Document:

EX-4.1

 Exhibit 4.1 

EXECUTION VERSION 
  

 
  

TRIMAS CORPORATION, 
 as Issuer,

 the Guarantors party hereto from time to time 

and 
 WELLS FARGO BANK, NATIONAL
ASSOCIATION, 
 as Trustee 
  

 
 INDENTURE 

Dated as of September 20, 2017 
  

 
 4.875% Senior
Notes due 2025 
  
  

 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I
	  

	
	 DEFINITIONS AND INCORPORATION BY
REFERENCE
	  

			
	 SECTION 1.01
	  	Definitions	  	 	1	 
	 SECTION 1.02
	  	Other Definitions	  	 	34	 
	 SECTION 1.03
	  	Rules of Construction	  	 	36	 
	
	 ARTICLE II
	  

	
	 THE NOTES
	  

			
	 SECTION 2.01
	  	Amount of Notes	  	 	36	 
	 SECTION 2.02
	  	Form and Dating	  	 	37	 
	 SECTION 2.03
	  	Execution and Authentication	  	 	37	 
	 SECTION 2.04
	  	Registrar and Paying Agent	  	 	38	 
	 SECTION 2.05
	  	Paying Agent to Hold Money in Trust	  	 	38	 
	 SECTION 2.06
	  	Holder Lists	  	 	39	 
	 SECTION 2.07
	  	Transfer and Exchange	  	 	39	 
	 SECTION 2.08
	  	Replacement Notes	  	 	40	 
	 SECTION 2.09
	  	Outstanding Notes	  	 	40	 
	 SECTION 2.10
	  	Cancellation	  	 	41	 
	 SECTION 2.11
	  	Defaulted Interest	  	 	41	 
	 SECTION 2.12
	  	CUSIP Numbers, ISINs, Etc	  	 	41	 
	 SECTION 2.13
	  	Calculation of Principal Amount of Notes	  	 	41	 
	
	 ARTICLE III
	  

	
	 REDEMPTION
	  

			
	 SECTION 3.01
	  	Redemption	  	 	41	 
	 SECTION 3.02
	  	Applicability of Article	  	 	42	 
	 SECTION 3.03
	  	Notices to Trustee	  	 	42	 
	 SECTION 3.04
	  	Selection of Notes to Be Redeemed	  	 	42	 
	 SECTION 3.05
	  	Notice of Optional Redemption	  	 	42	 
	 SECTION 3.06
	  	Effect of Notice of Redemption	  	 	43	 
	 SECTION 3.07
	  	Deposit of Redemption Price	  	 	43	 
	 SECTION 3.08
	  	Notes Redeemed in Part	  	 	44	 
	
	 ARTICLE IV
	  

	
	 COVENANTS
	  

			
	 SECTION 4.01
	  	Payment of Notes	  	 	44	 
	 SECTION 4.02
	  	Reports and Other Information	  	 	44	 
	 SECTION 4.03
	  	Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock	  	 	46	 

  
 -i- 

							
	 	  	 	  	Page	 
	 SECTION 4.04
	  	Limitation on Restricted Payments	  	 	52	 
	 SECTION 4.05
	  	Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries	  	 	57	 
	 SECTION 4.06
	  	Asset Sales	  	 	59	 
	 SECTION 4.07
	  	Transactions with Affiliates	  	 	62	 
	 SECTION 4.08
	  	Change of Control	  	 	64	 
	 SECTION 4.09
	  	Compliance Certificate	  	 	66	 
	 SECTION 4.10
	  	Further Instruments and Acts	  	 	67	 
	 SECTION 4.11
	  	Future Guarantors	  	 	67	 
	 SECTION 4.12
	  	Liens	  	 	67	 
	 SECTION 4.13
	  	Maintenance of Office or Agency	  	 	68	 
	 SECTION 4.14
	  	Existence	  	 	68	 
	 SECTION 4.15
	  	Covenant Suspension	  	 	68	 
	 SECTION 4.16
	  	Financial Calculation for Limited Condition Acquisitions	  	 	69	 
	
	 ARTICLE V
	  

	
	 SUCCESSOR ISSUER
	  

			
	 SECTION 5.01
	  	When Issuer and Guarantors May Merge or Transfer Assets	  	 	70	 
	
	 ARTICLE VI
	  

	
	 DEFAULTS AND REMEDIES
	  

			
	 SECTION 6.01
	  	Events of Default	  	 	72	 
	 SECTION 6.02
	  	Acceleration	  	 	74	 
	 SECTION 6.03
	  	Other Remedies	  	 	74	 
	 SECTION 6.04
	  	Waiver of Past Defaults	  	 	74	 
	 SECTION 6.05
	  	Control by Majority	  	 	74	 
	 SECTION 6.06
	  	Limitation on Suits	  	 	75	 
	 SECTION 6.07
	  	Rights of the Holders to Receive Payment	  	 	75	 
	 SECTION 6.08
	  	Collection Suit by Trustee	  	 	75	 
	 SECTION 6.09
	  	Trustee May File Proofs of Claim	  	 	75	 
	 SECTION 6.10
	  	Priorities	  	 	76	 
	 SECTION 6.11
	  	Undertaking for Costs	  	 	76	 
	 SECTION 6.12
	  	Waiver of Stay or Extension Laws	  	 	76	 
	
	 ARTICLE VII
	  

	
	 TRUSTEE
	  

			
	 SECTION 7.01
	  	Duties of Trustee	  	 	77	 
	 SECTION 7.02
	  	Rights of Trustee	  	 	78	 
	 SECTION 7.03
	  	Individual Rights of Trustee	  	 	79	 
	 SECTION 7.04
	  	Trustee’s Disclaimer	  	 	79	 
	 SECTION 7.05
	  	Notice of Defaults	  	 	80	 
	 SECTION 7.06
	  	Reports by Trustee to the Holders	  	 	80	 
	 SECTION 7.07
	  	Compensation and Indemnity	  	 	80	 
	 SECTION 7.08
	  	Replacement of Trustee	  	 	81	 
	 SECTION 7.09
	  	Successor Trustee by Merger	  	 	82	 

  
 -ii- 

							
	 	  	 	  	Page	 
	 SECTION 7.10
	  	Eligibility; Disqualification	  	 	82	 
	 SECTION 7.11
	  	Preferential Collection of Claims Against the Issuer	  	 	82	 
	
	 ARTICLE VIII
	  

	
	 DISCHARGE OF INDENTURE; DEFEASANCE
	  

			
	 SECTION 8.01
	  	Discharge of Liability on Notes; Defeasance	  	 	83	 
	 SECTION 8.02
	  	Conditions to Defeasance	  	 	84	 
	 SECTION 8.03
	  	Application of Trust Money	  	 	85	 
	 SECTION 8.04
	  	Repayment to Issuer	  	 	85	 
	 SECTION 8.05
	  	Indemnity for U.S. Government Obligations	  	 	85	 
	 SECTION 8.06
	  	Reinstatement	  	 	85	 
	
	 ARTICLE IX
	  

	
	 AMENDMENTS AND WAIVERS
	  

			
	 SECTION 9.01
	  	Without Consent of the Holders	  	 	86	 
	 SECTION 9.02
	  	With Consent of the Holders	  	 	86	 
	 SECTION 9.03
	  	Revocation and Effect of Consents and Waivers	  	 	87	 
	 SECTION 9.04
	  	Notation on or Exchange of Notes	  	 	88	 
	 SECTION 9.05
	  	Trustee to Sign Amendments	  	 	88	 
	 SECTION 9.06
	  	Additional Voting Terms; Calculation of Principal Amount	  	 	88	 
	
	 ARTICLE X
	  

	
	 GUARANTEE
	  

			
	 SECTION 10.01
	  	Guarantee	  	 	88	 
	 SECTION 10.02
	  	Limitation on Liability	  	 	90	 
	 SECTION 10.03
	  	Successors and Assigns	  	 	91	 
	 SECTION 10.04
	  	No Waiver	  	 	91	 
	 SECTION 10.05
	  	Modification	  	 	91	 
	 SECTION 10.06
	  	Execution of Supplemental Indenture for Future Guarantors	  	 	91	 
	 SECTION 10.07
	  	Non-Impairment	  	 	91	 
	
	 ARTICLE XI
	  

	
	 MISCELLANEOUS
	  

			
	 SECTION 11.01
	  	Trust Indenture Act Controls	  	 	91	 
	 SECTION 11.02
	  	Notices	  	 	92	 
	 SECTION 11.03
	  	Communication by the Holders with Other Holders	  	 	93	 
	 SECTION 11.04
	  	Certificate and Opinion as to Conditions Precedent	  	 	93	 
	 SECTION 11.05
	  	Statements Required in Certificate or Opinion	  	 	93	 
	 SECTION 11.06
	  	When Notes Disregarded	  	 	93	 
	 SECTION 11.07
	  	Rules by Trustee, Paying Agent and Registrar	  	 	93	 
	 SECTION 11.08
	  	Legal Holidays	  	 	94	 
	 SECTION 11.09
	  	GOVERNING LAW	  	 	94	 
	 SECTION 11.10
	  	No Recourse Against Others	  	 	94	 

  
 -iii- 

							
	 	  	 	  	Page	 
	 SECTION 11.11
	  	Successors	  	 	94	 
	 SECTION 11.12
	  	Multiple Originals	  	 	94	 
	 SECTION 11.13
	  	Table of Contents; Headings	  	 	94	 
	 SECTION 11.14
	  	Indenture Controls	  	 	94	 
	 SECTION 11.15
	  	Severability	  	 	94	 
	 SECTION 11.16
	  	Waiver of Jury Trial	  	 	94	 
	 SECTION 11.17
	  	U.S.A. Patriot Act	  	 	94	 

  

					
	 Appendix A
	  	–	  	Provisions Relating to Initial Notes and Additional Notes

EXHIBIT INDEX 
  

					
	 Exhibit A
	  	–	  	Form of Initial Note
			
	 Exhibit B
	  	–	  	Form of Transferee Letter of Representation
			
	 Exhibit C
	  	–	  	Form of Supplemental Indenture

  
 -iv- 

 CROSS-REFERENCE TABLE 
  

			
	 TIA

Section
	  	Indenture
Section
	 310(a)(1)
	  	7.10
	   (a)(2)
	  	7.10
	   (a)(3)
	  	7.10
	   (a)(4)
	  	7.10
	   (b)
	  	7.08; 7.10
	 311(a)
	  	7.11
	   (b)
	  	7.11
	 312(a)
	  	2.06
	   (b)
	  	11.03
	   (c)
	  	11.03
	 313(a)
	  	7.06
	   (b)(1)
	  	7.06
	   (b)(2)
	  	7.06
	   (c)
	  	7.06
	   (d)
	  	7.06
	 315(a)
	  	7.01
	   (b)
	  	7.05
	   (c)
	  	7.01
	   (d)
	  	7.01
	 316(a) (last sentence)
	  	11.06
	   (b)
	  	6.07
	 317(a)(1)
	  	6.08
	   (a)(2)
	  	6.09
	   (b)
	  	2.05

 Note: This Cross-Reference Table shall not, for any purposes, be deemed to be part of this Indenture. 

 INDENTURE, dated as of September 20, 2017, among TRIMAS CORPORATION, a Delaware corporation
(together with its successors and assigns, the “Issuer”), the Guarantors (as defined below) party hereto from time to time and Wells Fargo Bank, National Association, a national banking association, as Trustee (as defined below).

 Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the holders of
(i) $300,000,000 aggregate principal amount of the Issuer’s 4.875% Senior Notes due 2025 issued on the date hereof (the “Initial Notes”) and (ii) Additional Notes issued from time to time (together with the Initial
Notes, the “Notes”): 
 ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 

SECTION 1.01 Definitions. 

“Acquired Indebtedness” means, with respect to any specified Person: 

(1) Indebtedness of any other Person existing at the time such other Person is merged, consolidated or amalgamated with or into
or became a Restricted Subsidiary of such specified Person, and 
 (2) Indebtedness secured by a Lien encumbering any asset
acquired by such specified Person. 
 Acquired Indebtedness will be deemed to have been Incurred, with respect to clause (1) of the
preceding sentence, on the date such Person becomes a Restricted Subsidiary and, with respect to clause (2) of the preceding sentence, on the date of consummation of such acquisition of such assets. 

“Acquisition Lease Financing” means any sale or transfer by the Issuer or any Subsidiary of any property, real or personal,
that is acquired pursuant to a Permitted Investment, in an aggregate amount not to exceed $75.0 million at any time, which property is rented or leased by the Issuer or such Subsidiary from the purchaser or transferee of such property, so long as
the proceeds from such transaction consist solely of cash. 
 “Additional Notes” means the Notes issued under the terms of
this Indenture subsequent to the Issue Date. 
 “Additional Refinancing Amount” means, in connection with the Incurrence of
any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in
respect thereof. 
 “Affiliate” of any specified Person means any other Person directly or indirectly controlling or
controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and
“under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of
voting securities, by agreement or otherwise. No Person (other than the Issuer or any Subsidiary of the Issuer) in whom the Receivables Subsidiary makes an Investment in connection with any Permitted Receivables Financing or Specified Vendor
Receivables Financing will be deemed to be an Affiliate of the Issuer or any of its Subsidiaries solely by reason of such Investment. 

 “Applicable Premium” means, with respect to any Note on any applicable
redemption date, as determined by the Issuer, the greater of: 
  

	 	(1)	1% of the then outstanding principal amount of the Note; and 

  

	 	(2)	the excess of: 

 (a) the present value at such redemption date of (i) the
redemption price of the Note, at October 15, 2020 (such redemption price being set forth in Paragraph 5 of the Note) plus (ii) all required interest payments due on the Note through October 15, 2020 (excluding accrued but
unpaid interest), computed using a discount rate equal to the Treasury Rate as of such redemption date plus 50 basis points; over 

(b) the then outstanding principal amount of the Note. 

“Asset Sale” means: 

(1) the sale, conveyance, transfer or other disposition (whether in a single transaction or a series of related transactions)
of property or assets (including by way of Sale/ Leaseback Transactions) outside the ordinary course of business of the Issuer or any Restricted Subsidiary (each referred to in this definition as a “disposition”); or 

(2) the issuance or sale of Equity Interests (other than (i) Preferred Stock of Restricted Subsidiaries issued in
compliance with Section 4.03 and (ii) directors’ qualifying shares and shares issued to foreign nationals or other third parties to the extent required by applicable law) of any Restricted Subsidiary (other than to the Issuer or
another Restricted Subsidiary) (whether in a single transaction or a series of related transactions), 
 in each case other than: 

(a) a disposition of Cash Equivalents or Investment Grade Securities or surplus, obsolete, damaged or worn out property or
equipment; 
 (b) the disposition of all or substantially all of the assets of the Issuer or any Guarantor in a manner
permitted pursuant to Section 5.01 or any disposition that constitutes a Change of Control; 
 (c) any Restricted
Payment or Permitted Investment that is permitted to be made, and is made, under Section 4.04; 
 (d) any disposition of
assets of the Issuer or any Restricted Subsidiary or issuance or sale of Equity Interests of any Restricted Subsidiary, which assets or Equity Interests so disposed or issued in any single transaction or series of related transactions have an
aggregate Fair Market Value (as determined in good faith by the Issuer) of less than $25.0 million; 
 (e) any disposition of
property or assets, or the issuance of securities, by the Issuer or a Restricted Subsidiary to the Issuer or a Restricted Subsidiary; 

  
 -2- 

 (f) any exchange of assets (including a combination of assets and Cash
Equivalents) for assets related to a Similar Business of comparable or greater market value or usefulness to the business of the Issuer and the Restricted Subsidiaries as a whole, as determined in good faith by the Issuer; 

(g) foreclosure, condemnation, taking by eminent domain or any similar action with respect to any property or other asset of
the Issuer or any of the Restricted Subsidiaries; 
 (h) any disposition of Equity Interests in, or Indebtedness or other
securities of, an Unrestricted Subsidiary; 
 (i) the lease, assignment or sublease of any real or personal property in the
ordinary course of business; 
 (j) any sale of inventory or other assets in the ordinary course of business; 

(k) any grant in the ordinary course of business of any license of patents, trademarks, know-how or any other intellectual
property; 
 (l) any swap of assets, or lease, assignment or sublease of any real or personal property, in exchange for
services (including in connection with any outsourcing arrangements) of comparable or greater value or usefulness to the business of the Issuer and the Restricted Subsidiaries as a whole, as determined in good faith by the Issuer; 

(m) any financing transaction with respect to property built or acquired by the Issuer or any Restricted Subsidiary after the
Issue Date, including any Sale/Leaseback Transaction and any sale, disposition or transfer that constitute part of an Acquisition Lease Financing or asset securitization permitted by this Indenture; 

(n) the creation of, and dispositions constituting, Permitted Liens; 

(o) any disposition of Capital Stock of a Restricted Subsidiary pursuant to an agreement or other obligation with or to a
Person (other than the Issuer or a Restricted Subsidiary) from whom such Restricted Subsidiary was acquired or from whom such Restricted Subsidiary acquired its business and assets (having been newly formed in connection with such acquisition), made
as part of such acquisition and in each case comprising all or a portion of the consideration in respect of such sale or acquisition; 

(p) dispositions of receivables in connection with the compromise, settlement or collection thereof in the ordinary course of
business or in bankruptcy or similar proceedings and exclusive of factoring or similar arrangements; 
 (q) any surrender,
expiration or waiver of contract rights or the settlement, release, recovery on or surrender of contract, tort or other claims of any kind; 

(r) the termination of a lease of real or personal property that is not necessary to the conduct of the business of the Issuer
and the Restricted Subsidiaries as a whole; and 
 (s) (i) sales of Receivables Assets pursuant to the Permitted Receivables
Financings, (ii) sales of Receivables Assets by a Foreign Subsidiary pursuant to customary terms whereby recourse and exposure in respect thereof to any Foreign Subsidiary does not exceed at any time $60.0 million and (iii) sales of
Receivables Assets pursuant to any Specified Vendor Receivables Financing Document. 

  
 -3- 

 For the avoidance of doubt, in the event that a transaction (or any portion thereof) meets the
criteria of a permitted Asset Sale and would also be a Restricted Payment or Permitted Investment, the Issuer, in its sole discretion, will be entitled to divide and classify such transaction (or a portion thereof) as an Asset Sale and/or one or
more of the types of permitted Restricted Payments or Permitted Investments. 
 “Attributable Debt” means, as of any date
of determination, as to Sale/Leaseback Transactions, the total obligation (discounted to present value at the rate of interest implicit in the lease included in such transaction) of the lessee for rental payments (other than amounts required to be
paid on account of property taxes, maintenance, repairs, insurance, assessments, utilities, operating and labor costs and other items which do not constitute payments for property rights) during the remaining portion of the term (including
extensions which are at the sole option of the lessor) of the lease included in such transaction. 
 “Board of Directors”
means, as to any Person, the board of directors or managers, as applicable, of such Person or any direct or indirect parent of such Person (or, if such Person is a partnership, the board of directors or other governing body of the general partner of
such Person) or any duly authorized committee thereof. 
 “Business Day” means a day other than a Saturday, Sunday or other
day on which banking institutions are authorized or required by law to close in New York City or the place of payment. 
 “Capital
Markets Indebtedness” means any Indebtedness consisting of bonds, debentures, notes or other similar debt securities issued in (a) a public offering registered under the Securities Act or (b) a private placement to institutional
investors that is resold in accordance with Rule 144A or Regulation S of the Securities Act, whether or not it includes registration rights entitling the holders of such debt securities to registration thereof with the SEC. The term “Capital
Markets Indebtedness” (i) shall not include the Notes (including, for the avoidance of doubt any Additional Notes) and (ii) for the avoidance of doubt, shall not be construed to include any Indebtedness issued to institutional
investors in a direct placement of such Indebtedness that is not resold by an intermediary (it being understood that, without limiting the foregoing, a financing that is distributed to not more than ten Persons (provided that multiple managed
accounts and affiliates of any such Persons shall be treated as one Person for the purposes of this definition) shall be deemed not to be underwritten), or any Indebtedness under the Credit Agreement, commercial bank or similar Indebtedness,
Financing Lease Obligation or recourse transfer of any financial asset or any other type of Indebtedness incurred in a manner not customarily viewed as a “securities offering.” 

“Capital Stock” means: 

(1) in the case of a corporation, corporate stock or shares; 

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company,
partnership or membership interests (whether general or limited); and 
 (4) any other interest or participation that confers
on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 

  
 -4- 

 “Cash Equivalents” means: 

(1) U.S. dollars, pounds sterling, euros, the national currency of any member state in the European Union or such local
currencies held by the Issuer or a Restricted Subsidiary from time to time in the ordinary course of business; 
 (2)
securities issued or directly and fully guaranteed or insured by the U.S. government, the United Kingdom or any country that is a member of the European Union or any agency or instrumentality thereof in each case maturing not more than two years
from the date of acquisition; 
 (3) certificates of deposit, time deposits and eurodollar time deposits with maturities of
one year or less from the date of acquisition, bankers’ acceptances, in each case with maturities not exceeding one year and overnight bank deposits, in each case with any commercial bank having capital and surplus in excess of $250.0 million
and whose long-term debt is rated “A” or the equivalent thereof by Moody’s or S&P (or reasonably equivalent ratings of another internationally recognized ratings agency); 

(4) repurchase obligations for underlying securities of the types described in clauses (2) and (3) above entered into
with any financial institution meeting the qualifications specified in clause (3) above; 
 (5) commercial paper issued
by a corporation (other than an Affiliate of the Issuer) rated at least “A-1” or the equivalent thereof by Moody’s or S&P (or reasonably equivalent ratings of another internationally recognized ratings agency) and in each case
maturing within one year after the date of acquisition; 
 (6) readily marketable direct obligations issued by any state of
the United States of America or any political subdivision thereof having at least a rating of Aa3 from Moody’s or a rating of AA- from S&P (or reasonably equivalent ratings of another internationally recognized ratings agency) in each case
with maturities not exceeding two years from the date of acquisition; 
 (7) Indebtedness issued by Persons with a rating of
“A” or higher from S&P or “A2” or higher from Moody’s (or reasonably equivalent ratings of another internationally recognized ratings agency) in each case with maturities not exceeding two years from the date of
acquisition; 
 (8) investment funds investing at least 95% of their assets in securities of the types described in clauses
(1) through (7) above; and 
 (9) instruments equivalent to those referred to in clauses (1) through
(8) above denominated in any foreign currency comparable in credit quality and tenor to those referred to above and commonly used by corporations for cash management purposes in any jurisdiction outside the United States of America to the
extent reasonably required in connection with any business conducted by any Subsidiary organized in such jurisdiction. 
 “cash
management services” means cash management services for collections, treasury management services (including controlled disbursement, overdraft, automated clearing house fund transfer services, return items, account reconciliation and
reporting and interstate depository network services), any demand deposit, payroll, trust or operating account relationships, commercial credit cards, merchant card, purchase or debit cards, non-card e-payables services, and other cash management
services, including electronic funds transfer services, lockbox services, stop payment services, wire transfer services and trade finance services. 

  
 -5- 

 “Change of Control” means the occurrence of either of the following: 

(1) the sale, lease or transfer (other than by way of merger or consolidation), in one or a series of related transactions, of
all or substantially all the assets of the Issuer and its Subsidiaries, taken as a whole, to any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) other than to the
Issuer or any of its Subsidiaries; or 
 (2) the Issuer becomes aware (by way of a report or any other filing pursuant to
Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision),
including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange Act), in a single transaction or in a related series of transactions, by way of merger,
consolidation, amalgamation or other business combination or purchase of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provision), of more than 50% of the total voting power of the Voting Stock of
the Issuer, in each case, other than an acquisition where the holders of the Voting Stock of the Issuer as of immediately prior to such acquisition hold 50% or more of the Voting Stock of the ultimate parent of the Issuer or successor thereto
immediately after such acquisition (provided no holder of the Voting Stock of the Issuer as of immediately prior to such acquisition owns, directly or indirectly, more than 50% of the voting power of the Voting Stock of the Issuer immediately
after such acquisition). 
 Notwithstanding the preceding or any provision of Rule 13d-3 of the Exchange Act, (i) a Person or group
shall not be deemed to beneficially own Voting Stock subject to a stock or asset purchase agreement, merger agreement, option agreement, warrant agreement or similar agreement (or voting or option or similar agreement related thereto) until the
consummation of the acquisition of the Voting Stock in connection with the transactions contemplated by such agreement, and (ii) a Person or group will not be deemed to beneficially own the Voting Stock of a second Person as a result of its
ownership of Voting Stock or other securities of such second Person’s parent entity (or related contractual rights) unless it owns 50% or more of the total voting power of the Voting Stock entitled to vote for the election of directors of such
parent entity having a majority of the aggregate votes on the Board of such parent entity. 
 “Code” means the Internal
Revenue Code of 1986, as amended. 
 “Consolidated Depreciation and Amortization Expense” means, with respect to any Person
for any period, the total amount of depreciation and amortization expense, including the amortization of intangible assets and deferred financing fees and amortization of unrecognized prior service costs and actuarial gains and losses related to
pensions and other post-employment benefits, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP. 

“Consolidated Interest Expense” means, with respect to any Person for any period, the sum, without duplication, of: 

  
 -6- 

 (1) consolidated interest expense of such Person and its Restricted Subsidiaries
for such period, to the extent such expense was deducted in computing Consolidated Net Income (including the interest component of Financing Lease Obligations and net payments and receipts (if any) pursuant to interest rate Hedging Obligations, and
non-cash interest expense attributable to movement in mark to market valuation of Hedging Obligations or other derivatives (in each case permitted under this Indenture) under GAAP) and excluding (r) annual agency fees paid to the administrative
agents and collateral agents under any Credit Facility Indebtedness, (s) costs associated with obtaining Hedging Obligations, (t) any expense resulting from the discounting of any Indebtedness in connection with the application of
recapitalization accounting or, if applicable, purchase accounting in connection with any acquisition, (u) penalties and interest relating to taxes, (v) amortization or expensing of deferred financing fees, amendment and consent fees, debt
issuance costs, commissions, fees, expenses and discounted liabilities and any amounts of non-cash interest, (w) any expensing of bridge, commitment and other financing fees and any other fees related to any acquisitions after the Issue Date,
(x) any accretion of accrued interest on discounted liabilities and any prepayment premium or penalty, (y) interest expense resulting from push-down accounting and (z) any lease, rental or other expense in connection with a
Non-Financing Lease Obligation); plus 
 (2) consolidated capitalized interest of such Person and its Restricted
Subsidiaries for such period, whether paid or accrued; plus 
 (3) commissions, discounts, yield, other fees and
charges or other interest equivalent costs Incurred in connection with any Permitted Receivables Financing or Specified Vendor Receivables Financing, whether accounted for as interest expense or loss on sale of receivables, which are payable to
Persons other than the Issuer and the Restricted Subsidiaries; minus 
 (4) interest income for such period. 

For purposes of this definition, interest on a Financing Lease Obligation shall be deemed to accrue at an interest rate reasonably determined
by the Issuer to be the rate of interest implicit in such Financing Lease Obligation in accordance with GAAP. 
 “Consolidated
Leverage Ratio” means the ratio of (1) (a) the aggregate principal amount of Indebtedness (and without duplication of the aggregate “net investment” outstanding under any Permitted Receivables Financing) minus
(b) the aggregate amount of unrestricted cash and Cash Equivalents of the Issuer and its Restricted Subsidiaries to (2) EBITDA for the most recently ended four fiscal quarters for which financial statements are available immediately
preceding the date of determination, with such pro forma adjustments to EBITDA as would be required under the second paragraph of the definition of “Fixed Charge Coverage Ratio” in performing a calculation thereof. 

“Consolidated Net Income” means, with respect to any Person for any period, the aggregate of the Net Income of such Person
and its Restricted Subsidiaries for such period, on a consolidated basis; provided, however, that: 
 (1) any
net after-tax extraordinary, nonrecurring or unusual gains or losses (less all fees and expenses relating thereto) or expenses or charges, any severance expenses, relocation expenses, restructuring expenses, curtailments or modifications to pension
and post-retirement employee benefit plans, excess pension charges, any expenses related to any reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for alternate uses and fees, expenses or charges relating to
facilities closing costs, acquisition integration costs, facilities opening costs, project start-up costs, business optimization costs, signing, retention or completion bonuses, expenses or charges related to any issuance of Equity Interests,
Investment, acquisition, 

  
 -7- 

 
disposition, recapitalization or issuance, repayment, refinancing, amendment or modification of Indebtedness (in each case, whether or not successful), and any fees, expenses or charges related
to the Transactions (including any transaction expenses incurred before, on or after the Issue Date), in each case, shall be excluded; 

(2) effects of purchase accounting adjustments (including the effects of such adjustments pushed down to such Person and such
Subsidiaries and including, without limitation, the effects of adjustments to (A) Financing Lease Obligations or (B) any other deferrals of income) in amounts required or permitted by GAAP, resulting from the application of purchase
accounting or the amortization or write-off of any amounts thereof, net of taxes, shall be excluded; 
 (3) the Net Income
for such period shall not include the cumulative effect of a change in accounting principles during such period; 
 (4) any
net after-tax income or loss from disposed, abandoned, transferred, closed or discontinued operations or fixed assets and any net after-tax gains or losses on disposal of disposed, abandoned, transferred, closed or discontinued operations or fixed
assets shall be excluded; 
 (5) any net after-tax gains or losses (less all fees and expenses or charges relating thereto)
attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by the Issuer) shall be excluded; 

(6) any net after-tax gains or losses (less all fees and expenses or charges relating thereto) attributable to the early
extinguishment of indebtedness, Hedging Obligations or other derivative instruments shall be excluded; 
 (7) (a) the Net
Income for such period of any Person that is not a Subsidiary of such Person, or is an Unrestricted Subsidiary, or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or
distributions or other payments paid in cash (or to the extent converted into cash) to the referent Person or a Restricted Subsidiary thereof in respect of such period and (b) the Net Income for such period shall include any dividend,
distribution or other payment in cash (or to the extent converted into cash) received by the referent Person or a Subsidiary thereof (other than an Unrestricted Subsidiary of such referent Person) from any Person in excess of, but without
duplication of, the amounts included in subclause (a); 
 (8) solely for the purpose of determining the amount available for
Restricted Payments under clause (1) of the definition of “Cumulative Credit,” the Net Income for such period of any Restricted Subsidiary (other than any Guarantor) shall be excluded to the extent that the declaration or payment of
dividends or similar distributions by such Restricted Subsidiary of its Net Income is not at the date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of
the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Restricted Subsidiary or its stockholders, unless such restrictions with respect to the payment of dividends
or similar distributions have been legally waived; provided that the Consolidated Net Income of such Person shall be increased by the amount of dividends or other distributions or other payments actually paid in cash (or converted into cash)
by any such Restricted Subsidiary to such Person, to the extent not already included therein; 

  
 -8- 

 (9) any impairment charges or asset write-offs, in each case pursuant to GAAP,
and the amortization of intangibles and other fair value adjustments arising pursuant to GAAP shall be excluded; 
 (10) any
non-cash expense realized or resulting from stock option plans, employee benefit plans or post-employment benefit plans, or grants or sales of stock, stock appreciation or similar rights, stock options, restricted stock, preferred stock or other
rights shall be excluded; 
 (11) any (a) non-cash compensation charges, (b) costs and expenses after the Issue
Date related to employment of terminated employees, or (c) costs or expenses realized in connection with or resulting from stock appreciation or similar rights, stock options or other rights existing on the Issue Date of officers, directors and
employees, in each case of such Person or any Restricted Subsidiary, shall be excluded; 
 (12) accruals and reserves that
are established or adjusted within 12 months after the Issue Date and that are so required to be established or adjusted in accordance with GAAP or as a result of adoption or modification of accounting policies shall be excluded; 

(13) non-cash gains, losses, income and expenses resulting from fair value accounting required by the applicable standard under
GAAP and related interpretations shall be excluded; 
 (14) any currency translation gains and losses related to currency
remeasurements of Indebtedness, and any net loss or gain resulting from hedging transactions for currency exchange risk, shall be excluded; 

(15) (a) to the extent covered by insurance and actually reimbursed, or, so long as such Person has made a determination that
there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (i) not denied by the applicable carrier in writing within 180 days and (ii) in fact reimbursed within
365 days of the date of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within 365 days), expenses with respect to liability or casualty events or business interruption shall be excluded and
(b) amounts actually received from insurance in respect of lost revenues or earnings in respect of liability or casualty events or business interruption, and reimbursements of any expenses and charges pursuant to indemnification or other
reimbursement provisions in connection with any Permitted Investment or any sale, conveyance, transfer or other disposition of assets permitted under this Indenture, shall be included; and 

(16) non-cash charges for deferred tax asset valuation allowances shall be excluded. 

Notwithstanding the foregoing, for the purpose of Section 4.04 only, there shall be excluded from Consolidated Net Income any dividends,
repayments of loans or advances or other transfers of assets from Unrestricted Subsidiaries or Restricted Subsidiaries to the extent such dividends, repayments or transfers increase the amount of Restricted Payments permitted under Section 4.04
pursuant to clauses (4) and (5) of the definition of “Cumulative Credit.” 
 “Consolidated Non-Cash
Charges” means, with respect to any Person for any period, the non-cash expenses (other than Consolidated Depreciation and Amortization Expense) of such Person and its Restricted Subsidiaries reducing Consolidated Net Income of such Person
for such period on a consolidated basis and otherwise determined in accordance with GAAP; provided that if any such non-cash expenses represent an accrual or reserve for potential cash items in any future period, the cash payment in respect
thereof in such future period shall be subtracted from EBITDA in such future period to the extent paid, but excluding from this proviso, for the avoidance of doubt, amortization of a prepaid cash item that was paid in a prior period. 

 

  
 -9- 

 “Consolidated Secured Debt Ratio” means the ratio of (1) (a) the
aggregate principal amount of Secured Indebtedness (and without duplication the aggregate “net investment” outstanding under any Permitted Receivables Financing) minus (b) the aggregate amount of unrestricted cash and Cash Equivalents
of the Issuer and its Restricted Subsidiaries to (2) EBITDA for the most recently ended four fiscal quarters for which financial statements are available immediately preceding the date of determination, with such pro forma adjustments to EBITDA
as would be required under the second paragraph of the definition of “Fixed Charge Coverage Ratio” in performing a calculation thereof; provided that the pro forma calculation would not give effect to any Indebtedness Incurred on
the applicable calculation date pursuant to Section 4.03(b)(i); provided, further, that for purposes of the calculation of Consolidated Secured Debt Ratio, in connection with the Incurrence of any Indebtedness pursuant to
Section 4.03(b)(i), such Person may elect, pursuant to an Officer’s Certificate delivered to the Trustee, to treat all or any portion of the commitment (such amount elected until revoked as described below, the “Elected
Amount”) under any Indebtedness secured by a Lien as being Incurred as of the applicable calculation date, in which case (i) any subsequent Incurrence of such Indebtedness secured by Liens under such commitment (so long as the total
amount under such Indebtedness does not exceed the Elected Amount) shall not be deemed, for purposes of this calculation, to be an Incurrence of additional Indebtedness at such subsequent time, (ii) such Person may revoke an election of an
Elected Amount pursuant to an Officer’s Certificate delivered to the Trustee and (iii) for purposes of all subsequent calculations of the Consolidated Secured Debt Ratio at any time during which such commitment remains effective, the
Elected Amount (if any) shall be deemed to be outstanding, whether or not such amount is actually outstanding. 
 “Consolidated
Taxes” means, with respect to any Person for any period, the provision for taxes based on income, profits or capital, including, without limitation, state, franchise, property and similar taxes, foreign withholding taxes (including
penalties and interest related to such taxes or arising from tax examinations) taken into account in calculating Consolidated Net Income. 

“Contingent Obligations” means, with respect to any Person, any obligation of such Person guaranteeing any leases, dividends
or other obligations that do not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any
obligation of such Person, whether or not contingent: 
 (1) to purchase any such primary obligation or any property
constituting direct or indirect security therefor, 
 (2) to advance or supply funds: 

(a) for the purchase or payment of any such primary obligation; or 

(b) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of
the primary obligor; or 
 (3) to purchase property, securities or services primarily for the purpose of assuring the owner
of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation against loss in respect thereof. 

“Corporate Trust Office” means the designated office of the Trustee in the United States of America at which at any time its
corporate trust business shall be administered, or such other address as the Trustee may designate from time to time by notice to the holders and the Issuer, or the principal corporate trust office of any successor Trustee (or such other address as
such successor Trustee may designate from time to time by notice to the holders and the Issuer). 

  
 -10- 

 “Credit Agreement” means (i) the Amended and Restated Credit Agreement,
dated as of the Issue Date, among TriMas Company LLC, as borrower, the Issuer, as parent guarantor, the subsidiary named therein, the financial institutions named therein and J.P. Morgan Chase Bank, N.A., as administrative agent, swing line lender
and L/C issuer, as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including
any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement
agreement or agreements or indenture or indentures or increasing the amount loaned or issued thereunder or altering the maturity thereof (except to the extent any such refinancing, replacement or restructuring is designated by the Issuer to not be
included in the definition of “Credit Agreement”) and (ii) whether or not the credit agreement referred to in clause (i) remains outstanding, if designated by the Issuer to be included in the definition of “Credit
Agreement,” one or more (A) debt facilities or commercial paper facilities, providing for revolving credit loans, term loans, securitization or receivables financing (including through the sale of receivables to lenders or to special
purpose entities formed to borrow from lenders against such receivables) or letters of credit, (B) debt securities, indentures or other forms of debt financing (including convertible or exchangeable debt instruments or bank guarantees or
bankers’ acceptances), or (C) instruments or agreements evidencing any other Indebtedness, in each case, with the same or different borrowers or issuers and, in each case, as amended, supplemented, modified, waived, extended, restructured,
repaid, renewed, refinanced, restated, replaced (whether or not upon termination, and whether with the original lenders or otherwise) or refunded in whole or in part from time to time. 

“Credit Agreement Documents” means the collective reference to any Credit Agreement, any notes issued pursuant thereto and
the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid,
refinanced or otherwise modified, in whole or in part, from time to time. 
 “Credit Facility Indebtedness” means any and
all amounts payable under or in respect of (a) the Credit Agreement and the other Credit Agreement Documents, as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or
otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time (including after termination of the Credit Agreement), including any agreement or indenture extending the maturity thereof, refinancing, replacing or
otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement agreement or agreements or indenture or indentures or increasing the amount loaned or issued
thereunder or altering the maturity thereof, including principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Issuer whether or not a claim for
post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees and all other amounts payable thereunder or in respect thereof and (b) whether or not the Indebtedness referred to in clause
(a) remains outstanding, if designated by the Issuer to be included in this definition, one or more (A) debt facilities or commercial paper facilities, providing for revolving credit loans, term loans, reserve-based loans, securitization
or receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, (B) debt securities, indentures or other forms of debt
financing (including 

  
 -11- 

 
convertible or exchangeable debt instruments or bank guarantees or bankers’ acceptances), or (C) instruments or agreements evidencing any other Indebtedness, in each case, with the same
or different borrowers or issuers and, in each case, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time. 

“Cumulative Credit” means the sum of (without duplication): 

(1) 50% of the Consolidated Net Income of the Issuer for the period (taken as one accounting period) from July 1, 2017 to
the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available at the time of such Restricted Payment (or, in the case such Consolidated Net Income for such period is a deficit, minus 100% of
such deficit), plus 
 (2) 100% of the aggregate net proceeds, including cash and the Fair Market Value (as determined
in good faith by the Issuer) of property other than cash, received by the Issuer after the Issue Date (other than net proceeds to the extent such net proceeds have been used to increase the available amount of Indebtedness, Disqualified Stock, or
Preferred Stock pursuant to Section 4.03(b)(xiii)) from the issue or sale of Equity Interests of the Issuer or any direct or indirect parent entity of the Issuer (excluding Refunding Capital Stock, Designated Preferred Stock, Excluded
Contributions, and Disqualified Stock), including Equity Interests issued upon exercise of warrants or options (other than an issuance or sale to the Issuer or a Restricted Subsidiary), plus 

(3) 100% of the aggregate amount of contributions to the capital of the Issuer received in cash and the Fair Market Value (as
determined in good faith by the Issuer) of property other than cash received by the Issuer after the Issue Date (other than Excluded Contributions, Refunding Capital Stock, Designated Preferred Stock, and Disqualified Stock and other than
contributions to the extent such contributions have been used to Incur Indebtedness, Disqualified Stock, or Preferred Stock pursuant to Section 4.03(b)(xiii)), plus 

(4) 100% of the principal amount of any Indebtedness, or the liquidation preference or maximum fixed repurchase price, as the
case may be, of any Disqualified Stock of the Issuer or Preferred Stock of any Restricted Subsidiary issued after the Issue Date (other than Indebtedness or Disqualified Stock issued to a Restricted Subsidiary) which has been converted into or
exchanged for Equity Interests in the Issuer (other than Disqualified Stock) or any direct or indirect parent of the Issuer (provided, in the case of any such parent, such Indebtedness or Disqualified Stock is retired or extinguished),
plus 
 (5) 100% of the aggregate amount received by the Issuer or any Restricted Subsidiary in cash and the Fair
Market Value (as determined in good faith by the Issuer) of property other than cash received by the Issuer or any Restricted Subsidiary from: 

(A) the sale or other disposition (other than to the Issuer or a Restricted Subsidiary) of Restricted Investments made by the
Issuer and the Restricted Subsidiaries and from repurchases and redemptions of such Restricted Investments from the Issuer and the Restricted Subsidiaries by any Person (other than the Issuer or any Restricted Subsidiary) and from repayments of
loans or advances, and releases of guarantees, which constituted Restricted Investments (other than in each case to the extent that the Restricted Investment was made pursuant to Section 4.04(b)(vii)), 

  
 -12- 

 (B) the sale (other than to the Issuer or a Restricted Subsidiary) of the Capital
Stock of an Unrestricted Subsidiary, or 
 (C) a distribution or dividend from an Unrestricted Subsidiary, plus 

(6) in the event any Unrestricted Subsidiary has been redesignated as a Restricted Subsidiary or has been merged, consolidated
or amalgamated with or into, or transfers or conveys its assets to, or is liquidated into the Issuer or a Restricted Subsidiary, the Fair Market Value (as determined in good faith by the Issuer) of such Unrestricted Subsidiary and any other
Investment of the Issuer or the Restricted Subsidiaries in such Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed, as applicable) (other than in each case to the extent that
the designation of such Subsidiary as an Unrestricted Subsidiary was made pursuant to Section 4.04(b)(vii) or constituted a Permitted Investment), in each case, to the extent such designation and/or Investment was made after the Issue Date.

 “Default” means any event which is, or after notice or passage of time or both would be, an Event of Default. 

“Designated Non-cash Consideration” means the Fair Market Value (as determined in good faith by the Issuer) of non-cash
consideration received by the Issuer or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth such valuation, less the amount of
cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-cash Consideration. 
 “Designated
Preferred Stock” means Preferred Stock of the Issuer or any direct or indirect parent of the Issuer (other than Disqualified Stock) that is issued for cash (other than to the Issuer or any of its Subsidiaries or an employee stock ownership
plan or trust established by the Issuer or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate, on the issuance date thereof. 

“Disqualified Stock” means, with respect to any Person, any Capital Stock of such Person which, by its terms (or by the terms
of any security into which it is convertible or for which it is redeemable or exchangeable), or upon the happening of any event: 

(1) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than as a result of a
change of control or asset sale), 
 (2) is convertible or exchangeable for Indebtedness or Disqualified Stock of such Person
or any of its Restricted Subsidiaries, or 
 (3) is redeemable at the option of the holder thereof, in whole or in part
(other than solely as a result of a change of control or asset sale), in each case prior to 91 days after the earlier of the Maturity Date or the date the Notes are no longer outstanding; provided, however, that only the portion of
Capital Stock which so matures or is mandatorily redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder thereof prior to such date shall be deemed to be Disqualified Stock; provided, further,
however, that if such Capital Stock is issued to any employee or to any plan for the benefit of employees of the Issuer or their Subsidiaries or by any such plan to such employees, such Capital Stock shall not constitute Disqualified Stock
solely because it may be required to be repurchased by such Person in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination, death or disability; provided, further, that any
class of Capital Stock of such Person that by its terms authorizes such Person to satisfy its obligations thereunder by delivery of Capital Stock that is not Disqualified Stock shall not be deemed to be Disqualified Stock. 

  
 -13- 

 “DTC” means The Depository Trust Company, its nominees, successors and assigns.

 “EBITDA” means, with respect to any Person for any period, the Consolidated Net Income of such Person and its Restricted
Subsidiaries for such period plus, without duplication, to the extent the same was deducted (and not added back) in calculating Consolidated Net Income (other than clause (10) below): 

(1) Consolidated Taxes; plus 

(2) Fixed Charges, plus amounts excluded from Consolidated Interest Expense as set forth in clauses (1)(r)-(z) in
the definition thereof and costs of surety bonds in connection with financing activities; plus 
 (3) Consolidated
Depreciation and Amortization Expense; plus 
 (4) Consolidated Non-Cash Charges; plus 

(5) cash receipts (or any netting arrangements resulting in reduced cash expenditures) not representing EBITDA or Consolidated
Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of EBITDA pursuant to clause (A) below for any previous period and not added back; plus 

(6) business optimization expenses and other restructuring charges, reserves or expenses (which, for the avoidance of doubt,
shall include, without limitation, the effect of facility closures, facility consolidations, retention, severance, systems establishment costs, contract termination costs, future lease commitments and excess pension charges) start-up or initial
costs for any project or new production line, division or new line of business or other business optimization expenses or reserves including, without limitation, costs or reserves associated with improvements to information technology and accounting
functions, integration and facilities opening costs, or any one-time costs incurred in connection with acquisitions and Investments (including travel and out-of-pocket costs, professional fees for legal, accounting and other services, human
resources costs (including relocation bonuses), restructuring costs (including recruiting costs and employee severance), management transaction costs, advertising costs, losses associated with temporary decreases in work volume and expenses related
to maintaining underutilized personnel) and costs related to the closure and/or consolidation of facilities and the portion of any earn-out, non-compete payments relating to such period or other contingent purchase price obligations and adjustments
thereof and purchase price adjustments to the extent such payment is permitted to be paid pursuant to this Indenture and is deducted from net income under GAAP; plus 

(7) the amount of loss on sale of Receivables Assets in connection with any Permitted Receivables Financing or Specified Vendor
Receivables Financing reducing Consolidated Net Income for such period; plus 
 (8) any costs or expense incurred
pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such cost or expenses are funded with cash proceeds
contributed to the capital of the Issuer or any Guarantor or net cash proceeds of an issuance of Equity Interests of the Issuer (other than Disqualified Stock) solely to the extent that such net cash proceeds are excluded from the calculation of the
Cumulative Credit; plus 

  
 -14- 

 (9) with respect to any joint venture that is not a Subsidiary and solely to the
extent relating to any net income referred to in clause (7) of the definition of “Consolidated Net Income,” an amount equal to the proportion of those items described in clauses (1) and (2) above relating to such joint
venture corresponding to the Issuer’s and the Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net Income (determined as if such joint venture were a Subsidiary); plus 

(10) the amount of annual “run rate” cost savings, operating expense reductions and synergies related to mergers and
other business combinations, acquisitions, divestitures, restructurings, cost savings initiatives and other similar transactions or initiatives consummated after the Issue Date that are reasonably identifiable and factually supportable and projected
by the Issuer in good faith to result from actions that been taken or with respect to which substantial steps have been taken or are expected to be taken (in the good faith determination of the Issuer) within 24 months after a merger or other
business combination, acquisition, divestiture, restructuring, cost savings initiative or other transaction or initiative is consummated, net of the amount of actual benefits realized during such period from such actions; plus  

(11) all adjustments of the nature used in connection with the calculation of “Adjusted EBITDA” as set forth under
the caption “Summary—Summary Historical Consolidated Financial and Other Data” in the Offering Memorandum to the extent such adjustments, without duplication, continue to be applicable to such period; 

less, without duplication, to the extent the same increased Consolidated Net Income, 

(A) non-cash items increasing Consolidated Net Income for such period (excluding any items which represent the reversal of any
accrual of, or cash reserve for, anticipated cash charges that reduced EBITDA in any prior period). 
 “Equity Interests”
means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt security that is convertible into, or exchangeable for, Capital Stock). 

“Equity Offering” means any public or private sale after the Issue Date of common Capital Stock or Preferred Stock of the
Issuer or any direct or indirect parent of the Issuer, as applicable (other than Disqualified Stock), other than: 
 (1)
public offerings with respect to the Issuer’s or such direct or indirect parent’s common stock registered on Form S-4 or Form S-8; 

(2) issuances to any Subsidiary of the Issuer; and 

(3) any such public or private sale that constitutes an Excluded Contribution. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC promulgated
thereunder. 
 “Excluded Contributions” means the Cash Equivalents or other assets (valued at their Fair Market Value as
determined in good faith by senior management or the Board of Directors of the Issuer) received by the Issuer after the Issue Date from: 

(1) contributions to its common equity capital, and 

  
 -15- 

 (2) the sale (other than to a Subsidiary of the Issuer or to any Subsidiary
management equity plan or stock option plan or any other management or employee benefit plan or agreement) of Capital Stock (other than Disqualified Stock and Designated Preferred Stock) of the Issuer, 

in each case designated as Excluded Contributions pursuant to an Officer’s Certificate. 

“Fair Market Value” means, with respect to any asset or property, the price which could be negotiated in an arm’s-length
transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction. 

“Financing Lease Obligation” means an obligation that is required to be classified and accounted for as a financing or
capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP as in effect on the Issue Date. At the time any
determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP
as in effect on the Issue Date. 
 “Fixed Charge Coverage Ratio” means, with respect to any Person for any period, the
ratio of EBITDA of such Person for such period to the Fixed Charges of such Person for such period. 
 In the event that the Issuer or any
of the Restricted Subsidiaries Incurs, repays, repurchases or redeems any Indebtedness (other than in the case of Indebtedness Incurred under revolving credit facility for working capital purposes or any Permitted Receivables Financing, in which
case interest expense shall be computed based upon the average daily balance of such Indebtedness during the applicable period) or issues, repurchases or redeems Disqualified Stock or Preferred Stock subsequent to the commencement of the period for
which the Fixed Charge Coverage Ratio is being calculated but prior to the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Fixed Charge Calculation Date”), then the Fixed Charge Coverage Ratio shall
be calculated giving pro forma effect to such Incurrence, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock or Preferred Stock, as if the same had occurred at the beginning
of the applicable four-quarter period; provided, however, that the pro forma calculation shall not give effect to any Indebtedness Incurred on the Fixed Charge Calculation Date pursuant to Section 4.03(b); provided,
further, that for purposes of the calculation of the Fixed Charge Coverage Ratio, in connection with the Incurrence of any Indebtedness pursuant to Section 4.03(a), such Person may elect, pursuant to an Officer’s Certificate
delivered to the Trustee, to treat an Elected Amount under any Indebtedness which is to be Incurred (or any commitment in respect thereof) as being Incurred as of the Fixed Charge Calculation Date, in which case (i) any subsequent Incurrence of
such Indebtedness under such commitment (so long as the total amount under such Indebtedness does not exceed the Elected Amount) shall not be deemed, for purposes of this calculation, to be an Incurrence of additional Indebtedness at such subsequent
time, (ii) such Person may revoke an election of an Elected Amount pursuant to an Officer’s Certificate delivered to the Trustee and (iii) for subsequent calculations of the Fixed Charge Coverage Ratio, the Elected Amount (if any)
shall be deemed to be outstanding, whether or not such amount is actually outstanding. 
 For purposes of making the computation referred to
above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and discontinued operations (as determined in accordance with GAAP), in each case with respect to an operating unit of a business, and any operational changes,
business realignment projects or initiatives, restructurings or reorganizations that the Issuer or 

  
 -16- 

 
any Restricted Subsidiary has determined to make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Fixed
Charge Calculation Date (each, for purposes of this definition, a “pro forma event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, amalgamations,
consolidations, discontinued operations and other operational changes, business realignment projects or initiatives, restructurings or reorganizations (and the change of any associated fixed charge obligations and the change in EBITDA resulting
therefrom) had occurred on the first day of the four-quarter reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into the Issuer or any Restricted Subsidiary since
the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation, amalgamation, discontinued operation, operational change, business realignment project or initiative, restructuring or reorganization, in
each case with respect to an operating unit of a business, that would have required adjustment pursuant to this definition, then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect thereto for such period as if such
Investment, acquisition, disposition, discontinued operation, merger, amalgamation, consolidation, operational change, business realignment project or initiative, restructuring or reorganization had occurred at the beginning of the applicable
four-quarter period. If since the beginning of such period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any Unrestricted Subsidiary is designated a Restricted Subsidiary, then the Fixed Charge Coverage Ratio shall be
calculated giving pro forma effect thereto for such period as if such designation had occurred at the beginning of the applicable four-quarter period. 

For purposes of this definition, whenever pro forma effect is to be given to any pro forma event, the pro forma
calculations shall be made in good faith by a responsible financial or accounting officer of the Issuer. Any such pro forma calculation may include adjustments appropriate, in the reasonable good faith determination of the Issuer as set forth
in an Officer’s Certificate, to reflect operating expense reductions and other operating improvements or synergies reasonably expected to result from the applicable event within 24 months of the date the applicable event is consummated and, in
each case, calculated in accordance with, and subject to, the provisions of clause (10) of the definition of “EBITDA.” 
 If
any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Fixed Charge Calculation Date had been the applicable rate for the
entire period (taking into account any Hedging Obligations applicable to such Indebtedness if such Hedging Obligation has a remaining term in excess of 12 months). Interest on a Financing Lease Obligation shall be deemed to accrue at an interest
rate reasonably determined by a responsible financial or accounting officer of the Issuer to be the rate of interest implicit in such Financing Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above,
interest on any Indebtedness under a revolving credit facility computed on a pro forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may
optionally be determined at an interest rate based upon a factor of a prime or similar rate, a Eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such
optional rate chosen as the Issuer may designate. 
 For purposes of this definition, any amount in a currency other than U.S. dollars will
be converted to U.S. dollars based on the average exchange rate for such currency for the most recent twelve-month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA for the applicable
period. 

  
 -17- 

 “Fixed Charges” means, with respect to any Person for any period, the sum,
without duplication, of: (1) Consolidated Interest Expense (excluding amortization or write-off of deferred financing costs) of such Person for such period, and (2) all cash dividend payments (excluding items eliminated in consolidation)
on any series of Preferred Stock or Disqualified Stock of such Person and its Restricted Subsidiaries. 
 “Foreign
Subsidiary” means a Restricted Subsidiary not organized or existing under the laws of the United States of America or any state thereof or the District of Columbia. 

“GAAP” means (1) generally accepted accounting principles in the United States of America which are in effect from time
to time, it being understood that, for purposes of this Indenture, all references to codified accounting standards specifically named in this Indenture shall be deemed to include any successor, replacement, amendment or updated accounting standard
under GAAP or (2) if elected by the Issuer by written notice to the Trustee in connection with the delivery of financial statements and information, the accounting standards and interpretations (“IFRS”) adopted by the
International Accounting Standard Board, as in effect on the first date of the period for which the Issuer is making such election; provided, that (a) any such election once made shall be irrevocable, (b) all financial statements
and reports required to be provided after such election pursuant to this Indenture shall be prepared on the basis of IFRS, (c) from and after such election, all ratios, computations and other determinations based on GAAP contained in this
Indenture shall be computed in conformity with IFRS, (d) in connection with the delivery of financial statements (x) for any of its first three financial quarters of any financial year, it shall restate its consolidated interim financial
statements for such interim financial period and the comparable period in the prior year to the extent previously prepared in accordance with GAAP and (y) for delivery of audited annual financial information, it shall provide consolidated
historical financial statements prepared in accordance with IFRS for the prior most recent fiscal year to the extent previously prepared in accordance with GAAP as in effect on the first date of the period in which the Issuer is making such
election. For the avoidance of doubt, solely making an election (without any other action) referred to in this definition will not be treated as an incurrence of Indebtedness. 

“guarantee” means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of
business), direct or indirect, in any manner (including, without limitation, letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations. The amount of any guarantee shall be deemed
to be an amount equal to the stated or determinable amount of the Indebtedness in respect of which such guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by such person
in good faith. 
 “Guarantee” means any guarantee of the obligations of the Issuer under this Indenture and the Notes by
any Guarantor in accordance with the provisions of this Indenture. 
 “Guarantor” means (x) the Guarantors on the
Issue Date and (y) any Subsidiary of the Issuer that Incurs a Guarantee after the Issue Date; provided that upon the release or discharge of such Person from its Guarantee in accordance with this Indenture, such Person shall cease to be
a Guarantor. 
 “Hedging Obligations” means, with respect to any Person, the obligations of such Person under: 

(1) currency exchange, interest rate or commodity swap agreements, currency exchange, interest rate or commodity cap agreements
and currency exchange, interest rate or commodity collar agreements; and 

  
 -18- 

 (2) other agreements or arrangements designed to protect such Person against
fluctuations in currency exchange, interest rates or commodity prices. 
 “holder” or “noteholder” means
the Person in whose name a Note is registered on the Registrar’s books. 
 “Incur” means issue, assume, guarantee,
incur or otherwise become liable for; provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such person becomes a Subsidiary (whether by merger, amalgamation, consolidation, acquisition or
otherwise) shall be deemed to be Incurred by such Person at the time it becomes a Subsidiary. 
 “Indebtedness” means, with
respect to any Person: 
 (1) the principal of any indebtedness of such Person, whether or not contingent, (a) in
respect of borrowed money, (b) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without duplication, reimbursement agreements in respect thereof), (c) representing the
deferred and unpaid purchase price of any property (except any such balance that constitutes (i) a trade payable or similar obligation to a trade creditor arising in the ordinary course of business, (ii) any earn-out obligations until such
obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and (iii) liabilities accrued in the ordinary course of business), which purchase price is due more than twelve months after the date of placing the
property in service or taking delivery and title thereto, (d) in respect of Financing Lease Obligations, or (e) representing any Hedging Obligations, if and to the extent that any of the foregoing indebtedness would appear as a liability
on a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; 
 (2) to the extent
not otherwise included, any obligation of such Person to be liable for, or to pay, as obligor, guarantor or otherwise, the obligations referred to in clause (1) of another Person (other than by endorsement of negotiable instruments for
collection in the ordinary course of business); and 
 (3) to the extent not otherwise included, Indebtedness of another
Person secured by a Lien on any asset owned by such Person (whether or not such Indebtedness is assumed by such Person); provided, however, that the amount of such Indebtedness will be the lesser of: (a) the Fair Market Value (as
determined in good faith by the Issuer) of such asset at such date of determination, and (b) the amount of such Indebtedness of such other Person; 

provided, however, that, notwithstanding the foregoing, Indebtedness shall be deemed not to include (1) Contingent Obligations incurred in
the ordinary course of business and not in respect of borrowed money; (2) deferred or prepaid revenues; (3) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed
obligations of the respective seller; (4) deferred compensation to employees of the Issuer or any Restricted Subsidiary incurred in the ordinary course of business; (5) trade and other ordinary course payables, accrued expenses and
liabilities arising in the ordinary course of business; (6) obligations in respect of cash management services; (7) in the case of the Issuer and the Restricted Subsidiaries (x) all intercompany Indebtedness having a term not
exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business and (y) intercompany liabilities in connection with cash management, tax and accounting operations of the Issuer and the
Restricted Subsidiaries; (8) Non-Financing Lease Obligations, and (9) any obligations under Hedging Obligations or Swap Contracts; provided that such agreements are entered into for bona fide hedging purposes of the Issuer or the
Restricted Subsidiaries (as determined in good faith by the Issuer, whether or not accounted for as a hedge in accordance with GAAP) and, in the case of any 

  
 -19- 

 
foreign exchange contract, currency swap agreement, futures contract, option contract or other similar agreement, such agreements are related to business transactions of the Issuer or the
Restricted Subsidiaries entered into in the ordinary course of business and, in the case of any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap
agreement, interest rate collar agreement, interest rate hedge agreement or other similar agreement or arrangement, such agreements substantially correspond in terms of notional amount, duration and interest rates, as applicable, to Indebtedness of
the Issuer or the Restricted Subsidiaries Incurred without violation of this Indenture. 
 Notwithstanding anything in this Indenture to the
contrary, Indebtedness shall not include, and shall be calculated without giving effect to, the effects of Statement of Financial Accounting Standards No. 133 and related interpretations to the extent such effects would otherwise increase or
decrease an amount of Indebtedness for any purpose under this Indenture as a result of accounting for any embedded derivatives created by the terms of such Indebtedness; and any such amounts that would have constituted Indebtedness under this
Indenture but for the application of this sentence shall not be deemed an Incurrence of Indebtedness under this Indenture. 

“Indenture” means this Indenture, as amended or supplemented from time to time. 

“Independent Financial Advisor” means an accounting, appraisal or investment banking firm or consultant, in each case of
nationally recognized standing, that is, in the good faith determination of the Issuer, qualified to perform the task for which it has been engaged. 

“Interest Payment Date” has the meaning set forth in Exhibit A hereto. 

“Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s or BBB- (or the
equivalent) by S&P, or an equivalent rating by any other Rating Agency in the event that either Moody’s and/or S&P has not then rated the Notes. 

“Investment Grade Securities” means: 

(1) securities issued or directly and fully guaranteed or insured by the U.S. government or any agency or instrumentality
thereof (other than Cash Equivalents); 
 (2) securities that have a rating equal to or higher than Baa3 (or equivalent) by
Moody’s and BBB- (or equivalent) by S&P, but excluding any debt securities or loans or advances between and among the Issuer and its Subsidiaries; 

(3) investments in any fund that invests exclusively in investments of the type described in clauses (1) and
(2) which fund may also hold material amounts of cash pending investment and/or distribution; and 
 (4) corresponding
instruments in countries other than the United States customarily utilized for high quality investments and in each case with maturities not exceeding two years from the date of acquisition. 

“Investments” means, with respect to any Person, all investments by such Person in other Persons (including Affiliates) in
the form of loans (including guarantees), advances or capital contributions (excluding accounts or notes receivable, trade credit and advances to customers and commission, payroll, travel and similar advances to officers, employees and consultants,
in each case, made in the ordinary course of business and any assets or securities received in satisfaction or partial satisfaction thereof from 

  
 -20- 

 
financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss and any prepayments and other credits to suppliers made in the ordinary course of
business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities issued by any other Person and investments that are required by GAAP to be classified on the balance sheet of such Person in the same
manner as the other investments included in this definition to the extent such transactions involve the transfer of cash or other property. For purposes of the definition of “Unrestricted Subsidiary” and Section 4.04: 

(1) “Investments” shall include the portion (proportionate to the Issuer’s equity interest in such Subsidiary)
of the Fair Market Value (as determined in good faith by the Issuer) of the net assets of such Subsidiary at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided, however, that upon a redesignation of such
Subsidiary as a Restricted Subsidiary, the Issuer shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary equal to an amount (if positive) equal to: 

(a) the Issuer’s “Investment” in such Subsidiary at the time of such redesignation, less 

(b) the portion (proportionate to the Issuer’s equity interest in such Subsidiary) of the Fair Market Value (as determined
in good faith by the Issuer) of the net assets of such Subsidiary at the time of such redesignation; and 
 (2) any property
transferred to or from an Unrestricted Subsidiary shall be valued at its Fair Market Value (as determined in good faith by the Issuer) at the time of such transfer, in each case as determined in good faith by the Board of Directors of the Issuer.

 “Issue Date” means the date on which the Notes are originally issued. 

“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or similar encumbrance of any
kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement or any lease in the nature thereof); provided that in no event shall an
operating lease or an agreement to sell be deemed to constitute a Lien. 
 “Limited Condition Acquisition” means any
acquisition, including by way of merger, amalgamation or consolidation, by the Issuer or one or more of its Restricted Subsidiaries whose consummation is not conditioned upon the availability of, or on obtaining, third party financing;
provided that Consolidated Net Income (and any other financial term derived therefrom), other than for purposes of calculating any ratios in connection with the Limited Condition Acquisition, shall not include any Consolidated Net Income of
or attributable to the target company or assets associated with any such Limited Condition Acquisition unless and until the closing of such Limited Condition Acquisition shall have actually occurred. 

“Market Capitalization” means an amount equal to (i) the total number of issued and outstanding shares of common Equity
Interests of the Issuer or any direct or indirect parent on the date of the declaration of a Restricted Payment permitted under Section 4.04(b)(viii)(B) multiplied by (ii) the arithmetic mean of the closing prices per share of such common
Equity Interests on the principal securities exchange on which such common Equity Interests are traded or quoted for the 30 consecutive trading days immediately preceding the date of declaration of such Restricted Payment. 

“Maturity Date” means October 15, 2025. 

  
 -21- 

 “Moody’s” means Moody’s Investors Service, Inc. or any successor to
the rating agency business thereof. 
 “Net Income” means, with respect to any Person, the net income (loss) of such Person
and its Restricted Subsidiaries, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends. 

“Net Proceeds” means the aggregate cash proceeds received by the Issuer or any Restricted Subsidiary in respect of any Asset
Sale (including, without limitation, any cash received in respect of or upon the sale or other disposition of any Designated Non-cash Consideration received in any Asset Sale and any cash payments received by way of deferred payment of principal
pursuant to a note or installment receivable or otherwise, but only as and when received, but excluding the assumption by the acquiring person of Indebtedness relating to the disposed assets or other consideration received in any other non-cash
form), net of the direct costs relating to such Asset Sale and the sale or disposition of such Designated Non-cash Consideration (including, without limitation, legal, accounting and investment banking fees, and brokerage and sales commissions), and
any relocation expenses Incurred as a result thereof, taxes paid or payable as a result thereof (after taking into account any available tax credits or deductions and any tax sharing arrangements related solely to such disposition), amounts required
to be applied to the repayment of principal, premium (if any) and interest on Indebtedness required (other than pursuant to Section 4.06(b)) to be paid as a result of such transaction, all distributions and other payments required to be made to
holders of non-controlling interests in Subsidiaries or in joint ventures, limited liability companies, partnerships or other Persons as a result of such Asset Sale, and any deduction of appropriate amounts to be provided by the Issuer and the
Restricted Subsidiaries as a reserve in accordance with GAAP against any liabilities associated with the asset disposed of in such transaction and retained by the Issuer and the Restricted Subsidiaries after such sale or other disposition thereof,
including, without limitation, pension, severance and other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction. 

“Non-Financing Lease Obligation” means a lease obligation that is not required to be classified and accounted for as a
financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease
Obligation. 
 “Notes Obligations” means Obligations in respect of the Notes, this Indenture and the Guarantees. 

“Obligations” means any principal, interest, penalties, fees, indemnifications, reimbursements (including, without
limitation, reimbursement obligations with respect to letters of credit and bankers’ acceptances), damages and other liabilities payable under the documentation governing any Indebtedness; provided that Obligations with respect to the
Notes shall not include fees or indemnifications in favor of third parties other than the Trustee and the holders of the Notes. 

“Offering Memorandum” means the offering memorandum, dated September 13, 2017, relating to the issuance of the Initial
Notes. 
 “Officer” means, with respect to any Person, the Chairman of the Board, Chief Executive Officer, Chief Financial
Officer, President, any Executive Vice President, Senior Vice President or Vice President, the Treasurer or the Secretary of such Person. 

  
 -22- 

 “Officer’s Certificate” means, with respect to any Person, a certificate
signed on behalf of such Person by the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of such Person, which meets the requirements set forth in this Indenture. 

“Opinion of Counsel” means, with respect to any Person, a written opinion from legal counsel who is reasonably acceptable to
the Trustee. The counsel may be an employee of or counsel to such Person. 
 “Pari Passu Indebtedness” means: (a) with
respect to the Issuer, the Notes and any Indebtedness which ranks pari passu in right of payment to the Notes; and (b) with respect to any Guarantor, its Guarantee and any Indebtedness which ranks pari passu in right of payment to such
Guarantor’s Guarantee. 
 “Permitted Investments” means: 

(1) any Investment in the Issuer or any Restricted Subsidiary; 

(2) any Investment in Cash Equivalents or Investment Grade Securities; 

(3) any Investment by the Issuer or any Restricted Subsidiary in a Person that is engaged in a Similar Business if as a result
of such Investment (a) such Person becomes a Restricted Subsidiary, or (b) such Person, in one transaction or a series of related transactions, is merged, consolidated or amalgamated with or into, or transfers or conveys all or
substantially all of its assets to, or is liquidated into, the Issuer or a Restricted Subsidiary; 
 (4) any Investment in
securities or other assets not constituting Cash Equivalents and received in connection with an Asset Sale made pursuant to Section 4.06 or any other disposition of assets not constituting an Asset Sale; 

(5) any Investment existing on, or made pursuant to binding commitments existing on, the Issue Date or an Investment consisting
of any extension, modification or renewal of any Investment existing on the Issue Date; provided that the amount of any such Investment may be increased (x) as required by the terms of such Investment as in existence on the Issue Date or
(y) as otherwise permitted under this Indenture; 
 (6) loans and advances to officers, directors, employees or
consultants of the Issuer or any of its Subsidiaries (i) in the ordinary course of business in an aggregate outstanding amount (valued at the time of the making thereof, and without giving effect to any write-downs or write-offs thereof) not to
exceed $5.0 million at the time of Incurrence, (ii) in respect of payroll payments and expenses in the ordinary course of business and (iii) in connection with such person’s purchase of Equity Interests of the Issuer or any direct or
indirect parent of the Issuer solely to the extent that the amount of such loans and advances shall be contributed to the Issuer in cash as common equity; 

(7) any Investment acquired by the Issuer or any Restricted Subsidiary (a) in exchange for any other Investment or
accounts receivable held by the Issuer or such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of the issuer of such other Investment or accounts receivable, or (b) as a
result of a foreclosure by the Issuer or any Restricted Subsidiary with respect to any secured Investment or other transfer of title with respect to any secured Investment in default; 

  
 -23- 

 (8) Swap Contracts entered into in the ordinary course of business and not for
speculative purposes not prohibited under this Indenture; 
 (9) additional Investments by the Issuer or any Restricted
Subsidiary having an aggregate Fair Market Value (as determined in good faith by the Issuer), taken together with all other Investments made pursuant to this clause (9) that are at that time outstanding, not to exceed the sum of (x) the
greater of $50.0 million and 5.0% of Total Assets, plus (y) an amount equal to any returns (including dividends, interest, distributions, returns of principal, profits on sale, repayments, income and similar amounts) actually received in
respect of any such Investment (with the Fair Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in value); provided, however, that if any Investment pursuant to this clause
(9) is made in any Person that is not the Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes the Issuer or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed
to have been made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (9) for so long as such Person continues to be the Issuer or a Restricted Subsidiary; 

(10) loans and advances to officers, directors or employees for business-related travel expenses, moving expenses and other
similar expenses, in each case Incurred in the ordinary course of business or consistent with past practice or to fund such person’s purchase of Equity Interests of the Issuer or any direct or indirect parent of the Issuer; 

(11) Investments the payment for which consists of Equity Interests of the Issuer (other than Disqualified Stock) or any direct
or indirect parent of the Issuer, as applicable; provided, however, that such Equity Interests will not increase the amount available for Restricted Payments under clause (3) of the definition of “Cumulative Credit”;

 (12) any transaction to the extent it constitutes an Investment that is permitted by and made in accordance with the
provisions of Section 4.07(b) (except transactions described in clauses (ii), (iv), (vi), (ix)(B) and (xv) of Section 4.07(b)); 

(13) guarantees issued in accordance with Section 4.03 and Section 4.11, including, without limitation, any guarantee
or other obligation issued or incurred under the Credit Agreement in connection with any letter of credit issued for the account of the Issuer or any of its Subsidiaries (including with respect to the issuance of, or payments in respect of drawings
under, such letters of credit); 
 (14) Investments consisting of or to finance purchases and acquisitions of inventory,
supplies, materials, services or equipment or purchases of contract rights or licenses or leases of intellectual property; 

(15) any Investment in a Similar Business having an aggregate fair market value taken together with all other Investments made
pursuant to this clause (15) that are at that time outstanding not to exceed the greater of (x) $25.0 million and (y) 2.5% of Total Assets (in each case, determined on the date such Investment is made, with the fair market value
of each Investment being measured at the time made and without giving effect to subsequent changes in value); provided, however, that if any Investment pursuant to this clause (15) is made in any Person that is not a Restricted
Subsidiary of the Issuer at the date of the making of such Investment and such Person becomes a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (3) above and shall cease to
have been made pursuant to this clause (15); 

  
 -24- 

 (16) lease, utility and other similar deposits in the ordinary course of
business;; 
 (17) Investments of a Restricted Subsidiary acquired after the Issue Date or of an entity merged into,
amalgamated with, or consolidated with the Issuer or a Restricted Subsidiary in a transaction that is not prohibited by Section 5.01 after the Issue Date to the extent that such Investments were not made in contemplation of such acquisition,
merger, amalgamation or consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation; 

(18) Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection
or deposit and Uniform Commercial Code Article 4 customary trade arrangements with customers; 
 (19) Investments in any
Person to the extent such Investments consist of prepaid expenses, negotiable instruments held for collection, and lease, utility, workers’ compensation, performance and similar deposits made in the ordinary course of business; 

(20) the acquisition by the Receivables Subsidiary in connection with any Permitted Receivables Financing or Specified Vendor
Receivables Financing of Equity Interests of a trust or other Person established by the Receivables Subsidiary to effect such Permitted Receivables Financing or Specified Vendor Receivables Financing; and any other Investment by the Issuer or a
Restricted Subsidiary of the Issuer in the Receivables Subsidiary or any Investment by the Receivables Subsidiary in any other Person in connection with any Permitted Receivables Financing or Specified Vendor Receivables Financing; 

(21) any Investment in any Subsidiary of the Issuer or any joint venture in connection with intercompany cash management
arrangements or related activities arising in the ordinary course of business; and 
 (22) Investments received in compromise
or resolution of litigation, arbitration or other disputes. 
 “Permitted Liens” means, with respect to any Person: 

(1) pledges or deposits and other Liens granted by such Person under workmen’s compensation laws, unemployment insurance
laws or similar legislation, or good faith deposits in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases to which such Person is a party, or deposits to secure public or statutory obligations of such
Person or deposits of cash or U.S. government bonds to secure surety or appeal bonds, performance and return of money bonds, or deposits as security for contested taxes or import duties or for the payment of rent, in each case Incurred in the
ordinary course of business; 
 (2) Liens imposed by law, such as landlord’s, carriers’, warehousemen’s,
mechanics’, materialmen’s, repairmen’s, construction or other like Liens securing obligations that are not overdue by more than 60 days or that are being contested in good faith by appropriate proceedings or other Liens arising out of
judgments or awards against such Person with respect to which such Person shall then be proceeding with an appeal or other proceedings for review; 

(3) Liens for taxes, assessments or other governmental charges not yet subject to penalties for nonpayment or that are being
contested in good faith by appropriate proceedings; 

  
 -25- 

 (4) Liens in favor of issuers of performance and surety bonds or bid bonds or
with respect to other regulatory requirements or letters of credit, bankers’ acceptances or similar obligations issued pursuant to the request of and for the account of such Person in the ordinary course of its business; 

(5) minor survey exceptions, minor encumbrances, trackage rights, special assessments, easements or reservations of, or rights
of others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, servicing agreements, development agreements, site plan agreements and other similar encumbrances incurred in the ordinary
course of business or zoning, building code or other restrictions as to the use of real properties or Liens incidental to the conduct of the business of such Person or to the ownership of its properties which were not Incurred in connection with
Indebtedness and which do not in the aggregate materially adversely affect the value of said properties or materially impair their use in the operation of the business of such Person; 

(6) (A) Liens on assets of a Subsidiary that is not a Guarantor securing Indebtedness of a Subsidiary that is not a Guarantor
permitted to be Incurred pursuant to Section 4.03; 
 (B) Liens securing Indebtedness Incurred pursuant to
Section 4.03(b)(i); and 
 (C) Liens securing Obligations in respect of Indebtedness permitted to be Incurred pursuant
to clause (iv), (xii), (xiv) (to the extent such guarantees are issued in respect of any Indebtedness) or (xxi) of Section 4.03(b); 

(7) Liens existing on the Issue Date (other than Liens in favor of the agent, lenders and other secured parties under the
Credit Agreement Documents); 
 (8) Liens on assets, property or shares of stock of a Person at the time such Person becomes
a Subsidiary; provided, however, that such Liens are not created or Incurred in connection with, or in contemplation of, such other Person becoming such a Subsidiary; provided, further, however, that such Liens may
not extend to any other property owned by the Issuer or any Restricted Subsidiary (other than pursuant to after-acquired property clauses in effect with respect to such Lien at the time of acquisition on property of the type that would have been
subject to such Lien notwithstanding the occurrence of such acquisition); 
 (9) Liens on assets or property at the time the
Issuer or a Restricted Subsidiary acquired the assets or property, including any acquisition by means of a merger, amalgamation or consolidation with or into the Issuer or any Restricted Subsidiary; provided, however, that such Liens
are not created or Incurred in connection with, or in contemplation of, such acquisition; provided, further, however, that the Liens may not extend to any other property owned by the Issuer or any Restricted Subsidiary (other
than pursuant to after-acquired property clauses in effect with respect to such Lien at the time of acquisition on property of the type that would have been subject to such Lien notwithstanding the occurrence of such acquisition); 

(10) Liens securing Indebtedness or other obligations of the Issuer or a Restricted Subsidiary owing to the Issuer or another
Restricted Subsidiary permitted to be Incurred in accordance with Section 4.03; 
 (11) Liens securing Hedging
Obligations and obligations under Swap Contracts, in each case not incurred in violation of this Indenture; 

  
 -26- 

 (12) Liens on inventory or other goods and proceeds of any Person securing such
Person’s obligations in respect of documentary letters of credit, bank guarantees or bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods;

 (13) leases and subleases of real property which do not materially interfere with the ordinary conduct of the business of
the Issuer or any of the Restricted Subsidiaries; 
 (14) Liens arising from Uniform Commercial Code financing statement
filings regarding operating leases or other obligations not constituting Indebtedness; 
 (15) Liens in favor of the Issuer
or any Guarantor; 
 (16) (i) Liens on Receivables Assets in respect of any Permitted Receivables Financing and any Specified
Vendor Receivables Financing; (ii) Liens in respect of sales of accounts receivable by Foreign Subsidiaries permitted by clause (s)(ii) of the definition of “Asset Sale”; 

(17) pledges and deposits and other Liens made in the ordinary course of business to secure liability to insurance carriers;

 (18) Liens on the Equity Interests of Unrestricted Subsidiaries; 

(19) leases or subleases, and licenses or sublicenses (including with respect to intellectual property) granted to others in
the ordinary course of business; 
 (20) Liens to secure any refinancing, refunding, extension, renewal or replacement (or
successive refinancings, refundings, extensions, renewals or replacements) as a whole, or in part, of any Indebtedness secured by any Lien referred to in clauses (6), (7), (8), (9), (10), (11), (15) and (25) of this definition;
provided, however, that (x) such new Lien shall be limited to all or part of the same property (including any after acquired property to the extent it would have been subject to the original Lien) that secured the original Lien
(plus improvements on and accessions to such property, proceeds and products thereof, customary security deposits and any other assets pursuant to the after-acquired property clauses to the extent such assets secured (or would have secured) the
Indebtedness being refinanced, refunded, extended, renewed or replaced), and (y) the Indebtedness secured by such Lien at such time is not increased to any amount greater than the sum of (A) the outstanding principal amount (or accreted
value, if applicable) or, if greater, committed amount of the applicable Indebtedness described under clauses (6), (7), (8), (9), (10), (11), (15) and (25) of this definition at the time the original Lien became a Permitted Lien under this
Indenture, (B) unpaid accrued interest and premiums (including tender premiums), and (C) an amount necessary to pay any underwriting discounts, defeasance costs, commissions, fees and expenses related to such refinancing, refunding,
extension, renewal or replacement; provided, further, however, that in the case of any Liens to secure any refinancing, refunding, extension or renewal of Indebtedness secured by a Lien referred to in clause (6)(B) or
(6)(C), the principal amount of any Indebtedness Incurred for such refinancing, refunding, extension or renewal shall be deemed secured by a Lien under clause (6)(B) or (6)(C) and not this clause (20) for purposes of determining the
principal amount of Indebtedness outstanding under clause (6)(B) or (6)(C); 
 (21) Liens on equipment of the Issuer or
any Restricted Subsidiary granted in the ordinary course of business to the Issuer’s or such Restricted Subsidiary’s client at which such equipment is located; 

  
 -27- 

 (22) judgment and attachment Liens not giving rise to an Event of Default and
notices of lis pendens and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate reserves have been made; 

(23) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale or purchase of
goods entered into in the ordinary course of business; 
 (24) Liens incurred to secure cash management services or to
implement cash pooling arrangements in the ordinary course of business; 
 (25) other Liens securing obligations the
outstanding principal amount of which does not, taken together with the principal amount of all other obligations secured by Liens incurred under this clause (25) that are at that time outstanding, exceed the greater of (x) $50.0 million
and (y) 5.0% of Total Assets; 
 (26) any encumbrance or restriction (including put and call arrangements) with respect
to Capital Stock of any joint venture or similar arrangement securing obligations of such joint venture or pursuant to any joint venture or similar agreement; 

(27) any amounts held by a trustee in the funds and accounts under an indenture securing any revenue bonds issued for the
benefit of the Issuer or any Restricted Subsidiary, under any indenture issued in escrow pursuant to customary escrow arrangements pending the release thereof, or under any indenture pursuant to customary discharge, redemption or defeasance
provisions; 
 (28) Liens (i) arising by virtue of any statutory or common law provisions relating to banker’s
Liens, rights of set-off or similar rights and remedies as to deposit accounts or other funds maintained with a depository or financial institution (including Section 4-210 of the applicable Uniform Commercial Code), (ii) attaching to
commodity trading accounts or other commodity brokerage accounts incurred in the ordinary course of business or (iii) encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to brokerage accounts
incurred in the ordinary course of business and not for speculative purposes; 
 (29) Liens (i) in favor of credit card
companies pursuant to agreements therewith, (ii) in favor of customers, and (iii) in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation and exportation
of goods in the ordinary course of business; 
 (30) Liens disclosed by the title insurance policies delivered pursuant to
the Credit Agreement and any replacement, extension or renewal of any such Lien; provided that such replacement, extension or renewal Lien shall not cover any property other than the property that was subject to such Lien prior to such
replacement, extension or renewal; provided, further, that the Indebtedness and other obligations secured by such replacement, extension or renewal Lien are permitted under this Indenture; 

(31) Liens that are contractual rights of set-off relating to purchase orders and other agreements entered into with customers,
suppliers or service providers of the Issuer or any Restricted Subsidiary in the ordinary course of business; 

  
 -28- 

 (32) in the case of real property that constitutes a leasehold interest,
(i) any Lien to which the fee simple interest (or any superior leasehold interest) is subject or (ii) any Lien in favor of a landlord on leasehold improvements in lease premises; 

(33) agreements to subordinate any interest of the Issuer or any Restricted Subsidiary in any accounts receivable or other
prices arising from inventory consigned by the Issuer or any such Restricted Subsidiary pursuant to an agreement entered into in the ordinary course of business; 

(34) Liens on securities that are the subject of repurchase agreements constituting Cash Equivalents under clause (4) of
the definition thereof; 
 (35) Liens securing insurance premium financing arrangements; provided that such Liens are
limited to the applicable unearned insurance premiums; and 
 (36) Liens for the benefit of a seller deemed to attach solely
to each earnest money deposits in connection with a letter of intent on an acquisition agreement. 
 “Permitted Receivables
Documents” means the Receivables Purchase Agreement, the Receivables Transfer Agreement and all other documents and agreements relating to any Permitted Receivables Financing. 

“Permitted Receivables Financing” means (i)(a) the sale by the Issuer and certain Subsidiaries (other than Foreign
Subsidiaries) of Receivables Assets to a Receivables Subsidiary pursuant to the Receivables Purchase Agreement and (b) the sale or pledge of such accounts receivable (or participations therein) by the Receivables Subsidiary to certain
purchasers pursuant to the Receivables Transfer Agreement and (ii) any of one or more other receivables or securitization financing facilities as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, the
Obligations of which are non-recourse (except for customary representations, warranties, covenants and indemnities made in connection with such facilities) to the Issuer or any of its Restricted Subsidiaries (other than a Receivables Subsidiary)
pursuant to which the Issuer or any of its Restricted Subsidiaries sells or grants a security interest in Receivables Assets to, or for the benefit of, either (x) a Person that is not a Restricted Subsidiary or (y) a Receivables Subsidiary
that in turn sells or grants a security interest in Receivables Assets to, or for the benefit of, a Person that is not a Restricted Subsidiary. 

“Person” means any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock
company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 

“Preferred Stock” means any Equity Interest with preferential right of payment of dividends or upon liquidation, dissolution,
or winding up. 
 “Rating Agency” means (1) each of Moody’s and S&P and (2) if Moody’s or S&P
ceases to rate the Notes for reasons outside of the Issuer’s control, a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Exchange Act selected by the Issuer or any direct or
indirect parent of the Issuer as a replacement agency for Moody’s or S&P, as the case may be. 
 “Receivables
Assets” means the loans, accounts receivable, financing receivables, other receivables, royalty or other revenue streams and other rights to payment and any assets related thereto subject to a Permitted Receivables Financing or a
Specified Vendor Receivables Financing and the proceeds thereof. 

  
 -29- 

 “Receivables Fees” means distributions or payments made directly or by means of
discounts with respect to any participation interests issued or sold in connection with, and all other fees paid to a Person that is a Restricted Subsidiary in connection with, any Permitted Receivables Financing or Specified Vendor Receivables
Financing. 
 “Receivables Purchase Agreement” means (a) the Amended and Restated Receivables Purchase Agreement dated
as of December 29, 2009 among the Receivables Subsidiary, the Issuer and the Subsidiaries party thereto, related to the Permitted Receivables Financing, as the same may be amended, supplemented or otherwise modified from time to time;
provided that the aggregate amount of all receivables financings pursuant to this clause (a) shall not exceed $75.0 million at any time outstanding, and (b) any agreement replacing such Receivables Purchase Agreement;
provided, further, that such replacing agreement contains terms that are substantially similar to those contained in such Receivables Purchase Agreement and that are otherwise no more adverse to the holders than the applicable terms of
such Receivables Purchase Agreement. 
 “Receivables Subsidiary” means: (i) TSPC, Inc., a Nevada corporation and
(ii) any Subsidiary formed for the purpose of, and that solely engages only in one or more Permitted Receivables Financing and other activities reasonably related thereto. 

“Receivables Transfer Agreement” means (a) the Receivables Transfer Agreement dated as of December 29, 2009 among
the Receivables Subsidiary, the Issuer and the purchasers party thereto, relating to the Permitted Receivables Financing, as the same may be amended, supplemented or otherwise modified from time to time and (b) any agreement replacing such
Receivables Transfer Agreement; provided that such replacing agreement contains terms that are substantially similar to such Receivables Transfer Agreement and that are otherwise no more adverse to the holders than the applicable terms of
such Receivables Transfer Agreement. 
 “Record Date” has the meaning specified in Exhibit A hereto. 

“Replacement Assets” means any one or more businesses (provided that if the investment in such business or businesses is in
the form of the acquisition of Capital Stock of a Person, such acquisition results in such Person becoming a Restricted Subsidiary of the Issuer), assets, or property or capital expenditures, in each case (a) that are or will be used or useful
in a Similar Business or (b) that replace the properties and assets that are the subject of the Asset Sale. 
 “Restricted
Investment” means an Investment other than a Permitted Investment. 
 “Restricted Subsidiary” means, with respect
to any Person, any Subsidiary of such Person other than an Unrestricted Subsidiary of such Person. Unless otherwise indicated in this Indenture, all references to Restricted Subsidiaries shall mean Restricted Subsidiaries of the Issuer. 

“Sale/Leaseback Transaction” means an arrangement relating to property now owned or hereafter acquired by the Issuer or a
Restricted Subsidiary whereby the Issuer or such Restricted Subsidiary transfers such property to a Person and the Issuer or such Restricted Subsidiary leases it from such Person, other than leases between the Issuer and a Restricted Subsidiary or
between Restricted Subsidiaries. 

  
 -30- 

 “S&P” means Standard & Poor’s, a division of The McGraw-Hill
Companies, Inc., or any successor to the rating agency business thereof. 
 “SEC” means the Securities and Exchange
Commission. 
 “Secured Indebtedness” means any Indebtedness of the Issuer or any Restricted Subsidiary secured by a Lien.

 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations of the SEC promulgated
thereunder. 
 “Significant Subsidiary” means any Restricted Subsidiary that would be a “Significant Subsidiary”
within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC (or any successor provisions). 
 “Similar
Business” means any business (x) the majority of whose revenues are derived from business or activities conducted by the Issuer and its Subsidiaries on the Issue Date, (y) that is a natural outgrowth or reasonable extension,
development, expansion of any business or activities conducted by the Issuer and its subsidiaries on the Issue Date or any business similar, reasonably related, incidental, complementary or ancillary to any of the foregoing and (z) any business
that in the Issuer’s good faith business judgment constitutes a reasonable diversification of businesses conducted by the Issuer and its Subsidiaries. 

“Specified Vendor Receivables Financing” means the sale by the Issuer and certain Subsidiaries (other than Foreign
Subsidiaries) of Receivables Assets to one or more financial institutions pursuant to third-party financing agreements in transactions constituting “true sales”; provided that the aggregate amount of all such receivables financings
shall not exceed $75.0 million at any time outstanding. 
 “Specified Vendor Receivables Financing Documents” means all
documents and agreements relating to Specified Vendor Receivables Financing. 
 “Stated Maturity” means, with respect to
any security, the date specified in such security as the fixed date on which the final payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the
repurchase of such security at the option of the holder thereof upon the happening of any contingency beyond the control of the issuer unless such contingency has occurred). 

“Subordinated Indebtedness” means (a) with respect to the Issuer, any Indebtedness of the Issuer which is by its terms
subordinated in right of payment to the Notes, and (b) with respect to any Guarantor, any Indebtedness of such Guarantor which is by its terms subordinated in right of payment to its Guarantee. 

“Subsidiary” means, with respect to any Person, (1) any corporation, association or other business entity (other than a
partnership, joint venture or limited liability company) of which more than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or
trustees thereof is at the time of determination owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of that Person or a combination thereof, and (2) any partnership, joint venture or limited
liability company of which (x) more than 50% of the capital accounts, distribution rights, total equity and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly, by such
Person or one or more of the other Subsidiaries of that Person or a combination thereof, whether in the form of membership, general, special or limited partnership interests or otherwise, and (y) such Person or any Subsidiary of such Person is
a controlling general partner or otherwise controls such entity. 

  
 -31- 

 “Suspension Period” means the period of time between a Covenant Suspension Event
and the related Reversion Date. 
 “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit
derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or
forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot
contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and
(b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any
International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master
Agreement. 
 “TIA” means the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb) as in effect on the Issue Date.

 “Total Assets” means the total assets of the Issuer and its Restricted Subsidiaries, determined on a consolidated basis
in accordance with GAAP, as shown on the most recent balance sheet of the Issuer or such other Person. 
 “Transactions”
means the (a) the issuance and sale of the Notes pursuant to the Offering Memorandum, (b) the entering into of the Credit Agreement and the making of borrowings thereunder on the date of this Indenture, (c) the application of the net
proceeds from each of the foregoing as described in the Offering Memorandum and (d) the payment of fees and expenses in connection with each of the foregoing. 

“Treasury Rate” means, as of the applicable redemption date, as determined by the Issuer, the yield to maturity as of such
redemption date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has become publicly available at least two (2) Business Days
prior to such redemption date (or, if such Statistical Release is no longer published (or the relevant information is no longer published therein), any publicly available source of similar market data)) most nearly equal to the period from such
redemption date to October 15, 2020; provided, however, that if the period from such redemption date to October 15, 2020, as applicable, is less than one year, the weekly average yield on actively traded United States
Treasury securities adjusted to a constant maturity of one year will be used. 
 “Trust Officer” means: 

(1) any officer within the corporate trust department of the Trustee, including any vice president, assistant vice president,
assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate
trust matter is referred because of such person’s knowledge of and familiarity with the particular subject, and 
 (2)
who shall have direct responsibility for the administration of this Indenture. 

  
 -32- 

 “Trustee” means the party named as such in this Indenture until a successor
replaces it and, thereafter, means the successor. 
 “Uniform Commercial Code” or “UCC” means the Uniform
Commercial Code as the same may from time to time be in effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the extent it may be required to apply to any item or items. 

“Unrestricted Subsidiary” means: 

(1) any Subsidiary of the Issuer that at the time of determination shall be designated an Unrestricted Subsidiary by the Board
of Directors of the Issuer, as applicable, in the manner provided below; and 
 (2) any Subsidiary of an Unrestricted
Subsidiary. 
 The Issuer may designate any Subsidiary of the Issuer (including any newly acquired or newly formed Subsidiary of the Issuer)
to be an Unrestricted Subsidiary unless at the time of such designation such Subsidiary or any of its Subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on any property of the Issuer or any other Restricted
Subsidiary that is not a Subsidiary of the Subsidiary to be so designated, in each case at the time of such designation; provided, however, that the Subsidiary to be so designated and its Subsidiaries do not at the time of designation
have and do not thereafter Incur any Indebtedness pursuant to which the lender has recourse to any of the assets of the Issuer or any of the Restricted Subsidiaries unless otherwise permitted under Section 4.04; provided, further,
however that either: 
 (a) the Subsidiary to be so designated has total consolidated assets of $1,000 or less; or

 (b) if such Subsidiary has consolidated assets greater than $1,000, then such designation would be permitted under
Section 4.04. 
 The Issuer may designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided, however,
that immediately after giving effect to such designation: 
 (x) (1) the Issuer could Incur $1.00 of additional Indebtedness
pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.03(a) or (2) the Fixed Charge Coverage Ratio of the Issuer would be no less than such ratio immediately prior to such designation, in each case on a pro forma
basis taking into account such designation; and 
 (y) no Event of Default shall have occurred and be continuing. 

Any such designation by the Issuer shall be evidenced to the Trustee by promptly filing with the Trustee a copy of the resolution of the Board
of Directors or any committee thereof of the Issuer giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing provisions. 

  
 -33- 

 “U.S. Government Obligations” means securities that are: 

(1) direct obligations of the United States of America for the timely payment of which its full faith and credit is pledged, or

 (2) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of
America, the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, 
 which, in each
case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the Exchange Act) as custodian with respect to any such U.S. Government
Obligations or a specific payment of principal of or interest on any such U.S. Government Obligations held by such custodian for the account of the holder of such depository receipt; provided that (except as required by law) such custodian is
not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligations or the specific payment of principal of or interest on the
U.S. Government Obligations evidenced by such depository receipt. 
 “U.S. Obligations” means any obligations (as defined
in the Credit Agreement) owing by the Issuer under the Credit Agreement. 
 “Voting Stock” of any Person as of any date
means the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person. 

“Weighted Average Life to Maturity” means, when applied to any Indebtedness or Disqualified Stock or Preferred Stock, as the
case may be, at any date, the quotient obtained by dividing (1) the sum of the products of the number of years from the date of determination to the date of each successive scheduled principal payment of such Indebtedness or redemption or
similar payment with respect to such Disqualified Stock or Preferred Stock multiplied by the amount of such payment, by (2) the sum of all such payments. 

“Wholly Owned Restricted Subsidiary” is any Wholly Owned Subsidiary that is a Restricted Subsidiary. 

“Wholly Owned Subsidiary” of any Person means a Subsidiary of such Person 100% of the outstanding Capital Stock or other
ownership interests of which (other than directors’ qualifying shares or shares issued to foreign nationals or other third parties pursuant to applicable law) shall at the time be owned by such Person or by one or more Wholly Owned Subsidiaries
of such Person. 
 SECTION 1.02 Other Definitions. 
  

			
	 Term
	  	 Section

	$	  	1.03(j)
	Affiliate Transaction	  	4.07(a)
	Agent Members	  	Appendix A
	Asset Sale Offer	  	4.06(b)
	Authentication Order	  	2.03
	Bankruptcy Law	  	6.01
	Change of Control Offer	  	4.08(b)
	Change of Control Repurchase Date	  	4.08(b)(iii)
	covenant defeasance option	  	8.01(b)
	Covenant Suspension Event	  	4.15

  
 -34- 

			
	 Term
	  	 Section

	Custodian	  	6.01
	Definitive Note	  	Appendix A
	Depository	  	Appendix A
	EDGAR	  	4.02(a)
	Event of Default	  	6.01
	Excess Proceeds	  	4.06(b)
	Global Notes	  	Appendix A
	Global Notes Legend	  	Appendix A
	Guaranteed Obligations	  	10.01(a)
	incorporated provision	  	11.01
	Increased Amount	  	4.12(d)
	Initial Notes	  	Preamble
	Initial Purchasers	  	Appendix A
	Issuer	  	Preamble
	legal defeasance option	  	8.01(b)
	Notes	  	Preamble
	Notes Custodian	  	Appendix A
	Notice of Default	  	6.01
	Paying Agent	  	2.04(a)
	Permitted Jurisdictions	  	5.01(a)
	protected purchaser	  	2.08
	QIB	  	Appendix A
	Refinancing Indebtedness	  	4.03(b)(xv)
	Refunding Capital Stock	  	4.04(b)(ii)
	Registrar	  	2.04(a)
	Regulation S	  	Appendix A
	Regulation S Global Notes	  	Appendix A
	Regulation S Notes	  	Appendix A
	Restricted Notes Legend	  	Appendix A
	Restricted Payments	  	4.04(a)
	Restricted Period	  	Appendix A
	Retired Capital Stock	  	4.04(b)(ii)
	Reversion Date	  	4.15
	Rule 144	  	Appendix A
	Rule 144A	  	Appendix A
	Rule 144A Global Notes	  	Appendix A
	Rule 144A Notes	  	Appendix A
	Successor Guarantor	  	5.1(b)(i)
	Successor Issuer	  	5.01(a)(i)
	Suspended Covenants	  	4.15
	Transfer Restricted Definitive Notes	  	Appendix A
	Transfer Restricted Global Notes	  	Appendix A
	Transfer Restricted Notes	  	Appendix A
	Unrestricted Definitive Notes	  	Appendix A
	Unrestricted Global Notes	  	Appendix A
	U.S. dollars	  	1.03(j)

  
 -35- 

 SECTION 1.03 Rules of Construction.. Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(c) “or” is not exclusive; 

(d) “including” means including without limitation; 

(e) words in the singular include the plural and words in the plural include the singular; 

(f) unsecured Indebtedness shall not be deemed to be subordinate or junior to Secured Indebtedness merely by virtue of its
nature as unsecured Indebtedness; 
 (g) the principal amount of any non-interest bearing or other discount security at any
date shall be the principal amount thereof that would be shown on a balance sheet of the issuer dated such date prepared in accordance with GAAP; 

(h) the principal amount of any Preferred Stock shall be (i) the maximum liquidation value of such Preferred Stock or
(ii) the maximum mandatory redemption or mandatory repurchase price with respect to such Preferred Stock, whichever is greater; 

(i) unless otherwise specified herein, all accounting terms used herein shall be interpreted, all accounting determinations
hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared in accordance with GAAP; and 

(j) “$” and “U.S. dollars” each refer to United States dollars, or such other money of the
United States of America that at the time of payment is legal tender for payment of public and private debts. 
 ARTICLE II 

THE NOTES 
 SECTION 2.01
Amount of Notes. The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture on the Issue Date is $300,000,000. 

The Issuer may from time to time after the Issue Date issue Additional Notes under this Indenture in an unlimited principal amount, so long as
(i) the Incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 as evidenced in an Officer’s Certificate delivered to the Trustee and (ii) such Additional Notes are issued in
compliance with the other applicable provisions of this Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of,
other Notes pursuant to Section 2.07, 2.08, 2.09, 3.08, 4.06(e), 4.08(c) or Appendix A), there shall be (a) established in or pursuant to a resolution of the Board of Directors of the Issuer and (b) (i) set forth or determined in
the manner provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes: 

(1) the aggregate principal amount of such Additional Notes which may be authenticated and delivered under this Indenture; 

  
 -36- 

 (2) the issue price and issuance date of such Additional Notes, including the
date from which interest on such Additional Notes shall accrue; and 
 (3) if applicable, that such Additional Notes shall be
issuable in whole or in part in the form of one or more Global Notes and, in such case, the respective depositaries for such Global Notes, the form of any legend or legends which shall be borne by such Global Notes in addition to or in lieu of those
set forth in Exhibit A hereto and any circumstances in addition to or in lieu of those set forth in Section 2.2 of Appendix A in which any such Global Note may be exchanged in whole or in part for Additional Notes registered, or any
transfer of such Global Note in whole or in part may be registered, in the name or names of Persons other than the depositary for such Global Note or a nominee thereof. 

If any of the terms of any Additional Notes are established by action taken pursuant to a resolution of the Board of Directors, a copy of an
appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the Issuer and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate or an indenture supplemental hereto setting
forth the terms of the Additional Notes. 
 The Initial Notes and any Additional Notes may, at the Issuer’s option, be treated as a
single class of securities for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase; provided that if the Additional Notes are not fungible with the Initial Notes for U.S.
federal income tax purposes, the Additional Notes will have a separate CUSIP number, if applicable. 
 SECTION 2.02 Form and Dating.
Provisions relating to the Initial Notes are set forth in Appendix A, which is hereby incorporated in and expressly made a part of this Indenture. The (i) Initial Notes and the Trustee’s certificate of authentication and
(ii) any Additional Notes (if issued as Transfer Restricted Notes) and the Trustee’s certificate of authentication shall each be substantially in the form of Exhibit A hereto, which is hereby incorporated in and expressly made a
part of this Indenture. The Notes may have notations, legends or endorsements required by law, stock exchange rule, agreements to which the Issuer or any Guarantor is subject, if any, or usage (provided that any such notation, legend or
endorsement is in a form acceptable to the Issuer). Each Note shall be dated the date of its authentication. The Notes shall be issuable only in registered form without interest coupons and in denominations of $2,000 and any integral multiples of
$1,000 in excess thereof, provided that Notes may be issued in denominations of less than $2,000 solely to accommodate book-entry positions that have been created by the Depository in denominations of less than $2,000. 

SECTION 2.03 Execution and Authentication. The Trustee shall authenticate and make available for delivery upon a written order of the
Issuer signed by one Officer of the Issuer (an “Authentication Order”) (a) Initial Notes for original issue on the date hereof in an aggregate principal amount of $300,000,000 and (b) subject to the terms of this
Indenture, Additional Notes in an aggregate principal amount to be determined at the time of issuance and specified therein. Such Authentication Order shall specify the amount of separate Note certificates to be authenticated, the principal amount
of each of the Notes to be authenticated, the date on which the original issue of Notes is to be authenticated, whether the Notes are to be Initial Notes or Additional Notes, the registered holder of each of the Notes and delivery instructions.
Notwithstanding anything to the contrary in this Indenture or Appendix A, any issuance of Additional Notes after the Issue Date shall be in a principal amount of at least $2,000 and integral multiples of $1,000 in excess thereof. 

One Officer shall sign the Notes for the Issuer by manual or PDF signature. 

  
 -37- 

 If an Officer whose signature is on a Note no longer holds that office at the time the Trustee
authenticates the Note, the Note shall be valid nevertheless. 
 A Note shall not be valid until an authorized signatory of the Trustee (or
an authenticating agent as described immediately below) manually signs the certificate of authentication on the Note. The signature shall be conclusive evidence that the Note has been authenticated under this Indenture. 

The Trustee may appoint one or more authenticating agents reasonably acceptable to the Issuer to authenticate the Notes. Any such appointment
shall be evidenced by an instrument signed by a Trust Officer, a copy of which shall be furnished to the Issuer. Unless limited by the terms of such appointment, an authenticating agent may authenticate Notes whenever the Trustee may do so. Each
reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as any Registrar, Paying Agent or agent for service of notices and demands. 

SECTION 2.04 Registrar and Paying Agent. 

(a) The Issuer shall maintain (i) an office or agency where Notes may be presented for registration of transfer or for exchange (the
“Registrar”) and (ii) an office or agency where Notes may be presented for payment (the “Paying Agent”). The Registrar shall keep a register of the Notes and of their transfer and exchange. The Issuer may have
one or more co-registrars and one or more additional paying agents. The term “Registrar” includes any co-registrars. The term “Paying Agent” includes the Paying Agent and any additional paying agents. The Issuer
initially appoints the Trustee as Registrar, Paying Agent and the Notes Custodian with respect to the Global Notes. 
 (b) The Issuer may
enter into an appropriate agency agreement with any Registrar or Paying Agent not a party to this Indenture, which shall incorporate the applicable terms of the TIA. The agreement shall implement the provisions of this Indenture that relate to such
agent. The Issuer shall notify the Trustee in writing of the name and address of any such agent. If the Issuer fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate compensation therefor
pursuant to Section 7.07. The Issuer or any of its Subsidiaries may act as Paying Agent or Registrar. 
 (c) The Issuer may remove any
Registrar or Paying Agent upon written notice to such Registrar or Paying Agent and to the Trustee; provided, however, that no such removal shall become effective until (i) if applicable, acceptance of an appointment by a
successor Registrar or Paying Agent, as the case may be, as evidenced by an appropriate agreement entered into by the Issuer and such successor Registrar or Paying Agent, as the case may be, and delivered to the Trustee, (ii) notification to
the Trustee that the Trustee shall serve as Registrar or Paying Agent until the appointment of a successor in accordance with clause (i) above or clause (iii) below or (iii) notification to the Trustee in writing that the Issuer or
any of its Subsidiaries should serve as Registrar or Paying Agent until the appointment of a successor in accordance with clause (i) or (ii) above or this clause (iii). The Registrar or Paying Agent may resign at any time upon written
notice to the Issuer and the Trustee; provided, however, that the Trustee may resign as Paying Agent or Registrar only if the Trustee also resigns as Trustee in accordance with Section 7.08. 

SECTION 2.05 Paying Agent to Hold Money in Trust. Prior to 10:00 a.m., New York City time, on each due date of the principal of and
interest on any Note, the Issuer shall deposit with each Paying Agent (or if the Issuer or any of its wholly owned domestically organized Subsidiaries is acting as Paying Agent, segregate and hold in trust for the benefit of the Persons entitled
thereto) a sum sufficient to pay such principal and interest when so becoming due. The Issuer shall require each Paying Agent 

  
 -38- 

 
(other than the Trustee) to agree in writing that a Paying Agent shall hold in trust for the benefit of holders or the Trustee all money held by a Paying Agent for the payment of principal of and
interest on the Notes, and shall notify the Trustee in writing of any default by the Issuer in making any such payment. If the Issuer or any of its Subsidiaries acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold
it in trust for the benefit of the Persons entitled thereto. The Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by such Paying Agent. Upon complying with this
Section 2.05, a Paying Agent shall have no further liability for the money delivered to the Trustee. 
 SECTION 2.06 Holder
Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of holders. If the Trustee is not the Registrar, the Issuer shall furnish, or cause the Registrar
to furnish, to the Trustee, in writing at least five (5) Business Days before each Interest Payment Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably
require of the names and addresses of holders. 
 SECTION 2.07 Transfer and Exchange. The Notes shall be issued in registered form
and shall be transferable only upon the surrender of a Note for registration of transfer and in compliance with Appendix A. When a Note is presented to the Registrar with a request to register a transfer, the Registrar shall register the
transfer as requested if its requirements (including, among other things, the furnishing of appropriate endorsements and transfer documents) therefor are met. When Notes are presented to the Registrar with a request to exchange them for an equal
principal amount of Notes of other denominations, the Registrar shall make the exchange as requested if the same requirements are met. To permit registration of transfers and exchanges, the Issuer shall execute and the Trustee shall authenticate
Notes at the Registrar’s request. The Issuer may require payment of a sum sufficient to pay all taxes, assessments or other governmental charges in connection with any transfer or exchange pursuant to this Section. The Issuer shall not be
required to make, and the Registrar need not register, transfers or exchanges of any Notes selected for redemption (except, in the case of Notes to be redeemed in part, the portion thereof not to be redeemed) or of any Notes for a period of fifteen
(15) days before the mailing of a notice of redemption of Notes to be redeemed. 
 Prior to the due presentation for registration of
transfer of any Note, the Issuer, the Guarantors, the Trustee, the Paying Agent and the Registrar may deem and treat the Person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal
of and interest, if any, on such Note and for all other purposes whatsoever, whether or not such Note is overdue, and none of the Issuer, the Guarantors, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary.

 Any holder of a beneficial interest in a Global Note shall, by acceptance of such beneficial interest, agree that transfers of beneficial
interests in such Global Note may be effected only through a book-entry system maintained by (a) the holder of such Global Note (or its agent) or (b) any holder of a beneficial interest in such Global Note, and that ownership of a
beneficial interest in such Global Note shall be required to be reflected in a book entry. 
 All Notes issued upon any transfer or exchange
pursuant to the terms of this Indenture shall evidence the same debt and shall be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange. 

  
 -39- 

 The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance
with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depository participants or beneficial owners of interests in
any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine
substantial compliance as to form with the express requirements hereof. 
 None of the Trustee, Registrar or Paying Agent shall have any
responsibility for any actions taken or not taken by the Depository. 
 The transferor shall also provide or cause to be provided to the
Trustee all information reasonably necessary to allow the Trustee to comply with any applicable tax reporting obligations, including without limitation, any cost basis reporting obligations under the Code. The Trustee may rely on any such
information provided to it and shall have no responsibility to verify or ensure the accuracy of such information. 
 SECTION 2.08
Replacement Notes. If a mutilated Note is surrendered to the Registrar or if the holder of a Note claims that the Note has been lost, destroyed or wrongfully taken, the Issuer shall issue and the Trustee shall authenticate a replacement Note
if the requirements of Section 8-405 of the Uniform Commercial Code are met, such that the holder (a) satisfies the Issuer and the Trustee within a reasonable time after such holder has notice of such loss, destruction or wrongful taking
and the Registrar does not register a transfer prior to receiving such notification, (b) makes such request to the Issuer and the Trustee prior to the Note being acquired by a protected purchaser as defined in Section 8-303 of the Uniform
Commercial Code (a “protected purchaser”) and (c) satisfies any other reasonable requirements of the Issuer and the Trustee. Such holder shall furnish an indemnity bond sufficient in the judgment of the Trustee, with respect to
the Trustee, and the Issuer, with respect to the Issuer, to protect the Issuer, the Trustee, the Paying Agent and the Registrar, as applicable, from any loss or liability that any of them may suffer if a Note is replaced and subsequently presented
or claimed for payment. The Issuer and the Trustee may charge the holder for their expenses in replacing a Note (including without limitation, attorneys’ fees and disbursements in replacing such Note). In the event any such mutilated, lost,
destroyed or wrongfully taken Note has become or is about to become due and payable, the Issuer in its discretion may pay such Note instead of issuing a new Note in replacement thereof. 

Every replacement Note is an additional obligation of the Issuer. 

The provisions of this Section 2.08 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to
the replacement or payment of mutilated, lost, destroyed or wrongfully taken Notes. 
 SECTION 2.09 Outstanding Notes. Notes
outstanding at any time are all Notes authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation and those described in this Section as not outstanding. Subject to Section 11.06, a Note does not cease
to be outstanding because the Issuer or an Affiliate of the Issuer holds the Note. 
 If a Note is replaced pursuant to Section 2.08
(other than a mutilated Note surrendered for replacement), it ceases to be outstanding unless the Trustee and the Issuer receive proof satisfactory to them that the replaced Note is held by a protected purchaser. A mutilated Note ceases to be
outstanding upon surrender of such Note and replacement thereof pursuant to Section 2.08. 
 If a Paying Agent segregates and holds in
trust, in accordance with this Indenture, on a redemption date or maturity date money sufficient to pay all principal and interest payable on that date with respect to the Notes (or portions thereof) to be redeemed or maturing, as the case may be,
and no Paying Agent is prohibited from paying such money to the holders on that date pursuant to the terms of this Indenture, then on and after that date such Notes (or portions thereof) cease to be outstanding and interest on them ceases to accrue.

  
 -40- 

 SECTION 2.10 Cancellation. The Issuer at any time may deliver Notes to the Trustee for
cancellation. The Registrar and each Paying Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else shall cancel all Notes surrendered for registration of
transfer, exchange, payment or cancellation and shall dispose of canceled Notes in accordance with its customary procedures. The Issuer may not issue new Notes to replace Notes they have redeemed, paid or delivered to the Trustee for cancellation.
The Trustee shall not authenticate Notes in place of canceled Notes other than pursuant to the terms of this Indenture. 
 SECTION 2.11
Defaulted Interest. If the Issuer defaults in a payment of interest on the Notes, the Issuer shall pay the defaulted interest then borne by the Notes (plus interest on such defaulted interest to the extent lawful) in any lawful manner.
The Issuer may pay the defaulted interest to the Persons who are holders on a subsequent special record date. The Issuer shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and
shall promptly mail or cause to be mailed to each affected holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. 

SECTION 2.12 CUSIP Numbers, ISINs, Etc. The Issuer in issuing the Notes may use CUSIP numbers, ISINs and “Common Code”
numbers (if then generally in use), and the Trustee shall use any such CUSIP numbers, ISINs and “Common Code” numbers in notices of redemption as a convenience to holders; provided, however, that any such notice may state
that no representation is made as to the correctness of such numbers, either as printed on the Notes or as contained in any notice of a redemption, that reliance may be placed only on the other identification numbers printed on the Notes and that
any such redemption shall not be affected by any defect in or omission of such numbers. The Issuer shall advise the Trustee in writing of any change in any such CUSIP numbers, ISINs and “Common Code” numbers. 

SECTION 2.13 Calculation of Principal Amount of Notes. The aggregate principal amount of the Notes, at any date of determination, shall
be the principal amount of the Notes at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of the principal amount of all the Notes, such percentage
shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of
determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 11.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Indenture shall be made by
the Issuer and delivered to the Trustee pursuant to an Officer’s Certificate. 
 ARTICLE III 

REDEMPTION 
 SECTION 3.01
Redemption. The Notes may be redeemed, in whole or from time to time in part, subject to the conditions and at the redemption prices set forth in Paragraph 5 of the form of Note set forth in Exhibit A hereto, which is hereby
incorporated by reference and made a part of this Indenture. 

  
 -41- 

 SECTION 3.02 Applicability of Article. Redemption of Notes at the election of the Issuer
or otherwise, as permitted or required by any provision of this Indenture, shall be made in accordance with such provision and this Article III. 

SECTION 3.03 Notices to Trustee. If the Issuer elects to redeem Notes pursuant to the optional redemption provisions of Paragraph 5 of
the Notes, the Issuer shall notify the Trustee in an Officer’s Certificate of (i) the Section of this Indenture pursuant to which the redemption shall occur, (ii) the redemption date, (iii) the principal amount of Notes to be
redeemed and (iv) the redemption price. The Issuer shall give notice to the Trustee provided for in this paragraph at least 30 days but not more than 60 days before a redemption date if the redemption is a redemption pursuant to Paragraph 5 of
the Notes. The Issuer may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the Issuer’s name and at its expense and setting forth the information to be stated in such notice as provided
in Section 3.05. Any such notice may be canceled if written notice from the Issuer of such cancellation is actually received by the Trustee on the Business Day immediately prior to notice of such redemption being mailed to any holder or
otherwise delivered in accordance with the applicable procedures of the Depository and shall thereby be void and of no effect. The Issuer shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to
be redeemed pursuant to Section 3.04. 
 SECTION 3.04 Selection of Notes to Be Redeemed. In the case of any partial redemption,
selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed (and the Issuer shall notify the Trustee of any such listing),
or if the Notes are not so listed, on a pro rata basis to the extent practicable or by lot (and, in such manner that complies with the requirements of the Depository, if applicable); provided that no Notes of $2,000 (and integral multiples of
$1,000 in excess thereof) or less shall be redeemed in part. The Trustee shall make the selection from outstanding Notes not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have
denominations larger than $2,000. Notes and portions of them the Trustee selects shall be in amounts of $2,000 or integral multiples of $1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to
portions of Notes called for redemption. The Trustee shall notify the Issuer promptly of the Notes or portions of Notes to be redeemed. 

SECTION 3.05 Notice of Optional Redemption. 

(a) At least 30 but not more than 60 days before a redemption date pursuant to Paragraph 5 of the Notes, the Issuer shall mail or cause to be
mailed by first-class mail, or delivered electronically if the Notes are held by the Depository, a notice of redemption to each holder whose Notes are to be redeemed at its registered address (with a copy to the Trustee), except that redemption
notices may be mailed or otherwise delivered more than 60 days prior to the redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture pursuant to Article VIII. 

Any such notice shall identify the Notes to be redeemed and shall state: 

(i) the redemption date; 

(ii) the redemption price and the amount of accrued and unpaid interest, if any, to, but excluding, the redemption date; 

(iii) the name and address of the Paying Agent; 

  
 -42- 

 (iv) that Notes called for redemption must be surrendered to the Paying Agent to
collect the redemption price, plus accrued and unpaid interest, if any; 
 (v) if fewer than all the outstanding Notes
are to be redeemed, the certificate numbers and principal amounts of the particular Notes to be redeemed, the aggregate principal amount of Notes to be redeemed and the aggregate principal amount of Notes to be outstanding after such partial
redemption; 
 (vi) that, unless the Issuer defaults in making such redemption payment or the Paying Agent is prohibited from
making such payment pursuant to the terms of this Indenture, interest on Notes (or portion thereof) called for redemption ceases to accrue on and after the redemption date; 

(vii) the CUSIP number, ISIN and/or “Common Code” number, if any, printed on the Notes being redeemed; 

(viii) that no representation is made as to the correctness or accuracy of the CUSIP number or ISIN and/or “Common
Code” number, if any, listed in such notice or printed on the Notes; and 
 (ix) if the redemption is conditioned upon
any subsequent event, a description of such condition or event. 
 (b) At the Issuer’s request, the Trustee shall deliver the notice of
redemption in the Issuer’s name and at the Issuer’s expense. In such event, the Issuer shall notify the Trustee of such request at least seven (7) Business Days (or such shorter period as is acceptable to the Trustee) prior to the
date such notice is to be provided to holders. Except with respect to a redemption conditioned upon any subsequent event, such notice may not be canceled once delivered to holders. 

SECTION 3.06 Effect of Notice of Redemption. Once notice of redemption is mailed or otherwise delivered in accordance with
Section 3.05, Notes called for redemption become due and payable on the redemption date and at the redemption price stated in the notice, except as provided in the final paragraph of paragraph 5 of the Notes. Upon surrender to the Paying Agent,
such Notes shall be paid at the redemption price stated in the notice, plus accrued and unpaid interest, if any, to, but excluding, the redemption date; provided, however, that if the redemption date is after a regular Record Date and
on or prior to the next Interest Payment Date, the accrued interest shall be payable to the holder of the redeemed Notes registered on the relevant Record Date. Failure to give notice or any defect in the notice to any holder shall not affect the
validity of the notice to any other holder. 
 SECTION 3.07 Deposit of Redemption Price. With respect to any Notes, prior to 10:00
a.m., New York City time, on the redemption date, the Issuer shall deposit with the Paying Agent (or, if the Issuer or any of its wholly owned domestically organized Subsidiaries is the Paying Agent, shall segregate and hold in trust) money
sufficient to pay the redemption price of and accrued and unpaid interest, if any, on all Notes or portions thereof to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Issuer to the
Trustee for cancellation. On and after the redemption date, interest shall cease to accrue on Notes or portions thereof called for redemption so long as the Issuer has deposited with the Paying Agent funds sufficient to pay the redemption price of,
plus accrued and unpaid interest, if any, on the Notes or portions thereof to be redeemed, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture. 

  
 -43- 

 SECTION 3.08 Notes Redeemed in Part. If any Note is to be redeemed in part only, the
notice of redemption relating to such Note shall state the portion of the principal amount thereof to be redeemed. Upon surrender and cancellation of a Note that is redeemed in part, the Issuer shall execute and the Trustee shall authenticate for
the holder (at the Issuer’s expense) a new Note equal in principal amount to the unredeemed portion of the Note surrendered and cancelled. 

ARTICLE IV 
 COVENANTS

 SECTION 4.01 Payment of Notes. The Issuer shall promptly pay the principal of and interest on the Notes on the dates and in
the manner provided in the Notes and in this Indenture. An installment of principal of or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds as of 10:00 a.m., New York City time, money sufficient
to pay all principal and interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the holders on that date pursuant to the terms of this Indenture. 

The Issuer shall pay interest on overdue principal at the rate specified therefor in the Notes, and it shall pay interest on overdue
installments of interest at the same rate borne by the Notes to the extent lawful. 
 SECTION 4.02 Reports and Other Information.

 (a) Whether or not required by the rules and regulations of the SEC, so long as any Notes are outstanding, the Issuer will furnish to the
holders (with a copy to the Trustee), or file electronically with the SEC through the SEC’s Electronic Data Gathering, Analysis and Retrieval System (or any successor system) (“EDGAR”), within the time periods specified in the
SEC’s rules and regulations (after giving effect to any grace period provided by Rule 12b-25 under the Exchange Act): 

(i) all quarterly and annual information that would be required to be contained in reports on Forms 10-Q and 10-K (or any
successor or comparable form) required to be filed with the SEC if the Issuer were required to file such reports, including a “Management’s discussion and analysis of financial condition and results of operations” and, with respect to
the annual information only, a report on the annual financial statements by the Issuer’s independent registered public accounting firm; and 

(ii) all current reports that would be required to be filed with the SEC on Form 8-K (or any successor or comparable form) if
the Issuer were required to file such reports. 
 The financial information required by Section 4.02(a)(i) will not be
required to include a footnote presenting the condensed consolidating financial information specified in Rule 3-10 of Regulation S-X promulgated by the SEC (or any successor provisions), but will require textual disclosure consistent with the
disclosure in the Offering Memorandum of the non-Guarantors whose results are required to be consolidated for the purposes of presentation in accordance with GAAP of consolidated financial statements of the Issuer and its subsidiaries for any of the
periods presented in such financial information. 
 (b) If the Issuer does not file reports containing such information with the SEC, then
the Issuer will deliver such information and reports to the Trustee and make available such information and such reports to any noteholders, bona fide prospective investors, market makers affiliated with any Initial Purchaser, and any bona fide
securities analyst by posting such information on Intralinks or any 

  
 -44- 

 
comparable password-protected online data system which will require a confidentiality acknowledgment, and will make such information readily available to any noteholders, bona fide prospective
investors, market makers affiliated with any Initial Purchaser, and any bona fide securities analyst who (i) agrees to treat such information as confidential or (ii) accesses such information on Intralinks or any comparable
password-protected online data system which will require a confidentiality acknowledgment; provided that the Issuer shall post such information thereon and make readily available any password or other login information to any such
noteholders, bona fide prospective investors, market makers affiliated with any Initial Purchaser and any bona fide securities analyst. The Issuer will hold a quarterly conference call for all noteholders, bona fide prospective investors, market
makers affiliated with any Initial Purchaser and any bona fide securities analyst to discuss financial information within ten (10) Business Days after distribution of such financial information; provided that any customary quarterly
earnings call with public equity holders shall be deemed to constitute such quarterly conference call for purposes of this Indenture. 
 (c)
In addition, the Issuer shall, for so long as any Notes remain outstanding during any period when it is not subject to Section 13 or 15(d) of the Exchange Act, or otherwise permitted to furnish the SEC with the information required by this
Section 4.02, furnish to noteholders, bona fide prospective investors, market makers affiliated with any initial purchaser of the Notes, and any bona fide securities analyst, upon their request, the information required to be delivered pursuant
to Rule 144A(d)(4) under the Securities Act. The Issuer may satisfy its obligation to furnish such information by making such information available electronically (including by posting to a non-public, password-protected website maintained by the
Issuer or a third party) to any holder, bona fide prospective investor, market maker affiliated with any Initial Purchaser or bona fide securities analyst, in each case, who provides to the Issuer its email address, employer name and other
information reasonably requested by the Issuer. For purposes of this Section 4.02, any prospective investor or securities analyst shall be deemed “bona fide” if it certifies it is “bona fide.” 

(d) In the event that: 

(i) the rules and regulations of the SEC permit the Issuer and any direct or indirect parent of the Issuer to report at such
parent entity’s level on a consolidated basis and such parent entity is not engaged in any business in any material respect other than incidental to its ownership, directly or indirectly, of the capital stock of the Issuer, or 

(ii) any direct or indirect parent of the Issuer is or becomes a Guarantor of the Notes, 

consolidating reporting at the parent entity’s level in a manner consistent with that described in this Section 4.02 for the Issuer will satisfy
this Section 4.02, and the Issuer is permitted to satisfy its obligations in this Section 4.02 with respect to financial information relating to the Issuer by furnishing financial information relating to such direct or indirect parent;
provided that such financial information is accompanied by consolidating information that explains in reasonable detail the differences between the information relating to such direct or indirect parent and any of its Subsidiaries other than
the Issuer and its Subsidiaries, on the one hand, and the information relating to the Issuer, the Guarantors and the other Subsidiaries of the Issuer on a stand-alone basis, on the other hand. 

(e) Notwithstanding the foregoing, the Issuer will be deemed to have furnished the reports referred to in this Section 4.02 to the
Trustee and the holders if the Issuer has filed such reports with the SEC via EDGAR and such reports are publicly available, it being understood that the Trustee shall have no responsibility to determine if such information is publicly available.

  
 -45- 

 (f) Delivery of such reports, information and documents to the Trustee pursuant to this
Section 4.02 is for informational purposes only, and the Trustee’s receipt thereof shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the
Issuer’s compliance with any of its covenants under this Indenture (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 

SECTION 4.03 Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. 

(a) (i) The Issuer shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly, Incur any Indebtedness
(including Acquired Indebtedness) or issue any shares of Disqualified Stock; and (ii) the Issuer shall not permit any of the Restricted Subsidiaries to issue any shares of Preferred Stock; provided, however, that the Issuer and
any Restricted Subsidiary may Incur Indebtedness (including Acquired Indebtedness) or issue shares of Disqualified Stock, and any Restricted Subsidiary may issue shares of Preferred Stock, in each case if the Fixed Charge Coverage Ratio of the
Issuer for the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date on which such additional Indebtedness is Incurred or such Disqualified Stock or Preferred Stock is
issued would have been at least 2.00 to 1.00 determined on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been Incurred, or the Disqualified Stock or Preferred
Stock had been issued, as the case may be, and the application of proceeds therefrom had occurred at the beginning of such four-quarter period; provided that the then outstanding aggregate principal amount of Indebtedness (including Acquired
Indebtedness), Disqualified Stock and Preferred Stock that may be Incurred pursuant to this Section 4.03(a) and Section 4.03(b)(xvi), in each case by Restricted Subsidiaries that are not Guarantors shall not exceed $75.0 million. 

(b) The limitations set forth in Section 4.03(a) shall not apply to: 

(i) the Incurrence by the Issuer or any Restricted Subsidiary of Credit Facility Indebtedness (including under any Credit
Agreement and the issuance and creation of letters of credit and bankers’ acceptances thereunder) up to an aggregate principal amount outstanding at the time of Incurrence taken together with any amounts outstanding in a Permitted Receivables
Financing that does not exceed, in the aggregate, the greater of (x) $575.0 million and (y) the maximum amount such that the Consolidated Secured Debt Ratio is not greater than 3.75:1.00 (provided that for purposes of
determining the amount that may be Incurred under this Section 4.03(b)(i)(y), all Indebtedness incurred under this Section 4.03(b)(i)(y) shall be deemed to be included in clause (l) of the definition of “Consolidated Secured
Debt Ratio”) for the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date on which such Credit Facility Indebtedness is Incurred; 

(ii) the Incurrence by the Issuer and the Guarantors of Indebtedness represented by the Initial Notes and the Guarantees; 

(iii) Indebtedness existing on the Issue Date (other than Indebtedness described in clauses (i) and (ii) of this
Section 4.03(b)); 
 (iv) Indebtedness (including Financing Lease Obligations) Incurred by the Issuer or any Restricted
Subsidiary, Disqualified Stock issued by the Issuer or any Restricted Subsidiary and Preferred Stock issued by any Restricted Subsidiary to finance (whether prior to or within 270 days after) the acquisition, lease, construction, installation,
repair, replacement or improvement of property (real or personal) or equipment (whether through the direct purchase of assets or the Capital Stock of any Person owning such assets) and Attributable Debt in respect of any sale and leaseback
arrangements not in violation of this Indenture in an aggregate principal 

  
 -46- 

 
amount that, when aggregated with the principal amount or liquidation preference of all other Indebtedness, Disqualified Stock or Preferred Stock then outstanding and Incurred pursuant to this
clause (iv), together with any Refinancing Indebtedness in respect thereof Incurred pursuant to clause (xv) below, does not exceed the greater of $75.0 million and 7.5% of Total Assets at any one time outstanding (plus, in the case of
any Refinancing Indebtedness, the Additional Refinancing Amount); 
 (v) Indebtedness Incurred by the Issuer or any
Restricted Subsidiary constituting reimbursement obligations with respect to letters of credit and bank guarantees issued in the ordinary course of business, including without limitation letters of credit in respect of workers’ compensation
claims, health, disability or other benefits to employees or former employees or their families or property, casualty or liability insurance or self-insurance, and letters of credit in connection with the maintenance of, or pursuant to the
requirements of, environmental law or permits or licenses from governmental authorities, or other Indebtedness with respect to reimbursement type obligations regarding workers’ compensation claims; 

(vi) Indebtedness arising from agreements of the Issuer or any Restricted Subsidiary providing for indemnification, adjustment
of acquisition or purchase price or similar obligations (including earn-outs), in each case, Incurred or assumed in connection with any Investments or any acquisition or disposition of any business, assets or a Subsidiary not prohibited by this
Indenture, other than guarantees of Indebtedness Incurred by any Person acquiring all or any portion of such business, assets or Subsidiary for the purpose of financing such acquisition; 

(vii) Indebtedness of the Issuer to a Restricted Subsidiary; provided that (except in respect of intercompany current
liabilities incurred in the ordinary course of business in connection with the cash management, tax and accounting operations of the Issuer and its Subsidiaries) any such Indebtedness owed to a Restricted Subsidiary that is not a Guarantor is
subordinated in right of payment to the obligations of the Issuer under the Notes; provided, further, that any subsequent issuance or transfer of any Capital Stock or any other event which results in any such Restricted Subsidiary
ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such Indebtedness (except to the Issuer or another Restricted Subsidiary or any pledge of such Indebtedness constituting a Permitted Lien but not the transfer thereof upon
foreclosure) shall be deemed, in each case, to be an Incurrence of such Indebtedness not permitted by this clause (vii); 

(viii) shares of Preferred Stock of a Restricted Subsidiary issued to the Issuer or another Restricted Subsidiary; provided
that any subsequent issuance or transfer of any Capital Stock or any other event which results in any Restricted Subsidiary that holds such shares of Preferred Stock of another Restricted Subsidiary ceasing to be a Restricted Subsidiary or any
other subsequent transfer of any such shares of Preferred Stock (except to the Issuer or another Restricted Subsidiary) shall be deemed, in each case, to be an issuance of shares of Preferred Stock not permitted by this clause (viii); 

(ix) Indebtedness of a Restricted Subsidiary to the Issuer or another Restricted Subsidiary; provided that if a
Guarantor incurs such Indebtedness to a Restricted Subsidiary that is not a Guarantor (except in respect of intercompany current liabilities incurred in the ordinary course of business in connection with the cash management, tax and accounting
operations of the Issuer and its Subsidiaries), such Indebtedness is subordinated in right of payment to the Guarantee of such Guarantor; provided, further, that any subsequent issuance or transfer of any Capital Stock or any other
event which results in any Restricted Subsidiary holding such 

  
 -47- 

 
Indebtedness ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such Indebtedness (except to the Issuer or another Restricted Subsidiary or any pledge of such
Indebtedness constituting a Permitted Lien but not the transfer thereof upon foreclosure) shall be deemed, in each case, to be an Incurrence of such Indebtedness not permitted by this clause (ix); 

(x) the issuance of Preferred Stock (A) by a Foreign Subsidiary in lieu of the issuance of non-voting common stock if
(i) the laws of the jurisdiction of incorporation of such Subsidiary precludes the issuance of non-voting common stock and (ii) the preferential rights afforded to the holders of such Preferred Stock are limited to those customarily
provided for in such jurisdiction in respect of the issuance of non-voting stock, (B) by a Restricted Subsidiary which is a joint venture with a third party which is not an Affiliate of the Issuer or a Restricted Subsidiary and (C) by a
Restricted Subsidiary pursuant to obligations with respect to the issuance of Preferred Stock which exist at the time such Person becomes a Restricted Subsidiary and which were not created in connection with or in contemplation of such Person
becoming a Restricted Subsidiary; 
 (xi) obligations (including reimbursement obligations with respect to letters of credit,
bank guarantees, warehouse receipts and similar instruments) in respect of performance, indemnity, bid, appeal and surety bonds, completion guarantees and similar obligations provided by the Issuer or any Restricted Subsidiary in the ordinary course
of business or consistent with past practice or industry practice; 
 (xii) Indebtedness or Disqualified Stock of the Issuer
or Indebtedness, Disqualified Stock or Preferred Stock of any Restricted Subsidiary in an aggregate principal amount or liquidation preference at any time outstanding, which when aggregated with the principal amount or liquidation preference of all
other Indebtedness, Disqualified Stock and Preferred Stock then outstanding and Incurred pursuant to this clause (xii), together with any Refinancing Indebtedness in respect thereof Incurred pursuant to clause (xv) below, does not exceed the
greater of $50.0 million and 5.0% of Total Assets (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount) (it being understood that any Indebtedness Incurred pursuant to this clause (xii) shall cease to be
deemed Incurred or outstanding for purposes of this clause (xii) but shall be deemed Incurred for purposes of Section 4.03(a) from and after the first date on which the Issuer, or the Restricted Subsidiary, as the case may be, could have
Incurred such Indebtedness under Section 4.03(a) without reliance upon this clause (xii); 
 (xiii) Indebtedness or
Disqualified Stock of the Issuer or any Restricted Subsidiary and Preferred Stock of any Restricted Subsidiary in an aggregate principal amount or liquidation preference at any time outstanding, together with Refinancing Indebtedness in respect
thereof Incurred pursuant to clause (xv) hereof, not greater than 100.0% of the net cash proceeds received by the Issuer since immediately after the Issue Date from the issue or sale of Equity Interests of the Issuer or any direct or indirect
parent entity of the Issuer (which proceeds are contributed to the Issuer) or cash contributed to the capital of the Issuer (in each case other than proceeds of Disqualified Stock or sales of Equity Interests to, or contributions received from the
Issuer or any of its Subsidiaries) to the extent such net cash proceeds or cash have not been applied to make Restricted Payments or to make other Investments, payments or exchanges pursuant to Section 4.04(b) or to make Permitted Investments
(other than Permitted Investments specified in clauses (1) and (3) of the definition thereof) (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount) (it being understood that any Indebtedness Incurred
pursuant to this clause (xiii) shall cease to be deemed Incurred or outstanding for purposes of this clause (xiii) but shall be deemed Incurred for the purposes of Section 4.03(a) from and after the first date on which the Issuer, or
the Restricted Subsidiary, as the case may be, could have Incurred such Indebtedness under Section 4.03(a) without reliance upon this clause (xiii)); 

  
 -48- 

 (xiv) any guarantee by the Issuer or any Restricted Subsidiary of Indebtedness or
other obligations of the Issuer or any Restricted Subsidiary so long as the Incurrence of such Indebtedness Incurred by the Issuer or such Restricted Subsidiary is permitted under the terms of this Indenture; provided that (A) if such
Indebtedness is by its express terms subordinated in right of payment to the Notes or the Guarantee of the Issuer or such Restricted Subsidiary, as applicable, any such guarantee with respect to such Indebtedness shall be subordinated in right of
payment to the Notes or such Guarantee, as applicable, substantially to the same extent as such Indebtedness is subordinated to the Notes or the Guarantee, as applicable, and (B) if such guarantee is of Indebtedness of the Issuer, such
guarantee is Incurred in accordance with, or not in contravention of, Section 4.11 solely to the extent Section 4.11 is applicable; 

(xv) the Incurrence by the Issuer or any Restricted Subsidiary of Indebtedness, the issuance by the Issuer of Disqualified
Stock or the issuance by any Restricted Subsidiary of Preferred Stock, that serves to refund, refinance, extend, renew, repay, prepay, purchase, redeem, defease or otherwise retire any Indebtedness Incurred or Disqualified Stock or Preferred Stock
issued as permitted under Section 4.03(a) and clauses (ii), (iii), (iv), (xii), (xiii), (xv), (xvi) and (xxvi) of this Section 4.03(b) up to the outstanding principal amount (or, if applicable, the liquidation preference, face
amount, or the like) or, if greater, committed amount (only to the extent the committed amount could have been Incurred on the date of initial Incurrence and was deemed Incurred at such time for the purposes of this Section 4.03) of such
Indebtedness or Disqualified Stock or Preferred Stock, in each case at the time such Indebtedness was Incurred or Disqualified Stock or Preferred Stock was issued pursuant to Section 4.03(a) or clauses (ii), (iii), (iv), (xii), (xiii), (xv),
(xvi) and (xxvi) of this Section 4.03(b), or any Indebtedness, Disqualified Stock or Preferred Stock Incurred to so refund, refinance, extend, renew, repay, prepay, purchase, redeem, defease or otherwise retire such Indebtedness,
Disqualified Stock or Preferred Stock, plus any additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay premiums (including tender premiums), accrued and unpaid interest, expenses, defeasance costs and fees in
connection therewith (subject to the following proviso, “Refinancing Indebtedness”) prior to its respective maturity; provided, however, that such Refinancing Indebtedness: 

(1) except for Indebtedness Incurred pursuant Section 4.03(b)(i) or (iv) or Secured Indebtedness, has a Weighted
Average Life to Maturity at the time such Refinancing Indebtedness is Incurred which is not less than the remaining Weighted Average Life to Maturity of the Indebtedness, Disqualified Stock or Preferred Stock being refunded, refinanced or defeased
or requires no or nominal cash payments prior to the date that is 91 days after Maturity Date; 
 (2) to the extent such
Refinancing Indebtedness refinances (a) Indebtedness junior to the Notes or a Guarantee, as applicable, such Refinancing Indebtedness is junior to the Notes or the Guarantee, as applicable, or (b) Disqualified Stock or Preferred Stock,
such Refinancing Indebtedness is Disqualified Stock or Preferred Stock; and 
 (3) shall not include (x) Indebtedness of
a Restricted Subsidiary that is not a Guarantor that refinances Indebtedness of the Issuer or a Guarantor, or (y) Indebtedness of the Issuer or a Restricted Subsidiary that refinances Indebtedness of an Unrestricted Subsidiary; 

  
 -49- 

 (xvi) Indebtedness, Disqualified Stock or Preferred Stock of (A) the Issuer
or any Restricted Subsidiary Incurred to finance an acquisition or (B) Persons that are acquired by the Issuer or any Restricted Subsidiary or are merged, consolidated or amalgamated with or into the Issuer or any Restricted Subsidiary in
accordance with the terms of this Indenture (so long as such Indebtedness is not incurred in contemplation of such acquisition, merger, consolidation or amalgamation); provided that after giving effect to such acquisition or merger,
consolidation or amalgamation, either: 
 (1) the Issuer would be permitted to incur at least $1.00 of additional
Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.03(a); or 
 (2) the Fixed Charge
Coverage Ratio of the Issuer would be no less than immediately prior to such acquisition or merger, consolidation or amalgamation; 
 provided that
the then outstanding aggregate principal amount of Indebtedness (including Acquired Indebtedness), Disqualified Stock and Preferred Stock that may be Incurred pursuant to this Section 4.03(b)(xvi) and Section 4.03(a), in each case by
Restricted Subsidiaries that are not Guarantors shall not exceed $75.0 million. 
 (xvii) contingent obligations to
financial institutions, in each case to the extent Incurred in the ordinary course of business and on terms and conditions which are within the general parameters customary in the banking industry (as determined in good faith by the Issuer), entered
into to obtain cash management services or deposit account overdraft protection services (in an amount similar to those offered for comparable services in the financial industry) or other services in connection with the management or opening of
deposit accounts or Incurred as a result of endorsement of negotiable instruments for deposit or collection purposes and other customary contingent obligations of the Issuer and its Restricted Subsidiaries Incurred in the ordinary course of
business; 
 (xviii) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or
similar instrument drawn against insufficient funds in the ordinary course of business; provided that such Indebtedness is extinguished within ten (10) Business Days of its Incurrence; 

(xix) Indebtedness of the Issuer or any Restricted Subsidiary supported by a letter of credit or bank guarantee issued pursuant
to Credit Facility Indebtedness, in a principal amount not in excess of the stated amount of such letter of credit; 
 (xx)
Indebtedness of Foreign Subsidiaries in an aggregate amount not to exceed the greater of (x) $130.0 million and (y) the amount equal to the sum of (i) 80% of the total consolidated book value of the accounts receivable of the
Foreign Subsidiaries and (ii) 60% of the consolidated book value of the inventories of the Foreign Subsidiaries; 

(xxi) Indebtedness of the Issuer or any Restricted Subsidiary consisting of (A) the financing of insurance premiums or
(B) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course of business; 

(xxii) Indebtedness consisting of Indebtedness of the Issuer or a Restricted Subsidiary to current or former officers,
directors and employees thereof or any direct or indirect parent thereof, their respective estates, spouses or former spouses, in each case to finance the purchase or redemption of Equity Interests of the Issuer or any direct or indirect parent of
the Issuer to the extent described in Section 4.04(b)(iv); 

  
 -50- 

 (xxiii) Indebtedness in respect of Obligations of the Issuer or any Restricted
Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection with such goods and services; provided that such obligations are Incurred in connection with open accounts extended by suppliers on
customary trade terms in the ordinary course of business and not in connection with the borrowing of money or any Hedging Obligations; 

(xxiv) to the extent constituting Indebtedness, obligations of the Issuer and the Restricted Subsidiaries arising under
agreements for the provision of cash management services and cash pooling arrangements entered into in the ordinary course of business; 

(xxv) Indebtedness to the extent that the net proceeds thereof are promptly deposited to defease or to satisfy and discharge
the Notes and this Indenture; 
 (xxvi) (a) financings in respect of sales of accounts receivable by a Foreign Subsidiary
permitted by clause (s)(ii) of the definition of “Asset Sale” and (b) any Specified Vendor Receivables Financing; and 

(xxvii) Indebtedness arising as a result of an Acquisition Lease Financing. 

(c) For purposes of determining compliance with this Section 4.03, in the event that an item of Indebtedness, Disqualified Stock or
Preferred Stock (or any portion thereof) meets the criteria of more than one of the categories of permitted Indebtedness described in clauses (i) through (xxvii) of Section 4.03(b) above or is entitled to be Incurred pursuant to
Section 4.03(a), then the Issuer may, in its sole discretion, classify or reclassify, and later divide, classify or reclassify (as if Incurred at such later time), such item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion
thereof) in any manner that complies with this Section 4.03; provided that Indebtedness outstanding under the Credit Agreement on the Issue Date shall be deemed Incurred under clause (i) of Section 4.03(b) above. 

Accrual of interest, the accretion of accreted value, the payment of interest or dividends in the form of additional Indebtedness,
Disqualified Stock or Preferred Stock, as applicable, amortization of original issue discount, the accretion of liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of
currencies will not be deemed to be an Incurrence of Indebtedness, Disqualified Stock or Preferred Stock for purposes of this Section 4.03. Guarantees of, or obligations in respect of letters of credit relating to, Indebtedness which is
otherwise included in the determination of a particular amount of Indebtedness shall not be included in the determination of such amount of Indebtedness; provided that the Incurrence of the Indebtedness represented by such guarantee or letter
of credit, as the case may be, was in compliance with this Section 4.03. 
 For purposes of determining compliance with any U.S.
dollar-denominated restriction on the Incurrence of Indebtedness, the U.S. dollar-equivalent principal amount of Indebtedness denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date
such Indebtedness was Incurred, in the case of term debt, or first committed or first Incurred (whichever yields the lower U.S. dollar equivalent), in the case of revolving credit debt. However, if the Indebtedness is Incurred to refinance other
Indebtedness denominated in a foreign currency, and the refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of the refinancing, the U.S.
dollar-denominated restriction will be deemed not to have been exceeded so long as the principal amount of the refinancing Indebtedness does not exceed the principal amount of the Indebtedness being refinanced. 

  
 -51- 

 Notwithstanding any other provision of this Section 4.03, the maximum amount of Indebtedness
that the Issuer and the Restricted Subsidiaries may Incur pursuant to this Section 4.03 shall not be deemed to be exceeded, with respect to any outstanding Indebtedness, solely as a result of fluctuations in the exchange rate of currencies. The
principal amount of any Indebtedness Incurred to refinance other Indebtedness, if Incurred in a different currency from the Indebtedness being refinanced, will be calculated based on the currency exchange rate applicable to the currencies in which
the respective Indebtedness is denominated that is in effect on the date of the refinancing. 
 SECTION 4.04 Limitation on Restricted
Payments. 
 (a) The Issuer shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly: 

(i) declare or pay any dividend or make any distribution on account of any of the Issuer’s or any of the Restricted
Subsidiaries’ Equity Interests, including any payment made in connection with any merger, amalgamation or consolidation involving the Issuer (other than (A) dividends or distributions payable solely in Equity Interests (other than
Disqualified Stock) of the Issuer and (B) dividends or distributions by a Restricted Subsidiary so long as, in the case of any dividend or distribution payable on or in respect of any class or series of securities issued by a Restricted
Subsidiary that is not a Wholly Owned Restricted Subsidiary, the Issuer or a Restricted Subsidiary receives at least its pro rata share of such dividend or distribution in accordance with its Equity Interests in such class or series of securities);

 (ii) purchase or otherwise acquire or retire for value any Equity Interests of the Issuer or any direct or indirect parent
of the Issuer held by Persons other than the Issuer or a Restricted Subsidiary; 
 (iii) make any principal payment on, or
redeem, repurchase, defease or otherwise acquire or retire for value, in each case prior to any scheduled repayment or scheduled maturity, any Subordinated Indebtedness of the Issuer or any Guarantor (other than the payment, redemption, repurchase,
defeasance, acquisition or retirement of (A) Subordinated Indebtedness in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of such payment, redemption,
repurchase, defeasance, acquisition or retirement and (B) Indebtedness permitted under clauses (vii) and (ix) of Section 4.03(b)); or 

(iv) make any Restricted Investment 

(all such payments and other actions set forth in clauses (i) through (iv) above being collectively referred to as “Restricted
Payments”), unless, at the time of such Restricted Payment: 
 (1) no Default shall have occurred and be continuing
or would occur as a consequence thereof; 
 (2) immediately after giving effect to such transaction on a pro forma
basis, the Issuer could Incur $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test under Section 4.03(a); and 

  
 -52- 

 (3) such Restricted Payment, together with the aggregate amount of all other
Restricted Payments made by the Issuer and the Restricted Subsidiaries after the Issue Date (including Restricted Payments permitted by clauses (i), (vi)(C) and (viii) (to the extent provided therein) of Section 4.04(b), but excluding all
other Restricted Payments permitted by Section 4.04(b)), is less than the amount equal to the Cumulative Credit. 
 (b) The provisions
of Section 4.04(a) shall not prohibit: 
 (i) the payment of any dividend or distribution or the consummation of any
irrevocable redemption within 60 days after the date of declaration thereof or the giving of irrevocable notice, as applicable, if at the date of declaration or the giving notice of such irrevocable redemption, as applicable, such payment would have
complied with the provisions of this Indenture (assuming, in the case of a redemption payment, the giving of the notice of such redemption payment would have been deemed a Restricted Payment at such time); 

(ii) (A) the redemption, repurchase, retirement or other acquisition of any Equity Interests (“Retired Capital
Stock”) of the Issuer, any direct or indirect parent of the Issuer or any Guarantor or Subordinated Indebtedness, in each case in exchange for, or out of the proceeds of, the substantially concurrent sale of, Equity Interests of the Issuer
or any direct or indirect parent of the Issuer or contributions to the equity capital of the Issuer (other than any Disqualified Stock or any Equity Interests sold to the Issuer or a Subsidiary of the Issuer) (collectively, including any such
contributions, “Refunding Capital Stock”); (B) the declaration and payment of dividends on the Retired Capital Stock out of the proceeds of the substantially concurrent sale (other than to a Subsidiary of the Issuer) of
Refunding Capital Stock; and (C) if immediately prior to the retirement of Retired Capital Stock, the declaration and payment of dividends thereon was permitted under clause (vi) of this Section 4.04(b) and not made pursuant to clause
(ii)(B), the declaration and payment of dividends on the Refunding Capital Stock (other than Refunding Capital Stock the proceeds of which were used to redeem, repurchase, retire or otherwise acquire any Equity Interests of any direct or indirect
parent of the Issuer) in an aggregate amount per year no greater than the aggregate amount of dividends per annum that were declarable and payable on such Retired Capital Stock immediately prior to such retirement; 

(iii) the payment, prepayment, refinancing, redemption, repurchase, defeasance, or other acquisition or retirement of
Subordinated Indebtedness of the Issuer or any Guarantor made by exchange for, or out of the proceeds of the substantially concurrent sale of, new Indebtedness of the Issuer or a Guarantor, which is Incurred in accordance with Section 4.03 so
long as: 
 (A) the principal amount (or accreted value, if applicable) of such new Indebtedness does not exceed the
principal amount (or accreted value, if applicable), plus any accrued and unpaid interest, if any, of the Subordinated Indebtedness being so paid, prepaid, refinanced, redeemed, repurchased, defeased, acquired or retired for value
(plus the amount of any premium required to be paid under the terms of the instrument governing the Subordinated Indebtedness being so paid, prepaid, refinanced, redeemed, repurchased, defeased, acquired or retired for value, plus any
tender premiums, plus any defeasance costs, fees and expenses incurred in connection therewith), 
 (B) such
Indebtedness is subordinated to the Notes or the related Guarantee of such Guarantor, as the case may be, at least to the same extent as such Subordinated Indebtedness so paid, prepaid, refinanced, redeemed, repurchased, defeased, acquired or
retired for value, 

  
 -53- 

 (C) such Indebtedness has a final scheduled maturity date equal to or later than
the earlier of (x) the final scheduled maturity date of the Subordinated Indebtedness being so paid, prepaid, refinanced, redeemed, repurchased, defeased, acquired or retired for value and (y) 91 days following the Maturity Date, and 

(D) such Indebtedness has a Weighted Average Life to Maturity at the time Incurred which is not less than the remaining
Weighted Average Life to Maturity of the Subordinated Indebtedness being so paid, prepaid, refinanced, redeemed, repurchased, defeased, acquired or retired for value (or requires no or nominal payments in cash prior to the date that is 91 days
following the Maturity Date); 
 (iv) a Restricted Payment to pay for the repurchase, retirement or other acquisition for
value of Equity Interests of the Issuer or any direct or indirect parent of the Issuer held by any future, present or former employee, director, officer or consultant of the Issuer or any Subsidiary of the Issuer or any direct or indirect parent of
the Issuer pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or other agreement or arrangement; provided, however, that the aggregate Restricted Payments made under this clause
(iv) do not exceed $10.0 million in any calendar year, with unused amounts in any calendar year being permitted to be carried over to the next succeeding calendar year (but not to any subsequent calendar year); provided, further,
however, that such amount in any calendar year may be increased by an amount not to exceed: 
 (A) the cash proceeds
received by the Issuer or any of the Restricted Subsidiaries from the sale of Equity Interests (other than Disqualified Stock) of the Issuer or any direct or indirect parent of the Issuer (to the extent contributed to the Issuer) to employees,
directors, officers or consultants of the Issuer and the Restricted Subsidiaries or any direct or indirect parent of the Issuer that occurs after the Issue Date (provided that the amount of such cash proceeds utilized for any such repurchase,
retirement, other acquisition or dividend will not increase the amount available for Restricted Payments under Section 4.04(a)(iii)), plus 

(B) the cash proceeds of key man life insurance policies received by the Issuer or any direct or indirect parent of the Issuer
(to the extent contributed to the Issuer) or the Restricted Subsidiaries after the Issue Date; 
 provided that the Issuer may elect
to apply all or any portion of the aggregate increase contemplated by clauses (A) and (B) above in any calendar year; and provided, further, that cancellation of Indebtedness owing to the Issuer or any Restricted Subsidiary
from any present or former employees, directors, officers or consultants of the Issuer, any Restricted Subsidiary or any direct or indirect parent of the Issuer in connection with a repurchase of Equity Interests of the Issuer or any of its direct
or indirect parents will not be deemed to constitute a Restricted Payment for purposes of this Section 4.04 or any other provision of this Indenture; 

(v) the declaration and payment of dividends or distributions to holders of any class or series of Disqualified Stock of the
Issuer or any Restricted Subsidiary issued or incurred in accordance with Section 4.03; 
 (vi) (A) the declaration
and payment of dividends or distributions to holders of any class or series of Designated Preferred Stock (other than Disqualified Stock) issued after the Issue Date; (B) a Restricted Payment to any direct or indirect parent of the Issuer, the
proceeds of which will be used to fund the payment of dividends to holders of any class or series of 

  
 -54- 

 
Designated Preferred Stock (other than Disqualified Stock) of any direct or indirect parent of the Issuer issued after the Issue Date; provided that the aggregate amount of dividends
declared and paid pursuant to this clause (B) does not exceed the net cash proceeds actually received by the Issuer from any such sale of Designated Preferred Stock (other than Disqualified Stock) issued after the Issue Date; and (C) the
declaration and payment of dividends on Refunding Capital Stock that is Preferred Stock in excess of the dividends declarable and payable thereon pursuant to Section 4.04(b)(ii); provided, however, in the case of each of clauses
(A) and (C) of this clause (vi), that for the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date of issuance of such Designated Preferred Stock, after giving
effect to such issuance (and the payment of dividends or distributions and treating such Designated Preferred Stock as Indebtedness for borrowed money for such purpose) on a pro forma basis (including a pro forma application of the net
proceeds therefrom), the Issuer would have had a Fixed Charge Coverage Ratio of at least 2.00 to 1.00; 
 (vii) Investments
in Unrestricted Subsidiaries having an aggregate Fair Market Value (as determined in good faith by the Issuer), taken together with all other Investments made pursuant to this clause (vii) that are at that time outstanding, not to exceed $75.0
million; provided, however, that if any Investment pursuant to this clause (vii) is made in any Person that is not the Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes the
Issuer or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) of the definition of “Permitted Investments” and shall cease to have been made pursuant to this
clause (vii) for so long as such Person continues to be the Issuer or a Restricted Subsidiary; 
 (viii) (A) the
purchase, redemption, defeasance or other acquisition or retirement for value of, the Issuer’s common stock (or a Restricted Payment to any direct or indirect parent of the Issuer to fund the payment by such direct or indirect parent of the
Issuer such company’s purchase, redemption, defeasance or other acquisition or retirement for value of such company’s common stock) in an amount not to exceed $75.0 million and (B) the declaration and payment of dividends on the
Issuer’s common stock in an amount not to exceed, per annum, the greater of (x) $20.0 million and (y) 2.0% of Market Capitalization; 

(ix) Restricted Payments that are made with (or in an aggregate amount that does not exceed the aggregate amount of) Excluded
Contributions; 
 (x) other Restricted Payments in an aggregate amount, when taken together with all other Restricted
Payments made pursuant to this clause (x) that are at that time outstanding, not to exceed $75.0 million; 
 (xi) the
distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to the Issuer or a Restricted Subsidiary by, Unrestricted Subsidiaries; 

(xii) any Restricted Payments, so long as, after giving pro forma effect to the payment of any such Restricted Payment and the
Incurrence of any Indebtedness used to make such Restricted Payment, the Consolidated Leverage Ratio shall be no greater than 3.00 to 1.00; 

(xiii) payments made or expected to be made by the Issuer or any Restricted Subsidiary in respect of withholding or similar
taxes payable upon exercise of Equity Interests by any future, present or former employee, director, officer, member of management or consultant of the Issuer or any Restricted Subsidiary or any direct or indirect parent company of the Issuer and
repurchases of Equity Interests deemed to occur upon exercise of stock options, warrants or other convertible securities if such Equity Interests represent a portion of the exercise price of such options, warrants or other convertible securities

  
 -55- 

 (xiv) the payment or distribution of Receivables Fees; 

(xv) Restricted Payments by the Issuer or any Restricted Subsidiary to allow the payment of cash in lieu of the issuance of
fractional shares upon the exercise of options or warrants or upon the conversion or exchange of Capital Stock of any such Person; 

(xvi) the repurchase, redemption or other acquisition or retirement for value of any Subordinated Indebtedness pursuant to
provisions similar to those described in Section 4.06 and Section 4.08; provided that all Notes tendered by holders of the Notes in connection with a Change of Control Offer or Asset Sale Offer, as applicable, have been repurchased,
redeemed or acquired for value; 
 (xvii) payments or distributions to dissenting stockholders pursuant to applicable law,
pursuant to or in connection with a consolidation, amalgamation, merger or transfer of all or substantially all of the assets of the Issuer and the Restricted Subsidiaries, taken as a whole, that complies with Section 5.01; provided that
as a result of such consolidation, amalgamation, merger or transfer of assets, the Issuer shall have made a Change of Control Offer (if required by Section 4.08) and that all notes tendered by holders in connection with such Change of Control
Offer have been repurchased, redeemed or acquired for value; and 
 (xviii) Investments in joint ventures having an aggregate
Fair Market Value (as determined in good faith by the Issuer), taken together with all other Investments made pursuant to this clause (xviii) that are at that time outstanding, not to exceed $75.0 million; provided, however, that
if any Investment pursuant to this clause (xviii) is made in any Person that is not the Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes the Issuer or a Restricted Subsidiary after such
date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) of the definition of “Permitted Investments” and shall cease to have been made pursuant to this clause (xviii) for so long as such Person
continues to be the Issuer or a Restricted Subsidiary; 
 provided, however, that at the time of, and after giving effect to, any Restricted
Payment permitted under clauses (vii), (viii), (x), (xii) and (xviii) of this Section 4.04(b), no Default shall have occurred and be continuing or would occur as a consequence thereof; provided, further, that any
Restricted Payments made with property other than cash shall be calculated using the Fair Market Value (as determined in good faith by the Issuer) of such property. 

For purposes of determining compliance with this Section 4.04, (a) in the event that a proposed Restricted Payment or any Restricted
Investment (or any portion thereof) meets the criteria of more than one of the categories of Restricted Payments described in clauses (i) through (xviii) above or is entitled to be made pursuant to Section 4.04(a), or in the event
that any Permitted Investment meets the criteria of more than one of the clauses of such term, then the Issuer may, in its sole discretion, classify or reclassify, or later divide, classify or reclassify (as if made at such later time), such
Restricted Payment or any Investment (or any portion thereof) in any manner that complies with this Section 4.04 or the definition of “Permitted Investments.” 

(c) As of the Issue Date, all of the Subsidiaries of the Issuer will be Restricted Subsidiaries. The Issuer will not permit any Unrestricted
Subsidiary to become a Restricted Subsidiary except pursuant to the definition of “Unrestricted Subsidiary.” For purposes of designating any Restricted Subsidiary as 

  
 -56- 

 
an Unrestricted Subsidiary, all outstanding Investments by the Issuer and the Restricted Subsidiaries (except to the extent repaid) in the Subsidiary so designated will be deemed to be Restricted
Payments in an amount determined as set forth in the last sentence of the definition of “Investments.” Such designation will only be permitted if a Restricted Payment or Permitted Investment in such amount would be permitted at such time
and if such Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. 
 SECTION 4.05 Dividend and Other Payment
Restrictions Affecting Restricted Subsidiaries. The Issuer shall not, and shall not permit any Restricted Subsidiary that is not a Guarantor to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any
consensual encumbrance or consensual restriction on the ability of the Issuer or any such Restricted Subsidiary to: 
 (a)
pay dividends or make any other distributions to the Issuer or any Restricted Subsidiary that is a Guarantor (1) on its Capital Stock; or (2) with respect to any other interest or participation in, or measured by, its profits; 

(b) make loans or advances to the Issuer or any Restricted Subsidiary that is a direct or indirect parent of such Restricted
Subsidiary; or 
 (c) sell, leave or transfer any of its properties or assets to the Issuer or a Guarantor; 

except in each case for such encumbrances or restrictions existing under or by reason of: 

(1) (i) contractual encumbrances or restrictions in effect on the Issue Date and (ii) contractual encumbrances or
restrictions pursuant to the Credit Agreement and the other Credit Agreement Documents and, in each case, any similar contractual encumbrances effected by any amendments, modifications, restatements, renewals, supplements, refundings, replacements
or refinancings of such agreements or instruments; 
 (2) this Indenture, the Notes or the Guarantees; 

(3) applicable law or any applicable rule, regulation or order; 

(4) any agreement or other instrument of a Person acquired by the Issuer or any Restricted Subsidiary which was in existence at
the time of such acquisition (but not created in contemplation thereof or to provide all or any portion of the funds or credit support utilized to consummate such acquisition), which encumbrance or restriction is not applicable to any Person, or the
properties or assets of any Person, other than the Person and its Subsidiaries, or the property or assets of the Person and its Subsidiaries, so acquired; 

(5) contracts or agreements for the sale of assets, including any restriction with respect to a Restricted Subsidiary imposed
pursuant to an agreement entered into for the sale or disposition of all or substantially all of the Capital Stock or assets of such Restricted Subsidiary; 

(6) Secured Indebtedness otherwise permitted to be Incurred pursuant to Section 4.03 and Section 4.12 that limit the
right of the debtor to dispose of the assets securing such Indebtedness; 

  
 -57- 

 (7) restrictions on cash or other deposits or net worth imposed by customers
under contracts entered into in the ordinary course of business; 
 (8) customary provisions in joint venture agreements,
partnership agreements, limited liability company agreements and similar agreements required in connection with the entering into of such transaction; 

(9) purchase money obligations for property acquired in the ordinary course of business and Financing Lease Obligations
otherwise not prohibited under this Indenture; 
 (10) customary provisions contained in leases, licenses (including with
respect to intellectual property) and other similar agreements entered into in the ordinary course of business; 
 (11) any
Permitted Receivables Document or any Specified Vendor Receivables Financing Document, which encumbrance or restriction is, in the good faith judgment of the Issuer, customary for the market in which such Indebtedness is issued; 

(12) any instrument governing any Indebtedness or Capital Stock of any Unrestricted Subsidiary as in effect on the date, if
any, that such Unrestricted Subsidiary is redesignated as a Restricted Subsidiary, which encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person, other than such redesignated Restricted Subsidiary and
its Subsidiaries and the respective properties and assets of such redesignated Restricted Subsidiary and its Subsidiaries; 

(13) any encumbrance or restriction that restricts in a customary manner the subletting, assignment or transfer of any property
or asset that is subject to a lease, license or similar contract, or the assignment or transfer of any such lease, license (including without limitations, licenses of intellectual property) or other contracts; 

(14) other Indebtedness, Disqualified Stock or Preferred Stock so long as such encumbrances and restrictions contained in any
agreement or instrument will not materially affect the Issuer’s ability to make anticipated principal or interest payments on the notes (as determined in good faith by the Issuer); provided that, such Indebtedness, Disqualified Stock or
Preferred Stock is permitted to be Incurred subsequent to the Issue Date by Section 4.03; 
 (15) any Restricted
Investment not prohibited by Section 4.04 and any Permitted Investment; or 
 (16) any encumbrances or restrictions of
the type referred to in Section 4.05(a), (b) or (c) above imposed by any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations
referred to in clauses (1) through (15) above; provided that such amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the Issuer, not
materially more restrictive, taken as a whole, with respect to such dividend and other payment restrictions than those contained in the dividend or other payment restrictions prior to such amendment, modification, restatement, renewal, increase,
supplement, refunding, replacement or refinancing. 

  
 -58- 

 For purposes of determining compliance with this Section 4.05, (i) the priority of any
Preferred Stock in receiving dividends or liquidating distributions prior to dividends or liquidating distributions being paid on common stock shall not be deemed a restriction on the ability to make distributions on Capital Stock and (ii) the
subordination of loans or advances made to the Issuer or a Restricted Subsidiary to other Indebtedness Incurred by the Issuer or any such Restricted Subsidiary shall not be deemed a restriction on the ability to make loans or advances. 

SECTION 4.06 Asset Sales. 

(a) The Issuer shall not, and shall not permit any of the Restricted Subsidiaries to, cause or make an Asset Sale, unless (x) the Issuer
or any Restricted Subsidiary, as the case may be, receives consideration at the time of such Asset Sale at least equal to the Fair Market Value (as determined in good faith by the Issuer at the time of contractually agreeing to such Asset Sale) of
the assets sold or otherwise disposed of, and (y) at least 75% of the consideration therefor, together with all other Asset Sales since the Issue Date (on a cumulative basis) received by the Issuer or such Restricted Subsidiary, as the case may
be, is in the form of cash or Cash Equivalents; provided that the amount of: 
 (i) any liabilities (as shown on the
Issuer’s or a Restricted Subsidiary’s most recent balance sheet or in the notes thereto) of the Issuer or a Restricted Subsidiary (other than liabilities that are by their terms subordinated to the Notes or any Guarantee) that are assumed
by the transferee of any such assets or that are otherwise cancelled or terminated in connection with the transaction with such transferee, 

(ii) any notes or other obligations or other securities or assets received by the Issuer or such Restricted Subsidiary from
such transferee that are converted by the Issuer or such Restricted Subsidiary into cash within 180 days of the receipt thereof (to the extent of the cash received), 

(iii) Indebtedness of any Restricted Subsidiary that is no longer a Restricted Subsidiary as a result of such Asset Sale, to
the extent that the Issuer and each other Restricted Subsidiary are released from any guarantee of payment of such Indebtedness in connection with the Asset Sale, 

(iv) consideration consisting of Indebtedness of the Issuer (other than Subordinated Indebtedness) received after the Issue
Date from Persons who are not the Issuer or any Restricted Subsidiary, and 
 (v) any Designated Non-cash Consideration
received by the Issuer or any Restricted Subsidiary in such Asset Sale having an aggregate Fair Market Value (as determined in good faith by the Issuer), taken together with all other Designated Non-cash Consideration received pursuant to this
Section 4.06(a)(v) that is at that time outstanding, not to exceed the greater of (x) $25.0 million and (y) 2.5% of Total Assets (with the Fair Market Value of each item of Designated Non-cash Consideration being measured at the time
received and without giving effect to subsequent changes in value), 
 shall be deemed to be Cash Equivalents for the purposes of this
Section 4.06(a). The 75% limitation referred to in Section 4.06(a)(v)(y) above will not apply to any Asset Sale in which the cash or Cash Equivalents portion of the consideration received therefrom, determined in accordance with
Section 4.05(a)(i) through (v) is equal to or greater than what the after-tax proceeds would have been had such Asset Sale complied with the aforementioned 75% limitation. 

  
 -59- 

 (b) Within 450 days after the Issuer’s or any Restricted Subsidiary’s receipt of the
Net Proceeds of any Asset Sale, the Issuer or such Restricted Subsidiary may apply the Net Proceeds from such Asset Sale, at its option: 

(i) to repay, prepay, purchase, redeem, acquire or otherwise reduce (A) Indebtedness constituting Credit Facility
Indebtedness and other Pari Passu Indebtedness in each case that is secured by a Lien permitted under this Indenture (and, if the Indebtedness repaid is revolving credit Indebtedness, to correspondingly reduce commitments with respect thereto),
(B) Indebtedness of a Restricted Subsidiary that is not a Guarantor, (C) Notes Obligations (provided that such purchases are at or above 100% of the principal amount thereof), (D) receivables advances (and to correspondingly
reduce commitments with respect thereto) or (E) other Pari Passu Indebtedness (provided that if the Issuer or any Guarantor shall so reduce the Obligations under unsecured Pari Passu Indebtedness under this clause (E), the Issuer will
equally and ratably reduce Notes Obligations pursuant to Section 3.01, through open-market purchases (provided that such purchases are at or above 100% of the principal amount thereof or, in the event that the Notes were issued with
significant original issue discount, 100% of the accreted value thereof) or by making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all holders to purchase at a purchase price equal to 100% of the principal
amount thereof (or, in the event that the Notes were issued with significant original issue discount, 100% of the accreted value thereof), plus accrued and unpaid interest, if any, on the pro rata principal amount of Notes being repurchased),
in each case other than Indebtedness owed to the Issuer or an Affiliate of the Issuer; or 
 (ii) to invest in Replacement
Assets or to reimburse the cost of any investment in Replacement Assets incurred on or after the date on which the Asset Sale giving rise to such Net Proceeds was contractually committed. 

In the case of Section 4.06(b)(ii), a binding commitment entered into not later than such 450th day shall be treated as a permitted
application of the Net Proceeds from the date of such commitment so long as the Issuer or such Restricted Subsidiary enters into such commitment with the good faith expectation that such Net Proceeds will be applied to satisfy such commitment within
180 days of such commitment; provided that in the event such binding commitment is later canceled or terminated for any reason before such Net Proceeds are so applied, then such Net Proceeds shall constitute Excess Proceeds. 

Pending the final application of any such Net Proceeds, the Issuer or such Restricted Subsidiary may temporarily reduce Credit Agreement
Indebtedness or Indebtedness under a Permitted Receivables Financing or a Specified Vendor Receivables Financing, if any, or otherwise invest such Net Proceeds in any manner not prohibited by this Indenture. Any Net Proceeds from any Asset Sale that
are not applied as provided and within the time period set forth in the first sentence of this Section 4.06(b) (it being understood that any portion of such Net Proceeds used to make an offer to purchase Notes, as described in clause
(i) of this Section 4.06(b), shall be deemed to have been invested whether or not such offer is accepted) will be deemed to constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds exceeds $40.0 million,
the Issuer shall make an offer to all holders of Notes (and, at the option of the Issuer, to holders of any other Pari Passu Indebtedness) (an “Asset Sale Offer”) to purchase the maximum principal amount of Notes (and, if
applicable, such other Pari Passu Indebtedness), that is at least $2,000 and an integral multiple of $1,000 in excess thereof that may be purchased out of the Excess Proceeds at an offer price in cash in an amount equal to 100% of the principal
amount thereof (or, in the event the Notes or other Pari Passu Indebtedness were issued with significant original issue discount, 100% of the accreted value thereof), plus accrued and unpaid interest, if any, (or, in respect of such other
Pari Passu Indebtedness, such lesser price, if any, as may be provided for by the terms of such other Pari 

  
 -60- 

 
Passu Indebtedness), to, but excluding, the date fixed for the closing of such offer, in accordance with the procedures set forth in this Indenture. The Issuer will commence an Asset Sale Offer
with respect to Excess Proceeds within twenty (20) Business Days after the date that Excess Proceeds exceeds $40.0 million by mailing, or delivering electronically if the Notes are held by the Depository, the notice required pursuant to the
terms of this Indenture, with a copy to the Trustee. To the extent that the aggregate amount of Notes (and such other Pari Passu Indebtedness) tendered pursuant to an Asset Sale Offer is less than the Excess Proceeds, the Issuer may use any
remaining Excess Proceeds for any purpose that is not prohibited by this Indenture. If the aggregate principal amount of Notes (and such other Pari Passu Indebtedness) surrendered by holders thereof exceeds the amount of Excess Proceeds, the
Trustee, upon receipt of notice from the Issuer of the aggregate principal amount to be selected, shall select the Notes to be purchased in the manner described in Section 4.06(e). The Issuer may satisfy the foregoing obligation with respect to
any Net Proceeds from an Asset Sale by making an Asset Sale Offer with respect to such Net Proceeds prior to the expiration of the relevant 450 days (or such longer period provided by this Section 4.06(b). Upon completion of any such Asset Sale
Offer, the amount of Excess Proceeds shall be reset at zero. 
 (c) The Issuer will comply with the requirements of Rule 14e-1 under the
Exchange Act and any other securities laws and regulations to the extent such laws or regulations are applicable in connection with the repurchase of the Notes pursuant to an Asset Sale Offer. To the extent that the provisions of any securities laws
or regulations conflict with the provisions of this Indenture, the Issuer will comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations described in this Indenture by virtue thereof. 

(d) Not later than the date upon which written notice of an Asset Sale Offer is delivered to the Trustee as provided above, the Issuer shall
deliver to the Trustee an Officer’s Certificate as to (i) the amount of the Excess Proceeds, (ii) the allocation of the Net Proceeds from the Asset Sales pursuant to which such Asset Sale Offer is being made and (iii) the
compliance of such allocation with the provisions of Section 4.06(b). 
 (e) Holders electing to have a Note purchased shall be
required to surrender such Note, with an appropriate form duly completed, to the Issuer at the address specified in the notice at least three (3) Business Days prior to the purchase date. Holders shall be entitled to withdraw their election if
the Trustee or the Issuer receives not later than one (1) Business Day prior to the purchase date, a telegram, telex, facsimile transmission or letter setting forth the name of the holder, the principal amount of the Note which was delivered by
the holder for purchase and a statement that such holder is withdrawing his election to have such Note purchased. If at the expiration of the period for which the Asset Sale Offer remains open more Notes (and such other Pari Passu Indebtedness) are
tendered pursuant to an Asset Sale Offer than the Issuer is required to purchase, selection of such Notes for purchase shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which
such Notes are listed (and the Issuer shall notify the Trustee of any such listing), or if such Notes are not so listed, on a pro rata basis to the extent practicable or by lot (and in such manner as complies with the requirements of the Depository,
if applicable); provided that no Notes of $2,000 or less shall be purchased in part. Selection of such other Pari Passu Indebtedness shall be made pursuant to the terms of such other Pari Passu Indebtedness. 

(f) Notices of an Asset Sale Offer shall be mailed by the Issuer by first class mail, postage prepaid, or delivered electronically if held by
the Depository, at least 30 but not more than 60 days before the purchase date to each holder of Notes at such holder’s registered address. If any Note is to be purchased in part only, any notice of purchase that relates to such Note shall
state the portion of the principal amount thereof that has been or is to be purchased. 

  
 -61- 

 SECTION 4.07 Transactions with Affiliates. 

(a) The Issuer shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly, make any payment to, or sell,
lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction or series of transactions, contract, agreement, understanding, loan, advance or
guarantee with, or for the benefit of, any Affiliate of the Issuer (each of the foregoing, an “Affiliate Transaction”) involving aggregate consideration in excess of $25.0 million, unless: 

(i) such Affiliate Transaction is on terms that are not materially less favorable to the Issuer or the relevant Restricted
Subsidiary than those that could have been obtained in a comparable transaction by the Issuer or such Restricted Subsidiary with an unrelated Person; and 

(ii) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration in
excess of $50.0 million, the Issuer delivers to the Trustee a resolution adopted in good faith by the majority of the Board of Directors of the Issuer, approving such Affiliate Transaction and set forth in an Officer’s Certificate certifying
that such Affiliate Transaction complies with clause (i) above. 
 (b) The provisions of Section 4.07(a) shall not apply to the
following: 
 (i) transactions between or among the Issuer and/or any of the Restricted Subsidiaries (or an entity that
becomes a Restricted Subsidiary as a result of such transaction) and any merger, consolidation or amalgamation of the Issuer and any direct parent of the Issuer; provided that such parent shall have no material liabilities and no material
assets other than cash, Cash Equivalents and the Capital Stock of the Issuer and such merger, consolidation or amalgamation is otherwise in compliance with the terms of this Indenture and effected for a bona fide business purpose; 

(ii) Restricted Payments permitted by Section 4.04 and Permitted Investments (other than clause (12) of the
definition thereof); 
 (iii) the payment of reasonable and customary fees and reimbursement of expenses paid to, and
indemnity provided on behalf of, officers, directors, employees or consultants of the Issuer, any Restricted Subsidiary, or any direct or indirect parent of the Issuer; 

(iv) transactions in which the Issuer or any Restricted Subsidiary, as the case may be, delivers to the Trustee a letter from
an Independent Financial Advisor stating that such transaction is fair to the Issuer or such Restricted Subsidiary from a financial point of view or meets the requirements of Section 4.07(a)(i); 

(v) payments or loans (or cancellation of loans) to officers, directors, employees or consultants which are approved by a
majority of the Board of Directors of the Issuer in good faith; 
 (vi) any agreement as in effect as of the Issue Date or
any amendment thereto or renewal, extension, restatement or replacement thereof (so long as any such agreement together with all amendments thereto and renewals, extensions, restatements and replacements thereof, taken as a whole, is not more
disadvantageous to the holders of the Notes in any material respect than the original agreement as in effect on the Issue Date) or any transaction contemplated thereby as determined in good faith by the Issuer; 

  
 -62- 

 (vii) the existence of, or the performance by the Issuer or any Restricted
Subsidiary of its obligations under the terms of any stockholders or limited liability company agreement (including any registration rights agreement or purchase agreement related thereto) to which it is a party as of the Issue Date, and any
transaction, agreement or arrangement described in the Offering Memorandum and, in each case, any amendment thereto or similar transactions, agreements or arrangements which it may enter into thereafter; provided, however, that the
existence of, or the performance by the Issuer or any Restricted Subsidiary of its obligations under, any future amendment to any such existing transaction, agreement or arrangement or under any similar transaction, agreement or arrangement entered
into after the Issue Date shall only be permitted by this clause (vii) to the extent that the terms of any such existing transaction, agreement or arrangement together with all amendments thereto, taken as a whole, or new transaction, agreement
or arrangement are not otherwise more disadvantageous to the holders of the Notes in any material respect than the original transaction, agreement or arrangement as in effect on the Issue Date; 

(viii) transactions with a Person that is an Affiliate of the Issuer solely because the Issuer or a Restricted Subsidiary owns
an Equity Interest in, or controls, such Person; 
 (ix) (A) transactions with customers, clients, suppliers or purchasers or
sellers of goods or services, or transactions otherwise relating to the purchase or sale of goods or services, in each case in the ordinary course of business and otherwise in compliance with the terms of this Indenture, which are fair to the Issuer
and the Restricted Subsidiaries in the reasonable determination of the Board of Directors or the senior management of the Issuer, or are on terms at least as favorable in all material respects as might reasonably have been obtained at such time from
an unaffiliated party or (B) transactions with joint ventures or Unrestricted Subsidiaries entered into in the ordinary course of business and consistent with past practice or industry norm; 

(x) any transaction effected as part of a Permitted Receivables Financing; 

(xi) the issuance of Equity Interests (other than Disqualified Stock) of the Issuer to any Person; 

(xii) the issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, the funding
of, or the making of payments pursuant to, employment, consulting and service agreements and arrangements, stock option and stock ownership plans, long-term incentive plans or similar employee or director benefit plans approved by the Board of
Directors of the Issuer or any direct or indirect parent of the Issuer or the Board of Directors of a Restricted Subsidiary, as appropriate, in good faith; 

(xiii) any contribution to the capital of the Issuer; 

(xiv) transactions permitted by, and complying with, Section 5.01; 

(xv) transactions between the Issuer or any Restricted Subsidiary and any Person, a director of which is also a director of the
Issuer or any direct or indirect parent of the Issuer; provided, however, that such director abstains from voting as a director of the Issuer or such direct or indirect parent, as the case may be, on any matter involving such other
Person; 
 (xvi) pledges of Equity Interests of Unrestricted Subsidiaries; 

  
 -63- 

 (xvii) the formation and maintenance of any consolidated group or subgroup for
tax, accounting or cash pooling or cash management purposes in the ordinary course of business; 
 (xviii) any employment
agreements or any similar or related agreements entered into by the Issuer or any Restricted Subsidiary in the ordinary course of business; 

(xix) transactions undertaken in good faith (as certified by a responsible financial or accounting officer of the Issuer in an
Officer’s Certificate) for the purpose of improving the consolidated tax efficiency of the Issuer and its Subsidiaries and not for the purpose of circumventing any covenant set forth in this Indenture; and 

(xx) transactions with any Person solely in its capacity as a holder of Indebtedness or Capital Stock of the Issuer or any of
the Restricted Subsidiaries if such transaction provides for equal treatment of such Person and all other holders, in their capacity as holders, of the same series of such Indebtedness or of the same class of such Capital Stock. 

SECTION 4.08 Change of Control. 

(a) Upon the occurrence of a Change of Control, each holder shall have the right to require the Issuer to repurchase all or any part of such
holder’s Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase (subject to the right of the holders of record on the relevant
Record Date to receive interest due on the relevant Interest Payment Date), in accordance with the terms contemplated in this Section 4.08; provided, however, that notwithstanding the occurrence of a Change of Control, the Issuer
shall not be obligated to purchase any Notes pursuant to this Section 4.08 in the event that it has previously or concurrently exercised its right to redeem such Notes in accordance with Article III of this Indenture. 

(b) Within 30 days following any Change of Control, except to the extent that the Issuer has exercised its right to redeem the Notes in
accordance with Article III of this Indenture, the Issuer shall mail, or deliver electronically if the Notes are held by DTC, a notice (a “Change of Control Offer”) to each holder with a copy to the Trustee stating: 

(i) that a Change of Control Offer is being made pursuant to this Section 4.08 and that all Notes properly tendered
pursuant to such Change of Control Offer will be accepted for payment by the Issuer; 
 (ii) the repurchase price (equal to
101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase, payable in cash (subject to the right of holders of record on a record date to receive interest on the relevant
interest payment date)); 
 (iii) the repurchase date (which shall be no earlier than 30 days nor later than 60 days from the
date such notice is mailed, except in the case of a conditional Change of Control Offer made in advance as described below) (the “Change of Control Repurchase Date”); 

(iv) the instructions determined by the Issuer, consistent with this Section 4.08, that a holder must follow in order to
have its Notes purchased; 
 (v) that any Note not properly tendered will remain outstanding and continue to accrue interest;

  
 -64- 

 (vi) that unless the Issuer defaults in the payment of the Change of Control
payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue interest on the Change of Control repurchase date; 

(vii) that holders whose Notes are being purchased only in part will be issued new notes and such new notes will be equal in
principal amount to the unpurchased portion of the Notes surrendered. The unpurchased portion of the Notes must be equal to at least $2,000 or any integral multiple of $1,000 in excess of $2,000; and 

(viii) if such notice is delivered prior to the occurrence of a Change of Control, stating that the Change of Control Offer is
conditional on the occurrence of such Change of Control and shall describe each such condition, and, if applicable, shall state that, in the Issuer’s discretion, the Change of Control Repurchase Date may be delayed until such time as any or all
such conditions shall be satisfied, or that such repurchase may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the Change of Control Repurchase Date, or by the Change of
Control Repurchase Date as so delayed. 
 (c) Holders electing to have a Note purchased shall be required to surrender the Note, with an
appropriate form duly completed, to the Issuer at the address specified in the notice at least three (3) Business Days prior to the purchase date. The holders shall be entitled to withdraw their election if the Trustee or the Issuer receives
not later than one (1) Business Day prior to the purchase date a telegram, telex, facsimile transmission or letter setting forth the name of the holder, the principal amount of the Note which was delivered for purchase by the holder and a
statement that such holder is withdrawing its election to have such Note purchased. Holders whose Notes are purchased only in part shall be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered. 

(d) On the Change of Control Repurchase Date, the Issuer will, to the extent lawful: 

(i) accept for payment all Notes or portions thereof (in minimum denominations of $2,000 or an integral multiple of $1,000 in
excess thereof) properly tendered pursuant to the Change of Control Offer; 
 (ii) deposit with the Paying Agent funds
sufficient to pay the Change of Control repurchase price in respect of all Notes or portions thereof so tendered; and 

(iii) deliver or cause to be delivered to the Trustee for cancellation all Notes so accepted. 

(e) On the Change of Control Repurchase Date, the paying agent will promptly remit payment to each holder so tendered the Change of Control
repurchase price for such Notes, and the Trustee will promptly authenticate and deliver (or cause to be transferred by book-entry) to each holder a new note equal in principal amount to any unpurchased portion of the Notes surrendered, if any;
provided that each such new note will be in a minimum denomination of $2,000 or an integral multiple of $1,000 in excess thereof. The Issuer will publicly announce the results of the Change of Control Offer on or as soon as practicable after
the Change of Control Repurchase Date. 
 (f) A Change of Control Offer may be made in advance of a Change of Control, and conditioned upon
such Change of Control, if a definitive agreement is in place for the Change of Control at the time of making of the Change of Control Offer. 

  
 -65- 

 (g) Notwithstanding the foregoing provisions of this Section 4.08, the Issuer shall not be
required to make a Change of Control Offer upon a Change of Control if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture applicable to a Change
of Control Offer made by the Issuer and purchases all Notes properly tendered and not withdrawn under such Change of Control Offer. 
 (h)
Notes repurchased by the Issuer pursuant to a Change of Control Offer will have the status of Notes issued but not outstanding or will be retired and canceled at the option of the Issuer. Notes purchased by a third party pursuant to clause
(g) or clause (k) of this Section 4.08 will have the status of Notes issued and outstanding. 
 (i) At the time the Issuer
delivers Notes to the Trustee which are to be accepted for purchase, the Issuer shall also deliver an Officer’s Certificate stating that such Notes are to be accepted by the Issuer pursuant to and in accordance with the terms of this
Section 4.08. 
 A Note shall be deemed to have been accepted for purchase at the time the Trustee, directly or through an agent, mails
or delivers payment therefor to the surrendering holder. 
 (j) The Issuer shall comply, to the extent applicable, with the requirements of
Section 14(e) of the Exchange Act and any other securities laws or regulations in connection with the repurchase of Notes pursuant to this Section. To the extent that the provisions of any securities laws or regulations conflict with provisions
of this Section 4.08, the Issuer shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations under this Section 4.08 by virtue thereof. 

(k) If holders of not less than 90% in aggregate principal amount of the outstanding Notes validly tender and do not withdraw such Notes in a
Change of Control Offer and the Issuer, or any third party making a Change of Control Offer in lieu of the Issuer as described above, purchases all of the Notes validly tendered and not withdrawn by such holders, the Issuer or such third party will
have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to the Change of Control Offer, to redeem all Notes that remain outstanding following such purchase at a
price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. Any such redemption shall be effected pursuant to Article III. 

SECTION 4.09 Compliance Certificate. The Issuer shall deliver to the Trustee within 120 days after the end of each fiscal year of the
Issuer, beginning with the fiscal year ending on December 31, 2017, an Officer’s Certificate stating that in the course of the performance by the signer (one of which shall be the principal executive officer, the principal financial
officer or principal accounting officer of the Issuer) of his or her duties as an Officer of the Issuer he or she would normally have knowledge of any Default and whether or not the signer know of any Default that occurred during such period. If
such Officer does, the certificate shall describe the Default, its status and what action the Issuer is taking or proposes to take with respect thereto. In addition, so long as any Notes are outstanding, if any Default has occurred and is continuing
under this Indenture, the Issuer shall within thirty (30) Business Days of the occurrence thereof deliver to the Trustee an Officer’s Certificate specifying such Default and what action the Issuer is taking or proposed to take with respect
thereto. Except with respect to receipt of payments of principal and interest on the Notes and any Default or Event of Default information contained in an Officer’s Certificate delivered to it pursuant to this Section 4.09, the Trustee
shall have no duty to review, ascertain or confirm the Issuer’s compliance with or the breach of any representation, warranty or covenant made in this Indenture. 

  
 -66- 

 SECTION 4.10 Further Instruments and Acts. Upon request of the Trustee, the Issuer shall
execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 

SECTION 4.11 Future Guarantors. The Issuer shall cause each of its direct and indirect Subsidiaries that is a borrower or guarantor of
the U.S. Obligations under the Credit Agreement or that guarantees any other Capital Markets Indebtedness of the Issuer or any of the Guarantors, within 30 days after Incurring such Indebtedness, to execute and deliver to the Trustee a supplemental
indenture substantially in the form of Exhibit D pursuant to which such Subsidiary will guarantee the Guaranteed Obligations. 

SECTION 4.12 Liens. 
 (a)
The Issuer shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly, create, Incur or suffer to exist any Lien (except Permitted Liens) on any asset or property of the Issuer or such Restricted Subsidiary
securing Indebtedness of the Issuer or a Restricted Subsidiary unless the Notes are equally and ratably secured with (or on a senior basis to, in the case of obligations subordinated in right of payment to the Notes) the obligations so secured until
such time as such obligations are no longer secured by a Lien. 
 (b) Any Lien that is granted to secure the Notes or any Guarantee under
Section 4.12(a) shall be automatically released and discharged at the same time as the release of the Lien that gave rise to the obligation to secure the Notes or such Guarantee under Section 4.12(a). 

(c) For purposes of determining compliance with this Section 4.12, (i) a Lien securing an item of Indebtedness need not be permitted
solely by reference to one category of permitted Liens (or any portion thereof) described in the definition of “Permitted Liens” or pursuant to Section 4.12(a) but may be permitted in part under any combination thereof and
(ii) in the event that a Lien securing an item of Indebtedness (or any portion thereof) meets the criteria of one or more of the categories of permitted Liens (or any portion thereof) described in the definition of “Permitted Liens”
or pursuant to Section 4.12(a), the Issuer may, in its sole discretion, classify or reclassify, or later divide, classify or reclassify (as if Incurred at such later time), such Lien securing such item of Indebtedness (or any portion thereof)
in any manner that complies with this Section 4.12 and will be entitled to only include the amount and type of such Lien or such item of Indebtedness secured by such Lien (or any portion thereof) in one of the categories of permitted Liens (or
any portion thereof) described in the definition of “Permitted Liens” or pursuant to Section 4.12(a) and, in such event, such Lien securing such item of Indebtedness (or any portion thereof) will be treated as being Incurred or
existing pursuant to only such clause or clauses (or any portion thereof) or pursuant to Section 4.12(a) without giving pro forma effect to such item (or portion thereof) when calculating the amount of Liens or Indebtedness that may be
Incurred pursuant to any other clause or paragraph. 
 (d) With respect to any Lien securing Indebtedness that was permitted to secure such
Indebtedness at the time of the Incurrence of such Indebtedness, such Lien shall also be permitted to secure any Increased Amount of such Indebtedness. The “Increased Amount” of any Indebtedness shall mean any increase in the amount
of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms or in the form of
common stock of the Issuer, the payment of dividends on Preferred Stock in the form of additional shares of Preferred Stock of the same class, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness
outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness described in clause (3) of the definition of “Indebtedness.” 

  
 -67- 

 SECTION 4.13 Maintenance of Office or Agency. 

(a) The Issuer shall maintain an office or agency (which may be an office of the Trustee or an affiliate of the Trustee or Registrar) where
Notes may be surrendered for registration of transfer or for exchange. The Issuer shall give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Issuer shall fail to
maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations and surrenders may be made at the Corporate Trust Office of the Trustee as set forth in Section 11.02. 

(b) The Issuer may also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered for
any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Issuer of its obligation to maintain an office or agency for such
purposes. The Issuer shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 

(c) The Issuer hereby designates the Corporate Trust Office of the Trustee or its agent as such office or agency of the Issuer in accordance
with Section 2.04. 
 SECTION 4.14 Existence. The Issuer shall do or cause to be done all things necessary to preserve, renew
and keep in full force and effect its legal existence and the rights, licenses, permits, privileges and franchises material to the conduct of its business; provided that the foregoing shall not prohibit any transaction permitted under
Section 5.01, and the Issuer shall not be required to preserve, renew and keep in full force and effect any such right, license, permit, privilege, franchise or legal existence if the Issuer shall determine in good faith the preservation,
renewal or keeping in full force and effect thereof is no longer desirable in the conduct of the business of the Issuer. 
 SECTION 4.15
Covenant Suspension. If, on any date following the Issue Date, (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the
events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), and subject to the provisions of the following paragraph, then, beginning on that day, the Issuer and
the Restricted Subsidiaries shall not be subject to Sections 4.03, 4.04, 4.05, 4.06, 4.07, 4.11 and 5.01(a)(iv) (collectively, the “Suspended Covenants”). 

In the event that the Issuer and the Restricted Subsidiaries are not subject to the Suspended Covenants under this Indenture for any period of
time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) one or both of the Rating Agencies withdraw their Investment Grade Rating or downgrade the rating assigned to the Notes below an Investment Grade
Rating, then the Issuer and the Restricted Subsidiaries will thereafter again be subject to the Suspended Covenants under this Indenture with respect to future events. 

The Issuer shall provide the Trustee with written notice of each Covenant Suspension Event or Reversion Date within five (5) Business
Days of the occurrence thereof. 
 During the Suspension Period, the Issuer may not designate or redesignate any Unrestricted Subsidiaries.

  
 -68- 

 During the Suspension Period, the Issuer and its Restricted Subsidiaries will be entitled to
incur Liens to the extent provided for in Section 4.12 (including, without limitation, Permitted Liens) to the extent provided for in such covenant and any Permitted Liens which may refer to one or more Suspended Covenants shall be interpreted
as though such applicable Suspended Covenant(s) continued to be applicable during the Suspension Period (but solely for purposes of Section 4.12 and for no other covenant). 

On each Reversion Date, all Indebtedness Incurred, or Disqualified Stock or Preferred Stock issued, during the Suspension Period will be
classified as having been Incurred or issued pursuant to Sections 4.03(a) and (b) (to the extent such Indebtedness or Disqualified Stock or Preferred Stock would be permitted to be Incurred or issued thereunder as of the Reversion Date and
after giving effect to Indebtedness Incurred or issued prior to the Suspension Period and outstanding on the Reversion Date). To the extent such Indebtedness or Disqualified Stock or Preferred Stock would not be so permitted to be Incurred or issued
pursuant to Sections 4.03(a) and (b), such Indebtedness or Disqualified Stock or Preferred Stock will be deemed to have been outstanding on the Issue Date, so that it is classified as permitted under Section 4.03(b)(iii). Calculations made
after the Reversion Date of the amount available to be made as Restricted Payments under Section 4.04 will be made as though Section 4.04 had been in effect since the Issue Date and prior to, but not during, the Suspension Period.
Accordingly, Restricted Payments made during the Suspension Period will not reduce the amount available to be made as Restricted Payments under Section 4.04(a). As described above, however, no Default or Event of Default will be deemed to have
occurred on the Reversion Date as a result of any actions taken by the Issuer or the Restricted Subsidiaries during the Suspension Period or any actions taken at any time pursuant to any contractual obligation arising prior to the Reversion Date,
regardless of whether such actions or events would have been permitted if the applicable Suspended Covenants remained in effect during such period. Within 30 days of such Reversion Date, the Issuer must comply with the terms of Section 4.11.

 For purposes of Section 4.05, on the Reversion Date, any consensual encumbrances or consensual restrictions of the type specified in
clause (a) or (b) thereof entered into during the Suspension Period will be deemed to have been in effect on the Issue Date, so that they are permitted under clause (1)(i) thereof. 

For purposes of Section 4.07, any Affiliate Transaction entered into after the Reversion Date pursuant to a contract, agreement, loan,
advance or guaranty with, or for the benefit of, any Affiliate of the Issuer entered into during the Suspension Period will be deemed to have been in effect as of the Issue Date for purposes of clause (b)(vi) thereof. 

For purposes of Section 4.06, on the Reversion Date, the unutilized Excess Proceeds amount will be reset to zero. 

SECTION 4.16 Financial Calculation for Limited Condition Acquisitions. When calculating the availability under any basket or ratio
under this Indenture, in each case in connection with a Limited Condition Acquisition, the date of determination of such basket or ratio and of any Default or Event of Default may, at the option of the Issuer, be the date the definitive agreements
for such Limited Condition Acquisition are entered into and such baskets or ratios shall be calculated with such pro forma adjustments as are appropriate and consistent with the pro forma adjustment provisions set forth in the definition of
“Fixed Charge Coverage Ratio” after giving effect to such Limited Condition Acquisition and the other transactions to be entered into in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as if
they occurred at the beginning of the applicable period for purposes of determining the ability to consummate any such Limited Condition Acquisition (and not for purposes of any subsequent availability of any basket or ratio), and, for the avoidance
of doubt, (x) if any of such baskets or ratios are exceeded as a result of fluctuations in such basket or ratio (including due 

  
 -69- 

 
to fluctuations in EBITDA of the Issuer or the target company) subsequent to such date of determination and at or prior to the consummation of the relevant Limited Condition Acquisition, such
baskets or ratios will not be deemed to have been exceeded as a result of such fluctuations for purposes of determining whether the Limited Condition Acquisition and related transactions are permitted under this Indenture and (y) such baskets
or ratios shall not be tested at the time of consummation of such Limited Condition Acquisition or related transactions solely for purposes of determining whether such Limited Condition Acquisition is permitted under this Indenture; provided,
that if the Issuer elects to have such determinations occur at the time of entry into such definitive agreement, any such transactions (including any incurrence of Indebtedness and the use of proceeds thereof) shall be deemed to have occurred on the
date the definitive agreements are entered and outstanding thereafter for purposes of calculating any baskets or ratios under this Indenture after the date of such agreement and before the earlier of the termination of the agreement governing the
Limited Condition Acquisition and consummation of such Limited Condition Acquisition; provided, however, that for purposes of Section 4.04, the ratio determination set forth in Section 4.04(b)(xii) will be tested (x) on a
pro forma basis assuming such Limited Condition Acquisition has been consummated and (y) without assuming such Limited Condition Acquisition has been consummated, with the clause resulting in the highest Consolidated Leverage Ratio being
the determinative calculation for purposes of Section 4.04(b)(xii). 
 ARTICLE V 

SUCCESSOR ISSUER 
 SECTION
5.01 When Issuer and Guarantors May Merge or Transfer Assets. 
 (a) The Issuer may not consolidate, amalgamate or merge with or into
or wind up into (whether or not the Issuer is the surviving Person), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions, to any Person unless:

 (i) the Issuer is the surviving Person or the Person formed by or surviving any such consolidation, amalgamation, merger,
winding up or conversion (if other than the Issuer) or to which such sale, assignment, transfer, lease, conveyance or other disposition will have been made is a corporation, partnership or limited liability company or similar entity organized or
existing under the laws of the United States, any state thereof, the District of Columbia, or any territory thereof (the Issuer or such Person, as the case may be, being herein called the “Successor Issuer”); provided that in
the event that the Successor Issuer is not a corporation, a co-obligor of the Notes is a corporation; 
 (ii) the Successor
Issuer (if other than the Issuer) expressly assumes all the obligations of the Issuer under this Indenture pursuant to a supplemental indenture or other applicable documents or instruments in form reasonably satisfactory to the Trustee; 

(iii) immediately after giving effect to such transaction (and treating any Indebtedness which becomes an obligation of the
Successor Issuer or any of its Restricted Subsidiaries as a result of such transaction as having been Incurred by the Successor Issuer or such Restricted Subsidiary at the time of such transaction), no Default shall have occurred and be continuing;

  
 -70- 

 (iv) immediately after giving pro forma effect to such transaction, as if
such transaction had occurred at the beginning of the applicable four-quarter period (and treating any Indebtedness which becomes an obligation of the Successor Issuer or any of its Restricted Subsidiaries as a result of such transaction as having
been Incurred by the Successor Issuer or such Restricted Subsidiary at the time of such transaction), either 
 (1) the
Successor Issuer would be permitted to Incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth in Section 4.03(a); or 

(2) the Fixed Charge Coverage Ratio of the Issuer would be no less than such ratio immediately prior to such transaction; 

(v) if the Issuer is not the Successor Issuer, each Guarantor, unless it is the other party to the transactions described
above, shall have by supplemental indenture confirmed that its Guarantee shall apply to such Person’s obligations under this Indenture and the Notes; and 

(vi) the Successor Issuer shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each
stating that such consolidation, amalgamation, merger or transfer and such supplemental indentures (if any) comply with this Indenture. 

The Successor Issuer (if other than the Issuer) will succeed to, and be substituted for, the Issuer under this Indenture and the Notes, and in
such event the Issuer will automatically be released and discharged from its obligations under this Indenture and the Notes. Notwithstanding the foregoing clauses (iii) and (iv) of this Section 5.01(a), (A) the Issuer or any
Restricted Subsidiary may merge, consolidate or amalgamate with or transfer all or part of its properties and assets to a Restricted Subsidiary or, provided that the Issuer is the Successor Issuer, the Issuer, and (B) the Issuer may merge,
consolidate or amalgamate with an Affiliate incorporated solely for the purpose of reincorporating the Issuer in another state of the United States, the District of Columbia or any territory of the United States (collectively, “Permitted
Jurisdictions”) or may convert into a corporation, partnership or limited liability company, so long as the amount of Indebtedness of the Issuer and the Restricted Subsidiaries is not increased thereby. This Section 5.01(a) will not
apply to a sale, assignment, transfer, lease, conveyance or other disposition of assets between or among the Issuer and the Restricted Subsidiaries. 

(b) Subject to the provisions of Section 10.02(b), no Guarantor shall, and the Issuer shall not permit any such Guarantor to,
consolidate, amalgamate or merge with or into or wind up into (whether or not such Guarantor is the surviving Person), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or
more related transactions to, any Person unless: 
 (i) either (A) such Guarantor is the surviving Person or the Person
formed by or surviving any such consolidation, amalgamation or merger (if other than such Guarantor) or to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made is a company, corporation, partnership or
limited liability company or similar entity organized or existing under the laws of the United States, any state thereof, the District of Columbia, or any territory thereof (such Guarantor or such Person, as the case may be, being herein called the
“Successor Guarantor”) and the Successor Guarantor (if other than such Guarantor) expressly assumes all the obligations of such Guarantor under this Indenture and the Notes or the Guarantee, as applicable, pursuant to a supplemental
indenture or other applicable documents or instruments in form reasonably satisfactory to the Trustee, or (B) such sale or disposition or consolidation, amalgamation or merger is not in violation of Section 4.06; and 

(ii) the Successor Guarantor (if other than such Guarantor) shall have delivered or caused to be delivered to the Trustee an
Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation, amalgamation, merger or transfer and such supplemental indenture (if any) comply with this Indenture. 

  
 -71- 

 Except as otherwise provided in this Indenture, the Successor Guarantor (if other than such
Guarantor) will succeed to, and be substituted for, such Guarantor under this Indenture and the Notes or the Guarantee, as applicable, and such Guarantor will automatically be released and discharged from its obligations under this Indenture and the
Notes or its Guarantee. Notwithstanding the foregoing, (1) a Guarantor may merge, amalgamate or consolidate with an Affiliate incorporated solely for the purpose of reincorporating such Guarantor in a Permitted Jurisdiction or may convert into
a limited liability company, corporation, partnership or similar entity organized or existing under the laws of any Permitted Jurisdiction so long as the amount of Indebtedness of such Guarantor is not increased thereby and (2) a Guarantor may
consolidate, amalgamate or merge with or into or wind up into, liquidate, dissolve, or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets to the Issuer or any Guarantor. 

ARTICLE VI 
 DEFAULTS AND
REMEDIES 
 SECTION 6.01 Events of Default. An “Event of Default” occurs with respect to the Notes if: 

(a) there is a default in any payment of interest on any Note when due, and such default continues for a period of 30 days;

 (b) there is a default in the payment of principal or premium, if any, of any Note when due at its Stated Maturity, upon
optional redemption, upon required repurchase, upon declaration or otherwise; 
 (c) there is a failure by the Issuer for 120
days after receipt of written notice given by the Trustee or the holders of not less than 25% in aggregate principal amount of the Notes then outstanding (with a copy to the Trustee) to comply with any of its obligations, covenants or agreements in
Section 4.02; 
 (d) there is a failure by the Issuer or any Restricted Subsidiary for 60 days after written notice
given by the Trustee or the holders of not less than 25% in principal amount of the Notes then outstanding (with a copy to the Trustee) to comply with its other obligations, covenants or agreements (other than a default referred to in clauses (a),
(b) and (c) above) contained in the Notes or this Indenture; 
 (e) there is a failure by the Issuer or any
Significant Subsidiary (or any group of Subsidiaries that together would constitute a Significant Subsidiary) to pay any Indebtedness (other than Indebtedness owing to the Issuer or a Restricted Subsidiary) within any applicable grace period after
final maturity or the acceleration of any such Indebtedness by the holders thereof because of a default, in each case, if the total amount of such Indebtedness unpaid or accelerated exceeds $75.0 million or its foreign currency equivalent; 

(f) the Issuer or any Significant Subsidiary (or any group of Subsidiaries that together would constitute a Significant
Subsidiary) pursuant to or within the meaning of any Bankruptcy Law: 
 (i) commences a voluntary case; 

  
 -72- 

 (ii) consents to the entry of an order for relief against it in an involuntary
case; 
 (iii) consents to the appointment of a Custodian of it or for any substantial part of its property; or 

(iv) makes a general assignment for the benefit of its creditors or takes any comparable action under any foreign laws relating
to insolvency; 
 (g) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against the Issuer or any Significant Subsidiary in an involuntary case; 

(ii) appoints a Custodian of the Issuer or any Significant Subsidiary or for any substantial part of its property; or 

(iii) orders the winding up or liquidation of the Issuer or any Significant Subsidiary; 

or any similar relief is granted under any foreign laws and, in each case, the order or decree remains unstayed and in effect for 60 days; 

(h) there is a failure by the Issuer or any Significant Subsidiary (or any group of Subsidiaries that together would constitute
a Significant Subsidiary) to pay final judgments aggregating in excess of $75.0 million or its foreign currency equivalent (net of any amounts which are covered by enforceable insurance policies issued by solvent carriers), which judgments are not
discharged, waived or stayed for a period of 60 days; or 
 (i) the Guarantee of a Significant Subsidiary (or any group of
Subsidiaries that together would constitute a Significant Subsidiary) with respect to the Notes ceases to be in full force and effect (except as contemplated by the terms thereof) or the Issuer or any Guarantor that qualifies as a Significant
Subsidiary (or any group of Subsidiaries that together would constitute a Significant Subsidiary) denies or disaffirms its obligations under this Indenture or any Guarantee with respect to the Notes and such Default continues for 10 days. 

The foregoing shall constitute Events of Default whatever the reason for any such Event of Default and whether it is voluntary or involuntary
or is effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body. 

However, a default under clause (c) or (d) above shall not constitute an Event of Default until the Trustee or the holders of at
least 25% in principal amount of outstanding Notes notify the Issuer, with a copy to the Trustee, of the default and the Issuer does not cure such default within the time specified in clauses (c) or (d) hereof after receipt of such notice.
Such notice must specify the Default, demand that it be remedied and state that such notice is a “Notice of Default.” 

The term “Bankruptcy Law” means Title 11, United States Code, or any similar Federal or state law for the relief of debtors.
The term “Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 

  
 -73- 

 SECTION 6.02 Acceleration. If an Event of Default (other than an Event of Default
specified in Section 6.01(f) or (g) hereof with respect to the Issuer) occurs and is continuing, the Trustee by notice to the Issuer or the holders of at least 25% in principal amount of outstanding Notes by notice to the Issuer, with a
copy to the Trustee, may declare the principal of, premium, if any, and accrued but unpaid interest on all the Notes to be due and payable. Upon such a declaration, such principal and interest shall be due and payable immediately. If an Event of
Default specified in Section 6.01(f) or (g) with respect to the Issuer occurs, the principal of, premium, if any, and interest on all the Notes will become immediately due and payable without any declaration or other act on the part of the
Trustee or any holders. The holders of a majority in principal amount of outstanding Notes by notice to the Trustee may rescind any such acceleration with respect to the Notes and its consequences if the rescission would not conflict with any
judgment or decree and if all existing Events of Default have been cured or waived except nonpayment of principal or interest that has become due solely because of acceleration. No such rescission shall affect any subsequent or other Default or
impair any consequent right. 
 In the event of any Event of Default specified in Section 6.01(e), such Event of Default and all
consequences thereof (excluding, however, any resulting payment default) shall be annulled, waived and rescinded, automatically and without any action by the Trustee or the holders of the Notes, if within 30 days after such Event of Default
arose the Issuer delivers an Officer’s Certificate to the Trustee stating that (x) the Indebtedness or guarantee that is the basis for such Event of Default has been discharged or (y) the holders thereof have rescinded or waived the
acceleration, notice or action (as the case may be) giving rise to such Event of Default or (z) the default that is the basis for such Event of Default has been cured, it being understood that in no event shall an acceleration of the principal
amount of the Notes as described above be annulled, waived or rescinded upon the happening of any such events. 
 SECTION 6.03 Other
Remedies. If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy at law or in equity to collect the payment of principal of or interest on the Notes or to enforce the performance of any provision of the
Notes or this Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of
them in the proceeding. A delay or omission by the Trustee or any holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No
remedy is exclusive of any other remedy. To the extent required by law, all available remedies are cumulative. 
 SECTION 6.04 Waiver of
Past Defaults. Provided the Notes are not then due and payable by reason of a declaration of acceleration, the holders of a majority in principal amount of the Notes then outstanding by written notice to the Trustee may waive an existing Default
and its consequences except (a) a Default in the payment of the principal of or interest on a Note, (b) a Default arising from the failure to redeem or purchase any Note when required pursuant to the terms of this Indenture or (c) a
Default in respect of a provision that under Section 9.02 cannot be amended without the consent of each holder affected. When a Default is waived, it is deemed cured and the Issuer, the Trustee and the holders will be restored to their former
positions and rights under this Indenture, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 

SECTION 6.05 Control by Majority. The holders of a majority in principal amount of outstanding Notes may direct the time, method and
place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture or, if the
Trustee, being advised by counsel, determines that the action or proceeding so directed may not lawfully be taken or if the Trustee in good faith shall determine that the action or proceeding so directed would involve the

  
 -74- 

 
Trustee in personal liability or expense for which it is not adequately indemnified, or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of any other
holder or that would involve the Trustee in personal liability. Prior to taking any action under this Indenture, the Trustee shall be entitled to indemnification satisfactory to it in its sole discretion against all losses and expenses caused by
taking or not taking such action. 
 SECTION 6.06 Limitation on Suits. 

(a) Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no holder may pursue any remedy with
respect to this Indenture or the Notes unless: 
 (i) such holder has previously given the Trustee written notice that an
Event of Default is continuing, 
 (ii) holders of at least 25% in principal amount of the outstanding Notes have requested
the Trustee to pursue the remedy, 
 (iii) such holders have offered the Trustee security or indemnity satisfactory to it
against any loss, liability or expense, 
 (iv) the Trustee has not complied with such request within 60 days after the
receipt of the request and the offer of security or indemnity, and 
 (v) the holders of a majority in principal amount of
the outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period. 
 (b) A holder may
not use this Indenture to prejudice the rights of another holder or to obtain a preference or priority over another holder (it being understood that the Trustee shall have no obligation to ascertain whether or not such actions or forbearances are
unduly prejudicial to any other holder). 
 SECTION 6.07 Rights of the Holders to Receive Payment. Notwithstanding any other
provision of this Indenture, the right of any holder to receive payment of principal of and interest on the Notes held by such holder, on or after the respective due dates expressed or provided for in the Notes, or to bring suit for the enforcement
of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such holder. 
 SECTION 6.08
Collection Suit by Trustee. If an Event of Default specified in Section 6.01(a) or (b) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Issuer or any other
obligor on the Notes for the whole amount then due and owing (together with interest on overdue principal and (to the extent lawful) on any unpaid interest at the rate provided for in the Notes) and the amounts provided for in Section 7.07.

 SECTION 6.09 Trustee May File Proofs of Claim. The Trustee may file such proofs of claim, statements of interest and other papers
or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation, expenses disbursements and advances of the Trustee (including counsel, accountants, experts or such other
professionals as the Trustee deems necessary, advisable or appropriate)) and the holders allowed in any judicial proceedings relative to the Issuer, the Guarantors, their creditors or their property, shall be entitled to participate as a member,
voting or otherwise, of any official committee of creditors appointed in such matters and, unless prohibited by law or applicable regulations, may vote on behalf of the holders in any election of a trustee in bankruptcy or other Person performing
similar functions, and any Custodian in any such judicial 

  
 -75- 

 
proceeding is hereby authorized by each holder to make payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the holders, to pay to
the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and its counsel, and any other amounts due the Trustee under Section 7.07. Nothing herein contained shall be deemed
to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any holder any plan of reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any holder, or to authorize the Trustee to vote in
respect of the claim of any holder in any such proceeding. 
 SECTION 6.10 Priorities. Any money or property collected by the Trustee
pursuant to this Article VI and any other money or property distributable in respect of the Issuer’s or any Guarantor’s obligations under this Indenture after an Event of Default shall be applied in the following order: 

FIRST: to the Trustee for amounts due hereunder (including the reasonable compensation and expenses, disbursements and advances
of the Trustee’s agents, counsel, accountants and experts in accordance with Section 7.07); 
 SECOND: to the
holders for amounts due and unpaid on the Notes for principal, premium, if any, and interest, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for principal and interest, respectively; and

 THIRD: to the Issuer or, to the extent the Trustee collects any amount for any Guarantor, to such Guarantor. 

The Trustee may fix a record date and payment date for any payment to the holders pursuant to this Section 6.10. At least fifteen
(15) days before such record date, the Trustee shall mail to each holder and the Issuer a notice that states the record date, the payment date and the amount to be paid. 

SECTION 6.11 Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit against
the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable
costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Article VI does not apply to a suit by
the Trustee, a suit by a holder pursuant to Section 6.06 or a suit by holders of more than 10% in principal amount of the Notes. 

SECTION 6.12 Waiver of Stay or Extension Laws. Neither the Issuer nor any Guarantor (to the extent it may lawfully do so) shall at any
time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this
Indenture; and the Issuer and the Guarantors (to the extent that they may lawfully do so) hereby expressly waive all benefit or advantage of any such law, and shall not hinder, delay or impede the execution of any power herein granted to the
Trustee, but shall suffer and permit the execution of every such power as though no such law had been enacted. 

  
 -76- 

 ARTICLE VII 

TRUSTEE 
 SECTION 7.01
Duties of Trustee. 
 (a) The Trustee, prior to the occurrence of an Event of Default with respect to the Notes and after the curing
or waiving of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. If an Event of Default has occurred and is continuing, the Trustee shall exercise
the rights and powers vested in it by this Indenture and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

(b) Except during the continuance of an Event of Default: 

(i) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture and no
implied covenants or obligations shall be read into this Indenture against the Trustee (it being agreed that the permissive right of the Trustee to do things enumerated in this Indenture shall not be construed as a duty); and 

(ii) the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed
therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. The Trustee shall be under no duty to make any investigation as to any statement contained in any such instance, but may accept the
same as conclusive evidence of the truth and accuracy of such statement or the correctness of such opinions. However, in the case of certificates or opinions required by any provision hereof to be provided to it, the Trustee shall examine the form
of certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated therein). 

(c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure to act or its own willful
misconduct, except that: 
 (i) this paragraph does not limit the effect of paragraph (b) of this Section; 

(ii) the Trustee shall not be liable for any error of judgment made in good faith by a Trust Officer unless it is proved that
the Trustee was negligent in ascertaining the pertinent facts; and 
 (iii) the Trustee shall not be liable with respect to
any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 6.05. 
 (d) Every
provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of this Section 7.01. 

(e) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Issuer. 

(f) Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. 

  
 -77- 

 (g) Every provision of this Indenture relating to the conduct or affecting the liability of or
affording protection to the Trustee shall be subject to the provisions of this Section 7.01 and the TIA. 
 SECTION 7.02 Rights of
Trustee. 
 (a) The Trustee may conclusively rely on any document believed by it to be genuine and to have been signed or presented by
the proper person. The Trustee need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains
from acting, it may require an Officer’s Certificate or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officer’s Certificate or Opinion of Counsel.

 (c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent (other than an agent
who is an employee of the Trustee) appointed with due care. 
 (d) The Trustee shall not be responsible or liable for any action it takes or
omits to take which it believes to be authorized or within its rights or powers; provided, however, that the Trustee’s conduct does not constitute willful misconduct or gross negligence. 

(e) The Trustee may consult with counsel of its own selection and the advice or opinion of counsel with respect to legal matters relating to
this Indenture and the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by it hereunder in accordance with the advice or opinion of such counsel. 

(f) The Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, order, approval, bond, debenture, note or other paper or document unless requested in writing to do so by the holders of not less than a majority in principal amount of the Notes at the time
outstanding, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall, upon
reasonable notice in writing, be entitled to examine the books, records and premises of the Issuer, personally or by agent or attorney, at the expense of the Issuer and shall Incur no liability of any kind by reason of such inquiry or investigation.

 (g) The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or
direction of any of the holders pursuant to this Indenture, unless such holders shall have offered to the Trustee security or indemnity satisfactory to the Trustee against the costs, expenses and liabilities which might be Incurred by it in
compliance with such request or direction. 
 (h) The rights, privileges, protections, immunities and benefits given to the Trustee,
including its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

(i) The Trustee shall not be responsible or liable for any action taken or omitted by it at the direction of the holders of not less than a
majority in principal amount of the Notes as to the time, method and place of conducting any proceedings for any remedy available to the Trustee or the exercising of any power conferred by this Indenture. 

(j) Any action taken, or omitted to be taken, by the Trustee pursuant to this Indenture upon the request or authority or consent of any person
who, at the time of making such request or giving such authority or consent, is the holder of any Note shall be conclusive and binding upon future holders of Notes and upon Notes executed and delivered in exchange therefor or in place thereof. 

  
 -78- 

 (k) The Trustee may request that the Issuer delivers an Officer’s Certificate setting forth
the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officer’s Certificate may be signed by any Person authorized to sign an Officer’s Certificate, including
any Person specified as so authorized in any such certificate previously delivered and not superseded. 
 (l) The Trustee shall not be
responsible or liable for punitive, special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or
damage and regardless of the form of actions. 
 (m) The Trustee shall not be required to give any bond or surety in respect of the
execution of the trusts and powers under this Indenture. 
 (n) The Trustee shall not be responsible or liable for any failure or delay in
the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including, without limitation, acts of God; earthquakes; fire; flood; terrorism; wars and other
military disturbances; sabotage; epidemics; riots; loss or malfunction of utilities, computer (hardware or software) or communication services; accidents; labor disputes; and acts of civil or military authorities and governmental action. 

SECTION 7.03 Individual Rights of Trustee. 

(a) The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer or its
Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent or Registrar may do the same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11. 

(b) For certain payments made pursuant to this Indenture, the Trustee may be required to make a “reportable payment” or
“withholdable payment” and in such cases the Trustee shall have the duty to act as a payor or withholding agent, respectively, that is responsible for any tax withholding and reporting required under Chapters 3, 4, and 61 of the Code. The
Trustee shall have the sole right to make the determination as to which payments are “reportable payments” or “withholdable payments.” All parties to this Indenture shall provide an executed IRS Form W-9 or appropriate IRS Form
W-8 (or, in each case, any successor form) to the Trustee prior to closing, and shall promptly update any such form to the extent such form becomes obsolete or inaccurate in any respect. The Trustee shall have the right to request from any party to
this Indenture, or any other Person entitled to payment hereunder, any additional forms, documentation or other information as may be reasonably necessary for the Trustee to satisfy its reporting and withholding obligations under the Code. To the
extent any such forms to be delivered under this Section 7.03(b) are not provided prior to or by the time the related payment is required to be made or are determined by the Trustee to be incomplete and/or inaccurate in any respect, the Trustee
shall be entitled to withhold on any such payments hereunder to the extent withholding is required under Chapters 3, 4, or 61 of the Code, and shall have no obligation to gross up any such payment. 

SECTION 7.04 Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no representation as to the validity or
adequacy of this Indenture, the Guarantees or the Notes, it shall not be accountable for the Issuer’s use of the proceeds from the Notes, and it shall not be responsible for any 

  
 -79- 

 
statement of the Issuer or any Guarantor in this Indenture or in any document issued in connection with the sale of the Notes or in the Notes other than the Trustee’s certificate of
authentication. The Trustee shall not be charged with knowledge of any Default or Event of Default under Sections 6.01(b) (but only with respect to a repurchase of Notes pursuant to an Asset Sale Offer), (c), (d), (e), (f), (g), (h) or (i), or
of the identity of any Significant Subsidiary unless either (a) a Trust Officer shall have actual knowledge thereof or (b) the Trustee shall have received written notice thereof, referencing the Notes and this Indenture, in accordance with
Section 11.02 hereof from the Issuer, any Guarantor or any holder pursuant to Section 7.02(k). In accepting the trust hereby created, the Trustee acts solely as Trustee under this Indenture and not in its individual capacity and all
persons, including without limitation the holders of Notes and the Issuer having any claim against the Trustee arising from this Indenture shall look only to the funds and accounts held by the Trustee hereunder for payment except as otherwise
provided herein. 
 SECTION 7.05 Notice of Defaults. If a Default occurs and is continuing and is actually known to a Trust Officer
or the Trustee, the Trustee shall mail, or deliver electronically if the Notes are held by DTC, to each holder of the Notes notice of the Default within the earlier of 90 days after it occurs or 30 days after it is actually known to a Trust Officer
or written notice of it is received by the Trustee. Except in the case of a Default in the payment of principal of, premium (if any) or interest on any Note, the Trustee may withhold notice if and so long as it in good faith determines that
withholding notice is in the interests of the noteholders. 
 SECTION 7.06 Reports by Trustee to the Holders. As promptly as
practicable after each May 15th beginning with the May 15th following the date of this Indenture, and in any event within 60 days of
each May 15th, the Trustee shall mail to each holder a brief report dated as of such May 15th that complies with Section 313(a)
of the TIA if and to the extent required thereby. The Trustee shall also comply with Section 313(b) of the TIA. 
 Pursuant to
Section 313(d) of the TIA, a copy of each report at the time of its mailing to the holders shall be filed with the SEC and each stock exchange (if any) on which the Notes are listed if the Notes are listed. The Issuer agrees to notify promptly
the Trustee whenever the Notes become listed on any stock exchange and of any delisting thereof. All reports pursuant to this Section 7.06 shall be provided in accordance with Section 313(c) of the TIA. 

SECTION 7.07 Compensation and Indemnity. The Issuer shall pay to the Trustee from time to time such compensation for the Trustee’s
acceptance of this Indenture and its services hereunder as mutually agreed to in writing between the Issuer and the Trustee. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Issuer
shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred or made by it, including costs of collection, in addition to the compensation for its services. Such expenses shall include the reasonable compensation and
expenses, disbursements and advances of the Trustee’s agents, counsel, accountants and experts. The Issuer and the Guarantors, jointly and severally, shall indemnify the Trustee or any predecessor Trustee and their directors, officers,
employees and agents against any and all loss, liability, claim, damage or expense (including reasonable attorneys’ fees and expenses and including taxes (other than taxes based upon, measured by or determined by the income of the Trustee))
incurred by or in connection with the acceptance or administration of this trust and the performance of its duties hereunder, including the costs and expenses of enforcing this Indenture or Guarantee against the Issuer or any Guarantor (including
this Section 7.07) and defending itself against or investigating any claim (whether asserted by the Issuer, any Guarantor, any holder or any other Person). The obligation to pay such amounts shall survive the payment in full or defeasance of
the Notes or the removal or resignation of the Trustee. The Trustee shall notify the Issuer of any claim for which it may seek indemnity promptly upon obtaining actual knowledge thereof; provided, however, that any failure so to notify
the Issuer shall not 

  
 -80- 

 
relieve the Issuer or any Guarantor of its indemnity obligations hereunder. The Issuer shall defend the claim and the indemnified party shall provide reasonable cooperation at the Issuer’s
expense in the defense. Such indemnified parties may have separate counsel and the Issuer and such Guarantor, as applicable, shall pay the fees and expenses of such counsel; provided, however, that the Issuer shall not be required to
pay such fees and expenses if it assumes such indemnified parties’ defense and, in such indemnified parties’ reasonable judgment, there is no actual or potential conflict of interest between the Issuer and the Guarantors, as applicable,
and such parties in connection with such defense. The Issuer need not reimburse any expense or indemnify against any loss, liability or expense incurred by an indemnified party through such party’s own willful misconduct or gross negligence.

 To secure the Issuer’s and the Guarantors’ payment obligations in this Section 7.07, the Trustee shall have a Lien prior
to the Notes on all money or property held or collected by the Trustee other than money or property held in trust to pay principal of and interest on particular Notes. 

The Issuer’s and the Guarantors’ payment obligations pursuant to this Section 7.07 shall survive the satisfaction or discharge
of this Indenture, any rejection or termination of this Indenture under any bankruptcy law or the resignation or removal of the Trustee. Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee incurs
expenses after the occurrence of a Default specified in Section 6.01(f) or (g) with respect to the Issuer, the expenses are intended to constitute expenses of administration under any Bankruptcy Law. 

No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the
performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if repayment of such funds or adequate indemnity against such risk or liability is not assured to its satisfaction. 

SECTION 7.08 Replacement of Trustee. 

(a) The Trustee may resign at any time by so notifying the Issuer. The holders of a majority in principal amount of the Notes may remove the
Trustee by so notifying the Trustee and may appoint a successor Trustee. The Issuer shall remove the Trustee if: 
 (i) the
Trustee fails to comply with Section 7.10; 
 (ii) the Trustee is adjudged bankrupt or insolvent; 

(iii) a receiver or other public officer takes charge of the Trustee or its property; or 

(iv) the Trustee otherwise becomes incapable of acting. 

(b) If the Trustee resigns, is removed by the Issuer or by the holders of a majority in principal amount of the Notes and such holders do not
reasonably promptly appoint a successor Trustee, or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Issuer shall promptly appoint a successor Trustee. 

(c) A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Issuer. Thereupon the
resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to the
holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.07. 

  
 -81- 

 (d) If a successor Trustee does not take office within 60 days after the retiring Trustee resigns
or is removed, the retiring Trustee or the holders of 10% in principal amount of the Notes may petition at the expense of the Issuer any court of competent jurisdiction for the appointment of a successor Trustee. 

(e) If the Trustee fails to comply with Section 7.10, unless the Trustee’s duty to resign is stayed as provided in
Section 310(b) of the TIA, any holder who has been a bona fide holder of a Note for at least six months may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 

(f) Notwithstanding the replacement of the Trustee pursuant to this Section, the Issuer’s obligations under Section 7.07 shall
continue for the benefit of the retiring Trustee. 
 SECTION 7.09 Successor Trustee by Merger. If the Trustee consolidates with,
merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act
shall be the successor Trustee. 
 In case at the time such successor or successors by merger, conversion or consolidation to the Trustee
shall succeed to the trusts created by this Indenture any of the Notes shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Notes
so authenticated; and in case at that time any of the Notes shall not have been authenticated, any successor to the Trustee may authenticate such Notes either in the name of any predecessor hereunder or in the name of the successor to the Trustee;
and in all such cases such certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.10 Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Section 310(a) of the TIA.
The Trustee shall have a combined capital and surplus of at least $50.0 million as set forth in its most recent published annual report of condition. The Trustee shall comply with Section 310(b) of the TIA, subject to its right to apply for a
stay of its duty to resign under the penultimate paragraph of Section 310(b) of the TIA; provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the TIA any series of securities issued under
this Indenture and any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Issuer are outstanding if the requirements for such exclusion set forth in Section 310(b)(1) of
the TIA are met. 
 SECTION 7.11 Preferential Collection of Claims Against the Issuer. The Trustee shall comply with
Section 311(a) of the TIA, excluding any creditor relationship listed in Section 311(b) of the TIA. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the TIA to the extent indicated. 

  
 -82- 

 ARTICLE VIII 

DISCHARGE OF INDENTURE; DEFEASANCE 

SECTION 8.01 Discharge of Liability on Notes; Defeasance. 

(a) This Indenture shall be discharged and shall cease to be of further effect (except as to surviving rights and immunities of the Trustee
and rights of registration or transfer or exchange of Notes, as expressly provided for in this Indenture) as to all outstanding Notes when: 

(i) either (A) all the Notes theretofore authenticated and delivered (except lost, stolen or destroyed Notes which have
been replaced or paid and Notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer or discharged from such trust) have been delivered to the Trustee for
cancellation or (B) all of the Notes (1) have become due and payable by reason of making an unconditional notice of redemption pursuant to Article III of this Indenture or otherwise, (2) will become due and payable at their stated
maturity within one year or (3) if redeemable at the option of the Issuer, are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at
the expense, of the Issuer, and the Issuer has irrevocably deposited or caused to be deposited with the Trustee funds in cash, U.S. Government Obligations or a combination thereof in an amount sufficient (without consideration of any reinvestment of
interest) to pay and discharge the entire Indebtedness on the Notes not theretofore delivered to the Trustee for cancellation, for principal of, premium, if any, and interest on the Notes to, but excluding, the date of maturity or redemption
together with irrevocable instructions from the Issuer directing the Trustee to apply such funds to the payment thereof at maturity or redemption, as the case may be; provided that upon any redemption that requires the payment of the
Applicable Premium, the amount deposited shall be sufficient for purposes of this Indenture to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the notice of redemption, with any
deficit as of the date of the redemption only required to be deposited with the Trustee on or prior to the date of the redemption; 

(ii) the Issuer and/or the Guarantors have paid all other sums payable under this Indenture; and 

(iii) the Issuer has delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel stating that all
conditions precedent under this Indenture relating to the satisfaction and discharge of this Indenture have been complied with. 
 (b)
Subject to Sections 8.01(c) and 8.02, the Issuer at any time may terminate (i) all of its obligations under the Notes and this Indenture with respect to the holders of the Notes (“legal defeasance option”), and (ii) its
obligations under Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07, 4.08, 4.11, 4.12, 4.14 and 4.15, and the operation of Section 5.01 for the benefit of the holders of the Notes, and Sections 6.01(c), 6.01(e), 6.01(f), 6.01(g) (in the case of
Sections 6.01(f) and 6.01(g) with respect to Significant Subsidiaries only), 6.01(h) and 6.01(i) (“covenant defeasance option”). The Issuer may exercise its legal defeasance option notwithstanding its prior exercise of its covenant
defeasance option. If the Issuer exercises its legal defeasance option or its covenant defeasance option, each Guarantor will be released from all of its obligations with respect to its Guarantee. 

If the Issuer exercises its legal defeasance option, payment of the Notes may not be accelerated because of an Event of Default with respect
thereto. If the Issuer exercises its covenant defeasance option, payment of the Notes may not be accelerated because of an Event of Default specified in Sections 6.01(c), 6.01(e), 6.01(f), 6.01(g) (in the case of Sections 6.01(f) and (g), with
respect only to Significant Subsidiaries), 6.01(h) or 6.01(i) or because of the failure of the Issuer to comply with Section 5.01(a)(iv). 

Upon satisfaction of the conditions set forth herein and upon request of the Issuer, the Trustee shall acknowledge in writing the discharge of
those obligations that the Issuer terminates. 

  
 -83- 

 (c) Notwithstanding clauses (a) and (b) above, the Issuer’s obligations in
Sections 2.04, 2.05, 2.06, 2.07, 2.08 and 2.09 and Article VII, including, without limitation, Sections 7.07 and 7.08 and in this Article VIII and the rights and immunities of the Trustee under this Indenture shall survive until the Notes have been
paid in full. Thereafter, the Issuer’s obligations in Sections 7.07, 7.08, 8.05 and 8.06 and the rights and immunities of the Trustee under this Indenture shall survive such satisfaction and discharge. 

SECTION 8.02 Conditions to Defeasance. 

(a) The Issuer may exercise its legal defeasance option or its covenant defeasance option only if: 

(i) the Issuer irrevocably deposits in trust with the Trustee cash in U.S. dollars, U.S. Government Obligations or a
combination thereof sufficient to pay the principal of and premium (if any) and interest on the Notes when due at maturity or redemption, as the case may be; 

(ii) with respect to U.S. Government Obligations or a combination of money and U.S. Government Obligations, the Issuer delivers
to the Trustee a certificate from a nationally recognized firm of independent accountants, a nationally recognized investment bank or a nationally recognized appraisal or valuation firm, expressing their opinion that the payments of principal and
interest when due and without reinvestment on the deposited U.S. Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as will be sufficient to pay principal, premium, if any,
and interest when due on all the Notes to maturity or redemption, as the case may be; provided that upon any redemption that requires the payment of the Applicable Premium, the amount deposited shall be sufficient for purposes of this
Indenture to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the notice of redemption, with any deficit as of the date of the redemption only required to be deposited with the
Trustee on or prior to the date of the redemption; 
 (iii) no Default specified in Section 6.01(f) or (g) with
respect to the Issuer shall have occurred or is continuing on the date of such deposit; 
 (iv) the deposit does not
constitute a default under any other material agreement or instrument binding on the Issuer; 
 (v) the Issuer shall have
delivered to the Trustee in the case of the legal defeasance option, an Opinion of Counsel stating that (1) the Issuer has received from, or there has been published by, the Internal Revenue Service a ruling, or (2) since the date of this
Indenture there has been a change in the applicable U.S. federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the holders will not recognize income, gain or loss for U.S. federal
income tax purposes as a result of such deposit and defeasance and will be subject to U.S. federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit and defeasance had not
occurred. Notwithstanding the foregoing, the Opinion of Counsel required by the immediately preceding sentence with respect to a legal defeasance need not be delivered if all of the Notes not theretofore delivered to the Trustee for cancellation
(x) have become due and payable or (y) will become due and payable at their Stated Maturity within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the
expense, of the Issuer; 
 (vi) such exercise does not impair the right of any holder to receive payment of principal of,
premium, if any, and interest on such holder’s Notes on or after the due dates therefore or to institute suit for the enforcement of any payment on or with respect to such holder’s Notes; 

  
 -84- 

 (vii) in the case of the covenant defeasance option, the Issuer shall have
delivered to the Trustee an Opinion of Counsel to the effect that the holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such deposit and defeasance and will be subject to U.S. federal income tax on
the same amount and in the same manner and at the same times as would have been the case if such deposit and defeasance had not occurred; and 

(viii) the Issuer delivers to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all
conditions precedent to the defeasance and discharge of the Notes to be so defeased and discharged as contemplated by this Article VIII have been complied with. 

(b) Before or after a deposit, the Issuer may make arrangements satisfactory to the Trustee for the redemption of such Notes at a future date
in accordance with Article III. 
 SECTION 8.03 Application of Trust Money. The Trustee shall hold in trust money or U.S. Government
Obligations (including proceeds thereof) deposited with it pursuant to this Article VIII. The Trustee shall apply the deposited money and the money from U.S. Government Obligations through each Paying Agent and in accordance with this Indenture to
the payment of principal of, premium, if any, and interest on the Notes so discharged or defeased. 
 SECTION 8.04 Repayment to
Issuer. Each of the Trustee and each Paying Agent shall promptly turn over to the Issuer upon request any money or U.S. Government Obligations held by it as provided in this Article VIII that, in the written opinion of a nationally recognized
firm of independent public accountants, a nationally recognized investment bank or a nationally recognized appraisal or valuation firm, delivered to the Trustee (which delivery shall only be required if U.S. Government Obligations have been so
deposited), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent discharge or defeasance in accordance with this Article VIII. 

Subject to any applicable abandoned property law, the Trustee and each Paying Agent shall pay to the Issuer upon written request any money
held by them for the payment of principal or interest that remains unclaimed for two years, and, thereafter, holders entitled to the money must look to the Issuer for payment as general creditors, and the Trustee and each Paying Agent shall have no
further liability with respect to such monies. 
 SECTION 8.05 Indemnity for U.S. Government Obligations. The Issuer shall pay and
shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against deposited U.S. Government Obligations or the principal and interest received on such U.S. Government Obligations. 

SECTION 8.06 Reinstatement. If the Trustee or any Paying Agent is unable to apply any money or U.S. Government Obligations in
accordance with this Article VIII by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Issuer’s obligations under
this Indenture and the Notes so discharged or defeased shall be revived and reinstated as though no deposit had occurred pursuant to this Article VIII until such time as the Trustee or any Paying Agent is permitted to apply all such money or U.S.
Government Obligations in accordance with this Article VIII; provided, however, that, if the Issuer has made any payment of principal of, premium, if any, or interest on, any such Notes because of the reinstatement of its obligations,
the Issuer shall be subrogated to the rights of the holders of such Notes to receive such payment from the money or U.S. Government Obligations held by the Trustee or any Paying Agent. 

  
 -85- 

 ARTICLE IX 

AMENDMENTS AND WAIVERS 

SECTION 9.01 Without Consent of the Holders. The Issuer and the Trustee may amend this Indenture, the Notes or the Guarantees without
notice to or the consent of any holder: 
 (1) to cure any ambiguity, omission, mistake, defect or inconsistency; 

(2) to provide for the assumption by a Successor Issuer (with respect to the Issuer) of the obligations of the Issuer under
this Indenture and the Notes; 
 (3) to provide for the assumption by a Successor Guarantor (with respect to any Guarantor)
of the obligations of a Guarantor under this Indenture and its Guarantee; 
 (4) to provide for uncertificated Notes in
addition to or in place of certificated Notes, provided, however, that the uncertificated Notes are issued in registered form for purposes of Section 163(f) of the Code, or in a manner such that the uncertificated notes are
described in Section 163(f)(2)(B) of the Code; 
 (5) to conform the text of this Indenture, the Notes or the Guarantees
to any provision of the “Description of the Notes” in the Offering Memorandum to the extent that such provision in this Indenture, the Notes or the Guarantees was intended by the Issuer to be a verbatim recitation of a provision in the
“Description of the Notes” in the Offering Memorandum, as stated in an Officer’s Certificate; 
 (6) to add a
Guarantee with respect to the Notes; 
 (7) to add collateral to secure the Notes; 

(8) to release a Guarantor or any guarantee of the Notes as permitted by and in accordance with the applicable terms of this
Indenture; 
 (9) to add to the covenants of the Issuer for the benefit of the holders or to surrender any right or power
herein conferred upon the Issuer; 
 (10) to make any change that does not adversely affect the rights of any holder in any
material respect; 
 (11) to provide for the appointment of a successor Trustee as permitted by and in accordance with the
applicable terms of this Indenture; or 
 (12) to effect any provisions of this Indenture or to make changes to this
Indenture to provide for the issuance of Additional Notes. 
 SECTION 9.02 With Consent of the Holders. The Issuer and the Trustee
may amend this Indenture, the Notes and the Guarantees, and any past Default or compliance with any provisions of this Indenture, the Notes or the Guarantees may be waived, with the consent of the Issuer and the holders of at least a majority in
principal amount of the Notes then outstanding voting as a single class. However, without the consent of each holder of an outstanding Note affected, no amendment or waiver may: 

(1) reduce the amount of Notes whose holders must consent to an amendment; 

  
 -86- 

 (2) reduce the rate of or extend the time for payment of interest on any Note;

 (3) reduce the principal of or change the Stated Maturity of any Note; 

(4) reduce the premium payable upon the redemption of any Note or change the time at which any Note may be redeemed in
accordance with Article III (other than provisions relating to notice periods); 
 (5) make any Note payable in money other
than that stated in such Note; 
 (6) expressly subordinate the Notes or any Guarantee to any other Indebtedness of the
Issuer or any Guarantor; 
 (7) impair the right of any holder to receive payment of principal of, premium, if any, and
interest on such holder’s Notes on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such holder’s Notes; or 

(8) make any change in the amendment provisions which require each holder’s consent or in the waiver provisions. 

It shall not be necessary for the consent of the holders under this Section 9.02 to approve the particular form of any proposed
amendment, but it shall be sufficient if such consent approves the substance thereof. 
 After an amendment under this Section 9.02
becomes effective, the Issuer shall mail, or otherwise deliver in accordance with the procedures of the Depository, to the holders a notice briefly describing such amendment. The failure to give such notice to all holders, or any defect therein,
shall not impair or affect the validity of an amendment under this Section 9.02. 
 SECTION 9.03 Revocation and Effect of Consents
and Waivers. 
 (a) A consent to an amendment or a waiver by a holder of a Note shall bind the holder and every subsequent holder of
that Note or portion of the Note that evidences the same debt as the consenting holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such holder or subsequent holder may revoke the consent or waiver as
to such holder’s Note or portion of the Note if the Trustee receives the notice of revocation before the date on which the Trustee receives an Officer’s Certificate from the Issuer certifying that the requisite principal amount of Notes
have consented. After an amendment or waiver becomes effective, it shall bind every holder. An amendment or waiver becomes effective upon the (i) receipt by the Issuer or the Trustee of consents by the holders of the requisite principal amount
of securities, (ii) satisfaction of conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such amendment or waiver (or supplemental
indenture) by the Issuer, the Guarantors and the Trustee. 
 (b) The Issuer may, but shall not be obligated to, fix a record date for the
purpose of determining the holders entitled to give their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding
paragraph, those Persons who were holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not
such Persons continue to be holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 

  
 -87- 

 SECTION 9.04 Notation on or Exchange of Notes. If an amendment, supplement or waiver
changes the terms of a Note, the Issuer may require the holder of the Note to deliver it to the Trustee. The Trustee may place an appropriate notation on the Note regarding the changed terms and return it to the holder. Alternatively, if the Issuer
or the Trustee so determine, the Issuer in exchange for the Note shall issue and, upon written order of the Issuer signed by an Officer, the Trustee shall authenticate a new Note that reflects the changed terms. Failure to make the appropriate
notation or to issue a new Note shall not affect the validity of such amendment, supplement or waiver. 
 SECTION 9.05 Trustee to Sign
Amendments. The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article IX if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may
but need not sign it. In signing such amendment, the Trustee shall receive indemnity satisfactory to it and shall be provided with, and (subject to Section 7.01) shall be fully protected in conclusively relying upon, (i) an Officer’s
Certificate, (ii) an Opinion of Counsel stating that such amendment, supplement or waiver is authorized or permitted by this Indenture and that such amendment, supplement or waiver is the legal, valid and binding obligation of the Issuer and
any Guarantors, enforceable against them in accordance with its terms, subject to customary exceptions, and complies with the provisions hereof and (iii) if such amendment, supplement or waiver is executed pursuant to Section 9.02,
evidence reasonably satisfactory to the Trustee of the consent of the holders required to consent thereto. 
 SECTION 9.06 Additional
Voting Terms; Calculation of Principal Amount. All Notes issued under this Indenture shall vote and consent together on all matters (as to which any of such Notes may vote) as one class and no Notes will have the right to vote or consent as a
separate class on any matter. Determinations as to whether holders of the requisite aggregate principal amount of Notes have concurred in any direction, waiver or consent shall be made in accordance with this Article IX and Section 2.13. 

ARTICLE X 
 GUARANTEE

 SECTION 10.01 Guarantee. 

(a) Each Guarantor hereby jointly and severally guarantees, on an unsecured, unsubordinated basis, as a primary obligor and not merely as a
surety, to each holder and to the Trustee and its successors and assigns the performance and punctual payment when due, whether at Stated Maturity, by acceleration or otherwise, of all obligations of the Issuer under this Indenture and the Notes,
whether for payment of principal of, premium, if any, or interest on the Notes, expenses, indemnification or otherwise (all the foregoing being hereinafter collectively called the “Guaranteed Obligations”). Each Guarantor further
agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from any Guarantor, and that each Guarantor shall remain bound under this Article X notwithstanding any extension or renewal of
any Guaranteed Obligation. 
 (b) Each Guarantor waives presentation to, demand of payment from and protest to the Issuer of any of the
Guaranteed Obligations and also waives notice of protest for nonpayment. Each Guarantor waives notice of any default under the Notes or the Guaranteed Obligations. The Guarantee of each Guarantor hereunder shall not be affected by (i) the
failure of any holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Issuer or any other Person under this Indenture, 

  
 -88- 

 
the Notes or any other agreement or otherwise; (ii) any extension or renewal of this Indenture, the Notes or any other agreement; (iii) any rescission, waiver, amendment or modification
of any of the terms or provisions of this Indenture, the Notes or any other agreement; (iv) the release of any security held by any holder or the Trustee for the Guaranteed Obligations or each Guarantor; (v) the failure of any holder or
Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations; or (vi) any change in the ownership of each Guarantor, except as provided in Section 10.02(b). Each Guarantor hereby waives any right to
which it may be entitled to have its Guarantee hereunder divided among the Guarantors, such that such Guarantor’s Guarantee would be less than the full amount claimed. 

(c) Each Guarantor hereby waives any right to which it may be entitled to have the assets of the Issuer first be used and depleted as payment
of the Issuer’s obligations under this Indenture and the Notes or such Guarantor’s Guarantee hereunder prior to any amounts being claimed from or paid by such Guarantor hereunder. Each Guarantor hereby waives any right to which it may be
entitled to require that the Issuer be sued prior to an action being initiated against such Guarantor. 
 (d) Each Guarantor further agrees
that its Guarantee herein constitutes a guarantee of payment and performance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any holder or the Trustee to any security held for payment of the
Guaranteed Obligations. 
 (e) The Guarantee of each Guarantor is, to the extent and in the manner set forth in this Article X, equal in
right of payment to all existing and future Pari Passu Indebtedness and senior in right of payment to all existing and future Subordinated Indebtedness of such Guarantor. 

(f) Except as expressly set forth in Sections 8.01(b), 10.02 and 10.06, the Guarantee of each Guarantor hereunder shall not be subject to any
reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by
reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the Guarantee of each Guarantor herein shall not be discharged or impaired or otherwise affected
by the failure of any holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Notes or any other agreement, by any waiver or modification of any thereof, by any default, failure or delay, willful or
otherwise, in the performance of the Guaranteed Obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise operate
as a discharge of any Guarantor as a matter of law or equity. 
 (g) Each Guarantor agrees that its Guarantee shall remain in full force and
effect until payment in full of all the Guaranteed Obligations of such Guarantor. Each Guarantor further agrees that its Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part
thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any holder or the Trustee upon the bankruptcy or reorganization of the Issuer or otherwise. 

(h) In furtherance of the foregoing and not in limitation of any other right which any holder or the Trustee has at law or in equity against
any Guarantor by virtue hereof, upon the failure of the Issuer to pay the principal of or interest on any Guaranteed Obligation when and as the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, or to perform or
comply with any other Guaranteed Obligation, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the holders or the Trustee an amount equal to

  
 -89- 

 
the sum of (i) the unpaid principal amount of such Guaranteed Obligations, (ii) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent not prohibited by
applicable law) and (iii) all other monetary obligations of the Issuer to the holders and the Trustee under this Indenture and the Notes. 

(i) Each Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the holders in respect of any Guaranteed
Obligations guaranteed hereby until payment in full of all Guaranteed Obligations. Each Guarantor further agrees that, as between it, on the one hand, and the holders and the Trustee, on the other hand, (i) the maturity of the Guaranteed
Obligations guaranteed hereby may be accelerated as provided in Article VI for the purposes of the Guarantee herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations
guaranteed hereby, and (ii) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article VI, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by the
Guarantors for the purposes of this Section 10.01. 
 (j) Each Guarantor also agrees to pay any and all expenses (including reasonable
attorneys’ fees and expenses) incurred by the Trustee in enforcing any rights under this Section 10.01. 
 (k) Upon request of the
Trustee, each Guarantor shall execute and deliver such further instruments and do such further acts as may be reasonably necessary to carry out more effectively the purpose of this Indenture. 

SECTION 10.02 Limitation on Liability. 

(a) Any term or provision of this Indenture to the contrary notwithstanding, the maximum aggregate amount of the Guaranteed Obligations
guaranteed hereunder by each Guarantor shall not exceed the maximum amount that can be hereby guaranteed by the applicable Guarantor without rendering the Guarantee, as it relates to such Guarantor, voidable under applicable law relating to
fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally or capital maintenance or corporate benefit rules applicable to guarantees for obligations of affiliates. 

(b) A Guarantee as to any Guarantor shall automatically terminate and be of no further force or effect and such Guarantor shall be
automatically released from all obligations under this Article X upon: 
 (i) the sale, disposition, exchange or other
transfer (including through merger, consolidation, amalgamation or otherwise) of the Capital Stock (including any sale, disposition or other transfer following which the applicable Guarantor is no longer a Restricted Subsidiary), of the applicable
Guarantor if such sale, disposition, exchange or other transfer is made in a manner not in violation of this Indenture; 

(ii) the designation of such Guarantor as an Unrestricted Subsidiary in accordance with the provisions of Section 4.04 and
the definition of “Unrestricted Subsidiary”; 
 (iii) the Issuer’s exercise of its legal defeasance option or
covenant defeasance option under Article VIII or if the Issuer’s obligations under this Indenture are discharged in accordance with the terms of this Indenture; or 

(iv) such Restricted Subsidiary ceasing to be a Subsidiary as a result of any foreclosure of any pledge or security interest
securing Credit Facility Indebtedness or other exercise of remedies in respect thereof. 

  
 -90- 

 SECTION 10.03 Successors and Assigns. This Article X shall be binding upon each Guarantor
and its successors and assigns and shall inure to the benefit of and be enforceable by the successors and assigns of the Trustee and the holders and, in the event of any transfer or assignment of rights by any holder or the Trustee, the rights and
privileges conferred upon that party in this Indenture and in the Notes shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

SECTION 10.04 No Waiver. Neither a failure nor a delay on the part of either the Trustee or the holders in exercising any right, power
or privilege under this Article X shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and the
holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article X at law, in equity, by statute or otherwise. 

SECTION 10.05 Modification. No modification, amendment or waiver of any provision of this Article X, nor the consent to any departure
by any Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No
notice to or demand on any Guarantor in any case shall entitle any Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

SECTION 10.06 Execution of Supplemental Indenture for Future Guarantors. Each Subsidiary which is required to become a Guarantor of the
Notes pursuant to Section 4.11 shall, within the time period set forth therein, execute and deliver to the Trustee a supplemental indenture substantially in the form of Exhibit C hereto pursuant to which such Subsidiary shall become a
Guarantor under this Article X and shall guarantee the Guaranteed Obligations. Concurrently with the execution and delivery of such supplemental indenture, the Issuer shall deliver to the Trustee an Opinion of Counsel and an Officer’s
Certificate certifying that such supplemental indenture has been duly authorized, executed and delivered by such Subsidiary and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other
similar laws relating to creditors’ rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, and subject to other customary exceptions, the Guarantee of such Guarantor is a valid and binding
obligation of such Guarantor, enforceable against such Guarantor in accordance with its terms. 
 SECTION 10.07 Non-Impairment. The
failure to endorse a Guarantee on any Note shall not affect or impair the validity thereof. 
 ARTICLE XI 

MISCELLANEOUS 
 SECTION
11.01 Trust Indenture Act Controls. Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in (an “incorporated provision”) and made a part of this Indenture. If and to the extent that
any provision of this Indenture limits, qualifies or conflicts with the duties imposed by an incorporated provision of the TIA, such imposed duties or incorporated provision shall control. 

  
 -91- 

 SECTION 11.02 Notices. 

(a) Any notice or communication required or permitted hereunder shall be in writing and delivered in person, via facsimile or mailed by
first-class mail addressed as follows: 
 if to the Issuer or a Guarantor: 

c/o TriMas Corporation 
 38505
Woodward Avenue, Suite 200 
 Bloomfield Hills, MI 48304 

Facsimile: (248) 631-5450 

Attention: General Counsel 
 with
a copy to: 
 Cahill Gordon & Reindel LLP 

80 Pine Street 
 New York, NY
10038 
 Facsimile: (212) 378-2545 

Attention: Kimberly C. Petillo-Décossard 

if to the Trustee: 
 Wells Fargo
Bank, National Association 
 150 East 42nd Street 

40th Floor 
 New York, NY 10017

 Facsimile: (917) 260-1593 

Attention: Corporate, Municipal and Escrow Services 

The Issuer or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or communications. 

(b) Any notice or communication mailed to a holder shall be mailed, by first class mail, to the holder at the holder’s address as it
appears on the registration books of the Registrar and shall be sufficiently given if so mailed within the time prescribed. 
 (c) Failure
to mail a notice or communication to a holder or any defect in it shall not affect its sufficiency with respect to other holders. If a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee
receives it, except that notices to the Trustee are effective only if received. 
 The Trustee may, in its sole discretion, agree to accept
and act upon instructions or directions pursuant to this Indenture sent by e-mail, facsimile transmission or other similar electronic methods. If the party elects to give the Trustee e-mail or facsimile instructions (or instructions by a similar
electronic method) and the Trustee in its discretion elects to act upon such instructions, the Trustee’s understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising
directly or indirectly from the Trustee’s reliance upon and compliance with such instructions notwithstanding such instructions conflict or are inconsistent with a subsequent written instruction. The party providing electronic instructions
agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk or interception
and misuse by third parties. 

  
 -92- 

 Notwithstanding anything to the contrary contained herein, as long as the Notes are in the form
of a Global Note, notice to the holders may be made electronically in accordance with procedures of the Depository. 
 SECTION 11.03
Communication by the Holders with Other Holders. The holders may communicate pursuant to Section 312(b) of the TIA with other holders with respect to their rights under this Indenture or the Notes. The Issuer, the Trustee, the Registrar
and other Persons shall have the protection of Section 312(c) of the TIA. 
 SECTION 11.04 Certificate and Opinion as to Conditions
Precedent. Upon any request or application by the Issuer to the Trustee to take or refrain from taking any action under this Indenture, the Issuer shall furnish to the Trustee at the request of the Trustee: 

(a) an Officer’s Certificate in form reasonably satisfactory to the Trustee stating that, in the opinion of the signer,
all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(b) except upon the issuance of the Initial Notes, an Opinion of Counsel in form reasonably satisfactory to the Trustee stating
that, in the opinion of such counsel, all such conditions precedent have been complied with. 
 SECTION 11.05 Statements Required in
Certificate or Opinion. Each certificate or opinion with respect to compliance with a covenant or condition provided for in this Indenture (other than pursuant to Section 4.09) shall include: 

(a) a statement that the individual making such certificate or opinion has read such covenant or condition; 

(b) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of such individual, he has made
such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(d) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied with;
provided, however, that with respect to matters of fact an Opinion of Counsel may rely on an Officer’s Certificate or certificates of public officials. 

SECTION 11.06 When Notes Disregarded. In determining whether the holders of the required principal amount of Notes have concurred in
any direction, waiver or consent, Notes owned by the Issuer, the Guarantors or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuer or the Guarantors shall be disregarded and
deemed not to be outstanding, except that, for the purpose of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes which the Trustee actually knows are so owned shall be so disregarded.
Subject to the foregoing, only Notes outstanding at the time shall be considered in any such determination. 
 SECTION 11.07 Rules by
Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of the holders. The Registrar and a Paying Agent may make reasonable rules for their functions. 

  
 -93- 

 SECTION 11.08 Legal Holidays. If a payment date is not a Business Day, payment shall be
made on the next succeeding day that is a Business Day, and no interest shall accrue on any amount that would have been otherwise payable on such payment date if it were a Business Day for the intervening period. If a regular Record Date is not a
Business Day, the Record Date shall not be affected. 
 SECTION 11.09 GOVERNING LAW. THIS INDENTURE, THE NOTES AND THE GUARANTEES
SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 11.10 No Recourse Against
Others. No director, officer, employee, manager, incorporator or holder of any Equity Interests in the Issuer or any direct or indirect parent company of the Issuer, as such, shall have any liability for any obligations of the Issuer or any
Guarantor under the Notes, the Guarantees or this Indenture, as applicable, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder of Notes by accepting a Note waives and releases all such
liability. The waiver and release are part of the consideration for issuance of the Notes. 
 SECTION 11.11 Successors. All
agreements of the Issuer and the Guarantors in this Indenture and the Notes shall bind such person’s successors. All agreements of the Trustee in this Indenture shall bind its successors. 

SECTION 11.12 Multiple Originals. The parties may sign any number of copies of this Indenture. Each signed copy shall be an original,
but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. Notwithstanding the foregoing, the exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall
constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture and signature pages for all purposes. 

SECTION 11.13 Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and Sections of
this Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof. 

SECTION 11.14 Indenture Controls. If and to the extent that any provision of the Notes limits, qualifies or conflicts with a provision
of this Indenture, such provision of this Indenture shall control. 
 SECTION 11.15 Severability. In case any provision in this
Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent of such
invalidity, illegality or unenforceability. 
 SECTION 11.16 Waiver of Jury Trial. EACH OF THE ISSUER, THE GUARANTORS AND THE TRUSTEE
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 

SECTION 11.17 U.S.A. Patriot Act. The parties hereto acknowledge that in accordance with Section 326 of the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (“U.S.A. Patriot Act”), the Trustee, like all
financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that 

  
 -94- 

 
identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture 

agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the U.S.A. Patriot
Act. 
 [Remainder of page intentionally left blank.] 

  
 -95- 

 IN WITNESS WHEREOF, the parties have caused this Indenture to be duly executed as of the date
first written above. 
  

			
	COMPANY: 
	
	TRIMAS CORPORATION
		
	By:	 	/s/ Robert J. Zalupski
		 	Name:   Robert J. Zalupski
		 	Title:     Chief Financial Officer
	
	GUARANTORS:
	
	 AEROSPACE FINANCE HOLDINGS LLC

ALLFAST FASTENING SYSTEMS, LLC
 ARMINAK & ASSOCIATES,
LLC
 ARROW ENGINE COMPANY
 COMPAC CORPORATION

INNOVATIVE MOLDING
 LAMONS GASKET COMPANY

MAC FASTENERS, INC.
 MARTINIC ENGINEERING, INC.

MONOGRAM AEROSPACE FASTENERS, INC.
 NI INDUSTRIES, INC.

NORRIS CYLINDER COMPANY
 NORRIS TOOLING LLC

RIEKE-ARMINAK CORP.
 RIEKE CORPORATION

RIEKE LEASING CO., INCORPORATED
 TRIMAS COMPANY LLC

TRIMAS INTERNATIONAL HOLDINGS LLC

		
	By:	 	/s/ Robert J. Zalupski
		 	Name:   Robert J. Zalupski
		 	Title:     Chief Financial Officer

  
 [Signature Page to
Indenture] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee 
		
	By:	 	/s/ Patrick Giordano
		 	Name: Patrick Giordano
		 	Title: Vice President

  
 [Signature Page to
Indenture] 

 APPENDIX A 

PROVISIONS RELATING TO INITIAL NOTES AND ADDITIONAL NOTES 

1. Definitions. 
 1.1
Definitions. 
 For the purposes of this Appendix A the following terms shall have the meanings indicated below: 

“Definitive Note” means a certificated Initial Note or Additional Note (bearing the Restricted Notes Legend if the transfer of
such Note is restricted by applicable law) that does not include the Global Notes Legend. 
 “Depository” means The
Depository Trust Company, its nominees and their respective successors. 
 “Global Notes Legend” means the legend set forth
under that caption in the applicable Exhibit to this Indenture. 
 “Initial Purchasers” means Merrill Lynch, Pierce,
Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Deutsche Bank Securities, Inc., Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., BMO Capital Markets Corp., Citizens Capital Markets, Inc. and HSBC Securities (USA) Inc.

 “Notes Custodian” means the custodian with respect to a Global Note (as appointed by the Depository) or any successor
person thereto, who shall initially be the Trustee. 
 “QIB” means a “qualified institutional buyer” as defined
in Rule 144A. 
 “Regulation S” means Regulation S under the Securities Act. 

“Regulation S Notes” means all Initial Notes offered and sold outside the United States in reliance on Regulation S. 

“Restricted Notes Legend” means the applicable legend set forth in Section 2.2(f)(i) herein. 

“Restricted Period,” with respect to any Notes, means the period of 40 consecutive days beginning on and including the later
of (a) the day on which such Notes are first offered to persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S, notice of which day shall be promptly given by the Issuer to the Trustee,
and (b) the Issue Date, and with respect to any Additional Notes that are Transfer Restricted Notes, it means the comparable period of 40 consecutive days. 

“Rule 144” means Rule 144 under the Securities Act. 

“Rule 144A” means Rule 144A under the Securities Act. 

“Rule 144A Notes” means all Initial Notes offered and sold to QIBs in reliance on Rule 144A. 

  
 Appendix A-1 

 “Transfer Restricted Definitive Notes” means Definitive Notes that bear or are
required to bear or are subject to the Restricted Notes Legend. 
 “Transfer Restricted Global Notes” means Global Notes
that bear or are required to bear or are subject to the Restricted Notes Legend. 
 “Transfer Restricted Notes” means the
Transfer Restricted Definitive Notes and Transfer Restricted Global Notes. 
 “Unrestricted Definitive Notes” means
Definitive Notes that are not required to bear, or are not subject to, the Restricted Notes Legend. 
 “Unrestricted Global
Notes” means Global Notes that are not required to bear, or are not subject to, the Restricted Notes Legend. 
 1.2 Other
Definitions. 
  

					
		 	Term:	  	Defined in Section:
		 	Agent Members	  	2.1(b)
		 	Clearstream	  	2.1(b)
		 	Euroclear	  	2.1(b)
		 	Global Notes	  	2.1(b)
		 	Regulation S Global Notes	  	2.1(b)
		 	Rule 144A Global Notes	  	2.1(b)

 2. The Notes. 

2.1 Form and Dating; Global Notes. 

(a) The Initial Notes issued on the date hereof will be (i) privately placed by the Issuer pursuant to the Offering Memorandum and
(ii) sold, initially only to (1) persons reasonably believed to be QIBs in reliance on Rule 144A and (2) Persons other than U.S. Persons (as defined in Regulation S) in reliance on Regulation S. Such Initial Notes may thereafter be
transferred to, among others, QIBs and purchasers in reliance on Regulation S. Additional Notes offered after the date hereof may be offered and sold by the Issuer from time to time pursuant to one or more agreements in accordance with applicable
law. 
 (b) Global Notes. (i) Except as provided in clause (d) of Section 2.2 below, Rule 144A Notes initially shall
be represented by one or more Notes in definitive, fully registered, global form without interest coupons (collectively, the “Rule 144A Global Notes”). 

Regulation S Notes shall be represented by one or more Notes in fully registered, global form without interest coupons (collectively, the
“Regulation S Global Notes”), which shall be registered in the name of the Depository or the nominee of the Depository for the accounts of designated agents holding on behalf of Euroclear Bank SA/NV, as operator of the Euroclear
system (“Euroclear”) or Clearstream Banking, société anonyme (“Clearstream”). 
 The
aggregate principal amount of the Regulation S Global Note may from time to time be increased or decreased by adjustments made on the records of the Trustee and the Depository or its nominee, as the case may be, in connection with transfers of
interest as hereinafter provided. 

  
 Appendix A-2 

 The provisions of the “Operating Procedures of the Euroclear System” and “Terms
and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream shall be applicable to transfers of beneficial interests in the Regulation S
Global Notes that are held by direct or indirect participants through Euroclear or Clearstream. 
 The term “Global Notes”
means the Rule 144A Global Notes and the Regulation S Global Notes. The Global Notes shall bear the Global Note Legend. The Global Notes initially shall (i) be registered in the name of the Depository or the nominee of such Depository, in each
case for credit to an account of an Agent Member, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear the Restricted Notes Legend. 

Members of, or direct or indirect participants in, the Depository (collectively, the “Agent Members”) shall have no rights
under this Indenture with respect to any Global Note held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Notes. 

The Depository may be treated by the Issuer, the Trustee and any agent of the Issuer or the Trustee as the sole owner of the Global Notes for
all purposes under the Indenture and the Notes. Notwithstanding the foregoing, nothing herein shall prevent the Issuer, the Trustee or any agent of the Issuer or the Trustee from giving effect to any written certification, proxy or other
authorization furnished by the Depository, or impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any Note. 

(ii) Transfers of Global Notes shall be limited to transfer in whole, but not in part, to the Depository, its successors or their respective
nominees. Interests of beneficial owners in the Global Notes may be transferred or exchanged for Definitive Notes only in accordance with the applicable rules and procedures of the Depository and the provisions of Section 2.2. In addition, a
Global Note shall be exchangeable for Definitive Notes if (x) the Depository (1) notifies the Issuer at any time that it is unwilling or unable to continue as depositary for such Global Note and a successor depositary is not appointed
within 90 days or (2) has ceased to be a clearing agency registered under the Exchange Act and a successor depositary is not appointed within 90 days, (y) the Issuer, at its option, notifies the Trustee that the Issuer elects to cause the
issuance of Definitive Notes or (z) there shall have occurred and be continuing an Event of Default with respect to such Global Note and a request has been made for such exchange. In all cases, Definitive Notes delivered in exchange for any
Global Note or beneficial interests therein shall be registered in the names, and issued in any approved denominations, requested by or on behalf of the Depository in accordance with its customary procedures. 

(iii) In connection with the transfer of a Global Note as an entirety to beneficial owners pursuant to subsection (ii) of this
Section 2.1(b), such Global Note shall be deemed to be surrendered to the Trustee for cancellation, and the Issuer shall execute, and, upon written order of the Issuer signed by an Officer, the Trustee shall authenticate and make available for
delivery, to each beneficial owner identified by the Depository in writing in exchange for its beneficial interest in such Global Note, an equal aggregate principal amount of Definitive Notes of authorized denominations. 

(iv) Any Transfer Restricted Note delivered in exchange for an interest in a Global Note pursuant to Section 2.2 shall, except as
otherwise provided in Section 2.2, bear the Restricted Notes Legend. 
 (v) Notwithstanding the foregoing, through the Restricted
Period, a beneficial interest in a Regulation S Global Note may be held only through Euroclear or Clearstream unless delivery is made in accordance with the applicable provisions of Section 2.2. 

  
 Appendix A-3 

 (vi) The holder of any Global Note may grant proxies and otherwise authorize any Person,
including Agent Members and Persons that may hold interests through Agent Members, to take any action which a holder is entitled to take under this Indenture or the Notes. 

2.2 Transfer and Exchange. 

(a) Transfer and Exchange of Global Notes. A Global Note may not be transferred as a whole except as set forth in Section 2.1(b).
Global Notes will not be exchanged by the Issuer for Definitive Notes except under the circumstances described in Section 2.1(b)(ii). Global Notes also may be exchanged or replaced, in whole or in part, as provided in Section 2.08 of this
Indenture. Beneficial interests in a Global Note may be transferred and exchanged as provided in Section 2.2(b). 
 (b) Transfer and
Exchange of Beneficial Interests in Global Notes. The transfer and exchange of beneficial interests in the Global Notes shall be effected through the Depository, in accordance with the provisions of this Indenture and the applicable rules and
procedures of the Depository. Beneficial interests in Transfer Restricted Global Notes shall be subject to restrictions on transfer comparable to those set forth herein. Beneficial interests in Global Notes shall be transferred or exchanged only for
beneficial interests in Global Notes. Transfers and exchanges of beneficial interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other
following subparagraphs, as applicable: 
 (i) Transfer of Beneficial Interests in the Same Global Note. Beneficial
interests in any Transfer Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Transfer Restricted Global Note in accordance with the transfer restrictions set forth in the
Restricted Notes Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S.
Person. A beneficial interest in an Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be
delivered to the Registrar to effect the transfers described in this Section 2.2(b)(i). 
 (ii) All Other Transfers
and Exchanges of Beneficial Interests in Global Notes. In connection with all transfers and exchanges of beneficial interests in any Global Note that is not subject to Section 2.2(b)(i), the transferor of such beneficial interest must
deliver to the Registrar (1) a written order from an Agent Member given to the Depository in accordance with the applicable rules and procedures of the Depository directing the Depository to credit or cause to be credited a beneficial interest
in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the applicable rules and procedures of the Depository containing information regarding the Agent
Member account to be credited with such increase. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Notes contained in this Indenture and the Notes or otherwise applicable under the Securities
Act, the Trustee shall adjust the principal amount of the relevant Global Note pursuant to Section 2.2(g). 
 (iii)
Transfer of Beneficial Interests to Another Restricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer
Restricted Global Note if the transfer complies with the requirements of Section 2.2(b)(ii) above and the Registrar receives the following: 

(A) if the transferee will take delivery in the form of a beneficial interest in a Rule 144A Global Note, then the transferor
must deliver a certificate in the form attached to the applicable Note; and 

  
 Appendix A-4 

 (B) if the transferee will take delivery in the form of a beneficial interest in
a Regulation S Global Note, then the transferor must deliver a certificate in the form attached to the applicable Note. 

(iv) Transfer and Exchange of Beneficial Interests in a Transfer Restricted Global Note for Beneficial Interests in an
Unrestricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Note or transferred to a Person who takes delivery thereof in the form of
a beneficial interest in an Unrestricted Global Note if the exchange or transfer complies with the requirements of Section 2.2(b)(ii) above and the Registrar receives the following: 

(A) if the holder of such beneficial interest in a Transfer Restricted Global Note proposes to exchange such beneficial
interest for a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note; or 

(B) if the holder of such beneficial interest in a Transfer Restricted Global Note proposes to transfer such beneficial
interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note, 

and, in each such case, if the Issuer or the Registrar so request or if the applicable rules and procedures of the Depository so require, an
Opinion of Counsel in form reasonably acceptable to the Issuer and the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act (other than Rule 144) and that the restrictions on transfer contained herein and
in the Restricted Notes Legend are no longer required in order to maintain compliance with the Securities Act. If any such transfer or exchange is effected pursuant to this subparagraph (iv) at a time when an Unrestricted Global Note has not
yet been issued, the Issuer shall issue and, upon receipt of an written order of the Issuer in the form of an Officer’s Certificate in accordance with Section 2.01 of the Indenture, the Trustee shall authenticate one or more Unrestricted
Global Notes in an aggregate principal amount equal to the aggregate principal amount of beneficial interests transferred or exchanged pursuant to this subparagraph (iv). 

(v) Transfer and Exchange of Beneficial Interests in an Unrestricted Global Note for Beneficial Interests in a Transfer
Restricted Global Note. Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a beneficial interest in a Transfer Restricted Global Note. 

(c) Transfer and Exchange of Beneficial Interests in Global Notes for Definitive Notes. A beneficial interest in a Global Note may not
be exchanged for a Definitive Note except under the circumstances described in Section 2.1(b)(ii). A beneficial interest in a Global Note may not be transferred to a Person who takes delivery thereof in the form of a Definitive Note except
under the circumstances described in Section 2.1(b)(ii). In any case, beneficial interests in Global Notes shall be transferred or exchanged only for Definitive Notes. 

  
 Appendix A-5 

 (d) Transfer and Exchange of Definitive Notes for Beneficial Interests in Global Notes.
Transfers and exchanges of Definitive Notes for beneficial interests in the Global Notes also shall require compliance with either subparagraph (i), (ii) or (iii) below, as applicable: 

(i) Transfer Restricted Definitive Notes to Beneficial Interests in Transfer Restricted Global Notes. If any holder of a
Transfer Restricted Definitive Note proposes to exchange such Transfer Restricted Definitive Note for a beneficial interest in a Transfer Restricted Global Note or to transfer such Transfer Restricted Definitive Note to a Person who takes delivery
thereof in the form of a beneficial interest in a Transfer Restricted Global Note, then, upon receipt by the Registrar of the following documentation: 

(A) if the holder of such Transfer Restricted Definitive Note proposes to exchange such Transfer Restricted Note for a
beneficial interest in a Transfer Restricted Global Note, a certificate from such holder in the form attached to the applicable Note; 

(B) if such Transfer Restricted Definitive Note is being transferred to a QIB in accordance with Rule 144A under the Securities
Act, a certificate from such holder in the form attached to the applicable Note; 
 (C) if such Transfer Restricted
Definitive Note is being transferred to a Non U.S. Person (as defined in Regulation S) in an offshore transaction in accordance with Rule 903 or Rule 904 under the Securities Act, a certificate from such holder in the form attached to the applicable
Note; 
 (D) if such Transfer Restricted Definitive Note is being transferred in reliance on an exemption from the
registration requirements of the Securities Act other than those listed in subparagraphs (B) through (C) above or Rule 144, a certificate from such holder in the form attached to the applicable Note, including the certifications,
certificates and Opinion of Counsel, if applicable; or 
 (E) if such Transfer Restricted Definitive Note is being
transferred to the Issuer or a Subsidiary thereof, a certificate from such holder in the form attached to the applicable Note; 
 the Trustee
shall cancel the Transfer Restricted Definitive Note, and increase or cause to be increased the aggregate principal amount of the appropriate Transfer Restricted Global Note. 

(ii) Transfer Restricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A holder of a Transfer
Restricted Definitive Note may exchange such Transfer Restricted Definitive Note for a beneficial interest in an Unrestricted Global Note or transfer such Transfer Restricted Definitive Note to a Person who takes delivery thereof in the form of a
beneficial interest in an Unrestricted Global Note only if the Registrar receives the following: 
 (A) if the holder of such
Transfer Restricted Definitive Note proposes to exchange such Transfer Restricted Definitive Note for a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note; or 

(B) if the holder of such Transfer Restricted Definitive Notes proposes to transfer such Transfer Restricted Definitive Note to
a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note, 

  
 Appendix A-6 

 and, in each such case, if the Issuer or the Registrar so request or if the applicable rules and
procedures of the Depository so require, an Opinion of Counsel in form reasonably acceptable to the Issuer and the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act (other than Rule 144) and that the
restrictions on transfer contained herein and in the Restricted Notes Legend are no longer required in order to maintain compliance with the Securities Act. Upon satisfaction of the conditions of this subparagraph (ii), the Trustee shall cancel the
Transfer Restricted Definitive Notes and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Note. If any such transfer or exchange is effected pursuant to this subparagraph (ii) at a time when an
Unrestricted Global Note has not yet been issued, the Issuer shall issue and, upon receipt of an written order of the Issuer in the form of an Officer’s Certificate, the Trustee shall authenticate one or more Unrestricted Global Notes in an
aggregate principal amount equal to the aggregate principal amount of Transfer Restricted Notes transferred or exchanged pursuant to this subparagraph (ii). 

(iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A holder of an Unrestricted
Definitive Note may exchange such Unrestricted Definitive Note for a beneficial interest in an Unrestricted Global Note or transfer such Unrestricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial interest in an
Unrestricted Global Note at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the
Unrestricted Global Notes. If any such transfer or exchange is effected pursuant to this subparagraph (iii) at a time when an Unrestricted Global Note has not yet been issued, the Issuer shall issue and, upon receipt of an written order of the
Issuer in the form of an Officer’s Certificate, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the aggregate principal amount of Unrestricted Definitive Notes transferred or
exchanged pursuant to this subparagraph (iii). 
 (iv) Unrestricted Definitive Notes to Beneficial Interests in Transfer
Restricted Global Notes. An Unrestricted Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a beneficial interest in a Transfer Restricted Global Note. 

(e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a holder of Definitive Notes and such holder’s
compliance with the provisions of this Section 2.2(e), the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the requesting holder shall present or surrender to the
Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer in form satisfactory to the Registrar duly executed by such holder or by its attorney, duly authorized in writing. In addition, the requesting holder
shall provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.2(e). 

(i) Transfer Restricted Definitive Notes to Transfer Restricted Definitive Notes. A Transfer Restricted Note may be
transferred to and registered in the name of a Person who takes delivery thereof in the form of a Transfer Restricted Definitive Note if the Registrar receives the following: 

(A) if the transfer will be made pursuant to Rule 144A under the Securities Act, then the transferor must deliver a certificate
in the form attached to the applicable Note; 

  
 Appendix A-7 

 (B) if the transfer will be made pursuant to Rule 903 or Rule 904 under the
Securities Act, then the transferor must deliver a certificate in the form attached to the applicable Note; 
 (C) if the
transfer will be made pursuant to an exemption from the registration requirements of the Securities Act (other than in accordance with Rule 144 under the Securities Act), a certificate in the form attached to the applicable Note; and 

(D) if such transfer will be made to the Issuer or a Subsidiary thereof, a certificate in the form attached to the applicable
Note. 
 (ii) Transfer Restricted Definitive Notes to Unrestricted Definitive Notes. Any Transfer Restricted
Definitive Note may be exchanged by the holder thereof for an Unrestricted Definitive Note or transferred to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note if the Registrar receives the following: 

(A) if the holder of such Transfer Restricted Definitive Note proposes to exchange such Transfer Restricted Definitive Note for
an Unrestricted Definitive Note, a certificate from such holder in the form attached to the applicable Note; or 
 (B) if the
holder of such Transfer Restricted Definitive Note proposes to transfer such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such holder in the form attached to the applicable
Note, 
 and, in each such case, if the Issuer or the Registrar so request, an Opinion of Counsel in form reasonably acceptable to the Issuer
and the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act (other than Rule 144) and that the restrictions on transfer contained herein and in the Restricted Notes Legend are no longer required in order
to maintain compliance with the Securities Act. 
 (iii) Unrestricted Definitive Notes to Unrestricted Definitive
Notes. A holder of an Unrestricted Definitive Note may transfer such Unrestricted Definitive Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note at any time. Upon receipt of a request to register such a
transfer, the Registrar shall register the Unrestricted Definitive Notes pursuant to the instructions from the holder thereof. 

(iv) Unrestricted Definitive Notes to Transfer Restricted Definitive Notes. An Unrestricted Definitive Note cannot be
exchanged for, or transferred to a Person who takes delivery thereof in the form of, a Transfer Restricted Definitive Note. 
 At such time
as all beneficial interests in a particular Global Note have been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained
and canceled by the Trustee in accordance with Section 2.10 of the Indenture. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the
form of a beneficial interest in another Global Note or for Definitive Notes, the principal amount of Notes 

  
 Appendix A-8 

 
represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect
such reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an
endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such increase. 

Notwithstanding anything to the contrary, no transfers will be permitted in reliance on Rule 144, even if legally then permitted. 

(f) Legend. 

(i) Except as permitted by the following paragraphs (ii) or (iii), each Note certificate evidencing the Global Notes and
any Definitive Notes (and all Notes issued in exchange therefor or in substitution thereof) shall bear the legend set forth on Exhibit A. 

(ii) Upon a sale or transfer after the expiration of the Restricted Period of any Initial Note acquired pursuant to Regulation
S, all requirements that such Initial Note bear the Restricted Notes Legend shall cease to apply and the requirements requiring any such Initial Note be issued in global form shall continue to apply. 

(iii) Any Additional Notes sold in a registered offering shall not be required to bear the Restricted Notes Legend. 

(g) Cancellation or Adjustment of Global Note. At such time as all beneficial interests in a particular Global Note have been exchanged
for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.10 of this
Indenture. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive
Notes, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such reduction; and
if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an endorsement shall
be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such increase. 
 (h)
Obligations with Respect to Transfers and Exchanges of Notes. 
 (i) To permit registrations of transfers and
exchanges, the Issuer shall execute and the Trustee shall authenticate, Definitive Notes and Global Notes at the Registrar’s request. 

(ii) No service charge shall be made for any registration of transfer or exchange of Notes, but the Issuer may require payment
of a sum sufficient to cover any transfer tax, assessments, or similar governmental charge payable in connection therewith (other than any such transfer taxes, assessments or similar governmental charge payable upon exchanges pursuant to Sections
3.06, 4.06, 4.08 and 9.05 of this Indenture). 
 (iii) Prior to the due presentation for registration of transfer of any
Note, the Issuer, the Trustee, a Paying Agent or the Registrar may deem and treat the person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Note and for
all other purposes whatsoever, whether or not such Note is overdue, and none of the Issuer, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary. 

  
 Appendix A-9 

 (iv) All Notes issued upon any transfer or exchange pursuant to the terms of this
Indenture shall evidence the same debt and shall be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange. 

(i) No Obligation of the Trustee. 

(i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Note, a member of, or a
participant in the Depository or any other Person with respect to the accuracy of the records of the Depository or its nominee or of any participant or member thereof, with respect to any ownership interest in the Notes or with respect to the
delivery to any participant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption or repurchase) or the payment of any amount, under or with respect to such Notes. All notices and
communications to be given to the holders and all payments to be made to the holders under the Notes shall be given or made only to the registered holders (which shall be the Depository or its nominee in the case of a Global Note). The rights of
beneficial owners in any Global Note shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the
Depository with respect to its members, participants and any beneficial owners. 
 (ii) The Trustee shall have no obligation
or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among
Depository participants, members or beneficial owners in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms
of this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

  
 Appendix A-10 

 EXHIBIT A 

[FORM OF FACE OF INITIAL NOTE] 

[Global Notes Legend] 

“UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK, TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO
TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH
IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.” 
 [Restricted Notes Legend] 

“THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH
TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS PURCHASED
SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE THAT IS [144A NOTE: ONE YEAR] [REGULATION S NOTE: 40 DAYS] AFTER THE LATER OF THE ORIGINAL ISSUE DATE OF THE ISSUER WAS THE OWNER OF THIS NOTE (OR ANY PREDECESSOR OF
THIS NOTE) ONLY (A) TO THE ISSUER OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO
RULE 144A UNDER THE SECURITIES ACT, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL
BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A UNDER THE SECURITIES ACT, (D) PURSUANT TO OFFERS AND SALES THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT
OR (E) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT, OTHER THAN THE EXEMPTION PROVIDED BY RULE 144, SUBJECT TO THE ISSUER’S AND THE TRUSTEE’S RIGHTS PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSE
(C), (D) OR (E) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/ OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. 

  
 Exhibit A-1 

 BY ITS ACQUISITION OF THIS SECURITY, THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND
WARRANTED THAT EITHER (1) NO PORTION OF THE ASSETS USED BY SUCH HOLDER TO ACQUIRE OR HOLD THIS SECURITY CONSTITUTES THE ASSETS OF AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE I OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974,
AS AMENDED (“ERISA”), A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”), OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE,
LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAWS”), OR AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE “PLAN ASSETS” (AS DEFINED UNDER ERISA OR ANY
SIMILAR LAWS) OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT, OR (2) THE ACQUISITION AND HOLDING OF THIS SECURITY WILL NOT CONSTITUTE A NONEXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION
UNDER ANY APPLICABLE SIMILAR LAWS, AND IF IT IS AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE I OF ERISA, A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE CODE OR AN ENTITY WHOSE UNDERLYING ASSETS
ARE CONSIDERED TO INCLUDE “PLAN “ASSETS” OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT, THE DECISION TO ACQUIRE AND HOLD THE NOTES HAS BEEN MADE BY A DULY AUTHORIZED FIDUCIARY (EACH, A “PLAN FIDUCIARY”) WHO IS INDEPENDENT OF THE
ISSUER, THE INITIAL PURCHASERS AND THEIR RESPECTIVE AFFILIATES, WHICH PLAN FIDUCIARY (A) IS A FIDUCIARY UNDER ERISA OR THE CODE, OR BOTH, WITH RESPECT TO THE DECISION TO ACQUIRE AND HOLD THE NOTES, (B) IS NOT AN IRA OWNER (IN THE CASE OF
AN IRA), (C) IS CAPABLE OF EVALUATING INVESTMENT RISKS INDEPENDENTLY, BOTH IN GENERAL AND WITH REGARD TO THE PROSPECTIVE INVESTMENT IN THE NOTES, (D) HAS EXERCISED INDEPENDENT JUDGMENT IN EVALUATING WHETHER TO INVEST THE ASSETS OF SUCH
PLAN, ACCOUNT, ARRANGEMENT OR ENTITY IN THE NOTES, AND (E) IS EITHER A BANK, AN INSURANCE CARRIER, A REGISTERED INVESTMENT ADVISER, A REGISTERED BROKER-DEALER OR AN INDEPENDENT FIDUCIARY WITH AT LEAST $50 MILLION OF ASSETS UNDER MANAGEMENT OR
CONTROL AS SPECIFIED IN 29 C.F.R. SECTION 2510.3-21(c)(1)(i).” 
 [[FOR REGULATION S GLOBAL NOTE ONLY] “THE SECURITIES COVERED
HEREBY HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED AND SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (I) AS PART OF
YOUR DISTRIBUTION AT ANY TIME OR (II) OTHERWISE UNTIL 40 DAYS AFTER THE LATER OF THE DATE THE SECURITIES WERE FIRST OFFERED TO PERSONS OTHER THAN DISTRIBUTORS IN RELIANCE UPON REGULATION S AND THE CLOSING DATE, EXCEPT IN EITHER CASE IN
ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT (OR IN ACCORDANCE WITH RULE 144A UNDER THE SECURITIES ACT OR TO ACCREDITED INVESTORS IN TRANSACTIONS THAT ARE EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT), AND IN
CONNECTION WITH ANY SUBSEQUENT SALE BY YOU OF THE SECURITIES COVERED HEREBY IN RELIANCE ON REGULATION S UNDER THE SECURITIES ACT DURING THE PERIOD REFERRED TO ABOVE TO ANY DISTRIBUTOR, DEALER OR PERSON RECEIVING A SELLING CONCESSION, FEE OR

  
 Exhibit A-2 

 
OTHER REMUNERATION, YOU MUST DELIVER A NOTICE TO SUBSTANTIALLY THE FOREGOING EFFECT. TERMS USED ABOVE HAVE THE MEANINGS ASSIGNED TO THEM IN REGULATION S UNDER THE SECURITIES ACT.”] 

[Definitive Notes Legend] 

“IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND OTHER INFORMATION AS
SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.” 

  
 Exhibit A-3 

 [FORM OF INITIAL NOTE] 

TRIMAS CORPORATION 
  

					
	 No. [    ]
	  	 	144A CUSIP No. 896215 AG5	 
		  	 	144A ISIN No. US896215AG53	 
		  	 	REG S CUSIP No.U89616 AD5	 
		  	 	REG S ISIN No. USU89616AD56	 

 $[    ] 

4.875% Senior Note due 2025 

TRIMAS CORPORATION, a Delaware corporation, promises to pay to Cede & Co., or registered assigns, the principal sum set forth on the
Schedule of Increases or Decreases in Global Note attached hereto on October 15, 2025. 
 Interest Payment Dates: April 15 and
October 15, commencing [    ]1. 
 Record Dates: April 1
and October 1. 
 Additional provisions of this Note are set forth on the other side of this Note. 

 

	1 	To be April 15, 2018 for Notes issued on September 20, 2017. 

  
 Exhibit A-4 

 IN WITNESS WHEREOF, the parties have caused this instrument to be duly executed. 

 

			
	TRIMAS CORPORATION

 
			
		
	By:	 	 
		 	Name:
		 	Title:

 Dated: 

  
 Exhibit A-5 

 TRUSTEE’S CERTIFICATE OF AUTHENTICATION 

WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as
Trustee, certifies that this is one of the Notes referred to in 
 the Indenture. 

 

			
	By:	 	 
		 	Authorized Signatory

			
		
	Dated:	 	                                     
   

  

	*/	If the Note is to be issued in global form, add the Global Notes Legend and the attachment from Exhibit A captioned “TO BE ATTACHED TO GLOBAL NOTES—SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE.”

  
 Exhibit A-6 

 [FORM OF REVERSE SIDE OF INITIAL NOTE] 

4.875% Senior Note due 2025 
  

	1.	Interest 

 TRIMAS CORPORATION, a Delaware corporation (such entity, and its successors
and assigns under the Indenture hereinafter referred to, being herein called, the “Issuer”), promises to pay interest on the principal amount of this Note at the rate per annum shown above. The Issuer shall pay interest semi-annually on
April 15 and October 15 of each year (each an “Interest Payment Date”), commencing [    ]2. Interest on the Notes shall accrue from the most recent date to
which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from [    ]3, until the principal hereof is due. Interest shall be
computed on the basis of a 360-day year of twelve 30-day months. The Issuer shall pay interest on overdue principal at the rate borne by the Notes, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

  

	2.	Method of Payment 

 The Issuer shall pay interest on the Notes (except defaulted
interest) to the Persons who are registered holders at the close of business on April 1 or October 1 (each a “Record Date”) immediately preceding the Interest Payment Date even if Notes are canceled after the Record Date and on
or before the Interest Payment Date (whether or not a Business Day). Holders must surrender Notes to the Paying Agent to collect principal payments. The Issuer shall pay principal, premium, if any, and interest in money of the United States of
America that at the time of payment is legal tender for payment of public and private debts. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) shall be made by wire transfer of
immediately available funds to the accounts specified by The Depository Trust Company or any successor depositary. The Issuer shall make all payments in respect of a certificated Note (including principal, premium, if any, and interest) at the
office of the Paying Agent, except that, at the option of the Issuer, payment of interest may be made by mailing a check to the registered address of each holder thereof; provided, however, that payments on the Notes may also be made,
in the case of a holder of at least $1,000,000 aggregate principal amount of Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such holder elects payment by wire transfer by giving written
notice to the Trustee or Paying Agent to such effect designating such account no later than 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 

 

	3.	Paying Agent and Registrar 

 Initially, Wells Fargo Bank, National Association, as
trustee under the Indenture (the “Trustee”), will act as Paying Agent and Registrar. The Issuer may remove any Registrar or Paying Agent upon written notice to such Registrar or Paying Agent and to the Trustee; provided, however, that no
such removal shall become effective until (i) if applicable, acceptance of an appointment by a successor Registrar or Paying Agent, as the case may be, as evidenced by an appropriate agreement entered into by the Issuer and such successor
Registrar or Paying Agent, as the case may be, and delivered to the Trustee, (ii) notification to the Trustee that the Trustee shall serve as Registrar or Paying Agent until the appointment of a successor in accordance with clause
(i) above or clause (iii) below or (iii) notification to the Trustee in writing that the Issuer or any of its Subsidiaries shall serve as Registrar or Paying Agent until the appointment of a successor in accordance with clause
(i) or (ii) above or this clause (iii). The Issuer or any of its Subsidiaries may act as Paying Agent or Registrar. 
  

	2 	To be April 15, 2018, for Notes issued on September 20, 2017. 

	3 	To be September 20, 2017, for Notes issued on September 20, 2017. 

  
 Exhibit A-7 

	4.	Indenture 

 The Issuer issued the Notes under an Indenture dated as of September 20,
2017 (the “Indenture”), among the Issuer, the Guarantors and the Trustee. Capitalized terms used herein are used as defined in the Indenture, unless otherwise indicated. The terms of the Notes include those stated in the Indenture and
those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of the Indenture (the “TIA”). The Notes are subject to all terms and provisions of the
Indenture, and the holders (as defined in the Indenture) are referred to the Indenture for a statement of such terms and provisions. If and to the extent that any provision of the Notes limits, qualifies or conflicts with a provision of the
Indenture, such provision of the Indenture shall control. 
 The Notes are unsecured, unsubordinated obligations of the Issuer. This Note is
one of the Initial Notes referred to in the Indenture. The Notes include the Initial Notes and any Additional Notes. The Initial Notes and any Additional Notes may, at the Issuer’s option, be treated as a single class of securities for all
purposes under the Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase; provided that if the Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, the
Additional Notes will have a separate CUSIP number, if applicable. The Indenture imposes certain limitations on the ability of the Issuer and the Restricted Subsidiaries to, among other things, make certain Investments and other Restricted Payments,
Incur Indebtedness, enter into consensual restrictions upon the payment of certain dividends and distributions by such Restricted Subsidiaries, enter into or permit certain transactions with Affiliates, create or Incur Liens and make Asset Sales.
The Indenture also imposes limitations on the ability of the Issuer and each Guarantor to consolidate or merge with or into any other Person or convey, transfer or lease all or substantially all of its property. 

The Guarantors (including each direct and indirect Subsidiary of the Issuer that is required to guarantee the Guaranteed Obligations pursuant
to Section 4.11 of the Indenture) shall jointly and severally guarantee the Guaranteed Obligations pursuant to the terms of the Indenture. 
  

	5.	Redemption 

 On or after October 15, 2020, the Issuer may redeem the Notes at its
option, in whole at any time or in part from time to time, upon not less than 30 nor more than 60 days’ prior notice mailed (or caused to be mailed) by the Issuer by first-class mail, or delivered electronically if the Notes are held by The
Depository Trust Company (“DTC”), to each holder’s registered address (with a copy to the Trustee), at the following redemption prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any,
to, but excluding, the redemption date (subject to the right of holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date), if redeemed during the 12-month period commencing on October 15 of the
years set forth below: 
  

					
	 Period
	  	Redemption Price	 
	 2020
	  	 	102.438	% 
	 2021
	  	 	101.219	% 
	 2022 and thereafter
	  	 	100.000	% 

 In addition, prior to October 15, 2020, the Issuer may redeem the Notes at its option, in whole at any
time or in part from time to time, upon not less than 30 nor more than 60 days’ prior notice mailed (or caused to be mailed) by the Issuer by first-class mail, or delivered electronically if the Notes are held by DTC, to each holder’s
registered address (with a copy to the Trustee), at a redemption price equal to 100% of the principal amount of the Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but excluding, the applicable
redemption date (subject to the right of holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). 

  
 Exhibit A-8 

 Notwithstanding the foregoing, at any time and from time to time on or prior to October 15,
2020, the Issuer may redeem in the aggregate up to 35% of the original aggregate principal amount of the Notes with an amount equal to the net cash proceeds of one or more Equity Offerings (1) by the Issuer or (2) by any direct or indirect
parent of the Issuer to the extent the net cash proceeds thereof are contributed to the common equity capital of the Issuer or are used to purchase Capital Stock (other than Disqualified Stock) of the Issuer, at a redemption price (expressed as a
percentage of principal amount thereof) of 104.875%, plus accrued and unpaid interest, if any, to, but excluding, the redemption date (subject to the right of holders of record on the relevant Record Date to receive interest due on the
relevant Interest Payment Date); provided, however, that at least 65% of the original aggregate principal amount of the Notes issued on the date of the Indenture must remain outstanding after each such redemption; provided,
further, that such redemption shall occur within 90 days after the date on which any such Equity Offering is consummated upon not less than 30 nor more than 60 days’ notice mailed (or caused to be mailed) by the Issuer by first-class
mail, or delivered electronically if the Notes are held by DTC, to the registered address of each holder of Notes being redeemed (with a copy to the Trustee) and otherwise in accordance with the procedures set forth in the Indenture. 

Notice of any redemption upon any Equity Offering may be given prior to the completion thereof. In addition, any redemption described above or
notice thereof may, at the Issuer’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of the related Equity Offering in the case of a redemption upon completion of an Equity Offering. 

 

	6.	Mandatory Redemption 

 The Issuer will not be required to make any mandatory redemption
or sinking fund payments with respect to the Notes. 
  

	7.	Notice of Redemption 

 Notices of redemption will be mailed (or caused to be mailed) by
first-class mail, or delivered electronically if the Notes are held by DTC, at least 30 but not more than 60 days before the redemption date, to each holder of Notes to be redeemed at its registered address (with a copy to the Trustee), except that
redemption notices may be mailed or otherwise delivered more than 60 days prior to the redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture pursuant to Article VIII
thereof. On and after the redemption date, interest shall cease to accrue on Notes or portions thereof called for redemption so long as the Issuer has deposited with the Paying Agent funds sufficient to pay the redemption price of, plus
accrued and unpaid interest, if any, on, the Notes or portions thereof to be redeemed, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture. 

 

	8.	Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales 

Upon the occurrence of a Change of Control, each holder shall have the right, subject to certain conditions specified in the Indenture, to
require the Issuer to repurchase all or any part of such holder’s Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase
(subject to the right of the holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date), as provided in, and subject to the terms of, the Indenture. 

In accordance with Section 4.06 of the Indenture, the Issuer will be required to offer to purchase Notes upon the occurrence of certain
events. 

  
 Exhibit A-9 

	9.	Denominations; Transfer; Exchange 

 The Notes are in registered form, without coupons, in
denominations of $2,000 principal amount and integral multiples of $1,000 in excess thereof. A holder shall register the transfer of or exchange of the Notes in accordance with the Indenture. Upon any registration of transfer or exchange, the
Registrar and the Trustee may require a holder, among other things, to furnish appropriate endorsements and transfer documents and the Issuer may require a holder to pay any taxes required by law or permitted by the Indenture. The Issuer shall not
be required to make, and the Registrar need not register, transfers or exchanges of any Notes selected for redemption (except, in the case of a Note to be redeemed in part, the portion thereof not to be redeemed) or of any Notes for a period of 15
days before the mailing of a notice of redemption of Notes to be redeemed. 
  

	10.	Persons Deemed Owners 

 The registered holder of this Note shall be treated as the owner
of it for all purposes. 
  

	11.	Unclaimed Money 

 Subject to any applicable abandoned property law, the Trustee and each
Paying Agent shall pay to the Issuer upon written request any money held by them for the payment of principal or interest that remains unclaimed for two years, and, thereafter, holders entitled to the money must look to the Issuer for payment as
general creditors, and the Trustee and each Paying Agent shall have no further liability with respect to such monies. 
  

	12.	Discharge and Defeasance 

 Subject to certain conditions, the Issuer at any time may
terminate some of or all its obligations under the Notes and the Indenture if the Issuer deposits with the Trustee cash in U.S. dollars, U.S. Government Obligations or a combination thereof sufficient to pay the principal of and premium (if any) and
interest on the Notes when due at maturity or redemption, as the case may be. 
  

	13.	Amendment; Waiver 

 Subject to certain exceptions set forth in the Indenture,
(i) the Indenture or the Notes may be amended with the written consent of the holders of at least a majority in aggregate principal amount of the Notes then outstanding and (ii) any past default or compliance with any provisions may be
waived with the written consent of the holders of at least a majority in principal amount of the Notes then outstanding. 
 The Issuer and
the Trustee may amend the Indenture, the Notes and the Guarantees without notice to or the consent of any holder (i) to cure any ambiguity, omission, mistake, defect or inconsistency; (ii) to provide for the assumption by a Successor
Issuer (with respect to the Issuer) of the obligations of the Issuer under the Indenture and the Notes; (iii) to provide for the assumption by a Successor Guarantor (with respect to any Guarantor) of the obligations of a Guarantor under the
Indenture and its Guarantee; (iv) to provide for uncertificated Notes in addition to or in place of certificated Notes, provided, however, that the uncertificated Notes are issued in registered form for purposes of Section 163(f) of the
Code, or in a manner such that the uncertificated notes are described in Section 163(f)(2)(B) of the Code; (v) to conform the text of the Indenture, the Notes or the Guarantees to any provision of the “Description of the Notes”
in the Offering Memorandum to the extent that such provision in the Indenture, the Notes or the Guarantees was intended by the Issuer to be a verbatim recitation of a provision in the “Description of the Notes” in the Offering Memorandum,
as stated in an Officer’s Certificate; (vi) to add a Guarantee with respect to the Notes, (vii) to add collateral to secure the Notes; (viii) to release a Guarantor or any Guarantee of the Notes as permitted by the Indenture;
(ix) to add to the covenants of the Issuer for the benefit of the holders or to surrender any right or power herein conferred upon the Issuer; (x) to make any change that does not adversely affect the rights of any holder in any material
respect; (xi) to provide for the appointment of a successor Trustee as permitted by this Indenture; and (xii) to effect any provisions of the Indenture or to make changes to the Indenture to provide for the issuance of Additional Notes.

  
 Exhibit A-10 

	14.	Defaults and Remedies 

 If an Event of Default (other than an Event of Default specified
in Section 6.01(f) or (g) of the Indenture with respect to the Issuer) occurs and is continuing, the Trustee by notice to the Issuer or the holders of at least 25% in principal amount of outstanding Notes by notice to the Issuer, with a
copy to the Trustee, may declare the principal of, premium, if any, and accrued but unpaid interest on all the Notes to be due and payable. Upon such a declaration, such principal and interest will be due and payable immediately. If an Event of
Default specified in Section 6.01(f) or (g) of the Indenture with respect to the Issuer occurs, the principal of, premium, if any, and interest on all the Notes will become immediately due and payable without any declaration or other act
on the part of the Trustee or any holders. Under certain circumstances, the holders of a majority in principal amount of outstanding Notes may rescind any such acceleration with respect to the Notes and its consequences. 

If an Event of Default occurs and is continuing, the Trustee shall be under no obligation to exercise any of the rights or powers vested in it
by the Indenture at the request or direction of any of the holders pursuant to the Indenture, unless such holders have offered to the Trustee indemnity or security satisfactory to the Trustee against the costs, expenses and liabilities which might
be incurred by it in compliance with such request or direction. Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no holder may pursue any remedy with respect to the Indenture or the Notes unless
(i) such holder has previously given the Trustee written notice that an Event of Default is continuing, (ii) holders of at least 25% in principal amount of the outstanding Notes have requested the Trustee to pursue the remedy,
(iii) such holders have offered the Trustee security or indemnity satisfactory to it against any loss, liability or expense, (iv) the Trustee has not complied with such request within 60 days after the receipt of the request and the offer
of security or indemnity, and (v) the holders of a majority in principal amount of the outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period. The holders of a majority in principal
amount of outstanding Notes may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. However, the Trustee may refuse to follow any
direction that conflicts with law or the Indenture or, if the Trustee, being advised by counsel, determines that the action or proceeding so directed may not lawfully be taken or if the Trustee in good faith shall determine that the action or
proceeding so directed would involve the Trustee in personal liability or expense for which it is not adequately indemnified, or, subject to Section 7.01 of the Indenture, that the Trustee determines is unduly prejudicial to the rights of any
other holder or that would involve the Trustee in personal liability. Prior to taking any action under the Indenture, the Trustee shall be entitled to indemnification reasonably satisfactory to it in its sole discretion against all losses and
expenses caused by taking or not taking such action. 
  

	15.	Trustee Dealings with the Issuer 

 The Trustee, in its individual or any other capacity,
may become the owner or pledgee of Notes and may otherwise deal with the Issuer or its Affiliates with the same rights it would have if it were not Trustee. 
  

	16.	No Recourse Against Others 

 No director, officer, employee, manager, incorporator or
holder of any Equity Interests in the Issuer or any direct or indirect parent company of the Issuer, as such, shall have any liability for any obligations of the Issuer or any Guarantor under the Notes, the Indenture or the Guarantees, as
applicable, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder of Notes by accepting a Note waives and releases all such liability. 

  
 Exhibit A-11 

	17.	Authentication 

 This Note shall not be valid until an authorized signatory of the
Trustee (or an authenticating agent) manually signs the certificate of authentication on the other side of this Note. 
  

	18.	Abbreviations 

 Customary abbreviations may be used in the name of a holder or an
assignee, such as TEN COM (=tenants in common), TEN ENT (=tenants by the entireties), JT TEN (=joint tenants with rights of survivorship and not as tenants in common), CUST (=custodian), and U/G/M/A (=Uniform Gift to Minors Act). 

 

	19.	Governing Law 

 THIS SECURITY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK. 
  

	20.	CUSIP Numbers; ISINs 

 The Issuer has caused CUSIP numbers and ISINs to be printed on the
Notes and has directed the Trustee to use CUSIP numbers and ISINs in notices of redemption as a convenience to the holders. No representation is made as to the correctness of such numbers either as printed on the Notes or as contained in any notice
of redemption and reliance may be placed only on the other identification numbers printed thereon. 
 The Issuer will furnish to any
holder of Notes upon written request and without charge to the holder a copy of the Indenture which has in it the text of this Note. 

  
 Exhibit A-12 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign and
transfer this Note to: 
  

                       
                                      

(Print or type assignee’s name, address and zip code) 
  

                       
                                      

(Insert assignee’s soc. sec. or tax I.D. No. 

and irrevocably appoint             agent to transfer this Note on the books of the Issuer. The
agent may substitute another to act for him. 
  

			
	Date:                 	  	Your Signature:                 
		
	                                      
                              	  	

 Sign exactly as your name appears on the other side of this Note. 

Signature Guarantee: 
  

			
	Date:
                                         
                   	  	
                          
                                  

	Signature must be guaranteed by a participant in a recognized signature guaranty medallion program or other signature guarantor program reasonably acceptable to the Trustee	  	Signature of Signature Guarantee

  
 Exhibit A-13 

 CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR 

REGISTRATION OF TRANSFER RESTRICTED NOTE 
 This
certificate relates to $                 principal amount of Notes held in (check applicable space)
             book-entry or              definitive form by the undersigned. 

The undersigned (check one box below): 
  

	☐	has requested the Trustee by written order to deliver in exchange for its beneficial interest in the Global Note held by the Depository a Note or Notes in definitive, registered form of authorized denominations and an
aggregate principal amount equal to its beneficial interest in such Global Note (or the portion thereof indicated above); 

  

	☐	has requested the Trustee by written order to exchange or register the transfer of a Note or Notes. 

 In
connection with any transfer of any of the Notes evidenced by this certificate occurring while this Note is still a Transfer Restricted Definitive Note or a Transfer Restricted Global Note, the undersigned confirms that such Notes are being
transferred in accordance with its terms: 
 CHECK ONE BOX BELOW 
  

					
	(1)	  	☐	  	to the Issuer; or
			
	(2)	  	☐	  	to the Registrar for registration in the name of the holder, without transfer; or
			
	(3)	  	☐	  	pursuant to an effective registration statement under the Securities Act of 1933; or
			
	(4)	  	☐	  	inside the United States to a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933) that purchases for its own account or for the account of a qualified institutional buyer to whom
notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with Rule 144A under the Securities Act of 1933; or
			
	(5)	  	☐	  	outside the United States in an offshore transaction within the meaning of Regulation S under the Securities Act in compliance with Rule 904 under the Securities Act of 1933 and such Note shall be held immediately after the transfer
through Euroclear or Clearstream until the expiration of the Restricted Period (as defined in the Indenture); or

  
 Exhibit A-14 

 Unless one of the boxes is checked, the Trustee will refuse to register any of the Notes
evidenced by this certificate in the name of any Person other than the registered holder thereof; provided, however, that if box (5) is checked, the Issuer or the Trustee may require, prior to registering any such transfer of the
Notes, such legal opinions, certifications and other information as the Issuer or the Trustee have reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933 (other than Rule 144). 
  

			
	Date:                 	  	Your Signature:                 
		
	                                      
                          	  	

 Sign exactly as your name appears on the other side of this Note. 

Signature Guarantee: 
  

			
	Date:
                                         
               	  	                                      
                  
	Signature must be guaranteed by a participant in a recognized signature guaranty medallion program or other signature guarantor program reasonably acceptable to the Trustee	  	Signature of Signature Guarantee

  
 Exhibit A-15 

 TO BE COMPLETED BY PURCHASER IF (4) ABOVE IS CHECKED. 

The undersigned represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises
sole investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A under the Securities Act of 1933, and is aware that the sale to it is being made in reliance on Rule 144A and
acknowledges that it has received such information regarding the Issuer as the undersigned has requested pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying upon the
undersigned’s foregoing representations in order to claim the exemption from registration provided by Rule 144A. 
  

			
	Date:
                                         
               	  	                                      
                  
		  	NOTICE: To be executed by an executive officer

  
 Exhibit A-16 

 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

The initial principal amount of this Global Note is
$                    . The following increases or decreases in this Global Note have been made: 

 

									
	 Date of Exchange
	  	 Amount of
decrease in

Principal Amount
 of this
Global
 Note
	  	 Amount of
increase in
Principal Amount
of this
Global
Note
	  	 Principal
amount of this
Global Note
following
such
decrease or
increase
	  	 Signature of
authorized
signatory of
Trustee
or
Notes
Custodian

  

  
 Exhibit A-17 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Issuer pursuant to Section 4.06 (Asset Sale) or 4.08 (Change of Control) of the
Indenture, check the box: 
  

			
	 Asset Sale  ☐
	  	Change of Control  ☐

 If you want to elect to have only part of this Note purchased by the Issuer pursuant to Section 4.06
(Asset Sale) or 4.08 (Change of Control) of the Indenture, state the amount ($2,000 or any integral multiple of $1,000 in excess thereof): 

$ 
  

			
	Date:                                     
                   	  	Your Signature:
                                         
       
		  	 (Sign exactly as your name appears on

the other side of this Note)

	
	Signature Guarantee:
                                         
                                         
                                         
     
	 Signature must be guaranteed by a participant in a recognized

signature guaranty medallion program or other signature

guarantor program reasonably acceptable to the Trustee

  
 Exhibit A-18 

 EXHIBIT B 

[FORM OF TRANSFEREE LETTER OF REPRESENTATION] 

TRANSFEREE LETTER OF REPRESENTATION 

TRIMAS CORPORATION 
 c/o Wells Fargo Bank, National Association

 as Trustee and Registrar 
 [●] 

[●] 
 Attention: [●] 

Telephone No.: [●] 
 Fax No.: [●] 

Email: [●] 
 Ladies and Gentlemen: 

This certificate is delivered to request a transfer of $[    ] principal amount of the 4.875% Senior Notes due 2025 (the
“Notes”) of TRIMAS CORPORATION (collectively with its successors and assigns, the “Issuer”). 
 Upon
transfer, the Notes would be registered in the name of the new beneficial owner as follows: 
 Name:
                                         
                     
 Address:
                                         
                 
 Taxpayer ID Number:
                                     

The undersigned represents and warrants to you that: 

1. We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act of
1933, as amended (the “Securities Act”)), purchasing for our own account or for the account of such an institutional “accredited investor” at least $100,000 principal amount of the Notes, and we are acquiring the Notes not
with a view to, or for offer or sale in connection with, any distribution in violation of the Securities Act. We have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our
investment in the Notes, and we invest in or purchase securities similar to the Notes in the normal course of our business. We, and any accounts for which we are acting, are each able to bear the economic risk of our or its investment. 

2. We understand that the Notes have not been registered under the Securities Act and, unless so registered, may not be sold except as
permitted in the following sentence. We agree on our own behalf and on behalf of any investor account for which we are purchasing Notes to offer, sell or otherwise transfer such Notes prior to the date that is one year after the later of the date of
original issue and the last date on which either of the Issuer or any affiliate of the Issuer was the owner of such Notes (or any predecessor thereto) (the “Resale Restriction Termination Date”) only (a) in the United States to
a person whom we reasonably believe is a qualified institutional buyer (as defined in rule 144A under the Securities Act) in a transaction meeting the requirements of Rule 144A, (b) outside the United States in an offshore transaction in
accordance with Rule 904 of Regulation S under the Securities Act, or (c) pursuant to an effective registration statement under the Securities Act, in each of cases (a) through (c) in accordance with any applicable securities laws of
any state of the United States. In addition, we will, and each subsequent holder is required to, notify any purchaser of the Note evidenced hereby of the resale 

  
 Exhibit B-1 

 
restrictions set forth above. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date. Each purchaser acknowledges that the Issuer and the
Trustee reserve the right prior to the offer, sale or other transfer prior to the Resale Restriction Termination Date of the Notes pursuant to clause 1(b), 1(c) or 1(d) above to require the delivery of an opinion of counsel, certifications or other
information satisfactory to the Issuer and the Trustee. No transfers will be permitted in reliance on Rule 144, even if legally then permitted. 
 Dated:
                                         
    
  

			
	TRANSFEREE:
                                         
           ,

 
			
		
	By:	 	                                      
                              
		 	

  
 Exhibit B-2 

 EXHIBIT C 

[FORM OF SUPPLEMENTAL INDENTURE] 

SUPPLEMENTAL INDENTURE 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of
[            ], among [NEW GUARANTOR] (the “New Guarantor”), a direct or indirect subsidiary of TRIMAS CORPORATION (or its successor), a Delaware corporation (the
“Issuer”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trustee under the indenture referred to below (the “Trustee”). 

W I T N E S S E T H : 
 WHEREAS
the Issuer, certain Guarantors and the Trustee have heretofore executed an indenture, dated as of September 20, 2017 (as amended, supplemented or otherwise modified, the “Indenture”), providing for the issuance of the
Issuer’s 4.875% Senior Notes due 2025 (the “Notes”), initially in the aggregate principal amount of $300,000,000; 

WHEREAS Sections 4.11 and 10.07 of the Indenture provide that under certain circumstances the Issuer is required to cause the New Guarantor to
execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall guarantee the Guaranteed Obligations; and 

WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the Issuer are authorized to execute and deliver this Supplemental
Indenture; 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby
acknowledged, the New Guarantor, the Issuer and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes as follows: 

1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used
herein as therein defined, except that the term “holders” in this Supplemental Indenture shall refer to the term “holders” as defined in the Indenture and the Trustee acting on behalf of and for the benefit of such holders. The
words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular Section hereof. 

2. Agreement to Guarantee. The New Guarantor hereby agrees, jointly and severally with all existing Guarantors (if any), to guarantee
the Guaranteed Obligations on the terms and subject to the conditions set forth in Article X of the Indenture and to be bound by all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and agreements of a
Guarantor under the Indenture. 
 3. Notices. All notices or other communications to the New Guarantor shall be given as provided in
Section 11.02 of the Indenture. 
 4. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly
amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and
every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 

  
 Exhibit C-1 

 5. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 6. Trustee Makes No Representation. The Trustee accepts the
amendments of the Indenture effected by this Supplemental Indenture on the terms and conditions set forth in the Indenture, including the terms and provisions defining and limiting the liabilities and responsibilities of the Trustee. Without
limiting the generality of the foregoing, the Trustee shall not be responsible in any manner whatsoever for or with respect to any of the recitals or statements contained herein, all of which recitals or statements are made solely by the Issuer, or
for or with respect to (i) the validity or sufficiency of this Supplemental Indenture or any of the terms or provisions hereof, (ii) the proper authorization hereof by the Issuer and the New Guarantor, in each case, by action or otherwise,
(iii) the due execution hereof by the Issuer and the New Guarantor or (iv) the consequences of any amendment herein provided for, and the Trustee makes no representation with respect to any such matters. 

7. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but
all of them together represent the same agreement. One signed copy is enough to prove this Supplemental Indenture. Notwithstanding the foregoing, the exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF
transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture and signature pages for all purposes. 

8. Effect of Headings. The Section headings of this Supplemental Indenture have been inserted for convenience of reference only, are
not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions here. 
 [Remainder of page
intentionally left blank.] 

  
 Exhibit C-2 

 IN WITNESS WHEREOF, the parties have caused this Supplemental Indenture to be duly executed as of
the date first written above. 
  

			
	TRIMAS CORPORATION

 
			
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	[NEW GUARANTOR], as a Guarantor

 
			
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Trustee

 
			
		
	By:	 	 
		 	Name:
		 	Title:

  
 Exhibit C-3EX-10.1

 Exhibit 10.1 

EXECUTION COPY 
 REPLACEMENT
REVOLVING FACILITY AMENDMENT 
 REPLACEMENT REVOLVING FACILITY AMENDMENT, dated as of September 20, 2017 (this
“Amendment”), to the CREDIT AGREEMENT, dated as of October 16, 2013 (as amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility
Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”),
among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from
time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as administrative agent (the “Administrative Agent”), and the other agents party thereto. 

W I T N E S S E T H: 

WHEREAS, pursuant to the Credit Agreement, the Lenders have agreed to make, and have made, certain loans and other extensions of credit to the
Parent Borrower and the subsidiary borrowers; 
 WHEREAS, the Parent Borrower has (i) decided to repay in full all of the outstanding
Term Loans, (ii) requested that all of the outstanding Revolving Commitments (the “Existing Revolving Commitments”; the loans outstanding thereunder immediately prior to the Effective Date (as defined below), the
“Existing Revolving Loans”, and the Lenders holding such Existing Revolving Commitments or Existing Revolving Loans, collectively, the “Existing Revolving Lenders”) be replaced with a new revolving facility (the
“Amended Facility”) in accordance with Section 10.02(d)(ii) of the Credit Agreement by obtaining new revolving commitments (the “New Revolving Commitments”; and the loans thereunder, the “New Revolving
Loans”) and (iii) requested that the Credit Agreement be amended in the form attached hereto as Exhibit A (the “Amended Credit Agreement”); 

WHEREAS, Section 10.02(d)(ii) of the Credit Agreement permits the Parent Borrower to amend the Credit Agreement, with the written consent
of the Administrative Agent, the Parent Borrower and the Lenders providing the Amended Facility, to replace the Existing Revolving Commitments and refinance the Existing Revolving Loans with the Amended Facility and the proceeds thereof; 

WHEREAS, upon the occurrence of the Effective Date, the New Revolving Commitments and New Revolving Loans will replace and refinance, as
applicable, the Existing Revolving Commitments and the Existing Revolving Loans; 
 WHEREAS, upon the occurrence of the Effective Date, the
Credit Agreement will be deemed amended in the form of the Amended Credit Agreement; 
 WHEREAS, JPMorgan Chase Bank, N.A., Merrill Lynch,
Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC are acting as joint lead arrangers and joint bookrunners in connection with the transactions contemplated by this Amendment and the Amended Credit Agreement (in such
capacities, the “Lead Arrangers”); 
 WHEREAS, each Existing Revolving Lender that executes and delivers a signature page
to this amendment (a “Lender Addendum”) and in connection therewith agrees (x) to continue all of its Existing Revolving Commitments as New Revolving Commitments (such continued commitments, the “Continued Revolving
Commitments”; and such Lenders, the “Continuing Revolving Lenders”) and (y) to the terms of the Amended Credit Agreement will thereby (i) agree to the terms of this Amendment and

 
the Amended Credit Agreement, (ii) agree to continue all of its Existing Revolving Commitments in a principal amount equal to the aggregate amount of such Existing Revolving Commitments so
continued (or such lesser amount as notified to such Lender by the Lead Arrangers prior to the Effective Date) and (iii) agree to make New Revolving Loans from time to time; 

WHEREAS, subject to the preceding recitals, each Person (other than a Continuing Revolving Lender in its capacity as such) that executes and
delivers a Lender Addendum and agrees in connection therewith (x) to make New Revolving Commitments (such New Revolving Commitments, the “Additional Revolving Commitments”, and the loans thereunder, the “Additional
Revolving Loans”, and the Lenders of such Additional Revolving Commitments and Additional Revolving Loans, the “Additional Revolving Lenders”; and the Additional Revolving Lenders together with the Continuing Revolving
Lenders, the “New Revolving Lenders”) to the terms of the Amended Credit Agreement will thereby (i) agree to the terms of this Amendment and the Amended Credit Agreement, (ii) commit to make Additional Revolving
Commitments to the Borrower on the Effective Date as New Revolving Commitments in an amount as is determined by the Lead Arrangers and notified to such Additional Revolving Lender prior to the Effective Date and (iii) agree to make Additional
Revolving Loans from time to time; 
 WHEREAS, upon the occurrence of the Effective Date, subject to the provisions of Section 2.06(d)
of the Amended Credit Agreement, the proceeds of the New Revolving Loans will be used by the Parent Borrower to repay in full the outstanding principal amount of the Existing Revolving Loans; 

WHEREAS, the New Revolving Lenders are severally willing to (i) continue their Existing Revolving Commitments as New Revolving
Commitments and/or make New Revolving Commitments, as the case may be, and make New Revolving Loans from time to time and (ii) agree to the terms of this Amendment and the Amended Credit Agreement; and 

WHEREAS, the Parent Borrower, the Administrative Agent and the New Lenders are willing to agree to this Amendment and the Amended Credit
Agreement on the terms set forth herein. 
 NOW THEREFORE, in consideration of the premises and mutual covenants hereinafter set forth, the
parties hereto agree as follows: 
 SECTION 1. Definitions. Unless otherwise defined herein, terms defined in the Credit Agreement
and used herein shall have the meanings given to them in the Credit Agreement. 
 SECTION 2. New Revolving Commitments.  

(a) Subject to the terms and conditions set forth herein (i) each Continuing Revolving Lender agrees to continue all (or such lesser
amount as notified to such Lender by the Lead Arranger prior to the Effective Date) of its Existing Revolving Commitments as New Revolving Commitments on the date requested by the Parent Borrower to be the Effective Date in a principal amount equal
to such Continuing Revolving Lender’s New Revolving Commitment (as defined below), (ii) each Additional Revolving Lender agrees to provide New Revolving Commitments on and after such date to the Parent Borrower and the Foreign Subsidiary
Borrowers in a principal amount equal to such Additional Revolving Lender’s New Revolving Commitment and (iii) each New Revolving Lender agrees to the terms of this Amendment and the Amended Credit Agreement. 

(b) For purposes hereof, a Person shall become a party to the Amended Credit Agreement and a New Revolving Lender as of the Effective Date by
executing and delivering to the 

 
Administrative Agent, on or prior to the Effective Date, a Lender Addendum in its capacity as a New Revolving Lender. The Parent Borrower shall give notice to the Administrative Agent of the
proposed Effective Date not later than one Business Day prior thereto, and the Administrative Agent shall notify each New Revolving Lender thereof. For the avoidance of doubt, (x) the Existing Revolving Commitments of a Continuing Revolving
Lender must be continued in whole and may not be continued in part unless approved by the Lead Arrangers and (y) each Additional Revolving Lender must be reasonably acceptable to the Administrative Agent, the Foreign Currency Agent, the
Fronting Lender, each Issuing Bank and each Swingline Lender (it being understood and agreed that each such Person’s execution of a signature page hereto shall be deemed to constitute approval of each Additional Revolving Lender that is a party
hereto). 
 (c) The New Revolving Commitments of each New Revolving Lender will be available to the Parent Borrower and the Foreign
Subsidiary Borrowers (including, with respect to New Revolving Lenders that are Foreign Currency Lenders, for Foreign Currency Loans in accordance with the Amended Credit Agreement) on the Effective Date. The “New Revolving Commitment” of
(i) any Continuing Revolving Lender will be the amount of its Existing Revolving Commitment as set forth in the Register as of the Effective Date (or such lesser amount as notified to such Lender by the Lead Arrangers prior to the Effective
Date), which shall be continued as an equal amount of New Revolving Commitments and (ii) of any Additional Revolving Lender will be such amount (not exceeding any commitment offered by such Additional Revolving Lender) allocated to it by the
Lead Arrangers and notified to it on or prior to the Effective Date. The Commitments of the New Revolving Lenders are several, and (subject to Section 2.22 of the Amended Credit Agreement) no such Lender will be responsible for any other such
Lender’s failure to make or acquire its New Revolving Loans. 
 (d) The obligation of each New Revolving Lender to make, provide or
acquire by continuation New Revolving Commitments on the Effective Date is subject to the satisfaction of the conditions set forth in Section 3 of this Amendment. 

(e) On and after the Effective Date, each reference in the Amended Credit Agreement to (i) “Revolving Commitments” shall be deemed a
reference to the New Revolving Commitments contemplated hereby and (ii) “Revolving Loans” shall be deemed a reference to the New Revolving Loans contemplated hereby, except in each case as the context may otherwise require. Notwithstanding
the foregoing, except as set forth in Section 2(h) of this Amendment, the provisions of the Credit Agreement with respect to indemnification, reimbursement of costs and expenses, increased costs and break funding payments shall continue in full
force and effect with respect to, and for the benefit of, each Existing Revolving Lender in respect of such Lender’s Existing Revolving Commitments and Existing Revolving Loans. 

(f) On the Effective Date, all Existing Revolving Loans shall be deemed repaid and (to the extent set forth in the Borrowing Request
requesting Revolving Loans to be made on the Effective Date) reborrowed as New Revolving Loans in accordance with Section 2.06(d) of the Amended Credit Agreement. 

(g) For the avoidance of doubt, the Lenders hereby acknowledge and agree that, at the sole option of the Lead Arrangers, any Lender with
Existing Revolving Commitments that all or any portion of which are not continued as Continued Revolving Commitments as contemplated hereby (“Non-Continued Revolving Commitments”) shall,
automatically upon receipt of the amount necessary to purchase, at par, the portion of such Lender’s Existing Revolving Commitments constituting Non-Continued Revolving Commitments and any related
outstanding revolving loans in connection therewith and pay all accrued interest and fees thereon, be deemed to have assigned such Non-Continued Revolving Commitments and related outstanding revolving loans
pursuant to a form of Assignment and Assumption and, accordingly, no other action by the Lenders, the Administrative Agent or the Loan Parties shall be required in connection therewith. 

 (h) Each Lender party hereto and the Parent Borrower agree that with respect to any payment or
deemed payment of Existing Revolving Loans on the Effective Date, any amounts payable pursuant to Section 2.16 of the Credit Agreement as a result of such payment or deemed payment are hereby waived by each Continuing Revolving Lender. 

SECTION 3. Effective Date. This Amendment (subject to Section 4), and the obligation of each New Revolving Lender to provide New
Revolving Commitments and make New Revolving Loans, shall become effective as of the date (the “Effective Date”) on which the conditions set forth in Section 4.04 of the Amended Credit Agreement have been satisfied. 

SECTION 4. Representations and Warranties. 

(a) Holdings and the Parent Borrower hereby represent that (i) the representations and warranties of each Loan Party set forth in the
Loan Documents are true and correct as of the Amendment Effective Date and (ii) at the time of and immediately after giving effect to the Amendment Effective Date, no Default has occurred and is continuing. 

(b) Each Loan Party represents and warrants to each of the Lenders and the Administrative Agent that (i) the Transactions (as defined in
the Amended Credit Agreement) to be entered into by each Loan Party are within such Loan Party’s powers and have been duly authorized by all necessary action and (ii) this Amendment has been duly executed and delivered by each Loan Party
and constitutes a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and
subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. 
 SECTION 5. Amendment to
Credit Agreement. Effective as of the Effective Date: (a) the Credit Agreement is hereby amended and restated in its entirety in the form of the Amended Credit Agreement set forth as Exhibit A hereto and (b) the schedules to the Credit
Agreement are amended and restated in their entirety in the form appended to the Amended Credit Agreement. All exhibits to the Credit Agreement, in the forms thereof immediately prior to the Effective Date, will continue to be exhibits to the
Amended Credit Agreement mutatis mutandis. 
 SECTION 6. Effect of Amendment. 

6.1. Except as expressly set forth herein and in the Amended Credit Agreement, neither this Amendment nor the Amended Credit Agreement shall
by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders or the Administrative Agent under the Credit Agreement or any other Loan Document, or alter, modify, amend or in any way
affect any of the terms, conditions, obligations, guarantees, covenants or agreements contained in the Credit Agreement or any other provision of the Credit Agreement or of any other Loan Document, all of which are ratified and affirmed in all
respects and shall continue in full force and affect. The Parent Borrower and each other Loan Party (i) acknowledges, renews and extends its continued liability under the Credit Agreement and any other Loan Document, (ii) acknowledges and
agrees that its guarantee of the Obligations (as such term is defined giving effect to this Amendment) continues in full force and effect, unimpaired, uninterrupted and undischarged, regardless of the effectiveness of this Amendment and
(iii) acknowledges and agrees that all of the Liens and security interests created and arising under any Loan Document remain in full force and effect and continue to secure its Obligations 

 
(as such term is defined giving effect to this Amendment), unimpaired, uninterrupted and undischarged, regardless of the effectiveness of this Amendment, except as provided in the Amended Credit
Agreement (including, without limitation, Section 10.15 thereof). Nothing herein shall be deemed to entitle the Parent Borrower to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances. Except as expressly set forth herein or in the Amended Credit Agreement (including, without limitation, Section 10.15
thereof), nothing in this Amendment shall be deemed to be a novation of any obligations under the Credit Agreement or any other Loan Document. 

6.2. On and after the Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”,
“hereof”, “herein”, or words of like import, and each reference to the Credit Agreement in any other Loan Document shall be deemed a reference to the Credit Agreement as amended hereby. This Amendment shall constitute a
“Loan Document” for all purposes of the Amended Credit Agreement and the other Loan Documents (as defined in the Amended Credit Agreement). 

6.3. Except as expressly provided herein or in the Amended Credit Agreement, the Amended Facility shall be subject to the terms and provisions
of the Amended Credit Agreement and the other Loan Documents. 
 SECTION 7. General. 

7.1. GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 7.2. Costs and Expenses. The Parent Borrower
agrees to reimburse the Administrative Agent for its reasonable out-of-pocket expenses in connection with this Amendment, including the reasonable fees, charges and
disbursements of counsel for the Administrative Agent. 
 7.3. Counterparts. This Amendment may be executed by one or more of the
parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by email or facsimile
transmission shall be effective as delivery of a manually executed counterpart hereof. 
 7.4. Amendments. This Amendment may be
amended, modified or supplemented only by a writing signed by the Required Lenders (as defined in the Amended Credit Agreement) and the Parent Borrower; provided that any amendment or modification that would require the consent of all Lenders or all
affected Lenders if made under the Amended Credit Agreement shall require the consent of all Lenders (as defined in the Amended Credit Agreement) or all affected Lenders (as defined in the Amended Credit Agreement), as applicable. 

7.5. Headings. The headings of this Amendment are used for convenience of reference only, are not part of this Amendment and shall not
affect the construction of, or be taken into consideration in interpreting, this Amendment. 
 [Remainder of Page Intentionally Left Blank]

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

			
	TRIMAS CORPORATION

 
			
		
	By:	 	/s/ Robert J. Zalupski
		 	Name: Robert J. Zalupski
		 	Title: Vice President

 
			
	
	TRIMAS COMPANY LLC

 
			
		
	By:	 	/s/ Robert J. Zalupski
		 	Name: Robert J. Zalupski
		 	Title: Vice President

 
			
	
	AEROSPACE FINANCE HOLDINGS LLC
	ALLFAST FASTENING SYSTEMS, LLC
	ARMINAK & ASSOCIATES, LLC
	ARROW ENGINE COMPANY
	COMPAC CORPORATION
	INNOVATIVE MOLDING
	LAMONS GASKET COMPANY
	MAC FASTENERS, INC.
	MARTINIC ENGINEERING, INC.
	MONOGRAM AEROSPACE FASTENERS, INC.
	NI INDUSTRIES, INC.
	NORRIS CYLINDER COMPANY
	NORRIS TOOLING LLC
	RIEKE-ARMINAK CORP.
	RIEKE CORPORATION
	RIEKE LEASING CO., INCORPORATED
	TRIMAS INTERNATIONAL HOLDINGS LLC

 
			
		
	By:	 	/s/ Robert J. Zalupski
		 	Name: Robert J. Zalupski
		 	Title: Vice President

 
			
	
	RIEKE-LAMONS NEDERLAND HOLDINGS B.V.

 
			
		
	By:	 	/s/ Willem Zanting
		 	Name: Willem Zanting
		 	Title: Director A

 Signature Page to Amendment 

 
			
	
	RIEKE-LAMONS NEDERLAND HOLDINGS B.V.

 
			
		
	By:	 	/s/ Joshua A. Sherbin
		 	Name: Joshua A. Sherbin
		 	Title: Director B

 
			
	
	TRIMAS CORPORATION LIMITED

 
			
		
	By:	 	/s/ Joshua A. Sherbin
		 	Name: Joshua A. Sherbin
		 	Title: Director

 
			
	
	TRIMAS UK AEROSPACE HOLDINGS LIMITED

 
			
		
	By:	 	/s/ Joshua A. Sherbin
		 	Name: Joshua A. Sherbin
		 	Title: Secretary

  

 
			
	JPMORGAN CHASE BANK, N.A., as Administrative Agent, as a Lender, as a Fronting Lender, as an Issuing Bank and as a Swingline Lender
		
	By:	 	/s/ Richard Barritt
		 	Name: Richard Barritt
		 	Title: Vice President
	
	J.P. MORGAN EUROPE LIMITED, as Foreign Currency Agent
		
	By:	 	/s/ Mark Ryan
		 	Name: Mark Ryan
		 	Title: Vice President

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	JPMorgan Chase Bank, N.A.

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Richard Barritt

		 		 	Name: Richard Barritt
		 		 	Title: Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[    ] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

  

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	Bank of America, N.A.

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Michael E. Miller

		 		 	Name: Michael E. Miller
		 		 	Title: Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	Wells Fargo Bank, National Association

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Tom Trail

		 		 	Name: Tom Trail
		 		 	Title: Managing Director

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	Bank of Montreal

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Joshua Hovermale

		 		 	Name: Joshua Hovermale
		 		 	Title: Director

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	Bank of Montreal, London Branch

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Tony Ebdon

		 		 	Name: Tony Ebdon
		 		 	Title: Managing Director

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 /s/ Scott Matthews

		 		 	Name: Scott Matthews
		 		 	Title: CEO
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	Citizens Bank, N.A.

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	/s/ Stephen Maenhout
		 		 	Name: Stephen Maenhout
		 		 	Title: Senior Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	DEUTSCHE BANK AG NEW YORK BRANCH

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	/s/ Dusan Lazarov
		 		 	Name: Dusan Lazarov
		 		 	Title: Director

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	/s/ Marcus Tarkington
		 		 	Name: Marcus Tarkington
		 		 	Title: Director
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 ADDITIONAL REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as an Additional Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to provide New Revolving Commitments on and after the Effective Date in the
amount of such Additional Revolving Lender’s New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement
and (D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	
DEUTSCHE BANK AG NEW YORK 
BRANCH

  

					
	Executing as an Additional Revolving Lender:
			
		 	By:	 	/s/ Dusan Lazarov
		 		 	Name: Dusan Lazarov
		 		 	Title: Director

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	/s/ Marcus Tarkington
		 		 	Name: Marcus Tarkington
		 		 	Title: Director

 [Signature Page to Amendment] 

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	KEYBANK NATIONAL ASSOCIATION

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Suzannah Valdivia

		 		 	Name: Suzannah Valdivia
		 		 	Title: Senior Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 ADDITIONAL REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as an Additional Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to provide New Revolving Commitments on and after the Effective Date in the
amount of such Additional Revolving Lender’s New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement
and (D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	KEYBANK NATIONAL ASSOCIATION

  

					
	Executing as an Additional Revolving Lender:
			
		 	By:	 	 /s/ Suzannah Valdivia

		 		 	Name: Suzannah Valdivia
		 		 	Title: Senior Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:

 CONTINUING REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as a Continuing Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to continue its Existing Revolving Commitments as New Revolving Commitments on
the Effective Date in the amount of its New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement and
(D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	HSBC Bank USA, N.A.

  

					
	Executing as a Continuing Revolving Lender:
			
		 	By:	 	 /s/ Frank Eassa

		 		 	Name: Frank Eassa
		 		 	Title: Senior Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:
	
	[X] CHECK HERE IF LENDER ELECTS A CASHLESS ROLL OF ITS REVOLVING LOANS] 

 ADDITIONAL REVOLVING 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Amendment, dated as of September 20, 2017 (the “Amendment”) to the Credit Agreement dated as of October 16, 2013 (as
amended, amended and restated, supplemented or otherwise modified from time to time, including, without limitation, by that certain Replacement Facility Amendment dated as of June 30, 2015, that certain Foreign Subsidiary Borrowing Agreement
and Amendment, dated as of January 10, 2017 and that certain Amendment, dated as of March 8, 2017, the “Credit Agreement”), among TRIMAS CORPORATION (“Holdings”), TRIMAS COMPANY LLC, (the “Parent
Borrower”), the subsidiary borrowers from time to time parties thereto, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as
administrative agent (the “Administrative Agent”), and the other agents party thereto. Capitalized terms used but not defined in this Lender Addendum have the meanings assigned to such terms in the Amendment or the Credit Agreement,
as applicable. 
 By executing this Lender Addendum as an Additional Revolving Lender, the undersigned institution agrees (A) to the
terms of the Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Amendment and the Amended Credit Agreement, to provide New Revolving Commitments on and after the Effective Date in the
amount of such Additional Revolving Lender’s New Revolving Commitment, (C) on the Effective Date to make New Revolving Loans in the amount required to give effect to the provisions of Section 2.06(d) of the Amended Credit Agreement
and (D) that on the Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender thereunder and its New Revolving Commitments and New Revolving Loans will be
“Revolving Commitments” or “Revolving Loans”, as applicable, under the Amended Credit Agreement. 
  

			
	Name of Institution:	 	HSBC Bank USA, N.A.

  

					
	 Executing as an Additional Revolving Lender:

			
		 	By:	 	/s/ Frank Eassa
		 		 	Name: Frank Eassa
		 		 	Title: Senior Vice President

  

					
	For any institution requiring a second signature line:
			
		 	By:	 	 
		 		 	Name:
		 		 	Title:

 EXHIBIT A 

AMENDED CREDIT AGREEMENT 
 [see
attached] 

			
		  	CONFORMED FOR FOREIGN SUBSIDIARY BORROWING AGREEMENT AND AMENDMENT,
		  	DATED AS OF JANUARY 10, 2017, and AMENDMENT, DATED AS OF MARCH 8, 2017
		  	 EXECUTION COPY

	1	  	
		
	2	  	CREDIT AGREEMENT
		
	3	  	
	4	  	dated as of October 16, 2013,
		
	5	  	
	6	  	among
		
	7	  	
	8	  	TRIMAS CORPORATION,
		
	9	  	
	10	  	TRIMAS COMPANY LLC,
		
	11	  	
	12	  	The Foreign Subsidiary Term Borrowers Party Hereto,
	13	  	The Foreign Subsidiary Borrowers Party Hereto,
	14	  	The Lenders Party Hereto,
		
	15	  	
	16	  	JPMORGAN CHASE BANK, N.A.,
	17	  	as Administrative Agent and Collateral Agent,
		
	18	  	
	19	  	J.P. MORGAN EUROPE LIMITED,
	20	  	as Foreign Currency Agent,
		
	21	  	
	22	  	and
		
	23	  	
	24	  	BANK OF AMERICA, N.A., 
	25	  	and
	26	  	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	27	  	as Co-Syndication Agents,
		
	28	  	
	29	  	BANK OF MONTREAL,
	30	  	RBS CITIZENS BANK, N.A.,
	31	  	DEUTSCHE BANK SECURITIES INC.
	32	  	and
	33	  	MUFG UNION BANK, N.A.,
	34	  	KEYBANK NATIONAL ASSOCIATION,
	35	  	as Co-Documentation Agents
	36	  	
	37	  	As Amended as of June 30September 20, 20152017
		
	38	  	  

		
	39	  	J.P. MORGAN SECURITIES LLC,
	40	  	JPMORGAN CHASE BANK, N.A.,
	41	  	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,
	42	  	WELLS FARGO SECURITIES, LLC,
	43	  	as Joint Lead Arrangers and Joint Bookrunners
	44	  	  

									
	 45
	  		  	TABLE OF CONTENTS	  			
	 46
	  		  		  	 	Page	 
	 47
	  		  	ARTICLE I	  			
	 48
	  		  		  			
	 49
	  		  	DEFINITIONS	  			
	 50
	  	SECTION 1.01	  	Defined Terms	  	 	1	 
	 51
	  	SECTION 1.02	  	Classification of Loans and Borrowings	  	 	3848	 
	 52
	  	SECTION 1.03	  	Terms Generally	  	 	3848	 
	 53
	  	SECTION 1.04	  	Accounting Terms; GAAP	  	 	3948	 
	 54
	  	SECTION 1.05	  	Limited Conditionality Acquisition	  	 	49	 
	 55
	  	SECTION 1.06	  	Ratio Calculations; Negative Covenant Classifications.	  	 	50	 
				
	 56
	  		  	ARTICLE II	  			
	 57
	  		  		  			
	 58
	  		  	THE CREDITS	  			
	 59
	  	SECTION 2.01	  	Commitments	  	 	3950	 
	 60
	  	SECTION 2.02	  	Loans and Borrowings	  	 	4051	 
	 61
	  	SECTION 2.03	  	Requests for Borrowings	  	 	4152	 
	 62
	  	SECTION 2.04	  	Swingline Loans	  	 	4253	 
	 63
	  	SECTION 2.05	  	Letters of Credit	  	 	4355	 
	 64
	  	SECTION 2.06	  	Funding of Borrowings	  	 	5061	 
	 65
	  	SECTION 2.07	  	Interest Elections	  	 	5163	 
	 66
	  	SECTION 2.08	  	Termination and Reduction of Commitments	  	 	5364	 
	 67
	  	SECTION 2.09	  	Repayment of Loans; Evidence of Debt	  	 	5365	 
	 68
	  	SECTION 2.10	  	Amortization of Term Loans [Reserved]	  	 	54	 
	 69
	  		  		  	 	66	 
	 70
	  	SECTION 2.11	  	Prepayment of Loans	  	 	5567	 
	 71
	  	SECTION 2.12	  	Fees	  	 	5769	 
	 72
	  	SECTION 2.13	  	Interest	  	 	5970	 
	 73
	  	SECTION 2.14	  	Alternate Rate of Interest	  	 	5971	 
	 74
	  	SECTION 2.15	  	Increased Costs	  	 	6072	 
	 75
	  	SECTION 2.16	  	Break Funding Payments	  	 	6274	 
	 76
	  	SECTION 2.17	  	Taxes	  	 	6275	 
	 77
	  	SECTION 2.18	  	Payments Generally; Pro Rata Treatment; Sharing of Set-offs	  	 	6581	 
	 78
	  	SECTION 2.19	  	Mitigation Obligations; Replacement of Lenders	  	 	6783	 
	 79
	  	SECTION 2.20	  	Designation of Foreign Subsidiary Borrowers	  	 	6884	 
	 80
	  	SECTION 2.21	  	Incremental Facilities	  	 	6985	 
	 81
	  	SECTION 2.22	  	Defaulting Lenders	  	 	7287	 
	 82
	  	SECTION 2.23	  	Extensions	  	 	7490	 
	 83
	  	SECTION 2.24	  	Foreign Currency Participations; Conversion of Foreign Currency Loans	  	 	7692	 
	 84
	  	SECTION 2.25	  	Currency Fluctuations	  	 	7894	 
	 85
	  	SECTION 2.26	  	Illegality	  	 	7995	 

  
 -i- 

									
	 	  	 	  	 	  	Page	 
	 86
	  		  	ARTICLE III	  			
	 87
	  		  		  			
	 88
	  		  	REPRESENTATIONS AND WARRANTIES	  			
				
	 89
	  	 SECTION 3.01
	  	 Organization; Powers
	  	 	7995	 
	 90
	  	 SECTION 3.02
	  	 Authorization; Enforceability
	  	 	7995	 
	 91
	  	 SECTION 3.03
	  	 Governmental Approvals; No Conflicts
	  	 	8096	 
	 92
	  	 SECTION 3.04
	  	 Financial Condition; No Material Adverse Change
	  	 	8096	 
	 93
	  	 SECTION 3.05
	  	 Properties
	  	 	8096	 
	 94
	  	 SECTION 3.06
	  	 Litigation and Environmental Matters
	  	 	8197	 
	 95
	  	 SECTION 3.07
	  	 Compliance with Laws and Agreements
	  	 	8197	 
	 96
	  	 SECTION 3.08
	  	 Investment Company Status
	  	 	8198	 
	 97
	  	 SECTION 3.09
	  	 Taxes
	  	 	8198	 
	 98
	  	 SECTION 3.10
	  	 ERISA
	  	 	8298	 
	 99
	  	 SECTION 3.11
	  	 Disclosure
	  	 	8298	 
	 100
	  	 SECTION 3.12
	  	 Subsidiaries
	  	 	8298	 
	 101
	  	 SECTION 3.13
	  	 Insurance
	  	 	8298	 
	 102
	  	 SECTION 3.14
	  	 Labor Matters
	  	 	8298	 
	 103
	  	 SECTION 3.15
	  	 Solvency
	  	 	8299	 
	 104
	  	 SECTION 3.16
	  	 Senior Indebtedness
	  	 	8399	 
	 105
	  	 SECTION 3.17
	  	 Security Documents
	  	 	8399	 
	 106
	  	 SECTION 3.18
	  	 Federal Reserve Regulations
	  	 	84100	 
	 107
	  	 SECTION 3.19
	  	 Anti-Corruption Laws and Sanctions
	  	 	84100	 
	 108
	  	 SECTION 3.20
	  	 EEA Financial Institutions
	  	 	100	 
	 109
	  	 SECTION 3.21
	  	 Persons of Significant Control
	  	 	101	 
				
	 110
	  		  	ARTICLE IV	  			
	 111
	  		  		  			
				
	 112
	  		  	CONDITIONS	  			
				
	 113
	  	 SECTION 4.01
	  	 Closing Date
	  	 	84101	 
	 114
	  	 SECTION 4.02
	  	 Each Credit Event
	  	 	86103	 
	 115
	  	 SECTION 4.03
	  	 Credit Events Relating to Foreign Subsidiary Borrowers
	  	 	86103	 
	 116
	  	 SECTION 4.04
	  	 Conditions to the Restatement Date
	  	 	87103	 
				
	 117
	  		  	ARTICLE V	  			
	 118
	  		  		  			
				
	 119
	  		  	AFFIRMATIVE COVENANTS	  			
				
	 120
	  	 SECTION 5.01
	  	 Financial Statements and Other Information
	  	 	89105	 
	 121
	  	 SECTION 5.02
	  	 Notices of Material Events
	  	 	90107	 
	 122
	  	 SECTION 5.03
	  	 Information Regarding Collateral
	  	 	91107	 
	 123
	  	 SECTION 5.04
	  	 Existence; Conduct of Business
	  	 	91108	 
	 124
	  	 SECTION 5.05
	  	 Payment of Obligations
	  	 	92108	 
	 125
	  	 SECTION 5.06
	  	 Maintenance of Properties
	  	 	92109	 
	 126
	  	 SECTION 5.07
	  	 Insurance
	  	 	92109	 
	 127
	  	 SECTION 5.08
	  	 Casualty and Condemnation
	  	 	92109	 
	 128
	  	 SECTION 5.09
	  	 Books and Records; Inspection and Audit Rights
	  	 	93109	 
	 129
	  	 SECTION 5.10
	  	 Compliance with Laws
	  	 	93110	 
	 130
	  	 SECTION 5.11
	  	 Use of Proceeds and Letters of Credit
	  	 	93110	 

  
 -ii- 

									
	 	  	 	  	 	  	Page	 
				
	131	  	 SECTION 5.12
	  	 Additional Subsidiaries
	  	 	93110	 
	132	  	 SECTION 5.13
	  	 Further Assurances
	  	 	93110	 
	133	  	 SECTION 5.14
	  	Post-Restatement Date Matters	  	 	94	 
				
	134	  		  	ARTICLE VI	  			
	135	  		  		  			
	136	  		  	NEGATIVE COVENANTS	  			
				
	137	  	 SECTION 6.01
	  	 Indebtedness; Certain Equity Securities
	  	 	94111	 
	138	  	 SECTION 6.02
	  	 Liens
	  	 	97115	 
	139	  	 SECTION 6.03
	  	 Fundamental Changes
	  	 	99117	 
	140	  	 SECTION 6.04
	  	 Investments, Loans, Advances, Guarantees and Acquisitions
	  	 	99118	 
	141	  	 SECTION 6.05
	  	 Asset Sales
	  	 	101120	 
	142	  	 SECTION 6.06
	  	 Sale and Leaseback Transactions
	  	 	102122	 
	143	  	 SECTION 6.07
	  	 Hedging Agreements
	  	 	102122	 
	144	  	 SECTION 6.08
	  	 Restricted Payments; Certain Payments of Indebtedness
	  	 	102122	 
	145	  	 SECTION 6.09
	  	 Transactions with Affiliates
	  	 	105126	 
	146	  	 SECTION 6.10
	  	 Restrictive Agreements
	  	 	105127	 
	147	  	 SECTION 6.11
	  	 Amendment of Material Documents
	  	 	105128	 
	148	  	 SECTION 6.12
	  	 Interest Expense Coverage Ratio
	  	 	106128	 
	149	  	 SECTION 6.13
	  	 Total Net Leverage Ratio; Senior Secured Net Leverage Ratio
	  	 	106128	 
	150	  	 SECTION 6.14
	  	 Use of Proceeds
	  	 	106128	 
				
	151	  		  	ARTICLE VII	  			
	152	  		  		  			
				
	153	  		  	EVENTS OF DEFAULT	  			
				
	154	  		  	ARTICLE VIII	  			
	155	  		  		  			
				
	156	  		  	THE AGENTS	  			
				
	157	  		  	ARTICLE IX	  			
	158	  		  		  			
				
	159	  		  	COLLECTION ALLOCATION MECHANISM[RESERVED]	  			
				
	160	  	 SECTION 9.01
	  	Implementation of CAM	  	 	111	 
	161	  	 SECTION 9.02
	  	Letters of Credit	  	 	112	 
				
	162	  		  	ARTICLE X	  			
	163	  		  		  			
				
	164	  		  	MISCELLANEOUS	  			
				
	165	  	 SECTION 10.01
	  	 Notices
	  	 	113136	 
	166	  	 SECTION 10.02
	  	 Waivers; Amendments
	  	 	114137	 
	167	  	 SECTION 10.03
	  	 Expenses; Indemnity; Damage Waiver
	  	 	117140	 
	168	  	 SECTION 10.04
	  	 Successors and Assigns
	  	 	119142	 
	169	  	 SECTION 10.05
	  	 Survival
	  	 	122145	 
	170	  	 SECTION 10.06
	  	 Counterparts; Integration; Effectiveness
	  	 	122145	 
	171	  	 SECTION 10.07
	  	 Severability
	  	 	122146	 
	172	  	 SECTION 10.08
	  	 Right of Setoff
	  	 	123146	 
	173	  	 SECTION 10.09
	  	 Governing Law; Jurisdiction; Consent to Service of Process
	  	 	123146	 

  
 -iii- 

									
	 	  	 	  	 	  	Page	 
				
	 174
	  	 SECTION 10.10
	  	 WAIVER OF JURY TRIAL
	  	 	124147	 
	 175
	  	 SECTION 10.11
	  	 Headings
	  	 	124147	 
	 176
	  	 SECTION 10.12
	  	 Confidentiality
	  	 	124147	 
	 177
	  	 SECTION 10.13
	  	 Interest Rate Limitation
	  	 	125148	 
	 178
	  	 SECTION 10.14
	  	 Judgment Currency
	  	 	125148	 
	 179
	  	 SECTION 10.15
	  	Obligations Joint and SeveralRelease of Mortgages	  	 	125	 
	 180
	  		  		  	 	149	 
	 181
	  	 SECTION 10.16
	  	 PATRIOT Act
	  	 	127150	 
	 182
	  	 SECTION 10.17
	  	 No Fiduciary Duty
	  	 	127150	 
	 183
	  	 SECTION 10.18
	  	 Parallel Debt
	  	 	127151	 
	 184
	  	 SECTION 10.19
	  	 No Novation
	  	 	130153	 
	 185
	  	 SECTION 10.20
	  	Release of Cequent GroupAcknowledgement and Consent to Bail-In of EEA	  	 	130	 
	 186
	  		  	    Financial Institutions	  	 	154	 
	 187
	  	 SECTION 10.21
	  	 MIRE Events
	  	 	154	 
	 188
	  		  		  			
	 189
	  		  		  			

  
 -iv- 

									
	190	  	 SCHEDULES:
	  				  	
				
	191	  	Schedule 1.01(a)	  	 	–	 	  	Existing Letters of Credit
	192	  	Schedule 1.01(b)	  	 	–	 	  	Administrative Schedule
	193	  	Schedule 1.01(c)	  	 	–	 	  	Foreign Currency Lenders
	194	  	Schedule 2.01	  	 	–	 	  	Commitments
	195	  	Schedule 3.05	  	 	–	 	  	Real Property
	196	  	Schedule 3.06	  	 	–	 	  	Disclosed Matters
	197	  	Schedule 3.12	  	 	–	 	  	Subsidiaries
	198	  	Schedule 3.13	  	 	–	 	  	Insurance
	199	  	Schedule 6.01	  	 	–	 	  	Existing Indebtedness
	200	  	Schedule 6.02	  	 	–	 	  	Existing Liens
	201	  	Schedule 6.04	  	 	–	 	  	Existing Investments
	202	  	Schedule 6.05	  	 	–	 	  	Asset Sales
	203	  	Schedule 6.09	  	 	–	 	  	Existing Affiliate Transactions
	204	  	 Schedule 6.10
	  	 	–	 	  	 Existing Restrictions

				
	205	  	 EXHIBITS:
	  				  	
				
	206	  	Exhibit A	  	 	–	 	  	Form of Assignment and Assumption
	207	  	Exhibit B	  	 	–	 	  	Form of Borrowing Request
	208	  	Exhibit C	  	 	–	 	  	Form of Foreign Subsidiary Borrowing Agreement
	209	  	Exhibit D	  	 	–	 	  	Form of Guarantee Agreement
	210	  	Exhibit E	  	 	–	 	  	Form of Indemnity, Subrogation and Contribution Agreement
	211	  	Exhibit F	  	 	–	 	  	Form of Mortgage
	212	  	Exhibit G	  	 	–	 	  	Form of Pledge Agreement
	213	  	Exhibit H	  	 	–	 	  	Form of Security Agreement
	214	  	Exhibit I	  	 	–	 	  	Form of U.S. Tax Certificate

  
 -v- 

			
	 215
	  	 CREDIT AGREEMENT (this “Agreement”) dated as of October 16, 2013, as amended

	 216
	  	 as of June 30September 20, 20152017, among
TRIMAS COMPANY LLC, TRIMAS CORPORATION,

	 217
	  	 the SUBSIDIARY TERM BORROWERS party hereto, the FOREIGN SUBSIDIARY
BORROWERS

	 218
	  	 party hereto, the LENDERS party hereto, JPMORGAN CHASE BANK, N.A., as Administrative
Agent

	 219
	  	 and Collateral Agent, and J.P. MORGAN EUROPE LIMITED, as Foreign Currency Agent.

		
	 220
	  	RECITALS:
		
	 221
	  	 In consideration of the premises and the agreements, provisions and covenants herein

	 222
	  	 contained, the parties hereto hereby agree as follows:

		
	 223
	  	ARTICLE I
	 224
	  	
	 225
	  	Definitions
		
	 226
	  	 SECTION 1.01 Defined Terms. As used in this Agreement, the following terms have

	 227
	  	 the meanings specified below:

		
	 228
	  	 “ABR,” when used in reference to any Loan or Borrowing, refers to whether such Loan,

	 229
	  	 or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to
the

	 230
	  	 Alternate Base Rate.

		
	 231
	  	 “Acquisition Lease Financing” means any sale or transfer by the Parent Borrower or any

	 232
	  	 Subsidiary of any property, real or personal, that is acquired pursuant to a Permitted
Acquisition, in an

	 233
	  	 aggregate amount not to exceed $75,000,000 at any time after the Restatement Date, which property
is

	 234
	  	 rented or leased by the Parent Borrower or such Subsidiary from the purchaser or transferee of
such

	 235
	  	 property, so long as the proceeds from such transaction consist solely of cash.

		
	 236
	  	 “Adjusted LIBO Rate” means, with respect to any Eurocurrency Borrowing for any

	 237
	  	 Interest Period, an interest rate per annum equal to (a) the LIBO Rate for such Interest
Period multiplied

	 238
	  	 by (b) the Statutory Reserve Rate; provided that if the Adjusted LIBO Rate is less
than zero, it shall be

	 239
	  	 deemed to be zero for purposes of this Agreement.

		
	 240
	  	 “Administrative Agent” means JPMCB, in its capacity as administrative agent for the

	 241
	  	 Lenders hereunder.

		
	 242
	  	 “Administrative Schedule” means Schedule 1.01(b) to this Agreement, which contains

	 243
	  	 administrative information in respect of (i) each Foreign Currency and each Foreign Currency
Loan and

	 244
	  	 (ii) each L/C Foreign Currency and each Letter of Credit denominated in an L/C Foreign
Currency.

		
	 245
	  	 “Administrative Questionnaire” means an Administrative Questionnaire in a form

	 246
	  	 supplied by the Administrative Agent.

		
	 247
	  	 “Affiliate” means, with respect to a specified Person, another Person that directly, or

	 248
	  	 indirectly through one or more intermediaries, Controls or is Controlled by or is under common
Control

	 249
	  	 with the Person specified.

		
	 250
	  	 “Agents” means, collectively, the Administrative Agent, the Collateral Agent, the

	 251
	  	 Foreign Currency Agent and, the Syndication Agents and the
Documentation Agents.

		
	 252
	  	 “Agreement” has the meaning assigned to such term in the preamble hereto.

			
	 253
	  	 “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a)

	 254
	  	 the Prime Rate in effect on such day, (b) the Federal Funds
EffectiveNYFRB Rate in effect on such day

	 255
	  	 plus
 1⁄2 of 1% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day

	 256
	  	 is not a Business Day, the immediately preceding Business Day) for a deposit in dollars
with a maturity of 

	 257
	  	one month plus 1%. For purposes of clause (c) aboveplus 1%, provided that for the purpose of this
	 258
	  	 definition, the Adjusted LIBO Rate onfor any day shall be
the LIBO Rate, two Business Days prior to 

	 259
	  	such day for deposits in dollars with a maturity of one monthbased on the LIBOR Screen Rate (or if the
	 260
	  	 LIBOR Screen Rate is not available for such one month Interest Period, the Interpolated Rate)
at

	 261
	  	 approximately 11:00 a.m. London time on such day. Any change in the Alternate Base Rate due
to a

	 262
	  	 change in the Prime Rate, the Federal Funds EffectiveNYFRB Rate or the
Adjusted LIBO Rate shall be

	 263
	  	 effective from and including the effective date of such change in the Prime Rate, the
Federal Funds 

	 264
	  	EffectiveNYFRB Rate or the Adjusted LIBO Rate, as the case may be.respectively. If the Alternate Base
	 265
	  	 Rate is being used as an alternate rate of interest pursuant to Section 2.14 hereof, then
the Alternate Base

	 266
	  	 Rate shall be the greater of clause (a) and (b) above and shall be determined without
reference to clause

	 267
	  	 (c) above. For the avoidance of doubt, if the Alternate Base Rate shall be less than zero, such
rate shall be

	 268
	  	 deemed to be zero for purposes of this Agreement.

		
	 269
	  	 “Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction

	 270
	  	 applicable to the BorrowerHoldings or its Subsidiaries from time to time
concerning or relating to bribery

	 271
	  	 or corruption.

		
	 272
	  	 “Applicable Borrower” has the meaning assigned to such term in Section 2.17(a).

		
	 273
	  	 “Applicable Percentage” means, at any time, with respect to any Revolving Lender, the

	 274
	  	 percentage of the total Revolving Commitments represented by such Lender’s Revolving
Commitment. If

	 275
	  	 the Revolving Commitments have terminated or expired, the Applicable Percentages shall be
determined

	 276
	  	 based upon the Revolving Commitments most recently in effect, giving effect to any
assignments.

		
	 277
	  	 “Applicable Rate” means, for any day, (a) with respect
to any ABR Tranche A Term 

	 278
	  	Loan or Eurocurrency Tranche A Term Loan, the applicable rate per annum set forth below under the
	 279
	  	caption “ABR Spread” or “Eurocurrency Spread,” as the case may be, based upon the Leverage Ratio as
	 280
	  	 of the most recent determination date,
(b) with respect to any Incremental Term Loan of any Series, the 

	 281
	  	rate per annum specified in the Incremental Facility Agreement establishing the Incremental Term
	 282
	  	Commitments of such Series, (c) with respect to the Commitment Fees, the applicable rate per annum set
	 283
	  	 forth under the caption “Commitment Fee Rate” based upon the Leverage Ratio as of the
most recent

	 284
	  	 determination date, (db) with respect to any Swingline Loan, the
applicable rate per annum set forth

	 285
	  	 below under the caption “ABR Spread” based upon the Leverage Ratio as of the most
recent

	 286
	  	 determination date and (ec) with respect to any ABR Revolving Loan or
Eurocurrency Revolving Loan,

	 287
	  	 the applicable rate per annum set forth below under the caption “ABR Spread” or
“Eurocurrency Spread,”

	 288
	  	 as the case may be, based upon the Leverage Ratio as of the most recent determination date;
provided that

	 289
	  	 for purposes of clauses (a), (c), (db) and (ec),
until the date of delivery of the consolidated financial

	 290
	  	 statements pursuant to Section 5.01(b) as of and for the first fiscal quarter ended
June 30, 2015after the

	 291
	  	 Restatement Date, the Applicable Rate shall be based on the rates per annum set forth in
Category 3:

  

													
	Leverage Ratio	  	ABR
Spread	 	 	Eurocurrency
Spread	 	 	Commitment
Fee Rate	 
	 Category 1: Greater than or equal to 3.25 to 1.00
	  	 	1.000	% 	 	 	2.000	% 	 	 	0.350	% 

  
 -2- 

													
	Leverage Ratio	  	ABR
Spread	 	 	Eurocurrency
Spread	 	 	Commitment
Fee Rate	 
	 Category 2: Greater than or equal to 2.75 to 1.00 but less than 3.25 to 1.00
	  	 	0.750	% 	 	 	1.750	% 	 	 	0.300	% 
	 Category 3: Greater than or equal to 2.25 to 1.00 but less than 2.75 to 1.00
	  	 	0.625	% 	 	 	1.625	% 	 	 	0.2750.25	% 
	 Category 4: Greater than or equal to 1.50 to 1.00 but less than 2.25 to 1.00
	  	 	0.500	% 	 	 	1.500	% 	 	 	0.2500.225	% 
	 Category 5: Less than 1.50 to 1.00
	  	 	0.375	% 	 	 	1.375	% 	 	 	0.2250.200	% 

  

			
	292	  	
	293	  	 For purposes of the foregoing clauses (a), (b) and (c), (d) and (e), (i) the Leverage
Ratio

	294	  	 shall be determined as of the end of each fiscal quarter of the Parent Borrower’s fiscal year
based upon

	295	  	 Holdings’ consolidated financial statements delivered pursuant to Section 5.01(a) or
(b) and (ii) each

	296	  	 change in the Applicable Rate resulting from a change in the Leverage Ratio shall be effective
during the

	297	  	 period commencing on and including the date of delivery to the Administrative Agent of
such

	298	  	 consolidated financial statements indicating such change and ending on the date immediately
preceding

	299	  	 the effective date of the next such change; provided that the Leverage Ratio shall be
deemed to be in

	300	  	 Category 1 (A) at any time that an Event of Default has occurred and is continuing or (B) if
Holdings or

	301	  	 the Parent Borrower fails to deliver the consolidated financial statements required to be
delivered by it

	302	  	 pursuant to Section 5.01(a) or (b), during the period from the expiration of the time for
delivery thereof

	303	  	 until such consolidated financial statements are delivered.

		
	304	  	 “Applicable UK Payment” has the meaning assigned to such term in Section 2.17(k).

		
	305	  	 “Applicable U.S. Borrower” has the meaning assigned to such term in
Section 2.17(f).

		
	306	  	 “Approved Fund” means any Person (other than a natural person) that is engaged in

	307	  	 making, purchasing, holding or investing in bank loans and similar extensions of credit in the
ordinary

	308	  	 course and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender
or (c) an entity or

	309	  	 an Affiliate of an entity that administers or manages a Lender.

		
	310	  	 “Assignment and Assumption” means an assignment and assumption entered into by a

	311	  	 Lender and an assignee (with the consent of any Person whose consent is required by
Section 10.04), and

	312	  	 accepted by the Administrative Agent, in the form of Exhibit A or any other form approved by
the

	313	  	 Administrative Agent.

		
	314	  	 “Assumed Preferred Stock” means any preferred stock or preferred Equity Interests of

	315	  	 any Person that becomes a Subsidiary after the Restatement Date; provided that
(a) such preferred stock

	316	  	 or preferred Equity Interests exist at the time such Person becomes a Subsidiary and are not
created in

	317	  	 contemplation of or in connection with such Person becoming a Subsidiary and (b) the
aggregate

	318	  	 liquidation value of all such outstanding preferred stock and preferred Equity Interests shall not
exceed

	319	  	 $40,000,000 at any time outstanding, less the aggregate principal amount of Indebtedness incurred
and

	320	  	 outstanding pursuant to Section 6.01(a)(x).

  
 -3- 

			
	 321
	  	 “Australian Dollars” means the lawful currency of
Australia.

		
	 322
	  	 “Available Amount” means, as of any date of determination, an amount equal to:

		
	 323
	  	 (a) the sum of (without duplication):

		
	 324
	  	 (i) if positive, equal to 50% of the cumulative Retained Excess Cash Flow

	 325
	  	 Amount; andConsolidated Net Income of the Parent Borrower for the period (taken
as

	 326
	  	 one accounting period) commencing from July 1, 2017 to the end of the fiscal
quarter

	 327
	  	 most recently ended in respect of which consolidated financial statements have
been

	 328
	  	 delivered pursuant to Section 5.01(a) or (b);

		
	 329
	  	 (ii) the Net Proceeds Not Otherwise Applied received by the Parent

	 330
	  	 BorrowerHoldings after the Restatement Date from (A) cash contributions
(other than

	 331
	  	 from the Parent Borrower or a Subsidiary) to the Parent
BorrowerHoldings or (B) the

	 332
	  	 issuance and sale of its Equity Interests (other than a sale to the Parent Borrower or
a

	 333
	  	 Subsidiary and other than an issuance or sale of Disqualified Equity
Interests);

		
	 334
	  	 (iii) the principal amount of any Indebtedness of the Parent Borrower or
any

	 335
	  	 Subsidiary issued after the Restatement Date which has been converted into or
exchanged

	 336
	  	 for Equity Interests (other than Disqualified Equity Interests) in Holdings or any direct
or

	 337
	  	 indirect parent of Holdings; and

		
	 338
	  	 (iv) in the event that all or a portion of the Available Amount has
been

	 339
	  	 applied to make an investment pursuant to Section 6.04(s), an amount (not to exceed
the

	 340
	  	 original amount of such Investment) equal to the aggregate amount received by
the

	 341
	  	 Parent Borrower or any Subsidiary in cash and Permitted Investments, or the fair
market

	 342
	  	 value of any property received by the Parent Borrower or any Subsidiary, from:
(i) the

	 343
	  	 sale (other than to the Parent Borrower or any Subsidiary) of any such investment
less

	 344
	  	 any amounts that would be deducted pursuant to clause (b) of the definition of
Net

	 345
	  	 Proceeds, (ii) any dividend or other distribution received in respect of any
such

	 346
	  	 investment and (iii) interest, returns of principal, repayments and similar
payments

	 347
	  	 received in respect of any such investment;

		
	 348
	  	 minus

		
	 349
	  	 (b) the amount of any investments made after the Restatement Date in reliance on

	 350
	  	 Section 6.04(s) prior to such date, any Restricted Payments made after the Restatement Date
in

	 351
	  	 reliance on Section 6.08(a)(v) (solely in respect of dividends on Qualified Holdings
Preferred

	 352
	  	 Stock issued pursuant to clause (c) of the definition thereof) or
Section 6.08(a)(vii) and any

	 353
	  	 prepayments of Indebtedness made after the Restatement Date in reliance on
Section 6.08(b)(vii)

	 354
	  	 prior to such date;.

		
	 355
	  	 “Bail-In Action” means the exercise of any
Write-Down and Conversion Powers by the

	 356
	  	 applicable EEA Resolution Authority in respect of any liability of an EEA Financial
Institution.

		
	 357
	  	 “Bail-In Legislation” means, with respect to
any EEA Member Country implementing

	 358
	  	 Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the
European

	 359
	  	 Union, the implementing law for such EEA Member Country from time to time which is described in
the

	 360
	  	 EU Bail-In Legislation Schedule.

  
 -4- 

			
	 361
	  	 minus

		
	 362
	  	 (c) the portion of Excess Cash Flow not otherwise required to be used to
prepay

	 363
	  	 Term Loans pursuant to Section 2.11(d)) that is used after the Restatement Date pursuant
to

	 364
	  	 Section 6.08(a)(v) or Section 6.08(a)(vii).

		
	 365
	  	 “Bankruptcy Event” means, with respect to any Person, that such Person has become the

	 366
	  	 subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator,
trustee,

	 367
	  	 administrator, custodian, assignee for the benefit of creditors or similar Person charged with
the

	 368
	  	 reorganization or liquidation of its business appointed for it, or, in the good faith
determination of the

	 369
	  	 Administrative Agent, has taken any action in furtherance of, or indicating its consent to,
approval of or

	 370
	  	 acquiescence in, any such proceeding or appointment; provided that a Bankruptcy Event shall
not result

	 371
	  	 solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such
Person by

	 372
	  	 a Governmental Authority; provided, however, that such ownership interest does not
result in or provide

	 373
	  	 such Person with immunity from the jurisdiction of courts within the United States of America or
from

	 374
	  	 the enforcement of judgments or writs of attachment on its assets or permit such Person (or
such

	 375
	  	 Governmental Authority) to reject, repudiate, disavow or disaffirm any agreements made by such
Person.

		
	 376
	  	 “Below Threshold Mortgage” means any Mortgage outstanding immediately prior to the

	 377
	  	 Restatement Date in respect of which the fair market value, as of the Restatement Date, of the
Mortgaged

	 378
	  	 Property subject thereto is individually less than $10,000,000.

		
	 379
	  	 “Board” means the Board of Governors of the Federal Reserve System of the United

	 380
	  	 States of America.

		
	 381
	  	 “Borrowing” means (a) Loans of the same Class and Type, made, converted or
continued

	 382
	  	 on the same date and (i) in the case of Eurocurrency Loans denominated in dollars, as to
which a single

	 383
	  	 Interest Period is in effect and (ii) in the case of Foreign Currency Loans, Loans in a
single currency and

	 384
	  	 as to which a single Interest Period is in effect or (b) a Swingline Loan.

		
	 385
	  	 “Borrowing Request” means a request by the Parent Borrower, a Subsidiary Term

	 386
	  	 Borrower or a Foreign Subsidiary Borrower, as the case may be, for a Borrowing in
accordance with

	 387
	  	 Section 2.03 or 2.04, as applicable, which shall be, in the case of any such written request,
in the form of

	 388
	  	 Exhibit B or any other form approved by the Administrative Agent.

		
	 389
	  	 “Business Day” means any day that is not a Saturday, Sunday or other day on which

	 390
	  	 commercial banks in New York City are authorized or required by law to remain closed;
provided that (i)

	 391
	  	 when used in connection with any Eurocurrency Loan denominated in dollars, the term “Business
Day”

	 392
	  	 shall also exclude any day on which banks are not open for dealings in dollar deposits in the
London

	 393
	  	 interbank market and (ii) when used in connection with any Foreign Currency Loan, the term
“Business

	 394
	  	 Day” shall also exclude (x) any day which is not a day for trading by and between banks
in deposits for

	 395
	  	 the applicable currency in the interbank eurocurrency market, (y) with respect to Foreign
Currency Loans

	 396
	  	 denominated in Euros, any day which is not also a TARGET Day (as determined by the
Administrative

	 397
	  	 Agent) and (z) with respect to Foreign Currency Loans in a Foreign Currency other than Euros,
any day

	 398
	  	 which is not also a day on which banks are open for dealings in such currency in the Principal
Financial

	 399
	  	 Center for the applicable currency.

		
	 400
	  	 “Calculation Date” means the last Business Day of each calendar quarter (or any other

	 401
	  	 day selected by the Administrative Agent); provided that (a) the second Business Day
preceding (or such

	 402
	  	 other Business Day as the Administrative Agent shall deem applicable with respect to any
Foreign

	 403
	  	 Currency in accordance with rate-setting convention for such currency) (i) the date of each
Borrowing of

  
 -5- 

			
	 404
	  	 Foreign Currency Loans or (ii) any date on which a Foreign Currency Loan is continued shall
also be a

	 405
	  	 “Calculation Date,” (b) the date of each Borrowing of any other Loan made hereunder
shall also be a

	 406
	  	 “Calculation Date” and (c) the date of issuance, amendment, renewal or extension of
a Letter of Credit, or

	 407
	  	 any other date determined by the applicable Issuing Bank, shall also be a Calculation
Date.

		
	 408
	  	 “CAM” shall mean the mechanism for the allocation and
exchange of interests in the

	 409
	  	 Credit Facilities and collections thereunder established under Article
IX.

		
	 410
	  	 “CAM Exchange” shall mean the exchange of the Lenders’
interests provided for in

	 411
	  	 Section 9.01.

		
	 412
	  	 “CAM Exchange Date” shall mean the date on which (a) any
event referred to in

	 413
	  	 paragraph (h) or (i) of Article VII shall occur in respect of Holdings, the Parent
Borrower, any Subsidiary

	 414
	  	 Term Borrower or any Foreign Subsidiary Borrower or (b) an acceleration of the maturity of
the Loans

	 415
	  	 pursuant to Article VII shall occur.

		
	 416
	  	 “CAM Percentage” shall mean, as to each Lender, a fraction,
expressed as a decimal, of

	 417
	  	 which (a) the numerator shall be the aggregate dollar amount of the sum, without
duplication, of (i) the

	 418
	  	 Specified Obligations (including the Dollar Equivalent of any Specified Obligations owing
in any

	 419
	  	 currency (other than dollars)) owed to such Lender, (ii) such Lender’s participation
in undrawn amounts

	 420
	  	 of Letters of Credit immediately prior to the CAM Exchange Date and (iii) such
Lender’s Foreign

	 421
	  	 Currency Participating Interest and (b) the denominator shall be the aggregate dollar
amount of the sum,

	 422
	  	 without duplication, of (i) the Specified Obligations (including the Dollar Equivalent of
any Specified

	 423
	  	 Obligations owing in any currency (other than dollars)) owed to all the Lenders and (ii)
the aggregate

	 424
	  	 undrawn amount of outstanding Letters of Credit (including the Dollar Equivalent of the
undrawn amount

	 425
	  	 of any Letters of Credit denominated in an LC Foreign Currency) immediately prior to such
CAM

	 426
	  	 Exchange Date; provided that, for purposes of
clause (a) above, the Specified Obligations owed to the

	 427
	  	 Fronting Lender will be deemed not to include any Fronted Foreign Currency
Loans.

		
	 428
	  	 “Capital Expenditures” means, for any period, without duplication, (a) the additions
to

	 429
	  	 property, plant and equipment and other capital expenditures of Holdings, the Parent Borrower and
its

	 430
	  	 consolidated Subsidiaries (including the Receivables Subsidiary) that are (or would be) set forth
in a

	 431
	  	 consolidated statement of cash flows of Holdings for such period prepared in accordance with
GAAP

	 432
	  	 other than (x) such additions and expenditures classified as Permitted Acquisitions and
(y) such additions

	 433
	  	 and expenditures made with Net Proceeds from any casualty or other insured damage or condemnation
or

	 434
	  	 similar awards and (b) CapitalFinancing Lease Obligations incurred by
Holdings, the Parent Borrower

	 435
	  	 and its consolidated Subsidiaries (including the Receivables Subsidiary) during such
period.

  
 -6- 

			
		
	 436
	  	 “Capital Lease Obligations” of any Person means the
obligations of such Person to pay

	 437
	  	 rent or other amounts under any lease of (or other arrangement conveying the right to use)
real or personal

	 438
	  	 property, or a combination thereof, which obligations are required to be classified and
accounted for as

	 439
	  	 capital leases on a balance sheet of such Person under GAAP, and the amount of such
obligations shall be

	 440
	  	 the capitalized amount thereof determined in accordance with GAAP;
provided that any change in GAAP

	 441
	  	 after the Restatement Date that would require lease obligations that would have been
characterized and

	 442
	  	 accounted for as operating leases in accordance with GAAP as in effect on the Restatement
Date to be

	 443
	  	 characterized and accounted for as Capital Lease Obligations shall be disregarded for
purposes hereof.

		
	 444
	  	 “Cequent” means Horizon Global Corporation, a Delaware
corporation.

		
	 445
	  	 “Cequent Group” means Cequent and its
subsidiaries.

		
	 446
	  	 “Cequent Related Costs” means reasonably identifiable and
factually supportable non-

	 447
	  	 recurring costs and expenses relating to the formation of Cequent’s corporate office
prior to the

	 448
	  	 Restatement Date. 

		
	 449
	  	 “Cequent Spin-off” means a “spin-off” transaction
with respect to Cequent such that all

	 450
	  	 of the Equity Interests in Cequent are “spun-off” from the Parent Borrower
ratably to the holders of the

	 451
	  	 Equity Interests in Holdings and Cequent ceases to be a Subsidiary of the Parent Borrower
and becomes a

	 452
	  	 public company.

		
	 453
	  	 “Cequent Spin-off Agreement” means the Separation and
Distribution Agreement, dated

	 454
	  	 as of June 30, 2015, by and between Cequent and Holdings.

		
	 455
	  	 “CFC” means a “controlled foreign corporation” within the meaning of Section 957
of

	 456
	  	 the Code.

		
	 457
	  	 “CFC Holdco” means any Domestic Subsidiary substantially all the assets of which

	 458
	  	 consist of Equity Interests of one or more CFCs.

		
	 459
	  	 “Change in Control” means (a) the acquisition by any Person other than Holdings of
any

	 460
	  	 direct Equity Interest in the Parent Borrower, (b) the acquisition of beneficial ownership,
directly or

	 461
	  	 indirectly, by any Person or group (within the meaning of the Securities Exchange
Act of 1934 and the 

	 462
	  	 rules of the Commission thereunder), of Equity Interests representing more than
35% of either the

	 463
	  	 aggregate ordinary voting power represented by the issued and outstanding Equity Interests in
Holdings,

	 464
	  	 (d) the board of directors of Holdings shall cease to consist of a majority of Continuing
Directors or (e)

	 465
	  	 the occurrence of any change in control (or similar event, however denominated) with respect to
Holdings

	 466
	  	 or the Parent Borrower under (i) any indenture or other agreement in respect of Material
Indebtedness to

	 467
	  	 which Holdings, the Parent Borrower or any Subsidiary is a party, (ii) any instrument
governing any

	 468
	  	 preferred stock of Holdings, the Parent Borrower or any Subsidiary having a liquidation value
or

	 469
	  	 redemption value in excess of $10,000,000 or (iii) the Permitted Receivables
Financing.

		
	 470
	  	 Notwithstanding the preceding or any provision of Rule 13d-3 of the Exchange
Act, a

	 471
	  	 Person or group shall not be deemed to beneficially own voting stock subject to a stock or
asset purchase

	 472
	  	 agreement, merger agreement, option agreement, warrant agreement or similar agreement (or
voting or

	 473
	  	 option or similar agreement related thereto) until the consummation of the acquisition of the
voting stock

	 474
	  	 in connection with the transactions contemplated by such agreement.

		
	 475
	  	 “Change in Law” means (a) the adoption of any law, rule or regulation after the

	 476
	  	 Restatement Date, (b) any change in any law, rule or regulation or in the interpretation or
application

  
 -7- 

			
	477	  	 thereof by any Governmental Authority after the Restatement Date or (c) compliance by any
Lender or

	478	  	 the Issuing Bank (or, for purposes of Section 2.15(b), by any lending office of such Lender
or by such

	479	  	 Lender’s or the Issuing Bank’s holding company, if any) with any request, guideline or
directive (whether

	480	  	 or not having the force of law) of any Governmental Authority made or issued after the Restatement
Date;

	481	  	 provided that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall
Street Reform and

	482	  	 Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued
in

	483	  	 connection therewith and (ii) all requests, rules, guidelines or directives promulgated by
the Bank for

	484	  	 International Settlements, the Basel Committee on Banking Supervision (or any successor or
similar

	485	  	 authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel
III, shall in

	486	  	 each case be deemed to be a “Change in Law,” regardless of the date enacted,
adopted, promulgated or

	487	  	 issued.

		
	488	  	 “Class,” when used in reference to (a) any Loan or Borrowing, refers to whether
such

	489	  	 Loan, or the Loans comprising such Borrowing, are Tranche A Term Loans, Incremental Term
Loans of 

	490	  	 any Series, Revolving Loans or Swingline
Loansof a particular tranche of Revolving Commitments, (b)

	491	  	 any Commitment, refers to whether such Commitment is a Commitment in respect of a
particular tranche

	492	  	 A Term Commitment, an Incremental Commitment of any Series or aof
Revolving

	493	  	 CommitmentCommitments and (c) any Lender, refers to whether such Lender
has a Loan or Commitment

	494	  	 ofunder a particular tranche of Revolving Commitments. Each tranche of
Extended Revolving

	495	  	 Commitments shall constitute a separate Class.

		
	496	  	 “Closing Date” means the date on which the conditions specified in Section 4.01
were

	497	  	 satisfied, which date was October 16, 2013.

		
	498	  	 “Code” means the Internal Revenue Code of 1986, as amended from time to time.

		
	499	  	 “Collateral” means any and all “Collateral,” as defined in any applicable
Security

	500	  	 Document.

		
	501	  	 “Collateral Agent” means JPMCB, in its capacity as collateral agent for the Lenders

	502	  	 under the Security Documents.

		
	503	  	 “Collateral and Guarantee Requirement” means the requirement that:

		
	504	  	 (a) the Collateral Agent shall have received from each party thereto (other than the

	505	  	 Collateral Agent) either (i) a counterpart of (A) the Guarantee Agreement, (B) the
Indemnity,

	506	  	 Subrogation and Contribution Agreement, (C) the Pledge Agreement and (D) the Security

	507	  	 Agreement in each case duly executed and delivered on behalf of such Loan Party, or (ii) in the

	508	  	 case of any Person that becomes a Subsidiary Loan Party after the Closing Date, a supplement to

	509	  	 each of the Guarantee Agreement, the Indemnity, Subrogation and Contribution Agreement, the

	510	  	 Pledge Agreement and the Security Agreement, in each case in the form specified therein, duly

	511	  	 executed and delivered on behalf of such Subsidiary Loan Party;

		
	512	  	 (b) all outstanding Equity Interests of the Parent Borrower and each Subsidiary

	513	  	 (including the Receivables Subsidiary) owned by or on behalf of any Loan Party shall have been

	514	  	 pledged pursuant to the Pledge Agreement (except that the Loan Parties shall not be required to

	515	  	 pledge more than 65% of the outstanding voting Equity Interests of any Foreign Subsidiary, any

	516	  	 CFC or any CFC Holdco), it being understood that this exception shall not limit the application of

	517	  	 the Foreign Security Collateral and Guarantee Requirement) and the Collateral Agent shall have

	518	  	 received certificates or other instruments representing all such Equity Interests, together with

	519	  	 stock powers or other instruments of transfer with respect thereto endorsed in blank;

  
 -8- 

			
		
	 520
	  	 (c) all Indebtedness of Holdings, the Parent Borrower and each Subsidiary in an

	 521
	  	 aggregate principal amount that exceeds $500,000 that is owing to any Loan Party shall be

	 522
	  	 evidenced by a promissory note and shall have been pledged pursuant to the Pledge Agreement

	 523
	  	 and the Collateral Agent shall have received all such promissory notes, together with instruments

	 524
	  	 of transfer with respect thereto endorsed in blank;

		
	 525
	  	 (d) all documents and instruments, including Uniform Commercial Code financing

	 526
	  	 statements, required by law or reasonably requested by the Collateral Agent to be filed, registered

	 527
	  	 or recorded to create the Liens intended to be created by the Security Agreement and the Pledge

	 528
	  	 Agreement and perfect such Liens to the extent required by, and with the priority required by, the

	 529
	  	 Security Agreement and the Pledge Agreement, shall have been filed, registered or recorded or

	 530
	  	 delivered to the Collateral Agent for filing, registration or recording;

		
	 531
	  	 (e) the Collateral Agent shall have received (i) counterparts of a Mortgage with

	 532
	  	 respect to any Mortgaged Property duly executed and delivered by the record owner of such

	 533
	  	 Mortgaged Property, (ii) a policy or policies of title insurance issued by a nationally recognized

	 534
	  	 title insurance company in an amount and form reasonably acceptable to the Administrative

	 535
	  	 Agent insuring the Lien of each such Mortgage as a valid first Lien on the Mortgaged Property

	 536
	  	 described therein, free of any other Liens except as expressly permitted by Section 6.02, together

	 537
	  	 with such endorsements, coinsurance and reinsurance as the Administrative Agent or the

	 538
	  	 Required Lenders may reasonably request, but only to the extent such endorsements are (A)

	 539
	  	 available in the relevant jurisdiction (provided in no event shall the Collateral Agent request a

	 540
	  	 creditors’ rights endorsement) and (B) available at commercially reasonable rates, (iii) if
anya

	 541
	  	 completed Life of Loan flood hazard determination and, if any improved Mortgaged Property is

	 542
	  	 located in an area determined by the Federal Emergency Management Agency to have special

	 543
	  	 flood hazards, a notice about special flood hazard area status duly executed by the Parent Brower

	 544
	  	 and the applicable Loan Party and evidence of such flood insurance as may be required
under

	 545
	  	 applicable law, including Regulation H of the Boardthe Flood Laws, and (iv) such abstracts,
legal

	 546
	  	 opinions and other documents as the Administrative Agent or the Required Lenders may

	 547
	  	 reasonably request with respect to any such Mortgage or Mortgaged Property; provided,
however,

	 548
	  	 in no event shall surveys be required to be obtained with respect to any Mortgaged Property; and

		
	 549
	  	 (f) each Loan Party (other than the Foreign Subsidiary Borrowers) shall have

	 550
	  	 obtained all consents and approvals required to be obtained by it in connection with the execution

	 551
	  	 and delivery of all Security Documents to which it is a party, the performance of its obligations

	 552
	  	 thereunder and the granting by it of the Liens thereunder.

		
	 553
	  	 “Commission” means the Securities and Exchange Commission or any Governmental

	 554
	  	 Authority succeeding to any or all of the functions of said Commission.

		
	 555
	  	 “Commitment” means a Tranche A Term Commitment, an Incremental Term 

	 556
	  	 Commitment of any Series, a Revolving Commitment
or any combination thereof (as the context

	 557
	  	 requires).

		
	 558
	  	 “Commitment Fee” has the meaning assigned to such term in Section 2.12(a).

		
	 559
	  	 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.),

	 560
	  	 as amended from time to time, and any successor statute.

		
	 561
	  	 “Consolidated Cash Interest Expense” means, for any period, the excess of (a) the
sum,

	 562
	  	 without duplication, of (i) the interest expense (including imputed interest expense in
respect of

  
 -9- 

			
	 563
	  	CapitalFinancing Lease Obligations) of Holdings, the Parent Borrower and the Subsidiaries (including the
	 564
	  	 Receivables Subsidiary) for such period, determined on a consolidated basis in accordance with
GAAP,

	 565
	  	 plus (ii) any interest accrued during such period in respect of Indebtedness of Holdings, the
Parent

	 566
	  	 Borrower or any Subsidiary (including the Receivables Subsidiary) that is required to be
capitalized rather

	 567
	  	 than included in consolidated interest expense for such period in accordance with GAAP, plus
(iii) any

	 568
	  	 cash payments made during such period in respect of obligations referred to in clause (b)(iii)
below that

	 569
	  	 were amortized or accrued in a previous period, plus (iv) interest-equivalent costs
associated with any

	 570
	  	 Permitted Receivables Financing or Specified Vendor Receivables Financing, whether accounted for
as

	 571
	  	 interest expense or loss on the sale of receivables, minus (b) the sum of, without
duplication, (i) interest

	 572
	  	 income of Holdings, the Parent Borrower and the Subsidiaries (including the Receivables
Subsidiary) for

	 573
	  	 such period, determined on a consolidated basis in accordance with GAAP, plus (ii) to the
extent included

	 574
	  	 in such consolidated interest expense for such period, noncash amounts attributable to
amortization of

	 575
	  	 financing costs paid in a previous period, plus (iii) to the extent included in such
consolidated interest

	 576
	  	 expense for such period, noncash amounts attributable to amortization of debt discounts or
accrued

	 577
	  	 interest payable in kind for such period, plus (iv) to the extent included in such
consolidated interest

	 578
	  	 expense for such period, all financing fees incurred in connection with the
Transactions., plus (v) annual

	 579
	  	 agency fees paid to the administrative agents and collateral agents under any permitted credit
facility of

	 580
	  	 Holdings, the Parent Borrower or any Subsidiary, plus (vi) costs associated with obtaining
Hedging

	 581
	  	 Agreements, plus (vii) any expense resulting from the discounting of any Indebtedness in
connection with

	 582
	  	 the application of recapitalization accounting or, if applicable, purchase accounting in
connection with

	 583
	  	 any acquisition, plus (viii) penalties and interest relating to taxes, plus (ix) any
expensing of bridge,

	 584
	  	 commitment and other financing fees and any other fees related to any acquisitions after the
Restatement

	 585
	  	 Date, plus (x) interest expense resulting from push-down accounting, plus (xi) any
lease, rental or other

	 586
	  	 expense in connection with a Non-Financing Lease
Obligation.

		
	 587
	  	 “Consolidated EBITDA” means, for any period, Consolidated Net Income for such

	 588
	  	 period plus (a) without duplication and to the extent deducted in determining such
Consolidated Net

	 589
	  	 Income (other than with respect to clause (ix) below), the sum of
(i) consolidated interest expense for

	 590
	  	 such period, (ii) consolidated income tax expense for such period (including all single
business tax

	 591
	  	 expenses imposed by state law), (iii) all amounts attributable to depreciation and amortization
for such

	 592
	  	 period, (iv) any extraordinary noncash charges for such period,
(v) interest-equivalent costs associated

	 593
	  	 with any Permitted Receivables Financing or Specified Vendor Receivables Financing for such
period,

	 594
	  	 whether accounted for as interest expense or loss on the sale of receivables, and all Preferred
Dividends,

	 595
	  	 (vi) all extraordinary losses during such period that are either noncash or relate to the
retirement of 

	 596
	  	Indebtedness, (vii) noncash expenses during such period resulting from the grant of Equity Interests to
	 597
	  	management and employees of Holdings, the Parent Borrower or any of the Subsidiaries, (viiiv) the
	 598
	  	 aggregate amount of deferred financing expenses for such period, (ixvi) all other
noncash expenses or

	 599
	  	 losses of Holdings, the Parent Borrower or any of the Subsidiaries for such period (excluding any
such

	 600
	  	 charge that constitutes an accrual of or a reserve for cash charges for any future period),
(x) any 

	 601
	  	nonrecurring fees, expenses or charges realized by Holdings, the Parent Borrower or any of the
	 602
	  	Subsidiaries for such period related to any offering of Equity Interests or incurrence of Indebtedness,
	 603
	  	whether or not consummated, (xi) (A) fees, costs and expenses in connection with the Transactions and
	 604
	  	the Cequent Spin-off and (B) any Cequent Related Costs; provided that the amount added back pursuant
	 605
	  	to this clause (xi) cannot exceed $25,000,000 in the aggregate over the term of this Agreement; provided,
	 606
	  	further, that any such fees, costs, expenses or Cequent Related Costs that are actually paid for by the
	 607
	  	Cequent Group after giving effect to the Cequent Spin-off (and not by a Loan Party) shall not be
	 608
	  	permitted to be added back pursuant to this clause (xi), (xii) any nonrecurring costs and expenses arising
	 609
	  	from the integration of any business acquired pursuant to any Permitted Acquisition consummated after
	 610
	  	the Restatement Date not to exceed $15,000,000 in any fiscal year and $40,000,000 in the aggregate,
	 611
	  	(xiii) any nonrecurring expenses or similar costs relating to cost savings projects, including restructuring

  
 -10- 

			
	 612
	  	and severance expenses, not to exceed $40,000,000 in the aggregate from and after the Restatement Date;
	 613
	  	provided that no more than $15,000,000 may be counted in any fiscal year commencing on or after
	 614
	  	January 1, 2015, (xiv) net losses from discontinued operations, not to exceed in any fiscal year
	 615
	  	$10,000,000, (xvvii) losses associated with the prepayment of leases (whether operating leases or capital
	 616
	  	 leases) outstanding on January 1, 20152017 from discontinued
operations, and (xvi) losses or charges 

	 617
	  	associated with asset sales otherwise permitted hereunder not to exceed in the aggregate $10,000,000,
	 618
	  	 (viii) any costs or expense incurred pursuant to any management equity plan or stock option
plan or any

	 619
	  	 other management or employee benefit plan or agreement or any stock subscription or
shareholder

	 620
	  	 agreement, to the extent that such cost or expenses are funded with cash proceeds contributed
to the

	 621
	  	 common capital of Holdings or any Loan Party (other than from Holdings or a Subsidiary) or
Net

	 622
	  	 Proceeds of an issuance of Equity Interests of Holdings (other than Disqualified Equity
Interests and other

	 623
	  	 than any issuance to the Parent Borrower or a Subsidiary), in each case, Not Otherwise Applied
and (ix)

	 624
	  	 the amount of “run rate” cost savings, operating expense reductions and cost
synergies related to mergers

	 625
	  	 and other business combinations, acquisitions, divestitures, restructurings, cost savings
initiatives and

	 626
	  	 other similar transactions or initiatives consummated after the Restatement Date that are
reasonably

	 627
	  	 identifiable and factually supportable and projected by the Parent Borrower to result within 12
months

	 628
	  	 after such merger or other business combination, acquisition, divestiture, restructuring, cost
savings

	 629
	  	 initiative or other transaction or initiative is consummated, net of the amount of actual
benefits realized

	 630
	  	 during such period from such actions, provided that the aggregate amount of any such cost
savings,

	 631
	  	 operating expense reductions and cost synergies added pursuant to this clause (ix) for any
period of four

	 632
	  	 consecutive fiscal quarters of Holdings shall not exceed 20% of Consolidated EBITDA for such
period

	 633
	  	 (calculated prior to giving effect to any add-backs
pursuant to this clause (ix)) minus (b) without

	 634
	  	 duplication and to the extent included in determining such Consolidated Net Income, (i) any
extraordinary 

	 635
	  	gains for such period and (ii) any gains realized from the retirement of Indebtedness after the Restatement
	 636
	  	 Date, all determined on a consolidated basis in accordance with GAAP and (ii) consolidated
income tax

	 637
	  	 benefits for such period (excluding, for purposes of this clause (ii), any such benefits
received in a fiscal

	 638
	  	 quarter ended prior to the Restatement Date). If the Parent Borrower or any Subsidiary has
made any

	 639
	  	 Permitted Acquisition or Significant Investment or any sale, transfer, lease or other disposition
of assets

	 640
	  	 outside of the ordinary course of business permitted by Section 6.05 during the relevant
period for

	 641
	  	 determining the Leverage Ratio, the Total Net Leverage Ratio or the Senior Secured
Net Leverage Ratio

	 642
	  	 and the Interest Expense Coverage Ratio, Consolidated EBITDA for the relevant period shall
be

	 643
	  	 calculated only for purposes of determining the Leverage Ratio, the Total Net Leverage
Ratio, the Senior

	 644
	  	 Secured Net Leverage Ratio and the Interest Expense Coverage Ratio after giving pro forma
effect

	 645
	  	 thereto, as if such Permitted Acquisition or Significant Investment or sale, transfer, lease or
other

	 646
	  	 disposition of assets (and, in each case, any related incurrence, repayment or assumption of
Indebtedness,

	 647
	  	 with any new Indebtedness being deemed to be amortized over the relevant period in accordance with
its

	 648
	  	 terms, and assuming that any Revolving Loans borrowed in connection with such acquisition are
repaid

	 649
	  	 with excess cash balances when available) had occurred on the first day of the relevant period
for

	 650
	  	 determining Consolidated EBITDA; provided that with respect to any Significant Investment,
(x) any pro

	 651
	  	 forma adjustment made to Consolidated EBITDA shall be in proportion to the percentage ownership
of

	 652
	  	 the Parent Borrower or such Subsidiary, as applicable, in the Subject Person (e.g. if the Parent
Borrower

	 653
	  	 acquires 70% of the Equity Interests of the Subject Person, a pro forma adjustment to
Consolidated

	 654
	  	 EBITDA shall be made with respect to no more than 70% of the EBITDA of the Subject Person) and
(y)

	 655
	  	 pro forma effect shall only be given to such Significant Investment if the Indebtedness of the
Subject

	 656
	  	 Person is included in Total Indebtedness for purposes of calculating the Leverage Ratio, the
Total Net

	 657
	  	 Leverage Ratio and the Senior Secured Net Leverage Ratio and the Subject Person is included
as a

	 658
	  	 Subsidiary in the calculation of Consolidated Cash Interest Expense for purposes of calculating
the

	 659
	  	 Interest Expense Coverage Ratio, in each case in proportion to the percentage ownership of the
Parent

	 660
	  	 Borrower or such Subsidiary, as applicable, in such Subject Person. Any such pro forma
calculations

	 661
	  	 may include operating and other expense reductions and other adjustments for such period resulting
from

  
 -11- 

			
	 662
	  	 any Permitted Acquisition, or sale, transfer, lease or other disposition of assets that is being
given pro

	 663
	  	 forma effect to the extent that such operating and other expense reductions and other adjustments
(a)

	 664
	  	 would be permitted pursuant to Article XI of Regulation
S-X under the Securities Act of 1933

	 665
	  	 (“Regulation S-X”)
or, (b) are reasonably consistent with the purpose of Regulation S-X as determined in

	 666
	  	 good faith by the Parent Borrower in consultation with the Administrative Agent.
or (c) are otherwise

	 667
	  	 appropriate, in the reasonable good faith determination of the Parent Borrower as set forth in
an officer’s

	 668
	  	 certificate, to reflect operating and other expense reductions reasonably expected to result
from the

	 669
	  	 applicable event within 12 months of the date the applicable event is consummated and, in each
case,

	 670
	  	 calculated in accordance with and subject to the provisions of clause (a)(ix) of this
definition.

		
	 671
	  	 “Consolidated Net Income” means, for any period, the net income or loss of Holdings,

	 672
	  	 the Parent Borrower and the Subsidiaries (including the Receivables Subsidiary) for such
period,

	 673
	  	 determined on a consolidated basis in accordance with GAAP; provided that there shall be
excluded:

		
	 674
	  	 (a) the income of any Person (other than the Parent Borrower or a Significant

	 675
	  	 Investment) in which any other Person (other than the Parent Borrower or any Subsidiary or any
director

	 676
	  	 holding qualifying shares in compliance with applicable law) owns an Equity Interest, except to
the extent

	 677
	  	 of the amount of dividends or other distributions actually paid to the Parent Borrower or any of
the

	 678
	  	 Subsidiaries during such period,;

		
	 679
	  	 (b) the income or loss of any Person accrued prior to the date it becomes a

	 680
	  	 Subsidiary or is merged into or consolidated with the Parent Borrower or any Subsidiary or the
date that

	 681
	  	 such Person’s assets are acquired by the Parent Borrower or any Subsidiary
and;

		
	 682
	  	 (c) the cumulative effect of a change in accounting principles during such period to

	 683
	  	 the extent included in Consolidated Net Income.;

		
	 684
	  	 (d) any net after-tax extraordinary, nonrecurring or unusual gains or
losses (less all

	 685
	  	 fees and expenses relating thereto);

		
	 686
	  	 (e) (i) any severance expenses, relocation expenses, restructuring expenses,

	 687
	  	 curtailments or modifications to pension and post-retirement employee benefit plans, excess
pension

	 688
	  	 charges, any expenses related to any reconstruction, decommissioning, recommissioning
or

	 689
	  	 reconfiguration of fixed assets for alternate uses and fees, expenses or charges relating to
facilities closing

	 690
	  	 costs, acquisition integration costs, facilities opening costs, project start-up costs, business optimization

	 691
	  	 costs, signing, retention or completion bonuses, expenses or charges related to any issuance of
Equity

	 692
	  	 Interests, investment, acquisition, disposition, recapitalization or issuance, repayment,
refinancing,

	 693
	  	 amendment or modification of Indebtedness (in each case, whether or not successful), (ii) any
net after-

	 694
	  	 tax income or loss from disposed, abandoned, transferred, closed or discontinued operations or
fixed

	 695
	  	 assets and any net after-tax gains or losses on
disposal of disposed, abandoned, transferred, closed or

	 696
	  	 discontinued operations or fixed assets, (iii) any net
after-tax gains or losses (less all fees and expenses or

	 697
	  	 charges relating thereto) attributable to business dispositions or asset dispositions other
than in the

	 698
	  	 ordinary course of business (as determined in good faith by the Parent Borrower) and
(iv) costs or

	 699
	  	 expenses realized in connection with or resulting from stock appreciation or similar rights,
stock options

	 700
	  	 or other rights existing on the Restatement Date of officers, directors and employees, in each
case of such

	 701
	  	 Person or any Subsidiary; provided that the aggregate amount of any charges, expenses, losses
or costs

	 702
	  	 excluded pursuant to this clause (e) for any period of four consecutive fiscal quarters of
Holdings (or,

	 703
	  	 with respect to any calculation of clause (a)(i) of the Available Amount, (w) for the
first fiscal quarter

	 704
	  	 ended after the Closing Date, for such fiscal quarter, (x) for the second fiscal quarter
ended after the

	 705
	  	 Closing Date, for the period of two fiscal quarters then ended, (y) for the third fiscal
quarter ended after

  
 -12- 

			
	 706
	  	 the Closing Date, for the period of three fiscal quarters then ended and (z) for the
fourth fiscal quarter

	 707
	  	 ended after the Closing Date and thereafter, for the period of four consecutive fiscal quarters
of Holdings

	 708
	  	 most recently ended) shall not exceed 20% of Consolidated EBITDA for such period (calculated
prior to

	 709
	  	 giving effect to exclusions pursuant to this clause (e));

		
	 710
	  	 (f) any fees, expenses, or charges related to the Transactions (including any

	 711
	  	 transaction expenses incurred before, on or after the Restatement Date);

		
	 712
	  	 (g) effects of purchase accounting adjustments (including the effects of such

	 713
	  	 adjustments pushed down to such Person and such Subsidiaries and including, without limitation,
the

	 714
	  	 effects of adjustments to (A) Financing Lease Obligations or (B) any other deferrals
of income) in

	 715
	  	 amounts required or permitted by GAAP, resulting from the application of purchase accounting or
the

	 716
	  	 amortization or write-off of any amounts thereof, net
of taxes;

		
	 717
	  	 (h) any net after-tax gains or losses (less all fees and expenses or
charges relating

	 718
	  	 thereto) attributable to the early extinguishment of Indebtedness, Hedging Agreements or other
derivative

	 719
	  	 instruments;

		
	 720
	  	 (i) any impairment charges or asset write-offs, in each case pursuant to GAAP, and

	 721
	  	 the amortization of intangibles and other fair value adjustments arising pursuant to
GAAP;

		
	 722
	  	 (j) any non-cash expense realized or resulting from stock option
plans, employee

	 723
	  	 benefit plans or post-employment benefit plans, or grants or sales of stock, stock appreciation
or similar

	 724
	  	 rights, stock options, restricted stock, preferred stock or other rights;

		
	 725
	  	 (k) any non-cash compensation charges;

		
	 726
	  	 (l) accruals and reserves that are established or adjusted within 12 months after the

	 727
	  	 Restatement Date and that are so required to be established or adjusted in accordance with GAAP
or as a

	 728
	  	 result of adoption or modification of accounting policies;

		
	 729
	  	 (m) non-cash gains, losses, income and expenses resulting from fair
value accounting

	 730
	  	 required by the applicable standard under GAAP and related interpretations;

		
	 731
	  	 (n) any currency translation gains and losses related to currency remeasurements of

	 732
	  	 Indebtedness, and any net loss or gain resulting from hedging transactions for currency
exchange risk;

		
	 733
	  	 (o) to the extent covered by insurance and actually reimbursed, or, so long as such

	 734
	  	 Person has made a determination that there exists reasonable evidence that such amount will in
fact be

	 735
	  	 reimbursed by the insurer and only to the extent that such amount is (i) not denied by the
applicable

	 736
	  	 carrier in writing within 180 days and (ii) in fact reimbursed within 365 days of the date
of such evidence

	 737
	  	 (with a deduction for any amount so added back to the extent not so reimbursed within 365
days),

	 738
	  	 expenses with respect to liability or casualty events or business interruption;
and

		
	 739
	  	 (p) non-cash charges for deferred tax asset valuation
allowances;

		
	 740
	  	 provided further that there shall be included amounts actually received from insurance in
respect of lost

	 741
	  	 revenues or earnings in respect of liability or casualty events or business interruption, and
reimbursements

	 742
	  	 of any expenses and charges pursuant to indemnification or other reimbursement provisions in
connection

	 743
	  	 with any investment permitted under this Agreement or any sale, conveyance, transfer or other
disposition

	 744
	  	 of assets permitted under this Agreement.

  
 -13- 

			
		
	 745
	  	 “Consolidated Total Assets” means, at any date of determination with respect to any

	 746
	  	 Person, the total assets of such Person, determined on a consolidated basis in accordance with
GAAP, as

	 747
	  	 shown on the most recent balance sheet of such Person.

		
	 748
	  	 “Continuing Directors” means the directors of Holdings on the Restatement Date, and

	 749
	  	 each other director, if, in each case, such other director’s nomination for election to the
board of directors

	 750
	  	 of Holdings is recommendedapproved by at least 66-2/3%a majority of the then Continuing Directors.

		
	 751
	  	 “Control” means the possession, directly or indirectly, of the power to direct or cause
the

	 752
	  	 direction of the management or policies of a Person, whether through the ability to exercise
voting power,

	 753
	  	 by contract or otherwise. “Controlling” and “Controlled” have
meanings correlative thereto.

		
	 754
	  	 “Covenant Holiday Acquisition” means a Permitted Acquisition for which (i) the cash

	 755
	  	 consideration in respect of such acquisition is $50,000,000 or more and (ii) the Parent
Borrower delivers

	 756
	  	 to the Administrative Agent an officers’ certificate designating such Permitted Acquisition
as a

	 757
	  	 “Covenant Holiday Acquisition”; provided that in no event shall there be more
than two Covenant

	 758
	  	 Holiday Acquisitions.

		
	 759
	  	 “Covenant Holiday Period” means the period of four consecutive fiscal quarters

	 760
	  	 commencing on the first day of the fiscal quarter in which the consummation of a Covenant
Holiday

	 761
	  	 Acquisition occurs; provided that, if applicable, the two Covenant Holiday Periods shall be
separated by a

	 762
	  	 period of at least two full fiscal quarters during which no Covenant Holiday Period is in
effect.

		
	 763
	  	 “Credit Facility” means a category of Commitments and
extensions of credit thereunder.

		
	 764
	  	 “CTA” means the UK Corporation Tax Act 2009.

		
	 765
	  	 “Cumulative Retained Excess Cash Flow Amount” means, at any date of
determination,

	 766
	  	 an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash
Flow for the 

	 767
	  	Excess Cash Flow Periods ended on or prior to such date.
		
	 768
	  	 “Debt Repayment Period” has the meaning assigned to such term in
Section 6.08(b)(viii).

		
	 769
	  	 “Default” means any event or condition which constitutes an Event of Default or which

	 770
	  	 upon notice, lapse of time or both would, unless cured or waived, become an Event of
Default.

		
	 771
	  	 “Defaulting Lender” means any Revolving Lender that (a) has failed, within two

	 772
	  	 Business Days of the date required to be funded or paid, (i) to fund any portion of its
Loans, (ii) to fund

	 773
	  	 any portion of its participations in Letters of Credit, Swingline Loans or Fronted Foreign
Currency Loans

	 774
	  	 or (iii) to pay to the Administrative Agent, Foreign Currency Agent, the Issuing Bank, the
Swingline

	 775
	  	 Lenders, the Fronting Lender any other Lender or any Loan Party any other amount required to be
paid by

	 776
	  	 it hereunder, unless, in the case of clause (i) above, such Lender notifies the
Administrative Agent in

	 777
	  	 writing that such failure is the result of such Lender’s good faith determination that a
condition precedent

	 778
	  	 to funding (specifically identified in such writing, including, if applicable, by reference to a
specific

	 779
	  	 Default) has not been satisfied, (b) has notified the Administrative Agent, the Foreign
Currency Agent,

	 780
	  	 the Issuing Bank, the Swingline Lenders, the Fronting Lender, any other Lender, Holdings, the
Parent

	 781
	  	 Borrower or any Loan Party in writing, or has made a public statement, to the effect that it does
not intend

	 782
	  	 or expect to comply with any of its funding obligations under this Agreement (unless such writing
or

	 783
	  	 public statement indicates that such position is based on such Lender’s good-faith
determination that a

	 784
	  	 condition precedent (specifically identified in such writing, including, if applicable, by
reference to a

	 785
	  	 specific Default) to funding a Loan cannot be satisfied) or generally under other agreements in
which it

  
 -14- 

			
	 786
	  	 commits to extend credit, (c) has failed, within three Business Days after request by the
Administrative

	 787
	  	 Agent, the Foreign Currency Agent or any Loan Party made in good faith to provide a certification
in

	 788
	  	 writing from an authorized officer of such Lender that it will comply with its obligations (and
is

	 789
	  	 financially able to meet such obligations) to fund prospective Loans and participations in then
outstanding

	 790
	  	 Letters of Credit, Swingline Loans and Fronted Foreign Currency Loans; provided that such
Lender shall

	 791
	  	 cease to be a Defaulting Lender pursuant to this clause (c) upon such Person’s receipt
of such certification

	 792
	  	 in form and substance satisfactory to it and the Administrative Agent, or (d) has become the
subject of a

	 793
	  	 Bankruptcy Event or a Bail-In Action.

		
	 794
	  	 “Designated Asset Sale” means a sale, transfer or other
disposition (including pursuant to

	 795
	  	a sale and leaseback transaction) of any property or asset of Holdings, the Parent Borrower or any
	 796
	  	Subsidiary that is designated (within three Business Days of consummation of such sale, transfer or other
	 797
	  	disposition) by the Parent Borrower, by written notice to the Administrative Agent, as the “Designated
	 798
	  	Asset Sale”; provided that (a) at the time of designation of the Designated Asset Sale and after giving pro
	 799
	  	forma effect to such asset sale, transfer or other disposition, (i) no Default or Event of Default shall have
	 800
	  	 occurred and be continuing and
(ii) the Borrower shall be in compliance with the Leverage Ratio set forth 

	 801
	  	in Section 6.13, and (b) there shall not be more than one Designated Asset Sale.
		
	 802
	  	 “Designated Non-Cash Consideration” means the fair market value
(as determined in

	 803
	  	 good faith by the Parent Borrower) of non-cash
consideration received by the Parent Borrower or a

	 804
	  	 Subsidiary in connection with any sale, transfer, lease or other disposition of assets
permitted by this

	 805
	  	 Agreement that is so designated as Designated Non-Cash
Consideration pursuant to an officer’s

	 806
	  	 certificate of the Parent Borrower, setting forth such valuation, less the amount of cash or
Permitted

	 807
	  	 Investments received in connection with a subsequent sale of such Designated Non-cash Consideration

	 808
	  	 within 180 days of receipt thereof.

		
	 809
	  	 “Direction” has the meaning assigned to such term in Section 2.17(k)(ii)(A).

		
	 810
	  	 “Disclosed Matters” means the actions, suits and proceedings and the environmental

	 811
	  	 matters disclosed in Schedule 3.06.

		
	 812
	  	 “Dollar Equivalent” means, with respect to an amount
denominated in any currency other

	 813
	  	than dollars, the equivalent in dollars of such amount determined at the Exchange Rate on the most recent
	 814
	  	Calculation Date and, with respect to any amount denominated in dollars, such amount.
		
	 815
	  	 “Disqualified Equity Interest”: with respect to any Person, any Equity Interest of such

	 816
	  	 Person that by its terms (or by the terms of any security into which it is convertible or for
which it is

	 817
	  	 exchangeable, either mandatorily or at the option of the holder thereof), or upon the happening
of any

	 818
	  	 event or condition:

		
	 819
	  	 (a) matures or is mandatorily redeemable (other than solely for Equity Interests of such

	 820
	  	 Person that do not constitute Disqualified Equity Interests and cash in lieu of fractional
shares of such

	 821
	  	 Equity Interest) whether pursuant to a sinking fund obligation or otherwise;

		
	 822
	  	 (b) is convertible or exchangeable, either mandatorily or at the option of the holder

	 823
	  	 thereof, for Indebtedness or Equity Interests (other than solely for Equity Interests of such
Person that do

	 824
	  	 not constitute Disqualified Equity Interests and cash in lieu of fractional shares of such
Equity Interest);

	 825
	  	 or

		
	 826
	  	 (c) is redeemable (other than solely for Equity Interests of such Person that do not

	 827
	  	 constitute Disqualified Equity Interests and cash in lieu of fractional shares of such Equity
Interest) or is

  
 -15- 

			
	 828
	  	 required to be repurchased by Holdings, the Parent Borrower or any Subsidiary, in whole or in
part, at the

	 829
	  	option of the holder thereof;
		
	 830
	  	 in each case, on or prior to the date that is 91 days after the latest Maturity Date in effect

	 831
	  	at the time of issuance of such Equity Interest; provided, however, that (i) Equity Interests of any Person
	 832
	  	that would not constitute Disqualified Equity Interests but for terms thereof giving holders thereof the
	 833
	  	right to require such Person to redeem or purchase such Equity Interests upon the occurrence of an “asset
	 834
	  	 sale” or a “change of control” (or similar event, however denominated) shall not
constitute Disqualified

	 835
	  	 Equity Interests if any such requirement becomes operative only after repayment in full of all
the Loans

	 836
	  	 and all other Obligations that are accrued and payable and (ii) Equity Interests of any
Person that are

	 837
	  	 issued to any employee or to any plan for the benefit of employees or by any such plan to such
employees

	 838
	  	 shall not constitute Disqualified Equity Interests solely because they may be required to be
repurchased

	 839
	  	 by such Person or any of its subsidiaries in order to satisfy applicable statutory or
regulatory obligations

	 840
	  	or as a result of such employee’s termination, death or disability.
		
	 841
	  	 “Documentation Agents” means the Co-Documentation Agents
identified on the cover

	 842
	  	 page of this Agreement.

		
	 843
	  	 “Dollar Equivalent” of any amount means, at the time of determination thereof,
(a) if

	 844
	  	such amount is expressed in a Foreign Currency, the equivalent of such amount in dollars determined by
	 845
	  	using the rate of exchange for the purchase of the dollars with the Foreign Currency in the London foreign
	 846
	  	exchange market at or about 11:00 a.m. London time (or New York time, as applicable) on a particular
	 847
	  	day as displayed by ICE Data Services as the “ask price”, or as displayed on such other information
	 848
	  	service which publishes that rate of exchange from time to time in place of ICE Data Services (or if such
	 849
	  	service ceases to be available, the equivalent of such amount in dollars as determined by the
	 850
	  	Administrative Agent using any method of determination it deems appropriate in its sole discretion) and
	 851
	  	(b) if such amount is denominated in any other currency (other than dollars or a Foreign Currency), the
	 852
	  	equivalent of such amount in dollars as determined by the Administrative Agent using any method of
	 853
	  	determination it deems appropriate in its sole discretion.
		
	 854
	  	 “dollars” or “$” refers to lawful money of the United States of
America.

		
	 855
	  	 “Domestic Loan Party” means any Loan Party, other than a Loan Party that is a Foreign

	 856
	  	 Subsidiary.

		
	 857
	  	 “Domestic Subsidiary” means any Subsidiary, other than the Foreign Subsidiaries.

		
	 858
	  	 “ECF Percentage” means 50%;
provided, that, with respect to any fiscal year of the

	 859
	  	Parent Borrower commencing with the fiscal year ending December 31, 2016, the ECF Percentage shall
	 860
	  	be reduced to 0% if the Leverage Ratio as of the last day of such fiscal year is no greater than 3.00 to
	 861
	  	1.00.
		
	 862
	  	 “EEA Financial Institution” means (a) any institution established in any EEA Member

	 863
	  	Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in
	 864
	  	an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or
	 865
	  	(c) any institution established in an EEA Member Country which is a subsidiary of an institution
	 866
	  	described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.
		
	 867
	  	 “EEA Member Country” means any of the member states of the European Union,

	 868
	  	Iceland, Liechtenstein, and Norway.

  
 -16- 

			
	 869
	  	 “EEA Resolution Authority” means any public administrative authority or any Person

	 870
	  	entrusted with public administrative authority of any EEA Member Country (including any delegee)
	 871
	  	having responsibility for the resolution of any EEA Financial Institution.
		
	 872
	  	 “Environmental Laws” means all laws, rules, regulations, codes, ordinances, orders,

	 873
	  	 decrees, judgments, injunctions, notices or binding agreements issued, promulgated or entered into
by any

	 874
	  	 Governmental Authority, relating in any way to the environment, preservation or reclamation of
natural

	 875
	  	 resources, the management, Release or threatened Release of any Hazardous Material or to health
and

	 876
	  	 safety matters.

		
	 877
	  	 “Environmental Liability” means any liabilities, obligations, damages, losses, claims,

	 878
	  	 actions, suits, judgments, or orders, contingent or otherwise (including any liability for
damages, costs of

	 879
	  	 environmental remediation, costs of administrative oversight, fines, natural resource damages,
penalties

	 880
	  	 or indemnities), directly or indirectly resulting from or relating to (a) compliance or non-compliance with

	 881
	  	 any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment
or disposal of

	 882
	  	 any Hazardous Materials, (c) any actual or alleged exposure to any Hazardous Materials,
(d) the Release

	 883
	  	 or threatened Release of any Hazardous Materials or (e) any contract, agreement or other
consensual

	 884
	  	 arrangement pursuant to which liability is assumed or imposed with respect to any of the
foregoing.

		
	 885
	  	 “Equity Interests” means shares of capital stock, partnership interests, membership

	 886
	  	 interests in a limited liability company, beneficial interests in a trust or other equity
ownership interests in

	 887
	  	 a Person or any warrants, options or other rights to acquire such interests.

		
	 888
	  	 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended

	 889
	  	 from time to time.

		
	 890
	  	 “ERISA Affiliate” means any trade or business (whether or not incorporated) that,

	 891
	  	 together with the Parent Borrower, is treated as a single employer under Section 414(b) or
(c) of the Code

	 892
	  	 or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated
as a single

	 893
	  	 employer under Section 414(b), (c), (m) or (o) of the Code.

		
	 894
	  	 “ERISA Event” means (a) any “reportable event,” as defined in Section 4043
of ERISA

	 895
	  	 or the regulations issued thereunder with respect to a Plan (other than an event for which the 30
day

	 896
	  	 notice period is waived); (b) a failure by any Plan to satisfy the minimum funding standards (as
defined

	 897
	  	 in Section 412 of the Code or Section 302 of ERISA) applicable to such Plan in each
instance, whether or

	 898
	  	 not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c)
of ERISA of an

	 899
	  	 application for a waiver of the minimum funding standard with respect to any Plan; (d) a
determination

	 900
	  	 that any Plan is, or is expected to be, in “at risk” status (as defined in
Section 430(i)(4) of the Code or

	 901
	  	 Section 303(i)(4) of ERISA; (e) the incurrence by the Parent Borrower or any of its
ERISA Affiliates of

	 902
	  	 any liability under Title IV of ERISA with respect to the termination of any Plan; (f) the
receipt by the

	 903
	  	 Parent Borrower or any ERISA Affiliate from the PBGC or a plan administrator of any notice
relating to

	 904
	  	 an intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan;
(g) the

	 905
	  	 incurrence by the Parent Borrower or any of its ERISA Affiliates of any liability with respect to
the

	 906
	  	 withdrawal or partial withdrawal from any Plan or Multiemployer Plan; or (h) the receipt by
the Parent

	 907
	  	 Borrower or any ERISA Affiliate of any notice, or the receipt by any Multiemployer Plan from the
Parent

	 908
	  	 Borrower or any ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability
or a

	 909
	  	 determination that a Multiemployer Plan is, or is expected to be, insolvent, within the meaning of
Title IV

	 910
	  	 of ERISA or in “endangered” or “critical” status (within the
meaning of Section 432 of the Code or

	 911
	  	 Section 305 of ERISA).

  
 -17- 

			
	 912
	  	 “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published

	 913
	  	 by the Loan Market Association (or any successor Person), as in effect from time to
time.

		
	 914
	  	 “EURIBOR Screen Rate” has the meaning assigned to such term in the definition of

	 915
	  	 “LIBO Rate”.

		
	 916
	  	 “Euro” means the single currency of participating member states of the European Union.

		
	 917
	  	 “Eurocurrency,” when used in reference to any Loan or Borrowing, refers to whether

	 918
	  	 such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined
by

	 919
	  	 reference to the Adjusted LIBO Rate.

		
	 920
	  	 “Event of Default” has the meaning assigned to such term in Article VII.

		
	 921
	  	 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules

	 922
	  	 and regulations of the Commission promulgated thereunder.

		
	 923
	  	 “Excess Cash Flow” means, for any fiscal year, the sum
(without duplication) of:

		
	 924
	  	 (a) Consolidated Net Income for such fiscal year, adjusted to exclude any gains or

	 925
	  	 losses attributable to Prepayment Events;
plus

		
	 926
	  	 (b) the excess, if any, of the Net Proceeds received during such fiscal year by

	 927
	  	 Holdings, the Parent Borrower and its consolidated Subsidiaries (including the
Receivables

	 928
	  	 Subsidiary) in respect of any Prepayment Events over (x) amounts permitted to be
reinvested

	 929
	  	 pursuant to Section 2.11(c) and (y) the aggregate principal amount of Term Loans
prepaid

	 930
	  	 pursuant to Section 2.11(c) in respect of such Net Proceeds;
plus

		
	 931
	  	 (c) depreciation, amortization and other noncash charges or losses deducted in

	 932
	  	 determining such consolidated net income (or loss) for such fiscal year;
plus 

		
	 933
	  	 (d) the sum of (i) the amount, if any, by which Net Working Capital (adjusted to

	 934
	  	 exclude changes arising from Permitted Acquisitions and Significant Investments)
decreased

	 935
	  	 during such fiscal year plus (ii) the net amount, if any, by which the consolidated
deferred

	 936
	  	 revenues and other consolidated accrued long-term liability accounts of Holdings, the
Parent

	 937
	  	 Borrower and its consolidated Subsidiaries (including the Receivables Subsidiary) (adjusted
to

	 938
	  	 exclude changes arising from Permitted Acquisitions) increased during such fiscal year plus
(iii)

	 939
	  	 the net amount, if any, by which the consolidated accrued long-term asset accounts of
Holdings,

	 940
	  	 the Parent Borrower and its consolidated Subsidiaries (including the Receivables
Subsidiary)

	 941
	  	 (adjusted to exclude changes arising from Permitted Acquisitions) decreased during such
fiscal

	 942
	  	 year; minus

		
	 943
	  	 (e) the sum of (i) any noncash gains included in determining such consolidated net

	 944
	  	 income (or loss) for such fiscal year plus (ii) the amount, if any, by which Net Working
Capital

	 945
	  	 (adjusted to exclude changes arising from Permitted Acquisitions) increased during such
fiscal

	 946
	  	 year plus (iii) the net amount, if any, by which the consolidated deferred revenues and
other

	 947
	  	 consolidated accrued long-term liability accounts of Holdings, the Parent Borrower and
its

	 948
	  	 consolidated Subsidiaries (including the Receivables Subsidiary) (adjusted to exclude
changes

	 949
	  	 arising from Permitted Acquisitions) decreased during such fiscal year plus (iv) the net
amount, if

	 950
	  	 any, by which the consolidated accrued long-term asset accounts of Holdings, the
Parent

	 951
	  	 Borrower and its consolidated Subsidiaries (including the Receivables Subsidiary) (adjusted
to

  
 -18- 

			
	 952
	  	 exclude changes arising from Permitted Acquisitions) increased during such fiscal year;
minus

		
	 953
	  	 (f) the sum of (i) Capital Expenditures for such fiscal year and Capital Expenditures

	 954
	  	 to be made within 90 days following the end of such fiscal year pursuant to binding
agreements

	 955
	  	 entered into by Holdings, the Parent Borrower or any of its consolidated Subsidiaries
(including 

	 956
	  	 the Receivables Subsidiary) prior to the end of such fiscal year;
provided that to the extent any

	 957
	  	 such Capital Expenditure is not made (or if the amount of any such Capital Expenditures
less than

	 958
	  	 the amount deducted with respect hereto) within 90 days after such fiscal year, the amount
(or

	 959
	  	 such portion of the amount) thereof shall be added back to Excess Cash Flow for the
subsequent

	 960
	  	 period (except to the extent attributable to the incurrence of Capital Lease Obligations
or

	 961
	  	 otherwise financed by incurring Long-Term Indebtedness) plus (ii) cash consideration
paid

	 962
	  	 during such fiscal year to make acquisitions or other capital investments (except to the
extent

	 963
	  	 financed by incurring Long-Term Indebtedness or through the use of the Available
Amount);

	 964
	  	 minus 

		
	 965
	  	 (g) the aggregate principal amount of Long-Term Indebtedness repaid or prepaid by

	 966
	  	 Holdings, the Parent Borrower and its consolidated Subsidiaries (including the
Receivables

	 967
	  	 Subsidiary) during such fiscal year, excluding (i) Indebtedness in respect of Revolving
Loans

	 968
	  	 (except to the extent the Revolving Commitments are permanently reduced in the amount of
and

	 969
	  	 at the time of any such payment) and Letters of Credit, (ii) Term Loans prepaid pursuant
to

	 970
	  	 Section 2.11(c) or (d) and (iii) repayments or prepayments of Long-Term Indebtedness
financed

	 971
	  	 by incurring other Long-Term Indebtedness or through the use of the Available Amount;
minus 

		
	 972
	  	 (h) the noncash impact of currency translations and other adjustments to the equity

	 973
	  	 account, including adjustments to the carrying value of marketable securities and to
pension

	 974
	  	 liabilities, in each case to the extent such items would otherwise constitute Excess Cash
Flow.

		
	 975
	  	 “Excess Cash Flow Period” means each fiscal year of the
Parent Borrower, commencing

	 976
	  	with the fiscal year ending December 31, 2016.
		
	 977
	  	 “Exchange Rate” means, with respect to any currency (other than dollars) on any date,

	 978
	  	 the rate at which such currency may be exchanged into dollars, as set forth on such date on the
relevant

	 979
	  	 Reuters currency page at or about 11:00 A.M., London time, on such date. In the event that such
rate

	 980
	  	 does not appear on any Reuters currency page, the “Exchange Rate” with respect to such
currency shall

	 981
	  	 be determined by reference to such other publicly available service for displaying exchange rates
as may

	 982
	  	 be agreed upon by the Administrative Agent and the Applicable Borrower or, in the absence of
such

	 983
	  	 agreement, such “Exchange Rate” shall instead be the Administrative Agent’s spot
rate of exchange in the

	 984
	  	 interbank market where its foreign currency exchange operations in respect of such currency are
then

	 985
	  	 being conducted, at or about 10:00 A.M., Local Time, on such date for the purchase of dollars with
such

	 986
	  	 currency, for delivery two Business Days later (or such other Business Day as the Administrative
Agent

	 987
	  	 shall deem applicable with respect to any currency); provided, that if at the time of any
such

	 988
	  	 determination, no such spot rate can reasonably be quoted, the Administrative Agent may use
any

	 989
	  	 reasonable method as it deems applicable to determine such rate, and such determination shall
be

	 990
	  	 conclusive absent manifest error.

		
	 991
	  	 “Excluded Swap Obligation” means with respect to any Loan Party, any Swap Obligation

	 992
	  	 if, and to the extent that, and only for so long as, all or a portion of the guarantee of such
Loan Party of, or

	 993
	  	 the grant by such Loan Party of a security interest to secure, as applicable, such Swap Obligation
(or any

	 994
	  	 guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation
or

	 995
	  	 order of the Commodity Futures Trading Commission (or the application or official interpretation
of any

  
 -19- 

			
	 996
	  	 thereof) by virtue of such Loan Party’s failure to constitute an “eligible contract
participant,” as defined in

	 997
	  	 the Commodity Exchange Act and the regulations thereunder, at the time the guarantee of (or grant
of

	 998
	  	 such security interest by, as applicable) such Loan Party becomes or would become effective with
respect

	 999
	  	 to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than
one

	 1000
	  	 Swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable
to Swaps

	 1001
	  	 for which such guarantee or security interest is or becomes illegal.

		
	 1002
	  	 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, the

	 1003
	  	 Issuing Bank or any other recipient of any payment to be made by or on account of any obligation
of any

	 1004
	  	 Applicable Borrower hereunder or under any other Loan Document, (a) income or franchise
taxes

	 1005
	  	 imposed on (or measured by) its net or overall gross income (or net worth or similar Taxes imposed
in

	 1006
	  	 lieu thereof) by the United States of America, or by any other jurisdiction as a result of such
recipient

	 1007
	  	 being organized in or having its principal office in or applicable lending office in such
jurisdiction, or as a

	 1008
	  	 result of any other present or former connection (other than a connection arising solely from
this

	 1009
	  	 Agreement or any other Loan Document ) between such recipient and such jurisdiction, (b) any
branch

	 1010
	  	 profits Taxes imposed by the United States of America or any similar Tax imposed by any
other

	 1011
	  	 jurisdiction described in clause (a) above and (c) in the case of a Non-U.S. Lender (other than an assignee

	 1012
	  	 pursuant to a request by the Parent Borrower under Section 2.19(b)), any United States
withholding Taxes

	 1013
	  	 resulting from any law in effect (x) at the time such
Non-U.S. Lender becomes a party to this Agreement

	 1014
	  	 or, with respect to any additional position in any Loan acquired after such Non-U.S. Lender becomes a

	 1015
	  	 party hereto, at the time such additional position is acquired by such Non-U.S. Lender or (y) at the time

	 1016
	  	 such Non-U.S. Lender designates a new lending office,
except to the extent that such Non-U.S. Lender

	 1017
	  	 (or its assignor, if any) was entitled, immediately prior to designation of a new lending office
(or

	 1018
	  	 assignment), to receive additional amounts from an Applicable Borrower with respect to such
United

	 1019
	  	 States withholding Tax pursuant to Section 2.17(a), (d) any United States withholding Tax
imposed

	 1020
	  	 pursuant to FATCA, and (e) any withholding Tax that is attributable to a
recipient’s failure to comply

	 1021
	  	 with Section 2.17(f) and (f) any Taxes
resulting from a reallocation of obligations by operation of the 

	 1022
	  	CAM.
		
	 1023
	  	 “Existing Credit Agreement” means the Credit Agreement dated as of October 16, 2013

	 1024
	  	 (and as amended by the Incremental Facility Agreement and Amendment dated
as of October 17, 

	 1025
	  	2014prior to the Restatement Date), among TriMas Company LLC, TriMas Corporation, the other loan
	 1026
	  	 parties party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative
agent and

	 1027
	  	 collateral agent, and the other agents party thereto.

		
	 1028
	  	 “Existing Letters of Credit” means the letters of credit issued under the Existing
Credit

	 1029
	  	 Agreement and outstanding as of the Restatement Date, which are listed on Schedule
1.01(a).

		
	 1030
	  	 “Existing Revolving Commitments” means “Revolving Commitments” outstanding

	 1031
	  	 under the Existing Credit Agreement immediately prior to the Restatement Date.

		
	 1032
	  	 “Existing Revolving Lender” means a “Revolving Lender” under the Existing
Credit

	 1033
	  	 Agreement immediately prior to the Restatement Date.

		
	 1034
	  	 “Existing Revolving Loans” means “Revolving Loans” outstanding under the
Existing

	 1035
	  	 Credit Agreement immediately prior to the Restatement Date.

		
	 1036
	  	 “Existing Term Loans” means “Term Loans” outstanding under the Existing Credit

	 1037
	  	 Agreement immediately prior to the Restatement Date.

  
 -20- 

			
	 1038
	  	 “Extended Revolving Commitment” has the meaning assigned to such term in Section

	 1039
	  	 2.23(a).

		
	 1040
	  	 “Extended Term Loans” has the meaning assigned to such term
in Section 2.23(a).

		
	 1041
	  	 “Extension” has the meaning assigned to such term in Section 2.23(a).

		
	 1042
	  	 “Extension Offer” has the meaning assigned to such term in Section 2.23(a).

		
	 1043
	  	 “FATCA” means (i) Sections 1471 through 1474 of the Code, as of the Restatement
Date

	 1044
	  	 or any amended or successor provision that is substantively comparable and not materially more
onerous

	 1045
	  	 to comply with, and, in each case, any regulations or official interpretations thereof,
and (ii) any

	 1046
	  	 agreements entered into pursuant to Section 1471(b)(1) of the Code as of the date this
Agreement or any

	 1047
	  	 amended or successor provision as described in clause (i) above. and
(iii) any intergovernmental

	 1048
	  	 agreement, treaty or convention among Governmental Authorities (and any related legislation,
rules or

	 1049
	  	 official administrative practice) in each case implementing of the aforementioned sections of
the Code.

		
	 1050
	  	 “Federal Funds Effective Rate” means, for any day, the weighted average (rounded

	 1051
	  	upwards, if necessary, to the next 1/100 of 1%) of the rates on overnightrate calculated by the NYFRB
	 1052
	  	 based on such day’s federal funds transactions with members of the Federal
Reserve System arranged by 

	 1053
	  	Federal funds brokers, asby depositary institutions, as determined in such manner as the NYFRB shall set
	 1054
	  	 forth on its public website from time to time, and published on the next succeeding
Business Day by the

	 1055
	  	 Federal Reserve Bank of New York, or, if such rate is not so published for any day that is
a Business Day,

	 1056
	  	 the average (rounded upwards, if necessary, to the next 1/100 of 1%) of
the quotations for such day for 

	 1057
	  	such transactions received by the Administrative Agent from three Federal funds brokers of recognized
	 1058
	  	 standing selected by itNYFRB as the federal funds effective rate;
provided that if the Federal Funds

	 1059
	  	 Effective Rate shall be less than zero, such rate shall be deemed to be zero for the
purposes of this

	 1060
	  	 Agreement..

		
	 1061
	  	 “Financial Officer” means the chief financial officer, principal accounting officer,

	 1062
	  	 treasurer or controller of Holdings or the Parent Borrower, as applicable.

		
	 1063
	  	 “Foreign Currency” means Pounds Sterling, the Euro,
Australian Dollars and any

	 1064
	  	additional currencies determined after the Restatement Date by mutual agreement of the Parent Borrower
	 1065
	  	or any Foreign Subsidiary Borrower, as the case may be, the applicable Foreign Currency Lenders and the
	 1066
	  	Administrative Agent; provided each such currency is a lawful currency that is readily available, freely
	 1067
	  	transferable and not restricted, able to be converted into dollars and available in the London interbank
	 1068
	  	deposit market.
		
	 1069
	  	 “Financing Lease Obligations” of any Person means the obligations of such Person to pay

	 1070
	  	rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal
	 1071
	  	property, or a combination thereof, which obligations are required to be classified and accounted for as
	 1072
	  	capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be
	 1073
	  	the capitalized amount thereof determined in accordance with GAAP; provided that any change in GAAP
	 1074
	  	after the Restatement Date that would require lease obligations that would have been characterized and
	 1075
	  	accounted for as operating leases in accordance with GAAP as in effect on the Restatement Date to be
	 1076
	  	characterized and accounted for as Financing Lease Obligations shall be disregarded for purposes hereof.
		
	 1077
	  	“Flood Laws” means, collectively, (i) the National Flood Insurance Reform Act of 1994
	 1078
	  	(which comprehensively revised the National Flood Insurance Act of 1968 and the Flood Disaster
	 1079
	  	Protection Act of 1973) as now or hereafter in effect or any successor statute thereto, (ii) the Flood

  
 -21- 

			
	 1080
	  	Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto and (iii) the
	 1081
	  	Biggert-Waters Flood Insurance Reform Act of 2012 as now or hereafter in effect or any successor statute
	 1082
	  	thereto.
		
	 1083
	  	 “Foreign Currency” means Pounds Sterling and the Euro.

		
	 1084
	  	 “Foreign Currency Agent” means J.P. Morgan Europe Limited, as foreign currency agent

	 1085
	  	 with respect to the Foreign Currency Loans, together with any of its successors.

		
	 1086
	  	 “Foreign Currency Lenders” means the Fronting Lender and, with respect to any Foreign

	 1087
	  	 Currency, each other Lender as may be designated in writing by the Parent Borrower as a
Foreign

	 1088
	  	 Currency Lender with respect to such Foreign Currency which agrees in writing to act as such
in

	 1089
	  	 accordance with the terms hereof and are reasonably acceptable to the Administrative Agent
(which

	 1090
	  	 Foreign Currency Lenders, as of the Restatement Date, are listed on Schedule 1.01(c)), or any of
their

	 1091
	  	 respective affiliates, in each case in their capacities as the lenders of Foreign Currency Loans
pursuant to

	 1092
	  	 Section 2.01(a).

		
	 1093
	  	 “Foreign Currency Loan Participants” means, with respect to each Foreign Currency

	 1094
	  	 Loan, the collective reference to all Revolving Lenders other than the Foreign Currency Lenders
with

	 1095
	  	 respect to such Foreign Currency Loan.

		
	 1096
	  	 “Foreign Currency Loans” means Revolving Loans denominated in any Foreign

	 1097
	  	 Currency.

		
	 1098
	  	 “Foreign Currency Participation Fee” has the meaning assigned to such term in Section

	 1099
	  	 2.12(e).

		
	 1100
	  	 “Foreign Currency Participating Interest” has the meaning assigned to such term in

	 1101
	  	 Section 2.24(a).

		
	 1102
	  	 “Foreign Currency Revolving Exposure” means, with respect to any Revolving Lender at

	 1103
	  	 any time, the sum of (a) the LC Exposure of such Lender in respect of Letters of Credit
denominated in

	 1104
	  	 LC Foreign Currencies and (b) such Lender’s Applicable Percentage of the Dollar
Equivalent of the

	 1105
	  	 aggregate principal amount of Foreign Currency Loans outstanding at such time.

		
	 1106
	  	 “Foreign Currency Sublimit” means $75,000,000125,000,000.

		
	 1107
	  	 “Foreign Obligations” means any Obligations owing by any Foreign Subsidiary

	 1108
	  	 Borrower.

		
	 1109
	  	 “Foreign Security Collateral and Guarantee Requirement” means the requirement that:

		
	 1110
	  	 (a) the Collateral Agent shall have received from the applicable Foreign Subsidiary

	 1111
	  	 Borrower and its subsidiaries a counterpart of each Foreign Security Document relating to
the

	 1112
	  	 assets (including the Equity Interests of its subsidiaries) of such Foreign Subsidiary
Borrower,

	 1113
	  	 excluding assets as to which the Collateral Agent shall determine in its reasonable
discretion,

	 1114
	  	 after consultation with the Parent Borrower, that the costs and burdens of obtaining a
security

	 1115
	  	 interest are excessive in relation to the value of the security afforded thereby;

		
	 1116
	  	 (b) all documents and instruments (including legal opinions) required by law or

	 1117
	  	 reasonably requested by the Collateral Agent to be filed, registered or recorded to create the
Liens

  
 -22- 

			
	 1118
	  	 intended to be created over the assets specified in clause (a) above and perfect such Liens to
the

	 1119
	  	 extent required by, and with priority required by, such Foreign Security Documents, shall
have

	 1120
	  	 been filed, registered or recorded or delivered to the Collateral Agent for filing, registration
or

	 1121
	  	 recording;

		
	 1122
	  	 (c) such Foreign Subsidiary Borrower and its subsidiaries shall become a guarantor

	 1123
	  	 of the obligations under the Loan Documents of other Foreign Subsidiary Borrowers, if
any,

	 1124
	  	 under a guarantee agreement reasonably acceptable to the Collateral Agent, in either case
duly

	 1125
	  	 executed and delivered on behalf of such Foreign Subsidiary Borrower and such
subsidiaries,

	 1126
	  	 except that such guarantee shall not be required if the Collateral Agent shall determine in
its

	 1127
	  	 reasonable discretion, after consultation with the Parent Borrower, that the benefits of such
a

	 1128
	  	 guarantee are limited and such limited benefits are not justified in relation to the burdens
imposed

	 1129
	  	 by such guarantee on the Parent Borrower and its Subsidiaries; and

		
	 1130
	  	 (d) such Foreign Subsidiary Borrower shall have obtained all consents and approvals

	 1131
	  	 required to be obtained by it in connection with the execution and delivery of such
Foreign

	 1132
	  	 Security Documents, the performance of its obligations thereunder and the granting by it of
the

	 1133
	  	 Liens thereunder.

		
	 1134
	  	 “Foreign Security Documents” means any agreement or instrument entered into by any

	 1135
	  	 Foreign Subsidiary Borrower that is reasonably requested by the Collateral Agent providing for a
Lien

	 1136
	  	 over the assets (including shares of other Subsidiaries) of such Foreign Subsidiary
Borrower.

		
	 1137
	  	 “Foreign Subsidiary” means any Subsidiary that is organized under the laws of a

	 1138
	  	 jurisdiction other than the United States of America or any State thereof or the District of
Columbia.

		
	 1139
	  	 “Foreign Subsidiary Borrowers” means any wholly owned Foreign Subsidiary of the

	 1140
	  	 Parent Borrower organized under the laws of Australia, England and Wales, any
member nation of the

	 1141
	  	 European Union or any other nation in Europe reasonably acceptable to the Collateral Agent that
becomes

	 1142
	  	 a party to this Agreement in accordance with the requirements set forth in Section 2.20
(it being

	 1143
	  	 understood that as of the Restatement Date, each of Rieke-Lamons Nederland Holdings B.V. and
TriMas

	 1144
	  	 Corporation Limited is a Foreign Subsidiary Borrower).

		
	 1145
	  	 “Foreign Subsidiary Borrowing Agreement” means an agreement substantially in the

	 1146
	  	 form of Exhibit C.

		
	 1147
	  	 “Fronted Foreign Currency Loans” means the Foreign Currency Loans made by the

	 1148
	  	 Fronting Lender (other than Foreign Currency Loans made by it in an amount equal to the
Fronting

	 1149
	  	 Lender’s Applicable Percentage of outstanding Foreign Currency Loans).

		
	 1150
	  	 “Fronting Lender” means JPMorgan Chase Bank, N.A.

		
	 1151
	  	 “GAAP” means generally accepted accounting principles in the United States of

	 1152
	  	 America.

		
	 1153
	  	 “Governmental Authority” means the government of the United States of America, any

	 1154
	  	 other nation or any political subdivision thereof, whether state or local, and any agency,
authority,

	 1155
	  	 instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative,

	 1156
	  	 judicial, taxing, regulatory or administrative powers or functions of or pertaining to
government

	 1157
	  	 (including any supra-national body exercising such powers or functions, such as the European Union
or

	 1158
	  	 the European Central Bank).

  
 -23- 

			
		
	1159	  	 “Guarantee” of or by any Person (the “guarantor”) means any obligation, contingent
or

	1160	  	 otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any
Indebtedness

	1161	  	 or other obligation of any other Person (the “primary obligor”) in any manner,
whether directly or

	1162	  	 indirectly, and including any obligation of the guarantor, direct or indirect, (a) to
purchase or pay (or

	1163	  	 advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or
to

	1164	  	 purchase (or to advance or supply funds for the purchase of) any security for the payment thereof,
(b) to

	1165	  	 purchase or lease property, securities or services for the purpose of assuring the owner of
such

	1166	  	 Indebtedness or other obligation of the payment thereof, (c) to maintain working capital,
equity capital or

	1167	  	 any other financial statement condition or liquidity of the primary obligor so as to enable the
primary

	1168	  	 obligor to pay such Indebtedness or other obligation or (d) as an account party in respect of
any letter of

	1169	  	 credit or letter of guaranty issued to support such Indebtedness or obligation; provided,
that the term

	1170	  	 “Guarantee” shall not include endorsements for collection or deposit in the
ordinary course of business.

		
	1171	  	 “Guarantee Agreement” means the Guarantee Agreement, substantially in the form of

	1172	  	 Exhibit D, made by Holdings, the Parent Borrower and the Subsidiary Loan Parties party thereto in
favor

	1173	  	 of the Collateral Agent for the benefit of the Secured Parties.

		
	1174	  	 “Hazardous Materials” means all explosive, radioactive, hazardous or toxic substances,

	1175	  	 wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos
containing

	1176	  	 materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other
substances or

	1177	  	 wastes of any nature regulated pursuant to any Environmental Law.

		
	1178	  	 “Hedging Agreement” means any interest rate protection agreement, foreign currency

	1179	  	 exchange agreement, commodity price protection agreement or other interest or currency exchange
rate or

	1180	  	 commodity price hedging arrangement.

		
	1181	  	 “Holdings” means TriMas Corporation, a Delaware corporation.

		
	1182	  	 “Impacted Currency” has the meaning assigned to such term in the definition of
“LIBO

	1183	  	 Rate”.

		
	1184	  	 “Impacted Interest Period” has the meaning assigned to such term in the definition of

	1185	  	 “LIBO Rate”.

		
	1186	  	 “Impacted Lender” has the meaning assigned to such term in Section 2.26.

		
	1187	  	 “Incremental Commitment” means an Incremental Revolving Commitment or an

	1188	  	Incremental Term Commitment.
		
	1189	  	 “Incremental Equivalent Debt” has the meaning assigned to such term in Section

	1190	  	 6.01(a)(xx).

		
	1191	  	 “Incremental Facility Agreement” means an Incremental Facility Agreement, in form and

	1192	  	 substance reasonably satisfactory to the Administrative Agent, among Holdings, the Parent
Borrower, the 

	1193	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers, if any, the Administrative Agent and
	1194	  	 one or more Incremental Lenders, establishing Incremental Term Commitments of any Series
or 

	1195	  	Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan
	1196	  	 Documents as are contemplated by Section 2.21.

		
	1197	  	 “Incremental Lender” means an Incremental Revolving Lender or an Incremental Term

	1198	  	Lender.

  
 -24- 

			
		
	 1199
	  	 “Incremental Revolving Commitment” means, with respect to any Lender, the

	 1200
	  	 commitment, if any, of such Lender, established pursuant to an Incremental Facility Agreement
and

	 1201
	  	 Section 2.21, to make Revolving Loans and to acquire participations in Letters of Credit and
Swingline

	 1202
	  	 Loans hereunder, expressed as an amount representing the maximum aggregate permitted amount of
such

	 1203
	  	 Lender’s Revolving Exposure under such Incremental Facility Agreement.

		
	 1204
	  	 “Incremental Revolving Lender” means a Lender with an Incremental Revolving

	 1205
	  	 Commitment.

		
	 1206
	  	 “Incremental Term Commitment” means, with respect to
any Lender, the commitment, if

	 1207
	  	any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make
	 1208
	  	Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum
	 1209
	  	principal amount of the Incremental Term Loans of such Series to be made by such Lender.
		
	 1210
	  	 “Incremental Term Loans” means any term loans made pursuant
to Section 2.21(a).

		
	 1211
	  	 “Incremental Term Lender” means a Lender with an Incremental
Term Commitment or

	 1212
	  	an outstanding Incremental Term Loan.
		
	 1213
	  	 “Incremental Term Maturity Date” means, with respect to
Incremental Term Loans of

	 1214
	  	any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in
	 1215
	  	full hereunder, as specified in the applicable Incremental Facility Agreement.
		
	 1216
	  	 “Indebtedness” of any Person means, without duplication, (a) all obligations of
such

	 1217
	  	 Person for borrowed money or with respect to advances of any kind, (b) all obligations of
such Person

	 1218
	  	 evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such
Person upon

	 1219
	  	 which interest charges are customarily paid, (d) all obligations of such Person under
conditional sale or

	 1220
	  	 other title retention agreements relating to property acquired by such Person, (e) all
obligations of such

	 1221
	  	 Person in respect of the deferred purchase price of property or services (excluding current
accounts

	 1222
	  	 payable incurred in the ordinary course of business), (f) all Indebtedness of others secured by
(or for

	 1223
	  	 which the holder of such Indebtedness has an existing right, contingent or otherwise, to be
secured by)

	 1224
	  	 any Lien on property owned or acquired by such Person, whether or not the Indebtedness secured
thereby

	 1225
	  	 has been assumed, (g) all Guarantees by such Person of Indebtedness of others, (h) all
CapitalFinancing

	 1226
	  	 Lease Obligations of such Person, (i) all obligations, contingent or otherwise, of such
Person as an

	 1227
	  	 account party in respect of letters of credit and letters of guaranty and,
(j) all obligations, contingent or

	 1228
	  	 otherwise, of such Person in respect of bankers’ acceptances and (k) obligations in
respect of Swaps and

	 1229
	  	 Hedging Agreements in excess of $5,000,000 in the aggregate (it being understood that the
amount of

	 1230
	  	 obligations in respect of Swaps and Hedging Agreements shall be calculated as of any date
of

	 1231
	  	 determination as the maximum aggregate amount (giving effect to any netting agreements) that
Holdings,

	 1232
	  	 the Parent Borrower or the applicable Subsidiary would be required to pay if all Swaps and
Hedging

	 1233
	  	 Agreements were terminated at such time). The Indebtedness of any Person shall include
the

	 1234
	  	 Indebtedness of any other entity (including any partnership in which such Person is a general
partner) to

	 1235
	  	 the extent such Person is liable therefor as a result of such Person’s ownership interest in
or other

	 1236
	  	 relationship with such entity, except to the extent the terms of such Indebtedness provide that
such Person

	 1237
	  	 is not liable therefor. Notwithstanding anything to the contrary in this paragraph, the term
“Indebtedness”

	 1238
	  	 shall not include (a) agreements providing for indemnification, purchase price adjustments or
similar

	 1239
	  	 obligations incurred or assumed in connection with the acquisition or disposition of assets or
capital stock

	 1240
	  	and; (b) trade payables and accrued expenses in each case arising in the ordinary course of business.; (c)
	 1241
	  	 earn-out obligations until any such obligation becomes
a liability on the balance sheet; (d) deferred or

	 1242
	  	 prepaid revenues; (e) purchase price holdbacks in respect of a portion of the purchase
price of an asset to

  
 -25- 

			
	 1243
	  	 satisfy warranty or other unperformed obligations of the respective seller; (f) deferred
compensation to

	 1244
	  	 employees of the Parent Borrower or any Subsidiary incurred in the ordinary course of business;
and (g)

	 1245
	  	 Non-Financing Lease Obligations.

		
	 1246
	  	 “Indemnified Taxes” means (a) any Taxes, other than Excluded Taxes, and
(b) Other

	 1247
	  	 Taxes.

		
	 1248
	  	 “Indemnity, Subrogation and Contribution Agreement” means the Indemnity,

	 1249
	  	 Subrogation and Contribution Agreement, substantially in the form of Exhibit E, among the
Parent

	 1250
	  	 Borrower, the Subsidiary Loan Parties party thereto and the Collateral Agent.

		
	 1251
	  	 “Information Memorandum” means the Confidential Information Memorandum dated

	 1252
	  	June 1, 2015August 2017, relating to the Parent Borrower and the Transactions.
		
	 1253
	  	 “Interest Election Request” means a request by the Parent Borrower, a Subsidiary Term

	 1254
	  	Borrower or a Foreign Subsidiary Borrower, as the case may be, to convert or continue a Revolving Loan
	 1255
	  	or Tranche A Term Borrowing in accordance with Section 2.07.
		
	 1256
	  	 “Interest Expense Coverage Ratio” means, as of the last day of any fiscal quarter, the

	 1257
	  	 ratio of (a) Consolidated EBITDA to (b) the sum of (i) Consolidated Cash Interest
Expense and (ii)

	 1258
	  	 Preferred Dividends, in each case for the period of four consecutive fiscal quarters then
ended.

		
	 1259
	  	 “Interest Payment Date” means (a) with respect to any ABR Loan (other than a
Swingline

	 1260
	  	 Loan), the last day of each March, June, September and December, (b) with respect to any
Eurocurrency

	 1261
	  	 Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part
and, in

	 1262
	  	 the case of a Eurocurrency Borrowing with an Interest Period of more than three months’
duration, each

	 1263
	  	 day prior to the last day of such Interest Period that occurs at intervals of three months’
duration after the

	 1264
	  	 first day of such Interest Period, and (c) with respect to any Swingline Loan, the day that
such Loan is

	 1265
	  	 required to be repaid.

		
	 1266
	  	 “Interest Period” means, with respect to any Eurocurrency Borrowing, the period

	 1267
	  	 commencing on the date of such Borrowing and ending on the numerically corresponding day in
the

	 1268
	  	 calendar month that is one, two, three or six months thereafter (or twelve months thereafter if,
at the time

	 1269
	  	 of the relevant Borrowing, all Lenders participating therein agree to make an interest period of
such

	 1270
	  	 duration available), as the Parent Borrower, a Subsidiary Term Borrower or a
Foreign Subsidiary

	 1271
	  	 Borrower, as the case may be, may elect; provided that (a) if any Interest Period
would end on a day other

	 1272
	  	 than a Business Day, such Interest Period shall be extended to the next succeeding Business Day
unless

	 1273
	  	 such next succeeding Business Day would fall in the next calendar month, in which case such
Interest

	 1274
	  	 Period shall end on the next preceding Business Day and (b) any Interest Period that
commences on the

	 1275
	  	 last Business Day of a calendar month (or on a day for which there is no numerically corresponding
day

	 1276
	  	 in the last calendar month of such Interest Period) shall end on the last Business Day of the last
calendar

	 1277
	  	 month of such Interest Period. For purposes hereof, the date of a Borrowing initially shall be the
date on

	 1278
	  	 which such Borrowing is made and thereafter shall be the effective date of the most recent
conversion or

	 1279
	  	 continuation of such Borrowing.

		
	 1280
	  	 “Interpolated Rate” means, at any time and with respect to any Impacted Currency for

	 1281
	  	 any Impacted Interest Period, the rate per annum (rounded to the same number of decimal places as
the

	 1282
	  	 applicable Screen Rate) determined by the Administrative Agent (which determination shall
be

	 1283
	  	 conclusive and binding absent manifest error) to be equal to the rate that results from
interpolating on a

	 1284
	  	 linear basis between: (a) the applicable Screen Rate (for the longest period for which such
Screen Rate is

	 1285
	  	 available for the Impacted Currency) that is shorter than the Impacted Interest Period and
(b) the

  
 -26- 

			
	 1286
	  	 applicable Screen Rate (for the shortest period for which such Screen Rate is available for the
Impacted

	 1287
	  	 Currency) that exceeds the Impacted Interest Period, in each case, as of the Specified Time on
the

	 1288
	  	 Quotation Day. When determining the rate for a period which is less than the shortest period for
which

	 1289
	  	 the applicable Screen Rate is available, such Screen Rate for purposes of clause (a) above
shall be deemed

	 1290
	  	 to be (i) if the Impacted Currency is dollars, the overnight rate for dollars determined by
the

	 1291
	  	 Administrative Agent from such service as the Administrative Agent may select and
(ii) otherwise, the

	 1292
	  	 Overnight LIBO Rate.

		
	 1293
	  	 “IRS” means the United States Internal Revenue Service.

		
	 1294
	  	 “ISP” means, with respect to any Letter of Credit, the International Standby Practices

	 1295
	  	 1998 published by the Institute of International Banking Law & Practice, Inc. (or such
later version

	 1296
	  	 thereof as may be in effect at the time of such issuance).

		
	 1297
	  	 “Issuing Bank” means any of JPMCB, Bank of America, N.A. or Wells Fargo Bank,

	 1298
	  	 National Association, each in its capacity as an issuer of Letters of Credit hereunder, and their
respective

	 1299
	  	 successors in such capacity as provided in Section 2.05(i). Any Issuing Bank may, in its
discretion,

	 1300
	  	 arrange for one or more Letters of Credit to be issued by Affiliates of such Issuing Bank and in
each such

	 1301
	  	 case the term “Issuing Bank” shall include any such Affiliate with respect to
Letters of Credit issued by

	 1302
	  	 such Affiliate. References herein and in the other Loan Documents to the Issuing Bank shall be
deemed

	 1303
	  	 to refer to the Issuing Bank in respect of the applicable Letter of Credit or to all Issuing
Banks, as the

	 1304
	  	 context requires. Notwithstanding the foregoing, each institution listed on Schedule 1.01(a) shall
be

	 1305
	  	 deemed to be an Issuing Bank with respect to the Existing Letters of Credit issued by
it.

		
	 1306
	  	 “ITA” means the UK Income Tax Act 2007.

		
	 1307
	  	 “JPMCB” means JPMorgan Chase Bank, N.A.

		
	 1308
	  	 “Judgment Currency” has the meaning assigned to such term in Section 10.14.

		
	 1309
	  	 “Judgment Currency Conversion Date” has the meaning assigned to such term in Section

	 1310
	  	 10.14.

		
	 1311
	  	 “Latest Maturity Date” means, as of any date of determination, the latest Maturity Date

	 1312
	  	 applicable to any Loans outstanding or Commitments in effect hereunder.

		
	 1313
	  	 “LC Disbursement” means a payment made by the Issuing Bank pursuant to a Letter of

	 1314
	  	 Credit.

		
	 1315
	  	 “LC Exposure” means, at any time, the sum of (a) the aggregate undrawn amount of
all

	 1316
	  	 outstanding Letters of Credit (including the aggregate Dollar Equivalent of the undrawn amount of
all

	 1317
	  	 outstanding Letters of Credit denominated in LC Foreign Currencies) at such time plus (b) the
aggregate

	 1318
	  	 amount of all LC Disbursements (including the Dollar Equivalent of the amount of LC
Disbursements

	 1319
	  	 made in LC Foreign Currencies) that have not yet been reimbursed by or on behalf of the Parent
Borrower

	 1320
	  	 at such time. The LC Exposure of any Revolving Lender at any time shall be its Applicable
Percentage of

	 1321
	  	 the total LC Exposure at such time (including, for the avoidance of doubt, such Revolving
Lender’s

	 1322
	  	 Applicable Percentage of the Dollar Equivalent of the total LC Exposure denominated in an LC
Foreign

	 1323
	  	 Currency); provided that at any time that any tranche of Revolving Commitments has
terminated or been

	 1324
	  	 expired and there is LC Exposure outstanding under such tranche of Revolving Commitments, the
LC

	 1325
	  	 Exposure of any Revolving Lender under such tranche of Revolving Commitments at any time shall be
an

	 1326
	  	 amount equal to its percentage of the total LC Exposure under such tranche represented by such
Lender’s

  
 -27- 

			
	 1327
	  	 Revolving Commitment most recently in effect, giving effect to any assignments; provided,
further, that

	 1328
	  	 for all purposes of this Agreement, if on any date of determination a Letter of Credit has expired
by its

	 1329
	  	 terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the
ISP,

	 1330
	  	 such Letter of Credit shall be deemed to be outstanding in the amount so remaining available to be
drawn.

		
	 1331
	  	 “LC Foreign Currency” means Pounds Sterling, and the Euro, Australian
Dollars and any 

	 1332
	  	additional currencies determined after the Restatement Date by mutual agreement of the Parent Borrower
	 1333
	  	 or any Foreign Subsidiary Borrower, as the case may be, the Issuing Bank and the
Administrative Agent; 

	 1334
	  	provided that each such currency is a lawful currency that is readily available, freely transferable and not
	 1335
	  	restricted, able to be converted into dollars and available in the London interbank deposit market..
		
	 1336
	  	 “LC Reserve Account” has the meaning assigned to such term in Section 9.02(a).

		
	 1337
	  	 “LC Sublimit” means $40,000,000.

		
	 1338
	  	 “LCT Election” has the meaning assigned to such term in Section 1.05.

		
	 1339
	  	 “LCT Test Date” has the meaning assigned to such term in Section 1.05.

		
	 1340
	  	 “Lender Affiliate” means, (a) with respect to any Lender, (i) an Affiliate of such
Lender

	 1341
	  	 or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged
in making,

	 1342
	  	 purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the
ordinary

	 1343
	  	 course of its business and is administered or managed by a Lender or an Affiliate of such Lender
and (b)

	 1344
	  	 with respect to any Lender that is a fund that invests in bank loans and similar extensions of
credit, any

	 1345
	  	 other fund that invests in bank loans and similar extensions of credit and is managed by the
same

	 1346
	  	 investment advisor as such Lender or by an Affiliate of such investment advisor.

		
	 1347
	  	 “Lenders” means the Persons listed on Schedule 2.01 and any other Person that shall

	 1348
	  	 have become a party hereto pursuant to an Assignment and Assumption or an Incremental
Facility

	 1349
	  	 Agreement, as the case may be, other than any such Person that ceases to be a party hereto
pursuant to an

	 1350
	  	 Assignment and Assumption. Unless the context otherwise requires, the term
“Lenders” includes the

	 1351
	  	 Swingline Lenders and the Fronting Lender.

		
	 1352
	  	 “Letter of Credit” means any letter of credit issued pursuant to this Agreement. Each

	 1353
	  	 Existing Letter of Credit shall be deemed to constitute a Letter of Credit issued hereunder as of
the

	 1354
	  	 Restatement Date for all purposes of the Loan Documents.

		
	 1355
	  	 “Leverage Ratio” means, on any date, the ratio of (a) Total Indebtedness as of such
date

	 1356
	  	 to (b) Consolidated EBITDA for the period of four consecutive fiscal quarters of Holdings
ended on such

	 1357
	  	 date (or, if such date is not the last day of a fiscal quarter, ended on the last day of the
fiscal quarter of

	 1358
	  	 Holdings most recently ended prior to such date for which financial statements are
available).

		
	 1359
	  	 “LIBO Rate” means, (a) with respect to any Eurocurrency Borrowing denominated in
any

	 1360
	  	 currency other than Euro and Australian Dollars for any Interest Period, the
London interbank offered rate

	 1361
	  	 as administered by the ICE Benchmark Administration appearing on the Reuters “LIBOR01”
or

	 1362
	  	 “LIBOR02” screen (or on any successor or substitute page of such service, or any
successor or substitute

	 1363
	  	 screen provided by Reuters, or any successor to or substitute for such service, providing rate
quotations

	 1364
	  	 comparable to those currently provided on such screen, as determined by the Administrative Agent
from

	 1365
	  	 time to time for purposes of providing quotations of interest rates applicable to deposits in the
applicable

	 1366
	  	 currency in the London interbank market) as of the Specified Time on the Quotation Day for such
Interest

	 1367
	  	 Period (or, in the case of any Eurocurrency Borrowing denominated in Pounds Sterling, on the first
day of

  
 -28- 

			
	1368	  	 such Interest Period), as the rate for deposits in the applicable currency with a maturity
comparable to

	1369	  	 such Interest Period (the “LIBOR Screen Rate”), and
(b) with respect to any Eurocurrency Borrowing

	1370	  	 denominated in Euro for any Interest Period, the rate appearing on the Reuters Screen EURIBOR01
Page

	1371	  	 (it being understood that this rate is the Euro interbank offered rate (known as the “EURIBOR
Rate”)

	1372	  	 sponsored by the Banking Federation of the European Union (known as the “FBE”) and the
Financial

	1373	  	 Markets Association (known as the “ACI”)) as of the Specified Time on the Quotation Day
for such

	1374	  	 Interest Period, as the rate for deposits in Euro with a maturity comparable to such Interest
Period (the

	1375	  	 “EURIBOR Screen Rate”) and
(c) with respect to any Eurocurrency Borrowing denominated in 

	1376	  	Australian Dollars for any Interest Period, the average bid rate appearing on the Reuters Screen BBSY
	1377	  	page as of the Specified Time on the Quotation Day for such Interest Period for a term equivalent to such
	1378	  	Interest Period (the “AUD Screen Rate”; and together with the LIBOR Screen Rate and the Euribor
	1379	  	 Screen Rate, the “Screen Rates” and each a “Screen Rate”). If
for any reason the applicable Screen Rate

	1380	  	 shall not be available at such time for such Interest Period (an “Impacted Interest
Period”) with respect to

	1381	  	 the relevant currency (the “Impacted Currency”), then the “LIBO
Rate” shall be the Interpolated Rate at

	1382	  	 such time. Notwithstanding anything to the contrary in this Agreement, if any Screen Rate or
Interpolated

	1383	  	 Rate shall be less than zero, such Screen Rate or Interpolated Rate, as applicable, shall be
deemed to be

	1384	  	 zero for purposes of this Agreement.

		
	1385	  	 “LIBOR Screen Rate” has the meaning assigned to such term in
the definition of “LIBO

	1386	  	Rate”.
		
	1387	  	 “Lien” means, with respect to any asset, (a) any mortgage, deed of trust, lien,
pledge,

	1388	  	 hypothecation, encumbrance, charge or security interest in, on or of such asset, (b) the
interest of a vendor

	1389	  	 or a lessor under any conditional sale agreement, capital lease or title retention agreement (or
any

	1390	  	 financing lease having substantially the same economic effect as any of the foregoing) relating to
such

	1391	  	 asset and (c) in the case of securities, any purchase option, call or similar right of a
third party with

	1392	  	 respect to such securities.

		
	1393	  	 “Limited Conditionality Acquisition” has the meaning assigned to such term in Section

	1394	  	2.21(c)means an acquisition permitted by this Agreement for which the Parent Borrower has determined,
	1395	  	 in good faith, that limited conditionality is reasonably necessary.

		
	1396	  	 “Limited Conditionality Acquisition Agreement” has the meaning assigned to such term

	1397	  	in Section 2.21(c)means, with respect to any Limited Conditionality Acquisition, the definitive
	1398	  	 acquisition documentation in respect thereof.

		
	1399	  	 “Loan Documents” means this Agreement, the Replacement Revolving Facility

	1400	  	 Amendment, any Incremental Facility Agreement, any Foreign Subsidiary Borrowing Agreement,
the

	1401	  	 Security Documents and the promissory notes, if any, executed and delivered pursuant to
Section 2.09(e).

		
	1402	  	 “Loan Parties” means Holdings, the Parent Borrower, the Subsidiary Term Borrowers,

	1403	  	the Foreign Subsidiary Borrowers and the other Subsidiary Loan Parties.
		
	1404	  	 “Loans” means the loans made by the Lenders to the Parent Borrower, the Subsidiary

	1405	  	Term Borrowers and the Foreign Subsidiary Borrowers pursuant to this Agreement.
		
	1406	  	 “Local Time” means (a) with respect to Foreign Currency Loans and Letters of Credit

	1407	  	 denominated in Euros or Pounds Sterling, local time in London, (b) with respect to Foreign
Currency

	1408	  	 Loans denominated in currencies other than Euros and Pounds Sterling and Letters of Credit
denominated

	1409	  	 in LC Foreign Currencies other than Euros and Pounds Sterling, local time in the Principal
Financial

	1410	  	 Center for the applicable currency and (c) with respect to any other Loans, local time in New
York City.

  
 -29- 

			
		
	 1411
	  	 “Long-Term Indebtedness” means any Indebtedness that, in accordance with GAAP,

	 1412
	  	 constitutes (or, when incurred, constituted) a long-term liability, including the current portion
of any

	 1413
	  	 Long-Term Indebtedness.

		
	 1414
	  	 “Margin Stock” shall have the meaning assigned to such term in Regulation U.

		
	 1415
	  	 “Market Capitalization” means an amount equal to (a) the total number of issued
and

	 1416
	  	 outstanding shares of common Equity Interests of Holdings or any direct or indirect parent of
Holdings on

	 1417
	  	 the date of the declaration of a Restricted Payment permitted pursuant to
Section 6.08(a)(xii) multiplied

	 1418
	  	 by (b) the arithmetic mean of the closing prices per share of such common Equity Interests
on the

	 1419
	  	 principal securities exchange on which such common Equity Interests are traded or quoted for
the 30

	 1420
	  	 consecutive trading days immediately preceding the date of declaration of such Restricted
Payment.

		
	 1421
	  	 “Material Adverse Effect” means a material adverse effect on (a) the business,

	 1422
	  	 operations, properties, assets, financial condition, or material agreements of Holdings, the
Parent

	 1423
	  	 Borrower and the Subsidiaries (including the Receivables Subsidiary), taken as a whole,
(b) the ability of

	 1424
	  	 any Loan Party in any material respect to perform any of its obligations under any Loan Document
or (c)

	 1425
	  	 the rights of or benefits available to the Lenders under any Loan Document.

		
	 1426
	  	 “Material Agreements” means any agreements or instruments relating to Material

	 1427
	  	 Indebtedness.

		
	 1428
	  	 “Material Indebtedness” means (a) obligations in respect of the Permitted
Receivables

	 1429
	  	 Financing and (b) any other Indebtedness (other than the Loans and Letters of Credit), or
obligations in

	 1430
	  	 respect of one or more Hedging Agreements, of any one or more of Holdings, the Parent Borrower and
its

	 1431
	  	 Subsidiaries in an aggregate principal amount exceeding
$25,000,00050,000,000. For purposes of

	 1432
	  	 determining Material Indebtedness, the “principal amount” of the obligations of
Holdings, the Parent

	 1433
	  	 Borrower or any Subsidiary in respect of any Hedging Agreement at any time shall be the
maximum

	 1434
	  	 aggregate amount (giving effect to any netting agreements) that Holdings, the Parent Borrower or
such

	 1435
	  	 Subsidiary would be required to pay if such Hedging Agreement were terminated at such
time.

		
	 1436
	  	 “Maturity Date” means the Tranche A Maturity Date, the Incremental Term Maturity

	 1437
	  	Date with respect to Incremental Term Loans of any Series, the Revolving Maturity Date or the scheduled
	 1438
	  	 maturity date in respect of any Extended Term Loans or Extended Revolving
Commitments, as the

	 1439
	  	 context requires.

		
	 1440
	  	 “Minimum Extension Condition” has the meaning assigned to such term in Section

	 1441
	  	 2.23(b).

		
	 1442
	  	 “Minimum Tranche Amount” has the meaning assigned to such term in Section
2.23(b).

		
	 1443
	  	 “Moody’s” means Moody’s Investors Service, Inc.

		
	 1444
	  	 “Mortgage” means a mortgage, deed of trust, assignment of leases and rents, leasehold

	 1445
	  	 mortgage or other security document granting a Lien on any Mortgaged Property to secure
the

	 1446
	  	 Obligations. Each Mortgage shall be substantially in the form of Exhibit F with such changes as
are

	 1447
	  	 necessary under applicable local law.

		
	 1448
	  	 “Mortgage Amendment” has the meaning assigned to such term in Section 4.04(f).

  
 -30- 

			
		
	 1449
	  	 “Mortgaged Property” means each parcel of real property and improvements thereto with

	 1450
	  	 respect to which a Mortgage is granted pursuant to Section 5.12 or 5.13.

		
	 1451
	  	 “Multiemployer Plan” means a multiemployer plan as defined in Section 4001(a)(3) of

	 1452
	  	 ERISA.

		
	 1453
	  	 “Net Proceeds” means, with respect to any event (a) the cash proceeds received in
respect

	 1454
	  	 of such event including (i) any cash received in respect of any noncash proceeds, but only as
and when

	 1455
	  	 received, (ii) in the case of a casualty, insurance proceeds in excess of $1,000,000 and
(iii) in the case of a

	 1456
	  	 condemnation or similar event, condemnation awards and similar payments, net of (b) the sum
of (i) all

	 1457
	  	 reasonable fees and
out-of-pocket expenses paid by Holdings, the Parent Borrower and the Subsidiaries to

	 1458
	  	 third parties (other than Affiliates) in connection with such event, (ii) in the case of a
sale, transfer or

	 1459
	  	 other disposition of an asset (including pursuant to a sale and leaseback transaction or a
casualty or a

	 1460
	  	 condemnation or similar proceeding), the amount of all payments required to be made by Holdings,
the

	 1461
	  	 Parent Borrower and the Subsidiaries as a result of such event to repay Indebtedness (other than
Loans)

	 1462
	  	 secured by such asset or otherwise subject to mandatory prepayment as a result of such event, and
(iii) the

	 1463
	  	 amount of all Taxes paid (or reasonably estimated to be payable) by Holdings, the Parent Borrower
and

	 1464
	  	 the Subsidiaries, and the amount of any reserves established by Holdings, the Parent Borrower and
the

	 1465
	  	 Subsidiaries to fund contingent liabilities reasonably estimated to be payable, in each case
during the 24-

	 1466
	  	 month period immediately following such event and that are directly attributable to such event
(as

	 1467
	  	 determined reasonably and in good faith by the chief financial officer of Holdings or the Parent
Borrower)

	 1468
	  	 to the extent such liabilities are actually paid within such applicable time periods.
Notwithstanding 

	 1469
	  	 anything to the contrary set forth above, (x) the proceeds of any sale, transfer or other
disposition of

	 1470
	  	 receivables (or any interest therein) pursuant to any Permitted Receivables Financing or
any Specified

	 1471
	  	 Vendor Receivables Financing shall be deemed to not constitute Net Proceeds and (y) the
proceeds of the

	 1472
	  	 Designated Asset Sale in an amount not to exceed the amount of Restricted Payments
permitted to be

	 1473
	  	 made on the date of designation of the Designated Asset Sale pursuant to Section
6.08(a)(viii) shall be

	 1474
	  	 deemed to not constitute Net Proceeds.

		
	 1475
	  	 “Net Working Capital” means, at any date, (a) the consolidated current assets
of

	 1476
	  	 Holdings, the Parent Borrower and its consolidated Subsidiaries (including the Receivables
Subsidiary) as

	 1477
	  	 of such date (excluding cash and Permitted Investments) minus (b) the consolidated current
liabilities of

	 1478
	  	 Holdings, the Parent Borrower and its consolidated Subsidiaries (including the Receivables
Subsidiary) as

	 1479
	  	 of such date (excluding current liabilities in respect of Indebtedness). Net Working
Capital at any date

	 1480
	  	 may be a positive or negative number. Net Working Capital increases when it becomes more
positive or

	 1481
	  	 less negative and decreases when it becomes less positive or more
negative.

		
	 1482
	  	 “Non-Consenting Lender” has the meaning assigned to such term
in Section 10.02(c).

		
	 1483
	  	 “Non-Defaulting Lender” means, at any time, any Revolving
Lender that is not a

	 1484
	  	 Defaulting Lender at such time.

		
	 1485
	  	 “Non-Financing Lease Obligation” means a lease obligation that is
not required to be

	 1486
	  	classified and accounted for as a financing or capital lease on both the balance sheet and the income
	 1487
	  	statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a
	 1488
	  	straight-line or operating lease shall be considered a Non-Financing Lease Obligation.
		
	 1489
	  	 “Non-U.S. Lender” means a Lender or Issuing Bank that is not a
U.S. Person.

  
 -31- 

			
	 1490
	  	 “Not Otherwise Applied” means, with reference to any proceeds of any transaction or

	 1491
	  	 event that is proposed to be applied to a particular use or transaction, that such amount has
not previously

	 1492
	  	 been (and is not simultaneously being) applied to anything other than such particular use or
transaction.

		
	 1493
	  	 “NYFRB” means the Federal Reserve Bank of New York.

		
	 1494
	  	 “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate
in

	 1495
	  	 effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for
any day that is

	 1496
	  	 not a Business Day, for the immediately preceding Business Day); provided that if none of such
rates are

	 1497
	  	 published for any day that is a Business Day, the term “NYFRB Rate” means the rate
for a federal funds

	 1498
	  	 transaction quoted at 11:00 a.m. on such day received to the Administrative Agent from a
Federal funds

	 1499
	  	 broker of recognized standing selected by it; provided, further, that if any of the aforesaid
rates shall be

	 1500
	  	 less than zero, such rate shall be deemed to be zero for purposes of this
Agreement.

		
	 1501
	  	 “Obligations” has the meaning assigned to such term in the Security Agreement.

		
	 1502
	  	 “OFAC”: means the Office of Foreign Assets Control of the U.S. Department
of

	 1503
	  	 Treasury.

		
	 1504
	  	 “Original Credit Agreement” means the Credit Agreement dated as of October 16,
2013,

	 1505
	  	 among TriMas Company LLC, TriMas Corporation, the other loan parties party thereto, the lenders
party

	 1506
	  	 thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the other
agents

	 1507
	  	 party thereto, as in effect on the Closing Date.

		
	 1508
	  	 “Other Taxes” means any present or future stamp, court, documentary, intangible,

	 1509
	  	 recording, filing or similar excise or property Taxes that arise from any payment made under, from
the

	 1510
	  	 execution, delivery, performance, enforcement or registration of, or from the registration,
receipt or

	 1511
	  	 perfection of a security interest under, or otherwise with respect to, any Loan Document, except
any such

	 1512
	  	 Taxes imposed with respect to an assignment (other than an assignment under
Section 2.19(b)).

		
	 1513
	  	 “Overnight Bank Funding Rate” means, for any day, the rate comprised of both overnight

	 1514
	  	 federal funds and overnight Eurodollar borrowings by U.S.-managed banking offices of
depository

	 1515
	  	 institutions, as such composite rate shall be determined by the NYFRB as set forth on its
public website

	 1516
	  	 from time to time, and published on the next succeeding Business Day by the NYFRB as an
overnight

	 1517
	  	 bank funding rate (from and after such date as the NYFRB shall commence to publish such
composite

	 1518
	  	 rate).

		
	 1519
	  	 “Overnight LIBO Rate” means, with respect to any Loans or overdue amount in respect

	 1520
	  	 thereof, the rate of interest per annum at which overnight deposits in the applicable currency, in
an

	 1521
	  	 amount approximately equal to the amount with respect to which such rate is being determined,
would be

	 1522
	  	 offered for such day by a branch or affiliate of JPMorgan Chase Bank, N.A. in the applicable
offshore

	 1523
	  	 interbank market for such currency to major banks in such interbank market.

		
	 1524
	  	 “Parallel Debt Foreign Obligations” has the meaning assigned to such term in Section

	 1525
	  	10.18(b).
		
	 1526
	  	 “Parallel Debt U.S. Obligations” has the meaning assigned to
such term in Section

	 1527
	  	10.18(a).
		
	 1528
	  	 “Parent Borrower” means TriMas Company LLC, a Delaware limited liability company.

  
 -32- 

			
		
	 1529
	  	 “Participant” has the meaning assigned to such term in Section 10.04(e).

		
	 1530
	  	 “Participant Register” has the meaning assigned to such term in Section 10.04(e).

		
	 1531
	  	 “PATRIOT Act” has the meaning assigned to such term in Section 10.16.

		
	 1532
	  	 “PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in

	 1533
	  	 ERISA and any successor entity performing similar functions.

		
	 1534
	  	 “Perfection Certificate” means a certificate in the form of Annex I to the Security

	 1535
	  	 Agreement or any other form approved by the Collateral Agent.

		
	 1536
	  	 “Permitted Acquisition” means any acquisition, whether by purchase, merger,

	 1537
	  	 consolidation or otherwise, by the Parent Borrower or a Subsidiary of all or substantially all the
assets of,

	 1538
	  	 or all of the Equity Interests in, a Person or a division, line of business or other business unit
of a Person

	 1539
	  	 so long as (a) such acquisition shall not have been preceded by a tender offer that has not
been approved

	 1540
	  	 or otherwise recommended by the board of directors of such Person, (b) such assets are to be
used in, or

	 1541
	  	 such Person so acquired is engaged in, as the case may be, a business of the type conducted by the
Parent

	 1542
	  	 Borrower and its Subsidiaries on the Restatement Date or in a business reasonably related thereto
and (c)

	 1543
	  	 immediately after giving effect thereto, (i) (other than with respect to Limited
Conditionality

	 1544
	  	 Acquisitions) no Default has occurred and is continuing or would result therefrom, (ii) all
transactions

	 1545
	  	 related thereto are consummated in all material respects in accordance with applicable laws,
(iii) all of the

	 1546
	  	 Equity Interests (other than Assumed Preferred Stock) of each Subsidiary formed for the purpose of
or

	 1547
	  	 resulting from such acquisition shall be owned directly by the Parent Borrower or a Subsidiary and
all

	 1548
	  	 actions required to be taken under Sections 5.12 and 5.13 have been taken, (iv) (other than with
respect to

	 1549
	  	 Limited Conditionality Acquisitions) theeach of the Total Net Leverage Ratio
and the Senior Secured Net

	 1550
	  	 Leverage Ratio, on a pro forma basis after giving effect to such acquisition and recomputed as of
the last

	 1551
	  	 day of the most recently ended fiscal quarter of Holdings for which financial statements are
available, as

	 1552
	  	 if such acquisition (and any related incurrence orand repayment of
Indebtedness) had occurred on the first

	 1553
	  	 day of the relevant period (provided that any acquisition that occurs prior to the first
testing period under

	 1554
	  	 Section 6.13 shall be deemed to have occurred during such first testing period), is at least
0.25 less than is

	 1555
	  	 otherwise required pursuant to Section 6.13 at the time of such event, (v) any
Indebtedness or any

	 1556
	  	 preferred stock that is incurred, acquired or assumed in connection with such acquisition shall be
in

	 1557
	  	 compliance with Section 6.01 and (vi) the Parent Borrower has delivered to the
Administrative Agent an

	 1558
	  	 officers’ certificate to the effect set forth in clauses (a), (b) and (c)(i) through
(v) above, together with all

	 1559
	  	 relevant financial information for the Person or assets to be acquired; provided
further that no Limited

	 1560
	  	 Conditionality Acquisition shall become effective unless (i) no Default or Event of Default
shall have

	 1561
	  	 occurred and be continuing as of the date of entry into the Limited Conditionality Acquisition
Agreement,

	 1562
	  	 (ii) on the date of effectiveness of the Limited Conditionality Acquisition Agreement, the
representations

	 1563
	  	 and warranties of each Loan Party set forth in the Loan Documents shall be true and correct on and
as of

	 1564
	  	 such date and (iii) on the date of effectiveness of the Limited Conditionality Acquisition
Agreement and

	 1565
	  	 assuming such Incremental Term Loans were made on such date, theany related
incurrence and

	 1566
	  	 repayment of Indebtedness, each of the Total Net Leverage Ratio of
Holdingsand the Senior Secured Net

	 1567
	  	 Leverage Ratio, on a pro forma basis after giving effect to such acquisition, is at least
0.25 less than is

	 1568
	  	 otherwise required pursuant to Section 6.13 on such date.

		
	 1569
	  	 “Permitted Encumbrances” means:

		
	 1570
	  	 (a) Liens imposed by law for taxes, assessments or other governmental charges that

	 1571
	  	 are not yet due or are being contested in compliance with Section 5.05;

  
 -33- 

			
		
	 1572
	  	 (b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s and
other

	 1573
	  	 like Liens imposed by law, arising in the ordinary course of business and securing obligations that

	 1574
	  	 are not overdue by more than 3060 days or are being contested in compliance with
Section 5.05;

		
	 1575
	  	 (c) pledges and deposits made in the ordinary course of business in compliance with

	 1576
	  	 workers’ compensation, unemployment insurance and other social security laws or regulations;

		
	 1577
	  	 (d) deposits to secure the performance of bids, trade contracts, leases, statutory

	 1578
	  	 obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in

	 1579
	  	 each case in the ordinary course of business;

		
	 1580
	  	 (e) judgment Liens in respect of judgments and attachments Liens that do not

	 1581
	  	 constitute an Event of Default under clause (k) of Article VII and notices of lis pendens and

	 1582
	  	 associated rights related to litigation being contested in good faith by appropriate proceedings
and

	 1583
	  	 for which adequate reserves have been made;

		
	 1584
	  	 (f) easements, zoning restrictions,
rights-of-way and similar encumbrances on real

	 1585
	  	 property imposed by law or arising in the ordinary course of business that do not secure any

	 1586
	  	 monetary obligations and do not materially detract from the value of the affected property or

	 1587
	  	 interfere with the ordinary conduct of business of Holdings, the Parent Borrower or any

	 1588
	  	 Subsidiary;

		
	 1589
	  	 (g) ground leases in respect of real property on which facilities owned or leased by

	 1590
	  	 Holdings, the Parent Borrower or any of the Subsidiaries are located, other than any Mortgaged

	 1591
	  	 Property;

		
	 1592
	  	 (h) Liens (i) in favor of credit card processors securing obligations in
connection

	 1593
	  	 with credit card processing services incurred in the ordinary course of business and (ii) in favor
or

	 1594
	  	 customs and revenue authorities arising as a matter of law to secure payment of customs duties in

	 1595
	  	 connection with the importation of goods in the ordinary course of business;

		
	 1596
	  	 (i) leases or subleases granted to other Persons and not interfering in any material

	 1597
	  	 respect with the business of Holdings, the Parent Borrower and the Subsidiaries, taken as a

	 1598
	  	 whole;

		
	 1599
	  	 (j) banker’s liens, rights of set-off or similar
rights, in each case arising by operation

	 1600
	  	 of law; and

		
	 1601
	  	 (k) Liens in favor of a landlord on leasehold improvements in leased premises;

		
	 1602
	  	 provided that the term “Permitted Encumbrances” shall not include any Lien
securing Indebtedness.

		
	 1603
	  	 “Permitted Investments” means:

		
	 1604
	  	 (a) direct obligations of, or obligations the principal of and interest on which are

	 1605
	  	 unconditionally guaranteed by, the United States of America (or by any agency thereof to the

	 1606
	  	 extent such obligations are backed by the full faith and credit of the United States of America), in

	 1607
	  	 each case maturing within one year from the date of acquisition thereof;

  
 -34- 

			
	 1608
	  	 (b) investments in commercial paper maturing within one year from the date of

	 1609
	  	 acquisition thereof and having, at such date of acquisition, the highest credit rating obtainable

	 1610
	  	 from S&P or from Moody’s;

		
	 1611
	  	 (c) investments in certificates of deposit, banker’s acceptances and time deposits

	 1612
	  	 maturing within one year from the date of acquisition thereof issued or guaranteed by or placed

	 1613
	  	 with, and money market deposit accounts issued or offered by, any domestic office of any

	 1614
	  	 commercial bank organized under the laws of the United States of America or any State thereof

	 1615
	  	 that has a combined capital and surplus and undivided profits of not less than $500,000,000;

		
	 1616
	  	 (d) fully collateralized repurchase agreements with a term of not more than 30 days

	 1617
	  	 for securities described in clause (a) above and entered into with a financial institution
satisfying

	 1618
	  	 the criteria described in clause (c) above;

		
	 1619
	  	 (e) securities issued by any state of the United States of America or any political

	 1620
	  	 subdivision of any such state or any public instrumentality thereof having maturities of not more

	 1621
	  	 than six months from the date of acquisition thereof and, at the time of acquisition, having the

	 1622
	  	 highest credit rating obtainable from S&P or from Moody’s;

		
	 1623
	  	 (f) securities issued by any foreign government or any political subdivision of any

	 1624
	  	 foreign government or any public instrumentality thereof having maturities of not more than six

	 1625
	  	 months from the date of acquisition thereof and, at the time of acquisition, having the highest

	 1626
	  	 credit rating obtainable from S&P or from Moody’s;

		
	 1627
	  	 (g) investments of the quality as those identified on Schedule 6.04 as “Qualified

	 1628
	  	 Foreign Investments” made in the ordinary course of business;

		
	 1629
	  	 (h) cash; and

		
	 1630
	  	 (i) investments in funds that invest solely in one or more types of securities

	 1631
	  	 described in clauses (a), (e) and (f) above.

		
	 1632
	  	 “Permitted Joint Venture and Foreign Subsidiary Investments” means investments by

	 1633
	  	 Holdings, the Parent Borrower or any Subsidiary in the Equity Interests of (a) any Person
that is not a

	 1634
	  	 Subsidiary or (b) any Person that is a Foreign Subsidiary, in an aggregate amount not to
exceed

	 1635
	  	 $125,000,000 (provided that such amount shall be increased to (x) $175,000,000 so long as
the Leverage 

	 1636
	  	Ratio is less than 3.75 to 1.00 and (y) $250,000,000 so long as the Leverage Ratio is less than 3.00 to
	 1637
	  	1.00).
		
	 1638
	  	 “Permitted Receivables Documents” means the Receivables Purchase Agreement, the

	 1639
	  	 Receivables Transfer Agreement and all other documents and agreements relating to the
Permitted

	 1640
	  	 Receivables Financing.

		
	 1641
	  	 “Permitted Receivables Financing” means (a) the sale by the Parent Borrower and
certain

	 1642
	  	 Subsidiaries (other than Foreign Subsidiaries) of accounts receivable to the Receivables
Subsidiary

	 1643
	  	 pursuant to the Receivables Purchase Agreement and (b) the sale or pledge of such accounts
receivable

	 1644
	  	 (or participations therein) by the Receivables Subsidiary to certain purchasers pursuant to the
Receivables

	 1645
	  	 Transfer Agreement.

		
	 1646
	  	 “Permitted Tax Distribution” means

  
 -35- 

			
	 1647
	  	 (a) with respect to any taxable period during which the Parent Borrower is treated as

	 1648
	  	 a disregarded entity for U.S. federal income tax purposes and/or any of its Subsidiaries is a

	 1649
	  	 member of a consolidated, unitary, combined or similar tax group in which Holdings or Holdings’

	 1650
	  	 direct or indirect parent is the common parent, distributions by the Parent Borrower to Holdings

	 1651
	  	 to pay the portion of such consolidated, unitary combined or similar tax liability that is

	 1652
	  	 attributable to the taxable income of the Parent Borrower and its Subsidiaries; provided, however,

	 1653
	  	 that the amount of such aggregate amount of payments that would be made pursuant to this clause

	 1654
	  	 (a) in respect of any taxable period does not exceed the actual tax liability of such consolidated,

	 1655
	  	 unitary, combined or similar tax group and

		
	 1656
	  	 (b) with respect to any taxable period during which Holdings is treated as a

	 1657
	  	 partnership for U.S. federal income tax purposes and the Parent Borrower is treated as a

	 1658
	  	 disregarded entity or partnership for U.S. federal income tax purposes, distributions by the Parent

	 1659
	  	 Borrower to Holdings to pay the portion of the tax liability of Holdings’ direct or indirect owners

	 1660
	  	 that is attributable to the taxable income of the Parent Borrower (determined as if the Parent

	 1661
	  	 Borrower were a taxpayer), in an aggregate amount equal to the product of (y) the taxable income

	 1662
	  	 of the Parent Borrower allocable to Holdings for such period less the cumulative amount of net

	 1663
	  	 taxable loss of the Parent Borrower allocated to Holdings for all prior taxable periods beginning

	 1664
	  	 after the Restatement Date (determined as if such periods were one combined period) to the

	 1665
	  	 extent such prior net losses are of a character (i.e., ordinary or capital) that would have allowed

	 1666
	  	 such losses to be offset against the current period’s income and (z) the highest combined
marginal

	 1667
	  	 federal and applicable state and/or local income tax rate applicable to the Parent Borrower for the

	 1668
	  	 taxable period in question (taking into account the deductibility of state and local income taxes

	 1669
	  	 (subject to applicable limitations) for U.S. federal income tax purposes).

		
	 1670
	  	 “Permitted Term Loan Refinancing Indebtedness” means any Indebtedness
incurred to

	 1671
	  	refinance all or any portion of the outstanding Term Loans or Incremental Term Loans; provided that, (i)
	 1672
	  	 such refinancing Indebtedness, if secured, is secured only by the Collateral on a pari
passu or junior basis

	 1673
	  	 with the Obligations under this Agreement (provided that the
Permitted Term Loan Refinancing

	 1674
	  	 Indebtedness shall not consist of bank loans that are secured on a pari passu basis with
the Obligations

	 1675
	  	 under this Agreement), (ii) no Subsidiary that is not originally obligated with respect to
repayment of the

	 1676
	  	 Indebtedness being refinanced is obligated with respect to the refinancing Indebtedness,
(iii) the weighted

	 1677
	  	 average life to maturity of the refinancing Indebtedness shall be no shorter than the
remaining weighted

	 1678
	  	 average life to maturity of the Terms Loans being refinanced, (iv) the maturity date in
respect of the

	 1679
	  	 refinancing Indebtedness shall not be earlier than the maturity date in respect of the
Indebtedness being

	 1680
	  	 refinanced, (v) the principal amount of such refinancing Indebtedness does not exceed the
principal

	 1681
	  	 amount of the Indebtedness so refinanced except by an amount (such amount, the
“Additional Permitted

	 1682
	  	 Amount”) equal to unpaid accrued interest and premium thereon
at such time plus reasonable fees and

	 1683
	  	 expenses incurred in connection with such refinancing, (vi) the Indebtedness being so
refinanced is paid

	 1684
	  	 down on a dollar-for-dollar basis by such refinancing Indebtedness (other than by the
Additional

	 1685
	  	 Permitted Amount), (vii) the terms of any such refinancing Indebtedness (1) (excluding
pricing, fees and

	 1686
	  	 rate floors and optional prepayment or redemption terms and subject to clause (2) below)
reflect, in Parent

	 1687
	  	 Borrower’s reasonable judgment, then-existing market terms and conditions and (2)
(excluding pricing,

	 1688
	  	 fees and rate floors) are no more favorable to the lenders providing such refinancing
Indebtedness than

	 1689
	  	 those applicable to the Indebtedness being refinanced (in each case, including with
respect to mandatory

	 1690
	  	 and optional prepayments); provided that the foregoing shall not
apply to covenants or other provisions

	 1691
	  	 applicable only to periods after the Latest Maturity Date in effect immediately prior to
the establishment

	 1692
	  	 of such refinancing Indebtedness; provided
further that any such refinancing Indebtedness may contain,

	 1693
	  	 without any Lender’s consent, additional covenants or events of default not otherwise
applicable to the

	 1694
	  	 Indebtedness being refinanced or covenants more restrictive than the covenants applicable
to the

  
 -36- 

			
	 1695
	  	Indebtedness being refinanced, in each case prior to the Latest Maturity Date in effect immediately prior
	 1696
	  	to the establishment of such refinancing Indebtedness, so long as all Lenders receive the benefits of such
	 1697
	  	additional covenants, events of default or more restrictive covenants and (viii) such refinancing
	 1698
	  	Indebtedness, if secured, shall be subject to a customary intercreditor agreement in form and substance
	 1699
	  	reasonably satisfactory to the Administrative Agent.
		
	 1700
	  	 “Permitted Unsecured Debt” means any unsecured notes or bonds or other unsecured

	 1701
	  	debt securities; provided that (a) such Indebtedness shall not mature prior to the date that is 91 days after
	 1702
	  	the Latest Maturity Date in effect at the time of the issuance of such Indebtedness and shall not have any
	 1703
	  	principal payments due prior to such date, except upon the occurrence of a change of control or similar
	 1704
	  	event (including asset sales), in each case so long as the provisions relating to change of control or similar
	 1705
	  	events (including asset sales) included in the governing instrument of such Indebtedness provide that the
	 1706
	  	provisions of this Agreement must be satisfied prior to the satisfaction of such provisions of such
	 1707
	  	Indebtedness, (b) such Indebtedness is not Guaranteed by any Subsidiary of Holdings other than the Loan
	 1708
	  	Parties (which Guarantees shall be unsecured and shall be permitted only to the extent permitted by
	 1709
	  	Section 6.01(a)(vi)), (c) such Indebtedness shall not have any financial maintenance covenants, (d) such
	 1710
	  	Indebtedness shall not have a definition of “Change of Control” or “Change in Control” (or any other
	 1711
	  	defined term having a similar purpose) that is materially more restrictive than the definition of Change of
	 1712
	  	Control set forth herein and (e) such Indebtedness, if subordinated in right of payment to the Obligations,
	 1713
	  	shall be subject to subordination and intercreditor provisions that are, in the Administrative Agent’s
	 1714
	  	reasonable judgment, customary under then-existing market convention.
		
	 1715
	  	 “Person” means any natural person, corporation, limited liability company, trust, joint

	 1716
	  	 venture, association, company, partnership, Governmental Authority or other entity.

		
	 1717
	  	 “Plan” means any employee pension benefit plan (other than a Multiemployer Plan)

	 1718
	  	subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and
	 1719
	  	in respect of which the Parent Borrower or any ERISA Affiliate is (or, if such plan were terminated,
	 1720
	  	would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of
	 1721
	  	ERISA.
		
	 1722
	  	 “Pledge Agreement” means the Pledge Agreement, substantially in the form of Exhibit G,

	 1723
	  	 among Holdings, the Parent Borrower, the Subsidiary Loan Parties party thereto and the Collateral
Agent

	 1724
	  	 for the benefit of the Secured Parties.

		
	 1725
	  	 “Pounds Sterling” means the lawful currency of the United Kingdom.

		
	 1726
	  	 “Preferred Dividends” means any cash dividends of Holdings permitted hereunder paid

	 1727
	  	 with respect to preferred stock of Holdings.

		
	 1728
	  	 “Prepayment Event” means:

		
	 1729
	  	 (a) any sale, transfer or other disposition (including pursuant to a sale and leaseback

	 1730
	  	 transaction) of any property or asset of Holdings, the Parent Borrower or any Subsidiary,
other

	 1731
	  	 than dispositions described in clauses (a), (b), (c), (d), (f), (g) and (j) (but only to the extent
the

	 1732
	  	 sales, transfers or other dispositions under clause (j) do not exceed $50,000,000) of Section
6.05

	 1733
	  	 and Section 6.06(a); provided that an Acquisition Lease Financing shall not constitute
a

	 1734
	  	 Prepayment Event; or

		
	 1735
	  	 (b) any casualty or other insured damage to, or any taking under power of eminent

	 1736
	  	 domain or by condemnation or similar proceeding of, any property or asset of Holdings,
the

  
 -37- 

			
	 1737
	  	 Parent Borrower or any Subsidiary having a book value or fair market value in excess
of

	 1738
	  	 $1,000,000, but only to the extent that the Net Proceeds therefrom have not been applied
to

	 1739
	  	 repair, restore or replace such property or asset within 365 days after such event;
or

		
	 1740
	  	 (c) the incurrence by Holdings, the Parent Borrower or any Subsidiary of any

	 1741
	  	 Indebtedness, other than Indebtedness permitted by Section 6.01(a).

		
	 1742
	  	 “Prime Rate” means the rate of interest per annum publicly announced from time to
time

	 1743
	  	by JPMCB as its prime rate in effect at its principal office in New York City; each change in the Prime
	 1744
	  	Rate shall be effective from and including the date such change is publicly announced as being effective.
		
	 1745
	  	 “Principal Financial Center” means, with respect to any Foreign Currency, the
principal

	 1746
	  	financial center where such currency is cleared and settled, as determined by the Administrative Agent.
		
	 1747
	  	 “Qualified Holdings Preferred Stock” means any preferred capital stock or preferred

	 1748
	  	Equity Interest of Holdings (a)(i) that does not provide for any cash dividend payments or other cash
	 1749
	  	distributions in respect thereof prior to the Latest Maturity Date in effect as of the date of issuance of such
	 1750
	  	Indebtedness and (ii) that by its terms (or by the terms of any security into which it is convertible or for
	 1751
	  	which it is exchangeable or exercisable) or upon the happening of any event does not (A)(x) mature or
	 1752
	  	become mandatorily redeemable pursuant to a sinking fund obligation or otherwise, (y) become
	 1753
	  	convertible or exchangeable at the option of the holder thereof for Indebtedness or preferred stock that is
	 1754
	  	not Qualified Holdings Preferred Stock or (z) become redeemable at the option of the holder thereof
	 1755
	  	(other than as a result of a change of control event), in whole or in part, in each case on or prior to the date
	 1756
	  	that is 365 days after the Latest Maturity Date in effect at the time of the issuance thereof and (B) provide
	 1757
	  	holders thereunder with any rights upon the occurrence of a “change of control” event prior to the
	 1758
	  	repayment of the Obligations and termination of the Commitments under the Loan Documents, (b) with
	 1759
	  	respect to which Holdings has delivered a notice to the Administrative Agent that it has issued preferred
	 1760
	  	stock or preferred Equity Interest in lieu of incurring (x) Permitted Acquisition Subordination Notes or (y)
	 1761
	  	Indebtedness permitted by clause (xii) under Section 6.01(a)(xii), with such notice specifying to which of
	 1762
	  	such Indebtedness such preferred stock or preferred Equity Interest applies; provided that (i) the aggregate
	 1763
	  	liquidation value of all such preferred stock or preferred Equity Interest issued pursuant to this clause (b)
	 1764
	  	shall not exceed at any time the dollar limitation related to the applicable Indebtedness hereunder, less the
	 1765
	  	aggregate principal amount of such Indebtedness then outstanding and (ii) the terms of such preferred
	 1766
	  	stock or preferred Equity Interests (x) shall provide that upon a default thereof, the remedies of the
	 1767
	  	holders thereof shall be limited to the right to additional representation on the board of directors of
	 1768
	  	Holdings and (y) shall otherwise be no less favorable to the Lenders, in the aggregate, than the terms of
	 1769
	  	the applicable Indebtedness or (c) having an aggregate initial liquidation value not to exceed $25,000,000;
	 1770
	  	provided that the terms of such preferred stock or preferred Equity Interests shall provide that upon a
	 1771
	  	default thereof, the remedies of the holders thereof shall be limited to the right to additional representation
	 1772
	  	on the board of directors of Holdings.
		
	 1773
	  	 “Qualifying Lender” means:

		
	 1774
	  	 (a) a Revolving Lender (other than a Lender within clause (b) of the definition of

	 1775
	  	 Qualifying Lender) which is beneficially entitled to interest payable to that Lender in respect of

	 1776
	  	 an advance under a Loan Document and is:

		
	 1777
	  	 (i) a Lender:

  
 -38- 

			
	 1778
	  	 (A) that is a bank (as defined for the purpose of section 879 of the

	 1779
	  	 ITA) making an advance under a Loan Document and is within the charge to United

	 1780
	  	 Kingdom corporation tax as respects any payments of interest made in respect of
that

	 1781
	  	 advance or would be within such charge as respects such payments apart from
section

	 1782
	  	 18A of the CTA; or

		
	 1783
	  	 (B) in respect of an advance under a Loan Document by a person

	 1784
	  	 that was a bank (as defined for the purpose of section 879 of the ITA) at the time
that

	 1785
	  	 such advance under a Loan Document was made and within the charge to United

	 1786
	  	 Kingdom corporation tax as respects any payments of interest made in respect of
that

	 1787
	  	 advance; or

		
	 1788
	  	 (ii) a Lender which is:

		
	 1789
	  	 (A) a company resident in the United Kingdom for United

	 1790
	  	 Kingdom Tax purposes;

		
	 1791
	  	 (B) a partnership, each member of which is:

		
	 1792
	  	 (1) a company so resident in the United Kingdom; or

		
	 1793
	  	 (2) a company not so resident in the United Kingdom

	 1794
	  	 which carries on a trade in the United Kingdom through a permanent

	 1795
	  	 establishment and which brings into account in computing its

	 1796
	  	 chargeable profits (within the meaning of section 19 of the CTA) the

	 1797
	  	 whole of any share of interest payable in respect of that advance that

	 1798
	  	 falls to it by reason of Part 17 of the CTA; or

		
	 1799
	  	 (C) a company not so resident in the United Kingdom which

	 1800
	  	 carries on a trade in the United Kingdom through a permanent establishment and
which

	 1801
	  	 brings into account interest payable in respect of that advance in computing the

	 1802
	  	 chargeable profits (within the meaning of section 19 of the CTA) of that company;
or

		
	 1803
	  	 (iii) a Treaty Lender; or

		
	 1804
	  	 (b) a Revolving Lender that is a building society (as defined for the purposes of

	 1805
	  	 section 880 of the ITA) making an advance.

		
	 1806
	  	 “Quotation Day” means with respect to the determination of the Adjusted LIBO Rate for

	 1807
	  	any Interest Period for Eurocurrency Loans, the day on which quotations would ordinarily be given by
	 1808
	  	prime banks in the London interbank market for deposits in such currency for delivery on the first day of
	 1809
	  	such Interest Period for such Interest Period; provided, that if quotations would ordinarily be given on
	 1810
	  	more than one date, the Quotation Day for such Interest Period shall be the last of such dates. On the
	 1811
	  	Restatement Date, the Quotation Day in respect of any Interest Period (i) for dollars is customarily the
	 1812
	  	day which is two Business Days prior to the first day of such Interest Period, (ii) for Euros is customarily
	 1813
	  	the day which is two TARGET Days prior to the first day of such Interest Period and (iii) for Pounds
	 1814
	  	Sterling and Australian Dollars is customarily the day which is the first day of such Interest Period.

  
 -39- 

			
	 1815
	  	 “Receivables Fees” means distributions or payments made directly or by means of

	 1816
	  	 discounts with respect to any participation interests issued or sold in connection with, and
all other fees

	 1817
	  	 paid to a Person that is a Subsidiary in connection with, any Permitted Receivables Financing
or Specified

	 1818
	  	 Vendor Receivables Financing.

		
	 1819
	  	 “Receivables Purchase Agreement” means (a) the Amended and Restated Receivables

	 1820
	  	 Purchase Agreement dated as of December 29, 2009 among the Receivables Subsidiary, Holdings
and the

	 1821
	  	 Subsidiaries party thereto, related to the Permitted Receivables Financing, as may be
amended,

	 1822
	  	 supplemented or otherwise modified to the extent permitted by Section 6.11 and (b) any
agreement

	 1823
	  	 replacing such Receivables Purchase Agreement,; provided that
(subject to the proviso below) the

	 1824
	  	 aggregate amount of all receivables financings pursuant to the Receivables Purchase Agreement
shall not

	 1825
	  	 exceed $75,000,000 at any time outstanding; provided further that such replacing agreement
contains

	 1826
	  	 terms that are substantially similar to such Receivables Purchase Agreement and that are otherwise
no

	 1827
	  	 more adverse to the Lenders than the applicable terms of such Receivables Purchase
Agreement; provided 

	 1828
	  	further that the aggregate amount of all receivables financings pursuant to the Receivables Purchase
	 1829
	  	 Agreement shall not exceed $125,000,000 at any time outstanding.

		
	 1830
	  	 “Receivables Subsidiary” means TSPC, Inc., a Nevada corporation.

		
	 1831
	  	 “Receivables Transfer Agreement” means (a) the Receivables Transfer Agreement dated

	 1832
	  	 as of the December 29, 2009, among the Receivables Subsidiary, Holdings and the purchasers
party

	 1833
	  	 thereto, relating to the Permitted Receivables Financing, as may be amended, supplemented or
otherwise

	 1834
	  	 modified to the extent permitted by Section 6.11 and (b) any agreement replacing such
Receivables

	 1835
	  	 Transfer Agreement, provided that such replacing agreement contains terms that are substantially
similar

	 1836
	  	 to such Receivables Transfer Agreement and that are otherwise no more adverse to the Lenders than
the

	 1837
	  	 applicable terms of such Receivables Transfer Agreement.

		
	 1838
	  	 “Register” has the meaning assigned to such term in Section 10.04(c).

		
	 1839
	  	 “Regulation U” shall mean Regulation U of the Board as from time to time in effect and

	 1840
	  	 all official rulings and interpretations thereunder or thereof.

		
	 1841
	  	 “Regulation X” shall mean Regulation X of the Board as from time to time in effect and

	 1842
	  	 all official rulings and interpretations thereunder or thereof.

		
	 1843
	  	 “Related Parties” means, with respect to any specified Person, such Person’s
Affiliates

	 1844
	  	 and the respective directors, officers, employees, agents, trustees and advisors of such Person
and of such

	 1845
	  	 Person’s Affiliates.

		
	 1846
	  	 “Release” means any release, spill, emission, leaking, dumping, injection, pouring,

	 1847
	  	 deposit, disposal, discharge, dispersal, leaching or migration into or through the environment
(including

	 1848
	  	 ambient air, surface water, groundwater, land surface or subsurface strata) or within any
building,

	 1849
	  	 structure, facility or fixture.

		
	 1850
	  	 “Replaced Term Loans” has the meaning assigned to such term in Section
10.02(d).

		
	 1851
	  	 “Replaced Revolving Facility” has the meaning assigned to such term in Section

	 1852
	  	10.02(d).
		
	 1853
	  	 “Replacement Revolving Facility Amendment” means that certain Replacement

	 1854
	  	 Revolving Facility Amendment, dated as of June 30September 20,
20152017.

  
 -40- 

			
	 1855
	  	 “Replacement Revolving Facility” has the meaning assigned to such term in Section

	 1856
	  	10.02(d).
		
	 1857
	  	 “Replacement Term Loans” has the meaning assigned to such
term in Section 10.02(d).

		
	 1858
	  	 “Required Lenders” means, at any time, Lenders having Revolving Exposures, Term

	 1859
	  	Loans and unused Commitments representing more than 50% of the sum of the total Revolving
	 1860
	  	 Exposures, outstanding Term Loans and unused Commitments at such
time.

		
	 1861
	  	 “Reset Date” has the meaning assigned to such term in Section 2.25(a).

		
	 1862
	  	 “Restatement Date” means the date on which the conditions precedent set forth in Section

	 1863
	  	 4.04 have been satisfied, which date is June 30September 20,
20152017.

		
	 1864
	  	 “Restatement Date Dividend” has the meaning assigned to such
term in Section

	 1865
	  	6.01(a)(xxi).
		
	 1866
	  	 “Restricted Indebtedness” means Indebtedness of Holdings, the Parent Borrower or any

	 1867
	  	 Subsidiary, the payment, prepayment, redemption, repurchase or defeasance of which is restricted
under

	 1868
	  	 Section 6.08(b).

		
	 1869
	  	 “Restricted Payment” means any dividend or other distribution (whether in cash,

	 1870
	  	 securities or other property) with respect to any Equity Interests in Holdings, the Parent
Borrower or any

	 1871
	  	 Subsidiary (including the Receivables Subsidiary), or any payment (whether in cash, securities or
other

	 1872
	  	 property), including any sinking fund or similar deposit, on account of the purchase,
redemption,

	 1873
	  	 retirement, acquisition, cancelation or termination of any Equity Interests in Holdings, the
Parent

	 1874
	  	 Borrower or any Subsidiary (including the Receivables Subsidiary) or any option, warrant or other
right

	 1875
	  	 to acquire any such Equity Interests in Holdings, the Parent Borrower or any Subsidiary (including
the

	 1876
	  	 Receivables Subsidiary).

		
	 1877
	  	 “Retained Percentage” means, with respect to any Excess Cash
Flow Period, (a) 100%

	 1878
	  	minus (b) the ECF Percentage with respect to such Excess Cash Flow Period.
		
	 1879
	  	 “Revolving Availability Period” means the period from and including the Restatement

	 1880
	  	 Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of
the

	 1881
	  	 Revolving Commitments.

		
	 1882
	  	 “Revolving Commitment” means, with respect to each Revolving Lender, the

	 1883
	  	 commitment of such Revolving Lender to make Revolving Loans and to acquire participations in
Letters

	 1884
	  	 of Credit, Swingline Loans and Foreign Currency Loans hereunder, expressed as an amount
representing

	 1885
	  	 the maximum aggregate amount of such Revolving Lender’s Revolving Exposure hereunder, as
such

	 1886
	  	 commitment may be (a) reduced from time to time pursuant to Section 2.08, (b) reduced or
increased

	 1887
	  	 from time to time pursuant to assignments by or to such Lender pursuant to Section 10.04 and
(c)

	 1888
	  	 increased or assumed pursuant to an Incremental Facility Agreement. The amount of each
Revolving

	 1889
	  	 Lender’s Revolving Commitment as of the Restatement Date is set forth on Schedule 2.01 or in
the

	 1890
	  	 Assignment and Assumption or the Incremental Facility Agreement pursuant to which such
Revolving

	 1891
	  	 Lender shall have assumed its Revolving Commitment, as applicable. The initial aggregate amount of
the

	 1892
	  	 Lenders’ Revolving Commitments on the Restatement Date is
$500,000,000300,000,000.

		
	 1893
	  	 “Revolving Exposure” means, with respect to any Revolving Lender at any time, the sum

	 1894
	  	 of (a) the aggregate outstanding principal amount of Revolving Loans (other than Foreign
Currency

  
 -41- 

			
	 1895
	  	 Loans) held by such Lender, (b) the LC Exposure of such Lender, (c) the Swingline
Exposure of such

	 1896
	  	 Lender and (d) such Lender’s Applicable Percentage of the Dollar Equivalent of the
aggregate principal

	 1897
	  	 amount of Foreign Currency Loans outstanding at such time.

		
	 1898
	  	 “Revolving Lender” means a Lender with a Revolving Commitment or, if the Revolving

	 1899
	  	 Commitments have terminated or expired, a Lender with Revolving Exposure.

		
	 1900
	  	 “Revolving Lender Parent” means, with respect to any Revolving Lender, any Person in

	 1901
	  	 respect of which such Lender is a subsidiary.

		
	 1902
	  	 “Revolving Loan” means any Loan made by a Revolving Lender pursuant to Section

	 1903
	  	 2.01(a)(iii) or 2.01(a)(iv).

		
	 1904
	  	 “Revolving Maturity Date” means June 30September 20,
20202022.

		
	 1905
	  	 “RP Period” has the meaning assigned to such term in Section 6.08(a)(viii).

		
	 1906
	  	 “S&P” means Standard & Poor’s Financial Services LLC, or any successor
thereto.

		
	 1907
	  	 “Sanctioned Country” means, at any time, a country, region or territory which is itself
the

	 1908
	  	 subject or target of any Sanctions (as of the Restatement Date, the Crimea region of Ukraine,
Cuba, Iran,

	 1909
	  	 North Korea, Sudan and Syria).

		
	 1910
	  	 “Sanctioned Person” means, at any time, (a) any Person listed in any
Sanctions-related

	 1911
	  	 list of designated Persons maintained by the Office of Foreign Assets Control of the U.S.
Department of

	 1912
	  	 the Treasury, the U.S. Department of State, or by the United Nations Security Council, the
European

	 1913
	  	 Union or, any European Union member state, the United Kingdom or other
relevant sanctions authority,

	 1914
	  	 (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person
owned or

	 1915
	  	 controlled by any such Person or Persons described in the foregoing clauses (a) or
(b).

		
	 1916
	  	 “Sanctions” means economic or financial sanctions or trade embargoes imposed,

	 1917
	  	 administered or enforced from time to time by (a) the U.S. government, including those
administered by

	 1918
	  	 the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department
of

	 1919
	  	 State or (b) the United Nations Security Council, the European Union, any European Union
member state

	 1920
	  	or, Her Majesty’s Treasury of the United Kingdom or other relevant sanctions authority.
		
	 1921
	  	 “Screen Rate” has the meaning assigned to such term in the definition of “LIBO
Rate”.

		
	 1922
	  	 “Secured Parties” has the meaning assigned to such term in the Security Agreement.

		
	 1923
	  	 “Security Agreement” means the Security Agreement, substantially in the form of Exhibit

	 1924
	  	 H, among Holdings, the Parent Borrower, the Subsidiary Loan Parties party thereto and the
Collateral

	 1925
	  	 Agent for the benefit of the Secured Parties.

		
	 1926
	  	 “Security Documents” means the Security Agreement, the Pledge Agreement, the

	 1927
	  	 Mortgages, the Mortgage Amendments, the Guarantee Agreement, the Indemnity, Subrogation
and

	 1928
	  	 Contribution Agreement, each Foreign Security Document entered into pursuant to Section 2.20
and

	 1929
	  	 Section 4.03 and each other security agreement or other instrument or document executed and
delivered

	 1930
	  	 pursuant to Section 5.12 or 5.13 to secure any of the Obligations.

		
	 1931
	  	 “Senior Indebtedness” means Total Indebtedness less Subordinated Debt.

  
 -42- 

			
	 1932
	  	 “Senior Secured Indebtedness” means Senior Indebtedness that is secured by a Lien on

	 1933
	  	 any asset of Holdings, the Parent Borrower or any of its Subsidiaries.

		
	 1934
	  	 “Senior Secured Net Leverage Ratio” means, on any date, the ratio of (a) (i)
Senior

	 1935
	  	Secured Indebtedness as of such date less (ii) the aggregate amount (in excess of $10,000,000 (but not to
	 1936
	  	exceed $100,000,000) of domesticthe sum of (x) 100% of the unrestricted cash and domestic unrestricted
	 1937
	  	Permitted Investments of the Parent Borrower and its Domestic Subsidiaries as of such date and (y) 70%
	 1938
	  	of the unrestricted cash and unrestricted Permitted Investments of Foreign Subsidiaries as of such date to
	 1939
	  	(b) Consolidated EBITDA for the period of four consecutive fiscal quarters of Holdings ended on such
	 1940
	  	date (or, if such date is not the last day of a fiscal quarter, ended on the last day of the fiscal quarter of
	 1941
	  	Holdings most recently ended prior to such date for which financial statements are available).
		
	 1942
	  	 “Series” has the meaning assigned to such term in Section
2.21(b).

		
	 1943
	  	 “Significant Investment” means any acquisition by the Parent Borrower or a Subsidiary

	 1944
	  	 of more than 50% (but less than 100%) of the Equity Interests in a Person (such Person, the
“Subject

	 1945
	  	 Person”), so long as such acquisition is permitted by Section 6.04.

		
	 1946
	  	 “Specified Obligations” means Obligations consisting of the
principal and interest on

	 1947
	  	Loans, reimbursement obligations in respect of LC Disbursements and fees.
		
	 1948
	  	 “Similar Business” means any business (a) the majority of whose revenues are
derived

	 1949
	  	 from business or activities conducted by the Parent Borrower and its Subsidiaries on the
Restatement

	 1950
	  	 Date, (b) that is a natural outgrowth or reasonable extension, development, expansion of
any business or

	 1951
	  	 activities conducted by the Parent Borrower and its Subsidiaries on the Restatement Date or any
business

	 1952
	  	 similar, reasonably related, incidental, complementary or ancillary to any of the foregoing and
(c) any

	 1953
	  	 business that in the Parent Borrower’s good faith business judgment constitutes a
reasonable

	 1954
	  	 diversification of businesses conducted by the Parent Borrower and its
Subsidiaries.

		
	 1955
	  	 “Specified Time” means in respect of Loans denominated in
(a) Australian Dollars, 11:00 

	 1956
	  	a.m., Sydney time and (b) any currency other than Australian Dollars, 11:00 a.m., London time.
		
	 1957
	  	 “Specified Vendor Receivables Financing” means the sale by the Parent Borrower and

	 1958
	  	certain Subsidiaries (other than Foreign Subsidiaries) of accounts receivable to one or more financial
	 1959
	  	institutions pursuant to third-party financing agreements in transactions constituting “true sales”; provided
	 1960
	  	that the aggregate amount of all such receivables financings shall not exceed $75,000,000 at any time
	 1961
	  	outstanding.
		
	 1962
	  	 “Specified Vendor Receivables Financing Documents” means all documents and

	 1963
	  	agreements relating to Specified Vendor Receivables Financing.
		
	 1964
	  	 “Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of

	 1965
	  	 which is the number one and the denominator of which is the number one minus the aggregate of
the

	 1966
	  	 maximum reserve percentages (including any marginal, special, emergency or supplemental
reserves)

	 1967
	  	 expressed as a decimal established by the Board to which the Administrative Agent is subject with
respect

	 1968
	  	 to the Adjusted LIBO Rate, for eurocurrency funding (currently referred to as
“Eurocurrency Liabilities”

	 1969
	  	 in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to
such

	 1970
	  	 Regulation D. Eurocurrency Loans shall be deemed to constitute eurocurrency funding and to be
subject

	 1971
	  	 to such reserve requirements without benefit of or credit for proration, exemptions or offsets
that may be

	 1972
	  	 available from time to time to any Lender under any applicable law, rule or regulation. The
Statutory

  
 -43- 

			
	1973	  	 Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any
reserve

	1974	  	 percentage.

		
	1975	  	 “Subject Person” has the meaning assigned to such term in the definition of
“Significant

	1976	  	 Investment.”

		
	1977	  	 “Subordinated Debt” means any subordinated Indebtedness of Holdings, the Parent

	1978	  	 Borrower or any Subsidiary.

		
	1979	  	 “subsidiary” means, with respect to any Person (the “parent”) at any date,
any

	1980	  	 corporation, limited liability company, partnership, association or other entity the accounts of
which

	1981	  	 would be consolidated with those of the parent in the parent’s consolidated financial
statements if such

	1982	  	 financial statements were prepared in accordance with GAAP as of such date, as well as any
other

	1983	  	 corporation, limited liability company, partnership, association or other entity (a) of which
securities or

	1984	  	 other ownership interests representing more than 50% of the ordinary voting power or, in the case
of a

	1985	  	 partnership, more than 50% of the general partnership interests are, as of such date, owned,
controlled or

	1986	  	 held, or (b) that is, as of such date, otherwise Controlled, by the parent or one or more
subsidiaries of the

	1987	  	 parent or by the parent and one or more subsidiaries of the parent.

		
	1988	  	 “Subsidiary” means any subsidiary of the Parent Borrower or Holdings, as the context

	1989	  	 requires, including the Subsidiary Term Borrowers and the Foreign Subsidiary
Borrowers. Unless

	1990	  	 expressly otherwise provided, the term “Subsidiary” shall not include the
Receivables Subsidiary.

		
	1991	  	 “Subsidiary Loan Party” means (a) any Subsidiary that is not a Foreign Subsidiary
(other

	1992	  	 than (i) the Foreign Subsidiary Borrowers, (ii) any CFC, (iii) any CFC Holdco and
(iv) any U.S. Holdco)

	1993	  	 that executes the documents required by clause (a)(i) or (a)(ii), as applicable, of the Collateral
and

	1994	  	 Guarantee Requirement, and (b) any Subsidiary Term Borrower
and (c) any Foreign Subsidiary Borrower

	1995	  	 and any other Foreign Subsidiary that executes a guarantee agreement pursuant to paragraph
(c) of the

	1996	  	 Foreign Security Collateral and Guarantee Requirement.

		
	1997	  	 “Subsidiary Term Borrowers” means each direct or indirect
wholly owned domestic

	1998	  	subsidiary of the Parent Borrower listed on the signature page hereof.
		
	1999	  	 “Swap” means any agreement, contract, or transaction that constitutes a “swap”
within

	2000	  	 the meaning of section 1a(47) of the Commodity Exchange Act.

		
	2001	  	 “Swap Obligation” means, with respect to any person, any obligation to pay or perform

	2002	  	 under any Swap.

		
	2003	  	 “Swingline Exposure” means, at any time, the aggregate principal amount of all

	2004	  	 Swingline Loans outstanding at such time. The Swingline Exposure of any Revolving Lender at any
time

	2005	  	 shall be (a) its Applicable Percentage of the total Swingline Exposure at such time related
to Swingline

	2006	  	 Loans other than any Swingline Loans made by such Lender in its capacity as a Swingline Lender and
(b)

	2007	  	 if such Lender shall be a Swingline Lender, the principal amount of all Swingline Loans made by
such

	2008	  	 Lender outstanding at such time (to the extent that the other Revolving Lenders shall not have
funded

	2009	  	 their participations in such Swingline Loans).

		
	2010	  	 “Swingline Lender” means either JPMCB, in its capacity as lender of Swingline Loans

	2011	  	 hereunder, Comerica Bank, in its capacity as lender of Swingline Loans hereunder,
or any additional

	2012	  	 Swingline Lender designated pursuant to Section 10.02(d), as the case may be. References
herein and in

  
 -44- 

			
	 2013
	  	 the other Loan Documents to the Swingline Lender shall be deemed to refer to the Swingline Lender
in

	 2014
	  	 respect of the applicable Swingline Loan or to all Swingline Lenders, as the context
requires.

		
	 2015
	  	 “Swingline Loan” means a Loan made pursuant to Section 2.04.

		
	 2016
	  	 “Syndication Agents” means the Co-Syndication
Agents identified on the cover page of 

	 2017
	  	 this Agreement. 

		
	 2018
	  	 “Synthetic Purchase Agreement” means any swap, derivative or other agreement or

	 2019
	  	 combination of agreements pursuant to which Holdings, the Parent Borrower or a Subsidiary is or
may

	 2020
	  	 become obligated to make (i) any payment (other than in the form of Equity Interests in
Holdings) in

	 2021
	  	 connection with a purchase by a third party from a Person other than Holdings, the Parent Borrower
or a

	 2022
	  	 Subsidiary of any Equity Interest or Restricted Indebtedness or (ii) any payment (other than
on account of

	 2023
	  	 a permitted purchase by it of any Equity Interest or any Restricted Indebtedness) the amount of
which is

	 2024
	  	 determined by reference to the price or value at any time of any Equity Interest or
Restricted

	 2025
	  	 Indebtedness; provided that phantom stock or similar plans providing for payments only to
current or

	 2026
	  	 former directors, officers, consultants, advisors or employees of Holdings, the Parent Borrower or
the

	 2027
	  	 Subsidiaries (or to their heirs or estates) shall not be deemed to be Synthetic Purchase
Agreements.

		
	 2028
	  	 “TARGET Day” means any day on which (i) TARGET2 is open for settlement of

	 2029
	  	 payments in Euro and (ii) banks are open for dealings in deposits in Euro in the London
interbank market.

		
	 2030
	  	 “TARGET2” means the Trans-European Automated Real-time Gross Settlement Express

	 2031
	  	 Transfer payment system which utilizes a single shared platform and which was launched on
November

	 2032
	  	 19, 2007.

		
	 2033
	  	 “Tax Confirmation” means a confirmation by a Lender that the person beneficially

	 2034
	  	 entitled to interest payable to that Lender in respect of an advance under a Loan Document is
either:

		
	 2035
	  	 (a) a company resident in the United Kingdom for United Kingdom Tax purposes; or

		
	 2036
	  	 (b) a partnership each member of which is:

		
	 2037
	  	 (i) a company so resident in the United Kingdom; or

		
	 2038
	  	 (ii) a company not so resident in the United Kingdom which carries on a

	 2039
	  	 trade in the United Kingdom through a permanent establishment and which brings into

	 2040
	  	 account in computing its chargeable profits (within the meaning of section 19 of the

	 2041
	  	 CTA) the whole of any share of interest payable in respect of that advance that falls to
it

	 2042
	  	 by reason of Part 17 of the CTA; or

		
	 2043
	  	 (c) a company not so resident in the United Kingdom which carries on a trade in the

	 2044
	  	 United Kingdom through a permanent establishment and which brings into account
interest

	 2045
	  	 payable in respect of that advance in computing the chargeable profits (within the meaning
of

	 2046
	  	 section 19 of the CTA) of that company.

		
	 2047
	  	 “Taxes” means any and all present or future taxes (of any nature whatsoever), levies,

	 2048
	  	 imposts, duties, deductions, charges or withholdings (including backup withholding) imposed
by any

	 2049
	  	 Governmental Authority, including any interest, additions to tax or penalties applicable
thereto.

  
 -45- 

			
		
	 2050
	  	 “Term Borrowers” means the Parent Borrower and the
Subsidiary Term Borrowers.

		
	 2051
	  	 “Term Commitment” means a Tranche A Term Commitment or an
Incremental Term

	 2052
	  	 Commitment of any Series.

		
	 2053
	  	 “Term Lender” means a Lender with outstanding Term Loans or
a Term Commitment.

		
	 2054
	  	 “Term Loan” means a Tranche A Term Loan or an Incremental
Term Loan of any Series.

		
	 2055
	  	 “Term Loan Obligations” has the meaning assigned to such
term in Section 10.15(a).

		
	 2056
	  	 “Total Indebtedness” means, as of any date, the sum of, without duplication,
(a) the

	 2057
	  	 aggregate principal amount of Indebtedness of Holdings, the Parent Borrower and the
Subsidiaries

	 2058
	  	 outstanding as of such date, in the amount that would be reflected on a balance sheet prepared as
of such

	 2059
	  	 date on a consolidated basis in accordance with GAAP, plus (b) the aggregate “Net
Investment” as

	 2060
	  	 defined in Annex A to the Receivables Transfer Agreement, plus (c) the aggregate principal
amount of

	 2061
	  	 Indebtedness of Holdings, the Parent Borrower and the Subsidiaries outstanding as of such date
that is not

	 2062
	  	 required to be reflected on a balance sheet in accordance with GAAP, determined on a consolidated
basis;

	 2063
	  	 provided that, for purposes of clause (c) above, the term “Indebtedness”
shall not include (i) contingent

	 2064
	  	 obligations of Holdings, the Parent Borrower or any Subsidiary as an account party in respect of
any letter

	 2065
	  	 of credit or letter of guaranty unless, without duplication, such letter of credit or letter of
guaranty

	 2066
	  	 supports an obligation that constitutes Indebtedness and (ii) Indebtedness described in
Section 6.01(a)(xi).

		
	 2067
	  	 “Total Net Leverage Ratio” means, on any date, the ratio of (a) (i) Total
Indebtedness as 

	 2068
	  	 of such date less (ii) the aggregate amount in excess of
$10,000,000 (but not to exceed $100,000,000) of 

	 2069
	  	 the sum of (x) 100% of the unrestricted cash and unrestricted Permitted Investments of the
Parent 

	 2070
	  	 Borrower and its Domestic Subsidiaries as of such date and (y) 70% of the unrestricted cash and

	 2071
	  	 unrestricted Permitted Investments of Foreign Subsidiaries as of such date to
(b) Consolidated EBITDA 

	 2072
	  	 for the period of four consecutive fiscal quarters of Holdings ended on such date (or, if such
date is not 

	 2073
	  	 the last day of a fiscal quarter, ended on the last day of the fiscal quarter of Holdings most
recently ended 

	 2074
	  	 prior to such date for which financial statements are available). 

		
	 2075
	  	 “Tranche A Maturity Date” means June 30,
2020.

		
	 2076
	  	 “Tranche A Term Commitment” means, with respect to each
Lender, the commitment, if

	 2077
	  	 any, of such Lender to make a Tranche A Term Loan hereunder on the Restatement Date,
expressed as an

	 2078
	  	 amount representing the maximum principal amount of the Tranche A Term Loan to be made by
such

	 2079
	  	 Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to
Section 2.08

	 2080
	  	 and (b) reduced or increased from time to time pursuant to assignments by or to such
Lender pursuant to

	 2081
	  	 Section 10.04. The amount of each Lender’s Tranche A Term Commitment on the
Restatement Date is

	 2082
	  	 the amount of its “New Term Loan Commitment” as defined in the Replacement
Facility Amendment.

	 2083
	  	 The initial aggregate amount of the Lenders’ Tranche A Term Commitments on the
Restatement Date is

	 2084
	  	 $275,000,000.

		
	 2085
	  	 “Tranche A Term Lender” means a Lender with a Tranche A Term
Commitment or an

	 2086
	  	 outstanding Tranche A Term Loan.

		
	 2087
	  	 “Tranche A Term Loan” means a Loan made pursuant to Section
2.01(a)(i).

		
	 2088
	  	 “Transactions” means, collectively, (a) the execution and delivery of the
Replacement

	 2089
	  	 Revolving Facility Amendment and the amendment of the Existing Credit Agreement effected
thereby,

  
 -46- 

			
	 2090
	  	 (b) the borrowing ofrepayment in full of the Existing Term Loans
in an aggregate principal amount of 

	 2091
	  	 $275,000,000 and, (c) the establishment of revolving commitments in an
aggregate amount of

	 2092
	  	 $500,000,000300,000,000 hereunder and (cd) the
payment of the fees and expenses payable in connection

	 2093
	  	 with the foregoing.

		
	 2094
	  	 “Treaty” has the meaning assigned to such term in the definition of Treaty State.

		
	 2095
	  	 “Treaty Lender” means a Revolving Lender which:

		
	 2096
	  	 (a) is treated as a resident of a Treaty State for the purposes of the Treaty;

		
	 2097
	  	 (b) does not carry on a business in the United Kingdom through a permanent

	 2098
	  	 establishment with which that Lender’s participation in any advance is effectively connected;
and

		
	 2099
	  	 (c) meets all of the conditions in the Treaty that relate to the Lender for full

	 2100
	  	 exemption from Taxes imposed by the United Kingdom on interest, subject to the completion
of

	 2101
	  	 procedural formalities.

		
	 2102
	  	 “Treaty State” means a jurisdiction having a double taxation agreement (a
“Treaty”)

	 2103
	  	 with the United Kingdom which makes provision for full exemption from Tax imposed by the
United

	 2104
	  	 Kingdom on interest.

		
	 2105
	  	 “Type,” when used in reference to any Loan or Borrowing, refers to whether the rate of

	 2106
	  	 interest on such Loan, or on the Loans comprising such Borrowing, is determined by reference to
the

	 2107
	  	 Adjusted LIBO Rate or the Alternate Base Rate.

		
	 2108
	  	 “UCP” means, with respect to any Letter of Credit, the Uniform Customs and Practice for

	 2109
	  	 Documentary Credits, International Chamber of Commerce Publication No. 600 (or such later
version

	 2110
	  	 thereof as may be in effect at the time of issuance).

		
	 2111
	  	 “UK Borrower” means a Foreign Subsidiary Borrower which is incorporated in or

	 2112
	  	 otherwise organized under the laws of England and Wales or which is resident for Tax purposes
in

	 2113
	  	 England and Wales.

		
	 2114
	  	 “UK Loan” means any Loan or other extension of credit (including any Letter of Credit)

	 2115
	  	 made to a UK Borrower by a Revolving Lender.

		
	 2116
	  	 “UK Tax Deduction” has the meaning assigned to such term in Section 2.17(k).

		
	 2117
	  	 “U.S. Holdco” means any existing or future Domestic Subsidiary the Equity Interests of

	 2118
	  	 which are held solely by Foreign Subsidiaries; provided that such existing or newly formed
Subsidiary

	 2119
	  	 shall not engage in any business or own any assets other than the ownership of Equity Interests in
Foreign

	 2120
	  	 Subsidiaries and intercompany obligations that are otherwise permitted hereunder.

		
	 2121
	  	 “U.S. Obligations” means any Obligations owing by the Parent Borrower and any

	 2122
	  	 Subsidiary Term Borrower.

		
	 2123
	  	 “U.S. Person” means a “United States person” within the meaning of
Section 7701(a)(30)

	 2124
	  	 of the Code.

  
 -47- 

			
		
	 2125
	  	 “U.S. Tax Certificate” has the meaning assigned to such term in
Section 2.17(f)(i)(D)(2).

		
	 2126
	  	 “Weighted Average Yield” means, as to any Indebtedness, the yield thereof (as

	 2127
	  	 determined in the reasonable discretion of the Administrative Agent as described below and
consistent

	 2128
	  	 with generally accepted financial practices), whether in the form of interest rate, margin,
original issue

	 2129
	  	 discount, upfront fees, a LIBO Rate or Alternate Base Rate floor (with such increased amount
being

	 2130
	  	 equated to interest margins for purposes of determining any increase to the Applicable Rate),
or

	 2131
	  	 otherwise; provided that original issue discount and upfront fees shall be equated to
interest rate assuming

	 2132
	  	 a 4-year life to maturity (or, if less, the stated life to
maturity at the time of incurrence of the applicable

	 2133
	  	 Indebtedness); provided, further, that “Weighted Average Yield”
shall not include arrangement fees,

	 2134
	  	 structuring fees or underwriting or similar fees not generally paid to lenders in connection with
such

	 2135
	  	 Indebtedness.

		
	 2136
	  	 “Withdrawal Liability” means liability to a Multiemployer Plan as a result of a complete

	 2137
	  	 or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of
Subtitle E of

	 2138
	  	 Title IV of ERISA.

		
	 2139
	  	 “Write-Down and Conversion Powers” means, with respect to any EEA Resolution 

	 2140
	  	 Authority, the write-down and conversion powers of such EEA Resolution Authority from time to
time

	 2141
	  	 under the Bail-In Legislation for the applicable EEA
Member Country, which write-down and conversion

	 2142
	  	 powers are described in the EU Bail-In Legislation
Schedule. 

		
	 2143
	  	 SECTION 1.02 Classification of Loans and Borrowings. For purposes of this

	 2144
	  	 Agreement, Loans may be classified and referred to by Class (e.g., a
“Revolving Loan” or a “Tranche A 

	 2145
	  	 Term Loan”) or by Type (e.g., a “Eurocurrency Loan”) or by Class and
Type (e.g., a “Eurocurrency

	 2146
	  	 Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a
“Revolving 

	 2147
	  	 Borrowing” or a “Tranche A Term Borrowing”) or by Type (e.g., a
“Eurocurrency Borrowing”) or by

	 2148
	  	 Class and Type (e.g., a “Eurocurrency Revolving
Borrowing”).

		
	 2149
	  	 SECTION 1.03 Terms Generally. The definitions of terms herein shall apply equally

	 2150
	  	 to the singular and plural forms of the terms defined. Whenever the context may require, any
pronoun

	 2151
	  	 shall include the corresponding masculine, feminine and neuter forms. The words
“include,” “includes”

	 2152
	  	 and “including” shall be deemed to be followed by the phrase “without
limitation.” The word “will” shall

	 2153
	  	 be construed to have the same meaning and effect as the word “shall.” Unless the context
requires

	 2154
	  	 otherwise (a) any definition of or reference to any agreement, instrument or other document
herein shall

	 2155
	  	 be construed as referring to such agreement, instrument or other document as from time to time
amended,

	 2156
	  	 supplemented or otherwise modified (subject to any restrictions on such amendments, supplements
or

	 2157
	  	 modifications set forth herein), (b) any reference herein to any Person shall be construed to
include such

	 2158
	  	 Person’s successors and assigns, (c) the words “herein,” “hereof”
and “hereunder,” and words of similar

	 2159
	  	 import, shall be construed to refer to this Agreement in its entirety and not to any particular
provision

	 2160
	  	 hereof, (d) all references herein to Articles, Sections, Exhibits and Schedules shall be
construed to refer to

	 2161
	  	 Articles and Sections of, and Exhibits and Schedules to, this Agreement; and (e) the words
“asset” and

	 2162
	  	 “property” shall be construed to have the same meaning and effect and to refer to any
and all tangible and

	 2163
	  	 intangible assets and properties, including cash, securities, accounts and contract
rights.

		
	 2164
	  	 SECTION 1.04 Accounting Terms; GAAP. Except as otherwise expressly provided

	 2165
	  	 herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP,
as in

	 2166
	  	 effect from time to time; provided that if the Parent Borrower notifies the Administrative
Agent that the

	 2167
	  	 Parent Borrower requests an amendment to any provision hereof to eliminate the effect of any
change

	 2168
	  	 occurring after the Restatement Date in GAAP or in the application thereof on the operation of
such

  
 -48- 

			
	 2169
	  	 provision (or if the Administrative Agent notifies the Parent Borrower that the Required Lenders
request

	 2170
	  	 an amendment to any provision hereof for such purpose), regardless of whether any such notice is
given

	 2171
	  	 before or after such change in GAAP or in the application thereof, then such provision shall be
interpreted

	 2172
	  	 on the basis of GAAP as in effect and applied immediately before such change shall have
become

	 2173
	  	 effective until such notice shall have been withdrawn or such provision amended in accordance
herewith.

	 2174
	  	 Notwithstanding any other provision contained herein, all terms of an accounting or financial
nature used

	 2175
	  	 herein shall be construed, and all computations of amounts and ratios referred to herein shall be
made,

	 2176
	  	 without giving effect to (i) any election under Accounting Standards Codification 825-10-25 (previously

	 2177
	  	 referred to as Statement of Financial Accounting Standards 159) (or any other Accounting
Standards

	 2178
	  	 Codification or Financial Accounting Standard having a similar result or effect) to value any
Indebtedness

	 2179
	  	 or other liabilities of Holdings, the Parent Borrower or any Subsidiary at “fair value,”
as defined therein

	 2180
	  	 and (ii) any treatment of Indebtedness in respect of convertible debt instruments under
Accounting

	 2181
	  	 Standards Codification 470-20 (or any other Accounting
Standards Codification or Financial Accounting

	 2182
	  	 Standard having a similar result or effect) to value any such Indebtedness in a reduced or
bifurcated

	 2183
	  	 manner as described therein, and such Indebtedness shall at all times be valued at the full stated
principal

	 2184
	  	 amount thereof.

		
	 2185
	  	 SECTION 1.05 Limited Conditionality Acquisition. For purposes of (i) determining

	 2186
	  	 compliance with any provision of this Agreement or any other Loan Document which requires the

	 2187
	  	 calculation of the Leverage Ratio, the Total Net Leverage Ratio or the Senior Secured Net
Leverage 

	 2188
	  	 Ratio, (ii) determining compliance with representations, warranties, Defaults or
Events of Default or (iii) 

	 2189
	  	 testing availability under baskets set forth in this Agreement or any other Loan Document
(including 

	 2190
	  	 baskets measured as a percentage of Consolidated Total Assets or otherwise), in each case, in
connection 

	 2191
	  	 with a Limited Conditionality Acquisition, at the option of the Parent Borrower (the Parent
Borrower’s 

	 2192
	  	 election to exercise such option in connection with any Limited Conditionality Acquisition, an
“LCT 

	 2193
	  	 Election”), the date of determination of whether any such action is
permitted under this Agreement and 

	 2194
	  	 the other Loan Documents shall be deemed to be the date the Limited Conditionality Acquisition

	 2195
	  	 Agreement is entered into (or, with respect to the incurrence of Indebtedness, at the option of
the Parent 

	 2196
	  	 Borrower, the date of the Limited Conditionality Acquisition for which the proceeds will be
used) (the 

	 2197
	  	 “LCT Test Date”), and if, after giving effect on a pro forma
basis to the Limited Conditionality 

	 2198
	  	 Acquisition and the other transactions to be entered into in connection therewith as if they
had occurred at 

	 2199
	  	 the beginning of the four most recently ended consecutive fiscal quarters of the Parent
Borrower, the 

	 2200
	  	 Parent Borrower could have taken such action on the relevant LCT Test Date in compliance with
such 

	 2201
	  	 representation, warranty, ratio or basket, such representation, warranty, ratio or basket shall
be deemed to 

	 2202
	  	 have been complied with. For the avoidance of doubt, if the Parent Borrower has made an LCT
Election 

	 2203
	  	 and any of the ratios or baskets for which compliance was determined or tested as of the LCT
Test Date 

	 2204
	  	 are exceeded as a result of fluctuations in any such ratio or basket (including due to
fluctuations in 

	 2205
	  	 Consolidated Total Assets of the Parent Borrower) at or prior to the consummation of the
relevant 

	 2206
	  	 transaction or action, such baskets or ratios will not be deemed to have been exceeded as a
result of such

	 2207
	  	 fluctuations. If the Parent Borrower has made an LCT Election for any Limited Conditionality

	 2208
	  	 Acquisition, then in connection with any subsequent calculation of ratios or baskets on or
following the 

	 2209
	  	 relevant LCT Test Date and prior to the earlier of (i) the date on which such
Limited Conditionality 

	 2210
	  	 Acquisition is consummated or (ii) the date that the applicable Limited
Conditionality Acquisition 

	 2211
	  	 Agreement is terminated or expires without consummation of such Limited Conditionality
Acquisition, 

	 2212
	  	 any such ratio or basket shall be calculated (a) on a pro forma basis assuming such
Limited Conditionality 

	 2213
	  	 Acquisition and other transactions in connection therewith (including any incurrence of
Indebtedness and 

	 2214
	  	 the use of proceeds thereof) have been consummated and (b) in the case of any such
ratio or basket 

	 2215
	  	 related to Restricted Payments or prepayments of Indebtedness, calculated both pursuant to
clause (a) 

	 2216
	  	 above and without giving effect to such Limited Conditionality Acquisition and other
transactions in 

	 2217
	  	 connection therewith, with the calculation resulting in the most restrictive calculation (e.g.,
the highest 

  
 -49- 

			
	 2218
	  	 Leverage Ratio) being the determinative calculation. Notwithstanding the foregoing, the amount
of any 

	 2219
	  	 Incremental Commitments that may be incurred under clause (B) to the proviso of
Section 2.21(a), 

	 2220
	  	 determined at the time of signing of definitive documentation with respect to, or giving of
notice with 

	 2221
	  	 respect to, a Limited Conditionality Acquisition, may be recalculated, at the option of the
Parent 

	 2222
	  	 Borrower, at the time of funding. 

		
	 2223
	  	 SECTION 1.06 Ratio Calculations; Negative Covenant Classifications. (a) With 

	 2224
	  	 respect to any amounts incurred or transactions entered into (or consummated) in reliance on a
provision 

	 2225
	  	 of any Loan Document that does not require compliance with a financial ratio or test (including
the 

	 2226
	  	 Leverage Ratio, the Total Net Leverage Ratio and/or the Senior Secured Net Leverage Ratio,
whether or 

	 2227
	  	 not specifically required to be determined on a pro forma basis) (any such amounts (which will
include 

	 2228
	  	 any related “grower” component, the
“Fixed Amounts”) substantially concurrently with any amounts 

	 2229
	  	 incurred or transactions entered into (or consummated) in reliance on a provision of such Loan
Document 

	 2230
	  	 that requires compliance with a financial ratio or test (including the Leverage Ratio, the
Total Net 

	 2231
	  	 Leverage Ratio and/or the Senior Secured Net Leverage Ratio, whether or not specifically
required to be 

	 2232
	  	 determined on a pro forma basis) (any such amounts, the “Incurrence-Based
Amounts”), it is understood

	 2233
	  	 and agreed that the Fixed Amounts shall be disregarded in the calculation of the financial
ratio or test 

	 2234
	  	 applicable to such Incurrence-Based Amounts. For the avoidance of doubt, all Indebtedness and
Liens

	 2235
	  	 substantially contemporaneously incurred will be included for purposes of determining
compliance with 

	 2236
	  	 incurrence-based ratio tests outside of the debt and liens covenants.

		
	 2237
	  	 (b) If the Parent Borrower or its Subsidiaries enters into any revolving, delayed draw 

	 2238
	  	 or other committed debt facility, the Parent Borrower may elect to determine compliance of such
debt 

	 2239
	  	 facility with the Indebtedness and Liens covenants of this Agreement on the date definitive
loan 

	 2240
	  	 documents with respect thereto are executed by all parties thereto, assuming the full amount of
such 

	 2241
	  	 facility is incurred (and any applicable Liens are granted) on such date, in lieu of
determining such 

	 2242
	  	 compliance on any subsequent date (including any date on which Indebtedness is incurred
pursuant to 

	 2243
	  	 such facility); provided that the full amount of such facility (and any applicable Liens that
are granted in 

	 2244
	  	 respect thereof) shall be deemed to be outstanding for all purposes of subsequent testings of
the same 

	 2245
	  	 baskets or exceptions (it being understood that any subsequent permanent reduction of
outstanding 

	 2246
	  	 amounts (or, without duplication, committed amounts) in respect of such facility shall
correspondingly 

	 2247
	  	 reduce the amount of such facility (and, if applicable, Liens) deemed outstanding.

		
	 2248
	  	 (c) Notwithstanding anything in this Agreement or any other Loan Document to the 

	 2249
	  	 contrary, any action or event permitted by this Agreement or the other Loan Documents need not
be 

	 2250
	  	 permitted solely by reference to one provision permitting such action or event but may be
permitted in 

	 2251
	  	 part by one such provision and in part by one or more other provisions of this Agreement and
the other 

	 2252
	  	 Loan Documents. 

		
	 2253
	  	ARTICLE II
	 2254
	  	
	 2255
	  	The Credits
		
	 2256
	  	 SECTION 2.01 Commitments.

		
	 2257
	  	 (a) Subject to the terms and conditions set forth herein, (i) each Tranche A Term

	 2258
	  	Lender agrees to make a Tranche A Term Loan to the Parent Borrower on the Restatement Date in a
	 2259
	  	principal amount not exceeding its Tranche A Term Commitment, (ii) each Revolving Lender agrees to
	 2260
	  	 make Revolving Loans in dollars to the Parent Borrower and the Foreign Subsidiary Borrowers, as
the

	 2261
	  	 case may be, from time to time during the Revolving Availability Period in an aggregate principal
amount

  
 -50- 

			
	 2262
	  	 at any one time outstanding that, when added (after giving effect to any application of proceeds
of such

	 2263
	  	 Revolving Loans to repay outstanding Swingline Loans) to such Lender’s Revolving Exposure at
such

	 2264
	  	 time, does not exceed such Lender’s Revolving Commitment, and (iiiii)
each Foreign Currency Lender

	 2265
	  	 agrees, with respect to any Foreign Currency Loan in a Foreign Currency for which it is designated
a

	 2266
	  	 Foreign Currency Lender, to make Foreign Currency Loans to the Parent Borrower or the
Foreign

	 2267
	  	 Subsidiary Borrowers, as the case may be, from time to time during the Revolving Availability
Period;

	 2268
	  	 provided that after giving effect to the requested Foreign Currency Loan (and after giving
effect to any

	 2269
	  	 application of proceeds of such Foreign Currency Loan pursuant to Section 2.04), (x) the
Foreign

	 2270
	  	 Currency Revolving Exposure of all Revolving Lenders does not exceed the Foreign Currency
Sublimit,

	 2271
	  	 (y) such Lender’s Revolving Exposure at such time does not exceed the amount of such
Lender’s

	 2272
	  	 Revolving Commitment and (z) the total Revolving Exposure at such time does not exceed the
total

	 2273
	  	 Revolving Commitments.

		
	 2274
	  	 (b) Within the foregoing limits and subject to the terms and conditions set forth

	 2275
	  	 herein, the Parent Borrower and the Foreign Subsidiary Borrowers, as the case may be, may
borrow,

	 2276
	  	 prepay and reborrow Revolving Loans. Amounts repaid or prepaid in respect of Term Loans
may not be 

	 2277
	  	reborrowed.
		
	 2278
	  	 SECTION 2.02 Loans and Borrowings.

		
	 2279
	  	 (a) Each Loan (other than a Swingline Loan or a Foreign Currency Loan) shall be

	 2280
	  	 made as part of a Borrowing consisting of Loans of the same
Class and Type made by the Lenders ratably

	 2281
	  	 in accordance with their respective Commitments of the applicable Class. The
failure of any Lender to

	 2282
	  	 make any Loan required to be made by it shall not relieve any other Lender of its obligations
hereunder;

	 2283
	  	 provided that the Commitments of the Lenders are several and no Lender shall be responsible
for any

	 2284
	  	 other Lender’s failure to make Loans as required.

		
	 2285
	  	 (b) Each Foreign Currency Loan shall be made as part of a Borrowing consisting of

	 2286
	  	 Foreign Currency Loans denominated in the same Foreign Currency made by the applicable
Foreign

	 2287
	  	 Currency Lenders. With respect to any Borrowing of Foreign Currency Loans, the Foreign
Currency

	 2288
	  	 Loan of each applicable Foreign Currency Lender (other than the Fronting Lender) shall be in an
amount

	 2289
	  	 equal to its Applicable Percentage of such Borrowing and the Foreign Currency Loan of the
Fronting

	 2290
	  	 Lender shall be in an amount equal to the aggregate amount of such Borrowing less the amount of
the

	 2291
	  	 Foreign Currency Loans being made by other applicable Foreign Currency Lenders and comprising
part

	 2292
	  	 of such Borrowing.

		
	 2293
	  	 (c) Subject to Section 2.14, each Loan (other than a Swingline Loan or a Foreign

	 2294
	  	 Currency Loan) shall be comprised entirely of ABR Loans or Eurocurrency Loans as the Parent
Borrower

	 2295
	  	 may request in accordance herewith. Each Swingline Loan shall be an ABR Loan and each
Foreign

	 2296
	  	 Currency Loan shall be a Eurocurrency Loan. Each Lender at its option may make any Loan or
other

	 2297
	  	 extension of credit hereunder by causing any domestic or foreign branch or Affiliate of such
Lender to

	 2298
	  	 make such Loan or other extension of credit; provided that any exercise of such option
shall not affect the

	 2299
	  	 obligation of the Parent Borrower, a Subsidiary Term Borrower or a Foreign
Subsidiary Borrower, as the

	 2300
	  	 case may be, to repay such Loan in accordance with the terms of this Agreement.

		
	 2301
	  	 (d) At the commencement of each Interest Period for any Eurocurrency Borrowing

	 2302
	  	 in dollars, such Borrowing shall be in an aggregate amount that is an integral multiple of
$1,000,000 and

	 2303
	  	 not less than $1,000,000; provided that a Eurocurrency Revolving Borrowing may be in an
aggregate

	 2304
	  	 amount that is equal to the amount that is required to finance the reimbursement of an LC
Disbursement

	 2305
	  	 made in respect of a Letter of Credit denominated in dollars for which a Foreign Subsidiary
Borrower is

  
 -51- 

			
	 2306
	  	 the applicant or a co-applicant, as contemplated by
Section 2.05(e). At the time that each ABR Revolving

	 2307
	  	 Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple
of

	 2308
	  	 $500,000 and not less than $1,000,000; provided that (i) an ABR Revolving Borrowing
may be in an

	 2309
	  	 aggregate amount that is equal to the entire unused balance of the total Revolving Commitments and
(ii)

	 2310
	  	 an ABR Revolving Borrowing may be in an aggregate amount that is equal to the amount that is
required

	 2311
	  	 to finance the reimbursement of an LC Disbursement made in respect of a Letter of Credit
denominated in

	 2312
	  	 dollars for which the Parent Borrower is the applicant or a
co-applicant, as contemplated by Section

	 2313
	  	 2.05(e). Each Borrowing of Foreign Currency Loans in a particular Foreign Currency shall be in
a

	 2314
	  	 minimum amount as set forth on the Administrative Schedule; provided that a Borrowing of
Foreign

	 2315
	  	 Currency Loans may be in an aggregate amount that is equal to the amount that is required to
finance the

	 2316
	  	 reimbursement of an LC Disbursement made in respect of a Letter of Credit denominated in an
LC

	 2317
	  	 Foreign Currency, as contemplated by Section 2.05(e). Each Swingline Loan shall be in an
amount that is

	 2318
	  	 an integral multiple of $250,000 and not less than $250,000. Borrowings of more than one Type
and 

	 2319
	  	Class may be outstanding at the same time; provided that there shall not at any time be more than a total
	 2320
	  	 of 12 Eurocurrency Borrowings in dollars outstanding. There shall be no more than six Borrowings
of

	 2321
	  	 Foreign Currency Loans outstanding at any time.

		
	 2322
	  	 (e) Notwithstanding any other provision of this Agreement, none of the Parent

	 2323
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower shall
be entitled to

	 2324
	  	 request, or to elect to convert or continue, any Borrowing if the Interest Period requested with
respect

	 2325
	  	 thereto would end after the Maturity Date applicable thereto.

		
	 2326
	  	 SECTION 2.03 Requests for Borrowings.

		
	 2327
	  	 (a) To request a Tranche A Term Borrowing or Revolving Borrowing (other than a

	 2328
	  	 Borrowing of a Foreign Currency Loan), the Parent Borrower shall notify the Administrative Agent
of

	 2329
	  	 such request by telephone (i) in the case of a Eurocurrency Borrowing, not later than 12:00
noon, New

	 2330
	  	 York City time, three Business Days before the date of the proposed Borrowing or (ii) in the
case of an

	 2331
	  	 ABR Borrowing, not later than 12:00 noon, New York City time, one Business Day before the date of
the

	 2332
	  	 proposed Borrowing; provided that any such notice of an ABR Revolving Borrowing to finance
the

	 2333
	  	 reimbursement of an LC Disbursement as contemplated by Section 2.05(e) may be given not later
than

	 2334
	  	 10:00 a.m., New York City time, on the date of the proposed Borrowing. Each such
telephonic

	 2335
	  	 Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or
telecopy to

	 2336
	  	 the Administrative Agent of a written Borrowing Request signed by the Parent Borrower. Each
such

	 2337
	  	 telephonic and written Borrowing Request shall specify the following information in compliance
with

	 2338
	  	 Section 2.02:

		
	 2339
	  	 (i) whether the requested Borrowing is to be a Tranche A Term Borrowing, an

	 2340
	  	 Incremental Term Borrowing of a particular Series or a Revolving
Borrowing;

		
	 2341
	  	 (i) [reserved]; 

		
	 2342
	  	 (ii) the aggregate amount of such Borrowing;

		
	 2343
	  	 (iii) the date of such Borrowing, which shall be a Business Day;

		
	 2344
	  	 (iv) whether such Borrowing is to be an ABR Borrowing or a Eurocurrency

	 2345
	  	 Borrowing;

  
 -52- 

			
		
	 2346
	  	 (v) in the case of a Eurocurrency Borrowing, the initial Interest Period to be

	 2347
	  	 applicable thereto, which shall be a period contemplated by the definition of the term
“Interest

	 2348
	  	 Period”; and

		
	 2349
	  	 (vi) the location and number of the Parent Borrower’s or the applicable Foreign

	 2350
	  	 Subsidiary Borrower’s, as the case may be, account to which funds are to be disbursed,
which

	 2351
	  	 shall comply with the requirements of Section 2.06.

		
	 2352
	  	If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR
	 2353
	  	 Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency
Borrowing, then

	 2354
	  	 the Parent Borrower shall be deemed to have selected an Interest Period of one month’s
duration.

	 2355
	  	 Promptly following receipt of a Borrowing Request in accordance with this Section 2.03(a),
the

	 2356
	  	 Administrative Agent shall advise each Lender of the details thereof and of the amount of such
Lender’s

	 2357
	  	 Loan to be made as part of the requested Borrowing.

		
	 2358
	  	 (b) To request a Foreign Currency Loan, the Parent Borrower shall notify the

	 2359
	  	 Foreign Currency Agent of such request, not later than 12:00 noon, Local Time, four Business Days
prior

	 2360
	  	 to the date of the proposed Borrowing. Each such Borrowing Request shall be irrevocable and shall
be

	 2361
	  	 hand delivered or sent by telecopy to the Foreign Currency Agent and such Borrowing Request shall
be

	 2362
	  	 signed by the Parent Borrower. Each such written Borrowing Request shall specify the
following

	 2363
	  	 information in compliance with Section 2.02:

		
	 2364
	  	 (i) the amount of Foreign Currency Loans to be borrowed;

		
	 2365
	  	 (ii) the date of such Borrowing, which shall be a Business Day;

		
	 2366
	  	 (iii) the Foreign Currency in which such Foreign Currency Loans will be

	 2367
	  	 denominated;

		
	 2368
	  	 (iv) the length of the initial Interest Period therefor; and

		
	 2369
	  	 (v) the location and number of the Parent Borrower’s or the applicable Foreign

	 2370
	  	 Subsidiary Borrower’s, as the case may be, account to which funds are to be disbursed,
which

	 2371
	  	 shall comply with the requirements of Section 2.06.

		
	 2372
	  	If no Interest Period is specified with respect to any requested Borrowing of Foreign Currency Loans,
	 2373
	  	 then the Parent Borrower shall be deemed to have selected an Interest Period of three months’
duration.

	 2374
	  	 Promptly following receipt of a Borrowing Request in accordance with this Section 2.03(b),
the

	 2375
	  	 Administrative Agent shall advise each applicable Foreign Currency Lender of the details thereof
and of

	 2376
	  	 the amount of such Lender’s Loan to be made as part of the requested Borrowing. On the date
of each

	 2377
	  	 Borrowing, each applicable Foreign Currency Lender will make the amount of its share of
such

	 2378
	  	 Borrowing available to the Foreign Currency Agent at the applicable office specified on
the

	 2379
	  	 Administrative Schedule, prior to the time specified on the Administrative Schedule for the
relevant

	 2380
	  	 Foreign Currency, in the relevant Foreign Currency in immediately available funds.

		
	 2381
	  	 SECTION 2.04 Swingline Loans.

		
	 2382
	  	 (a) Subject to the terms and conditions set forth herein, from time to time during the

	 2383
	  	 Revolving Availability Period, each Swingline Lender may, in its sole discretion, make Swingline
Loans

	 2384
	  	 in dollars to the Parent Borrower in an aggregate principal amount at any time outstanding that
will not

	 2385
	  	 result in (i) the Revolving Exposure of such Swingline Lender (in its capacity as a Revolving
Lender)

  
 -53- 

			
	 2386
	  	 exceeding its Revolving Commitment then in effect, (ii) the aggregate principal amount of
outstanding

	 2387
	  	 Swingline Loans exceeding $47,500,00040,000,000 or (iii) the sum of
the total Revolving Exposures

	 2388
	  	 exceeding the total Revolving Commitments; provided that no Swingline Lender shall be
required to

	 2389
	  	 make a Swingline Loan to refinance an outstanding Swingline Loan. On the earlier of the
Revolving

	 2390
	  	 Maturity Date and the last day of each month during the Revolving Availability Period, the
Parent

	 2391
	  	 Borrower shall repay any outstanding Swingline Loans. Within the foregoing limits and subject to
the

	 2392
	  	 terms and conditions set forth herein, the Parent Borrower may borrow, prepay and reborrow
Swingline

	 2393
	  	 Loans.

		
	 2394
	  	 (b) To request a Swingline Loan, the Parent Borrower shall notify the Administrative

	 2395
	  	 Agent and the applicable Swingline Lender of such request by telephone (confirmed by telecopy),
not

	 2396
	  	 later than 12:00 noon1:00 p.m., New York City time, on the day of a
proposed Swingline Loan. Each

	 2397
	  	 such notice shall be irrevocable and shall specify the requested date (which shall be a Business
Day) and

	 2398
	  	 the amount of the requested Swingline Loan. If the applicable Swingline Lender agrees, in its
discretion

	 2399
	  	 to make the applicable Swingline Loan, such Swingline Lender shall make such Swingline Loan
available

	 2400
	  	 to the Parent Borrower by means of a credit to the general deposit account of the Parent Borrower
with

	 2401
	  	 such Swingline Lender (or, in the case of a Swingline Loan made to finance the reimbursement of an
LC

	 2402
	  	 Disbursement as provided in Section 2.05(e), by remittance to the Issuing Bank) by 3:00 p.m.,
New York

	 2403
	  	 City time, on the requested date of such Swingline Loan. The Parent Borrower shall not request
a

	 2404
	  	 Swingline Loan if at the time of and immediately after giving effect to such request a Default
has

	 2405
	  	 occurred and is continuing.

		
	 2406
	  	 (c) [Reserved].

		
	 2407
	  	 (d) Any Swingline Lender may by written notice given to the Administrative Agent

	 2408
	  	 not later than 12:00 noon, New York City time, on any Business Day require the Revolving Lenders
to

	 2409
	  	 acquire participations on such Business Day in all or a portion of its Swingline Loans
outstanding. Such

	 2410
	  	 notice shall specify the aggregate amount of Swingline Loans in which Revolving Lenders
will

	 2411
	  	 participate. Promptly upon receipt of such notice, the Administrative Agent will give notice
thereof to

	 2412
	  	 each Revolving Lender, specifying in such notice such Lender’s Applicable Percentage of such
Swingline

	 2413
	  	 Loan or Loans. Each Revolving Lender hereby absolutely and unconditionally agrees, upon receipt
of

	 2414
	  	 notice as provided above, to pay to the Administrative Agent, for the account of the applicable
Swingline

	 2415
	  	 Lender, such Lender’s Applicable Percentage of such Swingline Loan or Loans. Each Revolving
Lender

	 2416
	  	 acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant
to this

	 2417
	  	 paragraph is absolute and unconditional and shall not be affected by any circumstance
whatsoever,

	 2418
	  	 including the occurrence and continuance of a Default or reduction or termination of the
Revolving

	 2419
	  	 Commitments, and that each such payment shall be made without any offset, abatement, withholding
or

	 2420
	  	 reduction whatsoever (provided that such payment shall not cause such Revolving Lender’s
Revolving

	 2421
	  	 Exposure to exceed such Revolving Lender’s Revolving Commitment). Each Revolving Lender
shall

	 2422
	  	 comply with its obligation under this paragraph by wire transfer of immediately available funds,
in the

	 2423
	  	 same manner as provided in Section 2.06 with respect to Loans made by such Lender (and
Section 2.06

	 2424
	  	 shall apply, mutatis mutandis, to the payment obligations of the Revolving Lenders),
and the

	 2425
	  	 Administrative Agent shall promptly pay to the applicable Swingline Lender the amounts so received
by

	 2426
	  	 it from the Revolving Lenders. The Administrative Agent shall notify the Parent Borrower of
any

	 2427
	  	 participations in any Swingline Loan of a Swingline Lender acquired pursuant to this paragraph,
and

	 2428
	  	 thereafter payments in respect of such Swingline Loan shall be made to the Administrative Agent
and not

	 2429
	  	 to such Swingline Lender. Any amounts received by any Swingline Lender from the Parent Borrower
(or

	 2430
	  	 other party on behalf of the Parent Borrower) in respect of a Swingline Loan after receipt by
such

	 2431
	  	 Swingline Lender of the proceeds of a sale of participations therein shall be promptly remitted to
the

	 2432
	  	 Administrative Agent; any such amounts received by the Administrative Agent shall be promptly
remitted

  
 -54- 

			
	2433	  	by the Administrative Agent to the Revolving Lenders that shall have made their payments pursuant to
	2434	  	this paragraph and to such Swingline Lender, as their interests may appear. The purchase of
	2435	  	participations in a Swingline Loan pursuant to this paragraph shall not constitute a Loan and shall not
	2436	  	relieve the Parent Borrower of its obligation to repay such Swingline Loan or of any default in the
	2437	  	payment thereof.
		
	2438	  	 (e) If the maturity date shall have occurred in respect of any tranche of Revolving

	2439	  	Commitments at a time when another tranche or tranches of Revolving Commitments is or are in effect
	2440	  	with a longer maturity date, then on the earliest occurring maturity date all then outstanding Swingline
	2441	  	Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such
	2442	  	Swingline Loans as a result of the occurrence of such maturity date); provided, however, that if on the
	2443	  	occurrence of such earliest maturity date (after giving effect to any repayments of Revolving Loans and
	2444	  	any reallocation of Letter of Credit participations as contemplated in Section 2.05(k)), there shall exist
	2445	  	sufficient unutilized Extended Revolving Commitments so that the respective outstanding Swingline
	2446	  	Loans could be incurred pursuant to the Extended Revolving Commitments that will remain in effect after
	2447	  	the occurrence of such maturity date, then there shall be an automatic adjustment on such date of the
	2448	  	participations in such Swingline Loans and same shall be deemed to have been incurred solely pursuant to
	2449	  	the relevant Extended Revolving Commitments, and such Swingline Loans shall not be so required to be
	2450	  	repaid in full on such earliest maturity date.
		
	2451	  	 SECTION 2.05 Letters of Credit.

		
	2452	  	 (a) General. Subject to the terms and conditions set forth herein, the Parent

	2453	  	Borrower may request the issuance of Letters of Credit for its own account or the account of a Subsidiary
	2454	  	or any Foreign Subsidiary Borrower may request the issuance of Letters of Credit for its own account or
	2455	  	the account of a Subsidiary of such Foreign Subsidiary Borrower, in each case in a form reasonably
	2456	  	acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to time during
	2457	  	the Revolving Availability Period (provided that the Parent Borrower or a Foreign Subsidiary Borrower,
	2458	  	as the case may be, shall be a co-applicant with respect to each Letter of Credit issued for the account of
	2459	  	or in favor of a Subsidiary that is not a Foreign Subsidiary Borrower). In the event of any inconsistency
	2460	  	between the terms and conditions of this Agreement and the terms and conditions of any form of letter of
	2461	  	credit application or other agreement submitted by the Parent Borrower or any Foreign Subsidiary
	2462	  	Borrower, as the case may be, to, or entered into by the Parent Borrower or any Foreign Subsidiary
	2463	  	Borrower, as the case may be, with, the Issuing Bank relating to any Letter of Credit, the terms and
	2464	  	conditions of this Agreement shall control. For the avoidance of doubt, the Existing Letters of Credit
	2465	  	shall continue to be Letters of Credit outstanding under this Agreement immediately after giving effect to
	2466	  	the Restatement Date.
		
	2467	  	 (b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To

	2468	  	request the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding
	2469	  	Letter of Credit), the Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be,
	2470	  	shall hand deliver or telecopy (or transmit by electronic communication, if arrangements for doing so
	2471	  	have been approved by the Issuing Bank) to the Issuing Bank and the Administrative Agent (reasonably
	2472	  	in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the
	2473	  	issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and
	2474	  	specifying (i) the date of issuance, amendment, renewal or extension (which shall be a Business Day), (ii)
	2475	  	the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) of this
	2476	  	Section) (iii) the currency in which such Letter of Credit is to be denominated (which currency shall be
	2477	  	dollars or an LC Foreign Currency), (iv) the amount of such Letter of Credit, (v) the name and address of
	2478	  	the beneficiary thereof and (vi) such other information as shall be necessary to prepare, amend, renew or

  
 -55- 

			
	 2479
	  	extend such Letter of Credit. If requested by the Issuing Bank, the Parent Borrower or the applicable
	 2480
	  	Foreign Subsidiary Borrower, as the case may be, also shall submit a letter of credit application on the
	 2481
	  	Issuing Bank’s standard form in connection with any request for a Letter of Credit. A Letter of Credit
	 2482
	  	shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or
	 2483
	  	extension of each Letter of Credit the Parent Borrower or the applicable Foreign Subsidiary Borrower, as
	 2484
	  	the case may be, shall be deemed to represent and warrant that), after giving effect to such issuance,
	 2485
	  	amendment, renewal or extension (i) the LC Exposure shall not exceed the LC Sublimit, (ii) the total
	 2486
	  	Revolving Exposures shall not exceed the total Revolving Commitments and (iii) if such Letter of Credit
	 2487
	  	is to be denominated in an LC Foreign Currency, the Foreign Currency Revolving Exposure of all
	 2488
	  	Revolving Lenders does not exceed the Foreign Currency Sublimit. Notwithstanding anything herein to
	 2489
	  	the contrary, Bank of America, N.A., in its capacity as an Issuing Bank, shall not be required to issue any
	 2490
	  	Letter of Credit denominated in an LC Foreign Currency, and no Issuing Bank shall be required to issue,
	 2491
	  	amend, renew or extend any Letter of Credit if, (i) after giving effect to such issuance, amendment,
	 2492
	  	renewal or extension the LC Exposure in respect of Letters of Credit issued by such Issuing Bank would
	 2493
	  	exceed $13,333,33315,000,000, (ii) any order, judgment or decree of any Governmental Authority or
	 2494
	  	arbitrator shall by its terms purport to enjoin or restrain the Issuing Bank from issuing the Letter of Credit,
	 2495
	  	(iii) any law applicable to the Issuing Bank or any request or directive (whether or not having the force of
	 2496
	  	law) from any Governmental Authority with jurisdiction over the Issuing Bank shall (x) prohibit, or
	 2497
	  	request that the Issuing Bank refrain from, the issuance of letters of credit generally or the Letter of Credit
	 2498
	  	in particular, (y) impose upon the Issuing Bank with respect to the Letter of Credit any restriction, reserve
	 2499
	  	or capital requirement not in effect on the Restatement Date and for which the Parent Borrower or any
	 2500
	  	applicable Foreign Subsidiary Borrower is not otherwise required to compensate the Issuing Bank
	 2501
	  	hereunder, or (z) impose upon the Issuing Bank any loss, cost or expense which was not applicable on the
	 2502
	  	Restatement Date, which the Issuing Bank in good faith deems material to it and which the Parent
	 2503
	  	Borrower or any applicable Foreign Subsidiary Borrower is not otherwise required to reimburse the
	 2504
	  	Issuing Bank hereunder, or (iv) the issuance of the Letter of Credit would violate one or more policies of
	 2505
	  	the Issuing Bank applicable to letters of credit generally.
		
	 2506
	  	 (c) Expiration Date. Each Letter of Credit shall expire at or prior to the close of

	 2507
	  	business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in
	 2508
	  	the case of any renewal or extension thereof, one year after such renewal or extension) and (ii) the date
	 2509
	  	that is five Business Days prior to the Revolving Maturity Date (or, at any time that there are any
	 2510
	  	Extended Revolving Commitments outstanding, the date that is five Business Days prior to the latest
	 2511
	  	maturity date in respect of such Extended Revolving Commitments).
		
	 2512
	  	 (d) Participations. By the issuance of a Letter of Credit (or an amendment to a Letter

	 2513
	  	of Credit increasing the amount thereof) and without any further action on the part of the Issuing Bank or
	 2514
	  	the Lenders, the Issuing Bank hereby grants to each Revolving Lender, and each Revolving Lender
	 2515
	  	hereby acquires from the Issuing Bank, a participation in such Letter of Credit equal to such Revolving
	 2516
	  	Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of
	 2517
	  	Credit. In consideration and in furtherance of the foregoing, each Revolving Lender hereby absolutely
	 2518
	  	and unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such
	 2519
	  	Revolving Lender’s Applicable Percentage of each LC Disbursement (including the Dollar Equivalent of
	 2520
	  	any LC Disbursement made in an LC Foreign Currency) made by the Issuing Bank and not reimbursed by
	 2521
	  	the Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, on the date due
	 2522
	  	as provided in paragraph (e) of this Section, or of any reimbursement payment in respect of an LC
	 2523
	  	Disbursement (including the Dollar Equivalent of any LC Disbursement made in an LC Foreign
	 2524
	  	Currency) required to be refunded to the Parent Borrower or the applicable Foreign Subsidiary Borrower,
	 2525
	  	as the case may be, for any reason. Each Revolving Lender acknowledges and agrees that its obligation
	 2526
	  	to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and

  
 -56- 

			
	 2527
	  	unconditional and shall not be affected by any circumstance whatsoever, including any amendment,
	 2528
	  	renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction
	 2529
	  	or termination of its Revolving Commitment or all Revolving Commitments, and that each such payment
	 2530
	  	shall be made without any offset, abatement, withholding or reduction whatsoever.
		
	 2531
	  	 (e) Reimbursement. If the Issuing Bank shall make any LC Disbursement in respect

	 2532
	  	of a Letter of Credit, the Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may
	 2533
	  	be, shall reimburse such LC Disbursement by paying to the Administrative Agent, in the same currency as
	 2534
	  	such LC Disbursement, an amount equal to such LC Disbursement, not later than 12:00 noon, New York
	 2535
	  	City time, on the Business Day immediately following the date that such LC Disbursement is made, if the
	 2536
	  	Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, shall have received
	 2537
	  	notice of such LC Disbursement prior to 10:00 a3:00 p.m., New York City time or London time, on such
	 2538
	  	date, or, if such notice has not been received by the Parent Borrower or the applicable Foreign Subsidiary
	 2539
	  	Borrower, as the case may be, prior to such time on such date, then not later than 12:00 noon, New York
	 2540
	  	City time or London time, on the second Business Day immediately following the day that the Parent
	 2541
	  	Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, receives such notice;
	 2542
	  	provided that (i) in the case of any such payment in respect of an LC Disbursement made in dollars, (A)
	 2543
	  	the Parent Borrower may, subject to the conditions to borrowing set forth herein, request in accordance
	 2544
	  	with Section 2.03 or 2.04 that such payment be financed with an ABR Borrowing in an equivalent amount
	 2545
	  	and, to the extent so financed, the Parent Borrower’s obligation to make such payment shall be discharged
	 2546
	  	and replaced by the resulting ABR Revolving Loans or Swingline Loan and (B) such Foreign Subsidiary
	 2547
	  	Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section
	 2548
	  	2.03 that such payment be financed with a Eurocurrency Revolving Borrowing in an equivalent amount
	 2549
	  	and, to the extent so financed, such Foreign Subsidiary Borrower’s obligation to make such payment in
	 2550
	  	respect of any LC Disbursement shall be discharged and replaced by the resulting Eurocurrency
	 2551
	  	Revolving Loans and (ii) in the case of any such payment in respect of an LC Disbursement made in an
	 2552
	  	LC Foreign Currency, the Parent Borrower or such Foreign Subsidiary Borrower, as the case may be,
	 2553
	  	may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.03 that
	 2554
	  	such payment be financed with a Borrowing of Foreign Currency Loans in the same currency and in an
	 2555
	  	equivalent amount and, to the extent so financed, the obligation of the Parent Borrower or such Foreign
	 2556
	  	Subsidiary Borrower, as the case may be, to make such payment shall be discharged and replaced by the
	 2557
	  	resulting Foreign Currency Loans. If the Parent Borrower or the applicable Foreign Subsidiary Borrower,
	 2558
	  	as the case may be, fails to make such payment when due, the Administrative Agent shall notify each
	 2559
	  	Revolving Lender of the applicable LC Disbursement, the payment then due from the Parent Borrower or
	 2560
	  	the applicable Foreign Subsidiary Borrower, as the case may be, in respect thereof and such Lender’s
	 2561
	  	Applicable Percentage thereof; provided that, notwithstanding anything to the contrary contained in this
	 2562
	  	Section 2.05, prior to demanding any reimbursement from the Revolving Lenders pursuant to this Section
	 2563
	  	2.05(e) in respect of any Letter of Credit denominated in an LC Foreign Currency, the Issuing Bank shall
	 2564
	  	convert the obligations of the Parent Borrower or applicable Foreign Subsidiary Borrower, as the case
	 2565
	  	may be, under this Section 2.05(e) to reimburse the Issuing Bank in such currency into an obligation to
	 2566
	  	reimburse the Issuing Bank in dollars and the dollar amount of the reimbursement obligation of the Parent
	 2567
	  	Borrower or applicable Foreign Subsidiary Borrower, as the case may be, shall be computed by the
	 2568
	  	Issuing Bank based upon the Exchange Rate in effect for the day on which such conversion occurs, as
	 2569
	  	determined by the Administrative Agent in accordance with the terms hereof and specified in such notice
	 2570
	  	to the Revolving Lenders demanding reimbursement; provided, further, that after such conversion, the
	 2571
	  	reimbursement obligations of the Parent Borrower or applicable Foreign Subsidiary Borrower, as the case
	 2572
	  	may be, in respect of the applicable Letter of Credit denominated in an LC Foreign Currency shall be
	 2573
	  	payable in dollars based upon the Exchange Rate in effect for the day on which such conversion occurs,
	 2574
	  	as determined in accordance with the terms hereof. Promptly following receipt of such notice, each
	 2575
	  	Lender shall pay to the Administrative Agent its Applicable Percentage of the unreimbursed LC

  
 -57- 

			
	 2576
	  	Disbursement in the same manner as provided in Section 2.06 with respect to Loans made by such Lender
	 2577
	  	(and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Revolving Lenders),
	 2578
	  	and the Administrative Agent shall promptly pay to the Issuing Bank the amounts so received by it from
	 2579
	  	the Revolving Lenders. Promptly following receipt by the Administrative Agent of any payment from the
	 2580
	  	Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, pursuant to this
	 2581
	  	paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent
	 2582
	  	that Revolving Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank,
	 2583
	  	then distribute such payment to such Lenders and the Issuing Bank as their interests may appear. Any
	 2584
	  	payment made by a Revolving Lender pursuant to this paragraph to reimburse the Issuing Bank for any
	 2585
	  	LC Disbursement (other than the funding of ABR Revolving Loans, Eurocurrency Revolving Loans,
	 2586
	  	Foreign Currency Loans or a Swingline Loan as contemplated above) shall not constitute a Loan and shall
	 2587
	  	not relieve the Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, of its
	 2588
	  	obligation to reimburse such LC Disbursement.
		
	 2589
	  	 (f) Obligations Absolute. The obligation of the Parent Borrower or any Foreign

	 2590
	  	Subsidiary Borrower to reimburse LC Disbursements as provided in paragraph (e) of this Section shall be
	 2591
	  	absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of
	 2592
	  	this Agreement under any and all circumstances whatsoever and irrespective of (i) any lack of validity or
	 2593
	  	enforceability of any Letter of Credit or this Agreement, or any term or provision therein or herein, (ii)
	 2594
	  	any draft or other document presented under a Letter of Credit proving to be forged, fraudulent or invalid
	 2595
	  	in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the
	 2596
	  	Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not
	 2597
	  	comply with the terms of such Letter of Credit (including honor of a demand for payment presented
	 2598
	  	electronically even if such Letter of Credit requires that demand be in the form of a draft), (iv) waiver by
	 2599
	  	the Issuing Bank of any requirement that exists for the Issuing Bank’s protection and not the protection of
	 2600
	  	the Parent Borrower or any applicable Foreign Subsidiary Borrower, or any waiver by the Issuing Bank
	 2601
	  	which does not in fact materially prejudice the Parent Borrower or any applicable Foreign Subsidiary
	 2602
	  	Borrower, (v) any payment made by the Issuing Bank in respect of an otherwise complying item
	 2603
	  	presented after the date specified as the expiration date of, or the date by which documents must be
	 2604
	  	received under, such Letter of Credit if presentation after such date is authorized by the UCC, the ISP or
	 2605
	  	the UCP, as applicable, or (vi) any other event or circumstance whatsoever, whether or not similar to any
	 2606
	  	of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable discharge
	 2607
	  	of, or provide a right of setoff against, the obligations of the Parent Borrower or any Foreign Subsidiary
	 2608
	  	Borrower hereunder. The Parent Borrower or any applicable Foreign Subsidiary Borrower shall promptly
	 2609
	  	examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in the
	 2610
	  	event of any claim of noncompliance with the Parent Borrower’s or such applicable Foreign Subsidiary
	 2611
	  	Borrower’s instructions or other irregularity, the Parent Borrower or such Foreign Subsidiary Borrower,
	 2612
	  	as applicable, will immediately notify the Issuing Bank. The Parent Borrower and any applicable Foreign
	 2613
	  	Subsidiary Borrower shall be conclusively deemed to have waived any such claim against the Issuing
	 2614
	  	Bank and its correspondents unless such notice is given as aforesaid. None of the Administrative Agent,
	 2615
	  	the Lenders or the Issuing Bank, or any of their Related Parties, shall have any liability or responsibility
	 2616
	  	by reason of or in connection with the issuance or transfer of any Letter of Credit or any payment or
	 2617
	  	failure to make any payment thereunder (irrespective of any of the circumstances referred to in the
	 2618
	  	preceding sentence), or any error, omission, interruption, loss or delay in transmission or delivery of any
	 2619
	  	draft, notice or other communication under or relating to any Letter of Credit (including any document
	 2620
	  	required to make a drawing thereunder), any error in interpretation of technical terms or any consequence
	 2621
	  	arising from causes beyond the control of the Issuing Bank; provided that the foregoing shall not be
	 2622
	  	construed to excuse the Issuing Bank from liability to the Parent Borrower or any applicable Foreign
	 2623
	  	Subsidiary Borrower, as the case may be, to the extent of any direct damages (as opposed to
	 2624
	  	consequential damages, claims in respect of which are hereby waived by the Parent Borrower or any

  
 -58- 

			
	 2625
	  	applicable Foreign Subsidiary Borrower, as the case may be, to the extent permitted by applicable law)
	 2626
	  	suffered by the Parent Borrower or any applicable Foreign Subsidiary Borrower, as the case may be, that
	 2627
	  	are caused by the Issuing Bank’s failure to exercise care when determining whether drafts and other
	 2628
	  	documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly
	 2629
	  	agree that, in the absence of gross negligence or willful misconduct on the part of the Issuing Bank (as
	 2630
	  	finally determined by a court of competent jurisdiction), the Issuing Bank shall be deemed to have
	 2631
	  	exercised care in each such determination. In furtherance of the foregoing and without limiting the
	 2632
	  	generality thereof, the parties agree that, with respect to documents presented which appear on their face
	 2633
	  	to be in substantial compliance with the terms of a Letter of Credit, the Issuing Bank may, in its sole
	 2634
	  	discretion, either accept and make payment upon such documents without responsibility for further
	 2635
	  	investigation, regardless of any notice or information to the contrary, or refuse to accept and make
	 2636
	  	payment upon such documents if such documents are not in strict compliance with the terms of such
	 2637
	  	Letter of Credit.
		
	 2638
	  	 (g) Disbursement Procedures. The Issuing Bank shall, promptly following its receipt

	 2639
	  	thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit.
	 2640
	  	The Issuing Bank shall promptly notify the Administrative Agent and the Parent Borrower or any
	 2641
	  	applicable Foreign Subsidiary Borrower, as the case may be, by telephone (confirmed by telecopy) of
	 2642
	  	such demand for payment and whether the Issuing Bank has made or will make an LC Disbursement
	 2643
	  	thereunder; provided that any failure to give or delay in giving such notice shall not (i) relieve the Parent
	 2644
	  	Borrower or any applicable Foreign Subsidiary Borrower, as the case may be, of its obligation to
	 2645
	  	reimburse the Issuing Bank and the Lenders with respect to any such LC Disbursement (other than with
	 2646
	  	respect to the timing of such reimbursement obligation set forth in Section 2.05(e)) or (ii) relieve any
	 2647
	  	Lender’s obligations to acquire participations as required pursuant to paragraph (d) of this Section 2.05.
		
	 2648
	  	 (h) Interim Interest. If the Issuing Bank shall make any LC Disbursement (i) in

	 2649
	  	respect of any Letter of Credit denominated in dollars, then, unless the Parent Borrower or any applicable
	 2650
	  	Foreign Subsidiary Borrower, as the case may be, shall reimburse such LC Disbursement in full on the
	 2651
	  	date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and
	 2652
	  	including the date such LC Disbursement is made to but excluding the date that the Parent Borrower or
	 2653
	  	any applicable Foreign Subsidiary Borrower, as the case may be, reimburses such LC Disbursement, at
	 2654
	  	the rate per annum then applicable to ABR Revolving Loans and (ii) in respect of any Letter of Credit
	 2655
	  	denominated in an LC Foreign Currency, then, unless the Parent Borrower or any applicable Foreign
	 2656
	  	Subsidiary Borrower, as the case may be, shall reimburse such LC Disbursement in full on the date such
	 2657
	  	LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including
	 2658
	  	the date such LC Disbursement is made to but excluding the date that the Parent Borrower or any
	 2659
	  	applicable Foreign Subsidiary Borrower, as the case may be, reimburses such LC Disbursement, at the
	 2660
	  	rate per annum then applicable to Foreign Currency Loans in the applicable Foreign Currency with an
	 2661
	  	Interest Period of three months’ duration; provided that, if the Parent Borrower or any applicable Foreign
	 2662
	  	Subsidiary Borrower, as the case may be, fails to reimburse such LC Disbursement when due pursuant to
	 2663
	  	Section 2.05(e), then Section 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for
	 2664
	  	the account of the Issuing Bank, except that interest accrued on and after the date of payment by any
	 2665
	  	Lender pursuant to Section 2.05(e) to reimburse the Issuing Bank shall be for the account of such Lender
	 2666
	  	to the extent of such payment.
		
	 2667
	  	 (i) Replacement of an Issuing Bank; Additional Issuing Banks. Any Issuing Bank

	 2668
	  	may be replaced at any time by written agreement among the Parent Borrower (on behalf of itself and the
	 2669
	  	Foreign Subsidiary Borrowers), the Administrative Agent, the replaced Issuing Bank and the successor
	 2670
	  	Issuing Bank. One or more Lenders may be appointed as additional Issuing Banks by written agreement
	 2671
	  	among the Parent Borrower (on behalf of itself and the Foreign Subsidiary Borrowers), the

  
 -59- 

			
	 2672
	  	Administrative Agent (whose consent will not be unreasonably withheld) and the Lender that is to be so
	 2673
	  	appointed. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing
	 2674
	  	Bank or any such additional Issuing Bank. At the time any such replacement shall become effective, the
	 2675
	  	Parent Borrower (on behalf of itself and the Foreign Subsidiary Borrowers) shall pay all unpaid fees
	 2676
	  	accrued for the account of the replaced Issuing Bank pursuant to Section 2.12(b). From and after the
	 2677
	  	effective date of any such replacement or addition, as applicable, (i) the successor or additional Issuing
	 2678
	  	Bank shall have all the rights and obligations of an Issuing Bank under this Agreement with respect to
	 2679
	  	Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank” shall be
	 2680
	  	deemed to refer to such successor or such addition or to any previous Issuing Bank, or to such successor
	 2681
	  	or such addition and all previous Issuing Banks, as the context shall require. After the replacement of an
	 2682
	  	Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue to have
	 2683
	  	all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit
	 2684
	  	issued by it prior to such replacement, but shall not be required to issue additional Letters of Credit. If at
	 2685
	  	any time there is more than one Issuing Bank hereunder, the Parent Borrower (on behalf of itself and the
	 2686
	  	Foreign Subsidiary Borrowers) may, in its discretion, select which Issuing Bank is to issue any particular
	 2687
	  	Letter of Credit.
		
	 2688
	  	 (j) Cash Collateralization. If any Event of Default shall occur and be continuing, on

	 2689
	  	the Business Day that the Parent Borrower or any Foreign Subsidiary Borrower receives notice from the
	 2690
	  	Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated,
	 2691
	  	Revolving Lenders with LC Exposure representing greater than 50% of the total LC Exposure)
	 2692
	  	demanding the deposit of cash collateral pursuant to this paragraph, the Parent Borrower and the Foreign
	 2693
	  	Subsidiary Borrowers, as the case may be, shall deposit in an account with the Administrative Agent, in
	 2694
	  	the name of the Administrative Agent and for the benefit of the Revolving Lenders, the undrawn amount
	 2695
	  	of each outstanding Letter of Credit and the amount of each unreimbursed LC Disbursements at such time
	 2696
	  	(and in such currency as each such Letter of Credit is denominated and each such unreimbursed LC
	 2697
	  	Disbursement was made), plus any accrued and unpaid interest thereon; provided that the obligation to
	 2698
	  	deposit such cash collateral shall become effective immediately, and such deposit shall become
	 2699
	  	immediately due and payable, without demand or other notice of any kind, upon the occurrence of any
	 2700
	  	Event of Default with respect to the Parent Borrower or any Foreign Subsidiary Borrower described in
	 2701
	  	clause (h) or (i) of Article VII. Each such deposit shall be held by the Administrative Agent as collateral
	 2702
	  	for the payment and performance of the obligations of the Parent Borrower and the Foreign Subsidiary
	 2703
	  	Borrowers under this Agreement. The Administrative Agent shall have exclusive dominion and control,
	 2704
	  	including the exclusive right of withdrawal, over such account. Other than any interest earned on the
	 2705
	  	investment of such deposits, which investments shall be made at the option and sole discretion of the
	 2706
	  	Administrative Agent and at the risk and expense of the Parent Borrower and the Foreign Subsidiary
	 2707
	  	Borrowers, such deposits shall not bear interest. Interest or profits, if any, on such investments shall
	 2708
	  	accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to
	 2709
	  	reimburse the Issuing Bank for LC Disbursements for which it has not been reimbursed and, to the extent
	 2710
	  	not so applied, shall be held for the satisfaction of the reimbursement obligations of the Parent Borrower
	 2711
	  	and the Foreign Subsidiary Borrowers for the LC Exposure at such time or, if the maturity of the Loans
	 2712
	  	has been accelerated (but subject to the consent of Revolving Lenders with LC Exposure representing
	 2713
	  	greater than 50% of the total LC Exposure), be applied to satisfy other obligations of the Parent Borrower
	 2714
	  	and the Foreign Subsidiary Borrowers under this Agreement. If the Parent Borrower or any Foreign
	 2715
	  	Subsidiary Borrower is required to provide an amount of cash collateral hereunder as a result of the
	 2716
	  	occurrence of an Event of Default, such amount plus any accrued interest or realized profits of such
	 2717
	  	amounts (to the extent not applied as aforesaid) shall be returned to the Parent Borrower or such Foreign
	 2718
	  	Subsidiary Borrower within three Business Days after all Events of Default have been cured or waived. If
	 2719
	  	the Parent Borrower is required to provide an amount of such collateral hereunder pursuant to Section
	 2720
	  	2.11(b), such amount plus any accrued interest or realized profits on account of such amount (to the

  
 -60- 

			
	 2721
	  	extent not applied as aforesaid) shall be returned to the Parent Borrower as and to the extent that, after
	 2722
	  	giving effect to such return, the Parent Borrower would remain in compliance with Section 2.11(b) and no
	 2723
	  	Default or Event of Default shall have occurred and be continuing.
		
	 2724
	  	 (k) If the maturity date in respect of any tranche of Revolving Commitments occurs

	 2725
	  	prior to the expiration of any Letter of Credit, then (i) if one or more other tranches of Revolving
	 2726
	  	Commitments in respect of which the maturity date shall not have occurred are then in effect, such Letters
	 2727
	  	of Credit shall automatically be deemed to have been issued (including for purposes of the obligations of
	 2728
	  	the Revolving Lenders to purchase participations therein and to make Revolving Loans and payments in
	 2729
	  	respect thereof pursuant to Section 2.05(e)) under (and ratably participated in by Lenders pursuant to) the
	 2730
	  	Revolving Commitments in respect of such non-terminating tranches up to an aggregate amount not to
	 2731
	  	exceed the aggregate principal amount of the unutilized Revolving Commitments thereunder at such time
	 2732
	  	(it being understood that no partial face amount of any Letter of Credit may be so reallocated) and (ii) to
	 2733
	  	the extent not reallocated pursuant to the immediately preceding clause (i), the Parent Borrower shall cash
	 2734
	  	collateralize any such Letter of Credit in accordance with Section 2.05(j). If, for any reason, such cash
	 2735
	  	collateral is not provided or the reallocation does not occur, the Revolving Lenders under the maturing
	 2736
	  	tranche shall continue to be responsible for their participating interests in the Letters of Credit. Except to
	 2737
	  	the extent of reallocations of participations pursuant to clause (i) of the second preceding sentence, the
	 2738
	  	occurrence of a maturity date with respect to a given tranche of Revolving Commitments shall have no
	 2739
	  	effect upon (and shall not diminish) the percentage participations of the Revolving Lenders in any Letter
	 2740
	  	of Credit issued before such maturity date. Commencing with the maturity date of any tranche of
	 2741
	  	Revolving Commitments, the sublimit for Letters of Credit shall be agreed with the Lenders under the
	 2742
	  	extended tranches.
		
	 2743
	  	 (l) Further Cash Collateralization. In the event and on each occasion that the total

	 2744
	  	LC Exposure exceeds the LC Sublimit, the Parent Borrower or the Foreign Subsidiary Borrowers, as the
	 2745
	  	case may be, shall deposit cash collateral in an account with the Administrative Agent, in the name of the
	 2746
	  	Administrative Agent and for the benefit of the Revolving Lenders, in an aggregate amount equal to such
	 2747
	  	excess in accordance with the provisions of Section 2.05(j). Such amount plus any accrued interest or
	 2748
	  	realized profits of such amounts (to the extent not applied as aforesaid) shall be returned to the Parent
	 2749
	  	Borrower or such Foreign Subsidiary Borrower within three Business days after the first Calculation Date
	 2750
	  	on which the total LC Exposure no longer exceeds the LC Sublimit.
		
	 2751
	  	 SECTION 2.06 Funding of Borrowings.

		
	 2752
	  	 (a) Each Lender shall make each Loan to be made by it hereunder on the proposed

	 2753
	  	date thereof by wire transfer of immediately available funds by 12:00 noon, New York City time to the
	 2754
	  	account of the Administrative Agent most recently designated by it for such purpose by notice to the
	 2755
	  	Lenders; provided that (i) Swingline Loans shall be made as provided in Section 2.04 and (ii) Foreign
	 2756
	  	Currency Loans shall be made as provided in Section 2.03(b). In the case of all Loans other than Foreign
	 2757
	  	Currency Loans, the Administrative Agent will make such Loans available to the Parent Borrower or the
	 2758
	  	applicable Foreign Subsidiary Borrower, as the case may be, by promptly crediting the amounts so
	 2759
	  	received, in like funds, to an account of the Parent Borrower or such Foreign Subsidiary Borrower, as the
	 2760
	  	case may be, maintained with the Administrative Agent in New York City, and designated by the Parent
	 2761
	  	Borrower or such Foreign Subsidiary Borrower, as the case may be, in the applicable Borrowing Request;
	 2762
	  	provided that Revolving Loans made to finance the reimbursement of an LC Disbursement as provided in
	 2763
	  	Section 2.05(e) shall be remitted by the Administrative Agent to the Issuing Bank. In the case of Foreign
	 2764
	  	Currency Loans, the Foreign Currency Agent will make such Loans available to the Parent Borrower or
	 2765
	  	the applicable Foreign Subsidiary Borrower, as the case may be, by promptly crediting or disbursing the
	 2766
	  	aggregate of the amounts received by the Foreign Currency Agent from the Foreign Currency Lenders, in

  
 -61- 

			
	 2767
	  	like funds, to an account of the Parent Borrower or such Foreign Subsidiary Borrower, as the case may
	 2768
	  	be, designated by the Parent Borrower or such Foreign Subsidiary Borrower, as the case may be, in the
	 2769
	  	applicable Borrowing Request.
		
	 2770
	  	 (b) Unless the Administrative Agent shall have received notice from a Lender prior

	 2771
	  	to the proposed date of any Borrowing (other than a Borrowing of Foreign Currency Loans) that such
	 2772
	  	Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the
	 2773
	  	Administrative Agent may assume that such Lender has made such share available on such date in
	 2774
	  	accordance with paragraph (a) of this Section and may, in reliance upon such assumption, make available
	 2775
	  	to the Parent Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, a
	 2776
	  	corresponding amount. In such event, if a Lender has not in fact made its share of the applicable
	 2777
	  	Borrowing available to the Administrative Agent, then the applicable Lender and the Parent Borrower or
	 2778
	  	the applicable Foreign Subsidiary Borrower, as the case may be, severally agree to pay to the
	 2779
	  	Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day
	 2780
	  	from and including the date such amount is made available to the Parent Borrower or the applicable
	 2781
	  	Foreign Subsidiary Borrower, as the case may be, to but excluding the date of payment to the
	 2782
	  	Administrative Agent, at (i) in the case of such Lender, the greater of (x) the Federal Funds 
	 2783
	  	EffectiveNYFRB Rate and (y) a rate determined by the Administrative Agent in accordance with banking
	 2784
	  	industry rules on interbank compensation, the applicable rate shall be determined as specified in clause
	 2785
	  	(y) above, or (ii) in the case of the Parent Borrower or any Foreign Subsidiary Borrower, the interest rate
	 2786
	  	applicable to ABR Revolving Loans. If such Lender pays such amount to the Administrative Agent, then
	 2787
	  	such amount shall constitute such Lender’s Loan included in such Borrowing.
		
	 2788
	  	 (c) Unless the Foreign Currency Agent shall have received notice from a Foreign

	 2789
	  	Currency Lender prior to the proposed date of any Borrowing of Foreign Currency Loans that such
	 2790
	  	Foreign Currency Lender will not make available to the Foreign Currency Agent such Foreign Currency
	 2791
	  	Lender’s share of such Borrowing, the Foreign Currency Agent may assume that such Foreign Currency
	 2792
	  	Lender has made such share available on such date in accordance with paragraph (a) of this Section and
	 2793
	  	may, in reliance upon such assumption, make available to the Parent Borrower or the applicable Foreign
	 2794
	  	Subsidiary Borrower, as the case may be, a corresponding amount. In such event, if a Foreign Currency
	 2795
	  	Lender has not in fact made its share of the applicable Borrowing of Foreign Currency Loans available to
	 2796
	  	the Foreign Currency Agent, then the applicable Foreign Currency Lender and the Parent Borrower or the
	 2797
	  	applicable Foreign Subsidiary Borrower, as the case may be, severally agree to pay to the Foreign
	 2798
	  	Currency Agent forthwith on demand such corresponding amount with interest thereon, for each day from
	 2799
	  	and including the date such amount is made available to the Parent Borrower or the applicable Foreign
	 2800
	  	Subsidiary Borrower, as the case may be, to but excluding the date of payment to the Foreign Currency
	 2801
	  	Agent, at (i) in the case of such Foreign Currency Lender, a rate determined by the Foreign Currency
	 2802
	  	Agent in accordance with banking industry rules on interbank compensation, or (ii) in the case of the
	 2803
	  	Parent Borrower or any Foreign Subsidiary Borrower, the interest rate applicable to Foreign Currency
	 2804
	  	Loans in the applicable Foreign Currency with an Interest Period of three months’ duration. If such
	 2805
	  	Foreign Currency Lender pays such amount to the Foreign Currency Agent, then such amount shall
	 2806
	  	constitute such Foreign Currency Lender’s Loan included in such Borrowing.
		
	 2807
	  	 (d) On the Restatement Date, all Existing Revolving Loans shall be deemed repaid

	 2808
	  	and the portion thereof requested by the Parent Borrower to be borrowed on the Restatement Date shall be
	 2809
	  	deemed reborrowed as Revolving Loans hereunder by the Parent Borrower or the Foreign Subsidiary
	 2810
	  	Borrowers, as the case may be, provided that each such reborrowed Revolving Loan shall be deemed
	 2811
	  	made in the same Type and currency as the relevant Existing Revolving Loan (it being understood that for
	 2812
	  	each tranche of Existing Revolving Loans that were Eurocurrency Loans, (x) the initial Interest Period for
	 2813
	  	the relevant reborrowed Eurocurrency Loans shall equal the remaining length of the Interest Period for

  
 -62- 

			
	 2814
	  	such tranche and (y) the Adjusted LIBO Rate for the relevant reborrowed Eurocurrency Loans during
	 2815
	  	such initial Interest Period shall be the Adjusted LIBO Rate for such tranche immediately prior to the
	 2816
	  	Restatement Date). Any Revolving Lenders that are not Existing Revolving Lenders (and any Existing
	 2817
	  	Revolving Lenders with Revolving Commitments as of the Restatement Date that are greater than their
	 2818
	  	Existing Revolving Commitments) shall advance funds (in the relevant currency) to the Administrative
	 2819
	  	Agent on the Restatement Date as shall be required to repay the portion of the Revolving Loans of
	 2820
	  	Existing Revolving Lenders such that (A) each Revolving Lender’s share of outstanding Revolving Loans
	 2821
	  	denominated in dollars on the Restatement Date is equal to its Applicable Percentage (after giving effect
	 2822
	  	to the Restatement Date) and (B) each Foreign Currency Lender’s (other than the Fronting Lender’s)
	 2823
	  	share of outstanding Foreign Currency Loans is equal to its Applicable Percentage (after giving effect to
	 2824
	  	the Restatement Date) of Foreign Currency Loans.
		
	 2825
	  	 SECTION 2.07 Interest Elections.

		
	 2826
	  	 (a) Each Borrowing initially shall be of the Type specified in the applicable

	 2827
	  	Borrowing Request and, in the case of a Eurocurrency Borrowing, shall have an initial Interest Period as
	 2828
	  	specified in such Borrowing Request or as otherwise provided in Section 2.03. Thereafter, the Parent
	 2829
	  	Borrower, the applicable Subsidiary Term Borrower or the applicable Foreign Subsidiary Borrower, as
	 2830
	  	the case may be, may elect to (i) convert any ABR Borrowing or any Eurocurrency Borrowing
	 2831
	  	denominated in dollars to a Borrowing of a different Type, (ii) continue any Borrowing (provided that
	 2832
	  	such Borrowing must be continued in the same currency) and (iii) in the case of a Eurocurrency
	 2833
	  	Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Parent Borrower, the 
	 2834
	  	applicable Subsidiary Term Borrower or the applicable Foreign Subsidiary Borrower, as the case may be,
	 2835
	  	may elect different options with respect to different portions of the affected Borrowing, in which case
	 2836
	  	each such portion shall be allocated ratably among the Lenders holding the Loans comprising such
	 2837
	  	Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. This
	 2838
	  	Section shall not apply to Swingline Borrowings, which may not be converted or continued.
		
	 2839
	  	 (b) To make an election pursuant to this Section, the Parent Borrower, the applicable 

	 2840
	  	Subsidiary Term Borrower or the applicable Foreign Subsidiary Borrower, as the case may be, shall
	 2841
	  	notify the Administrative Agent of such election (in the case of any Revolving Loans other than Foreign
	 2842
	  	Currency Loans, by telephone, and in the case of Foreign Currency Loans, through a written Interest
	 2843
	  	Election Request delivered by hand or telecopy) by the time that a Borrowing Request would be required
	 2844
	  	under Section 2.03 if the Parent Borrower, the applicable Subsidiary Term Borrower or the applicable
	 2845
	  	Foreign Subsidiary Borrower, as the case may be, were requesting a Revolving Borrowing (other than a
	 2846
	  	Borrowing of Foreign Currency Loans),  or a Borrowing of Foreign Currency Loans or a Tranche A Term 
	 2847
	  	Borrowing of the Type resulting from such election to be made on the effective date of such election.
	 2848
	  	Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly by
	 2849
	  	hand delivery or telecopy to the Administrative Agent of a written Interest Election Request, and all such
	 2850
	  	written Interest Election Requests (including with respect to Foreign Currency Loans) shall be in a form
	 2851
	  	approved by the Administrative Agent and signed by the Parent Borrower, the applicable Subsidiary 
	 2852
	  	Term Borrower or the applicable Foreign Subsidiary Borrower, as the case may be.
		
	 2853
	  	 (c) Each telephonic and written Interest Election Request shall specify the following

	 2854
	  	information in compliance with Section 2.02:
		
	 2855
	  	 (i) the Borrowing to which such Interest Election Request applies and, if different

	 2856
	  	 options are being elected with respect to different portions thereof, the portions thereof to be

	 2857
	  	 allocated to each resulting Borrowing (in which case the information to be specified pursuant to

	 2858
	  	 clauses (iii) and (iv) below shall be specified for each resulting Borrowing);

  
 -63- 

			
	 2859
	  	 (ii) the effective date of the election made pursuant to such Interest Election
Request,

	 2860
	  	 which shall be a Business Day;

		
	 2861
	  	 (iii) other than any Interest Election Request made with respect to a Borrowing of

	 2862
	  	 Foreign Currency Loans, whether the resulting Borrowing is to be an ABR Borrowing or a

	 2863
	  	 Eurocurrency Borrowing; and

		
	 2864
	  	 (iv) if the resulting Borrowing is a Eurocurrency Borrowing, the Interest Period to
be

	 2865
	  	 applicable thereto after giving effect to such election, which shall be a period contemplated by the

	 2866
	  	 definition of the term “Interest Period.”

		
	 2867
	  	 If any such Interest Election Request requests (i) a Eurocurrency Borrowing (other than a

	 2868
	  	Borrowing of Foreign Currency Loans) but does not specify an Interest Period, then the Parent Borrower, 
	 2869
	  	the applicable Subsidiary Term Borrower or the applicable Foreign Subsidiary Borrower, as the case may
	 2870
	  	be, shall be deemed to have selected an Interest Period of one month’s duration or (ii) a Borrowing of
	 2871
	  	Foreign Currency Loans but does not specify an Interest Period, then the Parent Borrower or the
	 2872
	  	applicable Foreign Subsidiary Borrower, as the case may be, shall be deemed to have selected an Interest
	 2873
	  	Period of three months’ duration.
		
	 2874
	  	 (d) Promptly following receipt of an Interest Election Request, the Administrative

	 2875
	  	Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting
	 2876
	  	Borrowing.
		
	 2877
	  	 (e) If an Interest Election Request with respect to a Eurocurrency Borrowing (other

	 2878
	  	than a Borrowing of Foreign Currency Loans) is not timely delivered prior to the end of the Interest
	 2879
	  	Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such
	 2880
	  	Interest Period such Borrowing shall be converted to an ABR Borrowing. If an Interest Election Request
	 2881
	  	with respect to a Borrowing of Foreign Currency Loans is not timely delivered prior to the end of the
	 2882
	  	Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of
	 2883
	  	such Interest Period such Borrowing shall be continued as a Eurocurrency Borrowing with an Interest
	 2884
	  	Period of three months’ duration. Notwithstanding any contrary provision hereof, if an Event of Default
	 2885
	  	has occurred and is continuing and the Administrative Agent, at the request of the Required Lenders, so
	 2886
	  	notifies the Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the Foreign
	 2887
	  	Subsidiary Borrowers), then, so long as an Event of Default is continuing (i) no outstanding Borrowing
	 2888
	  	may be converted to or continued as a Eurocurrency Borrowing, (ii) unless repaid, each Eurocurrency
	 2889
	  	Borrowing (other than a Borrowing of Foreign Currency Loans) shall be converted to an ABR Borrowing
	 2890
	  	at the end of the Interest Period applicable thereto and (iii) each Borrowing of Foreign Currency Loans
	 2891
	  	shall be due and payable on the last day of the Interest Period applicable thereto.
		
	 2892
	  	 SECTION 2.08 Termination and Reduction of Commitments.

		
	 2893
	  	 (a) Unless previously terminated, (i) the Tranche A Term Commitments shall

	 2894
	  	terminate and be automatically and permanently reduced to $0 upon the funding of the Tranche A Term
	 2895
	  	Loans on the Restatement Date and (ii) the Revolving Commitments shall terminate on the Revolving
	 2896
	  	Maturity Date.
		
	 2897
	  	 (b) The Parent Borrower (on behalf of itself and the Foreign Subsidiary Borrowers)

	 2898
	  	may at any time terminate, or from time to time reduce, the Revolving Commitments of any Class;
	 2899
	  	provided that (i) each reduction of the Revolving Commitments of any Class shall be in an amount that is
	 2900
	  	an integral multiple of $1,000,000 and not less than $5,000,000 and (ii) the Revolving Commitments of
	 2901
	  	any Class shall not be terminated or reduced if, after giving effect to any concurrent prepayment of the

  
 -64- 

			
	 2902
	  	Revolving Loans of such Class in accordance with Section 2.11, the sum of the Revolving Exposures of
	 2903
	  	such Class would exceed the total Revolving Commitments of such Class. Any reduction in the
	 2904
	  	Revolving Commitments shall be made ratably in accordance with each Revolving Lender’s Revolving
	 2905
	  	Commitment.
		
	 2906
	  	 (c) The Parent Borrower (on behalf of itself and the Foreign Subsidiary Borrowers)

	 2907
	  	 shall notify the Administrative Agent of any election to terminate or reduce the Revolving
Commitments

	 2908
	  	 of any Class under Section 2.08(b) at least three Business Days prior to the effective
date of such

	 2909
	  	 termination or reduction, specifying such election and the effective date thereof. Promptly
following

	 2910
	  	 receipt of any such notice, the Administrative Agent shall advise the Lenders of the contents
thereof.

	 2911
	  	 Each notice delivered by the Parent Borrower (on behalf of itself and the Foreign Subsidiary
Borrowers)

	 2912
	  	 pursuant to this Section shall be irrevocable; provided that a notice of termination of the
Revolving

	 2913
	  	 Commitments delivered by the Parent Borrower (on behalf of itself and the Foreign
Subsidiary

	 2914
	  	 Borrowers) may state that such notice is conditioned upon the effectiveness of other credit
facilities or the

	 2915
	  	 occurrence of another transaction, in which case such notice may be revoked by the Parent Borrower
(on

	 2916
	  	 behalf of itself and the Foreign Subsidiary Borrowers) (by notice to the Administrative Agent on
or prior

	 2917
	  	 to the specified effective date) if such condition is not satisfied. Any reduction of the
Commitments shall

	 2918
	  	 be permanent. Each reduction of the Revolving Commitments shall be made ratably among
the

	 2919
	  	 Revolving Lenders in accordance with their respective Revolving Commitments.

		
	 2920
	  	 SECTION 2.09 Repayment of Loans; Evidence of Debt.

		
	 2921
	  	 (a) The Parent Borrower, each Subsidiary Term Borrower (with respect to Term 

	 2922
	  	Loans made to such Subsidiary Term Borrower) and each Foreign Subsidiary Borrower hereby
	 2923
	  	 unconditionally promises to pay (i) to the Administrative Agent, in dollars, for the account
of each

	 2924
	  	 Revolving Lender the then unpaid principal amount of each Revolving Loan (other than any
Foreign

	 2925
	  	 Currency Loan) of such Lender on the Revolving Maturity Date, (ii) to the Foreign Currency
Agent for

	 2926
	  	 the account of each Foreign Currency Lender the then unpaid principal amount in the applicable
currency

	 2927
	  	 of each Foreign Currency Loan of such Foreign Currency Lender on the Revolving Maturity
Date, and 

	 2928
	  	 (iii) to the Administrative Agent for the account of each Lender the then unpaid principal
amount of each 

	 2929
	  	Term Loan of such Lender as provided in Section 2.10 and (iv) to the Swingline Lenders the then unpaid
	 2930
	  	 principal amount of each Swingline Loan on the earlier of the Revolving Maturity Date and the
first date

	 2931
	  	 after such Swingline Loan is made that is the 15th or last day of a calendar month and is at least
two

	 2932
	  	 Business Days after such Swingline Loan is made; provided that on each date that a
Revolving Borrowing

	 2933
	  	 is made, the Parent Borrower shall repay all Swingline Loans that were outstanding on the date
such

	 2934
	  	 Borrowing was requested.

		
	 2935
	  	 (b) Each Lender shall maintain in accordance with its usual practice an account or

	 2936
	  	 accounts evidencing the indebtedness of the Parent Borrower, the Subsidiary Term
Borrowers and the

	 2937
	  	 Foreign Subsidiary Borrowers to such Lender resulting from each Loan made by such Lender,
including

	 2938
	  	 the amounts of principal and interest payable and paid to such Lender from time to time
hereunder.

		
	 2939
	  	 (c) The Administrative Agent shall maintain accounts in which it shall record (i) the

	 2940
	  	 amount of each Loan made hereunder, the Class and Type thereof and the Interest Period
applicable

	 2941
	  	 thereto, (ii) the applicable currency and the amount of any principal or interest due and
payable or to

	 2942
	  	 become due and payable from the Parent Borrower, the Subsidiary Term Borrowers
and the Foreign

	 2943
	  	 Subsidiary Borrowers to each Lender hereunder and (iii) the currency and amount of any sum
received by

	 2944
	  	 the Administrative Agent hereunder for the account of the Lenders and each Lender’s share
thereof.

  
 -65- 

			
	 2945
	  	 (d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of

	 2946
	  	 this Section shall be prima facie evidence of the existence and amounts of the obligations
recorded

	 2947
	  	 therein; provided that the failure of any Lender or the Administrative Agent to maintain
such accounts or

	 2948
	  	 any error therein shall not in any manner affect the obligation of the Parent Borrower,
the Subsidiary 

	 2949
	  	Term Borrowers and the Foreign Subsidiary Borrowers to repay the Loans in accordance with the terms
	 2950
	  	 of this Agreement.

		
	 2951
	  	 (e) Any Lender may request that Loans of any Class made by it be evidenced by a

	 2952
	  	 promissory note. In such event, the Parent Borrower, the applicable Subsidiary Term
Borrower or the

	 2953
	  	 applicable Foreign Subsidiary Borrower, as the case may be, shall prepare, execute and deliver to
such

	 2954
	  	 Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to
such

	 2955
	  	 Lender and its registered assigns) and in a form approved by the Administrative Agent. Thereafter,
the

	 2956
	  	 Loans evidenced by such promissory note and interest thereon shall at all times (including
after

	 2957
	  	 assignment pursuant to Section 10.04) be represented by one or more promissory notes in such
form

	 2958
	  	 payable to the order of the payee named therein (or, if such promissory note is a registered note,
to such

	 2959
	  	 payee and its registered assigns).

		
	 2960
	  	 SECTION 2.10 Amortization of Term Loans[Reserved].

		
	 2961
	  	 (a) Subject to adjustment pursuant to paragraph (d) of this Section, the Term

	 2962
	  	Borrowers shall repay Tranche A Term Loans on each date set forth below in the aggregate principal
	 2963
	  	amount set forth opposite such date:

  

					
	 Date
	  	Amount	 
	 December 31, 2015
	  	$	3,437,500	 
	 March 31, 2016
	  	$	3,437,500	 
	 June 30, 2016
	  	$	3,437,500	 
	 September 30, 2016
	  	$	3,437,500	 
	 December 31, 2016
	  	$	3,437,500	 
	 March 31, 2017
	  	$	3,437,500	 
	 June 30, 2017
	  	$	3,437,500	 
	 September 30, 2017
	  	$	3,437,500	 
	 December 31, 2017
	  	$	3,437,500	 
	 March 31, 2018
	  	$	3,437,500	 
	 June 30, 2018
	  	$	3,437,500	 
	 September 30, 2018
	  	$	3,437,500	 
	 December 31, 2018
	  	$	5,156,250	 
	 March 31, 2019
	  	$	5,156,250	 
	 June 30, 2019
	  	$	5,156,250	 
	 September 30, 2019
	  	$	5,156,250	 
	 December 31, 2019
	  	$	5,156,250	 
	 March 31, 2020
	  	$	5,156,250	 
	 Tranche A Maturity Date
	  	$	202,812,500	 

			
	 2964
	  	
	 2965
	  	 (b) The Parent Borrower shall repay Incremental Term Loans of any Series in such

	 2966
	  	amounts and on such date or dates as shall be specified therefor in the Incremental Facility Agreement
	 2967
	  	establishing the Incremental Term Commitments of such Series (as such amounts may be adjusted
	 2968
	  	pursuant to paragraph (d) of this Section or pursuant to such Incremental Facility Agreement).
		
	 2969
	  	 (c) To the extent not previously paid, (i) all Tranche A Term Loans shall be due and

  
 -66- 

			
	2970	  	 payable on the Tranche A Maturity Date and (ii) all Incremental Term Loans of any
Series shall be due 

	2971	  	and payable on the Incremental Term Maturity Date applicable thereto.
		
	2972	  	 (d) Any mandatory prepayment of a Tranche A Term Borrowing of any Class shall

	2973	  	be applied to reduce the subsequent scheduled repayments of the Borrowings of such Class to be made
	2974	  	 pursuant to this Section ratably. Any optional prepayment of a Tranche A Term Borrowing of
any Class 

	2975	  	shall be applied to the scheduled repayments of the Borrowings of such Class as directed by the Parent
	2976	  	Borrower.
		
	2977	  	 (e) Prior to any repayment of any Tranche A Term Borrowings of any Class

	2978	  	hereunder, the Parent Borrower (on behalf of itself and the applicable Subsidiary Term Borrower) shall
	2979	  	select the Borrowing or Borrowings of the applicable Class to be repaid and shall notify the
	2980	  	Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m.,
	2981	  	New York City time, three Business Days before the scheduled date of such repayment. Each repayment
	2982	  	of a Borrowing shall be applied ratably to the Loans included in the repaid Borrowing. Repayments of
	2983	  	Tranche A Term Borrowings shall be accompanied by accrued interest on the amount repaid.
		
	2984	  	 SECTION 2.11 Prepayment of Loans.

		
	2985	  	 (a) The Parent Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary

	2986	  	 Borrowers, as the case may be, shall have the right at any time and from time to time to prepay
any

	2987	  	 Borrowing in whole or in part, subject to the requirements of this Section.

		
	2988	  	 (b) In the event and on each occasion that (i) the sum of the Revolving Exposures

	2989	  	 exceeds the total Revolving Commitments, the Parent Borrower and the Foreign Subsidiary Borrowers,
as

	2990	  	 the case may be, shall prepay Revolving Loans and/or Swingline Loans (or, if no such Borrowings
are

	2991	  	 outstanding, deposit cash collateral in an account with the Administrative Agent pursuant to
Section

	2992	  	 2.05(j)) in an aggregate amount equal to such excess, (ii) the sum of the Foreign Currency
Revolving

	2993	  	 Exposures exceeds the Foreign Currency Sublimit, the Parent Borrower or the Foreign
Subsidiary

	2994	  	 Borrowers, as the case may be, shall prepay Foreign Currency Loans (or, if no such Borrowings
are

	2995	  	 outstanding, deposit cash collateral in an account with the Administrative Agent pursuant to
Section

	2996	  	 2.05(j)) in an aggregate amount equal to such excess or (iii) the aggregate Dollar Equivalent
of the

	2997	  	 aggregate outstanding principal amounts of Foreign Currency Loans exceeds an amount equal to 105%
of

	2998	  	 the Foreign Currency Sublimit, the Parent Borrower shall, or shall cause any applicable
Foreign

	2999	  	 Subsidiary Borrower, without notice or demand, immediately to prepay such of the outstanding
Foreign

	3000	  	 Currency Loans in an aggregate principal amount such that, after giving effect thereto, the
aggregate

	3001	  	 Dollar Equivalents of the outstanding principal amounts of Foreign Currency Loans does not exceed
the

	3002	  	 Foreign Currency Sublimit.

		
	3003	  	 (c) In the event and on each occasion that any Net Proceeds are received by or on

	3004	  	behalf of Holdings, the Parent Borrower or any Subsidiary in respect of any Prepayment Event, the Parent
	3005	  	Borrower (on behalf of itself and the Subsidiary Term Borrowers) shall, within three Business Days after
	3006	  	such Net Proceeds are received, prepay Tranche A Term Borrowings in an aggregate amount equal to
	3007	  	such Net Proceeds; provided that in the case of any event described in clause (a) of the definition of the
	3008	  	term Prepayment Event (other than sales, transfers or other dispositions pursuant to Section 6.05(j) in
	3009	  	excess of $50,000,000), if Holdings or the Parent Borrower shall deliver, within such three Business
	3010	  	Days, to the Administrative Agent a certificate of a Financial Officer to the effect that Holdings, the
	3011	  	Parent Borrower and the Subsidiaries, intend to apply the Net Proceeds from such event (or a portion
	3012	  	thereof specified in such certificate), within 365 days after receipt of such Net Proceeds, to acquire real
	3013	  	property, equipment or other tangible assets to be used in the business of the Parent Borrower and the

  
 -67- 

			
	3014	  	Subsidiaries, and certifying that no Default has occurred and is continuing, then no prepayment shall be
	3015	  	required pursuant to this paragraph in respect of the Net Proceeds in respect of such event (or the portion
	3016	  	of such Net Proceeds specified in such certificate, if applicable) except to the extent of any such Net
	3017	  	Proceeds therefrom that have not been so applied by the end of such 365-day period, at which time a
	3018	  	prepayment shall be required in an amount equal to such Net Proceeds that have not been so applied; and
	3019	  	provided, further that prepayments of Tranche A Term Borrowings otherwise required by this Section
	3020	  	2.11(c) shall not be required to the extent the applicable Net Proceeds were actually used to make
	3021	  	prepayments of Tranche A Term Borrowings (as defined in the Existing Credit Agreement) pursuant to
	3022	  	Section 2.11(c) of the Existing Credit Agreement.
		
	3023	  	 (c) [Reserved]. 

		
	3024	  	 (d) Following the end of each fiscal year of the Parent Borrower, commencing with

	3025	  	the fiscal year ending December 31, 2016, the Parent Borrower (on behalf of itself and the Subsidiary
	3026	  	Term Borrowers) shall prepay Tranche A Term Borrowings in an aggregate amount equal to the ECF
	3027	  	Percentage of Excess Cash Flow for such fiscal year. Each prepayment pursuant to this paragraph shall
	3028	  	be made within 95 days after the end of such fiscal year.[Reserved].
		
	3029	  	 (e) Prior to any optional or mandatory prepayment of Borrowings hereunder, the

	3030	  	 Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the
Foreign Subsidiary

	3031	  	 Borrowers) shall select the Borrowing or Borrowings to be prepaid and shall specify such selection
in the

	3032	  	 notice of such prepayment pursuant to paragraph (f) of this Section.

		
	3033	  	 (f) The Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the

	3034	  	 Foreign Subsidiary Borrowers) shall notify the Administrative Agent (and, (A) in the case of
prepayment

	3035	  	 of a Foreign Currency Loan, the Foreign Currency Agent and (B) in the case of prepayment of
a

	3036	  	 Swingline Loan, the Swingline Lenders), by (x) in the case of Revolving Loans (other than
Foreign

	3037	  	 Currency Loans) or Swingline Loans, by telephone (confirmed by telecopy) and (y) in the case
of Foreign

	3038	  	 Currency Loans, by telecopy, of any prepayment hereunder (i) in the case of prepayment of
a

	3039	  	 Eurocurrency Borrowing (other than a Borrowing of Foreign Currency Loans), not later than 12:00
noon,

	3040	  	 New York City time, three Business Days before the date of prepayment, (ii) in the case of
prepayment of

	3041	  	 an ABR Borrowing, not later than 12:00 noon, New York City time, one Business Day before the date
of

	3042	  	 prepayment, (iii) in the case of prepayment of a Swingline Loan, not later than 12:00 noon,
New York

	3043	  	 City time, on the date of prepayment and (iv) in the case of prepayment of a Foreign Currency
Loan, not

	3044	  	 later than the time set forth for the relevant Foreign Currency on the Administrative Schedule.
Each such

	3045	  	 notice shall be irrevocable and shall specify (i) whether the prepayment is of Eurocurrency
Loans

	3046	  	 denominated in dollars, Foreign Currency Loans (and if Foreign Currency Loans are to be prepaid,
the

	3047	  	 Foreign Currency in which such Loans are denominated) or ABR Loans, (ii) the prepayment date,
(iii) the

	3048	  	 principal amount of each Borrowing or portion thereof to be prepaid and (iv) in the case of a
mandatory

	3049	  	 prepayment, a reasonably detailed calculation of the amount of such prepayment; provided
that, if a

	3050	  	 notice of optional prepayment is given in connection with a conditional notice of termination
of

	3051	  	 Revolving Commitments as contemplated by Section 2.08, then such notice of prepayment may
be

	3052	  	 revoked if such notice of termination is revoked in accordance with Section 2.08. Promptly
following

	3053	  	 receipt of any such notice (other than a notice relating solely to Swingline Loans), the
Administrative

	3054	  	 Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing
shall

	3055	  	 be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type
as

	3056	  	 provided in Section 2.02, except as necessary to apply fully the required amount of a
mandatory

	3057	  	 prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included in
the

	3058	  	 prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required
by

	3059	  	 Section 2.13.

  
 -68- 

			
	3060	  	 (g) In the event of any mandatory prepayment of Term Loans made at a time when

	3061	  	Term Loans of more than one Class remain outstanding, the Parent Borrower shall select Term Loans to
	3062	  	be prepaid so that the aggregate amount of such prepayment is allocated among each Class of the Term
	3063	  	Loans pro rata based on the aggregate principal amounts of outstanding Borrowings of each such Class;
	3064	  	provided that (x) the amounts so allocable to Incremental Term Loans of any Series may be applied to
	3065	  	other Term Loan Borrowings if so provided in the applicable Incremental Facility Agreement and (y) the
	3066	  	amounts so allocable to any tranche of Extended Term Loans may be applied to other Term Loan
	3067	  	Borrowings if so provided in the applicable Extension Offer. In the event of any optional prepayment of
	3068	  	Term Loans made at a time when Term Loans of more than one Class remain, the Parent Borrower shall
	3069	  	select the Term Loans to be prepaid so that the aggregate amount of such prepayment is allocated among
	3070	  	the Term Loans and each Series of Incremental Term Loans then outstanding based on the aggregate
	3071	  	principal amount of outstanding Borrowings of each such Class; provided that (x) the amounts so
	3072	  	allocable to Incremental Term Loans of any Series may be applied to other Borrowings of Tranche A
	3073	  	Term Loans if so provided in the applicable Incremental Facility Agreement and (y) the amounts so
	3074	  	allocable to any tranche of Extended Term Loans may be applied to other Borrowings of Tranche A Term
	3075	  	Loans if so provided in the applicable Extension Offer.
		
	3076	  	 SECTION 2.12 Fees.

		
	3077	  	 (a) The Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the

	3078	  	 Foreign Subsidiary Borrowers) agrees to pay to the Administrative Agent for the account of each
Lender

	3079	  	 a commitment fee (the “Commitment Fee”), which shall accrue at the Applicable
Rate on the average

	3080	  	 daily unused amount of the Revolving Commitment of such Lender during the period from and
including

	3081	  	 the Restatement Date to but excluding the date on which such Commitment terminates.
Accrued

	3082	  	 Commitment Fees shall be payable in arrears on the last day of March, June, September and December
of

	3083	  	 each year and on the date on which the Revolving Commitments terminate, commencing on the first
such

	3084	  	 date to occur after the Restatement Date. All Commitment Fees shall be computed on the basis of a
year

	3085	  	 of 360 days and shall be payable for the actual number of days elapsed (including the first day
but

	3086	  	 excluding the last day). For purposes of computing Commitment Fees with respect to
Revolving

	3087	  	 Commitments, a Revolving Commitment of a Lender shall be deemed to be used to the extent of
the

	3088	  	 outstanding Revolving Loans and LC Exposure of such Lender (and the Swingline Exposure of
such

	3089	  	 Lender shall be disregarded for such purpose).

		
	3090	  	 (b) (i) The Parent Borrower (on behalf of itself and the Foreign Subsidiary

	3091	  	 Borrowers) agrees to pay (A) to the Administrative Agent for the account of each Revolving
Lender a

	3092	  	 participation fee with respect to its participations in Letters of Credit, which shall accrue at
the same

	3093	  	 Applicable Rate as interest on Eurocurrency Revolving Loans made by such Lender on the average
daily

	3094	  	 amount of such Lender’s LC Exposure (excluding any portion thereof attributable to
unreimbursed LC

	3095	  	 Disbursements) during the period from and including the Restatement Date to but excluding the
later of

	3096	  	 the date on which (x) such Lender’s Revolving Commitment terminates and (y) such
Lender ceases to

	3097	  	 have any LC Exposure, and (B) to the Issuing Bank a fronting fee, which shall accrue at the
rate of

	3098	  	0.250.125% per annum on the average daily amount of the LC Exposure (excluding any portion thereof
	3099	  	 attributable to unreimbursed LC Disbursements) during the period from and including the
Restatement

	3100	  	 Date to but excluding the later of the date on which (x) all Revolving Commitments terminate
and (y) the

	3101	  	 date on which there ceases to be any LC Exposure, as well as the Issuing Bank’s standard fees
with

	3102	  	 respect to the issuance, administration, amendment, renewal or extension of any Letter of Credit
or

	3103	  	 processing of drawings thereunder; provided that in each case, notwithstanding anything to
the contrary

	3104	  	 contained in this Agreement, for purposes of calculating any fee in respect of a Letter of Credit
in respect

	3105	  	 of any Business Day, the Administrative Agent shall convert the amount available to be drawn under
any

	3106	  	 Letter of Credit denominated in an LC Foreign Currency into an amount of dollars based upon
the

  
 -69- 

			
	 3107
	  	 Exchange Rate. Participation fees and fronting fees accrued through and including the last day of
March,

	 3108
	  	 June, September and December of each year shall be payable on the third Business Day following
such

	 3109
	  	 last day, commencing on the first such date to occur after the Restatement Date; provided
that all such

	 3110
	  	 fees in respect of Letters of Credit shall be payable on the date on which the Revolving
Commitments

	 3111
	  	 terminate and any such fees accruing after the date on which the Revolving Commitments terminate
shall

	 3112
	  	 be payable on demand. Any other fees payable to the Issuing Bank pursuant to this paragraph shall
be

	 3113
	  	 payable within 10 days after demand. All participation fees and fronting fees shall be computed on
the

	 3114
	  	 basis of a year of 360 days and shall be payable for the actual number of days elapsed (including
the first

	 3115
	  	 day but excluding the last day).

		
	 3116
	  	 (c) The Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the

	 3117
	  	 Foreign Subsidiary Borrowers) agrees to pay to the Administrative Agent, for its own account,
fees

	 3118
	  	 payable in the amounts and at the times separately agreed upon between the Parent Borrower and
the

	 3119
	  	 Administrative Agent.

		
	 3120
	  	 (d) The Parent Borrower agrees to pay to the Foreign Currency Agent, for the

	 3121
	  	 account of the Fronting Lender, at the applicable office of the Foreign Currency Agent set forth
on the

	 3122
	  	 Administrative Schedule, a fronting fee with respect to each Fronted Foreign Currency Loan for
the

	 3123
	  	 period from and including the date of the Borrowing of such Foreign Currency Loan to but excluding
the

	 3124
	  	 date of repayment thereof computed at a rate of 0.25% per annum on the average daily principal
amount

	 3125
	  	 of such Fronted Foreign Currency Loan outstanding during the period for which such fee is
calculated.

	 3126
	  	 Such fronting fee shall be payable quarterly in arrears on the last day of March, June, September
and

	 3127
	  	 December of each year and on the date on which the Revolving Commitments terminate, commencing
on

	 3128
	  	 the first such date to occur after the Restatement Date.

		
	 3129
	  	 (e) With respect to any Foreign Currency Loan, the Parent Borrower shall pay to the

	 3130
	  	 Administrative Agent, for the account of the applicable Foreign Currency Loan Participants,
a

	 3131
	  	 participation fee (the “Foreign Currency Participation Fee”) for the period from
and including the date of

	 3132
	  	 the Borrowing of such Foreign Currency Loan to but excluding the date of repayment thereof,
computed

	 3133
	  	 at a rate per annum equal to the Applicable Margin with respect to Eurocurrency Loans that
are

	 3134
	  	 Revolving Loans from time to time in effect on the average daily principal amount of such
Fronted

	 3135
	  	 Foreign Currency Loans outstanding during the period for which such fee is calculated, which fee
shall be

	 3136
	  	 paid in dollars based on the Dollar Equivalent thereof. Such fee shall, with respect to each
Foreign

	 3137
	  	 Currency Loan, be payable in arrears on each Interest Payment Date to occur after the making of
such

	 3138
	  	 Foreign Currency Loan and on the date on which the Revolving Commitments terminate, commencing
on

	 3139
	  	 the first such date to occur after the Restatement Date.

		
	 3140
	  	 (f) All fees payable hereunder shall be paid on the dates due, in immediately

	 3141
	  	 available funds, to the Administrative Agent (or to the Issuing Bank, in the case of fees payable
to it) for

	 3142
	  	 distribution, in the case of Commitment Fees and participation fees, to the Lenders entitled
thereto. Fees

	 3143
	  	 paid shall not be refundable under any circumstances.

		
	 3144
	  	 SECTION 2.13 Interest.

		
	 3145
	  	 (a) The Loans comprising each ABR Borrowing (including each Swingline Loan)

	 3146
	  	 shall bear interest at the Alternate Base Rate plus the Applicable Rate.

		
	 3147
	  	 (b) The Loans comprising each Eurocurrency Borrowing shall bear interest at the

	 3148
	  	 Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable
Rate;

	 3149
	  	 provided that each Fronted Foreign Currency Loan shall bear interest for each day during
each Interest

	 3150
	  	 Period with respect thereto at a rate per annum equal to the Adjusted LIBO Rate for such
day.

  
 -70- 

			
		
	 3151
	  	 (c) Notwithstanding the foregoing, if any principal of or interest on any Loan or any

	 3152
	  	 fee or other amount payable by the Parent Borrower, the Subsidiary Term Borrowers
or the Foreign

	 3153
	  	 Subsidiary Borrowers, as the case may be, hereunder is not paid when due, whether at stated
maturity,

	 3154
	  	 upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before
judgment,

	 3155
	  	 at a rate per annum equal to (i) in the case of overdue principal of any Loan, 2% plus the
rate otherwise

	 3156
	  	 applicable to such Loan as provided in the preceding paragraphs of this Section or (ii) in
the case of any

	 3157
	  	 other overdue amount payable (A) with respect to any Loan other than a Foreign Currency Loan,
2% plus

	 3158
	  	 the rate applicable to ABR Revolving Loans and (B) with respect to any Foreign Currency Loan,
2% plus

	 3159
	  	 the rate otherwise applicable to such Loan.

		
	 3160
	  	 (d) Accrued interest on each Loan shall be payable in arrears on each Interest

	 3161
	  	 Payment Date for such Loan and, in the case of Revolving Loans, upon termination of the
Revolving

	 3162
	  	 Commitments; provided that (i) interest accrued pursuant to paragraph (c) of this
Section shall be payable

	 3163
	  	 on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a
prepayment of an

	 3164
	  	 ABR Revolving Loan prior to the end of the Revolving Availability Period), accrued interest on
the

	 3165
	  	 principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment
and (iii)

	 3166
	  	 in the event of any conversion of any Eurocurrency Loan prior to the end of the current Interest
Period

	 3167
	  	 therefor, accrued interest on such Loan shall be payable on the effective date of such
conversion.

		
	 3168
	  	 (e) All interest hereunder shall be computed on the basis of a year of 360 days,

	 3169
	  	 except that interest computed by reference to the Alternate Base Rate at times when the Alternate
Base

	 3170
	  	 Rate is based on the Prime Rate and interest computed on Foreign Currency Loans made in
Pounds

	 3171
	  	 Sterling and Australian Dollars shall be computed on the basis of a year of 365
days (or 366 days in a leap

	 3172
	  	 year), and in each case shall be payable for the actual number of days elapsed (including the
first day but

	 3173
	  	 excluding the last day). The applicable Alternate Base Rate or Adjusted LIBO Rate shall be
determined

	 3174
	  	 by the Administrative Agent, and such determination shall be conclusive absent manifest
error.

		
	 3175
	  	 SECTION 2.14 Alternate Rate of Interest. (a) If prior to the commencement of any

	 3176
	  	 Interest Period for a Eurocurrency Borrowing of any Class or currency:

		
	 3177
	  	 (ai) the Administrative Agent determines (which determination shall be
conclusive

	 3178
	  	 absent manifest error) that adequate and reasonable means (including, without limitation,
by 

	 3179
	  	 means of an Interpolated Rate) do not exist for ascertaining the Adjusted LIBO
Rate for such

	 3180
	  	 Interest Periodor the LIBO Rate, as applicable (including because the Screen
Rate is not available

	 3181
	  	 or published on a current basis), or for the applicable currency and such Interest
Period; or

		
	 3182
	  	 (bii) the Administrative Agent is advised by a majority in interest of the
Lenders of 

	 3183
	  	 the applicable Class that the Adjusted LIBO Rate or the LIBO
Rate, as applicable, for such

	 3184
	  	 Interest Period will not adequately and fairly reflect the cost to such Lenders of making
or

	 3185
	  	 maintaining their Loans included in such Borrowing for such Interest Period;

		
	 3186
	  	 then the Administrative Agent shall give notice thereof to the Parent Borrower (on behalf of the
Parent

	 3187
	  	 Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) and
the Lenders of the

	 3188
	  	 applicable Class by telephone or telecopy as promptly as practicable thereafter and, until
the

	 3189
	  	 Administrative Agent notifies the Parent Borrower (on behalf of itself, the Subsidiary
Term Borrowers 

	 3190
	  	 and the Foreign Subsidiary Borrowers) and such Lenders that the circumstances giving rise to such
notice

	 3191
	  	 no longer exist, then (i) any Interest Election Request that requests the conversion of any
Borrowing to, or

	 3192
	  	 continuation of any Borrowing as, a Eurocurrency Borrowing shall be ineffective, (ii) any
Eurocurrency

	 3193
	  	 Borrowing (other than a Borrowing of Foreign Currency Loans) that is requested to be continued,
shall be

	 3194
	  	 converted to an ABR Borrowing on the last day of the Interest Period applicable thereto,
(iii) any Foreign

  
 -71- 

			
	3195	  	 Currency Loans requested to be made on the first day of such Interest Period shall not be made and
(iv)

	3196	  	 any outstanding Foreign Currency Loans (or any outstanding Foreign Currency Loans in the
affected

	3197	  	 Foreign Currency, as applicable) shall be due and payable on the last day of the Interest Period
applicable

	3198	  	 thereto.

		
	3199	  	 (b) If at any time the Administrative Agent determines (which determination shall be 

	3200	  	 conclusive absent manifest error) that (i) the circumstances set forth in clause
(a)(i) have arisen and such 

	3201	  	 circumstances are unlikely to be temporary or (ii) the circumstances set forth in
clause (a)(i) have not 

	3202	  	 arisen but the supervisor for the administrator of a Screen Rate or a Governmental Authority
having 

	3203	  	 jurisdiction over the Administrative Agent has made a public statement identifying a specific
date after 

	3204	  	 which a Screen Rate shall no longer be used for determining interest rates for loans, then the

	3205	  	 Administrative Agent and the Parent Borrower (on behalf of the Parent Borrower and the
Foreign

	3206	  	 Subsidiary Borrowers) shall endeavor to establish an alternate rate of interest to the LIBO
Rate (in lieu of 

	3207	  	 the applicable Screen Rate) that gives due consideration to the then prevailing market
convention for 

	3208	  	 determining a rate of interest for syndicated loans in the United States at such time, and
shall enter into an 

	3209	  	 amendment to this Agreement to reflect such alternate rate of interest and such other related
changes to 

	3210	  	 this Agreement as may be applicable; provided that, if such alternate rate of interest shall be
less than 

	3211	  	 zero, such rate shall be deemed to be zero for the purposes of this Agreement. Notwithstanding
anything 

	3212	  	 to the contrary in Section 10.02, any such amendment shall become effective without
any further action or 

	3213	  	 consent of any other party to this Agreement so long as the Administrative Agent shall not have
received, 

	3214	  	 within five Business Days of the date notice of such alternate rate of interest is provided to
the Lenders, a 

	3215	  	 written notice from the Required Lenders stating that such Required Lenders object to such
amendment. 

	3216	  	 Until an alternate rate of interest shall be determined in accordance with this clause (b)
(but, in the case of 

	3217	  	 the circumstances described in clause (ii) of the first sentence of this
Section 2.14(b), only to the extent 

	3218	  	 the Screen Rate for the applicable currency and such Interest Period is not available or
published at such 

	3219	  	 time on a current basis), (w) any Interest Election Request that requests the conversion of any
Borrowing 

	3220	  	 to, or continuation of any Borrowing as, a Eurocurrency Borrowing shall be ineffective,
(x) any 

	3221	  	 Eurocurrency Borrowing (other than a Borrowing of Foreign Currency Loans) that is requested to
be 

	3222	  	 continued, shall be converted to an ABR Borrowing on the last day of the Interest Period
applicable 

	3223	  	 thereto, (y) any Foreign Currency Loans requested to be made on the first day of
such Interest Period 

	3224	  	 shall not be made and (z) any outstanding Foreign Currency Loans (or any
outstanding Foreign Currency 

	3225	  	 Loans in the affected Foreign Currency, as applicable) shall be due and payable on the last day
of the 

	3226	  	 Interest Period applicable thereto. 

		
	3227	  	 SECTION 2.15 Increased Costs.

		
	3228	  	 (a) If any Change in Law shall:

		
	3229	  	 (i) impose, modify or deem applicable any reserve, special deposit or similar

	3230	  	 requirement against assets of, deposits with or for the account of, or credit extended by, any

	3231	  	 Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate) or the Issuing

	3232	  	 Bank;

		
	3233	  	 (ii) impose on any Lender or the Issuing Bank or the London interbank market any

	3234	  	 other condition affecting this Agreement or Eurocurrency Loans made by such Lender or any

	3235	  	 Letter of Credit or participation therein; or

		
	3236	  	 (iii) subject any Lender or the Issuing Bank to any Taxes on its loans, loan
principal,

	3237	  	 Letters of Credit, commitments, or other obligations, or its deposits, reserves, other liabilities or

	3238	  	 capital attributable thereto (other than (A) Indemnified Taxes otherwise indemnifiable under

	3239	  	 Section 2.17 and (B) Excluded Taxes);

  
 -72- 

			
	3240	  	 and the result of any of the foregoing shall be to increase the cost to such Lender of making
or

	3241	  	 maintaining any Eurocurrency Loan (or of maintaining its obligation to make any such Loan) or
to

	3242	  	 increase the cost to such Lender or the Issuing Bank of participating in, issuing or maintaining
any Letter

	3243	  	 of Credit or to reduce the amount of any sum received or receivable by such Lender or the Issuing
Bank

	3244	  	 hereunder (whether of principal, interest or otherwise), then the Parent Borrower, the
applicable 

	3245	  	Subsidiary Term Borrowers or the applicable Foreign Subsidiary Borrowers, as the case may be, will pay
	3246	  	 to such Lender or the Issuing Bank, as the case may be, such additional amount or amounts as
will

	3247	  	 compensate such Lender or the Issuing Bank, as the case may be, for such additional costs incurred
or

	3248	  	 reduction suffered.

		
	3249	  	 (b) If any Lender or the Issuing Bank determines that any Change in Law regarding

	3250	  	 capital or liquidity requirements has or would have the effect of reducing the rate of return on
such

	3251	  	 Lender’s or the Issuing Bank’s capital or on the capital of such Lender’s or the
Issuing Bank’s holding

	3252	  	 company, if any, as a consequence of this Agreement or the Loans made by, or participations in
Letters of

	3253	  	 Credit held by, such Lender or the Letters of Credit issued by the Issuing Bank, to a level below
that

	3254	  	 which such Lender or the Issuing Bank or such Lender’s or the Issuing Bank’s holding
company could

	3255	  	 have achieved but for such Change in Law (taking into consideration such Lender’s or the
Issuing Bank’s

	3256	  	 policies and the policies of such Lender’s or the Issuing Bank’s holding company with
respect to capital

	3257	  	 adequacy or liquidity), then from time to time the Parent Borrower, the applicable
Subsidiary Term 

	3258	  	Borrowers or the applicable Foreign Subsidiary Borrowers, as the case may be, will pay to such Lender or
	3259	  	 the Issuing Bank, as the case may be, such additional amount or amounts as will compensate such
Lender

	3260	  	 or the Issuing Bank or such Lender’s or the Issuing Bank’s holding company for any such
reduction

	3261	  	 suffered.

		
	3262	  	 (c) If by reason of any Change in Law subsequent to the Restatement Date,

	3263	  	 disruption of currency or foreign exchange markets, war or civil disturbance or similar event, the
funding

	3264	  	 of any Foreign Currency Loan in any relevant Foreign Currency or the funding of any Foreign
Currency

	3265	  	 Loan in any relevant Foreign Currency to an office located other than in New York shall be
impossible or,

	3266	  	 in the reasonable judgment of the Fronting Lender such Foreign Currency is no longer available or
readily

	3267	  	 convertible into dollars, or the Dollar Equivalent of such Foreign Currency is no longer readily
calculable,

	3268	  	 then, at the election of the Fronting Lender, no Foreign Currency Loans in the relevant currency
shall be

	3269	  	 made or any Foreign Currency Loan in the relevant currency shall be made to an office of the
Foreign

	3270	  	 Currency Agent located in New York, as the case may be, until such time as, in the reasonable
judgment

	3271	  	 of the Fronting Lender, the funding of Foreign Currency Loans in the relevant Foreign Currency
is

	3272	  	 possible, the funding of Foreign Currency Loans in the relevant Foreign Currency to an office
located

	3273	  	 other than in New York is possible, the relevant Foreign Currency is available and readily
convertible into

	3274	  	 dollars or the Dollar Equivalent of the relevant Foreign Currency Loan is readily calculable, as
applicable.

		
	3275	  	 (d) (i) If payment in respect of any Foreign Currency Loan shall be due in a currency

	3276	  	 other than dollars and/or at a place of payment other than New York and if, by reason of any
Change in

	3277	  	 Law subsequent to the Restatement Date, disruption of currency or foreign exchange markets, war or
civil

	3278	  	 disturbance or similar event, payment of such Obligations in such currency or such place of
payment shall

	3279	  	 be impossible or, in the reasonable judgment of the Fronting Lender, such Foreign Currency is no
longer

	3280	  	 available or readily convertible to dollars, or the Dollar Equivalent of such Foreign Currency is
no longer

	3281	  	 readily calculable, then, at the election of any affected Lender, the Parent Borrower (on behalf
of itself

	3282	  	 and the Foreign Subsidiary Borrowers) shall make payment of such Loan in dollars (based upon
the

	3283	  	 Exchange Rate in effect for the day on which such payment occurs, as determined by the
Administrative

  
 -73- 

			
	3284	  	 Agent in accordance with the terms hereof) and/or in New York or (ii) if any Foreign Currency
in which

	3285	  	 Loans are outstanding is redenominated then, at the election of any affected Lender, such affected
Loan

	3286	  	 and all obligations of the Parent Borrower or any applicable Foreign Subsidiary Borrower in
respect

	3287	  	 thereof shall be converted into obligations in dollars (based upon the Exchange Rate in effect on
such

	3288	  	 date, as determined by the Administrative Agent in accordance with the terms hereof), and, in each
case,

	3289	  	 the Parent Borrower (on behalf of itself and the Foreign Subsidiary Borrowers) shall indemnify
the

	3290	  	 Lenders, against any currency exchange losses or reasonable out-of-pocket expenses that it shall sustain

	3291	  	 as a result of such alternative payment.

		
	3292	  	 (e) A certificate of a Lender or the Issuing Bank setting forth the amount or amounts

	3293	  	 necessary to compensate such Lender or the Issuing Bank or its holding company, as the case may
be, as

	3294	  	 specified in paragraph (a) or (b) of this Section shall be delivered to the Parent Borrower
(on behalf of

	3295	  	 itself, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) and
shall be conclusive

	3296	  	 absent manifest error. The Parent Borrower, the applicable Subsidiary Term
Borrowers or the applicable

	3297	  	 Foreign Subsidiary Borrowers, as the case may be, shall pay such Lender or the Issuing Bank, as
the case

	3298	  	 may be, the amount shown as due on any such certificate within 10 days after receipt
thereof.

		
	3299	  	 (f) Failure or delay on the part of any Lender or the Issuing Bank to demand

	3300	  	 compensation pursuant to this Section shall not constitute a waiver of such Lender’s or the
Issuing Bank’s

	3301	  	 right to demand such compensation; provided that none of the Parent Borrower, any
Subsidiary Term 

	3302	  	Borrower or any Foreign Subsidiary Borrower shall be required to compensate a Lender or the Issuing
	3303	  	 Bank pursuant to this Section for any increased costs or reductions incurred more than 270 days
prior to

	3304	  	 the date that such Lender or the Issuing Bank, as the case may be, notifies the Parent Borrower
(on behalf

	3305	  	 of itself, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) of
the Change in Law

	3306	  	 giving rise to such increased costs or reductions and of such Lender’s or the Issuing
Bank’s intention to

	3307	  	 claim compensation therefor; provided further that, if the Change in Law giving rise
to such increased

	3308	  	 costs or reductions is retroactive, then the 270-day
period referred to above shall be extended to include

	3309	  	 the period of retroactive effect thereof.

		
	3310	  	 SECTION 2.16 Break Funding Payments. In the event of (a) the payment of any

	3311	  	 principal of any Eurocurrency Loan other than on the last day of an Interest Period applicable
thereto

	3312	  	 (including as a result of an Event of Default), (b) the conversion of any Eurocurrency Loan other
than on

	3313	  	 the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert,
continue or prepay

	3314	  	 any Revolving Loan or Term Loan on the date specified in any notice delivered
pursuant hereto

	3315	  	 (regardless of whether such notice may be revoked under Section 2.11(f) and is revoked in
accordance

	3316	  	 therewith), or (d) the assignment of any Eurocurrency Loan other than on the last day of the
Interest

	3317	  	 Period applicable thereto as a result of a request by the Parent Borrower, any Subsidiary
Term Borrower 

	3318	  	 or any Foreign Subsidiary Borrower pursuant to Section 2.19, then, in any such event, the
Parent

	3319	  	 Borrower, the applicable Subsidiary Term Borrower or the applicable Foreign
Subsidiary Borrower, as

	3320	  	 the case may be, shall compensate each Lender for the loss, cost and expense attributable to such
event.

	3321	  	 In the case of a Eurocurrency Loan, such loss, cost or expense to any Lender shall be deemed to
include

	3322	  	 an amount determined by such Lender to be the excess, if any, of (i) the amount of interest
that would

	3323	  	 have accrued on the principal amount of such Loan had such event not occurred, at the Adjusted
LIBO

	3324	  	 Rate that would have been applicable to such Loan, for the period from the date of such event to
the last

	3325	  	 day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert
or continue,

	3326	  	 for the period that would have been the Interest Period for such Loan), over (ii) the amount
of interest that

	3327	  	 would accrue on such principal amount for such period at the interest rate which such Lender would
bid

	3328	  	 were it to bid, at the commencement of such period, for deposits in the applicable currency of
a

	3329	  	 comparable amount and period from other banks in the Eurocurrency market. A certificate of any
Lender

	3330	  	 setting forth any amount or amounts that such Lender is entitled to receive pursuant to this
Section shall

  
 -74- 

			
	 3331
	  	 be delivered to the Parent Borrower (on behalf of itself, the Subsidiary Term
Borrowers and the Foreign

	 3332
	  	 Subsidiary Borrowers) and shall be conclusive absent manifest error. The Parent Borrower,
the 

	 3333
	  	applicable Subsidiary Term Borrower or the applicable Foreign Subsidiary Borrower, as the case may be,
	 3334
	  	 shall pay such Lender the amount shown as due on any such certificate within 10 days after
receipt

	 3335
	  	 thereof.

		
	 3336
	  	 SECTION 2.17 Taxes.

		
	 3337
	  	 (a) Any and all payments by or on account of any obligation of the Parent Borrower, 

	 3338
	  	any Subsidiary Term Borrower or any Foreign Subsidiary Borrower hereunder or under any other Loan
	 3339
	  	 Document shall be made free and clear of and without deduction for any Indemnified Taxes;
provided

	 3340
	  	 that if the Parent Borrower, any Subsidiary Term Borrower or any Foreign
Subsidiary Borrower (the

	 3341
	  	 “Applicable Borrower”) or the Administrative Agent shall be required to deduct
any Indemnified Taxes

	 3342
	  	 from such payments, then (i) the sum payable shall be increased as necessary so that after
making all

	 3343
	  	 required deductions (including deductions applicable to additional sums payable under this
Section) the

	 3344
	  	 Administrative Agent or the Lender (as the case may be) receives an amount equal to the sum it
would

	 3345
	  	 have received had no such deductions been made, (ii) the Applicable Borrower or the
Administrative

	 3346
	  	 Agent shall make such deductions and (iii) the Applicable Borrower or the Administrative
Agent shall

	 3347
	  	 pay the full amount deducted to the relevant Governmental Authority in accordance with applicable
law.

		
	 3348
	  	 (b) In addition, the Applicable Borrower shall timely pay any Other Taxes to the

	 3349
	  	 relevant Governmental Authority in accordance with applicable law, or at the option of the

	 3350
	  	 Administrative Agent timely reimburse it for the payment of any Other Taxes.

		
	 3351
	  	 (c) The Applicable Borrower shall indemnify the Administrative Agent, each Lender

	 3352
	  	 and the Issuing Bank, within 10 Business Days after written demand therefor, for the full amount
of any

	 3353
	  	 Indemnified Taxes paid by the Administrative Agent, such Lender or the Issuing Bank, as the case
may

	 3354
	  	 be, on or with respect to any payment by or on account of any obligation of the Applicable
Borrower,

	 3355
	  	 hereunder or under any other Loan Document (including Indemnified Taxes imposed or asserted on
or

	 3356
	  	 attributable to amounts payable under this Section) and any reasonable expenses arising therefrom
or with

	 3357
	  	 respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or
asserted by

	 3358
	  	 the relevant Governmental Authority. A certificate as to the amount of such payment or
liability

	 3359
	  	 delivered to the Applicable Borrower by a Lender (with a copy to the Administrative Agent)
or by the

	 3360
	  	 Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent
manifest

	 3361
	  	 error.

		
	 3362
	  	 (d) As soon as practicable after any payment of Indemnified Taxes or Other Taxes

	 3363
	  	 by the Applicable Borrower to a Governmental Authority, the Applicable Borrower shall deliver to
the

	 3364
	  	 Administrative Agent the original or a certified copy of a receipt issued by such Governmental
Authority

	 3365
	  	 evidencing such payment, a copy of the return reporting such payment or other evidence of such
payment

	 3366
	  	 reasonably satisfactory to the Administrative Agent.

		
	 3367
	  	 (e) Each Lender shall severally indemnify the Administrative Agent for any Taxes

	 3368
	  	 (but, in the case of any Indemnified Taxes, only to the extent that any Loan Party has not
already

	 3369
	  	 indemnified the Administrative Agent for such Indemnified Taxes and without limiting or expanding
the

	 3370
	  	 obligation of the Applicable Borrower to do so) attributable to such Lender that are paid or
payable by the

	 3371
	  	 Administrative Agent in connection with any Loan Document and any reasonable expenses
arising

	 3372
	  	 therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or
asserted

	 3373
	  	 by the relevant Governmental Authority. The indemnity under this Section shall be paid within 10
days

	 3374
	  	 after the Administrative Agent delivers to the applicable Lender a certificate stating the amount
of Taxes

	 3375
	  	 so paid or payable by the Administrative Agent. Such certificate shall be conclusive of the amount
so

	 3376
	  	 paid or payable absent manifest
error.

  
 -75- 

			
	 3377
	  	 (f) Any Lender that is entitled to an exemption from, or reduction of, any applicable

	 3378
	  	 withholding Tax with respect to any payments under any Loan Document shall deliver to the
Parent

	 3379
	  	 Borrower (on behalf of itself, the Subsidiary Term Borrowers and the Foreign
Subsidiary Borrowers)

	 3380
	  	 (with a copy to the Administrative Agent), at the time or times prescribed by applicable law,
such

	 3381
	  	 properly completed and executed documentation prescribed by applicable law or reasonably requested
by

	 3382
	  	 the Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the
Foreign Subsidiary

	 3383
	  	 Borrowers) or the Administrative Agent as will permit such payments to be made without
withholding, or

	 3384
	  	 at a reduced rate of, withholding. In addition, any Lender, if reasonably requested by the
Parent Borrower 

	 3385
	  	 or the Administrate Agent, shall deliver such other documentation prescribed by applicable law
or 

	 3386
	  	 reasonably requested by the Parent Borrower or the Administrative Agent as will enable the
Parent 

	 3387
	  	 Borrower or the Administrative Agent to determine whether or not such Lender is subject to
backup 

	 3388
	  	 withholding or information reporting requirements. If any form or certification previously
delivered

	 3389
	  	 pursuant to this Section expires or becomes obsolete or inaccurate in any respect with respect to
a Lender,

	 3390
	  	 such Lender shall promptly (and in any event within 10 Business Days after such expiration,
obsolescence

	 3391
	  	 or inaccuracy) notify the Parent Borrower (on behalf of itself, the Subsidiary Term
Borrowers and the

	 3392
	  	 Foreign Subsidiary Borrowers) and the Administrative Agent in writing of such expiration,
obsolescence

	 3393
	  	 or inaccuracy and update the form or certification if it is legally eligible to do
so.

		
	 3394
	  	 (i) Without limiting the generality of the foregoing, with respect to any Loan made

	 3395
	  	 to the Parent Borrower, a Subsidiary Term Borrower or a Foreign Subsidiary Borrower that is
or

	 3396
	  	 deemed a U.S. Person (the “Applicable U.S. Borrower”), any Lender shall, to the extent it
is

	 3397
	  	 legally eligible to do so, deliver to the Applicable U.S. Borrower and the Administrative Agent

	 3398
	  	 (in such number of copies reasonably requested by the Applicable U.S. Borrower and the

	 3399
	  	 Administrative Agent) on or prior to the date on which such Lender becomes a party hereto, duly

	 3400
	  	 completed and executed copies of whichever of the following is applicable:

		
	 3401
	  	 (A) in the case of a Lender that is a U.S. Person, IRS Form
W-9 certifying

	 3402
	  	 that such Lender is exempt from U.S. Federal backup withholding tax;

		
	 3403
	  	 (B) in the case of a Non-U.S. Lender claiming the benefits
of an income tax

	 3404
	  	 treaty to which the United States is a party (1) with respect to payments of interest under

	 3405
	  	 any Loan Document, the applicable IRS Form W-8BEN or W-8BEN-E establishing an

	 3406
	  	 exemption from, or reduction of, U.S. Federal withholding Tax pursuant to the “interest”

	 3407
	  	 article of such tax treaty and (2) with respect to any other applicable payments under this

	 3408
	  	 Agreement, the applicable IRS Form W-8BEN or W-8BEN-E establishing an exemption

	 3409
	  	 from, or reduction of, U.S. Federal withholding Tax pursuant to the “business profits” or

	 3410
	  	 “other income” article of such tax treaty;

		
	 3411
	  	 (C) in the case of a Non-U.S. Lender for whom payments
under this

	 3412
	  	 Agreement constitute income that is effectively connected with such Lender’s conduct of

	 3413
	  	 a trade or business in the United States, IRS Form W-8ECI;

		
	 3414
	  	 (D) in the case of a Non-U.S. Lender claiming the benefits
of the exemption

	 3415
	  	 for portfolio interest under Section 881(c) of the Code both (1) the applicable IRS Form

	 3416
	  	 W-8BEN or
W-8BEN-E and (2) a certificate substantially in the form of Exhibit I (a

	 3417
	  	 “U.S. Tax Certificate”) to the effect that such
Lender is not (a) a “bank” within the

	 3418
	  	 meaning of Section 881(c)(3)(A) of the Code, (b) a “10 percent shareholder” of
the

  
 -76- 

			
	 3419
	  	 Applicable U.S. Borrower within the meaning of Section 881(c)(3)(B) of the Code
(c) a

	 3420
	  	 “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code and
(d)

	 3421
	  	 conducting a trade or business in the United States with which the relevant interest

	 3422
	  	 payments are effectively connected (a “U.S. Tax Certificate”);

		
	 3423
	  	 (E) in the case of a Non-U.S. Lender that is not the
beneficial owner of

	 3424
	  	 payments made under this Agreement (including a partnership or a participating
Lender)

	 3425
	  	 (1) an IRS Form W-8IMY on behalf of itself
and (2) the relevant forms prescribed in 

	 3426
	  	 clauses (A), (B), (C), (D) and (F) of this paragraph (g)(ii) that would be required of
each

	 3427
	  	 such, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or IRS Form
W-8BEN-E,

	 3428
	  	 as applicable, and (2) a U.S. Tax Certificate substantially in the form of Exhibit I-2 or 

	 3429
	  	 Exhibit I-3, IRS Form
W-9, and/or other certification documents from each beneficial

	 3430
	  	 owner or partner of such partnership if such beneficial owner or partner
were a Lender, as 

	 3431
	  	 applicable; provided, however, that if the Lender is a partnership and one or
more of its

	 3432
	  	 partners are claiming the exemption for portfolio interest under Section 881(c) of
the

	 3433
	  	 Code, such Lender may provide a U.S. Tax Certificate substantially in the form of

	 3434
	  	 Exhibit I-4 on behalf of each such
partnerspartner; or

		
	 3435
	  	 (F) any other form prescribed by law as a basis for claiming exemption from,

	 3436
	  	 or a reduction of, U.S. Federal withholding Tax together with such supplementary

	 3437
	  	 documentation necessary to enable the Applicable U.S. Borrower or the Administrative

	 3438
	  	 Agent to determine the amount of Tax (if any) required by law to be withheld.

		
	 3439
	  	     (ii) If a payment made to a Lender under any Loan Document would be subject
to

	 3440
	  	 U.S. Federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the

	 3441
	  	 applicable reporting requirements of FATCA (including those contained in Section 1471(b) or

	 3442
	  	 1472(b) of the Code, as applicable), such Lender shall deliver to the Applicable U.S. Borrower

	 3443
	  	 and the Administrative Agent, at the time or times prescribed by law and at such time or times

	 3444
	  	 reasonably requested by the Applicable U.S. Borrower or the Administrative Agent, such

	 3445
	  	 documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i)

	 3446
	  	 of the Code) and such additional documentation reasonably requested by the Applicable U.S.

	 3447
	  	 Borrower or the Administrative Agent as may be necessary for the Applicable U.S. Borrower or

	 3448
	  	 the Administrative Agent, to comply with its obligations under FATCA, to determine that such

	 3449
	  	 Lender has or has not complied with such Lender’s obligations under FATCA and, as necessary,

	 3450
	  	 to determine the amount to deduct and withhold from such payment. Solely for purposes of this

	 3451
	  	 Section 2.17(f)(ii), “FATCA” shall include any amendments made to FATCA after the

	 3452
	  	 Restatement Date.

		
	 3453
	  	 Each Lender hereby authorizes the Administrative Agent to deliver to the Loan Parties 

	 3454
	  	 and to any successor Administrative Agent any documentation provided by such Lender to the

	 3455
	  	 Administrative Agent pursuant to Section 2.17(f). 

		
	 3456
	  	 For purposes of determining withholding Taxes imposed under FATCA, from and after

	 3457
	  	 the Restatement Date, the Parent Borrower (on behalf of itself and the Foreign Subsidiary
Borrowers) and

	 3458
	  	 the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent
to treat)

	 3459
	  	 the Loan Documents as not qualifying as a “grandfathered obligation” within the
meaning of Treasury

	 3460
	  	 Regulation
Section 1.1471-2(b)(2)(i)

  
 -77- 

			
		
	 3461
	  	 (g) If any party determines, in its sole discretion exercised in good faith, that it has

	 3462
	  	 received a refund of any Indemnified Taxes (including additional amounts paid pursuant to this
Section

	 3463
	  	 2.17), it shall pay to the indemnifying party an amount equal to such refund (but only to the
extent of

	 3464
	  	 indemnity payments made, or additional amounts paid, under this Section 2.17 with respect to
the

	 3465
	  	 Indemnified Taxes giving rise to such refund), net of all out-of-pocket expenses (including any Taxes) of

	 3466
	  	 such indemnified party and without interest (other than any interest paid by the relevant
Governmental

	 3467
	  	 Authority with respect to such refund); provided, however, that such indemnifying
party, upon the request

	 3468
	  	 of such indemnified party, agrees to repay to such indemnified party the amount paid to such
indemnified

	 3469
	  	 party pursuant to the previous sentence (plus any penalties, interest or other charges imposed by
the

	 3470
	  	 relevant Governmental Authority) in the event such indemnified party is required to repay such
refund to

	 3471
	  	 such Governmental Authority. Nothing contained in this Section 2.17(g) shall require any
indemnified

	 3472
	  	 party to make available its Tax returns or any other information relating to its Taxes which it
deems

	 3473
	  	 confidential to the indemnifying party or any other Person.

		
	 3474
	  	 (h) For purposes of Section 2.17, the term “Lender” includes any Issuing Bank.

		
	 3475
	  	 (i) For purposes of determining withholding Taxes imposed under FATCA, from

	 3476
	  	 and after the Restatement Date, the Parent Borrower (on behalf of itself, the Subsidiary
Term Borrowers 

	 3477
	  	 and the Foreign Subsidiary Borrowers) and the Administrative Agent shall treat (and the
Lenders hereby

	 3478
	  	 authorize the Administrative Agent to treat) the Loan Documents as not qualifying as a
“grandfathered

	 3479
	  	 obligation” within the meaning of Treasury Regulation
Section 1.1471-2(b)(2)(i). 

		
	 3480
	  	 (ji) Without limiting the provisions of Section 2.17(g), if a UK Tax Deduction
is

	 3481
	  	 required by law to be made by a Loan Party from an Applicable UK Payment to a Revolving Lender
which

	 3482
	  	 is a Treaty Lender and any Loan Party makes an increased payment to that Treaty Lender under
Sections

	 3483
	  	 2.17(a) or 2.17(c) in respect of that UK Tax Deduction but the Treaty Lender is or becomes
entitled to a

	 3484
	  	 refund of the relevant Tax by virtue of the relevant Treaty (a “Treaty Rebate”),
the Treaty Lender shall,

	 3485
	  	 following written request to do so from the relevant Loan Party, use commercially
reasonable

	 3486
	  	 endeavoursendeavors to claim that Treaty Rebate from the relevant
Governmental Authority and shall pay

	 3487
	  	 to the relevant Loan Party a sum equal to the amount of that Treaty Rebate, net of all out-of-pocket

	 3488
	  	 expenses (including any Taxes) and without interest (other than any interest paid by the
relevant

	 3489
	  	 Governmental Authority in respect of such refund), as soon as reasonably practicable following
receipt of

	 3490
	  	 the Treaty Rebate from the relevant Governmental Authority. Nothing contained in this
Section 2.17(j)

	 3491
	  	 shall require any Treaty Lender to make available its Tax returns or any other information
relating to its

	 3492
	  	 Taxes which it deems confidential to that Lender or any other person.

		
	 3493
	  	 (kj) Notwithstanding anything to the contrary in any other provision of this
Section

	 3494
	  	 2.17, in the case of any UK Loan, no payment by any Loan Party under any Loan Document to
that

	 3495
	  	 Revolving Lender in connection with that UK Loan (an “Applicable UK Payment”)
shall be increased

	 3496
	  	 pursuant to Section 2.17(a) by reason of any deduction or withholding on account of Taxes
imposed by

	 3497
	  	 the United Kingdom (a “UK Tax Deduction”) and no Loan Party shall be liable to
make any payment

	 3498
	  	 under Section 2.17(c) to a Revolving Lender as a result of or in connection with any such UK
Tax

	 3499
	  	 Deduction if, on the date on which the Applicable UK Payment falls due:

		
	 3500
	  	 (i) the payment could have been made to the relevant Lender without a UK Tax

	 3501
	  	 Deduction if the Lender had been a Qualifying Lender but, on that date, that Lender is not or has

	 3502
	  	 ceased to be a Qualifying Lender other than as a result of any change after the date it became a

	 3503
	  	 Lender under this Agreement in (or in the interpretation, administration, or application of) any

	 3504
	  	 law or Treaty or any published practice or published concession of any relevant taxing authority;

	 3505
	  	 or

  
 -78- 

			
	3506	  	 (ii) the relevant Lender is a Qualifying Lender solely by virtue of clause (a)(ii) of
the

	3507	  	 definition of Qualifying Lender, and:

		
	3508	  	 (A) an officer of H.M. Revenue & Customs has given (and not revoked) a

	3509	  	 direction (a “Direction”) under section 931 of the ITA which relates to the payment and

	3510	  	 that Lender has received from the UK Borrower making the payment a certified copy of

	3511	  	 that Direction; and

		
	3512	  	 (B) the payment could have been made to the Lender without any UK Tax

	3513	  	 Deduction if that Direction had not been made; or

		
	3514	  	 (iii) the relevant Lender is a Qualifying Lender solely by virtue of clause (a)(ii) of
the

	3515	  	 definition of Qualifying Lender and:

		
	3516	  	 (A) the relevant Lender has not given a Tax Confirmation to the UK

	3517	  	 Borrower; and

		
	3518	  	 (B) the payment could have been made to the Lender without any UK Tax

	3519	  	 Deduction if the Lender had given a Tax Confirmation to the UK Borrower, on the basis

	3520	  	 that the Tax Confirmation would have enabled the UK Borrower to have formed a

	3521	  	 reasonable belief that the payment was an “excepted payment” for the purpose of section

	3522	  	 930 of the ITA; or

		
	3523	  	 (iv) the relevant Lender is a Treaty Lender and the Loan Party making the payment is

	3524	  	 able to demonstrate that the payment could have been made to the Lender without a UK Tax

	3525	  	 Deduction had the Lender complied with its obligations under paragraphs (l)(i) and (l)(iii) below.

		
	3526	  	 (lk) Without limiting the provisions of Section 2.17(f):

		
	3527	  	 (i) a Treaty Lender and each relevant UK Borrower which makes a payment to

	3528	  	 which that Treaty Lender is entitled shall co-operate in completing any
procedural formalities

	3529	  	 necessary for that Loan Party to obtain authorisation to make that payment without a UK Tax

	3530	  	 Deduction and, upon satisfying a. or b. below, such Treaty Lender shall be deemed to have

	3531	  	 satisfied its obligations under this paragraph:

		
	3532	  	 (A) a Treaty Lender which (a) is a party to this Agreement on the date on

	3533	  	 which a UK Borrower becomes a party to this Agreement pursuant to Section 2.20,(b)

	3534	  	 wishes to lend to that UK Borrower, and (c) holds a passport under the HMRC DT Treaty

	3535	  	 Passport scheme which it wishes to apply to this Agreement, shall confirm its scheme

	3536	  	 reference number and its jurisdiction of tax residence in writing to the Parent Borrower

	3537	  	 and the Administrative Agent on or before (y) the date on which the UK Borrower

	3538	  	 becomes a party to this Agreement or, if later, (z) the date falling 5 Business Days after

	3539	  	 the Administrative Agent has notified the Treaty Lender that the UK Borrower has or will

	3540	  	 become a party to this Agreement in accordance with Section 2.20;

		
	3541	  	 (B) a Treaty Lender which (a) becomes a party to this Agreement after the

	3542	  	 date on which a UK Borrower has become a party to this Agreement pursuant to Section

	3543	  	 2.20, (b) wishes to lend to that UK Borrower, and (c) holds a passport under the HMRC

	3544	  	 DT Treaty Passport scheme which it wishes to apply to this Agreement, shall confirm its

	3545	  	 scheme reference number and its jurisdiction of tax residence in writing to the Parent

	 3546
	  	 Borrower and the Administrative Agent on or before the date on which it becomes a party

	 3547
	  	 to this Agreement;

  
 -79- 

			
	 3548
	  	 (ii) (within 30 days of a Treaty Lender satisfying a. or b. in paragraph (i) above,
each

	 3549
	  	 relevant UK Borrower shall duly complete and file an HM Revenue & Customs form DTTP2

	 3550
	  	 which contains the Treaty Lender’s scheme reference number and jurisdiction of tax residence as

	 3551
	  	 notified to the Parent Borrower in accordance with a. or b. in paragraph (i) above (a
“UK

	 3552
	  	 Borrower DTTP Filing”);

		
	 3553
	  	 (iii) if a Treaty Lender has confirmed its scheme reference number and its
jurisdiction

	 3554
	  	 of tax residence in accordance with a. or b. of paragraph (i) above and:

		
	 3555
	  	 (A) a UK Borrower making a payment to that Treaty Lender has not made a

	 3556
	  	 UK Borrower DTTP Filing in respect of that Lender within the period provided for in

	 3557
	  	 paragraph (ii) above; or

		
	 3558
	  	 (B) a UK Borrower making a payment to that Treaty Lender has made a UK

	 3559
	  	 Borrower DTTP Filing in respect of that Treaty Lender but:

		
	 3560
	  	 (i) that UK Borrower DTTP Filing has been rejected by HM

	 3561
	  	 Revenue & Customs; or

		
	 3562
	  	 (ii) HM Revenue & Customs has not given the UK Borrower

	 3563
	  	 authority to make payments to that Treaty Lender without a UK Tax Deduction

	 3564
	  	 within 60 days of the date of the UK Borrower DTTP Filing,

		
	 3565
	  	 and in each case, the UK Borrower has notified that Treaty Lender in writing, that Treaty

	 3566
	  	 Lender and the UK Borrower shall co-operate in completing any additional
procedural

	 3567
	  	 formalities necessary for that UK Borrower to obtain authorisation to make that payment

	 3568
	  	 without a UK Tax Deduction;

		
	 3569
	  	 (iv) if a Lender has not confirmed its scheme reference number and jurisdiction of
tax

	 3570
	  	 residence in accordance with a. or b. in paragraph (i) above, no Loan Party shall make a UK

	 3571
	  	 Borrower DTTP Filing or file any other form relating to the HMRC DT Treaty Passport scheme

	 3572
	  	 in respect of that Lender’s Commitment(s) or its participation in any Loan unless the Lender

	 3573
	  	 otherwise agrees;

		
	 3574
	  	 (v) a UK Borrower shall, promptly on making a UK Borrower DTTP Filing, deliver

	 3575
	  	 a copy of that UK Borrower DTTP Filing to the Administrative Agent for delivery to the relevant

	 3576
	  	 Lender.

		
	 3577
	  	 (ml) A Lender which is a Qualifying Lender solely by virtue of clause (a)(ii) of
the

	 3578
	  	 definition of Qualifying Lender:

		
	 3579
	  	 (i) which wishes to lend to a UK Borrower and which is a party to this Agreement

	 3580
	  	 on the date on which that UK Borrower becomes a party to this Agreement pursuant to Section

	 3581
	  	 2.20 shall give a Tax Confirmation to the Parent Borrower on or before the date on which the UK

	 3582
	  	 Borrower becomes a party to this Agreement or, if later, the date falling 5 Business Days after the

	 3583
	  	 Administrative Agent has notified the Lender that the UK Borrower has or will become a party to

	 3584
	  	 this Agreement in accordance with Section 2.20;

  
 -80- 

			
	 3585
	  	 (ii) which wishes to lend to a UK Borrower and which becomes a party to this

	 3586
	  	 Agreement after the date on which that UK Borrower has become a party to this Agreement

	 3587
	  	 pursuant to Section 2.20 shall give a Tax Confirmation to the Parent Borrower on or before the

	 3588
	  	 date on which it becomes a party to this Agreement; and

		
	 3589
	  	 (iii) shall promptly notify the Parent Borrower if there is any change in the
position

	 3590
	  	 from that set out in its Tax Confirmation.

		
	 3591
	  	 SECTION 2.18 Payments Generally; Pro Rata Treatment; Sharing of
Set-offs.

		
	 3592
	  	 (a) The Parent Borrower (on behalf of itself, the Subsidiary Term Borrowers and the

	 3593
	  	 Foreign Subsidiary Borrowers) shall make each payment (other than any payment in respect of
the

	 3594
	  	 principal or interest on, or the fronting fee with respect to, the Foreign Currency Loans or
reimbursement

	 3595
	  	 of LC Disbursements made in LC Foreign Currencies) required to be made by it hereunder or under
any

	 3596
	  	 other Loan Document (whether of principal, interest or fees or reimbursement of LC Disbursements,
or of

	 3597
	  	 amounts payable under Section 2.15, 2.16 or 2.17, or otherwise), on or before the time
expressly required

	 3598
	  	 hereunder or under such other Loan Document for such payment (or, if no such time is
expressly

	 3599
	  	 required, prior to 12:00 noon, New York City time), on the date when due, in immediately
available

	 3600
	  	 funds, without set-off or counterclaim. The Parent
Borrower (on behalf of itself, the Subsidiary Term 

	 3601
	  	Borrowers and the Foreign Subsidiary Borrowers) shall make each payment in respect of the principal or
	 3602
	  	 interest on, or the fronting fee with respect to, the Foreign Currency Loans or reimbursement of
LC

	 3603
	  	 Disbursements made in LC Foreign Currencies, in each case, required to be made by it hereunder
or

	 3604
	  	 under any other Loan Document, on or before the time expressly required hereunder or under such
other

	 3605
	  	 Loan Document for such payment (or, if no such time is expressly required, prior to the time for
payment

	 3606
	  	 for the relevant currency set forth on the Administrative Schedule), on the date when due, in
immediately

	 3607
	  	 available funds, without set-off or counterclaim. Any
amounts received after such time on any date may,

	 3608
	  	 in the discretion of the Administrative Agent or Foreign Currency Agent, as applicable, be deemed
to

	 3609
	  	 have been received on the next succeeding Business Day for purposes of calculating interest
thereon. All

	 3610
	  	 such payments (other than payments on account of principal or interest on, or the fronting fee
with respect

	 3611
	  	 to, Foreign Currency Loans and reimbursements of LC Disbursements made in LC Foreign
Currencies)

	 3612
	  	 shall be made to the Administrative Agent at its offices at 383 Madison Avenue, New York, New
York

	 3613
	  	 (or such other office as notified by the Administrative Agent to the Parent Borrower in
writing), except

	 3614
	  	 that payments to be made directly to the Issuing Bank or Swingline Lenders as expressly provided
herein

	 3615
	  	 shall be so made and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 10.03 shall be
made

	 3616
	  	 directly to the Persons entitled thereto and payments pursuant to other Loan Documents shall be
made to

	 3617
	  	 the Persons specified therein. All payments on account of principal or interest on, or the
fronting fee with

	 3618
	  	 respect to, Foreign Currency Loans and reimbursements of LC Disbursements made in LC
Foreign

	 3619
	  	 Currencies shall be made to the Foreign Currency Agent, for the account of the applicable
Foreign

	 3620
	  	 Currency Lenders (or, with respect to the fronting fee, the Fronting Lender) at the office set
forth on the

	 3621
	  	 Administrative Schedule. The Administrative Agent or the Foreign Currency Agent, as applicable,
shall

	 3622
	  	 distribute any such payments received by it for the account of any other Person to the
appropriate

	 3623
	  	 recipient promptly following receipt thereof. If any payment under any Loan Document shall be due
on a

	 3624
	  	 day that is not a Business Day, the date for payment shall be extended to the next succeeding
Business

	 3625
	  	 Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the
period of

	 3626
	  	 such extension. Subject to Section 9.01, all payments (including prepayments) to be made by
the Parent

	 3627
	  	 Borrower (on behalf of itself, the Subsidiary Term Borrowers and the Foreign
Subsidiary Borrowers)

	 3628
	  	 hereunder and under each other Loan Document, whether on account of principal, interest, fees
or

	 3629
	  	 otherwise (other than payments in respect of the principal or interest on, or the fronting fee
with respect

	 3630
	  	 to, the Foreign Currency Loans or reimbursement of LC Disbursements made in LC Foreign
Currencies)

	 3631
	  	 shall be made in dollars. Subject to Section 9.01 and other than as set forth in
Section 2.05 or Section

  
 -81- 

			
	 3632
	  	 2.24(d), all payments (including prepayments) to be made by the Parent Borrower (on behalf of
itself, the 

	 3633
	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) hereunder or under each other Loan
	 3634
	  	 Document on account of principal or interest on, or the fronting fee with respect to, the Foreign
Currency

	 3635
	  	 Loans and reimbursements of LC Disbursements made in LC Foreign Currencies shall be made in
the

	 3636
	  	 relevant Foreign Currency. To the extent prohibited by applicable law, as described in the
definition of

	 3637
	  	 “Excluded Swap Obligation,” no amounts received from, or set off with respect to, any
Loan Party shall

	 3638
	  	 be applied to any Excluded Swap Obligations of such Loan Party.

		
	 3639
	  	 (b) If at any time insufficient funds are received by and available to the

	 3640
	  	 Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements,
interest and

	 3641
	  	 fees then due hereunder, such funds shall be applied (i) first, towards payment of interest
and fees then

	 3642
	  	 due hereunder, ratably among the parties entitled thereto in accordance with the amounts of
interest and

	 3643
	  	 fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed
LC

	 3644
	  	 Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with
the

	 3645
	  	 amounts of principal and unreimbursed LC Disbursements then due to such parties.

		
	 3646
	  	 (c) If any Lender shall, by exercising any right of set-off or counterclaim
or

	 3647
	  	 otherwise, obtain payment in respect of any principal of or interest on any of its Revolving
Loans, 

	 3648
	  	Tranche A Term Loans or participations in LC Disbursements or Swingline Loans resulting in such
	 3649
	  	 Lender receiving payment of a greater proportion of the aggregate amount of its Revolving
Loans, 

	 3650
	  	Tranche A Term Loans and participations in LC Disbursements and Swingline Loans and accrued interest
	 3651
	  	 thereon than the proportion received by any other Lender, then the Lender receiving such
greater

	 3652
	  	 proportion shall purchase (for cash at face value) participations in the Revolving Loans,
Tranche A Term 

	 3653
	  	Loans and participations in LC Disbursements and Swingline Loans of other Lenders to the extent
	 3654
	  	 necessary so that the benefit of all such payments shall be shared by the Lenders ratably in
accordance

	 3655
	  	 with the aggregate amount of principal of and accrued interest on their respective Revolving
Loans, 

	 3656
	  	Tranche A Term Loans and participations in LC Disbursements and Swingline Loans; provided that (i) if
	 3657
	  	 any such participations are purchased and all or any portion of the payment giving rise thereto
is

	 3658
	  	 recovered, such participations shall be rescinded and the purchase price restored to the extent of
such

	 3659
	  	 recovery, without interest, and (ii) the provisions of this paragraph shall not be construed
to apply to any

	 3660
	  	 payment made by the Parent Borrower, any Subsidiary Term Borrower or any Foreign
Subsidiary

	 3661
	  	 Borrower pursuant to and in accordance with the express terms of this Agreement or any
payment

	 3662
	  	 obtained by a Lender as consideration for the assignment of or sale of a participation in any of
its Loans

	 3663
	  	 or participations in LC Disbursements to any assignee or participant, other than to the Parent
Borrower or

	 3664
	  	 any Subsidiary or Affiliate thereof (as to which the provisions of this paragraph shall apply).
The Parent

	 3665
	  	 Borrower, each Subsidiary Term Borrower and each Foreign Subsidiary Borrower
consents to the

	 3666
	  	 foregoing and agrees, to the extent it may effectively do so under applicable law, that any
Lender

	 3667
	  	 acquiring a participation pursuant to the foregoing arrangements may exercise against the
Parent

	 3668
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower, as the
case may be, rights

	 3669
	  	 of set-off and counterclaim with respect to such
participation as fully as if such Lender were a direct

	 3670
	  	 creditor of the Parent Borrower, such Subsidiary Term Borrower or such Foreign
Subsidiary Borrower in

	 3671
	  	 the amount of such participation.

		
	 3672
	  	 (d) Unless the Administrative Agent or Foreign Currency Agent, as applicable, shall

	 3673
	  	 have received notice from the Parent Borrower (on behalf of itself, the Subsidiary Term
Borrowers and

	 3674
	  	 the Foreign Subsidiary Borrowers) prior to the date on which any payment hereunder is due to
(a) the

	 3675
	  	 Administrative Agent for the account of the Lenders or the Issuing Bank or (b) the Foreign
Currency

	 3676
	  	 Agent for the account of the Foreign Currency Lenders, the Fronting Lender or the Issuing Bank
that the

	 3677
	  	 Parent Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower,
as the case may be,

	 3678
	  	 will not make such payment, the Administrative Agent or Foreign Currency Agent, as applicable,
may

  
 -82- 

			
	 3679
	  	 assume that the Parent Borrower, such Subsidiary Term Borrower or such Foreign
Subsidiary Borrower,

	 3680
	  	 as the case may be, has made such payment on such date in accordance herewith and may, in
reliance

	 3681
	  	 upon such assumption, distribute to the Lenders, the Foreign Currency Lenders, the Fronting Lender
or

	 3682
	  	 the Issuing Bank, as the case may be, the amount due. In such event, if the Parent
Borrower, such 

	 3683
	  	Subsidiary Term Borrower or such Foreign Subsidiary Borrower, as the case may be, has not in fact made
	 3684
	  	 such payment due to (i) the Administrative Agent, then each of the Lenders or the Issuing
Bank, as the

	 3685
	  	 case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount
so

	 3686
	  	 distributed to such Lender or Issuing Bank with interest thereon, for each day from and including
the date

	 3687
	  	 such amount is distributed to it to but excluding the date of payment to the Administrative Agent,
at the

	 3688
	  	 greater of the Federal Funds EffectiveNYFRB Rate and a rate determined by
the Administrative Agent in

	 3689
	  	 accordance with banking industry rules on interbank compensation or (ii) the Foreign Currency
Agent,

	 3690
	  	 then each of the Foreign Currency Lenders, the Fronting Lender or the Issuing Bank, as the case
may be,

	 3691
	  	 severally agrees to repay to the Foreign Currency Agent forthwith on demand the amount so
distributed to

	 3692
	  	 such Foreign Currency Lenders, Fronting Lender or Issuing Bank with interest thereon, for each day
from

	 3693
	  	 and including the date such amount is distributed to it to but excluding the date of payment to
the Foreign

	 3694
	  	 Currency Agent, at a rate determined by the Foreign Currency Agent in accordance with banking
industry

	 3695
	  	 rules on interbank compensation.

		
	 3696
	  	 (e) If any Lender shall fail to make any payment required to be made by it pursuant

	 3697
	  	 to Section 2.04(d), 2.05(d) or (e), 2.06(b), 2.18(d) or 10.03(c), then the Administrative
Agent or Foreign

	 3698
	  	 Currency Agent, as applicable, may, in its discretion (notwithstanding any contrary provision
hereof),

	 3699
	  	 apply any amounts thereafter received by the Administrative Agent or Foreign Currency Agent,
as

	 3700
	  	 applicable, for the account of such Lender to satisfy such Lender’s obligations under such
Sections until

	 3701
	  	 all such unsatisfied obligations are fully paid.

		
	 3702
	  	 SECTION 2.19 Mitigation Obligations; Replacement of Lenders.

		
	 3703
	  	 (a) If any Lender requests compensation under Section 2.15, or if the Parent

	 3704
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower is
required to pay any

	 3705
	  	 additional amount to any Lender or any Governmental Authority for the account of any Lender
pursuant

	 3706
	  	 to Section 2.17, then such Lender shall use reasonable efforts to designate a different
lending office for

	 3707
	  	 funding or booking its Loans hereunder or to assign its rights and obligations hereunder to
another of its

	 3708
	  	 offices, branches or Affiliates, if, in the judgment of such Lender, such designation or
assignment (i)

	 3709
	  	 would eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17, as the case may
be, in the

	 3710
	  	 future and (ii) would not subject such Lender to any unreimbursed cost or expense and would
not

	 3711
	  	 otherwise be disadvantageous to such Lender. The Parent Borrower (on behalf of itself, the
Subsidiary 

	 3712
	  	Term Borrowers and the Foreign Subsidiary Borrowers) hereby agrees to pay all reasonable costs and
	 3713
	  	 expenses incurred by any Lender in connection with any such designation or
assignment.

		
	 3714
	  	 (b) If any Lender requests compensation under Section 2.15, or if the Parent

	 3715
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower is
required to pay any

	 3716
	  	 additional amount to any Lender or any Governmental Authority for the account of any Lender
pursuant

	 3717
	  	 to Section 2.17, or if any Lender defaults in its obligation to fund Loans hereunder (or, in
the case of a

	 3718
	  	 Revolving Lender, becomes a Defaulting Lender), then the Parent Borrower (on behalf of
itself, the 

	 3719
	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) may, at its sole expense and effort,
	 3720
	  	 upon notice to such Lender and the Administrative Agent, require such Lender to assign and
delegate,

	 3721
	  	 without recourse (in accordance with and subject to the restrictions contained in
Section 10.04), all its

	 3722
	  	 interests, rights and obligations under this Agreement to an assignee selected by the Parent
Borrower that

	 3723
	  	 shall assume such obligations (which assignee may be another Lender, if a Lender accepts
such

	 3724
	  	 assignment); provided that (i) the Parent Borrower (on behalf of itself, the
Subsidiary Term Borrowers 

  
 -83- 

			
	 3725
	  	 and the Foreign Subsidiary Borrowers) shall have received the prior written consent of the
Administrative

	 3726
	  	 Agent (and, if a Revolving Commitment is being assigned, the Issuing Bank and
Swingline Lenders),

	 3727
	  	 which consent shall not unreasonably be withheld, (ii) such Lender shall have received
payment of an

	 3728
	  	 amount equal to the outstanding principal of its Loans and participations in LC Disbursements
and

	 3729
	  	 Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it
hereunder,

	 3730
	  	 from the assignee (to the extent of such outstanding principal and accrued interest and fees) or
the Parent

	 3731
	  	 Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers (in
the case of all other

	 3732
	  	 amounts) and (iii) in the case of any such assignment resulting from a claim for compensation
under

	 3733
	  	 Section 2.15 or payments required to be made pursuant to Section 2.17, such assignment
will result in a

	 3734
	  	 material reduction in such compensation or payments. A Lender shall not be required to make any
such

	 3735
	  	 assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise,
the

	 3736
	  	 circumstances entitling the Parent Borrower, any Subsidiary Term Borrower or any
Foreign Subsidiary

	 3737
	  	 Borrower to require such assignment and delegation cease to apply.

		
	 3738
	  	 SECTION 2.20 Designation of Foreign Subsidiary Borrowers. (a) The Parent

	 3739
	  	 Borrower may at any time and from time to time, with the prior consent of the Administrative
Agent

	 3740
	  	 (such consent not to be unreasonably withheld or delayed), designate any Foreign Subsidiary as a
Foreign

	 3741
	  	 Subsidiary Borrower, by delivery to the Administrative Agent of a Foreign Subsidiary
Borrowing

	 3742
	  	 Agreement executed by such Foreign Subsidiary and the Parent Borrower, and upon such consent
and

	 3743
	  	 such delivery (together with the delivery of the applicable Foreign Security Documents and
the

	 3744
	  	 satisfaction of the Foreign Security Collateral and Guarantee Requirement), such Foreign
Subsidiary shall

	 3745
	  	 for all purposes of this Agreement and the other Loan Documents be a Foreign Subsidiary Borrower
until

	 3746
	  	 the Parent Borrower shall terminate such designation pursuant to a termination agreement
satisfactory to

	 3747
	  	 the Administrative Agent, whereupon such Foreign Subsidiary shall cease to be a Foreign
Subsidiary

	 3748
	  	 Borrower and a party to this Agreement and any other applicable Loan Documents. Notwithstanding
the

	 3749
	  	 preceding sentence, but subject to Section 10.04(a), no such termination will become
effective as to any

	 3750
	  	 Foreign Subsidiary Borrower at a time when any principal of or interest on any Loan to such
Foreign

	 3751
	  	 Subsidiary Borrower is outstanding. The Administrative Agent shall notify the Revolving Lenders
at

	 3752
	  	 least five Business Days prior to granting such consent and, if any Revolving Lender notifies
the

	 3753
	  	 Administrative Agent within five Business Days that it is not permitted by applicable requirements
of law

	 3754
	  	 or any of its organizational policies to make Revolving Loans to, or participate in Letters of
Credit for the

	 3755
	  	 account of, the relevant Foreign Subsidiary, shall withhold such consent or shall give such
consent only

	 3756
	  	 upon effecting changes to the provisions of this Article II as are contemplated by paragraph
(b) of this

	 3757
	  	 Section 2.20 that will ensure that such Revolving Lender is not required to make Revolving
Loans to, or

	 3758
	  	 participate in Letters of Credit for the account of, such Foreign Subsidiary. As soon as
practicable upon

	 3759
	  	 receipt of a Foreign Subsidiary Borrowing Agreement, the Administrative Agent shall send a copy
thereof

	 3760
	  	 to each Lender.

		
	 3761
	  	 (b) In order to accommodate (i) the designation of a Foreign Subsidiary as a Foreign

	 3762
	  	 Subsidiary Borrower or (ii) extensions of credit to a Foreign Subsidiary Borrower, in each
case, where

	 3763
	  	 one or more Revolving Lenders are able and willing to lend Revolving Loans to, and participate in
Letters

	 3764
	  	 of Credit issued for the account of, such Foreign Subsidiary, but other Revolving Lenders are not
so able

	 3765
	  	 and willing, the Administrative Agent shall be permitted, with the consent of the Parent Borrower,
to

	 3766
	  	 effect such changes to the provisions of this Article II as it reasonably believes are appropriate
in order for

	 3767
	  	 such provisions to operate in a customary and usual manner for “multiple-currency”
syndicated lending

	 3768
	  	 agreements to a limited liability company and certain of its foreign subsidiaries, all with the
intention of

	 3769
	  	 providing procedures for the Revolving Lenders who are so able and willing to extend credit to
such

	 3770
	  	 Foreign Subsidiaries and for the other Revolving Lenders not to be required to do so. Prior to
effecting

	 3771
	  	 any such changes, the Administrative Agent shall give all Revolving Lenders at least three
Business

	 3772
	  	 Days’ notice thereof and an opportunity to comment thereon.

  
 -84- 

			
	 3773
	  	 SECTION 2.21     Incremental Facilities.

		
	 3774
	  	 (a) The Parent Borrower may on one or more occasions, by written notice to the

	 3775
	  	 Administrative Agent, request (i), during the Revolving Availability
Period, the establishment of

	 3776
	  	 Incremental Revolving Commitments and/or (ii) the establishment of
Incremental Term Commitments;

	 3777
	  	 provided that, at the time of (and after giving effect to) the establishment of any Incremental
Revolving

	 3778
	  	 Commitments or Incremental Term Commitments, the aggregate amount of all
Incremental Revolving

	 3779
	  	Commitments and Incremental Term Commitments established pursuant to this Section 2.21, together
	 3780
	  	 with the aggregate amount of all Incremental Equivalent Debt previously (or
substantially

	 3781
	  	 simultaneously) incurred pursuant to Section 6.01(a)(xx), shall not exceed the
greatersum of (A)

	 3782
	  	 $300,000,000200,000,000 and (B) an amount such that, after giving
effect to the making of such

	 3783
	  	 Incremental Revolving Commitments (and assuming any such Incremental Revolving Commitments
are

	 3784
	  	 fully drawn) and Incremental Term Loans and the making of any other Indebtedness
incurred

	 3785
	  	 substantially simultaneously therewith, the Senior Secured Net Leverage Ratio, calculated on a pro
forma

	 3786
	  	 basis, is no greater than 2.503.00 to 1.00 (it being understood that
(i) the Parent Borrower may incur 

	 3787
	  	 Incremental Revolving Commitments under clause (B) prior to incurring Incremental
Revolving 

	 3788
	  	 Commitments under clause (A) and (ii) if the Parent Borrower incurs Incremental
Revolving 

	 3789
	  	 Commitments under clause (A) and/or Incremental Equivalent Debt under clause (A)(1)
of Section 

	 3790
	  	 6.01(a)(xx) on the same date that it incurs Incremental Revolving Commitments under clause (B),
then 

	 3791
	  	 the Senior Secured Net Leverage Ratio for purposes of clause (B) will be calculated
without giving regard 

	 3792
	  	 to any incurrence on such date of Incremental Revolving Commitments under clause
(A) or Incremental 

	 3793
	  	 Equivalent Debt under clause (A)(1) of Section 6.01(a)(xx)). Each such notice
shall specify (A1) the date

	 3794
	  	 on which the Parent Borrower proposes that the Incremental Revolving Commitments or the
Incremental 

	 3795
	  	Term Commitments, as applicable, shall be effective, which shall be a date not less than 10 Business
	 3796
	  	 Days (or such shorter period as may be agreed to by the Administrative Agent) after the date on
which

	 3797
	  	 such notice is delivered to the Administrative Agent, and (B2) the amount
of the Incremental Revolving

	 3798
	  	 Commitments or Incremental Term Commitments, as applicable, being requested (it
being agreed that (x)

	 3799
	  	 any Lender approached to provide any Incremental Revolving Commitment or Incremental Term

	 3800
	  	Commitment may elect or decline, in its sole discretion, to provide such Incremental Revolving
	 3801
	  	Commitment or Incremental Term Commitment and (y) any Person that the Parent Borrower proposes to
	 3802
	  	 become an Incremental Lender, if such Person is not then a Lender, must be reasonably acceptable
to the

	 3803
	  	 Administrative Agent and, in the case of any proposed Incremental Revolving
Lender, the Issuing Bank

	 3804
	  	 and the Swingline Lenders).

		
	 3805
	  	 (b) The terms and conditions of any Incremental Revolving Commitment and Loans

	 3806
	  	 and other extensions of credit to be made thereunder shall be identical to those of
theany then existing 

	 3807
	  	 Class of Revolving Commitments and Loans and other extensions of credit made
thereunder, and shall be

	 3808
	  	 treated as a single Class with such Revolving Commitments and Loans. The terms and
conditions of any 

	 3809
	  	Incremental Term Commitments and the Incremental Term Loans to be made thereunder shall be, except
	 3810
	  	as otherwise set forth herein or in the applicable Incremental Facility Agreement, identical to those of the
	 3811
	  	Tranche A Term Commitments and the Tranche A Term Loans; provided that (i) the interest rate margins
	 3812
	  	with respect to any Incremental Term Loans shall be as agreed by the Borrower and the lenders in respect
	 3813
	  	thereof, (ii) any Incremental Term Loan shall have terms, in Parent Borrower’s reasonable judgment,
	 3814
	  	customary for a term loan under then-existing market convention, (iii) subject to clause (ii) above, the
	 3815
	  	amortization schedule with respect to any Incremental Term Loans shall be as agreed by the Borrower
	 3816
	  	and the lenders in respect thereof, provided that the weighted average life to maturity of any Incremental
	 3817
	  	Term Loans shall be no shorter than the remaining weighted average life to maturity of the Tranche A
	 3818
	  	Terms Loans, (iv) no Incremental Term Maturity Date with respect to Incremental Term Loans shall be
	 3819
	  	earlier than the later of (1) the Tranche A Maturity Date and (2) the Latest Maturity Date then in effect
	 3820
	  	with respect to Extended Term Loans, (v) except as set forth above, the Incremental Term Loans shall be

  
 -85- 

			
	 3821
	  	treated no more favorably than the Tranche A Term Loans (in each case, including with respect to
	 3822
	  	mandatory and voluntary prepayments); provided that the foregoing shall not apply to covenants or other
	 3823
	  	provisions applicable only to periods after the Latest Maturity Date in effect immediately prior to the
	 3824
	  	establishment of such Incremental Term Loans; provided further that any Incremental Term Loans may
	 3825
	  	add additional covenants or events of default not otherwise applicable to the Tranche A Term Loans or
	 3826
	  	covenants more restrictive than the covenants applicable to the Tranche A Term Loans in each case prior
	 3827
	  	to the Latest Maturity Date in effect immediately prior to the establishment of such Incremental Facility
	 3828
	  	so long as all Lenders receive the benefits of such additional covenants, events of default or more
	 3829
	  	restrictive covenants, (vi) to the extent the terms applicable to any Incremental Term Loans are
	 3830
	  	inconsistent with the terms applicable to the Tranche A Term Loans (except, in each case, as otherwise
	 3831
	  	permitted pursuant to this paragraph (b)), such terms shall be reasonably satisfactory to the
	 3832
	  	Administrative Agent, and (vii) any Incremental Facility shall have the same Guarantees as, shall rank
	 3833
	  	pari passu with respect to the Liens on the Collateral and in right of payment with the Loans (except to the
	 3834
	  	extent that the related Incremental Facility Agreement provides for such Incremental Term Loans to be
	 3835
	  	treated less favorably, in which case such Incremental Term Loans shall be subject to a customary
	 3836
	  	intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent). Any
	 3837
	  	Incremental Term Commitments established pursuant to an Incremental Facility Agreement that have
	 3838
	  	identical terms and conditions, and any Incremental Term Loans made thereunder, shall be designated as
	 3839
	  	a separate series (each a “Series”) of Incremental Term Commitments and Incremental Term Loans for all
	 3840
	  	purposes of this Agreement. Notwithstanding the foregoing, in no event shall there be more than seven
	 3841
	  	maturity dates in respect of the Credit Facilities (including any Extended Term Loans, Extended
	 3842
	  	Revolving Commitments, Replacement Term Loans or Replacement Revolving Facilities).
		
	 3843
	  	 (c) The Incremental Commitments shall be effected pursuant to one or more

	 3844
	  	 Incremental Facility Agreements executed and delivered by Holdings, the Parent Borrower,
each

	 3845
	  	 Incremental Lender providing such Incremental Commitments and the Administrative Agent;
provided

	 3846
	  	 that (other than with respect to the incurrence of Incremental Term Loans
the proceeds of which shall be 

	 3847
	  	used to consummate an acquisition permitted by this Agreement for which the Parent Borrower has
	 3848
	  	 determined, in good faith, that limited conditionality is reasonably necessary (any such
acquisition, a 

	 3849
	  	“Limited Conditionality Acquisition”) as to which conditions (i) through (iii) below shall not apply) no
	 3850
	  	 Incremental Commitments shall become effective unless (i) no Default or Event of Default
shall have

	 3851
	  	 occurred and be continuing on the date of effectiveness thereof, both immediately prior to
and

	 3852
	  	 immediately after giving effect to such Incremental Commitments and the making of Loans and
issuance

	 3853
	  	 of Letters of Credit thereunder to be made on such date, (ii) on the date of effectiveness
thereof, the

	 3854
	  	 representations and warranties of each Loan Party set forth in the Loan Documents shall be true
and

	 3855
	  	 correct on and as of such date, (iii) after giving effect to such Incremental Commitments and
the making

	 3856
	  	 of Loans and other extensions of credit thereunder to be made on the date of effectiveness thereof
(and

	 3857
	  	 assuming in the case of any Incremental Revolving Commitments to be made on the date of
effectiveness

	 3858
	  	 thereof that such Incremental Revolving Commitments are fully drawn), Holdings and the
Parent

	 3859
	  	 Borrower shall be in pro forma compliance with the financial covenants set forth in Sections 6.12
and

	 3860
	  	 6.13, (iv) the Parent Borrower shall make any payments required to be made pursuant to
Section 2.16 in

	 3861
	  	 connection with such Incremental Commitments and the related transactions under this Section, and
(v)

	 3862
	  	 the other conditions, if any, set forth in the applicable Incremental Facility Agreement are
satisfied; 

	 3863
	  	provided further that no Incremental Term Loans in respect of a Limited Conditionality Acquisition shall
	 3864
	  	become effective unless (i) no Default or Event of Default shall have occurred and be continuing as of the
	 3865
	  	date of entry into the definitive acquisition documentation in respect of such Limited Conditionality
	 3866
	  	Acquisition (the “Limited Conditionality Acquisition Agreement”), (ii) on the date of effectiveness of the
	 3867
	  	Limited Conditionality Acquisition Agreement, the representations and warranties of each Loan Party set
	 3868
	  	forth in the Loan Documents shall be true and correct on and as of such date and (iii) on the date of
	 3869
	  	effectiveness of the Limited Conditionality Acquisition Agreement and assuming such Incremental Term

  
 -86- 

					
	3870	  	Loans were made on such date, Holdings and the Parent Borrower shall be in pro forma compliance with
	3871	  	 the financial covenants set forth in Sections 6.12 and 6.13. Each
Incremental Facility Agreement may,

	3872	  	 without the consent of any Lender, effect such amendments to this Agreement and the
other Loan

	3873	  	 Documents as may be necessary or appropriate, in the opinion of the Administrative
Agent, to give effect

	3874	  	 to the provisions of this Section.

		
	3875	  	 (d) Upon the effectiveness of an Incremental Commitment of any Incremental

	3876	  	 Lender, (i) such Incremental Lender shall be deemed to be a “Lender”
(and a Lender in respect of the 

	3877	  	 Commitments and Loans of the applicable Class) hereunder, and henceforth shall be
entitled to all the

	3878	  	 rights of, and benefits accruing to, Lenders (or Lenders in respect of Commitments and
Loans of the

	3879	  	 applicable Class) hereunder and shall be bound by all agreements, acknowledgements and
other

	3880	  	 obligations of Lenders (or Lenders in respect of Commitments and Loans of the
applicable Class)

	3881	  	 hereunder and under the other Loan Documents, and (ii) in the case of any
Incremental Revolving 

	3882	  	Commitment, (A) such Incremental Revolving Commitment shall constitute (or, in the event such
	3883	  	 Incremental Lender already has a Revolving Commitment, shall increase) the Revolving
Commitment of

	3884	  	 such Incremental Lender and (B) the total Revolving Commitments shall be
increased by the amount of

	3885	  	 such Incremental Revolving Commitment, in each case, subject to further increase or
reduction from time

	3886	  	 to time as set forth in the definition of the term “Revolving
Commitment.” For the avoidance of doubt,

	3887	  	 upon the effectiveness of any Incremental Revolving Commitment, the Revolving Exposure
of the

	3888	  	 Incremental Revolving Lender holding such Commitment, and the Applicable Percentage of
all the

	3889	  	 Revolving Lenders, shall automatically be adjusted to give effect
thereto.

		
	3890	  	 (e) On the date of effectiveness of any Incremental Revolving Commitments, each

	3891	  	 Revolving Lender shall assign to each Incremental Revolving Lender holding such
Incremental

	3892	  	 Revolving Commitment, and each such Incremental Revolving Lender shall purchase from
each

	3893	  	 Revolving Lender, at the principal amount thereof (together with accrued interest),
such interests in the

	3894	  	 Revolving Loans and participations in Letters of Credit outstanding on such date as
shall be necessary in

	3895	  	 order that, after giving effect to all such assignments and purchases, such Revolving
Loans and

	3896	  	 participations in Letters of Credit will be held by all the Revolving Lenders ratably
in accordance with

	3897	  	 their Applicable Percentages after giving effect to the effectiveness of such
Incremental Revolving

	3898	  	 Commitment.

		
	3899	  	 (f) Subject to the terms and conditions set forth herein and in the
applicable

	3900	  	Incremental Facility Agreement, each Lender holding an Incremental Term Commitment of any Series
	3901	  	shall make a loan to the Parent Borrower in an amount equal to such Incremental Term Commitment on
	3902	  	the date specified in such Incremental Facility Agreement.[Reserved].
		
	3903	  	 (g) The Administrative Agent shall notify the Lenders promptly upon receipt by the

	3904	  	 Administrative Agent of any notice from the Parent Borrower referred to in paragraph
(a) above and of

	3905	  	 the effectiveness of any Incremental Commitments, in each case advising the Lenders of
the details

	3906	  	 thereof and, in the case of effectiveness of any Incremental Revolving Commitments, of
the Applicable

	3907	  	 Percentages of the Revolving Lenders after giving effect thereto and of the
assignments required to be

	3908	  	 made pursuant to paragraph (e) above.

		
	3909	  	 SECTION 2.22 Defaulting Lenders. Notwithstanding any provision of this

	3910	  	 Agreement to the contrary, if any Revolving Lender becomes a Defaulting Lender, then
the following

	3911	  	 provisions shall apply for so long as such Lender is a Defaulting
Lender:

		
	3912	  	 (a) Fees shall cease to accrue on the unfunded portion of the Revolving
Commitment

	3913	  	 of such Defaulting Lender pursuant to Section 2.12(a).

  
 -87- 

					
	3914	  	 (b) The Revolving Commitment and Revolving Credit Exposure of such
Defaulting

	3915	  	 Lender shall not be included in determining whether the requisite Lenders have taken or may
take

	3916	  	 any action hereunder or under any other Loan Document (including any consent to any

	3917	  	 amendment or waiver pursuant to Section 10.02); provided that (i) no Commitment of
a

	3918	  	 Defaulting Lender may be increased or extended without such Defaulting Lender’s consent,
(ii)

	3919	  	 no waiver, amendment or other modification may reduce the amount of principal owing to a

	3920	  	 Defaulting Lender without such Defaulting Lender’s consent and (iii) any waiver, amendment
or

	3921	  	 other modification requiring the consent of all Lenders or each affected Lender which affects

	3922	  	 such Defaulting Lender differently than other affected Lenders shall require the consent of
such

	3923	  	 Defaulting Lender.

		
	3924	  	 (c) If any Swingline Exposure or LC Exposure exists or any Foreign Currency
Loans

	3925	  	 are outstanding at the time a Revolving Lender becomes a Defaulting Lender then (i) all or
any

	3926	  	 part of such Swingline Exposure, LC Exposure and Foreign Currency Participating Interest of

	3927	  	 such Defaulting Lender (other than the portion of such Swingline Exposure referred to in
clause

	3928	  	 (b) of the definition of such term) shall be reallocated among the Revolving Lenders that are
Non-

	3929	  	 Defaulting Lenders in accordance with their respective Applicable Percentages but only to the

	3930	  	 extent (x) the sum of a Non-Defaulting Lenders’ Revolving
Exposures plus such Defaulting

	3931	  	 Lender’s Swingline Exposure, LC Exposure and Foreign Currency Participating Interest does
not

	3932	  	 exceed such Non-Defaulting Lenders’ Revolving Commitments and
(y) the conditions set forth in

	3933	  	 Section 4.02 are satisfied at such time. In the case of any such reallocation, the fees payable
to

	3934	  	 the Revolving Lenders pursuant to Section 2.12(a) and Section 2.12(b)(i) and the
Foreign

	3935	  	 Currency Loan Participants pursuant to Section 2.12(e) shall be adjusted in accordance with
such

	3936	  	 Non-Defaulting Lenders’ Applicable Percentages.

		
	3937	  	 (d) If the reallocation described in clause (c) above cannot, or can only
partially, be

	3938	  	 effected, the Parent Borrower shall, within one Business Day following notice by the

	3939	  	 Administrative Agent (x) first, prepay such Swingline Exposure, (y) second, cash
collateralize

	3940	  	 such Defaulting Lender’s LC Exposure (after giving effect to any partial reallocation pursuant
to

	3941	  	 clause (c) above) in accordance with the procedures set forth in Section 2.05(j) for so long as
such

	3942	  	 LC Exposure is outstanding and (z) third, cash collateralize for the benefit of the Fronting
Lender,

	3943	  	 the obligations of the Parent Borrower and any Foreign Subsidiary Borrower corresponding to

	3944	  	 such Defaulting Lender’s Foreign Currency Participating Interest (after giving effect to
any

	3945	  	 partial reallocation pursuant to clause (c) above) for so long as the circumstances giving rise
to

	3946	  	 such obligation to provide such cash collateral remain relevant (which cash collateralization

	3947	  	 requirement shall be satisfied by the Parent Borrower depositing such cash collateral into an

	3948	  	 account opened by the Administrative Agent). In the case of any such cash collateralization,
the

	3949	  	 Parent Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to

	3950	  	 Section 2.12(b)(i) (with respect to such Defaulting Lender’s LC Exposure) or
Section 2.12(e)

	3951	  	 (with respect to such Defaulting Lender’s Foreign Currency Participating Interest) for so long
as

	3952	  	 such Defaulting Lender’s LC Exposure is cash collateralized.

		
	3953	  	 (e) If any Defaulting Lender’s LC Exposure is neither cash collateralized
nor

	3954	  	 reallocated pursuant to paragraph (c) or (d) above, then, without prejudice to any rights
or

	3955	  	 remedies of the Issuing Bank or any Revolving Lender that is not a Defaulting Lender
hereunder,

	3956	  	 all participation fees payable under Section 2.12(b)(i) with respect to such Defaulting
Lender’s

	3957	  	 LC Exposure shall be payable to the Issuing Bank until such LC Exposure is cash
collateralized

	3958	  	 and/or reallocated pursuant to paragraph (c) and (d) above.

  
 -88- 

			
	 3959
	  	 (f) If all or any portion of such Defaulting Lender’s Foreign Currency
Participating

	 3960
	  	 Interest is neither cash collateralized nor reallocated pursuant to paragraph (c) or (d) above,
then,

	 3961
	  	 without prejudice to any rights or remedies of the Fronting Lender or any Revolving Lender that

	 3962
	  	 is not a Defaulting Lender hereunder, all participation fees payable under Section 2.12(e) with

	 3963
	  	 respect to such Defaulting Lender’s Foreign Currency Participating Interest that has not been

	 3964
	  	 reallocated or cash collateralized shall be payable to the Fronting Lender until and to the extent

	 3965
	  	 such Foreign Currency Participating Interest is cash collateralized and/or reallocated pursuant to

	 3966
	  	 paragraph (c) and (d) above.

		
	 3967
	  	 (g) So long as any Lender is a Defaulting Lender, the Swingline Lenders shall not be

	 3968
	  	 required to fund any Swingline Loan and the Issuing Bank shall not be required to issue, amend

	 3969
	  	 or increase any Letter of Credit, unless it is satisfied that the related exposure will be 100%

	 3970
	  	 covered by the Revolving Commitments of the Revolving Lenders that are not Defaulting

	 3971
	  	 Lenders and/or cash collateral will be provided by the Parent Borrower in accordance with

	 3972
	  	 paragraph (c) above, and participating interests in any such newly issued or increased Letter of

	 3973
	  	 Credit or newly made Swingline Loan shall be allocated among Revolving Lenders that are not

	 3974
	  	 Defaulting Lenders in a manner consistent with paragraph (c) above (and Defaulting Lenders

	 3975
	  	 shall not participate therein).

		
	 3976
	  	 (h) So long as any Lender is a defaulting Lender, the Fronting Lender shall not be

	 3977
	  	 required to fund any Fronted Foreign Currency Loan unless it is satisfied that the related exposure

	 3978
	  	 and the Defaulting Lender’s Foreign Currency Participating Interest will be 100% covered by the

	 3979
	  	 Revolving Commitments of the Revolving Lenders that are not Defaulting Lenders and/or cash

	 3980
	  	 collateral will be provided by the Parent Borrower in accordance with paragraph (c) above.

		
	 3981
	  	 (i) In the event that (i) a Lender becomes a Defaulting Lender as a result of
the

	 3982
	  	 occurrence of any event described in clause (d) of the definition of the term “Defaulting
Lender”

	 3983
	  	 with respect to such Lender’s parent company and for so long as such event shall continue or (ii)

	 3984
	  	 the Swingline Lenders, the Issuing Bank or the Fronting Lender has a good faith belief that any

	 3985
	  	 Revolving Lender has defaulted in fulfilling its obligations under one or more other agreements in

	 3986
	  	 which such Lender commits to extend credit, the Swingline Lenders shall not be required to fund

	 3987
	  	 any Swingline Loan, the Issuing Bank shall not be required to issue, amend, renew or extend any

	 3988
	  	 Letter of Credit, and the Fronting Lender shall not be required to fund any Fronted Foreign

	 3989
	  	 Currency Loan, unless the Swingline Lenders, the Issuing Bank or the Fronting Lender, as the

	 3990
	  	 case may be, shall have entered into arrangements with Holdings and the Parent Borrower or such

	 3991
	  	 Revolving Lender satisfactory to the Swingline Lenders, the Issuing Bank or the Fronting Lender,

	 3992
	  	 as the case may be, to defease any risk to it in respect of such Lender hereunder.

		
	 3993
	  	 (j) In the event that (x) a Bankruptcy Event or a
Bail-In Action with respect to a

	 3994
	  	 Revolving Lender Parent shall have occurred following the Restatement Date and for so long as

	 3995
	  	 such Bankruptcy Event or Bail-In Action shall continue or (y) the Swingline Lenders, the
Issuing

	 3996
	  	 Bank or the Fronting Lender has a good faith belief that any Revolving Lender has defaulted in

	 3997
	  	 fulfilling its obligations under one or more other agreements in which such Lender commits to

	 3998
	  	 extend credit, the Swingline Lenders shall not be required to fund any Swingline Loan, the

	 3999
	  	 Issuing Bank shall not be required to issue, amend, renew or extend any Letter of Credit, and the

	 4000
	  	 Fronting Lender shall not be required to fund any Fronted Foreign Currency Loan, unless the

	 4001
	  	 Swingline Lenders, the Issuing Bank or the Fronting Lender, as the case may be, shall have

	 4002
	  	 entered into arrangements with Holdings and the Parent Borrower or such Revolving Lender

	 4003
	  	 satisfactory to the Swingline Lenders or the Issuing Bank, as the case may be, to defease any risk

	 4004
	  	 to it in respect of such Lender hereunder.

  
 -89- 

			
	 4005
	  	 (k) In the event that the Administrative Agent, the Parent Borrower, the Issuing

	 4006
	  	 Bank, the Fronting Lender and the Swingline Lenders each agree that a Defaulting Lender has

	 4007
	  	 adequately remedied all matters that caused such Lender to be a Defaulting Lender, then the

	 4008
	  	 Swingline Exposure and LC Exposure of the Revolving Lenders shall be readjusted to reflect the

	 4009
	  	 inclusion of such Lender’s Commitment and on such date such Lender shall purchase at par such

	 4010
	  	 of (i) the Revolving Loans of the other Revolving Lenders (other than Swingline Loans and

	 4011
	  	 (other than in the case of any Defaulting Lender that is a Foreign Currency Lender) Foreign

	 4012
	  	 Currency Loans) as the Administrative shall determine may be necessary in order for such Lender

	 4013
	  	 to hold such Revolving Loans in accordance with its Applicable Percentage and (ii) the Foreign

	 4014
	  	 Currency Participating Interests of the other Revolving Lenders as the Administrative shall

	 4015
	  	 determine may be necessary in order for such Lender to hold such in Foreign Currency

	 4016
	  	 Participating Interests accordance with its ratable share thereof.

		
	 4017
	  	 (l) If all or any portion of a Defaulting Lender’s Swingline Exposure,
LC Exposure

	 4018
	  	 or Foreign Currency Participating Interest is reallocated to
non-Defaulting Lenders pursuant to 

	 4019
	  	 this Section 2.22, then the defined terms hereunder (including “Applicable
Percentage”) shall, as 

	 4020
	  	 necessary or advisable (in the reasonable determination of the Administrative Agent) be read as 

	 4021
	  	 used in this Agreement to give effect to such reallocation. 

		
	 4022
	  	 SECTION 2.23 Extensions.

		
	 4023
	  	 (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or

	 4024
	  	more offers (each, an “Extension Offer”) made from time to time by the Parent Borrower to all Lenders of 
	 4025
	  	Tranche A Term Loans with a like maturity date orwith Revolving Commitments with a like maturity
	 4026
	  	date, in each case on a pro rata basis (based on the aggregate outstanding principal amount of the 
	 4027
	  	respective Tranche A Term Loans or Revolving Commitments with a like maturity date, as the case may
	 4028
	  	be) and on the same terms to each such Lender, the Parent Borrower is hereby permitted to consummate
	 4029
	  	from time to time transactions with individual Lenders that accept the terms contained in such Extension
	 4030
	  	Offers to extend the maturity date of each such Lender’s Tranche A Term Loans and/or Revolving
	 4031
	  	Commitments and otherwise modify the terms of such Tranche A Term Loans and/or Revolving
	 4032
	  	Commitments pursuant to the terms of the relevant Extension Offer (including, without limitation, by
	 4033
	  	increasing the interest rate or fees payable in respect of such Tranche A Term Loans and/or Revolving
	 4034
	  	Commitments (and related outstandings) and/or modifying the amortization schedule in respect of such 
	 4035
	  	Lender’s Tranche A Term Loans) (each, an “Extension,” and each group of Tranche A Term Loans or
	 4036
	  	Revolving Commitments, as applicable, in each case as so extended, as well as the original Tranche A 
	 4037
	  	Term Loans and the original Revolving Commitments (in each case not so extended), being a “tranche”;
	 4038
	  	any Extended Term Loans shall constitute a separate tranche of Term Loans from the tranche of Term 
	 4039
	  	Loans from which they were converted, and any Extended Revolving Commitments shall constitute a
	 4040
	  	separate tranche of Revolving Commitments from the tranche of Revolving Commitments from which
	 4041
	  	they were converted), so long as the following terms are satisfied: (i) no Default or Event of Default shall
	 4042
	  	have occurred and be continuing at the time the offering document in respect of an Extension Offer is
	 4043
	  	delivered to the Lenders, (ii) except as to interest rates, fees and final maturity (which shall be determined
	 4044
	  	by the Parent Borrower and set forth in the relevant Extension Offer), the Revolving Commitment of any
	 4045
	  	Revolving Lender that agrees to an extension with respect to such Revolving Commitment extended
	 4046
	  	pursuant to an Extension (an “Extended Revolving Commitment”), and the related outstandings, shall be
	 4047
	  	a Revolving Commitment (or related outstandings, as the case may be) with the same terms as the original
	 4048
	  	Revolving Commitments (and related outstandings); provided that (x) subject to the provisions of
	 4049
	  	Sections 2.04(e) and 2.05(k) to the extent dealing with Swingline Loans and Letters of Credit which
	 4050
	  	mature or expire after a maturity date when there exist Extended Revolving Commitments with a longer
	 4051
	  	maturity date, all Swingline Loans and Letters of Credit shall be participated in on a pro rata basis by all

  
 -90- 

			
	 4052
	  	Lenders with Revolving Commitments in accordance with their Applicable Percentage of the Revolving
	 4053
	  	Commitments (and except as provided in Sections 2.04(e) and 2.05(k), without giving effect to changes
	 4054
	  	thereto on an earlier maturity date with respect to Swingline Loans and Letters of Credit theretofore
	 4055
	  	incurred or issued) and all borrowings under Revolving Commitments and repayments thereunder shall be
	 4056
	  	made on a pro rata basis (except for (A) payments of interest and fees at different rates on Extended
	 4057
	  	Revolving Commitments (and related outstandings) and (B) repayments required upon the scheduled
	 4058
	  	maturity date of the non-Extended Revolving Commitments) and (y) at no time shall there be Revolving
	 4059
	  	Commitments hereunder (including Extended Revolving Commitments and any original Revolving
	 4060
	  	Commitments) which have more than three different maturity dates, (iii) except as to interest rates, fees, 
	 4061
	  	amortization, final maturity date, premium, required prepayment dates and participation in prepayments
	 4062
	  	(which shall, subject to immediately succeeding clauses (iv), (v), and (vi), be determined between the
	 4063
	  	Parent Borrower and set forth in the relevant Extension Offer), the Tranche A Term Loans of any Tranche
	 4064
	  	A Term Lender that agrees to an extension with respect to such Tranche A Term Loans extended pursuant
	 4065
	  	to any Extension (the “Extended Term Loans”)
shall have the same terms as the tranche of Tranche A
	 4066
	  	Term Loans subject to such Extension Offer, (iv) the final maturity date of any Extended Term Loans
	 4067
	  	shall be no earlier than the maturity date of the Tranche A Term Loans from which they were converted
	 4068
	  	and the amortization schedule applicable to Tranche A Term Loans pursuant to Section 2.10(a) for
	 4069
	  	periods prior to the Tranche A Maturity Date may not be increased, (v) the weighted average life of any
	 4070
	  	Extended Term Loans shall be no shorter than the remaining weighted average life of the Tranche A
	 4071
	  	Term Loans extended thereby, (vi) any Extended Term Loans may participate on a pro rata basis or a less
	 4072
	  	than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or
	 4073
	  	prepayments of Tranche A Term Loans hereunder (except for repayments required upon the scheduled
	 4074
	  	maturity date of the non-Extended Term Loans), in each case as specified in the respective Extension
	 4075
	  	Offer, (vii) if the aggregate principal amount of Tranche A Term Loans (calculated on the face amount
	 4076
	  	thereof) in respect of which Tranche A Term Lenders shall have accepted the relevant Extension Offer
	 4077
	  	shall exceed the maximum aggregate principal amount of Tranche A Term Loans offered to be extended
	 4078
	  	by the Parent Borrower pursuant to such Extension Offer, then the Tranche A Term Loans of such
	 4079
	  	Tranche A Term Lenders shall be extended ratably up to such maximum amount based on the respective
	 4080
	  	principal amounts (but not to exceed actual holdings of record) with respect to which such Tranche A
	 4081
	  	Term Lenders have accepted such Extension Offer, (viii) if the aggregate amount of Revolving
	 4082
	  	Commitments in respect of which Revolving Lenders shall have accepted the relevant Extension Offer
	 4083
	  	shall exceed the maximum aggregate principal amount of Revolving Commitments offered to be extended
	 4084
	  	by the Parent Borrower pursuant to such Extension Offer, then the Revolving Loans of such Revolving
	 4085
	  	Lenders shall be extended ratably up to such maximum amount based on the respective principal amounts
	 4086
	  	(but not to exceed actual holdings of record) with respect to which such Revolving Lenders have accepted
	 4087
	  	such Extension Offer, (ixiv) all documentation in respect of such Extension shall be consistent with the
	 4088
	  	foregoing, and (xv) any applicable Minimum Extension Condition shall be satisfied unless waived by the
	 4089
	  	Parent Borrower and (xi) the Minimum Tranche Amount shall be satisfied unless waived by the 
	 4090
	  	Administrative Agent. Notwithstanding the foregoing, in no event shall there be more than seven maturity
	 4091
	  	dates in respect of the Credit Facilities (including any Extended Term Loans, Extended Revolving
	 4092
	  	Commitments, Replacement Term Loans or Replacement Revolving Facilities)..
		
	 4093
	  	 (b) With respect to all Extensions consummated by the Parent Borrower pursuant to

	 4094
	  	 this Section, (i) such Extensions shall not constitute voluntary or mandatory payments or
prepayments for

	 4095
	  	 purposes of Section 2.11 and (ii) no Extension Offer is required to be in any minimum
amount or any

	 4096
	  	 minimum increment, provided that (x) the Parent Borrower may at its
election specify as a condition (a

	 4097
	  	 “Minimum Extension Condition”) to consummating any such Extension that a minimum
amount (to be

	 4098
	  	 determined and specified in the relevant Extension Offer in the Parent Borrower’s sole
discretion and may

	 4099
	  	 be waived by the Parent Borrower) of Tranche A Term Loans or Revolving
Commitments (as applicable) 

	 4100
	  	 of any or all applicable tranches be tendered and (y) no tranche of
Extended Term Loans shall be in an

  
 -91- 

			
	4101	  	amount of less than $50,000,000 (the “Minimum Tranche Amount”), unless such Minimum Tranche

	4102	  	Amount is waived by the Administrative Agent. The Administrative Agent and the Lenders hereby
	4103	  	consent to the transactions contemplated by this Section (including, for the avoidance of doubt, payment
	4104	  	of any interest, fees or premium in respect of any Extended Term Loans and/or Extended Revolving
	4105	  	Commitments on the such terms as may be set forth in the relevant Extension Offer) and hereby waive the
	4106	  	requirements of any provision of this Agreement (including, without limitation, Sections 2.11 and 2.18)
	4107	  	or any other Loan Document that may otherwise prohibit any such Extension or any other transaction
	4108	  	contemplated by this Section.
		
	4109	  	 (c) No consent of any Lender or the Administrative Agent shall be required to

	4110	  	effectuate any Extension, other than (A) the consent of each Lender agreeing to such Extension with
	4111	  	respect to one or more of its Term Loans and/or Revolving Commitments (or a portion thereof) and (B)
	4112	  	with respect to any Extension of the Revolving Commitments, the consent of the Issuing Bank and
	4113	  	Swingline Lenders, which consent shall, in each case, not be unreasonably withheld or delayed. All
	4114	  	Extended Term Loans, Extended Revolving Commitments and all obligations in respect thereof shall be
	4115	  	Obligations under this Agreement and the other Loan Documents that are secured by the Collateral on a
	4116	  	pari passu basis with all other applicable Obligations under this Agreement and the other Loan
	4117	  	Documents. The Lenders hereby irrevocably authorize the Administrative Agent to enter into
	4118	  	amendments to this Agreement and the other Loan Documents with the Parent Borrower as may be
	4119	  	necessary in order to establish new tranches or sub-tranches in respect of Revolving Commitments or 
	4120	  	Term Loans so extended and such technical amendments as may be necessary or appropriate in the
	4121	  	reasonable opinion of the Administrative Agent and the Parent Borrower in connection with the
	4122	  	establishment of such new tranches or sub-tranches, in each case on terms consistent with this Section.
	4123	  	Without limiting the foregoing, in connection with any Extensions the respective Loan Parties shall (at
	4124	  	their expense) amend (and the Administrative Agent is hereby directed to amend) any Mortgage that has a
	4125	  	maturity date prior to the then latest maturity date so that such maturity date is extended to the then latest
	4126	  	maturity date (or such later date as may be advised by local counsel to the Administrative Agent).
		
	4127	  	 (d) In connection with any Extension, the Parent Borrower shall provide the

	4128	  	Administrative Agent at least five Business Days’ (or such shorter period as may be agreed by the
	4129	  	Administrative Agent) prior written notice thereof, and shall agree to such procedures (including, without
	4130	  	limitation, regarding timing, rounding and other adjustments and to ensure reasonable administrative
	4131	  	management of the credit facilities hereunder after such Extension), if any, as may be established by, or
	4132	  	acceptable to, the Administrative Agent, in each case acting reasonably to accomplish the purposes of this
	4133	  	Section.
		
	4134	  	 SECTION 2.24 Foreign Currency Participations; Conversion of Foreign Currency

	4135	  	 Loans.

		
	4136	  	 (a) With respect to each Foreign Currency Loan in any Foreign Currency, the

	4137	  	Fronting Lender irrevocably agrees to grant and hereby grants to each Lender that is a Foreign Currency
	4138	  	Loan Participant with respect to Foreign Currency Loans made in such Foreign Currency, and, to induce
	4139	  	the Fronting Lender to make Foreign Currency Loans in any applicable Foreign Currency hereunder, each
	4140	  	Lender that is a Foreign Currency Loan Participant with respect to Foreign Currency Loans made in such
	4141	  	Foreign Currency irrevocably agrees to accept and purchase and hereby accepts and purchases from the
	4142	  	Fronting Lender, on the terms and conditions hereinafter stated, for such Foreign Currency Loan
	4143	  	Participant’s own account and risk, with respect to any Fronted Foreign Currency Loan in any Foreign
	4144	  	Currency in which such Lender is a Foreign Currency Loan Participant, an undivided interest (a “Foreign
	4145	  	Currency Participating Interest”), in an amount equal to such Foreign Currency Loan Participant’s
	4146	  	Applicable Percentage of the outstanding principal amount of such Foreign Currency Loan (it being

  
 -92- 

			
	4147	  	understood that such calculation shall be made in respect of the outstanding principal amount of such
	4148	  	Foreign Currency Loan, and not the portion thereof constituting a Fronted Foreign Currency Loan), in the
	4149	  	Fronting Lender’s obligations and rights under such Fronted Foreign Currency Loan made hereunder.
	4150	  	Each Revolving Lender that is a Foreign Currency Loan Participant with respect to any Foreign Currency
	4151	  	unconditionally and irrevocably agrees with the Fronting Lender that, solely upon the occurrence of an
	4152	  	event set forth in Section 2.24(d)(i) or (ii), such Revolving Lender shall pay to the Fronting Lender upon
	4153	  	demand an amount equal to (i) in the case of an event set forth in Section 2.24(d)(i) with respect to a
	4154	  	Foreign Currency Loan for which such Revolving Lender is a Foreign Currency Loan Participant, the
	4155	  	Dollar Equivalent of such Foreign Currency Loan Participant’s Applicable Percentage of the amount of
	4156	  	such payment which is not so paid as required under this Agreement and (ii) in the case of an event set
	4157	  	forth in Section 2.24(d)(ii), the Dollar Equivalent of such Revolving Lender’s Applicable Percentage of
	4158	  	the Foreign Currency Loans then outstanding in any Foreign Currency in which such Revolving Lender is
	4159	  	a Foreign Currency Loan Participant.
		
	4160	  	 (b) If any amount required to be paid by any Foreign Currency Loan Participant to

	4161	  	the Fronting Lender pursuant to Section 2.24(a) or Section 2.24(d) is not made available to the Fronting
	4162	  	Lender when due, such Foreign Currency Loan Participant shall pay to the Fronting Lender, on demand,
	4163	  	such amount with interest thereon at a rate equal to the greater of the daily average Overnight LIBO Rate
	4164	  	and a rate determined by the Administrative Agent in accordance with banking industry rules on
	4165	  	interbank compensation for the period until such Foreign Currency Loan Participant makes such amount
	4166	  	immediately available to the Fronting Lender. If such amount is not made available to the Fronting
	4167	  	Lender by such Foreign Currency Loan Participant within three Business Days of such due date, the
	4168	  	Fronting Lender shall also be entitled to recover such amount with interest thereon at the rate per annum
	4169	  	applicable to Eurocurrency Loans under the Revolving Facility, on demand. A certificate of the Fronting
	4170	  	Lender submitted to any Foreign Currency Loan Participant with respect to amounts owed under this
	4171	  	Section shall be conclusive absent manifest error.
		
	4172	  	 (c) Whenever, at any time after the Fronting Lender has received from any Foreign

	4173	  	Currency Loan Participant its pro rata share of such payment in accordance with subsection 2.24(a) in
	4174	  	respect of any Fronted Foreign Currency Loan, the Fronting Lender receives any payment related to such
	4175	  	Foreign Currency Loan (whether directly from thea Borrower or otherwise, including proceeds of
	4176	  	collateral applied thereto by the Fronting Lender or the Administrative Agent, on behalf of the Fronting
	4177	  	Lender), or any payment of interest on account thereof, the Fronting Lender will, within three Business
	4178	  	Days after receipt thereof, distribute to such Foreign Currency Loan Participant its pro rata share thereof
	4179	  	(and hereby directs the Administrative Agent to remit such pro rata share to such Foreign Currency Loan
	4180	  	Participant out of any such payment received by the Administrative Agent for the account of the Fronting
	4181	  	Lender (it being understood that any such payment shall be made in dollars and the Fronting Lender or
	4182	  	Administrative Agent, as applicable, shall convert any such amounts received by it in a currency other
	4183	  	than dollars into the Dollar Equivalent thereof for purposes of such payment)); provided, however, that in
	4184	  	the event that any such payment received by the Fronting Lender shall be required to be returned by the
	4185	  	Fronting Lender, such Foreign Currency Loan Participant shall, within three Business Days, return to the
	4186	  	Fronting Lender the portion thereof previously distributed by the Fronting Lender to it. If any amount
	4187	  	required to be paid under this paragraph is paid within three Business Days after such payment is due, the
	4188	  	Foreign Currency Loan Participant or Fronting Lender, as the case may be, which owes such amount shall
	4189	  	pay to the Fronting Lender or Foreign Currency Loan Participant, as the case may be, to which such
	4190	  	amount is owed, on demand, such amount with interest thereon at a rate equal to the greater of the daily
	4191	  	average Overnight LIBO Rate and a rate determined by the Administrative Agent in accordance with
	4192	  	banking industry rules on interbank compensation for the period until such Foreign Currency Loan
	4193	  	Participant or the Fronting Lender, as the case may be, makes such amount immediately available to the
	4194	  	Fronting Lender or Foreign Currency Loan Participant, as the case may be. If such amount is not made

  
 -93- 

			
	4195	  	available to the Fronting Lender or Foreign Currency Loan Participant, as the case may be, by such
	4196	  	Foreign Currency Loan Participant or Fronting Lender, as the case may be, within three Business Days of
	4197	  	such due date, the Fronting Lender or Foreign Currency Participant, as the case may be, shall also be
	4198	  	entitled to recover such amount with interest thereon at the rate per annum applicable to Eurocurrency
	4199	  	Loans under the Revolving Facility, on demand.
		
	4200	  	 (d) In the event that any Foreign Currency Loan shall be outstanding and (i) the

	4201	  	principal of or interest on such Foreign Currency Loan shall not be paid (x) with respect to a payment due
	4202	  	on a scheduled payment date, on such Business Day (with respect to principal) and within five Business
	4203	  	Days after such date (with respect to interest) and (y) with respect to a payment due on any other date,
	4204	  	within five Business Days after the Parent Borrower receives notice of such due date from the
	4205	  	Administrative Agent or Required Lenders, and, in either case, the Fronting Lender shall deliver to the
	4206	  	Administrative Agent and the Parent Borrower a request that the provisions of this Section 2.24(d) take
	4207	  	effect with respect to such Foreign Currency Loan or (ii) the Commitments shall be terminated or the
	4208	  	Loans accelerated pursuant to Article VII, then (unless such request is revoked by the Fronting Lender)
	4209	  	(x) the obligations of the Parent Borrower and the Foreign Subsidiary Borrowers in respect of the
	4210	  	principal of and interest on such Fronted Foreign Currency Loan shall without further action be converted
	4211	  	into obligations denominated in dollars based upon the Exchange Rate in effect for the day on which such
	4212	  	conversion occurs, as determined by the Administrative Agent in accordance with the terms hereof,
	4213	  	(y) such converted obligations will bear interest at the rate applicable to overdue Eurocurrency Loans
	4214	  	under the Revolving Facility and (z) each applicable Foreign Currency Loan Participant shall pay the
	4215	  	purchase price for its Foreign Currency Participating Interest in such Foreign Currency Loan by wire
	4216	  	transfer of immediately available funds in dollars to the Administrative Agent in the manner provided in
	4217	  	Section 2.24(a) and (b) (and the Administrative Agent shall promptly wire the amounts so received to the
	4218	  	Fronting Lender). Upon any event specified in clause (ii) above, the commitments of the Foreign
	4219	  	Currency Lenders to make Foreign Currency Loans pursuant to Section 2.01(a) shall be permanently
	4220	  	terminated. The obligations of the Revolving Lenders to acquire and pay for their Foreign Currency
	4221	  	Participating Interests pursuant to this Section 2.24(d) shall be absolute and unconditional under any and
	4222	  	all circumstances.
		
	4223	  	 SECTION 2.25 Currency Fluctuations.

		
	4224	  	 (a) No later than 11:00 A.M. (London time) on each Calculation Date, the Foreign

	4225	  	Currency Agent shall determine the Exchange Rate as of such Calculation Date with respect to each
	4226	  	applicable Foreign Currency, provided that, upon receipt of a Borrowing Request pursuant to Section
	4227	  	2.03, the Foreign Currency Agent shall determine the Exchange Rate with respect to the relevant Foreign
	4228	  	Currency on the related Calculation Date (it being acknowledged and agreed that the Administrative
	4229	  	Agent shall use such Exchange Rate for the purposes of determining compliance with Section 2.01(a)
	4230	  	with respect to such Borrowing Request). The Exchange Rates so determined shall become effective on
	4231	  	the relevant Calculation Date (a “Reset Date”), shall remain effective until the next succeeding Reset Date
	4232	  	and shall for all purposes of this Agreement (other than Section 10.14 and any other provision expressly
	4233	  	requiring the use of a current Exchange Rate) be the Exchange Rates employed in converting any
	4234	  	amounts between dollars and any Foreign Currency.
		
	4235	  	 (b) No later than 11:00 A.M. (London time) on each Reset Date, the Foreign

	4236	  	Currency Agent shall determine the aggregate amount of the Dollar Equivalents of (i) the principal
	4237	  	amounts of the Foreign Currency Loans then outstanding (after giving effect to any Foreign Currency
	4238	  	Loans to be made or repaid on such date) and (ii) the total LC Exposure in currencies other than dollars at
	4239	  	such time.

  
 -94- 

			
	 4240
	  	 (c) The Administrative Agent shall promptly notify the Parent Borrower, any

	 4241
	  	 applicable Foreign Subsidiary Borrower and the Foreign Currency Lenders of each determination of
an

	 4242
	  	 Exchange Rate hereunder.

		
	 4243
	  	 SECTION 2.26 Illegality. Notwithstanding any other provision herein, if any Change

	 4244
	  	 in Law shall make it unlawful for any Lender to issue, make, maintain, fund or charge interest
with

	 4245
	  	 respect to any extension of credit to any Foreign Subsidiary Borrower or to give effect to its
obligations as

	 4246
	  	 contemplated by this Agreement with respect to any extensions of credit to any Foreign
Subsidiary

	 4247
	  	 Borrower, then, upon written notice by such Lender (each such Lender providing such notice,
an

	 4248
	  	 “Impacted Lender”) to the Parent Borrower and the Administrative
Agent:

		
	 4249
	  	 (a) the obligations of the Lenders hereunder to make extensions of credit to such

	 4250
	  	 Foreign Subsidiary Borrower shall forthwith be (x) suspended until each Impacted Lender
notifies the

	 4251
	  	 Parent Borrower and the Administrative Agent in writing that it is no longer unlawful for such
Impacted

	 4252
	  	 Lender to issue, make, maintain, fund or charge interest with respect to any extension of credit
to such

	 4253
	  	 Foreign Subsidiary Borrower or (y) to the extent required by law, cancelled;

		
	 4254
	  	 (b) if it shall be unlawful for any Impacted Lender to maintain or charge interest with

	 4255
	  	 respect to any outstanding Loan to such Foreign Subsidiary Borrower, such Foreign Subsidiary
Borrower

	 4256
	  	 shall repay (or at its option and to the extent permitted by law, assign to the Parent
Borrower) (x) all

	 4257
	  	 outstanding ABR Loans made to such Foreign Subsidiary Borrower within three Business Days or
such

	 4258
	  	 earlier period as required by law and (y) all outstanding Eurocurrency Loans made to such
Foreign

	 4259
	  	 Subsidiary Borrower on the last day of the then current Interest Periods with respect to such
Eurocurrency

	 4260
	  	 Loans or within such earlier period as required by law; and

		
	 4261
	  	 (c) if it shall be unlawful for any Impacted Lender to maintain, charge interest or

	 4262
	  	 hold any participation with respect to any Letter of Credit issued on behalf of such Foreign
Subsidiary

	 4263
	  	 Borrower, such Foreign Subsidiary Borrower shall deposit in a cash collateral account opened by
the

	 4264
	  	 Administrative Agent an amount equal to the LC Exposure with respect to such Letters of Credit
within

	 4265
	  	 three Business Days or within such earlier period as required by law.

		
	 4266
	  	ARTICLE III
	 4267
	  	
	 4268
	  	Representations and Warranties
		
	 4269
	  	 Each of Holdings, the Parent Borrower, each Subsidiary Term Borrower (as to itself 

	 4270
	  	only) and each Foreign Subsidiary Borrower (as to itself only) represents and warrants to the Lenders
	 4271
	  	 that:

		
	 4272
	  	 SECTION 3.01 Organization; Powers. Each of Holdings, the Parent Borrower and its

	 4273
	  	 Subsidiaries (including the Receivables Subsidiary) is duly organized, validly existing and in
good

	 4274
	  	 standing under the laws of the jurisdiction of its organization, has all requisite power and
authority to

	 4275
	  	 carry on its business as now conducted and, except where the failure to do so, individually or in
the

	 4276
	  	 aggregate, could not reasonably be expected to result in a Material Adverse Effect, is qualified
to do

	 4277
	  	 business in, and is in good standing in, every jurisdiction where such qualification is
required.

		
	 4278
	  	 SECTION 3.02 Authorization; Enforceability. The Transactions to be entered into by

	 4279
	  	 each Loan Party are within such Loan Party’s powers and have been duly authorized by all
necessary

	 4280
	  	 action. This Agreement has been duly executed and delivered by each of Holdings and the
Parent

	 4281
	  	 Borrower and constitutes, and each other Loan Document to which any Loan Party is to be a party,
when

	 4282
	  	 executed and delivered by such Loan Party, will constitute, a legal, valid and binding obligation
of

  
 -95- 

			
	 4283
	  	 Holdings, the Parent Borrower or such Loan Party (as the case may be), enforceable in accordance
with

	 4284
	  	 its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws
affecting

	 4285
	  	 creditors’ rights generally and subject to general principles of equity, regardless of
whether considered in

	 4286
	  	 a proceeding in equity or at law.

		
	 4287
	  	 SECTION 3.03 Governmental Approvals; No Conflicts. The Transactions and the

	 4288
	  	 other transactions contemplated hereby (a) do not require any consent or approval of,
registration or filing

	 4289
	  	 with, or any other action by, any Governmental Authority, except (i) such as have been
obtained or made

	 4290
	  	 and are in full force and effect, (ii) filings necessary to perfect Liens created under the
Loan Documents

	 4291
	  	 and (iii) consents, approvals, registrations, filings or actions the failure of which to
obtain or perform

	 4292
	  	 could not reasonably be expected to result in a Material Adverse Effect, (b) will not violate
any applicable

	 4293
	  	 law or regulation or the charter, by-laws or other
organizational documents of Holdings, the Parent

	 4294
	  	 Borrower or any of its Subsidiaries (including the Receivables Subsidiary) or any order of
any

	 4295
	  	 Governmental Authority, (c) will not violate or result in a default under any indenture,
agreement or other

	 4296
	  	 instrument binding upon Holdings, the Parent Borrower or any of its Subsidiaries (including
the

	 4297
	  	 Receivables Subsidiary) or their assets, or give rise to a right thereunder to require any payment
to be

	 4298
	  	 made by Holdings, the Parent Borrower or any of its Subsidiaries (including the Receivables
Subsidiary),

	 4299
	  	 except for violations, defaults or the creation of such rights that could not reasonably be
expected to result

	 4300
	  	 in a Material Adverse Effect, and (d) will not result in the creation or imposition of any
Lien on any asset

	 4301
	  	 of Holdings, the Parent Borrower or any of its Subsidiaries (including the Receivables
Subsidiary), except

	 4302
	  	 Liens created under the Loan Documents and Liens permitted by Section 6.02.

		
	 4303
	  	 SECTION 3.04 Financial Condition; No Material Adverse Change.

		
	 4304
	  	 (a) Holdings has heretofore furnished to the Lenders its consolidated balance sheet

	 4305
	  	 and statements of income, stockholders equity and cash flows (i) as of and for the fiscal
year ended

	 4306
	  	 December 31, 20142016, reported on by KPMG LLP, independent public
accountants, and (ii) as of and

	 4307
	  	 for the fiscal quarterquarters and the
portionportions of the fiscal year ended on March 31, 2015,2017 and 

	 4308
	  	 June 30, 2017, in each case certified by its chief financial officer (it being
understood that Holdings has

	 4309
	  	 furnished the foregoing to the Lenders by the filing with the Commission Holdings’ annual
report on

	 4310
	  	 Form 10-K for the fiscal year ended December 31,
20142016 and a quarterly report on Form 10-Q for the

	 4311
	  	 fiscal quarterquarters ended March 31, 20152017
and June 30, 2017). Such financial statements present

	 4312
	  	 fairly, in all material respects, the financial position and results of operations and cash flows
of Holdings

	 4313
	  	 and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP,
subject

	 4314
	  	 to year-end audit adjustments and the absence of footnotes
in the case of the statements referred to in

	 4315
	  	 clause (ii) above.

		
	 4316
	  	 (b) Except as disclosed in the financial statements referred to above or the notes

	 4317
	  	 thereto or in the Information Memorandum, except for the Disclosed Matters and except for
liabilities

	 4318
	  	 arising as a result of the Transactions, after giving effect to the Transactions, none of
Holdings, the Parent

	 4319
	  	 Borrower or the Subsidiaries (including the Receivables Subsidiary) has, as of the Restatement
Date, any

	 4320
	  	 contingent liabilities that would be material to Holdings, the Parent Borrower and the
Subsidiaries

	 4321
	  	 (including the Receivables Subsidiary), taken as a whole.

		
	 4322
	  	 (c) Since December 31, 20142016, there has been no event, change or
occurrence

	 4323
	  	 that, individually or in the aggregate, has had or could reasonably be expected to result in a
Material

	 4324
	  	 Adverse Effect.

		
	 4325
	  	 SECTION 3.05 Properties.

  
 -96- 

			
	 4326
	  	 (a) Each of Holdings, the Parent Borrower and its Subsidiaries has good title to, or

	 4327
	  	 valid leasehold interests in, all its real and personal property material to its business
(including its

	 4328
	  	 Mortgaged Properties), except for minor defects in title that do not interfere with its ability to
conduct its

	 4329
	  	 business as currently conducted or to utilize such properties for their intended
purposes.

		
	 4330
	  	 (b) Each of Holdings, the Parent Borrower and its Subsidiaries owns, or is licensed

	 4331
	  	 to use, all trademarks, tradenames, copyrights, patents and other intellectual property material
to its

	 4332
	  	 business, and the use thereof by Holdings, the Parent Borrower and its Subsidiaries does not
infringe

	 4333
	  	 upon the rights of any other Person, except for any such infringements that, individually or in
the

	 4334
	  	 aggregate, could not reasonably be expected to result in a Material Adverse Effect.

		
	 4335
	  	 (c) Schedule 3.05 sets forth the address of each real property that is owned or leased

	 4336
	  	 by Holdings, the Parent Borrower or any of its Subsidiaries as of the Restatement Date after
giving effect

	 4337
	  	 to the Transactions.

		
	 4338
	  	 (d) As of the Restatement Date, none of Holdings, the Parent Borrower or any of its

	 4339
	  	 Subsidiaries has received written notice of any pending or contemplated condemnation
proceeding

	 4340
	  	 affecting any Mortgaged Property or any sale or disposition thereof in lieu of condemnation.
Neither any

	 4341
	  	 Mortgaged Property nor any interest therein is subject to any right of first refusal, option or
other

	 4342
	  	 contractual right to purchase such Mortgaged Property or interest therein.

		
	 4343
	  	 SECTION 3.06 Litigation and Environmental Matters.

		
	 4344
	  	 (a) There are no actions, suits or proceedings by or before any arbitrator or

	 4345
	  	 Governmental Authority pending against or, to the knowledge of Holdings or the Parent
Borrower,

	 4346
	  	 threatened against or affecting Holdings, the Parent Borrower or any of its Subsidiaries
(including the

	 4347
	  	 Receivables Subsidiary) (i) as to which there is a reasonable possibility of an adverse
determination and

	 4348
	  	 that, if adversely determined, could reasonably be expected, individually or in the aggregate, to
result in a

	 4349
	  	 Material Adverse Effect (other than the Disclosed Matters) or (ii) that involve any of the
Loan Documents

	 4350
	  	 or the Transactions.

		
	 4351
	  	 (b) Except for the Disclosed Matters and except with respect to any other matters

	 4352
	  	 that, individually or in the aggregate, could not reasonably be expected to result in a Material
Adverse

	 4353
	  	 Effect, none of Holdings, the Parent Borrower or any of its Subsidiaries (including the
Receivables

	 4354
	  	 Subsidiary) (i) has failed to comply with any Environmental Law or to obtain, maintain or
comply with

	 4355
	  	 any permit, license or other approval required under any Environmental Law, (ii) has become
subject to

	 4356
	  	 any Environmental Liability, (iii) has received notice of any claim with respect to any
Environmental

	 4357
	  	 Liability or (iv) knows of any basis for any Environmental Liability.

		
	 4358
	  	 (c) Since the Restatement Date, there has been no change in the status of the

	 4359
	  	 Disclosed Matters that, individually or in the aggregate, has resulted in, or materially increased
the

	 4360
	  	 likelihood of, a Material Adverse Effect.

		
	 4361
	  	 SECTION 3.07 Compliance with Laws and Agreements. Each of Holdings, the

	 4362
	  	 Parent Borrower and its Subsidiaries (including the Receivables Subsidiary) is in compliance with
all

	 4363
	  	 laws, regulations and orders of any Governmental Authority applicable to it or its property and
all

	 4364
	  	 indentures, agreements and other instruments binding upon it or its property, except where the
failure to

	 4365
	  	 do so, individually or in the aggregate, could not reasonably be expected to result in a Material
Adverse

	 4366
	  	 Effect. No Default has occurred and is continuing.

  
 -97- 

			
	 4367
	  	 SECTION 3.08 Investment Company Status. None of Holdings, the Parent Borrower

	 4368
	  	 or any of its Subsidiaries (including the Receivables Subsidiary) is an “investment
company” as defined

	 4369
	  	 in, or subject to regulation under, the Investment Company Act of 1940.

		
	 4370
	  	 SECTION 3.09 Taxes. Each of Holdings, the Parent Borrower and its Subsidiaries

	 4371
	  	 (including the Receivables Subsidiary) has timely filed or caused to be filed all Tax returns and
reports

	 4372
	  	 required to have been filed and has paid or caused to be paid all Taxes required to have been paid
by it,

	 4373
	  	 except (a) any Taxes that are being contested in good faith by appropriate proceedings and
for which

	 4374
	  	 Holdings, the Parent Borrower or such Subsidiary (including the Receivables Subsidiaries), as
applicable,

	 4375
	  	 has set aside on its books adequate reserves or (b) to the extent that the failure to do so
could not

	 4376
	  	 reasonably be expected to result in a Material Adverse Effect.

		
	 4377
	  	 SECTION 3.10 ERISA. No ERISA Event has occurred or is reasonably expected to

	 4378
	  	 occur that, when taken together with all other such ERISA Events for which liability is
reasonably

	 4379
	  	 expected to occur, could reasonably be expected to result in a Material Adverse Effect. As of
the

	 4380
	  	 Restatement Date, the present value of all accumulated benefit obligations of all underfunded
Plans

	 4381
	  	 (based on the assumptions used for purposes of the Financial Accounting Standards Board
Accounting

	 4382
	  	 Standards Codification Topic No. 715-30) did not, as
of the date of the most recent financial statements

	 4383
	  	 reflecting such amounts, exceed by more than $20,000,000 the fair market value of the assets of
all such

	 4384
	  	 underfunded Plans.

		
	 4385
	  	 SECTION 3.11 Disclosure. Each of Holdings and the Parent Borrower has disclosed

	 4386
	  	 to the Lenders all agreements, instruments and corporate or other restrictions to which Holdings,
the

	 4387
	  	 Parent Borrower or any of its Subsidiaries (including the Receivables Subsidiary) is subject, and
all other

	 4388
	  	 matters known to any of them, that, individually or in the aggregate, could reasonably be expected
to

	 4389
	  	 result in a Material Adverse Effect. Neither the Information Memorandum nor any of the other
reports,

	 4390
	  	 financial statements, certificates or other information furnished by or on behalf of any Loan
Party to the

	 4391
	  	 Administrative Agent or any Lender in connection with the negotiation of this Agreement or any
other

	 4392
	  	 Loan Document or delivered hereunder or thereunder (as modified or supplemented by other
information

	 4393
	  	 so furnished) contains any material misstatement of fact or omits to state any material fact
necessary to

	 4394
	  	 make the statements therein, in the light of the circumstances under which they were made,
not

	 4395
	  	 misleading; provided that, with respect to projected financial information, Holdings and
the Parent

	 4396
	  	 Borrower represent only that such information was prepared in good faith based upon
assumptions

	 4397
	  	 believed to be reasonable at the time such projections were prepared.

		
	 4398
	  	 SECTION 3.12 Subsidiaries. Holdings does not have any subsidiaries other than the

	 4399
	  	 Parent Borrower and the Parent Borrower’s Subsidiaries. Schedule 3.12 sets forth the name of,
and the

	 4400
	  	 ownership interest of the Parent Borrower in, each Subsidiary of the Parent Borrower and
identifies each

	 4401
	  	 Subsidiary that is a Subsidiary Loan Party, in each case as of the Restatement Date.

		
	 4402
	  	 SECTION 3.13 Insurance. Schedule 3.13 sets forth a description of all material

	 4403
	  	 insurance policies maintained by or on behalf of Holdings, the Parent Borrower and the
Subsidiaries as of

	 4404
	  	 the Restatement Date. As of the Restatement Date, all premiums due in respect of such insurance
have

	 4405
	  	 been paid.

		
	 4406
	  	 SECTION 3.14 Labor Matters. As of the Restatement Date, there are no strikes,

	 4407
	  	 lockouts or slowdowns against Holdings, the Parent Borrower or any Subsidiary pending or, to
the

	 4408
	  	 knowledge of Holdings or the Parent Borrower, threatened that could reasonably be expected to have
a

	 4409
	  	 Material Adverse Effect. All payments due from Holdings, the Parent Borrower or any Subsidiary, or
for

	 4410
	  	 which any claim may be made against Holdings, the Parent Borrower or any Subsidiary, on account
of

  
 -98- 

			
	 4411
	  	 wages and employee health and welfare insurance and other benefits, have been paid or accrued as
a

	 4412
	  	 liability on the books of Holdings, the Parent Borrower or such Subsidiary except for those
which,

	 4413
	  	 individually or in the aggregate, would not reasonably be expected to have a Material Adverse
Effect.

	 4414
	  	 The consummation of the Transactions will not give rise to any right of termination or right
of

	 4415
	  	 renegotiation on the part of any union under any collective bargaining agreement to which
Holdings, the

	 4416
	  	 Parent Borrower or any Subsidiary is bound.

		
	 4417
	  	 SECTION 3.15 Solvency. Immediately after the consummation of the Transactions

	 4418
	  	 to occur on the Restatement Date and immediately following the making of each Loan made on
the

	 4419
	  	 Restatement Date and after giving effect to the application of the proceeds of such Loans,
(a) the fair

	 4420
	  	 value of the assets of each Loan Party, at a fair valuation, will exceed its debts and
liabilities,

	 4421
	  	 subordinated, contingent or otherwise, (b) the present fair saleable value of the property of
each Loan

	 4422
	  	 Party will be greater than the amount that will be required to pay the probable liability of its
debts and

	 4423
	  	 other liabilities, subordinated, contingent or otherwise, as such debts and other liabilities
become absolute

	 4424
	  	 and matured, (c) each Loan Party will be able to pay its debts and liabilities, subordinated,
contingent or

	 4425
	  	 otherwise, as such debts and liabilities become absolute and matured and (d) the Loan
Parties, on a

	 4426
	  	 consolidated basis, will not have unreasonably small capital with which to conduct the business in
which

	 4427
	  	 it is engaged as such business is now conducted and is proposed to be conducted following
the

	 4428
	  	 Restatement Date.

		
	 4429
	  	 SECTION 3.16 Senior Indebtedness. The Obligations constitute “Senior

	 4430
	  	 Indebtedness” under the terms of any Indebtedness that is subordinated in right of payment to
the

	 4431
	  	 Obligations.

		
	 4432
	  	 SECTION 3.17 Security Documents.

		
	 4433
	  	 (a) The Pledge Agreement is effective to create in favor of the Collateral Agent, for

	 4434
	  	 the benefit of the Secured Parties, a legal, valid and enforceable security interest in the
Collateral (as

	 4435
	  	 defined in the Pledge Agreement) and, when such Collateral is delivered to the Collateral Agent
and for

	 4436
	  	 so long as the Collateral Agent remains in possession of such Collateral, the security interest
created by

	 4437
	  	 the Pledge Agreement shall constitute a perfected first priority security interest in all right,
title and

	 4438
	  	 interest of the pledgor thereunder in such Collateral, in each case prior and superior in right to
any other

	 4439
	  	 Person.

		
	 4440
	  	 (b) The Security Agreement is effective to create in favor of the Collateral Agent, for

	 4441
	  	 the benefit of the Secured Parties, a legal, valid and enforceable security interest in the
Collateral (as

	 4442
	  	 defined in the Security Agreement) and, when financing statements in appropriate form are filed in
the

	 4443
	  	 offices specified on Schedule 6 to the Perfection Certificate, the security interest created by
the Security

	 4444
	  	 Agreement shall constitute a perfected security interest in all right, title and interest of the
grantors

	 4445
	  	 thereunder in such Collateral (other than the Intellectual Property (as defined in the Security
Agreement)),

	 4446
	  	 in each case prior and superior in right to any other Person, other than with respect to Liens
permitted by

	 4447
	  	 Section 6.02.

		
	 4448
	  	 (c) When the Security Agreement (or a summary thereof) is filed in the United

	 4449
	  	 States Patent and Trademark Office and the United States Copyright Office and the financing
statements

	 4450
	  	 referred to in Section 3.17(b) above are appropriately filed, the security interest created
by the Security

	 4451
	  	 Agreement shall constitute a perfected security interest in all right, title and interest of the
grantors

	 4452
	  	 thereunder in the Intellectual Property (as defined in the Security Agreement) in which a security
interest

	 4453
	  	 may be perfected by filing, recording or registering a security agreement, financing statement
or

	 4454
	  	 analogous document in the United States Patent and Trademark Office or the United States
Copyright

  
 -99- 

			
	 4455
	  	 Office, as applicable, in each case prior and superior in right to any other Person (it being
understood that

	 4456
	  	 subsequent recordings in the United States Patent and Trademark Office and the United States
Copyright

	 4457
	  	 Office and subsequent UCC filings may be necessary to perfect a lien on registered trademarks,
trademark

	 4458
	  	 applications and copyrights acquired by the Loan Parties after the Closing Date), other than with
respect

	 4459
	  	 to Liens permitted by Section 6.02.

		
	 4460
	  	 (d) Each Mortgage, upon execution and delivery thereof by the parties thereto, is

	 4461
	  	 effective to create, subject to the exceptions listed in each title insurance policy covering such
Mortgage,

	 4462
	  	 in favor of the Collateral Agent, for the benefit of the Secured Parties, a legal, valid and
enforceable Lien

	 4463
	  	 on all of the applicable mortgagor’s right, title and interest in and to the Mortgaged
Properties thereunder

	 4464
	  	 and the proceeds thereof, and when the Mortgages are filed in the appropriate offices, the Lien
created by

	 4465
	  	 each Mortgage shall constitute a perfected Lien on all right, title and interest of the applicable
mortgagor

	 4466
	  	 in such Mortgaged Properties and the proceeds thereof, in each case prior and superior in right to
any

	 4467
	  	 other Person, other than with respect to the rights of Persons pursuant to Liens permitted by
Section 6.02.

		
	 4468
	  	 (e) Following the execution of any Foreign Security Document pursuant to Section

	 4469
	  	 4.03, each Foreign Security Document shall be effective to create in favor of the Collateral
Agent, for the

	 4470
	  	 benefit of the Secured Parties, a legal, valid and enforceable security interest in the applicable
collateral

	 4471
	  	 covered by such Foreign Security Document, and when the actions specified in such Foreign
Security

	 4472
	  	 Document, if any, are completed, the security interest created by such Foreign Security Document
shall

	 4473
	  	 constitute a perfected security interest in all right, title and interest of the grantors
thereunder in such

	 4474
	  	 collateral to the full extent possible under the laws of the applicable foreign jurisdiction, in
each case prior

	 4475
	  	 and superior in right to any other Person, other than with respect to Liens permitted by
Section 6.02.

		
	 4476
	  	 SECTION 3.18 Federal Reserve Regulations.

		
	 4477
	  	 (a) None of Holdings, the Parent Borrower or any of the Subsidiaries (including the

	 4478
	  	 Receivables Subsidiary) is engaged principally, or as one of its important activities, in the
business of

	 4479
	  	 extending credit for the purpose of buying or carrying Margin Stock.

		
	 4480
	  	 (b) No part of the proceeds of any Loan or any Letter of Credit will be used, whether

	 4481
	  	 directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that
entails a

	 4482
	  	 violation of the provisions of the Regulations of the Board, including Regulation U or
X.

		
	 4483
	  	 SECTION 3.19 Anti-Corruption Laws and Sanctions. The Parent Borrower has

	 4484
	  	 implemented and maintains in effect policies and procedures designed to ensure compliance by
Holdings,

	 4485
	  	 the Parent Borrower, its Subsidiaries and their respective directors, officers, employees and
agents with

	 4486
	  	 Anti-Corruption Laws and applicable Sanctions, and Holdings, the Parent Borrower, its Subsidiaries
and

	 4487
	  	 their respective officers and employeesdirectors and to the knowledge of
the Parent Borrower its

	 4488
	  	directorsemployees and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in
	 4489
	  	 all material respects. None of (a) Holdings, the Parent Borrower, any Subsidiary or any of
their

	 4490
	  	 respective directors, officers or employees, or (b) to the knowledge of the Parent Borrower,
any agent of

	 4491
	  	 Holdings, the Parent Borrower or any Subsidiary that will act in any capacity in connection with
or

	 4492
	  	 benefit from the credit facility established hereby, is a Sanctioned Person. No Borrowing or
Letter of

	 4493
	  	 Credit, use of proceeds or other transaction contemplated by the Credit Agreement will violate
Anti-

	 4494
	  	 Corruption Laws or applicable Sanctions.

		
	 4495
	  	 SECTION 3.20 EEA Financial Institutions. No Loan Party is an EEA Financial

	 4496
	  	 Institution. 

  
 -100- 

			
	 4497
	  	 SECTION 3.21 Persons of Significant Control. In respect of any shares of a Person 

	 4498
	  	 incorporated in England and Wales over which security or Collateral under the Security
Documents is 

	 4499
	  	 created, or purported to be created, pursuant to any Security Documents (the
“Secured English Shares”): 

	 4500
	  	 (a) no “warning notice” as defined in paragraph 1 of
Schedule 1B of the Companies Act 2006 (a 

	 4501
	  	 “Warning Notice”) and no “restrictions
notice” as defined in paragraph 1 of Schedule 1B of the 

	 4502
	  	 Companies Act 2006 (a “Restrictions Notice”) pursuant to
Part 21A of the Companies Act 2006 has been 

	 4503
	  	 issued to a Loan Party in respect of any Secured English Shares; and (b) each Loan
Party has complied 

	 4504
	  	 with any Warning Notices or Restrictions Notices pursuant to Part 21A of the Companies Act 2006
issued 

	 4505
	  	 to it in respect of any Secured English Shares. 

		
	 4506
	  	ARTICLE IV
	 4507
	  	
	 4508
	  	Conditions
		
	 4509
	  	 SECTION 4.01 Closing Date. Subject to the last sentence of this Section 4.01, the

	 4510
	  	 obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit
hereunder on

	 4511
	  	 the Closing Date shall not become effective and are subject to the satisfaction of the following
conditions

	 4512
	  	 (it being understood and acknowledged that the Closing Date occurred on October 16, 2013 and
that

	 4513
	  	 capitalized terms and Section references used in this Section 4.01 shall be used with the
meanings

	 4514
	  	 assigned thereto in the ExistingOriginal Credit Agreement):

		
	 4515
	  	 (a) The Administrative Agent (or its counsel) shall have received from each party

	 4516
	  	 hereto either (i) a counterpart of this Agreement signed on behalf of such party or
(ii) written

	 4517
	  	 evidence satisfactory to the Administrative Agent (which may include facsimile or other

	 4518
	  	 electronic transmission of a signed signature page of this Agreement) that such party has signed a

	 4519
	  	 counterpart of this Agreement.

		
	 4520
	  	 (b) The Agents shall have received a favorable written opinion (addressed to the

	 4521
	  	 Administrative Agent and the Lenders and dated the Closing Date) of each of (i) Cahill
Gordon &

	 4522
	  	 Reindel LLP, (ii) McDonald Hopkins LLC, (iii) Barnes & Thornburg LLP, and (iv) Jones &
Day

	 4523
	  	 in each case in form and substance reasonably satisfactory to the Administrative Agent. Each of

	 4524
	  	 Holdings and the Parent Borrower hereby requests such counsel to deliver such opinions.

		
	 4525
	  	 (c) The Administrative Agent shall have received such documents and certificates as

	 4526
	  	 the Administrative Agent or its counsel may reasonably request relating to the organization,

	 4527
	  	 existence and good standing of each Loan Party, the authorization of the Transactions and any

	 4528
	  	 other legal matters relating to the Loan Parties, the Loan Documents or the Transactions, all in

	 4529
	  	 form and substance satisfactory to the Administrative Agent and its counsel.

		
	 4530
	  	 (d) The Administrative Agent shall have received a certificate, dated the Closing

	 4531
	  	 Date and signed by the President, a Vice President or a Financial Officer of Holdings and the

	 4532
	  	 Parent Borrower, confirming compliance with the conditions set forth in paragraphs (a) and (b) of

	 4533
	  	 Section 4.02.

		
	 4534
	  	 (e) The Administrative Agent shall have received all fees and other amounts due and

	 4535
	  	 payable on or prior to the Closing Date, including, to the extent invoiced, reimbursement or

	 4536
	  	 payment of all out-of-pocket expenses
(including fees, charges and disbursements of counsel)

	 4537
	  	 required to be reimbursed or paid by any Loan Party hereunder or under any Loan Document.

		
	 4538
	  	 (f) The Collateral and Guarantee Requirement shall have been satisfied and the

	 4539
	  	 Administrative Agent shall have received a completed Perfection Certificate dated the Closing

  
 -101- 

			
	 4540
	  	 Date and signed by an executive officer or Financial Officer of the Parent Borrower, together

	 4541
	  	 with all attachments contemplated thereby, including the results of a search of the Uniform

	 4542
	  	 Commercial Code (or equivalent) filings made with respect to the Loan Parties in the jurisdictions

	 4543
	  	 contemplated by the Perfection Certificate and copies of the financing statements (or similar

	 4544
	  	 documents) disclosed by such search and evidence reasonably satisfactory to the Administrative

	 4545
	  	 Agent that the Liens indicated by such financing statements (or similar documents) are permitted

	 4546
	  	 by Section 6.02 or have been released or will be released pursuant to
UCC-3 financing statements

	 4547
	  	 or other release documentation delivered to the Collateral Agent.

		
	 4548
	  	 (g) The Administrative Agent shall have received evidence that the insurance

	 4549
	  	 required by Section 5.07 and the Security Documents is in effect, together with endorsements

	 4550
	  	 naming the Collateral Agent, for the benefit of the Secured Parties, as additional insured and loss

	 4551
	  	 payee thereunder, to the extent required by Section 5.07.

		
	 4552
	  	 (h) The Transactions shall have been consummated or shall be consummated

	 4553
	  	 substantially simultaneously with the initial funding of the Tranche A Term Loans on the Closing

	 4554
	  	 Date in accordance with applicable law and all other related documentation in all material

	 4555
	  	 respects (without giving effect to any amendments not approved by the Administrative Agent),

	 4556
	  	 and after giving effect to the Transactions and the other transactions contemplated hereby, none

	 4557
	  	 of Holdings, the Parent Borrower or any of the Subsidiaries shall have outstanding any shares of

	 4558
	  	 preferred stock or any Indebtedness to a Person other than the Parent Borrower or any Subsidiary,

	 4559
	  	 other than (i) Indebtedness incurred under the Loan Documents and (ii) Indebtedness incurred

	 4560
	  	 and outstanding as of the Closing Date in compliance with Section 6.01 of this Agreement. The

	 4561
	  	 Liens securing the obligations under the Existing Credit Agreement shall have been released or

	 4562
	  	 shall be released substantially simultaneously with the initial funding of the Tranche A Term

	 4563
	  	 Loans on the Closing Date. Each Lender party hereto that is also a “Lender” under the Existing

	 4564
	  	 Credit Agreement hereby waives the requirement for advance notice of termination of

	 4565
	  	 “Commitments” under the Existing Credit Agreement and prepayment of any “Loans”

	 4566
	  	 outstanding thereunder; provided such notice of termination and prepayment is delivered on the

	 4567
	  	 Closing Date of this Agreement.

		
	 4568
	  	 (i) The Lenders shall have received the financial statements referred to in Section

	 4569
	  	 3.04(a).

		
	 4570
	  	 (j) The Administrative Agent shall have received a certificate, in form and substance

	 4571
	  	 reasonably satisfactory to the Administrative Agent, dated the Closing Date and signed by the

	 4572
	  	 chief financial officer of each of Holdings and the Parent Borrower, certifying that Holdings and

	 4573
	  	 its Subsidiaries, on a consolidated basis after giving effect to the Transactions, are solvent.

		
	 4574
	  	 (k) The Administrative Agent and the Lenders shall have received all documentation

	 4575
	  	 and other information required by bank regulatory authorities under applicable “know your

	 4576
	  	 customer” and anti-money laundering rules and regulations, including the PATRIOT Act.

		
	 4577
	  	The Administrative Agent shall notify the Parent Borrower and the Lenders of the Closing Date, and such
	 4578
	  	notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to
	 4579
	  	make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless
	 4580
	  	each of the foregoing conditions is satisfied (or waived pursuant to Section 10.02) at or prior to 5:00 p.m.,
	 4581
	  	New York City time, on October 16, 2013 (and, in the event such conditions are not so satisfied or
	 4582
	  	waived, the Commitments shall terminate at such time).

  
 -102- 

			
		
	 4583
	  	 SECTION 4.02 Each Credit Event. The obligation of each Lender to make a Loan on

	 4584
	  	the occasion of any Borrowing (other than (i) any Revolving Loan made pursuant to Section 2.04(d) or
	 4585
	  	Section 2.05(d) and (ii) any continuation or conversion of a Borrowing pursuant to the terms hereof that
	 4586
	  	does not result in the increase of the aggregate principal amount of the Borrowings then outstanding), and
	 4587
	  	of the Issuing Bank to issue, amend, renew or extend any Letter of Credit, is subject to receipt of the
	 4588
	  	request therefor in accordance herewith and to the satisfaction of the following conditions:
		
	 4589
	  	 (a) The representations and warranties of each Loan Party set forth in the Loan

	 4590
	  	 Documents shall be true and correct on and as of the date of such Borrowing or the date of

	 4591
	  	 issuance, amendment, renewal or extension of such Letter of Credit, as applicable.

		
	 4592
	  	 (b) At the time of and immediately after giving effect to such Borrowing or the

	 4593
	  	 issuance, amendment, renewal or extension of such Letter of Credit, as applicable, no Default

	 4594
	  	 shall have occurred and be continuing.

		
	 4595
	  	 Each Borrowing and each issuance, amendment, renewal or extension of a Letter of

	 4596
	  	Credit shall be deemed to constitute a representation and warranty by Holdings and the Parent Borrower
	 4597
	  	on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section.
		
	 4598
	  	 SECTION 4.03 Credit Events Relating to Foreign Subsidiary Borrowers. The

	 4599
	  	obligation of each Lender to make Loans to any Foreign Subsidiary Borrower, and of the Issuing Bank to
	 4600
	  	issue, amend, renew or extend any Letter of Credit to any Foreign Subsidiary Borrower, is subject to the
	 4601
	  	satisfaction of the following conditions:
		
	 4602
	  	 (a) With respect to the earlier to occur of the initial Loan made to or the initial
Letter

	 4603
	  	 of Credit issued for the account of such Foreign Subsidiary Borrower:

		
	 4604
	  	 (i) the Administrative Agent (or its counsel) shall have received such

	 4605
	  	 Foreign Subsidiary Borrower’s Foreign Subsidiary Borrowing Agreement duly executed

	 4606
	  	 and delivered by all parties thereto;

		
	 4607
	  	 (ii) the Administrative Agent shall have received such documents (including

	 4608
	  	 legal opinions) and certificates as the Administrative Agent or its counsel may reasonably

	 4609
	  	 request relating to the formation, existence and good standing of such Foreign Subsidiary

	 4610
	  	 Borrower, the authorization of the transactions contemplated hereby relating to such

	 4611
	  	 Foreign Subsidiary Borrower and any other legal matters relating to such Foreign

	 4612
	  	 Subsidiary Borrower or its Foreign Subsidiary Borrowing Agreement, all in form and

	 4613
	  	 substance satisfactory to the Administrative Agent and its counsel; and

		
	 4614
	  	 (iii) the Administrative Agent and the Lenders shall have received all

	 4615
	  	 documentation and other information relating to such Foreign Subsidiary Borrower

	 4616
	  	 required by bank regulatory authorities under applicable “know your customer” and anti-

	 4617
	  	 money laundering rules and regulations, including the PATRIOT Act, in all cases

	 4618
	  	 reasonably satisfactory to the Administrative Agent and the Lenders.

		
	 4619
	  	 SECTION 4.04 Conditions to the Restatement Date. The obligations of the Lenders

	 4620
	  	to make Loans and of the Issuing Bank to issue Letters of Credit hereunder on the Restatement Date are
	 4621
	  	subject to, and shall not become effective until, the satisfaction of the following conditions:
		
	 4622
	  	 (a) The Administrative Agent (or its counsel) shall have received (i) counterparts
of

	 4623
	  	 (or written evidence satisfactory to the Administrative Agent (which may include facsimile or

  
 -103- 

			
	 4624
	  	other electronic transmission of a signed signature page) that such party has signed a counterpart
	 4625
	  	of) the Replacement Revolving Facility Amendment, executed by the Parent Borrower, each
	 4626
	  	Foreign Subsidiary Borrower, each other Loan Party, the Administrative Agent, the Fronting
	 4627
	  	Lender, each Issuing Bank, each Swingline Lender, and Persons with aggregate Revolving
	 4628
	  	Commitments of $500,000,000 and Persons committing therein to make or continue an aggregate 
	 4629
	  	principal amount of Term Loans equal to $275,000,000300,000,000 and (ii) reasonably
	 4630
	  	satisfactory evidence that (A) all Existing Term Loans shall have been paid in full or will be paid
	 4631
	  	in full substantially simultaneously with the effectiveness of this Agreement, or replaced with 
	 4632
	  	Term Loans hereunder and (B) all Existing Revolving Commitments and Existing Revolving
	 4633
	  	Loans shall be replaced with Revolving Commitments or Revolving Loans, as applicable,
	 4634
	  	hereunder or otherwise terminated or repaid, as applicable (and in each case all accrued interest
	 4635
	  	on the Existing Term Loans, Existing Revolving Loans and Existing Revolving Commitments
	 4636
	  	and other amounts (including fees) outstanding in respect thereof shall have been paid in full).
		
	 4637
	  	 (b) The Administrative Agent shall have received a favorable written opinion

	 4638
	  	(addressed to the Administrative Agent and the Lenders and dated the Restatement Date) of each
	 4639
	  	of (i) Cahill Gordon & Reindel LLP, (ii) Barnes & Thornburg LLP and, (iii) Jones Day and (iv) 
	 4640
	  	Eversheds Sutherland LLP, in each case in form and substance reasonably satisfactory to the
	 4641
	  	Administrative Agent. Each of Holdings and the Parent Borrower hereby requests such counsel
	 4642
	  	to deliver such opinions.
		
	 4643
	  	 (c) The Administrative Agent shall have received such documents and certificates as

	 4644
	  	the Administrative Agent or its counsel may reasonably request relating to the organization,
	 4645
	  	existence and good standing of the Parent Borrower and each Foreign Subsidiary Borrower, the
	 4646
	  	authorization of the Transactions and any other legal matters relating to the Parent Borrower, the
	 4647
	  	Foreign Subsidiary Borrowers, the Loan Documents or the Transactions, all in form and
	 4648
	  	substance satisfactory to the Administrative Agent and its counsel.
		
	 4649
	  	 (d) The Administrative Agent shall have received a certificate, dated the Restatement

	 4650
	  	Date and signed by the President, a Vice President or a Financial Officer of Holdings and the
	 4651
	  	Parent Borrower, confirming compliance with the conditions set forth in paragraphs (a) and (b) of
	 4652
	  	Section 4.02.
		
	 4653
	  	 (e) The Administrative Agent shall have received all fees and other amounts due and

	 4654
	  	payable on or prior to the Restatement Date, including, to the extent invoiced, reimbursement or
	 4655
	  	payment of all out-of-pocket expenses (including fees, charges and disbursements of counsel)
	 4656
	  	required to be reimbursed or paid by any Loan Party hereunder or under any Loan Document (and
	 4657
	  	for the avoidance of doubt, including all interest, fees, expenses and other amounts due under the
	 4658
	  	Existing Credit Agreement).
		
	 4659
	  	 (f) (i) The Collateral and Guarantee Requirement shall have been satisfied as of the

	 4660
	  	Restatement Date, (ii) with respect to each Mortgage encumbering each Mortgaged Property 
	 4661
	  	owned or leased by any Loan Party as of the Restatement Date, the Parent Borrower shall have
	 4662
	  	delivered to the Administrative Agent (A) an amendment thereof (each, a “Mortgage
	 4663
	  	Amendment”), setting forth such changes as are reasonably necessary to reflect that the lien
	 4664
	  	securing the Obligations on the Restatement Date encumbers such Mortgaged Property and to
	 4665
	  	further grant, preserve, protect and perfect the validity and priority of the security interest created
	 4666
	  	thereby created and perfected, (B) a datedown/modification endorsement with respect to each
	 4667
	  	policy of title insurance insuring the interest of the mortgagee with respect to each such Mortgage
	 4668
	  	and (C) an opinion of local counsel as to the recordability of the applicable Mortgage

  
 -104- 

			
	 4669
	  	 Amendment and enforceability under the applicable local law of the applicable Mortgage,
as

	 4670
	  	 modified by the applicable Mortgage Amendment, and such other matters as may be
reasonably

	 4671
	  	 requested by the Administrative Agent, each of the foregoing reasonably satisfactory to
the

	 4672
	  	 Administrative Agent; provided that if, notwithstanding the use by the Loan Parties
of

	 4673
	  	 commercially reasonable efforts to satisfy the requirement set forth in this Section
4.04(f)(ii),

	 4674
	  	 such requirement is not satisfied as of the Restatement Date, the satisfaction of such
requirement

	 4675
	  	 shall not be a condition to the obligations of the Lenders to make Loans and of the Issuing
Bank

	 4676
	  	 to issue Letters of Credit hereunder on the Restatement Date (but shall be required to be
satisfied

	 4677
	  	 in accordance with Section 5.14) and (iii) with respect to each Mortgaged Property as of
the

	 4678
	  	 Restatement Date that is located in a special flood hazard area, to the extent required
by

	 4679
	  	 Regulation H of the Board, the Parent Borrower shall have delivered to the Administrative
Agent

	 4680
	  	 (A) a policy of flood insurance that (1) covers any parcel of improved real property that
is

	 4681
	  	 encumbered by such Mortgage and is located in a special flood hazard area, (2) is written in
an

	 4682
	  	 amount that is reasonably satisfactory to the Administrative Agent and (3) has a term ending
not

	 4683
	  	 later than the maturity of the Indebtedness secured by such Mortgage and (B) confirmation
that

	 4684
	  	 the Parent Borrower has received the notice required pursuant to Section 208.25(i) of
Regulation

	 4685
	  	 H of the Board..

		
	 4686
	  	 (g) The Lenders shall have received the financial statements referred to in Section

	 4687
	  	 3.04(a).

		
	 4688
	  	 (h) The Cequent Spin-off shall be consummated substantially simultaneously
with

	 4689
	  	 proceeds of the Restatement Date Dividend being applied to repay Existing Term Loans and

	 4690
	  	 Existing Revolving Loans.

		
	 4691
	  	 The Administrative Agent shall notify the Parent Borrower and the Lenders of the

	 4692
	  	Restatement Date, and such notice shall be conclusive and binding.
		
	 4693
	  	ARTICLE V
	 4694
	  	
	 4695
	  	Affirmative Covenants
		
	 4696
	  	 Until the Commitments have expired or been terminated and the principal of and interest

	 4697
	  	on each Loan and all fees payable hereunder shall have been paid in full and all Letters of Credit shall
	 4698
	  	have expired or terminated and all LC Disbursements shall have been reimbursed, each of Holdings, the
	 4699
	  	Parent Borrower, each Subsidiary Term Borrower (as to itself only) and each Foreign Subsidiary
	 4700
	  	Borrower (as to itself only) covenants and agrees with the Lenders that:
		
	 4701
	  	 SECTION 5.01 Financial Statements and Other Information. Holdings or the Parent

	 4702
	  	Borrower will furnish to the Administrative Agent and each Lender:
		
	 4703
	  	 (a) within 90 days after the end of each fiscal year of Holdings, its audited

	 4704
	  	 consolidated balance sheet and related statements of operations, stockholders’ equity and cash

	 4705
	  	 flows as of the end of and for such year, setting forth in each case in comparative form the figures

	 4706
	  	 for the previous fiscal year, all reported on by Deloitte & Touche LLP or other independent

	 4707
	  	 public accountants of recognized national standing (without a “going concern” or like

	 4708
	  	 qualification or exception (except for any such qualification or exception resulting from any

	 4709
	  	 current maturity of Loans hereunder) and without any qualification or exception as to the scope of

	 4710
	  	 such audit) to the effect that such consolidated financial statements present fairly in all material

	 4711
	  	 respects the financial condition and results of operations of Holdings and its consolidated

	 4712
	  	 subsidiaries on a consolidated basis in accordance with GAAP consistently applied (it being

  
 -105- 

			
	4713	  	 understood that the obligation to furnish the foregoing to the Administrative Agent and the

	4714	  	 Lenders shall be deemed to be satisfied in respect of any fiscal year of Holdings by the filing of

	4715	  	 Holdings’ annual report on Form 10-K for such fiscal year with the
Commission to the extent the

	4716	  	 foregoing are included therein);

		
	4717	  	 (b) within 45 days after the end of each of the first three fiscal quarters of each
fiscal

	4718	  	 year of Holdings, its consolidated balance sheet and related statements of operations,

	4719	  	 stockholders’ equity and cash flows as of the end of and for such fiscal quarter and the then

	4720	  	 elapsed portion of the fiscal year, setting forth in each case in comparative form the figures for

	4721	  	 the corresponding period or periods of (or, in the case of the balance sheet, as of the end of) the

	4722	  	 previous fiscal year, all certified by one of its Financial Officers as presenting fairly in all

	4723	  	 material respects the financial condition and results of operations of Holdings and its consolidated

	4724	  	 subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to

	4725	  	 normal year-end audit adjustments and the absence of footnotes (it being
understood that the

	4726	  	 obligation to furnish the foregoing to the Administrative Agent and the Lenders shall be deemed

	4727	  	 to be satisfied in respect of any fiscal quarter of Holdings by the filing of Holdings’ quarterly

	4728	  	 report on Form 10-Q for such fiscal quarter with the Commission to the extent
the foregoing are

	4729	  	 included therein);

		
	4730	  	 (c) within 90 days after the end of each fiscal year of Holdings (but in any event no

	4731	  	 later than two Business Days after any delivery of financial statements under clause (a) above), or

	4732	  	 within 45 days after the end of each of the first three fiscal quarters of each fiscal year of

	4733	  	 Holdings (but in any event no later than two Business Days after any delivery of financial

	4734	  	 statements under clause (b) above), a certificate of a Financial Officer of Holdings or the Parent

	4735	  	 Borrower (i) certifying as to whether a Default has occurred and, if a Default has occurred,

	4736	  	 specifying the details thereof and any action taken or proposed to be taken with respect thereto,

	4737	  	 (ii) setting forth reasonably detailed calculations demonstrating compliance with Sections 6.12

	4738	  	 and 6.13, (iii) stating whether any change in GAAP or in the application thereof has occurred

	4739	  	 since the date of Holdings’ audited financial statements referred to in Section 3.04 and, if
any

	4740	  	 such change has occurred, specifying the effect of such change on the financial statements

	4741	  	 accompanying such certificate and (iv) identifying all Subsidiaries existing on the date of such

	4742	  	 certificate and indicating, for each such Subsidiary, whether such Subsidiary is a Domestic

	4743	  	 Subsidiary (and if so, whether such Subsidiary is a Subsidiary Loan Party) or a Foreign

	4744	  	 Subsidiary and whether such Subsidiary was formed or acquired since the end of the previous

	4745	  	 fiscal quarter;

		
	4746	  	 (d) within 90 days after the end of each fiscal year of Holdings, (i) a certificate of
the

	4747	  	 accounting firm that reported on such financial statements stating whether they obtained

	4748	  	 knowledge during the course of their examination of such financial statements of any Default

	4749	  	 (which certificate may be limited to the extent required by accounting rules or guidelines) and (ii)

	4750	  	 a certificate of a Financial Officer of Holdings or the Parent Borrower (A) identifying any parcels

	4751	  	 of real property or improvements thereto with a value exceeding $2,000,0005,000,000 that
have

	4752	  	 been acquired by any Loan Party since the end of the previous fiscal year, (B) identifying any

	4753	  	 changes of the type described in Section 5.03(a) that have not been previously reported by the

	4754	  	 Parent Borrower, (C) identifying any Permitted Acquisitions that have been consummated since

	4755	  	 the end of the previous fiscal year, including the date on which each such Permitted Acquisition

	4756	  	 was consummated and the consideration therefor, and (D) identifying any Intellectual Property

	4757	  	 (as defined in the Security Agreement) with respect to which a notice is required to be delivered

	4758	  	 under the Security Agreement and has not been previously delivered and
(E) identifying any 

	4759	  	 Prepayment Events that have occurred since the end of the previous fiscal year and setting forth
a

  
 -106- 

			
	 4760
	  	 reasonably detailed calculation of the Net Proceeds received from Prepayment Events since the

	 4761
	  	 end of such previous fiscal year;;

		
	 4762
	  	 (e) no later than February 15 of each fiscal year of Holdings (commencing with
the

	 4763
	  	 fiscal year ending December 31, 2013), a detailed consolidated budget for such fiscal year

	 4764
	  	 (including a projected consolidated balance sheet and related statements of projected operations

	 4765
	  	 and cash flow as of the end of and for such fiscal year and setting forth the assumptions used for

	 4766
	  	 purposes of preparing such budget) and, promptly when available, any material revisions of such

	 4767
	  	 budget that have been approved by senior management of Holdings;

		
	 4768
	  	 (f) promptly after the same become publicly available, copies of all periodic and

	 4769
	  	 other reports, proxy statements and other materials filed by Holdings, the Parent Borrower or any

	 4770
	  	 Subsidiary with the Commission or with any national securities exchange, as the case may be (it

	 4771
	  	 being understood that the obligation to furnish the foregoing to the Administrative Agent and the

	 4772
	  	 Lenders shall be deemed to be satisfied to the extent the foregoing are filed with the

	 4773
	  	 Commission); and 

		
	 4774
	  	 (g) no later than five business days prior to any proposed utilization of the Available

	 4775
	  	 Amount, a certificate of a Financial Officer of Holdings or the Parent Borrower setting forth a

	 4776
	  	 reasonably detailed calculations of the Available Amount as of the date of the proposed 

	 4777
	  	 utilization (prior to giving effect thereto); and 

		
	 4778
	  	 (gh) promptly following any request therefor, such other information
regarding the

	 4779
	  	 operations, business affairs and financial condition of Holdings, the Parent Borrower or any

	 4780
	  	 Subsidiary, or compliance with the terms of any Loan Document, as the Administrative Agent or

	 4781
	  	 any Lender may reasonably request.

		
	 4782
	  	 SECTION 5.02 Notices of Material Events. Holdings and the Parent Borrower will

	 4783
	  	furnish to the Administrative Agent and each Lender prompt written notice of the following:
		
	 4784
	  	 (a) the occurrence of any Default;

		
	 4785
	  	 (b) the filing or commencement of any action, suit or proceeding by or before any

	 4786
	  	 arbitrator or Governmental Authority against or affecting Holdings, the Parent Borrower or any

	 4787
	  	 Subsidiary thereof that, if adversely determined, could reasonably be expected to result in a

	 4788
	  	 Material Adverse Effect;

		
	 4789
	  	 (c) the occurrence of any ERISA Event that, alone or together with any other ERISA

	 4790
	  	 Events that have occurred, could reasonably be expected to result in liability of Holdings, the

	 4791
	  	 Parent Borrower and its Subsidiaries in an aggregate amount exceeding $15,000,000; and

		
	 4792
	  	 (d) any other development that results in, or could reasonably be expected to result

	 4793
	  	 in, a Material Adverse Effect.

		
	 4794
	  	 Each notice delivered under this Section shall be accompanied by a statement of a Financial
Officer or

	 4795
	  	 other executive officer of the Parent Borrower setting forth the details of the event or
development

	 4796
	  	 requiring such notice and any action taken or proposed to be taken with respect
thereto.

		
	 4797
	  	 SECTION 5.03 Information Regarding Collateral.

  
 -107- 

			
	 4798
	  	 (a) The Parent Borrower will furnish to the Administrative Agent prompt written

	 4799
	  	notice of any change (i) in any Loan Party’s legal name or in any trade name used to identify it in the
	 4800
	  	conduct of its business or in the ownership of its properties, (ii) in the location of any Loan Party’s chief
	 4801
	  	executive office, its principal place of business, any office in which it maintains books or records relating
	 4802
	  	to Collateral owned by it or any office or facility at which Collateral owned by it is located (including the
	 4803
	  	establishment of any such new office or facility), (iii) in any Loan Party’s identity or structure, (iv) in any
	 4804
	  	Loan Party’s jurisdiction of organization or (v) in any Loan Party’s Federal Taxpayer Identification
	 4805
	  	Number. The Parent Borrower agrees not to effect or permit any change referred to in the preceding
	 4806
	  	sentence unless written notice has been delivered to the Collateral Agent, together with all applicable
	 4807
	  	information to enable the Administrative Agent to make all filings under the Uniform Commercial Code
	 4808
	  	or otherwise that are required in order for the Collateral Agent (on behalf of the Secured Parties) to
	 4809
	  	continue at all times following such change to have a valid, legal and perfected security interest in all the
	 4810
	  	Collateral.
		
	 4811
	  	 (b) Each year, within 90 days after the end of each fiscal year of Holdings, Holdings

	 4812
	  	(on behalf of itself and the other Loan Parties) shall deliver to the Administrative Agent a certificate of a
	 4813
	  	Financial Officer of Holdings (i) setting forth the information required pursuant to the Perfection
	 4814
	  	Certificate or confirming that there has been no change in such information since the date of the
	 4815
	  	Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered
	 4816
	  	pursuant to this Section and (ii) certifying that all Uniform Commercial Code financing statements
	 4817
	  	(including fixture filings, as applicable) or other appropriate filings, recordings or registrations, including
	 4818
	  	all refilings, rerecordings and reregistrations, containing a description of the Collateral have been filed of
	 4819
	  	record in each governmental, municipal or other appropriate office in each jurisdiction identified pursuant
	 4820
	  	to clause (i) above to the extent necessary to protect and perfect the security interests under the Security
	 4821
	  	Documents for a period of not less than 18 months after the date of such certificate (except as noted
	 4822
	  	therein with respect to any continuation statements to be filed within such period).
		
	 4823
	  	 SECTION 5.04 Existence; Conduct of Business.

		
	 4824
	  	 (a) Each of Holdings, the Parent Borrower and the Foreign Subsidiary Borrowers

	 4825
	  	will, and will cause each of the Subsidiaries to, do or cause to be done all things necessary to preserve,
	 4826
	  	renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges,
	 4827
	  	franchises, patents, copyrights, trademarks and trade names the loss of which would have a Material
	 4828
	  	Adverse Effect; provided that the foregoing shall not prohibit any merger, consolidation, liquidation or
	 4829
	  	dissolution permitted under Section 6.03 or disposition permitted under Section 6.05.
		
	 4830
	  	 (b) Holdings and the Parent Borrower will cause all the Equity Interests of the

	 4831
	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers to be owned, directly or indirectly, by
	 4832
	  	 the Parent Borrower or any Subsidiary, and the Subsidiary Term Borrowers shall at all
times remain a 

	 4833
	  	guarantor under the Guarantee Agreement.
		
	 4834
	  	 SECTION 5.05 Payment of Obligations. Each of Holdings, the Parent Borrower, the 

	 4835
	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers will, and will cause each of the
	 4836
	  	Subsidiaries (including the Receivables Subsidiary) to, pay its Indebtedness and other obligations,
	 4837
	  	including Tax liabilities, before the same shall become delinquent or in default, except (a) those being
	 4838
	  	contested in good faith by appropriate proceedings and for which Holdings, the Parent Borrower, a 
	 4839
	  	Subsidiary Term Borrower, or a Foreign Subsidiary Borrower or such Subsidiary, as applicable, has set
	 4840
	  	aside on its books adequate reserves with respect thereto in accordance with GAAP, or (b) to the extent
	 4841
	  	the failure to make payment could not reasonably be expected to result in a Material Adverse Effect;
	 4842
	  	provided that no amounts received from any Loan Party shall be applied to Excluded Swap Obligations of
	 4843
	  	 such Loan Party.

  
 -108- 

			
		
	4844	  	 SECTION 5.06 Maintenance of Properties. Each of Holdings, the Parent Borrower, 

	4845	  	the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers will, and will cause each of the
	4846	  	Subsidiaries to, keep and maintain all property material to the conduct of their business, taken as a whole,
	4847	  	in good working order and condition, ordinary wear and tear excepted; provided that the foregoing shall
	4848	  	not prohibit any merger, consolidation, liquidation or dissolution permitted under Section 6.03 or
	4849	  	disposition permitted under Section 6.05.
		
	4850	  	 SECTION 5.07 Insurance. Each of Holdings, the Parent Borrower, the Subsidiary 

	4851	  	Term Borrowers and the Foreign Subsidiary Borrowers will, and will cause each of the Subsidiaries to,
	4852	  	maintain insurance in such amounts (with no greater risk retention) and against such risks as are
	4853	  	customarily maintained by companies of established repute engaged in the same or similar businesses
	4854	  	operating in the same or similar locations, except where the failure to do so could not reasonably be
	4855	  	expected to result in a Material Adverse Effect. Such insurance shall be maintained with financially
	4856	  	sound and reputable insurance companies, except that a portion of such insurance program (not to exceed
	4857	  	that which is customary in the case of companies engaged in the same or similar business or having
	4858	  	similar properties similarly situated) may be effected through self-insurance; provided adequate reserves
	4859	  	therefor, in accordance with GAAP, are maintained. In addition, each of Holdings, the Parent Borrower, 
	4860	  	the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers will, and will cause each of its
	4861	  	Subsidiaries to, maintain all insurance required to be maintained pursuant to the Security Documents.
	4862	  	With respect to each Mortgaged Property that is located in an area determined by the Federal Emergency
	4863	  	Management Agency to have special flood hazards, the applicable Loan Party will maintain, with
	4864	  	financially sound and reputable insurance companies, such flood insurance as is required under applicable
	4865	  	law, including Regulation H of the BoardFlood Laws. The Parent Borrower will furnish to the Lenders,
	4866	  	upon request of the Administrative Agent, information in reasonable detail as to the insurance so
	4867	  	maintained. All insurance policies or certificates (or certified copies thereof) with respect to such
	4868	  	insurance shall be endorsed to the Collateral Agent’s reasonable satisfaction for the benefit of the Lenders
	4869	  	(including, without limitation, by naming the Collateral Agent as loss payee or additional insured, as
	4870	  	appropriate).
		
	4871	  	 SECTION 5.08 Casualty and Condemnation. The Parent Borrower (a) will furnish
to

	4872	  	the Administrative Agent and the Lenders prompt written notice of casualty or other insured damage to
	4873	  	any material portion of any Collateral having a book value or fair market value of $1,000,000 or more or
	4874	  	the commencement of any action or proceeding for the taking of any Collateral having a book value or
	4875	  	fair market value of $1,000,000 or more or any part thereof or interest therein under power of eminent
	4876	  	domain or by condemnation or similar proceeding and (b) will ensure that the Net Proceeds of any such 
	4877	  	event (whether in the form of insurance proceeds, condemnation awards or otherwise) are collected and
	4878	  	applied in accordance with the applicable provisions of this Agreement and the Security Documents..
		
	4879	  	 SECTION 5.09 Books and Records; Inspection and Audit Rights. Each of Holdings,

	4880	  	the Parent Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers will, and will
	4881	  	cause each of the Subsidiaries to, keep proper books of record and account in which full, true and correct
	4882	  	entries are made of all dealings and transactions in relation to its business and activities. Each of
	4883	  	Holdings, the Parent Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers
	4884	  	will, and will cause each of the Subsidiaries to, permit any representatives designated by the
	4885	  	Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its properties, to
	4886	  	examine and make extracts from its books and records, and to discuss its affairs, finances and condition
	4887	  	with its officers and independent accountants, all at such reasonable times and as often as reasonably
	4888	  	requested.

  
 -109- 

			
		
	4889	  	 SECTION 5.10 Compliance with Laws. Each of Holdings, the Parent Borrower, the 

	4890	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers will, and will cause each of the
	4891	  	Subsidiaries to, comply with all laws, rules, regulations and orders of any Governmental Authority
	4892	  	applicable to it or its property, except where the failure to do so, individually or in the aggregate, could
	4893	  	not reasonably be expected to result in a Material Adverse Effect. The Parent Borrower will maintain in
	4894	  	effect and enforce policies and procedures designed to ensure compliance by Holdings, the Parent
	4895	  	Borrower, its Subsidiaries and their respective directors, officers, employees and agents with Anti-
	4896	  	Corruption Laws and applicable Sanctions. Each Loan Party shall (and Holdings will ensure that each 
	4897	  	Subsidiary shall) (a) comply with any notice served on it pursuant to Part 21A of the Companies Act 2006 
	4898	  	with respect to any Secured English Shares within the timeframe specified in the notice, and promptly 
	4899	  	provide the Collateral Agent with a copy of any such notice, and (b) procure that neither it nor any of its 
	4900	  	subsidiaries shall issue a Warning Notice or Restrictions Notice with respect to Secured English Shares 
	4901	  	unless it is required by law to do so. 
		
	4902	  	 SECTION 5.11 Use of Proceeds and Letters of Credit. The Parent Borrower and the 

	4903	  	Subsidiary Term Borrowers will use the proceeds of the Term Loans on the Restatement Date solely to
	4904	  	consummate the Transactions. The proceeds of the Revolving Loans and Swingline Loans will be used
	4905	  	only for general corporate purposes and, to the extent permitted by Section 6.01(a)(i), Permitted
	4906	  	Acquisitions. Letters of Credit will be available only for general corporate purposes. No part of the
	4907	  	proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation
	4908	  	of any of the Regulations of the Board, including Regulations T, U and X.
		
	4909	  	 SECTION 5.12 Additional Subsidiaries. If any additional Subsidiary is formed or

	4910	  	acquired after the Restatement Date, the Parent Borrower will, within five Business Days after such
	4911	  	Subsidiary is formed or acquired, notify the Administrative Agent and the Lenders thereof and, within 30
	4912	  	days (or such longer period as may be agreed to by the Administrative Agent) after such Subsidiary is
	4913	  	formed or acquired, cause the Collateral and Guarantee Requirement and the Foreign Security Collateral
	4914	  	and Guarantee Requirement to be satisfied with respect to such Subsidiary, including with respect to any
	4915	  	Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party.
		
	4916	  	 SECTION 5.13 Further Assurances.

		
	4917	  	 (a) Each of Holdings, the Parent Borrower, the Subsidiary Term Borrowers and the

	4918	  	Foreign Subsidiary Borrowers will, and will cause each Subsidiary Loan Party to, execute any and all
	4919	  	further documents, financing statements, agreements and instruments, and take all such further actions
	4920	  	(including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust,
	4921	  	landlord waivers and other documents), which may be required under any applicable law, or which the
	4922	  	Administrative Agent or the Required Lenders may reasonably request, to cause the Collateral and
	4923	  	Guarantee Requirement and the Foreign Security Collateral and Guarantee Requirement to be and remain
	4924	  	satisfied, all at the expense of the Loan Parties. Holdings, the Parent Borrower, the Subsidiary Term 
	4925	  	Borrowers and the Foreign Subsidiary Borrowers also agree to provide to the Administrative Agent, from
	4926	  	time to time upon request, evidence reasonably satisfactory to the Administrative Agent as to the
	4927	  	perfection and priority of the Liens created or intended to be created by the Security Documents.
		
	4928	  	 (b) If any assets (including any real property or improvements thereto or any interest

	4929	  	therein) having a book value or fair market value of $5,000,00010,000,000 or more in the aggregate are
	4930	  	acquired by the Parent Borrower or any Subsidiary Loan Party after the Restatement Date or through the

  
 -110- 

			
	4931	  	 acquisition of a Subsidiary Loan Party under Section 5.12 (other than, in each case, assets
constituting

	4932	  	 Collateral under the Security Agreement or the Pledge Agreement that become subject to the Lien of
the

	4933	  	 Security Agreement or the Pledge Agreement upon acquisition thereof), the Parent Borrower or,
if

	4934	  	 applicable, the relevant Subsidiary Loan Party will notify the Administrative Agent and the
Lenders

	4935	  	 thereof, and, if reasonably requested by the Administrative Agent or the Required Lenders, the
Parent

	4936	  	 Borrower will cause such assets to be subjected to a Lien securing the Obligations and will take,
and

	4937	  	 cause the Subsidiary Loan Parties to take, such actions as shall be necessary or reasonably
requested by

	4938	  	 the Administrative Agent to grant and perfect such Liens, including actions described in paragraph
(a) of

	4939	  	 this Section, all at the expense of the Loan Parties. Notwithstanding the foregoing, the
Administrative 

	4940	  	 Agent shall not enter into any Mortgage in respect of any real property acquired by the Parent
Borrower 

	4941	  	 or any other Loan Party after the Restatement Date until the date that is 45 days after the
Administrative 

	4942	  	 Agent has delivered to the Lenders (which may be delivered electronically) the following
documents in 

	4943	  	 respect of such real property: (i) completed “Life of
Loan” Federal Emergency Management Agency 

	4944	  	 standard flood hazard determination(s) with respect to the Mortgaged Property and related
documents 

	4945	  	 with respect to the Mortgaged Property reasonably requested by any Lender; (ii) if
such real property is 

	4946	  	 located in a “special flood hazard area”, a notification
to each Parent Borrower (and applicable Loan 

	4947	  	 Party) of that fact and notification to each Borrower (and applicable Loan Party) stating
whether flood 

	4948	  	 insurance coverage is available, and evidence that each Borrower (or other Loan Party) to which
a notice 

	4949	  	 was sent, has signed and returned the notice; and (iii) if such notice is required
to be provided to the 

	4950	  	 Parent Borrower (or applicable Loan Party) and flood insurance is available in the community in
which 

	4951	  	 such real property is located, a copy of the policy, or declaration evidencing such required
flood insurance 

	4952	  	 in an amount and with terms required by the Flood Laws.

		
	4953	  	 SECTION 5.14 Post-Restatement Date Matters. To the extent that the
requirements

	4954	  	of Section 4.04(f)(ii) are not satisfied on the Restatement Date, they shall be satisfied within 60 days (or
	4955	  	such longer period as the Administrative Agent may agree to in its sole discretion) after the Restatement
	4956	  	Date.
		
	4957	  	ARTICLE VI
	4958
 4959
	  	Negative Covenants
		
	4960	  	 Until the Commitments have expired or terminated and the principal of and interest on

	4961	  	 each Loan and all fees payable hereunder have been paid in full and all Letters of Credit have
expired or

	4962	  	 terminated and all LC Disbursements shall have been reimbursed, each of Holdings, the Parent
Borrower, 

	4963	  	each Subsidiary Term Borrower (as to itself only) and each Foreign Subsidiary Borrower (as to itself
	4964	  	 only) covenants and agrees with the Lenders that:

		
	4965	  	 SECTION 6.01 Indebtedness; Certain Equity Securities.

		
	4966	  	 (a) None of Holdings, the Parent Borrower, any Subsidiary Term Borrower or any

	4967	  	 Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, create, incur, assume or
permit

	4968	  	 to exist any Indebtedness, except:

		
	4969	  	 (i) (A) Indebtedness created under the Loan Documents and
(B) any Permitted Term 

	4970	  	 Loan Refinancing Indebtedness;

		
	4971	  	 (ii) (A) the Permitted Receivables Financing, (B) financings in respect of sales
of

	4972	  	 accounts receivable by a Foreign Subsidiary permitted by Section 6.05(c)(ii) and (C) the

	4973	  	 Specified Vendor Receivables Financing;

  
 -111- 

			
	4974	  	 (iii) Indebtedness existing on the Restatement Date and set forth in Schedule 6.01
and

	4975	  	 extensions, renewals and replacements of any such Indebtedness that do not increase the

	4976	  	 outstanding principal amount as specified on such Schedule 6.01, plus any additional 

	4977	  	 Indebtedness incurred to pay premiums (including tender premiums), accrued and unpaid interest, 

	4978	  	 expenses, defeasance costs and fees in connection therewith, or result in an earlier maturity date

	4979	  	 or decreased weighted average life thereof;

		
	4980	  	 (iv) Permitted Unsecured Debt of the Parent Borrower; provided that the Total Net

	4981	  	 Leverage Ratio, on a pro forma basis after giving effect to the incurrence of such Permitted

	4982	  	 Unsecured Debt and recomputed as of the last day of the most recently ended fiscal quarter of

	4983	  	 Holdings for which financial statements are available, as if such incurrence (and any related

	4984	  	 repayment of Indebtedness) had occurred on the first day of the relevant period (provided that any

	4985	  	 incurrence of Permitted Unsecured Debt that occurs prior to the first testing period under Section

	4986	  	 6.13(a) shall be deemed to have occurred during such first testing period), is at least 0.25 less

	4987	  	 than is otherwise required pursuant to Section 6.13(a) at the time of such event;

		
	4988	  	 (v) Indebtedness of the Parent Borrower to any Subsidiary and of any Subsidiary to

	4989	  	 the Parent Borrower or any other Subsidiary; provided that Indebtedness of any Subsidiary that is

	4990	  	 not a Domestic Loan Party to the Parent Borrower or any Subsidiary Loan Party shall be subject

	4991	  	 to Section 6.04;

		
	4992	  	 (vi) Guarantees by the Parent Borrower of Indebtedness of any Subsidiary and by any

	4993	  	 Subsidiary of Indebtedness of the Parent Borrower or any other Subsidiary; provided that

	4994	  	 Guarantees by the Parent Borrower or any Subsidiary Loan Party of Indebtedness of any

	4995	  	 Subsidiary that is not a Domestic Loan Party shall be subject to Section 6.04;

		
	4996	  	 (vii) Guarantees by Holdings, the Parent Borrower or any Subsidiary, as the case may

	4997	  	 be, in respect of (A) any Permitted Term Loan Refinancing Indebtedness, (B) any
Incremental

	4998	  	 Equivalent Debt or (CB) any Permitted Unsecured Debt; provided that none of Holdings,
the

	4999	  	 Parent Borrower or any Subsidiary, as the case may be, shall Guarantee such Indebtedness unless

	5000	  	 it also has Guaranteed the Obligations pursuant to the Guarantee Agreement;

		
	5001	  	 (viii) Indebtedness of the Parent Borrower or any Subsidiary incurred to

	5002	  	 finance the acquisition, construction or improvement of any fixed or capital assets, including

	5003	  	 CapitalFinancing Lease Obligations and any Indebtedness assumed in connection with
the

	5004	  	 acquisition of any such assets or secured by a Lien on any such assets prior to the acquisition

	5005	  	 thereof, and extensions, renewals and replacements of any such Indebtedness that do not increase

	5006	  	 the outstanding principal amount thereof or result in an earlier maturity date or decreased

	5007	  	 weighted average life thereof; provided that (A) such Indebtedness is incurred prior to or
within

	5008	  	 180270 days after such acquisition or the completion of such construction or improvement
and

	5009	  	 (B) the aggregate principal amount of Indebtedness permitted by this clause (ixviii) shall
not

	5010	  	 exceed the greater of $60,000,000 and 5.5% of Consolidated Total Assets of Holdings (as of the

	5011	  	 date of incurrence of such Indebtedness) at any time outstanding;

		
	5012	  	 (ix) Indebtedness arising as a result of an Acquisition Lease Financing or any other

	5013	  	 sale and leaseback transaction permitted under Section 6.06;

		
	5014	  	 (x) Indebtedness of any Person that becomes a Subsidiary after the Restatement

	5015	  	 Date; provided that (A) such Indebtedness exists at the time such Person becomes a Subsidiary

	5016	  	 and is not created in contemplation of or in connection with such Person becoming a Subsidiary

	5017	  	 and (B) the aggregate principal amount of Indebtedness permitted by this clause
(xix) shall not

	5018	  	 exceed $50,000,000 at any time outstanding, less the liquidation value of any outstanding

	5019	  	 Assumed Preferred Stock;

  
 -112- 

			
		
	5020	  	 (xi) Indebtedness of Holdings, the Parent Borrower or any Subsidiary in respect of

	5021	  	 workers’ compensation claims, self-insurance obligations, performance bonds, surety appeal or

	5022	  	 similar bonds and, completion guarantees and similar obligations provided by Holdings,
the

	5023	  	 Parent Borrower and the Subsidiaries in the ordinary course of their business or consistent with 

	5024	  	 past practice or industry practice;

		
	5025	  	 (xii) other unsecured Indebtedness of Holdings, the Parent Borrower or
any

	5026	  	 Subsidiary in an aggregate principal amount not exceeding the greater of $35,000,000 and 3.5%

	5027	  	 of Consolidated Total Assets of Holdings (as of the date of incurrence of such Indebtedness) at

	5028	  	 any time outstanding, less the liquidation value of any applicable Qualified Holdings Preferred

	5029	  	 Stock issued and outstanding pursuant to clause (b) of the definition of Qualified Holdings

	5030	  	 Preferred Stock;

		
	5031	  	 (xiii) secured Indebtedness (which may be secured) of Foreign
Subsidiaries in

	5032	  	 an aggregate amount not exceeding $130,000,000150,000,000 at any time outstanding, in
each 

	5033	  	 case in respect of Indebtedness of Foreign Subsidiaries;

		
	5034	  	 (xiv) Indebtedness arising from the honoring by a bank or other financial institution
of

	5035	  	 a check, draft or similar instrument inadvertently (except in the case of daylight overdrafts)
drawn

	5036	  	 against insufficient funds in the ordinary course of business; provided, however, that such

	5037	  	 Indebtedness is extinguished within ten Business Days of incurrence;

		
	5038	  	 (xv) Indebtedness arising in connection with endorsement of instruments for deposit

	5039	  	 in the ordinary course of business;

		
	5040	  	 (xvi) Indebtedness incurred in connection with (1) the financing of
insurance

	5041	  	 premiums in an aggregate amount at any time outstanding not to exceed the premiums owed 

	5042	  	 under such policy, if applicableor (2) take-or-pay obligations contained in supply
arrangements,

	5043	  	 in each case, in the ordinary course of business;

		
	5044	  	 (xvii) contingent obligations to financial institutions, in each case to the extent

	5045	  	 in the ordinary course of business and on terms and conditions which are within the general

	5046	  	 parameters customary in the banking industry (as determined in good faith by the Parent 

	5047	  	 Borrower), entered into to obtain cash management services or deposit account overdraft

	5048	  	 protection services (in an amount similar to those offered for comparable services in the financial

	5049	  	 industry) or other services in connection with the management or opening of deposit accounts or

	5050	  	 incurred as a result of endorsement of negotiable instruments for deposit or collection purposes

	5051	  	 and other customary, contingent obligations of the Parent Borrower and its Subsidiaries incurred

	5052	  	 in the ordinary course of business;

		
	5053	  	 (xviii) unsecured guarantees by the Parent Borrower or any Subsidiary Loan

	5054	  	 Party of facility leases of any Loan Party;

		
	5055	  	 (xix) Indebtedness of the Parent Borrower or any Subsidiary Loan Party under

	5056	  	 Hedging Agreements with respect to interest rates, foreign currency exchange rates or commodity

	5057	  	 prices, in each casenot entered into for speculative purposes; provided that if such Hedging

	5058	  	 Agreements relate to interest rates, (A) such Hedging Agreements relate to payment obligations

	5059	  	 on Indebtedness otherwise permitted to be incurred by the Loan Documents and (B) the notional

	5060	  	 principal amount of such Hedging Agreements at the time incurred does not exceed the principal

	5061	  	 amount of the Indebtedness to which such Hedging Agreements
relate;

  
 -113- 

			
		
	5062	  	 (xx) secured or unsecured notes (such notes, “Incremental Equivalent
Debt”);

	5063	  	provided that (A) at the time of (and after giving effect to) the incurrence of any Incremental
	5064	  	Equivalent Debt, the aggregate amount of all Incremental Equivalent Debt, together with the
	5065	  	aggregate amount of all Incremental Revolving Commitments and Incremental Term 
	5066	  	Commitments previouslyincurred after the Restatement Date (and prior to (or substantially
	5067	  	simultaneously) established with) the incurrence of such Incremental Equivalent Debt), shall not
	5068	  	exceed the greatersum of (1) $300,000,000200,000,000 and (2) an amount such that, after giving
	5069	  	effect to the incurrence of such Incremental Equivalent Debt and the making of any other
	5070	  	Indebtedness incurred substantially simultaneously therewith (and assuming in the case of any
	5071	  	Incremental Revolving Commitments established substantially simultaneously therewith that such
	5072	  	Incremental Revolving Commitments are fully drawn), the Senior Secured Net Leverage Ratio,
	5073	  	calculated on a pro forma basis, is no greater than 2.503.00 to 1.00 (it being understood that (i) 
	5074	  	indebtedness may be incurred under clause (2) prior to indebtedness being incurred under clause 
	5075	  	(1) and (ii) if indebtedness is incurred under clause (1) and/or Incremental Revolving 
	5076	  	Commitments are incurred under clause (A) of Section 2.21(a) on the same date that indebtedness 
	5077	  	is incurred under clause (2), then the Senior Secured Net Leverage Ratio for purposes of clause 
	5078	  	(2) will be calculated without giving regard to any incurrence on such date of indebtedness under 
	5079	  	clause (1) or any incurrence of Incremental Revolving Commitments under clause (A) of Section 
	5080	  	2.21(a)), (B) the incurrence of such Indebtedness shall be subject to clauses (i) through (iii) of
	5081	  	Section 2.21(c) as if such Incremental Equivalent Debt were an Incremental Term Loan or 
	5082	  	Incremental Revolving Commitment, as applicable, (C) such Indebtedness shall mature no earlier
	5083	  	than 91 days after the Latest Maturity Date then in effect, (D) such Incremental Equivalent Debt
	5084	  	shall not have a definition of “Change of Control” or “Change in Control” (or any other defined
	5085	  	term having a similar purpose) that is materially more restrictive than the definition of Change of
	5086	  	Control set forth herein and (E) such Incremental Equivalent Debt shall not be subject to a
	5087	  	financial maintenance covenant more favorable to the holders thereof than those contained in the
	5088	  	Loan Documents (other than for periods after the Latest Maturity Date then in effect); and 
		
	5089	  	 (xxi) unsecured Indebtedness incurred by the Cequent Group onin an
aggregate 

	5090	  	outstanding amount not to exceed the Net Proceeds received by Holdings after the Restatement
	5091	  	Date in order to pay a dividendfrom (A) cash contributions (other than from the Parent Borrower 
	5092	  	or a Subsidiary) to Holdings or (B) the issuance and sale of its Equity Interests (other than 
	5093	  	Disqualified Equity Interests and other than a sale to the Parent Borrower in accordance with the 
	5094	  	Cequent Spin-off Agreement (the “Restatement Date Dividend”), so long as, after giving effect to
	5095	  	the Cequent Spin-off, (x) none of Holdings or any of its Subsidiaries have any obligations or
	5096	  	liabilities in respect of such Indebtedness and (y) the holders of such Indebtedness have no
	5097	  	recourse to Holdings or any of its Subsidiaries in respect of such Indebtedness.or a Subsidiary);
		
	5098	  	 (xxii) Indebtedness in respect of obligations of the Parent Borrower or
any

	5099	  	Subsidiary to pay the deferred purchase price of goods or services or progress payments in 
	5100	  	connection with such goods and services; provided that such obligations are incurred in 
	5101	  	connection with open accounts extended by suppliers on customary trade terms in the ordinary 
	5102	  	course of business and not in connection with the borrowing of any money or any Hedging 
	5103	  	Agreements. 
		
	5104	  	 (b) None of Holdings, the Parent Borrower, any Subsidiary Term Borrower or any

	5105	  	Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, issue any preferred stock or

  
 -114- 

			
	 5106
	  	 other preferred Equity Interests, except (i) Qualified Holdings Preferred Stock,
(ii) Assumed Preferred

	 5107
	  	 Stock and (iii) preferred stock or preferred Equity Interests held by Holdings, the Parent
Borrower or any

	 5108
	  	 Subsidiary.

		
	 5109
	  	 SECTION 6.02 Liens. None of Holdings, the Parent Borrower, any Subsidiary Term 

	 5110
	  	Borrower or any Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, create, incur,
	 5111
	  	 assume or permit to exist any Lien on any property or asset now owned or hereafter acquired by it,
or

	 5112
	  	 assign or sell any income or revenues (including accounts receivable) or rights in respect of any
thereof,

	 5113
	  	 except:

		
	 5114
	  	 (a) Liens created under the Loan Documents and Liens in respect of any Permitted 

	 5115
	  	 Term Loan Refinancing Indebtedness;

		
	 5116
	  	 (b) Permitted Encumbrances;

		
	 5117
	  	 (c) Liens in respect of the Permitted Receivables Financing and the Specified

	 5118
	  	 Vendor Receivables Financing;

		
	 5119
	  	 (d) any Lien on any property or asset of Holdings, the Parent Borrower or any

	 5120
	  	 Subsidiary existing on the Restatement Date and set forth in Schedule 6.02; provided that
(i) such

	 5121
	  	 Lien shall not apply to any other property or asset of Holdings, the Parent Borrower or any

	 5122
	  	 Subsidiary and (ii) such Lien shall secure only those obligations which it secures on the

	 5123
	  	 Restatement Date and extensions, renewals and replacements thereof that do not increase the

	 5124
	  	 outstanding principal amount thereof;

		
	 5125
	  	 (e) any Lien existing on any property or asset prior to the acquisition thereof by the

	 5126
	  	 Parent Borrower or any Subsidiary or existing on any property or asset of any Person that

	 5127
	  	 becomes a Subsidiary after the Restatement Date prior to the time such Person becomes a

	 5128
	  	 Subsidiary; provided that (i) such Lien is not created in contemplation of or in connection
with

	 5129
	  	 such acquisition or such Person becoming a Subsidiary, as the case may be, (ii) such Lien shall

	 5130
	  	 not apply to any other property or assets of the Parent Borrower or any Subsidiary and (iii) such

	 5131
	  	 Lien shall secure only those obligations which it secures on the date of such acquisition or the

	 5132
	  	 date such Person becomes a Subsidiary, as the case may be;

		
	 5133
	  	 (f) Liens on fixed or capital assets acquired, constructed or improved by, or in

	 5134
	  	 respect of CapitalFinancing Lease Obligations of, the Parent Borrower or any
Subsidiary;

	 5135
	  	 provided that (i) such security interests secure Indebtedness permitted by clause
(viii) of Section

	 5136
	  	 6.01(a)(viii), (ii) such security interests and the Indebtedness secured thereby are incurred prior
to

	 5137
	  	 or within 180270 days after such acquisition or the completion of such construction
or

	 5138
	  	 improvement, (iii) the Indebtedness secured thereby does not exceed the cost of acquiring,

	 5139
	  	 constructing or improving such fixed or capital assets and (iv) such security interests shall not

	 5140
	  	 apply to any other property or assets of the Parent Borrower or any Subsidiary;

		
	 5141
	  	 (g) Liens, with respect to any Mortgaged Property, described in the applicable

	 5142
	  	 schedule of the title policy covering such Mortgaged Property;

		
	 5143
	  	 (h) Liens in respect of sales of accounts receivable by Foreign Subsidiaries permitted

	 5144
	  	 by Section 6.05(c)(ii);

  
 -115- 

			
	5145	  	 (i) other Liens securing liabilities permitted hereunder in an aggregate amount not

	5146	  	 exceeding (i) in respect of consensual Liens, $20,000,000 and
(ii) in respect of all such Liens, 

	5147	  	 $40,000,000, in each case at any time outstanding;

		
	5148	  	 (j) Liens in respect of Indebtedness permitted by Section 6.01(a)(xiii),;
 provided that

	5149	  	 the assets subject to such Liens are not located in the United States;

		
	5150	  	 (k) Liens, rights of setoff and other similar Liens existing solely with respect to cash

	5151	  	 and Permitted Investments on deposit in one or more accounts maintained by any Lender, in each

	5152	  	 case granted in the ordinary course of business in favor of such Lender with which such accounts

	5153	  	 are maintained, securing amounts owing to such Lender with respect to cash management and

	5154	  	 operating account arrangements, including those involving pooled accounts and netting

	5155	  	 arrangements; provided that, unless such Liens are non-consensual and
arise by operation of law,

	5156	  	 in no case shall any such Liens secure (either directly or indirectly) the repayment of any

	5157	  	 Indebtedness for borrowed money;

		
	5158	  	 (l) licenses or sublicenses of Intellectual Property (as defined in the Security

	5159	  	 Agreement) granted by any Company in the ordinary course of business and not interfering in any

	5160	  	 material respect with the ordinary conduct of business of the Company;

		
	5161	  	 (m) the filing of UCC financing statements solely as a precautionary measure in

	5162	  	 connection with operating leases or consignment of goods;

		
	5163	  	 (n) Liens for the benefit of a seller deemed to attach solely to cash earnest money

	5164	  	 deposits in connection with a letter of intent or acquisition agreement with respect to a Permitted

	5165	  	 Acquisition;

		
	5166	  	 (o) Liens deemed to exist in connection with Investments permitted under Section

	5167	  	 6.04 that constitute repurchase obligations and in connection with related
set-off rights;

		
	5168	  	 (p) Liens of a collection bank arising in the ordinary course of business under

	5169	  	 Section 4-210 of the UCC in effect in the relevant jurisdiction covering
only the items being

	5170	  	 collected upon;

		
	5171	  	 (q) Liens of sellers of goods to the Parent Borrower or any of its Subsidiaries arising

	5172	  	 under Article 2 of the UCC in effect in the relevant jurisdiction in the ordinary course of business,

	5173	  	 covering only the goods sold and covering only the unpaid purchase price for such goods and

	5174	  	 related expenses; and 

		
	5175	  	 (r) Liens with respect to property or assets of the Parent Borrower or any Subsidiary

	5176	  	 securing Incremental Equivalent Debt, provided that such Incremental Equivalent Debt shall be

	5177	  	 secured only by a Lien on the Collateral and on a pari passu or subordinated basis with the

	5178	  	 Obligations and shall be subject to a customary intercreditor agreement in form and substance

	5179	  	 reasonably satisfactory to the Administrative Agent.; 

		
	5180	  	 (s) Liens on inventory or other goods and proceeds of any Person securing such 

	5181	  	 Person’s obligations in respect of documentary letters of credit, bank guarantees or
bankers’ 

	5182	  	 acceptances issued or created for the account of such Person to facilitate the purchase, shipment 

	5183	  	 or storage of such inventory or goods; 

  
 -116- 

			
	5184	  	 (t) pledges and deposits and other Liens made in the ordinary course of business to 

	5185	  	 secure liability to insurance carriers; 

		
	5186	  	 (u) leases or subleases, and non-exclusive licenses or sublicenses
(including with 

	5187	  	 respect to intellectual property) granted to others in the ordinary course of business; 

		
	5188	  	 (v) any encumbrance or restriction (including put and call arrangements) with 

	5189	  	 respect to Equity Interests of any joint venture or similar arrangement securing obligations of 

	5190	  	 such joint venture or pursuant to any joint venture or similar agreement; 

		
	5191	  	 (w) Liens that are contractual rights of set-off relating to purchase
orders and other 

	5192	  	 agreements entered into with customers, suppliers or service providers of the Parent Borrower or 

	5193	  	 any Subsidiary in the ordinary course of business; 

		
	5194	  	 (x) agreements to subordinate any interest of the Parent Borrower or any Subsidiary 

	5195	  	 in any accounts receivable or other proceeds, in each case arising from inventory consigned by 

	5196	  	 the Parent Borrower or any such Subsidiary pursuant to an agreement entered into in the ordinary 

	5197	  	 course of business; and 

		
	5198	  	 (y) Liens securing insurance premium financing arrangements; provided that such 

	5199	  	 Liens are limited to the applicable unearned insurance premiums. 

		
	5200	  	 SECTION 6.03 Fundamental Changes.

		
	5201	  	 (a) None of Holdings, the Parent Borrower, any Subsidiary Term Borrower or any

	5202	  	 Foreign Subsidiary Borrower will, nor will they permit any other Person to merge into or
consolidate with

	5203	  	 any of them, or liquidate or dissolve, except that, if at the time thereof and immediately after
giving effect

	5204	  	 thereto no Default shall have occurred and be continuing (i) any Subsidiary may merge into
the Parent

	5205	  	 Borrower in a transaction in which the Parent Borrower is the surviving corporation, (ii) any
Subsidiary

	5206	  	 may merge into any Subsidiary in a transaction in which the surviving entity is a Subsidiary and
(if any

	5207	  	 party to such merger is a Subsidiary Loan Party) is a Subsidiary Loan Party (provided that,
with respect to

	5208	  	 any such merger involving the Subsidiary Term Borrowers or the Foreign Subsidiary
Borrowers, the

	5209	  	 surviving entity of such merger shall be a Subsidiary Term Borrower or a Foreign
Subsidiary Borrower,

	5210	  	 as the case may be) and (iii) any Subsidiary (other than a Subsidiary Loan Party) may
liquidate or

	5211	  	 dissolve if the Parent Borrower determines in good faith that such liquidation or dissolution is
in the best

	5212	  	 interests of the Parent Borrower and is not materially disadvantageous to the Lenders;
provided that any

	5213	  	 such merger involving a Person that is not a wholly owned Subsidiary immediately prior to such
merger

	5214	  	 shall not be permitted unless also permitted by Section 6.04. Notwithstanding the foregoing,
this Section

	5215	  	 6.03 shall not prohibit any Permitted Acquisition.

		
	5216	  	 (b) The Parent Borrower will not, and will not permit any of its Subsidiaries to,

	5217	  	 engage to any material extent in any business other than businesses of the type conducted by the
Parent

	5218	  	 Borrower and its Subsidiaries on the Restatement Date and businesses reasonably related
thereto.

		
	5219	  	 (c) Holdings will not engage in any business or activity other than (i) the ownership

	5220	  	 of all the outstanding shares of capital stock of the Parent Borrower, (ii) performing its
obligations (A)

	5221	  	 under the Loan Documents, and (B) under the Permitted Receivables Financing,
(iii) activities incidental

	5222	  	 thereto and to Holdings’ existence, (iv) activities related to the performance of all
its obligations in

	5223	  	 respect of the Transactions, (v) performing its obligations under guarantees in respect of
sale and

	5224	  	 leaseback transactions permitted by Section 6.06 and (vi) other activities (including
the incurrence of

	5225	  	 Indebtedness and the issuance of its Equity Interests) that are permitted by this Agreement.
Holdings will

  
 -117- 

			
	5226	  	 not own or acquire any assets (other than shares of capital stock of the Parent Borrower and the
Permitted

	5227	  	 Investments or incur any liabilities (other than liabilities imposed by law, including tax
liabilities,

	5228	  	 liabilities related to its existence and permitted business and activities specified in the
immediately

	5229	  	 preceding sentence).

		
	5230	  	 (d) The Receivables Subsidiary will not engage in any business or business activity

	5231	  	 other than the activities related to the Permitted Receivables Financing and its existence. The
Receivables

	5232	  	 Subsidiary will not own or acquire any assets (other than the receivables subject to the
Permitted

	5233	  	 Receivables Financing) or incur any liabilities (other than the liabilities imposed by law
including tax

	5234	  	 liabilities, and other liabilities related to its existence and permitted business and activities
specified in the

	5235	  	 immediately preceding sentence, including liabilities arising under the Permitted Receivables
Financing).

		
	5236	  	 SECTION 6.04 Investments, Loans, Advances, Guarantees and Acquisitions. None

	5237	  	 of the Parent Borrower or any Foreign Subsidiary Borrower will, nor will they permit any
Subsidiary to,

	5238	  	 purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly
owned

	5239	  	 Subsidiary prior to such merger) any Equity Interests in or evidences of indebtedness or other
securities

	5240	  	 (including any option, warrant or other right to acquire any of the foregoing) of, make or permit
to exist

	5241	  	 any loans or advances to, Guarantee any obligations of, or make or permit to exist any investment
or any

	5242	  	 other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a
series of

	5243	  	 transactions) any assets of any other Person constituting a business unit, except:

		
	5244	  	 (a) Permitted Investments;

		
	5245	  	 (b) investments existing pursuant to agreements existing on or made pursuant to, 

	5246	  	 binding commitments existing on, on the Restatement Date and set forth on Schedule 6.04;

		
	5247	  	 (c) Permitted Acquisitions;

		
	5248	  	 (d) investments by the Parent Borrower and the Subsidiaries in their respective

	5249	  	 Subsidiaries that exist immediately prior to any applicable transaction; provided that (i) any
such

	5250	  	 Equity Interests held by a Loan Party shall be pledged pursuant to the Pledge Agreement or any

	5251	  	 applicable Foreign Security Documents, as the case may be, to the extent required by this

	5252	  	 Agreement and (ii) the aggregate amount of investments (excluding any such investments, loans,

	5253	  	 advances and Guarantees to such Subsidiaries that are assumed and exist on the date any

	5254	  	 Permitted Acquisition is consummated and that are not made, incurred or created in

	5255	  	 contemplation of or in connection with such Permitted Acquisition) by Loan Parties in, and loans

	5256	  	 and advances by Loan Parties to, and Guarantees by Loan Parties of Indebtedness of, Subsidiaries

	5257	  	 that are not Domestic Loan Parties (or if Domestic Loan Parties, in respect of which the

	5258	  	 Administrative Agent has not received the documents required by clause (a) of the definition of

	5259	  	 Collateral and Guarantee Requirement) made after the Restatement Date shall not at any time

	5260	  	 exceed the greater of $100,000,000 and 10.0% of Consolidated Total Assets of Holdings (as of

	5261	  	 the date of the making of such investment);

		
	5262	  	 (e) loans or advances made by the Parent Borrower to any Subsidiary and made by

	5263	  	 any Subsidiary to the Parent Borrower or any other Subsidiary; provided that (i) any such
loans

	5264	  	 and advances made by a Loan Party shall be evidenced by a promissory note pledged pursuant to

	5265	  	 the Pledge Agreement or any applicable Foreign Security Documents, as the case may be, and (ii)

	5266	  	 the amount of such loans and advances made by Loan Parties to Subsidiaries that are not Loan

	5267	  	 Parties shall be subject to the limitation set forth in clause (d) above;

		
	5268	  	 (f) Guarantees permitted by Section 6.01(a)(vii);

  
 -118- 

			
	5269	  	 (g) investments arising as a result of theany Permitted Receivables Financing or

	5270	  	 Specified Vendor Receivables Financing;

		
	5271	  	 (h) investments received in connection with the bankruptcy or reorganization of, or

	5272	  	 settlement of delinquent accounts and disputes with, customers and suppliers, in each case in the

	5273	  	 ordinary course of business;

		
	5274	  	 (i) any investments in or loans to any other Person received as noncash

	5275	  	 consideration for sales, transfers, leases and other dispositions permitted by Section 6.05;

		
	5276	  	 (j) Guarantees by Holdings, the Parent Borrower and the Subsidiaries of leases

	5277	  	 entered into by any Subsidiary as lessee; provided that the amount of such Guarantees made by

	5278	  	 Loan Parties to Subsidiaries that are not Loan Parties shall be subject to the limitation set forth in

	5279	  	 clause (d) above;

		
	5280	  	 (k) extensions of credit in the nature of accounts receivable or notes receivable in the

	5281	  	 ordinary course of business;

		
	5282	  	 (l) loans or advances to employees made (i) in the ordinary course of business

	5283	  	 consistent with prudent business practice and not exceeding $5,000,000 in the aggregate

	5284	  	 outstanding at any one time;, (ii) in respect of payroll payments and expenses in the ordinary

	5285	  	 course of business and (iii) in connection with such Person’s purchase of Equity
Interests of 

	5286	  	 Holdings or any direct or indirect parent of Holdings solely to the extent that the amount of such

	5287	  	 loans and advances shall be contributed to Holdings in cash as common equity; provided that 

	5288	  	 notwithstanding anything to the contrary in this Agreement, the amount of such cash contribution, 

	5289	  	 to the extent of any such outstanding loan or advance, shall not be considered a cash contribution

	5290	  	 for any other purpose of this Agreement; 

		
	5291	  	 (m) investments in the form of Hedging Agreements permitted under Section 6.07;

		
	5292	  	 (n) investments by the Parent Borrower or any Subsidiary in (i) the capital stock of a

	5293	  	 Receivables Subsidiary and (ii) other interests in a Receivables Subsidiary, in each case to the

	5294	  	 extent required by the terms of the Permitted Receivables Financing;

		
	5295	  	 (o) payroll, travel and similar advances to cover matters that are expected at the time

	5296	  	 of such advances ultimately to be treated as expenses for accounting purposes and that are made

	5297	  	 in the ordinary course of business;

		
	5298	  	 (p) Permitted Joint Venture and Foreign Subsidiary Investments;

		
	5299	  	 (q) investments, loans or advances in addition to those permitted by clauses (a)

	5300	  	 through (p) above not exceeding in the aggregate the greater of $100,000,000 and 10% of

	5301	  	 Consolidated Total Assets of Holdings (as of the date of the making of such investment, loan or 

	5302	  	 advance) at any time outstanding;

		
	5303	  	 (r) investments made (i) in an amount not to exceed the Net Proceeds Not Otherwise 

	5304	  	 Applied of any issuance of Equity Interests (other than Disqualified Equity Interests and other

	5305	  	 than any issuance to the Parent Borrower or a Subsidiary) in Holdings issued on or after March

	5306	  	 31, 2015the Restatement Date or (ii) with Equity Interests in Holdings;
and

  
 -119- 

			
	5307	  	 (s) investments by the Parent Borrower or any Subsidiary in an aggregate amount

	5308	  	 not to exceed the Available Amount.; 

		
	5309	  	 (t) investments received in compromise or resolution of litigation, arbitration or 

	5310	  	 other disputes; 

		
	5311	  	 (u) investments; provided that after giving effect to any such investment (and any

	5312	  	 Indebtedness incurred in connection therewith), the Total Net Leverage Ratio at the time of the 

	5313	  	 making of such investment would be less than or equal to 3.00 to 1.00; and 

		
	5314	  	 (v) additional investments; provided that the aggregate amount of investments made

	5315	  	 pursuant to this clause (v), together with the aggregate amount of Restricted Payments made 

	5316	  	 pursuant to Section 6.08(a)(xiv) and the aggregate amount of payments of Indebtedness made

	5317	  	 pursuant to Section 6.08(b)(ix), during the period from the date 12 months prior to the date of the

	5318	  	 making of such investment (the “Investment Date”) through (and including) the
Investment Date 

	5319	  	 shall not exceed $25,000,000. 

		
	5320	  	 SECTION 6.05 Asset Sales. None of Holdings, the Parent Borrower, any Subsidiary 

	5321	  	Term Borrower or any Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, sell,
	5322	  	transfer, lease or otherwise dispose of any asset, including any Equity Interest owned by it, nor will they
	5323	  	permit any Subsidiary to issue any additional Equity Interest in such Subsidiary, except:
		
	5324	  	 (a) sales, transfers, leases and other dispositions of inventory, used or surplus

	5325	  	 equipment, obsolete, damaged or worn-out equipment or other
obsolete assets, Permitted

	5326	  	 Investments and Investments referred to in Section 6.04(h) in the ordinary course of business;

		
	5327	  	 (b) sales, transfers and dispositions to the Parent Borrower or a Subsidiary; provided

	5328	  	 that any such sales, transfers or dispositions involving a Subsidiary that is not a Domestic Loan

	5329	  	 Party shall be made in compliance with Section 6.09;

		
	5330	  	 (c) (i) sales of accounts receivable and related assets pursuant to the Receivables

	5331	  	 Purchase Agreement, (ii) sales of accounts receivable and related assets by a Foreign Subsidiary

	5332	  	 pursuant to customary terms whereby recourse and exposure in respect thereof to any Foreign

	5333	  	 Subsidiary does not exceed at any time $50,000,00060,000,000 and (iii) sales of
accounts

	5334	  	 receivables and related assets pursuant to the Specified Vendor Receivables Financing.

		
	5335	  	 (d) the creation of Liens permitted by Section 6.02 and dispositions as a result

	5336	  	 thereof;

		
	5337	  	 (e) sales or transfers that are permitted sale and leaseback transactions pursuant to

	5338	  	 Section 6.06;

		
	5339	  	 (f) sales and transfers that constitute part of an Acquisition Lease Financing;

		
	5340	  	 (g) Restricted Payments permitted by Section 6.08;

		
	5341	  	 (h) transfers and dispositions constituting investments permitted under Section 6.04;

		
	5342	  	 (i) sales, transfers and other dispositions of property identified on Schedule 6.05;

	5343	  	and

  
 -120- 

			
	5344	  	 (j) sales, transfers and other dispositions of assets (other than Equity Interests in a

	5345	  	 Borrower) that are not permitted by any other clause of this Section; provided that the aggregate

	5346	  	 fair market value of all assets sold, transferred or otherwise disposed of in reliance upon this

	5347	  	 clause (j) shall not exceed (i) 15% of the aggregate fair market value of all assets of the
Parent

	5348	  	 Borrower (determined as of the end of its most recent fiscal year), including any Equity Interests

	5349	  	 owned by it, during any fiscal year of the Parent Borrower; provided
that such amount shall be

	5350	  	 increased, in respect of the fiscal year ending on December 31, 2015, and each fiscal
year

	5351	  	 thereafter by an amount equal to the total unused amount of such permitted sales, transfers
and

	5352	  	 other dispositions for the immediately preceding fiscal year (without giving effect to the
amount

	5353	  	 of any unused permitted sales, transfers and other dispositions that were carried forward to
such

	5354	  	 preceding fiscal year) and (ii) 35% of the aggregate fair market value of all assets of the
Parent

	5355	  	 Borrower as of the Restatement Date, including any Equity Interests owned by it, during the term

	5356	  	 of this Agreement subsequent to the Restatement Date; provided
further that that with respect to 

	5357	  	 any sale, transfer or other disposition of Equity Interests of a Subsidiary, (x) subject to clauses
(i)

	5358	  	 and (ii) of the immediately preceding proviso, the aggregate fair market value of all such
Equity

	5359	  	 Interests sold, transferred or otherwise disposed of in reliance upon this clause (j) shall not
exceed

	5360	  	 $20 million and (y) any sale, transfer or other disposition of Equity Interests in a Subsidiary
that

	5361	  	 is a Loan Party shall only be permitted if 100% of the Equity Interests of such Subsidiary
owned

	5362	  	 by Holdings and any of its Subsidiaries are so sold, transferred or otherwise disposed;

		
	5363	  	 (k) any exchange of assets (including a combination of assets and Permitted

	5364	  	 Investments) for assets related to a Similar Business of comparable or greater market value or 

	5365	  	 usefulness to the business of the Parent Borrower and its Subsidiaries, as a whole, as determined 

	5366	  	 in good faith by the Parent Borrower; 

		
	5367	  	 (l) foreclosure, condemnation, taking by eminent domain or any similar action with 

	5368	  	 respect to any property or other asset of the Parent Borrower or any of its Subsidiaries; 

		
	5369	  	 (m) the lease, assignment or sublease of any real or personal property in the ordinary

	5370	  	 course of business; 

		
	5371	  	 (n) any grant in the ordinary course of any non-exclusive license, of
patents,

	5372	  	 trademarks, know-how or any other intellectual property; 

		
	5373	  	 (o) dispositions of receivables in connection with the compromise, settlement or

	5374	  	 collection thereof in the ordinary course of business or in bankruptcy or similar proceedings and 

	5375	  	 exclusive of factoring or similar arrangements; 

		
	5376	  	 (p) any surrender, expiration or waiver of contract rights or the settlement, release,

	5377	  	 recovery on or surrender of contract, tort or other claims of any kind; and 

		
	5378	  	 (q) the termination of a lease of real or personal property that is not necessary to the 

	5379	  	 conduct of the business of the Parent Borrower and its Subsidiaries as a whole; 

		
	5380	  	provided that (x) all sales, transfers, leases and other dispositions permitted hereby (other than those
	5381	  	permitted by clauseclauses (b), (o) and (q) above) shall be made for fair value and (y) all sales, transfers,
	5382	  	leases and other dispositions permitted by clauses (i) and (j) above shall be for at least 75% cash
	5383	  	consideration.; provided that the amount of (i) any secured liabilities (as shown on the Parent Borrower’s 
	5384	  	or a Subsidiary’s most recent balance sheet or in the notes thereto) of the Parent Borrower or a Subsidiary 
	5385	  	that are assumed by the transferee of any such assets or that are otherwise cancelled or terminated in 
	5386	  	connection with the transaction with such transferee, (ii) any notes or other obligations or other securities 

  
 -121- 

			
	 5387
	  	or assets received by the Parent Borrower or such Subsidiary from such transferee that are converted by 
	 5388
	  	the Parent Borrower or such Subsidiary into cash within 180 days of the receipt thereof (to the extent of 
	 5389
	  	the cash received), and (iii) any Designated Non-Cash Consideration received by the Parent Borrower or 
	 5390
	  	any Subsidiary in such sale, transfer, lease and other disposition having an aggregate fair market value (as 
	 5391
	  	determined in good faith by the Parent Borrower), taken together with all other Designated Non-Cash 
	 5392
	  	Consideration received pursuant to this clause (v) that is at that time outstanding, not to exceed the greater 
	 5393
	  	of $25,000,000 and 2.5% of Consolidated Total Assets of Holdings (as of the date of such disposition) 
	 5394
	  	(with the fair market value of each item of Designated Non-Cash Consideration being measured at the 
	 5395
	  	time received and without giving effect to subsequent changes in value), shall be deemed to be cash for 
	 5396
	  	the purposes of this provision.
		
	 5397
	  	 SECTION 6.06 Sale and Leaseback Transactions. None of Holdings, the Parent

	 5398
	  	Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower will, nor will they permit
	 5399
	  	any Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any
	 5400
	  	property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and
	 5401
	  	thereafter rent or lease such property or other property that it intends to use for substantially the same
	 5402
	  	purpose or purposes as the property sold or transferred, except for (a) any such sale of any fixed or capital
	 5403
	  	assets (other than any such transaction to which (b) or (c) below is applicable) that is made for cash
	 5404
	  	consideration in an amount not less than the cost of such fixed or capital asset in an aggregate amount less
	 5405
	  	than or equal to $20,000,000, so long as the CapitalFinancing Lease Obligations associated therewith are
	 5406
	  	permitted by Section 6.01(a)(viii), (b) in the case of property owned as of or after the Restatement Date,
	 5407
	  	any such sale of any fixed or capital assets that is made for cash consideration in an aggregate amount not
	 5408
	  	less than the fair market value of such fixed or capital assets not to exceed $35,000,000 in the aggregate,
	 5409
	  	in each case, so long as the CapitalFinancing Lease Obligations (if any) associated therewith are
	 5410
	  	permitted by Section 6.01(a)(viii) and (c) any Acquisition Lease Financing.
		
	 5411
	  	 SECTION 6.07 Hedging Agreements. None of Holdings, the Parent Borrower, any 

	 5412
	  	Subsidiary Term Borrower or any Foreign Subsidiary Borrower will, nor will they permit any Subsidiary
	 5413
	  	 to, enter into any Hedging Agreement, other than Hedging Agreements entered into in the ordinary
course

	 5414
	  	 of business and which are not speculative in nature to hedge or mitigate risks to which the
Parent

	 5415
	  	Borrower, any Subsidiary Term Borrower, any Foreign Subsidiary Borrower or any other Subsidiary is
	 5416
	  	 exposed in the conduct of its business or the management of its assets or liabilities (including
Hedging

	 5417
	  	 Agreements that effectively cap, collar or exchange interest rates (from fixed to floating rates,
from one

	 5418
	  	 floating rate to another floating rate or otherwise)).

		
	 5419
	  	 SECTION 6.08 Restricted Payments; Certain Payments of Indebtedness.

		
	 5420
	  	 (a) None of Holdings, the Parent Borrower, any Subsidiary Term Borrower or any

	 5421
	  	 Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, declare or make, or
agree to

	 5422
	  	 pay or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent
or

	 5423
	  	 otherwise) to do so, except:

		
	 5424
	  	 (i) Holdings may declare and pay dividends with respect to its Equity Interests

	 5425
	  	 payable solely in additional Equity Interests in Holdings;

		
	 5426
	  	 (ii) Subsidiaries may declare and pay dividends ratably with respect to their capital

	 5427
	  	 stock;

		
	 5428
	  	 (iii) the Parent Borrower may make payments to Holdings to permit it to make, and

	 5429
	  	 Holdings may make, Restricted Payments, not exceeding $5,000,000 from and after the 

	 5430
	  	 Restatement Date, in each case pursuant to and in accordance with stock option plans,
equity

  
 -122- 

			
	 5431
	  	 purchase programs or agreements or other benefit plans, in each case for management or 

	 5432
	  	 employeesany future, present or former employeesemployee, director, officer
or consultant of the

	 5433
	  	 Parent Borrower and the Subsidiaries; provided that the aggregate Restricted Payments made

	 5434
	  	 under this clause (iii) do not exceed $5,000,000 in any calendar year, with unused amounts in any

	 5435
	  	 calendar year being permitted to be carried over to the next succeeding calendar year (but not to 

	 5436
	  	 any subsequent calendar year); provided, further, however, that such amount in any calendar year 

	 5437
	  	 may be increased by an amount not to exceed: 

		
	 5438
	  	 (a) the Net Proceeds Not Otherwise Applied received by Holdings from the

	 5439
	  	 sale of Equity Interests of Holdings or any direct or indirect parent of Holdings (to the 

	 5440
	  	 extent contributed to Holdings) to employees, directors, officers or consultants of

	 5441
	  	 Holdings, the Parent Borrower or the Subsidiaries that occurs after the Restatement Date,

	 5442
	  	 plus 

		
	 5443
	  	 (b) the cash proceeds of key man life insurance policies received by the

	 5444
	  	 Parent Borrower or any direct or indirect parent of the Parent Borrower (to the extent 

	 5445
	  	 contributed to the Parent Borrower) or the Subsidiaries after the Restatement Date; 

		
	 5446
	  	 provided that the Parent Borrower may elect to apply all or any portion of the aggregate increase 

	 5447
	  	 contemplated by clauses (a) and (b) above in any calendar year; and provided, further, that

	 5448
	  	 cancellation of Indebtedness owing to the Parent Borrower or any Subsidiary from any present or 

	 5449
	  	 former employees, directors, officers or consultants of the Parent Borrower, any Subsidiary or 

	 5450
	  	 any direct or indirect parent of the Parent Borrower in connection with a repurchase of Equity 

	 5451
	  	 Interests of the Parent Borrower or any of its direct or indirect parents will not be deemed to 

	 5452
	  	 constitute a Restricted Payment for purposes of this covenant or any other provision of this 

	 5453
	  	 Agreement; 

		
	 5454
	  	 (iv) the Parent Borrower may make Permitted Tax Distributions to Holdings or any

	 5455
	  	 other direct or indirect equity owners of the Parent Borrower;

		
	 5456
	  	 (v) the Parent Borrower may pay dividends to Holdings at such times and in such

	 5457
	  	 amounts as shall be necessary to permit Holdings to discharge and satisfy its obligations that are

	 5458
	  	 permitted hereunder (including (A) state and local taxes and other governmental charges, and

	 5459
	  	 administrative and routine expenses required to be paid by Holdings in the ordinary course of

	 5460
	  	 business and (B) cash dividends payable by Holdings in respect of Qualified Holdings Preferred

	 5461
	  	 Stock issued pursuant to clauses (b) and (c) of the definition thereof; provided that
dividends

	 5462
	  	 payable by the Parent Borrower to Holdings pursuant to this clause (v) in order to satisfy cash

	 5463
	  	 dividends payable by Holdings in respect of Qualified Holdings Preferred Stock issued pursuant

	 5464
	  	 to clause (c) of the definition thereof may only be made with Excess Cash Flow not otherwise

	 5465
	  	 required to be used to prepay Term Loans pursuant to Section 2.11(d)) (without duplication
of

	 5466
	  	 amounts used pursuant to Section 6.08(a)(vii) or amounts included in shall be in an amount not
to

	 5467
	  	 exceed the Available Amount and used pursuant to Sections 6.04(s) or
6.08(b)(vii));

		
	 5468
	  	 (vi) the Parent Borrower may make payments to Holdings to permit it to make, and

	 5469
	  	 Holdings may make payments permitted by Section 6.09(d); provided that, at the time of such

	 5470
	  	 payment and after giving effect thereto, no Default or Event of Default shall have occurred and be

	 5471
	  	 continuing and Holdings and the Parent Borrower are in compliance with Section 6.12;
provided,

	 5472
	  	 further, that any payments that are prohibited because of the immediately preceding proviso shall

	 5473
	  	 accrue and may be made as so accrued upon the curing or waiver of such Default, Event of

	 5474
	  	 Default or noncompliance;

  
 -123- 

			
	 5475
	  	 (vii) the Parent Borrower may make payments to Holdings to permit it to make, and

	 5476
	  	 Holdings may make, Restricted Payments in respect of the repurchase, retirement or other

	 5477
	  	 acquisition of Equity Interests in Holdings using the portion of Excess Cash Flow not subject
to

	 5478
	  	 mandatory prepayment pursuant to Section 2.11(d) (without duplication of amounts used
pursuant

	 5479
	  	 to Section 6.08(a)(v) or amounts included in the Available Amount and used pursuant to
Sections

	 5480
	  	 6.04(s) or 6.08(b)(vii)); an amount equal to the Available Amount; provided that at the time
of

	 5481
	  	 such Restricted Payment and after giving effect thereto, (i) no Default or Event of Default
shall

	 5482
	  	 have occurred and be continuing and (ii) at the time of such Restricted Payment and after giving 

	 5483
	  	 effect thereto and to the incurrence of any Indebtedness in connection therewith, Holdings and the

	 5484
	  	 Parent Borrower shall be in pro forma compliance with the financial covenants set forth in

	 5485
	  	 Sections 6.12 and 6.13; 

		
	 5486
	  	 (viii) the Parent Borrower may make payments to Holdings to permit it to

	 5487
	  	 make, and Holdings may make, Restricted Payments; provided that (x) if after giving effect
to

	 5488
	  	 such Restricted Payments (and any Indebtedness incurred in connection therewith), the Total Net 

	 5489
	  	 Leverage Ratio at the time of the making of such payments (the date of the making of such

	 5490
	  	 payments, the “RP Date”) would be (1) less than or equal to 2.25 to 1.00 but greater than
2.00 to 

	 5491
	  	 1.00, the aggregate, there shall be no limit on the amount of Restricted Payments made
pursuant

	 5492
	  	 to this clause (viii) during the period from the date 12 months prior to the RP Date through
(and

	 5493
	  	 including) the RP Date (such period, the “RP Period”) shall
not exceed $125,000,000, (2) less

	 5494
	  	 than or equal to 2.75 to 1.00, but greater than 2.25 to 1.00, the aggregate amount of Restricted

	 5495
	  	 Payments made pursuant to this clause (viii) during the , together with the aggregate amount
of 

	 5496
	  	 payments of Indebtedness made pursuant to Section 6.08(b)(viii), during the period from the
date

	 5497
	  	 12 months prior to the RP Date through (and including) the RP Date (such period, the “RP

	 5498
	  	 Period”) shall not exceed $100,000,000, (3) less than or equal to 3.25 to 1.00 but greater
than

	 5499
	  	 2.75 to 1.00, the aggregate amount of Restricted Payments made pursuant to this clause (viii), 

	 5500
	  	 together with the aggregate amount of payments of Indebtedness made pursuant to Section 

	 5501
	  	 6.08(b)(viii), during the RP Period shall not exceed $50,000,000 and (4) greater than 3.25 to
1.00,

	 5502
	  	 the aggregate amount ofno Restricted Payments may be made pursuant to this clause
(viii) during

	 5503
	  	 the RP Period shall not exceed $25,000,000; provided further that at the time of any
payment

	 5504
	  	 pursuant to this clause (viii), no Default or Event of Default shall have occurred and be

	 5505
	  	 continuing; and 

		
	 5506
	  	 (ix) the Parent Borrower and Holdings may make payments to Holdings to permit
it 

	 5507
	  	 to make Restricted Payments necessary in order to effect the Cequent
Spin-off.in an amount not 

	 5508
	  	 to exceed the Net Proceeds Not Otherwise Applied of any issuance of Equity Interests in 

	 5509
	  	 Holdings issued on or after the Restatement Date (other than an issuance to the Parent Borrower 

	 5510
	  	 or a Subsidiary and other than an issuance of Disqualified Equity Interests); 

		
	 5511
	  	 (x) the making of any Restricted Payment shall be permitted within 60 days after
the

	 5512
	  	 date of declaration thereof if at the date of declaration such Restricted Payment would have 

	 5513
	  	 complied with the provisions of this Agreement; 

		
	 5514
	  	 (xi) (i) the Parent Borrower may make payments to Holdings to permit it to purchase,

	 5515
	  	 redeem, defease, or otherwise acquire or retire for value its common stock in an amount not to 

	 5516
	  	 exceed $75,000,000 and (ii) the Parent Borrower may make payments to Holdings to permit it to

	 5517
	  	 pay dividends on its common stock in an amount not to exceed, per annum, the greater of 

	 5518
	  	 $20,000,000 and 2.0% of Market Capitalization; 

  
 -124- 

			
	 5519
	  	 (xii) the Parent Borrower and any Subsidiaries may pay or distribute Receivables

	 5520
	  	 Fees; 

		
	 5521
	  	 (xiii) Holdings, the Parent Borrower and any Subsidiary may make Restricted

	 5522
	  	 Payments to allow the payment of cash in lieu of the issuance of fractional shares upon the 

	 5523
	  	 exercise of options or warrants or upon the conversion or exchange of Equity Interests of any 

	 5524
	  	 such Person; and 

		
	 5525
	  	 (xiv)the Parent Borrower may make payments to Holdings to permit it to make, and

	 5526
	  	 Holdings may make, Restricted Payments; provided that the aggregate amount of such Restricted 

	 5527
	  	 Payments, together with the aggregate amount of payments of Indebtedness made pursuant to 

	 5528
	  	 Section 6.08(b)(ix) and the aggregate amount of investments made pursuant to
Section 6.04(v), 

	 5529
	  	 during the RP Period shall not exceed $25,000,000; provided further that at the time of any 

	 5530
	  	 payment pursuant to this clause (xiv), no Default or Event of Default shall have occurred and be

	 5531
	  	 continuing. 

		
	 5532
	  	 (b) None of Holdings, the Parent Borrower, any Subsidiary Term Borrower or any

	 5533
	  	 Foreign Subsidiary Borrower will, nor will they permit any Subsidiary to, make or agree to pay or
make,

	 5534
	  	 directly or indirectly, any payment or other distribution (whether in cash, securities or other
property) of

	 5535
	  	 or in respect of principal of or interest on any Indebtedness, or any payment or other
distribution (whether

	 5536
	  	 in cash, securities or other property), including any sinking fund or similar deposit, on account
of the

	 5537
	  	 purchase, redemption, retirement, acquisition, cancellation or termination of any Indebtedness,
except:

		
	 5538
	  	 (i) payment of Indebtedness created under the Loan Documents;

		
	 5539
	  	 (ii) payment of regularly scheduled interest and principal payments as and when due

	 5540
	  	 in respect of any Indebtedness, other than payments in respect of subordinated Indebtedness

	 5541
	  	 prohibited by the subordination provisions thereof;

		
	 5542
	  	 (iii) refinancings of Indebtedness to the extent permitted by Section 6.01;

		
	 5543
	  	 (iv) payment of secured Indebtedness out of; 

		
	 5544
	  	 the proceeds of any sale or transfer of the property or assets securing
such

	 5545
	  	 Indebtedness;(v) the making of any payment within 60 days of the giving of
irrevocable

	 5546
	  	 notice in respect thereof shall be permitted if at the time of the giving of such irrevocable notice,

	 5547
	  	 such payment would have complied with the provisions of this Agreement; 

		
	 5548
	  	 (v) [reserved];

		
	 5549
	  	 (vi) payments of Indebtedness with the Net Proceeds Not Otherwise Applied of
an

	 5550
	  	 issuance of Equity Interests in Holdings; and issued on or after the Restatement Date (other than

	 5551
	  	 an issuance to the Parent Borrower or a Subsidiary and other than an issuance of Disqualified 

	 5552
	  	 Equity Interests); 

		
	 5553
	  	 (vii) payments of Indebtedness in an amount equal to the Available Amount;
provided

	 5554
	  	 that at the time of such payment and after giving effect thereto, (i) no Default or Event of Default

	 5555
	  	 shall have occurred and be continuing and (ii) at the time of such payment and after giving effect

	 5556
	  	 thereto and to the incurrence of any Indebtedness in connection therewith, the Total Net Leverage

	 5557
	  	 Ratio is not greater than 2.003.50 to 1.00.; 

  
 -125- 

			
	 5558
	  	 (viii) payments of Indebtedness; provided that if after giving effect to such

	 5559
	  	 payments (and any Indebtedness incurred in connection therewith), the Total Net Leverage Ratio 

	 5560
	  	 at the time of the making of such payments (the date of the making of such payments, the “Debt

	 5561
	  	 Repayment Date”) would be (1) less than or equal to 2.25 to 1.00, there shall be no
limit on the 

	 5562
	  	 amount of payments made pursuant to this clause (viii), (2) less than or equal to 2.75 to 1.00, but

	 5563
	  	 greater than 2.25 to 1.00, the aggregate amount of payments made pursuant to this clause (viii), 

	 5564
	  	 together with the aggregate amount of Restricted Payments made pursuant to Section 

	 5565
	  	 6.08(a)(viii), during the period from the date 12 months prior to the Debt Repayment Date 

	 5566
	  	 through (and including) the Debt Repayment Date (such period, the “Debt Repayment
Period”) 

	 5567
	  	 shall not exceed $100,000,000, (3) less than or equal to 3.25 to 1.00 but greater than 2.75 to 1.00,

	 5568
	  	 the aggregate amount of payments of Indebtedness made pursuant to this clause (viii), together 

	 5569
	  	 with the aggregate amount of Restricted Debt Payments made pursuant to Section 6.08(a)(viii),

	 5570
	  	 during the Debt Repayment Period shall not exceed $50,000,000 and (4) greater than 3.25 to 1.00,

	 5571
	  	 no payments of Indebtedness may be made pursuant to this clause (viii); provided further that at 

	 5572
	  	 the time of any payment pursuant to this clause (viii), no Default or Event of Default shall have 

	 5573
	  	 occurred and be continuing; and 

		
	 5574
	  	 (ix) payments of Indebtedness; provided that the aggregate amount of such
payments, 

	 5575
	  	 together with the aggregate amount of Restricted Payments made pursuant to Section 6.08(a)(xiv)

	 5576
	  	 and the aggregate amount of investments made pursuant to Section 6.04(v), during the Debt

	 5577
	  	 Repayment Period shall not exceed $25,000,000; provided further that at the time of any payment 

	 5578
	  	 pursuant to this clause (ix), no Default or Event of Default shall have occurred and be continuing.

		
	 5579
	  	 (c) None of Holdings, the Parent Borrower or any Foreign Subsidiary Borrower will,

	 5580
	  	 nor will they permit any Subsidiary to, enter into or be party to, or make any payment under,
any

	 5581
	  	 Synthetic Purchase Agreement unless (i) in the case of any Synthetic Purchase Agreement
related to any

	 5582
	  	 Equity Interest of Holdings, the payments required to be made by Holdings are limited to
amounts

	 5583
	  	 permitted to be paid under Section 6.08(a), (ii) in the case of any Synthetic Purchase
Agreement related to

	 5584
	  	 any Restricted Indebtedness, the payments required to be made by Holdings, the Parent Borrower or
the

	 5585
	  	 Subsidiaries thereunder are limited to the amount permitted under Section 6.08(b) and
(iii) in the case of

	 5586
	  	 any Synthetic Purchase Agreement, the obligations of Holdings, the Parent Borrower and the
Subsidiaries

	 5587
	  	 thereunder are subordinated to the Obligations on terms satisfactory to the Required
Lenders.

		
	 5588
	  	 SECTION 6.09 Transactions with Affiliates. None of Holdings, the Parent Borrower,

	 5589
	  	any Subsidiary Term Borrower or any Foreign Subsidiary Borrower will, nor will they permit any
	 5590
	  	 Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase, lease or
otherwise

	 5591
	  	 acquire any property or assets from, or otherwise engage in any other transactions with, any of
its

	 5592
	  	 Affiliates, except:

		
	 5593
	  	 (a) transactions that are at prices and on terms and conditions not less favorable to

	 5594
	  	 the Parent Borrower or such Subsidiary than could be obtained on an
arm’s-length basis from

	 5595
	  	 unrelated third parties;

		
	 5596
	  	 (b) transactions between or among the Parent Borrower and the Subsidiaries not

	 5597
	  	 involving any other Affiliate (to the extent not otherwise prohibited by other provisions of this

	 5598
	  	 Agreement);

		
	 5599
	  	 (c) any Restricted Payment permitted by Section 6.08; and 

		
	 5600
	  	 (d) transactions pursuant to agreements in effect on the Restatement Date and listed

	 5601
	  	 on Schedule 6.09 (provided that this clause (d) shall not apply to any extension, or renewal of,
or

  
 -126- 

			
	 5602
	  	 any amendment or modification of such agreements that is less favorable to the Parent Borrower

	 5603
	  	 or the applicable Subsidiaries, as the case may be).; 

		
	 5604
	  	 (e) payments or loans (or cancellations of loans) to officers, directors, employees or

	 5605
	  	 consultants which are approved by a majority of the board of directors of Holdings in good faith; 

		
	 5606
	  	 (f) the issuance of Equity Interests (other than Disqualified Equity Interests) of

	 5607
	  	 Holdings to any Person; 

		
	 5608
	  	 (g) the issuances of securities or other payments, awards or grants in cash, securities

	 5609
	  	 or otherwise pursuant to, the funding of, or the making of payments pursuant to, employment, 

	 5610
	  	 consulting and service agreements and arrangements, stock option and stock ownership plans, 

	 5611
	  	 long-term incentive plans or similar employee or director benefit plans approved by the board of

	 5612
	  	 directors of Holdings or any direct or indirect parent of Holdings or the board of directors of the

	 5613
	  	 Parent Borrower or a Subsidiary, as appropriate, in good faith; 

		
	 5614
	  	 (h) any contribution to the capital of Holdings; 

		
	 5615
	  	 (i) transactions between Holdings, the Parent Borrower or any Subsidiary, on the

	 5616
	  	 one hand, and any Person, on the other hand, a director of which is also a director of Holdings or

	 5617
	  	 any direct or indirect parent of Holdings; provided that such director abstains from voting as a 

	 5618
	  	 director of Holdings or such direct or indirect parent, as the case may be, on any matter
involving

	 5619
	  	 such other Person; and 

		
	 5620
	  	 (j) any employment agreements or any similar or related agreements entered into
by

	 5621
	  	 Holdings, the Parent Borrower or any Subsidiary, in each case in the ordinary course of business. 

		
	 5622
	  	 SECTION 6.10 Restrictive Agreements. None of Holdings, the Parent Borrower, any 

	 5623
	  	Subsidiary Term Borrower or any Foreign Subsidiary Borrower will, nor will they permit any Subsidiary
	 5624
	  	 to, directly or indirectly, enter into, incur or permit to exist any agreement or other
arrangement that

	 5625
	  	 prohibits, restricts or imposes any condition upon (a) the ability of Holdings, the Parent
Borrower or any

	 5626
	  	 Subsidiary to create, incur or permit to exist any Lien upon any of its property or assets, or
(b) the ability

	 5627
	  	 of any Subsidiary to pay dividends or other distributions with respect to any shares of its
capital stock or

	 5628
	  	 to make or repay loans or advances to the Parent Borrower or any other Subsidiary or to
Guarantee

	 5629
	  	 Indebtedness of the Parent Borrower or any other Subsidiary; provided that (i) the
foregoing shall not

	 5630
	  	 apply to restrictions and conditions imposed by law, rule, regulation or order or by any
Loan Document,

	 5631
	  	 Permitted Receivables Document or any Specified Vendor Receivables Financing Document that
are

	 5632
	  	 customary, in the reasonable judgment of the board of directors thereof, for the market in which
such

	 5633
	  	 Indebtedness is issued so long as such restrictions do not prevent, impede or impair (x) the
creation of

	 5634
	  	 Liens and Guarantees in favor of the Lenders under the Loan Documents or (y) the satisfaction
of the

	 5635
	  	 obligations of the Loan Parties under the Loan Documents, (ii) the foregoing shall not apply
to

	 5636
	  	 restrictions and conditions existing on the Restatement Date identified on Schedule 6.10
(but shall apply 

	 5637
	  	to any extension or renewal of, or any amendment or modification expanding the scope of, any such
	 5638
	  	restriction or condition), (iii) the foregoing shall not apply to customary restrictions and conditions
	 5639
	  	 contained in agreements relating to the sale of a Subsidiary pending such sale; provided,
further, that such

	 5640
	  	 restrictions and conditions apply only to the Subsidiary that is to be sold and such sale is
permitted

	 5641
	  	 hereunder and, (iv) clause (a) of the foregoing shall not apply to
(A) restrictions or conditions imposed by

	 5642
	  	 any agreement relating to secured Indebtedness permitted by this Agreement if such restrictions
or

	 5643
	  	 conditions apply only to the property or assets securing such Indebtedness and (B) customary
provisions

	 5644
	  	 in leases and other agreements restricting the assignment thereof., (v) the
foregoing shall not apply to any 

	 5645
	  	 agreement or other instrument of a Person acquired by the Parent Borrower or any Subsidiary
which was 

  
 -127- 

			
	 5646
	  	 in existence at the time of such acquisition (but not created in contemplation thereof or to
provide all or 

	 5647
	  	 any portion of the funds or credit support utilized to consummate such acquisition), which
encumbrance 

	 5648
	  	 or restriction is not applicable to any Person, or the properties or assets of any Person,
other than the 

	 5649
	  	 Person and its Subsidiaries, or the property or assets of the Person and its Subsidiaries, so
acquired, (vi) 

	 5650
	  	 the foregoing shall not apply to customary restrictions on cash or other deposits or net worth
required by 

	 5651
	  	 customers under contracts entered into in the ordinary course of business,
(vii) the foregoing shall not 

	 5652
	  	 apply to customary provisions in joint venture agreements, partnership agreements, limited
liability 

	 5653
	  	 company agreements and similar agreements required in connection with the entering into of such

	 5654
	  	 transaction and (viii) any prohibition or restrictions of the type referred to in
clauses (a) or (b) above 

	 5655
	  	 imposed by amendments, modifications, restatements, renewals, increases, supplements,
refundings, 

	 5656
	  	 replacements or refinancings of the contracts, instruments or obligations referred to in
clauses (i) through 

	 5657
	  	 (vii) above shall be permitted; provided that such amendments, modifications, restatements,
renewals, 

	 5658
	  	 increases, supplements, refundings, replacements or refinancings do not expand the scope of any
such 

	 5659
	  	 prohibition or restriction from that originally set forth in the contract, instrument or
obligation referred to 

	 5660
	  	 in clauses (i) through (vii) above. 

		
	 5661
	  	 SECTION 6.11 Amendment of Material Documents. None of Holdings, the Parent

	 5662
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower will,
nor will they permit

	 5663
	  	 any Subsidiary (including the Receivables Subsidiary) to, amend, restate, modify or waive any of
its

	 5664
	  	 rights under (a) its certificate of incorporation,
by-laws or other organizational documents, and (b) any

	 5665
	  	 Material Agreement or other agreements (including joint venture agreements), in each case to the
extent

	 5666
	  	 such amendment, restatement, modification or waiver is adverse to the Lenders in any material
respect (it

	 5667
	  	 being agreed that the addition or removal of Loan Parties from participation in a Permitted
Receivables

	 5668
	  	 Financing or Specified Vendor Receivables Financing shall not constitute an amendment,
modification or

	 5669
	  	 waiver of the Receivables Purchase Agreement, Receivables Transfer Agreement or any
Specified

	 5670
	  	 Vendor Receivables Financing Document that is adverse to the Lenders).

		
	 5671
	  	 SECTION 6.12 Interest Expense Coverage Ratio. Neither Holdings nor the Parent

	 5672
	  	 Borrower will permit the Interest Expense Coverage Ratio, in each case as of the last day of any
period of

	 5673
	  	 four consecutive fiscal quarters ending after the Restatement Date, to be less than 3.00 to
1.00.

		
	 5674
	  	 SECTION 6.13 Total Net Leverage Ratio; Senior Secured Net Leverage Ratio. (a) 

	 5675
	  	 Neither Holdings nor the Parent Borrower will permit the Leverage Total Net
Leverage Ratio as of the

	 5676
	  	 last day of any fiscal quarter ending after the Restatement Date to exceed 4.00 to 1.00;
provided that

	 5677
	  	 during a Covenant Holiday Period, neither Holdings nor the Parent Borrower will permit the
Total Net

	 5678
	  	 Leverage Ratio as of the last day of any fiscal quarter ending during such Covenant Holiday
Period to

	 5679
	  	 exceed 4.50 to 1.00 and (b) neither Holdings nor the Parent Borrower will permit the Senior
Secured Net

	 5680
	  	 Leverage Ratio as of the last day of any fiscal quarter ending after the Restatement Date
to exceed 3.50 to

	 5681
	  	 1.00; provided that during a Covenant Holiday Period, neither Holdings nor the Parent
Borrower will

	 5682
	  	 permit the Senior Secured Net Leverage Ratio as of the last day of any fiscal quarter
ending during such

	 5683
	  	 Covenant Holiday Period to exceed 4.00 to 1.00.

		
	 5684
	  	 SECTION 6.14 Use of Proceeds. No Parent Borrower, Subsidiary Term Borrower or

	 5685
	  	 Foreign Subsidiary Borrower will request any Borrowing or Letter of Credit, and no Parent
Borrower, 

	 5686
	  	Subsidiary Term Borrower or Foreign Subsidiary Borrower shall use, and shall procure that itstheir
	 5687
	  	 Subsidiaries and its or their respective directors, officers, employees and agents shall not use,
the

	 5688
	  	 proceeds of any Borrowing or Letter of Credit (A) in furtherance of an offer, payment,
promise to pay, or

	 5689
	  	 authorization of the payment or giving of money, or anything else of value, to any Person in
violation of

	 5690
	  	 any Anti-Corruption Laws, (B) for the purpose of funding, financing or facilitating any
activities,

	 5691
	  	 business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, to the
extent such

  
 -128- 

			
	 5692
	  	 activities, businesses or transaction would be prohibited by Sanctions if conducted by a
corporation

	 5693
	  	 incorporated in the United States or in a European Union member state or (C) in any manner
that would

	 5694
	  	 result in the violation of any Sanctions applicable to any party hereto.

		
	 5695
	  	ARTICLE VII
	 5696
	  	
	 5697
	  	Events of Default
		
	 5698
	  	 If any of the following events (“Events of Default”) shall occur:

		
	 5699
	  	 (a) the Parent Borrower, any Subsidiary Term Borrower or any Foreign
Subsidiary

	 5700
	  	 Borrower shall fail to (i) pay any principal of any Loan or any reimbursement obligation in

	 5701
	  	 respect of any LC Disbursement when and as the same shall become due and payable, whether at

	 5702
	  	 the due date thereof or at a date fixed for prepayment thereof or otherwise or (ii) provide cash

	 5703
	  	 collateral when and as the same shall be required by Section 2.05(k);

		
	 5704
	  	 (b) the Parent Borrower, any Subsidiary Term Borrower or any Foreign
Subsidiary

	 5705
	  	 Borrower shall fail to pay any interest on any Loan or any fee or any other amount (other than an

	 5706
	  	 amount referred to in clause (a) of this Article) payable under this Agreement or any other Loan

	 5707
	  	 Document, when and as the same shall become due and payable, and such failure shall continue

	 5708
	  	 unremedied for a period of five Business Days;

		
	 5709
	  	 (c) any representation or warranty made or deemed made by or on behalf of

	 5710
	  	 Holdings, the Parent Borrower, any Subsidiary Term Borrower, any Foreign Subsidiary
Borrower

	 5711
	  	 or any Subsidiary in or in connection with any Loan Document or any amendment or

	 5712
	  	 modification thereof or waiver thereunder, or in any report, certificate, financial statement or

	 5713
	  	 other document furnished pursuant to or in connection with any Loan Document or any

	 5714
	  	 amendment or modification thereof or waiver thereunder, shall prove to have been incorrect in

	 5715
	  	 any material respect when made or deemed made;

		
	 5716
	  	 (d) Holdings, the Parent Borrower, any Subsidiary Term Borrower or any
Foreign

	 5717
	  	 Subsidiary Borrower shall fail to observe or perform any covenant, condition or agreement

	 5718
	  	 contained in Section 5.02, 5.04(a) (with respect to the existence of Holdings, the Parent

	 5719
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower and ownership
of

	 5720
	  	 the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers), 5.04(b) or 5.11 or
in

	 5721
	  	 Article VI;

		
	 5722
	  	 (e) any Loan Party shall fail to observe or perform any covenant, condition or

	 5723
	  	 agreement contained in any Loan Document (other than those specified in clause (a), (b) or (d) of

	 5724
	  	 this Article), and such failure shall continue unremedied for a period of 30 days after the earlier of

	 5725
	  	 (x) notice thereof from the Administrative Agent to the Parent Borrower (which notice will be

	 5726
	  	 given at the request of any Lender) and (y) the date on which the President, a Vice President or a

	 5727
	  	 Financial Officer of the Parent Borrower becomes aware of such failure;

		
	 5728
	  	 (f) Holdings, the Parent Borrower or any Subsidiary shall fail to make any payment

	 5729
	  	 (whether of principal, interest or other payment obligations) in respect of any Material

	 5730
	  	 Indebtedness, when and as the same shall become due and payable after giving effect to any

	 5731
	  	 applicable grace period with respect thereto;

		
	 5732
	  	 (g) any event or condition occurs that results in any Material Indebtedness becoming

	 5733
	  	 due prior to its scheduled maturity or that enables or permits the holder or holders of any
Material

  
 -129- 

			
	 5734
	  	 Indebtedness or any trustee or agent on its or their behalf to cause any Material Indebtedness to

	 5735
	  	 become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to

	 5736
	  	 its scheduled maturity; provided that this clause (g) shall not apply to secured Indebtedness
that

	 5737
	  	 becomes due as a result of the voluntary sale or transfer of the property or assets securing such

	 5738
	  	 Indebtedness;

		
	 5739
	  	 (h) an involuntary proceeding shall be commenced or an involuntary petition shall be

	 5740
	  	 filed seeking (i) liquidation, reorganization or other relief in respect of Holdings, the Parent

	 5741
	  	 Borrower, any Subsidiary Term Borrower, any Foreign Subsidiary Borrower or any Subsidiary
or

	 5742
	  	 its debts, or of a substantial part of its assets, under any Federal, state or foreign bankruptcy,

	 5743
	  	 insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a

	 5744
	  	 receiver, trustee, custodian, sequestrator, conservator or similar official for Holdings, the Parent

	 5745
	  	 Borrower or any Subsidiary or for a substantial part of its assets, and, in any such case, such

	 5746
	  	 proceeding or petition shall continue undismissed for 60 days or an order or decree approving or

	 5747
	  	 ordering any of the foregoing shall be entered;

		
	 5748
	  	 (i) Holdings, the Parent Borrower or any Subsidiary shall (i) voluntarily
commence

	 5749
	  	 any proceeding or file any petition seeking liquidation, reorganization or other relief under any

	 5750
	  	 Federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in

	 5751
	  	 effect, (ii) consent to the institution of, or fail to contest in a timely and appropriate manner,
any

	 5752
	  	 proceeding or petition described in clause (h) of this Article, (iii) apply for or consent to
the

	 5753
	  	 appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for

	 5754
	  	 Holdings, the Parent Borrower or any Subsidiary or for a substantial part of its assets, (iv) file
an

	 5755
	  	 answer admitting the material allegations of a petition filed against it in any such proceeding, (v)

	 5756
	  	 make a general assignment for the benefit of creditors or (vi) take any action for the purpose of

	 5757
	  	 effecting any of the foregoing;

		
	 5758
	  	 (j) Holdings, the Parent Borrower or any Subsidiary shall become unable, admit in

	 5759
	  	 writing in a court proceeding its inability or fail generally to pay its debts as they become due;

		
	 5760
	  	 (k) one or more judgments for the payment of money in an aggregate amount in

	 5761
	  	 excess of $25,000,00050,000,000 shall be rendered against Holdings, the Parent Borrower,
any

	 5762
	  	 Subsidiary or any combination thereof and the same shall remain undischarged for a period of 30

	 5763
	  	 consecutive days during which execution shall not be effectively stayed, or any action shall be

	 5764
	  	 legally taken by a judgment creditor to attach or levy upon any assets of Holdings, the Parent

	 5765
	  	 Borrower or any Subsidiary to enforce any such judgment;

		
	 5766
	  	 (l) an ERISA Event shall have occurred that, in the opinion of the Required Lenders,

	 5767
	  	 when taken together with all other ERISA Events that have occurred, could reasonably be

	 5768
	  	 expected to result in a Material Adverse Effect;

		
	 5769
	  	 (m) any Lien covering property having a book value or fair market value of

	 5770
	  	 $1,000,0005,000,000 or more purported to be created under any Security Document shall cease
to

	 5771
	  	 be, or shall be asserted by any Loan Party not to be, a valid and perfected Lien on any Collateral,

	 5772
	  	 except (i) as a result of the sale or other disposition of the applicable Collateral in a
transaction

	 5773
	  	 permitted under the Loan Documents or (ii) as a result of the Administrative Agent’s failure to

	 5774
	  	 maintain possession of any stock certificates, promissory notes or other instruments delivered to it

	 5775
	  	 under the Pledge Agreement;

  
 -130- 

			
	 5776
	  	 (n) the Guarantee Agreement or any other Loan Document (other than a Security

	 5777
	  	 Document) shall cease to be, or shall have been asserted in writing by any Loan Party not to be,

	 5778
	  	 in full force and effect in accordance with its terms;

		
	 5779
	  	 (o) the Parent Borrower, Holdings or any Subsidiary shall challenge the

	 5780
	  	 subordination provisions of the Subordinated Debt or assert that such provisions are invalid or

	 5781
	  	 unenforceable or that the Obligations of the Parent Borrower, any Subsidiary Term Borrower
or

	 5782
	  	 any Foreign Subsidiary Borrower, or the Obligations of Holdings or any Subsidiary under the

	 5783
	  	 Guarantee Agreement, are not senior Indebtedness under the subordination provisions of the

	 5784
	  	 Subordinated Debt, or any court, tribunal or government authority of competent jurisdiction shall

	 5785
	  	 judge the subordination provisions of the Subordinated Debt to be invalid or unenforceable or

	 5786
	  	 such Obligations to be not senior Indebtedness under such subordination provisions or otherwise

	 5787
	  	 cease to be, or shall be asserted not to be, legal, valid and binding obligations of the parties

	 5788
	  	 thereto, enforceable in accordance with their terms; or

		
	 5789
	  	 (p) a Change in Control shall occur;

		
	 5790
	  	 then, and in every such event (other than an event with respect to the Parent Borrower,
any Subsidiary 

	 5791
	  	Term Borrower or any Foreign Subsidiary Borrower described in clause (h) or (i) of this Article), and at
	 5792
	  	 any time thereafter during the continuance of such event, the Administrative Agent may, and at
the

	 5793
	  	 request of the Required Lenders shall, by notice to the Parent Borrower (on behalf of
itself, the Subsidiary 

	 5794
	  	Term Borrowers and the Foreign Subsidiary Borrowers), take either or both of the following actions, at
	 5795
	  	 the same or different times: (i) terminate the Commitments, and thereupon the Commitments
shall

	 5796
	  	 terminate immediately, and (ii) declare the Loans then outstanding to be due and payable in
whole (or in

	 5797
	  	 part, in which case any principal not so declared to be due and payable may thereafter be declared
to be

	 5798
	  	 due and payable), and thereupon the principal of the Loans so declared to be due and payable,
together

	 5799
	  	 with accrued interest thereon and all fees and other obligations of the Parent Borrower,
any Subsidiary 

	 5800
	  	Term Borrower or any Foreign Subsidiary Borrower accrued hereunder, shall become due and payable
	 5801
	  	 immediately, without presentment, demand, protest or other notice of any kind, all of which are
hereby

	 5802
	  	 waived by the Parent Borrower, the Subsidiary Term Borrowers and the Foreign
Subsidiary Borrowers;

	 5803
	  	 and in case of any event with respect to the Parent Borrower, any Subsidiary Term
Borrower or any

	 5804
	  	 Foreign Subsidiary Borrower described in clause (h) or (i) of this Article, the Commitments
shall

	 5805
	  	 automatically terminate and the principal of the Loans then outstanding, together with accrued
interest

	 5806
	  	 thereon and all fees and other obligations of the Parent Borrower, any Subsidiary Term
Borrower or any

	 5807
	  	 Foreign Subsidiary Borrower accrued hereunder, shall automatically become due and payable,
without

	 5808
	  	 presentment, demand, protest or other notice of any kind, all of which are hereby waived by the
Parent

	 5809
	  	 Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary
Borrowers.

		
	 5810
	  	ARTICLE VIII
	 5811
	  	
	 5812
	  	The Agents
		
	 5813
	  	 Each of the Lenders and the Issuing Bank hereby irrevocably appoints the each of the

	 5814
	  	 Administrative Agent (it being understood that reference in this Article VIII to the
Administrative Agent

	 5815
	  	 shall be deemed to include the Collateral Agent) and the Foreign Currency Agent as its agent
and

	 5816
	  	 authorizes each of the Administrative Agent and the Foreign Currency Agent to take such actions on
its

	 5817
	  	 behalf and to exercise such powers as are delegated to the Administrative Agent or the Foreign
Currency

	 5818
	  	 Agent, as applicable, by the terms of the Loan Documents, together with such actions and powers as
are

	 5819
	  	 reasonably incidental thereto.

  
 -131- 

			
	 5820
	  	 Each of the banks serving as the Administrative Agent and the Foreign Currency Agent

	 5821
	  	 hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender
and may

	 5822
	  	 exercise the same as though it were not the Administrative Agent or the Foreign Currency Agent,
as

	 5823
	  	 applicable, and each such bank and its Affiliates may accept deposits from, lend money to and
generally

	 5824
	  	 engage in any kind of business with Holdings, the Parent Borrower or any Subsidiary or other
Affiliate

	 5825
	  	 thereof as if it were not the Administrative Agent or the Foreign Currency Agent, as
applicable,

	 5826
	  	 hereunder.

		
	 5827
	  	 The Administrative Agent and the Foreign Currency Agent shall not have any duties or

	 5828
	  	 obligations except those expressly set forth in the Loan Documents. Without limiting the
generality of

	 5829
	  	 the foregoing, (a) the Administrative Agent and the Foreign Currency Agent shall not be
subject to any

	 5830
	  	 fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing,
(b) the

	 5831
	  	 Administrative Agent and the Foreign Currency Agent shall not have any duty to take any
discretionary

	 5832
	  	 action or exercise any discretionary powers, except discretionary rights and powers
expressly

	 5833
	  	 contemplated by the Loan Documents that the Administrative Agent is required to exercise in
writing by

	 5834
	  	 the Required Lenders (or such other number or percentage of the Lenders as shall be necessary
under the

	 5835
	  	 circumstances as provided in Section 10.02), and (c) except as expressly set forth in
the Loan Documents,

	 5836
	  	 the Administrative Agent and the Foreign Currency Agent shall not have any duty to disclose, and
shall

	 5837
	  	 not be liable for the failure to disclose, any information relating to Holdings, the Parent
Borrower or any

	 5838
	  	 of its Subsidiaries that is communicated to or obtained by the banks serving as Administrative
Agent and

	 5839
	  	 Foreign Currency Agent or any of their Affiliates in any capacity. The Administrative Agent shall
not be

	 5840
	  	 liable for any action taken or not taken by it with the consent or at the request of the Required
Lenders (or

	 5841
	  	 such other number or percentage of the Lenders as shall be necessary under the circumstances as
provided

	 5842
	  	 in Section 10.02) and neither the Administrative Agent nor the Foreign Currency Agent shall
be liable for

	 5843
	  	 any action taken or not taken by it in the absence of its own gross negligence or willful
misconduct. Each

	 5844
	  	 of the Administrative Agent and the Foreign Currency Agent shall be deemed not to have knowledge
of

	 5845
	  	 any Default unless and until written notice thereof is given to the Administrative Agent by
Holdings, the

	 5846
	  	 Parent Borrower, a Subsidiary Term Borrower, a Foreign Subsidiary Borrower or a
Lender, and neither

	 5847
	  	 the Administrative Agent nor the Foreign Currency Agent shall be responsible for or have any duty
to

	 5848
	  	 ascertain or inquire into (i) any statement, warranty or representation made in or in
connection with any

	 5849
	  	 Loan Document, (ii) the contents of any certificate, report or other document delivered
thereunder or in

	 5850
	  	 connection therewith, (iii) the performance or observance of any of the covenants, agreements
or other

	 5851
	  	 terms or conditions set forth in any Loan Document or the occurrence of any Event of default,
(iv) the

	 5852
	  	 validity, enforceability, effectiveness or genuineness of any Loan Document or any other
agreement,

	 5853
	  	 instrument or document, or (v) the satisfaction of any condition set forth in Article IV or
elsewhere in any

	 5854
	  	 Loan Document, other than to confirm receipt of items expressly required to be delivered to
the

	 5855
	  	 Administrative Agent or the Foreign Currency Agent.

		
	 5856
	  	 Each of the Administrative Agent and the Foreign Currency Agent shall be entitled to

	 5857
	  	 rely upon, and shall not incur any liability for relying upon, any notice, request, certificate,
consent,

	 5858
	  	 statement, instrument, document or other writing believed by it to be genuine and to have been
signed or

	 5859
	  	 sent by the proper Person. Each of the Administrative Agent and the Foreign Currency Agent also
may

	 5860
	  	 rely upon any statement made to it orally or by telephone and believed by it to be made by the
proper

	 5861
	  	 Person, and shall not incur any liability for relying thereon. Each of the Administrative Agent
and the

	 5862
	  	 Foreign Currency Agent may consult with legal counsel (who may be counsel for the Parent
Borrower, a 

	 5863
	  	Subsidiary Term Borrower or any Foreign Subsidiary Borrower), independent accountants and other
	 5864
	  	 experts selected by it, and shall not be liable for any action taken or not taken by it in
accordance with the

	 5865
	  	 advice of any such counsel, accountants or experts.

  
 -132- 

			
	 5866
	  	 Each of the Administrative Agent and the Foreign Currency Agent may perform any and

	 5867
	  	 all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by the

	 5868
	  	 Administrative Agent or the Foreign Currency Agent, as applicable. Each of the Administrative
Agent,

	 5869
	  	 the Foreign Currency Agent and any such sub-agent may
perform any and all its duties and exercise its

	 5870
	  	 rights and powers through their respective Related Parties. The exculpatory provisions of the
preceding

	 5871
	  	 paragraphs shall apply to any such sub-agent and to the
Related Parties of each Administrative Agent,

	 5872
	  	 Foreign Currency Agent and any such sub-agent, and shall
apply to their respective activities in

	 5873
	  	 connection with the syndication of the credit facilities provided for herein as well as activities
as

	 5874
	  	 Administrative Agent or Foreign Currency Agent, as applicable.

		
	 5875
	  	 Subject to the appointment and acceptance of a successor Administrative Agent as

	 5876
	  	 provided in this paragraph, the Administrative Agent may resign at any time by notifying the
Lenders, the

	 5877
	  	 Issuing Bank and the Parent Borrower (on behalf of itself, the Subsidiary Term
Borrowers and the

	 5878
	  	 Foreign Subsidiary Borrowers). Upon any such resignation, the Required Lenders shall have the
right, in

	 5879
	  	 consultation with the Parent Borrower and, if applicable, the relevant Subsidiary Term
Borrower and 

	 5880
	  	 Foreign Subsidiary Borrower, to appoint a successor from among the Lenders. If no successor shall
have

	 5881
	  	 been so appointed by the Required Lenders and shall have accepted such appointment within 30
days

	 5882
	  	 after the retiring Administrative Agent gives notice of its resignation, then the retiring
Administrative

	 5883
	  	 Agent may, on behalf of the Lenders and the Issuing Bank, appoint a successor Administrative
Agent

	 5884
	  	 which shall be a bank with an office in New York, New York, or an Affiliate of any such bank. Upon
the

	 5885
	  	 acceptance of its appointment as Administrative Agent hereunder by a successor, such successor
shall

	 5886
	  	 succeed to and become vested with all the rights, powers, privileges and duties of the
retiring

	 5887
	  	 Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties
and

	 5888
	  	 obligations hereunder. The fees payable by the Parent Borrower (on behalf of itself, the
Subsidiary Term 

	 5889
	  	Borrowers and the Foreign Subsidiary Borrowers) to a successor Administrative Agent shall be the same
	 5890
	  	 as those payable to its predecessor unless otherwise agreed between the Parent Borrower (on behalf
of

	 5891
	  	 itself, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers) and
such successor. After

	 5892
	  	 the Administrative Agent’s resignation hereunder, the provisions of this Article and
Section 10.03 shall

	 5893
	  	 continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective

	 5894
	  	 Related Parties in respect of any actions taken or omitted to be taken by any of them while it was
acting

	 5895
	  	 as Administrative Agent.

		
	 5896
	  	 Subject to the appointment and acceptance of a successor Foreign Currency Agent as

	 5897
	  	 provided in this paragraph, the Administrative Agent may resign at any time by notifying the
Lenders, the

	 5898
	  	 Administrative Agent and the Parent Borrower (on behalf of itself, the Subsidiary Term
Borrowers and

	 5899
	  	 the Foreign Subsidiary Borrowers). Upon any such resignation, the Required Lenders shall have
the

	 5900
	  	 right, in consultation with the Parent Borrower and, if applicable, the relevant Foreign
Subsidiary

	 5901
	  	 Borrower, to appoint a successor from among the Lenders. If no successor shall have been so
appointed

	 5902
	  	 by the Required Lenders and shall have accepted such appointment within 10 days after the
retiring

	 5903
	  	 Foreign Currency Agent gives notice of its resignation, then the retiring Foreign Currency Agent
may, on

	 5904
	  	 behalf of the Lenders and the Administrative Agent, appoint a successor Foreign Currency Agent.
Upon

	 5905
	  	 the acceptance of its appointment as Foreign Currency Agent hereunder by a successor, such
successor

	 5906
	  	 shall succeed to and become vested with all the rights, powers, privileges and duties of the
retiring

	 5907
	  	 Foreign Currency Agent, and the retiring Foreign Currency Agent shall be discharged from its
duties and

	 5908
	  	 obligations hereunder. The fees payable by the Parent Borrower (on behalf of itself and the
Foreign

	 5909
	  	 Subsidiary Borrowers) to a successor Foreign Currency Agent shall be the same as those payable to
its

	 5910
	  	 predecessor unless otherwise agreed between the Parent Borrower (on behalf of itself and the
Foreign

	 5911
	  	 Subsidiary Borrowers) and such successor. After the Administrative Agent’s resignation
hereunder, the

	 5912
	  	 provisions of this Article and Section 10.03 shall continue in effect for the benefit of such
retiring Foreign

  
 -133- 

			
	 5913
	  	 Currency Agent, its sub-agents and their respective
Related Parties in respect of any actions taken or

	 5914
	  	 omitted to be taken by any of them while it was acting as Foreign Currency Agent.

		
	 5915
	  	 Each Lender acknowledges that it has, independently and without reliance upon the

	 5916
	  	 Administrative Agent, the Foreign Currency Agent or any other Lender and based on such documents
and

	 5917
	  	 information as it has deemed appropriate, made its own credit analysis and decision to enter into
this

	 5918
	  	 Agreement. Each Lender also acknowledges that it will, independently and without reliance upon
the

	 5919
	  	 Administrative Agent, the Foreign Currency Agent or any other Lender and based on such documents
and

	 5920
	  	 information as it shall from time to time deem appropriate, continue to make its own decisions in
taking

	 5921
	  	 or not taking action under or based upon this Agreement, any other Loan Document or related
agreement

	 5922
	  	 or any document furnished hereunder or thereunder.

		
	 5923
	  	 None of the Syndication Agents or Documentation Agents shall have any duties or 

	 5924
	  	 responsibilities hereunder in their respective capacities as such. 

		
	 5925
	  	ARTICLE IX
	 5926
	  	
	 5927
	  	Collection Allocation Mechanism[Reserved]
		
	 5928
	  	 SECTION 9.01 Implementation of CAM.

		
	 5929
	  	 (a) On the CAM Exchange Date, (i) the Commitments shall automatically and

	 5930
	  	without further act be terminated as provided in Article VII and (ii) the Lenders shall automatically and
	 5931
	  	without further act (and without regard to the provisions of Section 10.04) be deemed to have exchanged
	 5932
	  	interests in the Credit Facilities such that in lieu of the interest of each Lender in each Credit Facility in
	 5933
	  	which it shall participate as of such date (including such Lender’s interest in the Specified Obligations of
	 5934
	  	each Loan Party in respect of each such Credit Facility), such Lender shall hold an interest in every one of
	 5935
	  	the Credit Facilities (including the Specified Obligations of each Loan Party in respect of each such
	 5936
	  	Credit Facility and each LC Reserve Account established pursuant to Section 9.02 below), whether or not
	 5937
	  	such Lender shall previously have participated therein, equal to such Lender’s CAM Percentage thereof.
	 5938
	  	Each Lender and each Loan Party hereby consents and agrees to the CAM Exchange, and each Lender
	 5939
	  	agrees that the CAM Exchange shall be binding upon its successors and assigns and any person that
	 5940
	  	acquires a participation in its interests in any Credit Facility.
		
	 5941
	  	 (b) As a result of the CAM Exchange, upon and after the CAM Exchange Date, each

	 5942
	  	payment received by the Administrative Agent or the Collateral Agent pursuant to any Loan Document in
	 5943
	  	respect of the Specified Obligations, and each distribution made by the Collateral Agent pursuant to any
	 5944
	  	Security Documents in respect of the Specified Obligations, shall be distributed to the Lenders pro rata in
	 5945
	  	accordance with their respective CAM Percentages. Any direct payment received by a Lender upon or
	 5946
	  	after the CAM Exchange Date, including by way of setoff, in respect of a Specified Obligation shall be
	 5947
	  	paid over to the Administrative Agent for distribution to the Lenders in accordance herewith.
		
	 5948
	  	 SECTION 9.02 Letters of Credit.

		
	 5949
	  	 (a) In the event that on the CAM Exchange Date any Letter of Credit shall
be

	 5950
	  	outstanding and undrawn in whole or in part, or any amount drawn under a Letter of Credit shall not have
	 5951
	  	been reimbursed either by the Parent Borrower or any Foreign Subsidiary Borrower, as the case may be,
	 5952
	  	or with the proceeds of a Revolving Loan, each Revolving Lender shall promptly pay over to the
	 5953
	  	Administrative Agent, in immediately available funds and in dollars, an amount equal to such Revolving
	 5954
	  	Lender’s Applicable Percentage (as notified to such Lender by the Administrative Agent) of such Letter
	 5955
	  	of Credit’s undrawn face amount (or, in the case of any Letter of Credit denominated in a currency other

  
 -134- 

			
	 5956
	  	than dollars, the Dollar Equivalent thereof) or (to the extent it has not already done so) such Letter of
	 5957
	  	Credit’s unreimbursed drawing (or, in the case of any Letter of Credit denominated in a currency other
	 5958
	  	than dollars, the Dollar Equivalent thereof), together with interest thereon from the CAM Exchange Date
	 5959
	  	to the date on which such amount shall be paid to the Administrative Agent at the rate that would be
	 5960
	  	applicable at the time to an ABR Revolving Loan in a principal amount equal to such amount, as the case
	 5961
	  	may be. The Administrative Agent shall establish a separate account or accounts for each Revolving
	 5962
	  	Lender (each, an “LC Reserve Account”) for the amounts received with respect to each such Letter of
	 5963
	  	Credit pursuant to the preceding sentence. The Administrative Agent shall deposit in each Revolving
	 5964
	  	Lender’s LC Reserve Account such Lender’s CAM Percentage of the amounts received from the
	 5965
	  	Revolving Lenders as provided above. The Administrative Agent shall have sole dominion and control
	 5966
	  	over each LC Reserve Account, and the amounts deposited in each LC Reserve Account shall be held in
	 5967
	  	such LC Reserve Account until withdrawn as provided in paragraph (b), (c), (d) or (e) below. The
	 5968
	  	Administrative Agent shall maintain records enabling it to determine the amounts paid over to it and
	 5969
	  	deposited in the LC Reserve Accounts in respect of each Letter of Credit and the amounts on deposit in
	 5970
	  	respect of each Letter of Credit attributable to each Lender’s CAM Percentage. The amounts held in each
	 5971
	  	Lender’s LC Reserve Account shall be held as a reserve against the LC Exposure, shall be the property of
	 5972
	  	such Lender, shall not constitute Loans to or give rise to any claim of or against any Loan Party and shall
	 5973
	  	not give rise to any obligation on the part of the Parent Borrower or the Foreign Subsidiary Borrowers to
	 5974
	  	pay interest to such Lender, it being agreed that the reimbursement obligations in respect of Letters of
	 5975
	  	Credit shall arise only at such times as drawings are made thereunder, as provided in Section 2.05.
		
	 5976
	  	 (b) In the event that after the CAM Exchange Date any drawing shall be made in

	 5977
	  	respect of a Letter of Credit, the Administrative Agent shall, at the request of the Issuing Bank, withdraw
	 5978
	  	from the LC Reserve Account of each Revolving Lender any amounts, up to the amount of such Lender’s
	 5979
	  	CAM Percentage of such drawing (or in the case of any drawing under a Letter of Credit denominated in
	 5980
	  	a currency other than dollars, the Dollar Equivalent of such drawing), deposited in respect of such Letter
	 5981
	  	of Credit and remaining on deposit and deliver such amounts to the Issuing Bank in satisfaction of the
	 5982
	  	reimbursement obligations of the Revolving Lenders under Section 2.05(e) (but not of the Parent
	 5983
	  	 Borrower and the Foreign Subsidiary Borrowers under Section 2.05(f), respectively).
In the event any 

	 5984
	  	Revolving Lender shall default on its obligation to pay over any amount to the Administrative Agent in
	 5985
	  	respect of any Letter of Credit as provided in this Section 9.02, the Issuing Bank shall, in the event of a
	 5986
	  	drawing thereunder, have a claim against such Revolving Lender to the same extent as if such Lender had
	 5987
	  	defaulted on its obligations under Section 2.05(e), but shall have no claim against any other Lender in
	 5988
	  	respect of such defaulted amount, notwithstanding the exchange of interests in the reimbursement
	 5989
	  	obligations pursuant to Section 9.01. Each other Lender shall have a claim against such defaulting
	 5990
	  	Revolving Lender for any damages sustained by it as a result of such default, including, in the event such
	 5991
	  	Letter of Credit shall expire undrawn, its CAM Percentage of the defaulted amount.
		
	 5992
	  	 (c) In the event that after the CAM Exchange Date any Letter of Credit shall expire

	 5993
	  	undrawn, the Administrative Agent shall withdraw from the LC Reserve Account of each Revolving
	 5994
	  	Lender the amount remaining on deposit therein in respect of such Letter of Credit and distribute such
	 5995
	  	amount to such Lender.
		
	 5996
	  	 (d) With the prior written approval of the Administrative Agent and the Issuing

	 5997
	  	Bank, any Revolving Lender may withdraw the amount held in its LC Reserve Account in respect of the
	 5998
	  	undrawn amount of any Letter of Credit. Any Revolving Lender making such a withdrawal shall be
	 5999
	  	unconditionally obligated, in the event there shall subsequently be a drawing under such Letter of Credit,
	 6000
	  	to pay over to the Administrative Agent, for the account of the Issuing Bank on demand, its CAM
	 6001
	  	Percentage of such drawing.

  
 -135- 

			
	 6002
	  	 (e) Pending the withdrawal by any Revolving Lender of any amounts from its
LC

	 6003
	  	Reserve Account as contemplated by the above paragraphs, the Administrative Agent will, at the direction
	 6004
	  	of such Lender and subject to such rules as the Administrative Agent may prescribe for the avoidance of
	 6005
	  	inconvenience, invest such amounts in Permitted Investments. Each Revolving Lender that has not
	 6006
	  	withdrawn its CAM Percentage of amounts in its LC Reserve Account as provided in paragraph (d) above
	 6007
	  	shall have the right, at intervals reasonably specified by the Administrative Agent, to withdraw the
	 6008
	  	earnings on investments so made by the Administrative Agent with amounts in its LC Reserve Account
	 6009
	  	and to retain such earnings for its own account.
		
	 6010
	  	ARTICLE X
	 6011
	  	
	 6012
	  	Miscellaneous
		
	 6013
	  	 SECTION 10.01 Notices. Except in the case of notices and other communications

	 6014
	  	 expressly permitted to be given by telephone, all notices and other communications provided for
herein

	 6015
	  	 shall be in writing and shall be delivered by hand or overnight courier service, mailed by
certified or

	 6016
	  	 registered mail or sent by telecopy, as follows:

		
	 6017
	  	 (a) if to Holdings, the Parent Borrower, any Subsidiary Term Borrower or
any

	 6018
	  	 Foreign Subsidiary Borrower, to the Parent Borrower (on behalf of itself, Holdings, any 

	 6019
	  	 Subsidiary Term Borrower and any Foreign Subsidiary Borrower) at 3940038505
Woodward

	 6020
	  	 Avenue, Suite 130200, Bloomfield Hills, MIMichigan 48304, Attention of
Joshua Sherbin,

	 6021
	  	 General Counsel (Telephone No. (248) 631-5450, Telecopy No. (248) 631-5413),

		
	 6022
	  	 with a copy to: 

	 6023
	  	
	 6024
	  	 Jonathan A. SchaffzinKimberly C. Petillo-Décossard,, Esq.

	 6025
	  	 Cahill Gordon & Reindel LLP

	 6026
	  	 80 Pine Street

	 6027
	  	 New York, New York 10005

	 6028
	  	 (Telecopy No. (212) 378-2329);

		
	 6029
	  	 (b) if to the Administrative Agent, to JPMorgan Chase Bank, N.A., 10 South

	 6030
	  	 Dearborn, Floor 7L2, Chicago, Illinois 60603 Attention of Joyce King
(Dartonya Jackson (Email: 

	 6031
	  	 jpm.agency.cri@jpmorgan.com, Telecopy:
888-292-9533, Telephone: 312-385732-70257032);

		
	 6032
	  	 (c) if to the Foreign Currency Agent, to it at J.P. Morgan Europe Limited, 25 Bank

	 6033
	  	 Street, Canary Wharf, London E14 5JP, Attention of The Manager, Loan & Agency Services

	 6034
	  	 (Telecopy:
44-207-777-2360, Email: loan_and_agency_london@jpmorgan.com);

		
	 6035
	  	 (d) if to JPMCB, as an Issuing Bank, to it at JPMorgan Chase Bank, N.A., 10
South

	 6036
	  	 Dearborn Street, Floor L2, Chicago, Illinois 60603 (Telecopy: 888-303-9732; Telephone: 312-

	 6037
	  	 732-7982), Attention of Susan Thomas, and in the event that there is more than one Issuing
Bank,

	 6038
	  	 to such other Issuing Bank at its address (or telecopy number) set forth in its
Administrative

	 6039
	  	 QuestionnaireIL 6060 (Fax: 214-307-6874; Email:

	 6040
	  	 Chicago.LC.Agency.Activity.Team@JPMChase.com), Attention of Chicago LC Agency Activity 

	 6041
	  	 Team, and;

		
	 6042
	  	 (e) if to JPMCB, as a Swingline Lender, to it at JPMorgan Chase Bank, N.A., 10

	 6043
	  	 South Dearborn, Floor 7L2, Chicago, Illinois 60603, Attention of Joyce
King (Dartonya Jackson 

  
 -136- 

			
		
	 6044
	  	 (Email: jpm.agency.cri@jpmorgan.com, Telecopy:
888-292-9533, Telephone: 312-385732-

	 6045
	  	 70257032); and

		
	 6046
	  	 (f) if to any other Lender, Swingline Lender or Issuing Bank, to it at its address (or

	 6047
	  	 telecopy number) set forth in its Administrative Questionnaire.

		
	 6048
	  	 Any party hereto may change its address or telecopy number for notices and other

	 6049
	  	 communications hereunder by notice to the other parties hereto. All notices and other
communications

	 6050
	  	 given to any party hereto in accordance with the provisions of this Agreement shall be deemed to
have

	 6051
	  	 been given on the date of receipt.

		
	 6052
	  	 SECTION 10.02 Waivers; Amendments.

		
	 6053
	  	 (a) No failure or delay by the Administrative Agent, the Issuing Bank or any Lender

	 6054
	  	 in exercising any right or power hereunder or under any other Loan Document shall operate as a
waiver

	 6055
	  	 thereof, nor shall any single or partial exercise of any such right or power, or any abandonment
or

	 6056
	  	 discontinuance of steps to enforce such a right or power, preclude any other or further exercise
thereof or

	 6057
	  	 the exercise of any other right or power. The rights and remedies of the Administrative Agent, the
Issuing

	 6058
	  	 Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are
not

	 6059
	  	 exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of
any

	 6060
	  	 Loan Document or consent to any departure by any Loan Party therefrom shall in any event be
effective

	 6061
	  	 unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or
consent shall

	 6062
	  	 be effective only in the specific instance and for the purpose for which given. Without limiting
the

	 6063
	  	 generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be
construed

	 6064
	  	 as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or the
Issuing

	 6065
	  	 Bank may have had notice or knowledge of such Default at the time.

		
	 6066
	  	 (b) Except as provided in Section 2.14, Section 2.20 and Section 2.21, neither this

	 6067
	  	 Agreement nor any other Loan Document nor any provision hereof or thereof may be waived, amended
or

	 6068
	  	 modified except, in the case of this Agreement, pursuant to an agreement or agreements in writing
entered

	 6069
	  	 into by Holdings, the Parent Borrower, each Subsidiary Term Borrower (but only to the
extent such 

	 6070
	  	waiver, amendment or modification relates to such Subsidiary Term Borrower), each Foreign Subsidiary
	 6071
	  	 Borrower (but only to the extent such waiver, amendment or modification relates to such
Foreign

	 6072
	  	 Subsidiary Borrower) and the Required Lenders or, in the case of any other Loan Document, pursuant
to

	 6073
	  	 an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party
or

	 6074
	  	 Loan Parties that are parties thereto, in each case with the written consent of the Required
Lenders;

	 6075
	  	 provided that no such agreement shall (i) increase the Commitment of any Lender
without the written

	 6076
	  	 consent of such Lender, (ii) reduce the principal amount of any Loan or LC Disbursement or
reduce the

	 6077
	  	 rate of interest thereon, or reduce any fees or other amounts payable hereunder, without the
written

	 6078
	  	 consent of each Lender affected thereby, (iii) postpone the maturity of any Loan, or
any scheduled date of 

	 6079
	  	payment of the principal amount of any Term Loan under Section 2.10, or the required date of
	 6080
	  	 reimbursement of any LC Disbursement, or any date for the payment of any interest, fees or
other

	 6081
	  	 amounts payable hereunder, or reduce or forgive the amount of, waive or excuse any such payment,
or

	 6082
	  	 postpone the scheduled date of expiration of any Commitment or postpone the scheduled date
of

	 6083
	  	 expiration of any Letter of Credit beyond the Revolving Maturity Date, without the written consent
of

	 6084
	  	 each Lender affected thereby, (iv) change Section 2.18(a), (b) or (c) in a manner
that would alter the pro

	 6085
	  	 rata sharing of payments required thereby, without the written consent of each Lender,
(v) change the

	 6086
	  	 definition of “Required Lenders” or any other provision of any Loan Document
(including this Section)

	 6087
	  	 specifying the number or percentage of Lenders (or Lenders of any Class) required to waive, amend
or

	 6088
	  	 modify any rights thereunder or make any determination or grant any consent thereunder, without
the

  
 -137- 

			
	 6089
	  	 written consent of each Lender (or each Lender of such Class, as the case may be), (vi) release
Holdings

	 6090
	  	 or any Subsidiary Loan Party from its Guarantee under the Guarantee Agreement (except as
expressly

	 6091
	  	 provided in the Guarantee Agreement), or limit its liability in respect of such Guarantee, without
the

	 6092
	  	 written consent of each Lender, (vii) release all or substantially all of the Collateral from
the Liens of the

	 6093
	  	 Security Documents, without the written consent of each Lender (except as expressly provided in
the

	 6094
	  	 Security Documents), (viii) change the order of priority of payments set forth in
Section 5.02 of the

	 6095
	  	 Security Agreement or Section 7 of the Pledge Agreement, in each case without the written
consent of

	 6096
	  	 each Lender, (ix) change any provisionsprovision of any Loan Document
in a manner that by its terms

	 6097
	  	 adversely affects the rights in respect of payments due to Lenders holding Loans of any
Class differently

	 6098
	  	 than those holdingholdings Loans of any other Class, without the written
consent of Lenders holding a

	 6099
	  	 majority in interest of the outstanding Loans and unused Commitments of each affected
Class or (x)

	 6100
	  	 require any Lender to make any extension of credit hereunder in a currency other than dollars or
another

	 6101
	  	 currency agreed by such Lender as a currency in which such Lender will make extensions of
credit

	 6102
	  	 available hereunder, without the written consent of such Lender; provided, further,
that (A) no such

	 6103
	  	 agreement shall amend, modify or otherwise affect the rights or duties of the Administrative
Agent, the

	 6104
	  	 Foreign Currency Agent, the Fronting Lender, the Issuing Bank or the Swingline Lenders without
the

	 6105
	  	 prior written consent of the Administrative Agent, the Foreign Currency Agent, the Fronting
Lender, the

	 6106
	  	 Issuing Bank or the Swingline Lenders, as the case may be, and (B) any
waiver, amendment or

	 6107
	  	 modification of this Agreement that by its terms affects the rights or duties under this Agreement
of the

	 6108
	  	 Lenders of a particular Class (but not the Lenders of any other Class) may be effected by an
agreement or

	 6109
	  	 agreements in writing entered into by Holdings, the Parent Borrower, each Subsidiary Term
Borrower 

	 6110
	  	(but only to the extent such waiver, amendment or modification relates to such Subsidiary Term
	 6111
	  	Borrower), each Foreign Subsidiary Borrower (but only to the extent such waiver, amendment or
	 6112
	  	 modification relates to such Foreign Subsidiary Borrower) and requisite percentage in interest of
the

	 6113
	  	 affected Class of Lenders that would be required to consent thereto under this Section if
such Class of

	 6114
	  	 Lenders were the only Class of Lenders hereunder at the time. Notwithstanding the foregoing,
any

	 6115
	  	 provision of this Agreement may be amended by an agreement in writing entered into by Holdings,
the

	 6116
	  	 Parent Borrower, each Subsidiary Term Borrower (but only to the extent such waiver,
amendment or 

	 6117
	  	modification relates to such Subsidiary Term Borrower), each Foreign Subsidiary Borrower (but only to
	 6118
	  	 the extent such waiver, amendment or modification relates to such Foreign Subsidiary Borrower),
the

	 6119
	  	 Required Lenders and the Administrative Agent (and, if their rights or obligations are affected
thereby,

	 6120
	  	 the Foreign Currency Agent, the Issuing Bank, the Fronting Lender and the Swingline Lenders) if
(i) by

	 6121
	  	 the terms of such agreement the Commitment of each Lender not consenting to the amendment
provided

	 6122
	  	 for therein shall terminate upon the effectiveness of such amendment and (ii) at the time
such amendment

	 6123
	  	 becomes effective, each Lender not consenting thereto receives payment in full of the principal of
and

	 6124
	  	 interest accrued on each Loan made by it and all other amounts owing to it or accrued for its
account

	 6125
	  	 under this Agreement.

		
	 6126
	  	 (c) In connection with any proposed amendment, modification, waiver or

	 6127
	  	 termination (a “Proposed Change”) requiring the consent of all Lenders or all
affected Lenders, if the

	 6128
	  	 consent of the Required Lenders (and, to the extent any Proposed Change requires the consent of
Lenders

	 6129
	  	 holding Loans of any Class pursuant to clause (v) or (viiiix) of
paragraph (b) of this Section, the consent

	 6130
	  	 of at least 50% in interest of the outstanding Loans and unused Commitments of such Class) to
such

	 6131
	  	 Proposed Change is obtained, but the consent to such Proposed Change of other Lenders whose
consent is

	 6132
	  	 required is not obtained (any such Lender whose consent is not obtained as described in paragraph
(b) of

	 6133
	  	 this Section being referred to as a
“Non-Consenting Lender”), then, so long as the Lender that is acting as

	 6134
	  	 Administrative Agent is not a Non-Consenting Lender, the
Parent Borrower may, at its sole expense and

	 6135
	  	 effort, upon notice to such Non-Consenting Lender and the
Administrative Agent, require such Non-

	 6136
	  	 Consenting Lender to assign and delegate, without recourse (in accordance with and subject to
the

	 6137
	  	 restrictions contained in Section 10.04), all its interests, rights and obligations under
this Agreement to an

  
 -138- 

			
	 6138
	  	 assignee that shall assume such obligations (which assignee may be another Lender, if a Lender
accepts

	 6139
	  	 such assignment), provided that (a) the Parent Borrower shall have received the prior written
consent of

	 6140
	  	 the Administrative Agent (and, if a Revolving Commitment is being assigned, the
Foreign Currency

	 6141
	  	 Agent, the Fronting Lender, the Issuing Bank and the Swingline Lenders), which
consent shall not be

	 6142
	  	 unreasonably withheld, (b) such Non-Consenting Lender
shall have received payment of an amount equal

	 6143
	  	 to the outstanding principal of its Loans and participations in LC Disbursements, Swingline Loans
and

	 6144
	  	 Foreign Currency Loans, accrued interest thereon, accrued fees and all other amounts payable to
it

	 6145
	  	 hereunder from the assignee (to the extent of such outstanding principal and accrued interest and
fees) or

	 6146
	  	 the Parent Borrower (in the case of all other amounts), (c) the Parent Borrower or such assignee
shall

	 6147
	  	 have paid to the Administrative Agent the processing and recordation fee specified in
Section 10.04(b),

	 6148
	  	 (d) such assignee shall consent to such Proposed Change and (e) if such Non-Consenting Lender is acting

	 6149
	  	 as the Administrative Agent, it will not be required to assign and delegate its interests, rights
and

	 6150
	  	 obligations as Administrative Agent under this Agreement.

		
	 6151
	  	 (d) Notwithstanding the foregoing, (i) the Administrative Agent and the Parent 

	 6152
	  	 Borrower may amend, modify or supplement any Loan Document without the consent of any Lender
or

	 6153
	  	 the Required Lenders in order to correct, amend or cure any ambiguity, inconsistency or defect or
correct

	 6154
	  	 any typographical error or other manifest error in any Loan Document, (ii) this Agreement may
be

	 6155
	  	 amended (x) with the written consent of the Administrative Agent,
the Parent Borrower and the Lenders 

	 6156
	  	 providing the relevant Replacement Term Loans (as defined below) to permit the
refinancing,

	 6157
	  	 replacement or modification of all or any portion of the outstanding Term Loans or
Incremental Term

	 6158
	  	 Loans (such Loans, the “Replaced Term
Loans”) with a replacement term loan hereunder (“Replacement

	 6159
	  	 Term Loans”); provided, that (a) the aggregate principal
amount of such Replacement Term Loans shall

	 6160
	  	 not exceed the aggregate principal amount of such Replaced Term Loans
(plus unpaid accrued interest

	 6161
	  	 and premium thereon at such time plus reasonable fees and expenses incurred in connection
with such

	 6162
	  	 replacement), (b) the terms of the Replacement Term Loans (1) (excluding pricing, fees and
rate floors

	 6163
	  	 and optional prepayment or redemption terms and subject to clause (2) below) reflect, in
Parent

	 6164
	  	 Borrower’s reasonable judgment, then-existing market terms and conditions and (2)
(excluding pricing,

	 6165
	  	 fees and rate floors) are no more favorable to the lenders providing such Replacement Term
Loans than

	 6166
	  	 those applicable to the Replaced Term Loans (in each case, including with respect to
mandatory and

	 6167
	  	 optional prepayments); provided
that the foregoing shall not apply to covenants or other provisions

	 6168
	  	 applicable only to periods after the Latest Maturity Date in effect immediately prior to
the establishment

	 6169
	  	 of such Replacement Term Loans; provided
further that any Replacement Term Loans may add additional

	 6170
	  	 covenants or events of default not otherwise applicable to the Replaced Term Loans or
covenants more

	 6171
	  	 restrictive than the covenants applicable to the Replaced Term Loans, in each case prior
to the Latest

	 6172
	  	 Maturity Date in effect immediately prior to the establishment of such Replacement Term
Loans so long

	 6173
	  	 as all Lenders receive the benefits of such additional covenants, events of default or
more restrictive

	 6174
	  	 covenants, (c) the weighted average life to maturity of any Replacement Term Loans shall
be no shorter

	 6175
	  	 than the remaining weighted average life to maturity of the Replaced Terms Loans, (d) the
maturity date

	 6176
	  	 with respect to any Replacement Term Loans shall be no earlier than the maturity date with
respect to the

	 6177
	  	 Replaced Term Loans, (e) no Subsidiary that is not originally obligated with respect to
repayment of the

	 6178
	  	 Replaced Term Loans is obligated with respect to the Replacement Term Loans, unless such
Subsidiary

	 6179
	  	 becomes obligated on a pari passu basis in respect of any other then outstanding Loans
and

	 6180
	  	 Commitments, and (f) any Person that the Parent Borrower proposes to become a lender in
respect of the

	 6181
	  	 Replacement Term Loans, if such Person is not then a Lender, must be reasonably acceptable
to the

	 6182
	  	 Administrative Agent and (y) withwith the written consent of the
Administrative Agent, the Parent

	 6183
	  	 Borrower and the Lenders providing the relevant Replacement Revolving Facility (as defined below)
to

	 6184
	  	 permit the refinancing, replacement or modification of all or any portion of the Revolving
Commitments

	 6185
	  	 and Revolving Loans (a “Replaced Revolving Facility”) with a replacement
revolving facility hereunder

	 6186
	  	 (a “Replacement Revolving Facility”); provided that (a) the aggregate
amount of such Replacement

  
 -139- 

			
	 6187
	  	 Revolving Facility shall not exceed the aggregate amount of such Replaced Revolving Facility
plus

	 6188
	  	 unpaid accrued interest and premium thereon at such time plus reasonable fees and expenses
incurred in

	 6189
	  	 connection with such replacement), (b) the terms of the Replacement Revolving Facility (1)
(excluding

	 6190
	  	 pricing, fees and rate floors and optional prepayment or redemption terms and subject to clause
(2) below)

	 6191
	  	 reflect, in Parent Borrower’s reasonable judgment, then-existing market terms and conditions
and (2)

	 6192
	  	 (excluding pricing, fees and rate floors) are no more favorable to the lenders providing such
Replacement

	 6193
	  	 Revolving Facility than those applicable to the Replaced Revolving Facility (in each case,
including with

	 6194
	  	 respect to mandatory and optional prepayments); provided that the foregoing shall not apply
to covenants

	 6195
	  	 or other provisions applicable only to periods after the Latest Maturity Date in effect
immediately prior to

	 6196
	  	 the establishment of such Replacement Revolving Facility; provided further that any
Replacement

	 6197
	  	 Revolving Facility may add additional covenants or events of default not otherwise applicable to
the

	 6198
	  	 Replaced Revolving Facility or covenants more restrictive than the covenants applicable to the
Replaced

	 6199
	  	 Revolving Facility, in each case prior to the Latest Maturity Date in effect immediately prior to
the

	 6200
	  	 establishment of such Replacement Revolving Facility so long as all Lenders receive the benefits
of such

	 6201
	  	 additional covenants, events of default or more restrictive covenants, (c) the maturity date
with respect to

	 6202
	  	 any Replacement Revolving Facility shall be no earlier than the maturity date with respect to
the

	 6203
	  	 Replaced Revolving Facility, (d) no Subsidiary that is not originally obligated with respect
to repayment

	 6204
	  	 of the Replaced Revolving Facility is obligated with respect to the Replacement Revolving
Facility,

	 6205
	  	 unless such Subsidiary becomes obligated on a pari passu basis in respect of any other then
outstanding

	 6206
	  	 Loans and Commitments, and (e) any Person that the Parent Borrower proposes to become a
lender in

	 6207
	  	 respect of the Replacement Revolving Facility, if such Person is not then a Lender, must be
reasonably

	 6208
	  	 acceptable to the Administrative Agent, the Foreign Currency Agent, the Fronting Lender, the
Issuing

	 6209
	  	 Banks and the Swingline Lenders. Notwithstanding the foregoing, in no event shall there be more
than

	 6210
	  	seventhree maturity dates in respect of the Credit FacilitiesRevolving Commitments (including any
	 6211
	  	 Extended Term Loans, Extended Revolving Commitments, Replacement Term
Loans or Replacement

	 6212
	  	 Revolving Facilities) and (iii) the Administrative Agent, the Parent Borrower and any
financial institution

	 6213
	  	 may, without the consent of any other Lender or the Required Lenders, agree to designate such
financial

	 6214
	  	 institution as an additional Swingline Lender and, upon such designation in writing, such
additional

	 6215
	  	 financial institutions shall become a Swingline Lender under this Agreement and be subject to all
rights,

	 6216
	  	 duties and obligations of a Swingline Lender.

		
	 6217
	  	 SECTION 10.03 Expenses; Indemnity; Damage Waiver.

		
	 6218
	  	 (a) Holdings, the Parent Borrower, each Subsidiary Term Borrower and each

	 6219
	  	 Foreign Subsidiary Borrower, jointly and severally, shall pay (i) all reasonable out-of-pocket expenses

	 6220
	  	 incurred by the Agents and their Affiliates, including the reasonable fees, charges and
disbursements of

	 6221
	  	 one counsel in each applicable jurisdiction for each of the Agents, in connection with the
syndication of

	 6222
	  	 the credit facilities provided for herein, due diligence investigation, the preparation and
administration of

	 6223
	  	 the Loan Documents or any amendments, modifications or waivers of the provisions thereof (whether
or

	 6224
	  	 not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out
of-

	 6225
	  	 pocket expenses incurred by the Issuing Bank in connection with the issuance, amendment, renewal
or

	 6226
	  	 extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket

	 6227
	  	 expenses incurred by the Agents, the Issuing Bank or any Lender, including the fees, charges
and

	 6228
	  	 disbursements of any counsel for the Agents, the Issuing Bank or any Lender, in connection with
the

	 6229
	  	 enforcement or protection of its rights in connection with the Loan Documents, including its
rights under

	 6230
	  	 this Section, or in connection with the Loans made or Letters of Credit issued hereunder,
including all

	 6231
	  	 such out-of pocketout-of-pocket expenses incurred during any workout, restructuring or negotiations in

	 6232
	  	 respect of such Loans or Letters of Credit.

  
 -140- 

			
		
	 6233
	  	 (b) Holdings, the Parent Borrower, each Subsidiary Term Borrower and each

	 6234
	  	 Foreign Subsidiary Borrower, jointly and severally, shall indemnify the Agents, the Issuing Bank
and

	 6235
	  	 each Lender, and each Related Party of any of the foregoing Persons (each such Person being called
an

	 6236
	  	 “Indemnitee”) against, and hold each Indemnitee harmless from, any and all
losses, claims, damages,

	 6237
	  	 liabilities and related expenses (including as a result of any conversion of amounts outstanding
hereunder

	 6238
	  	 from one currency to another currency as provided hereunder), including the fees, charges
and

	 6239
	  	 disbursements of any counsel for any Indemnitee, incurred by or asserted against any Indemnitee
arising

	 6240
	  	 out of, in connection with, or as a result of (i) the execution or delivery of any Loan
Document or any

	 6241
	  	 other agreement or instrument contemplated hereby, the performance by the parties to the
Loan

	 6242
	  	 Documents of their respective obligations thereunder or the consummation of the Transactions or
any

	 6243
	  	 other transactions contemplated hereby, (ii) any Loan or Letter of Credit or the use of the
proceeds

	 6244
	  	 therefrom (including any refusal by the Issuing Bank to honor a demand for payment under a Letter
of

	 6245
	  	 Credit if the documents presented in connection with such demand do not strictly comply with the
terms

	 6246
	  	 of such Letter of Credit), (iii) any actual or alleged presence or Release of Hazardous Materials
on or

	 6247
	  	 from any Mortgaged Property or any other property currently or formerly owned or operated by
Holdings,

	 6248
	  	 the Parent Borrower or any Subsidiary, or any Environmental Liability related in any way to
Holdings,

	 6249
	  	 the Parent Borrower or any Subsidiary, or (iv) any actual or prospective claim, litigation,
investigation or

	 6250
	  	 proceeding relating to any of the foregoing, whether based on contract, tort or any other theory
and

	 6251
	  	 regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall
not, as to any

	 6252
	  	 Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related
expenses are

	 6253
	  	 determined by a court of competent jurisdiction by final and nonappealable judgment to have
resulted

	 6254
	  	 from the gross negligence, bad faith or willful misconduct of such Indemnitee. No Indemnitee
referred to

	 6255
	  	 above shall be liable for any damages arising from the use by unintended recipients of any
information or

	 6256
	  	 other materials distributed by it through telecommunications, electronic or other information
transmission

	 6257
	  	 systems in connection with this Agreement or the other Loan Documents or the transactions
contemplated

	 6258
	  	 hereby or thereby other than for direct or actual damages resulting from the gross negligence or
willful

	 6259
	  	 misconduct of such Indemnitee as determined by a final and nonappealable judgment. This
Section

	 6260
	  	 10.03(b) shall not apply with respect to Taxes other than any Taxes that represent losses or
damages

	 6261
	  	 arising from any non-Tax claim.

		
	 6262
	  	 (c) To the extent that any of Holdings, the Parent Borrower, any of the Subsidiary 

	 6263
	  	Term Borrowers or any of the Foreign Subsidiary Borrowers fails to pay any amount required to be paid
	 6264
	  	 by it to the Administrative Agent, the Foreign Currency Agent, the Fronting Lender, the Issuing
Bank or

	 6265
	  	 the Swingline Lenders under paragraph (a) or (b) of this Section (and without limiting such
party’s

	 6266
	  	 obligation to do so), each Lender severally agrees to pay to the Administrative Agent, the
Foreign

	 6267
	  	 Currency Agent, the Fronting Lender, the Issuing Bank or the Swingline Lenders, as the case may
be,

	 6268
	  	 such Lender’s pro rata share (determined as of the time that the applicable unreimbursed
expense or

	 6269
	  	 indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense
or

	 6270
	  	 indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by
or

	 6271
	  	 asserted against the Administrative Agent, the Foreign Currency Agent, the Fronting Lender, the
Issuing

	 6272
	  	 Bank or any Swingline Lender in its capacity as such;
provided further that to the extent indemnification

	 6273
	  	of (i) the Issuing Bank in respect of a Letter of Credit, (ii) the Fronting Lender or (iii) the Swingline
	 6274
	  	Lenders is required pursuant to this Section 10.03(c), such obligation will be limited to Revolving
	 6275
	  	Lenders only. For purposes hereof, a Lender’s “pro rata share” shall be determined based upon its share
	 6276
	  	 of the sum of the total Revolving Exposures, outstanding Term Loans and unused
Commitments at the

	 6277
	  	 time.

		
	 6278
	  	 (d) To the extent permitted by applicable law, none of Holdings, the Parent

	 6279
	  	 Borrower, any Subsidiary Term Borrower or any Foreign Subsidiary Borrower shall
assert, and each

	 6280
	  	 hereby waives, any claim against any Indemnitee, on any theory of liability, for special,
indirect,

  
 -141- 

			
	 6281
	  	 consequential or punitive damages (as opposed to direct or actual damages) arising out of, in
connection

	 6282
	  	 with, or as a result of, this Agreement or any agreement or instrument contemplated hereby,
the

	 6283
	  	 Transactions, any Loan or Letter of Credit or the use of the proceeds thereof.

		
	 6284
	  	 (e) All amounts due under this Section shall be payable promptly after written

	 6285
	  	 demand therefor.

		
	 6286
	  	 (f) No director, officer, employee, stockholder or member, as such, of any Loan

	 6287
	  	 Party shall have any liability for the Obligations or for any claim based on, in respect of or by
reason of

	 6288
	  	 the Obligations or their creation; provided that the foregoing shall not be construed to
relieve any Loan

	 6289
	  	 Party of its Obligations under any Loan Document.

		
	 6290
	  	 (g) For the avoidance of doubt, this Section 9.3 shall not apply to any Taxes, except

	 6291
	  	 to the extent any Taxes that represent losses, claims, damages or liabilities arising from any non-Tax

	 6292
	  	 claim.

		
	 6293
	  	 SECTION 10.04 Successors and Assigns.

		
	 6294
	  	 (a) The provisions of this Agreement shall be binding upon and inure to the benefit

	 6295
	  	 of the parties hereto and their respective successors and assigns permitted hereby (including any
Affiliate

	 6296
	  	 of the Issuing Bank that issues any Letter of Credit), except that, subject to
Section 10.15(g) (and other

	 6297
	  	 than as contemplated by Section 2.26), none of Holdings, the Parent Borrower, any
Subsidiary Term 

	 6298
	  	Borrower or any Foreign Subsidiary Borrower may assign or otherwise transfer any of its rights or
	 6299
	  	 obligations hereunder without the prior written consent of each Lender (and any attempted
assignment or

	 6300
	  	 transfer by Holdings, the Parent Borrower, any Subsidiary Term Borrower or any
Foreign Subsidiary

	 6301
	  	 Borrower without such consent shall be null and void). Nothing in this Agreement, expressed or
implied,

	 6302
	  	 shall be construed to confer upon any Person (other than the parties hereto, their respective
successors and

	 6303
	  	 assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of
Credit) and,

	 6304
	  	 to the extent expressly contemplated hereby, the Related Parties of each of the Administrative
Agent, the

	 6305
	  	 Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under or by reason of
this

	 6306
	  	 Agreement.

		
	 6307
	  	 (b) Any Lender may assign to one or more assignees (other than a natural person) all

	 6308
	  	 or a portion of its rights and obligations under this Agreement (including all or a portion of
its

	 6309
	  	 Commitments and the Loans at the time owing to it); provided that (i) except in the
case of an assignment

	 6310
	  	 to a Lender, a Lender Affiliate or an Approved Fund, each of the Parent Borrower and the
Administrative

	 6311
	  	 Agent (and, in the case of an assignment of all or a portion of a Revolving Commitment or
any Lender’s 

	 6312
	  	obligations in respect of its LC Exposure, Swingline Exposure or Foreign Currency Participating Interest,
	 6313
	  	 the Issuing Bank, the Swingline Lenders and the Fronting Lender) must give their
prior written consent to

	 6314
	  	 such assignment (which consent shall not be unreasonably withheld or delayed) (provided
that the Parent

	 6315
	  	 Borrower shall be deemed to have consented to any assignment of Loans or Commitments unless it
shall

	 6316
	  	 object thereto by written notice to the Administrative Agent within 10 Business Days after
having

	 6317
	  	 received notice thereof), (ii) no assignment of Revolving Loans or Revolving Commitments
or, except as 

	 6318
	  	provided in clause (h) of this Section, Term Loans or Term Commitments may be made to Holdings, the
	 6319
	  	 Parent Borrower, any Subsidiary Term Borrower, any Foreign Subsidiary Borrower or
any Affiliate of

	 6320
	  	 any of the foregoing, (iii) except in the case of an assignment to a Lender, a Lender
Affiliate or an

	 6321
	  	 Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s
Commitment

	 6322
	  	 or Loans, the amount of the Commitment or Loans of the assigning Lender subject to each
such

	 6323
	  	 assignment (determined as of the date the Assignment and Assumption with respect to such
assignment is

	 6324
	  	 delivered to the Administrative Agent) shall not be less than (x) in
the case of Revolving Commitments 

  
 -142- 

			
	 6325
	  	and Revolving Loans, $5,000,000, and (y) in the case of Term Loans, $1,000,000 unless each of the
	 6326
	  	 Parent Borrower and the Administrative Agent otherwise consent, (iv) each partial assignment
shall be

	 6327
	  	 made as an assignment of a proportionate part of all the assigning Lender’s rights and
obligations under

	 6328
	  	 this Agreement, except that this clause (iv) shall not be construed to prohibit the
assignment of a

	 6329
	  	 proportionate part of all the assigning Lender’s rights and obligations in respect of one
Class of

	 6330
	  	 Commitments or Loans, (v) the parties to each assignment shall execute and deliver to the
Administrative

	 6331
	  	 Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500 and
(vi)

	 6332
	  	 the assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an
Administrative

	 6333
	  	 Questionnaire; and provided, further, that any consent of the Parent Borrower
otherwise required under

	 6334
	  	 this paragraph shall not be required if an Event of Default under clauses (a), (h) or (i) of
Article VII has

	 6335
	  	 occurred and is continuing. Subject to acceptance and recording thereof pursuant to paragraph
(d) of this

	 6336
	  	 Section, from and after the effective date specified in each Assignment and Assumption the
assignee

	 6337
	  	 thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment
and

	 6338
	  	 Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning
Lender

	 6339
	  	 thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be
released

	 6340
	  	 from its obligations under this Agreement (and, in the case of an Assignment and Assumption
covering

	 6341
	  	 all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall
cease to be a

	 6342
	  	 party hereto but shall continue to be entitled to the benefits of Sections 2.15, 2.16, 2.17 and
10.03). Any

	 6343
	  	 assignment or transfer by a Lender of rights or obligations under this Agreement that does not
comply

	 6344
	  	 with this paragraph shall be treated for purposes of this Agreement as a sale by such Lender of
a

	 6345
	  	 participation in such rights and obligations in accordance with paragraph (e) of this
Section.

		
	 6346
	  	 (c) The Administrative Agent, acting for this purpose as an agent of the Parent

	 6347
	  	 Borrower, the Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers,
shall maintain at one of

	 6348
	  	 its offices in The City of New York a copy of each Assignment and Assumption delivered to it and
a

	 6349
	  	 register for the recordation of the names and addresses of the Lenders, and the Commitment of,
and

	 6350
	  	 principal amount of the Loans and LC Disbursements owing to, each Lender pursuant to the terms
hereof

	 6351
	  	 from time to time (the “Register”). The entries in the Register shall be
conclusive (absent manifest error),

	 6352
	  	 and Holdings, the Parent Borrower, the Subsidiary Term Borrowers, the Foreign
Subsidiary Borrowers,

	 6353
	  	 the Administrative Agent, the Issuing Bank and the Lenders shall treat each Person whose name
is

	 6354
	  	 recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this

	 6355
	  	 Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection
by the

	 6356
	  	 Parent Borrower, the Subsidiary Term Borrowers, the Foreign Subsidiary Borrowers,
the Issuing Bank

	 6357
	  	 and any Lender, at any reasonable time and from time to time upon reasonable prior
notice.

		
	 6358
	  	 (d) Upon its receipt of a duly completed Assignment and Assumption executed by an

	 6359
	  	 assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire
(unless the

	 6360
	  	 assignee shall already be a Lender hereunder), the processing and recordation fee referred to in
paragraph

	 6361
	  	 (b) of this Section and any written consent to such assignment required by paragraph (b) of
this Section,

	 6362
	  	 the Administrative Agent shall accept such Assignment and Assumption and record the
information

	 6363
	  	 contained therein in the Register. No assignment shall be effective for purposes of this Agreement
unless

	 6364
	  	 it has been recorded in the Register as provided in this paragraph.

		
	 6365
	  	 (e) Any Lender may, without the consent of the Parent Borrower, any Subsidiary 

	 6366
	  	Term Borrower or any Foreign Subsidiary Borrower, the Administrative Agent, the Issuing Bank or the
	 6367
	  	 Swingline Lenders, sell participations to one or more banks or other entities (a
“Participant”) in all or a

	 6368
	  	 portion of such Lender’s rights and obligations under this Agreement (including all or a
portion of its

	 6369
	  	 Commitment and the Loans); provided that (i) such Lender’s obligations under this
Agreement shall

	 6370
	  	 remain unchanged, (ii) such Lender shall remain solely responsible to the other parties
hereto for the

	 6371
	  	 performance of such obligations and (iii) Holdings, the Parent Borrower, the
Subsidiary Term Borrowers, 

  
 -143- 

			
	 6372
	  	the Foreign Subsidiary Borrowers, the Administrative Agent, the Issuing Bank and the other Lenders
	 6373
	  	 shall continue to deal solely and directly with such Lender in connection with such Lender’s
rights and

	 6374
	  	 obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells
such a

	 6375
	  	 participation shall provide that such Lender shall retain the sole right to enforce the Loan
Documents and

	 6376
	  	 to approve any amendment, modification or waiver of any provision of the Loan Documents;
provided

	 6377
	  	 that such agreement or instrument may provide that such Lender will not, without the consent of
the

	 6378
	  	 Participant, agree to any amendment, modification or waiver described in the first proviso to
Section

	 6379
	  	 10.02(b) that affects such Participant. Subject to paragraph (f) of this Section, the Parent
Borrower, the 

	 6380
	  	Subsidiary Term Borrowers and the Foreign Subsidiary Borrowers agree that each Participant shall be
	 6381
	  	 entitled to the benefits of Sections 2.15, 2.16 and 2.17 (subject to the limitations and
requirements therein,

	 6382
	  	 including the requirements under Section 2.17(f) (it being understood that the documentation
required

	 6383
	  	 under Section 2.17(f) shall be delivered to the participating Lender)) to the same extent as
if it were a

	 6384
	  	 Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section,
provided that

	 6385
	  	 such Participant agrees to be subject to the provisions of Section 2.19 as if it were an
assignee under

	 6386
	  	 paragraph (b) of this Section. To the extent permitted by law, each Participant also shall be
entitled to the

	 6387
	  	 benefits of Section 10.08 as though it were a Lender, provided such Participant agrees to be
subject to

	 6388
	  	 Section 2.18(c) as though it were a Lender. With respect to any Loan made to an Applicable
U.S.

	 6389
	  	 Borrower (as defined in Section 2.17(f)(i)), each Lender that sells a Participation shall,
acting solely for

	 6390
	  	 this purpose as an agent of such Applicable U.S. Borrower, as applicable, maintain a register on
which it

	 6391
	  	 enters the name and address of each Participant and the principal amounts (and stated interest) of
each

	 6392
	  	 Participant’s interest in the Loans or other obligations under this Agreement (the
“Participant Register”);

	 6393
	  	 provided that no Lender shall have any obligation to disclose all or any portion of the
Participant Register

	 6394
	  	 to any Person (including the identity of any Participant or any information relating to a
Participant’s

	 6395
	  	 interest in any Commitments, Loans, Letters of Credit or its other obligations under any Loan
Document)

	 6396
	  	 except to the extent that such disclosure is necessary to establish that such Commitment, Loan,
Letter of

	 6397
	  	 Credit or other obligation is in registered form under
Section 5f.103-1(c) of the United States Treasury

	 6398
	  	 Regulations or in connection with any income tax audit or other income tax proceeding of the
Applicable

	 6399
	  	 U.S. Borrower. The entries in the Participant Register shall be conclusive absent manifest error,
and such

	 6400
	  	 Lender shall treat each person whose name is recorded in the Participant Register as the owner of
such

	 6401
	  	 participation for all purposes of this Agreement notwithstanding any notice to the
contrary.

		
	 6402
	  	 (f) A Participant shall not be entitled to receive any greater payment under Section

	 6403
	  	 2.15 or 2.17 than the applicable Lender would have been entitled to receive with respect to
the

	 6404
	  	 participation sold to such Participant unless the sale of the participation to such Participant is
made with

	 6405
	  	 the prior written consent of the Parent Borrower and, to the extent applicable, each relevant
Subsidiary 

	 6406
	  	Term Borrower and Foreign Subsidiary Borrower. A Participant that would be a Non-U.S. Lender if it
	 6407
	  	 were a Lender shall not be entitled to the benefits of Section 2.17 unless the Parent
Borrower and, to the

	 6408
	  	 extent applicable, each relevant Foreign Subsidiary Borrower is notified of the participation sold
to such

	 6409
	  	 Participant and such Participant agrees, for the benefit of the Parent Borrower and, to the
extent

	 6410
	  	 applicable, each relevant Foreign Subsidiary Borrower, to comply with Section 2.17(f) as
though it were a

	 6411
	  	 Lender.

		
	 6412
	  	 (g) Any Lender may, without the consent of the Parent Borrower or the

	 6413
	  	 Administrative Agent, at any time pledge or assign a security interest in all or any portion of
its rights

	 6414
	  	 under this Agreement to secure obligations of such Lender, including any pledge or assignment to
secure

	 6415
	  	 obligations to a Federal Reserve Bank, and this Section shall not apply to any such pledge or
assignment

	 6416
	  	 of a security interest; provided that no such pledge or assignment of a security interest
shall release a

	 6417
	  	 Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such
Lender

	 6418
	  	 as a party hereto.

  
 -144- 

			
	 6419
	  	 (h) Notwithstanding anything to the contrary set forth in this Agreement or any other

	 6420
	  	Loan Document, any Lender may assign all or a portion of its Term Loans (or Incremental Term Loans)
	 6421
	  	to the Parent Borrower or any of its Subsidiaries at a price below the par value thereof; provided that any
	 6422
	  	such assignment shall be subject to the following additional conditions: (1) no Default or Event of Default
	 6423
	  	shall have occurred and be continuing immediately before and after giving effect to such assignment, (2)
	 6424
	  	on the date of effectiveness of such purchase and assignment, there shall be no more than $25,000,000 in
	 6425
	  	aggregate amount of Revolving Loans outstanding (including, for the avoidance of doubt, the aggregate
	 6426
	  	Dollar Equivalent amount of Foreign Currency Loans) and Swingline Loans outstanding, (3) no proceeds
	 6427
	  	of Revolving Loans, Swingline Loans or Letters of Credit shall be used to fund such purchase and
	 6428
	  	assignment, (4) any such offer to purchase shall be offered to all Term Lenders of a particular Class on a
	 6429
	  	pro rata basis, with mechanics to be agreed by the Administrative Agent and the Parent Borrower, (5) any
	 6430
	  	Loans so purchased shall be immediately cancelled and retired (provided that any non-cash gain in
	 6431
	  	respect of “cancellation of indebtedness” resulting from the cancellation of any Loans so purchased shall
	 6432
	  	not increase Consolidated EBITDA), (6) the Parent Borrower shall provide, as of the date of its offer to
	 6433
	  	purchase and as of the date of the effectiveness of such purchase and assignment, a customary
	 6434
	  	representation and warranty that neither it nor any of its affiliates is in possession of any material non-
	 6435
	  	public information with respect to the Parent Borrower, its Subsidiaries or their respective securities and
	 6436
	  	(7) the Parent Borrower and the applicable purchaser shall waive any right to bring any action against the
	 6437
	  	Administrative Agent in connection with such purchase or the Term Loans so purchased. For the
	 6438
	  	avoidance of doubt, in no event shall the Parent Borrower or any of its Subsidiaries be deemed to be a
	 6439
	  	Lender under this Agreement or any of the other Loan Documents as a result of an assignment made
	 6440
	  	under this clause (h).
		
	 6441
	  	 SECTION 10.05 Survival. All covenants, agreements, representations and warranties

	 6442
	  	 made by the Loan Parties in the Loan Documents and in the certificates or other instruments
delivered in

	 6443
	  	 connection with or pursuant to this Agreement or any other Loan Document shall be considered to
have

	 6444
	  	 been relied upon by the other parties hereto and shall survive the execution and delivery of the
Loan

	 6445
	  	 Documents and the making of any Loans and issuance of any Letters of Credit, regardless of
any

	 6446
	  	 investigation made by any such other party or on its behalf and notwithstanding that the
Administrative

	 6447
	  	 Agent, the Foreign Currency Agent, the Issuing Bank or any Lender may have had notice or
knowledge

	 6448
	  	 of any Default or incorrect representation or warranty at the time any credit is extended
hereunder, and

	 6449
	  	 shall continue in full force and effect as long as the principal of or any accrued interest on any
Loan or

	 6450
	  	 any fee or any other amount payable under this Agreement is outstanding and unpaid or any Letter
of

	 6451
	  	 Credit is outstanding and so long as the Commitments have not expired or terminated. The
provisions of

	 6452
	  	 Sections 2.15, 2.16, 2.17 and 10.03 and Article VIII shall survive and remain in full force and
effect

	 6453
	  	 regardless of the consummation of the transactions contemplated hereby, the repayment of the
Loans, the

	 6454
	  	 expiration or termination of the Letters of Credit and the Commitments or the termination of
this

	 6455
	  	 Agreement or any provision hereof.

		
	 6456
	  	 SECTION 10.06 Counterparts; Integration; Effectiveness. This Agreement may be

	 6457
	  	 executed in counterparts (and by different parties hereto on different counterparts), each of
which shall

	 6458
	  	 constitute an original, but all of which when taken together shall constitute a single contract.
This

	 6459
	  	 Agreement, the other Loan Documents and any separate letter agreements with respect to fees
payable to

	 6460
	  	 the Administrative Agent constitute the entire contract among the parties relating to the subject
matter

	 6461
	  	 hereof and supersede any and all previous agreements and understandings, oral or written, relating
to the

	 6462
	  	 subject matter hereof. Except as provided in Section 4.01, this Agreement shall become
effective when it

	 6463
	  	 shall have been executed by the Administrative Agent and when the Administrative Agent shall
have

	 6464
	  	 received counterparts hereof that, when taken together, bear the signatures of each of the other
parties

	 6465
	  	 hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and
their

	 6466
	  	 respective successors and assigns. Delivery of an executed counterpart of a signature page of
this

  
 -145- 

			
	 6467
	  	 Agreement by facsimile or other electronic transmission shall be effective as delivery of a
manually

	 6468
	  	 executed counterpart of this Agreement.

		
	 6469
	  	 SECTION 10.07 Severability. Any provision of this Agreement held to be invalid,

	 6470
	  	 illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the
extent of

	 6471
	  	 such invalidity, illegality or unenforceability without affecting the validity, legality and
enforceability of

	 6472
	  	 the remaining provisions hereof; and the invalidity of a particular provision in a particular
jurisdiction

	 6473
	  	 shall not invalidate such provision in any other jurisdiction.

		
	 6474
	  	 SECTION 10.08 Right of Setoff. If an Event of Default shall have occurred and be

	 6475
	  	 continuing, each Lender and each of its Affiliates is hereby authorized at any time and from time
to time,

	 6476
	  	 to the fullest extent permitted by law, to set off and apply any and all deposits (general or
special, time or

	 6477
	  	 demand, provisional or final) at any time held and other obligations at any time owing by such
Lender or

	 6478
	  	 Affiliate to or for the credit or the account of the Parent Borrower, any Subsidiary Term
Borrower or any

	 6479
	  	 Foreign Subsidiary Borrower against any of and all the obligations of the Parent Borrower,
any 

	 6480
	  	Subsidiary Term Borrower or any Foreign Subsidiary Borrower now or hereafter existing under this
	 6481
	  	 Agreement held by such Lender, irrespective of whether or not such Lender shall have made any
demand

	 6482
	  	 under this Agreement and although such obligations may be unmatured; provided that none of the

	 6483
	  	 deposits or any other obligation owing to or for the credit or the account of any Foreign
Subsidiary 

	 6484
	  	 Borrower shall be set off or applied against any obligations of the Parent Borrower or any
Borrower that 

	 6485
	  	 is a United States person within the meaning of Section 7701(a)(30) of the
Code. The rights of each

	 6486
	  	 Lender under this Section are in addition to other rights and remedies (including other rights of
setoff)

	 6487
	  	 which such Lender may have ; provided, that to the extent prohibited by applicable law as
described in

	 6488
	  	 the definition of “Excluded Swap Obligation,” no amounts received from, or set off with
respect to, any

	 6489
	  	 Loan Party shall be applied to any Excluded Swap Obligations of such Loan Party.

		
	 6490
	  	 SECTION 10.09 Governing Law; Jurisdiction; Consent to Service of Process.

		
	 6491
	  	 (a) This Agreement shall be construed in accordance with and governed by the law

	 6492
	  	 of the State of New York.

		
	 6493
	  	 (b) Each of Holdings, the Parent Borrower, each Subsidiary Term Borrower and

	 6494
	  	 each Foreign Subsidiary Borrower hereby irrevocably and unconditionally submits, for itself and
its

	 6495
	  	 property, to the exclusive jurisdiction of the Supreme Court of the State of New York sitting in
New York

	 6496
	  	 County and of the United States District Court of the Southern District of New York, and any
appellate

	 6497
	  	 court from any thereof, in any action or proceeding arising out of or relating to any Loan
Document, or

	 6498
	  	 for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably
and

	 6499
	  	 unconditionally agrees that all claims in respect of any such action or proceeding may be heard
and

	 6500
	  	 determined in such New York State or, to the extent permitted by law, in such Federal court. Each
of the

	 6501
	  	 parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive
and may

	 6502
	  	 be enforced in other jurisdictions by suit on the judgment or in any other manner provided by
law.

	 6503
	  	 Nothing in this Agreement or any other Loan Document shall affect any right that the
Administrative

	 6504
	  	 Agent, the Issuing Bank or any Lender may otherwise have to bring any action or proceeding
relating to

	 6505
	  	 this Agreement or any other Loan Document against Holdings, the Parent Borrower, any of
the

	 6506
	  	Subsidiary Term Borrowers, any of the Foreign Subsidiary Borrowers or their properties in the courts of
	 6507
	  	 any jurisdiction.

		
	 6508
	  	 (c) Each of Holdings, the Parent Borrower, each Subsidiary Term Borrower and

	 6509
	  	 each Foreign Subsidiary Borrower hereby irrevocably and unconditionally waives, to the fullest
extent it

	 6510
	  	 may legally and effectively do so, any objection which it may now or hereafter have to the laying
of

  
 -146- 

			
	 6511
	  	 venue of any suit, action or proceeding arising out of or relating to this Agreement or any other
Loan

	 6512
	  	 Document in any court referred to in paragraph (b) of this Section. Each of the parties
hereto hereby

	 6513
	  	 irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum
to the

	 6514
	  	 maintenance of such action or proceeding in any such court.

		
	 6515
	  	 (d) Each party to this Agreement irrevocably consents to service of process in the

	 6516
	  	 manner provided for notices in Section 10.01. Nothing in this Agreement or any other Loan
Document

	 6517
	  	 will affect the right of any party to this Agreement to serve process in any other manner
permitted by law.

		
	 6518
	  	 SECTION 10.10 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY 

	 6519
	  	 WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT

	 6520
	  	 MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR

	 6521
	  	 INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, ANY OTHER

	 6522
	  	 LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER

	 6523
	  	 BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A)

	 6524
	  	 CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER

	 6525
	  	 PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY

	 6526
	  	 WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING

	 6527
	  	 WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE

	 6528
	  	 BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE

	 6529
	  	 MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.

		
	 6530
	  	 SECTION 10.11 Headings. Article and Section headings and the Table of Contents

	 6531
	  	 used herein are for convenience of reference only, are not part of this Agreement and shall not
affect the

	 6532
	  	 construction of, or be taken into consideration in interpreting, this Agreement.

		
	 6533
	  	 SECTION 10.12 Confidentiality. Each of the Administrative Agent, the Issuing Bank

	 6534
	  	 and the Lenders agrees to maintain the confidentiality of the Information (as defined below),
except that

	 6535
	  	 Information may be disclosed (a) to its Lender Affiliates and to its and its Lender
Affiliates’ directors,

	 6536
	  	 officers, employees and agents, including accountants, legal counsel and other advisors (it
being

	 6537
	  	 understood that the Persons to whom such disclosure is made will be informed of the confidential
nature

	 6538
	  	 of such Information and instructed to keep such Information confidential pursuant to the terms
hereof),

	 6539
	  	 (b) to the extent requested by any regulatory or quasi-regulatory authority, (c) to the
extent required by

	 6540
	  	 applicable laws or regulations or by any subpoena or similar legal process, (d) to any other
party to this

	 6541
	  	 Agreement, (e) in connection with the exercise of any remedies hereunder or any suit, action
or

	 6542
	  	 proceeding relating to this Agreement or any other Loan Document or the enforcement of
rights

	 6543
	  	 hereunder or thereunder, (f) subject to an agreement containing provisions substantially the
same as those

	 6544
	  	 of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or
Participant in,

	 6545
	  	 any of its rights or obligations under this Agreement or (ii) any actual or prospective
counterparty (or its

	 6546
	  	 advisors) to any swap or derivative transaction relating to the Parent Borrower, any
Subsidiary Term 

	 6547
	  	 Borrower, any Foreign Subsidiary Borrower and their respective obligations, (g) with the
consent of the

	 6548
	  	 Parent Borrower or (h) to the extent such Information (i) is publicly available at the
time of disclosure or

	 6549
	  	 becomes publicly available other than as a result of a breach of this Section or (ii) becomes
available to

	 6550
	  	 the Administrative Agent, the Issuing Bank or any Lender on a nonconfidential basis from a source
other

	 6551
	  	 than Holdings, the Parent Borrower or any Subsidiary (including the Receivables Subsidiary). For
the

	 6552
	  	 purposes of this Section, “Information” means all information received from Holdings,
the Parent

	 6553
	  	 Borrower or any Subsidiary (including the Receivables Subsidiary) relating to Holdings, the
Parent

	 6554
	  	 Borrower or any Subsidiary (including the Receivables Subsidiary) or its business, other than any
such

	 6555
	  	 information that is available to the Administrative Agent, the Issuing Bank or any Lender on
a

	 6556
	  	 nonconfidential basis prior to disclosure by Holdings, the Parent Borrower or any Subsidiary
(including

  
 -147- 

			
	 6557
	  	 the Receivables Subsidiary) and other than information pertaining to this Agreement routinely
provided

	 6558
	  	 by arrangers to data service providers, including league table providers, that serve the lending
industry;

	 6559
	  	 provided that, in the case of information received from Holdings, the Parent Borrower or
any Subsidiary

	 6560
	  	 (including the Receivables Subsidiary) after the Restatement Date, such information is clearly
identified

	 6561
	  	 at the time of delivery as confidential. Any Person required to maintain the confidentiality of
Information

	 6562
	  	 as provided in this Section shall be considered to have complied with its obligation to do so if
such Person

	 6563
	  	 has exercised the same degree of care to maintain the confidentiality of such Information as such
Person

	 6564
	  	 would accord to its own confidential information.

		
	 6565
	  	 SECTION 10.13 Interest Rate Limitation. Notwithstanding anything herein to the

	 6566
	  	 contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges
and other

	 6567
	  	 amounts which are treated as interest on such Loan under applicable law (collectively the
“Charges”),

	 6568
	  	 shall exceed the maximum lawful rate (the “Maximum Rate”) which may be contracted
for, charged,

	 6569
	  	 taken, received or reserved by the Lender holding such Loan in accordance with applicable law, the
rate

	 6570
	  	 of interest payable in respect of such Loan hereunder, together with all Charges payable in
respect

	 6571
	  	 thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges
that

	 6572
	  	 would have been payable in respect of such Loan but were not payable as a result of the operation
of this

	 6573
	  	 Section shall be cumulated and the interest and Charges payable to such Lender in respect of other
Loans

	 6574
	  	 or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated
amount,

	 6575
	  	 together with interest thereon at the Federal Funds EffectiveNYFRB Rate to
the date of repayment, shall

	 6576
	  	 have been received by such Lender.

		
	 6577
	  	 SECTION 10.14 Judgment Currency.

		
	 6578
	  	 (a) The obligations hereunder of the Parent Borrower, the Subsidiary Term 

	 6579
	  	Borrowers and the Foreign Subsidiary Borrowers and under the other Loan Documents to make payments
	 6580
	  	 in dollars shall not be discharged or satisfied by any tender or recovery pursuant to any
judgment

	 6581
	  	 expressed in or converted into any currency other than dollars, except to the extent that such
tender or

	 6582
	  	 recovery results in the effective receipt by the Administrative Agent, the Collateral Agent or a
Lender of

	 6583
	  	 the full amount of dollars expressed to be payable to the Administrative Agent, Collateral Agent
or

	 6584
	  	 Lender under this Agreement or the other Loan Documents. If, for the purpose of obtaining or
enforcing

	 6585
	  	 judgment against the Parent Borrower, any Subsidiary Term Borrower, any Foreign
Subsidiary Borrower

	 6586
	  	 or any other Loan Party in any court or in any jurisdiction, it becomes necessary to convert into
or from

	 6587
	  	 any currency other than dollars (such other currency being hereinafter referred to as the
“Judgment

	 6588
	  	 Currency”) an amount due in dollars, each party hereto agrees, to the fullest extent
that it may effectively

	 6589
	  	 do so, that the rate of exchange used shall be that at which, in accordance with normal banking
procedures

	 6590
	  	 in the relevant jurisdiction, the first currency could be purchased with such other currency, as
of the date

	 6591
	  	 immediately preceding the day on which the judgment is given (such Business Day being
hereinafter

	 6592
	  	 referred to as the “Judgment Currency Conversion Date”).

		
	 6593
	  	 (b) If there is a change in the rate of exchange prevailing between the Judgment

	 6594
	  	 Currency Conversion Date and the date of actual payment of the amount due, the Parent
Borrower, each 

	 6595
	  	Subsidiary Term Borrower and each Foreign Subsidiary Borrower, as the case may be, covenants and
	 6596
	  	 agrees to pay, or cause to be paid, such additional amounts, if any (but in any event not a lesser
amount),

	 6597
	  	 as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the
rate

	 6598
	  	 of exchange prevailing on the date of payment, will produce the amount of dollars which could have
been

	 6599
	  	 purchased with the amount of Judgment Currency stipulated in the judgment or judicial award at the
rate

	 6600
	  	 of exchange prevailing on the Judgment Currency Conversion Date.

  
 -148- 

			
	 6601
	  	 (c) For purposes of determining the dollar equivalent of the Judgment Currency,

	 6602
	  	such amounts shall include any premium and costs payable in connection with the purchase of dollars.
		
	 6603
	  	 SECTION 10.15 Release of Mortgages. On the Restatement Date, the Liens created by 

	 6604
	  	the Below Threshold Mortgages shall automatically be released, and the Administrative Agent shall 
	 6605
	  	promptly execute and deliver to any Loan Party, at such Loan Party’s expense, all documents that such 
	 6606
	  	Loan Party shall reasonably request to evidence such release. 
		
	 6607
	  	SECTION 10.15 Obligations Joint and Several.
		
	 6608
	  	 (a) Each Term Borrower agrees that it shall, jointly with the other Term Borrowers

	 6609
	  	and severally, be liable for all the Obligations (other than with respect to any Term Borrower, any Swap
	 6610
	  	Obligations of another Loan Party that would be Excluded Swap Obligations of such Term Borrower if
	 6611
	  	such Term Borrower’s joint and several liability with respect to such Swap Obligations were treated as a
	 6612
	  	guarantee for purposes of the definition of “Excluded Swap Obligation”) in respect of the Term Loans
	 6613
	  	and Term Loan Commitments (the “Term Loan Obligations”). Each Term Borrower further agrees that
	 6614
	  	the Term Loan Obligations of the other Term Borrowers may be extended and renewed, in whole or in
	 6615
	  	part, without notice to or further assent from it, and that it will remain bound upon its agreement
	 6616
	  	hereunder notwithstanding any extension or renewal of any Term Loan Obligation of the other Term
	 6617
	  	Borrowers.
		
	 6618
	  	 (b) Each Term Borrower waives presentment to, demand of payment from and

	 6619
	  	protest to the other Term Borrowers of any of the Term Loan Obligations or the other Term Borrowers of
	 6620
	  	any Term Loan Obligations, and also waives notice of acceptance of its obligations and notice of protest
	 6621
	  	for nonpayment. The Term Loan Obligations of a Term Borrower hereunder shall not be affected by (i)
	 6622
	  	the failure of any Term Lender or the Issuing Bank or the Administrative Agent or the Collateral Agent to
	 6623
	  	assert any claim or demand or to enforce any right or remedy against the other Term Borrowers under the
	 6624
	  	provisions of this Agreement or any of the other Loan Documents or otherwise; (ii) any rescission,
	 6625
	  	waiver, amendment or modification of any of the terms or provisions of this Agreement, any of the other
	 6626
	  	Loan Documents or any other agreement; or (iii) the failure of any Term Lender or the Issuing Bank to
	 6627
	  	exercise any right or remedy against any other Term Borrower.
		
	 6628
	  	 (c) Each Term Borrower further agrees that its agreement hereunder constitutes a

	 6629
	  	promise of payment when due and not of collection, and waives any right to require that any resort be had
	 6630
	  	by any Term Lender or the Issuing Bank to any balance of any deposit account or credit on the books of
	 6631
	  	any Term Lender or the Issuing Bank in favor of any other Term Borrower or any other person.
		
	 6632
	  	 (d) The Term Loan Obligations of each Term Borrower hereunder shall not be

	 6633
	  	subject to any reduction, limitation, impairment or termination for any reason, including compromise, and
	 6634
	  	shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by
	 6635
	  	reason of the invalidity, illegality or unenforceability of the Term Loan Obligations of the other Term
	 6636
	  	Borrowers or otherwise. Without limiting the generality of the foregoing, the Term Loan Obligations of
	 6637
	  	each Term Borrower hereunder shall not be discharged or impaired or otherwise affected by the failure of
	 6638
	  	the Administrative Agent, the Collateral Agent or any Term Lender or the Issuing Bank to assert any
	 6639
	  	claim or demand or to enforce any remedy under this Agreement or under any other Loan Document or
	 6640
	  	any other agreement, by any waiver or modification in respect of any thereof, by any default, failure or
	 6641
	  	delay, willful or otherwise, in the performance of the Term Loan Obligations of the other Term Borrowers
	 6642
	  	or by any other act or omission which may or might in any manner or to any extent vary the risk of such
	 6643
	  	Term Borrower or otherwise operate as a discharge of such Term Borrower as a matter of law or equity.
		
	 6644
	  	 (e) Each Term Borrower further agrees that its obligations hereunder shall continue

	 6645
	  	 to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof,
of

  
 -149- 

			
	 6646
	  	principal of or interest on any Term Loan Obligation of the other Term Borrowers is rescinded or must
	 6647
	  	otherwise be restored by the Administrative Agent, the Collateral Agent or any Term Lender or the
	 6648
	  	Issuing Bank upon the bankruptcy or reorganization of any of the other Term Borrowers or otherwise.
		
	 6649
	  	 (f) In furtherance of the foregoing and not in limitation of any other right which
the

	 6650
	  	Administrative Agent, the Collateral Agent or any Term Lender or the Issuing Bank may have at law or in
	 6651
	  	equity against any Term Borrower by virtue hereof, upon the failure of a Term Borrower to pay any Term
	 6652
	  	Loan Obligation when and as the same shall become due, whether at maturity, by acceleration, after
	 6653
	  	notice of prepayment or otherwise, each other Term Borrower hereby promises to and will, upon receipt
	 6654
	  	of written demand by the Administrative Agent, forthwith pay, or cause to be paid, in cash the amount of
	 6655
	  	such unpaid Term Loan Obligations, and thereupon each Term Lender shall, in a reasonable manner,
	 6656
	  	assign the amount of the Term Loan Obligations of the other Term Borrowers owed to it and paid by such
	 6657
	  	Term Borrower pursuant to this Section 10.15 to such Term Borrower, such assignment to be pro tanto to
	 6658
	  	the extent to which the Term Loan Obligations in question were discharged by such Term Borrower or
	 6659
	  	make such disposition thereof as such Term Borrower shall direct (all without recourse to any Term
	 6660
	  	Lender and without any representation or warranty by any Term Lender).
		
	 6661
	  	 (g) Notwithstanding any other provision herein, the Parent Borrower shall
be

	 6662
	  	entitled, at any time and in its sole discretion, to designate any Term Borrower (including itself) to replace
	 6663
	  	any other Term Borrower as a borrower hereunder with respect to any outstanding Term Loans.
		
	 6664
	  	 SECTION 10.16 PATRIOT Act. Each Lender hereby notifies Holdings and the Parent

	 6665
	  	Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed
	 6666
	  	into law October 26, 2001)) (the “PATRIOT Act”), it is required, or will be required in the future, to
	 6667
	  	obtain, verify and record information that identifies Holdings, the Parent Borrower and the other Loan
	 6668
	  	Parties, which information includes the name and address of Holdings, the Parent Borrower and the other
	 6669
	  	Loan Parties and other information that will allow such Lender to identify Holdings, the Parent Borrower
	 6670
	  	and the other Loan Parties in accordance with the PATRIOT Act.
		
	 6671
	  	 SECTION 10.17 No Fiduciary Duty. Each Agent, each Lender and their Affiliates

	 6672
	  	(collectively, solely for purposes of this paragraph, the “Lenders”), may have economic interests that
	 6673
	  	conflict with those of the Parent Borrower, and the Foreign Subsidiary Borrowers and the Subsidiary 
	 6674
	  	Term Borrowers, their stockholders and/or their affiliates. Each of the Parent Borrower, and the Foreign
	 6675
	  	Subsidiary Borrowers and the Subsidiary Term Borrowers agrees that nothing in the Loan Documents or
	 6676
	  	otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other
	 6677
	  	implied duty between any Lender, on the one hand, and such borrower, its stockholders or its affiliates, on
	 6678
	  	the other. Each of the Parent Borrower, and the Foreign Subsidiary Borrowers and the Subsidiary Term 
	 6679
	  	Borrowers acknowledges and agrees that (i) the transactions contemplated by the Loan Documents
	 6680
	  	(including the exercise of rights and remedies hereunder and there under) are arm’s-length commercial
	 6681
	  	transactions between the Lenders, on the one hand, and the applicable borrower, on the other, and (ii) in
	 6682
	  	connection therewith and with the process leading thereto, (x) no Lender has assumed an advisory or
	 6683
	  	fiduciary responsibility in favor of any of the Parent Borrower, or the Foreign Subsidiary Borrowers or 
	 6684
	  	the Subsidiary Term Borrowers, their stockholders or their affiliates with respect to the transactions
	 6685
	  	contemplated hereby (or the exercise of rights or remedies with respect thereto) or the process leading
	 6686
	  	thereto (irrespective of whether any Lender has advised, is currently advising or will advise any borrower,
	 6687
	  	its stockholders or its Affiliates on other matters) or any other obligation to any of the Parent Borrower, or 
	 6688
	  	the Foreign Subsidiary Borrowers or the Subsidiary Term Borrowers except the obligations expressly set
	 6689
	  	forth in the Loan Documents and (y) each Lender is acting solely as principal and not as the agent or
	 6690
	  	fiduciary of any of the Parent Borrower, or the Foreign Subsidiary Borrowers or the Subsidiary Term 
	 6691
	  	Borrowers, their respective management, stockholders, creditors or any other Person. Each of the Parent

  
 -150- 

			
	 6692
	  	 Borrower, and the Foreign Subsidiary Borrowers and Subsidiary Term
Borrowers acknowledges and

	 6693
	  	 agrees that it has consulted its own legal and financial advisors to the extent it deemed
appropriate and

	 6694
	  	 that it is responsible for making its own independent judgment with respect to such transactions
and the

	 6695
	  	 process leading thereto. Each of the Parent Borrower, and the Foreign
Subsidiary Borrowers and 

	 6696
	  	Subsidiary Term Borrowers agrees that it will not claim that any Lender has rendered advisory services of
	 6697
	  	 any nature or respect, or owes a fiduciary or similar duty to such borrower, in connection with
such

	 6698
	  	 transaction or the process leading thereto.

		
	 6699
	  	 SECTION 10.18 Parallel Debt.

		
	 6700
	  	 (a) Parallel Debt U.S. Obligations[Reserved].

		
	 6701
	  	 (i) For the purpose of any Foreign Security Document governed by Dutch law, each

	 6702
	  	of the Parent Borrower and any Subsidiary Term Borrower hereby irrevocably and unconditionally
	 6703
	  	undertake to pay as a separate and independent obligation to the Collateral Agent amounts equal to the
	 6704
	  	aggregate amount from time to time payable (verschuldigd) to any of the Secured Parties under or
	 6705
	  	pursuant to its U.S. Obligations (such payment undertaking to the Collateral Agent hereinafter referred to
	 6706
	  	as the “Parallel Debt U.S. Obligations”). The Parallel Debt U.S. Obligations will be payable in the
	 6707
	  	currency or currencies of the relevant U.S. Obligations.
		
	 6708
	  	 (ii) The Parallel Debt U.S. Obligations will become due and payable (opeisbaar)

	 6709
	  	immediately upon the Collateral Agent’s first demand, which may be made at any time, as and when one
	 6710
	  	or more of the U.S. Obligations becomes due and payable.
		
	 6711
	  	 (iii) Each of the parties to this Agreement hereby acknowledges that (A) the Parallel

	 6712
	  	Debt U.S. Obligations constitute undertakings, obligations and liabilities of the Parent Borrower and any
	 6713
	  	Subsidiary Term Borrower to the Collateral Agent that are transferable, separate and independent from,
	 6714
	  	and without prejudice to, the corresponding U.S. Obligations and (B) the Parallel Debt U.S. Obligations
	 6715
	  	represent the Collateral Agent’s own separate claim to receive payment of the Parallel Debt U.S.
	 6716
	  	Obligations from the Parent Borrower and each Subsidiary Term Borrower, it being understood that the
	 6717
	  	 amount that is or may become due and payable by the Parent Borrower and
the Subsidiary Term 

	 6718
	  	Borrowers under or pursuant to the Parallel Debt U.S. Obligations from time to time shall never exceed
	 6719
	  	the aggregate amount that is payable under the U.S. Obligations from time to time.
		
	 6720
	  	 (iv) For the avoidance of doubt, each of the parties to this Agreement confirms that

	 6721
	  	the claims of the Collateral Agent against the Parent Borrower and each Subsidiary Term Borrower in
	 6722
	  	respect of the Parallel Debt U.S. Obligations and the claims of any one or more of the Secured Parties
	 6723
	  	against the Parent Borrower and each Subsidiary Term Borrower under or pursuant to the U.S.
	 6724
	  	Obligations payable to such Secured Parties do not constitute common property (een gemeenschap)
	 6725
	  	 within the meaning of Section 3:166 of the Dutch Civil Code
(“DCC”) and that the provisions relating to

	 6726
	  	such common property shall not apply. If, however, it would be held that such claims of the Collateral
	 6727
	  	Agent and such claims of any one or more of the Secured Parties do constitute such common property and
	 6728
	  	such provisions do apply, the parties to this Agreement agree that this Agreement shall constitute an
	 6729
	  	administration agreement (beheersregeling) within the meaning of Section 3:168 of the DCC.
		
	 6730
	  	 (v) For the avoidance of doubt, the parties hereto confirm that this Agreement is not

	 6731
	  	to be construed as an agreement as referred to in Section 6:16 of the DCC and that Section 6:16 of the
	 6732
	  	DCC shall not apply.
		
	 6733
	  	 (vi) To the extent the Collateral Agent irrevocably (onaantastbaar) receives any

	 6734
	  	amount in payment of the Parallel Debt U.S. Obligations, the Collateral Agent shall distribute such

  
 -151- 

			
	 6735
	  	 amount among the Secured Parties in accordance with Section 2.18 and upon irrevocable
(onaantastbaar)

	 6736
	  	 receipt of such amount, the U.S. Obligations shall be reduced by an amount equal to such
amount in the

	 6737
	  	 manner as if such amount were received as a payment of the U.S. Obligations on the date of
receipt by the

	 6738
	  	 Collateral Agent of such amount.

		
	 6739
	  	 (vii) To the extent the Collateral Agent or Administrative Agent
irrevocably

	 6740
	  	 (onaantastbaar) receives any amount in payment of the U.S. Obligations, the
Collateral Agent shall

	 6741
	  	 distribute such amount among the Secured Parties in accordance with Section 2.18 and upon
irrevocable

	 6742
	  	 (onaantastbaar) receipt of such amount, the Parallel Debt U.S. Obligations shall be
reduced by an amount

	 6743
	  	 equal to such amount in the manner as if such amount were received as a payment of the
Parallel Debt

	 6744
	  	 U.S. Obligations on the date of receipt by the Secured Party of such
amount.

		
	 6745
	  	 (viii) For the purpose of any Foreign Security Document governed by Dutch law,
the

	 6746
	  	 Collateral Agent acts in its own name and on behalf of itself but for the benefit of the
Secured Parties and

	 6747
	  	 any security right granted to the Collateral Agent to secure the Parallel Debt U.S.
Obligations is granted

	 6748
	  	 to the Collateral Agent in its capacity of sole creditor of the Parallel Debt U.S.
Obligations.

		
	 6749
	  	 (b) Parallel Debt Foreign Obligations.

		
	 6750
	  	 (i) For the purpose of any Foreign Security Document governed by Dutch law, each

	 6751
	  	 Foreign Subsidiary Borrower hereby irrevocably and unconditionally undertakes to pay as a separate
and

	 6752
	  	 independent obligation to the Collateral Agent amounts equal to the aggregate amount
payable

	 6753
	  	 (verschuldigd) to any of the Secured Parties under or pursuant to its Foreign Obligations
(these payment

	 6754
	  	 undertakings to the Collateral Agent hereinafter collectively referred to as the “Parallel
Debt Foreign

	 6755
	  	 Obligations”). The Parallel Debt Foreign Obligations will be payable in the currency
or currencies of the

	 6756
	  	 relevant Foreign Obligations.

		
	 6757
	  	 (ii) The Parallel Debt Foreign Obligations will become due and payable (opeisbaar)

	 6758
	  	 immediately upon the Collateral Agent’s first demand, which may be made at any time, as and
when one

	 6759
	  	 or more of the Foreign Obligations becomes due and payable.

		
	 6760
	  	 (iii) Each of the parties to this Agreement hereby acknowledges that (A) the Parallel

	 6761
	  	 Debt Foreign Obligations constitute undertakings, obligations and liabilities of the Foreign
Subsidiary

	 6762
	  	 Borrowers to the Collateral Agent which are transferable, separate and independent from, and
without

	 6763
	  	 prejudice to, the corresponding Foreign Obligations and (B) the Parallel Debt Foreign
Obligations

	 6764
	  	 represent the Collateral Agent’s own separate claims to receive payment of the Parallel Debt
Foreign

	 6765
	  	 Obligations from the Foreign Subsidiary Borrowers, it being understood that the amounts which
may

	 6766
	  	 become due and payable by the Foreign Subsidiary Borrowers under or pursuant to the Parallel
Debt

	 6767
	  	 Foreign Obligations from time to time shall never exceed the aggregate amount which is payable
under

	 6768
	  	 the Foreign Obligations from time to time.

		
	 6769
	  	 (iv) For the avoidance of doubt, each of the parties to this Agreement confirms that

	 6770
	  	 the claims of the Collateral Agent against each of the Foreign Subsidiary Borrowers in respect of
the

	 6771
	  	 Parallel Debt Foreign Obligations and the claims of any or more of the Secured Parties against
the

	 6772
	  	 Foreign Subsidiary Borrowers under or pursuant to the Foreign Obligations payable to such
Secured

	 6773
	  	 Parties do not constitute common property (een gemeenschap) within the meaning of
Section 3:166 of the

	 6774
	  	 DCC and that the provisions relating to such common property shall not apply. If, however, it
shall be

	 6775
	  	 held that such claims of the Collateral Agent and such claims of any one or more of the Secured
Parties

	 6776
	  	 do constitute such common property and such provisions do apply, the parties to this Agreement
agree

	 6777
	  	 that this Agreement shall constitute the administration agreement (beheersregeling) within
the meaning of

	 6778
	  	 Section 3:168 of the DCC.

  
 -152- 

			
		
	 6779
	  	 (v) For the avoidance of doubt, the parties hereto confirm that this Agreement is not

	 6780
	  	 to be construed as an agreement as referred to in Section 6:16 of the DCC and that
Section 6:16 of the

	 6781
	  	 DCC shall not apply.

		
	 6782
	  	 (vi) To the extent the Collateral Agent irrevocably (onaantastbaar) receives any

	 6783
	  	 amount in payment of the Parallel Debt Foreign Obligations, the Collateral Agent shall distribute
such

	 6784
	  	 amount among the Secured Parties in accordance with Section 2.18 and upon irrevocable
(onaantastbaar)

	 6785
	  	 receipt of such amount, the Foreign Obligations shall be reduced by an amount equal to such amount
in

	 6786
	  	 the manner as if such amount were received as a payment of the Foreign Obligations on the date
of

	 6787
	  	 receipt by the Collateral Agent of such amount.

		
	 6788
	  	 (vii) To the extent the Collateral Agent or Administrative Agent irrevocably

	 6789
	  	 (onaantastbaar) receives any amount in payment of the Foreign Obligations, the Collateral
Agent shall

	 6790
	  	 distribute such amount among the Secured Parties in accordance with Section 2.18 and upon
irrevocable

	 6791
	  	 (onaantastbaar) receipt of such amount, the Parallel Debt Foreign Obligations shall be
reduced by an

	 6792
	  	 amount equal to such amount in the manner as if such amount were received as a payment of the
Parallel

	 6793
	  	 Debt Foreign Obligations on the date of receipt by the Secured Party of such amount.

		
	 6794
	  	 (viii) For the purpose of any Foreign Security Document governed by Dutch law, the

	 6795
	  	 Collateral Agent acts in its own name and on behalf of itself but for the benefit of the Secured
Parties and

	 6796
	  	 any security right granted to the Collateral Agent to secure the Parallel Debt Foreign Obligations
is

	 6797
	  	 granted to the Collateral Agent in its capacity of sole creditor of the Parallel Debt Foreign
Obligations.

		
	 6798
	  	 SECTION 10.19 No Novation. Nothing in this Agreement or the Replacement Facility 

	 6799
	  	 Amendment shall be deemed to be a substitution or novation of
anythe obligations (under and as defined 

	 6800
	  	 in the Existing Credit Agreement) or under any other Loan Document (as defined in the
Existing Credit

	 6801
	  	 Agreement).outstanding under the Security Documents or the other Loan
Documents or instruments

	 6802
	  	 securing the same, which shall remain in full force and effect, except to any extent modified
hereby or by 

	 6803
	  	 instruments executed concurrently herewith. 

		
	 6804
	  	 SECTION 10.20 Release of Cequent Group. Notwithstanding anything to
the contrary

	 6805
	  	 in this Agreement or any other Loan Document, each Lender and each Loan Party agrees that
upon the 

	 6806
	  	 Restatement Date, (i) the liens and security interests granted by the Cequent Group
pursuant to the Loan

	 6807
	  	 Documents (as defined in the Existing Credit Agreement) shall be automatically and
irrevocably released

	 6808
	  	 and terminated, (ii) all Guarantees of the Obligations (as defined in the Existing Credit
Agreement) by the

	 6809
	  	 Cequent Group under the Loan Documents (as defined in the Existing Credit Agreement) shall
be

	 6810
	  	 automatically and irrevocably released and discharged, all without any further action
being required to

	 6811
	  	 effectuate the foregoing, (iii) the Administrative Agent will, at the Parent
Borrower’s expense, execute

	 6812
	  	 and deliver such releases, terminations, certificates, instruments, notices, agreements
and documents as

	 6813
	  	 the Parent Borrower may reasonably request in order to evidence the termination of the
liens and security

	 6814
	  	 interests granted by the Cequent Group pursuant to the Loan Documents (as defined in the
Existing Credit

	 6815
	  	 Agreement), (iv) the Administrative Agent or its designee will be authorized to file UCC
termination

	 6816
	  	 statements, releases in respect of the recordation of the security interests in
intellectual property, mortgage

	 6817
	  	 releases and fixture filing releases in real property records and any other releases or
instruments of release

	 6818
	  	 and discharge in respect of the security interests granted by the Cequent Group pursuant
to the Loan

	 6819
	  	 Documents (as defined in the Existing Credit Agreement), in each case, in order to
terminate or evidence

	 6820
	  	 the termination of the liens and security interests granted by the Cequent Group pursuant
to the Loan

	 6821
	  	 Documents (as defined in the Existing Credit Agreement), (v) the Administrative Agent will
deliver to the

	 6822
	  	 Parent Borrower or its designee all certificated securities (together with related powers,
if any) of the

	 6823
	  	 Cequent Group in the possession of the Administrative Agent and (vi) the Cequent Group
will be released

  
 -153- 

			
	 6824
	  	 from the Loan Documents (as defined in the Existing Credit Agreement).SECTION
10.20

	 6825
	  	 Acknowledgement and Consent to Bail-In of EEA Financial

	 6826
	  	 Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other
agreement, 

	 6827
	  	 arrangement or understanding among any such parties, each party hereto acknowledges that any
liability 

	 6828
	  	 of any EEA Financial Institution arising under any Loan Document may be subject to the
Write-Down

	 6829
	  	 and Conversion Powers of an EEA Resolution Authority and agrees and consents to, and
acknowledges 

	 6830
	  	 and agrees to be bound by: 

		
	 6831
	  	 (a) the application of any Write-Down and Conversion Powers by an EEA

	 6832
	  	 Resolution Authority to any such liabilities arising hereunder which may be payable to it by
any party 

	 6833
	  	 hereto that is an EEA Financial Institution; and 

		
	 6834
	  	 (b) the effects of any Bail-In Action on any such liability,
including, if applicable: 

		
	 6835
	  	 (i) a reduction in full or in part or cancellation of any such liability;

		
	 6836
	  	 (ii) a conversion of all, or a portion of, such liability into shares or
other

	 6837
	  	 instruments of ownership in such EEA Financial Institution, its parent entity, or a bridge

	 6838
	  	 institution that may be issued to it or otherwise conferred on it, and that such shares or

	 6839
	  	 other instruments of ownership will be accepted by it in lieu of any rights with respect to

	 6840
	  	 any such liability under this Agreement or any other Loan Document; or 

		
	 6841
	  	 (iii) the variation of the terms of such liability in connection with the

	 6842
	  	 exercise of the Write-Down and Conversion Powers of any EEA Resolution
Authority.

		
	 6843
	  	 SECTION 10.21 MIRE Events. Each of the parties hereto acknowledges and agrees

	 6844
	  	 that, solely in the event that there are any Mortgaged Properties at the time of any increase,
extension or 

	 6845
	  	 renewal of any of the Commitments or Loans (including the provision of Incremental Revolving

	 6846
	  	 Commitments or any other incremental credit facilities hereunder, but excluding
(i) any continuation or 

	 6847
	  	 conversion of borrowings, (ii) the making of any Revolving Loans or
(iii) the issuance, renewal or 

	 6848
	  	 extension of Letters of Credit) shall be subject to (and conditioned upon) delivery of all
flood hazard 

	 6849
	  	 determination certifications, acknowledgements and evidence of flood insurance and other
flood-related

	 6850
	  	 documentation with respect to such Mortgaged Properties as required by Flood Laws and as
otherwise 

	 6851
	  	 reasonably requested by the Administrative Agent or the Lenders (through the Administrative
Agent). 

  
 -154- 

			
	6852	  	 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly

	6853	  	executed by their respective authorized officers as of the day and year first above written.

  

							
	6854	  		 	 TRIMAS CORPORATION,

				
	6855	  		 	By:	 	  

	6856	  		 		 	Name:
	6857	  		 		 	Title:
			
	6858	  		 	TRIMAS COMPANY LLC,
				
	6859	  		 	By:	 	  

	6860	  		 		 	Name:
	6861	  		 		 	Title:
	6862	  		 		 	

  
 [Signature Page to Credit
Agreement] 

							
	6863	  		 		 	
	6864	  		 	JPMORGAN CHASE BANK, N.A., individually and as
	6865	  		 	Administrative Agent,
				
	6866	  		 	By:  	 	  

	6867	  		 		 	Name:   Krys Szremski
	6868	  		 		 	Title:     Vice President
	6869	  		 		 	

  
 [Signature Page to Credit
Agreement] 

							
	6870	  		 		 	
	6871	  	LENDER SIGNATURE PAGE TO
	6872	  	THE CREDIT AGREEMENT
			
	6873	  		 	 Name of Lender,

				
	6874	  		 	 By:
	 	 
	6875	  		 		 	 Name:

	6876	  		 		 	 Title:

			
	6877	  		 	 For any Lender requiring a second signature line:

				
	6878	  		 	 By:
	 	 
	6879	  		 		 	 Name:

	6880	  		 		 	 Title:

	6881	  		 		 	
	6882	  		 		 	
	6883	  		 		 	
	6884	  		 		 	

  
 [Signature Page to Credit
Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}]]