Document:

EX-10.1

 Exhibit 10.1 
 EXECUTION VERSION 
  
  

 
 CREDIT AGREEMENT 

among 
 WOLVERINE
WORLD WIDE, INC., 
 as Borrower, 
 The Several Lenders from Time to Time Parties Hereto, 
 JPMORGAN CHASE BANK, N.A.,

 as Administrative Agent, 
 J.P. MORGAN EUROPE LIMITED, 
 as Foreign Currency Agent, 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
 as Syndication Agent, 
 and 

FIFTH THIRD BANK 

and 
 PNC BANK,
NATIONAL ASSOCIATION, 
 as Documentation Agents 
 Dated as of July 31, 2012 
  

 
 J.P. MORGAN
SECURITIES LLC, 
 and 
 WELLS FARGO SECURITIES, LLC, 
 as Lead Arrangers and as Joint Bookrunners

  
  

 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 SECTION 1. DEFINITIONS
	  	 	1	  
		
	 1.1 Defined Terms
	  	 	1	  
	 1.2 Other Interpretive Provisions
	  	 	37	  
		
	 SECTION 2. AMOUNT AND TERMS OF COMMITMENTS
	  	 	38	  
		
	 2.1 Term Commitments
	  	 	38	  
	 2.2 Procedure for Term Loan Borrowing
	  	 	38	  
	 2.3 Repayment of Term Loans
	  	 	39	  
	 2.4 Revolving Commitments
	  	 	40	  
	 2.5 Procedure for Revolving Loan Borrowing
	  	 	40	  
	 2.6 Swingline Commitment
	  	 	41	  
	 2.7 Procedure for Swingline Borrowing; Refunding of Swingline Loans
	  	 	42	  
	 2.8 Commitment Fees, Ticking Fees, Fees with respect to Foreign Currency Loans, etc.
	  	 	43	  
	 2.9 Termination or Reduction of Revolving Commitments
	  	 	44	  
	 2.10 Foreign Currency Participations; Conversion of Foreign Currency Loans
	  	 	44	  
	 2.11 Optional Prepayments
	  	 	46	  
	 2.12 Mandatory Prepayments
	  	 	47	  
	 2.13 Conversion and Continuation Options
	  	 	49	  
	 2.14 Limitations on Eurocurrency Tranches and Foreign Currency Loans
	  	 	49	  
	 2.15 Interest Rates and Payment Dates
	  	 	49	  
	 2.16 Computation of Interest and Fees
	  	 	50	  
	 2.17 Inability to Determine Interest Rate
	  	 	50	  
	 2.18 Pro Rata Treatment and Payments
	  	 	51	  
	 2.19 Requirements of Law
	  	 	53	  
	 2.20 Taxes
	  	 	55	  
	 2.21 Indemnity
	  	 	58	  
	 2.22 Change of Lending Office
	  	 	58	  
	 2.23 Replacement of Lenders
	  	 	59	  
	 2.24 Defaulting Lenders
	  	 	59	  
	 2.25 Incremental Facilities
	  	 	61	  
	 2.26 Currency Fluctuations
	  	 	64	  
		
	 SECTION 3. LETTERS OF CREDIT
	  	 	64	  
		
	 3.1 L/C Commitment
	  	 	64	  
	 3.2 Procedure for Issuance of Letter of Credit
	  	 	65	  
	 3.3 Fees and Other Charges
	  	 	65	  
	 3.4 L/C Participations
	  	 	65	  
	 3.5 Reimbursement Obligation of the Borrower
	  	 	66	  
	 3.6 Obligations Absolute
	  	 	66	  

					
	 3.7 Letter of Credit Payments
	  	 	67	  
	 3.8 Applications
	  	 	67	  
	 3.9 Cash Collateralization
	  	 	67	  
	 3.10 Currency Adjustments
	  	 	67	  
		
	 SECTION 4. REPRESENTATIONS AND WARRANTIES
	  	 	67	  
		
	 4.1 Financial Condition
	  	 	68	  
	 4.2 No Change
	  	 	68	  
	 4.3 Existence; Compliance with Law
	  	 	68	  
	 4.4 Power; Authorization; Enforceable Obligations
	  	 	69	  
	 4.5 No Legal Bar
	  	 	69	  
	 4.6 Litigation
	  	 	69	  
	 4.7 No Default
	  	 	69	  
	 4.8 Ownership of Property; Liens
	  	 	69	  
	 4.9 Intellectual Property
	  	 	69	  
	 4.10 Taxes
	  	 	70	  
	 4.11 Federal Regulations
	  	 	70	  
	 4.12 Labor Matters
	  	 	70	  
	 4.13 ERISA
	  	 	70	  
	 4.14 Investment Company Act; Other Regulations
	  	 	70	  
	 4.15 Subsidiaries
	  	 	71	  
	 4.16 Use of Proceeds
	  	 	71	  
	 4.17 Environmental Matters
	  	 	71	  
	 4.18 Accuracy of Information, etc
	  	 	72	  
	 4.19 Security Documents
	  	 	72	  
	 4.20 Solvency
	  	 	73	  
	 4.21 Certain Documents
	  	 	73	  
	 4.22 OFAC; Anti-Money Laundering; Patriot Act
	  	 	73	  
	 4.23 Regulation H
	  	 	73	  
		
	 SECTION 5. CONDITIONS PRECEDENT
	  	 	73	  
		
	 5.1 Conditions to Effective Date
	  	 	73	  
	 5.2 Conditions to Initial Extension of Credit
	  	 	74	  
	 5.3 Conditions to Each Extension of Credit
	  	 	77	  
		
	 SECTION 6. AFFIRMATIVE COVENANTS
	  	 	77	  
		
	 6.1 Financial Statements
	  	 	77	  
	 6.2 Certificates; Other Information
	  	 	78	  
	 6.3 Payment of Taxes
	  	 	80	  
	 6.4 Maintenance of Existence; Compliance
	  	 	80	  
	 6.5 Maintenance of Property; Insurance
	  	 	80	  
	 6.6 Inspection of Property; Books and Records; Discussions
	  	 	80	  
	 6.7 Notices
	  	 	80	  
	 6.8 Environmental Laws
	  	 	81	  
	 6.9 Interest Rate Protection
	  	 	81	  

					
	 6.10 Additional Collateral, etc
	  	 	81	  
	 6.11 Maintenance of Ratings
	  	 	83	  
	 6.12 Post-Closing Covenants
	  	 	83	  
	 6.13 IP Subsidiaries
	  	 	84	  
	 6.14 Designation of Subsidiaries
	  	 	85	  
		
	 SECTION 7. NEGATIVE COVENANTS
	  	 	85	  
		
	 7.1 Financial Condition Covenants
	  	 	86	  
	 7.2 Indebtedness
	  	 	86	  
	 7.3 Liens
	  	 	89	  
	 7.4 Fundamental Changes
	  	 	91	  
	 7.5 Disposition of Property
	  	 	91	  
	 7.6 Restricted Payments
	  	 	93	  
	 7.7 Investments
	  	 	94	  
	 7.8 Optional Payments and Modifications of Certain Debt Instruments
	  	 	96	  
	 7.9 Transactions with Affiliates
	  	 	96	  
	 7.10 Swap Agreements
	  	 	96	  
	 7.11 Changes in Fiscal Periods
	  	 	97	  
	 7.12 Negative Pledge Clauses
	  	 	97	  
	 7.13 Clauses Restricting Subsidiary Distributions
	  	 	98	  
	 7.14 Lines of Business
	  	 	98	  
	 7.15 Amendments to Target Acquisition Documents
	  	 	98	  
	 7.16 New CFC
	  	 	98	  
	 7.17 U.S. Newco
	  	 	99	  
		
	 SECTION 8. EVENTS OF DEFAULT
	  	 	99	  
		
	 SECTION 9. THE AGENTS
	  	 	102	  
		
	 9.1 Appointment
	  	 	102	  
	 9.2 Delegation of Duties
	  	 	102	  
	 9.3 Exculpatory Provisions
	  	 	102	  
	 9.4 Reliance by Administrative Agent and the Foreign Currency Agent
	  	 	103	  
	 9.5 Notice of Default
	  	 	103	  
	 9.6 Non-Reliance on Agents and Other Lenders
	  	 	103	  
	 9.7 Indemnification
	  	 	104	  
	 9.8 Agent in Its Individual Capacity
	  	 	104	  
	 9.9 Successor Administrative Agent and Foreign Currency Agent
	  	 	104	  
	 9.10 Arrangers, Documentation Agents and Syndication Agent
	  	 	105	  
		
	 SECTION 10. MISCELLANEOUS
	  	 	105	  
		
	 10.1 Amendments and Waivers
	  	 	105	  
	 10.2 Notices
	  	 	107	  
	 10.3 No Waiver; Cumulative Remedies
	  	 	107	  
	 10.4 Survival of Representations and Warranties
	  	 	108	  

					
	 10.5 Payment of Expenses and Taxes
	  	 	108	  
	 10.6 Successors and Assigns; Participations and Assignments
	  	 	109	  
	 10.7 Adjustments; Set-off
	  	 	112	  
	 10.8 Counterparts
	  	 	113	  
	 10.9 Severability
	  	 	113	  
	 10.10 Integration
	  	 	113	  
	 10.11 GOVERNING LAW
	  	 	113	  
	 10.12 Submission To Jurisdiction; Waivers
	  	 	114	  
	 10.13 Acknowledgements
	  	 	114	  
	 10.14 Releases of Guarantees and Liens
	  	 	115	  
	 10.15 Judgment Currency
	  	 	115	  
	 10.16 Confidentiality
	  	 	116	  
	 10.17 Termination
	  	 	116	  
	 10.18 WAIVERS OF JURY TRIAL
	  	 	117	  
	 10.19 USA Patriot Act
	  	 	117	  

 SCHEDULES: 
  

			
	1.1A	  	Commitments
	1.1B	  	Mortgaged Property
	1.1C	  	Mandatory Costs
	1.1D	  	Administrative Schedule
	1.1E	  	Existing Letters of Credit
	1.1F	  	Foreign Currency Lenders
	4.4	  	Consents, Authorizations, Filings and Notices
	4.13	  	ERISA Matters
	4.15(a)	  	Subsidiaries
	4.15(b)	  	Existing Capital Stock Options
	4.19(a)	  	UCC Filing Jurisdictions
	4.19(b)	  	Mortgage Filing Jurisdictions
	7.2(d)	  	Existing Indebtedness
	7.3(b)	  	Existing Liens
	7.3(i)	  	Foreign Subsidiary Real Property Liens
	7.7(a)	  	Existing Investments
	7.12	  	Existing Negative Pledge Clauses
	7.13	  	Existing Subsidiary Distribution Clauses
	
	EXHIBITS:
		
	A	  	Form of Guarantee and Collateral Agreement
	B	  	Form of Compliance Certificate
	C	  	Form of Closing Certificate
	D	  	Form of Mortgage
	E	  	Form of Assignment and Assumption
	F	  	Form of U.S. Tax Compliance Certificate
	G-1	  	Form of Increased Facility Activation Notice—Incremental Term Loans
	G-2	  	Form of Increased Facility Activation Notice—Incremental Revolving Commitments
	G-3	  	Form of New Lender Supplement
	H	  	Form of Borrowing Notice

 CREDIT AGREEMENT (this “Agreement”), dated as of July 31, 2012, among
WOLVERINE WORLD WIDE, INC., a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties to this Agreement (the “Lenders”), JPMORGAN CHASE BANK,
N.A., as administrative agent, J.P. MORGAN EUROPE LIMITED, as Foreign Currency Agent, WELLS FARGO BANK, NATIONAL ASSOCIATION, as syndication agent, and FIFTH THIRD BANK and PNC BANK, NATIONAL ASSOCIATION, as documentation agents. 

The parties hereto hereby agree as follows: 
 SECTION 1. DEFINITIONS 
 1.1 Defined Terms. As used in this Agreement, the
terms listed in this Section 1.1 shall have the respective meanings set forth in this Section 1.1. 
 “ABR”: for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus  1/2 of 1% and (c) the Eurocurrency Rate that would be calculated as of such day (or, if such day is not a Business Day, as of the next preceding Business Day) in respect of a proposed Eurocurrency Loan
with a one-month Interest Period plus 1.0%. Any change in the ABR due to a change in the Prime Rate, the Federal Funds Effective Rate or such Eurocurrency Rate shall be effective as of the opening of business on the day of such change in the
Prime Rate, the Federal Funds Effective Rate or such Eurocurrency Rate, respectively; provided, however, that notwithstanding the rate calculated in accordance with the foregoing, at no time shall ABR in respect of any Tranche B Term
Loan be less than 2.00% per annum. 
 “ABR Loans”: Loans the rate of interest applicable to which
is based upon the ABR. 
 “Acceptable Preferred Equity”: Capital Stock that is not Disqualified Capital Stock.

 “Acquisition”: as defined in Section 5.2. 

“Acquisition Agreement”: the Agreement and Plan of Merger, dated as of May 1, 2012, together with all exhibits,
schedules and disclosure letters thereto, among Collective, WBG Holdings and WBG-PSS Merger Sub Inc and solely for purposes of Section 6.5, 6.8, 6.9 (other than 6.9(e)), 6.13, 6.14(a), 6.17 and Article IX therein, the Borrower. 

“Acquisition Agreement Representations”: the representations made by Collective in the Acquisition Agreement as are
material to the interests of the Lenders, but only to the extent that the Borrower has (or an affiliate of the Borrower has) the right to terminate its obligations, or to decline to consummate the acquisition under the Acquisition Agreement as a
result of a breach of such representations in the Acquisition Agreement. 
 “Acquisition Documentation”:
collectively, (i) the Acquisition Agreement, (ii) the Carveout Purchase Agreement, (iii) the Separation Agreement and (iv) the Interim Agreement. 
 “Adjusted ECF Amount”: as defined in Section 2.12(c). 

“Adjustment Date”: as defined in the Applicable Pricing Grid. 

 “Administrative Agent”: JPMorgan Chase Bank, N.A., together with its
affiliates, as the arranger of the Commitments and as the administrative agent for the Lenders under this Agreement and the other Loan Documents, together with any of its successors. 

“Administrative Schedule”: Schedule 1.1D to this Agreement, which contains administrative information in respect of
(i) each Foreign Currency and each Foreign Currency Loan and (ii) each L/C Foreign Currency and each Letter of Credit denominated in an L/C Foreign Currency. 
 “Affiliate”: as to any Person, any other Person that, directly or indirectly, is in control of, is controlled by, or is under common control with, such Person. For purposes of this
definition, “control” of a Person means the power, directly or indirectly, either to (a) vote 10% or more of the securities having ordinary voting power for the election of directors (or persons performing similar functions) of such
Person or (b) direct or cause the direction of the management and policies of such Person, whether by contract or otherwise. 
 “Agents”: the collective reference to the Administrative Agent, the Foreign Currency Agent and any other agent identified on the cover page of this Agreement. 

“Aggregate Exposure”: with respect to any Lender at any time, an amount equal to (a) until the Closing Date, the
aggregate amount of such Lender’s Commitments at such time and (b) thereafter, the sum of (i) the aggregate then unpaid principal amount of such Lender’s Term Loans and (ii) the amount of such Lender’s Revolving
Commitment then in effect or, if the Revolving Commitments have been terminated, the amount of such Lender’s Revolving Extensions of Credit then outstanding. 
 “Aggregate Exposure Percentage”: with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate Exposure at such time to the Aggregate
Exposure of all Lenders at such time. 
 “Agreement”: as defined in the preamble hereto. 

“Applicable Margin”: (a) for each Type of Loan other than Incremental Term Loans, the rate per annum set forth
under the relevant column heading below: 
  

									
	 	  	ABR Loans	 	 	Eurocurrency Loans	 
	 Revolving Loans and Swingline Loans
	  	 	1.25	% 	 	 	2.25	% 
	 Tranche A Term Loans
	  	 	1.25	% 	 	 	2.25	% 
	 Tranche B Term Loans
	  	 	2.75	% 	 	 	3.75	% 

 ; provided that on and after the first Adjustment Date occurring after the completion of the first full fiscal
quarter of the Borrower after the Closing Date, the Applicable Margin with respect to Revolving Loans, Swingline Loans and Tranche A Term Loans will be determined pursuant to the Applicable Pricing Grid; provided further that on and
after the first Adjustment Date occurring after the completion of the fiscal quarter ending June 30, 2013, the Applicable Margin with respect to Tranche B Term Loans will be determined pursuant to the Applicable Pricing Grid; and 

(b) for Incremental Term Loans, such per annum rates as shall be agreed to by the Borrower and the applicable Incremental Term Lenders as
shown in the applicable Increased Facility Activation Notice. 

 “Applicable Pricing Grid”: (a) with respect to Tranche A Term Loans,
Revolving Loans, Swingline Loans and the Commitment Fee Rate, the table set forth below: 
  

																					
	 Consolidated
 Leverage
 Ratio
	  	Tranche A Term Loans	 	 	Revolving Loans and
Swingline Loans	 	 	Commitment	 
	  	ABR	 	 	Eurocurrency	 	 	ABR	 	 	Eurocurrency	 	 	Fee Rate	 
	 3 4.00:1.00
	  	 	1.25	% 	 	 	2.25	% 	 	 	1.25	% 	 	 	2.25	% 	 	 	0.40	% 
	 3 3.50:1.00 but < 4.00:1.00
	  	 	1.00	% 	 	 	2.00	% 	 	 	1.00	% 	 	 	2.00	% 	 	 	0.35	% 
	 3 3.00:1.00 but < 3.50:1.00
	  	 	0.75	% 	 	 	1.75	% 	 	 	0.75	% 	 	 	1.75	% 	 	 	0.30	% 
	 3 2.50:1.00 but < 3.00:1.00
	  	 	0.625	% 	 	 	1.625	% 	 	 	0.625	% 	 	 	1.625	% 	 	 	0.25	% 
	 < 2.50:1.00
	  	 	0.50	% 	 	 	1.50	% 	 	 	0.50	% 	 	 	1.50	% 	 	 	0.225	% 

 (b) with respect to Tranche B Term Loans, the table set forth below: 

 

									
	 Consolidated

Leverage
	  	Tranche B Term Loans	 
	 Ratio
	  	ABR	 	 	Eurocurrency	 
	 3 3.25:1.00
	  	 	2.75	% 	 	 	3.75	% 
	 < 3.25:1.00
	  	 	2.50	% 	 	 	3.50	% 

 For the purposes of the Applicable Pricing Grid, changes in the Applicable Margin resulting from changes in the
Consolidated Leverage Ratio shall become effective on the date (the “Adjustment Date”) that is three Business Days after the date on which financial statements are delivered to the Administrative Agent pursuant to Section 6.1
and shall remain in effect until the next change to be effected pursuant to this paragraph. If any financial statements referred to above are not delivered within the time periods specified in Section 6.1, then, until the date that is three
Business Days after the date on which such financial statements are delivered, the highest rate set forth in each column of the Applicable Pricing Grid shall apply. Each determination of the Consolidated Leverage Ratio pursuant to the Applicable
Pricing Grid shall be made in a manner consistent with the determination thereof pursuant to Section 7.1. 

“Application”: an application, in such form as the Issuing Lender may specify from time to time, requesting the Issuing
Lender to open a Letter of Credit. 
 “Approved Fund”: as defined in Section 10.6(b). 

  
 3 

 “Arrangers”: the Lead Arrangers and Joint Bookrunners identified on the
cover page of this Agreement. 
 “Asset Sale”: any Disposition of property or series of related Dispositions of
property (excluding any such Disposition permitted by any of clauses (a) through (k) of Section 7.5) that yields gross proceeds to any Group Member (valued at the initial principal amount thereof in the case of non-cash proceeds
consisting of notes or other debt securities and valued at fair market value in the case of other non-cash proceeds) in excess of $1,500,000. 
 “Assignee”: as defined in Section 10.6(b). 

“Assignment and Assumption”: an Assignment and Assumption, substantially in the form of Exhibit E. 

“Available Revolving Commitment”: as to any Revolving Lender at any time, an amount equal to the excess, if any, of
(a) such Lender’s Revolving Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding; provided, that in calculating any Lender’s Revolving Extensions of Credit for the
purpose of determining such Lender’s Available Revolving Commitment pursuant to Section 2.8(a), the aggregate principal amount of Swingline Loans then outstanding shall be deemed to be zero. 

“Bankruptcy Event”: with respect to any Person, such Person becomes the subject of a bankruptcy or insolvency
proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it, provided that a Bankruptcy
Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority or instrumentality thereof; provided, further, that such ownership interest does not result
in or provide such Person 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 Person (or such Governmental Authority or instrumentality) to
reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person. 
 “Benefitted
Lender”: as defined in Section 10.7(a). 
 “Board”: the Board of Governors of the Federal Reserve
System of the United States (or any successor). 
 “Borrower”: as defined in the preamble hereto. 

“Borrowing Date”: any Business Day specified by the Borrower as a date on which the Borrower requests the relevant
Lenders to make Loans hereunder. 
 “Bridge Credit Agreement”: the Credit Agreement to be entered into by the
Borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent and the other agents and parties party thereto with respect to any bridge loans to be made on the Closing Date. 

“Bridge Loans”: (a) any bridge loans made under the Bridge Credit Agreement on the Closing Date, (b) any
extensions of the bridge loans made under the Bridge Credit Agreement in the form of extended term loans and (c) any exchange notes issued in accordance with the terms of the Bridge Credit Agreement in exchange for the bridge loans made under
the Bridge Credit Agreement or any extended term loans under the Bridge Credit Agreement. 

  
 4 

 “Business”: as defined in Section 4.17(b). 

“Business Day”: a day other than a Saturday, Sunday or other day on which commercial banks in New York City or London
are authorized or required by law to close, provided, that (i) with respect to notices and determinations in connection with, and payments of principal and interest on, Eurocurrency Loans denominated in Dollars, such day is also a day
for trading by and between banks in Dollar deposits in the interbank eurodollar market and (ii) with respect to notices and determinations in connection with, and payments of principal and interest on, Loans denominated in a Foreign Currency
(x) such day is also a day for trading by and between banks in deposits for the applicable currency in the interbank eurocurrency market, (y) with respect to Loans denominated in Euros, such day is also a TARGET Day (as determined by the
Administrative Agent) and (z) with respect to Loans denominated in a Foreign Currency other than Euros, such day is also a day on which banks are open for dealings in such currency in the city which is the principal financial center of the
country of issuance of the applicable currency. 
 “Calculation Date”: the last Business Day of each calendar
quarter (or any other day selected by the Administrative Agent); provided that (a) the second Business Day preceding (or such other Business Day as the Administrative Agent shall deem applicable with respect to any Foreign Currency in
accordance with rate-setting convention for such currency) (i) each Borrowing Date with respect to any Foreign Currency Loan or (ii) any date on which a Foreign Currency Loan is continued shall also be a “Calculation Date”,
(b) each Borrowing Date with respect to any other Loan made hereunder shall also be a “Calculation Date” and (c) the date of issuance, amendment, renewal or extension of a Letter of Credit shall also be a Calculation Date.

 “Canadian Dollars”: the lawful currency of Canada. 

“Capital Expenditures”: for any period, with respect to any Person, the aggregate of all expenditures by such Person and
its Subsidiaries for the acquisition or leasing (pursuant to a capital lease) of fixed or capital assets or additions to equipment (including replacements, capitalized repairs and improvements during such period) that should be capitalized under
GAAP on a consolidated balance sheet of such Person and its Subsidiaries. 
 “Capital Lease Obligations”: as to
any Person, 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, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP;
provided that, for the avoidance of doubt, the adoption or issuance of any accounting standards after the Effective Date will not cause any rental obligation that was not or would not have been a Capital Lease Obligation prior to such
adoption or issuance to be deemed a Capital Lease Obligation. 
 “Capital Stock”: any and all shares,
interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants, rights or options to purchase any of
the foregoing, but excluding any debt securities convertible into any of the foregoing. 
 “Carveout Purchase
Agreement”: that certain Purchase Agreement, dated as of May 1, 2012, by and between WBG Holdings and Open Water Ventures, LLC. 

  
 5 

 “Cash Equivalents”: (a) marketable direct obligations issued by, or
unconditionally guaranteed by, the United States Government or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one year from the date of acquisition; (b) certificates of
deposit, time deposits, eurodollar time deposits or overnight bank deposits having maturities of one year or less from the date of acquisition issued by any Lender or by any commercial bank organized under the laws of the United States or any state
thereof having combined capital and surplus of not less than $500,000,000; (c) commercial paper of an issuer rated at least A-1 by Standard & Poor’s Financial Services LLC (“S&P”) or P-1 by Moody’s
Investors Service, Inc. (“Moody’s”), or carrying an equivalent rating by a nationally recognized rating agency, if both of the two named rating agencies cease publishing ratings of commercial paper issuers generally, and
maturing within one year from the date of acquisition; (d) repurchase obligations of any Lender or of any commercial bank satisfying the requirements of clause (b) of this definition, having a term of not more than 30 days, with respect to
securities issued or fully guaranteed or insured by the United States government; (e) securities with maturities of one year or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United
States, by any political subdivision or taxing authority of any such state, commonwealth or territory or by any foreign government, the securities of which state, commonwealth, territory, political subdivision, taxing authority or foreign government
(as the case may be) are rated at least A by S&P or A by Moody’s; (f) securities with maturities of one year or less from the date of acquisition backed by standby letters of credit issued by any Lender or any commercial bank
satisfying the requirements of clause (b) of this definition; (g) money market mutual or similar funds for which substantially all of their investments are in assets satisfying the requirements of clauses (a) through (f) of this
definition; or (h) money market funds that (i) comply with the criteria set forth in SEC Rule 2a-7 under the Investment Company Act of 1940, as amended, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii) have
portfolio assets of at least $1,000,000,000. 
 “CFC”: a “controlled foreign corporation” within the
meaning of Section 957 of the Code. 
 “Closing Date”: the date on which the conditions precedent set
forth in Section 5.2 shall have been satisfied. 
 “Code”: the Internal Revenue Code of 1986, as amended.

 “Collateral”: all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is
purported to be created by any Security Document; provided that the Collateral shall not include any Excluded Collateral. 
 “Collective”: Collective Brands, Inc., a Delaware corporation. 

“Collective Credit Agreement”: the Second Amended and Restated Loan and Guaranty Agreement, dated August 16, 2011,
among Collective, the guarantors party thereto, the lenders party thereto, Wells Fargo Bank, National Association, as administrative agent, and the other agents and parties party thereto. 

“Commencement Date”: as defined in Section 8(c). 

“Commitment”: as to any Lender, the sum of the Tranche A Term Commitment, the Tranche B Term Commitment and the
Revolving Commitment of such Lender. 

  
 6 

 “Commitment Fee Rate”: 0.40% per annum; provided, that on and
after the first Adjustment Date occurring after the completion of the first full fiscal quarter of the Borrower after the Closing Date, the Commitment Fee Rate will be determined pursuant to the Applicable Pricing Grid. 

“Company Material Adverse Effect”: any change, event or occurrence that, individually or in the aggregate with all other
changes, events or occurrences, has a material adverse effect on the business, financial condition, assets, liabilities or results of operations of the PLG Business, taken as a whole; provided, however, that none of the following, and
no change, event or occurrence arising out of or resulting from the following, shall constitute or be taken into account in determining whether a “Company Material Adverse Effect” has occurred or may, would or could occur: 

(A) (1) changes, events or occurrences generally affecting the economy, credit, financial or capital markets, or
regulatory, legislative or political conditions in the United States or other countries in which the PLG Business conducts operations, including changes in interest and exchange rates, or (2) changes, events or occurrences that are the result
of factors generally affecting the industries in which the PLG Business primarily operates or in which the products or services of the PLG Business are primarily produced, distributed or sold; 

(B) changes or prospective changes in GAAP, applicable regulatory accounting standards or applicable Law or in the
interpretation or enforcement thereof; 
 (C) any geopolitical conditions, act of terrorism or an outbreak or
escalation of hostilities or war (whether or not declared) or any epidemics, pandemics, earthquakes, hurricanes, tornadoes or any other natural disasters (whether or not caused by any Person or any force majeure event) or any other national or
international calamity or crisis; 
 (D) execution, announcement, pendency or performance of the Acquisition
Agreement or the consummation of the transactions contemplated by the Acquisition Agreement, including the impact thereof on relationships, contractual or otherwise, with customers, suppliers, distributors, partners, employees or regulators to the
extent primarily related thereto; 
 (E) any litigation arising from allegations of breach of fiduciary duty or
violation of Law relating to the Acquisition Agreement for the transactions contemplated by the Acquisition Agreement; 
 (F) any decline in the market price, or change in trading volume, of any capital stock or debt securities of the Company (provided that the exception in this clause (F) shall not prevent or
otherwise affect a determination that any change, event or occurrence underlying such decline has resulted in or contributed to a Company Material Adverse Effect); 

(G) any change in the credit ratings of the Company or any of its Subsidiaries (provided that the exception in
this clause (G) shall not prevent or otherwise affect a determination that any change, event or occurrence underlying such decline has resulted in or contributed to a Company Material Adverse Effect); 

(H) any failure to meet any internal or public projections, forecasts or estimates of revenue, earnings, cash flow or
cash position (provided that the exception in this clause (H) shall not prevent or otherwise affect a determination that any change, event or occurrence underlying such failure has resulted in or contributed to a Company Material Adverse
Effect); and 

  
 7 

 (I) any action taken by the Company or the Company’s Subsidiaries that
is required by the Acquisition Agreement or taken at the express written request of Parent or Merger Sub (which request is made with the prior consent of the Lead Arrangers, not to be unreasonably withheld or delayed) or with the express written
consent of the Lead Arrangers (not to be unreasonably withheld or delayed) and Parent or Merger Sub, or the failure to take any action by the Company or its Subsidiaries if that action is not permitted or is prohibited by the Acquisition Agreement
(for the avoidance of doubt, it being understood that certain actions contemplated by the Company’s Long Range Plan are not permitted to be taken pursuant to Section 6.1 of the Acquisition Agreement and no change, event or occurrence
arising out of or resulting from the failure of the Company or any of its Subsidiaries to take such actions shall constitute or be taken into account in determining whether a Company Material Adverse Effect has occurred); 

provided, however, that the changes set forth in clauses (A), (B) or (C) above shall be taken into account
in determining whether a “Company Material Adverse Effect” has occurred to the extent (but only to such extent) such changes have a materially disproportionate adverse impact on the PLG Business, taken as a whole, relative to the other
participants in the principal industries in which the PLG Business conducts its businesses. 
 Capitalized terms used in the
definition of “Company Material Adverse Effect” but not otherwise defined herein shall have the meaning set forth in the Acquisition Agreement. 
 “Compliance Certificate”: a certificate duly executed by a Responsible Officer substantially in the form of Exhibit B. 

“Confidential Information Memorandum”: the Confidential Information Memorandum dated June 2012 and furnished to certain
Lenders. 
 “Connection Income Taxes”: Other Connection Taxes that are imposed on or measured by net income
(however denominated) or that are franchise Taxes or branch profits Taxes. 
 “Consolidated Current Assets”: at
any date, all amounts (other than cash and Cash Equivalents) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption) on a consolidated balance sheet of the Borrower and its
Restricted Subsidiaries at such date. 
 “Consolidated Current Liabilities”: at any date, all amounts that
would, in conformity with GAAP, be set forth opposite the caption “total current liabilities” (or any like caption) on a consolidated balance sheet of the Borrower and its Restricted Subsidiaries at such date, but excluding (a) the
current portion of any Funded Debt of the Borrower and its Restricted Subsidiaries and (b) without duplication of clause (a) above, all Indebtedness consisting of Revolving Loans or Swingline Loans to the extent otherwise included therein.

  
 8 

 “Consolidated EBITDA”: for any period, Consolidated Net Income for such
period plus, without duplication and to the extent reflected as a charge in the statement of such Consolidated Net Income for such period, the sum of (a) income tax expense, (b) interest expense, amortization or writeoff of debt
discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Loans), (c) depreciation and amortization expense, (d) amortization of intangibles (including, but not
limited to, goodwill) and organization costs, (e) any non-cash expenses or losses (including (i) whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, non-cash losses on
sales of assets outside of the ordinary course of business and (ii) non-cash expenses resulting from the grant of equity interests pursuant to any equity plan or stock option plan or any other management or employee benefit plan or agreement),
(f) any extraordinary losses, (g) non-recurring restructuring charges and other related non-recurring transition costs (i.e., incremental costs related to the restructuring charges that do not qualify as restructuring charges under FASB
ASC Topic 120), provided that the amount of such cash charges shall not exceed (i) $30,000,000 in the aggregate for any four consecutive fiscal quarters or (ii) $75,000,000 in the aggregate over the term of this Agreement,
(h) non-recurring charges, provided that the amount of such charges shall not exceed $10,000,000 in the aggregate for any four consecutive fiscal quarters, (i) any expenses or charges (other than depreciation or amortization
expense) related to the Transactions, provided that such expenses or charges are incurred within one year of the Closing Date and (j) any expenses or charges in respect of any offering of Capital Stock of the Borrower or any of its
Restricted Subsidiaries, any Permitted Acquisition, acquisition, disposition, recapitalization or incurrence of Indebtedness, in each case permitted under the Credit Agreement (whether or not successful), provided that the amount of such
expenses or charges shall not exceed $15,000,000 in the aggregate for any four consecutive fiscal quarters, and minus, (a) to the extent included in the statement of such Consolidated Net Income for such period, the sum of
(i) interest income, (ii) any extraordinary income or gains, (iii) any other non-cash income (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, gains on
the sales of assets outside of the ordinary course of business), (iv) non-recurring income or gains, provided that the amount of such income or gains shall not exceed $10,000,000 in the aggregate for any four consecutive fiscal quarters
and (v) income tax credits (to the extent not netted from income tax expense) and (b) any cash payments made during such period in respect of items described in clause (e) above subsequent to the fiscal quarter in which the relevant
non-cash expenses or losses were reflected as a charge in the statement of Consolidated Net Income (provided that the foregoing shall not apply to voluntary payments made in respect of underfundings in any Pension Plans), all as determined on
a consolidated basis. For the purposes of calculating Consolidated EBITDA for any Reference Period pursuant to any determination of the Consolidated Leverage Ratio or the Consolidated Secured Leverage Ratio, such calculation shall be made
(i) after giving effect to any Material Acquisition and any Material Disposition during such Reference Period and (ii) assuming that such Material Acquisition or Material Disposition occurred at the beginning of such Reference Period;
provided that any pro forma calculation made by the Borrower either (i) based on Regulation S-X or (ii) as calculated in good faith and set forth in an officer’s certificate of the Borrower (and in the case of this clause (ii),
based on audited financials of the target company or other financials reasonably satisfactory to the Administrative Agent) shall be acceptable. For the purposes of calculating Consolidated EBITDA for any Reference Period that includes periods prior
to the Closing Date, Consolidated EBITDA of the Borrower and its Subsidiaries shall be calculated after giving pro forma effect to the Transactions and assuming that the Transactions occurred at the beginning of such Reference Period;
provided that such amounts shall also be subject to pro forma adjustment after giving effect to any Material Acquisition (other than the Acquisition) and any Material Disposition occurring prior to the end of the applicable Reference Period;
provided further that any such pro forma calculation made by the Borrower (i) based on Regulation S-X or (ii) as calculated in good faith and set forth in an officer’s certificate of the Borrower (and in the case of this
clause (ii), based on audited financials of the target company or other financials reasonably satisfactory to the Administrative Agent) shall be acceptable. 
 “Consolidated Interest Coverage Ratio”: for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period. 

“Consolidated Interest Expense”: for any period, total cash interest expense (including that attributable to Capital
Lease Obligations) of the Borrower and its Restricted Subsidiaries for such period with respect to all outstanding Indebtedness of the Borrower and its Restricted Subsidiaries (including all commissions, discounts and other fees and charges owed
with respect to letters of credit and bankers’ acceptance financing and net costs under Swap Agreements in respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP). 

  
 9 

 “Consolidated Leverage Ratio”: as at the last day of any period, the ratio
of (a) Consolidated Total Debt on such day less (i) the aggregate amount of domestic unrestricted cash and domestic Cash Equivalents of the Borrower and its Domestic Subsidiaries in excess of $5,000,000 on such day and
(ii) 75% of the aggregate amount of unrestricted cash and Cash Equivalents of Non-Domestic Subsidiaries in excess of $5,000,000 on such day (provided that in no event shall the aggregate amount deducted pursuant to this clause
(ii) on any day exceed $225,000,000; provided further, that this clause (ii) shall apply to all uses of the defined term “Consolidated Leverage Ratio” in this Agreement other than the use of such term (x) in
the definition of “Applicable Pricing Grid”, (y) in the definition of “Excess Cash Flow” and (z) in Section 7.8) to (b) Consolidated EBITDA for such period; provided that for the purposes of any
calculation of the Consolidated Leverage Ratio on a pro forma basis, the proceeds of any Indebtedness being included in the Consolidated Total Debt determination solely as a result of such pro forma calculation shall not be included in determining
the amount of unrestricted cash and Cash Equivalents as of such day. 
 “Consolidated Net Income”: for any
period, the consolidated net income (or loss) of the Borrower and its Restricted Subsidiaries, determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded (a) the income (or deficit) of any Person
accrued prior to the date it becomes a Restricted Subsidiary of the Borrower or is merged into or consolidated with the Borrower or any of its Restricted Subsidiaries, (b) the income (or deficit) of any Person (other than a Restricted
Subsidiary of the Borrower) in which the Borrower or any of its Restricted Subsidiaries has an ownership interest, except to the extent that any such income is actually received by the Borrower or such Restricted Subsidiary in the form of dividends
or similar equity distributions and (c) the undistributed earnings of any Restricted Subsidiary of the Borrower to the extent that the declaration or payment of dividends or similar distributions by such Restricted Subsidiary is not at the time
permitted by the terms of any Contractual Obligation (other than any restriction permitted by Section 7.13) applicable to such Restricted Subsidiary. 
 “Consolidated Secured Debt”: at any date, Consolidated Total Debt that is secured by a Lien on the assets of the Borrower or any of its Restricted Subsidiaries (it being understood that
any Factoring Indebtedness and any Receivables Transaction Attributed Indebtedness shall be considered Consolidated Secured Debt). 
 “Consolidated Secured Leverage Ratio”: as of the last day of any period, the ratio of (a) Consolidated Secured Debt on such day less (i) the aggregate amount of
domestic unrestricted cash and domestic Cash Equivalents of the Borrower and its Domestic Subsidiaries in excess of $5,000,000 on such day and (ii) 75% of the aggregate amount of unrestricted cash and Cash Equivalents of Non-Domestic
Subsidiaries in excess of $5,000,000 on such day (provided that in no event shall the aggregate amount deducted pursuant to this clause (ii) on any day exceed $225,000,000; provided further, that this clause (ii) shall
apply to all uses of the defined term “Consolidated Secured Leverage Ratio” in this Agreement other than the use of such term in Section 7.8) to (b) Consolidated EBITDA for such period; provided that for the purposes of
any calculation of the Consolidated Secured Leverage Ratio on a pro forma basis, the proceeds of any Indebtedness being included in the Consolidated Secured Debt determination solely as a result of such pro forma calculation shall not be included in
determining the amount of unrestricted cash and Cash Equivalents as of such day. 
 “Consolidated Tangible
Assets”: as of any date, the total tangible assets of the Borrower and its Restricted Subsidiaries, calculated in accordance with GAAP on a consolidated basis as of such date. 

  
 10 

 “Consolidated Total Assets”: as of any date, the total assets of the
Borrower and its Restricted Subsidiaries, calculated in accordance with GAAP on a consolidated basis as of such date. 

“Consolidated Total Debt”: at any date, the aggregate principal amount of all Indebtedness of the Borrower and its
Restricted Subsidiaries at such date (other than (i) Indebtedness under clause (g) of the definition of Indebtedness and (ii) Obligations in respect of undrawn Letters of Credit not to exceed $10,000,000 in the aggregate at any time),
determined on a consolidated basis in accordance with GAAP. 
 “Consolidated Working Capital”: at any date, the
excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date. 

“Contractual Obligation”: as to any Person, any provision of any security issued by such Person or of any agreement,
instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Credit Party”: the Administrative Agent, the Foreign Currency Agent, the Issuing Lender, the Swingline Lender or any
other Lender. 
 “Default”: any of the events specified in Section 8, whether or not any requirement for
the giving of notice, the lapse of time, or both, has been satisfied, including, in any event, a “Default” under and as defined in the Senior Unsecured Debt Agreement and/or the Bridge Credit Agreement, as applicable. 

“Defaulting Lender”: any Lender that (a) has failed, within two Business Days of the date required to be funded or
paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit, Swingline Loans or Foreign Currency Loans or (iii) pay over to any Credit Party any other amount required to be paid by it
hereunder, unless, in the case of clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding (specifically
identified and including the particular default, if any) has not been satisfied, (b) has notified the Borrower or any Credit Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of
its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender’s good faith determination that a condition precedent (specifically identified and including the
particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by a Credit Party, acting
in good faith, to provide a certification in writing from an authorized officer of such Lender that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and participations in then
outstanding Letters of Credit, Swingline Loans and Foreign Currency Loans under this Agreement, provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party’s receipt of such
certification in form and substance satisfactory to it and the Administrative Agent, or (d) has become the subject of a Bankruptcy Event. 
 “Deposit Account”: as defined in the Uniform Commercial Code of any applicable jurisdiction. 
 “Deposit Account Control Agreement”: a Deposit Account control agreement to be executed by each institution maintaining a Deposit Account (other than an Excluded Account) for the Borrower
or any other Loan Party, in each case as required by Section 6.10(e) or Section 6.12(b). 

  
 11 

 “Designated Non-Cash Consideration”: the fair market value (as determined
by the Borrower in good faith) of non-cash consideration received by the Borrower or a Restricted Subsidiary in connection with a Disposition pursuant to Section 7.5(l) that is designated as Designated Non-Cash Consideration pursuant to a
certificate of a Responsible Officer delivered on the date of consummation of such Disposition, setting forth the basis of such valuation. 
 “Disposition”: with respect to any property, any sale, lease, sale and leaseback, assignment, conveyance, transfer or other disposition thereof. The terms “Dispose” and
“Disposed of” shall have correlative meanings. 
 “Disqualified Capital Stock”: any Capital
Stock which, by its terms (or by the terms of any security or other Capital Stock into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other
than solely for Capital Stock that is not Disqualified Capital Stock and/or cash in lieu of fractional shares), pursuant to a sinking fund obligation or otherwise (except as a result of a change in control or asset sale so long as any right of the
holders thereof upon the occurrence of a change in control or asset sale event shall be subject to the occurrence of the Termination Date), (b) is redeemable at the option of the holder thereof (other than solely for Capital Stock that is not
Disqualified Capital Stock and/or cash in lieu of fractional shares), in whole or in part (except as a result of a change in control or asset sale so long as any right of the holders thereof upon the occurrence of a change in control or asset sale
event shall be subject to the occurrence of the Termination Date), (c) requires the payment of any cash dividend or any other scheduled cash payment constituting a return of capital or (d) is or becomes convertible into or exchangeable for
Indebtedness or any other Capital Stock that would constitute Disqualified Capital Stock , in each case, prior to the date that is ninety-one (91) days after the Tranche B Term Maturity Date; provided that if such Capital Stock is issued
to any plan for the benefit of employees of the Borrower or its Restricted Subsidiaries or by any such plan to such employees, such Capital Stock shall not constitute Disqualified Capital Stock solely because it may be required to be repurchased by
the Borrower or its Restricted Subsidiaries in order to satisfy applicable statutory or regulatory obligations. 

“Disregarded Entity”: any entity treated as disregarded as an entity separate from its owner under Treasury Regulations
Section 301.7701-3. 
 “Documentation Agents”: the Documentations Agent identified on the cover page of
this Agreement. 
 “Dollar Equivalent”: with respect to an amount denominated in any currency other than
Dollars, the equivalent in Dollars of such amount determined at the Exchange Rate on the most recent Calculation Date. 

“Dollars” and “$”: dollars in lawful currency of the United States. 

“Domestic Subsidiary”: any Restricted Subsidiary of the Borrower organized under the laws of any jurisdiction within the
United States. 
 “Domestic Unrestricted Subsidiary”: any Unrestricted Subsidiary of the Borrower organized
under the laws of any jurisdiction within the United States. 
 “Earnout Obligations”: those payment
obligations of the Borrower and its Restricted Subsidiaries to former owners of businesses which were acquired by the Borrower or one of its Restricted Subsidiaries pursuant to an acquisition which are in the nature of deferred purchase price to the
extent such obligations are required to be set forth with respect to such payment obligations on a balance sheet of the Borrower or one of its Restricted Subsidiaries prepared in accordance with GAAP; provided, that Earnout Obligations shall
not include any such obligations that are payable after the Tranche B Term Maturity Date. 

  
 12 

 “ECF Percentage”: 50%; provided, that with respect to any fiscal
year, (a) the ECF Percentage shall be reduced to 25% if the Consolidated Leverage Ratio as of the last day of such fiscal year is not greater than 3.75 to 1.0 (b) the ECF Percentage shall be reduced to 0% if the Consolidated Leverage Ratio
as of the last day of such fiscal year is not greater than 3.25 to 1.0. 
 “Effective Date”: as defined in
Section 5.1. 
 “Environmental Laws”: any and all foreign, Federal, state, local or municipal laws, rules,
orders, regulations, statutes, ordinances, codes, decrees, requirements of any Governmental Authority or other Requirements of Law (including common law) regulating, relating to or imposing liability or standards of conduct concerning protection of
human health or the environment, as now or may at any time hereafter be in effect. 
 “ERISA”: the Employee
Retirement Income Security Act of 1974, as amended from time to time. 
 “ERISA Affiliate”: any trade or
business (whether or not incorporated) that, together with any Group Member, is treated as a single employer under Section 414 of the Code. 
 “ERISA Event”: (a) the existence with respect to any Plan of a non-exempt Prohibited Transaction; (b) any Reportable Event; (c) the failure of any Group Member or ERISA
Affiliate to make by its due date a required installment under Section 430(j) of the Code with respect to any Pension Plan or any failure by any Pension Plan to satisfy the minimum funding standards (within the meaning of Section 412 of
the Code or Section 302 of ERISA) applicable to such Pension Plan, whether or not waived; (d) a determination that any Pension Plan is, or is expected to be, in “at risk” status (within the meaning of Section 430 of the Code
or Section 303 of ERISA); (e) the filing pursuant to Section 412 of the Code or Section 302 of ERISA of an application for a waiver of the minimum funding standard with respect to any Pension Plan; (f) the occurrence of any
event or condition which would reasonably be expected to result in the termination of, or the appointment of a trustee to administer, any Pension Plan or the incurrence by any Group Member or any ERISA Affiliate of any liability under Title IV
of ERISA with respect to the termination of any Pension Plan, including but not limited to the imposition of any Lien in favor of the PBGC or any Pension Plan; (g) the receipt by any Group Member or any ERISA Affiliate from the PBGC or a plan
administrator of any notice relating to an intention to terminate any Pension Plan or to appoint a trustee to administer any Pension Plan under Section 4042 of ERISA; (h) the failure by any Group Member or any of its ERISA Affiliates to
make any required contribution to a Multiemployer Plan pursuant to Sections 431 or 432 of the Code; (i) the incurrence by any Group Member or any ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal from any
Pension Plan or Multiemployer Plan; (j) the receipt by any Group Member or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from a Group Member or any ERISA Affiliate of any notice, concerning the imposition of
Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, Insolvent, in Reorganization, in “endangered” or “critical” status (within the meaning of Section 432 of the Code or
Section 305 of ERISA), or terminated (within the meaning of Section 4041A of ERISA); or (k) the failure by any Group Member or any of its ERISA Affiliates to pay when due (after expiration of any applicable grace period) any
installment payment with respect to Withdrawal Liability under Section 4201 of ERISA. 
 “Euro”: the
single currency of participating member states of the European Union. 

  
 13 

 “Eurocurrency Loans”: Loans the rate of interest applicable to which is
based upon the Eurocurrency Rate. 
 “Eurocurrency Rate”: with respect to each day during
each Interest Period pertaining to a Eurocurrency Loan, the rate per annum determined on the basis of the rate for deposits in the applicable currency for a period equal to such Interest Period commencing on the first day of such Interest Period
appearing on the Reuters Screen LIBOR01 Page as of 11:00 A.M., London time, two Business Days prior to the beginning of such Interest Period (or such other Business Day as the Administrative Agent shall deem applicable with respect to any currency).
In the event that such rate does not appear on such page (or otherwise on such screen), the “Eurocurrency Rate” shall be determined by reference to such other comparable publicly available service for displaying rates for deposits
for the applicable currency as may be selected by the Administrative Agent or, in the absence of such availability, by reference to the rate at which the Administrative Agent is offered deposits in such currency at or about 11:00 A.M., London time,
two Business Days prior to the beginning of such Interest Period (or such other Business Day as the Administrative Agent shall deem applicable with respect to any currency) in the interbank market where its foreign currency and exchange operations
are then being conducted for delivery on the first day of such Interest Period for the number of days comprised therein. Notwithstanding the foregoing, (i) with respect to any Eurocurrency Loan denominated in a Foreign Currency, the
Eurocurrency Rate shall mean the Eurocurrency Rate plus if applicable, as reasonably determined by the Administrative Agent in accordance with Schedule 1.1C, the Mandatory Costs and (ii) the Eurocurrency Rate applicable to any Tranche B
Term Loan shall, in any event, be at all times no less than 1.00 %. 
 “Eurocurrency Tranche”: the collective
reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same
day). 
 “Event of Default”: any of the events specified in Section 8, provided that any
requirement for the giving of notice, the lapse of time, or both, has been satisfied. 
 “Excess Cash Flow”:
for any fiscal year of the Borrower ending on or after December 31, 2013, the excess, if any, of (a) the sum, without duplication, of (i) Consolidated Net Income for such fiscal year, (ii) the amount of all non-cash charges
(including depreciation and amortization) deducted in arriving at such Consolidated Net Income, (iii) decreases in Consolidated Working Capital for such fiscal year, and (iv) the aggregate net amount of non-cash loss on the Disposition of
property by the Borrower and its Restricted Subsidiaries during such fiscal year (other than sales of inventory in the ordinary course of business), to the extent deducted in arriving at such Consolidated Net Income over (b) the sum,
without duplication, of (i) the amount of all non-cash gains or credits included in arriving at such Consolidated Net Income, (ii) the aggregate amount actually paid by the Borrower and its Restricted Subsidiaries in cash during such
fiscal year on account of Capital Expenditures (excluding the principal amount of Indebtedness used to finance such expenditures and any such expenditures financed with the proceeds of any Reinvestment Deferred Amount or the proceeds of an offering
of Capital Stock), (iii) the aggregate amount of all prepayments of Revolving Loans and Swingline Loans during such fiscal year to the extent accompanying permanent optional reductions of the Revolving Commitments and all optional prepayments
of the Term Loans and Bridge Loans during such fiscal year (excluding the principal amount of Indebtedness used to finance such prepayments and any such prepayments financed with the proceeds of an offering of Capital Stock), (iv) the aggregate
amount of all regularly scheduled principal payments of Funded Debt (including the Term Loans) of the Borrower and its Restricted Subsidiaries made during such fiscal year (other than in respect of any revolving credit facility to the extent there
is not an equivalent permanent reduction in commitments thereunder), (v) increases in Consolidated Working Capital for such fiscal year, (vi) the aggregate net amount of non-cash gain on the Disposition of property by the Borrower and its
Restricted Subsidiaries during such fiscal year (other than sales of inventory in the ordinary course of business), to the extent included in arriving at such Consolidated Net Income, (vii) the aggregate consideration paid in cash during such
fiscal year in respect of Permitted Acquisitions (excluding the principal amount of Indebtedness used to finance such Permitted Acquisition and any such consideration financed with the proceeds of any Reinvestment Deferred Amount or the proceeds of
an offering of Capital Stock), (viii) the aggregate Investments made in cash during such fiscal year in respect of joint ventures (excluding the principal amount of Indebtedness used to finance such Investment and any consideration financed
with the proceeds of any Reinvestment Deferred Amount or the proceeds of an offering of Capital Stock), provided that the aggregate amount of any deduction pursuant to this clause (viii) shall not exceed $10,000,000 in any fiscal year or
$25,000,000 over the term of this Agreement and (ix) the aggregate amount of Restricted Payments made pursuant to Section 7.6(e) (excluding the principal amount of Indebtedness used to finance such Restricted Payments and any such
Restricted Payments financed with the proceeds of an offering of Capital Stock). 

  
 14 

 “Excess Cash Flow Application Date”: as defined in Section 2.12(c).

 “Exchange Act”: as defined in Section 8(k). 

“Exchange Rate”: with respect to any non-Dollar currency on any date, the rate at which such currency may be exchanged
into Dollars, as set forth on such date on the relevant Reuters currency page at or about 11:00 A.M., London time, on such date. In the event that such rate does not appear on any Reuters currency page, the “Exchange Rate” with respect to
such non-Dollar currency shall be determined by reference to such other publicly available service for displaying exchange rates as may be agreed upon by the Administrative Agent and the Borrower or, in the absence of such agreement, such
“Exchange Rate” shall instead be the Administrative Agent’s spot rate of exchange in the interbank market where its foreign currency exchange operations in respect of such non-Dollar currency are then being conducted, at or about
10:00 A.M., Local Time, on such date for the purchase of Dollars with such non-Dollar currency, for delivery two Business Days later (or such other Business Day as the Administrative Agent shall deem applicable with respect to any currency);
provided, that if at the time of any such determination, no such spot rate can reasonably be quoted, the Administrative Agent may use any reasonable method as it deems applicable to determine such rate, and such determination shall be
conclusive absent manifest error. 
 “Excluded Account: a Deposit Account (i) which is used for the purpose of
making payroll and withholding tax payments related thereto and other employee wage and benefit payments and accrued and unpaid employee compensation (including salaries, wages, benefits and expense reimbursements), (ii) which is a zero-balance
account or (iii) which is a Petty Cash Account. 
 “Excluded Collateral”: as defined in the Guarantee and
Collateral Agreement (including, for the avoidance of doubt, any property or assets of any CFC (whether held directly or indirectly) and any intercompany loans, Indebtedness or receivables owed by any CFC or treated as owed by any CFC for U.S.
federal income tax purposes and including any assets of an Unrestricted Subsidiary or any assets of or Capital Stock in any of an Unrestricted Subsidiary’s direct or indirect subsidiaries). For the sake of clarity, no Excluded Collateral shall
be required to be pledged to secure any Obligations of any Group Member under any Loan Document. 
 “Excluded
Disclosure”: as defined in Section 5.2(d). 
 “Excluded Foreign Subsidiary”: any (i) CFC,
(ii) Subsidiary that is owned directly or indirectly by a CFC and (iii) Foreign Holding Company. 

  
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 “Excluded Securities Account”: a Securities Account with a balance of less
than $1,000,000. 
 “Excluded Taxes”: any of the following Taxes imposed on or with respect to a Credit Party
or required to be withheld or deducted from a payment to a Credit Party, (a) Taxes imposed on or measured by net income or overall gross income (however denominated) and franchise Taxes, in each case, (i) imposed as a result of such Credit
Party 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) any branch profits Taxes or similar Taxes, or any alternative minimum tax, imposed on a Credit Party, (c) in the case of a Lender, U.S. Federal withholding Taxes imposed on amounts payable to or for the account of
such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the
Borrower under Section 2.23) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 2.20, amounts with respect to such Taxes were payable either to such Lender’s assignor
immediately before such Lender acquired the applicable interest in a Loan or Commitment or to such Lender immediately before it changed its lending office, (d) Taxes attributable to such Credit Party’s failure to comply with
Section 2.20(f), (e) any U.S. Federal withholding Taxes imposed under FATCA, (f) any changes in the backup withholding rate and (g) all penalties and interest with respect to any of the foregoing. 

“Existing Credit Agreement”: the Credit Agreement, dated as of June 7, 2010, among the Borrower, the foreign
subsidiary borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. 

“Existing Letters of Credit”: those letters of credit set forth on Schedule 1.1E to this Agreement that are issued under
the Existing Credit Agreement or under the Collective Credit Agreement by JPMorgan Chase Bank, N.A. 

“Facility”: each of (a) the Tranche A Term Commitments and the Tranche A Term Loans made thereunder (the
“Tranche A Term Facility”), (b) the Tranche B Term Commitments and the Tranche B Term Loans made thereunder (the “Tranche B Term Facility”), (c) the Revolving Commitments and the extensions of credit made
thereunder (the “Revolving Facility”) and (d) the Incremental Term Loans (the “Incremental Term Facility”). 
 “Factoring Indebtedness”: at any time, the amount at such time of outstanding receivables or similar obligations sold by Restricted Subsidiaries pursuant to factoring agreements with a
non-affiliated third party that would be characterized as principal with respect to Indebtedness if such factoring agreement were structured as a secured lending transaction rather than as a purchase of receivables. 

“FATCA”: 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) and any current or future regulations or official interpretations thereof. 
 “Federal Funds Effective Rate”: for any day, the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds
brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for the day of such transactions received
by JPMorgan Chase Bank, N.A. from three federal funds brokers of recognized standing selected by it. 

  
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 “Fee Payment Date”: (a) after the Closing Date, the third Business Day
following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period. 
 “Foreign Benefit Arrangement”: any employee benefit arrangement mandated by non-US law that is maintained or contributed to by any Group Member or any ERISA Affiliate. 

“Foreign Currency”: Canadian Dollars, Pounds Sterling, the Euro, Hong Kong Dollars, Swedish Kronor and Swiss Francs and
any additional currencies determined after the Closing Date by mutual agreement of the Borrower, the Foreign Currency Lenders and the Administrative Agent; provided each such currency is a lawful currency that is readily available, freely
transferable and not restricted, able to be converted into Dollars and available in the London interbank deposit market. 

“Foreign Currency Agent”: J.P. Morgan Europe Limited, as foreign currency agent with respect to the Foreign Currency
Loans, together with any of its successors. 
 “Foreign Currency Lenders”: the Fronting Lender and, with
respect to any Foreign Currency, such other Lenders as may be designated in writing by the Borrower as Foreign Currency Lenders with respect to such Foreign Currency which agree in writing to act as such in accordance with the terms hereof and are
reasonably acceptable to the Administrative Agent (which Foreign Currency Lenders, as of the Closing Date, are listed on Schedule 1.1F), or any of their respective affiliates, in each case in their capacities as the lenders of Foreign Currency Loans
pursuant to Section 2.4(b). 
 “Foreign Currency Loan Participants”: with respect to each Foreign Currency
Loan, the collective reference to all Revolving Lenders other than the Foreign Currency Lenders with respect to such Foreign Currency Loan. 
 “Foreign Currency Loans”: Revolving Loans denominated in any Foreign Currency. 
 “Foreign Currency Participation Fee”: as defined in Section 2.8(d). 
 “Foreign Currency Participating Interest”: as defined in Section 2.10(a). 
 “Foreign Currency Sublimit”: $100,000,000. 
 “Foreign
Holding Company”: any (i) Subsidiary all or substantially all of the assets of which consist of the Capital Stock of one or more CFCs or all or substantially all of the assets of which consist of intercompany loans, indebtedness or
receivables owed by any CFC, and (ii) Disregarded Entity all or substantially all of the assets of which consist of the Capital Stock of one or more Subsidiaries described in part (i) of this definition. 

“Foreign Plan”: each employee benefit plan (within the meaning of Section 3(3) of ERISA, whether or not subject to
ERISA) that is not subject to US law and is maintained or contributed to by any Group Member or any ERISA Affiliate. 

“Foreign Plan Event”: with respect to any Foreign Benefit Arrangement or Foreign Plan, (a) the failure to make or,
if applicable, accrue in accordance with normal accounting practices, any employer or employee contributions required by applicable law or by the terms of such Foreign Benefit Arrangement or Foreign Plan; (b) the failure to register or loss of
good standing with applicable regulatory authorities of any such Foreign Benefit Arrangement or Foreign Plan required to be registered; or (c) the failure of any Foreign Benefit Arrangement or Foreign Plan to comply with any material provisions
of applicable law and regulations or with the material terms of such Foreign Benefit Arrangement or Foreign Plan. 

  
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 “Foreign Subsidiary”: any Restricted Subsidiary of the Borrower that is not
a Domestic Subsidiary. 
 “Fronted Foreign Currency Loans”: the Foreign Currency Loans made by the Fronting
Lender (other than Foreign Currency Loans made by it in an amount equal to the Fronting Lender’s Revolving Percentage of the outstanding Foreign Currency Loans). 
 “Fronting Lender”: JPMorgan Chase Bank, N.A. 
 “Funded
Debt”: as to any Person, all Indebtedness of such Person that matures more than one year from the date of its creation or matures within one year from such date but is renewable or extendible, at the option of such Person, to a date more
than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including all current maturities and current sinking
fund payments in respect of such Indebtedness whether or not required to be paid within one year from the date of its creation and, in the case of the Borrower, Indebtedness in respect of the Loans. 

“Funding Office”: the office of the Administrative Agent specified in Section 10.2 or such other office as may be
specified from time to time by the Administrative Agent as its funding office by written notice to the Borrower and the Lenders. 
 “GAAP”: generally accepted accounting principles in the United States as in effect from time to time, except that for purposes of Section 7.1, GAAP shall be determined on the basis
of such principles in effect on the date hereof. In the event that any “Accounting Change” (as defined below) shall occur and such change results in a change in the method of calculation of financial covenants, standards or terms in this
Agreement, then the Borrower and the Administrative Agent agree to enter into negotiations in order to amend such provisions of this Agreement so as to reflect equitably such Accounting Change with the desired result that the criteria for evaluating
the Borrower’s financial condition shall be the same after such Accounting Change as if such Accounting Change had not been made. Until such time as such an amendment shall have been executed and delivered by the Borrower, the Administrative
Agent and the Required Lenders, all financial covenants, standards and terms in this Agreement shall continue to be calculated or construed as if such Accounting Change had not occurred. “Accounting Changes” refers to changes in accounting
principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or, if applicable, the SEC. Notwithstanding any other
provisions of this Agreement, the adoption or issuance of any accounting standards after the Effective Date will not cause any rental obligation that was not or would not have been a Capital Lease Obligation prior to such adoption or issuance to be
deemed a Capital Lease Obligation. 
 “Governmental Authority”: any nation or government (including any
supra-national bodies such as the European Union or the European Central Bank), any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any securities exchange and any self-regulatory organization (including the National Association of Insurance Commissioners). 

“Group Members”: the collective reference to the Borrower and its respective Restricted Subsidiaries. 

  
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 “Guarantee and Collateral Agreement”: the Guarantee and Collateral
Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A. 

“Guarantee Obligation”: as to any Person (the “guaranteeing person”), any obligation, including a
reimbursement, counterindemnity or similar obligation, of the guaranteeing Person that guarantees or in effect guarantees, or which is given to induce the creation of a separate obligation by another Person (including any bank under any letter of
credit) that guarantees or in effect guarantees, any Indebtedness, leases, dividends or other obligations (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly
or indirectly, including any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or supply funds
(1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase
property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the
owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guarantee Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The
amount of any Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary obligation in respect of which such Guarantee Obligation is made and
(b) such guaranteeing person’s maximum reasonably anticipated liability in respect thereof as determined by the Borrower in good faith. 
 “Hong Kong Dollars”: the lawful currency of Hong Kong. 

“Hostile Acquisition”: (a) the acquisition of the Capital Stock of a Person through a tender offer or similar
solicitation of the owners of such Capital Stock which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and
(b) any such acquisition as to which such approval has been withdrawn. 
 “Immaterial Subsidiary”: at any
date, a Restricted Subsidiary of the Borrower that is not a Material Subsidiary. 
 “Increased Facility Activation
Date”: any Business Day on which any Lender shall execute and deliver to the Administrative Agents an Increased Facility Activation Notice pursuant to Section 2.25(a). 

“Increased Facility Activation Notice”: a notice substantially in the form of Exhibit G-1 or G-2, as applicable.

 “Increased Facility Closing Date”: any Business Day designated as such in an Increased Facility Activation
Notice. 
 “Incremental Equivalent Debt”: as defined in Section 7.2(n). 

“Incremental Revolving Commitments”: as defined in Section 2.25(a). 

“Incremental Term Facility”: as defined in the definition of “Facility”. 

  
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 “Incremental Term Lenders”: (a) on any Increased Facility Activation
Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan. 

“Incremental Term Loans”: the Incremental Tranche A Term Loans and the Incremental Tranche B Term Loans. 

“Incremental Tranche A Term Facility”: the commitments (if any) of Lenders (including New Lenders) to make Incremental
Tranche A Term Loans in accordance with Section 2.25(a) and the Incremental Tranche A Term Loans in respect thereof. 

“Incremental Tranche A Term Loans”: any term loans made pursuant to Section 2.25(a) and designated in the
applicable Increased Facility Activation Notice as “Incremental Tranche A Term Loans”. 
 “Incremental Tranche
B Term Facility”: the commitments (if any) of Lenders (including New Lenders) to make Incremental Tranche B Term Loans in accordance with Section 2.25(a) and the Incremental Tranche B Term Loans in respect thereof. 

“Incremental Tranche B Term Loans”: any term loans made pursuant to Section 2.25(a) and designated in the
applicable Increased Facility Activation Notice as “Incremental Tranche B Term Loans”. 
 “Incremental Term
Maturity Date”: with respect to the Incremental Term Loans to be made pursuant to any Increased Facility Activation Notice, the maturity date specified in such Increased Facility Activation Notice, which date shall not be earlier than the
final maturity of the Tranche A Term Loans and Tranche B Term Loans, as applicable. 
 “Indebtedness”: of any
Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property or services (other than current trade payables incurred in the
ordinary course of such Person’s business), (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any conditional sale or other title
retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (e) all
Capital Lease Obligations of such Person, (f) all obligations of such Person, contingent or otherwise, as an account party or applicant under or in respect of bankers’ acceptances, letters of credit, surety bonds or similar arrangements,
(g) the liquidation value of all Disqualified Capital Stock of such Person, (h) all Receivables Transaction Attributed Indebtedness of such Person, (i) all Synthetic Lease Attributed Indebtedness of such Person, (j) all Factoring
Indebtedness of such Person, (k) all Guarantee Obligations of such Person in respect of obligations of the kind referred to in clauses (a) through (j) above, (l) all obligations of the kind referred to in clauses (a) through
(k) above secured by any Lien on property (including accounts and contract rights) owned by such Person, whether or not such Person has assumed or become liable for the payment of such obligation; provided that the amount of such Indebtedness
will be the lesser of the fair market value of such asset at the date of determination and the amount of Indebtedness so secured, and (m) for the purposes of Section 8(e) only, all obligations of such Person in respect of Swap Agreements.
The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person’s ownership interest
in or other relationship with such entity, except to the extent the terms of such Indebtedness expressly provide that such Person is not liable therefor. 

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

“Insolvent”: with respect to any Multiemployer Plan, the condition that such plan is insolvent within the meaning of
Section 4245 of ERISA. 
 “Intellectual Property”: the collective reference to all rights, priorities and
privileges relating to intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including copyrights, copyright licenses, patents, patent licenses, trademarks, trademark licenses, technology, know-how
and processes, and all rights to sue at law or in equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom. 
 “Interest Payment Date”: (a) as to any ABR Loan (other than any Swingline Loan), the last day of each March, June, September and December (or, if an Event of Default is in existence,
the last day of each calendar month) to occur while such Loan is outstanding and the final maturity date of such Loan, (b) as to any Eurocurrency Loan having an Interest Period of three months or less, the last day of such Interest Period,
(c) as to any Eurocurrency Loan having an Interest Period longer than three months, each day that is three months, or a whole multiple thereof, after the first day of such Interest Period and the last day of such Interest Period, (d) as to
any Loan (other than any Revolving Loan that is an ABR Loan and any Swingline Loan), the date of any repayment or prepayment made in respect thereof and (e) as to any Swingline Loan, the day that such Loan is required to be repaid. 

“Interest Period”: as to any Eurocurrency Loan, (a) initially, the period commencing on the borrowing or conversion
date, as the case may be, with respect to such Eurocurrency Loan and ending one, two, three or six months thereafter, as selected by the Borrower in its notice of borrowing or notice of conversion, as the case may be, given with respect thereto; and
(b) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such Eurocurrency Loan and ending one, two, three or six months thereafter, as selected by the Borrower by irrevocable notice to the
Administrative Agent not later than 11:00 A.M., Local Time, on the date that is three Business Days prior to the last day of the then current Interest Period with respect thereto; provided that, all of the foregoing provisions relating to
Interest Periods are subject to the following: 
 (i) if any Interest Period would otherwise end on a day that is
not a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month in which event such Interest Period shall end on
the immediately preceding Business Day; 
 (ii) the Borrower may not select an Interest Period under a particular
Facility that would extend beyond the Revolving Termination Date or beyond the date final payment is due on the relevant Term Loans, as the case may be; and 
 (iii) any Interest Period 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 a calendar month. 
 “Interim Agreement”: the Interim Agreement,
dated as of May 1, 2012, by and among WBG Holdings, WBG-PSS Merger Sub Inc., the Borrower, Golden Gate Capital Opportunity Fund, L.P. and Blum Strategic Partners IV, L.P. 

  
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 “Investments”: as defined in Section 7.7. 

“IP Assets”: as defined in the definition of “IP Reorganization”. 

“IP Reorganization”: a reorganization of the Purchased Subsidiaries and their assets such that (a) the ownership of
certain Intellectual Property of the Purchased Subsidiaries and related agreements, licenses and other similar assets (such Intellectual Property and related assets, collectively, the “IP Assets”) will be directly or indirectly
transferred to (i) a CFC designated in writing by the Borrower (“New CFC”), which is 100% owned by the Borrower and/or Wholly Owned Domestic Subsidiaries that are Loan Parties (which may include Open Water Ventures, LLC) (such
entity, “U.S. Newco”), or (ii) New CFC Subsidiaries, (b) the assets of the Purchased Subsidiaries (other than the IP Assets and Capital Stock of certain Purchased Subsidiaries that are Non-Domestic Subsidiaries) shall be
owned by the Borrower or one of its Domestic Subsidiaries and (c) 100% of the Capital Stock of WILP (or any Person owning 100% of the Capital Stock of WILP) is acquired directly or indirectly by one or more New CFC Entities. 

“IP Reorganization Transactions”: a set of transactions entered into by the Borrower and any of its Restricted
Subsidiaries the purpose of which is to effect the IP Reorganization and the payment of a dividend by New CFC to U.S. Newco in the form of an intercompany note (the “New CFC Intercompany Note”). The IP Reorganization Transactions
are any or all of the following: (i) the conversion of certain Domestic Subsidiaries to limited liability companies (and/or the liquidation of such Subsidiaries or merger of such Subsidiaries into any other Subsidiary that is a Domestic
Subsidiary or any Loan Party), (ii) an election to treat certain Non-Domestic Subsidiaries as disregarded entities for U.S. federal income tax purposes; (iii) the transfer of the Capital Stock of one or more of the Purchased Subsidiaries
to one or more New CFC Entities; (iv) the Disposition or distribution of the IP Assets and foreign assets of the Purchased Subsidiaries to one or more New CFC Entities; (v) the Disposition, distribution or transfer by merger of the Capital
Stock and assets of the Purchased Subsidiaries (other than the IP Assets and foreign assets of the Purchased Subsidiaries and the Capital Stock of certain Purchased Subsidiaries that are Non-Domestic Subsidiaries), including certain domestic
tangible assets and/or work force (and any related assets) of any of the Purchased Subsidiaries to the Borrower or one of its Wholly Owned Domestic Subsidiaries, (vi) the declaration of a dividend by New CFC to U.S. Newco in the form of the New
CFC Intercompany Note, (vii) the acquisition by one or more of the New CFC Entities of 100% of the Capital Stock of WILP (or any Person owning 100% of the Capital Stock of WILP), (viii) the issuance and repayment of the New CFC
Intercompany Note with reasonable and customary interest thereon and (ix) additional ancillary transactions (including any direct or indirect intermediate transactions with respect to any of the transactions set forth in clauses
(i) through (viii) above), so long as (A) no assets of the Borrower or any Subsidiary that is not a Purchased Subsidiary (other than any Capital Stock or assets of WILP and its Subsidiaries) are transferred or Disposed of in
connection therewith and (B) pending completion of the IP Reorganization, the assets of the Purchased Subsidiaries are at all times held by Loan Parties, U.S. Newco and/or New CFC Entities (other than (1) with respect to any IP
Reorganization Transaction in which, substantially simultaneously with such transaction, the IP Assets of the Purchased Subsidiaries are held by Loan Parties, U.S. Newco or New CFC Entities and (2) Dispositions permitted by Section 7.5(a),
(b), (j) and (l)). 
 “IRS”: the United States Internal Revenue Service. 

“Issuing Lender”: each of JPMorgan Chase Bank, N.A. and any other Revolving Lender approved by the Administrative Agent
and the Borrower that has agreed in its sole discretion to act as an “Issuing Lender” hereunder, or any of their respective affiliates, in each case in its capacity as issuer of any Letter of Credit. Each reference herein to “the
Issuing Lender” shall be deemed to be a reference to the relevant Issuing Lender. 

  
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 “Judgment Currency”: as defined in Section 10.15(a). 

“Judgment Currency Conversion Date”: as defined in Section 10.15(a). 

“L/C Commitment”: $50,000,000. 
 “L/C Exposure”: at any time, the total L/C Obligations. The L/C Exposure of any Revolving Lender at any time shall be its Revolving Percentage of the total L/C Exposure at such time.

 “L/C Foreign Currency”: Canadian Dollars, Pounds Sterling, the Euro, Hong Kong Dollars and any additional
currencies determined after the Closing Date by mutual agreement of the Borrower, the Issuing Lender and the Administrative Agent; provided each such currency is a lawful currency that is readily available, freely transferable and not
restricted, able to be converted into Dollars and available in the London interbank deposit market. 
 “L/C
Obligations”: at any time, an amount equal to the sum of (a) the aggregate then undrawn and unexpired amount of the then outstanding Letters of Credit and (b) the aggregate amount of drawings under Letters of Credit that have not
then been reimbursed pursuant to Section 3.5. 
 “L/C Participants”: the collective reference to all the
Revolving Lenders other than the Issuing Lender. 
 “Lender Parent”: with respect to any Lender, any Person as
to which such Lender is, directly or indirectly, a Subsidiary. 
 “Lenders”: as defined in the preamble hereto.

 “Letters of Credit”: as defined in Section 3.1(a). 

“Lien”: any mortgage, pledge, hypothecation, cash collateral or other similar deposit arrangement, encumbrance, lien
(statutory or other), charge or other security interest or other security agreement of any kind or nature whatsoever (including any conditional sale or other title retention agreement and any capital lease having substantially the same economic
effect as any of the foregoing). 
 “Loan”: any loan made by any Lender pursuant to this Agreement. 

“Loan Documents”: this Agreement, the Security Documents, the Notes and any amendment, waiver, supplement or other
modification to any of the foregoing. 
 “Loan Parties”: the Borrower and the Subsidiary Guarantors.

 “Local Time”: (a) with respect to Foreign Currency Loans and Letters of Credit denominated in Euros or
Pounds Sterling, local time in London, (b) with respect to Foreign Currency Loans denominated in currencies other than Euros and Pounds Sterling and Letters of Credit denominated in L/C Foreign Currencies other than Euros and Pounds Sterling,
local time in the Principal Financial Center for the applicable currency and (b) with respect to any other Loans, local time in New York City. For purposes of this definition, “Principal Financial Center” means, in the case of any
currency other than Dollars, the principal financial center where such currency is cleared and settled, as determined by the Administrative Agent. 

  
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 “Majority Facility Lenders”: with respect to any Facility, the holders of
more than 50% of the aggregate unpaid principal amount of the Term Loans or the Total Revolving Extensions of Credit, as the case may be, outstanding under such Facility (or, in the case of the Revolving Facility, prior to any termination of the
Revolving Commitments, the holders of more than 50% of the Total Revolving Commitments). 
 “Mandatory Costs”:
the percentage rate per annum calculated by the Administrative Agent in accordance with Schedule 1.1C. 
 “Material
Acquisition”: as defined in the definition of “pro forma basis”. 
 “Material Adverse
Effect”: a material adverse effect on (a) the business, property, operations or financial condition of the Borrower and its Subsidiaries taken as a whole or (b) the validity or enforceability of this Agreement or any of the other
material Loan Documents or the rights or remedies, taken as a whole, of the Administrative Agent or the Lenders hereunder or thereunder. 
 “Material Disposition”: as defined in the definition of “pro forma basis”. 
 “Material Subsidiary”: as of any date of determination, any Restricted Subsidiary (a) whose total assets at the last day of the Reference Period ending on the last day of the most
recent fiscal period for which financials have been delivered pursuant to Section 6.1(a) or (b) were equal to or greater than 5.0% of the Consolidated Total Assets of the Borrower and its Subsidiaries at such date or (b) whose
revenues during such Reference Period were equal to or greater than 5.0% of the consolidated revenues of the Borrower and its Subsidiaries for such period, in each case determined in accordance with GAAP; provided that if, at any time and
from time to time after the Closing Date, Subsidiaries that are not Material Subsidiaries have, in the aggregate, (i) total assets at the last day of the most recently ended Reference Period equal to or greater than 10.0% of the Consolidated
Total Assets of the Borrower and its Subsidiaries at such date or (ii) revenues during such Reference Period equal to or greater than 10.0% of the consolidated revenues of the Borrower and its Subsidiaries for such period, in each case
determined in accordance with GAAP, then the Borrower shall, no later than five Business Days subsequent to the date on which financial statements for such fiscal period are delivered pursuant to this Agreement, designate in writing to the
Administrative Agent one or more of such Subsidiaries as “Material Subsidiaries” such that, following such designation(s), Immaterial Subsidiaries have, in the aggregate (i) total assets at the last day of such Reference Period of
less than 10.0% of the Consolidated Total Assets of the Borrower and its Subsidiaries at such date and (ii) total revenues during such Reference Period of less than 10.0% of the consolidated revenues of the Borrower and its Subsidiaries for
such period, in each case determined in accordance with GAAP.
 “Materials of Environmental Concern”: any
gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products or any hazardous or toxic substances, materials or wastes, defined or regulated as such in or under any Environmental Law, including asbestos, polychlorinated
biphenyls and urea-formaldehyde insulation. 
 “Moody’s”: as defined in the definition of “Cash
Equivalents”. 
 “Mortgaged Properties”: the real properties listed on Schedule 1.1B, as to which the
Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages. 

“Mortgages”: each of the mortgages and deeds of trust made by any Loan Party in favor of, or for the benefit of, the
Administrative Agent for the benefit of the Lenders, substantially in the form of Exhibit D (with such changes thereto as shall be advisable under the law of the jurisdiction in which such mortgage or deed of trust is to be recorded or are
otherwise reasonably acceptable to the Administrative Agent). 

  
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 “Multiemployer Plan”: a multiemployer plan as defined in
Section 4001(a)(3) of ERISA. 
 “Net Cash Proceeds”: (a) in connection with any Asset Sale or any
Recovery Event, the proceeds thereof received by the Borrower or any Restricted Subsidiary in the form of cash, Cash Equivalents and marketable U.S. debt securities (determined in accordance with GAAP) (including any such proceeds received by way of
deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise, but only as and when received) (provided, that with respect to marketable U.S. debt securities, such securities
shall be included as Net Cash Proceeds only as and when the proceeds thereof are received), net of attorneys’ fees, accountants’ fees, investment banking fees, amounts required to be applied to the repayment of Indebtedness secured by a
Lien permitted hereunder on any asset that is the subject of such Asset Sale or Recovery Event (other than any Lien pursuant to a Security Document) and other customary fees and expenses actually incurred in connection therewith and net of taxes
paid or reasonably estimated to be payable as a result thereof (after taking into account any available tax credits or deductions and any tax sharing arrangements) and (b) in connection with any incurrence of Indebtedness by the Borrower or any
Restricted Subsidiary, the cash proceeds received from such issuance or incurrence, net of attorneys’ fees, investment banking fees, accountants’ fees, underwriting discounts and commissions and other customary fees and expenses actually
incurred in connection therewith. 
 “New CFC”: as defined in the definition of “IP Reorganization”.

 “New CFC Entities”: the collective reference to New CFC and the New CFC Subsidiaries. 

“New CFC Intercompany Note”: as defined in the definition of “IP Reorganization Transaction”. 

“New CFC Subsidiary”: any Wholly Owned Subsidiary of New CFC to whom IP Assets are transferred; provided that
neither WILP nor any of its Subsidiaries shall be a New CFC Subsidiary unless IP Assets with a fair market value in excess of $5,000,000 are transferred to WILP or any such Subsidiary, as applicable. 

“New Lender”: as defined in Section 2.25(b). 

“New Lender Supplement”: as defined in Section 2.25(b). 

“Non-Domestic Subsidiary”: any Subsidiary of the Borrower that is not (a) a Domestic Subsidiary or (b) a
Domestic Unrestricted Subsidiary. For the avoidance of doubt, the term “Non-Domestic Subsidiary” shall include each Foreign Subsidiary. 
 “Non-U.S. Lender”: a Lender that is not a U.S. Person. 

“Notes”: the collective reference to any promissory note evidencing Loans. 

“Obligations”: the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and
Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or
post-petition interest is allowed in such proceeding) the Loans and all other obligations and liabilities of the Borrower to the Administrative Agent or to any Lender (or, in the case of Specified Swap Agreements and Specified Cash Management
Agreements, any affiliate of any Lender), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document,
the Letters of Credit, any Specified Swap Agreement, any Specified Cash Management Agreement or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations,
fees, indemnities, costs, expenses (including all fees, charges and disbursements of counsel to the Administrative Agent or to any Lender that are required to be paid by the Borrower pursuant hereto) or otherwise. 

  
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 “Other Connection Taxes”: with respect to any Credit Party, Taxes imposed
as a result of a present or former connection between such Credit Party and the jurisdiction imposing such Tax (other than connections arising from such Credit Party 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”: all present or future stamp, court, or documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.23). 

“Overnight LIBO Rate”: with respect to any Loans or overdue amount in respect thereof, (a) the rate of interest per
annum at which overnight deposits in the applicable currency, in an amount approximately equal to the amount with respect to which such rate is being determined, would be offered for such day by a branch or affiliate of JPMorgan Chase Bank, N.A. in
the applicable offshore interbank market for such currency to major banks in such interbank market plus (b) the Mandatory Cost. 
 “Participant”: as defined in Section 10.6(c). 

“Participant Register”: as defined in Section 10.6(c). 

“PBGC”: the Pension Benefit Guaranty Corporation established pursuant to ERISA any any successor entity performing
similar functions. 
 “Pension Plan”: any Plan subject to the provisions of Title IV of ERISA or
Section 412 of the Code or Section 302 of ERISA. 
 “Permitted Acquisition”: a Purchase (including
pursuant to any merger with any Person that was not a Subsidiary prior to such merger in which the Borrower or any Restricted Subsidiary is the surviving party) by the Borrower or any Restricted Subsidiary in a transaction that satisfies each of the
following requirements: 
 (a) such Purchase is not a Hostile Acquisition; 

(b) both before and after giving effect to the consummation of such Purchase and the Loans (if any) requested to be made
in connection therewith, each of the representations and warranties in the Loan Documents is true and correct in all material respects ((except that any representation or warranty which is already qualified as to materiality or by reference to
Material Adverse Effect shall be true and correct in all respects) on and as of the date of such Purchase, except to the extent such representations and warranties expressly relate to an earlier date, in which case such representations and
warranties shall have been true and correct in all material respects as of such earlier date) and no Default or Event of Default exists or would be caused thereby; 

  
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 (c) if the aggregate amount of consideration paid or payable (including
without limitation all cash and stock payments and all Indebtedness of any acquired Person assumed in connection with such Purchase and all Earnout Obligations related to such Purchase, valued in accordance with GAAP) by the Borrower and its
Restricted Subsidiaries for such Purchase or series of related Purchases exceeds $75,000,000, prior to the closing of any such Purchase, the Borrower shall provide such pro forma financial statements and certificates and copies of such documents
being executed or delivered in connection with such Purchase as may be requested by the Administrative Agent; and 
 (d) if such Purchase is an acquisition of Capital Stock, such Purchase will not result in any violation of Regulation U. 

“Permitted Encumbrances”: 

(a) Liens imposed by law for taxes, fees, assessments or other governmental charges that are not delinquent or are
being contested in compliance with Section 6.3; 
 (b) carriers’, warehousemen’s,
mechanics’, materialmen’s, repairmen’s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations that are not overdue by more than 30 days or are being contested in compliance with
Section 6.3; 
 (c) pledges and deposits made in the ordinary course of business in compliance with
workers’ compensation, unemployment insurance and other social security laws or regulations; 

(d) deposits to secure the performance of bids, trade contracts, leases, statutory obligations, surety and appeal
bonds, performance bonds and other obligations of a like nature, in each case in the ordinary course of business; 
 (e) judgment liens in respect of judgments that do not constitute an Event of Default under Section 8(h); 

(f) leases, subleases, licenses and sublicenses granted to others, easements, zoning restrictions, rights-of-way and
similar encumbrances that do not materially detract from the value of the affected property or interfere with the ordinary conduct of business of the Borrower or any Restricted Subsidiary; 

(g) Liens in favor or customs and revenue authorities arising as a matter of law to secure payment of customs duties in
connection with the importation of goods in the ordinary course of business; 
 (h) banker’s liens,
rights of set-off or similar rights, in each case, arising by contract or operation of law; 
 (i) other Liens
incidental to the normal conduct of the business of the Borrower or any Restricted Subsidiary or the ownership of their respective properties which are not incurred in connection with the incurrence or maintenance of Indebtedness and which do not in
the aggregate materially impair the use of any property subject thereto in the operation of the business of the Borrower or any Restricted Subsidiary, or materially detract from the value of such property; and 

  
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 (j) statutory or customary contractual Liens in favor of landlords relating
to real property leases of the Borrower or any Restricted Subsidiary; 
 provided that the term “Permitted Encumbrances” shall
not include any Lien securing Indebtedness. 
 “Permitted Holders”: (a) the
Section 16 Officers of the Borrower from time to time and (b) any group which includes and is under the general direction of any of such Section 16 Officers. 
 “Permitted Refinancing Indebtedness”: any Indebtedness issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund (collectively,
to “Refinance”), the Indebtedness being Refinanced (or previous refinancings thereof constituting Permitted Refinancing Indebtedness); provided that (a) the principal amount (or accreted value, if applicable) of such
Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus unpaid accrued interest and premium (including tender premium) thereon, any committed or undrawn
amounts and underwriting discounts, fees, commissions and expenses, associated with such Permitted Refinancing Indebtedness), (b) (i) such Permitted Refinancing Indebtedness has a final maturity date equal to or later than the earlier of
(x) the final maturity date of the Indebtedness being Refinanced and (y) 91 days after the Tranche B Term Maturity Date (it being understood that, in each case, any provision requiring an offer to purchase such Indebtedness as a result of
a change of control or asset sale shall not violate the foregoing restriction) and (ii) such Permitted Refinancing Indebtedness has a weighted average life to maturity equal to or greater than the weighted average life to maturity of the
Indebtedness being Refinanced, (c) if the Indebtedness being Refinanced is by its terms subordinated in right of payment to the Obligations under this Agreement, such Permitted Refinancing Indebtedness shall be subordinated in right of payment
to such Obligations on terms not materially less favorable to the Lenders as those contained in the documentation governing the Indebtedness being Refinanced, taken as a whole, (d) no Permitted Refinancing Indebtedness as of the date of
incurrence of such Permitted Refinancing Indebtedness shall have obligors or contingent obligors that were not as of such date obligors or contingent obligors (or that would not have been required to become obligors or contingent obligors) in
respect of the Indebtedness being Refinanced (it being understood that the terms of any such Permitted Refinancing Indebtedness shall not, as of the date of the incurrence thereof, require any new obligors or contingent obligations that were not as
of such date obligors or required to become obligors or contingent obligors under the Indebtedness being Refinanced) and (e) if the Indebtedness being Refinanced is (or would have been required to be) secured by the Collateral, such Permitted
Refinancing Indebtedness may be secured by such Collateral on terms not materially less favorable, taken as a whole, to the Secured Parties than the Indebtedness being Refinanced; provided that with respect to any Indebtedness secured by a
Lien on the Collateral, any Liens securing such Permitted Refinancing Indebtedness shall, to the extent the Indebtedness being Refinanced was subject to an intercreditor agreement with respect to the Obligations hereunder, be subject to an
intercreditor agreement that is not materially less favorable, taken as a whole, to the Credit Parties than the intercreditor agreement outstanding in respect of the Indebtedness being Refinanced. 

“Permitted Unsecured Debt”: any unsecured notes or bonds or other unsecured debt securities issued (including pursuant
to an exchange offer) by the Borrower and designated by the Borrower as Permitted Unsecured Debt hereunder; provided that (a) any such Indebtedness shall have a final maturity date at least 91 days after the Tranche B Term Maturity Date,
(b) any such Indebtedness shall not have any scheduled amortization payments, mandatory redemptions or sinking fund obligations or mandatory prepayments (including cash flow sweeps) prior to the date that is 91 days after the Tranche B Term
Maturity Date (other than customary offers to purchase upon a change of control, asset sale or event of loss, customary acceleration rights after an event of default and payments in respect of paid-in-kind interest previously accreted to principal
as necessary to avoid having the underlying debt obligation treated as an applicable high-yield discount obligation under Sections 163(e)(5) and 163(i) of the Code, or any successor provision thereto), (c) such Indebtedness shall not have any
financial maintenance covenants, (d) any such Indebtedness shall not have a definition of “Change of Control” or “Change in Control” (or any other defined term having a similar purpose) that is materially more restrictive
than the definition of Change of Control set forth herein and (e) any such Indebtedness shall not be subject to any guarantee by any Group Member (other than a Loan Party). 

  
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 “Person”: an individual, partnership, corporation, limited liability
company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 
 “Petty Cash Account”: a Deposit Account which has a balance of less than $1,000,000. 
 “Plan”: any employee benefit plan as defined in Section 3(3) of ERISA, including any employee welfare benefit plan (as defined in Section 3(1) of ERISA), any employee pension
benefit plan (as defined in Section 3(2) of ERISA but excluding any Multiemployer Plan), and any plan which is both an employee welfare benefit plan and an employee pension benefit plan, and in respect of which any Group Member or any ERISA
Affiliate is (or, if such Plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in section 3(5) of ERISA. 
 “Pounds Sterling”: the lawful currency of the United Kingdom. 

“Prime Rate”: the rate of interest per annum publicly announced from time to time by JPMorgan Chase Bank, N.A. as its
prime rate in effect at its principal office in New York City (the Prime Rate not being intended to be the lowest rate of interest charged by JPMorgan Chase Bank, N.A. in connection with extensions of credit to debtors). 

“pro forma basis”: in connection with any transaction for which a determination on a pro forma basis for any period of
four consecutive fiscal quarters (each, a “Reference Period”) is required to be made hereunder, “pro forma basis” shall mean that such determination shall be made (i) after giving effect to any Material Acquisition
and any Material Disposition during such Reference Period and (ii) assuming that such Material Acquisition or Material Disposition occurred at the beginning of such Reference Period; provided that any pro forma calculation made by the
Borrower either (i) based on Regulation S-X or (ii) as calculated in good faith and set forth in an officer’s certificate of the Borrower (and in the case of this clause (ii), based on audited financials of the target company or other
financials reasonably satisfactory to the Administrative Agent) shall be acceptable. As used in this definition, “Material Acquisition” means any acquisition of property or series of related acquisitions of property that
(a) constitutes assets comprising all or substantially all of an operating unit of a business or constitutes all or substantially all of the common stock of a Person and (b) involves the payment of consideration by the Borrower and its
Restricted Subsidiaries in excess of $5,000,000; and “Material Disposition” means any Disposition of property or series of related Dispositions of property that (a) comprises all or substantially all of an operating unit of a business
or constitutes all or substantially all of the common stock of a Person and (b) that yields gross proceeds to the Borrower or any of its Restricted Subsidiaries in excess of $5,000,000. 

“Pro Forma Financial Statements”: as defined in Section 4.1(a). 

  
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 “Prohibited Transaction”: as defined in Section 406 of ERISA and
Section 4975(f)(3) of the Code. 
 “Projections”: as defined in Section 6.2(c). 

“Properties”: as defined in Section 4.17(a). 

“Purchase”: any transaction, or any series of related transactions, consummated on or after the date of this Agreement,
by which the Borrower or any of its Restricted Subsidiaries (i) acquires all or substantially all of the assets of any firm, corporation or limited liability company, or business unit or division thereof, whether through purchase of assets,
merger or otherwise or (ii) 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 for the members of the board of directors) of the Capital
Stock of a Person. 
 “Purchased Subsidiaries”: the Subsidiaries of the Borrower purchased pursuant to the
Carveout Purchase Agreement. 
 “Qualified Receivables Transaction”: any transaction or series of transactions
that may be entered into by the Borrower or any Restricted Subsidiary pursuant to which the Borrower or any Restricted Subsidiary may sell, convey or otherwise transfer to a newly-formed Restricted Subsidiary or other special-purpose entity, or any
other Person, any accounts or notes receivable and rights related thereto, provided that (i) all of the terms and conditions of such transaction or series of transactions, including without limitation the amount and type of any recourse
to the Borrower or any Restricted Subsidiary with respect to the assets transferred, are acceptable to the Administrative Agent and the Required Lenders, and (ii) the aggregate Receivables Transaction Attributed Indebtedness incurred in all
such transactions outstanding at any time does not exceed $100,000,000. 
 “Receivables Transaction Attributed
Indebtedness”: the amount of obligations outstanding under the legal documents entered into as part of any Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables
Transaction were structured as a secured lending transaction rather than as a purchase. 
 “Recovery Event”:
any settlement of or payment in respect of any property or casualty insurance claim or any condemnation proceeding relating to any asset of any Group Member. 
 “Reference Period”: as defined in the definition of “pro forma basis”. 
 “Refunded Swingline Loans”: as defined in Section 2.7. 

“Register”: as defined in Section 10.6(b). 

“Regulation U”: Regulation U of the Board as in effect from time to time. 

“Reimbursement Obligation”: the obligation of the Borrower to reimburse the Issuing Lender pursuant to Section 3.5
for amounts drawn under Letters of Credit. 
 “Reinvestment Deferred Amount”: with respect to any Reinvestment
Event, the aggregate Net Cash Proceeds received by any Group Member in connection therewith that are not applied to prepay the Term Loans or reduce the Revolving Commitments pursuant to Section 2.12(b) as a result of the delivery of a
Reinvestment Notice. 

  
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 “Reinvestment Event”: any Asset Sale or Recovery Event in respect of which
the Borrower has delivered a Reinvestment Notice. 
 “Reinvestment Notice”: a written notice executed by a
Responsible Officer stating that no Event of Default has occurred and is continuing and that the Borrower (directly or indirectly through a Restricted Subsidiary) intends and expects to use all or a specified portion of the Net Cash Proceeds of an
Asset Sale or Recovery Event to acquire or repair assets useful in its business. 
 “Reinvestment Prepayment
Amount”: with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s
business. 
 “Reinvestment Prepayment Date”: with respect to any Reinvestment Event, the earlier of
(a) the date occurring six months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with
all or any portion of the relevant Reinvestment Deferred Amount. 
 “Reorganization”: with respect to any
Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA. 

“Reportable Event”: any of the events set forth in Section 4043(c) of ERISA or the regulations issued thereunder,
with respect to a Pension Plan, other than those events as to which notice is waived. 
 “Required Lenders”: at
any time, the holders of more than 50% of (a) until the Closing Date, the Commitments then in effect and (b) thereafter, the sum of (i) the aggregate unpaid principal amount of the Term Loans then outstanding and (ii) the Total
Revolving Commitments then in effect or, if the Revolving Commitments have been terminated, the Total Revolving Extensions of Credit then outstanding. 
 “Requirement of Law”: as to any Person, the Certificate of Incorporation and By-Laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation
or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. 

“Reset Date”: as defined in Section 2.26(a). 

“Responsible Officer”: the chief executive officer, president or chief financial officer of the Borrower, but in any
event, with respect to financial matters, the chief financial officer of the Borrower. 
 “Restricted
Payments”: as defined in Section 7.6. 
 “Restricted Subsidiary”: any Subsidiary that is not an
Unrestricted Subsidiary. 
 “Revolving Commitment”: as to any Lender, the obligation of such Lender, if any, to
make Revolving Loans and participate in Swingline Loans, Letters of Credit and Foreign Currency Loans in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “Revolving Commitment” opposite such
Lender’s name on Schedule 1.1A or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original amount of the Total Revolving
Commitments is $200,000,000. 

  
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 “Revolving Commitment Period”: the period from and including the Closing
Date to the Revolving Termination Date. 
 “Revolving Extensions of Credit”: as to any Revolving Lender at any
time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans (other than Foreign Currency Loans) held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then
outstanding (including such Lender’s Revolving Percentage of the Dollar Equivalent of L/C Obligations outstanding in a currency other than Dollars), (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline
Loans then outstanding and (d) such Lender’s Revolving Percentage of the Dollar Equivalent of the aggregate principal amount of Foreign Currency Loans then outstanding. 

“Revolving Facility”: as defined in the definition of “Facility”. 

“Revolving Lender”: each Lender that has a Revolving Commitment or that holds Revolving Loans. 

“Revolving Loans”: as defined in Section 2.4(a). 

“Revolving Percentage”: as to any Revolving Lender at any time, the percentage which such Lender’s Revolving
Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then
outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding, provided, that, in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Extensions of
Credit, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis. Notwithstanding the foregoing, in the case
of Section 2.25 when a Defaulting Lender shall exist, Revolving Percentages shall be determined without regard to any Defaulting Lender’s Revolving Commitment. 
 “Revolving Termination Date”: the date that is the five-year anniversary of the Closing Date. 
 “S&P”: as defined in the definition of “Cash Equivalents”. 
 “SEC”: the Securities and Exchange Commission, any successor thereto and any analogous Governmental Authority. 
 “Section 16 Officer”: has the meaning assigned to the term “officer” as defined in Rule 16a-1(f) under the Exchange Act. 

“Securities Account”: as defined in the Uniform Commercial Code of any applicable jurisdiction. 

“Securities Account Control Agreement”: a Securities Account control agreement to be executed by each institution
maintaining a Securities Account (other than an Excluded Securities Account) for the Borrower or any other Loan Party, in each case as required by Section 6.10(f) or Section 6.12(b). 

  
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 “Security Documents”: the collective reference to the Guarantee and
Collateral Agreement, the Mortgages and all other security documents hereafter delivered to the Administrative Agent granting a Lien on any property of any Person to secure the obligations and liabilities of any Loan Party under any Loan Document.

 “Senior Unsecured Debt”: the unsecured notes or other Indebtedness of the Borrower to be issued on the
Closing Date pursuant to the Senior Unsecured Debt Agreement (or, if no Senior Unsecured Debt is issued on the Closing Date, the unsecured Indebtedness of the Borrower issued pursuant to the Senior Unsecured Debt Agreement the proceeds of which are
used to repay the Bridge Loans); provided that any Senior Unsecured Debt shall be Permitted Unsecured Debt. 

“Senior Unsecured Debt Agreement”: the Indenture or other agreement to be entered into by the Borrower and, to the
extent applicable, certain of its Restricted Subsidiaries in connection with the issuance of the Senior Unsecured Debt, together with all instruments and other agreements entered into by the Borrower and/or such Restricted Subsidiaries in connection
therewith. 
 “Separation Agreement”: the Separation Agreement, dated as of May 1, 2012, by and between
the Borrower and WBG Holdings. 
 “Solvent”: when used with respect to any Person, means that, as of any date
of determination, (a) the amount of the “present fair saleable value” of the assets of such Person will, as of such date, exceed the amount of all “liabilities of such Person, contingent or otherwise”, as of such date, as
such quoted terms are determined in accordance with applicable federal and state laws governing determinations of the insolvency of debtors, (b) the present fair saleable value of the assets of such Person will, as of such date, be greater than
the amount that will be required to pay the liability of such Person on its debts as such debts become absolute and matured, (c) such Person will not have, as of such date, an unreasonably small amount of capital with which to conduct its
business, and (d) such Person will be able to pay its debts as they mature. For purposes of this definition, (i) “debt” means liability on a “claim”, and (ii) “claim” means any (x) right to payment,
whether or not such a right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured or (y) right to an equitable remedy for breach of performance if
such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured or unmatured, disputed, undisputed, secured or unsecured; provided that the amount of any
contingent or disputed liability at any time shall be computed as the amount that would reasonably be expected to become an actual and matured liability at such time. 
 “Specified Cash Management Agreement”: any agreement providing for treasury, depositary, purchasing card or cash management services, including in connection with any automated clearing
house transfers of funds or any similar transactions between the Borrower or any Subsidiary Guarantor and any Lender or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later
than 90 days after the execution and delivery by the Borrower or such Subsidiary Guarantor, as a “Specified Cash Management Agreement”. 
 “Specified Change of Control”: a “Change of Control” or “Change in Control” as defined in the Senior Unsecured Debt Agreement and/or the Bridge Credit Agreement, as
applicable. 

  
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 “Specified Swap Agreement”: any Swap Agreement in respect of interest rates
entered into by the Borrower or any Subsidiary Guarantor and any Person that is a Lender or an affiliate of a Lender at the time such Swap Agreement is entered into. 
 “Statutory Reserve Rate”: a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum
reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the relevant Lender is subject with respect to the Eurocurrency Rate, for eurocurrency funding
(currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D. Eurocurrency Loans shall be deemed to constitute eurocurrency funding
and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate
shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Subsidiary”: as to any Person, a corporation, partnership, limited liability company or other entity of which shares of
stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers
of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise qualified, all
references to a “Subsidiary” or to “Subsidiaries” in this Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “Subsidiary Guarantor”: each Restricted Subsidiary of the Borrower other than any Excluded Foreign Subsidiary and any Immaterial Subsidiary; provided that any applicable Subsidiary
Guarantor shall cease to be a Subsidiary Guarantor upon release from its Guarantee Obligation in respect of the Obligations pursuant to the terms hereof or any Security Document; provided further that any Restricted Subsidiary not
required to become a Subsidiary Guarantor pursuant to the terms of this Agreement that elects by written notice to the Administrative Agent to become a party to a Loan Document as a guarantor of the Obligations shall be a Subsidiary Guarantor.

 “Swap Agreement”: any agreement with respect to any swap, forward, future or derivative transaction or
option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or
value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or
consultants of the Borrower or any of its Restricted Subsidiaries shall be a “Swap Agreement”. 
 “Swedish
Kronor”: the lawful currency of Sweden. 
 “Swingline Commitment”: the obligation of the Swingline
Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $35,000,000. 
 “Swingline Exposure”: at any time, the sum of the aggregate amount of all outstanding Swingline Loans at such time. The Swingline Exposure of any Revolving Lender at any time shall be its
Revolving Percentage of the total Swingline Exposure at such time. 

  
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 “Swingline Lender”: JPMorgan Chase Bank, N.A. in its capacity as the lender
of Swingline Loans. 
 “Swingline Loans”: as defined in Section 2.6. 

“Swingline Participation Amount”: as defined in Section 2.7. 

“Swiss Francs”: the lawful currency of Switzerland. 

“Syndication Agent”: the Syndication Agent identified on the cover page of this Agreement. 

“Synthetic Lease Attributed Indebtedness”: with respect to any Person, on any date, in respect of any so-called
synthetic, off-balance sheet or tax retention lease considered borrowed money indebtedness for United States federal income tax purposes, but is classified as an operating lease in accordance with GAAP, the capitalized amount of the remaining lease
payments under the relevant lease or agreement 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. 

“Target”: Collective’s “Performance + Lifestyle Group” business. 

“Target Acquisition Documentation”: collectively, (i) the Acquisition Documentation and (ii) the Tax Sharing
Agreement and the Transition Services Agreement, in each case as contemplated by the Acquisition Agreement. 
 “TARGET
Day”: any day on which (i) TARGET2 is open for settlement of payments in Euro and (ii) banks are open for dealings in deposits in Euro in the London interbank market.

“TARGET2”: the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilizes a
single shared platform and which was launched on November 19, 2007.
 “Taxes”: all present or future
taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges in the nature of taxes imposed by any Governmental Authority, including any interest, additions to tax or penalties
applicable thereto. 
 “Term Lenders”: the collective reference to the Tranche A Term Lenders, the Tranche B
Term Lenders and the Incremental Term Lenders. 
 “Term Loans”: the collective reference to the Tranche A Term
Loans, the Tranche B Term Loans and the Incremental Term Loans. 
 “Termination Date”: as defined in
Section 10.14(c). 
 “Total Revolving Commitments”: at any time, the aggregate amount of the Revolving
Commitments then in effect. 
 “Total Revolving Extensions of Credit”: at any time, the aggregate amount of the
Revolving Extensions of Credit of the Revolving Lenders outstanding at such time. 

  
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 “Tranche A Term Commitment”: as to any Lender, the obligation of such
Lender, if any, to make a Tranche A Term Loan to the Borrower in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate
amount of the Tranche A Term Commitments is $550,000,000. 
 “Tranche A Term Facility”: as defined in the
definition of “Facility”. 
 “Tranche A Term Lender”: each Lender that has a Tranche A Term
Commitment or that holds a Tranche A Term Loan. 
 “Tranche A Term Percentage”: as to any Tranche A Term Lender
at any time, the percentage which such Lender’s Tranche A Term Commitment then constitutes of the aggregate Tranche A Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such
Lender’s Tranche A Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche A Term Loans then outstanding). 
 “Tranche A Term Maturity Date”: the date that is the five-year anniversary of the Closing Date. 
 “Tranche B Term Commitment”: as to any Lender, the obligation of such Lender, if any, to make a Tranche B Term Loan to the Borrower in a principal amount not to exceed the amount set
forth under the heading “Tranche B Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche B Term Commitments is $350,000,000. 

“Tranche B Term Facility”: as defined in the definition of “Facility”. 

“Tranche B Term Lender”: each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

 “Tranche B Term Loan”: as defined in Section 2.1. 

“Tranche B Term Percentage”: as to any Tranche B Term Lender at any time, the percentage which such Lender’s
Tranche B Term Commitment then constitutes of the aggregate Tranche B Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Tranche B Term Loans then outstanding
constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding). 
 “Tranche B Term Maturity
Date”: the date that is the seven-year anniversary of the Closing Date. 
 “Transactions”:
collectively, (i) the consummation of the Acquisition, (ii) the execution and delivery of into the Credit Agreement and the Loans to be made thereunder and the use of proceeds thereof, (iii) the execution and delivery of the Bridge
Credit Agreement and/or the Senior Unsecured Debt Agreement, as applicable, and the Bridge Loans to be made thereunder and/or the Senior Unsecured Debt to be issued thereunder, as applicable, and the use of proceeds thereof and (iv) the payment
of fees and expenses in connection with the foregoing. 
 “Transferee”: any Assignee or Participant.

 “Type”: as to any Loan, its nature as an ABR Loan or a Eurocurrency Loan. 

  
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 “United States”: the United States of America. 

“Unrestricted Subsidiary”: any Subsidiary designated by the Borrower as an Unrestricted Subsidiary pursuant to
Section 6.14 and any Subsidiary of any such Unrestricted Subsidiary. 
 “U.S. Newco”: as defined in the
definition of “IP Reorganization”. 
 “U.S. Person”: a “United States person” within the
meaning of Section 7701(a)(30) of the Code. 
 “U.S. Tax Compliance Certificate”: as defined in
Section 2.20(f)(ii)(B). 
 “WBG Holdings”: WBG-PSS Holdings, LLC. 

“Wholly Owned Domestic Subsidiary”: any Domestic Subsidiary that is a Wholly Owned Subsidiary of the Borrower.

 “Wholly Owned Subsidiary”: as to any Person, any other Person all of the Capital Stock of which (other than
directors’ qualifying shares required by law) is owned by such Person directly and/or through other Wholly Owned Subsidiaries. 
 “Wholly Owned Subsidiary Guarantor”: any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower. 
 “WILP”: Wolverine International LP, a Cayman Islands limited partnership. 
 “Withdrawal Liability”: any liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Title IV of ERISA.

 1.2 Other Interpretive Provisions. (a) Unless otherwise specified therein, all terms defined in this Agreement shall
have the defined meanings when used in the other Loan Documents or any certificate or other document made or delivered pursuant hereto or thereto. 
 (b) As used herein and in the other Loan Documents, and any certificate or other document made or delivered pursuant hereto or thereto, (i) accounting terms relating to any Group Member or any
Unrestricted Subsidiary not defined in Section 1.1 and accounting terms partly defined in Section 1.1, to the extent not defined, shall have the respective meanings given to them under GAAP (provided that all terms of an accounting or
financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made without giving effect to (i) any election under Accounting Standards Codification 825-10-25 (previously referred to as
Statement of Financial Accounting Standards 159) (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at
“fair value”, as defined therein and (ii) any treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting
Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof), (ii) the words
“include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”, (iii) the word “incur” shall be construed to mean incur, create, issue, assume, become
liable in respect of or suffer to exist (and the words “incurred” and “incurrence” shall have correlative meanings), (iv) 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, Capital Stock, securities, revenues, accounts, leasehold interests and contract rights, and (v) references to agreements or other Contractual
Obligations shall, unless otherwise specified, be deemed to refer to such agreements or Contractual Obligations as amended, supplemented, restated or otherwise modified from time to time. 

  
 37 

 (c) Notwithstanding anything in this Agreement to the contrary, (i) solely with respect
to the Purchased Subsidiaries and only to the extent permitted by the Acquisition Agreement (as in effect on the Effective Date without giving effect to any consent or amendment thereof that is materially adverse to the interests of the Lenders),
the Borrower may amend the contents of Schedules 1.1B, 1.1E, 4.15(a), 4.15(b), 4.19(a), 4.19(b), 7.2(d), 7.3(b), 7.3(i), 7.7(a), 7.12 or 7.13 on or prior to the Closing Date and (ii) solely with respect to any changes relating to the Borrower
and any Restricted Subsidiaries (other than Purchased Subsidiaries) and only to the extent permitted by the Existing Credit Agreement (as in effect on the Effective Date without giving effect to an consent or amendment thereof), the Borrower may
amend the contents of Schedules 1.1B, 1.1E, 4.15(a), 4.15(b), 4.19(a), 4.19(b), 7.2(d), 7.3(b), 7.3(i) or 7.7(a) on or prior to the Closing Date, in each case by delivering an updated version of the applicable schedule to the Administrative Agent on
or prior to the Closing Date, which updated version shall replace the version of such Schedule delivered on the Effective Date without any requirement for any amendment or any consent by the Administrative Agent, any Lender or any other Credit
Party; provided that in no event shall (v) Indebtedness with an aggregate outstanding principal amount in excess of $10,000,000 be added to Schedule 7.2(d), (w) Liens (1) securing Indebtedness with an aggregate outstanding
principal amount in excess of $10,000,000 or (2) for which the aggregate fair market value (determined as of the Closing Date) of the assets subject thereto is in excess of $10,000,000 be added to Schedule 7.3(b), (x) Investments in excess
of $10,000,000 (valued at cost) be added to Schedule 7.7(a), (y) assets with an aggregate fair market value in excess of $10,000,000 be subject to negative pledge clauses added to Schedule 7.12 or (z) assets with an aggregate fair market
value in excess of $10,000,000 be subject to restrictions on subsidiary distributions added to Schedule 7.13. For the avoidance of doubt, such Schedules may not be amended pursuant to this Section 1.2(c) after the Closing Date. 

(d) The words “hereof”, “herein” and “hereunder” and words of similar import, when used in this Agreement,
shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule and Exhibit references are to this Agreement unless otherwise specified. 

(e) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.

 SECTION 2. AMOUNT AND TERMS OF COMMITMENTS 
 2.1 Term Commitments. Subject to the terms and conditions hereof, (a) each Tranche A Term Lender severally agrees to make a term loan (a “Tranche A Term Loan”) in Dollars to
the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche A Term Commitment of such Lender and (b) each Tranche B Term Lender severally agrees to make a term loan (a “Tranche B Term Loan”) in Dollars
to the Borrower on the Closing Date in an amount not to exceed the amount of the Tranche B Term Commitment of such Lender. The Term Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower and notified to the
Administrative Agent in accordance with Sections 2.2 and 2.13. 
 2.2 Procedure for Term Loan Borrowing. The
Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 1:00 P.M., New York City time, one Business Day prior to the anticipated Closing Date), substantially in the form of
Exhibit H, requesting that the Term Lenders make the Term Loans on the Closing Date and specifying the amount to be borrowed. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Not later than 12:00
Noon, New York City time, on the Closing Date each Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds in Dollars equal to the Term Loan or Term Loans to be made by such Lender.
The Administrative Agent shall credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Lenders in immediately available
funds. 

  
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 2.3 Repayment of Term Loans. (a) The Tranche A Term Loan of each Tranche A
Lender shall mature in consecutive quarterly installments, each of which shall be in an amount in Dollars equal to such Lender’s Tranche A Term Percentage multiplied by the percentage set forth below of the original principal amount of the
Tranche A Term Loans; provided that each installment set forth hereunder shall be reduced by the application of any prepayments of the Tranche A Term Loans as provided in Sections 2.11 and 2.12 hereof; provided further that the
outstanding balance of the Tranche A Term Loans shall be paid on the Tranche A Term Maturity Date: 
  

					
	 Date
	  	Percentage of the original principal
amount of the Tranche A Term
Loans to be
repaid	 
	 December 31, 2012
	  	 	1.25	% 
	 March 31, 2013
	  	 	1.25	% 
	 June 30, 2013
	  	 	1.25	% 
	 September 30, 2013
	  	 	1.25	% 
	 December 31, 2013
	  	 	1.875	% 
	 March 31, 2014
	  	 	1.875	% 
	 June 30, 2014
	  	 	1.875	% 
	 September 30, 2014
	  	 	1.875	% 
	 December 31, 2014
	  	 	2.50	% 
	 March 31, 2015
	  	 	2.50	% 
	 June 30, 2015
	  	 	2.50	% 
	 September 30, 2015
	  	 	2.50	% 
	 December 31, 2015
	  	 	3.125	% 
	 March 31, 2016
	  	 	3.125	% 
	 June 30, 2016
	  	 	3.125	% 
	 September 30, 2016
	  	 	3.125	% 
	 December 31, 2016
	  	 	5.00	% 
	 March 31, 2017
	  	 	5.00	% 
	 June 30, 2017
	  	 	5.00	% 

 (b) The Tranche B Term Loan of each Tranche B Lender shall mature in consecutive quarterly installments,
commencing on the last day of the first fiscal quarter ended after the Closing Date, each of which shall be in an amount in Dollars equal to such Lender’s Tranche B Term Percentage multiplied by an amount equal to 0.25% of the original amount
of the Tranche B Term Loan Facility; provided that each installment shall be reduced by the application of any prepayments to the Tranche B Term Loans as provided in Sections 2.11 and 2.12 hereof. The Borrower shall repay the outstanding
balance of the Tranche B Term Loans on the Tranche B Maturity Date. 
 (c) The Incremental Term Loans of each Incremental Term
Lender shall mature in consecutive installments (which shall be no more frequent than quarterly) as specified in the Increased Facility Activation Notice pursuant to which such Incremental Term Loans were made; provided that each installment
with respect to any tranche of Incremental Term Loans shall be reduced by the application of any prepayments to such tranche of Incremental Term Loans as provided in Sections 2.11 and 2.12 hereof. 

  
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 2.4 Revolving Commitments. (a) Subject to the terms and conditions hereof, each
Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars to the Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding
which, when added to such Lender’s Revolving Percentage of the sum of (i) the L/C Obligations then outstanding, (ii) the aggregate principal amount of the Swingline Loans then outstanding and (iii) the aggregate principal amount
of the Revolving Loans (including the Dollar Equivalent of Foreign Currency Loans) then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower may use the Revolving
Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the
Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.13. 
 (b) Subject to the terms and
conditions hereof, each Foreign Currency Lender agrees, with respect to any Foreign Currency Loan in a Foreign Currency for which it is designated a Foreign Currency Lender, to make Foreign Currency Loans to the Borrower from time to time during the
Revolving Commitment Period; provided that (i) after giving effect to the requested Foreign Currency Loan, the Dollar Equivalent of the aggregate principal amount of Foreign Currency Loans outstanding at such time does not exceed the
Foreign Currency Sublimit, (ii) after giving effect to the requested Foreign Currency Loan, such Lender’s Revolving Percentage of the sum of (x) the L/C Obligations then outstanding, (y) the aggregate principal amount of the
Swingline Loans then outstanding and (z) the aggregate principal amount of the Revolving Loans (including the Dollar Equivalent of Foreign Currency Loans) then outstanding, does not exceed the amount of such Lender’s Revolving Commitment
and (iii) the Total Revolving Extensions of Credit outstanding at such time (including the Dollar Equivalent of any Revolving Extensions of Credit outstanding in currencies other than Dollars) does not exceed the Total Revolving Commitments.
The Foreign Currency Loans shall be Eurocurrency Loans. 
 (c) The Borrower shall repay all outstanding Revolving Loans and
Foreign Currency Loans on the Revolving Termination Date. 
 2.5 Procedure for Revolving Loan Borrowing. (a) The
Borrower may borrow under the Revolving Commitments in Dollars during the Revolving Commitment Period on any Business Day, provided that the Borrower shall give the Administrative Agent irrevocable notice, substantially in the form of Exhibit
H (which notice must be received by the Administrative Agent prior to 1:00 P.M., New York City time, (a) three Business Days prior to the requested Borrowing Date, in the case of Eurocurrency Loans, or (b) one Business Day prior to the
requested Borrowing Date, in the case of ABR Loans) (provided that any such notice of a borrowing of ABR Loans under the Revolving Facility to finance payments required by Section 3.5 may be given not later than 10:00 A.M., New York City
time, on the date of the proposed borrowing), specifying (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date and (iii) in the case of Eurocurrency Loans, the respective amounts of each such
Type of Loan and the respective lengths of the initial Interest Period therefor; provided further that the sum of (x) the Revolving Loans made on the Closing Date (including the Dollar Equivalent of any Foreign Currency Loans made
on the Closing Date) and (y) the L/C Exposure outstanding on the Closing Date (including the Dollar Equivalent of any L/C Exposure outstanding on the Closing Date in a currency other than Dollars) shall not exceed $75,000,000). Each borrowing
under the Revolving Commitments in Dollars shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple thereof (or, if the then aggregate Available Revolving Commitments are less than $1,000,000, such lesser
amount) and (y) in the case of Eurocurrency Loans, $5,000,000 or a whole multiple of $1,000,000 in excess thereof; provided, that the Swingline Lender may request, on behalf of the Borrower, borrowings under the Revolving Commitments
that are ABR Loans in other amounts pursuant to Section 2.7. Upon receipt of any such notice from the Borrower, the Administrative Agent shall promptly notify each Revolving Lender thereof. Each Revolving Lender will make the amount of its
pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 1:00 P.M., New York City time, on the Borrowing Date requested by the Borrower in funds immediately
available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the
Administrative Agent by the Revolving Lenders and in like funds as received by the Administrative Agent. 

  
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 (b) The Borrower may borrow under the Revolving Commitments in any Foreign Currency during
the Revolving Commitment Period on any Business Day; provided that the Borrower shall give the Foreign Currency Agent irrevocable notice (which notice must be received by the Foreign Currency Agent prior to 3:00 P.M., Local Time, four
Business Days prior to the requested Borrowing Date), specifying (i) the amount of Foreign Currency Loans to be borrowed, (ii) the Foreign Currency in which such Foreign Currency Loans will be denominated, (iii) the requested
Borrowing Date, (iv) the length of the initial Interest Period therefor and (v) the applicable account of the Borrower to which such funds will be credited or disbursed; provided further that the sum of (x) the Revolving
Loans made on the Closing Date (including the Dollar Equivalent of any Foreign Currency Loans made on the Closing Date) and (y) the L/C Exposure outstanding on the Closing Date (including the Dollar Equivalent of any L/C Exposure outstanding on
the Closing Date in a currency other than Dollars) shall not exceed $75,000,000. Upon receipt of any such notice from the Borrower, the Foreign Currency Agent shall promptly notify each Foreign Currency Lender thereof. Each borrowing of Foreign
Currency Loans in a particular Foreign Currency shall be in a minimum amount as set forth on the Administrative Schedule. With respect to any borrowing of Foreign Currency Loans, the Foreign Currency Loan of each applicable Foreign Currency Lender
(other than the Fronting Lender) shall be in an amount equal to its Revolving Percentage of the applicable borrowing and the Foreign Currency Loan of the Fronting Lender shall be in an amount equal to the aggregate amount of such borrowing less the
amount of the Foreign Currency Loans being made by other Foreign Currency Lenders and comprising part of such borrowing. On each Borrowing Date, each applicable Foreign Currency Lender will make the amount of its share of such borrowing available to
the Foreign Currency Agent at the applicable office specified on the Administrative Schedule, prior to the time specified on the Administrative Schedule for the relevant Foreign Currency, in the relevant Foreign Currency in funds immediately
available. Such borrowing will then be made available to the Borrower, in like funds as received by the Foreign Currency Agent, by the Foreign Currency Agent crediting or disbursing the aggregate of the amounts made available to the Foreign Currency
Agent by the Foreign Currency Lenders to the account set forth by the Borrower in the applicable borrowing notice. 
 2.6
Swingline Commitment. (a) Subject to the terms and conditions hereof, (i) the Swingline Lender agrees to make a portion of the credit otherwise available to the Borrower under the Revolving Commitments from time to time during the
Revolving Commitment Period by making swing line loans (“Swingline Loans”) in Dollars to the Borrower; provided that (i) the aggregate principal amount of Swingline Loans outstanding at any time shall not exceed the
Swingline Commitment then in effect (notwithstanding that the Swingline Loans outstanding at any time, when aggregated with the Swingline Lender’s other outstanding Revolving Loans, may exceed the Swingline Commitment then in effect) and
(ii) the Borrower shall not request, and the Swingline Lender shall not make, any Swingline Loan if, after giving effect to the making of such Swingline Loan, the aggregate amount of the Available Revolving Commitments would be less than zero.
During the Revolving Commitment Period, the Borrower may use the Swingline Commitment by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof. Swingline Loans shall be ABR Loans only. 

  
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 (b) The Borrower shall repay to the Swingline Lender the then unpaid principal amount of
each Swingline Loan on the earlier of the Revolving Termination Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least two Business Days after such Swingline Loan is made;
provided that on each date that a Revolving Loan is borrowed, the Borrower shall repay all Swingline Loans then outstanding. 
 2.7 Procedure for Swingline Borrowing; Refunding of Swingline Loans. (a) Whenever the Borrower desires that the Swingline Lender make Swingline Loans it shall give the Swingline Lender
irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 1:00 P.M., New York City time, on the proposed Borrowing Date), specifying (i) the amount to be
borrowed and (ii) the requested Borrowing Date (which shall be a Business Day during the Revolving Commitment Period). Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in
excess thereof. Not later than 3:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent at the Funding Office an amount in
immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The Administrative Agent shall make the proceeds of such Swingline Loan available to the Borrower on such Borrowing Date by depositing such
proceeds in the account of the Borrower with the Administrative Agent on such Borrowing Date in immediately available funds. 

(b) 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), on one Business Day’s notice given by the Swingline Lender no later than 12:00 Noon, New York City time, request each Revolving Lender to make, and each Revolving Lender
hereby agrees to make, a Revolving Loan in an amount equal to such Revolving Lender’s Revolving Percentage of the aggregate amount of the Swingline Loans (the “Refunded Swingline Loans”), outstanding on the date of such notice,
to repay the Swingline Lender. Each Revolving Lender shall make the amount of such Revolving Loan available to the Administrative Agent at the Funding Office in immediately available funds, not later than 10:00 A.M., New York City time, one Business
Day after the date of such notice. The proceeds of such Revolving 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 Refunded Swingline Loans.
The Borrower irrevocably authorizes the Swingline Lender to charge the Borrower’s accounts with the Administrative Agent (up to the amount available in each such account) in order to immediately pay the amount of such Refunded Swingline Loans
to the extent amounts received from the Revolving Lenders are not sufficient to repay in full such Refunded Swingline Loans. 

(c) If prior to the time a Revolving Loan would have otherwise been made pursuant to Section 2.7(b), one of the events described in
Section 8(f) shall have occurred and be continuing with respect to the Borrower or if for any other reason, as determined by the Swingline Lender in its sole discretion, Revolving Loans may not be made as contemplated by Section 2.7(b),
each Revolving Lender shall, on the date such Revolving Loan was to have been made pursuant to the notice referred to in Section 2.7(b), 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 (i) such Revolving Lender’s Revolving Percentage times (ii) the sum of the aggregate principal amount of Swingline Loans then
outstanding that were to have been repaid with such Revolving Loans. 

  
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 (d) Whenever, at any time after the Swingline Lender has received from any Revolving Lender
such Lender’s Swingline Participation Amount, the Swingline Lender receives any payment on account of the Swingline Loans, the Swingline Lender will distribute to such 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 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, however, that in the event that such payment received by the Swingline Lender is required to be
returned, such Revolving Lender will return to the Swingline Lender any portion thereof previously distributed to it by the Swingline Lender. 
 (e) Each Revolving Lender’s obligation to make the Loans referred to in Section 2.7(b) and to purchase participating interests pursuant to Section 2.7(c) 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 Lender or the Borrower may have against the Swingline 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 Section 5, (iii) any adverse change in the condition (financial or otherwise)
of the Borrower, (iv) any breach of this Agreement or any other Loan Document by the Borrower, any other Loan Party or any other Revolving Lender or (v) any other circumstance, happening or event whatsoever, whether or not similar to any
of the foregoing. 
 2.8 Commitment Fees, Ticking Fees, Fees with respect to Foreign Currency Loans, etc. (a) The
Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the Revolving Commitment Period, computed at the Commitment Fee Rate
on the average daily amount of the Available Revolving Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on each Fee Payment Date, commencing on the first such date to occur after the Closing Date.

 (b) The Borrower agrees to pay to the Administrative Agent for the account of each Lender (i) a ticking fee for the
period from and including July 16, 2012 to the Closing Date, computed at 0.40% per annum on the aggregate amount of the Tranche A Term Commitment and Revolving Commitment of such Lender during the period for which payment is made,
(ii) a ticking fee for the period from July 16, 2012 to (and including) October 15, 2012 (or, if earlier, to the Closing Date), computed at a rate per annum equal to 50% of the Applicable Margin in respect of Tranche B Term Loans that
are Eurocurrency Loans on the amount of the Tranche B Term Commitment of such Lender during the period for which payment is made and (iii) if the Closing Date has not occurred on or prior to October 16, 2012, a ticking fee for the period
from October 16, 2012 to the Closing Date, computed at a rate per annum equal to 100% of the Applicable Margin in respect of Tranche B Term Loans that are Eurocurrency Loans plus 1.00% on the amount of the Tranche B Term Commitment of
such Lender during the period for which such payment is made, payable, in each case, on the earlier of the Closing Date and termination or expiration of the Commitments. The ticking fees shall, in each case, be computed on the basis of a year of 360
days and shall be payable for the actual number of days elapsed. 
 (c) The Borrower agrees to pay to the Foreign Currency
Agent, for the account of the Fronting Lender, at the applicable office of the Foreign Currency Agent set forth on the Administrative Schedule, a fronting fee with respect to each Fronted Foreign Currency Loan for the period from and including the
Borrowing Date of such Foreign Currency Loan to but excluding the date of repayment thereof computed at a rate of 0.125% per annum on the average daily principal amount of such Fronted Foreign Currency Loan outstanding during the period for
which such fee is calculated. Such Fronting Fee shall be payable quarterly in arrears on each Fee Payment Date to occur after the making of such Foreign Currency Loan and on the Revolving Termination Date. 

  
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 (d) With respect to any Foreign Currency Loan, the Borrower shall pay to the Administrative
Agent, for the account of the applicable Foreign Currency Loan Participants, a participation fee (the “Foreign Currency Participation Fee”) for the period from and including the borrowing date of such Foreign Currency Loan to but
excluding the date of repayment thereof, computed at a rate per annum equal to the Applicable Margin in respect of Eurocurrency Loans that are Revolving Loans from time to time in effect on the average aggregate daily principal amount of such
Fronted Foreign Currency Loan outstanding during the period for which such fee is calculated, which fee shall be paid in Dollars based on the Dollar Equivalent thereof. Such fee shall, with respect to each Foreign Currency Loan, be payable in
arrears on each Interest Payment Date to occur after the making of such Foreign Currency Loan and on the Revolving Termination Date. 
 (e) The Borrower agrees to pay to the Administrative Agent the fees in the amounts and on the dates as set forth in any fee agreements with the Administrative Agent and to perform any other obligations
contained therein. 
 2.9 Termination or Reduction of Revolving Commitments. The Borrower shall have the right, upon not
less than three Business Days’ notice to the Administrative Agent, to terminate the Revolving Commitments or, from time to time, to reduce the amount of the Revolving Commitments; provided that no such termination or reduction of
Revolving Commitments shall be permitted if after giving effect thereto and to any prepayments of the Revolving Loans and Swingline Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving
Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce permanently the Revolving Commitments then in effect. Any notice of termination given by the Borrower may state that such notice
is conditioned upon the effectiveness of other credit facilities or capital raising, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is
not satisfied. 
 2.10 Foreign Currency Participations; Conversion of Foreign Currency Loans (a) With respect to
each Foreign Currency Loan in any Foreign Currency, the Fronting Lender irrevocably agrees to grant and hereby grants to each Lender that is a Foreign Currency Loan Participant with respect to Foreign Currency Loans made in such Foreign Currency,
and, to induce the Fronting Lender to make Foreign Currency Loans in any applicable Foreign Currency hereunder, each Lender that is a Foreign Currency Loan Participant with respect to Foreign Currency Loans made in such Foreign Currency irrevocably
agrees to accept and purchase and hereby accepts and purchases from the Fronting Lender, on the terms and conditions hereinafter stated, for such Foreign Currency Loan Participant’s own account and risk, with respect to any Fronted Foreign
Currency Loan in any Foreign Currency in which such Lender is a Foreign Currency Loan Participant, an undivided interest (a “Foreign Currency Participating Interest”), in an amount equal to such Foreign Currency Loan
Participant’s Revolving Percentage of the outstanding principal amount of such Foreign Currency Loan (it being understood that such calculation shall be made in respect of the outstanding principal amount of such Foreign Currency Loan, and not
the portion thereof constituting a Fronted Foreign Currency Loan), in the Fronting Lender’s obligations and rights under such Fronted Foreign Currency Loan made hereunder. Each Revolving Lender that is a Foreign Currency Loan Participant with
respect to any Foreign Currency unconditionally and irrevocably agrees with the Fronting Lender that, solely upon the occurrence of an event set forth in Section 2.10(d)(i) or (ii), such Revolving Lender shall pay to the Fronting Lender upon
demand an amount equal to (i) in the case of an event set forth in Section 2.10(d)(i) with respect to a Foreign Currency Loan for which such Revolving Lender is a Foreign Currency Loan Participant, the Dollar Equivalent of such Foreign
Currency Loan Participant’s Revolving Percentage of the amount of such payment which is not so paid as required under this Agreement and (ii) in the case of an event set forth in Section 2.10(d)(ii), the Dollar Equivalent of such
Revolving Lender’s Revolving Percentage of the Foreign Currency Loans then outstanding in any Foreign Currency in which such Revolving Lender is a Foreign Currency Loan Participant. 

  
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 (b) If any amount required to be paid by any Foreign Currency Loan Participant to the
Fronting Lender pursuant to Section 2.10(a) or Section 2.10(d) is not made available to the Fronting Lender when due, such Foreign Currency Loan Participant shall pay to the Fronting Lender, on demand, such amount with interest thereon at
a rate equal to the greater of the daily average Overnight LIBO Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation for the period until such Foreign Currency Loan Participant
makes such amount immediately available to the Fronting Lender. If such amount is not made available to the Fronting Lender by such Foreign Currency Loan Participant within three Business Days of such due date, the Fronting Lender shall also be
entitled to recover such amount with interest thereon at the rate per annum applicable to Eurocurrency Loans under the Revolving Facility, on demand. A certificate of the Fronting Lender submitted to any Foreign Currency Loan Participant with
respect to amounts owed under this Section shall be conclusive absent manifest error. 
 (c) Whenever, at any time after the
Fronting Lender has received from any Foreign Currency Loan Participant its pro rata share of such payment in accordance with subsection 2.10(a) in respect of any Fronted Foreign Currency Loan, the Fronting Lender receives any payment
related to such Foreign Currency Loan (whether directly from the Borrower or otherwise, including proceeds of collateral applied thereto by the Fronting Lender or the Administrative Agent, on behalf of the Fronting Lender), or any payment of
interest on account thereof, the Fronting Lender will, within three Business Days after receipt thereof, distribute to such Foreign Currency Loan Participant its pro rata share thereof (and hereby directs the Administrative Agent to
remit such pro rata share to such Foreign Currency Loan Participant out of any such payment received by the Administrative Agent for the account of the Fronting Lender (it being understood that any such payment shall be made in Dollars and the
Fronting Lender or Adminstrative Agent, as applicable, shall convert any such amounts received by it in a currency other than Dollars into the Dollar Equivalent thereof for purposes of such payment)); provided, however, that in the
event that any such payment received by the Fronting Lender shall be required to be returned by the Fronting Lender, such Foreign Currency Loan Participant shall, within three Business Days, return to the Fronting Lender the portion thereof
previously distributed by the Fronting Lender to it. If any amount required to be paid under this paragraph is paid within three Business Days after such payment is due, the Foreign Currency Loan Participant or Fronting Lender, as the case may be,
which owes such amount shall pay to the Fronting Lender or Foreign Currency Loan Participant, as the case may be, to which such amount is owed, on demand, such amount with interest thereon at a rate equal to the greater of the daily average
Overnight LIBO Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation for the period until such Foreign Currency Loan Participant or the Fronting Lender, as the case may be, makes
such amount immediately available to the Fronting Lender or Foreign Currency Loan Participant, as the case may be. If such amount is not made available to the Fronting Lender or Foreign Currency Loan Participant, as the case may be, by such Foreign
Currency Loan Participant or Fronting Lender, as the case may be, within three Business Days of such due date, the Fronting Lender or Foreign Currency Participant, as the case may be, shall also be entitled to recover such amount with interest
thereon at the rate per annum applicable to Eurocurrency Loans under the Revolving Facility, on demand. 

  
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 (d) In the event that any Foreign Currency Loan shall be outstanding and (i) the
principal of or interest on such Foreign Currency Loan shall not be paid (x) with respect to a payment due on a scheduled payment date, on such Business Day (with respect to principal) and within five Business Days after such date (with respect
to interest) and (y) with respect to a payment due on any other date, within five Business Days after the Borrower receives notice of such due date from the Administrative Agent or Required Lenders, and, in either case, the Fronting Lender
shall deliver to the Administrative Agent and the Borrower a request that the provisions of this Section 2.10(d) take effect with respect to such Foreign Currency Loan or (ii) the Commitments shall be terminated or the Loans accelerated
pursuant to Section 8, then (unless such request is revoked by the applicable Fronting Lender) (x) the obligations of the Borrower in respect of the principal of and interest on such Fronted Foreign Currency Loan shall without further
action be converted into obligations denominated in Dollars based upon the Exchange Rate in effect for the day on which such conversion occurs, as determined by the Administrative Agent in accordance with the terms hereof, (y) such converted
obligations will bear interest at the rate applicable to overdue Eurocurrency Loans under the Revolving Facility and (z) each applicable Foreign Currency Loan Participant shall pay the purchase price for its Foreign Currency Participating
Interest in such Foreign Currency Loan by wire transfer of immediately available funds in Dollars to the Administrative Agent in the manner provided in Section 2.10(a) and (b) (and the Administrative Agent shall promptly wire the amounts
so received to the Fronting Lender). Upon any event specified in clause (ii) above, the commitments of the Foreign Currency Lenders to make Foreign Currency Loans pursuant to Section 2.4(b) shall be permanently terminated. The obligations
of the Revolving Lenders to acquire and pay for their Foreign Currency Participating Interests pursuant to this Section 2.10(d) shall be absolute and unconditional under any and all circumstances. 

2.11 Optional Prepayments. The Borrower may at any time and from time to time prepay the Loans, in whole or in part, without
premium or penalty, upon irrevocable notice delivered to the Administrative Agent no later than (a) 11:00 A.M., New York City time, three Business Days prior thereto, in the case of Eurocurrency Loans (other than Foreign Currency Loans),
(b) no later than 11:00 A.M., New York City time, one Business Day prior thereto, in the case of ABR Loans and (c) no later than the time set forth thereof for the relevant Foreign Currency on the Administrative Schedule in the case of
Foreign Currency Loans, which notice shall, in each case, specify the date and amount of prepayment, the Loans to be prepaid and whether the prepayment is of Eurocurrency Loans denominated in Dollars, Foreign Currency Loans (and if a Foreign
Currency Loan is to be prepaid, the Foreign Currency in which such Loans are denominated) or ABR Loans; provided, that if a Eurocurrency Loan is prepaid on any day other than the last day of the Interest Period applicable thereto, the
Borrower shall also pay any amounts owing pursuant to Section 2.21; provided further that in the event of any prepayment, or amendment to the terms, of the Tranche B Term Loans made prior to the first anniversary of the Closing
Date (i) with the proceeds of any Indebtedness consisting of syndicated term loans (including any new or additional term loans under this Agreement) having a lower interest rate than the rate equal to the sum of (x) the Eurocurrency Rate
with respect to the Tranche B Term Loans on the date of such prepayment and (y) the Applicable Margin with respect to the Tranche B Term Loans on the date of such prepayment (such rate, the “Tranche B Term Loan Yield”), which
prepayment is for the primary purpose of refinancing the Tranche B Term Loans at a lower interest rate or (ii) pursuant to any repricing amendment in connection with the Tranche B Term Loans or any refinancing of the Tranche B Term Loans
resulting in the interest rate payable thereon on the date of such amendment being lower than the Tranche B Term Loan Yield on the date immediately prior to the date of such amendment, the Borrower shall pay to the applicable Lenders with respect to
such Tranche B Term Loans a prepayment premium equal to 1% of the principal amount of the Tranche B Term Loans so prepaid or refinanced or, in the case of a repricing amendment, 1% of the aggregate amount of the Tranche B Term Loans outstanding
immediately prior to such amendment. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof. If any such notice is given, the amount specified in such notice shall be due and payable on the date
specified therein, together with (except in the case of Revolving Loans that are ABR Loans and Swingline Loans) accrued interest to such date on the amount prepaid. Any notice of prepayment given by the Borrower may state that such prepayment notice
is conditioned upon the effectiveness of other credit facilities or capital raising, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is
not satisfied. Partial prepayments of Term Loans and Revolving Loans (other than Foreign Currency Loans) shall be in an aggregate principal amount of $1,000,000 or a whole multiple thereof. Partial prepayments of Swingline Loans shall be in an
aggregate principal amount of $100,000 or a whole multiple thereof. Partial prepayments of Foreign Currency Loans shall be in a minimum amount as set forth for the relevant Foreign Currency on the Administrative Schedule. Optional prepayments shall
be applied to the prepayment of Term Loans as directed by the Borrower. 

  
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 2.12 Mandatory Prepayments . (a) If any Indebtedness shall be issued or incurred
by any Group Member (excluding any Indebtedness incurred in accordance with Section 7.2 (other than Indebtedness incurred pursuant to Section 7.2(f)(ii)), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the
date of such issuance or incurrence toward the prepayment of the Term Loans as set forth in Section 2.12(d). 
 (b) Subject
to Section 2.12(e), if on any date any Group Member shall receive Net Cash Proceeds from any Asset Sale or Recovery Event, which, together with the Net Cash Proceeds received from all other Asset Sales or Recovery Events in such fiscal year
exceed $40,000,000, then, unless a Reinvestment Notice shall be delivered in respect thereof, an amount equal to such Net Cash Proceeds in excess of $40,000,000, and an amount equal to all Net Cash Proceeds received thereafter in such fiscal year,
shall be applied on such date of receipt toward the prepayment of the Term Loans as set forth in Section 2.12(d); provided, that, notwithstanding the foregoing, on each Reinvestment Prepayment Date, an amount equal to the Reinvestment
Prepayment Amount with respect to the relevant Reinvestment Event shall be applied toward the prepayment of the Term Loans as set forth in Section 2.12(d). 
 (c) Subject to Section 2.12(e), if, for any fiscal year of the Borrower commencing with the fiscal year ending December 31, 2013, there shall be Excess Cash Flow, the Borrower shall, on the
relevant Excess Cash Flow Application Date, apply an amount equal to the ECF Percentage of such Excess Cash Flow (such amount, the “Adjusted ECF Amount”) toward the prepayment of the Term Loans as set forth in Section 2.12(d).
Each such prepayment shall be made on a date (an “Excess Cash Flow Application Date”) no later than five days after the earlier of (i) the date on which the financial statements of the Borrower referred to in
Section 6.1(a), for the fiscal year with respect to which such prepayment is made, are required to be delivered to the Lenders and (ii) the date such financial statements are actually delivered. 

(d) Amounts to be applied in connection with prepayments made pursuant to Section 2.12 shall be applied to the prepayment of the
Term Loans in accordance with Section 2.18(b). The application of any prepayment pursuant to Section 2.12 shall be made, first, to ABR Loans and, second, to Eurocurrency Loans. Each prepayment of the Term Loans under
Section 2.12 shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid. 

  
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 (e) Notwithstanding any provision to the contrary in this Agreement, the following amounts
shall be excluded from the calculation of the amount of Net Cash Proceeds from any Asset Sale or Recovery Event or the Adjusted ECF Amount, as applicable: 
 (i) any Net Cash Proceeds from any Asset Sale by a Foreign Subsidiary, Net Cash Proceeds from any Recovery Event with respect to a Foreign Subsidiary or any portion of the Adjusted ECF Amount attributed
to a Foreign Subsidiary, as applicable, the distribution of which by a Foreign Subsidiary to the Borrower or a Domestic Subsidiary or any holder of Capital Stock of such Foreign Subsidiary is prohibited or delayed by applicable local law. Any amount
that is excluded from the calculation of Net Cash Proceeds or the Adjusted ECF Amount in accordance with this Section 2.12(e)(i) will not be required to be applied to repay Loans at the times provided in Section 2.12(b) or 2.12(c) and may
be deducted from any amounts otherwise due under Section 2.12(b) or 2.12(c), as applicable, so long, but only so long, as the applicable local law will not permit a distribution of those funds by the Foreign Subsidiary (the Borrower hereby
agreeing to use commercially reasonable efforts to take and to use commercially reasonable efforts to cause the applicable Foreign Subsidiary to take all commercially reasonable actions required by the applicable by the applicable law to eliminate
such limitations). Once the distribution of any of such affected Net Cash Proceeds or Adjusted ECF Amount, as applicable, is permitted under the applicable local law, the Borrower shall prepay the Term Loans (not later than five (5) Business
Days after such distribution is permitted) by an amount equal to such portion of such affected amount, except, for the avoidance of doubt, to the extent that a Reinvestment Notice has been or shall be validly delivered pursuant to
Section 2.12(b) in respect of such Net Cash Proceeds or to the extent Section 2.12(e)(ii) precludes such prepayment, and 
 (ii) any Net Cash Proceeds from any Asset Sale by a Foreign Subsidiary, Net Cash Proceeds from any Recovery Event with respect to a Foreign Subsidiary or any portion of the Adjusted ECF Amount attributed
to a Foreign Subsidiary, in each case, to the extent that the Borrower has determined in its reasonable judgment that the distribution of any of or all such items to the Borrower or any Domestic Subsidiary or any holder of Capital Stock of such
Foreign Subsidiary would have any adverse tax consequence. Any amount that is excluded from the calculation of Net Cash Proceeds or the Adjusted ECF Amount in accordance with this paragraph 2.12(e)(ii) will not be required to be applied to repay
Loans at the times provided in Section 2.12(b) or 2.12(c) and may be deducted from any amounts otherwise due under Section 2.12(b) or 2.12(c). Once the Borrower determines in its reasonable judgment that a distribution of any of such
affected Net Cash Proceeds or Adjusted ECF Amount , as applicable, would cease to result in adverse tax consequences, the Borrower shall prepay the Term Loans (not later than five (5) Business Days after such determination) by an amount equal
to such portion of such affected amount , except, for the avoidance of doubt, to the extent that a Reinvestment Notice has been or shall be validly delivered pursuant to Section 2.12(b) in respect of such Net Cash Proceeds or to the extent
Section 2.12(e)(i) precludes such prepayment. 
 Notwithstanding anything to the contrary in this
Section 2.12, in no event shall the Borrower be required to repatriate cash of Non-Domestic Subsidiaries. 
 (f) If, on any
Calculation Date, (i) the aggregate Dollar Equivalents of the aggregate outstanding principal amounts of Foreign Currency Loans exceeds an amount equal to 105% of the Foreign Currency Sublimit, the Borrower shall, without notice or demand,
immediately repay such of the outstanding Foreign Currency Loans in an aggregate principal amount such that, after giving effect thereto, the aggregate Dollar Equivalents of the outstanding principal amounts of Foreign Currency Loans does not exceed
the Foreign Currency Sublimit or (ii) the Total Revolving Extensions of Credit (including the Dollar Equivalents of any Revolving Extensions of Credit outstanding in a currency other than Dollars) exceed the Total Revolving Commitments, and the
Total Revolving Extensions of Credit (including the Dollar Equivalents of any Revolving Extensions of Credit outstanding in a currency other than Dollars) exceed the Total Revolving Commitments for four consecutive Business Days thereafter, then on
such fourth Business Day thereafter, the Borrower shall, without notice or demand, immediately repay such of the outstanding Revolving Extensions of Credit in an aggregate principal amount such that, after giving effect thereto, the Total Revolving
Extensions of Credit (including the Dollar Equivalents of any Revolving Extensions of Credit outstanding in a currency other than Dollars) do not exceed the Total Revolving Commitments. 

  
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 2.13 Conversion and Continuation Options. (a) The Borrower may elect from time
to time to convert Eurocurrency Loans that are denominated in Dollars to ABR Loans by giving the Administrative Agent prior irrevocable notice of such election no later than 11:00 A.M., New York City time, on the Business Day preceding the proposed
conversion date, provided that any such conversion of Eurocurrency Loans may only be made on the last day of an Interest Period with respect thereto. The Borrower may elect from time to time to convert ABR Loans to Eurocurrency Loans by
giving the Administrative Agent prior irrevocable notice of such election no later than 1:00 P.M., New York City time, on the third Business Day preceding the proposed conversion date (which notice shall specify the length of the initial Interest
Period therefor), provided that no ABR Loan under a particular Facility may be converted into a Eurocurrency Loan when any Event of Default has occurred and is continuing and the Administrative Agent or the Majority Facility Lenders in
respect of such Facility have determined in its or their sole discretion not to permit such conversions. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof. 

(b) Any Eurocurrency Loan may be continued as such upon the expiration of the then current Interest Period with respect thereto by the
Borrower giving irrevocable notice to the Administrative Agent, in accordance with the applicable provisions of the term “Interest Period” set forth in Section 1.1, of the length of the next Interest Period to be applicable to such
Loans, provided that no Eurocurrency Loan under a particular Facility may be continued as such (i) when any Event of Default has occurred and is continuing and the Administrative Agent has or the Majority Facility Lenders in respect of
such Facility have determined in its or their sole discretion not to permit such continuations or (ii) if an Event of Default specified in clause (i) or (ii) of Section 8(f) with respect to the Borrower is in existence,
provided, further, that (i) with respect to Eurocurrency Loans denominated in Dollars, if the Borrower shall fail to give any required notice as described above in this paragraph or if such continuation is not permitted pursuant
to the preceding proviso any such Loans shall be automatically converted to ABR Loans on the last day of such then expiring Interest Period and (ii) with respect to Eurocurrency Loans denominated in a currency other than Dollars, (x) if
the Borrower shall fail to give any required notice as described above in this paragraph, such Loans shall be continued as Eurocurrency Loans with a three-month Interest Period and (y) if such continuation is not permitted pursuant to the
preceding proviso any such Loans shall be due and payable on the last day of the then-current Interest Period; and provided further that any such Eurocurrency Loan is continued in the same currency. Upon receipt of any such notice the
Administrative Agent shall promptly notify each relevant Lender thereof. 
 2.14 Limitations on Eurocurrency Tranches and
Foreign Currency Loans. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions and continuations of Eurocurrency Loans denominated in Dollars and all selections of Interest Periods shall be in such amounts and be
made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurocurrency Loans denominated in Dollars comprising each Eurocurrency Tranche shall be equal to $1,000,000 or a whole multiple of
$1,000,000 in excess thereof and (b) no more than ten Eurocurrency Tranches denominated in Dollars shall be outstanding at any one time. There shall be no more than six Foreign Currency Loans denominated in Foreign Currencies outstanding at any
time. 
 2.15 Interest Rates and Payment Dates. (a) Each Eurocurrency Loan shall bear interest for each day during
each Interest Period with respect thereto at a rate per annum equal to the Eurocurrency Rate determined for such day plus the Applicable Margin; provided that each Fronted Foreign Currency Loan shall bear interest for each day during each
Interest Period with respect thereto at a rate per annum equal to the Eurocurrency Rate determined for such day. 
 (b) Each ABR
Loan shall bear interest at a rate per annum equal to the ABR plus the Applicable Margin. 

  
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 (c) (i) If all or a portion of the principal amount of any Loan or Reimbursement
Obligation shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to (x) in the case of the Loans, the rate that would otherwise be applicable
thereto pursuant to the foregoing provisions of this Section plus 2% or (y) in the case of Reimbursement Obligations, the rate applicable to ABR Loans under the Revolving Facility plus 2% and (ii) if all or a portion of any
interest payable on any Loan or Reimbursement Obligation or any commitment fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a
rate per annum equal to the rate then applicable to ABR Loans under the relevant Facility plus 2% (or, in the case of any such other amounts that do not relate to a particular Facility, the rate then applicable to ABR Loans under the
Revolving Facility plus 2%), in each case, with respect to clauses (i) and (ii) above, from the date of such non-payment until such amount is paid in full (as well after as before judgment). 

(d) Interest shall be payable in arrears on each Interest Payment Date, provided that interest accruing pursuant to paragraph
(c) of this Section shall be payable from time to time on demand. 
 2.16 Computation of Interest and Fees.
(a) Interest and fees payable pursuant hereto shall be calculated on the basis of a 360-day year for the actual days elapsed, except that, with respect to (i) ABR Loans the rate of interest on which is calculated on the basis of the Prime
Rate, the interest thereon shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed and (ii) Loans denominated in Pounds Sterling, the interest thereon shall be calculated on the basis of a
365-day year for the actual days elapsed. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each determination of a Eurocurrency Rate. Any change in the interest rate on a Loan resulting from a
change in the ABR shall become effective as of the opening of business on the day on which such change becomes effective. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of the effective date and
the amount of each such change in interest rate. 
 (b) Each determination of an interest rate by the Administrative Agent
pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower and the Lenders in the absence of manifest error. The Administrative Agent shall, at the request of the Borrower, deliver to the Borrower a statement showing
the quotations used by the Administrative Agent in determining any interest rate pursuant to Section 2.15(a). 
 2.17
Inability to Determine Interest Rate. If prior to the first day of any Interest Period: 
 (i) the
Administrative Agent shall have reasonably determined (which determination shall be conclusive and binding upon the Borrower) that, by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining
the Eurocurrency Rate for such Interest Period, or 
 (ii) the Administrative Agent shall have received notice
from the Majority Facility Lenders in respect of the relevant Facility that the Eurocurrency Rate determined or to be determined for such Interest Period will not adequately and fairly reflect the cost to such Lenders (as conclusively certified by
such Lenders) of making or maintaining their affected Loans during such Interest Period, 

  
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 the Administrative Agent shall give telecopy or telephonic notice thereof to the Borrower and the relevant
Lenders as soon as practicable thereafter. If such notice is given (A) in respect of Eurocurrency Loans denominated in Dollars, (x) any Eurocurrency Loans under the relevant Facility requested to be made on the first day of such Interest
Period shall be made as ABR Loans, (y) any Loans under the relevant Facility that were to have been converted on the first day of such Interest Period to Eurocurrency Loans shall be continued as ABR Loans and (z) any outstanding
Eurocurrency Loans under the relevant Facility shall be converted, on the last day of the then-current Interest Period, to ABR Loans and (B) in respect of Foreign Currency Loans, (x) any Foreign Currency Loans requested to be made on the
first day of such Interest Period shall not be made and (y) any outstanding Foreign Currency Loans shall be due and payable on the last day of the then-current Interest Period. Until such notice has been withdrawn by the Administrative Agent,
no further Eurocurrency Loans under the relevant Facility shall be made or continued as such, nor shall the Borrower have the right to convert Loans under the relevant Facility to Eurocurrency Loans. 

2.18 Pro Rata Treatment and Payments. (a) Each borrowing by the Borrower from the Lenders hereunder (other than with respect
to Foreign Currency Loans), each payment by the Borrower on account of any commitment fee and any reduction of the Commitments of the Lenders shall be made pro rata according to the respective Tranche A Term Percentages, Tranche B Term
Percentages or Revolving Percentages, as the case may be, of the relevant Lenders. Each payment by the Borrower of the Foreign Currency Participation Fee with respect to any Foreign Currency Loan made in a particular Foreign Currency shall be made
pro rata among the Revolving Lenders that are Foreign Currency Loan Participants in respect of Foreign Currency Loans made in such Foreign Currency in accordance with their respective Foreign Currency Participating Interests. 

(b) Each payment (including each prepayment pursuant to Section 2.12 but excluding any prepayment pursuant to Section 2.11) by
the Borrower on account of principal of and interest on the Term Loans shall be made pro rata according to the respective outstanding principal amounts of the Term Loans then held by the Term Lenders. The amount of each principal
prepayment of the Term Loans pursuant to Section 2.12 shall be applied, within each Term Facility, (i) first to scheduled installments of the Tranche A Term Loans and the Tranche B Term Loans, as the case may be, occurring within the next
12 months in direct order of maturity and (ii) thereafter, to reduce the then remaining installments of the Tranche A Term Loans and Tranche B Term Loans, as the case may be, pro rata based upon the respective then
remaining principal amounts thereof. Each prepayment pursuant to Section 2.11 by the Borrower on account of principal of and interest on the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, shall be made pro rata according
to the respective principal amounts of the Tranche A Term Loans or Tranche B Term Loans, as the case may be, then held by the Tranche A Term Lenders or the Tranche B Term Lenders, as the case may be. Amounts prepaid on account of the Term Loans may
not be reborrowed. 
 (c) Each payment (including each prepayment) by the Borrower on account of principal of and interest on
the Revolving Loans (other than Foreign Currency Loans) shall be made pro rata according to the respective outstanding principal amounts of the Revolving Loans then held by the Revolving Lenders. 

(d) Each borrowing by the Borrower of Foreign Currency Loans in any particular Foreign Currency shall be made among the Foreign Currency
Lenders with respect to such Foreign Currency, with the Foreign Currency Loan of each such Foreign Currency Lender (other than the Fronting Lender) to be in an amount equal to its Revolving Percentage of the applicable borrowing and the Foreign
Currency Loan of the Fronting Lender to be in an amount equal to the aggregate amount of such borrowing less the amount of the Foreign Currency Loans being made by other Foreign Currency Lenders and comprising part of such borrowing. Each payment
(including each prepayment) by the Borrower on account of principal of and interest on any Foreign Currency Loan shall be made pro rata according to the respective outstanding principal amounts of such Foreign Currency Loan then held by the
applicable Foreign Currency Lenders. 

  
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 (e) All payments (including prepayments) to be made by the Borrower hereunder, whether on
account of principal, interest, fees or otherwise (other than in respect of the principal or interest on, or the fronting fee with respect to the Foreign Currency Loans), shall be made without setoff or counterclaim and shall be made prior to 1:00
P.M., New York City time, on the due date thereof to the Administrative Agent, for the account of the Lenders, at the Funding Office, in Dollars and in immediately available funds. Other than as set forth in Section 2.10(d), all payments
(including prepayments) to be made by the Borrower hereunder on account of principal or interest on, or the fronting fee with respect to the Foreign Currency Loans shall be made in the relevant Foreign Currency, without setoff and counterclaim and
shall be made on the due date thereof to the Foreign Currency Agent, for the account of the applicable Foreign Currency Lenders (or, with respect to the fronting fee, the Fronting Lender), at the office, and prior to the time for payment for the
relevant currency, set forth on the Administrative Schedule. The Administrative Agent or the Foreign Currency Agent, as applicable, shall distribute such payments to each relevant Lender or Fronting Lender, as the case may be, promptly upon receipt
in like funds as received, net of any amounts owing by such Lender pursuant to Section 9.7. If any payment hereunder (other than payments on the Eurocurrency Loans) becomes due and payable on a day other than a Business Day, such payment shall
be extended to the next succeeding Business Day. If any payment on a Eurocurrency Loan becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day unless the result of such
extension would be to extend such payment into another calendar month, in which event such payment shall be made on the immediately preceding Business Day. In the case of any extension of any payment of principal pursuant to the preceding two
sentences, interest thereon shall be payable at the then applicable rate during such extension. 
 (f) Unless the Administrative
Agent shall have been notified in writing by any Lender prior to a borrowing that such Lender will not make the amount that would constitute its share of such borrowing available to the Administrative Agent, the Administrative Agent may assume that
such Lender is making such amount available to the Administrative Agent, and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower a corresponding amount. If such amount is not made available to the
Administrative Agent by the required time on the Borrowing Date therefor, such Lender shall pay to the Administrative Agent, on demand, such amount with interest thereon, at a rate equal to the greater of (i) the Federal Funds Effective Rate
and (ii) a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, for the period until such Lender makes such amount immediately available to the Administrative Agent. A certificate of
the Administrative Agent submitted to any Lender with respect to any amounts owing under this paragraph shall be conclusive in the absence of manifest error. If such Lender’s share of such borrowing is not made available to the Administrative
Agent by such Lender within three Business Days after such Borrowing Date, the Administrative Agent shall also be entitled to recover such amount with interest thereon at the rate per annum applicable to ABR Loans under the relevant Facility, on
demand, from the Borrower. 
 (g) Unless the Administrative Agent shall have been notified in writing by the Borrower prior to
the date of any payment due to be made by the Borrower hereunder that the Borrower will not make such payment to the Administrative Agent, the Administrative Agent may assume that the Borrower is making such payment, and the Administrative Agent
may, but shall not be required to, in reliance upon such assumption, make available to the Lenders their respective pro rata shares of a corresponding amount. If such payment is not made to the Administrative Agent by the Borrower
within three Business Days after such due date, the Administrative Agent shall be entitled to recover, on demand, from each Lender to which any amount which was made available pursuant to the preceding sentence, such amount with interest thereon at
the rate per annum equal to the daily average Federal Funds Effective Rate. Nothing herein shall be deemed to limit the rights of the Administrative Agent or any Lender against the Borrower. 

  
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 (h) If any Lender shall fail to make any payment required to be made by it pursuant to
Section 2.7(b), 2.7(c), 2.11, 2.18(e), 2.18(f), 2.20(e), 3.4(a) or 9.7, then the Administrative Agent may, in its discretion and notwithstanding any contrary provision hereof, (i) apply any amounts thereafter received by the Administrative
Agent for the account of such Lender for the benefit of the Administrative Agent, the Swingline Lender, any Fronting Lender or the Issuing Lender to satisfy such Lender’s obligations to it under such Sections until all such unsatisfied
obligations are fully paid, and/or (ii) hold any such amounts in a segregated account as cash collateral for, and application to, any future funding obligations of such Lender under any such Section, in the case of each of clauses (i) and
(ii) above, in any order as determined by the Administrative Agent in its discretion. 
 2.19 Requirements of Law.
(a) If any Governmental Authority shall have in effect at any time during the term of this Agreement any reserve requirements (including basic, supplemental, marginal and emergency reserves) under any regulations dealing with reserve
requirements prescribed for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board) maintained by a member bank of the Federal Reserve System, and the result of such requirement shall be to
increase the cost to any Lender of making or maintaining any Eurocurrency Loans and such Lender shall have requested, by notice to the Borrower and the Administrative Agent (which notice shall specify the Statutory Reserve Rate applicable to such
Lender), compensation under this paragraph, then the Borrower will pay to such Lender (until the earlier of the date such requirement is no longer in effect or the date such Lender shall withdraw such request) amounts sufficient to compensate such
Lender for such additional costs of making or maintaining such Eurocurrency Loans. 
 (b) If the adoption of or any change in
any Requirement of Law or in the interpretation or application thereof by any central bank or other Governmental Authority or compliance by any Lender with any request or directive (whether or not having the force of law) from any central bank or
other Governmental Authority made subsequent to the date hereof: 
 (i) shall subject any Credit Party to any
Taxes (other than Indemnified Taxes and Excluded Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; 

(ii) shall, without duplication of reserves or other deposits contemplated by Section 2.19(a), impose, modify or
hold applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets held by, deposits or other liabilities in or for the account of, advances, loans or other extensions of credit (or participations
therein) by, or any other acquisition of funds by, any office of such Lender that is not otherwise included in the determination of the Eurocurrency Rate; or 
 (iii) shall impose on such Lender any other condition (other than Taxes); 
 and the result of any
of the foregoing is to increase the cost to such Lender or such other Credit Party, by an amount that such Lender or other Credit Party reasonably deems to be material, of making, converting into, continuing or maintaining Loans or issuing or
participating in Letters of Credit, or to reduce any amount receivable hereunder in respect thereof, then, in any such case, the Borrower shall promptly pay such Lender or such other Credit Party, upon its demand, any additional amounts necessary to
compensate such Lender or such other Credit Party for such increased cost or reduced amount receivable. If any Lender or such other Credit Party becomes entitled to claim any additional amounts pursuant to this paragraph, it shall promptly notify
the Borrower (with a copy to the Administrative Agent) of the event by reason of which it has become so entitled. 

  
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 (c) If any Lender shall have determined that the adoption of or any change in any
Requirement of Law regarding capital or liquidity requirements or in the interpretation or application thereof or compliance by such Lender or any corporation controlling such Lender with any request or directive regarding capital or liquidity
requirements (whether or not having the force of law) from any Governmental Authority made subsequent to the date hereof shall have the effect of reducing the rate of return on such Lender’s or such corporation’s capital as a consequence
of its obligations hereunder or under or in respect of any Letter of Credit to a level below that which such Lender or such corporation could have achieved but for such adoption, change or compliance (taking into consideration such Lender’s or
such corporation’s policies with respect to capital adequacy or liquidity) by an amount reasonably deemed by such Lender to be material, then from time to time, after submission by such Lender to the Borrower (with a copy to the Administrative
Agent) of a written request therefor, the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender or such corporation for such reduction. 

(d) Notwithstanding anything herein to the contrary, (i) all requests, rules, guidelines, requirements and directives promulgated by
the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by United States or foreign regulatory authorities, in each case pursuant to Basel III, and (ii) the Dodd-Frank Wall
Street Reform and Consumer Protection Act and all requests, rules, guidelines, requirements and directives thereunder or issued in connection therewith or in implementation thereof, shall in each case be deemed to be a change in law, regardless of
the date enacted, adopted, issued or implemented. 
 (e) If by reason of any change in a Requirement of Law subsequent to the
Closing Date, disruption of currency or foreign exchange markets, war or civil disturbance or similar event, the funding of any Foreign Currency Loan in any relevant Foreign Currency or the funding of any Foreign Currency Loan in any relevant
Foreign Currency to an office located other than in New York shall be impossible or, in the reasonable judgment of any Fronting Lender, such Foreign Currency is no longer available or readily convertible to Dollars, or the Dollar Equivalent of such
Foreign Currency is no longer readily calculable, then, at the election of any Fronting Lender, no Foreign Currency Loans in the relevant currency shall be made or any Foreign Currency Loan in the relevant currency shall be made to an office of the
Administrative Agent located in New York, as the case may be. 
 (f) (i) If payment in respect of any Foreign Currency Loan
shall be due in a currency other than Dollars and/or at a place of payment other than New York and if, by reason of any change in a Requirement of Law subsequent to the Closing Date, disruption of currency or foreign exchange markets, war or civil
disturbance or similar event, payment of such Obligations in such currency or such place of payment shall be impossible or, in the reasonable judgment of any Fronting Lender, such Foreign Currency is no longer available or readily convertible to
Dollars, or the Dollar Equivalent of such Foreign Currency is no longer readily calculable, then, at the election of any affected Lender, the Borrower shall make payment of such Loan in Dollars (based upon the Exchange Rate in effect for the day on
which such payment occurs, as determined by the Administrative Agent in accordance with the terms hereof) and/or in New York or (ii) if any Foreign Currency in which Loans are outstanding is redenominated then, at the election of any affected
Lender, such affected Loan and all obligations of the Borrower in respect thereof shall be converted into obligations in Dollars (based upon the Exchange Rate in effect on such date, as determined by the Administrative Agent in accordance with the
terms hereof), and, in each case, the Borrower shall indemnify the Lenders, against any currency exchange losses or reasonable out-of-pocket expenses that it shall sustain as a result of such alternative payment. 

  
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 (g) A certificate as to any additional amounts payable pursuant to Sections
2.19(a), (b) or (c) submitted by any Lender to the Borrower (with a copy to the Administrative Agent) shall be conclusive in the absence of manifest error. Notwithstanding anything to the contrary in this Section, the Borrower shall not be
required to compensate a Lender pursuant to this Section for any amounts incurred more than nine months prior to the date that such Lender notifies the Borrower of such Lender’s intention to claim compensation therefor; provided that, if
the circumstances giving rise to such claim have a retroactive effect, then such nine-month period shall be extended to include the period of such retroactive effect. The obligations of the Borrower pursuant to this Section shall survive the
termination of this Agreement and the payment of the Loans and all other amounts payable hereunder. 
 2.20 Taxes.
(a) Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. Notwithstanding the preceding sentence, if
any applicable law (as determined in the good faith discretion of an applicable withholding agent) requires the deduction or withholding of any Tax from any such payment by a withholding agent, then the applicable withholding agent shall be entitled
to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable
Loan Party shall be increased as necessary so that, after such deduction or withholding has been made (including such deductions and withholdings for Indemnified Taxes applicable to additional sums payable under this Section 2.20), the amounts
received with respect to this agreement equal the sum which would have been received had no such deduction or withholding been made, unless such withholding or deduction is solely attributable to the willful misconduct of the Administrative Agent as
found by a final and nonappealable decision of a court of competent jurisdiction. 
 (b) The Loan 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, Other Taxes. 
 (c) As soon as practicable after any payment of Taxes by any Loan Party or the Administrative Agent to a Governmental Authority pursuant to this Section 2.20, such Loan Party shall deliver to the
Administrative Agent, or the Administrative Agent shall deliver to the Loan Party, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such
payment or other evidence of such payment reasonably satisfactory to the Administrative Agent or the Loan Party, as the case may be. 
 (d) The Loan Parties shall jointly and severally indemnify each Credit Party, within 10 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or
asserted on or attributable to amounts payable under this Section) payable or paid by such Credit Party or required to be withheld or deducted from a payment to such Credit Party 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 Lender (with a copy to the
Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 
 (e) Each Lender shall severally indemnify, within 10 days after demand therefor (i) the Administrative Agent for any Taxes attributable to such Lender (but only to the extent that any Loan Party has
not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so) and (ii) the Administrative Agent and the Borrower, as applicable, for any Taxes attributable to such
Lender’s failure to comply with the provisions of Section 10.6(c) relating to the maintenance of a Participant Register, in either case, that are payable or paid by the Administrative Agent or the Borrower 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 or the Borrower 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 or the Borrower under this paragraph (e). 

  
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 (f) (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 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 2.20(f)(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, in the event that the Borrower is a U.S. Person, 
 (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 originals of IRS Form W-9 certifying that such Lender is exempt from U.S. Federal backup withholding tax; 
 (B) any Non-U.S. 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 Non-U.S. 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 Non-U.S. Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under
any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. Federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable
payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. Federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty;

  

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

  

	 	(3)	in the case of a Non-U.S. 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 F-1 to the effect that such Non-U.S. 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 originals of IRS Form W-8BEN; or

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

 (C) any Non-U.S. 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 Non-U.S. 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 originals of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S. Federal withholding Tax, duly completed, together with
such supplementary documentation as may be prescribed by applicable law to permit 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 U.S. Federal withholding Tax imposed by
FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the 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. 

  
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 (g) If any party determines, in its sole discretion exercised in good faith, that it has
received a refund or credit of any Taxes as to which it has been indemnified pursuant to this Section 2.20 (including by the payment of additional amounts pursuant to this Section 2.20), it shall pay to the indemnifying party an amount
equal to such refund or credit (but only to the extent of indemnity payments made, including additional amounts paid, under this Section with respect to the Taxes giving rise to such refund or credit), net of all reasonable 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 or credit). Such indemnifying party, upon the request of such indemnified party, shall
repay to such indemnified party the amount paid over pursuant to this paragraph (g) (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 or credit to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (g), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph
(g) the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the indemnification payments or additional amounts giving rise to such refund or credit 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.

 (h) Each party’s obligations under this Section 2.20 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 the Loan Documents. 

(i) For purposes of this Section 2.20, the term “Lender” includes the Issuing Lender and the Swingline Lender. 

2.21 Indemnity. The Borrower agrees to indemnify each Lender for, and to hold each Lender harmless from, any loss or expense that
such Lender may sustain or incur as a consequence of (a) default by the Borrower in making a borrowing of, conversion into, conversion from or continuation of Eurocurrency Loans after the Borrower has given a notice requesting the same in
accordance with the provisions of this Agreement, (b) default by the Borrower in making any prepayment of or conversion from Eurocurrency Loans after the Borrower has given a notice thereof in accordance with the provisions of this Agreement or
(c) the making of a prepayment of Eurocurrency Loans on a day that is not the last day of an Interest Period with respect thereto. Such indemnification may include an amount equal to the excess, if any, of (i) the amount of interest that
would have accrued on the amount so prepaid, or not so borrowed, converted or continued, for the period from the date of such prepayment or of such failure to borrow, convert or continue to the last day of such Interest Period (or, in the case of a
failure to borrow, convert or continue, the Interest Period that would have commenced on the date of such failure) in each case at the applicable rate of interest for such Loans provided for herein (excluding, however, the Applicable Margin included
therein, if any) over (ii) the amount of interest (as reasonably determined by such Lender) that would have accrued to such Lender on such amount by placing such amount on deposit for a comparable period with leading banks in the
interbank eurocurrency market. A certificate as to any amounts payable pursuant to this Section submitted to the Borrower by any Lender shall be conclusive in the absence of manifest error. This covenant shall survive the termination of this
Agreement and the payment of the Loans and all other amounts payable hereunder. 
 2.22 Change of Lending Office. Each
Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 2.19 or 2.20(a) with respect to such Lender, it will, if requested by the Borrower, use reasonable efforts to designate another lending office for any
Loans affected by such event or assign its rights and obligations hereunder to another of its offices, branches or affiliates with the object of avoiding or minimizing the consequences of such event; provided, that such designation is made on
terms that, in the sole judgment of such Lender, cause such Lender and its lending offices to suffer no economic, legal or regulatory disadvantage, and provided, further, that nothing in this Section shall affect or postpone any of the
obligations of the Borrower or the rights of any Lender pursuant to Section 2.19 or 2.20(a). 

  
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 2.23 Replacement of Lenders. The Borrower shall be permitted to replace any Lender if
(a) the Lender requests reimbursement for amounts owing pursuant to Section 2.19 or 2.20(a) or if the Loan Parties are required to pay Indemnified Taxes or additional amounts with respect thereto to any Governmental Authority for the
account of any Lender pursuant to Section 2.20(a), (b) the Lender is then a Defaulting Lender, or (c) the Lender (the “Non-Consenting Lender”) does not consent to any proposed amendment, supplement, modification,
consent or waiver of any provision of this Agreement or any other Loan Document (a “Proposed Change”) that requires the consent of each of the Lenders or each of the Lenders affected thereby (so long as the consent of the Required
Lenders has been obtained), with a replacement financial institution; provided that (i) such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time of
such replacement, (iii) prior to any such replacement, such Lender shall have taken no action under Section 2.22 so as to eliminate the continued need for payment of amounts owing pursuant to Section 2.19 or 2.20(a), (iv) the
replacement financial institution shall purchase, at par, all Loans and other amounts owing to such replaced Lender on or prior to the date of replacement, (v) the Borrower shall be liable to such replaced Lender under Section 2.21 if any
Eurocurrency Loan owing to such replaced Lender shall be purchased other than on the last day of the Interest Period relating thereto, (vi) to the extent the Administrative Agent would have consent rights over an assignment of the applicable
Loans or Commitments to the replacement financial institution pursuant to Section 10.6, the replacement financial institution shall be reasonably satisfactory to the Administrative Agent, (vii) the replaced Lender shall be obligated to
make such replacement in accordance with the provisions of Section 10.6 (provided that the Borrower shall be obligated to pay the registration and processing fee referred to therein), (viii) until such time as such replacement shall be
consummated, the Borrower shall pay all additional amounts (if any) required pursuant to Section 2.19 or 2.20(a), as the case may be, and (ix) any such replacement shall not be deemed to be a waiver of any rights that the Borrower, the
Administrative Agent or any other Lender shall have against the replaced Lender. Each party hereto agrees that an assignment required pursuant to this paragraph may be effected pursuant to an Assignment and Assumption executed by the Borrower, the
Administrative Agent and the assignee and that the Lender required to make such assignment need not be a party thereto. At any time on or prior to the first anniversary after the Closing Date, if the Proposed Change to which the Non-Consenting
Lender withholds consent would result in a prepayment premium being payable to any Lender pursuant to Section 2.11 (assuming no waiver of such prepayment premium), the Borrower shall be required to pay such Non-Consenting Lender a 1% premium on
the amount of such Non-Consenting Lender’s Tranche B Term Loans in connection with any assignment thereof pursuant to this paragraph. 
 2.24 Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such
Lender is a Defaulting Lender: 
 (a) fees shall cease to accrue on the unfunded portion of the Revolving Commitment of such
Defaulting Lender pursuant to Section 2.8(a) and on the Commitment of such Defaulting Lender pursuant to Section 2.8(b); 
 (b) the Revolving Commitment and Revolving Extensions of Credit of such Defaulting Lender shall not be included in determining whether the Required Lenders have taken or may take any action hereunder
(including any consent to any amendment, waiver or other modification pursuant to Section 10.1); provided, that this clause (b) shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver or other
modification requiring the consent of such Lender or each Lender affected thereby; 

  
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 (c) if any Swingline Exposure or L/C Exposure exists or any Foreign Currency Loans are
outstanding at the time such Lender becomes a Defaulting Lender then: 
 (i) all or any part of the Swingline Exposure, L/C
Exposure and Foreign Currency Participating Interest of such Defaulting Lender shall be reallocated among the non-Defaulting Lenders in accordance with their respective Revolving Percentages but only to the extent the sum of all non-Defaulting
Lenders’ Revolving Extensions of Credit plus such Defaulting Lender’s Swingline Exposure, L/C Exposure and Foreign Currency Participating Interest does not exceed the total of all non-Defaulting Lenders’ Revolving Commitments;

 (ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, the Borrower shall
within one Business Day following notice by the Administrative Agent (x) first, prepay such Swingline Exposure, (y) second, cash collateralize for the benefit of the Issuing Lender only the Borrower’s obligations corresponding to such
Defaulting Lender’s L/C Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set forth in Section 8 for so long as such L/C Exposure is outstanding and
(z) third, cash collateralize for the benefit of the Fronting Lender, only the Borrower’s obligations corresponding to such Defaulting Lender’s Foreign Currency Participating Interest (after giving effect to any partial
reallocation pursuant to clause (i) above) for so long as the circumstances giving rise to such obligation to provide such cash collateral remain relevant (which cash collateralization requirement shall be satisfied by the Borrower depositing
such cash collateral into an account opened by the Administrative Agent); 
 (iii) if the Borrower cash collateralizes any
portion of such Defaulting Lender’s L/C Exposure pursuant to clause (ii) above, the Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 3.3(a) with respect to such Defaulting Lender’s L/C
Exposure during the period such Defaulting Lender’s L/C Exposure is cash collateralized; 
 (iv) if the L/C Exposure of the
non-Defaulting Lenders is reallocated pursuant to clause (i) above, then the fees payable to the Lenders pursuant to Section 2.8(a) and Section 3.3(a) shall be adjusted in accordance with such non-Defaulting Lenders’ Revolving
Percentages; 
 (v) if all or any portion of such Defaulting Lender’s L/C Exposure is neither reallocated nor cash
collateralized pursuant to clause (i) or (ii) above, then, without prejudice to any rights or remedies of the Issuing Lender or any other Lender hereunder, all fees payable under Section 3.3(a) with respect to such Defaulting
Lender’s L/C Exposure shall be payable to the Issuing Lender until and to the extent that such L/C Exposure is reallocated and/or cash collateralized; 
 (vi) if the Borrower cash collateralizes any portion of such Defaulting Lender’s Foreign Currency Participating Interest pursuant to clause (ii) above, the Borrower shall not be required to pay
any fees to such Defaulting Lender pursuant to Section 2.8(d) with respect to such Defaulting Lender’s Foreign Currency Participating Interest during the period such Defaulting Lender’s Foreign Currency Participating Interest is cash
collateralized; 
 (vii) if the Foreign Currency Participating Interests of the non-Defaulting Lenders are reallocated pursuant
to clause (i) above, then the fees payable to the Lenders pursuant to Section 2.8(d) shall be readjusted in accordance with such non-Defaulting Lenders’ Revolving Percentages; and 

  
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 (viii) if all or any portion of such Defaulting Lender’s Foreign Currency Participating
Interest is neither reallocated nor cash collateralized pursuant to clause (i) or (ii) above, then, without prejudice to any rights or remedies of the Fronting Lender or any other Lender hereunder, the fee payable under Section 2.8(d)
with respect to such Defaulting Lender’s Foreign Currency Participating Interest that has not been reallocated or cash collateralized shall be payable to the Fronting Lender until and to the extent that such Foreign Currency Participating
Interest is reallocated and/or cash collateralized; 
 (d) so long as such Lender is a Defaulting Lender, the Swingline Lender
shall not be required to fund any Swingline Loan and the Issuing Lender shall not be required to issue, amend or increase any Letter of Credit, unless it is satisfied that the related exposure and the Defaulting Lender’s then outstanding L/C
Exposure will be 100% covered by the Revolving Commitments of the non-Defaulting Lenders and/or cash collateral will be provided by the Borrower in accordance with Section 2.24(c), and participating interests in any newly made Swingline Loan or
any newly issued or increased Letter of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with Section 2.24(c)(i) (and such Defaulting Lender shall not participate therein); and 

(e) so long as such Lender is a Defaulting Lender, the Fronting Lender shall not be required to fund any Fronted Foreign Currency Loan
unless it is satisfied that the related exposure and the Defaulting Lender’s Foreign Currency Participating Interest will be 100% covered by the Revolving Commitments of the non-Defaulting Lenders and/or cash collateral will be provided by the
Borrower in accordance with Section 2.24(c) 
 If a Bankruptcy Event with respect to a Lender Parent of any Lender shall
occur following the date hereof and for so long as such event shall continue, the Swingline Lender shall not be required to fund any Swingline Loan, the Fronting Lender shall not be required to fund any Fronted Foreign Currency Loan and the Issuing
Lender shall not be required to issue, amend or increase any Letter of Credit, unless the Swingline Lender, the Fronting Lender or the Issuing Lender, as the case may be, shall have entered into arrangements with the Borrower or such Lender,
satisfactory to the Swingline Lender, the Fronting Lender or the Issuing Lender, as the case may be, to defease any risk to it in respect of such Lender hereunder. 
 In the event that the Administrative Agent, the Borrower, the Swingline Lender, the Fronting Lender and the Issuing Lender each agrees that a Defaulting Lender has adequately remedied all matters that
caused such Lender to be a Defaulting Lender, then the Swingline Exposure, L/C Participating Interests and L/C Exposure of the Lenders shall be readjusted to reflect the inclusion of such Lender’s Revolving Commitment, and on such date such
Lender shall purchase at par such of the Loans of the other Lenders (other than Swingline Loans and (other than in the case of any such Defaulting Lender that is a Foreign Currency Lender) Foreign Currency Loans) and the Foreign Currency
Participating Interests of the other Revolving Lenders as the Administrative Agent shall determine may be necessary in order for such Lender to hold such Loans in accordance with its Revolving Percentage or Foreign Currency Participating Interests,
as the case may be, in accordance with its ratable share thereof. 
 2.25 Incremental Facilities. (a) The Borrower
and any one or more Lenders (including New Lenders) may from time to time agree that such Lenders shall make, obtain or increase the amount of their Incremental Term Loans or Revolving Commitments (any such increased Revolving Commitments,
“Incremental Revolving Commitments”), as applicable, by executing and delivering to the Administrative Agent an Increased Facility Activation Notice specifying (i) the amount of such increase and the Facility or Facilities
involved, (ii) the applicable Increased Facility Closing Date and (iii) in the case of Incremental Term Loans, (w) the applicable Incremental Term Maturity Date, (x) the amortization schedule for such Incremental Term Loans,
(y) the Applicable Margin for such Incremental Term Loans and (z) whether such Incremental Term Loans shall be Incremental Tranche A Term Loans or Incremental Tranche B Loans; provided, that 

  
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 (i) the aggregate principal amount (or committed amount, if applicable) of all Incremental
Term Loans and Incremental Revolving Commitments, together with the aggregate principal amount of any Incremental Equivalent Debt and the outstanding principal amount (or committed amount, if applicable) of any Term Loans or Revolving Commitments,
shall not exceed $1,300,000,000; 
 (ii) immediately prior to and after giving effect to any Incremental Facility Activation
Notice (and the making of any Incremental Term Loans or Incremental Revolving Commitments pursuant thereto), no Event of Default has occurred and is continuing or shall result therefrom; 

(iii) the Borrower shall be in compliance, on a pro forma basis (including giving pro forma effect to any Incremental
Facility Activation Notice (and the making of any Incremental Term Loans and any Incremental Revolving Commitments thereunder (and assuming, in the case of any Incremental Facility Activation Notice with respect to Incremental Revolving Commitments
that such commitments are fully drawn)), with the financial covenants set forth in Section 7.1, recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available; 

(iv) each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true and correct in
all material respects(except that any representation or warranty which is already qualified as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects) immediately prior to and after giving effect to any
Incremental Facility Activation Notice (and the making of any Incremental Term Loans or Incremental Revolving Commitments pursuant thereto), unless stated to relate to a specific earlier date, in which case, such representations and warranties shall
be true and correct in all material respects as of such earlier date; 
 (v) any Incremental Term Loans designated by the
Borrower as Incremental Tranche A Term Loans shall have amortization customary for tranche A term loans; 
 (vi) the weighted
average life to maturity of any Incremental Tranche A Term Facility shall be no earlier than the weighted average life to maturity of the Tranche A Term Facility; 
 (vii) (A) the weighted average life to maturity of any Incremental Tranche B Term Facility shall be no earlier than the weighted average life to maturity of the Tranche B Term Facility and
(B) prior to the final maturity of the Tranche B Term Loans, the aggregate amount of the scheduled principal installments in respect of any Incremental Tranche B Term Loans shall not, for any four consecutive fiscal quarters, exceed 1% of the
aggregate principal amount of such Incremental Term Loans on the date such Loans were first made; 
 (viii) if the total yield
(calculated for both the Incremental Term Loans and the Term Loans, including the upfront fees, any interest rate floors and any OID (as defined below but excluding any arrangement, underwriting, structuring or similar fee paid by the Borrower and
not paid to Lenders generally)) in respect of any Incremental Tranche A Term Loans or Tranche B Term Loans exceeds the total yield for the existing Tranche A Term Loans or existing Tranche B Term Loans, as the case may be, by more than 0.50% (it
being understood that any such increase may take the form of original issue discount (“OID”), with OID being equated to the interest rates in a manner determined by the Administrative Agent based on an assumed four-year life to
maturity), the Applicable Margin for the Tranche A Term Loans or the Tranche B Term Loans, as the case may be, shall be increased so that the total yield in respect of such Incremental Tranche A Term Loans or Incremental Tranche B Term Loans is no
more than 0.50% higher than the total yield for the existing Tranche A Term Loans or Tranche B Term Loans, as the case may be (provided that any increase in yield to any existing Term Loans required due to the application of a Eurocurrency
Rate floor or an ABR floor on any Incremental Term Facility shall be effected solely through an increase in (or implementation of, as applicable) a Eurocurrency Rate floor or ABR floor to the applicable existing Term Loans); 

  
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 (ix) all Incremental Term Loans and any Revolving Loans made in respect of Incremental
Revolving Commitments shall rank pari passu in right of payment and right of security in respect of the Collateral with the Tranche A Term Loans, the Tranche B Term Loans and the Revolving Loans; 

(x) except as set forth in Section 2.25(a)(iii), all terms of any Incremental Term Facility, if not consistent with the applicable
existing Term Facility, shall be reasonably satisfactory to the Administrative Agent; provided that each Incremental Term Facility shall share ratably in any prepayments of the applicable Term Facility unless the Borrower and the lenders in
respect of such Incremental Term Facility elect lesser payments; 
 (xi) (A) any Incremental Revolving Commitments and the
Revolving Loans in respect thereof shall be pursuant to the terms hereof otherwise applicable to the Revolving Facility and such Incremental Revolving Commitments shall become Revolving Commitments under this Agreement after giving effect to such
Incremental Facility Activation Notice; 
 (xii) without the consent of the Administrative Agent, (x) each increase
effected pursuant to this paragraph shall be in a minimum amount of at least $20,000,000 and (y) no more than five Increased Facility Closing Dates may be selected by the Borrower after the Closing Date; and 

(xiii) no Lender shall have any obligation to participate in any increase described in this paragraph unless it agrees to do so in its
sole discretion. 
 (b) Any additional bank, financial institution or other entity which, with the consent of the Borrower and
the Administrative Agent (which consent shall not be unreasonably withheld), elects to become a “Lender” under this Agreement in connection with any transaction described in Section 2.25(a) shall execute a New Lender Supplement (each,
a “New Lender Supplement”), substantially in the form of Exhibit G-3, whereupon such bank, financial institution or other entity (a “New Lender”) shall become a Lender for all purposes and to the same extent as if
originally a party hereto and shall be bound by and entitled to the benefits of this Agreement. 
 (c) Unless otherwise agreed
by the Administrative Agent, on each Increased Facility Closing Date with respect to the Revolving Facility, the Borrower shall borrow Revolving Loans under the relevant increased Revolving Commitments from each Lender participating in the relevant
increase in an amount determined by reference to the amount of each Type of Loan (and, in the case of Eurocurrency Loans, of each Eurocurrency Tranche) which would then have been outstanding from such Lender if (i) each such Type or
Eurocurrency Tranche had been borrowed or effected on such Increased Facility Closing Date and (ii) the aggregate amount of each such Type or Eurocurrency Tranche requested to be so borrowed or effected had been proportionately increased. The
Eurocurrency Rate applicable to any Eurocurrency Loan borrowed pursuant to the preceding sentence shall equal the Eurocurrency Rate then applicable to the Eurocurrency Loans of the other Lenders in the same Eurocurrency Tranche (or, until the
expiration of the then-current Interest Period, such other rate as shall be agreed upon between the Borrower and the relevant Lender. 
 (d) Notwithstanding anything to the contrary in this Agreement, each of the parties hereto hereby agrees that, on each Increased Facility Activation Date, this Agreement shall be amended to the extent
(but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loans evidenced thereby. Any such amendment may be effected in writing by the Administrative Agent and the Borrower and furnished to the other parties
hereto. 

  
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 2.26 Currency Fluctuations 

(a) No later than 11:00 A.M. (London time) on each Calculation Date, the Foreign Currency Agent shall determine the Exchange Rate as of
such Calculation Date with respect to each applicable Foreign Currency, provided that, upon receipt of a borrowing notice pursuant to Section 2.5(b), the Foreign Currency Agent shall determine the Exchange Rate with respect to the
relevant Foreign Currency on the related Calculation Date (it being acknowledged and agreed that the Administrative Agent shall use such Exchange Rate for the purposes of determining compliance with Section 2.4(b) with respect to such borrowing
notice). The Exchange Rates so determined shall become effective on the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date and shall for all purposes of this Agreement (other than
Section 10.15 and any other provision expressly requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any amounts between Dollars and any Foreign Currency. 

(b) No later than 11:00 A.M. (London time) on each Reset Date, the Foreign Currency Agent shall determine the aggregate amount of the
Dollar Equivalents of (i) the principal amounts of the Foreign Currency Loans then outstanding (after giving effect to any Foreign Currency Loans to be made or repaid on such date) and (ii) the L/C Obligations then outstanding in a
currency other than Dollars. 
 (c) The Administrative Agent shall promptly notify the Borrower and the Foreign Currency Lenders
of each determination of an Exchange Rate hereunder. 
 SECTION 3. LETTERS OF CREDIT 

3.1 L/C Commitment. (a) Subject to the terms and conditions hereof, the Issuing Lender, in reliance on the agreements of the
other Revolving Lenders set forth in Section 3.4(a), agrees to issue letters of credit (“Letters of Credit”) for the account of the Borrower or (so long as the Borrower is a co-applicant with respect to any such Letter of
Credit) any of its Restricted Subsidiaries on any Business Day during the Revolving Commitment Period in such form as may be approved from time to time by the Issuing Lender; provided that the Issuing Lender shall have no obligation to issue
any Letter of Credit if, after giving effect to such issuance, (i) the L/C Obligations (including the Dollar Equivalent of any L/C Obligations outstanding in any currency other than Dollars) would exceed the L/C Commitment or (ii) the
aggregate amount of the Available Revolving Commitments would be less than zero. Each Letter of Credit shall (i) be denominated in Dollars or another L/C Foreign Currency and (ii) expire no later than the earlier of (x) the first
anniversary of its date of issuance and (y) the date that is five Business Days prior to the Revolving Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year
periods (which shall in no event extend beyond the date referred to in clause (y) above). 
 (b) The Issuing Lender shall
not at any time be obligated to issue any Letter of Credit if such issuance would conflict with, or cause the Issuing Lender or any L/C Participant to exceed any limits imposed by, any applicable Requirement of Law. 

(c) The parties hereto agree that, on the Closing Date, the Existing Letters of Credit will automatically, without any further action on
the part of any Person, be deemed to be Letters of Credit on the Closing Date for the account of the Borrower. Without limiting the foregoing, on the Closing Date, (i) each such Existing Letter of Credit shall be included in the calculation of
the L/C Obligations, (ii) all liabilities of the Borrower and the other Loan Parties with respect to such Existing Letters of Credit shall constitute Obligations and (iii) each Revolving Lender shall have reimbursement obligations with
respect to such Existing Letters of Credit as provided in Section 3.4. 

  
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 3.2 Procedure for Issuance of Letter of Credit. The Borrower may from time to time
request that the Issuing Lender issue a Letter of Credit by delivering to the Issuing Lender at its address for notices specified herein an Application therefor, completed to the satisfaction of the Issuing Lender, and such other certificates,
documents and other papers and information as the Issuing Lender may reasonably request. Upon receipt of any Application, the Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to
it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested thereby (but in no event shall the Issuing Lender be required to issue any Letter of Credit earlier than three Business
Days after its receipt of the 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 to by the Issuing Lender and the Borrower. The Issuing Lender shall furnish a copy of such Letter of Credit to the Borrower promptly following the issuance thereof. The Issuing Lender shall promptly furnish to the Administrative Agent, which
shall in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit (including the amount thereof). 

3.3 Fees and Other Charges. (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to
the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the
Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.125% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

 (b) In addition to the foregoing fees, the Borrower shall pay or reimburse the Issuing Lender for such normal and customary
costs and expenses as are incurred or charged by the Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit. 
 3.4 L/C Participations. (a) The Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant, and, to induce the Issuing Lender to issue Letters of Credit, each L/C
Participant irrevocably agrees to accept and purchase and hereby accepts and purchases from the Issuing Lender, on the terms and conditions set forth below, for such L/C Participant’s own account and risk an undivided interest equal to such L/C
Participant’s Revolving Percentage in the Issuing Lender’s obligations and rights under and in respect of each Letter of Credit and the amount of each draft paid by the Issuing Lender thereunder. Each L/C Participant agrees with the
Issuing Lender that, if a draft is paid under any Letter of Credit for which the Issuing Lender is not reimbursed in full by the Borrower in accordance with the terms of this Agreement (or in the event that any reimbursement received by the Issuing
Lender shall be required to be returned by it at any time), such L/C Participant shall pay to the Issuing Lender upon demand at the Issuing Lender’s address for notices specified herein an amount equal to such L/C Participant’s Revolving
Percentage of the amount that is not so reimbursed (or is so returned). Each L/C Participant’s obligation to pay such amount 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 L/C Participant 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 Section 5, (iii) any adverse change in the condition (financial or otherwise) of the Borrower, (iv) any breach of this Agreement or any other Loan Document by the
Borrower, any other Loan Party or any other L/C Participant or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing 

  
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 (b) If 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 the Issuing Lender under any Letter of Credit is paid to the Issuing Lender within three Business Days after the date such payment is due, such L/C Participant
shall pay to the Issuing Lender on demand an amount equal to the product of (i) such amount, times (ii) the daily average Federal Funds Effective Rate during the period from and including the date such payment is required to the date on
which such payment is immediately available to the 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. If any such amount required to be paid by
any L/C Participant pursuant to Section 3.4(a) is not made available to the Issuing Lender by such L/C Participant within three Business Days after the date such payment is due, the Issuing Lender shall be entitled to recover from such L/C
Participant, on demand, such amount with interest thereon calculated from such due date at the rate per annum applicable to ABR Loans under the Revolving Facility. A certificate of the Issuing Lender submitted to any L/C Participant with respect to
any amounts owing under this Section shall be conclusive in the absence of manifest error. 
 (c) Whenever, at any time after
the Issuing Lender has made payment under any Letter of Credit and has received from any L/C Participant its pro rata share of such payment in accordance with Section 3.4(a), the Issuing Lender receives any payment related to such Letter
of Credit (whether directly from the Borrower or otherwise, including proceeds of collateral applied thereto by the Issuing Lender), or any payment of interest on account thereof, the Issuing Lender will distribute to such L/C Participant its
pro rata share thereof (it being understood that any such distribution shall be in Dollars and the Issuing Lender shall convert any amounts received by it in a currency other than Dollars into the Dollar Equivalent thereof for purposes
of such distribution); provided, however, that in the event that any such payment received by the Issuing Lender shall be required to be returned by the Issuing Lender, such L/C Participant shall return to the Issuing Lender the
portion thereof previously distributed by the Issuing Lender to it. 
 3.5 Reimbursement Obligation of the Borrower. If
any draft is paid under any Letter of Credit, the Borrower shall reimburse the Issuing Lender for the amount of (a) the draft so paid and (b) any taxes, fees, charges or other costs or expenses incurred by the Issuing Lender in connection
with such payment, not later than 1:00 P.M., Local Time on the Business Day immediately following the day that the Borrower receives such notice. Each such payment shall be made to the Issuing Lender at its address for notices referred to herein in
the same currency as such draft was paid and in immediately available funds. Interest shall be payable on any such amounts from the date on which the relevant draft is paid until payment in full at the rate set forth in (x) until the Business
Day next succeeding the date of the relevant notice, Section 2.15(b) and (y) thereafter, Section 2.15(c). 
 3.6
Obligations Absolute. The Borrower’s obligations under this Section 3 shall be absolute and unconditional under any and all circumstances and irrespective of any setoff, counterclaim or defense to payment that the Borrower may have
or have had against the Issuing Lender, any beneficiary of a Letter of Credit or any other Person. The Borrower also agrees with the Issuing Lender that the Issuing Lender shall not be responsible for, and the Borrower’s Reimbursement
Obligations 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. The Issuing Lender shall not 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, except for errors or
omissions found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of the Issuing Lender. The Borrower agrees that any action taken or omitted by the Issuing
Lender under or in connection with any Letter of Credit 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 the Issuing
Lender to the Borrower. 

  
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 3.7 Letter of Credit Payments. If any draft shall be presented for payment under any
Letter of Credit, the Issuing Lender shall promptly notify the Borrower of the date and amount thereof. The responsibility of the Issuing Lender to the Borrower in connection with any draft presented for payment under any Letter of Credit 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 are substantially in
conformity with such Letter of Credit. 
 3.8 Applications. To the extent that any provision of any Application related
to any Letter of Credit is inconsistent with the provisions of this Section 3, the provisions of this Section 3 shall apply. 
 3.9 Cash Collateralization. If on any date the L/C Obligations (including the Dollar Equivalent of any L/C Obligations outstanding in a currency other than Dollars) exceeds the L/C Commitment, then
the Borrower shall within three Business Days after notice thereof from the Administrative Agent deposit in a cash collateral account opened by the Administrative Agent an amount equal to such excess plus accrued and unpaid interest thereon.

 3.10 Currency Adjustments. (a) Notwithstanding anything to the contrary contained in this Agreement, for purposes
of calculating any fee in respect of any Letter of Credit in respect of any Business Day, the Administrative Agent shall convert the amount available to be drawn under any Letter of Credit denominated in a currency other than Dollars into an amount
of Dollars based upon the Exchange Rate. 
 (b) Notwithstanding anything to the contrary contained in this Section 3, prior
to demanding any reimbursement from the L/C Participants pursuant to subsection 3.4 in respect of any Letter of Credit denominated in a currency other than Dollars, the Issuing Lender shall convert the Borrower’s obligation under subsection 3.4
to reimburse the Issuing Lender in such currency into an obligation to reimburse the Issuing Lender in Dollars. The Dollar amount of the reimbursement obligation of the Borrower and the L/C Participants shall be computed by the Issuing Lender based
upon the Exchange Rate in effect for the day on which such conversion occurs, as determined by the Administrative Agent in accordance with the terms hereof. 
 SECTION 4. REPRESENTATIONS AND WARRANTIES 
 To induce the Administrative Agent and
the Lenders to enter into this Agreement (with respect to the representations and warranties made herein as of the Effective Date) and to make the Loans and issue or participate in the Letters of Credit, the Borrower hereby represents and warrants
to the Administrative Agent and each Lender that (i) as of the Effective Date (subject to the limitations set forth in, and only to the extent required by, Section 5.1(e)) and (ii) as of any other date such representations and
warranties must be made hereunder (but, as of the Closing Date, subject to the limitations set forth in, and only to the extent required by, Section 5.2(f)): 

  
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 4.1 Financial Condition. (a) The unaudited pro forma consolidated
balance sheet of the Borrower and its consolidated Subsidiaries as of and for the twelve-month period ending on the last day (the “Reference Date”) of the most recently completed four-fiscal quarter period ended at least 40 days
prior to the Closing Date (including the notes thereto) and related pro forma consolidated statement of income for the four-fiscal quarter period ended on such date (collectively, the “Pro Forma Financial Statements”), copies of
which have heretofore been furnished to each Lender, has been prepared giving effect (as if such events had occurred on such date (in the case of such balance sheet) or at the beginning of such period (in the case of such statement of income)) to
(i) the consummation of the Acquisition, (ii) the Loans to be made and the Bridge Loans to be made and/or the Senior Unsecured Debt to be issued on the Closing Date and the use of proceeds thereof and (iii) the payment of fees and
expenses in connection with the foregoing. The Pro Forma Financial Statements have been prepared based on the best information available to the Borrower as of the date of delivery thereof, and present fairly on a pro forma basis the
estimated financial position of Borrower and its consolidated Subsidiaries as at the Reference Date, assuming that the events specified in the preceding sentence had actually occurred at such date. 

(b) The audited consolidated balance sheets of the Borrower as at December 31, 2011, and the related consolidated statements of
income, stockholders’ equity and cash flows for the fiscal year ended on such date, reported on by and accompanied by an unqualified report from Ernst & Young, present fairly, in all material respects, the consolidated financial
condition of the Borrower and its Subsidiaries as at such date, and the consolidated results of its operations and its consolidated cash flows for the fiscal year then ended. The unaudited consolidated balance sheet of the Borrower and its
Subsidiaries as at the last day of each fiscal quarter ended at least 40 days prior to the Closing Date and the related unaudited consolidated statements of income and cash flows for the three-month periods ended on such dates, present fairly, in
all material respects, the consolidated financial condition of the Borrower and its Subsidiaries as at such dates, and the consolidated results of its operations and its consolidated cash flows for the three-month periods then ended (subject to
normal year-end audit adjustments). All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the
aforementioned firm of accountants and disclosed therein). 
 (c) As of the Closing Date, no Group Member (other than any
Purchased Subsidiary) has any material Guarantee Obligations, contingent liabilities and liabilities for taxes, or any long-term leases or unusual forward or long-term commitments, including any interest rate or foreign currency swap or exchange
transaction or other obligation in respect of derivatives, that are required to be reflected in financial statements in accordance with GAAP and are not reflected in the most recent financial statements referred to in paragraphs (a) and (b).
During the period from December 31, 2011 to and including the Closing Date there has been no Disposition by any Group Member (other than any Purchased Subsidiary) of any material part of its business or property (other than as permitted by
Section 7.5(b) or otherwise in the ordinary course of business). 
 4.2 No Change. Since December 31, 2011,
after giving effect to the Transactions, there has been no development or event that has had or could reasonably be expected to result in a Material Adverse Effect. 
 4.3 Existence; Compliance with Law. Each Group Member (a) is duly organized, validly existing and in good standing (or, if applicable in a foreign jurisdiction, enjoys the equivalent status
under the laws of any jurisdiction of organization outside the United States) under the laws of the jurisdiction of its organization, (b) has all requisite power and authority, and the legal right, to own and operate its property, to lease the
property it operates as lessee and to conduct the business in which it is currently engaged, (c) is qualified to do business in, and is in good standing (or, if applicable in a foreign jurisdiction, enjoys the equivalent status under the laws
of any jurisdiction of organization outside the United States) in, every jurisdiction where such qualification is required, and (d) is in compliance with all Requirements of Law and its Contractual Obligations except, in each case (other than
with respect to the Borrower in connection with clause (a) above) to the extent that the failure to comply therewith could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. 

  
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 4.4 Power; Authorization; Enforceable Obligations. The Transactions are within each
Loan Party’s corporate powers and have been duly authorized by all necessary corporate, stockholder, and shareholder action. As of (i) the Effective Date, each Loan Document dated as of the Effective Date, (ii) the Closing Date, each
Loan Document dated on or prior to the Closing Date and (iii) any date after the Closing Date on which the representations or warranties in this Section 4.4 are made, each Loan Document dated on or prior to such date, has, in each case,
been duly executed and delivered by each Loan Party party thereto and, assuming due execution and delivery by all parties other than the Loan Parties, constitutes a legal, valid and binding obligation of each Loan Party party thereto, enforceable in
accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a
proceeding in equity or at law. As of the Closing Date, the Transactions do not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except (i) such as have been obtained or made
and are in full force and effect and (ii) the filings referred to in Section 4.19. 
 4.5 No Legal Bar. The
execution, delivery and performance of this Agreement and the other Loan Documents, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof (a) will not violate any Requirement of Law or any Contractual
Obligation of any Group Member and (b) will not result in, or require, the creation or imposition of any Lien on any of their respective properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation (other than
the Liens created by the Security Documents), except to the extent such violation or Lien, could not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

4.6 Litigation. There are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending against
or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any of its Restricted Subsidiaries (i) that could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or
(ii) as of the date of this Agreement, that involve this Agreement. 
 4.7 No Default. No Default or Event of
Default has occurred and is continuing. 
 4.8 Ownership of Property; Liens. Each of the Borrower and its Restricted
Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except where such failure to have good title or valid leasehold interests could not reasonably be expected, individually or
in the aggregate, to result in a Material Adverse Effect. None of the assets of the Borrower or any of its Restricted Subsidiaries is subject to any Lien other than Liens permitted under Section 7.3. 

4.9 Intellectual Property. Except as could not reasonably be expected, individually or in the aggregate, to result in a Material
Adverse Effect, each Group Member owns, or has license or other valid and enforceable rights to use all Intellectual Property necessary for the conduct of its business as currently conducted; no material claim has been asserted and is pending by any
Person challenging or questioning the use of any Intellectual Property or the validity or effectiveness of any Intellectual Property, nor does the Borrower know of any valid basis for any such claim and the use of Intellectual Property by each Group
Member does not infringe on the rights of any Person in any material respect. 

  
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 4.10 Taxes. Except as could not reasonably be expected, individually or in the
aggregate, to result in a Material Adverse Effect, each Group Member has filed or caused to be filed all Federal, state and other Tax returns that are required to be filed and has paid all Taxes shown to be due and payable on said returns or on any
assessments made against it or any of its property and all other Taxes imposed on it or any of its property by any Governmental Authority to the extent such Taxes have become due and payable (other than any the amount or validity of which are
currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided on the books of the relevant Group Member); no Tax Lien has been filed, and, to the knowledge of the
Borrower, no claim is being asserted, with respect to any such Tax that could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. 
 4.11 Federal Regulations. No part of the proceeds of any Loans, and no other extensions of credit hereunder, will be used (a) for “buying” or “carrying” any “margin
stock” within the respective meanings of each of the quoted terms under Regulation U as now and from time to time hereafter in effect for any purpose that violates the provisions of the Regulations of the Board or (b) for any purpose that
violates the provisions of the Regulations of the Board. No more than 25% of the assets of the Group Members consist of “margin stock” as so defined. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the
Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1, as applicable, referred to in Regulation U. 

4.12 Labor Matters. Except as, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse
Effect: (a) there are no strikes or other labor disputes against any Group Member pending or, to the knowledge of the Borrower, threatened; (b) hours worked by and payment made to employees of each Group Member have not been in violation
of the Fair Labor Standards Act or any other applicable Requirement of Law dealing with such matters; and (c) all payments due from any Group Member on account of employee health and welfare insurance have been paid or accrued as a liability on
the books of the relevant Group Member to the extent required by GAAP. 
 4.13 ERISA. Except as could not reasonably be
expected, individually or in the aggregate, to result in a Material Adverse Effect: (a) each Group Member and each of their respective ERISA Affiliates is in compliance with the applicable provisions of ERISA and the provisions of the Code
relating to Plans or Foreign Plans and the regulations and published interpretations thereunder; and (b) no ERISA Event or Foreign Plan Event has occurred or is reasonably expected to occur. Except as set forth on Schedule 4.13, the present
value of all accumulated benefit obligations under each Pension Plan (based on the assumptions used for purposes of Accounting Standards Codification No. 715: Compensation-Retirement Benefits) did not, as of the date of the most recent
financial statements reflecting such amounts, exceed the fair market value of the assets of such Pension Plan allocable to such accrued benefits by an amount that could reasonably be expected to have a Material Adverse Effect, and the present value
of all accumulated benefit obligations of all underfunded Pension Plans (based on the assumptions used for purposes of Accounting Standards Codification No. 715: Compensation-Retirement Benefits) did not, as of the date of the most recent
financial statements reflecting such amounts, exceed the fair market value of the assets of all such underfunded Pension Plans by an amount that could reasonably be expected to have a Material Adverse Effect. 

4.14 Investment Company Act; Other Regulations. No Loan Party is an “investment company”, or a company
“controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended. 

  
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 4.15 Subsidiaries. As of the Closing Date, (a) Schedule 4.15(a)(i) sets forth
the name and jurisdiction of incorporation of each Restricted Subsidiary and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party and Schedule 4.15(a)(ii) sets forth the name and jurisdiction of each
Unrestricted Subsidiary and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party and (b) other than as set forth on Schedule 4.15(b), there are no outstanding subscriptions, options, warrants,
calls, rights or other agreements or commitments (other than stock options granted to employees or directors and directors’ qualifying shares) of any nature relating to any Capital Stock of the Borrower or any Restricted Subsidiary, except as
created by the Loan Documents. 
 4.16 Use of Proceeds. The proceeds of the Term Loans shall be used to finance a portion
of the Acquisition and to pay related fees and expenses. The proceeds of the Revolving Loans shall be used, to the extent permitted hereby, to finance a portion of the Acquisition and to pay related fees and expenses, and after the Closing Date for
general corporate purposes. The proceeds of the Swingline Loans and the Letters of Credit shall be used for general corporate purposes. The proceeds of any Incremental Term Loans and Revolving Loans made in respect of any Incremental Revolving
Commitments shall be used for general corporate purposes. 
 4.17 Environmental Matters. Except as, individually or in
the aggregate, could not reasonably be expected to result in a Material Adverse Effect: 
 (a) the facilities and properties
owned, leased or operated by any Group Member (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations or under circumstances that constitute or
constituted a violation of, or could give rise to liability under, any Environmental Law; 
 (b) no Group Member has received or
is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by any Group
Member (the “Business”), nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened; 
 (c) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location that could give rise to liability under, any
Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could give rise to liability under, any applicable
Environmental Law; 
 (d) no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the
Borrower, threatened, under any Environmental Law to which any Group Member is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or
other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business; 
 (e) there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of any Group Member in connection with the
Properties or otherwise in connection with the Business, in violation of or in amounts or in a manner that could give rise to liability under Environmental Laws; 
 (f) the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination at,
under or about the Properties or violation of any Environmental Law with respect to the Properties or the Business; and 

  
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 (g) no Group Member has assumed any liability of any other Person under Environmental Laws.

 4.18 Accuracy of Information, etc. No statement or information (to the extent this representation is made as of the
Closing Date, with respect to any information relating to the Target and its Subsidiaries, to the Borrower’s knowledge), other than projections, pro forma financial statements, forward-looking statements, estimates with respect to future
performance and information of a general economic or industry specific nature, contained in this Agreement, any other Loan Document, the Confidential Information Memorandum or any other document, certificate or statement furnished by or on behalf of
any Loan Party to the Administrative Agent or the Lenders, or any of them, for use in connection with the transactions contemplated by this Agreement or the other Loan Documents, contained as of the date such statement, information, document or
certificate was so furnished (or, in the case of the Confidential Information Memorandum (as supplemented), as of the date of this Agreement), any untrue statement of a material fact or omitted to state a material fact necessary to make the
statements contained herein or therein, taken as a whole, not misleading in light of the circumstances under which such statements were made (giving effect to all supplements thereto). The projections, pro forma financial information,
forward-looking statements and estimates with respect to future performance contained in the materials referenced above are based upon good faith estimates and assumptions believed by management of the Borrower to be reasonable at the time made, it
being recognized by the Lenders that such financial information as it relates to future events is not to be viewed as fact and that actual results during the period or periods covered by such financial information may differ from the projected
results set forth therein by a material amount. 
 4.19 Security Documents. (a) The Guarantee and Collateral
Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Lenders, a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. In the case of the Pledged Stock
described in the Guarantee and Collateral Agreement, when stock certificates representing such Pledged Stock are delivered to the Administrative Agent (together with a properly completed and signed stock power or endorsement), in the case of Deposit
Accounts, when Deposit Account Control Agreements are entered into by the Administrative Agent, in the case of Securities Accounts, when Securities Account Control Agreements are entered into by the Administrative Agent, and in the case of the other
Collateral described in the Guarantee and Collateral Agreement, when financing statements and other filings specified on Schedule 4.19(a) in appropriate form are filed in the offices specified on Schedule 4.19(a), the Administrative Agent shall
have a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and the proceeds thereof, as security for the Obligations (as defined in the Guarantee and Collateral Agreement), in each
case to the extent security interests in such Collateral can be perfected by delivery of such Pledged Stock, the execution of Deposit Account Control Agreements, the execution of Securities Account Control Agreements or the filing of financing
statements, as applicable, in each case prior and superior in right to any other Person (except, in the case of Collateral other than Pledged Stock, Liens permitted by Section 7.3). 

(b) Each of the Mortgages is effective to create in favor of the Administrative Agent, for the benefit of the Lenders, a legal, valid and
enforceable Lien on the Mortgaged Properties described therein and proceeds thereof, and when the Mortgages are filed in the offices specified on Schedule 4.19(b), each such Mortgage shall constitute a fully perfected Lien on, and security
interest in, all right, title and interest of the Loan Parties in the Mortgaged Properties and the proceeds thereof, as security for the Obligations (as defined in the relevant Mortgage), of first priority, subject only to Liens permitted by
Section 7.3. Schedule 1.1B lists, as of the Closing Date, each parcel of owned real property located in the United States and held by the Borrower or any of its Restricted Subsidiaries that has an assessed taxable value in excess of
$10,000,000. 

  
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 4.20 Solvency. The Borrower and the Loan Parties are, on a consolidated basis, and
after giving effect to the Acquisition and the incurrence of all Indebtedness and obligations being incurred in connection herewith and therewith, Solvent. 
 4.21 Certain Documents. As of any date, the Borrower has delivered to the Administrative Agent a complete and correct copy of the Acquisition Documentation and the Bridge Credit Agreement and/or
the Senior Unsecured Debt Agreement, as applicable, entered into prior to such date, including any amendments, supplements or modifications with respect to any of the foregoing. 

4.22 OFAC; Anti-Money Laundering; Patriot Act. (a) No Group Member is (i) a Person whose property or interest in
property is blocked or subject to blocking pursuant to Section 1 of Executive Order 13224 of September 23, 2001 Blocking Party and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed.
Reg. 49079 (2001)), (ii) a Person who engages in any dealings or transactions prohibited by Section 2 of such executive order, or is otherwise associated with any such Person in any manner violative of Section 2, or (iii) a
Person on the list of Specially Designated Nationals and Blocked Persons or subject to the limitations or prohibitions under any other U.S. Department of Treasury’s Office of Foreign Assets Control regulation or executive order. 

(b) No part of the proceeds of the Loans will be used, directly or indirectly, for any payments to any governmental official or employee,
political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign
Corrupt Practices Act of 1977, as amended.
 (c) Each Group Member is in compliance, in all material respects, with the Patriot
Act. 
 4.23 Regulation H. No Mortgage encumbers improved real property that is located in an area that has been
identified by the Secretary of Housing and Urban Development as an area having special flood hazards and in which flood insurance has been made available under the National Flood Insurance Act of 1968. 

SECTION 5. CONDITIONS PRECEDENT 
 5.1 Conditions to Effective Date. This Agreement shall become effective on the first date (the “Effective Date”) on which the following conditions precedent are satisfied; provided
that the Effective Date is on or prior to February 1, 2013: 
 (a) Credit Agreement. The
Administrative Agent shall have received this Agreement, executed and delivered by the Administrative Agent, the Borrower and each Person listed on Schedule 1.1A. 

(b) Fees. The Administrative Agent shall have received reimbursement for all reasonable expenses payable to it
hereunder for which invoices have been presented (including the reasonable fees and expenses of legal counsel), on or before the Effective Date. 
 (c) Know Your Customer Information. The Administrative Agent shall have received, at least five days prior to the Effective Date, all documentation and other information about the Borrower as has
been reasonably requested in writing at least 10 days prior to the Effective Date by the Administrative Agent, in each case as the Administrative Agent reasonably determines is required by regulatory authorities under applicable “know your
customer” and anti-money laundering rules and regulations, including the Patriot Act. 

  
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 (d) Borrower Certificate; Certified Certificate of Incorporation; Good
Standing Certificates. The Administrative Agent shall have received (i) a certificate of the Borrower, dated the Effective Date, substantially in the form of Exhibit C, with appropriate insertions and attachments, including the certificate
of incorporation of the Borrower certified by the relevant authority of the jurisdiction of organization of the Borrower, and (ii) a long form good standing certificate for the Borrower from its jurisdiction of organization. 

(e) Representations and Warranties. Each of the following representations and warranties made by the Borrower in
this Agreement shall be true and correct in all material respects as of the Effective Date and in each case solely with respect to the Borrower: Sections 4.3(a), 4.4 (other than the last sentence thereof and, in each case, solely with respect to the
Credit Agreement), 4.5(a) (solely with respect to (i) material Requirements of Law, (ii) the entering into and performance of the Credit Agreement and (iii) in respect of organizational documents, without giving effect to the Material
Adverse Effect qualifier (it being understood that the Material Adverse Effect qualifier shall apply to all other Requirements of Law), 4.14 and 4.22(c). 
 For the purpose of determining compliance with the conditions specified in this Section 5.1, each Lender that has signed this Agreement shall be deemed to have accepted, and to be satisfied with,
each document or other matter required under this Section 5.1 unless the Administrative Agent shall have received written notice from such Lender prior to the proposed Effective Date specifying its objection thereto. 

5.2 Conditions to Initial Extension of Credit. The agreement of each Lender to make the initial extension of credit requested to
be made by it is subject to the satisfaction, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent on or prior to February 1, 2013: 

(a) Guarantee and Collateral Agreement. The Administrative Agent shall have received (i) the Guarantee and
Collateral Agreement, executed and delivered by the Borrower and each Subsidiary Guarantor and (ii) an Acknowledgement and Consent in the form attached to the Guarantee and Collateral Agreement, executed and delivered by each Issuer (as defined
therein), if any, that is not a Loan Party. 
 (b) Acquisition, etc. The following transactions shall
have been (or, substantially concurrently with the initial extensions of credit hereunder, shall be) consummated: 
 (i) The Borrower shall acquire, pursuant to the Acquisition Agreement and a subsequent carveout transaction effected pursuant to the Carveout Purchase Agreement, the Target (the
“Acquisition”) in accordance with the Acquisition Documentation, and no provision of the Acquisition Documentation shall have been amended or waived, and no consent shall have been given thereunder, in any manner materially adverse
to the interests of the Arrangers or the Lenders without the prior written consent of the Arrangers (not to be unreasonably withheld or delayed); 
 (ii) the Borrower shall have received $375,000,000 in gross cash proceeds from the issuance of the Bridge Loans and/or the Senior Unsecured Debt; and 

(iii) the Administrative Agent shall have received evidence reasonably satisfactory to it that after giving effect to the
Transactions, neither the Borrower nor any of its Subsidiaries shall have any material Indebtedness for borrowed money other than the Loans made hereunder, the Existing Letters of Credit deemed issued hereunder, the Senior Unsecured Debt and/or
Bridge Loans, any Indebtedness permitted under the Acquisition Agreement to be incurred by the Purchased Subsidiaries prior to the Closing Date and other Indebtedness in an aggregate outstanding principal amount not to exceed $5,000,000. 

  
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 (c) Pro Forma Financial Statements; Financial Statements. The Lenders
shall have received (i) the Pro Forma Financial Statements, (ii) the audited consolidated balance sheets and related statements of income, stockholders’ equity and cash flows of Collective for the most recently completed fiscal year
ended at least 90 days prior to the Closing Date and (iii) the unaudited consolidated balance sheet of the Purchased Subsidiaries as at the last day of each fiscal quarter of Collective ended at least 45 days prior to the Closing Date and the
related unaudited consolidated statements of income and cash flows for the three-month periods ended on such dates. 
 (d) Company Material Adverse Effect. (i) Except as set forth in the Company SEC Reports (as defined in the Acquisition Agreement) filed or furnished by Collective with the Securities and
Exchange Commission on or after January 28, 2009 and prior to the date of the Acquisition Agreement (excluding, in each case, any risk factor disclosures set forth under the heading “Risk Factors” and any disclosure of risks that are
predictive or forward-looking in nature (“Excluded Disclosure”)) or in the Company Disclosure Letter (as defined in the Acquisition Agreement) (to the extent the relevance of such item to the determination of a Company Material
Adverse Effect is reasonably apparent), since January 28, 2012 through the date of the Acquisition Agreement, there has not been any Company Material Adverse Effect and (ii) except as disclosed in any Company SEC Reports filed after
January 28, 2009 and prior to the date of the Acquisition Agreement (excluding any Excluded Disclosure) or in the Company Disclosure Letter, since the date of the Acquisition Agreement, there shall not have occurred any Company Material Adverse
Effect that remains in effect. 
 (e) Acquisition Agreement Representations. All of the Acquisition
Agreement Representations shall be true and correct in all material respects on and as of the Closing Date as if made on and as of the Closing Date (unless stated to relate to a specific earlier date, in which case, such representations and
warranties shall be true and correct in all material respects as of such earlier date).
 (f) Representations
and Warranties. Each of the representations and warranties made by any Loan Party in the Loan Documents shall be true and correct in all material respects; provided that the only representations and warranties the truth or accuracy of
which in all material respects shall be a condition to the agreement of each Lender to make extensions of credit on the Closing Date shall be the representations and warranties set forth in Sections 4.3(a), 4.4 (other than the last sentence thereof
and, in each case, solely with respect to the Loan Documents), 4.5(a) (solely with respect to (i) material Requirements of Law, (ii) the entering into and performance of the Loan Documents and (iii) in respect of organizational
documents, without giving effect to the Material Adverse Effect qualifier (it being understood that the Material Adverse Effect qualifier shall apply to all other Requirements of Law), 4.11, 4.14, 4.19 (but only as it applies to certificated Capital
Stock of Wholly Owned Subsidiaries that are Domestic Subsidiaries and material assets located in any state of the United States, Puerto Rico or the District of Columbia with respect to which a Lien may be perfected solely by the filing of a
financing statement under the Uniform Commercial Code), 4.20 and 4.22(c). 
 (g) Fees. The Lenders and
the Administrative Agent shall have received all fees required to be paid by the Borrower as of the Closing Date as set forth in a writing signed by the Borrower, and all expenses for which invoices have been presented (including the reasonable fees
and expenses of legal counsel), on or before the Closing Date. All such amounts will be paid with proceeds of Loans made on the Closing Date and will be reflected in the funding instructions given by the Borrower to the Administrative Agent on or
before the Closing Date. 

  
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 (h) Closing Certificate; Certified Certificate of Incorporation; Good
Standing Certificates. The Administrative Agent shall have received (i) a certificate of each Loan Party, dated the Closing Date, substantially in the form of Exhibit C, with appropriate insertions and attachments, including the certificate
of incorporation of each Loan Party that is a corporation certified by the relevant authority of the jurisdiction of organization of such Loan Party, and (ii) a long form good standing certificate for each Loan Party from its jurisdiction of
organization. 
 (i) Legal Opinions. The Administrative Agent shall have received an executed legal
opinion of Gibson, Dunn & Crutcher LLP and each other counsel to the Loan Parties reasonably requested by the Administrative Agent, in each case in form and substance reasonably satisfactory to the Administrative Agent. 

(j) Pledged Stock; Stock Powers; Pledged Notes. The Administrative Agent shall have received (i) the
certificates representing the shares of Capital Stock pledged pursuant to the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof
and (ii) each promissory note (if any) pledged to the Administrative Agent pursuant to the Guarantee and Collateral Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof;
provided that if, notwithstanding the use by the Loan Parties of commercially reasonable efforts to deliver to the Administrative Agent the certificates and undated stock powers required by clause (i) and the promissory notes and related
transfer forms required by clause (ii), such certificates, stock powers, promissory notes and/or transfer forms are not delivered as of the Closing Date, delivery of such items (other than any certificates representing the shares of Capital Stock of
any Wholly Owned Subsidiaries that are Domestic Subsidiaries) shall not be a condition to the agreement of each Lender to make the initial extension of credit requested to be made by it (but shall be required to be satisfied in accordance with
Section 6.12(a)). 
 (k) Filings, Registrations and Recordings. Each document (including any Uniform
Commercial Code financing statement) required by the Security Documents or under law or reasonably requested by the Administrative Agent to be filed, registered or recorded in order to create in favor of the Administrative Agent, for the
benefit of the Lenders, a perfected Lien on the Collateral described therein, prior and superior in right to any other Person (other than with respect to Liens expressly permitted by Section 7.3), shall be in proper form for filing,
registration or recordation; provided that if, notwithstanding the use by the Loan Parties of commercially reasonable efforts to satisfy the requirement set forth in this Section 5.2(k), such requirement is not satisfied as of the
Closing Date, the satisfaction of such requirement (other than with respect to the filing of any Uniform Commercial Code financing statement) shall not be a condition to the agreement of each Lender to make the initial extension of credit requested
to be made by it (but shall be required to be satisfied in accordance with Section 6.12(a)). 
 (l)
Mortgages, etc. The Administrative Agent shall have received a Mortgage with respect to each Mortgaged Property, executed and delivered by a duly authorized officer of each party thereto; provided that if, notwithstanding the use by
the Loan Parties of commercially reasonable efforts to satisfy the requirement set forth in this Section 5.2(l), such requirement is not satisfied as of the Closing Date, the satisfaction of such requirement shall not be a condition to the
agreement of each Lender to make the initial extension of credit requested to be made by it (but shall be required to be satisfied in accordance with Section 6.12(a)). 

  
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 (m) Solvency Certificate. The Administrative Agent shall have
received a solvency certificate from the chief financial officer of the Borrower, which solvency certificate shall be in form and substance reasonably satisfactory to the Administrative Agent (it being understood and agreed that the form attached to
the Commitment Letter, dated as of May 1, 2012, shall be deemed satisfactory to the Administrative Agent). 

(n) Know Your Customer Information. The Administrative Agent shall have received, at least five days prior to the
Closing Date, all documentation and other information about the Loan Parties as has been reasonably requested in writing at least 10 days prior to the Closing Date by the Administrative Agent, in each case as the Administrative Agent reasonably
determines is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act. 
 For the purpose of determining compliance with the conditions specified in this Section 5.2, each Lender that has signed this Agreement shall be deemed to have accepted, and to be satisfied with,
each document or other matter required under this Section 5.2 unless the Administrative Agent shall have received written notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 

5.3 Conditions to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by
it on any date (excluding its initial extension of credit on the Closing Date) is subject to the satisfaction of the following conditions precedent: 
 (a) Representations and Warranties. Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true and correct in all material respects (except
that any representation or warranty which is already qualified as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects) on and as of such date as if made on and as of such date, except to the extent
such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date. 

(b) No Default. No Default or Event of Default shall have occurred and be continuing on such date or after giving
effect to the extensions of credit requested to be made on such date. 
 Each borrowing by and issuance of a Letter of Credit on behalf of the
Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 5.3 have been satisfied. 

SECTION 6. AFFIRMATIVE COVENANTS 
 The Borrower hereby agrees that, at any time on or after the Closing Date, so long as the Commitments remain in effect, any Letter of Credit remains outstanding or any Loan or other amount (other than
contingent indemnification obligations) is owing to any Lender or the Administrative Agent hereunder, the Borrower shall and shall cause each of its Restricted Subsidiaries to: 

6.1 Financial Statements. Furnish to the Administrative Agent (for distribution to the Lenders): 

(a) as soon as available, but in any event within the later of (i) 90 days after the end of each fiscal year of
the Borrower and (ii) the date of required delivery to the SEC after giving effect to any permitted extensions of time (but in any event no later than 105 days after the end of each fiscal year of the Borrower), (x) a copy of the audited
consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at the end of such year and the related audited consolidated statements of income, stockholders’ equity and cash flows for such year, setting forth in each case in
comparative form the figures for the previous year, reported on without a “going concern” or like qualification or exception (other than with respect to, or resulting solely from an upcoming maturity date under any Facility occurring
within one year from the time such opinion is delivered), or qualification arising out of the scope of the audit, by Ernst & Young LLP or other independent certified public accountants of nationally recognized standing and (y) a
detailed reconciliation, reflecting such financial information for the Borrower and the Restricted Subsidiaries for the applicable period, on the one hand, and the Borrower and the Subsidiaries for the applicable period, on the other hand, and
reflecting adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such consolidated financial statements, prepared in accordance with GAAP and in form reasonably satisfactory to the Administrative Agent; and

  
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 (b) as soon as available, but in any event not later than the later of
(i) 45 days after the end of each of the first three quarterly periods of each fiscal year of the Borrower and (ii) the date of required delivery to the SEC after giving effect to any permitted extensions of time (but in any event no later
than 50 days after the end of each of the first three quarterly periods of each fiscal year of the Borrower), (x) the unaudited consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at the end of such quarter and the
related unaudited consolidated statements of income and of cash flows for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case in comparative form the figures for the previous year, certified by
a Responsible Officer as being fairly stated in all material respects (subject to normal year-end audit adjustments and the absence of footnotes) and (y) a detailed reconciliation, reflecting such financial information for the Borrower and the
Restricted Subsidiaries for the applicable period, on the one hand, and the Borrower and the Subsidiaries for the applicable period, on the other hand, and reflecting adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if
any) from such consolidated financial statements, prepared in accordance with GAAP and in form reasonably satisfactory to the Administrative Agent. 
 All such financial statements shall be complete and correct in all material respects and shall be prepared in reasonable detail and in accordance with GAAP applied (except as approved by such accountants
or officer, as the case may be) consistently throughout the periods reflected therein and with prior periods. 
 Information required to be
delivered pursuant to this Section 6.1 shall be deemed to have been delivered if such information, or one or more annual or quarterly reports containing such information, shall have been posted by the Administrative Agent on an IntraLinks or
similar site to which the Lenders have been granted access or such reports shall be available on the website of the SEC at http://www.sec.gov or on the Borrower’s website at http://www.wolverineworldwide.com. Information required to be
delivered pursuant to this Section may also be delivered by electronic communications pursuant to procedures approved by the Administrative Agent. 
 6.2 Certificates; Other Information. Furnish to the Administrative Agent (for distribution to the Lenders) (or, in the case of clause (g), to the relevant Lender): 

(a) concurrently with the delivery of the financial statements referred to in Section 6.1(a), a certificate of the
independent certified public accountants reporting on such financial statements stating that in making the examination necessary therefor no knowledge was obtained of any Default or Event of Default pursuant to Section 7.1, except as specified
in such certificate; 

  
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 (b) concurrently with the delivery of any financial statements pursuant to
Section 6.1, (i) a certificate of a Responsible Officer stating that, to the best of each such Responsible Officer’s knowledge, each Loan Party during such period has observed or performed all of its covenants and other agreements,
and satisfied every condition contained in this Agreement and the other Loan Documents to which it is a party to be observed, performed or satisfied by it, and that such Responsible Officer has obtained no knowledge of any Default or Event of
Default except as specified in such certificate and (ii) in the case of quarterly or annual financial statements, (x) a Compliance Certificate containing all information and calculations necessary for determining compliance by each Group
Member with the provisions of this Agreement referred to therein as of the last day of the fiscal quarter or fiscal year of the Borrower, as the case may be, and (y) to the extent not previously disclosed to the Administrative Agent, (1) a
description of any change in the jurisdiction of organization of any Loan Party, (2) a list of any registered or applied for Intellectual Property acquired by any Loan Party and (3) a description of any Person that has become a Group
Member, in each case since the date of the most recent report delivered pursuant to this clause (y) (or, in the case of the first such report so delivered, since the Closing Date); 

(c) as soon as available, and in any event no later than 90 days after the end of each fiscal year of the Borrower, a
detailed consolidated budget for the following fiscal year (including a projected consolidated balance sheet of the Borrower and its Subsidiaries as of the end of the following fiscal year, the related consolidated statements of projected cash flow
and projected income and a description of the underlying assumptions applicable thereto), and, as soon as available, significant revisions, if any, of such budget and projections with respect to such fiscal year (collectively, the
“Projections”), which Projections shall in each case be accompanied by a certificate of a Responsible Officer stating that such Projections are based on reasonable estimates, information and assumptions and that such Responsible
Officer has no reason to believe that such Projections are incorrect or misleading in any material respect; 

(d) no later than five Business Days prior to the effectiveness thereof, copies of substantially final drafts of any
proposed amendment, supplement, waiver or other modification with respect to the Bridge Credit Agreement, the Senior Unsecured Debt Agreement or the Acquisition Documentation; 

(e) within five days after the same are sent, copies of all financial statements and reports that the Borrower sends to
the holders of any class of its debt securities or public equity securities and, within five days after the same are filed, copies of all financial statements and reports that the Borrower may make to, or file with, the SEC or any national
securities exchange; 
 (f) promptly following receipt thereof, copies of (i) any documents described in
Section 101(k) or 101(l) of ERISA that any Group Member or any ERISA Affiliate may request with respect to any Multiemployer Plan; provided, that if the relevant Group Members or ERISA Affiliates have not requested such documents or
notices from the administrator or sponsor of the applicable Multiemployer Plans, then, upon reasonable request of the Administrative Agent, such Group Member or the ERISA Affiliate shall promptly make a request for such documents or notices from
such administrator or sponsor and the Borrower shall provide copies of such documents and notices to the Administrative Agent promptly after receipt thereof; and 

(g) promptly, such additional financial and other information as any Lender may from time to time reasonably request.

  
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 Information required to be delivered pursuant to this Section 6.2 shall be deemed to have been
delivered if such information, or one or more annual or quarterly reports containing such information, shall have been posted by the Administrative Agent on an IntraLinks or similar site to which the Lenders have been granted access or such reports
shall be available on the website of the SEC at http://www.sec.gov or on the Borrower’s website at http://www.wolverineworldwide.com. Information required to be delivered pursuant to this Section may also be delivered by electronic
communications pursuant to procedures approved by the Administrative Agent. 
 6.3 Payment of Taxes. Pay its Tax
liabilities, that, if not paid, could reasonably be expected to result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a) the validity or amount thereof is being contested in good faith by
appropriate proceedings and (b) the Borrower or such Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP. 
 6.4 Maintenance of Existence; Compliance. (a)(i) Preserve, renew and keep in full force and effect its organizational existence and (ii) take all reasonable action to maintain all rights,
privileges and franchises necessary or desirable in the normal conduct of its business, except, in each case, as otherwise permitted by Section 7.4 and except, in each case (other than with respect to the Borrower in connection with clause
(a)(i) above) to the extent that failure to do so could not reasonably be expected to result in a Material Adverse Effect; and (b) comply with all Requirements of Law except to the extent that failure to comply therewith could not, individually
or in the aggregate, reasonably be expected to result in a Material Adverse Effect. 
 6.5 Maintenance of Property;
Insurance. Except, in each case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, (a) keep and maintain all property material to the conduct of its
business in good working order and condition (except for disposition of assets permitted under this Agreement and ordinary wear and tear) and (b) maintain with financially sound and reputable insurance companies insurance in such amounts and
against such risks (but including in any event public liability, product liability and business interruption) as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations.

 6.6 Inspection of Property; Books and Records; Discussions. (a) Keep proper books of records and account in which
entries (i) that are full, true and correct in all material respects and (ii) are in conformity in all material respects with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation to its business and
activities and (b) permit representatives of the Administrative Agent, upon reasonable prior notice during normal business hours, to visit and inspect any of its properties and examine and make abstracts from any of its books and records (other
than, in each case, any privileged materials) at any reasonable time and to discuss the business, operations, properties and financial and other condition of the Group Members with officers and employees of the Group Members and with their
independent certified public accountants (it being understood that, in the case of any such meetings or advice from such independent accountants, the Borrower shall be deemed to have satisfied its obligations under this Section 6.6 to the
extent that it has used commercially reasonable efforts to cause its independent accountants to participate in any such meeting). 
 6.7 Notices. Promptly give notice to the Administrative Agent (for delivery to the Lenders) of: 
 (a) the occurrence of any Default or Event of Default; 
 (b) any
(i) default or event of default under any Contractual Obligation of any Group Member or (ii) litigation, investigation or proceeding that may exist at any time between any Group Member and any Governmental Authority, that in either case
could reasonably be expected to result in a Material Adverse Effect; 

  
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 (c) any litigation or proceeding affecting any Group Member (i) in
which the amount involved is $10,000,000 or more and not covered by insurance, (ii) in which injunctive or similar relief is sought or (iii) which relates to any Loan Document; 

(d) the occurrence of any ERISA Event or Foreign Plan Event that, alone or together with any other ERISA Events and/or
Foreign Plan Events that have occurred, could reasonably be expected to result in liability of any Group Member or any ERISA Affiliate in an aggregate amount exceeding $5,000,000, as soon as possible and in any event within 10 days after the
Borrower knows thereof; and 
 (e) any development or event that has had or could reasonably be expected to
result in a Material Adverse Effect. 
 Each notice pursuant to this Section 6.7 shall be accompanied by a statement of a Responsible
Officer setting forth details of the occurrence referred to therein and stating what action the relevant Group Member proposes to take with respect thereto. 
 6.8 Environmental Laws. (a) Comply in all material respects with, and use commercially reasonable efforts to ensure compliance in all material respects by all tenants and subtenants, if any, with,
all applicable Environmental Laws, and obtain and comply in all material respects with and maintain, and use commercially reasonable efforts to ensure that all tenants and subtenants obtain and comply in all material respects with and maintain, any
and all licenses, approvals, notifications, registrations or permits required by applicable Environmental Laws. 
 (b) Conduct
and complete in all material respects all investigations, studies, sampling and testing, and all remedial, removal and other actions required under Environmental Laws and promptly comply in all material respects with all lawful orders and directives
of all Governmental Authorities regarding Environmental Laws, other than such orders and directives as to which an appeal has been timely and properly taken in good faith. 
 (c) Any breach of any covenant in this Section 6.8 by the Borrower or any Subsidiary in the observance or performance of its obligations contained in Section 6.8(a) or (b) shall not be
deemed to be a default or an Event of Default as specified in Section 8(d) so long as (i) such breach, individually or in the aggregate with all other breaches in respect of Section 6.8(a) or (b), could not reasonably be expected to
result in a Material Adverse Effect and (ii) the Borrower undertakes a prompt response that is diligently pursued, consistent with principles of prudent environmental management and all applicable Environmental Laws, to any facts, conditions,
events or circumstances that what would otherwise be a breach of any covenant in this Section 6.8. 
 6.9 Interest Rate
Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into, and thereafter maintain, Swap Agreements to the extent necessary to provide that at least 50% of the aggregate principal amount of the Term Loans and the
Senior Unsecured Debt are subject to either a fixed interest rate or interest rate protection for a period of not less than three years, copies of which Swap Agreements shall promptly be delivered to the Administrative Agent. 

6.10 Additional Collateral, etc. (a) With respect to any property acquired after the Closing Date by any Loan Party (other
than (x) Excluded Collateral, (y) any property described in paragraph (b), (c) or (d) below and (z) any property subject to a Lien expressly permitted by Section 7.3(c)) as to which the Administrative Agent, for the
benefit of the Lenders, does not have a perfected Lien, within 30 days after the acquisition thereof (subject to extension by the Administrative Agent in its sole discretion) (i) execute and deliver to the Administrative Agent such amendments
or supplements to the Guarantee and Collateral Agreement or such other documents as the Administrative Agent deems necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a security interest in such property and
(ii) take all actions necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a perfected first priority security interest in such property, including the filing of Uniform Commercial Code financing
statements in such jurisdictions as may be required by the Guarantee and Collateral Agreement or by law or as may be requested by the Administrative Agent. 

  
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 (b) With respect to any fee interest in any real property having an assessed taxable value
of at least $10,000,000 acquired after the Closing Date by any Loan Party (other than any such real property subject to a Lien expressly permitted by Section 7.3(c)), within 30 days after the acquisition thereof (subject to extension by the
Administrative Agent in its sole discretion) (i) execute and deliver a first priority Mortgage, in favor of the Administrative Agent, for the benefit of the Lenders, covering such real property, (ii) if requested by the Administrative
Agent, provide the Lenders with (x) title and extended coverage insurance covering such real property in an amount at least equal to the purchase price of such real property (or such lesser amount as shall be reasonably specified by the
Administrative Agent) as well as a current ALTA survey thereof, together with a surveyor’s certificate and (y) any consents or estoppels reasonably deemed necessary or advisable by the Administrative Agent in connection with such Mortgage,
each of the foregoing in form and substance reasonably satisfactory to the Administrative Agent , (iii) deliver to the Administrative Agent (A) a policy of flood insurance that (1) covers any parcel of improved real property that is
encumbered by such Mortgage and is located in a special flood hazard area, (2) is written in an amount that is reasonably satisfactory to the Administrative Agent and (3) has a term ending not later than the maturity of the Indebtedness
secured by such Mortgage and (B) confirmation that the Borrower has received the notice required pursuant to Section 208.25(i) of Regulation H of the Board, (iv) deliver to the Administrative Agent a copy of all material documents
affecting such Mortgaged Property and (v) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel,
reasonably satisfactory to the Administrative Agent. 
 (c) With respect to any new Restricted Subsidiary (other than an
Excluded Foreign Subsidiary or an Immaterial Subsidiary) created or acquired after the Closing Date by any Loan Party (which, for the purposes of this paragraph (c), shall include any existing Subsidiary that ceases to be an Excluded Foreign
Subsidiary, an Immaterial Subsidiary or an Unrestricted Subsidiary), within 30 days after the creation or acquisition of such Subsidiary (subject to extension by the Administrative Agent in its sole discretion) (i) execute and deliver to the
Administrative Agent such supplements or amendments to the Guarantee and Collateral Agreement as the Administrative Agent deems necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a perfected first priority
security interest in the Capital Stock of such new Subsidiary that is owned by any Loan Party, (ii) deliver to the Administrative Agent the certificates representing such Capital Stock, together with undated stock powers, in blank, executed and
delivered by a duly authorized officer of the relevant Loan Party, (iii) cause such new Subsidiary (A) to become a party to the Guarantee and Collateral Agreement, (B) to take such actions necessary or advisable to grant to the
Administrative Agent for the benefit of the Lenders a perfected first priority (subject to Liens permitted under Section 7.3) security interest in the Collateral described in the Guarantee and Collateral Agreement with respect to such new
Subsidiary, including the filing of Uniform Commercial Code financing statements in such jurisdictions as may be required by the Guarantee and Collateral Agreement or by law or as may be requested by the Administrative Agent and (C) to deliver
to the Administrative Agent a certificate of such Subsidiary, substantially in the form of Exhibit C, with appropriate insertions and attachments, and (iv) if reasonably requested by the Administrative Agent, deliver to the Administrative Agent
legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent. 

  
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 (d) With respect to any new Excluded Foreign Subsidiary created or acquired after the
Closing Date by any Loan Party, within 30 days after the creation or acquisition thereof (subject to extension by the Administrative Agent in its sole discretion) (i) execute and deliver to the Administrative Agent such amendments to the
Guarantee and Collateral Agreement as the Administrative Agent deems necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a perfected first priority security interest in the Capital Stock of such new
Subsidiary that is owned by any such Loan Party (provided that in no event shall more than 65% of the total outstanding voting Capital Stock of any such new Subsidiary be required to be so pledged and, provided further, that, for the avoidance of
doubt, no Capital Stock of any such new Subsidiary that is owned directly or indirectly by a CFC shall be required to be so pledged (unless such CFC shall have elected to become a Subsidiary Guarantor pursuant to the proviso of the definition
thereof)), (ii) deliver to the Administrative Agent the certificates representing such Capital Stock, together with undated stock powers, in blank, executed and delivered by a duly authorized officer of the relevant Loan Party, and take such
other action as may be necessary or, in the opinion of the Administrative Agent, desirable to perfect the Administrative Agent’s security interest therein, and (iii) if reasonably requested by the Administrative Agent, deliver to the
Administrative Agent legal opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent. 

(e) Upon (i) any Loan Party opening any Deposit Account (other than an Excluded Account) or any Deposit Account of a Loan Party
ceasing to be an Excluded Account, within 30 days thereof (subject to extension by the Administrative Agent in its sole discretion) cause the applicable Loan Party to enter into a Deposit Account Control Agreement with the Administrative Agent in
order to give the Administrative Agent control (as such term is defined in Section 9-104 of Article 9 of the UCC) of such Deposit Account and (ii) the aggregate balance in all Petty Cash Accounts of Loan Parties that are not subject to
Deposit Account Control Agreements exceeding $10,000,000, within 30 days (subject to extension by the Administrative Agent in its sole discretion) cause the applicable Loan Parties to enter into Deposit Account Control Agreements with the
Administrative Agent in order to give the Administrative Agent control (as such term is defined in Section 9-104 of Article 9 of the UCC) of Petty Cash Accounts such that the aggregate balance in all Petty Cash Accounts of Loan Parties that are
not subject to Deposit Account Control Agreements is less than $10,000,000. 
 (f) Upon any Loan Party opening any Securities
Account (other than an Excluded Securities Account) or any Securities Account of a Loan Party ceasing to be an Excluded Securities Account, within 30 days thereof (subject to extension by the Administrative Agent in its sole discretion) cause the
applicable Loan Party to enter into a Securities Account Control Agreement with the Administrative Agent in order to give the Administrative Agent control (as such term is defined in Section 8-106 of Article 8 of the UCC) of such Securities
Account. 
 6.11 Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a long-term public
corporate family and/or credit, as applicable, rating of the Borrower and (b) a credit rating for the Facilities, in each case from each of Moody’s and S&P. 
 6.12 Post-Closing Covenants. (a) Satisfy, to the extent not satisfied as of the Closing Date, the requirements set forth in Sections 5.2(j), 5.2(k) and 5.2(l) within 60 days of the Closing
Date (or such later date as the Administrative Agent may agree in its reasonable discretion). 

  
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 (b) Within 60 days of the Closing Date (or such later date as the
Administrative Agent may agree in its reasonable discretion): 
 (i) enter into Deposit Account Control
Agreements in respect of Deposit Accounts (other than Excluded Accounts) maintained by the Loan Parties pursuant to which the Administrative Agent shall obtain control (as such term is defined in Section 9-104 of Article 9 of the UCC) of such
Deposit Accounts; 
 (ii) enter into Securities Account Control Agreement in respect of Securities Accounts
(other than Excluded Securities Accounts) maintained by the Loan Parties pursuant to which the Administrative Agent shall obtain control (as such term is defined in Section 8-106 of Article 8 of the UCC) of such Securities Account; and

 (iii) deliver to the Administrative Agent insurance certificates satisfying the requirements of
Section 5.2(b) of the Guarantee and Collateral Agreement; 
 (c) Simultaneously with the delivery of any
Mortgage pursuant to Section 5.2(l) or Section 6.12(a): 
 (i) if requested by the Administrative
Agent, deliver to the Administrative Agent and the title insurance company issuing the policy referred to in clause (c)(ii) below (the “Title Insurance Company”), an ALTA/ACSM Land Title Survey of the sites of the applicable
Mortgaged Property certified to the Administrative Agent and the Title Insurance Company in accordance with the 2011 minimum standard detail requirements for ALTA/ACSM Land Title Surveys, dated a date satisfactory to the Administrative Agent and the
Title Insurance Company by an independent professional licensed land surveyor reasonably satisfactory to the Administrative Agent and the Title Insurance Company; 

(ii) deliver to the Administrative Agent in respect of the applicable Mortgaged Property a 2006 ALTA Loan title insurance
policy (or policies) or marked up unconditional binder for such insurance, in each case in form and substance reasonably satisfactory to the Administrative Agent insuring that the mortgage is of first priority, subject only to Permitted
Encumbrances, and deliver to the Administrative Agent evidence satisfactory to it that all premiums in respect of each such policy, all charges for mortgage recording tax, and all related expenses, if any, have been paid; 

(iii) deliver to the Administrative Agent (A) a policy of flood insurance that (1) covers any parcel of
improved real property that is encumbered by such Mortgage and is located in a special flood hazard area, (2) is written in an amount that is reasonably satisfactory to the Administrative Agent and (3) has a term ending not later than the
maturity of the Indebtedness secured by such Mortgage and (B) confirmation that the Borrower has received the notice required pursuant to Section 208.25(i) of Regulation H of the Board; and 

(iv) deliver to the Administrative Agent a copy of all recorded documents referred to, or listed as exceptions to title
in, the title policy or policies referred to in clause (c)(ii) above and a copy of all other material documents affecting such Mortgaged Property. 
 6.13 IP Subsidiaries. Maintain, at all times, an ownership structure such that (a) New CFC is wholly owned by U.S. Newco, Wholly Owned Subsidiary Guarantors or the Borrower, (b) the New
CFC Subsidiaries are wholly owned by New CFC or other New CFC Subsidiaries and (b) U.S. Newco is wholly owned by one or more Wholly Owned Subsidiary Guarantors or the Borrower. 

  
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 6.14 Designation of Subsidiaries. (a) The Borrower may at any time designate any
Restricted Subsidiary as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) immediately before and after such designation, no Default or Event of Default shall have occurred and be
continuing, (ii) no Subsidiary may be designated as an Unrestricted Subsidiary if it has Indebtedness with recourse to any Group Member, (iii) no Subsidiary may be designated as an Unrestricted Subsidiary if it was previously designated an
Unrestricted Subsidiary, (iv) no Subsidiary may be designated as an Unrestricted Subsidiary if such Subsidiary is a Person with respect to which any Group Member has any direct or indirect obligation to make capital contributions or to maintain
such Subsidiary’s financial condition, (v) after giving effect to such designation, the Borrower is in compliance with the financial covenants set forth in Section 7.1 for the most recently ended Reference Period for which financial
statements have been delivered pursuant to Section 6.1, on a pro forma basis, giving effect to the respective designation (as well as all other designations of Unrestricted Subsidiaries and Restricted Subsidiaries consummated during the most
recently ended Reference Period for which financial statements have been delivered pursuant to Section 6.1) and (vi) no Subsidiary may be designated an Unrestricted Subsidiary if, after giving effect to such designation, Unrestricted
Subsidiaries have, in the aggregate, (x) at the last day of the Reference Period most recently ended, total assets equal to or greater than 5.0% of the Consolidated Total Assets of the Borrower and its Subsidiaries at such date or
(y) revenues during such Reference Period equal to or greater than 5.0% of the consolidated revenues of the Borrower and its Subsidiaries for such period, in each case determined in accordance with GAAP. 

(b) The designation of any Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the Borrower therein, at the date
of designation in an amount equal to the fair market value of the Borrower’s investment therein as determined in good faith by the board of directors of the Borrower. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary
shall, at the time of such designation, constitute the incurrence of any Indebtedness or Liens of such Subsidiary existing at such time. Upon a redesignation of any Subsidiary as a Restricted Subsidiary, the Investments of the Borrower in
Unrestricted Subsidiaries shall be reduced by the fair market value of the Borrower’s Investment in such Subsidiary at the time of such redesignation (as determined in good faith by the board of directors of the Borrower) (it being understood
that such reduction shall not exceed the Borrower’s initial Investment in such Subsidiary, less returns on such Investment received by the Borrower). Any property transferred to or from an Unrestricted Subsidiary shall be valued at its fair
market value at the time of such transfer, in each case as determined in good faith by the board of directors of the Borrower. 

(c) If, as of the last day of any Reference Period ended after the Closing Date, Unrestricted Subsidiaries have, in the aggregate,
(i) total assets at such day equal to or greater than 5.0% of the Consolidated Total Assets of the Borrower and its Subsidiaries at such date or (ii) revenues during such Reference Period equal to or greater than 5.0% of the consolidated
revenues of the Borrower and its Subsidiaries for such period, in each case determined in accordance with GAAP, then the Borrower shall, no later than five Business Days subsequent to the date on which financial statements for such fiscal period are
delivered pursuant to this Agreement, designate in writing to the Administrative Agent one or more of such Unrestricted Subsidiaries as Restricted Subsidiaries in accordance with Section 6.14(a) such that, following such designation(s),
Unrestricted Subsidiaries have, in the aggregate (i) total assets at the last day of such Reference Period of less than 5.0% of the Consolidated Total Assets of the Borrower and its Subsidiaries at such date and (ii) total revenues during
such Reference Period of less than 5.0% of the consolidated revenues of the Borrower and its Subsidiaries for such period, in each case determined in accordance with GAAP. 
 SECTION 7. NEGATIVE COVENANTS 
 The Borrower hereby agrees that, so long as the
Commitments remain in effect, any Letter of Credit remains outstanding or any Loan or other amount (other than contingent indemnification obligations) is owing to any Lender or the Administrative Agent hereunder, on and after the Closing Date, the
Borrower shall not, and shall not permit any of its Restricted Subsidiaries to (and (i) with respect to Section 7.16, solely New CFC Entities shall not and (ii) with respect to Section 7.17, solely U.S. Newco shall not), directly
or indirectly: 

  
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 7.1 Financial Condition Covenants. 

(a) Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive
fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: 
  

					
	 Fiscal Quarter
	  	Consolidated
Leverage Ratio	 
	 September 30, 2012
	  	 	5.25:1.00	  
	 December 31, 2012
	  	 	5.25:1.00	  
	 March 31, 2013
	  	 	5.25:1.00	  
	 June 30, 2013
	  	 	5.00:1.00	  
	 September 30, 2013
	  	 	5.00:1.00	  
	 December 31, 2013
	  	 	5.00:1.00	  
	 March 31, 2014
	  	 	5.00:1.00	  
	 June 30, 2014
	  	 	4.75:1.00	  
	 September 30, 2014
	  	 	4.75:1.00	  
	 December 31, 2014 and thereafter
	  	 	4.50:1.00	  

 (b) Consolidated Secured Leverage Ratio. Permit the Consolidated Secured Leverage Ratio as at the
last day of any period of four consecutive fiscal quarters of the Borrower ending with any fiscal quarter set forth below to exceed the ratio set forth below opposite such fiscal quarter: 

 

					
	 Fiscal Quarter
	  	Consolidated
Secured
Leverage Ratio	 
	 September 30, 2012
	  	 	3.75:1.00	  
	 December 31, 2012
	  	 	3.75:1.00	  
	 March 31, 2013
	  	 	3.75:1.00	  
	 June 30, 2013
	  	 	3.625:1.00	  
	 September 30, 2013
	  	 	3.625:1.00	  
	 December 31, 2013
	  	 	3.625:1.00	  
	 March 31, 2014
	  	 	3.625:1.00	  
	 June 30, 2014
	  	 	3.50:1.00	  
	 September 30, 2014
	  	 	3.50:1.00	  
	 December 31, 2014 and thereafter
	  	 	3.25:1.00	  

 (c) Consolidated Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio for any
period of four consecutive fiscal quarters of the Borrower to be less than 3.50:1.00. 
 7.2 Indebtedness. Create, issue,
incur, assume, become liable in respect of or suffer to exist any Indebtedness, except: 
 (a) Indebtedness of
any Loan Party pursuant to any Loan Document; 

  
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 (b) Indebtedness of (i) the Borrower to any Restricted Subsidiary,
(ii) any Wholly Owned Subsidiary Guarantor to the Borrower or any other Restricted Subsidiary, (iii) any Subsidiary Guarantor that is not a Wholly Owned Subsidiary Guarantor to any other Subsidiary Guarantor that is not a Wholly Owned
Subsidiary Guarantor, (iv) any Restricted Subsidiary that is not a Wholly Owned Subsidiary Guarantor to the Borrower or any other Restricted Subsidiary (provided that any such Indebtedness that is owed by a Restricted Subsidiary that is
not a Wholly Owned Subsidiary Guarantor to a Loan Party (other than as permitted by clause (iii) hereof) shall be subject to Section 7.7(f)) and (v) any Restricted Subsidiary to the Borrower or any other Restricted Subsidiary incurred
pursuant to any IP Reorganization Transaction; 
 (c) Guarantee Obligations (i) incurred in the ordinary
course of business by the Borrower or any of its Restricted Subsidiaries of obligations of any Wholly Owned Subsidiary Guarantor, (ii) incurred in the ordinary course of Business by any Restricted Subsidiary of obligations of the Borrower,
(iii) incurred in the ordinary course of Business by any Subsidiary Guarantor that is not a Wholly Owned Subsidiary Guarantor of obligations of any other Subsidiary Guarantor that is not a Wholly Owned Subsidiary Guarantor and
(iv) incurred by the Borrower or any of its Restricted Subsidiaries of obligations of any Restricted Subsidiary that is not a Wholly Owned Subsidiary Guarantor (provided that any such Guarantee Obligation incurred pursuant to this clause
(iv) shall be subject to Section 7.7(f)); 
 (d) Indebtedness outstanding on the Closing Date and, to
the extent not otherwise permitted by this Section 7.2, listed on Schedule 7.2(d), unless such Indebtedness is in an outstanding principal amount of less than $50,000 (provided the aggregate principal amount of all such unlisted
Indebtedness shall not exceed $1,000,000), and any Permitted Refinancing Indebtedness in respect thereof; 
 (e)
Indebtedness (including, without limitation, Capital Lease Obligations) secured by Liens permitted by Section 7.3(c) in an aggregate principal amount not to exceed $60,000,000 at any one time outstanding; 

(f) (i) Indebtedness of the Borrower in respect of the Bridge Loans and/or the Senior Unsecured Debt in an aggregate
principal amount not to exceed $375,000,000, (ii) Indebtedness of the Borrower in respect of Permitted Unsecured Debt (other than any Senior Unsecured Debt), provided that the Net Cash Proceeds of such Permitted Unsecured Debt are used
to prepay the Term Loans, (iii) Permitted Refinancing Indebtedness in respect of any Indebtedness permitted under Section 7.2(f)(i) and (ii) and (iv) Guarantee Obligations of any Subsidiary Guarantor in respect of Indebtedness
permitted under Section 7.2(f); 
 (g) Earnout Obligations incurred in connection with Permitted
Acquisitions; 
 (h) Receivables Transaction Attributed Indebtedness and Factoring Indebtedness in an aggregate
at any time outstanding not to exceed $200,000,000; 
 (i) to the extent constituting Indebtedness, obligations
in respect of Swap Agreements otherwise permitted hereunder; 
 (j) obligations in respect of performance, bid,
appeal and surety bonds and completion guarantees and similar obligations provided by the Borrower or any Restricted Subsidiary in the ordinary course of business; 

  
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 (k) (i) Indebtedness acquired or assumed by the Borrower or any
Restricted Subsidiaries in connection with a Permitted Acquisition; provided, that (w) such Indebtedness is not incurred in connection with, or in contemplation of, such transaction; (x) on the date of the acquisition or assumption
of such Indebtedness, on a pro forma basis, giving effect to such Permitted Acquisition and any Indebtedness acquired, assumed or incurred in connection therewith, each of the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio
immediately after such acquisition or assumption of Indebtedness (in each case determined on the basis of the financial information most recently delivered to the Administrative Agent pursuant to Section 6.1(a) or (b)) is at least 0.25 less
than the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio required by Section 7.1 for the most recently ended fiscal quarter for which financial information has been delivered pursuant to Section 6.1(a) or (b) and
(y) immediately after giving effect to such acquisition or assumption, such Indebtedness is not guaranteed in any respect by the Borrower or any Restricted Subsidiary (other than by any such Person that so becomes a Restricted Subsidiary or is
the survivor of a merger with such Person and any of its Subsidiaries) (and such Indebtedness shall not contain a requirement that such Indebtedness be guaranteed by the Borrower or any Restricted Subsidiary that is not a guarantor in respect
thereof immediately after giving effect to such acquisition or assumption) and (ii) any Permitted Refinancing Indebtedness in respect thereof;
 (l) (i) unsecured Indebtedness incurred by the Borrower or any Restricted Subsidiaries in connection with a Permitted Acquisition; provided that (w) such Indebtedness matures no earlier
than 181 days after the Tranche B Term Maturity Date, (x) on the date of incurrence of such Indebtedness, on a pro forma basis, giving effect to such Permitted Acquisition and any Indebtedness acquired, assumed or incurred in connection
therewith, each of the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio immediately after such incurrence of Indebtedness (in each case determined on the basis of the financial information most recently delivered to the
Administrative Agent pursuant to Section 6.1(a) or (b)) is at least 0.25 less than the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio required by Section 7.1 for the most recently ended fiscal quarter for which
financial information has been delivered pursuant to Section 6.1(a) or (b), (y) such Indebtedness shall not have a definition of “Change of Control” or “Change in Control” (or any other defined term having a similar
purpose) that is materially more restrictive than the definition of Change of Control set forth herein and (z) such Indebtedness shall not be subject to a financial maintenance covenant more favorable to the lenders providing such Indebtedness
than those contained in the Loan Documents (other than for periods after the Tranche B Term Maturity Date) and (ii) any Permitted Refinancing Indebtedness in respect thereof; 

(m) Indebtedness relating to Disqualified Capital Stock (i) issued to or owned by the Borrower or any Subsidiary
Guarantor and (ii) not issued by (x) the Borrower or (y) any Subsidiary Guarantor (unless, in the case of this clause (ii)(y), either (A) such Disqualified Capital Stock issued by a Subsidiary Guarantor is issued to the Borrower
or (B) such Disqualified Capital Stock issued by a Wholly Owned Subsidiary Guarantor is issued to the Borrower or any other Wholly Owned Subsidiary Guarantor); 

(n) (i) secured or unsecured notes (such notes, “Incremental Equivalent Debt”); provided
that (A) the aggregate principal amount of all Incremental Equivalent Debt, together with the aggregate principal amount (or committed amount, if applicable) of all Term Loans (including Incremental Term Loans) and Revolving Commitments
(including Incremental Revolving Commitments) shall not exceed $1,300,000,000, (B) the incurrence of such Indebtedness shall be subject to clauses (ii), (iii) and (iv) of the proviso to Section 2.25(a), as if such Incremental
Equivalent Debt were an Incremental Term Loan or Incremental Revolving Commitment, as applicable, and the date of incurrence of such Incremental Equivalent Debt were an Increased Facility Closing Date, (C) such Indebtedness shall mature no
earlier than 181 days after the Tranche B Term Maturity Date, (D) such Incremental Equivalent Debt shall not have a definition of “Change of Control” or “Change in Control” (or any other defined term having a similar
purpose) that is materially more restrictive than the definition of Change of Control set forth herein and (E) such Incremental Equivalent Debt shall not be subject to a financial maintenance covenant more favorable to the holders thereof than
those contained in the Loan Documents (other than for periods after the Tranche B Term Maturity Date) and (ii) any Permitted Refinancing Indebtedness in respect thereof; 

  
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 (o) Indebtedness arising from agreements of the Borrower or any Restricted
Subsidiary providing for customary indemnification, adjustment of purchase price or similar obligations, in each case incurred or assumed in connection with the disposition of any business, assets or a Restricted Subsidiary otherwise permitted
hereunder; provided that any such Indebtedness in connection with a Permitted Acquisition in respect of Persons that do not, upon the acquisition thereof (subject to any grace period set forth in Section 6.12), become Subsidiary
Guarantors or property that is not, upon acquisition thereof, owned by Subsidiary Guarantors shall be subject to the consideration limitation in clause 7.7(h)(v); 

(p) Indebtedness in respect of netting services, overdraft protections and otherwise in connection with customary Deposit
Accounts and Securities Accounts maintained by a Loan Party as part of its ordinary cash management program; 

(q) unsecured Guarantee Obligations incurred by the Borrower of cash management obligations of Subsidiaries incurred in
the ordinary course of business; 
 (r) unsecured Guarantee Obligations incurred in the ordinary course of
business by the Borrower of operating leases of Subsidiaries; and 
 (s) additional Indebtedness of the Borrower
or any of its Restricted Subsidiaries in an aggregate principal amount (for the Borrower and all Restricted Subsidiaries) not to exceed 20% of Consolidated Tangible Assets in the aggregate at any time outstanding. 

7.3 Liens. Create, incur, assume or suffer to exist any Lien upon any of its property, whether now owned or hereafter acquired,
except: 
 (a) Permitted Encumbrances; 

(b) Liens in existence on the Closing Date and, to the extent not otherwise permitted by this Section 7.3, listed on
Schedule 7.3(b), unless neither (x) the aggregate outstanding principal amount of the obligations secured thereby nor (y) the aggregate fair market value (determined as of the Closing Date) of the assets subject thereto exceeds (as to the
Borrower and all Restricted Subsidiaries) $50,000 (provided that the aggregate outstanding principal amount of the obligations secured by, or the aggregate fair market value (determined as of the date such Lien is incurred) of the assets
subject to, any Lien existing on the Closing Date not otherwise permitted by this Section 7.3 and not listed on Schedule 7.3(b) does not exceed $1,000,000), provided that no such Lien is spread to cover any additional property after the
Closing Date and that the amount of Indebtedness secured thereby is not increased; 

  
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 (c) Liens securing Indebtedness of the Borrower or any Restricted Subsidiary
incurred pursuant to Section 7.2(e) to finance the acquisition of fixed or capital assets (or Permitted Refinancing Indebtedness in respect thereof), provided that (i) such Liens shall be created substantially simultaneously with
the acquisition of such fixed or capital assets, (ii) such Liens do not at any time encumber any property other than the property financed by such Indebtedness and proceeds thereof and (iii) the amount of Indebtedness secured thereby is
not increased; 
 (d) Liens created pursuant to the Security Documents; 

(e) any Lien existing on any asset prior to the acquisition thereof by the Borrower or any Restricted Subsidiary or
existing on any asset of any Person that becomes a Restricted Subsidiary after the date hereof prior to the time such Person becomes a Restricted Subsidiary; provided that (i) such Lien is not created in contemplation of or in connection
with such acquisition or such Person becoming a Restricted Subsidiary, as the case may be, (ii) such Lien shall not apply to any other assets of the Borrower or any Restricted Subsidiary other than proceeds thereof and (iii) such Lien
shall secure only those obligations which it secures on the date of such acquisition or the date such Person becomes a Restricted Subsidiary, as the case may be and extensions, renewals and replacements thereof that do not increase the outstanding
principal amount thereof; 
 (f) any interest or title of a lessor under any lease entered into by the Borrower
or any Restricted Subsidiary in the ordinary course of its business and covering only the assets so leased; 

(g) Liens on assets of Restricted Subsidiaries solely in favor of the Borrower or a Loan Party as secured party and
securing Indebtedness owing by a Restricted Subsidiary to the Borrower or a Loan Party; 
 (h) Liens incurred in
connection with any transfer of an interest in accounts or notes receivable or related assets as part of a Qualified Receivables Transaction; 
 (i) Liens on the real property owned by Foreign Subsidiaries listed on Schedule 7.3(i) hereto; provided that the aggregate outstanding principal amount of all Indebtedness secured by all Liens
permitted under this clause (i) does not exceed $25,000,000 at any time; 
 (j) Liens on specific items of
inventory or other goods and proceeds of any Person securing such Person’s obligations in respect of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or
other goods; 
 (k) Liens securing obligations in respect of Swap Agreements incurred in the ordinary course of
business; 
 (l) Liens renewing, extending or refunding any Lien permitted by Section 7.3(c) or
Section 7.3(e), provided, that (i) the principal amount of Indebtedness secured by any such Lien immediately prior to such extension, renewal or refunding is not increased and (ii) such Lien is not extended to any additional
property; 
 (m) Liens for taxes not yet delinquent or which are being contested in good faith by appropriate
proceedings and with respect to which reserves in conformity with GAAP have been provided on the books of the relevant Group Member; 
 (n) Liens with respect to property or assets of the Borrower or any Restricted Subsidiary securing Incremental Equivalent Debt, provided that such Incremental Equivalent Debt shall be secured only
by a Lien on the Collateral and on a pari passu or subordinated basis with the Obligations and shall be subject to intercreditor arrangements reasonably satisfactory to the Administrative Agent; and 

  
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 (o) Liens not otherwise permitted by this Section so long as neither
(i) the aggregate outstanding principal amount of the obligations secured thereby nor (ii) the aggregate fair market value (determined as of the date such Lien is incurred) of the assets subject thereto exceeds (as to the Borrower and all
Restricted Subsidiaries) 10.0% of Consolidated Tangible Assets; 
 provided that notwithstanding the foregoing, in no event shall any
Lien exist upon the Capital Stock of U.S. Newco, other than (A) Liens arising under the Loan Documents or (B) nonconsensual Liens imposed by operation of law and Permitted Encumbrances (other than pursuant to clause (i) of the
definition thereof). 
 7.4 Fundamental Changes. Enter into any merger, consolidation or amalgamation, or liquidate, wind
up or dissolve itself (or suffer any liquidation or dissolution), or Dispose of all or substantially all of its property or business, except that: 
 (a) any Person may be merged or consolidated with or into the Borrower (provided that the Borrower shall be the continuing or surviving corporation) or, subject to Section 7.12(f), with or
into any Restricted Subsidiary (provided that (w) the Restricted Subsidiary shall be the continuing or surviving corporation; (x) if any of the involved parties is a Wholly Owned Subsidiary, then the surviving entity shall be a
Wholly Owned Subsidiary, (y) if any of the involved parties is a Loan Party, then the surviving entity shall be a Loan Party and (z) if any of the involved parties is a Wholly Owned Subsidiary Guarantor, then the surviving entity shall be
a Wholly Owned Subsidiary Guarantor); provided that any such merger involving a Person that is not a Wholly-Owned Subsidiary of the Borrower immediately prior to such merger shall not be permitted unless also permitted by Section 7.7 and
any such merger in connection with the Purchase of any Person that is not a Wholly-Owned Subsidiary of the Borrower immediately prior to such merger shall not be permitted unless also permitted by Section 7.7. 

(b) any Restricted Subsidiary may liquidate or dissolve (i) if the Borrower determines in good faith that such
liquidation or dissolution is in the best interests of the Borrower and is not materially disadvantageous to the Lenders or (ii) pursuant to any IP Reorganization Transaction; 

(c)(i) any Restricted Subsidiary of the Borrower may Dispose of any or all of its assets (x) to the Borrower or any
Wholly Owned Subsidiary Guarantor (upon voluntary liquidation or otherwise), (y) pursuant to a Disposition permitted by Section 7.5, (ii) any Restricted Subsidiary of the Borrower that is not a Wholly Owned Subsidiary Guarantor may
Dispose of any or all of its assets to any Subsidiary Guarantor and (iii) any Restricted Subsidiary may Dispose of any or all of its assets to the Borrower or any other Restricted Subsidiary in any IP Reorganization Transaction; and 

(d) any Investment expressly permitted by Section 7.7 may be structured as a merger, consolidation or amalgamation.

 7.5 Disposition of Property. Dispose of any of its property, whether now owned or hereafter acquired, or, in the case
of any Restricted Subsidiary, issue or sell any shares of such Subsidiary’s Capital Stock to any Person, except: 
 (a) the Disposition of obsolete or worn out property in the ordinary course of business; 

  
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 (b) the sale of inventory in the ordinary course of business; 

(c) Dispositions permitted by clause (i) of Section 7.4(b); 

(d) the Disposition of any asset (i) of the Borrower or any Restricted Subsidiary to the Borrower or any Wholly
Owned Subsidiary Guarantor, (ii) of any Restricted Subsidiary that is not a Wholly Owned Subsidiary Guarantor to a Subsidiary Guarantor, (iii) solely among Restricted Subsidiaries that are not Loan Parties, (iv) of a Restricted
Subsidiary that is not a Loan Party to a Loan Party, (v) solely among Loan Parties (other than the Borrower) that are not Wholly Owned Subsidiary Guarantors and (vi) of the Borrower or any Restricted Subsidiary to the Borrower or any
Restricted Subsidiary in any IP Reorganization Transaction; 
 (e) the sale or issuance of any Restricted
Subsidiary’s Capital Stock to the Borrower or any Wholly Owned Subsidiary Guarantor; 
 (f) any Disposition
of an interest in accounts or notes receivable and related assets as part of a Qualified Receivables Transaction; 
 (g) any Lien permitted under Section 7.3, any merger, consolidation, liquidation or dissolution permitted under Section 7.4, any Restricted Payment permitted under Section 7.6 and any
Investment permitted under Section 7.7; 
 (h) any Disposition pursuant to any Swap Agreement permitted
hereunder; 
 (i) any Disposition of accounts receivable (and rights ancillary thereto) of Restricted
Subsidiaries pursuant to, and in accordance with the terms of, the factoring agreement pursuant to which the Factoring Indebtedness referred to in Section 7.2(h) is incurred; 

(j) any (i) Disposition pursuant to any non-exclusive license of Intellectual Property and (ii) any exclusive
license of Intellectual Property entered into in the ordinary course of business of the applicable Group Member; 
 (k) dispositions of accounts receivable and other rights to payment principally for collection purposes; and 
 (l) the Disposition of other property having a fair market value not to exceed 10% of Consolidated Tangible Assets in the aggregate for any fiscal year of the Borrower; provided that (i) the
consideration for any such Disposition (or series of related Dispositions) in excess of $40,000,000 consists of at least 75% cash consideration (provided that for purposes of the 75% cash consideration requirement (A) (1) the amount
of any Indebtedness of the Borrower or any Restricted Subsidiary (as shown on such person’s most recent balance sheet or in the notes thereto) that is assumed by the transferee of any such assets, (2) the amount of any trade-in value
applied to the purchase price of any replacement assets acquired in connection with such Disposition and (3) any Designated Non-Cash Consideration received in respect of such Disposition having an aggregate fair market value, taken together
with all other Designated Non-Cash Consideration received pursuant to this clause (3), not in excess of $40,000,000, in each case shall be deemed to be cash and (B) Cash Equivalents and marketable U.S. debt securities (determined in accordance
with GAAP) shall be deemed to be cash), (ii) no Event of Default then exists or would result therefrom and (iii) the Net Proceeds thereof are applied in accordance with Section 2.12(b). 

  
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 7.6 Restricted Payments. Declare or pay any dividend (other than dividends payable
solely in common stock of the Person making such dividend) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the purchase, redemption, defeasance, retirement or other acquisition of, any Capital
Stock of such Group Member, whether now or hereafter outstanding, or make any other distribution in respect of such Group Member’s Capital Stock, either directly or indirectly, whether in cash or property or in obligations of such Group Member
(collectively, “Restricted Payments”), except that: 
 (a) any (i) Restricted Subsidiary
may declare or make Restricted Payments ratably with respect to any class of its Capital Stock and (ii) Restricted Subsidiary may declare or make Restricted Payments in any IP Reorganization Transaction; 

(b) dividends may be declared and made by the Borrower with respect to its Capital Stock payable solely in additional
shares of its common stock or Acceptable Preferred Equity; 
 (c) so long as no Default or Event of Default
shall have occurred and be continuing, the Borrower may purchase the Borrower’s common stock or common stock options from present or former officers or employees of any Group Member upon the death, disability or termination of employment of
such officer or employee, provided, that the aggregate amount of payments under this clause (c) after the date hereof (net of any proceeds received by the Borrower after the date hereof in connection with resales of any common stock or
common stock options so purchased) shall not exceed $10,000,000; 
 (d) dividends and other Restricted Payments
may be declared and made by any Restricted Subsidiary with respect to its Capital Stock (i) to the Borrower or any Wholly Owned Subsidiary Guarantor that owns Capital Stock of such Subsidiary, (ii) with respect to any such Restricted
Subsidiary that is a Loan Party (other than any Wholly Owned Subsidiary Guarantor) to any Loan Party that owns Capital Stock of such Subsidiary, (iii) with respect to any Restricted Subsidiary that is not a Loan Party, to any Loan Party that
owns Capital Stock of such Subsidiary and (iv) with respect to any Restricted Subsidiary that is not a Loan Party (and for which no Loan Party owns any Capital Stock) to any other Restricted Subsidiary that is not a Loan Party that owns Capital
Stock of such Subsidiary; and 
 (e) so long as no Default or Event of Default shall have occurred and be
continuing, the Borrower and its Restricted Subsidiaries may declare and make additional Restricted Payments; provided that such Restricted Payments shall not exceed $30,000,000 in the aggregate in any fiscal year; provided
further that (i) additional Restricted Payments in an aggregate amount not to exceed $5,000,000 in any fiscal year shall be permitted so long as on a pro forma basis, after giving effect to the making of such Restricted Payment and the
incurrence of any Indebtedness in connection therewith, the Consolidated Leverage Ratio, recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available, is less than 3.50:1.00,
(ii) additional Restricted Payments in an aggregate amount not to exceed $5,000,000 in any fiscal year shall be permitted so long as on a pro forma basis, after giving effect to the making of such Restricted Payment and the incurrence of any
Indebtedness in connection therewith, the Consolidated Leverage Ratio, recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available, is less than 3.00:1.00 (it being understood
that such amount shall be in addition to amounts permitted under clause (i) above) and (iii) additional Restricted Payments in an aggregate amount not to exceed $20,000,000 in any fiscal year shall be permitted so long as on a pro forma
basis, after giving effect to the making of such Restricted Payment and the incurrence of any Indebtedness in connection therewith, the Consolidated Leverage Ratio, recomputed as of the last day of the most recently ended fiscal quarter of the
Borrower for which financial statements are available, is less than 2.50:1.00 (it being understood that such amount shall be in addition to amounts permitted under clauses (i) and (ii) above). 

  
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 7.7 Investments. Make any advance, loan, extension of credit (by way of guaranty or
otherwise) or capital contribution to, or purchase any Capital Stock, bonds, notes, debentures or other debt securities of, or any assets constituting a business unit of, or make any other investment in, any other Person (all of the foregoing,
“Investments”), except: 
 (a) (i) extensions of trade credit in the ordinary course of
business and (ii) Investments existing on the Closing Date and, to the extent not otherwise permitted by Section 7.7, set forth on Schedule 7.7(a), unless such Investment (valued at cost) does not exceed $50,000 (provided that the
aggregate amount (valued at cost) of such unlisted Investments does not exceed $1,000,000); 
 (b) investments
in Cash Equivalents; 
 (c) Guarantee Obligations permitted by Section 7.2; 

(d) loans and advances to employees of any Group Member in the ordinary course of business (including for travel,
entertainment and relocation expenses) consistent with prudent business practice and in an aggregate amount for all Group Members not to exceed $5,000,000 at any one time outstanding; and payroll, travel and similar advances to cover matters that
are expected at the time of such advances ultimately to be treated as expenses for accounting purposes and that are made in the ordinary course of business; 
 (e) the Acquisition; 
 (f) (i) Investments, loans or advances
made by the Borrower or any Restricted Subsidiary in the Borrower or any Wholly Owned Subsidiary Guarantor, (ii) Investments, loans or advances made by any Restricted Subsidiary that is not a Loan Party in any Loan Party,
(iii) Investments, loans or advances made by any Restricted Subsidiary that is not a Loan Party in any other Restricted Subsidiary that is not a Loan Party, (iv) Investments, loans or advances made by (x) any Loan Party in any
Restricted Subsidiary that is not a Loan Party and (y) by the Borrower or any Wholly Owned Subsidiary Guarantor in any Loan Party (other than the Borrower) that is not a Wholly Owned Subsidiary Guarantor in an aggregate amount (as to clauses
(x) and (y) taken together) not to exceed $50,000,000 and (v) Investments, loans or advances made by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary in any IP Reorganization Transaction;

 (g) Investments in assets useful in the business of the Borrower and its Restricted Subsidiaries made by the
Borrower or any of its Restricted Subsidiaries with the proceeds of any Reinvestment Deferred Amount; 
 (h)
Permitted Acquisitions; provided that with respect to each purchase or other acquisition made pursuant to this Section 7.8(h):
 (i) immediately before and immediately after giving effect on a pro forma basis to any such purchase or other acquisition (and any related acquisition, assumption or incurrence of Indebtedness), the
Borrower shall be in pro forma compliance with the financial covenants set forth in Section 7.1, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent pursuant to
Section 6.1(a) or (b) as though such purchase or other acquisition (and any related acquisition, assumption or incurrence of Indebtedness) had been consummated as of the first day of the fiscal period covered thereby; 

  
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 (ii) on a pro forma basis, giving effect to any such purchase or other
acquisition (and any related acquisition, assumption or incurrence of Indebtedness), each of the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio immediately after such acquisition or assumption (in each case determined on the
basis of the financial information most recently delivered to the Administrative Agent pursuant to Section 6.1(a) or (b)) is at least 0.25 less than the Consolidated Leverage Ratio and Consolidated Secured Leverage Ratio required by
Section 7.1 for the most recently ended fiscal quarter for which financial information has been delivered pursuant to Section 6.1(a) or (b); 
 (iii) any Indebtedness incurred in connection with such Permitted Acquisition (for the avoidance of doubt, other than Indebtedness assumed in connection therewith, including any such Indebtedness assumed
in accordance with Section 7.2(k)) shall be incurred pursuant to Section 7.2(l), an Incremental Term Facility or Incremental Revolving Commitments; provided that any such Incremental Term Facility shall not be subject to a financial
maintenance covenant more favorable to the lenders providing such Indebtedness than those contained in the Loan Documents (other than for periods after the Tranche B Term Maturity Date), and

(iv) the aggregate consideration (whether cash or property, as valued in good faith by the board of directors of the
Borrower) given by the Group Members for all acquisitions consummated in reliance on this Section 7.8(h) of (x) Persons that do not, upon the acquisition thereof, become Subsidiary Guarantors or (y) property that is not, upon
acquisition thereof, owned by Subsidiary Guarantors, shall not exceed $150,000,000; 
 (i) Investments comprised
of capital contributions (whether in the form of cash, a note, or other assets) in a Restricted Subsidiary or other special-purpose entity created solely to engage in a Qualified Receivables Transaction or otherwise resulting from transfers of
assets permitted hereunder to such a special-purpose entity; 
 (j) Guarantees by the Borrower or any Restricted
Subsidiary of Indebtedness or other obligations (including operating lease obligations), incurred in the ordinary course of business, of the Borrower or any other Loan Party; 

(k) investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and
disputes with, customers and suppliers, in each case in the ordinary course of business; 
 (l) any investments
in or loans to any other Person received as noncash consideration for sales, transfers, leases and other dispositions permitted by Section 7.5; 
 (m) [Reserved.]; 
 (n) Investments with respect to Swap Agreements
otherwise permitted hereunder; and 

  
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 (o) in addition to Investments otherwise expressly permitted by this
Section, Investments by the Borrower or any of its Restricted Subsidiaries in an aggregate amount (valued at cost) outstanding at any time not to exceed 20% of Consolidated Tangible Assets (which aggregate amount shall be net of returns on such
Investments received by the Borrower or any of its Restricted Subsidiaries). 
 7.8 Optional Payments and Modifications of
Certain Debt Instruments. (a) Make or offer to make any optional or voluntary payment, prepayment, repurchase or redemption of or otherwise optionally or voluntarily defease or segregate funds with respect to the Senior Unsecured Debt,
Permitted Unsecured Debt or any Indebtedness that is subordinated to the Obligations; provided that the Borrower shall be permitted to repay any Senior Unsecured Debt, Permitted Unsecured Debt or any Indebtedness that is subordinated to the
Obligations so long as, (i) on a pro forma basis, after giving effect to such prepayment and any Indebtedness incurred with respect thereto, (x) the Consolidated Leverage Ratio (determined on the basis of the financial information most
recently delivered to the Administrative Agent pursuant to Section 6.1(a) or (b)) is less than 4.00:1.00 and (y) the Consolidated Secured Leverage Ratio (determined on the basis of the financial information most recently delivered to the
Administrative Agent pursuant to Section 6.1(a) or (b)) is less than 2.25:1.00 and (ii) on the date of such repayment, there shall be no more than $75,000,000 in aggregate amount of Revolving Extensions of Credit outstanding or
(b) amend, modify, waive or otherwise change, or consent or agree to any amendment, modification, waiver or other change to, any of the terms of the Bridge Loans, the Senior Unsecured Debt, Permitted Unsecured Debt or any such subordinated
Indebtedness (other than any such amendment, modification, waiver or other change that (i) would extend the maturity or reduce the amount of any payment of principal thereof or reduce the rate or extend any date for payment of interest thereon
or (ii) is not materially adverse to the Lenders). 
 7.9 Transactions with Affiliates. Enter into any transaction,
including any purchase, sale, lease or exchange of property, the rendering of any service or the payment of any management, advisory or similar fees, with any Affiliate (other than the Borrower or any Subsidiary Guarantor) unless such transaction is
(a) otherwise permitted under this Agreement, (b) in the ordinary course of business of the relevant Group Member, and (c) upon fair and reasonable terms no less favorable to the relevant Group Member than it would obtain in a
comparable arm’s length transaction with a Person that is not an Affiliate; provided that this Section 7.9 shall not prohibit (i) transactions between or among Loan Parties not involving any other Affiliate, (ii) any Restricted
Payment permitted by Section 7.6, (iii) any guaranty, advance or other investment permitted by Section 7.7 by the Borrower or any Restricted Subsidiary in any Restricted Subsidiary, (iv) transactions pursuant to agreements in
effect on the Closing Date and disclosed in the Borrower’s or Collective’s filings with the SEC and any extensions, renewals, amendments or modifications thereof (provided, that this clause (iv) shall not apply to any
extension, or renewal of, or any amendment or modification of such agreements that is less favorable to the Borrower or the applicable Restricted Subsidiaries, as the case may be, than the terms of such transaction as in effect on the Closing Date),
(v) the payment of reasonable and customary amounts paid to, and indemnities provided on behalf of, officers, directors, managers, employees or consultants of the Borrower or any Restricted Subsidiary, (vi) transactions between the
Borrower or any Restricted Subsidiary, on the one hand, and any Restricted Subsidiary or other special-purpose entity created to engage solely in a Qualified Receivables Transaction, on the other hand and (vii) any IP Reorganization
Transactions. 
 7.10 Swap Agreements. Enter into any Swap Agreement, except (a) Swap Agreements entered into
to hedge or mitigate risks to which the Borrower or any Restricted Subsidiary has actual or reasonably anticipated exposure (other than those in respect of Capital Stock) and (b) Swap Agreements entered into in order to effectively cap, collar
or exchange interest rates (from fixed to floating rates, from one floating rate to another floating rate or otherwise) with respect to any interest-bearing liability or investment of the Borrower or any Restricted Subsidiary. 

  
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 7.11 Changes in Fiscal Periods. Permit the fiscal year of the Borrower to end on a
day other than the Saturday closest to (either before or after) December 31 or change the Borrower’s method of determining fiscal quarters. 
 7.12 Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Group Member to create, incur, assume or suffer to exist
any Lien upon any of its property or revenues, whether now owned or hereafter acquired, to secure its obligations under the Loan Documents, provided that the foregoing shall not apply to restrictions or conditions (a) imposed by law or
by this Agreement, the other Loan Documents, any Swap Agreement, the Bridge Credit Agreement or the Senior Unsecured Debt Agreement, (b) (i) existing on the Closing Date and identified on Schedule 7.12 and (ii) any extension or
renewal of such restriction or condition or any agreement evidencing such restriction or condition or any amendment or modification thereof, in each case that does not materially expand the scope of any such restriction or condition),
(c) contained in agreements relating to the sale of a Subsidiary or Subsidiaries pending such sale, provided such restrictions and conditions apply only to the Subsidiary that is, or the Subsidiaries that are, to be sold (or, in each case, the
assets of, or Equity Interests therein), (d) contained in any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against
the assets financed thereby and proceeds thereof), (e) contained in leases or other agreements that are customary and restrict the assignment (or subletting) thereof and relate only to the assets subject thereto, (f) (i) are binding
on a Restricted Subsidiary at the time such Restricted Subsidiary is acquired, so long as such restrictions were not entered into solely in contemplation of such Restricted Subsidiary becoming a Restricted Subsidiary (provided that for so
long as such restrictions are applicable (including pursuant to clause (f)(ii)), no other Restricted Subsidiary may be merged or consolidated with such Restricted Subsidiary if the property subject to such restrictions would be expanded as a result
of such merger or consolidation) and (ii) any renewal or extension of a restriction or condition permitted by clause (f)(i) or any agreement evidencing such restriction or condition or any amendment or modification thereof so long as such
renewal or extension does not materially expand the scope of such restriction or condition, (g) contained in agreements relating to a Disposition permitted hereunder pending such Disposition, provided such restrictions and conditions apply only
to the assets subject to such Disposition, (h) are set forth in agreements governing Indebtedness or other obligations of Foreign Subsidiaries, (i) are customary provisions in joint venture agreements and other similar agreements
applicable to joint ventures other similar arrangements permitted hereunder, (j) are restrictions with respect to cash collateral so long as the Lien in respect of such cash collateral is permitted under Section 7.3 (k) are provisions
requiring the granting of a Lien to any Person on any Collateral if a Lien is granted with respect to such Collateral securing the Obligations (it being understood that any such Lien shall only be permitted if permitted under Section 7.3),
(l) are set forth in any Permitted Refinancing Indebtedness (so long as such restrictions set forth therein are not materially more restrictive than the comparable provisions of the Indebtedness being refinanced) or (m) are customary net
worth provisions contained in real property leases or licenses of Intellectual Property, so long as the Borrower has determined in good faith that such provisions could not reasonably be expected to impair the ability of the Borrower and the other
Loan Parties to satisfy the Obligations. 

  
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 7.13 Clauses Restricting Subsidiary Distributions. Enter into or suffer to exist or
become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary of the Borrower to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any
Indebtedness owed to, the Borrower or any other Restricted Subsidiary of the Borrower or (b) make loans or advances to, or other Investments in, the Borrower or any other Restricted Subsidiary of the Borrower, except for such encumbrances or
restrictions existing under or by reason of (i) any restrictions existing under the Loan Documents, the Bridge Credit Agreement and/or the Senior Unsecured Debt Agreement, (ii) (x) existing on the Closing Date and identified on
Schedule 7.13 and (y) any extension or renewal of such encumbrance or restriction or any agreement evidencing such encumbrance or restriction or any amendment or modification thereof, in each case that does not materially expand the scope of
any such encumbrance or restriction, (iii) any restrictions with respect to a Subsidiary (or the assets or Capital Stock thereof) imposed pursuant to an agreement that has been entered into in connection with the Disposition of all or
substantially all of the Capital Stock or assets of such Subsidiary, (iv) leases or other agreements that are customary and restrict the assignment (or subletting) thereof or relate only to the assets subject thereto, (v) (x) any
restrictions that are binding on a Restricted Subsidiary at the time such Subsidiary is acquired, so long as such restrictions were not entered into solely in contemplation of such Subsidiary becoming a Subsidiary and (y) any renewal or
extension of a restriction or condition permitted by clause (v)(x) or any agreement evidencing such restriction or condition or any amendment or modification thereof that does not materially expand the scope of such restriction or condition,
(vi) any agreement relating to a Disposition permitted hereunder pending such Disposition, provided such restrictions and conditions apply only to the assets subject to such Disposition, (vii) any agreement governing Indebtedness or other
obligations of a Foreign Subsidiary, (viii) customary provisions contained in joint venture agreements and other similar agreements applicable to joint ventures other similar arrangements permitted hereunder, (ix) agreements governing any
purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby and proceeds thereof), (x) any provisions requiring the
granting of a Lien to any Person on any Collateral if a Lien is granted with respect to such Collateral securing the Obligations (it being understood that any such Lien shall be permitted only if permitted under Section 7.3), (xi) any
agreement relating to Permitted Refinancing Indebtedness (so long as such restrictions set forth therein are not materially more restrictive than the comparable provisions of the Indebtedness being refinanced), (xii) are restrictions with
respect to cash collateral so long as the Lien in respect of such cash collateral is permitted under Section 7.3 or (xiii) are customary net worth provisions contained in real property leases or licenses of Intellectual Property, so long
as the Borrower has determined in good faith that such provisions could not reasonably be expected to impair the ability of the Borrower and the other Loan Parties to satisfy the Obligations . 

7.14 Lines of Business. Enter into any business, either directly or through any Restricted Subsidiary, except for those businesses
in which the Borrower and its Restricted Subsidiaries are engaged on the date of this Agreement (after giving effect to the Acquisition) or that are reasonably related thereto. 

7.15 Amendments to Target Acquisition Documents. Amend, supplement or otherwise modify (pursuant to a waiver or otherwise) the
terms and conditions of the Target Acquisition Documentation or any such other documents except for any such amendment, supplement or modification that (i) becomes effective after the Closing Date and (ii) could not reasonably be expected
to have a Material Adverse Effect. 
 7.16 New CFC Entities. (i) Conduct, transact or otherwise engage in, or commit
to conduct, transact or otherwise engage in, any business or operations other than those incidental to its (A) ownership of (x) the IP Assets (it being understood that manufacturing, selling and distributing of products and goods relating
to the IP Assets and engaging in any licensing of IP Assets and any transactions ancillary to the foregoing shall be considered to be incidental to ownership of the IP Assets for purposes hereof) and (y) Capital Stock of any other Non-Domestic
Subsidiary (it being understood that any IP Reorganization Transaction shall be permitted) and (B) organizational existence, (ii) incur, create or assume any Indebtedness or other liabilities or financial obligations, except
(A) pursuant to the New CFC Intercompany Note, (B) nonconsensual obligations imposed by operation of law, (C) obligations with respect to its Capital Stock, (D) franchise taxes, (E) unsecured trade payables incurred in the
ordinary course of business and (F) other unsecured Indebtedness and other obligations in an aggregate principal amount (for all New CFC Entities and together with the aggregate principal amount of unsecured Indebtedness of U.S. Newco) not to
exceed $1,000,000 at any time outstanding, (iii) own, lease, manage or otherwise operate any properties or assets other than the IP Assets, Capital Stock of other Non-Domestic Subsidiaries, the proceeds of any Indebtedness permitted by this
Section 7.16 and other property or assets necessary for the conduct of business otherwise permitted by this Section 7.16 (it being understood that the foregoing shall not prevent any IP Reorganization Transactions that require any New CFC
Entity to temporarily own any property or assets that are not IP Assets and Capital Stock of Non-Domestic Subsidiaries), (iv) permit any Lien to exist upon any of its property or assets, other than nonconsensual Liens imposed by operation of
law and Permitted Encumbrances (other than pursuant to clause (i) of the definition thereof), (v) Dispose of any IP Assets (other than (1) pursuant to Section 7.5(j) or (l), (2) any intercompany Disposition to U.S. Newco, a
Loan Party or another New CFC Entity and (3) any intercompany Disposition to WILP or any of its Subsidiaries so long as the fair market value of all IP Assets so Disposed does not exceed $5,000,000 in the aggregate), (vi) other than in any
IP Reorganization Transaction, merge with or into any Restricted Subsidiary or any other Person, unless the surviving entity is a Domestic Subsidiary, a Loan Party or a New CFC Entity. 

  
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 7.17 U.S. Newco. (i) Incur, create or assume any Indebtedness or other
liabilities or financial obligations, except (A) nonconsensual obligations imposed by operation of law, (B) obligations with respect to its Capital Stock, (C) Guarantee Obligations arising under the Loan Documents, (D) franchise
taxes, (E) unsecured trade payables incurred in the ordinary course of business and (F) other unsecured Indebtedness or other obligations in an aggregate principal amount (with the aggregate principal amount of unsecured Indebtedness of
the New CFC Entities) not to exceed $1,000,000 at any time outstanding, (ii) permit any Lien to exist upon any of its property or assets, other than (A) Liens arising under the Loan Documents or (B) nonconsensual Liens imposed by
operation of law and Permitted Encumbrances (other than pursuant to clause (i) of the definition thereof) or (iii) merge with or into any Restricted Subsidiary or any other Person, unless the surviving entity is a Loan Party or U.S. Newco.

 SECTION 8. EVENTS OF DEFAULT 
 If any of the following events shall occur and be continuing: 

(a) the Borrower shall fail to pay any principal of any Loan or Reimbursement Obligation when due in accordance with the
terms hereof; or the Borrower shall fail to pay any interest on any Loan or Reimbursement Obligation, or any other amount payable hereunder or under any other Loan Document, within five Business Days after any such interest or other amount becomes
due in accordance with the terms hereof; or 
 (b) any representation or warranty made or deemed made by any
Loan Party herein or in any other Loan Document or that is contained in any certificate, document or financial or other statement furnished by it at any time under or in connection with this Agreement or any such other Loan Document shall prove to
have been inaccurate in any material respect on or as of the date made or deemed made; or 
 (c) any Loan Party
shall default in the observance or performance of any agreement contained in clause (i) or (ii) of Section 6.4(a) (with respect to the Borrower only), Section 6.7(a) or Section 7 of this Agreement (and, if such failure
relates to a nonconsensual Lien for which neither (x) the aggregate outstanding principal amount of the obligations secured thereby nor (y) the aggregate fair market value (determined as of the date such Lien is incurred) of the assets
subject thereto exceeds $5,000,000, either (i) such failure shall remain unremedied for 30 calendar days after the earlier of (1) the day on which the President, the Chief Executive Officer, the Chief Financial Officer or the Treasurer of
the Borrower first obtains knowledge of such failure or (2) the day on which notice of such failure is given to the Borrowers by the Administrative Agent or any Lender (the “Commencement Date”) or (ii) the Borrower or its
Restricted Subsidiary, as the case may be, shall fail, before the expiration of 15 calendar days after the Commencement Date, to begin, and at all times thereafter to continue, to contest such nonconsensual Lien in good faith by appropriate legal
proceedings) or Sections 5.5 and 5.7(b) of the Guarantee and Collateral Agreement; or 

  
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 (d) any Loan Party shall default in the observance or performance of any
other agreement contained in this Agreement or any other Loan Document (other than as provided in paragraphs (a) through (c) of this Section), and such default shall continue unremedied for a period of 30 days after notice to the Borrower
from the Administrative Agent or the Required Lenders; or 
 (e) any Group Member shall (i) default in
making any payment of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Loans) on the scheduled or original due date with respect thereto; or (ii) default in making any payment of any interest on any such
Indebtedness beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (iii) default in the observance or performance of any other agreement or condition relating to any such
Indebtedness 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
beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or (in the case of any such Indebtedness
constituting a Guarantee Obligation) to become payable; provided, that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph (e) shall not at any time constitute an Event of Default unless, at
such time, one or more defaults, events or conditions of the type described in clauses (i), (ii) and (iii) of this paragraph (e) shall have occurred and be continuing with respect to Indebtedness the aggregate outstanding principal
amount of which is $30,000,000 or more; or 
 (f) (i) any Group Member shall commence any case, proceeding
or other action (A) under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking
to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee,
custodian, conservator or other similar official for it or for all or any substantial part of its assets; or (ii) there shall be commenced against any Group Member any case, proceeding or other action of a nature referred to in clause
(i) above that (A) results in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed or undischarged for a period of 60 days; or (iii) there shall be commenced against any Group Member
any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have
been vacated, discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or (iv) any Group Member shall take any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts
set forth in clause (i), (ii), or (iii) above; or (v) any Group Member shall generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or (vi) or any Group Member shall make a
general assignment for the benefit of its creditors; or 
 (g) (i) an ERISA Event and or a Foreign Plan
Event shall have occurred; (ii) a trustee shall be appointed by a United States district court to administer any Pension Plan; or (iii) the PBGC shall institute proceedings to terminate any Pension Plan;; and in each case in clauses
(i) through (iii) above, such event or condition, together with all other such events or conditions, if any, could reasonably be expected to result in a Material Adverse Effect; or 

  
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 (h) one or more judgments or decrees shall be entered against any Group
Member involving in the aggregate a liability (not paid or fully covered by insurance as to which the relevant insurance company has not disputed coverage) of $30,000,000 or more, and all such judgments or decrees shall not have been vacated,
discharged, stayed or bonded pending appeal within 30 days from the entry thereof; or 
 (i) any of the Security
Documents shall cease, for any reason, to be in full force and effect in any material respect, or any Loan Party or any Affiliate of any Loan Party shall so assert in writing, or any Lien created by any of the Security Documents on any property with
a fair market value (individually or in the aggregate for all affected properties) of more than $5,000,000 shall cease to be enforceable and of the same effect and priority purported to be created thereby; or 

(j) the guarantee contained in Section 2 of the Guarantee and Collateral Agreement shall cease, for any reason, to
be in full force and effect or any Loan Party or any Affiliate of any Loan Party shall so assert in writing; or 

(k) (i) the acquisition of beneficial ownership, directly or indirectly, by any Person or group (within the meaning
of the Securities Exchange Act of 1934 (the “Exchange Act”) and the rules of the SEC thereunder as in effect on the date hereof), other than Permitted Holders, of Capital Stock representing more than 35% of the aggregate ordinary
voting power represented by the issued and outstanding Capital Stock of the Borrower; or (ii) a Specified Change of Control shall occur; or 
 (l) the subordination provisions contained in any Indebtedness required by the terms hereof to be subordinated to the Obligations shall cease, for any reason, to be in full force and effect in any
material respect or any Loan Party or any Affiliate of any Loan Party shall so assert in writing; 
 then, and in any such event, (A) if
such event is an Event of Default specified in clause (i) or (ii) of paragraph (f) above with respect to the Borrower, automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon) and all
other amounts owing under this Agreement and the other Loan Documents (including all amounts of L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required thereunder) shall
immediately become due and payable, and (B) if such event is any other Event of Default, either or both of the following actions may be taken: (i) 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 declare the Revolving Commitments to be terminated forthwith, whereupon the Revolving Commitments shall immediately terminate; and (ii) 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, declare the Loans (with accrued interest thereon) and all other amounts owing under this
Agreement and the other Loan Documents (including all amounts of L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required thereunder) to be due and payable forthwith,
whereupon the same shall immediately become due and payable. 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 this paragraph, the Borrower shall at
such time 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 other obligations of the
Borrower hereunder and under the other Loan Documents. After all such Letters of Credit shall have expired or been fully drawn upon, all Reimbursement Obligations shall have been satisfied and all other obligations of the Borrower hereunder and
under the other Loan Documents shall have been paid in full, the balance, if any, in such cash collateral account shall be returned to the Borrower (or such other Person as may be lawfully entitled thereto). Except as expressly provided above in
this Section, presentment, demand, protest and all other notices of any kind are hereby expressly waived by the Borrower. 

  
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 SECTION 9. THE AGENTS 

9.1 Appointment. Each Lender hereby irrevocably designates and appoints each of the Administrative Agent and the Foreign Currency
Agent as the agent of such Lender under this Agreement and the other Loan Documents, and each such Lender irrevocably authorizes each of the Administrative Agent and the Foreign Currency Agent, in their respective capacities, to take such action on
its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are expressly delegated to the Administrative Agent or the Foreign Currency Agent, as applicable, by the terms of
this Agreement and the other Loan Documents, together with such other powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, neither the Administrative Agent nor the Foreign Currency
Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into
this Agreement or any other Loan Document or otherwise exist against the Administrative Agent. 
 9.2 Delegation of
Duties. Each of the Administrative Agent and the Foreign Currency Agent may execute any of its duties under this Agreement and the other Loan Documents by or through agents or attorneys-in-fact and shall be entitled to advice of counsel
concerning all matters pertaining to such duties. Neither the Administrative Agent nor the Foreign Currency Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in-fact selected by it with reasonable care.

 9.3 Exculpatory Provisions. Neither any Agent nor any of their respective officers, directors, employees, agents,
advisors, attorneys-in-fact or affiliates shall be (i) liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except to the extent that any of the
foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence or willful misconduct) or (ii) responsible in any manner to any of the Lenders
for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for
in, or received by the Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any
failure of any Loan Party a party thereto to perform its obligations hereunder or thereunder. The Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements
contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. 

  
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 9.4 Reliance by Administrative Agent and the Foreign Currency Agent. Each of the
Administrative Agent and the Foreign Currency Agent shall be entitled to rely, and shall be fully protected in relying, upon any instrument, writing, resolution, notice, consent, certificate, affidavit, letter, telecopy or email message, statement,
order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons and upon advice and statements of legal counsel (including counsel to the Borrower), independent
accountants and other experts selected by the Administrative Agent. Each of the Administrative Agent and the Foreign Currency Agent may deem and treat the payee of any Note as the owner thereof for all purposes unless a written notice of assignment,
negotiation or transfer thereof shall have been filed with the Administrative Agent. Each of the Administrative Agent and the Foreign Currency Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other
Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or, if so specified by this Agreement, all Lenders) as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against
any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. Each of the Administrative Agent and the Foreign Currency Agent shall in all cases be fully protected in acting, or in refraining
from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required Lenders (or, if so specified by this Agreement, all Lenders), and such request and any action taken or failure to act pursuant thereto shall
be binding upon all the Lenders and all future holders of the Loans. 
 9.5 Notice of Default. The Administrative Agent
shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Administrative Agent has received notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of
Default and stating that such notice is a “notice of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such
action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all Lenders); provided that unless and until the Administrative Agent shall have received
such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.

 9.6 Non-Reliance on Agents and Other Lenders. Each Lender expressly acknowledges that neither the Agents nor any of
their respective officers, directors, employees, agents, advisors, attorneys-in-fact or affiliates have made any representations or warranties to it and that no act by any Agent hereafter taken, including any review of the affairs of a Loan Party or
any affiliate of a Loan Party, shall be deemed to constitute any representation or warranty by any Agent to any Lender. Each Lender represents to the Agents that it has, independently and without reliance upon any Agent or any other Lender, and
based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates
and made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents that it will, independently and without reliance upon any Agent or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigation as it deems necessary to inform
itself as to the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the
Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise),
prospects or creditworthiness of any Loan Party or any affiliate of a Loan Party that may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, advisors, attorneys-in-fact or affiliates.

  
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 9.7 Indemnification. The Lenders agree to indemnify each Agent and its officers,
directors, employees, affiliates, agents, advisors and controlling persons (each, an “Agent Indemnitee”) (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower to do so), ratably according
to their respective Aggregate Exposure Percentages in effect on the date on which indemnification is sought under this Section (or, if indemnification is sought after the date upon which the Commitments shall have terminated and the Loans shall have
been paid in full, ratably in accordance with such Aggregate Exposure Percentages immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements of any kind whatsoever that may at any time (whether before or after the payment of the Loans) be imposed on, incurred by or asserted against such Agent Indemnitee in any way relating to or arising out of, the Commitments, this
Agreement, any of the other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by such Agent Indemnitee under or in connection with any
of the foregoing; provided that no Lender shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a final and
nonappealable decision of a court of competent jurisdiction to have resulted from such Agent Indemnitee’s gross negligence or willful misconduct. The agreements in this Section shall survive the termination of this Agreement and the payment of
the Loans and all other amounts payable hereunder. 
 9.8 Agent in Its Individual Capacity. Each Agent and its affiliates
may make loans to, accept deposits from and generally engage in any kind of business with any Loan Party as though such Agent were not an Agent. With respect to its Loans made or renewed by it and with respect to any Letter of Credit issued or
participated in by it, each Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not an Agent, and the terms “Lender” and
“Lenders” shall include each Agent in its individual capacity. 
 9.9 Successor Administrative Agent and Foreign
Currency Agent. (a) The Administrative Agent may resign as Administrative Agent upon 30 days’ notice to the Lenders and the Borrower. If the Administrative Agent shall resign as Administrative Agent under this Agreement and the other
Loan Documents, then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall (unless an Event of Default under Section 8(a) or Section 8(f) with respect to the Borrower shall
have occurred and be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and
the term “Administrative Agent” shall mean such successor agent effective upon such appointment and approval, and the former Administrative Agent’s rights, powers and duties as Administrative Agent shall be terminated, without any
other or further act or deed on the part of such former Administrative Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Administrative Agent by the date that is 30 days
following a retiring Administrative Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the duties of the
Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor agent as provided for above. After any retiring Administrative Agent’s resignation as Administrative Agent, the provisions of this
Section 9 and of Section 10.5 shall continue to inure to its benefit. 

  
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 (b) The Foreign Currency Agent may resign as Foreign Currency Agent upon 10 days’
notice to the Lenders, the Borrower and the Administrative Agent. If the Foreign Currency Agent shall resign as Foreign Currency Agent under this Agreement and the other Loan Documents, then the Required Lenders shall appoint from among the Lenders
a successor agent for the Lenders, which successor agent shall (unless an Event of Default under Section 8(a) or Section 8(f) with respect to the Borrower shall have occurred and be continuing) be subject to approval by the Borrower (which
approval shall not be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Foreign Currency Agent, and the term “Foreign Currency Agent” shall mean such successor agent
effective upon such appointment and approval, and the former Foreign Currency Agent’s rights, powers and duties as Foreign Currency Agent shall be terminated, without any other or further act or deed on the part of such former Foreign Currency
Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Foreign Currency Agent by the date that is 10 days following a retiring Foreign Currency Agent’s notice of resignation,
the retiring Foreign Currency Agent’s resignation shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the duties of the Foreign Currency Agent hereunder until such time, if any, as the Required Lenders
appoint a successor agent as provided for above. After any retiring Foreign Currency Agent’s resignation as Foreign Currency Agent, the provisions of this Section 9 and of Section 10.5 shall continue to inure to its benefit.

 9.10 Arrangers, Documentation Agents and Syndication Agent. Neither the Arrangers, the Documentation Agents nor the
Syndication Agent shall have any duties or responsibilities hereunder in their respective capacities as such. 
 SECTION 10.
MISCELLANEOUS 
 10.1 Amendments and Waivers. Neither this Agreement, any other Loan Document, nor any terms hereof or
thereof may be amended, supplemented or modified except in accordance with the provisions of this Section 10.1. The Required Lenders and each Loan Party party to the relevant Loan Document may, or, with the written consent of the Required
Lenders, the Administrative Agent and each Loan Party party to the relevant Loan Document may, from time to time, (a) enter into written amendments, supplements or modifications hereto and to the other Loan Documents for the purpose of adding
any provisions to this Agreement or the other Loan Documents or changing in any manner the rights of the Lenders or of the Loan Parties hereunder or thereunder or (b) waive, on such terms and conditions as the Required Lenders or the
Administrative Agent, as the case may be, may specify in such instrument, any of the requirements of this Agreement or the other Loan Documents or any Default or Event of Default and its consequences; provided, however, that no such
waiver and no such amendment, supplement or modification shall (i) forgive the principal amount or extend the final scheduled date of maturity of any Loan, extend the scheduled date of any amortization payment in respect of any Term Loan,
reduce the stated rate of any interest or fee payable hereunder (except (x) in connection with the waiver of applicability of any post-default increase in interest rates (which waiver shall be effective with the consent of the Majority Facility
Lenders of each adversely affected Facility) and (y) that any amendment or modification of the financial covenants in this agreement (or defined terms used in the financial covenants in this Agreement) shall not constitute a reduction in the
rate of interest or fees for purposes of this clause (i)) or extend the scheduled date of any payment thereof, or increase the amount or extend the expiration date of any Lender’s Revolving Commitment, in each case without the written consent
of each Lender directly affected thereby; (ii) eliminate or reduce the voting rights of any Lender under this Section 10.1 without the written consent of such Lender; (iii) reduce any percentage specified in the definition of Required
Lenders, consent to the assignment or transfer by the Borrower of any of its rights and obligations under this Agreement and the other Loan Documents, release all or substantially all of the Collateral or release all or substantially all of the
Subsidiary Guarantors from their obligations under the Guarantee and Collateral Agreement, in each case without the written consent of all Lenders; (iv) amend, modify or waive any provision of Section 2.18 without the written consent of
each Lender directly and adversely affected thereby; (v) reduce the percentage specified in the definition of Majority Facility Lenders with respect to any Facility without the written consent of all Lenders under such Facility;
(vi) amend, modify or waive any provision of Section 6.5 of the Guarantee and Collateral Agreement with respect to the order in which the proceeds of Collateral are applied or the pro rata sharing provisions set forth therein without the
written consent of each Lender directly and adversely affected thereby; (vii) amend, modify or waive any provision of Section 9 or any other provision of any Loan Document that affects the Administrative Agent or the Foreign Currency Agent
without the written consent of the Administrative Agent or the Foreign Currency Agent, as applicable; (viii) amend, modify or waive any provision of Section 2.6 or 2.7 without the written consent of the Swingline Lender; or
(ix) amend, modify or waive any provision of Section 3 without the written consent of the Issuing Lender. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the Lenders and shall be binding
upon the Loan Parties, the Lenders, the Administrative Agent and all future holders of the Loans. In the case of any waiver, the Loan Parties, the Lenders and the Administrative Agent shall be restored to their former position and rights hereunder
and under the other Loan Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing; but no such waiver shall extend to any subsequent or other Default or Event of Default, or impair any right consequent
thereon. 

  
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 Notwithstanding the foregoing, this Agreement may be amended (or amended and restated) with
the written consent of the Required Lenders, the Administrative Agent and the Borrower (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the
accrued interest and fees in respect thereof to share in the benefits of this Agreement and the other Loan Documents with the Term Loans and Revolving Extensions of Credit and the accrued interest and fees in respect thereof and (b) to include
appropriately the Lenders holding such credit facilities in any determination of the Required Lenders and Majority Facility Lenders. 
 In addition, notwithstanding the foregoing, this Agreement may be amended with the written consent of the Administrative Agent, the Borrower and the Lenders providing the relevant Replacement Term Loans
(as defined below) to permit the refinancing, replacement or modification of all outstanding Tranche A Term Loans or all outstanding Tranche B Term Loans (“Replaced Term Loans”) with a replacement term loan tranche hereunder
(“Replacement Term Loans”), provided that (a) the aggregate principal amount of such Replacement Term Loans shall not exceed the aggregate principal amount of such Replaced Term Loans, (b) the Applicable Margin for
such Replacement Term Loans shall not be higher than the Applicable Margin for such Replaced Term Loans and (c) the weighted average life to maturity of such Replacement Term Loans shall not be shorter than the weighted average life to maturity
of such Replaced Term Loans at the time of such refinancing. 
 Furthermore, notwithstanding the foregoing, (i) the
Administrative Agent and the Borrower may amend, modify or supplement any Loan Document without the consent of any Lender or the Required Lenders in order to correct, amend or cure any ambiguity, inconsistency or defect or correct any typographical
error or other manifest error in any Loan Document and (ii) prior to the Closing Date, the Administrative Agent, with the consent of the Borrower, may amend, modify or supplement this Agreement without the consent of any Lender or the Required
Lenders so long as the Lenders shall have received at least five Business Days’ prior written notice thereof and the Administrative Agent shall not have received, within five Business Days of the date of such notice to the Lenders, a written
notice from Lenders constituting the Required Lenders stating that such Lenders object to such amendment; provided that in no event shall any such amendment, modification or supplement amend any provision requiring, in accordance with the
first paragraph of this Section 10.1, the consent of each of the Lenders or each of the Lenders affected thereby. 

  
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 10.2 Notices. All notices, requests and demands to or upon the respective parties
hereto to be effective shall be in writing (including by telecopy), and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered, or three Business Days after being deposited in the mail, postage
prepaid, or, in the case of telecopy notice, when received, addressed as follows in the case of the Borrower, the Administrative Agent and the Foreign Currency Agent, and as set forth in an administrative questionnaire delivered to the
Administrative Agent in the case of the Lenders, or to such other address as may be hereafter notified by the respective parties hereto: 
  

			
	 Borrower:
	  	Wolverine World Wide, Inc.
		  	 9341 Courtland Drive N.E.

Rockford, Michigan 49351
 Attention: Donald T.
Grimes

		  	Telecopy: 616-866-0257
		  	Telephone: 616-863-4404
		
	Administrative Agent (and with respect to any notices to JPMorgan Chase Bank, N.A., as Issuing Lender):	  	JPMorgan Chase Bank, N.A.
	  	10 South Dearborn, 7th Floor
	  	Chicago, Illinois 60603
	  	
	  	
		
		  	Attention: April Yebd
		  	Telecopy: 888-292-9533
		  	Telephone: 312-732-2628
		  	Email: jpm.agency.servicing.4@jpmchase.com
		
	 Foreign Currency Agent:
	  	J.P. Morgan Europe Limited
		  	125 London Wall
		  	London EC2Y 5AJ
		  	Attention: The Manager, Loan & Agency Services
		  	Telecopy: 44-207-777-2360

 provided that any notice, request or demand to or upon the Administrative Agent or the Lenders shall not be
effective until received. 
 Notices and other communications to the Lenders hereunder may be delivered or furnished by
electronic communications pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Section 2 unless otherwise agreed by the Administrative Agent and the applicable
Lender. The Administrative Agent, the Foreign Currency 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. 
 10.3 No Waiver; Cumulative
Remedies. No failure to exercise and no delay in exercising, on the part of the Administrative Agent or any Lender, any right, remedy, power or privilege hereunder or under the other Loan Documents shall operate as a waiver thereof; nor shall
any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein
provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. 

  
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 10.4 Survival of Representations and Warranties. All representations and warranties
made hereunder, in the other Loan Documents and in any document, certificate or statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Agreement and the making of the Loans and other extensions
of credit hereunder. 
 10.5 Payment of Expenses and Taxes. The Borrower agrees (a) to pay or reimburse each of the
Administrative Agent and the Arrangers for all its reasonable and invoiced costs and expenses incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification to, this Agreement and the other
Loan Documents and any other documents prepared in connection herewith or therewith, and the consummation and administration of the transactions contemplated hereby and thereby, including the reasonable fees and disbursements of one counsel to the
Administrative Agent and the Arrangers, one firm of regulatory counsel and one firm of local counsel in each appropriate jurisdiction and other counsel retained with the Borrower’s consent (such consent not to be unreasonably withheld or
delayed) and filing and recording fees and expenses, with statements with respect to the foregoing to be submitted to the Borrower prior to the Closing Date (in the case of amounts to be paid on the Closing Date) and from time to time thereafter on
a quarterly basis or such other periodic basis as the Administrative Agent shall deem appropriate, (b) to pay or reimburse each Lender, the Issuing Lender, the Swingline Lender, the Foreign Currency Agent and the Administrative Agent for all
its reasonable and invoiced costs and expenses incurred in connection with the enforcement or preservation of any rights under this Agreement, the other Loan Documents and any such other documents, including the fees and disbursements of one counsel
to the Lenders and the Administrative Agent, one firm of local counsel in each appropriate jurisdiction and other counsel retained with the Borrower’s consent (not to be unreasonably withheld or delayed) (provided that in the case of an
actual (or perceived, if set forth in a writing by the affected party to the Borrower) conflict of interest, where the affected party informs the Borrower of such conflict and thereafter retains its own counsel, of another firm of counsel for such
affected party), (c) to pay, indemnify, and hold each Lender, the Issuing Lender, the Swingline Lender, the Foreign Currency Agent and the Administrative Agent harmless from, any and all recording and filing fees and any and all liabilities
with respect to, or resulting from the Borrower’s delay in paying, stamp, excise and other similar Taxes, if any, that may be payable or determined to be payable in connection with the execution and delivery of, or consummation or
administration of any of the transactions contemplated by, or any amendment, supplement or modification of, or any waiver or consent under or in respect of, this Agreement, the other Loan Documents and any such other documents, (d) to pay or
reimburse each Foreign Currency Lender or the Issuing Lender for all of its reasonable and invoiced losses, costs or expenses sustained in connection with any conversion of Obligations, fees, payments or any other amounts payable to such Foreign
Currency Lender or the Issuing Lender, as applicable, from any currency other than Dollars to its Dollar Equivalent; provided that such conversion shall have resulted from the Borrower’s failure to comply with its obligations hereunder
and (e) to pay, indemnify, and hold each Lender, the Issuing Lender, the Swingline Lender, the Foreign Currency Agent and the Administrative Agent, their respective affiliates, and their respective officers, directors, employees, agents,
advisors and controlling persons (each, an “Indemnitee”) harmless from and against any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or
nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents and any such other documents, including any claim, litigation, investigation or proceeding regardless
of whether any Indemnitee is a party thereto and whether or not the same are brought by the Borrower, its equity holders, affiliates or creditors or any other Person, including any of the foregoing relating to the use of proceeds of the Loans or the
violation of, noncompliance with or liability under, any Environmental Law applicable to the operations of any Group Member or any of the Properties and the reasonable fees and expenses of one firm of counsel for all Indemnitees and, if necessary,
one firm of regulatory counsel and one firm of local counsel in each appropriate jurisdiction for all Indemnitees (provided that in the case of an actual (or perceived, if set forth in a writing by the affected Indemnitee to the Borrower)
conflict of interest, where 

  
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 the Indemnitee informs the Borrower of such conflict and thereafter retains its own counsel, the reasonable
and invoiced costs and expenses of another firm of counsel for such affected Indemnitee), in connection with claims, actions or proceedings by any Indemnitee against any Loan Party under any Loan Document (all the foregoing in this clause (e),
collectively, the “Indemnified Liabilities”), provided, that the Borrower shall have no obligation hereunder to any Indemnitee with respect to Indemnified Liabilities to the extent such Indemnified Liabilities are found by a
final and nonappealable decision of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of, or material breach of any Loan Document by, such Indemnitee, provided, further, that this
Section 10.5(e) shall not apply with respect to Taxes other than any Taxes that represent losses or damages arising from any non-Tax claim, and provided further that this Section 10.5(e) shall not require the reimbursement of
costs, expenses and disbursements of any Indemnitee incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification to, this Agreement and the other Loan Documents (it being understood that
any reimbursement in connection with such costs, expenses and disbursements shall be governed by Section 10.5(a)). Without limiting the foregoing, and to the extent permitted by applicable law, the Borrower agrees not to assert and to cause its
Subsidiaries not to assert, and hereby waives and agrees to cause its Subsidiaries to waive, all rights for contribution or any other rights of recovery with respect to all claims, demands, penalties, fines, liabilities, settlements, damages, costs
and expenses of whatever kind or nature, under or related to Environmental Laws, that any of them might have by statute or otherwise against any Indemnitee. No Indemnitee shall be liable for any damages arising from the use by others of information
or other materials obtained through electronic, telecommunications or other information transmission systems, except to the extent any such damages are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted
from the gross negligence or willful misconduct of such Indemnitee or a material breach of any Loan Document by such Indemnitee. No Indemnitee shall be liable for any indirect, special, exemplary, punitive or consequential damages in connection with
this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby. All amounts due under this Section 10.5 shall be payable not later than 10 days after written demand therefor. Statements payable by the Borrower
pursuant to this Section 10.5 shall be submitted to Donald T. Grimes (Telephone No. 616-863-4404) (Telecopy No. 616-866-0257), at the address of the Borrower set forth in Section 10.2, or to such other Person or address as may be
hereafter designated by the Borrower in a written notice to the Administrative Agent. The agreements in this Section 10.5 shall survive the termination of this Agreement and the repayment of the Loans and all other amounts payable hereunder.

 10.6 Successors and Assigns; Participations and Assignments. (a) 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 (including any affiliate of the Issuing Lender that issues any Letter of Credit), except that (i) the Borrower may not
assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender
may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. 
 (b)(i) Subject
to the conditions set forth in paragraph (b)(ii) below, any Lender may assign to one or more assignees (each, an “Assignee”), other than a natural person, the Borrower or any Affiliate of the Borrower, all or a portion of its rights
and obligations under this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of: 

(A) the Borrower, provided that no consent of the Borrower shall be required for an assignment to a Lender, an
affiliate of a Lender, an Approved Fund (as defined below) or, if an Event of Default under Section 8(a) or (f) has occurred and is continuing, any other Person; and provided, further, that the Borrower shall be deemed to
have consented to any such assignment unless the Borrower shall object thereto by written notice to the Administrative Agent within 10 Business Days after having received notice thereof; 

  
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 (B) the Administrative Agent, provided that no consent of the
Administrative Agent shall be required for an assignment of all or any portion of a Term Loan to a Lender, an affiliate of a Lender or an Approved Fund; and 
 (C) the Issuing Lender; provided that no consent of the Issuing Lender shall be required (i) for an assignment of all or any portion of a Term Loan or (ii) if the Issuing Lender’s
exposure in respect of Letters of Credit issued by it is less than $1,000,000. 
 (ii) Assignments shall be
subject to the following additional conditions: 
 (A) except in the case of an assignment to a Lender, an
affiliate of a Lender or an Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s Commitments or Loans under any Facility, the amount of the Commitments or 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) shall not be less than $5,000,000 (or, in the case of the Tranche A Term Facility, the Tranche B Term
Facility and any Incremental Term Facility, $1,000,000) unless each of the Borrower and the Administrative Agent otherwise consent, provided that (1) no such consent of the Borrower shall be required if an Event of Default has occurred
and is continuing and (2) such amounts shall be aggregated in respect of each Lender and its affiliates or Approved Funds, if any; 
 (B) (1) 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 and (2) the
assigning Lender shall have paid in full any amounts owing by it to the Administrative Agent; and 

(C) the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an administrative
questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower and its Affiliates and their related parties or their respective
securities) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable laws, including Federal and state securities laws. 

For the purposes of this Section 10.6, “Approved Fund” means any Person (other than a natural person) that is
engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business and 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. 

  
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 Notwithstanding anything to the contrary set forth in this Agreement or any other Loan
Document, any Lender may assign all or a portion of its Term Loans (or Incremental Term Loans) to the Borrower at a price below the par value thereof; provided that any such assignment shall be subject to the following additional conditions:
(1) no Default or Event of Default shall have occurred and be continuing immediately before and after giving effect to such assignment, (2) on the date of effectiveness of such purchase and assignment, there shall be no more than
$50,000,000 in aggregate amount of Revolving Loans and Swingline Loans outstanding, (3) no proceeds of Revolving Loans, Swingline Loans or Letters of Credit shall be used to fund such purchase and assignment, (4) any such offer to purchase
shall be offered to all Term Lenders of a particular tranche on a pro rata basis, with mechanics to be agreed by the Administrative Agent and the Borrower, (5) any Loans so purchased shall be immediately cancelled and retired and (6) the
Borrower shall provide, as of the date of its offer to purchase and as of the date of the effectiveness of such purchase and assignment, a customary representation and warranty that it is not in possession of any material non-public information with
respect to the Borrower, its Subsidiaries or their respective securities that (i) has not been disclosed to the assigning Lender prior to such date and (ii) could reasonably be expected to have a material effect upon, or otherwise be
material to, a Lender’s decision to assign Loans to the Borrower (in each case, other than because such assigning Lender does not wish to receive material non-public information with respect to the Borrower, its Subsidiaries or their respective
securities). 
 (iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) below, from and after the
effective date specified in each Assignment and Assumption the Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of
the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.19, 2.20, 2.21 and 10.5). Any assignment or transfer by a
Lender of rights or obligations under this Agreement that does not comply with this Section 10.6 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 (c) of this Section. 
 (iv) The Administrative Agent, acting for this purpose as an agent of the Borrower, shall
maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amount (and stated interest) of the Loans and
L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent, the Issuing Lender 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, notwithstanding notice to the contrary. 

(v) Upon its receipt of a duly completed Assignment and Assumption executed by an assigning Lender and an Assignee, the Assignee’s
completed administrative questionnaire (unless the Assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) of this Section and any written consent to such assignment required by paragraph
(b) of this Section, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded
in the Register as provided in this paragraph. 

  
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 (c) Any Lender may, without the consent of the Borrower or the Administrative Agent, sell
participations to one or more banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitments and 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 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. Any agreement 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 may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver that (i) requires the consent of each Lender directly affected thereby pursuant to the proviso to the second
sentence of Section 10.1 and (ii) directly affects such Participant. 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 2.23 with respect to any Participant. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.19, 2.20 and 2.21 (subject to the requirements and limitations therein, including the
requirements under Section 2.20(f) (it being understood that the documentation required under Section 2.20(f) 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 (i) agrees to be subject to the provisions of Sections 2.19 and 2.20 as if it were an assignee under paragraph (b) of this Section and
(ii) shall not be entitled to receive any greater payment under Sections 2.19 or 2.20, 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 an adoption of or any change in any Requirement of Law or in the interpretation or application thereof or compliance by any Lender with any request or directive (whether or not having the force of law) from any central
bank or other Governmental Authority made subsequent to the date hereof that occurs after the Participant acquired the applicable participation. To the extent permitted by law, each Participant also shall be entitled to the benefits of
Section 10.7(b) as though it were a Lender, provided such Participant shall be subject to Section 10.7(a) as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an agent of the Borrower,
maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the 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 to any Person (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) except to the Borrower (upon request) or otherwise 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. 
 (d) 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 any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not
apply to any such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or Assignee for such
Lender as a party hereto. The Borrower, upon receipt of written notice from the relevant Lender, agrees to issue Notes to any Lender requiring Notes to facilitate transactions of the type described in this paragraph (d). 

10.7 Adjustments; Set-off. (a) Except to the extent that this Agreement or a court order expressly provides for payments to
be allocated to a particular Lender or to the Lenders under a particular Facility, if any Lender (a “Benefitted Lender”) shall receive any payment of all or part of the Obligations owing to it (other than in connection with an
assignment made pursuant to Section 10.6), or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events or proceedings of the nature referred to in Section 8(f), or otherwise), in a
greater proportion than any such payment to or collateral received by any other Lender, if any, in respect of the Obligations owing to such other Lender, such Benefitted Lender shall purchase for cash from the other Lenders a participating interest
in such portion of the Obligations owing to each such other Lender, or shall provide such other Lenders with the benefits of any such collateral, as shall be necessary to cause such Benefitted Lender to share the excess payment or benefits of such
collateral ratably with each of the Lenders; provided, however, that if all or any portion of such excess payment or benefits is thereafter recovered from such Benefitted Lender, such purchase shall be rescinded, and the purchase price
and benefits returned, to the extent of such recovery, but without interest. 

  
 112

 (b) In addition to any rights and remedies of the Lenders provided by law, each Lender shall
have the right, without notice to the Borrower, any such notice being expressly waived by the Borrower to the extent permitted by applicable law, with the prior written consent of the Administrative Agent, upon any Obligations becoming due and
payable by the Borrower (whether at the stated maturity, by acceleration or otherwise), to apply to the payment of such Obligations, by setoff or otherwise, any and all deposits (general or special, time or demand, provisional or final), in any
currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Lender, any affiliate thereof or any of their
respective branches or agencies to or for the credit or the account of the Borrower; provided that if any Defaulting Lender shall exercise any such right of setoff, (i) all amounts so set off shall be paid over immediately to the
Administrative Agent for further application in accordance with the provisions of this Agreement 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 (ii) 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 set-off. Each Lender agrees promptly to notify the Borrower and the Administrative Agent after any such application made by such Lender, provided that the failure to give such notice
shall not affect the validity of such application. 
 10.8 Counterparts. This Agreement may be executed by one or more of
the parties to this Agreement on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by email or
facsimile transmission shall be effective as delivery of a manually executed counterpart hereof. A set of the copies of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent. 

10.9 Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. 
 10.10 Integration. Except as otherwise set forth in the Commitment Letter,
dated May 1, 2012, or the Fee Letter, dated May 1, 2012, this Agreement and the other Loan Documents represent the entire agreement of the Borrower, the Administrative Agent and the Lenders with respect to the subject matter hereof and
thereof, and there are no promises, undertakings, representations or warranties by the Administrative Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents. 

10.11 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED
BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

  
 113

 10.12 Submission To Jurisdiction; Waivers. The Borrower hereby irrevocably and
unconditionally: 
 (a) submits for itself and its property in any legal action or proceeding relating to this
Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the exclusive jurisdiction of the courts of the State of New York, the courts of the United States for the
Southern District of New York, and appellate courts from any thereof; provided, that nothing contained herein or in any other Loan Document will prevent any Lender or the Administrative Agent from bringing any action to enforce any award
or judgment or exercise any right under the Security Documents or against any Collateral or any other property of any Loan Party in any other forum in which jurisdiction can be established; 

(b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or
hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same; 

(c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by
registered or certified mail (or any substantially similar form of mail), postage prepaid, to the Borrower at its address set forth in Section 10.2 or at such other address of which the Administrative Agent shall have been notified pursuant
thereto; 
 (d) agrees that nothing herein shall affect the right to effect service of process in any other
manner permitted by law; and 
 (e) waives, to the maximum extent not prohibited by law, any right it may have
to claim or recover in any legal action or proceeding referred to in this Section any indirect, special, exemplary, punitive or consequential damages. 
 10.13 Acknowledgements. The Borrower hereby acknowledges and agrees that (a) no fiduciary, advisory or agency relationship between the Loan Parties and the Credit Parties is intended to be or
has been created in respect of any of the transactions contemplated by this Agreement or the other Loan Documents, irrespective of whether the Credit Parties have advised or are advising the Loan Parties on other matters, and the relationship
between the Credit Parties, on the one hand, and the Loan Parties, on the other hand, in connection herewith and therewith is solely that of creditor and debtor, (b) the Credit Parties, on the one hand, and the Loan Parties, on the other hand,
have an arm’s length business relationship that does not directly or indirectly give rise to, nor do the Loan Parties rely on, any fiduciary duty to the Loan Parties or their affiliates on the part of the Credit Parties, (c) the Loan
Parties are capable of evaluating and understanding, and the Loan Parties understand and accept, the terms, risks and conditions of the transactions contemplated by this Agreement and the other Loan Documents, (d) the Loan Parties have been
advised that the Credit Parties are engaged in a broad range of transactions that may involve interests that differ from the Loan Parties’ interests and that the Credit Parties have no obligation to disclose such interests and transactions to
the Loan Parties, (e) the Loan Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent the Loan Parties have deemed appropriate in the negotiation, execution and delivery of this Agreement and the other
Loan Documents, (f) each Credit Party has been, is, and will be acting solely as a principal and, except as otherwise expressly agreed in writing by it and the relevant parties, has not been, is not, and will not be acting as an advisor, agent
or fiduciary for the Loan Parties, any of their affiliates or any other Person, (g) none of the Credit Parties has any obligation to the Loan Parties or their affiliates with respect to the transactions contemplated by this Agreement or the
other Loan Documents except those obligations expressly set forth herein or therein or in any other express writing executed and delivered by such Credit Party and the Loan Parties or any such affiliate and (h) no joint venture is created
hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Credit Parties or among the Loan Parties and the Credit Parties. 

  
 114

 10.14 Releases of Guarantees and Liens. (a) Notwithstanding anything to the
contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 10.1) to take
any action requested by the Borrower having the effect of releasing any Collateral or guarantee obligations (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or that has been consented to
in accordance with Section 10.1 or (ii) under the circumstances described in paragraph (b) below. 
 (b)
Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required
by Section 10.1) to take any action requested by the Borrower having the effect of releasing any guarantee obligations with respect to any Subsidiary Guarantor that has become an Immaterial Subsidiary or an Excluded Foreign Subsidiary.

 (c) At such time as the Loans, the Reimbursement Obligations and the other obligations under the Loan Documents (other than
obligations under or in respect of Specified Swap Agreements, Specified Cash Management Agreements and/or contingent indemnification obligations) shall have been paid in full, the Commitments have been terminated and no Letters of Credit shall be
outstanding (the date of the occurrence of the foregoing, the “Termination Date”), the Collateral shall be released from the Liens created by the Security Documents, and the Security Documents and all obligations (other than those
expressly stated to survive such termination) of the Administrative Agent and each Loan Party under the Security Documents shall terminate, all without delivery of any instrument or performance of any act by any Person. 

10.15 Judgment Currency. 
 (a) The Loan Parties’ obligations hereunder and under the other Loan Documents to make payments in Dollars shall not be discharged or satisfied by any tender or recovery pursuant to any judgment
expressed in or converted into any currency other than Dollars, except to the extent that such tender or recovery results in the effective receipt by the Administrative Agent, the respective Lender or Issuing Bank of the full amount of Dollars
expressed to be payable to the Administrative Agent or such Lender or Issuing Bank under this Agreement or the other Loan Documents. If, for the purpose of obtaining or enforcing judgment against any Loan Party in any court or in any jurisdiction,
it becomes necessary to convert into or from any currency other than Dollars (such other currency being hereinafter referred to as the “Judgment Currency”) an amount due in Dollars, the conversion shall be made at the Dollar
Equivalent determined as of the Business Day immediately preceding the day on which the judgment is given (such Business Day being hereinafter referred to as the “Judgment Currency Conversion Date”). 

(b) If there is a change in the rate of exchange prevailing between the Judgment Currency Conversion Date and the date of actual payment
of the amount due, the Loan Parties shall pay, or cause to be paid, such additional amounts, if any (but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the rate of
exchange prevailing on the date of payment, will produce the amount of Dollars which could have been purchased with the amount of Judgment Currency stipulated in the judgment or judicial award at the rate of exchange prevailing on the Judgment
Currency Conversion Date. 

  
 115

 (c) For purposes of determining the Dollar Equivalent or any other rate of exchange for this
Section 10.15, such amounts shall include any premium and costs payable in connection with the purchase of Dollars. 

10.16 Confidentiality. Each of the Administrative Agent and each Lender agrees to keep confidential all non-public information
provided to it by any Loan Party, the Administrative Agent or any Lender pursuant to or in connection with this Agreement that is designated by the provider thereof as confidential; provided that nothing herein shall prevent the
Administrative Agent or any Lender from disclosing any such information (a) to the Administrative Agent, any other Lender or any affiliate thereof, (b) subject to an agreement to comply with the provisions of this Section, to any actual or
prospective Transferee or any direct or indirect counterparty to any Swap Agreement (or any professional advisor to such counterparty), (c) to its employees, directors, agents, attorneys, accountants and other professional advisors or those of
any of its affiliates, in each case, who are instructed to comply with the confidentiality provisions herein, (d) upon the request or demand of any Governmental Authority, (e) in response to any order of any court or other Governmental
Authority or as may otherwise be required pursuant to any Requirement of Law, (f) if requested or required to do so in connection with any litigation or similar proceeding, (g) that has been publicly disclosed, (h) to the National
Association of Insurance Commissioners or any similar organization or any nationally recognized rating agency that requires access to information about a Lender’s investment portfolio in connection with ratings issued with respect to such
Lender, or (i) in connection with the exercise of any remedy hereunder or under any other Loan Document, or (j) if agreed in writing by the Borrower in its sole discretion, to any other Person. 

Each Lender acknowledges that information furnished to it pursuant to this Agreement or the other Loan Documents may include material
non-public information concerning the Borrower and its Affiliates and their related parties or their respective securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it
will handle such material non-public information in accordance with those procedures and applicable law, including Federal and state securities laws. 
 All information, including requests for waivers and amendments, furnished by the Borrower or the Administrative Agent pursuant to, or in the course of administering, this Agreement or the other Loan
Documents will be syndicate-level information, which may contain material non-public information about the Borrower and its Affiliates and their related parties or their respective securities. Accordingly, each Lender represents to the Borrower and
the Administrative Agent that it has identified in its administrative questionnaire a credit contact who may receive information that may contain material non-public information in accordance with its compliance procedures and applicable law,
including Federal and state securities laws. 
 10.17 Termination. If the Commitments hereunder are terminated prior to
the Closing Date or the Closing Date has not occurred on or prior to February 1, 2013, this Agreement shall automatically terminate (if the Commitments are terminated, immediately, and if the Closing Date has not occurred on or prior to
February 1, 2013, at 12:00 a.m. on February 2, 2013) and all obligations (other than those expressly stated to survive such termination, the requirement to pay any fees payable hereunder upon the expiration or termination of the
Commitments and obligations under Section 10.5 and Section 10.16) of the Administrative Agent, the Lenders and each Loan Party under this Agreement shall terminate, all without delivery of any instrument or performance of any act by any
Person. 

  
 116

 10.18 WAIVERS OF JURY TRIAL. THE BORROWER, THE ADMINISTRATIVE AGENT AND THE
LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 

10.19 USA Patriot Act. Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title
III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and
other information that will allow such Lender to identify the Borrower in accordance with the Patriot Act. 

  
 117

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

			
	WOLVERINE WORLD WIDE, INC.
		
	By:	 	 /s/  Donald T. Grimes

		 	Name: Donald T. Grimes
		 	Title: SVP, CFO

 
			
	JPMORGAN CHASE BANK, N.A., as Administrative Agent and as a Lender
		
	By:	 	 /s/  Krys Szremski

		 	Name: Krys Szremski
		 	Title:   Vice President

 
			
	J.P. MORGAN EUROPE LIMITED, as Foreign Currency Agent
		
	By:	 	 /s/  Ching Loh

		 	Name: Ching Loh
		 	Title: Associate

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,
 as Syndication Agent and as a Lender

		
	By:	 	 /s/  Robert M. Jamula

		 	Name: Robert M. Jamula
		 	Title: Vice President

 
			
	FIFTH THIRD BANK, as Documentation Agent and as a Lender
		
	By:	 	/s/  Randal Wolffis
		 	 Name: Randal Wolffis
 Title:
Vice President

 
			
	PNC BANK, NATIONAL ASSOCIATION, as Documentation Agent and as a Lender
		
	By:	 	/s/  Arthur F. Gray
		 	 Name: Arthur F. Gray
 Title:
Senior Vice President

 
			
	BANK OF AMERICA, N.A., as a Lender
		
	By:	 	/s/  Joshua J. Dunham
		 	 Name: Joshua J. Dunham

Title: Vice President

 
			
	BRANCH BANKING AND TRUST COMPANY, as a Lender
		
	By:	 	/s/  Ted Hawke
		 	 Name: Ted Hawke
 Title:
Senior Vice President

 
			
	COMERICA BANK, as a Lender
		
	By:	 	/s/  Thomas Vandermeulen
		 	 Name: Thomas Vandermeulen

Title: Vice President

 
			
	HSBC BANK PLC, as a Lender
		
	By:	 	/s/  Peter Ian Wood
		 	 Name: Peter Ian Wood
 Title:
Senior Corporate Banking Manager

 
			
	HSBC Bank USA, N.A., as a Lender
		
	By:	 	/s/  Andrew Bicker
		 	 Name: Andrew Bicker
 Title:
Vice President

 
			
	HUNAN COMMERCIAL BNAK, LTD. NEW YORK AGENCY, as a Lender
		
	By:	 	/s/  Henry Hsieh
		 	 Name: Henry Hsieh
 Title:
Assistant Vice President

 
			
	THE HUNTIGTON NATIONAL BANK, as a Lender
		
	By:	 	/s/  Kristine L. Vigliotti
		 	 Name: Kristine L. Vigliotti

Title: Vice President

 
			
	KEYBANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	/s/  Marianne T. Meil
		 	 Name: Marianne T. Meil

Title: Senior Vice President

 
			
	THE NORTHER TRUST COMPANY, as a Lender
		
	By:	 	/s/  Phillip McCaulay
		 	 Name: Phillip McCaulay

Title: Vice President

 
			
	THE PRIVATE BANK & TRUST COMPANY, as a Lender
		
	By:	 	/s/  David W. Edwards
		 	 Name: David W. Edwards

Title: Managing Director

 
			
	RAYMOND JAMES BANK, N.A., as a Lender
		
	By:	 	/s/  Alexander L. Rody
		 	 Name: Alexander L. Rody

Title: Senior Vice President

 
			
	RBS CITIZENS, N.A., as a Lender
		
	By:	 	/s/  MEGAN LIVINGSTON
		 	 Name: MEGAN LIVINGSTON

Title: VICE PRESIDENT

 
			
	TAIWAN COOPERATIVE BANK LOS ANGELES BRANCH, as a Lender
		
	By:	 	/s/  Li-Hua Huang
		 	 Name: Li-Hua Huang
 Title:
Vice President & General Manager

 
			
	The Bank of East Asia, New York Branch, as a Lender
		
	By:	 	/s/  James Hua
		 	 Name: James Hua
 Title:
Senior Vice President

		
	By:	 	 /s/  Kitty Sin

		 	 Name: Kitty Sin
 Title:
Senior Vice President

 
			
	Union Bank, NA, as a Lender
		
	By:	 	/s/  Thomas Lass
		 	 Name: Thomas Lass
 Title:
Vice President

 
			
	SUMITOMO MITSUI BANKING CORPORATION, as a Lender
		
	By:	 	/s/  David W. Kee
		 	 Name: David W. Kee
 Title:
Managing Director

 SCHEDULE 1.1A 

Commitments 
  

													
	 Lender
	  	Revolving Facility
Commitment	 	  	Tranche A Term
Commitment	 	  	Tranche B Term
Commitment	 
	 JPMorgan Chase Bank, N.A.
	  	$	24,000,000.00	  	  	$	66,000,000.00	  	  	$	301,000,000.00	  
	 Wells Fargo Bank, National Association
	  	$	24,000,000.00	  	  	$	66,000,000.00	  	  	$	7,500,000.00	  
	 Fifth Third Bank
	  	$	18,000,000.00	  	  	$	49,500,000.00	  	  	$	7,500,000.00	  
	 PNC Bank, National Association
	  	$	18,000,000.00	  	  	$	49,500,000.00	  	  	$	7,500,000.00	  
	 Bank of America, N.A.
	  	$	14,666,666.67	  	  	$	40,333,333.33	  	  			
	 Branch Banking & Trust Co.
	  	$	13,333,333.33	  	  	$	36,666,666.67	  	  			
	 HSBC Bank plc
	  	$	6,666,666.67	  	  	$	18,333,333.33	  	  			
	 HSBC Bank USA, N.A.
	  	$	6,666,666.67	  	  	$	18,333,333.33	  	  			
	 RBS Citizens, N.A.
	  	$	13,333,333.33	  	  	$	36,666,666.67	  	  			
	 Sumitomo Mitsui Banking Corporation
	  	$	13,333,333.33	  	  	$	36,666,666.67	  	  			
	 KeyBank National Association
	  	$	9,333,333.33	  	  	$	25,666,666.67	  	  	$	12,500,000.00	  
	 The Huntington National Bank
	  	$	6,666,666.67	  	  	$	18,333,333.33	  	  			
	 Union Bank, N.A.
	  	$	6,666,666.67	  	  	$	18,333,333.33	  	  			
	 The Northern Trust Company
	  	$	5,333,333.33	  	  	$	14,666,666.67	  	  			
	 The Bank of East Asia, New York Branch
	  	$	4,000,000.00	  	  	$	11,000,000.00	  	  			
	 Comerica Bank
	  	$	4,000,000.00	  	  	$	11,000,000.00	  	  	$	1,500,000.00	  
	 The PrivateBank
	  	$	4,000,000.00	  	  	$	11,000,000.00	  	  			
	 Taiwan Cooperative Bank Los Angeles Branch
	  	$	4,000,000.00	  	  	$	11,000,000.00	  	  			
	 Hua Nan Commercial Bank, Ltd.
	  	$	2,666,666.67	  	  	$	7,333,333.33	  	  			
	 Raymond James Bank, N.A.
	  	$	1,333,333.33	  	  	$	3,666,666.67	  	  	$	12,500,000.00	  
		  	  
	  
	 	  	  
	  
	 	  	  
	  
	 
	 Total
	  	$	200,000,000.00	  	  	$	550,000,000.00	  	  	$	350,000,000	  

 SCHEDULE 1.1B 

Mortgaged Property 

Wolverine: 
 9341 Courtland Drive

 Rockford, MI 49351 
 Target:

 6001 Cane Run Road 
 Louisville,
Kentucky 

 SCHEDULE 1.1C 

Mandatory Costs 
  

	1.	Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the
Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank. 

 

	2.	On the first day of each Interest Period (or as soon as possible thereafter) the Administrative Agent shall calculate, as a percentage rate, a rate (the
“Associated Costs Rate”) for each Lender, in accordance with the paragraphs set out below. The Mandatory Cost will be calculated by the Administrative Agent as a weighted average of the Lenders' Associated Costs Rates (weighted in
proportion to the percentage participation of each Lender in the relevant Loan) and will be expressed as a percentage rate per annum. 

  

	3.	The Associated Costs Rate for any Lender lending from a Facility Office in a Participating Member State will be the percentage notified by that Lender to the
Administrative Agent. This percentage will be certified by that Lender in its notice to the Administrative Agent to be its reasonable determination of the cost (expressed as a percentage of that Lender's participation in all Loans made from that
Facility Office) of complying with the minimum reserve requirements of the European Central Bank in respect of loans made from that Facility Office. 

  

	4.	The Associated Costs Rate for any Lender lending from a Facility Office in the United Kingdom will be calculated by the Administrative Agent as follows:

 in relation to a Loan in Pounds Sterling: 

 

					
	

	  	

 in relation to a Loan in any currency other than Pounds Sterling: 

percent per annum 
 Where:

  

	 	A	is the percentage of Eligible Liabilities (assuming these to be in excess of any stated minimum) which that Lender is from time to time required to maintain as an
interest free cash ratio deposit with the Bank of England to comply with cash ratio requirements. 

  

	 	B	is the percentage rate of interest (excluding the Applicable Margin and the Mandatory Cost and, if the Loan is an Unpaid Sum, the additional rate of interest specified
in Section 2.15(C)) payable for the relevant Interest Period on the Loan. 

  

	 	C	is the percentage (if any) of Eligible Liabilities which that Lender is required from time to time to maintain as interest bearing Special Deposits with the Bank of
England. 

  

	 	D	is the percentage rate per annum payable by the Bank of England to the Administrative Agent on interest bearing Special Deposits. 

  
 Schedule 1.1C
- Page 1 

	 	E	is designed to compensate Lenders for amounts payable under the Fees Rules and is calculated by the Administrative Agent as being the most recent rate of charge
supplied by the Reference Bank to the Administrative Agent pursuant to paragraph 7 below and expressed in pounds per £1,000,000. 

  

	5.	For the purposes of this Schedule: 

  

	 	(a)	“Eligible Liabilities” and “Special Deposits” have the meanings given to them from time to time under or pursuant to the Bank of
England Act 1998 or (as may be appropriate) by the Bank of England; 

  

	 	(b)	“Facility Office” means the office or offices notified by a Lender to the Administrative Agent in writing on or before the date it becomes a Lender
(or, following that date, by not less than five Business Days’ written notice) as the office or offices through which it will perform its obligations under this Agreement; 

 

	 	(c)	“Fees Rules” means the rules on periodic fees contained in the Financial Services Authority Fees Manual or such other law or regulation as may be in
force from time to time in respect of the payment of fees for the acceptance of deposits; 

  

	 	(d)	“Fee Tariffs” means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated
fee required pursuant to the Fees Rules but taking into account any applicable discount rate); 

  

	 	(e)	“Participating Member State” means any member state of the European Union that adopts or has adopted the euro as its lawful currency in accordance with
legislation of the European Union relating to economic and monetary union; 

  

	 	(f)	“Reference Bank” means the principal London offices of JPMorgan Chase Bank, N.A.; 

 

	 	(g)	“Tariff Base” has the meaning given to it in, and will be calculated in accordance with, the Fees Rules; and 

 

	 	(h)	“Unpaid Sum” means any sum due and payable but unpaid by the Borrower under the Loan Documents. 

 

	6.	In application of the above formulae, A, B, C and D will be included in the formulae as percentages (i.e. 5 percent will be included in the formula as 5 and not as
0.05). A negative result obtained by subtracting D from B shall be taken as zero. The resulting figures shall be rounded to four decimal places. 

  

	7.	If requested by the Administrative Agent, the Reference Bank shall, as soon as practicable after publication by the Financial Services Authority, supply to the
Administrative Agent, the rate of charge payable by the Reference Bank to the Financial Services Authority pursuant to the Fees Rules in respect of the relevant financial year of the Financial Services Authority (calculated for this purpose by rhea
Reference Bank as being the average of the Fee Tariffs applicable to the Reference Bank for that financial year) and expressed in pounds per £1,000,000 of the Tariff Base of the Reference Bank. 

 

	8.	Each Lender shall supply any information required by the Administrative Agent for the purpose of calculating its Associated Costs Rate. In particular, but without
limitation, each Lender shall supply the following information on or prior to the date on which it becomes a Lender: 

  

	 	(a)	the jurisdiction of its Facility Office; and 

  
 Schedule 1.1C
- Page 2 

	 	(b)	any other information that the Administrative Agent may reasonably require for such purpose. 

Each Lender shall promptly notify the Administrative Agent of any change to the information provided by it pursuant to this paragraph.

  

	9.	The percentages of each Lender for the purpose of A and C above and the rates of charge of the Reference Bank for the purpose of E above shall be determined by the
Administrative Agent based upon the information supplied to it pursuant to paragraphs 7 and 8 above and on the assumption that, unless a Lender notifies the Administrative Agent to the contrary, each Lender's obligations in relation to cash ratio
deposits and Special Deposits are the same as those of a typical bank from its jurisdiction of incorporation with a Facility Office in the same jurisdiction as its Facility Office. 

 

	10.	The Administrative Agent shall have no liability to any person if such determination results in an Associated Costs Rate which over or under compensates any Lender and
shall be entitled to assume that the information provided by any Lender or the Reference Bank pursuant to paragraphs 3, 7 and 8 above is true and correct in all respects. 

 

	11.	The Administrative Agent shall distribute the additional amounts received as a result of the Mandatory Cost to the Lenders on the basis of the Associated Costs Rate for
each Lender based on the information provided by each Lender and the Reference Bank pursuant to paragraphs 3, 7 and 8 above. 

  

	12.	Any determination by the Administrative Agent pursuant to this Schedule in relation to a formula, the Mandatory Cost, an Associated Costs Rate or any amount payable to
a Lender shall, in the absence of manifest error, be conclusive and binding on all parties hereto. 

  

	13.	The Administrative Agent may from time to time, after consultation with the Borrower and the relevant Lenders, determine and notify to all parties hereto any amendments
which are required to be made to this Schedule in order to comply with any change in law, regulation or any requirements from time to time imposed by the Bank of England, the Financial Services Authority or the European Central Bank (or, in any
case, any other authority which replaces all or any of its functions) and any such determination shall, in the absence of manifest error, be conclusive and binding on all parties hereto. 

  
 Schedule 1.1C
- Page 3 

 SCHEDULE 1.1D 

ADMINISTRATIVE SCHEDULE 
 FOREIGN CURRENCY LOANS 
 GENERAL 

Foreign Currency Agent’s office for notices/borrowings/payment: 
 Loan and Agency Group 
 J. P. Morgan Europe Limited 

25 Bank Street, Canary Wharf, London E14 5JP 

Fax No: +44 20 7777 2360 

CANADIAN DOLLARS 

Lenders: 
  

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	Canadian Payment Office:
		
		  	Agent’s CAD Wire Instructions
			
		  	Bank Name:	  	Royal Bank of Canada, Toronto
		  	Swift:	  	ROYCCAT2
		  	Account Name:	  	J.P. Morgan Europe Limited
		  	Swift:	  	CHASGB22
		  	Account No.:	  	2194421

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the Canadian Payment Office specified above on the Borrowing Date prior to: 

12 p.m. London Time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent (as defined below)
of $5,000,000 (rounded up for the currency amount) 

  
 Schedule 1.1D
- Page 1 

 Payments/Prepayments: 
 Notice of prepayment must be received by: 
 11 a.m. Local Time 3 Business Days
prior to proposed prepayment date 
 Minimum amount of each prepayment: 

Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the Canadian Payment Office specified above prior to: 

12 p.m. LondonTime 
 POUNDS STERLING 
 Lenders: 

 

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	U.K. Payment Office:
		
		  	Agent’s GBP Wire Instructions
			
		  	Bank Name and Account Name:	  	J.P.Morgan Europe Limited, London
		  	Swift:	  	CHASGB22
		  	Sort Code:	  	40-52-06
		  	Account No.:	  	03043504 (IBAN GB82CHAS60924203043504)

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the U.K. Payment Office specified above on the Borrowing Date prior to: 

12 p.m. London Time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent of $5,000,000
(rounded up for the currency amount) 
 Payments/Prepayments: 
 Notice of prepayment must be received by: 
 11 a.m. London time 3 Business Days
prior to proposed prepayment date 

  
 Schedule 1.1D
- Page 2 

 Minimum amount of each prepayment: 

Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the U.K. Payment Office specified above prior to: 

11 a.m. London Time 
 THE EURO 
 Lenders: 

 

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	Euro Payment Office:
		
		  	Agent’s EURO Wire Instructions
			
		  	Bank Name:	  	JP Morgan AG, Frankfurt
		  	Swift:	  	CHASDEFX
		  	Account Name:	  	J.P. Morgan Europe Limited
		  	Swift:	  	CHASGB22
		  	Account No.:	  	DE93501108006001600037

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the Euro Payment Office specified above on the Borrowing Date prior to: 

12 p.m. London time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent of $5,000,000
(rounded up for the currency amount) 
 Payments/Prepayments: 
 Notice of prepayment must be received by: 
 11 a.m. London time 3 Business Days
prior to proposed prepayment date 
 Minimum amount of each prepayment: 

Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the Euro Payment Office specified above prior to: 

11 a.m. London time 

  
 Schedule 1.1D
- Page 3 

 HONG KONG DOLLARS 
 Lenders: 
  

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	Hong Kong Payment Office:
		
		  	 Agent’s HKD Wire Instructions

			
		  	Bank Name:	  	JPMORGAN CHASE BANK, HONGKONG
		  	Swift:	  	CHASHKHH
		  	Account Name:	  	J.P. Morgan Europe Limited
		  	Swift:	  	CHASGB22
		  	Account No.:	  	6743900091

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the Hong Kong Payment Office specified above on the Borrowing Date prior to: 

9 a.m. Local Time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent (as defined below)
of $5,000,000 (rounded up for the currency amount) 
 Payments/Prepayments: 

Notice of prepayment must be received by: 
 11 a.m. Local Time 3 Business Days prior to proposed prepayment date 
 Minimum
amount of each prepayment: 
 Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the Hong Kong Payment Office specified above prior to: 

9 a.m. Local Time 

  
 Schedule 1.1D
- Page 4 

 SWEDISH KRONOR 
 Lenders: 
  

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	Swedish Payment Office:
		
		  	Agent’s SEK Wire Instructions
			
		  	Bank Name:	  	SKANDINAVISKA ENSKILDA BANKEN, STOCKHOLM
		  	Swift:	  	ESSESESS
		  	Account Name:	  	J.P. Morgan Europe Limited
		  	Swift:	  	CHASGB22
		  	Account No.:	  	52018519395

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the Swedish Payment Office specified above on the Borrowing Date prior to: 

9 a.m. Local Time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent (as defined below)
of $5,000,000 (rounded up for the currency amount) 
 Payments/Prepayments: 

Notice of prepayment must be received by: 
 11 a.m. Local Time 3 Business Days prior to proposed prepayment date 
 Minimum
amount of each prepayment: 
 Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the Swedish Payment Office specified above prior to: 

9 a.m. Local Time 

  
 Schedule 1.1D
- Page 5 

 SWISS FRANCS 
 Lenders: 
  

					
	 Lenders
	  	 Applicable Office for
Notices/Payment

	 JPMorgan Chase Bank, N.A.
	  	Notices: To Foreign Currency Agent at address above
		
		  	Swiss Payment Office:
		
		  	Agent’s CHF Wire Instructions
			
		  	Bank Name:	  	UBS AG(HEAD OFFICE) ZURICH
		  	Swift:	  	UBSWCHZH
		  	Account Name:	  	J.P. Morgan Europe Limited
		  	Swift:	  	CHASGB22
		  	Account No.:	  	023044266.05R (IBAN CH180023023004426605R)

 Borrowings: 
 Funding must be made available to the Foreign Currency Agent at the Swiss Payment Office specified above on the Borrowing Date prior to: 

9 a.m. Local Time 
 Minimum amount of each Borrowing: 
 Foreign Currency Equivalent (as defined below)
of $5,000,000 (rounded up for the currency amount) 
 Payments/Prepayments: 

Notice of prepayment must be received by: 
 11 a.m. Local Time 3 Business Days prior to proposed prepayment date 
 Minimum
amount of each prepayment: 
 Foreign Currency Equivalent of $1,000,000 (rounded up for the currency amount) 

Payments must be made to the Foreign Currency Agent at the Swiss Payment Office specified above prior to: 

9 a.m. Local Time 

  
 Schedule 1.1D
- Page 6 

 For purposes of this Schedule: 
 “Foreign Currency Equivalent“ means, with respect to any amount in Dollars, the amount of any Foreign Currency that could be purchased with such amount of Dollars using the reciprocal of
the foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined by the Administrative Agent. 

  
 Schedule 1.1D
- Page 7 

 SCHEDULE 1.1E 

Existing Letters of Credit 
 None. 

 SCHEDULE 1.1F 

Foreign Currency Lenders 

Set forth below are the Revolving Lenders that, as of the Closing Date, are Foreign Currency Lenders with respect to Canadian Dollars, Pounds Sterling,
the Euro, Hong Kong Dollars, Swedish Kronor and Swiss Francs. 
 Revolving Lender 

JPMorgan Chase Bank, N.A. 
 Wells Fargo Bank,
National Association 
 Fifth Third Bank 

PNC Bank, National Association 
 Bank of America,
N.A. 
 Branch Banking and Trust Company 

RBS Citizens, N.A. 
 Sumitomo Mitsui Banking
Corporation 
 KeyBank National Association 
 The Huntington National Bank 
 HSBC Bank PLC 

HSBC Bank USA, N.A. 
 Union Bank, NA 

The Northern Trust Company 
 Comerica Bank

 Private Bank 

 SCHEDULE 4.4 

Consents, Authorizations, Filings and Notices 
 Wolverine: 
 None. 
 Target: 
 None. 

 SCHEDULE 4.13 

ERISA Matters 

Wolverine: 
 None. 

Target: 
 None. 

 SCHEDULE 4.15(a)(i) 

Restricted Subsidiaries 

[To be updated prior to the Closing Date.] 

 SCHEDULE 4.15(a)(ii) 

Unrestricted Subsidiaries 

[To be updated prior to the Closing Date.] 

 SCHEDULE 4.15(b) 

Existing Capital Stock Options 
 Wolverine: 
 None. 
 Target: 
 Five hundred thousand (500,000) shares of Series A Convertible Preferred
Stock, no par value, issued by The Stride Rite Corporation and owned by PSS US Holdings LLC – to be converted into shares of common stock of The Stride Rite Corporation on or about the Closing Date. 

 SCHEDULE 4.19(a) 

UCC Filing Jurisdictions 

Loan Parties organized in each of the jurisdictions set forth below and such filings to be made in the offices specified: 

Wolverine: 
  

			
	 Delaware:
	  	Delaware Secretary of State
	 Michigan:
	  	Michigan Department of State
		
	 Target:
	  	
		
	 Delaware:
	  	Delaware Secretary of State
	 Kansas:
	  	Kansas Secretary of state
	 Massachusetts:
	  	Massachusetts Secretary of the Commonwealth
	 Nevada:
	  	Nevada Secretary of State
	 Washington:
	  	Washington Secretary of State

 SCHEDULE 4.19(b) 

Mortgage Filing Jurisdictions 
 Wolverine: 
 9341 Courtland Drive 
 Rockford, MI 49351 (Kent County) 
 Target: 

6001 Cane Run Road 
 Louisville, Kentucky
(Jefferson County) 

 SCHEDULE 7.2(d) 

Existing Indebtedness 

Wolverine: 
 Amended and Restated
Guaranty made by the Borrower in respect of certain loans or extensions of credit, including letters of credit, overdrafts on operating accounts and rate management transactions and agreements regarding treasury management products (including ACH
and BACS), in each case, provided by JPMorgan Chase Bank, N.A. and its Affiliates. 
 Target: 

None. 

 SCHEDULE 7.3(b) 

Existing Liens 

Wolverine: 
 None. 

Target: 
 None. 

  
 Schedule
7.3(b) - Page 1 

 SCHEDULE 7.3(i) 

Foreign Subsidiary Real Property Liens 
 Wolverine: 
 None. 
 Target: 
 None. 

 SCHEDULE 7.7(a) 

Existing Investments 

Wolverine: 
 Amended and Restated
Guaranty made by the Borrower in respect of certain loans or extensions of credit, including letters of credit, overdrafts on operating accounts and rate management transactions and agreements regarding treasury management products (including ACH
and BACS), in each case, provided by JPMorgan Chase Bank, N.A. and its Affiliates. 
 Target: 

Intercompany investments among the Purchased Subsidiaries as of the Closing Date, which investments were made (i) in the ordinary course in
connection with cash management of such Purchased Subsidiaries and (ii) consistent with past practices of Collective and its Subsidiaries. 

 SCHEDULE 7.12 

Existing Negative Pledge Clauses 
 Wolverine: 
 Amended and Restated Guaranty made by the Borrower in respect of certain loans
or extensions of credit, including letters of credit, overdrafts on operating accounts and rate management transactions and agreements regarding treasury management products (including ACH and BACS), in each case, provided by JPMorgan Chase Bank,
N.A. and its Affiliates. 
 Target: 
 None. 

 SCHEDULE 7.13 

Existing Subsidiary Distribution Clauses 
 None. 

 EXHIBIT A 
 [Form of Guarantee and Collateral Agreement – see attached] 

 EXHIBIT B 
 FORM OF 
 COMPLIANCE CERTIFICATE 

This Compliance Certificate is delivered pursuant to Section 6.2(b) of the Credit Agreement, dated as of July 31, 2012 (as
amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency
agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto from time to time. Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
 1. I am the duly elected, qualified and acting [Chief Financial Officer] of the Borrower. 
 2. I have reviewed and am familiar with the contents of this Certificate. 
 3. I
have reviewed the terms of the Credit Agreement and the Loan Documents and have made or caused to be made under my supervision, a review in reasonable detail of the transactions and condition of the Borrower during the accounting period covered by
the financial statements attached hereto as Attachment 1 (the “Financial Statements”). To the best of my knowledge after such review, each Loan Party during such accounting period has observed or performed all of its
covenants and other agreements and satisfied every condition contained in the Credit Agreement and the other Loan Documents to which it is a party to be observed, performed or satisfied by it, and I have obtained no knowledge of the existence, as of
the date of this Certificate, of any condition or event which constitutes a Default or Event of Default[, except as set forth below]. 
 4. Since [the Closing Date][the date of the last Compliance Certificate] (other than as has been previously disclosed in writing to the Administrative Agent), (i) there has been no change in the
jurisdiction of organization of any Loan Party, (ii) no registered or applied for Intellectual Property has been acquired by any Loan Party and (iii) no Person has become a Group Member[, except as set forth below]. 

5. Attached hereto as Attachment 2 are the computations showing compliance with the covenants set forth in Section 7.1 of the
Credit Agreement. 
 IN WITNESS WHEREOF, I have executed this Certificate this
            day of             , 2012. 
  

	
	  
	 Name:

Title:

 Attachment 1 
 to Compliance Certificate 
 [Attach Financial Statements] 

 Attachment 2 
 to Compliance Certificate 
 The information described herein is as of
            ,             , and pertains to the period from
            ,              to             ,
            . 
 [Set forth Covenant Calculations] 

 EXHIBIT C 
 FORM OF 
 CLOSING CERTIFICATE 

Pursuant to Section [5.1(d)][5.2(h)] of the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise
modified from time to time, the “Credit Agreement”; terms defined therein being used herein as therein defined), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe
Limited, as foreign currency agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto
from time to time, the undersigned [INSERT TITLE OF OFFICER] of [INSERT NAME OF LOAN PARTY] (the “Certifying Loan Party”) hereby certifies as follows: 
 1. [Each of the following representations and warranties of the Borrower set forth in the Credit Agreement are true and correct in all material respects on and as of the date hereof, in each case solely
with respect to the Borrower: Sections 4.3(a), 4.4 (other than the last sentence thereof and, in each case, solely with respect to the Credit Agreement), 4.5(a) (solely with respect to (i) Requirements of Law, (ii) the entering into and
performance of the Credit Agreement and to the extent such conflicts could not reasonably be expected to result in a Material Adverse Effect and (iii) in respect of organizational documents, without giving effect to the Material Adverse Effect
qualifier), 4.14 and 4.22(c).] [ Each of the representations and warranties made by the Certifying Loan Party in the Loan Documents are true and correct in all material respects on and as of the date hereof. ] 

2.             is the duly elected and qualified Corporate Secretary of the Certifying Loan
Party and the signature set forth for such officer below is such officer’s true and genuine signature. 
 3. No Default or Event of Default
has occurred and is continuing as of the date hereof or after giving effect to the Loans to be made on the date hereof and the use of proceeds thereof. [Borrower only] 
 4. The conditions precedent set forth in Section [5.1][5.2] of the Credit Agreement were satisfied as of the [Effective Date] [Closing Date]. [Borrower only] 

The undersigned Corporate Secretary of the Certifying Loan Party certifies as follows: 

5. There are no liquidation or dissolution proceedings pending or to my knowledge threatened against the Certifying Loan Party, nor, to my knowledge, has
any other event occurred threatening the continued corporate existence of the Certifying Loan Party. 
 6. The Certifying Loan Party is a
corporation duly incorporated, validly existing and in good standing under the laws of the jurisdiction of its organization. 
 7. Attached
hereto as Annex 1 is a true and complete copy of resolutions duly adopted by the Board of Directors of the Certifying Loan Party on             ; such resolutions have not in any way
been amended, modified, revoked or rescinded, have been in full force and effect since their adoption to and including the date hereof and are now in full force and effect and are the only corporate proceedings of the Certifying Loan Party now in
force relating to or affecting the matters referred to therein. 
 8. Attached hereto as Annex 2 is a true and complete copy of the
By-Laws of the Certifying Loan Party as in effect on the date hereof. 

 9. Attached hereto as Annex 3 is a true and complete copy of the Certificate of Incorporation of the
Certifying Loan Party as in effect on the date hereof. 
 10. The following persons are now duly elected and qualified officers of the
Certifying Loan Party holding the offices indicated next to their respective names below, and the signatures appearing opposite their respective names below are the true and genuine signatures of such officers, and each of such officers is duly
authorized to execute and deliver on behalf of the Certifying Loan Party each of the Loan Documents to which it is a party and any certificate or other document to be delivered by the Certifying Loan Party pursuant to the Loan Documents to which it
is a party: 
  

									
	  	 	 Name
	  	 Office
	  	 Signature
	  	 
		 		  		  	 	  	
		 		  		  	 	  	
		 		  		  	 	  	

 IN WITNESS WHEREOF, the undersigned have hereunto set our names as of the date set forth below.

  

					
	 	  		  	  

	Name:	  		  	Name:
	Title:	  		  	Title: Corporate Secretary

 Date:
                    , 20     

  
 2 

 EXHIBIT D 
 [Form of Mortgage] 

 EXHIBIT E 
 FORM OF 
 ASSIGNMENT AND ASSUMPTION 

This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the Assignment Effective Date set forth
below and is entered into between the Assignor named below (the “Assignor”) and the Assignee named below (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the
Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to
and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 
 For an
agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit
Agreement, as of the Assignment Effective Date inserted by the Administrative Agent below (i) all of the Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments
delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below (including any letters of
credit, guarantees, and swingline loans included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender)
against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any
of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and
obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly
provided in this Assignment and Assumption, without representation or warranty by the Assignor. 
  

					
	1. Assignor:	  	  
	  	
			
	2. Assignee:	  	  
	  	
		  	[and is an Affiliate/Approved Fund of [identify Lender]1]	  	
			
	3. Borrower:	  	Wolverine World Wide, Inc.	  	
			
	4. Administrative Agent:	  	JPMorgan Chase Bank, N.A., as Administrative Agent	  	
		
	5. Credit Agreement:	  	The Credit Agreement dated as of July 31, 2012, among Wolverine World Wide, Inc., as Borrower, the Lenders party thereto, J.P. Morgan Europe Limited, as foreign
currency agent, Wells Fargo Bank, National Association, as syndication agent and JPMorgan Chase Bank, N.A., as Administrative Agent

  

	1	 Select as
applicable. 

 6. Assigned Interest: 
  

													
	 Facility Assigned
	  	Aggregate Amount 
of
Commitment/Loans
for all Lenders	 	  	Amount of
Commitment/Loans
Assigned	 	  	Percentage Assigned 
of
Commitment/Loans2	 
	 Revolving Facility
	  	$	 	  	  	$	 	  	  	 	%	  
	 Tranche A Term Facility
	  	$	 	  	  	$	 	  	  	 	%	  
	 Tranche B Term Facility
	  	$	 	  	  	$	 	  	  	 	%	  

 Assignment Effective Date:
                    , 20            [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH
SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
 The Assignee agrees to deliver to the Administrative Agent
a completed administrative questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower, the Loan Parties and their
Affiliates or their respective securities) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures and applicable laws, including federal and state securities laws. 

The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	
	 
	NAME OF ASSIGNOR
		
	By:	 	 
		 	Title:
	
	ASSIGNEE
	
	 
	NAME OF ASSIGNEE
		
	By:	 	 
		 	Title:

  

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

  
 2 

			
	[Consented to and]3 Accepted:
	
	 JPMORGAN CHASE BANK, N.A., as Administrative Agent

		
	By	 	 
		 	Title:
	
	[Consented to:]4
	
	WOLVERINE WORLD WIDE, INC.
		
	By	 	 
		 	Title:
	
	[ISSUING LENDER]
		
	By	 	 
		 	Title:

  

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

	4 	 To be added only if the consent of the Borrower and/or other parties (e.g. Issuing Lender) is required by the terms of the Credit Agreement.

  
 3 

 ANNEX 1 
 Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Wolverine World
Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such
capacity, the “Administrative Agent”) and the other parties party thereto from time to time 
 STANDARD TERMS
AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION 
 1. Representations and Warranties. 
 1.1 Assignor. The Assignor
(a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and
authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and (b) assumes no responsibility with respect to (i) any statements, warranties or
representations made in or in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder,
(iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates
or any other Person of any of their respective obligations under any Loan Document. 
 1.2. Assignee. The Assignee
(a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender
under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the
Assignment Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the
Credit Agreement from the Administrative Agent, together with copies of the most recent financial statements delivered pursuant to Section 6.1 thereof, and such other documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender
and (v) if it is a Non-U.S. Lender, attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee and (b) agrees
that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions
in taking or not taking action under the Loan Documents and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

 2. Payments. From and after the Assignment Effective Date, the Administrative Agent
shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Assignment Effective Date and to the Assignee for
amounts which have accrued from and after the Assignment Effective Date. 
 3. General Provisions. This Assignment and
Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one
instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by email or telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and
Assumption shall be governed by, and construed in accordance with, the law of the State of New York. 

  
 2 

 EXHIBIT F-1 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as
syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto from time to time. Unless otherwise defined herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
 Pursuant to the provisions of
Section 2.20 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this
certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a
controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned
has furnished the Administrative Agent and the Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes,
the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective
certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
  

			
	[NAME OF LENDER]
		
	By:	 	 
		 	Name:
		 	Title:

 Date:             
        , 20         

 EXHIBIT F-2 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as
syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto from time to time. Unless otherwise defined herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
 Pursuant to the provisions of
Section 2.20 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the
meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the
Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its participating Lender with a
certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in
writing, and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the
two calendar years preceding such payments. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	 
		 	Name:
		 	Title:

 Date:             
        , 20         

 EXHIBIT F-3 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as
syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto from time to time. Unless otherwise defined herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
 Pursuant to the provisions of
Section 2.20 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are
the sole beneficial owners of such participation, (iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the
ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of
Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its
partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner's/member's beneficial owners that is claiming the portfolio
interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all
times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	[NAME OF PARTICIPANT]
		
	By:	 	 
		 	Name:
		 	Title:

 Date:             
        , 20         

 EXHIBIT F-4 
 FORM OF 
 U.S. TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the Credit Agreement, dated as of July 31, 2012 (as amended, supplemented or otherwise modified from time to
time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as
syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the other parties party thereto from time to time. Unless otherwise defined herein, terms defined in the Credit
Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
 Pursuant to the provisions of
Section 2.20 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its
direct or indirect partners/members are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Credit Agreement or any other Loan Document,
neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the
Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled
foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has
furnished the Administrative Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS
Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner's/member's beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided
on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

 

			
	[NAME OF LENDER]
		
	By:	 	 
		 	Name:
		 	Title:

 Date:             
        , 20         

 EXHIBIT G-1 
 FORM OF 
 INCREASED FACILITY ACTIVATION NOTICE—INCREMENTAL TERM LOANS

  

	To:	JPMorgan Chase Bank, N.A., as Administrative Agent 

 under the Credit Agreement referred to below 
 Reference is made to the Credit
Agreement, dated as of July 31, 2012 (as amended, supplemented or modified from time to time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan
Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the other parties party thereto from time
to time. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 

This notice is an Increased Facility Activation Notice referred to in the Credit Agreement, and the Borrower and each Lender party hereto
hereby notify you that: 
 1. Each Lender party hereto agrees to make an Incremental [Tranche A][Tranche B] Term Loan in the
amount set forth opposite such Lender’s name on the signature pages hereof under the caption “Incremental [Tranche A][Tranche B] Term Loan Amount”. 
 2. The Increased Facility Closing Date is             . 
 3. The aggregate principal amount of Incremental [Tranche A][Tranche B] Term Loans contemplated hereby is $            . 

4. The Incremental [Tranche A][Tranche B] Term Loan of each Lender party hereto shall mature in
            consecutive installments, commencing on             , 20        , each of
which shall be in an amount equal to (i) the percentage which the principal amount of such Lender’s Incremental [Tranche A][Tranche B] Term Loan made on the Increased Facility Closing Date constitutes of the aggregate principal amount of
Incremental [Tranche A][Tranche B] Term Loans made on the Increased Facility Closing Date multiplied by (ii) the amount set forth below opposite such installment: 
  

			
	 Installment
	  	 Principal Amount

	
	[Insert installment dates and amounts]

 5. The Incremental Term Maturity Date for the Incremental [Tranche A][Tranche B] Term Loans contemplated
hereby is             , 20        . 
 6. The Applicable Margin for the Incremental [Tranche A][Tranche B] Term Loans contemplated hereby is         % per annum in the case of Eurocurrency Loans and
        % per annum in the case of ABR Loans. [INSERT GRID IF APPLICABLE] 

 7. The agreement of each Lender party hereto to make an Incremental [Tranche A][Tranche B]
Term Loan on the Increased Facility Closing Date is subject to the satisfaction of the following conditions precedent: 
 (a) The Administrative Agent shall have received this notice, executed and delivered by the Borrower and each Lender party hereto; 

(b) The Borrower shall be in compliance, on a pro forma basis (including giving pro forma effect to any Incremental
Facility Activation Notice (and the making of the Incremental [Tranche A][Tranche B] Term Loans contemplated hereby on the Increased Facility Closing Date), with the financial covenants set forth in Section 7.1 of the Credit Agreement,
recomputed as of the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available; 
 (c) Immediately prior to and after giving effect to any Incremental Facility Activation Notice (and the making of the Incremental [Tranche A][Tranche B] Term Loans contemplated hereby on the Increased
Facility Closing Date), (i) each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true and correct in all material respects (except that any representation or warranty which is already
qualified as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects), unless stated to relate to a specific earlier date, in which case, such representations and warranties shall be true and correct in
all material respects as of such earlier date and (ii) no Event of Default shall have occurred and be continuing; 
 (d) The Administrative Agent shall have received (i) a long form good standing certificate of the Borrower and (ii) a Closing Certificate of the Borrower consistent with that delivered on the
Closing Date under Section 5.2(i) of the Credit Agreement, with appropriate insertions and attachments, including the certificate of incorporation; and 
 (e) The Loan Documents shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loans evidenced hereby. 

[Signature page follows] 

  
 2 

							
		 		 	WOLVERINE WORLD WIDE, INC.
				
		 		 	By:	 	 
		 		 		 	Name:
		 		 		 	Title:
			
	 Incremental [Tranche A][Tranche B] Term
 Loan Amount
	 		 	
	$	 		 	[NAME OF LENDER]
				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:

  

			
	 CONSENTED TO:

JPMORGAN CHASE BANK, N.A.,
 as Administrative
Agent

		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT G-2 
 FORM OF 
 INCREASED FACILITY ACTIVATION NOTICE—INCREMENTAL REVOLVING
COMMITMENTS 
  

	To:	JPMorgan Chase Bank, N.A., as Administrative Agent 

 under the Credit Agreement referred to below 
 Reference is made to the Credit
Agreement, dated as of July 31, 2012 (as amended, supplemented or modified from time to time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan
Europe Limited, as foreign currency agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the other parties party thereto from time
to time. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 

This notice is an Increased Facility Activation Notice referred to in the Credit Agreement, and the Borrower and each of the Lenders
party hereto hereby notify you that: 
 1. Each Lender party hereto agrees to obtain an Incremental Revolving Commitment or
increase the amount of its Revolving Commitment as set forth opposite such Lender’s name on the signature pages hereof under the caption “Incremental Revolving Commitment Amount”. 

2. The Increased Facility Closing Date is             . 

3. The aggregate amount of Incremental Revolving Commitments contemplated hereby is
$            . 
 4. The agreement of each Lender party hereto to
obtain an Incremental Revolving Commitment on the Increased Facility Closing Date is subject to the satisfaction of the following conditions precedent: 
 (a) The Administrative Agent shall have received this notice, executed and delivered by the Borrower and each Lender party hereto; 

(b) The Borrower shall be in compliance, on a pro forma basis (including giving pro forma effect to any Incremental
Facility Activation Notice (and the making of the Incremental Revolving Commitments contemplated hereby on the Increased Facility Closing Date), with the financial covenants set forth in Section 7.1 of the Credit Agreement, recomputed as of the
last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available; and 
 (c) Immediately prior to and after giving effect to any Incremental Facility Activation Notice (and the making of the Incremental Revolving Commitments contemplated hereby on the Increased Facility
Closing Date), (i) each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true and correct in all material respects (except that any representation or warranty which is already qualified
as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects), unless stated to relate to a specific earlier date, in which case, such representations and warranties shall be true and correct in all material
respects as of such earlier date and (ii) no Event of Default shall have occurred and be continuing; 

 (d) The Administrative Agent shall have received (i) a long form good
standing certificate of the Borrower and (ii) a certificate of the Borrower consistent with that delivered on the Closing Date under Section 5.2(i) of the Credit Agreement, with appropriate insertions and attachments, including the
certificate of incorporation; and 
 (e) The Loan Documents shall be deemed amended to the extent (but only to
the extent) necessary to reflect the existence and terms of the Incremental Revolving Commitments evidenced hereby. 
 [Signature
page follows] 

							
		 		 	WOLVERINE WORLD WIDE, INC.
				
		 		 	By:	 	 
		 		 		 	Name:
		 		 		 	Title:
			
	 Incremental Revolving Commitment

Amount $
	 		 	
		 		 	[NAME OF LENDER]
				
		 		 	By:	 	  

		 		 		 	Name:
		 		 		 	Title:

  

			
	 CONSENTED TO:

JPMORGAN CHASE BANK, N.A.,
 as Administrative
Agent

		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT G-3 
 FORM OF 
 NEW LENDER SUPPLEMENT 

SUPPLEMENT, dated             , to the Credit Agreement, dated as of
July 31, 2012 (as amended, supplemented or modified from time to time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as
foreign currency agent, Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the other parties party thereto from time to time. Capitalized
terms used but not defined herein shall have the meanings assigned to such terms in the Credit Agreement. 
 W I T N E S S E T H:

 WHEREAS, the Credit Agreement provides in Section 2.25(b) thereof that any bank, financial institution or other entity
may become a party to the Credit Agreement with the consent of the Borrower and the Administrative Agent (in each case, such consent shall not be unreasonably withheld) in connection with any transaction described in Section 2.25(a) thereof by
executing and delivering to the Borrower and the Administrative Agent a supplement to the Credit Agreement in substantially the form of this Supplement; and 
 WHEREAS, the undersigned now desires to become a party to the Credit Agreement; 

NOW, THEREFORE, the undersigned hereby agrees as follows: 

1. The undersigned agrees to be bound by the provisions of the Credit Agreement, and agrees that it shall, on the date
this Supplement is accepted by the Borrower and the Administrative Agent, become a Lender for all purposes of the Credit Agreement to the same extent as if originally a party thereto, with [an Incremental [Tranche A][Tranche B] Term Loan] [an
Incremental Revolving Commitment] of $            . 

2. The undersigned (a) represents and warrants that (i) it has full power and authority, and has taken all
action necessary, to execute and deliver this Supplement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement
that are required to be satisfied by it in order to become a Lender, (iii) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 6.1 thereof, and such
other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Supplement on the basis of which it has made such analysis and decision independently and without reliance on the
Administrative Agent or any other Lender and (iv) if it is a Non-U.S. Lender, attached to this Supplement is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the
undersigned, and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its
own credit decisions in taking or not taking action under the Loan Documents and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender.

 3. The undersigned’s address for notices for the purposes of the Credit
Agreement is as follows: 
  

	
	 
	
	  
	
	  

 IN WITNESS WHEREOF, the undersigned has caused this Supplement to be executed and delivered by a
duly authorized officer on the date first above written. 
  

			
	[NAME OF LENDER]
		
	By:	 	 
		 	Name:
		 	Title:

 Accepted this             day of
            , 20        : 
  

			
	WOLVERINE WORLD WIDE, INC.
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	 JPMORGAN CHASE BANK, N.A.,
 as Administrative Agent

		
	By:	 	 
		 	Name:
		 	Title:

 EXHIBIT H 
 FORM OF BORROWING NOTICE 
 To: 
 JPMorgan Chase Bank, N.A. 
 as Administrative Agent 

270 Park Avenue 
 New York, New York 10017

  

			
	 [Attention:

Telecopy:
 Telephone:]
	  	[date]

 Reference is hereby made to the Credit Agreement, dated as of July 31, 2012 (as amended,
supplemented or otherwise modified from time to time, the “Credit Agreement”), among Wolverine World Wide, Inc. (the “Borrower”), the Lenders party thereto, J.P. Morgan Europe Limited, as foreign currency agent,
Wells Fargo Bank, National Association, as syndication agent, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the other parties party thereto from time to time. Terms defined in the Credit
Agreement and not otherwise defined herein are used herein with the meanings so defined. 
 The Borrower hereby requests a
borrowing of [Tranche A Term Loans][Tranche B Term Loans][Revolving Loans] and specifies the following information with respect to the Loans hereby requested: 
 Principal amount of [Tranche A Term Loans][Tranche B Term Loans][Revolving Loans]: $            . 

 

							
		 	Borrowing Date:	  	 	 	
		 	Type of Loan:	  	 	 	1
		 	Denomination:	  	 	 	2 
		 	[Interest Period:	  	 	 	]

 The Borrower hereby represents and warrants to the Administrative Agent and the Lenders that, on the
Borrowing Date, the conditions to lending specified in Section 5.3 of the Credit Agreement have been satisfied. 
  

 

	1 	 Specify Eurocurrency Loan or ABR Loan. 

	2 	 Specify Canadian Dollars, Dollars, Pounds Sterling, the Euro, Hong Kong Dollars, Swedish Kronor or Swiss Francs, as applicable.

 
			
	WOLVERINE WORLD WIDE, INC.
		
	By:	 	 
		 	Name:
		 	Title:

 Dated:EX-10.1

 Exhibit 10.1 
 EXECUTION COPY 
 BELDEN INC. 

and 
 BELDEN
CDT (CANADA) INC. 
 and 
 MIRANDA TECHNOLOGIES INC. 
  

 
 SUPPORT AGREEMENT

 June 4, 2012 
  

 

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
	 Article 1 INTERPRETATION
	  	 	1	  
		
	 1.1 Definitions
	  	 	1	  
	 1.2 Interpretation Not Affected by Headings, etc.
	  	 	8	  
	 1.3 Currency
	  	 	8	  
	 1.4 Number, etc.
	  	 	8	  
	 1.5 Date For Any Action
	  	 	8	  
	 1.6 Entire Agreement
	  	 	9	  
	 1.7 Schedules
	  	 	9	  
	 1.8 Accounting Matters
	  	 	9	  
	 1.9 Knowledge
	  	 	9	  
	 1.10 Subsidiaries
	  	 	9	  
	 1.11 Control
	  	 	9	  
		
	 Article 2 THE OFFER
	  	 	10	  
		
	 2.1 The Offer
	  	 	10	  
	 2.2 Withholding Taxes
	  	 	13	  
	 2.3 Miranda Approval of the Offer
	  	 	13	  
	 2.4 Miranda Shareholders’ List
	  	 	14	  
	 2.5 Designation of Directors
	  	 	14	  
	 2.6 Shareholder Rights Plan
	  	 	14	  
	 2.7 Standstill
	  	 	15	  
	 2.8 Subsequent Acquisition Transaction
	  	 	15	  
		
	 Article 3 REPRESENTATIONS AND WARRANTIES
	  	 	15	  
		
	 3.1 Representations and Warranties of Miranda
	  	 	15	  
	 3.2 Representations and Warranties of the Acquiror
	  	 	15	  
	 3.3 Cumulative Breach
	  	 	15	  
	 3.4 Survival
	  	 	16	  
		
	 Article 4 COVENANTS
	  	 	16	  
		
	 4.1 Antitrust Approvals
	  	 	16	  
	 4.2 Preparation of Filings, Securities Compliance, etc.
	  	 	16	  
	 4.3 Covenants of Miranda
	  	 	17	  
	 4.4 Covenants of Belden and the Acquiror
	  	 	22	  
	 4.5 Belden Guarantee of Performance of the Acquiror
	  	 	23	  
	 4.6 Covenants Regarding Non-Solicitation
	  	 	23	  
	 4.7 Superior Proposal Notice; Right to Match
	  	 	25	  
	 4.8 Access to Information
	  	 	27	  
	 4.9 Indemnification; Insurance
	  	 	28	  
	 4.10 No Personal Liability
	  	 	29	  
	 4.11 Anti-Dilution
	  	 	29	  
	 4.12 Outstanding Stock Options
	  	 	29	  
	 4.13 SARs
	  	 	30	  
	 4.14 DSUs and RSUs
	  	 	30	  
	 4.15 Termination of the Offer
	  	 	30	  
	 4.16 Required Securities Laws Approvals
	  	 	30	  

  
 -i-

 TABLE OF CONTENTS 

 

					
	 	  	Page	 
		
	 Article 5 NOTICE AND CURE
	  	 	30	  
		
	 5.1 Notice and Cure Provisions
	  	 	30	  
		
	 Article 6 AMENDMENT AND TERMINATION
	  	 	31	  
		
	 6.1 Amendment
	  	 	31	  
	 6.2 Understanding Regarding Proposed Amendments
	  	 	31	  
	 6.3 Termination
	  	 	31	  
	 6.4 Effect of Termination
	  	 	33	  
	 6.5 Termination Fee
	  	 	33	  
	 6.6 Liquidated Damages
	  	 	34	  
	 6.7 Remedies
	  	 	35	  
		
	 Article 7 GENERAL
	  	 	35	  
		
	 7.1 Notices
	  	 	35	  
	 7.2 Assignment
	  	 	36	  
	 7.3 Binding Effect
	  	 	36	  
	 7.4 Waiver and Modification
	  	 	37	  
	 7.5 Further Assurances
	  	 	37	  
	 7.6 Expenses
	  	 	37	  
	 7.7 Publicity
	  	 	37	  
	 7.8 Governing Laws
	  	 	37	  
	 7.9 Time of Essence
	  	 	37	  
	 7.10 Counterparts
	  	 	37	  

  
 -ii-

 SUPPORT AGREEMENT 

Support Agreement (the “Agreement”) dated June 4, 2012 among Belden Inc. (“Belden”), Belden CDT
(Canada) Inc. (the “Acquiror”) and Miranda Technologies Inc. (“Miranda”). 
 In consideration of the mutual
agreements contained herein (the receipt and adequacy of which are acknowledged), the parties agree as follows: 
 ARTICLE 1

 INTERPRETATION 
 1.1 Definitions 
 In this Agreement, unless there is something in the
subject matter or context inconsistent therewith, the following terms shall have the following meanings respectively: 
 “2010 RSU
Plan” means Miranda’s 2010 restricted share units plan. 
 “Acquiror Circular” means the offer and take-over bid
circular of the Acquiror to be mailed to Miranda Shareholders in respect of the Offer. 
 “Acquisition Proposal” means:
(i) any take-over bid, merger, amalgamation, plan of arrangement, business combination, consolidation, recapitalization, dissolution, liquidation or winding-up in respect of Miranda or any subsidiary thereof by a Person other than Belden (or
any affiliate or subsidiary of Belden or a Person acting jointly or in concert with Belden); (ii) any direct or indirect sale, lease, long-term supply agreement or other arrangement having the same economic effect as a sale, license, mortgage,
hypothecation, pledge, transfer or other disposition of the assets of Miranda and/or one or more of its subsidiaries that, individually or in the aggregate, constitute 20% or more of the consolidated assets of Miranda or which contribute 20% or more
of the consolidated revenues or earnings of Miranda, whether in a single transaction or series of transactions to a Person other than Belden (or any affiliate or subsidiary of Belden or a Person acting jointly or in concert with Belden);
(iii) any direct or indirect sale, acquisition or issuance of 20% or more of the securities of Miranda or any subsidiary thereof of any class or rights or interests therein or thereto or a single transaction or series of transactions;
(iv) any similar business combination or transaction, of or involving Miranda and/or any subsidiary thereof, other than with Belden (or any affiliate or subsidiary of Belden or a Person acting jointly or in concert with Belden); or
(vi) any proposal or offer to, or public announcement of an intention to do, any of the foregoing from any Person other than Belden (or any affiliate or subsidiary of Belden or a Person acting jointly or in concert with Belden). 

“affiliate” has the meaning that would be given to such term in the Securities Act, if the word “company” were changed to
“Person” (as defined herein). 
 “Alternative Transaction” has the meaning ascribed thereto in Section 6.2.

 “AMF” means the Autorité des marchés financiers (Québec). 

“Antitrust Approvals” means Competition Act Approval and HSR Compliance and all other clearance or approvals required under the
antitrust or competition laws of any country, as described in Schedule B annexed hereto. 
 “Authorization” includes any
authorization, order, sanction, waiver, permit, approval, grant, licence, registration, consent, right, notification, condition, franchise, privilege, certificate, judgment, writ, injunction, award, determination, direction, decision, decree, bylaw,
rule or regulation. 

 “Benefit Plans” means all employee benefit plans, arrangements, agreements, programs,
policies and undertakings, (whether formal or informal, funded or unfunded, insured or uninsured, registered or unregistered) for the benefit of employees or former employees, directors or officers or individuals working on contract (or any spouses,
dependants, survivors or beneficiaries of any such persons) of Miranda or its subsidiaries, related to retirement savings, pensions, supplemental pensions, bonuses, profit sharing, deferred compensation, incentive compensation, equity or unit based
compensation, life or accident insurance, hospitalization, health, medical or dental treatment or expenses, disability, unemployment benefits, employee loan, vacation pay, fringe benefits, termination pay or any other benefit plans, which are
sponsored, maintained or contributed to by, or to which there is or may be an obligation to contribute by, or in respect of which there is any liability or potential liability of, Miranda or its subsidiaries, and including the Miranda Plans.

 “Books and Records” means books and records of Miranda, including financial, corporate, operations and sales books, records,
books of account, sales and purchase records, lists of suppliers and customers, business reports, plans and projections and all other documents, plans, files, records, assessments, correspondence, and other data and information, financial or
otherwise, including all data, information and databases stored on computer-related or other electronic media 
 “Business Day”
means any day on which commercial banks are generally open for business in Montreal other than a Saturday, a Sunday or a day observed as a holiday in Montreal, Québec under applicable Laws. 

“Commissioner” means the Commissioner of Competition or her authorized delegate appointed under the Competition Act. 

“Competition Act” means the Competition Act (Canada), R.S.C., c. C-34, as amended. 

“Competition Act Approval” has the meaning ascribed thereto in Schedule B annexed hereto. 

“Compulsory Acquisition” has the meaning ascribed thereto in Section 2.8. 
 “Confidentiality Agreement” means the confidentiality agreement between Belden and Miranda dated as of March 16, 2012, as amended, extended or restated from time to time. 

“Consideration” has the meaning ascribed thereto in Section 4.3(a)(xxii). 
 “Contemplated Transactions” means the Offer, the Take-Up, any Compulsory Acquisition, any Subsequent Acquisition Transaction, any subsequent amalgamation, merger or other business
combination of the Acquiror (or any of its affiliates) and Miranda, any Alternative Transaction and any other actions with respect to any other transactions contemplated by this Agreement. 
 “Contract” means any contract, agreement, undertaking, licence, note, bond, mortgage, indenture, loan or deed of trust. 
 “Data Room” means the secure website maintained by Miranda at www.datasite.merrillcorp.com as of 4:00 p.m. (Eastern time) on June 4, 2012. 

“Diligence Period” has the meaning ascribed thereto in Section 4.6(e)(ii)(A). 

“Effective Time” has the meaning ascribed thereto in Section 4.3(a). 

  
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 “Encumbrances” means any encumbrance, lien, prior claim, license, lease, charge, hypothec,
pledge, mortgage, title retention agreement, security interest of any nature, adverse claim, exception, reservation, easement, servitude, right of pre-emption, privilege or any option, right of pre-emption, privilege or contract to create any of the
foregoing. 
 “Expense Reimbursement” has the meaning ascribed thereto in Section 6.5(b). 

“Expiry Time” has the meaning ascribed thereto in Section 2.1(c). 
 “Governmental Entity” means any (i) multinational, federal, provincial, state, regional, municipal, local or other government, governmental or public department, central bank, court,
tribunal, arbitral body, commission, board, bureau or agency, domestic or foreign, (ii) any subdivision, agent, commission, board, or authority of any of the foregoing, or (iii) any quasigovernmental or private body exercising any
regulatory, expropriation or Taxing authority under or for the account of any of the foregoing, and includes a stock exchange. 

“Governmental Official” includes an employee of governments, agencies, or state-owned or state-controlled business enterprises.

 “HSR Compliance” has the meaning ascribed thereto in Schedule B annexed hereto. 

“IFRS” means International Financial Reporting Standards, as adopted by the International Accounting Standards Board. 

“including” means including without limitation. 
 “Indemnified Person” has the meaning ascribed thereto in Section 4.9(a). 

“Information” has the meaning ascribed thereto in Section 4.8(b). 
 “Initial Expiry Time” has the meaning ascribed thereto in Section 2.1(c). 

“Intellectual Property” has the meaning ascribed thereto in Schedule C annexed hereto. 

“Latest Mailing Time” has the meaning ascribed thereto in Section 2.1(a). 
 “Laws” means all international, national, provincial, state, municipal and local laws, statutes, regulations, rules, orders, treaties, ordinances, judgements, decrees, injunctions, writs,
certificates, by-laws, notices and terms and conditions of any grant of approval, permission, authority or license of any Governmental Entity (including the AMF and the TSX) or other requirements, policies or instruments of any Governmental Entity
having the force of law, and the term “applicable” with respect to such Laws and in the context that refers to one or more Persons, means that such Laws apply to such Person or Persons or its or their business, undertaking, property or
securities and emanate from a Governmental Entity (including the AMF and the TSX) having jurisdiction over the Person or Persons or its or their business, undertaking, property or securities. 
 “Lease” has the meaning ascribed thereto in Schedule C annexed hereto. 

“Lock-Up Agreements” means the lock-up agreements entered into contemporaneously herewith, in the form attached as Schedule E
annexed hereto, between the Acquiror, Belden and the Lock-Up Parties. 

  
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 “Lock-Up Parties” means, collectively, each of the directors of Miranda and each of the
senior officers of Miranda (being the Chief Executive Officer, Chief Financial Officer, Chief Technology Officer, Chief Operating Officer, and Executive Vice President, Corporate Development). 

“Material Adverse Effect” means, when used in connection with a Person, any change, event, occurrence, state of facts or effect that,
individually or in the aggregate, is, or would reasonably be expected to be, material and adverse to the financial condition, properties, assets, liabilities (including any contingent liabilities), obligations (whether absolute, accrued, conditional
or otherwise), businesses, operations or results of operations of that Person and its subsidiaries taken as a whole, whether before or after giving effect to the transactions contemplated by this Agreement other than any change, event, occurrence,
state of facts or effect: 
  

	 	(i)	resulting from, or arising in connection with, the announcement of this Agreement or the transactions contemplated hereby; 

 

	 	(ii)	relating to general economic, political, business or regulatory conditions or securities, financial, credit, banking, currency or capital markets generally in Canada,
the United States, Europe or elsewhere; 

  

	 	(iii)	relating to any changes in currency exchange rates, interest rates, monetary policy or inflation; 

 

	 	(iv)	relating to changes generally affecting the industry in which Miranda and its subsidiaries carry on business; 

 

	 	(v)	relating to a change in the market trading price or trading volume of securities of that Person; 

 

	 	(vi)	relating solely to the failure by that Person to meet any earnings, projections, forecasts or estimates, whether internal or previously publicly announced;

  

	 	(vii)	relating to any change in applicable Laws or applicable generally accepted accounting principles or as a result of any reconciliation of financial data into IFRS;

  

	 	(viii)	resulting from compliance with the terms of this Agreement or resulting from actions or inactions to which the other Party has expressly consented, in writing; or

  

	 	(ix)	relating to any act of God or other calamity, national or international, political or social conditions (including the engagement by any country in hostilities, whether
commenced before or after the date hereof, and whether or not pursuant to the declaration of a national emergency or war), or the occurrence of any military, militant or terrorist attack (or any escalation or worsening thereof);

 provided that the causes underlying such change, event, occurrence, state of facts or effect referred to in clauses (v) or
(vi), respectively, may be taken into account when determining whether a Material Adverse Effect has occurred and provided further, however, that such change, event, occurrence, state of facts or effect referred to in clause (ii), (iii), (iv),
(vii) or (ix) above does not primarily relate to (or have the effect of primarily relating to) that Person and its subsidiaries, taken as a whole, or materially disproportionately adversely affect that Person and its subsidiaries, taken as
a whole, compared to other companies of similar size operating in the industry in which that Person and its subsidiaries operate. 

“Material Contracts” has the meaning ascribed thereto in Schedule C annexed hereto. 

  
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 “material fact” shall have the meaning given to such term under the Securities Act.

 “Minimum Tender Condition” has the meaning ascribed thereto in Section 2.1(b). 

“Miranda Board” means the Miranda board of directors. 
 “Miranda Circular” means the board of directors’ circular of Miranda in response to the Offer. 
 “Miranda Disclosure Letter” means the letter dated the date of this Agreement delivered by Miranda to the Acquiror, in form and substance accepted by and initialled on behalf of the
Acquiror, with respect to certain matters in this Agreement. 
 “Miranda DSUs” means the deferred share units granted pursuant
to the Miranda Long Term Incentive Plan. 
 “Miranda Long Term Incentive Plan” means Miranda’s Board of Directors Shares
Ownership and Long Term Incentive Plan Policy adopted December 10, 2009. 
 “Miranda Plans” means, collectively, the
Miranda Stock Option Plan, the Miranda Long Term Incentive Plan, Miranda’s 2010 RSU Plan and the SAR Plan. 
 “Miranda
RSUs” means the restricted share units granted pursuant to Miranda’s 2010 RSU Plan. 
 “Miranda Shareholders”
means the registered or beneficial holders of the issued and outstanding Miranda Shares. 
 “Miranda Shares” means the issued
and outstanding common shares in the capital of Miranda. 
 “Miranda Stock Option Plan” means Miranda’s amended and
restated stock option plan dated November 30, 2005, as amended on May 9, 2006, May 7, 2008 and February 19, 2008. 

“Mortgages” means collectively, any mortgage, charge, hypothec, lien or other security agreement that creates a mortgage, hypothec or
charge upon the Owned Real Property of Miranda or any of its subsidiaries in favour of a lender as security for any indebtedness of Miranda or its applicable subsidiary and all amendments thereto to the date hereof. 

“Offer” has the meaning ascribed thereto 2.1. 
 “Offer Price” has the meaning ascribed thereto in Section 2 of Schedule A annexed hereto. 
 “Officer Obligations” has the meaning ascribed thereto in Section 27 of Schedule C annexed hereto. 
 “Options” means any outstanding options under the Miranda Stock Option Plan. 

“Outside Date” means one hundred and twenty (120) days from the date of this Agreement or such later date as may be mutually agreed
by the parties. 
 “Owned Real Property” has the meaning ascribed thereto in Schedule C annexed hereto. 

“Party” means Miranda or the Acquiror, as applicable, and “Parties” means both Miranda and the Acquiror together. 

  
 - 5 -

 “Permitted Encumbrances” has the meaning ascribed thereto in the Miranda Disclosure Letter.

 “Person” means any individual, sole proprietorship, partnership, firm, entity, unincorporated association, unincorporated
syndicate, unincorporated organization, trust, body corporate, fund, organization or other group of organized persons, government, government regulatory authority, governmental department, agency, commission, board, tribunal, dispute settlement
panel or body, bureau, court, and where the context requires any of the foregoing when they are acting as trustee, executor, administrator or other legal representative. 
 “Pre-Acquisition Reorganization” has the meaning ascribed thereto in Section 4.3(d). 
 “Publicly Disclosed by Miranda” means disclosed by Miranda in a public filing made by it with the AMF and the other securities regulators from January 1, 2011 to the date hereof and
available at www.sedar.com or as set out in the Miranda Disclosure Letter. 
 “QBCA” means the Business Corporations Act
(Québec) or its successor legislation and the regulations made thereunder. 
 “Related Entity” means a Person that is
Controlled by or Controls Miranda or that is Controlled by the same Person that Controls Miranda. For the purposes of the definition of “Related Entity, “Control” shall have the meaning ascribed thereto in Section 1.11.

 “Related Party Transactions” has the meaning ascribed thereto in Schedule C annexed hereto. 

“Representatives” has the meaning ascribed thereto in Section 4.8(a). 
 “Right” means a right to purchase a Miranda Share, upon the terms and subject to the conditions set forth in the Shareholder Rights Plan. 

“Right to Match Period” has the meaning ascribed thereto in Section 4.7(a)(iv). 

“SARs” means Miranda’s stock appreciation rights granted to certain senior executives pursuant to the SAR Plan. 

“SAR Plan” means Miranda’s stock appreciation rights plan; 
 “Securities Act” means the Securities Act (Québec), as amended. 

“Securities Laws” means, collectively the Securities Act and all other applicable provincial securities laws, rules and regulations,
notices and policy statements in Canada, as amended. 
 “Separation Time” has the meaning set out in the Shareholder Rights
Plan. 
 “Shareholder Rights Plan” means the amended and restated shareholder rights plan, dated as of April 17, 2012,
between Miranda and Computershare Investor Services Inc. 
 “Software” has the meaning ascribed thereto in Schedule C
annexed hereto. 
 “Software-Related Products” has the meaning ascribed thereto in Schedule C annexed hereto.

 “Special Committee” means the special committee of the Miranda Board. 

  
 - 6 -

 “Subsequent Acquisition Transaction” has the meaning ascribed thereto in Section 2.8.

 “subsidiary” means (i) a corporation at least 50% of the voting power of the outstanding voting shares of which is
owned, directly or indirectly, by Miranda or the Acquiror, as the case may be, or by one or more other subsidiaries, or by Miranda or the Acquiror, as the case may be, and one or more other subsidiaries; or (ii) any other Person (other than a
company or corporation) in which Miranda or the Acquiror, as the case may be, or one or more other subsidiaries, directly or indirectly, has at least an ownership of 50% or of which it is the principal beneficiary, and of which Miranda or the
Acquiror, as the case may be, and/or one or more subsidiaries has, directly or indirectly, the power to direct the policies, management and affairs. 
 “Superior Proposal” means an unsolicited, bona fide, written Acquisition Proposal made after the date hereof by a third party (other than the Acquiror or any of its affiliates) to
purchase or otherwise acquire, directly or indirectly, by means of a take-over bid, merger, amalgamation, plan of arrangement, business combination, consolidation, asset purchase, recapitalization, liquidation or winding-up or similar transaction,
(a) 100% of the outstanding Miranda Shares (on a fully diluted basis) (other than Miranda Shares beneficially owned by the party making such Acquisition Proposal), or (b) all or substantially all of the assets of Miranda and its
subsidiaries as a whole, that, in either case: 
  

	 	(a)	did not result from a breach of Section 4.6; 

  

	 	(b)	complies in all material respects with Securities Laws; 

  

	 	(c)	in respect of which the Miranda Board has determined in good faith (after consulting with its financial advisors and outside legal counsel), that, taking into account
all of the terms and conditions of such Acquisition Proposal, such Acquisition Proposal would, if consummated in accordance with its terms (but not disregarding any risk of non-completion), result in a transaction more favourable to Miranda
Shareholders from a financial point of view than the Offer (taking into consideration any adjustment to the terms and conditions of the Offer proposed by Belden and the Acquiror pursuant to Section 4.7(b)); 

 

	 	(d)	is a transaction in which the required financing has been obtained or in respect of which written confirmation has been provided from the sources of financing to be
used to complete such transaction that financing is available; 

  

	 	(e)	is not subject to any due diligence and/or access condition and is not subject to any financing condition; 

 

	 	(f)	if it relates to the acquisition of outstanding Miranda Shares, is made available to all Miranda Shareholders on the same terms and conditions; and

  

	 	(g)	is reasonably capable of being completed without undue delay in accordance with its terms, taking into account all legal, financial, regulatory and other aspects of
such Acquisition Proposal (including the conditions to such Acquisition Proposal) and the party making such proposal. 

“Superior Proposal Notice” has the meaning ascribed thereto in Section 4.7(a)(iii). 

“Take-Up” means the Acquiror’s taking up of Miranda Shares under the Offer in accordance with applicable Laws. 

  
 - 7 -

 “Tax” or “Taxes” means all income, capital, gross receipts, gains, sales,
use, employment, franchise, profits, excise, property, value added and other taxes, fees, stamp taxes or duties, assessments, levies or governmental charges of any kind whatsoever, together with any interest and penalties, additions to tax or
additional amounts imposed by any taxing authority with respect thereto. 
 “Tax Act” means the Income Tax Act (Canada),
as amended. 
 “Tax Returns” means any and all reports, returns or other information required to be provided to or filed with
any applicable Governmental Entity in connection with any Taxes. 
 “Termination Fee” has the meaning ascribed thereto in
Section 6.5. 
 “Third Party Consents” mean those consents, waivers, confirmations and other approvals of third parties
required in connection with the transactions contemplated under this Agreement as contemplated in the Miranda Disclosure Letter. 

“Third Party Beneficiaries” shall have the meaning ascribed thereto in Section 4.9(d). 

“TSX” means the Toronto Stock Exchange. 
 “Withholding Amount” has the meaning ascribed thereto in Section 4.12(b). 

1.2 Interpretation Not Affected by Headings, etc. 
 The division of this Agreement into Articles, Sections and other portions and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation
hereof. Unless otherwise indicated, all references to an “Article” or “Section” followed by a number and/or letter refer to the specified Article or Section of this Agreement. The terms “this
Agreement”, “hereof”, “herein” and “hereunder” and similar expressions refer to this Agreement (including the Schedules hereto) and not to any particular Article, Section or other portion
hereof and include any agreement or instrument supplementary or ancillary hereto. Reference to an action taken by a Person in the “ordinary course” means that the action is consistent with past practices of such Person and is taken in the
ordinary course of business of such Person. 
 1.3 Currency 
 Unless otherwise specifically indicated, all sums of money referred to in this Agreement are expressed in lawful money of Canada. 
 1.4 Number, etc. 
 Unless the context otherwise requires, words importing
the singular shall include the plural and vice versa and words importing any gender shall include all genders. 
 1.5 Date For Any Action

 In the event that any date on which any action is required to be taken hereunder by any of the parties hereto or of any
other event or occurrence contemplated hereby is not a Business Day, such action, event or occurrence shall be required to be taken or occur on the next succeeding Business Day. 

  
 - 8 -

 1.6 Entire Agreement 
 This Agreement, the agreements and other documents herein referred to and the Confidentiality Agreement constitute the entire agreement between the parties pertaining hereto and supersede all other prior
agreements, understandings, negotiations and discussions, whether oral or written, between the parties hereto. Except as expressly represented and warranted herein, neither Party shall be considered to have given any other express or implied
representations or warranties, including as a result of oral or written statements. 
 1.7 Schedules 

The following Schedules are annexed to this Agreement and are hereby incorporated by reference into this Agreement and form part hereof:

 Schedule A – Offer Terms 
 Schedule B – Antitrust Approvals 
 Schedule C – Miranda
Representations and Warranties 
 Schedule D – Belden and Acquiror Representations and Warranties 

Schedule E – Form of Lock-Up Agreement 
 1.8 Accounting Matters 
 Unless otherwise stated, all accounting terms used
in this Agreement shall have the meanings attributable thereto under IFRS and all determinations of an accounting nature required to be made shall be made in a manner consistent with IFRS. 
 1.9 Knowledge 
 Each reference herein to the knowledge of Miranda means,
unless otherwise specified, the actual knowledge of Strath Goodship, Mario Settino, René Vachon, Patrick St-Yves, Michel Proulx, Luc St-Georges, Kevin Joyce, and Marco Lopez, after due inquiry. 

1.10 Subsidiaries 
 Each
reference herein to Miranda and the Acquiror shall include, unless the context otherwise requires, all of their respective subsidiaries. 

1.11 Control 
 Strictly
for purposes of the definition of “Related Entity” hereinabove, a Person (First Person) is considered to “Control” another Person (Second Person) if the First Person, directly or indirectly, has the power to direct the management
and policies of the Second Person by virtue of, (i) ownership of or direction over voting securities in the Second Person, (ii) a written agreement or indenture, (iii) being the general partner or controlling the general partner of
the Second Person, or (iv) being a trustee of the Second Person. 

  
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 ARTICLE 2 
 THE OFFER 
 2.1 The Offer 

 

	 	(a)	Belden shall promptly publicly announce its intention to cause the Acquiror to make an offer (the “Offer”), and the Acquiror shall commence the Offer,
subject to Section 2.3(e), pursuant to which the Acquiror shall make, or cause a direct or indirect wholly-owned subsidiary of the Acquiror to make, the Offer for all of the Miranda Shares, including Miranda Shares issuable (and that, prior to
the Expiry Time are actually issued or conditionally issued pursuant to Sections 4.12 and 4.14) upon the exercise of Options, by mailing the Offer to registered Miranda Shareholders not later than 11:59 p.m. (Eastern time) on the tenth Business Day
following the date hereof (the “Latest Mailing Time”), subject to the timely receipt of all required information from Miranda and provided that if the mailing of the Offer is delayed by reason of: (a) any circumstance
contemplated in Section 2.1(e)(x), then, provided that such injunction, order or other action is being contested or appealed by Belden or the Acquiror, the Latest Mailing Time shall be extended to 11:59 p.m. (Eastern time) on the fifth Business
Day following the date on which such injunction, order or other action ceases to be in effect; (b) the Acquiror not having obtained any regulatory waiver, consent or approval which is necessary to permit the Acquiror to mail the Offer, then,
provided that such regulatory waiver, consent or approval is being actively sought, the Latest Mailing Time shall be extended to 11:59 p.m. (Eastern time) on the fifth Business Day following the date on which such waiver, consent or approval is
obtained; (c) Miranda not having provided to the Acquiror the Miranda Circular in accordance with Section 2.1(e)(vi) as well as any information pertaining to Miranda that is necessary for the completion of the Acquiror Circular by the
Acquiror, or not having provided the lists and other information and assistance referred to in Section 2.4, or not having provided the Acquiror with such other assistance in the preparation of the Acquiror Circular as may be reasonably
requested by the Acquiror in order that the Acquiror Circular comply in all material respects with applicable Securities Laws, then the Latest Mailing Time shall be extended to 11:59 p.m. (Eastern time) on the fifth Business Day following the date
on which Miranda supplies such necessary information or other assistance; (d) an Acquisition Proposal having been publicly announced, the Latest Mailing Time shall be extended to 11:59 p.m. (Eastern time) on the fifth Business Day following the
date on which the Miranda Board has confirmed in writing to the Acquiror that such Acquisition Proposal is not a Superior Proposal and has publicly re-affirmed its recommendation in favour of the Offer; (e) an Acquisition Proposal having been
privately submitted to Miranda, the Latest Mailing Time shall be extended to 11:59 p.m. (Eastern time) on the fifth Business Day following the date on which the Miranda Board has confirmed in writing to the Acquiror that such Acquisition Proposal is
not a Superior Proposal; and (f) Miranda having provided a Superior Proposal Notice to Belden pursuant to Section 4.7(a)(iii) prior to the Latest Mailing Time, then the Latest Mailing Time will be extended to 11:59 p.m. (Eastern time) on
the fifth Business Day following the earlier of (A) the date on which Miranda provides written notification to Belden that the Miranda Board has determined that the applicable Acquisition Proposal is not a Superior Proposal, and (B) the
date on which Miranda and the Acquiror enter into an amended agreement pursuant to Section 4.7(b) which results in such Acquisition Proposal ceasing to be a Superior Proposal. The Acquiror may, at its election, commence the Offer by way of
advertisement in a national Canadian newspaper and otherwise in compliance with Securities Laws. Subject to the foregoing, as promptly as reasonably practicable after the execution and delivery of this Agreement, the Acquiror shall complete the
Acquiror Circular, in the English and French languages, together with any other documents required by the Securities Laws in connection with the Offer, and as promptly as reasonably practicable thereafter, the Acquiror shall, unless otherwise agreed
by the parties, cause the Acquiror Circular and other documentation required in connection with the Offer to be sent to each of the Miranda Shareholders and filed as required by applicable Laws. 

  
 - 10 -

	 	(b)	The Offer shall be subject to the condition that there has been validly deposited under the Offer and not withdrawn at the Expiry Time such number of Miranda Shares
which, together with any Miranda Shares directly or indirectly owned by the Acquiror, constitutes at least 66 2/3% of the Miranda Shares outstanding at the Expiry Time (on a fully-diluted basis) (as such condition may be amended from time to time in
accordance with this Agreement, the “Minimum Tender Condition”) and shall be subject to the terms and conditions set forth in Schedule A and shall contain no other conditions. 

 

	 	(c)	The Offer shall expire not earlier than 8:00 p.m. (Eastern time) on the 36th day (the “Initial Expiry Time”) after the date that the Offer is first
commenced within the meaning of the Securities Act, subject to the right of the Acquiror to extend from time to time the period during which Miranda Shares may be deposited under the Offer (such Initial Expiry Time or any extension thereof, the
“Expiry Time”) if the Minimum Tender Condition or any other condition to the Offer is not satisfied or waived at the Expiry Time. Without limiting the generality of the foregoing, unless Miranda and the Acquiror shall mutually agree
otherwise, the Acquiror shall extend the Offer (i) through one or more extensions for up to an additional 45 days after the date of the Initial Expiry Time (provided that in no event shall the Acquiror be required to extend the Expiry Time
later than the Outside Date) if any Antitrust Approvals have not been obtained or waived at the relevant Expiry Time or (ii) through one or more extensions for up to an additional 20 days after the date of the Initial Expiry Time (provided that
in no event shall the Acquiror be required to extend the Expiry Time later than the Outside Date) if another condition set forth in Schedule A has not been satisfied or waived at the relevant Expiry Time. 

 

	 	(d)	It is understood and agreed that the Acquiror may, in its sole discretion, modify or waive any term or condition of the Offer; provided that the Acquiror shall not,
without the prior written consent of Miranda: 

  

	 	(i)	amend, modify or waive the Minimum Tender Condition other than to effectively decrease the Minimum Tender Condition to not less than 50.1% of the Miranda Shares then
outstanding (calculated on a fully diluted basis), provided that if the Acquiror so amends, waives or modifies the Minimum Tender Condition and takes up and pays for any Miranda Shares pursuant to the Offer, the Acquiror shall extend the Offer to
the extent required to ensure that the Expiry Time shall not occur on a date that is less than 10 days from the date of such amendment, waiver or modification; 

 

	 	(ii)	decrease the consideration payable per Miranda Share; 

  

	 	(iii)	change the form of consideration payable under the Offer (other than to add additional consideration or to provide Miranda Shareholders with consideration
alternatives); 

  

	 	(iv)	decrease the number of Miranda Shares in respect of which the Offer is made; or 

 

	 	(v)	impose additional conditions to the Offer or otherwise vary the Offer (or any terms or conditions thereof) in a manner which is adverse to Miranda Shareholders.

  

	 	(e)	Notwithstanding any other provision of this Agreement, the obligation of Belden to cause the Acquiror to make the Offer is conditional on the prior satisfaction of the
following conditions, all of which conditions are included for the sole benefit of Belden and the Acquiror and any or all of which may be waived by Belden and the Acquiror in whole or in part in their sole discretion without prejudice to any other
right Belden or the Acquiror may have under this Agreement and which shall be deemed to have been waived by the making of the Offer: 

  
 - 11 -

	 	(i)	the obligations of the Acquiror hereunder shall not have been terminated pursuant to Section 6.3; 

 

	 	(ii)	Lock-Up Agreements shall have been executed and delivered by the Lock-Up Parties and shall not have been terminated; 

 

	 	(iii)	no change, effect, event, circumstance, occurrence or state of facts (other than a change, effect, event, circumstance, occurrence or state of facts caused by Belden,
or any affiliate or subsidiary of Belden or any Person acting jointly or in concert with Belden) shall have occurred that would render it impossible or impracticable for one or more of the conditions set forth in Schedule A to be satisfied;

  

	 	(iv)	the Acquiror shall have received, or shall have received assurances satisfactory to the Acquiror acting reasonably that it will receive, all waivers, rulings or orders
necessary for the Acquiror to make the Offer and to mail the Acquiror Circular to the Miranda Shareholders from all applicable securities commissions or other regulatory authorities; 

 

	 	(v)	the Miranda Board shall have unanimously recommended that Miranda Shareholders accept the Offer in accordance with Section 2.3(a) and not have withdrawn the
recommendation referred to in Section 2.3(a) or changed, modified, or qualified such recommendation in a manner that has substantially the same effect or taken any other action or made any public statement inconsistent with such recommendation;

  

	 	(vi)	Miranda shall have prepared and made available for distribution contemporaneously and together with the Acquiror Circular sufficient copies of the Miranda Circular (in
the English and French languages) prepared in all material respects in accordance with all applicable Securities Laws, which shall reflect the determinations and recommendation of the Miranda Board set forth in Section 2.3(a) and
Section 2.3(b); 

  

	 	(vii)	there shall not have occurred or arisen a Material Adverse Effect in respect of Miranda; 

 

	 	(viii)	Miranda shall have complied in all material respects with its covenants in this Agreement; 

 

	 	(ix)	all representations and warranties of Miranda set forth in Schedule C shall be true and correct at the time of the making of the Offer except for any such
inaccuracies as would not result in a failure to satisfy the closing condition set forth in Section (j) of Schedule A; and 

  

	 	(x)	no cease trade order, injunction or other prohibition at Law shall exist against the Acquiror making the Offer or taking up or paying for Miranda Shares deposited under
the Offer. 

  
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	 	(f)	The Acquiror shall give Miranda a reasonable opportunity to review and comment on the Acquiror Circular and all other documentation included or in connection therewith
(including if applicable any cover letter, letter of transmittal and notice of guaranteed delivery), it being understood that whether or not such comments are appropriate will be determined by Belden and the Acquiror, acting reasonably.

  

	 	(g)	Prior to printing the Miranda Circular, Miranda shall provide Belden and the Acquiror with a reasonable opportunity to review and comment on it, recognizing that
whether or not such comments are appropriate will be determined by Miranda, acting reasonably. Miranda shall file the Miranda Circular and any other documents required by all applicable Securities Laws in connection with the Miranda Circular with
applicable securities regulatory authorities within the times and in the manner required by all applicable Securities Laws. 

2.2 Withholding Taxes 
 The Acquiror
shall be entitled to deduct and withhold from any consideration payable or otherwise deliverable to any Person hereunder and from all dividends, interest or other amounts payable to any Miranda Shareholder such amounts as the Acquiror (or its agent)
is required to deduct and withhold therefrom under any provision of applicable Laws in respect of Taxes. To the extent that such amounts are so deducted, withheld and remitted, such amounts shall be treated for all purposes under this Agreement as
having been paid to the Person to whom such amounts would otherwise have been paid. 
 2.3 Miranda Approval of the Offer 

Miranda represents and warrants to and in favour of Belden and the Acquiror that: 

 

	 	(a)	the Miranda Board has, on recommendation of the Special Committee, determined unanimously that, as at the date hereof, this Agreement and the Offer are fair to the
Miranda Shareholders and are in the best interests of Miranda and the Miranda Shareholders; 

  

	 	(b)	the Miranda Board has, as at the date hereof, unanimously resolved to recommend that all Miranda Shareholders accept the Offer and tender their Miranda Shares to the
Offer; 

  

	 	(c)	the Miranda Board has received an opinion from BMO Nesbitt Burns Inc. that the consideration receivable under the Offer is fair from a financial point of view to the
Miranda Shareholders and confirmation that BMO Nesbitt Burns Inc. will provide a written opinion to that effect on or before the date of the Miranda Circular; 

 

	 	(d)	Miranda has been advised and believes, after reasonable inquiry, that each of the Lock-Up Parties: (A) intends to enter into a Lock-Up Agreement; and
(B) agrees that the press release to be issued by Belden may so state and that references to such support may be made in the Acquiror Circular and other documents relating to the Offer; and 

 

	 	(e)	the Miranda Board has by resolution deferred the Separation Time of the Rights under the Shareholder Rights Plan with respect to the Offer until a time to be determined
by the Miranda Board (to be no earlier than immediately after the Expiry Time), and has agreed to irrevocably waive or suspend the operation of or to otherwise render the Shareholder Rights Plan inoperative against the Offer and the acquisition of
Miranda Shares pursuant thereto with effect immediately prior to the Take-Up. 

  
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 2.4 Miranda Shareholders’ List 

Miranda shall provide the Acquiror, as soon as reasonably practicable following the execution and delivery of this Agreement, with a list
of the registered holders of Miranda Shares as well as a list of participants in book based nominee registrants such as CDS & Co. and non-objecting beneficial holders of Miranda Shares, in each case in electronic form and as of the latest
practicable date, including address and securityholding information for each Person, to the extent available. Miranda shall concurrently provide the Acquiror with the names, addresses and holdings of all Persons having rights to acquire Miranda
Shares and the details of such rights. Miranda shall from time to time promptly furnish Acquiror with such additional information, including updated or additional lists of Miranda Shareholders, mailing labels and lists of securities positions and
other assistance as Belden may reasonably request in order to be able to communicate the Offer to the Miranda Shareholders and to such other Persons as are entitled to receive the Offer under applicable Securities Laws. 

2.5 Designation of Directors 
 Promptly
upon the purchase by the Acquiror of such number of Miranda Shares as represents at least a majority of the then outstanding Miranda Shares and from time to time thereafter, Miranda acknowledges that the Acquiror shall be entitled to designate such
number of members of the Miranda Board, and any committees thereof, as is proportionate to the percentage of the outstanding Miranda Shares owned by Belden and the Acquiror and Miranda shall not frustrate the Acquiror’s attempts to do so and
covenants to co-operate with the Acquiror, subject to all applicable Laws, to enable the Acquiror’s designees to be elected or appointed to the Miranda Board and to constitute a percentage of the directors on the Miranda Board as is
proportionate to the percentage of the outstanding Miranda Shares owned by the Acquiror, including, at the request of the Acquiror, by its commercially reasonable efforts to expand the Miranda Board and/or secure the resignations of such number of
directors as is necessary to enable the Acquiror’s designees to be elected or appointed to the Miranda Board. 
 2.6 Shareholder Rights
Plan 
 Without limiting Section 2.3(e), Miranda and the Miranda Board shall take all further action necessary: 

 

	 	(a)	in order to ensure that the Separation Time does not occur in connection with this Agreement or any of the Contemplated Transactions; 

 

	 	(b)	to give effect to the waiver, if required, of the application of the Shareholder Rights Plan to the Contemplated Transactions and to ensure that the Shareholder Rights
Plan does not interfere with or impede the success of any of the Contemplated Transactions; and 

  

	 	(c)	if requested by the Acquiror, in order to ensure that upon the take-up of Miranda Shares pursuant to the Offer, all Rights cease to be exercisable and are redeemed
immediately prior thereto at the “Redemption Price” as provided under the Shareholder Rights Plan without further formality and to ensure that upon such redemption all Rights become void. 

Miranda covenants that (i) it will not waive the application of the Shareholder Rights Plan to any Acquisition Proposal unless (A) it is a
Superior Proposal and the Right to Match Period has expired, or (B) such waiver is deemed to occur under the Shareholder Rights Plan as a result of a waiver by Miranda of the application of the Shareholder Rights Plan to the Offer in accordance
with this Agreement, and (ii) it will not amend the Shareholder Rights Plan (except as may be necessary to comply with its obligations hereunder) nor authorize, approve or adopt any other shareholder rights plan or enter into any agreement
providing therefor. Notwithstanding the foregoing, Miranda shall be entitled to defer the Separation Time in connection with an Acquisition Proposal. 

  
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 2.7 Standstill 
 Miranda waives Section 14 of the Confidentiality Agreement to permit the making of the Offer, the entering into of the Lock-Up Agreements and the consummation of the transactions contemplated herein
and the exercise by the Acquiror of its rights hereunder; provided, however, that if the Offer is not made hereunder or is withdrawn or this Agreement is terminated in accordance with its terms for any reason, Belden agrees that it will continue to
be bound by the terms of the Confidentiality Agreement (including Section 14 of the Confidentiality Agreement). 
 2.8 Subsequent
Acquisition Transaction 
 If, within 120 days after the date of the Offer, the Offer has been accepted by holders of not
less than 90% of the outstanding Miranda Shares, excluding the Miranda Shares held by the Acquiror or an “affiliate” or an “associate” (as those terms are defined in the QBCA) of the Acquiror on the date of the Offer, the
Acquiror presently intends, to the extent possible, to acquire the remainder of the Miranda Shares from those holders who have not accepted the Offer pursuant to Section 398 of the QBCA (a “Compulsory Acquisition”). If the
statutory right of Compulsory Acquisition is not available, but the Acquiror takes up and pays for, or otherwise acquires, directly or indirectly at least 66 2/3% of the Miranda Shares pursuant to the terms of the Offer, the Acquiror agrees to use
all commercially reasonable efforts to acquire, and Miranda agrees to use commercially reasonable efforts to assist the Acquiror in acquiring, the balance of the Miranda Shares as soon as practicable and in any event within a period of 120 days
following Take-Up by way of amalgamation, statutory arrangement, capital reorganization or other transaction proposed by the Acquiror, involving Miranda and Belden or an affiliate of Belden (a “Subsequent Acquisition Transaction”),
provided that the consideration per Miranda Share is at least equal in value to the consideration paid by the Acquiror under the Offer, and in no event will the Acquiror be required to offer consideration per Miranda Share greater than the Offer
Price. The provisions of this Section 2.8 shall survive the termination of this Agreement. 
 ARTICLE 3 

REPRESENTATIONS AND WARRANTIES 
 3.1 Representations and Warranties of Miranda 
 Miranda represents and
warrants to and in favour of Belden and the Acquiror as set forth in Schedule C and acknowledges that the Acquiror is relying upon such representations and warranties in connection with the matters contemplated by this Agreement. 

3.2 Representations and Warranties of the Acquiror 
 Each of Belden and the Acquiror jointly and severally represents and warrants to and in favour of Miranda as set forth in Schedule D and acknowledges that Miranda is relying upon such
representations and warranties in connection with the matters contemplated by this Agreement. 
 3.3 Cumulative Breach 

The breaches, if any, of the representations and warranties made by Miranda or the Acquiror, as applicable, including those that would
occur if all references in such representations and warranties to phrases concerning materiality, including references to the qualification relating to a Material Adverse Effect, were deleted, shall constitute a breach of this Agreement by such
Party if such breaches would, in the aggregate, as applicable, have a Material Adverse Effect in respect of the relevant Party. 

  
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 3.4 Survival 
 For greater certainty, the representations and warranties of Miranda and the Acquiror contained herein shall survive the execution and delivery of this Agreement and shall terminate on the earlier of the
completion of the Offer and the termination of this Agreement. Any investigation by a Party hereto and its advisors shall not mitigate, diminish or affect the representations and warranties of the other Party to this Agreement. 

ARTICLE 4 

COVENANTS 
 4.1
Antitrust Approvals 
  

	 	(a)	The Acquiror and Miranda shall use commercially reasonable efforts to obtain all Antitrust Approvals and shall cooperate with each other in so doing.

  

	 	(b)	The Acquiror and Miranda and/or any of their affiliates or subsidiaries, as applicable, shall: (i) take promptly all reasonable actions necessary to make the
filings required, or which the Acquiror and Miranda jointly elect to make in respect of the Antitrust Approvals; and (ii) comply at the earliest practicable date with any request for additional information or documentary material received by
the Acquiror or Miranda or any of their affiliates or subsidiaries from a Governmental Entity with respect to an Antitrust Approval. 

  

	 	(c)	The Acquiror shall pay for any and all application or filing fees with respect to any and all applications or filings in respect of the Antitrust Approvals.

  

	 	(d)	All requests and enquiries from any Governmental Entity in respect of the Antitrust Approvals shall be dealt with by the Acquiror and Miranda in consultation with each
other, and the Acquiror and Miranda shall promptly co-operate with and provide all necessary information and assistance reasonably required by such Governmental Entity in respect of an Antitrust Approval upon being requested to do so by such
authority or by the other Party. Without limiting the generality of the foregoing, counsel for each of the Acquiror and Miranda shall provide to each other draft versions of all material correspondence and filings, provide a reasonable opportunity
to review and comment and consider in good faith comments provided by counsel for each of the Acquiror and Miranda, and permit counsel for each of the Acquiror and Miranda to attend all substantive telephone conferences and meetings with any
Governmental Entity in connection with obtaining Antitrust Approvals. Competitively-sensitive information may be shared between outside counsel for each of the Acquiror and Miranda as necessary or appropriate in connection with obtaining Antitrust
Approval. Competitively-sensitive information shall be redacted by outside counsel from documents or summaries of communications with a Governmental Entity that may be provided to the Acquiror and Miranda. 

4.2 Preparation of Filings, Securities Compliance, etc. 
  

	 	(a)	The Acquiror and Miranda shall use their respective commercially reasonable efforts to cooperate in the preparation, seeking and obtaining of all circulars, filings,
consents and other approvals and other matters in connection with this Agreement, the Offer and any Subsequent Acquisition Transaction. 

  
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	 	(b)	Miranda shall furnish to the Acquiror all such information concerning it and the Miranda Shareholders, as the case may be, as may be reasonably required (and in the
case of the Miranda Shareholders, is available to it) to effect the actions described in this Section 4.2, and each covenants that no information furnished by it (to its knowledge in the case of information concerning the Miranda Shareholders)
in connection with such actions will contain any untrue statement of a material fact or omit to state a material fact required to be stated in any such document or necessary in order to make any information so furnished for use in any such document
not misleading in the light of the circumstances in which it is furnished. 

  

	 	(c)	The Acquiror and Miranda shall each promptly notify the other if at any time before the Expiry Time it becomes aware that any disclosure concerning it in the Offer, the
Miranda Circular or any other document described in this Section 4.2 contains any untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements contained therein not
misleading in light of the circumstances in which they are made, or that otherwise requires an amendment or supplement to the Offer, the Miranda Circular or such other document. In any such event, the Acquiror and Miranda shall, subject to the terms
and conditions of this Agreement, cooperate in the preparation of a supplement or amendment to the Offer, the Miranda Circular or such other document, as required and as the case may be, and, if required, shall cause the same to be distributed to
the Miranda Shareholders and/or filed with the relevant securities regulatory authorities and/or stock exchanges. 

  

	 	(d)	The Acquiror shall ensure that the Offer complies in all material respects with all applicable Laws and, without limiting the generality of the foregoing, that the
Offer does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements contained therein not misleading in light of the circumstances in which they are made
(other than with respect to any information concerning and provided by Miranda). Miranda shall ensure that the Miranda Circular complies with all applicable Laws and, without limiting the generality of the foregoing, that it does not contain any
untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements contained therein not misleading in light of the circumstances in which they are made (other than with respect to
any information concerning and provided by the Acquiror). 

 4.3 Covenants of Miranda 

 

	 	(a)	Miranda covenants and agrees that, prior to the earlier of the time of the (A) appointment or election to the Miranda Board of persons designated by the Acquiror
who represent a majority of the directors of Miranda (the “Effective Time”) and (B) termination of this Agreement (or any of the provisions thereof) in accordance with Section 6.3, except: (I) with the prior written
consent of Belden, not to be unreasonably withheld or delayed; (II) with respect to any matter expressly contemplated by this Agreement; (III) as required by applicable Laws or (IV) as disclosed in the Miranda Disclosure Letter, Miranda will, and
will cause such of its subsidiaries to: 

  

	 	(i)	carry on its business in, and only in, the ordinary and regular course in substantially the same manner as heretofore conducted and, to the extent consistent with such
business, use commercially reasonable efforts to preserve intact its present business organization and keep available the services of its present officers and employees and others having business dealings with it to the end that its goodwill and
business shall be maintained; 

  
 - 17 -

	 	(ii)	not split, consolidate or reclassify any of its outstanding shares nor undertake any other capital reorganization, nor declare, set aside or pay any dividends on or in
respect of its outstanding shares, nor reduce capital in respect of its shares; 

  

	 	(iii)	not amend its articles, by-laws or other constituting documents or sell, hypothecate, encumber, allot, reserve, set aside or issue, authorize or propose the sale,
hypothec, encumbrance, allotment, reservation, setting aside or issuance of, or purchase or redeem or propose the purchase or redemption of, any of its shares or any class of securities convertible or exchangeable into, or rights, warrants or
options to acquire, any such shares or other convertible or exchangeable securities, other than pursuant to the existing hypothecary rights of Miranda described in the Miranda Disclosure Letter; 

 

	 	(iv)	not amend the articles, by-laws or other constituting documents of any subsidiary or sell, hypothecate, encumber, allot, reserve, set aside or issue, authorize or
propose the sale, hypothec, encumbrance, allotment, reservation, setting aside or issuance of, or purchase or redeem or propose the purchase or redemption of, any securities of any subsidiary or any class of securities convertible or exchangeable
into, or rights, warrants or options to acquire, any such securities; 

  

	 	(v)	not amend the Miranda Stock Option Plan or enter into, create, declare, amend, vary, modify or adopt any other bonus, profit sharing, incentive, compensation, stock
option, pension, retirement, deferred compensation, employment or other employee benefit plan, agreement, trust, fund or arrangement for the benefit or welfare of any employee; 

 

	 	(vi)	not reorganize, amalgamate, combine or merge Miranda or any of its affiliates or subsidiaries with any other Person, nor acquire or agree to acquire by amalgamating,
merging or consolidating with, purchasing substantially all of the assets or shares of or otherwise, any business of any other Person, or make any investment either by purchase of securities, contributions of capital or property transfers in or to
any other Person; 

  

	 	(vii)	not sell, lease, exclusively license, hypothecate, encumber or otherwise dispose of any material assets including any material Intellectual Property;

  

	 	(viii)	not enter into, renew or amend any Material Contracts, including any mortgage or hypothecary financing or property management arrangements; 

 

	 	(ix)	not make any individual expenditure or series of related expenditures that exceed $100,000 or make any expenditure if to do so would result in the aggregate amount of
all expenditures exceeding $250,000 unless such expenditures are incurred in the execution of Miranda’s capital plan set forth in the Miranda Disclosure Letter, and, for greater certainty, except as contemplated herein, shall not purchase,
lease or otherwise (through amalgamation, merger or other form of acquisition) acquire any capital asset or group of related capital assets other than capital assets acquired in the ordinary course of business that do not have a cost in excess of
$100,000 or acquire any capital assets if to do so would result in the aggregate cost of all acquisitions acquired in the ordinary course of business exceeding $250,000; 

  
 - 18 -

	 	(x)	not, and cause each of its subsidiaries and affiliates not to, other than as required pursuant to employment, pension, supplemental pension, termination, or
compensation arrangements or policies existing prior to the date hereof and set forth in the Miranda Disclosure Letter or as required by applicable Laws, enter into or modify any severance, collective bargaining or similar agreements, policies or
arrangements with, or grant any bonuses, salary increases, pension or supplemental pension benefits, profit sharing, retirement allowances, deferred compensation, incentive compensation, severance or termination pay to or any other form of
compensation or with respect to any increase of benefits payable to, or make any loan to, any officers, directors or employees (or independent contractors) of Miranda or any subsidiary thereof. For greater certainty nothing herein shall limit the
ability of Miranda, in the ordinary course of business, to hire or engage new employees or consultants or terminate existing employees or consultants and to honour severance obligations imposed by any Contract disclosed in the Miranda Disclosure
Letter or at Law in relation thereto; 

  

	 	(xi)	not, and cause its subsidiaries and affiliates not to, pay, discharge, satisfy, settle or compromise any material claims, liabilities or obligations;

  

	 	(xii)	not guarantee the payment of any material indebtedness or incur any material indebtedness for borrowed money or issue or sell any debt securities, except for borrowings
in the ordinary course under credit facilities in place on the date of execution hereof that do not, individually or in the aggregate, exceed $500,000; 

  

	 	(xiii)	use commercially reasonable efforts (and cause each of its subsidiaries and affiliates to use commercially reasonable efforts) to cause its current insurance (or
re-insurance) policies not to be cancelled or terminated or any of the coverage thereunder to lapse, unless simultaneously with such termination, cancellation or lapse, replacement policies underwritten by insurance and reinsurance companies of
nationally recognized standing providing similar coverage are in full force and effect; 

  

	 	(xiv)	not make any material changes to existing accounting practices, except as required by IFRS; 

 

	 	(xv)	not commence, settle or assign any rights relating to or any interest in any litigation, proceeding, claim, action, assessment or investigation involving Miranda or its
material assets; 

  

	 	(xvi)	not engage in any Related Party Transactions other than with its wholly-owned subsidiaries in the ordinary course; 

 

	 	(xvii)	not propose or enter into any agreement, arrangement, commitment, or offer with respect to a joint venture or other mutual co-operation or distribution agreement;

  

	 	(xviii)	not enter into any interest rate, currency or equity swaps, hedges, derivatives or other similar financial instruments other than in the ordinary course of business,
provided that the term of any forward contract shall not exceed three months; 

  

	 	(xix)	not increase any coverage under any directors’ and officers’ insurance policy; 

 

	 	(xx)	not adopt a plan of liquidation or resolutions providing for the liquidation or dissolution of Miranda; 

  
 - 19 -

	 	(xxi)	(A) duly and timely file all Tax Returns required to be filed by it on or after the date hereof and ensure that all such Tax Returns are true, complete and correct;
(B) timely withhold, collect, remit and pay all Taxes which are to be withheld, collected, remitted or paid by it to the extent due and payable except for any Taxes contested in good faith pursuant to applicable Laws; (C) not make or
rescind any express or deemed election relating to Taxes; (D) not make a request for a Tax ruling or enter into a closing agreement with any Taxing authorities or consent to any extension or waiver of any limitation period with respect to
Taxes; (E) not settle or compromise any material claim, action, suit, litigation, proceeding, arbitration, investigation, audit or controversy relating to Taxes; (F) not amend any Tax Returns; (G) promptly inform the Acquiror in
writing about any proceedings, investigations assessments, reassessments, actions, suits, audits or claims pending or threatened against Miranda or any of its subsidiaries in respect of any Taxes; (H) not change in any material respect any of
its methods of reporting income, deductions or accounting for income tax purposes from those employed in the preparation of its income tax return for the tax year ending December 31, 2011, except as may be required by applicable Laws; and
(I) not knowingly undertake any reorganization of Miranda or any Miranda subsidiary or enter into any transaction or series of transactions that would have the effect of preventing the Acquiror from obtaining the benefit of a “tax cost
bump” pursuant to paragraphs 88(1)(c) and 88(1)(d) of the Tax Act in respect of non-depreciable capital property directly owned by Miranda at the Effective Time, and for the purposes of this clause (J) the following shall be excepted
(I) transactions or activities undertaken in the ordinary course of business consistent with prior practice and (II) transactions contemplated by this Agreement or completed at the request of Belden; 

 

	 	(xxii)	not pay or offer to pay money or anything of value (“Consideration”) to a Governmental Official, directly or indirectly, if such offer or payment of
Consideration would be made with the intent of obtaining or retaining business and with corrupt intent. The preceding sentence will not apply with respect to modest gifts or reasonable meals or entertainment if given only to build general goodwill
and if not given with corrupt intent; 

  

	 	(xxiii)	maintain Books and Records that accurately and fairly reflect business transactions and maintain internal accounting controls that provide reasonable assurances that
such transactions are executed in accordance with management’s authorization and are properly recorded; 

  

	 	(xxiv)	not announce any intention to, enter into any agreement to or otherwise make a commitment to, do any of the foregoing prohibited matters; and 

 

	 	(xxv)	promptly advise Belden orally and in writing of any change in respect of Miranda having a Material Adverse Effect on Miranda. 

 

	 	(b)	Miranda shall and shall cause its affiliates and subsidiaries to perform all obligations of a commercially reasonable nature required to be performed by Miranda or any
of its subsidiaries and affiliates under this Agreement, co-operate with Belden and the Acquiror in connection therewith, and do all such other acts and things as may be reasonably necessary in order to consummate and make effective, as soon as
reasonably practicable, the transactions contemplated in this Agreement, including the Offer and any Subsequent Acquisition Transaction and without limiting the generality of the foregoing, Miranda, subject to Section 4.7, shall and where
appropriate shall cause its subsidiaries and affiliates to: 

  
 - 20 -

	 	(i)	apply for and use commercially reasonable efforts to obtain all Third Party Consents relating to Miranda or any of its subsidiaries or affiliates and, in doing so, keep
Belden reasonably informed, subject to applicable Laws, as to the status of the proceedings related to obtaining such Third Party Consents, including providing Belden with copies of all related applications and notifications, in draft form, in order
for Belden to provide its reasonable comments, and providing Belden with copies of all material correspondence relating to such Third Party Consents; 

  

	 	(ii)	use commercially reasonable efforts to defend, in consultation with Belden, all lawsuits or other legal, regulatory or other proceedings to which it is a party
challenging or affecting this Agreement or the consummation of the transactions contemplated hereby and by the Offer and any Subsequent Acquisition Transaction; 

 

	 	(iii)	use commercially reasonable efforts to have lifted or rescinded any injunction or restraining order relating to Miranda or any of its subsidiaries or other order which
may adversely affect the ability of the Parties to consummate the transactions contemplated hereby and by the Offer and any Subsequent Acquisition Transaction; 

 

	 	(iv)	comply promptly with all requirements which applicable Laws may impose on Miranda or any of its subsidiaries with respect to the transactions contemplated hereby and by
the Offer and any Subsequent Acquisition Transaction; and 

  

	 	(v)	effect all necessary registrations, filings and submissions of information required by Governmental Entities from Miranda or any of its subsidiaries or affiliates
relating to the transactions contemplated hereby and by the Offer and any Subsequent Acquisition Transaction. 

  

	 	(c)	Subject to Section 2.3(e), unless required by the terms of the Shareholder Rights Plan, with respect to a competing take-over bid or a final and non-appealable
order of a court having jurisdiction or an order of the AMF, Miranda shall not redeem the Rights or otherwise waive, amend, suspend the operation of or terminate either of the Shareholder Rights Plan without the prior written consent of Belden, not
to be unreasonably withheld or delayed. 

  

	 	(d)	 Pre-Acquisition Reorganization: (a) Miranda agrees that, upon the written request by Belden, Miranda shall, and shall cause each Miranda
subsidiary to, at the expense of Belden, (i) effect such reorganizations of Miranda or the Miranda subsidiaries’ business, operations and assets or such other transactions as Belden may request, acting reasonably (each a
“Pre-Acquisition Reorganization”) and (ii) co-operate with Belden and its advisors in order to determine the nature of the Pre-Acquisition Reorganizations that might be undertaken and the manner in which they might most
effectively be undertaken; provided, however, that neither Miranda nor any Miranda subsidiary need affect any Pre-Acquisition Reorganization which, in the opinion of Miranda, acting reasonably, (A) would require the approval of the Miranda
Shareholders, (B) would be prejudicial to Miranda, any Miranda subsidiary or the Miranda Shareholders in any respect, (C) would reduce the consideration payable under the Offer (D) would interfere with the ongoing operations of
Miranda or any Miranda subsidiary, (E) unless agreed by Miranda, would 

  
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require any filing with, notification to or approval of any Governmental Entity or third party prior to the Expiry Time, (F) would require Miranda or any Miranda subsidiary to contravene any
applicable Laws or its respective organizational documents or any contract, (G) would result in Taxes being imposed on, or other adverse Tax consequences to, the Miranda Shareholders generally that is incrementally greater than the Taxes
imposed on or other consequences to the Miranda Shareholders in connection with the completion of the Offer in the absence of such Pre-Acquisition Reorganization, or (H) would impede or materially delay the completion of the Offer. Furthermore,
any such Pre-Acquisition Reorganization shall not become effective until immediately prior to the Take-Up following the satisfaction or waiver of all conditions precedent to completion of the Offer. Belden and the Acquiror acknowledge and agree that
no Pre-Acquisition Reorganization shall be considered in determining whether a representation, warranty or covenant of Miranda hereunder has been breached. Belden shall provide written notice to Miranda of any proposed Pre-Acquisition Reorganization
at least ten (10) business days prior to the Take-Up. Upon receipt of such notice, Belden and Miranda shall work co-operatively and use commercially reasonable efforts to prepare prior to the Take-Up all documentation necessary and do all such
other acts and things as are necessary to give effect to such Pre-Acquisition Reorganization, provided that such cooperation shall not require any director, officer, employee or agent of Miranda or any Miranda subsidiary to take any action in any
capacity other than as a director, officer, employee or agent of Miranda or a Miranda subsidiary. Belden and the Acquiror shall indemnify Miranda, the Miranda subsidiaries and their respective officers, directors, employees, agents, advisors and
representatives from and against any and all liabilities, losses, damages, claims, costs, expenses, interest, awards, judgements and penalties suffered or incurred by any of them in connection with or as a result of any Pre-Acquisition
Reorganization; and (b) If the Acquiror does not effect the Take-Up, Belden shall pay the implementation costs of the Pre-Acquisition Reorganization and any direct or indirect costs and liabilities of Miranda and the Miranda subsidiaries,
including employment costs, Taxes and liabilities as well as any costs, taxes and liabilities that may be incurred to unwind any such Pre-Acquisition Reorganization (including actual out-of-pocket costs and expenses for filing fees and external
counsel). 

 4.4 Covenants of Belden and the Acquiror 

 

	 	(a)	Belden shall and shall cause its subsidiaries and affiliates to perform all obligations of a commercially reasonable nature required to be performed by Belden or any of
its subsidiaries under this Agreement, co-operate with Miranda in connection therewith, and do all such other acts and things as may be reasonably necessary in order to consummate and make effective, as soon as reasonably practicable, the
transactions contemplated in this Agreement and, without limiting the generality of the foregoing, Belden, shall and where appropriate shall cause its subsidiaries to: 

 

	 	(i)	use commercially reasonable efforts to defend, in consultation with Miranda, all lawsuits or other legal, regulatory or other proceedings to which it is a party
challenging or affecting this Agreement or the consummation of the transactions contemplated hereby and by the Offer and any Subsequent Acquisition Transaction; 

 

	 	(ii)	use commercially reasonable efforts to have lifted or rescinded any injunction or restraining order relating to Belden or the Acquiror or other order which may
adversely affect the ability of the parties to consummate the transactions contemplated hereby and by the Offer and any Subsequent Acquisition Transaction; 

  
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	 	(iii)	comply promptly with all requirements which applicable Laws may impose on Belden or the Acquiror with respect to the transactions contemplated hereby and by the Offer
and any Subsequent Acquisition Transaction; and 

  

	 	(iv)	effect all necessary registrations, filings and submissions of information required by Governmental Entities from Belden or the Acquiror or any of their subsidiaries
relating to the Offer. 

  

	 	(b)	The Acquiror shall provide true and complete copies of any lock-up agreement or escrow, exclusivity or similar agreement the Acquiror enters into with any Miranda
Shareholder in connection with the Offer to Miranda. 

  

	 	(c)	Belden covenants and agrees that, unless Miranda agrees otherwise in writing, Belden shall use commercially reasonable efforts to cause the Acquiror to consummate the
Offer, subject only to the terms and conditions hereof and thereof. 

 4.5 Belden Guarantee of Performance of the Acquiror

 Belden hereby unconditionally and irrevocably guarantees, and covenants and agrees to be jointly and severally liable with the Acquiror,
as principal obligor, for the due and punctual performance of each and every obligation of the Acquiror under or relating to the Offer and the other transactions contemplated by this Agreement, including the payment of the aggregate Offer Price
payable under the Offer. 
 4.6 Covenants Regarding Non-Solicitation 

 

	 	(a)	Except as otherwise provided in this Section 4.6 , Miranda shall not, and shall cause each of its subsidiaries not to, directly or indirectly, through any officer,
director, agent or representative of Miranda or any of its subsidiaries or affiliates: 

  

	 	(i)	make, solicit, initiate, knowingly encourage, continue or otherwise facilitate (including by way of furnishing information, permitting any visit to any facilities or
properties of Miranda or any Miranda subsidiary or entering into any form of agreement, arrangement or understanding) the initiation of any inquiries, proposals or offers regarding an Acquisition Proposal; 

 

	 	(ii)	engage or participate in any discussions or negotiations regarding any Acquisition Proposal, provided that, for greater certainty, Miranda may (A) advise any
Person requesting access to information with respect to Miranda or any of its subsidiaries that such access cannot be provided except in accordance with the terms of this Agreement; and (B) advise any Person making an unsolicited Acquisition
Proposal that such Acquisition Proposal does not constitute a Superior Proposal when the Miranda Board has so determined; 

  

	 	(iii)	withdraw, modify, change or qualify, or propose publicly to withdraw, modify, change or qualify, in any manner adverse to Belden or the Acquiror, the approval of the
Miranda Board or any committee thereof of this Agreement or the recommendation of the Miranda Board or any committee thereof that Miranda Shareholders accept the Offer; or 

 

	 	(iv)	approve, recommend or remain neutral with respect to, or propose publicly to approve, recommend or remain neutral with respect to, any Acquisition Proposal (it being
understood that publicly taking no position or a neutral position with respect to an Acquisition Proposal until ten (10) calendar days following the public announcement of such Acquisition Proposal shall not be considered a violation of this
Section 4.6(a)(iv)); 

  
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	 	(v)	release any Person from or waive, or fail to enforce on a timely basis or otherwise forbear the enforcement of, any confidentiality or standstill agreement with any
Person (A) except to allow such Person to confidentially propose to the Miranda Board an unsolicited Acquisition Proposal or otherwise make a Superior Proposal, and (B) provided that any automatic release or deemed waiver from the
standstill provisions of any such agreement in accordance with its terms shall not constitute a breach of this Section 4.6(a)(v); 

  

	 	(vi)	accept or enter into, or publicly propose to accept or enter into, any letter of intent, agreement in principle, agreement, arrangement, understanding or undertaking
related to any Acquisition Proposal. 

  

	 	(b)	Miranda shall, and shall cause the officers, directors and representatives of Miranda and its subsidiaries to, cease immediately all current discussions and
negotiations regarding any proposal that constitutes, or may reasonably be expected to lead to, an Acquisition Proposal and, in connection therewith, Miranda shall discontinue access to any other Persons to any data rooms (virtual or otherwise) made
available by and under the control of Miranda. Within three Business Days following the date of this Agreement (or, where Section 4.6(a)(iv) is applicable, promptly following the end of the Diligence Period), Miranda shall request to the extent
permitted under the applicable confidentiality and standstill agreement the return or destruction of all information provided to any Persons who have entered into a confidentiality and standstill agreement with Miranda relating to any potential
Acquisition Proposal and shall use commercially reasonable efforts to ensure that such requests are honoured in accordance with the terms of such confidentiality and standstill agreements. 

 

	 	(c)	Miranda shall not, directly or indirectly, through any officer, director, agent or representative of Miranda or any of its subsidiaries or affiliates, offer or commit
to pay or pay any fee to any Person or assume or agree to reimburse the expenses of any Person as an inducement to the making of or otherwise in connection with any Acquisition Proposal. 

 

	 	(d)	Miranda shall, as promptly as practicable (and in any event within 24 hours after it has received any proposal, inquiry, offer or request), notify Belden, at first
orally and then in writing, of any proposal, inquiry, offer or request relating to or constituting an Acquisition Proposal or which could reasonably be expected to lead to an Acquisition Proposal, or any amendments to the foregoing, or any request
for non-public information relating to Miranda or any subsidiary in connection with an Acquisition Proposal or for access to the properties, books or records of Miranda or any subsidiary by any Person that informs Miranda or such subsidiary that it
is considering making, or has made, an Acquisition Proposal, or any amendments thereto. Such notice shall include a copy of any written proposal and if the proposal is not in written form, a description of the material terms and conditions of any
proposal, the identity of the Person making such proposal, inquiry or contact and, in all cases, provide such details of the proposal, inquiry, contact, discussions or negotiations as Belden may reasonably request. Miranda shall keep Belden informed
of the status, including any change to any of the terms, of any such Acquisition Proposal or inquiry and will respond promptly to all inquiries by Belden with respect thereto. 

  
 - 24 -

	 	(e)	Notwithstanding Section 4.6(a) or any other provision of this Agreement, following the receipt by Miranda of a written Acquisition Proposal (including an
amendment, change or modification to an Acquisition Proposal made prior to the date hereof) that was not solicited after the date hereof in contravention of Sections 4.6(a) through 4.6(c) and did not otherwise involve any contravention of Sections
4.6(a) through 4.6(c), then the Miranda Board may: 

  

	 	(i)	contact the Person making such Acquisition Proposal and its representatives for the sole purpose of clarifying the terms and conditions of such Acquisition Proposal and
the likelihood of its consummation so as to determine whether such Acquisition Proposal is, or could reasonably be expected to lead to, a Superior Proposal; and 

 

	 	(ii)	if the Miranda Board determines, after consultation with its outside legal counsel and financial advisors, that such Acquisition Proposal is, or could reasonably be
expected to lead to, a Superior Proposal and that the failure to take the relevant action would be inconsistent with the fiduciary duties of the Miranda Board: 

 

	 	(A)	provide the Person making such Acquisition Proposal and its representatives with access to information regarding Miranda for a period of no more than five Business Days
(the “Diligence Period”); and 

  

	 	(B)	engage in discussions and negotiations with respect to the Acquisition Proposal with the Person making such Acquisition Proposal and its representatives;

 provided that (i) Miranda first enters into a confidentiality agreement with such Person, the terms of
which are no less favourable in the aggregate to Miranda than the Confidentiality Agreement and includes a standstill provision that restricts such Person from announcing its intention to acquire, or acquiring any securities or assets of Miranda or
any subsidiary without the approval of Miranda for a period of not less than one year from the date of such confidentiality agreement (provided that no such confidentiality and standstill agreement shall prevent such Person from making, pursuing or
completing an Acquisition Proposal in accordance with Sections 4.6 and 4.7), (ii) Miranda sends a copy of such confidentiality agreement to Belden promptly following its execution and (iii) Belden is promptly provided with a list of, and
access to (to the extent not previously provided to Belden), the information provided to such Person; and (iv) as of the end of the Diligence Period, unless such Person has made a Superior Proposal, Miranda shall comply with Section 4.6(b)
with respect to such Person. 
  

	 	(f)	Miranda shall ensure that its officers and directors and its subsidiaries and affiliates and their respective officers and directors and any representatives retained by
it or its subsidiaries and affiliates in connection herewith are aware of the provisions of this Section 4.6, and it shall be responsible for any breach of this Section 4.6 by its and its subsidiaries’ and affiliates’ respective
officers, directors or representatives. 

 4.7 Superior Proposal Notice; Right to Match 

 

	 	(a)	 Notwithstanding Section 4.6(a), Section 4.6(d) and Section 4.6(e) or any other provision of this Agreement, but subject to the
Acquiror’s rights under Section 6.3 and Section 6.5, Miranda may terminate this Agreement and the Miranda Board may accept, approve or recommend, and Miranda may enter into any agreement (in addition to any confidentiality and
standstill agreement contemplated by Section 4.6(e)), understanding 

  
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or arrangement in respect of, an Acquisition Proposal (including in each case an amendment, change or modification to an Acquisition Proposal made prior to the date hereof), and the Miranda Board
may withdraw, modify or qualify its approval or recommendation of the Offer and recommend or approve such Acquisition Proposal (including in each case an amendment, change or modification to an Acquisition Proposal made prior to the date hereof), at
any time prior to the Expiry Time, if and only if: 

  

	 	(i)	it has complied with its obligations under Sections 4.6 and 4.7 including providing Belden with a copy of the Acquisition Proposal document (and, if applicable, a copy
of any proposed agreement relating to such Acquisition Proposal), as well as a written notice from the Miranda Board regarding the value in financial terms that the Miranda Board determined upon advice of its financial advisors should be ascribed to
any non-cash consideration offered under such Acquisition Proposal; 

  

	 	(ii)	the Miranda Board has determined, after consultation with its outside legal counsel and financial advisors, that such Acquisition Proposal is a Superior Proposal and
that the failure to take the relevant action would be inconsistent with its fiduciary duties; 

  

	 	(iii)	Miranda has delivered written notice to Belden of the determination of the Miranda Board that the Acquisition Proposal is a Superior Proposal and of the intention of
the Miranda Board to approve or recommend such Superior Proposal and/or of Miranda to enter into an agreement with respect to such Superior Proposal, together with a copy of such agreement (the “Superior Proposal Notice”);

  

	 	(iv)	at least five Business Days have elapsed since the later of the (A) date the Superior Proposal Notice was received by Belden, and (B) date Belden received a
copy of such Acquisition Proposal, which five Business Day period is referred to herein as the “Right to Match Period”; 

  

	 	(v)	if Belden and the Acquiror have offered to amend the terms of the Offer and this Agreement during the Right to Match Period pursuant to Section 4.7(b), the Miranda
Board has determined, after consultation with its outside legal counsel and financial advisors, that such Acquisition Proposal continues to be a Superior Proposal when assessed against the Offer as it is proposed to be amended as at the termination
of the Right to Match Period; and 

  

	 	(vi)	Miranda has paid the Termination Fee pursuant to Section 6.5(a)(ii) and Miranda terminates this Agreement pursuant to Section 6.3(j).

  

	 	(b)	During the Right to Match Period, Belden and the Acquiror will have the right, but not the obligation, to offer to amend the terms of the Offer and this Agreement. The
Miranda Board will review any such offer by Belden and the Acquiror to amend the terms of the Offer and this Agreement in order to determine, in good faith in the exercise of its fiduciary duties, whether Belden’s and the Acquiror’s offer
to amend the Offer and this Agreement, upon its acceptance, would result in the applicable Acquisition Proposal ceasing to be a Superior Proposal when assessed against the Offer as it is proposed to be amended as at the termination of the Right to
Match Period. If the Miranda Board determines and advises Belden in writing that the applicable Acquisition Proposal would cease to be a Superior Proposal when assessed against the Offer as it is proposed to be amended as at the termination of the
Right to Match Period, Belden and the Acquiror will amend the terms of the Offer and Miranda, Belden and the Acquiror shall enter into an amendment to this Agreement reflecting the offer by Belden and the Acquiror to amend the terms of the Offer and
this Agreement. 

  
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	 	(c)	The Miranda Board will promptly reaffirm its recommendation of the Offer by press release after (i) any Acquisition Proposal is publicly announced or made and the
Miranda Board determines it is not a Superior Proposal or (ii) the Miranda Board determines that a proposed amendment to the terms of the Offer pursuant to Section 4.7(b) would result in an Acquisition Proposal not being a Superior
Proposal when assessed against the Offer as it is proposed to be amended as at the termination of the Right to Match Period, and Belden and the Acquiror have so amended the terms of the Offer in accordance with Section 4.7(b). Belden and the
Acquiror will be given a reasonable opportunity to review and comment on the form and content of any such press release. 

  

	 	(d)	Each successive amendment to any Acquisition Proposal that results in an increase in, or modification of, the consideration to be received by the Miranda Shareholders
will constitute a new Acquisition Proposal for purposes of this Section 4.7(b), and Belden shall be afforded a new Right to Match Period in respect of such new Acquisition Proposal. 

 

	 	(e)	Nothing in this Agreement shall prevent the Miranda Board from responding as required by applicable Laws (including through a directors’ circular) to an
Acquisition Proposal in a manner consistent with this Section 4.7(e) or from calling and holding in a manner consistent with this Section 4.7(e) a meeting of Miranda Shareholders requisitioned by Miranda Shareholders pursuant to the QBCA
or ordered to be held by a court pursuant to the QBCA. Further, nothing in this Agreement shall prevent the Miranda Board from making any disclosure to the Miranda Shareholders if the Miranda Board, acting in good faith and upon the advice of
outside legal counsel, shall have first determined that the failure to make such disclosure would be inconsistent with the fiduciary duties of the Miranda Board or such disclosure is otherwise required under applicable Laws; provided that,
notwithstanding that the Miranda Board may otherwise be permitted to respond to an Acquisition Proposal, call or hold such shareholder meeting or make such disclosure, neither the Miranda Board nor any committee thereof shall be permitted to
withdraw, modify, change or qualify its approval or recommendation of the Offer in any manner adverse to Belden or the Acquiror or make other disclosure inconsistent with such approval or recommendation, other than in accordance with
Section 4.7(a). 

  

	 	(f)	Any information provided by Miranda to Belden or the Acquiror pursuant to Section 4.7 or pursuant to Section 4.6 shall constitute “Information”
under Section 4.8. Until termination of this Agreement in accordance with its terms and until payment of the Termination Fee contemplated by Section 6.5, as applicable, Miranda shall continue to perform its obligations under this
Agreement. 

 4.8 Access to Information 
  

	 	(a)	 Subject to this Section 4.8(a) and applicable Laws, upon reasonable notice, and strictly for purposes of business integration, Miranda shall (and
shall cause each of its subsidiaries to) afford to Belden and the Acquiror and their officers, employees, counsel, accountants and other authorized representatives and advisors (including, for greater certainty, any investment banker, lawyer or
accountant) (“Representatives”) access, during normal business hours from the date hereof and until the earlier of the Expiry Time or the termination of this Agreement, to Miranda’s and its subsidiaries’ properties, books,
contracts and records as well as to its management personnel (and to its property 

  
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managers and their personnel, who shall be instructed to co-operate), and, during such period, Miranda shall (and shall cause each of its subsidiaries and property managers to) furnish promptly
to the other Party all information concerning it and its subsidiaries’ businesses, properties and personnel as Belden may reasonably request. 

  

	 	(b)	The parties acknowledge that the information provided to them under Section 4.8(a) above will be non-public and/or proprietary in nature (the
“Information”) and will be subject to the terms of the Confidentiality Agreement. For greater certainty, the provisions of the Confidentiality Agreement shall survive the termination of this Agreement, provided that the obligations
of Belden under the Confidentiality Agreement and the obligations of Belden and the Acquiror under Section 4.8(a) shall terminate upon the successful completion of the Offer notwithstanding anything to the contrary contained therein or herein.

 4.9 Indemnification; Insurance 
  

	 	(a)	All rights to indemnification and exculpation from liabilities for acts or omissions occurring at or prior to the Effective Time and rights to advancement of expenses
relating thereto now existing in favour of any past or present director or officer of Miranda or any of its subsidiaries (the “Indemnified Persons”) as provided in the constating documents of Miranda or any of its subsidiaries or
any indemnification contract or agreement between such Indemnified Person and Miranda or any of its subsidiaries, in each case, that is disclosed in the Miranda Disclosure Letter shall survive the Effective Time and shall not be amended, repealed or
otherwise modified in any manner that would adversely affect any right thereunder of any such Indemnified Person. 

  

	 	(b)	Without limiting the right of Miranda to do so prior to the Effective Time, Belden and the Acquiror hereby agree to cause Miranda to secure directors’ and
officers’ liability insurance coverage by not later than the Effective Time from a reputable and financially sound insurance carrier and containing terms and conditions no less advantageous to the directors and officers of Miranda or any of its
subsidiaries than those contained in Miranda’s policy in effect on the date hereof for the current and former directors and officers of Miranda and its subsidiaries on a six year “trailing” (or “run-off”) basis with respect
to any claim related to any period of time at or prior to the Effective Time; provided, however, that Belden and the Acquiror will not be required, in order to maintain or cause to be maintained such directors’ and officers’ liability
insurance, to pay an annual premium in excess of 300% of the cost of the existing policy as disclosed in writing to Belden before the date of this Agreement; and provided further that, if equivalent coverage cannot be obtained or can only be
obtained by paying an annual premium in excess of 300% of such amount, Belden and the Acquiror shall only be required to obtain or cause to be obtained as much coverage as can be obtained by paying an annual premium equal to 300% of such amount. If
for any reason such trailing policy is not available, then Belden and the Acquiror agree that for the entire period from the Effective Time until six years after the Effective Time, Belden and the Acquiror will cause Miranda and its subsidiaries or
any successor to Miranda and its subsidiaries to maintain Miranda’s and its subsidiaries’ current directors’ and officers’ liability insurance policy or equivalent insurance, in either case from a reputable and financially sound
insurance carrier and containing terms and conditions no less advantageous to the directors and officers of Miranda and its subsidiaries (with respect to their acting as directors or officers thereof) than those contained in the policy in effect on
the date hereof, for all current and former directors and officers of Miranda and its subsidiaries covering claims made prior to or within six years after the Effective Time. 

  
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	 	(c)	If Miranda, its subsidiaries or any of their respective successors or assigns shall (i) amalgamate, consolidate with or merge or wind-up into any other Person and
shall not be the continuing or surviving corporation or entity or (ii) transfer all or substantially all of its properties and assets to any Person, then, and in each such case, proper provisions shall be made so that the successors and assigns
of any such entity shall assume all of the obligations set forth in this Section 4.9. 

  

	 	(d)	The provisions of this Section 4.9 are (i) intended for the benefit of the directors, officers and employees of Miranda and its subsidiaries and all present
and former directors and officers of Miranda and its subsidiaries, as and to the extent applicable in accordance with their terms, and shall be enforceable by each of such persons and his or her heirs, executors, administrators and other legal
representatives (collectively, the “Third Party Beneficiaries”) and Miranda shall hold the rights and benefits of this Section 4.9 in trust for and on behalf of the Third Party Beneficiaries and Miranda hereby accepts such
trust and agrees to hold the benefit of and enforce performance of such covenants on behalf of the Third Party Beneficiaries, and (ii) are in addition to, and not in substitution for, any other rights that the Third Party Beneficiaries may have
by contract or otherwise. Furthermore, this Section 4.9 shall survive the termination of this Agreement as a result of the occurrence of the Effective Time 

 4.10 No Personal Liability 
 No director or officer of Belden or the
Acquiror shall have any personal liability whatsoever to Miranda or any third party beneficiary under this Agreement or any other document delivered in connection with the Contemplated Transactions on behalf of Belden or the Acquiror. No director or
officer of Miranda shall have any personal liability whatsoever to Belden or the Acquiror under this Agreement or any other document delivered in connection with the Contemplated Transactions on behalf of Miranda, other than any personal liability
which might arise from a failure to comply with the Lock-Up Agreements (to the extent such director or officer is a party thereto). 
 4.11
Anti-Dilution 
 For greater certainty, for the purposes of this Agreement, the term “Miranda Shares” shall include
all shares or other securities into which Miranda Shares may be, after the date hereof, converted into, exchanged for or otherwise changed into pursuant to any liquidation, dissolution, recapitalization, merger, reorganization, amalgamation,
amendment to the Miranda’s articles, extraordinary dividend, or other business combination involving Miranda prior to the Expiry Time, and shall also include any and all dividends of cash, securities or other property paid on such Miranda
Shares on or after the date hereof. 
 4.12 Outstanding Stock Options 

 

	 	(a)	The Miranda Board shall resolve (i) to accelerate the vesting of all Options, (ii) to permit the exercise, on a cashless basis, of all Options conditional
upon, and immediately prior to, Take-Up, and (iii) to accelerate the expiry date for all unexercised Options so that any unexercised Options shall expire upon Take-Up, in each case with such resolutions being effective prior to the initial
scheduled Expiry Date of the Offer. 

  

	 	(b)	 Belden and the Acquiror acknowledge and agree that (i) holders of Options will be permitted to tender Miranda Shares issuable upon the exercise
thereof to the Offer and for such purpose to exercise their Options (on a cashless basis) and in a manner acceptable to Belden, acting reasonably, conditional upon, and immediately prior to, Take-Up, and (ii) all Miranda Shares that are to be
issued pursuant to any such conditional exercise shall be accepted as validly tendered under the Offer, provided that the holders of such Options 

  
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otherwise validly accept the Offer in accordance with its terms with respect to such Miranda Shares. On the conditional exercise of Options, provided that the Miranda Shares acquired thereunder
are tendered to the Offer, the holder shall direct the Acquiror in writing (in a form acceptable to the Acquiror, acting reasonably) to pay to Miranda from the proceeds of sale of such Miranda Shares otherwise payable to the Option holder for
remittance to the relevant tax authority an amount (the “Withholding Amount”) sufficient to satisfy all applicable income tax and other source deductions arising on the exercise of the Options. The Withholding Amount shall be
determined by Miranda provided that Miranda shall consult with Belden and the Acquiror with respect to the manner in which Withholding Amounts are to be determined. 

 

	 	(c)	The foregoing treatment of Options shall be described in the Miranda Circular. 

 4.13 SARs 
 Miranda will cause all unexercised SARs to become immediately exercisable at the
exercise price established by the Miranda Board at the time of their grant. Miranda will allow the remittance for cancellation of any and all “in-the-money” SARs that are outstanding under the SAR Plan, by those holders who have
“in-the-money” SARs and who choose to do so in accordance with paragraph 2 of the SAR Plan, in consideration for a cash payment equal to the difference between the consideration per Miranda Share payable under the Offer and the exercise
price established by the Miranda Board at the time of their grant, conditional upon, and immediately prior to, Take-Up. Miranda agrees to terminate the SAR Plan effective as of the Expiry Time, conditional upon, and immediately prior to, Take-Up.

 4.14 DSUs and RSUs 
 Miranda
will take all necessary steps under the 2010 RSU Plan and the Miranda Long Term Incentive Plan and make all amendments to such plans as are necessary to cause all Miranda RSUs and Miranda DSUs to be cancelled or paid out by Miranda to participants
under the 2010 RSU Plan and the Miranda Long Term Incentive Plan at a price determined in accordance with such plans and shall cancel the 2010 RSU Plan and the Miranda Long Term Incentive Plan effective as of the Expiry Time, the whole conditional
upon, and immediately prior to, Take-Up. 
 4.15 Termination of the Offer 
 Upon any exercise of termination rights pursuant to Section 6.3, the Acquiror shall, subject to applicable Laws, terminate and withdraw the Offer or take actions to the same effect. 

4.16 Required Securities Laws Approvals 
 Belden and the Acquiror will promptly take such action, including obtaining any exemption orders, consents or approvals, or filing any such documents as may be required under applicable Securities Laws,
to permit the Acquiror to make the Offer and perform each of its obligations hereunder, and Miranda shall co-operate in good faith in connection with any such action by Belden and the Acquiror. 

ARTICLE 5 

NOTICE AND CURE 
 5.1
Notice and Cure Provisions 
 Belden and the Acquiror on one hand and Miranda on the other hand will give prompt notice to
the other of the occurrence, or failure to occur, at any time from the date hereof until the date on which the Expiry Time occurs, of any event or state of facts of which it is aware which occurrence or failure would, or would be reasonably likely
to: 

  
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	 	(a)	cause any of its representations or warranties contained herein to be untrue or inaccurate on the date hereof or on the date on which the Expiry Time occurs (without
giving effect to, applying or taking into consideration any materiality or Material Adverse Effect qualification already contained within such representation or warranty); or 

 

	 	(b)	result in the failure in any material respect to comply with or satisfy any covenant, condition or agreement to be complied with or satisfied by it on or prior to the
date on which the Expiry Time occurs. 

 ARTICLE 6 

AMENDMENT AND TERMINATION 

6.1 Amendment 
 This
Agreement may, at any time and from time to time prior to the Expiry Time, be amended by mutual written agreement of the parties hereto. 

6.2 Understanding Regarding Proposed Amendments 
 The parties agree that if Belden proposes any amendment or amendments to this Agreement or to the Offer, or proposes an alternative transaction (such as a plan of arrangement or amalgamation) whereby
Belden or a subsidiary of Belden would effectively acquire all of the Miranda Shares within approximately the same time periods and on economic terms (including at least the same amount and form of consideration per Miranda Share) and other terms
and conditions (including, without limitation, tax treatment) and having consequences to Miranda and the Miranda Shareholders that, in the opinion of Miranda, acting reasonably, are equivalent to or better than those contemplated by this Agreement
(an “Alternative Transaction”), Miranda will support undertaking and completion of such Alternative Transaction in the same manner as the Offer and shall otherwise fulfill its covenants contained in this Agreement in respect of such
Alternative Transaction, provided any such Alternative Transaction shall not be subject to a financing condition, and further provided that it can be effected subject to applicable Laws and the rights of the Miranda Shareholders. In the event of any
proposed Alternative Transaction, the references in this Agreement to the Offer shall be deemed to be changed to “Alternative Transaction” with necessary modifications and all terms, covenants, representations and warranties of this
Agreement (with the adjustments necessary to reflect the Alternative Transaction) shall be and shall be deemed to have been made in the context of the Alternative Transaction and, if requested by Belden, Miranda shall execute and deliver either an
arrangement agreement in a customary form and consistent with the commercial terms of this Agreement or such other agreement giving effect to and evidencing such amendment as may be reasonably required as a result of such modification and
adjustments. 
 6.3 Termination 
 This Agreement may be terminated at any time prior to the Effective Time: 
  

	 	(a)	by mutual written consent of Belden, the Acquiror and Miranda; 

  

	 	(b)	by Miranda, if the Acquiror does not mail the Offer by the Latest Mailing Time (other than as a result of a default or breach by Miranda of a material covenant or
obligation hereunder) or if the Offer (or any amendment thereto other than as permitted hereunder or as has been mutually agreed by the parties) does not conform in all material respects with the description of the Offer in this Agreement and such
non-conformity is not cured within five Business Days from the date of receipt by Belden of written notice to that effect from Miranda; 

  
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	 	(c)	by the Acquiror on or after the Latest Mailing Time, if any condition to making the Offer for the Acquiror’s benefit is not satisfied or waived by such date;

  

	 	(d)	by the Acquiror if the Minimum Tender Condition or any other condition of the Offer shall not be satisfied or waived at the Expiry Time of the Offer, as such Expiry
Time may be extended by the Acquiror in its sole discretion or as requested pursuant hereto, and the Acquiror shall not elect to waive such condition; 

  

	 	(e)	by Miranda or the Acquiror, if the Acquiror does not take up and pay for the Miranda Shares tendered pursuant to the Offer by the Outside Date, provided that the right
to terminate this Agreement pursuant to this clause shall not be available to the Party seeking to terminate if any action of such Party or its affiliates, or any failure of such Party or its affiliates to perform any of its obligations under this
Agreement required to be performed by it, shall have resulted in a condition contained in Schedule A not having been satisfied prior to the Outside Date; 

 

	 	(f)	by Miranda or the Acquiror, if: 

  

	 	(i)	any court of competent jurisdiction or other Governmental Entity shall have issued an order, decree or ruling enjoining or otherwise permanently prohibiting or
restraining any of the Contemplated Transactions, including the Offer and any Subsequent Acquisition Transaction and such order, decree or ruling has become final and non-appealable, provided that if the Acquiror is seeking to terminate this
Agreement pursuant to this Section 6.3(f), it shall have used all commercially reasonable efforts to remove such order, decree, ruling or injunction; or 

 

	 	(ii)	any litigation or other proceeding is pending or has been threatened to be instituted by any Person or Governmental Entity, which, in the good faith judgment of the
Acquiror, could reasonably be expected to result in a decision, order, decree or ruling which enjoins, prohibits, grants damages in a material amount in respect of, or materially impairs the benefits of, any Contemplated Transactions;

  

	 	(g)	by Miranda, if Belden or the Acquiror shall have breached, or failed to comply with, any of its covenants or obligations under this Agreement in any material respect,
or if any representation or warranty of Belden or the Acquiror contained in this Agreement shall have become inaccurate in any material respect provided that: (A) Belden and the Acquiror shall be provided with prompt written notice of such
breach, non-compliance or inaccuracy and shall have 10 Business Days from receipt of such notice to cure such breach, non-compliance or inaccuracy; and (B) the collective effect of all such breaches, non-compliance and/or inaccuracies would
prevent the completion of the Offer by the Outside Date; 

  

	 	(h)	 by the Acquiror, if (i) Miranda or any of its Representatives breached any covenant or obligation in Section 4.6 or Section 4.7, or
(ii) Miranda shall have breached, or failed to comply with, any of its other covenants or obligations under this Agreement in any material respect, or if any representation or warranty of Miranda contained in this Agreement shall have become
inaccurate in any material respect; provided that, in the case of clause (ii) above only: (A) Miranda shall be provided with prompt written notice of such breach, non-compliance or inaccuracy and shall have 10 Business Days from

  
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receipt of such notice to cure such breach, non-compliance or inaccuracy; and (B) the collective effect of all such breaches, non-compliance and/or inaccuracies shall have a Material Adverse
Effect on Miranda or otherwise prevent the completion of the Offer by the Outside Date; 

  

	 	(i)	by the Acquiror, if: 

  

	 	(i)	the Miranda Board fails to promptly publicly reaffirm its approval of, and recommend, the Offer in a circumstance contemplated by Section 4.7;

  

	 	(ii)	the Miranda Board or any committee thereof withdraws, modifies, changes or qualifies its approval or recommendation of the Offer in any manner adverse to Belden or the
Acquiror or remains neutral beyond the ten calendar day period set out in Section 4.6(a)(iv) in respect of an Acquisition Proposal; 

  

	 	(iii)	the Miranda Board or any committee thereof recommends or approves, or publicly proposes to recommend or approve, an Acquisition Proposal; or 

 

	 	(iv)	Miranda or the Miranda Board fails to take any action required under Section 2.6 with respect to the Shareholder Rights Plan; and 

 

	 	(j)	by Miranda in order to enter into an agreement with any Person in respect of a Superior Proposal (other than a confidentiality agreement referred to in
Section 4.6(e)), provided that Miranda shall have previously or concurrently paid the Termination Fee specified in Section 6.5(a)(ii). 

 6.4 Effect of Termination 
 For greater certainty, the parties agree that
the compensation or damages to be received pursuant to Section 6.5 of this Agreement is the sole remedy in compensation or damages of the Party receiving such payment; provided, however, that nothing contained in this Section 6.4, and no
payment of an amount under Section 6.5 of this Agreement, shall relieve or have the effect of relieving any Party in any way from liability for damages incurred or suffered by a Party as a result of an intentional breach of this Agreement,
including the intentional making of a misrepresentation in this Agreement (including the Schedules hereto). Nothing herein shall preclude a Party from seeking injunctive relief to restrain any breach or threatened breach of the covenants or
agreements set forth in this Agreement or otherwise to obtain specific performance of any such covenants or agreements, without the necessity of posting bond or security in connection therewith. 

6.5 Termination Fee 
  

	 	(a)	If: 

  

	 	(i)	the Acquiror shall exercise its termination rights pursuant to Section 6.3(h)(i) or Section 6.3(i); 

 

	 	(ii)	Miranda shall exercise its termination rights pursuant to Section 6.3(j); or 

 

	 	(iii)	in a case where neither (i) nor (ii) above is applicable, if the Acquiror shall exercise its termination rights pursuant to Section 6.3(d) or
Section 6.3(e) and: 

  

	 	(A)	following the date hereof and prior to the date on which this Agreement is terminated, an Acquisition Proposal is publicly announced or made, or any Person has publicly
announced an intention to make an Acquisition Proposal; and 

  
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	 	(B)	either 

  

	 	(1)	an Acquisition Proposal is completed within 12 months following the date of this Agreement, in which case the Termination Fee shall be paid to the Acquiror concurrently
with the completion of such Acquisition Proposal, or 

  

	 	(2)	an agreement in respect of an Acquisition Proposal (other than a confidentiality or standstill agreement contemplated by Section 4.6(e)) is entered into by Miranda
within 12 months following the date of this Agreement and such Acquisition Proposal is completed at any time after the date of this Agreement, in which case the Termination Fee shall be paid to the Acquiror concurrently with the completion of such
Acquisition Proposal, 

 then in any such case Miranda shall pay to Belden a termination fee of $19,154,790 (the
“Termination Fee”) in immediately available funds to an account designated by Belden. Such payment shall be due (i) in the case of the exercise of termination rights specified in Section 6.5(a)(i) immediately upon
termination and, in the case of termination by Miranda pursuant to Section 6.5(a)(ii), as a condition to termination, (ii) in the case of the exercise of the termination rights specified in Section 6.5(a)(iii)(B)(1) or
6.5(a)(iii)(B)(2), concurrently with the completion of such Acquisition Proposal. Under no circumstances shall Miranda be obligated to make more than one payment pursuant to this Section 6.5. 

For the purposes of Section 6.5(a)(iii), the term “Acquisition Proposal” shall be read such that all references to
“20% or more” in the definition of Acquisition Proposal are references to “50.1% or more”. 
  

	 	(b)	Unless the Termination Fee is paid, the Acquiror shall be entitled to an expense reimbursement payment of $1,000,000 (the “Expense Reimbursement”) if
this Agreement is terminated pursuant to Section 6.3(h)(ii), in which case the Expense Reimbursement will be paid to the Acquiror (or an assignee) promptly upon, and in any event within two Business Days of, such termination, except in a
circumstance where Miranda is entitled to terminate this Agreement pursuant to Section 6.3(g), in which event no Expense Reimbursement will be payable hereunder. 

 

	 	(c)	Any obligation to make a payment as a result of this Section 6.5 shall survive the termination of this Agreement. 

6.6 Liquidated Damages 

Belden and the Acquiror acknowledge that, in the circumstances in which a Termination Fee becomes payable pursuant to Section 6.5,
such Termination Fee to be paid represents payment of liquidated damages which are a genuine pre-estimate of the damages which Belden and the Acquiror will suffer or incur as a result of the event giving rise to such damages and the resultant
termination of this Agreement and is not a penalty. Miranda irrevocably waives any right it may have to raise a defence that any such liquidated damages are excessive or punitive. Belden and the Acquiror agree that the payment of the amount pursuant
to Section 6.5 is the sole and exclusive remedy of Belden and the Acquiror in respect of the events giving rise to the payment of the Termination Fee. 

  
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 6.7 Remedies 
 The parties hereto acknowledge and agree that an award of money damages would be inadequate for any breach of this Agreement by any Party or its representatives and any such breach would cause the
non-breaching Party irreparable harm. Accordingly, the parties hereto agree that, in the event of any breach or threatened breach of this Agreement by one of the parties, the non-breaching Party will also be entitled, without the requirement of
posting a bond or other security, to such equitable relief, including injunctive relief and specific performance. Such remedies will not be the exclusive remedies for any breach of this Agreement but will be in addition to all other remedies
available at Law or equity to each of the parties. 
 ARTICLE 7 

GENERAL 
 7.1 Notices

  

	 	(a)	All notices and other communications which may or are required to be given pursuant to any provision of this Agreement shall be given or made in writing and shall be
deemed to be validly given if served personally or by telecopy in each case addressed to the particular Party at: 

  

	 	(i)	If to Miranda, at: 

 Miranda
Technologies Inc. 
 3499 Douglas-B.-Floreani 
 St-Laurent, QC H4S 2C9 
 Attention: Strath Goodship 

Telecopier No.: 514-333-9828 
 with a copy (which shall not constitute notice) to: 
 Osler, Hoskin &
Harcourt LLP 
 1000 De La Gauchetière St. West, Suite 2100 

Montreal, Québec H3B 4W5 
 Attention: Robert Yalden 
 Telecopier No.: 514-904-8101 

 

	 	(ii)	If to Belden at: 

 Belden Inc.

 7733 Forsyth Blvd., Suite 800 
 St. Louis, MO 63105 
 Attention: Legal Department 

Telecopier No.: 314-854-8001 
 with a copy (which shall not constitute notice) to: 

  
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 McCarthy Tétrault LLP 

Suite 5300 

Toronto Dominion Bank Tower 
 Toronto-Dominion Centre 
 Toronto, Ontario M5K 1E6 

Attention: Jonathan Grant 
 Telecopier No.: 416-868-0673 
  

	 	(iii)	If to the Acquiror at: 

 Belden
CDT (Canada) Inc. 
 1 First Canadian Place, 16th Floor 
 100 King Street West 
 Toronto, Ontario M5X 1G5 

Attention: Legal Department 
 Telecopier No.: 314-854-8001 
 with a copy (which shall not constitute notice) to:

 McCarthy Tétrault LLP 
 Suite 5300 
 Toronto Dominion Bank Tower 

Toronto-Dominion Centre 
 Toronto, Ontario M5K 1E6 
 Attention: Jonathan Grant 

Telecopier No.: 416-868-0673 
 or at such other address of which any Party may, from time to time, advise the other parties by notice in writing given in accordance with the foregoing. The date of receipt of any such notice shall be
deemed to be the date of delivery or telecopying thereof. 
 7.2 Assignment 

This Agreement shall not be assigned by operation of Law or otherwise other than as expressly permitted by this Agreement. This Agreement
may be assigned by Miranda with the prior written consent of Belden and the Acquiror and may be assigned by Belden or the Acquiror with the prior written consent of Miranda. 
 7.3 Binding Effect 
 This Agreement shall be binding upon and shall enure to
the benefit of the parties hereto and their respective successors and permitted assigns and no third party shall have any rights hereunder except as provided in Section 4.9. 

  
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 7.4 Waiver and Modification 
 Miranda, Belden and the Acquiror may waive or consent to the modification of, in whole or in part, any inaccuracy of any representation or warranty made to them hereunder or in any document to be
delivered pursuant hereto and may waive or consent to the modification of any of the covenants herein contained for their respective benefit or waive or consent to the modification of any of the obligations of the other parties hereto. Any waiver or
consent to the modification of any of the provisions of this Agreement, to be effective must be in writing executed by the Party granting such waiver or consent. No waiver shall operate as a waiver of any other matter whatsoever. 

7.5 Further Assurances 

Each Party hereto shall, from time to time, and at all times hereafter, at the request of the other Party hereto, but without further
consideration, do all such further acts and execute and deliver all such further documents and instruments as shall be reasonably required in order to fully perform and carry out the terms and intent hereof, including assisting the other Party in
seeking and obtaining the Third Party Consents. 
 7.6 Expenses 
 The parties agree that all out-of-pocket expenses of the parties relating to the transactions contemplated hereby, including legal fees, accounting fees, financial advisory fees, regulatory filing fees,
stock exchange fees, all disbursements of advisors and printing and mailing costs, shall be paid by the Party incurring such expenses. 
 7.7
Publicity 
 Belden and Miranda agree to make a joint news release with respect to this Agreement and the transactions
contemplated herein as soon as practicable after the date hereof. Belden, the Acquiror and Miranda further agree that, from the date hereof until the earlier of the completion of the Offer and the termination of this Agreement, except as required by
applicable Laws, neither Belden, the Acquiror nor Miranda shall make any public announcement or statement with respect to the Offer or this Agreement without the approval of the other Parties, such approval not to be unreasonably withheld or
delayed, except to the extent necessary to comply with applicable Securities Laws. Moreover, in any event, each Party agrees to give prior notice to the other Party of any public announcement relating to the Offer and agrees to consult with the
other Party, and acting reasonably and in good faith, to consider comments provided by the other Party, prior to issuing each such public announcement. 
 7.8 Governing Laws 
 This Agreement shall be governed by and construed in
accordance with the Laws of the Province of Québec and the federal Laws of Canada applicable therein and shall be treated in all respects as a Québec contract. The parties to this Agreement hereby attorn to the non-exclusive
jurisdiction of the courts of the Province of Québec. 
 7.9 Time of Essence 

Time shall be of the essence in this Agreement. 
 7.10 Counterparts 
 This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original but all of which together shall constitute one and the same instrument. 
 [Signature page follows] 

  
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 IN WITNESS WHEREOF the parties hereto have executed this Support Agreement as of the date first
written above. 
  

			
	MIRANDA TECHNOLOGIES INC.
		
	per:	 	“W. Brian Edwards”
	Name:	 	W. Brian Edwards
	Title:	 	Chairman of the Board of Directors
	
	BELDEN INC.
		
	per:	 	“Kevin Bloomfield”
	Name:	 	Kevin Bloomfield
	Title:	 	General Counsel
	
	BELDEN CDT (CANADA) INC.
		
	per:	 	“Kevin Bloomfield”
	Name:	 	Kevin Bloomfield
	Title:	 	General Counsel

 Support Agreement 

 SCHEDULE A 
 OFFER TERMS 
  

	1.	General Terms. The Offer shall be made by a take-over bid circular prepared in compliance with the applicable Securities Laws. 

 

	2.	Consideration. Subject to Section 4.11, the Acquiror shall offer to acquire the Miranda Shares for consideration consisting of $17.00 in cash (the
“Offer Price”) for each Miranda Share. 

  

	3.	Conditions of the Offer. The Offer shall be subject to the following terms and conditions which shall have been satisfied or waived to the Acquiror’s
satisfaction: 

  

	 	(a)	 there shall have been validly deposited under the Offer and not withdrawn a number of Miranda Shares which constitute, together with any Miranda Shares
directly or indirectly owned by the Acquiror or its affiliates, at least 66 2/3% of the outstanding Miranda Shares (on a fully diluted basis, excluding any Rights which may be issued pursuant to the
Shareholder Rights Plan); 

  

	 	(b)	the Miranda Board shall have (i) deferred the Separation Time of the Rights under the Shareholder Rights Plan and (ii) irrevocably waived or suspended the
operation of the Shareholder Rights Plan or otherwise rendered the Shareholder Rights Plan inoperative against the Offer, any Compulsory Acquisition and any Subsequent Acquisition Transaction; 

 

	 	(c)	The Lock-Up Agreements shall not have been breached or terminated in accordance with their terms; 

 

	 	(d)	All Options, SARs, Miranda DSUs and Miranda RSUs shall have been exercised or cancelled in accordance with the terms of the respective plans; 

 

	 	(e)	all government or regulatory approvals, waiting or suspensory periods, waivers, permits, consents, reviews, orders, rulings, decisions, and exemptions (including,
without limitation, those of any stock exchanges or other securities or regulatory authorities and the Antitrust Approvals) which in the Acquiror’s reasonable judgement are necessary to obtain in connection with the Offer, any Compulsory
Acquisition or any Subsequent Acquisition Transaction shall have been obtained or concluded on terms and conditions satisfactory to the Acquiror, acting reasonably; 

 

	 	(f)	there shall not be in force any final and non-appealable judgement, injunction, order or decree, there shall not have been passed any Law prohibiting, preventing,
restraining or enjoining the consummation of the transactions contemplated by the Agreement; 

  

	 	(g)	no act, action, suit or proceeding shall have been threatened or taken before or by any domestic or foreign court or tribunal or governmental agency or other regulatory
authority or administrative agency or commission or by any elected or appointed public official or private person (including, without limitation, any individual, corporation, firm, group or other entity) in Canada or elsewhere, whether or not having
the force of law, and no law, regulation or policy shall have been proposed, enacted, promulgated, amended, applied or otherwise come into effect or existence, in either case: 

	 	(i)	to cease trade, enjoin, prohibit or impose material limitations or conditions on the purchase by or the sale to the Acquiror of the Miranda Shares or the right of
Acquiror to own or exercise full rights of ownership of the Miranda Shares, or the consummation of any Compulsory Acquisition Transaction or Subsequent Acquisition Transaction; 

 

	 	(ii)	which, if the Offer (or the consummation of any Compulsory Acquisition Transaction or Subsequent Acquisition Transaction) were consummated, would reasonably be expected
to have a Material Adverse Effect on Miranda; or 

  

	 	(iii)	which would prevent the ability of the Acquiror or its affiliates to effect a Subsequent Acquisition Transaction; 

 

	 	(h)	there shall not exist any prohibition at law against the Acquiror making the Offer, taking up and paying for Miranda Shares deposited under the Offer or completing a
Compulsory Acquisition or Subsequent Acquisition Transaction; 

  

	 	(i)	the Support Agreement shall not have been terminated in accordance with its terms; 

 

	 	(j)	all representations and warranties of Miranda in Schedule C (in each case without giving effect to any materiality qualifications or limitations therein) shall
be true and correct as at the Expiry Time as if made at and as of such time (except to the extent such representations and warranties speak solely as of an earlier date, in which event such representations and warranties shall be true and correct to
such extent as of such earlier date), except for any breach or failure of such representations and warranties to be true and correct that would not, individually or in the aggregate, constitute a Material Adverse Effect on Miranda;

  

	 	(k)	Miranda shall have observed and performed its covenants and obligations set out in the Support Agreement in all material respects to the extent that such covenants were
to have been observed or performed by Miranda at or prior to the Expiry Time; 

  

	 	(l)	A Material Adverse Effect shall not exist or have occurred with respect to Miranda; and 

 

	 	(m)	the Acquiror shall not have become aware of any untrue statement of material fact, or an omission to state a material fact that is required to be stated or that is
necessary to make a statement not misleading in the light of the circumstances in which it was made and at the date it was made (after giving effect to all subsequent filings prior to the date of the Offer in relation to all matters covered in
earlier filings), in any document filed by or on behalf of Miranda with any securities commission or similar securities regulatory authority in any of the provinces of Canada, including without limitation any annual information form, financial
statement, material change report or management proxy circular or in any document so filed or released by Miranda to the public, which the Acquiror shall have determined has or would reasonably be expected to have a Material Adverse Effect on
Miranda. 

  
  

  
 - 2 -

 SCHEDULE B 
 ANTITRUST APPROVALS 
  

	1.	Competition Act Approval means: 

  

	 	(a)	the issuance of an advance ruling certificate by the Commissioner pursuant to section 102(1) of the Competition Act with respect to the transactions contemplated by
this Agreement, and such certificate has not been rescinded or amended; or 

  

	 	(b)	the Acquiror and Miranda shall have given the notice required under section 114 of the Competition Act with respect to the transactions contemplated by this Agreement
and the applicable waiting period under section 123 of the Competition Act shall have expired or shall have been waived in accordance with the Competition Act; or 

 

	 	(c)	the obligation to give the requisite notice shall have been waived pursuant to subsection 113(c) of the Competition Act, 

and, in the case of (b) or (c) above, the Acquiror and Miranda shall have been advised in writing by the
Commissioner that such person does not, at that time, intend to make an application under section 92 of the Competition Act with respect to the transactions contemplated by this Agreement, and the form of and any material terms and conditions
attached to any such advice would not adversely affect the Acquiror in the discretion of the Acquiror, acting reasonably, and such advice has not been rescinded or amended. 

 

	2.	HSR Compliance means that the parties have made the requisite filings under the Hart-Scott-Rodino Antitrust Improvements Act, and the applicable waiting period has
expired or been terminated. 

 SCHEDULE C 
 REPRESENTATIONS AND WARRANTIES OF MIRANDA 
  

	1.	Organization and Subsidiaries. Each of Miranda and its subsidiaries has been duly incorporated or formed under applicable Law, is validly existing and has
full corporate power and authority to own its properties and conduct its business as presently owned and conducted and is duly registered, licensed or otherwise qualified to carry on business in each jurisdiction in which the character of its
properties or the nature of its activities makes such qualification necessary, except where the failure to be so registered, licensed or otherwise qualified would, individually or in the aggregate, not have a Material Adverse Effect on Miranda.

 Miranda has no subsidiaries other than Miranda Technologies Asia Limited, Miranda Asia K.K., Miranda MTI, Inc.
(“Miranda MTI”), Miranda Technologies (GVD) LLC (“Miranda GVD”), Miranda Technologies Ltd. (“Miranda Technologies”), Miranda Technologies Singapore Pte. Ltd. (“Miranda Singapore”),
Miranda Technologies Malaysia (“Miranda Malaysia”), Miranda Technologies France S.A.S., MTAI Holdings (“Miranda MTAI”) and Miranda Technologies (PA) Limited (“Miranda PA”). Miranda GVD is a wholly
owned subsidiary of Miranda MTI. Miranda Singapore and Miranda Malaysia are wholly owned subsidiaries of Miranda Technologies. Miranda PA is a wholly owned subsidiary of Miranda MTAI. 

All of the outstanding shares and all other ownership interests in the subsidiaries of Miranda are duly authorized, validly issued, fully
paid and non-assessable and, except as disclosed in the Miranda Disclosure Letter and except pursuant to restrictions on transfer contained in the articles of the applicable subsidiary, all such shares and other ownership interests are owned
directly or indirectly by Miranda, free and clear of all Encumbrances. Except as disclosed in the Miranda Disclosure Letter, neither Miranda nor any of its subsidiaries has any ownership interest (other than an ownership interest in a subsidiary of
Miranda and ownership of any marketable securities of publicly-listed issuers or Governmental Entities) in any Person. 
 Except
as disclosed in the Miranda Disclosure Letter, there are no outstanding contractual or other obligations of Miranda or any of its subsidiaries to repurchase, redeem or otherwise acquire any of their respective securities or with respect to the
voting or disposition of any outstanding securities of any of them. 
  

	2.	Capitalization. The authorized share capital of Miranda consists of an unlimited number of Common Shares. As at June 4, 2012, there were 21,853,989 Common
Shares outstanding. Except as disclosed in the Miranda Disclosure Letter, as at the date hereof, there were no options, warrants, conversion privileges or other rights (whether pre-emptive or contractual), agreements, arrangements or commitments
obligating Miranda or any of its subsidiaries to issue or sell any shares of the capital of Miranda or any of its subsidiaries or securities or obligations of any kind convertible into or exchangeable for any shares of the capital of Miranda or any
of its subsidiaries. The Miranda Disclosure Letter sets forth all securities issued, issuable or outstanding, as at the date hereof, and all rights, entitlements and benefits outstanding under the Miranda Stock Option Plan, the Miranda Long Term
Incentive Plan, the SAR Plan and the 2010 RSU Plan. 

 All securities of Miranda have been issued in compliance
with all applicable Laws, including applicable Securities Laws. All outstanding Miranda Shares and the Miranda Shares to be issued on the exercise of Options have been duly authorized. The outstanding Miranda Shares are, and the Miranda Shares to be
issued on the exercise of Options will be when issued, validly issued and outstanding as fully paid and non-assessable shares, and are not and will not be subject to, or issued in violation of, any preemptive rights. 

 A true and complete copy of the Shareholder Rights Plan is available on SEDAR. 

Other than the Options, there are no outstanding securities, bonds, debentures or other evidences of indebtedness of Miranda or its
subsidiaries that have the right to vote (or that are convertible into or exercisable for securities having the right to vote) with the holders of the Miranda Shares on any matter. No holder of securities issued by Miranda or its subsidiaries has
any right to compel Miranda or its subsidiaries to register or otherwise qualify securities for public sale in Canada, the United States or elsewhere. 
  

	3.	Authority. 

  

	 	(a)	Miranda has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this
Agreement by Miranda and the consummation by Miranda of the transactions contemplated by this Agreement have been duly authorized by the Miranda Board and, subject to the disclosure in the Miranda Disclosure Letter, no other proceedings on the part
of Miranda are necessary to authorize this Agreement, or the Miranda Circular or the transactions contemplated hereby, other than, with respect to the Miranda Circular and other documents relating thereto, the approval of the Miranda Board.

  

	 	(b)	This Agreement has been duly executed and delivered by Miranda and constitutes a valid and binding obligation of Miranda, enforceable against Miranda in accordance with
its terms subject to bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium and other Laws relating to or affecting creditors’ rights generally and to general principles of equity. 

 

	 	(c)	Except as set forth in the Miranda Disclosure Letter, the execution and delivery by Miranda of this Agreement and performance by it of its obligations hereunder and the
completion of the transactions contemplated hereby, will not: 

  

	 	(i)	result (with or without notice or the passage of time) in a violation or breach of, or constitute a default under, require any consent or authorization to be obtained
under or give rise to any right of termination, amendment, cancellation, suspension, acceleration, penalty or payment obligation or right of purchase or sale or pre-emptive or participation right, under any provision of: 

 

	 	(A)	Miranda’s or any subsidiary of Miranda’s certificate of incorporation, articles, by-laws or other constating documents; 

 

	 	(B)	except in connection with any Antitrust Approvals, any Law, regulation, order, judgment or decree; or 

 

	 	(C)	except as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on Miranda, any Contract by which Miranda or any of its
subsidiaries is bound; or 

  

	 	(ii)	require a Third Party Consent, or give rise to any right of termination or payment, under any Material Contract (as defined herein); or 

 

	 	(iii)	other than under a Mortgage or its related credit agreement, give rise to any right of termination or acceleration of indebtedness, or cause any indebtedness to come
due before its stated maturity or cause any available credit to cease to be available; or 

  
 - 2 -

	 	(iv)	result in any payment (including retention, severance, unemployment, compensation, golden parachute, bonus or otherwise) becoming due to any director, officer or
employee of Miranda or any of its subsidiaries, or materially increase any benefit payable to such director, officer or employee by Miranda or any of its subsidiaries, or result in the acceleration of time or payment or vesting of any such benefits;
or 

  

	 	(v)	result in the imposition of any Encumbrance (other than Permitted Encumbrances or Encumbrances arising from or in connection with any financing or other arrangement
entered into by the Acquiror) upon any of its assets or the assets of any of its subsidiaries, or restrict, hinder, impair or limit the ability of Miranda or any of its subsidiaries to carry on the business of Miranda or any of its subsidiaries as
and where it is now being carried on or as and where it may be carried on in the future, except as could, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect on Miranda. 

 

	4.	Absence of Changes. Since December 31, 2011, except as set forth in the Miranda Disclosure Letter or as Publicly Disclosed by Miranda prior to the
date hereof, (a) there has not been any change in the financial condition, properties, assets, liabilities (including any contingent liabilities), obligations (whether absolute, accrued, conditional or otherwise), businesses, operations or
results of operations of Miranda or any of its subsidiaries, considered as a whole, that would, individually or in the aggregate, have a Material Adverse Effect on Miranda, (b) the business of Miranda and its subsidiaries have been carried on
in the ordinary course, consistent with past practice; (c) neither Miranda nor any of its subsidiaries has incurred any liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise) which would, individually or
in the aggregate, reasonably be expected to result in a Material Adverse Effect; (d) there has not been any incurrence, assumption or guarantee by Miranda or any of its subsidiaries of any debt for borrowed money, any creation or assumption by
Miranda or any of its subsidiaries of any Encumbrance or any making by Miranda or any of its subsidiaries of any loan, advance or capital contribution to, or investment in, any other Person; (e) there has not been any acquisition, exclusive
license or sale by Miranda or any of its subsidiaries of any material property or assets; (f) there has been no dividend or distribution of any kind declared, paid or made by Miranda on any Miranda Shares; (g) Miranda has not effected or
passed any resolution to approve a split, consolidation or reclassification of any of the outstanding Miranda Shares; and (h) except in the ordinary course of business, neither Miranda nor any of its subsidiaries has increased the compensation
paid or payable to its employees or changed any benefit to which its employees or former employees are entitled under any Benefit Plan or created any new Benefit Plan or modified, amended or terminated any Benefit Plan. 

 

	5.	 Financial Statements. The audited consolidated financial statements of Miranda for the fiscal year ending December 31, 2011 and the
interim financial statements for the period ended March 31, 2012 (the “Miranda Financial Statements”) were prepared in accordance with IFRS, and fairly present the assets, liabilities (whether accrued, absolute, contingent or
otherwise), consolidated financial condition of Miranda and its subsidiaries at such dates indicated and the results of operations and cash flows of Miranda and its subsidiaries (on a consolidated basis) for the periods covered. The Miranda
Financial Statements reflect appropriate and adequate reserves in accordance with IFRS in respect of all contingent liabilities, if any, of Miranda and its subsidiaries on a consolidated basis. There has been no material change in Miranda’s
accounting policies, except as described in the notes to the Miranda Financial Statements. Neither Miranda nor any of its subsidiaries nor, to Miranda’s knowledge, any of its or its subsidiaries Representatives has received or otherwise
obtained knowledge of any complaint, allegation, assertion, or claim, whether written or oral, regarding the accounting or auditing practices, 

  
 - 3 -

	 	
procedures or methodologies or methods of Miranda or any of its subsidiaries or their respective internal accounting controls, including any complaint, allegation, assertion or claim that Miranda
or any of its subsidiaries has engaged in questionable accounting or auditing practices, which has not been resolved to the satisfaction of the audit committee of the Miranda Board. 

 

	6.	Undisclosed Liabilities. Except as disclosed in the Miranda Disclosure Letter, neither Miranda nor any of its subsidiaries has any liabilities or
obligations of any nature, whether or not accrued, contingent or otherwise, or any obligation to issue debt securities, or guarantee, assume, endorse, indemnify or otherwise become responsible for the obligations of any other Person except for:
(i) liabilities and obligations that are specifically disclosed on or reserved against in the unaudited balance sheet of Miranda as of March 31, 2012 or in the notes thereto; and (ii) liabilities and obligations incurred in the
ordinary course of business consistent with past practice since March 31, 2012, that are not and would not, individually or in the aggregate with all other liabilities and obligations of Miranda and its subsidiaries (other than those disclosed
on such balance sheet), reasonably be expected to have a Material Adverse Effect on Miranda. 

  

	7.	Litigation, etc. Except as set forth in the Miranda Disclosure Letter or Publicly Disclosed by Miranda prior to the date hereof, there is no claim,
action, inquiry, suit, hearing, arbitration, investigation or other proceeding pending or, to the knowledge of Miranda, threatened against or relating to Miranda or any of its subsidiaries or affecting any of their properties or assets before any
Governmental Entity, nor is Miranda subject to any outstanding order, writ, injunction or decree, that has had or is reasonably likely to have a Material Adverse Effect on Miranda or that is reasonably likely to prevent or materially delay
consummation of the transactions contemplated by this Agreement or the Offer. 

  

	8.	Disclosure Record. Miranda has filed all documents or information required to be filed by it under applicable Securities Laws with the applicable
securities regulatory authorities since January 1, 2011. After giving effect to all subsequent filings in relation to matters covered in earlier filings, the public filings Publicly Disclosed by Miranda under the provisions of applicable
Securities Laws (i) do not contain any misstatement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements made therein, in light of the circumstances under which they were
made, not misleading, and (ii) as of their respective dates (and as of the dates of any amendments thereto), complied as to both form and content in all material respects with the requirements of applicable Securities Laws or were amended on a
timely basis to correct deficiencies identified by securities commissions or similar securities regulatory authorities. Miranda has not filed any confidential material change report with any securities regulatory authority that at the date hereof
remains confidential. 

  

	9.	Related Party Transactions. Except as disclosed in the Miranda Disclosure Letter or as Publicly Disclosed by Miranda, there have not been any, and there are no
current Contracts, commitments, agreements, arrangements or other transactions other than ordinary course transactions (“Related Party Transactions”) between: (a) Miranda or any of its subsidiaries on the one hand; and
(b) any officer or director of Miranda or any of its subsidiaries or, to Miranda’s knowledge, any beneficial owner of 10% or more of the Miranda Shares, or any affiliate of any officer, director or such beneficial owner, on the other hand.
Except as disclosed in the Miranda Disclosure Letter or as Publicly Disclosed by Miranda, since January 1, 2011, there has been no claim, and there is not presently outstanding any claim by any past or present holder of securities against
Miranda, or any past or present directors of Miranda in connection with any Related Party Transactions and to the knowledge of Miranda there are no facts which would substantiate any such claims. 

 

	10.	Tax Residency. Miranda is not a non-resident of Canada for the purposes of the Tax Act. 

  
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	11.	Taxes. Miranda and each of its subsidiaries has filed all material Tax Returns required to be filed by it on or before the date of this Agreement, and except as
set forth in the Miranda Disclosure Letter, those Tax Returns were complete and correct in all material respects and Miranda and each of its subsidiaries has duly and timely paid all material Taxes (including instalments on account of Taxes for the
current year) which are due and payable by it on or before the date hereof and Miranda has provided adequate accruals in accordance with IFRS and all other applicable accounting rules and principles, in the most recently published financial
statements of Miranda for any Taxes for the period covered by such financial statements that have not been paid whether or not shown as being due on any Tax Returns. Except as set forth in the Miranda Disclosure Letter, since such publication date,
no material liability in respect of Taxes not reflected in such statements or otherwise provided for has been assessed, proposed to be assessed, incurred or accrued, other than in the ordinary course of business. Miranda and each of its subsidiaries
has duly and timely withheld in respect of any amount paid or credited by it to or for the account or benefit of any Person, the amount of all material Taxes and other deductions required under any applicable Law to be withheld from any such amount
and has duly and timely remitted such withheld amounts to the appropriate Governmental Entity. Except as disclosed or reflected in the Miranda Disclosure Letter, there are no actions, suits, proceedings, investigations or claims threatened against
Miranda or any of its subsidiaries in respect of Taxes, or any matters under discussion, audit or appeal with any Governmental Entity relating to Taxes asserted by any such authority. Except as disclosed or reflected in the Miranda Disclosure
Letter, none of Miranda or its subsidiaries has provided to any Governmental Entity a waiver or extension of time for the assessment of Taxes. To the knowledge of Miranda, there has not been an acquisition of control (within the meaning of the Tax
Act) of Miranda at any time subsequent to the end of the oldest taxation year of Miranda for which the normal reassessment period under the Tax Act has yet to expire. 

 

	12.	Compliance. 

  

	 	(a)	Miranda has at all times complied with its articles, by-laws and other constating documents, all leases and other Material Contracts, all mortgages and other credit
facilities, all insurance policies and all applicable Laws, except where any failure to do so would not have a Material Adverse Effect on Miranda. Without limiting the generality of the foregoing, Miranda and each of its subsidiaries have complied
with, and are not in violation of, any, applicable Laws, and have not taken any action which is otherwise inconsistent with or prohibited by substantive provisions of the Corruption of Foreign Public Officials Act (Canada) and the U.S.
Foreign Corrupt Practices Act, other than non-compliance or violations which would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect on Miranda, or which would not materially impair the ability
of Miranda to perform its obligations hereunder or reasonably be expected to prevent or materially delay the consummation of the Offer, any Compulsory Acquisition or any Subsequent Acquisition Transaction. Neither Miranda nor any of its subsidiaries
has received any written notices or other correspondence from any Governmental Entity regarding any circumstances that have existed or currently exist that would lead to a loss, suspension or modification of, or a refusal to issue any permits that
would reasonably be expected to restrict, curtail, limit or adversely affect the ability of Miranda or any of its subsidiaries to operate their respective businesses in a manner that would, individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect on Miranda. 

  

	 	(b)	Miranda has not paid or offered to pay any Consideration to a Governmental Official, directly or indirectly, if such offer or payment of Consideration was made with the
intent of obtaining or retaining business and with corrupt intent. The preceding sentence will not apply with respect to modest gifts or reasonable meals or entertainment if given only to build general goodwill and if not given with corrupt intent.

  
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	 	(c)	To the knowledge of Miranda, Miranda’s Books and Records accurately and fairly reflect business transactions and Miranda has internal accounting controls that
provide reasonable assurances that such transactions are executed in accordance with management’s authorization and are properly recorded. 

  

	13.	Authorizations. Miranda and each of its subsidiaries possess all Authorizations necessary to properly conduct their respective businesses, except for any such
Authorizations, the failure of which to possess would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect on Miranda, or would not reasonably be expected to materially impair the ability of Miranda to
perform its obligations hereunder or prevent or materially delay the consummation of the Offer, any Compulsory Acquisition or any Subsequent Acquisition Transaction. Each Authorization obtained by Miranda and its subsidiaries is in full force and
effect and not subject to any dispute, except for any such dispute that would not reasonably be expected to result in a Material Adverse Effect, or would not reasonably be expected to materially impair the ability of Miranda to perform its
obligations hereunder or prevent or materially delay the consummation of the Offer, any Compulsory Acquisition or any Subsequent Acquisition Transaction. Miranda and its subsidiaries are in compliance with each of its Authorizations, except for such
non-compliance as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, or would not reasonably be expected to materially impair the ability of Miranda to perform its obligations hereunder or prevent
or materially delay the consummation of the Offer, any Compulsory Acquisition or any Subsequent Acquisition Transaction. No event has occurred which, with the giving of notice, lapse of time or both, could constitute a default under, or in respect
of, any of such Authorizations. 

  

	14.	Merger Control Filings. The information provided by Miranda to the Acquiror to determine if merger control filings required under any antitrust or competition
Law is accurate and complete in all material respects. 

  

	15.	Real Property. The Miranda Disclosure Letter contains a complete and accurate list of the real property currently owned by Miranda or any of its subsidiaries and
sets forth the name of the entity owning such property as well as the legal description of each parcel of real property currently owned by Miranda or any of its subsidiaries (collectively, the “Owned Real Property”). Except as
disclosed in the Miranda Disclosure Letter, (i) Miranda or one of its subsidiaries has good and marketable title to all such Owned Real Property; (ii) such ownership is not subject to any Encumbrances, except for Permitted Encumbrances;
and (iii) all buildings, fixtures and improvements included in such property respect in all material respects the applicable municipal zoning regulations and fire safety regulations and are in adequate condition and state of repair, normal wear
and tear expected, for the continued conduct of the business of Miranda and its subsidiaries in the manner in which it is currently conducted. 

  

	16.	Leased Properties. The Miranda Disclosure Letter contains a complete and accurate list of premises currently leased by Miranda and any of its
subsidiaries. Each real property lease pertaining to such leased premises (a “Lease”) has been validly executed and delivered by Miranda or the subsidiary that is a party thereto and is in full force and effect. To the knowledge of
Miranda, there exists no default or event, occurrence, condition or act which, with the giving of notice or the lapse of time or both, would become a default on the part of Miranda under such Lease which would give the lessor the right to terminate
the Lease, charge any increase in rent or require any material penalty or similar material payment, subject to all rights to cure under such Lease. Except as disclosed in the Miranda Disclosure Letter, the completion of the transactions contemplated
by the Offer will not give rise to or trigger any change of control provision or termination right under any Lease. 

  
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	17.	Environmental Matters. Except as set forth in the Miranda Disclosure Letter, Miranda and its subsidiaries, and their respective business, operations and
properties: 

  

	 	(a)	except for instances of non-compliance that, individually or in the aggregate, would not have a Material Adverse Effect on Miranda, are in compliance in all respects
with all applicable environmental Laws (including any environmental permits) in Canada; 

  

	 	(b)	have obtained all environmental permits which are required in order to carry on their respective businesses and operations under all applicable environmental Laws,
except where non-compliance or failure to obtain the same, individually or in the aggregate, would not have a Material Adverse Effect on Miranda; 

  

	 	(c)	have not at any time received any written notice, written notice of default, orders, summons, or notice of judgment or commencement of proceedings of any nature related
to any material breach, liability or remedial action, of or arising under environmental Laws (including any environmental permits), which would have individually or in the aggregate a Material Adverse Effect on Miranda; and 

 

	 	(d)	have not at any time given any written undertakings with respect to remedying any breach of or liability under environmental Laws which have not been duly performed,
which breach or liability would have a Material Adverse Effect on Miranda. 

  

	18.	Books and Records. The Books and Records and minute books of Miranda and its subsidiaries are maintained in all material respects in compliance with all
applicable Laws. Except as disclosed in the Miranda Disclosure Letter or as Publicly Disclosed by Miranda, there have been no material changes in the accounting methods, principles, practices or policies of Miranda since December 31, 2011.

  

	19.	Insurance. Copies of all material policies of insurance in force on the date hereof naming Miranda or any of its subsidiaries as an insured have been
provided to the Acquiror; such copies were true and accurate as of the date hereof; and since December 31, 2011, no changes have been made to such policies that, individually or in the aggregate, would have a Material Adverse Effect on Miranda.
All premiums payable prior to the date hereof under material policies of insurance naming Miranda or any of its subsidiaries as an insured have been paid and neither Miranda nor any of its subsidiaries has failed to make a material claim thereunder
on a timely basis except where such failure would not, individually or in the aggregate, have a Material Adverse Effect on Miranda. Each of such material policies and other forms of insurance is in full force and effect on the date hereof and shall
(or comparable replacement or substitutions therefor shall) be kept in full force and effect by Miranda through the Expiry Time. No written or, to the knowledge of Miranda, other notice of cancellation or termination has been received by Miranda or
any subsidiary of Miranda with respect to any such policy. 

  

	20.	Intellectual Property.  

  

	 	(a)	 (i) Miranda and its subsidiaries own all right, title and interest, with a good and marketable title, free and clear of all Encumbrances or any other
rights of others other than Permitted Encumbrances or as disclosed in the Miranda Disclosure Letter, and have the sole and exclusive right to use, or are the licensee, sub-licensee or franchisee, as the case may be, of all patents, trademarks, trade
names, copyrights, Software (as defined below), Software-Related Products (as defined below), industrial designs, trade secrets, 

  
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know-how, confidential information, inventions, ideas, integrated circuit topographies, mask works, goodwill associated with trademarks or proprietary rights, whether registered or not (all
collectively referred to as “Intellectual Property”) used or held for use by Miranda or any of its subsidiaries in their respective businesses, which, to the knowledge of Miranda, is the only Intellectual Property necessary for the
operation of the business of Miranda and its subsidiaries as conducted at the Effective Time; (ii) to the knowledge or Miranda, no event has occurred with respect to the Intellectual Property of Miranda or any of its subsidiaries, that would
abandon, make invalid or unenforceable, or negate the right to use, ownership or title of any Intellectual Property owned, used or held for use by Miranda or any of its subsidiaries; (iii) none of Miranda or any of its subsidiaries is subject
to pending or, to the knowledge of Miranda, threatened litigation before a Governmental Entity contesting patentability or validity of any Intellectual Property owned, used or held for use by Miranda or any of its subsidiaries; (iv) to the
knowledge or Miranda, the conduct of the business of Miranda and its subsidiaries and the use of Intellectual Property by them do not infringe, violate, misappropriate or misuse Intellectual Property or moral rights of any other Person, and, except
as disclosed in the Miranda Disclosure Letter, none of Miranda or any of its subsidiaries has received any notice, complaint, threat or claim alleging infringement, violation, misappropriation or misuse of, any Intellectual Property or moral right
of any other Person, including but not limited to, third parties, current or former employees and independent contractors of Miranda and its subsidiaries; and (v) to the knowledge or Miranda, there is no and has not been any conflict,
unauthorized use, infringement, misuse or misappropriation of any Intellectual Property owned, used or held for use by Miranda or any of its subsidiaries or any breach at any time of any duty or obligation owed to Miranda or any of its subsidiaries
in respect of any Intellectual Property; 

  

	 	(b)	The Miranda Disclosure Letter contains a complete and accurate list of all registered or applied for Intellectual Property owned, used or held for use by Miranda and
its subsidiaries; 

  

	 	(c)	Each of the current and former employees, and independent contractors of Miranda and each of the subsidiaries who is involved in the development of Miranda’s
products has entered into a written proprietary rights agreement with Miranda or the applicable subsidiary (i) assigning to Miranda or the applicable subsidiary any intellectual property rights in any developments, works, inventions or
improvements produced or designed by such person during the term of and in the course of employment, or otherwise, with Miranda or the applicable subsidiary; and (ii) which contains customary confidentiality and non-disclosure covenants; and,
to the knowledge of Miranda, there have not been any breaches of such agreements. None of Miranda or any of its subsidiaries owes any compensation, license fees, or royalty payments with respect to any developments, works, inventions or improvements
produced or designed by current or former employees or independent contractors of Miranda or any of its subsidiaries; 

  

	 	(d)	Miranda and its subsidiaries have taken all reasonable commercial measures to maintain the secrecy of their trade secrets, confidential information and know-how. To the
knowledge of Miranda, all trade secrets, confidential information and know-how of Miranda and its subsidiaries is sufficiently documented in order to exploit such trade secrets, confidential information or know-how without the need to rely on
knowledge or memory of any person; 

  

	 	(e)	 To the knowledge of Miranda, none of the computer programs, computer-related programs, source code, executable code or object code (collectively, the
“Software”) distributed, used or sold by Miranda or any of its subsidiaries, whether under a separate 

  
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sale, distribution or license agreement or as a part of any machinery, equipment, computer, hardware or their parts (collectively, the “Software-Related Products”), uses,
incorporates, integrates or is bundled with any Software, including but not limited to open source Software, public source Software or freeware Software, or any modifications or deviations thereof, in a manner that would require Miranda or any of
its subsidiaries to distribute or to grant access to the source code of any Software owned, used or held for use by Miranda or its subsidiaries or that would restrict the ability of Miranda or its subsidiaries to charge for the ongoing distribution
or sale of the Software or Software-Related Products in the ordinary course of business and consistent with past practice; 

  

	 	(f)	None of Miranda or any of its subsidiaries is party to any agreement, contract, or judicial order that in any way limits or restricts any Intellectual Property that
Miranda or its subsidiaries own and/or currently use to conduct their respective businesses except with respect to the exclusions and limitations included in license agreements to which Miranda or any of its subsidiaries is party and which have been
provided in the Data Room; 

  

	 	(g)	None of Miranda or any of its subsidiaries is party or was party to any research and development, joint development, joint venture, cooperation, initiative or a similar
agreement, that would (i) grant any other party to such agreement any rights with respect to the Intellectual Property of Miranda or any of its subsidiaries, or (ii) limit the use or licensing by Miranda or any of its subsidiaries of any
of their Intellectual Property; and 

  

	 	(a)	None of Miranda or any of its subsidiaries is party to any agreement, contract, or judicial order obliging the disclosure or the escrowing of any of Miranda’s or
any of its subsidiaries’ proprietary Software, whether distributed under a separate sale, distribution or license agreement or as a part of any Software-Related Products, to another Person or for the benefit of another Person.

  

	21.	Product Warranty. Each product and service designed, manufactured, fabricated, sold, leased or delivered by Miranda has been in conformity with all
contractual commitments and all express and implied warranties, and Miranda has no liability (and, to the knowledge of Miranda, there is no basis for any present or future proceeding, charge, complaint, claim or demand against Miranda or Acquiror
giving rise to any liability) for replacement or repair thereof or other damages in connection therewith, except as disclosed in the Miranda Disclosure Letter. Other than pursuant to the Material Contracts listed in the Miranda Disclosure Letter, no
product or service designed, manufactured, fabricated, sold, leased or delivered by Miranda is subject to any guaranty, warranty or other indemnity beyond the applicable standard terms and conditions of sale or lease set forth in detail (by product)
in the Miranda Disclosure Letter. 

  

	22.	Product Liability. Miranda has no material liability (and, to the knowledge of Miranda, there is no basis for any present or future proceeding, charge,
complaint, claim or demand against Miranda or the Acquiror giving rise to any material liability) arising out of any injury to individuals or property as a result of the ownership, possession or use of any product designed, manufactured, fabricated,
sold, leased or delivered by Miranda, except as contemplated in the Miranda Disclosure Letter. 

  

	23.	Relationships with Customers and Suppliers. Neither Miranda nor any of its subsidiaries has received any written or other notice that any material customer,
supplier, distributor or sales representative intends to cancel, terminate or otherwise modify or not renew its relationship with Miranda or one or more of its subsidiaries and, to the knowledge of Miranda, no such action has been threatened.

  
 - 9 -

	24.	Material Contracts. All Contracts, licences, agreements, commitments, entitlements or engagements to which Miranda or any of its subsidiaries is a party
or by which any of them is bound and all leases involving payments by Miranda or its subsidiaries (whether written or oral): (i) which involve aggregate future payments by or to any of them in excess of $500,000 in any 12-month period or which
extend for a period of more than two years and are not terminable without penalty of less than $50,000; (ii) which, if terminated without the consent of Miranda or any of the subsidiaries, would have, or reasonably be expected to have
individually or in the aggregate, a Material Adverse Effect on Miranda; (iii) entered into since January 1, 2011, for the sale of securities or assets of Miranda or any of its subsidiaries, or for the acquisition of securities, assets or
businesses of others (by merger, amalgamation, reorganization, arrangement or otherwise) or for the grant to any Person of any preferential rights to purchase any of its assets; (iv) is a Contract that contains any non-competition obligations,
grants any exclusivity to third parties or otherwise restricts the business of Miranda or any of its subsidiaries; (v) is with a Governmental Entity; or (vi) which are otherwise material or outside the ordinary and regular course of
business; (collectively, “Material Contracts”) are listed in the Miranda Disclosure Letter. 

Each of the Material Contracts is in full force and effect, is valid, binding and enforceable against the parties thereto, and has not
been modified by any agreement (written or oral), has not been assigned, transferred or hypothecated, nor has any notice of termination been given thereunder. Neither Miranda nor any of its subsidiaries is in material breach or default under any
Material Contract or has knowledge of any condition that with the passage of time or the giving of notice or both would result in such a material breach or default. Neither Miranda nor any subsidiary of Miranda knows of, or has received written
notice of, any breach or default under (nor, to the knowledge of Miranda, does there exist any condition which with the passage of time or the giving of notice or both would result in such a breach or default under) any Material Contract by any
other party thereto, except where any such violation or default would not, individually or in the aggregate, constitute a material default thereunder. 
  

	25.	Employment Matters. 

  

	 	(a)	Except as disclosed in the Data Room or the Miranda Disclosure Letter, no person is a party to or a participant in any agreement, arrangement, plan, obligation or
understanding providing for severance or termination or other payments (including, without limitation, bonus, golden parachute, retirement, severance, retiring allowance or similar payment, or any other benefit or enhanced benefit) in connection
with the termination of the employment or engagement of, or resignation of, any director, officer or employee of, or independent contractor to, Miranda or any of its subsidiaries, following a change of control of Miranda and there are no written or
oral agreements, arrangements, plans, obligations or understandings providing for severance or termination or other payments in connection with the termination of the employment or engagement of, or resignation of, any director, officer or employee
of, or independent contractor to Miranda or any of its subsidiaries following a change of control of Miranda. 

  

	 	(b)	Except as disclosed in the Data Room, neither Miranda nor any of its subsidiaries is a party to any employment, engagement or similar agreement with any director or
officer of Miranda or any of its subsidiaries. 

  

	 	(c)	Subject to Section 33 of this Schedule C, Miranda has not declared or paid, or committed to declare or pay, any amount to any Person in respect of a
performance or incentive or other bonus in connection with the completion of the Contemplated Transactions. 

  
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	 	(d)	Except as disclosed in the Data Room, neither Miranda nor any of its subsidiaries is a party to any collective bargaining agreement or subject to any application for
certification or threatened or apparent union-organizing campaign and there are no current, pending or threatened strikes, stoppages, slowdowns, lockouts or other labour disputes or disruptions at Miranda or at any of its subsidiaries.

  

	 	(e)	No material grievance nor any arbitration proceeding arising out of or pursuant to any collective bargaining agreement nor any labour complaint is pending with respect
to any of the employees of Miranda or of any of its subsidiaries. 

  

	26.	Benefit Plans. The Data Room contains true and complete copies of all documents relating to the Benefit Plans. There are no entities other than Miranda or
its subsidiaries participating in any Benefit Plan. Each of the Benefit Plans is and has been established, registered (where required), maintained, funded, invested and administered in compliance in all material respects with its terms and with
applicable Laws. All contributions to and payments from each Benefit Plan that were required to be made in accordance with the terms of any such Benefit Plan, and, where applicable, with the laws that govern such Benefit Plan, have been made in a
timely manner. No Benefit Plan promises or provides retiree welfare benefits or retiree life insurance benefits or any other non-pension post-retirement benefits to any Person. None of the Benefit Plans require or permit a retroactive increase in
premiums or payments, or require additional payments or premiums on the termination of any Benefit Plan or insurance contract in respect thereof. There has been no amendment to, announcement relating to, or change in employee participation or
coverage under, any Benefit Plan that would materially increase the annual expense of maintaining such plan above the level of the expense incurred therefor for the most recent fiscal year. There are no outstanding actions, suits or claims pending
or, to the knowledge of Miranda, threatened concerning the assets held in the funding media for the Benefit Plans (other than routine claims for the payment of benefits submitted by members or beneficiaries in the normal course), and, there is no
litigation, legal action, suit, investigation, claim, counterclaim or proceeding pending or, to the knowledge of Miranda, threatened against or affecting any Benefit Plan which could, individually or in the aggregate, result in a Material Adverse
Effect or a material and adverse change to any Benefit Plan maintained as of the Effective Time. None of Miranda nor any of its subsidiaries currently sponsors, maintains, contributes to or has any liability under, nor has ever sponsored,
maintained, contributed to or incurred any liability under a “registered pension plan” or a “retirement compensation arrangement” or a “deferred profit sharing plan”, each as defined under the Tax Act, a “pension
plan” as defined under applicable pension benefits standards legislation, or any other plan organized and administered to provide pensions for employees. None of the Benefit Plans is a multi-employer plan. 

 

	27.	Severance Liabilities. Except as set out in the Miranda Disclosure Letter, neither Miranda nor any subsidiary of Miranda is subject to any liabilities for
severance or other payments in connection with the termination or cessation of functions (whether voluntary or involuntary) of any Person (“Officer Obligations”) in excess of an aggregate of $50,000 and Miranda will not
automatically become subject to any such liabilities as a result of, or in connection with, the completion of the Offer. 

  

	28.	Reporting Issuer Status. As at the date hereof Miranda is a reporting issuer not in default under the securities laws of each of the provinces and
territories of Canada. No delisting, suspension of trading in or cease trading order with respect to any securities of Miranda and, to the knowledge of Miranda, no inquiry or investigation (formal or informal) of the AMF, the OSC or the TSX is in
effect or ongoing or, to the knowledge of Miranda, expected to be implemented or undertaken with respect to Miranda. 

  
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	29.	Disclosure Controls and Procedures. Miranda maintains a system of disclosure controls and procedures intended to ensure that the information disclosed by
Miranda under applicable Securities Laws is recorded, processed, summarized and reported within the time periods specified in the Securities Laws and does not contain any untrue statement of a material fact or omit to state a material fact required
to be stated or that is necessary to make a statement not misleading in light of the circumstances under which it was made. To the knowledge of Miranda, such disclosure controls and procedures are effective in timely alerting the Chief Executive
Officer and Chief Financial Officer of Miranda to material information required to be included in Miranda’s periodic reports required under Securities Laws. 

 

	30.	Internal Control Over Financial Reporting. Miranda maintains a system of internal controls over financial reporting intended to ensure that Miranda’s
annual financial statements, together with the other financial information included in its annual filings, fairly present in all material respects the financial condition, results of operations and cash flows of Miranda as of the date of and for the
periods presented in the annual filings. The annual and interim certifications filed by Miranda as part of the Miranda Public Documents have been true and accurate. To the knowledge of Miranda there is and there has been no fraud, whether or not
material, involving management or any other employees who have a significant role in the internal control over financial reporting of Miranda. Miranda has received no: (i) complaints, allegations, assertions or claims from any source regarding
accounting, internal accounting controls or auditing matters; or (ii) expressions of concern from employees of Miranda or any of its subsidiaries regarding questionable accounting or auditing matters or questionable payments.

  

	31.	United States Securities Laws. The Miranda Shares are not, and are not required to be, registered pursuant to Section 12 of the United
States Securities Exchange Act of 1934. Miranda is not, and is not required to be, registered as an investment company under the Investment Company Act of 1940, as amended. 

 

	32.	Investment Canada Act. The value of the assets of Miranda, calculated in the manner prescribed by the Investment Canada Act, is less than
$330 million and Miranda does not carry on a cultural business (as such term is defined in the Investment Canada Act). 

  

	33.	Fees. Except for the fees of the financial advisor to Miranda, none of Miranda or any of its subsidiaries will be liable, directly or indirectly, for the fees,
commissions or expenses of any broker, finder, investment banker or other similar agent or intermediary in connection with the Offer. 

  

 

  
 - 12 -

 SCHEDULE D 
 REPRESENTATIONS AND WARRANTIES OF ACQUIROR 
  

	1.	Organization. The Acquiror has been duly incorporated under applicable Law, is validly existing and has full corporate power and authority to own its properties
and conduct its business as presently owned and conducted. 

  

	2.	Authority and Absence of Conflicts. 

  

	 	(a)	The Acquiror has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this
Agreement by the Acquiror and the consummation by the Acquiror of the transactions contemplated by this Agreement have been duly authorized by the board of directors of the Acquiror and no other proceedings on the part of the Acquiror are necessary
to authorize this Agreement. 

  

	 	(b)	This Agreement has been duly executed and delivered by the Acquiror and constitutes a valid and binding obligation of the Acquiror, enforceable against the Acquiror in
accordance with its terms subject to bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium and other Laws relating to or affecting creditors’ rights generally and to general principles of equity. 

 

	 	(c)	The execution and delivery by the Acquiror of this Agreement and performance by it of its obligations hereunder and the completion of the transactions contemplated
hereby, will not result in a violation or breach of, require any consent to be obtained under or give rise to any termination rights under any provision of: 

 

	 	(i)	the Acquiror’s certificate of incorporation, articles, by-laws or other constituting documents; 

 

	 	(ii)	except in connection with any Antitrust Approvals, any Law, regulation, order, judgment or decree; or 

 

	 	(iii)	any Contract to which it is a party, except where such violation, conflict, breach, default or failure to obtain or deliver any consent, approval or notice would not,
individually or in the aggregate, materially impede the completion of the transactions contemplated by this Agreement. 

  

	 	(d)	Other than in connection with or in compliance with the Antitrust Approvals and except as otherwise contemplated herein, no filing or registration by the Acquiror with,
or authorization, consent or approval of, any Governmental Entity need be obtained by the Acquiror in connection with the performance of its obligations hereunder or the making or the consummation of the Offer, or the completion of a Compulsory
Acquisition or a Subsequent Acquisition Transaction, except for any filing, registration, authorization, consent or approval which, if not obtained or made, would not, individually or in the aggregate, materially impede the completion of the
transactions contemplated by this Agreement. 

  

	3.	Sufficient Funds. The Acquiror has sufficient funds or adequate arrangements as such term is understood for purposes of Section 2.27 of Multilateral
Instrument 62-104 – Take-Over Bids and Issuer Bids or Section 97.3 of the Securities Act (Ontario) for financing in place to satisfy, and will at the Expiry Time have sufficient funds to pay in full the consideration under the
Offer. 

	4.	Share Ownership. Neither Belden nor the Acquiror beneficially own any Miranda Shares or securities convertible or exchangeable for Miranda Shares.

  
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 SCHEDULE E 
 FORM OF LOCK-UP AGREEMENT 
 THIS LOCK-UP AGREEMENT (this
“Agreement”) dated June     , 2012 between Belden Inc. (“Belden”), a corporation incorporated under the laws of Delaware, Belden CDT (Canada) Inc. (“Offeror”), a corporation
incorporated under the laws of Ontario and                              (the “Seller”).

 WHEREAS: 
  

	A.	The Offeror is willing to make an offer to all of the Miranda Shareholders by way of a take-over bid to acquire all of the issued and outstanding Miranda Shares,
including all Miranda Shares issued after the date of the Offer and prior to the Expiry Time upon the exercise of Options that are outstanding on the date hereof, on the terms and subject to the conditions set out in this Agreement;

  

	B.	The Offeror is contemporaneously herewith entering into a support agreement (the “Support Agreement”) with Miranda Technologies Inc.
(“Miranda”) which provides for, among other things, the terms and conditions under which the Offeror will make the Offer and the terms and conditions of the Offer; and 

 

	C.	This Agreement sets out the terms and conditions of the Seller’s agreement to (i) support the Offer, (ii) exercise and/or surrender and cancel all
Options presently or subsequently, and (ii) deposit or cause to be deposited irrevocably under the Offer (a) all Miranda Shares legally or beneficially owned by the Seller, or over which the Seller exercises control or direction, as of the
date hereof and (b) all Miranda Shares legally or beneficially acquired by the Seller, or over which the Seller obtains control or direction, after the date hereof, including Miranda Shares acquired after the date hereof upon the exercise of
Options (all such Miranda Shares collectively being the “Seller’s Securities”). 

 NOW THEREFORE in
consideration of the Offeror agreeing to make the Offer, and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Offeror and the Seller agree as follows: 

ARTICLE 1 

OFFER 
 1.1 Offer for
Miranda Shares 
 The Offeror will publicly announce its intention to make the Offer and make the Offer on the terms and subject to the
conditions set out in the Support Agreement, and will mail the Offer Documents no later than the Latest Mailing Time (as such time may be extended, from time to time, in accordance with Article 2 of the Support Agreement), all in accordance with the
Support Agreement. 

 1.2 Take-Up and Payment 
 Provided all conditions to the Offer set out in Schedule A to the Support Agreement have been satisfied or waived in accordance with the provisions of the Support Agreement, the Offeror will take up and
pay for all the Seller’s Securities deposited under the Offer promptly and, in any event, not later than three business days following the time at which it first becomes entitled to take up such securities under the Offer pursuant to Securities
Laws. 
 1.3 Conditions 
 The
conditions to the making of the Offer are set out in Section 2.1(e) of the Support Agreement and the conditions to the Offer are set out in Schedule A to the Support Agreement. All such conditions are for the sole benefit of the Offeror and the
Offeror may, in its sole discretion, modify or waive any such term or condition, subject to the terms of the Support Agreement. 

ARTICLE 2 

REPRESENTATIONS AND WARRANTIES 
 2.1 Representations and Warranties of the Seller 
 The Seller represents and warrants to and
in favour of the Offeror as follows as at the date hereof and immediately prior to the Effective Time, and acknowledges that the Offeror is relying upon such representations and warranties in connection with the matters contemplated by this
Agreement: 
  

	 	(a)	Ownership, etc. The Seller is the sole beneficial owner of, or exercises control or direction over, all of the Seller’s Securities listed in Appendix A,
attached hereto. The only securities of Miranda legally or beneficially owned by the Seller, or over which the Seller exercises control or direction, are those listed in Appendix A to this Agreement. Except for the Options set out in Appendix A, the
Seller has no agreement or option, or right or privilege (pre-emptive, contractual or by Law) capable of becoming an agreement or option, for the purchase or acquisition by the Seller or transfer to the Seller of additional securities of Miranda and
is not aware of any issued and outstanding convertible securities of Miranda, other than the Options. 

  

	 	(b)	Good Title. The Seller’s Securities to be acquired by the Offeror pursuant to the Offer will, immediately prior to the time at which the Offeror takes up
and pays for such Seller’s Securities, be beneficially owned by the Seller with good and marketable title, free and clear of any and all Encumbrances. The Seller’s Securities are not subject to any securityholders’ agreement, voting
trust or similar agreement or any right or privilege (pre-emptive, contractual or by Law) capable of becoming a securityholders’ agreement, voting trust or other agreement affecting the Seller’s Securities or the ability of the Seller (or,
after the acquisition by the Offeror pursuant to the Offer, the Offeror) to exercise ownership rights thereto, including the voting of any such Seller’s Securities or any securities of Miranda for which the Seller’s Securities may be
exercised or exchanged. 

	 	(c)	No Agreements. No person whatsoever has any agreement or option, or any right or privilege (pre-emptive, contractual or by Law) capable of becoming an agreement
or option, for the purchase, requisition or transfer from the Seller, or any registered holder of Seller’s Securities, of any of the Seller’s Securities, or any interest therein or right thereto, except pursuant to this Agreement. Other
than as disclosed in writing to the Offeror, there does not exist any agreement, understanding or commitment giving rise to any obligations, financial or otherwise, on the part of Miranda or any of its affiliates to the Seller, or any affiliates of
the Seller, as applicable. 

  

	 	(d)	No Proceeding Pending. There is no claim, action, lawsuit, arbitration, mediation or other proceeding pending or threatened against the Seller, which could
materially impair (i) the ability of the Seller to perform its obligations under this Agreement, or (ii) the title of the Seller to any of the Seller’s Securities. 

 

	 	(e)	Consents. There is no requirement of the Seller to make any filing with, give any notice to, or obtain any permit, license, sanction, ruling, order, exemption or
consent, approval or waiver of, any Governmental Entity or other person (including the lapse, without objection, of a prescribed time under Law that states that a transaction may be implemented if a prescribed time lapses following the giving of
notice) as a condition to the lawful completion of the transactions contemplated by this Agreement or the Offer, or the execution and delivery by the Seller and enforcement against the Seller of this Agreement. 

 

	 	(f)	Non-Contravention. The execution and delivery by the Seller of this Agreement, the authorization of this Agreement by the Seller, and the performance by the
Seller of its obligations under this Agreement, (i) does not require any authorization to be obtained by the Seller, and (ii) will not (with or without notice or the lapse of time or the happening of any other event or condition) result in
a breach or a violation of (A) any agreement, contract or indenture to which the Seller is a party or by which the Seller is, or the Seller’s Securities are, bound, and (B) any applicable Laws. 

 

	 	(g)	Sophisticated Seller. The Seller is a sophisticated seller with respect to the Seller’s Securities and has independently and without reliance upon the
Offeror, and based on such information as the Seller has deemed appropriate, made its own analysis and decision to enter into this Agreement. The Seller acknowledges that the Offeror has not made and does not make any representation or warranty,
whether express or implied, of any kind or character except as expressly set forth or incorporated by reference in this Agreement. 

  

	 	(h)	Execution and Delivery. This Agreement has been duly executed and delivered by the Seller and constitutes a legal, valid and binding obligation of the Seller
enforceable against it in accordance with its terms except as the enforceability thereof may be limited by (i) bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditor’s rights generally, or (ii) general
equitable principles. 

 2.2 Representations and Warranties of Belden and the Offeror 

Belden and the Offeror hereby represent and warrant to and in favour of the Seller that the representations and warranties made by Belden and the Offeror
in Section 3.2 of the Support Agreement (which incorporates by reference the representations and warranties in Schedule E to the Support Agreement) are true and correct on the date of this Agreement as though made on and as of this date, and
acknowledges that the Seller is relying upon such representations and warranties in connection with the matters contemplated by this Agreement. For purposes of this Section 2.2, any reference to “this Agreement” in the representations
and warranties of the Offeror in Section 3.2 (which incorporates by reference the representations and warranties in Schedule E to the Support Agreement) of the Support Agreement shall be deemed to be a reference to this Agreement. 

ARTICLE 3 

COVENANTS OF THE SELLER 

3.1 General 
 The Seller covenants that
from the date hereof until the earlier of (i) the termination of this Agreement pursuant to Article 5, or (ii) the Offeror having taken up and paid for Miranda Shares (including, for certainty, the Seller’s Securities) under the
Offer, except in accordance with the provisions of this Agreement, the Seller will: 
  

	 	(a)	not, directly or indirectly, through any representatives or agents or, if applicable, its respective officers, directors, employees, (i) solicit, assist, initiate,
encourage, promote or otherwise knowingly facilitate (including by way of furnishing information or entering into any form of written or oral agreement, arrangement or understanding) any inquiries, proposals or offers regarding any Acquisition
Proposal or potential Acquisition Proposal, or (ii) participate or engage in any discussions or negotiations regarding, or provide any information with respect to Miranda or otherwise co-operate in any way with, or assist or participate in,
knowingly encourage or otherwise facilitate, any effort or attempt by any other person to make or complete any Acquisition Proposal; 

  

	 	(b)	immediately cease and cause to be terminated any existing solicitation, assistance, discussion, negotiation or process with or involving any person (other than the
Offeror) that may be ongoing with respect to or which could reasonably be expected to lead to an Acquisition Proposal; 

  

	 	(c)	not grant an option on, sell, transfer, pledge, encumber, grant any Encumbrance on or otherwise convey or enter into any forward sale, repurchase agreement or other
monetization transaction with respect to any of the Seller’s Securities, or any right or interest therein (legal or equitable), to any person or group or agree to do any of the foregoing, except pursuant to the Offer and this Agreement;

  

	 	(d)	not grant or agree to grant any proxy, power of attorney or other right to vote the Seller’s Securities, or enter into any voting agreement, voting trust, vote
pooling or other agreement with respect to the right to vote, call meetings of security holders or give consents or approval of any kind with respect to any of the Seller’s Securities; 

	 	(e)	not acquire or enter into any agreement or option, or any right or privilege (whether pre-emptive, contractual or by Laws) capable of becoming an agreement or option to
acquire any securities of Miranda in addition to the Seller’s Securities; 

  

	 	(f)	not vote or cause to be voted any of the Seller’s Securities in respect of any proposed action by Miranda or the Miranda Shareholders or affiliates or any other
person or group in a manner which might reasonably be regarded as likely to prevent or delay the successful completion of the Offer or any other transaction contemplated by this Agreement; and 

 

	 	(g)	not do indirectly that which it may not do directly in respect of the restrictions on its rights with respect to the Seller’s Securities pursuant to this Article
3. 

 3.2 Acknowledgement 
 The Offeror acknowledges and agrees that the Seller is bound hereunder solely in its capacity as a Shareholder and that the provisions hereof shall not be deemed or interpreted to bind the Seller in the
Seller’s capacity as a director, officer or employee of Miranda. For the avoidance of doubt, nothing in this Agreement shall limit any person from fulfilling his fiduciary duties as a director or officer of Miranda and nothing in this Agreement
shall prevent a Seller who is a member of the Miranda Board or an officer of Miranda from engaging, in such Seller’s capacity as a director or officer of Miranda, in discussions or negotiations with a person in response to any bona fide
Acquisition Proposal that could result in a Superior Proposal in accordance with the provisions of the Support Agreement. 
 3.3 Alternative
Transaction 
 If the Offeror concludes after the date of this Agreement that it is necessary or desirable to proceed with an Alternative
Transaction in accordance with the provisions of the Support Agreement, then the Seller irrevocably covenants to support the completion of such Alternative Transaction, including, if applicable, by voting the Seller’s Securities in favour of
any resolution or resolutions approving such Alternative Transaction. In the event of any proposed Alternative Transaction, the references in this Agreement to the Offer shall be deemed to be changed to “Alternative Transaction” with
necessary modifications and all terms, covenants, representations and warranties of this Agreement (with the adjustments necessary to reflect the Alternative Transaction) shall be and shall be deemed to have been made in the context of the
Alternative Transaction. 

 3.4 Belden Guarantee of Performance of the Offeror 

Belden hereby unconditionally and irrevocably guarantees, and covenants and agrees to be solidarily (jointly and severally) liable with the Offeror, as
principal obligor, for the due and punctual performance of each and every obligation of the Offeror under this Agreement. 

ARTICLE 4 

DEPOSIT AND NON-WITHDRAWAL 

4.1 Deposit 
 The Seller irrevocably and
unconditionally agrees to validly deposit or cause to be validly deposited with the depositary under the Offer, together with all duly completed and executed letters of transmittal (as applicable), all of the Seller’s Securities (other than
Miranda Shares issuable upon the exercise of Options, provided that if the Seller exercises such Options for Miranda Shares, such Miranda Shares shall be deposited in accordance with Section 4.2), not earlier than two business days, but not
later than five business days, after the date of the Offer. In the event the Seller subsequently obtains any additional Miranda Shares, such Miranda Shares shall likewise be deposited, as soon as practicable and in any event prior to the Expiry
Time, under the Offer in accordance with its terms. 
 4.2 Deposit of Options 
 If applicable, the Seller shall exercise Options for Miranda Shares and/or surrender and cancel such Options (as contemplated in the Support Agreement), and the Seller irrevocably and unconditionally
agrees that all such Miranda Shares issuable upon the exercise of such Options shall, within one Business Day of issuance, be validly deposited with the depositary under the Offer, together with all duly completed and executed letters of transmittal
(as applicable), in accordance with Section 4.12 of the Support Agreement. 
 4.3 Non-Withdrawal 

Subject to Section 4.4 and the provisions of this Agreement, the Seller irrevocably and unconditionally agrees that, except with the prior written
consent of the Offeror, neither it nor any person or entity on its behalf will withdraw or take any action to withdraw any of the Seller’s Securities deposited under the Offer notwithstanding any statutory rights or other rights under the terms
of the Offer or otherwise which it may have unless this Agreement is terminated in accordance with its terms prior to the taking up of the Seller’s Securities under the Offer. 
 4.4 Withdrawal of Seller’s Securities 
 The Seller will be permitted to withdraw the
Seller’s Securities deposited under the Offer in order to support or vote in favour of, or tender or deposit the Seller’s Securities to, an Acquisition Proposal if, and only if (a) such Acquisition Proposal is a Superior Proposal,
(b) the Support Agreement has been terminated in accordance with its terms, and (c) Miranda has complied with Sections 4.6 and 4.7 of the Support Agreement. 

 ARTICLE 5 
 TERMINATION OF AGREEMENT 
 5.1 Termination 

This Agreement may be terminated: 
  

	 	(a)	by mutual written consent of the Offeror and the Seller; 

  

	 	(b)	by the Offeror by written notice to the Seller if: 

  

	 	(i)	the Support Agreement is terminated in accordance with its terms; or 

  

	 	(ii)	the Seller is in material breach of any representation, warranty or covenant of the Seller contained in this Agreement; or 

 

	 	(c)	by the Seller upon written notice to Belden and the Offeror if: 

  

	 	(i)	the Offeror does not commence the Offer by the Latest Mailing Time (as such time may be extended, from time to time, in accordance with Article 2 of the Support
Agreement), other than as a result of Miranda’s default or breach of a material covenant or obligation under the Support Agreement; 

  

	 	(ii)	Belden or the Offeror is in material breach of any representation, warranty or covenant of the Offeror contained herein or in the Support Agreement;

  

	 	(iii)	the Seller is permitted to support or vote in favour of, or tender or deposit the Seller’s Securities to, an Acquisition Proposal pursuant to Section 4.4;

  

	 	(iv)	the Seller’s Securities have not been taken up and paid for by the Offeror by the Outside Date; 

 

	 	(v)	Belden and the Offeror impose additional conditions to completion of the Offer or modify or waive a term or condition of the Offer without the prior written consent of
Miranda, unless otherwise permitted by Article 2 of the Support Agreement; 

  

	 	(vi)	Belden determines that it is necessary or desirable to proceed with an Alternative Transaction in accordance with Section 6.2 of the Support Agreement, and the
terms of such transaction are materially adverse to the Seller; or 

  

	 	(vii)	if the Support Agreement is terminated in accordance with its terms, 

 provided that the right of the Seller to terminate this Agreement pursuant to this Section will not be available to the Seller if the failure of Seller to perform any of its obligations under this
Agreement required to be performed by it (or a breach of any of its representations or warranties) has prohibited or delayed the Offeror from taking up and paying for the Miranda Shares prior to the Outside Date. 

 5.2 Effect of Termination 
 If this Agreement is terminated pursuant to Article 5.1, there shall be no liability or further obligation on the part of any party hereto; provided that nothing in this Section 5.2 shall release the
parties to this Agreement of liability for breach of any representation, warranty or covenant of this Agreement occurring prior to the termination hereof. Upon valid termination of this Agreement by the Seller pursuant to Section 5.1(c), Seller
shall be entitled to withdraw any of the Seller’s Securities tendered to the Offer. 
 ARTICLE 6 

GENERAL 
 6.1
Definitions, Gender, Number, and Headings 
 The division of this Agreement into Articles and sections and the insertion of headings are for
convenient reference only and do not affect its interpretation. Any capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Support Agreement. Any reference in this Agreement to gender includes all
genders. Words importing the singular number only include the plural and vice versa. 
 6.2 Disclosure 

The Seller consents to the Offeror disclosing the existence of this Agreement in any press release or other public disclosure document and consents to a
copy of this Agreement being provided to Miranda and being filed on SEDAR on or following the date hereof. The Seller acknowledges and agrees that a summary of this Agreement and the negotiations leading to its execution and delivery will appear in
the Offer Documents, in the Miranda Circular and in any other public disclosure document required by Securities Laws in connection with any Alternative Transaction. 
 6.3 Withholding 
 The Seller acknowledges that Miranda (and Offeror, as applicable) shall
withhold and remit to the relevant Governmental Entity any amounts necessary in compliance with Law and in connection therewith may withhold such number of Miranda Shares otherwise issuable on the exercise and/or surrender and cancellation of
Options, as may be necessary to satisfy Miranda’s withholding obligations under Law. 
 6.4 Further Assurances 

Each of the parties hereto will, from time to time, execute and deliver all such further documents and instruments and do all acts and things as the other
party may reasonably require to effectively carry out or better evidence or perfect the full intent and meaning of this Agreement. 
 6.5
Assignment 
 Except as expressly permitted by the terms hereof, neither this Agreement nor any of the rights, interests or obligations
hereunder shall be assigned by either of the parties without the prior express written consent of the other party. Notwithstanding the foregoing provisions of this 

 Section 6.5, the Offeror may assign all or any part of its rights or obligations under this Agreement
to an affiliate, and the shareholder or shareholders of the Offeror may assign all or part of their shares in the Offeror to affiliates of any of them provided that if such assignment takes place, the Offeror shall continue to be liable to the
Seller for any default in performance by the assignee. 
 6.6 Survival 
 The representations and warranties set forth in this Agreement shall survive for a period of two years following the purchase of the Seller’s Securities. 

6.7 Time 
 Time shall be of the essence
of this Agreement. 
 6.8 Defined Terms 
 Terms used but not defined herein have the meanings ascribed to such terms in the Support Agreement. 
 6.9 Currency 
 All sums of money referred to in this Agreement shall mean Canadian funds.

 6.10 Governing Law 
 This
Agreement shall be governed, including as to validity, interpretation and effect, by the laws of the Province of Québec and the federal laws of Canada applicable therein, and shall be construed and treated in all respects as a Québec
contract. Each of the parties hereby irrevocably attorns to the exclusive jurisdiction of the Courts of the Province of Québec in respect of all matters arising under and in relation to this Agreement and the Offer. 

6.11 Entire Agreement 
 This Agreement,
including the Appendix hereto, constitutes and comprises the entire agreement and understanding between the parties hereto with regard to the subject matter hereof and supersedes all prior agreements and undertakings, both written and oral, between
the parties with respect to the subject matter hereof. The Appendix hereto shall for all purposes form an integral part of this Agreement. The Seller acknowledges having been provided by Miranda, and having reviewed, a copy of the Support Agreement.

 6.12 Amendment 
 This
Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery of a written agreement executed by each of the parties hereto. 
 6.13 Specific Performance and Injunctions 
 The Seller recognizes and acknowledges that this
Agreement is an integral part of the transactions contemplated in the Offer and that the Offeror would not contemplate making the 

 
Offer unless this Agreement was executed, and that a breach by the Seller of any covenants or other commitments or obligations contained in the Agreement will cause the Offeror to sustain injury
for which it would not have an adequate remedy at Law for money damages. Therefore, each of the parties hereto agrees that, in the event of such breach, the Offeror will be entitled to the remedy of specific performance of such obligation and
preliminary and permanent injunctive and other equitable relief in addition to any other remedy to which it may be entitled, at Law or in equity, and the Seller further agrees to waive any requirement for the security or posting of any bond in
connection with the obtaining of any such injunctive or other equitable relief. Such remedies will not be exclusive remedies for any breach of this Agreement but will be in addition to any other remedy to which the Offeror may be entitled at Law or
in equity. 
 6.14 Miranda Shares 
 References to “Miranda Shares” and “Seller’s Securities” include all shares or other securities into which Miranda Shares may be, after the date hereof, converted
into, exchanged for or otherwise changed into pursuant to any liquidation, dissolution, recapitalization, merger, reorganization, amalgamation, amendment to the Miranda’s articles, extraordinary dividend, or other business combination involving
Miranda prior to the Expiry Time, and shall also include any and all dividends of cash, securities or other property paid on such Miranda Shares on or after the date hereof. 
 6.15 Notices 
 Any notice, consent, waiver, direction or other communication required or
permitted to be given under this Agreement by a party shall be in writing and may be given by delivering same or sending same by facsimile or other electronic transmission or by delivery addressed to the party to which the notice is to be given at
its address for service herein. Any notice, consent, waiver, direction or other communication aforesaid shall, if delivered, be deemed to have been given and received on the date on which it was delivered to the address provided herein (if a
business day, if not, then the next succeeding business day, in the place of receipt) and if sent by facsimile or other electronic transmission be deemed to have been given and received at the time of receipt (if a business day, if not, then the
next succeeding business day) unless actually received after 5:00 p.m. (local time in the place of receipt) at the point of receipt in which case it shall be deemed to have been given and received on the next business day. 

The address for service for each of the parties hereto shall be as follows: 

 

	 	(i)	If to Seller, at: 

[Seller’s address] 
 Attention: 
 Telecopier No.: 

	 	(ii)	If to Belden at: 

 Belden Inc.

 7733 Forsyth Blvd., Suite 800 
 St. Louis, MO 63105 
 Attention: Legal Department 

Telecopier No.: 314-854-8001 
 with a copy (which shall not constitute notice) to: 
 McCarthy Tétrault LLP
Suite 5300 
 Toronto Dominion Bank Tower 
 Toronto-Dominion Centre 
 Toronto, Ontario M5K 1E6 

Attention: Jonathan Grant 
 Telecopier No.: 416-868-0673 
  

	 	(iii)	If to the Offeror at: 

 Belden
CDT (Canada) Inc. 
 1 First Canadian Place, 16th Floor 
 100 King Street West 
 Toronto, Ontario M5X 1G5 

Attention: Legal Department 
 Telecopier No.: 314-854-8001 
 with a copy (which shall not constitute notice) to:

 McCarthy Tétrault LLP 
 Suite 5300 
 Toronto Dominion Bank Tower 

Toronto-Dominion Centre 
 Toronto, Ontario M5K 1E6 
 Attention: Jonathan Grant 

Telecopier No.: 416-868-0673 

6.16 Severability 
 If any term or other
provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of Law, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of
the transactions contemplated hereby is not affected in any manner materially adverse to any party hereto. Upon 

 
such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect
the original intent of the parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the fullest extent possible. 
 6.17 Benefit of the Agreement 
 This Agreement shall enure to the benefit of and be binding
upon the respective successors and permitted assigns of the parties hereto. 
 6.18 Expenses 

Each of the parties shall bear their own legal, financial advisory and accounting costs and expenses incurred in connection with the preparation,
execution and delivery of this Agreement. 
 6.19 Counterparts 
 This Agreement may be executed in one or more counterparts which together shall be deemed to constitute one valid and binding agreement, and delivery of the counterparts may be effected by means of
facsimile or email transmission. 
 [Remainder of page intentionally left blank] 

 IN WITNESS WHEREOF the parties hereto have duly executed this Agreement as of the date first written
above. 
  

			
	BELDEN INC.
		
	By:	 	
		 	  

		 	Name:
		 	Title:

  

			
	BELDEN CDT (CANADA) INC.
		
	By:	 	
		 	  

		 	Name:
		 	Title:

							
	 SIGNED, SEALED &DELIVERED

In the presence of:

 
	 		 		 	 
	 Witness
	 		 		 	Name

 APPENDIX A 
 Securities Owned by Seller 
  

					
	Common Shares	 		 	Options

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