Document:

EX-10.1

 Exhibit 10.1 

Execution Version 
 CUSIP:
929159BB6 
 CUSIP: 929159BC4 (Revolver) 
  

 
  

CREDIT AGREEMENT 
 dated
as of September 10, 2020, 
 among 

VULCAN MATERIALS COMPANY, 

as the Borrower, 
 THE LENDERS
FROM TIME TO TIME PARTY HERETO, 
 TRUIST BANK, 

as the Administrative Agent, 
 with

 TRUIST SECURITIES, INC., 

as Left Lead Arranger and Bookrunner, 

and 
 WELLS FARGO SECURITIES,
LLC, 
 as Joint Lead Arranger and Bookrunner, 

and 
 U.S. BANK NATIONAL
ASSOCIATION, 
 as Joint Lead Arranger and Bookrunner and Co-Syndication Agent, 

and 
 REGIONS CAPITAL MARKETS,
INC., A DIVISION OF REGIONS BANK, 
 as Joint Lead Arranger and Bookrunner, 

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

and 
 REGIONS BANK, 

as Co-Syndication Agent, 

and 
 BANK OF AMERICA, N.A.,

 as Documentation Agent 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE 1
	 	 DEFINITIONS, ACCOUNTING PRINCIPLES AND OTHER INTERPRETIVE MATTERS
	  	 	1	 
			
	 Section 1.1
	 	 Definitions
	  	 	1	 
			
	 Section 1.2
	 	 Uniform Commercial Code
	  	 	25	 
			
	 Section 1.3
	 	 Accounting Principles
	  	 	25	 
			
	 Section 1.4
	 	 Other Interpretive Matters
	  	 	25	 
			
	 Section 1.5
	 	 Divisions
	  	 	26	 
			
	 Section 1.6
	 	 LIBOR
	  	 	26	 
			
	 ARTICLE 2
	 	 THE LOANS AND THE LETTERS OF CREDIT
	  	 	26	 
			
	 Section 2.1
	 	 Revolving Loans and Swing Loans
	  	 	26	 
			
	 Section 2.2
	 	 Letters of Credit
	  	 	27	 
			
	 Section 2.3
	 	 Manner of Borrowing and Disbursement of Loans
	  	 	30	 
			
	 Section 2.4
	 	 Interest
	  	 	34	 
			
	 Section 2.5
	 	 Fees
	  	 	35	 
			
	 Section 2.6
	 	 Prepayment/Cancellation of Commitments
	  	 	36	 
			
	 Section 2.7
	 	 Repayment
	  	 	37	 
			
	 Section 2.8
	 	 Notes; Loan Accounts
	  	 	37	 
			
	 Section 2.9
	 	 Manner of Payment
	  	 	37	 
			
	 Section 2.10
	 	 Reimbursement
	  	 	41	 
			
	 Section 2.11
	 	 Pro Rata Treatment
	  	 	42	 
			
	 Section 2.12
	 	 Application of Payments
	  	 	42	 
			
	 Section 2.13
	 	 All Obligations to Constitute One Obligation
	  	 	44	 
			
	 Section 2.14
	 	 Maximum Rate of Interest
	  	 	44	 
			
	 Section 2.15
	 	 Defaulting Lenders
	  	 	44	 
			
	 Section 2.16
	 	 Extension of Maturity Date
	  	 	47	 
			
	 Section 2.17
	 	 Incremental Revolving Loan Commitment
	  	 	48	 
			
	 ARTICLE 3
	 	 [Reserved]
	  	 	50	 
			
	 ARTICLE 4
	 	 CONDITIONS PRECEDENT
	  	 	50	 
			
	 Section 4.1
	 	 Conditions Precedent to Effectiveness
	  	 	50	 
			
	 Section 4.2
	 	 Conditions Precedent to Each Loan and Issuance of a Letter of Credit
	  	 	52	 

  
 -i- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 ARTICLE 5
	 	 REPRESENTATIONS AND WARRANTIES
	  	 	53	 
			
	 Section 5.1
	 	 General Representations and Warranties
	  	 	53	 
			
	 Section 5.2
	 	 Survival of Representations and Warranties, etc
	  	 	57	 
			
	 ARTICLE 6
	 	 INFORMATION AND GENERAL COVENANTS
	  	 	57	 
			
	 Section 6.1
	 	 Quarterly Financial Statements and Information
	  	 	57	 
			
	 Section 6.2
	 	 Annual Financial Statements and Information
	  	 	58	 
			
	 Section 6.3
	 	 Compliance Certificates
	  	 	58	 
			
	 Section 6.4
	 	 Additional Reports
	  	 	58	 
			
	 Section 6.5
	 	 Preservation of Existence and Similar Matters
	  	 	59	 
			
	 Section 6.6
	 	 Compliance with Applicable Law
	  	 	59	 
			
	 Section 6.7
	 	 Maintenance of Properties
	  	 	59	 
			
	 Section 6.8
	 	 Accounting Methods and Financial Records
	  	 	59	 
			
	 Section 6.9
	 	 Insurance
	  	 	60	 
			
	 Section 6.10
	 	 [Reserved]
	  	 	60	 
			
	 Section 6.11
	 	 Payment of Taxes and Claims
	  	 	60	 
			
	 Section 6.12
	 	 Visits and Inspections
	  	 	60	 
			
	 Section 6.13
	 	 Further Assurances
	  	 	60	 
			
	 Section 6.14
	 	 Indemnity; Limitation on Damages
	  	 	60	 
			
	 Section 6.15
	 	 Environmental Matters
	  	 	61	 
			
	 Section 6.16
	 	 Anti-Corruption Laws; Sanctions
	  	 	62	 
			
	 ARTICLE 7
	 	 NEGATIVE COVENANTS
	  	 	62	 
			
	 Section 7.1
	 	 Liens
	  	 	62	 
			
	 Section 7.2
	 	 Investments
	  	 	62	 
			
	 Section 7.3
	 	 Affiliate Transactions
	  	 	63	 
			
	 Section 7.4
	 	 Mergers and Consolidations; Sale of Substantially all Assets; Conduct of Business;
Acquisitions
	  	 	63	 
			
	 Section 7.5
	 	 Amendment and Waiver
	  	 	63	 
			
	 Section 7.6
	 	 Restrictive Agreements
	  	 	63	 
			
	 Section 7.7
	 	 Use of Proceeds
	  	 	64	 
			
	 Section 7.8
	 	 Accounting Changes
	  	 	64	 

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 Section 7.9
	 	 Government Regulation
	  	 	64	 
			
	 Section 7.10
	 	 Financial Covenant
	  	 	64	 
			
	 Section 7.11
	 	 Priority Indebtedness
	  	 	64	 
			
	 ARTICLE 8
	 	 DEFAULT
	  	 	65	 
			
	 Section 8.1
	 	 Events of Default
	  	 	65	 
			
	 Section 8.2
	 	 Remedies
	  	 	66	 
			
	 ARTICLE 9
	 	 THE ADMINISTRATIVE AGENT
	  	 	67	 
			
	 Section 9.1
	 	 Appointment of the Administrative Agent
	  	 	67	 
			
	 Section 9.2
	 	 Nature of Duties of the Administrative Agent
	  	 	68	 
			
	 Section 9.3
	 	 Lack of Reliance on the Administrative Agent
	  	 	68	 
			
	 Section 9.4
	 	 Certain Rights of the Administrative Agent
	  	 	69	 
			
	 Section 9.5
	 	 Reliance by the Administrative Agent
	  	 	69	 
			
	 Section 9.6
	 	 The Administrative Agent in its Individual Capacity
	  	 	69	 
			
	 Section 9.7
	 	 Successor Administrative Agent
	  	 	69	 
			
	 Section 9.8
	 	 Withholding Tax
	  	 	70	 
			
	 Section 9.9
	 	 The Administrative Agent May File Proofs of Claim
	  	 	70	 
			
	 Section 9.10
	 	 Indemnification
	  	 	71	 
			
	 Section 9.11
	 	 Authorization to Execute Other Loan Documents
	  	 	71	 
			
	 Section 9.12
	 	 [Reserved]
	  	 	71	 
			
	 Section 9.13
	 	 Syndication Agents
	  	 	71	 
			
	 Section 9.14
	 	 [Reserved]
	  	 	71	 
			
	 Section 9.15
	 	 Bank Products Obligations
	  	 	71	 
			
	 ARTICLE 10
	 	 MISCELLANEOUS
	  	 	72	 
			
	 Section 10.1
	 	 Notices
	  	 	72	 
			
	 Section 10.2
	 	 Expenses
	  	 	74	 
			
	 Section 10.3
	 	 Waivers
	  	 	74	 
			
	 Section 10.4
	 	 Set-Off
	  	 	75	 
			
	 Section 10.5
	 	 Assignment
	  	 	75	 
			
	 Section 10.6
	 	 Counterparts
	  	 	78	 
			
	 Section 10.7
	 	 Under Seal; Governing Law
	  	 	78	 

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
	 Section 10.8
	 	 Severability
	  	 	78	 
			
	 Section 10.9
	 	 Headings
	  	 	78	 
			
	 Section 10.10
	 	 Source of Funds
	  	 	78	 
			
	 Section 10.11
	 	 Entire Agreement
	  	 	78	 
			
	 Section 10.12
	 	 Amendments and Waivers
	  	 	78	 
			
	 Section 10.13
	 	 Other Relationships
	  	 	80	 
			
	 Section 10.14
	 	 Pronouns
	  	 	80	 
			
	 Section 10.15
	 	 Disclosure
	  	 	80	 
			
	 Section 10.16
	 	 Replacement of Lender
	  	 	80	 
			
	 Section 10.17
	 	 Confidentiality; Material Non-Public
Information
	  	 	81	 
			
	 Section 10.18
	 	 Revival and Reinstatement of Obligations
	  	 	81	 
			
	 Section 10.19
	 	 Contribution Obligations
	  	 	82	 
			
	 Section 10.20
	 	 No Advisory or Fiduciary Responsibility
	  	 	82	 
			
	 Section 10.21
	 	 Qualified ECP Keepwell
	  	 	83	 
			
	 Section 10.22
	 	 Patriot Act
	  	 	83	 
			
	 Section 10.23
	 	 Acknowledgement and Consent to Bail-In of Affected
Financial Institutions
	  	 	83	 
			
	 ARTICLE 11
	 	 YIELD PROTECTION
	  	 	84	 
			
	 Section 11.1
	 	 Inability to Determine Interest Rates
	  	 	84	 
			
	 Section 11.2
	 	 Illegality
	  	 	85	 
			
	 Section 11.3
	 	 Increased Costs
	  	 	85	 
			
	 Section 11.4
	 	 Effect On Other Loans
	  	 	87	 
			
	 Section 11.5
	 	 Capital Adequacy
	  	 	87	 
			
	 ARTICLE 12
	 	 JURISDICTION, VENUE AND WAIVER OF JURY TRIAL
	  	 	87	 
			
	 Section 12.1
	 	 Jurisdiction and Service of Process
	  	 	87	 
			
	 Section 12.2
	 	 Consent to Venue
	  	 	88	 
			
	 Section 12.3
	 	 Waiver of Jury Trial
	  	 	88	 
			
	 Section 12.4
	 	 Flood Provisions
	  	 	88	 
			
	 Section 12.5
	 	 Acknowledgement Regarding Any Supported QFCs
	  	 	89	 
			
	 Section 12.6
	 	 Electronic Signatures
	  	 	90	 
			
	 Section 12.7
	 	 Certain ERISA Matters
	  	 	90	 

  
 -iv- 

 TABLE OF CONTENTS 

(continued) 
  

					
	 EXHIBITS

			
	 Exhibit A
	 	-	  	 Form of Administrative Questionnaire

	 Exhibit B
	 	-	  	 Form of Assignment and Acceptance

	 Exhibit C
	 	-	  	 Form of Compliance Certificate

	 Exhibit D
	 	-	  	 Form of Notice of Conversion/Continuation

	 Exhibit E
	 	-	  	 Form of Request for Loan

	 Exhibit F
	 	-	  	 Form of Request for Letter of Credit

	 Exhibit G
	 	-	  	 Form of Revolving Loan Note

  
 -v- 

 TABLE OF CONTENTS 

(continued) 
  

			
	 SCHEDULES

		
	 Annex I
	  	 Pricing Grid

	 Schedule 1.1(a)
	  	 Commitment Percentages

	 Schedule 1.1(b)
	  	 Permitted Liens

	 Schedule 1.1(c)
	  	 Existing Letters of Credit

	 Schedule 5.1(c)
	  	 Subsidiaries

	 Schedule 5.1(l)
	  	 ERISA

	 Schedule 5.1(t)
	  	 Environmental Matters

	 Schedule 7.2
	  	 Permitted Investments

  
 -vi- 

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT (this “Agreement”) dated as of September 10, 2020, is by and among VULCAN MATERIALS COMPANY, a New
Jersey corporation (the “Borrower”), the financial institutions party hereto from time to time as Lenders, TRUIST BANK, as an Issuing Bank, and TRUIST BANK, as the Administrative Agent, with TRUIST SECURITIES, INC., as Left Lead
Arranger and Bookrunner, WELLS FARGO SECURITIES, LLC, as a Joint Lead Arranger and Bookrunner, U.S. BANK NATIONAL ASSOCIATION, as a Joint Lead Arranger and Bookrunner and a Co-Syndication Agent, REGIONS
CAPITAL MARKETS, A DIVISION OF REGIONS BANK, as a Joint Lead Arranger and Bookrunner, WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Co-Syndication Agent, REGIONS BANK, as a
Co-Syndication Agent, and BANK OF AMERICA, N.A., as a Documentation Agent. 
 W I T N E S S E T H:

 WHEREAS, the Borrower has requested that the Administrative Agent, the Issuing Bank and the Lenders make available to it the
Commitments, Loans, and other financial accommodations set forth herein on the terms and conditions set forth herein; and  

WHEREAS, the Administrative Agent, the Issuing Bank and the Lenders are willing to make the requested Commitments, Loans and other financial
accommodations available to the Borrower upon the terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the premises
and the covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

ARTICLE 1 
 DEFINITIONS,
ACCOUNTING PRINCIPLES AND 
 OTHER INTERPRETIVE MATTERS 

Section 1.1    Definitions. For the purposes of this Agreement: 

“364-Day Credit Agreement” shall mean that certain
364-Day Credit Agreement dated as of April 10, 2020, by and among the Borrower, each of the Persons party thereto as guarantors, the lenders from time to time party thereto, Truist Bank, as administrative
agent, and the other parties thereto, as amended, restated, replaced, supplemented, or otherwise modified from time to time. 
 “364-Day Loan Documents” shall mean the “Loan Documents” as defined in the 364-Day Credit Agreement. 

“2007 Indenture” shall mean that certain Senior Debt Indenture dated as of December 11, 2007, by and among the Borrower
and Wilmington Trust Company, a corporation duly organized and existing under the laws of the State of Delaware, as initial trustee (succeeded by Regions Bank, an Alabama banking corporation), supplemented by that certain First Supplemental
Indenture, dated as of December 11, 2007, that certain Second Supplemental Indenture, dated as of June 20, 2008, that certain Third Supplemental Indenture dated as of February 3, 2009, that certain Fourth Supplemental Indenture dated
as of June 14, 2011, that certain Fifth Supplemental Indenture dated as of March 30, 2015, that certain Sixth Supplemental Indenture dated as of March 14, 2017, that certain Seventh Supplemental Indenture dated as of June 15,
2017, that certain Eighth Supplemental Indenture dated as of February 23, 2018, and that certain Ninth Supplemental Indenture dated as of May 18, 2020. 

 “Account Debtor” shall mean any Person who is obligated to make payments in
respect of an Account. 
 “Accounts” shall mean all “accounts,” as such term is defined in the UCC, of each
Credit Party whether now existing or hereafter created or arising. 
 “Acquisition Consideration” shall mean the total
consideration paid or payable (including, without limitation, any earn-out obligations and all Indebtedness assumed) with respect to an Acquisition. 

“Acquisition” shall mean (whether by purchase, exchange, merger or any other method) any acquisition of (a) any other
Person, which Person shall then become consolidated with the Borrower or any Subsidiary of the Borrower, (b) all or substantially all of the assets of any other Person, or (c) assets that constitute a division or operating unit of any
Person. 
 “Administrative Agent” shall mean Truist Bank, acting as administrative agent for the Lender Group, and any
successor Administrative Agent appointed pursuant to Section 9.7. 
 “Administrative Agent Indemnified Person” shall
have the meaning specified in Section 9.10. 
 “Administrative Agent’s Office” shall mean the office of the
Administrative Agent located at 303 Peachtree Street, 23rd Floor, Atlanta, Georgia 30308, Attention: Portfolio Manager, or such other office as may be designated by the Administrative Agent
pursuant to the provisions of Section 10.1. 
 “Administrative Questionnaire” shall mean a questionnaire substantially
in the form of Exhibit A. 
 “Affected Financial Institution” shall mean (a) any EEA
Financial Institution or (b) any UK Financial Institution. 
 “Affiliate” shall mean, with respect 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, or that is a director, officer, manager or partner of such Person. For purposes of this definition, “control”, when
used with respect to any Person, includes, without limitation, the direct or indirect beneficial ownership of ten percent (10%) or more of the outstanding Equity Interests of such Person or the power to direct or cause the direction of the
management and policies of such Person whether by contract or otherwise. 
 “Aggregate Revolving Credit Obligations” shall
mean, as of any particular time, the sum of (a) all Revolving Loans, (b) all Swing Loans, and (c) all Letter of Credit Obligations. 

“Aggregates” shall mean all stone, sand, gravel, limestone and similar minerals. 

“Agreement” shall mean this Credit Agreement, together with all Exhibits and Schedules hereto in each case, as amended,
restated, supplemented, or otherwise modified from time to time. 
 “Anti-Corruption Laws” shall mean all laws, rules, and
regulations of any jurisdiction applicable to any Credit Party and/or any Subsidiary of a Credit Party from time to time concerning or relating to bribery or corruption. 

  
 2 

 “Applicable Law” shall mean, in respect of any Person, all provisions of
constitutions, statutes, rules, regulations, and orders of Governmental Authorities applicable, whether by law or by virtue of contract, to such Person, and all orders and decrees of all courts and arbitrators in proceedings or actions to which the
Person in question is a party or by which it is bound. 
 “Applicable Margin” shall mean, with respect to Base Rate Loans,
Eurodollar Loans and the Commitment Fee, the percentages designated in the “Pricing Grid” attached hereto as Annex I, based on the Borrower’s Ratings. 

The Applicable Margin shall be based on the higher of the two highest Ratings so long as such two Ratings are within one level of each other;
if such two Ratings differ by more than one level, the Applicable Margin shall be based on the Rating that is one level lower than the highest Rating. If only one Rating Agency is providing a Rating, the Applicable Margin shall be determined by such
Rating. Each change in the Applicable Margin resulting from a change in any Rating shall be effective as of the second Business Day following the date on which it is first announced by the applicable Rating Agency. 

If (i) all of the Rating Agencies shall cease to be in the business of rating corporate debt obligations or (ii) the Administrative
Agent or the Borrower reasonably requests due to a material change in the rating system of a Rating Agency that is then providing a Rating, the Borrower, the Administrative Agent and the Lenders shall negotiate in good faith to amend this definition
and, pending the effectiveness of any such amendment, the Applicable Margin shall be determined by reference to the Rating(s) most recently in effect prior to such cessation or change. 

“Approved Fund” shall mean any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender
or (c) an entity that administers or manages a Lender. 
 “Assignment and Acceptance” shall mean an Assignment and
Acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit B, or any other form approved by the Administrative Agent. 

“Authorized Signatory” shall mean, with respect to any Credit Party, such senior personnel of such Credit Party as may be
duly authorized and designated in writing to the Administrative Agent by such Credit Party to execute documents, agreements, and instruments on behalf of such Credit Party. 

“Availability Period” means the period from the Closing Date through the earliest of (a) the Maturity Date and
(b) the date of expiration or termination of the Revolving Loan Commitments. 

“Bail-In Action” shall mean the exercise of any Write-Down and Conversion Powers by
the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. 
 “Bail-In Legislation” shall mean, (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the
implementing law, regulation or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, Part I of
the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or
their affiliates (other than through liquidation, administration or other insolvency proceedings). 
 “Bank Products” shall
mean all banking, financial, and other similar or related products and services extended to any Credit Party by any Bank Products Provider (other than Revolving Loans, Swing 

  
 3 

 
Loans and Letters of Credit), including, without limitation, (a) merchant card services, credit or stored value cards, debit cards, and corporate purchasing cards; (b) cash management
services and treasury management services, including, without limitation, remote deposit, electronic funds transfer, e-payable, stop payment, account reconciliation, lockbox, depository and checking, overdraft
and related liabilities, information reporting, deposit accounts, securities accounts, controlled disbursement, and wire transfer; (c) bankers’ acceptances, drafts, letters of credit and foreign currency exchange; and (d) Hedge
Transactions. 
 “Bank Products Documents” shall mean all instruments, agreements and other documents entered into from
time to time by the Credit Parties in connection with any of the Bank Products. 
 “Bank Products Obligations” shall mean
all obligations, fees, or expenses owing by any Credit Party to any Bank Products Provider pursuant to or evidenced by a Bank Products Document and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent,
due or to become due, now existing or hereafter arising. 
 “Bank Products Provider” shall mean any Person that, at the
time it provides any Bank Products to any Credit Party, is a Lender or an Affiliate of a Lender. In no event shall any Bank Products Provider acting in such capacity be deemed a Lender to the extent of and as to Bank Products except that each
reference to the term “Lender” in Article 9 shall be deemed to include such Bank Products Provider. 
 “Bankruptcy
Code” shall mean the United States Bankruptcy Code (11 U.S.C. § 101 et seq.), as now or hereafter amended, and any successor statute. 

“Base Rate” shall mean the highest rate, determined on a daily basis (any changes in such rates to be effective as of the
date of such changes) of (a) the Administrative Agent’s per annum “prime lending rate”, (b) the Federal Funds Rate plus one-half of one percent (0.50%) per annum and (c) the Eurodollar
Rate for a Eurodollar Loan Period of one (1) month (or if such day is not a Business Day, the immediately preceding Business Day) plus one percent (1.00%) per annum; provided that if the Eurodollar Rate is unavailable and Base Rate
determined in accordance with the foregoing would otherwise be less than zero percent (0.00%), such rate shall be deemed to be zero percent (0.00%) for purposes of this Agreement. The Administrative Agent’s “prime lending rate” is a
reference rate and does not necessarily represent the lowest or best rate actually charged to any customer. The Administrative Agent may make loans at rates of interest at, above, or below the Administrative Agent’s “prime lending
rate”. Each change in the Administrative Agent’s “prime lending rate” shall be effective from and including the date such change is publicly announced as being effective. 

“Base Rate Loan” shall mean a Loan that bears interest determined by reference to the Base Rate. 

“Benchmark Replacement” means the sum of: (a) the alternate benchmark rate (which may include Term SOFR)
that has been selected by the Administrative Agent and the Borrower giving due consideration to (i) any selection or recommendation of a replacement rate or the mechanism for determining such a rate by the Relevant Governmental Body or
(ii) any evolving or then-prevailing market convention for determining a rate of interest as a replacement to the Screen Rate for U.S. dollar-denominated syndicated credit facilities and (b) the Benchmark Replacement Adjustment;
provided that, if the Benchmark Replacement as so determined would be less than zero, the Benchmark Replacement will be deemed to be zero for the purposes of this Agreement. 

“Benchmark Replacement Adjustment” means, with respect to any replacement of the Screen Rate with an Unadjusted Benchmark
Replacement for each applicable Eurodollar Loan Period, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative Agent
and the Borrower giving due 

  
 4 

 
consideration to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of the Screen Rate with the
applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body or (ii) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for
the replacement of the Screen Rate with the applicable Unadjusted Benchmark Replacement for U.S. dollar-denominated syndicated credit facilities at such time. 

“Benchmark Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical, administrative or
operational changes (including changes to the definition of “Base Rate,” the definition of “Eurodollar Loan Period,” timing and frequency of determining rates and making payments of interest and other administrative matters) that
the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market
practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of the Benchmark
Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement). 

“Benchmark Replacement Date” means the earlier to occur of the following events with respect to the Screen Rate: 

 

	 	(1)	 in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of
(a) the date of the public statement or publication of information referenced therein and (b) the date on which the administrator of the Screen Rate permanently or indefinitely ceases to provide the Screen Rate; or 

 

	 	(2)	 in the case of clause (3) of the definition of “Benchmark Transition Event,” the date of the
public statement or publication of information referenced therein. 

 “Benchmark Transition Event” means
the occurrence of one or more of the following events with respect to the Screen Rate: 
  

	 	(1)	 a public statement or publication of information by or on behalf of the administrator of the Screen Rate
announcing that such administrator has ceased or will cease to provide the Screen Rate, permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide the
Screen Rate; 

  

	 	(2)	 a public statement or publication of information by the regulatory supervisor for the administrator of the
Screen Rate, the U.S. Federal Reserve System, an insolvency official with jurisdiction over the administrator for the Screen Rate, a resolution authority with jurisdiction over the administrator for the Screen Rate, or a court or an entity with
similar insolvency or resolution authority over the administrator for the Screen Rate, which states that the administrator of the Screen Rate has ceased or will cease to provide the Screen Rate permanently or indefinitely, provided that, at the time
of such statement or publication, there is no successor administrator that will continue to provide the Screen Rate; or 

  
 5 

	 	(3)	 a public statement or publication of information by the regulatory supervisor for the administrator of the
Screen Rate announcing that the Screen Rate is no longer representative. 

 “Benchmark Transition Start
Date” means (a) in the case of a Benchmark Transition Event, the earlier of (i) the applicable Benchmark Replacement Date and (ii) if such Benchmark Transition Event is a public statement or publication of information of a
prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date
of such statement or publication) and (b) in the case of an Early Opt-in Election, the date specified by the Administrative Agent or the Required Lenders, as applicable, by notice to the Borrower, the
Administrative Agent (in the case of such notice by the Required Lenders) and the Lenders. 
 “Benchmark Unavailability
Period” means, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect to the Screen Rate and solely to the extent that the Screen Rate has not been replaced with a Benchmark Replacement, the
period (x) beginning at the time that such Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the Screen Rate for all purposes hereunder in accordance with Section 11.1(b)-(e) and
(y) ending at the time that a Benchmark Replacement has replaced the Screen Rate for all purposes hereunder pursuant to Section 11.1(b)-(e). 

“Benefit Plan” means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of
ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of
the Code) the assets of any such “employee benefit plan” or “plan”. 
 “Borrower” shall have the
meaning specified in the preamble. 
 “Business Day” shall mean any day excluding Saturday, Sunday and any day which is a
legal holiday under the laws of the State of North Carolina or the State of New York or is a day on which banking institutions located in such state are closed; provided, however, that when used with reference to a Eurodollar Loan
(including the making, continuing, prepaying or repaying of any Eurodollar Loan), the term “Business Day” shall also exclude any day in which banks are not open for dealings in deposits of Dollars on the London interbank market.

 “Cash Collateralize” shall mean, in respect of any obligations, to provide and pledge (as a first priority perfected
security interest) cash collateral for such obligations in Dollars, with the Administrative Agent pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent (and “Cash Collateralization” has
a corresponding meaning). 
 “Cash Equivalents” shall mean short-term investments made in conformity with the
Borrower’s investment policies delivered to the Administrative Agent on or prior to the Closing Date, with such changes thereto as the board of directors of the Borrower (or any designee to whom such approval right may have been delegated by
such board of directors) may approve from time to time. 
 “Change in Control” shall mean the occurrence of one or more of
the following events: (a) any “person” or “group” (within the meaning of Sections 13(d) and 14(d) of the SEA), becomes the beneficial owner (as defined in Rule 13d-3 under the SEA),
directly or indirectly, of 30%, or more, of the Equity Interests of the Borrower having the right to vote for the election of members of the board of directors of the Borrower; (b) as of any date a majority of the board of directors of the
Borrower consists (other than vacant seats) of individuals who were not either (i) directors of the Borrower as of the Closing Date, (ii) 

  
 6 

 
selected, nominated or approved to become directors by the board of directors of the Borrower of which a majority consisted of individuals described in clause (i), or (iii) selected or
nominated to become directors by the board of directors of the Borrower of which a majority consisted of individuals described in clause (i) and individuals described in clause (ii), or (c) any “change of control” occurs under
any document evidencing any Indebtedness of any Credit Party with an outstanding principal amount in excess of $100,000,000, other than any “change of control” resulting from any “dead hand proxy put” provision. 

“Change in Law” shall mean the occurrence, after the Closing Date or, in the case of an assignee of a Lender or a Person that
becomes a Lender pursuant to Section 2.16 or 2.17 (a “New Lender”), after the date on which such assignee or New Lender becomes a party to this Agreement and, in the case of a Participant, after the date on which it acquires
its participation, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by
any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary,
to the extent not prohibited by Applicable Law, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules,
guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel
III, shall in each case be deemed to be a “Change in Law,” regardless of the date enacted, adopted or issued. 
 “Closing
Date” shall mean September 10, 2020. 
 “Code” shall mean the Internal Revenue Code of 1986, as amended from
time to time. 
 “Commercial Letter of Credit” shall mean a documentary Letter of Credit issued by the Issuing Bank in
respect of the purchase of goods or services by the Borrower or a Subsidiary in the ordinary course of its business. 
 “Commitment
Fee” shall have the meaning specified in Section 2.5(b). 
 “Commitments” shall mean the Revolving Loan
Commitment, which includes the Letter of Credit Commitment. 
 “Commodity Exchange Act” shall mean the Commodity Exchange
Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. 
 “Compliance Certificate” shall
mean a certificate executed by a Financial Officer of the Borrower as required by Section 6.3 substantially in the form of Exhibit C. 

“Consolidated Net Tangible Assets” shall mean, with respect to the Borrower and its Subsidiaries on a consolidated basis as
of the last day of the most recent fiscal quarter for which financial statements have been delivered pursuant to Section 6.1 or 6.2, (a) the book value of all assets minus (b) (i) the book value of all goodwill, trade names,
trademarks, patents, unamortized debt discount and expense and other like intangibles and (ii) all current liabilities. 

“Credit Parties” shall mean, collectively, (a) the Borrower and (b) any Subsidiary that becomes a Credit Party as
contemplated by Section 7.11; and “Credit Party” shall mean any one of the Credit Parties. 

  
 7 

 “Date of Issue” shall mean the date on which the Issuing Bank issues a
Letter of Credit pursuant to Section 2.2 and, subject to the terms of Section 2.2(a), the date on which any such Letter of Credit is renewed. 

“Declining Lender” shall have the meaning set forth in Section 2.16(a). 

“Default” shall mean an event, condition or default which, with the giving of notice, the passage of time or both would
become an Event of Default. 
 “Default Rate” shall mean a simple per annum interest rate equal to, with respect to all
outstanding Obligations, the sum of (a) the applicable Interest Rate Basis, if any, with respect to the applicable Obligation, plus (b) the Applicable Margin for such Interest Rate Basis, plus (c) two percent (2.00%); provided,
however, that (i) as to any Eurodollar Loan outstanding on the date that the Default Rate becomes applicable, the Default Rate shall be based on the then applicable Eurodollar Basis until the end of the current Eurodollar Loan Period and
thereafter the Default Rate shall be based on the Base Rate as in effect from time to time, and (ii) as to any Base Rate Loan outstanding on the date that the Default Rate becomes applicable, the Default Rate shall be based on the Base Rate as
in effect from time to time. 
 “Defaulting Lender” shall mean, subject to Section 2.15, any Lender that (a) has
failed to (i) fund all or any portion of the Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower in writing that such failure
is the result of such Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied,
or (ii) pay to the Administrative Agent, the Issuing Bank, the Swing Bank or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit and Swing Loans) within two
(2) Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent or the Issuing Bank or Swing Bank in writing that it does not intend to comply with its funding obligations hereunder, or has made a public
statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding
(which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by the
Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender
pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has, at any time after the Closing Date, (i) become the
subject of a proceeding under the Bankruptcy Code or any other bankruptcy law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with
reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-In Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof
by a governmental entity so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or
permit such Lender (or such governmental entity) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Administrative Agent and the Borrower that a Lender is a Defaulting Lender under
clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.15) upon delivery by the Administrative Agent of written notice of such
determination to the Borrower, the Issuing Bank, the Swing Bank and each Lender. 

  
 8 

 “Disqualified Equity Interests” shall mean, with respect to any Person, any
Equity Interest that by its terms (or by the terms of any other Equity Interest into which it is convertible or exchangeable) or otherwise (a) matures (other than as a result of a voluntary redemption or repurchase by the issuer of such Equity
Interest) or is subject to mandatory redemption or repurchase (other than solely for Equity Interests that are not Disqualified Equity Interests) pursuant to a sinking fund obligation or otherwise, including at the option of the holder thereof
(except as a result of a change of control or asset sale so long as any rights of the holder thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior payment in full of the Obligations (other than any
Obligations which expressly survive termination) and termination of the Commitments); or (b) is convertible into or exchangeable or exercisable for Indebtedness or any Disqualified Equity Interest at the option of the holder thereof, in each
case specified in (a) or (b) above on or prior to the date that is one hundred twenty (120) days after the Maturity Date; or (c) provides for mandatory payments of dividends to be made in cash. 

“Dollars” or “$” shall mean the lawful currency of the United States of America. 

“Domestic Subsidiary” shall mean any direct or indirect Subsidiary that is organized and existing under the laws of the US or
any state or commonwealth thereof or under the laws of the District of Columbia. 
 “Early
Opt-in Election” means the occurrence of: 
  

	 	(1)	 (i) a determination by the Administrative Agent or (ii) a notification by the Required Lenders to the
Administrative Agent (with a copy to the Borrower) that the Required Lenders have determined that U.S. dollar-denominated syndicated credit facilities being executed at such time, or that include language similar to that contained in
Section 11.1(b)-(e) are being executed or amended, as applicable, to incorporate or adopt a new benchmark interest rate to replace the Screen Rate, and 

  

	 	(2)	 (i) the election by the Administrative Agent or (ii) the election by the Required Lenders to declare that
an Early Opt-in Election has occurred and the provision, as applicable, by the Administrative Agent of written notice of such election to the Borrower and the Lenders or by the Required Lenders of written
notice of such election to the Administrative Agent. 

 “EBITDA” shall mean, as determined for any period
on a consolidated basis for the Borrower and its Subsidiaries, an amount equal to the sum of (a) net income plus (b) to the extent deducted in determining net income, and without duplication, the sum of (i) any non-recurring losses/charges (including, without limitation, those related to the modification or extinguishment of debt), (ii) Interest Expense and non-cash interest expense,
(iii) income tax expense (but not benefit), and (iv) depreciation, depletion, accretion and amortization expense minus (c) to the extent added in determining net income, (i) any
non-recurring gains and (ii) income tax benefit. 
 Notwithstanding the foregoing,
(a) EBITDA shall exclude any equity interest in the losses or unremitted earnings of any person that is not a Subsidiary, and (b) the maximum amount of non-recurring cash losses and/or charges that
may be added to EBITDA shall not exceed ten percent (10%) of EBITDA (determined without giving effect to the addition of any non-recurring cash losses/charges in the calculation thereof). 

“EEA Financial Institution” shall mean (a) any credit institution or investment firm established in any EEA Member
Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of

  
 9 

 
this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is
subject to consolidated supervision with its parent. 
 “EEA Member Country” shall mean any of the member states of the
European Union, Iceland, Liechtenstein, and Norway. 
 “EEA Resolution Authority” shall mean any public administrative
authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“Eligible Assignee” shall mean (a) a Lender; (b) an Affiliate of a Lender; (c) an Approved Fund; or
(d) any other Person approved by (i) the Administrative Agent, (ii) with respect to any proposed assignee of all or any portion of the Revolving Loan Commitments, the Issuing Bank and (iii) unless an Event of Default exists, the
Borrower, such approvals not to be unreasonably withheld or delayed; provided, however, that if the consent of the Borrower is required hereunder (including a consent to an assignment which does not meet the minimum assignment
thresholds specified in Section 10.5(b)), the Borrower shall be deemed to have given its consent five (5) Business Days after the date notice thereof has been delivered by the assigning Lender (through the Administrative Agent) unless such
consent is expressly refused by the Borrower prior to such fifth Business Day; provided, further, that in no event shall an “Eligible Assignee” include (A) any of the Credit Parties, any of their Subsidiaries or any of their
Affiliates, (B) any Defaulting Lender, or (C) a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural Person). 

“Environmental Laws” shall mean, collectively, any and all applicable Federal, state, local or municipal laws, rules, orders,
regulations, statutes, ordinances, codes, decrees or requirements of any Governmental Authority regulating, relating to or imposing liability or standards of conduct or requirements concerning environmental protection matters, including without
limitation, Hazardous Materials and their effects on human health, as now or may at any time during the term of this Agreement be in effect, including, without limitation, the Clean Air Act, 42 U.S.C. Section 7401 et seq.; the Clean Water Act,
33 U.S.C. Section 1251 et seq. and the Water Quality Act of 1987; the Federal Insecticide, Fungicide, and Rodenticide Act, 7 U.S.C. Section 136 et seq.; the Marine Protection, Research and Sanctuaries Act, 33 U.S.C. Section 1401 et
seq.; the National Environmental Policy Act, 42 U.S.C. Section 4321 et seq.; the Noise Control Act, 42 U.S.C. Section 4901 et seq.; those portions of the Occupational Safety and Health Act, 29 U.S.C. Section 651 et seq. concerning
Hazardous Materials exposure; the Resource Conservation and Recovery Act, 42 U.S.C. Section 6901 et seq., as amended by the Hazardous and Solid Waste Amendments of 1984; the Safe Drinking Water Act, 42 U.S.C. Section 300f et seq.; the
Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Section 9601 et seq., as amended by the Superfund Amendments and Reauthorization Act, the Emergency Planning and Community Right to Know Act (“CERCLA”),
the Hazardous Materials Transportation Act, 49 U.S.C. Section 5101 et seq., and Radon Gas and Indoor Air Quality Research Act; the Toxic Substances Control Act, 15 U.S.C. Section 2601 et seq.; the Atomic Energy Act, 42 U.S.C.
Section 2011 et seq., and the Nuclear Waste Policy Act of 1982, 42 U.S.C. Section 10101 et seq. 
 “Environmental or
Mining Permit” shall mean any permit, license, approval, consent or other authorization by or from a Governmental Authority required for surface or subsurface mining, quarrying, dredging, drilling and similar or related operations and
activities, or reclamation or otherwise required under Environmental Laws or Mining Laws. 
 “Equity Interests” shall mean,
as applied to any Person, any capital stock, membership interests, partnership interests or other equity interests of such Person, regardless of class or designation, and all warrants, options, purchase rights, conversion or exchange rights, voting
rights, calls or claims of any character (including, without limitation, “put” rights) with respect thereto. 

  
 10 

 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
in effect on the Closing Date and as such Act may be amended thereafter from time to time. 
 “ERISA Affiliate” shall mean,
with respect to any Credit Party, any trade or business (whether or not incorporated) that together with such Credit Party, are treated as a single employer under Section 414 of the Code. 

“ERISA Event” shall mean, with respect to any Credit Party or any ERISA Affiliate, (i) the imposition of a Lien by the
PBGC under Section 4068 of ERISA against any Credit Party or any ERISA Affiliate; (ii) the failure of any Credit Party or any ERISA Affiliate to pay when due any amount which it shall have become liable to pay to the PBGC, to a Title IV
Plan under Title IV of ERISA or to a Multiemployer Plan; (iii) the filing of a notice of intent to terminate a Title IV Plan or a Multiemployer Plan under Sections 4041 or 4041A of ERISA; or (iv) the occurrence of an event or condition
which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Title IV Plan or Multiemployer Plan. 

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

“Eurodollar Basis” shall mean, with respect to each Eurodollar Loan Period, a simple per annum interest rate equal to the
quotient of (a) the Eurodollar Rate divided by (b) one (1) minus the Eurodollar Reserve Percentage, stated as a decimal. The Eurodollar Basis shall remain unchanged during the applicable Eurodollar Loan Period, except for changes to
reflect adjustments in the Eurodollar Reserve Percentage. 
 “Eurodollar Loan” shall mean a Loan that bears interest
determined by reference to the Eurodollar Rate (other than pursuant to clause (c) of the definition of “Base Rate”). 

“Eurodollar Loan Period” shall mean, for each Eurodollar Loan, each one (1), two (2), three (3), six (6) month period,
or to the extent agreed by each Lender of such Eurodollar Loan, nine (9) or twelve (12) month period, as selected by the Borrower pursuant to Section 2.3, during which the applicable Eurodollar Rate (but not the Applicable Margin)
shall remain unchanged. Notwithstanding the foregoing, however, (a) any applicable Eurodollar Loan Period which would otherwise end on a day which is not a Business Day shall be extended to the next succeeding Business Day, unless such Business
Day falls in another calendar month, in which case such Eurodollar Loan Period shall end on the next preceding Business Day; (b) any applicable Eurodollar Loan Period which begins on a day for which there is no numerically corresponding day in
the calendar month during which such Eurodollar Loan Period is to end shall (subject to clause (i) above) end on the last day of such calendar month; and (c) no Eurodollar Loan Period shall extend beyond the Maturity Date or such earlier
date as would interfere with the repayment obligations of the Borrower under Section 2.7. 
 “Eurodollar Rate” shall
mean, with respect to any Eurodollar Loan for any Eurodollar Loan Period, the rate per annum determined by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two (2) Business Days prior to the commencement of
such Eurodollar Loan Period by reference to the ICE Benchmark Administration (or any successor thereto) Interest Settlement Rates for deposits in Dollars (as set forth by any service selected by the Administrative Agent that has been nominated by
the ICE Benchmark Administration (or any successor thereto) as an authorized information vendor for the purpose of displaying such rates) for a period equal to such Eurodollar Loan Period (the “Screen Rate”);

  
 11 

 
provided that (x) to the extent that an interest rate is not ascertainable pursuant to the foregoing provisions of this definition, the “Eurodollar Rate” shall be the
interest rate per annum determined by the Administrative Agent to be the average of the rates per annum at which deposits in Dollars are offered for such relevant Eurodollar Loan Period to major banks in the London interbank market in London,
England by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two (2) Business Days prior to the beginning of such Eurodollar Loan Period, and (y) if the interest rate for any Eurodollar Loan determined
pursuant to this definition is less than zero, then the Eurodollar Rate for such Eurodollar Loan shall be deemed to equal zero. 

“Eurodollar Reserve Percentage” shall mean the aggregate of the maximum reserve percentages (including, without limitation,
any emergency, supplemental, special or other marginal reserves) expressed as a decimal (rounded upwards to the next one one-hundredth of one percent (1/100th of 1%)) in effect on any day to which the
Administrative Agent is subject with respect to the Eurodollar Basis, pursuant to regulations issued by the Board of Governors of the Federal Reserve System (or any Governmental Authority succeeding to any of its principal functions)
(“Regulation D”) with respect to Eurocurrency Liabilities (as that term is defined in Regulation D). Eurodollar Loans shall be deemed to constitute Eurocurrency Liabilities 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 the Administrative Agent under Regulation D. The Eurodollar Reserve Percentage shall be adjusted automatically on and as of the effective date of
any change in any reserve percentage. The Eurodollar Basis for any Eurodollar Loan shall be adjusted as of the effective date of any changes in the Eurodollar Reserve Percentage. 

“Event of Default” shall mean any of the events specified in Section 8.1. 

“Excluded Hedge Obligation” shall mean, with respect to any Credit Party, any Hedge Obligation if, and to the extent that,
all or a portion of any Guaranty by such Credit Party of such Hedge Obligation (or any Guaranty thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the
application or official interpretation thereof) by virtue of such Credit Party’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the
time the Guaranty by such Credit Party becomes effective with respect to such Hedge Obligation. If a Hedge Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Hedge
Obligation that is attributable to swaps for which such Guaranty is or becomes illegal. 
 “Excluded Taxes” shall mean any
of the following taxes imposed on or with respect to a recipient or required to be withheld or deducted from a payment to a recipient, (a) taxes imposed on or measured by net income (however denominated), franchise taxes, and branch profits
taxes, in each case, (i) imposed as a result of such recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such tax (or any
political subdivision thereof) or (ii) that are Other Connection Taxes, (b) taxes described in Section 2.9(b)(vii), (c) taxes attributable to such recipient’s failure to comply with Section 2.9(b)(vi) and (d) any U.S.
federal withholding taxes imposed under FATCA. 
 “Existing Letters of Credit” shall mean the letters of credit issued and
outstanding under the Prior Credit Agreement as set forth on Schedule 1.1(c). 
 “Extending Lender” shall have the
meaning set forth in Section 2.16(a). 
 “Extension Effective Date” shall have the meaning set forth in
Section 2.16(a). 
 “Extension Request Date” shall have the meaning set forth in Section 2.16(a). 

  
 12 

 “FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date
of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreement entered into pursuant to
Section 1471(b)(1) of the Code. 
 “Federal Funds Rate” shall mean, for any day, the rate set forth in the weekly
statistical release designated as H.15(519), or any successor publication, published by the Federal Reserve Bank of New York (including any such successor, “H.15(519)”) on the preceding Business Day opposite the caption “Federal Funds
(Effective)”; or, if for any relevant day such rate is not so published on any such preceding Business Day, the rate for such day will be the arithmetic mean as determined by the Administrative Agent of the rates for the last transaction in
overnight Federal funds arranged prior to 12:00 noon (Charlotte, North Carolina time) on that day by each of three (3) leading brokers of Federal funds transactions in New York, New York selected by the Administrative Agent; provided
that if the Federal Funds Rate determined in accordance with the foregoing would otherwise be less than zero percent (0.00%), such rate shall be deemed to be zero percent (0.00%) for purposes of this Agreement. 

“Federal Reserve Bank of New York’s Website” means the website of the Federal Reserve Bank of New York at
http://www.newyorkfed.org, or any successor source. 
 “Financial Covenant” shall mean the financial covenant set forth in
Section 7.10. 
 “Financial Officer” shall mean each chief financial officer, treasurer, director of treasury,
assistant treasurer or any Person having comparable responsibilities with respect to such offices, of the Borrower. 

“Fitch” shall mean Fitch, Inc., or any successor thereto. 

“Flood Insurance Laws” shall mean, collectively, (a) the National Flood Insurance Reform Act of 1994 (which
comprehensively revised the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973), as now or hereafter in effect or any successor statute thereto, (b) the Flood Insurance Reform Act of 2004, as now or hereafter in
effect or any successor statute thereto and (c) the Biggert–Waters Flood Insurance Reform Act of 2012, as now or hereafter in effect or any successor statute thereto, in each case, together with all statutory and regulatory provisions
consolidating, amending, replacing, supplementing, implementing or interpreting any of the foregoing, as amended or modified from time to time. 

“Foreign Lender” shall have the meaning specified in Section 2.9(b)(vi). 

“Foreign Subsidiary” shall mean any Subsidiary that is not a Domestic Subsidiary. 

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

“Fund” shall mean any Person that is engaged in making, purchasing, holding or otherwise investing in commercial loans and
similar extensions of credit in the ordinary course of its business. 

  
 13 

 “GAAP” shall mean generally accepted accounting principles and practices in
effect from time to time. 
 “Governmental Authority” shall mean any nation or government, any state or other political
subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to any government. 

“Guaranty” or “guaranteed,” as applied to an obligation (a “primary obligation”), shall mean
(a) any guaranty, direct or indirect, in any manner, of any part or all of such primary obligation, and (b) any agreement, direct or indirect, contingent or otherwise, the practical effect of which is to assure in any way the payment or
performance (or payment of damages in the event of non-performance) of any part or all of such primary obligation, including, without limiting the foregoing, any obligation of any Person, whether or not
contingent, (i) to purchase any such primary obligation or any property or asset constituting direct or indirect security therefor, (ii) to advance or supply funds (A) for the purchase or payment of such primary obligation or
(B) to maintain working capital, equity capital or the net worth, cash flow, solvency or other balance sheet or income statement condition of any other Person, (iii) to purchase property, assets, securities or services primarily for the
purpose of assuring the owner or holder of any primary obligation of the ability of the primary obligor with respect to such primary obligation to make payment thereof or (iv) otherwise to assure or hold harmless the owner or holder of such
primary obligation against loss in respect thereof. The amount of any Guaranty shall be the maximum amount for which the guarantor may be liable pursuant to the terms of such Guaranty instrument; and if such amounts are not determinable, the
maximum reasonably anticipated liability in respect thereof, as determined by such guarantor in good faith. 
 “Hazardous
Materials” shall mean any hazardous materials, hazardous wastes, hazardous constituents, hazardous or toxic substances, petroleum products (including crude oil or any fraction thereof), and friable asbestos containing materials defined or
regulated as such in or under any Environmental Law. 
 “Hedge Obligations” shall mean any and all obligations or
liabilities, whether absolute or contingent, due or to become due, of any Credit Party in respect of Hedge Transactions entered into with one or more of the Bank Products Providers. 

“Hedge Transaction” shall mean any transaction which provides for an interest rate, credit or equity swap, cap, floor,
collar, forward currency transaction, currency swap, cross currency rate swap, currency option, commodity hedges or any combination of, or option with respect to, these or similar transactions. 

“Immaterial Subsidiary” shall mean any Subsidiary of the Borrower whose assets constitute less than one percent (1%) of
Consolidated Net Tangible Assets; provided that no Subsidiary that is a borrower or guarantor of, or otherwise obligated under, any Indebtedness for borrowed money shall constitute an Immaterial Subsidiary. 

“Increase Notice” shall have the meaning specified in Section 2.17(a). 

“Increase Effective Date” shall have the meaning specified in Section 2.17(d). 

“Indebtedness” of any Person shall mean, without duplication, (a) any obligation for borrowed money, including, without
limitation, the Obligations, (b) any obligation evidenced by bonds, debentures, notes or other similar instruments, (c) any obligation in respect of the deferred purchase price of property or services (other than trade payables incurred in
the ordinary course of business on terms customary in the trade), (d) any obligation under any conditional sale or other title retention agreement(s) relating to property acquired, (e) any capitalized lease obligations, (f) any obligation
in respect of drawn letters of credit, 

  
 14 

 
acceptances, or similar extensions of credit which have not been reimbursed and surety bonds (including, without limitation, reclamation bonds) for which a claim has been paid by the applicable
surety and reimbursement of such claim remains outstanding, (g) any Guaranty of the type of indebtedness described in clauses (a) through (f) above, (h) all indebtedness of a third party secured by any lien on property owned by such
Person, whether or not such indebtedness has been assumed by such Person, (i) any obligations, contingent or otherwise, to purchase, redeem, retire or otherwise acquire for value any Disqualified Equity Interests, (j) any off-balance sheet obligation created, in lieu of borrowing money, through asset securitization programs, synthetic leases, or other similar transactions, and (k) any obligation under any Hedge Transaction
(calculated as the amount of net payments such Person would have to make if an early termination thereof occurred on the date the Indebtedness of such Person was being determined); provided, however, that, notwithstanding anything in
GAAP to the contrary, the amount of all obligations shall be the full face amount of such obligations, except with respect to the obligations in clause (k), which shall be calculated in the manner set forth in clause (k). 

“Indemnified Person” shall mean each Administrative Agent Indemnified Person, each member of the Lender Group, each Affiliate
thereof, each of their respective employees, representatives, officers, members, partners, directors, agents, consultants, counsel, accountants, and advisors, and each of their respective successors and assigns. 

“Indemnified Taxes” shall have the meaning set forth in Section 2.9(b). 

“Intellectual Property” shall mean all intellectual and similar Property including (a) inventions, designs, patents,
patent applications, copyrights, trademarks, service marks, trade names, trade secrets, confidential or proprietary information, customer lists, know-how, software, and databases; (b) all embodiments or
fixations thereof and all related documentation, applications, registrations, and franchises; (c) all licenses or other rights to use any of the foregoing; and (d) all books and records relating to the foregoing. 

“Interest Expense” shall mean, as determined for any period on a consolidated basis for the Borrower and its Subsidiaries,
net cash interest expense plus (i) capitalized interest and (ii) Letter of Credit fees. 
 “Interest Rate
Basis” shall mean the Base Rate or the Eurodollar Basis, as applicable. 
 “Investment” shall mean, with respect
to any Person, (i) Cash Equivalents, (ii) any loan, advance or extension of credit to, or any Guaranty with respect to the Indebtedness or other obligations of, any other Person (other than intercompany loans, advances or extensions of
credit arising in connection with intercompany cash pooling arrangements, intercompany asset transfers, and the intercompany provision of goods and services, in each case, in the ordinary course of business and on an
arm’s-length basis), or (iii) any purchase or other acquisition of any Equity Interests of any other Person, other than any Acquisition. In determining the aggregate amount of Investments outstanding
at any particular time, (a) the amount of any Guaranty shall be the maximum amount for which the guarantor may be liable pursuant to the terms of the applicable Guaranty instrument; and if such amounts are not determinable, the maximum
reasonably anticipated liability in respect thereof, as determined in good faith by the Person providing such Guaranty, (b) there shall be deducted in respect of each such Investment any amount received as a return of principal or capital,
(c) there shall not be deducted in respect of any Investment any amounts received as earnings, whether as dividends, interest or otherwise and (d) there shall not be deducted from or added to any Investments any decrease or increase, as
the case may be, in the market value thereof. 
 “Issuing Bank” shall mean Truist Bank, Wells Fargo Bank, National
Association, U.S. Bank National Association, Bank of America, N.A., Regions Bank, and any other Lender designated by the 

  
 15 

 
Borrower and approved by the Administrative Agent that hereafter may be designated as an Issuing Bank. As used herein, the term “the Issuing Bank” shall mean “each Issuing
Bank” or “the applicable Issuing Bank,” or, collectively, “the Issuing Banks”, as the context may require. 

“Lead Arrangers” shall mean Truist Securities, Inc., Wells Fargo Securities, LLC, U.S. Bank National Association and Regions
Capital Markets, a division of Regions Bank. 
 “Lender Group” shall mean, collectively, the Administrative Agent, the
Issuing Bank, the Swing Bank, and the Lenders and, solely as used in Article III, any Affiliates of a Lender party to a Bank Products Document. 

“Lenders” shall mean those lenders whose names are set forth on the signature pages to this Agreement under the heading
“Lenders”, any Persons who hereafter become parties hereto as Lenders pursuant to Section 2.16 or 2.17 and any assignees of the Lenders who hereafter become parties hereto pursuant to and in accordance with Section 10.5 or 10.16;
and “Lender” shall mean any one of the foregoing Lenders. 
 “Letter of Credit Commitment” shall mean, as of any
date of determination, the obligation of the Issuing Bank to issue Letters of Credit. As of the Closing Date, the Letter of Credit Commitment is $250,000,000. 

“Letter of Credit Issuance Limit” shall mean with respect to each Issuing Bank, $75,000,000 or any lesser amount to be agreed
to in writing among such Issuing Bank, the Borrower, and the Administrative Agent. 
 “Letter of Credit Obligations” shall
mean, at any time, the sum of (a) the aggregate undrawn and unexpired stated amount (including the amount to which any such Letter of Credit can be reinstated pursuant to its terms) of the Letters of Credit, and (b) the aggregate
unreimbursed drawings of any Letters of Credit. 
 “Letter of Credit Reserve Account” shall mean any account maintained by
the Administrative Agent the proceeds of which shall be applied as provided in Section 8.2(d). 
 “Letters of Credit”
shall mean either Standby Letters of Credit or Commercial Letters of Credit issued by the Issuing Bank from time to time in accordance with Section 2.2 and the Existing Letters of Credit. 

“Lien” shall mean, with respect to any property, any mortgage, lien, pledge, negative pledge agreement, assignment, charge,
option, security interest, title retention agreement, levy, execution, seizure, attachment, garnishment, or other encumbrance of any kind (including as a result of a third party’s ownership interest or other right with respect to any property
that is commingled with such property) in respect of such property, whether or not choate, vested, or perfected; provided that, anything in the Loan Documents to the contrary notwithstanding, any encumbrance arising as a result of a VPP
Purchaser’s ownership interest or other right with respect to any property that is commingled with property of a Credit Party or Subsidiary in connection with a VPP Transaction shall not be a Lien pursuant to this definition. 

“Loan Documents” shall mean this Agreement, any Revolving Loan Notes, all Compliance Certificates, all Requests for Loan, all
Requests for Letters of Credit, all Notices of Conversion/Continuation, all fee letters executed in connection with this Agreement, and all other documents, instruments, certificates, and agreements executed or delivered in connection with this
Agreement (excluding any agreements other than this Agreement relating to Letters of Credit issued hereunder), all of the foregoing, as amended, restated, supplemented or otherwise modified from time to time; provided, however, that,
notwithstanding the foregoing, none of the Bank Products Documents shall constitute Loan Documents. 

  
 16 

 “Loans” shall mean, collectively, the Revolving Loans and the Swing Loans.

 “Margin Stock” shall have the meaning specified in Section 5.1(q). 

“Material Contracts” shall mean all contracts (other than the Loan Documents) to which the Borrower or any Material
Subsidiary is or becomes a party as to which the breach, cancellation or failure to renew by any party thereto could reasonably be expected to have a Materially Adverse Effect. 

“Material Subsidiary” shall mean any Subsidiary of the Borrower that is not an Immaterial Subsidiary; provided that
no Foreign Subsidiary shall be a Material Subsidiary unless it is a borrower or guarantor of, or otherwise obligated under, any Indebtedness for borrowed money not described in clause (a) or (b) of Section 7.11. 

“Materially Adverse Effect” shall mean, with respect to any event, act, condition or occurrence of whatever nature, a
material adverse effect on (a) the business, financial condition, results of operations, or Properties of the Credit Parties and their Subsidiaries, taken as a whole, (b) the ability of the Credit Parties, taken as a whole, to perform any
of their obligations under any Loan Document, or (c) the rights, remedies or benefits available to the Administrative Agent, the Issuing Bank or any Lender under any Loan Document. 

“Maturity Date” shall mean the earlier to occur of (a) September 10, 2025 or, with respect to a Lender, such later
date to which such Lender has agreed pursuant to Section 2.16 and (b) such earlier date as payment of the Loans in full shall be due (whether by acceleration or otherwise). 

“Mining Laws” shall mean any and all Applicable Laws governing surface or subsurface mining, quarrying, dredging, drilling
and similar or related operations and activities. 
 “MNPI” shall have the meaning specified in Section 10.17(a). 

“Moody’s” shall mean Moody’s Investor Service, Inc., or any successor thereto. 

“MSHA” shall have the meaning specified in Section 5.1(u). 

“Multiemployer Plan” shall mean a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA, and to which
any Credit Party or ERISA Affiliate is making, is obligated to make or has made or been obligated to make, contributions. 

“Necessary Authorizations” shall mean all authorizations, consents, permits, approvals, licenses, and exemptions from, and
all filings and registrations with, and all reports to, any Governmental Authority whether Federal, state, local, and all agencies thereof, which are required for the incurrence or maintenance of the Obligations and the performance by the Credit
Parties of their obligations under the Loan Documents and the conduct of the businesses and the ownership (or lease) of the properties and assets of the Borrower and its Subsidiaries, including, without limitation, Environmental or Mining Permits.

 “New Lender” shall have the meaning set forth in Section 2.16(b). 

“Non-Defaulting Lender” shall mean, at any time, a Lender that is not a Defaulting
Lender. 
 “Notice of Conversion/Continuation” shall mean a notice in substantially the form of Exhibit D. 

  
 17 

 “Obligations” shall mean (a) all payment and performance obligations
existing from time to time of the Credit Parties to the Lender Group, or any of them, under this Agreement and the other Loan Documents (including any interest, fees and expenses that, but for the provisions of the Bankruptcy Code, would have
accrued) and (b) any Bank Products Obligations. Anything in the foregoing to the contrary notwithstanding, Excluded Hedge Obligations of any Credit Party shall not constitute Obligations. 

“OFAC” shall mean the U.S. Department of the Treasury’s Office of Foreign Assets Control. 

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

“Other Taxes” shall have the meaning specified in Section 2.9(b)(ii). 

“Participant” shall have the meaning specified in Section 10.5. 

“Participant Register” has the meaning specified in Section 10.5(d). 

“Patriot Act” shall mean the USA PATRIOT Improvement and Reauthorization Act of 2005 (Pub. L.
109-177 (signed into law March 9, 2006)), as amended and in effect from time to time. 

“Payment Date” shall mean the last day of each Eurodollar Loan Period. 

“PBGC” shall mean the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under
ERISA. 
 “Permitted Acquisition” shall mean any Acquisition by the Borrower or any Subsidiary so long as: 

(a)    any Person or assets acquired pursuant to such Acquisition shall be engaged in a line of business substantially
similar, ancillary or related to, or a reasonable extension of, the businesses conducted by the Borrower and its Subsidiaries on the Closing Date; 

(b)    such Acquisition was not preceded by, or consummated pursuant to, an unsolicited tender offer or proxy contest
initiated by or on behalf of the Borrower or any Subsidiary; and 
 (c)    no Default or Event of Default shall exist or
result therefrom. 
 “Permitted Liens” shall mean: 

(a)    (i) any Lien in favor of the Administrative Agent for the benefit of the Lender Group securing the Obligations and
(ii) any Lien in favor of the Administrative Agent or any other member of the Lender Group on cash collateral to support Letter of Credit Obligations; 

(b)    Liens for taxes, assessments, judgments, governmental charges or levies, or claims not yet delinquent or the non-payment of which is being diligently contested in good faith by appropriate proceedings and for which adequate reserves (in accordance with GAAP) have been accrued so long as the unpaid taxes, interest and
penalties secured by such Liens do not exceed $100,000,000 in the aggregate; 

  
 18 

 (c)    Liens of landlords, carriers, warehousemen, mechanics, laborers,
suppliers, workers, repairmen and materialmen arising by operation of law and incurred in the ordinary course of business for sums not overdue by more than sixty (60) days or being diligently contested in good faith by appropriate proceedings
and for which adequate reserves (in accordance with GAAP) have been accrued; 
 (d)    Liens incurred in the ordinary
course of business in connection with worker’s compensation and unemployment insurance or other types of social security benefits or retirement benefits; 

(e)    easements, rights-of-way,
restrictions (including zoning or deed restrictions), and other similar encumbrances on the use of real property which do not interfere in any material respect with the ordinary conduct of the business of such Person or materially impair the value
of such real property; 
 (f)    Liens to secure the performance of bids, trade contracts, statutory or regulatory
obligations, surety bonds, appeal bonds, performance bonds, reclamation bonds, and other obligations of a like nature, incurred in the ordinary course of business which are not past due, so long as such Liens secure obligations that in a face amount
do not exceed 15% of Consolidated Net Tangible Assets in the aggregate; 
 (g)    Liens on assets of the Borrower and
its Subsidiaries existing as of the Closing Date which are set forth on Schedule 1.1(b); 
 (h)    Negative
pledges permitted under Section 7.6; 
 (i)    deposits of cash or Cash Equivalents to secure bids, trade
contracts, tenders, sales, leases, statutory or regulatory obligations, surety bonds, appeal bonds, performance bonds, reclamation bonds, and other obligations of a like nature in amount not to exceed $50,000,000 in the aggregate at any time; 

(j)    (i) banker’s liens, rights of setoff or similar rights and remedies as to deposit accounts or other funds
maintained with depository institutions arising as a matter of law; provided that such deposit accounts or funds are not established or deposited for the purpose of providing collateral for any Indebtedness and are not subject to restrictions on
access by the Borrower or any Subsidiary in excess of those required by applicable banking regulations and (ii) Liens of a depositary, securities intermediary or other financial institution arising in the ordinary course of business under
customary terms encumbering deposit or other funds maintained with such financial institutions that are within the general parameters customary in the applicable industry; 

(k)    Liens arising by virtue of precautionary Uniform Commercial Code financing statement filings (or similar filings
under Applicable Law) regarding operating leases entered into in the ordinary course of business; 
 (l)    Liens
securing judgments not constituting an Event of Default under clause (i) of Section 8.1; 
 (m)    Liens
representing any interest or title of a licensor, lessor or sub licensor or sub lessor, or a licensee, lessee or sublicense or sub lessee, in the property subject to any lease, license or sublicense or concession agreement and entered into in the
ordinary course of business; 
 (n)    Liens securing Indebtedness that is assumed in connection with a Permitted
Acquisition; provided that (i) such Indebtedness is not created in contemplation of such Permitted Acquisition and (ii) the aggregate principal amount of such Indebtedness shall not exceed $50,000,000 at any time; 

  
 19 

 (o)    leases, licenses, subleases or sublicenses, including non-exclusive software licenses, granted to others by the Borrower or any of its Subsidiaries in the ordinary course of business that do not (i) interfere in any material respect with the businesses of the
Borrower or any of its Subsidiaries or (ii) secure any Indebtedness; and 
 (p)    Liens not otherwise permitted by
the foregoing clauses (a) through (o) securing obligations in an aggregate outstanding principal amount not in excess of (determined at the time each such secured obligation is incurred, provided that secured obligations outstanding on
the Closing Date not justified by the foregoing clauses (a) through (o) but justified under this clause (p) shall be deemed to be incurred as of the Closing Date) the greater of (i) 12.5% of Consolidated Net Tangible Assets or (ii)
$300,000,000. 
 “Person” shall mean an individual, corporation, partnership, trust, joint stock company, limited liability
company, unincorporated organization, other legal entity or joint venture or a government or any agency or political subdivision thereof. 

“Plan” shall mean an employee benefit plan within the meaning of Section 3(3) of ERISA that any Credit Party or ERISA
Affiliate maintains, contributes to or has an obligation to contribute to or has maintained, contributed to or had an obligation to contribute to at any time within the past six (6) years. 

“Platform” shall mean Interlinks/Interagency, SyndTrak or another relevant website approved by the Administrative Agent. 

“Prior Credit Agreement” shall mean that certain Credit Agreement dated as of December 21, 2016 (as amended, restated or
otherwise modified from time to time prior to the date hereof), by and among the Borrower, each of the Persons party thereto as guarantors, the Administrative Agent, and certain of the Lenders. 

“Prior Loan Documents” shall mean the “Loan Documents” as defined in the Prior Credit Agreement. 

“Pro Forma Basis” shall mean the financial calculations of the Borrower and its consolidated Subsidiaries for the four
(4) fiscal quarter period most recently ended adjusted as if any of the following transactions that occurred during such period had been consummated on the day prior to such period (based on historical results accounted for in accordance with
GAAP, adjusted for any credit for acquisition related costs and savings to the extent expressly permitted pursuant to Article 11 of Securities and Exchange Commission Regulation S-X): 

(a)    Permitted Acquisitions; 

(b)    all material asset dispositions other than (i) any involuntary loss, damage or destruction of assets,
(ii) any condemnation, seizure or taking of assets or other similar matters and (iii) dispositions between the Borrower and its consolidated Subsidiaries; 

(c)    Indebtedness as described in clauses (a) and (b) of the definition of “Indebtedness” (other than
Revolving Loans and Indebtedness among the Borrower and its consolidated Subsidiaries) incurred or assumed; and 

(d)    Indebtedness as described in clauses (a) and (b) of the definition of “Indebtedness” (other than
Revolving Loans and Indebtedness among the Borrower and its consolidated Subsidiaries) that is repaid or retired (at maturity or otherwise). 

  
 20 

 “Property” shall mean any real property or personal property, plant,
building, facility, structure, underground storage tank or unit, equipment, inventory or other asset owned, leased or operated by the Credit Parties or their Subsidiaries (including, without limitation, any surface water thereon or adjacent thereto,
and soil and groundwater thereunder). 
 “PTE” means a prohibited transaction class exemption issued by the U.S. Department
of Labor, as any such exemption may be amended from time to time. 
 “Qualified ECP Guarantor” shall mean, in respect of
any Hedge Obligation, each Credit Party that has total assets exceeding $10,000,000 at the time the relevant Guaranty becomes effective with respect to such Hedge Obligation or such other person as constitutes an “eligible contract
participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under
Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 
 “Rating” shall mean on any date, the Borrower’s
corporate family ratings (or the equivalent thereof) as most recently publicly announced by a Rating Agency. 
 “Rating
Agency” shall mean each of Moody’s, S&P and Fitch. 
 “Real Property” shall mean any right, title or
interest in and to real property, including any fee interest, leasehold interest, easement or license and any other right to use or occupy real property, including any right arising by contract. 

“Related Parties” shall mean, with respect to any specified Person, such Person’s Affiliates and the respective
managers, administrators, trustees, partners, directors, officers, employees, agents, advisors, legal counsel, consultants or other representatives of such Person and such Person’s Affiliates. 

“Relevant Governmental Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee
officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto. 

“Request for Letter of Credit” shall mean any certificate signed by an Authorized Signatory of the Borrower requesting that
the Issuing Bank issue a Letter of Credit, which certificate shall be in substantially the form of Exhibit F. 
 “Request for
Loan” shall mean any certificate signed by an Authorized Signatory of the Borrower requesting a Loan, which certificate shall be in substantially the form of Exhibit E. 

“Required Lenders” shall mean, as of any date of calculation, Lenders the sum of whose unutilized portions of the
Commitments, plus Loans (other than Swing Loans) plus participation interests in Letter of Credit Obligations and Swing Loans exceeds fifty percent (50%) of the sum of all unutilized portions of the Commitments plus all Loans (other
than Swing Loans) plus participation interests in Letter of Credit Obligations and Swing Loans; provided that to the extent that any Lender is a Defaulting Lender, such Defaulting Lender’s Loans and unutilized portion of the
Commitments shall be excluded for purposes of determining Required Lenders. 
 “Resolution Authority” shall mean an EEA
Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority. 

  
 21 

 “Responsible Officer” shall mean each president, executive vice president,
chief executive officer, chief financial officer, treasurer, secretary, general counsel, assistant general counsel, or Authorized Signatory, or any Person having comparable responsibilities with respect to such offices, of the Borrower. 

“Revolving Commitment Percentage” shall mean, with respect to each Lender, the percentage equivalent of the ratio which such
Lender’s portion of the Revolving Loan Commitment bears to the Revolving Loan Commitment (as each may be adjusted from time to time as provided herein); provided, that if the Revolving Loan Commitment has terminated or expired, the
Revolving Commitment Percentages shall be determined based upon the Revolving Loan Commitment most recently in effect, giving effect to any assignments. As of the Closing Date, the Revolving Commitment Percentage of each Lender is as set forth
(together with Dollar amount thereof) on Schedule 1.1(a). 
 “Revolving Credit Obligations” shall mean, with respect
to any Lender at any time, the sum of such Lender’s Revolving Loans and pro rata share (based on its Revolving Commitment Percentage) of the Letter of Credit Obligations and the Swing Loans. 

“Revolving Loan Commitment” shall mean, as of any date of determination, the several obligations of the Lenders to make
advances to the Borrower, in accordance with their respective Revolving Commitment Percentages. As of the Closing Date, the Revolving Loan Commitment is $1,000,000,000. 

“Revolving Loan Notes” shall mean, collectively, those certain promissory notes, dated as of the Closing Date, issued to each
of the Lenders with a Revolving Loan Commitment who requests such a promissory note by the Borrower, and any other promissory note issued by the Borrower to evidence the Revolving Loans pursuant to this Agreement, each substantially in the form of
Exhibit G attached hereto, and any extensions, renewals, or amendments to, or replacements of, the foregoing. 
 “Revolving
Loans” shall mean, collectively, the amounts (other than Swing Loans) advanced by the Lenders to the Borrower under the Revolving Loan Commitment. 

“S&P” shall mean Standard & Poor’s Ratings Group, a division of McGraw-Hill, Inc., or any successor
thereto. 
 “Sanctioned Country” shall mean, at any time, a country, region or territory that is, or whose government is,
the subject or target of any Sanctions, including, without limitation, Crimea, Cuba, Iran, North Korea and Syria. 
 “Sanctioned
Person” shall mean, at any time, (a) any Person that is the subject or target of any Sanctions, (b) any Person located, organized, operating or resident in a Sanctioned Country or (c) any Person owned or controlled by any
such Person. 
 “Sanctions” shall mean economic or financial sanctions or trade embargoes imposed, administered or enforced
from time to time by (a) the U.S. government, including those administered by OFAC or the U.S. Department of State, (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom or
(c) any other relevant sanctions authority. 
 “Screen Rate” shall have the meaning set forth in the definition of
“Eurodollar Rate”. 
 “SEA” shall mean the Securities and Exchange Act of 1934 and the rules promulgated
thereunder by the Securities and Exchange Commission, as amended from time to time or any similar Federal law then in force. 

  
 22 

 “Securities Act” shall mean the Securities Act of 1933, as amended, or any
similar Federal law then in force. 
 “SOFR” with respect to any day means the secured overnight financing rate published
for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website. 

“Solvent” shall mean, as to any Person, that (a) the property of such Person, at a fair valuation on a going concern
basis, will exceed its debt, (b) the capital of such Person will not be unreasonably small to conduct its business, and (c) no such Person will have incurred debts beyond its ability to pay such debts as they mature or will have
intended to incur debts beyond its ability to pay such debts as they mature. For purposes of this definition, “debt” shall mean any liability on a claim, and “claim” shall mean (i) the right to payment, whether or not
such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, undisputed, legal, equitable, secured or unsecured, or (ii) the 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, unmatured, undisputed, secured or unsecured. 

“Standby Letter of Credit” shall mean a Letter of Credit issued to support obligations of the Borrower or a Subsidiary
incurred in the ordinary course of its business, and which is not a Commercial Letter of Credit. 
 “Subsidiary” shall
mean, as applied to any Person, (a) any corporation of which more than fifty percent (50%) of the outstanding stock (other than directors’ qualifying shares) having ordinary voting power to elect a majority of its board of directors,
regardless of the existence at the time of a right of the holders of any class or classes of securities of such corporation to exercise such voting power by reason of the happening of any contingency, or any partnership or limited liability company
of which more than fifty percent (50%) of the outstanding partnership interests or membership interests, as the case may be, is at the time owned by such Person, or by one or more Subsidiaries of such Person, or by such Person and one or more
Subsidiaries of such Person, and (b) any other entity which is controlled or capable of being controlled by such Person, or by one or more Subsidiaries of such Person, or by such Person and one or more Subsidiaries of such Person. For the
avoidance of doubt, unless the context otherwise requires, the term “Subsidiary” shall include all direct and indirect Subsidiaries of any Person. Unless otherwise indicated, all references to “Subsidiary” hereunder shall mean a
Subsidiary of the Borrower. 
 “Swing Bank” shall mean Truist Bank, or any other Lender who shall agree with the
Administrative Agent and the Borrower to act as Swing Bank. 
 “Swing Loans” shall mean, collectively, the amounts advanced
from time to time by the Swing Bank to the Borrower under the Revolving Loan Commitment in accordance with Section 2.3(d). 

“Swing Rate” shall mean, for any period, the rate per annum offered by the Swing Bank and accepted by the Borrower. 

“Term SOFR” means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant
Governmental Body. 
 “Title IV Plan” shall mean a Plan, other than a Multiemployer Plan, that is an “employee pension
benefit plan,” within the meaning of Section 3(2) of ERISA, that is covered by Title IV of ERISA or the minimum funding standard of Section 302 of ERISA or Section 412 of the Code and is sponsored or maintained by any Credit
Party or any ERISA Affiliate or to which any Credit Party or any ERISA Affiliate 

  
 23 

 
contributes or has an obligation to contribute or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the
immediately preceding five (5) plan years. 
 “Total Debt” shall mean, as of any date, all Indebtedness of the
Borrower and its Subsidiaries on a consolidated basis (excluding (a) Indebtedness of the type described in subsection (k) of the definition thereof and (b) any intercompany Indebtedness that is consolidated in accordance with GAAP).

 “Total Leverage Ratio” shall mean the ratio of (a) Total Debt as of such date to (b) EBITDA for the four
(4) consecutive fiscal quarters most recently ended. 
 “UCC” shall mean the Uniform Commercial Code as the
same may, from time to time, be enacted and in effect in the State of New York; provided, that to the extent that the UCC is used to define any term herein and such term is defined differently in different Articles or Divisions of the UCC,
the definition of such term contained in Article or Division 9 shall govern. 
 “UK Financial Institution” shall mean any
BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook (as amended from time to time)
promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 

“UK Resolution Authority” shall mean the Bank of England or any other public administrative authority having responsibility
for the resolution of any UK Financial Institution. 
 “Unadjusted Benchmark Replacement” means the Benchmark Replacement
excluding the Benchmark Replacement Adjustment. 
 “Uniform Customs” shall mean the Uniform Customs and Practice for
Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500, as the same may be amended from time to time. 

“US” or “United States” shall mean the United States of America. 

“U.S. Person” shall mean any Person that is a “United States Person” as defined in Section 7701(a)(30) of the
Code. 
 “VPP Purchaser” shall mean the Persons party to a VPP Transaction that are not Credit Parties or Subsidiaries of
Credit Parties, in each case, together with their respective successors and assigns. 
 “VPP Transaction” shall mean any
volumetric production payment transaction or similar transaction, including any transaction structured as a sale of property interests (including mineral reserves) in exchange for long-term periodic payments made by a Credit Party or a Subsidiary.

 “Write-Down and Conversion Powers” shall mean, (a) with respect to any EEA Resolution Authority, the write-down and
conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person

  
 24 

 
or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any
of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers. 

Section 1.2    Uniform Commercial Code. Any term used in this Agreement which is defined in the UCC and not
otherwise defined in this Agreement or in any other Loan Document shall have the meaning given such term in the UCC. 

Section 1.3    Accounting Principles. (a) The classification, character and amount of all assets,
liabilities, capital accounts and reserves and of all items of income and expense to be determined, and any consolidation or other accounting computation to be made, and the interpretation of any definition containing any financial term, pursuant to
this Agreement shall be determined and made in accordance with GAAP consistently applied. All accounting terms used herein without definition shall be used as defined under GAAP. All financial calculations hereunder shall, unless otherwise stated,
be determined for the Borrower on a consolidated basis with its Subsidiaries. Notwithstanding the foregoing, (i) all financial covenants contained herein shall be calculated without giving effect to any election under Statement of Financial
Accounting Standards 159 (or any similar accounting principle) permitting a Person to value its financial liabilities at the fair value thereof or (ii) for all purposes of this Agreement and the other Loan Documents, including negative
covenants, financial covenants and component definitions, GAAP will be deemed to treat operating leases and capital leases in a manner consistent with the treatment under GAAP as in effect prior to the issuance by the Financial Accounting Standards
Board on February 25, 2016 of Accounting Standards Update No. 2016-02. 

(b)    If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in
any Loan Document, and a Credit Party or the Required Lenders shall so request, the Administrative Agent, the Required Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof
in light of such change in GAAP; provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the
Administrative Agent and the Lenders the adjustments and reconciliations necessary to enable the Administrative Agent and each Lender to determine compliance with the Financial Covenant before and after giving effect to such change in GAAP. 

(c)    For the purposes of this Agreement and the other Loan Documents, the Total Leverage Ratio shall be calculated on a
Pro Forma Basis. 
 Section 1.4    Other Interpretive Matters. The terms “herein,”
“hereof,” and “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular section, paragraph, or subdivision. Any pronoun used shall be deemed to cover all genders. In the
computation of periods of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each means “to but excluding.” The section
titles, table of contents, and list of exhibits appear as a matter of convenience only and shall not affect the interpretation of this Agreement or any Loan Document. All schedules, exhibits, annexes, and attachments referred to herein are hereby
incorporated herein by this reference. All references to (a) statutes and related regulations shall include all related rules and implementing regulations and any amendments of same and any successor statutes, rules, and regulations; (b)
“including” and “include” shall mean “including, without limitation,” regardless of whether “without limitation” is included in some instances and not in others (and, for purposes of each Loan Document, the
parties agree that the rule of ejusdem generis shall not be applicable to limit a general statement, which is followed by or referable to an enumeration of specific matters to matters similar to the matters specifically mentioned); and
(c) all references to dates and times shall mean the date and time at the Administrative Agent’s notice address determined under Section 10.1, unless otherwise specifically 

  
 25 

 
stated. All calculations of value of any Property, fundings of Loans, issuances of Letters of Credit and payments of Obligations shall be in Dollars and, unless the context otherwise requires,
all determinations (including calculations of the Financial Covenant) made from time to time under the Loan Documents shall be made in light of the circumstances existing at such time. No provision of any Loan Documents shall be construed or
interpreted to the disadvantage of any party hereto by reason of such party’s having, or being deemed to have, drafted, structured, or dictated such provision. A Default or Event of Default, if one occurs, shall “exist”,
“continue” or be “continuing” until such Default or Event of Default, as applicable, has been waived in writing in accordance with Section 10.12. All terms used herein which are defined in Article 9 of the UCC and which are
not otherwise defined herein shall have the same meanings herein as set forth therein. 

Section 1.5    Divisions. For all purposes under the Loan Documents, in connection with any division or plan
of division under Delaware law (or any comparable event under a different jurisdiction’s laws), (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it
shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders
of its equity interests at such time. 
 Section 1.6    LIBOR. The Administrative Agent and the Lenders do
not warrant or accept responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the rates in the definition of “Eurodollar Rate” or with respect to any alternative
or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to the terms
of this Agreement, will be similar to, or produce the same value or economic equivalence of, the Eurodollar Rate or have the same volume or liquidity as did the London interbank offered rate prior to any discontinuance or unavailability thereof.

 ARTICLE 2 
 THE LOANS AND
THE LETTERS OF CREDIT 
 Section 2.1    Revolving Loans and Swing Loans. 

(a)    Revolving Loans. Subject to the terms and conditions of this Agreement, each Lender with a Revolving Loan
Commitment agrees severally to make Revolving Loans from time to time on any Business Day prior to the Maturity Date in an amount that will not result in the following: 

(i)    the Revolving Credit Obligations of such Lender exceeding such Lender’s Revolving Loan
Commitment; or 
 (ii)    the Aggregate Revolving Credit Obligations exceeding the Revolving Loan
Commitment. 
 Subject to the terms and conditions hereof, prior to the Maturity Date, Revolving Loans may be repaid and reborrowed from
time to time so long as all conditions set forth in Section 4.2 have been satisfied unless waived by the Required Lenders in accordance with Section 10.12. 

(b)    Swing Loans. Subject to the terms and conditions of this Agreement, the Swing Bank, in its sole and absolute
discretion, may from time to time on any Business Day prior to the Maturity Date, make Swing Loans in an aggregate amount not to exceed $25,000,000 at any time. 

  
 26 

 Section 2.2    Letters of Credit. 

(a)    Subject to the terms and conditions of this Agreement, each Issuing Bank, on behalf of the Lenders, and in reliance
on the agreements of the Lenders set forth in Section 2.2(c) below, hereby agrees to issue one or more Letters of Credit, from time to time on any Business Day prior to the date that is thirty (30) days prior to the Maturity Date, up to an
aggregate face amount equal to the Letter of Credit Issuance Limit; provided, however, that, except as described in the last sentence of Section 4.2, the Issuing Bank shall not issue any Letter of Credit unless the conditions
precedent to the issuance thereof set forth in Section 4.2 have been satisfied. Each Letter of Credit shall (i) be denominated in Dollars, and (ii) expire no later than the earlier to occur of (A) the date ten (10) days
prior to the Maturity Date, and (B) one year after its date of issuance (but may contain provisions for automatic renewal provided that no Default or Event of Default exists on the renewal date or would be caused by such renewal and
provided that no such renewal shall extend beyond the date ten (10) days prior to the Maturity Date). Unless otherwise agreed by the Issuing Bank and the Borrower when a Letter of Credit is issued or amended, (i) for each Standby
Letter of Credit, the rules of the International Standby Practices, International Chamber of Commerce Publication No. 590, or any subsequent revision or restatement thereof adopted by the International Chamber of Commerce and in use by the
Issuing Bank, shall apply and (ii) for each Commercial Letter of Credit, the rules of the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No. 600, or any subsequent revision or
restatement thereof adopted by the International Chamber of Commerce and in use by the Issuing Bank, shall apply. The Issuing Bank shall not at any time be obligated to issue, or cause to be issued, any Letter of Credit if such issuance would
conflict with, or cause the Issuing Bank to exceed any limits imposed by, any Applicable Law. 
 (b)    The Borrower may
from time to time request that the Issuing Bank issue a Letter of Credit. The Borrower shall execute and deliver to the Administrative Agent and the Issuing Bank a Request for Letter of Credit for each Letter of Credit to be issued by the Issuing
Bank, not later than 12:00 noon (Charlotte, North Carolina time) on the third (3rd) Business Day preceding the date on which the requested Letter of Credit is to be issued, or such shorter notice as may be acceptable to the Issuing Bank and the
Administrative Agent. Upon receipt of any such Request for Letter of Credit, subject to satisfaction of all conditions precedent thereto as set forth in Section 4.2 or waiver of such conditions pursuant to the last sentence of Section 4.2,
the Issuing Bank shall process such Request for Letter of Credit 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. The Issuing Bank shall furnish a copy of such Letter of Credit to the Borrower and the Administrative Agent following the issuance thereof. In addition to the fees payable pursuant to Section 2.5(c)(ii), the
Borrower shall pay or reimburse the Issuing Bank for normal and customary costs and expenses incurred by the Issuing Bank in issuing, effecting payment under, amending or otherwise administering the Letters of Credit. 

(c)    On the Closing Date with respect to all Existing Letters of Credit and, with respect to all other Letters of
Credit, immediately upon the issuance by the Issuing Bank of a Letter of Credit and in accordance with the terms and conditions of this Agreement, the Issuing Bank shall be deemed to have sold and transferred to each Lender, and each Lender shall be
deemed irrevocably and unconditionally to have purchased and received from the Issuing Bank, without recourse or warranty, an undivided interest and participation, to the extent of such Lender’s Revolving Commitment Percentage, in such Letter
of Credit and the obligations of the Borrower with respect thereto (including, without limitation, all Letter of Credit Obligations with respect thereto). The Issuing Bank shall promptly notify the Administrative Agent of any draw under a Letter of
Credit. At such time as the Administrative Agent shall be notified by the Issuing Bank that the beneficiary under any Letter of Credit has drawn on the same, the Administrative Agent shall promptly notify the Borrower and the Swing Bank (or, at its
option, all Lenders), by telephone or telecopy, of the amount of the draw and, in the case of each Lender, such Lender’s portion of such draw amount as calculated in accordance with its Revolving Commitment Percentage. 

  
 27 

 (d)    The Borrower hereby agrees to immediately reimburse the Issuing
Bank for amounts paid by the Issuing Bank in respect of draws under each Letter of Credit. In order to facilitate such repayment, the Borrower hereby irrevocably requests the Lenders, and the Lenders hereby severally agree, on the terms and
conditions of this Agreement (other than as provided in Article 2 with respect to the amounts of, the timing of requests for, and the repayment of Loans hereunder and in Article 4 with respect to conditions precedent to Loans hereunder), to make a
Base Rate Loan on each day on which a draw is made under any Letter of Credit and in the amount of such draw, and to pay the proceeds of such Loan directly to the Issuing Bank to reimburse the Issuing Bank for the amount paid by it upon such draw.
Each Lender shall pay its share of such Base Rate Loan to the Administrative Agent in accordance with Section 2.3(f) and its Revolving Commitment Percentage, without reduction for any set-off or
counterclaim of any nature whatsoever and regardless of whether any Default or Event of Default exists or would be caused thereby. The disbursement of funds in connection with a draw under a Letter of Credit pursuant to this Section 2.2 shall
be subject to the terms and conditions of Section 2.3(f). The obligation of each Lender to make payments to the Administrative Agent, for the account of the Issuing Bank, in accordance with this Section 2.2 shall be absolute and
unconditional and no Lender shall be relieved of its obligations to make such payments by reason of noncompliance by any other Person with the terms of the Letter of Credit or for any other reason. The Administrative Agent shall promptly remit to
the Issuing Bank the amounts so received from the other Lenders. Any overdue amounts payable by the Lenders to the Issuing Bank in respect of a draw under any Letter of Credit shall bear interest, payable on demand, (x) for the first two
(2) Business Days, at the Federal Funds Rate, and (y) thereafter, at the Base Rate. Notwithstanding the foregoing, at the request of the Administrative Agent, the Swing Bank may, at its option and subject to the conditions set forth in
Section 2.3(d) other than the condition that the applicable conditions precedent set forth in Article 4 be satisfied, make Swing Loans to reimburse the Issuing Bank for amounts drawn under Letters of Credit. 

(e)    The Borrower agrees that each Loan by the Lenders to reimburse the Issuing Bank for draws under any Letter of
Credit, shall, for all purposes hereunder, unless and until converted into a Eurodollar Loan pursuant to Section 2.3(b)(ii), be deemed to be a Base Rate Loan. 

(f)    The Borrower agrees that any action taken or omitted to be taken by the Issuing Bank in connection with any Letter
of Credit, except for such actions or omissions as shall constitute gross negligence or willful misconduct on the part of such Issuing Bank as determined by a final non-appealable judgment of a court of
competent jurisdiction, shall be binding on the Borrower as between the Borrower and the Issuing Bank, and shall not result in any liability of the Issuing Bank to the Borrower. The obligation of the Borrower to reimburse the Issuing Bank for a
drawing under any Letter of Credit or the Lenders for Loans made by them to the Issuing Bank on account of draws made under the Letters of Credit shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the
terms of this Agreement under all circumstances whatsoever, including, without limitation, the following circumstances: 

(i)    Any lack of validity or enforceability of any Loan Document; 

(ii)    Any amendment or waiver of or consent to any departure from any or all of the Loan Documents; 

(iii)    Any improper use which may be made of any Letter of Credit or any improper acts or omissions of
any beneficiary or transferee of any Letter of Credit in connection therewith; 

  
 28 

 (iv)    The existence of any claim, set-off, defense or any right which the Borrower may have at any time against any beneficiary or any transferee of any Letter of Credit (or Persons for whom any such beneficiary or any such transferee may be
acting), any Lender or any other Person, whether in connection with any Letter of Credit, any transaction contemplated by any Letter of Credit, this Agreement, or any other Loan Document, or any unrelated transaction; 

(v)    Any statement or any other documents presented under any Letter of Credit proving to be
insufficient, forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect whatsoever; 

(vi)    The insolvency of any Person issuing any documents in connection with any Letter of Credit; 

(vii)    Any breach of any agreement between the Borrower and any beneficiary or transferee of any Letter
of Credit; 
 (viii)    Any irregularity in the transaction with respect to which any Letter of Credit is
issued, including any fraud by the beneficiary or any transferee of such Letter of Credit; 
 (ix)    Any
errors, omissions, interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, wireless or otherwise, whether or not they are in code; 

(x)    Any act, error, neglect or default, omission, insolvency or failure of business of any of the
correspondents of the Issuing Bank; 
 (xi)    Any other circumstances arising from causes beyond the
control of the Issuing Bank; 
 (xii)    Payment by the Issuing Bank under any Letter of Credit against
presentation of a sight draft or a certificate which does not comply with the terms of such Letter of Credit, provided that such payment shall not have constituted gross negligence or willful misconduct of the Issuing Bank as determined by a
final non-appealable judgment of a court of competent jurisdiction; and 

(xiii)    Any other circumstance or happening whatsoever, whether or not similar to any of the foregoing;

 provided that the foregoing shall not be construed to excuse the Issuing Bank from liability to the Borrower suffered by the Borrower that is
caused by the Issuing Bank’s failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross
negligence or willful misconduct on the part of the Issuing Bank as determined by a final non-appealable judgment of a court of competent jurisdiction, the Issuing Bank shall be deemed to have exercised all
requisite care in each such determination. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which appear on their face to be in substantial compliance with the
terms of a Letter of Credit, the Issuing Bank may, in good faith, either accept and make payment upon such documents without responsibility for further investigation or refuse to accept and make payment upon such documents if such documents are not
in strict compliance with the terms of such Letter of Credit. 

  
 29 

 (g)    [Reserved]. 

(h)    Each Lender shall be responsible (to the extent the Issuing Bank is not reimbursed by the Borrower) for its pro
rata share (based on such Lender’s Revolving Commitment Percentage) of any and all reasonable out-of-pocket expenses (including reasonable attorneys’ fees)
which may be incurred or made by the Issuing Bank in connection with the collection of any amounts due under, the administration of, or the presentation or enforcement of any rights conferred by any Letter of Credit, any Credit Party’s
obligations to reimburse draws thereunder or otherwise. In the event the Borrower shall fail to pay such expenses of the Issuing Bank (to the extent such expenses are required to be reimbursed by the Borrower pursuant to Section 10.2) within
fifteen (15) days of demand for payment by the Issuing Bank, each Lender shall thereupon pay to the Issuing Bank its pro rata share (based on such Lender’s Revolving Commitment Percentage) of such expenses within ten (10) days from
the date of the Issuing Bank’s notice to the Lenders of the Borrower’s failure to pay; provided, however, that if the Borrower shall thereafter pay such expenses, the Issuing Bank will repay to each Lender the amounts
received from such Lender hereunder. 
 (i)    Subject to the appointment and acceptance of a successor issuer below in
the event there is only one Issuing Bank, any Issuing Bank may resign as Issuing Bank upon sixty (60) days’ prior written notice to the Administrative Agent, the Lenders and the Borrower. If any Issuing Bank shall resign as Issuing Bank
under this Agreement, then the Borrower may appoint from among the Lenders a successor issuer of Letters of Credit, whereupon, subject to acceptance of such appointment by such successor issuer, such successor issuer shall succeed to the rights,
powers and duties of such resigning Issuing Bank, and the term “Issuing Bank” shall include such successor issuer effective upon such appointment. At the time such resignation shall become effective, the Borrower shall pay to the resigning
Issuing Bank all accrued fees pursuant to Section 2.5(c)(ii) hereof. The acceptance of any appointment as an Issuing Bank hereunder by a successor Lender shall be evidenced by an agreement entered into by such successor, in a form satisfactory
to the Borrower and the Administrative Agent and, from and after the effective date of such agreement, such successor Issuing Bank shall have all the rights and obligations of the previous Issuing Bank under this Agreement and the other Loan
Documents. In the event there is only one Issuing Bank and none of the other Lenders accepts such appointment within ninety (90) days after any Issuing Bank submitted its notice of resignation, such Issuing Bank’s resignation shall still
be effective if such Issuing Bank determines in good faith that it is either unable or that it is commercially unreasonable for it to continue to issue Letters of Credit hereunder. After the resignation of any Issuing Bank hereunder, the resigning
Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this Agreement and the other Loan Documents with respect to Letters of Credit issued by it prior to such resignation, but
shall not be required to issue additional Letters of Credit. After any retiring Issuing Bank’s resignation as Issuing Bank, the provisions of this Agreement relating to such Issuing Bank shall inure to its benefit as to any actions taken or
omitted to be taken by it (i) while it was Issuing Bank under this Agreement or (ii) at any time with respect to Letters of Credit issued by such Issuing Bank. For the avoidance of doubt, any resignation by an Issuing Bank shall not affect
the Letters of Credit issued by such Issuing Bank prior to such resignation. 
 (j)    Any Issuing Bank which ceases to
be a Lender pursuant to Section 10.12(b) or 10.16 shall also cease to be an Issuing Bank hereunder. 

Section 2.3    Manner of Borrowing and Disbursement of Loans. 

(a)    Choice of Interest Rate, etc. Any Loan (including any initial Loan made on the Closing Date but excluding
Swing Loans) shall, at the option of the Borrower, be made either as a Base Rate Loan or as a Eurodollar Loan; provided, however, that (i) if the Borrower fails to give the Administrative Agent written notice specifying whether a
Eurodollar Loan is to be repaid, continued or converted on a Payment Date, such Eurodollar Loan shall be converted to a Base Rate Loan on the Payment 

  
 30 

 
Date in accordance with Section 2.4(a)(iii) and (ii) the Borrower may not select a Eurodollar Loan (A) with respect to a Loan, the proceeds of which are to reimburse the Issuing
Bank pursuant to Section 2.2 or (B) if, at the time of such Loan or at the time of the continuation of, or conversion to, a Eurodollar Loan pursuant to Section 2.3(c), an Event of Default exists unless the Required Lenders so consent
in writing. Any notice given to the Administrative Agent in connection with a requested Loan hereunder shall be given to the Administrative Agent prior to 12:00 noon (Charlotte, North Carolina time) in order for such Business Day to count toward the
minimum number of Business Days required. 
 (b)    Base Rate Loans. 

(i)    Initial and Subsequent Loans. The Borrower shall give the Administrative Agent in the case of
Base Rate Loans irrevocable notice by telephone not later than 12:00 noon (Charlotte, North Carolina time) on the date of such Loan and shall immediately confirm any such telephone notice with a written Request for Loan; provided,
however, that the failure by the Borrower to confirm any notice by telephone with a written Request for Loan shall not invalidate any notice so given. 

(ii)    Repayments and Conversions. The Borrower may (A) subject to Section 2.6, at any
time without prior notice repay a Base Rate Loan or (B) upon at least three (3) Business Days irrevocable prior written notice to the Administrative Agent in the form of a Notice of Conversion/Continuation, convert all or a portion of any
Base Rate Loan to one or more Eurodollar Loans. Upon the date indicated by the Borrower, such Base Rate Loan shall be so repaid or converted. 

(iii)    Miscellaneous. Notwithstanding any term or provision of this Agreement which may be
construed to the contrary, each Base Rate Loan shall be in an amount of no less than $1,000,000 and in an integral multiple of $100,000 in excess thereof. 

(c)    Eurodollar Loans. 

(i)    Initial and Subsequent Loans. The Borrower shall give the Administrative Agent in the case of
Eurodollar Loans irrevocable notice by telephone not later than 12:00 noon (Charlotte, North Carolina time) three (3) days prior to the date of such Eurodollar Loan and shall immediately confirm any such telephone notice with a written Request
for Loan; provided, however, that the failure by the Borrower to confirm any notice by telephone with a written Request for Loan shall not invalidate any notice so given. 

(ii)    Repayments, Continuations and Conversions. At least three (3) Business Days prior to
each Payment Date for a Eurodollar Loan, the Borrower shall give the Administrative Agent written notice in the form of a Notice of Conversion/Continuation specifying whether all or a portion of such Eurodollar Loan is to be continued as one or more
new Eurodollar Loans and also specifying the new Eurodollar Loan Period applicable to each such new Eurodollar Loan (and subject to the provisions of this Agreement, upon such Payment Date, such Eurodollar Loan shall be so continued). Upon such
Payment Date, any Eurodollar Loan (or portion thereof) not so continued shall be converted to a Base Rate Loan or be repaid. 

(iii)    Miscellaneous. Notwithstanding any term or provision of this Agreement which may be
construed to the contrary, each Eurodollar Loan shall be in an amount of no less than $1,000,000 and in an integral multiple of $1,000,000 in excess thereof, and at no time shall the aggregate number of all Eurodollar Loans then outstanding exceed
eight (8). 

  
 31 

 (d)    Swing Loans. 

(i)    Initial and Subsequent Loans. The Borrower shall give the Swing Bank notice by telephone no
later than 12:00 noon (Charlotte, North Carolina time) on the date on which the Borrower wishes to receive a Swing Loan. If the Swing Bank, in its sole and absolute discretion, elects to make the requested Swing Loan, the Swing Bank shall provide an
interest rate quote to the Borrower. If such interest rate is acceptable to the Borrower, the Borrower shall provide a Request for Loan to the Swing Bank, with a copy to the Administrative Agent, which specifies (i) the amount of the requested
Swing Loan, (ii) the length of the requested Swing Loan (which shall not exceed one week), (iii) the Swing Rate, and (iv) instructions for the disbursement of the proceeds of the Swing Loan; provided, however, that the failure by the
Borrower to confirm any notice by telephone with a written Request for Loan shall not invalidate any notice so given. 
 Each Swing Loan
shall be subject to all the terms and conditions applicable to Revolving Loans, except that all payments thereon shall be payable to the Swing Bank solely for its own account. The Swing Bank shall not make any Swing Loans if the Swing Bank has
received written notice from any Lender (or the Swing Bank has actual knowledge) that one or more applicable conditions precedent set forth in Section 4.2 will not be satisfied (or waived pursuant to the last sentence of Section 4.2) on
the requested Loan date. In the event that the Swing Bank elects to make any requested Swing Loan, the Swing Bank shall make the proceeds of such Swing Loan available to the Borrower pursuant to the disbursement instructions in the applicable
Request for Loan by no later than 2:00 p.m. (Charlotte, North Carolina time) on the date that Borrower requests such Swing Loan. 

(ii)    Repayments and Conversions. The Swing Bank shall notify the Administrative Agent, and the
Administrative Agent shall notify each Lender, each Friday by 3:00 p.m. (Charlotte, North Carolina time) of the amount of all Swing Loans outstanding. Each Lender shall before 12:00 noon (Charlotte, North Carolina time) on the next Business Day make
available to the Administrative Agent, in immediately available funds, the amount of its pro rata share (based on its Revolving Commitment Percentage) of such Swing Loans. Upon such payment by a Lender, such Lender shall be deemed to have made a
Revolving Loan that is a Base Rate Loan, notwithstanding any failure of the Borrower to satisfy the conditions in Section 4.2. The Administrative Agent shall use such funds to repay the Swing Loans to the Swing Bank. Additionally, if at any
time any Swing Loans exist, any of the events described in clauses (g) or (h) of Section 8.1 shall have occurred, then each Lender shall automatically and without any action on the part of the Swing Bank, the Borrower, the Administrative
Agent or the Lenders, be deemed to have purchased an undivided participation in the Swing Loans in an amount equal to such Lender’s Revolving Commitment Percentage and each Lender shall, notwithstanding such Event of Default, immediately pay to
the Administrative Agent for the account of the Swing Bank in immediately available funds, the amount of such Lender’s participation (and upon receipt thereof, the Swing Bank shall deliver to such Lender a loan participation certificate dated
the date of receipt of such funds in such amount). The disbursement of funds in connection with the settlement of Swing Loans hereunder shall be subject to the terms and conditions of Section 2.3(f). 

(e)    Notification of Lenders. Upon receipt of a (i) Request for Loan or a telephone or telecopy request for
Loan, (ii) notification from the Issuing Bank that a draw has been made under any Letter of Credit (unless the Issuing Bank will be reimbursed through the funding of a Swing Loan), or (iii) notice from the Borrower with respect to the
prepayment of any outstanding Eurodollar Loan prior to the 

  
 32 

 
Payment Date for such Loan, the Administrative Agent shall promptly notify each Lender by telephone or telecopy of the contents thereof and the amount of each Lender’s portion of any such
Loan. Each Lender shall, not later than 2:00 p.m. (Charlotte, North Carolina time) on the date specified for such Loan (under clause (i) or (ii) above) in such notice, make available to the Administrative Agent at the Administrative
Agent’s Office, or at such account as the Administrative Agent shall designate, the amount of such Lender’s portion of the Loan in immediately available funds. 

(f)    Disbursement. Prior to 4:00 p.m. (Charlotte, North Carolina time) on the date of a Loan hereunder, the
Administrative Agent shall, subject to the satisfaction of the conditions set forth in Article 4, disburse the amounts made available to the Administrative Agent by the Lenders in like funds by (i) transferring the amounts so made available by
wire transfer to a deposit account maintained by the Borrower with the Administrative Agent or, at the Borrower’s option by effecting a wire transfer of such amounts to another deposit account designated by the Borrower to the Administrative
Agent in a written Request for Loan or (ii) in the case of a Loan the proceeds of which are to reimburse the Issuing Bank pursuant to Section 2.2, transferring such amounts to such Issuing Bank. Unless the Administrative Agent shall have
received notice from a Lender prior to 1:00 p.m. (Charlotte, North Carolina time) on the date of any Loan that such Lender will not make available to the Administrative Agent such Lender’s ratable portion of such Loan, the Administrative Agent
may assume that such Lender has made or will make such portion available to the Administrative Agent on the date of such Loan and the Administrative Agent may, in its sole and absolute discretion and in reliance upon such assumption, make available
to the applicable Borrower or the Issuing Bank, as applicable, on such date a corresponding amount. If and to the extent such Lender shall not have so made such ratable portion available to the Administrative Agent by 1:00 p.m. (Charlotte, North
Carolina time) on the date of any Loan, such Lender agrees to repay to the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to the applicable
Borrower or the Issuing Bank, as applicable, until the date such amount is repaid to the Administrative Agent, (x) for the first two (2) Business Days, at the Federal Funds Rate for such Business Days, and (y) thereafter, at the Base
Rate. If such Lender shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s portion of the applicable Loan for purposes of this Agreement and if both such Lender and the Borrower
shall pay and repay such corresponding amount, the Administrative Agent shall promptly relend to the applicable Borrower such corresponding amount. If such Lender does not repay such corresponding amount immediately upon the Administrative
Agent’s demand therefor, the Administrative Agent shall notify the Borrower and the Borrower shall immediately pay such corresponding amount to the Administrative Agent. The failure of any Lender to fund its portion of any Loan shall not
relieve any other Lender of its obligation, if any, hereunder to fund its respective portion of the Loan on the date of such borrowing, but no Lender shall be responsible for any such failure of any other Lender. 

(g)    Deemed Requests for Loan. Unless payment is otherwise timely made by the Borrower, the becoming due of any
Obligation (other than any Bank Products Obligations) shall be deemed irrevocably to be a Request for Loan on the due date of, and in an aggregate amount required to pay such Obligation (other than any Bank Products Obligations), and the proceeds of
a Revolving Loan that is a Base Rate Loan made pursuant thereto may be disbursed by way of direct payment of the relevant Obligation. The Lenders shall have no obligation to the Borrower to honor any deemed Request for Loan under this
Section 2.3(g) unless, subject to the funding requirements of the Lenders under Sections 2.2(d) and 2.3(b)(ii), all the conditions set forth in Section 4.2 have been satisfied, but, with the consent of the Lenders required under the last
sentence of Section 4.2, may do so in their sole and absolute discretion and without regard to the existence of, and without being deemed to have waived, any Default or Event of Default and without regard to the failure by the Borrower to
satisfy any of the conditions set forth in Section 4.2. No further authorization, direction or approval by the Borrower shall be required for any deemed Request for Loan under this Section 2.3(g). The Administrative Agent shall promptly
provide to the Borrower written notice of any Loan made pursuant to this Section 2.3(g). 

  
 33 

 Section 2.4    Interest. 

(a)    On Loans. Interest on the Loans, subject to Sections 2.4(b) and (c), shall be payable as follows: 

(i)    On Base Rate Loans. Interest on each Base Rate Loan shall be computed on the basis of a
hypothetical year of three hundred sixty (360) days for the actual number of days elapsed and shall be payable quarterly in arrears on the first Business Day of each immediately following calendar quarter and on the Maturity Date (or the date
of any earlier prepayment in full of the Obligations). Interest shall accrue and be payable on each Base Rate Loan at the simple per annum interest rate equal to the sum of (A) the Base Rate and (B) the Applicable Margin for Base Rate
Loans. 
 (ii)    On Eurodollar Loans. Interest on each Eurodollar Loan shall be computed on the
basis of a hypothetical year of three hundred sixty (360) days for the actual number of days elapsed and shall be payable in arrears on (x) the Payment Date, and (y) if the Eurodollar Loan Period is greater than three (3) months,
on the last day of each three (3) month period ending prior to the Payment Date and on the Payment Date. Interest on Eurodollar Loans shall also be payable on the Maturity Date (or the date of any earlier prepayment in full of the Obligations).
Interest shall accrue and be payable on each Eurodollar Loan at a rate per annum equal to the sum of (A) the Eurodollar Basis applicable to such Eurodollar Loan and (B) the Applicable Margin for Eurodollar Loans. 

(iii)    If No Notice of Selection of Interest Rate. If the Borrower fails to give the
Administrative Agent timely notice of its selection of the Base Rate or a Eurodollar Basis, or if for any reason a determination of a Eurodollar Basis for any Loan is not timely concluded, the Base Rate shall apply to such Loan. If the Borrower
fails to elect to continue any Eurodollar Loan prior to the last Payment Date applicable thereto in accordance with the provisions of Section 2.3, as applicable, the Base Rate shall apply to such Loan commencing on and after such Payment Date.

 (iv)    On Swing Loans. Interest on each Swing Loan shall be computed on the basis of a
hypothetical year of three hundred sixty (360) days for the actual number of days elapsed and shall be payable quarterly in arrears on the first Business Day of each immediately following calendar quarter and on the Maturity Date (or the date
of any earlier prepayment in full of the Obligations). Interest shall accrue and be payable on each Swing Loan at the Swing Rate. 

(b)    Upon Default. During the existence of an Event of Default, interest on the Obligations shall, at the written
request of the Required Lenders, accrue at the Default Rate; provided, however, that the Default Rate shall automatically be deemed to have been invoked at all times when the Obligations have been accelerated or deemed accelerated
pursuant to Section 8.2(g) or Section 8.2(h). Interest accruing at the Default Rate shall be payable on demand and in any event on the Maturity Date (or the date of any earlier prepayment in full of the Obligations) and shall accrue until
the earliest to occur of (i) waiver of the applicable Event of Default in accordance with Section 10.12, (ii) agreement by the Required Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the
Obligations. The Lenders shall not be required to (A) accelerate the maturity of the Loans, (B) terminate the Commitments, or (C) exercise any other rights or remedies under the Loan Documents in order to charge interest hereunder at
the Default Rate. 

  
 34 

 (c)    Computation of Interest. In computing interest on any
Loan, the date of making the Loan shall be included and the date of payment shall be excluded; provided, however, that if a Loan is repaid on the date that it is made, one (1) day’s interest shall be due with respect to such
Loan. 
 Section 2.5    Fees. 

(a)    Fee Letters. The Borrower agrees to pay any and all fees that are set forth in any fee letter executed in
connection with this Agreement at the times specified therein. 
 (b)    Commitment Fee. The Borrower agrees to
pay to the Administrative Agent, for the account of the Lenders in accordance with their respective Revolving Commitment Percentages, a commitment fee (“Commitment Fee”) on the amount by which the Revolving Loan Commitment exceeded
the average daily amount of Aggregate Revolving Credit Obligations (other than with respect to any Swing Loans) during the Availability Period, at the per annum rate determined daily in accordance with Annex I. Such Commitment Fee shall be
computed on the basis of a hypothetical year of three hundred sixty (360) days for the actual number of days elapsed, shall be payable in arrears on the first Business Day of each immediately following calendar quarter and, if then unpaid, on
the last day of the Availability Period. 
 (c)    Letter of Credit Fees. 

(i)    The Borrower shall pay to the Administrative Agent for the account of the Lenders, in accordance
with their respective Revolving Commitment Percentages, a fee on the stated amount of each Letter of Credit for each day from the Date of Issue through the expiration date of each Letter of Credit (whether such date is the stated expiration date of
such Letter of Credit at the time of the original issuance thereof or the stated expiration date of such Letter of Credit upon any renewal thereof) at a rate per annum equal to the Applicable Margin in effect from time to time with respect to
Eurodollar Loans plus, at all times when the Default Rate is in effect, 2.00%. Such Letter of Credit fee shall be computed on the basis of a hypothetical year of three hundred sixty (360) days for the actual number of days elapsed, shall be
payable in arrears on the first Business Day of each immediately following calendar quarter and, if then unpaid, on the Maturity Date (or the date of any earlier prepayment in full of the Obligations). 

(ii)    The Borrower shall also pay to the Administrative Agent, for the account of the Issuing Bank,
(A) a fee on the stated amount of each Letter of Credit for each day from the Date of Issue through the stated expiration date of each such Letter of Credit (whether such date is the stated expiration date of such Letter of Credit at the time
of the original issuance thereof or the stated expiration date of such Letter of Credit upon any renewal thereof) at a rate of 0.175% per annum, which fee shall be computed on the basis of a hypothetical year of three hundred sixty (360) days
for the actual number of days elapsed, and (B) any reasonable and customary fees charged by the Issuing Bank for issuance and administration of such Letters of Credit, which fees, in each case, shall be payable in arrears on the first Business
Day of each immediately following calendar quarter and, if then unpaid, on the Maturity Date (or the date of any earlier prepayment in full of the Obligations). 

(d)    [Reserved]. 

(e)    Computation of Fees; Additional Terms Relating to Fees. In computing any fees payable under this
Section 2.5, the first day of the applicable period shall be included and the date of the payment shall be excluded. All fees payable under or in connection with this Agreement and the other Loan Documents shall be deemed fully earned when and
as they become due and payable and, once paid, shall be non-refundable, in whole or in part. 

  
 35 

 Section 2.6    Prepayment/Cancellation of Commitments. 

(a)    Any Base Rate Loan may be repaid in full or in part at any time, without premium, penalty or prior notice; and any
Eurodollar Loan may be prepaid without premium or penalty prior to the Payment Date, upon three (3) Business Days prior written notice to the Administrative Agent, provided, that the Borrower shall reimburse each Lender, to the extent
requested by such Lender, for any loss or reasonable out-of-pocket expense incurred by such Lender in connection with such prepayment, in accordance with
Section 2.10. Each notice of prepayment of any Eurodollar Loan shall be irrevocable, and each prepayment shall include the accrued interest on the amount so prepaid. Upon receipt of any notice of repayment or prepayment, the Administrative
Agent shall promptly notify each Lender of the contents thereof by telephone or telecopy and of such Lender’s portion of the repayment or prepayment. Notwithstanding the foregoing, the Borrower shall not make any repayment or prepayment of the
Revolving Loans unless there are no Swing Loans. Except as provided in Section 2.6(b), any repayment or prepayment of Revolving Loans shall not reduce the Revolving Loan Commitment. 

(b)    The Borrower shall have the right, at any time, upon at least three (3) Business Days prior written notice to
the Administrative Agent, without premium or penalty, to cancel or reduce permanently all or a portion of the Revolving Loan Commitment on a pro rata basis among the Lenders in accordance with their respective Revolving Commitment Percentages;
provided, that (i) any such partial reduction shall be made in an amount not less than (x) $25,000,000 or (y) if the Revolving Loan Commitment is less than $25,000,000 on the date of such partial reduction, the amount of the
Revolving Loan Commitment on such date, (ii) the Revolving Loan Commitment may not be reduced to an amount below the Letter of Credit Obligations (unless the Revolving Loan Commitment is cancelled and the Letter of Credit Obligations are cash
collateralized as set forth below), and (iii) in connection with any partial reduction in the Revolving Loan Commitment, the Letter of Credit Commitment shall be automatically reduced on a pro rata basis with the Revolving Loan Commitment. As
of the date of cancellation or reduction set forth in such notice, the Revolving Loan Commitment shall be permanently canceled or reduced to the amount stated in the Borrower’s notice for all purposes herein, and the Borrower shall immediately
(1) pay to the Administrative Agent for the account of the Lenders the amount necessary to repay in full the Loans or reduce the Loans to not more than the amount of the Revolving Loan Commitment as so reduced, together with accrued interest on
the amount so prepaid and the Commitment Fee set forth in Section 2.5(b) accrued through the date of the reduction, with respect to the amount reduced, or cancellation, (2) reimburse each Lender, to the extent requested by such Lender, for
any loss or out-of-pocket expense incurred by such Lender in connection with such payment in accordance with Section 2.10 and (3) if such cancellation or
reduction results in the Revolving Loan Commitment being less than the Letter of Credit Obligations, secure the Letter of Credit Obligations through the delivery of cash collateral, or, in the sole and absolute discretion of the applicable Issuing
Bank that provided the Letter of Credit in connection with such Letter of Credit Obligations and the Administrative Agent, a “back-stop” letter of credit, in form and substance satisfactory to the applicable Issuing Bank that provided the
Letter of Credit in connection with such Letter of Credit Obligations and the Administrative Agent, in an amount equal to one hundred three percent (103%) of the excess Letter of Credit Obligations. 

(c)    [Reserved]. 

(d)    Upon at least three (3) Business Days’ prior written notice to Administrative Agent, the Borrower may
terminate (on a non-ratable basis) the unused amount of the Revolving Loan Commitment of a Defaulting Lender, and in such event the provisions of Section 2.15 will apply to all amounts thereafter paid by
the Borrower for the account of any such Defaulting Lender under this 

  
 36 

 
Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim that the
Borrower, the Administrative Agent, the Issuing Bank, the Swing Bank or any other Lender may have against such Defaulting Lender. 

Section 2.7    Repayment. 

(a)    The Revolving Loans. The Revolving Loans shall be due and payable in full in cash on the Maturity Date. 

(b)    [Reserved]. 

(c)    Mandatory Repayment. If at any time the Aggregate Revolving Credit Obligations exceeds the Revolving Loan
Commitment, as reduced pursuant to Section 2.6 or otherwise, the Borrower shall immediately repay the Swing Loans and the Revolving Loans in an amount equal to such excess, together with all accrued interest on such excess amount and any
amounts due under Section 2.10. Each prepayment shall be applied as follows: first, to the Swing Loans to the full extent thereof; second, to the Base Rate Loans to the full extent thereof; and third, to the Eurodollar Loans to the full extent
thereof. If, after giving effect to prepayment of all Swing Loans and Revolving Loans, the Aggregate Revolving Credit Obligations exceeds the Revolving Loan Commitment, the Borrower shall Cash Collateralize its reimbursement obligations with respect
to all Letters of Credit in an amount equal to such excess plus any accrued fees thereon. 

Section 2.8    Notes; Loan Accounts. 

(a)    This Agreement evidences the obligation of the Borrower to repay the Loans and it is not necessary for a promissory
note to be issued, however, upon request by any Lender, the Loans may be evidenced by a Revolving Loan Note. 

(b)    The Administrative Agent shall open and maintain on its books in the name of the Borrower a loan account with
respect to the Loans and interest thereon (the “Loan Account”). The Administrative Agent shall debit such Loan Account for the principal amount of each Loan made by it on behalf of the Lenders, accrued interest thereon, and all
other amounts which shall become due from the Borrower pursuant to this Agreement and shall credit the Loan Account for each payment which the Borrower shall make in respect to the Obligations. The records of the Administrative Agent with respect to
such Loan Account shall be conclusive evidence of the Loans and accrued interest thereon, absent manifest error. 

Section 2.9    Manner of Payment. 

(a)    When Payments Due. 

(i)    Each payment (including any prepayment) by the Borrower on account of the principal, interest, fees,
and any other amount owed to any member of the Lender Group under this Agreement or the other Loan Documents shall be made not later than 1:00 p.m. (Charlotte, North Carolina time) on the date specified for payment under this Agreement or any other
Loan Document to the Administrative Agent at the Administrative Agent’s Office, for the account of the Lenders, the Issuing Bank or the Administrative Agent, as the case may be, in Dollars in immediately available funds. Any payment received by
the Administrative Agent after 1:00 p.m. (Charlotte, North Carolina time) shall be deemed received on the next Business Day. In the case of a payment for the account of a Lender, 

  
 37 

 
the Administrative Agent will promptly thereafter distribute the amount so received in like funds to such Lender. In the case of a payment for the account of the Issuing Bank, the Administrative
Agent will promptly thereafter distribute the amount so received in like funds to the Issuing Bank. If the Administrative Agent shall not have received any payment from the Borrower as and when due, the Administrative Agent will promptly notify the
Lenders accordingly. 
 (ii)    Except as provided in the definition of “Eurodollar Loan
Period”, if any payment under this Agreement or any other Loan Document shall be specified to be made on a day which is not a Business Day, it shall be made on the next succeeding day which is a Business Day, and such extension of time shall in
such case be included in computing interest and fees, if any, in connection with such payment. 
 (b)    No
Deduction. 
 (i)    Any and all payments of principal and interest, fees, indemnity or expense
reimbursements, and any other amounts by any Credit Party hereunder or under any other Loan Documents (the “Credit Party Payments”) shall be made without setoff or counterclaim and free and clear of and without deduction for any and
all current or future taxes, levies, imposts, deductions, charges or withholdings with respect to such Credit Party Payments and all interest, penalties or similar liabilities with respect thereto (excluding any Excluded Taxes, collectively,
“Indemnified Taxes”). If any Credit Party shall be required to deduct any Indemnified Taxes from or in respect of any sum payable to any member of the Lender Group hereunder or under any other Loan Document, (x) the sum payable
shall be increased by the amount (an “additional amount”) necessary so that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.9(b)(i)), such member of the
Lender Group shall receive an amount equal to the sum it would have received had no such deductions been made, (y) the applicable Credit Party shall make such deductions, and (z) the applicable Credit Party shall pay the full amount
deducted to the relevant Governmental Authority in accordance with Applicable Law. 
 (ii)    In
addition, the Credit Parties shall pay to the relevant Governmental Authority in accordance with Applicable Law any current or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies that arise from any
payment made hereunder or from the execution, delivery or registration of, or otherwise with respect to, this Agreement or any other Loan Document excluding, however, such taxes, charges or levies imposed as a result of an assignment or
participation (other than an assignment that occurs as a result of a request by the Borrower unless such Lender is being replaced due to its status as a Defaulting Lender) (such taxes being “Other Taxes”). 

(iii)    The Credit Parties shall indemnify the members of the Lender Group for the full amount of
Indemnified Taxes and Other Taxes with respect to Credit Party Payments paid by such Person, and any liability (including penalties, interest and expenses (including reasonable attorney’s fees and expenses)) arising therefrom or with respect
thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally asserted by the relevant Governmental Authority; provided, that the Credit Parties shall not be required to indemnify the Administrative Agent, any
Lender, or the Issuing Bank for any amount pursuant to this Section 2.9(b) incurred more than six months prior to the date the Administrative Agent, such Lender, or such Issuing Bank notifies such Credit Party in writing of such amounts. A
certificate setting forth and containing an explanation in 

  
 38 

 
reasonable detail of the manner in which such amount shall have been determined and the amount of such payment or liability prepared by a member of the Lender Group or the Administrative Agent on
its behalf, absent manifest error, shall be final, conclusive and binding for all purposes. Such indemnification shall be made within thirty (30) days after the date the Administrative Agent or such member, as the case may be, makes written
demand therefor. If, in the reasonable determination of the Credit Parties, any such Indemnified Taxes or Other Taxes are incorrectly or illegally imposed or asserted by the relevant Governmental Authority, the members of the Lender Group shall, at
the Credit Parties’ expense, use commercially reasonable efforts to cooperate with the Credit Parties to recover such Indemnified Taxes or Other Taxes, provided that no Lender Group member shall be required to do so if doing so would
place such Lender Group member in a less favorable net after-tax position than such Lender Group member would otherwise have been in. If any Indemnified Taxes or Other Taxes for which the Administrative Agent
or any member of the Lender Group has received indemnification from a Credit Party hereunder shall be finally determined to have been incorrectly or illegally asserted and are refunded to the Administrative Agent or such member, the Administrative
Agent or such member, as the case may be, shall promptly forward to the applicable Credit Party any such refunded amount (after deduction of any Indemnified Tax or Other Tax paid or payable by any member of the Lender Group as a result of such
refund), not exceeding the increased amount paid by the applicable Credit Party pursuant to this Section 2.9(b). 

(iv)    Each Lender and Issuing Bank shall severally indemnify the Administrative Agent, within ten
(10) days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender or Issuing Bank (but only to the extent that a Credit Party has not already indemnified the Administrative Agent for such Indemnified Taxes and
without limiting the obligation of any Credit Party to do so), (ii) any taxes attributable to such Lender’s failure to maintain a Participant Register as required by Section 10.5 and (iii) any Excluded Taxes attributable to such
Lender or Issuing Bank, in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document and any reasonable expenses arising therefrom or with respect thereto, whether or not such taxes were correctly or
legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender or Issuing Bank by the Administrative Agent or the Borrower, as applicable, shall be conclusive
absent manifest error. Each Lender and Issuing Bank hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or Issuing Bank under any Loan Document or otherwise payable by the
Administrative Agent to the Lender or Issuing Bank from any other source against any amount due to the Administrative Agent under this paragraph (iv). 

(v)    As soon as practicable after the date of any payment of Indemnified Taxes or Other Taxes by a Credit
Party to the relevant Governmental Authority, the applicable Credit Party will deliver to the Administrative Agent, at its address, the original or a certified copy of a receipt issued by such Governmental Authority evidencing payment thereof. 

(vi)    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. 

  
 39 

 
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 Sections 2.9(b)(vi)(A)- (C) 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. Without limiting the generality of the foregoing: 

(A)    On or prior to the Closing Date (or, in the case of any Lender that becomes a party to this
Agreement pursuant to an Assignment and Acceptance or pursuant to Section 2.16 or 2.17, on or prior to the effective date of such Assignment and Acceptance or joinder pursuant to Section 2.16 or 2.17, each Lender which is organized in a
jurisdiction other than the United States or a political subdivision thereof (a “Foreign Lender”) shall provide each of the Administrative Agent and the Borrower with either (A) two (2) properly executed originals of Form W-8ECI, Form W-8BEN, and Form W-8BEN-E (or any successor forms) prescribed by the Internal
Revenue Service or other documents satisfactory to the Borrower and the Administrative Agent, as the case may be, certifying (1) as to such Foreign Lender’s status for purposes of determining exemption from United States withholding taxes
with respect to all payments to be made to such Foreign Lender hereunder and under any other Loan Documents or Bank Products Documents or (2) that all payments to be made to such Foreign Lender hereunder and under any other Loan Documents and
Bank Products Documents are subject to such taxes at a rate reduced to zero by an applicable tax treaty, or (B)(1) a certificate executed by such Lender certifying that such Lender is not a “bank” and that such Lender qualifies for the
portfolio interest exemption under Section 881(c) of the Code, and (2) two (2) properly executed originals of Internal Revenue Service Form W-8BEN or Form W-8BEN-E (or any successor form), in each case, certifying such Lender’s entitlement to an exemption from United States withholding tax with respect to payments of interest to be made hereunder or under
any other Loan Documents or Bank Products Documents. 
 (B)    Any Lender that is a U.S. Person shall
deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent),
executed copies of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax. Each such Lender agrees to provide the Administrative Agent and the Borrower with new forms
prescribed by the Internal Revenue Service upon the expiration or obsolescence of any previously delivered form, or after the occurrence of any event requiring a change in the most recent forms delivered by it to the Administrative Agent and the
Borrower. 
 (C)    In addition, if a payment made to a Lender, Administrative Agent, or Issuing Bank
(and, in each case, any financial institution through which any payment is made subject to such recipient) under any Loan Document would be subject to United States federal withholding imposed by FATCA if such Lender, Administrative Agent, or
Issuing Bank were to fail to comply with the applicable reporting requirements of FATCA, such Lender, Administrative Agent, or Issuing Bank shall deliver to the Administrative Agent and the Borrower such forms or other documents as shall be
prescribed by 

  
 40 

 
Applicable Law, if any, or as otherwise reasonably requested, as may be necessary for the Administrative Agent or the Borrower, as applicable, to determine that such payment is exempt from
withholding under FATCA. 
 (vii)    The Credit Parties shall not be required to indemnify any Lender, or
to pay any additional amounts to such Lender pursuant to Section 2.9(b)(i) or (b)(iii) above to the extent that the obligation to withhold amounts with respect to United States Federal, state or local withholding tax existed on the date such
Lender became a party to this Agreement (or, in the case of an assignee, on the effective date of the Assignment and Acceptance pursuant to which such assignee became a Lender) or, with respect to payments to a new lending office, the date such
Lender designated such new lending office; provided, however, that this clause shall not apply to any Lender that became a Lender or new lending office that became a new lending office as a result of an assignment or designation made
at the request of the Borrower; and provided further, however, that this clause shall not apply to the extent the indemnity payment or additional amounts, if any, that any member of the Lender Group through a new lending office
would be entitled to receive (without regard to this clause) do not exceed the indemnity payment or additional amounts that the Person making the assignment or transfer to such member of the Lender Group making the designation of such new lending
office would have been entitled to receive in the absence of such assignment, transfer or designation. 

(viii)    Nothing contained in this Section 2.9(b) shall require any member of the Lender Group to
make available to any Credit Party any of its tax returns (or any other information) that it deems confidential or proprietary. 

(ix)    If any member of the Lender Group determines, in its sole discretion exercised in good faith, that
it has received a refund of any Indemnified Taxes as to which it has been indemnified pursuant to this Section 2.9(b) (including additional amounts paid pursuant to this Section 2.9(b)), it shall pay to the indemnifying party an amount
equal to such refund (but only to the extent of indemnity payments made under this Section 2.9(b) with respect to the Indemnified Taxes giving rise to such refund), net of all
out-of-pocket expenses (including any Indemnified Taxes) of such member of the Lender Group and without interest (other than any interest paid by the relevant
Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this Section 2.9(b)(ix) (plus any penalties,
interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this
Section 2.9(b)(ix), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this Section 2.9(b)(ix) the payment of which would place the indemnified party in a less favorable net after-tax position than the indemnified party would have been in if the tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification
payments or additional amounts with respect to such tax had never been paid. This paragraph shall not be construed to require any indemnified party to make available its tax returns (or any other information relating to its Indemnified Taxes that it
deems confidential) to the indemnifying party or any other Person. 
 Section 2.10    Reimbursement.
Whenever any Lender shall sustain or incur any losses or out-of-pocket expenses as a result of (a) failure by the Borrower to borrow or continue any Eurodollar
Loan, or convert any Base Rate Loan to a Eurodollar Loan, in each case, after having given notice of its intention to 

  
 41 

 
do so in accordance with Section 2.3 (whether by reason of the election of the Borrower not to proceed or the non-fulfillment of any of the conditions
set forth in this Agreement), or (b) prepayment of any Eurodollar Loan in whole or in part for any reason other than at the end of the applicable Eurodollar Loan Period for such Eurodollar Loan or (c) failure by the Borrower to prepay any
Eurodollar Loan after giving notice of its intention to prepay such Eurodollar Loan, the Borrower agrees to pay to such Lender, promptly upon such Lender’s demand therefor, an amount sufficient to compensate such Lender for all such losses and out-of-pocket expenses. Such Lender’s good faith determination of the amount of such losses and
out-of-pocket expenses, absent manifest error, shall be binding and conclusive. Losses subject to reimbursement hereunder shall include, without limitation, expenses
incurred by any Lender or any participant of such Lender permitted hereunder in connection with the re-deployment of funds prepaid, repaid, not borrowed, or paid, as the case may be, over the remainder of the
Eurodollar Loan Period for such prepaid Loan. For purposes of calculating amounts payable to a Lender under this paragraph, each applicable Lender shall be deemed to have actually funded its relevant Eurodollar Loan through the purchase of a deposit
bearing interest at the Eurodollar Rate in an amount equal to the amount of that Eurodollar Loan and having a maturity and repricing characteristics comparable to the relevant Eurodollar Loan Period; provided, however, that each
applicable Lender may fund each of its Eurodollar Loans in any manner it sees fit, and the foregoing assumption shall be utilized only for the calculation of amounts payable under this Section. 

Section 2.11    Pro Rata Treatment. 

(a)    Loans. Each Loan under the Revolving Loan Commitment shall be made pro rata by the Lenders on the basis of
the respective Revolving Commitment Percentages. 
 (b)    Payments. Each payment and prepayment of the Loans,
and each payment of interest on the Loans received from the Borrower, shall be made by the Administrative Agent to the Lenders pro rata on the basis of their respective Revolving Commitment Percentages (except (i) in cases when a Lender’s
right to receive payments is restricted pursuant to Section 2.15 and (ii) as permitted by Sections 2.6(d) and 2.16). If any Lender shall obtain any payment (whether involuntary, through the exercise of any right of set-off or otherwise) on account of the Loans in excess of its ratable share of Loans based on its Revolving Commitment Percentage (or in violation of any restriction set forth in Section 2.15), such Lender
shall forthwith purchase from the other Lenders such participations in the Loans made by them as shall be necessary to cause such purchasing Lender to share the excess payment ratably with each of them; provided, however, that if all
or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the purchasing Lender the purchase price to the extent of such recovery
without interest thereon unless the Lender obligated to repay such amount is required to pay interest. The Borrower agrees that any Lender so purchasing a participation from another Lender pursuant to this Section 2.11(b) may, to the fullest
extent permitted by law, exercise all its rights of payment (including the right of set-off) with respect to such participation as fully as if such Lender were the direct creditor of the Borrower in the amount
of such participation. 
 Section 2.12    Application of Payments. 

(a)    Prior to the exercise of remedies pursuant to Section 8.2, including acceleration of the Obligations, all
amounts received by the Administrative Agent from the Borrower (other than payments specifically earmarked for application to certain principal, interest, fees or expenses hereunder or payments made pursuant to Section 2.7(c) (which shall be
applied as earmarked or, with respect to payments under Section 2.7(c), as set forth in Section 2.7(c)) shall be distributed by the Administrative Agent in the following order of priority: 

FIRST, to the payment of out-of-pocket expenses (including,
without limitation, reasonable attorneys’ fees) of the Administrative Agent with respect to enforcing the rights of the Lenders under the Loan Documents, in each case to the extent required to be reimbursed by the Borrower pursuant to
Section 10.2; 

  
 42 

 SECOND, to the payment of any fees owed to the Administrative Agent, the Issuing Bank or the
Swing Bank under the Loan Documents; 
 THIRD, to the payment of all accrued fees and interest payable to the Lenders under this Agreement;

 FOURTH, to the payment of principal then due and payable on the Swing Loans; 

FIFTH, to the payment of principal then due and payable on the Revolving Loans;  

SIXTH, to the payment of the Bank Products Obligations then due and payable; 

SEVENTH, to the payment of all other Obligations not otherwise referred to in this Section 2.12(a) then due and payable; and 

EIGHTH, upon satisfaction in full of all Obligations, to the applicable Credit Party or such other Person who may be lawfully entitled thereto.

 (b)    Notwithstanding anything in this Agreement or any other Loan Documents which may be construed to the contrary,
subsequent to the exercise of remedies pursuant to Section 8.2, including acceleration of the Obligations, payments and prepayments with respect to the Obligations made to the Administrative Agent for the benefit of the Lenders, the Lender
Group, or any of them, or otherwise received by any member of the Lender Group shall be distributed in the following order of priority (subject to Section 2.11): 

FIRST, to the payment of out-of-pocket expenses (including
without limitation indemnification and reasonable attorneys’ fees) of the Administrative Agent with respect to enforcing the rights of the Lenders under the Loan Documents, in each case to the extent required to be reimbursed by the Borrower
pursuant to Section 10.2; 
 SECOND, to the payment of any fees owed to the Administrative Agent, the Issuing Bank or the Swing Bank
under the Loan Documents; 
 THIRD, to the payment of
out-of-pocket expenses (including without limitation indemnification and reasonable attorneys’ fees) of the Lenders with respect to enforcing their rights under the
Loan Documents, in each case to the extent required to be reimbursed by the Borrower pursuant to Section 10.2; 
 FOURTH, to the payment
of all accrued fees and interest payable to the Lenders under this Agreement; 
 FIFTH, to the payment of the principal of the Swing Loans
then outstanding; 
 SIXTH, pro rata, to (i) the payment of principal on the Revolving Loans; (ii) the Letter of Credit Reserve
Account to the extent of one hundred three percent (103%) of any Letter of Credit Obligations; and (iii) to the Bank Products Obligations; provided, however, that no proceeds realized from any Guaranty of a Credit Party who is not
a Qualified ECP Guarantor shall be applied to the payment of Hedge Obligations; 

  
 43 

 SEVENTH, to any other Obligations not otherwise referred to in this Section 2.12(b);
and 
 EIGHTH, upon satisfaction in full of all Obligations, to the applicable Credit Party or such other Person who may be lawfully entitled
thereto. 
 Section 2.13    All Obligations to Constitute One Obligation. All Obligations shall constitute
one general obligation of the Borrower. 
 Section 2.14    Maximum Rate of Interest. The Borrower and the
Lender Group hereby agree and stipulate that the only charges imposed upon the Borrower for the use of money in connection with this Agreement are and shall be the specific interest and fees described in this Article 2 and in any other Loan
Document. Notwithstanding the foregoing, the Borrower and the Lender Group further agree and stipulate that all closing fees, agency fees, syndication fees, facility fees, underwriting fees, default charges, late charges, funding or
“breakage” charges, increased cost charges, attorneys’ fees and reimbursement for costs and expenses paid by any member of the Lender Group to third parties or for damages incurred by the Lender Group, or any of them, are charges to
compensate the Lender Group for underwriting and administrative services and costs or losses performed or incurred, and to be performed and incurred, by the Lender Group in connection with this Agreement and the other Loan Documents and shall under
no circumstances be deemed to be charges for the use of money pursuant to any Applicable Law. In no event shall the amount of interest and other charges for the use of money payable under this Agreement exceed the maximum amounts permissible under
any law that a court of competent jurisdiction shall, in a final determination, deem applicable. The Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and other
charges for the use of money and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if the amount of such interest and other charges for the use of money or manner of
payment exceeds the maximum amount allowable under Applicable Law, then, ipso facto as of the Closing Date, the Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from the
Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Loans to the extent of such excess. 

Section 2.15    Defaulting Lenders. 

(a)    Cash Collateral. 

(i)    At any time that there shall exist a Defaulting Lender, within three (3) Business Days
following the written request of the Administrative Agent or the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Letter of Credit Obligations in an amount equal to the portion of such Letter of Credit
Obligations with respect to such Defaulting Lender (determined after giving effect to Section 2.15(b)(v) and any cash collateral provided by such Defaulting Lender) in an amount not less than 103% of the portion of the
Letter of Credit Obligations of such Defaulting Lender. 
 (ii)    The Borrower, and to the extent
provided by any Defaulting Lender, such Defaulting Lender, hereby grants to the Administrative Agent, for the benefit of the Issuing Bank, and agrees to maintain, a first priority security interest in all such cash collateral as security for the
Defaulting Lender’s obligation to fund participations in respect of Letters of Credit, to be applied pursuant to clause (iii) below. If at any time the Administrative 

  
 44 

 
Agent determines that such cash collateral is subject to any right or claim of any Person other than the Administrative Agent and the Issuing Bank as herein provided, or that the total amount of
such cash collateral is less than the minimum amount required pursuant to clause (i) above, the Borrower will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional cash collateral in an amount
sufficient to eliminate such deficiency (after giving effect to any cash collateral provided by the Defaulting Lender). 

(iii)    Notwithstanding anything to the contrary contained in this Agreement, cash collateral provided
under this Section 2.15(a) or Section 2.15(b) in respect of Letters of Credit shall be applied to the satisfaction of the Defaulting Lender’s obligation to fund participations in respect of Letters of Credit or Letter of Credit
Obligations (including, as to cash collateral provided by a Defaulting Lender, any interest accrued on such obligation) for which the cash collateral was so provided, prior to any other application of such property as may otherwise be provided for
herein. 
 (iv)    Cash collateral (or the appropriate portion thereof) provided to secure any Letter of
Credit Obligations shall no longer be required pursuant to this Section 2.15(a) following the earliest to occur of (A) the elimination of the applicable Letter of Credit Obligations (including by the termination of Defaulting Lender status
of the applicable Lender), (B) the determination by the Administrative Agent and the Issuing Bank that there exists excess cash collateral and (C) the determination that the applicable Defaulting Lender is no longer a Defaulting Lender;
provided that, subject to Section 2.15(b) through (d) the Person providing cash collateral and each Issuing Bank may agree that cash collateral shall be held to support future anticipated Letter of Credit Obligations or other
obligations. 
 (b)    Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this
Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: 

(i)    Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with
respect to this Agreement shall be restricted as set forth in the definition of “Required Lenders” and in Section 10.12. 

(ii)    Any payment of principal, interest, fees or other amounts received by the Administrative Agent for
the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Section 2.12 or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to Section 10.4 shall be applied at such
time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any
amounts owing by such Defaulting Lender to the Issuing Bank or Swing Bank hereunder; third, to Cash Collateralize the Letter of Credit Obligations with respect to such Defaulting Lender in accordance with Section 2.15(a); fourth,
as the Borrower may request (so long as no Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative
Agent; fifth, if so determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to
Loans under this Agreement and (y) Cash Collateralize future Letter of Credit Obligations with respect to 

  
 45 

 
such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with Section 2.15(a); sixth, to the payment of any amounts owing to the
Lenders, the Issuing Bank or the Swing Bank as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the Issuing Bank or the Swing Bank against such Defaulting Lender as a result of such Defaulting Lender’s
breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a court of competent jurisdiction obtained by the
Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction;
provided that if (x) such payment is a payment of any Loans or Letter of Credit Obligations in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made or the related Letters
of Credit were issued at a time when the conditions set forth in Section 4.2 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and Letter of Credit Obligations owed to, all
Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or Letter of Credit Obligations owed to, such Defaulting Lender until such time as all Loans and funded and
unfunded participations in Letter of Credit Obligations and Swing Loans are held by the Lenders pro rata in accordance with the Revolving Loan Commitments without giving effect to sub-section (iv) below.
Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post cash collateral pursuant to this Section 2.15(b)(ii) shall be deemed paid to and
redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 
 (iii)    No
Defaulting Lender shall be entitled to receive any Commitment Fee pursuant to Section 2.5 for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been
required to have been paid to that Defaulting Lender). Each Defaulting Lender shall be entitled to receive Letter of Credit fees pursuant to Section 2.5(c) for any period during which that Lender is a Defaulting Lender only to the extent
allocable to its Revolving Commitment Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.15(a). 

(iv)    With respect to any Commitment Fee or Letter of Credit fee not required to be paid to any
Defaulting Lender pursuant to clause (iii) above, the Borrower shall (x) pay to each Non-Defaulting Lender that portion of any Commitment Fee or Letter of Credit fee otherwise payable to such
Defaulting Lender with respect to such Defaulting Lender’s participation in Letters of Credit or Swing Loans that has been reallocated to such Non-Defaulting Lender pursuant to clause (v) below, (y)
to the extent any portion of such Defaulting Lender’s participation in Letters of Credit or Swing Loans cannot be so reallocated, pay to each Issuing Bank and Swing Bank, as applicable, the amount of any Commitment Fee or Letter of Credit fee
otherwise payable to such Defaulting Lender to the extent allocable to such Issuing Bank’s or Swing Bank’s Fronting Exposure to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such Commitment Fee or
Letter of Credit fee. 
 (v)    All or any part of such Defaulting Lender’s participation in Letters
of Credit and Swing Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective pro rata shares (based on its Revolving Commitment Percentage) of the Revolving Loan
Commitment (calculated without regard to such 

  
 46 

 
Defaulting Lender’s portion of the Revolving Loan Commitment) but only to the extent that such reallocation does not cause the Revolving Credit Obligations of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s portion of the Revolving Loan Commitment. Subject to Section 10.23, no reallocation hereunder shall
constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a
result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(vi)    If the reallocation described in clause (v) above cannot, or can only partially, be effected,
the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swing Loans in an amount equal to the Swing Loans with respect to such Defaulting Lender and (y) second, Cash
Collateralize the Letter of Credit Obligations with respect to such Defaulting Lender in accordance with the procedures set forth in Section 2.15(a). 

(c)    Defaulting Lender Cure. If the Borrower and the Administrative Agent agree in writing that a Lender is no
longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect to any
cash collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded
and unfunded participations in Letters of Credit and Swing Loans to be held pro rata by the Lenders in accordance with the Revolving Loan Commitments (without giving effect to Section 2.15(b)(v), whereupon such Lender will cease to be a
Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that
except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a
Defaulting Lender. 
 (d)    New Swing Loans/Letters of Credit. So long as any Lender is a Defaulting Lender,
(i) the Swing Bank shall not be required to fund any Swing Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swing Loan and (ii) no Issuing Bank shall be required to issue, extend, renew or
increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. 

Section 2.16    Extension of Maturity Date. 

(a)    After the first anniversary of the Closing Date, but at least forty-five (45) days prior to the Maturity Date
then in effect, the Borrower may, by written notice to the Administrative Agent, request that the Maturity Date then in effect be extended by one calendar year, effective as of a date selected by the Borrower (the “Extension Effective
Date”); provided, that (i) the Borrower may only make one such request in any calendar year and no more than two such requests during the term of this Agreement and (ii) the Extension Effective Date shall be at least
forty-five (45) days, but not more than sixty (60) days, after the date such extension request is received by the Administrative Agent (the “Extension Request Date”). Upon receipt of the extension request, the
Administrative Agent shall promptly notify each Lender of such request. If a Lender agrees, in its sole discretion, to so extend the Maturity Date applicable to its Revolving Loan Commitment (an “Extending Lender”), it shall deliver
to the Administrative Agent a written notice of its agreement to do so no later than fifteen (15) days after the Extension Request Date (or such later date to which the Borrower and the Administrative Agent shall agree), and the Administrative
Agent shall promptly thereafter notify the Borrower of such Extending Lender’s agreement to extend the Maturity Date 

  
 47 

 
applicable to such Lender’s Revolving Loan Commitment (and such agreement shall be irrevocable). The Revolving Loan Commitment of any Lender that fails to accept or respond to the
Borrower’s request for an extension of the Maturity Date (a “Declining Lender”) shall be terminated on the Maturity Date then in effect for such Lender (without regard to any extension by other Lenders) and on such Maturity
Date the Borrower shall pay in full the Revolving Loans owing to such Declining Lender, together with all accrued interest thereon and all accrued Commitment Fees and Letter of Credit fees owing to such Declining Lender under this Agreement and (to
the extent that such Declining Lender shall cease to be a Lender under this Agreement as of such date) all other amounts due to such Declining Lender under this Agreement. 

(b)    The Administrative Agent shall promptly notify each Extending Lender of the aggregate Revolving Loan Commitments of
the Declining Lenders. Each Extending Lender may offer to increase its respective Revolving Loan Commitment by an amount not to exceed the aggregate amount of the Declining Lenders’ Revolving Loan Commitments, and such Extending Lender shall
deliver to the Administrative Agent a notice of its offer to so increase its Revolving Loan Commitment no later than thirty (30) days after the Extension Request Date (or such later date to which the Borrower and the Administrative Agent shall
agree), and such offer shall be irrevocable. To the extent the aggregate amount of additional Revolving Loan Commitments that the Extending Lenders offer pursuant to the preceding sentence exceeds the aggregate amount of the Declining Lenders’
Revolving Loan Commitments, such additional Revolving Loan Commitments shall be reduced on a pro rata basis. To the extent the aggregate amount of Revolving Loan Commitments that the Extending Lenders have so offered to extend is less than the
aggregate amount of Revolving Loan Commitments that the Borrower has so requested to be extended, the Borrower shall have the right to seek additional Revolving Loan Commitments from other Eligible Assignees. Once the Borrower has obtained offers to
provide the full amount of any Declining Lender’s Commitments (whether from Extending Lenders or other Persons), the Borrower shall have the right but not the obligation to require any Declining Lender to (and any such Declining Lender shall)
assign in full its rights and obligations under this Agreement to one or more Eligible Assignees (which may be, but need not be, one or more of the Extending Lenders) which at the time agree to, in the case of any such Person that is an Extending
Lender, increase its Revolving Loan Commitment and in the case of any other such Person (a “New Lender”) become a party to this Agreement; provided that (i) such assignment is otherwise in compliance with
Section 10.5, (ii) such Declining Lender receives payment in full of the Revolving Loans owing to such Declining Lender, together with all accrued interest thereon and all Commitment Fees and Letter of Credit fees accrued under this Agreement
and (to the extent that such Declining Lender shall cease to be a Lender under this Agreement as of such date) all other amounts due to such Declining Lender under this Agreement and (iii) any such assignment shall be effective on the date on
or before such Extension Effective Date as may be specified by the Borrower and agreed to by the respective New Lenders and Extending Lenders, as the case may be, and the Administrative Agent. 

(c)    If, but only if, Extending Lenders and New Lenders, as the case may be, with aggregate Revolving Commitment
Percentages greater than 50% have agreed to extend the Maturity Date and the conditions precedent in Section 4.2 are met, the Maturity Date in effect with respect to the Revolving Loan Commitments of such Extending Lenders and New Lenders shall
be extended by twelve (12) months. 
 Section 2.17    Incremental Revolving Loan Commitment. 

(a)    Request for Increase. Provided that no Default or Event of Default shall have occurred and be continuing at
such time or would result therefrom, upon written notice (the “Increase Notice”) to the Administrative Agent (which shall promptly notify the Lenders and provide the Lenders with a copy of the Increase Notice), the Borrower may, at
any time, request up to four (4) increases in the Revolving Loan Commitment in an amount not less than $25,000,000 per increase and not more than $500,000,000 in the aggregate. The Borrower (in consultation with the Administrative Agent) shall
specify in the Increase Notice (A) the time period within which each Lender is requested to respond (which shall 

  
 48 

 
in no event be less than ten (10) Business Days from the date on which the Increase Notice was provided to such Lenders by the Administrative Agent); (B) the amount of the requested increase
in the Revolving Loan Commitment; and (C) the date on which such increase is requested to become effective. For the avoidance of doubt, the parties hereto acknowledge and agree that any increase in the Revolving Loan Commitment provided
pursuant to this Section 2.17 shall be deemed to be Revolving Loan Commitments made hereunder and shall have the same terms and conditions as the existing Revolving Loan Commitments hereunder including, without limitation, the same Maturity
Date and Applicable Margin. 
 (b)    Lender Elections to Increase. None of the Lenders nor the Issuing Bank
shall have any obligation to provide any additional amounts requested by the Borrower. If any Lender wishes to increase its portion of the Revolving Loan Commitment, such Person must provide to the Administrative Agent, within the time period
specified in the Increase Notice, a written commitment for the amount of such Lender’s requested allocation of the additional portion of the Revolving Loan Commitment specified in the Increase Notice. Any Lender that does not provide its
written commitment within the time period specified in the Increase Notice shall be deemed to have declined to increase its portion of the Revolving Loan Commitment. 

(c)    Notification by Administrative Agent; Additional Lenders. The Administrative Agent shall notify the Borrower
and each Lender of the Lenders’ responses to each request under Section 2.17(b). If the aggregate increase provided by the existing Lenders is less than the requested increase, subject to the approval of the Administrative Agent (such
approval not to be unreasonably withheld), the Borrower may invite additional Eligible Assignees to become Lenders, pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel. 

(d)    Effective Date and Allocations. If the Revolving Loan Commitment is increased in accordance with this
Section 2.17, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase, but in no event will the allocation be greater than the
participating Lender’s Revolving Commitment Percentage without such Lender’s consent. The Administrative Agent shall promptly notify the Borrower and the Lenders, including any proposed new lenders, of the final allocation of such increase
and the Increase Effective Date. From and after the Increase Effective Date, subject to the satisfaction of the conditions specified in Section 2.17(e) below, the Revolving Loan Commitment shall be increased and the new lenders shall be Lenders
for all purposes under this Agreement. On the Increase Effective Date, the Borrower, each Lender that is increasing its portion of the Revolving Loan Commitment, each additional Eligible Assignee that is becoming an additional Lender and the Credit
Parties shall execute and deliver to the Administrative Agent such documentation as the Administrative Agent shall reasonably specify (including any Assignments and Acceptances and new or replacement Revolving Loan Notes, as requested by the
Lenders) to give effect to any such increase in the Revolving Loan Commitment. This Agreement shall be deemed amended to the extent (but only to the extent) necessary to increase the Revolving Loan Commitment in accordance with this
Section 2.17. 
 (e)    Conditions to Effectiveness of Increase. As a condition precedent to such increase,
all conditions precedent in Section 4.2 must be satisfied and the Borrower shall deliver to the Administrative Agent a certificate of each Credit Party (A) dated as of the Increase Effective Date (with sufficient copies for each Lender if
requested by the Administrative Agent) signed by a Financial Officer of the Borrower approving or consenting to such increase, (B) certifying that (1) the resolutions authorizing such increase are true, correct, and effective as of the
Increase Effective Date and, before and after giving effect to such increase, the representations and warranties contained in Article 5 and the other Loan Documents are true and correct in all material respects on and as of the Increase Effective
Date, except to the extent that such representations and warranties expressly relate solely to an earlier date in which case such representations and warranties shall have been true and correct in all material respects on and as of such earlier
date, and 

  
 49 

 
except that for purposes of this Section 2.17, the representations and warranties contained in Section 5.1(i) shall be deemed to refer to the most recent statements furnished pursuant
to Sections 6.1 or 6.2, (2) no Default or Event of Default exists and is continuing, and (3) both before and after giving effect to such increase, as evidenced by a Compliance Certificate, the Borrower is in compliance with the Financial
Covenant for the four (4) fiscal quarter period immediately preceding the Increase Effective Date for which financial statements for the Borrower have been delivered pursuant to Sections 6.1 or 6.2. The Borrower shall, at the request of the
Administrative Agent, deliver such opinions of counsel as the Administrative Agent may request in its reasonable discretion. In the event of an increase in the Revolving Loan Commitment in accordance with this Section 2.17, the Borrower shall
prepay any Revolving Loans outstanding on the Increase Effective Date to the extent necessary to keep the outstanding Revolving Loans ratable with any revised Revolving Commitment Percentages arising from any nonratable increase in the Lenders’
respective portions of the Revolving Loan Commitment under this Section (and Borrower shall be liable for any costs under Section 2.10 to the extent requested by a Lender in accordance with Section 2.10). 

(f)    The parties hereto hereby acknowledge and agree that any increase in the Revolving Loan Commitment in accordance
with this Section 2.17 shall not increase the Letter of Credit Commitment. 
 (g)    This Section 2.17 shall
supersede any provisions in Section 2.11 to the contrary. 
 ARTICLE 3 

[RESERVED] 
 ARTICLE 4 

CONDITIONS PRECEDENT 

Section 4.1    Conditions Precedent to Effectiveness. The obligations of the Lenders to make Loans, and the
obligation of the Issuing Bank to issue any Letter of Credit, are subject to the fulfillment of each of the following conditions on or before September 10, 2020: 

(a)    The Administrative Agent shall have received each of the following, in form and substance satisfactory to the
Lender Group: 
 (i)    This Agreement duly executed by the Borrower, the Lenders, and the Administrative
Agent; 
 (ii)    Any Revolving Loan Notes requested by any Lender duly executed by the Borrower; 

(iii)    Customary legal opinions of Womble Bond Dickinson (US) LLP, counsel to the Credit Parties, as well
as any local counsel to the Credit Parties (if reasonably requested by the Administrative Agent), addressed to the Lender Group, covering the transactions contemplated by the Loan Documents; 

(iv)    If Loans are to be made on the Closing Date, a duly executed Request for Loan with disbursement
instructions attached thereto; 

  
 50 

 (v)    A certificate signed by an Authorized Signatory
of each Credit Party, including a certificate of incumbency with respect to each Authorized Signatory of such Person, together with appropriate attachments which shall include the following: (A) a copy of the certificate of incorporation or
formation, articles of organization, or similar organizational document of such Person certified to be true, complete and correct by the Secretary of State (or relevant equivalent office) of the State of such Person’s incorporation or
formation, (B) a true, complete and correct copy of the bylaws, operating agreement, partnership agreement, limited liability company agreement, or similar organizational document of such Person, (C) a true, complete and correct copy of
the resolutions (including, without limitation, board resolutions and shareholder resolutions, as applicable) of such Person authorizing the execution, delivery and performance by such Person of the Loan Documents, and with respect to the Borrower,
authorizing the borrowings hereunder, and (D) certificates of good standing, existence, or similar appellation from each jurisdiction in which such Person is organized and, to the extent failure to be so qualified in any other jurisdiction
could reasonably be expected to have a Materially Adverse Effect, foreign qualifications in those jurisdictions in which such Person is required to be qualified to do business; provided that if a document referenced in clause (A) or (B)
was delivered in connection with the Prior Credit Agreement or not required to be delivered in connection with the Prior Credit Agreement, then delivery of such document shall not be required so long as the applicable Credit Party delivers an
officer’s certificate certifying that no changes have been made to such document, and such document remains in full force and effect; 

(vi)    An officer’s certificate executed by a Financial Officer of the Borrower certifying
(A) the solvency of the Credit Parties, taken as a whole, as of the Closing Date, (B) that as of the Closing Date, both before and after the effectiveness of this Agreement and the other Loan Documents (x) all of the representations
and warranties of the Credit Parties under this Agreement and the other Loan Documents are true and correct in all material respects (provided that if any representation or warranty already includes a materiality or material adverse effect
qualifier, such representation or warranty is true and correct in all respects and if any such representation or warranty expressly relates to a prior date, such representation or warranty shall be so true and correct on and as of such prior date)
and (y) no Default or an Event of Default is in existence, (C) that there has been no materially adverse change to the financial information previously delivered to the Administrative Agent under Section 4.1(d) below, (D) that no
change in the business, financial condition, results of operations, liabilities (contingent or otherwise), or properties of the Borrower and its Subsidiaries (taken as a whole) shall have occurred since December 31, 2019, which change has had
or would be reasonably expected to have a Materially Adverse Effect, and (E) that (x) all material Necessary Authorizations are in full force and effect, are not subject to any pending or threatened reversal or cancellation, and all applicable
waiting periods have expired, and that there is no ongoing investigation or inquiry by any Governmental Authority regarding the Loans or the Loan Documents and (y) attached thereto are true, correct, and complete copies of all such material
Necessary Authorizations, if any; 
 (vii)    Payment of all fees payable to the Administrative Agent,
the Affiliates of the Administrative Agent, and the Lenders in connection with the execution and delivery of this Agreement, and payment of fees and expenses of counsel to the Administrative Agent; 

(viii)    [Reserved]; 

  
 51 

 (ix)    Mutually acceptable payoff letter duly executed
by the parties thereto evidencing the repayment of the indebtedness under the Prior Credit Agreement and Prior Loan Documents and each parties’ obligations under the Prior Credit Agreement and Prior Loan Documents shall terminate on the Closing
Date; 
 (x)    Mutually acceptable payoff letter duly executed by the parties thereto evidencing the
repayment of the indebtedness under the 364-Day Credit Agreement and 364-Day Loan Documents and each parties’ obligations under the
364-Day Credit Agreement and 364-Day Loan Documents shall terminate on the Closing Date; and 

(xi)    All such other documents as the Administrative Agent may reasonably request, certified by an
appropriate governmental official or an Authorized Signatory if so requested. 
 (b)    The Lead Arrangers and the
Administrative Agent shall have completed their financial, regulatory, and legal due diligence of the Credit Parties, and all credit investigations and background checks, and the results, form, and substance of each of the foregoing items shall be
satisfactory to the Administrative Agent. 
 (c)    The Lead Arrangers and the Administrative Agent shall be satisfied
that no change in the business, financial condition, results of operations, liabilities (contingent or otherwise), or properties of the Borrower and its Subsidiaries (taken as a whole) shall have occurred since December 31, 2019, which change
has had or would be reasonably expected to have a Materially Adverse Effect. 
 (d)    The Lead Arrangers shall have
received and be satisfied with (i) the financial statements (including balance sheets, statements of income, and statements of cash flows) described in Section 5.1(i) and (ii) the Borrower’s 2020 financial performance and
condition estimate. 
 (e)    The Administrative Agent shall have received a Compliance Certificate calculated as of the
last day of the fiscal quarter ended June 30, 2020, demonstrating that the Borrower is in compliance with the Financial Covenant; 

(f)    The Administrative Agent shall have received all documentation and information required by any Governmental
Authority under any applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act, no later than five (5) Business Days prior to the Closing Date; and 

(g)    The Administrative Agent shall have received from the Lenders all tax forms and certificates required by
Section 2.9. 
 Section 4.2    Conditions Precedent to Each Loan and Issuance of a Letter of Credit.
The obligation of the Lenders to make each Loan and of the Issuing Bank to issue any Letter of Credit, including any initial Loan or any initial Letter of Credit hereunder (but excluding Loans, the proceeds of which are to reimburse (a) the
Swing Bank for Swing Loans or (b) the Issuing Bank for amounts drawn under a Letter of Credit), is subject to the fulfillment of each of the following conditions immediately prior to or contemporaneously with such Loan or such Letter of Credit:

 (a)    All of the representations and warranties of the Credit Parties under this Agreement and the other Loan
Documents, which, pursuant to Section 5.2, are made at and as of the time of such Loan or such Letter of Credit, shall be true and correct in all material respects at such time, both before and after giving effect to such Loan or such Letter of
Credit (provided that if any representation or warranty already 

  
 52 

 
includes a materiality or material adverse effect qualifier, such representation or warranty shall be true and correct in all respects and except (i) in the case of any such representation
or warranty that expressly relates to a prior date, in which case such representation or warranty shall be so true and correct on and as of such prior date and (ii) the representations and warranties set forth in Sections 5.1(j) and 5.1(k));

 (b)    There shall not exist on the date of such Loan or such Letter of Credit and after giving effect thereto, a
Default or an Event of Default; and 
 (c)    With respect to any Letter of Credit, all other applicable conditions
precedent set forth in Section 2.2 shall have been satisfied. 
 The Borrower hereby agrees that the delivery of any Request for Loan or Request for
Letter of Credit hereunder or any telephonic request hereunder shall be deemed to be the certification of the Authorized Signatory thereof that all of the conditions set forth in this Section 4.2 have been satisfied. Notwithstanding the
foregoing, if any of the conditions set forth above are not satisfied, such conditions may be waived by the Required Lenders. 
 ARTICLE 5

 REPRESENTATIONS AND WARRANTIES 

Section 5.1    General Representations and Warranties. In order to induce the Lender Group to enter into this
Agreement and to extend the Loans and issue the Letters of Credit to the Borrower, each Credit Party hereby represents and warrants that: 

(a)    Organization; Power; Qualification. The Borrower and each Material Subsidiary (i) is a corporation,
partnership or limited liability company duly organized, validly existing, and in good standing under the laws of its state of incorporation or formation, (ii) has the corporate or other company power and authority to own or lease and operate
its properties and to carry on its business as now being and hereafter proposed to be conducted, except where the failure to do so could not reasonably be expected to have a Materially Adverse Effect and (iii) is duly qualified and is in good
standing as a foreign corporation or other company, and authorized to do business, in each jurisdiction in which the character of its properties or the nature of its business requires such qualification or authorization, except where the failure to
so qualify or be authorized to do business could not reasonably be expected to have a Materially Adverse Effect. 

(b)    Authorization; Enforceability. Each Credit Party has the power and has taken all necessary action, corporate
or otherwise, to authorize it to execute, deliver, and perform this Agreement and each of the other Loan Documents to which it is a party in accordance with the terms thereof and to consummate the transactions contemplated hereby and thereby. Each
of this Agreement and each other Loan Document to which a Credit Party is a party has been duly executed and delivered by such Credit Party, and is a legal, valid and binding obligation of such Credit Party, enforceable in accordance with its terms,
except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization or similar laws affecting the enforcement of creditor’s rights generally or by general principles of equity (regardless of
whether such enforcement is considered in a proceeding in equity or at law). 
 (c)    Partnerships; Joint Ventures;
Subsidiaries. Except as disclosed on Schedule 5.1(c), the Borrower has no Subsidiaries as of the Closing Date. Schedule 5.1(c) sets forth, for each Person set forth thereon and, with respect to clause (ii) below, the Borrower,
a complete and accurate statement of (i) the percentage ownership of each such Person by the Borrower or applicable Subsidiary of the Borrower as of the Closing Date and (ii) the state or other jurisdiction of incorporation or formation,
as appropriate, of each such Person as of the Closing Date. 

  
 53 

 (d)    Compliance with Law, Loan Documents, and Contemplated
Transactions. The execution, delivery, and performance of this Agreement and each of the other Loan Documents in accordance with their respective terms and the consummation of the transactions contemplated hereby and thereby do not and will not
(i) violate any Applicable Law in any material respect or (ii) conflict with in any material respect, result in a material breach of, or constitute a material default under the certificate of incorporation or formation or by-laws, partnership agreement or operating agreement of any Credit Party or under any Material Contract to which the Borrower or any Material Subsidiary is a party. 

(e)    Necessary Authorizations. The Borrower and each Material Subsidiary has obtained all Necessary
Authorizations, and all such Necessary Authorizations are in full force and effect, except to the extent the failure to obtain such Necessary Authorizations or the failure to keep such Necessary Authorizations in full force and effect could not
reasonably be expected to have a Materially Adverse Effect. 
 (f)    Title to Properties. The Borrower and each
Material Subsidiary has good, marketable, and legal title to, or a valid license or leasehold interest in, all of its Property material to the operation of the Borrower’s or such Material Subsidiary’s business (except for minor defects in
title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes), except where the failure to do so could not reasonably be expected to have a Materially Adverse
Effect, and none of such Property is subject to any Liens, other than Permitted Liens. 
 (g)    Labor Matters.
(i) There are no strikes, lockouts or other material labor disputes or grievances against the Borrower or any Material Subsidiary, or, to the Borrower’s knowledge, threatened against or affecting the Borrower or any Material Subsidiary,
and (ii) no significant unfair labor practice charges or grievances are pending against the Borrower or any Material Subsidiary, or, to the Borrower’s knowledge, threatened against any of them before any Governmental Authority, except, in
the case of clauses (i) and (ii), to the extent that such events could not reasonably be expected to have a Materially Adverse Effect. 

(h)    Taxes. The Borrower and each Material Subsidiary has timely filed or caused to be filed all tax returns and
reports required to have been filed and has paid or caused to be paid all material taxes required to have been paid by it, except where (a) (i) the validity or amount thereof is being contested in good faith by appropriate proceedings and
(ii) for which adequate reserves (in accordance with GAAP) have been accrued or (b) the failure to make such filing or payment could not reasonably be expected to have a Materially Adverse Effect. 

(i)    Financial Statements. The Credit Parties have furnished, or caused to be furnished, to the Lenders audited
consolidated financial statements of the Borrower and its Subsidiaries for the fiscal year ended on or about December 31, 2019, including the balance sheets and income and cash flow statements, prepared by independent certified public
accountants of recognized national standing which are complete and correct in all material respects and present fairly in accordance with GAAP the financial position of the Borrower and its Subsidiaries as of such dates, as applicable, and the
results of operations for the fiscal years then ended, as applicable. Except as disclosed in such financial statements, neither the Borrower nor any consolidated Subsidiary has any material liabilities, contingent or otherwise, and there are no
material unrealized or anticipated losses of the Borrower or any consolidated Subsidiary which have not heretofore been disclosed in writing to the Lenders. The Borrower and its Subsidiaries maintain reserves to the extent required by GAAP for
future costs associated with any retiree and health care benefits, any reclamation and any other potential claims under Environmental Laws or Mining Laws. 

  
 54 

 (j)    No Adverse Change. Since December 31, 2019, there has
occurred no event which has had or could reasonably be expected to have a Materially Adverse Effect. 

(k)    Litigation. There is no litigation, legal or administrative proceeding, investigation, or other action of
any nature pending or, to the knowledge of the Credit Parties, threatened against or affecting any Credit Party, any Subsidiary or any of their respective properties which could reasonably be expected to have a Materially Adverse Effect. 

(l)    ERISA. Schedule 5.1(l) lists, as of the Closing Date, all Multiemployer Plans and Title IV Plans.
Except as would not reasonably be expected to result in a Materially Adverse Effect, (i) the Credit Parties and their ERISA Affiliates have fulfilled their obligations under the minimum funding standards of ERISA and the Code with respect to
each Title IV Plan and have not incurred any liability to the PBGC or a Title IV Plan under Title IV of ERISA in connection with the termination of a Plan, and (ii) each Title IV Plan is in compliance in all material respects with the presently
applicable provisions of ERISA and the Code. 
 (m)    Intellectual Property. (i) The Borrower and each
Material Subsidiary owns, or is licensed or otherwise has the right to use, all Intellectual Property material to its business, and (ii) the use thereof by the Borrower and its Material Subsidiaries does not infringe in any material respect on
the rights of any other Person, except in each case with respect to clauses (i) and (ii), as could not reasonably be expected to result in a Materially Adverse Effect. 

(n)    Compliance with Law; Absence of Default. The Borrower and each Material Subsidiary is in compliance
(i) with all Applicable Laws, except where the failure to so comply could not reasonably be expected to have a Materially Adverse Effect, and (ii) in all material respects with the provisions of its certificate of incorporation or
formation and by-laws or other governing documents. No event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence
of which constitutes (i) a Default or an Event of Default or (ii) a default under any (A) Material Contract or (B) judgment, decree, or order to which the Borrower or such Material Subsidiary is a party or by which the Borrower
or such Material Subsidiary or any of their respective properties may be bound, except, in each case under this clause (ii), except for any default which could not reasonably be expected to have a Materially Adverse Effect. 

(o)    Casualties; Taking of Properties, etc. Since December 31, 2019, neither the business nor the properties
of the Borrower and its Material Subsidiaries has been affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of property or cancellation of
contracts, permits or concessions by any domestic or foreign government or any agency thereof, riot, activities of armed forces, or acts of God or of any public enemy in a manner that could reasonably be expected to have a Materially Adverse Effect.

 (p)    Accuracy and Completeness of Information. All written information, reports, other papers and data
relating to the Credit Parties and their Subsidiaries furnished by or at the direction of the Credit Parties to the Lender Group were, taken as a whole, at the time furnished, complete and correct in all material respects. No document furnished or
written statement made to the Lender Group by or at the direction of any Credit Party in connection with the negotiation, preparation or execution of this Agreement or any of the Loan Documents contains or will contain any untrue statement of a fact
material to the creditworthiness of the Credit Parties taken as a whole or omits or will omit to state a material fact necessary in order to make the statements contained therein not materially misleading as of the time when made or delivered. With
respect to projections, estimates and forecasts given to the Lender Group, such projections, estimates and forecasts are based on the Credit Parties’ good faith assessment of the future of the business at the time made. The Credit Parties had a
reasonable basis for such assessment at the time made. 

  
 55 

 (q)    Compliance with Regulations T, U, and X. Neither the
Borrower nor any Material Subsidiary is engaged principally in or has as one of its important activities in the business of extending credit for the purpose of purchasing or carrying, and neither the Borrower nor any Material Subsidiary owns or
presently intends to acquire, any “margin security” or “margin stock” as defined in Regulations T, U and X of the Board of Governors of the Federal Reserve System (herein called “Margin Stock”). None of the
proceeds of the Loans will be used, directly or indirectly, for the purpose of purchasing or carrying any Margin Stock or for the purpose of reducing or retiring any Indebtedness which was originally incurred to purchase or carry Margin Stock or for
any other purpose which might constitute this transaction a “purpose credit” within the meaning of said Regulations T, U and X. None of the Borrower, any Material Subsidiary or any bank acting on the behalf of any such Person has taken or
will take any action which might cause this Agreement or any other Loan Documents to violate Regulation T, U or X or any other regulation of the Board of Governors of the Federal Reserve System or to violate the SEA, in each case as now in effect or
as the same may hereafter be in effect. If so requested by the Administrative Agent, the Credit Parties will furnish the Administrative Agent with (i) a statement or statements in conformity with the requirements of Federal Reserve Form U-1 referred to in Regulation U of said Board of Governors and (ii) other documents evidencing its compliance with the margin regulations, including without limitation an opinion of counsel in form and
substance satisfactory to the Administrative Agent. Neither the making of the Loans nor the use of proceeds thereof will violate, or be inconsistent with, the provisions of Regulation T, U or X of said Board of Governors. 

(r)    Solvency. The Borrower and the other Credit Parties, taken as a whole, are and will continue to be Solvent,
including, without limitation, after giving effect to the transactions contemplated by the Loan Documents and the rights of subrogation and contribution among the Credit Parties. 

(s)    [Reserved] 

(t)    Environmental Matters. 

(i)    The Borrower and each Material Subsidiary is in compliance with all applicable Environmental Laws
except where the failure to so comply could not reasonably be expected to have a Materially Adverse Effect. There is no violation of any Environmental Law or contamination which could interfere with the continued operation of any of the Properties
which in each case above could reasonably be expected to have a Materially Adverse Effect. 
 (ii)    As
of the Closing Date, except as set forth on Schedule 5.1(t), neither the Borrower nor any Material Subsidiary has received from any Governmental Authority any complaint, or notice of violation, alleged violation, investigation or advisory
action or notice of potential liability regarding matters of environmental protection or permit compliance under applicable Environmental Laws or Mining Laws with regard to the Properties, nor is the Borrower or any Material Subsidiary aware that
any such notice is pending, including, without limitation, any such notice in respect of the reclamation, or alleged need for reclamation, of any current or former Property, except, in each case, which could not reasonably be expected to have a
Materially Adverse Effect. 
 (iii)    Neither the Borrower nor any Material Subsidiary is barred from
receiving surface or underground Environmental or Mining Permits pursuant to the permit block provisions of Mining Laws except in each case as could not reasonably be expected to have a Materially Adverse Effect. 

  
 56 

 (u)    MSHA. All of the Borrower’s and its Material
Subsidiaries’ operations are conducted in compliance with all applicable rules and regulations promulgated by the Occupational Safety and Health Administration of the United States Department of Labor and the Mine Safety and Health
Administration of the United States Department of Labor “MSHA”), except where such failure to comply could not reasonably be expected to result in a Materially Adverse Effect. 

(v)    Investment Company Act. Neither the Borrower nor any Material Subsidiary is required to register under the
provisions of the Investment Company Act of 1940, as amended, and neither the entering into or performance by the Credit Parties of this Agreement nor the issuance of any Revolving Loan Notes violates any provision of such Act or requires any
consent, approval, or authorization of, or registration with, any governmental or public body or authority pursuant to any of the provisions of such Act. 

(w)    Anti-Corruption Laws; Sanctions. Each Credit Party and each Subsidiary has implemented and maintains in
effect policies and procedures designed to ensure compliance by each Credit Party, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions, and each Credit Party, its
Subsidiaries and their respective officers and employees and, to the knowledge of each Credit Party, directors and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. None of (i) any Credit
Party, any Subsidiary or, to the knowledge of any Credit Party or any Subsidiary of a Credit Party, any of their respective directors, officers or employees, or (ii) to the knowledge of any Credit Party or Subsidiary, any agent of any Credit
Party or any Subsidiary of any Credit Party that will act in any capacity in connection with or benefit from the credit facility established hereby, in each case, is a Sanctioned Person. No Loan or Letter of Credit, use of proceeds thereof or other
transaction contemplated by this Agreement will violate Anti-Corruption Laws or applicable Sanctions. 

Section 5.2    Survival of Representations and Warranties, etc. All representations and warranties made under
this Agreement and the other Loan Documents shall be deemed to be made, and shall be true and correct in all material respects (provided that if any representation or warranty already includes a materiality or material adverse effect
qualifier, such representation or warranty shall be true and correct in all respects), at and as of the Closing Date and (other than the representations and warranties set forth in Sections 5.1(j) and 5.1(k)) the date of each Loan or Letter of
Credit hereunder, except to the extent made with respect to a specific, earlier date, in which case such representation and warranty shall have been true and correct as of such earlier date. All representations and warranties made under this
Agreement and the other Loan Documents shall survive, and not be waived by, the execution hereof by the Lender Group, or any of them, any investigation or inquiry by any member of the Lender Group, or the making of any Loan or the issuance of any
Letter of Credit under this Agreement. 
 ARTICLE 6 

INFORMATION AND GENERAL COVENANTS 

Until the later of the date the Obligations (other than contingent indemnification obligations as to which no claim is pending) are repaid in
full in cash and the date the Commitments are terminated: 
 Section 6.1    Quarterly Financial Statements and
Information. The Borrower shall deliver to the Administrative Agent (and the Administrative Agent shall deliver to each of the Lenders) within forty-five (45) days after the last day of each of the first three fiscal quarters of the
Borrower, the consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, the related consolidated income statement for such fiscal quarter and fiscal year to date period, and the related consolidated
statement of cash flows for such fiscal year to date period. Such financial statements shall (i) set forth in 

  
 57 

 
comparative form the figures as at the end of such quarter and year to date period of the previous fiscal year, as applicable and (ii) be certified by an Authorized Signatory of the Borrower
to be, in his or her opinion, complete and correct in all material respects and to present fairly in accordance with GAAP the financial position of the Borrower and its consolidated Subsidiaries, as at the end of such period and the results of
operations for such periods (it being acknowledged and agreed that quarterly financial statements are not audited and are subject to normal audit and year-end adjustments). 

Section 6.2    Annual Financial Statements and Information. The Borrower shall deliver to the Administrative
Agent (and the Administrative Agent shall deliver to each of the Lenders) within ninety (90) days after the end of each fiscal year of the Borrower (or, so long as the Borrower shall be subject to periodic reporting obligations under the SEC,
by the date that the Annual Report on Form 10-K of the Borrower for such fiscal year would be required to be filed under the rules and regulations of the SEC, giving effect to any automatic extension available
thereunder for the filing of such form), the audited consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such year and the related audited consolidated income statement, audited consolidated statement of shareholders
equity and audited consolidated statement of cash flows for such fiscal year. Such financial statements shall (i) set forth in comparative form the figures as at the end of and for the previous year, and (ii) be accompanied by an
unqualified opinion of independent certified public accountants of recognized national standing (which opinion shall be without (A) a “going concern” or like qualification or exception or (B) any qualification or exception as to
the scope of such audit), stating that such financial statements are prepared in all material respects in accordance with GAAP, and present fairly the financial position of the Borrower and its consolidated Subsidiaries as at the end of such year.

 Section 6.3    Compliance Certificates. At the time the financial statements are delivered pursuant to
Section 6.1 or 6.2, the Borrower shall deliver to the Administrative Agent (and the Administrative Agent shall deliver to each of the Lenders) a Compliance Certificate: 

(a)    Setting forth as at the end of the applicable fiscal quarter, subject to Section 1.3(b), the arithmetical
calculations required to establish whether or not the Borrower was in compliance with the Financial Covenant; and 

(b)    Stating that, to the best of the Authorized Signatory’s knowledge, no Default or Event of Default has
occurred, or, if a Default or Event of Default has occurred, disclosing each such Default or Event of Default and its nature, when it occurred, whether it is continuing, and specifying the action the Borrower has taken or proposes to take with
respect thereto. 
 Section 6.4    Additional Reports. 

(a)    [Reserved]; 

(b)    Within five (5) Business Days (or such longer period as the Administrative Agent may approve in its sole
discretion) of any Responsible Officer obtaining knowledge of any event that could reasonably be expected to result in a Materially Adverse Effect, the Borrower shall notify the Administrative Agent of the occurrence thereof, and shall provide such
additional information with respect to such matters as the Lender Group, or any of them, may reasonably request; 

(c)    Immediately following any Default or Event of Default under any Loan Document, the Borrower shall notify the
Administrative Agent of the occurrence thereof giving in each case the details thereof and specifying the action proposed to be taken with respect thereto; 

  
 58 

 (d)    Within five (5) Business Days (or such longer period as the
Administrative Agent may approve in its sole discretion), of the filing thereof or otherwise becoming publicly available, copies of (i) all financial statements, annual, quarterly and special reports, proxy statements and notices sent or made
publicly available by the Borrower to its public security holders, (ii) all registration statements and prospectuses filed with any securities exchange or with the Securities and Exchange Commission, and (iii) all press releases and other
statements made publicly available containing material developments in the business or financial condition of the Borrower and its Material Subsidiaries; 

(e)    Within five (5) Business Days (or such longer period as the Administrative Agent may approve in its sole
discretion) after the chief financial officer, treasurer or Authorized Signatory of the Borrower obtains knowledge that any Rating Agency shall have announced a change in any Rating, the Borrower shall provide the Administrative Agent with written
notice of such change; and 
 (f)    With reasonable promptness, the Borrower shall deliver to the Administrative Agent
such other information relating to any Credit Party’s performance of this Agreement or any Credit Party’s or Material Subsidiary’s business or financial condition as may reasonably be requested from time to time by the Administrative
Agent at the request of any member of the Lender Group; provided that the Borrower shall not be required to disclose, or allow inspection of, any document or information that (i) constitutes
non-financial trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Administrative Agent or any Lender is prohibited by
law or would violate any contractual confidentiality obligations to a third party if such obligations were not entered into in contemplation of this Agreement or (iii) is subject to attorney-client or similar privilege or constitutes attorney
work-product. 
 Information required to be delivered pursuant to Sections 6.1, 6.2 and 6.4(d) shall be deemed to have been delivered and
certified if such information shall have been timely posted on the Borrower’s website on the internet (currently www.vulcanmaterials.com) or shall be available on the website of the Securities and Exchange Commission at http://www.sec.gov. 

Section 6.5    Preservation of Existence and Similar Matters. The Borrower will, and will cause each Material
Subsidiary to, preserve, renew and maintain in full force and effect (a) its legal existence in its jurisdiction of incorporation and (b) all of its rights, privileges and franchises necessary in the normal conduct of its business, except,
in each case with respect to clauses (a) and (b), (i) as permitted under Section 7.4 or (ii) to the extent that failure to do so would not reasonably be expected to have a Materially Adverse Effect. 

Section 6.6    Compliance with Applicable Law. The Borrower will, and will cause each Material Subsidiary to,
comply with all laws, rules, regulations and requirements of any Governmental Authority applicable to its business and properties, including, without limitation, all Environmental Laws, ERISA and MSHA, except where the failure to do so, either
individually or in the aggregate, could not reasonably be expected to have a Materially Adverse Effect. Each Credit Party will maintain in effect and enforce policies and procedures designed to ensure compliance by such Credit Party, its
Subsidiaries and their respective directors, officers, employees and agents with applicable Anti-Corruption Laws and applicable Sanctions. 

Section 6.7    Maintenance of Properties. The Borrower will, and will cause each Material Subsidiary to, keep
and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not, individually or in the aggregate, reasonably be expected to have a
Materially Adverse Effect. 
 Section 6.8    Accounting Methods and Financial Records. The Borrower, for
itself and on behalf of its Subsidiaries, will keep proper books of record and account in which full, true and correct entries shall be made of all dealings and transactions in relation to its business and activities to the extent necessary to
prepare the consolidated financial statements of the Borrower in conformity with GAAP. 

  
 59 

 Section 6.9    Insurance. The Borrower for itself and its
Material Subsidiaries will (a) maintain with financially sound and reputable insurance companies insurance with respect to its properties and business against loss or damage of the kinds and in amounts which are reasonable (taking into account
industry business practices, including self-insurance) and (b) upon request, furnish to the Administrative Agent at reasonable intervals a certificate of a Responsible Officer setting forth the nature and extent of all insurance maintained in
accordance with this Section. 
 Section 6.10    [Reserved]. 

Section 6.11    Payment of Taxes and Claims. The Borrower will, and will cause each Material Subsidiary to,
pay and discharge all federal and material state income and other material taxes, assessments and governmental charges and levies before the same shall become delinquent or in default, except where (a) (i) the validity or amount thereof is
being contested in good faith by appropriate proceedings and (ii) for which adequate reserves (in accordance with GAAP) have been accrued or (b) the failure to make such payment could not reasonably be expected to result in a Materially
Adverse Effect. 
 Section 6.12    Visits and Inspections. The Borrower will permit representatives of the
Administrative Agent and the Lender Group (in a single group coordinated through the Administrative Agent), once per calendar year at the expense of the Administrative Agent and the Lender Group, upon reasonable prior notice to the Borrower, to
(a) inspect the properties of the Borrower and/or any of its Subsidiaries, (b) examine the books and records (and make copies thereof) of the Borrower and/or any of its Subsidiaries, and (c) discuss with their officers and independent
certified public accountants their financial position and results of operations; provided, that if an Event of Default has occurred and is continuing, such visits (i) shall require no prior notice, (ii) shall not be limited in
number per calendar year and (iii) shall be at the expense of the Borrower. Notwithstanding anything to the contrary in this Section 6.12, the Borrower and its Subsidiaries shall not be required to disclose, or allow inspection of, any
document or information that (x) constitutes non-financial trade secrets or non-financial proprietary information, (y) in respect of which disclosure to the
Administrative Agent or any Lender is prohibited by law or would violate any contractual confidentiality obligations to a third party if such obligations were not entered into in contemplation of this Agreement or (z) is subject to
attorney-client or similar privilege or constitutes attorney work-product. 
 Section 6.13    Further
Assurances. Upon the reasonable request of the Administrative Agent, each Credit Party will promptly cure, or cause to be cured, defects in the creation and issuance of any Revolving Loan Notes and the execution and delivery of the Loan
Documents (including this Agreement), resulting from any act or failure to act by any Credit Party or any employee or officer thereof. Each Credit Party at its expense will promptly execute and deliver, or cause to be executed and delivered, to the
Administrative Agent and the Lenders, all such other and further documents, agreements, and instruments in compliance with or accomplishment of the covenants and agreements of the Credit Parties in the Loan Documents, or to correct any omissions, or
more fully to state the obligations set out herein or in any of the Loan Documents, or to obtain any consents, all as may be necessary or appropriate in connection therewith. 

Section 6.14    Indemnity; Limitation on Damages. Each Credit Party will indemnify and hold harmless each
Indemnified Person from and against any and all claims, liabilities, investigations, losses, damages, actions, demands, penalties, judgments, suits, litigation, other proceedings and expenses (including fees and expenses of experts, agents,
consultants and counsel but limited, in the case of legal fees and expenses, to the fees and expenses of one counsel for all Indemnified Persons absent a conflict of interest and, in the event of a conflict of interest, one additional counsel for
the Indemnified Persons subject 

  
 60 

 
to such conflict), in each case, of any kind or nature (whether or not the Indemnified Person or any Credit Party is a party to any such action, suit or investigation) whatsoever which may be
imposed on, incurred by, or asserted against an Indemnified Person by any third party or by the Borrower or any other Credit Party, arising out of or in connection with this Agreement or the other Loan Documents, the Commitments, the use of the
proceeds of the Loans or Letters of Credit or any related transaction (collectively, “Losses”) provided that the Credit Parties shall not be liable to an Indemnified Person pursuant to this Section 6.14 for any Loss to the
extent that a court of competent jurisdiction shall have determined by a final and non-appealable judgment that such Loss resulted from the gross negligence of, willful misconduct of or material breach of this
Agreement or any other Loan Document by such Indemnified Person. NO PARTY TO THIS AGREEMENT SHALL BE RESPONSIBLE OR LIABLE TO ANY OTHER PARTY TO ANY LOAN DOCUMENT, ANY SUCCESSOR, ASSIGNEE OR THIRD PARTY BENEFICIARY OR SUCH PERSON OR ANY OTHER PERSON
ASSERTING CLAIMS DERIVATIVELY THROUGH SUCH PARTY, FOR INDIRECT, SPECIAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES WHICH MAY BE ALLEGED AS A RESULT OF CREDIT HAVING BEEN EXTENDED, SUSPENDED OR TERMINATED UNDER ANY LOAN DOCUMENT OR AS A RESULT OF
ANY OTHER TRANSACTION CONTEMPLATED HEREUNDER OR UNDER ANY OTHER LOAN DOCUMENT; PROVIDED, FOR THE AVOIDANCE OF DOUBT, THAT THE BORROWER WILL INDEMNIFY FOR PUNITIVE DAMAGES OWED BY AN INDEMNIFIED PERSON TO A THIRD PARTY TO THE EXTENT OTHERWISE
PERMITTED BY THIS SECTION 6.14. This Section 6.14 shall survive termination of this Agreement. 

Section 6.15    Environmental Matters. 

(a)    Each Credit Party shall at all times indemnify and hold harmless each Indemnified Person against and from any and
all claims, suits, actions, debts, damages, costs, losses, obligations, judgments, charges, and expenses, of any nature whatsoever (but limited, in the case of legal fees and expenses, to the fees and expenses of one counsel for all Indemnified
Persons absent a conflict of interest and, in the event of a conflict of interest, one additional counsel for the Indemnified Persons subject to such conflict) under or on account of the Environmental Laws, except to the extent resulting from the
gross negligence or willful misconduct of such Indemnified Person or material breach by such Indemnified Person of its obligations under this Agreement or any other Loan Document as determined by a final
non-appealable judgment of a court of competent jurisdiction, including the assertion of any lien thereunder with respect to: 

(i)    any discharge, threat of a discharge or the presence of any Hazardous Materials on the Properties
that originates or emanates from the Properties; 
 (ii)    any costs of removal or remedial action
incurred by the US government or any costs incurred by any other person or damages from injury to, destruction of, or loss of natural resources, including reasonable costs of assessing such injury, destruction or loss incurred pursuant to any
Environmental Laws in each case relating to the business of the Credit Parties, the Material Subsidiaries or their respective Properties; 

(iii)    liability for personal injury or property damage arising under any statutory or common law tort
theory (including without limitation damages assessed) for the maintenance of a public or private environmental nuisance or for the carrying on of an abnormally dangerous activity at or caused by any Credit Party or Material Subsidiary or near the
Properties; and/or 

  
 61 

 (iv)    any other environmental matter affecting the
Properties within the jurisdiction of the Environmental Protection Agency, any other Federal agency, or any state, local, or foreign environmental agency. 

(b)    All of the representations, warranties, covenants and indemnities of this Section 6.15 and Section 5.1(t)
shall survive the termination of this Agreement and the repayment of the Obligations and shall survive the transfer of any or all right, title and interest in and to the Properties by the Credit Parties or any of their Subsidiaries to any party,
whether or not affiliated with the Credit Parties. 
 Section 6.16    Anti-Corruption Laws; Sanctions. The
Borrower will not request any Loan or Letter of Credit, and the Borrower shall not use, and the Borrower shall ensure that none of the other Credit Parties and none of its Subsidiaries and its or their respective directors, officers, employees and
agents shall use, the proceeds of any Loan or Letter of Credit (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any person in violation of any
Anti-Corruption Laws, (ii) for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country or (iii) in any manner that would result in the
violation of any Sanctions applicable to any Person. 
 ARTICLE 7 

NEGATIVE COVENANTS 
 Until
the later of the date the Obligations (other than contingent indemnification obligations as to which no claim is pending) are repaid in full in cash and the date the Commitments are terminated: 

Section 7.1    Liens. No Credit Party will, nor will it permit any of its Material Subsidiaries to, create,
incur, assume or suffer to exist any Lien on any of its assets, except for Permitted Liens.  

Section 7.2    Investments. No Credit Party will, nor will it permit any of its Material Subsidiaries to, make
Investments, except: 
 (a)    Cash Equivalents; 

(b)    Investments in existence on the Closing Date and described on Schedules 5.1(c) and 7.2; 

(c)    Investments (i) by any Credit Party in any other Credit Party and (ii) by any Material Subsidiary that is
not a Credit Party in any Credit Party or any other Subsidiary that is not a Credit Party; 
 (d)    Investments arising
out of Hedge Transactions entered into in the ordinary course of business; 
 (e)    Investments received in connection
with a bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with, customers and suppliers, in each case in the ordinary course of business, including without limitation the conversion of any of its Accounts into notes
or Equity Interests from the applicable Account Debtor; 
 (f)    loans or advances to the employees, officers or
directors of the Credit Parties and their Subsidiaries in the ordinary course of business for travel, relocation and related expenses; 

  
 62 

 (g)    Investments consisting of noncash consideration received from an
asset disposition; and 
 (h)    Investments not otherwise included in the foregoing clauses of this Section 7.2
which, when made (it being agreed that any Investments outstanding on the Closing Date and not justified by the foregoing clauses of this Section 7.2 but justified under this clause (h) shall be deemed to be made as of the Closing Date)
and aggregated with then outstanding Investments made pursuant to this clause (h) after the Closing Date, do not exceed the greater of (x) $500,000,000 and (y) fifteen percent (15%) of Consolidated Net Tangible Assets. 

Section 7.3    Affiliate Transactions. No Credit Party will, nor will it permit any of its Material
Subsidiaries to, engage in any transactions with any of its Affiliates, except: (a) on an arm’s-length basis; (b) between or among Credit Parties not involving any other Affiliates; (c) any
Investment in a Subsidiary that is not a Credit Party permitted by Section 7.2 and (d) (i) direct or indirect distributions, dividends, or payments to any Person on account of any Equity Interests of any Credit Party or any of their
Subsidiaries and (ii) any redemption, retirement, sinking fund or other payment, purchase or other acquisition for value, direct or indirect, of any Equity Interests issued by any Credit Party. 

Section 7.4    Mergers and Consolidations; Sale of Substantially all Assets; Conduct of Business;
Acquisitions. 
 (a)    No Credit Party will, nor will it permit any of its Material Subsidiaries to, (i) merge
or consolidate into any other Person unless (x) in the case of a merger or consolidation involving a Credit Party, a Credit Party is the surviving Person and (y) in the case of a merger or consolidation involving a Material Subsidiary that
is not a Credit Party, a Material Subsidiary is the surviving Person, or (ii) liquidate or dissolve, unless the Borrower determines in good faith that such liquidation or dissolution is in the best interest of the Borrower and is not materially
disadvantageous to the Lenders; provided, that the Borrower shall not liquidate or dissolve itself or merge out of existence. 

(b)    No Credit Party will, nor will it permit any of its Material Subsidiaries to, engage in any business other than
businesses substantially similar, ancillary or related to, and reasonable extensions of, the businesses conducted by the Borrower and its Subsidiaries on the Closing Date. 

(c)    No Credit Party will, nor will it permit any of its Material Subsidiaries to, make any Acquisition except for
Permitted Acquisitions. 
 (d)    The Borrower will not sell, lease, transfer or otherwise dispose of substantially all
of its assets to any Person (other than to another Credit Party). The Credit Parties will not, nor will they permit any of their Material Subsidiaries to, sell, lease, transfer or otherwise dispose of substantially all of the assets of the Credit
Parties and their Subsidiaries, taken as a whole, to any Person. 
 (e)    The Borrower will not change its jurisdiction
of organization to a jurisdiction located outside of the United States. 
 Section 7.5    Amendment and
Waiver. No Credit Party will, nor will it permit any of its Material Subsidiaries to, amend, modify or waive any of its rights under its certificate of incorporation, bylaws or other organizational documents in a manner which could reasonably be
expected to have a Materially Adverse Effect. 
 Section 7.6    Restrictive Agreements. No Credit Party
will, nor will it permit any of its Material Subsidiaries to, directly or indirectly, enter into after the Closing Date any agreement that prohibits, restricts 

  
 63 

 
or imposes any condition upon (a) its ability to create, incur or permit any Lien upon any of its assets, or (b) the ability of any of its Subsidiaries to pay dividends or other
distributions with respect to its Equity Interests, to make or repay loans or advances to any Credit Party, to Guarantee Indebtedness of any Credit Party or to transfer any of its assets to any Credit Party; provided that (i) the foregoing
shall not apply to restrictions or conditions imposed by (A) law or (B) this Agreement or any other Loan Document, (ii) the foregoing shall not apply to (A) customary restrictions and conditions contained in agreements relating
to the sale of a Subsidiary or assets pending such sale, provided such restrictions and conditions apply only to the Subsidiary or the assets being sold and such sale is permitted hereunder or (B) customary restrictions and conditions contained
in agreements with depositaries, securities intermediaries and other financial institutions relating to accounts maintained by a Credit Party or a Material Subsidiary, (iii) clause (a) shall not apply to restrictions or conditions imposed by
any agreement relating to secured Indebtedness permitted by this Agreement if such restrictions and conditions apply only to the assets securing such Indebtedness, (iv) clause (a) shall not apply to customary provisions in leases restricting
the assignment thereof and (v) clauses (a) and (b) shall not apply to Indebtedness incurred after the Closing Date so long as restrictions contained in such Indebtedness are not more restrictive, taken as a whole, than the restrictions in
the 2007 Indenture as in effect on the Closing Date. 
 Section 7.7    Use of Proceeds. No Credit
Party shall, nor shall it permit any of its Material Subsidiaries to, use the proceeds of the Loans or Letters of Credit for any purpose other than for general corporate purposes, and for such other purposes to the extent not inconsistent with the
provisions of this Agreement. No part of the proceeds of any Loan or Letter of Credit will be used by the Credit Parties or their Material Subsidiaries, whether directly or indirectly, to purchase or carry Margin Stock or for any purpose that would
violate any rule or regulation of the Board of Governors of the Federal Reserve System, including Regulations T, U or X, or in any other manner that would violate Section 5.1(q). 

Section 7.8    Accounting Changes. No Credit Party will, nor will it permit any of its Material Subsidiaries
to, make any significant change in accounting treatment or reporting practices, except as required by GAAP, or change its fiscal year. 

Section 7.9    Government Regulation. The Borrower will not, and will not permit any other Credit Party or any
Material Subsidiary to, (a) be or become subject at any time to any law, regulation or list of any Governmental Authority of the United States (including, without limitation, the OFAC list) that prohibits or limits the Lenders or the
Administrative Agent from making any advance or extension of credit to the Borrower or from otherwise conducting business with the Credit Parties, or (b) fail to provide documentary and other evidence of the identity of the Credit Parties as
may be requested by the Lenders or the Administrative Agent at any time to enable the Lenders or the Administrative Agent to verify the identity of the Credit Parties or to comply with any applicable law or regulation, including, without limitation,
Section 326 of the Patriot Act at 31 U.S.C. Section 5318. 
 Section 7.10    Financial Covenant.
The Borrower shall not permit the Total Leverage Ratio as of the last day of any fiscal quarter to be greater than 3.50 to 1.00; provided, that if the Borrower or any Subsidiary consummates an Acquisition for which the Acquisition
Consideration is $75,000,000 or greater, then the maximum Total Leverage Ratio as of the last day of the four (4) fiscal quarters ending thereafter (including the fiscal quarter in which such Acquisition occurred) shall be 3.75 to 1.00. 

Section 7.11    Priority Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume,
suffer to exist or be obligated under any Indebtedness for borrowed money (as a borrower, guarantor or otherwise), other than (a) intercompany Indebtedness owed by any Subsidiary of the Company to the Company or any other Subsidiary of the
Company and (b) other Indebtedness in an amount not to exceed $25,000,000 in the aggregate outstanding at any time, unless the Borrower shall have, prior to or concurrent with the incurrence of such Indebtedness, caused such Subsidiary to
guarantee the Obligations 

  
 64 

 
and become a Credit Party hereunder by entering into a guaranty and joinder agreement in form and substance reasonably acceptable to the Administrative Agent and delivering such other
documentation (including customary certificates, resolutions and legal opinions) and taking such other actions as reasonably requested by the Administrative Agent in connection with such guaranty; provided that no Foreign Subsidiary shall be
required to provide such guaranty if doing so would reasonably be expected to result in material adverse tax consequences to the Borrower and its Subsidiaries. 

ARTICLE 8 
 DEFAULT 

Section 8.1    Events of Default. Each of the following shall constitute an Event of Default: 

(a)    Any representation or warranty made by any Credit Party under this Agreement or any other Loan Document shall prove
incorrect or misleading in any material respect (provided that if any representation or warranty already includes a materiality or material adverse effect qualifier, such representation or warranty shall be true and correct in all respects)
when made or deemed to have been made pursuant to Section 5.2; or 
 (b)    (i) Any payment of principal under this
Agreement or under the other Loan Documents, or any reimbursement obligations with respect to any Letter of Credit, shall not be received by the Administrative Agent on the date such payment is due, or (ii) any payment of interest, fees, or
other amounts (other than principal) under this Agreement or under the other Loan Documents shall not be received by the Administrative Agent or Lender, as applicable, on or before five (5) Business Days after the due date thereof; or 

(c)    Any Credit Party shall default in the performance or observance of any agreement or covenant contained in
(i) Section 6.4(b), 6.4(c), 6.4(d), 6.5(a), 6.12, 6.13, or Article 7 or (ii) Sections 6.1, 6.2, 6.3, 6.4(a), 6.4(e) or 6.4(f) and, with respect to this clause (ii) only, such default shall not be cured within the earlier of
(x) ten (10) days from the date that the Borrower knew of the occurrence of such default, or (y) ten (10) days after written notice of such default is given to the Borrower; or 

(d)    Any Credit Party shall default in the performance or observance of any other agreement or covenant contained in
this Agreement or any other Loan Document not specifically referred to elsewhere in this Section 8.1, and such default shall not be cured within the earlier of (i) thirty (30) days from the date that the Borrower knew of the occurrence of
such default, or (ii) thirty (30) days after written notice of such default is given to the Borrower; or 

(e)    [reserved]; or 

(f)    Any Change in Control shall occur; or 

(g)    (i) There shall be entered a decree or order for relief in respect of the Borrower or any Material Subsidiary under
the Bankruptcy Code, or any other applicable Federal or state bankruptcy law or other similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or similar official of the Borrower or any Material Subsidiary or of
any substantial part of its properties, or ordering the winding-up or liquidation of the affairs of the Borrower or any Material Subsidiary, or (ii) an involuntary petition shall be filed against the
Borrower or any Material Subsidiary and a temporary stay entered and (A) such petition and stay shall not be diligently contested, or (B) any such petition and stay shall continue undismissed for a period of sixty (60) consecutive
days; or 

  
 65 

 (h)    The Borrower or any Material Subsidiary shall (i) commence
an insolvency proceeding or consent to the institution of an insolvency proceeding or to the appointment or taking of possession of a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of the Borrower or any
Material Subsidiary or of any substantial part of its properties, (ii) fail generally to pay its debts as they become due, or (iii) take any action in furtherance of any such action; or 

(i)    (i) One or more judgments, orders or awards (excluding any amounts paid or covered by insurance as to which the
insurance company has not disputed coverage) shall be entered by any court against the Borrower or any Material Subsidiary for the payment of money which exceeds, together with all such other judgments, orders, or awards, $100,000,000 in the
aggregate, or (ii) a warrant of attachment or execution or similar process shall be issued or levied against property of the Borrower or any Material Subsidiary pursuant to any judgment which, together with all other property of the Borrower
and its Subsidiaries subject to other such processes, exceeds $100,000,000 in the aggregate, excluding any amounts paid or covered by insurance as to which the insurance company has not disputed coverage; or 

(j)    one or more ERISA Events shall have occurred that, in the opinion of the Required Lenders, could reasonably be
expected to, individually or in the aggregate, result in a payment obligation of the Borrower or any ERISA Affiliate in an amount exceeding $100,000,000; or 

(k)    (i) any event or condition shall occur which results in the acceleration of the maturity of Indebtedness of the
Borrower or any Material Subsidiary (other than the Obligations) in excess of $100,000,000 (individually or in the aggregate with other Indebtedness) or (ii) failure to make any payment beyond the applicable grace period, if any (whether
scheduled maturity, required prepayment, acceleration, demand or otherwise) in respect of any Indebtedness of the Borrower or any Material Subsidiary (other than the Obligations) in excess of $100,000,000 (individually or in the aggregate with other
Indebtedness) or (iii) the Borrower or any Material Subsidiary shall default under any Hedge Transaction which results in a payment obligation of the Borrower or any Material Subsidiary in excess of $100,000,000; or 

(l)    All or any material portion of any Loan Document shall at any time and for any reason be declared to be null and
void (other than as expressly permitted in this Agreement or as a result of the actions or omissions of the Administrative Agent or any Lender), or a proceeding shall be commenced by any Credit Party, or by any Governmental Authority having
jurisdiction over the Credit Parties, seeking to establish the invalidity or unenforceability thereof (exclusive of questions of interpretation of any provision thereof), or any Credit Party shall deny that it has any liability or obligation for the
payment of any Obligation purported to be created under any Loan Document. 
 Section 8.2    Remedies. If an
Event of Default shall have occurred and be continuing, in addition to the rights and remedies set forth elsewhere in this Agreement, the other Loan Documents or under Applicable Law: 

(a)    With the exception of an Event of Default specified in Section 8.1(g) or (h), the Administrative Agent may in
its discretion (unless otherwise instructed by the Required Lenders) or shall at the direction of the Required Lenders, (i) terminate the Commitments, or (ii) declare the principal of and interest on the Loans and all other Obligations
(other than any Bank Products Obligations) to be forthwith due and payable without presentment, demand, protest, or notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in any other Loan Document to the
contrary notwithstanding, or both. 
 (b)    Upon the occurrence and continuance of an Event of Default specified in
Sections 8.1(g) or (h), such principal, interest, and other Obligations (other than any Bank Products Obligations) 

  
 66 

 
shall thereupon and concurrently therewith become due and payable, and the Commitments shall forthwith terminate, all without any action by the Lender Group, or any of them and without
presentment, demand, protest, or other notice of any kind, all of which are expressly waived, anything in this Agreement or in any other Loan Document to the contrary notwithstanding. 

(c)    The Administrative Agent may in its discretion (unless otherwise instructed by the Required Lenders) or shall at
the direction of the Required Lenders exercise all of the post-default rights granted to the Lender Group, or any of them, under the Loan Documents or under Applicable Law. 

(d)    In regard to all Letters of Credit with respect to which presentment for honor shall not have occurred at the time
of any acceleration of the Obligations pursuant to the provisions of this Section 8.2 or, upon the request of the Administrative Agent, after the occurrence of an Event of Default and prior to acceleration, the Borrower shall promptly upon
demand by the Administrative Agent deposit in a Letter of Credit Reserve Account opened by the Administrative Agent for the benefit of the Lender Group an amount equal to one hundred and three percent (103%) of the aggregate then undrawn and
unexpired amount of such Letter of Credit Obligations. Amounts held in such Letter of Credit Reserve 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 such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to repay other Obligations in the manner set forth in Section 2.12. Pending the application of such deposit to the payment of the reimbursement
obligations of the Borrower under Section 2.2(c), the Administrative Agent shall, to the extent reasonably practicable, invest such deposit in an interest bearing open account or similar available savings deposit account and all interest
accrued thereon shall be held with such deposit as security for the Letter of Credit Obligations. After all such Letters of Credit shall have expired or been fully drawn upon, all the reimbursement obligations of the Borrower under
Section 2.2(c) shall have been satisfied, and all other Letter of Credit Obligations shall have been paid in full, the balance, if any, in such Letter of Credit Reserve Account shall be returned to the Borrower. Except as expressly provided
hereinabove, presentment, demand, protest and all other notices of any kind are hereby expressly waived by the Borrower. 

(e)    The rights and remedies of the Lender Group hereunder shall be cumulative, and not exclusive. 

ARTICLE 9 
 THE ADMINISTRATIVE
AGENT 
 Section 9.1    Appointment of the Administrative Agent. 

(a)    Each Lender irrevocably appoints Truist Bank as the Administrative Agent and authorizes it to take such actions on
its behalf and to exercise such powers as are delegated to the Administrative Agent under this Agreement and the other Loan Documents, together with all such actions and powers that are reasonably incidental thereto. The Administrative Agent may
perform any of its duties hereunder or under the other Loan Documents by or through any one or more sub-agents or
attorneys-in-fact appointed by the Administrative Agent. The Administrative Agent and any such sub-agent or attorney-in-fact may perform any and all of its duties and exercise its rights and powers through their respective Related Parties. The exculpatory provisions set forth in
this Article shall apply to any such sub-agent, attorney-in-fact or Related Party and shall apply to their respective activities
in connection with the syndication of the credit facilities provided for herein as well as activities as the Administrative Agent. 

(b)    The Issuing Bank shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the
documents associated therewith until such time and except for so long as the 

  
 67 

 
Administrative Agent may agree at the request of the Required Lenders to act for the Issuing Bank with respect thereto; provided that the Issuing Bank shall have all the benefits and
immunities (i) provided to the Administrative Agent in this Article with respect to any acts taken or omissions suffered by the Issuing Bank in connection with Letters of Credit issued by it or proposed to be issued by it and the application
and agreements for letters of credit pertaining to the Letters of Credit as fully as if the term “Administrative Agent” as used in this Article included the Issuing Bank with respect to such acts or omissions and (ii) as additionally
provided in this Agreement with respect to the Issuing Bank. 
 Section 9.2    Nature of Duties of the
Administrative Agent. The Administrative Agent shall not have any duties or obligations except those expressly set forth in this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, (a) the
Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or an Event of Default has occurred and is continuing, (b) the Administrative Agent shall not have any duty to take any
discretionary action or exercise any discretionary powers, except those discretionary rights and powers expressly contemplated by the Loan Documents that the Administrative Agent is required to exercise in writing by the Required Lenders (or such
other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 10.12), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of
its counsel, may expose the Administrative Agent to liability or that is contrary to any Loan Document or Applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic stay under the Bankruptcy Code or any
other bankruptcy law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of the Bankruptcy Code or any other bankruptcy law; and (c) except as expressly set forth in the Loan Documents,
the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the Administrative Agent or
any of its Affiliates in any capacity. The Administrative Agent shall not be liable for any action taken or not taken by it, its sub-agents or its attorneys-in-fact with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 10.12)
or in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents or attorneys-in-fact selected by it with reasonable care. The Administrative Agent shall not be deemed to have knowledge of any Default or Event of Default unless and until written notice thereof (which notice
shall include an express reference to such event being a “Default” or “Event of Default” hereunder) is given to the Administrative Agent by the Borrower or any Lender, and the Administrative Agent shall not be responsible for or
have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or
in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements, or other terms and conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of
any Loan Document or any other agreement, instrument or document, or (v) the satisfaction of any condition set forth in Article 4 or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to
the Administrative Agent. The Administrative Agent may consult with legal counsel (including counsel for the Borrower) concerning all matters pertaining to such duties. 

Section 9.3    Lack of Reliance on the Administrative Agent. Each of the Lenders, the Swing Bank and the
Issuing Bank acknowledges that it has, independently and without reliance upon the Administrative Agent, the Issuing Bank or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and
decision to enter into this Agreement. Each of the Lenders, the Swing Bank and the Issuing Bank also acknowledges that it will, independently and without reliance upon the Administrative Agent, the Issuing Bank or any other Lender and based on such
documents and information as it has deemed appropriate, continue to make its own decisions in taking or not taking any action under or based on this Agreement, any related agreement or any document furnished hereunder or thereunder. 

  
 68 

 Section 9.4    Certain Rights of the Administrative Agent.
If the Administrative Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Administrative Agent shall be entitled to refrain from such
act or taking such act unless and until it shall have received instructions from such Lenders, and the Administrative Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any
right of action whatsoever against the Administrative Agent as a result of the Administrative Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders where required by the terms of this Agreement.

 Section 9.5    Reliance by the Administrative Agent. The Administrative Agent shall be entitled to rely
upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, posting or other distribution) believed by it to be genuine and
to have been signed, sent or made by the proper Person. The Administrative Agent may also rely upon any statement made to it orally or by telephone and believed by it to be made by the proper Person and shall not incur any liability for relying
thereon. The Administrative Agent may consult with legal counsel (including counsel for the Borrower), independent public accountants and other experts selected by it and shall not be liable for any action taken or not taken by it in accordance with
the advice of such counsel, accountants or experts. 
 Section 9.6    The Administrative Agent in its Individual
Capacity. The bank serving as the Administrative Agent shall have the same rights and powers under this Agreement and any other Loan Document in its capacity as a Lender as any other Lender and may exercise or refrain from exercising the same as
though it were not the Administrative Agent; and the terms “Lenders”, “Required Lenders” or any similar terms shall, unless the context clearly otherwise indicates, include the Administrative Agent in its individual capacity. The
bank acting as the Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower or any Subsidiary or Affiliate of the Borrower as if it were not the Administrative
Agent hereunder. 
 Section 9.7    Successor Administrative Agent. 

(a)    The Administrative Agent may resign at any time by giving notice thereof to the Lenders and the Borrower. Upon any
such resignation, the Required Lenders shall have the right to appoint a successor Administrative Agent, subject to approval by the Borrower provided that no Default or Event of Default shall exist at such time. If no successor Administrative Agent
shall have been so appointed, and shall have accepted such appointment within thirty (30) days after the retiring Administrative Agent gives notice of resignation, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a
successor Administrative Agent which shall be a commercial bank organized under the laws of the United States or any state thereof or a bank which maintains an office in the United States. 

(b)    Upon the acceptance of its appointment as the Administrative Agent hereunder by a successor, such successor
Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and
obligations under this Agreement and the other Loan Documents. If, within forty-five (45) days after written notice is given of the retiring Administrative Agent’s resignation under this Section, no successor Administrative Agent shall
have been appointed and shall have accepted such appointment, then on such 45th day (i) the retiring Administrative Agent’s resignation shall become effective, (ii) the retiring
Administrative Agent shall thereupon be discharged from its duties and obligations under the Loan Documents and (iii) the Required Lenders shall 

  
 69 

 
thereafter perform all duties of the retiring Administrative Agent under the Loan Documents until such time as the Required Lenders appoint a successor Administrative Agent as provided above.
After any retiring Administrative Agent’s resignation hereunder, the provisions of this Article shall continue in effect for the benefit of such retiring or removed Administrative Agent and its representatives and agents in respect of any
actions taken or not taken by any of them while it was serving as the Administrative Agent. The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between
the Borrower and such successor. 
 (c)    In addition to the foregoing, if a Lender becomes, and during the period it
remains, a Defaulting Lender, and if any Default has arisen from a failure of the Borrower to comply with Section 2.15, then the Issuing Bank and the Swing Bank may, upon prior written notice to the Borrower and the Administrative Agent, resign
as Issuing Bank or as Swing Bank, as the case may be, effective at the close of business Charlotte, North Carolina time on a date specified in such notice (which date may not be less than five (5) Business Days after the date of such notice).

 Section 9.8    Withholding Tax. To the extent required by any Applicable Law, the Administrative Agent
may withhold from any interest payment to any Lender an amount equivalent to any applicable withholding tax. If the Internal Revenue Service or any authority of the United States or any other jurisdiction asserts a claim that the Administrative
Agent did not properly withhold tax from amounts paid to or for the account of any Lender (because the appropriate form was not delivered or was not properly executed, or because such Lender failed to notify the Administrative Agent of a change in
circumstances that rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason), such Lender shall indemnify the Administrative Agent (to the extent that the Administrative Agent has not already been reimbursed
by the Borrower and without limiting the obligation of the Borrower to do so) fully for all amounts paid, directly or indirectly, by the Administrative Agent as tax or otherwise, including penalties and interest, together with all expenses incurred,
including legal expenses, allocated staff costs and any out of pocket expenses. 
 Section 9.9    The
Administrative Agent May File Proofs of Claim. 
 (a)    In case of the pendency of any receivership, insolvency,
liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Credit Party, the Administrative Agent (irrespective of whether any Obligations shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 

(i)    to file and prove a claim for the whole amount of the principal and interest owing and unpaid in
respect of the Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the Issuing Bank and the Administrative Agent (including any claim for the reasonable
compensation, expenses, disbursements and advances of the Lenders, the Issuing Bank and the Administrative Agent and its agents and counsel and all other amounts due the Lenders, the Issuing Bank and the Administrative Agent under Article 6 and
10.2) allowed in such judicial proceeding; and 
 (ii)    to collect and receive any monies or other
property payable or deliverable on any such claims and to distribute the same. 
 (b)    Any custodian, receiver,
assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and the Issuing Bank to make 

  
 70 

 
such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the Issuing Bank, to pay to the Administrative
Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Article 6 and 10.2. 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any
Lender or the Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such
proceeding. 
 Section 9.10    Indemnification. The Lenders shall indemnify (to the extent not reimbursed by
the Borrower) and hold harmless the Administrative Agent and each of its employees, representatives, officers, directors, agents, consultants, counsel, accountants, and advisors (each an “Administrative Agent Indemnified Person”)
pro rata in accordance with their Revolving Commitment Percentages from and against any and all claims, liabilities, investigations, losses, damages, actions, demands, penalties, judgments, suits, investigations, costs, expenses (including fees and
expenses of experts, agents, consultants and counsel) and disbursements, in each case, of any kind or nature (whether or not an Administrative Agent Indemnified Person or any such Lender is a party to any such action, suit or investigation)
whatsoever which may be imposed on, incurred by, or asserted against an Administrative Agent Indemnified Person resulting from any breach or alleged breach by the Credit Parties of any representation or warranty made hereunder, or otherwise in any
way relating to or arising out of the Commitments, this Agreement, the other Loan Documents or any other document contemplated by this Agreement or any action taken or omitted by the Administrative Agent under this Agreement, any other Loan
Document, or any other document contemplated by this Agreement (other than Bank Products Documents), the making, administration or enforcement of the Loan Documents and the Loans or any transaction contemplated hereby or any related matters unless,
with respect to any of the above, such Administrative Agent Indemnified Person is determined by a final non-appealable judgment of a court of competent jurisdiction to have acted or failed to act with gross
negligence or willful misconduct. This Section 9.10 is for the benefit of each Administrative Agent Indemnified Person and shall not in any way limit the obligations of the Credit Parties under Article 6. The provisions of this
Section 9.10 shall survive the termination of this Agreement. 
 Section 9.11    Authorization to Execute
Other Loan Documents. Each Lender hereby authorizes the Administrative Agent to execute on behalf of all Lenders all Loan Documents other than this Agreement. 

Section 9.12    [Reserved]. 

Section 9.13    Syndication Agents. Each Lender hereby designates Wells Fargo Bank, National Association, U.S.
Bank National Association and Regions Bank as Co-Syndication Agents and agrees that the Syndication Agents shall have no duties or obligations under any Loan Documents in their respective capacities as Co-Syndication Agents to any Lender or any Credit Party. 

Section 9.14    [Reserved]. 

Section 9.15    Bank Products Obligations. No Bank Products Provider that obtains the benefits of
Section 2.12 by virtue of the provisions hereof or of any other Loan Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as
a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other
satisfactory arrangements have been made with respect to, Bank Products Obligations unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request,
from the applicable Bank Products Provider, as the case may be. 

  
 71 

 ARTICLE 10 

MISCELLANEOUS 

Section 10.1    Notices. 

(a)    All notices and other communications under this Agreement shall be in writing and shall be deemed to have been given
five (5) days after deposit in the mail, designated as certified mail, return receipt requested, postage-prepaid, or one (1) day after being entrusted to a reputable commercial overnight delivery service, or when sent out (with receipt
confirmed) by facsimile (or to the extent specifically permitted under Section 10.1(c) only, when sent out by electronic means) addressed to the party to which such notice is directed at its address determined as in this Section 10.1. All
notices and other communications under this Agreement shall be given to the parties hereto at the following addresses: 
  

	 	(i)	 If to any Credit Party, to such Credit Party in care of the Borrower at: 

Vulcan Materials Company 
 1200
Urban Center Drive 
 Birmingham, Alabama 35242 

Attn: Treasury Services 

Telecopy No.: 205-298-2962 

With a copy to (which shall not constitute notice): 

Vulcan Materials Company 
 1200
Urban Center Drive 
 Birmingham, Alabama 35242 

Attn: General Counsel 
 With a
copy to (which shall not constitute notice): 
 Womble Bond Dickinson (US) LLP 

One West Fourth Street 

Winston-Salem, North Carolina 27101 

Attn: Will Walker, Esq. 
  

	 	(ii)	 If to the Administrative Agent, to it at: 

Truist Bank 
 3333 Peachtree
Road NE, 8th Floor 
 Atlanta, Georgia 30326 

Telecopy No.: 404-439-7409 

Attention: Portfolio Manager 

  
 72 

 With a copy to (which shall not constitute notice): 

Jones Day 
 1420 Peachtree
Street, N.E. 
 Suite 800 

Atlanta, Georgia 30309 
 Attn:
Aldo LaFiandra, Esq. 
 Telecopy No: 404-581-8330 

(iii)    If to the Lenders, to them at the addresses set forth on the signature pages of this Agreement or
in any Assignment and Acceptance pursuant to which such Lender became a Lender hereunder; and 

(iv)    If to the Issuing Bank, at the address set forth on the signature pages of this Agreement. 

(b)    Any party hereto may change the address to which notices shall be directed under this Section 10.1 by giving
five (5) Business Days’ prior written notice of such change to the other parties. 
 (c)    (i) Notices and
other communications to the Lender Group hereunder may be delivered or furnished by electronic communication (including email and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the
foregoing shall not apply to notices to any Lender Group member pursuant to Article 2 if such Lender Group member, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Section by electronic
communication. The Administrative Agent or Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such
procedures may be limited to particular notices or communications. Unless the Administrative Agent otherwise prescribes, (x) notices and other communications sent to an email address shall be deemed received upon the sender’s receipt of an
acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return email or other written acknowledgement), provided that if such notice or other communication is not sent during
the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient, and (y) notices or communications posted to an Internet or
intranet website shall be deemed received upon the deemed receipt by the intended recipient at its email address as described in the foregoing clause (x) of notification that such notice or communication is available and identifying the website
address therefor. 
 (ii)    Each of the Credit Parties understands that the distribution of material through an
electronic medium is not necessarily secure and that there are confidentiality and other risks associated with such distribution and agrees and assumes the risks associated with such electronic distribution, except to the extent caused by the
willful misconduct or gross negligence of the Administrative Agent as determined by a final, nonappealable court of competent jurisdiction. 

(iii)    The Platform is provided “as is” and “as available.” Neither of the Administrative Agent nor
any of its officers, directors, employees, agents, advisors or representatives warrant the accuracy, adequacy, or completeness of the Platform and each expressly disclaims liability for errors or omissions in the Platform. No warranty of any kind,
express, implied or statutory, including any warranty of merchantability, fitness for a particular purpose, non-infringement of third party rights or freedom from viruses or other code defects is made by the
Affiliates of the Administrative Agent in connection with the Platform. 

  
 73 

 (iv)    Each of the Credit Parties, the Lenders and the Issuing Banks
agree that the Administrative Agent may, but shall not be obligated to, (A) store any electronic communications received in connection with this Agreement on the Platform in accordance with the Administrative Agent’s customary document
retention procedures and policies and (B) deliver any information required to be delivered to the Lenders under Article 6 by posting such information on the Platform. 

Section 10.2    Expenses. The Borrower agrees to promptly pay or promptly reimburse: 

(a)    All reasonable out-of-pocket
expenses of the Administrative Agent and its Affiliates in connection with the preparation, negotiation, execution, delivery and syndication of this Agreement, and the other Loan Documents and the transactions contemplated hereunder and thereunder,
including, but not limited to, the reasonable fees and disbursements of counsel, advisors, and consultants for the Administrative Agent and its Affiliates; 

(b)    All reasonable out-of-pocket
expenses of the Administrative Agent and its Affiliates in connection with the administration of the transactions contemplated in this Agreement, and the other Loan Documents, and the preparation, negotiation, execution, and delivery of any waiver,
amendment, or consent and all due diligence and audits related thereto by the Lenders relating to this Agreement, or the other Loan Documents, including, but not limited to the reasonable fees and disbursements of counsel, advisors, and consultants
for the Administrative Agent and its Affiliates; 
 (c)    All reasonable out-of-pocket expenses incurred by the Issuing Bank in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder; and 

(d)    All out-of-pocket expenses of the
Administrative Agent and its Affiliates, the Issuing Bank, the Swing Bank, and any Lender in connection with any restructuring, refinancing, or “work out” of the transactions contemplated by this Agreement, and of obtaining performance and
enforcing their rights under this Agreement, and the other Loan Documents, and all out-of-pocket expenses of collection if default is made in the payment of the
Obligations, which in each case shall include the fees and out-of-pocket expenses of counsel for the Administrative Agent, the Issuing Bank, the Swing Bank, any Lender
and their respective Affiliates but limited, in the case of legal fees and expenses, to the fees and expenses of one counsel for all parties absent a conflict of interest (and, in the event of a conflict of interest, one additional counsel for the
parties subject to such conflict) and the fees and out-of-pocket expenses of any experts, consultants, agents, or advisors engaged by the Administrative Agent (on behalf
of the Issuing Bank, the Swing Bank, the Lenders, and any of their respective Affiliates). 

Section 10.3    Waivers. The rights and remedies of the Lender Group under this Agreement, and the other Loan
Documents shall be cumulative and not exclusive of any rights or remedies which they would otherwise have. No failure or delay by the Lender Group, or any of them, or the Required Lenders in exercising any right shall operate as a waiver of such
right. The Lender Group expressly reserves the right to require strict compliance with the terms of this Agreement in connection with any funding of a request for a Loan. In the event the Lenders decide to fund a request for a Loan at a time when
the Borrower is not in strict compliance with the terms of this Agreement, such decision by the Lenders shall not be deemed to constitute an undertaking by the Lenders to fund any further requests for Loans or preclude the Lenders from exercising
any rights available to the Lenders under the Loan Documents or at law or equity. Any waiver or indulgence granted by the Lenders or the Required Lenders shall not constitute a modification of this Agreement, except to the extent expressly provided
in such waiver or indulgence, or constitute a course of dealing by the Lenders at variance with the terms of the Agreement such as to require further notice by the Lenders of the Lenders’ intent to require strict adherence to the terms of the
Agreement in the future. Any such actions shall not in any way affect the ability of the Lenders, in their discretion, to exercise any rights available to them under this Agreement or under any other agreement, whether or not the Lenders are party,
relating to the Borrower. 

  
 74 

Section 10.4    Set-Off. In addition to any rights now or hereafter
granted under Applicable Law and not by way of limitation of any such rights, except to the extent limited by Applicable Law, at any time that an Event of Default exists, each member of the Lender Group and each subsequent holder of the Obligations
is hereby authorized by the Credit Parties at any time or from time to time, without notice to the Credit Parties or to any other Person, any such notice being hereby expressly waived, to set-off and to
appropriate and apply any and all deposits (general or special, time or demand, including, but not limited to, Indebtedness evidenced by certificates of deposit, in each case whether matured or unmatured, but not including any amounts held by any
member of the Lender Group or any of its Affiliates in any escrow account) and any other Indebtedness at any time held or owing by any member of the Lender Group or any such holder to or for the credit or the account of any Credit Party, against and
on account of the obligations and liabilities of the Credit Parties, to any member of the Lender Group or any such holder under this Agreement, any Revolving Loan Notes and any other Loan Document, including, but not limited to, all claims of any
nature or description arising out of or connected with this Agreement, any Revolving Loan Notes or any other Loan Document, irrespective of whether or not (a) the Lender Group shall have made any demand hereunder or (b) the Lender Group
shall have declared the Obligations (other than Bank Products Obligations) to be due and payable as permitted by Section 8.2 and although said obligations and liabilities, or any of them, shall be contingent or unmatured; provided that
in the event that any Defaulting Lender shall exercise any such right of set-off, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in
accordance with the provisions of Section 2.15 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 Bank, and the
Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of set-off. Any sums obtained by any member of the Lender Group or by any subsequent holder of the Obligations shall be subject to the application of payments provisions of Article 2. 

Section 10.5    Assignment. 

(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, except that no Credit Party may 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
any Credit Party without such consent shall be null and void); provided that nothing in this Section shall prohibit any merger, consolidation, liquidation or dissolution permitted under Section 7.4. Nothing in this Agreement, expressed
or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby and, to the extent expressly contemplated hereby, the Affiliates of the Administrative Agent) any legal
or equitable right, remedy or claim under or by reason of this Agreement. 
 (b)    Any Lender (and any Lender that is
an Issuing Bank) may assign to one or more Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitments and Loans and, if applicable, all or a portion of its portion of the
Letter of Credit Commitment and excluding rights and obligations with respect to Bank Products Documents); provided that (i) except in the case of an assignment of the entire remaining amount of the assigning Lender’s portion of the
Commitments and the Loans, the portion of the Commitments of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent),
shall not be less than $1,000,000, (ii) except in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund with respect to a Lender, any assignment shall require the prior written consent of the Administrative Agent and,
so long as no 

  
 75 

 
Default or Event of Default exists, the Borrower (each such consent not to be unreasonably withheld or delayed); provided, however, that if the consent of the Borrower to an
assignment or to an Eligible Assignee is required hereunder (including a consent to an assignment which does not meet the minimum assignment thresholds specified in this Section), the Borrower shall be deemed to have given its consent five
(5) Business Days after the date notice thereof has been delivered by the assigning Lender (through the Administrative Agent) unless such consent is expressly refused by the Borrower prior to such fifth Business Day, and (iii) the parties
to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee of $3,500, and the Eligible Assignee, if it shall not be a Lender, shall deliver to the
Administrative Agent an Administrative Questionnaire. Not in limitation of the foregoing, in connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in
addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be
outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously
requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the
Administrative Agent, the Issuing Bank, the Swing Bank and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and
Swing Loans; provided, that, notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under Applicable Law without compliance with the provisions of
this sentence, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. Subject to acceptance and recording thereof by the Administrative Agent pursuant to
paragraph (c) of this Section, from and after the effective date specified in each Assignment and Acceptance, the Eligible Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and
Acceptance, 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 Acceptance, be released from its obligations under this Agreement
(and, in the case of an Assignment and Acceptance 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
2.9(b), 2.10, 6.14, 6.15, 11.3 and 11.5); provided that, except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder
arising from such Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this paragraph shall be treated for purposes of this Agreement as a sale
by such Lender of a participation in such rights and obligations in accordance with paragraph (d) of this Section. 

(c)    The Administrative Agent, acting solely for this purpose as an agent of the Borrower, shall maintain at the
Administrative Agent’s Office a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders, and the portion of the Commitments of, and principal amount (and stated
interest) of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, absent manifest error, and the Borrower, the Administrative Agent and the
Lenders may 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. The Register shall be available for inspection by the
Borrower and any Lender, at any reasonable time upon reasonable prior notice. 
 (d)    Any Lender may, without the
consent of, or notice to, the Borrower or the Administrative Agent, sell participations to one or more banks or other entities (a “Participant”) in all or a 

  
 76 

 
portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitments and/or Loans); 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, (iii) the Borrower and the Lender Group shall continue to deal
solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement and (iv) in no event shall any Credit Party or any Affiliate of any Credit Party be a Participant. Any agreement or
instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement;
provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, to the extent the Participant is adversely effected thereby, agree to any amendment, modification or waiver with respect
to any extensions, postponements or delays of the applicable Maturity Date or the scheduled date of payment of interest or principal or fees, any reduction of principal (without a corresponding payment with respect thereto), or reduction in the rate
of interest (other than a waiver in respect of application of the Default Rate) or fees due to the Lender hereunder or any other Loan Documents. Subject to paragraph (e) of this Section, the Borrower agrees that each Participant shall be
entitled to the benefits of Sections 2.9(b), 2.10, 6.14, 6.15 and 11.3 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. To the extent permitted by law, each
Participant also shall be entitled to the benefits of Section 10.4 as though it were a Lender, provided such Participant agrees to be subject to Sections 2.11(b) and 10.16 as though it were a Lender. 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 10.16 with respect to any Participant. Each Lender that sells a participation
shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest)
of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant
Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that
such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The
entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement
notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(e)    A Participant shall not be entitled to the benefits of Section 2.9(b) unless the Borrower is notified of the
participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 2.9(b) as though it were a Lender. 

(f)    A Participant shall not be entitled to receive any greater payment under Section 2.9(b) or Section 11.3
than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. 

(g)    Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this
Agreement to secure obligations of such Lender, including without limitation (i) any pledge or assignment to secure obligations to a Federal Reserve Bank and (ii) in the case of any Lender that is a Fund, any pledge or assignment of all or
any portion of such Lender’s rights under this Agreement to any holders of obligations owed, or securities issued, by such Lender as security for such obligations or securities, or to any trustee for, or any other representative of, such
holders, and this Section shall not apply 

  
 77 

 
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. 
 Section 10.6    Counterparts.
This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all such separate counterparts shall together constitute but one and the same instrument. In proving this Agreement or any other Loan
Document in any judicial proceedings, it shall not be necessary to produce or account for more than one such counterpart signed by the party against whom such enforcement is sought. Any signatures delivered by a party by facsimile transmission or by
e-mail transmission of an electronic file in Adobe Corporation’s Portable Document Format or PDF file shall be deemed an original signature hereto. The foregoing shall apply to each other Loan Document
mutatis mutandis. 
 Section 10.7    Under Seal; Governing Law. This Agreement and the other Loan
Documents are intended to take effect as sealed instruments and shall be construed in accordance with and governed by the laws of the State of New York, without regard to the conflict of laws principles thereof, except to the extent otherwise
provided in the Loan Documents. 
 Section 10.8    Severability. Any provision of this Agreement which is
prohibited or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof in that jurisdiction or affecting the validity or enforceability of such provision in any
other jurisdiction. 
 Section 10.9    Headings. Headings used in this Agreement are for convenience only
and shall not be used in connection with the interpretation of any provision hereof. 
 Section 10.10    Source
of Funds. Notwithstanding the use by the Lenders of the Base Rate and the Eurodollar Rate as reference rates for the determination of interest on the Loans, the Lenders shall be under no obligation to obtain funds from any particular source in
order to charge interest to the Borrower at interest rates tied to such reference rates. 

Section 10.11    Entire Agreement. THIS WRITTEN AGREEMENT, TOGETHER WITH THE OTHER LOAN DOCUMENTS, REPRESENTS
THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. Each Credit Party represents and
warrants to the Lender Group that it has read the provisions of this Section 10.11 and discussed the provisions of this Section 10.11 and the rest of this Agreement with counsel for such Credit Party, and such Credit Party acknowledges and
agrees that the Lender Group is expressly relying upon such representations and warranties of such Credit Party (as well as the other representations and warranties of such Credit Party set forth in this Agreement and the other Loan Documents) in
entering into this Agreement. 
 Section 10.12    Amendments and Waivers. 

(a)    Neither this Agreement nor any other Loan Document may be amended or waived orally but instead may only be amended
or waived by an instrument in writing signed by the Required Lenders, or in the case of Loan Documents executed by the Administrative Agent (and not the other members of the Lender Group), signed by the Administrative Agent and approved by the
Required Lenders and, in the case of an amendment, also by the Borrower, except that: (i) (A) the consent of each of the Lenders shall be required for any contractual subordination of the payment of the Obligations to any other Indebtedness,
(B) the consent of each of the Lenders affected thereby shall be required for any extensions, 

  
 78 

 
postponements or delays of the Maturity Date or the scheduled date of payment of interest or principal or fees, or any reduction of principal (without a corresponding payment with respect
thereto), or reduction in the rate of interest or fees due to the Lenders hereunder or under any other Loan Documents (other than a waiver in respect of matters related to the Default Rate, which shall require the approval of only the Required
Lenders), or any amendment or modification of the definition of “Applicable Margin” or the definition of any component thereof if the effect thereof is to reduce the rate of interest or fees due to the Lenders hereunder or under any other
Loan Documents, (C) the consent of each of the Lenders affected thereby shall be required for any amendment of this Section 10.12 or of the definition of “Required Lenders” or any other provision of the Loan Documents specifying
the number or percentage of Lenders required to waive, amend or modify any rights thereunder or make any determination or grant any consent thereunder; (D) the Commitments of a Lender may not be increased without the consent of such Lender; and
(E) the consent of each of the Lenders shall be required for any amendment to Section 2.11 or 2.12 or any other provision of this Agreement or any of the other Loan Documents that addresses the matters described in such Sections or any
other action which would directly or indirectly have the effect of amending any of such Sections or provisions; (ii) the consent of the Issuing Bank shall be required for any amendment to Section 2.2, Section 2.15 (as it relates to
the issuance of any Letter of Credit), or the definition of “Letter of Credit Commitment”; (iii) [reserved]; (iv) the consent of the Swing Bank shall be required for any amendment to Section 2.1(b), Section 2.3(d), or
Section 2.15 (as it relates to the making of any Swing Loan); and (v) the consent of the Administrative Agent only shall be required to amend Schedule 1.1(a) to reflect assignments of all or any portion of the Commitments and Loans
in accordance with this Agreement; provided that any amendment or waiver under this Agreement or the other Loan Documents which by its terms requires the consent of all Lenders or each affected Lender may be accomplished without the consent
of any Defaulting Lender except that (a) the Commitments of such Defaulting Lender may not be increased or extended without the consent of such Defaulting Lender and (b) any waiver, amendment or modification requiring the consent of all
Lenders or each affected Lender that by its terms affects any Defaulting Lender more adversely than other affected Lenders shall require the consent of such Defaulting Lender. In addition to the required consents set forth above, if any Credit Party
has entered into a Hedge Transaction with Truist Bank or any of its Affiliates while Truist Bank was the Administrative Agent, and if Truist Bank is no longer the Administrative Agent, the consent of Truist Bank or such Affiliate of Truist Bank, as
applicable, shall be required for any amendment to Section 2.12 or any amendment described in clause (i)(A) above. Any amendment, modification, waiver, consent, termination or release of any Bank Products Documents may be effected by the
parties thereto without the consent of the Lender Group. Notwithstanding anything contained herein to the contrary, this Agreement may be amended and restated without the consent of any Lender (but with the consent of the Borrower and the
Administrative Agent) if, upon giving effect to such amendment and restatement, such Lender shall no longer be a party to this Agreement (as so amended and restated), the portion of the Revolving Loan Commitment and Letter of Credit Commitment, if
applicable, of such Lender shall have terminated (but such Lender shall be entitled to the benefit of Article 11 and Section 10.2), such Lender shall have no other commitment or other obligation hereunder and shall have
been paid in full all principal, interest and other amounts owing to it or accrued for its account under this Agreement. Any provision of this Agreement or any other Loan Document may be amended by an agreement in writing entered into by the
Borrower and the Administrative Agent to cure any ambiguity, omission, defect or inconsistency and to reflect entity name changes and organizational restructurings permitted hereunder so long as, in each case, the Lenders shall have received at
least five (5) Business Days’ prior written notice thereof and the Administrative Agent shall not have received, within five Business Days of the date of such notice to the Lenders, a written notice from the Required Lenders stating that
the Required Lenders object to such amendment. 
 (b)    Each Lender grants to the Administrative Agent the right to
purchase all (but not less than all) of such Lender’s portion of the Commitments, the Letter of Credit Commitment, the Loans and Letter of Credit Obligations and any Revolving Loan Notes held by it and all of its rights and obligations
hereunder and under the other Loan Documents at a price equal to the par value of the Obligations (other 

  
 79 

 
than Bank Products Obligations) owed to such Lender under the Loan Documents plus the amount necessary to cash collateralize any Letters of Credit issued by such Lender, which right may be
exercised by the Administrative Agent if such Lender for whatever reason fails to execute and deliver any amendment, waiver or consent which requires the written consent of all of the Lenders and to which the Required Lenders, the Administrative
Agent and the Borrower have agreed, within five (5) Business Days of the date the execution version thereof was delivered to such Lender. Each Lender agrees that if the Administrative Agent exercises its option hereunder, it shall promptly
(but, in any event, within three (3) Business Days) execute and deliver an Assignment and Acceptance and other agreements and documentation necessary to effectuate such assignment. The Administrative Agent may assign its purchase rights
hereunder to any assignee if such assignment complies with the requirements of Section 10.5(b). 
 (c)    If any
fees are paid to the Lenders as consideration for amendments, waivers or consents with respect to this Agreement, at the Administrative Agent’s election, such fees may be paid only to those Lenders that agree to such amendments, waivers or
consents within the time specified for submission thereof. 
 Section 10.13    Other Relationships. No
relationship created hereunder or under any other Loan Document shall in any way affect the ability of any member of the Lender Group to enter into or maintain business relationships with the Borrower, or any of its Affiliates, beyond the
relationships specifically contemplated by this Agreement and the other Loan Documents. 

Section 10.14    Pronouns. The pronouns used herein shall include, when appropriate, either gender and both
singular and plural, and the grammatical construction of sentences shall conform thereto. 

Section 10.15    Disclosure. The Administrative Agent, with the consent of the Borrower, shall have the right
to issue press releases regarding the making of the Loans and issuance of Letters of Credit and the Commitments to the Borrower pursuant to the terms of this Agreement. 

Section 10.16    Replacement of Lender. In the event that a Replacement Event (as defined below) occurs and is
continuing with respect to any Lender, the Borrower may designate another financial institution (such financial institution being herein called a “Replacement Lender”) acceptable to the Administrative Agent, and which is not the
Borrower or an Affiliate of the Borrower, to assume such Lender’s Commitments hereunder, to purchase the Loans and participations of such Lender and such Lender’s rights hereunder and (if such Lender is the Issuing Bank) to issue Letters
of Credit in substitution for all Letters of Credit issued by such Lender, without recourse to or representation or warranty by, or expense to, such Lender for a purchase price equal to the par value of the Obligations owed to such Lender under the
Loan Documents plus amounts necessary to cash collateralize any Letters of Credit issued by such Lender, and upon such assumption, purchase and substitution, and subject to the execution and delivery to the Administrative Agent by the Replacement
Lender of documentation satisfactory to the Administrative Agent (pursuant to which such Replacement Lender shall assume the obligations of such original Lender under this Agreement), the Replacement Lender shall succeed to the rights and
obligations of such Lender hereunder and such Lender shall no longer be a party hereto or have any rights hereunder provided that the obligations of the Borrower to indemnify such Lender with respect to any event occurring or obligations arising
before such replacement shall survive such replacement. The Administrative Agent is hereby irrevocably appointed as attorney-in-fact to execute any such documentation on
behalf of any Replacement Lender if such Replacement Lender fails to execute same within five (5) Business Days after being presented with such documentation. “Replacement Event” shall mean, with respect to any Lender,
(a) the commencement of or the taking of possession by, a receiver, custodian, conservator, trustee or liquidator of such Lender, or the declaration by the appropriate regulatory authority that such Lender is insolvent; (b) the making of
any claim by any Lender under Section 2.9(b), 11.2, 11.3 or 11.5, unless the changing of the lending office by such Lender would obviate the need of such Lender to make future claims 

  
 80 

 
under such Sections; (c) such Lender’s becoming a Defaulting Lender; or (d) such Lender refuses to consent to a proposed amendment, modification, waiver or other action requiring
consent of the holders of 100% of the Commitments or 100% of the affected Lenders under Section 10.12 that is consented to by the Required Lenders prior to the replacement of any such Lenders in connection therewith. 

Section 10.17    Confidentiality; Material Non-Public Information.

 (a)    No member of the Lender Group shall disclose any material non-public
confidential information (“MNPI”) regarding the Credit Parties or their Subsidiaries without the consent of the Borrower, other than (i) to any Related Party of any member of the Lender Group (it being understood that such
Related Parties will be informed of the confidential nature of such information and instructed to keep such information confidential), (ii) to the extent required by applicable laws or regulations or by any subpoena or similar legal process,
(iii) to the extent requested by any regulatory agency or authority purporting to have jurisdiction over it (including any self-regulatory authority such as the National Association of Insurance Commissioners), (iv) to the extent that such
information becomes publicly available other than as a result of a breach of this Section, or which becomes available to it on a non-confidential basis from a source other than the Credit Parties or any of
their Subsidiaries, (v) in connection with the exercise of any remedy hereunder or under any other Loan Documents or any suit, action or proceeding relating to this Agreement or any other Loan Documents or the enforcement of rights hereunder or
thereunder, (vi) to any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement (subject to the acknowledgment and acceptance by such assignee or participant that
such MNPI is being disseminated on a confidential basis (on substantially the terms set forth in this paragraph) in accordance with the standard processes of the Administrative Agent or customary market standards for dissemination of such type of
information (including “click-through” agreements), (vii) on a confidential basis to any rating agency and (viii) on a confidential basis to the CUSIP Service Bureau or any similar organization. 

(b)    The parties hereto agree that, except as provided in the immediately following sentence, all reports, notices,
communications and other information or materials provided or delivered by, or on behalf of, the Credit Parties or their Subsidiaries hereunder (collectively, the “Borrower Materials”) shall be deemed to contain MNPI for purposes of
US federal and state securities laws; provided that, upon the request of the Administrative Agent from time to time, the Credit Parties shall be entitled to require the Borrower to confirm whether any Borrower Materials that have been
provided or delivered hereunder do not contain MNPI. The Credit Parties represent, warrant, acknowledge and agree that the following documents and materials shall be deemed to be PUBLIC, whether or not so marked, and do not contain any MNPI:
(A) the Loan Documents, including the exhibits attached thereto, but excluding the schedules attached thereto, (B) administrative materials of a customary nature prepared by the Credit Parties or Administrative Agent (including, Request
for Loan, Notices of Conversion/Continuation, Request for Letter of Credit, Swing Loan requests and any similar requests or notices), and (C) information which has been filed by the Credit Parties with the Securities and Exchange Commission or
publicly disclosed by the Credit Parties. Before distribution of any Borrower Materials, at the request of the Administrative Agent, the Credit Parties agree to execute and deliver to the Administrative Agent a letter authorizing distribution of the
evaluation materials to prospective Lenders and their employees willing to receive MNPI, and a separate letter authorizing distribution of evaluation materials that do not contain MNPI and represent that no MNPI is contained therein. 

Section 10.18    Revival and Reinstatement of Obligations. If the incurrence or payment of the Obligations by
the Borrower or any other Credit Party, or the transfer to the Lender Group of any property, should for any reason subsequently be declared to be void or voidable under any state or Federal law relating to creditors’ rights, including
provisions of the Bankruptcy Code relating to fraudulent conveyances, preferences or other voidable or recoverable payments of money or transfers of property (collectively, a 

  
 81 

 
“Voidable Transfer”), and if the Lender Group, or any of them, is required to repay or restore, in whole or in part, any such Voidable Transfer, or elects to do so upon the
reasonable advice of its counsel, then, as to any such Voidable Transfer, or the amount thereof that the Lender Group, or any of them, is required or elects to repay or restore, and as to all reasonable costs, expenses and attorneys fees of the
Lender Group related thereto, the liability of the Borrower or such other Credit Party, as applicable, automatically shall be revived, reinstated and restored and shall exist as though such Voidable Transfer had never been made. 

Section 10.19    Contribution Obligations. 

(a)    Each Credit Party hereby subordinates any claims, including any right of payment, subrogation, contribution and
indemnity, that it may have from or against any other Credit Party, and any successor or assign of any other Credit Party, including any trustee, receiver or
debtor-in-possession, howsoever arising, due or owing or whether heretofore, now or hereafter existing, to the prior payment in full of all of the Obligations (other
than contingent indemnification obligations for which no claim has been made) in cash and termination of all Commitments; provided, unless an Event of Default shall then exist, the foregoing shall not prevent or prohibit the repayment of
intercompany accounts and loans, or intercompany asset transfers, among the Credit Parties in the ordinary course of business. 

(b)    Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents, to the extent
the joint obligations of any Credit Party shall be adjudicated to be invalid or unenforceable for any reason (including, without limitation, because of any applicable state or Federal law relating to fraudulent conveyances or transfers) then the
obligations of each Credit Party hereunder shall be limited to the maximum amount that is permissible under applicable law (whether Federal or state and including, without limitation, the Bankruptcy Code), after taking into account, among other
things, such Credit Party’s right of contribution and indemnification from each other Credit Party under this Agreement or applicable law. 

(c)    The provisions of this Section 10.19 are made for the benefit of the Lenders and their respective successors
and permitted assigns, and may be enforced by any such Person from time to time against any of the Credit Parties as often as occasion therefor may arise and without requirement on the part of any Lender first to marshal any of its claims or to
exercise any of its rights against any of the other Credit Parties or to exhaust any remedies available to it against any of the other Credit Parties or to resort to any other source or means of obtaining payment of any of the Obligations or to
elect any other remedy. The provisions of this Section 10.19 shall remain in effect until the payment in full of all of the Obligations (other than contingent indemnification obligations for which no claim has been made) in cash and termination
of all Commitments. If at any time, any payment, or any part thereof, made in respect of any of the Obligations, is rescinded or must otherwise be restored or returned by any Lender upon the insolvency, bankruptcy or reorganization of any of the
Credit Parties, or otherwise, the provisions of this Section 10.19 will forthwith be reinstated in effect, as though such payment had not been made. 

Section 10.20    No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction
contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), each Credit Party acknowledges and agrees that: (a) (i) the arranging and other services regarding this
Agreement provided by the Lender Group members are arm’s-length commercial transactions between such Credit Party and its Affiliates, on the one hand, and the Lender Group members, on the other hand,
(ii) such Credit Party has consulted its own legal, accounting, regulatory, and tax advisors to the extent it has deemed appropriate, and (iii) such Credit Party is capable of evaluating, and understands and accepts, the terms, risks, and
conditions of the transactions contemplated hereby and by the other Loan Documents; (b) (i) each of the Lender Group members is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has
not been, is not, and will not be acting as an advisor, agent, or fiduciary for any Credit Party or any of its Affiliates, or any 

  
 82 

 
other Person and (B) no Lender Group member has any obligation to any Credit Party or any of its Affiliates with respect to the transactions contemplated hereby except those obligations
expressly set forth herein and in the other Loan Documents; and (c) each of the Lender Group members and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of such Credit
Party and its Affiliates, and no Lender Group member has any obligation to disclose any of such interests to such Credit Party or its Affiliates. To the fullest extent permitted by law, each Credit Party hereby waives and releases any claims that it
may have against each of the Lender Group members with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 

Section 10.21    Qualified ECP Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely,
unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Credit Party to honor all of such Credit Party’s obligations under its Guaranty hereunder in respect of Hedge
Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 10.21 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this
Section 10.21 or otherwise under its Guaranty hereunder, as it relates to such other Credit Party, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each
Qualified ECP Guarantor under this Section 10.21 shall remain in full force and effect until termination of all Commitments and payment in full of all Obligations (other than contingent indemnification obligations) and the expiration or
termination of all Letters of Credit (other than any Letter of Credit for which the Letter of Credit Obligations have been Cash Collateralized or as to which other arrangements satisfactory to the Administrative Agent and the applicable Issuing Bank
shall have been made). Each Qualified ECP Guarantor intends that this Section 10.21 constitute, and this Section 10.21 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each other Credit
Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 

Section 10.22    Patriot Act. The Administrative Agent and each Lender hereby notifies the Credit
Parties that, pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies each Credit Party, which information includes the name and address of such Credit Party and other information that
will allow such Lender or the Administrative Agent, as applicable, to identify such Credit Party in accordance with the Patriot Act. 

Section 10.23    Acknowledgement and Consent to Bail-In of Affected
Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial
Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound
by: 
 (a)    the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such
liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and 

(b)    the effects of any Bail-in Action on any such liability, including, if
applicable: 
 (i)    a reduction in full or in part or cancellation of any such liability; 

(ii)    a conversion of all, or a portion of, such liability into shares or other instruments of ownership
in such Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with
respect to any such liability under this Agreement or any other Loan Document; or 

  
 83 

 (iii)    the variation of the terms of such liability in
connection with the exercise of the write-down and conversion powers of the applicable Resolution Authority. 
 ARTICLE 11 

YIELD PROTECTION 

Section 11.1    Inability to Determine Interest Rates. 

(a)    If, prior to the commencement of any Eurodollar Loan Period for any Eurodollar Loan: 

(i)    the Administrative Agent shall have determined (which determination shall be conclusive and binding
upon the Borrower) that, by reason of circumstances affecting the relevant interbank market, adequate and reasonable means do not exist for ascertaining the Eurodollar Rate (including, without limitation, because the Screen Rate is not available or
published on a current basis) for such Eurodollar Loan Period, provided that no Benchmark Transition Event or Early Opt-In Election shall have occurred at such time or for such Eurodollar Loan Period, or 

(ii)    the Administrative Agent shall have received notice from the Required Lenders that the Eurodollar
Rate for such Eurodollar Loan Period will not adequately and fairly reflect the cost to such Lenders of making, funding or maintaining their Eurodollar Loans for such Eurodollar Loan Period, 

then the Administrative Agent shall give written notice thereof (or telephonic notice, promptly confirmed in writing) to the Borrower and to the Lenders as
soon as practicable thereafter. Until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) the obligations of the Lenders to make Eurodollar Loans or to
continue or convert outstanding Loans as or into Eurodollar Loans shall be suspended and (ii) all such affected Loans shall be converted into Base Rate Loans on the last day of the then current Eurodollar Loan Period applicable thereto unless
the Borrower prepays such Loans in accordance with this Agreement. Unless the Borrower notifies the Administrative Agent at least one (1) Business Day before the date of any Eurodollar Loan for which a Request for Loan has previously been given
that it elects not to borrow, continue or convert to a Eurodollar Loan on such date, then such Loan shall be made as, continued as or converted into a Base Rate Loan. 

(b)    Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark
Transition Event or an Early Opt-in Election, as applicable, the Administrative Agent and the Borrower may amend this Agreement to replace the Screen Rate with a Benchmark Replacement. Any such amendment with
respect to a Benchmark Transition Event will become effective at 5:00 p.m. on the fifth (5th) Business Day after the Administrative Agent has posted such proposed amendment to all Lenders and the Borrower so long as the Administrative Agent has not
received, by such time, written notice of objection to such amendment from Lenders comprising the Required Lenders. Any such amendment with respect to an Early Opt-in Election will become effective on the date
that Lenders comprising the Required Lenders have delivered to the Administrative Agent written notice that such Required Lenders accept such amendment. No replacement of the Screen Rate with a Benchmark Replacement pursuant to these provisions will
occur prior to the applicable Benchmark Transition Start Date. 

  
 84 

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

(d)    The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any occurrence of a
Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date and Benchmark Transition Start Date, (ii) the implementation of any Benchmark Replacement,
(iii) the effectiveness of any Benchmark Replacement Conforming Changes and (iv) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or
Lenders pursuant to this Section 11.1 (b)-(e), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any
decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from any other party hereto, except, in each case, as expressly required
pursuant to this Section 11.1(b)-(e). 
 (e)    Upon the Borrower’s
receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Eurodollar Loan of, conversion to or continuation of Eurodollar Loans to be made, converted or continued during any Benchmark
Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request for a Loan of or conversion to a Base Rate Loan. During any Benchmark Unavailability Period, the component of Base Rate based upon
the Eurodollar Rate will not be used in any determination of Base Rate. 
 Section 11.2    Illegality. If
any Change in Law shall make it unlawful or impossible for any Lender to make, maintain, or fund its Eurodollar Loans, such Lender shall so notify the Administrative Agent, and the Administrative Agent shall forthwith give notice thereof to the
other Lenders and the Borrower. Before giving any notice to the Administrative Agent pursuant to this Section 11.2, such Lender shall designate a different lending office if such designation will avoid the need for giving such notice and will
not, in the judgment of such Lender, be otherwise disadvantageous to such Lender. Upon receipt of such notice, notwithstanding anything contained in Article 2, the Borrower shall repay in full the amount of each affected Eurodollar Loan of such
Lender, together with accrued interest thereon, either (a) on the last day of the then current Eurodollar Loan Period applicable to such Eurodollar Loan if such Lender may lawfully continue to maintain and fund such Eurodollar Loan to such day
or (b) immediately if such Lender may not lawfully continue to fund and maintain such Eurodollar Loan to such day. Concurrently with repaying each affected Eurodollar Loan of such Lender, notwithstanding anything contained in Article 2, the
Borrower shall borrow a Base Rate Loan from such Lender, and such Lender shall make such Base Rate Loan in an amount such that the amount of the Loans held by such Lender shall equal the amount of such Loans immediately prior to such repayment. 

Section 11.3    Increased Costs. 

(a)    If any Change in Law: 

(i)    Shall subject any Lender to any tax, duty, or other charge with respect to its obligation to make
Eurodollar Loans or its Eurodollar Loans (other than Indemnified Taxes or Excluded Taxes); 

(ii)    Shall impose, modify, or deem applicable any reserve (including, without limitation, any imposed by
the Board of Governors of the Federal Reserve System, but 

  
 85 

 
excluding any included in an applicable Eurodollar Reserve Percentage), special deposit, assessment, or similar requirement or condition against assets of, deposits (other than as described in
Section 11.5) with or for the account of, or commitments or credit extended by any Lender, or shall impose on any Lender or the Eurodollar interbank borrowing market any other condition affecting its obligation to make such Eurodollar Loans or
its Eurodollar Loans; 
 (iii)    Shall subject the Issuing Bank or any Lender to any tax, duty or other
charge with respect to the obligation to issue Letters of Credit, maintain Letters of Credit or participate in Letters of Credit (other than Indemnified Taxes or Excluded Taxes); or 

(iv)    Shall impose, modify, or deem applicable any reserve (including, without limitation, any imposed by
the Board of Governors of the Federal Reserve System), special deposit, assessment, or similar requirement or condition against assets of, deposits (other than as described in Section 11.5) with or for the account of, or commitments or credit
extended by the Issuing Bank, or shall impose on the Issuing Bank or any Lender any other condition affecting the obligation to issue Letters of Credit, maintain Letters of Credit or participate in Letters of Credit 

and the result of any of the foregoing shall be to increase the cost to such Lender or Issuing Bank of making or maintaining any Loan, or to increase the cost
to such Lender or such Issuing Bank of participating in, issuing or maintaining any Letter of Credit and such increase is not given effect in the determination of the Eurodollar Rate, or to reduce the amount of any sum received or receivable by such
Lender or such Issuing Bank hereunder, then promptly upon demand, which demand shall be accompanied by the certificate described in Section 11.3(b), by such Lender or Issuing Bank, the Borrower agrees to pay, without duplication of amounts due
under Section 2.9(b), to such Lender or Issuing Bank such additional amount or amounts as will compensate such Lender or Issuing Bank for such increased costs. Each Lender or Issuing Bank will promptly notify the Borrower and the Administrative
Agent of any event of which it has knowledge, occurring after the date hereof, which will entitle such Lender or the Issuing Bank to compensation pursuant to this Section 11.3 and will designate a different lending office if such designation
will avoid the need for, or reduce the amount of, such compensation and will not, in the sole judgment of such Lender or the Issuing Bank, be otherwise disadvantageous to such Lender or the Issuing Bank. 

(b)    A certificate of any Lender or the Issuing Bank claiming compensation under this Section 11.3 and setting
forth the additional amount or amounts to be paid to it hereunder and calculations therefor shall be conclusive in the absence of manifest error. In determining such amount, such Lender or the Issuing Bank may use any reasonable averaging and
attribution methods. If any Lender demands compensation under this Section 11.3, the Borrower may at any time, upon at least three (3) Business Days prior notice to such Lender, prepay in full the then affected Eurodollar Loans of such
Lender, together with accrued interest thereon to the date of prepayment, along with any reimbursement required under Section 2.10. Concurrently with prepaying such Eurodollar Loans, the Borrower shall borrow a Base Rate Loan, or a Eurodollar
Loan not so affected, from such Lender, and such Lender shall make such Loan in an amount such that the amount of the Loans held by such Lender shall equal the amount of such Loans immediately prior to such prepayment. 

(c)    The Issuing Bank and each Lender shall endeavor to notify the Borrower of any event occurring after the date of
this Agreement entitling the Issuing Bank or such Lender, as the case may be, to compensation under this Section 11.3 within one hundred eighty (180) days after the Issuing Bank or such Lender, as the case may be, obtains actual knowledge
thereof; provided that the Issuing Bank or such Lender, as the case may be, shall, with respect to compensation payable pursuant to this Section 11.3 in respect of any costs resulting from such event, only be entitled to payment under
this Section 11.3 for costs incurred from and after the date one hundred eighty (180) days prior to the date that the Issuing Bank or such Lender, as the case may be, gives notice to the Borrower of such event. 

  
 86 

 Section 11.4    Effect On Other Loans. If notice has been
given pursuant to Sections 11.1, 11.2 or 11.3 suspending the obligation of any Lender to make any Eurodollar Loan, or requiring Eurodollar Loans of any Lender to be repaid or prepaid, then, unless and until such Lender (or, in the case of
Section 11.1, the Administrative Agent) notifies the Borrower that the circumstances giving rise to such repayment no longer apply, all Loans which would otherwise be made by such Lender as to the Eurodollar Loans affected shall, at the option
of the Borrower, be made instead as Base Rate Loans. 
 Section 11.5    Capital Adequacy. If any Lender or
Issuing Bank (or any holding company of the foregoing) shall have reasonably determined that a Change in Law has or would have the effect of reducing the rate of return on such Lender’s or Issuing Bank’s (or any holding company of the
foregoing) capital or liquidity as a consequence of such Lender’s or Issuing Bank’s portion of the Commitments or obligations hereunder to a level below that which it could have achieved but for such Change in Law (taking into
consideration such Lender’s or Issuing Bank’s (or any holding company of the foregoing) policies with respect to capital adequacy or liquidity immediately before such Change in Law and assuming that such Lender’s or Issuing
Bank’s (or any holding company of the foregoing) capital was fully utilized prior to such adoption, change or compliance), then, promptly upon demand, which demand shall be accompanied by the certificate described in the last sentence of this
Section 11.5, by such Lender or Issuing Bank, the Borrower shall immediately pay to such Lender or Issuing Bank such additional amounts as shall be sufficient to compensate such Lender or Issuing Bank for any such reduction actually suffered;
provided, however, that there shall be no duplication of amounts paid to a Lender pursuant to this sentence and Section 11.3. A certificate of such Lender or Issuing Bank setting forth the amount to be paid to such Lender or
Issuing Bank by the Borrower as a result of any event referred to in this paragraph shall, absent manifest error, be conclusive. The Issuing Bank and each Lender shall endeavor to notify the Borrower of any event occurring after the date of this
Agreement entitling the Issuing Bank or such Lender, as the case may be, to compensation under this Section 11.5 within one hundred eighty (180) days after the Issuing Bank or such Lender, as the case may be, obtains actual knowledge
thereof; provided that the Issuing Bank or such Lender, as the case may be, shall, with respect to compensation payable pursuant to this Section 11.5 in respect of any costs resulting from such event, only be entitled to payment under
this Section 11.5 for costs incurred from and after the date one hundred eighty (180) days prior to the date that the Issuing Bank or such Lender, as the case may be, gives notice to the Borrower of such event. 

ARTICLE 12 
 JURISDICTION,
VENUE AND WAIVER OF JURY TRIAL 
 Section 12.1    Jurisdiction and Service of Process. FOR PURPOSES OF
ANY LEGAL ACTION OR PROCEEDING BROUGHT BY ANY MEMBER OF THE LENDER GROUP WITH RESPECT TO THIS AGREEMENT, OR ANY OTHER LOAN DOCUMENT, EACH CREDIT PARTY HEREBY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE FEDERAL AND STATE COURTS SITTING
IN THE STATE OF NEW YORK AND HEREBY IRREVOCABLY DESIGNATES AND APPOINTS, AS ITS AUTHORIZED AGENT FOR SERVICE OF PROCESS, THE BORROWER, OR SUCH OTHER PERSON AS SUCH CREDIT PARTY SHALL DESIGNATE HEREAFTER BY WRITTEN NOTICE GIVEN TO THE ADMINISTRATIVE
AGENT. THE LENDER GROUP SHALL FOR ALL PURPOSES AUTOMATICALLY, AND WITHOUT ANY ACT ON THEIR PART, BE ENTITLED TO TREAT SUCH DESIGNEE OF EACH CREDIT PARTY AS THE AUTHORIZED AGENT TO RECEIVE FOR AND ON BEHALF OF SUCH CREDIT PARTY SERVICE OF WRITS, OR
SUMMONS OR OTHER LEGAL PROCESS, WHICH SERVICE SHALL BE DEEMED EFFECTIVE PERSONAL SERVICE ON SUCH CREDIT PARTY SERVED WHEN DELIVERED, WHETHER OR 

  
 87 

 
NOT SUCH AGENT GIVES NOTICE TO SUCH CREDIT PARTY; AND DELIVERY OF SUCH SERVICE TO ITS AUTHORIZED AGENT SHALL BE DEEMED TO BE MADE WHEN PERSONALLY DELIVERED OR THREE (3) BUSINESS DAYS AFTER
MAILING BY REGISTERED OR CERTIFIED MAIL ADDRESSED TO SUCH AUTHORIZED AGENT. EACH CREDIT PARTY FURTHER IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL TO
SUCH CREDIT PARTY AT THE ADDRESS SET FORTH ABOVE, SUCH SERVICE TO BECOME EFFECTIVE THREE (3) BUSINESS DAYS AFTER SUCH MAILING. IN THE EVENT THAT, FOR ANY REASON, SUCH AGENT OR ITS SUCCESSORS SHALL NO LONGER SERVE AS AGENT OF EACH CREDIT PARTY
TO RECEIVE SERVICE OF PROCESS, EACH CREDIT PARTY SHALL SERVE AND ADVISE THE ADMINISTRATIVE AGENT THEREOF SO THAT AT ALL TIMES EACH CREDIT PARTY WILL MAINTAIN AN AGENT TO RECEIVE SERVICE OF PROCESS ON BEHALF OF SUCH CREDIT PARTY WITH RESPECT TO THIS
AGREEMENT, ALL OTHER LOAN DOCUMENTS AND THE BANK PRODUCTS DOCUMENTS. IN THE EVENT THAT, FOR ANY REASON, SERVICE OF LEGAL PROCESS CANNOT BE MADE IN THE MANNER DESCRIBED ABOVE, SUCH SERVICE MAY BE MADE IN SUCH MANNER AS PERMITTED BY LAW. 

Section 12.2    Consent to Venue. EACH CREDIT PARTY AND EACH MEMBER OF THE LENDER GROUP HEREBY IRREVOCABLY
WAIVES ANY OBJECTION IT WOULD MAKE NOW OR HEREAFTER FOR THE LAYING OF VENUE OF ANY SUIT, ACTION, OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR ANY OTHER LOAN DOCUMENT BROUGHT IN THE FEDERAL COURTS OF THE UNITED STATES SITTING IN NEW
YORK COUNTY, NEW YORK, AND HEREBY IRREVOCABLY WAIVES ANY CLAIM THAT ANY SUCH SUIT, ACTION, OR PROCEEDING HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 

Section 12.3    Waiver of Jury Trial. EACH CREDIT PARTY AND EACH MEMBER OF THE LENDER GROUP TO THE EXTENT
PERMITTED BY APPLICABLE LAW WAIVES, AND OTHERWISE AGREES NOT TO REQUEST, A TRIAL BY JURY IN ANY COURT AND IN ANY ACTION, PROCEEDING OR COUNTERCLAIM OF ANY TYPE IN WHICH ANY CREDIT PARTY, ANY MEMBER OF THE LENDER GROUP OR ANY OF THEIR RESPECTIVE
SUCCESSORS OR ASSIGNS IS A PARTY, AS TO ALL MATTERS AND THINGS ARISING DIRECTLY OR INDIRECTLY OUT OF THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE RELATIONS AMONG THE PARTIES LISTED IN THIS ARTICLE 12. 

Section 12.4    Flood Provisions. For the avoidance of doubt, as of the Closing Date, no mortgages or any
other similar security instruments are being entered into, provided, however, if at any time after the Closing Date, the Administrative Agent and Borrower agree to require any of the Credit Parties to provide a mortgage or any other similar
security instrument in favor of the Administrative Agent for the benefit of the Lenders, then with respect to any such real property for which the Administrative Agent has a mortgage or any other similar security instrument in its favor (the
“Mortgaged Property”), the following requirements must be satisfied: 
 (a)    the Credit Party shall
provide, prior to the effective date of any such requirement, with respect to each Mortgaged Property that is located in an area identified by the Federal Emergency Management Agency (or any successor agency) as a “special flood hazard
area” with respect to which flood insurance has been made available under Flood Insurance Laws, the applicable Credit Party (i) has obtained and will maintain, with financially sound and reputable insurance companies (except to the extent
that any insurance company insuring the property of the Borrower and each Subsidiary ceases to be financially sound and reputable after the effective date, in which case, the Borrower shall promptly replace such insurance company with a financially
sound and reputable insurance company), such flood insurance in such total amount as is sufficient to comply with all applicable rules and regulations promulgated pursuant 

  
 88 

 
to the Flood Insurance Laws or as otherwise reasonably required by the Administrative Agent or any Lender and (ii) promptly upon request of the Administrative Agent or any Lender, will
deliver to the Administrative Agent and the Lenders, evidence of such compliance in form and substance reasonably acceptable to the Administrative Agent and the Lenders, including, without limitation, evidence of annual renewals of such insurance;

 (b)    in the event such requirements are put in place, any increase, extension or renewal of the Commitments shall
be subject to (and conditioned upon): (i) the prior delivery of all flood hazard determination certifications, acknowledgements and evidence of flood insurance and other flood-related documentation with respect to such Mortgaged Properties as
required by Flood Insurance Law and (ii) the Administrative Agent shall have received confirmation from the Lenders that flood insurance due diligence and flood insurance compliance reasonably satisfactory to all Lenders (such confirmation not
to be unreasonably withheld, conditioned or delayed) has been completed; and 
 (c)    notwithstanding the foregoing,
the Administrative Agent shall not enter into any mortgage or any other similar security instrument in respect of any real property acquired by the Borrower or any other Credit Party after the Closing Date until (i) the date that occurs
fourteen (14) days after the Administrative Agent has delivered to the Lenders (which may be delivered electronically) the following documents in respect of such real property: (A) a completed flood hazard determination from a third party
vendor; (B) if such real property is located in a “special flood hazard area”, (1) a notification to the Borrower of that fact and (if applicable) notification to the Borrower that flood insurance coverage is not available and
(2) evidence of the receipt by the Borrower of such notice; (ii) if such notice is required to be provided to the Borrower and flood insurance is available in the community in which such real property is located, evidence of required flood
insurance and (iii) the Administrative Agent shall have received confirmation from the Lenders that flood insurance due diligence and flood insurance compliance reasonably satisfactory to all Lenders (such confirmation not to be unreasonably
withheld, conditioned or delayed) has been completed. 
 Section 12.5    Acknowledgement Regarding Any Supported
QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any agreement or instrument that is a QFC (such support, “QFC Credit Support” and each such QFC a “Supported
QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer
Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan
Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): 

(a)    In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes
subject to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights
in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit
Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding
under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater
extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC 

  
 89 

 
and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of
the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support. 

(b)    As used in this Section 12.5, the following terms have the following meanings: 

“BHC Act Affiliate” of a party means an “affiliate” (as such term is defined under, and interpreted in accordance
with, 12 U.S.C. 1841(k)) of such party. 
 “Covered Entity” means any of the following: 

(i)    a “covered entity” as that term is defined in, and interpreted in accordance with, 12
C.F.R. §252.82(b); 
 (ii)    a “covered bank” as that term is defined in, and
interpreted in accordance with, 12 C.F.R. §47.3(b); or 
 (iii)    a “covered FSI” as
that term is defined in, and interpreted in accordance with, 12 C.F.R. §382.2(b). 
 “Default Right” has the meaning
assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§252.81, 47.2 or 382.1, as applicable. 

“QFC” has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in
accordance with, 12 U.S.C. 5390(c)(8)(D). 
 Section 12.6    Electronic Signatures. The words
“execution,” “execute,” “signed,” “signature,” and words of like import in or related to this Agreement or any other document to be signed in connection with this Agreement and the transactions contemplated
hereby shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which
shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal
Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided that notwithstanding anything contained
herein to the contrary the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it. 

Section 12.7    Certain ERISA Matters. 

(a)    Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and
(y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the
Borrower or any other Credit Party, that at least one of the following is and will be true: 

(i)    such Lender is not using “plan assets” (within the meaning of Section 3(42) of ERISA
or otherwise) of one or more Benefit Plans with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments or this Agreement, 

  
 90 

 (ii)    the transaction exemption set forth in one or
more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent qualified professional asset managers), PTE 95-60 (a class exemption
for certain transactions involving insurance company general accounts), PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by in-house asset managers), is applicable with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,

 (iii)    (A) such Lender is an investment fund managed by a “Qualified Professional Asset
Manager” (within the meaning of Part VI of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer and
perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the
requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) to the best knowledge of such Lender, the requirements of subsection (a) of
Part I of PTE 84-14 are satisfied with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,
or 
 (iv)    such other representation, warranty and covenant as may be agreed in writing between the
Administrative Agent, in its sole discretion, and such Lender. 
 (b)    In addition, unless either (1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a), such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date
such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Credit Party,
that the Administrative Agent is not a fiduciary with respect to the assets of such Lender involved in such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and
this Agreement (including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related hereto or thereto). 

[Signatures on following pages.] 

  
 91 

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

									
	BORROWER:	 		 	VULCAN MATERIALS COMPANY,
as the Borrower
				
		 		 	By:	 	 /s/ C. Wes Burton, Jr.

		 		 		 	Name:	 	C. Wes Burton, Jr.
		 		 		 	Title:	 	Vice President and Treasurer

  
 [VULCAN – CREDIT
AGREEMENT] 

									
	ADMINISTRATIVE AGENT AND LENDERS:	 		 	TRUIST BANK, as the Administrative Agent and a Lender
				
		 		 	By:	 	 /s/ Chris Hursey

		 		 		 	Name:	 	Chris Hursey
		 		 		 	Title:	 	Director

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	REGIONS BANK, as a Lender
		
	By:	 	 /s/ Cory D. Guillory

		 	Name:	 	Cory D. Guillory
		 	Title:	 	Director

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	U.S. BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Steven L. Sawyer

		 	Name:	 	Steven L. Sawyer
		 	Title:	 	Senior Vice President

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Andrew Payne

		 	Name:	 	Andrew Payne
		 	Title:	 	Managing Director

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	BANK OF AMERICA, as a Lender
		
	By:	 	 /s/ Miles Nerren

		 	Name:	 	Miles Nerren
		 	Title:	 	Vice President

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	GOLDMAN SACHS BANK USA, as a Lender
		
	By:	 	 /s/ Ryan Durkin

		 	Name:	 	Ryan Durkin
		 	Title:	 	Authorized Signatory

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	THE NORTHERN TRUST COMPANY, as a Lender
		
	By:	 	 /s/ Kimberly A. Crotty

		 	Name:	 	Kimberly A. Crotty
		 	Title:	 	Vice President

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	FIRST HORIZON BANK, as a Lender
		
	By:	 	 /s/ K. Lebron Womack

		 	Name:	 	K. Lebron Womack
		 	Title:	 	Senior Vice President

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	SYNOVUS BANK, as a Lender
		
	By:	 	 /s/ Robert Haley

		 	Name:	 	Robert Haley
		 	Title:	 	Officer

  
 [VULCAN – CREDIT
AGREEMENT] 

 
					
	ATLANTIC CAPITAL BANK, N.A., as a Lender
		
	By:	 	 /s/ Richard A. Oglesby, Jr.

		 	Name:	 	Richard A. Oglesby, Jr.
		 	Title:	 	President, Atlanta Division

  
 [VULCAN – CREDIT
AGREEMENT] 

 ANNEX I 

PRICING GRID 
  

															
	 Level
	  	 Ratings
	  	Applicable Margin
for Eurodollar
Loans/Letter of
Credit fees	 	 	Applicable
Margin for
Base Rate
Loans	 	 	Commitment
Fee	 
	 I
	  	£ Ba1/BB+/BB+	  	 	1.875	% 	 	 	0.875	% 	 	 	0.275	% 
	 II
	  	Baa3/BBB-/BBB-	  	 	1.625	% 	 	 	0.625	% 	 	 	0.225	% 
	 III
	  	Baa2/BBB/BBB	  	 	1.375	% 	 	 	0.375	% 	 	 	0.175	% 
	 IV
	  	Baa1/BBB+/BBB+	  	 	1.25	% 	 	 	0.25	% 	 	 	0.15	% 
	 V
	  	3 A3/A-/A-	  	 	1.125	% 	 	 	0.125	% 	 	 	0.125	%Exhibit 10.1

 

DIRECTOR AGREEMENT

 

This DIRECTOR AGREEMENT is made as
of August 26, 2020 (the “Agreement”), by and between Recruiter.com Group, Inc., a Nevada corporation (the “Company”),
and Nicholas Florio, an individual with an address of                (the “Director”).

 

WHEREAS, pending the
approval of the Board of Directors of the Company, the Company desires to enter into an agreement with the Director with respect
to such appointment; and

 

WHEREAS, the Director
is willing to accept such appointment and to serve the Company on the terms set forth herein and in accordance with the provisions
of this Agreement.

 

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

 

1. Position.
Subject to the terms and provisions of this Agreement, the Company shall cause the Director to be appointed, and the Director hereby
agrees to serve the Company in such position, upon the terms and conditions hereinafter set forth, provided, however,
that the Director’s continued service on the Board of Directors of the Company (the “Board”) after the
next annual stockholders’ meeting shall be subject to approval by the Company’s stockholders.

 

2. Duties.

 

(a) During the Directorship
Term (as defined herein), the Director shall make reasonable business efforts to attend all Board meetings, serve on appropriate
subcommittees as reasonably requested by the Board, make himself available to the Company at mutually convenient times and places,
attend external meetings and presentations, as appropriate and convenient, and perform such duties, services and responsibilities,
and have the authority commensurate to such position(s).

 

(b) The
Director will use his best efforts to promote the interests of the Company. The Company recognizes that the Director (i) is or
may become a full-time executive employee of another entity and that his responsibilities to such entity must have priority and
(ii) sits or may sit on the board of directors of other entities. Notwithstanding the same, the Director will use reasonable business
efforts to coordinate his respective commitments so as to fulfill his obligations to the Company and, in any event, will fulfill
his legal obligations as a Director. Other than as set forth above, the Director will not, without the prior notification to the
Board, engage in any other business activity which could materially interfere with the performance of his duties, services and
responsibilities hereunder or which is in violation of the reasonable policies established from time to time by the Company, provided
that the foregoing shall in no way limit his activities on behalf of (i) any current employer and its affiliates or (ii) the board
of directors of any entities on which he currently sits. At such time as the Board receives such notification, the Board may require
the resignation of the Director if it determines that such business activity does in fact materially interfere with the performance
of the Director’s duties, services and responsibilities hereunder.

 

    

     

    

 

3. Compensation.

 

(a) Base
Board of Director Cash Stipend. The Director shall receive an annual cash stipend of Twenty Thousand Dollars ($20,000). Such amount
shall be payable in equal quarterly installments of $5,000 per quarter, as of the beginning of each quarter

 

(b) Additional
Board of Director Stipend. The Director shall receive in exchange for serving as the Chair of the Audit Committee and on the Merger
and Acquisition Team an additional annual cash stipend of Five Thousand Dollars ($5,000). Such amount shall be payable in equal
quarterly installments of $1,250 per quarter, as of the beginning of each quarter. The Director shall also receive 36,000 (Thirty
Six Thousand) shares of the Company’s stock annually. Such shares shall be fully registered, non-assessable, and unrestricted
at the time of issuance. Shares shall be issued on an equal quarterly basis of 9,000 shares at the beginning of each quarter.

 

(c) Stock
Options. The Director shall receive, upon execution of this Agreement, a non-qualified stock option to purchase up to fifty thousand
(50,000) shares of the Company’s common stock at an exercise price per share equal to $[2.50]. Such option shall be exercisable
for a period of 3 years. The option shall vest in equal amounts over a period of three years. Notwithstanding the foregoing, if
the Director ceases to be a member of Board at any time during the three-year vesting period for any reason (such as resignation,
withdrawal, death, disability or any other reason), then any un-vested options shall be irrefutably forfeited. Upon the occurrence
of a Change in Control, any un-vested options shall vest immediately, provided the Director serves on the Board as of the date
of such Change in Control. “Change in Control” shall mean any sale, conveyance, assignment or other transfer,
directly or indirectly, of any ownership interest of the Company, which results in any change in the identity of the individuals
or entities in Control of the Company. “Control” shall mean the possession, directly or indirectly, of the power
to direct, or cause the direction of, the management and policies of a person by contract, voting of securities, or otherwise.

 

(d) Independent
Contractor. The Director’s status during the Directorship Term shall be that of an independent contractor and not, for any
purpose, that of an employee or agent with authority to bind the Company in any respect. All payments and other consideration made
or provided to the Director under this Section 3 shall be made or provided without withholding or deduction of any kind, and the
Director shall assume sole responsibility for discharging all tax or other obligations associated therewith.

 

(e) At
the Director’s request, all payments to be made in cash, stock, stock options or any other form, shall be made to the Director’s
personal holding company Strategic Staffing Consultants, LLC. Director shall complete all required IRS forms, including form W-9,
as requested by the Company, to effectuate such payments.

 

    2

     

    

 

(f) Expense
Reimbursements. During the Directorship Term, the Company shall reimburse the Director for (i) all reasonable out-of-pocket expenses
incurred by the Director in attending any in-person meetings, provided that the Director complies with the generally applicable
policies, practices and procedures of the Company for submission of expense reports, receipts or similar documentation of such
expenses, and (ii) any costs associated with filings required to be made by the Director or any of the entities managed or controlled
by Director to report beneficial ownership or the acquisition or disposition of securities of the Company. Any reimbursements for
allocated expenses (as compared to out-of-pocket expenses of the Director) must be approved in advance by the Company.

 

4. Directorship
Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the date hereof
and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur:

 

(a) the
death of the Director;

 

(b) the
termination of the Director from his membership on the Board by the mutual agreement of the Company and the Director;

 

(c) the
removal of the Director from the Board by the majority stockholders of the Company; and

 

(d) the
resignation by the Director from the Board.

 

5. Director’s
Representation and Acknowledgment. The Director represents to the Company that his execution and performance of this Agreement
shall not be in violation of any agreement or obligation (whether or not written) that he may have with or to any person or entity,
including without limitation, any prior or current employer. The Director hereby acknowledges and agrees that this Agreement (and
any other agreement or obligation referred to herein) shall be an obligation solely of the Company, and the Director shall have
no recourse whatsoever against any officer, director, employee, stockholder, representative or agent of the Company or any of their
respective affiliates with regard to this Agreement.

 

    3

     

    

 

6. Director
Covenants.

 

(a) Unauthorized
Disclosure. The Director agrees and understands that in the Director’s position with the Company, the Director has been and
will be exposed to and receive information relating to the confidential affairs of the Company, including, but not limited to,
technical information, business and marketing plans, strategies, customer information, other information concerning the Company’s
products, services, promotions, development, financing, expansion plans, business policies and practices, and other forms of information
considered by the Company to be confidential, and proprietary and in the nature of trade secrets. The Director agrees that during
the Directorship Term and thereafter, the Director will keep such information confidential and will not disclose such information,
either directly or indirectly, to any third person or entity without the prior written consent of the Company; provided,
however, that (i) the Director shall have no such obligation to the extent such information is or becomes publicly known
or generally known in the Company’s industry other than as a result of the Director’s breach of his obligations hereunder
and (ii) the Director may, after giving prior notice to the Company to the extent practicable under the circumstances, disclose
such information to the extent required by applicable laws or governmental regulations or judicial or regulatory process. This
confidentiality covenant has no temporal, geographical or territorial restriction. Upon termination of the Directorship Term, the
Director will promptly return to the Company and/or destroy at the Company’s direction all property, keys, notes, memoranda,
writings, lists, files, reports, customer lists, correspondence, tapes, disks, cards, surveys, maps, logs, machines, technical
data, other product or document, and any summary or compilation of the foregoing, in whatever form, including, without limitation,
in electronic form, which has been produced by, received by or otherwise submitted to the Director in the course or otherwise as
a result of the Director’s position with the Company during or prior to the Directorship Term, provided that the Company
shall retain such materials and make them available to the Director if requested by him in connection with any litigation against
the Director under circumstances in which (i) the Director demonstrates to the reasonable satisfaction of the Company that the
materials are necessary to his defense in the litigation and (ii) the confidentiality of the materials is preserved to the reasonable
satisfaction of the Company.

 

(b) Non-Solicitation.
During the Directorship Term and for a period of three (3) years thereafter, the Director shall not interfere with the Company’s
relationship with, or endeavor to entice away from the Company, any person who, on the date of the termination of the Directorship
Term and/or at any time during the one year period prior to the termination of the Directorship Term, was an employee or customer
(including those reasonably expected to be a customer) of the Company or otherwise had a material business relationship with the
Company.

 

(c) Remedies.
The Director agrees that any breach of the terms of this Section 6 would result in irreparable injury and damage to the Company
for which the Company would have no adequate remedy at law. The Director therefore also agrees that in the event of said breach
or any threat of breach, the Company shall be entitled to an immediate injunction and restraining order to prevent such breach
and/or threatened breach and/or continued breach by the Director and/or any and all entities acting for and/or with the Director,
without having to prove damages or paying a bond, in addition to any other remedies to which the Company may be entitled at law
or in equity. The terms of this paragraph shall not prevent the Company from pursuing any other available remedies for any breach
or threatened breach hereof, including, but not limited to, the recovery of damages from the Director. The Director acknowledges
that the Company would not have entered into this Agreement had the Director not agreed to the provisions of this Section 6.

 

(d) The
provisions of this Section 6 shall survive any termination of the Directorship Term, and the existence of any claim or cause of
action by the Director against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to
the enforcement by the Company of the covenants and agreements of this Section 6.

 

7. Indemnification.
The Company agrees to indemnify the Director for his activities as a member of the Board as set forth in the Director and Officer
Indemnification Agreement attached hereto as Exhibit A.

 

    4

     

    

 

8. Non-Waiver
of Rights. The failure to enforce at any time the provisions of this Agreement or to require at any time performance by the
other party hereto of any of the provisions hereof shall in no way be construed to be a waiver of such provisions or to affect
either the validity of this Agreement or any part hereof, or the right of either party hereto to enforce each and every provision
in accordance with its terms. No waiver by either party hereto of any breach by the other party hereto of any provision of this
Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at that time or at any
prior or subsequent time.

 

9. Notices.
Every notice relating to this Agreement shall be in writing and shall be given by personal delivery, overnight delivery or by registered
or certified mail, postage prepaid, return receipt requested; to:

 

If to the Company:

Recruter.com Group, Inc.

100 Waugh Dr. Suite 300

Houston, Texas 77007

Attn: Evan Sohn, Chief Executive
Officer

Telephone: (855) 931-1500

Email: evan@recruiter.com

 

with a copy (which
shall not constitute notice) to:

 

Lucosky Brookman
LLP

101 Wood
Avenue South

Woodbridge,
New Jersey 08830

Attn: Joseph M. Lucosky, Esq.

Telephone: (732) 395-4400

Email: jlucosky@lucbro.com

 

If to the Director:

 

 

Either of the parties hereto may change
their address for purposes of notice hereunder by giving notice in writing to such other party pursuant to this Section 9.

 

10. Binding
Effect/Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective
heirs, executors, personal representatives, estates, successors (including, without limitation, by way of merger) and assigns,
as applicable. Notwithstanding the provisions of the immediately preceding sentence, neither the Director nor the Company shall
assign all or any portion of this Agreement without the prior written consent of the other party.

 

    5

     

    

 

11. Entire
Agreement. This Agreement (together with the other agreements referred to herein) sets forth the entire understanding of the
parties hereto with respect to the subject matter hereof and supersedes all prior agreements, written or oral, between them as
to such subject matter.

 

12. Severability.
If any provision of this Agreement, or any application thereof to any circumstances, is invalid, in whole or in part, such provision
or application shall to that extent be severable and shall not affect other provisions or applications of this Agreement.

 

13. Governing
Law. This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance
with, the laws of the State of Nevada, without regard to its conflict of laws rules. The parties hereto hereby irrevocably and
unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought in
any court of the State of Nevada (the “Nevada Court”), and not in any other state or federal court in the United
States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Nevada Court for
purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) waive any objection to the laying
of venue of any such action or proceeding in the Nevada Court, and (v) waive, and agree not to plead or to make, any claim that
any such action or proceeding brought in the Nevada Court has been brought in an improper or inconvenient forum.

 

14. Legal
Fees. The parties hereto agree that the non-prevailing party in any dispute, claim, action or proceeding between the parties
hereto arising out of or relating to the terms and conditions of this Agreement or any provision thereof (a “Dispute”),
shall reimburse the prevailing party for reasonable attorney’s fees and expenses incurred by the prevailing party in connection
with such Dispute; provided, however, that the Director shall only be required to reimburse the Company for its fees
and expenses incurred in connection with a Dispute if the Director’s position in such Dispute was found by the court, arbitrator
or other person or entity presiding over such Dispute to be frivolous or advanced not in good faith.

 

15. Modifications.
Neither this Agreement nor any provision hereof may be modified, altered, amended or waived except by an instrument in writing
duly signed by the party to be charged.

 

16. Tense
and Headings. Whenever any words used herein are in the singular form, they shall be construed as though they were also used
in the plural form in all cases where they would so apply. The headings contained herein are solely for the purposes of reference,
are not part of this Agreement and shall not in any way affect the meaning or interpretation of this Agreement.

 

17. Counterparts.
This Agreement may be executed in two 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-]

 

    6

     

    

 

IN WITNESS WHEREOF,
the Company has caused this Director Agreement to be executed by authority of its Board of Directors, and the Director has hereunto
set his hand, on the day and year first above written.

 

RECRUITER. COM GROUP, INC.

 

	By:	/s/
    Evan Sohn 	 
	 	Evan Sohn	 
	 	Chief Executive Officer	 

 

DIRECTOR

 

	Nicholas Florio	 
	Nicholas Florio, an individual

 

    

     

    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[Exhibit A to Director Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}]]