Document:

EX-10.2

 Exhibit 10.2 

SECOND AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENT 

This SECOND AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENT, dated as of June 10, 2022 (as amended, restated, amended and restated,
extended, supplemented or otherwise modified from time to time, this “Security Agreement”), is made by GENTHERM INCORPORATED, a Michigan corporation (the “Company”) and each other party identified as a
“Grantor” on the signature pages hereto and such other parties as may become Grantors hereunder after the date hereof (each individually, a “Grantor” and collectively, the “Grantors”), in favor of BANK OF
AMERICA, N.A., as the administrative agent (together with its successor(s) thereto in such capacity, the “Administrative Agent”) for each of the Secured Parties. 

W I T N E S S E T H: 

WHEREAS, pursuant to that certain Amended and Restated Credit Agreement, dated as of June 27, 2019 (as amended, restated, amended
and restated, extended, supplemented or otherwise modified from time to time prior to the date hereof, the “Existing Credit Agreement”), among the Company, Gentherm (Texas), Inc., a Texas corporation (“Gentherm
Texas”), Gentherm Licensing, Limited Partnership, a Michigan limited partnership (“Gentherm Licensing US”), Gentherm Medical, LLC, an Ohio limited liability company (“Gentherm Medical”), Gentherm GmbH, a
German limited liability company (“Gentherm Germany”), Gentherm Enterprises GmbH, a German limited liability company (“Gentherm Enterprises”), Gentherm Licensing GmbH, a German limited liability company
(“Gentherm Licensing Germany”; Gentherm Licensing Germany, together with Gentherm Germany and Gentherm Enterprises, the “German Borrowers”), Gentherm Global Power Technologies Inc., an Alberta corporation
(“Global”), Gentherm Canada ULC, an Alberta unlimited liability company (“Gentherm Canada”; Gentherm Canada, together with Global, the “Canadian Borrowers”), the Designated Borrowers from time to
time party thereto (the Designated Borrowers, together with the Company, Gentherm Texas, Gentherm Licensing US, Gentherm Medical, and the German Borrowers, the “Borrowers” and each, a “Borrower”; and the Borrowers,
together with the Canadian Borrowers, the “Existing Borrowers” and each, an “Existing Borrower”), the lenders party thereto (the “Existing Lenders”) and Bank of America, N.A., as the administrative
agent, the Existing Lenders required, as a condition precedent to their entering into the Existing Credit Agreement and making extensions of credit to or for the account of the Existing Borrowers thereunder, the Existing Borrowers and the guarantors
party thereto to execute that certain Amended and Restated Pledge and Security Agreement dated as of June 27, 2019 (as amended, restated, amended and restated, extended, supplemented or otherwise modified prior to the date hereof, the
“Existing Security Agreement”); and 
 WHEREAS, the Lenders have agreed to amend and restate the Existing Credit
Agreement pursuant to the Second Amended and Restated Credit Agreement dated as of the date hereof (as amended, restated, amended and restated, supplemented, extended, increased or otherwise modified from time to time, the “Credit
Agreement”) among the Borrowers, the Lenders identified therein and the Administrative Agent; and 
 WHEREAS, it is a
condition precedent to the effectiveness of the Credit Agreement and the obligations of the Lenders to make their respective Loans and to participate in Letters of Credit under the Credit Agreement that the Grantors agree to amend and restate the
Existing Security Agreement in accordance with the terms of this Security Agreement. 

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, and in order to induce the Lenders and the L/C Issuer to make and maintain the Credit Extensions and to induce the Secured Parties to enter into Secured Swap Agreements and Secured Treasury Management Agreements, each
Grantor agrees, for the benefit of each Secured Party, as follows: 
 ARTICLE 1. 

DEFINITIONS 
 SECTION
1.1. Certain Terms. The following terms (whether or not underscored) when used in this Security Agreement, including its preamble and recitals, shall have the following meanings (such definitions to be equally applicable to
the singular and plural forms thereof): 
 “Administrative Agent” is defined in the preamble. 

“Collateral” is defined in Section 2.1. 

“Collateral Account” is defined in clause (b) of Section 4.3. 

“Company” is defined in the preamble. 

“Computer Hardware and Software Collateral” means all of the Grantors’ right, title and interest throughout the world in
and to: 
 (a) all computer and other electronic data processing hardware, integrated computer systems, central processing
units, memory units, display terminals, printers, features, computer elements, card readers, tape drives, hard and soft disk drives, cables, electrical supply hardware, generators, power equalizers, accessories and all peripheral devices and other
related computer hardware, including all operating system software, utilities and application programs in whatsoever form; 

(b) all software programs (including source code, object code and all related applications and data files), designed for use on
the computers and electronic data processing hardware described in clause (a) above; 
 (c) all firmware
associated therewith; 
 (d) all documentation (including flow charts, logic diagrams, manuals, guides, specifications,
training materials, charts and pseudo codes) with respect to such hardware, software and firmware described in the preceding clauses (a) through (c); and 

(e) all rights with respect to all of the foregoing, including copyrights, licenses, options, warranties, service contracts,
program services, test rights, maintenance rights, support rights, improvement rights, renewal rights and indemnifications and any substitutions, replacements, improvements, error corrections, updates, additions or model conversions of any of the
foregoing. 
 “Control Agreement” means an authenticated record in form and substance reasonably satisfactory to the
Administrative Agent that provides for the Administrative Agent to have “control” (as defined in the UCC) over certain Collateral. 

“Copyright Collateral” means all of the Grantors’ right, title and interest throughout the world in and to: 

(a) all copyrights, registered or unregistered and whether published or unpublished, now or hereafter in force including
copyrights registered in the United States Copyright Office and corresponding offices in other countries of the world, and registrations and recordings thereof and all applications for registration thereof, whether pending or in preparation and all
extensions and renewals of the foregoing (“Copyrights”); 

  
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 (b) all express or implied Copyright licenses and other agreements for the
grant by or to such Grantor of any right to use any items of the type referred to in clause (a) above (each a “Copyright License”), to the extent permitted by any such Copyright License; 

(c) the right to sue for past, present and future infringements of any of the Copyrights owned by such Grantor, and for breach
or enforcement of any Copyright License; and 
 (d) all proceeds of, and rights associated with, the foregoing (including
Proceeds, licenses, royalties, income, payments, claims, damages and proceeds of infringement suits). 
 “Credit Agreement”
is defined in the second recital. 
 “Distributions” means all dividends paid on Equity Interests, liquidating dividends
paid on Equity Interests, shares (or other designations) of Equity Interests resulting from (or in connection with the exercise of) stock splits, reclassifications, warrants, options, non-cash dividends,
mergers, consolidations, and all other distributions (whether similar or dissimilar to the foregoing) on or with respect to any Equity Interests constituting Collateral. 

“Existing Credit Agreement” is defined in the first recital. 

“Existing Lenders” is defined in the first recital. 

“Existing Security Agreement” is defined in the first recital. 

“Foreign Equity” is defined in Section 7.14. 

“Foreign Jurisdiction” is defined in Section 7.14. 

“Foreign Located Assets” is defined in Section 7.14. 

“Foreign Perfection” is defined in Section 7.14. 

“Filing Statements” is defined in Section 3.7(b). 

“General Intangibles” means all “general intangibles” and all “payment intangibles”, each as defined in
the UCC, and shall include all interest rate or currency protection or hedging arrangements, all tax refunds, all licenses, permits, concessions and authorizations and all Intellectual Property Collateral (in each case, regardless of whether
characterized as general intangibles under the UCC). 
 “Grantor” and “Grantors” are defined in the
preamble. 
 “Intellectual Property” means Trademarks, Patents, Copyrights, Trade Secrets and all other similar
types of intellectual property under any Law, statutory provision or common Law doctrine in the United States or anywhere else in the world. 

“Intellectual Property Collateral” means, collectively, the Computer Hardware and Software Collateral, the Copyright
Collateral, the Patent Collateral, the Trademark Collateral and the Trade Secrets Collateral. 

  
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 “IP Filings” is defined in Section 3.7(b)(ii).

 “Owned Intellectual Property Collateral” means all Intellectual Property that is owned by and used in the business of
each Grantor that is (a) not licensed to a Grantor pursuant to a Trademark License, Patent License or Copyright License; and (b) not in the public domain. 

“Patent Collateral” means all of the Grantors’ right, title and interest throughout the world in and to: 

(a) inventions and discoveries, whether patentable or not, all letters patent and applications for letters patent throughout
the world, including all patent applications in preparation for filing and all reissues, divisionals, continuations, continuations-in-part, extensions, renewals and
reexaminations of any of the foregoing (“Patents”); 
 (b) all Patent licenses, and other agreements for the
grant by or to such Grantor of any right to use any items of the type referred to in clause (a) above (each a “Patent License”), to the extent permitted by any such Patent License; 

(c) the right to sue third parties for past, present and future infringements of any Patent or Patent application, and for
breach or enforcement of any Patent License; and 
 (d) all proceeds of, and rights associated with, the foregoing (including
Proceeds, licenses, royalties, income, payments, claims, damages and proceeds of infringement suits). 
 “Permitted Liens”
means all Liens permitted by Section 7.01 of the Credit Agreement. 
 “Securities Act” is defined in
Section 6.2(a). 
 “Security Agreement” is defined in the preamble. 

“Security Agreement Supplement” is defined in Section 7.6. 

“Termination Date” means the date on which all Obligations (other than any contingent claims for indemnification or expense
reimbursement not yet asserted) have been indefeasibly paid in full in cash, all Letters of Credit have been terminated or expired (other than Letters of Credit as to which other arrangements satisfactory to the Administrative Agent and the L/C
Issuer shall have been made; provided, that, Cash Collateralization of 102% of the undrawn amount of any Letter of Credit shall constitute a satisfactory arrangement), all Secured Swap Agreements have been terminated or have been
otherwise provided for on terms reasonably satisfactory to the parties thereto and the Commitments shall have been terminated. 

“Trade Secrets Collateral” means all of the Grantors’ right, title and interest throughout the world in and to: 

(a) all common Law and statutory trade secrets and all other confidential, proprietary or useful information and all know-how (collectively referred to as “Trade Secrets”) obtained by or used in or contemplated at any time for use in the business of a Grantor, whether or not such Trade Secret has been reduced to a
writing or other tangible form, including all documents and things embodying, incorporating or referring in any way to such Trade Secret; 

  
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 (b) all Trade Secret licenses and other agreements for the grant by or to
such Grantor of any right to use any Trade Secret (each a “Trade Secret License”) including the right to sue for and to enjoin and to collect damages for the actual or threatened misappropriation of any Trade Secret and for the
breach or enforcement of any such Trade Secret License, to the extent permitted by any such Trade Secret License; and 
 (c)
all proceeds of, and rights associated with, the foregoing (including Proceeds, licenses, royalties, income, payments, claims, damages and proceeds of infringement suits). 

“Trademark Collateral” means all of the Grantors’ right, title and interest throughout the world in and to: 

(a) (i) all trademarks, trade names, corporate names, company names, business names, fictitious business names, trade
styles, service marks, certification marks, collective marks, logos and other source or business identifiers, and all goodwill of the business associated therewith, now existing or hereafter adopted or acquired, whether currently in use or not, all
registrations and recordings thereof and all applications in connection therewith, whether pending or in preparation for filing, including registrations, recordings and applications in the United States Patent and Trademark Office and corresponding
offices in other countries of the world, and all common-Law rights relating to the foregoing, and (ii) the right to obtain all reissues, extensions or renewals of the foregoing (collectively referred to
as “Trademarks”); 
 (b) all Trademark licenses and other agreements for the grant by or to such Grantor of
any right to use any Trademark (each a “Trademark License”), to the extent permitted by any such Trademark License; 

(c) all of the goodwill of the business connected with the use of, and symbolized by the Trademarks described in clause
(a) and, to the extent applicable, clause (b); 
 (d) the right to sue third parties for past, present and
future infringements or dilution of the Trademarks described in clause (a) and, to the extent applicable, clause (b) or for any injury to the goodwill associated with the use of any such Trademark or for breach or enforcement
of any Trademark License; and 
 (e) all proceeds of, and rights associated with, the foregoing (including Proceeds,
licenses, royalties, income, payments, claims, damages and proceeds of infringement suits). 
 SECTION 1.2. Credit Agreement
Definitions. Unless otherwise defined herein or the context otherwise requires, terms used in this Security Agreement, including its preamble and recitals, have the meanings provided in the Credit Agreement. 

SECTION 1.3. UCC Definitions. When used herein the terms Account, Certificated Securities, Chattel Paper,
Commercial Tort Claim, Commodity Account, Commodity Contract, Deposit Account, Document, Electronic Chattel Paper, Equipment, Goods, Instrument, Inventory, Investment Property,
Letter-of-Credit Rights, Payment Intangibles, Proceeds, Promissory Notes, Securities Account, Security Entitlement, Supporting Obligations and Uncertificated Securities
have the meaning provided in Article 8 or Article 9, as applicable, of the UCC. Letters of Credit has the meaning provided in Section 5-102 of the UCC. 

  
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 ARTICLE 2. 

SECURITY INTEREST 

SECTION 2.1. Grant of Security Interest. Each Grantor hereby grants to the Administrative Agent, for its benefit
and the ratable benefit of each other Secured Party, a continuing security interest in all of such Grantor’s right, title and interest in the following property, whether now or hereafter existing, owned or acquired by such Grantor, and wherever
located (collectively, the “Collateral”), to secure the payment and performance of the Obligations of such Grantor: 

(a) Accounts; 

(b) Chattel Paper; 

(c) Commercial Tort Claims listed on Item I of Schedule II (as such schedule may be amended or supplemented from
time to time); 
 (d) Deposit Accounts; 

(e) Documents; 

(f) Equipment; 

(g) General Intangibles; 

(h) Goods; 

(i) Instruments; 

(j) Inventory; 

(k) Investment Property; 

(l) Intellectual Property Collateral; 

(m) Letter-of-Credit Rights and Letters of
Credit; 
 (n) Supporting Obligations; 

(o) all books, records, writings, databases, information and other property relating to, used or useful in connection with,
evidencing, embodying, incorporating or referring to, any of the foregoing in this Section; 
 (p) all Proceeds and products
of the foregoing and, to the extent not otherwise included, (i) all payments under insurance (whether or not the Administrative Agent is the loss payee thereof) and (ii) all tort claims; and 

(q) all other property and rights of every kind and description and interests therein. 

  
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 Notwithstanding the foregoing, the term “Collateral” shall not include, and
the grant of a security interest as provided hereunder shall not extend to (i) Investment Property consisting of Equity Interests of any Subsidiary that is a first-tier Foreign Subsidiary, any CFC Holdco or any Disregarded Entity Borrower, in
excess of 66% of the voting Equity Interests of such entity, (ii) any asset, (x) the granting of a security interest in which would be void or illegal under any applicable governmental Law, rule or regulation, or pursuant thereto would
result in, or permit the termination of, such asset or results in a material adverse tax consequence for the Company and its Subsidiaries, taken as a whole, or (y) which contains a valid and enforceable prohibition on the creation of a security
interest therein so long as such prohibition remains in effect and is valid notwithstanding Sections 9-406 and 9-408 of the UCC, (iii) any Intellectual Property for
which a perfected Lien thereon is not effected either by filing of a Filing Statement or by appropriate evidence of such Lien being filed in either the United States Copyright Office or the United States Patent and Trademark Office, (iv) any
personal property (other than personal property described in clause (iii) above) for which the attachment or perfection of a Lien thereon is not governed by the UCC, or (v) any assets as to which the Administrative Agent and the
Company agree that the cost or other consequences of obtaining a security interest therein or perfection thereof are excessive in view of the benefits to be obtained by the Secured Parties therefrom. 

SECTION 2.2. Grantors Remain Liable. Anything herein to the contrary notwithstanding: 

(a) the Grantors will remain liable under the contracts and agreements included in the Collateral to the extent set forth
therein, and will perform all of their duties and obligations under such contracts and agreements to the same extent as if this Security Agreement had not been executed; 

(b) the exercise by the Administrative Agent of any of its rights hereunder will not release any Grantor from any of its duties
or obligations under any such contracts or agreements included in the Collateral; and 
 (c) no Secured Party will have any
obligation or liability under any contracts or agreements included in the Collateral by reason of this Security Agreement, nor will any Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any
action to collect or enforce any claim for payment assigned hereunder. 
 SECTION 2.3. Distributions on Pledged Equity
Interests. In the event that any Distribution with respect to any Equity Interests pledged hereunder is permitted to be paid (in accordance with Section 7.06 of the Credit Agreement), such Distribution or payment may be paid
directly to the applicable Grantor. If any Distribution is made in contravention of Section 7.06 of the Credit Agreement, such Grantor shall hold the same segregated and in trust for the Administrative Agent until paid to the Administrative
Agent in accordance with Section 4.1.5. 
 SECTION 2.4. Security Interest Absolute,
etc. This Security Agreement shall in all respects be a continuing, absolute, unconditional and irrevocable grant of security interest, and shall remain in full force and effect until the Termination Date has occurred. All rights of
the Secured Parties and the security interests granted to the Administrative Agent (for its benefit and the ratable benefit of each other Secured Party) hereunder, and all obligations of the Grantors hereunder, shall, in each case, be absolute,
unconditional and irrevocable irrespective of: 
 (a) any lack of validity, legality or enforceability of any Loan Document;

 (b) the failure of any Secured Party (i) to assert any claim or demand or to enforce any right or remedy against any
Loan Party or any other Person (including any other Grantor) under the provisions of any Loan Document or otherwise, or (ii) to exercise any right or remedy against any other guarantor (including any other Grantor) of, or collateral securing,
any Obligations; 

  
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 (c) any change in the time, manner or place of payment of, or in any other
term of, all or any part of the Obligations, or any other extension, compromise or renewal of any Obligations, by operation of law or otherwise; and to the fullest extent permitted by applicable Law, each Grantor waives any defense arising out of
any such extension, compromise or renewal even though such extension, compromise or renewal may operate, pursuant to applicable Law, to impair or extinguish any right or remedy of any Grantor against any Collateral; 

(d) any reduction, limitation, impairment or termination of any Obligations for any reason, including any claim of waiver,
release, surrender, alteration or compromise or any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality, nongenuineness, irregularity, compromise, unenforceability of, or any other event or
occurrence affecting, any Obligations or otherwise and shall not be subject to (and each Grantor hereby waives any right to or claim of) any of the foregoing; 

(e) any amendment to, rescission, waiver, or other modification of, or any consent to or departure from, any of the terms of
any Loan Document; 
 (f) any addition, exchange or release of any collateral or of any Person that is (or will become) a
grantor (including the Grantors hereunder) of the Obligations, or any surrender, release, invalidity, impairment or non-perfection of any collateral (or any security interest therein), or any amendment to or
waiver or release of or addition to, or consent to or departure from, any other collateral held by any Secured Party securing any of the Obligations; 

(g) any change in the corporate existence, structure or ownership of the Grantors or any other Grantor of or other Person
liable for any of the Obligations; 
 (h) any insolvency, bankruptcy, reorganization or other similar proceeding under any
Debtor Relief Law affecting any Loan Party or its assets or any resulting release or discharge of any obligation of any Loan Party; or 

(i) any other circumstance which might otherwise constitute a defense available to, or a legal or equitable discharge of, any
Loan Party, any surety or any guarantor. 
 SECTION 2.5. Postponement of Subrogation. Each Grantor agrees that
it will not exercise any rights against another Grantor which it may acquire by way of rights of subrogation under any Loan Document to which it is a party nor shall any Grantor seek or be entitled to seek any contribution or reimbursement from any
Loan Party, in respect of any payment made under any Loan Document, in connection with any Collateral or otherwise, until following the Termination Date. Any amount paid to such Grantor on account of any such subrogation rights prior to the
Termination Date shall be held in trust for the benefit of the Secured Parties and shall immediately be paid and turned over to the Administrative Agent for the benefit of the Secured Parties in the exact form received by such Grantor (duly endorsed
in favor of the Administrative Agent, if required), to be credited and applied against the Obligations, whether matured or unmatured, in accordance with Section 6.1; provided, that, if such Grantor has made
payment to the Secured Parties of all or any part of the Obligations and the Termination Date has occurred, then at such Grantor’s request, the Administrative Agent (on behalf of the Secured Parties) will, at the expense of such Grantor,
execute and deliver to such Grantor appropriate documents (without recourse and without representation or warranty) necessary to evidence the transfer by subrogation to such Grantor of an interest in the Obligations resulting from such payment. In
furtherance of the foregoing, at all times prior to the Termination Date, such Grantor shall refrain from taking any action or commencing any proceeding against any Loan Party (or its successors or assigns, whether in connection with any proceeding
under any Debtor Relief Law or otherwise) to recover any amounts in respect of payments made under this Security Agreement to any Secured Party. 

  
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 ARTICLE 3. 

REPRESENTATIONS AND WARRANTIES 

In order to induce the Secured Parties to enter into the Credit Agreement and make and maintain Credit Extensions thereunder and enter into
Secured Treasury Management Agreements and Secured Swap Agreements, the Grantors represent and warrant to each Secured Party as set forth below. 

SECTION 3.1. As to Equity Interests of the Grantors’ Subsidiaries, Investment Property. 

(a) With respect to any Material Subsidiary of any Grantor that is: 

(i) a corporation, business trust, joint stock company or similar Person, all Equity Interests issued by such Subsidiary are
duly authorized and validly issued, fully paid and non-assessable (or equivalent thereof to the extent applicable in the jurisdiction in which Equity Interests are issued), and represented by a certificate;

 (ii) a limited liability company organized under the laws of any State of the United States, no Equity Interest issued by
such Subsidiary expressly provides that such Equity Interest is a security governed by Article 8 of the UCC; and 
 (iii) a
partnership or limited liability company, no Equity Interest issued by such Subsidiary (A) is dealt in or traded on securities exchanges or in securities markets, or (B) is held in a Securities Account, except, with respect to this
clause (a)(iii), Equity Interests (1) for which the Administrative Agent is the registered owner or (2) that are subject to a Control Agreement entered into by such Grantor, the Administrative Agent and the issuer of such Equity
Interest. 
 (b) Each Grantor has delivered all Certificated Securities constituting Collateral held by such Grantor on the
Closing Date to the Administrative Agent, together with duly executed undated blank stock powers, or other equivalent instruments of transfer reasonably acceptable to the Administrative Agent. 

(c) With respect to Uncertificated Securities constituting Collateral (other than Uncertificated Securities credited to a
Securities Account) owned by any Grantor, such Grantor has caused the issuer thereof either to (i) register the Administrative Agent as the registered owner of such security or (ii) agree in an authenticated record with such Grantor and
the Administrative Agent that such issuer will comply with instructions with respect to such security originated by the Administrative Agent without further consent of such Grantor. 

(d) The percentage of the issued and outstanding Equity Interests of each Subsidiary pledged by each Grantor hereunder is as
set forth on Schedule I hereto. 
 SECTION 3.2. Grantor Name, Location, etc. 

(a) The jurisdiction in which each Grantor is located for purposes of Sections 9-301
and 9-307 of the UCC is set forth in Item A of Schedule II hereto. 

  
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 (b) Each location as to which a secured party would have filed a UCC
financing statement in the five years prior to the date hereof to perfect a security interest in Equipment, Inventory and General Intangibles owned by such Grantor is set forth in Item B of Schedule II hereto. 

(c) The Grantors do not have any trade names other than those set forth in Item C of Schedule II hereto. 

(d) During the twelve months preceding the date hereof, no Grantor has been known by any legal name different from the one set
forth on the signature page hereto, nor has such Grantor been the subject of any merger or other corporate reorganization or otherwise acquired assets outside of the ordinary course of business, except as set forth in Item D of Schedule
II hereto. 
 (e) Each Grantor’s state issued organizational identification number and federal taxpayer
identification number is (and, during the four months preceding the date hereof, such Grantor has not had a federal taxpayer identification number different from that) set forth in Item E of Schedule II hereto. 

(f) No Grantor is a party to any federal, state or local government contract that is material to its business except as set
forth in Item F of Schedule II hereto. 
 (g) No Grantor maintains any Deposit Accounts, Securities Accounts or
Commodity Accounts with any Person, in each case, except as set forth on Item G of Schedule II hereto. 
 (h)
No Grantor is the beneficiary of any Letters of Credit, except as set forth on Item H of Schedule II hereto. 

(i) No Grantor has any Commercial Tort Claims in which a suit has been filed by such Grantor in excess of $500,000, except as
set forth on Item I of Schedule II hereto. 
 (j) The name set forth on the signature page attached hereto is
the true and correct legal name (as defined in the UCC) of each Grantor. 
 (k) Each Grantor has used its commercially
reasonable efforts to obtain a legal, valid and enforceable consent of each issuer of any Letter of Credit to the assignment of the Proceeds of such Letter of Credit to the Administrative Agent and no Grantor has consented to, and is otherwise aware
of, any Person (other than the Administrative Agent pursuant hereto) having control (within the meaning of Section 9-107 of the UCC) over, or any other interest in any of such Grantor’s rights in
respect thereof. 
 SECTION 3.3. Ownership, No Liens, etc. Each Grantor has rights in or the power to transfer
the Collateral, and each Grantor owns its Collateral free and clear of any Lien, except for any security interest (a) in the case of the Equity Interests of each Subsidiary pledged hereunder, created by this Security Agreement and (b) in
all other Collateral (other than the Equity Interests of each Subsidiary pledged hereunder) that is a Permitted Lien. No effective financing statement or other filing similar in effect covering all or any part of the Collateral is on file in any
recording office, except those filed in favor of the Administrative Agent relating to this Security Agreement, Permitted Liens (but only in the case of Collateral other than the Equity Interests of each Subsidiary pledged hereunder) or as to which a
duly authorized termination statement relating to such financing statement or other instrument has been delivered to the Administrative Agent on or prior to the Closing Date. 

  
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 SECTION 3.4. Possession of Inventory, Control; etc. 

(a) Each Grantor has, and agrees that it will maintain, exclusive possession of its Documents, Instruments, Promissory Notes,
Goods, Equipment and Inventory, other than (i) Equipment and Inventory in transit in the ordinary course of business, (ii) Equipment and Inventory that is in the possession or control of a warehouseman, bailee agent or other Person (other
than a Person controlled by or under common control with the applicable Grantor) that has been notified of the security interest created in favor of the Secured Parties pursuant to this Security Agreement, and on or prior to the Closing Date, or
such later date as the Administrative Agent shall agree, has authenticated a record acknowledging that it holds possession of such Collateral for the Secured Parties’ benefit and waives any Lien held by it against such Collateral, and
(iii) Instruments or Promissory Notes that have been delivered to the Administrative Agent pursuant to Section 3.5. In the case of Equipment or Inventory described in clause (ii) above, no lessor or
warehouseman of any premises or warehouse upon or in which such Equipment or Inventory is located has (A) issued any warehouse receipt or other receipt in the nature of a warehouse receipt in respect of any such Equipment or Inventory,
(B) issued any Document for any such Equipment or Inventory, (C) received notification of any Secured Party’s interest (other than the security interest granted hereunder) in any such Equipment or Inventory or (D) any Lien on any
such Equipment or Inventory. 
 (b) Each Grantor is the sole entitlement holder of its Securities Accounts and Commodity
Accounts and no other Person (other than the Administrative Agent pursuant to this Security Agreement or any other Person with respect to Permitted Liens) has control or possession of, or any other interest in, any of such accounts or any other
securities or property credited thereto. 
 SECTION 3.5. Negotiable Documents, Instruments and Chattel Paper.
Each Grantor has delivered to the Administrative Agent possession of all originals of all Documents, Instruments, Promissory Notes, and tangible Chattel Paper constituting Collateral and owned or held by such Grantor on the Closing Date duly
endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance reasonably satisfactory to the Administrative Agent. 

SECTION 3.6. Intellectual Property Collateral. Except as disclosed to the Administrative Agent, in respect of each
Grantor: 
 (a) to the best of such Grantor’s knowledge after due and diligent investigation and inquiry, the Owned
Intellectual Property Collateral is valid, subsisting, unexpired and enforceable and has not been abandoned or adjudged invalid or unenforceable, in whole or in part; 

(b) such Grantor is the sole and exclusive owner of the entire right, title and interest in and to the Owned Intellectual
Property Collateral (subject to Permitted Liens), and, to such Grantor’s knowledge, (i) with respect to any Owned Intellectual Property Collateral that is material to the business of such Grantor, no claim has been made that such Grantor
is or may be, in conflict with, infringing, misappropriating, diluting, misusing or otherwise violating any of the rights of any third party or that challenges the ownership, use, protectability, registerability, validity or enforceability of such
Owned Intellectual Property Collateral or any other Intellectual Property Collateral that is material to the business of such Grantor and (ii) there is no valid basis for any such claims; 

(c) such Grantor has made all filings and recordations that it has reasonably deemed appropriate to protect its interest in any
Owned Intellectual Property Collateral that is material to the business of such Grantor, including recordations of all of its interests in the Patent Collateral, the Trademark Collateral and the Copyright Collateral in the United States Patent and
Trademark Office, the United States Copyright Office and corresponding offices in other countries of the world, as appropriate; 

  
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 (d) such Grantor has taken all reasonable steps to safeguard its Trade
Secrets and to its knowledge (i) none of the Trade Secrets of such Grantor has been used, divulged, disclosed or appropriated for the benefit of any other Person other than such Grantor; (ii) no employee, independent contractor or agent of
such Grantor has misappropriated any Trade Secrets of any other Person in the course of the performance of his or her duties as an employee, independent contractor or agent of such Grantor; and (iii) no employee, independent contractor or agent
of such Grantor is in default or breach of any term of any employment agreement, non-disclosure agreement, assignment of inventions agreement or similar agreement or contract relating in any way to the
protection, ownership, development, use or transfer of such Grantor’s Intellectual Property Collateral; 
 (e) no action
by such Grantor is currently pending which asserts that any third party is infringing, misappropriating, diluting, misusing or voiding any Owned Intellectual Property Collateral that is material to the business of such Grantor and, to such
Grantor’s knowledge, no third party is infringing upon, misappropriating, diluting, misusing or voiding any Intellectual Property owned or used by such Grantor in any material respect, or any of its respective licensees; 

(f) no settlement or consents, covenants not to sue, nonassertion assurances, or releases have been entered into by such
Grantor or to which such Grantor is bound that adversely affects its rights to own or use any Intellectual Property Collateral that is material to the business of such Grantor; 

(g) except for the Permitted Liens, such Grantor has not made a previous assignment, sale, transfer or agreement constituting a
present or future assignment, sale or transfer of any Intellectual Property Collateral for purposes of granting a security interest or as collateral that has not been terminated or released; 

(h) such Grantor uses adequate standards of quality in the manufacture, distribution, and sale of all products sold by it and
in the provision of all services rendered by it under or in connection with any Trademarks and has taken all commercially reasonable action necessary to ensure that all licensees of any Trademarks owned by such Grantor use such adequate standards of
quality; 
 (i) the consummation of the transactions contemplated by the Loan Documents will not result in the termination or
material impairment of any of the Intellectual Property Collateral; 
 (j) all employees, independent contractors and agents
who have contributed to the creation or development of any Owned Intellectual Property Collateral have been a party to an enforceable “work for hire” and assignment agreement with such Grantor in accordance with applicable Laws, according
and granting exclusive ownership of such Owned Intellectual Property Collateral to such Grantor; 
 (k) such Grantor owns
directly or is entitled to use by license or otherwise, all Intellectual Property used in, reasonably necessary for or material to the conduct of such Grantor’s business; and 

  
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 (l) as of the Closing Date, set forth on Schedule III hereto is a
complete and accurate list of (i) (A) all issued and applied-for Patents owned by each Grantor, including those that have been issued by or are on file with the United States Patent and Trademark Office
or corresponding offices in other countries of the world and (B) all Patent Licenses, (ii) (A) all registered and applied-for Trademarks owned by each Grantor, including those that are registered, or
for which an application for registration has been made, with the United States Patent and Trademark Office or corresponding offices in other countries of the world and (B) all Trademark Licenses, and (iii) (A) all registered and applied-for Copyrights owned by each Grantor, including those that are registered, or for which an application for registration has been made, with the United States Copyright Office or corresponding offices in
other countries of the world and (B) all Copyright Licenses, including an indication of which of those Copyright Licenses are exclusive licenses granted to such Grantor in respect of any Copyright that is registered with the United States
Copyright Office. 
 SECTION 3.7. Validity, etc. 

(a) This Security Agreement creates a valid security interest in the Collateral securing the payment of the Obligations. 

(b) Each Grantor has filed or caused to be filed all UCC-1 financing statements in the
filing office for each Grantor’s jurisdiction of organization listed in Item A of Schedule II hereto (collectively, the “Filing Statements”) (or has authenticated and delivered to the Administrative Agent the
Filing Statements suitable for filing in such offices) and has taken all other: 
 (i) actions necessary to obtain control of
the Collateral as provided in Sections 9-104, 9-105, 9-106 and 9-107 of the UCC,
provided, that, entering into and delivering any Control Agreement shall be deemed necessary to the extent required by Section 4.1.3; 

(ii) actions requested by the Administrative Agent reasonably necessary to perfect the Administrative Agent’s security
interest with respect to any Intellectual Property Collateral (including any notice filings with respect to such security interest with the United States Patent and Trademark Office and/or the United States Copyright Office, as applicable, in form
and substance reasonably satisfactory to the Administrative Agent) (collectively, the “IP Filings”); and 

(iii) actions requested by the Administrative Agent reasonably necessary to perfect the Administrative Agent’s security
interest with respect to any Collateral evidenced by a certificate of ownership. 
 (c) Upon the filing of the Filing
Statements and the IP Filings with the appropriate agencies therefor the security interests created under this Security Agreement shall constitute a perfected security interest in the Collateral described on such Filing Statements or IP Filings, as
applicable, in favor of the Administrative Agent on behalf of the Secured Parties to the extent that a security interest therein may be perfected (i) by filing pursuant to the relevant UCC and/or (ii) by filing with the United States
Patent and Trademark Office or the United States Copyright Office, in each case, prior to all other Liens, except for Permitted Liens that are senior by operation of Law (in which case such security interest shall be second in priority of right only
to the Permitted Liens until the obligations secured by such Permitted Liens have been satisfied). 

  
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 SECTION 3.8. Authorization, Approval, etc. Except as have been
obtained or made and are in full force and effect, no authorization, approval or other action by, and no notice to or filing with, any Governmental Authority or any other third party is required either: 

(a) for the grant by the Grantors of the security interest granted hereby or for the execution, delivery and performance of
this Security Agreement by the Grantors; 
 (b) for the perfection or maintenance of the security interests hereunder
including the first priority (subject to Permitted Liens that are senior by operation of Law (in which case such security interest shall be second in priority of right only to the Permitted Liens until the obligations secured by such Permitted Liens
have been satisfied)) nature of such security interest (except with respect to the Filing Statements, the IP Filings or, with respect to motor vehicles, the notation or registration of liens on the related certificates of title) or the exercise by
the Administrative Agent of its rights and remedies hereunder; or 
 (c) for the exercise by the Administrative Agent of the
voting or other rights provided for in this Security Agreement, or, except (i) with respect to any securities issued by a Subsidiary of the Grantors, as may be required in connection with a disposition of such securities by Laws affecting the
offering and sale of securities generally, the remedies in respect of the Collateral pursuant to this Security Agreement and (ii) any “change of control” or similar filings required by state licensing agencies. 

SECTION 3.9. Best Interests. It is in the best interests of each Grantor (other than the Company) to execute this
Security Agreement inasmuch as such Grantor will, as a result of being a Subsidiary of the Company, derive substantial direct and indirect benefits from the Credit Extensions made from time to time to the Borrowers by the Lenders pursuant to the
Credit Agreement and the execution and delivery of the Secured Treasury Management Agreements and Secured Swap Agreements among the Loan Parties and certain Secured Parties, and each Grantor agrees that the Secured Parties are relying on this
representation in agreeing to make such Credit Extensions pursuant to the Credit Agreement to the Borrowers. 
 ARTICLE 4. 

COVENANTS 
 Each Grantor
covenants and agrees that, until the Termination Date, such Grantor will perform, comply with and be bound by the obligations set forth below. 

SECTION 4.1. As to Investment Property; Deposit Accounts, etc. 

SECTION 4.1.1. Equity Interests of the Grantors’ Subsidiaries. No Grantor will allow any of its Subsidiaries:

 (a) that is a corporation, business trust, joint stock company or similar Person, to issue Uncertificated Securities; 

(b) that is a partnership or limited liability company, to (i) issue Equity Interests that are to be dealt in or traded on
securities exchanges or in securities markets, (ii) expressly provide in its Organization Documents that its Equity Interests are securities governed by Article 8 of the UCC, or (iii) place such Subsidiary’s Equity Interests in a
Securities Account, except, with respect to this clause (b), Equity Interests (1) for which the Administrative Agent is the registered owner or (2) that are subject to a Control Agreement entered into by such Grantor, the
Administrative Agent and the issuer of such Equity Interests; and 

  
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 (c) to issue Equity Interests in addition to or in substitution for the
Equity Interests pledged hereunder, except to such Grantor (and such Equity Interests are promptly pledged and delivered to the Administrative Agent pursuant to the terms of this Security Agreement). 

SECTION 4.1.2. Certificated and Uncertificated Securities. 

(a) Such Grantor will deliver all Certificated Securities that constitute Collateral owned or held by such Grantor to the
Administrative Agent, together with duly executed undated blank stock powers, or other equivalent instruments of transfer reasonably acceptable to the Administrative Agent. 

(b) Such Grantor will cause the issuer of any and all Uncertificated Securities (other than Uncertificated Securities credited
to a Securities Account) constituting Investment Property and Collateral owned or held by such Grantor, to either (i) register the Administrative Agent as the registered owner thereof on the books and records of the issuer or (ii) execute
a Control Agreement relating to such Investment Property pursuant to which the issuer agrees to comply with the Administrative Agent’s instructions with respect to such Uncertificated Securities without further consent by such Grantor. 

SECTION 4.1.3. Deposit Accounts, Securities Accounts and Commodity Accounts. Such Grantor will, upon the request of
the Administrative Agent, enter into and deliver Control Agreements with respect to (a) any Deposit Accounts maintained with any depositary institution other than the depositary institution acting as Administrative Agent and (b) any
Securities Accounts, Commodity Accounts, Commodity Contracts or Securities Entitlements constituting Investment Property owned or held by any Grantor; provided, that, such Grantor shall not be required to enter into and deliver Control
Agreements for any Deposit Account maintained exclusively for the purpose of payroll, 401(k) and other retirement plans and employee benefits and healthcare benefits. 

SECTION 4.1.4. Negotiable Documents, Instruments and Chattel Paper. Each Grantor agrees that it will, promptly
following receipt thereof, deliver to the Administrative Agent possession of all originals of negotiable Documents, Instruments, Promissory Notes and Chattel Paper that it acquires following the Closing Date duly endorsed and accompanied by duly
executed instruments of transfer or assignment, all in form and substance reasonably satisfactory to the Administrative Agent. No Grantor shall create any tangible Chattel Paper without placing a legend on such tangible Chattel Paper reasonably
acceptable to the Administrative Agent indicating that the Administrative Agent has a security interest in such Chattel Paper. 

SECTION 4.1.5. Distributions; Voting Rights; etc. Each Grantor agrees promptly upon receipt of notice of the
occurrence of an Event of Default from the Administrative Agent and without any request therefor by the Administrative Agent, so long as such Event of Default shall continue: 

(a) to deliver (properly endorsed where required hereby or requested by the Administrative Agent) to the Administrative Agent
all Distributions with respect to Investment Property that is Collateral, all interest, principal, other cash payments on Payment Intangibles, and all Proceeds of the Collateral, in each case thereafter received by such Grantor, all of which shall
be held by the Administrative Agent as additional Collateral; and 

  
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 (b) with respect to Collateral consisting of general partner interests or
limited liability company interests: 
 (i) to promptly modify its Organization Documents to admit the Administrative Agent
as a general partner or member, as applicable; 
 (ii) so long as the Administrative Agent has notified such Grantor of the
Administrative Agent’s intention to exercise its voting power under this clause, that the Administrative Agent may exercise (to the exclusion of such Grantor) the voting power and all other incidental rights of ownership with respect to such
Investment Property and such Grantor hereby grants the Administrative Agent an irrevocable proxy, exercisable under such circumstances, to vote such Investment Property; and 

(iii) to promptly deliver to the Administrative Agent such additional proxies and other documents as may be reasonably
necessary to allow the Administrative Agent to exercise such voting power. 
 All dividends, Distributions, interest, principal, cash
payments, Payment Intangibles and Proceeds that may at any time and from time to time be held by such Grantor, but which such Grantor is then obligated to deliver to the Administrative Agent, shall, until delivery to the Administrative Agent, be
held by such Grantor separate and apart from its other property in trust for the Administrative Agent. The Administrative Agent agrees that unless an Event of Default shall have occurred and be continuing and the Administrative Agent shall have
given the notice referred to in this Section 4.1.5, such Grantor will have the exclusive voting power with respect to any Investment Property constituting Collateral and the Administrative Agent will, upon the written
request of such Grantor, promptly deliver such proxies and other documents, if any, as shall be reasonably requested by such Grantor which are necessary to allow such Grantor to exercise that voting power; provided, that, no vote shall
be cast, or consent, waiver, or ratification given, or action taken by such Grantor that would impair the value of any such Collateral or be inconsistent with or violate any provision of any Loan Document. 

SECTION 4.1.6. Continuous Pledge. Each Grantor will at all times keep pledged to the Administrative Agent pursuant
hereto, on a first-priority, perfected basis all Investment Property, all Distributions with respect thereto, all Payment Intangibles to the extent they are evidenced by a Document, Instrument, Promissory Note or Chattel Paper, and all interest and
principal with respect to such Payment Intangibles, and all Proceeds and rights from time to time received by or distributable to such Grantor in respect of any of the foregoing Collateral. 

SECTION 4.2. Change of Name, etc. No Grantor will change its name or place of incorporation or organization or
federal taxpayer identification number except upon 30 days’ prior written notice to the Administrative Agent. 
 SECTION 4.3.
As to Accounts. 
 (a) Each Grantor shall have the right to collect all Accounts so long as no Event of
Default shall have occurred and be continuing. 

  
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 (b) Upon (i) the occurrence and during the continuance of an Event of
Default and (ii) the delivery of written notice (unless an Event of Default pursuant to Section 8.01(f) of the Credit Agreement shall have occurred, in which case, no such notice shall be required) by the Administrative Agent to each
Grantor, all Proceeds of Collateral received by such Grantor shall be delivered in kind to the Administrative Agent for deposit in a Deposit Account of such Grantor maintained with the depositary institution acting as Administrative Agent (together
with any other Accounts pursuant to which any portion of the Collateral is deposited with the depositary institution acting as Administrative Agent, the “Collateral Accounts”), and such Grantor shall not commingle any of such
Proceeds, and shall hold separate and apart from all other property, all such Proceeds in express trust for the benefit of the Administrative Agent until delivery thereof is made to the Administrative Agent. 

(c) Following the delivery of notice pursuant to clause (b)(ii) (to the extent required thereby), the Administrative
Agent shall have the right to apply any amount in the Collateral Account to the payment of any Obligations which are due and payable. 

(d) With respect to each Collateral Account, it is hereby confirmed and agreed that (i) deposits in such Collateral
Account are subject to a security interest as contemplated hereby, (ii) such Collateral Account shall be under the control of the Administrative Agent and (iii) the Administrative Agent shall have the sole right of withdrawal over such
Collateral Account. 
 (e) The Administrative Agent will make available to the applicable Grantor all amounts in any
Collateral Account upon the request of such Grantor, so long as no Event of Default has occurred and is then continuing (as certified by the Company to the Administrative Agent). 

SECTION 4.4. As to Grantors’ Use of Collateral. 

(a) Subject to clause (b), each Grantor (i) may in the ordinary course of its business, at its own expense, sell,
lease or furnish under contracts of service any of the Inventory normally held by such Grantor for such purpose, and use and consume, in the ordinary course of its business, any raw materials, work in process or materials normally held by such
Grantor for such purpose, (ii) will, at its own expense, endeavor to collect, as and when due, all amounts due with respect to any of the Collateral, including the taking of such action with respect to such collection as the Administrative
Agent may request following the occurrence and during the continuance of an Event of Default or, in the absence of such request, as such Grantor may deem advisable, and (iii) may grant, in the ordinary course of business, to any party obligated
on any of the Collateral, any rebate, refund or allowance to which such party may be lawfully entitled, and may accept, in connection therewith, the return of Goods, the sale or lease of which shall have given rise to such Collateral. 

(b) At any time following the occurrence and during the continuance of an Event of Default, whether before or after the
maturity of any of the Obligations, the Administrative Agent may (i) revoke any or all of the rights of each Grantor set forth in clause (a), (ii) notify any parties obligated on any of the Collateral to make payment to the
Administrative Agent of any amounts due or to become due thereunder and (iii) enforce collection of any of the Collateral by suit or otherwise and surrender, release, or exchange all or any part thereof, or compromise or extend or renew for any
period (whether or not longer than the original period) any indebtedness thereunder or evidenced thereby. 
 (c) Upon the
request of the Administrative Agent following the occurrence and during the continuance of an Event of Default, each Grantor will, at its own expense, notify any parties obligated on any of the Collateral to make payment to the Administrative Agent
of any amounts due or to become due thereunder. 

  
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 (d) At any time following the occurrence and during the continuation of an
Event of Default, the Administrative Agent may endorse, in the name of such Grantor, any item, howsoever received by the Administrative Agent, representing any payment on or other Proceeds of any of the Collateral. 

(e) No Grantor shall take or omit to take any action the taking or the omission of which would result in any impairment in the
collectability of, or any other material impairment or alteration of, any obligation of the maker of any Payment Intangible or other Instrument constituting Collateral, except as otherwise provided in this Section 4.4. 

SECTION 4.5. As to Intellectual Property Collateral. 

(a) Each Grantor covenants and agrees to comply with the following provisions as such provisions relate to any Intellectual
Property Collateral material to the business of such Grantor: 
 (i) such Grantor shall not (A) do or fail to perform
any act whereby any of the Patent Collateral may lapse or become abandoned or dedicated to the public or unenforceable, (B) itself or permit any of its licensees to (I) fail to continue to use any of the Trademark Collateral in order to
maintain the Trademark Collateral in full force free from any claim of abandonment for non-use, (II) fail to maintain as in the past the quality of products and services offered under the Trademark
Collateral, (III) fail to employ the Trademark Collateral registered with any federal or state or foreign authority with an appropriate notice of such registration, (IV) adopt or use any other Trademark which is confusingly similar or a
colorable imitation of any of the Trademark Collateral, unless rights in such Trademark Collateral inure solely to Grantor and do not infringe or weaken the validity or enforceability of any of the Intellectual Property Collateral, (C) do or
permit any act or knowingly omit to do any act whereby any of the Trademark Collateral may lapse or become invalid or unenforceable, or (D) do or permit any act or knowingly omit to do any act whereby any of the Copyright Collateral or any of
the Trade Secrets Collateral may lapse or become invalid or unenforceable or placed in the public domain except upon expiration of the end of an unrenewable term of a registration thereof, unless, in the case of any of the foregoing requirements in
clauses (A), (B), (C) and (D), such Grantor shall reasonably and in good faith determine that any of such Intellectual Property Collateral is of negligible economic value to such Grantor, and the loss of such Intellectual
Property Collateral would not have a Material Adverse Effect on its business; 
 (ii) such Grantor shall promptly notify the
Administrative Agent if it knows, or reasonably suspects, that any application or registration relating to any material item of the Intellectual Property Collateral may become abandoned or dedicated to the public or placed in the public domain or
become invalid or unenforceable, or of any adverse determination or development (including the institution of, or any such determination or development in, any proceeding in the United States Patent and Trademark Office, the United States Copyright
Office or any foreign counterpart thereof or any court) regarding such Grantor’s ownership of any such Intellectual Property Collateral, its right to register the same or to keep and maintain and enforce the same; and 

  
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 (iii) such Grantor shall take all reasonably necessary steps, including in
any proceeding before the United States Patent and Trademark Office, the United States Copyright Office and corresponding offices in other countries of the world, to maintain and pursue any application (and to obtain the relevant registration) filed
with respect to, and to maintain any registration of, the Intellectual Property Collateral, including the filing of applications for renewal, affidavits of use, affidavits of incontestability and opposition, interference and cancellation proceedings
and the payment of fees and taxes (except to the extent that dedication, abandonment or invalidation is permitted under the foregoing clause (a) or (b)). 

(b) Upon the request of the Administrative Agent, each Grantor covenants and agrees to provide a complete and accurate list of
(i) (A) all issued and applied-for Patents owned by each Grantor, including those that have been issued by or are on file with the United States Patent and Trademark Office or corresponding offices in
other countries of the world and (B) all Patent Licenses, (ii) (A) all registered and applied-for Trademarks owned by each Grantor, including those that are registered, or for which an application
for registration has been made, with the United States Patent and Trademark Office or corresponding offices in other countries of the world and (B) all Trademark Licenses, and (iii) (A) all registered and
applied-for Copyrights owned by each Grantor, including those that are registered, or for which an application for registration has been made, with the United States Copyright Office or corresponding offices
in other countries of the world and (B) all Copyright Licenses, including an indication of which of those Copyright Licenses are exclusive licenses granted to such Grantor in respect of any Copyright that is registered with the United States
Copyright Office. 
 (c) Each Grantor covenants and agrees from time to time to execute and deliver to the Administrative
Agent such IP Filings as are reasonably necessary to assure the Administrative Agent of its security interests granted hereunder. 

SECTION 4.6. As to Letter-of-Credit
Rights. 
 (a) Each Grantor, by granting a security interest in its Letter-of-Credit Rights to the Administrative Agent, intends to (and hereby does) collaterally assign to the Administrative Agent its rights (including its contingent rights) to the Proceeds of all Letter-of-Credit Rights of which it is or hereafter becomes a beneficiary or assignee. Such Grantor will promptly use its commercially reasonable efforts to cause the issuer
of each letter of credit and each nominated person (if any) with respect thereto to consent to such assignment of the Proceeds thereof in a consent agreement in form and substance satisfactory to the Administrative Agent and deliver written evidence
of such consent to the Administrative Agent. 
 (b) Upon the occurrence and during the continuance of an Event of Default,
such Grantor will, promptly upon request by the Administrative Agent, (i) notify (and such Grantor hereby authorizes the Administrative Agent to notify) the issuer and each nominated person with respect to each of the letters of credit issued
in favor of such Grantor that the Proceeds thereof have been assigned to the Administrative Agent hereunder and any payments due or to become due in respect thereof are to be made directly to the Administrative Agent and (ii) arrange for the
Administrative Agent to become the transferee beneficiary of such letter of credit. 
 SECTION 4.7. As to Commercial Tort
Claims. Each Grantor covenants and agrees that, until the Termination Date, with respect to any Commercial Tort Claim in excess of $500,000 hereafter arising, it shall deliver to the Administrative Agent a supplement in form and
substance reasonably satisfactory to the Administrative Agent, together with all supplements to schedules thereto identifying such new Commercial Tort Claims and take all such action reasonably requested by the Administrative Agent to grant to the
Administrative Agent and perfect a security interest in such Commercial Tort Claim. 

  
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 SECTION 4.8. Electronic Chattel Paper and Transferable Records.
If any Grantor at any time holds or acquires an interest in any electronic chattel paper or any “transferable record,” as that term is defined in Section 201 of the U.S. Federal Electronic Signatures in Global and National Commerce
Act, or in Section 16 of the U.S. Uniform Electronic Transactions Act as in effect in any relevant jurisdiction, such Grantor shall promptly notify the Administrative Agent thereof and, at the request of the Administrative Agent, shall take
such action as the Administrative Agent may reasonably request to vest in the Administrative Agent control under Section 9-105 of the UCC of such electronic chattel paper or control under Section 201
of the Federal Electronic Signatures in Global and National Commerce Act or, as the case may be, Section 16 of the Uniform Electronic Transactions Act, as so in effect in such jurisdiction, of such transferable record. The Administrative Agent
agrees with such Grantor that the Administrative Agent will arrange, pursuant to procedures reasonably satisfactory to the Administrative Agent and so long as such procedures will not result in the Administrative Agent’s loss of control, for
the Grantor to make alterations to the electronic chattel paper or transferable record permitted under Section 9-105 of the UCC or, as the case may be, Section 201 of the U.S. Federal Electronic
Signatures in Global and National Commerce Act or Section 16 of the U.S. Uniform Electronic Transactions Act for a party in control to allow without loss of control, unless an Event of Default has occurred and is continuing or would occur after
taking into account any action by such Grantor with respect to such electronic chattel paper or transferable record. 
 SECTION 4.9.
Further Assurances, etc. Each Grantor agrees that, from time to time at its own expense, it will promptly execute and deliver all further instruments and documents, and take all further action, that may be reasonably
necessary or that the Administrative Agent may reasonably request, in order to perfect, preserve and protect any security interest granted or purported to be granted hereby or to enable the Administrative Agent to exercise and enforce its rights and
remedies hereunder with respect to any Collateral. Without limiting the generality of the foregoing, such Grantor will: 

(a) from time to time upon the request of the Administrative Agent, promptly deliver to the Administrative Agent such stock
powers, instruments and similar documents, reasonably satisfactory in form and substance to the Administrative Agent, with respect to such Collateral as the Administrative Agent may reasonably request and will, from time to time upon the request of
the Administrative Agent, after the occurrence and during the continuance of any Event of Default, promptly transfer any securities constituting Collateral into the name of any nominee designated by the Administrative Agent; 

(b) file (and hereby authorize the Administrative Agent to file) such Filing Statements or continuation statements, or
amendments thereto, IP Filings, and such other instruments or notices (including any assignment of claim form under or pursuant to the federal assignment of claims statute, 31 U.S.C. § 3726, any successor or amended version thereof or any
regulation promulgated under or pursuant to any version thereof), as may be reasonably necessary or that the Administrative Agent may reasonably request in order to perfect and preserve the security interests and other rights granted or purported to
be granted to the Administrative Agent hereby; and 
 (c) furnish to the Administrative Agent, from time to time at the
Administrative Agent’s request, statements and schedules further identifying and describing the Collateral and such other reports in connection with the Collateral as the Administrative Agent may reasonably request, all in reasonable detail.

  
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 With respect to the foregoing and the grant of the security interest hereunder, each Grantor
hereby authorizes the Administrative Agent to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Collateral. Each Grantor agrees that a carbon, photographic or other reproduction of this
Security Agreement or any UCC financing statement covering the Collateral or any part thereof shall be sufficient as a UCC financing statement where permitted by Law. Each Grantor hereby authorizes the Administrative Agent to file financing
statements describing as the collateral covered thereby “all of the debtor’s personal property or assets” or words to that effect, notwithstanding that such wording may be broader in scope than the Collateral described in this
Security Agreement. 
 ARTICLE 5. 

THE ADMINISTRATIVE AGENT 

SECTION 5.1. Administrative Agent Appointed
Attorney-in-Fact. Each Grantor hereby irrevocably appoints the Administrative Agent its
attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, from time to time in the Administrative
Agent’s discretion, following the occurrence and during the continuance of an Event of Default, to take any action and to execute any instrument which the Administrative Agent may deem necessary or advisable to accomplish the purposes of this
Security Agreement, including: 
 (a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and
receipts for moneys due and to become due under or in respect of any of the Collateral; 
 (b) to receive, endorse, and
collect any drafts or other Instruments, Documents and Chattel Paper, in connection with clause (a) above; 
 (c)
to file any claims or take any action or institute any proceedings which the Administrative Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Administrative Agent with respect
to any of the Collateral; and 
 (d) to perform the affirmative obligations of such Grantor hereunder. 

Each Grantor hereby acknowledges, consents and agrees that the power of attorney granted pursuant to this Section is irrevocable and coupled with an interest.

 SECTION 5.2. Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are
solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any of such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys
actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for: 

(a) ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters relative
to any Investment Property, whether or not the Administrative Agent has or is deemed to have knowledge of such matters; or 

(b) taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral. 

  
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 SECTION 5.3. Reasonable Care. The Administrative Agent is
required to exercise reasonable care in the custody and preservation of any of the Collateral in its possession; provided, that, the Administrative Agent shall be deemed to have exercised reasonable care in the custody and preservation
of (a) any of the Collateral in its physical possession, if it handles the custody and preservation of the Collateral in the same manner as it deals with similar property for its own account and (b) any other Collateral, if it takes such
action for that purpose as each Grantor reasonably requests in writing at times other than upon the occurrence and during the continuance of any Event of Default, but failure of the Administrative Agent to comply with any such request at any time
shall not in itself be deemed a failure to exercise reasonable care. 
 ARTICLE 6. 

REMEDIES 
 SECTION 6.1.
Certain Remedies. If any Event of Default shall have occurred and be continuing: 
 (a) The
Administrative Agent may exercise in respect of the Collateral, in addition to other rights and remedies provided for herein or otherwise available to it, all the rights and remedies of a secured party on default under the UCC (whether or not the
UCC applies to the affected Collateral) and also may: 
 (i) take possession of any Collateral not already in its possession
without demand and without legal process; 
 (ii) require each Grantor to, and each Grantor hereby agrees that it will, at
its expense and upon request of the Administrative Agent forthwith, assemble all or part of the Collateral as directed by the Administrative Agent and make it available to the Administrative Agent at a place to be designated by the Administrative
Agent that is reasonably convenient to both parties; 
 (iii) enter onto the property where any Collateral is located and
take possession thereof without demand and without legal process; 
 (iv) deliver any notice of exclusive control under any
Control Agreement; and 
 (v) without notice except as specified below, lease, license, sell or otherwise dispose of the
Collateral or any part thereof in one or more parcels at public or private sale, at any of the Administrative Agent’s offices or elsewhere, for cash, on credit or for future delivery, and upon such other terms as the Administrative Agent may
deem commercially reasonable. Each Grantor agrees that, to the extent notice of sale shall be required by Law, at least ten days’ prior written notice (unless an Event of Default pursuant to Section 8.01(f) of the Credit Agreement shall
have occurred, in which case, no such notice shall be required) to such Grantor of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification. The Administrative Agent shall
not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Administrative Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale
may, without further notice, be made at the time and place to which it was so adjourned. 

  
 22 

 (b) All cash Proceeds received by the Administrative Agent in respect of any
sale of, collection from, or other realization upon, all or any part of the Collateral shall be applied by the Administrative Agent against, all or any part of the Obligations as set forth in Section 8.03 of the Credit Agreement. 

(c) The Administrative Agent may: 

(i) transfer all or any part of the Collateral into the name of the Administrative Agent or its nominee, with or without
disclosing that such Collateral is subject to the Lien hereunder; 
 (ii) notify the parties obligated on any of the
Collateral to make payment to the Administrative Agent of any amount due or to become due thereunder; 
 (iii) withdraw, or
cause or direct the withdrawal, of all funds with respect to any Collateral Account; 
 (iv) enforce collection of any of the
Collateral by suit or otherwise, and surrender, release or exchange all or any part thereof, or compromise or extend or renew for any period (whether or not longer than the original period) any obligations of any nature of any party with respect
thereto; 
 (v) endorse any checks, drafts, or other writings in any Grantor’s name to allow collection of the
Collateral; 
 (vi) take control of any Proceeds of the Collateral; and 

(vii) execute (in the name, place and stead of any Grantor) endorsements, assignments, stock powers and other instruments of
conveyance or transfer with respect to all or any of the Collateral. 
 (d) Without limiting the foregoing, in respect of the
Intellectual Property Collateral: 
 (i) upon the request of the Administrative Agent, each Grantor shall execute and deliver
to the Administrative Agent an assignment or assignments of the Intellectual Property Collateral, subject (in the case of any licenses thereunder) to any valid and enforceable requirements to obtain consents from any third parties, and such other
documents as are necessary or appropriate to carry out the intent and purposes hereof; 
 (ii) each Grantor agrees that the
Administrative Agent may file applications and maintain registrations for the protection of the Intellectual Property Collateral and/or bring suit in the name of such Grantor, the Administrative Agent or any Secured Party to enforce the Intellectual
Property Collateral and any licenses thereunder and, upon the request of the Administrative Agent, each Grantor shall use all commercially reasonable efforts to assist with such filing or enforcement (including the execution of relevant documents);
and 
 (iii) in the event that the Administrative Agent elects not to make any filing or bring any suit as set forth in
clause (ii), each Grantor shall, upon the request of Administrative Agent, use all commercially reasonable efforts, whether through making appropriate filings or bringing suit or otherwise, to protect, enforce and prevent the infringement,
misappropriation, dilution, unauthorized use or other violation of the Intellectual Property Collateral. 

  
 23 

 Notwithstanding the foregoing provisions of this Section 6.1, for
the purposes of this Section 6.1, “Collateral” and “Intellectual Property Collateral” shall include any “intent to use” trademark application only to the extent (x) that the business of
such Grantor, or portion thereof, to which that mark pertains is also included in the Collateral and (y) that such business is ongoing and existing. 

SECTION 6.2. Securities Laws. If the Administrative Agent shall determine to exercise its right to sell all or any
of the Collateral that are Equity Interests pursuant to Section 6.1, each Grantor agrees that, upon request of the Administrative Agent, each Grantor will, at its own expense: 

(a) execute and deliver, and cause (or, with respect to any issuer which is not a Subsidiary of such Grantor, use its best
efforts to cause) each issuer of the Collateral contemplated to be sold and the directors and officers thereof to execute and deliver, all such instruments and documents, and do or cause to be done all such other acts and things, as may be necessary
or, in the opinion of the Administrative Agent, advisable to register such Collateral under the provisions of the Securities Act of 1933, as from time to time amended (the “Securities Act”), and cause the registration statement
relating thereto to become effective and to remain effective for such period as prospectuses are required by Law to be furnished, and to make all amendments and supplements thereto and to the related prospectus which, in the opinion of the
Administrative Agent, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations of the SEC applicable thereto; 

(b) use its best efforts to exempt the Collateral under the state securities or “Blue Sky” laws and to obtain all
necessary governmental approvals for the sale of the Collateral, as requested by the Administrative Agent; 
 (c) cause (or,
with respect to any issuer that is not a Subsidiary of such Grantor, use its best efforts to cause) each such issuer to make available to its security holders, as soon as practicable, an earnings statement that will satisfy the provisions of
Section 11(a) of the Securities Act; and 
 (d) do or cause to be done all such other acts and things as may be
necessary to make such sale of the Collateral or any part thereof valid and binding and in compliance with applicable Law. 
 Each Grantor
acknowledges the impossibility of ascertaining the amount of damages that would be suffered by the Administrative Agent or the Secured Parties by reason of the failure by such Grantor to perform any of the covenants contained in this Section and
consequently agrees that, if such Grantor shall fail to perform any of such covenants, it shall pay, as liquidated damages and not as a penalty, an amount equal to the value (as reasonably determined by the Administrative Agent) of such Collateral
on the date the Administrative Agent shall demand compliance with this Section. 
 SECTION 6.3. Compliance with
Restrictions. Each Grantor agrees that in any sale of any of the Collateral whenever an Event of Default shall have occurred and be continuing, the Administrative Agent is hereby authorized to comply with any limitation or restriction
in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable Law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that
such prospective bidders and purchasers have certain qualifications, and restrict such prospective bidders and purchasers to Persons who will represent and agree that they are purchasing 

  
 24 

 
for their own account for investment and not with a view to the distribution or resale of such Collateral), or in order to obtain any required approval of the sale or of the purchaser by any
Governmental Authority or official, and such Grantor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Administrative Agent be liable
nor accountable to such Grantor for any discount allowed by the reason of the fact that such Collateral is sold in compliance with any such limitation or restriction. 

SECTION 6.4. Protection of Collateral. The Administrative Agent may from time to time, at its option,
(a) perform any act required under this Agreement or otherwise necessary to carry out the intent and purpose of this Agreement which any Grantor fails to perform after being requested in writing so to perform (it being understood that no such
request need be given after the occurrence and during the continuance of an Event of Default) and (b) take any other action which the Administrative Agent deems reasonably necessary for the maintenance, preservation or protection of any of the
Collateral or of its security interest therein and, in each case, the expenses of the Administrative Agent incurred in connection therewith shall be payable by such Grantor pursuant to and consistent with Section 11.04 of the Credit Agreement.

 ARTICLE 7. 

MISCELLANEOUS PROVISIONS 

SECTION 7.1. Loan Document. This Security Agreement is a Loan Document executed pursuant to the Credit Agreement
and shall (unless otherwise expressly indicated herein) be construed, administered and applied in accordance with the terms and provisions thereof, including Article XI thereof. To the extent of any conflict between the terms contained in this
Security Agreement and the terms contained in the Credit Agreement, the terms of the Credit Agreement shall control. 
 SECTION 7.2.
Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon the Grantors and their successors,
transferees and assigns and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and assigns; provided, that, no Grantor may (unless otherwise permitted under the terms of the Credit
Agreement or this Security Agreement) assign any of its obligations hereunder without the prior written consent of all Lenders. 

SECTION 7.3. Amendments, etc. No amendment to or waiver of any provision of this Security Agreement, nor consent
to any departure by any Grantor from its obligations under this Security Agreement, shall in any event be effective unless the same shall be in writing and signed by the Administrative Agent (on behalf of the Lenders or the Required Lenders, as the
case may be, pursuant to Section 11.01 of the Credit Agreement) and the Grantors and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given. 

SECTION 7.4. Notices. All notices and other communications provided for hereunder shall be in writing or by
facsimile and addressed, delivered or transmitted to the appropriate party at the address or facsimile number of such party (in the case of any Grantor, in care of the Company) specified in the Credit Agreement or at such other address or facsimile
number as may be designated by such party in a notice to the other party. Any notice or other communication, if mailed and properly addressed with postage prepaid or if properly addressed and sent by pre-paid
courier service, shall be deemed given when received; any such notice or other communication, if transmitted by facsimile, shall be deemed given when transmitted and electronically confirmed. 

  
 25 

 SECTION 7.5. Release of Liens. Upon (a) the Disposition of
Collateral in accordance with the Credit Agreement or (b) the occurrence of the Termination Date, the security interests granted herein shall automatically terminate with respect to (i) such Collateral (in the case of clause (a)) or
(ii) all Collateral (in the case of clause (b)), without delivery of any instrument or performance of any act by any party. Upon the occurrence of the Termination Date, this Agreement and all obligations of each Grantor hereunder shall
automatically terminate without delivery of any instrument or performance of any act by any party. Upon the consummation of any transaction or termination permitted by the Credit Agreement, the Administrative Agent will, at the Grantors’ sole
expense, deliver to the Grantors, without any representations, warranties or recourse of any kind whatsoever, all Collateral held by the Administrative Agent hereunder, and execute and deliver to the Grantors such documents as the Grantors shall
reasonably request to evidence such termination. 
 SECTION 7.6. Additional Grantors. Upon the execution and
delivery by any other Person of a supplement in the form of Annex I hereto (the “Security Agreement Supplement”), such Person shall become a “Grantor” hereunder with the same force and effect as if it were
originally a party to this Security Agreement and named as a “Grantor” hereunder. The execution and delivery of such supplement shall not require the consent of any other Grantor hereunder, and the rights and obligations of each Grantor
hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Security Agreement. The schedules to this Security Agreement shall be deemed to be updated to include the information set forth on the
schedules to each Security Agreement Supplement from and after the date of such Security Agreement Supplement. For the avoidance of doubt, non-U.S. Loan Parties shall not be required to become a
“Grantor” hereunder. 
 SECTION 7.7. No Waiver; Remedies. In addition to, and not in limitation of
Section 2.4, no failure on the part of any Secured Party to exercise, and no delay in exercising, any right, remedy, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise
of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided and under each other Loan
Document are cumulative and not exclusive of any remedies provided by Law. 
 SECTION 7.8. Headings. The various
headings of this Security Agreement are inserted for convenience only and shall not affect the meaning or interpretation of this Security Agreement or any provisions thereof. 

SECTION 7.9. Severability. If any provision of this Security Agreement or the other Loan Documents is held to be
illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Security Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall
endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity
of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

SECTION 7.10. Governing Law; Jurisdiction; Etc. 

(a) GOVERNING LAW. THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE
OF NEW YORK. 

  
 26 

 (b) SUBMISSION TO JURISDICTION. EACH GRANTOR IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE
COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT RELATED THERETO, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO
AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS SECURITY AGREEMENT OR IN ANY OTHER LOAN
DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER OR THE L/C ISSUER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY GRANTOR OR ITS PROPERTIES IN
THE COURTS OF ANY JURISDICTION. 
 (c) WAIVER OF VENUE. EACH GRANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO
IN CLAUSE (b) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

(d) SERVICE OF PROCESS. EACH PARTY HERETO AGREES THAT THE PROCESS BY WHICH ANY SUIT, ACTION OR PROCEEDING IS BEGUN MAY
BE SERVED ON IT BY BEING DELIVERED IN CONNECTION WITH ANY SUIT, ACTION OR PROCEEDING IN NEW YORK TO THE PROCESS AGENT FOR SUCH PARTY. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS, INCLUDING SERVICE ON ANY PROCESS AGENT, IN THE MANNER
PROVIDED FOR NOTICES (OTHER THAN ELECTRONIC NOTICES) IN SECTION 11.02 OF THE CREDIT AGREEMENT. NOTHING HEREIN CONTAINED SHALL AFFECT THE RIGHT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE RIGHT OF ANY OTHER PERSON PARTY
HERETO TO BRING PROCEEDINGS AGAINST SUCH PARTY IN THE COURTS OF ANY OTHER JURISDICTION. 
 SECTION 7.11. Waiver of Jury
Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS SECURITY
AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS SECURITY AGREEMENT
AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

  
 27 

 SECTION 7.12. Counterparts. This Security Agreement may be
executed by the parties hereto in several counterparts, each of which shall be deemed to be an original and all of which shall constitute together but one and the same agreement. Delivery of an executed counterpart of a signature page to this
Security Agreement by facsimile or via other electronic means shall be effective as delivery of a manually executed counterpart of this Security Agreement. 

SECTION 7.13. Security Agreements. Without limiting any of the rights, remedies, privileges or benefits provided
hereunder to the Administrative Agent for its benefit and the ratable benefit of the other Secured Parties, each Grantor and the Administrative Agent hereby agree that the terms and provisions of this Security Agreement in respect of any Collateral
subject to the pledge or other Lien of any other security agreement entered into for the benefit of the Secured Parties are, and shall be deemed to be, supplemental and in addition to the rights, remedies, privileges and benefits provided to the
Administrative Agent and the other Secured Parties under such other security agreement and under applicable Law to the extent consistent with applicable Law; provided, that, in the event that the terms of this Security Agreement
conflict or are inconsistent with the applicable other security agreement or applicable Law governing such other security agreement, (a) to the extent that the provisions of such other security agreement or applicable foreign Law are, under
applicable foreign Law, necessary for the creation, perfection or priority of the security interests in the Collateral subject to such other security agreement, the terms of such other security agreement or such applicable Law shall be controlling
and (b) otherwise, the terms hereof shall be controlling. 
 SECTION 7.14. Perfection under Foreign Law.
Notwithstanding any other provision of this Agreement with respect to (a) the assets or properties of any Grantor that are located in a non-U.S. jurisdiction (a “Foreign Jurisdiction”) or
hereafter are moved to a Foreign Jurisdiction (any assets or properties so located or moved being “Foreign Located Assets”), and (b) Equity Interests in any Foreign Subsidiary that are owned by any Grantor (such Equity
Interests being “Foreign Equity”): 
 (a) no action in any jurisdiction other than the United States shall
be required in order to create or perfect any security interest in any assets of the Grantors (it being understood and agreed that no security agreements and no pledge agreements shall be governed under the laws of any jurisdiction other than the
United States); and 
 (b) no representation or warranty by any Grantor herein as to the perfection of any security interest
granted in any Foreign Located Asset or Foreign Equity shall be deemed to refer to any action to create or perfect any security interest in or Lien on such Foreign Located Assets or Foreign Equity owned by such Grantor under the law of any Foreign
Jurisdiction (“Foreign Perfection”) that may be required under the laws of any Foreign Jurisdiction in connection therewith. 

SECTION 7.15. Acknowledgement Regarding Any Supported QFCs. The terms and provisions of Section 11.22 of the Credit
Agreement are incorporated herein by reference, mutatis mutandis, and the parties hereto agree to such terms and provisions. 

  
 28 

 SECTION 7.16. Amendment and Restatement of the Existing Security
Agreement. The parties to the Existing Security Agreement each hereby agrees that the Existing Security Agreement automatically shall be deemed amended, superseded and restated in its entirety by this Security Agreement. All
indebtedness, obligations, liabilities and liens created by the Existing Security Agreement shall continue unimpaired and in full force and effect, as amended and restated in this Security Agreement. This Security Agreement does not constitute
a novation of the obligations and liabilities existing under the Existing Security Agreement, and this Security Agreement evidences the obligations of the Grantors under the Existing Security Agreement as continued and amended and restated hereby.

 [signature pages follow] 

  
 29 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Security Agreement to be duly
executed and delivered by its Responsible Officer as of the date first written above. 
  

							
	GRANTORS:	 		 	GENTHERM INCORPORATED,
		 		 	a Michigan corporation
				
		 		 	By:	 	 /s/ Matteo Anversa

		 		 	Name: Matteo Anversa
		 		 	Title: Chief Financial Officer
			
		 		 	GENTHERM (TEXAS), INC.,
		 		 	a Texas corporation
				
		 		 	By:	 	 /s/ Matteo Anversa

		 		 	Name: Matteo Anversa
		 		 	Title: Chief Financial Officer
			
		 		 	GENTHERM MEDICAL, LLC,
		 		 	an Ohio limited liability company
				
		 		 	By:	 	 /s/ Matteo Anversa

		 		 	Name: Matteo Anversa
		 		 	Title: Chief Financial Officer
			
		 		 	GENTHERM PROPERTIES I, LLC,
		 		 	a Michigan limited liability company
				
		 		 	By:	 	 /s/ Matteo Anversa

		 		 	Name: Matteo Anversa
		 		 	Title: Chief Financial Officer and Treasurer
			
		 		 	GENTHERM PROPERTIES II, LLC,
		 		 	a Michigan limited liability company
				
		 		 	By:	 	 /s/ Matteo Anversa

		 		 	Name: Matteo Anversa
		 		 	Title: Chief Financial Officer and Treasurer

 GENTHERM INCORPORATED 

SECOND AMENDED AND RESTATED PLEDGE AND SECURITY AGREEMENT 

			
	Accepted and agreed to as of the date first above written.
	
	BANK OF AMERICA, N.A., as Administrative Agent
		
	By:	 	 /s/ Felicia Brinson

	Name: Felicia Brinson
	Title: Assistant Vice PresidentExhibit 4.6

 

RIGHTS AGREEMENT

 

This
Rights Agreement (this “Agreement”) is made as of [●], 2022 between Feutune Light Acquisition Corporation,
a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a New York company,
as right  agent (the “Right Agent”).

 

WHEREAS, the Company has received
a firm commitment from US Tiger Securities, Inc and EF Hutton, division of Benchmark Investments, LLC, as the representatives of the several
underwriters, (the “Representatives”), to purchase up to an aggregate of 97,750,000 units (including up to 1,275,000
units if the over-allotment option is exercised in full or in part), each unit (“Unit”) comprised of one share
of Class A common stock of the Company, par value $0.0001 per share (the “Class A Common Stock”), one redeemable
warrant to acquire one share of Class A Common Stock (the “Public Warrants”), and one right to receive one-tenth
(1/10) of one share of Class A Common Stock (the “Public Rights”) upon the happening of the triggering event
described herein, and in connection therewith, will issue and deliver up to an aggregate of 97,750,000 Public Rights upon consummation
of such public offering, 1,275,000 of which are attributable to the over-allotment option (“Public Offering”);

 

WHEREAS, the Company has filed
with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-1, File No. 333-264221 (“Registration Statement”), for the registration, under the Securities Act of 1933, as amended (“Act”)
of, among other securities, the Public Rights and the Class A Common Stock issuable to the holders of the Public Rights;

 

WHEREAS, the Company desires
the Right Agent to act on behalf of the Company, and the Right Agent is willing to so act, in connection with the issuance, registration,
transfer and exchange of the Rights;

 

WHEREAS, the Company desires
to provide for the form and provisions of the Rights, the terms upon which they shall be issued, and the respective rights, limitation
of rights, and immunities of the Company, the Right Agent, and the holders of the Rights; and

 

WHEREAS, all acts and things
have been done and performed which are necessary to make the Rights, when executed on behalf of the Company and countersigned by or on
behalf of the Right Agent, as provided herein, the valid, binding and legal obligations of the Company, and to authorize the execution
and delivery of this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual agreements herein contained, the parties hereto agree as follows:

 

	1.	Appointment of Right Agent. The Company hereby appoints the Right Agent to act as agent for the Company for the Rights, and the Right Agent hereby accepts such appointment and agrees to perform the same in accordance with the terms and conditions set forth in this Agreement.

 

	2.	Rights.

 

	 	2.1.	Form of Right. Each Right shall be issued in registered form only, shall be in substantially the form of Exhibit A hereto, the provisions of which are incorporated herein and shall be signed by, or bear the facsimile signature of, the Chairman of the Board or Chief Executive Officer and Treasurer, Secretary or Assistant Secretary of the Company and shall bear a facsimile of the Company’s seal. In the event the person whose facsimile signature has been placed upon any Right shall have ceased to serve in the capacity in which such person signed the Right before such Right is issued, it may be issued with the same effect as if he or she had not ceased to be such at the date of issuance.

 

     

     

    

 

	 	2.2.	Effect of Countersignature. Unless and until countersigned by the Right Agent pursuant to this Agreement, a Right shall be invalid and of no effect and may not be exchanged for Class A Common Stock. 

 

	 	2.3.	Registration.

 

	 	2.3.1.	Right Register. The Right Agent shall maintain books (“Right Register”) for the registration of original issuance and the registration of transfer of the Rights. Upon the initial issuance of the Rights, the Right Agent shall issue and register the Rights in the names of the respective holders thereof in such denominations and otherwise in accordance with instructions delivered to the Right Agent by the Company.

 

	 	2.3.2.	Registered Holder. Prior to due presentment for registration of transfer of any Right, the Company and the Right Agent may deem and treat the person in whose name such Right shall be registered upon the Right Register (“registered holder”) as the absolute owner of such Right and of each Right represented thereby (notwithstanding any notation of ownership or other writing on the Right Certificate made by anyone other than the Company or the Right Agent), for the purpose of the exchange thereof, and for all other purposes, and neither the Company nor the Right Agent shall be affected by any notice to the contrary.

  

	 	2.4.	Detachability of Rights. The securities comprising the Units, including the Rights, will not be separately transferable until the fifty-second (52nd) day after the date hereof unless the Representatives inform the Company of its decision to allow earlier separate trading, but in no event will separate trading of the securities comprising the Units begin until (i) the Company files a Current Report on Form 8-K which includes an audited balance sheet reflecting the receipt by the Company of the gross proceeds of the Public Offering including the proceeds received by the Company from the exercise of the over-allotment option, if the over-allotment option is exercised on the date hereof, and (ii) the Company issues a press release and files a Current Report on Form 8-K announcing when such separate trading shall begin.

 

	3.	Terms and Exchange of Rights.

 

	 	3.1.	Rights. Each Right shall entitle the holder thereof to receive one-tenth
(1/10) of one share of Class A Common Stock upon the happening of the Exchange Event (described below). Subject to Section 3.3.1 below
with respect to the registered holders of Rights, in the event that the Company is not the surviving entity immediately following the
Exchange Event, holders of Rights shall be entitled to automatically receive the kind and amount of securities or properties of the surviving
entity as the holders of each one-tenth (1/10) of one share of Class A Common Stock is entitled to receive in the Exchange Event. No
additional consideration shall be paid by a holder of Rights in order to receive his, her or its Class A Common Stock upon the Exchange
Event as the purchase price for such shares of Class A Common Stock has been included in the purchase price for the Units. In no event
will the Company be required to net cash settle the Rights or issue fractional  share of Class A Common Stock.

 

    2

     

    

 

	 	3.2.	Exchange Event. The Exchange Event shall be the Company’s consummation of an initial Business Combination (as defined in the Company’s Amended and Restated Certificate of Incorporation).

 

	 	3.3.	Exchange of Rights.

 

	 	3.3.1.	Issuance of Certificates. As soon as practicable upon the occurrence of the Exchange Event, the Company shall direct registered holders of the Rights to return their Rights Certificates to the Right Agent subject to dissenter rights as provided in the applicable law if any in the event that the Company is not the surviving entity in a Business Combination. Upon receipt of a valid Rights Certificate, the Company shall issue to the registered holder of such Right(s) a certificate or certificates for the number of full share of Class A Common Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her or it. Notwithstanding the foregoing, or any provision contained in this Agreement to the contrary, in no event will the Company be required to net cash settle the Rights. The Company shall not issue fractional shares upon exchange of Rights. At the time of the Exchange Event, the Company will instruct the Right Agent to round down to the nearest whole share of Class A Common Stock or otherwise inform it how fractional shares will be addressed in accordance with Delaware General Corporate Law as the same may be amended from time to time. 

 

	 	3.3.2.	Valid Issuance. All shares of Class A Common Stock issued upon an Exchange Event in conformity with this Agreement shall be validly issued, fully paid and nonassessable.

 

	 	3.3.3.	Date of Issuance. Each person in whose name any such certificate for shares of Class A Common Stock is issued shall for all purposes be deemed to have become the holder of record of such shares on the date of the Exchange Event, irrespective of the date of delivery of such certificate.

 

	 	3.3.4.	Company Not Surviving Following Exchange Event. If the Exchange Event results in the Company not continuing as a publicly held reporting entity, the definitive agreement will provide for the holders of Rights to receive the same per share consideration as the holders of the Class A Common Stock will receive in with the Exchange Event, for the number of shares such holder is entitled to pursuant to Section 3.3.1 above.

 

    3

     

    

 

	 	3.4.	Duration of Rights. If the Exchange Event does not occur within 9 months from the closing of the Public Offering (or up to 18 months from the closing of the Public Offering if the Company extends the period of time to consummate a Business Combination, as described in the Registration Statement), and such Business Combination has not yet been consummated within the applicable time period, the Rights shall expire and shall be worthless.

  

	4.	Transfer and Exchange of Rights.

 

	 	4.1.	Registration of Transfer. The Right Agent shall register the transfer, from time to time, of any outstanding Right upon the Right Register, upon surrender of such Right for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new Right representing an equal aggregate number of Rights shall be issued and the old Right shall be cancelled by the Right Agent. The Rights so cancelled shall be delivered by the Right Agent to the Company from time to time upon request.

 

	 	4.2.	Procedure for Surrender of Rights. Rights may be surrendered to the Right Agent, together with a written request for exchange or transfer, and thereupon the Right Agent shall issue in exchange therefor one or more new Rights as requested by the registered holder of the Rights so surrendered, representing an equal aggregate number of Rights; provided, however, that in the event that a Right surrendered for transfer bears a restrictive legend, the Right Agent shall not cancel such Right and issue new Rights in exchange therefor until the Right Agent has received an opinion of counsel for the Company stating that such transfer may be made and indicating whether the new Rights must also bear a restrictive legend.

 

	 	4.3.	Fractional Rights. The Right Agent shall not be required to effect any registration of transfer or exchange which will result in the issuance of a Right Certificate for a fraction of a Right.

 

	 	4.4.	Service Charges. No service charge shall be made for any exchange or registration of transfer of Rights.

 

	 	4.5.	Adjustments to Conversion Ratios. The number of shares of Class A Common Stock that the holders of Rights are entitled to receive as a result of the occurrence of an Exchange Event shall be equitably adjusted to reflect appropriately the effect of any stock split, stock dividend, reorganization, recapitalization, reclassification, combination, exchange of stock or other like change with respect to shares of Class A Common Stock occurring on or after the date hereof and prior to the Exchange Event.

 

	 	4.6.	Right Execution and Countersignature. The Right Agent is hereby authorized to countersign and to deliver, in accordance with the terms of this Agreement, the Rights required to be issued pursuant to the provisions of this Section 4, and the Company, whenever required by the Right Agent, will supply the Right Agent with Rights duly executed on behalf of the Company for such purpose.

 

    4

     

    

 

	5.	Other Provisions Relating to Rights of Holders of Rights.

 

	 	5.1.	No Rights as Stockholder. Until exchange of a Right for shares of Class A Common Stock as provided for herein, a Right does not entitle the registered holder thereof to any of the rights of a stockholder of the Company, including, without limitation, the right to receive dividends, or other distributions, exercise any preemptive rights to vote or to consent or to receive notice as stockholders in respect of the meetings of stockholders or the election of directors of the Company or any other matter.

 

	 	5.2.	Lost, Stolen, Mutilated, or Destroyed Rights. If any Right is lost, stolen, mutilated, or destroyed, the Company and the Right Agent may on such terms as to indemnity or otherwise as they may in their discretion impose (which shall, in the case of a mutilated Right, include the surrender thereof), issue a new Right of like denomination, tenor, and date as the Right so lost, stolen, mutilated, or destroyed. Any such new Right shall constitute a substitute contractual obligation of the Company, whether or not the allegedly lost, stolen, mutilated, or destroyed Right shall be at any time enforceable by anyone.

 

	 	5.3.	Reservation of  shares of Class A Common Stock. The Company shall at all times reserve and keep available a number of its authorized but unissued  shares of Class A Common Stock that will be sufficient to permit the exchange of all outstanding Rights issued pursuant to this Agreement.

 

	6.	Concerning the Right Agent and Other Matters.

 

	 	6.1.	Payment of Taxes. The Company will from time to time promptly pay all taxes and charges that may be imposed upon the Company or the Right Agent in respect of the issuance or delivery of  shares of Class A Common Stock upon the exchange of Rights, but the Company shall not be obligated to pay any transfer taxes in respect of the Rights or such shares.

 

	 	6.2.	Resignation, Consolidation, or Merger of Right Agent.

 

	 	6.2.1.	Appointment of Successor Right Agent. The Right Agent, or any successor to it hereafter appointed, may resign its duties and be discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. If the office of the Right Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor Right Agent in place of the Right Agent. If the Company shall fail to make such appointment within a period of 30 days after it has been notified in writing of such resignation or incapacity by the Right Agent or by the holder of the Right (who shall, with such notice, submit his, her or its Right for inspection by the Company), then the holder of any Right may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor Right Agent at the Company’s cost. Any successor Right Agent, whether appointed by the Company or by such court, shall be a corporation organized and existing under the laws of the State of New York, in good standing and having its principal office in the Borough of Manhattan, City and State of New York, and authorized under such laws to exercise corporate trust powers and subject to supervision or examination by federal or state authority. After appointment, any successor Right Agent shall be vested with all the authority, powers, rights, immunities, duties, and obligations of its predecessor Right Agent with like effect as if originally named as Right Agent hereunder, without any further act or deed; but if for any reason it becomes necessary or appropriate, the predecessor Right Agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor Right Agent all the authority, powers, and rights of such predecessor Right Agent hereunder; and upon request of any successor Right Agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully and effectually vesting in and confirming to such successor Right Agent all such authority, powers, rights, immunities, duties, and obligations.

 

    5

     

    

 

	 	6.2.2.	Notice of Successor Right Agent. In the event a successor Right Agent shall be appointed, the Company shall give notice thereof to the predecessor Right Agent and the transfer agent for the Class A Common Stock not later than the effective date of any such appointment.

 

	 	6.2.3.	Merger or Consolidation of Right Agent. Any corporation into which the Right Agent may be merged or with which it may be consolidated or any corporation resulting from any merger or consolidation to which the Right Agent shall be a party shall be the successor Right Agent under this Agreement without any further act.

 

	 	6.3.	Fees and Expenses of Right Agent.

 

	 	6.3.1.	Remuneration. The Company agrees to pay the Right Agent reasonable remuneration for its services as such Right Agent hereunder and will reimburse the Right Agent upon demand for all expenditures that the Right Agent may reasonably incur in the execution of its duties hereunder.

 

	 	6.3.2.	Further Assurances. The Company agrees to perform, execute, acknowledge, and deliver or cause to be performed, executed, acknowledged, and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Right Agent for the carrying out or performing of the provisions of this Agreement.

 

	 	6.4.	Liability of Right Agent.

 

	 	6.4.1.	Reliance on Company Statement. Whenever in the performance of its duties under this Agreement, the Right Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by the Chief Executive Officer or Chief Financial Officer and delivered to the Right Agent. The Right Agent may rely upon such statement for any action taken or suffered in good faith by it pursuant to the provisions of this Agreement.

 

	 	6.4.2.	Indemnity. The Right Agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Subject to Section 6.6, the Company agrees to indemnify the Right Agent and save it harmless against any and all liabilities, including judgments, costs and reasonable counsel fees, for anything done or omitted by the Right Agent in the execution of this Agreement except as a result of the Right Agent’s gross negligence, willful misconduct, or bad faith.

 

    6

     

    

 

	 	6.4.3.	Exclusions. The Right Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the validity or execution of any Right (except its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Right; nor shall it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any  shares of Class A Common Stock to be issued pursuant to this Agreement or any Right or as to whether any shares of Class A Common Stock will, when issued, be valid and fully paid and nonassessable.

 

	 	6.5.	Acceptance of Agency. The Right Agent hereby accepts the agency established by this Agreement and agrees to perform the same upon the terms and conditions herein set forth.

 

	 	6.6.	Waiver. The Right Agent hereby waives any right of set-off or any other right, title, interest or claim of any kind (“Claim”) in, or to any distribution of, the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date hereof, by and between the Company and the Right Agent as trustee thereunder) and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

 

	7.	Miscellaneous Provisions.

 

	 	7.1.	Successors. All the covenants and provisions of this Agreement by or for the benefit of the Company or the Right Agent shall bind and inure to the benefit of their respective successors and assigns.

 

	 	7.2.	Notices. Any notice, statement or demand authorized by this Agreement to be given or made by the Right Agent or by the holder of any Right to or on the Company shall be sufficiently given when so delivered if by hand or overnight delivery or if sent by certified mail or private courier service within five days after deposit of such notice, postage prepaid, addressed (until another address is filed in writing by the Company with the Right Agent), as follows:

 

Feutune Light Acquisition Corporation

48 Bridge Street, Building A

Metuchen, New Jersey 08840

Attn: Yuanmei Ma

Email: sunnymei2005@gmail.com

 

and

 

Robinson & Cole LLP

Chrysler East Building

666 Third Avenue, 20th floor

New York, NY 10017

Attn: Arila E. Zhou, Esq.

Email: azhou@rc.com

 

Continental Stock Transfer & Trust
Company

1 State Street, 30th Floor

New York, NY 10004

Attn: Compliance Department

 

and

 

US Tiger Securities, Inc.

437 Madison Avenue, 27th Floor

New York, NY 10022

Attn: Lei Huang

Email: lei.huang@ustigersecurities.com

 

and

 

EF Hutton Group, division of Benchmark
Investments, LLC

590 Madison Avenue, 39th Floor

New York, NY 10022

Attn: Joseph T. Rallo, Chief Executive
Officer

Email: jrallo@efhuttongroup.com

 

and

 

Winston & Strawn LLP

800 Capitol Street

Suite 2400

Houston, Texas 77002

Attn: Michael Blankenship

Email: mblankenship@winston.com

 

    7

     

    

 

	 	7.3.	Applicable Law. The validity, interpretation, and performance of this Agreement and of the Rights shall be governed in all respects by the laws of the State of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The Company hereby agrees that any action, proceeding or claim against it arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. The Company hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Any such process or summons to be served upon the Company may be served by transmitting a copy thereof by registered or certified mail, return receipt requested, postage prepaid, addressed to it at the address set forth in Section 7.2 hereof. Such mailing shall be deemed personal service and shall be legal and binding upon the Company in any action, proceeding or claim.

 

	 	7.4.	Persons Having Rights under this Agreement. Nothing in this Agreement expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the registered holders of the Rights and, for the purposes of Sections 3.1, 3.2, 7.4 and 7.8 hereof, the Representatives, any right, remedy, or claim under or by reason of this Agreement or of any covenant, condition, stipulation, promise, or agreement hereof. the Representatives shall be deemed to be a third-party beneficiary of this Agreement with respect to Sections 3.1, 3.2, 7.4 and 7.8 hereof. All covenants, conditions, stipulations, promises, and agreements contained in this Agreement shall be for the sole and exclusive benefit of the parties hereto (and the Representatives with respect to Sections 3.1, 3.2, 7.4 and 7.8 hereof) and their successors and assigns and of the registered holders of the Rights.

 

	 	7.5.	Examination of this Agreement. A copy of this Agreement shall be available at all reasonable times at the office of the Right Agent in the Borough of Manhattan, City and State of New York, for inspection by the registered holder of any Right. The Right Agent may require any such holder to submit his, her or its Right for inspection by it.

 

	 	7.6.	Counterparts. This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

	 	7.7.	Effect of Headings. The Section headings herein are for convenience only and are not part of this Agreement and shall not affect the interpretation thereof.

 

	 	7.8.	Amendments. This Agreement may be amended by the parties hereto without the consent of any registered holder for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained herein or adding or changing any other provisions with respect to matters or questions arising under this Agreement as the parties may deem necessary or desirable and that the parties deem shall not adversely affect the interest of the registered holders. All other modifications or amendments shall require the written consent or vote of the registered holders of a majority of the then outstanding Rights. The provisions of this Section 7.8 may not be modified, amended or deleted without the prior written consent of the Representatives.

 

	 	7.9.	Severability. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

 

[Signature Page Follows]

 

     

     

    

 

IN WITNESS WHEREOF, this Agreement
has been duly executed by the parties hereto as of the day and year first above written.

 

	 	FEUTUNE LIGHT ACQUISITION CORPORATION
	 	 
	 	By:	 
	 	 	Name: 	Yuanmei Ma 
	 	 	Title: 	Chief Financial Officer
	 	 	 
	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY, AS RIGHT AGENT
	 	 	 
	 	By:	 
	 	 	Name:	[●]
	 	 	Title:	[●]

 

[Signature Page to Rights Agreement- Feutune
Light Acquisition Corporation]

 

     

     

    

 

EXHIBIT A

Form of Right

 

 

 

     

     

    

 

	NUMBER 	SPECIMEN RIGHTS CERTIFICATE

 

FEUTUNE LIGHT ACQUISITION CORPORATION

INCORPORATED UNDER THE LAWS OF DELAWARE

RIGHT

 

SEE REVERSE FOR

CERTAIN DEFINITIONS

 

CUSIP [●]

 

THIS CERTIFIES THAT, for value received

 

is the registered holder of a right or rights
(the “Right”) to automatically receive one-tenth (1/10) of one share of Class A common stock, $0.0001 par value
(“Class A Common Stock”), of Feutune Light Acquisition Corporation (the “Company”)
for each Right evidenced by this Rights Certificate on the Company’s completion of an initial business combination (as defined in
the prospectus relating to the Company’s initial public offering (“Prospectus”)) upon surrender of this
Right Certificate pursuant to the Rights Agreement between the Company and Continental Stock Transfer & Trust Company, as Rights Agent.
In no event will the Company be required to net cash settle any Right.

 

Upon liquidation of the Company in the event an
initial business combination is not consummated during the required period as identified in the Company’s Amended and Restated Memorandum
and Certificate of Incorporation , the Right shall expire and be worthless. The holder of a Right shall have no right or interest of any
kind in the Company’s trust account (as defined in the Prospectus).

 

Upon due presentment for registration of transfer
of the Right Certificate at the office or agency of the Rights Agent, a new Right Certificate or Right Certificates of like tenor and
evidencing in the aggregate a like number of Rights shall be issued to the transferee in exchange for this Right Certificate, without
charge except for any applicable tax or other governmental charge. The Company shall not issue fractional share upon exchange of Rights.
The Company reserves the right to deal with any fractional entitlement at the relevant time in any manner (as provided in the Rights Agreement).

 

The Company and the Rights Agent may deem and
treat the registered holder as the absolute owner of this Right Certificate (notwithstanding any notation of ownership or other writing
hereon made by anyone), for the purpose of any conversion hereof, of any distribution to the registered holder, and for all other purposes,
and neither the Company nor the Right Agent shall be affected by any notice to the contrary.

 

This Right does not entitle the registered holder
to any of the rights of a stockholder of the Company.

 

Dated:

 

	 	 	 
	CHAIRMAN	 	CHIEF FINANCIAL OFFICER

 

	 	 	 
	Continental Stock Transfer & Trust Company, as Rights Agent	 	 

 

     

     

    

 

The following abbreviations,
when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to
applicable laws or regulations:

 

	TEN COM – as tenants in common	UNIF GIFT MIN ACT - __________ Custodian __________
	 	 
	TEN ENT – as tenants by the entireties	(Cust) (Minor)
	JT TEN – as joint tenants with right of survivorship	under Uniform Gifts to Minors
	 	 
	and not as tenants in common	Act __________
	 	(State)

 

Additional Abbreviations may also be used though
not in the above list.

	 

 

Feutune Light Acquisition
Corporation 

 

The Company will furnish without
charge to each stockholder who so requests the powers, designations, preferences and relative, participating, optional or other special
rights of each class of stock or series thereof of the Company and the qualifications, limitations, or restrictions of such preferences
and/or rights. This certificate and the rights represented thereby are issued and shall be held subject to all the provisions of the memorandum
and articles of association and all amendments thereto and resolutions of the Board of Directors providing for the issue of shares of
Class A Common Stock (copies of which may be obtained from the secretary of the Company), to all of which the holder of this certificate
by acceptance hereof assents.

 

For value received, ___________________________
hereby sell, assign and transfer unto

 

PLEASE INSERT SOCIAL SECURITY OR OTHER

 

IDENTIFYING NUMBER OF ASSIGNEE

 

	 	 

 

(PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING
ZIP CODE, OF ASSIGNEE)

	 	 
	 	 

 

	 	 
	Rights represented by the within Certificate, and do hereby irrevocably constitute and appoint	 
	 	 
	Attorney to transfer said rights on the books of the within named Company will full power of substitution in the premises.	 

 

Dated _____________________

 

	 	Notice:	The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular, without alteration or enlargement or any change whatever.
	 	 	 

Signature(s) Guaranteed:

	 	 
	THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).	 

 

The holder of this certificate shall have no right
or interest of any kind in or to the funds held in the Company’s trust account (as defined in the Prospectus).

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