thereto, before calling on TCF for payment or performance. TCF hereby waives any and all notice of the creation, renewal, extension or accrual of the obligations of TCF set forth in this Agreement and notice of or proof
of reliance 

  
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 by the Buyer upon this Section 11.9 or acceptance of this
Section 11.9. The guaranty provided by TCF pursuant to this Section 11.9 is an unconditional guarantee of payment and not of collection and is in no way conditioned upon any requirement that TCF or
any other Person first attempt to collect any amounts from the Buyer or resort to any security or other means of collecting payments required to be made by the Buyer hereunder. TCF acknowledges that it will receive substantial direct and indirect
benefits from the transactions contemplated by this Agreement and that the waivers set forth in this Section 11.9 are made knowingly in contemplation of such benefits. TCF represents and warrants that (a) it has all
requisite power and authority to execute, deliver and perform its obligations under this Agreement and this Agreement has been duly executed and delivered by TCF and constitutes a valid and binding obligation of TCF, enforceable against TCF in
accordance with its terms, and (b) the execution, delivery and performance of this Agreement does not contravene any law to which TCF is subject or result in any breach of any Contract to which TCF is a party, other than such contravention or
breach that would not be material to TCF or limit its ability to carry out the terms and provisions of this Agreement. 
 11.10 Guarantee
by MAW. MAW hereby irrevocably, absolutely and unconditionally guarantees, as a primary obligation and not as a surety, to the Buyer the payment and performance of the obligations of Williams under this Agreement (in each case, subject to all
limitations, qualifications, terms and conditions of Williams’ obligations set forth herein), including, for the avoidance of doubt, any obligations of Williams under Section 11.2 of this Agreement. This guaranty is an
absolute, unconditional and continuing guaranty of payment and performance and not of collectability, irrespective of the validity, legality or enforceability of this Agreement or any other document or instrument contemplated hereby. MAW waives
promptness, diligence, presentment, demand, protest, notice of acceptance, notice of any obligations incurred and all other notices of any kind, all defenses which may be available by virtue of any valuation, stay, moratorium law or other similar
law now or hereafter in effect, any right to require the marshalling of assets of MAW, any of its Affiliates or any other entity or other Person primarily or secondarily liable with respect to any of the guaranteed obligations, and all suretyship
defenses generally. If any payment in respect of any of the guaranteed obligations is rescinded after receipt by the Buyer, the guaranty hereunder shall be automatically reinstated as if no such payment had ever been made. MAW agrees that the Buyer
shall not be required to prosecute collection, enforcement or other remedies against MAW or to enforce or resort to any rights or remedies pertaining thereto, before calling on MAW for payment or performance. MAW hereby waives any and all notice of
the creation, renewal, extension or accrual of the obligations of MAW set forth in this Agreement and notice of or proof of reliance by the Buyer upon this Section 11.9 or acceptance of this Section 11.9.
The guaranty provided by MAW pursuant to this Section 11.9 is an unconditional guarantee of payment and not of collection and is in no way conditioned upon any requirement that MAW or any other Person first attempt to
collect any amounts from the Buyer or resort to any security or other means of collecting payments required to be made by the Buyer hereunder. MAW acknowledges that it will receive substantial direct and indirect benefits from the transactions
contemplated by this Agreement and that the waivers set forth in this Section 11.9 are made knowingly in contemplation of such benefits. MAW represents and warrants that (a) it has all requisite power and authority to
execute, deliver and perform its obligations under this Agreement and this Agreement has been duly executed and delivered by MAW and constitutes a valid and binding obligation of MAW, enforceable against MAW in accordance with its terms, and
(b) the execution, delivery and performance of this Agreement does not contravene any law to which MAW is subject or result in any breach of any Contract to which MAW is a party, other than such contravention or breach that would not be
material to MAW or limit its ability to carry out the terms and provisions of this Agreement. 
  

  
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 11.11 Guarantee by Guarantor. The Guarantor hereby irrevocably, absolutely and
unconditionally guarantees, as a primary obligation and not as a surety, to the Sellers the payment and performance of the obligations of the Buyer under this Agreement (in each case, subject to all limitations, qualifications, terms and conditions
of the Buyer’s obligations set forth herein), including, for the avoidance of doubt, any obligations of the Buyer under Section 11.3 of this Agreement. This guaranty is an absolute, unconditional and continuing
guaranty of payment and performance and not of collectability, irrespective of the validity, legality or enforceability of this Agreement or any other document or instrument contemplated hereby. The Guarantor waives promptness, diligence,
presentment, demand, protest, notice of acceptance, notice of any obligations incurred and all other notices of any kind, all defenses which may be available by virtue of any valuation, stay, moratorium law or other similar law now or hereafter in
effect, any right to require the marshalling of assets of the Guarantor, any of its Affiliates or any other entity or other Person primarily or secondarily liable with respect to any of the guaranteed obligations, and all suretyship defenses
generally. If any payment in respect of any of the guaranteed obligations is rescinded after receipt by the Sellers, the guaranty hereunder shall be automatically reinstated as if no such payment had ever been made. The Guarantor agrees that the
Sellers shall not be required to prosecute collection, enforcement or other remedies against the Guarantor or to enforce or resort to any rights or remedies pertaining thereto, before calling on the Guarantor for payment or performance. The
Guarantor hereby waives any and all notice of the creation, renewal, extension or accrual of the obligations of the Guarantor set forth in this Agreement and notice of or proof of reliance by the Sellers upon this
Section 11.11 or acceptance of this Section 11.11. The guaranty provided by the Guarantor pursuant to this Section 11.11 is an unconditional guarantee of payment and not
of collection and is in no way conditioned upon any requirement that the Buyer or any other Person first attempt to collect any amounts from any Seller or resort to any security or other means of collecting payments required to be made by the
Sellers hereunder. The Guarantor acknowledges that it will receive substantial direct and indirect benefits from the transactions contemplated by this Agreement and that the waivers set forth in this Section 11.11 are made
knowingly in contemplation of such benefits. The Guarantor represents and warrants that (a) it has all requisite power and authority to execute, deliver and perform its obligations under this Agreement and this Agreement has been duly executed
and delivered by the Guarantor and constitutes a valid and binding obligation of the Guarantor, enforceable against the Guarantor in accordance with its terms, and (b) the execution, delivery and performance of this Agreement does not
contravene any law to which the Guarantor is subject or result in any breach of any Contract to which the Guarantor is a party, other than such contravention or breach that would not be material to the Guarantor or limit its ability to carry out the
terms and provisions of this Agreement. 
 SECTION 12. 

CONDITIONS PRECEDENT TO PERFORMANCE BY THE SELLERS, THE SELLER 

OWNERS AND THE COMPANY. 
 The
obligations of the Sellers, the Seller Owners and the Company to consummate the transactions contemplated by this Agreement are subject to the fulfillment, at or before the Closing Date, of the following conditions, any one or more of which may be
waived in writing by the Seller Representative in his sole discretion: 

  
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 12.1 Representations and Warranties of the Buyer. The representations and warranties
of Buyer (i) set forth in the Buyer Fundamental Representations shall be true and correct in all respects, and (ii) set forth in Section 7 (other than the Buyer Fundamental Representations), without giving effect
to any materiality or material adverse effect qualifications therein, shall be true and correct, in the case of clauses (i) and (ii), as of the Closing Date (except to the extent such representation or warranty refers to a specific date, in
which case such representation or warranty shall instead be true and correct as of such date) as if made by the Buyer on and as of the Closing Date, except, in the case of clause (ii), to the extent that the failure of such representations and
warranties to be so true and correct has not had and would not reasonably be expected to have, individually or in the aggregate, a Buyer Group Material Adverse Effect. 

12.2 Performance of the Obligations of the Buyer. The Buyer shall have complied with and performed in all material respects all
obligations required under this Agreement to be performed or complied with by it on or before the Closing Date. 
 12.3 Consents and
Approvals. All Consents of any Governmental Entities set forth on Schedule 5.4 shall have been duly obtained and shall be in full force and effect on the Closing Date. In addition, any waiting period (and any extension thereof) under the HSR Act
applicable to the transactions contemplated by this Agreement and the Ancillary Agreements shall have expired or shall have been terminated. In addition, the Consenting Percentage shall be at least eighty-five percent (85%). 

12.4 No Violation of Orders. No preliminary or permanent injunction or other order issued by any Governmental Entity, nor any statute,
rule, regulation, decree or executive order promulgated or enacted by any Governmental Entity, which declares this Agreement invalid in any respect or prevents the consummation of the transactions contemplated hereby; and no action or proceeding
before any Governmental Entity shall have been instituted or threatened by any Governmental Entity that seeks to prevent or delay the consummation of the transactions contemplated by this Agreement or that challenges the validity or enforceability
of this Agreement. 
 12.5 Closing Certificate. The Buyer shall have delivered or caused to be delivered to the Seller Representative,
a certificate of Buyer executed by a duly authorized officer thereof, dated as of the Closing Date, stating that the conditions set forth in Section 12.1 and Section 12.2 have been satisfied. 

12.6 Buyer LLC Agreement. Prior to the Closing, the Buyer, the Guarantor and any other required members of the Buyer shall execute and
deliver to the Seller Representative the Buyer LLC Agreement. 
 12.7 No Buyer Group Material Adverse Effect. During the period from
the date hereof to the Closing Date, there shall not have been any Buyer Group Material Adverse Effect. 
 SECTION 13. 

CONDITIONS PRECEDENT TO PERFORMANCE BY THE BUYER. 

The obligations of the Buyer to consummate the transactions contemplated by this Agreement are subject to the fulfillment, at or before the
Closing Date, of the following conditions, any one or more of which may be waived in writing by the Buyer in its sole discretion: 

  
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 13.1 Representations and Warranties of the Company and the Sellers. The
representations and warranties (i) set forth in the Company Fundamental Representations and the Seller Fundamental Representations shall be true and correct in all respects, (ii) set forth in Section 5 (other than the
Company Fundamental Representations), without giving effect to any Company Group Material Adverse Effect or other materiality qualifications therein, shall be true and correct, and (iii) set forth in Section 6 (other
than the Seller Fundamental Representations), without giving effect to any material adverse effect or other materiality qualifications therein, shall be true and correct, in the case of clauses (i) through (iii), as of the Closing Date (except
to the extent such representation or warranty refers to a specific date, in which case such representation or warranty shall instead be true and correct as of such date) as if made by the Company or the applicable Seller, as applicable, on and as of
the Closing Date, except, in the case of clause (ii), to the extent that the failure of such representations and warranties to be so true and correct has not had and would not reasonably be expected to have, individually or in the aggregate, a
Company Group Material Adverse Effect, and in the case of clause (iii), to the extent that the failure of such representations and warranties of a Seller to be so true and correct has not had and would not reasonably be expected to have,
individually or in the aggregate, a material adverse effect on, or a material delay in, the ability of such Seller to consummate the transactions contemplated by this Agreement. 

13.2 Performance of the Obligations of the Sellers and the Company. Each of the Sellers and the Company shall have complied with and
performed in all material respects all obligations required under this Agreement to be performed or complied by it or them on or before the Closing Date. 

13.3 Consents and Approvals. All Consents of any Governmental Entities set forth on Schedule 5.4 shall have been duly obtained and shall
be in full force and effect on the Closing Date. In addition, any waiting period (and any extension thereof) under the HSR Act applicable to the transactions contemplated by this Agreement and the Ancillary Agreements shall have expired or shall
have been terminated. In addition, the Consenting Percentage shall be at least eighty-five percent (85)%. 
 13.4 No Violation of
Orders. No preliminary or permanent injunction or other order issued by any Governmental Entity, nor any statute, rule, regulation, decree or executive order promulgated or enacted by any Governmental Entity, which declares this Agreement
invalid in any respect or prevents the consummation of the transactions contemplated hereby; and no action or proceeding before any Governmental Entity shall have been instituted or threatened by any Governmental Entity that seeks to prevent or
delay the consummation of the transactions contemplated by this Agreement or that challenges the validity or enforceability of this Agreement. 

13.5 No Company Group Material Adverse Effect. During the period from the date hereof to the Closing Date, there shall not have been any
Company Group Material Adverse Effect. 
 13.6 Payoff of Indebtedness. At least two (2) days prior to the Closing Date, the
Seller Representative shall have obtained and delivered to the Buyer (a) payoff letters (“Payoff Letters”) relating to the repayment at the Closing of all Indebtedness of the Company Group (other than the Company Group GP
Entities) of the type described in clause (i) of the definition of Indebtedness and the release of all Liens in connection therewith on the Closing Date and (b) wire instructions 

  
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 related to the payment at Closing of all Transaction Expenses (the “Transaction Expenses Wire
Instructions”) and copies of final invoices from each such payee acknowledging the invoiced amounts as full and final payment for all services; provided, however, that in no event shall this Section 13.6 require
the Seller Representative, any Seller or any member of the Company Group to cause the termination of any Contract relating to Indebtedness other than as part of the Closing. 

13.7 FIRPTA Affidavit. Each Seller (and the Company) shall have delivered to Buyer a non-foreign
affidavit dated as of the Closing Date, sworn under penalty of perjury and in form and substance required under the Treasury Regulations issued pursuant to Section 1445 of the Code stating that such Seller (or, in the case of the Company, the
Company) is not a “Foreign Person” as defined in Section 1445 of the Code. 
 13.8 Closing Certificate. The Seller
Representative shall have delivered or caused to be delivered to the Buyer, a certificate duly executed by the Seller Representative, dated as of the Closing Date, stating that the conditions set forth in Section 13.1 and
Section 13.2 have been satisfied. 
 13.9 Company LLC Agreement. Prior to the Closing, the Company shall
enter into the Company LLC Agreement substantially in the form attached hereto as Exhibit D. 
 13.10 Buyer LLC Agreement. Each
Seller shall have executed the Buyer LLC Agreement. 
 13.11 Pre-Closing Restructuring. The
restructuring contemplated by Section 8.10 shall have been completed to the reasonable satisfaction of the Buyer. 

SECTION 14. 
 TERMINATION. 

14.1 Conditions of Termination. Notwithstanding anything to the contrary contained herein, this Agreement may be terminated at any time
before the Closing: 
 (a) by mutual written consent of the Seller Representative and the Buyer; 

(b) by the Buyer if any Seller or the Company has breached any representation, warranty, covenant or agreement contained in this Agreement,
which breach would give rise to the failure of any of the conditions set forth in Section 13 to be satisfied, and which breach cannot be cured by such Seller or the Company, as the case may be, or, if capable of being
cured, shall not have been cured prior to the earlier of (i) two (2) Business Days prior to the Outside Date and (ii) the date that is 30 calendar days after receipt by the Seller Representative of notice in writing from the Buyer
specifying the nature of such breach and requesting that it be cured (provided, that the Buyer shall not have the right to terminate this Agreement pursuant to this Section 14.1(b) if the Buyer is then in breach of
the terms of this Agreement which breach would give rise to the failure of any of the conditions set forth in Section 12); 
  

  
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 (c) by the Seller Representative if the Buyer has breached any representation, warranty,
covenant or agreement contained in this Agreement, which breach would give rise to the failure of any of the conditions set forth in Section 12 to be satisfied, and which breach cannot be cured by the Buyer, or, if capable
of being cured, shall not have been cured prior to the earlier of 
 (i) two (2) Business Days prior to the Outside Date and (ii) the date that is
30 calendar days after receipt by the Buyer of notice in writing from the Seller Representative specifying the nature of such breach and requesting that it be cured (provided, that the Seller Representative shall not have the right to
terminate this Agreement pursuant to this Section 14.1(c) if any Seller or the Company is then in breach of the terms of this Agreement which breach would give rise to the failure of any of the conditions set forth in
Section 13); 
 (d) by the Seller Representative or the Buyer if (i) there shall be a final, non-appealable order of a federal or state court in effect permanently preventing consummation of the transactions contemplated hereby; or (ii) there shall be any final,
non-appealable action taken, or any judgement, decree, statute, rule, regulation or order enacted, promulgated or issued and deemed applicable to the transactions contemplated hereby by any Governmental Entity
that would make consummation of the transactions contemplated hereby illegal; or 
 (e) by the Seller Representative or the Buyer if the
Closing shall not have been consummated by the date that is 90 calendar days after the date hereof (the “Outside Date”), provided that if the Closing has not occurred as of the Outside Date solely because any waiting period (and any
extension thereof) under the HSR Act applicable to the transactions contemplated by this Agreement and the Ancillary Agreements shall not have expired or shall not have been terminated as of such date, then the Outside Date shall be automatically
extended for an additional period of sixty (60) days, provided further that the right to terminate this Agreement under this Section 14.1(e) shall not be available to any party whose failure to fulfill any
material covenant under this Agreement has been the cause of, or resulted in, the failure of the Closing to occur on or before such date. 

14.2 Effect of Termination. In the event of the termination of this Agreement as provided in Section 14.1
hereof, this Agreement shall forthwith become void and of no further force or effect and there shall be no liability or obligation on the part of any party hereto, or their respective officers, directors, equity owners or Affiliates, except to the
extent that such termination results from the Willful Breach by a party hereto of this Agreement, and provided that the provisions of Section 14 and Section 15 hereof shall remain in full force and
effect and survive any termination of this Agreement; provided, further, that the Confidentiality Agreement, dated as of October 23, 2019, by and between the Company and RCP Advisors 3, LLC, an indirect subsidiary of the Buyer (the
“Confidentiality Agreement”), will survive the termination of this Agreement for a period of two (2) years following the date of such termination (and, notwithstanding anything contained in this Agreement or the Confidentiality
Agreement to the contrary, the Confidentiality Agreement term will be automatically amended to be extended for such additional two (2) year period). Nothing in this Section 14 will be deemed to impair the right of any
party to compel specific performance by another party of its obligations under this Agreement. For the avoidance of doubt, in the event of the termination of this Agreement, the Debt Financing Source Parties, in their capacity as such, will have no
liability to the Company Group, any of their Affiliates or any of their direct or indirect stockholders hereunder or under the Debt Financing Agreements or otherwise relating to or arising out of the transactions contemplated by such agreements
(including for any willful and material breach). 

  
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 SECTION 15. 

MISCELLANEOUS. 
 15.1
Successors and Assigns. Except as otherwise provided in this Agreement, no party hereto shall assign this Agreement or any rights or obligations hereunder without the prior written consent of the other parties hereto and any such attempted
assignment without such prior written consent shall be void and of no force and effect; provided, however, that the Buyer may assign its rights hereunder to an Affiliate of the Buyer or collaterally assigned to any Debt Financing Sources in
connection with the Debt Financing; provided, further, that no such assignment shall reduce or otherwise vitiate any of the obligations of the Buyer hereunder. This Agreement shall inure to the benefit of and shall be binding upon the successors and
permitted assigns of the parties hereto. 
 15.2 Governing Law, Jurisdiction; Forum. This Agreement shall be construed, performed and
enforced in accordance with, and governed by, the laws of, the State of New York, without giving effect to the principles of conflicts of laws thereof. The parties hereto irrevocably elect as the sole judicial forum for the adjudication of any
matters arising under or in connection with this Agreement or the transactions contemplated hereby, including any dispute arising out of or relating in any way to the Debt Financing Commitments, the Debt Financing, the Debt Commitment Letter, or the
Debt Financing Agreements executed in connection therewith or the performance thereof, and consent to the jurisdiction of, the courts of the County of New York, State of New York or the United States of America for the Southern District of New York.
Each party hereto hereby irrevocably waives, to the fullest extent it may effectively do so, the defense of an inconvenient forum to such jurisdiction. EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY
IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH, THE DEBT FINANCING COMMITMENTS, THE DEBT FINANCING, THE DEBT COMMITMENT LETTER, THE DEBT
FINANCING AGREEMENTS OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. The Company Group further agrees that it shall not, and shall cause their Affiliates and their direct and indirect stockholders not to, bring or support any action, cause of
action, claim, cross-claim or third-party claim of any kind or description, whether in law or in equity, whether in contract or in tort or otherwise, against any Debt Financing Source Party, in any way relating to this Agreement or the transactions
contemplated hereby, including any dispute arising out of or relating in any way to the Debt Financing Commitments, the Debt Financing, the Debt Commitment Letter or the Debt Financing Agreements executed in connection therewith or the performance
thereof. 
 15.3 Expenses. Except as expressly set forth herein, all fees, expenses and costs incurred in connection with this
Agreement and the transactions contemplated hereby shall be paid by the party hereto incurring such fees, expenses and costs. Notwithstanding the foregoing, (a) the Buyer shall be responsible for one-half
of the premium and other costs of the R&W Policy, plus all of the premium and other costs of the R&W Policy in excess of $300,000 to the extent that the aggregate premium and other costs of the R&W Policy exceed $300,000, and
(b) (i) one-half of the premium and other costs of the R&W Policy, up to $150,000, and (ii) the cost of the insurance policy contemplated by Section 9.3(c) shall be a
Transaction Expense. 

  
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 15.4 Severability. In the event that any part of this Agreement is declared by any
court or other judicial or administrative body to be null, void or unenforceable, said provision shall survive to the extent it is not so declared, and all of the other provisions of this Agreement shall remain in full force and effect. 

15.5 Notices. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to
have been duly given (i) on the date of service if served personally on the party to whom notice is to be given; (ii) on the day of transmission if sent via electronic mail transmission to the electronic mail address given below, and
telephonic or electronic mail confirmation of receipt is obtained promptly after completion of transmission; (iii) on the day after delivery to Federal Express or similar overnight courier or the Express Mail service maintained by the United
States Postal Service; or (iv) on the fifth day after mailing, if mailed to the party to whom notice is to be given, by first class mail, registered or certified, postage prepaid and properly addressed, to the party as follows: 

If to the Sellers, Seller Owners or the Seller Representative (or, if before the Closing, to the Company): 

Edwin Poston and Mel Williams 

c/o TrueBridge Capital Partners LLC 

1011 South Hamilton Road, Suite 400 

Chapel Hill, NC 27517 
 E-mail: edwinposton@gmail.com and mwilliams93@gmail.com 
 with a copy to: 

Choate Hall & Stewart LLP 

Two International Place 
 Boston,
MA 02110 
 Attention: Kevin M. Tormey 

E-mail: ktormey@choate.com 

If to the Buyer or the Guarantor (or, if after the Closing, to the Company): 

8214 Westchester Drive, Suite 950 

Dallas, Texas 75225 
 Attention:
C. Clark Webb and William F. Souder, Jr. 
 Email: ccw@210capital.com and fsouder@rcpadvisors.com 

with a copy to: 
 Gibson,
Dunn & Crutcher LLP 
 2001 Ross Avenue 

Dallas, Texas 75201 
 Attention:
David L. Sinak and Doug Rayburn 
 E-mail: dsinak@gibsondunn.com and drayburn@gibsondunn.com 

  
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 Any party may change its address for the purpose of this
Section 15.5 by giving the other party written notice of its new address in the manner set forth above. 
 15.6
Amendments; Waivers. This Agreement may be amended or modified, and any of the terms, covenants, representations, warranties or conditions hereof may be waived, only by a written instrument executed by the Buyer and the Seller Representative,
or in the case of a waiver, by the Buyer or the Seller Representative, as applicable, waiving compliance. Any waiver by the Buyer or the Seller Representative of any condition, or of the breach of any provision, term, covenant, representation or
warranty contained in this Agreement, in any one or more instances, shall not be deemed to be nor construed as a further or continuing waiver of any such condition, or of the breach of any other provision, term, covenant, representation or warranty
of this Agreement. Notwithstanding anything to the contrary contained herein, this Section 15.6 (Amendments; Waivers), the last sentence of Section 14.2 (Effect of Termination) and
Section 15.15 (Non-Recourse), Section 15.2 (Governing Law, Jurisdiction; Forum), Section 15.10 (Parties in Interest) and
Section 15.16 (Specific Enforcement) (and any provision of this Agreement to the extent a modification, waiver or termination of such provision would modify the substance of this Section 15.6, the
last sentence of Section 15.15 or Sections 14.2, 15.2, 15.10 or 15.16) may not be modified, waived or terminated in a manner that impacts or is adverse in any respect to the Debt Financing Source
without the prior written consent of the Debt Financing Source. 
 15.7 Public Announcements and Confidentiality. The Buyer Group, the
Company Group and the Sellers shall not (and shall ensure that their Affiliates, equity holders, directors, officers, employees, agents and other representatives do not) issue a press release or any other public written statement or disseminate any
public communication through any form of media (including radio, television or electronic media) about this Agreement or the transactions contemplated by this Agreement except, in the case of the Company Group (following the Closing) or the Buyer
Group, with the written consent of the Seller Representative, or in the case of the Company Group (prior to the Closing) or any Seller, with the written consent of the Buyer, except in each case as required by Applicable Law, in the reasonable
opinion of counsel, in which case the Buyer and the Seller Representative will have the right to reasonably review and comment on such press release, announcement or communication prior to its issuance, distribution or publication. The press release
to be filed with the Securities Exchange Commission is attached as Exhibit E. 
 15.8 Confidential Information. 

(a) Each Seller understands and agrees that any information regarding the business conducted by the Company Group, including, without
limitation, any and all trade secrets related thereto (“Confidential Information”), constitutes valuable assets and, following the Closing, agrees not to, and agrees to cause its Affiliates not to, directly or indirectly, disclose
any Confidential Information except solely to the extent necessary for any Seller to perform his, her or its obligations as an employee of the Company or the Buyer Group or in connection with the resolution of disputes and indemnification claims
under this Agreement; provided, however, that Confidential Information shall not include any information that (i) is or becomes generally available to the public other than as a result of a breach of this Agreement by a Seller or
(ii) first becomes available to any Seller after the Closing Date directly or indirectly from a source other than the Company or the Buyer, provided that such source is not known by such Seller to be bound by a confidentiality agreement with
the Buyer or its Affiliates or otherwise prohibited from transmitting the information to any Seller by a contractual, legal or fiduciary obligation. 

  
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 (b) Anything herein to the contrary notwithstanding, no Seller will be restricted from
disclosing Confidential Information that is required to be disclosed by Applicable Law; provided, however, that in the event disclosure is required by Applicable Law after the Closing, (i) the applicable Seller shall provide the Buyer
with as much advanced notice as is practicable of such requirement so that the Buyer may seek an appropriate protective order prior to any such required disclosure by such Seller, and (ii) the applicable Seller shall only disclose the portion
of the Confidential Information that is required to be disclosed by the Applicable Law, as determined by outside counsel. 
 15.9 Entire
Agreement. This Agreement contains the entire understanding among the parties hereto with respect to the transactions contemplated hereby and supersedes and replaces all prior and contemporaneous agreements and understandings, oral or written,
with regard to such transactions. All Exhibits and Schedules hereto and any documents and instruments delivered pursuant to any provision hereof are expressly made a part of this Agreement as fully as though completely set forth herein. 

15.10 Parties in Interest. Except as provided in Section 9.3(b)-(c), Section 9.6,
Section 11 and Section 15.15(a), which shall be enforceable by the parties entitled to the benefits thereunder, nothing in this Agreement is intended to confer any rights or remedies under or by reason of
this Agreement on any Persons other than parties hereto and their respective successors and permitted assigns. Nothing in this Agreement is intended to relieve or discharge the obligations or liability of any third persons to the parties hereto. No
provision of this Agreement shall give any third parties any right of subrogation or action over or against the parties hereto. Notwithstanding the foregoing, (a) the last sentence of Section 14.2 (Effect of
Termination) and Section 15.15 (Non-Recourse) shall be enforceable against the Company Group (but not the Buyer Group) by each Debt Financing Source Party and (b) the provisions
of this Section 15.10 and Sections 15.6 (Amendments; Waivers), 15.2 (Governing Law, Jurisdiction; Forum) and 15.16 (Specific Enforcement) shall be enforceable against all parties to this Agreement by
each Debt Financing Source Party. 
 15.11 Scheduled Disclosures. Disclosure of any matter, fact or circumstance in a Schedule to this
Agreement shall be deemed to be disclosure thereof for purposes of any other Schedule to this Agreement to the extent that such disclosure is readily apparent on its face to be so applicable to such other Schedule. Capitalized terms used in the
Schedules and not otherwise defined therein have the meanings given to them in this Agreement. The specification of any dollar amount or the inclusion of any item in the representations and warranties contained in this Agreement or the Schedules or
Exhibits is not intended to imply that the amounts, or higher or lower amounts, or the items so included, or other items, are or are not required to be disclosed (including whether such amounts or items are required to be disclosed as material or
threatened) or are within or outside of the ordinary course of business, and no party will use the fact of the setting of the amounts or the fact of the inclusion of any item in this Agreement or the Schedules or Exhibits in any dispute or
controversy between the parties as to whether any obligation, item or matter not described or included in this Agreement or in any Schedule or Exhibit is or is not required to be disclosed (including whether the amount or items are required to be
disclosed as 

  
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 material or threatened) or is within or outside of the ordinary course of business for purposes of this
Agreement. The information contained in this Agreement and in the Schedules and Exhibits hereto is disclosed solely for purposes of this Agreement, and no information contained herein or therein will be deemed to be an admission by any party hereto
to any third party of any matter whatsoever (including any violation of law or breach of contract). 
 15.12 Section and Paragraph
Headings. The Section and paragraph headings in this Agreement are for reference purposes only and shall not affect the meaning or interpretation of this Agreement. 

15.13 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which shall
constitute the same instrument. 
 15.14 Authorization of Seller Representative. 

(a) Poston and Williams, acting jointly, are hereby appointed, authorized and empowered to act as Seller Representative for the benefit of
Sellers, as the exclusive agent and attorney-in-fact on behalf of the Sellers, in connection with and to facilitate the consummation of the transactions contemplated
hereby, which shall include the power and authority: 
 (i) to execute and deliver waivers and consents in connection with this Agreement
and the consummation of the transactions contemplated hereby, and amendments hereto and thereto, as it may deem necessary or desirable, subject to any applicable reasonableness requirement set forth in this Agreement; 

(ii) to receive all agreements, certificates and other documents to be delivered by the Buyer at the Closing pursuant to this Agreement; 

(iii) to give and receive notices of service of process on behalf of each Seller under this Agreement; 

(iv) to direct the payment of all moneys and other proceeds and property payable to Seller Representative or the Sellers from the Buyer as
described herein; 
 (v) to enforce and protect the rights and interests of Sellers (including Seller Representative, in its capacity as a
Seller) and to enforce and protect the rights and interests of the Seller Representative arising out of or under or in any manner relating to this Agreement, and each other agreement, document, instrument or certificate referred to herein or therein
or the transactions provided for herein (including in connection with any and all claims for indemnification brought under Section 11), and to take any and all actions that Seller Representative believes are necessary or
appropriate under this Agreement for and on behalf of the Sellers, including asserting or pursuing any claim, action, suit or proceeding (a “Claim”) against the Buyer, defending any Third-Party Claims on behalf of the Seller,
consenting to, compromising or settling any such Claims, conducting negotiations with the Buyer and its representatives regarding such Claims, and, in connection therewith, to, among other things: (A) assert any claim or institute any claim,
action, suit, proceeding or investigation; (B) investigate, defend, contest or litigate any claim, action, suit, proceeding or investigation initiated by the Buyer or any other Person, or by any federal, state or local Governmental Entity
against Seller 

  
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Representative and/or any of the Sellers, and receive process on behalf of any or all of the Sellers in any such claim, action, suit, proceeding or investigation and settle on such terms as the
Seller Representative shall determine to be appropriate, and give receipts, releases and discharges with respect to, any such claim, action, suit, proceeding or investigation; (C) file any proofs of debt, claims and petitions as the Seller
Representative may deem advisable or necessary; and (D) file and prosecute appeals from any decision, judgment or award rendered in any such claim, action, suit, proceeding or investigation, it being understood that the Seller Representative
shall not have any obligation to take any such actions, and shall not have any liability for any failure to take any such actions; 
 (vi)
to refrain from enforcing any right of any Seller and/or the Seller Representative arising out of or under or in any manner relating to this Agreement or any other agreement, instrument or document in connection with the foregoing; provided,
however, that no such failure to act on the part of the Seller Representative, except as otherwise provided in this Agreement, shall be deemed a waiver of any such right or interest by the Seller Representative or by such Seller unless such waiver
is in writing signed by the waiving party or by the Seller Representative; and 
 (vii) to make, execute, acknowledge and deliver all such
other agreements, guarantees, orders, receipts, endorsements, notices, requests, instructions, certificates, stock powers, letters and other writings, and, in general, to do any and all things and to take any and all action that the Seller
Representative may consider necessary or proper or convenient in connection with or to carry out the transactions contemplated by this Agreement and all other agreements, documents or instruments referred to herein or therein or executed in
connection herewith and therewith. 
 (b) All of the indemnities, immunities and powers granted to the Seller Representative under this
Agreement shall survive the Closing Date and/or any termination of this Agreement. The Buyer shall have the right to rely upon all actions taken or omitted to be taken by the Seller Representative pursuant to this Agreement, all of which actions or
omissions shall be legally binding upon the Sellers. 
 (c) The grant of authority provided for herein (i) is coupled with an interest
and shall be irrevocable and survive the death, incompetency, bankruptcy or liquidation of any Seller, 
 (ii) shall survive the consummation of the
transactions contemplated by this Agreement, and (iii) shall be binding upon the successors, assigns, heirs, executors, administrators, legal representatives and beneficiaries, as applicable, of each of the Sellers. 

(d) The Sellers, severally in accordance with their Seller Percentage, shall indemnify and hold harmless the Seller Representative against any
Losses resulting from its role as the Seller Representative. 
 (e) Each Seller shall be obligated to reimburse the Seller Representative for
any out-of-pocket cost or expense incurred by the Seller Representative in connection with the exercise of its duties under this Section 15.14.

  
 - 101 - 

 (f) In the event the Seller Representative resigns as the Seller Representative or upon the
death or disability of the Seller Representative, the Sellers shall appoint by majority vote of the Sellers a substitute Seller Representative, who may be a Seller or any other Person. 

15.15 Non-Recourse. Subject in all cases to the provisions of
Section 11, this Agreement and the Ancillary Agreements may only be enforced against, and any claim or suit based upon, arising out of, or related to this Agreement or the Ancillary Agreements, or the negotiation, execution
or performance of this Agreement or the Ancillary Agreements, may only be brought against the named parties to this Agreement or such Ancillary Agreements and then only with respect to the specific obligations set forth herein and therein with
respect to the named parties to this Agreement or such Ancillary Agreements (in all cases, as limited by the provisions of SECTION 11). No Person who is not a named party to this Agreement or the Ancillary Agreements, including any past,
present or future director, officer, employee, incorporator, member, partner, stockholder, Affiliate, agent, attorney or representative of the Company, the Sellers, the Seller Owners or any of their respective Affiliates, will have or be subject to
any liability or indemnification obligation (whether in contract, tort or otherwise) to the Buyer or any other Person resulting from (nor will the Buyer have any claim with respect to) (i) the distribution to the Buyer, or the Buyer’s use
of, or reliance on, any information, documents, projections, forecasts or other material made available to the Buyer in certain “data rooms,” confidential information memoranda or management presentations in expectation of, or in
connection with, the transactions contemplated by this Agreement, or (ii) any claim based on, in respect of, or by reason of, the sale and purchase of the Company, including any alleged non-disclosure or
misrepresentations made by any such Persons, in each case, regardless of the legal theory under which such liability or obligation may be sought to be imposed, whether sounding in contract, tort or otherwise, or whether at law or in equity, or
otherwise; and each party hereto waives and releases all such liabilities and obligations against any such Persons. Notwithstanding anything to the contrary in this Agreement, no Debt Financing Source Party shall have any liability or obligation to
the Company Group, any of their Affiliates or any of their direct or indirect stockholders in any way relating to or arising out of this Agreement, the Debt Commitment Letter, the Debt Financing or any of the transactions contemplated hereunder or
thereunder, or in respect of any oral representation made or alleged to be have been made in connection herewith or therewith, whether in equity or at law, in contract, in tort or otherwise, and the Company Group shall not seek to, and shall cause
their Affiliates and their direct and indirect stockholders not to seek to, recover any money damages (including consequential, special, indirect or punitive damages, or damages on account of a willful and material breach) or obtain any equitable
relief from or with respect to any Debt Financing Source. 
 15.16 Specific Enforcement. The parties hereto agree that irreparable
damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached or threatened to be breached and that an award of money damages would be inadequate in
such event. Accordingly, it is acknowledged and agreed that the parties hereto shall be entitled to equitable relief, without proof of actual damages, including an injunction or injunctions or orders for specific performance to prevent breaches of
this Agreement and to enforce specifically the terms and provisions of this Agreement, in addition to any other remedy to which they are entitled at law or in equity as a remedy for any such breach or threatened breach. Each party hereto further
agrees that no other party hereto or any other Person shall be required to obtain, furnish or post any bond or similar instrument in connection 

  
 - 102 - 

 with or as a condition to obtaining any remedy referred to in this Section 15.16,
and each party hereto (a) irrevocably waives any right it may have to require the obtaining, furnishing or posting of any such bond or similar instrument and (b) agrees to cooperate fully in any attempt by the other party or parties in
obtaining such equitable relief. Notwithstanding the foregoing, none of the Company Group or any of their Affiliates or their direct and indirect stockholders shall have any rights or claims (whether in contract or in tort or otherwise) against any
Debt Financing Source Party, solely in their respective capacities as lenders, agents or arrangers in connection with the Debt Financing. 

15.17 Conflicts; Privileges. 

(a) It is acknowledged by each of the parties hereto that the Company and the Seller Representative have retained Choate, Hall &
Stewart LLP (“Choate”) to act as their counsel in connection with the transactions contemplated hereby and that Choate has not acted as counsel for any other Person in connection with the transactions contemplated hereby and that no
other party to this Agreement or Person has the status of a client of Choate for conflict of interest or any other purposes as a result thereof. 

(b) The Buyer and the Company hereby: (i) waive, on behalf of themselves and each of their Affiliates, any claim they have or may have
that Choate has a conflict of interest in connection with or is otherwise prohibited from engaging in such representation; and (ii) agree that, in the event that a dispute arises after the Closing between the Buyer or any of its Affiliates
(including the Company) and the Seller Representative, the Sellers, any Seller Owner or any of their respective Affiliates, Choate may represent any such party in such dispute even though the interest of any such party may be directly adverse to the
Buyer or any of its Affiliates (including the Company) and even though Choate may have represented the Company in a matter substantially related to such dispute, or may be handling ongoing matters for the Buyer or the Company. 

(c) The parties hereto, for themselves and their respective Affiliates (including, as applicable, the Company), further agree that, as to all
communications between or among Choate, the Sellers, the Seller Owners, the Seller Representative and/or the Company that relate in any way to the transactions contemplated by this Agreement, the attorney-client privilege, the expectation of client
confidence and all other rights to any evidentiary privilege belong to the Seller Representative and may be controlled by the Seller Representative and shall not pass to or be claimed by the Buyer or the Company. Accordingly, the Company shall not
have access to any such communications or to the files of Choate relating to such engagement from and after the Closing. 
 [Signature page
follows] 

  
 - 103 - 

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

			
	COMPANY:
	
	TRUEBRIDGE CAPITAL PARTNERS, LLC
		
	By:	 	 /s/ Edwin Poston

		 	Name: Edwin Poston
		 	Title: Manager
	
	TCF:
	
	TRUEBRIDGE COLONIAL FUND, U/A DATED 11/15/2015
		
	By:	 	 /s/ Edwin Poston

		 	Name: Edwin Poston
		 	Title: Trustee
	
	MAW:
	
	MAW MANAGEMENT CO.
		
	By:	 	 /s/ Mel A. Williams

		 	Name: Mel A. Williams
		 	Title: President
	
	SELLER REPRESENTATIVE:
	
	 /s/ Edwin Poston

	Edwin Poston
	
	 /s/ Mel A. Williams

	Mel A. Williams

 [Signature Pages to Sale and Purchase Agreement] 

 
			
	POSTON:
	
	Solely for purposes of Sections 8.7 and 11.9:
	
	 /s/ Edwin Poston

	Edwin Poston
	
	WILLIAMS:
	
	Solely for purposes of Sections 8.7 and 11.10:
	
	 /s/ Mel A. Williams

	Mel A. Williams
	
	BUYER:
	
	P10 INTERMEDIATE HOLDINGS LLC
		
	By:	 	 /s/ William F. Souder

		 	Name: William F. Souder
		 	Title: Chief Executive Officer
	
	GUARANTOR:
	
	P10 HOLDINGS, INC.
	(solely for purposes of Section 11.11)
		
	By:	 	 /s/ C. Clark Webb

		 	Name: C. Clark Webb
		 	Title: Co-Chief Executive Officer

 [Signature Pages to Sale and Purchase Agreement] 

 Exhibit A 

Side Letter Agreement 

 Exhibit B 

Form of Buyer LLC Agreement 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
		
	 ARTICLE 1 DEFINITIONS
	  	 	2	 
		
	 ARTICLE 2 FORMATION AND PURPOSE
	  	 	2	 
		
	 2.1  Formation
	  	 	2	 
	 2.2  Name
	  	 	2	 
	 2.3  Registered Office and Agent, Principal Place of Business
	  	 	2	 
	 2.4  Term
	  	 	2	 
	 2.5  Purpose
	  	 	2	 
	 2.6  Specific Powers
	  	 	2	 
	 2.7  Certificate; Authorized Persons
	  	 	4	 
	 2.8  No State Law Partnership
	  	 	4	 
		
	 ARTICLE 3 UNITS AND CAPITAL
	  	 	4	 
		
	 3.1  Capitalization
	  	 	4	 
	 3.2  Issuance of Units
	  	 	5	 
	 3.3  Additional Units
	  	 	5	 
	 3.4  Restriction on Disposition of Units; Pledge
	  	 	6	 
	 3.5  Capital Contributions
	  	 	7	 
	 3.6  Admission of Members; Additional Members
	  	 	7	 
	 3.7  Capital Accounts
	  	 	8	 
	 3.8  Certain Provisions Related to the Preferred Units
	  	 	8	 
	 3.9  P10 Parent Commitments
	  	 	17	 
		
	 ARTICLE 4 DISTRIBUTIONS AND ALLOCATIONS
	  	 	18	 
		
	 4.1  Distributions
	  	 	18	 
	 4.2  Tax Distributions for Unexpected Allocations
	  	 	19	 
	 4.3  Allocations
	  	 	20	 
	 4.4  Withholding
	  	 	20	 
		
	 ARTICLE 5 DESIGNATION, RIGHTS, AUTHORITIES, POWERS, RESPONSIBILITIES, AND DUTIES OF THE BOARD
OF MANAGERS 20
	  			
		
	 5.1  Board of Managers
	  	 	20	 
	 5.2  Authority of Board of Managers; Senior Manager
	  	 	20	 
	 5.3  Officers; Agents
	  	 	20	 
	 5.4  Board of Directors of Five Points
	  	 	21	 
	 5.5  Board Observer
	  	 	21	 
	 5.6  Management Fee
	  	 	22	 
		
	 ARTICLE 6 BOOKS, RECORDS, ACCOUNTING, AND REPORTS
	  	 	23	 
		
	 6.1  Books and Records
	  	 	23	 
	 6.2  Financial Statements
	  	 	24	 

  
 -ii- 

 TABLE OF CONTENTS (continued) 

 

					
	 	  	Page	 
		
	 ARTICLE 7 TAXES
	  	 	24	 
		
	 7.1  Partnership Classification
	  	 	24	 
	 7.2  Tax Returns
	  	 	25	 
	 7.3  Notice of Proceedings
	  	 	25	 
	 7.4  Certain Tax Covenants
	  	 	25	 
		
	 ARTICLE 8 RIGHTS AND POWERS OF THE MEMBERS
	  	 	26	 
		
	 8.1  No Management and Control
	  	 	26	 
	 8.2  Meeting of the Members
	  	 	26	 
	 8.3  Disassociation; No Dissolution Upon Bankruptcy of a Member
	  	 	26	 
	 8.4  Limitation of Liability
	  	 	26	 
	 8.5  Withdrawal; Resignation
	  	 	27	 
	 8.6  Death of a Member
	  	 	27	 
	 8.7  Spouse of a Member
	  	 	27	 
		
	 ARTICLE 9 DISSOLUTION
	  	 	27	 
		
	 9.1  Dissolution
	  	 	27	 
	 9.2  Liquidation and Termination
	  	 	27	 
	 9.3  Cancellation of Certificate
	  	 	28	 
	 9.4  Reasonable Time for Winding Up
	  	 	28	 
	 9.5  Return of Capital
	  	 	28	 
	 9.6  HSR Act
	  	 	29	 
		
	 ARTICLE 10 INDEMNIFICATION
	  	 	29	 
		
	 10.1 General
	  	 	29	 
	 10.2 Exculpation
	  	 	29	 
	 10.3 Persons Entitled to Indemnity
	  	 	29	 
	 10.4 Procedure Agreements
	  	 	29	 
	 10.5 Fiduciary and Other Duties
	  	 	29	 
		
	 ARTICLE 11 MISCELLANEOUS
	  	 	31	 
		
	 11.1 Additional Documents
	  	 	31	 
	 11.2 General
	  	 	31	 
	 11.3 Execution of Papers
	  	 	31	 
	 11.4 Gender and Number
	  	 	31	 
	 11.5 Severability
	  	 	32	 
	 11.6 Headings
	  	 	32	 
	 11.7 Benefits of Agreement; No Third-Party Rights
	  	 	32	 
	 11.8 Amendments
	  	 	32	 
	 11.9 Counterparts
	  	 	33	 
	 11.10 Addresses and Notices
	  	 	33	 
	 11.11 Complete Agreement
	  	 	33	 

  
 -iii- 

 TABLE OF CONTENTS (continued) 

 

			
	Exhibit 1	  	Defined Terms
		
	Exhibit 3.4	  	Form of Preferred Unit Pledge
		
	Exhibit 5.1	  	Board of Managers
		
	Exhibit 5.3	  	Officers
		
	Exhibit 5.5	  	Confidentiality Agreement
		
	Annex 1	  	Capital Accounts and Allocations Annex
		
	Schedule A	  	Schedule of Members

  
 -iv- 

 SECOND AMENDED AND RESTATED 

LIMITED LIABILITY COMPANY AGREEMENT OF 

P10 INTERMEDIATE HOLDINGS LLC 

THIS SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of P10 Intermediate Holdings LLC, a
Delaware limited liability company (the “Company”), effective as of [_________], 2020, (the “TrueBridge Closing Date”), is entered into by and among the Company, P10 Holdings, Inc., a Delaware corporation formerly
known as P10 Industries, Inc. (“P10 Parent”), Keystone Capital XXX, LLC, a Delaware limited liability company (“Keystone”), TrueBridge Colonial Fund, u/a dated 11/15/2015 (“EAP”), MAW Management Co.
(“MAW”), and each other Person who is or at any time becomes a Member in accordance with the terms of this Agreement and the Act. 

WHEREAS, this Agreement amends and restates the Company’s Amended and Restated Limited Liability Company Agreement (the “Prior
Agreement”) effective as of April 1, 2020 (the “Prior Effective Date”) by and among the Company, P10 Parent, Keystone, David G. Townsend, Trustee of the David G. Townsend Restated 2004 Revocable Trust Agreement dated
February 12, 2020 (which amends and restates the David G. Townsend Revocable Living Trust Agreement Dated 9-9-2004), Martin P. Gilmore, Trustee of the Martin Paul
Gilmore 2008 Revocable Trust dated March 17, 2008, Thomas H. Westbrook and Christopher N. Jones (collectively, the “FP Persons”), Project Star LLC, a Delaware limited liability company, Thomas P. Danis, Jr. as Trustee of
the Thomas P. Danis, Jr. Revocable Living Trust dated March 10, 2003, as amended, Jeff P. Gehl as Trustee of the Jeff P. Gehl Living Trust dated January 25, 2011, Charles K. Huebner as Trustee of the Charles K. Huebner Trust dated
January 16, 2001, Souder Family LLC, a Delaware limited liability company, Jon I. Madorsky as Trustee of the Jon I. Madorsky Revocable Trust dated December 1, 2008, David McCoy, Alexander Abell, Michael Feinglass, Andrew Nelson, Nell
Blatherwick and FPC/P10 Investment, LLC, a Delaware limited liability company (“FPLLC”), which amended and restated that certain Limited Liability Company Agreement of the Company dated October 9, 2019; 

WHEREAS, the Board of Managers (including the Keystone Manager) has the requisite power to create and issue at any time additional classes or
series of Units and to amend the Prior Agreement in connection therewith under clause (b) of Section 3.3(a) thereof and is creating and issuing a new class of “Series D Preferred Units” in connection with its acquisition of
Truebridge (defined below); 
 WHEREAS, the Company and its Board of Managers (including the Keystone Manager) and the P10 Member (as the
Member holding a majority of the Common Units) and Keystone have the requisite power to amend the Prior Agreement under Section 11.8 thereof, and desire to enter into this Agreement to amend and restate the terms of the Prior Agreement as set
forth in this Agreement, which shall be binding upon all Members; and WHEREAS, EAP and MAW are being issued the new “Series D Preferred Units” and being admitted to the Company as Members and are executing this Agreement to join, become a
party to and be bound by and subject to this Agreement as a Member. 
 NOW, THEREFORE, the parties hereto hereby agree as follows: 

 ARTICLE 1 

DEFINITIONS 
 For
purposes of this Agreement certain capitalized terms have specifically defined meanings which are set forth in Exhibit 1 or in Annex 1, each of which is attached hereto and incorporated as part of this Agreement. 

ARTICLE 2 
 FORMATION
AND PURPOSE 
 2.1 Formation. The Company was formed on October 9, 2019 as a Delaware limited liability company pursuant
to the provisions of the Act. The Members agree to continue the Company as a limited liability company under the Act, upon the terms and subject to the conditions set forth in this Agreement. The rights and liabilities of the Members shall be
determined pursuant to the Act and this Agreement. To the extent that the rights or obligations of the Members are different by reason of any provision of this Agreement than they would be in the absence of such provision, this Agreement shall, to
the extent permitted by the Act, control. 
 2.2 Name. The name of the Company is P10 Intermediate Holdings LLC. The business of the
Company may be conducted under that name or, upon compliance with applicable laws, any other name that the Board of Managers deems appropriate or advisable. The Board of Managers shall file, or shall cause to be filed, any fictitious name
certificates and similar filings, and any amendments thereto, that the Board of Managers considers appropriate or advisable. 
 2.3
Registered Office and Agent, Principal Place of Business. The registered office required to be maintained by the Company in the State of Delaware pursuant to the Act shall be Corporation Service Company, 251 Little Falls Drive, Wilmington,
New Castle County, Delaware 19808. The name of the registered agent of the Company pursuant to the Act shall be Corporation Service Company. The Company shall qualify to do business in such states wherein such qualification shall be required. The
Company may, upon compliance with the applicable provisions of the Act, change its registered office or registered agent from time to time in the discretion of the Board of Managers. The principal place of business of the Company shall be wherever
the Board of Managers decides to hold its meetings or such other location as may be designated by the Board of Managers from time to time. 

2.4 Term. The term of the Company commenced as of the date of formation and shall have a perpetual existence unless sooner terminated as
hereinafter provided. 
 2.5 Purpose. The Company is formed for the object and purpose of, and the nature of the business to be
conducted and promoted by the Company is, engaging in any lawful act or activity for which limited liability companies may be formed under the Act. 

2.6 Specific Powers. Subject to the limitations set forth in this Agreement, the Company shall have the power and authority to take any
and all actions necessary, appropriate, proper, advisable, incidental or convenient to or for the furtherance of the purpose set forth in Section 2.5, including to the extent in furtherance of the purpose set forth in
Section 2.5: 

  
 2 

 2.6.1 to conduct its business, carry on its operations and have and exercise the powers
granted to a limited liability company by the Act in any state, territory, district or possession of the United States, or in any foreign country that may be necessary, convenient or incidental to the accomplishment of the purpose of the Company;

 2.6.2 to acquire by purchase, lease, contribution of property or otherwise, own, hold, operate, maintain, finance, improve, lease, sell,
convey, mortgage, transfer, demolish or dispose of any real or personal property that may be necessary, convenient or incidental to the accomplishment of the purpose of the Company; 

2.6.3 to enter into, perform and carry out contracts of any kind, and contracts with any Member, any Affiliate thereof, or any agent of the
Company necessary to, in connection with, convenient to, or incidental to the accomplishment of the purpose of the Company; 
 2.6.4 to
purchase, take, receive, subscribe for or otherwise acquire, own, hold, vote, use, employ, sell, mortgage, lend, pledge, or otherwise dispose of, and otherwise use and deal in and with, shares or other interests in or obligations of domestic or
foreign corporations, associations, general or limited partnerships, trusts, limited liability companies, or individuals or direct or indirect obligations of the United States or of any government, state, territory, governmental district or
municipality or of any instrumentality of any of them; 
 2.6.5 to lend money, to invest and reinvest its funds, and to take and hold real
and personal property for the payment of funds so loaned or invested; 
 2.6.6 to sue and be sued, prosecute and defend, and participate in
administrative or other proceedings, in its name; 
 2.6.7 to appoint employees and agents of the Company (who may be designated as officers
with titles), and define their duties and fix their compensation; 
 2.6.8 to indemnify any Person in accordance with the Act and this
Agreement; 
 2.6.9 to cease its activities and cancel its Certificate; 

2.6.10 to negotiate, enter into, renegotiate, extend, renew, terminate, modify, amend, waive, execute, acknowledge or take any other action
with respect to any lease, contract or security agreement in respect of any assets of the Company; 
 2.6.11 to borrow money and issue
evidences of indebtedness, and to secure the same by a mortgage, pledge or other lien on the assets of the Company; 
 2.6.12 to pay,
collect, compromise, litigate, arbitrate or otherwise adjust or settle any and all other claims or demands of or against the Company or to hold such proceeds against the payment of contingent liabilities; and 

2.6.13 to make, execute, acknowledge and file any and all documents or instruments necessary, convenient or incidental to the accomplishment of
the purpose of the Company. 

  
 3 

 2.7 Certificate; Authorized Persons. The Board of Managers may, from time to time,
designate one or more Persons as authorized persons, within the meaning of the Act, to execute, deliver and file any amendments or restatements of the Certificate and any other certificates and any amendments or restatements thereof necessary for
the Company to qualify to do business in a jurisdiction in which the Company may wish to conduct business. 
 2.8 No State Law
Partnership. The Members intend that the Company shall not be a partnership (including a limited partnership) or joint venture, and that no Member or Officer shall be a partner or joint venturer of any other Member or Officer by virtue of this
Agreement, for any purposes other than as is set forth in the last sentence of this Section 2.8, and this Agreement shall not be construed to the contrary. The Members intend that the Company shall be treated as a
partnership for federal and, if applicable, state or local income tax purposes, and each Member and the Company shall file all tax returns and shall otherwise take all tax and financial reporting positions in a manner consistent with such treatment.

 ARTICLE 3 
 UNITS
AND CAPITAL 
 3.1 Capitalization. 

3.1.1 Units; Classes of Units. The ownership interests of the members in the Company shall be represented by Units, which shall have
only such rights, preferences, privileges, restrictions and duties as expressly set forth herein. As of the TrueBridge Closing Date, the Company initially shall have six classes of Units, which shall be as follows: “Common Units,”
“Series A Preferred Units,” “Series B Preferred Units,” “Series C-1 Preferred Units” and “Series C-2 Preferred Units” (and the
Series C-1 Preferred Units and Series C-2 Preferred Units shall together constitute the “Series C Preferred Units”), and “Series D Preferred Units”.

 (a) Each “Common Unit” shall be designated as a Common Unit of the Company and shall have the rights,
preferences, privileges, restrictions and duties assigned herein to Common Units. 
 (b) Each “Series A Preferred
Unit” shall be designated as a Series A Preferred Unit of the Company and shall have the rights, preferences, privileges, restrictions and duties assigned herein to Series A Preferred Units. 

(c) Each “Series B Preferred Unit” shall be designated as a Series B Preferred Unit of the Company and shall
have the rights, preferences, privileges, restrictions and duties assigned herein to Series B Preferred Units. 
 (d) Each
“Series C Preferred Unit” shall be designated as either a Series C-1 Preferred Unit or a Series C-2 Preferred Unit of the Company and shall have the
rights, preferences, privileges, restrictions and duties assigned herein to Series C Preferred Units and, as applicable, to Series C-1 Preferred Units or Series C-2
Preferred Units. 
 (e) Each “Series D Preferred Unit” shall be designated as a Series D Preferred Unit of
the Company and shall have the rights, preferences, privileges, restrictions and duties assigned herein to Series D Preferred Units. 

  
 4 

 3.2 Issuance of Units. 

(a) On the Prior Effective Date, the Persons set forth on Schedule A made their respective Capital Contributions
required by Section 3.5(a) and (i) all of the limited liability company interests in the Company held by any Member prior to the Prior Effective Date were cancelled, (ii) the Company issued to the P10 Member the
number of Common Units set forth opposite P10 Member’s name on Schedule A and assumed the Assumed Liabilities, (c) the Company issued to each of the Five Points Members the number of Series A Preferred Units set forth opposite such
Person’s name on Schedule A (it being acknowledged that the 1,670,000 Series A Preferred Units set forth opposite Project Star LLC on Schedule A were acquired by the FP Persons and contributed to Project Star LLC on the Prior Effective
Date), (d) the Company issued to Keystone the number of Series B Preferred Units set forth opposite Keystone’s name on Schedule A, (e) the Company issued to each of the RCP Members the number of Series
C-1 Preferred Units set forth opposite such Person’s name on Schedule A, (f) the Company issued to FPLLC the number of Series C-2 Preferred Units set forth
opposite FPLLC’s name on Schedule A and (g) each of the Persons set forth on Schedule A (other than the TrueBridge Members) were admitted as a Member of the Company. 

(b) On the TrueBridge Closing Date, (i) the Company issued to each of the TrueBridge Members the number of Series D
Preferred Units set forth opposite such Person’s name on Schedule A and (ii) each of the TrueBridge Members was admitted as a Member of the Company. 

3.3 Additional Units. 

(a) Subject to Section 3.3(c), Section 3.8.1 and Sections 5.1.11 and
5.1.12 of Exhibit 5.1, the Board of Managers shall have (a) the right to cause the Company to issue and/or create and issue at any time after the date hereof, and for such amount and form of consideration as the Board of Managers may
determine, additional Units or other equity interests in the Company (including creating classes or series thereof having such powers, designations, preferences and rights as may be determined by the Board of Managers) and (b) the power to make
such amendments to this Agreement in order to provide for such powers, designations, preferences and rights as the Board of Managers in its discretion deems necessary or appropriate to give effect to such additional authorization or issuance in
accordance with the provisions of this Section 3.3. 
 (b) Pursuant to the terms set forth in this
Section 3.3(b), Keystone has the option (the “Call Option”), which it may exercise in whole or in part and on any one or more occasions, to purchase up to an additional 5,000,000 Series B Preferred Units at
the Option Issue Price; provided, that the Call Option may only be exercised in an amount not to exceed, and the proceeds of exercise of the Call Option shall only be used to fund, the cash purchase price of an Acquisition and any fees and expenses
of the Company and its Subsidiaries related thereto. The Call Option may only be exercised with respect to a definitive agreement related to an Acquisition that is executed prior to April 1, 2022 (a “Definitive Agreement”). The
Company shall provide Keystone with notice (a “Company Notice”) at the address of Keystone as set forth in Schedule A of the potential entry into a 

  
 5 

 
Definitive Agreement at least 45 days prior to the anticipated date of execution thereof and the material terms of the related Acquisition. Keystone shall have 15 days after the receipt of such
Company Notice to exercise the Call Option by delivering a written notice of exercise delivered at the principal executive offices of the Company specifying the number of Series B Preferred Units to be purchased. Upon delivery of such notice of
exercise, both Keystone and the Company shall be obligated to enter into a Call Option Purchase Agreement related to such option exercise concurrently with the execution of the related Definitive Agreement. If, after delivery of a Company Notice,
the Company determines that it will not enter into a Definitive Agreement with respect to the related Acquisition, then any notice of exercise provided by Keystone related thereto shall be deemed to be cancelled without any further action or
obligation on the part of either the Company or Keystone, and the Company shall provide Keystone notice of the cancellation thereof at the address of Keystone as set forth in Schedule A. In addition, in the event that a Definitive Agreement
is not entered into by the Company within 120 days after delivery of a Company Notice, then any related notice of exercise shall be deemed to be cancelled without any further action or obligation on the part of either the Company or Keystone. In no
event shall the Company be obligated to issue more than 5,000,000 Series B Preferred Units (the “Call Option Cap”) pursuant to this Section 3.3(b). For the avoidance of doubt, to the extent Keystone
acquires New Securities at the Option Issue Price or less than $3.00 per Common Unit (or, for any series or class of preferred Units convertible into Common Units, $3.00 per such preferred Units that are convertible into one Common Unit) pursuant to
Section 3.3(c), such New Securities will not count towards the Call Option Cap. 
 (c) If the
Company proposes to issue any New Securities (the “Offered Securities”) to any Person at any time from and after the TrueBridge Closing Date, the Company shall offer to sell to each Investor a number of such New Securities
equal to the product of (i) such Investor’s Pro Rata Share and (ii) the number of Offered Securities. The Company shall give each Investor at least fifteen (15) days prior written notice that the Company proposes to issue the
Offered Securities, which notice shall specify in reasonable detail the proposed terms and conditions of such issuance (the “Issuance Notice”). Each Investor will be entitled to purchase any amount up to its Pro Rata Share of
the Offered Securities by delivery of irrevocable written notice (the “Purchase Notice”) to the Company of such election within ten (10) days after delivery of the Issuance Notice (the “Preemptive Period”). The
issuance of the Offered Securities with respect to which the Investors delivered Purchase Notices shall be made on a Business Day designated by the Company after expiration of the Preemptive Period on those terms and conditions of the Offer not
inconsistent with this Section 3.3(c). If the Investors did not purchase all of the Offered Securities, then the Company may issue the remaining Offered Securities or any portion thereof to any Person during the 180-day period after expiration of the Preemptive Period at a price and upon terms and conditions no more favorable to the purchasers thereof than those specified in the Issuance Notice. 

3.4 Restriction on Disposition of Units; Pledge. Subject to any transfer restrictions contained in the Credit Documents, other than in a
Permitted Transfer, no Member may directly or indirectly Transfer any of its Units without the consent of the Board of Managers, which consent may be granted or withheld in the discretion of the Board of Managers; provided, however, that no consent
of the Board of Managers or any Member shall be required in connection with any 

  
 6 

 action taken to enforce any pledge of such Member’s Units pursuant to the Credit Documents (including
via sale of such Units); provided, further, that the foregoing transfer restrictions will not be applicable to the Keystone Member, the Five Points Members or the TrueBridge Members (or any subsequent transferee of any of them) after April 1,
2022, except with respect to any transfer that would result in the occurrence of an event of default or mandatory prepayment or acceleration of the indebtedness arising under the Credit Documents. In addition, without the written consent of the
holders of a majority of the then outstanding Series A and B Preferred Units (voting as a single class) and a majority of the then outstanding Series D Preferred Units, the P10 Member may not directly or indirectly transfer, pledge or otherwise
encumber its Units as security for any debt or guarantee of the P10 Member or any of its Subsidiaries or Affiliates (including pursuant to any transaction that would otherwise be considered a Permitted Transfer) other than debt (or the guarantee of
such debt) of the Company or any of its Subsidiaries. 
 3.5 Capital Contributions. 

(a) On the Prior Effective Date, the Persons set forth on Schedule A made the following Capital Contributions:
(i) the P10 Member contributed to the Company all of the outstanding equity interests in P10 RCP Holdco, LLC, a Delaware limited liability company, and in connection therewith, the Company assumed the Assumed Liabilities; and (ii) each of the
Persons set forth on Schedule A as of the Prior Effective Date other than the P10 Member and the TrueBridge Members contributed to the Company the property specified on Schedule A for such Person as its Capital Contribution. 

(b) On the TrueBridge Closing Date, the TrueBridge Members contributed to the Company the property specified on Schedule A for
such Person as its Capital Contribution. 
 (c) Except as provided in this Section 3.5, no Member
shall be required to make additional Capital Contributions. 
 3.6 Admission of Members; Additional Members. 

3.6.1 Schedule of Members. The Company shall maintain and keep at its principal executive office a schedule of Members (attached hereto
as Schedule A) on which it shall set forth the names and address of each Member, the aggregate number of Units of each class and the aggregate amount of cash Capital Contributions that have been made by such Member at any time, as applicable,
and the Fair Market Value of any property other than cash contributed by such Member with respect to the Units (including, if applicable, a description and the amount of any liability assumed by the Company or to which contributed property is
subject). Upon any change in the number or ownership of outstanding Units (whether upon an issuance of Units, a Transfer of Units, a cancellation of Units or otherwise), the Company shall amend and update Schedule A. 

3.6.2 Addition or Withdrawal of Members. 

(a) The Board of Managers shall cause Schedule A to be amended from time to time to reflect the admission of any
additional Member, the withdrawal or termination of any Member, receipt by the Company of notice of any change of address of a Member or the occurrence of any other event requiring amendment of Schedule A. 

  
 7 

 (b) In order for any Person not already a Member of the Company to be
admitted as a Member, whether pursuant to an issuance or a transfer of Units, such Person shall have executed and delivered to the Company a written joinder agreement in form and substance satisfactory to the Board of Managers. The transferee in a
Permitted Transfer or in a Transfer permitted by the “provided, further” clause at the end of the first sentence of Section 3.4 shall be admitted as a Member without the need for any action by the Board of
Managers or any Member as long as such transferee executes and delivers such a joinder agreement. 
 3.7 Capital Accounts. The Company
shall maintain a Capital Account for each member as provided in Annex 1. 
 3.8 Certain Provisions Related to the Preferred
Units. 
 3.8.1 Voting Rights. 

(a) General. Except as otherwise provided in this Agreement, including this
Section 3.8.1, the Preferred Units shall have voting rights that are identical to the voting rights of the Common Units and shall vote with the Common Units as a single class, so that each Preferred Unit will be entitled to
one vote for each Common Unit into which such Preferred Unit is then convertible on each matter with respect to which each Common Unit is entitled to vote. Except as otherwise provided in this Section 3.8.1, (i) so long as
any Series A Preferred Units remain outstanding, the affirmative vote or consent of the holders of at least a majority of the Series A Preferred Units outstanding at the time shall be necessary on any matter that adversely affects any of the rights,
preferences and privileges of the Series A Preferred Units or that amends or modifies any of the terms of the Series A Preferred Units in a manner that is adverse to the Series A Preferred Unitholders, (ii) so long as any Series B Preferred
Units remain outstanding, the affirmative vote or consent of the holders of at least a majority of the Series B Preferred Units outstanding at the time shall be necessary on any matter that adversely affects any of the rights, preferences and
privileges of the Series B Preferred Units or that amends or modifies any of the terms of the Series B Preferred Units in a manner that is adverse to the Series B Preferred Unitholders, (iii) so long as any Series C Preferred Units remain
outstanding, the affirmative vote or consent of the holders of at least a majority of the Series C Preferred Units outstanding at the time shall be necessary on any matter that adversely affects any of the rights, preferences and privileges of the
Series C Preferred Units or that amends or modifies any of the terms of the Series C Preferred Units in a manner that is adverse to the Series C Preferred Unitholders, provided, that for any such matter that adversely affects the Series C-2 Preferred Units disproportionately to the adverse effect to the Series C-1 Preferred Units, the affirmative vote or consent of the holders of at least a majority of the
Series C-2 Preferred Units outstanding at the time also shall be necessary, and (iv) so long as any Series D Preferred Units remain outstanding, the affirmative vote or consent of the holders of at least
a majority of the Series D Preferred Units outstanding at the time shall be necessary on any matter that adversely affects any of the rights, preferences and privileges of the Series D Preferred Units or that amends or modifies any of the terms of
the Series D Preferred Units in a manner that is adverse to the Series D Preferred Unitholders. Subject to Section 3.8.1(b)(iii), Section 3.8.1(c)(iii), Section 3.9 and

  
 8 

 
Sections 5.1.11 and 5.1.12 of Exhibit 5.1, no vote or consent of any holder of any class or series of Preferred Units shall be required for the creation and issuance at any time of one or
more new series of preferred Units regardless of whether any such new series has a distribution preference pursuant to Section 4.1 or a distribution preference pursuant to Article 9 or other rights or privileges that
are different in amount than, and/or are senior in priority to or otherwise superior to, any class or series of Preferred Units, as long as (i) in the case of Series A Preferred Units, Series B Preferred Units and Series C Preferred Units, such
creation and issuance does not adversely affect any particular series of such Preferred Units disproportionately as compared to the other series of Preferred Units with respect to such particular series of Preferred Unit’s economic terms or
other rights, preferences and privileges that it has or holds that are proportionate among the Series A Preferred Units, Series B Preferred Units and Series C Preferred Units and (ii) in the case of Series D Preferred Units, such creation and
issuance does not adversely affect such Series D Preferred Units disproportionately as compared to the other series of Preferred Units with respect to such Series D Preferred Unit’s economic terms or other rights, preferences and privileges
that it has or holds that are proportionate among the Series A Preferred Units, Series B Preferred Units, Series C Preferred Units and Series D Preferred Units. 

(b) Series A Preferred Units. 

(i) For so long as the Five Points Members hold or own at least 25% of the Series A Preferred Units (including, for this
purpose, Common Units into which the Series A Preferred Units have been converted) held or owned by them on the Prior Effective Date, then the Company and its Subsidiaries shall not engage in or modify any purchase or sale of assets with the
Keystone Member or its Affiliates (other than the issuance of New Securities or the issuance of Units pursuant to the Call Option in each case in compliance with this Agreement) without the prior written consent of the holders of a majority of the
Series A Preferred Units (or Common Units into which the Series A Preferred Units have been converted) then still held by such Five Points Members. 

(ii) For so long as the Five Points Members hold or own at least 50% of the Series A Preferred Units (including, for this
purpose, Common Units into which the Series A Preferred Units have been converted) held or owned by them on the Prior Effective Date, then without the consent of a majority in interest of the Five Points Members then holding Series A Preferred Units
(or Common Units into which the Series A Preferred Units have been converted) the P10 Member agrees not to consummate a Public Offering with respect to which it elects to cause an Exchange pursuant to Section 3.8.2(b) unless the
Public Offering includes a secondary offering with respect to shares otherwise to be held by the Five Points Members of at least the amount described in the definition of “Qualified Public Offering;” provided, for the avoidance of doubt,
that if there is an Exchange in connection with such Public Offering all of the Five Points Members’ Units that are not exchanged and sold in such secondary offering shall be exchanged into shares of New P10 Parent Common Stock pursuant to
Section 3.8.2(b). 

  
 9 

 (iii) Without the consent of a majority in interest of the Five Points
Members then holding Series A Preferred Units (or Common Units into which the Series A Preferred Units have been converted), the Company shall not issue any additional Series A Preferred Units and the Company shall not permit any Units to be
exchanged for stock of P10 Parent or New P10 Parent other than pursuant to Section 3.8.2(b) unless holders of Series A Preferred Units (and Common Units into which they have been converted) shall be given the opportunity to
be so exchanged on no less favorable terms. 
 (c) Series D Preferred Units. 

(i) For so long as the TrueBridge Members hold or own at least 25% of the Series D Preferred Units (including, for this
purpose, Common Units into which the Series D Preferred Units have been converted) held or owned by them on the TrueBridge Closing Date, then P10 Parent, the Company and their respective Subsidiaries shall not engage in or modify any transaction or
agreement (including any purchase or sale of assets) with the Keystone Member or any of its Affiliates (other than the issuance of New Securities or the issuance of Units pursuant to the Call Option in each case in compliance with this Agreement)
without the prior written consent of the holders of a majority of the Series D Preferred Units (or Common Units into which the Series D Preferred Units have been converted) then still held by such TrueBridge Members. 

(ii) For so long as the TrueBridge Members hold or own at least 50% of the Series D Preferred Units (including, for this
purpose, Common Units into which the Series D Preferred Units have been converted) held or owned by them on the TrueBridge Closing Date, then without the consent of a majority in interest of the TrueBridge Members then holding Series D Preferred
Units (or Common Units into which the Series D Preferred Units have been converted) the P10 Member agrees not to consummate a Public Offering with respect to which it elects to cause an Exchange pursuant to Section 3.8.2(b)
unless the Public Offering includes a secondary offering with respect to shares otherwise to be held by the TrueBridge Members of at least the amount described in the definition of “Qualified Public Offering;” provided, for the avoidance
of doubt, that if there is an Exchange in connection with such Public Offering all of the TrueBridge Members’ Units that are not exchanged and sold in such secondary offering shall be exchanged into shares of New P10 Parent Common Stock
pursuant to Section 3.8.2(b). 
 (iii) Without the consent of a majority in interest of the TrueBridge
Members then holding Series D Preferred Units (or Common Units into which the Series D Preferred Units have been converted), the Company shall not issue any additional Series D Preferred Units and the Company shall not permit any Units to be
exchanged for stock of P10 Parent or New P10 Parent other than pursuant to Section 3.8.2(b) unless holders of Series D Preferred Units (and Common Units into which they have been converted) shall be given the opportunity to be so
exchanged on no less favorable terms. 

  
 10 

 3.8.2 Conversion or Exchange. 

(a) Conversion at the Option of the Preferred Unitholder. The Preferred Units held by each Preferred Unitholder
shall be convertible, in whole but not in part, at any time and from time to time upon the request of the holder thereof, into a number of Common Units (a “Conversion”) that is equal to the number of Preferred Units to be converted,
subject to adjustment as set forth in Section 3.8.2(e)(i). Immediately upon any conversion of Preferred Units, all rights of the converting Preferred Unitholder in respect thereof shall cease, including, without limitation,
any further accrual of or entitlement to distributions with respect to Preferred Units, and such converting Preferred Unitholder thereafter shall be treated for all purposes as the owner of Common Units. Fractional Common Units shall not be issued
to any person pursuant to this Section 3.8.2(a) (each fractional Common Unit shall be rounded to the nearest whole Common Unit (and 0.5 Common Unit shall be rounded to the next higher Common Unit)). 

(b) Exchange by the Company. Immediately prior to the first to occur of the closing of an Uplist Event or a
Public Offering, the Company shall have the right to cause the exchange, whether by merger, redemption or otherwise (an “Exchange”) of all (but not less than all) of the Series A Preferred Units, Series B Preferred Units, Series C-2 Preferred Units and Series D Preferred Units (or the Common Units into which such Series A Preferred Units, Series B Preferred Units, Series C-2 Preferred Units or Series
D Preferred Units have been converted in a Conversion) for a number of shares of New P10 Parent Common Stock equal to (i) the number of such Units being Exchanged multiplied by (ii) the number of shares of New P10 Parent Common Stock
received or to be received by each P10 Parent Share Equivalent in such Uplist Event or Public Offering, subject to adjustment as set forth in Section 3.8.2(e)(ii); provided, that the Company shall not have the right to
cause the Exchange unless New P10 Parent or P10 Parent has obtained a customary tax opinion from Gibson, Dunn & Crutcher LLP or another nationally recognized law firm that such Exchange will qualify as a
tax-deferred contribution or exchange under the Code under Section 351 or Section 354 of the Code, or successor provisions, as applicable. Immediately upon an Exchange, all rights of the Series A
Preferred Unitholders, Series B Preferred Unitholders, Series C-2 Preferred Unitholders and Series D Preferred Unitholders (or, in each case, the applicable Common Unitholder if there has been a Conversion) in
respect thereof shall cease, including, without limitation, any further accrual of or entitlement to Company distributions, and such Series A Preferred Unitholders, Series B Preferred Unitholders, Series C-2
Preferred Unitholders and Series D Preferred Unitholders (or the applicable Common Unitholder if there has been a Conversion) thereafter shall be treated for all purposes as the owner of New P10 Parent Common Stock. Fractional shares shall not be
issued to any person pursuant to this Section 3.8.2(b) (each such fractional share of New P10 Parent Common Stock shall be rounded to the nearest whole share (and 0.5 share shall be rounded to the next higher share)). 

(c) Change of Control. Concurrently with the occurrence of a Change of Control, but subject to the prior
repayment of any indebtedness under the Credit Documents to the extent required by such Credit Documents as a result of such Change of Control, all Preferred Units (or the Common Units into which they have been converted in a Conversion) then
outstanding shall immediately be redeemed (“Change of Control Redemption”) by the Company for an amount (the “CofC Redemption Amount”) equal to (i) in the case of a Change of Control of New P10 Parent,
the amount and form of consideration that would be received by a Unitholder in such Change of Control if all Preferred Units (or the Common Units into which they have been converted in a Conversion) held by such Unitholder were exchanged for shares
of New P10 Common 

  
 11 

 
Stock pursuant to Section 3.8.2(b) immediately prior to such Change of Control and all such shares were disposed of in the Change of Control (and assuming for this
clause (i) that the Series C-1 Preferred Units were exchanged on the same terms as the Series A, B, C-2 and D Preferred Units), (ii) in the case of a Change of
Control of P10 Parent, the amount and form of consideration that would be received by such Unitholder in such Change of Control if each Preferred Unit (or Common Unit into which it has been converted in a Conversion) held by such Unitholder were
exchanged for one share of P10 Parent Common Stock, subject to adjustment as set forth in Section 3.8.2(e)(iii) and all such shares were disposed of in the Change of Control and (iii) in the case of a Change of Control
of the Company, the amount and form of consideration that would be received by such Unitholder in such Change of Control if the Preferred Units held by such Unitholder were converted into Common Units pursuant to
Section 3.8.2(a) and all such Units were disposed of in the Change of Control. Notwithstanding the foregoing, if the CofC Redemption Amount otherwise payable to the holders of Series A Preferred Units, Series B Preferred
Units, Series C Preferred Units or Series D Preferred Units is less than the applicable Liquidation Preference for such series of Preferred Units, then the CofC Redemption Amount paid to the holders of such series of Preferred Units shall be
increased to equal the Liquidation Preference for such series. Immediately upon a Change of Control, all rights of the Preferred Unitholders (or the applicable Common Unitholder if there has been a Conversion) in respect thereof shall cease,
including, without limitation, any further accrual of or entitlement to Company distributions. The CofC Redeemption Amount shall be paid in the same form of consideration and in the same proportions among all Unitholders and, if applicable, all
holders of New P10 Parent Common Stock or P10 Parent Common Stock, except that it shall include for the holders of any particular series of Preferred Units enough cash and marketable securities at closing to pay the tax liability of the holders of
such series of Preferred Units resulting from the Change of Control (unless waived by a majority of the outstanding Preferred Units of such series). 

(d) Conversion and Exchange Notice. A Preferred Unitholder shall exercise its right to convert Preferred Units as
set forth in the first sentence of Section 3.8.2(a) by delivering to the Company a written election of conversion in respect of the Preferred Units to be converted specifying the number and series of Preferred Units to be
converted, duly executed by such holder or such holder’s duly authorized attorney (a “Conversion Notice”), in each case delivered at the principal executive offices of the Company. As promptly as practicable following the
delivery of a Conversion Notice, the Company shall update the schedule of Members (attached hereto as Schedule A). The Company shall exercise its right to exchange Series A Preferred Units, Series B Preferred Units, Series C-2 Preferred Units and Series D Preferred Units (or the Common Units into which they have been converted in a Conversion) as set forth in the first sentence of Section 3.8.2(b) by delivering to
the Series A Preferred Unitholders, Series B Preferred Unitholders, Series C-2 Preferred Unitholders and Series D Preferred Unitholders (or the applicable Common Unitholder if there has been a Conversion) a
written election of exchange in respect of the Series A Preferred Units, Series B Preferred Units, Series C-2 Preferred Units and Series D Preferred Units (or the Common Units into which they have been
converted in a Conversion) to be exchanged, duly executed by the Company (an “Exchange Notice”), in each case delivered at the address of such holders as set forth in the schedule of Members (attached hereto as Schedule A);
provided, that the Company 

  
 12 

 
shall deliver such written election of exchange at least 30 days in advance of the anticipated closing of the applicable Public Offering or effectiveness of the applicable Uplist Event, as the
case may be. Following the delivery of an Exchange Notice and upon the closing of the applicable Public Offering or effectiveness of the applicable Uplist Event, as the case may be, the Company shall deliver or cause to be delivered at the offices
of the then-acting registrar and transfer agent of the New P10 Parent Common Stock or, if there is no then-acting registrar and transfer agent of the New P10 Parent Common Stock, at the principal executive offices of the Company, the number of
shares of New P10 Parent Common Stock deliverable upon such exchange, registered in the name of the relevant Member. To the extent the New P10 Parent Common Stock is settled through the facilities of The Depository Trust Company, the Company will
upon the written instruction of a Member, use its reasonable best efforts to deliver the shares of New P10 Parent Common Stock deliverable to such Member, through the facilities of The Depository Trust Company, to the account of the participant of
The Depository Trust Company designated by such Member. 
 (e) Adjustment. 

(i) Conversion. If there is any merger, consolidation, reclassification, reorganization, recapitalization or
other similar transaction in which the Common Units are converted or changed into another security, securities or other property or right to receive any security, securities or other property, then upon any subsequent Conversion, each Member shall
be entitled to receive the amount of such security, securities or other property that such Member would have received if such Conversion had occurred immediately prior to the effective date of such merger, consolidation, reclassification,
reorganization, recapitalization or other similar transaction, taking into account any adjustment as a result of any subdivision (by any split, distribution or dividend, merger, consolidation, reclassification, reorganization, recapitalization or
otherwise) or combination (by reverse split, merger, consolidation, reclassification, recapitalization or otherwise) of such security, securities or other property that occurs after the effective time of such merger, consolidation, reclassification,
reorganization, recapitalization or other similar transaction. 
 (ii) Exchange. If, following the date hereof, there
is any merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction in which the P10 Parent Common Stock is converted or changed into another security, securities or other property or right to receive
any security, securities or other property, then upon any subsequent Exchange, a P10 Parent Share Equivalent shall be adjusted to equal the amount of such security, securities or other property that a holder of one share of P10 Parent Common Stock
received in such merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction, taking into account any adjustment as a result of any subdivision (by any split, distribution or dividend, merger,
consolidation, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse split, merger, consolidation, reclassification, recapitalization or otherwise) of such security, securities or other property that occurs
after the effective time of such merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction. 

  
 13 

 (iii) Change of Control Redemption. If, prior to a Change of
Control, there is any merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction in which the P10 Parent Common Stock is converted or changed into another security, securities or other property or
right to receive any security, securities or other property, then upon any subsequent Change of Control Redemption pursuant to Section 3.8.2(c)(ii), each Member shall be entitled to receive a CofC Redemption Amount that
such Member would have received if such Change of Control Redemption had occurred immediately prior to the effective date of such merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction, taking into
account any adjustment as a result of any subdivision (by any split, distribution or dividend, merger, consolidation, reclassification, reorganization, recapitalization or otherwise) or combination (by reverse split, reclassification,
recapitalization or otherwise) of such security, securities or other property that occurs after the effective time of such merger, consolidation, reclassification, reorganization, recapitalization or other similar transaction. 

(f) Any Common Units or shares of P10 Parent Common Stock or New P10 Parent Common Stock delivered pursuant to this
Section 3.8.2 shall be validly issued, fully paid and nonassessable (except, in the case of Common Units, as such nonassessability may be affected by Sections 18-607 and 18-804 of the Act). 
 (g) Upon any Conversion, Exchange or Change of Control Redemption,
the Company shall pay to a converting or exchanging Preferred Unitholder in cash any accrued undistributed preferred return, determined pursuant to Section 4.1.2, together with any debts or other contractual obligations
owed to such Preferred Unitholder, through the date of the applicable conversion, exchange or redemption, with respect to such Preferred Unitholder’s converted, exchanged or redeemed Preferred Units. 

3.8.3 Redemption. 

(a) At any time following April 1, 2025, the Preferred Unitholders (or Common Unitholders who hold Common Units as a
result of conversion of Preferred Units into Common Units) shall have the right (the “Put Right”), at their option, to elect to cause any or all of their respective Preferred Units (or the Common Units into which they have been
converted in a Conversion) to be redeemed (a “Redemption”) for cash at a redemption price equal to the Fair Market Redemption Value on the date of delivery of the notice described in Section 3.8.3(b);
provided, further, that the Company shall not be obligated to redeem Units pursuant to this Section 3.8.3(a) if such redemption is not permitted or would cause a default or event of default or other acceleration of
indebtedness under the Credit Documents (a “Default Causing Put”). In the event the Company is not obligated to redeem Units because of a Default Causing Put, the Company shall nevertheless be obligated to redeem the number of
Units, if any, that can be redeemed without causing a Default Causing Put (with each Unitholder seeking Redemption having a number of Preferred Units (or Common Units into which they have been converted in a Conversion) redeemed determined on a pro
rata basis based on the number of Units such Unitholder is seeking to have redeemed to the total number of Units that all Unitholders are seeking to have redeemed). Further, in the event the Company is not obligated to redeem Units because of

  
 14 

 
a Default Causing Put, the Company shall use commercially reasonable efforts to refinance the Credit Documents which do not permit such redemption, or find an alternate source of equity or debt
funding, in order to permit the redemption of the Units which are the subject of the Default Causing Put (and to re-start such commercially reasonable efforts every six months until such Redemption is funded
in full). The Company and its Subsidiaries shall use commercially reasonable efforts to cause any credit facilities that extend, renew, refund, replace or refinance the Credit Documents to unconditionally permit the exercise of the Put Right
(subject only to financial covenant compliance in such credit facilities). 
 (b) To exercise the Put Right described in this
Section 3.8.3(a), a Preferred Unitholder must deliver to the Company a written notice setting forth (i) the date on which the redemption will occur, which shall be no earlier than twenty (20) Business Days after
the date such notice is given; and (ii) with respect to each holder, the number of Preferred Units (or the Common Units into which they have been converted in a Conversion) subject to redemption. The Company shall promptly deliver to the other
Preferred Unitholders a written copy of any such notice it receives. No Preferred Unitholder shall exercise its Put Right more than once during any consecutive twelve (12) month period. In the event that the Company does not redeem Units held
by a Preferred Unitholder within 30 days after the date set forth in such notice from such Preferred Unitholder, then in addition to any other rights or remedies such Preferred Unitholder may have (x) in the case of the Truebridge Member,
interest shall accrue from such date on the redemption price at the rate of 200 basis points above the highest rate in effect from time to time under the terms of the Company’s and any of its Subsidiaries’ indebtedness for borrowed money,
compounding annually, and (y) in the case of all Preferred Unitholders, such Preferred Unitholder may not, within 120 days after the date set forth in such notice from such Preferred Unitholder, withdraw its election to exercise its Put Right,
but may, at any time after such 120 day period, withdraw its election to exercise its Put Right without liability and without it counting as an “exercise” under the immediately prior sentence. 

(c) In connection with any Redemption of Units pursuant to Section 3.8.3(a), the Board of Managers shall
initially determine the Fair Market Redemption Value of the applicable Preferred Units (or the Common Units into which they have been converted in a Conversion) (the “Redeemed Units”, and such valuation, the “Board
Valuation”) in good faith and send written notice thereof to the applicable Preferred Unitholder (or Common Unitholder who holds Common Units as a result of conversion of Preferred Units into Common Units) (the “Redeeming
Holder”). If the Fair Market Redemption Value is determined pursuant to the proviso in the definition of such term applicable if shares are listed on a National Securities Exchange, then such determination by the Board of Managers shall be
deemed to be conclusive, absent fraud or manifest error, and not subject to the following procedures in this Section 3.8.3(b). Within ten (10) Business Days of the delivery by the Company to the Redeeming Holder of the
Board of Manager’s determination of Fair Market Redemption Value of the applicable Redeemed Units, the Redeeming Holder may notify the Company in writing that it objects to the Board of Manager’s ascribed valuation of the applicable
Redeemed Units and propose a different valuation (the “Redeeming Holder Valuation”) of such applicable Redeemed Units (the “Objection Notice”). If the Redeeming Holder timely delivers an Objection Notice and the
Board of Managers does not agree with the proposed different valuation, 

  
 15 

 
then the Company and such Redeeming Holder shall, within 20 days of the delivery of the Objection Notice (or such longer period of time as is mutually agreed upon by the Company and the Redeeming
Holder), jointly engage a nationally recognized investment bank or appraisal firm reasonably acceptable to both the Company and the Redeeming Holder (the “Appraisal Firm”) to determine the Fair Market Redemption Value of the
applicable Redeemed Units. The Company shall enter into a customary engagement letter with the Appraisal Firm, which engagement letter shall provide that in determining Fair Market Redemption Value, the Appraisal Firm shall value the applicable
Redeemed Units based on the sale of the Company as a going concern and shall not apply any liquidity discount or minority discount, and provided that the value ascribed to the Redeemed Units by the Appraisal Firm shall not be less than the Board
Valuation nor greater than the Redeeming Holder Valuation. The Company shall use commercially reasonable efforts to cause the Appraisal Firm to make such determination of the Fair Market Redemption Value of the applicable Redeemed Units (the
“Appraiser Valuation”) within 30 days of the date the Appraisal Firm is engaged. The final Fair Market Redemption Value of the applicable Redeemed Units shall be equal to the average of (i) the Appraiser Valuation and
(ii) either the Board Valuation or the Redeeming Holder Valuation, based on which such valuation is closer to the Appraiser Valuation. The expenses of the Appraisal Firm shall be allocated to be paid by the Company, on the one hand, and/or the
Redeeming Holder, on the other hand, based upon the percentage which the portion of the contested amount not awarded to each party bears to the aggregate contested amount, as determined by the Appraisal Firm. The determination of Fair Market
Redemption Value by the Appraisal Firm shall be binding on the Company and the Redeeming Holder for purposes of the redemption of the applicable Redeemed Units. 

(d) Because an Uplist Event or a Public Offering may affect Fair Market Redemption Value, for so long as (i) the Keystone
Member holds or owns at least 50% of the Series B Preferred Units (including, for this purpose, Common Units into which the Series B Preferred Units have been converted) held or owned by it on the Prior Effective Date or (ii) the TrueBridge
Members hold or own at least 50% of the Series D Preferred Units (including, for this purpose, Common Units into which the Series D Preferred Units have been converted) held or owned by them on the TrueBridge Closing Date, the P10 Member agrees not
to consummate an Uplist Event or a Public Offering that is not a Qualified Public Offering, either directly or indirectly through New P10 Parent, without the prior approval of the Keystone Member and the TrueBridge Members, as applicable. 

(e) Other than pursuant to Section 3.8.2(b), Section 3.8.2(c) or
Section 3.8.3(a), the Company shall not redeem any Common Units, Series A Preferred Units, Series B Preferred Units, Series C Preferred Units or Series D Preferred Units (or Common Units into which they have been converted) unless
all holders of Preferred Units (and Common Units into which they have been converted) shall be given the opportunity to be so redeemed in proportion to the respective numbers of their outstanding Preferred Units (and Common Units into which they
have been converted) and on the same terms (except if the price is below an applicable Liquidation Preference, then the price will be based upon relative Liquidation Preference(s), provided that in such case, the price shall not exceed the
applicable Liquidation Preference(s)) (e.g., if Series B Preferred Units are being redeemed at $2.00 per Unit (and assuming $2.00 is two-thirds of their Liquidation Preference), then

  
 16 

 
Series D Preferred Units are redeemable at $2.20 per Unit (assuming $2.20 is two-thirds of their Liquidation Preference); and if Series B Preferred Units
are being redeemed at greater than or equal to $3.00 and less than or equal to $ 3.30 per Unit (and assuming $3.00 is 100% of their Liquidation Preference), then Series D Preferred Units are redeemable at $3.30 per Unit (and assuming $3.30 is 100%
of their Liquidation Preference)). 
 3.8.4 Power of Attorney. In connection with any Conversion, Exchange or Change of Control
Redemption in accordance with Section 3.8.2 or Redemption in accordance with Section 3.8.3, the holder of Preferred Units (or the Common Units into which they have been converted in a Conversion)
must deliver transfer instruments to effect such Conversion, Exchange, Change of Control Redemption or Redemption reasonably satisfactory to the Company (including instructions to a transfer agent), at the principal office of the Company. Such
holder also hereby constitutes and appoints the Company and its authorized representatives with full power of substitution as his true and lawful agent and
attorney-in-fact, with full power and authority in his name, place and stead to execute and deliver such transfer instruments to effect such Conversion, Exchange, Change
of Control Redemption or Redemption. The foregoing power of attorney is hereby declared to be irrevocable and a power coupled with an interest, and it shall survive the subsequent death, incompetency, incapacity, disability, dissolution, bankruptcy
or termination of any such holder and the transfer of such holder’s Units and shall extend to such holder’s heirs, successors, permitted assigns and personal representatives. 

3.9 P10 Parent Commitments. For so long as any Series A Preferred Units, Series B Preferred Units or Series D Preferred Units (or Common
Units into which the Series A Preferred Units, Series B Preferred Units or Series D Preferred Units have been converted) remain outstanding, in each case, without the written consent of the holders of a majority of the then outstanding Series A and
B Preferred Units (voting as a single class) and a majority of the then outstanding Series D Preferred Units, (a) neither P10 Parent nor New P10 Parent shall conduct any business, directly or indirectly, other than through the Company, except
for (i) matters ancillary to being a publicly traded company, (ii) the management of its Common Units, (iii) operations conducted through subsidiaries other than the Company and its Subsidiaries with their own funding and that do not
involve capital, debt or guarantees of P10 Parent or New P10 Parent or otherwise subject P10 Parent or New P10 Parent to any liabilities or obligations (other than as the equity owner of such subsidiaries), and (iv) general administrative
matters (including payment of debts); (b) P10 Parent will remain the direct beneficial owner of the Common Units which it acquired on the Prior Effective Date and of any other equity securities of the Company that it acquires (unless it ceases being
such owner as a result of a Change of Control transaction); (c) except for operations conducted through the Company and its Subsidiaries, P10 Parent and its subsidiaries shall not engage in any activity that is in the same or materially similar line
of business as, or competes with, any activity that is engaged in by the Company or its Subsidiaries on the Prior Effective Date and/or the TrueBridge Closing Date; and (d) P10 Parent and, in the event New P10 Parent is organized, New P10
Parent shall ensure that (i) at all times following its incorporation, New P10 Parent has sufficient authorized and unissued shares of New P10 Parent Common Stock to exchange the Preferred Units (or Common Units into which they have been
converted) into New P10 Parent Common Stock, in accordance with the terms hereof, (ii) any New P10 Parent Common Stock and any paid-in-kind dividends, when issued
to the Preferred Unitholder, will be duly authorized, validly issued and fully paid, free and clear of all liens, non-assessable and not issued in violation of any federal or state securities laws, preemptive
or similar right, purchase option, 

  
 17 

 call or right of first refusal or similar right and (iii) the merger of P10 Parent with New P10 Parent
in connection with an Exchange of Preferred Units permitted in Section 3.8.2(b) shall not require the vote or consent of any P10 Parent shareholder other than shareholders holding a majority of the shares of P10 Parent
Common Stock. 
 ARTICLE 4 

DISTRIBUTIONS AND ALLOCATIONS 

4.1 Distributions. Distributions of Available Cash shall be distributed to the Members from time to time on such date or dates
determined by the Board of Managers, in the following order and priority: 
 4.1.1 First, to the P10 Member, in an amount sufficient to pay
all reasonable expenses of P10 Member to cover overhead, general and administrative costs, audit fees, taxes (based on the assumption that its net operating loss carryovers are not subject to limitation under Section 382 of the Code, other than
any such limitation resulting from a transaction approved by the Keystone Member or the Keystone Board Designee after clear disclosure of such limitation resulting from such transaction), board fees, any expenses related to a Public Offering or
Uplist Event and public company related expenses, but excluding, for the avoidance of doubt, any employee compensation. 
 4.1.2 Second, to
each Preferred Unitholder, a preferred return on the Issue Price of its Preferred Units equal to one percent (1%) per annum, compounded annually for the period beginning on the date of issuance of the applicable Preferred Units and calculated taking
into account the amounts and dates of distributions that are made pursuant to this Section 4.1.2, which distributions shall be made on the same date for all Preferred Unitholders and shall be pro rata based on the amount of
the preferred return accrued as of such distribution date for each Preferred Unitholder. 
 4.1.3 Third, to the P10 Member, in an amount
sufficient to make payments due with respect to the RCP Seller Obligations; provided, that no distributions shall be made pursuant to this Section 4.1.3 unless all outstanding Redemptions that have been exercised in
accordance with Section 3.8.3 have been settled and paid in full. 
 4.1.4 Fourth, any remaining amount of
Available Cash, to the Common Unitholders, pro rata based on the number of Common Units held by each Common Unitholder; provided, that without the written consent of the holders of a majority of the then outstanding Series A and B Preferred Units
(voting as a single class) and a majority of the then outstanding Series D Preferred Units, no distributions shall be made pursuant to this Section 4.1.4 while any Series A Preferred Units, Series B Preferred Units or
Series D Preferred Units are outstanding. 
 Notwithstanding the foregoing provisions of this Section 4.1, the
distributions pursuant to Section 4.1.2 shall be made at least once each calendar year beginning with calendar year 2021, provided that there is Available Cash to make the distribution. The Members intend that the Board of
Managers will cause the Company’s Subsidiaries to make sufficient distributions or dividends to the Company each year to enable the Company to make the distributions pursuant to Sections 4.1.1, 4.1.2 and 4.1.3 annually,
provided that such Subsidiaries have sufficient available cash to do so. 

  
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 4.2 Tax Distributions for Unexpected Allocations. Notwithstanding
Section 4.1, but subject to section A.IV.3(c) of Annex 1, if a TrueBridge Member (including a former Truebridge Member) were to be allocated items of taxable income, gain, deduction or loss with respect to the ownership of
Series D Preferred Units (i) under Section 704(c) of the Code or under Section 737 of the Code, or (ii) that is not related to its entitlement to distributions under Section 4.1.2, including as a result
of a tax audit, dispute or other proceedings (each, an “Unexpected Allocation”) with respect to a tax period or portion thereof beginning after the date hereof and before the Uplist Event, the Company shall promptly make cash
distributions to such TrueBridge Member so as to allow such TrueBridge Member (or the beneficial owners thereof) to pay any tax, interest and penalties with respect to such Unexpected Allocation by the due date thereof; provided that there is
Available Cash to make the distribution (and as soon as there is such Available Cash); provided, further, that if any such cash distribution related to allocations described in clause (ii) above would not be permitted under the terms of any
Credit Documents, then such cash distribution shall be deferred and shall be made as soon as making the distribution would be permitted under the Credit Documents, increased by an interest factor from the date it would otherwise have been
distributed to the date it actually is distributed at an interest rate equal to 200 basis points above the highest rate in effect from time to time under the terms of the Company’s and any of its Subsidiaries’ indebtedness for borrowed
money, compounding annually. The cash distribution to such TrueBridge Member shall be in an amount equal to the sum of (A) the product of (x) the amount of Unexpected Allocation to such TrueBridge Member with respect to any such tax period
(net of cumulative Unexpected Allocation of losses to such TrueBridge Member for any taxable period or portion thereof beginning on or after the date hereof and before the Uplist Event and not previously taken into account under this
Section 4.2 but only to the extent such Loss is ordinary or, if such loss is capital, only to the extent such Unexpected Allocation (or any prior Unexpected Allocation not previously taken into account for this purpose) is
of income or gain that is capital), multiplied by (y) an assumed tax rate equal to the highest maximum combined marginal federal, state and local income tax rates (including any tax rate imposed on “net investment income” by section
1411 of the Code) applicable to an individual resident in the locality where the TrueBridge Member resides (taking into account the character of such taxable income and the deductibility of state and local income tax for federal income tax purposes
(to the extent applicable), and (B) any interest and penalties actually paid or payable by such TrueBridge Member (or beneficial owners thereof) with respect to such Unexpected Allocation, determined on a with and without basis. The Members
acknowledge that an Unexpected Allocation and related tax distribution under this Section 4.2 to a TrueBridge Member will increase the TrueBridge Member’s adjusted tax basis in its Units by the excess of such
Unexpected Allocation over such tax distribution. Upon a taxable disposition, by a TrueBridge Member that has received such an Unexpected Allocation (and corresponding tax distribution), of its Units or any property (such as stock of New Parent)
received in exchange for its Units (or for such property) in a transaction in which such property has a beginning tax basis to such TrueBridge Member equal to its tax basis in the Units (or such property) exchanged therefor, the TrueBridge Member
shall promptly repay an amount to the Company equal to the reduction in its taxes the TrueBridge Member has upon such taxable disposition as a result of such increased tax basis (not to exceed the tax distributions previously made to such TrueBridge
Member), measured on a with and without basis. 

  
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 4.3 Allocations. Profits and losses (and items of income, gain, loss, deduction and
credit relating thereto) of the Company shall be allocated among the Members as provided in Annex 1. 
 4.4 Withholding.
Notwithstanding anything in this Agreement to the contrary, the Company is authorized to withhold from distributions or other amounts allocable or payable to any Member such amount or amounts as shall be required by the Code, the Treasury
Regulations and/or applicable provisions of State, local or non-U.S. tax law, and to remit such amount or amounts to the Internal Revenue Service and/or such other applicable State, local or non-U.S. taxing authority at such time or times as may from time to time be required by applicable law. Any amount so withheld and remitted to the applicable taxing authority shall be treated for all purposes of
this Agreement (including, without limitation, for purposes of Section 4.1 and Section 4.2), as a distribution (or other payment, if applicable) by the Company to such Member. 

ARTICLE 5 

DESIGNATION, RIGHTS, AUTHORITIES, POWERS, RESPONSIBILITIES, 

AND DUTIES OF THE BOARD OF MANAGERS 

5.1 Board of Managers. Subject to Sections 5.1.11 and 5.1.12 of Exhibit 5.1, the business of the Company shall be managed
by a Board of Managers (the “Board of Managers ” or “Board”), and the Persons constituting the Board of Managers shall be the “managers” of the Company for all purposes of the Act (each, a
“Manager”, and collectively, the “Managers”). The Board of Managers on the TrueBridge Closing Date shall be the Persons set forth in Exhibit 5.1. Thereafter, the Persons constituting the Board of Managers
shall be determined in accordance with the provisions of Exhibit 5.1. Decisions of the Board of Managers shall be embodied in a vote or resolution adopted in accordance with the procedures set forth in Section 5.1.6
and Section 5.1.7 of Exhibit 5.1. Such decisions shall be decisions of the “manager” for all purposes of the Act and shall be carried out by officers or agents of the Company appointed by the Board of
Managers in the vote or resolution in question or in one or more standing votes or resolutions. 
 5.2 Authority of Board of Managers;
Senior Manager. Subject to the provisions of this Agreement that require the consent or approval of the Members (including Sections 5.1.11 and 5.1.12 of Exhibit 5.1), the Board of Managers shall have the exclusive power and
authority to manage the business and affairs of the Company and to make all decisions with respect thereto. Except as otherwise expressly provided in this Agreement, the Board of Managers or Persons designated by the Board of Managers, including
officers and agents appointed by the Board of Managers, shall be the only Persons authorized to execute documents which shall be binding on the Company. To the fullest extent permitted by Delaware law, but subject to any specific provisions hereof
granting rights to any Member, the Board of Managers shall have the power to do any and all acts, statutory or otherwise, with respect to the Company or this Agreement, which would otherwise be possessed by any Member under the laws of the State of
Delaware, and no Member shall have any power whatsoever with respect to the management of the business and affairs of the Company. The power and authority granted to the Board of Managers hereunder shall include all those necessary or convenient for
the furtherance of the purposes of the Company and shall include the power to make all decisions with regard to the management, operations, assets, financing and capitalization of the Company, including, without limitation, but subject to the
provisions of this Agreement that require the consent or approval of the Members or the 

  
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Keystone Board Designee pursuant to Section 5.1.11 of Exhibit 5.1 or the TrueBridge Board Designee or RCP Designee pursuant to Section 5.1.12 of
Exhibit 5.1, the power and authority to undertake and make decisions concerning: (a) hiring and firing of employees, officers, attorneys, accountants, brokers, investment bankers and other advisors and consultants, (b) entering into of
leases for real or personal property, (c) opening of bank and other deposit accounts and operations thereunder, (d) purchasing, constructing, improving, developing, maintaining and disposing of real property, (e) purchasing of
insurance, goods, supplies, equipment, materials and other personal property, (f) borrowing of money, obtaining of credit, issuance of notes, debentures, securities, equity or other interests of or in the Company and securing of the obligations
undertaken in connection therewith with mortgages on and security interests in all or any portion of the real or personal property of the Company, (g) making of investments in or the acquisition of securities of any person or entity,
(h) giving of guarantees and indemnities, (i) entering into of contracts or agreements whether in the ordinary course of business or otherwise, (j) mergers with or acquisitions of other entities, (k) dissolution, (l) the sale or
lease of all or any portion of the assets of the Company, (m) forming Subsidiaries or joint ventures, (n) compromising, arbitrating, adjusting and litigating claims in favor of or against the Company, and (o) all other acts or
activities necessary or desirable for the carrying out of the purposes of the Company including, without limitation, any and all actions that the Company may take pursuant to Section 2.6. 

5.3 Officers; Agents. Subject to the provisions of this Agreement that require the consent or approval of the Members or of the Keystone
Board Designee pursuant to Section 5.1.11 of Exhibit 5.1 or of the TrueBridge Board Designee or RCP Designee pursuant to Section 5.1.12 of Exhibit 5.1, the Board of Managers by vote
or resolution of the Board of Managers shall have the power to appoint agents (who may be referred to as officers) to act for the Company with such titles, if any, as the Board of Managers deems appropriate and to delegate to such officers or agents
any powers granted to the Board of Managers hereunder, including the power to execute documents on behalf of the Company, as the Board of Managers may in its sole discretion determine; provided, however, that no such delegation by the
Board of Managers shall cause the Persons constituting the Board of Managers to cease to be the “managers” of the Company within the meaning of the Act. The officers or agents so appointed shall include a senior manager (the
“Senior Manager”), who shall be the Chair of the Board of Managers and the Chief Executive Officer and President of the Company and also may include persons holding titles such as Executive Vice President, Vice President, Chief
Operating Officer, Chief Financial Officer, Treasurer, Controller, or Secretary as set forth in Exhibit 5.3. Unless the authority of the agent designated as the officer in question is limited in the document appointing such officer or is
otherwise specified by the Board of Managers, any officer so appointed shall have the same authority to act for the Company as a corresponding officer of a Delaware corporation would have to act for a Delaware corporation in the absence of a
specific delegation of authority and as more specifically set forth in Exhibit 5.3. The Board of Managers, in its sole discretion, may by vote or resolution of the Board of Managers ratify any act previously taken by an officer or agent
acting on behalf of the Company. 
 5.4 Board of Directors of Five Points. On the Prior Effective Date, the Board of Managers, acting
on behalf of the Company in its capacity as the sole shareholder of Five Points, exercised its voting rights as such a shareholder (a) to cause the board of directors of Five Points (the “Five Points Board”) to consist of five
(5) members, consisting of Jonathan B. Blanco, S. Whitfield Edwards, Scott L. Snow and Marshall C. White (the “Designated FP Directors”) plus 

  
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one other individual designated by the P10 Member (which shall not be one of the sellers or a trustee of a seller under the FP Purchase Agreement) and (b) to cause the bylaws of Five Points
to provide that a Designated FP Director, who at any time while a member of the Five Points Board renders services to Five Points or the Company or any of their respective Affiliates as his or her primary occupation, shall be deemed to have resigned
as a member of the Five Points Board if he or she discontinues to render such services. 
 5.5 Board Observer. 

5.5.1 So long as the Five Points Members continue to own or hold any Series A Preferred Units (or any Common Units that were converted from
Series A Preferred Units), the Five Points Members shall be entitled to designate one individual who is David G. Townsend, Martin P. Gilmore, Thomas H. Westbrook, Christopher N. Jones or any other individual who is not an employee of the Company or
any Affiliate of the Company (the “Series A Board Observer”) to attend meetings of the Board of Managers in a nonvoting observer capacity; provided, however, that the Series A Board Observer shall be required to enter into a
confidentiality agreement in the form of Exhibit 5.5 whereby such Series A Board Observer will agree to hold in confidence and trust all confidential information disclosed to such Series A Board Observer in accordance with such agreement;
provided, further, that the Board of Managers reserves the right to exclude such Series A Board Observer from any meeting of the Board of Managers or any portion thereof (a “Confidential Session”) upon the good faith determination
by a majority of the members of the Board present at such meeting that (i) the Confidential Session will involve a discussion of competitively sensitive or confidential matters that should not be disclosed to such Series A Board Observer, or
(ii) the presence of such Series A Board Observer during the Confidential Session may compromise or adversely affect any attorney-client privilege between the Company and its counsel. It at any time the Series A Board Observer shall fail to
meet the eligibility requirements in this Section 5.5.1, then the Series A Board Observer shall be deemed to have resigned and the Five Points Members shall be entitled to appoint a new Series A Board Observer in accordance
with the terms and conditions in this Section 5.5.1. 
 5.5.2 So long as the Keystone Member continues to own or
hold any Series B Preferred Units (or any Common Units that were converted from Series B Preferred Units), the Keystone Member shall be entitled to designate one individual who is not an employee of the Company or any Affiliate of the Company (the
“Keystone Board Observer”) to attend meetings of the Board of Managers in a nonvoting observer capacity; provided, however, that the Keystone Board Observer shall be required to enter into a confidentiality agreement in the form of
Exhibit 5.5 whereby such Keystone Board Observer will agree to hold in confidence and trust all confidential information disclosed to such Keystone Board Observer in accordance with such agreement; provided, further, that the Board of
Managers reserves the right to exclude such Keystone Board Observer from any Confidential Session upon the good faith determination by a majority of the members of the Board present at such meeting that (i) the Confidential Session will involve
a discussion of competitively sensitive or confidential matters that should not be disclosed to such Keystone Board Observer, or (ii) the presence of such Keystone Board Observer during the Confidential Session may compromise or adversely
affect any attorney-client privilege between the Company and its counsel. If at any time the Keystone Board Observer shall fail to meet the eligibility requirements in this Section 5.5.2, then the Keystone Board Observer
shall be deemed to have resigned and the Keystone Member shall be entitled to appoint a new Keystone Board Observer in accordance with the terms and conditions in this Section 5.5.2. 

  
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 5.5.3 So long as the TrueBridge Members continue to own or hold any Series D Preferred Units
(or any Common Units that were converted from Series D Preferred Units), the TrueBridge Members shall be entitled to designate one individual who is [Edwin Poston / Mel A. Williams] or any other individual who is not an employee of the Company or
any Affiliate of the Company (the “TrueBridge Board Observer”) to attend meetings of the Board of Managers in a nonvoting observer capacity; provided, however, that the TrueBridge Board Observer shall be required to enter into a
confidentiality agreement in the form of Exhibit 5.5 whereby such TrueBridge Board Observer will agree to hold in confidence and trust all confidential information disclosed to such TrueBridge Board Observer in accordance with such agreement;
provided, further, that the Board of Managers reserves the right to exclude such TrueBridge Board Observer from any Confidential Session upon the good faith determination by a majority of the members of the Board present at such meeting that
(i) the Confidential Session will involve a discussion of competitively sensitive or confidential matters that should not be disclosed to such TrueBridge Board Observer, or (ii) the presence of such TrueBridge Board Observer during the
Confidential Session may compromise or adversely affect any attorney-client privilege between the Company and its counsel. It at any time the TrueBridge Board Observer shall fail to meet the eligibility requirements in this
Section 5.5.3, then the TrueBridge Board Observer shall be deemed to have resigned and the TrueBridge Members shall be entitled to appoint a new TrueBridge Board Observer in accordance with the terms and conditions in this
Section 5.5.3. 
 5.5.4 The Series A Board Observer, the Keystone Board Observer and the TrueBridge Board Observer
shall each have the same information rights and shall receive the same information packages (including “board packages”) as the Managers. 

5.6 Management Fee. So long as the Keystone Member continues to own or hold any Series B Preferred Units (or any Common Units that were
converted from Series B Preferred Units), the Keystone Member shall be paid on a quarterly basis a fee equal to $250,000 for management and advisory services (“Management Services”) rendered to the Company. Such management
fee shall be paid in cash on the last day of each fiscal quarter, and such amount shall be pro rated for partial quarters. In addition, the Keystone Member will be reimbursed for all reasonable and documented
out-of-pocket expenses actually incurred by or on behalf of the Keystone Member for Management Services related to potential Acquisitions; provided that such reimbursable amount shall not exceed $25,000 for
any individual Acquisition without the Company’s prior written consent. 
 ARTICLE 6 

BOOKS, RECORDS, ACCOUNTING, AND REPORTS. 

6.1 Books and Records. 

6.1.1 The Company shall maintain at its principal office all of the following: 

(a) true and full information regarding the status of the business and financial condition of the Company; 

  
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 (b) promptly after becoming available, copies of any tax returns that the
Company has filed; 
 (c) a current list of the name and last known business, residence or mailing address of each Member and
Board of Managers; 
 (d) a copy of this Agreement and the Certificate and all amendments thereto, together with executed
copies of any written powers of attorney pursuant to which this Agreement and any Certificate and all amendments thereto have been executed; 

(e) true and full information regarding the amount of cash and a description and statement of the agreed value of any other
property or services contributed by the Member as a Capital Contribution; and 
 (f) other information regarding the affairs
of the Company as is required by the Act. 
 6.1.2 Each member of the Board of Managers shall have the right from time to time to examine and
receive all of the information (including that described in Section 6.1.1) of the Company and its Subsidiaries for a purpose reasonably related to the position of a Manager and a member of the Board of Managers. 

6.2 Financial Statements. The Board of Managers shall cause books of account to be maintained reflecting the operations of the Company.
The Company will make available to each Member (i) quarterly unaudited financial statements within 30 days following the end of each quarter and (ii) annual audited financial statements within 120 days following the end of each fiscal
year. So long as the Company is a Subsidiary of P10 Parent (or another parent company), the Company may satisfy its obligations under the immediately preceding sentence by furnishing the corresponding reports of P10 Parent (or such parent company).
So long as the Keystone Member, any of the Five Points Members or any of the TrueBridge Members are a Member, the Company will also make available to each such Member annual budgets, monthly sales reports and other information reasonably requested
by such Member. In addition, so long as the Keystone Member or any of the TrueBridge Members are a Member, the Company shall provide reasonable access to the Company’s executive officers to each such Member, subject to customary confidentiality
provisions. 
 ARTICLE 7 

TAXES 
 7.1
Partnership Classification. As long as the Company has more than one Member, it is the intention of the Company and the Members that the Company be treated as a partnership for federal and all relevant state income tax purposes and neither
the Company nor the Members shall take any action or make any election which is inconsistent with such tax treatment, except as otherwise permitted under the terms of this Agreement. All provisions of this Agreement are to be construed so as to
preserve the Company’s income tax classification as a partnership. It is the intention of the Company and the Members that the Company will not be treated as a “publicly traded partnership” as such term is defined in
Section 7704(b) of the Code and the Treasury Regulations thereunder, and the Board will not consent to any transfer of Company Units that it determines in its sole discretion will cause such “publicly traded partnership” treatment.

  
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 7.2 Tax Returns. The Board of Managers shall arrange for the preparation and timely
filing (at the Company’s expense) of all Company tax returns and shall reasonably and promptly furnish to the Members all pertinent information in the Board of Managers’ possession relating to Company operations that the Members need to
complete their respective income tax returns. The Members shall furnish to the Board of Managers all pertinent information in the Member’s possession relating to Capital Contributions that is necessary to enable any Company tax returns to be
prepared and filed. The Company shall deliver to each of its Member (i) within ninety (90) days after the Company’s tax year- end, an estimated Schedule K-1 for such tax year based on
best-available information to date, and (ii) within 180 days after the Company’s tax year-end, a final Schedule K-1, along with copies of all other federal,
state and local income tax returns or reports filed by the Company for such year. 
 7.3 Notice of Proceedings. The Board of Managers,
on the one hand, and the Members, on the other hand, shall use their best efforts to keep each other informed of any administrative and judicial proceedings for the adjustment of taxes imposed with respect to the Company’s activities, or any
extension of the period of limitations for making assessments of any tax with respect to the Company, or of any agreement with a taxing authority that would result in any material change to a tax return. 

7.4 Certain Tax Covenants. The Company shall provide the applicable Preferred Unitholder with prior written notice, and shall obtain
such Preferred Unitholder’s consent (not to be unreasonably withheld, conditioned or delayed), before it or any of its Subsidiaries effects any transaction outside the ordinary course of business that would reasonably be expected to require the
Company to recognize income or gain in excess of $100,000 that would be allocated to such Member under Section 704(c) of the Code (or that would require such Member to recognize gain in excess of $100,000 under Section 737 of the Code) if
such transaction would not be accompanied with a cash distribution to such Member in an amount at least equal to such allocated income or gain multiplied by an assumed tax rate equal to the highest maximum combined marginal federal, state and local
income tax rates (including any tax rate imposed on “net investment income” by section 1411 of the Code) applicable to an individual resident in the locality where the Member resides (taking into account the character of such taxable
income and the deductibility of state and local income tax for federal income tax purposes (to the extent applicable). The Company agrees, for all relevant tax purposes, to treat the assumption of any liabilities of TrueBridge Capital Partners, LLC
and its subsidiaries pursuant to the Sale and Purchase Agreement dated as of August 24, 2020 by and among TrueBridge Capital Partners, LLC, EAP, MAW, the Company, P10 Parent and certain other parties (the “TrueBridge Purchase
Agreement”) as the assumption by the Company of a “qualified liability” as defined in Treasury Regulations Section 1.707-5(a)(6). 

  
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 ARTICLE 8 

RIGHTS AND POWERS OF THE MEMBERS 

8.1 No Management and Control. Except as expressly provided in this Agreement, the Members shall not take part in or interfere in any
manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company. 
 8.2
Meeting of the Members. No annual meeting of the Members shall be required. 
 8.3 Disassociation; No Dissolution Upon Bankruptcy
of a Member. Notwithstanding any other provision of this Agreement, the Bankruptcy (as defined below) of a Member or any other events specified in Section 18-304 of the Act with respect to a Member
shall not cause the Member to cease to be a member of the Company and upon the occurrence of such an event, the Company shall continue without dissolution. Notwithstanding any other provision of this Agreement, the Members waive any right they might
have to agree in writing to dissolve the Company upon the Bankruptcy of a Member or the occurrence of an event that causes any Member to cease to be a member of the Company. For the purposes of this paragraph, “Bankruptcy” shall
mean, with respect to any Person, if such Person (i) makes an assignment for the benefit of creditors, (ii) files a voluntary petition in bankruptcy, (iii) is adjudged a bankrupt or insolvent, or has entered against it an order for
relief, in any bankruptcy or insolvency proceedings, (iv) files a petition or answer seeking for itself any reorganization, arrangement, composition, readjustment, liquidation or similar relief under any statute, law or regulation, (v) files an
answer or other pleading admitting or failing to contest the material allegations of a petition filed against it in any proceeding of this nature, (vi) seeks, consents to or acquiesces in the appointment of a trustee, receiver or liquidator of
the Person or of all or any substantial part of its properties, or (vii) if within 120 days after the commencement of any proceeding against the Person seeking reorganization, arrangement, composition, readjustment, liquidation or similar
relief under any statute, law or regulation, such the proceeding has not been dismissed, or if within 90 days after the appointment without such Person’s consent or acquiescence of a trustee, receiver or liquidator of such Person or of all or
any substantial part of its properties, the appointment is not vacated or stayed, or within 90 days after the expiration of any such stay, the appointment is not vacated. The foregoing definition of “Bankruptcy” is intended to
replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Act. 

8.4 Limitation of Liability. Except as otherwise provided by the Act, the debts, obligations and liabilities of the Company, whether
arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and no Member will be obligated personally for any such debt, obligation or liability of the Company or of any of its subsidiaries or
other Members by reason of being a Member. Except as otherwise provided in the Act, by law or expressly in this Agreement, no Member will have any fiduciary or other duty to another Member with respect to the business and affairs of the Company or
of any of its subsidiaries. No Member will have any responsibility to restore any negative balance in his or her Capital Account or to contribute to or in respect of the liabilities or obligations of the Company or of any of its subsidiaries or
return distributions made by the Company. 

  
 26 

 8.5 Withdrawal; Resignation. So long as a Member continues to own or hold any Units,
such Member shall not have the ability to resign as a Member prior to the dissolution and winding up of the Company and any such resignation or attempted resignation by a Member prior to the dissolution or winding up of the Company shall be null and
void. As soon as any Person who is a Member ceases to own or hold any Units, such Person shall no longer be a Member. 
 8.6 Death of a
Member. The death of any Member shall not cause the dissolution of the Company. In such event, the Company and its business shall be continued by the remaining Member or Members and the Units owned by the deceased Member shall automatically be
transferred to such Member’s heirs subject to the terms and conditions of this Agreement (provided that, within a reasonable time after such transfer, the applicable heirs shall sign and deliver to the Company a counterpart of this Agreement).

 8.7 Spouse of a Member. Spouses of the Members that are natural persons do not become Members as a result of such marital
relationship, but the Members acknowledge that the interest held by a Member spouse may nevertheless be community property. Each spouse of a Member that is a natural person shall be required to execute a spousal consent in the form of Exhibit
8.7 to evidence his or her agreement and consent to be bound by the terms and conditions of this Agreement as to his or her interest, whether as community property or otherwise, if any, in the Units owned by such Member. 

ARTICLE 9 

DISSOLUTION 
 9.1
Dissolution. The Company shall be dissolved and its affairs wound up upon the occurrence of any of the following events: 
 9.1.1 an
election by the Board of Managers to dissolve, wind up or liquidate the Company together with the written consent of each of (i) the P10 Member, (ii) the consent of holders of at least a majority of the Series A Preferred Units outstanding
at the time and (iii) the consent of holders of at least a majority of the Series D Preferred Units outstanding at the time; 
 9.1.2
the sale, disposition or transfer of all or substantially all of the assets of the Company; or 
 9.1.3 the entry of a decree of judicial
dissolution of the Company under Section 18-802 of the Act. 
 Except as otherwise set forth in this
Section 9.1, the Company is intended to have perpetual existence. 
 9.2 Liquidation and Termination. 

On the dissolution of the Company, the Board of Managers shall act as liquidator or (in its sole discretion) may appoint one (1) or more
representatives, Members or other Persons as liquidator(s). The liquidators shall proceed diligently to wind up the affairs of the Company and make final distributions as provided herein and in the Act. The costs of liquidation shall be borne as a
Company expense. Until final distribution, the liquidators shall continue to operate the Company with all of the power and authority of the Managing Member. The steps to be accomplished by the liquidators are as follows: 

  
 27 

 9.2.1 First, the liquidators shall pay, satisfy or discharge from Company funds all of the
debts, liabilities and obligations of the Company (including all expenses incurred in liquidation, all Management Services obligations and all amounts owed for outstanding Redemptions that have been exercised in accordance with
Section 3.8.3) or otherwise make adequate provision for payment and discharge thereof (including the establishment of a cash fund for contingent liabilities in such amount and for such term as the liquidators may reasonably
determine); 
 9.2.2 Second, after payment or provision for payment of all of the Company’s liabilities has been made in accordance with
Section 9.2.1, the Company shall distribute to each Preferred Unitholder with respect to its Preferred Units the sum of (a) any accrued undistributed preferred return, determined pursuant to
Section 4.1.2 through the date of such distribution, with respect to such Preferred Units, plus (b) the Issue Price with respect to such Preferred Units (such sum, with respect to each series of Preferred Units, the
“Liquidation Preference”). If there are not enough proceeds to make all payments under this Section 9.2.2, payments shall be made pro rata among the Preferred Unitholders based on the Liquidation Preference
amounts payable to them. 
 9.2.3 Third, after payment or provision for payment of all of the Company’s liabilities has been made in
accordance with Section 9.2.1 and distributions to the Preferred Unitholders have been made in accordance with Section 9.2.2, the Company shall distribute to the P10 member an amount equal to the
amount of the then-remaining unpaid RCP Seller Obligations. 
 9.2.4 Fourth, after payment or provision for payment of all of the
Company’s liabilities has been made in accordance with Section 9.2.1 and distributions to the Preferred Unitholders and P10 Member have been made in accordance with Section 9.2.2 and
Section 9.2.3, all remaining assets of the Company shall be distributed to the Common Unitholders, pro rata based on the number of Common Units held by each Common Unitholder. 

9.3 Cancellation of Certificate. On completion of the distribution of Company assets as provided herein, the Company is terminated (and
the Company shall not be terminated prior to such time), and the Board of Managers (or such other Person or Persons as the Act may require or permit) shall file a certificate of cancellation with the Secretary of State of the State of Delaware,
cancel any other filings made pursuant to this Agreement that are or should be canceled and take such other actions as may be necessary to terminate the Company. The Company shall be deemed to continue in existence for all purposes of this Agreement
until it is terminated pursuant to this Section 9.4. 
 9.4 Reasonable Time for Winding Up. A reasonable
time shall be allowed for the orderly winding up of the business and affairs of the Company and the liquidation of its assets pursuant to Section 9.2 to minimize any losses otherwise attendant upon such winding up. 

9.5 Return of Capital. The Members shall look solely to the Company’s assets for the return of their Capital Contributions, and if
the assets of the Company remaining after payment of or due provision for all debts, liabilities and obligations of the Company are insufficient to return such Capital Contributions, the Members shall have no recourse against the Company or any
other Member or any other Person. 

  
 28 

 9.6 HSR Act. Notwithstanding any other provision in this Agreement, in the event that
the Hart- Scott-Rodino Antitrust Improvements Act of l976 (the “HSR Act”) is applicable to any Member by reason of the fact that any assets of the Company or common stock of P10 Parent or New P10 Parent shall be distributed to such
Member in connection with the dissolution of the Company, the dissolution of the Company shall not be consummated until such time as the applicable waiting periods (and extensions thereof) under the HSR Act have expired or otherwise been terminated
with respect to each such Member. 
 ARTICLE 10 

INDEMNIFICATION 

10.1 General. The Company shall indemnify, defend, and hold harmless the Board of Managers and each Officer appointed by the Board of
Managers pursuant to Section 5.3 to the maximum extent allowed by law, and may indemnify, defend and hold harmless the employees and agents of the Company, (all indemnified persons being referred to as “Indemnified
Persons”), from any liability, loss, or damage incurred by the Indemnified Person by reason of any act performed or omitted to be performed by the Indemnified Person in connection with the business of the Company and from liabilities or
obligations of the Company imposed on such Person by virtue of such Person’s position with the Company, including reasonable attorneys’ fees and costs and any amounts expended in the settlement of any such claims of liability, loss, or
damage. 
 10.2 Exculpation. No Indemnified Person shall be liable, in damages or otherwise, to the Company or to the Members for any
loss that arises out of any act performed or omitted to be performed by the Members pursuant to the authority granted by this Agreement if (a) either (i) the Indemnified Person, at the time of such action or inaction, believed, in good faith,
that such Indemnified Person’s course of conduct was in, or not opposed to, the best interests of the Company, or (ii) in the case of inaction by the Indemnified Person, the Indemnified Person did not intend such Indemnified Person’s
inaction to be harmful or opposed to the best interests of the Company, and (b) the conduct of the Indemnified Person did not constitute fraud, gross negligence, willful misconduct by such Indemnified Person or breach by any Indemnified Person
of this Agreement. 
 10.3 Persons Entitled to Indemnity. Any Person who is within the definition of Indemnified Person at the time of
any action or inaction in connection with the business of the Company shall be entitled to the benefits of this Article 10 as an Indemnified Person with respect thereto, regardless whether such Person continues to be within the definition of
Indemnified Person at the time of such Indemnified Person’s claim for indemnification or exculpation hereunder. 
 10.4 Procedure
Agreements. The Company may enter into an agreement with any of its employees and agents, or the Board of Managers, setting forth procedures consistent with applicable law for implementing the indemnities provided in this Article 10. 

10.5 Fiduciary and Other Duties. 

10.5.1 An Indemnified Person acting under this Agreement shall not be liable to the Company or to any other Indemnified Person for such
Indemnified Person’s good faith reliance on the provisions of this Agreement. The provisions of this Agreement, to the extent that they restrict the duties (including fiduciary duties) and liabilities of an Indemnified Person otherwise existing
at law or in equity, are agreed by the parties hereto to replace such other duties and liabilities of such Indemnified Person. 

  
 29 

 10.5.2 Whenever in this Agreement an Indemnified Person is permitted or required to make a
decision (a) in such Indemnified Person’s “discretion” or under a grant of similar authority or latitude, the Indemnified Person shall be entitled to consider only such interests and factors as he or she desires, including such
Indemnified Person’s own interests, and shall have no duty or obligation to give any consideration to any interest of or factors affecting the Company or any other Person, or (b) in such Indemnified Person’s “good faith” or
under another express standard, the Indemnified Person shall act under such express standard and shall not be subject to any other or different standard imposed by this Agreement or other applicable law. 

10.5.3 Unless otherwise expressly provided herein, (a) whenever a conflict of interest exists or arises between Indemnified Persons, or
(b) whenever this Agreement or any other agreement contemplated herein or therein provides that the Board of Managers shall act in a manner that is, or provides terms that are, fair and reasonable to the Company or the Member, the Board of
Managers shall resolve such conflict of interest, take such action or provide such terms, considering in each case the relative interest of each party (including its own interest) to such conflict, agreement, transaction or situation and the
benefits and burdens relating to such interests, any customary or accepted industry practices, and any applicable generally accepted accounting practices or principles. In the absence of bad faith by the Board of Managers, the resolution, action or
term so made, taken or provided by the Board of Managers shall not constitute a breach of this Agreement or any other agreement contemplated herein or of any duty or obligation of the Board of Managers at law, in equity or otherwise. 

10.5.4 Without limiting the provisions of Section 8.4, the Company and each Member and their respective Affiliates,
employees, agents and representatives, hereby waive any claim or cause of action against the Keystone Member (and any Manager appointed by the Keystone Member) for any breach of any fiduciary duty to the Company or its Subsidiaries or any of their
respective equityholders (including the Members) by any such Person, including any claim that may result from (x) any conflict of interest, including any conflict of interest between the Company or its Subsidiaries or any of their respective
equityholders (including the Members) and such Person or otherwise, (y) any breach of the duty of loyalty or (z) any breach of the duty of care. Each Member acknowledges and agrees that in the event of any conflict of interest, each such
Person may, so long as such action does not constitute a breach of the implied covenant of good faith and fair dealing, act in the best interests of such Person or its Affiliates, employees, employers, agents and representatives (subject to the
limitations set forth above in this Section 10.5.4). The Keystone Member (and any Manager appointed by the Keystone Member) shall not be obligated to recommend or take any action that prefers the interests of the Company or its
Subsidiaries or any of their respective equityholders (including the Members) over the interests of such Person or its Affiliates, employees, employers, agents or representatives, and each of the Company and each Member hereby waives the fiduciary
duties, if any, of such Person to the Company and/or its Members, including in the event of any such conflict of interest or otherwise. 

  
 30 

 ARTICLE 11 

MISCELLANEOUS 
 11.1
Additional Documents. At any time and from time to time after the date of this Agreement, upon the request of the Board of Managers, the Members shall do and perform, or cause to be done and performed, all such additional acts and deeds, and
shall execute, acknowledge, and deliver, or cause to be executed, acknowledged, and delivered, all such additional instruments and documents, as may be required to effectuate the purposes and intent of this Agreement. 

11.2 General. This Agreement: (i) shall be governed by and construed in accordance with the laws of the State of Delaware, without
regard to principles of conflict of laws; and (ii) may be executed in more than one counterpart as of the day and year first above written. 

11.3 Execution of Papers. The Members, by the execution of this Agreement, irrevocably constitutes and appoints the Senior Manager, each
other member of the Board of Managers and/or any Person designated by the Board of Managers to act on each such Member’s behalf for purposes of this Section 11.3 each such Member’s true and lawful attorney-in-fact with full power and authority in such Member’s name, place, and stead to execute, acknowledge, deliver, swear to, file, and record at the appropriate
public offices the following documents as may be necessary or appropriate to carry out the provisions of this Agreement: 
 11.3.1 all
certificates and other instruments (specifically including counterparts of this Agreement), and any amendment thereof, that the Board of Managers deems appropriate to qualify or continue the Company as a limited liability company in any jurisdiction
in which the Company may conduct business or in which such qualification or continuation is, in the opinion of the Board of Managers, necessary to protect the limited liability of the Members; 

11.3.2 [all amendments to this Agreement adopted in accordance with the terms hereof; ]and 

11.3.3 all conveyances and other instruments that the Board of Managers deems appropriate to reflect the dissolution of the Company. 

The appointment by the Members of each member of the Board of Managers and/or any Person designated by the Board of Managers as each such
Member’s attorney-in-fact shall be deemed to be a power coupled with an interest, in recognition of the fact that the Members will be relying upon the power of the
Board of Managers to act as contemplated by this Agreement in any filing and other action by the Members on behalf of the Company, and shall survive and shall not be affected by the subsequent disability, incapacity, the bankruptcy, dissolution,
death, adjudication of incompetence or insanity of the Member. 
 11.4 Gender and Number. Whenever required by the context, as used in
this Agreement the singular number shall include the plural, the plural shall include the singular, and all words herein in any gender shall be deemed to include the masculine, feminine and neuter genders. 

  
 31 

 11.5 Severability. Except as otherwise provided in the succeeding sentence, every
term and provision of this Agreement is intended to be severable, and if any term or provision of this Agreement is illegal or invalid for any reason whatsoever, such illegality or invalidity shall not affect the legality or validity of the
remainder of this Agreement. The preceding sentence shall be of no force or effect if the consequence of enforcing the remainder of this Agreement without such illegal or invalid term or provision would be to cause any party to lose the benefit of
its economic bargain. 
 11.6 Headings. The headings used in this Agreement are used for administrative convenience only and do not
constitute substantive matter to be considered in construing the terms of this Agreement. 
 11.7 Benefits of Agreement; No Third-Party
Rights. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of the Company or by any creditor of any Member, and nothing in this Agreement shall be deemed to create any right in any Person (other
than the Persons entitled to indemnification as set forth in Article 10 and the fiduciary duty disclaimer provisions set forth in Section 10.5) not a party hereto, and this Agreement shall not be construed in any
respect to be a contract in whole or in part for the benefit of any third Person. 
 11.8 Amendments. Except as provided in
Section 3.8.1, this Agreement may be amended, modified, or waived only by the prior written consent of the Board of Managers and Members holding a majority of the Common Units; provided, (a) that no amendment of this
Agreement that adversely affects the rights of any indemnitee under Article 10 with respect to acts or omissions of such indemnitee at any time prior to such amendment shall apply to such indemnitee without the written consent of such indemnitee,
(b) no amendment may modify any provision of Section 3.8 in a manner that is adverse to the holders of any series of Preferred Units without the prior written consent of the holders of a majority of the outstanding
Preferred Units of such series (or Common Units into which such Preferred Units have been converted), including, for the avoidance of doubt and notwithstanding the “except as” clause at the beginning of this
Section 11.8, no amendment to the last sentence of Section 3.8.1(a) that is adverse to the holders of any series of Preferred Units without the prior written consent of the holders of a majority of
the outstanding Preferred Units of such series (or Common Units into which such Preferred Units have been converted), (c) no amendment may modify Section 3.9 in any material respect without the prior written consent of the
holders of a majority of the then outstanding Series A and B Preferred Units (or Common Units into which such Preferred Units have been converted), voting as a single class, and the then outstanding Series D Preferred Units (or Common Units into
which such Preferred Units have been converted), (d) in the event the Keystone Member is eligible to designate a Keystone Board Designee pursuant to Section 5.1.1(b) of Exhibit 5.1, no amendment of this Agreement may
modify Section 4.1, this Section 11.8 or Exhibit 5.1 without the consent of the Keystone Member, (e) in the event the TrueBridge Members are eligible to designate a TrueBridge Board
Designee pursuant to Section 5.1.1(c) of Exhibit 5.1, no amendment of this Agreement may modify Section 4.1, this Section 11. 8, or Exhibit 5.1 without the
consent of the holders of a majority of the then outstanding Series D Preferred Units (or Common Units into which such Preferred Units have been converted) and (f) no amendment of this Agreement may modify any of the terms and conditions of
this Agreement which terms and conditions expressly require the approval or action of certain Persons without obtaining the consent of the requisite 

  
 32 

 
number or specified percentage of such Persons who are entitled to approve or take action on such matter. Notwithstanding the foregoing, any amendment that would require any Member to contribute
or loan additional funds to the Company or impose personal liability upon any Member shall not be effective against such Member without its written consent. For purposes of clause (b) of this Section 11.8, the Series C
Preferred Units shall be treated as a single series, except in the case where an amendment is adverse to the Series C-2 Preferred Units and not the Series C-1 Preferred
Units, in which case the Series C-2 Preferred Units shall be treated as a separate series. 
 11.9
Counterparts. This Agreement may be executed simultaneously in two or more separate counterparts, any one of which need not contain the signatures of more than one party, but each of which shall be an original and all of which together shall
constitute one and the same agreement binding on all the parties hereto. 
 11.10 Addresses and Notices. All notices, demands or other
communications to be given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given or made when (a) delivered personally to the recipient, (b) sent by facsimile to the
recipient (with hard copy sent to the recipient by reputable overnight courier service (charges prepaid) that same day) if sent by facsimile before 5:00 p.m. New York time on a Business Day, and otherwise on the next Business Day, or (c) one
Business Day after being sent to the recipient by reputable overnight courier service (charges prepaid). Such notices, demands and other communications shall be sent to the address for such recipient set forth on Schedule A attached hereto, or in
the Company’s books and records, or to such other address or to the attention of such other person as the recipient party has specified by prior written notice to the sending party. Any notice to the Board of Managers or the Company shall be
deemed given if received by the Managing Member at the principal office of the Company set forth on Schedule A. 
 11.11 Complete
Agreement. This Agreement and the other agreements referred to herein embody the complete agreement of the parties and supersede any prior understandings, agreements or representations, written or oral, which may have related to the subject
matter hereof and thereof. 
 [SIGNATURE PAGE FOLLOWS] 

  
 33 

 IN WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of the date
first written above. 
 BOARD OF MANAGERS: 
  

	
	  
 Robert H. Alpert

	
	  

	C. Clark Webb
	
	  

	William F. Souder, Jr.
	
	  

	Jeff Gehl
	
	  

	Scott Gwilliam

 [Signatures continue on following page] 

							
	MEMBERS:	 	        	  	P10 HOLDINGS, INC.
				
		 		  	By:	 	              

		 		  	Name:
		 		  	Title:
			
		 		  	KEYSTONE CAPITAL XXX, LLC
				
		 		  	By:	 	              

		 		  	Name:
		 		  	Title:
			
		 		  	TRUEBRIDGE COLONIAL FUND,
		 		  	U/A DATED 11/15/2015
				
		 		  	By:	 	
                 

		 		  	Name:
		 		  	Title:
			
		 		  	MAW MANAGEMENT CO.
				
		 		  	By:	 	
                     

		 		  	Name:
		 		  	Title:

 Exhibit 1 

DEFINED TERMS 

“Acquisition” shall mean the acquisition of property or assets or capital stock of any Person by the Company or any of its
Subsidiaries. 
 “Acquisition EBITDA” means the EBITDA generated by the property, assets or Person in an Acquisition for
the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the completion of such Acquisition. 

“Act ” shall mean the Delaware Limited Liability Company Act, 6 Del. L. §
18-101, et seq., as it may be amended from time to time, and any successor thereto. 

“Affiliate” means, with respect to a Person, (i) any Person directly or indirectly controlling, controlled by or under
common control with such Person, (ii) any Person owning or controlling directly or indirectly ten percent (10%) or more of the outstanding voting securities of such Person, (iii) any officer, director, manager or partner of such Person, or
(iv) any officer, director, manager or partner of a Person described in the foregoing clauses (i) or (ii). An Entity shall be deemed to be an Affiliate of the Company if the Company, directly or indirectly, has twenty five percent (25)% or
greater voting power with respect to the Entity. 
 “Agreement” means this Second Amended and Restated Limited Liability
Company Agreement of the Company dated as of the TrueBridge Closing Date, including all of the attached Exhibits, Annexes and Schedules, as amended from time to time. 

“Annex” references mean an annex to this Agreement. 

“Appraisal Firm” is defined in Section 3.8.3(b). 

“Appraiser Valuation” is defined in Section 3.8.3(c). 

“Assumed Liabilities” means (i) all obligations of P10 Parent pursuant to that certain Contribution and Exchange
Agreement, dated as of October 5, 2017 (the “RCP2 Acquisition Agreement”), by and among P10 Parent and each of the members of RCP Advisors 2, LLC, a Delaware limited liability company, a party thereto, (ii) all obligations
of P10 Parent pursuant to that certain Membership Interest Purchase Agreement, dated as of October 5, 2017 (the “RCP3 Acquisition Agreement”), by and among P10 Parent and each of the members of RCP Advisors 3, LLC, a Delaware
limited liability company, a party thereto and (iii) the fees, costs and expenses related to the FP Acquisition; provided that in the case of clauses (i) and (ii), there shall be excluded all notes payable issued by P10 Parent pursuant to
and in connection with the RCP2 Acquisition Agreement or the RCP3 Acquisition Agreement and the obligation to make the “Amortization Benefit Payments (as defined in the RCP3 Acquisition Agreement) (such notes payable and obligation, the
“RCP Seller Obligations”). 

 “Assumed Tax Rate” as of an applicable date of determination of Fair Market
Redemption Value means the Company is liable for U.S. federal, state and local income taxes in future periods with respect to its projected income in such future periods (at the tax rates in effect and known to be coming into effect as of the
applicable valuation date) as if it were treated as a taxable U.S. corporation with the same tax attributes (including net operating loss carryovers) as P10 Parent has as of the applicable valuation date (taking into account any future termination
or phase down of such tax attributes or their carryover that would be applicable to P10 Parent). 
 “Available Cash” means
all cash and cash equivalents of the Company that the Board of Managers determines is available for distribution to the Members, after taking into account amounts determined by the Board of Managers to be reasonably necessary or advisable to be
retained by the Company to meet actual or anticipated expenses, capital investments, working capital needs or liabilities (actual, contingent or otherwise) of the Company (including, without limitation, Management Services obligations owed to a
Member) or to create reasonable reserves for any of the foregoing. 
 “Bankruptcy” is defined in
Section 8.3. 
 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act. 
 “Board of
Managers” or “Board” is defined in Section 5.1. 
 “Board
Valuation” is defined in Section 3.8.3(c). 
 “Business Day” means Monday through Friday
of each week, except that a legal holiday recognized as such by the government of the United States or the State of Texas shall not be regarded as a Business Day. 

“Call Option” is defined in Section 3.3(b). 

“Call Option Purchase Agreement” means a purchase agreement containing representations and warranties substantially similar
to the representations and warranties contained in the Series B Preferred Unit Purchase Agreement, dated as of April 1, 2020, by and between Keystone and the Company, and other customary provisions related to the exercise of the Call Option,
including that the obligation for the Company to issue, and Keystone to purchase, the Series B Preferred Units related to such Option Exercise is contingent on the concurrent closing of the applicable Acquisition. 

“Capital Contribution” means with respect to the Member, the amount of money plus the Fair Market Value of any property (net
of liabilities assumed or to which the property is subject) contributed to the Company pursuant to the terms of this Agreement. 

“Certificate” means the Certificate of Formation of the Company and any and all amendments thereto and restatements thereof
filed on behalf of the Company with the office of the Secretary of State of the State of Delaware pursuant to the Act. 

  
 Ex. 1-2 

 “Change of Control” means (a) the consummation of any transaction or
series of related transactions (including, without limitation, any merger, consolidation or business combination), the result of which is that any Person or “group” (within the meaning of Section 13(d)(3) of the Exchange Act),
excluding the Permitted Holders, becomes the Beneficial Owner, directly or indirectly, of more than fifty percent (50%) of the Voting Stock of New P10 Parent, P10 Parent or the Company, measured by voting power rather than number of shares or
(b) the sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the assets of P10 Parent and its subsidiaries or the
Company and its subsidiaries, in each case taken as a whole. 
 “Change of Control Redemption” is defined in
Section 3.8.2(c). 
 “CofC Redemption Amount” is defined in
Section 3.8.2(c). 
 “Code” means the Internal Revenue Code of 1986, as amended from time to
time, and the corresponding provisions of any future federal tax law. 
 “Common Unitholder” means a holder of Common
Units. 
 “Common Units” is defined in Section 3.1.1. 

“Company” means P10 Intermediate Holdings LLC, a Delaware limited liability company. 

“Company Notice” is defined in Section 3.3(b). 

“Confidential Session” is defined in Section 5.5.1. 

“Conversion” is defined in Section 3.8.2(a). 

“Conversion Notice” is defined in Section 3.8.2(d). 

“Credit Documents” means (a) the Credit and Guaranty Agreement, dated October 7, 2017, by and among P10 RCP
Holdco, LLC, as borrower, P10 Parent and certain of its subsidiaries, as guarantors, various lenders, and HPS Investment Partners, LLC, as administrative agent and collateral agent, as amended by the First Amendment to Credit and Guaranty Agreement
and Limited Consent, dated January 3, 2018, the Second Amendment to Credit and Guaranty Agreement, dated as of November 21, 2018, the Limited Consent, dated as of January 16, 2020, the Third Amendment to Credit and Guaranty Agreement
and Limited Consent, dated as of April 1, 2020 and the Fourth Amendment to Credit and Guaranty Agreement, dated as of [•], 2020 and as may be further amended, restated, extended, renewed or otherwise modified from time to time (all of the
foregoing, the “HPS Credit Agreement”), and the other “Credit Documents” as defined in the HPS Credit Agreement, as amended (the HPS Credit Agreement and such other “Credit Documents,” collectively, the
“HPS Documents”) and (b) any other documents and agreements that amend, restate, extend, renew, supplement or otherwise modify, refund, replace or refinance the HPS Documents. 

“Default Causing Put” is defined in Section 3.8.3(a). 

“Definitive Agreement” is defined in Section 3.3(b). 

  
 Ex. 1-3 

 “Designated FP Directors” is defined in
Section 5.4. 
 “Designated TrueBridge Managers” is defined in
Section 5.7. 
 “EAP” is defined in the introductory paragraph to this Agreement. 

“EBITDA” means, with respect to any Person for any period, the consolidated net income of such person plus
(i) the consolidated income tax expense of such Person for such period, (ii) the consolidated interest expense of such Person for such period and (iii) the depreciation and amortization expenses of such Person for such period, plus
any pro forma expense and cost reductions or other identifiable synergies for such period as identified in a “quality of earnings” or similar report from a national accounting firm. EBITDA shall be determined from the applicable
Person’s consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles consistently applied. 

“Prior Effective Date” is defined in the Recitals. 

“Entity” means any general partnership, limited partnership, limited liability company, corporation, joint venture, trust,
business trust, cooperative, association, foreign trust or foreign business organization. 
 “Equity Securities” means
(i) any Units, capital stock, partnership, membership or limited liability company interests or other equity interests (including other classes, groups or series thereof having such relative rights, powers and/or obligations as may from time to
time be established by the Board of Managers, including rights, powers and/or obligations different from, senior to or more favorable than existing classes, groups and series of Units, capital stock, partnership, membership or limited liability
company interests or other equity interests, and including any profits interests), (ii) obligations, evidences of indebtedness or other securities or interests convertible or exchangeable into Units, capital stock, partnership interests, membership
or limited liability company interests or other equity interests, and (iii) warrants, options or other rights to purchase or otherwise acquire Units, capital stock, partnership interests, membership or limited liability company interests or
other equity interests. 
 “Exchange” is defined in Section 3.8.2(b). 

“Exchange Notice” is defined in Section 3.8.2(d). 

“Exchange Act” means the Securities Exchange Act of 1934, and the rules and regulations promulgated thereunder, as amended.

 “Excluded Units” means (a) Units, convertible securities and options issued to existing or former officers,
directors, employees or consultants of the Company and its Subsidiaries in exchange for bonafide services provided to the Company and its Subsidiaries pursuant to an equity incentive, stock or unit grant, stock or unit purchase or similar plan or
arrangement existing as of the date hereof or thereafter approved by the Board of Managers, including any Units issuable upon exercise of any such convertible security or option or settlement of any award issued under any such plan or arrangement
and (b) Units issuable to the Members on the TrueBridge Closing Date as provided in this Agreement. 

  
 Ex. 1-4 

 “Exhibit” references mean an exhibit to this Agreement. 

“ Fair Market Value ” means, with respect to any asset or securities, the fair market value for such assets or securities as
between a willing buyer and a willing seller in an arm’s length transaction occurring on the date of valuation, taking into account all relevant factors determinative of value, as determined in good faith by the Board of Managers. 

“Fair Market Redemption Value” with respect to any Units being redeemed by the Company pursuant to
Section 3.8.3 means the price that the Units would be bought and sold for in a transaction between a willing buyer and a willing seller in an arm’s length transaction, each having all relevant knowledge, occurring on
the date of valuation, taking into account all relevant factors determinative of value (provided, for the avoidance of doubt, such valuation shall not take into account any marketability or liquidity discounts or any premium related to the size of
the block of Units being sold, shall not take into account the market price of the shares of P10 Parent Common Stock on the pink sheets, and shall assume the Company is liable for U.S. federal, state and local income taxes in future periods with
respect to its projected income in such future periods at the Assumed Tax Rate); provided, that if the Units being redeemed are Preferred Units, the Fair Market Redemption Value shall be the greater of (A) the Fair Market Redemption Value of
such Preferred Units (assuming such Preferred Units are converted into Common Units in a Conversion and have zero accrued undistributed preferred return determined pursuant to Section 4.1.2) and (B) the Issue Price with
respect to such Preferred Units, in each case plus the amount of any accrued undistributed preferred return with respect to such Preferred Units, determined pursuant to Section 4.1.2 through the date of such determination;
provided further, that if the shares of New P10 Parent Common Stock or P10 Parent Common Stock, as the case may be, are listed on a National Securities Exchange at the time of such redemption, then the Fair Market Redemption Value of the Units being
redeemed (under clause (A) above only) shall be determined by multiplying (i) in the case of the shares of New P10 Parent Common Stock so listed, (x) the number of shares of New P10 Parent Common Stock into which such Units to be
redeemed would be exchangeable pursuant to Section 3.8.2(b) by (y) the daily volume-weighted average closing trading price of the shares of New P10 Parent Common Stock on the National Securities Exchange on which such
shares are listed or admitted to trading for the twenty (20) Trading Days ending two (2) Trading Days before the date of such redemption and (ii) in the case of the shares of P10 Parent Common Stock so listed, (x) the number of
Units to be redeemed pursuant to Section 3.8.3 multiplied by (y) the P10 Parent Share Equivalent multiplied by (z) the daily volume-weighted average closing trading price of the shares of P10 Parent Common Stock
on the National Securities Exchange on which such shares are listed or admitted to trading for the twenty (20) Trading Days ending two (2) Trading Days before the date of such redemption. 

“First Amended and Restated Agreement” is defined in the Recitals. 

“Fiscal Year” means the fiscal year of the Company, which shall be the calendar year, or such other fiscal year as determined
by the Board of Managers or such shorter period as otherwise required by the Code. 
 “Five Points” means Five Points
Capital, Inc., a North Carolina corporation. 
 “Five Points Board” is defined in Section 5.4.

  
 Ex. 1-5 

 “Five Points Members” means the FP Persons and Project Star LLC and their
transferees acquiring Units in a Permitted Transfer described in any of clauses (i) through (v) of the definition of Permitted Transfer. 

“FP Acquisition” means acquisition of all of the shares of Five Points pursuant to the Sale and Purchase Agreement, dated as
of January 16, 2020, by and among Five Points, David G. Townsend, Trustee of the David G. Townsend Revocable Living Trust Agreement dated September 9, 2004, Martin P. Gilmore, Trustee of the Martin Paul Gilmore 2008 Revocable Trust dated
March 17, 2008, Thomas H. Westbrook and Christopher N. Jones, David G. Townsend (in his capacity as the Seller Representative), the Company, and P10 Parent, solely for purposes of Section 11.12 of such agreement, as the same may be
amended, supplemented or otherwise modified from time (the “FP Purchase Agreement”). 
 “FP Purchase
Agreement” is defined in the definition of FP Acquisition. 
 “Fully Diluted Basis” means as if all securities
eligible for conversion into or exercisable or exchangeable for Units had been converted or exercised in full (excluding (a) any Units that may be issued upon the exercise of options under any equity incentive plan if such options have not
vested and (b) any Units that may be issued upon the settlement of restricted equity units under any equity incentive plan if such restricted equity units have not vested). 

“HPS Documents” is defined in the definition of “Credit Documents.” 

“HSR Act” is defined in Section 9.6. 

“Indemnified Persons” is defined in Section 9.1. 

“Investors” means collectively the Five Points Members, the Keystone Members, the RCP Members, the TrueBridge Members and
FPLLC. 
 “Issuance Notice” is defined in Section 3.3(c). 

“ Issue Price” means $3.00 per Preferred Unit, except that for the Series D Preferred Units it means $3.30 per Preferred
Unit. 
 “Keystone” is defined in the introductory paragraph to this Agreement. 

“ Keystone Member ” means Keystone and its transferees acquiring Units in a Permitted Transfer described in any of clauses
(i) through (v) of the definition of Permitted Transfer. 
 “Keystone Board Observer” is defined in
Section 5.5. 
 “Leverage Ratio” means the “Leverage Ratio”, as such term is defined in
the HPS Credit Agreement, or any substantially equivalent successor term in any subsequent Credit Documents described in clause (b) of the definition of the term “Credit Documents” herein, in each case measured as of the date of
determination, based on the “Annualized Adjusted Consolidated EBITDA” as such term is defined in the HPS Credit Document (or other applicable EBITDA measure as per the terms of such ratio under any subsequent Credit Documents) in respect
of the 

  
 Ex. 1-6 

 
financial period specified therein most recently ended for which financial statements of the Company have been delivered under the Credit Documents, and adjusted on a pro forma basis to the
extent provided in Section 6.8(d) of the HPS Credit Agreement or the successor pro forma adjustment provision applicable under any subsequent Credit Documents described in clause (b) of the definition of such term herein. 

“Liquidation Preference” is defined in Section 9.2. 

“Management Services” is defined in Section 5.6. 

“MAW” is defined in the introductory paragraph to this Agreement. 

“Member” shall mean any Common Unitholder, any Series A Preferred Unitholder, any Series B Preferred Unitholder, any Series C
Preferred Unitholder, any Series D Preferred Unitholder and any other classes of Members established by the Board of Managers in accordance with the terms of this Agreement. 

“ National Securities Exchange” means the New York Stock Exchange, the NYSE AMEX Equities or the Nasdaq Stock Market (or any
successor thereof). 
 “New P10 Parent ” means a newly formed Delaware corporation which, upon consummation of an Uplist
Event or Public Offering, will own all of the equity interests in P10 Parent, and the former stockholders of P10 Parent will be stockholders in New P10 Parent. 

“New P10 Parent Common Stock” means the common stock of New P10 Parent. 

“New Securities” means all Equity Securities in the Company or its Subsidiaries other than (a) Excluded Units; (b) Units
issued on a pro rata basis as a unit dividend or upon any unit split or other subdivision of units; (c) Units issued as consideration in connection with an Acquisition, including Equity Securities issued to P10 Parent in connection with the
contribution of assets, property or capital stock of any Person to the Company, but only under circumstance in which P10 Parent acquired such assets, property or capital stock in exchange for P10 Parent stock; (d) Units issued pursuant to a
Public Offering, or convertible securities or Units issuable upon exercise or conversion of convertible securities issued pursuant to a Public Offering, in each case with aggregate proceeds of at least $50,000,000; (e) Series B Preferred Units
issued pursuant to the Call Option; (g) Series D Preferred Units issued pursuant to Section 3.1(g) or Section 3.2(e) of the TrueBridge Purchase Agreement; and (h) Units issued upon exercise or conversion of convertible securities
with respect to which the Investors previously had the opportunity to exercise the preemptive rights set forth in Section 3.3(c). 

“Objection Notice” is defined in Section 3.8.3(b). 

“Offered Securities” is defined in Section 3.3(c). 

“Option Issue Price” means $3.00 per Series B Preferred Unit. 

“P10 Member” means P10 Parent in its capacity as a Common Unitholder. 

  
 Ex. 1-7 

 “P10 Parent” is defined in the introductory paragraph to this Agreement.

 “P10 Parent Common Stock” means the common stock, par value $0.001 per share, of P10 Parent. 

“P10 Parent Share Equivalent” means one share of P10 Parent Common Stock, subject to adjustment as provided in
Section 3.8.2(e)(ii). 
 “Permitted Holders” means (i) New P10 Parent and its subsidiaries,
(ii) P10 Parent and its subsidiaries, (iii) the RCP Members, their owners and beneficiaries and any of their or their owners’ or beneficiaries’ respective family members, heirs or estates or any trust or other Persons controlled
by or for the benefit of any such RCP Member, owner, beneficiary, family member, heir or estate, (iv) 210/P10 Acquisition Partners, LLC, a Texas limited liability company, and its Affiliates and (v) Robert Alpert and C. Clark Webb and any of
their respective family members, heirs or estates or any trust or other Persons controlled by or for the benefit of any of Robert Alpert, C. Clark Webb, or any such family member, heir or estate. 

“Permitted Transfer” means (i) a transfer pursuant to the will of a deceased Member that is a natural person,
(ii) a transfer by a Member that is an entity, other than the P10 Member, to its direct equity owners, (iii) a transfer to a trust established by or for the benefit of a Member of which only such Member and/or his or her immediate family
members are beneficiaries, (iv) a transfer to any Person established for the benefit of, and beneficially owned and controlled by, a Member, (v) a transfer to an entity all of the equity owners of which are employees of Five Points, or a
transfer to an entity all of the equity owners of which are employees of TrueBridge, including estate planning vehicles, and (vi) any pledge by a Member in connection with any indebtedness of the P10 Member or any of its Affiliates. 

“Person” means an individual, partnership, joint venture, association, corporation, trust, estate, limited liability company,
limited liability partnership, or any other legal entity. 
 “Preemptive Period” is defined in
Section 3.3(c). 
 “ Preferred Units” means the Series A Preferred Units, the Series B Preferred
Units, the Series C Preferred Units and the Series D Preferred Units. 
 “Preferred Unitholder” means a holder of Preferred
Units. 
 “Prior Agreement” is defined in the Recitals. 

“Pro Rata Share” means, with respect to an Investor, the quotient obtained by dividing (a) the number of Units owned by such
Investor by (b) the number of Units outstanding on a Fully Diluted Basis. In the event that the Keystone Member is purchasing additional Series B Preferred Units pursuant to the Call Option in Section 3.3(b)
concurrently with the purchase of New Securities pursuant to Section 3.3(c), then clauses (a) and (b) of the immediately preceding sentence shall include such number of Series B Preferred Units to be purchased pursuant
to the Call Option in calculating the Pro Rata Share of the Keystone Member. 

  
 Ex. 1-8 

 “Public Offering” means an initial public offering of the capital stock of
New P10 Parent, P10 Parent, the Company or any Subsidiary. 
 “Purchase Notice” is defined in
Section 3.3(c). 
 “Qualified Public Offering” means an underwritten Public Offering of the
capital stock of New Parent that implies a pro forma market capitalization of at least $750 million (as determined by the underwriters in the public offering) and includes an offering of at least $75 million which includes a secondary
offering with respect to (i) shares otherwise to be held by Keystone Member equal to at least $15 million (or such lesser amount as agreed to by the Keystone Member), (ii) shares otherwise to be held by the Five Points Members of at least
44.67% of the secondary offering amount to be sold by Keystone Member and (iii) shares otherwise to be held by the TrueBridge Members of at least $15 million (or such lesser amount as agreed to by the TrueBridge Members); provided, for the
avoidance of doubt, that all of the Keystone Member’s, the Five Points Members’ and the TrueBridge Members’ Units that are not exchanged and sold in such secondary offering shall be exchanged into shares of New Parent Common Stock
pursuant to Section 3.8.2(b). 
 “RCP Members” means Thomas P. Danis, Jr. as Trustee of the
Thomas P. Danis, Jr. Revocable Living Trust dated March 10, 2003, as amended, Jeff P. Gehl as Trustee of the Jeff P. Gehl Living Trust dated January 25, 2011, Charles K. Huebner as Trustee of the Charles K. Huebner Trust dated
January 16, 2001, Souder Family LLC, a Delaware limited liability company, Jon I. Madorsky as Trustee of the Jon I. Madorsky Revocable Trust dated December 1, 2008, David McCoy, Alexander Abell, Michael Feinglass, Andrew Nelson and Nell
Blatherwick, and their transferees acquiring Units in a Permitted Transfer described in any of clauses (i) through (v) of the definition of Permitted Transfer. 

“RCP Seller Obligations” is defined in the definition of “Assumed Liabilities.” 

“RCP2 Acquisition Agreement” is defined in the definition of “Assumed Liabilities.” 

“RCP3 Acquisition Agreement” is defined in the definition of “Assumed Liabilities.” 

“Redeemed Units” is defined in Section 3.8.3(b). 

“Redeeming Holder” is defined in Section 3.8.3(b). 

“Redeeming Holder Valuation” is defined in Section 3.8.3(c). 

“Redemption” is defined in Section 3.8.3(b). 

“ Schedule” references mean a schedule to this Agreement unless the context clearly requires otherwise. 

“Securities Act” means the Securities Act of 1933, as amended. 

“Senior Manager” is defined in Section 5.3. 

  
 Ex. 1-9 

 “ Series A, B and D Preferred Units” means collectively the Series A
Preferred Units, the Series B Preferred Units and the Series D Preferred Units. 
 “Series A, B and D Preferred Unitholder”
means a holder of Series A, B and D Preferred Units. 
 “Series A Board Observer” is defined in
Section 5.5.1. 
 “Series A Preferred Units” is defined in
Section 3.1.1. 
 “Series A Preferred Unitholder” means a holder of Series A Preferred Units.

 “Series B Preferred Units” is defined in Section 3.1.1. 

“Series B Preferred Unitholder” means a holder of Series B Preferred Units. 

“Series C Preferred Units” is defined in Section 3.1.1. 

“Series C Preferred Unitholder” means a holder of Series C Preferred Units (including, for the avoidance of doubt, a holder
of Series C-1 Preferred Units or Series C-2 Preferred Units). 

“Series C-2 Preferred Unitholder” means a holder of Series C-2 Preferred Units. 
 “Series D Preferred Units” is defined in
Section 3.1.1. 
 “Series D Preferred Unitholder” means a holder of Series D Preferred Units.

 “Subsidiary” means any Person that is controlled, either directly or indirectly, by the Company. 

“Trading Day” means a day on which the principal National Securities Exchange on which the shares of New P10 Parent Common
Stock or P10 Parent Common Stock, as the case may be, are listed or admitted to trading is open for the transaction of business. 

“Transfer” means a sale, assignment, pledge, encumbrance, abandonment, disposition or other transfer and may be used either
as a verb or a noun. 
 “TrueBridge” means TrueBridge Capital Partners LLC, a Delaware limited liability company. 

“TrueBridge Board” is defined in Section 5.7. 

“TrueBridge Board Observer” is defined in Section 5.5.3. 

“TrueBridge Closing Date” is defined in the introductory paragraph to this Agreement. 

“TrueBridge Members” means EAP and MAW and their transferees acquiring Units in a Permitted Transfer described in any of
clauses (i) through (v) of the definition of Permitted Transfer (which, for this purpose and for Permitted Transfers, further includes transferees that would be a Permitted Transfer if Edwin Poston and/or Mel A. Williams were a TrueBridge
Member). 

  
 Ex. 1-10 

 “TrueBridge Purchase Agreement” is defined in
Section 7.4. 
 “Unit” means an ownership interest in the Company including any and all benefits
to which the holder of such Units may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement, including all Common Units, Series A Preferred Units, Series B
Preferred Units, Series C Preferred Units, Series D Preferred Units or Units of any other class of the Company. 

“Unitholder” means a holder of Units. 

“Uplist Event” means the listing of New P10 Parent Common Stock on a National Securities Exchange. 

“Voting Stock” of any specified Person as of any date means the capital stock of such Person that is at the time entitled
(without reference to the occurrence of any contingency) to vote in the election of the directors, managers or trustees of such Person. 

  
 Ex. 1-11 

 Exhibit 5.1 

BOARD OF MANAGERS 
 5.1.1.
Number; Voting Rights. 
 (a) The Board of Managers shall consist of six (6) members. Subject to
Section 5.1.11, the Board of Managers may increase or decrease the number of Managers from time to time upon a majority vote of the Board of Managers; provided that the Board of Managers shall have no fewer than five
(5) Managers at any time. Each Manager shall serve until such time until his or her death or resignation from the Board of Managers, or until his or her removal from the Board of Managers as set forth in Section 5.1.2
of this Exhibit. As of the TrueBridge Closing Date, the Managers shall be Robert H. Alpert, C. Clark Webb, William F. Souder, Jr., Jeff Gehl, Scott Gwilliam and [Edwin Poston / Mel A. Williams]. 

(b) So long as the Keystone Member owns or holds at least 75% of the Series B Preferred Units (including, for this purpose, any Common Units
that were converted from Series B Preferred Units) owned or held by it on the Prior Effective Date, one of the Managers shall be designated by Keystone; provided, however, that if the size of the Board of Managers is increased to nine (9) or
more Managers, then two of the Managers shall be designated by the Keystone Member (each person designated by the Keystone Member, a “Keystone Board Designee”). For the avoidance of doubt, the Keystone Board Designee as of the date
hereof is Scott Gwilliam. 
 (c) So long as the TrueBridge Members own or hold at least 50% of the Series D Preferred Units (including, for
this purpose, any Common Units that were converted from Series D Preferred Units) owned or held by them on the TrueBridge Closing Date, one of the Managers shall be designated by the TrueBridge Members; provided, however, that if the size of the
Board of Managers is increased to nine (9) or more Managers, then two of the Managers shall be designated by the TrueBridge Members (each person designated by the TrueBridge Members, a “TrueBridge Board Designee”). For the
avoidance of doubt, the TrueBridge Board Designee as of the date hereof is [Edwin Poston / Mel A. Williams]. 
 (d) Each of the Managers
shall have one (1) vote on all Company matters put to the vote of the Board of Managers. 
 5.1.2. Resignation: Removal of a Manager; Vacancies.

 (a) Resignation. A Manager may resign at any time by giving written notice to that effect to the Board of Managers. Any such
resignation shall take effect at the time of the receipt of such notice or any later effective time specified in such notice, and, unless otherwise specified in such notice, the acceptance of the resignation shall not be necessary to make it
effective. In the event that the Keystone Member no longer owns or holds 75% of the Series B Preferred Units (including, for this purpose, any Common Units that were converted from Series B Preferred Units) owned or held by it on the Prior Effective
Date, then any Keystone Board Designee shall immediately resign. In the event that the TrueBridge Members no longer own or hold 50% of the Series D Preferred Units (including, for this purpose, any Common Units that were converted from Series D
Preferred Units) owned or held by them on the Prior Effective Date, then any TrueBridge Board Designee shall immediately resign. 

 (b) Removal. The P10 Member may remove and replace any Manager (other than the
Keystone Board Designee(s) and the TrueBridge Board Designee(s)) at any time, with or without cause. The Keystone Member may remove and replace any Keystone Board Designee(s) at any time, with our without cause. The TrueBridge Members may remove and
replace any TrueBridge Board Designee(s) at any time, with or without cause. 
 (c) Vacancies. In the event of a vacancy on the Board
of Managers, the P10 Member shall elect a Manager to fill each vacancy; provided, that (i) if the Keystone Member has the right to designate a Keystone Board Designee and the vacancy was caused by the death, resignation or removal of a
Keystone Board Designee (other than pursuant to the penultimate sentence of Section 5.1.2(a)) or the vacancy was due to the authorization by the Board of Directors of a newly created ninth Manager, then such vacancy shall be
filled by the Keystone Member and (ii) if the TrueBridge Members have the right to designate a TrueBridge Board Designee and the vacancy was caused by the death, resignation or removal of a TrueBridge Board Designee (other than pursuant to the
last sentence of Section 5.1.2(a)), then such vacancy shall be filled by the TrueBridge Members. 
 5.1.3 Meetings. Meetings
of the Board of Managers may be held at any time and at any place within or without the State of Delaware designated in the notice of the meeting, when called by the Senior Manager or any other Manager, notice thereof being given to each Manager by
the Secretary or by the Senior Manager pursuant to Section 5.1.4. Notwithstanding the foregoing, meetings of the Board of Managers shall be held no less frequently than quarterly, unless otherwise elected by majority vote
of the Board of Managers. 
 5.1.4. Notice. It shall be reasonable and sufficient notice to a Manager to send notice in person by overnight delivery,
by facsimile or by telephone at least forty-eight (48) hours before the meeting. Notice of a meeting need not be given to any Manager if a written waiver of notice, executed by such Manager before or after the meeting, is filed with the records
of the meeting, or to any Manager who attends the meeting without protesting prior thereto or at its commencement the lack of proper notice to such Manager. Neither notice of a meeting nor a waiver of a notice need specify the purposes of the
meeting. 
 5.1.5. Quorum. Except as may be otherwise provided by law, at any meeting of the Board of Managers, Managers then in office holding not
fewer than a majority of the votes shall constitute a quorum. Any meeting may be adjourned from time to time by a majority of the votes cast upon the question, whether or not a quorum is present, and the meeting may be held as adjourned without
further notice. 
 5.1.6. Action by Vote. Subject to Sections 5.1.11 and 5.1.12 a quorum is present at any meeting, the vote of not fewer than
a majority of the quorum shall be the act of the Board of Managers. 

  
 Ex. 5.1-2 

 5.1.7. Action Without a Meeting. Any action required or permitted to be taken at any meeting of the
Board of Managers may be taken without a meeting if all the Managers consent thereto in writing, and such writing or writings are filed with the records of the meetings of the Board of Managers. Such consent shall be treated for all purposes as the
act of the Board of Managers. 
 5.1.8. Participation in Meetings by Conference Telephone. Managers may participate in a meeting of the Board of
Managers by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other or by any other means permitted by law. Such participation shall constitute presence in
person at such meeting. 
 5.1.9. Compensation. In the discretion of the Board of Managers, each Manager (other than a Manager who is a full-time
employee of the Company) may be paid such fees for such Manager’s services as Manager and be reimbursed for such Manager’s reasonable expenses incurred in the performance of such Manager’s duties as Manager as the Board of Managers
from time to time may determine. Nothing contained in this Section shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation therefor. 

5.1.10. Committees. The Board of Managers may designate one or more committees, with each committee to consist of one or more of the Managers of the
Company; provided, that for so long as the Keystone Member has the right to designate any Managers to the Board pursuant to Section 5.1.1(b), the Keystone Board Designee(s) will have proportionate representation (but no less than
one member) on each committee, subject to applicable law and listing requirements. 
 5.1.11. Special Approval Matters by Keystone Board Designee.
Notwithstanding anything in the Agreement to the contrary, neither the Company (including the Board of Managers) nor any of its controlled Subsidiaries (including the board of managers, board of directors or similar governing bodies thereof) shall
take any of the following actions without the prior written approval (including via e-mail) of at least the Keystone Board Designee (or, if there are two Keystone Board Designees, at least one
(1) Keystone Board Designee): 
 (a) adversely alter or change the rights, preferences or privileges of the Series B Preferred Units;

 (b) create (by reclassification or otherwise) any new class or series of equity interests having rights, preferences or privileges senior
to or on parity with the Series B Preferred Units; 
 (c) increase or decrease the authorized number of Series B Preferred Units; 

(d) issue any additional Series B Preferred Units; 

(e) except as provided in Sections 3.8.2 and 3,8.3, effect an exchange, reclassification or cancellation of the Series B Preferred
Units; 
 (f) authorize or issue any shares of any capital stock or other equity securities (other than ordinary course issuances of
management equity included in an approved budget); 
 (g) amend, alter or repeal any provision of the Company’s or any of its controlled
Subsidiary’s organizational documents (including this Agreement) (or approve any amendment, alteration or repeal of any provision of a non-controlled Subsidiary) in a manner that adversely affects the
Series B Preferred Units or the rights of any of the holders of the Series B Preferred Units; 

  
 Ex. 5.1-3 

 (h) declare or pay any dividend or distribution other than (i) from a Subsidiary of the
Company to the Company or another wholly-owned Subsidiary of the Company, (ii) from a non-controlled Subsidiary to its owners as required by such Subsidiary’s governing documents, (iii) from a
controlled Subsidiary that is not wholly-owned as required by such Subsidiary’s governing documents and (iv) distributions on the Preferred Units or distributions permitted under Section 4.1; 

(i) enter into or modify a material transaction with an Affiliate; 

(j) except as provided in Sections 3.8.2 and 3,8.3, redeem, acquire, purchase or otherwise retire for value (except in connection with
repurchases under any equity incentive programs upon termination of employment to the extent permitted by the terms of the indebtedness of Company and its Subsidiaries) any equity of the Company or its controlled Subsidiaries, or approve any
redemption, acquisition, purchase or otherwise retirement for value of any equity of a non-controlled Subsidiary; 

(k) adopt or amend the annual budget, including any compensation increases for the executive team; 

(l) except as provided in the budgeted approved in clause (k), make capital expenditures in excess of $5,000,000 in a calendar year; 

(m) increase the Company’s and its controlled Subsidiaries’ aggregate indebtedness to any amount that would cause the Company’s
Leverage Ratio to exceed 5.0:1.0 on a pro forma basis for such incurrence and the use of proceeds thereof; 
 (n) except as provided in the
budget approved in clause (k), enter into or consummate any acquisition or sale, divestiture, merger or transfer of assets in excess of $5,000,000 in any one transaction (or series of related transactions), or in the aggregate in any 12-month period, other than any acquisition, sale, divestiture or transfer that constitutes a Change of Control; 

(o) enter into any contract that would prohibit or materially restrict the Company’s ability to perform any of its obligations under the
FP Purchase Agreement or any agreement contemplated by the FP Purchase Agreement, including this Agreement and any agreement for the issuance of Preferred Units on the Prior Effective Date; 

(p) materially alter the Company’s principal line of business; 

(q) change the size of the Board; 

(r) settle or compromise any claim in excess of $5,000,000 by or against the Company or any of its Subsidiaries; 

(s) effect any voluntary liquidation, dissolution or winding up of the Company or any of its controlled Subsidiaries; 

  
 Ex. 5.1-4 

 (t) select, hire or terminate the employment of the Company’s chief executive officer
or chief financial officer (or modify the employment terms of those individuals); or 
 (u) approve any of the foregoing with respect to a non-controlled Subsidiary. 
 5.1.12 Special Approval Matters by TrueBridge Board Designee. Notwithstanding anything
in the Agreement to the contrary, neither the Company (including the Board of Managers) nor any of its controlled Subsidiaries (including the board of managers, board of directors or similar governing bodies thereof) shall take any of the following
actions without the prior written approval (including via e-mail) of at least the TrueBridge Board Designee (or, if there are two TrueBridge Board Designees, at least one (1) TrueBridge Board Designee):

 (a) adversely alter or change the rights, preferences or privileges of the Series D Preferred Units; 

(b) create (by reclassification or otherwise) any new class or series of equity interests having rights, preferences or privileges senior to or
on parity with the Series D Preferred Units; 
 (c) increase or decrease the authorized number of Series D Preferred Units; 

(d) issue any additional Series D Preferred Units; 

(e) except as provided in Sections 3.8.2 and 3,8.3, effect an exchange, reclassification or cancellation of the Series D Preferred
Units; 
 (f) [intentionally omitted] 

(g) amend, alter or repeal any provision of the Company’s or any of its controlled Subsidiary’s organizational documents (including
this Agreement) (or approve any amendment, alteration or repeal of any provision of a non-controlled Subsidiary) in a manner that adversely affects the Series D Preferred Units or the rights of any of the
holders of the Series D Preferred Units; 
 (h) [intentionally omitted] 

(i) enter into or modify a material transaction with an Affiliate of the Company or P10 Parent other than compensation arrangements with
officers and other employees of P10 Parent or its subsidiaries in the ordinary course of business; 
 (j) [intentionally omitted] 

(k) [intentionally omitted] 
 (l)
[intentionally omitted] 
 (m) [intentionally omitted] 

(n) [intentionally omitted] 

  
 Ex. 5.1-5 

 (o) enter into any contract that would prohibit or materially restrict the Company’s
ability to perform any of its obligations under the TrueBridge Purchase Agreement or any agreement contemplated by the TrueBridge Purchase Agreement, including this Agreement and any agreement for the issuance of Preferred Units on the TrueBridge
Closing Date; 
 (p) materially alter the Company’s principal line of business; 

(q) [intentionally omitted]; 
 (r)
[intentionally omitted] 
 (s) [intentionally omitted] 

(t) select, hire or terminate the employment of the Company’s chief executive officer (or modify the employment terms of that individual
in any material respect); or 
 (u) approve any of the foregoing with respect to a non-controlled
Subsidiary. 
 In addition, if the Keystone Member no longer has the right to designate a Keystone Board Designee or the Keystone Board Member otherwise
does not have any of the approval rights under Section 5.1.11, each of (i) the TrueBridge Board Designee shall also have all of the approval rights set forth in Section 5.1.11, as if they were added to this Section 5.1.12 and
(ii) one member of the Board of Managers designated by the holders of Series C-1 Preferred Units (the “RCP Designee”) shall also have all of the approval rights set forth in Section 5.1.11.

  
 Ex. 5.1-6 

 Exhibit 5.3 

OFFICERS 
 5.3.1. Officers.
Officers and agents of the Company, if any, shall be appointed by the Board of Managers from time to time in its discretion. An officer may be but none (other than the Chief Executive Officer who shall be the Senior Manager) need be a Manager. Any
two or more offices may be held by the same person. Any officer may be required by the Board of Managers to secure the faithful performance of the officer’s duties to the Company by giving bond in such amount and with sureties or otherwise as
the Board of Managers may determine. 
 5.3.2. Powers. Subject to the limitations set forth in Section 5.3 of the Agreement,
each officer shall have, in addition to the duties and powers herein set forth, the duties and powers set forth in Section 5.3 of the Agreement or delegated to such officer as provided in said
Section 5.3. 
 5.3.3. Election. Officers may be elected by the Board of Managers at any time. At any time or from time to
time the Board of Managers may delegate to any officer their power to elect or appoint any other officer or any agents. 
 5.3.4. Tenure. Subject to
Section 5.2 of the Agreement, each officer shall hold office until the first meeting of the Board of Managers following the beginning of the next Fiscal Year and until such officer’s respective successor is chosen and
qualified unless a shorter period shall have been specified by the terms of such officer’s election or appointment, or in each case until such officer sooner dies, resigns, is removed or becomes disqualified. Each agent shall retain their
authority at the pleasure of the Board of Managers, or the officer by whom such agent was appointed or by the officer who then holds agent appointive power. 

5.3.5. Resignation; Removal; Vacancies. Any officer or agent may resign by delivering a written letter of resignation to the Senior Manager, the
Secretary or to the Board of Managers which resignation shall not require acceptance and, unless otherwise specified in the letter of resignation, shall be effective upon receipt. The Board of Managers or the officer appointing the officer or agent
may remove any officer or agent at any time without giving any reason for such removal and no officer or agent or shall be entitled to any damages by virtue of such officer’s removal from office or such position as agent. If any office becomes
vacant, the position may be filled by the Board of Managers or in such other manner as the officer in question was appointed. 
 5.3.6. President and Vice
Presidents. The Senior Manager, or if he is unavailable, his designee, shall preside, or designate the person who shall preside, at all meetings of the Member. 

The Senior Manager shall be the Chief Executive Officer and President and shall have direct charge of all business operations of the Company and, subject to
the control of the Board of Managers, shall have general charge and supervision of the business of the Company. 
 Any vice presidents shall have duties as
shall be designated from time to time by the Board of Managers or by the Senior Manager. 

  
 Ex. 5.3-1 

 5.3.7. Treasurer and Assistant Treasurers. Unless the Board of Managers otherwise specifies, the
Treasurer shall be the chief financial officer of the Company and shall be in charge of its funds and valuable papers, and shall have such other duties and powers as may be designated from time to time by the Board of Managers or the Senior Manager.
If no Controller is elected, the Treasurer shall, unless the Board of Managers or otherwise specifies, also have the duties and powers of the Controller. 

Any Assistant Treasurers shall have such duties and powers as shall be designated from time to time by the Board of Managers or the Senior Manager. 

5.3.8. Controller and Assistant Controllers. If a Controller is elected, the Controller shall, unless the Board of Managers otherwise specifies, be the
chief accounting officer of the Company and be in charge of its books of account and accounting records, and of its accounting procedures. The Controller shall have such other duties and powers as may be designated from time to time by the Board of
Managers or the Senior Manager. 
 Any Assistant Controller shall have such duties and powers as shall be designed from time to time by the Board of
Managers or the Senior Manager. 
 5.3.9. Secretary and Assistant Secretaries. The Secretary shall record all proceedings of the members and the Board
of Managers in a book or series of books to be kept therefor and shall file therein all actions by written consent of the Board of Managers. In the absence of the Secretary from any meeting, an Assistant Secretary, or if there be one or no Assistant
Secretary is present, a temporary secretary chosen at the meeting, shall record the proceedings thereof. The Secretary shall keep or cause to be kept records, which shall contain the names and record addresses of all members. The Secretary shall
have such other duties and powers as may from time to time be designated by the Board of Managers or the Senior Manager. 
 Any Assistant Secretaries shall
have such duties and powers as shall be designated from time to time by the Board of Managers or the Senior Manager. 
 5.3.10 Execution of Papers.
Except as the Board of Managers may generally or in particular cases authorize the execution thereof in some other manner, and subject to the limitations set forth in Section 5.3 of the Agreement, all deeds, leases,
transfers, contracts, bonds, notes, checks, drafts or other obligations made, accepted or endorsed by the Company shall be signed by the Senior Manager, a Vice President or the Treasurer. 

5.3.11. Initial Officers. The initial officers of the Company as of the Prior Effective Date, who shall serve pursuant to Sections 5.3.4 and
5.3.5 of this Exhibit 5.3 shall be as follows: 
  

			
	Office	  	Name
	Senior Manager, President and Chief Executive Officer	  	William F. Souder, Jr.
		
	Vice President	  	Jeff P. Gehl
		
	Treasurer and Controller	  	Andrew Nelson
		
	Secretary	  	Nell Blatherwick

  
 Ex. 5.3-2 

 Schedule A 

SCHEDULE OF MEMBERS OF 

P10 INTERMEDIATE HOLDINGS, LLC 

As of [•], 2020 

 Exhibit C 

Form of Notice 

 Exhibit D 

Form of Company LLC Agreement 

 Exhibit E 

Form of Press Release

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