Document:

EX-10.1

 Exhibit 10.1 

PURCHASE AGREEMENT 

May 19, 2016 
 J.P. Morgan Securities LLC

     As Representative of the Initial Purchasers 

383 Madison Avenue 
 New York, New York 10179 

Ladies and Gentlemen: 
 Introductory.
Tempur Sealy International, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to J.P. Morgan Securities LLC (“J.P. Morgan”) and the other several Initial Purchasers named in Schedule A (the
“Initial Purchasers”), acting severally and not jointly, the respective amounts set forth in such Schedule A of $600,000,000 aggregate principal amount of the Company’s 5.500% Senior Notes due 2026 (the
“Notes”). J.P. Morgan has agreed to act as the representative of the several Initial Purchasers (the “Representative”) in connection with the offering and sale of the Notes. 

The Securities (as defined below) will be issued pursuant to an indenture, to be dated as of the Closing Date (as defined in
Section 2 hereof) (the “Indenture”), among the Company, the Guarantors (as defined below) and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”). Notes will be issued only in book-entry
form in the name of Cede & Co., as nominee of The Depository Trust Company (the “Depositary”) pursuant to a letter of representations, to be dated on or before the Closing Date (the “DTC Agreement”),
between the Company and the Depositary. 
 The payment of principal of, premium, if any, and interest on the Notes will be
fully and unconditionally guaranteed on a senior unsecured basis, jointly and severally by (i) the entities listed on the signature pages hereof as “Guarantors” on the Closing Date (as defined below) and (ii) any Subsidiary (as
defined below) of the Company formed or acquired after the Closing Date that executes an additional guarantee in accordance with the terms of the Indenture (collectively, (i) and (ii) and their respective successors and assigns, being
referred to herein as the “Guarantors”), pursuant to their guarantees (the “Guarantees”). The Notes and the Guarantees are herein collectively referred to as the “Securities”; and the Exchange Notes
(as defined below) and the Guarantees are herein collectively referred to as the “Exchange Securities.” 

The holders of the Notes will be entitled to the benefits of a registration rights agreement, to be dated on or prior to the Closing
Date (the “Registration Rights Agreement”), among the Company, the Guarantors and the Initial Purchasers, pursuant to which the Company and the Guarantors will be required to file with the Commission (as defined below), under the
circumstances set forth therein, (i) a registration statement under the Securities Act (as defined below) relating to another series of debt securities of the Company with terms substantially identical to the Notes (the “Exchange
Notes”) to be offered in exchange for the Notes (the “Exchange Offer”) and/or (ii) a shelf registration statement pursuant to Rule 415 of the  

 
Securities Act relating to the resale by certain holders of the Notes, and in each case, to use its reasonable best efforts to cause such registration statement(s) to be declared effective. All
references herein to the Exchange Notes and the Exchange Offer are only applicable if the Company and the Guarantors are in fact required to consummate the Exchange Offer pursuant to the terms of the Registration Rights Agreement. 

The (i) issuance and sale of the Notes, (ii) issuance of the Guarantees, (iii) execution of the Registration Rights
Agreement and the Indenture, (iv) repayment of the Company’s existing $375.0 million aggregate principal amount of 6.825% Senior Notes due 2020 as described in the Pricing Disclosure Package (as defined below) and (v) payment of all
related fees and expenses are referred to herein collectively as the “Transactions.” 
 This Agreement, the
Registration Rights Agreement, the DTC Agreement, the Securities, the Exchange Securities and the Indenture are referred to herein collectively as the “Transaction Documents.” 

For purposes of this Agreement, “Subsidiary” means, in respect of any person, any corporation, company (including any
limited liability company), association, partnership, joint venture or other business entity of which a majority of the total voting power of all classes of capital stock or other interests (including partnership interests) of that person then
outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by (i) that person,
(ii) that person and one or more Subsidiaries of that person, or (iii) one or more Subsidiaries of that person.  

The Company understands that the Initial Purchasers propose to make an offering of the Securities on the terms and in the manner set
forth herein and in the Pricing Disclosure Package and agrees that the Initial Purchasers may resell, subject to the conditions set forth herein, all or a portion of the Securities to purchasers (the “Subsequent Purchasers”) on the
terms set forth in the Pricing Disclosure Package (the first time when sales of the Securities are made is referred to as the “Time of Sale”). The Securities are to be offered and sold to or through the Initial Purchasers without
being registered with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933 (as amended, the “Securities Act,” which term, as used herein, includes the rules and regulations of
the Commission promulgated thereunder), in reliance upon exemptions therefrom. Pursuant to the terms of the Securities and the Indenture, investors who acquire Securities shall be deemed to have agreed that Securities may only be resold or otherwise
transferred, after the date hereof, if such Securities are registered for sale under the Securities Act or if an exemption from the registration requirements of the Securities Act is available (including the exemptions afforded by Rule 144A under
the Securities Act (“Rule 144A”) or Regulation S under the Securities Act (“Regulation S”)). 

The Company has prepared and delivered to each Initial Purchaser copies of a Preliminary Offering Memorandum, dated May 19, 2016
(the “Preliminary Offering Memorandum”), and has prepared and delivered to each Initial Purchaser copies of a Pricing Supplement, dated May 19, 2016 (the “Pricing Supplement”), describing the terms of the
Securities, each for use by such Initial Purchaser in connection with its solicitation of offers to purchase the Securities. The Preliminary Offering Memorandum and the Pricing Supplement are 

  
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herein referred to as the “Pricing Disclosure Package.” Promptly after this Agreement is executed and delivered, the Company will prepare and deliver to each Initial
Purchaser a final offering memorandum dated the date hereof (the “Final Offering Memorandum”). 
 All
references herein to the terms “Pricing Disclosure Package” and “Final Offering Memorandum” shall be deemed to mean and include all information filed under the Securities Exchange Act of 1934 (as amended, the “Exchange
Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder) prior to the Time of Sale and specifically incorporated by reference in the Pricing Disclosure Package (including the Preliminary
Offering Memorandum) or the Final Offering Memorandum (as the case may be), and all references herein to the terms “amend,” “amendment” or “supplement” with respect to the Final Offering Memorandum
shall be deemed to mean and include all information filed under the Exchange Act after the Time of Sale and incorporated by reference in the Final Offering Memorandum. 

The Company hereby confirms its agreements with the Initial Purchasers as follows: 

SECTION 1. Representations and Warranties. Each of the Company and the Guarantors, jointly and severally, hereby represents,
warrants and covenants to each Initial Purchaser that, as of the date hereof and as of the Closing Date (references in this Section 1 to the “Offering Memorandum” are to (x) the Pricing Disclosure Package in the case of
representations and warranties made as of the date hereof and (y) the Final Offering Memorandum in the case of representations and warranties made as of the Closing Date): 

(a) No Registration Required. Subject to compliance by the Initial Purchasers with the representations and warranties set forth
in Section 2 hereof and with the procedures set forth in Section 7 hereof, it is not necessary in connection with the offer, sale and delivery of the Securities to the Initial Purchasers and to each Subsequent Purchaser in the manner
contemplated by this Agreement and the Offering Memorandum to register the Securities under the Securities Act or, until such time as the Exchange Securities are issued pursuant to an effective registration statement, to qualify the Indenture under
the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder). 

(b) No Integration of Offerings or General Solicitation. None of the Company, its affiliates (as such term is defined in Rule 501
under the Securities Act) (each, an “Affiliate”), or any person acting on its or any of their behalf (other than the Initial Purchasers, as to whom the Company makes no representation or warranty) has, directly or indirectly,
solicited any offer to buy or offered to sell, or will, directly or indirectly, solicit any offer to buy or offer to sell, in the United States or to any United States citizen or resident, any security which is or would be integrated with the sale
of the Securities in a manner that would require the Securities to be registered under the Securities Act. None of the Company, its Affiliates, or any person acting on its or any of their behalf (other than the Initial Purchasers, as to whom the
Company makes no representation or warranty) has engaged or will engage, in connection with the offering of the Securities, in any form of general solicitation or general advertising within the meaning of Rule 502 under the Securities Act. With
respect to those Securities sold in reliance upon Regulation S, (i) none of the Company, its Affiliates or any person acting on its or their behalf (other than  

  
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the Initial Purchasers, as to whom the Company makes no representation or warranty) has engaged or will engage in any directed selling efforts within the meaning of Regulation S and
(ii) each of the Company and its Affiliates and any person acting on its or their behalf (other than the Initial Purchasers, as to whom the Company makes no representation or warranty) has complied and will comply with the offering restrictions
set forth in Regulation S. 
 (c) Eligibility for Resale under Rule 144A. When issued on the Closing Date, the Securities will
be eligible for resale pursuant to Rule 144A and will not be, at the Closing Date, of the same class as securities listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in a U.S. automated interdealer
quotation system. 
 (d) The Pricing Disclosure Package and Offering Memorandum. Neither the Pricing Disclosure Package,
as of the Time of Sale, nor the Final Offering Memorandum, as of its date or (as amended or supplemented in accordance with Section 3(a), as applicable) as of the Closing Date, contains or represents an untrue statement of a material fact or
omits to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation, warranty and agreement shall not
apply to statements in or omissions from the Pricing Disclosure Package, the Final Offering Memorandum or any amendment or supplement thereto made in reliance upon and in conformity with information furnished to the Company in writing by any Initial
Purchaser through the Representative expressly for use in the Pricing Disclosure Package, the Final Offering Memorandum or any amendment or supplement thereto, as the case may be. The Pricing Disclosure Package contains, and the Final Offering
Memorandum will contain, all the information specified in, and meeting the requirements of, Rule 144A. The Company has not distributed and will not distribute, prior to the later of the Closing Date and the completion of the Initial Purchasers’
distribution of the Securities, any offering material in connection with the offering and sale of the Securities other than the Pricing Disclosure Package and the Final Offering Memorandum. 

(e) Company Additional Written Communications. The Company has not prepared, made, used, authorized, approved or distributed and
will not prepare, make, use, authorize, approve or distribute any written communication that constitutes an offer to sell or solicitation of an offer to buy the Securities other than (i) the Pricing Disclosure Package, (ii) the Final
Offering Memorandum and (iii) any electronic road show or other written communications, in each case used in accordance with Section 3(a). Each such communication by the Company or its agents and representatives pursuant to clause
(iii) of the preceding sentence (each, a “Company Additional Written Communication”), when taken together with the Pricing Disclosure Package, did not as of the Time of Sale, and at the Closing Date will not, contain any untrue
statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that this representation,
warranty and agreement shall not apply to statements in or omissions from each such Company Additional Written Communication made in reliance upon and in conformity with information furnished to the Company in writing by any Initial Purchaser
through the Representative expressly for use in any Company Additional Written Communication. 

  
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 (f) Incorporated Documents. The documents incorporated or deemed to be incorporated
by reference in the Offering Memorandum at the time they were or hereafter are filed with the Commission (collectively, the “Incorporated Documents”) complied and will comply in all material respects with the requirements of the
Exchange Act. Each such Incorporated Document, when taken together with the Pricing Disclosure Package, did not as of the Time of Sale, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material
fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. 

(g) The Purchase Agreement. This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.
 
 (h) The Registration Rights Agreement; DTC Agreement. The Registration Rights Agreement has been duly authorized by
the Company and the Guarantors and, on the Closing Date, will have been duly executed and delivered by, and will constitute a valid and binding agreement of, the Company and the Guarantors, enforceable in accordance with its terms, except as the
enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. The DTC Agreement has been duly
authorized by the Company and, on the Closing Date, will have been duly executed and delivered by, and will constitute a valid and binding agreement of, the Company, enforceable in accordance with its terms, except as the enforcement thereof may be
limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles.  

(i) Authorization of the Notes and the Exchange Notes. The Notes to be purchased by the Initial Purchasers from the Company will
on the Closing Date be in the form contemplated by the Indenture, have been duly authorized for issuance and sale pursuant to this Agreement and the Indenture and, at the Closing Date, will have been duly executed by the Company and, when
authenticated in the manner provided for in the Indenture and delivered against payment of the purchase price therefor, will constitute valid and binding obligations of the Company, enforceable in accordance with their terms, except as the
enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles and will be entitled to the benefits of
the Indenture. The Exchange Notes have been duly and validly authorized for issuance by the Company, and when issued and authenticated in accordance with the terms of the Indenture, the Registration Rights Agreement and the Exchange Offer, will
constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium, or similar laws relating
to or affecting enforcement of the rights and remedies of creditors or by general principles of equity and will be entitled to the benefits of the Indenture. 

(j) Authorization of the Indenture. The Indenture (including the Guarantees) has been duly authorized by the Company and the
Guarantors. On the Closing Date, the Indenture (including the Guarantees) will have been duly executed and delivered by the Company and the Guarantors and, assuming the due authorization, execution and delivery thereof by the Trustee, 

  
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will constitute a valid and binding agreement of the Company and the Guarantors, enforceable in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. 

(k) Description of the Transaction Documents. The Transaction Documents will conform in all material respects to the respective
statements relating thereto contained in the Offering Memorandum. 
 (l) No Material Adverse Change. Except as otherwise
disclosed in the Offering Memorandum (exclusive of any amendment or supplement thereto), subsequent to the respective dates as of which information is given in the Offering Memorandum (exclusive of any amendment or supplement thereto):
(i) there has been no material adverse change, or any development that could reasonably be expected to result in a material adverse change, in the condition, financial or otherwise, or in the earnings, business, operations or prospects, whether
or not arising from transactions in the ordinary course of business, of the Company and its Subsidiaries, considered as one entity (any such change is called a “Material Adverse Change”); (ii) the Company and its Subsidiaries,
considered as one entity, have not incurred any material liability or obligation, indirect, direct or contingent, not in the ordinary course of business nor entered into any material transaction or agreement not in the ordinary course of business;
and (iii) there has been no dividend or distribution of any kind declared, paid or made by the Company or, except for dividends paid to the Company or other Subsidiaries, any of its Subsidiaries on any class of capital stock or repurchase or
redemption by the Company or any of its Subsidiaries of any class of capital stock. 
 (m) Independent Accountants.
Ernst & Young LLP, which expressed its opinion with respect to the Company’s financial statements (which term as used in this Agreement includes the related notes thereto) and supporting schedule filed with the Commission and
incorporated by reference in the Offering Memorandum is an independent registered public accounting firm within the meaning of the Securities Act, the Exchange Act and the rules of the Public Company Accounting Oversight Board, and any non-audit
services provided by Ernst & Young LLP to the Company or any of its Subsidiaries have been approved by the Audit Committee of the Board of Directors of the Company.  

(n) Preparation of the Financial Statements. The financial statements, together with the related schedules and notes, included or
incorporated by reference in the Offering Memorandum present fairly in all material respects the consolidated financial position of the entities to which they relate as of and at the dates indicated and the results of their operations and cash flows
for the periods specified. Such financial statements have been prepared in conformity with generally accepted accounting principles as applied in the United States (“GAAP”) applied on a consistent basis throughout the periods
involved, except as may be expressly stated in the related notes thereto. The financial data set forth in the Offering Memorandum under the caption “Summary–Summary Consolidated Financial Data” fairly present in all material respects
the information set forth therein on a basis consistent with that of the audited financial statements contained in the Offering Memorandum. The statistical and market-related data and forward-looking statements included in the Offering Memorandum are based on or derived from sources that the Company believes to be reliable and the Company believes such data is accurate 

  
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in all material respects and represents its good faith estimates that are made on the basis of data derived from such sources. The interactive data in eXtensible Business Reporting Language
included or incorporated by reference in the Offering Memorandum and the Pricing Disclosure Package fairly present the information called for in all material respects and have been prepared in accordance with the Commission’s rules and
guidelines applicable thereto. 
 (o) Incorporation and Good Standing of the Company and its Subsidiaries. Each of the Company
and its Subsidiaries has been duly incorporated or formed, as applicable, and is validly existing as a corporation or limited liability company, as applicable, in good standing under the laws of the jurisdiction of its incorporation or formation, as
applicable, and has corporate, partnership or limited liability company, as applicable, power and authority to own, lease and operate its properties and to conduct its business as described in the Offering Memorandum and, in the case of the Company
and the Guarantors, to enter into and perform its obligations under each of the Transaction Documents to which it is a party. Each of the Company and each Subsidiary is duly qualified as a foreign corporation or limited liability company, as
applicable, to transact business and is in good standing or equivalent status in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except for such
jurisdictions where the failure to so qualify or to be in good standing would not, individually or in the aggregate, result in a Material Adverse Change. All of the issued and outstanding capital stock or other ownership interest of each Subsidiary
has been duly authorized and validly issued, is fully paid and non-assessable and is owned by the Company directly or through Subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance or claim, except as disclosed in
the Offering Memorandum. The Company does not own or control, directly or indirectly, a majority of the total voting power of any corporation, association or other entity other than the Subsidiaries listed in Exhibit 21.1 to the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2016. 
 (p)
Capitalization. At March 31, 2016, on a consolidated basis, after giving effect to the Transactions, the Company would have an authorized and outstanding capitalization as set forth in the Offering Memorandum under the caption
“Capitalization” (other than for subsequent issuances of capital stock, if any, pursuant to employee benefit plans described in the Offering Memorandum or upon exercise of outstanding options described in the Offering Memorandum). 

 (q) Non-Contravention of Existing Instruments; No Further Authorizations or Approvals Required. Neither the Company nor
any of its Subsidiaries is (i) in violation of its charter, bylaws or other constitutive document or (ii) in default (or, with the giving of notice or lapse of time, would be in default) (“Default”) under any indenture,
mortgage, loan or credit agreement, note, contract, franchise, lease or other instrument to which the Company or any of its Subsidiaries is a party or by which it or any of them may be bound (including, without limitation, (a) the
Company’s Indenture dated as of December 19, 2012, among the Company, certain Subsidiaries of the Company as guarantors, and The Bank of New York Mellon Trust Company, N.A., as trustee, as amended, (b) the Company’s Credit
Agreement, dated as of April 6, 2016, among the Company, the additional borrowers party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A., Wells Fargo Bank, N.A. and Fifth Third Bank,
as co-syndication agents, Sumitomo Mitsui Banking Corporation, Bank of Nova Scotia and Mizuho Bank, Ltd., as co-documentation agents, as  

  
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amended and (c) the Company’s Indenture dated as of September 24, 2015 among the Company, certain subsidiaries of the Company as guarantors, and the Bank of New York Mellon
Trust Company, N.A., as trustee, as amended), or to which any of the property or assets of the Company or any of its Subsidiaries is subject (each, an “Existing Instrument”), except, in the case of clause (ii) above, for such
Defaults as would not, individually or in the aggregate, result in a Material Adverse Change and as would not materially adversely affect the transactions contemplated hereby. The execution, delivery and performance of the Transaction Documents by
the Company and the Guarantors party thereto, and the issuance and delivery of the Securities and the Exchange Securities, and consummation of the Transactions contemplated hereby and thereby and by the Offering Memorandum (i) have been duly
authorized by all necessary corporate action and will not result in any violation of the provisions of the charter, bylaws or other constitutive document of the Company or any Subsidiary, (ii) will not conflict with or constitute a breach of,
or Default or a Debt Repayment Triggering Event (as defined below) under, or result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of the Company or any of its Subsidiaries pursuant to, or require the
consent of any other party to, any Existing Instrument, and (iii) will not result in any violation of any law, administrative regulation or administrative or court decree applicable to the Company or any Subsidiary, except, in the case of
clauses (ii) and (iii) of this sentence, for such conflicts, breaches, Defaults, Debt Repayment Triggering Events, liens, charges, encumbrances or violations as would not, individually or in the aggregate, result in a Material Adverse
Change. Assuming the Initial Purchasers observe the procedures set forth in Section 7 herein, no consent, approval, authorization or other order of, or registration or filing with, any court or other governmental or regulatory authority or
agency is required for the execution, delivery and performance of the Transaction Documents by the Company and the Guarantors to the extent a party thereto, or the issuance and delivery of the Securities or the Exchange Securities, or consummation
of the Transactions contemplated hereby and thereby and by the Offering Memorandum, except such as have been obtained or made by the Company and are in full force and effect under the Securities Act, applicable securities laws of the several states
of the United States or provinces of Canada and except such as may be required by the securities laws of the several states of the United States or provinces of Canada with respect to the Company’s obligations under the Registration Rights
Agreement. As used herein, a “Debt Repayment Triggering Event” means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness
(or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its Subsidiaries. 

(r) No Material Actions or Proceedings. Except as otherwise disclosed in the Offering Memorandum, there are no legal or
governmental actions, suits or proceedings pending or, to the Company’s knowledge, threatened (i) against or involving the Company or any of its Subsidiaries or (ii) which has as the subject thereof any property owned or leased by,
the Company or any of its Subsidiaries and any such action, suit or proceeding, if determined adversely to the Company or such Subsidiary, that would result in a Material Adverse Change or adversely affect the consummation of the Transactions. No
material labor dispute with the employees of the Company or any of its Subsidiaries exists or, to the Company’s knowledge, is threatened or imminent. To the Company’s knowledge, no material labor dispute with the employees of any principal
supplier of the Company exists or is threatened or imminent. 

  
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 (s) Intellectual Property Rights. Except as otherwise disclosed in the Offering
Memorandum, the Company and its Subsidiaries own or possess or have the right to use on reasonable terms all trademarks, trade names, patent rights, copyrights, licenses, approvals, trade secrets and other similar rights (collectively,
“Intellectual Property Rights”) necessary to conduct their respective businesses as now conducted, as described in the Offering Memorandum, except where the failure to own or possess or have the right to use the same would not,
individually or in the aggregate, result in a Material Adverse Change; and the expected expiration of any of such Intellectual Property Rights would not result in a Material Adverse Change. Neither the Company nor any of its Subsidiaries has
received any notice of infringement or conflict with asserted Intellectual Property Rights of others, which infringement or conflict, if the subject of an unfavorable decision, would result in a Material Adverse Change. 

(t) All Necessary Permits, etc. The Company and each Subsidiary possess such valid and current certificates, authorizations or
permits issued by the appropriate state, federal or foreign regulatory agencies or bodies necessary to own, lease and operate its properties and to conduct their respective businesses, except where the failure so to possess would not, individually
or in the aggregate, result in a Material Adverse Change, and neither the Company nor any Subsidiary has received any notice of proceedings relating to the revocation or modification of, or non-compliance with, any such certificate, authorization or
permit which, singly or in the aggregate, if the subject of an unfavorable decision, ruling or finding, would result in a Material Adverse Change. 

(u) Title to Properties. The Company and each of its Subsidiaries has good and marketable title to all the properties and assets
reflected as owned in the financial statements referred to in Section 1(n) hereof, in each case free and clear of any security interests, mortgages, liens, encumbrances, equities, claims and other defects, except as disclosed in the Offering
Memorandum and except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company or such Subsidiary. The real property,
improvements, equipment and personal property held under lease by the Company or any Subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be
made of such real property, improvements, equipment or personal property by the Company or such Subsidiary. 
 (v) Tax Law
Compliance. Except as otherwise disclosed in the Offering Memorandum, the Company and its Subsidiaries have filed all necessary federal, state and foreign income and franchise tax returns and have paid all taxes required to be paid by any of
them and, if due and payable, any related or similar assessment, fine or penalty levied against any of them except as may be being contested in good faith and by appropriate proceedings and except for such taxes, assessments, fines or penalties the
nonpayment of which would not, individually or in the aggregate, result in a Material Adverse Change. The Company has made adequate charges, accruals and reserves in accordance with GAAP in the applicable financial statements referred to in
Section 1(n) hereof in respect of all federal, state and foreign income and franchise taxes for all periods as to which the tax liability of the Company or any of its Subsidiaries has not been finally determined.  

  
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 (w) Company and Guarantors Not an “Investment Company”. The Company has
been advised of the rules and requirements under the Investment Company Act of 1940, as amended (the “Investment Company Act,” which term, as used herein, includes the rules and regulations of the Commission promulgated thereunder).
Neither the Company nor any Guarantor is, or after receipt of payment for the Securities will be, an “investment company” within the meaning of the Investment Company Act, and the Company and the Guarantors will each conduct its business
in a manner so that it will not become subject to the Investment Company Act. 
 (x) Insurance. Each of the Company and
its Subsidiaries is insured by recognized, financially sound institutions with policies in such amounts and with such deductibles and covering such risks as are generally deemed adequate and customary for their businesses including, without
limitation, policies covering real and personal property owned or leased by the Company and its Subsidiaries against theft, damage, destruction, acts of vandalism, flood and earthquakes. The Company has no reason to believe that it or any Subsidiary
will not be able (i) to renew its existing insurance coverage as and when such policies expire or (ii) to obtain comparable coverage from similar institutions as may be necessary or appropriate to conduct its business as now conducted and
at a cost that would not result in a Material Adverse Change. In the past five years, neither of the Company nor any Subsidiary has been denied any insurance coverage which it has sought or for which it has applied that, individually or in the
aggregate, would result in a Material Adverse Change. 
 (y) No Price Stabilization or Manipulation. None of the Company
or any of the Guarantors has taken and will not take, directly or indirectly, any action designed to or that might be reasonably expected to cause or result in stabilization or manipulation of the price of any security of the Company to facilitate
the sale or resale of the Securities. 
 (z) Solvency. The Company and the Guarantors, taken as a whole, are, and
immediately after the Closing Date will be, Solvent. As used herein, the term “Solvent” means, with respect to any person on a particular date, that on such date (i) the fair market value of the assets of such person is greater
than the total amount of liabilities (including contingent liabilities) of such person, (ii) the present fair salable value of the assets of such person is greater than the amount that will be required to pay the probable liabilities of such
person on its debts as they become absolute and matured, (iii) such person is able to realize upon its assets and pay its debts and other liabilities, including contingent obligations, as they mature and (iv) such person does not have
unreasonably small capital. 
 (aa) Compliance with Sarbanes-Oxley. The Company and its Subsidiaries and their
respective officers and directors are in compliance in all material respects with the applicable provisions of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act,” which term, as used herein, includes the rules and regulations
of the Commission promulgated thereunder). 
 (bb) Company’s Accounting System. The Company and its Subsidiaries
maintain a system of accounting controls that is in compliance with the Sarbanes-Oxley Act and is sufficient to provide reasonable assurances that: (i) transactions are executed in accordance with management’s general or specific
authorization; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain  

  
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accountability for assets; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for
assets is compared with existing assets at reasonable intervals and appropriate action is taken with respect to any differences. 

(cc) Disclosure Controls and Procedures. The Company has established and maintains disclosure controls and procedures (as such
term is defined in Rules 13a-15 and 15d-15 under the Exchange Act); such disclosure controls and procedures are designed to ensure that material information relating to the Company and its Subsidiaries is made known to the chief executive officer
and chief financial officer of the Company by others within the Company or any of its Subsidiaries, and such disclosure controls and procedures are reasonably effective to perform the functions for which they were established subject to the
limitations of any such control system; the Company’s auditors and the Audit Committee of the Board of Directors of the Company have been advised of: (i) any significant deficiencies or material weaknesses in the design or operation of
internal controls which could adversely affect the Company’s ability to record, process, summarize, and report financial data; and (ii) any fraud, whether or not material, that involves management or other employees who have a role in the
Company’s internal controls; and since the date of the most recent evaluation of such disclosure controls and procedures, there have been no significant changes in internal controls or in other factors that could significantly affect internal
controls, including any corrective actions with regard to significant deficiencies and material weaknesses. 
 (dd)
Regulations T, U, X. Neither the Company nor any Guarantor nor any of their respective Subsidiaries nor any agent thereof acting on their behalf has taken, and none of them will take, any action that might cause this Agreement or the issuance
or sale of the Securities to violate Regulation T, Regulation U or Regulation X of the Board of Governors of the Federal Reserve System. 

(ee) Compliance with and Liability Under Environmental Laws. Except as otherwise disclosed in the Offering Memorandum or as would
not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Change: (i) each of the Company and its Subsidiaries and their respective operations and facilities are in compliance with, and not subject to any
known liabilities under, applicable Environmental Laws, which compliance includes, without limitation, having obtained and being in compliance with any permits, licenses or other governmental authorizations or approvals, and having made all filings
and provided all financial assurances and notices, required for the ownership and operation of the business, properties and facilities of the Company or its Subsidiaries under applicable Environmental Laws, and compliance with the terms and
conditions thereof; (ii) neither the Company nor any of its Subsidiaries has received any written communication from a governmental authority, citizens group, employee or otherwise that alleges that the Company or any of its Subsidiaries is in
violation of any Environmental Law; (iii) there is no claim, action or cause of action filed with a court or governmental authority, no investigation with respect to which the Company has received written notice, and no written notice by any
person, entity or governmental authority alleging actual or potential liability on the part of the Company or any of its Subsidiaries based on or pursuant to any Environmental Law pending or, to the best of the Company’s knowledge, threatened
against the Company or any of its Subsidiaries or any person or entity whose liability under or pursuant to any Environmental Law the Company or any of its  

  
 11 

 
Subsidiaries has retained or assumed either contractually or by operation of law; (iv) neither the Company nor any of its Subsidiaries is conducting or paying for, in whole or in part, any
investigation, response or other corrective action pursuant to any Environmental Law at any site or facility, nor is any of them subject or a party to any order, judgment, decree, contract or agreement which imposes any obligation or liability under
any Environmental Law; (v) no lien, charge, encumbrance or restriction has been recorded pursuant to any Environmental Law with respect to any assets, facility or property owned, operated or leased by the Company or any of its Subsidiaries; and
(vi) there are no past or present actions, activities, circumstances, conditions or occurrences, including, without limitation, the Release or threatened Release of any Material of Environmental Concern, that could reasonably be expected to
result in a violation of or liability under any Environmental Law on the part of the Company or any of its Subsidiaries, including without limitation, any such liability which the Company or any of its Subsidiaries has retained or assumed either
contractually or by operation of law. 
 For purposes of this Agreement, “Environment” means ambient air, indoor
air, surface water, groundwater, drinking water, soil, surface and subsurface strata, and natural resources such as wetlands, flora and fauna. “Environmental Laws” means the common law and all federal, state, local and foreign laws
or regulations, ordinances, codes, orders, decrees, judgments and injunctions issued, promulgated or entered thereunder, relating to pollution or protection of the Environment or human health, including without limitation, those relating to
(i) the Release or threatened Release of Materials of Environmental Concern; and (ii) the manufacture, processing, distribution, use, generation, treatment, storage, transport, handling or recycling of Materials of Environmental Concern.
“Materials of Environmental Concern” means any substance, material, pollutant, contaminant, chemical, waste, compound, or constituent, in any form, including without limitation, petroleum and petroleum products, subject to
regulation or which can give rise to liability under any Environmental Law. “Release” means any release, spill, emission, discharge, deposit, disposal, leaking, pumping, pouring, dumping, emptying, injection or leaching into the
Environment, or into, from or through any building, structure or facility. 
 (ff) Periodic Review of Costs of Environmental
Compliance. In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its Subsidiaries, in the course of which it identifies
and evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related
constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not,
individually or in the aggregate, result in a Material Adverse Change.  
 (gg) ERISA Compliance. The Company and its
Subsidiaries and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974 (as amended, “ERISA,” which term, as used herein, includes the regulations and published interpretations
thereunder) established or maintained by the Company, its Subsidiaries or their ERISA Affiliates (as defined below) are in compliance in all material respects with ERISA and, to the knowledge of the Company, each “multiemployer plan” (as
defined in Section 4001 of  

  
 12 

 
ERISA) to which the Company, its Subsidiaries or an ERISA Affiliate contributes (a “Multiemployer Plan”) is in compliance in all material respects with ERISA. “ERISA
Affiliate” means, with respect to the Company or a Subsidiary, any member of any group of organizations described in Section 414 of the Internal Revenue Code of 1986 (as amended, the “Code,” which term, as used herein,
includes the regulations and published interpretations thereunder) of which the Company or such Subsidiary is a member. No “reportable event” (as defined under ERISA) has occurred or is reasonably expected to occur with respect to any
“employee benefit plan” established or maintained by the Company, its Subsidiaries or any of their ERISA Affiliates. No “single employer plan” (as defined in Section 4001 of ERISA) established or maintained by the Company,
its Subsidiaries or any of their ERISA Affiliates, if such “employee benefit plan” were terminated, would have any “amount of unfunded benefit liabilities” (as defined under ERISA) that is material to the Company and its
Subsidiaries, considered as one entity. Neither the Company, its Subsidiaries nor any of their ERISA Affiliates has incurred or reasonably expects to incur any material liability under (i) Title IV of ERISA with respect to termination of, or
withdrawal from, any “employee benefit plan” or (ii) Sections 412, 4971, 4975 or 4980B of the Code. Each “employee benefit plan” established or maintained by the Company, its Subsidiaries or any of their ERISA Affiliates
that is intended to be qualified under Section 401 of the Code is so qualified and nothing has occurred, whether by action or failure to act, which would cause the loss of such qualification. 

(hh) Compliance with Labor Laws. Except as would not, individually or in the aggregate, result in a Material Adverse Change,
(i) there is (A) no unfair labor practice complaint pending or, to the Company’s knowledge, threatened against the Company or any of its Subsidiaries before the National Labor Relations Board, and no grievance or arbitration
proceeding arising out of or under collective bargaining agreements pending, or to the Company’s knowledge, threatened, against the Company or any of its Subsidiaries, (B) no strike, labor dispute, slowdown or stoppage pending or, to the
Company’s knowledge, threatened against the Company or any of its Subsidiaries and (C) no union representation question existing with respect to the employees of the Company or any of its Subsidiaries and, to the Company’s knowledge,
no union organizing activities taking place and (ii) there has been no violation of any federal, state or local law relating to discrimination in hiring, promotion or pay of employees or of any applicable wage or hour laws. 

(ii) Related Party Transactions. No relationship, direct or indirect, exists between or among any of the Company or any Affiliate
of the Company, on the one hand, and any director, officer, member, stockholder, customer or supplier of the Company or any Affiliate of the Company, on the other hand, which is required by the Securities Act to be disclosed in a registration
statement on Form S-1 which is not so disclosed in the Offering Memorandum. There are no outstanding loans, advances (except advances for business expenses in the ordinary course of business) or guarantees of indebtedness by the Company or any
Affiliate of the Company to or for the benefit of any of the officers or directors of the Company or any Affiliate of the Company or any of their respective family members. 

(jj) No Unlawful Contributions or Other Payments. Neither the Company nor any of its Subsidiaries nor, to the knowledge of the
Company, any director, officer, agent, employee or Affiliate of the Company or any of its Subsidiaries is aware of or has (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense relating to

  
 13 

 
political activity; (ii) made or taken an act in furtherance of an offer, promise or authorization of any direct or indirect unlawful payment or benefit to any foreign or domestic
government official or employee , including of any government-owned or controlled entity or of a public international organization, or any person acting in an official capacity for or on behalf of any of the foregoing, or any political party or
party official or candidate for political office; (iii) taken any action, directly or indirectly, that has resulted or would result in a violation by such persons of the Foreign Corrupt Practices Act of 1977, as amended (the
“FCPA”), or any applicable law or regulation implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, or committed an offence under the Bribery Act 2010 of the United
Kingdom, or any other applicable anti-bribery or anti-corruption law, including, without limitation, making use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay or
authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign official” (as such term is defined in the FCPA) or any foreign political party or
official thereof or any candidate for foreign political office, in contravention of the FCPA or taken an act in furtherance of any unlawful bribe or other unlawful benefit, including, without limitation, any rebate, payoff, influence payment,
kickback or other unlawful or improper payment or benefit in violation of applicable anti-bribery or anti-corruption laws; and the Company, its Subsidiaries and, to the knowledge of the Company, its Affiliates have conducted their businesses in
compliance with the applicable anti-bribery and anti-corruption laws and have instituted, maintain and enforce policies and procedures designed to ensure, and which are reasonably expected to continue to ensure, continued compliance therewith.

 (kk) No Conflict with Money Laundering Laws. The operations of the Company and its Subsidiaries are and have been
conducted at all times in compliance in all material respects with applicable financial recordkeeping and reporting requirements of the Currency and Foreign Transactions Reporting Act of 1970, as amended, the money laundering statutes of all
applicable jurisdictions, the rules and regulations thereunder and any related or similar applicable rules, regulations or guidelines issued, administered or enforced by any governmental agency (collectively, the “Money Laundering
Laws”) and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving the Company or any of its Subsidiaries with respect to the Money Laundering Laws is pending or, to the
best knowledge of the Company, threatened. 
 (ll) No Conflict with Sanctions Laws. Neither the Company nor any of its
Subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or Affiliate of the Company or any of its Subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the
U.S. Treasury Department, the U.S. Department of Commerce, 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”), nor is the Company or any of its Subsidiaries located, organized or resident in a country or territory that is the subject of Sanctions. The Company will not, directly or indirectly, use any of the proceeds of the
offering contemplated by this Agreement, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other person, (i) to fund any activities of or business with any person that, at the time of such
funding, is the subject of Sanctions, or is in Crimea, Cuba, Iran, Libya, North Korea, Sudan or in any other country or territory, that, at the time of such funding, is the subject of Sanctions, or (ii) in any other manner that will result in a
violation by any person (including any person participating in the offering, whether as underwriter, advisor, investor or otherwise) of Sanctions. 

  
 14 

 (mm) Regulation S. The Company, the Guarantors and their respective Affiliates and
all persons acting on their behalf (other than the Initial Purchasers, as to whom the Company and the Guarantors make no representation) have complied with and will comply with the offering restrictions requirements of Regulation S in
connection with the offering of the Securities outside the United States and, in connection therewith, the Offering Memorandum will contain the disclosure required by Rule 902. The Company is a “reporting issuer,” as defined in
Rule 902 under the Securities Act. 
 Any certificate signed by an officer of the Company or any Guarantor and delivered to the
Initial Purchasers or to counsel for the Initial Purchasers shall be deemed to be a representation and warranty by the Company or such Guarantor to each Initial Purchaser as to the matters set forth therein. 

SECTION 2. Purchase, Sale and Delivery of the Securities. 

(a) The Securities. Each of the Company and the Guarantors agrees to issue and sell to the Initial Purchasers, severally and not
jointly, all of the Securities, and, subject to the conditions set forth herein, the Initial Purchasers agree, severally and not jointly, to purchase from the Company and the Guarantors the aggregate principal amount of Securities set forth opposite
their names on Schedule A, at a purchase price of 98.75% of the principal amount thereof, payable on the Closing Date, on the basis of the representations, warranties and agreements herein contained, and upon the terms herein set forth. 

(b) The Closing Date. Delivery of certificates for the Securities in global form to be purchased by the Initial Purchasers and
payment therefor shall be made at the offices of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017 (or such other place as may be agreed to by the Company and the Representative) at 9:00 a.m. New York City time, on
May 24, 2016, or such other time and date as the Representative shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”). The Company hereby acknowledges that circumstances
under which the Representative may provide notice to postpone the Closing Date as originally scheduled include, but are in no way limited to, any determination by the Company or the Initial Purchasers to recirculate to investors copies of an amended
or supplemented Offering Memorandum or a delay as contemplated by the provisions of Section 17 hereof. 
 (c) Delivery
of the Securities. The Company shall deliver, or cause to be delivered, to the Representative for the accounts of the several Initial Purchasers certificates for the Notes at the Closing Date against the irrevocable release of a wire transfer of
immediately available funds for the amount of the purchase price therefor. The certificates for the Notes shall be in such denominations and registered in the name of Cede & Co., as nominee of the Depositary, pursuant to the DTC Agreement,
and shall be made available for inspection on the business day preceding the Closing Date at the offices of Davis Polk & Wardwell LLP, 450 Lexington Avenue, New York, NY 10017 (or such other place in New York City as the Representative may
designate).  

  
 15 

 (d) Initial Purchasers as Qualified Institutional Buyers. Each Initial Purchaser
severally and not jointly represents and warrants to, and agrees with, the Company that: 
 (i) it will offer
and sell Securities only to (a) persons who it reasonably believes are “qualified institutional buyers” within the meaning of Rule 144A (“Qualified Institutional Buyers”) in transactions meeting the requirements of
Rule 144A or (b) upon the terms and conditions set forth in Annex I to this Agreement; 
 (ii) it is an
institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act; and 

(iii) it will not offer or sell Securities by any form of general solicitation or general advertising, including but not
limited to the methods described in Rule 502(c) under the Securities Act. 
 SECTION 3. Additional Covenants. Each of the
Company and the Guarantors further covenants and agrees with each Initial Purchaser as follows: 
 (a) Preparation of Final
Offering Memorandum; Initial Purchasers’ Review of Proposed Amendments and Supplements and Company Additional Written Communications. As promptly as practicable following the Time of Sale and in any event not later than the second business
day following the date hereof, the Company will prepare and deliver to the Initial Purchasers the Final Offering Memorandum, which shall consist of the Preliminary Offering Memorandum as modified only by the information contained in the Pricing
Supplement. The Company will not amend or supplement the Preliminary Offering Memorandum or the Pricing Supplement, other than in accordance with Section 3(b) below. The Company will not amend or supplement the Final Offering Memorandum prior
to the Closing Date unless the Representative shall previously have been furnished a copy of the proposed amendment or supplement at least two business days prior to the proposed use or filing, and shall not have objected to such amendment or
supplement. Before making, preparing, using, authorizing, approving or distributing any Company Additional Written Communication, the Company will furnish to the Representative a copy of such written communication for review and will not make,
prepare, use, authorize, approve or distribute any such written communication to which the Representative reasonably objects. 

(b) Amendments and Supplements to the Final Offering Memorandum and Other Securities Act Matters. If at any time prior to the
Closing Date (i) any event shall occur or condition shall exist as a result of which any of the Pricing Disclosure Package as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact
necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement any of the Pricing Disclosure Package to comply with law, the Company
and the Guarantors will, as promptly as possible, notify the Initial Purchasers thereof and forthwith prepare and (subject to Section 3(a) hereof) furnish to the Initial Purchasers such amendments or supplements to any of the Pricing Disclosure
Package as may be necessary so that the statements in any of the Pricing Disclosure Package as so amended or supplemented will not, in the light of the circumstances under which they were made, be misleading or so that any of the Pricing 

  
 16 

 
Disclosure Package will comply with all applicable law. If, prior to the completion of the placement of the Securities by the Initial Purchasers with the Subsequent Purchasers, any event shall
occur or condition exist as a result of which it is necessary to amend or supplement the Final Offering Memorandum, as then amended or supplemented, in order to make the statements therein, in the light of the circumstances when the Final Offering
Memorandum is delivered to a Subsequent Purchaser, not misleading, or if in the reasonable judgment of the Representative or counsel for the Initial Purchasers it is otherwise necessary to amend or supplement the Final Offering Memorandum to comply
with law, the Company and the Guarantors agree to promptly prepare (subject to Section 3(a) hereof) and furnish at their own expense to the Initial Purchasers, amendments or supplements to the Final Offering Memorandum so that the statements in
the Final Offering Memorandum as so amended or supplemented will not, in the light of the circumstances at the Closing Date and at the time of sale of the Securities, be misleading or so that the Final Offering Memorandum, as amended or
supplemented, will comply with all applicable law. 
 Following the consummation of the Exchange Offer or the effectiveness of an applicable
shelf registration statement and for so long as the Securities are outstanding, if, in the reasonable judgment of the Representative, the Initial Purchasers or any of their Affiliates are required under applicable law to deliver a prospectus in
connection with sales of, or market-making activities with respect to, the Securities, the Company and the Guarantors agree to periodically amend the applicable registration statement so that the information contained therein complies with the
requirements of Section 10 of the Securities Act, to amend the applicable registration statement or supplement the related prospectus or the documents incorporated therein when necessary to reflect any material changes in the information
provided therein so that the registration statement and the prospectus will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances
existing as of the date the prospectus is so delivered, not misleading and to provide the Initial Purchasers with copies of each amendment or supplement filed and such other documents as the Initial Purchasers may reasonably request. 

The Company hereby expressly acknowledges that the indemnification and contribution provisions of Sections 8 and 9 hereof are
specifically applicable and relate to each offering memorandum, registration statement, prospectus, amendment or supplement referred to in this Section 3. 

(c) Copies of the Offering Memorandum. The Company agrees to furnish the Initial Purchasers, without charge, as many copies of
the Pricing Disclosure Package and the Final Offering Memorandum and any amendments and supplements thereto as they shall reasonably request. 

(d) Blue Sky Compliance. Each of the Company and the Guarantors shall cooperate with the Representative and counsel for the
Initial Purchasers to qualify or register (or to obtain exemptions from qualifying or registering) all or any part of the Securities for offer and sale under the securities laws of the several states of the United States, the provinces of Canada or
any other jurisdictions designated by the Representative, shall comply with such laws and shall continue such qualifications, registrations and exemptions in effect so long as required for the distribution of the Securities. None of the Company or
any of the Guarantors shall be required to  

  
 17 

 
qualify as a foreign corporation or to take any action that would subject it to general service of process in any such jurisdiction where it is not presently qualified or where it would be
subject to taxation as a foreign corporation. The Company will advise the Representative promptly of the suspension of the qualification or registration of (or any such exemption relating to) the Securities for offering, sale or trading in any
jurisdiction or any initiation or threat of any proceeding for any such purpose, and in the event of the issuance of any order suspending such qualification, registration or exemption, each of the Company and the Guarantors shall use its best
efforts to obtain the withdrawal thereof. 
 (e) Use of Proceeds. The Company shall apply the net proceeds from the sale of the
Securities sold by it in the manner described under the caption “Use of Proceeds” in the Pricing Disclosure Package. 

(f) The Depositary. The Company will cooperate with the Initial Purchasers and use its best efforts to permit the Securities to
be eligible for clearance and settlement through the facilities of the Depositary. 
 (g) Additional Issuer Information.
Prior to the completion of the placement of the Securities by the Initial Purchasers with the Subsequent Purchasers, the Company shall file, on a timely basis, with the Commission and the New York Stock Exchange (the “NYSE”) all
reports and documents required to be filed under Section 13 or 15 of the Exchange Act. Additionally, at any time when the Company is not subject to Section 13 or 15 of the Exchange Act, for the benefit of holders and beneficial owners from
time to time of the Securities, the Company shall furnish, at its expense, upon request, to holders and beneficial owners of Securities and prospective purchasers of Securities information (“Additional Issuer Information”)
satisfying the requirements of Rule 144A(d). 
 (h) Agreement Not To Offer or Sell Additional Securities. During
the period of 90 days following the date hereof, the Company will not, without the prior written consent of J.P. Morgan (which consent may be withheld at the sole discretion of J.P. Morgan), directly or indirectly, sell, offer, contract or grant any
option to sell, pledge, transfer or establish an open “put equivalent position” within the meaning of Rule 16a-1 under the Exchange Act, or otherwise dispose of or transfer, or announce the offering of, or file any registration statement
under the Securities Act in respect of, any debt securities of the Company or securities exchangeable for or convertible into debt securities of the Company (other than as contemplated by this Agreement and to register the Exchange Securities).

 (i) Future Reports to the Initial Purchasers. At any time when the Company is not subject to Section 13 or 15 of
the Exchange Act and any Securities or Exchange Securities remain outstanding, the Company will furnish to the Representative and, upon request, to each of the other Initial Purchasers: (i) as soon as practicable after the end of each fiscal
year, copies of the Company’s balance sheet as of the close of such fiscal year and statements of income, stockholders’ equity and cash flows for the year then ended and the opinion thereon of the Company’s independent public or
certified public accountants; (ii) as soon as practicable after the filing thereof would otherwise be required pursuant to the rules and regulations under Section 13 or 15 of the Exchange Act, copies of each proxy statement, Annual Report
on Form 10-K, Quarterly Report on Form 10-Q, Current Report on Form 8-K or other report that would  

  
 18 

 
otherwise be filed by the Company with the Commission, the Financial Industry Regulatory Authority (“FINRA”) or any securities exchange; and (iii) as soon as available,
copies of any report or communication of the Company mailed generally to holders of its capital stock or debt securities (including the holders of the Securities), if, in each case, such documents are not filed with the Commission within the time
periods specified by the Commission’s rules and regulations under Section 13 or 15 of the Exchange Act. Any filings made by the Company pursuant to this section with the Commission’s Electronic Data Gathering, Analysis, and Retrieval
system (“EDGAR”) shall be deemed to have been furnished to the Representative and the other Initial Purchasers. 

(j) No Integration. The Company agrees that it will not and will cause its Affiliates not to make any offer or sale of securities
of the Company of any class if, as a result of the doctrine of “integration” referred to in Rule 502 under the Securities Act, such offer or sale would render invalid (for the purpose of (i) the sale of the Securities by the Company
to the Initial Purchasers, (ii) the resale of the Securities by the Initial Purchasers to Subsequent Purchasers or (iii) the resale of the Securities by such Subsequent Purchasers to others) the exemption from the registration requirements
of the Securities Act provided by Section 4(a)(2) thereof or by Rule 144A or by Regulation S thereunder or otherwise. 

(k) No General Solicitation or Directed Selling Efforts. The Company agrees that it will not and will not permit any of its
Affiliates or any other person acting on its or their behalf (other than the Initial Purchasers, as to which no covenant is given) to (i) solicit offers for, or offer or sell, the Securities by means of any form of general solicitation or
general advertising within the meaning of Rule 502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act or (ii) engage in any directed selling efforts with respect to
the Securities within the meaning of Regulation S, and the Company will and will cause all such persons to comply with the offering restrictions requirement of Regulation S with respect to the Securities. 

(l) No Restricted Resales. During the one year period after the Closing Date (or such shorter period as may be provided for in Rule 144
under the Securities Act, as the same may be in effect from time to time), the Company will not, and will not permit any of its “affiliates” (as defined in Rule 144 under the Securities Act) to resell any of the Notes that constitute
“restricted securities” under Rule 144 that have been reacquired by any of them. 
 (m) Legended Securities. Each
certificate for a Note will bear the legend contained in “Notice to Investors” in the Preliminary Offering Memorandum for the time period and upon the other terms stated in the Preliminary Offering Memorandum. 

The Representative on behalf of the several Initial Purchasers, may, in its sole discretion, waive in writing the performance by the Company
or any Guarantor of any one or more of the foregoing covenants or extend the time for their performance. 
 SECTION 4. Payment of
Expenses. Each of the Company and the Guarantors agrees to pay all costs, fees and expenses incurred in connection with the performance of its obligations hereunder and in connection with the Transactions, including, without limitation,
(i) all expenses incident to the issuance and delivery of the Securities (including all printing and engraving  

  
 19 

 
costs), (ii) all necessary issue, transfer and other stamp taxes in connection with the issuance and sale of the Securities to the Initial Purchasers, (iii) all fees and expenses of the
Company’s and the Guarantors’ counsel, independent public or certified public accountants and other advisors, (iv) all costs and expenses incurred in connection with the preparation, printing, filing, shipping and distribution of the
Pricing Disclosure Package and the Final Offering Memorandum (including financial statements and exhibits), and all amendments and supplements thereto, and the Transaction Documents, (v) all filing fees, attorneys’ fees and expenses
incurred by the Company, the Guarantors or the Initial Purchasers in connection with qualifying or registering (or obtaining exemptions from the qualification or registration of) all or any part of the Securities for offer and sale under the
securities laws of the several states of the United States, the provinces of Canada or other jurisdictions designated by the Initial Purchasers (including, without limitation, the cost of preparing, printing and mailing preliminary and final blue
sky or legal investment memoranda and any related supplements to the Pricing Disclosure Package or the Final Offering Memorandum), (vi) the fees and expenses of the Trustee, including the fees and disbursements of counsel for the Trustee in
connection with the Indenture, the Securities and the Exchange Securities, (vii) any fees payable in connection with the rating of the Securities or the Exchange Securities with the ratings agencies, (viii) any filing fees incident to, and
any reasonable fees and disbursements of counsel to the Initial Purchasers in connection with the review by FINRA, if any, of the terms of the sale of the Securities or the Exchange Securities, (ix) all fees and expenses (including reasonable
fees and expenses of counsel) of the Company and the Guarantors in connection with approval of the Securities by the Depositary for “book-entry” transfer, and the performance by the Company and the Guarantors of their respective other
obligations under this Agreement and (x) all expenses incident to the “road show” for the offering of the Securities, including the cost of any chartered airplane or other transportation, with such expenses incurred under this clause
(x) subject to a maximum aggregate amount of $300,000 except in respect of expenses approved by the Company in writing. Except as provided in this Section 4 and Sections 6, 8 and 9 hereof, the Initial Purchasers shall pay their own
expenses, including the fees and disbursements of their counsel. 
 SECTION 5. Conditions of the Obligations of the Initial
Purchasers. The obligations of the several Initial Purchasers to purchase and pay for the Securities as provided herein on the Closing Date shall be subject to the accuracy of the representations and warranties on the part of the Company and the
Guarantors set forth in Section 1 hereof as of the date hereof and as of the Closing Date as though then made and to the timely performance by the Company of its covenants and other obligations hereunder, and to each of the following additional
conditions: 
 (a) Accountant’s Comfort Letters. On the date hereof, the Initial Purchasers shall have received from
Ernst & Young LLP, the independent registered public accounting firm for the Company, a “comfort letter” dated the date hereof addressed to the Initial Purchasers, in form and substance satisfactory to the Representative, covering
the financial statements and certain financial information in the Pricing Disclosure Package and other customary matters. In addition, on the Closing Date, the Initial Purchasers shall have received from such accountants a “bring-down comfort
letter” dated the Closing Date addressed to the Initial Purchasers, in form and substance satisfactory to the Representative, in the form of the “comfort letter” delivered on the date hereof, except that (i) such bring-down
comfort letter shall cover the financial statements and certain financial information in the Final Offering Memorandum and any amendment or supplement thereto and (ii) procedures shall be brought down to a date no more than 3 days prior to the
Closing Date. 

  
 20 

 (b) No Material Adverse Change or Ratings Agency Change. For the period from and
after the date of this Agreement and prior to the Closing Date: 
 (i) in the reasonable judgment of the
Representative there shall not have occurred any Material Adverse Change; and 
 (ii) there shall not have occurred any
downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded the Company or any of its
Subsidiaries or any of their securities or indebtedness by any “nationally recognized statistical rating organization” registered under Section 15E of the Exchange Act. 

(c) Opinion of Counsel for the Company. On the Closing Date the Initial Purchasers shall have received the favorable opinions of
Morgan, Lewis & Bockius LLP, Fisher Broyles, LLP, Fredrikson & Byron, P.A., Husch Blackwell, LLP, McGuire Wood & Bissette, LLP and Vorys, Sater, Seymour and Pease LLP, counsel for the Company and the Guarantors, and of the
Company’s General Counsel, each dated as of such Closing Date, the forms of which are attached as Exhibit A. 
 (d)
Opinion of Counsel for the Initial Purchasers. On the Closing Date the Initial Purchasers shall have received the favorable opinion of Davis Polk & Wardwell LLP, counsel for the Initial Purchasers, dated as of such Closing Date, with
respect to such matters as may be reasonably requested by the Initial Purchasers. 
 (e) Officers’ Certificate. On
the Closing Date the Initial Purchasers shall have received a written certificate executed by the Chairman of the Board, Chief Executive Officer or President of the Company and each Guarantor and the Chief Financial Officer or Chief Accounting
Officer of the Company and each Guarantor, dated as of the Closing Date, to the effect set forth in Section 5(b)(ii) hereof, and further to the effect that: 

(i) for the period from and after the date of this Agreement and prior to the Closing Date there has not occurred any Material
Adverse Change; 
 (ii) the representations, warranties and covenants of the Company and the Guarantors set forth in
Section 1 hereof were true and correct as of the date hereof and are true and correct as of the Closing Date with the same force and effect as though expressly made on and as of the Closing Date; and 

(iii) each of the Company and the Guarantors has complied with all the agreements and satisfied all the conditions on its part
to be performed or satisfied at or prior to the Closing Date. 

  
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 (f) Indenture; Registration Rights Agreement. (A) The Company and the
Guarantors shall have executed and delivered the Indenture, in form and substance reasonably satisfactory to the Initial Purchasers, and the Initial Purchasers shall have received executed copies thereof and (B) the Company and the Guarantors
shall have executed and delivered the Registration Rights Agreement, in form and substance reasonably satisfactory to the Initial Purchasers, and the Initial Purchasers shall have received executed copies thereof. 

(g) Additional Documents. On or before the Closing Date, the Initial Purchasers and counsel for the Initial Purchasers shall have
received such information, documents and opinions as they may reasonably require for the purposes of enabling them to pass upon the issuance and sale of the Securities as contemplated herein, or in order to evidence the accuracy of any of the
representations and warranties, or the satisfaction of any of the conditions or agreements, herein contained. 
 If any condition
specified in this Section 5 is not satisfied when and as required to be satisfied, this Agreement may be terminated by the Representative by notice to the Company at any time on or prior to the Closing Date, which termination shall be without
liability on the part of any party to any other party, except that Sections 4, 6, 8 and 9 hereof shall at all times be effective and shall survive such termination. 

SECTION 6. Reimbursement of Initial Purchasers’ Expenses. If this Agreement is terminated by the Representative pursuant to
Section 5 or 10 hereof, including if the sale to the Initial Purchasers of the Securities on the Closing Date is not consummated because of any refusal, inability or failure on the part of the Company to perform any agreement herein or to
comply with any provision hereof, the Company agrees to reimburse the Initial Purchasers, severally, upon demand for all documented out-of-pocket expenses that shall have been reasonably incurred by the Initial Purchasers in connection with the
proposed purchase and the offering and sale of the Securities, including, without limitation, fees and disbursements of counsel, printing expenses, travel expenses, postage, facsimile and telephone charges. 

SECTION 7. Offer, Sale and Resale Procedures. Each of the Initial Purchasers, on the one hand, and the Company and each of the
Guarantors, on the other hand, hereby agree to observe the following procedures in connection with the offer and sale of the Securities: 

(a) Offers and sales of the Securities will be made only by the Initial Purchasers or Affiliates thereof qualified to do so in the
jurisdictions in which such offers or sales are made. Each such offer or sale shall only be made to persons whom the offeror or seller reasonably believes to be Qualified Institutional Buyers or non-U.S. persons outside the United States to whom the
offeror or seller reasonably believes offers and sales of the Securities may be made in reliance upon Regulation S upon the terms and conditions set forth in Annex I hereto, which Annex I is hereby expressly made a part hereof. 

(b) No general solicitation or general advertising (within the meaning of Rule 502 under the Securities Act) will be used in the United States
in connection with the offering of the Securities. 

  
 22 

 (c) Upon original issuance by the Company, and until such time as the same is no longer required
under the applicable requirements of the Securities Act, the Notes (and all securities issued in exchange therefor or in substitution thereof, other than the Exchange Notes) shall bear the following legend: 

“THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED,
SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL INTEREST HEREIN, THE ACQUIRER 

(1) REPRESENTS THAT 

(A) IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF RULE 144A
UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, 
 (B) [IT IS
AN INSTITUTIONAL “ACCREDITED INVESTOR” (WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT) (AN “INSTITUTIONAL ACCREDITED INVESTOR”)] OR 

(C) IT IS NOT A U.S. PERSON (WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT) AND 

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

(A) TO THE ISSUER, 

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

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

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

  
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 (E) IN A PRINCIPAL AMOUNT OF NOT LESS THAN $100,000 TO AN INSTITUTIONAL
ACCREDITED INVESTOR THAT, PRIOR TO SUCH TRANSFER, DELIVERS TO THE TRUSTEE A DULY COMPLETED AND SIGNED CERTIFICATE (THE FORM OF WHICH MAY BE OBTAINED FROM THE TRUSTEE) RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS NOTE, OR 

(F) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH
(2)(C) ABOVE OR (2)(D) ABOVE, A DULY COMPLETED AND SIGNED CERTIFICATE (THE FORM OF WHICH MAY BE OBTAINED FROM THE TRUSTEE) MUST BE DELIVERED TO THE TRUSTEE. PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(E) OR
(F) ABOVE, THE ISSUER RESERVES THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE
SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY RULE 144 EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.” 

Following the sale of the Securities by the Initial Purchasers to Subsequent Purchasers pursuant to the terms hereof, the Initial Purchasers
shall not be liable or responsible to the Company for any losses, damages or liabilities suffered or incurred by the Company, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer
of any Security. 
 SECTION 8. Indemnification. 

(a) Indemnification of the Initial Purchasers. Each of the Company and the Guarantors, jointly and severally, agrees to indemnify
and hold harmless each Initial Purchaser, its Affiliates, directors, officers and employees, and each person, if any, who controls any Initial Purchaser within the meaning of the Securities Act and the Exchange Act against any loss, claim, damage,
liability or expense, as incurred, to which such Initial Purchaser, Affiliate, director, officer, employee or controlling person may become subject, under the Securities Act, the Exchange Act or other federal or state statutory law or regulation, or
at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of the Company), insofar as such loss, claim, damage, liability or expense (or actions in respect thereof as contemplated
below) arises out of or is based: (i) upon any untrue statement or  

  
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alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Written Communication or the Final Offering
Memorandum (or any amendment or supplement thereto), or the omission or alleged omission therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; or
(ii) in whole or in part upon any inaccuracy in the representations and warranties of the Company contained herein; and to reimburse each Initial Purchaser and each such Affiliate, director, officer, employee or controlling person for any and
all expenses (including the fees and disbursements of one firm of counsel chosen by the Representative in addition to any local counsel) as such expenses are reasonably incurred by such Initial Purchaser or such Affiliate, director, officer,
employee or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action; provided, however, that the foregoing indemnity agreement shall not
apply, with respect to an Initial Purchaser, to any loss, claim, damage, liability or expense to the extent, but only to the extent, arising out of or based upon any untrue statement or alleged untrue statement or omission or alleged omission made
in reliance upon and in conformity with written information furnished to the Company by or on behalf of such Initial Purchaser through the Representative expressly for use in the Preliminary Offering Memorandum, the Pricing Supplement, any Company
Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto). The indemnity agreement set forth in this Section 8(a) shall be in addition to any liabilities that the Company may otherwise have.

 (b) Indemnification of the Company and the Guarantors. Each Initial Purchaser agrees, severally and not jointly, to
indemnify and hold harmless the Company, each Guarantor, each of their respective directors, officers and each person, if any, who controls the Company or any Guarantor within the meaning of the Securities Act or the Exchange Act, against any loss,
claim, damage, liability or expense, as incurred, to which the Company, any Guarantor or any such director, officer or controlling person may become subject, under the Securities Act, the Exchange Act, or other federal or state statutory law or
regulation, or at common law or otherwise (including in settlement of any litigation, if such settlement is effected with the written consent of such Initial Purchaser), insofar as such loss, claim, damage, liability or expense (or actions in
respect thereof as contemplated below) arises out of or is based upon any untrue statement or alleged untrue statement of a material fact contained in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Written
Communication or the Final Offering Memorandum (or any amendment or supplement thereto), or the omission or alleged omission therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under
which they were made, not misleading, in each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in the Preliminary Offering Memorandum, the Pricing Supplement,
any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto), in reliance upon and in conformity with written information furnished to the Company by or on behalf of such Initial Purchaser
through the Representative expressly for use therein; and to reimburse the Company, any Guarantor and each such director, officer or controlling person for any and all expenses (including the fees and disbursements of counsel) as such expenses are
reasonably incurred by the Company, any Guarantor or such director, officer or controlling person in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, 

  
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liability, expense or action. Each of the Company and the Guarantors hereby acknowledges that the only information that the Initial Purchasers through the Representative have furnished to the
Company expressly for use in the Preliminary Offering Memorandum, the Pricing Supplement, any Company Additional Written Communication or the Final Offering Memorandum (or any amendment or supplement thereto) are the statements set forth in the
fourth and fifth sentences of the eighteenth paragraph and the twentieth paragraph under the caption “Plan of Distribution” in the Preliminary Offering Memorandum and the Final Offering Memorandum. The indemnity agreement set forth in this
Section 8(b) shall be in addition to any liabilities that each Initial Purchaser may otherwise have. 
 (c) Notifications and
Other Indemnification Procedures. Promptly after receipt by an indemnified party under this Section 8 of notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against an
indemnifying party under this Section 8, notify the indemnifying party in writing of the commencement thereof; provided that the failure to so notify the indemnifying party will not relieve it from any liability which it
may have to any indemnified party under this Section 8 except to the extent that it has been materially prejudiced by such failure (through the forfeiture of substantive rights and defenses) and shall not relieve the indemnifying party from any
liability that the indemnifying party may have to an indemnified party other than under this Section 8. In case any such action is brought against any indemnified party and such indemnified party seeks or intends to seek indemnity from an
indemnifying party, the indemnifying party will be entitled to participate in and, to the extent that it shall elect, jointly with all other indemnifying parties similarly notified, by written notice delivered to the indemnified party promptly after
receiving the aforesaid notice from such indemnified party, to assume the defense thereof with counsel reasonably satisfactory to such indemnified party; provided, however, if the defendants in any such action include both the
indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that a conflict may arise between the positions of the indemnifying party and the indemnified party in conducting the defense of any such action
or that there may be legal defenses available to it and/or other indemnified parties which are different from or additional to those available to the indemnifying party, the indemnified party or parties shall have the right to select separate
counsel to assume such legal defenses and to otherwise participate in the defense of such action on behalf of such indemnified party or parties. Upon receipt of notice from the indemnifying party to such indemnified party of such indemnifying
party’s election so to assume the defense of such action and approval by the indemnified party of counsel, the indemnifying party will not be liable to such indemnified party under this Section 8 for any legal or other expenses
subsequently incurred by such indemnified party in connection with the defense thereof unless (i) the indemnified party shall have employed separate counsel in accordance with the proviso to the immediately preceding sentence (it being
understood, however, that the indemnifying party shall not be liable for the expenses of more than one separate counsel (together with local counsel (in each jurisdiction)), which shall be selected by the Representative (in the case of counsel
representing the Initial Purchasers or their related persons), representing the indemnified parties who are parties to such action) or (ii) the indemnifying party shall not have employed counsel satisfactory to the indemnified party to
represent the indemnified party within a reasonable time after notice of commencement of the action, in each of which cases the fees and expenses of counsel shall be at the expense of the indemnifying party. 

  
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 (d) Settlements. The indemnifying party under this Section 8 shall not be
liable for any settlement of any proceeding effected without its written consent, which will not be unreasonably withheld, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify
the indemnified party against any loss, claim, damage, liability or expense by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party to reimburse
the indemnified party for fees and expenses of counsel as contemplated by this Section 8, the indemnifying party agrees that it shall be liable for any settlement of any proceeding effected without its written consent if (i) such
settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such settlement
being entered into and (iii) such indemnifying party shall not have reimbursed the indemnified party in accordance with such request or disputed in good faith the indemnified party’s entitlement to such reimbursement prior to the date of
such settlement. No indemnifying party shall, without the prior written consent of the indemnified party, effect any settlement, compromise or consent to the entry of judgment in any pending or threatened action, suit or proceeding in respect of
which any indemnified party is or could have been a party and indemnity was or could have been sought hereunder by such indemnified party, unless such settlement, compromise or consent (i) includes an unconditional release of such indemnified
party from all liability on claims that are the subject matter of such action, suit or proceeding and (ii) does not include any statements as to or any findings of fault, culpability or failure to act by or on behalf of any indemnified
party. 
 SECTION 9. Contribution. If the indemnification provided for in Section 8 hereof is for any reason held
to be unavailable to or otherwise insufficient to hold harmless an indemnified party in respect of any losses, claims, damages, liabilities or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount paid
or payable by such indemnified party, as incurred, as a result of any losses, claims, damages, liabilities or expenses referred to therein (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the
Guarantors, on the one hand, and the Initial Purchasers, on the other hand, from the offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such
proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, in connection
with the statements or omissions or inaccuracies in the representations and warranties herein which resulted in such losses, claims, damages, liabilities or expenses, as well as any other relevant equitable considerations. The relative benefits
received by the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, in connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions as the
total net proceeds from the offering of the Securities pursuant to this Agreement (before deducting expenses but after deducting Initial Purchaser discounts and commissions) received by the Company, and the total discount received by the Initial
Purchasers bear to the aggregate initial offering price of the Securities. The relative fault of the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, shall be determined by reference to, among other things,
whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact or any such inaccurate or alleged inaccurate representation or warranty relates to information supplied by the
Company and the Guarantors, on the one hand, or the Initial Purchasers, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission or inaccuracy.

  
 27 

 The amount paid or payable by a party as a result of the losses, claims, damages,
liabilities and expenses referred to above shall be deemed to include, subject to the limitations set forth in Section 8 hereof, any legal or other fees or expenses reasonably incurred by such party in connection with investigating or defending
any action or claim. The provisions set forth in Section 8 hereof with respect to notice of commencement of any action shall apply if a claim for contribution is to be made under this Section 9; provided, however, that no additional
notice shall be required with respect to any action for which notice has been given under Section 8 hereof for purposes of indemnification. 

The Company, the Guarantors and the Initial Purchasers agree that it would not be just and equitable if contribution pursuant to this
Section 9 were determined by pro rata allocation (even if the Initial Purchasers were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in this
Section 9. 
 Notwithstanding the provisions of this Section 9, no Initial Purchaser shall be required to contribute any amount in
excess of the discount received by such Initial Purchaser in connection with the Securities distributed by it. No person guilty of fraudulent misrepresentation (within the meaning of Section 11 of the Securities Act) shall be entitled to
contribution from any person who was not guilty of such fraudulent misrepresentation. The Initial Purchasers’ obligations to contribute pursuant to this Section 9 are several, and not joint, in proportion to their respective commitments as
set forth opposite their names in Schedule A. For purposes of this Section 9, each director, officer and employee of an Initial Purchaser and each person, if any, who controls an Initial Purchaser within the meaning of the Securities Act and
the Exchange Act shall have the same rights to contribution as such Initial Purchaser, and each director of the Company or any Guarantor, and each person, if any, who controls the Company or any Guarantor within the meaning of the Securities Act and
the Exchange Act shall have the same rights to contribution as the Company and the Guarantors. 
 SECTION 10. Termination of this
Agreement. Prior to the Closing Date, this Agreement may be terminated by the Representative by notice given to the Company if at any time: (i) trading or quotation in any of the Company’s securities shall have been suspended or
limited by the Commission or by the NYSE, or trading in securities generally on either the Nasdaq Stock Market or the NYSE shall have been suspended or limited, or minimum or maximum prices shall have been generally established on any of such
quotation system or stock exchange by the Commission or FINRA; (ii) a general banking moratorium shall have been declared by any of federal, New York authorities; (iii) there shall have occurred any outbreak or escalation of national or
international hostilities or any crisis or calamity, or any change in the United States or international financial markets as in the judgment of the Representative is material and adverse and makes it impracticable or inadvisable to proceed with the
offering sale or delivery of the Securities in the manner and on the terms described in the Pricing Disclosure Package or to enforce contracts for the sale of securities; or (iv) in the judgment of the Representative there shall have occurred
any Material Adverse Change. Any termination  

  
 28 

 
pursuant to this Section 10 shall be without liability on the part of (i) the Company or any Guarantor to any Initial Purchaser, except that the Company and the Guarantors shall be
obligated to reimburse the expenses of the Initial Purchasers pursuant to Sections 4 and 6 hereof, (ii) any Initial Purchaser to the Company, or (iii) any party hereto to any other party, except that the provisions of Sections 8 and 9
hereof shall at all times be effective and shall survive such termination. 
 SECTION 11. Representations and Indemnities to
Survive Delivery. The respective indemnities, rights of contribution, agreements, representations, warranties and other statements of the Company, the Guarantors, their respective officers and the several Initial Purchasers set forth in or made
pursuant to this Agreement will remain in full force and effect, regardless of any investigation made by or on behalf of any Initial Purchaser, the Company, any Guarantor or any of their partners, officers or directors or any controlling person, as
the case may be, and will survive delivery of and payment for the Securities sold hereunder and any termination of this Agreement. 

SECTION 12. Notices. All communications hereunder shall be in writing and shall be mailed, hand delivered, couriered or
facsimiled and confirmed to the parties hereto as follows: 
 If to the Initial Purchasers: 

J.P. Morgan Securities LLC 

10 South Dearborn, Floor 9 

Chicago, IL 60603 

Facsimile: 312-462-0180 

Attention: Geoffrey Ellis 

with a copy to: 

Davis Polk & Wardwell LLP 

450 Lexington Avenue 

New York, New York 10017 

Facsimile: 212-701-5111 

Attention: Michael Kaplan 

If to the Company or the Guarantors: 

Tempur Sealy International, Inc. 

1000 Tempur Way 

Lexington, Kentucky 40511 

Facsimile: 859-455-2805 

Attention: Chief Financial Officer 

with a copy to: 

Morgan, Lewis & Bockius LLP 

101 Park Avenue New York, NY 75201 

Facsimile: 212-309-6001 

Attention: Howard A. Kenny 

  
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 Any party hereto may change the address or facsimile number for receipt of communications by
giving written notice to the others. 
 SECTION 13. Successors. This Agreement will inure to the benefit of and be binding
upon the parties hereto, and to the benefit of the indemnified parties referred to in Sections 8 and 9 hereof, and in each case their respective successors, and no other person will have any right or obligation hereunder. The term
“successors” shall not include any Subsequent Purchaser or other purchaser of the Securities as such from any of the Initial Purchasers merely by reason of such purchase. 

SECTION 14. Authority of the Representative. Any action by the Initial Purchasers hereunder may be taken by the Representative
on behalf of the Initial Purchasers, and any such action taken by the Representative shall be binding upon the Initial Purchasers. 

SECTION 15. Partial Unenforceability. The invalidity or unenforceability of any section, paragraph or provision of this
Agreement shall not affect the validity or enforceability of any other section, paragraph or provision hereof. If any section, paragraph or provision of this Agreement is for any reason determined to be invalid or unenforceable, there shall be
deemed to be made such minor changes (and only such minor changes) as are necessary to make it valid and enforceable. 

SECTION 16. Governing Law Provisions. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE RELATING TO OR ARISING OUT OF THIS
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN SUCH STATE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF. 

(a) Consent to Jurisdiction. Any legal suit, action or proceeding arising out of or based upon this Agreement or the transactions
contemplated hereby (“Related Proceedings”) may be instituted in the federal courts of the United States of America located in the City and County of New York or the courts of the State of New York in each case located in the City
and County of New York (collectively, the “Specified Courts”), and each party irrevocably submits to the exclusive jurisdiction (except for suits, actions, or proceedings instituted in regard to the enforcement of a judgment of any
Specified Court in a Related Proceeding (a “Related Judgment”), as to which such jurisdiction is non-exclusive) of the Specified Courts in any Related Proceeding. Service of any process, summons, notice or document by mail to such
party’s address set forth above shall be effective service of process for any Related Proceeding brought in any Specified Court. The parties irrevocably and unconditionally waive any objection to the laying of venue of any Specified Proceeding
in the Specified Courts and irrevocably and unconditionally waive and agree not to plead or claim in any Specified Court that any Related Proceeding brought in any Specified Court has been brought in an inconvenient forum. 

  
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 SECTION 17. Default of One or More of the Several Initial Purchasers. If any one or
more of the several Initial Purchasers shall fail or refuse to purchase Securities that it or they have agreed to purchase hereunder on the Closing Date, and the aggregate number of Securities which such defaulting Initial Purchaser or Initial
Purchasers agreed but failed or refused to purchase does not exceed 10% of the aggregate number of the Securities to be purchased on such date, the other Initial Purchasers shall be obligated, severally, in the proportions that the number of
Securities set forth opposite their respective names on Schedule A bears to the aggregate number of Securities set forth opposite the names of all such non-defaulting Initial Purchasers, or in such other proportions as may be specified by the
Initial Purchasers with the consent of the non-defaulting Initial Purchasers, to purchase the Securities which such defaulting Initial Purchaser or Initial Purchasers agreed but failed or refused to purchase on the Closing Date. If any one or more
of the Initial Purchasers shall fail or refuse to purchase Securities and the aggregate number of Securities with respect to which such default occurs exceeds 10% of the aggregate number of Securities to be purchased on the Closing Date, and
arrangements satisfactory to the Initial Purchasers and the Company for the purchase of such Securities are not made within 48 hours after such default, this Agreement shall terminate without liability of any party to any other party except that the
provisions of Sections 4, 6, 8 and 9 hereof shall at all times be effective and shall survive such termination. In any such case either the Initial Purchasers or the Company shall have the right to postpone the Closing Date, as the case may be,
but in no event for longer than seven days in order that the required changes, if any, to the Final Offering Memorandum or any other documents or arrangements may be effected. 

As used in this Agreement, the term “Initial Purchaser” shall be deemed to include any person substituted for a
defaulting Initial Purchaser under this Section 17. Any action taken under this Section 17 shall not relieve any defaulting Initial Purchaser from liability in respect of any default of such Initial Purchaser under this Agreement.

 SECTION 18. No Advisory or Fiduciary Responsibility. Each of the Company and the Guarantors acknowledges and agrees
that: (i) the purchase and sale of the Securities pursuant to this Agreement, including the determination of the offering price of the Securities and any related discounts and commissions, is an arm’s-length commercial transaction between
the Company and the Guarantors, on the one hand, and the several Initial Purchasers, on the other hand, and the Company and the Guarantors are capable of evaluating and understanding and understand and accept the terms, risks and conditions of the
transactions contemplated by this Agreement; (ii) in connection with each transaction contemplated hereby and the process leading to such transaction each Initial Purchaser is and has been acting solely as a principal and is not the agent or
fiduciary of the Company and the Guarantors or their respective Affiliates, stockholders, creditors or employees or any other party; (iii) no Initial Purchaser has assumed or will assume an advisory or fiduciary responsibility in favor of the
Company and the Guarantors with respect to any of the transactions contemplated hereby or the process leading thereto (irrespective of whether such Initial Purchaser has advised or is currently advising the Company and the Guarantors on other
matters) or any other obligation to the Company and the Guarantors except the obligations expressly set forth in this Agreement; (iv) the several Initial Purchasers and their respective Affiliates may be engaged in a broad range of transactions
that involve interests that differ from those of the Company and the Guarantors, and the several Initial Purchasers have no obligation to disclose any of such interests by virtue of any fiduciary or advisory relationship; and (v) the Initial
Purchasers have not provided any legal, accounting, regulatory or tax advice with respect to the offering contemplated hereby, and the Company and the Guarantors have consulted their own legal, accounting, regulatory and tax advisors to the
extent they deemed appropriate. 

  
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 This Agreement constitutes the entire agreement of the parties to this Agreement and supersedes
all prior agreements, understandings and negotiations (whether written or oral) between the Company, the Guarantors and the several Initial Purchasers, or any of them, with respect to the subject matter hereof. The Company and the Guarantors hereby
waive and release, to the fullest extent permitted by law, any claims that the Company and the Guarantors may have against the several Initial Purchasers with respect to any breach or alleged breach of fiduciary duty. 

SECTION 19. General Provisions. This Agreement may be executed in two or more counterparts, each one of which shall be an
original, with the same effect as if the signatures thereto and hereto were upon the same instrument. Delivery of an executed counterpart of a signature page to this Agreement by telecopier, facsimile or other electronic transmission (i.e., a
“pdf” or “tif”) shall be effective as delivery of a manually executed counterpart thereof. This Agreement may not be amended or modified unless in writing by all of the parties hereto, and no condition herein (express or implied)
may be waived unless waived in writing by each party whom the condition is meant to benefit. The section headings herein are for the convenience of the parties only and shall not affect the construction or interpretation of this Agreement.

 [Signature Pages Follow] 

  
 32 

 If the foregoing is in accordance with your understanding of our agreement, kindly sign and
return to the Company the enclosed copies hereof, whereupon this instrument, along with all counterparts hereof, shall become a binding agreement in accordance with its terms. 

 

			
	Very truly yours,
	
	Tempur Sealy International, Inc.
		
	By:	 	/s/ BARRY HYTINEN
		 	Name: Barry Hytinen
		 	 Title:   Executive Vice President and Chief

            Financial Officer

 SIGNATURE PAGE 

TO 

PURCHASE AGREEMENT 

 
			
	 Tempur-Pedic Management, LLC

	 Tempur World, LLC

	 Tempur-Pedic Manufacturing, Inc.

	 Tempur Production USA, LLC

	 Cocoon International Sales, LLC

	 Tempur-Pedic Sales, Inc.

	 Tempur-Pedic North America, LLC

	 Tempur-Pedic Technologies, Inc.

	 Tempur Retail Stores, LLC

	 Sealy Corporation

	 Sealy Mattress Corporation

	 Sealy Mattress Company

	 Sealy Mattress Company of Puerto Rico

	 Ohio-Sealy Mattress Manufacturing Co.

	 Sealy Mattress Company of Kansas City, Inc.

	 Sealy Mattress Company of Illinois

	 A. Brandwein & Co.

	 Sealy Mattress Company of Albany, Inc.

	 Sealy of Maryland and Virginia, Inc.

	 Sealy of Minnesota, Inc.

	 Sealy, Inc.

	 The Ohio Mattress Company Licensing and Components Group

	 Sealy Mattress Manufacturing Company, Inc.

	 Sealy Technology LLC

	 Sealy Texas Management, Inc.

	 Tempur Sealy International Distribution, LLC

	 Sealy US Sales, LLC,as Guarantors

		
	By:	 	/s/ BARRY HYTINEN
		 	Name: Barry Hytinen
		 	Title:   Authorized Officer

 SIGNATURE PAGE 

TO 

PURCHASE AGREEMENT 

 The foregoing Purchase Agreement is hereby confirmed and accepted by the Initial Purchasers as of
the date first above written. 
  

			
	By:	 	J.P. MORGAN SECURITIES LLC,
		 	Acting on behalf of itself and as the Representative of the several Initial Purchasers
		
	By:	 	/s/ GEOFFREY ELLIS
		 	 Geoffrey Ellis
 Executive
Director

 SIGNATURE PAGE 

TO 

PURCHASE AGREEMENT 

 SCHEDULE A 
  

					
	 Initial Purchasers
	  	Aggregate
Principal
Amount of
Securities to be
Purchased	 
	 J.P. Morgan Securities LLC
	  	$	150,000,000	  
	 Merrill Lynch, Pierce, Fenner & Smith

              Incorporated
	  	 	120,000,000	  
	 Wells Fargo Securities, LLC
	  	 	120,000,000	  
	 Fifth Third Securities, Inc.
	  	 	63,000,000	  
	 Goldman, Sachs & Co.
	  	 	63,000,000	  
	 Mizuho Securities USA Inc.
	  	 	18,000,000	  
	 Scotia Capital (USA) Inc.
	  	 	18,000,000	  
	 SMBC Nikko Securities America, Inc.
	  	 	18,000,000	  
	 BB&T Capital Markets, a division of BB&T Securities, LLC
	  	 	6,000,000	  
	 Deutsche Bank Securities Inc.
	  	 	6,000,000	  
	 ING Financial Markets LLC
	  	 	6,000,000	  
	 TD Securities (USA) LLC
	  	 	6,000,000	  
	 HSBC Securities (USA) Inc.
	  	 	3,000,000	  
	 The Williams Capital Group, L.P.
	  	 	3,000,000	  
		  	  
	  
	 
	 Total
	  	$	600,000,000	  

  
 Schedule A 

 ANNEX I 

Resale Pursuant to Regulation S or Rule 144A.  

Each Initial Purchaser understands that: 

Such Initial Purchaser agrees that it has not offered or sold and will not offer or sell the Securities in the United States or to, or for the
benefit or account of, a U.S. person (other than a distributor), in each case, as defined in Rule 902 of Regulation S (i) as part of its distribution at any time and (ii) otherwise until 40 days after the later of the
commencement of the offering of the Securities pursuant hereto and the Closing Date, other than in accordance with Regulation S or another exemption from the registration requirements of the Securities Act. Such Initial Purchaser agrees that,
during such 40-day restricted period, it will not cause any advertisement with respect to the Securities (including any “tombstone” advertisement) to be published in any newspaper or periodical or posted in any public place and will not
issue any circular relating to the Securities, except such advertisements as are permitted by and include the statements required by Regulation S. 

Such Initial Purchaser agrees that, at or prior to confirmation of a sale of Securities by it to any distributor, dealer or person receiving a
selling concession, fee or other remuneration during the 40-day restricted period referred to in Rule 903 of Regulation S, it will send to such distributor, dealer or person receiving a selling concession, fee or other remuneration a
confirmation or notice to substantially the following effect: 
 “The Securities covered hereby have not been registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and may not be offered and sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of your distribution at any time or
(ii) otherwise until 40 days after the later of the date the Securities were first offered to persons other than distributors in reliance upon Regulation S and the Closing Date, except in either case in accordance with Regulation S under
the Securities Act (or in accordance with Rule 144A under the Securities Act or to accredited investors in transactions that are exempt from the registration requirements of the Securities Act), and in connection with any subsequent sale by you
of the Securities covered hereby in reliance on Regulation S under the Securities Act during the period referred to above to any distributor, dealer or person receiving a selling concession, fee or other remuneration, you must deliver a notice
to substantially the foregoing effect. Terms used above have the meanings assigned to them in Regulation S under the Securities Act.” 

  
 Annex I-1EX-10.1

 Exhibit 10.1 

SECOND AMENDMENT 
 TO
CREDIT AGREEMENT 
 AND OTHER LOAN DOCUMENTS 

This Second Amendment to Credit Agreement and other Loan Documents (this “Amendment”) is entered into as of May 24, 2016
by and among VIASAT, INC., a Delaware corporation (“Borrower”), each lender from time to time party to the Credit Agreement (as defined below) (collectively, the “Lenders” and individually, a
“Lender”) that is a party hereto and MUFG UNION BANK, N.A., a member of MUFG, a global financial group (formerly known as Union Bank, N.A.), as administrative agent and as collateral agent (in such capacity,
“Agent”). 
 RECITALS 

WHEREAS, Borrower, Agent and the Lenders are parties to that certain Credit Agreement dated as of November 26, 2013 (as amended,
modified, restated or supplemented from time to time prior to giving effect to this Amendment, the “Credit Agreement”); 

WHEREAS, Borrower has requested certain amendments to the Credit Agreement and other Loan Documents as set forth below; 

WHEREAS, certain Lenders have agreed with Borrower to have their respective Revolving Commitment increased (such Lenders, the
“Increased Commitment Lenders”) or reduced (such Lenders, the “Reduced Commitment Lenders”), in each case, as further described in Section 1.1 hereof; 

WHEREAS, certain Persons (each constituting an Eligible Assignee) not party to the Credit Agreement have agreed to become a Lender under the
Credit Agreement, simultaneous with the effectiveness of this Amendment (such lenders, the “New Lenders”, and the Revolving Commitments of such New Lenders, the “New Commitments”); and 

WHEREAS; the parties have agreed to amend the Credit Agreement and other Loan Documents in certain respects in accordance with the terms of
this Amendment. Unless otherwise defined herein, all capitalized terms in this Amendment shall be as defined in the Credit Agreement. 

NOW, THEREFORE, the parties hereto agree as follows: 

1. Amendments. 
 1.1
Amended Credit Agreement. Upon satisfaction of the conditions set forth in Section 5 hereof, the Credit Agreement shall hereby be amended to incorporate all changes incorporated in the copy of the Credit Agreement attached as
Exhibit A hereto (the “Amended Credit Agreement”). 
 1.2 Modified Revolving Commitments; Credit Agreement
Schedule. Upon satisfaction of the conditions set forth in Section 5 hereof, the Credit Agreement shall hereby be amended by amending and restating Schedule 1.1 thereto in the form of Schedule I. Each New Lender party hereto
as a Lender hereby acknowledges and agrees that, simultaneous with and pursuant to its execution of this Amendment, it shall (i) assume all rights and obligations of a Lender under the Amended Credit Agreement, (ii) have Revolving
Commitments as set forth on Schedule I hereto, and (iii) be bound by the terms and provisions of the Amended Credit Agreement as if it was a signatory to the Credit Agreement on the original date of execution thereof. 

1.3 Credit Agreement Exhibits. Upon satisfaction of the conditions set forth in 

  
 1 

 
Section 5 hereof, the Credit Agreement shall hereby be amended by (i) effective June 30, 2016, amending and restating Exhibit B thereto in the form of Schedule II-A
hereto, (ii) effective June 30, 2016, amending and restating Exhibit C thereto in the form of Schedule II-B hereto, (iii) inserting a new Exhibit G-1 thereto in the form of Schedule II-C hereto, (iv) amending and
restating Exhibit G thereto as Exhibit G-2 thereto in the form of Schedule II-D hereto, (v) amending and restating Exhibit P thereto in the form of Schedule II-E hereto and (vi) amending and restating Exhibit Q thereto in the
form of Schedule II-F hereto. The parties hereto acknowledge and agree that (i) the Pricing Certificate that is to be delivered after the date hereof with respect to the Pricing Period ending June 1, 2016 shall be in the form of
Exhibit C to the Credit Agreement prior to giving effect to this Amendment (and accordingly the Applicable Pricing Level for such Pricing Period shall be based upon the calculations set forth therein notwithstanding the modifications to the Credit
Agreement effected by this Amendment) and (ii) the Compliance Certificate that is to be delivered after the date hereof with respect to the Fiscal Quarter and Fiscal Year ended March 31, 2016 shall be in the form of Exhibit B to the Credit
Agreement prior to giving effect to this Amendment. 
 1.4 Credit Agreement Schedules. Upon satisfaction of the conditions set forth
in Section 5 hereof, the Credit Agreement shall hereby be amended by amending and restating Schedule 4.4 thereto in the form of Schedule II-G hereto. 

1.5 Borrower Security Agreement. Upon satisfaction of the conditions set forth in Section 5 hereof, clause (i) of the
proviso to the definition of “Collateral” set forth in the Borrower Security Agreement shall hereby be amended and restated in its entirety to read as follows: 

“(i) the Equity Interests held or owned by the Grantor (x) of any Person that is not a Significant Domestic Subsidiary or a
Significant Foreign Subsidiary or (y) in excess of 65% of the voting Equity Interests of a Significant Foreign Subsidiary and a Significant Foreign Subsidiary Holdco,” 

1.6 Borrower Pledge Agreement. Upon satisfaction of the conditions set forth in Section 5 hereof, (i) the definition of
“Pledged Equity Collateral” set forth in the Borrower Pledge Agreement shall hereby be amended by (x) amending and restating clause (ii) thereof in its entirety to read as “(ii) 65% of the voting Equity Interests, and 100%
of the non-voting Equity Interests, of all existing and future Significant Foreign Subsidiaries and Significant Foreign Subsidiary Holdcos of the Grantor, now or hereafter owned by the Grantor as identified on Schedule A (as such Schedule may be
supplemented from time to time in accordance with the terms of this Agreement),” and (y) replacing the reference to Section 6.16(k) therein to Section 6.16(f) and (ii) clause (b) of Section 3.5 of the Borrower
Pledge Agreement shall hereby be amended and restated in its entirety to read as follows: 
 “(b) [Reserved].” 

1.7 Loan Documents. All references to Union Bank, N.A. in the Loan Documents are hereby amended to be references to MUFG Union Bank,
N.A., a member of MUFG, a global financial group. 
 2. No course of dealing on the part of Lenders, Agent or their officers, nor any
failure or delay in the exercise of any right by Agent or any Lender, shall operate as a waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Agent’s or any Lenders’
failure at any time to require strict performance by Borrower of any provision of any Loan Document shall not affect any right of any Lender or Agent thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be
in writing signed by an officer of Agent, in accordance with the terms of the Credit Agreement. 

  
 2 

 3. The Amended Credit Agreement shall be and remain in full force and effect in accordance with
its respective terms and hereby is ratified and confirmed in all respects. Except as expressly set forth herein, the execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or
remedy of Agent or any Lender under the Credit Agreement. 
 4. Borrower represents and warrants to the Lenders that (a) except for
representations and warranties which expressly speak as of a particular date or are no longer true and correct as a result of a change which is permitted by the Amended Credit Agreement, the representations and warranties contained in the Amended
Credit Agreement or in any other document or documents relating thereto are true and correct in all material respects on and as of the date hereof as though made on the date hereof, and all such representations and warranties shall survive the
execution and delivery of this Amendment and (b) no Default or Event of Default has occurred and is continuing as of the date hereof. 

5. As a condition to the effectiveness of this Amendment: 

5.1 Agent shall have received this Amendment, duly executed by Borrower, Agent, the Issuing Lenders and all of the other Lenders (including the
Reduced Commitment Lenders, the Increased Commitment Lenders and the New Lenders); 
 5.2 Agent shall have received a Certificate of the
Secretary of Borrower (or other Responsible Official) attaching (and certifying as to) (i) a copy of the certificate of incorporation of Borrower and any and all amendments thereof, certified as of a recent date by the Secretary of State of the
State of Delaware, (ii) a copy of the bylaws of Borrower and any and all amendments thereof, (iii) resolutions of the Board of Directors of Borrower (or committee thereof) approving and authorizing the execution, delivery and performance
of this Amendment and (iv) signature and incumbency certificates of the officers of Borrower; and (B) a good standing certificate from the Secretary of State of the State of Delaware, certifying as to the good standing of Borrower; 

5.3 Agent shall have received a favorable written legal opinion of Latham & Watkins LLP, counsel to Borrower, as to such matters as
the Agent may reasonably request, in form and substance satisfactory to the Agent (and Borrower hereby instructs such counsel to deliver such opinion to the Agent and the Lenders); and 

5.4 Borrower shall have paid all fees required to have been paid by Borrower on the effective date of this Amendment pursuant to (i) that
certain engagement letter dated as of April 29, 2016 between the Borrower and the Arrangers party thereto, (ii) that certain arranger fee letter dated as of April 29, 2016 between Borrower and Merrill Lynch, Pierce, Fenner &
Smith Incorporated, (iii) that certain arranger fee letter dated as of May 16, 2016 between Borrower and JPMorgan Chase Bank, N.A. and (iv) that certain arranger fee letter dated as of May 18, 2016 between Borrower and MFUG Union
Bank, N.A. 
 6. Borrower hereby (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and
subsisting and (b) agrees that this Amendment shall in no manner impair or otherwise adversely affect any of the Liens granted in or pursuant to the Loan Documents. 

7. For purposes of determining withholding Taxes imposed under the Foreign Account Tax Compliance Act (FATCA), from and after the effective
date of this Amendment, the Borrower and the Agent shall treat (and the Lenders hereby authorize the Agent to treat) the Amended Credit Agreement as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation
Section 1.1471-2(b)(2)(i). 

  
 3 

 8. The governing law and venue provisions of Section 11.17 of the Amended Credit Agreement
are incorporated herein by this reference mutatis mutandis. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument. Delivery of an
executed counterpart hereof by facsimile transmission shall be effective as delivery of a manually executed counterpart. Borrower agrees to promptly pay all reasonable attorneys’ fees and costs incurred by the Agent’s counsel in connection
with this Amendment, which may be debited from any of Borrower’s accounts (following Borrower’s authorization of such fees and costs). Except as amended hereby, all of the provisions of the Credit Agreement and the other Loan Documents
shall remain unmodified and in full force and effect except that each reference to the “Agreement”, or words of like import in any Loan Document, shall mean and be a reference to the Amended Credit Agreement. This Amendment shall be deemed
a “Loan Document” as defined in the Amended Credit Agreement. Each party shall execute and deliver such further documents, and perform such further acts, as may be reasonably necessary to achieve the intent of the parties as expressed in
this Amendment. 
 [Balance of Page Intentionally Left Blank] 

  
 4 

 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written. 
  

			
	VIASAT, INC.
		
	By:	 	/s/ Shawn Duffy
	Name:	 	Shawn Duffy
	Title:	 	Senior Vice President and Chief Financial Officer

 
			
	MUFG UNION BANK, N.A.,
	as Agent
		
	By:	 	/s/ Mark Adelman
	Name:	 	Mark Adelman
	Title:	 	Director

  

			
	MUFG UNION BANK, N.A.,
	as a Lender, Issuing Lender and Swing Line Lender
		
	By:	 	/s/ Mark Adelman
	Name:	 	Mark Adelman
	Title:	 	Director

 
			
	BANK OF AMERICA, N.A., as a Lender and Issuing Lender
		
	By:	 	/s/ Christopher D. Pannacciulli
	Name:	 	Christopher D. Pannacciulli
	Title:	 	Senior Vice President

 
			
	 JPMORGAN CHASE BANK, N.A., individually as a

Lender and Issuing Lender

		
	By:	 	/s/ Marshall Trenckmann
	Name:	 	Marshall Trenckmann
	Title:	 	Executive Director

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
		
	By:	 	/s/ Vipul Dhadda
	Name:	 	Vipul Dhadda
	Title:	 	Authorized Signatory
		
	By:	 	/s/ Kelly Heimrich
	Name:	 	Kelly Heimrich
	Title:	 	Authorized Signatory

 
			
	SUNTRUST BANK
		
	By:	 	/s/ Eric Saxon
	Name:	 	Eric Saxon
	Title:	 	Vice President

 
			
	COMPASS BANK
		
	By:	 	/s/ Douglas S. Lambell
	Name:	 	Douglas S. Lambell
	Title:	 	Senior Vice President

 
			
	CITIZENS BANK, N.A.
		
	By:	 	/s/ Donald A. Wright
	Donald A. Wright
	Senior Vice President

 
			
	MORGAN STANLEY SENIOR FUNDING, INC.
		
	By:	 	/s/ Michael King
	Name:	 	Michael King
	Title:	 	Vice President

 
			
	BANK OF THE WEST
		
	By:	 	/s/ Jason Antrim
	Name:	 	Jason Antrim
	Title:	 	Vice President

 
			
	ZB, N.A. DBA CALIFORNIA BANK & TRUST
		
	By:	 	/s/ Steve DeLong
	Name:	 	Steve DeLong
	Title:	 	SVP/Manager

 
			
	COMERICA BANK
		
	By:	 	/s/ Liz V. Gonzalez
	Name:	 	Liz V. Gonzalez
	Title:	 	Assistant Vice President

 
			
	UMPQUA BANK
		
	By:	 	/s/ Jonathan M. Dale
	Name:	 	Jonathan M. Dale
	Title:	 	SVP, Sr. Commercial Relationship Manager

 EXHIBIT A 

TO AMENDMENT 
 [See attached]

 CREDIT AGREEMENT 

Dated as of November 26, 2013 

among 
 VIASAT, INC. 

THE LENDERS HEREIN NAMED 
 MUFG
UNION BANK, N.A., 
 as Agent 

BANK OF AMERICA, N.A. and 

JPMORGAN CHASE BANK, N.A., 
 as
Co-Syndication Agents 
 COMPASS BANK, 

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 

CITIZENS BANK, N.A. 
 and 

SUNTRUST BANK, 
 as Co-Documentation
Agents, 
 and 
 MERRILL LYNCH,
PIERCE, FENNER & SMITH INCORPORATED, 
 MUFG UNION BANK, N.A., and 

JPMORGAN CHASE BANK, N.A., 
 as
Joint Lead Arrangers and Joint Book Runners 

 TABLE OF CONTENTS 

 

									
	 	 	 	 	 	  	Page	 
		
	 ARTICLE 1 DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
				
		 	1.1	 	Defined Terms	  	 	1	  
		 	1.2	 	Use of Defined Terms	  	 	42	  
		 	1.3	 	Accounting Terms	  	 	42	  
		 	1.4	 	Rounding	  	 	43	  
		 	1.5	 	Exhibits and Schedules	  	 	43	  
		 	1.6	 	References to “Borrower and its Restricted Subsidiaries”	  	 	43	  
		 	1.7	 	Miscellaneous Terms	  	 	43	  
		 	1.8	 	Times of Day; Rates	  	 	43	  
		 	1.9	 	Limited Condition Transactions	  	 	43	  
		
	 ARTICLE 2 LOANS AND LETTERS OF CREDIT
	  	 	44	  
				
		 	2.1	 	Loans – General	  	 	44	  
		 	2.2	 	Alternate Base Rate Loans	  	 	45	  
		 	2.3	 	Eurodollar Rate Loans	  	 	45	  
		 	2.4	 	Letters of Credit	  	 	46	  
		 	2.5	 	Termination or Reduction of Revolving Commitment	  	 	51	  
		 	2.6	 	Agent’s Right to Assume Funds Available for Advances	  	 	52	  
		 	2.7	 	Collateral	  	 	52	  
		 	2.8	 	Increase of Commitment	  	 	52	  
		 	2.9	 	Swing Line Advances	  	 	54	  
		 	2.10	 	Defaulting Lenders	  	 	57	  
		 	2.11	 	Cash Collateral	  	 	60	  
		 	2.12	 	Request for Extended Facilities	  	 	60	  
		
	 ARTICLE 3 PAYMENTS AND FEES
	  	 	63	  
				
		 	3.1	 	Principal and Interest	  	 	63	  
		 	3.2	 	Closing Date Fees	  	 	64	  
		 	3.3	 	Commitment Fee	  	 	64	  
		 	3.4	 	Letter of Credit Fees	  	 	64	  
		 	3.5	 	Increased Commitment Costs	  	 	65	  
		 	3.6	 	Eurodollar Costs and Related Matters	  	 	65	  
		 	3.7	 	Late Payments	  	 	69	  
		 	3.8	 	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate	  	 	69	  
		 	3.9	 	Non-Banking Days	  	 	70	  
		 	3.10	 	Manner and Treatment of Payments	  	 	70	  
		 	3.11	 	Taxes	  	 	71	  
		 	3.12	 	Funding Sources	  	 	75	  
		 	3.13	 	Failure to Charge Not Subsequent Waiver	  	 	75	  
		 	3.14	 	Agent’s Right to Assume Payments Will be Made	  	 	75	  
		 	3.15	 	Fee Determination Detail	  	 	75	  
		 	3.16	 	Survivability	  	 	75	  

  
 i 

									
		
	 ARTICLE 4 REPRESENTATIONS AND WARRANTIES
	  	 	75	  
				
		 	4.1	 	Existence and Qualification; Power; Compliance With Laws	  	 	75	  
		 	4.2	 	Authority; Compliance With Other Agreements and Instruments and Government Regulations	  	 	76	  
		 	4.3	 	No Governmental Approvals Required	  	 	76	  
		 	4.4	 	Subsidiaries	  	 	76	  
		 	4.5	 	Financial Statements	  	 	77	  
		 	4.6	 	No Other Liabilities; No Material Adverse Changes	  	 	77	  
		 	4.7	 	Intentionally Deleted	  	 	77	  
		 	4.8	 	Intangible Assets	  	 	77	  
		 	4.9	 	Use of Proceeds	  	 	78	  
		 	4.10	 	Litigation	  	 	78	  
		 	4.11	 	Binding Obligations	  	 	78	  
		 	4.12	 	EEA Financial Institutions	  	 	78	  
		 	4.13	 	ERISA	  	 	78	  
		 	4.14	 	Regulation U; Investment Company Act	  	 	79	  
		 	4.15	 	Disclosure	  	 	79	  
		 	4.16	 	Tax Liability	  	 	79	  
		 	4.17	 	Projections	  	 	79	  
		 	4.18	 	Hazardous Materials	  	 	79	  
		 	4.19	 	Security Interests	  	 	79	  
		 	4.20	 	Solvency	  	 	80	  
		 	4.21	 	Anti-Corruption Laws, AML Laws and Sanctions	  	 	80	  
		 	4.22	 	Patriot Act	  	 	80	  
		 	4.23	 	Communications Licenses	  	 	80	  
		
	 ARTICLE 5 AFFIRMATIVE COVENANTS
	  	 	80	  
				
		 	5.1	 	Payment of Taxes and Other Potential Liens	  	 	81	  
		 	5.2	 	Preservation of Existence	  	 	81	  
		 	5.3	 	Maintenance of Properties	  	 	81	  
		 	5.4	 	Maintenance of Insurance	  	 	81	  
		 	5.5	 	Compliance With Laws	  	 	83	  
		 	5.6	 	Inspection Rights	  	 	83	  
		 	5.7	 	Keeping of Records and Books of Account	  	 	83	  
		 	5.8	 	Compliance With Agreements	  	 	83	  
		 	5.9	 	Use of Proceeds	  	 	83	  
		 	5.10	 	Hazardous Materials Laws	  	 	84	  
		 	5.11	 	Designation of Subsidiaries	  	 	84	  
		 	5.12	 	Future Restricted Subsidiaries; Additional Security Documentation	  	 	84	  
		 	5.13	 	Certain ECA Revenue	  	 	85	  
		
	 ARTICLE 6 NEGATIVE COVENANTS
	  	 	86	  
				
		 	6.1	 	Payment of Subordinated Obligations	  	 	86	  
		 	6.2	 	Disposition of Property	  	 	86	  
		 	6.3	 	Mergers	  	 	87	  
		 	6.4	 	Hostile Acquisitions	  	 	87	  

  
 ii 

									
		 	6.5	 	Acquisitions	  	 	87	  
		 	6.6	 	Distributions	  	 	87	  
		 	6.7	 	ERISA	  	 	88	  
		 	6.8	 	Change in Nature of Business	  	 	88	  
		 	6.9	 	Liens	  	 	88	  
		 	6.10	 	Indebtedness and Guaranty Obligations	  	 	89	  
		 	6.11	 	Transactions with Affiliates	  	 	91	  
		 	6.12	 	Negative Pledges	  	 	92	  
		 	6.13	 	Total Leverage Ratio	  	 	92	  
		 	6.14	 	Interest Coverage Ratio	  	 	92	  
		 	6.15	 	Use of Proceeds; Sanctions; Anti-Corruption Laws	  	 	92	  
		 	6.16	 	Investments	  	 	93	  
		 	6.17	 	Capital Expenditures	  	 	94	  
		 	6.18	 	Amendments to Subordinated Obligations	  	 	95	  
		 	6.19	 	Changes in Name, Location of Chief Executive Offices, Etc	  	 	95	  
		 	6.20	 	Hedging Agreements	  	 	95	  
		 	6.21	 	ECA Borrower Equity Interests	  	 	95	  
		
	 ARTICLE 7 INFORMATION AND REPORTING REQUIREMENTS
	  	 	95	  
				
		 	7.1	 	Financial and Business Information	  	 	96	  
		 	7.2	 	[Reserved]	  	 	98	  
		 	7.3	 	Compliance Certificates	  	 	98	  
		 	7.4	 	Electronic Communications; Platform	  	 	98	  
		
	 ARTICLE 8 CONDITIONS
	  	 	99	  
				
		 	8.1	 	Initial Credit Issuance	  	 	99	  
		 	8.2	 	Any Advance	  	 	101	  
		
	 ARTICLE 9 EVENTS OF DEFAULT AND REMEDIES UPON EVENT OF DEFAULT
	  	 	101	  
				
		 	9.1	 	Events of Default	  	 	101	  
		 	9.2	 	Remedies Upon Event of Default	  	 	103	  
		
	 ARTICLE 10 THE AGENT
	  	 	106	  
				
		 	10.1	 	Appointment and Authority	  	 	106	  
		 	10.2	 	Rights as a Lender	  	 	107	  
		 	10.3	 	Exculpatory Provisions	  	 	107	  
		 	10.4	 	Reliance by Agent	  	 	108	  
		 	10.5	 	Delegation of Duties	  	 	108	  
		 	10.6	 	Resignation of the Agent	  	 	108	  
		 	10.7	 	Non-Reliance on the Agent and Other Lenders	  	 	110	  
		 	10.8	 	No Other Duties, Etc	  	 	110	  
		 	10.9	 	The Agent May File Proofs of Claim	  	 	110	  
		 	10.10	 	Collateral and Guaranty Matters	  	 	111	  
		 	10.11	 	Secured Hedging Agreements; Bank Products	  	 	111	  
		 	10.12	 	Reimbursement by Lenders	  	 	112	  
		
	 ARTICLE 11 MISCELLANEOUS
	  	 	112	  

  
 iii 

									
				
		 	11.1	 	Cumulative Remedies; No Waiver	  	 	112	  
		 	11.2	 	Amendments; Consents	  	 	112	  
		 	11.3	 	Costs and Expenses	  	 	114	  
		 	11.4	 	Nature of Lenders’ Obligations	  	 	115	  
		 	11.5	 	Survival of Representations and Warranties	  	 	115	  
		 	11.6	 	Notices	  	 	115	  
		 	11.7	 	Execution of Loan Documents	  	 	115	  
		 	11.8	 	Binding Effect; Assignment	  	 	115	  
		 	11.9	 	Right of Setoff	  	 	120	  
		 	11.10	 	Sharing of Setoffs	  	 	120	  
		 	11.11	 	Indemnity by Borrower	  	 	121	  
		 	11.12	 	Nonliability of the Lenders	  	 	122	  
		 	11.13	 	No Third Parties Benefited	  	 	122	  
		 	11.14	 	Confidentiality	  	 	122	  
		 	11.15	 	Further Assurances	  	 	123	  
		 	11.16	 	Integration	  	 	123	  
		 	11.17	 	GOVERNING LAW; VENUE	  	 	123	  
		 	11.18	 	Severability of Provisions	  	 	124	  
		 	11.19	 	Headings	  	 	124	  
		 	11.20	 	Time of the Essence	  	 	124	  
		 	11.21	 	Hazardous Material Indemnity	  	 	124	  
		 	11.22	 	DISPUTES	  	 	125	  
		 	11.23	 	Purported Oral Amendments	  	 	125	  
		 	11.24	 	Patriot Act	  	 	126	  
		 	11.25	 	[Reserved]	  	 	126	  
		 	11.26	 	Replacement of Lenders	  	 	126	  
		 	11.27	 	Judgment Currency	  	 	126	  
		 	11.28	 	Keepwell	  	 	127	  
		 	11.29	 	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	  	 	127	  

  
 iv 

 Exhibits 
  

					
	A	  	–  	  	Form of Assignment and Acceptance
	B	  	–  	  	Form of Compliance Certificate
	C	  	–  	  	Form of Pricing Certificate
	D	  	–  	  	Form of Request for Loan
	E-1	  	–  	  	Form of Revolving Note
	E-2	  	–  	  	Form of Swing Line Note
	F-1	  	–  	  	Form of Affiliate Subordination Agreement
	F-2	  	–  	  	Form of Subordination Agreement
	G-1	  	–  	  	Intercreditor Terms (Pari Passu)
	G-2	  	–  	  	Intercreditor Terms (Junior)
	H	  	–  	  	Form of Increased Commitment Letter
	I	  	–  	  	Form of Joinder Agreement
	J	  	–  	  	Form of New Term Facility Supplement
	K	  	–  	  	Form of Extended Revolving Credit Facility Agreement
	L	  	–  	  	Form of Extended Term Facility Agreement
	M	  	–  	  	Form of Secured Party Designation Notice
	N-1	  	–  	  	Form of U.S. Tax Compliance Certificate
	N-2	  	–  	  	Form of U.S. Tax Compliance Certificate
	N-3	  	–  	  	Form of U.S. Tax Compliance Certificate
	N-4	  	–  	  	Form of U.S. Tax Compliance Certificate
	O	  	–  	  	Form of Subsidiary Guaranty
	P	  	–  	  	Form of Subsidiary Pledge Agreement
	Q	  	–  	  	Form of Subsidiary Security Agreement

 Schedules 
  

			
	1.1	  	Lender Commitments
	2.4	  	Existing Letters of Credit
	4.4	  	Subsidiaries
	4.8	  	Trade Names
	4.10	  	Material Litigation
	4.18	  	Hazardous Materials Matters
	4.23	  	Communications Licenses
	5.4	  	Insurance
	6.9	  	Existing Liens
	6.10	  	Existing Indebtedness and Guaranty Obligations

  
 v 

 CREDIT AGREEMENT 

Dated as of November 26, 2013 

THIS CREDIT AGREEMENT is entered into by and among ViaSat, Inc., a Delaware corporation (“Borrower”), each Lender (as
hereafter defined), and MUFG Union Bank, N.A., a member of MUFG, a global financial group (“MUFG”), as administrative agent and collateral agent to the Lenders (in such capacities and together with any successors or assigns, the
“Agent”), with reference to the following facts: 
 RECITALS 

WHEREAS, Borrower has requested that the Lenders provide a credit facility for the purposes set forth herein, and the Lenders are willing to
do so on the terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements herein
contained, the parties hereby agree as follows: 
 ARTICLE 1 

DEFINITIONS AND ACCOUNTING TERMS 

1.1 Defined Terms. As used in this Agreement, the following terms shall have the respective meanings set forth below: 

“2020 Senior Notes” means the $575,000,000 in aggregate principal amount of 6.875% senior unsecured notes due 2020 issued by
Borrower and the Exchange Notes issued in exchange therefor, and includes the associated Guaranty Obligations of the Subsidiary Guarantors in respect thereof. 

“Acceptable Exclusions” means: 

(1) war, invasion or hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an
actual, impending or expected attack by: 
 (a) any government or sovereign power (de jure or de facto), 

(b) any authority maintaining or using a military, naval or air force, 

(c) a military, naval or air force, or 

(d) any agent of any such government, power, authority or force; 

(2) any anti-satellite device, or device employing atomic or nuclear fission and/or fusion, or device employing laser or directed energy beams;

 (3) insurrection, strikes, labor disturbances, riots, civil commotion, rebellion, revolution, civil war, usurpation, or action taken by a
government authority in hindering, combating or defending against such an occurrence, whether there be declaration of war or not; 
 (4)
confiscation, nationalization, seizure, restraint, detention, appropriation, requisition for title or use by or under the order of any government or governmental authority or agent (whether secret or

 
otherwise or whether civil, military or de facto) or public or local authority or agency (whether secret or otherwise); 

(5) nuclear reaction, nuclear radiation, or radioactive contamination of any nature, whether such loss or damage be direct or indirect, except
for radiation naturally occurring in the space environment; 
 (6) electromagnetic or radio frequency interference, except for physical
damage to the Covered Satellite directly resulting from such interference; 
 (7) willful or intentional acts of the named insured designed
to cause loss or failure of the Covered Satellite; 
 (8) any act of one or more Persons, whether or not agents of a sovereign power, for
political or terrorist purposes and whether the loss, damage or failure resulting therefrom is accidental or intentional; 
 (9) any unlawful
seizure or wrongful exercise of control of the Covered Satellite and/or launch vehicle made by any Person or Persons acting for political or terrorist purposes; 

(10) loss of income or revenue, incidental damages or indirect and/or consequential loss; 

(11) extra expenses, except to the extent this exclusion conflicts with the insuring agreements’ provisions for corrective measures; 

(12) third party liability; 
 (13)
loss of a redundant component(s) that does not cause a transponder or beam failure; and 
 (14) such other similar exclusions or
modifications to the foregoing exclusions as either may be customary for policies of such type as of the date of issuance or renewal of such coverage or may be otherwise reasonably acceptable to Borrower. 

“Acquisition” means any transaction, or any series of related transactions, consummated after the Closing Date, by which
Borrower and/or any of its Restricted Subsidiaries directly or indirectly (a) acquires any ongoing business or all or substantially all of the assets of any Person (other than Borrower or any of its Restricted Subsidiaries), whether through a
purchase of assets, a merger or otherwise, (b) acquires control of securities of a Person representing more than 50% of the ordinary voting power for the election of directors or other governing body if the business affairs of such Person are
managed by a board of directors or other governing body or (c) acquires control of more than 50% of the ownership interest in any partnership, joint venture, limited liability company, business trust or other Person that is not managed by a
board of directors or other governing body. 
 “Advance” means any advance made or to be made by any Lender to Borrower as
provided in Article 2 or pursuant to the terms of any New Term Facility Supplement or Extended Facility Agreement, and includes each Alternate Base Rate Advance and Eurodollar Rate Advance. 

“Affiliate” means, as to any Person, any other Person which directly or indirectly controls, or is under common control with,
or is controlled by, such Person. As used in this definition, “control” (and the correlative terms, “controlled by” and “under common control with”) shall mean possession, directly or indirectly, of power to direct or
cause the direction of management or policies (whether through 

  
 2 

 
ownership of securities or partnership or other ownership interests, by contract or otherwise); provided that, in any event, any Person that owns, directly or indirectly, 10% or more of
the securities having ordinary voting power for the election of directors or other governing body of a corporation that has more than 100 record holders of such securities, or 10% or more of the partnership or other ownership interests of any other
Person that has more than 100 record holders of such interests, will be deemed to be an Affiliate of such corporation, partnership or other Person. 

“Affiliate Subordination Agreement” means a subordination agreement between Borrower or a Subsidiary Guarantor, as applicable,
as the borrower thereunder and a Subsidiary that is not a Subsidiary Guarantor, as the lender thereunder substantially in the form attached hereto as Exhibit F-1 with such modifications, if any, subject to the Agent’s reasonable
approval. 
 “Agent” shall have the meaning provided in the introductory paragraph to this Agreement. 

“Agent Fee Letter” means that certain letter agreement dated October 28, 2013 between the Agent and Borrower. 

“Agent’s Office” means the Agent’s address as set forth on the signature pages of this Agreement, or such other
address as the Agent hereafter may designate by written notice to Borrower and the Lenders. 
 “Aggregate In-Orbit Insurance
Amount” means 75% of the aggregate net book value of all in-orbit Covered Satellites other than Excluded Satellites. For the purposes of this definition, aggregate net book value with respect to a Covered Satellite shall exclude any
liability of a satellite purchaser to pay the satellite manufacturer any satellite performance incentive payments and any liability of a satellite manufacturer to pay the satellite purchaser any satellite performance warranty paybacks. 

“Agreement” means this Credit Agreement. 

“Alternate Base Rate” means, as of any date of determination, the rate per annum (rounded upwards, if necessary, to the next
1/100 of 1%) equal to the highest of (a) the Prime Rate in effect on such date, (b) the Federal Funds Rate in effect on such date plus 1/2 of 1% (50 basis points) or (c) the Eurodollar Rate in effect on such date plus 1% (100 basis
points). 
 “Alternate Base Rate Advance” means an Advance under the Commitment made hereunder, under a New Term Facility
Supplement or an Extended Facility Agreement and specified to be an Alternate Base Rate Advance (including a Swing Line Advance) in accordance with Article 2 or under such New Term Facility Supplement or an Extended Facility Agreement, as
applicable. 
 “Alternate Base Rate Loan” means a Loan made hereunder, under a New Term Facility Supplement or an Extended
Facility Agreement and specified to be an Alternate Base Rate Loan, or a Swing Line Advance; in each case, in accordance with Article 2 or pursuant to the terms of such New Term Facility Supplement or an Extended Facility Agreement, as
applicable. 
 “AML Laws” means all laws, rules, and regulations of any jurisdiction applicable to any Lender, Borrower,
Borrower’s Subsidiaries or any guarantor or any other party providing credit support in respect of any Person’s obligations under the Loan Documents from time to time concerning or relating to anti-money laundering. 

“Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to Borrower or any of its
Subsidiaries from time to time concerning or relating to bribery or corruption. 

  
 3 

 “Applicable Margin” means (a) with respect to any Advances and Loans that
are subject to a New Term Facility Supplement, the percentages per annum set forth in the applicable New Term Facility Supplement, (b) with respect to any Advances and Loans that are subject to an Extended Facility Agreement, the percentages
per annum set forth in the applicable Extended Facility Agreement and (c) otherwise, for each Pricing Period, the following percentages per annum, based upon the Total Leverage Ratio (calculated to include letters of credit as provided in the
definition of “Funded Debt”) as of the last day of the Fiscal Quarter most recently ended prior to the commencement of that Pricing Period: 
  

									
	 Applicable
Pricing Level
	  	 Total Leverage Ratio
	  	Alternate
Base Rate
Loans	  	Eurodollar
Rate Loans	  	Commitment
Fee
	 I
	  	Less than 2.00 to 1.00	  	75 bps	  	175 bps	  	25 bps
	 II
	  	Greater than or equal to 2.00 to 1.00, but less than 2.75 to 1.00	  	100 bps	  	200 bps	  	30 bps
	 III
	  	Greater than or equal to 2.75 to 1.00, but less than 3.50 to 1.00	  	125 bps	  	225 bps	  	35 bps
	 IV
	  	Greater than or equal to 3.50 to 1.00, but less than 4.00 to 1.00	  	150 bps	  	250 bps	  	40 bps
	 V
	  	Greater than or equal to 4.00 to 1.00	  	175 bps	  	275 bps	  	45 bps

 provided that (i) in the event that Borrower does not deliver a Pricing Certificate with respect to any Pricing
Period prior to the commencement of such Pricing Period, then until such Pricing Certificate is delivered, the Applicable Pricing Level for that Pricing Period shall be Pricing Level V, but once Borrower has delivered a Pricing Certificate with
respect to such Pricing Period, then any resulting change in the Applicable Pricing Level shall be made retroactively to the beginning of such Pricing Period, and (ii) the determination of the Applicable Pricing Level for any period shall be
subject to the provisions of Section 3.8(b). The Applicable Margin in effect from the Closing Date through the date a Pricing Certificate is required to be delivered hereunder with respect to the first Pricing Period commencing after the
Closing Date shall be determined based upon Applicable Pricing Level II. 
 “Approved Fund” means, with respect to any
Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor. 

“Arrangers” means Merrill Lynch, Pierce, Fenner & Smith Incorporated (or any other registered broker-dealer
wholly-owned by Bank of America Corporation to which all or substantially all of Bank of America Corporation’s or any of its subsidiaries’ investment banking, commercial lending services or related businesses may be transferred following
the date of this Agreement), MUFG and JPMorgan Chase Bank, N.A., in their capacity as Joint Lead Arrangers. 
 “Assignment and
Acceptance” means an Assignment and Acceptance substantially in the form of Exhibit A. 
 “Available Basket
Amount” means, at any date of determination, an amount (which shall not be less than $0) determined on a cumulative basis equal to the difference between: (a) the sum (without duplication) of: (i) $25,000,000, plus
(ii) Cumulative Consolidated Net Income (which shall not be less 

  
 4 

 
than zero), plus (iii) the aggregate amount of dividends and distributions received by Borrower or its Restricted Subsidiaries in the form of Cash or Cash Equivalents on or prior to
such date from Investments acquired or made utilizing the Available Basket Amount, plus (iv) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary after the Second Amendment Effective Date, the fair
market value of the Investment in such Unrestricted Subsidiary at the time of the redesignation of such Unrestricted Subsidiary as a Restricted Subsidiary (which shall not exceed the original amount of such Investment), plus (v) the Net
Cash Proceeds received from any issuance or sale of its Equity Interests occurring after the Closing Date (other than issuances of Disqualified Stock and issuances or sales pursuant to an employee stock ownership plan or other employee benefit plan
and excluding Net Cash Proceeds of any issuance or sale of Equity Interests for a specifically identified purpose that were expended for such specifically identified purpose without a corresponding reduction of the Available Basket Amount),
plus (vi) the after-tax amount (after taking into account any available tax credit or deductions and any tax sharing arrangements) of all Distributions received in Cash by the Loan Parties after the Closing Date that are attributable to
their Equity Interests in any Joint Venture or any Subsidiary that is not a Subsidiary Guarantor, plus (vii) all Net Cash Sales Proceeds received from Dispositions permitted by this Agreement, minus (b) the aggregate amount
of all Investments, Capital Expenditures, Distributions and payments in respect of Subordinated Obligations, in each case to the extent made after the Closing Date with amounts available under the Available Basket Amount. 

“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 EEA Financial Institution. 
 “Bail-In Legislation” means, 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 for such EEA Member Country from time to time which is described in the EU Bail-In Legislation
Schedule. 
 “Bank Product Lender” means any Lender or any Affiliate of a Lender providing Bank Products. 

“Bank Products” means any one or more of the following types of services or facilities extended to Borrower or any Restricted
Subsidiary by any Lender or any Affiliate of a Lender: (i) credit cards, debit cards and p-cards (including purchasing cards and commercial cards); (ii) automated clearing house transfer or funds transfer; (iii) overdrafts;
(iv) deposit accounts; and (v) zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services; provided that
for any of the foregoing to be included as a “Bank Product” on any date of determination by the Agent of the Secured Obligations, the applicable Bank Product Lender (other than the Agent or an Affiliate of the Agent) must have delivered a
Secured Party Designation Notice to the Agent prior to such date of determination. 
 “Banking 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 Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means any such
day that is also a day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market. 

“Bankruptcy Event” means, with respect to any Person, (i) a court or Governmental Agency having jurisdiction in the
premises shall enter a decree or order for relief in respect of such Person in an involuntary case under any Debtor Relief Law now or hereafter in effect, or appoint a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar
official of such Person or for any substantial part of its property or ordering the winding up or liquidation of its affairs, (ii) an involuntary case under any applicable Debtor Relief Law now or hereafter in effect is commenced against such
Person and such 

  
 5 

 
petition remains unstayed and in effect for a period of 60 consecutive days, (iii) such Person shall commence a voluntary case under any applicable Debtor Relief Law now or hereafter in
effect, or consent to the entry of an order for relief in an involuntary case under any such law, or consent to the appointment or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official of such
Person or any substantial part of its property or make any general assignment for the benefit of creditors or (iv) such Person shall admit in writing its inability to pay its debts generally as they become due or any action shall be taken by
such Person in furtherance of any of the aforesaid purposes. 
 “Basel III” 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. 

“Borrower” shall have the meaning provided in the introductory paragraph to this Agreement. 

“Borrower Pledge Agreement” means the Pledge Agreement, dated as of the date hereof, between Borrower and the Agent. 

“Borrower Security Agreement” means the Security Agreement, dated as of the date hereof, between Borrower and the Agent. 

“Capital Expenditure” means any expenditure by Borrower or any of its Restricted Subsidiaries for or related to fixed assets
or purchased intangibles that is treated as a capital expenditure under GAAP, including any amount which is required to be treated as an asset subject to a Capital Lease Obligation. The amount of Capital Expenditures in respect of fixed
assets purchased or constructed by Borrower or any of its Restricted Subsidiaries in any fiscal period (a) shall be net of (i) any net sales proceeds received during such fiscal period by Borrower or such Restricted Subsidiary for
fixed assets sold by Borrower or such Restricted Subsidiary and (ii) any casualty insurance proceeds received during such fiscal period by Borrower or such Restricted Subsidiary for casualties related to real property, equipment or fixed assets
and applied to the repair or replacement thereof and (b) shall not include (i) Permitted Acquisitions, (ii) expenditures designated as funded with Net Cash Proceeds of any issuance or sale of Equity Interests and (iii) up to
$10,000,000 of expenditures in any Fiscal Year for or related to leasehold improvements with respect to any of Borrower’s or its Restricted Subsidiaries’ facilities. 

“Capital Lease” means, with respect to any Person, any lease of, or other arrangement conveying the right to use, any property
(whether real, personal or mixed) by such Person as lessee that has been or is required to be accounted for as a capital lease on a balance sheet of such Person prepared in accordance with GAAP; provided that, “Capital Lease”
shall not include any satellite capacity, bandwidth, beam, transponder, thread or similar lease, rental or right of use arrangements or other leases of all or a portion of a satellite with a third party to the extent required to be classified and
accounted for as a capitalized lease for financial reporting purposes in accordance with GAAP that either (i) have a term of five (5) years or less, or (ii) have a term of more than five (5) years and for which such Person has a
commitment in place from an unaffiliated customer to use all or a substantial portion of the leased item for a substantially commensurate period. 

“Capital Lease Obligations” means all monetary obligations of a Person under any Capital Lease. 

“Cash” means, when used in connection with any Person, all monetary and non-monetary items owned by that Person that are
treated as cash in accordance with GAAP, consistently applied. 
 “Cash Collateralize” means (i) to pledge and deposit
with or deliver to the Agent, for the benefit of one or more of the Issuing Lender or the Lenders, as collateral for L/C Obligations or obligations of the 

  
 6 

 
Lenders to fund participations in respect of L/C Obligations, cash in the amount equal to 103% of the face amount of the relevant Letter of Credit, (ii) a “back-up” standby letter
of credit issued by an institution reasonably acceptable to the Agent and the Issuing Lender, or (iii) such other credit support as shall be acceptable to the Agent and the Issuing Lender, in each case pursuant to documentation in form and
substance reasonably satisfactory to the Agent and the Issuing Lender. “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 money-market instruments of the type described in Borrower’s Investment Policy, a copy of which
has been previously provided to the Agent. 
 “Cash Interest Expense” means Interest Expense that is paid or currently
payable in Cash. 
 “Certificate” means a certificate signed by a Senior Officer or Responsible Official (as applicable) of
the Person providing the certificate. 
 “Change in Control” means (a) any transaction or series of related
transactions in which any Unrelated Person or two or more Unrelated Persons acting in concert acquire beneficial ownership (within the meaning of Rule 13d-3(a)(l) under the Securities Exchange Act of 1934, as amended), directly or indirectly, of 35%
or more of the outstanding Common Stock, (b) Borrower conveys, transfers or leases all or substantially all of its and its Restricted Subsidiaries’ properties and assets, taken as a whole, to any Person, (c) Borrower consolidates with
or merges into another Person or any Person consolidates with or merges into Borrower, in either event pursuant to a transaction in which the outstanding Common Stock is changed into or exchanged for cash, securities or other property, with the
effect that any Unrelated Person becomes the beneficial owner, directly or indirectly, of 35% or more of Common Stock, or (d) during any period of 24 consecutive months, individuals who at the beginning of such period constituted the board of
directors of Borrower (together with any new or replacement directors whose election or appointment by the board of directors, or whose nomination for election, was approved by a vote of at least a majority of the directors then still in office who
were either directors at the beginning of such period or whose election or appointment or nomination for reelection was previously so approved) cease for any reason to constitute a majority of the directors then in office. For purposes of the
foregoing, the term “Unrelated Person” means any Person other than (i) a Restricted Subsidiary of Borrower or (ii) an employee stock ownership plan or other employee benefit plan covering the employees of Borrower and its
Restricted Subsidiaries. 
 “Change in Law” means the occurrence, after the date hereof, of any of the following:
(a) the adoption or taking effect of any Law, (b) any change in any Law or in the administration, interpretation, implementation or application thereof by any Governmental Agency or (c) the making or issuance of any request, rule,
guideline or directive (whether or not having the force of law) by any Governmental Agency; provided that notwithstanding anything herein to the contrary, (i) Dodd-Frank and (ii) Basel III shall in each case be deemed to be a
“Change in Law”, regardless of the date enacted, adopted or issued. 
 “Claim” has the meaning given in
Section 11.22. 
 “Closing Date” means November 26, 2013. 

“Code” means the Internal Revenue Code of 1986, as amended or replaced and as in effect from time to time. 

“Collateral” means all of the collateral covered by the Security Agreements. 

  
 7 

 “Commercial Letter of Credit” means each Letter of Credit issued to support the
purchase of goods and/or services by Borrower or any of its Restricted Subsidiaries which is determined to be a commercial letter of credit by the Issuing Lender. 

“Commitment” means, with respect to any Lender, such Lender’s Revolving Commitment, Extended Revolving Commitment, New
Term Loan Commitment and Extended Term Loan Commitment. 
 “Commitment Increase Notice” has the meaning given in
Section 2.8(a). 
 “Commodity Agreement” means any commodity futures contract, commodity swap, commodity option
or other similar agreement or arrangement entered into by Borrower or any of its Restricted Subsidiaries designed or intended to protect Borrower or any of its Restricted Subsidiaries against fluctuations in the price of commodities actually used in
the ordinary course of business of Borrower and/or its Restricted Subsidiaries. 
 “Commodity Exchange Act” means the
Commodity Exchange Act (7 U.S.C. § 1 et seq.). 
 “Common Stock” means the common stock of Borrower or its
successor. 
 “Communications Act” means the Communications Act of 1934, as amended, and any successor federal statute, and
the rules and regulations and published policies of the FCC promulgated thereunder. 
 “Communications Laws” means all Laws
issued or promulgated by a Governmental Agency relating to the use of radiofrequency spectrum, the launch, orbit and control of space stations, earth stations, or other communications facilities, or the offering or provision of communications,
telecommunications or information services. 
 “Communications License” means any license, authorization, approval, order,
consent or permit issued or granted by any Governmental Agency pursuant to Communications Laws, including the Communications Licenses listed on Schedule 4.23. 

“Compliance Certificate” means a certificate in the form of Exhibit B, properly completed and signed by a Senior
Officer of Borrower. 
 “Consolidated Total Assets” means, as of any date of determination, the total amount of all assets
of Borrower and its Restricted Subsidiaries, determined on a consolidated basis in accordance with GAAP, as shown on the consolidated balance sheet of Borrower as of Borrower’s most recent Fiscal Quarter end for which financial statements
prepared on a consolidated basis in accordance with GAAP are available. 
 “Contractual Obligation” means, as to any Person,
any material provision of any outstanding security issued by that Person or of any material agreement, instrument or undertaking to which that Person is a party or by which it or any of its Property is bound. 

“Covered Satellite” means any Satellite or a portion of a Satellite, as applicable, with respect to which Borrower or any
other Loan Party owns or retains risk of loss. 
 “Credit Issuance” means the making of an Advance or the issuance of a
Letter of Credit. 

  
 8 

 “Cumulative Consolidated Net Income” means, as of any date of determination, 50%
of the Net Income of Borrower and its Restricted Subsidiaries for the period (taken as one accounting period) beginning on the first day of the Fiscal Quarter in which the Second Amendment Effective Date occurs to the end of Borrower’s most
recently ended Fiscal Quarter for which financial statements prepared on a consolidated basis in accordance with GAAP are available (or, in the case such Net Income for such period is a deficit, minus 100% of such deficit). 

“Currency Agreement” means any foreign exchange contract, currency swap agreement, futures contract or option contract with
respect to foreign exchange rates or currency values, or other similar agreement entered into by Borrower or any of its Restricted Subsidiaries. 

“Customer Equipment” means customer premises equipment, any other customer receiving and transmitting equipment and any other
equipment associated with the delivery of services (e.g., aircraft and maritime terminal equipment). 
 “Debt Fund
Affiliate” means an Affiliate of a Disqualified Institution that is a bona fide debt fund that is engaged in making, purchasing holding or otherwise investing in a diversified portfolio of commercial loans and similar extensions of credit
in the ordinary course of business and whose managers have fiduciary duties to the investors in such fund independent of, or in addition to, their duties to such Disqualified Institutions. 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, as amended from time to time, and all other applicable
liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws from time to time in effect affecting the rights of creditors generally. 

“Default” means any event that, with the giving of any applicable notice or passage of time specified in
Section 9.1, or both, would be an Event of Default. 
 “Default Rate” has the meaning given in
Section 3.1(d). 
 “Defaulting Lender” means, subject to Section 2.10(b), any Lender that
(a) has failed to (i) fund all or any portion of its Loans within two Banking Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Agent and Borrower 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 Agent, the Issuing Lender, 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 Banking Days of the date
when due, (b) has notified Borrower, the Agent, the Issuing Lender or the Swing Line Lender in 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 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 Banking Days after written request by the Agent or Borrower, to confirm in writing to the Agent and
Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Agent and
Borrower), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator,
assignee for the benefit of creditors or similar Person charged with reorganization or 

  
 9 

 
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 (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
Agency 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 Agency) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through
(d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.10(b)) upon delivery of written notice of such determination to Borrower, the Issuing
Lender, the Swing Line Lender and each Lender. 
 “Designated Deposit Account” means a deposit account to be maintained by
Borrower with the Agent or one of its Affiliates, as from time to time designated by Borrower by written notification to the Agent. 

“Designated Eurodollar Market” means the London interbank eurodollar market. 

“Disposition” means the sale, transfer or other disposition in any single transaction or series of related transactions of any
asset, or group of related assets, of Borrower or any of its Restricted Subsidiaries the aggregate fair market value (as reasonably determined in good faith by a Senior Officer of Borrower) of which is more than the Disposition Threshold;
provided that none of the following shall constitute a Disposition: (i) inventory or other assets sold, transferred or otherwise disposed of in the ordinary course of business of Borrower or its Restricted Subsidiaries, (ii) fixed
assets or equipment sold, transferred or otherwise disposed of where substantially similar fixed assets or equipment in replacement thereof has theretofore been acquired, or thereafter within 90 days is acquired, by Borrower or any of its
Restricted Subsidiaries, (iii) assets sold, transferred or otherwise disposed of that are (x) obsolete, surplus, damaged or worn out or (y) are no longer useful in the business of Borrower and its Restricted Subsidiaries, and
(iv) dispositions in the form of licensing or sublicensing of intellectual property or other general intangibles or licenses, leases or subleases of other property in the ordinary course of business; and, provided further that, for
purposes of the calculation of the Available Basket Amount only, the requirement that a sale, transfer or other disposition have an aggregate fair market value of more than the Disposition Threshold to constitute a “Disposition” shall not
apply. 
 “Disposition Threshold” means, as of any date of determination, an amount equal to the greater of
(i) $25,000,000 and (ii) 1.5% of Consolidated Total Assets. 
 “Disqualified Institution” means (a) a Person
who is a competitor of Borrower (or any division, operating unit or Subsidiary thereof) and whose name is specifically set forth on a list provided by Borrower to the Agent, for distribution to the Lenders (as such list may be amended in writing
from time to time, by Borrower delivered to the Agent) and (b) any Person (other than a competitor of Borrower (or any division, operating unit of Subsidiary thereof)) whose name is specifically set forth on a list provided by Borrower to the
Agent at the time of delivery of a Commitment Increase Notice with respect to the incurrence of a New Term Loan, for distribution to the Lenders, together with the Affiliates of such Disqualified Institution that are readily identifiable as an
Affiliate of such Disqualified Institution on the basis of such Affiliate’s name; provided that, in each case described in the foregoing clauses (a) and (b), such designation shall become effective one day after the date that such
written designation to the Agent is made available to the Lenders on DebtDomain, IntraLinks, Syndtrak or another similar electronic system but which shall not apply retroactively to disqualify any Persons that have previously become a Lender;
provided, further, that (i) the list of Disqualified Institutions may not be amended after the 

  
 10 

 
occurrence, and during the continuance, of an Event of Default under Section 9.1(a), 9.1(b) or 9.1(j)) and (ii) a “Disqualified Institution” shall not
include any Debt Fund Affiliates. 
 “Disqualified Stock” means any Equity Interests (but excluding any debt security which
is convertible, or exchangeable, for capital stock), which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, matures or is mandatorily redeemable,
pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof, in whole or in part, on or prior to the date that is 91 days after the latest applicable Maturity Date. 

“Distribution” means, with respect to Equity Interests of any Person, (a) any payment in Cash or Property for the
retirement, redemption, purchase or other acquisition by such Person of any such Equity Interest (but, for the avoidance of doubt, excluding (i) any amount that represents all or a portion of the exercise or exchange price deemed paid by such
Person upon an exercise or exchange of warrants, options or other rights to purchase or acquire any Equity Interests, (ii) any amount deemed paid by such Person with respect to withholding taxes or (iii) any amount paid in lieu of issuance
of fractional shares), (b) the declaration or (without duplication) payment by such Person of any dividend in Cash or in Property on or with respect to any such Equity Interest, (c) any Investment by such Person in the holder of 5% or more
of any such Equity Interests if a purpose of such Investment is to avoid characterization of the transaction as a Distribution and (d) any other payment in Cash or Property by such Person constituting a distribution under applicable Laws with
respect to such Equity Interests. 
 “Dodd-Frank” means the Dodd-Frank Wall Street Reform and Consumer Protection Act and
all requests, rules, guidelines or directives thereunder or issued in connection therewith. 
 “Dollar Equivalent” means, on
any date of determination, with respect to the amount available to be drawn under any Foreign Currency Letter of Credit, the equivalent amount thereof in Dollars as determined by the Issuing Lender of such Letter of Credit on such date on the basis
of the Spot Rate for the purchase of Dollars with such Permitted Foreign Currency. 
 “Dollars” or “$”
means United States dollars. 
 “Domestic Restricted Subsidiary” means a Domestic Subsidiary that is a Restricted
Subsidiary. 
 “Domestic Subsidiary” means a Subsidiary organized under the laws of the United States or any state or
territory thereof or the District of Columbia. 
 “Earlier Revolving Commitment Maturity Date” has the meaning given in
Section 2.4(l). 
 “EBITDA” means, for any period, the sum of (a) Net Income plus (b) without
duplication and, other than in the case of clauses (x), (xv) and (xviii), to the extent deducted in determining Net Income for such period: 

(i) Interest Expense, 

(ii) expense for taxes paid or accrued, 

(iii) depreciation, 

(iv) amortization, 

  
 11 

 (v) costs, charges, and expenses as a result of the disposition of Customer
Equipment, 
 (vi) any unusual, extraordinary or nonrecurring losses so long as the total add-back pursuant to this clause
(b)(vi) in any four consecutive fiscal quarter period, together with any add-backs pursuant to clause (b)(xviii) below and clause (b)(xix) below for such period and the total increase to EBITDA as a result of pro forma “run-rate” cost
savings, operating expense reductions and synergies adjustments pursuant to the definition of “Pro Forma Basis” for such period, shall be limited to 15.0% of EBITDA for such period (determined prior to giving effect to the addbacks
contemplated by this clause (b)(vi), clause (b)(xviii) below and clause (b)(xix) below and increases to EBITDA as a result of pro forma “run-rate” cost savings, operating expense reductions and synergies adjustments pursuant to the
definition of “Pro Forma Basis”), 
 (vii) any non-cash charges arising from compensation expense as a result of
the adoption of Financial Accounting Standards Board Statement 123 (Revised 2004), “Share-Based Payment”, which requires certain stock-based compensation to be recorded as expense within Borrower’s consolidated statement of
operations, 
 (viii) non-recurring expenses for professional services, regulatory clearances and filings, transfer fees,
severance payments and other similar closing costs (to the extent such expenses are not capitalized by Borrower) incurred in connection with Permitted Acquisitions or similar Investments, whether or not consummated, 

(ix) [reserved], 

(x) any expenses that have been reimbursed by third parties during such period, including third party insurers, to the extent
such reimbursements are not included in determining Net Income, 
 (xi) fees, costs, expenses, commissions and original issue
discounts paid, deducted or accrued by Borrower in connection with the transactions contemplated by this Agreement, 
 (xii)
reasonable fees, costs, expenses, original issue discounts, premiums (including tender premiums, prepayment penalties, breakage costs, and other similar amounts paid to facilitate or effect the early repayment or redemption of, or tender for,
Indebtedness) and commissions, in each case that are or have been incurred, paid or deducted in connection with any actual or proposed permitted issuance or refinancing of Indebtedness or permitted issuance of Equity Interests or any actual or
proposed permitted Disposition, and all reasonable fees, costs and expenses associated with the actual or proposed registration or exchange of any permitted debt or equity securities, in each case, whether or not such issuance, refinancing,
Disposition, registration or exchange is consummated, 
 (xiii) reasonable fees, costs and expenses incurred in connection
with any amendment, supplement or modification to Indebtedness (or any agreement, indenture or other instrument relating thereto) permitted hereby, in each case, whether or not consummated, 

  
 12 

 (xiv) any non-cash loss attributable to the mark-to-market movement in the
valuation of Hedging Agreements nor prohibited under Article 6 pursuant to FASB Accounting Standards Codification 815 – “Derivatives and Hedging”, 

(xv) proceeds from any business interruption insurance received during such period to the extent such proceeds are not already
included in Net Income, 
 (xvi) losses from discontinued operations in accordance with GAAP, 

(xvii) cash and non-cash charges resulting from the application of FASB Accounting Standards Codification 805 –
“Business Combinations” (including with respect to earn-outs in connection with any Permitted Acquisition), 

(xviii) the amount of cost savings and other operating improvements or synergies (net of the amount of actual benefits realized
during such period) projected by Borrower in good faith to be realized during the next four consecutive Fiscal Quarters (which cost savings shall be added to EBITDA as so projected until fully realized and calculated on a Pro Forma Basis as though
such cost savings, operating improvements and synergies had been realized on the first day of such period) as a result of an EBITDA Event or related to restructuring, cost saving or similar initiatives of Borrower, so long as (A) such cost
savings are reasonably identifiable and factually supportable, (B) the actions causing such cost savings in connection with an EBITDA Event or related to restructuring, costs saving or similar initiatives are taken within 12 months of such
EBITDA Event or the commencement of such restructuring, cost saving or similar initiative and the Agent shall have received a Certificate of a Responsible Official that such actions have been taken within such time period, (C) the cost savings
described in this clause (xviii) shall only be added back until the date that is 24 months from the date of the applicable EBITDA Event or restructuring, cost saving or similar initiative and (D) the total add-back pursuant to this clause
(b)(xviii) in any four consecutive Fiscal Quarter period, together with any add-backs pursuant to clause (b)(vi) above and clause (b)(xix) below for such period and the total increase to EBITDA as a result of pro forma “run-rate” cost
savings, operating expense reductions and synergies adjustments pursuant to the definition of “Pro Forma Basis” for such period, shall be limited to 15.0% of EBITDA for such period (determined prior to giving effect to the addbacks
contemplated by this clause (b)(xviii), clause (b)(vi) above and clause (b)(xix) below and increases to EBITDA as a result of pro forma “run-rate” cost savings, operating expense reductions and synergies adjustments pursuant to the
definition of “Pro Forma Basis”), 
 (xix) transition, business optimization or restructuring charges and
integration costs, accruals or reserves and other unusual or non-recurring charges (including charges directly related to implementation of cost-savings initiatives), including, those related to severance, relocation, signing costs, signing,
retention or completion bonuses, opening and closing/consolidation/integration of facilities and curtailments or modifications to employee benefits plans so long as the total add-back pursuant to this clause (b)(xix) in any four consecutive Fiscal
Quarter period, together with any add-backs pursuant to clause (b)(vi) above and clause (b)(xviii) above for such period and the total increase to EBITDA as a result of pro forma “run-rate” cost savings, operating expense reductions and
synergies adjustments pursuant to the definition of “Pro Forma Basis” for such period, shall be limited to 15.0% of EBITDA for such period (determined prior to giving effect to the addbacks contemplated by this clause (b)(xix), clause
(b)(vi) above and clause (b)(xviii) above and increases to EBITDA as a result of pro forma “run-rate” cost 

  
 13 

 
savings, operating expense reductions and synergies adjustments pursuant to the definition of “Pro Forma Basis”), 

(xx) any other non-cash charges (other than the write-down of current assets) for such period, including goodwill and other
intangible assets, impairment charges or write-offs, stock compensation and non-cash income or expense on benefit plan obligations; 
 minus
(c) to the extent included in Net Income, (i) any non-cash gains, (ii) the amount of any subsequent cash payments in respect of any non-cash charges described in the preceding clause (b)(vii), (iii) interest income,
(iv) income or gains from discontinued operations in accordance with GAAP and (v) other non-cash income for such period; all calculated for Borrower and its Restricted Subsidiaries on a consolidated basis. Notwithstanding the foregoing,
Borrower may, in its sole discretion, elect not to add items back in the determination of EBITDA pursuant to clauses (b)(xviii) and/or (b)(xix) for any period. 

“EBITDA Event” means (i) any Permitted Acquisition or similar Investment, the aggregate consideration with respect to
which is in excess of $25,000,000, (ii) any designation of a Restricted Subsidiary as an Unrestricted Subsidiary, (iii) any designation (or redesignation) of an Unrestricted Subsidiary as a Restricted Subsidiary, (iv) any Distribution
on account of the Equity Interests of Borrower or (v) any Disposition of a Subsidiary, division or operating unit for which historical financial statements for the relevant period are available. 

“ECA Assets” means, collectively, (a) assets or services purchased by any ECA Borrower or ECA Guarantor with the proceeds
of Permitted ECA Financing and relating to the design, installation, testing, launch, manufacture or operation of the ECA Project that is the subject of such Permitted ECA Financing and insurance relating thereto, (b) assets or services
required or used to launch or operate the assets referenced in the foregoing clause (a), (c) project and construction contracts and Communications Licenses and other contracts, insurance policies, licenses, consents, permits and authorizations
related to the assets or services referenced in the foregoing clause (a), and (d) Equity Interests in ECA Borrowers and ECA Guarantors, in each case in clauses (a), (b) and (c) to the extent such assets or services are required by the
definitive documentation with respect to any Permitted ECA Financing to be collateral for such Permitted ECA Financing. 
 “ECA
Borrower” means any Subsidiary of Borrower that is identified in the definitive documentation with respect to any Permitted ECA Financing as a borrower of such Permitted ECA Financing and is not otherwise required to be or become a
Subsidiary Guarantor pursuant to the terms hereof immediately prior to becoming a borrower of Permitted ECA Financing. Upon the repayment in full of all Permitted ECA Financings to which such ECA Borrower is a party, such ECA Borrower shall cease to
be an ECA Borrower until such time, if any, that such Subsidiary of Borrower becomes a borrower with respect to any other Permitted ECA Financing. 

“ECA Guarantor” means any direct or indirect parent (other than Borrower) and any direct or indirect Subsidiary of an ECA
Borrower or an ECA Guarantor, in each case that (a) is required by the definitive documentation with respect to any Permitted ECA Financing to guarantee any obligations of an ECA Borrower under any Permitted ECA Financing, and (b) is not
otherwise required to be or become a Subsidiary Guarantor pursuant to the terms hereof immediately prior to becoming a guarantor of a Permitted ECA Financing. Upon the repayment in full of all Permitted ECA Financings to which such ECA Guarantor is
a party, such ECA Guarantor shall cease to be an ECA Guarantor until such time, if any, that such Person becomes a guarantor with respect to any other Permitted ECA Financing. 

  
 14 

 “ECA Lender” means any export credit agency, facility agent, administrative
agent or lender, as the case may be, under a Permitted ECA Financing. 
 “ECA Project” means, with respect to each Permitted
ECA Financing, the Other Satellite Project to which such Permitted ECA Financing relates. 
 “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. 
 “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. 

“Eligible Assignee” means (a) any Lender, (b) any Affiliate of a Lender, (c) any Approved Fund and (d) any
other Person satisfying the requirements (including consent requirements) of Section 11.8(b); provided that no Disqualified Institution shall qualify as an Eligible Assignee unless approved in writing by Borrower (subject to
Section 11.8(f)). 
 “Eligible Cash and Cash Equivalents” means, as of any date of determination, the sum of,
(i) to the extent positive, (x) non-domestic Cash and Cash Equivalents of Borrower and its Restricted Subsidiaries in an amount not to exceed the aggregate principal amount of Indebtedness of Foreign Restricted Subsidiaries outstanding on
such date minus (y) $10,000,000, plus (ii) domestic Cash and Cash Equivalents of Borrower and its Restricted Subsidiaries in excess of $30,000,000. Notwithstanding the foregoing, Eligible Cash and Cash Equivalents shall not include Cash
and Cash Equivalents subject to a Lien on Collateral securing letters of credit, bank guarantees or Hedging Agreements as contemplated in Section 6.9(k). 

“Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability company,
beneficial interests in a trust or other equivalent equity or ownership interests in any Person, and any option, warrant or other right entitling the holder thereof to purchase or otherwise acquire any such equity interest. 

“ERISA” means the Employee Retirement Income Security Act of 1974, and any regulations or rulings issued pursuant thereto, as
amended or replaced and as in effect from time to time. 
 “ERISA Affiliate” means each Person (whether or not incorporated)
which is required to be aggregated with Borrower pursuant to Section 414 of the Code. 
 “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 Broadband” means Euro Broadband Retail Sàrl, a Swiss corporation. 

  
 15 

 “Eurodollar Banking Day” means any Banking Day on which dealings in Dollar
deposits are conducted by and among banks in the Designated Eurodollar Market. 
 “Eurodollar Lending Office” means, as to
each Lender, its office or branch so designated by written notice to Borrower and the Agent as its Eurodollar Lending Office. If no Eurodollar Lending Office is designated by a Lender, its Eurodollar Lending Office shall be its office at its address
for purposes of notices hereunder. 
 “Eurodollar Market” means a regular established market located outside the United
States of America by and among banks for the solicitation, offer and acceptance of Dollar deposits in such banks. 
 “Eurodollar
Obligations” means eurocurrency liabilities, as defined in Regulation D or any comparable regulation of any Governmental Agency having jurisdiction over any Lender. 

“Eurodollar Period” means, as to each Eurodollar Rate Loan, the period commencing on the date specified by Borrower pursuant
to Section 2.1(c) and ending 1, 2, 3 or, if available, 6 months (or, with the written consent of all of the Lenders, any other period) thereafter, as specified by Borrower in the applicable Request for Loan; provided that: 

(a) The first day of any Eurodollar Period shall be a Eurodollar Banking Day; 

(b) Any Eurodollar Period that would otherwise end on a day that is not a Eurodollar Banking Day shall be extended to the
immediately succeeding Eurodollar Banking Day unless such Eurodollar Banking Day falls in another calendar month, in which case such Eurodollar Period shall end on the immediately preceding Eurodollar Banking Day; and 

(c) No Eurodollar Period shall extend beyond the Maturity Date applicable to such Eurodollar Rate Loan. 

“Eurodollar Rate” means, with respect to any Alternate Base Rate Loan or any Eurodollar Rate Loan, the average of the interest
rates per annum (rounded upward, if necessary, to the next 1/100 of 1%) at which deposits in Dollars are offered to the Agent in the Designated Eurodollar Market at or about 11:00 a.m. local time in the Designated Eurodollar Market, two
(2) Eurodollar Banking Days before the first day of the applicable Eurodollar Period in an aggregate amount approximately equal to the amount of the Advance to be made by the Agent with respect to such Alternate Base Rate Loan or Eurodollar
Rate Loan and for a period of time comparable to the number of days in the applicable Eurodollar Period; provided that (i) for any Alternate Base Rate Loan the applicable Eurodollar Period shall be deemed to be 1 month and (ii) if
the Eurodollar Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 
 “Eurodollar Rate
Advance” means an Advance made hereunder and specified to be a Eurodollar Rate Advance in accordance with Article 2. 

“Eurodollar Rate Loan” means a Loan made hereunder and specified to be a Eurodollar Rate Loan in accordance with Article
2. 
 “European JV Documents” means, collectively, (i) the Eutelsat Framework Agreement, (ii) any framework or
similar agreement entered into in replacement of or in lieu of the Eutelsat Framework Agreement and (iii) any agreement related to the agreements described in the foregoing clauses (i) and (ii). 

  
 16 

 “Eutelsat Framework Agreement” means that certain Framework and Subscription
Agreement, dated as of February 9, 2016, between Borrower and Eutelsat S.A., as amended, restated, supplemented or otherwise modified from time to time. 

“Event of Default” shall have the meaning provided in Section 9.1. 

“Exchange Notes” means any registered secured or unsecured senior notes issued in exchange for unregistered secured or
unsecured senior notes, which exchange notes are substantially identical in all material respects to such unregistered senior notes, except for the modification or elimination of provisions related to transfer restrictions and additional interest
for a registration default. 
 “Excluded Satellite” means any (a) Covered Satellite that has a book value of less than
$50.0 million, (b) Covered Satellite that is not expected or intended, in the good faith determination of Borrower, to earn revenue from the operation of such Covered Satellite in excess of $75.0 million for the immediately succeeding 12-month
calendar period, (c) Covered Satellite with one year or less of in-orbit life remaining (it being understood and agreed that such Covered Satellite shall be deemed to have “in-orbit life” only for so long as it is maintained in
station kept orbit in a manner consistent with applicable governmental and ITU requirements), (d) Covered Satellite for which the procurement of In-Orbit Insurance in the amounts and on the terms required herein would not be available at a
premium amount that is, and on other terms and conditions that are, commercially reasonable despite commercially reasonable efforts to obtain such coverage (including efforts to minimize the exclusions and insurance deductibles, subject to usual and
customary exclusions consistent with the operating status of the Covered Satellite) and (e) Covered Satellite designated as an Excluded Satellite by Borrower if Borrower determines in good faith that (i)(A) such Covered Satellite’s
performance and/or operating status has been adversely affected by anomalies or component exclusions and Borrower and its Restricted Subsidiaries are unlikely to receive insurance proceeds from a future failure thereof or (B) there are systemic
failures or anomalies applicable to satellites of the same model or using the same components and (ii) Borrower and its Restricted Subsidiaries are unlikely to obtain usual and customary coverage in the satellite insurance market for the
Covered Satellite at a premium amount that is, and on other terms and conditions that are, commercially reasonable despite commercially reasonable efforts to obtain such coverage (including efforts to minimize the exclusions and insurance
deductibles, subject to usual and customary exclusions consistent with the anomalies and/or operating status of the Covered Satellite). 

“Excluded Swap Obligation” means, with respect to any Subsidiary Guarantor (other than the direct counterparty of such Swap
Obligation), any Swap Obligation if, and to the extent that, all or a portion of the guaranty of such Subsidiary Guarantor (other than the direct counterparty of such Swap Obligation) of, or the grant under a Loan Document by such Subsidiary
Guarantor of a security interest to secure, such Swap Obligation (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act (or the application or official interpretation thereof) by virtue of such Subsidiary Guarantor’s
failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act (determined after giving effect to Section 11.28 or any similar provision in any Subsidiary Guaranty and any and
all guarantees of such Subsidiary Guarantor’s Swap Obligations by other Loan Parties) at the time the guaranty of such Subsidiary Guarantor, or grant by such Subsidiary Guarantor of a security interest, becomes effective with respect to such
Swap Obligation. If a Swap Obligation arises under a “master agreement” governing more than one Hedging Agreement, such exclusion shall apply to only the portion of such Swap Obligation that is attributable to Hedging Agreements 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 a 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

  
 17 

 
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 applicable 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 Borrower under
Section 11.26) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 3.11, 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 3.11(g) and (d) any U.S.
federal withholding Taxes imposed under FATCA. 
 “Exim Credit Agreement” means that certain Credit Agreement dated as of
March 12, 2015 by and among ViaSat Technologies Limited, as borrower, Borrower, as guarantor, JPMorgan Chase Bank, National Association, as Ex-Im Facility Agent, and Export-Import Bank of the United States, as amended, restated, supplemented or
otherwise modified from time to time. 
 “Exim Indebtedness” means Indebtedness of Borrower and ViaSat Technologies Limited
under the Finance Documents (as defined in the Exim Credit Agreement). 
 “Existing Credit Agreement” means that certain
Fifth Amended and Restated Credit Agreement dated as of May 9, 2012 by and among Borrower, MUFG, as administrative and collateral agent, and the lenders from time to time party thereto, as amended prior to the date hereof. 

“Existing Letters of Credit” means the letters of credit, if any, outstanding on the Closing Date and listed on
Schedule 2.4. 
 “Existing Satellite Project” means any Satellite Activities performed or undertaken in
connection with or with respect to any Existing Satellite System. 
 “Existing Satellite Systems” means (i) the
ViaSat-1 Satellite manufactured by Space Systems/Loral, Inc., the WildBlue-1 Satellite and the Anik F2 Satellite and (ii) in each case, the related gateway facilities, earth stations and other ground infrastructure (including user terminals and
hub equipment), whether constructed, acquired or installed before or after the Closing Date. 
 “Extended Commitments” means
the Extended Term Loan Commitments and the Extended Revolving Commitments. 
 “Extended Facility” means any additional
tranche reflecting an extension of the maturity and, if applicable, amortization schedule of any Facility established pursuant to Section 2.12. 

“Extended Facility Agreement” means an Extended Revolving Credit Facility Agreement or an Extended Term Facility Agreement, as
the context may require. 
 “Extended Facility Closing Date” means, with regard to an Extended Facility, the first date all
the conditions precedent set forth in the respective Extended Facility Agreement are satisfied or waived in accordance with Section 11.2. 

“Extended Facility Lender” means, at any time, with regard to an Extended Facility, any Lender that holds Loans or Commitments
under such Extended Facility at such time. 

  
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 “Extended Facility Note” means, with regard to an Extended Facility, a
promissory note made by Borrower in favor of an Extended Facility Lender under such Extended Facility, evidencing Loans made by such Extended Facility Lender under such Extended Facility, substantially in the form of Exhibit A to the
respective Extended Facility Agreement. 
 “Extended Revolving Commitments” shall have the meaning provided in
Section 2.12. 
 “Extended Revolving Credit Facility” means an Extended Facility designated as an “Extended
Revolving Credit Facility” by Borrower and established pursuant to an Extended Revolving Credit Facility Agreement. 
 “Extended
Revolving Credit Facility Agreement” means an agreement in substantially the form of Exhibit K hereto duly completed such that such agreement shall set forth the terms and conditions relating to an Extended Revolving Credit Facility.

 “Extended Term Facility” means an Extended Facility designated as an “Extended Term Facility” by Borrower and
established pursuant to an Extended Term Facility Agreement. 
 “Extended Term Facility Agreement” means an agreement in
substantially the form of Exhibit L hereto duly completed such that such agreement shall set forth the terms and conditions relating to an Extended Term Facility. 

“Extended Term Loan Commitment” means the agreement of any Lender, pursuant to Section 2.12, to extend the
Maturity Date of outstanding Term Loans owed to it by Borrower. 
 “Extended Term Loans” shall have the meaning provided in
Section 2.12. 
 “Extending Revolving Lender” shall have the meaning provided in Section 2.12. 

“Extending Term Loan Lender” shall have the meaning provided in Section 2.12. 

“Extension Offer” shall have the meaning provided in Section 2.12. 

“Facility” means the Revolving Credit Facility, a New Term Facility, an Extended Revolving Credit Facility or an
Extended Term Facility as the context may require. 
 “FATCA” means Sections 1471 through 1474 of the Code, as of the
date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant
to Section 1471(b)(1) of the Code, and any applicable intergovernmental agreement with respect thereto. 
 “FCC” shall
mean the Federal Communications Commission, or any successor entity. 
 “Federal Funds Rate” means, as of any date of
determination, the rate set forth in the weekly statistical release designated as H.15(519), or any successor publication, published by the Federal Reserve Board (including any such successor, “H.15(519)”) for such date opposite the
caption “Federal Funds (Effective).” If for any relevant date such rate is not yet published in H.15(519), the rate for such date will be the rate set forth in the daily statistical release designated as the Composite 3:30 p.m. Quotations
for U.S. Government Securities, or any successor publication, published by the Federal Reserve Lender of New York (including any such successor, the “Composite 3:30 p.m. Quotation”) for such date under the

  
 19 

 
caption “Federal Funds Effective Rate.” If on any relevant date the appropriate rate for such date is not yet published in either H.15(519) or the Composite 3:30 p.m. Quotations, the
rate for such date will be the arithmetic mean of the rates for the last transaction in overnight Federal funds arranged prior to 9:00 a.m. (New York City time) on that date by each of three leading brokers of Federal funds transactions in New York
City selected by the Agent. For purposes of this Agreement, any change in the Alternate Base Rate due to a change in the Federal Funds Rate shall be effective as of the opening of business on the effective date of such change. If at any time the
Federal Funds Rate is less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 
 “First Year”
has the meaning given in Section 7.1(d). 
 “Fiscal Quarter” means a fiscal quarter of Borrower consistent with
Borrower’s SEC filings. 
 “Fiscal Year” means the fiscal year of Borrower ending on the last day of the first Fiscal
Quarter of each calendar year. 
 “Foreign Currency Letter of Credit” means a Letter of Credit issued pursuant to
Section 2.4(n) and denominated in a Permitted Foreign Currency. 
 “Foreign Lender” means a Lender that is not a
U.S. Person. 
 “Foreign Restricted Subsidiary” means a Foreign Subsidiary that is a Restricted Subsidiary. 

“Foreign Subsidiary” means a Subsidiary of Borrower that is organized under the Laws of a country (or political subdivision
thereof) other than the United States. 
 “Foreign Subsidiary Holdco” means any Domestic Subsidiary of Borrower all or
substantially all of the assets of which are Equity Interests (or Equity Interests and debt interests) in one or more Foreign Subsidiaries. 

“Fronting Exposure” means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Lender, such
Defaulting Lender’s Pro Rata Share of the outstanding L/C Obligations with respect to Letters of Credit issued by the Issuing Lender other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been
reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Pro Rata Share of outstanding Swing Line Advances made by the Swing Line
Lender other than Swing Line Advances as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders in accordance with the terms of this Agreement. 

“Funded Debt” means, as to any Person (without duplication), (a) all Indebtedness of the types described in clauses (a),
(b), (c), (d) and (e) of the definition of “Indebtedness”; provided that, for all purposes other than the calculation of the Total Leverage Ratio for purposes of determining the Applicable Margin, “Funded Debt”
shall exclude letters of credit unless such letters of credit have been drawn and not reimbursed upon becoming due. 

“GAAP” means, as of any date of determination, accounting principles (a) set forth as generally accepted in then
currently effective Opinions of the Accounting Principles Board of the American Institute of Certified Public Accountants, (b) set forth as generally accepted in then currently effective Statements of the Financial Accounting Standards Board or
(c) that are then approved by such other entity as may be approved by a significant segment of the accounting profession in the United States. The term 

  
 20 

 
“consistently applied,” as used in connection therewith, means that the accounting principles applied are consistent in all material respects with those applied at prior dates or
for prior periods. 
 “Government Securities” means readily marketable (a) direct full faith and credit obligations of
the United States or obligations guaranteed by the full faith and credit of the United States and (b) obligations of an agency or instrumentality of, or corporation owned, controlled or sponsored by, the United States that are generally
considered in the securities industry to be implicit obligations of the United States. 
 “Governmental Agency” means
(a) any international, foreign, federal, state, county or municipal government, or political subdivision thereof, (b) any governmental or quasi-governmental agency (including, but not limited to, the FCC), authority, board, bureau,
commission, department, instrumentality or public body (including, but not limited to, the International Telecommunication Union (ITU)) or (c) any court or administrative tribunal of competent jurisdiction. 

“Guaranty Obligation” means, as to any Person, any (a) guarantee by that Person of Indebtedness of, or other obligation
performable by, any other Person or (b) assurance given by that Person to an obligee of any other Person with respect to the performance of an obligation by, or the financial condition of, such other Person, whether direct, indirect or
contingent, including any purchase or repurchase agreement covering such obligation or any collateral security therefor, any agreement to provide funds (by means of loans, capital contributions or otherwise) to such other Person, any
agreement to support the solvency or level of any balance sheet item of such other Person or any “keep-well” or other arrangement of whatever nature given for the purpose of assuring or holding harmless such obligee against loss with
respect to any obligation of such other Person; provided, however, that the term Guaranty Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Guaranty
Obligation in respect of Indebtedness shall be deemed to be an amount equal to the stated or determinable amount of the related Indebtedness (unless the Guaranty Obligation is limited by its terms to a lesser amount, in which case to the extent of
such amount) or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the Person in good faith. The amount of any other Guaranty Obligation shall be deemed to be zero unless and until the
amount thereof has been (or in accordance with Financial Accounting Standards Board Statement No. 5 should be) quantified and reflected or disclosed in the consolidated financial statements (or notes thereto) of Borrower. 

“Hazardous Materials” means substances defined as “hazardous substances” pursuant to the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. § 9601 et seq., or as “hazardous”, “toxic” or “pollutant” substances or as “solid waste” pursuant to the Hazardous Materials
Transportation Act, 49 U.S.C. § 1801, et seq., the Resource Conservation and Recovery Act, 42 U.S.C. § 6901, et seq., or as “friable asbestos” pursuant to the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq. or any
other applicable Law relating to the protection of the environment or human health (as it relates to the exposure to environmental hazards) or to the presence, release, manufacture, use, transportation, treatment, storage, disposal or recycling of
hazardous materials, in each case as such Laws are amended from time to time. 
 “Hazardous Materials Laws” means all Laws
governing the treatment, transportation or disposal of Hazardous Materials applicable to any of the Real Property. 
 “Hedge
Bank” any Person in its capacity as a party to a Hedging Agreement that (a) at the time it enters into a Hedging Agreement, is a Lender or an Affiliate of a Lender, or (b) at the time it (or its Affiliate) becomes a Lender, is a
party to a Hedging Agreement, in its capacity as a party to such Hedging Agreement (even if such Person ceases to be a Lender or such Person’s Affiliate ceased to be a Lender); 

  
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provided, in the case of a Secured Hedging Agreement with a Person who is no longer a Lender (or Affiliate of a Lender), such Person shall be considered a Hedge Bank only through the
stated termination date (without extension or renewal) of such Secured Hedging Agreement, and provided further that for any of the foregoing to be included as a “Secured Hedging Agreement” on any date of determination by the
Agent, the applicable Hedge Bank (other than the Agent or an Affiliate of the Agent) must have delivered a Secured Party Designation Notice to the Agent prior to such date of determination. 

“Hedge Termination Value” means, in respect of any one or more Hedging Agreements, after taking into account the effect of any
legally enforceable netting agreement relating to such Hedging Agreements, (a) for any date on or after the date such Hedging Agreements have been closed out and termination value(s) determined in accordance therewith, such termination
value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Hedging Agreements, as determined based upon one or more mid-market or other readily available
quotations provided by any recognized dealer in such Hedging Agreements (which may include a Lender or any Affiliate of a Lender). 

“Hedging Agreements” means Interest Rate Protection Agreements, Commodity Agreements and Currency Agreements. 

“Increased Amount Date” has the meaning given in Section 2.8(a). 

“Incremental Equivalent Indebtedness” means Indebtedness issued, incurred or otherwise obtained by Borrower or any of its
Restricted Subsidiaries in respect of one or more series of senior unsecured notes, senior secured first lien or junior lien notes or subordinated notes (in each case issued in a public offering, Rule 144A or other private placement in lieu of the
foregoing (and any substantially identical notes (having the same guarantees) issued in a dollar-for-dollar exchange therefor pursuant to an exchange offer registered with the SEC) issued in exchange therefor)), senior secured first lien, junior
lien or unsecured loans or secured or unsecured mezzanine Indebtedness that, in each case, if secured, will be secured by all or any portion of the Collateral on a pari passu or junior basis with the Liens on Collateral securing the Obligations, and
that are issued or made in lieu of New Commitments; provided that (a) the aggregate principal amount of all Incremental Equivalent Indebtedness outstanding at any time shall not exceed the sum of (i) $200,000,000 in the aggregate pursuant
to this clause (i) (less any amount of New Commitments established pursuant to clause (a) of the definition of New Commitment Cap) plus (ii) at Borrower’s option, up to an amount of Incremental Equivalent Indebtedness
(together with any then outstanding, or concurrently incurred, New Commitments) such that (x) in the case of any Incremental Equivalent Indebtedness that is secured on a pari passu basis with any Liens on the Collateral securing the
Obligations, the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness (assuming the borrowing of the maximum credit thereunder) and the application of the proceeds therefrom) shall
be no greater than 3.25 to 1.00 and (y) in the case of any Incremental Equivalent Indebtedness that is secured on a junior basis with any Liens on the Collateral securing the Obligations or unsecured, the Total Leverage Ratio (calculated on a
Pro Forma Basis after giving effect to the incurrence of such Indebtedness (assuming the borrowing of the maximum credit thereunder) and the application of the proceeds therefrom) shall be no greater than 0.25 to 1.00 less than the then applicable
Total Leverage Ratio financial covenant level set forth in Section 6.13, (b) in the case of Incremental Equivalent Indebtedness that is secured, the obligations in respect thereof shall not be secured by any Lien on any asset of
Borrower or any Restricted Subsidiary other than any asset constituting Collateral, (c) if such Incremental Equivalent Indebtedness is secured, such Incremental Equivalent Indebtedness shall be subject to an applicable Intercreditor Agreement,
(d) in the case of Incremental Equivalent Indebtedness with respect to which a Loan Party is an obligor, all obligors with respect thereto must be Loan Parties, (e) in the case of Incremental Equivalent Indebtedness with respect to which a
Loan Party is an obligor, such Incremental Equivalent Indebtedness shall have a final maturity 

  
 22 

 
date which is no earlier than the Revolving Loan Maturity Date (provided that Incremental Equivalent Indebtedness with an aggregate principal amount not exceeding $100,000,000 may have a final
maturity date that is earlier than the Revolving Loan Maturity Date so long as, at the time of incurrence thereof, the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness
(assuming the borrowing of the maximum credit thereunder) does not exceed 2.00 to 1.0), and (f) in the case of Incremental Equivalent Indebtedness with respect to which a Loan Party is an obligor, such Incremental Equivalent Indebtedness shall
have terms and conditions (other than with respect to pricing, fees, rate floors and optional prepayment or redemption terms) substantially similar to, or (taken as a whole) no more favorable (as reasonably determined by Borrower) to the lenders or
holders providing such Incremental Equivalent Indebtedness, than those applicable to the Obligations (except for covenants or other provisions (1) conformed (or added) in the Loan Documents, for the benefit of the Lenders, pursuant to an
amendment thereto subject solely to the reasonable satisfaction of the Agent (provided that if such Incremental Equivalent Indebtedness is no longer outstanding, then at the option of Borrower, such covenants or other provisions shall be
removed from the Loan Documents pursuant to an amendment thereto) or (2) applicable only to periods after the latest Maturity Date at the time of the issuance or incurrence of such Incremental Equivalent Indebtedness) or such terms and
conditions shall be current market terms for such type of Incremental Equivalent Indebtedness (as reasonably determined in good faith by Borrower). Borrower may elect to utilize capacity under clause (b) of the foregoing proviso prior to
utilizing capacity under clause (a) of the foregoing proviso. To the extent there is capacity under both of clauses (a)(i) and (a)(ii) to the foregoing proviso on any date that Incremental Equivalent Indebtedness is incurred and Borrower does
not make an election as to the utilization of such clauses, Borrower will be deemed to have elected to utilize clause (a)(ii) of the foregoing proviso prior to any utilization of clause (a)(i) of the foregoing proviso. 

“Indebtedness” means, as to any Person (without duplication), (a) indebtedness of such Person for borrowed money or for
the deferred purchase price of Property (excluding (i) trade and other accounts payable accrued in the ordinary course of business and not past due for more than sixty (60) days after the date on which such trade account was created) and
(ii) contingent in-orbit incentive payments or other contingent deferred payments earned by a manufacturer during the life of a satellite under any satellite manufacturing contract), including any Guaranty Obligation for any such
indebtedness, (b) indebtedness or Guaranty Obligations of such Person of the nature described in clause (a) that is non-recourse to the credit of such Person but is secured by assets of such Person, to the extent of the fair market value
of such assets as determined in good faith by such Person, (c) Capital Lease Obligations of such Person, (d) indebtedness of such Person arising under bankers’ acceptance facilities, (e) any direct or contingent obligations of
such Person under letters of credit issued for the account of such Person and (f) any net obligations of such Person under any Hedging Agreement. The amount of any net obligation under any Hedging Agreement on any date shall be deemed to be the
Hedge Termination Value thereof as of such date. 
 “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 Borrower or any Subsidiary Guarantor under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes. 

“Indemnitees” has the meaning given in Section 11.11. 

“In-Orbit Insurance” means, with respect to any Covered Satellite, insurance or other contractual arrangement providing for
coverage against the risk of loss of or damage to such Covered Satellite attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during
the commercial in-orbit service of such Covered Satellite, upon the expiration of the immediately preceding corresponding policy or other 

  
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contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Agreement. 

“In-Orbit Spare Capacity” means a satellite or the payload of a satellite that: 

(a) is available in the event of a Covered Satellite loss or failure in order to restore service on the Covered Satellite; 

(b) meets or exceeds the contractual performance specifications for the payload being protected; and 

(c) may be provided directly by Borrower or a Subsidiary or by another satellite operator pursuant to a contractual
arrangement. 
 “Intangible Assets” means assets that are considered intangible assets under GAAP, including customer
lists, goodwill, covenants not to compete, copyrights, trade names, trademarks, licenses and patents. 
 “Intercreditor
Agreement” means (i) in the case of any Indebtedness that is secured by a Lien on the Collateral that is pari passu with the Lien on the Collateral securing the Obligations, an intercreditor agreement based on the terms contained in
Exhibit G-1 attached hereto and (ii) in the case of any Indebtedness that is secured by a Lien on the Collateral that is junior to the Lien on the Collateral securing the Obligations, an intercreditor agreement based on the terms
contained in Exhibit G-2 attached hereto, in each case, with such modifications, if any, subject to the Agent’s reasonable approval. 

“Interest Coverage Ratio” means, as of the last day of any Fiscal Quarter, the ratio of (a) EBITDA for the fiscal period
consisting of the four (4) Fiscal Quarters ended on such date to (b) Cash Interest Expense of Borrower and its Restricted Subsidiaries for such fiscal period. 

“Interest Expense” means, with respect to any Person and as of the last day of any fiscal period, the sum of
(a) all interest, fees, charges and related expenses (in each case as such expenses are calculated according to GAAP) paid or payable (without duplication) for that fiscal period by that Person to a lender in connection with borrowed money
(including any obligations for fees, charges and related expenses payable to the issuer of any letter of credit) or the deferred purchase price of assets that are considered “interest expense” under GAAP plus (b) the
portion of rent paid or payable (without duplication) for that fiscal period by that Person under Capital Lease Obligations that should be treated as interest in accordance with Financial Accounting Standards Board Statement No. 13. 

“Interest Rate Protection Agreement” means a written agreement between Borrower or any of its Restricted Subsidiaries and one
or more financial institutions providing for “swap,” “cap,” “collar” or other interest rate protection with respect to any Indebtedness. 

“Investment” means, when used in connection with any Person, any investment by or of that Person, whether by means of purchase
or other acquisition of Equity Interests or other securities of any other Person or by means of a loan, advance creating a debt, capital contribution, guaranty or other debt or equity participation or interest in any other Person; provided
that (a) expenditures by Borrower or the Restricted Subsidiaries with respect to Customer Equipment shall not be deemed to be an Investment and (b) intercompany receivables and payables in the ordinary course of business in exchange for
goods and services on an arm’s length basis shall not be deemed to be Investments. The amount of any Investment shall be the amount actually invested (minus any return of capital with respect to such Investment which

  
 24 

 
has actually been received in Cash or has been converted into Cash), without adjustment for subsequent increases or decreases in the value of such Investment. 

“Issuing Lender” means MUFG, Bank of America, N.A. and JPMorgan Chase Bank, N.A., or any other Lender capable of issuing
Commercial Letters of Credit or Standby Letters of Credit and approved by Borrower and Agent (such consent not to be unreasonably withheld or delayed) that has accepted appointment as an Issuing Lender. 

“Joint Venture” means any direct or indirect Investment by Borrower or any Restricted Subsidiary in any Person that is not a
Wholly-Owned Subsidiary of Borrower, which Person is engaged in a Permitted Business. 
 “L/C Advance” means, with respect
to each Revolving Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Pro Rata Share. 

“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 Loan. 
 “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 2.4(k). 
 “Laws” means,
collectively, all international, foreign, federal, state and local statutes, treaties, rules, regulations, ordinances, codes and administrative or judicial precedents of any Governmental Agency. 

“Lender” means (a) each lender whose name is set forth in the signature pages of the Second Amendment, (b) each
lender which may hereafter become a party to this Agreement pursuant to Section 2.8, Section 11.8 or pursuant to a New Term Facility Supplement, (c) the successors and assigns of the Persons described in clauses
(a) and (b), (d) unless the context requires otherwise, the Swing Line Lender and (e) as the context requires, the Issuing Lender. 

“Letter of Credit Sublimit” means an amount equal to $150,000,000; provided, however, that with respect to
(i) MUFG, in its capacity as an L/C Issuer, the Letter of Credit Sublimit shall not exceed $50,000,000 without its consent, (ii) Bank of America, N.A., in its capacity as an L/C Issuer, the Letter of Credit Sublimit shall not exceed
$50,000,000 without its consent and (iii) JPMorgan Chase Bank, N.A., in its capacity as an L/C Issuer, the Letter of Credit Sublimit shall not exceed $50,000,000 without its consent. The Letter of Credit Sublimit is part of, and not in addition
to, the Revolving Credit Facility. 
 “Letters of Credit” means (a) the Existing Letters of Credit and (b) any
Commercial Letters of Credit or Standby Letters of Credit issued by an Issuing Lender pursuant to Section 2.4. 

“Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment for security, security interest, encumbrance, lien
or charge of any kind, whether voluntarily incurred or arising by operation of Law or otherwise, affecting any Property, including any conditional sale or other title retention agreement, any lease in the nature of a security interest, and/or
the filing of any financing statement (other than a precautionary financing statement with respect to a lease that is not in the nature of a security interest) under the Uniform Commercial Code or comparable Law of any jurisdiction with respect to
any Property. 

  
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 “Limited Condition Transaction” means a Permitted Acquisition or similar
Investment permitted hereunder that Borrower or one or more of its Restricted Subsidiaries is contractually committed to consummate (it being understood that such commitment may be subject to conditions precedent, which conditions precedent may be
amended, satisfied or waived in accordance with the terms of the applicable agreement) and whose consummation is not conditioned on the availability of, or on obtaining, third party financing and which has been designated as a Limited Condition
Transaction by Borrower in writing to the Agent. 
 “Liquidity” means, as of any date of determination, the sum of
(x) all domestic Cash and Cash Equivalents held by Borrower and its Domestic Restricted Subsidiaries plus (y) the maximum aggregate unused Revolving Commitment and any other revolving commitment of Borrower and its Domestic
Restricted Subsidiaries (with a tenor that is at least as long as the remaining tenor of the Revolving Commitment) to the extent unused as of such date that is available for general corporate purposes, the availability of which is subject to the
making of representations and warranties similar to those contained in Article 4 of this Agreement. 
 “Loan” means,
as the context may require, the amount of a particular Advance made or to be made, or the aggregate of the Advances made at any one time by the Lenders pursuant to Section 2.1 or pursuant to the terms of any New Term Facility Supplement
or Extended Facility Agreement. 
 “Loan Documents” means, collectively, this Agreement, the Notes, the Subsidiary Guaranty
(if any), the Security Agreements, each New Term Facility Supplement, each Extended Facility Agreement and any other agreements of any type or nature hereafter executed and delivered by Borrower or any of the Subsidiary Guarantors to the Agent, the
Issuing Lender or to any Lender in any way relating to or in furtherance of this Agreement (but specifically excluding any Secured Hedging Agreement and agreements governing Bank Products). 

“Loan Parties” means Borrower and the Subsidiary Guarantors (if any), and “Loan Party” means any one of them.

 “Margin Stock” means “margin stock” as such term is defined in Regulation U. 

“Material Adverse Effect” means any set of circumstances or events which (a) has had or would reasonably be expected to
have any material adverse effect whatsoever on the validity or enforceability of any Loan Document, (b) has been or would reasonably be expected to be material and adverse to the business, operations or financial condition of Borrower and its
Restricted Subsidiaries, taken as a whole or (c) has had a material adverse effect or would reasonably be expected to have a material adverse effect on the ability of Borrower to perform the Obligations. 

“Maturity Date” means (a) with respect to any tranche of Term Loans (including any New Term Loans or Extended Term
Loans), the maturity dates specified therefor in the applicable New Term Facility Supplement or Extended Facility Agreement and (b) with respect to the Revolving Commitments, the applicable Revolving Loan Maturity Date. 

“Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account
balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 103% of the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and
outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.11(a)(i), (a)(ii), (a)(iii) or (a)(iv), an
amount equal to 103% of the Outstanding Amount of all 

  
 26 

 
L/C Obligations, and (c) otherwise, an amount determined by the Agent and the Issuing Lender in their sole discretion. 

“MUFG” shall have the meaning provided in the introductory paragraph to this Agreement. 

“Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA to which
Borrower or any of its ERISA Affiliates contributes or is obligated to contribute. 
 “Net Cash Proceeds” means, with
respect to any issuance or sale of Equity Interests, the Cash proceeds received by or for the account of Borrower and its Restricted Subsidiaries from such issuance or sale to a Person other than Borrower or any of its Restricted Subsidiaries,
net of (i) attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, listing fees, discounts or commissions and brokerage, consultant and other out-of-pocket fees, charges and expenses actually
incurred in connection with such issuance or sale and (ii) any taxes paid or payable as a result of such issuance or sale (after taking into account any available tax credit or deductions and any tax sharing arrangements). 

“Net Cash Sales Proceeds” means, with respect to any Disposition, the sum of (a) the Cash proceeds received by or
for the account of Borrower and its Restricted Subsidiaries from such Disposition plus (b) the amount of Cash received by or for the account of Borrower and its Restricted Subsidiaries upon the sale, collection or other liquidation of
any proceeds that are not Cash from such Disposition, in each case net of (i) any amount required to be paid to any Person owning an interest in the assets disposed of, (ii) any amount applied to the repayment of Indebtedness
secured by a Lien permitted under Section 6.9 on the asset disposed of, (iii) any transfer, income or other taxes payable as a result of such Disposition (after taking into account any available tax credit or deductions and any tax
sharing arrangements), (iv) professional fees and expenses, fees due to any Governmental Agency, broker’s commissions and other out-of-pocket costs of sale actually paid to any Person that is not an Affiliate of Borrower attributable to
such Disposition and (v) any reserves established in accordance with GAAP in connection with such Disposition. 
 “Net
Income” means, with respect to any fiscal period, the consolidated net income of Borrower and its Restricted Subsidiaries for that period, determined in accordance with GAAP, consistently applied. 

“New Commitment Cap” means an amount equal to the sum of (a) $200,000,000 in the aggregate pursuant to this clause
(a) (less any amount of Incremental Equivalent Indebtedness incurred pursuant to clause (a)(i) of the proviso to the definition thereof) plus (b) at Borrower’s option, up to an amount of New Commitments (together with any then
outstanding, or concurrently incurred, Incremental Equivalent Indebtedness (assuming the borrowing of the maximum credit thereunder)) such that the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence
of such Indebtedness (assuming the borrowing of the maximum credit thereunder) and the application of the proceeds therefrom) shall be no greater than 3.25 to 1.00; provided that (i) Borrower may elect to utilize capacity under the
foregoing clause (b) prior to utilizing capacity under the foregoing clause (a) and (ii) to the extent there is capacity under both of the foregoing clauses (a) and (b) on any date that New Commitments are established and
Borrower does not make an election as to the utilization of such clauses, Borrower will be deemed to have elected to utilize the foregoing clause (b) prior to any utilization of the foregoing clause (a). 

“New Commitments” has the meaning given in Section 2.8(a). 

“New Revolving Commitment” has the meaning given in Section 2.8(a). 

  
 27 

 “New Revolving Loan Lender” has the meaning given in Section 2.8(a).

 “New Term Facility” means any additional tranche of term commitments and loans established pursuant to a New Term
Facility Supplement. 
 “New Term Facility Note” means, with regard to a New Term Facility, a promissory note made by
Borrower in favor of a New Term Facility Lender under such New Term Facility, evidencing New Term Facility Loans made by such New Term Facility Lender under such New Term Facility, substantially in the form of Exhibit A to the respective New Term
Facility Supplement. 
 “New Term Facility Supplement” means a supplement to this Agreement in substantially the form of
Exhibit J hereto duly completed such that such supplement shall set forth the terms and conditions relating to a New Term Facility. 

“New Term Loan” has the meaning given in Section 2.8(c). 

“New Term Loan Commitment” has the meaning given in Section 2.8(a). 

“New Term Loan Lender” has the meaning given in Section 2.8(a). 

“Non-Consenting Lender” has the meaning given in Section 11.26. 

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

“Note” means any of the Revolving Notes, the Swing Line Notes, the New Term Facility Notes, if any, or the Extended Facility
Notes, if any, and “Notes” means all of the Revolving Notes, all of the Swing Line Notes, all of the New Term Facility Notes, if any, and all of the Extended Facility Notes, if any. 

“Obligations” means all present and future obligations of every kind or nature of Borrower or any of the Subsidiary Guarantors
at any time and from time to time owed to the Agent, the Issuing Lender or the Lenders or any one or more of them, under any one or more of the Loan Documents, whether due or to become due, matured or unmatured, liquidated or unliquidated, or
contingent or noncontingent, including obligations of performance as well as obligations of payment, and including interest that accrues after the commencement of any proceeding under any Debtor Relief Law by or against Borrower or any
of the Subsidiary Guarantors; provided, however, that the “Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such Loan Party. 

“Opinion of Counsel” means the favorable written legal opinion of Latham & Watkins LLP, counsel to Borrower, as to
such matters as the Agent may reasonably request, in form and substance satisfactory to the Agent. 
 “Other Satellite
Project” means any Satellite Activities performed or undertaken in connection with or with respect to any Other Satellite System. 

“Other Satellite System” means (i) a Satellite (other than the ViaSat-1, WildBlue-1 and Anik F2 Satellites) manufactured
by, on behalf of or in consultation with or otherwise acquired by Borrower or any of its Subsidiaries and (ii) any gateway facilities, earth stations and other ground infrastructure (including user terminals and hub equipment). 

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

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment. 
 “Outstanding Amount” means (a) with respect to any
Revolving Loans, Swing Line Loans and Term Loans (if any) on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Revolving Loans, Swing Line Loans and Term Loans, as the
case may be, occurring on such date; and (b) with respect to any L/C Obligations on any date, the Dollar Equivalent amount of such L/C Obligations on such date after giving effect to any issuance of Letters of Credit 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 Borrower of unreimbursed amounts. 

“Participant Register” has the meaning given in Section 11.8(e). 

“PBGC” means the Pension Benefit Guaranty Corporation or any successor thereof established under ERISA. 

“Pension Plan” means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA),
other than a Multiemployer Plan, which is subject to Title IV of ERISA and is maintained by Borrower or to which Borrower contributes or has an obligation to contribute. 

“Permitted Acquisition” means any Acquisition of another Person that is engaged in, or of assets relating to, a Permitted
Business; provided that: (i) subject (in the case of a Limited Condition Transaction) to Section 1.9, no Default or Event of Default shall exist at the time of such Acquisition or would exist immediately after giving effect
to such Acquisition, (ii) subject (in the case of a Limited Condition Transaction) to Section 1.9, if the total consideration (whether such consideration is in the form of Equity Interests, cash or otherwise) for such Acquisition
exceeds $75,000,000, as determined by Borrower in good faith, a Responsible Official shall certify on behalf of Borrower in writing that Borrower would have been in compliance with a Total Leverage Ratio that is 0.25 to 1.00 less than the then
applicable Total Leverage Ratio financial covenant level set forth in Section 6.13 (after giving effect to such Acquisition on a Pro Forma Basis) as of the last day of the period of four (4) Fiscal Quarters most recently ended prior
to the date of such Acquisition for which financial statements prepared on a consolidated basis in accordance with GAAP are available and (iii) if the total consideration (whether such consideration is in the form of Equity Interests, cash or
otherwise) for such Acquisition exceeds $50,000,000, as determined by Borrower in good faith, Borrower shall use commercially reasonable efforts to provide the Agent with at least one (1) week prior written notice of such Acquisition, together
with (x) at least one (1) year (or such shorter period in which the target has been in existence) of historical financial information relating to the target and (y) such other documentation pertaining to the Acquisition, including the
purchase agreement and quarterly projections prepared on a Pro Forma Basis, as the Agent may reasonably request, in the case of clauses (x) and (y), solely to the extent reasonably available to Borrower. 

  
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 “Permitted Additional Indebtedness” means, collectively, (i) Incremental
Equivalent Indebtedness; (ii) Indebtedness of the Subsidiary Guarantors under any Guaranty Obligations in respect of any Incremental Equivalent Indebtedness; and (iii) any Permitted Refinancing Indebtedness in respect of any Incremental
Equivalent Indebtedness (provided, that such Permitted Refinancing Indebtedness otherwise qualifies as Incremental Equivalent Indebtedness); provided that the same shall (to the extent secured) be subject to the terms and conditions of
an Intercreditor Agreement. 
 “Permitted Business” means: (a) the study, research, development, testing, and support
of “off-the-shelf,” semi-custom and custom communication and satellite systems, products and components (including without limitation terrestrial, airborne and space systems); (b) the design, manufacture, production, sale,
distribution and operation of satellite and other wireless or wired networks and networking systems, products and services to government and commercial customers and consumers (including without limitation terrestrial, airborne and space systems);
(c) the management and provision of network satellite and other communication and information services; (d) the design, development, sale, provision and distribution of fixed and mobile broadband products and services, information security
products and services, and media products and services relating to the electronic delivery of content; (e) the business of Borrower and its Subsidiaries as historically and currently conducted; and (f) any and all business and other
activities related to, in furtherance of, or ancillary or complementary to the foregoing. 
 “Permitted ECA Financing” means
any financing arrangement with respect to Indebtedness issued to or owed to or guaranteed or otherwise supported by any export credit agency (whether of the United States or any foreign jurisdiction and including, without limitation, Export-Import
Bank of the United States, Compagnie Française d’Assurance pour le Commerce Extérieur, Nippon Export and Investment Insurance and any other government export credit agency) or institution serving a similar function for the purpose
of financing (in whole or in part) any Other Satellite Project with tenor and principal repayment terms that are customary for export-import financings of a similar type as determined by Borrower in its reasonable discretion. 

“Permitted Encumbrances” means, with respect to Borrower and its Restricted Subsidiaries: 

(a) inchoate Liens incident to construction on or maintenance of Property; or Liens incident to construction on or maintenance
of Property now or hereafter filed of record for which adequate reserves have been set aside (or deposits made pursuant to applicable Law) and which are being contested in good faith by appropriate proceedings and have not proceeded to judgment,
provided that, by reason of nonpayment of the obligations secured by such Liens, no such Property is subject to a material impending risk of loss or forfeiture; 

(b) Liens for taxes and assessments on Property which are not yet past due; or Liens for taxes and assessments on Property for
which adequate reserves have been set aside and are being contested in good faith by appropriate proceedings and have not proceeded to judgment, provided that, by reason of nonpayment of the obligations secured by such Liens, no such Property
is subject to a material impending risk of loss or forfeiture; 
 (c) defects and irregularities in title to any Property
which in the aggregate do not materially impair the fair market value or use of the Property for the purposes for which it is or may reasonably be expected to be held; 

(d) easements, exceptions, reservations, or other agreements for the purpose of pipelines, conduits, cables, wire communication
lines, power lines and substations, streets, trails, walkways, drainage, irrigation, water, and sewerage purposes, dikes, canals, ditches, the removal of oil, gas, coal, or other minerals, and other like purposes affecting Property which in the

  
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aggregate do not materially burden or impair the fair market value or use of such Property for the purposes for which it is or may reasonably be expected to be held; 

(e) easements, exceptions, reservations, or other agreements for the purpose of facilitating the joint or common use of
Property in or adjacent to a shopping center or similar project affecting Property which in the aggregate do not materially burden or impair the fair market value or use of such Property for the purposes for which it is or may reasonably be expected
to be held; 
 (f) rights reserved to or vested in any Governmental Agency to control or regulate, or obligations or duties
to any Governmental Agency with respect to, the use of any Property; 
 (g) rights reserved to or vested in any Governmental
Agency to control or regulate, or obligations or duties to any Governmental Agency with respect to, any right, power, franchise, grant, license, or permit; 

(h) present or future zoning laws and ordinances or other laws and ordinances restricting the occupancy, use, or enjoyment of
Property; 
 (i) statutory Liens, other than those described in clauses (a) or (b) above, arising in the ordinary
course of business with respect to obligations which are not delinquent or are being contested in good faith, provided that, if delinquent, adequate reserves have been set aside with respect thereto and, by reason of nonpayment, no Property
is subject to a material impending risk of loss or forfeiture; 
 (j) covenants, conditions, and restrictions affecting the
use of Property which in the aggregate do not materially impair the fair market value or use of the Property for the purposes for which it is or may reasonably be expected to be held; 

(k) rights of tenants under leases and rental agreements covering Property entered into in the ordinary course of business of
the Person owning such Property; 
 (l) Liens consisting of pledges or deposits to secure obligations under workers’
compensation laws or similar legislation, including Liens of judgments thereunder which are not currently dischargeable; 

(m) Liens consisting of pledges or deposits of Property to secure performance in connection with operating leases made in the
ordinary course of business; 
 (n) Liens consisting of deposits of Property to secure bids made with respect to, or
performance of, contracts (other than contracts creating or evidencing an extension of credit to the depositor); 

(o) Liens consisting of any right of offset, or statutory bankers’ lien, on bank deposit accounts maintained in the
ordinary course of business so long as such bank deposit accounts are not established or maintained for the purpose of providing such right of offset or bankers’ lien; 

(p) Liens consisting of deposits of Property to secure statutory obligations of Borrower and its Restricted Subsidiaries; 

  
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 (q) Liens consisting of deposits of Property to secure (or in lieu of) surety,
appeal or customs bonds; 
 (r) Liens created by or resulting from any litigation or legal proceeding in the ordinary course
of business which is currently being contested in good faith by appropriate proceedings, provided that, adequate reserves have been set aside and no material Property is subject to a material impending risk of loss or forfeiture; 

(s) other non-consensual Liens incurred in the ordinary course of business but not in connection with the incurrence of any
Indebtedness, which do not in the aggregate, when taken together with all other Liens, materially impair the fair market value or use of the Property for the purposes for which it is or may reasonably be expected to be held; 

(t) Liens securing Permitted Additional Indebtedness (to the extent secured); provided that such Liens are subject to an
applicable Intercreditor Agreement in accordance with the definition of “Permitted Additional Indebtedness”; and 

(u) Rights of Others consisting of (i) an interest (other than a legal or equitable co-ownership interest, an
option or right to acquire a legal or equitable co-ownership interest and any interest of a ground lessor under a ground lease), that does not materially impair the fair market value or use of Property for the purposes for which it is or may
reasonably be expected to be held, (ii) an option or right to acquire a Lien that would be a Permitted Encumbrance, (iii) the subordination of a lease or sublease in favor of a financing entity and (iv) a license, or similar right, of
or to Intangible Assets granted in the ordinary course of business. 
 “Permitted Foreign Currency” means, with respect to
Letters of Credit issued pursuant to Section 2.4(n), Australian dollars, British pounds sterling, Euros, Swiss francs, Canadian dollars and any other currency acceptable to the Agent and the applicable Issuing Lender. 

“Permitted Refinancing Indebtedness” shall mean Indebtedness issued or incurred to refinance, refund, extend, renew or replace
all or a portion of Permitted Additional Indebtedness, Subordinated Obligations or Exim Indebtedness, as the case may be (“Refinanced Indebtedness”); provided that (i) the principal amount of such refinancing, refunding,
extending, renewing or replacing Indebtedness is not greater than the principal amount of such Refinanced Indebtedness (except by an amount no greater than the sum of unpaid accrued interest thereon, any premium reasonably determined to be necessary
to accomplish such transaction, any original issue discount on such exchanging, extending, renewing, replacing or refinancing Indebtedness, and reasonable fees and expenses incurred in connection with the foregoing), (ii) such refinancing,
refunding, extending, renewing or replacing Indebtedness has a final maturity that is no earlier than such Refinanced Indebtedness, (iii) if such Refinanced Indebtedness or any Guaranty Obligations thereof are subordinated to the Secured
Obligations, such refinancing, refunding, extending, renewing or replacing Indebtedness and any Guaranty Obligations thereof remain so subordinated on terms, when taken as a whole, no less favorable to the Lenders, (iv) such Indebtedness, if
secured, is not secured by a Lien on any assets other than the collateral securing the Refinanced Indebtedness (including, for the avoidance of doubt, after acquired collateral that would have secured such Refinanced Indebtedness pursuant to the
terms of such Refinanced Indebtedness), (v) in the case of Permitted Refinancing Indebtedness of Permitted Additional Indebtedness that will be secured by the Collateral, the relevant holders of such refinancing, refunding, extending, renewing
or replacing Indebtedness become party to (or otherwise remain a party to) an applicable Intercreditor Agreement, and (vi) the obligors with respect to such Permitted Refinancing Indebtedness shall be the same as the obligors with respect to
such Refinanced Indebtedness. 

  
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 “Person” means any individual or entity, including a trustee,
corporation, limited liability company, general partnership, limited partnership, joint stock company, trust, estate, unincorporated organization, business association, firm, joint venture, Governmental Agency, or other entity. 

“Pricing Certificate” means a certificate in the form of Exhibit C, properly completed and signed by a Senior
Officer or his or her designated representative of Borrower. 
 “Pricing Period” means (a) the period commencing on the
Closing Date and ending on December 1, 2013, and (b) thereafter, the period commencing on each December 2, March 2, June 2 and September 2, and ending on the next following
March 1, June 1, September 1 and December 1, respectively. 
 “Prime Rate” means the rate of
interest publicly announced from time to time by the Agent in San Francisco, California (or other headquarters city of the Agent), as its “reference rate.” The “reference rate” is one of several base rates used by the Agent and
serves as the basis upon which effective rates of interest are calculated for loans and other credits making reference thereto. The “reference rate” is not necessarily the lowest base interest rate used by the Agent. The “reference
rate” is evidenced by the recording thereof after its announcement in such internal publication or publications as the Agent may designate. Any change in the Prime Rate announced by the Agent shall take effect at the opening of business on the
day specified in the public announcement of such change. If at any time the Prime Rate is less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 

“Pro Forma Basis” means, with respect to compliance with any financial test or ratio or preparation and delivery of pro forma
financial information hereunder (including any incurrence test), compliance with such financial test or ratio or preparation and delivery of such financial information after giving effect to any EBITDA Event that occurred during the relevant testing
period for which such financial test or ratio is being calculated, including pro forma adjustments arising out of events which are directly attributable to the proposed EBITDA Event (including, to the extent elected by Borrower, “run-rate”
cost savings, operating expense reductions and synergies) that are reasonably quantifiable and factually supportable and that are expected to have a continuing impact, and such other adjustments as are determined in accordance with the definition of
EBITDA, in each case as determined by Borrower in good faith and certified on behalf of Borrower by a Responsible Official in writing, using, for purposes of determining such compliance with a financial test or ratio (including any incurrence test),
the historical financial statements of all entities, divisions, operating units or assets so acquired or sold and the consolidated financial statements of Borrower and/or any of its Restricted Subsidiaries, calculated as if such EBITDA Event, and
all other EBITDA Events that have been consummated during the relevant period, and any Indebtedness incurred or repaid in connection therewith, had been consummated and incurred or repaid at the beginning of such period, and any interest thereon
shall be deemed to have accrued from such day on such Indebtedness at the applicable rates provided therefor (and in the case of interest that does or would accrue at formula or floating rate, at the rate in effect at the time of determination) and
shall be included in the results of Borrower and its Restricted Subsidiaries for such period; provided that (i) interest accrued during such period on, and the principal of, any Indebtedness repaid or to be repaid or refinanced in such
transaction shall be excluded from the results of Borrower and its Restricted Subsidiaries for such period and (ii) the total increase to EBITDA pursuant to this definition as a result of pro forma “run-rate” cost savings, operating
expense reductions and synergies adjustments in any four consecutive Fiscal Quarter period, together with the total amount added-back to EBITDA pursuant to clauses (b)(vi), (b)(xviii) and (b)(xix) of the definition of EBITDA for such period, shall
be limited to 15.0% of EBITDA for such period (determined prior to giving effect to the increases to EBITDA contemplated by this definition and the addbacks contemplated by clauses (b)(vi), (b)(xviii) and (b)(xix) of the definition of EBITDA). 

  
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 “Projections” means the projected financial information to be prepared by
Borrower and furnished to the Lenders hereunder. 
 “Property” means any interest in any kind of property or asset, whether
real, personal or mixed, or tangible or intangible. 
 “Pro Rata Share” means, with respect to any Lender at any time,
(a) with respect to such Lender’s Revolving Commitment at any time, the percentage (carried out to the ninth decimal place) of the aggregate Revolving Commitments represented by such Lender’s Revolving Commitment at such time;
provided that if the commitment of each Lender to make Revolving Loans and the obligation of the Issuing Lender to issue, amend or extend Letters of Credit have been terminated pursuant to Section 9.2 or if the Revolving
Commitments have expired, then the Pro Rata Share of each Lender shall be determined based on the Pro Rata Share of such Lender most recently in effect, giving effect to any subsequent assignments, and (b) with respect to such Lender’s
portion of any outstanding Term Loan at any time, the percentage (carried out to the ninth decimal place) of the outstanding principal amount of such Term Loan held by such Lender at such time. The initial Pro Rata Share of each Lender is set forth
opposite the name of such Lender on Schedule 1.1 or in the Assignment and Assumption or other documentation pursuant to which such Lender becomes a party hereto, as applicable. The Pro Rata Shares shall be subject to adjustment as
provided in Section 2.10. 
 “Qualified ECP Guarantor” means, at any time, in respect of any Swap Obligation,
each Loan Party with total assets exceeding $10,000,000 or that qualifies at such time as an “eligible contract participant” under the Commodity Exchange Act and can cause another Person to qualify as an “eligible contract
participant” at such time under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 
 “Quarterly Payment
Date” means each April 1, July 1, October 1 and January 1, commencing with January 1, 2014. 

“Real Property” means, as of any date of determination, all real property then or theretofore owned, leased or occupied by any
of Borrower or its Restricted Subsidiaries. 
 “Recipient” means (a) the Agent, (b) any Lender and (c) the
Issuing Lender, as applicable. 
 “Refunded Swing Line Advances” has the meaning given in Section 2.9(c). 

“Register” has the meaning given in Section 11.8(d). 

“Regulation D” means Regulation D, as at any time amended, of the Board of Governors of the Federal Reserve System, or any
other regulation in substance substituted therefor. 
 “Regulation U” means Regulation U, as at any time amended, of the
Board of Governors of the Federal Reserve System, or any other regulation in substance substituted therefor. 
 “Related
Parties” means, with respect to any Person, such Person’s Affiliates, directors, officers, agents, trustees, managers, administrators, attorneys and employees. 

“Request for Letter of Credit” means a written request for a Letter of Credit on the Issuing Lender’s then-current form
of application and agreement for the issuance or amendment of a Letter of Credit, signed by a Responsible Official of Borrower and properly completed to provide all information required to be included therein. 

  
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 “Request for Loan” means a written request for a Loan substantially in the form
of Exhibit D, signed by a Responsible Official of Borrower, on behalf of Borrower, and properly completed to provide all information required to be included therein. 

“Requirement of Law” means, as to any Person, the articles or certificate of incorporation and by-laws or other organizational
or governing documents of such Person, and any Law, or judgment, award, decree, writ or determination of a Governmental Agency, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its
Property is subject. 
 “Requisite Lenders” means, at any time, Lenders having at such time in excess of 50% of the sum of
(i) the unused Commitments, (ii) outstanding Loans and (iii) unfunded participation interests in L/C Obligations and Swing Line Loans. The unused Commitments and outstanding Loans of any Defaulting Lender shall be disregarded in
determining Requisite Lenders at any time; provided that the amount of any participation in any Swing Line Loan and unreimbursed drawings under Letters of Credit that such Defaulting Lender has failed to fund that have not been reallocated to
and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or the Issuing Lender, as the case may be, in making such determination. 

“Responsible Official” means (a) any Senior Officer and (b) any other responsible official of Borrower or a
Restricted Subsidiary thereof so designated in a written notice thereof from a Senior Officer to the Agent. The Lenders shall be entitled to conclusively rely upon any document or certificate that is signed or executed by a Responsible Official of
Borrower or any of its Restricted Subsidiaries as having been authorized by all necessary corporate, partnership and/or other action on the part of Borrower or such Restricted Subsidiary. 

“Restricted Subsidiary” means any Subsidiary other than an Unrestricted Subsidiary; provided, that, upon any
Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Subsidiary shall be included in the definition of “Restricted Subsidiary”. 

“Revaluation Date” means, with respect to any Foreign Currency Letter of Credit, each of the following: (i) the date of
issuance of such Foreign Currency Letter of Credit, (ii) each date of an amendment to such Foreign Currency Letter of Credit having the effect of increasing the amount thereof, (iii) each date of any payment by the Issuing Lender under
such Foreign Currency Letter of Credit and (iv) in the case of all Existing Letters of Credit denominated in Permitted Foreign Currencies, the Closing Date. 

“Revolving Commitment” means, as to each Lender, its obligation to (a) make Revolving Loans to Borrower pursuant to
Section 2.1, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such
Lender’s name on Schedule 1.1 or in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto or in any documentation executed by such Lender pursuant to Section 2.8(b), as applicable, as such amount
may be adjusted from time to time in accordance with this Agreement. The Revolving Commitment of a Lender shall include any Extended Revolving Commitment of such Lender. As the context requires, references to “Revolving Commitment” shall
include the aggregate Revolving Commitments of all of the Revolving Lenders. 
 “Revolving Credit Facility” means, at any
time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time. The aggregate amount of all of the Revolving Credit Facility on the Second Amendment Effective Date is $800,000,000. 

“Revolving Lender” means a Lender with a Revolving Commitment. 

  
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 “Revolving Loan” means a Loan (other than a Swing Line Advance) made under a
Revolving Commitment. Unless the context shall otherwise require, the term “Revolving Loan” shall include any Extended Revolving Loans. 

“Revolving Loan Maturity Date” means the earliest of (a) (i) the Stated Revolving Loan Maturity Date and (ii) with
respect to any Extended Revolving Commitments, the maturity dates specified therefor in the applicable Extended Facility Agreement; (b) the date of termination of the Revolving Commitments pursuant to Section 2.5 or 9.2; and
(c) the date on which the Obligations become due and payable pursuant to Section 9.2. 
 “Revolving Note”
means any of the promissory notes made by Borrower to a Lender evidencing Advances (other than the Swing Line Advances) under that Lender’s Pro Rata Share of the Revolving Commitment, substantially in the form of Exhibit E-1. 

“Right of Others” means, as to any Property in which a Person has an interest, any legal or equitable right, title or other
interest (other than a Lien) held by any other Person in that Property, and any option or right held by any other Person to acquire any such right, title or other interest in that Property, including any option or right to acquire a Lien;
provided, however, that (a) no covenant restricting the use or disposition of Property of such Person contained in any Contractual Obligation of such Person and (b) no provision contained in a contract creating a right of payment or
performance in favor of a Person that conditions, limits, restricts, diminishes, transfers or terminates such right shall be deemed to constitute a Right of Others. 

“Sanctioned Country” means, at any time, a country, region or territory which is itself the subject or target of any Sanctions
(at the time of the Second Amendment Effective Date, Crimea, Cuba, Iran, North Korea, Sudan and Syria). 
 “Sanctioned
Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, by the
United Nations Security Council, the European Union, any European Union member state, Her Majesty’s Treasury of the United Kingdom or other relevant sanctions authority, (b) any Person operating, organized or resident in a Sanctioned
Country or (c) any Person owned or controlled by any such Person or Persons described in the foregoing clauses (a) or (b). 

“Sanctions” means all economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time
by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, (b) the United Nations Security Council, the European Union, any
European Union member state, Her Majesty’s Treasury of the United Kingdom or other relevant sanctions authority. 

“Satellite” means any satellite owned by Borrower or any of its Subsidiaries (whether now owned or hereafter acquired) and any
satellite purchased by Borrower or any of its Subsidiaries pursuant to the terms of a satellite purchase agreement with the prime contractor and manufacturer of such Satellite relating to the manufacture, testing and delivery of such satellite,
whether such satellite is in the process of manufacture, has been delivered for launch or is in orbit (whether or not in operational service), and whether such satellite has been acquired or purchased for use by Borrower and its Subsidiaries, for
resale to a third party or otherwise. 
 “Satellite Activities” means any of the following: (a) designing, developing,
procuring, constructing, managing, launching, testing, operating, insuring and commercializing one or more Satellites; (b) procuring, leasing, managing and operating capacity, bandwidth, beams, transponders or

  
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threads or other rights of use on one or more satellites; (c) designing, developing, procuring, constructing, manufacturing, managing, testing, operating, maintaining, insuring, leasing and
commercializing gateway facilities, earth stations and other ground infrastructure (including user terminals and hub equipment) for satellites; (d) procuring, making, holding and maintaining licenses, authorizations, approvals, permits,
filings, registrations, consents, agreements and other instruments with respect to any of the foregoing and any payments associated therewith; and (e) pursuing such other lawful business activities as may be related, ancillary or complementary
to any of the foregoing or a reasonable extension or expansion thereof. 
 “Satellite Project” means any Existing Satellite
Project and any Other Satellite Project. 
 “Satellite Trigger” means, with respect to any Satellite, either (x) the
launch of such Satellite or (y) the commencement of commercial services with respect to such Satellite, as elected and designated by Borrower in writing to the Agent no later than 60 days following the launch of such Satellite; provided
that, to the extent Borrower fails to so notify the Agent within such 60 day period, “Satellite Trigger” shall be deemed to be the launch of such Satellite. 

“SEC” means the Securities and Exchange Commission, or any Governmental Agency succeeding to any of its principal functions.

 “Second Amendment” means that certain Second Amendment to Credit Agreement dated as of May 24, 2016 among Borrower,
Agent and the Lenders party thereto. 
 “Second Amendment Effective Date” has the meaning assigned to such term in the
Second Amendment. 
 “Secured Hedging Agreements” means any Hedging Agreement between Borrower or one or more Restricted
Subsidiaries and a Hedge Bank. 
 “Secured Obligations” means (a) all Obligations, (b) all debts, liabilities and
obligations now or hereafter owing from Borrower and any Restricted Subsidiary to any Lender or any Affiliate of a Lender under Secured Hedging Agreements or arising from or related to Bank Products and (c) all costs and expenses incurred in
connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due,
now existing or hereafter arising and including interest and fees that accrue after the commencement by or against Borrower or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding,
regardless of whether such interest and fees are allowed claims in such proceeding; provided, however, that the “Secured Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such Loan
Party. 
 “Secured Parties” has the meaning set forth in the Security Agreements. 

“Secured Party Designation Notice” shall mean a notice from any Lender or an Affiliate of a Lender substantially in the form
of Exhibit M. 
 “Security Agreements” means the Borrower Pledge Agreement, the Borrower Security Agreement, the
Subsidiary Pledge Agreement (if any), the Subsidiary Security Agreement (if any) and each of the other collateral assignments, security agreements, pledge agreements or other similar agreements, instruments or documents that creates or purports to
create a Lien in favor of the Agent. 

  
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 “Senior Officer” means (a) the chief executive officer, (b) the
president, (c) any executive vice president, (d) the chief financial officer or (e) the treasurer, in each case of Borrower. 

“Senior Secured Leverage Ratio” means, as of any date of determination, the ratio of (a) all Funded Debt that is secured
Indebtedness of Borrower and its Restricted Subsidiaries, on a consolidated basis, on that date minus the aggregate amount of all Eligible Cash and Cash Equivalents on that date to (b) Borrower’s consolidated trailing twelve
month EBITDA as of Borrower’s most recent Fiscal Quarter end (or Fiscal Year end in the case of the fourth Fiscal Quarter of any Fiscal Year) for which financial statements prepared on a consolidated basis in accordance with GAAP are available.

 “Series” has the meaning given in Section 2.8(c). 

“Significant Domestic Subsidiary” means a Domestic Restricted Subsidiary that is a Significant Subsidiary, other than any such
Subsidiary that is an ECA Borrower or an ECA Guarantor and any such Subsidiary that is a Foreign Subsidiary Holdco. 
 “Significant
Foreign Subsidiary” means a Foreign Restricted Subsidiary that is a Significant Subsidiary, other than any such Subsidiary that is an ECA Borrower or an ECA Guarantor. 

“Significant Foreign Subsidiary Holdco” means a Foreign Subsidiary Holdco that is a Significant Subsidiary, other than any
such Subsidiary that is an ECA Borrower or an ECA Guarantor. 
 “Significant Subsidiary” means a Restricted Subsidiary that
either (i) had EBITDA (on a consolidated basis with its Restricted Subsidiaries) for the Fiscal Year then most recently ended for which financial statements prepared on a consolidated basis in accordance with GAAP are available in excess of 5%
of EBITDA for such Fiscal Year, (ii) had total assets (on a consolidated basis with its Restricted Subsidiaries) in excess of 5% of Consolidated Total Assets as at the end of the Fiscal Year then most recently ended for which financial
statements prepared on a consolidated basis in accordance with GAAP are available or (iii) owns a Satellite. 

“Solvent” means, as of any date of determination, and as to any Person, that on such date: (a) the fair valuation of the
assets of such Person is greater than the fair valuation of such Person’s probable liability in respect of existing debts; (b) such Person does not intend to, and does not believe that it will, incur debts beyond such Person’s ability
to pay as such debts mature; (c) such Person is not engaged in a business or transaction, and is not about to engage in a business or transaction, which would leave such Person with assets remaining which would constitute unreasonably small
capital after giving effect to the nature of the particular business or transaction; and (d) such Person is generally paying its debts as they become due. For the purpose of the foregoing (1) the “fair valuation” of any assets
means the amount realizable within a reasonable time, either through collection or sale, of such assets at their regular market value, which is the amount obtainable by a capable and diligent businessman from an interested buyer willing to purchase
such assets within a reasonable time under ordinary circumstances; and (2) the term “debts” includes any legal liability whether matured or unmatured, liquidated or unliquidated, absolute, fixed, or contingent. 

“Special Eurodollar Circumstance” means the application or adoption after the Closing Date of any Law or interpretation, or
any change therein or thereof, or any change in the interpretation or administration thereof by any Governmental Agency, central bank or comparable authority charged with the interpretation or administration thereof (including, without limitation,
Dodd-Frank and Basel III, regardless of the date enacted, adopted or issued), or compliance by any Lender or its Eurodollar Lending Office with any request or directive (whether or not having the force of Law) of any such Governmental Agency,
central bank or comparable authority. 

  
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 “Specified ECA Financing” means any Permitted ECA Financing for a Specified ECA
Project. 
 “Specified ECA Project” means any ECA Project with respect to which the Agent has a pledge of (i) 65% of
the voting Equity Interests of the first-tier Significant Foreign Subsidiary or Significant Foreign Subsidiary Holdco, as the case may be, that is a direct or indirect parent company of the ECA Borrowers or ECA Guarantors with respect to such ECA
Project and (ii) 100% of the non-voting Equity Interests (if any) of the first-tier Foreign Subsidiary or Significant Foreign Subsidiary Holdco, as the case may be, that is a direct or indirect parent company of the ECA Borrowers or ECA
Guarantors with respect to such ECA Project, in each case whether or not such pledge is required under the Loan Documents. 

“Specified Loan Party” has the meaning given in Section 11.28. 

“Spot Rate” means, with respect to any Foreign Currency Letter of Credit, the rate determined by the Issuing Lender with
respect thereto to be the rate quoted by it as the spot rate for the purchase by it of Dollars with the applicable Permitted Foreign Currency through its foreign exchange trading office at approximately 11:00 a.m. (London time) on the date as of
which the foreign exchange computation is made. 
 “Standby Letter of Credit” means each Letter of Credit issued by an
Issuing Lender pursuant to Section 2.4 to support the payment or performance of an obligation by Borrower or any of its Restricted Subsidiaries and providing for the payment of cash upon the honoring of a presentation thereunder. 

“Stated Revolving Loan Maturity Date” means with respect to the Revolving Commitments of the Revolving Lenders (other than any
portion constituting an Extended Facility), May 24, 2021; provided that if on March 16, 2020 both (i) the Senior Secured Leverage Ratio, calculated on a Pro Forma Basis, exceeds 2.00 to 1.00 and (ii) more than
$200,000,000 in an aggregate principal amount of 2020 Senior Notes remain outstanding, the Stated Revolving Loan Maturity Date shall be the earlier of (x) May 24, 2021 and (y) the date that is 91 days prior to the maturity date of the
2020 Senior Notes. 
 “Stockholders’ Equity” means, as of any date of determination and with respect to any Person, the
consolidated stockholders’ equity of the Person as of that date determined in accordance with GAAP; provided that there shall be excluded from Stockholders’ Equity any amount attributable to Disqualified Stock. 

“Subordinated Obligations” means any Indebtedness of Borrower that (a) does not have any scheduled principal payment,
mandatory principal prepayment or sinking fund payment due prior to the date that is one year after the latest applicable Maturity Date (unless permitted under an Affiliate Subordination Agreement), (b) is not secured by any Lien on any
Property of Borrower or any of its Subsidiaries, (c) is not guaranteed by any Subsidiary of Borrower unless, if such Subsidiary is a party to the Subsidiary Guaranty, such guaranty of such Indebtedness is subordinated to the Subsidiary Guaranty
pursuant to a Subordination Agreement or an Affiliate Subordination Agreement, as applicable, and (d) is subordinated pursuant to a Subordination Agreement or an Affiliate Subordination Agreement, as applicable. For the avoidance of doubt, the
2020 Senior Notes and any Permitted Additional Indebtedness do not constitute Subordinated Obligations, in each case, unless otherwise explicitly stated by their terms to be “Subordinated Obligations” hereunder. 

“Subordination Agreement” means a subordination agreement substantially in the form attached hereto as Exhibit F-2 with
such modifications, if any, subject to the Agent’s reasonable approval. 
 “Subsidiary” means, as of any date of
determination and with respect to any Person, any corporation, limited liability company or partnership (whether or not, in any case, characterized as such or 

  
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as a “joint venture”), whether now existing or hereafter organized or acquired: (a) in the case of a corporation or limited liability company, of which a majority of the
Equity Interests having ordinary voting power for the election of directors or other governing body (other than securities having such power only by reason of the happening of a contingency) are at the time beneficially owned by such Person and/or
one or more Subsidiaries of such Person, or (b) in the case of a partnership, of which a majority of the partnership or other ownership interests are at the time beneficially owned by such Person and/or one or more of its Subsidiaries. 

“Subsidiary Guarantors” means all Significant Domestic Subsidiaries and each other Restricted Subsidiary of Borrower that
guarantees the Secured Obligations pursuant to the Subsidiary Guaranty from time to time; provided that no ECA Borrower or ECA Guarantor shall be required to be a Subsidiary Guarantor while it is an ECA Borrower or ECA Guarantor under a
Permitted ECA Financing. 
 “Subsidiary Guaranty” means the Subsidiary Guaranty, in substantially the form attached as
Exhibit O hereto, by and among the Subsidiary Guarantors and the Agent. 
 “Subsidiary Pledge Agreement” means
the Subsidiary Pledge Agreement, in substantially the form attached as Exhibit P hereto, by and among the Subsidiary Guarantors and the Agent. 

“Subsidiary Security Agreement” means the Subsidiary Security Agreement, in substantially the form attached as
Exhibit Q hereto, by and among the Subsidiary Guarantors and the Agent. 
 “Succeeding Years” has the meaning
given in Section 7.1(d). 
 “Swap Obligation” means with respect to any Subsidiary Guarantor 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. 

“Swing Line” means the revolving credit loans to be advanced to Borrower by the Swing Line Lender pursuant to
Section 2.9, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Swing Line Maximum Amount. The Swing Line is part of, and not in addition to, the Revolving Credit Facility. 

“Swing Line Advance” means a borrowing requested by Borrower and made by Swing Line Lender pursuant to
Section 2.9. 
 “Swing Line Lender” means MUFG, in its capacity as lender of the Swing Line under
Section 2.9, or its successor as subsequently designated hereunder. 
 “Swing Line Maximum Amount” means Ten
Million Dollars ($10,000,000). 
 “Swing Line Note” means any of the promissory notes made by Borrower to Swing Line Lender
evidencing Swing Line Advances substantially in the form of Exhibit E-2. 
 “Taxes” means all present or future
taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Agency, including any interest, additions to tax or penalties applicable thereto. 

“Term Loan Commitment” means any New Term Loan Commitment and any Extended Term Loan Commitment. 

  
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 “Term Loan Lender” means each Lender that has a Term Loan Commitment or that
holds a Term Loan. 
 “Term Loans” means the New Term Loans and the Extended Term Loans. 

“to the best knowledge of” means, when modifying a representation, warranty or other statement of Borrower, that the facts or
situation described therein is known by a Senior Officer, or with the exercise of reasonable due diligence under the circumstances (in accordance with the standard of what a reasonable Person in similar circumstances would have done) would have been
known by a Senior Officer. 
 “Total Leverage Ratio” means, as of any date of determination, the ratio of (a) all
Funded Debt of Borrower and its Restricted Subsidiaries, on a consolidated basis, on that date minus the aggregate amount of all Eligible Cash and Cash Equivalents on that date, to (b) Borrower’s consolidated trailing twelve
month EBITDA as of Borrower’s most recent Fiscal Quarter end (or Fiscal Year end in the case of the fourth Fiscal Quarter of any Fiscal Year) for which financial statements prepared on a consolidated basis in accordance with GAAP are available.

 “Trellisware” means Trellisware Technologies, Inc., a Delaware corporation. 

“type,” when used with respect to any Loan or Advance, means the designation of whether such Loan or Advance is an Alternate
Base Rate Loan or Advance, or a Eurodollar Rate Loan or Advance. 
 “Unrestricted Subsidiary” means (a) until such
time, if any, as it has been designated as a Restricted Subsidiary pursuant to Section 5.11, Trellisware, (b) until such time, if any, as it has been designated as a Restricted Subsidiary pursuant to Section 5.11, Euro
Broadband, (c) any Subsidiary of Borrower (whether formed or acquired before, on or after the Closing Date) that is designated as an Unrestricted Subsidiary by Borrower pursuant to Section 5.11, and (d) any Subsidiary of an
Unrestricted Subsidiary. 
 “Unsubmitted Eligible Invoices” means, as of any date of determination, invoices with respect to
an ECA Project that have not been submitted to the relevant ECA Lender for reimbursement pursuant to the relevant Permitted ECA Financing. 

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

 “Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by
dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect
thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness. 

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

“Wholly-Owned Restricted Subsidiary” means a Wholly-Owned Subsidiary that is a Restricted Subsidiary. 

  
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 “Wholly-Owned Subsidiary” means a Subsidiary of Borrower, 100% of the Equity
Interests of which are owned, directly or indirectly, by Borrower, except for director’s qualifying shares required by applicable Laws. 

“Withholding Agent” means Borrower and the Agent. 

“Write-Down and Conversion Powers” means, 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. 

1.2 Use of Defined Terms. Any defined term used in the plural shall refer to all members of the relevant class, and any defined
term used in the singular shall refer to any one or more of the members of the relevant class. Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as
referring to such agreement, instrument or other document as from time to time amended, restated, amended and restated, extended, renewed, supplemented or otherwise modified (subject to any restrictions on such amendments, restatements, amendments
and restatements, extensions, renewals, supplements or modifications set forth herein), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein,”
“hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections, Exhibits and
Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) any reference to any law or regulation herein shall, unless otherwise specified, refer to such law or regulation as amended,
modified or supplemented from time to time, and (f) 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, whether
real, personal or mixed, including cash, securities, accounts and contract rights. 
 1.3 Accounting Terms. All accounting
terms not specifically defined in this Agreement shall be construed in conformity with, and all financial data required to be submitted by this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, except as otherwise
specifically prescribed herein. In the event that GAAP changes during the term of this Agreement such that the covenants contained in Sections 6.13 and 6.14 would then be calculated in a different manner or with different
components, Borrower and the Lenders agree to amend this Agreement in such respects as are necessary to conform those covenants as criteria for evaluating Borrower’s financial condition to substantially the same criteria as were effective prior
to such change in GAAP and Borrower shall be deemed to be in compliance with the covenants contained in the aforesaid Sections if and to the extent that Borrower would have been in compliance therewith under GAAP as in effect immediately prior to
such change, but shall have the obligation to deliver each of the materials described in Article 7 to the Agent and the Lenders, on the dates therein specified, with financial data presented in a manner which conforms with GAAP as in effect
immediately prior to such change. However, notwithstanding any change in GAAP after the Closing Date that would require lease obligations that would be treated as operating leases as of the Closing Date to be classified and accounted for as Capital
Leases or otherwise reflected on Borrower’s consolidated balance sheet, such obligations shall continue to be excluded from the definitions of Indebtedness, Capital Leases and Capital Lease Obligations. Notwithstanding any other provision
contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made without giving effect to any election under Accounting Standards
Codification 825-10-25 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of Borrower or any Restricted Subsidiary at “fair
value”, as defined therein. 

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

1.5 Exhibits and Schedules. All Exhibits and Schedules to this Agreement, either as originally existing or as the same may from
time to time be supplemented, modified or amended, are incorporated herein by this reference. A matter disclosed on any Schedule shall be deemed disclosed on all Schedules. 

1.6 References to “Borrower and its Restricted Subsidiaries”. Any reference herein to “Borrower and its
Restricted Subsidiaries” or the like shall refer solely to Borrower during such times, if any, as Borrower shall have no Restricted Subsidiaries. 

1.7 Miscellaneous Terms. The term “or” is disjunctive; the term “and” is conjunctive. The term
“shall” is mandatory; the term “may” is permissive. Masculine terms also apply to females; feminine terms also apply to males. The term “including” is by way of example and not limitation. 

1.8 Times of Day; Rates. Unless otherwise specified, all references herein to times of day shall be references to Pacific time
(daylight or standard, as applicable). The Agent does not warrant, nor accept responsibility, nor shall the Agent have any liability with respect to the administration, submission or any other matter related to the rates in the definition of
“Eurodollar Rate” or with respect to any comparable or successor rate thereto. 
 1.9 Limited Condition
Transactions. 
 To the extent that the terms of this Agreement require (i) pro forma compliance with the Interest Coverage
Ratio, the Total Leverage Ratio or the Senior Secured Leverage Ratio, (ii) compliance with the amount or availability of New Commitments permitted to be incurred or established in accordance with Section 2.8 (including for purposes
of incurring Incremental Equivalent Indebtedness in lieu of New Commitments), the Available Basket Amount or any other basket measured as a percentage of EBITDA, or (iii) the absence of a Default or Event of Default as a condition precedent to
the consummation of a Limited Condition Transaction, the date of determination as to the whether the relevant condition is satisfied (the “LCT Test Date”) shall, at the election of Borrower (an “LCT Election”), be
the date of execution of the definitive agreements for such Limited Condition Transaction, immediately after giving effect to such Limited Condition Transaction on a Pro Forma Basis and the other transactions to be entered into in connection
therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as if they occurred at the beginning of the applicable test period; provided that in connection with any Limited Condition Transaction for which an LCT Election has
been made, it shall be a condition to the consummation of such Limited Condition Transaction that, as of the date of such consummation, no Event of Default under Section 9.1(a), 9.1(b) or 9.1(j) exists or would result
therefrom. 
 For the avoidance of doubt if any of such ratios or amounts for which compliance was determined or tested as of the LCT Test
Date are exceeded as a result of fluctuations in such ratio or amount (including due to fluctuations in EBITDA of Borrower or the Person subject to such Limited Condition Transaction), at or prior to the consummation of the relevant transaction or
action, such ratios or amounts will not be deemed to have been exceeded as a result of such fluctuations solely for purposes of determining whether the relevant transaction or action is permitted to be consummated or taken. 

  
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 If Borrower makes an LCT Election, then in connection with any calculation of any ratio, test or
basket availability with respect to any transaction following the relevant LCT Test Date and prior to the earlier of the date on which such Limited Condition Transaction is consummated or the date that the definitive agreement for such Limited
Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, for purposes of determining whether such subsequent transaction is permitted under this Agreement, any such ratio, test or basket shall be
required to be satisfied on a Pro Forma Basis (i) assuming that such Limited Condition Transaction and other transactions in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have been consummated
and (ii) assuming that such Limited Condition Transaction and other transactions in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have not been consummated. For the avoidance of doubt,
notwithstanding anything in this Section 1.9 to the contrary, the requirements of Section 8.2 are required to be satisfied in connection with any extensions of credit (except as expressly provided in Section 2.8 in
connection with New Term Loan Commitments. 
 ARTICLE 2 

LOANS AND LETTERS OF CREDIT 

2.1 Loans – General. 

(a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time from the Closing Date
through the applicable Revolving Loan Maturity Date, each Revolving Lender shall, pro rata according to that Lender’s Pro Rata Share of the then applicable Revolving Commitment, make Advances to Borrower under the Revolving Commitment in such
amounts as Borrower may request that do not result in the sum of (i) the Outstanding Amount of all Revolving Loans, (ii) the Outstanding Amount of all Swing Line Advances and (iii) the Outstanding Amount of all L/C Obligations
to exceed the then applicable Revolving Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Revolving Commitment without premium or penalty. Subject to the terms and conditions set forth in this
Agreement and in the applicable New Term Facility Supplement, each Term Loan Lender shall, pro rata according to that Lender’s Pro Rata Share of the relevant New Term Commitment, make Advances of the relevant New Term Loan to Borrower. Amounts
repaid on a Term Loan may not be reborrowed. 
 (b) Subject to the next sentence, each Loan shall be made pursuant to a
Request for Loan which shall specify the requested (i) date of such Loan, (ii) type of Loan, (iii) amount of such Loan, and (iv) in the case of a Eurodollar Rate Loan, the Eurodollar Period for such Loan. Unless the Agent has
notified, in its reasonable discretion, Borrower to the contrary, a Loan may be requested by telephone by a Responsible Official of Borrower, in which case Borrower shall confirm such request by promptly delivering a Request for Loan (conforming to
the preceding sentence) in person or by facsimile or electronic communication to the Agent. The Agent shall incur no liability whatsoever hereunder in acting upon any telephonic request for Loan purportedly made by a Responsible Official of
Borrower, and Borrower hereby agrees to indemnify the Agent from any loss, cost, expense or liability as a result of so acting. 

(c) Promptly following receipt of a Request for Loan, the Agent shall notify each Lender by electronic mail, telephone,
facsimile or posting on the Platform (and if by telephone, promptly confirmed by facsimile) of the date and type of the Loan, the applicable Eurodollar Period, and that Lender’s Pro Rata Share of the Loan. Not later than 12:00 p.m. on the date
specified for any Loan (which must be a Banking Day), each Lender shall make its Pro Rata 

  
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Share of the Loan in immediately available funds available to the Agent at the Agent’s Office. Upon satisfaction or waiver of the applicable conditions set forth in Article 8 and, if
applicable, any New Term Facility Supplement and Extended Facility Agreement, all Advances shall be credited on that date in immediately available funds to the Designated Deposit Account. 

(d) Unless the Requisite Lenders otherwise consent, each Loan which is an Alternate Base Rate Loan shall be not less than
$1,000,000 and in an integral multiple of $500,000 and each Loan which is a Eurodollar Rate Loan shall be not less than $5,000,000 and in an integral multiple of $1,000,000. Unless the Swing Line Lender otherwise consents, each Swing Line Advance
shall be not less than $250,000 and in an integral multiple of $250,000. 
 (e) If requested by any Lender, the Advances made
by each Lender under any Commitment shall be evidenced by a Note. 
 (f) A Request for Loan that is a Eurodollar Rate Loan
shall become irrevocable three Eurodollar Banking Days before the requested date of the Loan. A Request for Loan that is an Alternate Base Rate Loan shall become irrevocable one Banking Day before the requested date of the Loan. 

(g) If no Request for Loan (or telephonic request for Loan referred to in the second sentence of Section 2.1(c), if
applicable) has been made within the requisite notice periods set forth in Section 2.2 or 2.3 prior to the end of the Eurodollar Period for any outstanding Eurodollar Rate Loan, then on the last day of such Eurodollar Period,
such Eurodollar Rate Loan shall be automatically converted into an Alternate Base Rate Loan in the same amount. 
 2.2 Alternate Base
Rate Loans. Each request by Borrower for an Alternate Base Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable)
received by the Agent, at the Agent’s Office, not later than 10:00 a.m., on the date (which must be a Banking Day) immediately prior to the date of the requested Alternate Base Rate Loan. All Loans shall constitute Alternate Base Rate Loans
unless properly designated as a Eurodollar Rate Loan pursuant to Section 2.3. 
 2.3 Eurodollar Rate Loans. 

(a) Each request by Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other
request for Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Agent, at the Agent’s Office, not later than 9:00 a.m., at least three (3) Eurodollar Banking Days before the first day of
the applicable Eurodollar Period. 
 (b) On the date which is two (2) Eurodollar Banking Days before the first day of
the applicable Eurodollar Period, the Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrower and the
Lenders by telephone or facsimile (and if by telephone, promptly confirmed by facsimile). 
 (c) Unless the Agent and the
Requisite Lenders otherwise consent, no more than ten (10) Eurodollar Rate Loans shall be outstanding at any one time. 

(d) No Eurodollar Rate Loan may be requested during the continuation of a Default or Event of Default. 

  
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 (e) Nothing contained herein shall require any Lender to fund any Eurodollar Rate
Advance in the Designated Eurodollar Market. 
 2.4 Letters of Credit. 

(a) The Existing Letters of Credit described in Schedule 2.4 shall be Letters of Credit for all purposes under this
Agreement. 
 (1) Subject to the terms and conditions hereof, at any time and from time to time from the Closing Date through
the Revolving Loan Maturity Date applicable to the Issuing Lender, the Issuing Lender shall, in reliance upon the agreements of the Lenders set forth in this Section 2.4, issue such Letters of Credit under the Revolving Commitment as
Borrower may request by a Request for Letter of Credit for the account of Borrower; provided that: 
 (i) after
giving effect to all such Letters of Credit, the sum of: 
 (A) the Outstanding Amount of all Revolving Loans;
plus 
 (B) the Outstanding Amount of all Swing Line Advances; plus 

(C) the Outstanding Amount of all L/C Obligations, does not exceed the then applicable Revolving Commitment; and 

(ii) the Outstanding Amount of all L/C Obligations does not exceed the Letter of Credit Sublimit; 

(2) Each Letter of Credit shall be in a form reasonably acceptable to the Issuing Lender. 

(3) Unless all the Revolving Lenders otherwise consent in a writing delivered to the Agent, the term of any Letter of Credit
(other than any Existing Letters of Credit) shall not exceed twenty four (24) months. 
 (4) The term of any Letter of
Credit shall not extend beyond the latest Revolving Loan Maturity Date unless all Revolving Lenders and the Issuing Lender otherwise consent in a writing delivered to the Agent and as a condition thereto Borrower provides Cash Collateral to the
Issuing Lender on or prior to the latest Revolving Loan Maturity Date. 
 (b) Each Request for Letter of Credit shall be
submitted to the Issuing Lender, with a copy to the Agent, at least two (2) Banking Days prior to the date upon which the related Letter of Credit is proposed to be issued. The Agent shall promptly notify the Issuing Lender whether such Request
for Letter of Credit, and the issuance of a Letter of Credit pursuant thereto, conforms to the requirements of this Agreement (including whether there exists sufficient availability under the Revolving Commitments). Unless the Agent provides
written notice to the applicable Issuing Lender at least one (1) Banking Day prior to the requested date of issuance that the issuance of such letter of credit does not conform to the requirements of this Agreement, then, subject to the terms
and conditions hereof, such Issuing Lender shall, on the requested date, issue a Letter of 

  
 46 

 
Credit hereunder. Upon issuance of a Letter of Credit, the Issuing Lender shall promptly notify the Agent, and the Agent shall promptly notify the Revolving Lenders, of the amount and terms
thereof. Such Request for Letter of Credit may be sent by facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by the Issuing Lender, by personal delivery or by any other means acceptable to
the Issuing Lender. 
 (c) Upon the issuance of a Letter of Credit, each Revolving Lender shall be deemed to have purchased a
pro rata participation in such Letter of Credit from the Issuing Lender in an amount equal to that Lender’s Pro Rata Share of the Revolving Commitment. Without limiting the scope and nature of each Revolving Lender’s participation in any
Letter of Credit, to the extent that the Issuing Lender has not been reimbursed by Borrower for any payment required to be made by the Issuing Lender under any Letter of Credit, each Revolving Lender shall, pro rata according to its Pro Rata Share,
reimburse the Issuing Lender through the Agent promptly upon demand for the amount of such payment. The obligation of each Revolving Lender to so reimburse the Issuing Lender shall be absolute and unconditional and shall not be affected by the
occurrence of an Event of Default or any other occurrence or event. Any such reimbursement shall not relieve or otherwise impair the obligation of Borrower to reimburse the Issuing Lender for the amount of any payment made by the Issuing Lender
under any Letter of Credit together with interest as hereinafter provided. 
 (d) Borrower agrees to pay to the Issuing
Lender through the Agent an amount equal to any payment made by the Issuing Lender with respect to each Letter of Credit within one (1) Banking Day after demand made by the Issuing Lender therefor, together with interest on such amount from the
date of any payment made by the Issuing Lender at the rate applicable to Alternate Base Rate Loans for two (2) Banking Days and thereafter at the Default Rate. The principal amount of any such payment shall be used to reimburse the Issuing
Lender for the payment made by it under the Letter of Credit and, to the extent that the Revolving Lenders have not reimbursed the Issuing Lender pursuant to Section 2.4(c), the interest amount of any such payment shall be for the
account of the Issuing Lender. Each Revolving Lender that has reimbursed the Issuing Lender pursuant to Section 2.4(c) for its Pro Rata Share of any payment made by the Issuing Lender under a Letter of Credit shall thereupon acquire a
pro rata participation, to the extent of such reimbursement, in the claim of the Issuing Lender against Borrower for reimbursement of principal and interest under this Section 2.4(d) and shall share, in accordance with that pro rata
participation, in any principal payment made by Borrower with respect to such claim and in any interest payment made by Borrower (but only with respect to periods subsequent to the date such Lender reimbursed the Issuing Lender) with respect to such
claim. 
 (e) Borrower may, pursuant to a Request for Loan, request that Advances made under the Revolving Commitment be made
pursuant to Section 2.1(a) to provide funds for the payment required by Section 2.4(d) and, for this purpose, the conditions precedent set forth in Article 8 shall not apply. The proceeds of such Advances shall be paid
directly to the Issuing Lender to reimburse it for the payment made by it under the Letter of Credit. 
 (f) If Borrower
fails to make the payment required by Section 2.4(d) within the time period therein set forth, in lieu of the reimbursement to the Issuing Lender under Section 2.4(c) the Issuing Lender may (but is not required to), without
notice to or the consent of Borrower, instruct the Agent to cause L/C Advances to be made by the Revolving Lenders under the Revolving Commitment in an aggregate amount equal to the amount paid by the Issuing Lender with respect to that Letter of
Credit and, for this purpose, the conditions precedent set forth in 

  
 47 

 
Article 8 shall not apply. The proceeds of such L/C Advances shall be paid directly to the Issuing Lender to reimburse it for the payment made by it under the Letter of Credit. 

(g) The issuance of any supplement, modification, amendment, renewal, or extension to or of any Letter of Credit shall be
treated in all respects the same as the issuance of a new Letter of Credit. 
 (h) The obligation of Borrower to pay to the
Issuing Lender the amount of any payment made by the Issuing Lender under any Letter of Credit shall be absolute, unconditional, and irrevocable, subject only to performance by the Issuing Lender of its obligations to Borrower under Uniform
Commercial Code Section 5109. Without limiting the foregoing, Borrower’s obligations shall not be affected by any of the following circumstances: 

(i) any lack of validity or enforceability prior to its stated expiration date of the Letter of Credit, this Agreement, or any
other agreement or instrument relating thereto; 
 (ii) any amendment or waiver of or any consent to departure from the
Letter of Credit, this Agreement, or any other agreement or instrument relating thereto, with the consent of Borrower; 

(iii) the existence of any claim, setoff, defense, or other rights which Borrower may have at any time against the Issuing
Lender, the Agent or any Lender, any beneficiary of the Letter of Credit (or any persons or entities for whom any such beneficiary may be acting) or any other Person, whether in connection with the Letter of Credit, this Agreement, or any other
agreement or instrument relating thereto, or any unrelated transactions; 
 (iv) any demand, statement, or any other
document presented under the 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 whatsoever so long as any such document appeared substantially
to comply with the terms of the Letter of Credit; 
 (v) payment by the Issuing Lender in good faith under the Letter of
Credit against presentation of a draft or any accompanying document which does not strictly comply with the terms of the Letter of Credit, unless the acceptance of such draft or other accompanying document constituted gross negligence; 

(vi) the existence, character, quality, quantity, condition, packing, value or delivery of any Property purported to be
represented by documents presented in connection with any Letter of Credit or any difference between any such Property and the character, quality, quantity, condition, or value of such Property as described in such documents; 

(vii) the time, place, manner, order or contents of shipments or deliveries of Property as described in documents presented in
connection with any Letter of Credit or the existence, nature and extent of any insurance relative thereto; 

  
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 (viii) the solvency or financial responsibility of any party issuing any
documents in connection with a Letter of Credit; 
 (ix) any failure or delay in notice of shipments or arrival of any
Property; 
 (x) any error in the transmission of any message relating to a Letter of Credit not caused by the Issuing
Lender, or any delay or interruption in any such message; 
 (xi) any error, neglect or default of any correspondent of the
Issuing Lender in connection with a Letter of Credit; 
 (xii) any consequence arising from acts of God, war, insurrection,
civil unrest, disturbances, labor disputes, emergency conditions or other causes beyond the control of the Issuing Lender; 

(xiii) so long as the Issuing Lender in good faith determines that the contract or document appears substantially to comply
with the terms of the Letter of Credit, the form, accuracy, genuineness or legal effect of any contract or document referred to in any document submitted to the Issuing Lender in connection with a Letter of Credit unless the Issuing Lender’s
actions constituted gross negligence; and 
 (xiv) where the Issuing Lender has acted in good faith and observed general
banking usage, any other circumstances whatsoever unless the Issuing Lender’s actions constituted gross negligence. 

(i) The Issuing Lender shall be entitled to the protection accorded to the Agent pursuant to Section 10.6, with all
necessary changes. 
 (j) The Uniform Customs and Practice for Documentary Credits, as published in its most current version
by the International Chamber of Commerce, shall be deemed a part of this Section and shall apply to all Letters of Credit to the extent not inconsistent with applicable Law. 

(k) 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 Request for Letter of Credit or other agreement entered into by
Borrower and the Issuing Lender related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving
effect to all such increases, whether or not such maximum stated amount is in effect at such time; provided further, that if the amount of a Letter of Credit is revalued at a loss to the Issuing Lender upon drawing, Borrower shall
indemnify the Issuing Lender for such loss. 
 (l) If the Maturity Date in respect of any tranche of Revolving Commitments
occurs prior to the expiration of any Letter of Credit (such maturity date, the “Earlier Revolving Commitment Maturity Date”), then (i) on such Earlier Revolving Commitment Maturity Date, if one or more other tranches of
Revolving Commitments in respect of which the Maturity Date 

  
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shall not have occurred are then in effect, such Letters of Credit shall automatically be deemed to have been issued (including for purposes of the obligations of the Revolving Lenders to
purchase participations therein and to make Revolving Loans and payments in respect thereof pursuant to Section 2.4(c)) under (and ratably participated in by Revolving Lenders pursuant to) the Revolving Commitments in respect of such
non-terminating tranches up to an aggregate amount not to exceed the aggregate principal amount of the unutilized Revolving Commitments thereunder at such time (it being understood that no partial face amount of any Letter of Credit may be so
reallocated) and (ii) to the extent not reallocated pursuant to the immediately preceding clause (i), Borrower shall Cash Collateralize any such Letter of Credit. Except to the extent of reallocations of participations pursuant to clause
(i) of the immediately preceding sentence, the occurrence of a Maturity Date with respect to a given tranche of Revolving Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Revolving Lenders in
any Letter of Credit issued before such Maturity Date. 
 (m) After giving effect to Section 2.10(a)(4), the
Issuing Lender shall not be under any obligation to issue any Letter of Credit if any Revolving Lender is at that time a Defaulting Lender, unless the Issuing Lender has entered into arrangements, including the delivery of Cash Collateral,
satisfactory to the Issuing Lender (in its sole discretion) with Borrower or such Defaulting Lender to eliminate the Issuing Lender’s actual or potential Fronting Exposure with respect to the Defaulting Lender arising from either the Letter of
Credit then proposed to be issued or the Letter of Credit and all other L/C Obligations as to which the Issuing Lender has actual or potential Fronting Exposure, as it may elect in its sole discretion. 

(n) Borrower may request that any Letter of Credit permitted to be issued under this Section 2.4 shall be
denominated in a Permitted Foreign Currency; provided that (i) the aggregate maximum amount of all outstanding Letters of Credit, including the Dollar Equivalent of the aggregate maximum amount of such Foreign Currency Letter of Credit
and all other outstanding Foreign Currency Letters of Credit, shall not exceed the Letter of Credit Sublimit and (ii) the Issuing Lender of such Letter of Credit shall have consented to such Permitted Foreign Currency. With respect to any
Foreign Currency Letter of Credit requested hereunder, in addition to the information required elsewhere in this Section 2.4, Borrower shall set forth in the Request for Letter of Credit therefor (i) the Permitted Foreign Currency
to be applicable to such Letter of Credit and (ii) its calculation of the usage as of such date of the Letter of Credit Sublimit (broken down by Letter of Credit, including each Foreign Currency Letter of Credit, and otherwise in form and
detail acceptable to the Agent and the Issuing Lender). 
 With respect to each Foreign Currency Letter of Credit, the
Issuing Lender thereof shall determine, and provide written notice to the Agent and Borrower of, the Spot Rate for such Letter of Credit as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of Letters of Credit
denominated in Permitted Foreign 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 Borrower hereunder or calculating financial covenants hereunder or except as otherwise provided herein, the applicable amount of any Permitted Foreign Currency for purposes of the Loan
Documents shall be such Dollar Equivalent amount as so determined by the Issuing Lender of such Letter of Credit (written notice of which shall be given by the Issuing Lender to Borrower and the Agent, which notice shall include the calculation
thereof) on the applicable date of determination on the basis of the Spot Rate for the purchase of Dollars with such Permitted Foreign Currency. 

  
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 For the avoidance of doubt, (i) at any time when any Foreign Currency Letter
of Credit shall be outstanding, any calculation under the Loan Documents of “L/C Obligations,” “Outstanding Amount,” or any similar calculation involving the amount of Letters of Credit, shall mean the Dollar Equivalent of such
amount, (ii) all L/C Borrowings shall be denominated in Dollars and (iii) all repayments of drawing on Letters of Credit, including pursuant to Section 2.4(d) shall be made by Borrower in Dollars. 

2.5 Termination or Reduction of Revolving Commitment. 

(a) Optional. Borrower shall have the right, at any time and from time to time, without penalty or charge, upon at least
five (5) Banking Days’ prior written notice by a Responsible Official of Borrower to the Agent, voluntarily to reduce, permanently and irrevocably, in aggregate principal amounts in an integral multiple of $1,000,000 but not less than
$10,000,000, or to terminate, all or a portion of the then undisbursed portion of the Revolving Commitment; provided Borrower shall not terminate or reduce (A) the Revolving Commitment if, after giving effect thereto and to any
concurrent prepayments hereunder, the total Revolving Loans outstanding would exceed the Revolving Commitment, or (B) Letter of Credit Sublimit if, after giving effect thereto, the aggregate amount of Letters of Credit outstanding that is not
fully Cash Collateralized hereunder would exceed the Letter of Credit Sublimit; provided further that (i) Borrower may terminate or reduce separately (I) any portion of the Revolving Credit Facility not constituting an Extended
Revolving Credit Facility and (II) any Extended Revolving Credit Facility as specified in the notice and (ii) no Extended Revolving Credit Facility may be terminated or reduced pursuant to this Section 2.5(a) prior to the
termination of each portion of the Revolving Credit Facility with an earlier Revolving Loan Maturity Date without the prior written consent of each Revolving Lender under each such portion of the Revolving Credit Facility. The Agent shall promptly
notify the Lenders of any reduction or termination of the Revolving Commitment under this Section. 
 (b) Mandatory.
(i) Upon the occurrence of the Revolving Loan Maturity Date applicable to any portion of the Revolving Credit Facility, the Revolving Commitments applicable to such portion shall be automatically and permanently reduced to zero on such date.

 (ii) If after giving effect to any reduction or termination of Revolving Commitments under this Section 2.05,
the Letter of Credit Sublimit exceeds the Revolving Commitment at such time, the Letter of Credit Sublimit shall be automatically reduced by the amount of such excess. 

(c) Application of Commitment Reductions. The Agent will promptly notify the Lenders of any termination or reduction of
the Letter of Credit Sublimit or the Revolving Commitment under this Section 2.5. Upon any reduction of the Revolving Commitments, unless otherwise permitted under this Section 2.5, the Revolving Commitment of each Revolving
Lender shall be reduced by such Lender’s Pro Rata Share of such reduction amount. All fees in respect of the Revolving Commitment accrued until the effective date of any termination of such Revolving Commitment shall be paid on the effective
date of such termination. In connection with the termination or reduction of any portion of the Revolving Credit Facility pursuant to this Section 2.5, Borrower shall prepay the Revolving Loans and L/C Advances of the Revolving Lenders
whose Revolving Commitments have been so terminated or reduced to the extent necessary such that the Revolving Loans and L/C Advances of each Revolving Lender shall not exceed its Pro Rata Share of the Revolving Loans and L/C Advances after giving
effect to such termination or reduction. 

  
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 2.6 Agent’s Right to Assume Funds Available for Advances. Unless the Agent
shall have been notified by any Lender no later than 10:00 a.m. on the Banking Day of the proposed funding by the Agent of any Loan that such Lender does not intend to make available to the Agent such Lender’s portion of the total amount of
such Loan, the Agent may assume that such Lender has made such amount available to the Agent on the date of the Loan and the Agent may, but shall not be obligated to, in reliance upon such assumption, make available to Borrower a corresponding
amount. If the Agent has made funds available to Borrower based on such assumption and such corresponding amount is not in fact made available to the Agent by such Lender, the Agent shall be entitled to recover such corresponding amount on demand
from such Lender. If such Lender does not pay such corresponding amount forthwith upon the Agent’s demand therefor, the Agent promptly shall notify Borrower and Borrower shall pay such corresponding amount to the Agent. The Agent also shall be
entitled to recover from such Lender interest on such corresponding amount in respect of each day from the date such corresponding amount was made available by the Agent to Borrower to the date such corresponding amount is recovered by the Agent, at
a rate per annum equal to the daily Federal Funds Rate. Nothing herein shall be deemed to relieve any Lender from its obligation to fulfill its share of the Commitments or to prejudice any rights which the Agent or Borrower may have against any
Lender as a result of any default by such Lender hereunder. 
 2.7 Collateral. To the extent required in the Security
Agreements, the Secured Obligations shall be secured by a first priority (subject to Liens permitted by Section 6.9) perfected Lien on the Collateral pursuant to the Security Agreements. 

2.8 Increase of Commitment. 

(a) Request for Increase. Borrower may at any time prior to the applicable Maturity Date, so long as, no Event of
Default shall have occurred and be continuing (subject in the case of any New Term Loan Commitments (as defined below) established in connection with a Limited Condition Transaction to Section 1.9), request (i) increases of the
Revolving Commitment (any such increase, the “New Revolving Commitments”) and/or (ii) the establishment of one or more new term loan commitments (the “New Term Loan Commitments” and, together with the New
Revolving Commitments, the “New Commitments”) by notice to the Agent in writing of the amount of such proposed increase (such notice, a “Commitment Increase Notice”) (which shall promptly notify the Lenders being
requested); provided, however, that any such request pursuant to a Commitment Increase Notice (x) shall be in the minimum amount of $10,000,000 and the aggregate principal amount of New Commitments on and after the Closing Date
shall not exceed the New Commitment Cap and (y) may only be exercised five (5) times by Borrower during the term of this Agreement. Each such notice shall specify (A) the date (each, an “Increased Amount Date”) on
which Borrower proposes that the New Revolving Commitments or New Term Loan Commitments, as applicable, shall be effective, which shall be a date not less than 10 Banking Days after the date on which such notice is delivered to the Agent (or such
lesser period of time as may be agreed to by the Agent) and (B) the identity of each Lender or other Person that is an Eligible Assignee (each, a “New Revolving Loan Lender” or “New Term Loan Lender”, as
applicable) to whom Borrower proposes any portion of such New Revolving Commitments or New Term Loan Commitments, as applicable, be allocated and the amounts of such allocations (but no Lender is obligated to accept such allocation); provided
that Borrower may, in its sole discretion, offer to any existing Lender the opportunity to participate in all or a portion of any such New Commitments and any such Lender approached to provide all or a portion of the New Commitments may elect or
decline, in its sole discretion, to provide a New Commitment. 
 (b) New Revolving Commitments. Each requested
existing Revolving Lender shall notify the Agent in writing whether or not it agrees to increase its Revolving Commitment and, if it so agrees, provide the Agent prior to the Increased Amount Date with a copy of an increased

  
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commitment letter executed by such Lender and Borrower, substantially in the form of Exhibit H attached hereto. Each New Revolving Loan Lender that is not an existing Revolving Lender
shall become a Lender pursuant to a joinder agreement substantially in the form attached as Exhibit I hereto or otherwise in form and substance satisfactory to the Agent; provided that the commitment of each such New Revolving Loan
Lender shall be in a minimum amount of $10,000,000. The terms and provisions of the loans made pursuant to such New Revolving Commitments shall be identical to the existing Revolving Loans. The Agent shall promptly notify Borrower and the Revolving
Lenders, including each New Revolving Loan Lender, as applicable, in writing of the final allocation of such increase and the Increased Amount Date and shall provide to such parties a revised Schedule 1.1 reflecting the final allocation of
such increase. 
 (c) New Term Loan Commitment. The New Term Loan Commitments shall be effected pursuant to a New Term
Facility Supplement executed and delivered by Borrower, the New Term Loan Lenders and Agent, each of which shall be recorded in the Register, and upon the effectiveness of such New Term Facility Supplement each such New Term Loan Lender shall become
a Lender for all purposes and to the same extent as if originally a party hereto and shall be bound by and entitled to the benefits of this Agreement. The terms and provisions of each New Term Facility (including, subject to the following proviso,
pricing terms and yield protection, if any) shall be set forth in the New Term Facility Supplement; provided that (i) the applicable maturity date of each Series shall be no shorter than the latest Revolving Loan Maturity Date,
(ii) the Weighted Average Yield applicable to the New Term Loans of each Series shall be determined by Borrower and the applicable New Term Loan Lenders and shall be set forth in each applicable New Term Facility Supplement and (iii) if
such New Term Loan is a term loan B, such New Term Loan shall have terms that are consistent with current market terms for term loan Bs, as determined by Borrower in good faith. Each New Term Facility Supplement may, without the consent of any other
Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary, in the opinion of the Agent to effect the provision of this Section 2.8 and the Lenders hereto further agree that the New Term Lenders
party to any New Term Facility Supplement may, from time to time, make amendments to such New Term Facility Supplement without the consent of any other Lenders so long as such New Term Facility Supplement, as amended, complies with the terms set
forth in this Section 2.8. 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. On any Increased Amount Date on
which any New Term Loan Commitments of any Series are effective, subject to the satisfaction of the terms and conditions set forth in this Section 2.8(c) and Section 2.8(d), (i) each New Term Loan Lender of any Series
shall make a loan to Borrower (a “New Term Loan”) in an amount equal to its New Term Loan Commitment of such Series, and (ii) 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. 
 (d) Conditions to
Effectiveness of Increase. Such New Commitments shall become effective, as of such Increased Amount Date; provided that (1) both before and after giving effect to the making of any Series of New Term Loans or Revolving Loans with
respect to the New Revolving Commitments, each of the conditions set forth in Section 8.2 shall be satisfied (provided that in the case of any New Term Loan Commitments, the proceeds of which are being used to finance a Limited Condition
Transaction, (i) the satisfaction of such conditions shall be subject to Section 1.9, (ii) no Event of Default under Section 9.1(a), 9.1(b) or 9.1(j) shall exist at the time of, or would result
therefrom, the making of such New Term Loan and (iii) in the case of Section 8.2(a) and 8.2(b), such representations and warranties shall be limited to customary “specified representations” to the extent agreed to
by Lenders providing such New Term Loan Commitments) and the Agent shall have received legal opinions, board resolutions and other 

  
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closing certificates reasonably requested by the Agent and consistent with those delivered on the Closing Date under Section 8.1 and such other conditions as the parties thereto shall
agree (provided that in the case of any New Term Loan Commitments established in connection with a Limited Condition Transaction, the satisfaction of such documentary conditions shall be limited by customary “SunGard” provisions to the
extent agreed to by Lenders providing such New Term Loan Commitments) and (2) if, on the Increased Amount Date with respect to any New Revolving Commitments, there are any Revolving Loans outstanding, such Revolving Loans shall on effectiveness
of such New Revolving Commitments be prepaid from the proceeds of additional Revolving Loans made hereunder (reflecting such increase in Revolving Commitments), which prepayment shall be accompanied by accrued interest on the Revolving Loans being
prepaid and any costs incurred by any Lender in accordance with Section 3.6(e). On any date on which New Revolving Commitments are increased, subject to the satisfaction of the foregoing terms and conditions, (i) each of the
Revolving Lenders (including the New Revolving Loan Lenders, if any) shall make such assignments of Revolving Loans outstanding on such date as shall be necessary in order that, after giving effect to all such assignments, such Revolving Loans will
be held by the Revolving Lenders ratably in accordance with their Revolving Commitments after giving effect to such New Revolving Commitments hereunder, (ii) each New Revolving Commitment shall be deemed for all purposes a “Revolving
Commitment” and each loan made thereunder shall be deemed, for all purposes, a “Revolving Loan”, (iii) each New Revolving Loan Lender shall become a “Lender” with respect to the New Revolving Commitment and all matters
relating thereto and (iv) and Borrower shall compensate each existing Lender who shall have assigned any portion of any Eurodollar Rate Loans previously held by such Lender compensation in the amount that would have been payable to such Lender
under Section 3.6(e) hereof had Borrower made a prepayment of such Eurodollar Rate Loans by an amount equal to such assigned portion thereof. Upon any increase in the Revolving Commitment pursuant to this Section 2.8,
Schedule 1.1 shall be deemed amended to reflect such new Revolving Commitment and Pro Rata Share of each Lender (including any New Revolving Loan Lender), as thereby increased or decreased, as appropriate. 

2.9 Swing Line Advances. 

(a) Commitment. Subject to the terms and conditions set forth in this Agreement (including without limitation the
provisions of this Section 2.9), Swing Line Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.9, agrees to make one or more Advances (each such advance being a “Swing Line
Advance”) to Borrower from time to time on any Banking Day during the period from the Closing Date until (but excluding) the Revolving Loan Maturity Date applicable to the Swing Line Lender in an aggregate amount not to exceed at any one
time outstanding the Swing Line Maximum Amount. Subject to the terms set forth herein, advances, repayments and readvances may be made under the Swing Line. Swing Line Advances requested by Borrower not later than 10:00 a.m. on a Banking Day shall
be made by Swing Line Lender on such day. Swing Line Advances requested by Borrower after 10:00 a.m. on a Banking Day shall be made by Swing Line Lender as soon as possible, but no later than the following Banking Day. 

(b) Accrual of Interest and Maturity; Evidence of Indebtedness. 

(i) Swing Line Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of
Borrower to Swing Line Lender resulting from each Swing Line Advance from time to time, including the amount and date of each Swing Line Advance, its Applicable Interest Rate, and the amount and date of any repayment made on any Swing

  
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Line Advance from time to time. The entries made in such account or accounts of Swing Line Lender shall be prima facie evidence, absent manifest error, of the existence and amounts of the
obligations of Borrower therein recorded; provided, however, that the failure of Swing Line Lender to maintain such account, as applicable, or any error therein, shall not in any manner affect the obligation of Borrower to repay the
Swing Line Advances (and all other amounts owing with respect thereto) in accordance with the terms of this Agreement. Solely for the purposes of this Section 2.9 with respect to Swing Line Advances, “Applicable Interest
Rate” means, as of any date of determination, the Alternate Base Rate plus the Applicable Margin. 
 (ii) Borrower
agrees that, upon the written request of Swing Line Lender, Borrower will execute and deliver to Swing Line Lender a Swing Line Note. 

(iii) Borrower unconditionally promises to pay to the Swing Line Lender the then unpaid principal amount of such Swing Line
Advance (plus all accrued and unpaid interest) on the Revolving Loan Maturity Date applicable to the Swing Line Lender and on such other dates and in such other amounts as may be required from time to time pursuant to this Agreement. Subject to the
terms and conditions hereof, each Swing Line Advance shall, from time to time after the date of such Advance (until paid), bear interest at its Applicable Interest Rate. 

(c) Refunding of or Participation Interest in Swing Line Advances. 

(i) The Agent, at any time in its sole and absolute discretion, may, in each case on behalf of Borrower (which hereby
irrevocably directs the Agent to act on their behalf) request each of the Revolving Lenders (including the Swing Line Lender in its capacity as a Lender) to make an Advance of the Revolving Loan to Borrower, in an amount equal to such Lender’s
Pro Rata Share of the Revolving Commitment of the aggregate principal amount of the Swing Line Advances outstanding on the date such notice is given (the “Refunded Swing Line Advances”). The applicable Revolving Loan Advances used
to refund any Swing Line Advances shall be Alternate Base Rate Advances. In connection with the making of any such Refunded Swing Line Advances or the purchase of a participation interest in Swing Line Advances under Section 2.9(c)(ii),
the Swing Line Lender shall retain its claim against Borrower for any unpaid interest or fees in respect thereof accrued to the date of such refunding. Unless any of the events described in Section 9.1(j) shall have occurred (in which
event the procedures of Section 2.9(c)(ii) shall apply) and regardless of whether the conditions precedent set forth in this Agreement to the making of a Revolving Loan Advance are then satisfied (but subject to
Section 2.9(c)(iii)), each Revolving Lender shall make the proceeds of its Revolving Loan Advance available to the Agent for the benefit of the Swing Line Lender at the office of the Agent specified in Section 2.1(c) prior to
12:00 p.m. on the Banking Day next succeeding the date such notice is given (which must be a Banking Day), in immediately available funds. The proceeds of such Revolving Loan Advances shall be immediately applied to repay the Refunded Swing Line
Advances. 
 (ii) If, prior to the making of an Advance of the Revolving Loan pursuant to Section 2.9(c)(i), one
of the events described in Section 9.1(j) shall 

  
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have occurred, each Revolving Lender will, on the date such Advance of the Revolving Loan was to have been made, purchase from the Swing Line Lender an undivided participating interest in each
Swing Line Advance that was to have been refunded in an amount equal to its Pro Rata Share of the Revolving Commitment of such Swing Line Advance. Each Revolving Lender within the time periods specified in Section 2.9(c)(i), as
applicable, shall immediately transfer to the Agent, for the benefit of the Swing Line Lender, in immediately available funds, an amount equal to its Pro Rata Share of the Revolving Commitment of the aggregate principal amount of all Swing Line
Advances outstanding as of such date. Upon receipt thereof, the Agent will deliver to such Lender documentation evidencing such participation. 

(iii) Each Revolving Lender’s obligation to make Revolving Loan Advances to refund Swing Line Advances, and to purchase
participation interests, in accordance with Sections 2.9(c)(i) and (ii), respectively, shall be absolute and unconditional and shall not be affected by any circumstance, including, without limitation, (A) any set-off,
counterclaim, recoupment, defense or other right which such Lender may have against Swing Line Lender, Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of any Default or Event of Default; (C) any
adverse change in the condition (financial or otherwise) of Borrower or any other Person; (D) any breach of this Agreement or any other Loan Document by Borrower or any other Person; (E) any inability of Borrower to satisfy the conditions
precedent to borrowing set forth in this Agreement on the date upon which such Revolving Loan Advance is to be made or such participating interest is to be purchased; (F) the termination of the Revolving Commitment hereunder; or (G) any
other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. If any Revolving Lender does not make available to the Agent the amount required pursuant to Section 2.9(c)(i) or (ii), as the case
may be, the Agent on behalf of the Swing Line Lender, shall be entitled to recover such amount on demand from such Lender, together with interest thereon for each day from the date of non-payment until such amount is paid in full (x) for the
first two (2) Banking Days such amount remains unpaid, at the Federal Funds Effective Rate and (y) thereafter, at the rate of interest then applicable to such Swing Line Advances. The obligation of any Revolving Lender to make available
its pro rata portion of the amounts required pursuant to Section 2.9(c)(i) or (ii) shall not be affected by the failure of any other Lender to make such amounts available, and no Lender shall have any liability to Borrower,
any Subsidiary Guarantor, the Agent, the Swing Line Lender, or any other Lender or any other party for another Lender’s failure to make available the amounts required under Section 2.9(c)(i) or (ii). 

(iv) Notwithstanding the foregoing, no Revolving Lender shall be required to make any Revolving Loan Advance to refund a Swing
Line Advance or to purchase a participation in a Swing Line Advance if at least two (2) Banking Days prior to the making of such Swing Line Advance by the Swing Line Lender, the officers of the Swing Line Lender immediately responsible for
matters concerning this Agreement shall have received written notice from the Agent or any Revolving Lender that Swing Line Advances should be suspended based on the occurrence and continuance of a Default or Event of Default and stating that such
notice is a “notice of default”; provided, however, that the obligation of the Revolving Lenders to make such Revolving Loan Advances (or 

  
 56 

 
purchase such participations) shall be reinstated upon the date on which such Default or Event of Default has been waived by the requisite Lenders. In the event that the Swing Line Lender
receives any such notice, the Swing Line Lender shall have no obligation to fund any Swing Line Advances until such notice is withdrawn by the Agent or such Lender or until the requisite Lenders have waived such Default or Event of Default in
accordance with the terms of this Agreement. 
 (v) Notwithstanding anything to the contrary in this Section 2.9
or elsewhere in this Agreement, the Swing Line Lender may terminate the Swing Line at any time in its sole discretion. 

(d) Extensions. If a Revolving Loan Maturity Date (the “Earlier Maturity Date”) shall have occurred at
a time when another tranche or tranches of Revolving Commitments is or are in effect with a longer Maturity Date, then, on the Earlier Maturity Date, all then outstanding Swing Line Advances shall be repaid in full (and there shall be no adjustment
to the participations in such Swing Line Advances as a result of the occurrence of the Earlier Maturity Date); provided, however, that if on the occurrence of the Earlier Maturity Date (after giving effect to any repayments of Revolving Loans
and any reallocation of Letter of Credit participations as contemplated in Section 2.4(l)), there shall exist sufficient undrawn amounts under the Extended Revolving Credit Facilities in effect after the occurrence of the Earlier
Maturity Date so that the respective outstanding Swing Line Advances could be incurred pursuant to such Extended Revolving Credit Facilities, then (1) there shall be an automatic adjustment on the Earlier Maturity Date of the risk
participations of the Revolving Lenders under such Extended Revolving Credit Facilities pro rata according to such Lender’s Pro Rata Share of the then applicable Commitments under such Extended Revolving Credit Facilities and such outstanding
Swing Line Advances shall be deemed to have been incurred solely pursuant to the such Commitments and (2) such Swing Line Advances shall not be required to be repaid in full on the Earlier Maturity Date. 

2.10 Defaulting Lenders 

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

(1) 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 Requisite Lenders and Section 11.2. 

(2) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts received by the Agent for the
account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article 9 or otherwise) or received by the Agent from a Defaulting Lender pursuant to Section 11.9 shall be applied at such time or times
as may be determined by the Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the
Issuing Lender or Swing Line Lender hereunder; third, to Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender in accordance with Section 2.11; fourth, as Borrower may request
(so long as no Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed 

  
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to fund its portion thereof as required by this Agreement or any New Term Facility Supplement, as determined by the Agent; fifth, if so determined by the Agent and Borrower, to be held in
a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans under this Agreement or any New Term Facility Supplement and (y) Cash Collateralize
the Issuing Lender’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 2.11; sixth, to the payment of any amounts
owing to the Lenders, the Issuing Lender or Swing Line Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the Issuing Lender or the Swing Line Lender against such Defaulting Lender as a result of such
Defaulting Lender’s breach of its obligations under this Agreement or any New Term Facility Supplement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to Borrower as a result of any
judgment of a court of competent jurisdiction obtained by Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement or any New Term Facility Supplement; 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 Advances 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 Sections 8.1 and 8.2 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 under the applicable Facility without giving effect to Section 2.10(a)(4). Any payments, prepayments
or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.10(a)(2) shall be deemed paid to and redirected by such
Defaulting Lender, and each Lender irrevocably consents hereto. 
 (3) Certain Fees. (A) No Defaulting Lender
shall be entitled to receive any commitment fee under Section 3.3 or under any New Term Facility Supplement for any period during which that Lender is a Defaulting Lender (and Borrower shall not be required to pay any such fee that
otherwise would have been required to have been paid to that Defaulting Lender). 
 (B) Each Defaulting Lender shall be
entitled to receive Letter of Credit fees for any period during which that Lender is a Defaulting Lender only to the extent allocable to its Pro Rata Share of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant
to Section 2.11. 
 (C) With respect to any commitment fee payable under Section 3.3 or any New Term
Facility Supplement or Letter of Credit fees not required to be paid to any Defaulting Lender pursuant to clause (A) or (B) above, 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 Advances that has been reallocated to such Non-Defaulting Lender pursuant to clause (4) below, (y) pay to the Issuing

  
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Lender and Swing Line Lender, as applicable, the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to the Issuing Lender’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. 

(4) Reallocation of Pro Rata Shares to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s
participation in L/C Obligations and Swing Line Advances shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Pro Rata Share (calculated without regard to such Defaulting Lender’s Commitment) but only to the
extent that (x) the conditions set forth in Sections 8.1 and 8.2 are satisfied at the time of such reallocation (and, unless Borrower shall have otherwise notified the Agent at such time, Borrower shall be deemed to have
represented and warranted that such conditions are satisfied at such time), and (y) such reallocation does not cause the aggregate principal amount of Revolving Loans and participations in L/C Obligations and Swing Line Loans of any
Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Commitment. Subject to Section 11.29, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting
Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(5) Cash Collateral, Repayment of Swing Line Loans. If the reallocation described in clause (4) above cannot, or
can only partially, be effected, Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swing Line Loans in an amount equal to the Swing Line Lenders’ Fronting Exposure and
(y) second, Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.11. 

(b) Defaulting Lender Cure. If Borrower, the Agent, the Swing Line Lender and the Issuing Lender agree in writing that a
Lender is no longer a Defaulting Lender, the Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any
Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the 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 Lenders in accordance with their Commitments under the applicable Facility (without giving effect to Section 2.10(a)(4), 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 Borrower while that Lender was a Defaulting Lender; and provided,
further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that
Lender’s having been a Defaulting Lender. 
 (c) New Swing Line Loans/Letters of Credit. So long as any Lender is
a Defaulting Lender, (i) the Swing Line Lender shall not be required to fund any Swing Line Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swing Line Loan and (ii) the Issuing Lender shall
not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. 

  
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 2.11 Cash Collateral. 

(a) Certain Credit Support Events. If (i) the Issuing Lender 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 Revolving Loan Maturity Date, any L/C Obligation for any reason remains outstanding, (iii) Borrower shall be required to provide Cash Collateral
pursuant to Section 9.2, or (iv) there shall exist a Defaulting Lender, Borrower shall immediately (in the case of clause (iii) above) or within one (1) Banking Day (in all other cases) following any request by the Agent
or the Issuing Lender, 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 2.10(a)(4) and any Cash Collateral provided by the Defaulting Lender). 
 (b) Grant of Security
Interest. Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to the Agent, for the benefit of the Agent, the Issuing Lender 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 clause (c) below. If at any time the Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Agent or the Issuing Lender as herein provided, or that the total amount of such Cash
Collateral is less than the Minimum Collateral Amount, Borrower will, promptly upon demand by the Agent, pay or provide to the Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (after giving effect to any Cash
Collateral provided by the Defaulting Lender). All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in accounts with respect to which the Agent has a perfected security interest by control.

 (c) Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral provided
under this Section 2.11, Section 2.4, Section 2.5, Section 2.10 or Section 9.2 in respect of Letters of Credit shall be held and applied to the satisfaction of the specific L/C Obligations,
obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior to any other
application of such property as may be otherwise provided for herein. 
 (d) Termination of Requirement. Cash
Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or other obligations shall no longer be required to be held as Cash Collateral following (i) the elimination of the applicable Fronting Exposure or other
obligations giving rise thereto (including by the termination of Defaulting Lender status of the applicable Lender), or (ii) the determination by the Agent and the Issuing Lender that there exists excess Cash Collateral; provided that,
subject to this Section 2.11, the Person providing Cash Collateral and the Issuing Lender may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations and provided
further that to the extent that such Cash Collateral was provided by Borrower, such Cash Collateral shall remain subject to the security interest granted pursuant to the Loan Documents. 

2.12 Request for Extended Facilities. Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers
(each, an “Extension Offer”) made from time to time by Borrower to all Lenders of New Term Loans with a like Maturity Date (as specified in the applicable New Term Facility Supplement therefor) or all Lenders with Revolving
Commitments with a like Maturity 

  
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Date, in each case on a pro rata basis (based on the Outstanding Amount of the respective Loans or the aggregate amount of the Commitments, as the case may be, with the same Maturity Date) and on
the same terms to each such Lender, Borrower may from time to time offer (but no Lender is obligated to accept such offer) to extend the maturity date, increase the interest rate or fees payable in respect of such Loans and/or Commitments (and
related outstandings) and/or modify the amortization schedule in respect of such Lender’s New Term Loans for any New Term Loans (each, an “Extension”, and each group of Loans or Commitments, as applicable, in each case as so
extended, as well as the original Loans and Commitments (in each case not so extended), being a tranche; any Extended Term Loans shall constitute a separate tranche of Term Loans from the tranche of Term Loans from which they were converted, and any
Extended Revolving Commitments shall constitute a separate tranche of Revolving Commitments from the tranche of Revolving Commitments from which they were converted), all as set forth in greater detail in an Extended Facility Agreement so long as
the terms set forth below are satisfied: 
 (i) (A) no Default or Event of Default shall have occurred and be continuing at
the time an Extension Offer is delivered to the Lenders or at the time of the Extended Facility Closing Date and (B) except for (I) representations and warranties which expressly speak as of a particular date or are no longer true and
correct as a result of a change which is permitted by this Agreement or (II) as disclosed by Borrower and approved in writing by the Requisite Lenders, the representations and warranties contained in Article 4 (other than Sections
4.6 (with respect to the last sentence only) and 4.17) shall be true and correct in all material respects on and as of the date of the Extended Facility Closing Date as though made on that date; 

(ii) except as to interest rates, fees and final maturity, the Revolving Commitment of any Lender (an “Extending
Revolving Lender”) extended pursuant to an Extension (an “Extended Revolving Commitment”), and the related outstandings, shall be a Revolving Commitment (or related Revolving Loan outstandings, as the case may be) with the
same terms as the original Revolving Commitments (and related Revolving Loan outstandings); provided that (x) subject to the provisions of Sections 2.4(l) and 2.9(d) to the extent dealing with Letters of Credit and Swing
Line Advances which mature or expire after a Maturity Date when there exist Extended Revolving Commitments with a longer Maturity Date, all Letters of Credit and Swing Line Advances shall be participated in on a pro rata basis by all Lenders with
Revolving Commitments in accordance with their Pro Rata Share of the aggregate Revolving Commitment (and except as provided in Sections 2.4(l) and 2.9(d), without giving effect to changes thereto on an earlier Maturity Date with
respect to Swing Line Advances and Letters of Credit theretofore incurred or issued) and all borrowings under Revolving Commitments and repayments thereunder shall be made on a pro rata basis (except for (A) payments of interest and fees at
different rates on Extended Revolving Commitments (and related outstandings) and (B) repayments required upon the Maturity Date for the non-extending Revolving Commitments) and (y) at no time shall there be Revolving Commitments hereunder
(including Extended Revolving Commitments and any original Revolving Commitments) which have more than five (5) different Maturity Dates; 

(iii) except as to interest rates, fees, amortization, final maturity date, premium, required prepayment dates and
participation in prepayments, the Term Loans of any Term Loan Lender (an “Extending Term Loan Lender”) extended 

  
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pursuant to any Extension (“Extended Term Loans”) shall have the same terms as the tranche of Term Loans subject to such Extension Offer; 

(iv) the final maturity date for any Extended Term Loans shall be no earlier than the then latest Maturity Date hereunder or
under any existing Extended Facility Agreement and the amortization schedule applicable to such Extended Term Loans for periods prior to the Maturity Date of the Term Loans extended thereby may not be increased from any then existing amortization
schedule applicable to Term Loans; 
 (v) the Weighted Average Life to Maturity of any Extended Term Loans shall be no
shorter than the remaining Weighted Average Life to Maturity of the Term Loans extended thereby; 
 (vi) any Extended Term
Loans may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective Extended Facility
Agreement; 
 (vii) if the aggregate principal amount of applicable Term Loans (calculated on the face amount thereof) or
Revolving Commitments, as the case may be, in respect of which applicable Term Loan Lenders or Revolving Lenders, as the case may be, shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of applicable
Term Loans or Revolving Commitments, as the case may be, offered to be extended by Borrower pursuant to such Extension Offer, then the applicable New Term Loans or Revolving Loans, as the case may be, of the applicable Term Loan Lenders or Revolving
Lenders, as the case may be, shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect to which such Term Loan Lenders or Revolving Lenders, as the case
may be, have accepted such Extension Offer; 
 (viii) all documentation in respect of such Extension shall be consistent
with the foregoing; 
 (ix) any Extended Facility requested by Borrower shall be in a minimum amount of $20,000,000; and

 (x) the Agent and the lenders party thereto shall enter into an Extended Revolving Credit Facility Agreement or an
Extended Term Facility Agreement, as the case may be, and satisfy the conditions precedent set forth therein. 
 Subject to compliance with
the terms of this Section 2.12, the Agent, the Issuing Lender and the Lenders hereby consent to the Extensions and the other transactions contemplated by this Section 2.12 (including, for the avoidance of doubt, payment of
any interest, fees or premium in respect of any Extended Term Loans and/or Extended Revolving Commitments on such terms as may be set forth in the relevant Extended Facility Agreement) and hereby waive the requirements of any provision of this
Agreement (including, without limitation, Sections 3.10, 11.2, 11.10 or any other provisions regarding the sharing of payments) or any other Loan Document that may otherwise prohibit any such Extension or any other transaction
contemplated by this Section 2.12. The Lenders hereto agree that the Extended Facility 

  
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Lenders party to any Extended Facility Agreement may, from time to time, make amendments to such Extended Facility Agreement without the consent of any other Lenders so long as such Extended
Facility Agreement, as amended, complies with the terms set forth in this Section 2.12. 
 ARTICLE 3 

PAYMENTS AND FEES 
 3.1
Principal and Interest. 
 (a) Interest shall be payable on the outstanding daily unpaid principal amount
of each Advance from the date thereof until payment in full is made and shall accrue and be payable at the rates set forth or provided for herein before and after Default, before and after maturity, before and after judgment, and before and after
the commencement of any proceeding under any Debtor Relief Law, with interest on overdue interest at the Default Rate to the fullest extent permitted by applicable Laws. 

(b) Interest accrued on each Alternate Base Rate Loan shall be due and payable on each Quarterly Payment Date; provided
that all accrued and unpaid interest on any Swing Line Advance refunded pursuant to Section 2.9(c), shall be due and payable in full on the date such Advance is refunded or converted. Except as otherwise provided in
Sections 3.1(d) and 3.7, the unpaid principal amount of any Alternate Base Rate Loan shall bear interest at a fluctuating rate per annum equal to the Alternate Base Rate plus the Applicable Margin. Each change in the
interest rate under this Section 3.1(b) due to a change in the Alternate Base Rate shall take effect simultaneously with the corresponding change in the Alternate Base Rate. 

(c) Interest accrued on each Eurodollar Rate Loan shall be due and payable on the last day of the related Eurodollar Period;
provided, however, that if any Eurodollar Period exceeds three (3) months, interest shall be paid on the respective dates that fall every three (3) months after the beginning of such Eurodollar Period. Except as otherwise
provided in Sections 3.1(d) and 3.7, the unpaid principal amount of any Eurodollar Rate Loan shall bear interest at a rate per annum equal to the Eurodollar Rate for that Eurodollar Rate Loan plus the Applicable
Margin. 
 (d) During the existence of an Event of Default, the Loans shall bear interest at a rate per annum equal to the
sum of (i) the interest rate specified in Section 3.1(b) or 3.1(c). whichever is applicable, plus (ii) two (2) percentage points (the “Default Rate”). 

(e) If not sooner paid, the aggregate principal amount of all Loans and Swing Line Advances outstanding shall be payable as
follows: 
 (i) the amount, if any, by which the sum of (a) the Outstanding Amount of all Revolving Loans
plus (b) the Outstanding Amount of the Swing Line Advances plus (c) the Outstanding Amount of all L/C Obligations at any time exceeds the then applicable Revolving Commitment shall be payable immediately; 

(ii) the aggregate Outstanding Amount under all Revolving Loans and all Swing Line Advances shall in any event be payable on
the applicable Revolving Loan Maturity Date; 

  
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 (iii) any New Term Loans shall be payable in the installments and on the
Maturity Date set forth in the applicable New Term Facility Supplement pursuant to which such Loans were made; and 
 (iv)
any Loans subject to an Extended Facility Agreement shall be payable in the installments and on the Maturity Date set forth in the applicable Extended Facility Agreement pursuant to which such Loans were made. 

(f) Outstanding Loans and Advances may, at any time and from time to time, voluntarily be paid or prepaid in whole or in part
without premium or penalty, except that with respect to any voluntary prepayment under this Subsection, (i) any partial prepayment of a Loan (other than a Swing Line Advance) shall be not less than $500,000 and shall be an integral multiple of
$100,000 unless the entire outstanding amount of such Loan is being prepaid, (ii) unless the Swing Line Lender otherwise consents, any partial prepayment of a Swing Line Advance shall be not less than $250,000 and shall be in an integral
multiple of $250,000, (iii) the Agent shall have received written notice of any prepayment by 9:00 a.m. on the date that is one (1) Banking Day before the date of prepayment (which must be a Banking Day) in the case of an Alternate Base
Rate Loan, and, in the case of a Eurodollar Rate Loan, three (3) Banking Days before the date of prepayment, which notice shall identify the date and amount of the prepayment and the Loan(s) being prepaid, (iv) each prepayment of principal
on any Eurodollar Rate Loan shall be accompanied by payment of interest accrued to the date of payment on the amount of principal paid, and (v) any payment or prepayment of all or any part of any Eurodollar Rate Loan on a day other than the
last day of the applicable Eurodollar Period shall be subject to Section 3.6(e). 
 3.2 Closing Date Fees. On the
Closing Date, Borrower shall pay each of the following fees: 
 (a) to the Agent, for the account of each Lender, a one-time
upfront fee, based upon each Lender’s Pro Rata Share of the Revolving Commitment on the Closing Date, as set forth in a separate agreement among Borrower and the Arrangers; provided that any such fees payable for the account of Bank of
America, National Association, shall be paid directly to Bank of America, National Association; and 
 (b) to the Agent, for
the sole account of the Agent, such fees as are set forth in the Agent Fee Letter. 
 3.3 Commitment Fee. From the Closing
Date through the applicable Revolving Loan Maturity Date for each Revolving Lender, Borrower shall pay to the Agent, for the ratable accounts of the Revolving Lenders pro rata according to their Pro Rata Share of the Revolving Commitment, a
commitment fee equal to the Applicable Margin times the average daily amount by which the Revolving Commitment exceeds an amount equal to the sum of (i) aggregate daily outstanding principal amount of all Revolving Loans plus
(ii) the Outstanding Amount of all L/C Obligations, subject to adjustment as provided in Section 2.10. The commitment fee shall be payable quarterly in arrears as of each Quarterly Payment Date within ten (10) days after
receipt by Borrower of an invoice therefor from the Agent. 
 3.4 Letter of Credit Fees. With respect to each Letter of
Credit, Borrower shall pay the following fees (subject to Section 2.10): 
 (a) with respect to the issuance of
each Standby Letter of Credit, (x) to the Agent, for the benefit of the Issuing Lender, an issuance fee of 0.125% of the face amount of such Standby 

  
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Letter of Credit; and (y) for each day during each Pricing Period that a Letter of Credit is outstanding, to the Agent, for the Revolving Lenders ratably, in accordance with their respective
Pro Rata Shares of the Revolving Commitment, a standby letter of credit fee in an amount equal to the Applicable Margin for Eurodollar Rate Loans times the face amount of such Standby Letter of Credit; 

(b) with respect to the issuance of each Commercial Letter of Credit, to the Agent a commercial letter of credit issuance fee
in the amount set forth from time to time as the Issuing Lender’s published scheduled fee for the issuance of commercial letters of credit, which fee the Agent shall promptly pay to the Revolving Lenders ratably, in accordance with their
respective Pro Rata Shares of the Revolving Commitment; and 
 (c) concurrently with each negotiation, drawing or amendment
of each Commercial Letter of Credit, to the Issuing Lender for the sole account of the Issuing Lender, negotiation, drawing and amendment fees in the amounts set forth from time to time as the Issuing Lender’s published scheduled fees for such
services. 
 Each of the fees payable with respect to Letters of Credit under this Section is earned when due and is nonrefundable and,
with respect to Sections 3.4(a) and (b), shall be payable quarterly in arrears. 
 3.5 Increased Commitment
Costs. If any Lender or Issuing Lender shall determine in good faith that any Change in Law, or compliance by such Lender or Issuing Lender (or its Lending Office) or any holding company controlling such Lender or Issuing Lender, with any
request, guideline or directive regarding capital adequacy or liquidity requirements (whether or not having the force of Law) of any central bank or Governmental Agency not imposed as a result of such Lender’s, such Issuing Lender’s or
such holding company’s failure to comply with any other Laws, affects or would affect the amount of capital required or expected to be maintained by such Lender, such Issuing Lender or any holding company controlling such Lender or Issuing
Lender and determines in good faith (taking into consideration such Lender’s, such Issuing Lender’s or such holding company’s policies with respect to capital adequacy or liquidity requirements and such Lender’s or such Issuing
Lender’s desired return on capital) that the amount of such capital is increased, or the rate of return on capital is reduced, as a consequence of its obligations under this Agreement, then, within five (5) Banking Days after demand of
such Lender or such Issuing Lender, Borrower shall pay to such Lender or such Issuing Lender, from time to time as specified in good faith by such Lender or such Issuing Lender, additional amounts sufficient to compensate such Lender or such Issuing
Lender in light of such circumstances, to the extent reasonably allocable to such obligations under this Agreement, provided that Borrower shall not be obligated to pay any such amount unless such Lender or such Issuing Lender is charging
similar amounts to similarly situated Borrowers and provided further that Borrower shall not be obligated to pay any such amount which arose prior to the date which is ninety (90) days preceding the date of such demand or is
attributable to periods prior to the date which is ninety (90) days preceding the date of such demand (except to the extent of any retroactive application of the Change in Law giving rise to such demand). If a Lender or Issuing Lender requests
compensation pursuant to this Section 3.5, Borrower may replace such Lender or such Issuing Lender in accordance with Section 11.26. If any Lender requests compensation pursuant to this Section, such Lender agrees to
designate a different Lending Office if such designation will avoid the need for or reduce the amount of such compensation and will not, in the good faith judgment of such Lender, otherwise be materially disadvantageous to such Lender. 

3.6 Eurodollar Costs and Related Matters. 

(a) In the event that any Governmental Agency imposes on any Lender any reserve or comparable requirement (including any
emergency, supplemental or other reserve) with 

  
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respect to the Eurodollar Obligations of that Lender, Borrower shall pay that Lender within five (5) Banking Days after demand all amounts necessary to compensate such Lender (determined as
though such Lender’s Eurodollar Lending Office had funded 100% of its Eurodollar Rate Advance in the Designated Eurodollar Market) in respect of the imposition of such reserve requirements (provided that Borrower shall not be obligated
to pay any such amount unless such Lender is charging similar amounts to similarly situated Borrowers and provided further that Borrower shall not be obligated to pay any such amount which arose prior to the date which is ninety
(90) days preceding the date of such demand or is attributable to periods prior to the date which is ninety (90) days preceding the date of such demand (except to the extent of any retroactive application of the law, rule, regulation or
guideline (or similar) giving rise to such demand)). The Lender’s determination of such amount shall be conclusive in the absence of manifest error. 

(b) If any Change in Law: 

(1) shall subject any Lender or its Eurodollar Lending Office to any tax, duty or other charge or cost with respect to any
Eurodollar Rate Advance, any Eurodollar Rate Loans or its obligation to make Eurodollar Rate Advances, or shall change the basis of taxation of payments to any Lender attributable to the principal of or interest on any Eurodollar Rate Advance or any
other amounts due under this Agreement in respect of any Eurodollar Rate Advance, any Eurodollar Rate Loans or its obligation to make Eurodollar Rate Advances, excluding, in each case, (i) any Indemnified Taxes (as to which
Section 3.11 shall govern exclusively), and (ii) any Taxes described in clause (a), (c) or (d) of the definition of “Excluded Taxes”; 

(2) shall impose, modify or deem applicable any reserve not applicable or deemed applicable on the date hereof
(including any reserve imposed by the Board of Governors of the Federal Reserve System, special deposit, compulsory loan, insurance charge, capital or similar requirements against assets of, deposits with or for the account of, or credit
extended by, any Lender or its Eurodollar Lending Office); or 
 (3) shall impose on any Lender or its Eurodollar Lending
Office or the Designated Eurodollar Market any other condition affecting any Eurodollar Rate Advance, any Eurodollar Rate Loans, its obligation to make Eurodollar Rate Advances or this Agreement, or shall otherwise affect any of the same; 

and the result of any of the foregoing, as determined in good faith by such Lender, increases the cost to such Lender or its
Eurodollar Lending Office of making or maintaining any Eurodollar Rate Advance or in respect of any Eurodollar Rate Advance, any Eurodollar Rate Loans or its obligation to make Eurodollar Rate Advances or reduces the amount of any sum received or
receivable by such Lender or its Eurodollar Lending Office with respect to any Eurodollar Rate Advance, any Eurodollar Rate Loans or its obligation to make Eurodollar Rate Advances (assuming such Lender’s Eurodollar Lending Office had funded
100% of its Eurodollar Rate Advance in the Designated Eurodollar Market), then, within five (5) Banking Days after demand by such Lender (with a copy to the Agent), Borrower shall pay to such Lender such additional amount or amounts as will
compensate such Lender for such increased cost or reduction (determined as though such Lender’s Eurodollar Lending Office had funded 100% of its Eurodollar Rate Advance in the Designated Eurodollar Market); provided that Borrower shall
not be obligated to pay any such amount unless such Lender is charging similar amounts to similarly situated Borrowers and provided further that Borrower shall not be obligated to pay any such amount which arose prior to the date which
is ninety (90) days preceding the date of such 

  
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demand or is attributable to periods prior to the date which is ninety (90) days preceding the date of such demand (except to the extent of any retroactive application of the law, rule,
regulation or guideline (or similar) giving rise to such demand). A statement of any Lender claiming compensation under this subsection shall be conclusive in the absence of manifest error. If a Lender requests compensation pursuant to this
Section 3.6(b), Borrower may replace such Lender or such Issuing Lender in accordance with Section 11.26. 

(c) If, after the date hereof, any Lender shall, in its good faith opinion, determine that any Law has made it unlawful or
impossible (or that any Governmental Agency has asserted that it is unlawful) for such Lender or its Eurodollar Lending Office to make, maintain or fund its portion of any Eurodollar Rate Loan or to determine or charge interest rates based upon the
Eurodollar Rate, or any Law or Governmental Agency has materially restricted the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the Designated Eurodollar Market, and such Lender shall so notify the Agent, then
(A) such Lender’s obligation to make or continue Eurodollar Rate Advances shall be suspended and (B) if such notice asserts the illegality of such Lender making or maintaining Alternate Base Rate Advances the interest rate on which is
determined by reference to the Eurodollar Rate component of the Alternate Base Rate, the interest rate on which Alternate Base Rate Advances of such Lender, shall, if necessary to avoid such illegality, be determined by the Agent without reference
to the Eurodollar Rate component of the Alternate Base Rate, in each case for the duration of such illegality or impossibility, and the Agent forthwith shall give notice thereof to the other Lenders and Borrower. Upon receipt of such notice,
(I) the outstanding principal amount of such Lender’s Eurodollar Rate Advances, together with accrued interest thereon, automatically shall be converted to Alternate Base Rate Advances (the interest rate on which Alternate Base Rate
Advances of such Lender shall, if necessary to avoid such illegality, be determined by the Agent without reference to the Eurodollar Rate component of the Alternate Base Rate) on either (1) the last day of the Eurodollar Period(s) applicable to
such Eurodollar Rate Advances if such Lender may lawfully continue to maintain and fund such Eurodollar Rate Advances to such day(s) or (2) immediately if such Lender may not lawfully continue to fund and maintain such Eurodollar Rate Advances
to such day(s), provided that in such event the conversion shall not be subject to payment of a prepayment fee under Section 3.6(e) and (II) if such notice asserts the illegality of such Lender determining or charging interest
rates based upon the Eurodollar Rate, the Agent shall during the period of such suspension compute the Alternate Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Agent is advised in writing by
such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Each Lender agrees to endeavor promptly to notify Borrower of any event of which it has actual knowledge, occurring after
the Closing Date, which will cause that Lender to notify the Agent under this Section, and agrees to designate a different Eurodollar Lending Office if such designation will avoid the need for such notice and will not, in the good faith judgment of
such Lender, otherwise be materially disadvantageous to such Lender. In the event that any Lender is unable, for the reasons set forth above, to make, maintain or fund its portion of any Eurodollar Rate Loan, such Lender shall fund such amount as an
Alternate Base Rate Advance for the same period of time, and such amount shall be treated in all respects as an Alternate Base Rate Advance. If a Lender provides a notice pursuant to this Section 3.6(c), Borrower may replace such Lender
or such Issuing Lender in accordance with Section 11.26. Any Lender whose obligation to make Eurodollar Rate Advances has been suspended under this Section shall thereafter promptly notify the Agent and Borrower of any cessation of
the Special Eurodollar Circumstance which gave rise to such suspension. 
 (d) If, with respect to any proposed Eurodollar
Rate Loan or a conversion to or continuation thereof: 

  
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 (1) the Agent reasonably determines that, by reason of circumstances affecting
the Designated Eurodollar Market generally that are beyond the reasonable control of the Lenders, (A) deposits in Dollars (in the applicable amounts) are not being offered to any Lender in the Designated Eurodollar Market for the applicable
Eurodollar Period or (B) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Eurodollar Period with respect to a proposed Eurodollar Rate Loan or in connection with an existing or proposed Alternate
Base Rate Loan (in each case with respect to clause (A), “Impacted Loans”); or 
 (2) the Requisite Lenders
advise the Agent that the Eurodollar Rate as determined by the Agent (i) does not represent the effective pricing to such Lenders for deposits in Dollars in the Designated Eurodollar Market in the relevant amount for the applicable Eurodollar
Period, or (ii) will not adequately and fairly reflect the cost to such Lenders of making the applicable Eurodollar Rate Advances; 

then the Agent forthwith shall give notice thereof to Borrower and the Lenders, whereupon until the Agent notifies Borrower that the
circumstances giving rise to such suspension no longer exist, (x) the obligation of the Lenders to make any future Eurodollar Rate Advances shall be suspended (to the extent of the affected Eurodollar Rate Loans or Eurodollar Periods), and
(y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the Alternate Base Rate, the utilization of the Eurodollar Rate component in determining the Alternate Base Rate shall be
suspended, in each case until the Agent (upon the instruction of the Requisite Lenders) revokes such notice. Upon receipt of such notice, Borrower may revoke any pending request for a borrowing of, conversion to or continuation of Eurodollar Rate
Loans (to the extent of the affected Eurodollar Rate Loans or Eurodollar Periods) or, failing that, will be deemed to have converted such request into a request for a borrowing of Alternate Base Rate Loans in the amount specified therein. 

Notwithstanding the foregoing, if the Agent has made the determination described in clause (d)(1) of this Section, the Agent,
in consultation with 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 (i) the Agent
revokes the notice delivered with respect to the Impacted Loans under this Section, (ii) the Requisite Lenders notify Borrower that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of funding the
Impacted Loans, or (iii) any Lender determines that any Law has made it unlawful, or that any Governmental Agency 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 Agency has imposed material restrictions on the authority of such Lender to do any of the foregoing and
provides the Agent and Borrower written notice thereof. 
 (e) Upon conversion, payment or prepayment of any Eurodollar Rate
Advance (other than as the result of a conversion required under Section 3.6(c)) on a day other than the last day in the applicable Eurodollar Period (whether voluntarily, involuntarily, by reason of acceleration, or otherwise),
or upon the failure of Borrower (for a reason other than the breach by a Lender of its obligation pursuant to Section 2.1(a) to make an Advance) to prepay, borrow, continue or convert on the date or in the amount specified for a
Eurodollar Rate Loan in any Request for Loan after such Request for Loan has become irrevocable, Borrower shall pay to the appropriate Lender within five (5) Banking Days after demand a prepayment fee or failure to borrow fee, as the case

  
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may be (determined as though 100% of the Eurodollar Rate Advance had been funded in the Designated Eurodollar Market) equal to the sum of: 

(1) $250; plus 

(2) the amount, if any, by which (i) the additional interest would have accrued on the amount prepaid or not borrowed at
the Eurodollar Rate plus the Applicable Margin if that amount had remained or been outstanding through the last day of the applicable Eurodollar Period exceeds (ii) the interest that the Lender could recover by placing such amount
on deposit in the Designated Eurodollar Market for a period beginning on the date of the prepayment or failure to borrow and ending on the last day of the applicable Eurodollar Period (or, if no deposit rate quotation is available for such period,
for the most comparable period for which a deposit rate quotation may be obtained); plus 
 (3) all out-of-pocket
expenses incurred by the Lender reasonably attributable to such payment, prepayment or failure to borrow. 
 Each
Lender’s determination of the amount of any prepayment fee payable under this Section shall be conclusive in the absence of manifest error. 

(f) Each Lender agrees to endeavor promptly to notify Borrower of any event of which it has actual knowledge, occurring after
the Closing Date, which will entitle such Lender to compensation pursuant to clause (a) or clause (b) of this Section. If any Lender requests compensation pursuant to clause (a) or clause (b) of this Section, or if any Lender
gives a notice pursuant to clause (c) of this Section, such Lender agrees to designate a different Eurodollar Lending Office if such designation will avoid the need for or reduce the amount of such compensation or would eliminate the
need for the notice pursuant to clause (c) of this Section, as applicable, and will not, in the good faith judgment of such Lender, otherwise be materially disadvantageous to such Lender. Any request for compensation by a Lender under this
Section shall set forth the basis upon which it has been determined that such an amount is due from Borrower, a calculation of the amount due, and a certification that the corresponding costs have been incurred by the Lender. Borrower may
replace such Lender by notifying such Lender, within five (5) Banking Days after demand of such Lender, of Borrower’s intention to replace such Lender and Borrower shall then replace such Lender by causing such Lender to assign its
Commitments to one or more other then-existing Lenders or to another Eligible Assignee reasonably satisfactory to the Agent within forty-five (45) days after demand of such Lender.in accordance with Section 11.26. 

3.7 Late Payments. If any installment of principal or interest or any fee or cost or other amount payable under any Loan
Document to the Agent, the Issuing Lender or any Lender is not paid when due, it shall thereafter bear interest at the Default Rate to the fullest extent permitted by applicable Laws. Accrued and unpaid interest on past due amounts (including,
without limitation, interest on past due interest) shall be compounded monthly, on the last day of each calendar month, to the fullest extent permitted by applicable Laws. 

3.8 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate. 

(a) Computation of Interest and Fees. All computations of interest for Alternate Base Rate Loans (including Alternate
Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days 

  
 69 

 
elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than
if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made; interest shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid. Any Loan that
is repaid on the same day on which it is made shall bear interest for one day. Notwithstanding anything in this Agreement to the contrary, interest in excess of the maximum amount permitted by applicable Laws shall not accrue or be payable hereunder
or under the Notes, and any amount paid as interest hereunder or under the Notes which would otherwise be in excess of such maximum permitted amount shall instead be treated as a payment of principal. 

(b) Financial Statement Adjustments or Restatements. If, as a result of any restatement of or other adjustment to the
financial statements of Borrower and its Restricted Subsidiaries or for any other reason, Borrower, or the Lenders determine that (i) the Total Leverage Ratio as calculated by Borrower as of any applicable date was inaccurate and (ii) a
proper calculation of the Total Leverage Ratio would have resulted in higher pricing for such period, Borrower shall immediately and retroactively be obligated to pay to the Agent for the account of the applicable Lenders or the Issuing Lender, as
the case may be, promptly on demand by the Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to Borrower under the Bankruptcy Code of the United States, automatically and without further action by the
Agent, any Lender or the Issuing Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. This paragraph shall not limit
the rights of the Agent, any Lender or the Issuing Lender, as the case may be, under any other provision of this Agreement to payment of any Secured Obligations hereunder at the Default Rate. Borrower’s obligations under this paragraph shall
survive the termination of the Commitments and the repayment of all other Secured Obligations hereunder. 
 3.9 Non-Banking
Days. If any payment to be made by Borrower or any other Loan Party under any Loan Document shall come due on a day other than a Banking Day, payment shall instead be considered due on the next succeeding Banking Day and the extension of
time shall be reflected in computing interest and fees. 
 3.10 Manner and Treatment of Payments. 

(a) All payments to be made by Borrower shall be made free and clear of and without condition or deduction for any
counterclaim, defense, recoupment or setoff. Each payment hereunder (except as otherwise expressly provided herein) or on the Notes or under any other Loan Document shall be made to the Agent at the Agent’s Office in Dollars for the account of
each of the Lenders or the Agent, as the case may be, in immediately available funds not later than 11:00 a.m. on the day of payment (which must be a Banking Day). All payments received after such time, on any Banking Day, shall be deemed received
on the next succeeding Banking Day. The amount of all payments received by the Agent for the account of each Lender shall be promptly paid by the Agent to the applicable Lender in immediately available funds and, if such payment was received by the
Agent by 11:00 a.m. on a Banking Day and not so made available to the account of a Lender on that Banking Day, the Agent shall reimburse that Lender for the cost to such Lender of funding the amount of such payment at the Federal Funds Rate. All
payments shall be made in lawful money of the United States. 

  
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 (b) Except to the extent provided in Sections 3.5
and 3.6(f), each payment or prepayment on account of any Loan shall be applied pro rata according to the outstanding Advances made by each Lender comprising such Loan. 

(c) Each Lender shall use its best efforts to keep a record (in writing or by an electronic data entry system) of Advances made
by it and payments received by it with respect to each of its Notes. Subject to Section 11.8(c), such record shall, as against Borrower, be presumptive evidence of the amounts owing. Notwithstanding the foregoing sentence, the failure by
any Lender to keep such a record shall not affect Borrower’s obligation to pay the Obligations. 
 3.11 Taxes.

 (a) Issuing Lender. For purposes of this Section 3.11, the term “Lender” includes any Issuing
Lender. 
 (b) Payments Free of Taxes. Any and all payments by or on account of any obligation of Borrower under any
Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. If any applicable law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or
withholding of any Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental
Agency in accordance with applicable law and, if such Tax is an Indemnified Tax, then the sum payable by Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings
applicable to additional sums payable under this Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

(c) Payment of Other Taxes by Borrower. Borrower shall timely pay to the relevant Governmental Agency in accordance with
applicable law, or at the option of the Agent timely reimburse it for the payment of, any Other Taxes. 
 (d)
Indemnification by Borrower. Borrower shall indemnify each Recipient, 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) 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 Agency. A certificate as to the amount of such payment or liability delivered to Borrower by a Lender (with a copy to the Agent), or by the Agent on its own behalf or on behalf of a Lender,
shall be conclusive absent manifest error. 
 (e) Indemnification by the Lenders. Each Lender shall severally
indemnify the Agent within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that Borrower has not already indemnified the Agent for such Indemnified Taxes and without limiting the
obligation of Borrower to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 11.8 relating to the maintenance of a Participant Register and (iii) any Excluded Taxes
attributable to such Lender, in each case, that are payable or paid by the Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were

  
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correctly or legally imposed or asserted by the relevant Governmental Agency. A certificate as to the amount of such payment or liability delivered to any Lender by the Agent shall be conclusive
absent manifest error. Each Lender hereby authorizes the Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Agent to the Lender from any other source against any amount
due to the Agent under this subsection (e). 
 (f) Evidence of Payments. As soon as practicable after any
payment of Taxes by Borrower to a Governmental Agency pursuant to this Section 3.11, Borrower shall deliver to the Agent the original or a certified copy of a receipt issued by such Governmental Agency evidencing such payment, a copy of
the return reporting such payment or other evidence of such payment reasonably satisfactory to the Agent. 
 (g) Status of
Lenders. (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 Borrower and the Agent, at the time or times reasonably requested by
Borrower or the Agent, such properly completed and executed documentation reasonably requested by Borrower or the Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if
reasonably requested by Borrower or the Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by Borrower or the Agent as will enable Borrower or the Agent to determine whether or not such Lender is
subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in
Section 3.11(g)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or
expense or would materially prejudice the legal or commercial position of such Lender. 
 (ii) Without limiting the
generality of the foregoing: 
 (A) any Lender that is a U.S. Person shall deliver to Borrower and the 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 Borrower or the Agent), executed originals of IRS Form W-9 (or successor form) certifying that such Lender is not
subject to U.S. federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do
so, deliver to Borrower and the 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 to the extent it is legally entitled to do so,
from time to time thereafter upon the reasonable request of Borrower or the Agent), whichever of the following is applicable: 

(i) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party
(x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN or W-8BEN-E (or successor form) establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the
“interest” article of 

  
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such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN or W-8BEN-E (or successor form) establishing an exemption from, or reduction
of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(ii) executed originals of IRS Form W-8ECI (or successor form); 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c)
of the Code, (x) a certificate substantially in the form of Exhibit N-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
Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed
originals of IRS Form W-8BEN or W-8BEN-E (or successor form); 
 (iv) to the extent a Foreign Lender is not the beneficial
owner, executed originals of IRS Form W-8IMY (or successor form), accompanied by IRS Form W-8ECI (or successor form), IRS Form W-8BEN or W-8BEN-E (or successor form), a U.S. Tax Compliance Certificate substantially in the form of Exhibit N-2
or Exhibit N-3, IRS Form W-9 (or successor form), and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such
Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit N-4 on behalf of each such direct and indirect partner; or 

(v) in all other cases, executed originals of IRS Form W-8BEN or W-8BEN-E (or successor form). 

(C) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to Borrower and the 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 Borrower or the Agent), executed originals
of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit
Borrower or the 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 Borrower and the Agent at the time or times prescribed by law and at such time or times reasonably requested by Borrower or the Agent such documentation prescribed by applicable law
(including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation 

  
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reasonably requested by Borrower or the Agent as may be necessary for Borrower and the Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such
Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

Each Lender agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any
respect, it shall update such form or certification or promptly notify Borrower and the Agent in writing of its legal inability to do so. 

The Agent shall be subject to this Section 3.11(g), and shall deliver to Borrower any required forms described
above, as if it were a Lender. 
 (h) Treatment of Certain Refunds. If any party 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 pursuant to this Section 3.11 (including by the payment of additional amounts pursuant to this Section 3.11), it shall
pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such
indemnified party and without interest (other than any interest paid by the relevant Governmental Agency with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the
amount paid over pursuant to this paragraph (h) (plus any penalties, interest or other charges imposed by the relevant Governmental Agency) in the event that such indemnified party is required to repay such refund to such Governmental Agency.
Notwithstanding anything to the contrary in this paragraph (h), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (h) the payment of which would place the indemnified party
in a less favorable net after-Tax position than the indemnified party 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 paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to
the indemnifying party or any other Person. 
 (i) Survival. Each party’s obligations under this
Section 3.11 shall survive the resignation or replacement of the Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all Obligations
under any Loan Document. 
 (j) Mitigation. If any Lender requires Borrower to pay any Indemnified Taxes or additional
amounts to any Lender, the Issuing Lender, or any Governmental Agency for the account of any Lender or the Issuing Lender pursuant to this Section 3.11, such Lender or the Issuing Lender, as applicable, agrees (at the request of
Borrower) to use reasonable efforts to designate a different Lending Office if such designation (1) would eliminate or reduce amounts payable pursuant to this Section 3.11, in the future and (2) would not subject such Lender to
any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. If Borrower is required to pay any Indemnified Taxes or additional amounts pursuant to this Section 3.11, Borrower may replace such Lender or
such Issuing Lender in accordance with Section 11.26. 

  
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 3.12 Funding Sources. Nothing in this Agreement shall be deemed to obligate any
Lender to obtain the funds for any Loan or Advance 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 or Advance in any particular place or manner. 

3.13 Failure to Charge Not Subsequent Waiver. Any decision by the Agent or any Lender not to require payment of any interest
(including interest arising under Section 3.7) fee, cost or other amount payable under any Loan Document, or to calculate any amount payable by a particular method, on any occasion shall in no way limit or be deemed a waiver of the
Agent’s or such Lender’s right to require full payment of any interest (including interest arising under Section 3.7), fee, cost or other amount payable under any Loan Document, or to calculate an amount payable by another
method that is not inconsistent with this Agreement, on any other or subsequent occasion. 
 3.14 Agent’s Right to Assume
Payments Will be Made. Unless the Agent shall have been notified by Borrower prior to the date on which any payment to be made by Borrower hereunder is due that Borrower does not intend to remit such payment, the Agent may, in its
discretion, assume that Borrower has remitted such payment when so due and the Agent may, in its discretion and in reliance upon such assumption, make available to each Lender on such payment date an amount equal to such Lender’s or Issuing
Lender’s share of such assumed payment. If Borrower has not in fact remitted such payment to the Agent, each Lender or Issuing Lender, as the case may be, shall forthwith on demand repay to the Agent the amount of such assumed payment made
available to such Lender or Issuing Lender, together with interest thereon in respect of each day from and including the date such amount was made available by the Agent to such Lender to the date such amount is repaid to the Agent at the Federal
Funds Rate. 
 3.15 Fee Determination Detail. The Agent, and any Lender, shall provide reasonable detail to Borrower regarding
the manner in which the amount of any payment to the Agent and the Lenders, or that Lender, under Article 3 has been determined, concurrently with demand for such payment. 

3.16 Survivability. All of Borrower’s obligations under Sections 3.5 and 3.6 shall survive for the ninety
(90) day period following the date on which the Commitments are terminated and all Loans hereunder are fully paid, and Borrower shall remain obligated thereunder for all claims under such Sections made by any Lender to Borrower prior to the
expiration of such period to the extent provided in such Sections. 
 ARTICLE 4 

REPRESENTATIONS AND WARRANTIES 

Borrower represents and warrants to the Lenders that: 

4.1 Existence and Qualification; Power; Compliance With Laws. Borrower is a corporation duly formed, validly existing and in
good standing under the Laws of Delaware. Borrower is duly qualified or registered to transact business and is in good standing in California and each other jurisdiction in which the conduct of its business or the ownership or leasing of its
Properties makes such qualification or registration necessary, except where the failure so to qualify or register and to be in good standing would not constitute a Material Adverse Effect. Borrower has all requisite power and authority to conduct
its business and to own and lease its Properties, except where the failure to have such power and authority would not constitute a Material Adverse Effect. Borrower has the requisite corporate power and authority to execute and deliver each Loan
Document to which it is a party and to perform its Obligations. The chief executive office of Borrower is located in California. Borrower is in compliance 

  
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with all Laws and other legal requirements applicable to its business, has obtained all authorizations, consents, approvals, orders, licenses and permits from, and has accomplished all filings,
registrations and qualifications with, or obtained exemptions from any of the foregoing from, any Governmental Agency that are necessary for the transaction of its business, except where the failure so to comply, obtain authorizations, consents,
approvals, orders, licenses and permits or file, register, qualify or obtain exemptions does not constitute a Material Adverse Effect. 

4.2 Authority; Compliance With Other Agreements and Instruments and Government Regulations. The execution, delivery and
performance by Borrower and the Subsidiary Guarantors (if any) of the Loan Documents to which it is a party have been duly authorized by all necessary corporate or limited liability company action, and do not and will not: 

(a) Require any consent or approval not heretofore obtained of any partner, director, stockholder, security holder or creditor
of such Loan Party; 
 (b) Violate or conflict with any provision of such Loan Party’s certificate of incorporation or
bylaws or equivalent charter documents, as applicable; 
 (c) Result in or require the creation or imposition of any Lien
(other than pursuant to the Loan Documents) or Rights of Others (other than Permitted Encumbrances) upon or with respect to any Property now owned or leased or hereafter acquired by such Loan Party; 

(d) Violate any Requirement of Law applicable to such Loan Party in any respect that constitutes a Material Adverse Effect;

 (e) Result in a breach of or constitute a default under, or cause or permit the acceleration of any obligation owed under,
any indenture or loan or credit agreement or any other Contractual Obligation to which such Loan Party is a party or by which such Loan Party or any of its Property is bound or affected in any respect that constitutes a Material Adverse Effect; and
such Loan Party is not in violation of, or default under, any Requirement of Law or Contractual Obligation, or any indenture, loan or credit agreement described in Section 4.2(e), in any respect that constitutes a Material Adverse
Effect. 
 4.3 No Governmental Approvals Required. Except as previously obtained or made and as provided in
Section 9.2(e), no authorization, consent, approval, order, license or permit from, or filing, registration or qualification with, any Governmental Agency is or will be required to authorize or permit under applicable Laws the execution,
delivery and performance by Borrower or any Subsidiary Guarantor of the Loan Documents to which it is a party (except where the failure to do so does not constitute a Material Adverse Effect). 

4.4 Subsidiaries. 

(a) Schedule 4.4 hereto correctly sets forth the names, form of legal entity, number of shares of capital stock
issued and outstanding (where applicable), number of capital shares owned by Borrower or a Restricted Subsidiary of Borrower (specifying such owner) (where applicable) and jurisdictions of organization of all Restricted Subsidiaries of Borrower as
of the Second Amendment Effective Date and specifies which (if any) thereof as of the Second Amendment Effective Date is a Significant Subsidiary and specifies which (if any) Subsidiaries of Borrower as of the Second Amendment Effective Date are
Unrestricted Subsidiaries. As of the Second Amendment Effective Date, except as described in Schedule 4.4, Borrower does not own any Equity Interest or debt security which is convertible, or exchangeable, for Equity Interest in

  
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any Person. As of the Second Amendment Effective Date, unless otherwise indicated in Schedule 4.4, all of the outstanding Equity Interests of each Restricted Subsidiary are owned of
record and beneficially by Borrower, there are no outstanding options, warrants or other rights to purchase Equity Interests of any such Restricted Subsidiary, and all issued and outstanding Equity Interests that are so owned are duly authorized,
validly issued, fully paid and non-assessable, and were issued in compliance with all applicable state and federal securities and other Laws, and are free and clear of all Liens, except for Liens permitted under Section 6.9. 

(b) Each Restricted Subsidiary listed in Schedule 4.4 is a legal entity of the type described in
Schedule 4.4 duly formed, validly existing and (where applicable) in good standing under the Laws of its jurisdiction of organization, is duly qualified to do business as a foreign organization and is in good standing as such in each
jurisdiction in which the conduct of its business or the ownership or leasing of its Properties makes such qualification necessary (except, in each case, where the failure to be so duly qualified and in good standing does not constitute a
Material Adverse Effect), and has all requisite power and authority to conduct its business and to own and lease its Properties (except where the failure to have such power and authority would not constitute a Material Adverse Effect). 

(c) Each Restricted Subsidiary is in compliance with all Laws and other requirements applicable to its business and has
obtained all authorizations, consents, approvals, orders, licenses, and permits from, and each such Restricted Subsidiary has accomplished all filings, registrations, and qualifications with, or obtained exemptions from any of the foregoing from,
any Governmental Agency that are necessary for the transaction of its business, except where the failure to be in such compliance, obtain such authorizations, consents, approvals, orders, licenses, and permits, accomplish such filings,
registrations, and qualifications, or obtain such exemptions, does not constitute a Material Adverse Effect. 
 4.5 Financial
Statements. Borrower has furnished to the Lenders (a) the audited consolidated financial statements of Borrower for the Fiscal Year ended March 29, 2013, and (b) the unaudited consolidated financial statements of Borrower for
the Fiscal Quarter ended October 4, 2013. The financial statements described in the preceding sentence fairly present in all material respects the consolidated financial condition and results of operations of Borrower as of such dates and
for such periods in conformity in all material respects with GAAP consistently applied, subject, in the case of unaudited financial statements only, to normal year-end accruals and audit adjustments and the absence of footnotes. 

4.6 No Other Liabilities; No Material Adverse Changes. As of the Closing Date, Borrower and its Restricted Subsidiaries do not
have any material liability or material contingent liability required under GAAP to be reflected or disclosed, and not reflected or disclosed, in the balance sheet described in Section 4.5(b), other than liabilities and contingent
liabilities arising in the ordinary course of business since the date of such financial statements. No circumstance or event has occurred that constitutes a Material Adverse Effect since March 29, 2013. 

4.7 Intentionally Deleted. 

4.8 Intangible Assets. Borrower and its Restricted Subsidiaries own, or possess the right to use to the extent necessary in
their respective businesses, all material trademarks, trade names, copyrights, patents, patent rights, computer software, licenses and other Intangible Assets that are used in the conduct of their businesses as now operated, and no such Intangible
Asset, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or Intangible Asset of any other Person to the extent that such conflict constitutes a Material Adverse Effect. Except as set
forth in 

  
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Schedule 4.8, Borrower has not used any trade name, trade style or “dba” during the five year period ending on the Closing Date. 

4.9 Use of Proceeds. The proceeds of the Loans are intended to be and shall be used solely for the purposes set forth in and
permitted by Section 5.9 and not in violation of this Agreement. 
 4.10 Litigation. Except for (a) any
matter fully covered as to subject matter and amount (subject to applicable deductibles and retentions) by insurance for which the insurance carrier has not asserted lack of subject matter coverage or reserved its right to do so, (b) any
matter, or series of related matters, involving a claim against Borrower or any of its Restricted Subsidiaries of less than $25,000,000, (c) matters of an administrative nature not involving a claim or charge against Borrower or any of its
Restricted Subsidiaries and (d) matters set forth in Schedule 4.10, there are no actions, suits, proceedings or investigations pending as to which Borrower or any of its Restricted Subsidiaries have been served or have received
notice against or affecting Borrower or any of its Restricted Subsidiaries or any Property of any of them before any Governmental Agency which could reasonably be expected to have a Material Adverse Effect. 

4.11 Binding Obligations. Each of the Loan Documents to which Borrower and any Subsidiary Guarantor is a party will, when
executed and delivered by such Loan Party, constitute the legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, except as enforcement may be limited by Debtor Relief Laws or
equitable principles relating to the granting of specific performance and other equitable remedies as a matter of judicial discretion. 

4.12 EEA Financial Institutions. No Loan Party is an EEA Financial Institution. 

4.13 ERISA. 

(a) With respect to each Pension Plan: 

(i) such Pension Plan complies in all material respects with ERISA and any other applicable Laws to the extent that
noncompliance constitutes a Material Adverse Effect; 
 (ii) such Pension Plan has not incurred any “accumulated
funding deficiency” (as defined in Section 302 of ERISA) that constitutes a Material Adverse Effect; 
 (iii) no
“reportable event” (as defined in Section 4043 of ERISA, but excluding such events as to which the PBGC has by regulation waived the requirement therein contained that it be notified within thirty days of the occurrence of such event)
has occurred that constitutes a Material Adverse Effect; and 
 (iv) neither Borrower nor any of its Restricted Subsidiaries
has engaged in any non-exempt “prohibited transaction” (as defined in Section 4975 of the Code) that constitutes a Material Adverse Effect. 

  
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 (b) Neither Borrower nor any of its Restricted Subsidiaries has incurred or
expects to incur any withdrawal liability to any Multiemployer Plan that constitutes a Material Adverse Effect. 
 4.14 Regulation U;
Investment Company Act. No part of the proceeds of any Loan hereunder will be used to purchase or carry, or to extend credit to others for the purpose of purchasing or carrying, any Margin Stock in violation of Regulation U. Neither Borrower
nor any of its Restricted Subsidiaries is or is required to be registered as an “investment company” under the Investment Company Act of 1940. 

4.15 Disclosure. No written agreement, documents, certificates, written statements or other correspondence made or executed by a
Senior Officer and delivered, provided or otherwise made available to the Agent, the Issuing Lender or any Lender in connection with this Agreement, or in connection with any Loan, as of the date thereof contained any untrue statement of a material
fact or omitted a material fact necessary to make the statement made not misleading in light of the circumstances existing at the date the statement was made; it being understood and agreed that this representation and warranty shall not apply to
any Projections, pro forma financial information, forecasts or forecast assumptions delivered, provided or otherwise made available to the Agent or any Lender. 

4.16 Tax Liability. Borrower and its Restricted Subsidiaries have filed all federal and state income tax returns and any other
material tax returns which are required to be filed, and have paid, or made provision for the payment of, all taxes with respect to the periods, Property or transactions covered by said returns, or pursuant to any assessment received by Borrower or
any of its Restricted Subsidiaries, except (a) such taxes, if any, as are being contested in good faith by appropriate proceedings and as to which adequate reserves have been established and maintained and (b) immaterial taxes so long as
no material Property of Borrower or any of its Restricted Subsidiaries is at impending risk of being seized, levied upon or forfeited as a result of the non-payment thereof. 

4.17 Projections. As of the Closing Date, to the best knowledge of Borrower, the assumptions set forth in the Projections are
reasonable and consistent with each other and with all facts known to Borrower, and the Projections are reasonably based on such assumptions. Nothing in this Section 4.17 shall be construed as a representation or covenant that the
Projections in fact will be achieved. 
 4.18 Hazardous Materials. Except as described in Schedule 4.18,
(a) neither Borrower nor any of its Restricted Subsidiaries at any time has disposed of, discharged, released or threatened the release of any Hazardous Materials on, from or under the Real Property in violation of any Hazardous Materials Law
that would individually or in the aggregate constitute a Material Adverse Effect, (b) to the best knowledge of Borrower, no condition exists that violates any Hazardous Materials Law affecting any Real Property except for such violations that
would not individually or in the aggregate constitute a Material Adverse Effect, (c) no Real Property or any portion thereof is or has been utilized by Borrower or any of its Restricted Subsidiaries as a site for the manufacture of any
Hazardous Materials in violation of any Hazardous Materials Law and (d) to the extent that any Hazardous Materials are used, generated or stored by Borrower or any of its Restricted Subsidiaries on any Real Property, or transported to or from
such Real Property by Borrower or any of its Restricted Subsidiaries, such use, generation, storage and transportation are in compliance with all Hazardous Materials Laws except for such non-compliance that would not constitute a Material Adverse
Effect or be materially adverse to the interests of the Lenders. 
 4.19 Security Interests. Except as otherwise provided in
the Security Agreements and subject to Section 9.2(e), (a) each Security Agreement will create a valid first priority security interest in the Collateral described therein securing the Secured Obligations (subject only to Liens
permitted by 

  
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Section 6.9 and to such qualifications and exceptions as are contained in the Uniform Commercial Code with respect to the priority of security interests perfected by means other than
the filing of a financing statement or with respect to the creation of security interests in Property to which Division 9 of the Uniform Commercial Code does not apply), and (b) all actions necessary to perfect the security interests so created
have been taken and completed, other than any filings and recordings to be made as of the Closing Date (and upon the making of such filings and recordation the security interests so created shall be perfected). 

4.20 Solvency. After giving effect to this Agreement and the other Loan Documents (including after giving effect to the initial
Advances under this Agreement), Borrower will be Solvent. 
 4.21 Anti-Corruption Laws, AML Laws and Sanctions. Borrower has
implemented and maintains in effect policies and procedures designed to ensure compliance in all material respects by Borrower, its Subsidiaries and their respective directors, officers, employees and agents with AML Laws, Anti-Corruption Laws and
applicable Sanctions, and Borrower, its Subsidiaries and their respective officers and directors and to the knowledge of Borrower its employees and agents, are in compliance with AML Laws, Anti-Corruption Laws and applicable Sanctions in all
material respects and are not knowingly engaged in any activity that would reasonably be expected to result in Borrower being designated as a Sanctioned Person. None of (a) Borrower, any Subsidiary or to the knowledge of Borrower or such
Subsidiary any of their respective directors, officers or employees, or (b) to the knowledge of Borrower, any agent of Borrower or any Subsidiary that will act in direct connection with the credit facility established hereby, is a Sanctioned
Person. No Advance or Letter of Credit, use of proceeds or other transaction contemplated by this Agreement will violate any AML Laws, Anti-Corruption Law or applicable Sanctions. 

4.22 Patriot Act. Borrower is in compliance in all material respects with the disclosure requirements set forth in
Section 11.24. 
 4.23 Communications Licenses. The list on Schedule 4.23 includes all material
Communications Licenses that are held by Borrower and its Restricted Subsidiaries and are necessary for the provision of their consumer satellite broadband service in the United States as of the Closing Date. Other than as specifically set forth on
Schedule 4.23, Borrower and its Restricted Subsidiaries hold all Communications Licenses that they are required to hold for the provision of their consumer broadband service in the United States as of the Closing Date, except for any
Communications Licenses the failure of which to be so held would not reasonably be expected to have a Material Adverse Effect. Each Communications License listed on Schedule 4.23 is in full force and effect, and neither Borrower nor any such
Restricted Subsidiary has received any written notice of proceedings relating to the revocation or adverse modification of any such Communications License listed on Schedule 4.23, except in either case for matters that would not, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect. No event has occurred that, after notice or lapse of time, would reasonably be expected to allow the revocation or adverse modification of any Communications License
listed on Schedule 4.23, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Borrower and its Restricted Subsidiaries have entered into all international frequency coordination
agreements necessary to operate the ViaSat-1 Satellite as currently operated, except to the extent the failure to enter into such agreements, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

ARTICLE 5 
 AFFIRMATIVE
COVENANTS 

  
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 (OTHER THAN INFORMATION AND REPORTING REQUIREMENTS) 

So long as any Advance remains unpaid, or any other Obligation remains unpaid (other than contingent indemnification obligations for which no
claim has been made), or any portion of any Commitment remains in force or any Letter of Credit is outstanding, Borrower shall, and shall cause its Restricted Subsidiaries to: 

5.1 Payment of Taxes and Other Potential Liens. Pay and discharge promptly all taxes, assessments and governmental charges or
levies imposed upon any of them, upon their respective Property or any part thereof and upon their respective income or profits or any part thereof, except that Borrower and its Restricted Subsidiaries shall not be required to pay or cause to be
paid (a) any tax, assessment, charge or levy that is not yet past due, or is being contested in good faith by appropriate proceedings so long as the relevant entity has established and maintains adequate reserves for the payment of the same or
(b) any immaterial tax, assessment, charge or levy so long as no material Property of Borrower or any of its Restricted Subsidiaries is at impending risk of being seized, levied upon or forfeited as a result of the non-payment thereof. 

5.2 Preservation of Existence. Preserve and maintain their respective existences in the jurisdiction of their formation and all
material authorizations, rights, franchises, privileges, consents, approvals, orders, licenses, permits, or registrations from any Governmental Agency that are necessary for the transaction of their respective business and qualify and remain
qualified to transact business in each jurisdiction in which such qualification is necessary in view of their respective business or the ownership or leasing of their respective Properties except in each such case (a) a merger or consolidation
permitted by Section 6.3, a Disposition permitted by Section 6.2 or as otherwise permitted by this Agreement and (b) where the failure to do so would not constitute a Material Adverse Effect. Notwithstanding the
foregoing, Borrower may liquidate, wind up or dissolve any Restricted Subsidiary that does not constitute a Significant Subsidiary if such liquidation, winding up or dissolution would not have a Material Adverse Effect. 

5.3 Maintenance of Properties. Maintain, preserve and protect all of their respective Properties in good order and condition,
subject to wear and tear in the ordinary course of business, and not permit any waste of their respective Properties, except that the failure to maintain, preserve and protect a particular item of Property that is at the end of its useful life or
obsolete or that is not of significant value, either intrinsically or to the operations of Borrower, shall not constitute a violation of this covenant. 

5.4 Maintenance of Insurance 

(a) General. Maintain liability, casualty, workers’ compensation and other insurance (subject to customary
deductibles and retentions) with responsible insurance companies in such amounts and against such risks as is carried by responsible companies engaged in similar businesses and owning similar assets in the general areas in which Borrower and its
Restricted Subsidiaries operate. Schedule 5.4 lists as of the Closing Date all insurance of any nature maintained for current occurrences by Borrower and each of its Restricted Subsidiaries, as well as a summary of the terms of such
insurance. Borrower shall deliver to the Agent endorsements to all of its and its Restricted Subsidiaries’ (a) “All Risk” and business interruption insurance policies naming the Agent, for the benefit of the Agent and the
Lenders, as a loss payee, and (b) general liability and other liability policies naming the Agent, for the benefit of the Agent and the Lenders, as an additional insured. All policies of insurance on real and personal property will include an
endorsement, in form and substance acceptable to the Agent, showing loss payable to the Agent, for the benefit of the Agent and the Lenders, (Form 438 BFU or equivalent) and extra 

  
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expense and business interruption endorsements. Such endorsement, or an independent instrument furnished to the Agent, will provide that the insurer will give at least 10 days’ prior written
notice to the Agent before any such policy or policies of insurance shall be altered or canceled. 
 (b) Satellite
Insurance. 
 (1) Deliver a Certificate of Borrower to the Agent within 120 days after the end of each Fiscal Year
certifying that, subject to Section 5.4(b)(3), Borrower and each other Loan Party have obtained and have in full force and effect: 

(i) with respect to each Covered Satellite for which the risk of loss passes to Borrower or such other Loan Party at or before
launch, launch insurance with respect to each such Covered Satellite covering the launch of such Covered Satellite and a period of time thereafter in an amount not less than the aggregate of the purchase price of such Covered Satellite, the purchase
price of launch services therefor (other than for risks borne by the relevant satellite manufacturer or by the relevant launch services provider pursuant to any launch risk guarantee) and the premium payable for such insurance; provided that such
launch insurance is available for a price, in an amount and on other terms and conditions that are, in the reasonable determination of Borrower, commercially reasonable; and 

(ii) at all times subsequent to the later of (x) initial completion of in-orbit testing and (y) the coverage period
of launch insurance described in clause (1) above, In-Orbit Insurance with respect to such Covered Satellites other than Excluded Satellites in an amount not less than the Aggregate In-Orbit Insurance Amount (with the allocation of such
insurance among such Covered Satellites being in Borrower’s discretion). 
 (2) Insurance policies required by
Section 5.4(b)(1), shall: 
 (i) contain no exclusions other than: 

(A) Acceptable Exclusions, and 

(B) such specific exclusions applicable to the performance of the Covered Satellite being insured as are reasonably acceptable
to Borrower in order to obtain insurance for a price that is, and on other terms and conditions that are, commercially reasonable; 

(ii) provide coverage on an all-risks basis for loss of and damage to the Covered Satellite, subject to the exclusions
specified above; and 
 (iii) name the Agent as an additional insured and loss payee. 

(3) For any Covered Satellite, in lieu of In-Orbit Insurance, Borrower or such Loan Party may, at its option, maintain In-Orbit
Spare Capacity in which event such Covered Satellite (or portion, as applicable) shall be deemed to be insured for the percentage of the Covered Satellite’s (or applicable portion’s) net book value for which

  
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In-Orbit Spare Capacity is available. In the event of any loss, damage or failure affecting a Covered Satellite or the expiration and non-renewal of an insurance policy for a Covered Satellite
resulting from a claim of loss under such policy that causes a failure to comply with Section 5.4(b)(1)(ii), Borrower and the other Loan Parties shall be deemed to be in compliance with Section 5.4(b)(1)(ii) for the 120 days
immediately following such loss, damage or failure or policy expiration or non-renewal, provided that Borrower or such other Loan Party, as the case may be, procures such In-Orbit Insurance or provides such In-Orbit Spare Capacity as necessary to
comply with Section 5.4(b)(1)(ii) within such 120-day period. 
 5.5 Compliance With Laws. Comply with all
Requirements of Law noncompliance with which constitutes a Material Adverse Effect, except that Borrower and its Restricted Subsidiaries need not comply with a Requirement of Law then being contested by any of them in good faith by appropriate
proceedings. Borrower will maintain in effect and enforce policies and procedures designed to ensure compliance in all material respects by Borrower, its Subsidiaries and their respective directors, officers, employees and agents with AML Laws,
Anti-Corruption Laws and applicable Sanctions. 
 5.6 Inspection Rights. Upon reasonable notice, at any time during regular
business hours and as often as reasonably requested (but not so as to materially interfere with the business of Borrower or any of its Restricted Subsidiaries) permit the Agent, the Issuing Lender, or any Lender, or any authorized employee, agent or
representative thereof, at their own cost and expense prior to the occurrence of an Event of Default, to examine, audit and make copies and abstracts from the records and books of account of, and to visit and inspect the Properties of, Borrower and
its Restricted Subsidiaries and to discuss the affairs, finances and accounts of Borrower and its Restricted Subsidiaries with any of their officers, key employees, internal accountants and, following the occurrence of an Event of Default,
independent accountants. The Agent or any Lender, or any authorized employee, agent or representative shall (i) comply with all sign-in procedures for visitors, (ii) observe all general and safety, security, and governmental regulations in
effect at the site, and (iii) observe all rules regarding restricted areas and restricted information as required by the United States Department of Defense. 

5.7 Keeping of Records and Books of Account. Keep adequate records and books of account reflecting all financial transactions in
conformity in all material respects with GAAP, consistently applied, and in conformity in all material respects with all applicable requirements of any Governmental Agency having regulatory jurisdiction over Borrower and its Restricted Subsidiaries.

 5.8 Compliance With Agreements. Promptly and fully comply with all Contractual Obligations to which any one or more of them
is a party, except for any such Contractual Obligations (a) the performance of which would not cause a Default or Event of Default or (b) then being contested by any of them in good faith by appropriate proceedings or (c) if the
failure to comply does not constitute a Material Adverse Effect. 
 5.9 Use of Proceeds. Use the proceeds of all Loans for
working capital, capital expenditures, and any other lawful corporate purposes permitted hereunder, including, without limitation, refinancing or repayment of Indebtedness, Satellite Activities and Permitted Acquisitions; provided that, if, as of
any date of determination, (a) the total amount of Unsubmitted Eligible Invoices of an ECA Borrower exceeds $50,000,000 as of such date, (b) the aggregate principal amount of outstanding Revolving Loans and Swing Line Advances exceeds
$400,000,000 as of such date and (c) the Senior Secured Leverage Ratio, calculated on a Pro Forma Basis after giving effect to any Loan made on such date (including the use of proceeds thereof), exceeds 3.25 to 1.00, Borrower shall not be
permitted to request any Revolving Loans and Swing Line Advances under this Agreement on such date to fund Capital Expenditures of an ECA Borrower that would otherwise be eligible for reimbursement by an ECA

  
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Lender. Use each Letter of Credit for the lawful corporate purposes of Borrower and its Restricted Subsidiaries. 

5.10 Hazardous Materials Laws. Keep and maintain all Real Property and each portion thereof in compliance in all material
respects with all applicable Hazardous Materials Laws, except to the extent that no Material Adverse Effect could reasonably be expected to result therefrom, and promptly notify the Agent in writing (attaching a copy of any pertinent written
material) of (a) any and all material enforcement, cleanup, removal or other governmental or regulatory actions instituted, completed or threatened in writing by a Governmental Agency pursuant to any applicable Hazardous Materials Laws,
(b) any and all material claims made or threatened in writing by any Person against Borrower relating to damage, contribution, cost recovery, compensation, loss or injury resulting from any Hazardous Materials and (c) discovery by any
Senior Officer of Borrower of any material occurrence or condition on any real Property adjoining or in the vicinity of such Real Property that could reasonably be expected to cause such Real Property or any part thereof to be subject to any
material restrictions on the ownership, occupancy, transferability or use of such Real Property under any applicable Hazardous Materials Laws. 

5.11 Designation of Subsidiaries. Borrower may at any time after the Second Amendment Effective Date (a) designate any
Unrestricted Subsidiary as a Restricted Subsidiary and (b) designate any existing or newly acquired or formed Restricted Subsidiary of Borrower as an Unrestricted Subsidiary, unless such Restricted Subsidiary or any of its Subsidiaries owns any
Equity Interests or Indebtedness of, or owns or holds any lien on any property of, any Loan Party or any other Restricted Subsidiary; provided that, (i) immediately before and after giving effect to any such designation, no Event of
Default shall have occurred and be continuing, (ii) Borrower shall be in compliance with the financial covenants set forth in Sections 6.13 and 6.14 (and a certificate of a Senior Officer of Borrower setting forth the related
calculations), and (iii) no Subsidiary may be designated as an Unrestricted Subsidiary if, after giving effect to such designation, it would be a “Restricted Subsidiary”, “guarantor” or “borrower” (or similar
designation) for the purpose of any Indebtedness of Borrower or any of its Restricted Subsidiaries. The designation of any Subsidiary as an Unrestricted Subsidiary after the Second Amendment Effective Date shall constitute an Investment by the
applicable Loan Party or Restricted Subsidiary therein at the date of designation in an amount equal to the fair market value (as reasonably determined in good faith by a Senior Officer of Borrower) of such Loan Party’s or such Restricted
Subsidiary’s (as applicable) Investment therein. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute (i) the incurrence at the time of designation of any Investment, Indebtedness or Liens of such
Subsidiary existing at such time and (ii) a return on any Investment by the applicable Loan Party or Restricted Subsidiary in such Unrestricted Subsidiary in an amount equal to the fair market value (as reasonably determined in good faith by a
Senior Officer of Borrower) at the date of such designation of such Loan Party’s or such Restricted Subsidiary’s (as applicable) Investment in such Subsidiary. Any designation by Borrower pursuant to this Section 5.11 shall be
evidenced to Agent by promptly delivering to Agent a certificate of a Responsible Official of Borrower giving effect to such designation and a certifying that such designation complies with the provisions of this Section 5.11.
Notwithstanding the foregoing, any Unrestricted Subsidiary that has been re-designated as a Restricted Subsidiary may not be subsequently re-designated as an Unrestricted Subsidiary until at least two full Fiscal Quarters have passed since the date
such Unrestricted Subsidiary was re-designated as a Restricted Subsidiary. 
 5.12 Future Restricted Subsidiaries; Additional Security
Documentation. 
 (a) Cause each future Significant Domestic Subsidiary to promptly execute and deliver to the Agent
(x) no later than 10 Banking Days after the first Determination Date (as defined below) following the creation or acquisition of such Significant Domestic Subsidiary or the date on which such Domestic Restricted Subsidiary becomes a Significant
Domestic Subsidiary, or (y) in the case of a Significant Domestic Subsidiary created or acquired in 

  
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connection with a Permitted Acquisition, no later than six (6) months after the consummation of such Permitted Acquisition, in each case (i) the Subsidiary Guaranty, the Subsidiary
Pledge Agreement and the Subsidiary Security Agreement (or appropriate joinders thereto, as applicable), and, as may reasonably be requested by the Agent, landlord/mortgagee waivers (provided that, in the case of landlord/mortgagee waivers, if
Borrower uses commercially reasonable efforts to obtain such waivers from the applicable counterparties thereto, Borrower’s obligations with respect to such waivers under this Section 5.12(a) shall be satisfied), and (ii) an
opinion of counsel from counsel and in form and substance reasonably acceptable to the Agent. 
 (b) Pledge to the Agent
pursuant to the Borrower Pledge Agreement (or, if applicable, a Significant Domestic Subsidiary to pledge to the Agent pursuant to the Subsidiary Pledge Agreement) (x) no later than 10 Banking Days after the first Determination Date (as defined
below) following the creation or acquisition of a first-tier Significant Foreign Subsidiary or a Significant Foreign Subsidiary Holdco or the date on which a first-tier Foreign Restricted Subsidiary becomes a Significant Foreign Subsidiary or a
Foreign Subsidiary Holdco becomes a Significant Foreign Subsidiary Holdco, or (y) in the case of a first-tier Significant Foreign Subsidiary or a Significant Foreign Subsidiary Holdco created or acquired in connection with a Permitted
Acquisition, no later than six (6) months after the consummation of such Permitted Acquisition, in each case (i) 65% of the voting Equity Interests of such first-tier Significant Foreign Subsidiary or such Significant Foreign Subsidiary
Holdco formed or acquired after the Closing Date and (ii) 100% of the non-voting Equity Interests of such first-tier Significant Foreign Subsidiary or such Significant Foreign Subsidiary Holdco. 

(c) In addition to the foregoing, except to the extent set forth in the Borrower Security Agreement, the Borrower Pledge
Agreement, the Subsidiary Pledge Agreement and the Subsidiary Security Agreement, respectively, Borrower, its Significant Domestic Subsidiaries and each Subsidiary Guarantor shall cause such documents and instruments as may be reasonably requested
by the Agent (or any Lender through the Agent) from time to time to be executed and delivered and do such further acts and things as reasonably may be required in order for the Agent, for the benefit of the Lenders, to obtain a fully perfected first
priority Lien on all Collateral, subject to Liens permitted by Section 6.9 and subject to Section 9.2(e). For purposes of this Section 5.12, the “Determination Date” shall be the date of delivery
of the annual financial statements pursuant to Section 7.1(c). 
 (d) In the event that any ECA Borrower or ECA
Guarantor ceases to be party to a Permitted ECA Financing, including due to the repayment of its obligations under such Permitted ECA Financing, and such ECA Borrower or ECA Guarantor is (or would be, but for the fact that it is an ECA Borrower or
ECA Guarantor) a Significant Domestic Subsidiary or a Significant Foreign Subsidiary, Borrower shall comply with this Section 5.12 with respect to such Restricted Subsidiary within 90 calendar days from the date such Restricted
Subsidiary ceases to be a party to a Permitted ECA Financing. 
 5.13 Certain ECA Revenue. Unless the Agent shall otherwise
consent in writing with respect to any Permitted ECA Financing incurred under Section 6.10(m)(i), 100% of the ECA Revenues Amount for each ECA Project financed by a Permitted ECA Financing incurred under Section 6.10(m)(i)
that is then outstanding, to the extent not received by a Loan Party, must be transferred to a Loan Party no later than 60 days following the end of each Fiscal Quarter (or 105 days in the case of the fourth Fiscal Quarter of each Fiscal Year);
provided that, notwithstanding the foregoing, no portion of the ECA Revenues Amount shall be required to be so transferred to a Loan Party if such transfer would be prohibited by applicable Law. Notwithstanding the foregoing, this
Section 5.13 shall not apply to any Specified ECA Project or Specified ECA Financing. 

  
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 For purposes of this Section 5.13, “ECA Revenues Amount” means, with
respect to any applicable ECA Project (excluding any Specified ECA Project) for any Fiscal Quarter, an amount equal to the total subscription revenues received by any ECA Borrower or ECA Guarantor from non-Affiliated third party retail or wholesale
subscribers of their respective satellite broadband services during such Fiscal Quarter to the extent generated from such ECA Project; provided, that, in the event that subscription revenues are generated from more than one ECA Project subject to a
Permitted ECA Financing, the calculation of the ECA Revenues Amounts for such ECA Projects shall be without duplication. 
 ARTICLE 6

 NEGATIVE COVENANTS 

So long as any Advance remains unpaid, or any other Obligation remains unpaid (other than contingent indemnification obligations for which no
claim has been made), or any portion of any Commitments remains in force or any Letter of Credit is outstanding, Borrower shall not, and shall not permit any of its Restricted Subsidiaries (or, in the case of Section 6.15, any of its
Subsidiaries) to, unless the Agent (with the written approval of the Requisite Lenders or, if required by Section 11.2, of all of the Lenders) otherwise consents: 

6.1 Payment of Subordinated Obligations. Pay any (a) principal (including sinking fund payments) or any other amount (other
than scheduled interest payments) with respect to any Subordinated Obligation, or purchase or redeem (or offer to purchase or redeem) any Subordinated Obligation, or deposit any monies, securities or other Property with any trustee or other Person
to provide assurance that the principal or any portion thereof of any Subordinated Obligation will be paid when due or otherwise to provide for the defeasance of any Subordinated Obligation (unless permitted pursuant to an Affiliate Subordination
Agreement), in each case prior to the scheduled maturity thereof or (b) scheduled interest on any Subordinated Obligation unless the payment thereof is then permitted pursuant to the terms of the indenture or other agreement governing such
Subordinated Obligation, in each case, other than (i) in connection with a refinancing, refunding, renewal, exchange or extension of any such Subordinated Obligation to the extent permitted by Section 6.10(f) or
(ii) such payments that are made with the Available Basket Amount so long as both before and after giving effect to such payment on a Pro Forma Basis, (a) no Event of Default exists or would result therefrom and (b) the Senior Secured
Leverage Ratio does not exceed 2.50 to 1.0. 
 6.2 Disposition of Property. Make any Disposition of its Property, whether now
owned or hereafter acquired, except (a) a Disposition by Borrower to a Wholly-Owned Restricted Subsidiary which is a Subsidiary Guarantor, or by a Restricted Subsidiary to Borrower or another Restricted Subsidiary (provided that any Disposition
by a Subsidiary Guarantor must be to another Subsidiary Guarantor or to Borrower), (b) Investments permitted by Section 6.16 to the extent constituting Dispositions, (c) the Disposition of any Equity Interests of (or other
Investments in) any Joint Venture to the extent required by the terms of any agreement governing such Joint Venture, (d) Dispositions of (i) accounts receivable and (ii) collateral securing accounts receivable and guarantees
supporting accounts receivable, in each case set forth in clauses (i) and (ii) as transferred in connection with a receivables financing permitted under Section 6.10(k) (it being agreed that any lien releases to be executed by
the Agent in connection therewith shall be limited to Collateral not exceeding in the aggregate the greater of (i) $25,000,000 and (ii) 12.5% of Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s most recent
Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available and shall otherwise be in form reasonably acceptable to the Agent), (e) Dispositions, of which the fair market value (as
reasonably determined in good faith by a Senior Officer of Borrower), when aggregated with the proceeds of all other Dispositions incurred under this clause (e) within the same 

  
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Fiscal Year, are less than or equal to the greater of (i) $100,000,000 and (ii) an amount equal to 12.5% of Consolidated Total Assets, (f) sales, rentals or leases of satellite
capacity, bandwidth, beams, transponders or threads or other grants of rights of satellite use or of any other portion of a Satellite in the ordinary course of business and (g) the Disposition of any Satellite (other than the ViaSat-1 and
ViaSat-2 Satellites) for fair market value (as reasonably determined in good faith by a Senior Officer of Borrower) to any Person for whom such Satellite was procured that is not an Affiliate of Borrower; provided that in the case of clause
(d), no Event of Default then exists or would result from Dispositions made in connection with any new or extended receivables financing and in the case of clause (e), no Event of Default then exists or would result from such Disposition. 

6.3 Mergers. Merge or consolidate with or into any Person, except (a) mergers and consolidations of a Restricted Subsidiary
of Borrower into Borrower or a Restricted Subsidiary, or of Restricted Subsidiaries with each other, (b) a merger or consolidation of any Restricted Subsidiary of Borrower to the extent in connection with a disposition not prohibited by
Section 6.2 and (c) a merger or consolidation of a Person into Borrower or with or into a Wholly-Owned Restricted Subsidiary of Borrower which constitutes a Permitted Acquisition; provided that, in each case set forth in clauses
(a) and (c) above, (i) Borrower is the surviving entity of any merger to which it is a party, (ii) a Subsidiary Guarantor is the surviving entity of any merger between a non-Subsidiary Guarantor and a Subsidiary Guarantor,
(iii) no Event of Default then exists or would result therefrom and (iv) Borrower and each of the Subsidiary Guarantors execute such amendments to the Loan Documents as the Agent may reasonably determine are appropriate as a result of such
merger in order to preserve the enforceability of the Loan Documents on the parties thereto and their successors, if any, and except to the extent set forth in the Security Agreements, maintain the perfection of the Agent’s Liens on the
Collateral. 
 6.4 Hostile Acquisitions. Use the proceeds of any Loan in connection with the acquisition of part or all of a
voting interest of five percent (5%) or more in any corporation or other business entity if such acquisition is opposed by the board of directors or equivalent governing body of such corporation or business entity. 

6.5 Acquisitions. Make any Acquisition other than a Permitted Acquisition. 

6.6 Distributions. Make any Distribution, whether from capital, income or otherwise, and whether in Cash or other Property if
immediately before and after giving effect to such Distribution, (x) the Senior Secured Leverage Ratio, calculated on a Pro Forma Basis after giving effect to such Distribution, exceeds 2.50 to 1.00 or (y) Liquidity is less than
$50,000,000, except: 
 (a) Distributions by any Restricted Subsidiary to Borrower or to any other Restricted Subsidiary (and
if such Restricted Subsidiary is not a Wholly-Owned Restricted Subsidiary, to the other holders of its Equity Interests, provided that Borrower or such other Restricted Subsidiary receives at least its pro rata share of such Distribution); 

(b) Distributions by any Restricted Subsidiary or Borrower involving the retirement, redemption, purchase or other acquisition
of Equity Interests under any stock option or other equity compensation plan or any other agreement to compensate employees, officers, directors, management or consultants of Borrower or its Restricted Subsidiaries, not to exceed $5,000,000 in the
aggregate in any Fiscal Year; provided that if at the end of the applicable Fiscal Year, Distributions made pursuant to this clause (b) are less than $5,000,000 in the aggregate in such Fiscal Year, then the amount by which
$5,000,000 exceeds the Distributions made in such Fiscal Year pursuant to this clause (b) may be carried forward and included in the aggregate amount of Distributions permitted to be made in succeeding Fiscal Years pursuant to this clause (b);

  
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 (c) stock dividends payable on Common Stock; 

(d) Distributions not to exceed the greater of (i) $10,000,000 in the aggregate in any Fiscal Year and (ii) an amount
equal to 5% of Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s most recent Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available; and 

(e) Distributions made with the Available Basket Amount; provided that, with respect to any Distributions made with the
Available Basket Amount, such Distributions shall only be permitted pursuant to this Section 6.6(e) so long as both immediately before and after giving effect to such payment on a Pro Forma Basis, the Senior Secured Leverage Ratio does
not exceed 3.25 to 1.0 and no Event of Default exists. 
 6.7 ERISA. At any time, (a) permit any Pension Plan to:
(i) engage in any non-exempt “prohibited transaction” (as defined in Section 4975 of the Code); (ii) fail to comply with ERISA or any other applicable Laws; (iii) incur any material “accumulated funding
deficiency” (as defined in Section 302 of ERISA); or (iv) terminate in any manner, which, with respect to each event listed above, could reasonably be expected to result in a Material Adverse Effect or (b) withdraw, completely or
partially, from any Multiemployer Plan if to do so could reasonably be expected to result in a Material Adverse Effect. 
 6.8 Change
in Nature of Business. Engage in any businesses other than the Permitted Business. 
 6.9 Liens. Create, incur, assume
or suffer to exist any Lien of any nature upon or with respect to any of their respective Properties, whether now owned or hereafter acquired, except: 

(a) Liens existing on the Closing Date and disclosed in Schedule 6.9 and any renewals/extensions or amendments thereof,
provided that the obligations secured or benefited thereby are not increased (except as expressly contemplated by the contracts or other instruments governing such Liens, as in effect on the Closing Date); 

(b) Liens in favor of the Agent pursuant to the Security Agreements; 

(c) Permitted Encumbrances; 

(d) Liens on personal property acquired by Borrower or any of its Restricted Subsidiaries that were in existence at the time of
the acquisition of such Property and were not created in contemplation of such acquisition; 
 (e) Liens on real property
acquired by Borrower or any of its Restricted Subsidiaries for use in the business of Borrower or such Restricted Subsidiary; 

(f) Liens on Property or Equity Interests of a Person at the time such Person, as permitted by this Agreement, becomes a
Restricted Subsidiary or is merged or consolidated with or into Borrower or any of its Restricted Subsidiaries; provided, however, that such Liens were in existence at the time such Person became a Restricted Subsidiary or merged or consolidated
with or into Borrower or any of its Restricted Subsidiaries and were not created in contemplation of such event; provided further, however, that any such Lien may not extend to any other property owned by Borrower or any other Restricted Subsidiary
thereof; 

  
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 (g) Liens securing Indebtedness permitted by Section 6.10(d);
provided, that (i) any such Lien shall attach only to the Property, insurance or services purchased or otherwise leased, constructed, installed, improved, designed, repaired or maintained, and any insurance, licenses, permits,
authorizations and construction or launch contracts relating thereto, and (ii) any such Lien shall be created concurrently with or within twelve (12) months following the acquisition of such Property, insurance or services; 

(h) Liens securing obligations of Borrower or any of its Restricted Subsidiaries under any Secured Hedging Agreement; 

(i) Liens securing Indebtedness permitted under Section 6.10(k); 

(j) Liens encumbering (i) ECA Assets securing Permitted ECA Financings and (ii) assets of Foreign Restricted
Subsidiaries securing Indebtedness permitted under Section 6.10(m)(ii); 
 (k) Liens securing Indebtedness or
other obligations in an aggregate principal amount at any time outstanding not to exceed the greater of (i) $50,000,000 and (ii) an amount equal to 2.5% of the Consolidated Total Assets as of Borrower’s most recent Fiscal Quarter end
for which financial statements prepared on a consolidated basis in accordance with GAAP are available; provided that the aggregate amount of Indebtedness and other obligations secured by Liens on Collateral shall not exceed $25,000,000 at any
time outstanding (and, at the election of Borrower, any Liens described in this proviso may consist of pledges or deposits of Cash or Cash Equivalents to secure obligations in respect of letters of credit, bank guarantees and Hedging Agreements
permitted under Section 6.20 and may be pari passu with or junior to the Liens on such Collateral in favor of the Agent so long as such Liens are subject to an intercreditor agreement reasonably acceptable to the Agent); and 

(l)(i) Liens on assets of ViaSat Technologies Limited securing Indebtedness permitted by Section 6.10(q) and
(ii) Liens on the Equity Interests in ViaSat Technologies Limited and any dividends, stocks, shares, warrants, securities, rights, monies or other property accruing on or that constitute proceeds of such Equity Interests securing
Borrower’s Guaranty Obligations with respect to the Indebtedness of ViaSat Technologies Limited permitted by Section 6.10(q). 

6.10 Indebtedness and Guaranty Obligations. Create, incur or assume any Indebtedness or Guaranty Obligation except: 

(a) Indebtedness and Guaranty Obligations existing on the Closing Date and disclosed in Schedule 6.10, and refinancings,
renewals, extensions or amendments that do not increase the amount thereof (except by an amount no greater than the sum of unpaid accrued interest thereon, any premium reasonably determined to be necessary to accomplish such transaction, any
original issue discount on such refinancing, renewing, extending or replacement Indebtedness, and reasonable fees and expenses incurred in connection with the foregoing); 

(b) Indebtedness and Guaranty Obligations under the Loan Documents; 

(c) Subject to compliance with Section 6.16, unsecured Indebtedness (and unsecured Guaranty Obligations with
respect thereto) of any Restricted Subsidiary to Borrower or to any other Restricted Subsidiary, or of Borrower to any Restricted Subsidiary; 

  
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 (d) Indebtedness consisting of (i) Capital Lease Obligations or
(ii) otherwise incurred to finance all or any part of (X) the purchase, lease, construction, installation or improvement of any Property (including, without limitation, any satellites or related gateway facilities, earth stations and other
ground infrastructure), (Y) the design, repair or maintenance of any Satellite Project (including, without limitation, any satellites or related gateway facilities, earth stations and other ground infrastructure) or (Z) satellite launch or
in-orbit insurance premiums or launch services (so long as, in the case of this clause (ii) (A) the Indebtedness incurred therewith shall not exceed one hundred percent (100%) of the price or cost of the purchase, lease, construction,
installation, improvement, design, repair or maintenance of such Property or such premiums or launch services, as applicable, and (B) such Indebtedness shall be incurred concurrently with or within twelve (12) months following the
purchase, lease, construction, installation, improvement, design, repair or maintenance of such Property or incurrence of such premiums or launch services, as applicable), and any refinancings, renewals, extensions or amendments of such Indebtedness
under clause (i) or (ii) that do not increase the amount thereof (except by an amount no greater than the sum of unpaid accrued interest thereon, any premium reasonably determined to be necessary to accomplish such transaction, any
original issue discount on such refinancing, renewing, extending or replacement Indebtedness, and reasonable fees and expenses incurred in connection with the foregoing); provided that, in the case of any Indebtedness incurred under this
clause (d), if immediately before or after giving effect to the incurrence of any such Indebtedness, the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness and the application of
the proceeds therefrom) is greater than 3.25 to 1.00, the outstanding principal amount of such Indebtedness incurred at a time when the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such
Indebtedness and the application of the proceeds therefrom) is greater than 3.25 to 1.00, shall not exceed the sum of (x) $50,000,000 plus (y) 10% of Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s
most recent Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available; 

(e) Indebtedness incurred to finance the purchase, construction or improvement of real property used in the business of
Borrower or any of its Restricted Subsidiaries; 
 (f) Subordinated Obligations, and any Permitted Refinancing Indebtedness
in respect thereof; 
 (g) Indebtedness under Hedging Agreements permitted under Section 6.20; 

(h) Subject to compliance with Section 6.16, unsecured Guaranty Obligations in support of the obligations of a
Wholly-Owned Subsidiary or a Joint Venture; provided that such obligations of a Wholly-Owned Subsidiary or a Joint Venture are not prohibited by this Agreement; 

(i) Indebtedness of a Person acquired in a Permitted Acquisition which is outstanding at the time of such acquisition (other
than Indebtedness incurred solely in contemplation of such acquisition); 
 (j) Indebtedness or Guaranty Obligations incurred
in connection with Investments permitted under clause (m) of Section 6.16; 

  
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 (k) Indebtedness incurred by Borrower or any Restricted Subsidiary arising from
the factoring or securitizing of accounts receivable in the ordinary course of business in an aggregate principal amount outstanding at any one time not to exceed the greater of (i) $25,000,000 and (ii) 12.5% of Borrower’s
consolidated trailing twelve month EBITDA as of Borrower’s most recent Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available; 

(l) Permitted Additional Indebtedness; 

(m) Indebtedness of (i) any ECA Borrower and any ECA Guarantor under a Permitted ECA Financing and (ii) any Foreign
Restricted Subsidiary; provided that if immediately before or after giving effect to the incurrence of any such Indebtedness the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of
such Indebtedness and the application of the proceeds therefrom) exceeds 3.25 to 1.00, then no additional Indebtedness may be incurred under this clause (m) if (or that would otherwise cause) the aggregate outstanding principal amount of all
Indebtedness under this clause (m) incurred at a time when the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness and the application of the proceeds therefrom) exceeded
3.25 to 1.00 would exceed the sum of (A) $50,000,000 plus (B) 10% of Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s most recent Fiscal Quarter end for which financial statements prepared on a
consolidated basis in accordance with GAAP are available; 
 (n) Guaranty Obligations of Borrower in respect of Indebtedness
relating to Permitted ECA Financings and permitted by Section 6.10(m) (which Guaranty Obligations shall be unsecured except for any security interest in, and/or pledge of, Equity Interests in any ECA Borrower and any ECA Guarantor and
any dividends, stocks, shares, warrants, securities, rights, monies or other property accruing on or that constitute proceeds of such Equity Interests); 

(o) Indebtedness in a principal aggregate amount at any time outstanding not to exceed the greater of (i) $50,000,000 and
(ii) an amount equal to 25% of Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s most recent Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available;

 (p) Obligations under Bank Products; and 

(q) Exim Indebtedness in an aggregate principal amount not to exceed $386,700,000 at any time outstanding and any Permitted
Refinancing Indebtedness in respect thereof. 
 provided that all Indebtedness owed by Borrower or a Subsidiary Guarantor to a Subsidiary that is not
a Subsidiary Guarantor shall be subordinated pursuant to an Affiliate Subordination Agreement. 
 6.11 Transactions with
Affiliates. Enter into any transaction of any kind with any Affiliate of Borrower other than (a) employment, consulting, service, termination, compensation, expense reimbursement or indemnification arrangements with directors or
officers, or loans or advances to officers, in each case in the ordinary course of business and otherwise permitted under this Agreement, (b) transactions that are fully disclosed to the board of directors (or a committee thereof) of Borrower
and expressly authorized by a resolution of the board of directors (or committee) of Borrower which is approved by a majority of the directors (or committee) not having an interest in the transaction, (c) transactions between or among Borrower
and its Restricted Subsidiaries, (d) transactions on overall 

  
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terms at least as favorable to Borrower or its Restricted Subsidiaries as would be the case in an arm’s-length transaction between unrelated parties of equal bargaining power and
(e) transactions specifically permitted by Sections 6.2(a) and (b), Section 6.6 and Sections 6.16(e), (f), (j), (l) and (m) and (f) payment by Borrower or any of its
Restricted Subsidiaries of management fees or fees for services not to exceed $500,000 in the aggregate in any fiscal year (exclusive of reimbursements to Borrower by its Restricted Subsidiaries of actual costs and allocable overhead), to Borrower
or any Affiliate of Borrower (as such amount may be increased with the prior written approval of the Agent). 
 6.12 Negative
Pledges. Agree with any Person other than the Agent not to grant a security interest in or otherwise encumber, any of its property, or covenant to any other Person that Borrower or any Subsidiary Guarantor in the future will refrain from
creating, incurring, assuming or allowing any Lien with respect to any of Borrower’s or such Subsidiary Guarantor’s property (including under the specified conditions set forth in Section 6.21), in each case, except
(i) as set forth in the documents implementing any Permitted Additional Indebtedness, (ii) customary restrictions on assignment in leases, license, contracts and other agreements, (iii) any agreement evidencing Indebtedness secured by
Liens permitted by Section 6.9, as to the assets securing such Indebtedness, (iv) any agreement evidencing an asset sale or other disposition permitted by this Agreement, as to the assets being sold or disposed of,
(v) restrictions or conditions contained in the documents governing the 2020 Senior Notes and the documents governing any refinancing, renewal, extension or amendment thereof permitted by Section 6.10(a) (provided such restrictions
in any documents governing any refinancing, renewal, extension or amendment thereof permitted by Section 6.10(a) are not materially more restrictive, taken as a whole and as determined in good faith and certified on behalf of Borrower by
a Responsible Official, than those in the Indebtedness being refinanced), (vi) intellectual property licenses, (vii) Communications Licenses and other government licenses, authorizations, approvals, orders, consents and permits,
(viii) customary provisions with respect to the creation or assumption of any such Liens in joint venture agreements to the extent such Joint Ventures are permitted hereunder and (ix) as set forth in the documents governing any Permitted
ECA Financings so long as such restrictions relate only to ECA Borrowers, ECA Guarantors and ECA Assets. 
 6.13 Total Leverage
Ratio. Permit the Total Leverage Ratio as of the last day of any Fiscal Quarter to be greater than 4.50 to 1.00; provided, however, that in the event of (a) any Permitted Acquisition for which the aggregate purchase
consideration exceeds $200,000,000 and/or (b) any Satellite Trigger, the maximum permitted Total Leverage Ratio shall increase to 4.75 to 1.00 for the six consecutive Fiscal Quarter period beginning with the Fiscal Quarter in which each such
Permitted Acquisition or Satellite Trigger occurs, so long as Borrower is in compliance on a Pro Forma Basis with this Section 6.13 at such 4.75 to 1.00 level after giving effect to such Permitted Acquisition or Satellite Trigger. 

6.14 Interest Coverage Ratio. Permit the Interest Coverage Ratio as of the last day of any Fiscal Quarter to be less than 3.25
to 1.00. 
 6.15 Use of Proceeds; Sanctions; Anti-Corruption Laws. Borrower will not use, and shall procure that its
Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Advance or Letter of Credit (A) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving
of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or AML Laws, (B) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in
any Sanctioned Country, to the extent such activities, business or transaction would be prohibited by Sanctions if conducted by a corporation incorporated in the United States or in a European Union member state or (C) in any manner that would
result in the violation of any Sanctions or AML Laws applicable to any party hereto. 

  
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 6.16 Investments. Make any Investment if, immediately before and after giving
effect to such Investment, (x) the Senior Secured Leverage Ratio, calculated on a Pro Forma Basis after giving effect to such Investment, exceeds 2.50 to 1.00 or (y) Liquidity is less than $50,000,000, other than: 

(a) [reserved]; 

(b) Investments consisting of Cash Equivalents; 

(c) Investments in a Person that is the subject of a Permitted Acquisition; 

(d) Investments consisting of advances to officers, directors and employees of a Borrower or of any Restricted Subsidiary for
travel, entertainment, relocation, anticipated bonus and analogous ordinary business purposes; 
 (e) Investments in a Loan
Party; 
 (f) Investments by any Loan Party in any Subsidiary (other than a Loan Party) or any Joint Venture; provided
that (i) at the time any such Investment is made (and giving effect thereto), the aggregate amount of all such Investments in all such Subsidiaries and Joint Ventures made pursuant to this clause (f) then outstanding does not exceed one
and one-half (1.50) times Borrower’s consolidated trailing twelve month EBITDA as of Borrower’s most recent Fiscal Quarter end for which financial statements prepared on a consolidated basis in accordance with GAAP are available and
(ii) the Agent has received a pledge of Equity Interests in any such Subsidiary or Joint Venture to the extent required pursuant to Section 5.12, and Borrower is otherwise in compliance with any deliveries expressly contemplated by
Section 5.12 with respect to any such Subsidiary or Joint Venture; 
 (g) Investments consisting of (i) the
extension of credit to customers of Borrower and its Subsidiaries for the purpose of financing such customers’ purchases of Borrower’s and/or its Subsidiaries’ products and services, not to exceed $10,000,000 in the aggregate
outstanding at any time during the term of the Agreement or (ii) the extension of credit to customers or suppliers of Borrower and its Subsidiaries in the ordinary course of business and any Investments received in satisfaction or partial
satisfaction thereof; 
 (h) Investments received in connection with the settlement of a bona fide dispute with another
Person; 
 (i) Investments representing all or a portion of the sales price of Property sold or services provided to another
Person; 
 (j) Investments by any Restricted Subsidiary that is not a Loan Party (i) in any other Person that are made
pursuant to another clause of this Section 6.16 to the extent the amount of such Investment consists of amounts substantially concurrently received by such Restricted Subsidiary from Investments made in such Restricted Subsidiary
pursuant to clause (f), (l), (m) or (n) of this Section 6.16 and (ii) in any other Subsidiary of Borrower or a Joint Venture; 

(k) Investments in ViaSat Technologies Limited in respect of ViaSat-2 Other Satellite Project not to exceed $250,000,000 in the
aggregate; 

  
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 (l) Investments by Borrower or any of its Restricted Subsidiaries, whether
directly or indirectly, in Joint Ventures contemplated by the European JV Documents not to exceed $175,000,000 in the aggregate; 

(m) Investments not to exceed, in any Fiscal Year (when taken together with all other Investments then outstanding made under
this clause (m) in such Fiscal Year), an amount equal to the greater of (i) $225,000,000 and (ii) an amount equal to 10% of the Consolidated Total Assets as of the most-recently ended Fiscal Quarter for which financial statements
prepared on a consolidated basis in accordance with GAAP are available; provided that (i) if at the end of the applicable Fiscal Year, Investments made pursuant to this clause (m) are less than $225,000,000 in the aggregate
in such Fiscal Year, then the amount by which $225,000,000 exceeds the Investments made in such Fiscal Year pursuant to this clause (m) may be carried forward and included in the aggregate amount of Investments permitted to be made in
succeeding Fiscal Years pursuant to this clause (m) (including the application of any carry-forward permitted by this subclause (i)) and (ii) in no event shall the amount of Investments made pursuant to this clause (m) in any Fiscal
Year exceed $550,000,000; and 
 (n) Investments made with the Available Basket Amount. 

For purposes of determining compliance with this Section 6.16, (x) an Investment need not be made solely by reference to one
category of Investments described in clauses (a) through (n) above but may be made under any combination of such categories (including in part under one such category and in part under any other such category) and (y) in the event
that an Investment (or any portion thereof) meets the criteria of one or more of such categories of Investments described in clauses (a) through (n) above, Borrower, in its sole discretion, may classify or may subsequently reclassify at
any time such Investment (or any portion thereof) in any manner that complies with this covenant; provided that all Investments made under Section 6.16(n) shall at all times be justified in reliance only on the exception in
Section 6.16(n). 
 6.17 Capital Expenditures. Make any Capital Expenditure if, immediately before and after
giving effect to the making thereof, (x) the Senior Secured Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the making of any such Capital Expenditure) exceeds (i) prior to December 31, 2017, 2.50 to 1.00 or
(ii) from and after January 1, 2018, 3.00 to 1.00, (y) Liquidity is less than $50,000,000 or (z) Borrower is not in compliance with the financial covenants set forth in Sections 6.13 and 6.14 determined on a
Pro Forma Basis as of the Fiscal Quarter most recently ended for which financial statements prepared on a consolidated basis in accordance with GAAP are available, other than: 

(a) Capital Expenditures in respect of the Existing Satellite Systems, including all Satellite Activities in connection with
Existing Satellite Systems, in an amount not to exceed $40,000,000 in the aggregate; 
 (b) Capital Expenditures in respect
of any Other Satellite Projects (“Satellite Project Capex”), in an amount not to exceed $750,000,000 in the aggregate per Satellite Project; 

(c) Capital Expenditures (including, for the avoidance of doubt, Capital Expenditures in respect of any Satellite Project
allocated by Borrower to this clause (c)) in an amount not to exceed $250,000,000 in any Fiscal Year; provided that, (x) if at the end of the applicable Fiscal Year, Capital Expenditures made pursuant to this clause (c) are
less than $250,000,000 in the aggregate in such Fiscal Year, then the amount by which $250,000,000 exceeds the Capital Expenditures made in such Fiscal Year pursuant to this clause (c) may be carried forward and included in the aggregate amount
of Capital Expenditures permitted to be 

  
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made in succeeding Fiscal Years pursuant to this clause (c) (including the application of any carry-forward permitted by this subclause (x)) and (y) in no event shall Capital
Expenditures made pursuant to this clause (c) exceed $300,000,000 in any Fiscal Year; and 
 (d) Capital Expenditures
made using the Available Basket Amount (including, for the avoidance of doubt, Capital Expenditures in respect of any Satellite Project allocated by Borrower to this clause (d)). 

For purposes of this Section 6.17, (i) expenditures by Borrower or the Restricted Subsidiaries with respect to Customer
Equipment, capitalized software costs and capitalized subscriber acquisition costs shall not be deemed to be Capital Expenditures, (ii) Capital Expenditures to be used for or in relation to more than one Satellite Project shall not be
double-counted and may be allocated by Borrower in whole or in part to any applicable Satellite Project and (iii) in the event that Satellite Project Capex relates to or is used in connection with more than one Satellite or Satellite Project
(including with respect to the Existing Satellite Systems), Satellite Project Capex allocated by Borrower to one Satellite Project for purposes of this Section 6.17 shall not count towards any other Satellite Project. 

6.18 Amendments to Subordinated Obligations. Amend or modify any term or provision of any indenture, agreement or instrument
evidencing or governing any Subordinated Obligation in any respect that will or may have a Material Adverse Effect, in each case, other than in connection with a refinancing, renewal, exchange or extension of any such Subordinated Obligation to the
extent permitted by Section 6.10(f). 
 6.19 Changes in Name, Location of Chief Executive Offices, Etc. Without
providing notification to the Agent make any change in the corporate name of Borrower, or without providing ten (10) calendar days prior written notice to the Agent, make any change in the location of Borrower’s principal place of business
or chief executive office. 
 6.20 Hedging Agreements. Enter into any Hedging Agreement, except (a) non-speculative
Hedging Agreements entered into to hedge or mitigate risks to which Borrower or any Restricted Subsidiary has actual or anticipated exposure (other than those in respect of Equity Interests of Borrower or any of its Restricted Subsidiaries), and
(b) non-speculative Hedging Agreements entered into in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from one floating rate to another floating rate or otherwise) with respect to any interest-bearing
liability or investment of Borrower or any Restricted Subsidiary. 
 6.21 ECA Borrower Equity Interests. From and after
repayment in full of a Permitted ECA Financing of an ECA Borrower (other than any such repayment that is in connection with a refinancing of such Permitted ECA Financing) that was incurred under Section 6.10(m)(i) or 6.10(m)(ii)
and so long as such ECA Borrower is not at such time party to any other Permitted ECA Financing or, in the case of any ECA Borrower that is a Foreign Subsidiary, any other Indebtedness that is permitted hereunder that is secured by a pledge of the
Equity Interest of such ECA Borrower, pledge the Equity Interests of such ECA Borrower in favor of any Person other than Agent for the benefit of the Secured Parties (it being understood that this Section 6.21 shall not constitute a
requirement that the Equity Interests of any ECA Borrower be pledged in favor of Agent for the benefit of the Secured Parties). 
 ARTICLE
7 
 INFORMATION AND REPORTING REQUIREMENTS 

  
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 7.1 Financial and Business Information. So long as any Advance remains unpaid, any
Letter of Credit is outstanding or any other Obligation remains unpaid (other than contingent indemnification obligations for which no claim has been made), or any portion of any Commitments remains in force, Borrower shall, at Borrower’s sole
expense, deliver to the Agent for distribution by it to the Lenders: 
 (a) As soon as practicable, and in any event within
45 days after the end of each Fiscal Quarter (other than the fourth Fiscal Quarter in any Fiscal Year), the consolidated balance sheet of Borrower and its Restricted Subsidiaries as at the end of such Fiscal Quarter and the consolidated statements
of operations and cash flows for such Fiscal Quarter and the portion of the Fiscal Year ended with such Fiscal Quarter, together with a backlog report of Borrower and its Restricted Subsidiaries, all in reasonable detail. Such financial statements
shall be certified by the chief financial officer of Borrower or his or her designated representative as fairly presenting in all material respects the consolidated financial condition, results of operations and cash flows of Borrower and its
Restricted Subsidiaries in accordance with GAAP (other than footnote disclosures), consistently applied, as at such date and for such periods, subject only to normal year-end accruals and audit adjustments; 

(b) As soon as practicable, and in any event before the commencement of a Pricing Period, a Pricing Certificate for such
Pricing Period setting forth a calculation of the Total Leverage Ratio as of the last day of the Fiscal Quarter immediately prior to such Pricing Period, and providing reasonable detail as to the calculation thereof, which calculations in the case
of the fourth Fiscal Quarter in any Fiscal Year shall be based on the preliminary unaudited financial statements of Borrower and its Restricted Subsidiaries for such Fiscal Quarter, and as soon as practicable thereafter, in the event of any material
variance in the actual calculation of the Total Leverage Ratio from such preliminary calculation, a revised Pricing Certificate setting forth the actual calculation thereof; 

(c) As soon as practicable, and in any event within 90 days after the end of each Fiscal Year, (i) the consolidated
balance sheet of Borrower and its Restricted Subsidiaries as at the end of such Fiscal Year and the consolidated statements of operations, stockholders’ equity and cash flows, in each case of Borrower and its Restricted Subsidiaries for such
Fiscal Year, together with a backlog report of Borrower and its Restricted Subsidiaries, all in reasonable detail, (ii) supplements to Schedule A to the Borrower Security Agreement and any Subsidiary Security Agreement to reflect any new
deposit accounts and securities accounts included in the Collateral and to remove deposit accounts and securities accounts no longer included in the Collateral, supplements to Schedule B to the Borrower Security Agreement and any Subsidiary Security
Agreement to reflect the publication or registration of new Copyrights or applications thereof, new Marks and new Patents (each as defined in the Borrower Security Agreement or Subsidiary Security Agreement, as applicable) and supplements to
Schedule A to the Borrower Pledge Agreement and any Subsidiary Pledge Agreement to reflect any new pledged Equity Interests included in the Collateral and to remove any pledged Equity Interests no longer included in the Collateral, and
(iii) worksheets or other calculations used by Borrower in determining whether or not Significant Subsidiaries exist as of the Determination Date occurring as of the end of such Fiscal Year. Such financial statements shall be prepared in
accordance with GAAP, consistently applied, and such consolidated financial statements shall be accompanied by a report of PricewaterhouseCoopers LLP or other independent public accountants of recognized national standing selected by Borrower, which
report shall be prepared in accordance with GAAP as at such date, and shall not be subject to any qualifications or exceptions as to the scope of the audit nor to a “going concern” or like qualification (except as may be required as a
result of the impending maturity of any of the Loans); 

  
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 (d) As soon as practicable, and in any event within 120 days after the end of
each Fiscal Year, a budget and projections for the then-current Fiscal Year in reasonable detail substantially consistent with the budget and projections provided to the Agent on the Closing Date (except that such budget and projections shall be
prepared for such Fiscal Year as a whole and not by Fiscal Quarter); 
 (e) Promptly after request by the Agent or any
Lender, copies of any detailed audit reports by independent accountants in connection with the accounts or books of Borrower or any of its Restricted Subsidiaries, or any audit of any of them; 

(f) Promptly, and in any event within five (5) Banking Days after receipt thereof by Borrower or any Restricted Subsidiary
thereof, copies of each material notice or other material correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation or possible investigation or other inquiry by such agency
regarding financial or other operational results of Borrower or any Restricted Subsidiary thereof; 
 (g) Promptly after
request by the Agent or any Lender, copies of any other report or other document that was filed by Borrower with any Governmental Agency, but excluding such reports or documents as are filed with any Governmental Agency as part of Borrower’s
ordinary course transactions with any Governmental Agency; 
 (h) Promptly upon a Senior Officer becoming aware, and in any
event within five (5) Banking Days after becoming aware, of the occurrence of any (i) “reportable event” (as such term is defined in Section 4043 of ERISA, but excluding such events as to which the PBGC has by
regulation waived the requirement therein contained that it be notified within thirty days of the occurrence of such event) or (ii) non-exempt “prohibited transaction” (as such term is defined in Section 406 of ERISA or
Section 4975 of the Code) involving any Pension Plan or any trust created thereunder, telephonic notice specifying the nature thereof, and, no more than two (2) Banking Days after such telephonic notice, written notice again specifying the
nature thereof and specifying what action Borrower is taking or proposes to take with respect thereto, and, when known, any action taken by the Internal Revenue Service with respect thereto; 

(i) As soon as practicable, and in any event within five (5) Banking Days after a Senior Officer becomes aware of the
existence of any condition or event which constitutes a Default or Event of Default, telephonic notice specifying the nature and period of existence thereof, and, no more than five (5) Banking Days after such telephonic notice, written notice
again specifying the nature and period of existence thereof and specifying what action Borrower is taking or proposes to take with respect thereto; 

(j) Commencing with the financial statements for the Fiscal Quarter ending June 30, 2016, at such times as Unrestricted
Subsidiaries are included in consolidated financial statements referred to in Sections 7.1(a) and 7.1(c) above, simultaneously with the delivery of each set of such consolidated financial statements, internally-prepared condensed
consolidating financial information reflecting the adjustments necessary to eliminate the accounts of the Unrestricted Subsidiaries (if any) from such consolidated financial statements, in a form reasonably acceptable to the Agent; and 

  
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 (k) Such other data and information as from time to time may be reasonably
requested by the Agent, any Lender (through the Agent) or the Requisite Lenders, to the extent reasonably available to Borrower. 
 7.2
[Reserved]. 
 7.3 Compliance Certificates. Borrower shall, at Borrower’s sole expense, deliver to the
Agent for distribution by it to the Lenders concurrently with the financial statements required pursuant to Sections 7.1(a) and 7.1(c), a Compliance Certificate signed by a Senior Officer or his or her designated representative. 

7.4 Electronic Communications; Platform. 

(a) Reports required to be delivered pursuant to Sections 7.1(a) and 7.1(c) may be delivered
electronically and if so, shall be deemed to have been delivered on the date on which Borrower posts such reports, or provides a link thereto, when such report is posted electronically on DebtDomain, SyndTrak, IntraLinks, DebtX or such other similar
electronic platform (the “Platform”) as the Agent may select, the SEC’s EDGAR database, or other relevant website that each Lender and the Agent have access to (whether a commercial, third-party website or whether sponsored by
the Agent), if any, on Borrower’s behalf; provided, that: (a) Borrower shall deliver paper copies of such reports to the Agent or any Lender who requests Borrower to deliver such paper copies until written request to cease
delivering paper copies is given by the Agent or such Lender; (b) Borrower shall notify (which may be by facsimile or electronic mail) the Agent and each Lender of the posting of any such reports and immediately following such notification
Borrower shall provide to the Agent, by electronic mail, electronic versions (i.e., soft copies) of such reports; and (c) in each instance Borrower shall provide paper copies of the Compliance Certificates required by Section 7.2 to
the Agent. Except for such Compliance Certificates, the Agent shall have no obligation to request the delivery of or to maintain copies of the reports referred to above, and in any event shall have no responsibility to monitor compliance by Borrower
with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such reports. 

(b) Unless the Agent otherwise prescribes, (i) notices and other communications sent to an electronic 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 electronic mail address 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 electronic 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) Borrower hereby acknowledges that (A) the Agent and/or the Arrangers may, but shall not be obligated to, make
available to the Lenders and the Issuing Lender materials and/or information provided by or on behalf of Borrower hereunder (collectively, “Borrower Materials”) by posting Borrower Materials on the Platform and (B) certain of
the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be
engaged in investment and other market-related activities with respect to such Persons’ 

  
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securities. Borrower hereby agrees that so long as Borrower is the issuer of any outstanding debt or Equity Interests that are registered or issued pursuant to a private offering or is actively
contemplating issuing any such securities it will use commercially reasonable efforts to identify that portion of Borrower Materials that may be distributed to the Public Lenders and that (1) all such Borrower Materials shall be clearly and
conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (2) by marking Borrower Materials “PUBLIC,” Borrower shall be deemed to have
authorized the Agent, any Affiliate thereof, the Arrangers, the Issuing Lender and the Lenders to treat such Borrower Materials as not containing any material non-public information (although it may be sensitive and proprietary) with respect to
Borrower or its securities for purposes of United States federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute confidential information, they shall be treated as set forth in
Section 11.14); (3) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (4) the Agent and any Affiliate
thereof and the Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side Information.” 

(d) THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT
WARRANT THE ACCURACY OR COMPLETENESS OF BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY
WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH BORROWER MATERIALS OR THE PLATFORM. In no event shall
the Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to Borrower, any Lender, the L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in
tort, contract or otherwise) arising out of Borrower’s, any Subsidiary’s or the Agent’s transmission of Borrower Materials through the Internet. 

ARTICLE 8 
 CONDITIONS

 8.1 Initial Credit Issuance. The obligation of each Lender to make the initial Credit Issuance, on the terms and
conditions set forth herein, is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):

 (a) The Agent shall have received all of the following, each (other than the documents referred to in clauses (5),
(7) and (9) below) properly executed by a Responsible Official of each party thereto, each dated as of the Closing Date and each in form and substance satisfactory to the Agent and its legal counsel (unless otherwise specified or, in the
case of the date of any of the following, unless the Agent otherwise agrees or directs): 
 (1) at least one
(1) executed counterpart of this Agreement, together with arrangements satisfactory to the Agent for additional executed counterparts; 

  
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 (2) to the extent requested by any Revolving Lender, Revolving Notes executed by
Borrower in favor of each Revolving Lender, each in a principal amount equal to that Lender’s Pro Rata Share of the Revolving Commitment; 

(3) the Borrower Security Agreement executed by Borrower; 

(4) the Borrower Pledge Agreement executed by Borrower; 

(5) [reserved]; 

(6) such financing statements on Form UCC-1 with respect to the Borrower Security Agreement as the Agent may request and
searches of UCC filings in the jurisdiction of incorporation of Borrower; 
 (7) (A) a Certificate of the Secretary of
Borrower (or other Responsible Official) attaching (and certifying as to) (i) a copy of the certificate of incorporation of Borrower and any and all amendments thereof, certified as of a recent date by the Secretary of State of the State of
Delaware, (ii) a copy of the bylaws of Borrower and any and all amendments thereof, (iii) resolutions of the Board of Directors of Borrower (or committee thereof) approving and authorizing the execution, delivery and performance of this
Agreement and the other Loan Documents to which it is a party as of the Closing Date and (iv) signature and incumbency certificates of the officers of Borrower; and (B) a good standing certificate from the Secretary of State of the State
of Delaware, certifying as to the good standing of Borrower; 
 (8) the Opinion of Counsel (and Borrower hereby instructs
such counsel to deliver such opinion to the Agent and the Lenders); 
 (9) a Certificate of Borrower, executed by the chief
financial officer of Borrower or his or her designated representative, certifying that the conditions specified in Sections 8.1(e) and 8.1(f) have been satisfied; and 

(10) a payoff letter, in form acceptable to the Agent, as to the Existing Credit Agreement. 

(b) The fees payable on the Closing Date pursuant to Section 3.2, shall have been paid. 

(c) The Agent shall be reasonably satisfied that it holds (or has the reasonable ability to hold) a first priority perfected
Lien in the Collateral (except to the extent permitted herein and except to the extent set forth in the Security Agreements), for the ratable benefit of the Lenders, subject only to Liens permitted in Section 6.9. 

(d) The reasonable costs and expenses of the Agent in connection with the preparation of the Loan Documents payable pursuant to
Section 11.3, and invoiced to Borrower prior to the Closing Date (if applicable), shall have been (or shall concurrently be) paid. 

(e) The representations and warranties of Borrower contained in Article 4 shall be true and correct in all material
respects (except that any representation and warranty that is qualified by materiality shall be true and correct in all respects), except to the extent that such 

  
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representations and warranties expressly relate to an earlier specified date, in which case such representations and warranties shall have been true and correct in all material respects as of
such earlier date. 
 (f) After giving effect to the initial Credit Issuance, no Default or Event of Default shall have
occurred and be continuing. 
 (g) The Agent shall have received certificate(s) from Borrower or applicable Subsidiary’s
insurance broker or other evidence satisfactory to it that all insurance required to be maintained pursuant to Section 5.4 is in full force and effect. 

Without limiting the generality of the provisions of Section 10.3(c), for the purposes of determining compliance with the
conditions specified in this Section, 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 Agent shall have received written notice from such Lender prior to the date hereof specifying its objection thereto. 

8.2 Any Advance. The obligation of each Lender to make any Advance, and the obligation of the Issuing Lender to issue any Letter
of Credit, is subject to the following conditions precedent (unless the Requisite Lenders, in their reasonable discretion, shall agree otherwise): 

(a) except (i) for representations and warranties which expressly speak as of a particular date or are no longer true and
correct as a result of a change which is permitted by this Agreement or (ii) as disclosed by Borrower and approved in writing by the Requisite Lenders, the representations and warranties contained in any Loan Document (other than Sections
4.6 (with respect to the last sentence only) and 4.17) shall be true and correct in all material respects (except that any representation and warranty that is qualified by materiality shall be true and correct in all respects) on and as
of the date of the Advance as though made on that date; 
 (b) no circumstance or event shall have occurred since the Closing
Date that constitutes a Material Adverse Effect; 
 (c) the Agent shall have timely received a Request for Loan (or
telephonic or other request for Loan referred to in the second sentence of Section 2.1(c), if applicable), or a Request for Letter of Credit (as applicable), in compliance with Article 2; and 

(d) no Default or Event of Default shall have occurred and be continuing. 

ARTICLE 9 
 EVENTS OF
DEFAULT AND REMEDIES UPON EVENT OF DEFAULT 
 9.1 Events of Default. The existence or occurrence of any one or more of the
following events, whatever the reason therefor and under any circumstances whatsoever, shall constitute an Event of Default: 

(a) Borrower fails to pay any principal of any Loan, or any portion thereof, within two (2) Banking Days after the date
when due; or 

  
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 (b) Borrower fails to pay any interest on any Loan, or any fees under
Sections 3.3, 3.4 or 3.5, or any portion thereof, within three (3) Banking Days after the date when due; or fails to pay any other fee or amount payable to the Agent, the Issuing Lender or the Lenders under any
Loan Document, or any portion thereof, within three (3) Banking Days after demand therefor, or 
 (c) Borrower fails to
comply with any of the covenants contained in Article 6 (other than Sections 6.8, 6.11 or 6.16); or 

(d) Borrower fails to comply with Section 7.1(i) in any respect that has a Material Adverse Effect and the related
Default or Event of Default continues for longer than any applicable cure or grace period permitted hereunder for such Default or Event of Default; or 

(e) Borrower or any other Loan Party fails to perform or observe any other covenant or agreement (not specified in clause (a),
(b), (c) or (d) above) contained in any Loan Document on its part to be performed or observed within twenty (20) Banking Days after the giving of notice by the Agent on behalf of the Requisite Lenders of such Default or, if such
Default is not reasonably susceptible of cure within such period, within such longer period as is reasonably necessary to effect a cure so long as such Borrower or Loan Party continues to diligently pursue cure of such Default but not in any event
in excess of forty (40) Banking Days; or 
 (f) Any representation or warranty of Borrower or any other Loan Party made
in any Loan Document, or in any certificate or other writing delivered by Borrower or such Loan Party pursuant to any Loan Document, proves to have been incorrect in any material respect when made or reaffirmed; or 

(g) (i) Borrower or any Restricted Subsidiary (A) fails to pay the principal, or any principal installment, of any present
or future Indebtedness or any guaranty of present or future Indebtedness in the aggregate amount of $25,000,000 or more (other than any such Indebtedness of a Restricted Subsidiary that is not a Loan Party to the extent such Indebtedness is without
recourse to the Loan Parties), on its part to be paid, when due (or within any stated grace period), whether at the stated maturity, upon acceleration, by reason of required prepayment or otherwise or (B) fails to perform or observe any other
term, covenant or agreement on its part to be performed or observed, or suffers any event of default to occur, in connection with any present or future Indebtedness in the aggregate amount of $25,000,000 or more (other than any such Indebtedness of
a Restricted Subsidiary that is not a Loan Party to the extent such Indebtedness is without recourse to the Loan Parties), or of any guaranty of present or future Indebtedness in the aggregate amount of $25,000,000 or more (other than any such
Indebtedness of a Restricted Subsidiary that is not a Loan Party to the extent such Indebtedness is without recourse to the Loan Parties), if as a result of such failure or sufferance any holder or holders thereof (or an agent or trustee on its or
their behalf) has the right to declare such Indebtedness due before the date on which it otherwise would become due or the right to require Borrower or any Restricted Subsidiary to redeem or purchase, or offer to redeem or purchase, all or any
portion of such Indebtedness; or (ii) there occurs under any Secured Hedging Agreement an Early Termination Date (as defined in such Secured Hedging Agreement) resulting from (A) any event of default under such Secured Hedging Agreement as
to which Borrower or any Restricted Subsidiary thereof is the Defaulting Party (as defined in such Secured Hedging Agreement) or (B) any Termination Event (as so defined) under such Secured Hedging Agreement as to which Borrower or any
Restricted Subsidiary thereof is an Affected Party (as defined in such Secured Hedging Agreement) and, in either event, the Hedge Termination Value owed by Borrower or such Restricted Subsidiary as a result thereof is greater than $25,000,000; or

  
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 (h) Any Loan Document, at any time after its execution and delivery and for any
reason other than the agreement or action (or omission to act) of the Agent or the Lenders or satisfaction in full of all the Obligations, ceases to be in full force and effect or is declared by a court of competent jurisdiction to be null and void,
invalid or unenforceable in any respect which has a Material Adverse Effect; or any Loan Document purporting to grant a Lien in favor of the Agent ceases (other than by action or inaction of the Agent or any Lender or as permitted under any Loan
Document) to create a valid and effective Lien in any material portion of the Collateral; or any Loan Party thereto denies in writing that it has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or
rescind same; or 
 (i) A final judgment against Borrower or any Restricted Subsidiary is entered for the payment of money in
excess of $25,000,000 in the aggregate (not covered by insurance or for which an insurer has reserved its rights) and, absent procurement of a stay of execution, such judgment remains unsatisfied for thirty (30) calendar days after the date of
entry of judgment, or in any event later than five (5) days prior to the date of any proposed sale thereunder; or any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the
Property of Borrower or any Restricted Subsidiary and is not released, vacated or fully bonded within thirty (30) calendar days after its issue or levy; or 

(j) Borrower or any Restricted Subsidiary institutes or consents to the institution of any proceeding under a Debtor Relief Law
relating to it or to all or any material part of its Property, or is unable or admits in writing its inability to pay its debts as they mature, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any
receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any material part of its Property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is
appointed without the application or consent of that Person and the appointment continues undischarged or unstayed for sixty (60) consecutive calendar days; or any proceeding under a Debtor Relief Law relating to any such Person or to all or
any part of its Property is instituted without the consent of that Person and continues undismissed or unstayed for sixty (60) consecutive calendar days (provided that Borrower’s voluntary liquidation, winding-up or dissolution of any
Restricted Subsidiary that does not constitute a Significant Restricted Subsidiary to the extent permitted by the last sentence of Section 5.2 shall not be an Event of Default under this Section 9.1(j)); or 

(k) The occurrence of an Event of Default (as such term is or may hereafter be specifically defined in any other Loan Document)
under any other Loan Document; or 
 (l) Any Pension Plan maintained by Borrower is finally determined by the PBGC to have a
material “accumulated funding deficiency” as that term is defined in Section 302 of ERISA in excess of an amount equal to 5% of Consolidated Total Assets as of the most recently ended Fiscal Quarter for which financial statements
prepared on a consolidated basis in accordance with GAAP are available; or 
 (m) A Change in Control occurs. 

9.2 Remedies Upon Event of Default. Without limiting any other rights or remedies of the Agent or the Lenders provided for
elsewhere in this Agreement, or the other Loan Documents, or by applicable Law, or in equity, or otherwise: 

  
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 (a) Upon the occurrence, and during the continuance, of any Event of Default
other than an Event of Default described in Section 9.1(j): 
 (1) the Commitments to make Advances and all other
obligations of the Agent or the Lenders, and all rights of Borrower and any other Parties under the Loan Documents, shall be suspended without notice to or demand upon Borrower, which are expressly waived by Borrower; 

(2) the Issuing Lender may, with the approval of the Agent on behalf of the Requisite Lenders, demand immediate payment by
Borrower of an amount equal to the aggregate amount of all outstanding Letters of Credit to be held by the Issuing Lender in an interest-bearing cash collateral account as collateral hereunder; and 

(3) the Requisite Lenders may request the Agent to, and the Agent thereupon shall, terminate the Commitments and/or declare all
or any part of the unpaid principal of all Loans, all interest accrued and unpaid thereon and all other amounts payable under the Loan Documents to be forthwith due and payable, whereupon the same shall become and be forthwith due and payable,
without protest, presentment, notice of dishonor, demand or further notice of any kind, all of which are expressly waived by Borrower. 

(b) Upon the occurrence of any Event of Default described in Section 9.1(j): 

(1) the Commitments to make Advances and all other obligations of the Agent, the Issuing Lender and the Lenders, and all rights
of Borrower and any other Loan Parties under the Loan Documents, shall terminate without notice to or demand upon Borrower, which are expressly waived by Borrower; 

(2) an amount equal to the aggregate amount of all outstanding Letters of Credit shall be immediately due and payable to the
Issuing Lender without notice to or demand upon Borrower, which are expressly waived by Borrower, to be held by the Issuing Lender in an interest-bearing cash collateral account as collateral hereunder; and 

(3) the unpaid principal of all Loans, all interest accrued and unpaid thereon and all other amounts payable under the Loan
Documents shall be forthwith due and payable, without protest, presentment, notice of dishonor, demand or further notice of any kind, all of which are expressly waived by Borrower. 

(c) Upon the occurrence of any Event of Default, the Lenders and the Agent or any of them, without notice to (except as
expressly provided for in any Loan Document) or demand upon Borrower, which are expressly waived by Borrower (except as to notices expressly provided for in any Loan Document), may proceed (but only with the consent of the Requisite Lenders)
to protect, exercise and enforce their rights and remedies under the Loan Documents against Borrower and any other Loan Party and such other rights and remedies as are provided by Law or equity, subject to Section 9.2(e). 

(d) After the exercise of remedies by the Agent provided for in Section 9.2 (or after the Advances have
automatically become immediately due and payable and the Letters of Credit have automatically been required to be Cash Collateralized as set forth above) or if at any time insufficient funds are received by and available to the Agent to pay fully
all Secured Obligations 

  
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then due hereunder, any amounts received on account of the Secured Obligations shall be applied by the Agent in the following order : 

First, to payment of that portion of the Secured Obligations constituting fees, indemnities, expenses and other amounts (including fees,
charges and disbursements of counsel to the Agent and amounts payable under Sections 3.5 and 3.6) payable to the Agent its capacity as such; 

Second, to payment of that portion of the Secured Obligations constituting fees, indemnities and other amounts (other than principal,
interest and Letter of Credit fees) payable to the Lenders and the Issuing Lender (including fees, charges and disbursements of counsel to the respective Lenders and Issuing Lender arising under the Loan Documents and amounts payable under
Sections 3.5 and 3.6, 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 Secured Obligations constituting accrued and unpaid Letter of Credit fees and interest on the
Advances and other Secured Obligations arising under the Loan Documents, ratably among the Lenders and the Issuing Lender in proportion to the respective amounts described in this clause Third payable to them; 

Fourth, to payment of that portion of the Secured Obligations constituting (i) unpaid principal of the Advances and other Secured
Obligations then owing under Secured Hedging Agreements and Bank Products and (ii) any amounts needed to Cash Collateralize Borrower’s obligations with respect to Letters of Credit, ratably among the Lenders, the Issuing Lender, the Hedge
Banks party thereto and those Bank Product Lenders in proportion to the respective amounts described in clauses (a) and (b) of this clause Fourth held by them; and 

Last, the balance, if any, after all of the Secured Obligations have been indefeasibly paid in full, to Borrower or as otherwise
required by Law. 
 No application of payments will cure any Event of Default (other than an Event of Default caused by a failure to pay), or prevent
acceleration, or continued acceleration, of amounts payable under the Loan Documents, or prevent the exercise, or continued exercise, of rights or remedies of the Lenders hereunder or thereunder or at Law or in equity. 

Notwithstanding the foregoing, Secured Obligations arising under Bank Products and Secured Hedging Agreements shall be excluded from the application described
above if the Agent has not received a Secured Party Designation Notice, together with such supporting documentation as the Agent may request, from the applicable Bank Product Lender or Hedge Bank, as the case may be. Each Bank Product Lender or
Hedge Bank not a party to this Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Agent pursuant to the terms of Article 10 for
itself and its Affiliates as if a “Lender” party hereto. Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts received from such Guarantor or its assets, but appropriate adjustments shall be made with
respect to payments from other Loan Parties to preserve the allocations to Secured Obligations otherwise set forth above in this Section. 

(e) Notwithstanding anything to the contrary contained in this Agreement, but without waiving or limiting any obligation of
Borrower hereunder, the Agent will not take any action pursuant to this Agreement or any other Loan Document that would constitute or result in any assignment of any Communications License held by Borrower or any of its Subsidiaries (or assigned or
transferred to Borrower or any of its Subsidiaries) or any transfer of control of the 

  
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holder of any Communications License held by Borrower or any of its Subsidiaries (or assigned or transferred to Borrower or any of its Subsidiaries), within the meaning of Section 310(d) of
the Communications Act or other Communications Laws, if such assignment of such Communications License or such transfer of control would require thereunder the prior approval of the FCC or other Governmental Agency, without first obtaining such
approval. The Agent agrees that (a) voting rights in the Equity Interests of each Subsidiary Guarantor, but solely to the extent any such Subsidiary Guarantor is the holder of any Communications License, will remain with the holders of such
voting rights upon and following the occurrence of an Event of Default until any required prior approvals of the FCC or other Governmental Agency, as applicable, shall have been obtained; (b) to the extent required by law, upon and following
the occurrence of any Event of Default and foreclosure upon the Equity Interests of any Subsidiary of Borrower holding any Communications License by the Agent, there will be either an arm’s length private or public sale of such Equity
Interests; and (c) prior to the exercise of stockholder rights by the purchaser at any such sale, the prior consent of the FCC pursuant to Section 310(d) of the Communications Act, and of any other Governmental Agency pursuant to
applicable Communications Laws, will be obtained. 
 ARTICLE 10 

THE AGENT 
 10.1
Appointment and Authority. 
 (a) Appointment. Each of the Lenders and the Issuing Lender hereby
irrevocably appoints MUFG to act on its behalf as the Agent hereunder and under the other Loan Documents and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof or
thereof, together with such actions and powers as are reasonably incidental thereto. Other than Borrower’s consent rights set forth in Section 10.6, the provisions of this Article are solely for the benefit of the Agent, the Lenders
and the Issuing Lender, and neither Borrower nor any other Subsidiary 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 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
Agent. The Agent shall also act as the “collateral agent” under the Loan Documents, and each of the Lenders (including in its capacities as a potential Hedge Bank or potential Bank Product Lender) and the Issuing Lender hereby
irrevocably appoints and authorizes the Agent to act as the agent of such Lender and the Issuing Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of Borrower or Subsidiary Guarantors to secure
any of the Secured Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Agent
pursuant to Section 10.5 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Agreements, or for exercising any rights and remedies thereunder at the direction of the Agent),
shall be entitled to the benefits of all provisions of this Article 10, as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect
thereto. 

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

10.3 Exculpatory Provisions. 

(a) The 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 Agent: 

(i) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
 (ii) shall not have any duty to take any discretionary action or exercise any discretionary powers, except
discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Agent is required to exercise as directed in writing by the Requisite 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 Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Agent to liability or that is contrary to 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; 
 (iii) 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 Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Agent or any of its Affiliates
in any capacity; and 
 (iv) shall not 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 Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender
or Participant or prospective Lender or Participant is a Disqualified Institution or (y) have any liability with respect to or arising out of any assignment or participation of Loans, or disclosure of confidential information, to any
Disqualified Institution. 
 (b) The Agent shall not be liable for any action taken or not taken by it (i) with the
consent or at the request of the Requisite Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Agent shall believe in good faith shall be necessary, under the circumstances as provided in
Sections 11.2 and 9.2, or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and 

  
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nonappealable judgment. The Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given to the Agent in writing by Borrower, a Lender or an
Issuing Lender. 
 (c) The Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any
statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or
therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness
of this Agreement, any other Loan Document or any other agreement, instrument or document or the creation, perfection or priority of any Lien purported to be created by the Security Agreements, (v) the value or the sufficiency of the
Collateral, or (vi) the satisfaction of any condition set forth in Article 8 or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Agent. 

10.4 Reliance by Agent. The Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any
notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or
otherwise authenticated by the proper Person. The Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In
determining compliance with any condition hereunder to the making of 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 an Issuing Lender, the Agent
may presume that such condition is satisfactory to such Lender or Issuing Lender unless the Agent shall have received notice to the contrary from such Lender or Issuing Lender prior to the making of such Loan or the issuance, extension, renewal or
increase of such Letter of Credit. The Agent may consult with legal counsel (who may be counsel for Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance
with the advice of any such counsel, accountants or experts. 
 10.5 Delegation of Duties. The 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 Agent. The Agent and any such sub-agent may perform any and all of its duties and exercise its
rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Agent and any such sub-agent, and shall apply to their respective
activities in connection with the syndication of the Facilities as well as activities as Agent. The Agent shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent jurisdiction
determines in a final and nonappealable judgment that the Agent acted with gross negligence or willful misconduct in the selection of such sub-agents. 

10.6 Resignation of the Agent. 

(a) The Agent may at any time give notice of its resignation to the Lenders, the Issuing Lender and Borrower. Upon receipt of
any such notice of resignation, the Requisite Lenders shall have the right, with the consent (if no Event of Default pursuant to Section 9.1(a), (b) or (j) then exists and not to be unreasonably withheld or
delayed) of Borrower, 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 Requisite Lenders
and shall have accepted such appointment within 30 days after the retiring 

  
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Agent gives notice of its resignation (or such earlier day as shall be agreed by the Requisite Lenders) (the “Resignation Effective Date”), then the retiring Agent may (but shall
not be obligated to), on behalf of the Lenders and the Issuing Lender, appoint a successor Agent meeting the qualifications set forth above with the consent (if no Event of Default pursuant to Section 9.1(a), (b) or
(j) then exists and not to be unreasonably withheld or delayed) of Borrower. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b) If the Person serving as the Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the
Requisite Lenders may, to the extent permitted by applicable law, by notice in writing to Borrower and such Person remove such Person as the Agent and, with the consent (if no Event of Default pursuant to Section 9.1(a),
(b) or (j) then exists and not to be unreasonably withheld or delayed) of Borrower, appoint a successor. If no such successor shall have been so appointed by the Requisite Lenders and shall have accepted such appointment
within 30 days (or such earlier day as shall be agreed by the Requisite 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 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 Agent on behalf of the Lenders or the Issuing Lender under any of the Loan
Documents, the retiring or removed Agent shall continue to hold such collateral security until such time as a successor Agent is appointed) and (2) except for any indemnity payments or other amounts owed to the retiring or removed Agent, all
payments, communications and determinations provided to be made by, to or through the Agent shall instead be made by or to each Lender and Issuing Lender directly, until such time, if any, as the Requisite Lenders appoint a successor Agent as
provided for above. Upon the acceptance of a successor’s appointment as the Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed Agent (other than as
provided in Section 3.11(i) and other than any rights to indemnity payments or other amounts owed to the retiring or removed Agent), and the retiring or removed 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 Borrower to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between
Borrower and such successor. After the retiring or removed Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Sections 11.3 and 11.11 shall continue in effect for the
benefit of such retiring or removed 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 Agent was acting as the Agent. 

(d) Any resignation by MUFG as Agent pursuant to this Section shall also constitute its resignation as Issuing Lender and Swing
Line Lender. If MUFG resigns as an Issuing Lender, it shall retain all the rights, powers, privileges and duties of the Issuing Lender hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as Issuing
Lender and all L/C Obligations with respect thereto, including the right to require the Lenders to make Alternate Base Rate Loans or fund risk participations in unreimbursed drawings pursuant to Section 2.4(c). If MUFG resigns as Swing
Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Advances made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to
make Alternate Base Rate Loans or fund risk participations in outstanding Swing Line 

  
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Advances pursuant to Section 2.9(c). Upon the appointment by Borrower of a successor Issuing Lender or Swing Line Lender hereunder (which successor shall in all cases be a Lender
other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Lender or Swing Line Lender, as applicable, (ii) the retiring Issuing
Lender and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents and (iii) the successor Issuing Lender 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 MUFG to effectively assume the obligations of MUFG with respect to such Letters of Credit. After the retiring Issuing Lender and/or
Swing Line Lender’s resignation hereunder and under the other Loan Documents, the provisions of this Article and Section 11.3 shall continue in effect for the benefit of such retiring Issuing Lender and Swing Line Lender in respect
of any actions taken or omitted to be taken by any of them while the retiring Issuing Lender or Swing Line Lender was acting in such capacity. 

10.7 Non-Reliance on the Agent and Other Lenders. Each Lender and Issuing Lender acknowledges that it has, independently and
without reliance upon the Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and
Issuing Lender also acknowledges that it will, independently and without reliance upon the Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue
to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

10.8 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the Bookrunners, Arrangers, Syndication
Agents or Documentation Agents listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Agent, a Lender or an Issuing
Lender hereunder. 
 10.9 The Agent May File Proofs of Claim. In case of the pendency of any proceeding under any Debtor
Relief Law or any other judicial proceeding relative to Borrower or any Subsidiary Guarantor, the 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 Agent shall have made any demand on Borrower) shall be entitled and empowered (but not obligated) 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 Issuing Lender and the Agent (including any claim for the reasonable
compensation, expenses, disbursements and advances of the Lenders, the Issuing Lender and the Agent and their respective agents and counsel and all other amounts due the Lenders, the Issuing Lender and the Agent under Sections 3.3,
3.4, 11.3 and 11.11) 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 Issuing Lender to make such payments to the 

  
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Agent and, in the event that the Agent shall consent to the making of such payments directly to the Lenders and the Issuing Lender, to pay to the Agent any amount due for the reasonable
compensation, expenses, disbursements and advances of the Agent and its agents and counsel, and any other amounts due the Agent under Sections 11.3 and 11.11. 

Nothing contained herein shall be deemed to authorize the Agent to authorize or consent to, or accept or adopt on behalf of any Lender, any
plan of reorganization, arrangement, adjustment or composition affecting the Secured Obligations or the rights of any Lender to authorize the Agent to vote in respect of the claim of any Lender in any such proceeding. 

10.10 Collateral and Guaranty Matters. (a) Each of the Lenders (including in its capacities as a potential Hedge Bank or
potential Bank Product Lender) and the Issuing Lender irrevocably authorize the Agent, at its option and in its discretion, 

(i) to release any Lien on any property granted to or held by the Agent under any Loan Document (x) upon termination of
all Commitments and payment in full of all Secured Obligations (other than contingent indemnification obligations) and the expiration or termination of all Letters of Credit (other than Letters of Credit as to which other arrangements satisfactory
to the Agent and the applicable Issuing Lender shall have been made), (y) 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 under the Loan
Documents, or (z) subject to Section 11.2, if approved, authorized or ratified in writing by the Requisite Lenders; 

(ii) to subordinate any Lien on any property granted to or held by the Agent under any Loan Document to the holder of any Lien
on such property that is permitted by Section 6.9(g); and 
 (iii) to release any Subsidiary Guarantor from its
obligations under the Subsidiary Guaranty if such Person ceases to be a Subsidiary Guarantor as a result of a transaction permitted under the Loan Documents. 

Upon request by the Agent at any time, the Requisite Lenders will confirm in writing the Agent’s authority to release or subordinate its
interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty pursuant to this Section 10.10. In each case as specified in this Section 10.10, the Agent will, at
Borrower’s expense, execute and deliver to Borrower or any Subsidiary Guarantor, as applicable, such documents as Borrower or such Subsidiary Guarantor may reasonably request to evidence the release of such item of Collateral from the
assignment and security interest granted under the Security Agreements or to subordinate its interest in such item, or to release such Subsidiary Guarantor from its obligations under the Subsidiary Guaranty, in each case in accordance with the terms
of the Loan Documents and this Section 10.10. 
 (b) The 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 Agent’s Lien thereon, or any certificate prepared by Borrower or any
Subsidiary Guarantor in connection therewith, nor shall the Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 

10.11 Secured Hedging Agreements; Bank Products. Except as otherwise expressly set forth herein, no Hedge Bank or Bank Product
Lender that obtains the benefit of the provisions of Section  

  
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9.2, the Subsidiary Guaranty or any Collateral by virtue of the provisions hereof or any Security Agreements 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) (or to notice of or to consent to any amendment, waiver or modification of the provisions
hereof or of the Subsidiary Guaranty or any Security Agreements) 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 10 to
the contrary, the Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Hedging Agreements or Bank Products except to the extent
expressly provided herein and unless the Agent has received a Secured Party Designation Notice of such Secured Obligations, together with such supporting documentation as the Agent may request, from the applicable Hedge Bank or Bank Product Lender,
as the case may be. The Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Hedging Agreements or Bank Products in the case of a
Maturity Date. 
 10.12 Reimbursement by Lenders. To the extent that the Loan Parties for any reason fail to indefeasibly pay
any amount required under Section 11.3 or 11.11 to be paid by them to the Agent (or any sub-agent thereof), the Issuing Lender, the Swing Line Lender or any Related Party of any of the foregoing, each Lender severally agrees to
pay to the Agent (or any such sub-agent), the Issuing Lender, the Swing Line Lender or such Related Party, as the case may be, such Lender’s Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment
is sought based on each Lender’s share of the outstanding Loans, unfunded Commitments and participation interests in Swing Line Loans and L/C Obligations of all Lenders at such time at such time) of such unpaid amount (including any such unpaid
amount in respect of a claim asserted by such Lender), such payment to be made severally among them based on such Lenders’ Pro Rata Share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought),
provided, further that, the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Agent (or any such sub-agent), the Issuing Lender or the
Swing Line Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Agent (or any such sub-agent), the Issuing Lending or the Swing Line Lender in connection with such capacity. The obligations of the
Lenders under this Section are subject to the provisions of Section 11.4. 
 ARTICLE 11 

MISCELLANEOUS 
 11.1
Cumulative Remedies; No Waiver. The rights, powers, privileges and remedies of the Agent, the Issuing Lender and the Lenders provided herein or in any Note or other Loan Document are cumulative and not exclusive of any right, power,
privilege or remedy provided by Law or equity. No failure or delay on the part of the Agent or any Lender in exercising any right, power, privilege or remedy may be, or may be deemed to be, a waiver thereof; nor may any single or partial exercise of
any right, power, privilege or remedy preclude any other or further exercise of the same or any other right, power, privilege or remedy. The terms and conditions of Article 8 hereof are inserted for the sole benefit of the Agent and the
Lenders; the same may be waived in whole or in part, with or without terms or conditions, in respect of any Loan without prejudicing the Agent’s or the Lenders’ rights to assert them in whole or in part in respect of any other Loan. 

11.2 Amendments; Consents. Other than (i) as provided in Section 2.8 with respect to any New Term Loans or New
Revolving Commitments and (ii) as provided in Section 2.12 with respect to an Extended Facility Agreement, no amendment, modification, supplement, extension, termination or waiver of any provision of this Agreement or any other Loan
Document, no approval or consent thereunder, and 

  
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no consent to any departure by Borrower or any other Loan Party therefrom, may in any event be effective unless in writing signed by the Agent with the written approval of the Requisite Lenders
(and, in the case of any amendment, modification or supplement of or to any Loan Document to which Borrower is a party, signed by Borrower, and, in the case of any amendment, modification or supplement to Article 10, signed by the Agent), and
then only in the specific instance and for the specific purpose given; provided that no such amendment, modification, supplement, termination, waiver or consent may be effective (in each case, other than (i) as provided in
Section 2.8 with respect to any New Term Loans or New Revolving Commitments and (ii) as provided in Section 2.12 with respect to an Extended Facility Agreement): 

(a) to (i) reduce the principal of or the rate of interest payable on, any Loan (provided that no amendment resulting in
the payment of a higher rate of interest to any Lender or group of Lenders within the same class than the rate of interest payable to the other Lenders of the same class hereunder shall be permitted without the written consent of all Lenders of such
class), (ii) increase the amount of the Commitments, (iii) (subject to the last 2 paragraphs of this Section 11.2) amend or modify the Pro Rata Share of any Lender, (iv) reduce the amount of any fee or amount payable to
any Lender under the Loan Documents or (v) waive an Event of Default consisting of the failure of Borrower to pay when due principal, interest or any fee owing under any Loan Document, without the written consent of each Lender directly
affected thereby; 
 (b) to postpone any date fixed for any payment or prepayment of principal of or any installment of
interest on, any Loan or any installment of any fee or other amount payable to any Lender under the Loan Documents, or to extend the applicable “Maturity Date,” or to extend the term of the Commitments, without the written consent of each
Lender directly affected thereby; 
 (c) except as set forth in the last paragraph of this Section 11.2, to amend
the definition of “Requisite Lenders” without the written consent of each Lender; 
 (d) to release any Subsidiary
Guarantor from its Subsidiary Guaranty if the assets and net income of such Restricted Subsidiary as of the most recently-ended Fiscal Year, together with the assets and net income of each other Subsidiary Guarantor released on or after the Closing
Date (in each case as of the Fiscal Year most-recently ended prior to such release), would exceed 40% of (i) Net Income or (ii) Consolidated Total Assets as at the end of such Fiscal Year, without the written consent of each Lender; or to
release all or substantially all of the Collateral from the Lien of the Loan Documents without the written consent of each Lender; 

(e) to amend or waive Section 8.1 or this Section 11.2 without the written consent of each Lender; 

(f) change Sections 3.10(b) or 9.2(d) in a manner that would alter the pro rata sharing or order of payments
required thereby without the written consent of each Lender directly affected thereby; 
 (g) to amend any provision of this
Agreement that expressly requires the consent or approval of all or a specified portion of the Lenders without the written consent of all Lenders or such specified portion of the Lenders, as applicable. 

Notwithstanding anything to the contrary in this Section 11.2, in the event that Borrower awards any agent or other titles under this Agreement to
Lenders, whether existing Lenders or New Lenders, the Agent and Borrower may enter into amendments to this Agreement to the extent necessary to reflect such title(s). 

  
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 Any amendment, modification, supplement, termination, waiver or consent pursuant to this
Section 11.2 shall apply equally to, and shall be binding upon, all the Lenders and the Agent. 
 Notwithstanding anything to
the contrary in this Section 11.2, (i) neither Section 2.4 nor any other provision affecting the rights or duties of the Issuing Lender shall be amended without the consent of the Issuing Lender and (ii) neither
Article 10 nor any provision affecting the rights or duties of the Agent shall be amended without the consent of the Agent. 

(1) Notwithstanding anything to the contrary in this Section 11.2, the Agent is authorized by the Lenders to enter
into amendments or supplements to this Agreement, or any other Loan Document to which it is a party, with Borrower or the applicable Subsidiary Guarantor for the purpose of curing any typographical error, incorrect cross-reference, defect in form,
inconsistency, omission or ambiguity herein or therein (without any consent or approval by the Lenders). 
 (2)
Notwithstanding anything to the contrary in this Section 11.2, (i) the Agent and Borrower or applicable Subsidiary Guarantor may enter into amendments, supplements or modifications to the Loan Documents or additional Loan Documents
to reflect additional Collateral provided under the Loan Documents or effect releases of Collateral or guarantees permitted by the Loan Documents, or to take such further actions in respect of the Security Documents as contemplated hereunder and
thereunder (ii) the Agent and Borrower may make amendments and supplements to the Loan Documents to add additional Lenders, Extending Revolving Lenders and Extending Term Loan Lenders to the Credit Agreement, including the definitions of
“Requisite Lenders” and “Pro Rata Share” and (iii) the Agent and Borrower may make amendments, modifications and supplements to the Agent Fee Letter. 

11.3 Costs and Expenses. Borrower shall pay, within five (5) Banking Days after demand, the Agent and the Arrangers for all
reasonable and documented out-of-pocket expenses incurred by the Agent and the Arrangers in connection with the preparation, execution, delivery and administration of this Agreement and the other Loan Documents and any amendment, waiver, consent or
other modification of the provisions hereof and thereof (whether or not the transactions contemplated thereby are consummated), limited, in the case of legal fees and expenses, to the reasonable and documented fees, expenses and disbursements of one
counsel to the Agent and the Arrangers taken as a whole (and of special counsel and a single local counsel in each relevant jurisdiction (which may be a single local counsel acting in multiple jurisdictions)) (in each case, except allocated costs of
in-house counsel) and (ii) the Agent and the Lenders for all reasonable and documented out-of-pocket costs and expenses incurred in connection with the enforcement of any rights or remedies under this Agreement or the other Loan Documents
(limited in the case of out-of-pocket legal fees and expenses, to the reasonable and documented fees, expenses and disbursements of one counsel to the Agent and the Lenders taken as a whole (and of special counsel and a single local counsel in each
relevant jurisdiction (which may be a single local counsel acting in multiple jurisdictions) and, solely in the event of an actual or perceived conflict of interest between the Agent and the Lenders, where the Lender or Lenders affected by such
conflict of interest inform Borrower in writing of such conflict of interest and thereafter retain its or their own counsel, one additional special counsel and one additional counsel in each relevant jurisdiction to each group of affected Lenders
similarly situated taken as a whole) (in each case, except allocated costs of in-house counsel)). Any amount payable to the Agent, the Issuing Lender or any Lender under this Section 11.3 shall bear interest from the fifth Banking Day
following the date of demand for payment at the Default Rate. This Section 11.3 shall survive termination of this Agreement. 

  
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 11.4 Nature of Lenders’ Obligations. The obligations of the Lenders hereunder
are several and not joint or joint and several. Nothing contained in this Agreement or any other Loan Document and no action taken by the Agent or the Lenders or any of them pursuant hereto or thereto may, or may be deemed to, make the Lenders a
partnership, an association, a joint venture or other entity, either among themselves or with Borrower or any Affiliate of Borrower. 

11.5 Survival of Representations and Warranties. All representations and warranties contained herein or in any other Loan
Document, or in any certificate or other writing delivered by or on behalf of any one or more of the Loan Parties to any Loan Document, will survive the making of the Loans hereunder and the execution and delivery of the Loan Documents, and have
been or will be relied upon by the Agent and each Lender, notwithstanding any investigation made by the Agent or any Lender or on their behalf. 

11.6 Notices. Except as otherwise expressly provided in the Loan Documents, all notices, requests, demands, directions and other
communications provided for hereunder or under any other Loan Document must be in writing and must be mailed, telegraphed, faxed, dispatched by commercial courier or delivered to the appropriate party at the address set forth on the signature pages
of this Agreement or other applicable Loan Document or, as to any party to any Loan Document, at any other address as may be designated by it in a written notice sent to all other parties to such Loan Document in accordance with this Section. Except
as otherwise expressly provided in any Loan Document, if any notice, request, demand, direction or other communication required or permitted by any Loan Document is given by mail it will be effective on the earlier of receipt or the fourth Banking
Day after deposit in the United States mail with first class or airmail postage prepaid; if given by facsimile, when sent; if dispatched by commercial courier, on the scheduled delivery date; or if given by personal delivery, when delivered. Notices
and other communications to the Lenders and the Issuing Lender hereunder may be delivered electronically as set forth in Section 7.4. 

11.7 Execution of Loan Documents. Unless the Agent otherwise specifies with respect to any Loan Document, (a) this
Agreement and any other Loan Document may be executed in any number of counterparts and any party hereto or thereto may execute any counterpart, each of which when executed and delivered will be deemed to be an original and all of which counterparts
of this Agreement or any other Loan Document, as the case may be, when taken together will be deemed to be but one and the same instrument and (b) execution of any such counterpart may be evidenced by a facsimile or electronic transmission of
the signature of such party. The execution of this Agreement or any other Loan Document by any party hereto or thereto will not become effective until counterparts hereof or thereof, as the case may be, have been executed by all the parties hereto
or thereto. 
 11.8 Binding Effect; Assignment. 

(a) This Agreement and the other Loan Documents to which Borrower is a party will be binding upon and inure to the benefit of
Borrower, the Agent, each of the Lenders, and their respective successors and assigns, except that Borrower may not assign its rights hereunder or thereunder or any interest herein or therein without the prior written consent of all the
Lenders. Each Lender represents that it is not acquiring its Advances and other Obligations hereunder with a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended (subject to any requirement that disposition
of such Note must be within the control of such Lender). Any Lender may at any time pledge its Note or any other instrument evidencing its rights as a Lender under this Agreement to a Federal Reserve Bank, but no such pledge shall release that
Lender from its obligations hereunder or grant to such Federal Reserve Bank the rights of a Lender hereunder absent foreclosure of such pledge. 

  
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 (b) From time to time following the Closing Date, each Lender may assign to one
or more Eligible Assignees all or any portion of its respective Commitments and the Loans; provided that (i) such Eligible Assignee, if not then a Lender or an Affiliate of the assigning Lender, shall be approved by the Agent and
the Issuing Lender and (if no Event of Default pursuant to Section 9.1(a), (b) or (j) then exists) Borrower (neither of which approvals shall be unreasonably withheld or delayed); provided that
(x) Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Agent within 10 Banking Days after having received notice thereof and (y) approval of the Issuing Lender shall
not be required in connection with the assignment of any New Term Loans, (ii) no such assignment shall be made to (A) Borrower or any of Borrower’s Affiliates or Subsidiaries or (B) to any Defaulting Lender or any of its
Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), (iii) such assignment shall be evidenced by an Assignment and Acceptance, a copy of which shall be
furnished to the Agent as herein below provided, (iv) except in the case of an assignment to an Affiliate of the assigning Lender, to another Lender or of the entire remaining Commitments and/or Loans of the assigning Lender, the assignment
shall not assign any portion of any Commitment and/or Loans that is equivalent to less than $5,000,000 (or, in the case of any New Term Loans, such other minimum amount as may be set forth in the applicable New Term Facility Supplement;
provided that such minimum amount shall not be less than $1,000,000) and (v) the effective date of any such assignment shall be as specified in the Assignment and Acceptance, but not earlier than the date which is five (5) Banking
Days after the date the Agent has received the Assignment and Acceptance. Upon the effective date of such Assignment and Acceptance, the Eligible Assignee named therein shall be a Lender for all purposes of this Agreement, with the Pro Rata Share of
the Commitments and/or Loans therein set forth and, to the extent of such Pro Rata Share, the assigning Lender shall be released from its further obligations under this Agreement; 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. Borrower agrees that, to the extent requested by
any such Lender, it shall execute and deliver (against delivery by the assigning Lender to Borrower of its Notes) to such assignee Lender, Notes evidencing that assignee Lender’s respective Commitments and/or Loans, and to the assigning Lender,
Notes evidencing the remaining balance of its respective Commitments and/or Loans. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to
the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by
the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of Borrower and the 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 Agent, the Issuing Lender, the Swing Line Lender and each other
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 Pro Rata Share. 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. 
 (c) By
executing and delivering an Assignment and Acceptance, the Eligible Assignee thereunder acknowledges and agrees that: (i) other than the representation and warranty 

  
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that it is the legal and beneficial owner of the Commitments and/or Loans being assigned thereby free and clear of any adverse claim, the assigning Lender has made no representation or warranty
and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness or sufficiency of this Agreement or any other
Loan Document; (ii) the assigning Lender has made no representation or warranty and assumes no responsibility with respect to the financial condition of Borrower or the performance by Borrower of the Obligations; (iii) it has received a
copy of this Agreement, together with copies of the most recent financial statements delivered pursuant to Section 7.1 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Acceptance; (iv) it will, independently and without reliance upon the Agent or any Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under this Agreement; (v) it appoints and authorizes the Agent to take such action and to exercise such powers under this Agreement as are delegated to the Agent by this Agreement; (vi) it will
perform in accordance with their terms all of the obligations which by the terms of this Agreement are required to be performed by it as a Lender; and (vii) it is not a Disqualified Institution. 

(d) The Agent shall maintain at the Agent’s Office a copy of each Assignment and Acceptance delivered to it and a register
(the “Register”) of the names and address of each of the Lenders and the Pro Rata Share of the Commitments and/or the principal amounts (and stated interest) of the Loans held by each Lender, giving effect to each Assignment and
Acceptance. The Register shall be available during normal business hours for inspection by Borrower or any Lender upon reasonable prior notice to the Agent. After receipt of a completed Assignment and Acceptance executed by any Lender and an
Eligible Assignee, and receipt of an assignment fee of $3,500 from such Lender or Eligible Assignee, the Agent shall, promptly following the effective date thereof, provide to Borrower and the Lenders a revised Schedule 1.1 giving effect
thereto. Borrower, the Agent and the Lenders shall deem and treat the Persons listed as Lenders in the Register as the holders and owners of the Commitments and/or Loans listed therein for all purposes hereof, and no assignment or transfer of any
such Commitments and/or Loans shall be effective, in each case unless and until an Assignment and Acceptance effecting the assignment or transfer thereof shall have been accepted by the Agent and recorded in the Register as provided above. Prior to
such recordation, all amounts owed with respect to the Commitments and/or Loans shall be owed to the Lender listed in the Register as the owner thereof, and any request, authority or consent of any Person who, at the time of making such request or
giving such authority or consent, is listed in the Register as a Lender shall be conclusive and binding on any subsequent holder, assignee or transferee of the corresponding Commitments and/or Loans. 

(e) Each Lender may from time to time grant participations to one or more banks or other financial institutions (other than a
Disqualified Institution, a Defaulting Lender or Borrower or any of Borrower’s Affiliates or Subsidiaries) in a portion of the Commitments and/or Loans; provided, however, that (i) such Lender’s obligations under this
Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, (iii) the participating banks or other financial institutions shall not be a Lender
hereunder for any purpose except, if the participation agreement so provides, for the purposes of Sections 3.6, 3.7, 3.11, 11.11 and 11.22 but only to the extent that the cost of such benefits to
Borrower does not exceed the cost which Borrower would have incurred in respect of such Lender absent the participation, (iv) Borrower, the Agent and the other Lenders shall continue to deal solely and directly with such Lender in connection
with such Lender’s rights and obligations under this Agreement, (v) the participation interest shall be expressed as a percentage of the granting Lender’s Commitments and/or Loans as it then exists and shall not restrict an

  
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increase in the Commitments and/or Loans, or in the granting Lender’s Commitments and/or Loans, so long as the amount of the participation interest is not affected thereby, (vi) the
holder of the participation interest shall abide by the confidentiality provisions set forth herein and (vii) the consent of the holder of such participation interest shall not be required for amendments or waivers of provisions of the Loan
Documents other than those which (a) extend the applicable Maturity Date or any other date upon which any payment of money is due to the Lenders, (b) reduce the rate of interest on the Loan, any fee or any other monetary amount
payable to the Lenders, (c) reduce the amount of any installment of principal due with respect to the Loan, (d) release any Subsidiary Guaranty, or (e) release all or substantially all of the Collateral from the Lien of the Collateral
Documents, except if such release of Collateral occurs in connection with a Disposition permitted under Section 6.2 or grant of a purchase-money Lien of the type permitted by Section 6.9(g) (unless the holder of such Lien
does not prohibit a subordinate Lien on the acquired property or assets, in which case the Agent shall subordinate its Lien on such acquired property or assets in a manner acceptable to the holder of the purchase-money Lien without the need for the
consent of any Lender), in which case such release shall not require the consent of any of the Lenders or of any holder of a participation interest in the Commitments and/or Loans. In the event that a participation has been granted pursuant to this
Section 11.8(e) to a financial institution that is not a U.S. Person, then, upon request made by Borrower or the Agent to the Lender which granted such participation, such Lender shall cause such participant financial institution to
deliver the same documents and information to Borrower and the Agent as would be required under Section 3.11(g) if such financial institution were a Lender. Each Lender that grants a participation shall, acting solely for this purpose as
a non-fiduciary agent of Borrower, maintain a register on which it enters the name and address of each participant and the principal amounts (and stated interest) of each participant’s interest in the Loan 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. 

(f) (i) No assignment or participation shall be made to any Person that was a Disqualified Institution as of the date (the
“Trade Date”) on which the assigning Lender entered into a binding agreement to sell and assign all or a portion of its rights and obligations under this Agreement to such Person (unless the Borrower has consented to such assignment
in its sole and absolute discretion, in which case such Person will not be considered a Disqualified Institution for the purpose of such assignment or participation); provided, however, that during the continuation of Event of Default
under Section 9.1(a), 9.1(b) or 9.1(j), no consent of Borrower shall be required to make an assignment or participation to a Disqualified Institution. For the avoidance of doubt, with respect to any assignee that becomes a
Disqualified Institution after the applicable Trade Date (including as a result of the delivery of a notice pursuant to, and/or the expiration of the notice period referred to in, the definition of “Disqualified Institution”),
(x) such assignee shall not retroactively be disqualified from becoming a Lender and (y) the execution by Borrower of an Assignment and Assumption with respect to such assignee will not by itself result in such assignee no longer being
considered a Disqualified Institution (provided that no additional assignment or participation shall be made to any Person that becomes a Disqualified Institution unless an Event of Default under Section 9.1(a), 9.1(b) or
9.1(j) has occurred and is continuing). 

  
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Any assignment in violation of this clause (f)(i) shall not be void, but the other provisions of this clause (f) shall apply. 

(ii) If any assignment or participation is made to any Disqualified Institution without Borrower’s prior consent in
violation of clause (i) above, or if any Person becomes a Disqualified Institution after the applicable Trade Date, Borrower may, at its sole expense and effort, upon notice to the applicable Disqualified Institution and the Agent,
(A) terminate any Revolving Commitment of such Disqualified Institution and repay all obligations of Borrower owing to such Disqualified Institution in connection with such Revolving Commitment, (B) in the case of any outstanding Term Loan
held by Disqualified Institutions, purchase or prepay such Term Loan by paying the lesser of (x) the principal amount thereof and (y) the amount that such Disqualified Institution paid to acquire such Term Loan in each case plus accrued
interest, accrued fees and all other amounts (other than principal amounts) payable to it hereunder and/or (C) require such Disqualified Institution to assign, without recourse (in accordance with and subject to the restrictions contained in
this Section 11.8), all of its interest, rights and obligations under this Agreement to one or more Eligible Assignees at the lesser of (x) the principal amount thereof and (y) the amount that such Disqualified Institution paid
to acquire such interests, rights and obligations, in each case plus accrued interest, accrued fees and all other amounts (other than principal amounts) payable to it hereunder. Proceeds of Revolving Loans or Swing Line Advances shall not be used to
make any prepayment described in this clause (ii). 
 (iii) Notwithstanding anything to the contrary contained in this
Agreement, Disqualified Institutions that have become Lenders or Participants in violation of this Section 11.8 (A) will not (x) have the right to receive information, reports or other materials provided to Lenders by Borrower,
the Agent or any other Lender, (y) attend or participate in meetings attended by the Lenders and the Agent, or (z) access any electronic site established for the Lenders or confidential communications from counsel to or financial advisors
of the Agent or the Lenders and (B) (x) for purposes of any consent to any amendment, waiver or modification of, or any action under, and for the purpose of any direction to the Agent or any Lender to undertake any action (or refrain from
taking any action) under this Agreement or any other Loan Document, will be deemed to have consented in the same proportion as the Lenders that are not Disqualified Institutions consented to such matter, and (y) for purposes of voting on any
plan, each Disqualified Institution party hereto hereby agrees (1) not to vote on such plan, (2) if such Disqualified Institution votes on such plan notwithstanding the restriction in the foregoing clause (1), such vote will be deemed not
to be in good faith and shall be “designated” pursuant to Section 1126(e) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws), and such vote shall not be counted in determining whether the applicable
class has accepted or rejected such plan in accordance with Section 1126(c) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws) and (3) not to contest any request by any party for a determination by the
Bankruptcy Court (or other applicable court of competent jurisdiction) effectuating the foregoing clause (2). 
 (iv) The
Agent shall have the right, and Borrower hereby expressly authorizes the Agent, to (A) post the list of Disqualified Institutions provided by Borrower and any updates thereto from time to time (collectively, the “DQ List”) on
the Platform, including that portion of the Platform that is designated for “public side” Lenders and/or (B) provide the DQ List to each Lender requesting the same. 

  
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 11.9 Right of Setoff. If an Event of Default has occurred and is continuing, the
Agent, the Issuing Lender, the Agent, any Lender or any Affiliate of any Lender (but in each case only with the consent of the Requisite Lenders) may exercise its rights under Article 9 of the Uniform Commercial Code and other applicable Laws
and, to the extent permitted by applicable Laws, apply any funds in any deposit account maintained with it by Borrower and/or any Property of Borrower in its possession against the Obligations; 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 Agent for further application in accordance with the provisions of Section 2.10 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 Agent, the Issuing Lender, the Swing Line Lender and the Lenders, and (y) the Defaulting Lender shall provide promptly to the 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 Issuing Lender and their respective Affiliates under this Section are in addition
to other rights and remedies (including other rights of setoff) that such Lender, the Issuing Lender or their respective Affiliates may have. Each Lender and the Issuing Lender agrees to notify Borrower and the Agent promptly after any such setoff
and application; provided that the failure to give such notice shall not affect the validity of such setoff and application. 

11.10 Sharing of Setoffs. Each Lender severally agrees that if it, through the exercise of any right of setoff, banker’s
lien or counterclaim against Borrower, or otherwise receives payment of the Obligations held by it that is ratably more than any other Lender, through any means, receives in payment of the Obligations held by that Lender (in each case, other than
(x) payment made by or on behalf of 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 or Disqualified Institution), (y) the
application of Cash Collateral provided for in Section 2.11 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 (other than an assignment to Borrower or any Subsidiary thereof, as to which the provisions of this Section shall apply), then, subject to applicable Laws: (a) the Lender exercising the right of
setoff, banker’s lien or counterclaim or otherwise receiving such payment shall purchase, and shall be deemed to have simultaneously purchased, from each of the other Lenders a participation in the Obligations held by the other Lenders and
shall pay to the other Lenders a purchase price in an amount so that the share of the Obligations held by each Lender after the exercise of the right of setoff, banker’s lien or counterclaim or receipt of payment shall be in the same proportion
that existed prior to the exercise of the right of setoff, banker’s lien or counterclaim or receipt of payment; and (b) such other adjustments and purchases of participations shall be made from time to time as shall be equitable to ensure
that all of the Lenders share any payment obtained in respect of the Obligations ratably in accordance with each Lender’s share of the Obligations immediately prior to, and without taking into account, the payment; provided that, if all
or any portion of a disproportionate payment obtained as a result of the exercise of the right of setoff, banker’s lien, counterclaim or otherwise is thereafter recovered from the purchasing Lender by Borrower or any Person claiming through or
succeeding to the rights of Borrower, the purchase of a participation shall be rescinded and the purchase price thereof shall be restored to the extent of the recovery, but without interest. Each Lender that purchases a participation in the
Obligations pursuant to this Section 11.10 shall from and after the purchase have the right to give all notices, requests, demands, directions and other communications under this Agreement with respect to the portion of the Obligations
purchased to the same extent as though the purchasing Lender were the original owner of the Obligations purchased. Borrower expressly consents to the foregoing arrangements and agrees that any Lender holding a participation in an Obligation so
purchased pursuant to this Section 11.10 may exercise any and all rights of setoff, banker’s lien or counterclaim with respect to the participation as fully as if the Lender were the original owner of the Obligation purchased. 

  
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 11.11 Indemnity by Borrower. Borrower agrees to indemnify, save and hold harmless
the Agent, the Issuing Lender, the Swing Line Lender, the Arrangers and each Lender and their respective Affiliates, directors, officers, agents, attorneys and employees (collectively the “Indemnitees”) from and against:
(a) any and all claims, demands, actions or causes of action if the claim, demand, action or cause of action arises out of or relates to any act or omission (or alleged act or omission) of Borrower, its Affiliates or any of its officers,
directors or stockholders relating to the Commitment, the use or contemplated use of proceeds of any Loan, or the relationship of Borrower and the Lenders under this Agreement; (b) any administrative or investigative proceeding by any
Governmental Agency arising out of or related to a claim, demand, action or cause of action described in clause (a) above; and (c) any and all liabilities, losses, reasonable costs or expenses (including reasonable attorneys’ fees and
the reasonably allocated costs of attorneys employed by any Indemnitee and disbursements of such attorneys and other professional services) that any Indemnitee suffers or incurs as a result of the assertion of any foregoing claim, demand, action or
cause of action; provided that no Indemnitee shall be entitled to indemnification for any loss caused by its own gross negligence or willful misconduct (determined to be so by a final determination of a court of competent jurisdiction) or for
any loss asserted against it by another Indemnitee. If any claim, demand, action or cause of action is asserted against any Indemnitee, such Indemnitee shall promptly notify Borrower, but the failure to so promptly notify Borrower shall not affect
Borrower’s obligations under this Section unless such failure materially prejudices Borrower’s right to participate in the contest of such claim, demand, action or cause of action, as hereinafter provided. Such Indemnitee may (and
shall, if requested by Borrower in writing) contest the validity, applicability and amount of such claim, demand, action or cause of action and shall permit Borrower to participate in such contest. Such Indemnitee shall act reasonably and in good
faith in dealing with such claim, demand, action or cause of action, including in electing whether to offer or accept any settlement or compromise of such claim, demand, action or cause of action. Borrower shall have the burden of establishing the
lack of good faith or reasonableness of such Indemnitee. Any Indemnitee that proposes to settle or compromise any claim or proceeding for which Borrower may be liable for payment of indemnity hereunder shall give Borrower written notice of the terms
of such proposed settlement or compromise reasonably in advance of settling or compromising such claim or proceeding and shall obtain Borrower’s prior written consent (which shall not be unreasonably withheld or delayed). In connection with any
claim, demand, action or cause of action covered by this Section 11.11 against more than one Indemnitee, all such Indemnitees shall be represented by the same legal counsel (which may be a law firm engaged by the Indemnitees or attorneys
employed by an Indemnitee or a combination of the foregoing) selected by the Indemnitees and reasonably acceptable to Borrower; provided, that if such legal counsel determines in good faith that representing all such Indemnitees would or
could result in a conflict of interest under Laws or ethical principles applicable to such legal counsel, then to the extent reasonably necessary to avoid such a conflict of interest or to permit unqualified assertion of such a defense or
counterclaim, each affected Indemnitee shall be entitled to separate representation by legal counsel selected by that Indemnitee and reasonably acceptable to Borrower, with all such legal counsel using reasonable efforts to avoid unnecessary
duplication of effort by counsel for all Indemnitees; and further provided that the Agent (as an Indemnitee) shall at all times be entitled to representation by separate legal counsel (which may be a law firm or attorneys employed by the Agent or a
combination of the foregoing). Any obligation or liability of Borrower to any Indemnitee under this Section 11.11 shall survive the expiration or termination of this Agreement and the repayment of all Loans and the payment and
performance of all other Secured Obligations owed to the Lenders. Notwithstanding anything to the contrary herein, Borrower shall not be liable under this Section 11.11 for any amounts in respect of Indemnified Taxes, which shall be
governed exclusively by Section 3.11, or any amounts in respect of Excluded Taxes. Without limiting Borrower’s indemnification obligations above, to the fullest extent permitted by applicable law, no party hereto shall assert, and
each other party hereto hereby waives, any claim against Borrower, any of its Subsidiaries or any Indemnitee, 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 

  
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contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof (other than in respect of any such damages incurred or paid
by an Indemnitee to a third party and to which such Indemnitee is otherwise entitled to indemnification as provided above). 
 11.12
Nonliability of the Lenders. Borrower acknowledges and agrees that: 
 (a) Any inspections of any Property of
Borrower made by or through the Agent, the Issuing Lender or the Lenders are for purposes of administration of the Loan only and Borrower is not entitled to rely upon the same (whether or not such inspections are at the expense of Borrower); 

(b) By accepting or approving anything required to be observed, performed, fulfilled or given to the Agent, the Issuing Lender
or the Lenders pursuant to the Loan Documents, neither the Agent, the Issuing Lender nor the Lenders shall be deemed to have warranted or represented the sufficiency, legality, effectiveness or legal effect of the same, or of any term, provision or
condition thereof, and such acceptance or approval thereof shall not constitute a warranty or representation to anyone with respect thereto by the Agent, the Issuing Lender or the Lenders; 

(c) The relationship between Borrower and the Agent, the Issuing Lender and the Lenders is, and shall at all times remain,
solely that of borrowers and lenders; neither the Agent, the Issuing Lender nor the Lenders shall under any circumstance be construed to be partners or joint venturers of Borrower or its Affiliates; neither the Agent, the Issuing Lender nor the
Lenders shall under any circumstance be deemed to be in a relationship of confidence or trust or a fiduciary relationship with Borrower or its Affiliates, or to owe any fiduciary duty to Borrower or its Affiliates; neither the Agent, the Issuing
Lender nor the Lenders undertake or assume any responsibility or duty to Borrower or its Affiliates to select, review, inspect, supervise, pass judgment upon or inform Borrower or its Affiliates of any matter in connection with their Property or the
operations of Borrower or its Affiliates; Borrower and its Affiliates shall rely entirely upon their own judgment with respect to such matters; and any review, inspection, supervision, exercise of judgment or supply of information undertaken or
assumed by the Agent, the Issuing Lender or the Lenders in connection with such matters is solely for the protection of the Agent, the Issuing Lender and the Lenders and neither Borrower nor any other Person is entitled to rely thereon; and 

(d) The Agent, the Issuing Lender and the Lenders shall not be responsible or liable to any Person for any loss, damage,
liability or claim of any kind relating to injury or death to Persons or damage to Property caused by the actions, inaction or negligence of Borrower and/or its Affiliates and Borrower hereby indemnifies and holds the Agent, the Issuing Lender and
the Lenders harmless on the terms set forth in Section 11.11 from any such loss, damage, liability or claim. 
 11.13 No
Third Parties Benefited. This Agreement is made for the purpose of defining and setting forth certain obligations, rights and duties of Borrower, the Agent and the Lenders in connection with the Loans, and is made for the sole benefit of
Borrower, the Agent and the Lenders, and the Agent’s and the Lenders’ successors and assigns. Except as provided in Sections 11.8 and 11.11, no other Person shall have any rights of any nature hereunder or by reason
hereof. 
 11.14 Confidentiality. Each Lender agrees to hold any confidential information that it may receive from Borrower in
connection with this Agreement in confidence, except for disclosure: (a) to other Lenders or Affiliates of a Lender; (b) to legal counsel and accountants for Borrower or any Lender; (c) to other professional advisors to Borrower or
any Lender, provided that the recipient has accepted 

  
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such information subject to a confidentiality agreement substantially similar to this Section 11.14; (d) to regulatory officials having jurisdiction over that Lender (including
any self-regulatory authority, such as the National Association of Insurance Commissioners), (e) as required by Law or legal process, provided that each Lender agrees to notify Borrower of any such disclosures unless prohibited by applicable
Laws, or in connection with any legal proceeding to which that Lender and Borrower are adverse parties; (f) to another financial institution in connection with a disposition or proposed disposition to that financial institution of all or part
of that Lender’s interests hereunder or a participation interest in its Loan, or to a prospective Lender pursuant to Section 2.8(c), provided that the recipient has accepted such information subject to a confidentiality
agreement substantially similar to this Section 11.14, (g) in connection with the exercise of remedies under any of the Loan Documents, (h) on a confidential basis to any rating agency in connection with rating Borrower or its
Subsidiaries or the credit facilities provided hereunder and (i) on a confidential basis to the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with
respect to the credit facilities provided hereunder. For purposes of the foregoing, “confidential information” shall mean any information respecting Borrower or its Subsidiaries reasonably considered by Borrower to be confidential, other
than (i) information previously filed with any Governmental Agency and available to the public, (ii) information previously published in any public medium from a source other than, directly or indirectly, that Lender, and
(iii) information previously disclosed by Borrower to any Person not associated with Borrower which does not owe a professional duty of confidentiality to Borrower or which has not executed an appropriate confidentiality agreement with
Borrower. Nothing in this Section shall be construed to create or give rise to any fiduciary duty on the part of the Agent or the Lenders to Borrower. 

11.15 Further Assurances. Borrower shall, at its expense and without expense to the Lenders or the Agent, do, execute and
deliver such further acts and documents as the Requisite Lenders, the Agent from time to time reasonably requires for the assuring and confirming unto the Lenders or the Agent, of the rights hereby created or intended now or hereafter so to be, or
for carrying out the intention or facilitating the performance of the terms of any Loan Document 
 11.16 Integration. This
Agreement, together with the other Loan Documents, comprises the complete and integrated agreement of the parties on the subject matter hereof and supersedes all prior agreements, written or oral, on the subject matter hereof. In the event of any
conflict between the provisions of this Agreement and those of any other Loan Document, the provisions of this Agreement shall control and govern; provided that the inclusion of supplemental rights or remedies in favor of the Agent or the Lenders in
any other Loan Document shall not be deemed a conflict with this Agreement. Each Loan Document was drafted with the joint participation of the respective parties thereto and shall be construed neither against nor in favor of any party, but rather in
accordance with the fair meaning thereof. 
 11.17 GOVERNING LAW; VENUE 

EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN ANY OF THE LOAN DOCUMENTS, IN ALL RESPECTS, INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND
PERFORMANCE, THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND THE OBLIGATIONS ARISING HEREUNDER AND THEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF CALIFORNIA APPLICABLE TO CONTRACTS MADE AND
PERFORMED IN SUCH STATE, WITHOUT REGARD TO THE PRINCIPLES THEREOF REGARDING CONFLICTS OF LAWS, AND ANY APPLICABLE LAWS OF THE UNITED STATES. BORROWER HEREBY CONSENTS AND AGREES THAT THE STATE OR FEDERAL COURTS LOCATED IN SAN DIEGO COUNTY, CALIFORNIA
SHALL HAVE EXCLUSIVE JURISDICTION TO HEAR AND DETERMINE ANY CLAIMS OR DISPUTES BETWEEN BORROWER AND ANY SECURED PARTY PERTAINING TO 

  
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THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR TO ANY MATTER ARISING OUT OF OR RELATED TO THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS; PROVIDED, THAT EACH SECURED PARTY AND BORROWER
ACKNOWLEDGE THAT ANY APPEALS FROM THOSE COURTS MAY HAVE TO BE HEARD BY A COURT LOCATED OUTSIDE OF SAN DIEGO COUNTY, CALIFORNIA; AND FURTHER PROVIDED, THAT NOTHING IN THIS AGREEMENT SHALL BE DEEMED OR OPERATE TO PRECLUDE ANY
SECURED PARTY FROM BRINGING SUIT OR TAKING OTHER LEGAL ACTION IN ANY OTHER JURISDICTION TO COLLECT THE OBLIGATIONS, TO REALIZE ON THE COLLATERAL OR ANY OTHER SECURITY FOR THE OBLIGATIONS, OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE
AGENT FOR THE BENEFIT OF ITSELF AND THE OTHER SECURED PARTIES. BORROWER EXPRESSLY SUBMITS AND CONSENTS IN ADVANCE TO SUCH JURISDICTION IN ANY ACTION OR SUIT COMMENCED IN ANY SUCH COURT, AND BORROWER HEREBY WAIVES ANY OBJECTION WHICH IT MAY HAVE
BASED UPON LACK OF PERSONAL JURISDICTION, IMPROPER VENUE OR FORUM NON CONVENIENS AND HEREBY CONSENTS TO THE GRANTING OF SUCH LEGAL OR EQUITABLE RELIEF AS IS DEEMED APPROPRIATE BY SUCH COURT. BORROWER HEREBY WAIVES PERSONAL
SERVICE OF THE SUMMONS, COMPLAINT AND OTHER PROCESS ISSUED IN ANY SUCH ACTION OR SUIT AND AGREES THAT SERVICE OF SUCH SUMMONS, COMPLAINTS AND OTHER PROCESS MAY BE MADE BY REGISTERED OR CERTIFIED MAIL ADDRESSED TO BORROWER AT THE ADDRESS SET FORTH IN
SECTION 11.6 AND THAT SERVICE SO MADE SHALL BE DEEMED COMPLETED UPON THE EARLIER OF BORROWER’S ACTUAL RECEIPT THEREOF OR THREE DAYS AFTER DEPOSIT IN THE UNITED STATES MAILS, PROPER POSTAGE PREPAID. 

11.18 Severability of Provisions. Any provision in any Loan Document that is held to be inoperative, unenforceable or invalid as
to any party or in any jurisdiction shall, as to that party or jurisdiction, be inoperative, unenforceable or invalid without affecting the remaining provisions or the operation, enforceability or validity of that provision as to any other party or
in any other jurisdiction, and to this end the provisions of all Loan Documents are declared to be severable. Without limiting the foregoing provisions of this Section, 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 Agent, the Issuing Lender or the Swing Line Lender, as applicable, then such provisions shall be deemed to be in effect only to the extent not
so limited. 
 11.19 Headings. Article and Section headings in this Agreement and the other Loan Documents are
included for convenience of reference only and are not part of this Agreement or the other Loan Documents for any other purpose. 
 11.20
Time of the Essence. Time is of the essence of the Loan Documents. 
 11.21 Hazardous Material Indemnity. Borrower
hereby agrees to indemnify, hold harmless and defend (by counsel reasonably satisfactory to the Agent) the Agent and each of the Lenders and their respective directors, officers, employees, agents, successors and assigns from and against any and all
claims, losses, damages, liabilities, fines, penalties, charges, administrative and judicial proceedings and orders, judgments, remedial action requirements, enforcement actions of any kind, and all reasonable costs and expenses incurred in
connection therewith (including but not limited to reasonable attorneys’ fees and the reasonably allocated costs of attorneys employed by the Agent or any Lender, and expenses to the extent that the defense of any such action has not been
assumed by Borrower), arising directly or indirectly out of (i) the presence on, in, under or about any Real Property of any Hazardous Materials, or any releases or discharges of any Hazardous Materials on, under or from any Real Property and
(ii) any activity carried on or undertaken on or off any Real Property by Borrower or any of its predecessors in 

  
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title, whether prior to or during the term of this Agreement, and whether by Borrower or any predecessor in title or any employees, agents, contractors or subcontractors of Borrower or any
predecessor in title, or any third persons at any time occupying or present on any Real Property, in connection with the handling, treatment, removal, storage, decontamination, clean-up, transport or disposal of any Hazardous Materials at any time
located or present on, in, under or about any Real Property. The foregoing indemnity shall further apply to any residual contamination on, in, under or about any Real Property, or affecting any natural resources, and to any contamination of any
Property or natural resources arising in connection with the generation, use, handling, storage, transport or disposal of any such Hazardous Materials, and irrespective of whether any of such activities were or will be undertaken in accordance with
applicable Laws, but the foregoing indemnity shall not apply to Hazardous Materials on any Real Property, the presence of which is caused by the Agent or the Lenders. Borrower hereby acknowledges and agrees that, notwithstanding any other provision
of this Agreement or any of the other Loan Documents to the contrary, the obligations of Borrower under this Section shall be unlimited corporate obligations of Borrower and shall not be secured by any Lien on any Real Property. Any obligation
or liability of Borrower to any Indemnitee under this Section 11.21 shall survive the expiration or termination of this Agreement and the repayment of all Loans and the payment and performance of all other Obligations owed to the
Lenders. 
 11.22 DISPUTES. 

TO THE EXTENT PERMITTED BY LAW, IN CONNECTION WITH ANY CLAIM, CAUSE OF ACTION, PROCEEDING OR OTHER DISPUTE CONCERNING THE LOAN DOCUMENTS (EACH
A “CLAIM”), THE PARTIES TO THIS AGREEMENT EXPRESSLY, INTENTIONALLY, AND DELIBERATELY WAIVE ANY RIGHT EACH MAY OTHERWISE HAVE TO TRIAL BY JURY. IN THE EVENT THAT THE WAIVER OF JURY TRIAL SET FORTH IN THE PREVIOUS SENTENCE IS NOT
ENFORCEABLE UNDER THE LAW APPLICABLE TO THIS AGREEMENT, THE PARTIES TO THIS AGREEMENT AGREE THAT ANY CLAIM, INCLUDING ANY QUESTION OF LAW OR FACT RELATING THERETO, SHALL, AT THE WRITTEN REQUEST OF ANY PARTY, BE DETERMINED BY JUDICIAL REFERENCE
PURSUANT TO THE STATE LAW APPLICABLE TO THIS AGREEMENT. THE PARTIES SHALL SELECT A SINGLE NEUTRAL REFEREE, WHO SHALL BE A RETIRED STATE OR FEDERAL JUDGE. IN THE EVENT THAT THE PARTIES CANNOT AGREE UPON A REFEREE, THE COURT SHALL APPOINT THE REFEREE.
THE REFEREE SHALL REPORT A STATEMENT OF DECISION TO THE COURT. NOTHING IN THIS PARAGRAPH SHALL LIMIT THE RIGHT OF ANY PARTY AT ANY TIME TO EXERCISE SELF-HELP REMEDIES, FORECLOSE AGAINST COLLATERAL OR OBTAIN PROVISIONAL REMEDIES. THE PARTIES SHALL
BEAR THE FEES AND EXPENSES OF THE REFEREE EQUALLY, UNLESS THE REFEREE ORDERS OTHERWISE. THE REFEREE SHALL ALSO DETERMINE ALL ISSUES RELATING TO THE APPLICABILITY, INTERPRETATION, AND ENFORCEABILITY OF THIS PARAGRAPH. THE PARTIES ACKNOWLEDGE THAT IF
A REFEREE IS SELECTED TO DETERMINE THE CLAIMS, THEN THE CLAIMS WILL NOT BE DECIDED BY A JURY. 
 11.23 Purported Oral
Amendments. BORROWER EXPRESSLY ACKNOWLEDGES THAT THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS MAY ONLY BE AMENDED OR MODIFIED, OR THE PROVISIONS HEREOF OR THEREOF WAIVED OR SUPPLEMENTED, BY AN INSTRUMENT IN WRITING THAT COMPLIES WITH
SECTION 11.2. BORROWER AGREES THAT IT WILL NOT RELY ON ANY COURSE OF DEALING, COURSE OF PERFORMANCE, OR ORAL OR WRITTEN STATEMENTS BY ANY REPRESENTATIVE OF THE AGENT OR ANY BANK THAT DOES NOT COMPLY WITH SECTION 11.2 TO
EFFECT AN AMENDMENT, MODIFICATION, WAIVER OR SUPPLEMENT TO THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS. 

  
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 11.24 Patriot Act. Each Lender that is subject to the Act (as hereinafter defined)
and the Agent (for itself and not on behalf of any Lender) hereby notifies Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is
required to obtain, verify and record information that identifies Borrower, which information includes the name and address of Borrower and other information that will allow such Lender or the Agent, as applicable, to identify Borrower in accordance
with the Act. Borrower shall, promptly following a request by the Agent or any Lender, provide all documentation and other information that the 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 Act. 
 11.25 [Reserved]. 

11.26 Replacement of Lenders. If Borrower is entitled to replace a Lender pursuant to the provisions of Section 3.5,
3.6 or 3.11, if any Lender is a Defaulting Lender or if any Lender (a “Non-Consenting Lender”) has failed to consent to a proposed amendment or waiver which pursuant to the terms of Section 11.2 requires
the consent of all of the Lenders or all of the affected Lenders and with respect to which the Requisite Lenders shall have granted their consent, then in each such case Borrower shall have the right, upon three (3) Banking Days’ prior
notice (or such lesser period of notice as such Lender and the Agent may agree to) to such Lender and the Agent, to replace such Lender by requiring such Lender to assign, in accordance with Section 11.8, all of its interests, rights
(other than its existing rights to payments pursuant to Sections 3.5, 3.6 and 3.11) 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) 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) from the assignee (to the extent
of such outstanding principal and accrued interest and fees) or Borrower (in the case of all other amounts), 
 (b) the
replacement Lender shall pay the assignment fee referred to in Section 11.8(b), 
 (c) in the case of any such
assignment resulting from a claim for compensation under Section 3.5 or 3.6 or payments required to be made pursuant to Section 3.11, such assignment will result in a reduction in such compensation or payments
thereafter, 
 (d) such assignment does not conflict with applicable Laws; 

(e) in the case of an assignment resulting from a Lender becoming a Non-Consenting Lender, the replacement Lender shall grant
its consent with respect to the applicable proposed amendment or waiver. 
 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 Borrower to require such assignment and delegation cease to apply. 

11.27 Judgment Currency. If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder
in Dollars into another currency, Borrower agrees that (i) the rate of exchange used shall be that at which in accordance with normal banking procedures the Agent could purchase Dollars with such other currency at 11:00 a.m. (London time) on
the Banking Day 

  
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preceding that on which judgment is given and (ii) it agrees to indemnify, save and hold harmless the Agent, the Issuing Lender(s) and each Lender and their respective Affiliates, directors,
officers, agents, attorneys and employees from and against any and all losses, claims and demands resulting from such conversion. 

11.28 Keepwell. 

At such time as Borrower is a Qualified ECP Guarantor at the time the Subsidiary Guaranty by any Subsidiary Guarantor that is not then an
“eligible contract participant” under the Commodity Exchange Act (a “Specified Loan Party”) or the grant of a security interest under the Loan Documents by any such Specified Loan Party, in either case, becomes effective
with respect to any Swap Obligation, hereby absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Specified Loan Party with respect to such Swap Obligation as may be needed by such Specified Loan Party
from time to time to honor all of its obligations under the Loan Documents in respect of such Swap Obligation (but, in each case, only up to the maximum amount of such liability that can be hereby incurred without rendering Borrower’s
obligations and undertakings under this Section 11.28 voidable under applicable Debtor Relief Laws, and not for any greater amount). The obligations and undertakings of Borrower under this Section shall remain in full force and effect
until the Obligations have been indefeasibly paid and performed in full. Borrower intends this Section to constitute, and this Section shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each
Specified Loan Party for all purposes of the Commodity Exchange Act. 
 11.29 Acknowledgement and Consent to Bail-In of EEA Financial
Institutions. 
 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 EEA 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 EEA 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 EEA Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and 

(b) the effects of any Bail-in Action on any such liability, including, if applicable: 

(1) a reduction in full or in part or cancellation of any such liability; 

(2) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA 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 
 (3) the variation of the terms of such liability in
connection with the exercise of the write-down and conversion powers of any EEA Resolution Authority. 
 [Signature Pages Redacted]

  
 127 

 SCHEDULE I 

TO AMENDMENT 
 SCHEDULE
1.1 
 LENDER COMMITMENTS 
  

									
	 Lender
	  	 Commitment
Amount
	 	  	 Pro Rata Share
of
Commitment
	 
	 Bank of America, N.A.
	  	$	127,500,000.00	  	  	 	15.937500000	% 
	 JPMorgan Chase Bank, N.A.
	  	$	127,500,000.00	  	  	 	15.937500000	% 
	 MUFG Union Bank, N.A.
	  	$	90,000,000.00	  	  	 	11.250000000	% 
	 Credit Suisse AG, Cayman Islands Branch
	  	$	70,000,000.00	  	  	 	8.750000000	% 
	 SunTrust Bank
	  	$	70,000,000.00	  	  	 	8.750000000	% 
	 Compass Bank
	  	$	65,000,000.00	  	  	 	8.125000000	% 
	 Citizens Bank, N.A.
	  	$	65,000,000.00	  	  	 	8.125000000	% 
	 Morgan Stanley Senior Funding, Inc.
	  	$	50,000,000.00	  	  	 	6.250000000	% 
	 Bank of the West
	  	$	50,000,000.00	  	  	 	6.250000000	% 
	 ZB, N.A. dba California Bank & Trust
	  	$	30,000,000.00	  	  	 	3.750000000	% 
	 Comerica Bank
	  	$	30,000,000.00	  	  	 	3.750000000	% 
	 Umpqua Bank
	  	$	25,000,000.00	  	  	 	3.125000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	$	800,000,000.00	  	  	 	100.000000000	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00258-of-00352.parquet"}]]