Document:

EX-10.1

 Exhibit 10.1 

Execution Version 
  

					
		 	Published CUSIP Number:	  	
		 	Revolving Credit CUSIP Number:	  	

  
  

 
 $300,000,000 

CREDIT AGREEMENT 
 dated as
of November 16, 2015, 
 by and among 

TYLER TECHNOLOGIES, INC., 

as Borrower, 
 the Lenders referred
to herein, 
 as Lenders, 
 and

 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Administrative Agent, 
 Swingline
Lender and Issuing Lender 
 COMPASS BANK 

and 
 SUNTRUST BANK, 

as Co-Syndication Agents 
 and 

CITIZENS BANK, NATIONAL ASSOCIATION, 

REGIONS BANK 
 and 

MUFG UNION BANK, N.A., 
 as
Co-Documentation Agents 
 WELLS FARGO SECURITIES, LLC, 

as Sole Lead Arranger and Sole Bookrunner 
  

 
  

 TABLE OF CONTENTS 

 

									
	 	 	 	 	 	  	Page	 
		
	 ARTICLE I        DEFINITIONS 
	  	 	1	  
				
		 	 SECTION 1.1
	 	 Definitions
	  	 	1	  
				
		 	 SECTION 1.2
	 	 Other Definitions and Provisions
	  	 	28	  
				
		 	 SECTION 1.3
	 	 Accounting Terms
	  	 	28	  
				
		 	 SECTION 1.4
	 	 UCC Terms
	  	 	29	  
				
		 	 SECTION 1.5
	 	 Rounding
	  	 	29	  
				
		 	 SECTION 1.6
	 	 References to Agreement and Laws
	  	 	29	  
				
		 	 SECTION 1.7
	 	 Times of Day
	  	 	29	  
				
		 	 SECTION 1.8
	 	 Letter of Credit Amounts
	  	 	29	  
				
		 	 SECTION 1.9
	 	 Guarantees
	  	 	30	  
				
		 	 SECTION 1.10
	 	 Covenant Compliance Generally
	  	 	30	  
		
	 ARTICLE II        REVOLVING CREDIT FACILITY
	  	 	30	  
				
		 	 SECTION 2.1
	 	 Revolving Credit Loans
	  	 	30	  
				
		 	 SECTION 2.2
	 	 Swingline Loans
	  	 	30	  
				
		 	 SECTION 2.3
	 	 Procedure for Advances of Revolving Credit Loans and Swingline Loans
	  	 	32	  
				
		 	 SECTION 2.4
	 	 Repayment and Prepayment of Revolving Credit and Swingline Loans
	  	 	33	  
				
		 	 SECTION 2.5
	 	 Permanent Reduction of the Revolving Credit Commitment
	  	 	34	  
				
		 	 SECTION 2.6
	 	 Termination of Revolving Credit Facility
	  	 	35	  
		
	 ARTICLE III        LETTER OF CREDIT FACILITY
	  	 	35	  
				
		 	 SECTION 3.1
	 	 L/C Facility
	  	 	35	  
				
		 	 SECTION 3.2
	 	 Procedure for Issuance of Letters of Credit
	  	 	36	  
				
		 	 SECTION 3.3
	 	 Commissions and Other Charges
	  	 	36	  
				
		 	 SECTION 3.4
	 	 L/C Participations
	  	 	37	  
				
		 	 SECTION 3.5
	 	 Reimbursement Obligation of the Borrower
	  	 	38	  
				
		 	 SECTION 3.6
	 	 Obligations Absolute
	  	 	38	  
				
		 	 SECTION 3.7
	 	 Effect of Letter of Credit Application
	  	 	39	  
				
		 	 SECTION 3.8
	 	 Letters of Credit Issued for Subsidiaries
	  	 	39	  
		
	 ARTICLE IV        INCREMENTAL LOANS
	  	 	39	  
				
		 	 SECTION 4.1
	 	 Incremental Loans
	  	 	39	  
		
	 ARTICLE V        GENERAL LOAN PROVISIONS
	  	 	42	  
				
		 	 SECTION 5.1
	 	 Interest
	  	 	42	  

  
 i 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
		 	 SECTION 5.2
	 	 Notice and Manner of Conversion or Continuation of Loans
	  	 	43	  
				
		 	 SECTION 5.3
	 	 Fees
	  	 	44	  
				
		 	 SECTION 5.4
	 	 Manner of Payment
	  	 	44	  
				
		 	 SECTION 5.5
	 	 Evidence of Indebtedness
	  	 	45	  
				
		 	 SECTION 5.6
	 	 Sharing of Payments by Lenders
	  	 	45	  
				
		 	 SECTION 5.7
	 	 Administrative Agent’s Clawback
	  	 	46	  
				
		 	 SECTION 5.8
	 	 Changed Circumstances
	  	 	47	  
				
		 	 SECTION 5.9
	 	 Indemnity
	  	 	48	  
				
		 	 SECTION 5.10
	 	 Increased Costs
	  	 	48	  
				
		 	 SECTION 5.11
	 	 Taxes
	  	 	49	  
				
		 	 SECTION 5.12
	 	 Mitigation Obligations; Replacement of Lenders
	  	 	53	  
				
		 	 SECTION 5.13
	 	 Cash Collateral
	  	 	54	  
				
		 	 SECTION 5.14
	 	 Defaulting Lenders
	  	 	55	  
		
	 ARTICLE VI        CONDITIONS OF CLOSING AND BORROWING
	  	 	57	  
				
		 	 SECTION 6.1
	 	 Conditions to Closing and Initial Extensions of Credit
	  	 	57	  
				
		 	 SECTION 6.2
	 	 Conditions to All Extensions of Credit
	  	 	61	  
		
	 ARTICLE VII        REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES
	  	 	62	  
				
		 	 SECTION 7.1
	 	 Organization; Power; Qualification
	  	 	62	  
				
		 	 SECTION 7.2
	 	 Ownership
	  	 	62	  
				
		 	 SECTION 7.3
	 	 Authorization; Enforceability
	  	 	62	  
				
		 	 SECTION 7.4
	 	 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc
	  	 	63	  
				
		 	 SECTION 7.5
	 	 Compliance with Law; Governmental Approvals
	  	 	63	  
				
		 	 SECTION 7.6
	 	 Tax Returns and Payments
	  	 	63	  
				
		 	 SECTION 7.7
	 	 Intellectual Property Matters
	  	 	64	  
				
		 	 SECTION 7.8
	 	 Environmental Matters
	  	 	64	  
				
		 	 SECTION 7.9
	 	 Employee Benefit Matters
	  	 	65	  
				
		 	 SECTION 7.10
	 	 Margin Stock
	  	 	66	  
				
		 	 SECTION 7.11
	 	 Government Regulation
	  	 	66	  
				
		 	 SECTION 7.12
	 	 Employee Relations
	  	 	66	  
				
		 	 SECTION 7.13
	 	 Burdensome Provisions
	  	 	66	  
				
		 	 SECTION 7.14
	 	 Financial Statements
	  	 	66	  
				
		 	 SECTION 7.15
	 	 No Material Adverse Change    
	  	 	67	  

  
 ii 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
		 	 SECTION 7.16
	 	 Solvency
	  	 	67	  
				
		 	 SECTION 7.17
	 	 Title to Properties
	  	 	67	  
				
		 	 SECTION 7.18
	 	 Litigation
	  	 	67	  
				
		 	 SECTION 7.19
	 	 Insurance
	  	 	67	  
				
		 	 SECTION 7.20
	 	 Anti-Corruption Laws and Sanctions
	  	 	67	  
				
		 	 SECTION 7.21
	 	 Absence of Defaults
	  	 	68	  
				
		 	 SECTION 7.22
	 	 Senior Indebtedness Status
	  	 	68	  
				
		 	 SECTION 7.23
	 	 Security Documents
	  	 	68	  
				
		 	 SECTION 7.24
	 	 Disclosure
	  	 	68	  
		
	 ARTICLE VIII        AFFIRMATIVE COVENANTS
	  	 	69	  
				
		 	 SECTION 8.1
	 	 Financial Statements and Budgets
	  	 	69	  
				
		 	 SECTION 8.2
	 	 Certificates; Other Reports
	  	 	70	  
				
		 	 SECTION 8.3
	 	 Notice of Litigation and Other Matters
	  	 	72	  
				
		 	 SECTION 8.4
	 	 Preservation of Corporate Existence and Related Matters
	  	 	73	  
				
		 	 SECTION 8.5
	 	 Maintenance of Property and Licenses
	  	 	73	  
				
		 	 SECTION 8.6
	 	 Insurance
	  	 	73	  
				
		 	 SECTION 8.7
	 	 Accounting Methods and Financial Records
	  	 	73	  
				
		 	 SECTION 8.8
	 	 Payment of Taxes and Other Obligations
	  	 	73	  
				
		 	 SECTION 8.9
	 	 Compliance with Laws and Approvals
	  	 	73	  
				
		 	 SECTION 8.10
	 	 Environmental Laws
	  	 	74	  
				
		 	 SECTION 8.11
	 	 Compliance with ERISA
	  	 	74	  
				
		 	 SECTION 8.12
	 	 Visits and Inspections
	  	 	74	  
				
		 	 SECTION 8.13
	 	 Additional Subsidiaries
	  	 	74	  
				
		 	 SECTION 8.14
	 	 Use of Proceeds
	  	 	76	  
				
		 	 SECTION 8.15
	 	 Compliance with Anti-Corruption Laws and Sanctions
	  	 	76	  
				
		 	 SECTION 8.16
	 	 Corporate Governance
	  	 	76	  
				
		 	 SECTION 8.17
	 	 Further Assurances
	  	 	76	  
				
		 	 SECTION 8.18
	 	 Post-Closing Matters
	  	 	76	  
		
	 ARTICLE IX        NEGATIVE COVENANTS
	  	 	77	  
				
		 	 SECTION 9.1
	 	 Indebtedness
	  	 	77	  
				
		 	 SECTION 9.2
	 	 Liens
	  	 	79	  
				
		 	 SECTION 9.3
	 	 Investments    
	  	 	80	  

  
 iii 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
		 	 SECTION 9.4
	 	 Fundamental Changes
	  	 	82	  
				
		 	 SECTION 9.5
	 	 Asset Dispositions
	  	 	83	  
				
		 	 SECTION 9.6
	 	 Restricted Payments
	  	 	84	  
				
		 	 SECTION 9.7
	 	 Transactions with Affiliates
	  	 	84	  
				
		 	 SECTION 9.8
	 	 Accounting Changes; Organizational Documents
	  	 	85	  
				
		 	 SECTION 9.9
	 	 Payments and Modifications of Subordinated Indebtedness
	  	 	85	  
				
		 	 SECTION 9.10
	 	 No Further Negative Pledges; Restrictive Agreements
	  	 	86	  
				
		 	 SECTION 9.11
	 	 Nature of Business
	  	 	86	  
				
		 	 SECTION 9.12
	 	 Amendments of Other Documents
	  	 	86	  
				
		 	 SECTION 9.13
	 	 Sale Leasebacks
	  	 	87	  
				
		 	 SECTION 9.14
	 	 Financial Covenants
	  	 	87	  
				
		 	 SECTION 9.15
	 	 Disposal of Subsidiary Interests
	  	 	87	  
		
	 ARTICLE X        DEFAULT AND REMEDIES
	  	 	87	  
				
		 	 SECTION 10.1
	 	 Events of Default
	  	 	87	  
				
		 	 SECTION 10.2
	 	 Remedies
	  	 	89	  
				
		 	 SECTION 10.3
	 	 Rights and Remedies Cumulative; Non-Waiver; etc
	  	 	90	  
				
		 	 SECTION 10.4
	 	 Crediting of Payments and Proceeds
	  	 	91	  
				
		 	 SECTION 10.5
	 	 Administrative Agent May File Proofs of Claim
	  	 	91	  
				
		 	 SECTION 10.6
	 	 Credit Bidding
	  	 	92	  
		
	 ARTICLE XI        THE ADMINISTRATIVE AGENT
	  	 	92	  
				
		 	 SECTION 11.1
	 	 Appointment and Authority
	  	 	92	  
				
		 	 SECTION 11.2
	 	 Rights as a Lender
	  	 	93	  
				
		 	 SECTION 11.3
	 	 Exculpatory Provisions
	  	 	93	  
				
		 	 SECTION 11.4
	 	 Reliance by the Administrative Agent
	  	 	94	  
				
		 	 SECTION 11.5
	 	 Delegation of Duties
	  	 	94	  
				
		 	 SECTION 11.6
	 	 Resignation of Administrative Agent
	  	 	95	  
				
		 	 SECTION 11.7
	 	 Non-Reliance on Administrative Agent and Other Lenders
	  	 	96	  
				
		 	 SECTION 11.8
	 	 No Other Duties, Etc
	  	 	96	  
				
		 	 SECTION 11.9
	 	 Collateral and Guaranty Matters
	  	 	96	  
				
		 	 SECTION 11.10
	 	 Secured Hedge Agreements and Secured Cash Management Agreements
	  	 	97	  
		
	 ARTICLE XII        MISCELLANEOUS
	  	 	98	  
				
		 	 SECTION 12.1
	 	 Notices
	  	 	98	  

  
 iv 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	 	 	  	Page	 
				
		 	 SECTION 12.2
	 	 Amendments, Waivers and Consents
	  	 	100	  
				
		 	 SECTION 12.3
	 	 Expenses; Indemnity
	  	 	102	  
				
		 	 SECTION 12.4
	 	 Right of Setoff
	  	 	103	  
				
		 	 SECTION 12.5
	 	 Governing Law; Jurisdiction, Etc
	  	 	104	  
				
		 	 SECTION 12.6
	 	 Waiver of Jury Trial
	  	 	105	  
				
		 	 SECTION 12.7
	 	 Reversal of Payments
	  	 	105	  
				
		 	 SECTION 12.8
	 	 Injunctive Relief
	  	 	105	  
				
		 	 SECTION 12.9
	 	 Successors and Assigns; Participations
	  	 	105	  
				
		 	 SECTION 12.10
	 	 Treatment of Certain Information; Confidentiality
	  	 	109	  
				
		 	 SECTION 12.11
	 	 Performance of Duties
	  	 	110	  
				
		 	 SECTION 12.12
	 	 All Powers Coupled with Interest
	  	 	110	  
				
		 	 SECTION 12.13
	 	 Survival
	  	 	110	  
				
		 	 SECTION 12.14
	 	 Titles and Captions
	  	 	111	  
				
		 	 SECTION 12.15
	 	 Severability of Provisions
	  	 	111	  
				
		 	 SECTION 12.16
	 	 Counterparts; Integration; Effectiveness; Electronic Execution
	  	 	111	  
				
		 	 SECTION 12.17
	 	 Term of Agreement
	  	 	111	  
				
		 	 SECTION 12.18
	 	 USA PATRIOT Act
	  	 	112	  
				
		 	 SECTION 12.19
	 	 Independent Effect of Covenants
	  	 	112	  
				
		 	 SECTION 12.20
	 	 No Advisory or Fiduciary Responsibility
	  	 	112	  
				
		 	 SECTION 12.21
	 	 Inconsistencies with Other Documents
	  	 	113	  

  
 v 

					
	EXHIBITS	 		    	
			
	Exhibit A-1	 	-	    	Form of Revolving Credit Note
	Exhibit A-2	 	-	    	Form of Swingline Note
	Exhibit A-3	 	-	    	Form of Incremental Term Loan Note
	Exhibit B	 	-	    	Form of Notice of Borrowing
	Exhibit C	 	-	    	Form of Notice of Account Designation
	Exhibit D	 	-	    	Form of Notice of Prepayment
	Exhibit E	 	-	    	Form of Notice of Conversion/Continuation
	Exhibit F	 	-	    	Form of Officer’s Compliance Certificate
	Exhibit G	 	-	    	Form of Assignment and Assumption
	Exhibit H-1	 	-	    	Form of U.S. Tax Compliance Certificate (Non-Partnership Foreign Lenders)
	Exhibit H-2	 	-	    	Form of U.S. Tax Compliance Certificate (Non-Partnership Foreign Participants)
	Exhibit H-3	 	-	    	Form of U.S. Tax Compliance Certificate (Foreign Participant Partnerships)
	Exhibit H-4	 	-	    	Form of U.S. Tax Compliance Certificate (Foreign Lender Partnerships)
	Exhibit I	 	-	    	IP Reporting Certificate
			
	SCHEDULES	 		    	
			
	Schedule 1.1	 	-	    	Commitments and Commitment Percentages
	Schedule 7.1	 	-	    	Jurisdictions of Organization and Qualification
	Schedule 7.2	 	-	    	Subsidiaries and Capitalization
	Schedule 7.6	 	-	    	Tax Matters
	Schedule 7.9	 	-	    	ERISA Plans
	Schedule 7.12	 	-	    	Labor and Collective Bargaining Agreements
	Schedule 7.17	 	-	    	Real Property
	Schedule 8.18	 	-	    	Post-Closing Matters
	Schedule 9.1	 	-	    	Existing Indebtedness
	Schedule 9.2	 	-	    	Existing Liens
	Schedule 9.3	 	-	    	Existing Loans, Advances and Investments
	Schedule 9.7	 	-	    	Transactions with Affiliates

  
 vi 

 CREDIT AGREEMENT, dated as of November 16, 2015, by and among TYLER TECHNOLOGIES, INC., a
Delaware corporation, as Borrower, the lenders who are party to this Agreement and the lenders who may become a party to this Agreement pursuant to the terms hereof, as Lenders, and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking
association, as Administrative Agent for the Lenders. 
 STATEMENT OF PURPOSE 

The Borrower has requested, and subject to the terms and conditions set forth in this Agreement, the Administrative Agent and the Lenders have
agreed to extend, certain credit facilities to the Borrower. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by the parties hereto, such parties hereby agree as follows: 
 ARTICLE I 

DEFINITIONS 
 SECTION 1.1
Definitions. The following terms when used in this Agreement shall have the meanings assigned to them below: 

“Acquisition” means any transaction, or any series of related transactions, consummated on or after the date of this
Agreement, by which any Credit Party or any of its Subsidiaries (a) acquires any going business or all or substantially all of the assets of any Person, or division thereof, whether through purchase of assets, merger or otherwise or
(b) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the securities of a corporation which have ordinary voting power for the election
of directors (other than securities having such power only by reason of the happening of a contingency) or a majority (by percentage or voting power) of the outstanding ownership interests of a partnership or limited liability company. 

“Administrative Agent” means Wells Fargo, in its capacity as Administrative Agent hereunder, and any successor thereto
appointed pursuant to Section 11.6. 
 “Administrative Agent’s Office” means the office of the
Administrative Agent specified in or determined in accordance with the provisions of Section 12.1(c). 
 “Administrative
Questionnaire” means an administrative questionnaire in a form supplied by the Administrative Agent. 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Agreement” means
this Credit Agreement. 
 “Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to
the Borrower or its Subsidiaries from time to time concerning or relating to bribery or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder. 

 “Applicable Law” means all applicable provisions of constitutions, laws,
statutes, ordinances, rules, treaties, regulations, permits, licenses, approvals, interpretations and orders of Governmental Authorities and all orders and decrees of all courts and arbitrators. 

“Applicable Margin” means the corresponding percentages per annum as set forth below based on the Consolidated Total Leverage
Ratio: 
  

															
	 	  	 	  	 	 	 	Revolving Credit
Loans	 
	 Pricing
Level
	  	 Consolidated Total Leverage Ratio
	  	Commitment
Fee	 	 	LIBOR
+	 	 	Base Rate
+	 
	I	  	Less than to 1.00 to 1.00	  	 	0.25	% 	 	 	1.25	% 	 	 	0.25	% 
	II	  	Greater than or equal to 1.00 to 1.00, but less than 2.50 to 1.00	  	 	0.25	% 	 	 	1.50	% 	 	 	0.50	% 
	III	  	Greater than or equal to 2.50 to 1.00, but less than 3.50 to 1.00	  	 	0.30	% 	 	 	1.75	% 	 	 	0.75	% 
	IV	  	Greater than or equal to 3.50 to 1.00	  	 	0.35	% 	 	 	2.00	% 	 	 	1.00	% 

 The Applicable Margin shall be determined and adjusted quarterly on the date five (5) Business Days after the day on
which the Borrower provides an Officer’s Compliance Certificate pursuant to Section 8.2(a) for the most recently ended fiscal quarter of the Borrower (each such date, a “Calculation Date”); provided that
(a) the Applicable Margin shall be based on Pricing Level I until the first Calculation Date occurring after the Closing Date and, thereafter the Pricing Level shall be determined by reference to the Consolidated Total Leverage Ratio as of the
last day of the most recently ended fiscal quarter of the Borrower preceding the applicable Calculation Date, and (b) if the Borrower fails to provide an Officer’s Compliance Certificate when due as required by Section 8.2(a)
for the most recently ended fiscal quarter of the Borrower preceding the applicable Calculation Date, the Applicable Margin from the date on which such Officer’s Compliance Certificate was required to have been delivered shall be based on
Pricing Level IV until such time as such Officer’s Compliance Certificate is delivered, at which time the Pricing Level shall be determined by reference to the Consolidated Total Leverage Ratio as of the last day of the most recently ended
fiscal quarter of the Borrower preceding such Calculation Date. The applicable Pricing Level shall be effective from one Calculation Date until the next Calculation Date. Any adjustment in the Pricing Level shall be applicable to all Extensions of
Credit then existing or subsequently made or issued. 
 Notwithstanding the foregoing, in the event that any financial statement or Officer’s
Compliance Certificate delivered pursuant to Section 8.1 or 8.2(a) is shown to be inaccurate (regardless of whether (i) this Agreement is in effect, (ii) any Commitments are in effect, or (iii) any Extension of
Credit is outstanding when such inaccuracy is discovered or such financial statement or Officer’s Compliance Certificate was delivered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any
period (an “Applicable Period”) than the Applicable Margin applied for such Applicable Period, then (A) the Borrower shall immediately deliver to the Administrative Agent a corrected Officer’s Compliance Certificate for
such Applicable Period, (B) the Applicable Margin for such Applicable Period shall be determined as if the Consolidated Total Leverage Ratio in the corrected Officer’s Compliance Certificate were applicable for such Applicable Period, and
(C) the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent the accrued additional interest and fees owing as a result of such increased Applicable Margin for such Applicable Period, which payment shall
be promptly applied by the Administrative Agent in accordance with Section 5.4. Nothing 

  
 2 

 
in this paragraph shall limit the rights of the Administrative Agent and Lenders with respect to Sections 5.1(b) and 10.2 nor any of their other rights under this Agreement or
any other Loan Document. The Borrower’s obligations under this paragraph shall survive the termination of the Commitments and the repayment of all other Obligations hereunder. 

The Applicable Margin shall (a) with respect to any Revolving Extensions of Credit, be increased as, and to the extent, required by
Section 4.1 and (b) with respect to any Incremental Term Loans, be determined pursuant to, and in accordance with, Section 4.1. 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Arranger” means Wells Fargo
Securities, LLC, in its capacity as sole lead arranger and sole bookrunner. 
 “Asset Disposition” means the sale,
transfer, license, lease or other disposition of any Property (including any disposition of Equity Interests) by any Credit Party or any Subsidiary thereof (or the granting of any option or other right to do any of the foregoing). The term
“Asset Disposition” shall not include (a) the sale of inventory in the ordinary course of business, (b) the transfer of assets to the Borrower or any Subsidiary Guarantor pursuant to any other transaction permitted
pursuant to Section 9.4, (c) the write-off, discount, sale or other disposition of defaulted or past-due receivables and similar obligations in the ordinary course of business and not undertaken as part of an accounts receivable
financing transaction, (d) the disposition of any Hedge Agreement, (e) dispositions of Investments in cash and Cash Equivalents, (f) the transfer by any Credit Party of its assets to any other Credit Party, (g) the transfer by
any Non-Guarantor Subsidiary of its assets to any Credit Party (provided that in connection with any new transfer, such Credit Party shall not pay more than an amount equal to the fair market value of such assets as determined in good faith
at the time of such transfer) and (h) the transfer by any Non-Guarantor Subsidiary of its assets to any other Non-Guarantor Subsidiary. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the
consent of any party whose consent is required by Section 12.9), and accepted by the Administrative Agent, in substantially the form attached as Exhibit G or any other form approved by the Administrative Agent. 

“Attributable Indebtedness” means, on any date of determination, (a) in respect of any Capital Lease Obligation of any
Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease, the capitalized amount or principal amount of the remaining
lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capital Lease Obligation. 

“Base Rate” means, at any time, the highest of (a) the Prime Rate, (b) the Federal Funds Rate plus 0.50% and
(c) LIBOR for an Interest Period of one month plus 1%; each change in the Base Rate shall take effect simultaneously with the corresponding change or changes in the Prime Rate, the Federal Funds Rate or LIBOR (provided that
clause (c) shall not be applicable during any period in which LIBOR is unavailable or unascertainable). 
 “Base Rate
Loan” means any Loan bearing interest at a rate based upon the Base Rate as provided in Section 5.1(a). 

“Borrower” means Tyler Technologies, Inc., a Delaware corporation. 

  
 3 

 “Borrower Materials” has the meaning assigned thereto in
Section 8.2. 
 “Borrowing Availability” means, as of any date of determination, the maximum amount of the
unused Revolving Credit Facility that the Borrower would be able to incur on such date. 
 “Business Day” means
(a) for all purposes other than as set forth in clause (b) below, any day other than a Saturday, Sunday or legal holiday on which banks in Charlotte, North Carolina and New York, New York, are open for the conduct of their commercial
banking business and (b) with respect to all notices and determinations in connection with, and payments of principal and interest on, any LIBOR Rate Loan, or any Base Rate Loan as to which the interest rate is determined by reference to LIBOR,
any day that is a Business Day described in clause (a) and that is also a London Banking Day. 
 “Calculation Date”
has the meaning assigned thereto in the definition of Applicable Margin. 
 “Capital Lease Obligations” of any Person means
the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for
as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP. 

“Cash Collateralize” means, to pledge and deposit with, or deliver to the Administrative Agent, or directly to the Issuing
Lender (with notice thereof to the Administrative Agent), for the benefit of the Issuing Lender, the Swingline Lender or the Lenders, as collateral for L/C Obligations or obligations of the Lenders to fund participations in respect of L/C
Obligations or Swingline Loans, cash or deposit account balances or, if the Administrative Agent and the Issuing Lender and the Swingline Lender shall agree, in their sole discretion, other credit support, in each case pursuant to documentation in
form and substance satisfactory to the Administrative Agent, such Issuing Lender and the Swingline Lender, as applicable. “Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of such
cash collateral and other credit support. 
 “Cash Equivalents” means, collectively, (a) marketable direct obligations
issued or unconditionally guaranteed by the United States or any agency thereof maturing within one hundred twenty (120) days from the date of acquisition thereof, (b) commercial paper maturing no more than one hundred twenty
(120) days from the date of creation thereof and currently having the highest rating obtainable from either S&P or Moody’s, (c) certificates of deposit maturing no more than one hundred twenty (120) days from the date of
creation thereof issued by commercial banks incorporated under the laws of the United States, each having combined capital, surplus and undivided profits of not less than $500,000,000 and having a rating of “A” or better by a nationally
recognized rating agency; provided that the aggregate amount invested in such certificates of deposit shall not at any time exceed $5,000,000 for any one such certificate of deposit and $10,000,000 for any one such bank, or (d) time
deposits maturing no more than thirty (30) days from the date of creation thereof with commercial banks or savings banks or savings and loan associations each having membership either in the FDIC or the deposits of which are insured by the FDIC
and in amounts not exceeding the maximum amounts of insurance thereunder. 
 “Cash Management Agreement” means any
agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card (including non-card electronic payables), electronic funds transfer and other cash management arrangements. 

“Cash Management Bank” means any Person that, (a) at the time it enters into a Cash Management Agreement with a Credit
Party, is a Lender, an Affiliate of a Lender, the Administrative Agent or an Affiliate of the Administrative Agent, or (b) at the time it (or its Affiliate) becomes a Lender (including on the Closing Date), is a party to a Cash Management
Agreement with a Credit Party, in each case in its capacity as a party to such Cash Management Agreement. 

  
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 “Change in Control” means an event or series of events by which: 

(a) (i) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act, but
excluding any employee benefit plan of such person or its Subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined in
Rules 13d-3 and 13d-5 under the Exchange Act, except that a “person” or “group” shall be deemed to have “beneficial ownership” of all Equity Interests that such “person” or “group” has the right to
acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of more than twenty-five percent (25%) of the Equity Interests of the Borrower entitled
to vote in the election of members of the board of directors (or equivalent governing body) of the Borrower or (ii) a majority of the members of the board of directors (or other equivalent governing body) of the Borrower shall not constitute
Continuing Directors; or 
 (b) there shall have occurred under any indenture or other instrument evidencing any Indebtedness or Equity
Interests in excess of $5,000,000 any “change in control” or similar provision (as set forth in the indenture, agreement or other evidence of such Indebtedness) obligating the Borrower or any of its Subsidiaries to repurchase, redeem or
repay all or any part of the Indebtedness or Equity Interests provided for therein. 
 “Change in Law” means the
occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration,
interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority;
provided that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and
(ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities,
in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted, implemented or issued. 

“Class” means, when used in reference to any Loan, whether such Loan is a Revolving Credit Loan, Swingline Loan or
Incremental Term Loan and, when used in reference to any Commitment, whether such Commitment is a Revolving Credit Commitment or an Incremental Term Loan Commitment. 

“Closing Date” means the date of this Agreement. 

“Code” means the Internal Revenue Code of 1986, and the rules and regulations promulgated thereunder. 

“Collateral” means the collateral security for the Secured Obligations pledged or granted pursuant to the Security Documents.

 “Collateral Agreement” means the collateral agreement of even date herewith executed by the Credit Parties in favor of
the Administrative Agent, for the ratable benefit of the Secured Parties, which shall be in form and substance acceptable to the Administrative Agent. 

  
 5 

 “Commitment Fee” has the meaning assigned thereto in Section 5.3(a).

 “Commitment Percentage” means, as to any Lender, such Lender’s Revolving Credit Commitment Percentage or
Incremental Term Loan Percentage, as applicable. 
 “Commitments” means, collectively, as to all Lenders, the Revolving
Credit Commitments and, if applicable, the Incremental Term Loan Commitments of such Lenders. 
 “Commodity Exchange Act”
means the Commodity Exchange Act (7 U.S.C. § 1 et seq.). 
 “Connection Income Taxes” means Other Connection Taxes
that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated” means, when used with reference to financial statements or financial statement items of any Person, such
statements or items on a consolidated basis in accordance with applicable principles of consolidation under GAAP. 
 “Consolidated
EBITDA” means, for any period, the sum of the following determined on a Consolidated basis, without duplication, for the Borrower and its Subsidiaries in accordance with GAAP: 

(a) Consolidated Net Income for such period (excluding the effects of adjustments pursuant to GAAP resulting from the application of
purchase accounting in relation to the New World Systems Acquisition or any Permitted Acquisition, net of taxes); plus 

(b) the sum of the following, without duplication, to the extent deducted in determining Consolidated Net Income for such period: 

(i) income and franchise taxes; 

(ii) Consolidated Interest Expense; 

(iii) amortization, depreciation and other non-cash charges (except to the extent that such non-cash charges are reserved
for cash charges to be taken in the future); 
 (iv) extraordinary losses (excluding extraordinary losses from
discontinued operations); 
 (v) non-cash stock compensation expense; 

(vi) Transaction Costs paid in connection with the Transactions in an aggregate amount not to exceed $10,000,000 during any
period of determination; 
 (vii) Transaction Costs paid in connection with Permitted Acquisitions in an aggregate amount not
to exceed five percent (5%) of Consolidated EBITDA during any period of determination (determined without giving effect to this clause (b)(vii) and clause (b)(viii)); 

(viii) one-time restructuring and integration expenses incurred in connection with, and directly related to, the Transactions
or any Permitted Acquisition, as applicable, in an aggregate amount not to exceed five percent (5%) of Consolidated EBITDA during any period of determination (determined without giving effect to clause (b)(vii) and this clause (b)(viii)), in
any case to the extent that such restructuring and integration expenses are incurred within twelve (12) months following the consummation of the Transactions or any Permitted Acquisition, as applicable; less 

  
 6 

 (c) the sum of the following, without duplication, to the extent included in determining
Consolidated Net Income for such period: 
 (i) interest income; 

(ii) any extraordinary gains; and 

(iii) non-cash gains or non-cash items increasing Consolidated Net Income. 

For purposes of this Agreement, Consolidated EBITDA shall be adjusted on a Pro Forma Basis. 

Notwithstanding anything to the contrary in this Agreement or any other Loan Document, Consolidated EBITDA for the fiscal quarters ended
March 31, 2015, June 30, 2015 and September 30, 2015 shall be deemed to be $41,886,000, $46,384,000 and $49,236,000, respectively. 

“Consolidated Funded Indebtedness” means, as of any date of determination with respect to Borrower and its Subsidiaries on a
Consolidated basis without duplication, the sum of: 
 (a) all Indebtedness of the Borrower and its Subsidiaries of the types referred to in
clauses (a), (b), (c), (d), (f) and (g) of the definition of Indebtedness; and 
 (b) all Guarantees of any such Person with
respect to any of the Indebtedness of the types referred to in clause (a) of this definition. 
 “Consolidated Interest
Coverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date to (b) Consolidated Interest
Expense for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date. 
 “Consolidated
Interest Expense” means, for any period, the sum of the following determined on a Consolidated basis, without duplication, for the Borrower and its Subsidiaries in accordance with GAAP, interest expense (including, without limitation,
interest expense attributable to Capital Lease Obligations and all net payment obligations pursuant to Hedge Agreements) for such period; provided that for purposes of calculating Consolidated Interest Expense for the periods ending
December 31, 2015, March 31, 2016 and June 30, 2016, the determination of Consolidated Interest Expense shall deemed to be the amount of (i) for the four consecutive fiscal quarter period ending December 31, 2015, the
amount of Consolidated Interest Expense for the fiscal quarter ending December 31, 2015 times four (4); (ii) for the four consecutive fiscal quarter period ending March 31, 2016, the amount of Consolidated Interest Expense for
the two consecutive fiscal quarters ending March 31, 2016 times two (2); and (iii) for the four consecutive fiscal quarter period ending June 30, 2016, the amount of Consolidated Interest Expense for the three consecutive
fiscal quarters ending June 30, 2016 times 4/3. 
 “Consolidated Net Income” means, for any period, the net
income (or loss) of the Borrower and its Subsidiaries for such period, determined on a Consolidated basis, without duplication, in accordance with GAAP; provided, that in calculating Consolidated Net Income of the Borrower and its
Subsidiaries for any period, there shall be excluded (a) the net income (or loss) of any Person (other than a Subsidiary which shall be subject to clause (c) below), in which the Borrower or any of its Subsidiaries has a joint interest
with a third party, except to the extent such net income is actually paid in cash to the Borrower or 

  
 7 

 
any of its Subsidiaries by dividend or other distribution during such period, (b) the net income (or loss) of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or
any of its Subsidiaries or is merged into or consolidated with the Borrower or any of its Subsidiaries or that Person’s assets are acquired by the Borrower or any of its Subsidiaries except to the extent included pursuant to the foregoing
clause (a), (c) the net income (if positive), of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary to the Borrower or any of its Subsidiaries of such net income
(i) is not at the time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such Subsidiary or (ii) would be subject to any taxes
payable on such dividends or distributions, but in each case only to the extent of such prohibition or taxes and (d) any gain or loss from Asset Dispositions during such period. 

“Consolidated Secured Net Indebtedness” means, with respect to the Borrower and its Subsidiaries as of any date of
determination on a Consolidated basis without duplication, the sum of (a) all Consolidated Funded Indebtedness that is secured by a Lien on any asset or property of the Borrower or any of its Subsidiaries minus (b) Qualified Cash
and Cash Equivalents of the Borrower and its Subsidiaries then on hand. 
 “Consolidated Secured Net Leverage Ratio” means,
as of any date of determination, the ratio of (a) Consolidated Secured Net Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date. 

“Consolidated Total Indebtedness” means, as of any date of determination with respect to the Borrower and its Subsidiaries on
a Consolidated basis without duplication, the sum of all Consolidated Funded Indebtedness of the Borrower and its Subsidiaries. 

“Consolidated Total Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Total
Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date. 

“Continuing Directors” means the directors (or equivalent governing body) of the Borrower on the Closing Date and each other
director (or equivalent) of the Borrower, if, in each case, such other Person’s nomination for election to the board of directors (or equivalent governing body) of the Borrower is approved by at least 51% of the then Continuing Directors. 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or
policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Credit Facility” means, collectively, the Revolving Credit Facility, the Swingline Facility, the L/C Facility and, if
applicable, any Incremental Term Loan Facility. 
 “Credit Parties” means, collectively, the Borrower and the Subsidiary
Guarantors. 
 “Debt Issuance” means the issuance of any Indebtedness for borrowed money by any Credit Party or any of its
Subsidiaries. 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States of America, and all other liquidation,
conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in
effect. 

  
 8 

 “Default” means any of the events specified in Section 10.1 which
with the passage of time, the giving of notice or any other condition, would constitute an Event of Default. 
 “Defaulting
Lender” means, subject to Section 5.14(b), any Lender that (a) has failed to (i) fund all or any portion of the Revolving Credit Loans, participations in L/C Obligations, participations in Swingline Loans or, if
applicable, any Incremental Term Loans required to be funded by it hereunder within two Business Days of the date such Loans or participations were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower
in writing that such failure is the result of such Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such
writing) has not been satisfied, or (ii) pay to the Administrative Agent, the Issuing Lender, the Swingline Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of
Credit or Swingline Loans) within two Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent, the Issuing Lender or the Swingline Lender in writing that it does not intend to comply with its funding
obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s
determination that a condition precedent to funding (which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three
Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such
Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has,
(i) become the subject of a proceeding under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with
reorganization or liquidation of its business or assets, including the FDIC or any other state or federal regulatory authority acting in such a capacity; provided that a Lender shall not be a Defaulting Lender solely by virtue of the
ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the
jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements
made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall
be deemed to be a Defaulting Lender (subject to Section 5.14(b)) upon delivery of written notice of such determination to the Borrower, each Issuing Lender, the Swingline Lender and each Lender. 

“Disqualified Equity Interests” means any Equity Interests that, by their terms (or by the terms of any security or other
Equity Interest into which they are convertible or for which they are exchangeable) or upon the happening of any event or condition, (a) mature or are mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a
sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full
of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests) (except as a result of a
change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and
payable and the termination of the Commitments), in whole or in part, (c) provide for the scheduled payment of dividends in cash or (d) are or become convertible into or exchangeable for Indebtedness or any other Equity Interests that
would constitute 

  
 9 

 
Disqualified Equity Interests, in each case, prior to the date that is 91 days after the Latest Maturity Date; provided that if such Equity Interests is issued pursuant to a plan for the
benefit of the Borrower or its Subsidiaries or by any such plan to such employees, such Equity Interests shall not constitute Disqualified Equity Interests solely because they may be required to be repurchased by the Borrower or its Subsidiaries in
order to satisfy applicable statutory or regulatory obligations. 
 “Dollars” or “$” means, unless
otherwise qualified, dollars in lawful currency of the United States. 
 “Domestic Subsidiary” means any Subsidiary
organized under the laws of any political subdivision of the United States. 
 “Earn-outs” means unsecured liabilities of a
Credit Party arising under an agreement to make any deferred payment as a part of the purchase price for a Permitted Acquisition, including performance bonuses or consulting payments in any related services, employment or similar agreement, in an
amount that is subject to or contingent upon the revenues, income, cash flow or profits (or the like) of the underlying target, in each case, to the extent that such deferred payment would be included as part of such purchase price. 

“Eligible Assignee” means any Person that meets the requirements to be an assignee under Section 12.9(b)(iii),
(v) and (vi) (subject to such consents, if any, as may be required under Section 12.9(b)(iii)). 

“Employee Benefit Plan” means (a) any employee benefit plan within the meaning of Section 3(3) of ERISA that is
maintained for employees of any Credit Party or any ERISA Affiliate or (b) any Pension Plan or Multiemployer Plan that has at any time within the preceding seven (7) years been maintained, funded or administered for the employees of any
Credit Party or any current or former ERISA Affiliate. 
 “Environmental Claims” means any and all administrative,
regulatory or judicial actions, suits, demands, demand letters, claims, liens, accusations, allegations, notices of noncompliance or violation, investigations (other than internal reports prepared by any Person in the ordinary course of business and
not in response to any third party action or request of any kind) or proceedings relating in any way to any actual or alleged violation of or liability under any Environmental Law or relating to any permit issued, or any approval given, under any
such Environmental Law, including, without limitation, any and all claims by Governmental Authorities for enforcement, cleanup, removal, response, remedial or other actions or damages, contribution, indemnification, cost recovery, compensation or
injunctive relief resulting from Hazardous Materials or arising from alleged injury or threat of injury to public health or the environment. 

“Environmental Laws” means any and all federal, foreign, state, provincial and local laws, statutes, ordinances, codes,
rules, standards and regulations, permits, licenses, approvals, interpretations and orders of courts or Governmental Authorities, relating to the protection of public health or the environment, including, but not limited to, requirements pertaining
to the manufacture, processing, distribution, use, treatment, storage, disposal, transportation, handling, reporting, licensing, permitting, investigation or remediation of Hazardous Materials. 

“Equity Interests” means (a) in the case of a corporation, capital stock, (b) in the case of an association or
business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, (c) in the case of a partnership, partnership interests (whether general or limited), (d) in the case of a
limited liability company, membership interests, (e) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person and (f) any and
all warrants, rights or options to purchase any of the foregoing. 

  
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 “Equity Issuance” means (a) any issuance by the Borrower of shares of its
Equity Interests to any Person that is not a Credit Party (including, without limitation, in connection with the exercise of options or warrants or the conversion of any debt securities to equity) and (b) any capital contribution from any
Person that is not a Credit Party into any Credit Party or any Subsidiary thereof. The term “Equity Issuance” shall not include (A) any Asset Disposition or (B) any Debt Issuance. 

“ERISA” means the Employee Retirement Income Security Act of 1974, and the rules and regulations thereunder. 

“ERISA Affiliate” means any Person who together with any Credit Party or any of its Subsidiaries is treated as a single
employer within the meaning of Section 414(b), (c), (m) or (o) of the Code or Section 4001(b) of ERISA. 

“Eurodollar Reserve Percentage” means, for any day, the percentage which is in effect for such day as prescribed by the Board
of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any basic, supplemental or emergency reserves) in respect of eurocurrency liabilities or any similar
category of liabilities for a member bank of the Federal Reserve System in New York City. 
 “Event of Default” means any
of the events specified in Section 10.1; provided that any requirement for passage of time, giving of notice, or any other condition, has been satisfied. 

“Exchange Act” means the Securities Exchange Act of 1934. 

“Excluded Swap Obligation” means, with respect to any Credit Party, any Swap Obligation if, and to the extent that, all or a
portion of the liability of such Credit Party for or the guarantee of such Credit Party of, or the grant by such Credit Party of a security interest to secure, such Swap Obligation (or any liability or guarantee thereof) is or becomes illegal under
the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Credit Party’s failure for any reason to constitute an
“eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the liability for or the guarantee of such Credit Party or the grant of such security interest becomes effective with
respect to such Swap Obligation (such determination being made after giving effect to any applicable keepwell, support or other agreement for the benefit of the applicable Credit Party, including under Section 2.12 of the Guaranty Agreement).
If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such guarantee or security interest is or becomes
illegal for the reasons identified in the immediately preceding sentence of this definition. 
 “Excluded Taxes” means any
of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits
Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any
political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, United States federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable
interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment 

  
 11 

 
request by the Borrower under Section 5.12(b)) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 5.11,
amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its lending office, (c) Taxes attributable to such
Recipient’s failure to comply with Section 5.11(g) and (d) any United States federal withholding Taxes imposed under FATCA. 

“Extensions of Credit” means, as to any Lender at any time, (a) an amount equal to the sum of (i) the aggregate
principal amount of all Revolving Credit Loans made by such Lender then outstanding, (ii) such Lender’s Revolving Credit Commitment Percentage of the L/C Obligations then outstanding, (iii) such Lender’s Revolving Credit
Commitment Percentage of the Swingline Loans then outstanding and (iv) the aggregate principal amount of Incremental Term Loans, if any, made by such Lender then outstanding, or (b) the making of any Loan or participation in any Letter of
Credit by such Lender, as the context requires. 
 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of
this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to
Section 1471(b)(1) of the Code. 
 “FDIC” means the Federal Deposit Insurance Corporation. 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight federal
funds transactions with members of the Federal Reserve System, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that if such rate is not so published for any day which is a Business
Day, the average of the quotation for such day on such transactions received by the Administrative Agent from three federal funds brokers of recognized standing selected by the Administrative Agent. Notwithstanding the foregoing, if the Federal
Funds Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 
 “Fee Letter”
means the separate fee letter agreement dated as of September 30, 2015 by and among the Borrower, Wells Fargo and the Arranger. 

“First Tier Foreign Subsidiary” means any Foreign Subsidiary that is a “controlled foreign corporation” within the
meaning of Section 957 of the Code and the Equity Interests of which are owned directly by any Credit Party. 
 “Fiscal
Year” means the fiscal year of the Borrower and its Subsidiaries ending on December 31. 
 “Foreign Lender”
means (a) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b) if the Borrower is not a U.S. Person, a Lender that is resident or organized under the laws of a jurisdiction other than that in which the Borrower is
resident for tax purposes. 
 “Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 

“Fronting Exposure” means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Lender, such
Defaulting Lender’s Revolving Credit Commitment Percentage of the outstanding L/C Obligations with respect to Letters of Credit issued by such Issuing Lender, other than such L/C Obligations as to which such Defaulting Lender’s
participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof and (b) with respect to the Swingline Lender, such Defaulting Lender’s Revolving Credit Commitment Percentage of
outstanding Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 

  
 12 

 “Fund” means any Person (other than a natural Person) that is (or will be)
engaged in making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit in the ordinary course of its activities. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of
the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 

“Governmental Approvals” means all authorizations, consents, approvals, permits, licenses and exemptions of, and all
registrations and filings with or issued by, any Governmental Authorities. 
 “Governmental Authority” means the government
of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial,
taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantee” of or by any Person (the “guarantor”) means any obligation, contingent or otherwise, of the
guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the
guarantor, direct or indirect, (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the
payment thereof, (b) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to maintain working capital, equity capital or any other
financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, (d) as an account party in respect of any letter of credit or letter of guaranty issued to
support such Indebtedness or obligation or (e) for the purpose of assuming in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in
respect thereof (whether in whole or in part). 
 “Guarantors” means, collectively, the Borrower and the Subsidiary
Guarantors. 
 “Guaranty Agreement” means the unconditional guaranty agreement of even date herewith executed by the
Guarantors in favor of the Administrative Agent, for the ratable benefit and the Secured Parties, which shall be in form and substance acceptable to the Administrative Agent. 

“Hazardous Materials” means any substances or materials (a) which are or become defined as hazardous wastes, hazardous
substances, pollutants, contaminants, chemical substances or mixtures or toxic substances under any Environmental Law, (b) which are toxic, explosive, corrosive, flammable, infectious, radioactive, carcinogenic, mutagenic or otherwise harmful
to public health or the environment and are or become regulated by any Governmental Authority, (c) the presence of which require investigation or remediation under any Environmental Law or common law, (d) the discharge or emission or
release of which requires a permit or license under any Environmental Law or other Governmental Approval, (e) which are deemed by a Governmental Authority to constitute a nuisance or a trespass which

  
 13 

 
pose a health or safety hazard to Persons or neighboring properties, or (f) which contain, without limitation, asbestos, polychlorinated biphenyls, urea formaldehyde foam insulation,
petroleum hydrocarbons, petroleum derived substances or waste, crude oil, nuclear fuel, natural gas or synthetic gas. 
 “Hedge
Agreement” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options,
bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions,
currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or
not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master
agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement. 

“Hedge Bank” means any Person that, (a) at the time it enters into a Hedge Agreement with a Credit Party permitted under
Article IX, is a Lender, an Affiliate of a Lender, the Administrative Agent or an Affiliate of the Administrative Agent or (b) at the time it (or its Affiliate) becomes a Lender (including on the Closing Date), is a party to a Hedge
Agreement with a Credit Party, in each case in its capacity as a party to such Hedge Agreement. 
 “Hedge Termination
Value” means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge
Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market
value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender). 

“Holdback” means a portion of the purchase price for a Permitted Acquisition not paid at the closing therefor but held by a
Credit Party for satisfaction of indemnification obligations and purchase price adjustments. 
 “Immaterial Subsidiary”
means any Subsidiary of the Borrower that (a) together with its Subsidiaries, (i) contributed less than five percent (5%) of the Consolidated EBITDA of the Borrower and is Subsidiaries, taken as a whole, during the most recently-ended
four fiscal quarter period (taken as a single period) and (ii) as of any applicable date of determination has assets that constitute less than five percent (5%) of the aggregate net book value of the assets of the Borrower and its
Subsidiaries, taken as a whole (each of which calculations, for any Immaterial Subsidiary organized or acquired since the end of such period or such date, as the case may be, shall be determined on a pro forma basis as if such Subsidiary were in
existence or acquired on such date), (b) does not Guarantee or provide a Lien on its assets or otherwise provide credit support with respect to any Indebtedness of the Borrower or any of its Subsidiaries, (c) does not own any other
Subsidiaries (other than Immaterial Subsidiaries) and (d) has been designated as such by the Borrower in a written notice delivered to the Administrative Agent (other than any such Subsidiary as to which the Borrower has revoked such
designation by written notice to the Administrative Agent). 
 “Increased Amount Date” has the meaning assigned thereto in
Section 4.1(a). 

  
 14 

 “Incremental Lender” has the meaning assigned thereto in
Section 4.1(a). 
 “Incremental Loan Commitment” has the meaning assigned thereto in
Section 4.1(a)(ii). 
 “Incremental Loans” has the meaning assigned thereto in Section 4.1(a)(ii).

 “Incremental Revolving Credit Commitment(s)” has the meaning assigned thereto in Section 4.1(a)(ii). 

“Incremental Revolving Credit Increase(s)” has the meaning assigned thereto in Section 4.1(a)(ii). 

“Incremental Term Loan(s)” has the meaning assigned thereto in Section 4.1(a)(i). 

“Incremental Term Loan Commitment(s)” has the meaning assigned thereto in Section 4.1(a)(i). 

“Incremental Term Loan Facility” means any new term loan facility established pursuant to Section 4.1 and all
such term loan facilities collectively as the context require. 
 “Incremental Term Loan Lender” means any Lender with an
Incremental Term Loan Commitment and/or outstanding Incremental Term Loans. 
 “Incremental Term Loan Note” means a
promissory note made by the Borrower in favor of an Incremental Term Loan Lender evidencing the Incremental Loans made by such Incremental Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes
therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part. 
 “Incremental Term Loan
Percentage” means, with respect to any Incremental Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Incremental Term Loans represented by the outstanding principal balance of such Incremental
Term Loan Lender’s Incremental Term Loans. 
 “Indebtedness” means, with respect to any Person at any date and without
duplication, the sum of the following: 
 (a) all liabilities, obligations and indebtedness for borrowed money including, but not limited
to, obligations evidenced by bonds, debentures, notes or other similar instruments of any such Person; 
 (b) all obligations to pay the
deferred purchase price of property or services of any such Person (including, without limitation, all obligations under non-competition, earn-out or similar agreements), except trade payables arising in the ordinary course of business not more than
ninety (90) days past due, or that are currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided for on the books of such Person; 

(c) the Attributable Indebtedness of such Person with respect to such Person’s Capital Lease Obligations and Synthetic Leases (regardless
of whether accounted for as indebtedness under GAAP); 
 (d) all obligations of such Person under conditional sale or other title retention
agreements relating to property purchased by such Person to the extent of the value of such property (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business); 

  
 15 

 (e) all Indebtedness of any other Person secured by a Lien on any asset owned or being purchased
by such Person (including indebtedness arising under conditional sales or other title retention agreements except trade payables arising in the ordinary course of business), whether or not such indebtedness shall have been assumed by such Person or
is limited in recourse; 
 (f) all obligations, contingent or otherwise, of any such Person relative to the face amount of letters of
credit, whether or not drawn, including, without limitation, any Reimbursement Obligation, and banker’s acceptances issued for the account of any such Person; 

(g) all obligations of any such Person in respect of Disqualified Equity Interests; 

(h) all net obligations of such Person under any Hedge Agreements; and 

(i) all Guarantees of any such Person with respect to any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a joint
venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under any
Hedge Agreement on any date shall be deemed to be the Hedge Termination Value thereof as of such date. 
 “Indemnified
Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Credit Party under any Loan Document and (b) to the extent not otherwise described in
clause (a), Other Taxes. 
 “Insurance and Condemnation Event” means the receipt by any Credit Party or any of its
Subsidiaries of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective Property. 

“Interest Period” means, as to each LIBOR Rate Loan, the period commencing on the date such LIBOR Rate Loan is disbursed or
converted to or continued as a LIBOR Rate Loan and ending on the date one (1), two (2), three (3), or six (6) months thereafter, in each case as selected by the Borrower in its Notice of Borrowing or Notice of Conversion/Continuation and
subject to availability; provided that: 
 (a) the Interest Period shall commence on the date of advance of or conversion to any
LIBOR Rate Loan and, in the case of immediately successive Interest Periods, each successive Interest Period shall commence on the date on which the immediately preceding Interest Period expires; 

(b) if any Interest Period would otherwise expire on a day that is not a Business Day, such Interest Period shall expire on the next
succeeding Business Day; provided that if any Interest Period with respect to a LIBOR Rate Loan would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in such month,
such Interest Period shall expire on the immediately preceding Business Day; 
 (c) any Interest Period with respect to a LIBOR Rate Loan
that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the relevant calendar month at
the end of such Interest Period; 
 (d) no Interest Period shall extend beyond the Revolving Credit Maturity Date or the maturity date with
respect to any Incremental Term Loan, as applicable; and 
 (e) there shall be no more than six (6) Interest Periods in effect at any
time. 

  
 16 

 “IP Reporting Certificate” means a certificate of a Responsible Officer of the
Borrower substantially in the form attached as Exhibit I. 
 “IRS” means the United States Internal Revenue
Service. 
 “ISP98” means the International Standby Practices (1998 Revision, effective January 1, 1999),
International Chamber of Commerce Publication No. 590. 
 “Issuing Lender” means Wells Fargo, together with any
successor. 
 “Latest Maturity Date” means, at any date of determination, the latest maturity or expiration date applicable
to any Loan, Revolving Credit Commitment or Incremental Commitment hereunder at such time, including the latest maturity or expiration date of any Incremental Term Loan. 

“L/C Commitment” means, as to the Issuing Lender, the obligation to issue Letters of Credit for the account of the Borrower
or one or more of its Subsidiaries from time to time in an aggregate amount equal to the L/C Sublimit. 
 “L/C Facility”
means the letter of credit facility established pursuant to Article III. 
 “L/C Obligations” means at any time, an
amount equal to the sum of (a) the aggregate undrawn and unexpired amount of the then outstanding Letters of Credit and (b) the aggregate amount of drawings under Letters of Credit which have not then been reimbursed pursuant to
Section 3.5. 
 “L/C Participants” means, with respect to any Letter of Credit, the collective reference to all
the Revolving Credit Lenders other than the Issuing Lender. 
 “L/C Sublimit” means the lesser of (a) Ten Million
Dollars ($10,000,000) and (b) the Revolving Credit Commitment. 
 “Lender” means the Persons listed on Schedule
1.1 and any other Person that shall have become a party to this Agreement as a Lender pursuant to an Assignment and Assumption or pursuant to Section 4.1, other than any Person that ceases to be a party hereto as a Lender pursuant to
an Assignment and Assumption. Unless the context otherwise requires, the term “Lenders” includes the Swingline Lender. 

“Lender Joinder Agreement” means a joinder agreement in form and substance reasonably satisfactory to the Administrative
Agent delivered in connection with Section 4.1. 
 “Lending Office” means, with respect to any Lender, the
office of such Lender maintaining such Lender’s Extensions of Credit. 
 “Letter of Credit Application” means an
application, in the form specified by the Issuing Lender from time to time, requesting such Issuing Lender to issue a Letter of Credit. 

“Letters of Credit” means the collective reference to letters of credit issued pursuant to Section 3.1. 

  
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 “LIBOR” means, 

(a) for any interest rate calculation with respect to a LIBOR Rate Loan, the rate of interest per annum determined on the basis of the rate
for deposits in Dollars for a period equal to the applicable Interest Period which appears on Reuters Screen LIBOR01 Page (or any applicable successor page) at approximately 11:00 a.m. (London time) two (2) London Banking Days prior to the
first day of the applicable Interest Period. If, for any reason, such rate does not appear on Reuters Screen LIBOR01 Page (or any applicable successor page), then “LIBOR” shall be determined by the Administrative Agent to be the arithmetic
average of the rate per annum at which deposits in Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m. (London time) two (2) London Banking Days prior to the first
day of the applicable Interest Period for a period equal to such Interest Period, and 
 (b) for any interest rate calculation with respect
to a Base Rate Loan, the rate of interest per annum determined on the basis of the rate for deposits in Dollars for an Interest Period equal to one month (commencing on the date of determination of such interest rate) which appears on the Reuters
Screen LIBOR01 Page (or any applicable successor page) at approximately 11:00 a.m. (London time) on such date of determination, or, if such date is not a Business Day, then the immediately preceding Business Day. If, for any reason, such rate does
not appear on Reuters Screen LIBOR01 Page (or any applicable successor page) then “LIBOR” for such Base Rate Loan shall be determined by the Administrative Agent to be the arithmetic average of the rate per annum at which deposits in
Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m. (London time) on such date of determination for a period equal to one month commencing on such date of
determination. 
 Each calculation by the Administrative Agent of LIBOR shall be conclusive and binding for all purposes, absent manifest
error. 
 “LIBOR Rate” means a rate per annum determined by the Administrative Agent pursuant to the following formula:

  

					
	 LIBOR Rate =
	  	 LIBOR
	  	
		  	1.00-Eurodollar Reserve Percentage	  	

 Notwithstanding the foregoing, if the LIBOR Rate shall be less than zero, such rate shall be deemed to be zero
for purposes of this Agreement. 
 “LIBOR Rate Loan” means any Loan bearing interest at a rate based upon the LIBOR Rate as
provided in Section 5.1(a). 
 “Lien” means, with respect to any asset, any mortgage, leasehold mortgage, lien,
pledge, charge, security interest, hypothecation or encumbrance of any kind in respect of such asset. For the purposes of this Agreement, a Person shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the
interest of a vendor or lessor under any conditional sale agreement, Capital Lease Obligation or other title retention agreement relating to such asset. 

“Liquidity” shall mean, as of any date, the sum of (a) all Qualified Cash and Cash Equivalents of the Borrower and its
Subsidiaries on such date and (b) the Borrowing Availability as of such date. 
 “Loan Documents” means, collectively,
this Agreement, each Note, the Letter of Credit Applications, the Security Documents, the Guaranty Agreement, the Fee Letter and each other document, instrument, certificate and agreement executed and delivered by the Credit Parties or any of their
respective Subsidiaries in favor of or provided to the Administrative Agent or any Secured Party in connection with this Agreement or otherwise referred to herein or contemplated hereby (excluding any Secured Hedge Agreement and any Secured Cash
Management Agreement). 

  
 18 

 “Loans” means the collective reference to the Revolving Credit Loans, the
Swingline Loans and, if applicable, any Incremental Term Loans, and “Loan” means any of such Loans. 
 “London Banking
Day” means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank Eurodollar market. 

“Material Adverse Effect” means, with respect to the Borrower and its Subsidiaries, (a) a material adverse change in, or
a material adverse effect on, the operations, business, assets, properties, liabilities (actual or contingent) or condition (financial or otherwise) of such Persons, taken as a whole, (b) a material impairment of the ability of any such Person
to perform its obligations under the Loan Documents to which it is a party, (c) a material adverse effect on the rights and remedies of the Administrative Agent or any Lender under any Loan Document or (d) an impairment of the legality,
validity, binding effect or enforceability against any Credit Party of any Loan Document to which it is a party. 
 “Material
Permitted Acquisition” means a Permitted Acquisition (or series of related Acquisitions) having Permitted Acquisition Consideration in excess of $100,000,000. 

“Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit
account balances, an amount equal to 105% of the sum of (i) the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and outstanding at such time and (ii) the Fronting Exposure of the Swingline Lender with
respect to all Swingline Loans outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the Issuing Lender in their sole discretion. 

“Moody’s” means Moody’s Investors Service, Inc. 

“Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA to which any
Credit Party or any ERISA Affiliate is making, or is accruing an obligation to make, or has accrued an obligation to make contributions within the preceding seven (7) years. 

“New World Systems” means New World Systems Corporation, a Michigan corporation. 

“New World Systems Acquisition” means the merger of New World Systems with and into the New World Systems Merger Subsidiary
(with the New World Systems Merger Subsidiary being the survivor of such merger) and the other transactions related to such merger, in each case as contemplated by the New World Systems Acquisition Agreement and the other New World Systems
Acquisition Agreement Related Documents, including, without limitation, the formation by the Borrower of the New World Systems Merger Subsidiary. 

“New World Systems Acquisition Agreement” means the Agreement and Plan of Merger (including all schedules and exhibits
thereto), dated as of September 30, 2015, by and among the Borrower, the New World Systems Merger Subsidiary, New World Systems and the New World Systems Principal Shareholder. 

“New World Systems Acquisition Agreement Related Documents” means, collectively, (a) the New World Systems Acquisition
Agreement, (b) the “Ancillary Documents” (as defined in the New World Systems Acquisition Agreement) and (c) all other material documents entered into by the Borrower, the New World Systems Merger Subsidiary or any Credit Party
in connection with the New World Systems Acquisition. 

  
 19 

 “New World Systems Merger Subsidiary” means Brinston Acquisition, LLC, a
Delaware limited liability company wholly-owned by the Borrower. 
 “New World Systems Principal Shareholder” means Larry
D. Leinweber, in his capacity as the representative of the shareholders of New World Systems listed on Schedule 3.2(b) to the New World Systems Acquisition Agreement. 

“Non-Consenting Lender” means any Lender that does not approve any consent, waiver, amendment, modification or termination
that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 12.2 and (b) has been approved by the Required Lenders. 

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

“Non-Guarantor Subsidiary” means any Subsidiary of the Borrower that is not a Subsidiary Guarantor. 

“Notes” means the collective reference to the Revolving Credit Notes, the Swingline Note and, if applicable, any Incremental
Term Loan Note. 
 “Notice of Account Designation” has the meaning assigned thereto in Section 2.3(b). 

“Notice of Borrowing” has the meaning assigned thereto in Section 2.3(a). 

“Notice of Conversion/Continuation” has the meaning assigned thereto in Section 5.2. 

“Notice of Prepayment” has the meaning assigned thereto in Section 2.4(c). 

“Obligations” means, in each case, whether now in existence or hereafter arising: (a) the principal of and interest on
(including interest accruing after the filing of any bankruptcy or similar petition) the Loans, (b) the L/C Obligations and (c) all other fees and commissions (including attorneys’ fees), charges, indebtedness, loans, liabilities,
financial accommodations, obligations, covenants and duties owing by the Credit Parties and each of their respective Subsidiaries to the Lenders, the Issuing Lender or the Administrative Agent, in each case under any Loan Document, with respect to
any Loan or Letter of Credit of every kind, nature and description, direct or indirect, absolute or contingent, due or to become due, contractual or tortious, liquidated or unliquidated, and whether or not evidenced by any note and including
interest and fees that accrue after the commencement by or against any Credit Party or any Subsidiary thereof of any proceeding under any Debtor Relief Laws, naming such Person as the debtor in such proceeding, regardless of whether such interest
and fees are allowed claims in such proceeding. 
 “OFAC” means the U.S. Department of the Treasury’s Office of
Foreign Assets Control. 
 “Officer’s Compliance Certificate” means a certificate of the chief financial officer or
the treasurer of the Borrower substantially in the form attached as Exhibit F. 
 “Operating Lease” means, as
to any Person as determined in accordance with GAAP, any lease of Property (whether real, personal or mixed) by such Person as lessee which is not a capital lease. 

  
 20 

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

“Other Taxes” means all present or future stamp, court, documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 5.12). 

“Participant” has the meaning assigned thereto in Section 12.9(d). 

“Participant Register” has the meaning assigned thereto in Section 12.9(d). 

“PATRIOT Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)). 

“PBGC” means the Pension Benefit Guaranty Corporation or any successor agency. 

“Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which is subject to the provisions of
Title IV of ERISA or Section 412 of the Code and which (a) is maintained, funded or administered for the employees of any Credit Party or any ERISA Affiliate or (b) has at any time within the preceding seven (7) years been
maintained, funded or administered for the employees of any Credit Party or any current or former ERISA Affiliates. 
 “Permitted
Acquisition” means any Acquisition that meets all of the following requirements: 
 (a) no less than five (5) Business Days
prior to the proposed closing date of such Acquisition, the Borrower shall have delivered written notice of such Acquisition to the Administrative Agent and the Lenders, which notice shall include the proposed closing date of such Acquisition;
provided that if the Permitted Acquisition Consideration with respect to such Acquisition is less than $10,000,000, such written notice may be delivered within 30 days following the closing date of such Acquisition; 

(b) such Acquisition shall be consensual and, if applicable, shall have been approved by the board of directors and/or the shareholders of the
Person whose Equity Interests or assets are proposed to be acquired; 
 (c) the Person or business to be acquired shall be in a line of
business permitted pursuant to Section 9.11; 
 (d) the Borrower shall have delivered to the Administrative Agent all documents
required to be delivered pursuant to, and in accordance with, Section 8.13; 
 (e) with respect to any Acquisition with respect
to which the Permitted Acquisition Consideration is equal to or greater than $10,000,000, no later than five (5) Business Days prior to the proposed closing date of such Acquisition, the Borrower shall have delivered to the Administrative Agent
an Officer’s Compliance Certificate for the most recent fiscal quarter end preceding such Acquisition for 

  
 21 

 
which financial statements are available demonstrating, in form and substance reasonably satisfactory to the Administrative Agent, (i) that the Borrower is in compliance on a Pro Forma Basis
(as of the date of the Acquisition and after giving effect thereto and any Indebtedness incurred in connection therewith) with each covenant contained in Section 9.14 and (ii) that the Consolidated Total Leverage Ratio calculated on
a Pro Forma Basis (as of the proposed closing date of the Acquisition and after giving effect thereto and any Indebtedness incurred in connection therewith) is not greater than 4.25 to 1.00; 

(f) with respect to any Material Permitted Acquisition, no later than five (5) Business Days prior to the proposed closing date of such
Acquisition the Borrower, to the extent requested by the Administrative Agent, shall have delivered to the Administrative Agent promptly upon the finalization thereof copies of substantially final Permitted Acquisition Documents, which shall be in
form and substance reasonably satisfactory to the Administrative Agent; 
 (g) no Default or Event of Default shall have occurred and be
continuing both before and after giving effect to such Acquisition and any Indebtedness incurred in connection therewith; and 
 (h) after
giving effect to the Acquisition, Liquidity shall not be less than $10,000,000. 
 “Permitted Acquisition Consideration”
means the aggregate amount of the purchase price, including, but not limited to, any assumed debt, Earn-Outs (valued at the maximum amount payable thereunder), Holdbacks, other deferred payments, or Equity Interests of the Borrower, to be paid on a
singular basis in connection with any applicable Permitted Acquisition as set forth in the applicable Permitted Acquisition Documents executed by the Borrower or any of its Subsidiaries in order to consummate the applicable Permitted Acquisition.

 “Permitted Acquisition Documents” means with respect to any Acquisition proposed by the Borrower or any Subsidiary,
final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such Acquisition, including, without limitation, all legal opinions
and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing. 

“Permitted Liens” means the Liens permitted pursuant to Section 9.2. 

“Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company,
partnership, Governmental Authority or other entity. 
 “Platform” means Debt Domain, Intralinks, SyndTrak or a
substantially similar electronic transmission system. 
 “Prime Rate” means, at any time, the rate of interest per annum
publicly announced from time to time by the Administrative Agent as its prime rate. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such prime rate occurs. The parties hereto acknowledge that
the rate announced publicly by the Administrative Agent as its prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks. 

“Pro Forma Basis” means, for purposes of calculating Consolidated EBITDA for any period during which one or more Specified
Transactions occurs, that such Specified Transaction (and all other Specified Transactions that have been consummated during the applicable period) shall be deemed to have occurred as of the first day of the applicable period of measurement and
all income statement items (whether positive or negative) attributable to the Property or Person disposed of in a Specified Disposition 

  
 22 

 
shall be excluded and all income statement items (whether positive or negative) attributable to the Property or Person acquired in a Permitted Acquisition shall be included (provided that
such income statement items to be included are reflected in financial statements or other financial data reasonably acceptable to the Administrative Agent and based upon reasonable assumptions and calculations which are expected to have a continuous
impact). 
 “Property” means any right or interest in or to property of any kind whatsoever, whether real, personal or
mixed and whether tangible or intangible, including, without limitation, Equity Interests. 
 “Public Lenders” has the
meaning assigned thereto in Section 8.2. 
 “Qualified Cash and Cash Equivalents” means, as to any Person, as
of any date of determination, the aggregate amount of Unrestricted cash and Cash Equivalents held by such Person and its Subsidiaries in domestic deposit accounts or securities accounts maintained with the Administrative Agent under, or otherwise
covered by a control agreement pursuant to, this Agreement. For purposes hereof, “Unrestricted” means, when referring to cash and Cash Equivalents of any Person, that such cash and Cash Equivalents (a) do not appear, or would
not be required to appear, as “restricted” on the financial statements of such Person and its Subsidiaries (unless related to the Loan Documents or the Liens created thereunder), (b) are not subject to a Lien in favor of any Person
other than (i) Liens in favor of the Administrative Agent under the Loan Documents or (ii) Liens of the type referred to in Section 9.2(k), or (c) are not otherwise unavailable to such Person or its Subsidiaries. 

“Qualified Equity Interests” means any Equity Interests that are not Disqualified Equity Interests. 

“Qualified Issuance” means any Indebtedness incurred or issued under Section 9.1(l) in an amount equal to or
greater than $10,000,000. 
 “Recipient” means (a) the Administrative Agent, (b) any Lender and (c) the
Issuing Lender, as applicable. 
 “Register” has the meaning assigned thereto in Section 12.9(c). 

“Reimbursement Obligation” means the obligation of the Borrower to reimburse the Issuing Lender pursuant to
Section 3.5 for amounts drawn under Letters of Credit issued by such Issuing Lender. 
 “Related Parties”
means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. 

“Required Lenders” means, at any time, Lenders having Total Credit Exposures representing more than fifty percent
(50%) of the Total Credit Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time. 

“Responsible Officer” means, as to any Person, the chief executive officer, president, chief financial officer, controller,
treasurer or assistant treasurer of such Person or any other officer of such Person designated in writing by the Borrower and reasonably acceptable to the Administrative Agent; provided that, to the extent requested thereby, the
Administrative Agent shall have received a certificate of such Person certifying as to the incumbency and genuineness of the signature of each such officer. Any document delivered hereunder or under any other Loan Document that is signed by a
Responsible Officer of a Person shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Person and such Responsible Officer shall be conclusively presumed to have acted
on behalf of such Person. 

  
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 “Restricted Payment” has the meaning assigned thereto in
Section 9.6. 
 “Revolving Credit Commitment” means (a) as to any Revolving Credit Lender, the obligation
of such Revolving Credit Lender to make Revolving Credit Loans to, and to purchase participations in L/C Obligations and Swingline Loans for the account of, the Borrower hereunder in an aggregate principal amount at any time outstanding not to
exceed the amount set forth opposite such Revolving Credit Lender’s name on the Register, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without limitation, Section 4.1) and
(b) as to all Revolving Credit Lenders, the aggregate commitment of all Revolving Credit Lenders to make Revolving Credit Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof (including, without
limitation, Section 4.1). The aggregate Revolving Credit Commitment of all the Revolving Credit Lenders on the Closing Date shall be $300,000,000. The initial Revolving Credit Commitment of each Revolving Credit Lender is set forth
opposite the name of such Lender on Schedule 1.1. 
 “Revolving Credit Commitment Percentage” means, with
respect to any Revolving Credit Lender at any time, the percentage of the total Revolving Credit Commitments of all the Revolving Credit Lenders represented by such Revolving Credit Lender’s Revolving Credit Commitment. If the Revolving Credit
Commitments have terminated or expired, the Revolving Credit Commitment Percentages shall be determined based upon the Revolving Credit Commitments most recently in effect, giving effect to any assignments. The initial Revolving Credit Commitment
Percentage of each Revolving Credit Lender is set forth opposite the name of such Lender on Schedule 1.1. 
 “Revolving
Credit Exposure” means, as to any Revolving Credit Lender at any time, the aggregate principal amount at such time of its outstanding Revolving Credit Loans and such Revolving Credit Lender’s participation in L/C Obligations and
Swingline Loans at such time. 
 “Revolving Credit Facility” means the revolving credit facility established pursuant to
Article II (including any increase in such revolving credit facility established pursuant to Section 4.1). 

“Revolving Credit Lenders” means, collectively, all of the Lenders with a Revolving Credit Commitment. 

“Revolving Credit Loan” means any revolving loan made to the Borrower pursuant to Section 2.1, and all such
revolving loans collectively as the context requires. 
 “Revolving Credit Maturity Date” means the earliest to occur of
(a) November 16, 2020, (b) the date of termination of the entire Revolving Credit Commitment by the Borrower pursuant to Section 2.5, and (c) the date of termination of the Revolving Credit Commitment pursuant to
Section 10.2(a). 
 “Revolving Credit Note” means a promissory note made by the Borrower in favor of a
Revolving Credit Lender requesting a Revolving Credit Note evidencing the Revolving Credit Loans made by such Revolving Credit Lender, substantially in the form attached as Exhibit A-1, and any substitutes therefor, and any
replacements, restatements, renewals or extension thereof, in whole or in part. 
 “Revolving Credit Outstandings” means
the sum of (a) with respect to Revolving Credit Loans and Swingline Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Revolving Credit Loans and
Swingline Loans, as the case may be, occurring on such date; plus (b) with respect to any L/C Obligations on any date, the 

  
 24 

 
aggregate outstanding amount thereof on such date after giving effect to any Extensions of Credit occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of
such date, including as a result of any reimbursements of outstanding unpaid drawings under any Letters of Credit or any reductions in the maximum amount available for drawing under Letters of Credit taking effect on such date. 

“Revolving Extensions of Credit” means (a) any Revolving Credit Loan then outstanding, (b) any Letter of Credit
then outstanding or (c) any Swingline Loan then outstanding. 
 “S&P” means Standard & Poor’s
Financial Services LLC, a part of McGraw-Hill Financial and any successor thereto. 
 “Sanctions” means economic or
financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC), the European Union, Her Majesty’s Treasury, or other relevant sanctions authority. 

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

“SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal
functions. 
 “Secured Cash Management Agreement” means any Cash Management Agreement between or among any Credit Party and
any Cash Management Bank. 
 “Secured Hedge Agreement” means any Hedge Agreement between or among any Credit Party and any
Hedge Bank. 
 “Secured Obligations” means, collectively, (a) the Obligations and (b) all existing or future
payment and other obligations owing by any Credit Party under (i) any Secured Hedge Agreement (other than an Excluded Swap Obligation) and (ii) any Secured Cash Management Agreement. 

“Secured Parties” means, collectively, the Administrative Agent, the Lenders, the Issuing Lender, the Hedge Banks, the Cash
Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5, any other holder from time to time of any of any Secured Obligations and, in each case, their respective
successors and permitted assigns. 
 “Security Documents” means the collective reference to the Collateral Agreement and
each other agreement or writing pursuant to which any Credit Party pledges or grants a security interest in any Property or assets securing the Secured Obligations. 

“Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date
(a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such

  
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Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to,
and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in
business or a transaction, for which such Person’s property would constitute an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the
ordinary course of business. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to
become an actual or matured liability. 
 “Specified Disposition” means any Asset Disposition having gross sales proceeds
in excess of the Threshold Amount. 
 “Specified Transactions” means (a) any Specified Disposition, (b) any
Permitted Acquisition and (c) the Transactions. 
 “Subordinated Indebtedness” means the collective reference to any
Indebtedness incurred by the Borrower or any of its Subsidiaries that is subordinated in right and time of payment to the Obligations on terms and conditions satisfactory to the Administrative Agent. 

“Subsidiary” means as to any Person, any corporation, partnership, limited liability company or other entity of which more
than fifty percent (50%) of the outstanding Equity Interests having ordinary voting power to elect a majority of the board of directors (or equivalent governing body) or other managers of such corporation, partnership, limited liability company
or other entity is at the time owned by (directly or indirectly) or the management is otherwise controlled by (directly or indirectly) such Person (irrespective of whether, at the time, Equity Interests of any other class or classes of such
corporation, partnership, limited liability company or other entity shall have or might have voting power by reason of the happening of any contingency). Unless otherwise qualified, references to “Subsidiary” or “Subsidiaries”
herein shall refer to those of the Borrower. 
 “Subsidiary Guarantors” means all direct and indirect Subsidiaries of the
Borrower (other than Foreign Subsidiaries to the extent that and for so long as the guaranty of such Foreign Subsidiary would have adverse tax consequences for the Borrower or any other Credit Party or result in a violation of Applicable Laws) in
existence on the Closing Date or which become a party to the Guaranty Agreement pursuant to Section 8.13. 
 “Swap
Obligation” means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 

“Swingline Commitment” means the lesser of (a) Twenty-Five Million Dollars ($25,000,000) and (b) the Revolving
Credit Commitment. 
 “Swingline Facility” means the swingline facility established pursuant to Section 2.2.

 “Swingline Lender” means Wells Fargo in its capacity as swingline lender hereunder or any successor thereto. 

“Swingline Loan” means any swingline loan made by the Swingline Lender to the Borrower pursuant to Section 2.2,
and all such swingline loans collectively as the context requires. 

  
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 “Swingline Note” means a promissory note made by the Borrower in favor of the
Swingline Lender, if requested, evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any substitutes therefor, and any replacements, restatements, renewals or
extension thereof, in whole or in part. 
 “Synthetic Lease” means any synthetic lease, tax retention operating lease,
off-balance sheet loan or similar off-balance sheet financing product where such transaction is considered borrowed money indebtedness for tax purposes but is classified as an Operating Lease in accordance with GAAP. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding),
assessments, fees or other charges imposed by any Governmental Authority, including any interest, fines, additions to tax or penalties applicable thereto. 

“Termination Event” means the occurrence of any of the following which, individually or in the aggregate, has resulted or
could reasonably be expected to result in liability of the Borrower in an aggregate amount in excess of the Threshold Amount: (a) a “Reportable Event” described in Section 4043 of ERISA for which the thirty (30) day notice
requirement has not been waived by the PBGC, or (b) the withdrawal of any Credit Party or any ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of
ERISA or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA, or (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension
Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, or (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any
Pension Plan by the PBGC, or (e) any other event or condition which would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, or (f) the imposition
of a Lien pursuant to Section 430(k) of the Code or Section 303 of ERISA, or (g) the determination that any Pension Plan or Multiemployer Plan is considered an at-risk plan or plan in endangered or critical status with the meaning of
Sections 430, 431 or 432 of the Code or Sections 303, 304 or 305 of ERISA or (h) the partial or complete withdrawal of any Credit Party or any ERISA Affiliate from a Multiemployer Plan if withdrawal liability is asserted by such plan, or
(i) any event or condition which results in the reorganization or insolvency of a Multiemployer Plan under Sections 4241 or 4245 of ERISA, or (j) any event or condition which results in the termination of a Multiemployer Plan under
Section 4041A of ERISA or the institution by PBGC of proceedings to terminate a Multiemployer Plan under Section 4042 of ERISA, or (k) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not
delinquent under Section 4007 of ERISA, upon any Credit Party or any ERISA Affiliate. 
 “Threshold Amount” means
$10,000,000. 
 “Total Credit Exposure” means, as to any Lender at any time, the unused Commitments, Revolving Credit
Exposure and outstanding Incremental Term Loans of such Lender at such time. 
 “Trade Date” has the meaning assigned
thereto in Section 12.9(h)(i). 
 “Transaction Costs” means all non-recurring transaction fees, charges and
other amounts related to the Transactions and any Permitted Acquisitions (including, without limitation, any financing fees, merger and acquisition fees, legal fees and expenses, due diligence fees or any other fees and expenses in connection
therewith), in each case to the extent paid within twelve (12) months of the closing of the Credit Facility or such Permitted Acquisition, as applicable, and approved by the Administrative Agent in its reasonable discretion. The term
“Transaction Costs” shall also include any of the foregoing for a potential Acquisition that, had such Acquisition been consummated, would have been a Permitted Acquisition. 

  
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 “Transactions” means, collectively, (a) the initial Extensions of Credit,
(b) the New World Systems Acquisition and (c) the payment of the Transaction Costs incurred in connection with the foregoing. 

“UCC” means the Uniform Commercial Code as in effect in the State of New York. 

“United States” means the United States of America. 

“U.S. Borrower” means any Borrower that is a U.S. Person. 

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

 “U.S. Tax Compliance Certificate” has the meaning assigned thereto in Section 5.11(g). 

“Wells Fargo” means Wells Fargo Bank, National Association, a national banking association. 

“Wholly-Owned” means, with respect to a Subsidiary, that all of the Equity Interests of such Subsidiary are, directly or
indirectly, owned or controlled by the Borrower and/or one or more of its Wholly-Owned Subsidiaries (except for directors’ qualifying shares or other shares required by Applicable Law to be owned by a Person other than the Borrower and/or one
or more of its Wholly-Owned Subsidiaries). 
 “Withholding Agent” means any Credit Party and the Administrative Agent. 

SECTION 1.2 Other Definitions and Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified
herein or in such other Loan Document: (a) the definitions of terms herein shall apply equally to the singular and plural forms of the terms defined, (b) whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms, (c) the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”, (d) the word “will” shall be
construed to have the same meaning and effect as the word “shall”, (e) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (f) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (g) all references herein to Articles, Sections, Exhibits and
Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (h) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to
any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights, (i) the term “documents” includes any and all instruments, documents, agreements, certificates, notices, reports,
financial statements and other writings, however evidenced, whether in physical or electronic form and (j) in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and
including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and including”. 

SECTION 1.3 Accounting Terms. 

(a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data
(including financial ratios and other financial calculations) 

  
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required to be submitted pursuant to this Agreement shall be prepared in conformity with GAAP, applied on a consistent basis, as in effect from time to time and in a manner consistent with that
used in preparing the audited financial statements required by Section 8.1(a), except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including
the computation of any financial covenant) contained herein, Indebtedness of the Borrower and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on
financial liabilities shall be disregarded. 
 (b) If at any time any change in GAAP would affect the computation of any financial ratio or
requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the
original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such
change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between
calculations of such ratio or requirement made before and after giving effect to such change in GAAP. 
 SECTION 1.4 UCC Terms. Terms
defined in the UCC in effect on the Closing Date and not otherwise defined herein shall, unless the context otherwise indicates, have the meanings provided by those definitions. Subject to the foregoing, the term “UCC” refers, as of any
date of determination, to the UCC then in effect. 
 SECTION 1.5 Rounding. Any financial ratios required to be maintained pursuant to
this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down
to the nearest number (with a rounding-up if there is no nearest number). 
 SECTION 1.6 References to Agreement and Laws. Unless
otherwise expressly provided herein, (a) any definition or reference to formation documents, governing documents, agreements (including the Loan Documents) and other contractual documents or instruments shall be deemed to include all subsequent
amendments, restatements, extensions, supplements and other modifications thereto, but only to the extent that such amendments, restatements, extensions, supplements and other modifications are not prohibited by any Loan Document; and (b) any
definition or reference to any Applicable Law, including, without limitation, the Code, the Commodity Exchange Act, ERISA, the Exchange Act, the PATRIOT Act, the Securities Act of 1933, the UCC, the Investment Company Act of 1940, the Interstate
Commerce Act, the Trading with the Enemy Act of the United States or any of the foreign assets control regulations of the United States Treasury Department, shall include all statutory and regulatory provisions consolidating, amending, replacing,
supplementing or interpreting such Applicable Law. 
 SECTION 1.7 Times of Day. Unless otherwise specified, all references herein to
times of day shall be references to Eastern time (daylight or standard, as applicable). 
 SECTION 1.8 Letter of Credit Amounts.
Unless otherwise specified, all references herein to the amount of a Letter of Credit at any time shall be deemed to mean the maximum face amount of such Letter of Credit after giving effect to all increases thereof contemplated by such Letter of
Credit or the Letter of Credit Application therefor (at the time specified therefor in such applicable Letter of Credit or Letter of Credit Application and as such amount may be reduced by (a) any permanent reduction of such Letter of Credit or
(b) any amount which is drawn, reimbursed and no longer available under such Letter of Credit). 

  
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 SECTION 1.9 Guarantees. Unless otherwise specified, the amount of any Guarantee shall be
the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guarantee. 

SECTION 1.10 Covenant Compliance Generally. For purposes of determining compliance under Sections 9.1, 9.2, 9.3,
9.5 and 9.6, any amount in a currency other than Dollars will be converted to Dollars in a manner consistent with that used in calculating Consolidated Net Income in the most recent annual financial statements of the Borrower and its
Subsidiaries delivered pursuant to Section 8.1(a). Notwithstanding the foregoing, for purposes of determining compliance with Sections 9.1, 9.2 and 9.3, with respect to any amount of Indebtedness or Investment in a
currency other than Dollars, no breach of any basket contained in such sections shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness or Investment is incurred; provided
that for the avoidance of doubt, the foregoing provisions of this Section 1.10 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under such
Sections. 
 ARTICLE II 

REVOLVING CREDIT FACILITY 

SECTION 2.1 Revolving Credit Loans. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance
upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Revolving Credit Lender severally agrees to make Revolving Credit Loans to the Borrower from time to time from the Closing Date to, but not
including, the Revolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided, that (a) on the Closing Date, the aggregate Revolving Credit Outstandings, shall not exceed
$250,000,000, (b) after the Closing Date, the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment and (c) the Revolving Credit Exposure of any Revolving Credit Lender shall not at any time exceed such Revolving
Credit Lender’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate principal
amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. 

SECTION 2.2 Swingline Loans. 

(a) Availability. Subject to the terms and conditions of this Agreement and the other Loan Documents, including, without limitation,
Section 6.2(d) of this Agreement, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, the Swingline Lender may, in its sole discretion, make Swingline Loans to the Borrower
from time to time from the Closing Date to, but not including, the Revolving Credit Maturity Date; provided, that (i) after giving effect to any amount requested, the Revolving Credit Outstandings shall not exceed the Revolving Credit
Commitment and (ii) the aggregate principal amount of all outstanding Swingline Loans (after giving effect to any amount requested) shall not exceed the Swingline Commitment. 

  
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 (b) Refunding. 

(i) The Swingline Lender, at any time and from time to time in its sole and absolute discretion may, on behalf of the Borrower
(which hereby irrevocably directs the Swingline Lender to act on its behalf), by written notice given no later than 11:00 a.m. on any Business Day request each Revolving Credit Lender to make, and each Revolving Credit Lender hereby agrees to make,
a Revolving Credit Loan as a Base Rate Loan in an amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate amount of the Swingline Loans outstanding on the date of such notice, to repay the
Swingline Lender. Each Revolving Credit Lender shall make the amount of such Revolving Credit Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the day
specified in such notice. The proceeds of such Revolving Credit Loans shall be immediately made available by the Administrative Agent to the Swingline Lender for application by the Swingline Lender to the repayment of the Swingline Loans. No
Revolving Credit Lender’s obligation to fund its respective Revolving Credit Commitment Percentage of a Swingline Loan shall be affected by any other Revolving Credit Lender’s failure to fund its Revolving Credit Commitment Percentage of a
Swingline Loan, nor shall any Revolving Credit Lender’s Revolving Credit Commitment Percentage be increased as a result of any such failure of any other Revolving Credit Lender to fund its Revolving Credit Commitment Percentage of a Swingline
Loan. 
 (ii) The Borrower shall pay to the Swingline Lender on demand in immediately available funds the amount of such
Swingline Loans to the extent amounts received from the Revolving Credit Lenders are not sufficient to repay in full the outstanding Swingline Loans requested or required to be refunded. In addition, the Borrower irrevocably authorizes the
Administrative Agent to charge any account maintained by the Borrower with the Swingline Lender (up to the amount available therein) in order to immediately pay the Swingline Lender the amount of such Swingline Loans to the extent amounts received
from the Revolving Credit Lenders are not sufficient to repay in full the outstanding Swingline Loans requested or required to be refunded. If any portion of any such amount paid to the Swingline Lender shall be recovered by or on behalf of the
Borrower from the Swingline Lender in bankruptcy or otherwise, the loss of the amount so recovered shall be ratably shared among all the Revolving Credit Lenders in accordance with their respective Revolving Credit Commitment Percentages. 

(iii) If for any reason any Swingline Loan cannot be refinanced with a Revolving Credit Loan pursuant to
Section 2.2(b)(i), each Revolving Credit Lender shall, on the date such Revolving Credit Loan was to have been made pursuant to the notice referred to in Section 2.2(b)(i), purchase for cash an undivided participating
interest in the then outstanding Swingline Loans by paying to the Swingline Lender an amount (the “Swingline Participation Amount”) equal to such Revolving Lender’s Revolving Credit Commitment Percentage of the aggregate
principal amount of Swingline Loans then outstanding. Each Revolving Credit Lender will immediately transfer to the Swingline Lender, in immediately available funds, the amount of its Swingline Participation Amount. Whenever, at any time after the
Swingline Lender has received from any Revolving Credit Lender such Revolving Credit Lender’s Swingline Participation Amount, the Swingline Lender receives any payment on account of the Swingline Loans, the Swingline Lender will distribute to
such Revolving Credit Lender its Swingline Participation Amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s participating interest was outstanding and funded and, in the
case of principal and interest payments, to reflect such Revolving Credit Lender’s pro rata portion of such payment if such payment is not sufficient to pay the principal of and interest on all Swingline Loans then due); provided that in
the event that such payment received by the Swingline Lender is required to be returned, such Revolving Credit Lender will return to the Swingline Lender any portion thereof previously distributed to it by the Swingline Lender. 

  
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 (iv) Each Revolving Credit Lender’s obligation to make the Revolving Credit
Loans referred to in Section 2.2(b)(i) and to purchase participating interests pursuant to Section 2.2(b)(iii) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff,
counterclaim, recoupment, defense or other right that such Revolving Credit Lender or the Borrower may have against the Swingline Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default
or an Event of Default or the failure to satisfy any of the other conditions specified in Article VI, (C) any adverse change in the condition (financial or otherwise) of the Borrower, (D) any breach of this Agreement or any other
Loan Document by the Borrower, any other Credit Party or any other Revolving Credit Lender or (E) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. 

(v) If any Revolving Credit Lender fails to make available to the Administrative Agent for the account of the Swingline Lender
any amount required to be paid by such Revolving Credit Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swingline Lender shall be entitled to recover from
such Revolving Credit Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swingline
Lender at a rate per annum equal to the applicable Federal Funds Rate, plus any administrative, processing or similar fees customarily charged by the Swingline Lender in connection with the foregoing. If such Revolving Credit Lender pays such amount
(with interest and fees as aforesaid), the amount so paid shall constitute such Revolving Credit Lender’s Revolving Credit Loan or Swingline Participation Amount, as the case may be. A certificate of the Swingline Lender submitted to any
Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this clause (iii) shall be conclusive absent manifest error. 

(c) Defaulting Lenders. Notwithstanding anything to the contrary contained in this Agreement, this Section 2.2 shall be
subject to the terms and conditions of Section 5.13 and Section 5.14. 
 SECTION 2.3 Procedure for Advances of
Revolving Credit Loans and Swingline Loans. 
 (a) Requests for Borrowing. The Borrower shall give the Administrative Agent
irrevocable prior written notice substantially in the form of Exhibit B (a “Notice of Borrowing”) (which may be delivered through the Administrative Agent’s electronic platform or portal) not later than 11:00
a.m. (i) on the same Business Day as each Swingline Loan, (ii) at least one (1) Business Day before each Base Rate Loan and (iii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow,
specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of
$3,000,000 or a whole multiple of $1,000,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans
in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to
be LIBOR Rate Loans or Base Rate Loans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. If the Borrower fails to specify a type of Loan in a Notice of Borrowing, then the applicable Loans shall
be made as Base Rate Loans. If the Borrower requests a Borrowing of LIBOR Rate Loans in any such Notice of Borrowing, but fails to specify an Interest Period, 

  
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it will be deemed to have specified an Interest Period of one month. A Notice of Borrowing received after 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent
shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing. All borrowing requests that are not made on-line via the Administrative Agent’s electronic platform or portal shall be subject to (and unless the Administrative
Agent elects otherwise, in its sole discretion, such borrowings shall not be made until the completion of) the Administrative Agent’s authentication process (with results satisfactory to the Administrative Agent) prior to the funding of any
such requested Revolving Credit Loan or Swingline Loan, as applicable. 
 (b) Disbursement of Revolving Credit and Swingline Loans.
Not later than 1:00 p.m. on the proposed borrowing date, (i) each Revolving Credit Lender will make available to the Administrative Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available
to the Administrative Agent, such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the Revolving Credit Loans to be made on such borrowing date and (ii) the Swingline Lender will make available to the Administrative
Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, the Swingline Loans to be made on such borrowing date. The Borrower hereby irrevocably authorizes the
Administrative Agent to disburse the proceeds of each borrowing requested pursuant to this Section in immediately available funds by crediting or wiring such proceeds to the deposit account of the Borrower identified in the most recent notice
substantially in the form attached as Exhibit C (a “Notice of Account Designation”) delivered by the Borrower to the Administrative Agent or as may be otherwise agreed upon by the Borrower and the Administrative
Agent from time to time. Subject to Section 5.7 hereof, the Administrative Agent shall not be obligated to disburse the portion of the proceeds of any Revolving Credit Loan requested pursuant to this Section to the extent that any
Revolving Credit Lender has not made available to the Administrative Agent its Revolving Credit Commitment Percentage of such Loan. Revolving Credit Loans to be made for the purpose of refunding Swingline Loans shall be made by the Revolving Credit
Lenders as provided in Section 2.2(b). 
 SECTION 2.4 Repayment and Prepayment of Revolving Credit and Swingline Loans.

 (a) Repayment on Termination Date. The Borrower hereby agrees to repay the outstanding principal amount of (i) all Revolving
Credit Loans in full on the Revolving Credit Maturity Date, and (ii) all Swingline Loans in accordance with Section 2.2(b) (but, in any event, no later than the earlier to occur of (A) the date five Business Days after such
Swingline Loan is made and (B) the Revolving Credit Maturity Date), together, in each case, with all accrued but unpaid interest thereon. 

(b) Mandatory Prepayments. If at any time the Revolving Credit Outstandings exceed the Revolving Credit Commitment, the Borrower agrees
to repay immediately upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Revolving Credit Lenders, Extensions of Credit in an amount equal to such excess with each such repayment applied
first, to the principal amount of outstanding Swingline Loans, second to the principal amount of outstanding Revolving Credit Loans and third, with respect to any Letters of Credit then outstanding, a payment of Cash Collateral
into a Cash Collateral account opened by the Administrative Agent, for the benefit of the Revolving Credit Lenders, in an amount equal to such excess (such Cash Collateral to be applied in accordance with Section 10.2(b)). 

(c) Optional Prepayments. The Borrower may at any time and from time to time prepay Revolving Credit Loans and Swingline Loans, in
whole or in part, with irrevocable prior written notice to the Administrative Agent substantially in the form attached as Exhibit D (a “Notice of Prepayment”) given not later than 11:00 a.m. (i) on the same
Business Day as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, specifying the date and 

  
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amount of prepayment and whether the prepayment is of LIBOR Rate Loans, Base Rate Loans, Swingline Loans or a combination thereof, and, if of a combination thereof, the amount allocable to each.
Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial
prepayments shall be in an aggregate amount of $3,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to Base Rate Loans (other than Swingline Loans), $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect
to LIBOR Rate Loans and $500,000 or a whole multiple of $100,000 in excess thereof with respect to Swingline Loans. A Notice of Prepayment received after 11:00 a.m. shall be deemed received on the next Business Day. Each such repayment shall be
accompanied by any amount required to be paid pursuant to Section 5.9 hereof. Notwithstanding the foregoing, any Notice of a Prepayment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such
refinancing or of any incurrence of Indebtedness, may be, if expressly so stated to be, contingent upon the consummation of such refinancing or incurrence and may be revoked by the Borrower in the event such refinancing is not consummated
(provided that the failure of such contingency shall not relieve the Borrower from its obligations in respect thereof under Section 5.9). 

(d) Limitation on Prepayment of LIBOR Rate Loans. The Borrower may not prepay any LIBOR Rate Loan on any day other than on the last day
of the Interest Period applicable thereto unless such prepayment is accompanied by any amount required to be paid pursuant to Section 5.9 hereof. 

(e) Hedge Agreements. No repayment or prepayment of the Loans pursuant to this Section shall affect any of the Borrower’s
obligations under any Hedge Agreement entered into with respect to the Loans. 
 (f) Prepayment of Excess Proceeds. In the event
proceeds remain after any mandatory prepayments of any Incremental Term Loan Facility, if applicable, the amount of such excess proceeds shall be used on the date of the required prepayment under such Incremental Term Loan Facility to prepay the
outstanding principal amount of the Revolving Credit Loans, without a corresponding reduction of the Revolving Credit Commitment, with remaining proceeds, if any, refunded to the Borrower. 

SECTION 2.5 Permanent Reduction of the Revolving Credit Commitment. 

(a) Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business Days
prior irrevocable written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to time,
in an aggregate principal amount not less than $3,000,000 or any whole multiple of $1,000,000 in excess thereof. Any reduction of the Revolving Credit Commitment shall be applied to the Revolving Credit Commitment of each Revolving Credit Lender
according to its Revolving Credit Commitment Percentage. All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitment shall be paid on the effective date of such termination. Notwithstanding the
foregoing, any notice to reduce the Revolving Credit Commitment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any incurrence of Indebtedness, may be, if expressly so stated to
be, contingent upon the consummation of such refinancing or incurrence and may be revoked by the Borrower in the event such refinancing is not consummated (provided that the failure of such contingency shall not relieve the Borrower from its
obligations in respect thereof under Section 5.9). 
 (b) Corresponding Payment. Each permanent reduction permitted
pursuant to this Section shall be accompanied by a payment of principal sufficient to reduce the aggregate outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations, as applicable, after such reduction to the Revolving

  
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Credit Commitment as so reduced, and if the aggregate amount of all outstanding Letters of Credit exceeds the Revolving Credit Commitment as so reduced, the Borrower shall be required to deposit
Cash Collateral in a Cash Collateral account opened by the Administrative Agent in an amount equal to such excess. Such Cash Collateral shall be applied in accordance with Section 10.2(b). Any reduction of the Revolving Credit Commitment
to zero shall be accompanied by payment of all outstanding Revolving Credit Loans and Swingline Loans (and furnishing of Cash Collateral satisfactory to the Administrative Agent for all L/C Obligations) and shall result in the termination of the
Revolving Credit Commitment and the Swingline Commitment and the Revolving Credit Facility. If the reduction of the Revolving Credit Commitment requires the repayment of any LIBOR Rate Loan, such repayment shall be accompanied by any amount required
to be paid pursuant to Section 5.9 hereof. 
 SECTION 2.6 Termination of Revolving Credit Facility. The Revolving Credit
Facility and the Revolving Credit Commitments shall terminate on the Revolving Credit Maturity Date. 
 ARTICLE III 

LETTER OF CREDIT FACILITY 

SECTION 3.1 L/C Facility. 

(a) Availability. Subject to the terms and conditions hereof, the Issuing Lender, in reliance on the agreements of the Revolving Credit
Lenders set forth in Section 3.4(a), agrees to issue standby Letters of Credit in an aggregate amount not to exceed its L/C Commitment for the account of the Borrower or, subject to Section 3.8, any Subsidiary thereof,
Letters of Credit may be issued on any Business Day from the Closing Date to, but not including the thirtieth (30th) Business Day prior to the Revolving Credit Maturity Date in such form as
may be approved from time to time by the Issuing Lender; provided, that no Issuing Lender shall issue any Letter of Credit if, after giving effect to such issuance, (a) the L/C Obligations would exceed the L/C Sublimit or (b) the
Revolving Credit Outstandings would exceed the Revolving Credit Commitment. Each Letter of Credit shall (i) be denominated in Dollars in a minimum amount of $100,000 (or such lesser amount as agreed to by the Issuing Lender and the
Administrative Agent), (ii) expire on a date no more than twelve (12) months after the date of issuance or last renewal of such Letter of Credit (subject to automatic renewal for additional one (1) year periods pursuant to the terms
of the Letter of Credit Application or other documentation acceptable to the Issuing Lender), which date shall be no later than the fifth (5th) Business Day prior to the Revolving Credit Maturity Date and (iii) be subject to the ISP98 as
set forth in the Letter of Credit Application or as determined by the Issuing Lender and, to the extent not inconsistent therewith, the laws of the State of New York. The Issuing Lender shall not at any time be obligated to issue any Letter of
Credit hereunder if (A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain such Issuing Lender from issuing such Letter of Credit, or any Applicable Law applicable to such
Issuing Lender or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over such Issuing Lender shall prohibit, or request that such Issuing Lender refrain from, the issuance of letters
of credit generally or such Letter of Credit in particular or shall impose upon such Issuing Lender with respect to letters of credit generally or such Letter of Credit in particular any restriction or reserve or capital requirement (for which such
Issuing Lender is not otherwise compensated) not in effect on the Closing Date, or any unreimbursed loss, cost or expense that was not applicable, in effect as of the Closing Date and that such Issuing Lender in good faith deems material to it, or
(B) the conditions set forth in Section 6.2 are not satisfied. References herein to “issue” and derivations thereof with respect to Letters of Credit shall also include extensions or modifications of any outstanding
Letters of Credit, unless the context otherwise requires. 
 (b) Defaulting Lenders. Notwithstanding anything to the contrary
contained in this Agreement, Article III shall be subject to the terms and conditions of Section 5.13 and Section 5.14. 

  
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 SECTION 3.2 Procedure for Issuance of Letters of Credit. The Borrower may from time to
time request that the Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its applicable office (with a copy to the Administrative Agent at the Administrative Agent’s Office) a Letter of Credit Application therefor,
which shall be delivered via facsimile other electronic method of transmission reasonably acceptable to the Administrative Agent and the Issuing Lender, completed to the satisfaction of the Administrative Agent and the Issuing Lender, and such other
certificates, documents and other papers and information as the Administrative Agent or the Issuing Lender may request. Upon receipt of any Letter of Credit Application, the Issuing Lender shall process such Letter of Credit Application and the
certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures (including, without limitation, its authentication process) and shall, subject to Section 3.1,
Article VI and the satisfactory results of the authentication process of the Issuing Lender, promptly issue the Letter of Credit requested thereby (but in no event shall such Issuing Lender be required to issue any Letter of Credit earlier
than three (3) Business Days after its receipt of the Letter of Credit Application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the
beneficiary thereof or as otherwise may be agreed by such Issuing Lender and the Borrower. The Issuing Lender shall promptly furnish to the Borrower and the Administrative Agent a copy of such Letter of Credit and the Administrative Agent shall
promptly notify each Revolving Credit Lender of the issuance and upon request by any Lender, furnish to such Revolving Credit Lender a copy of such Letter of Credit and the amount of such Revolving Credit Lender’s participation therein. 

SECTION 3.3 Commissions and Other Charges. 

(a) Letter of Credit Commissions. Subject to Section 5.14(a)(iii)(B), the Borrower shall pay to the Administrative Agent,
for the account of the Issuing Lender and the L/C Participants, a letter of credit commission with respect to each Letter of Credit in the amount equal to the daily amount available to be drawn under such standby Letters of Credit times the
Applicable Margin with respect to Revolving Credit Loans that are LIBOR Rate Loans (determined, in each case, on a per annum basis). Such commission shall be payable quarterly in arrears on the last Business Day of each calendar quarter, on the
Revolving Credit Maturity Date and thereafter on demand of the Administrative Agent. The Administrative Agent shall, promptly following its receipt thereof, distribute to the Issuing Lender and the L/C Participants all commissions received pursuant
to this Section 3.3 in accordance with their respective Revolving Credit Commitment Percentages. 
 (b) Issuance Fee. In
addition to the foregoing commission, the Borrower shall pay directly to the Issuing Lender, for its own account, an issuance fee with respect to each Letter of Credit issued by such Issuing Lender as set forth in the Fee Letter. Such issuance fee
shall be payable quarterly in arrears on the last Business Day of each calendar quarter commencing with the first such date to occur after the issuance of such Letter of Credit, on the Revolving Credit Maturity Date and thereafter on demand of the
Issuing Lender. 
 (c) Other Fees, Costs, Charges and Expenses. In addition to the foregoing fees and commissions, the Borrower shall
pay or reimburse each Issuing Lender for such normal and customary fees, costs, charges and expenses as are incurred or charged by such Issuing Lender in issuing, effecting payment under, amending or otherwise administering any Letter of Credit
issued by it. 

  
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 SECTION 3.4 L/C Participations. 

(a) Each Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant, and, to induce each Issuing Lender to issue
Letters of Credit hereunder, each L/C Participant irrevocably agrees to accept and purchase and hereby accepts and purchases from each Issuing Lender, on the terms and conditions hereinafter stated, for such L/C Participant’s own account and
risk an undivided interest equal to such L/C Participant’s Revolving Credit Commitment Percentage in each Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued by it hereunder and the amount of each
draft paid by such Issuing Lender thereunder. Each L/C Participant unconditionally and irrevocably agrees with each Issuing Lender that, if a draft is paid under any Letter of Credit issued by such Issuing Lender for which such Issuing Lender is not
reimbursed in full by the Borrower through a Revolving Credit Loan or otherwise in accordance with the terms of this Agreement, such L/C Participant shall pay to such Issuing Lender upon demand at such Issuing Lender’s address for notices
specified herein an amount equal to such L/C Participant’s Revolving Credit Commitment Percentage of the amount of such draft, or any part thereof, which is not so reimbursed. 

(b) Upon becoming aware of any amount required to be paid by any L/C Participant to the Issuing Lender pursuant to Section 3.4(a)
in respect of any unreimbursed portion of any payment made by such Issuing Lender under any Letter of Credit, issued by it, such Issuing Lender shall notify the Administrative Agent of such unreimbursed amount and the Administrative Agent shall
notify each L/C Participant (with a copy to the Issuing Lender) of the amount and due date of such required payment and such L/C Participant shall pay to the Administrative Agent (which, in turn shall pay such Issuing Lender) the amount specified on
the applicable due date. If any such amount is paid to such Issuing Lender after the date such payment is due, such L/C Participant shall pay to such Issuing Lender on demand, in addition to such amount, the product of (i) such amount,
times (ii) the daily average Federal Funds Rate as determined by the Administrative Agent during the period from and including the date such payment is due to the date on which such payment is immediately available to such Issuing
Lender, times (iii) a fraction the numerator of which is the number of days that elapse during such period and the denominator of which is 360. A certificate of such Issuing Lender with respect to any amounts owing under this Section
shall be conclusive in the absence of manifest error. With respect to payment to such Issuing Lender of the unreimbursed amounts described in this Section, if the L/C Participants receive notice that any such payment is due (A) prior to 1:00
p.m. on any Business Day, such payment shall be due that Business Day, and (B) after 1:00 p.m. on any Business Day, such payment shall be due on the following Business Day. 

(c) Whenever, at any time after the Issuing Lender has made payment under any Letter of Credit issued by it and has received from any L/C
Participant its Revolving Credit Commitment Percentage of such payment in accordance with this Section, such Issuing Lender receives any payment related to such Letter of Credit (whether directly from the Borrower or otherwise), or any payment of
interest on account thereof, such Issuing Lender will distribute to such L/C Participant its pro rata share thereof; provided, that in the event that any such payment received by such Issuing Lender shall be required to be
returned by such Issuing Lender, such L/C Participant shall return to such Issuing Lender the portion thereof previously distributed by such Issuing Lender to it. 

(d) Each L/C Participant’s obligation to make the Revolving Credit Loans referred to in Section 3.4(b) and to purchase
participating interests pursuant to Section 3.4(a) shall be absolute and unconditional and shall not be affected by any circumstance, including (i) any setoff, counterclaim, recoupment, defense or other right that such Revolving
Credit Lender or the Borrower may have against the Issuing Lender, the Borrower or any other Person for any reason whatsoever, (ii) the occurrence or continuance of a Default or an Event of Default or the failure to satisfy any of the other
conditions specified in Article VI, (iii) any adverse change in the condition (financial or otherwise) of the Borrower, 

  
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(iv) any breach of this Agreement or any other Loan Document by the Borrower, any other Credit Party or any other Revolving Credit Lender or (v) any other circumstance, happening or event
whatsoever, whether or not similar to any of the foregoing. 
 SECTION 3.5 Reimbursement Obligation of the Borrower. In the event of
any drawing under any Letter of Credit, the Borrower agrees to reimburse (either with the proceeds of a Revolving Credit Loan as provided for in this Section or with funds from other sources), in same day funds, the Issuing Lender on each date on
which such Issuing Lender notifies the Borrower of the date and amount of a draft paid by it under any Letter of Credit for the amount of (a) such draft so paid and (b) any amounts referred to in Section 3.3(c) incurred by such
Issuing Lender in connection with such payment. Unless the Borrower shall immediately notify such Issuing Lender that the Borrower intends to reimburse such Issuing Lender for such drawing from other sources or funds, the Borrower shall be deemed to
have timely given a Notice of Borrowing to the Administrative Agent requesting that the Revolving Credit Lenders make a Revolving Credit Loan as a Base Rate Loan on the applicable repayment date in the amount of (i) such draft so paid and
(ii) any amounts referred to in Section 3.3(c) incurred by such Issuing Lender in connection with such payment, and the Revolving Credit Lenders shall make a Revolving Credit Loan as a Base Rate Loan in such amount, the proceeds of
which shall be applied to reimburse such Issuing Lender for the amount of the related drawing and such fees and expenses. Each Revolving Credit Lender acknowledges and agrees that its obligation to fund a Revolving Credit Loan in accordance with
this Section to reimburse such Issuing Lender for any draft paid under a Letter of Credit issued by it is absolute and unconditional and shall not be affected by any circumstance whatsoever, including, without limitation, non-satisfaction of the
conditions set forth in Section 2.3(a) or Article VI. If the Borrower has elected to pay the amount of such drawing with funds from other sources and shall fail to reimburse such Issuing Lender as provided above, or if the amount
of such drawing is not fully refunded through a Base Rate Loan as provided above, the unreimbursed amount of such drawing shall bear interest at the rate which would be payable on any outstanding Base Rate Loans which were then overdue from the date
such amounts become payable (whether at stated maturity, by acceleration or otherwise) until payment in full. 
 SECTION 3.6 Obligations
Absolute. The Borrower’s obligations under this Article III (including, without limitation, the Reimbursement Obligation) shall be absolute and unconditional under any and all circumstances and irrespective of any set off,
counterclaim or defense to payment which the Borrower may have or have had against the Issuing Lender or any beneficiary of a Letter of Credit or any other Person. The Borrower also agrees that the Issuing Lender and the L/C Participants shall not
be responsible for, and the Borrower’s Reimbursement Obligation under Section 3.5 shall not be affected by, among other things, the validity or genuineness of documents or of any endorsements thereon, even though such documents
shall in fact prove to be invalid, fraudulent or forged, or any dispute between or among the Borrower and any beneficiary of any Letter of Credit or any other party to which such Letter of Credit may be transferred or any claims whatsoever of the
Borrower against any beneficiary of such Letter of Credit or any such transferee. No Issuing Lender shall be liable for any error, omission, interruption or delay in transmission, dispatch or delivery of any message or advice, however transmitted,
in connection with any Letter of Credit issued by it, except for errors or omissions caused by such Issuing Lender’s gross negligence or willful misconduct, as determined by a court of competent jurisdiction by final nonappealable judgment. The
Borrower agrees that any action taken or omitted by the Issuing Lender under or in connection with any Letter of Credit issued by it or the related drafts or documents, if done in the absence of gross negligence or willful misconduct shall be
binding on the Borrower and shall not result in any liability of such Issuing Lender or any L/C Participant to the Borrower. The responsibility of the Issuing Lender to the Borrower in connection with any draft presented for payment under any Letter
of Credit issued to it shall, in addition to any payment obligation expressly provided for in such Letter of Credit, be limited to determining that the documents (including each draft) delivered under such Letter of Credit in connection with such
presentment substantially conforms to the requirements under such Letter of Credit. 

  
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 SECTION 3.7 Effect of Letter of Credit Application. To the extent that any provision of
any Letter of Credit Application related to any Letter of Credit is inconsistent with the provisions of this Article III, the provisions of this Article III shall apply. 

SECTION 3.8 Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in
support of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse, or to cause the applicable Subsidiary to reimburse, the Issuing Lender hereunder for any and all drawings under such Letter of
Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of any of its Subsidiaries inures to the benefit of the Borrower and that the Borrower’s business derives substantial benefits from the businesses
of such Subsidiaries. 
 ARTICLE IV 

INCREMENTAL LOANS 
 SECTION 4.1
Incremental Loans. 
 (a) At any time, the Borrower may by written notice to the Administrative Agent elect to request the
establishment of: 
 (i) one or more incremental term loan commitments (any such incremental term loan commitment, an
“Incremental Term Loan Commitment” and, collectively, the “Incremental Term Loan Commitments”) to make one or more/an additional term loan (any such additional term loan, an “Incremental Term Loan”
and, collectively, the “Incremental Term Loans”); or 
 (ii) one or more increases in the Revolving Credit
Commitments (any such increase, an “Incremental Revolving Credit Commitment” and, collectively, the “Incremental Revolving Credit Commitments” and, together with the Incremental Term Loan Commitments, the
“Incremental Loan Commitments”) to make revolving credit loans under the Revolving Credit Facility (any such increase, an “Incremental Revolving Credit Increase” and, collectively, the “Incremental Revolving
Credit Increases” and, together with the Incremental Term Loans, the “Incremental Loans”); 
 provided that (1) the
total aggregate principal amount for all such Incremental Loan Commitments shall not (as of any date of incurrence thereof) exceed $150,000,000 or, if greater, an amount equal to the amount of additional Indebtedness that would not cause the
Consolidated Secured Net Leverage Ratio as of the four (4) consecutive fiscal quarter period most recently ended prior to the incurrence of such additional Indebtedness, calculated on a Pro Forma Basis after giving effect to the incurrence of
such additional Indebtedness (assuming that for purposes of this calculation the commitments under all Incremental Loans have been fully drawn), not to exceed 3.25 to 1.00, (2) the total aggregate amount for each Incremental Loan Commitment
(and the Incremental Loans made thereunder) shall not be less than a minimum principal amount of $5,000,000 or, if less, the remaining amount permitted pursuant to the foregoing clause (1) and (3) the Borrower shall make a maximum of five
(5) requests in the aggregate for Incremental Loans. Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that any Incremental Loan Commitment shall be effective, which shall
be a date not less than ten (10) Business Days after the date on which such notice is delivered to Administrative Agent. The Borrower may invite any Lender, any Affiliate of any Lender and/or any Approved Fund,

  
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and/or any other Person reasonably satisfactory to the Administrative Agent, to provide an Incremental Loan Commitment (any such Person, an “Incremental Lender”); provided
that existing Lenders shall be given the first opportunity to provide such Incremental Loan Commitment. Any proposed Incremental Lender offered or approached to provide all or a portion of any Incremental Loan Commitment may elect or decline, in its
sole discretion, to provide such Incremental Loan Commitment. Any Incremental Loan Commitment shall become effective as of such Increased Amount Date; provided that: 

(A) no Default or Event of Default shall exist on such Increased Amount Date before or after giving effect to (1) any
Incremental Loan Commitment, (2) the making of any Incremental Loans pursuant thereto and (3) any Permitted Acquisition consummated in connection therewith; 

(B) the Administrative Agent and the Lenders shall have received from the Borrower an Officer’s Compliance Certificate
demonstrating, in form and substance reasonably satisfactory to the Administrative Agent, that the Borrower is in compliance with the financial covenants set forth in Section 9.14, in each case based on the financial statements most
recently delivered pursuant to Section 8.1(a) or 8.1(b), as applicable, both before and after giving effect (on a Pro Forma Basis) to (x) any Incremental Loan Commitment, (y) the making of any Incremental Loans pursuant
thereto (with any Incremental Loan Commitment being deemed to be fully funded) and (z) any Permitted Acquisition consummated in connection therewith; 

(C) each of the representations and warranties contained in Article VII shall be true and correct in all material respects,
except to the extent any such representation and warranty is qualified by materiality or reference to Material Adverse Effect, in which case, such representation and warranty shall be true, correct and complete in all respects, on such Increased
Amount Date with the same effect as if made on and as of such date (except for any such representation and warranty that by its terms is made only as of an earlier date, which representation and warranty shall remain true and correct as of such
earlier date); 
 (D) the proceeds of any Incremental Loans shall be used for working capital and general corporate purposes
of the Borrower and its Subsidiaries (including, without limitation, Permitted Acquisitions); 
 (E) each Incremental Loan
Commitment (and the Incremental Loans made thereunder) shall constitute Obligations of the Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis; 

(F) (1) in the case of each Incremental Term Loan (the terms of which shall be set forth in the relevant Lender Joinder
Agreement): 
 (w) such Incremental Term Loan will not in any event have a shorter weighted average life to maturity than
the remaining weighted average life to maturity of the then latest maturing existing Incremental Term Loans or a maturity date earlier than the Latest Maturity Date; 

(x) the Applicable Margin and pricing grid, if applicable, for such Incremental Term Loan shall be determined by the
Administrative Agent, the applicable Incremental Lenders and the Borrower on the applicable Increased Amount Date; 

  
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 (y) such Incremental Term Loan may be subject to customary provisions applicable
to term loan facilities as determined by the Administrative Agent, the applicable Incremental Lenders and the Borrower, including, without limitation, provisions with respect to call protection, redemption premiums, most favored nation pricing and
mandatory prepayments; and 
 (z) except as provided above, all other terms and conditions applicable to any Incremental
Term Loan, to the extent not consistent with the terms and conditions applicable to the Revolving Credit Loans, shall be reasonably satisfactory to the Administrative Agent and the Borrower (provided that in no event shall such other terms
and conditions be more restrictive, taken as a whole, than those set forth in this Agreement and the other Loan Documents); 

(2) in the case of each Incremental Revolving Credit Increase (the terms of which shall be set forth in the relevant Lender
Joinder Agreement): 
 (x) such Incremental Revolving Credit Increase shall mature on the Revolving Credit Maturity Date,
shall bear interest and be entitled to fees, in each case at the rate applicable to the Revolving Credit Loans, and shall be subject to the same terms and conditions as the Revolving Credit Loans (except for interest rate margins, commitment fees
and upfront fees); provided that if the interest rate margins and/or commitment fees in respect of any Revolving Credit Increase exceed the interest rate margins and/or commitment fees for any other Revolving Credit Commitments, then the
interest rate margins and/or commitment fees, as applicable, for such other Revolving Credit Commitments shall be increased so that the interest rate margins and/or commitment fees, as applicable, are equal to the interest rate margins and/or
commitment fees for such Revolving Credit Increase; 
 (y) the outstanding Revolving Credit Loans and Revolving Credit
Commitment Percentages of Swingline Loans and L/C Obligations will be reallocated by the Administrative Agent on the applicable Increased Amount Date among the Revolving Credit Lenders (including the Incremental Lenders providing such Incremental
Revolving Credit Increase) in accordance with their revised Revolving Credit Commitment Percentages (and the Revolving Credit Lenders (including the Incremental Lenders providing such Incremental Revolving Credit Increase) agree to make all payments
and adjustments necessary to effect such reallocation and the Borrower shall pay any and all costs required pursuant to Section 5.9 in connection with such reallocation as if such reallocation were a repayment); and 

(z) except as provided above, all of the other terms and conditions applicable to such Incremental Revolving Credit Increase
shall, except to the extent otherwise provided in this Section 4.1, be identical to the terms and conditions applicable to the Revolving Credit Facility; 

  
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 (G) any Incremental Lender with an Incremental Revolving Credit Increase shall
be entitled to the same voting rights as the existing Revolving Credit Lenders under the Revolving Credit Facility and any Extensions of Credit made in connection with each Incremental Revolving Credit Increase shall receive proceeds of prepayments
on the same basis as the other Revolving Credit Loans made hereunder; 
 (H) such Incremental Loan Commitments shall be
effected pursuant to one or more Lender Joinder Agreements executed and delivered by the Borrower, the Administrative Agent and the applicable Incremental Lenders (which Lender Joinder Agreement may, without the consent of any other Lenders, effect
such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 4.1); and 

(I) the Borrower shall deliver or cause to be delivered any customary legal opinions or other documents (including, without
limitation, a resolution duly adopted by the board of directors (or equivalent governing body) of each Credit Party authorizing such Incremental Loan and/or Incremental Term Loan Commitment) reasonably requested by Administrative Agent in connection
with any such transaction. 
 (b) (i) The Incremental Term Loans shall be deemed to be Term Loans; provided that such Incremental Term
Loan shall be designated as a separate tranche of Term Loans for all purposes of this Agreement. 
 (ii) The Incremental
Lenders shall be included in any determination of the Required Lenders or Required Revolving Credit Lenders, as applicable, and, unless otherwise agreed, the Incremental Lenders will not constitute a separate voting class for any purposes under this
Agreement. 
 (c) (i) On any Increased Amount Date on which any Incremental Term Loan Commitment becomes effective, subject to the foregoing
terms and conditions, each Incremental Lender with an Incremental Term Loan Commitment shall make, or be obligated to make, an Incremental Term Loan to the Borrower in an amount equal to its Incremental Term Loan Commitment and shall become an
Incremental Term Loan Lender hereunder with respect to such Incremental Term Loan Commitment and the Incremental Term Loan made pursuant thereto. 

(ii) On any Increased Amount Date on which any Incremental Revolving Credit Increase becomes effective, subject to the
foregoing terms and conditions, each Incremental Lender with an Incremental Revolving Credit Commitment shall become a Revolving Credit Lender hereunder with respect to such Incremental Revolving Credit Commitment. 

ARTICLE V 
 GENERAL LOAN
PROVISIONS 
 SECTION 5.1 Interest. 

(a) Interest Rate Options. Subject to the provisions of this Section, at the election of the Borrower,
(i) Revolving Credit Loans and, if applicable, any Incremental Term Loans, shall bear interest at (A) the Base Rate plus the Applicable Margin or (B) the LIBOR Rate plus the Applicable Margin (provided that the
LIBOR Rate shall not be available until three (3) Business Days (or four (4) Business Days with respect to a LIBOR Rate based on a twelve month Interest Period) after the 

  
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Closing Date unless the Borrower has delivered to the Administrative Agent a letter in form and substance reasonably satisfactory to the Administrative Agent indemnifying the Lenders in the
manner set forth in Section 5.9 of this Agreement) and (ii) any Swingline Loan shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall select the rate of interest and Interest Period, if any,
applicable to any Loan at the time a Notice of Borrowing is given or at the time a Notice of Conversion/Continuation is given pursuant to Section 5.2. 

(b) Default Rate. Subject to Section 10.3, (i) immediately upon the occurrence and during the
continuance of an Event of Default under Section 10.1(a), (b), (h) or (i), or (ii) at the election of the Required Lenders, upon the occurrence and during the continuance of any other Event of Default,
(A) the Borrower shall no longer have the option to request LIBOR Rate Loans, Swingline Loans or Letters of Credit, (B) all outstanding LIBOR Rate Loans shall bear interest at a rate per annum of two percent (2%) in excess of the rate
(including the Applicable Margin) then applicable to LIBOR Rate Loans until the end of the applicable Interest Period and thereafter at a rate equal to two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to
Base Rate Loans, (C) all outstanding Base Rate Loans and other Obligations arising hereunder or under any other Loan Document shall bear interest at a rate per annum equal to two percent (2%) in excess of the rate (including the Applicable
Margin) then applicable to Base Rate Loans or such other Obligations arising hereunder or under any other Loan Document and (D) all accrued and unpaid interest shall be due and payable on demand of the Administrative Agent. Interest shall
continue to accrue on the Obligations after the filing by or against the Borrower of any petition seeking any relief in bankruptcy or under any Debtor Relief Law. 

(c) Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the first
Business Day immediately following the end of each calendar quarter commencing January 1, 2016; and interest on each LIBOR Rate Loan shall be due and payable on the last day of each Interest Period applicable thereto, and if such Interest
Period extends over three (3) months, at the end of each three (3) month interval during such Interest Period. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on the basis
of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest,
as applicable, being paid than if computed on the basis of a 365/366-day year). 
 (d) Maximum Rate. In no contingency
or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement charged or collected pursuant to the terms of this Agreement exceed the highest rate permissible under any Applicable Law which a court of competent
jurisdiction shall, in a final determination, deem applicable hereto. In the event that such a court determines that the Lenders have charged or received interest hereunder in excess of the highest applicable rate, the rate in effect hereunder shall
automatically be reduced to the maximum rate permitted by Applicable Law and the Lenders shall at the Administrative Agent’s option (i) promptly refund to the Borrower any interest received by the Lenders in excess of the maximum lawful
rate or (ii) apply such excess to the principal balance of the Obligations. It is the intent hereof that the Borrower not pay or contract to pay, and that neither the Administrative Agent nor any Lender receive or contract to receive, directly
or indirectly in any manner whatsoever, interest in excess of that which may be paid by the Borrower under Applicable Law. 
 SECTION 5.2
Notice and Manner of Conversion or Continuation of Loans. Provided that no Default or Event of Default has occurred and is then continuing, the Borrower shall have the option to (a) convert at any time all or any portion of any
outstanding Base Rate Loans (other than Swingline Loans) in a principal amount equal to $5,000,000 or any whole multiple of $1,000,000 in excess thereof 

  
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into one or more LIBOR Rate Loans and (b) upon the expiration of any Interest Period, (i) convert all or any part of its outstanding LIBOR Rate Loans in a principal amount equal to
$3,000,000 or a whole multiple of $1,000,000 in excess thereof into Base Rate Loans (other than Swingline Loans) or (ii) continue such LIBOR Rate Loans as LIBOR Rate Loans. Whenever the Borrower desires to convert or continue Loans as provided
above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached as Exhibit E (a “Notice of Conversion/Continuation”) not later than 11:00 a.m. three (3) Business
Days before the day on which a proposed conversion or continuation of such Loan is to be effective specifying (A) the Loans to be converted or continued, and, in the case of any LIBOR Rate Loan to be converted or continued, the last day of the
Interest Period therefor, (B) the effective date of such conversion or continuation (which shall be a Business Day), (C) the principal amount of such Loans to be converted or continued, and (D) the Interest Period to be applicable to
such converted or continued LIBOR Rate Loan. If the Borrower fails to give a timely Notice of Conversion/Continuation prior to the end of the Interest Period for any LIBOR Rate Loan, then the applicable LIBOR Rate Loan shall be converted to a Base
Rate Loan. Any such automatic conversion to a Base Rate Loan shall be effective as of the last day of the Interest Period then in effect with respect to the applicable LIBOR Rate Loan. If the Borrower requests a conversion to, or continuation of,
LIBOR Rate Loans, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. Notwithstanding anything to the contrary herein, a Swingline Loan may not be converted to a LIBOR Rate Loan. The
Administrative Agent shall promptly notify the affected Lenders of such Notice of Conversion/Continuation. 
 SECTION 5.3 Fees. 

(a) Commitment Fee. Commencing on the Closing Date, subject to Section 5.14(a)(iii)(A), the Borrower shall
pay to the Administrative Agent, for the account of the Revolving Credit Lenders, a non-refundable commitment fee (the “Commitment Fee”) at a rate per annum equal to the Applicable Margin on the average daily unused portion of the
Revolving Credit Commitment of the Revolving Credit Lenders (other than the Defaulting Lenders, if any); provided, that the amount of outstanding Swingline Loans shall not be considered usage of the Revolving Credit Commitment for the purpose
of calculating the Commitment Fee. The Commitment Fee shall be payable in arrears on the first Business Day immediately following the end of each calendar quarter during the term of this Agreement commencing December 31, 2015 and ending on the
date upon which all Obligations (other than contingent indemnification obligations not then due) arising under the Revolving Credit Facility shall have been indefeasibly and irrevocably paid and satisfied in full, all Letters of Credit have been
terminated or expired and the Revolving Credit Commitment has been terminated. The Commitment Fee shall be distributed by the Administrative Agent to the Revolving Credit Lenders (other than any Defaulting Lender) pro rata in
accordance with such Revolving Credit Lenders’ respective Revolving Credit Commitment Percentages. 
 (b) Other
Fees. The Borrower shall pay to the Arranger and the Administrative Agent, for their own respective accounts, fees in the amounts and at the times specified in the Fee Letter. The Borrower shall pay to the Lenders such fees as shall have been
separately agreed upon in writing in the amounts and at the times so specified. 
 SECTION 5.4 Manner of Payment. Each payment by the
Borrower on account of the principal of or interest on the Loans or of any fee, commission or other amounts (including the Reimbursement Obligation) payable to the Lenders under this Agreement shall be made not later than 1:00 p.m. on the date
specified for payment under this Agreement to the Administrative Agent at the Administrative Agent’s Office for the account of the Lenders entitled to such payment in Dollars, in immediately available funds and shall be made without any set
off, counterclaim or deduction whatsoever. Any payment received after such time but before 2:00 p.m. on such day shall be deemed a 

  
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payment on such date for the purposes of Section 10.1, but for all other purposes shall be deemed to have been made on the next succeeding Business Day. Any payment received after
2:00 p.m. shall be deemed to have been made on the next succeeding Business Day for all purposes. Upon receipt by the Administrative Agent of each such payment, the Administrative Agent shall distribute to each such Lender at its address for notices
set forth herein its Commitment Percentage in respect of the relevant Credit Facility (or other applicable share as provided herein) of such payment and shall wire advice of the amount of such credit to each Lender. Each payment to the
Administrative Agent on account of the principal of or interest on the Swingline Loans or of any fee, commission or other amounts payable to the Swingline Lender shall be made in like manner, but for the account of the Swingline Lender. Each payment
to the Administrative Agent of the Issuing Lender’s fees or L/C Participants’ commissions shall be made in like manner, but for the account of such Issuing Lender or the L/C Participants, as the case may be. Each payment to the
Administrative Agent of Administrative Agent’s fees or expenses shall be made for the account of the Administrative Agent and any amount payable to any Lender under Sections 5.9, 5.10, 5.11 or 12.3 shall be paid to
the Administrative Agent for the account of the applicable Lender. Subject to the definition of Interest Period, if any payment under this Agreement shall be specified to be made upon a day which is not a Business Day, it shall be made on the next
succeeding day which is a Business Day and such extension of time shall in such case be included in computing any interest if payable along with such payment. Notwithstanding the foregoing, if there exists a Defaulting Lender each payment by the
Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.14(a)(ii). 
 SECTION 5.5 Evidence
of Indebtedness. 
 (a) Extensions of Credit. The Extensions of Credit made by each Lender and each Issuing Lender
shall be evidenced by one or more accounts or records maintained by such Lender or such Issuing Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender
or the Issuing Lender shall be conclusive absent manifest error of the amount of the Extensions of Credit made by the Lenders or such Issuing Lender to the Borrower and its Subsidiaries and the interest and payments thereon. Any failure to so record
or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any
Lender or the Issuing Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender
made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Credit Note and/or Swingline Note and/or Incremental Term Loan Note, as applicable, which shall evidence such
Lender’s Revolving Credit Loans and/or Swingline Loans and/or Incremental Term Loan, as applicable, in addition to such accounts or records. Each Lender may attach schedules to its Notes and endorse thereon the date, amount and maturity of its
Loans and payments with respect thereto. 
 (b) Participations. In addition to the accounts and records referred to in
subsection (a), each Revolving Credit Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Revolving Credit Lender of participations in Letters
of Credit and Swingline Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Revolving Credit Lender in respect of such matters, the accounts and records of
the Administrative Agent shall control in the absence of manifest error. 
 SECTION 5.6 Sharing of Payments by Lenders. If any Lender
shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of 

  
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its Loans or other obligations hereunder resulting in such Lender’s receiving payment of a proportion of the aggregate amount of its Loans and accrued interest thereon or other such
obligations (other than pursuant to Sections 5.9, 5.10, 5.11 or 12.3) greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the
Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and such other obligations of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such
payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them; provided that: 

(i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and 

(ii) the provisions of this paragraph shall not be construed to apply to (A) any payment made by the Borrower pursuant to
and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (B) the application of Cash Collateral provided for in Section 5.13 or (C) any
payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in Swingline Loans and Letters of Credit to any assignee or participant, other than to the Borrower or any of its
Subsidiaries or Affiliates (as to which the provisions of this paragraph shall apply). 
 Each Credit Party consents to the foregoing and agrees, to the
extent it may effectively do so under Applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against each Credit Party rights of setoff and counterclaim with respect to such participation as
fully as if such Lender were a direct creditor of each Credit Party in the amount of such participation. 
 SECTION 5.7 Administrative
Agent’s Clawback. 
 (a) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative
Agent shall have received notice from a Lender (i) in the case of Base Rate Loans, not later than 12:00 noon on the date of any proposed borrowing and (ii) otherwise, prior to the proposed date of any borrowing that such Lender will not
make available to the Administrative Agent such Lender’s share of such borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with Sections 2.3(b) and may, in reliance
upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable borrowing available to the Administrative Agent, then the applicable Lender and the Borrower
severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to
the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the daily average Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping
period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the applicable borrowing to the Administrative Agent, then the amount so paid
shall constitute such Lender’s Loan included in such borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent.

  
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 (b) Payments by the Borrower; Presumptions by Administrative Agent. Unless
the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders, the Issuing Lender or the Swingline Lender hereunder that the Borrower
will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders, the Issuing Lender or the Swingline
Lender, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders, the Issuing Lender or the Swingline Lender, as the case maybe, severally agrees to repay to the Administrative
Agent forthwith on demand the amount so distributed to such Lender, Issuing Lender or the Swingline Lender, with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the
Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

(c) Nature of Obligations of Lenders Regarding Extensions of Credit. The obligations of the Lenders under this Agreement
to make the Loans and issue or participate in Letters of Credit are several and are not joint or joint and several. The failure of any Lender to make available its Commitment Percentage of any Loan requested by the Borrower shall not relieve it or
any other Lender of its obligation, if any, hereunder to make its Commitment Percentage of such Loan available on the borrowing date, but no Lender shall be responsible for the failure of any other Lender to make its Commitment Percentage of such
Loan available on the borrowing date. 
 SECTION 5.8 Changed Circumstances. 

(a) Circumstances Affecting LIBOR Rate Availability. In connection with any request for a LIBOR Rate Loan or a
conversion to or continuation thereof, if for any reason (i) the Administrative Agent shall determine (which determination shall be conclusive and binding absent manifest error) that Dollar deposits are not being offered to banks in the London
interbank Eurodollar market for the applicable amount and Interest Period of such Loan, (ii) the Administrative Agent shall determine (which determination shall be conclusive and binding absent manifest error) that reasonable and adequate means
do not exist for the ascertaining the LIBOR Rate for such Interest Period with respect to a proposed LIBOR Rate Loan or (iii) the Required Lenders shall determine (which determination shall be conclusive and binding absent manifest error) that
the LIBOR Rate does not adequately and fairly reflect the cost to such Lenders of making or maintaining such Loans during such Interest Period, then the Administrative Agent shall promptly give notice thereof to the Borrower. Thereafter, until the
Administrative Agent notifies the Borrower that such circumstances no longer exist, the obligation of the Lenders to make LIBOR Rate Loans and the right of the Borrower to convert any Loan to or continue any Loan as a LIBOR Rate Loan shall be
suspended, and the Borrower shall either (A) repay in full (or cause to be repaid in full) the then outstanding principal amount of each such LIBOR Rate Loan together with accrued interest thereon (subject to Section 5.1(d)), on the
last day of the then current Interest Period applicable to such LIBOR Rate Loan; or (B) convert the then outstanding principal amount of each such LIBOR Rate Loan to a Base Rate Loan as of the last day of such Interest Period. 

(b) Laws Affecting LIBOR Rate Availability. If, after the date hereof, the introduction of, or any change in, any
Applicable Law or any change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any of the Lenders (or any of
their respective Lending Offices) with any request or directive (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency, shall make it unlawful or impossible for any of the Lenders (or any of
their respective Lending Offices) to honor its obligations hereunder to 

  
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make or maintain any LIBOR Rate Loan, such Lender shall promptly give notice thereof to the Administrative Agent and the Administrative Agent shall promptly give notice to the Borrower and the
other Lenders. Thereafter, until the Administrative Agent notifies the Borrower that such circumstances no longer exist, (i) the obligations of the Lenders to make LIBOR Rate Loans, and the right of the Borrower to convert any Loan to a LIBOR
Rate Loan or continue any Loan as a LIBOR Rate Loan shall be suspended and thereafter the Borrower may select only Base Rate Loans and (ii) if any of the Lenders may not lawfully continue to maintain a LIBOR Rate Loan to the end of the then
current Interest Period applicable thereto, the applicable Loan shall immediately be converted to a Base Rate Loan for the remainder of such Interest Period. 

SECTION 5.9 Indemnity. The Borrower hereby indemnifies each of the Lenders against any loss or expense (including any loss or expense
arising from the liquidation or reemployment of funds obtained by it to maintain a LIBOR Rate Loan or from fees payable to terminate the deposits from which such funds were obtained) which may arise or be attributable to each Lender’s
obtaining, liquidating or employing deposits or other funds acquired to effect, fund or maintain any Loan (a) as a consequence of any failure by the Borrower to make any payment when due of any amount due hereunder in connection with a LIBOR
Rate Loan, (b) due to any failure of the Borrower to borrow, continue or convert on a date specified therefor in a Notice of Borrowing or Notice of Conversion/Continuation or (c) due to any payment, prepayment or conversion of any LIBOR
Rate Loan on a date other than the last day of the Interest Period therefor. The amount of such loss or expense shall be determined, in the applicable Lender’s sole discretion, based upon the assumption that such Lender funded its Commitment
Percentage of the LIBOR Rate Loans in the London interbank market and using any reasonable attribution or averaging methods which such Lender deems appropriate and practical. A certificate of such Lender setting forth the basis for determining such
amount or amounts necessary to compensate such Lender shall be forwarded to the Borrower through the Administrative Agent and shall be conclusively presumed to be correct save for manifest error. 

SECTION 5.10 Increased Costs. 

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

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement
against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in the LIBOR Rate) or the Issuing Lender; 

(ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses
(b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital
attributable thereto; or 
 (iii) impose on any Lender or the Issuing Lender or the London interbank market any other
condition, cost or expense (other than Taxes) affecting this Agreement or LIBOR Rate Loans made by such Lender or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender, the Issuing Lender or such other Recipient of making, converting to,
continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender, such Issuing Lender or such other Recipient of participating in, issuing or maintaining any Letter of Credit (or of
maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender, such Issuing Lender or such other Recipient hereunder (whether of

  
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principal, interest or any other amount) then, upon written request of such Lender, such Issuing Lender or other Recipient, the Borrower shall promptly pay to any such Lender, such Issuing Lender
or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender, such Issuing Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered. 

(b) Capital Requirements. If any Lender or the Issuing Lender determines that any Change in Law affecting such Lender or
such Issuing Lender or any lending office of such Lender or such Lender’s or such Issuing Lender’s holding company, if any, regarding capital or liquidity requirements, has or would have the effect of reducing the rate of return on such
Lender’s or such Issuing Lender’s capital or on the capital of such Lender’s or such Issuing Lender’s holding company, if any, as a consequence of this Agreement, the Revolving Credit Commitment of such Lender or the Loans made
by, or participations in Letters of Credit or Swingline Loans held by, such Lender, or the Letters of Credit issued by such Issuing Lender, to a level below that which such Lender or such Issuing Lender or such Lender’s or such Issuing
Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Lender’s policies and the policies of such Lender’s or such Issuing Lender’s holding company
with respect to capital adequacy and liquidity), then from time to time upon written request of such Lender or such Issuing Lender the Borrower shall promptly pay to such Lender or such Issuing Lender, as the case may be, such additional amount or
amounts as will compensate such Lender or such Issuing Lender or such Lender’s or such Issuing Lender’s holding company for any such reduction suffered. 

(c) Certificates for Reimbursement. A certificate of a Lender, or an Issuing Lender or such other Recipient setting
forth the amount or amounts necessary to compensate such Lender or such Issuing Lender, such other Recipient or any of their respective holding companies, as the case may be, as specified in paragraph (a) or (b) of this Section and
delivered to the Borrower, shall be conclusive absent manifest error. The Borrower shall pay such Lender or such Issuing Lender or such other Recipient, as the case may be, the amount shown as due on any such certificate within ten (10) days
after receipt thereof. 
 (d) Delay in Requests. Failure or delay on the part of any Lender or the Issuing Lender or
such other Recipient to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s or such Issuing Lender’s or such other Recipient’s right to demand such compensation; provided that the
Borrower shall not be required to compensate any Lender or an Issuing Lender or any other Recipient pursuant to this Section for any increased costs incurred or reductions suffered more than nine (9) months prior to the date that such Lender or
such Issuing Lender or such other Recipient, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions, and of such Lender’s or such Issuing Lender’s or such other Recipient’s
intention to claim compensation therefor (except that if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect
thereof). 
 SECTION 5.11 Taxes. 

(a) Defined Terms. For purposes of this Section 5.11, the term “Lender” includes the Issuing
Lender and the term “Applicable Law” includes FATCA. 
 (b) Payments Free of Taxes. Any and all payments by
or on account of any obligation of any Credit Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined in the good faith discretion of an
applicable Withholding Agent) requires the deduction or withholding of any Tax from 

  
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any such payment by a Withholding Agent, then the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to
the relevant Governmental Authority in accordance with Applicable Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Credit Party shall be increased as necessary so that, after such deduction or withholding has been
made (including such deductions and withholdings applicable to additional sums payable under this Section), the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

(c) Payment of Other Taxes by the Credit Parties. The Credit Parties shall timely pay to the relevant Governmental
Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 

(d) Indemnification by the Credit Parties. The Credit Parties shall jointly and severally indemnify each Recipient,
within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such Recipient or required to
be withheld or deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental
Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Recipient (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Recipient, shall be
conclusive absent manifest error. 
 (e) Indemnification by the Lenders. Each Lender shall severally indemnify the
Administrative Agent, within ten (10) days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that any Credit Party has not already indemnified the Administrative Agent for such
Indemnified Taxes and without limiting the obligation of the Credit Parties to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 12.9(d) relating to the maintenance of a
Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be
conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative Agent to the Lender
from any other source against any amount due to the Administrative Agent under this paragraph (e). 
 (f) Evidence of
Payments. As soon as practicable after any payment of Taxes by any Credit Party to a Governmental Authority pursuant to this Section 5.11, such Credit Party shall deliver to the Administrative Agent the original or a certified copy
of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. 

(g) Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any
Loan Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably

  
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requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably
requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to
determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation
(other than such documentation set forth in Section 5.11(g)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such
Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

(ii) Without limiting the generality of the foregoing: 

(A) Any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on
which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed copies of IRS Form W-9 certifying that such Lender is exempt from United
States federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 
 (1) in the
case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed copies of IRS Form W-8BEN-E establishing an exemption from,
or reduction of, United States federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN-E establishing an exemption
from, or reduction of, United States federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(2) executed copies of IRS Form W-8ECI; 

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

  
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Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-2 or Exhibit H-3, IRS Form W-9, and/or other certification documents from each
beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax
Compliance Certificate substantially in the form of Exhibit H-4 on behalf of each such direct and indirect partner; 

(C) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative
Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the
Administrative Agent), executed copies of any other form prescribed by Applicable Law as a basis for claiming exemption from or a reduction in United States federal withholding Tax, duly completed, together with such supplementary documentation as
may be prescribed by Applicable Law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and 

(D) if a payment made to a Lender under any Loan Document would be subject to United States federal withholding Tax imposed by
FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the
Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by Applicable Law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any
amendments made to FATCA after the date of this Agreement. 
 Each Lender agrees that if any form or certification it previously delivered
expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so. 

(h) Treatment of Certain Refunds. If any party determines, in its sole discretion exercised in good faith, that it has
received a refund of any Taxes as to which it has been indemnified pursuant to this Section 5.11 (including by the payment of additional amounts pursuant to this Section 5.11), it shall pay to the indemnifying party an amount
equal to such refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest
(other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this
paragraph (h) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to
the contrary in this paragraph (h), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (h) the payment of which would place the indemnified

  
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party in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld
or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other
information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person. 
 (i)
Indemnification of the Administrative Agent. Each Lender and each Issuing Lender shall severally indemnify the Administrative Agent within ten (10) days after demand therefor, for (i) any Indemnified Taxes attributable to such
Lender (but only to the extent that any Credit Party has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Credit Parties to do so), (ii) any Taxes attributable to such
Lender’s failure to comply with the provisions of Section 12.10(e) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the
Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A
certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts
at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (i). The agreements in paragraph
(i) shall survive the resignation and/or replacement of the Administrative Agent. 
 (j) Survival. Each
party’s obligations under this Section 5.11 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the
repayment, satisfaction or discharge of all obligations under any Loan Document. 
 SECTION 5.12 Mitigation Obligations; Replacement of
Lenders. 
 (a) Designation of a Different Lending Office. If any Lender requests compensation under
Section 5.10, or requires the Borrower to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 5.11, then such Lender shall, at the
request of the Borrower, use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the
judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 5.10 or Section 5.11, as the case may be, in the future and (ii) would not subject such
Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment.

 (b) Replacement of Lenders. If any Lender requests compensation under Section 5.10, or if the Borrower
is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 5.11, and, in each case, such Lender has declined or is unable to designate a
different lending office in accordance with Section 5.12(a), or if any Lender is a Defaulting Lender or a Non-Consenting Lender, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative
Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 12.9), all of its interests, rights (other

  
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than its existing rights to payments pursuant to Section 5.10 or Section 5.11) and obligations under this Agreement and the related Loan Documents to an Eligible Assignee
that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that: 

(i) the Borrower shall have paid to the Administrative Agent the assignment fee (if any) specified in Section 12.9;

 (ii) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and
participations in Letters of Credit, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 5.9) from the assignee (to the extent of
such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 
 (iii) in the
case of any such assignment resulting from a claim for compensation under Section 5.10 or payments required to be made pursuant to Section 5.11, such assignment will result in a reduction in such compensation or payments
thereafter; 
 (iv) such assignment does not conflict with Applicable Law; and 

(v) in the case of any assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable assignee shall have
consented to the applicable amendment, waiver or consent. 
 A Lender shall not be required to make any such assignment or delegation if,
prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 

SECTION 5.13 Cash Collateral. At any time that there shall exist a Defaulting Lender, within one Business Day following the written
request of the Administrative Agent, the Issuing Lender (with a copy to the Administrative Agent) or the Swingline Lender (with a copy to the Administrative Agent), the Borrower shall Cash Collateralize the Fronting Exposure of such Issuing Lender
and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to Section 5.14(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum
Collateral Amount. 
 (a) Grant of Security Interest. The Borrower, and to the extent provided by any Defaulting
Lender, such Defaulting Lender, hereby grants to the Administrative Agent, for the benefit of each Issuing Lender and the Swingline Lender, and agrees to maintain, a first priority security interest in all such Cash Collateral as security for the
Defaulting Lender’s obligation to fund participations in respect of L/C Obligations and Swingline Loans, to be applied pursuant to subsection (b) below. If at any time the Administrative Agent determines that Cash Collateral is subject to
any right or claim of any Person other than the Administrative Agent, each Issuing Lender and the Swingline Lender as herein provided, or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrower will,
promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (after giving effect to any Cash Collateral provided by the Defaulting
Lender). 
 (b) Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral
provided under this Section 5.13 or Section 5.14 in respect of Letters of Credit and Swingline Loans shall be applied to the satisfaction of the Defaulting Lender’s obligation to fund participations in respect of L/C
Obligations and Swingline Loans (including, as to Cash Collateral 

  
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provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash Collateral was so provided, prior to any other application of such property as may otherwise be
provided for herein. 
 (c) Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided
to reduce the Fronting Exposure of the Issuing Lender and/or the Swingline Lender, as applicable, shall no longer be required to be held as Cash Collateral pursuant to this Section 5.13 following (i) the elimination of the
applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (ii) the determination by the Administrative Agent, the Issuing Lender and the Swingline Lender that there exists excess Cash
Collateral; provided that, subject to Section 5.14, the Person providing Cash Collateral, the Issuing Lender and the Swingline Lender may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or
other obligations; and provided further that to the extent that such Cash Collateral was provided by the Borrower, such Cash Collateral shall remain subject to the security interest granted pursuant to the Loan Documents. 

SECTION 5.14 Defaulting Lenders. 

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

(i) Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or
consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and Section 12.2. 

(ii) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts received by the
Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article X or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to
Section 12.4 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder;
second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the Issuing Lender or the Swingline Lender hereunder; third, to Cash Collateralize the Fronting Exposure of the Issuing Lender
and the Swingline Lender with respect to such Defaulting Lender in accordance with Section 5.13; fourth, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan or funded
participation in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower, to
be held in a deposit account and released pro rata in order to (A) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans and funded participations under this Agreement and (B) Cash
Collateralize the Issuing Lender’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit and Swingline Loans issued under this Agreement, in accordance with Section 5.13;
sixth, to the payment of any amounts owing to the Lenders, the Issuing Lender or the Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the Issuing Lender or the Swingline Lender against
such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of
any judgment of a court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its 

  
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obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if (1) such payment is a
payment of the principal amount of any Loans or funded participations in Letters of Credit or Swingline Loans in respect of which such Defaulting Lender has not fully funded its appropriate share, and (2) such Loans were made or the related
Letters of Credit or Swingline Loans were issued at a time when the conditions set forth in Section 6.2 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and funded participations in Letters of Credit or
Swingline Loans owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or funded participations in Letters of Credit or Swingline Loans owed to, such Defaulting Lender until such
time as all Loans and funded and unfunded participations in L/C Obligations and Swingline Loans are held by the Lenders pro rata in accordance with the Revolving Credit Commitments under the applicable Revolving Credit Facility without
giving effect to Section 5.14(a)(iv). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this
Section 5.14(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii) Certain Fees. 

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

(B) Each Defaulting Lender shall be entitled to receive letter of credit commissions pursuant to Section 3.3 for
any period during which that Lender is a Defaulting Lender only to the extent allocable to its Revolving Credit Commitment Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to
Section 5.13. 
 (C) With respect to any Commitment Fee or letter of credit commission not required to be paid
to any Defaulting Lender pursuant to clause (A) or (B) above, the Borrower shall (1) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting
Lender’s participation in L/C Obligations or Swingline Loans that has been reallocated to such Non-Defaulting Lender pursuant to clause (iv) below, (2) pay to the Issuing Lender and the Swingline Lender, as applicable, the amount of
any such fee otherwise payable to such Defaulting Lender to the extent allocable to such Issuing Lender’s or Swingline Lender’s Fronting Exposure to such Defaulting Lender, and (3) not be required to pay the remaining amount of any
such fee. 
 (iv) Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting
Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Revolving Credit Commitment Percentages (calculated without regard to such Defaulting
Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. No
reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of
such Non-Defaulting Lender’s increased exposure following such reallocation. 
 (v) Cash Collateral, Repayment of
Swingline Loans. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first,
repay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in
Section 5.13. 

  
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 (b) Defaulting Lender Cure. If the Borrower, the Administrative Agent, the
Issuing Lender and the Swingline Lender agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any
conditions set forth therein (which may include arrangements with respect to any Cash Collateral), such Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the
Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held pro rata by the Lenders in accordance with the Commitments under the
applicable Credit Facility (without giving effect to Section 5.14(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or
payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to
Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

ARTICLE VI 
 CONDITIONS OF CLOSING
AND BORROWING 
 SECTION 6.1 Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders to close this
Agreement and to make the initial Loans or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions: 

(a) Executed Loan Documents. This Agreement, a Revolving Credit Note in favor of each Revolving Credit Lender requesting
a Revolving Credit Note, a Swingline Note in favor of the Swingline Lender (in each case, if requested thereby), the Security Documents and the Guaranty Agreement, together with any other applicable Loan Documents, shall have been duly authorized,
executed and delivered to the Administrative Agent by the parties thereto, shall be in full force and effect and no Default or Event of Default shall exist hereunder or thereunder. 

(b) Closing Certificates; Etc. The Administrative Agent shall have received each of the following in form and substance
reasonably satisfactory to the Administrative Agent: 
 (i) Officer’s Certificate. A certificate from a
Responsible Officer of the Borrower to the effect that (A) all representations and warranties of the Credit Parties contained in this Agreement and the other Loan Documents are true, correct and complete in all material respects (except to the
extent any such representation and warranty is qualified by materiality or reference to Material Adverse Effect, in which case, such representation and warranty shall be true, correct and complete in all respects); (B) none of the Credit
Parties is in violation of any of the covenants contained in this Agreement and the other Loan Documents; (C) after giving effect to the Transactions, no Default or Event of Default has occurred and is continuing; (D) since
December 31, 2014, no event has occurred or condition arisen, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect; and (E) each of the Credit Parties, as applicable, has
satisfied each of the conditions set forth in Section 6.1 and Section 6.2. 

  
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 (ii) Certificate of Secretary of each Credit Party. A certificate of a
Responsible Officer of each Credit Party certifying as to the incumbency and genuineness of the signature of each officer of such Credit Party executing Loan Documents to which it is a party and certifying that attached thereto is a true, correct
and complete copy of (A) the articles or certificate of incorporation or formation (or equivalent), as applicable, of such Credit Party and all amendments thereto, certified as of a recent date by the appropriate Governmental Authority in its
jurisdiction of incorporation, organization or formation (or equivalent), as applicable, (B) the bylaws or other governing document of such Credit Party as in effect on the Closing Date, (C) resolutions duly adopted by the board of
directors (or other governing body) of such Credit Party authorizing and approving the transactions contemplated hereunder and the execution, delivery and performance of this Agreement and the other Loan Documents to which it is a party, and
(D) each certificate required to be delivered pursuant to Section 6.1(b)(iii). 
 (iii) Certificates of
Good Standing. Certificates as of a recent date of the good standing of each Credit Party under the laws of its jurisdiction of incorporation, organization or formation (or equivalent), as applicable, and, to the extent requested by the
Administrative Agent, each other jurisdiction where such Credit Party is qualified to do business, except to the extent that the failure to be so qualified in such other jurisdiction could not reasonably be expected to result in a Material Adverse
Effect. 
 (iv) Opinions of Counsel. Opinions of counsel to the Credit Parties addressed to the Administrative Agent
and the Lenders with respect to the Credit Parties, the Loan Documents and such other matters as the Administrative Agent shall request (which such opinions shall expressly permit reliance by permitted successors and assigns of the Administrative
Agent and the Lenders). 
 (c) Collateral. 

(i) Filings and Recordings. The Administrative Agent shall have received all filings and recordations that are necessary
to perfect the security interests of the Administrative Agent, on behalf of the Secured Parties, in the Collateral and the Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that upon such filings
and recordations such security interests constitute valid and perfected first priority Liens thereon (subject to Permitted Liens). 

(ii) Pledged Collateral. The Administrative Agent shall have received (A) original stock certificates or other
certificates evidencing the certificated Equity Interests pledged pursuant to the Security Documents, together with an undated stock power for each such certificate duly executed in blank by the registered owner thereof and (B) each original
promissory note pledged pursuant to the Security Documents together with an undated allonge for each such promissory note duly executed in blank by the holder thereof. 

(iii) Lien Search. The Administrative Agent shall have received the results of a Lien search (including a search as to
judgments, bankruptcy, tax and intellectual property matters), in form and substance reasonably satisfactory thereto, made against the Credit Parties under the Uniform Commercial Code (or applicable judicial docket) as in effect in each jurisdiction
in which filings or recordations under the Uniform Commercial Code should be made to evidence or perfect security interests in all assets of such Credit Party, indicating among other things that the assets of each such Credit Party are free and
clear of any Lien (except for Permitted Liens). 

  
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 (iv) Property and Liability Insurance. The Administrative Agent shall have
received, in each case in form and substance reasonably satisfactory to the Administrative Agent, evidence of property, business interruption and liability insurance covering each Credit Party, evidence of payment of all insurance premiums for the
current policy year of each policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee (and mortgagee, as applicable) on all policies for property hazard insurance and as additional insured on all policies for
liability insurance), and if requested by the Administrative Agent, copies of such insurance policies. 
 (v) Other
Collateral Documentation. The Administrative Agent shall have received any documents reasonably requested thereby or as required by the terms of the Security Documents to evidence its security interest in the Collateral (including, without
limitation, any filings evidencing a security interest in any intellectual property included in the Collateral, notices and assignments of claims required under Applicable Laws, bailee or warehouseman letters or filings with the FCC or any other
applicable Governmental Authority). 
 (d) Consents; Defaults. 

(i) Governmental and Third Party Approvals. The Credit Parties shall have received all material governmental,
shareholder and third party consents and approvals necessary (or any other material consents as determined in the reasonable discretion of the Administrative Agent) in connection with the transactions contemplated by this Agreement and the other
Loan Documents and all applicable waiting periods shall have expired without any action being taken by any Person that could reasonably be expected to restrain, prevent or impose any material adverse conditions on any of the Credit Parties or such
other transactions or that could seek or threaten any of the foregoing, and no law or regulation shall be applicable which in the reasonable judgment of the Administrative Agent could reasonably be expected to have such effect. 

(ii) No Injunction, Etc. No action, proceeding or investigation shall be pending or, to the knowledge of the Borrower,
threatened in any court or before any arbitrator or any Governmental Authority that could reasonably be expected to have a Material Adverse Effect. 

(e) Financial Matters. 

(i) Financial Statements. The Administrative Agent shall have received (in form and substance reasonably satisfactory to
the Administrative Agent): 
 (A) with respect to the Borrower and its Subsidiaries, (1) audited Consolidated balance
sheets and related Consolidated statements of income, shareholders’ equity and cash flows for the three most recently completed Fiscal Years ended for which financial statements are available and (2) unaudited Consolidated balance sheets
and related Consolidated statements of income, shareholders’ equity and cash flows for each interim fiscal quarter ended since the last audited financial statements for which financial statements are available; 

(B) with respect to New World Systems, (1) audited Consolidated balance sheets and related Consolidated statements of
income, shareholders’ equity and cash flows for the three most recently completed Fiscal Years ended for which financial 

  
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statements are available and (2) unaudited Consolidated balance sheets and related Consolidated statements of income, shareholders’ equity and cash flows for each interim fiscal quarter
ended since the last audited financial statements for which financial statements are available; and 
 (C) projections
prepared by management of the Borrower, of balance sheets, income statements and cash flow statements on an annual basis for each year during the term of the Credit Facility, which shall not be inconsistent with any financial information or
projections previously delivered to the Administrative Agent. 
 (ii) Solvency Certificate. The Borrower shall have
delivered to the Administrative Agent a certificate, in form and substance satisfactory to the Administrative Agent, and certified as accurate by the chief financial officer of the Borrower, that after giving effect to the Transactions, (A) the
Borrower is Solvent and (B) the Borrower and its Subsidiaries, on a Consolidated basis, are Solvent. 
 (iii) Payment
at Closing. The Borrower shall have paid or made arrangements to pay contemporaneously with closing (A) to the Administrative Agent, the Arranger and the Lenders the fees set forth or referenced in Section 5.3 and any other
accrued and unpaid fees or commissions due hereunder, (B) all fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent accrued and unpaid prior to
or on the Closing Date, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings
(provided that such estimate shall not thereafter preclude a final settling of accounts between the Borrower and the Administrative Agent) and (C) to any other Person such amount as may be due thereto in connection with the transactions
contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents. 

(f) Revolving Credit Facility Availability. After giving effect to all Extensions of Credit occurring on the Closing
Date, the Borrower shall have Borrowing Availability of not less than $50,000,000 on the Closing Date. 
 (g) New World
Systems Acquisition. 
 (i) New World Systems Acquisition Agreement Related Documents. 

(A) The Administrative Agent shall have received, in form and substance reasonably satisfactory thereto, a true, correct and
fully-executed copy of each New World Systems Acquisition Agreement Related Document (certified by a Responsible Officer of the Borrower to be true, correct and complete). 

(B) The New World Systems Acquisition Agreement Related Documents shall each be in full force and effect. 

(ii) Consummation of the New World Systems Acquisition. The New World Systems Acquisition shall be consummated
substantially concurrently with the initial Extensions of Credit under the Credit Facility in accordance with Applicable Law and on the terms described in the New World Systems Acquisition Agreement without giving effect to any waiver, modification
or consent thereunder that is materially adverse to the interests of the Lenders (as reasonably determined by the Administrative Agent), without the prior written consent of the Administrative Agent. 

  
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 (h) Miscellaneous. 

(i) Notice of Account Designation. The Administrative Agent shall have received a Notice of Account Designation
specifying the account or accounts to which the proceeds of any Loans made on or after the Closing Date are to be disbursed. 

(ii) Existing Indebtedness. All existing Indebtedness of the Borrower and its Subsidiaries (excluding Indebtedness
permitted pursuant to Section 9.1) shall be repaid in full, all commitments (if any) in respect thereof shall have been terminated and all guarantees therefor and security therefor shall be released, and the Administrative Agent shall
have received pay-off letters in form and substance satisfactory to it evidencing such repayment, termination and release. 

(iii) PATRIOT Act, etc. The Borrower and each other Credit Party shall have provided to the Administrative Agent and the
Lenders, at least five (5) Business Days prior to the Closing Date, the documentation and other information requested by the Administrative Agent in order to comply with requirements of the PATRIOT Act, applicable “know your customer”
and anti-money laundering rules and regulations. 
 (iv) Other Documents. All opinions, certificates and other
instruments and all proceedings in connection with the transactions contemplated by this Agreement shall be satisfactory in form and substance to the Administrative Agent. The Administrative Agent shall have received copies of all other documents,
certificates and instruments reasonably requested thereby, with respect to the transactions contemplated by this Agreement. 
 Without limiting the
generality of the provisions of Section 11.3(c), for purposes of determining compliance with the conditions specified in this Section 6.1, the Administrative Agent and each Lender that has signed this Agreement shall be
deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have
received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 
 SECTION 6.2 Conditions to All
Extensions of Credit. The obligations of the Lenders to make or participate in any Extensions of Credit (including the initial Extension of Credit) and/or the Issuing Lender to issue or extend any Letter of Credit are subject to the satisfaction
of the following conditions precedent on the relevant borrowing, continuation, conversion, issuance or extension date: 
 (a)
Continuation of Representations and Warranties. The representations and warranties contained in this Agreement and the other Loan Documents shall be true and correct in all material respects, except for any representation and warranty that is
qualified by materiality or reference to Material Adverse Effect, which such representation and warranty shall be true and correct in all respects, on and as of such borrowing, continuation, conversion, issuance or extension date with the same
effect as if made on and as of such date (except for any such representation and warranty that by its terms is made only as of an earlier date, which representation and warranty shall remain true and correct in all material respects as of such
earlier date, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which such representation and warranty shall be true and correct in all respects as of such earlier date). 

  
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 (b) No Existing Default. No Default or Event of Default shall have
occurred and be continuing (i) on the borrowing, continuation or conversion date with respect to such Loan or after giving effect to the Loans to be made, continued or converted on such date or (ii) on the issuance or extension date with
respect to such Letter of Credit or after giving effect to the issuance or extension of such Letter of Credit on such date. 

(c) Notices. The Administrative Agent shall have received a Notice of Borrowing, Letter of Credit Application, or Notice
of Conversion/Continuation, as applicable, from the Borrower in accordance with Section 2.3(a), Section 3.2 or Section 5.2, as applicable. 

(d) New Swingline Loans/Letters of Credit. So long as any Lender is a Defaulting Lender, (i) the Swingline Lender
shall not be required to fund any Swingline Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swingline Loan and (ii) the Issuing Lender shall not be required to issue, extend, renew or increase any
Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. 
 ARTICLE VII 

REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES 

To induce the Administrative Agent and Lenders to enter into this Agreement and to induce the Lenders to make Extensions of Credit, the Credit
Parties hereby represent and warrant to the Administrative Agent and the Lenders both before and after giving effect to the transactions contemplated hereunder, which representations and warranties shall be deemed made on the Closing Date and as
otherwise set forth in Section 6.2, that: 
 SECTION 7.1 Organization; Power; Qualification. Each Credit Party and each
Subsidiary thereof (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or formation, (b) has the power and authority to own its Properties and to carry on its business as now
being and hereafter proposed to be conducted and (c) is duly qualified and authorized to do business in each jurisdiction in which the character of its Properties or the nature of its business requires such qualification and authorization
except in jurisdictions where the failure to be so qualified or in good standing could not reasonably be expected to result in a Material Adverse Effect. The jurisdictions in which each Credit Party and each Subsidiary thereof are organized and
qualified to do business as of the Closing Date are described on Schedule 7.1. 
 SECTION 7.2 Ownership. Each Subsidiary of
each Credit Party as of the Closing Date is listed on Schedule 7.2. As of the Closing Date, the capitalization of each Credit Party and its Subsidiaries consists of the number of shares, authorized, issued and outstanding, of such classes and
series, with or without par value, described on Schedule 7.2. All outstanding shares have been duly authorized and validly issued and are fully paid and nonassessable and not subject to any preemptive or similar rights, except as described in
Schedule 7.2. As of the Closing Date, there are no outstanding stock purchase warrants, subscriptions, options, securities, instruments or other rights of any type or nature whatsoever, which are convertible into, exchangeable for or
otherwise provide for or require the issuance of Equity Interests of any Credit Party or any Subsidiary thereof, except as described on Schedule 7.2. 

SECTION 7.3 Authorization; Enforceability. Each Credit Party and each Subsidiary thereof has the right, power and authority and has
taken all necessary corporate and other action to authorize the execution, delivery and performance of this Agreement and each of the other Loan Documents to which it is a party in accordance with their respective terms. This Agreement and each of
the other Loan Documents have been duly executed and delivered by the duly authorized officers of each Credit Party 

  
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and each Subsidiary thereof that is a party thereto, and each such document constitutes the legal, valid and binding obligation of each Credit Party and each Subsidiary thereof that is a party
thereto, enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal Debtor Relief Laws from time to time in effect which affect the
enforcement of creditors’ rights in general and the availability of equitable remedies. 
 SECTION 7.4 Compliance of Agreement, Loan
Documents and Borrowing with Laws, Etc. The execution, delivery and performance by each Credit Party and each Subsidiary thereof of the Loan Documents to which each such Person is a party, in accordance with their respective terms, the
Extensions of Credit hereunder and the transactions contemplated hereby or thereby do not and will not, by the passage of time, the giving of notice or otherwise, (a) require any Governmental Approval or violate any Applicable Law relating to
any Credit Party or any Subsidiary thereof where the failure to obtain such Governmental Approval or such violation could reasonably be expected to have a Material Adverse Effect, (b) conflict with, result in a breach of or constitute a default
under the articles of incorporation, bylaws or other organizational documents of any Credit Party or any Subsidiary thereof, (c) conflict with, result in a breach of or constitute a default under any indenture, agreement or other instrument to
which such Person is a party or by which any of its properties may be bound or any Governmental Approval relating to such Person, which could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect,
(d) result in or require the creation or imposition of any Lien upon or with respect to any property now owned or hereafter acquired by such Person other than Permitted Liens or (e) require any consent or authorization of, filing with, or
other act in respect of, an arbitrator or Governmental Authority and no consent of any other Person is required in connection with the execution, delivery, performance, validity or enforceability of this Agreement other than (i) consents,
authorizations, filings or other acts or consents for which the failure to obtain or make could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (ii) consents or filings under the UCC and
(iii) filings with the United States Copyright Office and/or the United States Patent and Trademark Office. 
 SECTION 7.5
Compliance with Law; Governmental Approvals. Each Credit Party and each Subsidiary thereof (a) has all Governmental Approvals required by any Applicable Law for it to conduct its business, each of which is in full force and effect, is
final and not subject to review on appeal and is not the subject of any pending or, to its knowledge, threatened attack by direct or collateral proceeding, (b) is in compliance with each Governmental Approval applicable to it and in compliance
with all other Applicable Laws relating to it or any of its respective properties and (c) has timely filed all material reports, documents and other materials required to be filed by it under all Applicable Laws with any Governmental Authority
and has retained all material records and documents required to be retained by it under Applicable Law except in each case (a), (b) or (c) where the failure to have, comply or file could not reasonably be expected to have a Material
Adverse Effect. 
 SECTION 7.6 Tax Returns and Payments. Each Credit Party and each Subsidiary thereof has duly filed or caused to be
filed all federal, state, local and other material tax returns required by Applicable Law to be filed, and has paid, or made adequate provision for the payment of, all federal, state, local and other taxes, assessments and governmental charges or
levies upon it and its property, income, profits and assets which are due and payable (other than any amount the validity of which is currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity
with GAAP have been provided for on the books of the relevant Credit Party). Such returns accurately reflect in all material respects all liability for taxes of any Credit Party or any Subsidiary thereof for the periods covered thereby. As of the
Closing Date, except as set forth on Schedule 7.6, there is no ongoing audit or examination or, to its knowledge, other investigation by any Governmental Authority that could be reasonably expected to result in any material tax liability
to any Credit Party or any Subsidiary thereof. No Governmental Authority has asserted any Lien or other claim against any 

  
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Credit Party or any Subsidiary thereof with respect to material unpaid taxes which has not been discharged or resolved (other than (a) any amount the validity of which is currently being
contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided for on the books of the relevant Credit Party and (b) Permitted Liens). The charges, accruals and reserves on the
books of each Credit Party and each Subsidiary thereof in respect of federal, state, local and other material taxes for all Fiscal Years and portions thereof since the organization of any Credit Party or any Subsidiary thereof are in the judgment of
the Borrower adequate, and the Borrower does not anticipate any additional taxes or assessments for any of such years. 
 SECTION 7.7
Intellectual Property Matters. Each Credit Party and each Subsidiary thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications,
trademarks, trademark rights, service mark, service mark rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing which are reasonably necessary to conduct its business. No event has occurred which permits,
or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and no Credit Party nor any Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as
a result of its business operations. 
 SECTION 7.8 Environmental Matters. 

(a) The properties owned, leased or operated by each Credit Party and each Subsidiary thereof now or in the past do not
contain, and to their knowledge have not previously contained, any Hazardous Materials in amounts or concentrations which constitute or constituted a violation of applicable Environmental Laws that could reasonably be expected, individually or in
the aggregate, to have a Material Adverse Effect; 
 (b) To its knowledge, each Credit Party and each Subsidiary thereof and
such properties and all operations conducted in connection therewith are in compliance, and have been in compliance, with all applicable Environmental Laws, and there is no contamination at, under or about such properties or such operations that
could reasonably be expected to materially interfere with the continued operation of such properties or materially impair the fair saleable value thereof; 

(c) No Credit Party nor any Subsidiary thereof has received any notice of violation, alleged violation, non-compliance,
liability or potential liability regarding environmental matters, Hazardous Materials, or compliance with applicable Environmental Laws that, if adversely determined, could reasonably be expected, individually or in the aggregate, to have a Material
Adverse Effect, nor does any Credit Party or any Subsidiary thereof have knowledge or reason to believe that any such notice will be received or is being threatened; 

(d) To its knowledge, Hazardous Materials have not been transported or disposed of to or from the properties owned, leased or
operated by any Credit Party or any Subsidiary thereof in violation of, or in a manner or to a location which could give rise to liability under, applicable Environmental Laws, nor have any Hazardous Materials been generated, treated, stored or
disposed of at, on or under any of such properties in violation of, or in a manner that could give rise to liability under, any applicable Environmental Laws that could reasonably be expected, individually or in the aggregate, to have a Material
Adverse Effect; 
 (e) No judicial proceedings or governmental or administrative action is pending, or, to the knowledge of
the Borrower, threatened, under any Environmental Law to which any Credit Party or any Subsidiary thereof is or will be named as a potentially responsible party, nor are there any consent decrees or other decrees, consent orders, administrative
orders or other orders, or other administrative 

  
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or judicial requirements outstanding under any applicable Environmental Law with respect to any Credit Party, any Subsidiary thereof, with respect to any real property owned, leased or operated
by any Credit Party or any Subsidiary thereof or operations conducted in connection therewith that could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect; and 

(f) There has been no release, or to its knowledge, threat of release, of Hazardous Materials at or from properties owned,
leased or operated by any Credit Party or any Subsidiary, now or in the past, in violation of or in amounts or in a manner that could give rise to liability under applicable Environmental Laws that could reasonably be expected, individually or in
the aggregate, to have a Material Adverse Effect. 
 SECTION 7.9 Employee Benefit Matters. 

(a) As of the Closing Date, no Credit Party nor any ERISA Affiliate maintains or contributes to, or has any obligation under,
any Employee Benefit Plans other than those identified on Schedule 7.9; 
 (b) Each Credit Party and each ERISA
Affiliate is in compliance with all applicable provisions of ERISA, the Code and the regulations and published interpretations thereunder with respect to all Employee Benefit Plans except for any required amendments for which the remedial amendment
period as defined in Section 401(b) of the Code has not yet expired and except where a failure to so comply could not reasonably be expected to have a Material Adverse Effect. Each Employee Benefit Plan that is intended to be qualified under
Section 401(a) of the Code has been determined by the IRS to be so qualified, and each trust related to such plan has been determined to be exempt under Section 501(a) of the Code except for such plans that have not yet received
determination letters but for which the remedial amendment period for submitting a determination letter has not yet expired. No liability has been incurred by any Credit Party or any ERISA Affiliate which remains unsatisfied for any taxes or
penalties assessed with respect to any Employee Benefit Plan or any Multiemployer Plan except for a liability that could not reasonably be expected to have a Material Adverse Effect; 

(c) As of the Closing Date, no Pension Plan has been terminated, nor has any Pension Plan become subject to funding based
benefit restrictions under Section 436 of the Code, nor has any funding waiver from the IRS been received or requested with respect to any Pension Plan, nor has any Credit Party or any ERISA Affiliate failed to make any contributions or to pay
any amounts due and owing as required by Sections 412 or 430 of the Code, Section 302 of ERISA or the terms of any Pension Plan on or prior to the due dates of such contributions under Sections 412 or 430 of the Code or Section 302 of
ERISA, nor has there been any event requiring any disclosure under Section 4041(c)(3)(C) or 4063(a) of ERISA with respect to any Pension Plan; 

(d) Except where the failure of any of the following representations to be correct could not reasonably be expected,
individually or in the aggregate, to have a Material Adverse Effect, no Credit Party nor any ERISA Affiliate has: (i) engaged in a nonexempt prohibited transaction described in Section 406 of the ERISA or Section 4975 of the Code,
(ii) incurred any liability to the PBGC which remains outstanding other than the payment of premiums and there are no premium payments which are due and unpaid, (iii) failed to make a required contribution or payment to a Multiemployer
Plan, or (iv) failed to make a required installment or other required payment under Sections 412 or 430 of the Code; 

(e) No Termination Event has occurred or is reasonably expected to occur; 

  
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 (f) Except where the failure of any of the following representations to be
correct could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, no proceeding, claim (other than a benefits claim in the ordinary course of business), lawsuit and/or investigation is existing or, to its
knowledge, threatened concerning or involving (i) any employee welfare benefit plan (as defined in Section 3(1) of ERISA) currently maintained or contributed to by any Credit Party or any ERISA Affiliate, (ii) any Pension Plan or
(iii) any Multiemployer Plan. 
 (g) No Credit Party nor any Subsidiary thereof is a party to any contract, agreement or
arrangement that could, solely as a result of the delivery of this Agreement or the consummation of transactions contemplated hereby, result in the payment of any “excess parachute payment” within the meaning of Section 280G of the
Code. 
 SECTION 7.10 Margin Stock. No Credit Party nor any Subsidiary thereof is engaged principally or as one of its activities in
the business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U of the Board of Governors of the Federal
Reserve System). No part of the proceeds of any of the Loans or Letters of Credit will be used for purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of Regulation T, U or X of
such Board of Governors. Following the application of the proceeds of each Extension of Credit, not more than twenty-five percent (25%) of the value of the assets (either of the Borrower only or of the Borrower and its Subsidiaries on a
Consolidated basis) subject to the provisions of Section 9.2 or Section 9.5 or subject to any restriction contained in any agreement or instrument between the Borrower and any Lender or any Affiliate of any Lender relating to
Indebtedness in excess of the Threshold Amount will be “margin stock”. 
 SECTION 7.11 Government Regulation. No Credit
Party nor any Subsidiary thereof is an “investment company” or a company “controlled” by an “investment company” (as each such term is defined or used in the Investment Company Act of 1940) and no Credit Party nor any
Subsidiary thereof is, or after giving effect to any Extension of Credit will be, subject to regulation under the Interstate Commerce Act, or any other Applicable Law which limits its ability to incur or consummate the transactions contemplated
hereby. 
 SECTION 7.12 Employee Relations. As of the Closing Date, no Credit Party nor any Subsidiary thereof is party to any
collective bargaining agreement, nor has any labor union been recognized as the representative of its employees except as set forth on Schedule 7.12. The Borrower knows of no pending, threatened or contemplated strikes, work stoppage or
other collective labor disputes involving its employees or those of its Subsidiaries that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

SECTION 7.13 Burdensome Provisions. The Credit Parties and their respective Subsidiaries do not presently anticipate that future
expenditures needed to meet the provisions of any statutes, orders, rules or regulations of a Governmental Authority will be so burdensome as to have a Material Adverse Effect. No Subsidiary is party to any agreement or instrument or otherwise
subject to any restriction or encumbrance that restricts or limits its ability to make dividend payments or other distributions in respect of its Equity Interests to the Borrower or any Subsidiary or to transfer any of its assets or properties to
the Borrower or any other Subsidiary in each case other than existing under or by reason of the Loan Documents or Applicable Law. 
 SECTION
7.14 Financial Statements. The audited and unaudited financial statements delivered pursuant to Section 6.1(e)(i)(A) and Section 6.1(e)(i)(B) are complete and correct and fairly present on a Consolidated basis the assets,
liabilities and financial position of the Borrower and its 

  
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Subsidiaries as at such dates, and the results of the operations and changes of financial position for the periods then ended (other than customary year-end adjustments for unaudited financial
statements and the absence of footnotes from unaudited financial statements). All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP. Such financial statements show all material
indebtedness and other material liabilities, direct or contingent, of the Borrower and its Subsidiaries as of the date thereof, including material liabilities for taxes, material commitments, and Indebtedness, in each case, to the extent required to
be disclosed under GAAP. The projections delivered pursuant to Section 6.1(e)(i)(C) and were prepared in good faith on the basis of the assumptions stated therein, which assumptions are believed to be reasonable in light of then existing
conditions except that such financial projections and statements shall be subject to normal year end closing and audit adjustments (it being recognized by the Lenders that projections are not to be viewed as facts and that the actual results during
the period or periods covered by such projections may vary from such projections). 
 SECTION 7.15 No Material Adverse Change. Since
December 31, 2014, there has been no material adverse change in the properties, business, operations, or condition (financial or otherwise) of the Borrower and its Subsidiaries and no event has occurred or condition arisen, either individually
or in the aggregate, that could reasonably be expected to have a Material Adverse Effect. 
 SECTION 7.16 Solvency. The Borrower is
Solvent, and the Borrower and its Subsidiaries, on a Consolidated basis, are Solvent. 
 SECTION 7.17 Title to Properties. As of the
Closing Date, the real property listed on Schedule 7.17 constitutes all of the real property that is owned, leased, subleased or used by any Credit Party or any of its Subsidiaries. Each Credit Party and each Subsidiary thereof has such title
to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its personal property and assets, except those which have been disposed of by the Credit Parties and their
Subsidiaries subsequent to such date which dispositions have been in the ordinary course of business or as otherwise expressly permitted hereunder. 

SECTION 7.18 Litigation. There are no actions, suits or proceedings pending nor, to its knowledge, threatened against or in any other
way relating adversely to or affecting any Credit Party or any Subsidiary thereof or any of their respective properties in any court or before any arbitrator of any kind or before or by any Governmental Authority that could reasonably be expected to
have a Material Adverse Effect. 
 SECTION 7.19 Insurance. The properties of the Borrower and its Subsidiaries are insured with
financially sound and reputable insurance companies not Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owing similar properties in
localities where the Borrower or applicable Subsidiary operates. 
 SECTION 7.20 Anti-Corruption Laws and Sanctions. 

(a) None of (i) the Borrower, any Subsidiary or, to the knowledge of the Borrower or such Subsidiary, any of their respective directors,
officers, employees or affiliates, or (ii) to the knowledge of any Credit Party, any agent or representative of the Borrower or any Subsidiary that will act in any capacity in connection with or benefit from the Credit Facility, (A) is a
Sanctioned Person or currently the subject or target of any Sanctions, (B) has its assets located in a Sanctioned Country, (C) directly or indirectly derives revenues from investments in, or transactions with, Sanctioned Persons or
(D) has taken any action, directly or indirectly, that would result in a violation by such Persons of any Anti-Corruption 

  
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Laws. Each of the Borrower and its Subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower and its Subsidiaries and their
respective directors, officers, employees, agents and Affiliates with the Anti-Corruption Laws and Sanctions. Each of the Borrower and its Subsidiaries, and to the knowledge of the Borrower, each director, officer, employee, agent and Affiliate of
the Borrower and each such Subsidiary, is in compliance with the Anti-Corruption Laws and Sanctions in all material respects. 
 (b) No
proceeds of any Extension of Credit have been used, directly or indirectly, by the Borrower, any of its Subsidiaries or any of its or their respective directors, officers, employees and agents (i) in furtherance of an offer, payment, promise to
pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose of funding, financing or facilitating any activities, business or transaction of or
with any Sanctioned Person, or in any Sanctioned Country, including any payments (directly or indirectly) to a Sanctioned Person or a Sanctioned Country or (iii) in any manner that would result in the violation of any Sanctions applicable to
any party hereto. 
 SECTION 7.21 Absence of Defaults. No event has occurred or is continuing (a) which constitutes a Default or
an Event of Default, or (b) which constitutes, or which with the passage of time or giving of notice or both would constitute, a default or event of default by any Credit Party or any Subsidiary thereof under any judgment, decree or order to
which any Credit Party or any Subsidiary thereof is a party or by which any Credit Party or any Subsidiary thereof or any of their respective properties may be bound or which would require any Credit Party or any Subsidiary thereof to make any
payment thereunder prior to the scheduled maturity date therefor that, in any case under this clause (ii), could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

SECTION 7.22 Senior Indebtedness Status. The Obligations of each Credit Party and each Subsidiary thereof under this Agreement and each
of the other Loan Documents ranks and shall continue to rank at least senior in priority of payment to all Subordinated Indebtedness and all senior unsecured Indebtedness of each such Person and is designated as “Senior Indebtedness” under
all instruments and documents, now or in the future, relating to all Subordinated Indebtedness and all senior unsecured Indebtedness of such Person. 

SECTION 7.23 Security Documents. The Security Documents create valid security interests in, and Liens on, the Collateral purported to
be covered thereby, which security interests and Liens are currently, or, upon the proper filing of UCC financing statements, notices of security interests in registered intellectual property rights or other applicable documents in the appropriate
jurisdictions or the Administrative Agent’s taking possession of such Collateral, as applicable, will be, perfected security interests and Liens, to the extent that such security interests and Liens can be perfected by such filings, deliveries,
notations and other actions contemplated by the Security Documents, prior to all other Liens other than Permitted Liens. 
 SECTION 7.24
Disclosure. The Borrower and/or its Subsidiaries have disclosed to the Administrative Agent and the Lenders all agreements, instruments and corporate or other restrictions to which any Credit Party and any Subsidiary thereof are subject, and
all other matters known to them, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. No financial statement, material report, material certificate or other material information furnished
(whether in writing or orally) by or on behalf of any Credit Party or any Subsidiary thereof to the Administrative Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered
hereunder (as modified or supplemented by other information so furnished), taken together as a whole, contains any untrue statement of a material fact or omits to state any material fact necessary to make the statements therein, in the light of the
circumstances under which they were 

  
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made, not misleading; provided that, with respect to projected financial information, pro forma financial information, estimated financial information and other projected or estimated
information, such information was prepared in good faith based upon assumptions believed to be reasonable at the time (it being recognized by the Lenders that projections are not to be viewed as facts and that the actual results during the period or
periods covered by such projections may vary from such projections). 
 ARTICLE VIII 

AFFIRMATIVE COVENANTS 
 Until all
of the Obligations (other than contingent indemnification obligations not then due) have been paid and satisfied in full in cash, all Letters of Credit have been terminated or expired and the Commitments terminated, each Credit Party will, and will
cause each of its Subsidiaries to: 
 SECTION 8.1 Financial Statements and Budgets. Deliver to the Administrative Agent, in form and
detail satisfactory to the Administrative Agent (which shall promptly make such information available to the Lenders in accordance with its customary practice): 

(a) Annual Financial Statements. As soon as practicable and in any event within ninety (90) days (or, if earlier,
on the date of any required public filing thereof) after the end of each Fiscal Year (commencing with the Fiscal Year ended December 31, 2015), an audited Consolidated and consolidating balance sheet of the Borrower and its Subsidiaries as of
the close of such Fiscal Year and audited Consolidated and consolidating statements of income, retained earnings and cash flows including the notes thereto, all in reasonable detail setting forth in comparative form the corresponding figures as of
the end of and for the preceding Fiscal Year and prepared in accordance with GAAP and, if applicable, containing disclosure of the effect on the financial position or results of operations of any change in the application of accounting principles
and practices during the year. Such annual financial statements shall be audited by an independent certified public accounting firm of recognized national standing acceptable to the Administrative Agent, and accompanied by a report and opinion
thereon by such certified public accountants prepared in accordance with generally accepted auditing standards that is not subject to any “going concern” or similar qualification or exception or any qualification as to the scope of such
audit or with respect to accounting principles followed by the Borrower or any of its Subsidiaries not in accordance with GAAP. 

(b) Quarterly Financial Statements. As soon as practicable and in any event within forty-five (45) days (or, if
earlier, on the date of any required public filing thereof) after the end of the first three fiscal quarters of each Fiscal Year (commencing with the fiscal quarter ended March 31, 2016), an unaudited Consolidated and consolidating balance
sheet of the Borrower and its Subsidiaries as of the close of such fiscal quarter and unaudited Consolidated and consolidating statements of income, retained earnings and cash flows and a report containing management’s discussion and analysis
of such financial statements for the fiscal quarter then ended and that portion of the Fiscal Year then ended, including the notes thereto, all in reasonable detail setting forth in comparative form the corresponding figures as of the end of and for
the corresponding period in the preceding Fiscal Year and prepared by the Borrower in accordance with GAAP and, if applicable, containing disclosure of the effect on the financial position or results of operations of any change in the application of
accounting principles and practices during the period, and certified by the chief financial officer of the Borrower to present fairly in all material respects the financial condition of the Borrower and its Subsidiaries on a Consolidated and
consolidating basis as of their respective dates and the results of operations of the Borrower and its Subsidiaries for the respective periods then ended, subject to normal year-end adjustments and the absence of footnotes. 

  
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 (c) Annual Business Plan and Budget. As soon as practicable and in any
event within forty-five (45) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, such plan to be prepared in accordance
with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.14
and a report containing management’s discussion and analysis of such budget with a reasonable disclosure of the key assumptions and drivers with respect to such budget, accompanied by a certificate from a Responsible Officer of the Borrower to
the effect that such budget contains good faith estimates (utilizing assumptions believed to be reasonable at the time of delivery of such budget) of the financial condition and operations of the Borrower and its Subsidiaries for such period. 

SECTION 8.2 Certificates; Other Reports. Deliver to the Administrative Agent (which shall promptly make such information available to
the Lenders in accordance with its customary practice): 
 (a) at each time financial statements are delivered pursuant to
Sections 8.1(a) or (b) and at such other times as the Administrative Agent shall reasonably request, a duly completed Officer’s Compliance Certificate signed by the chief executive officer, chief financial officer, treasurer
or controller of the Borrower and a report containing management’s discussion and analysis of such financial statements; 

(b) at each time financial statements are delivered pursuant to Sections 8.1(a) or (b) and at such other
times as the Administrative Agent shall reasonably request, (i) a duly completed IP Reporting Certificate signed by a Responsible Officer of the Borrower and (ii) a certification of the Consolidated EBITDA and aggregate net book value of
the assets of the Borrower and its Subsidiaries attributable to Immaterial Subsidiaries; 
 (c) at each time financial
statements are delivered pursuant to Section 8.1(a), a certificate of the independent certified public accountants of the Borrower certifying such financial statements that in connection with their audit, nothing came to their attention
that caused them to believe that the Credit Parties failed to comply with the terms, covenants, provisions or conditions of Section 9.14, insofar as they relate to financial and accounting matters or, if such is not the case, specifying
such non-compliance and its nature and period of existence; 
 (d) promptly upon receipt thereof, copies of all reports, if
any, submitted to any Credit Party, any Subsidiary thereof or any of their respective boards of directors by their respective independent public accountants in connection with their auditing function, including, without limitation, any management
report and any management responses thereto; 
 (e) promptly after the furnishing thereof, copies of any statement or report
furnished to any holder of Indebtedness of any Credit Party or any Subsidiary thereof in excess of the Threshold Amount pursuant to the terms of any indenture, loan or credit or similar agreement; 

(f) promptly after the assertion or occurrence thereof, notice of any action or proceeding against or of any noncompliance by
any Credit Party or any Subsidiary thereof with any Environmental Law that could reasonably be expected to have a Material Adverse Effect; 

(g) promptly after the same are available, copies of each annual report, proxy or financial statement or other report or
communication sent to the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or be required to file with the SEC under Section 13 or 15(d) of the
Exchange Act, or with any national securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 

  
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 (h) promptly, and in any event within five (5) Business Days after receipt
thereof by any Credit Party or any Subsidiary thereof, copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation or possible investigation or other
inquiry by such agency regarding financial or other operational results of any Credit Party or any Subsidiary thereof; 
 (i)
promptly upon the request thereof, such other information and documentation required by bank regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations (including, without limitation, the
PATRIOT Act), as from time to time reasonably requested by the Administrative Agent or any Lender; and 
 (j) such other
information regarding the operations, business affairs and financial condition of any Credit Party or any Subsidiary thereof as the Administrative Agent or any Lender may reasonably request. 

Documents required to be delivered pursuant to Section 8.1(a) or (b) or Section 8.2(f) or (g) (to the extent
any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or provides a
link thereto on the Borrower’s website on the Internet at the website address listed in Section 12.1; or (ii) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which
each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that: (i) the Borrower shall deliver paper copies of such documents to the
Administrative Agent or any Lender that requests the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify the
Administrative Agent and each Lender (by facsimile or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions of such documents. Notwithstanding anything contained herein,
upon request from the Administrative Agent, the Borrower shall provide paper copies of the Officer’s Compliance Certificates required by Section 8.2 to the Administrative Agent. Except for such Officer’s Compliance
Certificates, the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such
request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
 The Borrower
hereby acknowledges that (a) the Administrative Agent and/or the Arranger will make available to the Lenders and the Issuing Lender materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower
Materials”) by posting the Borrower Materials on the Platform and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the
Borrower or its securities) (each, a “Public Lender”). The Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and
that (w) all such Borrower Materials shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, means that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower
Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Arranger, the Issuing Lender and the Lenders to treat such Borrower Materials as not containing any material non-public information (although
it may be sensitive and proprietary) with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, 

  
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however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 12.10); (y) all Borrower Materials marked
“PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Investor;” and (z) the Administrative Agent and the Arranger shall be entitled to treat any Borrower Materials that are not
marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Investor.” 

SECTION 8.3 Notice of Litigation and Other Matters. Promptly (but in no event later than ten (10) days after any Responsible
Officer of any Credit Party obtains knowledge thereof) notify the Administrative Agent in writing of (which shall promptly make such information available to the Lenders in accordance with its customary practice): 

(a) the occurrence of any Default or Event of Default; 

(b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and
proceedings in any court or before any arbitrator against or involving any Credit Party or any Subsidiary thereof or any of their respective properties, assets or businesses in each case that if adversely determined could reasonably be expected to
result in a Material Adverse Effect; 
 (c) any notice of any violation received by any Credit Party or any Subsidiary
thereof from any Governmental Authority including, without limitation, any notice of violation of applicable Environmental Laws which in any such case could reasonably be expected to have a Material Adverse Effect; 

(d) any labor controversy that has resulted in a strike or other work action against any Credit Party or any Subsidiary thereof
that could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect; 
 (e) any
attachment, judgment, lien, levy or order exceeding the Threshold Amount that may be assessed against any Credit Party or any Subsidiary thereof; 

(f) (i) any unfavorable determination letter from the IRS regarding the qualification of an Employee Benefit Plan under
Section 401(a) of the Code (along with a copy thereof), (ii) all notices received by any Credit Party or any ERISA Affiliate of the PBGC’s intent to terminate any Pension Plan or to have a trustee appointed to administer any Pension
Plan, (iii) all notices received by any Credit Party or any ERISA Affiliate from a Multiemployer Plan sponsor concerning the imposition or amount of withdrawal liability pursuant to Section 4202 of ERISA and (iv) the Borrower
obtaining knowledge or reason to know that any Credit Party or any ERISA Affiliate has filed or intends to file a notice of intent to terminate any Pension Plan under a distress termination within the meaning of Section 4041(c) of ERISA; and

 (g) any event which makes any of the representations set forth in Article VII that is subject to materiality or
Material Adverse Effect qualifications inaccurate in any respect or any event which makes any of the representations set forth in Article VII that is not subject to materiality or Material Adverse Effect qualifications inaccurate in any
material respect. 
 Each notice pursuant to Section 8.3 shall be accompanied by a statement of a Responsible Officer of the
Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to Section 8.3(a) shall describe with particularity any
and all provisions of this Agreement and any other Loan Document that have been breached. 

  
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 SECTION 8.4 Preservation of Corporate Existence and Related Matters. Except as permitted
by Section 9.4, preserve and maintain its separate corporate existence and all rights, franchises, licenses and privileges necessary to the conduct of its business, and qualify and remain qualified as a foreign corporation or other
entity and authorized to do business in each jurisdiction in which the failure to so qualify could reasonably be expected to have a Material Adverse Effect. 

SECTION 8.5 Maintenance of Property and Licenses. 

(a) In addition to the requirements of any of the Security Documents, protect and preserve all Properties necessary in and
material to its business, including material copyrights, patents, trade names, service marks and trademarks; maintain in good working order and condition, ordinary wear and tear excepted, all buildings, equipment and other tangible real and personal
property; and from time to time make or cause to be made all repairs, renewals and replacements thereof and additions to such Property necessary for the conduct of its business, so that the business carried on in connection therewith may be
conducted in a commercially reasonable manner, in each case except as such action or inaction would not reasonably be expected to result in a Material Adverse Effect. 

(b) Maintain, in full force and effect in all material respects, each and every material license, permit, certification,
qualification, approval or franchise issued by any Governmental Authority (each a “License”) required for each of them to conduct their respective businesses as presently conducted. 

SECTION 8.6 Insurance. Maintain insurance with financially sound and reputable insurance companies against at least such risks and in
at least such amounts as are customarily maintained by similar businesses and as may be required by Applicable Law and as are required by any Security Documents (including, without limitation, hazard and business interruption insurance). All such
insurance shall, (a) provide that no cancellation or material modification thereof shall be effective until at least 30 days after receipt by the Administrative Agent of written notice thereof, (b) name the Administrative Agent as an
additional insured party thereunder and (c) in the case of each casualty insurance policy, name the Administrative Agent as lender’s loss payee or mortgagee, as applicable. On the Closing Date and from time to time thereafter deliver to
the Administrative Agent upon its request information in reasonable detail as to the insurance then in effect, stating the names of the insurance companies, the amounts and rates of the insurance, the dates of the expiration thereof and the
properties and risks covered thereby. 
 SECTION 8.7 Accounting Methods and Financial Records. Maintain a system of accounting, and
keep proper books, records and accounts (which shall be true and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP and in compliance with the
regulations of any Governmental Authority having jurisdiction over it or any of its Properties. 
 SECTION 8.8 Payment of Taxes and Other
Obligations. Pay and perform (a) all material taxes, assessments and other governmental charges that may be levied or assessed upon it or any of its Property; provided, that the Borrower or such Subsidiary may contest any item
described in this clause (a) in good faith so long as adequate reserves are maintained with respect thereto in accordance with GAAP and (b) except where the failure to pay or perform such items described in this clause (b) could not
reasonably be expected to have a Material Adverse Effect, all other Indebtedness, obligations and liabilities in accordance with customary trade practices. 

SECTION 8.9 Compliance with Laws and Approvals. Observe and remain in compliance with all Applicable Laws and maintain in full force
and effect all Governmental Approvals, in each case applicable to the conduct of its business, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. 

  
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 SECTION 8.10 Environmental Laws. In addition to and without limiting the generality of
Section 8.9, except where the failure to so comply could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (a) comply with, and ensure such compliance by all tenants and subtenants with
all applicable Environmental Laws and obtain and comply with and maintain, and ensure that all tenants and subtenants, if any, obtain and comply with and maintain, any and all licenses, approvals, notifications, registrations or permits required by
applicable Environmental Laws and (b) conduct and complete all investigations, studies, sampling and testing, and all remedial, removal and other actions required under applicable Environmental Laws, and promptly comply with all lawful orders
and directives of any Governmental Authority regarding applicable Environmental Laws. 
 SECTION 8.11 Compliance with ERISA. In
addition to and without limiting the generality of Section 8.9, (a) except where the failure to so comply could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (i) comply with
applicable provisions of ERISA, the Code and the regulations and published interpretations thereunder with respect to all Employee Benefit Plans, (ii) not take any action or fail to take action the result of which could reasonably be expected
to result in a liability to the PBGC or to a Multiemployer Plan, (iii) not participate in any prohibited transaction that could result in any civil penalty under ERISA or tax under the Code and (iv) operate each Employee Benefit Plan in
such a manner that will not incur any tax liability under Section 4980B of the Code or any liability to any qualified beneficiary as defined in Section 4980B of the Code and (b) furnish to the Administrative Agent upon the
Administrative Agent’s request such additional information about any Employee Benefit Plan as may be reasonably requested by the Administrative Agent. 

SECTION 8.12 Visits and Inspections. Permit representatives of the Administrative Agent or any Lender, from time to time upon prior
reasonable notice and at such times during normal business hours, all at the expense of the Borrower, to visit and inspect its properties; inspect, audit and make extracts from its books, records and files, including, but not limited to, management
letters prepared by independent accountants; and discuss with its principal officers, and its independent accountants, its business, assets, liabilities, financial condition, results of operations and business prospects; provided that
excluding any such visits and inspections during the continuation of an Event of Default, the Administrative Agent shall not exercise such rights more often than once per fiscal year at the Borrower’s expense; provided further that upon
the occurrence and during the continuance of an Event of Default, the Administrative Agent or any Lender may do any of the foregoing at the expense of the Borrower at any time without advance notice. 

SECTION 8.13 Additional Subsidiaries. 

(a) Additional Domestic Subsidiaries. Promptly (and, in any event, within thirty (30) days, as such time period may
be extended by the Administrative Agent in its sole discretion) (x) after the creation of any Domestic Subsidiary (other than an Immaterial Subsidiary) or (y) after any Domestic Subsidiary ceases to be an Immaterial Subsidiary, cause such
Person to (i) become a Subsidiary Guarantor by delivering to the Administrative Agent a duly executed supplement to the Guaranty Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose,
(ii) grant a security interest in all Collateral (subject to the exceptions specified in the Collateral Agreement) owned by such Subsidiary by delivering to the Administrative Agent a duly executed supplement to each applicable Security
Document or such other document as the Administrative Agent shall deem appropriate for such purpose and comply with the terms of each applicable Security Document, (iii) deliver to the Administrative Agent such opinions, documents and

  
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certificates referred to in Section 6.1 as may be reasonably requested by the Administrative Agent, (iv) deliver to the Administrative Agent such original certificated Equity
Interests or other certificates and stock or other transfer powers evidencing the Equity Interests of such Person (to the extent such Equity Interests are certificated), (v) deliver to the Administrative Agent such updated Schedules to the Loan
Documents as requested by the Administrative Agent with respect to such Person, and (vi) deliver to the Administrative Agent such other documents as may be reasonably requested by the Administrative Agent, all in form, content and scope
reasonably satisfactory to the Administrative Agent. 
 (b) Additional Foreign Subsidiaries. Notify the Administrative
Agent promptly after any Person becomes a First Tier Foreign Subsidiary, and at the request of the Administrative Agent, promptly thereafter (and, in any event, within forty five (45) days after such notification, as such time period may be
extended by the Administrative Agent in its sole discretion), cause (i) the applicable Credit Party to deliver to the Administrative Agent Security Documents pledging sixty-six percent (66%) of the
total outstanding voting Equity Interests (and one hundred percent (100%) of the non-voting Equity Interests) of any such new First Tier Foreign Subsidiary and a consent thereto executed by such new First Tier Foreign Subsidiary (including,
without limitation, if applicable, original certificated Equity Interests (or the equivalent thereof pursuant to the Applicable Laws and practices of any relevant foreign jurisdiction) evidencing the Equity Interests of such new First Tier Foreign
Subsidiary, together with an appropriate undated stock or other transfer power for each certificate duly executed in blank by the registered owner thereof), (ii) such Person to deliver to the Administrative Agent such opinions, documents and
certificates referred to in Section 6.1 as may be reasonably requested by the Administrative Agent, (iii) such Person to deliver to the Administrative Agent such updated Schedules to the Loan Documents as requested by the
Administrative Agent with regard to such Person and (iv) such Person to deliver to the Administrative Agent such other documents as may be reasonably requested by the Administrative Agent, all in form, content and scope reasonably satisfactory
to the Administrative Agent. 
 (c) Merger Subsidiaries. Notwithstanding the foregoing, to the extent any new
Subsidiary is created solely for the purpose of consummating a merger transaction pursuant to a Permitted Acquisition, and such new Subsidiary at no time holds any assets or liabilities other than any merger consideration contributed to it
contemporaneously with the closing of such merger transaction, such new Subsidiary shall not be required to take the actions set forth in Section 8.13(a) or (b), as applicable, until the consummation of such Permitted Acquisition
(at which time, the surviving entity of the respective merger transaction shall be required to so comply with Section 8.13(a) or (b), as applicable, within ten (10) Business Days of the consummation of such Permitted
Acquisition, as such time period may be extended by the Administrative Agent in its sole discretion). 
 (d) Immaterial
Subsidiaries. If at any time after a Responsible Officer of the Borrower obtains knowledge that the Subsidiaries that constitute Immaterial Subsidiaries account for, in the aggregate, more than (i) ten percent (10%) of the aggregate
net book value of the assets of the Borrower and its Subsidiaries or (ii) ten percent (10%) of the Consolidated EBITDA, then the Borrower shall (A) identify in writing to the Administrative Agent one or more Subsidiaries to be removed
from its designation as an Immaterial Subsidiary so that the Subsidiaries constituting Immaterial Subsidiaries account for, in the aggregate, not more than (1) ten percent (10%) of the aggregate net book value of the assets of the Borrower
and its Subsidiaries and (2) ten percent (10%) of the Consolidated EBITDA and (B) cause such identified Subsidiaries to comply with the applicable provisions of Section 8.13(a) within the time provided therein. 

  
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 SECTION 8.14 Use of Proceeds. 

(a) The Borrower shall use the proceeds of the Extensions of Credit (i) to finance the New World Systems Acquisition,
(ii) pay fees, commissions and expenses in connection with the Transactions, and (iii) for working capital and general corporate purposes of the Borrower and its Subsidiaries. 

(b) The Borrower shall use the proceeds of any Incremental Term Loan and any Incremental Revolving Credit Increase as permitted
pursuant to Section 4.1, as applicable. 
 (c) The Borrower will not request any Extension of Credit, and the
Borrower shall not use, and shall ensure that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Extension of Credit, directly or indirectly, (i) in furtherance of an offer,
payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (ii) for the purpose of funding, financing or facilitating any activities, business
or transaction of or with any Sanctioned Person, or in any Sanctioned Country, or (iii) in any manner that would result in the violation of any Sanctions applicable to any party hereto. 

SECTION 8.15 Compliance with Anti-Corruption Laws and Sanctions. The Borrower will maintain in effect and enforce policies and
procedures designed to ensure compliance by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions. 

SECTION 8.16 Corporate Governance. (a) Maintain entity records and books of account separate from those of any other entity which
is an Affiliate of such entity, (b) not commingle its funds or assets with those of any other entity which is an Affiliate of such entity (except pursuant to cash management systems reasonably acceptable to the Administrative Agent) and
(c) provide that its board of directors (or equivalent governing body) will hold all appropriate meetings to authorize and approve such entity’s actions, which meetings will be separate from those of any other entity which is an Affiliate
of such entity. For the purposes of this Section 8.16, “Affiliate” shall not include the Borrower or any Subsidiary thereof. 

SECTION 8.17 Further Assurances. Execute any and all further documents, financing statements, agreements and instruments, and take all
such further actions (including the filing and recording of financing statements and other documents), which may be required under any Applicable Law, or which the Administrative Agent or the Required Lenders may reasonably request, to effectuate
the transactions contemplated by the Loan Documents or to grant, preserve, protect or perfect the Liens created or intended to be created by the Security Documents or the validity or priority of any such Lien, all at the expense of the Credit
Parties. The Borrower also agrees to provide to the Administrative Agent, from time to time upon the reasonable request by the Administrative Agent, evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority
of the Liens created or intended to be created by the Security Documents. 
 SECTION 8.18 Post-Closing Matters. Execute and deliver
the documents, take the actions and complete the tasks set forth on Schedule 8.18, in each case within the corresponding time limits specified on such schedule. 

  
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 ARTICLE IX 

NEGATIVE COVENANTS 
 Until all of
the Obligations (other than contingent, indemnification obligations not then due) have been paid and satisfied in full in cash, all Letters of Credit have been terminated or expired and the Commitments terminated, the Credit Parties will not, and
will not permit any of their respective Subsidiaries to: 
 SECTION 9.1 Indebtedness. Create, incur, assume or suffer to exist any
Indebtedness except: 
 (a) the Obligations; 

(b) Indebtedness (i) owing under Hedge Agreements entered into in order to manage existing or anticipated interest rate,
exchange rate or commodity price risks and not for speculative purposes and (ii) owing under Secured Cash Management Agreements entered into the ordinary course of business; 

(c) Indebtedness existing on the Closing Date and listed on Schedule 9.1, and any refinancings, refundings, renewals or
extensions thereof; provided that (i) the principal amount of such Indebtedness is not increased at the time of such refinancing, refunding, renewal or extension except by an amount equal to a reasonable premium or other reasonable
amount paid, and fees and expenses reasonably incurred, in connection with such refinancing and by an amount equal to any existing commitments unutilized thereunder, (ii) the final maturity date and weighted average life of such refinancing,
refunding, renewal or extension shall not be prior to or shorter than that applicable to the Indebtedness prior to such refinancing, refunding, renewal or extension and (iii) any refinancing, refunding, renewal or extension of any Subordinated
Indebtedness shall be (A) on subordination terms at least as favorable to the Lenders, (B) no more restrictive on the Borrower and its Subsidiaries than the Subordinated Indebtedness being refinanced, refunded, renewed or extended and
(C) in an amount not less than the amount outstanding at the time of such refinancing, refunding, renewal or extension; 

(d) Capital Lease Obligations and Indebtedness incurred by the Borrower or any Domestic Subsidiary in connection with purchase
money Indebtedness in an aggregate amount not to exceed $35,000,000 at any time outstanding; 
 (e) Indebtedness of a Person
existing at the time such Person became a Domestic Subsidiary or assets were acquired by the Borrower or any Domestic Subsidiary from such Person in connection with an Investment permitted pursuant to Section 9.3, to the extent that
(i) such Indebtedness was not incurred in connection with, or in contemplation of, such Person becoming a Domestic Subsidiary or the acquisition of such assets, (ii) neither the Borrower nor any Subsidiary thereof (other than such Person
or any other Person that such Person merges with or that acquires the assets of such Person) shall have any liability or other obligation with respect to such Indebtedness and (iii) the aggregate outstanding principal amount of such
Indebtedness does not exceed $35,000,000 at any time outstanding; 
 (f) Guarantees with respect to Indebtedness permitted
pursuant to subsections (a) through (e) of this Section; 
 (g) unsecured intercompany Indebtedness: 

(i) owed by any Credit Party to another Credit Party; 

  
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 (ii) owed by any Credit Party to any Non-Guarantor Subsidiary
(provided that such Indebtedness shall be subordinated to the Obligations in a manner reasonably satisfactory to the Administrative Agent); and 

(iii) owed by any Non-Guarantor Subsidiary to any other Non-Guarantor Subsidiary; and 

(iv) owed by any Non-Guarantor Subsidiary to any Credit Party to the extent permitted pursuant to
Section 9.3(a)(vi); 
 (h) Indebtedness arising from the honoring by a bank or other financial institution of a
check, draft or other similar instrument drawn against insufficient funds in the ordinary course of business; 
 (i)
Subordinated Indebtedness of the Borrower and or any Subsidiary Guarantor; provided, that in the case of each incurrence of such Subordinated Indebtedness, (i) no Default or Event of Default shall have occurred and be continuing or would
be caused by the incurrence of such Subordinated Indebtedness and (ii) the Administrative Agent shall have received satisfactory written evidence that the Borrower would be in compliance with the financial covenants set forth in
Section 9.14 on a Pro Forma Basis after giving effect to the issuance of any such Subordinated Indebtedness; 

(j) Indebtedness under performance bonds, surety bonds, release, appeal and similar bonds, statutory obligations or with
respect to workers’ compensation claims, in each case incurred in the ordinary course of business, and reimbursement obligations in respect of any of the foregoing; 

(k) Indebtedness of Foreign Subsidiaries in an aggregate principal amount not to exceed $25,000,000 at any time outstanding;

 (l) unsecured Indebtedness of the Borrower or any Subsidiary Guarantor thereof not otherwise permitted pursuant to this
Section; provided that (i) the Borrower shall be in compliance with (A) a Consolidated Total Leverage Ratio of not greater than 4.25 to 1.00 and (B) the financial covenants set forth in Section 9.14, in each case on
a Pro Forma Basis (based on the financial statements for the most recent fiscal quarter end for which financial statements have been provided) immediately after giving effect to the incurrence of such Indebtedness, (ii) the final maturity of
such Indebtedness shall not be prior to the date that is one hundred eighty (180) days after the Latest Maturity Date, (iii) such Indebtedness will not have mandatory prepayment or mandatory amortization, redemption, sinking fund or
similar prepayments (other than asset sale, change of control, fundamental change or similar mandatory offers to repurchase customary for high-yield or convertible debt securities) prior to the date that is one hundred eighty (180) days after
the Latest Maturity Date at the time of the issuance of such Indebtedness, (iv) such Indebtedness is not guaranteed by any Domestic Subsidiary that is not a Subsidiary Guarantor, (v) to the extent such Indebtedness is subordinated in right
of payment to the Obligations, any guaranty thereof by the Credit Parties shall be expressly subordinated to the Secured Obligations on terms materially not less favorable to the Lenders than the subordination terms of such Indebtedness,
(vi) the terms of such Indebtedness, taken as a whole, are no more restrictive on the Borrower and its Subsidiaries than the terms of the Loan Documents, taken as a whole, and (vii) no Event of Default shall have occurred and be continuing
or result from the incurrence of such Indebtedness; and 
 (m) other Indebtedness of any Credit Party or any Domestic
Subsidiary thereof not otherwise permitted pursuant to this Section in an aggregate principal amount not to exceed $35,000,000 at any time outstanding; provided that, immediately before and immediately after giving pro forma effect to any
secured Indebtedness, (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Borrower shall have demonstrated compliance (based on the financial statements for the most recent fiscal quarter end for which
financial statements have been provided) with the financial covenants set forth in Section 9.14. 

  
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 SECTION 9.2 Liens. Create, incur, assume or suffer to exist, any Lien on or with respect
to any of its Property, whether now owned or hereafter acquired, except: 
 (a) Liens created pursuant to the Loan Documents
(including, without limitation, Liens in favor of the Swingline Lender and/or the Issuing Lender, as applicable, on Cash Collateral granted pursuant to the Loan Documents); 

(b) Liens in existence on the Closing Date and described on Schedule 9.2, and the replacement, renewal or extension
thereof (including Liens incurred, assumed or suffered to exist in connection with any refinancing, refunding, renewal or extension of Indebtedness pursuant to Section 9.1(c) (solely to the extent that such Liens were in existence on the
Closing Date and described on Schedule 9.2)); provided that the scope of any such Lien shall not be increased, or otherwise expanded, to cover any additional property or type of asset, as applicable, beyond that in existence on the
Closing Date, except for products and proceeds of the foregoing; 
 (c) Liens for taxes, assessments and other governmental
charges or levies (excluding any Lien imposed pursuant to any of the provisions of ERISA or applicable Environmental Laws) (i) not yet due or as to which the period of grace (not to exceed thirty (30) days), if any, related thereto has not
expired or (ii) which are being contested in good faith and by appropriate proceedings if adequate reserves are maintained to the extent required by GAAP; 

(d) the claims of materialmen, mechanics, carriers, warehousemen, processors or landlords for labor, materials, supplies or
rentals incurred in the ordinary course of business, which (i) are not overdue for a period of more than thirty (30) days, or if more than thirty (30) days overdue, no action has been taken to enforce such Liens and such Liens are
being contested in good faith and by appropriate proceedings if adequate reserves are maintained to the extent required by GAAP and (ii) do not, individually or in the aggregate, materially impair the use thereof in the operation of the
business of the Borrower or any of its Subsidiaries; 
 (e) deposits or pledges made in the ordinary course of business in
connection with, or to secure payment of, obligations under workers’ compensation, unemployment insurance and other types of social security or similar legislation, or to secure the performance of bids, trade contracts and leases (other than
Indebtedness), statutory obligations, surety bonds (other than bonds related to judgments or litigation), performance bonds and other obligations of a like nature incurred in the ordinary course of business, in each case, so long as no foreclosure
sale or similar proceeding has been commenced with respect to any portion of the Collateral on account thereof; 
 (f)
encumbrances in the nature of zoning restrictions, easements and rights or restrictions of record on the use of real property, which in the aggregate are not substantial in amount and which do not, in any case, detract from the value of such
property or impair the use thereof in the ordinary conduct of business; 

  
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 (g) Liens arising from the filing of precautionary UCC financing statements
relating solely to personal property leased pursuant to operating leases entered into in the ordinary course of business of the Borrower and its Subsidiaries; 

(h) Liens securing Indebtedness permitted under Section 9.1(d); provided that (i) such Liens shall be
created substantially simultaneously with the acquisition, repair, improvement or lease, as applicable, of the related Property, (ii) such Liens do not at any time encumber any property other than the Property financed by such Indebtedness and
(iii) the principal amount of Indebtedness secured by any such Lien shall at no time exceed one hundred percent (100%) of the original price for the purchase, repair improvement or lease amount (as applicable) of such Property at the time
of purchase, repair, improvement or lease (as applicable); 
 (i) Liens securing judgments for the payment of money not
constituting an Event of Default under Section 10.1(l) or securing appeal or other surety bonds relating to such judgments; 

(j) Liens on Property (i) of any Subsidiary which are in existence at the time that such Subsidiary is acquired pursuant
to a Permitted Acquisition and (ii) of the Borrower or any of its Subsidiaries existing at the time such tangible property or tangible assets are purchased or otherwise acquired by the Borrower or such Subsidiary thereof pursuant to a
transaction permitted pursuant to this Agreement; provided that, with respect to each of the foregoing clauses (i) and (ii), (A) such Liens are not incurred in connection with, or in anticipation of, such Permitted Acquisition,
purchase or other acquisition, (B) such Liens are applicable only to specific Property, (C) such Liens are not “blanket” or all asset Liens, (D) such Liens do not attach to any other Property of the Borrower or any of its
Subsidiaries and (E) the Indebtedness secured by such Liens is permitted under Section 9.1(e) of this Agreement); 

(k) (i) Liens of a collecting bank arising in the ordinary course of business under Section 4-210 of the Uniform
Commercial Code in effect in the relevant jurisdiction and (ii) Liens of any depositary bank in connection with statutory, common law and contractual rights of set-off and recoupment with respect to any deposit account of the Borrower or any
Subsidiary thereof; 
 (l) (i) contractual or statutory Liens of landlords to the extent relating to the property and
assets relating to any lease agreements with such landlord, and (ii) contractual Liens of suppliers (including sellers of goods) or customers granted in the ordinary course of business to the extent limited to the property or assets relating to
such contract; 
 (m) any interest or title of a licensor, sublicensor, lessor or sublessor with respect to any assets under
any license or lease agreement entered into in the ordinary course of business which do not (i) interfere in any material respect with the business of the Borrower or its Subsidiaries or materially detract from the value of the relevant assets
of the Borrower or its Subsidiaries or (ii) secure any Indebtedness; and 
 (n) Liens not otherwise permitted hereunder
on assets other than the Collateral securing Indebtedness or other obligations in the aggregate principal amount not to exceed $10,000,000 at any time outstanding. 

SECTION 9.3 Investments. Purchase, own, invest in or otherwise acquire (in one transaction or a series of transactions), directly or
indirectly, any Equity Interests, interests in any partnership or joint venture (including, without limitation, the creation or capitalization of any Subsidiary), evidence of Indebtedness or other obligation or security, substantially all or a
portion of the business or assets of any other Person or any other investment or interest whatsoever in any other Person, or make or permit to exist, directly or indirectly, any loans, advances or extensions of credit to, or any investment in cash
or by delivery of Property in, any Person (all the foregoing, “Investments”) except: 
 (a) (i) Investments existing on
the Closing Date in Subsidiaries existing on the Closing Date; 

  
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 (ii) Investments existing on the Closing Date (other than Investments in
Subsidiaries existing on the Closing Date) and described on Schedule 9.3; 
 (iii) Investments made after the
Closing Date by any Credit Party in any other Credit Party; 
 (iv) Investments made after the Closing Date by any
Non-Guarantor Subsidiary in any other Non-Guarantor Subsidiary; 
 (v) Investments made after the Closing Date by any
Non-Guarantor Subsidiary in any Credit Party; and 
 (vi) Investments made after the Closing Date by any Credit Party in any
Non-Guarantor Subsidiary in an aggregate amount at any time outstanding not to exceed (A) $10,000,000 less (B) the amount of outstanding Investments made pursuant to Section 9.3(f)(ii) (provided that any
Investments in the form of loans or advances made by any Credit Party to any Non-Guarantor Subsidiary pursuant to this clause (vi) shall be evidenced by a demand note in form and substance reasonably satisfactory to the Administrative Agent and
shall be pledged and delivered to the Administrative Agent pursuant to the Security Documents); 
 (b) Investments in cash
and Cash Equivalents; 
 (c) deposits made in the ordinary course of business to secure the performance of leases or other
obligations as permitted by Section 9.2; 
 (d) Hedge Agreements permitted pursuant to Section 9.1;

 (e) purchases of assets in the ordinary course of business; 

(f) Investments by the Borrower or any Subsidiary thereof in the form of: 

(i) Permitted Acquisitions to the extent that any Person or Property acquired in such Acquisition becomes a part of the
Borrower or a Subsidiary Guarantor or becomes (whether or not such Person is a Wholly-Owned Subsidiary) a Subsidiary Guarantor in the manner contemplated by Section 8.13; and 

(ii) Permitted Acquisitions to the extent that any Person or Property acquired in such Acquisition does not become a
Subsidiary Guarantor or a part of a Subsidiary Guarantor; provided that, immediately prior to giving effect to any such Permitted Acquisition, the Administrative Agent and the Lenders shall have received from the Borrower an Officer’s
Compliance Certificate demonstrating, in form and substance reasonably satisfactory to the Administrative Agent, that after giving effect to any such Permitted Acquisition and determined on a Pro Forma Basis with respect thereto, the
Consolidated EBITDA of all Credit Parties is greater than eighty percent (80%) of the Consolidated EBITDA of all Credit Parties and their Subsidiaries (including, without limitation, all Non-Guarantor Subsidiaries and the Person or Property
acquired in connection with such Permitted Acquisition); 

  
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 (g) Investments in the form of loans and advances to officers, directors and
employees in the ordinary course of business in an aggregate amount not to exceed at any time outstanding $500,000 (determined without regard to any write-downs or write-offs of such loans or advances); 

(h) Investments in the form of Restricted Payments permitted pursuant to Section 9.6; 

(i) Guarantees permitted pursuant to Section 9.1; 

(j) Investments consisting of extensions of credit in the nature of accounts receivable arising from the grant of trade credit
in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss; 

(k) Investments not otherwise permitted pursuant to this Section; provided that, immediately before and immediately
after giving pro forma effect to any such Investments, (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Borrower shall be in compliance (based on the financial statements for the most recent fiscal
quarter end for which financial statements have been provided) with a Consolidated Total Leverage Ratio of not greater than 2.75 to 1.00; 

(l) Investments not otherwise permitted pursuant to this Section in an aggregate amount not to exceed $75,000,000 at any time
outstanding; provided that, immediately before and immediately after giving pro forma effect to any such Investments and any Indebtedness incurred in connection therewith, no Default or Event of Default shall have occurred and be continuing;
and 
 (m) the New World Systems Acquisition. 

For purposes of determining the amount of any Investment outstanding for purposes of this Section 9.3, such amount shall be deemed to be the
amount of such Investment when made, purchased or acquired (without adjustment for subsequent increases or decreases in the value of such Investment) less any amount realized in respect of such Investment upon the sale, collection or return
of capital (not to exceed the original amount invested). 
 SECTION 9.4 Fundamental Changes. Merge, consolidate or enter into any
similar combination with, or enter into any Asset Disposition of all or substantially all of its assets (whether in a single transaction or a series of transactions) with, any other Person or liquidate, wind-up or dissolve itself (or suffer any
liquidation or dissolution) except: 
 (a) (i) any Wholly-Owned Subsidiary of the Borrower may be merged, amalgamated or
consolidated with or into the Borrower (provided that the Borrower shall be the continuing or surviving entity) or (ii) any Wholly-Owned Subsidiary of the Borrower may be merged, amalgamated or consolidated with or into any Subsidiary
Guarantor (provided that such Subsidiary Guarantor shall be the continuing or surviving entity or simultaneously with such transaction, the continuing or surviving entity shall become a Subsidiary Guarantor and the Borrower shall comply with
Section 8.13 in connection therewith); 
 (b) (i) any Non-Guarantor Subsidiary that is a Foreign Subsidiary
may be merged, amalgamated or consolidated with or into, or be liquidated into, any other Non-Guarantor Subsidiary and (ii) any Non-Guarantor Subsidiary that is a Domestic Subsidiary may be merged, amalgamated or consolidated with or into, or
be liquidated into, any other Non-Guarantor Subsidiary that is a Domestic Subsidiary; 

  
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 (c) any Subsidiary may dispose of all or substantially all of its assets (upon
voluntary liquidation, dissolution, winding up or otherwise) to the Borrower or any Subsidiary Guarantor; provided that, with respect to any such disposition by any Non-Guarantor Subsidiary, the consideration for such disposition shall not
exceed the fair value of such assets; 
 (d) (i) any Non-Guarantor Subsidiary that is a Foreign Subsidiary may dispose
of all or substantially all of its assets (upon voluntary liquidation, dissolution, winding up or otherwise) to any other Non-Guarantor Subsidiary and (ii) any Non-Guarantor Subsidiary that is a Domestic Subsidiary may dispose of all or
substantially all of its assets (upon voluntary liquidation, dissolution, winding up or otherwise) to any other Non-Guarantor Subsidiary that is a Domestic Subsidiary; 

(e) any Wholly-Owned Subsidiary of the Borrower may merge with or into the Person such Wholly-Owned Subsidiary was formed to
acquire in connection with any acquisition permitted hereunder (including, without limitation, any Permitted Acquisition permitted pursuant to Section 9.3(g)); provided that in the case of any merger involving a Wholly-Owned
Subsidiary that is a Domestic Subsidiary, (i) a Subsidiary Guarantor shall be the continuing or surviving entity or (ii) simultaneously with such transaction, the continuing or surviving entity shall become a Subsidiary Guarantor and the
Borrower shall comply with Section 8.13 in connection therewith; and 
 (f) any Person may merge into the
Borrower or any of its Wholly-Owned Subsidiaries in connection with a Permitted Acquisition permitted pursuant to Section 9.3(g); provided that (i) in the case of a merger involving the Borrower or a Subsidiary Guarantor, the
continuing or surviving Person shall be the Borrower or such Subsidiary Guarantor and (ii) the continuing or surviving Person shall be the Borrower or a Wholly-Owned Subsidiary of the Borrower. 

SECTION 9.5 Asset Dispositions. Make any Asset Disposition except: 

(a) the sale of obsolete, worn-out or surplus assets no longer used or usable in the business of the Borrower or any of its
Subsidiaries; 
 (b) non-exclusive licenses and sublicenses of intellectual property rights in the ordinary course of
business not interfering, individually or in the aggregate, in any material respect with the conduct of the business of the Borrower and its Subsidiaries; 

(c) leases, subleases, licenses or sublicenses of real or personal property granted by the Borrower or any of its Subsidiaries
to others in the ordinary course of business not detracting from the value of such real or personal property or interfering in any material respect with the business of the Borrower or any of its Subsidiaries; 

(d) Asset Dispositions in connection with Insurance and Condemnation Events; 

(e) Assets Dispositions in connection with transactions permitted by Section 9.4; and 

(f) Asset Dispositions not otherwise permitted pursuant to this Section; provided that (i) at the time of such
Asset Disposition, no Default or Event of Default shall exist or would result from such Asset Disposition and (ii) for Asset Dispositions with an aggregate fair market value excess of $50,000,000, such Asset Disposition is made for fair market
value and the consideration received shall be no less than 75% in cash, and (iii) the aggregate fair market value of all property disposed of in 

  
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reliance on this clause (f) shall not exceed 10% of the Consolidated tangible assets of the Borrower and its Subsidiaries, as shown on the balance sheets of the Borrower delivered pursuant
to Section 8.1(a) or (b), as applicable, in any Fiscal Year. 
 SECTION 9.6 Restricted Payments. Declare or pay
any dividend on, or make any payment or other distribution on account of, or purchase, redeem, retire or otherwise acquire (directly or indirectly), or set apart assets for a sinking or other analogous fund for the purchase, redemption, retirement
or other acquisition of, any class of Equity Interests of any Credit Party or any Subsidiary thereof, or make any distribution of cash, property or assets to the holders of shares of any Equity Interests of any Credit Party or any Subsidiary thereof
(all of the foregoing, the “Restricted Payments”) provided that: 
 (a) so long as no Default or
Event of Default has occurred and is continuing or would result therefrom, the Borrower or any of its Subsidiaries may pay dividends in shares of its own Qualified Equity Interests; 

(b) any Subsidiary of the Borrower may pay cash dividends to the Borrower or any Subsidiary Guarantor (and, if applicable, to
other holders of its outstanding Qualified Equity Interests on a pro rata basis); 
 (c) (i) any Non-Guarantor
Subsidiary that is a Domestic Subsidiary may make Restricted Payments to any other Non-Guarantor Subsidiary that is a Domestic Subsidiary (and, if applicable, to other holders of its outstanding Equity Interests on a ratable basis) and (ii) any
Non-Guarantor Subsidiary that is a Foreign Subsidiary may make Restricted Payments to any other Non-Guarantor Subsidiary (and, if applicable, to other holders of its outstanding Equity Interests on a ratable basis); and 

(d) the Borrower may declare and make Restricted Payments not otherwise permitted pursuant to this Section in an aggregate
amount not to exceed $50,000,000 in any Fiscal Year; provided that, immediately before and immediately after the making of any such Restricted Payment, (i) no Default or Event of Default shall have occurred and be continuing,
(ii) the Consolidated Secured Net Leverage Ratio shall not be greater than 0.25 less than the Consolidated Secured Net Leverage Ratio permitted under Section 9.14(a), (iii) the Borrower shall be in compliance with the other
financial covenants set forth in Section 9.14, in each case on a Pro Forma Basis (based on the financial statements for the most recent fiscal quarter end for which financial statements have been provided) immediately after giving effect
to the making of any such Restricted Payment and (iv) the Borrower and its Subsidiaries have Liquidity of not less than $50,000,000; and 

(e) the Borrower may declare and make Restricted Payments not otherwise permitted pursuant to this Section; provided
that, immediately before and immediately after the making of any such Restricted Payment, (i) no Default or Event of Default shall have occurred and be continuing and (ii) the Borrower shall be in compliance on a Pro Forma Basis (based on
the financial statements for the most recent fiscal quarter end for which financial statements have been provided) with a Consolidated Total Leverage Ratio of not greater than 2.75 to 1.00. 

SECTION 9.7 Transactions with Affiliates. Directly or indirectly enter into any transaction, including, without limitation, any
purchase, sale, lease or exchange of Property, the rendering of any service or the payment of any management, advisory or similar fees, with (a) any officer, director, holder of any Equity Interests in, or other Affiliate of the Borrower or any
of its Subsidiaries or (b) any Affiliate of any such officer, director or holder, other than: 
 (i) transactions
permitted by Sections 9.1, 9.3, 9.4, 9.5, 9.6 and 9.13; 

  
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 (ii) transactions existing on the Closing Date and described on Schedule
9.7; 
 (iii) transactions among Credit Parties; 

(iv) other transactions in the ordinary course of business on terms as favorable as would be obtained by it on a comparable
arm’s-length transaction with an independent, unrelated third party as determined in good faith by the board of directors (or equivalent governing body) of the Borrower; 

(v) employment and severance arrangements (including equity incentive plans and employee benefit plans and arrangements) with
their respective officers and employees in the ordinary course of business; and 
 (vi) payment of customary fees and
reasonable out of pocket costs to, and indemnities for the benefit of, directors, officers and employees of the Borrower and its Subsidiaries in the ordinary course of business to the extent attributable to the ownership or operation of the Borrower
and its Subsidiaries. 
 SECTION 9.8 Accounting Changes; Organizational Documents. 

(a) Change its Fiscal Year end, or make (without the consent of the Administrative Agent) any material change in its accounting
treatment and reporting practices except as required by GAAP. 
 (b) Amend, modify or change its articles of incorporation
(or corporate charter or other similar organizational documents) or amend, modify or change its bylaws (or other similar documents) in any manner materially adverse to the rights or interests of the Lenders. 

SECTION 9.9 Payments and Modifications of Subordinated Indebtedness. 

(a) Amend, modify, waive or supplement (or permit the modification, amendment, waiver or supplement of) any of the terms or
provisions of any Subordinated Indebtedness in any respect which would materially and adversely affect the rights or interests of the Administrative Agent and Lenders hereunder. 

(b) Cancel, forgive, make any payment or prepayment on, or redeem or acquire for value (including, without limitation,
(x) by way of depositing with any trustee with respect thereto money or securities before due for the purpose of paying when due and (y) at the maturity thereof) any Subordinated Indebtedness, except: 

(i) refinancings, refundings, renewals, extensions or exchange of any Subordinated Indebtedness permitted by
Section 9.1(c), (g)(ii), (i), (l) or (m), and by any subordination provisions applicable thereto; 

(ii) payments and prepayments of any Subordinated Indebtedness made solely with the proceeds of Qualified Equity Interests; and

 (iii) the payment of interest, expenses and indemnities in respect of Subordinated Indebtedness incurred under
Section 9.1(c), (g)(ii), (i), (l) or (m) (other than any such payments prohibited by any subordination provisions applicable thereto). 

  
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 SECTION 9.10 No Further Negative Pledges; Restrictive Agreements. 

(a) Enter into, assume or be subject to any agreement prohibiting or otherwise restricting the creation or assumption of any
Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except (i) pursuant to this Agreement and the other Loan
Documents, (ii) pursuant to any document or instrument governing Indebtedness incurred pursuant to Section 9.1(d) (provided that any such restriction contained therein relates only to the asset or assets financed thereby),
(iii) customary restrictions contained in the organizational documents of any Non-Guarantor Subsidiary as of the Closing Date and (iv) customary restrictions in connection with any Permitted Lien or any document or instrument governing any
Permitted Lien (provided that any such restriction contained therein relates only to the asset or assets subject to such Permitted Lien). 

(b) Create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction on the ability
of any Credit Party or any Subsidiary thereof to (i) pay dividends or make any other distributions to any Credit Party or any Subsidiary on its Equity Interests or with respect to any other interest or participation in, or measured by, its
profits, (ii) pay any Indebtedness or other obligation owed to any Credit Party or (iii) make loans or advances to any Credit Party, except in each case for such encumbrances or restrictions existing under or by reason of (A) this
Agreement and the other Loan Documents and (B) Applicable Law. 
 (c) Create or otherwise cause or suffer to exist or
become effective any consensual encumbrance or restriction on the ability of any Credit Party or any Subsidiary thereof to (i) sell, lease or transfer any of its properties or assets to any Credit Party or (ii) act as a Credit Party
pursuant to the Loan Documents or any renewals, refinancings, exchanges, refundings or extension thereof, except in each case for such encumbrances or restrictions existing under or by reason of (A) this Agreement and the other Loan Documents,
(B) Applicable Law, (C) any document or instrument governing Indebtedness incurred pursuant to Section 9.1(d) (provided that any such restriction contained therein relates only to the asset or assets acquired in
connection therewith), (D) any Permitted Lien or any document or instrument governing any Permitted Lien (provided that any such restriction contained therein relates only to the asset or assets subject to such Permitted Lien),
(E) obligations that are binding on a Subsidiary at the time such Subsidiary first becomes a Subsidiary of the Borrower, so long as such obligations are not entered into in contemplation of such Person becoming a Subsidiary, (F) customary
restrictions contained in an agreement related to the sale of Property (to the extent such sale is permitted pursuant to Section 9.5) that limit the transfer of such Property pending the consummation of such sale, (G) customary
restrictions in leases, subleases, licenses and sublicenses or asset sale agreements otherwise permitted by this Agreement so long as such restrictions relate only to the assets subject thereto and (H) customary provisions restricting
assignment of any agreement entered into in the ordinary course of business. 
 SECTION 9.11 Nature of Business. Engage in any
business other than the business conducted by the Borrower and its Subsidiaries as of the Closing Date and business activities reasonably related or ancillary thereto or that are reasonable extensions thereof. 

SECTION 9.12 Amendments of Other Documents. Amend, modify, waive or supplement (or permit modification, amendment, waiver or supplement
of) any of the terms or provisions of the New World Systems Acquisition Agreement in any respect which would materially and adversely affect the rights or interests of the Administrative Agent and the Lenders hereunder, in each case, without the
prior written consent of the Administrative Agent. 

  
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 SECTION 9.13 Sale Leasebacks. Directly or indirectly become or remain liable as lessee or
as guarantor or other surety with respect to any lease, whether an operating lease or a capital lease, of any Property (whether real, personal or mixed), whether now owned or hereafter acquired, (a) which any Credit Party or any Subsidiary
thereof has sold or transferred or is to sell or transfer to a Person which is not another Credit Party or Subsidiary of a Credit Party or (b) which any Credit Party or any Subsidiary of a Credit Party intends to use for substantially the same
purpose as any other Property that has been sold or is to be sold or transferred by such Credit Party or such Subsidiary to another Person which is not another Credit Party or Subsidiary of a Credit Party in connection with such lease. 

SECTION 9.14 Financial Covenants. 

(a) Consolidated Secured Net Leverage Ratio. As of the last day of any fiscal quarter, permit the Consolidated Secured
Net Leverage Ratio to be greater than 3.50 to 1.00; provided that upon the consummation of any Material Permitted Acquisition, the Borrower may, at its election (in connection with such Permitted Acquisition and by not less than five
(5) Business Days’ written notice to the Administrative Agent prior to delivery of financial statements pursuant to Section 8.1(a) or (b) for the fiscal quarter ended immediately after the consummation of such
Permitted Acquisition), increase the required Consolidated Secured Net Leverage Ratio pursuant to this Section to 4.00 to 1.00 solely for each fiscal quarter ending during the twelve (12) month period immediately following such Permitted
Acquisition (such period a “Step-Up Period”); provided further that following the end of any Step-Up Period, there shall be a period of not less than two (2) consecutive fiscal quarters prior to the beginning of
any new Step-Up Period. 
 (b) Consolidated Interest Coverage Ratio. As of the last day of any fiscal quarter, permit
the Consolidated Interest Coverage Ratio to be less than 3.00 to 1.00. 
 (c) Consolidated Total Leverage Ratio. As of
the last day of any fiscal quarter ending on or after a Qualified Issuance, permit the Consolidated Total Leverage Ratio to be less than 4.50 to 1.00. 

SECTION 9.15 Disposal of Subsidiary Interests. Permit any Domestic Subsidiary to be a non-Wholly-Owned Subsidiary except as a result of
or in connection with a dissolution, merger, amalgamation, consolidation or disposition permitted by Section 9.4 or 9.5. 

ARTICLE X 
 DEFAULT AND REMEDIES

 SECTION 10.1 Events of Default. Each of the following shall constitute an Event of Default: 

(a) Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower shall default in any payment of
principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise). 

(b) Other Payment Default. The Borrower shall default in the payment when and as due (whether at maturity, by reason of
acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days. 

(c) Misrepresentation. Any representation, warranty, certification or statement of fact made or deemed made by or on
behalf of any Credit Party or any Subsidiary thereof in this Agreement, in 

  
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any other Loan Document, or in any document delivered in connection herewith or therewith that is subject to materiality or Material Adverse Effect qualifications, shall be incorrect or
misleading in any respect when made or deemed made or any representation, warranty, certification or statement of fact made or deemed made by or on behalf of any Credit Party or any Subsidiary thereof in this Agreement, any other Loan Document, or
in any document delivered in connection herewith or therewith that is not subject to materiality or Material Adverse Effect qualifications, shall be incorrect or misleading in any material respect when made or deemed made. 

(d) Default in Performance of Certain Covenants. Any Credit Party or any Subsidiary thereof shall default in the
performance or observance of any covenant or agreement contained in Sections 8.1, 8.2, 8.3, 8.4, 8.12, 8.13, 8.14, 8.15, 8.18 or Article IX. 

(e) Default in Performance of Other Covenants and Conditions. Any Credit Party or any Subsidiary thereof shall default
in the performance or observance of any term, covenant, condition or agreement contained in this Agreement (other than as specifically provided for in this Section) or any other Loan Document and such default shall continue for a period of
thirty (30) days after the earlier of (i) the Administrative Agent’s delivery of written notice thereof to the Borrower and (ii) a Responsible Officer of any Credit Party having obtained knowledge thereof. 

(f) Indebtedness Cross-Default. Any Credit Party or any Subsidiary thereof shall (i) default in the payment of any
Indebtedness (other than the Loans or any Reimbursement Obligation) the aggregate principal amount (including undrawn committed or available amounts), or with respect to any Hedge Agreement, the Hedge Termination Value, of which is in excess of the
Threshold Amount beyond the period of grace if any, provided in the instrument or agreement under which such Indebtedness was created, or (ii) default in the observance or performance of any other agreement or condition relating to any
Indebtedness (other than the Loans or any Reimbursement Obligation) the aggregate principal amount (including undrawn committed or available amounts), or with respect to any Hedge Agreement, the Hedge Termination Value, of which is in excess of the
Threshold Amount or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or
holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice and/or lapse of time, if required, any such Indebtedness to become due or be required to be prepaid, repurchased or
redeemed, in each case prior to its stated maturity (any applicable grace period having expired). 
 (g) Change in
Control. Any Change in Control shall occur. 
 (h) Voluntary Bankruptcy Proceeding. Any Credit Party or any
Subsidiary thereof shall (i) commence a voluntary case under any Debtor Relief Laws, (ii) file a petition seeking to take advantage of any Debtor Relief Laws, (iii) consent to or fail to contest in a timely and appropriate manner any
petition filed against it in an involuntary case under any Debtor Relief Laws, (iv) apply for or consent to, or fail to contest in a timely and appropriate manner, the appointment of, or the taking of possession by, a receiver, custodian,
trustee, or liquidator of itself or of a substantial part of its property, domestic or foreign, (v) admit in writing its inability to pay its debts as they become due, (vi) make a general assignment for the benefit of creditors, or
(vii) take any corporate action for the purpose of authorizing any of the foregoing. 
 (i) Involuntary Bankruptcy
Proceeding. A case or other proceeding shall be commenced against any Credit Party or any Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee,
receiver, custodian, liquidator or the like for any Credit Party or any Subsidiary thereof or for all or any substantial part of 

  
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their respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the
relief requested in such case or proceeding (including, but not limited to, an order for relief under such federal bankruptcy laws) shall be entered. 

(j) Failure of Agreements. Any provision of this Agreement or any provision of any other Loan Document shall for any
reason cease to be valid and binding on any Credit Party or any Subsidiary thereof party thereto or any such Person shall so state in writing, or any Loan Document shall for any reason cease to create a valid and perfected first priority Lien
(subject to Permitted Liens) on, or security interest in, any of the Collateral purported to be covered thereby, in each case other than in accordance with the express terms hereof or thereof. 

(k) ERISA Events. The occurrence of any of the following events: (i) any Credit Party or any ERISA Affiliate fails
to make full payment when due of all amounts which, under the provisions of any Pension Plan or Sections 412 or 430 of the Code, any Credit Party or any ERISA Affiliate is required to pay as contributions thereto and such unpaid amounts are in
excess of the Threshold Amount, (ii) a Termination Event or (iii) any Credit Party or any ERISA Affiliate as employers under one or more Multiemployer Plans makes a complete or partial withdrawal from any such Multiemployer Plan and the
plan sponsor of such Multiemployer Plans notifies such withdrawing employer that such employer has incurred a withdrawal liability requiring payments in an amount exceeding the Threshold Amount. 

(l) Judgment. One or more judgments, orders or decrees shall be entered against any Credit Party or any Subsidiary
thereof by any court and continues without having been discharged, vacated or stayed for a period of thirty (30) consecutive days after the entry thereof and such judgments, orders or decrees are either (i) for the payment of money,
individually or in the aggregate (not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage), equal to or in excess of the Threshold Amount or (ii) for injunctive relief and could reasonably be
expected, individually or in the aggregate, to have a Material Adverse Effect. 
 SECTION 10.2 Remedies. Upon the occurrence and
during the continuance of an Event of Default, with the consent of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower: 

(a) Acceleration; Termination of Credit Facility. Terminate the Revolving Credit Commitment and declare the principal of
and interest on the Loans and the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents (including, without limitation,
all L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented or shall be entitled to present the documents required thereunder) and all other Obligations, to be forthwith due and payable,
whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived by each Credit Party, anything in this Agreement or the other Loan Documents to the
contrary notwithstanding, and terminate the Credit Facility and any right of the Borrower to request borrowings or Letters of Credit thereunder; provided, that upon the occurrence of an Event of Default specified in Section 10.1(h) or
(i), the Credit Facility shall be automatically terminated and all Obligations shall automatically become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived by each Credit
Party, anything in this Agreement or in any other Loan Document to the contrary notwithstanding. 

  
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 (b) Letters of Credit. With respect to all Letters of Credit with respect
to which presentment for honor shall not have occurred at the time of an acceleration pursuant to the preceding paragraph, demand that the Borrower deposit in a Cash Collateral account opened by the Administrative Agent an amount equal to the
aggregate then undrawn and unexpired amount of such Letters of Credit. Amounts held in such Cash Collateral account shall be applied by the Administrative Agent to the payment of drafts drawn under such Letters of Credit, and the unused portion
thereof after all such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to repay the other Secured Obligations in accordance with Section 10.3. After all such Letters of Credit shall have expired or
been fully drawn upon, the Reimbursement Obligation shall have been satisfied and all other Secured Obligations shall have been paid in full, the balance, if any, in such Cash Collateral account shall be returned to the Borrower. 

(c) General Remedies. Exercise on behalf of the Secured Parties all of its other rights and remedies under this
Agreement, the other Loan Documents and Applicable Law, in order to satisfy all of the Secured Obligations. 
 SECTION 10.3 Rights and
Remedies Cumulative; Non-Waiver; etc. 
 (a) The enumeration of the rights and remedies of the Administrative Agent and
the Lenders set forth in this Agreement is not intended to be exhaustive and the exercise by the Administrative Agent and the Lenders of any right or remedy shall not preclude the exercise of any other rights or remedies, all of which shall be
cumulative, and shall be in addition to any other right or remedy given hereunder or under the other Loan Documents or that may now or hereafter exist at law or in equity or by suit or otherwise. No delay or failure to take action on the part of the
Administrative Agent or any Lender in exercising any right, power or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the
exercise of any other right, power or privilege or shall be construed to be a waiver of any Event of Default. No course of dealing between the Borrower, the Administrative Agent and the Lenders or their respective agents or employees shall be
effective to change, modify or discharge any provision of this Agreement or any of the other Loan Documents or to constitute a waiver of any Event of Default. 

(b) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to enforce rights
and remedies hereunder and under the other Loan Documents against the Credit Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained
exclusively by, the Administrative Agent in accordance with Section 10.2 for the benefit of all the Lenders and the Issuing Lender; provided that the foregoing shall not prohibit (a) the Administrative Agent from exercising
on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the Issuing Lender or the Swingline Lender from exercising the rights and
remedies that inure to its benefit (solely in its capacity as an Issuing Lender or Swingline Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in accordance with
Section 12.4 (subject to the terms of Section 5.6), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Credit Party under
any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights otherwise
ascribed to the Administrative Agent pursuant to Section 10.2 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 5.6, any Lender may, with
the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 

  
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 SECTION 10.4 Crediting of Payments and Proceeds. In the event that the Obligations have
been accelerated pursuant to Section 10.2 or the Administrative Agent or any Lender has exercised any remedy set forth in this Agreement or any other Loan Document, all payments received on account of the Secured Obligations and all net
proceeds from the enforcement of the Secured Obligations shall be applied by the Administrative Agent as follows: 
 First, to
payment of that portion of the Secured Obligations constituting fees, indemnities, expenses and other amounts, including attorney fees, payable to the Administrative Agent in its capacity as such, the Issuing Lender in their capacity as such and the
Swingline Lender in its capacity as such, ratably among the Administrative Agent, the Issuing Lender and Swingline Lender in proportion to the respective amounts described in this clause First payable to them; 

Second, to payment of that portion of the Secured Obligations constituting fees, indemnities and other amounts (other than principal
and interest) payable to the Lenders under the Loan Documents, including attorney fees, ratably among the Lenders in proportion to the respective amounts described in this clause Second payable to them; 

Third, to payment of that portion of the Secured Obligations constituting accrued and unpaid interest on the Loans and Reimbursement
Obligations, ratably among the Lenders in proportion to the respective amounts described in this clause Third payable to them; 

Fourth, to payment of that portion of the Secured Obligations constituting unpaid principal of the Loans, Reimbursement Obligations and
payment obligations then owing under Secured Hedge Agreements and Secured Cash Management Agreements, ratably among the Lenders, the Issuing Lender, the Hedge Banks and the Cash Management Banks in proportion to the respective amounts described in
this clause Fourth payable to them; 
 Fifth, to the Administrative Agent for the account of the Issuing Lender, to Cash
Collateralize any L/C Obligations then outstanding; and 
 Last, the balance, if any, after all of the Secured Obligations have been
indefeasibly paid in full, to the Borrower or as otherwise required by Applicable Law. 
 Notwithstanding the foregoing, Secured Obligations
arising under Secured Cash Management Agreements and Secured Hedge Agreements shall be excluded from the application described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as
the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. Each Cash Management Bank or Hedge Bank not a party to this Agreement that has given the notice contemplated by the preceding sentence
shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article XI for itself and its Affiliates as if a “Lender” party hereto. 

SECTION 10.5 Administrative Agent May File Proofs of Claim. In case of the pendency of any proceeding under any Debtor Relief Law or
any other judicial proceeding relative to any Credit Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and
irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise: 

(a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C
Obligations and all other Secured Obligations that are owing and 

  
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unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the Issuing Lender and the Administrative Agent (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Lenders, the Issuing Lender and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the Issuing Lender and the Administrative
Agent under Sections 3.3, 5.3 and 12.3) allowed in such judicial proceeding; and 
 (b) to collect and
receive any monies or other property payable or deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee,
trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and each Issuing Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent
shall consent to the making of such payments directly to the Lenders and the Issuing Lender, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its
agents and counsel, and any other amounts due the Administrative Agent under Sections 3.3, 5.3 and 12.3. 

SECTION 10.6 Credit Bidding. 

(a) The Administrative Agent, on behalf of itself and the Secured Parties, shall have the right to credit bid and purchase for
the benefit of the Administrative Agent and the Secured Parties all or any portion of Collateral at any sale thereof conducted by the Administrative Agent under the provisions of the UCC, including pursuant to Sections 9-610 or 9-620 of the UCC, at
any sale thereof conducted under the provisions of the United States Bankruptcy Code, including Section 363 thereof, or a sale under a plan of reorganization, or at any other sale or foreclosure conducted by the Administrative Agent (whether by
judicial action or otherwise) in accordance with Applicable Law. Such credit bid or purchase may be completed through one or more acquisition vehicles formed by the Administrative Agent to make such credit bid or purchase and, in connection
therewith, the Administrative Agent is authorized, on behalf of itself and the other Secured Parties, to adopt documents providing for the governance of the acquisition vehicle or vehicles, and assign the applicable Secured Obligations to any such
acquisition vehicle in exchange for Equity Interests and/or debt issued by the applicable acquisition vehicle (which shall be deemed to be held for the ratable account of the applicable Secured Parties on the basis of the Secured Obligations so
assigned by each Secured Party). 
 (b) Each Lender hereby agrees, on behalf of itself and each of its Affiliates that is a
Secured Party, that, except as otherwise provided in any Loan Document or with the written consent of the Administrative Agent and the Required Lenders, it will not take any enforcement action, accelerate obligations under any of the Loan Documents,
or exercise any right that it might otherwise have under Applicable Law to credit bid at foreclosure sales, UCC sales or other similar dispositions of Collateral. 

ARTICLE XI 
 THE ADMINISTRATIVE
AGENT 
 SECTION 11.1 Appointment and Authority. 

(a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints Wells Fargo to act on its behalf as the
Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as 

  
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are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for
the benefit of the Administrative Agent, the Lenders and the Issuing Lender, and neither the Borrower nor any Subsidiary thereof shall have rights as a third-party beneficiary of any of such provisions. It is understood and agreed that the use of
the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine
of any Applicable Law. Instead such term is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties. 

(b) The Administrative Agent shall also act as the “collateral agent” under the Loan Documents, and each of
the Lenders (including in its capacity as a potential Hedge Bank or Cash Management Bank) and the Issuing Lender hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of such Lender and such Issuing Lender for
purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Credit Parties to secure any of the Secured Obligations, together with such powers and discretion as are reasonably incidental thereto (including,
without limitation, to enter into additional Loan Documents or supplements to existing Loan Documents on behalf of the Secured Parties). In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and
attorneys-in-fact appointed by the Administrative Agent pursuant to this Article XI for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any rights
and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of Articles XI and XII (including Section 12.3, as though such co-agents, sub-agents and
attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect thereto. 

SECTION 11.2 Rights as a Lender. The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its
capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory
capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 

SECTION 11.3 Exculpatory Provisions. 

(a) The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other
Loan Documents, and its duties hereunder and thereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent: 

(i) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has
occurred and is continuing; 
 (ii) shall not have any duty to take any discretionary action or exercise any discretionary
powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of
the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel,

  
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may expose the Administrative Agent to liability or that is contrary to any Loan Document or Applicable Law, including for the avoidance of doubt any action that may be in violation of the
automatic stay under any Debtor Relief Law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 

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

 (b) The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at
the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in
Section 12.2 and Section 10.2) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final nonappealable judgment. The Administrative Agent shall
be deemed not to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Lender. 

(c) The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement,
warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith,
(iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or
genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, (v) the satisfaction of any condition set forth in Article VI or elsewhere herein, other than to confirm receipt of items expressly
required to be delivered to the Administrative Agent or (vi) the utilization of the Issuing Lender’s L/C Commitment (it being understood and agreed that the Issuing Lender shall monitor compliance with its L/C Commitment without any
further action by the Administrative Agent). 
 SECTION 11.4 Reliance by the Administrative Agent. The Administrative Agent shall be
entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other
distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by its
terms must be fulfilled to the satisfaction of a Lender or an Issuing Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender or such Issuing Lender unless the Administrative Agent shall have received notice
to the contrary from such Lender or such Issuing Lender prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants
and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

SECTION 11.5 Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its rights and powers
hereunder or under any other Loan Document by or through 

  
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any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or
through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in
connection with the syndication of the Credit Facility as well as activities as Administrative Agent. The Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent
jurisdiction determines in a final and nonappealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents. 

SECTION 11.6 Resignation of Administrative Agent. 

(a) The Administrative Agent may at any time give notice of its resignation to the Lenders, the Issuing Lender and the
Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower and subject to the consent of the Borrower (provided no Event of Default has occurred and is continuing at the
time of such resignation), to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required
Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective
Date”), then the retiring Administrative Agent may (but shall not be obligated to), on behalf of the Lenders and the Issuing Lender, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that
in no event shall any such successor Administrative Agent be a Defaulting Lender. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b) If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof,
the Required Lenders may, to the extent permitted by Applicable Law, by notice in writing to the Borrower and such Person, remove such Person as Administrative Agent and, in consultation with the Borrower, appoint a successor. If no such successor
shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall
nonetheless become effective in accordance with such notice on the Removal Effective Date. 
 (c) With effect from the
Resignation Effective Date or the Removal Effective Date (as applicable), (i) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case
of any collateral security held by the Administrative Agent on behalf of the Lenders or the Issuing Lender under any of the Loan Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such time
as a successor Administrative Agent is appointed) and (ii) except for any indemnity payments owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the
Administrative Agent shall instead be made by or to each Lender and each Issuing Lender directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a
successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed Administrative Agent (other than any rights to
indemnity payments owed to the retiring or removed Administrative Agent), and the retiring or removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents. The fees payable

  
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by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or
removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Section 12.3 shall continue in effect for the benefit of such retiring or removed Administrative
Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Administrative Agent was acting as Administrative Agent. 

(d) Any resignation by, or removal of, Wells Fargo as Administrative Agent pursuant to this Section shall also constitute its
resignation as an Issuing Lender and Swingline Lender. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and
duties of the retiring Issuing Lender, if in its sole discretion it elects to, and Swingline Lender, (b) the retiring Issuing Lender and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under
the other Loan Documents, and (c) the successor Issuing Lender, if in its sole discretion it elects to, shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other
arrangement satisfactory to the retiring Issuing Lender to effectively assume the obligations of the retiring Issuing Lender with respect to such Letters of Credit. 

SECTION 11.7 Non-Reliance on Administrative Agent and Other Lenders. Each Lender and each Issuing Lender acknowledges that it has,
independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into
this Agreement. Each Lender and each Issuing Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as
it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder.

 SECTION 11.8 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the syndication agents, documentation
agents, co-agents, arrangers or bookrunners listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative
Agent, a Lender or an Issuing Lender hereunder. 
 SECTION 11.9 Collateral and Guaranty Matters. 

(a) Each of the Lenders (including in its or any of its Affiliate’s capacities as a potential Hedge Bank or Cash
Management Bank) irrevocably authorize the Administrative Agent, at its option and in its discretion: 
 (i) to release any
Lien on any Collateral granted to or held by the Administrative Agent, for the ratable benefit of the Secured Parties, under any Loan Document (A) upon the termination of the Revolving Credit Commitment and payment in full of all Secured
Obligations (other than (1) contingent indemnification obligations and (2) obligations and liabilities under Secured Cash Management Agreements or Secured Hedge Agreements as to which arrangements satisfactory to the applicable Cash
Management Bank or Hedge Bank shall have been made) and the expiration or termination of all Letters of Credit, (B) that is sold or otherwise disposed of or to be sold or otherwise disposed of as part of or in connection with any sale or other
disposition permitted under the Loan Documents, or (C) if approved, authorized or ratified in writing in accordance with Section 12.2; 

  
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 (ii) to subordinate any Lien on any Collateral granted to or held by the
Administrative Agent under any Loan Document to the holder of any Lien permitted pursuant to Section 9.2(h); and 

(iii) to release any Subsidiary Guarantor from its obligations under any Loan Documents if such Person (A) ceases to be a
Subsidiary as a result of a transaction permitted under the Loan Documents or (B) is designated as, and qualifies to become, an Immaterial Subsidiary. 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or
subordinate its interest in particular types or items of property, or to release any Subsidiary Guarantor from its obligations under the Guaranty Agreement pursuant to this Section 11.9. In each case as specified in this
Section 11.9, the Administrative Agent will, at the Borrower’s expense, execute and deliver to the applicable Credit Party such documents as such Credit Party may reasonably request to evidence the release of such item of Collateral
from the assignment and security interest granted under the Security Documents or to subordinate its interest in such item, or to release such Subsidiary Guarantor from its obligations under the Guaranty Agreement, in each case in accordance with
the terms of the Loan Documents and this Section 11.9. In the case of any such sale, transfer or disposal of any property constituting Collateral in a transaction constituting an Asset Disposition permitted pursuant to
Section 9.5, the Liens created by any of the Security Documents on such property shall be automatically released without need for further action by any person. 

(b) The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or
warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall
the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 

SECTION 11.10 Secured Hedge Agreements and Secured Cash Management Agreements. No Cash Management Bank or Hedge Bank that obtains the
benefits of Section 10.4 or any Collateral by virtue of the provisions hereof or of any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan
Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any
other provision of this Article XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Cash Management Agreements and
Secured Hedge Agreements unless the Administrative Agent has received written notice of such Secured Cash Management Agreements and Secured Hedge Agreements, together with such supporting documentation as the Administrative Agent may request, from
the applicable Cash Management Bank or Hedge Bank, as the case may be. 

  
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 ARTICLE XII 

MISCELLANEOUS 
 SECTION 12.1
Notices. 
 (a) Notices Generally. Except in the case of notices and other communications expressly permitted
to be given by telephone (and except as provided in paragraph (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or
registered mail or sent by facsimile as follows: 
 If to the Borrower: 

Tyler Technologies, Inc. 

5101 Tennyson Parkway 

Plano, Texas 75024 

Attention of: Brian Miller, Executive Vice President & 

Chief Financial Officer 

Telephone No.: (972) 713-3720 

Facsimile No.: (972) 713-3741 

E-mail: brian.miller@tyertech.com 

With copies to: 

Attention of: H. Lynn Moore, Jr., General Counsel 

Telephone No.: (972) 713-3770 

E-mail: lynn.moore@tylertech.com 

And to: 

K&L Gates LLP 

1717 Main Street, Suite 2800 

Dallas, Texas 75201 

Attention of: Laurie G. Lang 

Telephone No.: (214) 939-4945 

E-mail: Laurie.Lang@klgates.com 

If to Wells Fargo as 

Administrative 

Agent: 

Wells Fargo Bank, National Association 

2450 Colorado Avenue 

Suite 3000W 

Santa Monica, California 90404 

Attn: Tyler Technologies Relationship Manager 

Phone: (310) 453-7221 

Facsimile: (866) 571-8283 

E-mail: reid.landers@wellsfargo.com 

If to any Lender: 

To the address set forth on the Register 

  
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 Notices sent by hand or overnight courier service, or mailed by certified or registered mail,
shall be deemed to have been given when received; notices sent by facsimile shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of
business on the next business day for the recipient). Notices delivered through electronic communications to the extent provided in paragraph (b) below, shall be effective as provided in said paragraph (b). 

(b) Electronic Communications. Notices and other communications to the Lenders and the Issuing Lender hereunder may be
delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the foregoing shall not apply to notices to any Lender or the
Issuing Lender pursuant to Article II if such Lender or such Issuing Lender, as applicable, has notified the Administrative Agent that is incapable of receiving notices under such Article by electronic communication. The Administrative Agent
or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to
particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the
intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), and (ii) notices or communications posted to an Internet or intranet website shall be deemed
received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor;
provided that, for both clauses (i) and (ii) above, if such notice, email or other communication is not sent during the normal business hours of the recipient, such notice, email or other communication shall be deemed to have been
sent at the opening of business on the next business day for the recipient. 
 (c) Administrative Agent’s Office.
The Administrative Agent hereby designates its office located at the address set forth above, or any subsequent office which shall have been specified for such purpose by written notice to the Borrower and Lenders, as the Administrative Agent’s
Office referred to herein, to which payments due are to be made and at which Loans will be disbursed and Letters of Credit requested. 

(d) Change of Address, Etc. Any party hereto may change its address or facsimile number for notices and other
communications hereunder by notice to the other parties hereto. 
 (e) Platform. 

(i) Each Credit Party agrees that the Administrative Agent may, but shall not be obligated to, make the Borrower Materials
available to the Issuing Lender and the other Lenders by posting the Borrower Materials on the Platform. 
 (ii) The Platform
is provided “as is” and “as available.” The Agent Parties (as defined below) do not warrant the accuracy or completeness of the Borrower Materials or the adequacy of the Platform, and expressly disclaim liability for errors or
omissions in the Borrower Materials. No warranty of any kind, express, implied or statutory, including, without limitation, any warranty of merchantability, fitness for a particular purpose, non-infringement of third-party rights or freedom from
viruses or other code defects, is made by any Agent Party in connection with the Borrower Materials or the Platform. In no event shall the Administrative Agent or any 

  
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of its Related Parties (collectively, the “Agent Parties”) have any liability to any Credit Party, any Lender or any other Person or entity for losses, claims, damages,
liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Credit Party’s or the Administrative Agent’s transmission of communications through the Internet (including, without limitation, the Platform),
except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Agent
Party; provided that in no event shall any Agent Party have any liability to any Credit Party, any Lender, the Issuing Lender or any other Person for indirect, special, incidental, consequential or punitive damages, losses or expenses (as
opposed to actual damages, losses or expenses). 
 (f) Private Side Designation. Each Public Lender agrees to cause at
least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its
delegate, in accordance with such Public Lender’s compliance procedures and Applicable Law, including United States Federal and state securities Applicable Laws, to make reference to Borrower Materials that are not made available through the
“Public Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state securities Applicable Laws. 

SECTION 12.2 Amendments, Waivers and Consents. Except as set forth below or as specifically provided in any Loan Document, any term,
covenant, agreement or condition of this Agreement or any of the other Loan Documents may be amended or waived by the Lenders, and any consent given by the Lenders, if, but only if, such amendment, waiver or consent is in writing signed by the
Required Lenders (or by the Administrative Agent with the consent of the Required Lenders) and delivered to the Administrative Agent and, in the case of an amendment, signed by the Borrower; provided, that no amendment, waiver or consent
shall: 
 (a) increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to
Section 10.2) or the amount of Loans of any Lender, in any case, without the written consent of such Lender; 

(b) waive, extend or postpone any date fixed by this Agreement or any other Loan Document for any payment of principal,
interest, fees or other amounts due to the Lenders (or any of them) hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby; 

(c) reduce the principal of, or the rate of interest specified herein on, any Loan or Reimbursement Obligation, or (subject to
clause (iv) of the proviso set forth in the paragraph below) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby; provided that
only the consent of the Required Lenders shall be necessary (i) to waive any obligation of the Borrower to pay interest at the rate set forth in Section 5.1(b) during the continuance of an Event of Default or (ii) to amend any
financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or L/C Obligation or to reduce any fee payable hereunder; 

(d) change Section 5.6 or Section 10.4 in a manner that would alter the pro rata sharing
of payments or order of application required thereby without the written consent of each Lender directly and adversely affected thereby; 

  
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 (e) consent to the assignment or transfer by any Credit Party of such Credit
Party’s rights and obligations under any Loan Document to which it is a party (except as permitted pursuant to Section 9.4), in each case, without the written consent of each Lender; 

(f) all of the Subsidiary Guarantors or (iii) Subsidiary Guarantors comprising substantially all of the credit support for
the Secured Obligations, in any case, from the Guaranty Agreement (other than as authorized in Section 11.9), without the written consent of each Lender; 

(g) release all or substantially all of the Collateral or release any Security Document (other than as authorized in
Section 11.9 or as otherwise specifically permitted or contemplated in this Agreement or the applicable Security Document) without the written consent of each Lender; or 

(h) except as otherwise permitted by this Section 12.2, change any provision of this Section or reduce the
percentages specified in the definitions of “Required Lenders,” or “Required Revolving Credit Lenders” or any other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any
rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender directly affected thereby; 

provided further, that (i) no amendment, waiver or consent shall, unless in writing and signed by each affected Issuing Lender in addition
to the Lenders required above, affect the rights or duties of such Issuing Lender under this Agreement or any Letter of Credit Application relating to any Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or consent
shall, unless in writing and signed by the Swingline Lender in addition to the Lenders required above, affect the rights or duties of the Swingline Lender under this Agreement; (iii) no amendment, waiver or consent shall, unless in writing and
signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document; (iv) the Fee Letter may be amended, or rights or privileges
thereunder waived, in a writing executed only by the parties thereto, (v) each Letter of Credit Application may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto; provided that a
copy of such amended Letter of Credit Application shall be promptly delivered to the Administrative Agent upon such amendment or waiver, (vi) any waiver, amendment or modification of this Agreement that by its terms affects the rights or duties
under this Agreement of Lenders holding Loans or Commitments of a particular Class (but not the Lenders holding Loans or Commitments of any other Class) may be effected by an agreement or agreements in writing entered into by the Borrower and the
requisite percentage in interest of the affected Class of Lenders that would be required to consent thereto under this Section if such Class of Lenders were the only Class of Lenders hereunder at the time, and (vii) the Administrative Agent and
the Borrower shall be permitted to amend any provision of the Loan Documents (and such amendment shall become effective without any further action or consent of any other party to any Loan Document) if the Administrative Agent and the Borrower shall
have jointly identified an obvious error or any error or omission of a technical or immaterial nature in any such provision. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any
amendment, waiver or consent hereunder, except that the Revolving Credit Commitment of such Lender may not be increased or extended without the consent of such Lender. 

Notwithstanding anything in this Agreement to the contrary, each Lender hereby irrevocably authorizes the Administrative Agent on its behalf, and without
further consent, to enter into amendments or modifications to this Agreement (including, without limitation, amendments to this Section 12.2) or any of the other Loan Documents or to enter into additional Loan Documents as the
Administrative Agent reasonably deems appropriate in order to effectuate the terms of Section 4.1 (including, without limitation, as applicable, (1) to permit the Incremental Term Loans and the Incremental Revolving Credit

  
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Increases to share ratably in the benefits of this Agreement and the other Loan Documents and (2) to include the Incremental Term Loan Commitments and the Incremental Revolving Credit
Increase, as applicable, or outstanding Incremental Term Loans and outstanding Incremental Revolving Credit Increase, as applicable, in any determination of (i) Required Lenders or Required Revolving Credit Lenders, as applicable or
(ii) similar required lender terms applicable thereto); provided that no amendment or modification shall result in any increase in the amount of any Lender’s Commitment or any increase in any Lender’s Commitment Percentage, in
each case, without the written consent of such affected Lender. 
 SECTION 12.3 Expenses; Indemnity. 

(a) Costs and Expenses. The Borrower and any other Credit Party, jointly and severally, shall pay (i) all
reasonable out of pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the syndication of the Credit Facility,
the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby
or thereby shall be consummated), (ii) all reasonable out of pocket expenses incurred by the Issuing Lender in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and
(iii) all out of pocket expenses incurred by the Administrative Agent, any Lender or the Issuing Lender (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the Issuing Lender), in connection
with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder,
including all such out of pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 

(b) Indemnification by the Borrower. The Borrower shall indemnify the Administrative Agent (and any sub-agent thereof),
each Lender and each Issuing Lender, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, and shall pay or reimburse any such
Indemnitee for, any and all losses, claims (including, without limitation, any Environmental Claims), penalties, damages, liabilities and related expenses (including the fees, charges and disbursements of any counsel for any Indemnitee), incurred by
any Indemnitee or asserted against any Indemnitee by any Person (including the Borrower or any other Credit Party), arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document
or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby (including, without
limitation, the Transactions), (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the Issuing Lender to honor a demand for payment under a Letter of Credit if the documents presented
in connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by any Credit Party or any
Subsidiary thereof, or any Environmental Claim related in any way to any Credit Party or any Subsidiary, (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract,
tort or any other theory, whether brought by a third party or by any Credit Party or any Subsidiary thereof, and regardless of whether any Indemnitee is a party thereto, or (v) any claim (including, without limitation, any Environmental
Claims), investigation, litigation or other proceeding (whether or not the Administrative Agent or any Lender is a party thereto) and the prosecution and defense thereof, arising out of or in any way connected with the Loans, this Agreement, any
other 

  
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Loan Document, or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby, including without limitation, reasonable attorneys and
consultant’s fees, provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final
and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. This Section 12.3(b) shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc.
arising from any non-Tax claim. 
 (c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails
to indefeasibly pay any amount required under clause (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof), the Issuing Lender, the Swingline Lender or any Related Party of any of the foregoing,
each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), such Issuing Lender, the Swingline Lender or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time
that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time, or if the Total Credit Exposure has been reduced to zero, then based on such Lender’s share of
the Total Credit Exposure immediately prior to such reduction) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that with respect to such unpaid amounts owed to the Issuing
Lender or the Swingline Lender solely in its capacity as such, only the Revolving Credit Lenders shall be required to pay such unpaid amounts, such payment to be made severally among them based on such Revolving Credit Lenders’ Revolving Credit
Commitment Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought or, if the Revolving Credit Commitment has been reduced to zero as of such time, determined immediately prior to such
reduction); provided, further, that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent),
such Issuing Lender or the Swingline Lender in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent), such Issuing Lender or the Swingline Lender in connection with
such capacity. The obligations of the Lenders under this clause (c) are subject to the provisions of Section 5.7. 

(d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by Applicable Law, the Borrower and each other
Credit Party shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or
as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to
in clause (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in
connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby. 
 (e)
Payments. All amounts due under this Section shall be payable promptly after demand therefor. 
 (f) Survival.
Each party’s obligations under this Section shall survive the termination of the Loan Documents and payment of the obligations hereunder. 

SECTION 12.4 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender, each Issuing Lender, the
Swingline Lender and each of their respective Affiliates is hereby authorized at any time and from time to time, after obtaining the prior written consent 

  
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of the Administrative Agent, to the fullest extent permitted by Applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever
currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such Issuing Lender, the Swingline Lender or any such Affiliate to or for the credit or the account of the Borrower or any other Credit Party
against any and all of the obligations of the Borrower or such Credit Party now or hereafter existing under this Agreement or any other Loan Document to such Lender, such Issuing Lender or the Swingline Lender or any of their respective Affiliates,
irrespective of whether or not such Lender, such Issuing Lender, the Swingline Lender or any such Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrower or such Credit Party
may be contingent or unmatured or are owed to a branch or office of such Lender, such Issuing Lender, the Swingline Lender or such Affiliate different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness;
provided that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the
provisions of Section 10.4 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent, the Issuing Lender, the Swingline Lender and
the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights
of each Lender, each Issuing Lender, the Swingline Lender and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, such Issuing Lender, the Swingline Lender
or their respective Affiliates may have. Each Lender, such Issuing Lender and the Swingline Lender agree to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided that the failure to give
such notice shall not affect the validity of such setoff and application. 
 SECTION 12.5 Governing Law; Jurisdiction, Etc. 

(a) Governing Law. This Agreement and the other Loan Documents and any claim, controversy, dispute or cause of action
(whether in contract or tort or otherwise) based upon, arising out of or relating to this Agreement or any other Loan Document (except, as to any other Loan Document, as expressly set forth therein) and the transactions contemplated hereby and
thereby shall be governed by, and construed in accordance with, the law of the State of New York (without giving effect to the choice of law principles thereof (other than Section 5-1401 of the General Obligations Law of the State of New
York)). 
 (b) Submission to Jurisdiction. The Borrower and each other Credit Party irrevocably and unconditionally
agrees that it will not commence any action, litigation or proceeding of any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against the Administrative Agent, any Lender, the Issuing Lender, the Swingline
Lender, or any Related Party of the foregoing in any way relating to this Agreement or any other Loan Document or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York County,
and of the United States District Court of the Southern District of New York, and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to the jurisdiction of such courts and agrees that all
claims in respect of any such action, litigation or proceeding may be heard and determined in such New York State court or, to the fullest extent permitted by Applicable Law, in such federal court. Each of the parties hereto agrees that a final
judgment in any such action, litigation or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement or in any other Loan Document shall
affect any right that the Administrative Agent, any Lender, the Issuing Lender or the Swingline Lender may otherwise have to bring any action or proceeding relating to this Agreement or any other Loan Document against the Borrower or any other
Credit Party or its properties in the courts of any jurisdiction. 

  
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 (c) Waiver of Venue. The Borrower and each other Credit Party irrevocably
and unconditionally waives, to the fullest extent permitted by Applicable Law, any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Agreement or any other Loan Document
in any court referred to in paragraph (b) of this Section. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by Applicable Law, the defense of an inconvenient forum to the maintenance of such action or
proceeding in any such court. 
 (d) Service of Process. Each party hereto irrevocably consents to service of process
in the manner provided for notices in Section 12.1. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by Applicable Law. 

SECTION 12.6 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

SECTION 12.7 Reversal of Payments. To the extent any Credit Party makes a payment or payments to the Administrative Agent for the
ratable benefit of the Lenders or the Administrative Agent receives any payment or proceeds of the Collateral which payments or proceeds or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or
required to be repaid to a trustee, receiver or any other party under any Debtor Relief Law, other Applicable Law or equitable cause, then, to the extent of such payment or proceeds repaid, the Secured Obligations or part thereof intended to be
satisfied shall be revived and continued in full force and effect as if such payment or proceeds had not been received by the Administrative Agent. 

SECTION 12.8 Injunctive Relief. The Borrower recognizes that, in the event the Borrower fails to perform, observe or discharge any of
its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders’ option, shall be entitled to temporary and permanent
injunctive relief in any such case without the necessity of proving actual damages. 
 SECTION 12.9 Successors and Assigns;
Participations. 
 (a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns permitted hereby, except that neither the Borrower nor any other Credit Party may assign or otherwise transfer any of its rights or obligations hereunder without the prior
written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of paragraph (b) of this
Section, (ii) by way of 

  
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participation in accordance with the provisions of paragraph (d) of this Section or (iii) by way of pledge or assignment of a security interest subject to the restrictions of
paragraph (e) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties
hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent and
the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 
 (b) Assignments by Lenders. Any
Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it); provided that,
in each case with respect to any Credit Facility, any such assignment shall be subject to the following conditions: 
 (i)
Minimum Amounts. 
 (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment and/or the Loans at the time owing to it (in each case with respect to any Credit Facility) or contemporaneous assignments to related Approved Funds (determined after giving effect to such assignments) that equal at least the amount
specified in paragraph (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in paragraph (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for
this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment (determined as of the date the
Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date) shall not be less than $5,000,000, in the case of
any assignment in respect of the Revolving Credit Facility, unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably
withheld or delayed); provided that the Borrower shall be deemed to have given its consent five (5) Business Days after the date written notice thereof has been delivered by the assigning Lender (through the Administrative Agent) unless
such consent is expressly refused by the Borrower prior to such fifth (5th) Business Day; 
 (ii) Proportionate
Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loan or the Commitment assigned; 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required by
paragraph (b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Borrower (such consent not to be
unreasonably withheld or delayed) shall be required unless (x) an Event of Default has occurred and is continuing at the time of such assignment, (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund or
(z) the assignment is made in connection with the primary syndication of the Credit Facility and during the period commencing on the 

  
 106 

 
Closing Date and ending on the date that is ninety (90) days following the Closing Date; provided, that the Borrower shall be deemed to have consented to any such assignment unless it
shall object thereto by written notice to the Administrative Agent within 5 Business Days after having received notice thereof; and provided, further, that the Borrower’s consent shall not be required during the primary
syndication of the Credit Facility; 
 (B) the consent of the Administrative Agent (such consent not to be unreasonably
withheld or delayed) shall be required for assignments in respect of (i) the Revolving Credit Facility or any unfunded Incremental Term Loan Commitments if such assignment is to a Person that is not a Lender with a Revolving Credit Commitment
or an Incremental Term Loan Commitment, as applicable, an Affiliate of such Lender or an Approved Fund with respect to such Lender or (ii) the Term Loans to a Person who is not a Lender, an Affiliate of a Lender or an Approved Fund; and 

(C) the consents of the Issuing Lender and the Swingline Lender shall be required for any assignment in respect of the
Revolving Credit Facility. 
 (iv) Assignment and Assumption. The parties to each assignment shall execute and deliver
to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500 for each assignment; provided that (A) only one such fee will be payable in connection with simultaneous assignments to
two or more related Approved Funds by a Lender and (B) the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to
the Administrative Agent an Administrative Questionnaire. 
 (v) No Assignment to Certain Persons. No such assignment
shall be made to (A) the Borrower or any of its Subsidiaries or Affiliates or (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons
described in this clause (B). 
 (vi) No Assignment to Natural Persons. No such assignment shall be made to a natural
Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural Person). 

(vii) Certain Additional Payments. In connection with any assignment of rights and obligations of any Defaulting Lender
hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount
sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the
Administrative Agent, the applicable pro rata share of Loans previously requested, but not funded by, the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (A) pay and satisfy
in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the Issuing Lender, the Swingline Lender and each other Lender hereunder (and interest accrued thereon), and (B) acquire (and fund as appropriate)
its full pro rata share of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Revolving Credit Commitment Percentage. Notwithstanding the foregoing, in the event that any assignment of rights
and obligations of any Defaulting Lender hereunder shall become effective under Applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of
this Agreement until such compliance occurs. 

  
 107 

 Subject to acceptance and recording thereof by the Administrative Agent pursuant to paragraph (c) of this
Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and
obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an
Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 5.8, 5.9,
5.10, 5.11 and 12.3 with respect to facts and circumstances occurring prior to the effective date of such assignment; provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment
by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that
does not comply with this paragraph shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (d) of this Section (other than a purported assignment
to a natural Person or the Borrower or any of the Borrower’s Subsidiaries or Affiliates, which shall be null and void.) 
 (c)
Register. The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower, shall maintain at one of its offices in Charlotte, North Carolina, a copy of each Assignment and Assumption and each Lender Joinder
Agreement delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amounts of (and stated interest on) the Loans owing to, each Lender pursuant to the terms hereof from time
to time (the “Register”). The entries in the Register shall be conclusive, absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to
the terms hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower and any Lender (but only to the extent of entries in the Register that are applicable to such Lender), at any
reasonable time and from time to time upon reasonable prior notice. 
 (d) Participations. Any Lender may at any time, without the
consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any Person (other than a natural Person, (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural
Person, or the Borrower or any of the Borrower’s Subsidiaries or Affiliates) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its
Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance
of such obligations and (iii) the Borrower, the Administrative Agent, the Issuing Lender, the Swingline Lender and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the indemnity under Section 12.3(c) with respect to any payments made by such Lender to its Participant(s). 

Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right
to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree
to any amendment, modification or waiver described in Section 12.2(b), (c), (d) or (e) that directly and adversely affects such Participant. The Borrower agrees that each Participant shall be entitled to
the benefits of 

  
 108 

 
Sections 5.9, 5.10 and 5.11 (subject to the requirements and limitations therein, including the requirements under Section 5.11(g) (it being understood that the
documentation required under Section 5.11(g) shall be delivered to the participating Lender)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section;
provided that such Participant (A) agrees to be subject to the provisions of Section 5.12 as if it were an assignee under paragraph (b) of this Section; and (B) shall not be entitled to receive any greater payment
under Sections 5.10 or 5.11, with respect to any participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that
occurs after the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of
Section 5.12(b) with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 12.4 as though it were a Lender; provided that such Participant agrees
to be subject to Section 5.6 as though it were a Lender. 
 Each Lender that sells a participation shall, acting solely for
this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts of (and stated interest on) each Participant’s interest in the Loans or other
obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any
information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such
commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender
shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its
capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 
 (e) Certain Pledges. Any
Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including without limitation any pledge or assignment to secure obligations to a Federal
Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(f) Cashless Settlement. Notwithstanding anything to the contrary contained in this Agreement, any Lender may exchange, continue or
rollover all or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the
Administrative Agent and such Lender. 
 SECTION 12.10 Treatment of Certain Information; Confidentiality. Each of the Administrative
Agent, the Lenders and the Issuing Lender agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Related Parties in connection with the
Credit Facility, this Agreement, the transactions contemplated hereby or in connection with marketing of services by such Affiliate or Related Party to the Borrower or any of its Subsidiaries (it being understood that the Persons to whom such
disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required or requested by, or required to be disclosed to, any regulatory or similar
authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) as to the

  
 109 

 
extent required by Applicable Laws or regulations or in any legal, judicial, administrative or other compulsory process, (d) to any other party hereto, (e) in connection with the
exercise of any remedies under this Agreement, under any other Loan Document or under any Secured Hedge Agreement or Secured Cash Management Agreement, or any action or proceeding relating to this Agreement, any other Loan Document or any Secured
Hedge Agreement or Secured Cash Management Agreement, or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or
Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this Agreement or (ii) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction under which
payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (g) on a confidential basis to (i) any rating agency in connection with rating the Borrower or its Subsidiaries or the Credit
Facility or (ii) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers with respect to the Credit Facility, (h) with the consent of the Borrower, (i) deal terms and other
information customarily reported to Thomson Reuters, other bank market data collectors and similar service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of
the Loan Documents, (j) to the extent such Information (i) becomes publicly available other than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, any Lender, the Issuing Lender or any of
their respective Affiliates from a third party that is not, to such Person’s knowledge, subject to confidentiality obligations to the Borrower, (k) to governmental regulatory authorities in connection with any regulatory examination of the
Administrative Agent or any Lender or in accordance with the Administrative Agent’s or any Lender’s regulatory compliance policy if the Administrative Agent or such Lender deems necessary for the mitigation of claims by those authorities
against the Administrative Agent or such Lender or any of its subsidiaries or affiliates, (l) to the extent that such information is independently developed by such Person, or (m) for purposes of establishing a “due diligence”
defense. For purposes of this Section, “Information” means all information received from any Credit Party or any Subsidiary thereof relating to any Credit Party or any Subsidiary thereof or any of their respective businesses, other
than any such information that is available to the Administrative Agent, any Lender or the Issuing Lender on a nonconfidential basis prior to disclosure by any Credit Party or any Subsidiary thereof; provided that, in the case of information
received from a Credit Party or any Subsidiary thereof after the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this
Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

SECTION 12.11 Performance of Duties. Each of the Credit Party’s obligations under this Agreement and each of the other Loan
Documents shall be performed by such Credit Party at its sole cost and expense. 
 SECTION 12.12 All Powers Coupled with Interest.
All powers of attorney and other authorizations granted to the Lenders, the Administrative Agent and any Persons designated by the Administrative Agent or any Lender pursuant to any provisions of this Agreement or any of the other Loan Documents
shall be deemed coupled with an interest and shall be irrevocable so long as any of the Obligations remain unpaid or unsatisfied, any of the Commitments remain in effect or the Credit Facility has not been terminated. 

SECTION 12.13 Survival. 

(a) All representations and warranties set forth in Article VII and all representations and warranties contained in any certificate, or
any of the Loan Documents (including, but not limited to, any 

  
 110 

 
such representation or warranty made in or in connection with any amendment thereto) shall constitute representations and warranties made under this Agreement. All representations and warranties
made under this Agreement shall be made or deemed to be made at and as of the Closing Date (except those that are expressly made as of a specific date), shall survive the Closing Date and shall not be waived by the execution and delivery of this
Agreement, any investigation made by or on behalf of the Lenders or any borrowing hereunder. 
 (b) Notwithstanding any termination of this
Agreement, the indemnities to which the Administrative Agent and the Lenders are entitled under the provisions of this Article XII and any other provision of this Agreement and the other Loan Documents shall continue in full force and effect
and shall protect the Administrative Agent and the Lenders against events arising after such termination as well as before. 
 SECTION 12.14
Titles and Captions. Titles and captions of Articles, Sections and subsections in, and the table of contents of, this Agreement are for convenience only, and neither limit nor amplify the provisions of this Agreement. 

SECTION 12.15 Severability of Provisions. Any provision of this Agreement or any other Loan Document which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability without invalidating the remainder of such provision or the remaining provisions hereof or thereof or
affecting the validity or enforceability of such provision in any other jurisdiction. 
 SECTION 12.16 Counterparts; Integration;
Effectiveness; Electronic Execution. 
 (a) Counterparts; Integration; Effectiveness. This Agreement may be executed in
counterparts (and by different parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents, and any
separate letter agreements with respect to fees payable to the Administrative Agent, the Issuing Lender, the Swingline Lender and/or the Arranger, constitute the entire contract among the parties relating to the subject matter hereof and supersede
any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 6.1, this Agreement shall become effective when it shall have been executed by the Administrative
Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by
facsimile or in electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart of this Agreement. 

(b) Electronic Execution of Assignments. The words “execution,” “signed,” “signature,” and words of like
import in any Assignment and Assumption shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or
the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any Applicable Law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and
Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 
 SECTION 12.17 Term of Agreement.
This Agreement shall remain in effect from the Closing Date through and including the date upon which all Obligations (other than contingent indemnification obligations not then due) arising hereunder or under any other Loan Document shall have been
indefeasibly and irrevocably paid and satisfied in full, all Letters of Credit have been terminated or expired (or been Cash Collateralized) or otherwise satisfied in a manner acceptable to the Issuing Lender)

  
 111 

 
and the Revolving Credit Commitment has been terminated. No termination of this Agreement shall affect the rights and obligations of the parties hereto arising prior to such termination or in
respect of any provision of this Agreement which survives such termination. 
 SECTION 12.18 USA PATRIOT Act. The Administrative
Agent and each Lender hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, each of them is required to obtain, verify and record information that identifies each Credit Party, which information includes the name and
address of each Credit Party and other information that will allow such Lender to identify each Credit Party in accordance with the PATRIOT Act. 

SECTION 12.19 Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained in
Articles VIII or IX hereof shall be given independent effect. Accordingly, the Borrower shall not engage in any transaction or other act otherwise permitted under any covenant contained in Articles VIII or IX, before or
after giving effect to such transaction or act, the Borrower shall or would be in breach of any other covenant contained in Articles VIII or IX. 

SECTION 12.20 No Advisory or Fiduciary Responsibility. 

(a) In connection with all aspects of each transaction contemplated hereby, each Credit Party acknowledges and agrees, and acknowledges its
Affiliates’ understanding, that (i) the facilities provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other modification hereof or of any other
Loan Document) are an arm’s-length commercial transaction between the Borrower and its Affiliates, on the one hand, and the Administrative Agent, the Arrangers and the Lenders, on the other hand, and the Borrower is capable of evaluating and
understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver or other modification hereof or thereof), (ii) in connection with
the process leading to such transaction, each of the Administrative Agent, the Arrangers and the Lenders is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary, for the Borrower or any of its Affiliates,
stockholders, creditors or employees or any other Person, (iii) none of the Administrative Agent, the Arrangers or the Lenders has assumed or will assume an advisory, agency or fiduciary responsibility in favor of the Borrower with respect to
any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Loan Document (irrespective of whether any Arranger or Lender has advised or is
currently advising the Borrower or any of its Affiliates on other matters) and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to the Borrower or any of its Affiliates with respect to the financing transactions
contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents, (iv) the Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests
that differ from, and may conflict with, those of the Borrower and its Affiliates, and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary
relationship and (v) the Administrative Agent, the Arrangers and the Lenders have not provided and will not provide any legal, accounting, regulatory or tax advice with respect to any of the transactions contemplated hereby (including any
amendment, waiver or other modification hereof or of any other Loan Document) and the Credit Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they have deemed appropriate. 

(b) Each Credit Party acknowledges and agrees that each Lender, the Arrangers and any Affiliate thereof may lend money to, invest in, and
generally engage in any kind of business with, any of the Borrower, the Parent, any Affiliate thereof or any other person or entity that may do business with or own securities of any of the foregoing, all as if such Lender, Arranger or Affiliate
thereof were not a 

  
 112 

 
Lender or Arranger or an Affiliate thereof (or an agent or any other person with any similar role under the Credit Facilities) and without any duty to account therefor to any other Lender, the
Arrangers, the Parent, the Borrower or any Affiliate of the foregoing. Each Lender, the Arrangers and any Affiliate thereof may accept fees and other consideration from the Parent, the Borrower or any Affiliate thereof for services in
connection with this Agreement, the Credit Facilities or otherwise without having to account for the same to any other Lender, the Arrangers, the Parent, the Borrower or any Affiliate of the foregoing. 

SECTION 12.21 Inconsistencies with Other Documents. In the event there is a conflict or inconsistency between this Agreement and any
other Loan Document, the terms of this Agreement shall control; provided that any provision of the Security Documents which imposes additional burdens on the Borrower or any of its Subsidiaries or further restricts the rights of the Borrower
or any of its Subsidiaries or gives the Administrative Agent or Lenders additional rights shall not be deemed to be in conflict or inconsistent with this Agreement and shall be given full force and effect. 

[Signature pages to follow] 

  
 113 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed under seal by
their duly authorized officers, all as of the day and year first written above. 
  

			
	TYLER TECHNOLOGIES, INC., as Borrower
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Signature Page 

Tyler Technologies Credit Agreement 

 
			
	AGENTS AND LENDERS:
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Swingline Lender, Issuing Lender and Lender
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Signature Page 

Tyler Technologies Credit Agreement 

 
			
	[LENDER], as Lender
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Signature Page 

Tyler Technologies Credit AgreementEX-10.01

 Exhibit 10.01 

THE USE OF THE FOLLOWING NOTATION IN THIS EXHIBIT INDICATES THAT A CONFIDENTIAL PORTION HAS BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT AND THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION: [***] 
 CONFIDENTIAL TREATMENT
REQUESTED BY INTUIT INC. 
 AGREEMENT OF PURCHASE AND SALE 

AND JOINT ESCROW INSTRUCTIONS 

(Santa Fe Summit) 
 I 

 SUMMARY AND DEFINITION OF BASIC TERMS 

This Agreement of Purchase and Sale and Joint Escrow Instructions (the “Agreement”), dated as of the Effective Date set forth
in Section 1 of the Summary of Basic Terms, below, is made by and between INTUIT INC., a Delaware corporation (“Buyer”), and KILROY REALTY, L.P., a Delaware limited partnership (“Seller”). The terms set forth
below shall have the meanings set forth below when used in the Agreement. 
  

			
	 TERMS OF AGREEMENT

(first reference in the Agreement)
	  	 DESCRIPTION

		
	 1.      Effective Date 

(Introductory Paragraph):
	  	September 9, 2015
		
	 2.      Buildings 

(Recital A):
	  	The four (4) buildings listed by property address on Exhibit A attached hereto (each, a “Building” and collectively, the “Buildings”).
		
	 3.      Broker 

(Section 15):
	  	Jones Lang LaSalle
		
	 4.      Buyer’s Notice Address

(Section 14):
	  	 Intuit Inc.
 2700 Coast Avenue

Mountain View, California 94043
 Attn: Michael Gulasch

Fax No.: (650) 944-3600
 E-mail: michael_gulasch@intuit.com

 
 With copies to:
  

Intuit Inc.
 2535 Garcia Avenue

Mountain View, California 94043
 Attn: Lease Administration

Tel. No.: (650) 944-5203
 E-mail:
leaseadministration@intuit.com

  

					
		  		  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

			
		
		  	 And to:
  

Intuit Inc.
 2700 Coast Avenue

Mountain View, California 94043
 Attn: General Counsel

Fax No.: (650) 944-5656
 E-mail: laura_fennell@intuit.com

 
 And to:
  

Sedgwick LLP
 333 Bush Street, 30th Floor
 San Francisco, CA 94104

Attn: Laurie N. Gustafson
 Fax No.: (415) 781-2635

E-mail: laurie.gustafson@sedgwicklaw.com

		
	 5.      Purchase Price 

         (Section 2.1):
	  	$262,252,156.00.
		
	 6.      Initial Deposit

         (Section 2.2.1):
	  	$5,000,000.00
		
	 7.      Additional Deposit

         (Section 2.2.2):
	  	$3,000,000.00
		
	 8.      Escrow Holder and Escrow Holder’s Notice
Address
          (Section 3):
	  	 Fidelity National Title
 1300 Dove Street, Suite
310
 Newport Beach, California 92660
 Attn: Bobbie Purdy

Fax No.: (213) 683-9782
 Email: bobbie.purdy@fnf.com

		
	 9.      Contingency Date 

         (Section 4.1):
	  	November 9, 2015.
		
	 10.    Closing Date 

         (Section 3.2):
	  	No sooner than January 12, 2016, and no later than January 21, 2016, the specific date to be determined by Buyer and provided to Seller by written notice delivered to Seller no later than thirty (30) days prior to such
specific date.

  

					
		  	-2-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

			
		
	 11.    Title Company

         (Section 4.2):
	  	 Fidelity National Title
 1300 Dove Street, Suite
310
 Newport Beach, California 92660
 Attn: Justin
VanderVeen
 Tel. No.: (949) 622-4962
 E-Mail: majv@fnf.com

Order No. 23065897

		
	 12.    Seller’s Representatives 

         (Section 11.9):
	  	Brian Galligan, Justin Smart, and Lindsay Florin

 II  

RECITALS 
 A.
Seller owns those certain parcels of land (each, a “Parcel”) more particularly described on Exhibit A attached hereto (collectively, the “Land”), which Land is improved with the Buildings and the
“Improvements” (as defined below). 
 B. Seller desires to sell and convey to Buyer and Buyer desires to purchase and acquire from
Seller, for each Parcel, all of Seller’s right, title and interest in and to the following: 
 i. The Land and all of
Seller’s interest in all rights, privileges, easements and appurtenances benefiting the Land and/or the Improvements, including, without limitation, Seller’s interest, if any, in all mineral and water rights and all easements,
rights-of-way and other appurtenances used or connected with the beneficial use or enjoyment of the Land and/or the Improvements (the Land, the Improvements and all such rights, privileges, easements and appurtenances are sometimes collectively
hereinafter referred to as the “Real Property”); 
 ii. The Buildings, parking structure and any other
associated parking, landscaped areas and all other improvements located on the Land (collectively, the “Improvements”); 

iii. The “Approved Contracts” (as hereinafter defined); 

iv. All personal property, equipment, supplies and fixtures (collectively, the “Personal Property”) owned by
Seller and located on, and used solely in connection with the operation and maintenance of, the Real Property, which Personal Property shall be more particularly identified in Schedule 1 to Exhibit E attached
hereto; and 
 v. To the extent assignable, any intangible property issued to Seller in connection with the foregoing,
contract rights, warranties, guaranties, licenses, permits, plans, specifications, development rights, entitlements, signage rights, governmental approvals and certificates of occupancy which benefit the Real Property, the

  

					
		  	-3-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
Improvements, and/or the Personal Property but excluding (i) any right to the use or ownership of “Kilroy,” “Kilroy Realty” or any other similar name; (ii) any
rights of Seller against third parties including, without limitation, tenants, with respect to the period prior to Closing, and (iii) the rights of Seller to rents and other income from tenants and other third parties for the period prior to
the Closing Date (collectively, the “Excluded Rights”) (the “Intangible Personal Property”). With respect to each Parcel, the Real Property, the Improvements, the Personal Property, the Approved Contracts, and the
Intangible Personal Property are hereinafter referred to as the “Property.” 
 C. Prior to the Contingency Date, Buyer will
have the opportunity to conduct all due diligence with regard to the Property as set forth in Sections 4.1 and 4.2, below (collectively, the “Due Diligence Investigations”). 

D. All portions of the Property shall be sold together, concurrently, as the “Property”, and may not be purchased separately. 

III 
 AGREEMENT

 NOW, THEREFORE, in consideration of the covenants contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Buyer and Seller hereby agree as follows, and hereby instruct Escrow Holder as follows. 
 1.
Purchase and Sale. Seller agrees to sell to Buyer, and Buyer agrees to purchase from Seller, the Property upon the terms and conditions set forth in this Agreement. 

2. Purchase Price. 
 2.1
Purchase Price. Subject to the terms, conditions and provisions of this Agreement, Buyer shall pay the Purchase Price for the Property as hereinafter provided in this Section 2 (as increased or decreased by prorations and
adjustments as herein provided). 
 2.2 Deposit. 

2.2.1 Initial Deposit. Within five (5) business days after the Effective Date, Buyer shall deliver to Escrow Holder the Initial
Deposit. The Initial Deposit shall be deposited by Escrow Holder in an interest-bearing account at a federally insured institution as Escrow Holder, Buyer and Seller reasonably deem appropriate and consistent with the timing requirements of this
Agreement. The interest thereon shall accrue to the benefit of the party receiving the Deposit pursuant to the terms of this Agreement, and Buyer and Seller hereby acknowledge that there may be penalties or interest forfeitures if the applicable
instrument is redeemed prior to its specified maturity. The term “Deposit” hereunder shall include all interest so earned thereon. Buyer agrees to provide its Federal Tax Identification Number to Escrow Holder upon the “Opening
of Escrow,” as that term is defined in Section 3.1, below. Concurrently with the expiration of the “Property Approval Period” and provided Buyer has delivered “Buyer’s Approval Notice (as those terms are defined
in Sections 4.1.2 and 4.1.4, 

  

					
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respectively, below, the Initial Deposit shall become non-refundable except as otherwise provided in this Agreement. If prior to the expiration of the Property Approval Period Buyer has failed to
deliver Buyer’s Approval Notice, this Agreement shall be automatically terminated and the Initial Deposit (less the Independent Consideration), together with all interest accrued thereon, less one-half
( 1⁄2) of any escrow cancellation fees in accordance with Section 4.4 below, shall be returned to Buyer. If this Agreement has not been so
terminated, then, after the Contingency Date, the Initial Deposit (less the Independent Consideration) together with interest accrued thereon shall be: (i) applied and credited toward payment of the Purchase Price at the Close of Escrow, or
(ii) retained by Seller as liquidated damages pursuant to Section 16.2, below, or (iii) returned to Buyer if (A) this Agreement is terminated, and the provisions of Sections 4.4 or 13 apply, or (B) this
Agreement is terminated because of a breach by Seller. 
 2.2.2 Additional Deposit. Within five (5) business days after
Buyer’s delivery of Buyer’s Approval Notice to Seller, Buyer shall deliver to Escrow Holder the Additional Deposit (the Additional Deposit, together with the Initial Deposit, shall be hereafter referred to as the
“Deposit”). Upon receipt by Escrow Holder, the Additional Deposit shall become non-refundable except as otherwise provided in this Agreement. The failure of Buyer to timely deliver any portion of the Deposit hereunder shall be
deemed a material default, and shall entitle Seller, at Seller’s sole option, to terminate this Agreement immediately as its sole and exclusive remedy for such default hereunder, at law and in equity, in which case Escrow Holder shall promptly
return to Buyer any portion of the Deposit previously delivered by Buyer. The Additional Deposit together with interest accrued thereon shall be (i) applied and credited toward payment of the Purchase Price at the Close of Escrow, or
(ii) retained by Seller as liquidated damages pursuant to Section 16.2, below, or (iii) returned to Buyer if (A) this Agreement is terminated and the provisions of Sections 4.4 or 13 apply, or (B) this
Agreement is terminated because of a breach by Seller. 
 2.3 Cash Balance. On or before 10:00 a.m. (Pacific Time) on the Closing
Date, Buyer shall deposit with Escrow Holder cash by means of a confirmed wire transfer through the Federal Reserve System or cashier’s check in the amount of the balance of the Purchase Price, plus Buyer’s share of expenses and prorations
as described in this Agreement. 
 2.4 Independent Consideration. The Initial Deposit includes the amount of One Hundred and 00/100
Dollars ($100.00) as independent consideration for Seller’s performance under this Agreement (“Independent Consideration”), in addition to the Deposit and the Purchase Price. The Independent Consideration is independent of any
other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, shall be promptly forwarded by Escrow Holder to Seller and is not refundable under any circumstances. 

3. Escrow and Title. 

3.1 Opening of Escrow. Buyer and Seller shall promptly deliver a fully executed original of this Agreement to Escrow Holder (which
delivery may be in counterparts), and the date of Escrow Holder’s receipt thereof is referred to as the “Opening of Escrow”; provided, however, the parties’ electronic delivery of such counterparts may be used for the
Opening of Escrow to the extent their “wet-ink” original counterparts are 

  

					
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concurrently delivered to Escrow Holder via Federal Express or other overnight courier or personal delivery. Seller and Buyer shall execute and deliver to Escrow Holder any additional or
supplementary instructions as may be necessary or convenient to implement the terms of this Agreement and close the transactions contemplated hereby, provided such instructions are consistent with and merely supplement this Agreement and shall not
in any way modify, amend or supersede this Agreement. Such supplementary instructions, together with the escrow instructions set forth in this Agreement, as they may be amended from time to time by the parties, shall collectively be referred to as
the “Escrow Instructions.” The Escrow Instructions may be amended and supplemented by such standard terms and provisions as the Escrow Holder may request the parties hereto to execute; provided, however, that the parties hereto and
Escrow Holder acknowledge and agree that in the event of a conflict between any provision of such standard terms and provisions supplied by the Escrow Holder and the Escrow Instructions, the Escrow Instructions shall prevail. 

3.2 Close of Escrow/Closing. For purposes of this Agreement, the “Close of Escrow” or the “Closing”
shall mean the date on which the “Deed” (as defined in Section 5.1.1, below) is recorded in the Official Records of the County where the Land is located (the “Official Records”), or if the Closing occurs with
Seller’s and Buyer’s consent prior to the date on which the Deed is recorded as a part of a “gap” closing, the date on which such gap Closing occurs. The Close of Escrow shall occur on the Closing Date. Buyer’s and
Seller’s failure to perform their respective obligations hereunder, including, without limitation, the timely delivery by Buyer of the balance of the Purchase Price, shall constitute a material and non-curable default under this Agreement. 

3.3 Title Insurance. At the Close of Escrow, and as a condition thereto, the Title Company shall issue to Buyer an ALTA extended
coverage Owner’s Policy of Title Insurance 2006 Form for the Property with such endorsements as may have been reasonably requested by Buyer and included in a proforma title policy issued by the Title Company prior to the expiration of the
Property Approval Period, a copy of which shall be delivered to Seller prior to expiration of the Property Approval Period (a “Title Policy”) with liability in the amount of the Purchase Price, showing title to the Property vested
in Buyer, subject only to (i) the preprinted standard exceptions in such Title Policy, (ii) exceptions approved or deemed approved by Buyer pursuant to Section 4.2, (iii) non-delinquent real property taxes and special
assessments, (iv) any exceptions arising from Buyer’s actions, local, state and federal laws, ordinances or governmental regulations, including, but not limited to, building and zoning laws, ordinances and regulations, now or hereafter in
effect relating to the Property, and (v) any matters which would be disclosed by an accurate survey or physical inspection of the Property (collectively, the “Permitted Exceptions”). The parties acknowledge that the Purchase
Price represents the bulk price applicable to the entirety of the Property on an aggregate basis, and Seller shall not separately allocate any portion of the Purchase Price to any particular, individual component of the Property. Buyer shall be
responsible to have prepared and delivered to the Title Company an ALTA survey of the Property, at Buyer’s expense. Buyer shall pay the additional premium for extended coverage in excess of a standard CLTA policy and for any endorsements
requested by Buyer (but not for any endorsements requested by Seller to cure a disapproved title item pursuant to Section 4.2, which shall be paid for by Seller). The Property Approval Period and Close of Escrow shall not be extended due
to Buyer’s Title Policy requirements. Notwithstanding the 

  

					
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foregoing, if Buyer fails to provide an ALTA survey for the Property acceptable to the Title Company for purposes of issuing the Title Policy, then the Title Policy to be issued on the Close of
Escrow shall be an ALTA extended coverage Owner’s Policy of Title Insurance which shall include a general survey exception. 
 4.
Contingencies; Conditions Precedent to the Close of Escrow. 
 4.1 Buyer’s Review. 

4.1.1 Delivery of Due Diligence Materials by Seller. To the extent not previously made available to Buyer, and to the extent within
the possession or control of Seller, within one (1) business day following the Effective Date, Seller shall make available to Buyer and Buyer’s representatives vis-à-vis Seller’s online due diligence room relating to the
Property, for Buyer’s inspection and copying at Buyer’s sole expense, and/or at Seller’s offices for Buyer’s inspection and right to copy at Buyer’s expense, (i) any final environmental studies (including, without
limitation, the most recent Phase I and Phase II reports, if any), soils studies, plans, specifications, maps, past surveys and other similar materials relating to the physical and environmental condition of the Property
(“Reports”), excluding any report or studies that have been superseded by subsequent reports or studies provided to Buyer, (ii) copies of all “Contracts” (as that term is defined in Section 4.1.3 below),
and (iii) the additional due diligence items set forth on Exhibit H attached hereto (together with the Reports and Contracts, collectively, the “Due Diligence Items”). In no event shall Seller be obligated to
provide to Buyer any confidential or proprietary information or any documents or information which is subject to attorney-client privilege or that constitute attorney-client work product. All Due Diligence Items shall be kept confidential by Buyer
pursuant to the terms of Section 20 below. Except as expressly set forth in Section 11 of this Agreement, Seller makes no representations or warranties regarding the sufficiency, truthfulness, completeness (except as set
forth in Section 11.9 of this Agreement) or accuracy of any Due Diligence Items or that the Due Diligence Items are complete copies of the same. Buyer acknowledges and understands that all such materials made available by Seller are only
for Buyer’s convenience in making its own examination and determination prior to the Contingency Date as to whether it wishes to purchase the Property, and, in so doing, Buyer shall rely exclusively upon the Seller’s express
representations and warranties set forth in Section 11 hereof and upon its own independent investigation, verification and evaluation of every aspect of the Property and not upon any of the Reports or materials supplied by Seller. Seller
acknowledges Buyer may desire to discuss or otherwise inquire about matters related to the Property with various governmental entities and utilities (such parties are referred to herein, collectively, as the “Third Parties”). In
this regard, Buyer is permitted to contact all necessary Third Parties, and discuss Due Diligence Items with such Third Parties (subject to Buyer’s confidentiality obligations hereunder); provided, however, that Buyer shall first provide Seller
with written or telephonic notice and a reasonable opportunity to be present at such contact or discussions at a time and location reasonably convenient to Seller. 

4.1.2 Entry Rights. Between the Effective Date and the Contingency Date (the “Property Approval Period”) and,
provided that Buyer delivered Buyer’s Approval Notice, thereafter through the Closing Date, Buyer shall have the right to review and investigate the Due Diligence Items, the physical and environmental

  

					
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condition of the Property, the character, quality, value and general utility of the Property, the zoning, land use, environmental and building requirements and restrictions applicable to the
Property, the state of title to the Property, and any other factors or matters relevant to Buyer’s decision to purchase the Property. Buyer, in Buyer’s sole and absolute discretion, may determine whether or not the Property is acceptable
to Buyer within the Property Approval Period and whether Buyer can secure appropriate financing thereon. Buyer is currently the tenant under the “Intuit Lease” (as that term is defined in Section 8.3 below), and as such, Buyer
has certain personnel currently working on the Real Property. Such personnel will conduct certain review and inspection of the Real Property. If and to the extent Buyer wishes to have any third party enter onto the Real Property to review or inspect
the Real Property, Buyer shall provide Seller with at least two (2) business days’ prior email notice or telephone notice with a confirmation email to (x) Matt Holmes at mholmes@kilroyrealty.com or (415) 778-7745, and
(y) Brian Galligan at bgalligan@kilroyrealty.com or (858) 523-2225, and (z) Lindsay Florin at legalnotifications@kilroyrealty.com or (310) 481-8400, of its desire for such third party to enter upon the Real Property for
inspection and/or testing and any such inspections or testing shall be conducted at a time and manner reasonably approved by Seller. Seller shall have the right to be present at any such third party inspections or testings. Prior to any third party
conducting any inspections or testing, Buyer and its consultants shall deliver to Seller a certificate of insurance naming Seller as additional insured (on a primary, non-contributing basis) evidencing commercial general liability and property
damage insurance with limits of not less than [***] Dollars ($[***]) per claim for liability coverage (plus Medical Expenses coverage with a limit of not less than [***] Dollars ($[***]) per incident), and not less than [***] Dollars ($[***]) per
claim for property damage. In addition, prior to conducting any inspections or testing, Buyer or its consultants shall also deliver to Seller proof of Worker’s Compensation and Employer’s Liability Insurance with minimum limits of not less
than [***] Dollars ($[***]) each accident/employee/disease. Seller and Buyer acknowledge that Buyer already maintains such insurance coverage pursuant to the terms of the Intuit Lease. Notwithstanding the foregoing, Buyer shall not be permitted to
undertake any air or paint sampling or any intrusive or destructive testing of the Property, including, without limitation, a “Phase II” environmental assessment (collectively, the “Intrusive Tests”), without in each
instance first obtaining Seller’s prior written consent thereto, which consent shall not be unreasonably withheld, delayed or conditioned. If Seller fails to advise Buyer of its disapproval of any proposed Intrusive Tests, along with the
reasons for such disapproval, within such one (1) business day period, such failure shall be deemed Seller’s approval thereof. Buyer shall restore the Real Property to its original condition immediately after any and all testing and
inspections conducted by or on behalf of Buyer. The results of any and all testing and inspections conducted by or on behalf of Buyer shall be kept confidential pursuant to the terms of Section 20 below, and Buyer shall not provide to
Seller any results of or information with regard to any Intrusive Tests unless Seller expressly requests in writing that Buyer supply such information or results to Seller. Buyer hereby agrees to indemnify and hold Seller, the “Seller
Group” (as defined in Section 10.1.2 below) and the Property harmless from any and all costs, loss, damages or expenses of any kind or nature arising out of or resulting from any entry and/or activities upon the Property by Buyer
and/or Buyer’s agents, employees, contractors or consultants; provided, however, such indemnification obligation shall not be applicable to the extent (i) of Buyer’s mere discovery of any
pre-existing adverse physical condition at the Property, or (ii) any such costs, loss, damages or expenses arise out of the negligence or intentional misconduct of any

  

					
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indemnified party (provided that the foregoing shall not be construed as relieving Buyer of its obligation to indemnify, defend and hold harmless Seller to the extent that any such pre-existing
condition is aggravated by the negligence or willful misconduct of Buyer and/or Buyer’s agents, employees, contractors or consultants in connection with any inspection of the Property). Buyer’s indemnification obligations under this
section shall survive the Close of Escrow or any termination of this Agreement for one (1) year from the Close of Escrow. 
 4.1.3
Contracts. Buyer shall have until the Contingency Date to either approve of any Contracts, or to notify Seller in writing, specifying any Contracts which Buyer desires be terminated on or before the Closing, and which, by their express terms,
may be terminated on or before the Closing (the “Disapproved Contracts”); provided, however, in no event shall Seller be required to terminate any Contracts which by their terms are not terminable prior to the Closing or otherwise
not terminable without payment by Seller of a penalty, charge or premium (“Non-Terminable Contracts”). Seller shall provide written notice of termination to those applicable third parties with respect to such Disapproved Contracts
on or before the Closing. Those Contracts not expressly disapproved by Buyer and the Non-Terminable Contracts (collectively, the “Approved Contracts”) shall be assigned by Seller to Buyer at the Closing. Seller shall assign its
rights and interests under the Approved Contracts to Buyer at the Closing pursuant to the Assignment of Contracts and Assumption Agreement, in substantially the form attached hereto as Exhibit D and made a part hereof.
Notwithstanding anything herein to the contrary, Seller shall cause any and all Contracts for the management, asset management, leasing or listing of the Property to be terminated, at Seller’s sole cost and expense, effective as of the Closing.
The term “Contracts” shall mean those maintenance, management, utility, service and other operating contracts, equipment leases and other agreements to which Seller is a party affecting the ownership, repair, maintenance,
management, leasing or operation of the Property as set forth on Exhibit G attached hereto, together with any amendments or modifications thereto. 

4.1.4 Termination. If Buyer fails to deliver written notice thereof to Seller and Escrow Holder (the “Buyer’s Approval
Notice”) prior to 5:00 p.m. (Pacific Time) on the Contingency Date of Buyer’s unconditional approval of the Property, Buyer shall be deemed to have disapproved the Property, and this Agreement shall automatically terminate and the
Deposit, together with all interest accrued thereon, shall be returned to Buyer. In the event Buyer timely delivers the Buyer’s Approval Notice to Seller and Escrow Holder on or before the expiration of the Property Approval Period, then the
same shall constitute Buyer’s waiver of the above-described termination right and all matters set forth in Sections 4.1.1 and 4.1.2, above, shall be deemed to be approved, and this Agreement shall continue in full force and
effect. 
 4.1.5 Due Diligence Materials. In the event Buyer does not purchase the Property for any reason, within five
(5) days after the date this Agreement is terminated Buyer shall (i) return to Seller all documents, information and other materials supplied by Seller to Buyer, (ii) destroy (and confirm to Seller the destruction of) any electronic
copies of such documents, information and other materials supplied by Seller to Buyer, and (iii) at Seller’s written request, without warranty or representation of any kind, deliver to Seller copies of any third-party inspection reports,
studies, surveys, and other reports and/or test results relating to the 

  

					
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Property which were developed by Buyer or prepared by consultants retained by or on behalf of Buyer in contemplation of this Agreement, at no charge to Seller. In no event shall Buyer be
obligated to provide to Seller any documents or information which is subject to attorney-client privilege or that constitutes attorney-client work-product, or which are proprietary, confidential or prohibited by Buyer’s consultants from being
delivered to Seller or any other third party. 
 4.2 Title Report and Additional Title Matters. Seller has previously delivered to
Buyer a preliminary title report for the Property (a “PTR”) and copies of all underlying title documents described in such PTR; or if not, Seller shall deliver such PTR and underlying title documents to Buyer within one
(1) business day after the Effective Date. With respect to the Property, Buyer shall have until forty-five (45) days after Buyer’s receipt of the PTR and copies of the underlying title documents (the “Interim Date”)
to provide written notice (the “Title Notice”) to Seller and Escrow Holder of any matters shown by the PTR and/or the ALTA Survey which are not satisfactory to Buyer. If Seller has not received such written notice from Buyer by the
Interim Date, that shall be deemed Buyer’s unconditional approval of the condition of title to the Property. To the extent Buyer timely delivers a Title Notice, then Seller shall deliver, within five (5) business days of its receipt of
such Title Notice, written notice to Buyer and Escrow Holder identifying which disapproved items (other than Monetary Liens) Seller shall undertake to cure or not cure (“Seller’s Response”). If and to the extent Seller commits
to remove or otherwise cure (e.g., provide insurance against) any disapproved title matter, the removal or cure of such matter shall be a condition to Buyer’s obligation to close. Except as provided hereinbelow, Seller shall have until five
(5) days prior to the Closing Date to make such arrangements or take such steps as the parties shall mutually agree to satisfy Buyer’s objection(s); provided, however, that, except with respect to liens secured by deeds of
trust securing loans made to Seller, mechanics’ liens relating to work pursuant to any agreements to which Seller or any Seller affiliate is a party, judgment liens against Seller, and delinquent taxes (herein “Monetary
Liens”), which Seller agrees to have removed on or before the Closing Date, Seller shall have no obligation whatsoever to expend or agree to expend any funds, to undertake or agree to undertake any obligations or otherwise to cure or agree
to cure any title objections. If Seller does not timely deliver a Seller’s Response, Seller shall be deemed to have elected to not remove or otherwise cure any exceptions disapproved by Buyer. If Seller commits to remove or provide insurance
against any disapproved title exception, then the removal of or insurance against such item(s) shall be a condition to Buyer’s obligation to close and Buyer shall be deemed to have approved title to the Property, provided, however, if Seller
elects to insure over a disapproved title exception by endorsement, then Buyer shall the right to approve (which approval shall not be unreasonably withheld, conditioned or delayed) the form of endorsement. If Seller elects, or is deemed to have
elected, not to remove or otherwise cure a matter disapproved in Buyer’s Title Notice, Buyer shall have until the Contingency Date to notify Seller and Escrow Holder, in writing, of Buyer’s election to either waive the objection or
terminate this Agreement and the Escrow (in which case the Initial Deposit shall be returned to Buyer). Buyer’s timely delivery of Buyer’s Approval Notice in accordance with Section 4.1.4, above, shall be deemed Buyer’s
waiver of Buyer’s title and survey objection(s) and election to proceed with Closing. Except for Monetary Liens, all matters shown in the PTR and any survey of the Property obtained by Buyer with respect to which Buyer fails to give a Title
Notice on or before the Interim Date shall be deemed to be approved by Buyer. Notwithstanding the foregoing, if any supplemental title report or update containing any exceptions not included in the PTR delivered in accordance with

  

					
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this Section 4.2 (“New Exceptions”) is first issued on or after the Interim Date, Buyer will be entitled to object to the New Exceptions by delivering a supplemental
Title Notice to Seller no later than five (5) business days following Buyer’s receipt of such supplement or update. If Buyer timely delivers a supplemental Title Notice to Seller with respect to any New Exceptions, Seller shall have five
(5) business days within which to deliver Seller’s Response. If Seller does not timely deliver a Seller’s Response, Seller shall be deemed to have elected to not remove or otherwise cure any New Exceptions disapproved by Buyer. If
Seller elects, or is deemed to have elected, not to remove or otherwise cure a New Exception disapproved in Buyer’s supplemental Title Notice, and the same has an economic impact of more than [***] Dollars ($[***]), Buyer may either waive the
objection or terminate this Agreement and the Escrow (in which case the Deposit shall be returned to Buyer). If necessary, the Closing Date shall be extended to allow for the review and response process relating to any New Exceptions. Unless Buyer
is entitled to and timely objects to such New Exceptions, all such New Exceptions shall be deemed to constitute additional Permitted Exceptions. 

4.3 Conditions Precedent to Buyer’s Obligations: 

4.3.1 Title Policy. On or before the Closing, Title Company shall have committed to issue to Buyer the Title Policy described in
Section 3.3. 
 4.3.2 Seller’s Performance. Seller shall have duly performed in all material respects each and
every covenant of Seller hereunder. 
 4.3.3 Accuracy of Representations and Warranties. On the Closing Date, all representations
and warranties made by Seller in Section 11 shall be true and correct in all material respects as if made on and as of the Closing Date except for any inaccuracies therein actually known by Buyer. 

4.4 Failure of Conditions Precedent to Buyer’s Obligations. Buyer’s obligations with respect to the transactions contemplated
by this Agreement are subject to the satisfaction of the conditions precedent to such obligations for Buyer’s benefit set forth in Section 4.3. If Buyer fails to deliver Buyer’s Approval Notice or if Buyer terminates this
Agreement by notice to Seller because of the failure of such conditions precedent, then (i) Escrow Holder shall return the Deposit to Buyer (plus interest accrued on the Deposit only while held by Escrow Holder but less the Independent
Consideration) in accordance with Buyer’s written instructions within five (5) business days following Buyer’s delivery of a written termination notice to Seller and Escrow Holder, (ii) Seller and Buyer shall each pay one-half ( 1⁄2) of any Escrow cancellation fees or charges, and (iii) except for Buyer’s indemnity, restoration and
confidentiality obligations and any other provisions under the Agreement which expressly survive termination of the Agreement, the parties shall have no further rights or obligations to one another under this Agreement. 

4.5 Conditions Precedent to Seller’s Obligations. The Close of Escrow and Seller’s obligations with respect to the
transactions contemplated by this Agreement are subject to the timely satisfaction or waiver of the following conditions: (i) Buyer shall have duly performed in all material respects each and every covenant of Buyer hereunder, and
(ii) Buyer’s 

  

					
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representations and warranties set forth in this Agreement shall be true and correct in all material respects as of the Closing Date as if made on and as of the Closing Date, except for any
inaccuracies therein actually known by Seller. Without limitation of the foregoing, Buyer shall have timely delivered the Purchase Price pursuant to the provisions of Section 2, above. 

5. Deliveries to Escrow Holder. 

5.1 Seller’s Deliveries. Seller hereby covenants and agrees to deliver or cause to be delivered to Escrow Holder at least
one (1) business day prior to the Closing Date (or other date specified) the following funds, instruments and documents, the delivery of each of which shall be a condition to the Close of Escrow: 

5.1.1 Deed. One (1) Grant Deed (the “Deed”) in the form of Exhibit B attached hereto, duly
executed and acknowledged in recordable form by Seller, conveying Seller’s interest in the entirety of the Real Property to Buyer; 

5.1.2 Non-Foreign Certifications. Certificates duly executed by Seller in the forms of
Exhibits C-1 and C-2 attached hereto (the “Tax Certificates”); 

5.1.3 Termination or Assignment of Intuit Lease. At Buyer’s option, two (2) counterparts of either a Termination of Intuit
Lease (the “Termination of Intuit Lease”), duly executed by Seller, pursuant to which Seller and Buyer shall terminate the Intuit Lease as of the Closing Date, or an Assignment of Intuit Lease (the “Assignment of Intuit
Lease”), duly executed by Seller, pursuant to which Seller shall assign to Buyer all of Seller’s right, title and interest in, under and to the Intuit Lease; 

5.1.4 Assignment of Contracts and Assumption Agreement. Two (2) counterparts of the Assignment of Contracts and Assumption
Agreement (“Assignment of Contracts”) duly executed by Seller in the form attached hereto as Exhibit D pursuant to which Seller shall assign to Buyer all of Seller’s right, title and interest in, under and to
the Approved Contracts; 
 5.1.5 Bill of Sale. Two (2) counterparts of a Bill of Sale (“Bill of Sale”) duly
executed by Seller in the form attached hereto as Exhibit E conveying Seller’s right, title and interest in and to the Personal Property; 

5.1.6 General Assignment. Two (2) counterparts of a General Assignment duly executed by Seller in the form of
Exhibit F attached hereto (the “General Assignment”), pursuant to which Seller shall assign to Buyer all of Seller’s right, title and interest in and to the Intangible Personal Property; 

5.1.7 Proof of Authority; Owner’s Affidavit. Such proof of Seller’s authority and authorization to enter into this Agreement
and the transactions contemplated hereby, and such proof of the power and authority of the individual(s) executing and/or delivering any instruments, documents or certificates on behalf of Seller to act for and bind Seller, as may be reasonably
required by Title Company, together with such owner’s affidavits 

  

					
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and certificates as to the occupancy of the Property and status of work at the Property in the form reasonably and customarily required by the Title Company (and reasonably acceptable to Seller),
including, without limitation, any applicable “gap” indemnity agreement; and 
 5.1.8 Turnover. Seller shall deliver the
Personal Property (and, to the extent Seller is obligated under this Agreement, any other materials, items or any other portion of the Property (e.g., keys, equipment manuals, on-site equipment, etc.)) to Buyer as of the Closing either by
(i) delivering the same directly to Buyer outside of Escrow, or (ii) leaving such materials and items at the Property; provided, however, with respect to the Approved Contracts, Seller shall, to the extent in the possession
or control of Seller, any affiliate of Seller or Seller’s property manager, deliver originals of the same to Buyer upon the Closing. Without limitation on the foregoing, Seller shall at Closing, to the extent in Seller’s, any affiliate of
Seller’s or Seller’s property manager, possession or control as of the Closing, deliver (or leave at the Property) copies of utility bills, real property tax bills, operating statements and records which are material to the continued
operation and leasing of the Property (excluding any privileged, confidential or proprietary documents) for the period of Seller’s ownership of the Property preceding the Closing. 

5.2 Buyer’s Deliveries. Buyer hereby covenants and agrees to deliver or cause to be delivered to Escrow Holder at least
one (1) business day prior to the Closing Date (provided that the balance of the Purchase Price shall be delivered at the time required pursuant to Section 2.3 hereof) the following funds, instruments and documents, the delivery of
each of which shall be a condition to the Close of Escrow: 
 5.2.1 Buyer’s Funds. The balance of the Purchase Price, and such
additional funds, if any, necessary to comply with Buyer’s obligations hereunder regarding prorations, credits, costs and expenses; 

5.2.2 Assignment of Contracts. Two (2) counterparts of the Assignment of Contracts duly executed by Buyer; 

5.2.3 Termination or Assignment of Intuit Lease. At Buyer’s option, two (2) counterparts of the Termination of Intuit Lease
duly executed by Buyer, or two (2) counterparts of the Assignment of Intuit Lease duly executed by Buyer; 
 5.2.4 Bill of
Sale. Two (2) counterparts of the Bill of Sale duly executed by Buyer; 
 5.2.5 General Assignment. Two (2)
counterparts of the General Assignment duly executed by Buyer; and 
 5.2.6 Proof of Authority. Such proof of Buyer’s authority
and authorization to enter into this Agreement and the transactions contemplated hereby, and such proof of the power and authority of the individual(s) executing and/or delivering any instruments, documents or certificates on behalf of Buyer to act
for and bind Buyer, as may be reasonably required by Title Company. 

  

					
		  	-13-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 6. Deliveries Upon Close of Escrow. Upon Escrow Holder’s receipt of all of
Seller’s deliveries and Buyer’s deliveries as set forth above, and authorization from both Seller and Buyer to proceed with Closing, Escrow Holder shall promptly undertake all of the following with respect to the Property: 

6.1 Tax Filings. The Title Company shall file the information return for the sale of the Property required by Section 6045 of the
Internal Revenue Code of 1986, as amended, and the Income Tax Regulations thereunder. 
 6.2 Prorations. Prorate all matters
referenced in Section 8 based upon the statement delivered into Escrow signed by the parties; 
 6.3 Recording. Cause the
Deed (with documentary transfer tax information to be affixed) and any other documents which the parties hereto may direct, to be recorded in the Official Records in the order directed by the parties; 

6.4 Seller Funds. Deduct all items chargeable to the account of Seller pursuant to Section 7, below. If, as the result of
the net prorations and credits pursuant to Section 8, amounts are to be charged to the account of Seller, deduct the total amount of such charges (unless Seller elects to deposit additional funds for such items in Escrow); and if amounts
are to be credited to the account of Seller, disburse such amounts to Seller, or in accordance with Seller’s instructions, at Close of Escrow. Disburse the Purchase Price to Seller, or as otherwise directed by Seller, promptly upon the Close of
Escrow in accordance with Seller’s wire transfer instructions. 
 6.5 Buyer Funds. Disburse from funds deposited by Buyer with
Escrow Holder towards payment of all items and costs (including, without limitation, the Purchase Price, which shall be disbursed in accordance with Section 6.4 above and this Section 6.5) chargeable to the account of Buyer
pursuant hereto in payment of such items and costs and disburse the balance of such funds, if any, to Buyer; 
 6.6 Documents to
Seller. Deliver to Seller counterpart originals of the Assignment of Contracts, the Termination of Intuit Lease or Assignment of Intuit Lease (as the case may be), the Bill of Sale and the General Assignment appropriately executed by Buyer, and
a conformed copy of the recorded Deed; 
 6.7 Documents to Buyer. Deliver to Buyer an original of the Tax Certificates, and
counterpart originals of the Assignment of Contracts, the Termination of Intuit Lease or Assignment of Intuit Lease (as the case may be), the Bill of Sale and the General Assignment appropriately executed by Seller, a conformed copy of the recorded
Deed, and, when issued, the Title Policy; and 
 6.8 Title Policy. Direct the Title Company to issue the Title Policy to Buyer. 

7. Costs and Expenses. Seller shall pay through Escrow (i) that portion of the Title Policy premium for standard CLTA owner’s
coverage, (ii) all documentary county and city transfer taxes, (iii) one-half ( 1⁄2) of the Escrow Holder’s fee, and (iv) the cost of any
title endorsements requested by Seller in order to cure any disapproved title matters Seller has elected 

  

					
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to cure pursuant to Section 4.2 above. In addition, Seller shall pay outside of Escrow all legal and professional fees and costs of attorneys and other consultants and agents retained
by Seller. Buyer shall pay through Escrow (w) all document recording charges, (x) the additional premium for the Title Policy for ALTA extended coverage and any title endorsements requested by Buyer, (y) one-half ( 1⁄2) of the Escrow Holder’s fee, and (z) all charges for the updates to any ALTA survey. Buyer shall pay outside of Escrow all costs and expenses related
to the Due Diligence Investigations, and all legal and professional fees and costs of attorneys and other consultants and agents retained by Buyer. 

8. Prorations. The following prorations between Seller and Buyer shall be made by Escrow Holder computed as of the Close of Escrow, in
each instance based on either a 365-day year, or, for any amounts payable or calculated on a monthly or other basis, the actual number of days in the calendar month or applicable period in which the Closing occurs: 

8.1 Ad Valorem Taxes. All non-delinquent real estate and personal property taxes attributable to the Property will be prorated at
Closing. Seller shall be charged with all such taxes up to, but not including, the Closing Date. If the applicable tax rate and assessments for the Property have not been established for the period in which Closing occurs, the proration of real
estate and/or personal property taxes, as the case may be, will be based upon the rate and assessments for the immediately preceding period and promptly re-prorated upon the availability of actual bills for the applicable period. All taxes imposed
because of a change of use of the Property after Closing will be paid by Buyer. Real property tax refunds and credits received after the Closing which are attributable to a fiscal tax year prior to the Closing shall belong to Seller, and those which
are attributable to the fiscal tax year in which the Closing occurs shall be prorated based upon the date of Closing. 
 8.2 Excise,
Transfer and Sales Taxes. Buyer will be responsible for the payment of all excise, transfer, sales and use taxes imposed with respect to the conveyance of the Personal Property contemplated by this Agreement and will indemnify, defend and hold
Seller harmless from the payment of such taxes. The parties acknowledge that no material portion of the Purchase Price has been allocated to the Personal Property 

8.3 Lease Rentals. All non-delinquent rents (including all accrued tax and operating expense pass-throughs), charges and revenue of any
kind receivable from that certain Office Lease dated March 28, 2005 by and between Seller and Buyer, as amended by that certain First Amendment to Lease dated as of March 31, 2006, that certain Second Amendment to Lease dated as of
February 23, 2010, and that certain Third Amendment to Lease dated as of February 1, 2013 (collectively, the “Intuit Lease”) and any other income of the Property will be prorated at Closing. Seller will receive all rents
(including all accrued tax and operating expense pass-throughs), charges and other revenue of any kind receivable from the Intuit Lease up to, but not including, the Closing Date. Any delinquent rents of any kind receivable from the Intuit Lease for
any period before Closing shall be paid by Buyer to Seller at Closing in addition to the Purchase Price. Notwithstanding the foregoing, if any of such operating expenses and other charges and expenses are payable by Buyer (in its capacity as tenant)
under the Intuit Lease (collectively, the “Tenant Charges”) on an estimated basis, then the Tenant Charges shall be reconciled against actual charges and expenses as of and at the Closing, to the extent then possible, and Seller
shall provide a proposed 

  

					
		  	-15-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
reconciliation for Buyer’s reasonable approval. Seller shall have until the date that is ninety (90) days after the Closing Date to provide Buyer with a final reconciliation of any
Tenant Charges for (i) calendar year 2015 that have not yet been reconciled between Buyer and Seller pursuant to the terms of the Intuit Lease, and (ii) Seller’s period of ownership in calendar year 2016 (the “Final
Reconciliation”). If the Final Reconciliation shows that Seller owes Buyer additional sums, Seller shall deliver such amount to Buyer together with the delivery of the Final Reconciliation of the Tenant Charges. If the Final Reconciliation
shows that Buyer owes Seller additional sums, Buyer shall deliver such amount to Seller together within ten (10) days after Buyer’s receipt of the Final Reconciliation from Seller. All of Buyer’s rights as Tenant under the Intuit
Lease with regard to the “Statement” set forth in Section 4.8 of the Intuit Lease shall apply equally to the Final Reconciliation. The foregoing covenants made by the parties with respect to the Final Reconciliation of the
Tenant Charges shall survive the Closing. 
 8.4 Operating Expenses. All utility service charges for electricity, heat and air
conditioning service, other utilities, elevator maintenance, common area maintenance, taxes other than real estate taxes such as rental taxes, other expenses incurred in operating the Property that Seller customarily pays and that are not paid
pursuant to the Intuit Lease on an estimated or other basis, and any other costs incurred in the ordinary course of business or the management and operation of the Property not so paid pursuant to the Intuit Lease, shall be prorated on an accrual
basis. Seller shall pay all such expenses that accrue prior to the Close of Escrow and Buyer shall pay all such expenses accruing on the Close of Escrow and thereafter. Seller and Buyer shall use commercially reasonable efforts to obtain billings
and meter readings as of the Close of Escrow to aid in such prorations. 
 8.5 Contracts. Amounts payable under the Approved
Contracts shall be prorated on an accrual basis. Seller shall pay all amounts due thereunder which accrue prior to the Close of Escrow and Buyer shall pay all amounts accruing on the Close of Escrow and thereafter. 

8.6 Proration Statement. At least two (2) business days prior to the Close of Escrow, the parties shall agree upon all of the
prorations to be made and submit a statement to Escrow Holder setting forth the same. In the event that any prorations, apportionments or computations made under this Section 8 shall require final adjustment, then the parties shall make
the appropriate adjustments promptly when accurate information becomes available and either party hereto shall be entitled to an adjustment to correct the same, but in no event shall such final adjustment occur later than one hundred
eighty (180) days following the Close of Escrow (other than with respect to the Final Reconciliation). Any corrected adjustment or proration shall be paid in cash to the party entitled thereto. The provisions of this Section 8 shall
survive the Close of Escrow. 
 9. Covenants of Seller. Seller hereby covenants with Buyer, as follows: 

9.1 Contracts. Between the Effective Date and the expiration of the Property Approval Period, Seller shall not enter into any new
Contracts or any amendments or modifications to the existing Contracts (collectively, “New Contracts”) which provide for more than a thirty (30) day termination provision without obtaining Buyer’s written consent, which
shall not be unreasonably withheld, conditioned or delayed, and which 

  

					
		  	-16-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
consent will be deemed to have been given by Buyer if Buyer does not notify Seller in writing to the contrary within three (3) business days after Seller provides written notice to Buyer of
such New Contract. Subsequent to the expiration of the Property Approval Period, and continuing until the Closing (provided the Agreement has not been terminated), Seller will not enter into any New Contracts without Buyer’s prior written
consent, which consent may be withheld in Buyer’s sole discretion, and which consent will be deemed to have been given by Buyer if Buyer does not notify Seller in writing to the contrary within three (3) business days after Seller provides
written notice to Buyer of such New Contract. Without limiting the generality of the foregoing, Seller will provide Buyer with copies of all New Contracts. 

9.2 Leases. Between the Effective Date and the Closing Date (provided the Agreement has not been terminated), Seller will not enter
into any new leases, licenses or other occupancy agreements (collectively, “New Leases”). 
 9.3 Operation in the
Ordinary Course. Subject to Sections 9.1 and 9.2, above, and except to the extent that such maintenance is the obligation of Buyer (in its capacity as tenant) under the Intuit Lease, from the date of this Agreement until the
Close of Escrow, Seller shall (i) operate and manage the Property in the ordinary course and consistent with Seller’s past practices, (ii) maintain all present insurance, services and amenities as required by the Intuit Lease,
(iii) maintain the Property in substantially the same condition and repair as on the Effective Date, reasonable wear and tear exception (but Seller shall not be required to make capital improvements except as required by the Intuit Lease),
(iv) keep on hand sufficient materials, supplies, equipment and other personal property for the efficient operation and management of the Property, and (v) perform when due, and otherwise comply with, all of Seller’s obligations and
duties under the Approved Contracts, and all of Seller’s obligations and duties as Landlord under the Intuit Lease. None of the Personal Property shall be removed from the Real Property, unless replaced by unencumbered personal property of
equal or greater utility and value. All Personal Property and Intangible Personal Property shall be conveyed to Buyer by Seller at the Close of Escrow free from any liens, encumbrances or security interests of any kind or nature other than the
Permitted Exceptions. 
 10. “AS-IS” Sale and Purchase. Buyer acknowledges, by its initials as set forth below, that the
provisions of this Section 10 have been required by Seller as a material inducement to enter into the contemplated transactions, and the intent and effect of such provisions have been explained to Buyer by Buyer’s counsel and have
been understood and agreed to by Buyer. 
 10.1 Buyer’s Acknowledgment. As a material inducement to Seller to enter into this
Agreement and to convey the Property to Buyer, Buyer hereby acknowledges and agrees that: 
 10.1.1 AS-IS. Except as otherwise
expressly set forth in this Agreement, and subject to Seller’s representation and warranties set forth in Section 11 of this Agreement, Buyer is purchasing the Property in its existing condition, “AS-IS, WHERE-IS, WITH ALL
FAULTS,” and upon the Closing Date has made or has waived all inspections and investigations of the Property and its vicinity which Buyer believes are necessary to protect its own interest in, and its contemplated use of, the Property. 

  

					
		  	-17-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

					
		  	 /s/ RNW
	  	
		  	Buyer’s Initials	  	

 10.1.2 No Representations. Other than the express representations and warranties of Seller contained
in Section 11 or otherwise in this Agreement and the “Other Documents” (as that term is defined in Section 16.4 below), neither Seller, nor Kilroy Realty Corporation, Kilroy Services, LLC, nor any of their
respective affiliates, partners, members, officers, directors, trustees, employees, agents, lenders, and its and their their respective successors and assigns (Seller and all of said entities and individuals are collectively referred to herein as
the “Seller Group”) has made any representation, warranty, inducement, promise, agreement, assurance or statement, directly or indirectly, oral or written, of any kind to Buyer upon which Buyer has or is relying, or in connection
with which Buyer has made or will make any decisions concerning the Property or its vicinity including, without limitation, its use, condition, value, compliance with “Governmental Regulations,” as that term is defined below, the existence
or absence of “Hazardous Substances,” as that term is defined below, on or under the Property, or the permissibility, feasibility, or convertibility of all or any portion of the Property for any particular use or purpose, including,
without limitation, its present or future prospects for sale, lease, development, occupancy or suitability as security for financing. As used in this Agreement, the following definitions shall apply: (i) the term “Governmental
Regulations” means any laws (including “Environmental Laws,” as that term is defined below), ordinances, rules, requirements, resolutions, policy statements and regulations (including, without limitation, those relating to land
use, subdivision, zoning, Hazardous Substances, occupational health and safety, handicapped access, water, earthquake hazard reduction, and building and fire codes) of any governmental or quasi-governmental body or agency claiming jurisdiction over
the Property, (ii) the term “Environmental Laws” shall mean all federal, state and local laws, ordinances, rules and regulations now or hereafter in force, as amended from time to time, and all federal and state court
decisions, consent decrees and orders interpreting or enforcing any of the foregoing, in any way relating to or regulating human health or safety, or industrial hygiene or environmental conditions, or protection of the environment, or pollution or
contamination of the air, soil, surface water or groundwater, and includes, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 United States Code Section 9601, et seq., the Resource
Conservation and Recovery Act, 42 United States Code Section 6901, et seq., and the Clean Water Act, 33 United States Code Section 1251, et seq., (iii) “Hazardous Substances” shall mean any substance or material that
is or becomes described as a toxic or hazardous substance, waste or material or a pollutant or contaminant, or words of similar import, in any of the Environmental Laws, and includes asbestos or asbestos containing material, petroleum (including,
without limitation, flammable explosives, crude, oil or any fraction thereof, natural gas, natural gas liquids, liquefied natural gas, or synthetic gas usable for fuel, or any mixture thereof), petroleum, petroleum-based products and petroleum
additives and derived substances, lead-based paint, viruses, mold, fungi or bacterial matter, the group of compounds known as polychlorinated biphenyls, urea formaldehyde, radon gas, radioactive matter, medical waste, and chemicals which may cause
cancer or reproductive toxicity. 

  

					
		  	-18-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

					
		  	 /s/ RNW
	  	
		  	Buyer’s Initials	  	

 10.1.3 No Implied Warranties. Excluding any representation or warranty set forth in
Section 11 or otherwise in this Agreement or in the Other Documents, Seller hereby specifically disclaims: (a) all warranties implied by law arising out of or with respect to the execution of this Agreement, any aspect or element of
the Property, or the performance of Seller’s obligations hereunder including, without limitation, all implied warranties of merchantability, habitability and/or fitness for a particular purpose; and (b) any warranty, guaranty or
representation, oral or written, past, present or future, of, as to, or concerning (i) the nature and condition of the Property or other items conveyed hereunder, including, without limitation, the water, soil, and geology, the suitability
thereof and of the Property or other items conveyed hereunder for any and all activities and uses which Buyer may elect to conduct thereon, the existence of any environmental hazards or conditions thereon (including but not limited to the presence
of asbestos or other Hazardous Substances) or compliance with applicable Environmental Laws; (ii) the nature and extent of any right-of-way, lease, possession, lien, encumbrance, license, reservation, condition or otherwise; and (iii) the
compliance of the Property or other items conveyed hereunder or its operation with any Governmental Regulations. 
  

					
		  	 /s/ RNW
	  	
		  	Buyer’s Initials	  	

 10.1.4 Information Supplied by Seller. Buyer specifically acknowledges and agrees that, except as
expressly contained in Section 11 or otherwise in this Agreement and the Other Documents, the Seller Group has made no representation or warranty of any nature concerning the accuracy or completeness of any documents delivered or made
available for inspection by Seller to Buyer, including, without limitation, the Due Diligence Items and the offering packages and memoranda distributed with respect to the Property, and that Buyer has undertaken such inspections of the Property as
Buyer deems necessary and appropriate and that Buyer is relying solely upon such investigations and not on any of the Due Diligence Items or any other information provided to Buyer by or on behalf of Seller. As to the Due Diligence Items, Buyer
specifically acknowledges that they have been prepared by third parties with whom Buyer has no privity and Buyer acknowledges and agrees that no warranty or representation, express or implied, has been made, nor shall any be deemed to have been
made, to Buyer with respect thereto, either by the Seller Group or by any third parties that prepared the same. Buyer specifically acknowledges that Seller has disclosed to Buyer the matters (collectively, the “Special Disclosure
Matters”) described on Exhibit I attached hereto. 
  

					
		  	 /s/ RNW
	  	
		  	Buyer’s Initials	  	

 10.1.5 Release. AS OF THE CLOSE OF ESCROW, BUYER AND THE BUYER PARTIES HEREBY FULLY AND IRREVOCABLY
RELEASE AND FOREVER DISCHARGE THE SELLER GROUP OF AND FROM ANY AND ALL MANNER OF ACTION OR ACTIONS, CAUSE OR CAUSES OF ACTION, AT LAW OR IN EQUITY (INCLUDING, WITHOUT LIMITATION, IN TORT), SUIT, DEBTS, LIENS, CONTRACTS,

  

					
		  	-19-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
AGREEMENTS, PROMISES, LIABILITIES, CLAIMS, DEMANDS, DAMAGES, LOSSES, COSTS OR EXPENSES, OF ANY NATURE WHATSOEVER, KNOWN OR UNKNOWN, FIXED OR CONTINGENT (COLLECTIVELY, “CLAIMS”)
THAT THE BUYER PARTIES MAY HAVE OR HEREAFTER ACQUIRE AGAINST EACH AND ANY OF THE SELLER GROUP ARISING FROM OR RELATED TO IN ANY WAY THE PROPERTY, THE CONDITION OF THE PROPERTY, THIS AGREEMENT, THE OTHER DOCUMENTS AND THE TRANSACTIONS CONTEMPLATED
HEREBY, INCLUDING, WITHOUT LIMITATION, ANY LATENT OR PATENT CONSTRUCTION DEFECTS, ERRORS OR OMISSIONS, COMPLIANCE WITH LAW MATTERS, THE PRESENCE, DISCOVERY OR REMOVAL OF HAZARDOUS SUBSTANCES AND OTHER ENVIRONMENTAL MATTERS WITHIN, UNDER OR UPON, OR
IN THE VICINITY OF THE PROPERTY, INCLUDING, WITHOUT LIMITATION, ANY ENVIRONMENTAL LAWS AND THE SPECIAL DISCLOSURE MATTERS. THE FOREGOING RELEASE BY BUYER AND THE BUYER PARTIES SHALL INCLUDE, WITHOUT LIMITATION, ANY CLAIMS BUYER AND/OR THE BUYER
PARTIES MAY HAVE PURSUANT TO ANY STATUTORY OR COMMON LAW RIGHT BUYER MAY HAVE TO RECEIVE DISCLOSURES FROM SELLER, INCLUDING, WITHOUT LIMITATION, ANY DISCLOSURES AS TO THE PROPERTY’S LOCATION WITHIN AREAS DESIGNATED AS SUBJECT TO FLOODING, FIRE,
SEISMIC OR EARTHQUAKE RISKS BY ANY FEDERAL, STATE OR LOCAL ENTITY, THE PRESENCE OF HAZARDOUS SUBSTANCES ON OR BENEATH THE PROPERTY, THE NEED TO OBTAIN FLOOD INSURANCE, THE CERTIFICATION OF WATER HEATER BRACING AND/OR THE ADVISABILITY OF OBTAINING
TITLE INSURANCE, OR ANY OTHER CONDITION OR CIRCUMSTANCE AFFECTING THE PROPERTY, ITS FINANCIAL VIABILITY, USE OR OPERATION, OR ANY PORTION THEREOF. THIS RELEASE INCLUDES CLAIMS OF WHICH BUYER IS PRESENTLY UNAWARE OR WHICH BUYER DOES NOT PRESENTLY
SUSPECT TO EXIST IN ITS FAVOR WHICH, IF KNOWN BY BUYER, WOULD MATERIALLY AFFECT BUYER’S RELEASE OF THE SELLER GROUP. IN CONNECTION WITH THE GENERAL RELEASE SET FORTH IN THIS SECTION 10.1.5, BUYER SPECIFICALLY WAIVES THE PROVISIONS
OF CALIFORNIA CIVIL CODE SECTION 1542, WHICH PROVIDES AS FOLLOWS: 
 “A general release does not extend to claims which the
creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” 

 

					
		  	 /s/ RNW
	  	
		  	Buyer’s Initials	  	

 Notwithstanding anything to the contrary set forth in this Section 10.1.5, the foregoing release is not intended
to and does not cover (i) any claims arising from a breach of Seller’s representations or warranties under this Agreement or under the Other Documents, (ii) any breach by Seller of an express obligation of Seller under this Agreement
or the Other Documents which by its terms survives the Close of Escrow, or (iii) any claims asserted against Buyer by the defendants in the litigation referenced on Exhibit I attached hereto, and Seller hereby agrees to protect,
indemnify, defend and hold Buyer free and harmless from and against any and all loss, liability, cost, 

  

					
		  	-20-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
damage and expense (including reasonable attorneys’ fees) in connection therewith; provided, however, Buyer expressly acknowledges and agrees that (x) if and to the extent
necessary, Buyer will use commercially reasonable efforts to cooperate with Seller’s prosecution of such litigation (at no cost to Buyer), and (y) any and all judgment amounts, awards, costs, expenses, settlement amounts, and/or any other
type of proceeds that may be awarded to the plaintiff in such litigation shall be the sole and separate property of Seller. 
 10.1.6
California Natural Hazard Disclosure. Buyer acknowledges that any seller owning property located in the State of California is required to disclose if such property lies within the following natural hazardous areas or zones: (a) a
special flood hazard area (any type Zone “A” or “V”) designated by the Federal Emergency Management Agency (Cal. Gov. Code section 8589.3); (b) an area of potential flooding shown on a dam failure inundation map designated
pursuant to Cal. Gov. Code section 8589.5 (Cal. Gov. Code section 8589.4); (c) a very high fire hazard severity zone designated pursuant to Cal. Gov. Code section 51178 or 51179 (in which event the owner maintenance obligations of Cal. Gov.
Code section 51182 would apply) ( Cal. Gov. Code section 51183.5); (d) a wildland area that may contain substantial forest fire risks and hazards designated pursuant to Cal. Pub. Resources Code section 4125 (in which event (i) such seller
would be subject to maintenance requirements of Cal. Pub. Resources Code section 4291 and (ii) it would not be the State of California’s responsibility to provide fire protection services to any building or structure located within the
wildland area except, if applicable, pursuant to Cal. Pub. Resources Code section 4129 or pursuant to a cooperative agreement with a local agency for those purposes pursuant to Cal. Pub. Resources Code section 4142) (Cal. Pub. Resources Code section
4136); (e) an earthquake fault zone (Cal. Pub. Resources Code section 2621.9); or (f) a seismic hazard zone (and, if applicable, whether a landslide zone or liquefaction zone) (Cal. Pub. Resources Code section 2694). Prior to the Effective
Date, Seller delivered to Buyer a natural hazards disclosure statement with respect to the foregoing matters (the “Natural Hazard Disclosure Statement”). Buyer acknowledges that the Natural Hazards Disclosure Statement fully and
completely discharges such Seller from its disclosure obligations under California Civil Code Section 1103, and, for the purpose of this Agreement, the provisions of Civil Code Section 1103.4 regarding the non-liability of Seller for
errors or omission not within its personal knowledge shall be deemed to apply. Buyer acknowledges and agrees that Buyer will independently evaluate and investigate whether any or all of such natural hazards affect the applicable Property, and Seller
shall have no liabilities or obligations with respect thereto. Prior to the Contingency Date, Buyer shall execute and deliver to Seller an acknowledgement of receipt of the Natural Hazards Disclosure Statement. Buyer acknowledges and agrees that the
matters set forth in the Natural Hazard Disclosure Statement may change on or following the Closing Date for such Property and that Seller has no obligation to update, modify, or supplement the Natural Hazard Disclosure Statement following such
Closing Date. Buyer shall be solely responsible for preparing and delivering its own Natural Hazard Disclosure Statement to subsequent prospective buyers of the Property, to the extent required. BUYER ACKNOWLEDGES AND REPRESENTS THAT IT HAS
EXTENSIVE EXPERIENCE ACQUIRING AND CONDUCTING DUE DILIGENCE REGARDING COMMERCIAL PROPERTIES. THIS PROVISION IS AN ESSENTIAL ASPECT OF THE BARGAIN BETWEEN THE PARTIES. The provisions of this Section shall survive the Closing. 

  

					
		  	-21-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 10.1.7 Section 25359.7. Buyer acknowledges and agrees that the sole inquiry and
investigation Seller conducted in connection with the environmental condition of the Property is to obtain the environmental report(s) which are part of the Due Diligence Items and that, for purposes of California Health and Safety Code
Section 25359.7, Seller has acted reasonably in relying upon said inquiry and investigation, and the delivery of this Agreement constitutes written notice to Buyer under such code section. 

10.2 Survival. The provisions of this Section 10 shall survive any termination of this Agreement and the Closing. 

11. Seller’s Representations and Warranties. Subject to the Special Disclosure Matters, and matters contained in the Due Diligence
Items, if any, Seller hereby makes the following representations and warranties with respect to the Property, which shall be true and correct as of the date of this Agreement and as of the Closing. Notwithstanding anything to the contrary contained
herein or in any document delivered in connection herewith, Seller shall have no liability with respect to the Special Disclosure Matters. 

11.1 Formation; Authority. Seller is duly formed, validly existing, and in good standing under laws of the state of its formation.
Seller has full power and authority to enter into this Agreement and to perform this Agreement. The execution, delivery and performance of this Agreement by Seller have been duly and validly authorized by all necessary action on the part of Seller
and all required consents and approvals have been duly obtained. All requisite action has been taken by Seller in connection with the entering into of this Agreement and the instruments referenced herein and the consummation of the transactions
contemplated hereby. The individual(s) executing this Agreement and the instruments referenced herein on behalf of Seller have the legal power, right and actual authority to bind Seller to the terms and conditions hereof and thereof. 

11.2 No Conflict. Neither the execution and delivery of this Agreement and the documents and instruments referenced herein, nor
the occurrence of the obligations set forth herein, nor the consummation of the transaction contemplated herein, nor compliance with the terms of this Agreement and the documents and instruments referenced herein conflict with or result in the
material breach of any terms, conditions or provisions of, or constitute a default under, any bond, note, or other evidence of indebtedness or any contract, indenture, mortgage, deed of trust, loan, partnership agreement, lease or other agreement or
instrument to which Seller is a party. 
 11.3 Bankruptcy. Seller has not (a) commenced a voluntary case, or had entered
against it a petition, for relief under any federal bankruptcy act or any similar petition, order or decree under any federal or state law or statute relative to bankruptcy, insolvency or other relief for debtors, (b) caused, suffered or
consented to the appointment of a receiver, trustee, administrator, conservator, liquidator, or similar official in any federal, state, or foreign judicial or non-judicial proceeding, to hold, administer and/or liquidate all or substantially all of
its assets, or (c) made an assignment for the benefit of creditors. 

  

					
		  	-22-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 11.4 Prohibited Persons and Transactions.

11.4.1 Prohibited Persons; Foreign Corrupt Practices Act and Anti-Money Laundering. Neither Seller nor any of its affiliates, nor any
of their respective members, partners or other equity holders, and none of their respective officers, directors or managers is, nor prior to Closing or the earlier termination of this Agreement, will they become a person or entity with whom U.S.
persons or entities are restricted from doing business under (a) the Patriot Act (as defined below), (b) any other requirements contained in the rules and regulations of the Office of Foreign Assets Control, Department of the Treasury
(“OFAC”) (including any “blocked” person or entity listed in the Annex to Executive Order Nos. 12947, 13099 and 13224 and any modifications thereto or thereof or any other person or entity named on OFAC’s Specially
Designated Blocked Persons List) or (c) any other U.S. statute, Executive Order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit or Support
Terrorism) or other governmental action (collectively, “Prohibited Persons”). During Seller’s period of ownership of the Property, Seller, and to Seller’s Knowledge, its employees and any person or entity
(“Person”) acting on its behalf have at all times fully complied with, and are currently in full compliance with, the Foreign Corrupt Practices Act of 1977 and any other applicable anti-bribery or anti-corruption laws. Seller is not
entering into this Agreement, directly or indirectly, in violation of any laws relating to drug trafficking, money laundering or predicate crimes to money laundering. As used herein, “Patriot Act” shall mean the USA Patriot Act of 2001,
107 Public Law 56 (October 26, 2001) and in other statutes and all orders, rules and regulations of the U.S. government and its various executive departments, agencies and offices interpreting and implementing the Patriot Act. 

11.4.2 Prohibited Transactions. Seller shall not, directly or indirectly, use, lend or otherwise make available the proceeds paid to
it under this Agreement to any subsidiary, joint venture partner or other person or entity to fund or facilitate any activities of or business with any person that, at the time of such funding or facilitation, is a Prohibited Person. 

11.5 Leases and Contracts. Other than the Intuit Lease, there are no leases, licenses or other similar occupancy agreements with
respect to the leasing or occupancy of the Property. There are no leasing, listing or brokerage agreements to which Seller is a party (or which Seller has assumed in writing) which would require the payment of any commission, fee or other
consideration to any third party in connection with the exercise of any renewal, extension, expansion or other option by Buyer (in its capacity as tenant) under the Intuit Lease. Other than the Contracts listed on Exhibit G attached
hereto, as of the Effective Date and as of the Closing Date, there are no contracts for maintenance, service or other operating contracts, equipment leases or other agreements with respect to all or any portion of the Property to which Seller is a
party (or which Seller has assumed in writing) which will, by their respective terms, survive the Closing (except for any New Contracts approved by Buyer pursuant to Section 9.1 above). 

11.6 Legal Compliance; Hazardous Substances; Physical Defects. Except as set forth on Exhibit I attached hereto or
as may be included in the Due Diligence Items, Seller has not received any written notice from any governmental agency that the Property or any condition existing thereon or any present use thereof currently violates any Governmental Regulations
applicable to the Property (including, without limitation, applicable Environmental Laws). To Seller’s Knowledge, during Seller’s ownership of the Property, no release of any Hazardous Substances has occurred on or under the Property. To
Seller’s Knowledge, Seller has disclosed to Buyer any material adverse physical defect of the Property. 

  

					
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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 11.7 Litigation. Except as may be disclosed on Exhibit I attached
hereto or as may be included in the Due Diligence Items, Seller has not received written notice of any litigation, arbitration or other legal or administrative suit, action, proceeding or investigation of any kind pending or threatened in writing
against or involving Seller relating to the Property or any part thereof, including, but not limited to, any condemnation action relating to the Property or any part thereof. 

11.8 Foreign Person. Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code of 1986,
as amended, and the Income Tax Regulations thereunder. 
 11.9 Due Diligence Items. The Due Diligence Items delivered to Buyer are
complete copies thereof as contained in Seller’s files. 
 11.10 Subsequent Changes. If, after the Effective Date, Seller
obtains knowledge of any fact or circumstance which would “materially and adversely,” as defined below, change one of its foregoing representations or warranties, then Seller will promptly give notice of each changed fact or circumstance
to Buyer. For purposes of this Section 11.10, “materially and adversely” shall mean any matter or matters that relates to any of the representations or warranties made in this Section 11 could reasonably be
expected to result in damages of and/or decrease the value of the Property by more than [***] Dollars ($[***]). Upon Buyer becoming aware of each fact which would materially and adversely change any of the representations or warranties contained in
this Section 11 or elsewhere in this Agreement or in any Other Document (“Seller’s Representations”) or would otherwise constitute a breach thereof by Seller, Buyer, as its sole and exclusive remedy at law or in
equity, shall on each occasion have the option of (i) waiving each such breach of warranty or change, and proceeding with the Close of Escrow, or (ii) terminating this Agreement, in which event the Deposit and any other funds deposited by
Buyer into the Escrow and all interest earned thereon shall be returned to Buyer. Each election shall be made by Buyer not later than five (5) business days from Buyer actually becoming aware of each fact. If Buyer does not timely elect to
terminate this Agreement pursuant to this Section 11.10 on account of such breach of warranty or change, then Buyer shall be deemed to have (a) irrevocably elected to waive its rights to terminate this Agreement pursuant to this
Section 11.10 on account of such breach of warranty or change, (b) elected to acquire the Property on the terms set forth in this Agreement, and (c) waived all remedies at law or in equity with respect to any representations or
warranties resulting from such facts or circumstances disclosed by Seller in its notice to Buyer or of which Buyer becomes aware prior to Closing, and Seller’s representations and warranties set forth in this Agreement shall be deemed to have
been modified by all such disclosures. Anything contained herein to the contrary notwithstanding, if (x) Buyer has actual knowledge of any inaccuracy in any of Seller’s representations and warranties contained herein or in any Other
Document, whether as a result of notice from Seller, Buyer’s own investigations or inquiries or otherwise, or (y) any information contained in any material posted in Seller’s online diligence room or otherwise delivered electronically
from Seller to Buyer is in any way inconsistent with any of Seller’s Representations (and therefore Buyer has deemed knowledge of such inconsistent 

  

					
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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
information), and notwithstanding clause (x) and clause (y) Buyer nonetheless proceeds with the Closing of the transactions contemplated hereby, then Seller’s
representations and warranties shall be deemed qualified and amended or modified to the full extent of Buyer’s actual or deemed knowledge, Buyer shall be deemed to have accepted and approved Seller’s representations and warranties as so
qualified and amended or modified, and Buyer shall have no right or remedy, and Seller shall have no obligation or liability, on account thereof. In no event shall Seller be liable to Buyer for (except to the extent expressly elected by Seller
pursuant to this Section 11.10, above), or be deemed to be in default under this Agreement by reason of, any breach of a representation or warranty if Buyer had actual or deemed knowledge thereof prior to Closing. 

11.11 Seller’s Knowledge. Whenever phrases such as “to Seller’s knowledge” or “Seller has no
knowledge” or similar phrases are used in the foregoing representations and warranties, or otherwise used herein with regard to the “knowledge” of Seller, they will be deemed to refer exclusively to matters within the current
actual (as opposed to constructive) knowledge of the applicable Seller’s Representative. Seller represents that Brian Galligan is the person most knowledgeable with respect to the day-to-day operations of the Property, Justin Smart is the
person most knowledgeable with respect to the litigation referenced on Exhibit I attached hereto, and Lindsay Florin is the person most knowledgeable with respect to any other litigation matters affecting the Property. No duty of
inquiry or investigation on the part of Seller or any of Seller’s Representatives will be required or implied by the making of any representation or warranty which is so limited to matters within Seller’s current actual knowledge, and in
no event shall any of Seller’s Representatives have any personal liability therefor. 
 11.12 Survival. All of the foregoing
representations and warranties of Seller, as updated as of the Closing in accordance with the terms of this Agreement, will survive Closing for a period of one (1) year after the Closing Date (the “Survival Period”). No claim
for a breach of any representation or warranty of Seller will be actionable or payable if (i) Buyer does not notify Seller in writing of such breach and commence a “legal action” thereon within the Survival Period, or (ii) the
breach in question results from or is based on a condition, state of facts or other matter which was actually known to Buyer prior to Closing. Notwithstanding any provision of this Agreement to the contrary, in no event shall Seller be liable for
any consequential damages of Buyer or any punitive or special damages with respect to Seller’s obligations under this Agreement, the Other Documents or otherwise with respect to the Property. 

12. Buyer’s Representations and Warranties. The following constitute representations and warranties of Buyer, which shall be true
and correct as of the date of this Agreement and as of the Closing and shall survive Closing for the Survival Period: 
 12.1 Formation;
Authority. Buyer is duly formed, validly existing and in good standing under the laws of the state of its formation. Buyer has full power and authority to enter into this Agreement and the instruments referenced herein, and to consummate the
transactions contemplated hereby. All requisite action has been taken by Buyer in connection with the entering into this Agreement and the instruments referenced herein, and the consummation of the transactions contemplated hereby. The individuals
executing this Agreement and the instruments referenced herein on behalf of Buyer have the legal power, right and actual authority to bind Buyer to the terms and conditions hereof and thereof. 

  

					
		  	-25-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 12.2 No Conflict. Neither the execution and delivery of this Agreement and the
documents and instruments referenced herein, nor the occurrence of the obligations set forth herein, nor the consummation of the transaction contemplated herein, nor compliance with the terms of this Agreement and the documents and instruments
referenced herein conflict with or result in the material breach of any terms, conditions or provisions of, or constitute a default under, any bond, note, or other evidence of indebtedness or any contract, indenture, mortgage, deed of trust, loan,
partnership agreement, lease or other agreement or instrument to which Buyer is a party. 
 12.3 Bankruptcy. Buyer has not
(a) commenced a voluntary case, or had entered against it a petition, for relief under any federal bankruptcy act or any similar petition, order or decree under any federal or state law or statute relative to bankruptcy, insolvency or other
relief for debtors, (b) caused, suffered or consented to the appointment of a receiver, trustee, administrator, conservator, liquidator, or similar official in any federal, state, or foreign judicial or non-judicial proceeding, to hold,
administer and/or liquidate all or substantially all of its assets, or (c) made an assignment for the benefit of creditors. 
 12.4
Prohibited Persons and Transactions.
 12.4.1 Prohibited Persons; Foreign Corrupt Practices Act and Anti-Money Laundering.
Neither Buyer nor, to Buyer’s actual knowledge, any of its affiliates, nor any of their respective members, partners or other equity holders, and none of their respective officers, directors or managers is, nor prior to Closing or the earlier
termination of this Agreement, will they become a person or entity with whom U.S. persons or entities are restricted from doing business under (a) the Patriot Act (as defined below), (b) any other requirements contained in the rules and
regulations of the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) (including any “blocked” person or entity listed in the Annex to Executive Order Nos. 12947, 13099 and 13224 and any modifications
thereto or thereof or any other person or entity named on OFAC’s Specially Designated Blocked Persons List) or (c) any other U.S. statute, Executive Order (including the September 24, 2001, Executive Order Blocking Property and
Prohibiting Transactions with Persons Who Commit, Threaten to Commit or Support Terrorism) or other governmental action (collectively, “Prohibited Persons”). Buyer, and to Buyer’s actual knowledge, its employees and any Person
acting on its behalf have at all times fully complied with, and are currently in full compliance with, the Foreign Corrupt Practices Act of 1977 and any other applicable anti-bribery or anti-corruption laws. Buyer is not entering into this
Agreement, directly or indirectly, in violation of any laws relating to drug trafficking, money laundering or predicate crimes to money laundering. As used herein, “Patriot Act” shall mean the USA Patriot Act of 2001, 107 Public Law
56 (October 26, 2001) and in other statutes and all orders, rules and regulations of the U.S. government and its various executive departments, agencies and offices interpreting and implementing the Patriot Act. 

12.4.2 Prohibited Transactions Buyer shall not, directly or indirectly, use, lend or otherwise make available the proceeds paid to it
under this Agreement to any subsidiary, joint venture partner or other person or entity to fund or facilitate any activities of or business with any person that, at the time of such funding or facilitation, is a Prohibited Person. 

  

					
		  	-26-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 13. Casualty and Condemnation. 

13.1 Material Casualty. In the event that prior to the Close of Escrow any Building of the Real Property, or any material portion
thereof, is destroyed or materially damaged, Buyer shall have the right, exercisable by giving written notice to Seller within ten (10) days after receipt of written notice of such damage or destruction, either (i) to terminate this
Agreement in which event the Deposit and all interest accrued thereon shall be promptly returned to Buyer, any other money or documents in Escrow shall be returned to the party depositing the same, and the provisions of Section 4.4 shall
apply, or (ii) to accept the Property in its then condition and to proceed with the consummation of the transaction contemplated by this Agreement, with an abatement or reduction in the Purchase Price in the amount of the deductible for the
applicable insurance coverage, if and to the extent such deductible is not Buyer’s responsibility (in its capacity as tenant) under the Intuit Lease, and Buyer shall be entitled to an assignment of all of Seller’s rights to any insurance
proceeds payable by reason of such damage or destruction, other than rental abatement/rent loss insurance attributable to the period of time prior to the Closing which shall be retained by or paid to Seller. If Buyer fails to deliver written notice
to Seller of Buyer’s election within the time period specified in this Section 13.1, Buyer shall be deemed to have elected alternative (ii) above. If Buyer elects (or is deemed to have elected pursuant to the immediately
preceding sentence) to proceed under clause (ii) above, Seller shall not compromise, settle or adjust any claims to such insurance proceeds without Buyer’s prior written consent, not to be unreasonably withheld, conditioned, or delayed.
For purposes of this Section 13, damage to any Building of the Property shall be deemed to involve a material portion thereof if the estimated cost of restoration or repair, as estimated by Seller in its reasonable discretion, of such
damage shall exceed [***] percent ([***]%) of the Purchase Price. 
 13.2 Non-Material
Casualty. In the event that prior to the Close of Escrow there is any non-material damage to the Real Property, or any part thereof, Seller shall, subject to the following sentence, repair or replace such damage prior to the Close of Escrow.
Notwithstanding the preceding sentence, in the event Seller elects not to or is unable to repair or replace such damage, Seller shall notify Buyer in writing of such fact and Buyer shall thereafter accept the Property in its then condition, and
proceed with the transaction contemplated by this Agreement and Buyer shall receive an abatement or reduction in the Purchase Price in the amount of (a) the deductible for the applicable insurance coverage, if and to the extent such deductible
is not Buyer’s responsibility (in its capacity as tenant) under the Intuit Lease, and (b) the cost to repair any damage which is self-insured by Seller or not covered by Seller’s insurance, and Buyer shall be entitled to an assignment
of all of Seller’s rights to any insurance proceeds payable by reason of such damage or destruction, other than rental abatement/rent loss insurance attributable to the period of time prior to the Closing which shall be retained by or paid to
Seller. In the event Seller does not repair or replace such damages, Seller shall not compromise, settle or adjust any claims to such insurance proceeds without Buyer’s prior written consent, not to be unreasonably withheld, conditioned, or
delayed. 
 13.3 Condemnation. In the event that prior to the Close of Escrow, any portion of the Property is subject to a taking by
any public or governmental authority, Buyer shall accept the Property in its then condition and proceed with the consummation of the transaction contemplated by this Agreement, in which event Buyer shall be entitled to an assignment of all of
Seller’s rights to any award or proceeds payable in connection with such taking (other than 

  

					
		  	-27-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
any award or proceeds applicable to pre-Closing periods, for example in the case of a temporary taking). In the event of any taking, Seller shall not compromise, settle or adjust any claims to
such award without Buyer’s prior written consent. 
 13.4 Notice of Casualty and Condemnation. Seller agrees to give Buyer
prompt written notice of any taking of, proposed taking of, damage to or destruction of the Real Property. 
 14. Notices. All
notices, consents, requests, reports, demands or other communications hereunder (collectively, “Notices”) shall be in writing and may be given personally or by Federal Express (or other reputable overnight delivery service) as
follows: 
  

					
	To Seller:	    	Kilroy Realty, L.P.
		    	12200 West Olympic Boulevard, Suite 200
		    	Los Angeles, California 90064
		    	Attn:	 	Mr. Jeffrey C. Hawken
		    	Fax No.:	 	(310) 481.6540
		    	E-mail:  jhawken@kilroyrealty.com
		
	With copies to:	    	Kilroy Realty, L.P.
		    	12200 West Olympic Boulevard, Suite 200
		    	Los Angeles, California 90064
		    	Attn:	 	Legal Department
		    	Fax No.:	 	(310) 481.6530
		    	E-mail:  legalnotifications@kilroyrealty.com
		
	and:	    	Allen Matkins Leck Gamble Mallory & Natsis LLP
		    	1901 Avenue of the Stars, Suite 1800
		    	Los Angeles, California 90067
		    	Attn: Anton N. Natsis, Esq.
		    	Fax No.: (310) 788.2410
		    	Email: tnatsis@allenmatkins.com
		
	To Buyer:	    	At Buyer’s Notice Address set forth in the Summary and Definition of Basic Terms.
		
	To Escrow Holder:	    	At Escrow Holder’s Address set forth in the Summary and Definition of Basic Terms.

 or to such other address or such other person as the addressee party shall have last designated by Notice to the other
party. Any Notice will be deemed given on the date of receipted delivery, the date of refusal to accept delivery, or when delivery is first attempted but cannot be made due to a change of address for which no Notice was given. Notwithstanding the
foregoing, to the extent a Notice is (i) delivered via facsimile or e-mail, and (ii) the original of which is delivered personally or via overnight delivery service as identified hereinabove, then such Notice shall be deemed given upon the
date of transmission of such facsimile or e-mail. In any event, the party delivering Notice shall use commercially reasonable efforts to provide a courtesy copy of each such Notice to the receiving party via electronic mail (provided that such email
notice shall not, except as expressly set forth above, constitute a formal notice under the terms of this Section 14). 

  

					
		  	-28-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 15. Broker Commissions. With respect to the transaction contemplated by this
Agreement, Seller and Buyer each represents to the other that no brokerage commission, finder’s fee or other compensation of any kind is due or owing to any person or entity other than to Broker (which commission to Broker is due pursuant to a
separate written agreement between Seller and Broker). Each party hereby agrees that if any person or entity makes a claim for brokerage commissions or finder’s fees related to the sale of the Property by Seller or the acquisition of the
Property by Buyer, and such claim is made by, through or on account of any acts or alleged acts of said party or its representatives, then said party will protect, indemnify, defend and hold the other party free and harmless from and against any and
all loss, liability, cost, damage and expense (including reasonable attorneys’ fees) in connection therewith. The provisions of this paragraph shall survive Closing or any termination of this Agreement. 

16. Default. 
 16.1
Default by Seller. In the event that, prior to the Closing, Seller fails to perform any of the covenants or agreements contained herein which are to be performed by Seller prior to the Closing, and Seller does not cure such failure within the
earlier of the scheduled date for Closing hereunder or five (5) business days of receipt of written notice thereof from Buyer, Buyer may, at its option and as its exclusive remedy, either (i) terminate this Agreement by giving written
notice of termination to Seller whereupon Escrow Holder will return to Buyer the Deposit (less the Independent Consideration), and both Buyer and Seller will be relieved of any further obligations or liabilities hereunder, except for those
obligations which expressly survive any termination hereof, or (ii) Buyer may seek specific performance of this Agreement. Buyer shall be deemed to have elected to terminate this Agreement and receive back the Deposit if Buyer fails to file
suit for specific performance against Seller in a court having jurisdiction in the county and state in which the Property is located, on or before the date that is forty-five (45) days following the date upon which the Closing was to have
occurred. Except as specifically set forth in this Agreement, Buyer does hereby specifically waive any right to pursue any other remedy at law or equity for such pre-Closing default of Seller, including, without limitation, any right to seek, claim
or obtain damages, punitive damages or consequential damages. Nothing contained in this Section shall limit Buyer’s right to receive reimbursement for costs and expenses pursuant to Section 18.5 below, nor waive or affect
Seller’s indemnity and confidentiality obligations hereunder. 
 16.2 Default by Buyer. IN THE EVENT THE CLOSE OF ESCROW DOES
NOT OCCUR AS HEREIN PROVIDED BY REASON OF ANY DEFAULT OF BUYER, BUYER AND SELLER AGREE THAT IT WOULD BE IMPRACTICAL AND EXTREMELY DIFFICULT TO ESTIMATE THE DAMAGES WHICH SELLER MAY SUFFER. THEREFORE BUYER AND SELLER DO HEREBY AGREE THAT A REASONABLE
ESTIMATE OF THE TOTAL NET DETRIMENT THAT SELLER WOULD SUFFER IN THE EVENT THAT BUYER DEFAULTS AND FAILS TO COMPLETE THE PURCHASE OF THE PROPERTY IS AND SHALL BE AN AMOUNT EQUAL TO THE DEPOSIT, TOGETHER WITH THE ACCRUED INTEREST THEREON; AND, AS
SELLER’S SOLE AND EXCLUSIVE REMEDY (WHETHER AT LAW OR IN EQUITY), SAID AMOUNT 

  

					
		  	-29-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
SHALL BE DISBURSED TO SELLER AS THE FULL, AGREED AND LIQUIDATED DAMAGES FOR A BREACH OF THIS AGREEMENT BY BUYER WHICH RESULTS IN THE CLOSE OF ESCROW NOT OCCURRING, ALL OTHER CLAIMS TO DAMAGES OR
OTHER REMEDIES IN RESPECT OF BUYER’S BREACH OF THIS AGREEMENT BEING HEREIN EXPRESSLY WAIVED BY SELLER. SUCH PAYMENT OF THE DEPOSIT IS NOT INTENDED AS A PENALTY, BUT AS FULL LIQUIDATED DAMAGES. NOTHING CONTAINED IN THIS SECTION SHALL LIMIT
SELLER’S RIGHT TO RECEIVE REIMBURSEMENT FOR COSTS AND EXPENSES PURSUANT TO SECTION 18.5 BELOW, NOR WAIVE OR AFFECT BUYER’S INDEMNITY AND CONFIDENTIALITY OBLIGATIONS. 

 

							
	 /s/ JH THR
	 		 	 /s/ RNW
	 	
	SELLER’S INITIALS	 		 	BUYER’S INITIALS	 	

 16.3 AS A MATERIAL CONSIDERATION FOR SELLER ENTERING INTO THIS AGREEMENT, BUYER EXPRESSLY WAIVES FOR ANY
DEFAULT BY SELLER (A) ANY RIGHT UNDER CALIFORNIA CODE OF CIVIL PROCEDURE, PART 2, TITLE 4.5, SECTION 4.05 THROUGH 4.05.61 OR ANY OTHER SIMILAR STATE OR FEDERAL STATUTE, OR AT COMMON LAW OR OTHERWISE TO RECORD OR FILE A LIS PENDENS OR A NOTICE
OF PENDENCY OF ACTION OR SIMILAR NOTICE AGAINST ALL OR ANY PORTION OF THE PROPERTY UNLESS AND UNTIL BUYER HAS ELECTED TO SEEK SPECIFIC PERFORMANCE OF THIS AGREEMENT AND HAS FILED AN ACTION SEEKING SUCH REMEDY, (B) ANY RIGHT TO SEEK DAMAGES IN
THE EVENT OF SELLER’S PRE-CLOSING DEFAULT UNDER THIS AGREEMENT; PROVIDED, HOWEVER, PURSUANT TO SECTION 16.4 BELOW, BUYER DOES NOT WAIVE ANY OF ITS RIGHTS TO SEEK DAMAGES FOR SELLER’S BREACH OF ANY OF ITS REPRESENTATIONS OR
WARRANTIES SET FORTH IN THIS AGREEMENT, SO LONG AS BUYER FIRST OBTAINS ACTUAL KNOWLEDGE OF SUCH BREACH AFTER THE CLOSING, OR FOR ANY BREACH OF SELLER’S OBLIGATIONS OR COVENANTS SET FORTH IN THIS AGREEMENT THAT EXPRESSLY SURVIVE THE CLOSING, SO
LONG AS BUYER FIRST OBTAINS ACTUAL KNOWLEDGE OF SUCH BREACH AFTER THE CLOSING, AND (C) UNLESS AND UNTIL BUYER HAS ELECTED TO SEEK SPECIFIC PERFORMANCE OF THIS AGREEMENT AND HAS FILED AN ACTION SEEKING SUCH REMEDY, BUYER’S RIGHT TO BRING
ANY ACTION THAT WOULD IN ANY WAY AFFECT TITLE TO OR RIGHT OF POSSESSION OF ALL OR ANY PORTION OF THE PROPERTY. EACH OF BUYER AND SELLER HEREBY WAIVES THE PROVISIONS OF CALIFORNIA CIVIL CODE SECTION 3389 AND ANY SIMILAR STATE OR FEDERAL STATUTE.
BUYER ACKNOWLEDGES AND AGREES THAT PRIOR TO THE CLOSING, BUYER SHALL NOT HAVE ANY RIGHT, TITLE OR INTEREST IN AND TO THE PROPERTY OR ANY PORTION THEREOF UNLESS AND UNTIL BUYER HAS ELECTED TO SEEK SPECIFIC PERFORMANCE OF THIS AGREEMENT AND HAS FILED
AN ACTION SEEKING SUCH REMEDY. EACH OF BUYER AND SELLER HEREBY EVIDENCES ITS SPECIFIC AGREEMENT TO THE TERMS OF THIS WAIVER BY PLACING ITS SIGNATURE OR INITIALS IN THE SPACE PROVIDED HEREINAFTER. 

  

					
		  	-30-	  	 Kilroy Realty, L.P. - Purchase Agreement

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 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 
							
	 /s/ RNW
	 		 	 /s/ JH THR
	 	
	BUYER’S INITIALS	 		 	SELLER’S INITIALS	 	

 16.4 Indemnities; Defaults After Closing or Termination. The limitations on the parties’
remedies set forth in Sections 16.1 and 16.2, above, will not be deemed to prohibit either party from (i) specifically seeking indemnification from the other for any matter with respect to which such other party has agreed
hereunder to provide indemnification or from seeking damages from such other party in the event such other party fails or refuses to provide such indemnification; (ii) subject to the terms, conditions and limitations of this Agreement, seeking
damages incurred during the period of time after Closing that a representation or warranty given as of the Closing Date by the other party hereunder survives Closing, for the other party’s breach of such representation or warranty discovered
after such Closing; or (iii) subject to the terms, conditions and limitations of this Agreement seeking damages or such equitable relief as may be available for the other party’s failure to perform after any termination of this Agreement
or the Closing any obligation hereunder which expressly survives such termination or the Closing, as applicable; provided, however, that in no event whatsoever will either party be entitled to recover from the other any punitive, consequential or
speculative damages under or in connection with this Agreement. This Section 16.4 shall survive any termination of this Agreement and the Closing. 

 

							
	 /s/ JH THR
	 		 	 /s/ RNW
	 	
	SELLER’S INITIALS	 		 	BUYER’S INITIALS	 	

 16.5 Limited Liability. Notwithstanding anything to the contrary herein, Buyer on its own behalf
and on behalf of its agents, members, partners, employees, representatives, officers, directors, agents, investors, lenders, prospective lenders, paralegals, attorneys, underwriters, auditors, consultants, and related and affiliated entities,
successors and assigns (each, a “Buyer Party” and collectively, the “Buyer Parties”) hereby agrees that in no event or circumstance shall any of the members, partners, employees, representatives, officers,
directors, agents, property management company, affiliated or related entities of Seller or Seller’s property management company, have any personal liability under this Agreement. Seller on its own behalf and on behalf of its agents, members,
partners, employees, representatives, related and affiliated entities, successors and assigns hereby agrees that in no event or circumstance shall any of the Buyer Parties have any personal liability under this Agreement. Notwithstanding anything to
the contrary contained herein: (i) the maximum liability of Seller, and the maximum aggregate amount which may be awarded to and collected by Buyer (including, without limitation, for any breach of any representation, warranty, indemnity and/or
covenant of Seller) under this Agreement or any documents executed pursuant hereto or in connection herewith, arising out of or in any way connected with the sale of the Property to Buyer or otherwise with respect to a matter, obligation or
liability arising out of or in any way connected to the Property, including, without limitation, the Exhibits attached hereto (collectively, the “Other Documents”) shall, under no circumstances whatsoever, exceed [***] Dollars
($[***]) (the “Cap Amount”); provided, however, the Cap Amount shall not apply to any damages, awards or recovery for Seller’s liability that arises out of Seller’s acts or omissions constituting fraud, willful misconduct
or gross negligence, and there shall be no maximum liability for any of the foregoing acts by Seller; and (ii) no claim by Buyer alleging a breach by Seller of any representation, warranty, indemnity

  

					
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and/or covenant of Seller contained herein or any of the Other Documents may be made, and Seller shall not be liable for any judgment in any action based upon any such claim, unless and until
such claim, either alone or together with any other claims by Buyer alleging a breach by Seller of any such representation, warranty and/or covenant, is for an amount in excess of [***] Dollars ($[***]) on an aggregate basis (the “Floor
Amount”), in which event Seller’s liability respecting any final judgment concerning such claim or claims shall be for the entire amount thereof, subject to the Cap Amount set forth in clause (i) above; provided, however, that if
any such final judgment is for an amount that is less than or equal to the Floor Amount, then Seller shall have no liability with respect thereto. Notwithstanding any provision of this Agreement to the contrary, in no event shall Seller be liable
for any consequential damages of Buyer or any punitive or special damages with respect to Seller’s obligations under this Agreement, the Other Documents or otherwise with respect to the Property. This Section 16.5 shall survive any
termination of this Agreement and the Closing. 
 17. Assignment. Buyer may not assign, transfer or convey its rights and obligations
under this Agreement or in the Property without the prior written consent of Seller, which consent may be given or withheld in Seller’s sole discretion, and no such approved assignment shall relieve Buyer from its liability under this
Agreement. Notwithstanding the foregoing, but subject to the terms of this Section 17 below, Seller’s consent shall not be required to a full or partial assignment by Buyer to one or more entities controlling, controlled by, or
under common control with Buyer, it being understood that, in the event of a partial assignment or an assignment to multiple assignees, Buyer and/or such assignees may take title to the Property as tenants in common (and, in such event, the closing
documents shall be modified as necessary to accommodate such tenant in common ownership); provided that (a) Buyer shall send Seller written notice of such assignment at least ten (10) business days prior to Closing, which request shall
include the legal names and description of the ownership of the assignee, (b) the assignees shall expressly assume all of Buyer’s obligations hereunder pursuant to a written assignment and assumption agreement, a copy of which shall be
provided to Seller prior to the Closing (although such assignment and assumption may be made effective as of Closing), (c) in no event shall any assignment of this Agreement release or discharge Buyer from any liability or obligation hereunder
unless expressly agreed otherwise by Seller in writing, (d) in no event shall there be more than one Deed for the Property, and (e) in no event shall any assignment of this Agreement interfere with or restrict Seller’s ability to
qualify the sale of Property as an exchange of like-kind property in accordance with the terms of Section 19 below. Seller acknowledges that Buyer may, as part of the Closing, convey one or more of the Parcels from the entity which takes
title from Seller to one or more entities and/or trusts controlling, controlled by, or under common control with Buyer pursuant to deeds which will be recorded immediately following the recordation of the Deed. 

18. Miscellaneous. 
 18.1
Governing Law. The parties hereto expressly agree that this Agreement shall be governed by, interpreted under, and construed and enforced in accordance with the laws of the State of California. 

18.2 Partial Invalidity. If any term or provision or portion thereof of this Agreement or the application thereof to any person or
circumstance shall, to any extent, be 

  

					
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invalid or unenforceable, the remainder of this Agreement, or the application of such term or provision or portion thereof to persons or circumstances other than those as to which it is held
invalid or unenforceable, shall not be affected thereby, and each such term and provision of this Agreement shall be valid and be enforced to the fullest extent permitted by law. 

18.3 Waivers. No waiver of any breach of any covenant or provision herein contained shall be deemed a waiver of any preceding or
succeeding breach thereof, or of any other covenant or provision herein contained. No extension of time for performance of any obligation or act shall be deemed an extension of the time for performance of any other obligation or act. 

18.4 Successors and Assigns. Subject to the provisions of Section 17, this Agreement shall be binding upon and shall inure
to the benefit of the successors and assigns of the parties hereto. 
 18.5 Professional Fees. In the event of the bringing of any
action or suit by a party hereto against another party hereunder by reason of any breach of any of the covenants, agreements or provisions on the part of the other party arising out of this Agreement, then in that event the prevailing party shall be
entitled to have and recover of and from the other party all costs and expenses of the action or suit and any appeals therefrom, and enforcement of any judgment in connection therewith, including actual attorneys’ fees, accounting and
engineering fees, and any other professional fees resulting therefrom. This Section 18.5 shall survive any termination of this Agreement and the Closing. 

18.6 Entire Agreement. This Agreement (including all Exhibits attached hereto) is the final expression of, and contains the entire
agreement between, the parties with respect to the subject matter hereof and supersedes all prior understandings with respect thereto. This Agreement may not be modified, changed, supplemented or, except as expressly set forth herein, terminated,
nor may any obligations hereunder be waived, except by written instrument signed by the party to be charged or by its agent duly authorized in writing or as otherwise expressly permitted herein. This Agreement may be executed in one or more
counterparts, each of which shall be an original, and all of which together shall constitute a single instrument. The parties do not intend to confer any benefit hereunder on any person, firm or corporation other than the parties hereto. 

18.7 Time of Essence/Business Days. Seller and Buyer hereby acknowledge and agree that time is strictly of the essence in this
Agreement as to each and every term, condition, obligation and provision hereof in which time is an element of performance and that failure to timely perform any of the terms, conditions, obligations or provisions hereof by either party shall
constitute a material breach of and a non-curable (but waivable) default under this Agreement by the party so failing to perform. Unless the context otherwise requires, all periods terminating on a given day, period of days, or date shall terminate
at 5:00 p.m. (Pacific Time) on such date or dates, and references to “days” shall refer to calendar days except if such references are to “business days” which shall refer to days which are not Saturday, Sunday or a legal
holiday. Notwithstanding the foregoing, if any period terminates on a Saturday, Sunday or a legal holiday, under the laws of the State of California, the termination of such period shall be on the next succeeding business day. 

  

					
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 18.8 Construction. Headings at the beginning of each paragraph and subparagraph are
solely for the convenience of the parties and are not a part of the Agreement. Whenever required by the context of this Agreement, the singular shall include the plural and the masculine shall include the feminine and vice versa. This Agreement
shall not be construed as if it had been prepared by one of the parties, but rather as if both parties had prepared the same. Unless otherwise indicated, all references to sections are to this Agreement. All exhibits referred to in this Agreement
are attached and incorporated by this reference. In the event the date on which Buyer or Seller is required to take any action under the terms of this Agreement is not a business day, the action shall be taken on the next succeeding business day.

 18.9 No Third-Party Beneficiary. The provisions of this Agreement and of the documents to be executed and delivered at Closing are
and will be for the benefit of Seller and Seller Group and Buyer and the Buyer Parties only and are not for the benefit of any third party; and, accordingly, no third party shall have the right to enforce the provisions of this Agreement or of the
documents to be executed and delivered at Closing. 
 19. 1031 Exchange. Upon the request of a party hereto (the
“Requesting Party”), the other party (the “Cooperating Party”) shall cooperate with the Requesting Party in Closing the sale of the Property in accordance with this Agreement so as to qualify such transaction as an
exchange of like-kind property; provided, however, the Cooperating Party shall not be required to take title to any exchange property and the Cooperating Party will not be required to agree to or assume any covenant, obligation or liability in
connection therewith, the Closing hereunder shall not be delayed as a result of, or conditioned upon, such exchange, the Requesting Party shall pay all costs associated with such exchange, and the Requesting Party shall remain primarily liable under
this Agreement and indemnify the Cooperating Party from any liability in connection with such exchange. The provisions of this Section 19 shall survive the Closing. 

20. Confidentiality. Subject to Section 21 below, Seller and Buyer agree that (a) except as otherwise provided or
required by valid law. court order or subpoena, (b) except to the extent such party considers such documents or information reasonably necessary to prosecute and/or defend any claim made with respect to the Property or this Agreement, and
(c) except to the extent reasonably necessary to deliver such documents or disclose such information to its employees, paralegals, attorneys, consultants, and/or Third Parties in connection with its evaluation of this transaction,
(i) Buyer and all Buyer Parties, and Seller, Seller’s members, partners, employees, representatives, officers, directors, agents, consultants, related and affiliated entities, paralegals, attorneys, underwriters, auditors, successors and
assigns (collectively, the “Seller’s Representatives”), shall keep the contents of any materials, reports, documents, data, test results, and other information related to the transaction contemplated hereby, including any
materials prepared by or for Buyer, with or that contain any such information, including, without limitation, the Due Diligence Items and all information regarding Seller’s sale or Buyer’s acquisition of the Property, strictly
confidential, (ii) Seller, Seller’s Representatives, Buyer and all Buyer Parties shall keep and maintain the contents of this Agreement, including, without limitation, the amount of consideration being paid by Buyer for the Property
strictly confidential, and (iii) Seller and Seller’s Representatives (subject to the terms of Section 21 below) and Buyer and all Buyer Parties shall refrain from generating or participating in any publicity or press release
regarding this transaction without the prior written 

  

					
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consent of the other party hereto. The confidential information covered by this Section 20 shall not include any information which is or becomes publicly available (other than through
the breach of the terms hereof) or information which is independently generated by Seller, Seller’s Representatives, Buyer or any Buyer Party without reference to such confidential information provided by the other party. Buyer acknowledges
that significant portions of the Due Diligence Items are proprietary in nature and that Seller would suffer significant and irreparable harm in the event of the misuse or disclosure of the Due Diligence Items. Without affecting any other rights or
remedies that either party may have, (x) Buyer acknowledges and agrees that Seller shall be entitled to seek the remedies of injunction, specific performance and other equitable relief for any breach, threatened breach or anticipatory breach of
the provisions of this Section 20 by Buyer or any Buyer Party, and (y) Seller acknowledges and agrees that Buyer shall be entitled to seek the remedies of injunction, specific performance and other equitable relief for any breach,
threatened breach or anticipatory breach of the provisions of this Section 20 by Seller or any of Seller’s Representatives. The provisions of this Section 20 shall survive any termination of this Agreement and shall
survive the Closing. 
 21. Press Releases; Disclosure of Information. Notwithstanding any provision to the contrary set forth in
this Agreement, prior to the Contingency Date and Buyer’s delivery of the Additional Deposit to Escrow Holder, neither Seller nor Buyer shall make any disclosures with respect to this Agreement or the transaction contemplated hereby, except to
the extent required by law (e.g., in filings required by the Securities Exchange Commission and/or in connection with audits or the offering of securities), and in the event such a disclosure is required by law, the disclosing party shall give
notice to the other party no less than five (5) days’ prior to such disclosure, and shall make reasonable modifications to such disclosure as may be reasonably requested by the other party. After the Contingency Date (provided this
Agreement has not been sooner terminated) and Buyer’s delivery of the Additional Deposit to Escrow Holder, either party may issue press releases in the ordinary course of business announcing that Seller is under contract to sell the Property to
Buyer, including customary disclosures; provided, however, that neither party may disclose in any press release, without the other party’s consent, (I) the Purchase Price under this Agreement, or (II) yield or net operating
income relating to the Property or Buyer’s acquisition thereof. In the event of any contemplated disclosure by either party pursuant to the foregoing sentence, such party shall give reasonable prior notice to the other party and make reasonable
modifications as may be reasonably requested by the other party. Notwithstanding anything to the contrary contained in this Section 20, with respect to any post-Closing press releases, either party may release press releases in the
ordinary course of business without the other party’s consent; provided, however, neither party may disclose in any press release, without the other party’s consent, (x) the Purchase Price under this Agreement, or
(y) yield or net operating income relating to the Property or Buyer’s acquisition thereof. The provisions of this Section 21 shall survive Closing. 

22. Energy Performance Disclosure Information. Buyer acknowledges that Seller may be required to disclose certain information
concerning the energy performance of the Property pursuant to California Public Resources Code Section 25402.10 and the regulations adopted pursuant thereto (collectively the “Energy Disclosure Requirements”). Buyer
acknowledges receipt of the Data Verification Checklist(s), as defined in the Energy Disclosure Requirements (the “Energy Disclosure Information”) prior to the Effective Date of this

  

					
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Agreement, and agrees that Seller has timely complied in full with Seller’s obligations under the Energy Disclosure Requirements. Buyer acknowledges and agrees that (i) Seller makes no
representation or warranty regarding the energy performance of the Property or the accuracy or completeness of the Energy Disclosure Information, (ii) the Energy Disclosure Information is for the current occupancy and use of the Property and
that the energy performance of the Property may vary depending on future occupancy and/or use of the Property, and (iii) Seller shall have no liability to Buyer for any errors or omissions in the Energy Disclosure Information. If and to the
extent not prohibited by applicable law, Buyer hereby waives any right it may have to receive the Energy Disclosure Information, including, without limitation, any right Buyer may have to terminate this Agreement as a result of Seller’s failure
to disclose such information. Further, Buyer hereby releases Seller from any liability Seller may have to Buyer relating to the Energy Disclosure Information, including, without limitation, any liability arising as a result of Seller’s failure
to disclose the Energy Disclosure Information to Buyer prior to the execution of this Agreement. Buyer’s approval of the condition of the Property pursuant to the terms of this Agreement shall be deemed to include Buyer’s approval of the
energy performance of the Property and the Energy Performance Disclosure Information. The terms of this Section 22 shall survive the Closing or any earlier termination of this Agreement. 

23. Survival. Except as expressly set forth to the contrary herein, no representations, warranties, covenants or agreements of Seller
contained herein shall survive the Closing. 
 24. Drafts Not an Offer to Enter Into a Legally Binding Contract. The parties hereto
agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be
legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of
the parties in its respective sole discretion, and both Seller and Buyer have fully executed, delivered and received each other’s counterpart of this Agreement. 

25. Neighboring Property. As of the Effective Date, Seller owns certain real property located adjacent to and/or nearby the Property,
described as Phase II and III of the Santa Fe Summit Project and depicted on the Concept Architectural Site Plan prepared by Architects Hanna Gabriel Wells, plotted 12/17/2008, sheet 9 of 29 (the “Site Plan”), [***] (collectively
the “Neighboring Property”). Seller expressly represents [***]. 
 [remainder of page intentionally left blank] 

  

					
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date.

  

									
	“SELLER”	 		 	KILROY REALTY, L.P.,
		 		 	a Delaware limited partnership
				
		 		 	By:	 	Kilroy Realty Corporation,
		 		 		 	a Maryland corporation
		 		 	Its:	 	General Partner
					
		 		 		 	By:	 	 /s/ JEFFREY C. HAWKEN

		 		 		 	Name:	 	 Jeffrey C. Hawken

		 		 		 	Title:	 	 Executive Vice President

		 		 		 		 	Chief Operating Officer
					
		 		 		 	By:	 	 /s/ TYLER H. ROSE

		 		 		 	Name:	 	 Tyler H. Rose

		 		 		 	Title:	 	 Executive Vice President

		 		 		 		 	Chief Financial Officer
			
	“BUYER”	 		 	INTUIT INC.,
		 		 	a Delaware corporation
				
		 		 	By:	 	 /s/ R. NEIL WILLIAMS

		 		 	Name:	 	 R. Neil Williams

		 		 	Title:	 	 Executive Vice President Finance

  

					
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 JOINDER BY ESCROW HOLDER 

Escrow Holder (as defined in Section 8 of Article I above) hereby acknowledges that it has received this Agreement executed by the
Seller and Buyer and accepts the obligations of and instructions for the Escrow Holder set forth herein. Escrow Holder agrees to disburse and/or handle the Deposit, the Purchase Price and all closing documents in accordance with this Agreement. 

 

							
	Dated:             , 2015	 		 	FIDELITY NATIONAL TITLE
				
		 		 	By:	 	  

				
		 		 	Name:	 	  

				
		 		 	Title:	 	  

  

					
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 EXHIBIT A 

BUILDING ADDRESSES AND LEGAL DESCRIPTION 

BUILDING ADDRESSES: 
  

	 	•	 	7525 Torrey Santa Fe Road, San Diego, California 

  

	 	•	 	7535 Torrey Santa Fe Road, San Diego, California 

  

	 	•	 	7545 Torrey Santa Fe Road, San Diego, California 

  

	 	•	 	7555 Torrey Santa Fe Road, San Diego, California 

  

	 	•	 	7565 Torrey Santa Fe Road, San Diego, California 

 LEGAL DESCRIPTION: 

THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF SAN DIEGO, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: 

PARCEL A: (APN: 306-370-02 TO 06) 
 LOTS 2 TO 6 INCLUSIVE OF
TORREY SANTA FE SUMMIT, IN THE CITY OF SAN DIEGO, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP NO. 14512, FILED IN RECORDERS OFFICE OF SAN DIEGO COUNTY ON DECEMBER 13, 2002. 

PARCEL B: (APN: 306-313-38) 
 LOT B OF CABRERA II, IN THE CITY
OF SAN DIEGO, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP NO. 14592, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, MAY 30, 2003, AND AMENDED BY CERTIFICATE OF CORRECTION RECORDED APRIL 26, 2010 AS INSTRUMENT NO.
2010-0205489, OFFICIAL RECORDS OF SAID COUNTY. 

  

					
		  	EXHIBIT A	  	
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 EXHIBIT B 

FORM OF GRANT DEED 
  

			
	RECORDING REQUESTED BY:
	
	  

	  

	  

	
	WHEN RECORDED MAIL TO:
	
	  

	  

	  

	Attention:	 	  

	
	MAIL TAX STATEMENT TO:
	
	  

	  

	  

	Attention:	 	  

  
  

(Space Above Line for Recorder’s Use Only) 

GRANT DEED 

Documentary Transfer Tax: $        . 

(signature of declarant or agent determining tax)          
           
  

	 	 ̈	Computed on full value of property conveyed, or 

  

	 	 ̈	Computed on full value less liens and encumbrances remaining at time of sale 

 FOR VALUE
RECEIVED,
                                        
(“Grantor”), grants to                     , a
                     (“Grantee”), all that certain real property situated in the City of
            , County of             , State of California, described on Schedule 1 attached hereto and by this
reference incorporated herein (the “Property”). Subject to: 
 (a) All liens, encumbrances, easements, covenants,
conditions, restrictions and other matters of record; and 
 (b) Non-delinquent taxes and assessments; 

IN WITNESS WHEREOF, the Grantor has caused its corporate name to be hereunto subscribed as of
            , 20    . 

  

					
		  	EXHIBIT B	  	
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	KILROY REALTY, L.P.,
	a Delaware limited partnership
		
	By:	 	Kilroy Realty Corporation,
		 	a Maryland corporation
		
		 	Its: General Partner
			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

  

					
		  	EXHIBIT B	  	
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 ACKNOWLEDGMENT 

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or validity of that document. 
  

							
	State of California	 		  	)	  	
	County of                     	 		  	)	  	

On                       
                                  , before me,
                                         
                                         
                                        , 

                        
                                         
                                         
                          (insert name of notary) 

Notary Public, personally appeared
                                        , who
proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by
his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. 

WITNESS my hand and official seal. 
  

							
	Signature 	 	  
	 		 	(Seal)

  

					
		  	EXHIBIT B	  	
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 EXHIBIT C-1 

TRANSFEROR’S CERTIFICATION OF NON-FOREIGN STATUS 

To inform                     , a
                     (“Transferee”), that withholding of tax under Section 1445 of the Internal Revenue Code of 1986, as amended
(“Code”) will not be required upon the transfer of certain real property to the Transferee by KILROY REALTY, L.P., a Delaware limited partnership (“Transferor”), the undersigned hereby certifies the following on
behalf of the Transferor: 
 1. The Transferor is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those
terms are defined in the Code and the Income Tax Regulations promulgated thereunder); 
 2. The Transferor’s U.S. employer
identification number is             ; 
 3. The Transferor’s office
address is c/o 12200 West Olympic Boulevard, Suite 200, Los Angeles, California 90064; 
 4. Transferor is not a disregarded entity as
defined in § 1.1445-2(b)(2)(iii). 
 The Transferor understands that this Certification may be disclosed to the Internal Revenue
Service by the Transferee and that any false statement contained herein could be punished by fine, imprisonment, or both. 
 Under penalty
of perjury I declare that I have examined this Certification and to the best of my knowledge and belief it is true, correct and complete, and I further declare that I have authority to sign this document on behalf of the Transferor. 

Date:             , 20     

 

									
	“TRANSFEROR”	 		 	KILROY REALTY, L.P.,
		 		 	a Delaware limited partnership
				
		 		 	By:	 	Kilroy Realty Corporation,
		 		 		 	a Maryland corporation
				
		 		 		 	Its: General Partner
					
		 		 		 	By:	 	  

					
		 		 		 	Name:	 	  

					
		 		 		 	Title:	 	  

					
		 		 		 	By:	 	  

					
		 		 		 	Name:	 	  

					
		 		 		 	Title:	 	  

  

					
		  	EXHIBIT C-1	  	
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 EXHIBIT C-2 

FORM 593-C 
  

					
	        YEAR        	  	n	 	                CALIFORNIA FORM    
	  

         2015              Real Estate
Withholding Certificate
	  	 	  

593-C                

  

			
	Part I – Seller or Transferor	  	Return this form to your escrow company.

 
			
	  Name
  
	  	 SSN or ITIN

                -          
      -                    

	  Spouse’s/RDP’s name (if jointly owned)

 
	  	 Spouse’s/RDP’s SSN or ITIN (if jointly owned

                -          
      -                    

	  Address (apt./ste., room, PO Box, or PMB no.)

 
	  	  ̈  FEIN     ̈  CA Corp no.      ̈  CA SOS file no. 

 

							
	  City (If you have a foreign address, see instructions.)

 
	  	 State   

 
	  	 ZIP Code
	  	 Ownership percentage 

    .        % 

	  Property address (if no street address, provide parcel number and county)

 

 
 To determine whether you qualify for a full or partial withholding exemption, check all boxes that apply to the
property being sold or transferred. (See instructions) 
 Part II – Certifications which fully exempt the sale from withholding:

  

					
	1.	 	 ̈	 	The property qualifies as the seller’s or transferor’s (or decedent’s, if sold by the decedent’s estate or trust) principal residence within the meaning of Internal Revenue Code (IRC) Section 121.
			
	2.	 	 ̈	 	The seller or transferor (or decedent, if sold by the decedent’s estate or trust) last used the property as the seller’s or transferor’s (decedent’s) principal residence within the meaning of IRC Section 121
without regard to the two-year time period.
			
	3.	 	 ̈	 	The seller or transferor has a loss or zero gain for California income tax purposes on this sale. To check this box you must complete Form 593-E, Real Estate Witholding-Computation of Estimated Gain or Loss, and have a loss or zero
gain on line 16.
			
	4.	 	 ̈	 	The property is being compulsorily or involuntarily converted and the seller or transferor intends to acquire property that is similar or related in service or use to qualify for nonrecognition of gain for California income tax
purposes under IRC Section 1033.
			
	5.	 	 ̈	 	The transfer qualifies for nonrecognition treatment under IRC Section 351 (transfer to a corporation controlled by the transferor) or IRC Section 721 (contribution to a partnership in exchange for a partnership
interest).
			
	6.	 	 ̈	 	The seller or transferor is a corporation (or a limited liability company (LLC) classified as a corporation for federal and California income tax purposes) that is either qualified through the California Secretary of State (SOS) or
has a permanent place of business in California.
			
	7.	 	 ̈	 	The seller or transferor is a California partnership or a partnership qualified to do business in California (or an LLC that is classified as a partnership for federal and California income tax purposes and is not a single member
LLC that is disregarded for federal and California income tax purposes).
			
	8.	 	 ̈	 	The seller or transferor is a tax-exempt entity under California or federal law.
			
	9.	 	 ̈	 	The seller or transferor is an insurance company, individual retirement account, qualified pension/profit sharing plan, or charitable remainder trust.

 Part III – Certifications that may partially or fully exempt the sale from withholding: 

Real Estate Escrow Person (REEP): See instructions for amounts to withhold. 
  

					
	10.	 	 ̈	 	The transfer qualifies as a simultaneous like-kind exchange within the meaning of IRC Section 1031.
			
	11.	 	 ̈	 	The transfer qualifies as a deferred like-kind exchange within the meaning of IRC Section 1031.
			
	12.	 	 ̈	 	The transfer of this property is an installment sale where the buyer is required to withhold on the principal portion of each installment payment. Copies of Form 593-I, Real Estate Withholding Installment Sale Acknowledgement,
and the promissory note are attached.

 
 Seller or Transferor Signature 

 

											
	  

Under penalties of perjury, I hereby certify that the information provided above is, to the best of my knowledge, true and correct. If conditions change,
I will promptly inform the withholding agent. I understand that I must retain this form in my records for 5 years and that the Franchise Tax Board may review relevant escrow documents to ensure withholding compliance. Completing this form does
not exempt me from filing a California income or franchise tax return to report this sale.
  

	Seller’s/Transferor’s Name and Title 	 	  
	  	Seller’s/Transferor’s Signature 	 	  
	  	Date 	 	  

	 					 
	 Spouse’s/RDP’s Name

 
	 	  

 
	  	 Spouse’s/RDP’s Signature

 
	 	  

 
	  	 Date 
  
	 	  

 

  

			
	Seller
 or

Transferor
	  	If you checked any box in Part II, you are exempt from real estate withholding.
	  	  
 If you checked any box in Part III, you may qualify for a partial or
complete withholding exemption.

	  	  
 Except as to an installment sale, if the seller or transferor did not
check any box in Part II or Part III of Form 593-C, the withholding will be 3 1⁄3% (.0333) of the total sales price or the optional gain on sale withholding
amount from line 5 of the certified Form 593, Real Estate Withholding Tax Statement. If the seller or transferor does not return the completed Form 593 and Form 593-C by the close of escrow, the withholding will be
3 1⁄3% (.0333) of the total sales price, unless the type of transaction is an installment sale. If the transaction is an installment sale, the withholding will
be 3 1⁄3% (.0333) of the first installment payment.
  

If you are withheld upon, the withholding agent should give you one copy of Form 593. Attach a copy to the lower front of your California income tax return and
make a copy for your records.

  

					
		  	EXHIBIT C-2	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT D 

ASSIGNMENT OF CONTRACTS AND ASSUMPTION AGREEMENT 

This Assignment of Contracts and Assumption Agreement (the “Assignment”) is made and entered into as of this
     day of             , 20     (“Assignment Date”), by and between KILROY REALTY, L.P., a Delaware limited partnership
(“Assignor”), and
                                        , a
                                        
(“Assignee”), with reference to the following facts. 
 R E C I T A L
S : 
 A. Assignor and Assignee entered into that certain Agreement of Purchase and Sale and Joint Escrow Instructions dated as of
            , 20     (the “Purchase Agreement”), pursuant to which Assignor agreed to sell to Assignee, and Assignee agreed to purchase from
Assignor the Property. Capitalized terms used herein and not separate defined have the meanings ascribed to them in the Purchase Agreement. 

B. Assignee has acquired fee title to the Real Property from Assignor on the Assignment Date. Assignor now desires to assign and transfer to
Assignee all of Assignor’s rights and interests in, to and under the Approved Contracts, as hereinafter defined. 
 NOW, THEREFORE, for
valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto agree as follows: 
 1. Assignment
and Assumption. Effective as of the Assignment Date, Assignor hereby grants, transfers, conveys, assigns and delegates to Assignee all of its rights and interests of Assignor in, to and under the Approved Contracts that are set forth in
Schedule 1 attached hereto and made a part hereof; provided, however, such assignment, transfer and sale shall not include any rights or claims arising prior to the Assignment Date which Assignor may have against any party to the
Approved Contracts. Assignee hereby accepts such assignment and delegation by Assignor and agrees to fully perform and assume all the obligations of Assignor under the Approved Contracts first arising from and after the Assignment Date. 

2. No Warranties. Assignee does hereby covenant with Assignor, and represents and warrants to Assignor, that Assignor is transferring
each of the Approved Contracts to Assignee (to the extent the terms of any of the Approved Contracts do not limit or restrict such right) without any warranty of any kind or nature. This Assignment shall not be construed as a representation or
warranty by Assignor as to the transferability or enforceability of the Approved Contracts, and Assignor shall have no liability to Assignee in the event that any or all of the Approved Contracts (a) are not transferable to Assignee or
(b) are canceled or terminated by reason of this Assignment or any acts of Assignee. 
 3. Attorneys’ Fees. In the event of
the bringing of any action or suit by a party hereto against another party hereto by reason of any breach of any of the covenants, conditions, agreements or provisions on the part of the other party arising out of this Assignment, then, in such
event, the prevailing party shall be entitled to have and recover of and from the other party, all costs and expenses of the action or suit, including, without limitation, reasonable attorneys’ fees and expenses. 

  

					
		  	EXHIBIT D	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 4. Counterparts. This Assignment may be executed in counterparts, each of which shall
be deemed an original, and all of which shall taken together be deemed one document. 
 5. Survival. This Assignment and the
provisions hereof shall inure to the benefit of and be binding upon the parties to this Assignment and their respective successors, heirs and permitted assigns. 

6. No Third Party Beneficiaries. Except as otherwise expressly set forth herein, Assignor and Assignee do not intend, and this
Assignment shall not be construed, to create a third-party beneficiary status or interest in, nor give any third-party beneficiary rights or remedies to, any other person or entity not a party to this Assignment. 

7. Governing Law. This Assignment shall be governed by, interpreted under, and construed and enforceable in accordance with, the laws
of the State of California. 
 8. Liability; Survival. Nothing herein shall be deemed or construed as relieving the Assignor or
Assignee of their respective duties or obligations under the Purchase Agreement. In addition, notwithstanding anything to the contrary contained in this Assignment, it is expressly understood and agreed by and between the parties thereto that any
liability of Assignor hereunder shall be limited as set forth in Sections 11.11 and 16.5 of the Purchase Agreement. 

[SIGNATURES ON FOLLOWING PAGE] 

  

					
		  	EXHIBIT D	  	
		  	-2-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 IN WITNESS WHEREOF, the parties hereto have executed this Assignment as of the Assignment
Date. 
  

							
	ASSIGNOR:
	
	 KILROY REALTY, L.P.,
 a Delaware
limited partnership

		
	By:	 	Kilroy Realty Corporation,
		 	a Maryland corporation
		
		 	Its: General Partner
			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

	
	ASSIGNEE:
		
	  
	 	,
	a	 	  

		
	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

  

					
		  	EXHIBIT D	  	
		  	-3-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT E 

BILL OF SALE 
 For
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, KILROY REALTY, L.P., a Delaware limited partnership (“Seller”), does hereby GRANT, SELL, CONVEY, TRANSFER AND DELIVER to
                                        , a
                                        
(“Buyer”), free and clear of all liens and encumbrances, but without any other warranty of any kind, any and all of Seller’s rights, title and interests in and to the personal property (“Personal Property”)
owned and utilized by Seller in connection with the operation and management of, and located at, the real property described in Exhibit A attached hereto and made a part hereof (the “Property”); provided, however,
such transfer, assignment and sale shall not include any rights or claims arising prior to the date hereof which Seller may have against any person with respect to such personal property. The Personal Property being transferred pursuant to this Bill
of Sale is set forth on Schedule 1 attached hereto. 
 1. From and after the date of this Bill of Sale, it is intended by the
parties that Buyer and its successors and assigns shall have the right to use, have, hold and own the Personal Property forever. This Bill of Sale may be executed in counterparts, each of which shall be deemed an original, and all of which shall
taken together be deemed one document. Seller and Buyer agree that the delivery of an executed copy of this Bill of Sale by facsimile shall be legal and binding and shall have the same full force and effect as if an original executed copy of this
Bill of Sale had been delivered. 
 2. Buyer hereby acknowledges, covenants, represents and warrants that Seller has made absolutely no
warranties or representations of any kind or nature regarding title to the Personal Property or the condition of the Personal Property. 

3. Buyer on behalf of itself and its officers, directors, employees, partners, agents, representatives, successors and assigns hereby agrees
that in no event or circumstance shall Seller or its partners, members, trustees, employees, representatives, officers, related or affiliated entities, successors or assigns have any personal liability under this Bill of Sale, or to any of
Buyer’s creditors, or to any other party in connection with the Personal Property or the Property. 
 4. This Bill of Sale shall be
governed by, interpreted under, and construed and enforceable in accordance with, the laws of the State of California. 
 5. Nothing
herein shall be deemed or construed as relieving Seller or Buyer of their respective duties or obligations under the Agreement of Purchase and Sale and Joint Escrow Instructions dated
            , 20    , by and between Seller and Buyer (the “Purchase Agreement”). In addition, notwithstanding anything to the contrary contained in
this Assignment, it is expressly understood and agreed by and between the parties thereto that any liability of Assignor hereunder shall be limited as set forth in Sections 11.11 and 16.5 of the Purchase Agreement.

 [SIGNATURES ON FOLLOWING PAGE] 

  

					
		  	EXHIBIT E	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 IN WITNESS WHEREOF, this Bill of Sale has been executed as of this     
day of             , 20    . 
  

							
	SELLER:
	
	 KILROY REALTY, L.P.,
 a Delaware
limited partnership

		
	By:	 	Kilroy Realty Corporation,
		 	a Maryland corporation
		
		 	Its: General Partner
			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

			
		 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

	
	BUYER:
		
	  
	 	,
	a	 	  

		
	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

  

					
		  	EXHIBIT E	  	
		  	-2-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT A TO EXHIBIT E 

LEGAL DESCRIPTION 
 THE LAND
REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF SAN DIEGO, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: 
 PARCEL A:
(APN: 306-370-02 TO 06) 
 LOTS 2 TO 6 INCLUSIVE OF TORREY SANTA FE SUMMIT, IN THE CITY OF SAN DIEGO, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO
MAP NO. 14512, FILED IN RECORDERS OFFICE OF SAN DIEGO COUNTY ON DECEMBER 13, 2002. 
 PARCEL B: ( APN: 306-313-38) 

LOT B OF CABRERA II, IN THE CITY OF SAN DIEGO, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP NO. 14592, FILED IN THE OFFICE OF THE COUNTY RECORDER
OF SAN DIEGO COUNTY, MAY 30, 2003, AND AMENDED BY CERTIFICATE OF CORRECTION RECORDED APRIL 26, 2010 AS INSTRUMENT NO. 2010-0205489, OFFICIAL RECORDS OF SAID COUNTY. 

  

					
		  	 EXHIBIT A TO

EXHIBIT E
	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 SCHEDULE 1 TO EXHIBIT E 

LIST OF PERSONAL PROPERTY 
  

			
	 Description
	 	 Quantity

	Exterior Building Tiles	 	19 pallets/crates

  

					
		  	 SCHEDULE 1 TO

EXHIBIT E
	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT F 

GENERAL ASSIGNMENT 

This General Assignment (this “Assignment”) is made as of the      day of
            , 20     (“Assignment Date”), by KILROY REALTY, L.P., a Delaware limited partnership (the “Assignor”), and
                                        , a
                                         (the
“Assignee”). 
 Pursuant to that certain Agreement of Purchase and Sale and Joint Escrow Instructions dated as of
            , 20     (the “Purchase Agreement”), Assignee has this day acquired from Assignor the Property. Capitalized terms used herein shall have the
meanings ascribed to them in the Purchase Agreement. 
 In consideration of the acquisition of the Property by Assignee and other good and
valuable consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1.
Assignment. Assignor hereby assigns, transfers and sets over unto Assignee, without representation or warranty of any kind, and Assignee hereby accepts from Assignor, any and all of Assignor’s right, title and interest in and to the
Intangible Personal Property, including, without limitation, any and all of Assignor’s right, title and interest in any warranties or guaranties provided to Assignor by Assignor’s contractors in connection with the repair of the Special
Disclosure Matters. 
 2. Further Assurances. Assignor hereby covenants that Assignor will, at any time and from time to time upon
written request therefor, execute and deliver to Assignee, Assignee’s successors, nominees or assigns, such documents as Assignee or they may reasonably request in order to fully assign and transfer to and vest in Assignee or Assignee’s
successors, nominees and assigns, the Intangible Personal Property. 
 3. Attorneys’ Fees. In the event of the bringing of any
action or suit by a party hereto against another party hereto by reason of any breach of any of the covenants, conditions, agreements or provisions on the part of the other party arising out of this Assignment, then, in such event, the prevailing
party shall be entitled to have and recover of and from the other party, all costs and expenses of the action or suit, including, without limitation, reasonable attorneys’ fees and expenses. 

4. Counterparts. This Assignment may be executed in counterparts, each of which shall be deemed an original, and all of which shall
taken together be deemed one document. 
 5. Successors. This Assignment and the provisions hereof shall inure to the benefit of and
be binding upon the parties to this Assignment and their respective successors, heirs and permitted assigns. 
 6. No Third Party
Beneficiaries. Except as otherwise expressly set forth herein, Assignor and Assignee do not intend, and this Assignment shall not be construed, to create a third-party beneficiary status or interest in, nor give any third-party beneficiary
rights or remedies to, any other person or entity not a party to this Assignment. 

  

					
		  	EXHIBIT F	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 7. Governing Law. This Assignment shall be governed by, interpreted under, and
construed and enforceable in accordance with, the laws of the State of California. 
 8. Liability; Survival. Nothing herein shall be
deemed or construed as relieving the Assignor or Assignee of their respective duties or obligations under the Purchase Agreement. In addition, notwithstanding anything to the contrary contained in this Assignment, it is expressly understood and
agreed by and between the parties thereto that any liability of Assignor hereunder shall be limited as set forth in Sections 11.11 and 16.5 of the Purchase Agreement. 

[SIGNATURES ON FOLLOWING PAGE] 

  

					
		  	EXHIBIT F	  	
		  	-2-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 IN WITNESS WHEREOF, Assignor and Assignee have caused this instrument to be executed as of
the date above-written. 
  

											
	“ASSIGNOR”	 		 	KILROY REALTY, L.P.,	 	
		 		 	a Delaware limited partnership	 	
					
		 		 	By:	 	Kilroy Realty Corporation,	 	
		 		 		 	a Maryland corporation	 	
					
		 		 		 	Its: General Partner	 	
						
		 		 		 	By:	 	  
	 	
						
		 		 		 	Name:	 	  
	 	
						
		 		 		 	Title:	 	  
	 	
						
		 		 		 	By:	 	  
	 	
						
		 		 		 	Name:	 	  
	 	
						
		 		 		 	Title:	 	  
	 	
				
	“ASSIGNEE”	 		 	  
	 	,
		 		 	a	 	  
	 	
					
		 		 	By:	 	  
	 	
						
		 		 		 	Name:	 	  
	 	
						
		 		 		 	Title:	 	  
	 	

  

					
		  	EXHIBIT F	  	
		  	-3-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT G 

LIST OF CONTRACTS 
  

			
	 Vendor
	  	 Service

	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]
	[***]	  	[***]

  

					
		  	EXHIBIT G	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT H 

DUE DILIGENCE ITEMS 
  

									
	 No.
	  	 Document Name
	  	 Consultant/Vendor
	  	 Date of
Document
	  	 Date Sent

	 Leases (100 Series)
	  		  		  	
	 101
	  	 [***]
	  		  	[***]	  	[***]
	 102
	  	 [***]
	  		  	[***]	  	[***]
	 103
	  	 [***]
	  		  	[***]	  	[***]
	 104
	  	 [***]
	  		  	[***]	  	[***]
	 105
	  	 [***]
	  		  	[***]	  	[***]
	 106
	  	 [***]
	  		  	[***]	  	[***]
	 107
	  	 [***]
	  		  	[***]	  	[***]
	 108
	  	 [***]
	  		  	[***]	  	[***]
	 109
	  	 [***]
	  		  	[***]	  	[***]
	 110
	  	 [***]
	  		  	[***]	  	[***]
	 111
	  	 [***]
	  		  	[***]	  	[***]
	 112
	  	 [***]
	  		  	[***]	  	[***]
	 113
	  	 [***]
	  		  	[***]	  	[***]
	 114
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 Vendors (200 Series)
	  		  		  	
	 201
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 202
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 203
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 204
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 205
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 206
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 207
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 208
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 209
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 210
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 211
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 212
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 213
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 Property (300 Series)
	  		  		  	
	 301
	  	 [***]
	  	 [***]
	  		  	
	 302
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 303
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 304
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 305
	  	 [***]
	  		  		  	
	 306
	  	 [***]
	  		  		  	[***]
	 307
	  	 [***]
	  		  		  	
	 308
	  	 [***]
	  	 [***]
	  	[***]	  	[***]
	 309
	  	 [***]
	  	 [***]
	  	[***]	  	[***]

  

					
		  	EXHIBIT H	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

									
	 310
	  	 [***]
	  	[***]	  	[***]	  	[***]
	 311
	  	[***]	  	[***]	  	[***]	  	[***]
	 312
	  	[***]	  	[***]	  	[***]	  	[***]
	 313
	  	[***]	  	[***]	  	[***]	  	[***]
	 314
	  	[***]	  	[***]	  	[***]	  	[***]
	 315
	  	[***]	  	[***]	  	[***]	  	[***]
	 316
	  	[***]	  	[***]	  	[***]	  	[***]
	 317
	  	[***]	  	[***]	  	[***]	  	[***]
	 318
	  	[***]	  	[***]	  	[***]	  	[***]
	 319
	  	[***]	  	[***]	  	[***]	  	[***]
	 320
	  	[***]	  	[***]	  	[***]	  	[***]
	 321
	  	[***]	  	[***]	  	[***]	  	[***]
	 322
	  	[***]	  	[***]	  	[***]	  	[***]
	 323
	  	[***]	  	[***]	  	[***]	  	[***]
	 324
	  	[***]	  	[***]	  	[***]	  	[***]
	 325
	  	[***]	  	[***]	  	[***]	  	[***]
	 326
	  	[***]	  	[***]	  	[***]	  	[***]
	 327
	  	[***]	  	[***]	  	[***]	  	[***]
	 328
	  	[***]	  	[***]	  	[***]	  	[***]
	 329
	  	[***]	  	[***]	  	[***]	  	[***]
	 330
	  	[***]	  	[***]	  	[***]	  	[***]
	 331
	  	[***]	  	[***]	  	[***]	  	[***]
	 332
	  	[***]	  	[***]	  	[***]	  	[***]
	 333
	  	[***]	  	[***]	  	[***]	  	[***]
	 334
	  	[***]	  	[***]	  	[***]	  	[***]
	 335
	  	[***]	  	[***]	  	[***]	  	[***]
	 336
	  	[***]	  	[***]	  	[***]	  	[***]
	 337
	  	[***]	  	[***]	  	[***]	  	[***]
	 338
	  	[***]	  	[***]	  	[***]	  	[***]
	 339
	  	[***]	  	[***]	  	[***]	  	[***]
	 340
	  	[***]	  	[***]	  	[***]	  	[***]
	 341
	  	[***]	  		  	[***]	  	[***]
	 342
	  	[***]	  		  	[***]	  	[***]
	 Financial (400 Series)
	  		  		  	
	 401
	  	[***]	  		  		  	
	 402
	  	[***]	  		  		  	
	 403
	  	[***]	  		  		  	
	 404
	  	[***]	  		  		  	
	 405
	  	[***]	  		  		  	
	 406
	  	[***]	  		  		  	
	 407
	  	[***]	  		  		  	
	 408
	  	[***]	  		  		  	
	 409
	  	[***]	  		  		  	
	 Insurance (500 Series)
	  		  		  	
	 501
	  	 [***]
	  		  		  	

  

					
		  	EXHIBIT H	  	
		  	-2-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

									
	502	  	[***]	  	[***]	  	[***]	  	[***]
	503	  	[***]	  	[***]	  	[***]	  	[***]
	504	  	[***]	  	[***]	  	[***]	  	[***]
	505	  	[***]	  	[***]	  	[***]	  	[***]
	506	  	[***]	  	[***]	  	[***]	  	[***]
	507	  	[***]	  	[***]	  	[***]	  	[***]
	508	  	[***]	  	[***]	  	[***]	  	[***]
	509	  	[***]	  	[***]	  	[***]	  	[***]
	510	  	[***]	  	[***]	  	[***]	  	[***]
	511	  	[***]	  	[***]	  	[***]	  	[***]
	512	  	[***]	  	[***]	  	[***]	  	[***]
	513	  	[***]	  	[***]	  	[***]	  	[***]
	514	  	[***]	  	[***]	  	[***]	  	[***]
	515	  	[***]	  	[***]	  	[***]	  	[***]
	516	  	[***]	  	[***]	  	[***]	  	[***]

  

					
		  	EXHIBIT H	  	
		  	-3-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT I 

SPECIAL DISCLOSURE MATTERS; VIOLATIONS OF LAW; LITIGATION 

Special Disclosure Matters: 
 [***] 

Violations of Law: 
 [***] 

Litigation: 
 [***] 

  

					
		  	EXHIBIT I	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 EXHIBIT J 

[***] 

  

					
		  	EXHIBIT J	  	
		  	-1-	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 AGREEMENT OF PURCHASE AND SALE 

AND JOINT ESCROW INSTRUCTIONS 

BETWEEN 
 KILROY REALTY, L.P.,

 a Delaware limited partnership, 

AS SELLER 
 and 

INTUIT INC., 
 a Delaware
corporation, 
 AS BUYER 

  

					
		  		  	
		  		  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

											
	I	 	SUMMARY AND DEFINITION OF BASIC TERMS	  	 	1	  
			
	II	 	RECITALS	  	 	3	  
			
	III	 	AGREEMENT	  	 	4	  
				
		 	1.	 	Purchase and Sale	  	 	4	  
				
		 	2.	 	Purchase Price	  	 	4	  
		 		 	2.1	  	Purchase Price	  	 	4	  
		 		 	2.2	  	Deposit	  	 	4	  
		 		 	2.3	  	Cash Balance	  	 	5	  
		 		 	2.4	  	Independent Consideration	  	 	5	  
				
		 	3.	 	Escrow and Title	  	 	5	  
		 		 	3.1	  	Opening of Escrow	  	 	5	  
		 		 	3.2	  	Close of Escrow/Closing	  	 	6	  
		 		 	3.3	  	Title Insurance	  	 	6	  
				
		 	4.	 	Contingencies; Conditions Precedent to the Close of Escrow	  	 	7	  
		 		 	4.1	  	Buyer’s Review	  	 	7	  
		 		 	4.2	  	Title Report and Additional Title Matters	  	 	10	  
		 		 	4.3	  	Conditions Precedent to Buyer’s Obligations:	  	 	11	  
		 		 	4.4	  	Failure of Conditions Precedent to Buyer’s Obligations	  	 	11	  
		 		 	4.5	  	Conditions Precedent to Seller’s Obligations	  	 	11	  
				
		 	5.	 	Deliveries to Escrow Holder	  	 	12	  
		 		 	5.1	  	Seller’s Deliveries	  	 	12	  
		 		 	5.2	  	Buyer’s Deliveries	  	 	13	  
				
		 	6.	 	Deliveries Upon Close of Escrow	  	 	14	  
		 		 	6.1	  	Tax Filings	  	 	14	  
		 		 	6.2	  	Prorations	  	 	14	  
		 		 	6.3	  	Recording	  	 	14	  
		 		 	6.4	  	Seller Funds	  	 	14	  
		 		 	6.5	  	Buyer Funds	  	 	14	  
		 		 	6.6	  	Documents to Seller	  	 	14	  
		 		 	6.7	  	Documents to Buyer	  	 	14	  
		 		 	6.8	  	Title Policy	  	 	14	  
				
		 	7.	 	Costs and Expenses	  	 	14	  
				
		 	8.	 	Prorations	  	 	15	  
		 		 	8.1	  	Ad Valorem Taxes	  	 	15	  
		 		 	8.2	  	Excise, Transfer and Sales Taxes	  	 	15	  
		 		 	8.3	  	Lease Rentals	  	 	15	  
		 		 	8.4	  	Operating Expenses	  	 	16	  
		 		 	8.5	  	Contracts	  	 	16	  
		 		 	8.6	  	Proration Statement	  	 	16	  
				
		 	9.	 	Covenants of Seller	  	 	16	  
		 		 	9.1	  	Contracts	  	 	16	  

  

					
		  	(i)	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

									
		 		 	9.2	  	Leases	  	17
		 		 	9.3	  	Operation in the Ordinary Course	  	17
				
		 	10.	 	“AS-IS” Sale and Purchase	  	17
		 		 	10.1	  	Buyer’s Acknowledgment	  	17
		 		 	10.2	  	Survival	  	22
				
		 	11.	 	Seller’s Representations and Warranties	  	22
		 		 	11.1	  	Formation; Authority	  	22
		 		 	11.2	  	No Conflict	  	22
		 		 	11.3	  	Bankruptcy	  	22
		 		 	11.4	  	Prohibited Persons and Transactions	  	23
		 		 	11.5	  	Leases and Contracts	  	23
		 		 	11.6	  	Legal Compliance; Hazardous Substances; Physical Defects	  	23
		 		 	11.7	  	Litigation	  	24
		 		 	11.8	  	Foreign Person	  	24
		 		 	11.9	  	Due Diligence Items	  	24
		 		 	11.10	  	Subsequent Changes	  	24
		 		 	11.11	  	Seller’s Knowledge	  	25
		 		 	11.12	  	Survival	  	25
				
		 	12.	 	Buyer’s Representations and Warranties	  	25
		 		 	12.1	  	Formation; Authority	  	25
		 		 	12.2	  	No Conflict	  	26
		 		 	12.3	  	Bankruptcy	  	26
		 		 	12.4	  	Prohibited Persons and Transactions	  	26
				
		 	13.	 	Casualty and Condemnation	  	27
		 		 	13.1	  	Material Casualty	  	27
		 		 	13.2	  	Non-Material Casualty	  	27
		 		 	13.3	  	Condemnation	  	27
		 		 	13.4	  	Notice of Casualty and Condemnation	  	28
				
		 	14.	 	Notices	  	28
				
		 	15.	 	Broker Commissions	  	29
				
		 	16.	 	Default	  	29
		 		 	16.1	  	Default by Seller	  	29
		 		 	16.2	  	Default by Buyer	  	29
		 		 	16.4	  	Indemnities; Defaults After Closing or Termination	  	31
		 		 	16.5	  	Limited Liability	  	31
				
		 	17.	 	Assignment	  	32
				
		 	18.	 	Miscellaneous	  	32
		 		 	18.1	  	Governing Law	  	32
		 		 	18.2	  	Partial Invalidity	  	32
		 		 	18.3	  	Waivers	  	33
		 		 	18.4	  	Successors and Assigns	  	33
		 		 	18.5	  	Professional Fees	  	33
		 		 	18.6	  	Entire Agreement	  	33

  

					
		  	(ii)	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

									
		 		 	18.7	  	Time of Essence/Business Days	  	33
		 		 	18.8	  	Construction	  	34
		 		 	18.9	  	No Third-Party Beneficiary	  	34
				
		 	19.	 	1031 Exchange	  	34
				
		 	20.	 	Confidentiality	  	34
				
		 	21.	 	Press Releases; Disclosure of Information	  	35
				
		 	22.	 	Energy Performance Disclosure Information	  	35
				
		 	23.	 	Survival	  	36
				
		 	24.	 	Drafts Not an Offer to Enter Into a Legally Binding Contract	  	36
				
		 	25.	 	Neighboring Property	  	36

 EXHIBITS 
  

			
	Exhibit A	  	Building Addresses and Legal Description
		
	Exhibit B	  	Grant Deed
		
	Exhibit C-1	  	Transferor’s Certification of Non-Foreign Status
		
	Exhibit C-2	  	Withholding Exemption Certificate for Real Estate Sales
		
	Exhibit D	  	Assignment of Contracts and Assumption Agreement
		
	Exhibit E	  	Bill of Sale
		
	Exhibit F	  	General Assignment
		
	Exhibit G	  	List of Service Contracts
		
	Exhibit H	  	Due Diligence Items
		
	Exhibit I	  	Special Disclosure Matters; Violations of Law; Litigation
		
	Exhibit J	  	[***]

  

					
		  	(iii)	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

 INDEX 
  

					
	 	  	Page(s)	 
		
	 Additional Deposit
	  	 	2	  
	 Agreement
	  	 	1	  
	 Approved Contracts
	  	 	8	  
	 [***]
	  	 	[***]	  
	 Assignment of Contracts
	  	 	12	  
	 Assignment of Intuit Lease
	  	 	11	  
	 Bill of Sale
	  	 	12	  
	 Broker
	  	 	1	  
	 Buildings
	  	 	1	  
	 Buyer
	  	 	1	  
	 Buyer Parties
	  	 	30	  
	 Buyer Party
	  	 	30	  
	 Buyer’s Approval Notice
	  	 	9	  
	 Cap Amount
	  	 	30	  
	 Claims
	  	 	19	  
	 Close of Escrow
	  	 	5	  
	 Closing
	  	 	5	  
	 Closing Date
	  	 	2	  
	 Contingency Date
	  	 	2	  
	 Contracts
	  	 	9	  
	 Cooperating Party
	  	 	33	  
	 Deed
	  	 	11	  
	 Deposit
	  	 	5	  
	 Disapproved Contracts
	  	 	8	  
	 Due Diligence Investigations
	  	 	3	  
	 Due Diligence Items
	  	 	7	  
	 Effective Date
	  	 	1	  
	 Energy Disclosure Information
	  	 	34	  
	 Energy Disclosure Requirements
	  	 	34	  
	 Environmental Laws
	  	 	17	  
	 Escrow Holder
	  	 	2	  
	 Escrow Holder’s Notice Address
	  	 	2	  
	 Escrow Instructions
	  	 	5	  
	 Excluded Rights
	  	 	3	  
	 Final Reconciliation
	  	 	15	  
	 Floor Amount
	  	 	31	  
	 General Assignment
	  	 	12	  
	 Governmental Regulations
	  	 	17	  
	 Hazardous Substances
	  	 	17	  
	 Improvements
	  	 	3	  
	 Independent Consideration
	  	 	5	  

  

					
		  	(iv)	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

 CONFIDENTIAL TREATMENT REQUESTED BY INTUIT INC. 

 

					
	 	  	Page(s)	 
		
	 Initial Deposit
	  	 	2	  
	 Intangible Personal Property
	  	 	3	  
	 Interim Date
	  	 	9	  
	 Intrusive Tests
	  	 	8	  
	 Intuit Lease
	  	 	15	  
	 Land
	  	 	3	  
	 Monetary Liens
	  	 	10	  
	 Natural Hazard Disclosure Statement
	  	 	20	  
	 Neighboring Property
	  	 	35	  
	 New Contracts
	  	 	16	  
	 New Exceptions
	  	 	10	  
	 New Leases
	  	 	16	  
	 Non-Terminable Contracts
	  	 	8	  
	 Notices
	  	 	27	  
	 OFAC
	  	 	22	  
	 Official Records
	  	 	6	  
	 Opening of Escrow
	  	 	5	  
	 Other Documents
	  	 	30	  
	 Parcel
	  	 	3	  
	 [***]
	  	 	[***]	  
	 Permitted Exceptions
	  	 	6	  
	 Person
	  	 	22	  
	 Personal Property
	  	 	3	  
	 Prohibited Persons
	  	 	22	  
	 Property Approval Period
	  	 	7	  
	 Property
	  	 	3	  
	 PTR
	  	 	9	  
	 Real Property
	  	 	3	  
	 Reports
	  	 	6	  
	 Requesting Party
	  	 	33	  
	 Seller
	  	 	1	  
	 Seller Group
	  	 	17	  
	 Seller’s Representations
	  	 	23	  
	 Seller’s Representatives
	  	 	2, 33	  
	 Seller’s Response
	  	 	9	  
	 Site Plan
	  	 	35	  
	 Special Disclosure Matters
	  	 	18	  
	 Survival Period
	  	 	24	  
	 Tax Certificates
	  	 	11	  
	 Tenant Charges
	  	 	15	  
	 Termination of Intuit Lease
	  	 	11	  
	 Third Parties
	  	 	7	  
	 Title Company
	  	 	2	  
	 Title Notice
	  	 	9	  
	 Title Policy
	  	 	6	  

  

					
		  	(v)	  	 Kilroy Realty, L.P. - Purchase Agreement

Santa Fe Summit

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