Document:

Prepared by R.R. Donnelley Financial -- EX-10.1

 Exhibit 10.1 

Execution Version 
  

 
  

 

					
	

	 	 CREDIT AGREEMENT
  

by and among
  

WELLS FARGO BANK, NATIONAL ASSOCIATION,
	 	

 as Administrative Agent, Syndication Agent, Sole Lead
Arranger 
 and Sole Book Runner 

SunTrust Bank 
 as
Documentation Agent, 
 THE LENDERS THAT ARE PARTIES HERETO 

as the Lenders, 
 and

 DIAMOND FOODS, INC., 

as Borrower 
 Dated as
of February 19, 2014 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
			
	 1.
	 	 DEFINITIONS AND CONSTRUCTION
	  	 	1	  
				
		 	1.1	  	 Definitions
	  	 	1	  
		 	1.2	  	 Accounting Terms
	  	 	1	  
		 	1.3	  	 Code
	  	 	1	  
		 	1.4	  	 Construction
	  	 	2	  
		 	1.5	  	 Time References
	  	 	2	  
		 	1.6	  	 Schedules and Exhibits
	  	 	2	  
		 	1.7	  	 Pro Forma Calculations
	  	 	2	  
			
	 2.
	 	 LOANS AND TERMS OF PAYMENT
	  	 	3	  
				
		 	2.1	  	 Revolving Loans
	  	 	3	  
		 	2.2	  	 Intentionally Omitted
	  	 	3	  
		 	2.3	  	 Borrowing Procedures and Settlements
	  	 	3	  
		 	2.4	  	 Payments; Reductions of Commitments; Prepayments
	  	 	9	  
		 	2.5	  	 Promise to Pay; Promissory Notes
	  	 	13	  
		 	2.6	  	 Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations
	  	 	13	  
		 	2.7	  	 Crediting Payments
	  	 	14	  
		 	2.8	  	 Designated Account
	  	 	15	  
		 	2.9	  	 Maintenance of Loan Account; Statements of Obligations
	  	 	15	  
		 	2.10	  	 Fees
	  	 	15	  
		 	2.11	  	 Letters of Credit
	  	 	16	  
		 	2.12	  	 LIBOR Option
	  	 	22	  
		 	2.13	  	 Capital Requirements
	  	 	24	  
			
	 3.
	 	 CONDITIONS
	  	 	25	  
				
		 	3.1	  	 Conditions Precedent to the Initial Extension of Credit
	  	 	25	  
		 	3.2	  	 Conditions Precedent to all Extensions of Credit
	  	 	25	  
		 	3.3	  	 Conditions Subsequent
	  	 	25	  
			
	4.	 	 TERM OF AGREEMENT
	  	 	25	  
				
		 	4.1	  	 Maturity
	  	 	25	  
		 	4.2	  	 Effect of Maturity
	  	 	25	  
		 	4.3	  	 Early Termination by Borrower
	  	 	26	  
			
	5.	 	 REPRESENTATIONS AND WARRANTIES
	  	 	26	  
				
		 	5.1	  	 Existence, Qualification and Power
	  	 	26	  
		 	5.2	  	 Authorization; No Contravention
	  	 	26	  
		 	5.3	  	 Governmental Authorization; Other Consents
	  	 	27	  
		 	5.4	  	 Binding Effect
	  	 	27	  
		 	5.5	  	 Financial Statements; No Material Adverse Effect
	  	 	27	  
		 	5.6	  	 Litigation
	  	 	27	  
		 	5.7	  	 No Default
	  	 	28	  
		 	5.8	  	 Ownership of Property; Liens
	  	 	28	  
		 	5.9	  	 Environmental Compliance
	  	 	28	  
		 	5.10	  	 Insurance
	  	 	29	  
		 	5.11	  	 Taxes
	  	 	29	  
		 	5.12	  	 ERISA Compliance
	  	 	29	  
		 	5.13	  	 Subsidiaries; Equity Interests
	  	 	30	  
		 	5.14	  	 Margin Regulations; Investment Company Act
	  	 	30	  
		 	5.15	  	 Disclosure
	  	 	30	  

  
 - i - 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	5.16	  	 Compliance with Laws
	  	 	31	  
		 	5.17	  	 Taxpayer Identification Number
	  	 	31	  
		 	5.18	  	 Intellectual Property; Licenses, Etc
	  	 	31	  
		 	5.19	  	 Solvency
	  	 	31	  
		 	5.20	  	 Collateral Documents
	  	 	31	  
		 	5.21	  	 Labor Matters
	  	 	32	  
		 	5.22	  	 Status of the Obligations as Senior Indebtedness
	  	 	32	  
		 	5.23	  	 Inactive Subsidiaries
	  	 	32	  
		 	5.24	  	 Eligible Accounts
	  	 	32	  
		 	5.25	  	 Eligible Inventory
	  	 	32	  
		 	5.26	  	 Location of Inventory
	  	 	32	  
		 	5.27	  	 Inventory Records
	  	 	32	  
		 	5.28	  	 Material Contracts
	  	 	32	  
		 	5.29	  	 Growers’ Liens
	  	 	32	  
			
	 6.
	 	 AFFIRMATIVE COVENANTS
	  	 	33	  
				
		 	6.1	  	 Financial Statements
	  	 	33	  
		 	6.2	  	 Certificates; Other Information
	  	 	34	  
		 	6.3	  	 Notices
	  	 	35	  
		 	6.4	  	 Payment of Obligations
	  	 	35	  
		 	6.5	  	 Preservation of Existence, Etc
	  	 	36	  
		 	6.6	  	 Maintenance of Properties
	  	 	36	  
		 	6.7	  	 Maintenance of Insurance
	  	 	36	  
		 	6.8	  	 Compliance with Laws
	  	 	36	  
		 	6.9	  	 Books and Records
	  	 	36	  
		 	6.10	  	 Inspection Rights
	  	 	37	  
		 	6.11	  	 Use of Proceeds
	  	 	37	  
		 	6.12	  	 Covenant to Guarantee Obligations and Give Security
	  	 	37	  
		 	6.13	  	 Compliance with Environmental Laws
	  	 	39	  
		 	6.14	  	 Further Assurances
	  	 	40	  
		 	6.15	  	 Material Contracts
	  	 	40	  
		 	6.16	  	 Compliance with Terms of Leaseholds
	  	 	40	  
		 	6.17	  	 Post-Closing Covenant
	  	 	40	  
		 	6.18	  	 Cash Management
	  	 	42	  
		 	6.19	  	 Location of Inventory
	  	 	42	  
		 	6.20	  	 Cash Dominion Triggering Event
	  	 	42	  
		 	6.21	  	 Customer Accounts
	  	 	42	  
		 	6.22	  	 Disclosure Updates
	  	 	42	  
		 	6.23	  	 Lender Meetings
	  	 	42	  
		 	6.24	  	 Growers’ Liens
	  	 	42	  
			
	 7.
	 	 NEGATIVE COVENANTS
	  	 	42	  
				
		 	7.1	  	 Liens
	  	 	43	  
		 	7.2	  	 Investments
	  	 	44	  
		 	7.3	  	 Indebtedness
	  	 	46	  
		 	7.4	  	 Fundamental Changes
	  	 	48	  
		 	7.5	  	 Dispositions
	  	 	48	  
		 	7.6	  	 Restricted Payments
	  	 	49	  
		 	7.7	  	 Change in Nature of Business
	  	 	50	  
		 	7.8	  	 Transactions with Affiliates
	  	 	50	  

  
 - ii - 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	7.9	  	 Burdensome Agreements
	  	 	50	  
		 	7.10	  	 Use of Proceeds
	  	 	51	  
		 	7.11	  	 [Reserved]
	  	 	51	  
		 	7.12	  	 Accounting Changes
	  	 	51	  
		 	7.13	  	 Prepayments of Indebtedness
	  	 	51	  
		 	7.14	  	 Amendment of Indebtedness or Material Contracts
	  	 	52	  
		 	7.15	  	 Inactive Subsidiaries; DFKA
	  	 	52	  
		 	7.16	  	 Inventory with Bailees
	  	 	52	  
		 	7.17	  	 Limitation on Issuance of Equity Interests
	  	 	52	  
			
	 8.
	 	 FINANCIAL COVENANTS
	  	 	52	  
			
	 9.
	 	 EVENTS OF DEFAULT
	  	 	53	  
				
		 	9.1	  	 Non-Payment
	  	 	53	  
		 	9.2	  	 Specific Covenants
	  	 	53	  
		 	9.3	  	 Other Defaults
	  	 	53	  
		 	9.4	  	 Representations and Warranties
	  	 	53	  
		 	9.5	  	 Cross-Default
	  	 	53	  
		 	9.6	  	 Insolvency Proceedings, Etc
	  	 	54	  
		 	9.7	  	 Inability to Pay Debts; Attachment
	  	 	54	  
		 	9.8	  	 Judgments
	  	 	54	  
		 	9.9	  	 ERISA
	  	 	54	  
		 	9.10	  	 Invalidity of Loan Documents
	  	 	54	  
		 	9.11	  	 Change of Control
	  	 	54	  
		 	9.12	  	 Collateral Documents
	  	 	54	  
		 	9.13	  	 Guaranty
	  	 	54	  
			
	 10.
	 	 RIGHTS AND REMEDIES
	  	 	55	  
				
		 	10.1	  	 Rights and Remedies
	  	 	55	  
		 	10.2	  	 Remedies Cumulative
	  	 	55	  
		 	10.3	  	 Intercreditor Agreement
	  	 	55	  
		 	10.4	  	 Equity Cure Right
	  	 	56	  
			
	 11.
	 	 WAIVERS; INDEMNIFICATION
	  	 	56	  
				
		 	11.1	  	 Demand; Protest; etc
	  	 	56	  
		 	11.2	  	 The Lender Group’s Liability for Collateral
	  	 	56	  
		 	11.3	  	 Indemnification
	  	 	56	  
			
	 12.
	 	 NOTICES
	  	 	57	  
			
	 13.
	 	 CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION
	  	 	58	  
			
	 14.
	 	 ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS
	  	 	61	  
				
		 	14.1	  	 Assignments and Participations
	  	 	61	  
		 	14.2	  	 Successors
	  	 	64	  
			
	 15.
	 	 AMENDMENTS; WAIVERS
	  	 	64	  
				
		 	15.1	  	 Amendments and Waivers
	  	 	64	  
		 	15.2	  	 Replacement of Certain Lenders
	  	 	66	  
		 	15.3	  	 No Waivers; Cumulative Remedies
	  	 	66	  
			
	 16.
	 	 AGENT; THE LENDER GROUP
	  	 	66	  

  
 - iii - 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	16.1	  	 Appointment and Authorization of Agent
	  	 	66	  
		 	16.2	  	 Delegation of Duties
	  	 	67	  
		 	16.3	  	 Liability of Agent
	  	 	67	  
		 	16.4	  	 Reliance by Agent
	  	 	68	  
		 	16.5	  	 Notice of Default or Event of Default
	  	 	68	  
		 	16.6	  	 Credit Decision
	  	 	68	  
		 	16.7	  	 Costs and Expenses; Indemnification
	  	 	69	  
		 	16.8	  	 Agent in Individual Capacity
	  	 	69	  
		 	16.9	  	 Successor Agent
	  	 	69	  
		 	16.10	  	 Lender in Individual Capacity
	  	 	70	  
		 	16.11	  	 Collateral Matters
	  	 	70	  
		 	16.12	  	 Restrictions on Actions by Lenders; Sharing of Payments
	  	 	72	  
		 	16.13	  	 Agency for Perfection
	  	 	72	  
		 	16.14	  	 Payments by Agent to the Lenders
	  	 	72	  
		 	16.15	  	 Concerning the Collateral and Related Loan Documents
	  	 	72	  
		 	16.16	  	 Field Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information
	  	 	72	  
		 	16.17	  	 Several Obligations; No Liability
	  	 	73	  
		 	16.18	  	 Sole Lead Arranger, Sole Book Runner, Syndication Agent, and Documentation Agent
	  	 	74	  
			
	 17.
	 	 WITHHOLDING TAXES
	  	 	74	  
				
		 	17.1	  	 Payments
	  	 	74	  
		 	17.2	  	 Exemptions
	  	 	74	  
		 	17.3	  	 Reductions
	  	 	76	  
		 	17.4	  	 Refunds
	  	 	76	  
			
	 18.
	 	 GENERAL PROVISIONS
	  	 	76	  
				
		 	18.1	  	 Effectiveness
	  	 	76	  
		 	18.2	  	 Section Headings
	  	 	76	  
		 	18.3	  	 Interpretation
	  	 	76	  
		 	18.4	  	 Severability of Provisions
	  	 	77	  
		 	18.5	  	 Bank Product Providers
	  	 	77	  
		 	18.6	  	 Debtor-Creditor Relationship
	  	 	77	  
		 	18.7	  	 Counterparts; Electronic Execution
	  	 	77	  
		 	18.8	  	 Revival and Reinstatement of Obligations; Certain Waivers
	  	 	78	  
		 	18.9	  	 Confidentiality
	  	 	78	  
		 	18.10	  	 Survival
	  	 	79	  
		 	18.11	  	 Patriot Act
	  	 	79	  
		 	18.12	  	 Integration
	  	 	80	  

  
 - iv - 

 EXHIBITS AND SCHEDULES 

 

			
	Exhibit A-1	  	Form of Assignment and Acceptance
	Exhibit B-1	  	Form of Borrowing Base Certificate
	Exhibit C-1	  	Form of Compliance Certificate
	Exhibit K	  	Form of Mortgage
	Exhibit L-1	  	Form of LIBOR Notice
	Exhibit N	  	Form of Master Intercompany Note
	Exhibit P-1	  	Form of Perfection Certificate
		
	Schedule A-1	  	Agent’s Account
	Schedule A-2	  	Authorized Persons
	Schedule C-1	  	Commitments
	Schedule D-1	  	Designated Account
	Schedule E-1	  	Locations of Collateral
	Schedule 1.1	  	Definitions
	Schedule 3.1	  	Conditions Precedent
	Schedule 3.3	  	Conditions Subsequent
	Schedule 5.6	  	Litigation
	Schedule 5.8(b)	  	Liens
	Schedule 5.8(c)	  	Owned Real Property
	Schedule 5.8(d)	  	Leased Real Property (Lessee)
	Schedule 5.8(e)	  	Leased Real Property (Lessor)
	Schedule 5.8(f)	  	Existing Investments
	Schedule 5.10	  	Insurance
	Schedule 5.13	  	Subsidiaries; Other Equity Investments
	Schedule 5.17	  	Taxpayer Identification Number
	Schedule 5.26	  	Location of Inventory
	Schedule 6.2	  	Collateral Reporting
	Schedule 6.17	  	Mortgaged Real Property
	Schedule 7.3	  	Existing Indebtedness
	Schedule 7.9	  	Burdensome Agreements

  
 - v - 

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of February 19, 2014, by and among the lenders
identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), WELLS FARGO BANK,
NATIONAL ASSOCIATION, a national banking association, as administrative agent for each member of the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity,
“Agent”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as sole lead arranger (in such capacity, together with its successors and assigns in such capacity, the “Sole Lead Arranger”),
WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as sole book runner (in such capacity, together with its successors and assigns in such capacity, the “Sole Book Runner”), WELLS FARGO BANK, NATIONAL
ASSOCIATION, a national banking association, as syndication agent (in such capacity, together with its successors and assigns in such capacity, the “Syndication Agent”), SUNTRUST BANK, as documentation agent (in such
capacity, together with its successors and assigns in such capacity, the “Documentation Agent”), and DIAMOND FOODS, INC., a Delaware corporation (“Borrower”). 

The parties agree as follows: 
 1.
DEFINITIONS AND CONSTRUCTION. 
 1.1 Definitions. Capitalized terms used in this Agreement shall have the respective meanings
specified therefor on Schedule 1.1. 
 1.2 Accounting Terms. All accounting terms not specifically defined herein shall be
construed in accordance with GAAP; provided, that if Borrower notifies Agent that Borrower requests an amendment to any provision hereof to eliminate the effect of any Accounting Change occurring after the Closing Date or in the application
thereof on the operation of such provision (or if Agent notifies Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such Accounting Change
or in the application thereof, then Agent and Borrower agree that they will negotiate in good faith amendments to the provisions of this Agreement that are directly affected by such Accounting Change with the intent of having the respective
positions of the Lenders and Borrower after such Accounting Change conform as nearly as possible to their respective positions as of the date of this Agreement and, until any such amendments have been agreed upon and agreed to by the Required
Lenders, the provisions in this Agreement shall be calculated as if no such Accounting Change had occurred. When used herein, the term “financial statements” shall include the notes and schedules thereto. Whenever the term
“Borrower” is used in respect of a financial covenant or a related definition, it shall be understood to mean Borrower and its Subsidiaries on a consolidated basis, unless the context clearly requires otherwise. Notwithstanding anything to
the contrary contained herein, (a) all financial statements delivered hereunder shall be prepared, and all financial covenants contained herein shall be calculated, without giving effect to any election under the Statement of Financial
Accounting Standards No. 159 (or any similar accounting principle) permitting a Person to value its financial liabilities or Indebtedness at the fair value thereof, and (b) the term “unqualified opinion” as used herein to refer
to opinions or reports provided by accountants shall mean an opinion or report that is (i) unqualified, and (ii) does not include any explanation, supplemental comment, or other comment concerning the ability of the applicable Person to
continue as a going concern or concerning the scope of the audit. Notwithstanding anything to the contrary contained herein, all financial covenants, basket amounts and ratios contained herein or in any other Loan Document shall be calculated
without giving effect to any changes in GAAP after the Closing Date that would require lease obligations that were treated as operating leases under GAAP as in effect on the Closing Date to be classified and accounted for as capital leases or
otherwise reflected as Indebtedness on the Borrower’s consolidated balance sheet. 
 1.3 Code. Any terms used in this Agreement
that are defined in the Code shall be construed and defined as set forth in the Code unless otherwise defined herein; provided, that to the extent that the Code is used to 

 
define any term herein and such term is defined differently in different Articles of the Code, the definition of such term contained in Article 9 of the Code shall govern. 

1.4 Construction. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, references to the plural
include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by
the phrase “and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement or any other Loan Document refer to this Agreement or such other Loan Document, as the
case may be, as a whole and not to any particular provision of this Agreement or such other Loan Document, as the case may be. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any
reference in this Agreement or in any other Loan Document to any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements,
thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties. Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in
full of the Obligations shall mean (a) the payment or repayment in full in immediately available funds of (i) the principal amount of, and interest accrued and unpaid with respect to, all outstanding Loans, together with the payment of any
premium applicable to the repayment of the Loans, (ii) all Lender Group Expenses that have accrued and are unpaid regardless of whether demand has been made therefor, (iii) all fees or charges that have accrued hereunder or under any other
Loan Document (including the Letter of Credit Fee and the Unused Line Fee) and are unpaid, (b) in the case of contingent reimbursement obligations with respect to Letters of Credit, providing Letter of Credit Collateralization, (c) in the
case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization, (d) the receipt by Agent of cash collateral in order to secure any other contingent Obligations for which a claim or
demand for payment has been made on or prior to such time or in respect of matters or circumstances known to Agent or a Lender at such time that are reasonably expected to result in any loss, cost, damage, or expense (including attorneys fees and
legal expenses), such cash collateral to be in such amount as Agent reasonably determines is appropriate to secure such contingent Obligations, (e) the payment or repayment in full in immediately available funds of all other outstanding
Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a result of the repayment of the other Obligations) under Hedge Agreements provided by Hedge Providers), other than
(i) unasserted contingent indemnification Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to
be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider to remain outstanding without being required to be repaid, and (f) the termination of all of the Commitments
of the Lenders. Any reference herein to any Person shall be construed to include such Person’s successors and permitted assigns. Any requirement of a writing contained herein or in any other Loan Document shall be satisfied by the transmission
of a Record. 
 1.5 Time References. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, all
references to time of day refer to Pacific standard time or Pacific daylight saving time, as in effect in Los Angeles, California on such day. For purposes of the computation of a period of time from a specified date to a later specified date, the
word “from” means “from and including” and the words “to” and “until” each means “to and including”; provided that, with respect to a computation of fees or interest payable to Agent or any
Lender, such period shall in any event consist of at least one full day. 
 1.6 Schedules and Exhibits. All of the schedules and
exhibits attached to this Agreement shall be deemed incorporated herein by reference. 
 1.7 Pro Forma Calculations. Notwithstanding
anything to the contrary herein, the Senior Secured Net Leverage Ratio, the Consolidated Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated on a Pro Forma Basis with respect to each Specified Transaction occurring during the
applicable Measurement Period to 

  
 - 2 - 

 
which such calculation relates, and/or subsequent to the end of such Measurement Period but not later than the date of such calculation. 

2. LOANS AND TERMS OF PAYMENT. 
 2.1
Revolving Loans. 
 (a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Revolving
Lender agrees (severally, not jointly or jointly and severally) to make revolving loans (“Revolving Loans”) to Borrower in an amount at any one time outstanding not to exceed the lesser of: 

(i) such Lender’s Commitment, or 

(ii) such Lender’s Pro Rata Share of an amount equal to the lesser of: 

(A) the amount equal to (1) the Maximum Revolver Amount less (2) the sum of (y) the Letter of Credit Usage at such
time, plus (z) the principal amount of Swing Loans outstanding at such time, and 
 (B) the amount equal to (1) the
Borrowing Base as of such date (based upon the most recent Borrowing Base Certificate delivered by Borrower to Agent) less (2) the sum of (y) the Letter of Credit Usage at such time, plus (z) the principal amount of
Swing Loans outstanding at such time. 
 (b) Amounts borrowed pursuant to this Section 2.1 may be repaid and, subject to the
terms and conditions of this Agreement, reborrowed at any time during the term of this Agreement. The outstanding principal amount of the Revolving Loans, together with interest accrued and unpaid thereon, shall constitute Obligations and shall be
due and payable on the Maturity Date or, if earlier, on the date on which they are declared due and payable pursuant to the terms of this Agreement. 

(c) Anything to the contrary in this Section 2.1 notwithstanding, Agent shall have the right (but not the obligation), in the
exercise of its Permitted Discretion, to establish and increase or decrease Receivable Reserves, Inventory Reserves, Bank Product Reserves, Grower Payable Reserves and other Reserves against the Borrowing Base or the Maximum Revolver Amount;
provided however, that any Grower Payable Reserves shall only be used to decrease the Borrowing Base and shall not decrease the Maximum Revolver Amount. The amount of any Receivable Reserve, Inventory Reserve, Bank Product Reserve,
Grower Payable Reserve or other Reserve established by Agent shall have a reasonable relationship to the event, condition, other circumstance, or fact that is the basis for such reserve and shall not be duplicative of any other reserve established
and currently maintained. 
 2.2 Intentionally Omitted.  

2.3 Borrowing Procedures and Settlements.  

(a) Procedure for Borrowing Revolving Loans. Each Borrowing shall be made by a written request by an Authorized Person delivered to
Agent and received by Agent no later than 11:00 a.m. (i) on the Business Day that is the requested Funding Date in the case of a request for a Swing Loan, and (ii) on the Business Day that is 1 Business Day prior to the requested Funding
Date in the case of a request for a Base Rate Loan and 3 Business Days prior to the requested Funding Date in the case of a request for a LIBOR Rate Loan, specifying (A) the amount of such Borrowing, and (B) the requested Funding Date
(which shall be a Business Day); provided, that Agent may, in its sole discretion, elect to accept as timely requests that are received later than 11:00 a.m. on the applicable Business Day. At Agent’s election, in lieu of delivering the
above-described written request, any Authorized Person may give Agent telephonic notice of such request by the required time. In such circumstances, Borrower agrees that any such telephonic notice will be confirmed in writing within 24 hours of the

  
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giving of such telephonic notice, but the failure to provide such written confirmation shall not affect the validity of the request. 

(b) Making of Swing Loans. In the case of a request by the Borrower for a Revolving Loan that is a Swing Loan, and so long as either
(i) the aggregate amount of Swing Loans made since the last Settlement Date, minus all payments or other amounts applied to Swing Loans since the last Settlement Date, plus the amount of the requested Swing Loan does not exceed
$12,500,000 or (ii) Swing Lender, in its sole discretion, agrees to make a Swing Loan notwithstanding the foregoing limitation, Swing Lender shall make a Revolving Loan (any such Revolving Loan made by Swing Lender pursuant to this
Section 2.3(b) being referred to as a “Swing Loan” and all such Revolving Loans being referred to as “Swing Loans”) available to Borrower on the Funding Date applicable thereto by transferring
immediately available funds in the amount of such requested Borrowing to the Designated Account. Each Swing Loan shall be deemed to be a Revolving Loan hereunder and shall be subject to all the terms and conditions (including Section 3)
applicable to other Revolving Loans, except that all payments (including interest) on any Swing Loan shall be payable to Swing Lender solely for its own account. Subject to the provisions of Section 2.3(d)(ii), Swing Lender shall not
make and shall not be obligated to make any Swing Loan if Swing Lender has actual knowledge that (i) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for
the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such Funding Date. Swing Lender shall not otherwise be required to determine whether the applicable conditions precedent set forth in
Section 3 have been satisfied or waived on the Funding Date applicable thereto prior to making any Swing Loan. The Swing Loans shall be secured by Agent’s Liens, constitute Revolving Loans and Obligations, and bear interest at the
rate applicable from time to time to Revolving Loans that are Base Rate Loans. 
 (c) Making of Revolving Loans. 

(i) In the event a Revolving Loan that is not a Swing Loan is requested, or in the event that a Swing Loan is requested but Swing Lender is
not obligated or willing to make a Swing Loan, then after receipt of a request for a Borrowing pursuant to Section 2.3(a), Agent shall notify the Lenders by telecopy, telephone, email, or other electronic form of transmission, of the
requested Borrowing; such notification to be sent on the Business Day that is 1 Business Day prior to the requested Funding Date. If Agent has notified the Lenders of a requested Borrowing on the Business Day that is 1 Business Day prior to the
Funding Date, then each Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s Account, not later than 11:00 a.m. on the Business Day that is
the requested Funding Date. After Agent’s receipt of the proceeds of such Revolving Loans from the Lenders, Agent shall make the proceeds thereof available to Borrower on the applicable Funding Date by transferring immediately available funds
equal to such proceeds received by Agent to the Designated Account; provided, that, subject to the provisions of Section 2.3(d)(ii), no Lender shall have an obligation to make any Revolving Loan, if (1) one or more of the
applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing unless such condition has been waived, or (2) the requested Borrowing would exceed the
Availability on such Funding Date. 
 (ii) Unless Agent receives notice from a Lender prior to 9:30 a.m. on the Business Day that is the
requested Funding Date relative to a requested Borrowing as to which Agent has notified the Lenders of a requested Borrowing that such Lender will not make available as and when required hereunder to Agent for the account of Borrower the amount of
that Lender’s Pro Rata Share of the Borrowing, Agent may assume that each Lender has made or will make such amount available to Agent in immediately available funds on the Funding Date and Agent may (but shall not be so required), in reliance
upon such assumption, make available to Borrower a corresponding amount. If, on the requested Funding Date, any Lender shall not have remitted the full amount that it is required to make available to Agent in immediately available funds and if Agent
has made available to Borrower such amount on the requested Funding Date, then such Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s
Account, no later than 10:00 a.m. on the Business Day that is the first Business Day after the requested Funding Date (in 

  
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which case, the interest accrued on such Lender’s portion of such Borrowing for the Funding Date shall be for Agent’s separate account). If any Lender shall not remit the full amount
that it is required to make available to Agent in immediately available funds as and when required hereby and if Agent has made available to Borrower such amount, then that Lender shall be obligated to immediately remit such amount to Agent,
together with interest at the Defaulting Lender Rate for each day until the date on which such amount is so remitted. A notice submitted by Agent to any Lender with respect to amounts owing under this Section 2.3(c)(ii) shall be
conclusive, absent manifest error. If the amount that a Lender is required to remit is made available to Agent, then such payment to Agent shall constitute such Lender’s Revolving Loan for all purposes of this Agreement. If such amount is not
made available to Agent on the Business Day following the Funding Date, Agent will notify Borrower of such failure to fund and, upon demand by Agent, Borrower shall pay such amount to Agent for Agent’s account, together with interest thereon
for each day elapsed since the date of such Borrowing, at a rate per annum equal to the interest rate applicable at the time to the Revolving Loans composing such Borrowing. 

(d) Protective Advances and Optional Overadvances. 

(i) Any contrary provision of this Agreement or any other Loan Document notwithstanding, but subject to Section 2.3(d)(iv), at
any time (A) after the occurrence and during the continuance of a Default or an Event of Default, or (B) Borrower has requested a Revolving Loan and any of the other applicable conditions precedent set forth in Section 3 are
not satisfied, Agent hereby is authorized by Borrower and the Lenders, from time to time, in Agent’s sole discretion, to make Revolving Loans to, or for the benefit of, Borrower, on behalf of the Revolving Lenders, that Agent, in its Permitted
Discretion, deems necessary or desirable (1) to preserve or protect the Collateral, or any portion thereof, or (2) to enhance the likelihood of repayment of the Obligations (other than the Bank Product Obligations) (the Revolving Loans
described in this Section 2.3(d)(i) shall be referred to as “Protective Advances”). 
 (ii) Any contrary
provision of this Agreement or any other Loan Document notwithstanding, but subject to Section 2.3(d)(iv), the Lenders hereby authorize Agent or Swing Lender, as applicable, and either Agent or Swing Lender, as applicable, may, but is
not obligated to, knowingly and intentionally, continue to make Revolving Loans (including Swing Loans) to Borrower notwithstanding that an Overadvance exists or would be created thereby, so long as after giving effect to such Revolving Loans, the
outstanding Revolver Usage (except for and excluding amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) does not exceed the Maximum Revolver Amount. In the event Agent obtains actual knowledge that the Revolver Usage
exceeds the amounts permitted by the immediately foregoing provisions, regardless of the amount of, or reason for, such excess, Agent shall notify the Lenders as soon as practicable (and prior to making any (or any additional) intentional
Overadvances (except for and excluding amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) unless Agent determines that prior notice would result in imminent harm to the Collateral or its value, in which case Agent may
make such Overadvances and provide notice as promptly as practicable thereafter), and the Lenders with Commitments thereupon shall, together with Agent, jointly determine the terms of arrangements that shall be implemented with Borrower intended to
reduce, within a reasonable time, the outstanding principal amount of the Revolving Loans to Borrower to an amount permitted by the preceding sentence. In such circumstances, if any Lender with a Commitment objects to the proposed terms of reduction
or repayment of any Overadvance, the terms of reduction or repayment thereof shall be implemented according to the determination of the Required Lenders. The foregoing provisions are meant for the benefit of the Lenders and Agent and are not meant
for the benefit of Borrower, which shall continue to be bound by the provisions of Section 2.4(e)(i). Each Lender with a Commitment shall be obligated to settle with Agent as provided in Section 2.3(e) (or
Section 2.3(g), as applicable) for the amount of such Lender’s Pro Rata Share of any unintentional Overadvances by Agent reported to such Lender, any intentional Overadvances made as permitted under this
Section 2.3(d)(ii), and any Overadvances resulting from the charging to the Loan Account of interest, fees, or Lender Group Expenses. 

(iii) Each Protective Advance and each Overadvance (each, an “Extraordinary Advance”) shall be deemed to be a Revolving Loan
hereunder, except that no Extraordinary Advance shall be 

  
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eligible to be a LIBOR Rate Loan and, prior to Settlement therefor, all payments on the Extraordinary Advances shall be payable to Agent solely for its own account. The Extraordinary Advances
shall be repayable on demand, secured by Agent’s Liens, constitute Obligations hereunder, and bear interest at the rate applicable from time to time to Revolving Loans that are Base Rate Loans. The provisions of this Section 2.3(d)
are for the exclusive benefit of Agent, Swing Lender, and the Lenders and are not intended to benefit Borrower (or any other Loan Party) in any way. 

(iv) Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary: (A) no Extraordinary Advance may
be made by Agent if such Extraordinary Advance would cause the aggregate principal amount of Extraordinary Advances outstanding to exceed an amount equal to 10% of the Maximum Revolver Amount unless otherwise agreed by Required Lenders; and
(B) to the extent that the making of any Extraordinary Advance causes the aggregate Revolver Usage to exceed the Maximum Revolver Amount, such portion of such Extraordinary Advance shall be for Agent’s sole and separate account and not for
the account of any Lender and shall be entitled to priority in repayment in accordance with Section 2.4(b); provided that if at the time of the making of such Extraordinary Advance such Extraordinary Advance would cause the
aggregate Revolver Usage to exceed the Maximum Revolver Amount the making of such Extraordinary Advance shall be subject to the consent of Required Lenders. 

(e) Settlement. It is agreed that each Lender’s funded portion of the Revolving Loans is intended by the Lenders to equal, at all
times, such Lender’s Pro Rata Share of the outstanding Revolving Loans. Such agreement notwithstanding, Agent, Swing Lender, and the other Lenders agree (which agreement shall not be for the benefit of Borrower) that in order to facilitate the
administration of this Agreement and the other Loan Documents, settlement among the Lenders as to the Revolving Loans, the Swing Loans, and the Extraordinary Advances shall take place on a periodic basis in accordance with the following provisions:

 (i) Agent shall request settlement (“Settlement”) with the Lenders on a weekly basis, or on a more frequent basis if so
determined by Agent in its sole discretion (1) on behalf of Swing Lender, with respect to the outstanding Swing Loans, (2) for itself, with respect to the outstanding Extraordinary Advances, and (3) with respect to Borrower’s or
its Subsidiaries’ payments or other amounts received, as to each by notifying the Lenders by telecopy, telephone, or other similar form of transmission, of such requested Settlement, no later than 2:00 p.m. on the Business Day immediately prior
to the date of such requested Settlement (the date of such requested Settlement being the “Settlement Date”). Such notice of a Settlement Date shall include a summary statement of the amount of outstanding Revolving Loans, Swing
Loans, and Extraordinary Advances for the period since the prior Settlement Date. Subject to the terms and conditions contained herein (including Section 2.3(g)): (y) if the amount of the Revolving Loans (including Swing Loans, and
Extraordinary Advances) made by a Lender that is not a Defaulting Lender exceeds such Lender’s Pro Rata Share of the Revolving Loans (including Swing Loans, and Extraordinary Advances) as of a Settlement Date, then Agent shall, by no later than
12:00 p.m. on the Settlement Date, transfer in immediately available funds to a Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender shall, upon receipt of such amount, have as of the Settlement Date,
its Pro Rata Share of the Revolving Loans (including Swing Loans, and Extraordinary Advances), and (z) if the amount of the Revolving Loans (including Swing Loans, and Extraordinary Advances) made by a Lender is less than such Lender’s Pro
Rata Share of the Revolving Loans (including Swing Loans, and Extraordinary Advances) as of a Settlement Date, such Lender shall no later than 12:00 p.m. on the Settlement Date transfer in immediately available funds to Agent’s Account, an
amount such that each such Lender shall, upon transfer of such amount, have as of the Settlement Date, its Pro Rata Share of the Revolving Loans (including Swing Loans and Extraordinary Advances). Such amounts made available to Agent under clause
(z) of the immediately preceding sentence shall be applied against the amounts of the applicable Swing Loans or Extraordinary Advances and, together with the portion of such Swing Loans or Extraordinary Advances representing Swing Lender’s
Pro Rata Share thereof, shall constitute Revolving Loans of such Lenders. If any such amount is not made available to Agent by any Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent shall be entitled
to recover for its account such amount on demand from such Lender together with interest thereon at the Defaulting Lender Rate. 

  
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 (ii) In determining whether a Lender’s balance of the Revolving Loans, Swing Loans, and
Extraordinary Advances is less than, equal to, or greater than such Lender’s Pro Rata Share of the Revolving Loans, Swing Loans, and Extraordinary Advances as of a Settlement Date, Agent shall, as part of the relevant Settlement, apply to such
balance the portion of payments actually received in good funds by Agent with respect to principal, interest, fees payable by Borrower and allocable to the Lenders hereunder, and, subject to the Intercreditor Agreement, proceeds of Collateral. 

(iii) Between Settlement Dates, Agent, to the extent Extraordinary Advances or Swing Loans are outstanding, may pay over to Agent or Swing
Lender, as applicable, any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Revolving Loans, for application to the Extraordinary Advances or Swing Loans.
Between Settlement Dates, Agent, to the extent no Extraordinary Advances or Swing Loans are outstanding, may pay over to Swing Lender any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be
applied to the reduction of the Revolving Loans, for application to Swing Lender’s Pro Rata Share of the Revolving Loans. If, as of any Settlement Date, payments or other amounts of Borrower or its Subsidiaries received since the then
immediately preceding Settlement Date have been applied to Swing Lender’s Pro Rata Share of the Revolving Loans other than to Swing Loans, as provided for in the previous sentence, Swing Lender shall pay to Agent for the accounts of the
Lenders, and Agent shall pay to the Lenders (other than a Defaulting Lender if Agent has implemented the provisions of Section 2.3(g)), to be applied to the outstanding Revolving Loans of such Lenders, an amount such that each such
Lender shall, upon receipt of such amount, have, as of such Settlement Date, its Pro Rata Share of the Revolving Loans. During the period between Settlement Dates, Swing Lender with respect to Swing Loans, Agent with respect to Extraordinary
Advances, and each Lender with respect to the Revolving Loans other than Swing Loans and Extraordinary Advances, shall be entitled to interest at the applicable rate or rates payable under this Agreement on the daily amount of funds employed by
Swing Lender, Agent, or the Lenders, as applicable. 
 (iv) Anything in this Section 2.3(e) to the contrary notwithstanding, in
the event that a Lender is a Defaulting Lender, Agent shall be entitled to refrain from remitting settlement amounts to the Defaulting Lender and, instead, shall be entitled to elect to implement the provisions set forth in
Section 2.3(g). 
 (f) Notation. Agent, as a non-fiduciary agent for Borrower, shall maintain a register showing the
principal amount of the Revolving Loans owing to each Lender, including the Swing Loans owing to Swing Lender, and Extraordinary Advances owing to Agent, and the interests therein of each Lender, from time to time and such register shall, absent
manifest error, conclusively be presumed to be correct and accurate. 
 (g) Defaulting Lenders. 

(i) Notwithstanding the provisions of Section 2.4(b)(ii), Agent shall not be obligated to transfer to a Defaulting Lender any
payments made by Borrower to Agent for the Defaulting Lender’s benefit or any proceeds of Collateral that would otherwise be remitted hereunder to the Defaulting Lender, and, in the absence of such transfer to the Defaulting Lender, Agent shall
transfer any such payments (A) first, to Swing Lender to the extent of any Swing Loans that were made by Swing Lender and that were required to be, but were not, paid by the Defaulting Lender, (B) second, to Issuing Bank, to the extent of
the portion of a Letter of Credit Disbursement that was required to be, but was not, paid by the Defaulting Lender, (C) third, to each Non-Defaulting Lender ratably in accordance with their Commitments (but, in each case, only to the extent
that such Defaulting Lender’s portion of a Revolving Loan (or other funding obligation) was funded by such other Non-Defaulting Lender), (D) to a suspense account maintained by Agent, the proceeds of which shall be retained by Agent and
may be made available to be re-advanced to or for the benefit of Borrower (upon the request of Borrower and subject to the conditions set forth in Section 3.2) as if such Defaulting Lender had made its portion of Revolving Loans (or
other funding obligations) hereunder, and (E) from and after the date on which all other Obligations have been paid in full, to such Defaulting Lender in accordance with tier (L) of Section 2.4(b)(ii). Subject to the foregoing,
Agent may hold and, in its discretion, re-lend to Borrower for the account of such Defaulting Lender the amount of all such payments received 

  
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and retained by Agent for the account of such Defaulting Lender. Solely for the purposes of voting or consenting to matters with respect to the Loan Documents (including the calculation of Pro
Rata Share in connection therewith) and for the purpose of calculating the fee payable under Section 2.10(b), such Defaulting Lender shall be deemed not to be a “Lender” and such Lender’s Commitment shall be deemed to be
zero; provided, that the foregoing shall not apply to any of the matters governed by Section 15.1(a)(i) through (iv). The provisions of this Section 2.3(g) shall remain effective with respect to such Defaulting
Lender until the earlier of (y) the date on which all of the Non-Defaulting Lenders, Agent, Issuing Bank, and Borrower shall have waived, in writing, the application of this Section 2.3(g) to such Defaulting Lender, or (z) the
date on which such Defaulting Lender makes payment of all amounts that it was obligated to fund hereunder, pays to Agent all amounts owing by Defaulting Lender in respect of the amounts that it was obligated to fund hereunder, and, if requested by
Agent, provides adequate assurance of its ability to perform its future obligations hereunder (on which earlier date, so long as no Event of Default has occurred and is continuing, any remaining cash collateral held by Agent pursuant to
Section 2.3(g)(ii) shall be released to Borrower). The operation of this Section 2.3(g) shall not be construed to increase or otherwise affect the Commitment of any Lender, to relieve or excuse the performance by such
Defaulting Lender or any other Lender of its duties and obligations hereunder, or to relieve or excuse the performance by Borrower of its duties and obligations hereunder to Agent, Issuing Bank, or to the Lenders other than such Defaulting Lender.
Any failure by a Defaulting Lender to fund amounts that it was obligated to fund hereunder shall constitute a material breach by such Defaulting Lender of this Agreement and shall entitle Borrower, at its option, upon written notice to Agent, to
arrange for a substitute Lender to assume the Commitment of such Defaulting Lender, such substitute Lender to be reasonably acceptable to Agent. In connection with the arrangement of such a substitute Lender, the Defaulting Lender shall have no
right to refuse to be replaced hereunder, and agrees to execute and deliver a completed form of Assignment and Acceptance in favor of the substitute Lender (and agrees that it shall be deemed to have executed and delivered such document if it fails
to do so) subject only to being paid its share of the outstanding Obligations (other than Bank Product Obligations, but including (1) all interest, fees, and other amounts that may be due and payable in respect thereof, and (2) an
assumption of its Pro Rata Share of its participation in the Letters of Credit); provided, that any such assumption of the Commitment of such Defaulting Lender shall not be deemed to constitute a waiver of any of the Lender Groups’ or
Borrower’s rights or remedies against any such Defaulting Lender arising out of or in relation to such failure to fund. In the event of a direct conflict between the priority provisions of this Section 2.3(g) and any other provision
contained in this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual,
irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of this Section 2.3(g) shall control and govern. 

(ii) If any Swing Loan or Letter of Credit is outstanding at the time that a Lender becomes a Defaulting Lender then: 

(A) such Defaulting Lender’s Swing Loan Exposure and Letter of Credit Exposure shall be reallocated among the Non-Defaulting Lenders in
accordance with their respective Pro Rata Shares but only to the extent (x) the sum of all Non-Defaulting Lenders’ Revolving Loan Exposures plus such Defaulting Lender’s Swing Loan Exposure and Letter of Credit Exposure does not
exceed the total of all Non-Defaulting Lenders’ Commitments and (y) the conditions set forth in Section 3.2 are satisfied at such time; 

(B) if the reallocation described in clause (A) above cannot, or can only partially, be effected, Borrower shall within one Business Day
following notice by the Agent (x) first, prepay such Defaulting Lender’s Swing Loan Exposure (after giving effect to any partial reallocation pursuant to clause (A) above) and (y) second, cash collateralize such Defaulting
Lender’s Letter of Credit Exposure (after giving effect to any partial reallocation pursuant to clause (A) above), pursuant to a cash collateral agreement to be entered into in form and substance reasonably satisfactory to the Agent, for
so long as such Letter of Credit Exposure is outstanding; provided, that Borrower shall not be obligated to cash collateralize any Defaulting Lender’s Letter of Credit Exposure if such Defaulting Lender is also the Issuing Bank; 

  
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 (C) if Borrower cash collateralizes any portion of such Defaulting Lender’s Letter of
Credit Exposure pursuant to this Section 2.3(g)(ii), Borrower shall not be required to pay any Letter of Credit Fees to Agent for the account of such Defaulting Lender pursuant to Section 2.6(b) with respect to such cash
collateralized portion of such Defaulting Lender’s Letter of Credit Exposure during the period such Letter of Credit Exposure is cash collateralized; 

(D) to the extent the Letter of Credit Exposure of the Non-Defaulting Lenders is reallocated pursuant to this Section 2.3(g)(ii),
then the Letter of Credit Fees payable to the Non-Defaulting Lenders pursuant to Section 2.6(b) shall be adjusted in accordance with such Non-Defaulting Lenders’ Letter of Credit Exposure; 

(E) to the extent any Defaulting Lender’s Letter of Credit Exposure is neither cash collateralized nor reallocated pursuant to this
Section 2.3(g)(ii), then, without prejudice to any rights or remedies of the Issuing Bank or any Lender hereunder, all Letter of Credit Fees that would have otherwise been payable to such Defaulting Lender under
Section 2.6(b) with respect to such portion of such Letter of Credit Exposure shall instead be payable to the Issuing Bank until such portion of such Defaulting Lender’s Letter of Credit Exposure is cash collateralized or
reallocated; 
 (F) so long as any Lender is a Defaulting Lender, the Swing Lender shall not be required to make any Swing Loan and the
Issuing Bank shall not be required to issue, amend, or increase any Letter of Credit, in each case, to the extent (x) the Defaulting Lender’s Pro Rata Share of such Swing Loans or Letter of Credit can not be reallocated pursuant to this
Section 2.3(g)(ii) or (y) the Swing Lender or Issuing Bank, as applicable, has not otherwise entered into arrangements reasonably satisfactory to the Swing Lender or Issuing Bank, as applicable, and Borrower to eliminate the Swing
Lender’s or Issuing Bank’s risk with respect to the Defaulting Lender’s participation in Swing Loans or Letters of Credit; and 

(G) Agent may release any cash collateral provided by Borrower pursuant to this Section 2.3(g)(ii) to the Issuing Bank and the
Issuing Bank may apply any such cash collateral to the payment of such Defaulting Lender’s Pro Rata Share of any Letter of Credit Disbursement that is not reimbursed by Borrower pursuant to Section 2.11(d). 

(h) Independent Obligations. All Revolving Loans (other than Swing Loans and Extraordinary Advances) shall be made by the Lenders
contemporaneously and in accordance with their Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Revolving Loan (or other extension of credit)
hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any failure by any other Lender to perform its obligations hereunder, and (ii) no failure by any Lender to perform its obligations hereunder shall excuse
any other Lender from its obligations hereunder. 
 2.4 Payments; Reductions of Commitments; Prepayments. 

(a) Payments by Borrower. 

(i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Agent’s Account for the account of the
Lender Group and shall be made in immediately available funds, no later than 1:30 p.m. on the date specified herein. Any payment received by Agent later than 1:30 p.m. shall be deemed to have been received (unless Agent, in its sole discretion,
elects to credit it on the date received) on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day. 

(ii) Unless Agent receives notice from Borrower prior to the date on which any payment is due to the Lenders that Borrower will not make such
payment in full as and when required, Agent may 

  
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assume that Borrower has made (or will make) such payment in full to Agent on such date in immediately available funds and Agent may (but shall not be so required), in reliance upon such
assumption, distribute to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent Borrower does not make such payment in full to Agent on the date when due, each Lender severally shall repay to Agent on
demand such amount distributed to such Lender, together with interest thereon at the Defaulting Lender Rate for each day from the date such amount is distributed to such Lender until the date repaid. 

(b) Apportionment and Application. 

(i) So long as no Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting
Lenders, all principal and interest payments received by Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each Lender) and all payments of fees
and expenses received by Agent (other than fees or expenses that are for Agent’s separate account or for the separate account of Issuing Bank) shall be apportioned ratably among the Lenders having a Pro Rata Share of the type of Commitment or
Obligation to which a particular fee or expense relates. Subject to Section 2.4(b)(iv) and Section 2.4(e), all payments to be made hereunder by Borrower shall be remitted to Agent and all such payments, and, subject to the
Intercreditor Agreement, all proceeds of Collateral received by Agent, shall be applied, so long as no Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting Lenders, to reduce the balance
of the Revolving Loans outstanding and, thereafter, to Borrower (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 

(ii) At any time that an Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting
Lenders, all payments remitted to Agent and all proceeds of Collateral received by Agent shall, subject to the Intercreditor Agreement, be applied as follows: 

(A) first, to pay any Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to Agent under the Loan
Documents, until paid in full, 
 (B) second, to pay any fees or expenses then due to Agent under the Loan Documents until paid in
full, 
 (C) third, to pay interest due in respect of all Protective Advances until paid in full, 

(D) fourth, to pay the principal of all Protective Advances until paid in full, 

(E) fifth, ratably, to pay any Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to any of the
Lenders under the Loan Documents, until paid in full, 
 (F) sixth, ratably, to pay any fees or expenses then due to any of the
Lenders under the Loan Documents until paid in full, 
 (G) seventh, to pay interest accrued in respect of the Swing Loans until
paid in full, 
 (H) eighth, to pay the principal of all Swing Loans until paid in full, 

(I) ninth, ratably, to pay interest accrued in respect of the Revolving Loans (other than Protective Advances) until paid in full,

 (J) tenth, ratably 

  
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 i. ratably, to pay the principal of all Revolving Loans until paid in full, 

ii. to Agent, to be held by Agent, for the benefit of Issuing Bank (and for the ratable benefit of each of the Lenders that have an
obligation to pay to Agent, for the account of Issuing Bank, a share of each Letter of Credit Disbursement), as cash collateral in an amount up to 105% of the Letter of Credit Usage (to the extent permitted by applicable law, such cash collateral
shall be applied to the reimbursement of any Letter of Credit Disbursement as and when such disbursement occurs and, if a Letter of Credit expires undrawn, the cash collateral held by Agent in respect of such Letter of Credit shall, to the extent
permitted by applicable law, be reapplied pursuant to this Section 2.4(b)(ii), beginning with tier (A) hereof), 
 iii.
ratably, up to the lesser of (y) the amount (after taking into account any amounts previously paid pursuant to this clause iii. during the continuation of the applicable Application Event) of the most recently established Bank Product Reserve
and (z) $10,000,000 in the aggregate (after taking into account any amounts previously paid pursuant to this clause iii. during the continuation of the applicable Application Event), to (I) the Bank Product Providers based upon amounts
then certified by the applicable Bank Product Provider to Agent (in form and substance satisfactory to Agent) to be due and payable to such Bank Product Providers on account of Bank Product Obligations, and (II) with any balance to be paid to Agent,
to be held by Agent, for the ratable benefit of the Bank Product Providers, as cash collateral (which cash collateral may be released by Agent to the applicable Bank Product Provider and applied by such Bank Product Provider to the payment or
reimbursement of any amounts due and payable with respect to Bank Product Obligations owed to the applicable Bank Product Provider as and when such amounts first become due and payable and, if and at such time as all such Bank Product Obligations
are paid or otherwise satisfied in full, the cash collateral held by Agent in respect of such Bank Product Obligations shall be reapplied pursuant to this Section 2.4(b)(ii), beginning with tier (A) hereof, 

(K) eleventh, to pay any other Obligations other than Obligations owed to Defaulting Lenders, 

(L) twelfth, ratably to pay any Obligations owed to Defaulting Lenders; and 

(M) thirteenth, to Borrower (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 

Excluded Swap Obligations with respect to any Loan Party shall not be paid with amounts received from such Loan Party or such Loan
Party’s assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations otherwise set forth above in this Section 2.4(b)(ii). 

(iii) Agent promptly shall distribute to each Lender, pursuant to the applicable wire instructions received from each Lender in writing, such
funds as it may be entitled to receive, subject to a Settlement delay as provided in Section 2.3(e). 
 (iv) In each instance,
so long as no Application Event has occurred and is continuing, Section 2.4(b)(i) shall not apply to any payment made by Borrower to Agent and specified by Borrower to be for the payment of specific Obligations then due and payable (or
prepayable) under any provision of this Agreement or any other Loan Document. 
 (v) For purposes of Section 2.4(b)(ii),
“paid in full” of a type of Obligation means payment in cash or immediately available funds of all amounts owing on account of such type of Obligation, including interest accrued after the commencement of any Insolvency Proceeding, default
interest, interest on 

  
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interest, and expense reimbursements, irrespective of whether any of the foregoing would be or is allowed or disallowed in whole or in part in any Insolvency Proceeding. 

(vi) In the event of a direct conflict between the priority provisions of this Section 2.4 and any other provision contained in
this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable
conflict that cannot be resolved as aforesaid, if the conflict relates to the provisions of Section 2.3(g) and this Section 2.4, then the provisions of Section 2.3(g) shall control and govern, and if otherwise,
then the terms and provisions of this Section 2.4 shall control and govern. 
 (c) Reduction of Commitments. The
Commitments shall terminate on the Maturity Date. Borrower may reduce the Commitments, without premium or penalty, to an amount (which may be zero) not less than the sum of (A) the Revolver Usage as of such date, plus (B) the principal
amount of all Revolving Loans not yet made as to which a request has been given by Borrower under Section 2.3(a), plus (C) the amount of all Letters of Credit not yet issued as to which a request has been given by Borrower pursuant
to Section 2.11(a). Each such reduction shall be in an amount which is not less than $1,000,000 (unless the Commitments are being reduced to zero and the amount of the Commitments in effect immediately prior to such reduction are less
than $1,000,000), shall be made by providing not less than 5 Business Days prior written notice to Agent, and shall be irrevocable. Once reduced, the Commitments may not be increased. Each such reduction of the Commitments shall reduce the
Commitments of each Lender proportionately in accordance with its ratable share thereof. 
 (d) Optional Prepayments. Borrower may
prepay the principal of any Revolving Loan at any time in whole or in part, without premium or penalty. 
 (e) Mandatory Prepayments.

 (i) Borrowing Base. If, at any time, (A) the Revolver Usage on such date exceeds (B) the Borrowing Base reflected in
the Borrowing Base Certificate most recently delivered by Borrower to Agent, then Borrower shall immediately prepay the Obligations in accordance with Section 2.4(f) in an aggregate amount equal to the amount of such excess. 

(ii) Dispositions. If the Borrower or any of its Subsidiaries Disposes of any property (other than any Disposition of any property
permitted by Section 7.5 (except pursuant to Section 7.5(g), Section 7.5(h), 7.5(l) or Section 7.5(n)), subject to the Intercreditor Agreement, the Borrower shall prepay the Obligations in
accordance with Section 2.4(f) in an aggregate principal amount equal to 100% of the Net Cash Proceeds received from such Disposition no later than ten Business Days following receipt thereof by such Person; provided that any such
Net Cash Proceeds shall only be required to be so applied to repay the Loans to the extent not reinvested in property that is useful in the business of the Borrower and its Subsidiaries within 18 months of the date of such Disposition or
contractually agreed to be so reinvested within such 18 month period and actually reinvested within 24 months of the date of such Disposition (it being understood that such prepayment shall be due no later than two Business Days following the
expiration of such 18 month period or 24 month period, as applicable, to the extent the Net Cash Proceeds are not reinvested at such time); provided further that pending any such reinvestment (or repayment) all such Net Cash Proceeds
are deposited in a Deposit Account subject to a Control Agreement. 
 (iii) Extraordinary Receipts. Upon any Extraordinary Receipt
received by or paid to or for the account of the Borrower or any of its Subsidiaries, and not otherwise included in clause (ii) of this Section 2.4(e), other than Excluded Extraordinary Receipts, subject to the Intercreditor
Agreement, the Borrower shall prepay the Obligations in accordance with Section 2.4(f) in an aggregate principal amount equal to 100% of the Net Cash Proceeds received therefrom within two Business Days of receipt thereof by the Borrower
or such Subsidiary. 

  
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 (f) Application of Payments. Each prepayment pursuant to
Section 2.4(e) shall, (A) so long as no Application Event shall have occurred and be continuing, be applied, first, to the outstanding principal amount of the Revolving Loans until paid in full, and second, to
cash collateralize the Letters of Credit in an amount equal to 105% of the then outstanding Letter of Credit Usage and (B) if an Application Event shall have occurred and be continuing, subject to the Intercreditor Agreement, be applied in the
manner set forth in Section 2.4(b)(ii). 
 2.5 Promise to Pay; Promissory Notes. 

(a) Borrower agrees to pay the Lender Group Expenses on the earlier of (i) the last day of the month following the date on which the
applicable Lender Group Expenses were first incurred or (ii) the Business Day following the date on which demand therefor is made by Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to
the Loan Account pursuant to the provisions of Section 2.6(d) shall be deemed to constitute a demand for payment thereof for the purposes of this subclause (ii)). Borrower promises to pay all of the Obligations (including principal,
interest, premiums, if any, fees, costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the Obligations (other than the Bank Product Obligations) become due and payable pursuant to
the terms of this Agreement. Borrower agrees that its obligations contained in the first sentence of this Section 2.5(a) shall survive payment or satisfaction in full of all other Obligations. 

(b) Any Lender may request that any portion of its Commitments or the Loans made by it be evidenced by one or more promissory notes. In such
event, Borrower shall execute and deliver to such Lender the requested promissory notes payable to such Lender (or its registered assigns) in a form furnished by Agent and reasonably satisfactory to Borrower. Thereafter, the portion of the
Commitments and Loans evidenced by such promissory notes and interest thereon shall at all times be represented by one or more promissory notes in such form payable to the payee named therein. 

2.6 Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations. 

(a) Interest Rates. Except as provided in Section 2.6(c), all Obligations (except for undrawn Letters of Credit) that have
been charged to the Loan Account pursuant to the terms hereof shall bear interest as follows: 
 (i) if the relevant Obligation is a LIBOR
Rate Loan, at a per annum rate equal to the LIBOR Rate plus the LIBOR Rate Margin, and 
 (ii) otherwise, at a per annum rate
equal to the Base Rate plus the Base Rate Margin. 
 (b) Letter of Credit Fee. Borrower shall pay Agent (for the ratable benefit of
the Revolving Lenders), a Letter of Credit fee (the “Letter of Credit Fee”) (which fee shall be in addition to the fronting fees and commissions, other fees, charges and expenses set forth in Section 2.11(k)) that shall
accrue at a per annum rate equal to the LIBOR Rate Margin times the undrawn amount of all outstanding Letters of Credit. 
 (c)
Default Rate. Upon the occurrence and during the continuation of an Event of Default and at the election of Agent or the Required Lenders, 

(i) all Obligations (except for undrawn Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear
interest at a per annum rate equal to 2 percentage points above the per annum rate otherwise applicable thereunder, and 
 (ii) the
Letter of Credit Fee shall be increased to 2 percentage points above the per annum rate otherwise applicable hereunder. 

  
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 (d) Payment. Except to the extent provided to the contrary in Section 2.10,
Section 2.11(k) or Section 2.12(a), (i) all interest accruing on LIBOR Rate Loans shall be due and payable on the last day of each relevant Interest Period and, if the case of any Interest Period longer than three
(3) months, on each successive date three (3) months after the first day of such Interest Period, (ii) all interest accruing on Base Rate Loans, all Letter of Credit Fees and all other fees payable hereunder or under any of the other
Loan Documents shall be due and payable, in arrears, on the last day of each calendar quarter, commencing on March 31, 2014 and (iii) all costs and expenses payable hereunder or under any of the other Loan Documents, and all Lender Group
Expenses shall be due and payable on the earlier of (x) the last day of the month following the date on which the applicable costs, expenses, or Lender Group Expenses were first incurred or (y) the Business Day following the date on which
demand therefor is made by Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to the Loan Account pursuant to the provisions of the following sentence shall be deemed to constitute a demand for
payment thereof for the purposes of this subclause (y)). Borrower hereby authorizes Agent, from time to time without prior notice to Borrower, to charge to the Loan Account (A) on the last day of each applicable Interest Period, all interest
accrued during such Interest Period on LIBOR Rate Loans hereunder, (B) on the last day of each calendar quarter, all interest accrued during the prior month on the Base Rate Loans hereunder, (C) on the last day of each calendar quarter,
all Letter of Credit Fees accrued or chargeable hereunder during the prior month, (D) as and when incurred or accrued, all fees and costs provided for in Section 2.10 (a) or (c), (E) on the last day of each calendar
quarter, the Unused Line Fee accrued during the prior month pursuant to Section 2.10(b), (F) as and when due and payable, all other fees payable hereunder or under any of the other Loan Documents, (G) as and when incurred or
accrued, the fronting fees and all commissions, other fees, charges and expenses provided for in Section 2.11(k), (H) as and when incurred or accrued, all other Lender Group Expenses, and (I) as and when due and payable all
other payment obligations payable under any Loan Document. All amounts (including interest, fees, costs, expenses, Lender Group Expenses, or other amounts payable hereunder or under any other Loan Document) charged to the Loan Account shall
thereupon constitute Revolving Loans hereunder, shall constitute Obligations hereunder, and shall initially accrue interest at the rate then applicable to Revolving Loans that are Base Rate Loans (unless and until converted into LIBOR Rate Loans in
accordance with the terms of this Agreement). 
 (e) Computation. All interest and fees chargeable under the Loan Documents shall be
computed on the basis of a 360 day year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue; provided that interest for the Base Rate Loans shall be computed on the basis of a 365 or 366
day year, as applicable, for the actual number of days elapsed in the period during which such interest accrues. In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate
automatically and immediately shall be increased or decreased by an amount equal to such change in the Base Rate. 
 (f) Intent to Limit
Charges to Maximum Lawful Rate. In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent
jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it;
provided, that, anything contained herein to the contrary notwithstanding, if such rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement,
Borrower is and shall be liable only for the payment of such maximum amount as is allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the
Obligations to the extent of such excess. 
 2.7 Crediting Payments. The receipt of any payment item by Agent shall not be required
to be considered a payment on account unless such payment item is a wire transfer of immediately available federal funds made to Agent’s Account or unless and until such payment item is honored when presented for payment. Should any payment
item not be honored when presented for payment, then Borrower shall be deemed not to have made such payment and interest shall be calculated accordingly. Anything to the contrary contained herein 

  
 - 14 - 

 
notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before 1:30 p.m. If any payment item is received into
Agent’s Account on a non-Business Day or after 1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the date received), it shall be deemed to have been received by Agent as of the opening of business on the
immediately following Business Day. 
 2.8 Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is
authorized to issue the Letters of Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrower
agrees to establish and maintain the Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrower and made by Agent or the Lenders hereunder. Unless otherwise agreed by
Agent and Borrower, any Revolving Loan or Swing Loan requested by Borrower and made by Agent or the Lenders hereunder shall be made to the Designated Account. 

2.9 Maintenance of Loan Account; Statements of Obligations. Agent shall maintain an account on its books in the name of Borrower (the
“Loan Account”) on which Borrower will be charged with all Revolving Loans (including Extraordinary Advances and Swing Loans) made by Agent, Swing Lender, or the Lenders to Borrower or for Borrower’s account, fees on account of
the Letters of Credit issued or arranged by Issuing Bank for Borrower’s account, and with all other payment Obligations hereunder or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group Expenses. In
accordance with Section 2.7, the Loan Account will be credited with all payments received by Agent from Borrower or for Borrower’s account. Agent shall make available to Borrower monthly statements regarding the Loan Account,
including the principal amount of the Revolving Loans, interest accrued hereunder, fees accrued or charged hereunder or under the other Loan Documents, and a summary itemization of all charges and expenses constituting Lender Group Expenses accrued
hereunder or under the other Loan Documents, and each such statement, absent manifest error, shall be conclusively presumed to be correct and accurate and constitute an account stated between Borrower and the Lender Group unless, within 30 days
after Agent first makes such a statement available to Borrower, Borrower shall deliver to Agent written objection thereto describing the error or errors contained in such statement. 

2.10 Fees.  
 (a)
Agent Fees. Borrower shall pay to Agent, for the account of Agent, as and when due and payable under the terms of the Fee Letter, the fees set forth in the Fee Letter. 

(b) Unused Line Fee. Borrower shall pay to Agent, for the ratable account of the Revolving Lenders, an unused line fee (the
“Unused Line Fee”) in an amount equal to the Applicable Unused Line Fee Percentage per annum times the result of (i) the aggregate amount of the Commitments, less (ii) the average amount of the Revolver Usage during
the immediately preceding quarter (or portion thereof), which Unused Line Fee shall be due and payable on the last day of each calendar quarter from and after the Closing Date up to the last day of the quarter prior to the date on which the
Obligations are paid in full and on the date on which the Obligations are paid in full. 
 (c) Field Examination and Other Fees.
Borrower shall pay to Agent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and
lodging) for each field examination of Borrower performed by personnel employed by Agent, and (ii) the fees or charges paid or incurred by Agent (but, in any event, no less than a charge of $1,000 per day, per Person, plus out-of-pocket
expenses (including travel, meals, and lodging)) if it elects to employ the services of one or more third Persons to perform field examinations of Borrower or its Subsidiaries, to establish electronic collateral reporting systems, to appraise the
Collateral, or any portion thereof, or to assess Borrower’s or its Subsidiaries’ business valuation; provided, that (i) so long as no Event of Default shall have occurred and be continuing, Borrower shall not be obligated to
reimburse Agent for more than two (2) field examinations during any calendar year and (ii) so long as no Event of Default 

  
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shall have occurred and be continuing and Excess Availability exceeds 25% of the Maximum Revolver Amount at all times during such calendar year, Borrower shall not be obligated to reimburse Agent
for more than one (1) appraisal of Inventory during any calendar year. 
 2.11 Letters of Credit. 

(a) Subject to the terms and conditions of this Agreement, upon the request of Borrower made in accordance herewith, and prior to the Maturity
Date, Issuing Bank agrees to issue a requested Letter of Credit for the account of Borrower. By submitting a request to Issuing Bank for the issuance of a Letter of Credit, Borrower shall be deemed to have requested that Issuing Bank issue the
requested Letter of Credit. Each request for the issuance of a Letter of Credit, or the amendment, renewal, or extension of any outstanding Letter of Credit, shall be irrevocable and shall be made in writing by an Authorized Person and delivered to
Issuing Bank via telefacsimile or other electronic method of transmission reasonably acceptable to Issuing Bank and reasonably in advance of the requested date of issuance, amendment, renewal, or extension. Each such request shall be in form and
substance reasonably satisfactory to Issuing Bank and (i) shall specify (A) the amount of such Letter of Credit, (B) the date of issuance, amendment, renewal, or extension of such Letter of Credit, (C) the proposed expiration
date of such Letter of Credit, (D) the name and address of the beneficiary of the Letter of Credit, and (E) such other information (including, the conditions to drawing, and, in the case of an amendment, renewal, or extension,
identification of the Letter of Credit to be so amended, renewed, or extended) as shall be necessary to prepare, amend, renew, or extend such Letter of Credit, and (ii) shall be accompanied by such Issuer Documents as Agent or Issuing Bank may
request or require, to the extent that such requests or requirements are consistent with the Issuer Documents that Issuing Bank generally requests for Letters of Credit in similar circumstances. Bank’s records of the content of any such request
will be conclusive. Anything contained herein to the contrary notwithstanding, Issuing Bank may, but shall not be obligated to, issue a Letter of Credit that supports the obligations of Borrower or its Subsidiaries in respect of (x) a lease of
real property to the extent that the face amount of such Letter of Credit exceeds the highest rent (including all rent-like charges) payable under such lease for a period of one year, or (y) an employment contract to the extent that the face
amount of such Letter of Credit exceeds the highest compensation payable under such contract for a period of one year. 
 (b) Issuing Bank
shall have no obligation to issue a Letter of Credit if any of the following would result after giving effect to the requested issuance: 

(i) the Letter of Credit Usage would exceed $20,000,000, or 

(ii) the Letter of Credit Usage would exceed the Maximum Revolver Amount less the outstanding amount of Revolving Loans (including
Swing Loans), or 
 (iii) the Letter of Credit Usage would exceed the Borrowing Base at such time less the outstanding principal
balance of the Revolving Loans (inclusive of Swing Loans) at such time. 
 (c) In the event there is a Defaulting Lender as of the date of
any request for the issuance of a Letter of Credit, Issuing Bank shall not be required to issue or arrange for such Letter of Credit to the extent (i) the Defaulting Lender’s Letter of Credit Exposure with respect to such Letter of Credit
may not be reallocated pursuant to Section 2.3(g)(ii), or (ii) Issuing Bank has not otherwise entered into arrangements reasonably satisfactory to it and Borrower to eliminate Issuing Bank’s risk with respect to the
participation in such Letter of Credit of the Defaulting Lender, which arrangements may include Borrower cash collateralizing such Defaulting Lender’s Letter of Credit Exposure in accordance with Section 2.3(g)(ii). Additionally,
Issuing Bank shall have no obligation to issue a Letter of Credit if (A) any order, judgment, or decree of any Governmental Authority or arbitrator shall, by its terms, purport to enjoin or restrain Issuing Bank from issuing such Letter of
Credit, or any law applicable to Issuing Bank or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over Issuing Bank shall prohibit or request that Issuing Bank refrain from the
issuance of letters of credit generally or such Letter of Credit in particular, (B) the issuance of such Letter 

  
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of Credit would violate one or more policies of Issuing Bank applicable to letters of credit generally, or (C) if amounts demanded to be paid under any Letter of Credit will or may not be in
United States Dollars. 
 (d) Any Issuing Bank (other than Wells Fargo or any of its Affiliates) shall notify Agent in writing no later than
the Business Day immediately following the Business Day on which such Issuing Bank issued any Letter of Credit; provided that (i) until Agent advises any such Issuing Bank that the provisions of Section 3.2 are not satisfied, or
(ii) unless the aggregate amount of the Letters of Credit issued in any such week exceeds such amount as shall be agreed by Agent and such Issuing Bank, such Issuing Bank shall be required to so notify Agent in writing only once each week of
the Letters of Credit issued by such Issuing Bank during the immediately preceding week as well as the daily amounts outstanding for the prior week, such notice to be furnished on such day of the week as Agent and such Issuing Bank may agree. Each
Letter of Credit shall be in form and substance reasonably acceptable to Issuing Bank, including the requirement that the amounts payable thereunder must be payable in Dollars. If Issuing Bank makes a payment under a Letter of Credit, Borrower shall
pay to Agent an amount equal to the applicable Letter of Credit Disbursement on the Business Day such Letter of Credit Disbursement is made and, in the absence of such payment, the amount of the Letter of Credit Disbursement immediately and
automatically shall be deemed to be a Revolving Loan hereunder (notwithstanding any failure to satisfy any condition precedent set forth in Section 3) and, initially, shall bear interest at the rate then applicable to Revolving Loans
that are Base Rate Loans. If a Letter of Credit Disbursement is deemed to be a Revolving Loan hereunder, Borrower’s obligation to pay the amount of such Letter of Credit Disbursement to Issuing Bank shall be automatically converted into an
obligation to pay the resulting Revolving Loan. Promptly following receipt by Agent of any payment from Borrower pursuant to this paragraph, Agent shall distribute such payment to Issuing Bank or, to the extent that Revolving Lenders have made
payments pursuant to Section 2.11(e) to reimburse Issuing Bank, then to such Revolving Lenders and Issuing Bank as their interests may appear. 

(e) Promptly following receipt of a notice of a Letter of Credit Disbursement pursuant to Section 2.11(d), each Revolving Lender
agrees to fund its Pro Rata Share of any Revolving Loan deemed made pursuant to Section 2.11(d) on the same terms and conditions as if Borrower had requested the amount thereof as a Revolving Loan and Agent shall promptly pay to Issuing
Bank the amounts so received by it from the Revolving Lenders. By the issuance of a Letter of Credit (or an amendment, renewal, or extension of a Letter of Credit) and without any further action on the part of Issuing Bank or the Revolving Lenders,
Issuing Bank shall be deemed to have granted to each Revolving Lender, and each Revolving Lender shall be deemed to have purchased, a participation in each Letter of Credit issued by Issuing Bank, in an amount equal to its Pro Rata Share of such
Letter of Credit, and each such Revolving Lender agrees to pay to Agent, for the account of Issuing Bank, such Revolving Lender’s Pro Rata Share of any Letter of Credit Disbursement made by Issuing Bank under the applicable Letter of Credit. In
consideration and in furtherance of the foregoing, each Revolving Lender hereby absolutely and unconditionally agrees to pay to Agent, for the account of Issuing Bank, such Revolving Lender’s Pro Rata Share of each Letter of Credit Disbursement
made by Issuing Bank and not reimbursed by Borrower on the date due as provided in Section 2.11(d), or of any reimbursement payment that is required to be refunded (or that Agent or Issuing Bank elects, based upon the advice of counsel,
to refund) to Borrower for any reason. Each Revolving Lender acknowledges and agrees that its obligation to deliver to Agent, for the account of Issuing Bank, an amount equal to its respective Pro Rata Share of each Letter of Credit Disbursement
pursuant to this Section 2.11(e) shall be absolute and unconditional and such remittance shall be made notwithstanding the occurrence or continuation of an Event of Default or Default or the failure to satisfy any condition set forth in
Section 3. If any such Revolving Lender fails to make available to Agent the amount of such Revolving Lender’s Pro Rata Share of a Letter of Credit Disbursement as provided in this Section, such Revolving Lender shall be deemed to
be a Defaulting Lender and Agent (for the account of Issuing Bank) shall be entitled to recover such amount on demand from such Revolving Lender together with interest thereon at the Defaulting Lender Rate until paid in full. 

(f) Borrower agrees to indemnify, defend and hold harmless each member of the Lender Group (including Issuing Bank and its branches,
Affiliates, and correspondents) and each such Person’s respective directors, officers, employees, attorneys and agents (each, including Issuing Bank, a “Letter of Credit Related Person”) (to the fullest extent permitted by law)
from and against any and all claims, demands, suits, actions, 

  
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investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses
actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are incurred and irrespective of whether suit is brought), which may be incurred by or awarded against any such Letter of
Credit Related Person (other than Taxes, which shall be governed by Section 16) (the “Letter of Credit Indemnified Costs”), and which arise out of or in connection with, or as a result of: 

(i) any Letter of Credit or any pre-advice of its issuance; 

(ii) any transfer, sale, delivery, surrender or endorsement of any Drawing Document at any time(s) held by any such Letter of Credit Related
Person in connection with any Letter of Credit; 
 (iii) any action or proceeding arising out of, or in connection with, any Letter of
Credit (whether administrative, judicial or in connection with arbitration), including any action or proceeding to compel or restrain any presentation or payment under any Letter of Credit, or for the wrongful dishonor of, or honoring a presentation
under, any Letter of Credit; 
 (iv) any independent undertakings issued by the beneficiary of any Letter of Credit; 

(v) any unauthorized instruction or request made to Issuing Bank in connection with any Letter of Credit or requested Letter of Credit or
error in computer or electronic transmission; 
 (vi) an adviser, confirmer or other nominated person seeking to be reimbursed, indemnified
or compensated; 
 (vii) any third party seeking to enforce the rights of an applicant, beneficiary, nominated person, transferee, assignee
of Letter of Credit proceeds or holder of an instrument or document; 
 (viii) the fraud, forgery or illegal action of parties other than
the Letter of Credit Related Person; 
 (ix) Issuing Bank’s performance of the obligations of a confirming institution or entity that
wrongfully dishonors a confirmation; or 
 (x) the acts or omissions, whether rightful or wrongful, of any present or future de jure or de
facto governmental or regulatory authority or cause or event beyond the control of the Letter of Credit Related Person; 
 in each case, including that
resulting from the Letter of Credit Related Person’s own negligence; provided, however, that such indemnity shall not be available to any Letter of Credit Related Person claiming indemnification under clauses (i) through
(x) above to the extent that such Letter of Credit Indemnified Costs may be finally determined in a final, non-appealable judgment of a court of competent jurisdiction to have resulted directly from the gross negligence or willful misconduct of
the Letter of Credit Related Person claiming indemnity. Borrower hereby agrees to pay the Letter of Credit Related Person claiming indemnity on demand from time to time all amounts owing under this Section 2.11(f). If and to the extent
that the obligations of Borrower under this Section 2.11(f) are unenforceable for any reason, Borrower agrees to make the maximum contribution to the Letter of Credit Indemnified Costs permissible under applicable law. This
indemnification provision shall survive termination of this Agreement and all Letters of Credit. 
 (g) The liability of Issuing Bank (or
any other Letter of Credit Related Person) under, in connection with or arising out of any Letter of Credit (or pre-advice), regardless of the form or legal grounds of the action or proceeding, shall be limited to direct damages suffered by Borrower
that are caused directly by Issuing Bank’s gross negligence or willful misconduct in (i) honoring a presentation under a Letter of Credit that 

  
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on its face does not at least substantially comply with the terms and conditions of such Letter of Credit, (ii) failing to honor a presentation under a Letter of Credit that strictly
complies with the terms and conditions of such Letter of Credit or (iii) retaining Drawing Documents presented under a Letter of Credit. Issuing Bank shall be deemed to have acted with due diligence and reasonable care if Issuing Bank’s
conduct is in accordance with Standard Letter of Credit Practice or in accordance with this Agreement. Borrower’s aggregate remedies against Issuing Bank and any Letter of Credit Related Person for wrongfully honoring a presentation under any
Letter of Credit or wrongfully retaining honored Drawing Documents shall in no event exceed the aggregate amount paid by Borrower to Issuing Bank in respect of the honored presentation in connection with such Letter of Credit under
Section 2.11(d), plus interest at the rate then applicable to Base Rate Loans hereunder. Borrower shall take reasonable action to avoid and mitigate the amount of any damages claimed against Issuing Bank or any other Letter of Credit
Related Person, including by enforcing its rights against the beneficiaries of the Letters of Credit. Any claim by Borrower under or in connection with any Letter of Credit shall be reduced by an amount equal to the sum of (x) the amount (if
any) saved by Borrower as a result of the breach or alleged wrongful conduct complained of; and (y) the amount (if any) of the loss that would have been avoided had Borrower taken reasonable steps to mitigate any loss, and in case of a claim of
wrongful dishonor, by specifically and timely authorizing Issuing Bank to effect a cure. 
 (h) Borrower is responsible for preparing or
approving the final text of the Letter of Credit as issued by Issuing Bank, irrespective of any assistance Issuing Bank may provide such as drafting or recommending text or by Issuing Bank’s use or refusal to use text submitted by Borrower.
Borrower is solely responsible for the suitability of the Letter of Credit for Borrower’s purposes. With respect to any Letter of Credit containing an “automatic amendment” to extend the expiration date of such Letter of Credit,
Issuing Bank, in its sole and absolute discretion, may give notice of nonrenewal of such Letter of Credit and, if Borrower does not at any time want such Letter of Credit to be renewed, Borrower will so notify Agent and Issuing Bank at least 15
calendar days before Issuing Bank is required to notify the beneficiary of such Letter of Credit or any advising bank of such nonrenewal pursuant to the terms of such Letter of Credit. 

(i) Borrower’s reimbursement and payment obligations under this Section 2.11 are absolute, unconditional and irrevocable and
shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever, including: 
 (i)
any lack of validity, enforceability or legal effect of any Letter of Credit or this Agreement or any term or provision therein or herein; 

(ii) payment against presentation of any draft, demand or claim for payment under any Drawing Document that does not comply in whole or in
part with the terms of the applicable Letter of Credit or which proves to be fraudulent, forged or invalid in any respect or any statement therein being untrue or inaccurate in any respect, or which is signed, issued or presented by a Person or a
transferee of such Person purporting to be a successor or transferee of the beneficiary of such Letter of Credit; 
 (iii) Issuing Bank or
any of its branches or Affiliates being the beneficiary of any Letter of Credit; 
 (iv) Issuing Bank or any correspondent honoring a
drawing against a Drawing Document up to the amount available under any Letter of Credit even if such Drawing Document claims an amount in excess of the amount available under the Letter of Credit; 

(v) the existence of any claim, set-off, defense or other right that Borrower or any other Person may have at any time against any
beneficiary, any assignee of proceeds, Issuing Bank or any other Person; 

  
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 (vi) any other event, circumstance or conduct whatsoever, whether or not similar to any of the
foregoing that might, but for this Section 2.11(i), constitute a legal or equitable defense to or discharge of, or provide a right of set-off against, Borrower’s reimbursement and other payment obligations and liabilities, arising
under, or in connection with, any Letter of Credit, whether against Issuing Bank, the beneficiary or any other Person; or 
 (vii) the fact
that any Default or Event of Default shall have occurred and be continuing; 
 provided, however, that subject to Section 2.11(g)
above, the foregoing shall not release Issuing Bank from such liability to Borrower as may be finally determined in a final, non-appealable judgment of a court of competent jurisdiction against Issuing Bank following reimbursement or payment of the
obligations and liabilities, including reimbursement and other payment obligations, of Borrower to Issuing Bank arising under, or in connection with, this Section 2.11 or any Letter of Credit. 

(j) Without limiting any other provision of this Agreement, Issuing Bank and each other Letter of Credit Related Person (if applicable) shall
not be responsible to Borrower for, and Issuing Bank’s rights and remedies against Borrower and the obligation of Borrower to reimburse Issuing Bank for each drawing under each Letter of Credit shall not be impaired by: 

(i) honor of a presentation under any Letter of Credit that on its face substantially complies with the terms and conditions of such Letter
of Credit, even if the Letter of Credit requires strict compliance by the beneficiary; 
 (ii) honor of a presentation of any Drawing
Document that appears on its face to have been signed, presented or issued (A) by any purported successor or transferee of any beneficiary or other Person required to sign, present or issue such Drawing Document or (B) under a new name of
the beneficiary; 
 (iii) acceptance as a draft of any written or electronic demand or request for payment under a Letter of Credit, even
if nonnegotiable or not in the form of a draft or notwithstanding any requirement that such draft, demand or request bear any or adequate reference to the Letter of Credit; 

(iv) the identity or authority of any presenter or signer of any Drawing Document or the form, accuracy, genuineness or legal effect of any
Drawing Document (other than Issuing Bank’s determination that such Drawing Document appears on its face substantially to comply with the terms and conditions of the Letter of Credit); 

(v) acting upon any instruction or request relative to a Letter of Credit or requested Letter of Credit that Issuing Bank in good faith
believes to have been given by a Person authorized to give such instruction or request; 
 (vi) any errors, omissions, interruptions or
delays in transmission or delivery of any message, advice or document (regardless of how sent or transmitted) or for errors in interpretation of technical terms or in translation or any delay in giving or failing to give notice to Borrower; 

(vii) any acts, omissions or fraud by, or the insolvency of, any beneficiary, any nominated person or entity or any other Person or any
breach of contract between the beneficiary and Borrower or any of the parties to the underlying transaction to which the Letter of Credit relates; 

(viii) assertion or waiver of any provision of the ISP or UCP that primarily benefits an issuer of a letter of credit, including any
requirement that any Drawing Document be presented to it at a particular hour or place; 

  
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 (ix) payment to any paying or negotiating bank (designated or permitted by the terms of the
applicable Letter of Credit) claiming that it rightfully honored or is entitled to reimbursement or indemnity under Standard Letter of Credit Practice applicable to it; 

(x) acting or failing to act as required or permitted under Standard Letter of Credit Practice applicable to where Issuing Bank has issued,
confirmed, advised or negotiated such Letter of Credit, as the case may be; 
 (xi) honor of a presentation after the expiration date of
any Letter of Credit notwithstanding that a presentation was made prior to such expiration date and dishonored by Issuing Bank if subsequently Issuing Bank or any court or other finder of fact determines such presentation should have been honored;

 (xii) dishonor of any presentation that does not strictly comply or that is fraudulent, forged or otherwise not entitled to honor; or

 (xiii) honor of a presentation that is subsequently determined by Issuing Bank to have been made in violation of international, federal,
state or local restrictions on the transaction of business with certain prohibited Persons. 
 (k) Borrower shall pay, immediately upon
demand, to Agent for the account of Issuing Bank as non-refundable fees, commissions, and charges (it being acknowledged and agreed that any charging of such fees, commissions and charges to the Loan Account pursuant to the provisions of
Section 2.6(d) shall be deemed to constitute a demand for payment thereof for the purposes of this Section 2.11(k)): (i) a fronting fee which shall be imposed by Issuing Bank upon the issuance of each Letter of Credit of
0.125% per annum of the face amount thereof, plus (ii) any and all other customary commissions, fees and charges then in effect imposed by, and any and all actual and reasonable expenses incurred by, Issuing Bank, or by any
adviser, confirming institution or entity or other nominated person, relating to Letters of Credit, at the time of issuance of any Letter of Credit and upon the occurrence of any other activity with respect to any Letter of Credit (including
transfers, assignments of proceeds, amendments, drawings, renewals or cancellations).
 (l) If by reason of (x) any Change in Law, or
(y) compliance by Issuing Bank or any other member of the Lender Group with any direction, request, or requirement (irrespective of whether having the force of law) of any Governmental Authority or monetary authority including, Regulation D of
the Board of Governors as from time to time in effect (and any successor thereto): 
 (i) any reserve, deposit, or similar requirement is
or shall be imposed or modified in respect of any Letter of Credit issued or caused to be issued hereunder or hereby, or 
 (ii) there
shall be imposed on Issuing Bank or any other member of the Lender Group any other condition regarding any Letter of Credit, 
 and the result of the
foregoing is to increase, directly or indirectly, the cost to Issuing Bank or any other member of the Lender Group of issuing, making, participating in, or maintaining any Letter of Credit or to reduce the amount receivable in respect thereof, then,
and in any such case, Agent may, at any time within a reasonable period after the additional cost is incurred or the amount received is reduced, notify Borrower, and Borrower shall pay within 30 days after demand therefor, such amounts as Agent may
specify to be necessary to compensate Issuing Bank or any other member of the Lender Group for such additional cost or reduced receipt, together with interest on such amount from the date of such demand until payment in full thereof at the rate then
applicable to Base Rate Loans hereunder; provided, that (A) Borrower shall not be required to provide any compensation pursuant to this Section 2.11(l) for any such amounts incurred more than 180 days prior to the date on
which the demand for payment of such amounts is first made to Borrower, and (B) if an event or circumstance giving rise to such amounts is 

  
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retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. The determination by Agent of any amount due pursuant to this
Section 2.11(l), as set forth in a certificate setting forth the calculation thereof in reasonable detail, shall, in the absence of manifest or demonstrable error, be final and conclusive and binding on all of the parties hereto. 

(m) Unless otherwise expressly agreed by Issuing Bank and Borrower when a Letter of Credit is issued, (i) the rules of the ISP and the
UCP shall apply to each standby Letter of Credit, and (ii) the rules of the UCP shall apply to each commercial Letter of Credit. 
 (n)
In the event of a direct conflict between the provisions of this Section 2.11 and any provision contained in any Issuer Document, it is the intention of the parties hereto that such provisions be read together and construed, to the
fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of this Section 2.11 shall control and govern. 

2.12 LIBOR Option. 
 (a)
Interest and Interest Payment Dates. In lieu of having interest charged at the rate based upon the Base Rate, Borrower shall have the option, subject to Section 2.12(b) below (the “LIBOR Option”) to have interest
on all or a portion of the Revolving Loans be charged (whether at the time when made (unless otherwise provided herein), upon conversion from a Base Rate Loan to a LIBOR Rate Loan, or upon continuation of a LIBOR Rate Loan as a LIBOR Rate Loan) at a
rate of interest based upon the LIBOR Rate. Interest on LIBOR Rate Loans shall be payable on the earliest of (i) the last day of the Interest Period applicable thereto; provided, that, subject to the following clauses (ii) and
(iii), in the case of any Interest Period greater than 3 months in duration, interest shall be payable at 3 month intervals after the commencement of the applicable Interest Period and on the last day of such Interest Period), (ii) the date on
which all or any portion of the Obligations are accelerated pursuant to the terms hereof, or (iii) the date on which this Agreement is terminated pursuant to the terms hereof. On the last day of each applicable Interest Period, unless Borrower
properly has exercised the LIBOR Option with respect thereto, the interest rate applicable to such LIBOR Rate Loan shall, unless an Event of Default has occurred and is continuing, automatically continue with a one-month Interest Period. At any time
that an Event of Default has occurred and is continuing Borrower no longer shall have the option to request that Revolving Loans bear interest at a rate based upon the LIBOR Rate. 

(b) LIBOR Election. 

(i) Borrower may, at any time and from time to time, so long as no Event of Default has occurred and is continuing, elect to exercise the
LIBOR Option by notifying Agent prior to 11:00 a.m. at least 3 Business Days prior to the commencement of the proposed Interest Period (the “LIBOR Deadline”). Notice of Borrower’s election of the LIBOR Option for a permitted
portion of the Revolving Loans and an Interest Period pursuant to this Section shall be made by delivery to Agent of a LIBOR Notice received by Agent before the LIBOR Deadline, or by telephonic notice received by Agent before the LIBOR Deadline (to
be confirmed by delivery to Agent of a LIBOR Notice received by Agent prior to 5:00 p.m. on the same day). Promptly upon its receipt of each such LIBOR Notice, Agent shall provide a copy thereof to each of the affected Lenders. 

(ii) Each LIBOR Notice shall be irrevocable and binding on Borrower. In connection with each LIBOR Rate Loan, Borrower shall indemnify,
defend, and hold Agent and the Lenders harmless against any loss, cost, or expense actually incurred by Agent or any Lender as a result of (A) the payment of any principal of any LIBOR Rate Loan other than on the last day of an Interest Period
applicable thereto (including as a result of an Event of Default), (B) the conversion of any LIBOR Rate Loan other than on the last day of the Interest Period applicable thereto, or (C) the failure to borrow, convert, continue or prepay
any LIBOR Rate Loan on the date specified in any LIBOR Notice delivered pursuant hereto (such losses, costs, or expenses, “Funding Losses”). A certificate of Agent or a Lender delivered to Borrower setting forth in reasonable detail
any amount or amounts that 

  
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Agent or such Lender is entitled to receive pursuant to this Section 2.12 shall be conclusive absent manifest error. Borrower shall pay such amount to Agent or the Lender, as
applicable, within 30 days of the date of its receipt of such certificate. If a payment of a LIBOR Rate Loan on a day other than the last day of the applicable Interest Period would result in a Funding Loss, Agent may, in its reasonable discretion,
at the request of Borrower, hold the amount of such payment as cash collateral in support of the Obligations until the last day of such Interest Period and apply such amounts to the payment of the applicable LIBOR Rate Loan on such last day, it
being agreed that Agent has no obligation to so defer the application of payments to any LIBOR Rate Loan and that, in the event that Agent does not defer such application, Borrower shall be obligated to pay any resulting Funding Losses. 

(iii) Unless Agent, in its sole discretion, agrees otherwise, Borrower shall have not more than 8 LIBOR Rate Loans in effect at any given
time. Borrower only may exercise the LIBOR Option for proposed LIBOR Rate Loans of at least $1,000,000. 
 (c) Conversion.
Borrower may convert LIBOR Rate Loans to Base Rate Loans at any time; provided, that in the event that LIBOR Rate Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as
a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or
acceleration of all or any portion of the Obligations pursuant to the terms hereof, Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with
Section 2.12 (b)(ii). 
 (d) Special Provisions Applicable to LIBOR Rate. 

(i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective basis to take into account any additional or
increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs, in each case, due to changes in applicable law occurring subsequent to the commencement of the then applicable Interest Period, including any
Changes in Law (including any changes in tax laws (except in respect of Indemnified Taxes and Excluded Taxes)) and changes in the reserve requirements imposed by the Board of Governors, which additional or increased costs would increase the cost of
funding or maintaining loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give Borrower and Agent notice of such a determination and adjustment and Agent promptly shall transmit the notice to each other Lender
and, upon its receipt of the notice from the affected Lender, Borrower may, by notice to such affected Lender (A) require such Lender to furnish to Borrower a statement setting forth in reasonable detail the basis for adjusting such LIBOR Rate
and the method for determining the amount of such adjustment, or (B) repay the LIBOR Rate Loans of such Lender with respect to which such adjustment is made (together with any amounts due under Section 2.12(b)(ii)). 

(ii) In the event that any change in market conditions or any Change in Law shall at any time after the date hereof, in the reasonable
opinion of any Lender, make it unlawful or impractical for such Lender to fund or maintain LIBOR Rate Loans or to continue such funding or maintaining, or to determine or charge interest rates at the LIBOR Rate, such Lender shall give notice of such
changed circumstances to Agent and Borrower and Agent promptly shall transmit the notice to each other Lender and (y) in the case of any LIBOR Rate Loans of such Lender that are outstanding, the date specified in such Lender’s notice shall
be deemed to be the last day of the Interest Period of such LIBOR Rate Loans, and interest upon the LIBOR Rate Loans of such Lender thereafter shall accrue interest at the rate then applicable to Base Rate Loans, and (z) Borrower shall not be
entitled to elect the LIBOR Option until such Lender determines that it would no longer be unlawful or impractical to do so. 
 (e) No
Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any
Obligation as to which interest accrues at the LIBOR Rate. 

  
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 2.13 Capital Requirements. 

(a) If, after the date hereof, Issuing Bank or any Lender determines that (i) any Change in Law regarding capital, liquidity or reserve
requirements for banks or bank holding companies, or (ii) compliance by Issuing Bank or such Lender, or their respective parent bank holding companies, with any guideline, request or directive of any Governmental Authority regarding capital
adequacy (whether or not having the force of law), has the effect of reducing the return on Issuing Bank’s, such Lender’s, or such holding companies’ capital as a consequence of Issuing Bank’s or such Lender’s commitments
hereunder to a level below that which Issuing Bank, such Lender, or such holding companies could have achieved but for such Change in Law or compliance (taking into consideration Issuing Bank’s, such Lender’s, or such holding
companies’ then existing policies with respect to capital adequacy and assuming the full utilization of such entity’s capital) by any amount deemed by Issuing Bank or such Lender to be material, then Issuing Bank or such Lender may notify
Borrower and Agent thereof. Following receipt of such notice, Borrower agrees to pay Issuing Bank or such Lender on demand the amount of such reduction of return of capital as and when such reduction is determined, payable within 30 days after
presentation by Issuing Bank or such Lender of a statement in the amount and setting forth in reasonable detail Issuing Bank’s or such Lender’s calculation thereof and the assumptions upon which such calculation was based (which statement
shall be deemed true and correct absent manifest error). In determining such amount, Issuing Bank or such Lender may use any reasonable averaging and attribution methods. Failure or delay on the part of Issuing Bank or any Lender to demand
compensation pursuant to this Section shall not constitute a waiver of Issuing Bank’s or such Lender’s right to demand such compensation; provided that Borrower shall not be required to compensate Issuing Bank or a Lender pursuant
to this Section for any reductions in return incurred more than 180 days prior to the date that Issuing Bank or such Lender notifies Borrower of such Change in Law giving rise to such reductions and of such Lender’s intention to claim
compensation therefor; provided further that if such claim arises by reason of the Change in Law that is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

(b) If Issuing Bank or any Lender requests additional or increased costs referred to in Section 2.11(l) or
Section 2.12(d)(i) or amounts under Section 2.13(a) or sends a notice under Section 2.12(d)(ii) relative to changed circumstances (such Issuing Bank or Lender, an “Affected Lender”), then such
Affected Lender shall use reasonable efforts to promptly designate a different one of its lending offices or to assign its rights and obligations hereunder to another of its offices or branches, if (i) in the reasonable judgment of such
Affected Lender, such designation or assignment would eliminate or reduce amounts payable pursuant to Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable, or would eliminate the illegality or
impracticality of funding or maintaining LIBOR Rate Loans and (ii) in the reasonable judgment of such Affected Lender, such designation or assignment would not subject it to any material unreimbursed cost or expense and would not otherwise be
materially disadvantageous to it. Borrower agrees to pay all reasonable out-of-pocket costs and expenses incurred by such Affected Lender in connection with any such designation or assignment. If, after such reasonable efforts, such Affected Lender
does not so designate a different one of its lending offices or assign its rights to another of its offices or branches so as to eliminate Borrower’s obligation to pay any future amounts to such Affected Lender pursuant to
Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable, or to enable Borrower to obtain LIBOR Rate Loans, then Borrower (without prejudice to any amounts then due to such Affected Lender under
Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable) may, unless prior to the effective date of any such assignment the Affected Lender withdraws its request for such additional amounts under
Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable, or indicates that it is no longer unlawful or impractical to fund or maintain LIBOR Rate Loans, may designate a different Issuing Bank or
substitute a Lender, in each case, reasonably acceptable to Agent to purchase the Obligations owed to such Affected Lender and such Affected Lender’s commitments hereunder (a “Replacement Lender”), and if such Replacement
Lender agrees to such purchase, such Affected Lender shall assign to the Replacement Lender its Obligations and commitments, and upon such purchase by the Replacement Lender, which such Replacement Lender shall be deemed to be “Issuing
Bank” or a “Lender” (as the case may be) for purposes of this Agreement and such Affected Lender shall cease to be “Issuing Bank” or a “Lender” (as the case may be) for purposes of this Agreement. 

  
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 (c) Notwithstanding anything herein to the contrary, the protection of Sections 2.11(l),
2.12(d), and 2.13 shall be available to Issuing Bank and each Lender (as applicable) regardless of any possible contention of the invalidity or inapplicability of the law, rule, regulation, judicial ruling, judgment, guideline, treaty
or other change or condition which shall have occurred or been imposed, so long as it shall be customary for issuing banks or lenders affected thereby to comply therewith. Notwithstanding any other provision herein, neither Issuing Bank nor any
Lender shall demand compensation pursuant to this Section 2.13 if it shall not at the time be the general policy or practice of Issuing Bank or such Lender (as the case may be) to demand such compensation in similar circumstances under
comparable provisions of other credit agreements, if any. 
 3. CONDITIONS. 

3.1 Conditions Precedent to the Initial Extension of Credit. The obligation of each Lender to make the initial extensions of credit
provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extensions of credit by a Lender being conclusively
deemed to be its satisfaction or waiver of the conditions precedent). 
 3.2 Conditions Precedent to all Extensions of Credit. The
obligation of the Lender Group (or any member thereof) to make any Revolving Loans hereunder (or to extend any other credit hereunder) at any time shall be subject to the following conditions precedent: 

(a) the representations and warranties of Borrower or its Subsidiaries contained in this Agreement or in the other Loan Documents shall be
true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) on and as of the date of such
extension of credit, as though made on and as of such date (except to the extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material
respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier date); 

(b) no Default or Event of Default shall have occurred and be continuing on the date of such extension of credit, nor shall either result from
the making thereof; and 
 (c) if applicable, the $5 Million Excess Availability Minimum Requirement shall have been satisfied. 

3.3 Conditions Subsequent. The obligation of the Lender Group (or any member thereof) to continue to make Revolving Loans (or otherwise
extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of the conditions subsequent set forth in Section 6.17 and on Schedule 3.3 (the failure by Borrower to so perform or cause to be
performed such conditions subsequent as and when required by the terms thereof (unless such date is extended, in writing, by Agent, which Agent may do without obtaining the consent of the other members of the Lender Group), shall constitute an Event
of Default). 
 4. TERM OF AGREEMENT. 

4.1 Maturity. This Agreement shall continue in full force and effect for a term ending on the Maturity Date. 

4.2 Effect of Maturity. On the Maturity Date, all commitments of the Lender Group to provide additional credit hereunder shall
automatically be terminated and all of the Obligations immediately shall become due and payable without notice or demand and Borrower shall be required to repay all of the Obligations in full. No termination of the obligations of the Lender Group
(other than payment in full of the Obligations and termination of the Commitments) shall relieve or discharge any Loan Party of its duties, obligations, or covenants hereunder or 

  
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under any other Loan Document and Agent’s Liens in the Collateral shall continue to secure the Obligations and shall remain in effect until all Obligations have been paid in full and the
Commitments have been terminated. When all of the Obligations have been paid in full and the Lender Group’s obligations to provide additional credit under the Loan Documents have been terminated irrevocably, Agent will, at Borrower’s sole
expense, execute and deliver any termination statements, lien releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in recordable form) as are reasonably necessary to release, as of record,
Agent’s Liens and all notices of security interests and liens previously filed by Agent. 
 4.3 Early Termination by Borrower.
Borrower has the option, at any time upon 5 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full. The foregoing notwithstanding,
(a) Borrower may rescind termination notices relative to proposed payments in full of the Obligations with the proceeds of third party Indebtedness if the closing for such issuance or incurrence does not happen on or before the date of the
proposed termination (in which case, a new notice shall be required to be sent in connection with any subsequent termination), and (b) Borrower may extend the date of termination at any time with the consent of Agent (which consent shall not be
unreasonably withheld or delayed). 
 5. REPRESENTATIONS AND WARRANTIES. 

In order to induce the Lender Group to enter into this Agreement, Borrower makes the following representations and warranties to the Lender
Group which shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text
thereof), as of the Closing Date, and shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by
materiality in the text thereof), as of the date of the making of each Revolving Loan (or other extension of credit) made thereafter, as though made on and as of the date of such Revolving Loan (or other extension of credit) (except to the extent
that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier date) and such representations and warranties shall survive the execution and delivery of this Agreement: 

5.1 Existence, Qualification and Power. Each Loan Party and each Subsidiary thereof (a) is duly organized or formed, validly
existing and, as applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority and all requisite governmental licenses, authorizations, consents and approvals to
(i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party and (c) is duly qualified and is licensed and, as applicable, in good standing
under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license; except in each case referred to in clause (b)(i) or (c), to the extent that failure to
do so could not reasonably be expected to have a Material Adverse Effect. 
 5.2 Authorization; No Contravention. The execution,
delivery and performance by each Loan Party of each Loan Document to which such Person is party have been duly authorized by all necessary corporate or other organizational action, and do not and will not (a) contravene the terms of any of such
Person’s Organization Documents; (b) conflict with or result in any breach or contravention of, or the creation of any Lien under, or require any payment to be made under (i) any contract to which such Person is a party or affecting
such Person or the properties of such Person or any of its Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; or (c) violate any
Law; in each case (other than clauses (a) and (b)(ii)) except to the extent such conflict, breach, contravention or Lien could not reasonably be expected to have a Material Adverse Effect. 

  
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 5.3 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with (a) the execution, delivery or performance by, or enforcement against, any Loan Party of
this Agreement or any other Loan Document or for the consummation of the Transactions, (b) the grant by any Loan Party of the Liens granted by it pursuant to the Collateral Documents, (c) the perfection or maintenance of the Liens created
under the Collateral Documents (including the priority thereof required by the Loan Documents) (except for customary filings and registrations necessary to perfect the Liens on the Collateral granted by the Loan Parties, including filings in the
United States Patent and Trademark Office) or (d) other than pursuant to applicable Law in connection with the exercise of remedies with respect to the Collateral, the exercise by the Agent or any Lender of its rights under the Loan Documents
or the remedies in respect of the Collateral pursuant to the Collateral Documents. 
 5.4 Binding Effect. This Agreement and the Loan
Documents delivered on the date hereof have been, and each other Loan Document, when delivered hereunder, will have been, duly executed and delivered by each Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document
when so delivered will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except as may be limited by bankruptcy, reorganization, insolvency,
moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability. 

5.5 Financial Statements; No Material Adverse Effect. 

(a) The Audited Financial Statements of the Borrower (i) were prepared in accordance with GAAP consistently applied throughout the period
covered thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations for the period
covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material Indebtedness and other liabilities, direct or contingent, of the
Borrower and its Subsidiaries as of the date thereof, including liabilities for taxes, material commitments and Indebtedness to the extent required by GAAP. 

(b) The unaudited consolidated balance sheet of the Borrower and its Subsidiaries dated October 31, 2013, and the related consolidated
statements of income or operations, stockholders’ equity and cash flows for the fiscal quarter ended on that date (i) were each prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as
otherwise expressly noted therein and (ii) fairly present in all material respects the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby, subject, in
the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. 
 (c) Since July 31,
2013, except as publicly disclosed prior to the date of this Agreement, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect. 

(d) The Initial Financial Projections were prepared in good faith on the basis of the assumptions stated therein, which assumptions the
Borrower believed to be reasonable at the time of delivery of such forecasts. 
 5.6 Litigation. Except as set forth on Schedule
5.6, there are no actions, suits, proceedings, claims, investigations or disputes pending or, to the knowledge of the Borrower after due and diligent investigation, threatened or contemplated, at law, in equity, in arbitration or before any
Governmental Authority, by or against the Borrower or any of its Subsidiaries or against any of their properties or revenues that (a) purport to affect or pertain to this Agreement or any other Loan Document, or the consummation of the
Transactions or (b) either individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. 

  
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 5.7 No Default. Neither any Loan Party nor any Subsidiary thereof is in default under or
with respect to any Contractual Obligation that could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing or would result from the
consummation of the transactions contemplated by this Agreement or any other Loan Document. 
 5.8 Ownership of Property; Liens. 

(a) Each of the Borrower and each Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, all real
property necessary or used in the ordinary conduct of its business except for such defects in title as constitute Permitted Liens. Each of the Borrower and each Subsidiary has good and marketable title to (in the case of all other personal
property), all of their respective assets reflected in their most recent financial statements delivered pursuant to Section 6.1, in each case except for assets disposed of since the date of such financial statements to the extent
permitted hereby. 
 (b) Schedule 5.8(b) sets forth a complete and accurate list of all Liens on the material property or assets of
each Loan Party and each of its Domestic Subsidiaries as of the date hereof (after giving effect to the termination of the Liens in favor of the Existing Credit Facilities), showing as of the date hereof the lienholder thereof, the principal amount
of the obligations secured thereby (except if the principal amount of such obligations in less than $100,000) and the property or assets of such Loan Party or such Domestic Subsidiary subject thereto. The material property of each Loan Party and
each of its Domestic Subsidiaries is subject to no Liens, other than Liens set forth on Schedule 5.8(b), and as otherwise permitted by Section 7.1. 

(c) Schedule 5.8(c) sets forth a complete and accurate list of all real property owned by each Loan Party and each of its Domestic
Subsidiaries as of the date hereof, showing as of the date hereof the street address, county or other relevant jurisdiction, state and record owner. Each Loan Party and each of its Subsidiaries has good, marketable and insurable fee simple title to
the real property owned by such Loan Party or such Subsidiary, free and clear of all Liens, other than Liens created or permitted by the Loan Documents. 

(d) Schedule 5.8(d) sets forth a complete and accurate list as of the date hereof of all leases of real property under which any Loan
Party or any Domestic Subsidiary of a Loan Party is the lessee, showing as of the date hereof the street address, county or other relevant jurisdiction, state, lessor, lessee, and expiration date thereof. Each Loan Party and its Subsidiaries enjoy
peaceful and undisturbed possession under all leases material to their business for locations where material Inventory is maintained and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such
material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them. 

(e) Schedule 5.8(e) sets forth a complete and accurate list of all leases of real property under which any Loan Party or any Domestic
Subsidiary of a Loan Party is the lessor, showing as of the date hereof the street address, county or other relevant jurisdiction, state, lessor, lessee, expiration date and annual rental cost thereof. Each such lease is the legal, valid and binding
obligation of the lessee thereof, enforceable in accordance with its terms. 
 (f) Schedule 5.8(f) sets forth a complete and accurate
list of all material Investments held by any Loan Party or any Domestic Subsidiary of a Loan Party on the date hereof, showing as of the date hereof the amount and obligor thereof. 

5.9 Environmental Compliance. 

(a) The Borrower and its Subsidiaries conduct in the ordinary course of business a review of the effect of existing Environmental Laws and
claims alleging potential liability or responsibility for violation of any Environmental Law on their respective businesses, operations and properties, and as a result thereof the 

  
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Borrower has reasonably concluded that such Environmental Laws and claims could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(b) Except as could not reasonably be expected to have a Material Adverse Effect, there are no and never have been any underground or
above-ground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials are being or have been treated, stored or disposed on any property currently owned or operated by any Loan Party or any of its
Subsidiaries or, to the best of the knowledge of the Loan Parties, on any property formerly owned or operated by any Loan Party or any of its Subsidiaries. 

(c) Each of the Loan Parties is in compliance with all Environmental Laws, except where non-compliance could not, either individually or in
the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (d) All Hazardous Materials generated, used, treated, handled or
stored at, or transported to or from, any property currently or formerly owned or operated by any Loan Party or any of its Subsidiaries have been generated, used, treated, handled, stored, transformed and disposed of in compliance with Environmental
Laws, except where non-compliance, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 

(e) Except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material
Adverse Effect, neither the Borrower nor any of its Subsidiaries has become subject to any Environmental Liability or has received notice of any claim with respect to, or knows of any basis for, any Environmental Liability. 

5.10 Insurance. The properties of the Borrower and its Subsidiaries are insured with financially sound and reputable insurance
companies that are not Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the Borrower or
the applicable Subsidiary operates. As of the Closing Date, (i) except as set forth on Schedule 5.10, no Loan Party has received any written notice of, nor has any actual knowledge of, the occurrence, pendency or contemplation of any
material casualty affecting all or any material portion of a Mortgaged Property and (ii) no improved Mortgaged Property is located in an area that has been identified by the Secretary of Housing and Urban Development as an area having special
flood hazards within the meaning of the National Flood Insurance Program unless evidence of flood insurance has been delivered to the Agent. 

5.11 Taxes. The Borrower and its Subsidiaries have filed all federal, state, foreign and other material Tax returns and reports
required to be filed, and have paid all federal, state, foreign and other material Taxes levied or imposed upon them or their properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate
proceedings diligently conducted and for which adequate reserves have been provided in accordance with GAAP. There is no proposed Tax assessment against the Borrower or any Subsidiary that would, if made, have a Material Adverse Effect. Neither any
Loan Party nor any Subsidiary thereof is party to any tax sharing agreement with any Person that is not a Loan Party or a wholly-owned Subsidiary of a Loan Party. 

5.12 ERISA Compliance. As of the Closing Date: 

(a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the IRC and other Federal or state laws
except as would not be expected to exceed the Threshold Amount. Each Pension Plan that is intended to be a qualified plan under Section 401(a) of the IRC has received a favorable determination letter or opinion letter, as applicable, from the
Internal Revenue Service to the effect that the form of such Plan is qualified under Section 401(a) of the IRC and the trust related thereto has been determined by the Internal Revenue Service to be exempt from federal income tax under
Section 501(a) of the IRC, or an application 

  
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for such a letter is currently being processed by the Internal Revenue Service. To the best knowledge of the Borrower, nothing has occurred that would prevent or cause the loss of such
tax-qualified status. 
 (b) There are no pending or, to the best knowledge of the Borrower, threatened claims, actions or lawsuits, or
action by any Governmental Authority, with respect to any Plan that could reasonably be expected to have a Material Adverse Effect. To the best knowledge of the Borrower, there has been no non-exempt prohibited transaction or violation of the
fiduciary responsibility rules with respect to any Plan that has resulted or could reasonably be expected to result in a Material Adverse Effect. 

(c) Except as would not be expected to exceed the Threshold Amount, (i) no ERISA Event has occurred, and the Borrower is not aware of any
fact, event or circumstance that could reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan; (ii) the aggregate unfunded liabilities (determined on the basis of the assumptions and methodology
utilized by the borrower and each of its ERISA Affiliates) would not reasonably be expected to result in a Material Adverse Effect; and (iii) to the best knowledge of the Borrower, neither the Borrower nor any ERISA Affiliate has engaged in a
transaction that could be subject to Section 4069 or Section 4212(c) of ERISA. 
 (d) With respect to a Foreign Pension Plan: 

(i) any employer contributions required by applicable law or by the terms of any Foreign Pension Plan have been made, or, if applicable,
accrued, in accordance with normal accounting practices; 
 (ii) the aggregate unfunded liabilities of any Foreign Pension Plan are not
reasonably expected to result in a Material Adverse Effect; and 
 (iii) each Foreign Pension Plan required by applicable law to be
registered has been registered. 
 5.13 Subsidiaries; Equity Interests. As of the Closing Date, the Borrower has no Subsidiaries
other than those specifically disclosed in Part (a) of Schedule 5.13, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the
amounts specified on Part (a) of Schedule 5.13 free and clear of all Liens. As of the Closing Date, the Borrower has no equity investments in any other corporation or entity other than (i) those specifically disclosed in Part
(b) of Schedule 5.13 and (ii) investments in Subsidiaries. All of the outstanding Equity Interests in the Borrower have been validly issued and are fully paid and nonassessable. 

5.14 Margin Regulations; Investment Company Act. 

(a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or
carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. 

(b) None of the Borrower, any Person Controlling the Borrower, or any Subsidiary is or is required to be registered as an “investment
company” under the Investment Company Act of 1940. 
 5.15 Disclosure. No written report, financial statement, certificate or
other written information furnished by or on behalf of any Loan Party to the Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document
(in each case, as modified or supplemented by other information so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they
were made, not misleading; provided that, with respect to projected financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable

  
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at the time of preparation (it being understood that projections are not to be viewed as facts and that actual results may differ significantly from such projections). 

5.16 Compliance with Laws. 

(a) Each Loan Party and each Subsidiary thereof is, and after giving effect to any Loans made hereunder and the use of proceed thereof will
be, in compliance in all material respects with the requirements of (i) all Laws relating to bribery, terrorism or money laundering, including Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, the PATRIOT
Act and the Foreign Corrupt Practices Act of 1977, as amended from time to time) and (ii) all other Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (x) in the
case of clauses (i) and (ii) above, such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted or (y) in the case of clause (ii) above, the
failure to comply therewith, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 

(b) None of the Borrower or any of its Subsidiaries nor, to the knowledge of the Borrower, any director, officer or controlled Affiliate of
the Borrower or any of its Subsidiaries is a Person that is, or is owned or controlled by Persons that are: (i) the subject of any sanctions administered or enforced by the Office of Foreign Assets Control of the U.S. Department of Treasury or
the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority (collectively, “Sanctions”) or (ii) located, organized or resident in a
country or territory that is, or whose government is, the subject of Sanctions (including Cuba, Iran, North Korea, Sudan and Syria). 
 5.17
Taxpayer Identification Number. The Borrower’s true and correct U.S. taxpayer identification number is set forth on Schedule 5.17. 

5.18 Intellectual Property; Licenses, Etc. The Borrower and its Subsidiaries own, or possess the right to use, all of the trademarks,
service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses,
without conflict with the rights of any other Person, except where the failure to own or possess the right to use any such IP Rights would not reasonably be expected to have a Material Adverse Effect. To the knowledge of the Borrower, no slogan or
other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by the Borrower or any Subsidiary infringes upon any rights held by any other Person, except where such
infringement would not reasonably be expected to have a Material Adverse Effect. 
 5.19 Solvency. The Borrower is, together with its
Subsidiaries on a consolidated basis, Solvent. 
 5.20 Collateral Documents. (a) The provisions of the Loan Documents that
establish security interests (other than the Mortgages) are effective to create in favor of the Agent for the benefit of the Secured Parties a legal, valid and enforceable first or second priority Lien, as applicable (subject to Liens permitted by
Section 7.1), on all right, title and interest of the respective Loan Parties in the Collateral described therein. Except as contemplated hereby and by the Collateral Documents, no filing or other action will be necessary to perfect or
protect such Liens. 
 (b) The Mortgages, when executed and delivered, will be effective to create in favor of the Agent for the benefit of
the Secured Parties a legal, valid and enforceable second priority (subject to the Liens permitted under Section 7.1) Lien on all of the Loan Parties’ right, title and interest in and to the Mortgaged Property thereunder and the
proceeds thereof, and when the Mortgages are filed, the Mortgages shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Mortgaged Property and the proceeds thereof, in each
case prior and superior in right to any other Person, except as set forth in the Intercreditor Agreement and other than with respect to the rights of Persons pursuant to Liens expressly permitted by Section 7.1. 

  
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 5.21 Labor Matters. Except as would not reasonably be expected to have, individually or in
the aggregate, a Material Adverse Effect, there are no strikes or other labor disputes against any of the Borrower or its Subsidiaries pending or, to the knowledge or the Borrower or its Subsidiaries, threatened. All Inventory is and will be
produced in conformance with minimum wage laws. 
 5.22 Status of the Obligations as Senior Indebtedness. The Obligations
constitute “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) under the documentation for all
Indebtedness that is subordinated in right of payment to the Obligations (if applicable). 
 5.23 Inactive
Subsidiaries. None of the Inactive Subsidiaries (including, on the date hereof, Diamond of Europe GmbH, a corporation organized under the laws of the Federal Republic of Germany, Wimbledon Acquisition LLC, a limited liability company organized
under the laws of Delaware, and Diamond Foods Brazil Holding LLC, a limited liability company organized under the laws of Delaware) (a) conducts, transacts or is otherwise engaged in any business, operations or activities or (b) owns any
assets or owes any liabilities (other than liabilities under the Loan Documents and liabilities imposed by Law, including tax liabilities and other liabilities incidental to its existence). 

5.24 Eligible Accounts. As to each Account that is identified by Borrower as an Eligible Account in a Borrowing Base Certificate
submitted to Agent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the sale and delivery of Inventory or the rendition of services to such Account Debtor in the ordinary course of the
Borrower’s business, (b) owed to the Borrower without any known defenses, disputes, offsets, counterclaims, or rights of return or cancellation, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria
(other than any Agent-discretionary criteria) set forth in the definition of Eligible Accounts. 
 5.25 Eligible
Inventory. As to each item of Inventory that is identified by the Borrower as Eligible Inventory in a Borrowing Base Certificate submitted to Agent, such Inventory is (a) of good and merchantable quality, free from known defects, and
(b) not excluded as ineligible by virtue of one or more of the excluding criteria (other than any Agent-discretionary criteria) set forth in the definition of Eligible Inventory. 

5.26 Location of Inventory. The Inventory of Borrower and its Subsidiaries with a value in excess of $1,000,000 in the aggregate
is not stored with a bailee, warehouseman, or similar party (other than those with which a Collateral Access Agreement has been executed and delivered (or will be executed and delivered in accordance with Section 3.3)) and is located
only at, or in-transit between, the locations identified on Schedule 5.26 (as such Schedule may be updated pursuant to Section 6.19). 

5.27 Inventory Records. Each Loan Party keeps correct and accurate records itemizing and describing the type, quality, and
quantity of its and its Subsidiaries’ Inventory and the book value thereof.  
 5.28 Material Contracts. Except for
matters which, either individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, each Material Contract (other than those that have expired at the end of their normal terms) (a) is in full force
and effect and is binding upon and enforceable against the applicable Loan Party or its Subsidiary and, to Borrower’s knowledge, after due inquiry, each other Person that is a party thereto in accordance with its terms and (b) is not in
default due to the action or inaction of the applicable Loan Party or its Subsidiary. 
 5.29 Growers’ Liens. 

(a) As of the Closing Date, the terms of all existing Walnut Purchase Agreements provide for payments to be made more than thirty days
following the Borrower’s or its Subsidiaries’ receipt and acceptance of 

  
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the product. The existing Walnut Purchase Agreements do not result in the other party to such contract becoming a beneficiary of trust fund rights under PACA. 

(b) As of the Closing Date, each Walnut Purchase Agreement contains a waiver of the California Producer’s Lien Statute. 

(c) Borrower and its Subsidiaries are in compliance with all notifications and instructions received from creditors of Protected Vendors
delivered pursuant to Growers’ Lien Laws. Borrower has registered with the Secretary of State (or other designated individual or office) in each FSA State where Borrower has purchased agricultural products from a Protected Vendor and is
entitled to receive centrally compiled lists of secured creditors published by each such FSA State. 
 6. AFFIRMATIVE COVENANTS. 

Borrower covenants and agrees that, until termination of all of the Commitments and payment in full of the Obligations, Borrower shall and
shall (except in the case of the covenants set forth in Sections 6.1, 6.2 and 6.3) cause each Subsidiary to: 

6.1 Financial Statements. Deliver to the Agent and each Lender, in form and detail satisfactory to the Agent and the Required
Lenders: 
 (a) as soon as available, but in any event within 90 days after the end of each fiscal year of the Borrower, a
consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal year, and the related consolidated statements of income or operations, changes in stockholders’ equity, and cash flows for such fiscal year, setting
forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of an independent certified public accountant of
nationally recognized standing reasonably acceptable to the Required Lenders, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like
qualification or exception or any qualification or exception as to the scope of such audit; 
 (b) as soon as available, but in any event
within 45 days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower, a consolidated and consolidating balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, the related
consolidated and consolidating statements of income or operations for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, and the related consolidated and consolidating statements of changes in stockholders’
equity, and cash flows for the portion of the Borrower’s fiscal year then ended, in each case setting forth in comparative form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the
previous fiscal year, all in reasonable detail, certified by the chief executive officer, chief financial officer, treasurer or controller of the Borrower as fairly presenting in all material respects the financial condition, results of operations,
stockholders’ equity and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes; and 

(c) as soon as available, but in any event within 90 days after the end of each fiscal year of the Borrower, a monthly budget of the Borrower
and its Subsidiaries on a consolidated basis and such division or major brand level revenue and margin information as may be reasonably requested by the Agent and available to the Borrower, including forecasts for the remaining term of this
Agreement prepared by management of the Borrower, in form satisfactory to the Agent and the Required Lenders, of consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a quarterly
basis for the immediately following fiscal year (including the fiscal year in which the Maturity Date occurs, if such fiscal year is the immediately following fiscal year). 

  
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 As to any information contained in materials furnished pursuant to Section 6.2(c), the Borrower shall
not be separately required to furnish such information under clause (a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in clauses (a) and
(b) above at the times specified therein. 
 6.2 Certificates; Other Information. Deliver to the Agent and each Lender,
in form and detail reasonably satisfactory to the Agent and the Required Lenders: 
 (a) concurrently with the delivery of the
financial statements referred to in Sections 6.1(a) and (b), a duly completed Compliance Certificate signed by the chief executive officer, chief financial officer, treasurer or controller of the Borrower (which delivery may, unless
the Agent, or a Lender requests executed originals, be by electronic communication including fax or electronic mail and shall be deemed to be an original authentic counterpart thereof for all purposes); 

(b) promptly after any request by the Agent or any Lender, copies of any detailed audit reports, management letters or recommendations
submitted to the board of directors (or the audit committee of the board of directors) of the Borrower by independent accountants in connection with the accounts or books of the Borrower or any Subsidiary, or any audit of any of them; 

(c) promptly after the same are available, copies of each annual report, proxy or financial statement or other report or communication sent to
the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or be required to file with the SEC under Section 13 or 15(d) of the Securities Exchange
Act of 1934, and not otherwise required to be delivered to the Agent pursuant hereto; 
 (d) deliver to Agent (and if so requested by Agent,
with copies for each Lender) each of the reports set forth on Schedule 6.2 at the times specified therein, and (b) use commercially reasonable efforts in cooperation with Agent to facilitate and implement a system of electronic
collateral reporting in order to provide electronic reporting of each of the items set forth on such Schedule; and 
 (e) promptly, such
additional information regarding the business, financial or corporate affairs of the Borrower or any Subsidiary, or compliance with the terms of the Loan Documents, as the Agent or any Lender may from time to time reasonably request. 

Documents required to be delivered pursuant to Section 6.1(a) or (b) or Section 6.2(c) or (d) or referred to in Section 6.3(d) (to
the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or
provides a link thereto on the Borrower’s website on the Internet at www.diamondfoods.com; or (ii) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the
Agent have access (whether a commercial, third-party website or whether sponsored by the Agent); provided that the Borrower shall notify the Agent (by fax or electronic mail) of the posting of any such documents and provide to the Agent by
electronic mail electronic versions (i.e., soft copies) of such documents. The Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above. 

The Borrower hereby acknowledges that (a) the Agent and/or the Sole Lead Arranger or their respective Affiliates will make available to the Lenders
materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or another similar electronic system (the “Platform”) and
(b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing,
and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that (w) all Borrower Materials that 

  
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are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently
on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Agent, the Arrangers and the Lenders to treat such Borrower Materials as not containing any material non-public
information with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Confidential Information, they shall be treated as
set forth in Section 18.9); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information” (and the Agent agrees that only Borrower
Material marked “PUBLIC” will be made available on such portion of the Platform); and (z) the Agent, the Sole Lead Arranger and their respective Affiliates shall be entitled to treat any Borrower Materials that are not marked
“PUBLIC” as being suitable only for posting on a portion of the Platform that is not designated “Public Side Information”; and (v) notwithstanding anything herein to the contrary, unless the Borrower otherwise notifies the
Agent, all financial statements delivered pursuant to Sections 6.1(a) and 6.1(b), all certificates, reports, statements and other documents and information delivered pursuant to Sections 6.2(a) and 6.2(c) and all notices
delivered pursuant to Section 6.3(a) shall be deemed to be suitable for posting on the portion of the Platform designated “Public Side Information.” 

6.3 Notices. Promptly notify the Agent and each Lender: 

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

(b) of any matter that has resulted or could reasonably be expected to result in a Material Adverse Effect, including (i) breach or
non-performance of, or any default under, a Material Contract of the Borrower or any Subsidiary; (ii) any dispute, litigation, investigation, proceeding or suspension between the Borrower or any Subsidiary and any Governmental Authority; or
(iii) any litigation or proceeding affecting the Borrower or any Subsidiary, including pursuant to any applicable Environmental Laws (in each case to the extent that such event has resulted or could reasonably be expected to result in a
Material Adverse Effect); 
 (c) of the occurrence of any ERISA Event; 

(d) of any material change in accounting policies or financial reporting practices by the Borrower or any Subsidiary (which requirement shall
be deemed satisfied by the description thereof in a Form 10-K, Form 10-Q or Form 8-K filed with the SEC); 
 (e) of the (i) occurrence
of any Disposition of property or assets for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.4(e)(ii) and (ii) receipt of any Extraordinary Receipt for which the Borrower is required to make a
mandatory prepayment pursuant to Section 2.4(e)(iii); and 
 (f) of any loss exceeding $10,000,000 irrespective of insurance
coverage for such loss. 
 Each notice pursuant to this Section 6.3 (other than Section 6.3(e)) shall be accompanied by a statement
of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to Section 6.3(a) shall describe
with particularity any and all provisions of this Agreement and any other Loan Document that have been breached. 
 6.4 Payment of
Obligations. Pay and discharge as the same shall become due and payable all its material obligations and liabilities, including (a) all material Tax liabilities upon it or its properties or assets, unless the same are being contested in
good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the Borrower or such Subsidiary; and (b) all lawful material claims which, if unpaid, would by law become a Lien
upon any of its property (other than a Lien that is permitted by Section 7.1). 

  
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 6.5 Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force
and effect its legal existence and good standing under the Laws of the jurisdiction of its organization and with respect to all other jurisdictions in which it is qualified to do business except in a transaction permitted by Section 7.4
or 7.5 or except (in the case of any Subsidiary of the Borrower that is not a Loan Party) where failure to do so could not reasonably be expected to have a Material Adverse Effect; (b) take all reasonable action to maintain all rights,
privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its business, except to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew
all of its registered patents, trademarks, trade names and service marks, the non-preservation of which could reasonably be expected to have a Material Adverse Effect. 

6.6 Maintenance of Properties. (a) Maintain, preserve and protect all of its material assets, properties and equipment necessary
in the operation of its business in good working order and condition, ordinary wear and tear excepted; and (b) make all necessary repairs thereto and renewals and replacements thereof; except in each case where the failure to do so could not
reasonably be expected to have a Material Adverse Effect. 
 6.7 Maintenance of Insurance. (a) Maintain with financially sound
and reputable insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of
such types and in such amounts as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Agent of termination, lapse or cancellation of such insurance. Each such
policy of insurance shall, as appropriate, (i) name the Agent, on behalf of the Secured Parties, as an additional insured thereunder as its interests may appear and/or (ii) in the case of each casualty insurance policy, contain a loss
payable clause or endorsement that names the Agent, on behalf of the Secured Parties, as the loss payee thereunder, and certificates and endorsements evidencing the same shall be delivered to Agent on or prior to the Closing Date (or within such
other time period as provided in Section 3.3). 
 (b) If at any time the area in which the Premises (as defined in the
Mortgages) are located is designated (i) a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), obtain flood insurance in such total amount as the Agent
may from time to time reasonably require in respect of compliance with the National Flood Insurance Program as set forth in the Floor Disaster Protection Act of 1973, as it may be amended from time to time, or (ii) a “Zone 1” area,
obtain earthquake insurance in such total amount as customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries. 

(c) If Borrower or its Subsidiaries fail to maintain such insurance, Agent may arrange for such insurance, but at Borrower’s expense and
without any responsibility on Agent’s part for obtaining the insurance, the solvency of the insurance companies, the adequacy of the coverage, or the collection of claims. Upon the occurrence and during the continuance of an Event of Default,
Agent shall have the sole right to file claims under any property and general liability insurance policies in respect of the Collateral, to receive, receipt and give acquittance for any payments that may be payable thereunder, and to execute any and
all endorsements, receipts, releases, assignments, reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such insurance policies 

6.8 Compliance with Laws. Comply in all material respects with the requirements of all Laws and all orders, writs, injunctions and
decrees applicable to it or to its business or property (including any Law relating to terrorism, money laundering or Sanctions), except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being
contested in good faith by appropriate proceedings diligently conducted; or (b) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect. 

6.9 Books and Records. (i) Maintain proper books of record and account, in which full, true and correct entries in conformity with
GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower or such Subsidiary, as the case may be, (ii) maintain a reporting

  
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system that shows all additions, sales, claims, returns, and allowances with respect to its and its Subsidiaries’ sales, and (iii) maintain its billing practices substantially as in
effect as of the Closing Date and shall only make material modifications thereto with notice to, and with the consent of, Agent. 
 6.10
Inspection Rights. 
 (a) Permit representatives and independent contractors of the Agent and each Lender to visit and inspect any of
its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, employees and independent public accountants,
all at the expense of the Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired (provided Borrower shall be responsible for expenses related to only two such visits and inspections per fiscal
year of the Borrower), upon reasonable advance notice to the Borrower; provided, however, that when a Default or Event of Default exists the Agent or any Lender (or any of their respective representatives or independent contractors) may do any of
the foregoing at the expense of the Borrower at any time without advance notice, and without limitation as to frequency. 
 (b) Permit Agent
and each of its duly authorized representatives or agents to conduct appraisals and valuations at such reasonable times and intervals as Agent may designate; provided that so long as no Event of Default has occurred, only up to four such
appraisals and valuations shall be conducted per fiscal year of the Borrower; provided further that Borrower shall be responsible for expenses related to only two such appraisals and valuations per fiscal year of the Borrower. 

6.11 Use of Proceeds. Use the proceeds of the Loans (a) on the Closing Date (i) to refinance the Indebtedness of the
Borrower described in the definition of “Transactions” and (ii) to pay the fees, costs and expenses incurred in connection with this Agreement, the other Loan Documents, and the transactions contemplated hereby and thereby, in each
case as set forth in the Flow of Funds Agreement, and (b) thereafter, consistent with the terms and conditions hereof, for lawful and permitted purposes, including to finance the ongoing general corporate needs of the Borrower and its
Subsidiaries. 
 6.12 Covenant to Guarantee Obligations and Give Security. 

(a) Upon the formation or acquisition of any new Material Subsidiary (provided that the requirements of this Section 6.12
shall not apply to any Material Foreign Subsidiary prior to the date that is forty-five (45) days after the date such Material Foreign Subsidiary Guarantees any Indebtedness of the Borrower or any of its Domestic Subsidiaries; provided,
further, that each of (i) any Inactive Subsidiary ceasing to be an Inactive Subsidiary and qualifying as a Material Subsidiary and (ii) any Subsidiary qualifying as a Material Subsidiary shall be deemed to constitute the acquisition of a
new Material Subsidiary for all purposes of this Section 6.12), the Borrower shall, at the Borrower’s expense: 
 (i)
Within forty-five (45) days (as such time may be extended by the Agent in its reasonable discretion) after such formation or acquisition, cause such Material Subsidiary to (A) become a Guarantor by executing and delivering to the Agent a
counterpart of the ABL Guaranty Agreement and (B) deliver to the Agent a joinder to the ABL Collateral Agreement and documents of the types referred to in Schedule 3.1 and favorable opinions of counsel to such Person (which shall cover,
among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (a)), all in form, content and scope reasonably satisfactory to the Agent, 

(ii) within 45 days (as such time may be extended by the Agent in its reasonable discretion) after such formation or acquisition, cause such
Material Subsidiary and each direct and indirect parent (to the extent such parent is the Borrower or a Domestic Subsidiary) of such Material Subsidiary (if it has not already done so) to duly execute and deliver to the Agent deeds of trust, trust
deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of trust, and other collateral and security agreements or 

  
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supplements thereto, as specified by and in form and substance satisfactory to the Agent (including delivery of all pledged Equity Interests in and of such Material Subsidiary and other
instruments of the type specified in Schedule 3.1), securing payment of all the Obligations of such Material Subsidiary or such parent of a Material Domestic or Material Foreign Subsidiary, as the case may be, under the Loan Documents
and constituting Liens on all such real and personal properties, 
 (iii) within 45 days (as such time may be extended by the Agent in its
reasonable discretion) after such formation or acquisition, cause such Material Subsidiary and each direct and indirect parent (to the extent such parent is the Borrower or a Domestic Subsidiary) of such Material Subsidiary (if it has not already
done so) to take whatever action (including the recording of mortgages, the filing of Uniform Commercial Code financing statements, the giving of notices and the endorsement of notices on title documents) may be necessary or advisable in the opinion
of the Agent to vest in the Agent (or in any representative of the Agent designated by it) valid and subsisting Liens on the properties purported to be subject to the deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages,
leasehold deeds of trust, ABL Collateral Agreement supplements, and security and pledge agreements delivered pursuant to this Section 6.12, enforceable against all third parties in accordance with their terms, 

(iv) within 45 days (as such time may be extended by the Agent in its reasonable discretion) after such formation or acquisition, deliver to
the Agent, upon the request of the Agent in its sole discretion, a signed copy of a favorable opinion, addressed to the Agent and the other Secured Parties, of counsel for the Loan Parties acceptable to the Agent as to the matters contained in
clauses (i), (iii) and (iv) above, and as to such other matters as the Agent may reasonably request, and 
 (v) as promptly as
practicable after such formation or acquisition, deliver, upon the request of the Agent in its sole discretion, to the Agent with respect to each parcel of real property with a fair market value in excess of $2,000,000 (as reasonably determined by
the board of directors of the Borrower) and owned by the entity that is the subject of such formation or acquisition, real property title reports, surveys and engineering, soils and other reports, and environmental assessment reports, each in scope,
form and substance reasonably satisfactory to the Agent; provided, however, that to the extent that any Loan Party or any of its Subsidiaries shall have otherwise received any of the foregoing items with respect to such real property, such items
shall, promptly after the receipt thereof, be delivered to the Agent. 
 (b) Upon the acquisition of any real property (other than the real
property subject to the requirements of Section 6.17) by any Loan Party with a fair market value in excess of $2,000,000 (as reasonably determined by the board of directors of the Borrower) that is not already subject to a perfected
first priority security interest in favor of the Agent for the benefit of the Secured Parties, the Borrower shall, at the Borrower’s expense: 

(i) within 30 days (as such time may be extended by the Agent in its reasonable discretion) after such acquisition, furnish to the Agent a
description of the property so acquired in detail satisfactory to the Agent, 
 (ii) within 60 days (as such time may be extended by the
Agent in its reasonable discretion) after such acquisition, cause the applicable Loan Party to duly execute and deliver to the Agent deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of trust,
supplemental schedules to this Agreement, collateral agreement supplements and other security and pledge agreements, as specified by and in form and substance satisfactory to the Agent, securing payment of all the Obligations of the applicable Loan
Party under the Loan Documents and constituting Liens on all such properties, 
 (iii) within 60 days (as such time may be extended by the
Agent in its reasonable discretion) after such acquisition, cause the applicable Loan Party to take whatever action (including the recording of mortgages, the filing of Uniform Commercial Code financing statements, the giving of notices and the

  
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endorsement of notices on title documents) may be necessary or advisable in the opinion of the Agent to vest in the Agent (or in any representative of the Agent designated by it) valid and
subsisting Liens on such property, enforceable against all third parties, 
 (iv) within 60 days (as such time may be by the Agent in its
reasonable discretion) after such acquisition, deliver to the Agent, upon the request of the Agent in its sole discretion, a signed copy of a favorable opinion, addressed to the Agent and the other Secured Parties, of counsel for the Loan Parties
acceptable to the Agent as to the matters contained in clauses (ii) and (iii) above and as to such other matters as the Agent may reasonably request, 

(v) promptly, and in any event, prior to the execution and delivery of any deeds of trust, trust deeds, deeds to secure debt, mortgages,
leasehold mortgages, or leasehold deeds of trust with respect to such properties, a completed “Life of Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each such property (together with a notice
about special flood hazard area situs and flood disaster assistance duly executed by the Borrower and each Loan Party relating thereto, to the extent required by applicable Laws), and (2) to the extent any such real property parcels are
determined to be within a special flood hazard area, (x) evidence of flood hazard insurance (naming the Agent, on behalf of the Secured Parties, as loss payee and mortgagee) on all certificates, (y) evidence of payment of all insurance
premiums for the current policy year of each and (z) copies (certified by a Responsible Officer) of the flood insurance policies otherwise in form and substance reasonably satisfactory to the Agent, and 

(vi) as promptly as practicable after any acquisition of a parcel of real property with a fair market value in excess of $2,000,000 (as
reasonably determined by the board of directors of the Borrower), deliver, upon the request of the Agent in its sole discretion, to the Agent with respect to such parcel of real property, real property title reports, title insurance, flood hazard
searches/insurance, surveys and environmental assessment reports, each in scope, form and substance reasonably satisfactory to the Agent; provided, however, that to the extent that any Loan Party or any of its Subsidiaries shall have
otherwise received any of the foregoing items with respect to such parcel of real property, such items shall, promptly after the receipt thereof, be delivered to the Agent. 

(c) In furtherance and not in limitation of the foregoing, any mortgages taken for properties that lie in a designated flood zone will require
compliance with Federal Flood Regulations and all related compliance documents will be made available to Lenders for their review prior to the taking of these mortgages. 

(d) At any time upon request of the Agent, promptly execute and deliver any and all further instruments and documents and take all such other
action as the Agent may deem necessary or desirable in obtaining the full benefits of, or (as applicable) in perfecting and preserving the Liens of, such guaranties, deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages,
leasehold deeds of trust, supplements to the ABL Collateral Agreement, supplements to the IP Security Agreements and other security and pledge agreements. 

(e) Notwithstanding anything in any Loan Document to the contrary, no Subsidiary that is a CFC or CFC HoldCo shall be required to be a
Guarantor, no assets of any such CFC or CFC HoldCo shall be required to be pledged as Collateral under any Loan Document and no Equity Interests of any such CFC or CFC HoldCo shall be pledged as Collateral under any Loan Document (in each case for
so long as such Subsidiary is a CFC or a CFC HoldCo), except that 66% of the voting Equity Interests and 100% of the non-voting Equity Interests of any Subsidiary that is (i) a CFC and owned directly by a Loan Party or a CFC HoldCo or
(ii) a CFC HoldCo may be pledged as Collateral under the Loan Documents. 
 6.13 Compliance with Environmental Laws. Comply, and
cause all lessees and other Persons operating or occupying its properties to comply with all applicable Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary for its operations and properties; and conduct
any investigation, 

  
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study, sampling and testing, and undertake any cleanup, removal, remedial or other action necessary to remove and clean up all Hazardous Materials from any of its properties, in accordance with
the requirements of all Environmental Laws; except, in each case, to the extent noncompliance or nonaction would not reasonably be expected to have a Material Adverse Effect; and provided, however, that neither the Borrower nor any of its
Subsidiaries shall be required to undertake any such cleanup, removal, remedial or other action to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with
respect to such circumstances in accordance with GAAP. 
 6.14 Further Assurances. Promptly upon request by the Agent, or any Lender
through the Agent, (a) correct any material defect or error that may be discovered in any Loan Document or in the execution, acknowledgment, filing or recordation thereof and (b) do, execute, acknowledge, deliver, record, re-record, file,
re-file, register and re-register any and all such further acts, deeds, certificates, assurances and other instruments as the Agent, or any Lender through the Agent, may reasonably require from time to time in order to (i) carry out more
effectively the purposes of the Loan Documents, (ii) to the fullest extent permitted by applicable law, subject any Loan Party’s or any of its Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter
intended to be covered by any of the Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv) assure,
convey, grant, assign, transfer, preserve, protect and confirm more effectively unto the Secured Parties the rights granted or now or hereafter intended to be granted to the Secured Parties under any Loan Document or under any other instrument
executed in connection with any Loan Document to which any Loan Party or any of its Subsidiaries is or is to be a party, and cause each of its Subsidiaries to do so. 

6.15 Material Contracts. Perform and observe all the terms and provisions of each Material Contract to be performed or observed by it,
maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its terms, and cause each of its Subsidiaries to do so, in each case except where the failure to do so could not reasonably be
expected to result in a Material Adverse Effect 
 6.16 Compliance with Terms of Leaseholds. Make all payments and otherwise perform
all obligations in respect of all leases of real property where material Inventory is maintained to which the Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be
terminated, or any rights to renew such leases to be forfeited or cancelled, notify the Agent of any default by any party with respect to such leases and cooperate with the Agent in all respects to cure any such default, and cause each of its
Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, could not be reasonably be expected to result in a Material Adverse Effect. 

6.17 Post-Closing Covenant. Within ninety (90) days following the Closing Date (which date may be extended in the reasonable
discretion of the Agent), the Borrower shall have delivered to the Agent: 
 (a) deeds of trust, trust deeds, deeds to secure debt and
mortgages, each substantially in the form of Exhibit K and covering the owned real properties listed on Schedule 6.17 (together with each other mortgage delivered pursuant to Section 6.12, in each case as amended, the
“Mortgages”), duly executed by the appropriate Loan Party, together with: 
 (i) evidence that counterparts of the
Mortgages have been duly executed, acknowledged and delivered and are in form suitable for filing or recording in all filing or recording offices that the Agent may deem necessary or desirable in order to create a valid second and subsisting Lien on
the property described therein in favor of the Agent for the benefit of the Secured Parties and that all filing, documentary, stamp, intangible and recording taxes and fees have been paid, 

(ii) fully paid American Land Title Association Lender’s Extended Coverage title insurance policies (the “Mortgage Policies”),
with endorsements and in amounts acceptable to the Agent, issued, coinsured and reinsured by title insurers acceptable to the Agent, insuring the Mortgages to be valid first and 

  
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subsisting Liens on the property described therein, free and clear of all defects (including, but not limited to, mechanics’ and materialmen’s Liens) and encumbrances, excepting only
Permitted Liens and other Liens permitted under the Loan Documents, and providing for such other affirmative insurance (including endorsements for future advances under the Loan Documents, and for mechanics’ and materialmen’s Liens, except
to the extent constituting Liens permitted under Section 7.1 hereof) and such coinsurance and direct access reinsurance as the Agent may deem necessary or desirable, 

(iii) with respect to each Mortgaged Property, either (1) such documentation as is required by the title insurance company to delete the
standard survey exception to the Mortgage Policy issued with respect to such Mortgaged Property and provide the Agent with a “same as survey” or similar endorsement to such Mortgage Policy (provided such endorsement is available for
issuance in the state in which the Mortgaged Property is located) or (2) American Land Title Association/American Congress on Surveying and Mapping form surveys, for which all necessary fees (where applicable) have been paid, and dated no more
than 30 days before the day of the Closing Date, certified to the Agent and the issuer of the Mortgage Policies in a manner satisfactory to the Agent by a land surveyor duly registered and licensed in the States in which the property described in
such surveys is located and acceptable to the Agent, showing all buildings and other improvements, any off-site improvements, the location of any easements, parking spaces, rights of way, building set-back lines and other dimensional regulations and
the absence of encroachments, either by such improvements or on to such property, and other defects, other than encroachments and other defects acceptable to the Agent, 

(iv) environmental and other reports as to the properties described in the Mortgages, from professional firms acceptable to the Agent, 

(v) estoppel and consent agreements executed by each of the lessors of the leased real properties listed on Schedule 6.17, along
with (1) a memorandum of lease in recordable form with respect to such leasehold interest, executed and acknowledged by the owner of the affected real property, as lessor, or (2) evidence that the applicable lease with respect to such
leasehold interest or a memorandum thereof has been recorded in all places necessary or desirable, in the Agent’s reasonable judgment, to give constructive notice to third-party purchasers of such leasehold interest, or (3) if such
leasehold interest was acquired or subleased from the holder of a recorded leasehold interest, the applicable assignment or sublease document, executed and acknowledged by such holder, in each case in form sufficient to give such constructive notice
upon recordation and otherwise in form satisfactory to the Agent, 
 (vi) without limiting Section 6.17(a)(viii) below,
evidence of the insurance required by the terms of the Mortgages, 
 (vii) upon the reasonable request of the Agent, an appraisal of each
of the owned properties described on Schedule 6.17 in form and substance reasonably acceptable to the Agent, 
 (viii) a
completed “Life of Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each Mortgaged Property (together with a notice about special flood hazard area situs and flood disaster assistance duly
executed by the Borrower and each Loan Party relating thereto, to the extent required by applicable Laws), and (2) to the extent any such real property parcels are determined to be within a special flood hazard area, (x) evidence of flood
hazard insurance (naming the Agent, on behalf of the Secured Parties, as loss payee and mortgagee) on all certificates, (y) evidence of payment of all insurance premiums for the current policy year of each and (z) copies (certified by a
Responsible Officer) of the flood insurance policies otherwise in form and substance reasonably satisfactory to the Agent, and 
 (ix)
evidence that all other action that the Agent may deem necessary or desirable in order to create valid first and subsisting Liens on the property described in the Mortgages has been taken. 

  
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 (b) Within ninety (90) days following the Closing Date (which date may be extended in the
reasonable discretion of the Agent), deliver the control agreements required pursuant to Section 4.6 of the ABL Collateral Agreement with respect to the Loan Parties. In the event of any inconsistency between this
Section 6.17(b) and the ABL Collateral Agreement, this Section 6.17(b) shall control. 
 6.18 Cash
Management. Cause all cash and Cash Equivalents of the Loan Parties to be held in accounts that are (i) subject to a perfected Lien in favor of the Agent or (ii) specifically and exclusively used for payroll, payroll taxes, and other
employee wage and benefit payments; provided that the Loan Parties may maintain accounts that are not either subject to a perfected Lien in favor of the Agent or maintained by a Lender so long as the balance in such accounts is less than $1,000,000
in the aggregate at any time.  
 6.19 Location of Inventory. Borrower will, and will cause each of its Subsidiaries to, keep
its Inventory with a value in excess of $1,000,000 in aggregate only at the locations identified on Schedule 5.26; provided, that Borrower may amend Schedule 5.26 so long as such amendment occurs by written notice to
Agent not less than 10 days prior to the date on which such Inventory is moved to such new location is relocated and so long as such new location is within the continental United States. 

6.20 Cash Dominion Triggering Event. If Excess Availability falls below 12.5% of the Maximum Revolver Amount at any time for a
period of five (5) consecutive Business Days, cash will be swept out of the Deposit Accounts subject to a Control Agreement and applied against the outstanding Loans, on a daily basis, until Excess Availability exceeds the minimum amount
specified in this Section 6.20, at all times, for a period of thirty (30) consecutive Business Days. 
 6.21
Customer Accounts. Borrower will, and will cause each of its Subsidiaries to, cause its customers to remit all payments solely into Deposit Accounts that are subject to a Control Agreement.  

6.22 Disclosure Updates. Borrower will, promptly and in no event later than 5 Business Days after obtaining knowledge thereof, notify
Agent if any written information, exhibit, or report furnished to Agent or the Lenders contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained
therein not misleading in light of the circumstances in which made. The foregoing to the contrary notwithstanding, any notification pursuant to the foregoing provision will not cure or remedy the effect of the prior untrue statement of a material
fact or omission of any material fact nor shall any such notification have the effect of amending or modifying this Agreement or any of the Schedules hereto. 

6.23 Lender Meetings. Borrower will, within 90 days after the close of each fiscal year of Borrower, at the request of Agent or of the
Required Lenders and upon reasonable prior notice, hold a conference call with all Lenders who choose to attend such meeting at which meeting shall be reviewed the financial results of the previous fiscal year and the financial condition of Borrower
and its Subsidiaries and the projections presented for the current fiscal year of Borrower. 
 6.24 Growers’ Liens. So
long as Borrower or any of its Subsidiaries purchases agricultural products from Protected Vendors, Borrower or such Subsidiary shall (i) monitor the receipt of notices of Liens and/or trusts on its assets under any Growers’ Lien Law and
provide prompt written notice thereof to Agent upon receipt thereof and, (ii) where the provisions of the FSA are applicable, issue joint checks to growers or suppliers and their respective secured parties or otherwise obtain a release of such
secured party’s Lien in accordance with the FSA.  
 7. NEGATIVE COVENANTS. 

Borrower covenants and agrees that, until termination of all of the Commitments and payment in full of the Obligations it shall not, and shall
not permit any Subsidiary to, directly or indirectly: 

  
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 7.1 Liens. Create, incur, assume or suffer to exist any Lien upon any of its
property, assets or revenues, whether now owned or hereafter acquired, other than the following: 
 (a) (i) Liens pursuant to any
Loan Document and (ii) Liens on the Collateral securing Indebtedness incurred pursuant to Section 7.3(a)(ii); provided that such Liens shall be subject to the Intercreditor Agreement; 

(b) Liens existing on the date hereof and listed on Schedule 5.8(b) and any renewals or extensions thereof; provided that
(i) the property covered thereby is not changed, (ii) the amount secured or benefited thereby is not increased except as contemplated by Section 7.3(b), (iii) the direct or any contingent obligor with respect thereto is
not changed and (iv) any renewal or extension of the obligations secured or benefited thereby is permitted by Section 7.3(b); 

(c) Liens for Taxes not yet due or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate
reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 
 (d) carriers’,
warehousemen’s, mechanics’, materialmen’s, repairmen’s, laborers or suppliers and statutorily created Liens or other like Liens arising in each case in the ordinary course of business which are not overdue for a period of more
than 30 days or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person to the extent required by GAAP; 

(e) pledges or deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other
social security legislation, other than any Lien imposed by ERISA; 
 (f) deposits to secure the performance of bids, trade contracts and
leases (other than Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(g) easements, rights-of-way, restrictions and other similar encumbrances affecting real property which, in the aggregate, are not substantial
in amount, and which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; 

(h) Liens securing judgments for the payment of money not constituting an Event of Default under Section 9.8 or securing appeal or
other surety bonds related to such judgments; 
 (i) Liens securing Indebtedness permitted under Section 7.3(e)(i);
provided that in the case of Liens securing purchase money Indebtedness and capital leases, (A) such Liens do not at any time encumber any property other than the property financed by such Indebtedness and (B) the Indebtedness
secured thereby does not exceed the cost of the property being acquired on the date of acquisition, improvements thereto and related expenses; 

(j) the interests of lessors and sublessors or licensors in respect of operating leases and leases, licenses, subleases or sublicenses granted
to others in the ordinary course of business that do not (i) interfere in any material respect with the business of the Borrower or any Subsidiary or (ii) secure any Indebtedness; 

(k) Liens securing Indebtedness of Foreign Subsidiaries permitted under Section 7.3(h); 

(l) non-exclusive licenses of patents, trademarks, copyrights and other intellectual property rights; 

  
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 (m) Liens consisting of rights of setoff or bankers’ liens on deposits of funds in favor of
banks or other depositary institutions, to the extent incurred in the ordinary course of business; 
 (n) Liens granted on the unearned
portion of insurance premiums securing the financing of insurance premiums, to the extent such financing is permitted under Section 7.3; 

(o) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with
importation of goods; 
 (p) Liens on any cash earnest money deposits made in connection with letters of intent or purchase agreements in
connection with Permitted Acquisitions; 
 (q) Liens securing Indebtedness, in an aggregate amount at any time outstanding not to exceed
$75,000,000, assumed in connection with a Permitted Acquisition to the extent such Liens are solely on the assets acquired in such Permitted Acquisition and the Indebtedness incurred in connection therewith is permitted under
Section 7.3; 
 (r) Liens on cash deposits to secure obligations in an aggregate amount at any time outstanding not to exceed
$10,000,000 under Hedge Agreements permitted under Section 7.3; 
 (s) customary option and call arrangements, rights of first
refusal and similar rights relating to Investments permitted under this Agreement; 
 (t) Liens on cash and Cash Equivalents in an aggregate
amount not to exceed $5,000,000 securing liabilities in connection with letters of credit permitted under Section 7.3(i); 
 (u)
other Liens; provided that the principal amount in the aggregate at any time outstanding secured thereby does not exceed $20,000,000; and 

(v) Liens on assets of Foreign Subsidiaries securing obligations other than Indebtedness in an aggregate amount at any time outstanding not to
exceed $10,000,000. 
 7.2 Investments. Make any Investments or incur any liabilities (including contingent liabilities) for
or in connection with any Investments, except: 
 (a) Investments held by the Borrower or such Subsidiary in the form of cash and
Cash Equivalents; 
 (b) Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of
business; 
 (c) advances to officers, directors and employees of the Borrower and Subsidiaries in an aggregate amount not to exceed
$5,000,000 at any time outstanding, for travel, entertainment, relocation and analogous ordinary business purposes; 
 (d) Investments
(i) existing on the Closing Date in Subsidiaries existing on the Closing Date, (ii) in Loan Parties (including those formed or acquired after the Closing Date so long as the Borrower and its Subsidiaries comply with the applicable
provisions of Section 6.12), (iii) by the Borrower or any other Loan Party in Foreign Subsidiaries (not a Loan Party) formed or acquired after the Closing Date; provided that (A) no Default or Event of Default shall have
occurred and be continuing, (B) the Borrower and its Subsidiaries comply with the applicable provisions of Section 6.12, (C) Excess Availability at the time of such Investment after giving effect to the proposed Investment is
not less than the greater of (y) 17.5% of the Maximum Revolver Amount and (z) $21,875,000, (D) any such Investment consisting of a loan or advance shall be subordinated to the Obligations

  
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pursuant to the Intercompany Subordination Agreement and (E) the aggregate amount of all such Investments shall not exceed $50,000,000 outstanding at any time during the term of this
Agreement (determined without regard to any write-downs or write-offs of such Investments), (iv) of the Borrower in any Guarantor and Investments of any wholly-owned Subsidiary in the Borrower or in any Guarantor so long as the parties thereto
are party to the Intercompany Subordination Agreement, and (v) Investments by any Foreign Subsidiary (that is not a Loan Party) in any other Foreign Subsidiary; 

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

(f) Investments by the Borrower or any of its Subsidiaries in the form of Permitted Acquisitions; 

(g) Guarantees permitted by Section 7.3; 

(h) Hedge Agreements to the extent permitted pursuant to Section 7.3(d); 

(i) Investments consisting of advances and prepaid expenses in connection with the purchase of goods or services in the ordinary course of
business; 
 (j) Investments received in settlement of amounts due to Borrower or any Subsidiary, whether owing as a result of Insolvency
Proceedings of an account debtor or upon the foreclosure or enforcement of any Lien in favor of Borrower or its Subsidiaries or in connection with satisfaction or enforcement of Indebtedness or other claims owing to Borrower or any Subsidiary; 

(k) Deposits of cash in the ordinary course of business to secure performance of operating leases or as required by Governmental Authorities,
public utilities or suppliers; 
 (l) Investments in the ordinary course of business resulting from entering into Bank Product Agreements or
agreements relating to Indebtedness permitted under Section 7.3(k); 
 (m) equity Investments by any Loan Party in any Subsidiary of
such Loan Party which are required by law to maintain a minimum net capital requirement or as may be otherwise required by applicable law (in each case to the extent of such requirement); 

(n) Investments acquired in a Permitted Acquisition to the extent that such Investments were not made in contemplation of or in connection
with such Permitted Acquisition and were in existence on the date of such Permitted Acquisition; 
 (o) Investments received in
consideration for Dispositions permitted under Section 7.5; 
 (p) [reserved]; 

(q) Investments paid for solely with the Equity Interests of Borrower; 

(r) Investments in connection with performance bonds, bankers’ acceptance, workers’ compensation claims, surety or appeal bond
payments, obligations in connection with self-insurance or similar obligations and bank overdrafts; 
 (s) Investments made with the
portion, if any, of the Cumulative Credit on the date that the Borrower elects to apply all or a portion thereof to this Section 7.2(s), such election to be specified in a written 

  
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notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so
applied; provided that immediately before and immediately after giving effect to any such Investment, (i) no Default or Event of Default shall have occurred and be continuing, (ii) Excess Availability at the time of such
Investment after giving effect to the proposed Investment is not less than the greater of (y) 17.5% of the Maximum Revolver Amount and (z) $21,875,000, and (iii) with respect to any Investment made utilizing clause (b) or
(c) of the definition of “Cumulative Credit”, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Senior Secured Net Leverage Ratio of 4.50:1.00, such compliance to be determined on the basis
of the financial information most recently delivered to the Agent and the Lenders pursuant to Section 6.1(a) or (b); 

(t) Investments not exceeding (i) $10,000,000 in the aggregate in any fiscal year of the Borrower prior to the fiscal quarter (if any)
when the Consolidated Leverage Ratio is less than or equal to 2.00 to 1.00 as of the end of such fiscal quarter (any such date, the “Investment Step-up Date”) and (ii) $20,000,000 in the aggregate in any fiscal year of the
Borrower after the occurrence of the Investment Step-up Date so long as Excess Availability at the time of such Investment after giving effect to the proposed Investment is not less than the greater of (y) 17.5% of the Maximum Revolver Amount
and (z) $21,875,000; provided that in no event shall the aggregate amount of Investments allowed pursuant to this Section 7.2(t) exceed $50,000,000 during the term of this Agreement; and 

(u) Investments in an aggregate amount not to exceed $50,000,000 during the term of the Agreement; provided that (A) no Event of Default
has occurred and is continuing or would result therefrom and (B) Excess Availability at the time of any such Investment after giving effect to the proposed Investment is not less than the greater of (x) 17.5% of the Maximum Revolver Amount
and (y) $21,875,000, and (C) Investments by non-Loan Parties made pursuant to this Section 7.2(u) shall not exceed $25,000,000 during the term of the Agreement. 

7.3 Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except: 

(a) Indebtedness under (i) the Loan Documents, (ii) (A) the CS Term Loan Agreement in an aggregate principal amount, when taken
together with the aggregate principal amount of Permitted Refinancings outstanding pursuant to subclause (B) below, at any time outstanding not to exceed $515,000,00, and (B) any Permitted Refinancings thereof (or successive Permitted
Refinancings thereof) and (iii) (A) the Indenture, when taken together with the aggregate principal amount of Permitted Refinancings outstanding pursuant to subclause (B) below, in an aggregate principal amount at any time outstanding
not to exceed $230,000,00 and (B) any Permitted Refinancings thereof (or successive Permitted Refinancings thereof); 
 (b)
Indebtedness outstanding on the date hereof and listed on Schedule 7.3 and any refinancings, refundings, renewals or extensions thereof; provided that the amount of such Indebtedness is not increased at the time of such refinancing,
refunding, renewal or extension except by an amount equal to a reasonable premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing, refunding, renewal or extension and by an amount equal
to any existing commitments unutilized thereunder; 
 (c) Guarantees of the Borrower or any Guarantor in respect of Indebtedness otherwise
permitted hereunder of the Borrower or any Guarantor; 
 (d) obligations (contingent or otherwise) of the Borrower or any Guarantor existing
or arising under any Hedge Agreement; provided that (i) such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments,
investments, assets or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not for purposes of speculation and (ii) such Hedge Agreement does not contain any

  
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provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party (other than pursuant to customary netting or set-off
provisions); 
 (e) Indebtedness (i) of the Borrower or any Subsidiary in respect of capital leases and purchase money obligations for
fixed or capital assets or (ii) of any Person acquired in a Permitted Acquisition (so long as such Indebtedness (A) existed prior to the acquisition of such Person by the Borrower or any Subsidiary, (B) is not created in connection
with such acquisition and (C) is solely the obligation of such Person and not of the Borrower or any other Subsidiary); provided, however, that (x) the aggregate amount of all such Indebtedness at any one time outstanding
pursuant to (x) sub-clause (i) of this clause (e) shall not exceed $35,000,000 and (y) sub-clause (ii) of this clause (e) shall not exceed $50,000,000; 

(f) intercompany Indebtedness (i) between and among Loan Parties, (ii) owed by any Loan Party to any non-Loan Party or owed by a
non-Loan Party to a Loan Party (but only to the extent permitted by Section 7.2); provided that any such Indebtedness shall be subordinated to the Obligations pursuant to the Intercompany Subordination Agreement and
(iii) between and among any non-Loan Parties; 
 (g) other Indebtedness incurred by the Borrower or any Guarantor constituting
Permitted Ratio Debt (and any Permitted Refinancings thereof (and successive Permitted Refinancing thereof)); 
 (h) Third Party Interests
issued by Securitization Vehicles in Securitizations permitted by Section 7.5(m), and Indebtedness represented by such Third Party Interests; provided that the aggregate amount of all Securitizations shall not exceed the greater
of $50,000,000 and 20% of Consolidated Net Tangible Assets at the time of incurrence (with Securitizations expressed in a currency other than Dollars being converted to Dollars at the prevailing exchange rate at the time such Securitization is
consummated); 
 (i) Indebtedness pursuant to letters of credit issued by Bank of America, N.A. in an aggregate face amount at any time
outstanding not exceeding $5,000,000; 
 (j) Indebtedness incurred under performance, surety, statutory, bid or appeal bonds; 

(k) Indebtedness in connection with credit cards, credit card processing services, debit cards, stored value cards, commercial cards or Cash
Management Services, or in connection with netting services, overdraft protection, and other like services, in each case incurred in the ordinary course of business; 

(l) accrual of interest, accretion or amortization of original issue discount, or the payment of interest in kind, in each case, on
Indebtedness that is otherwise permitted under this Section 7.3; 
 (m) Indebtedness consisting of contingent liabilities in
respect of indemnification obligations or adjustment of purchase price in connection with the consummation of Permitted Acquisitions; 
 (n)
Indebtedness consisting of (i) unsecured guarantees incurred in the ordinary course of business with respect to surety and appeal bonds, performance bonds, bid bonds, appeal bonds, completion guarantee and similar obligations,
(ii) unsecured guarantees arising from customary indemnification obligations to purchasers, and (iii) unsecured guarantees with respect to any obligations of a Subsidiary to the extent the person obligated under such guaranty could have
incurred such underlying Indebtedness under this Section 7.3; 
 (o) Indebtedness owing to former employees, officers or
directors (or spouses or estates of the foregoing) in connection with the repurchase by Borrower of Equity Interests that have been issued to such Person in an aggregate amount at any time outstanding not to exceed $5,000,000; and 

(p) other unsecured Indebtedness of the Borrower and its Subsidiaries in an aggregate principal amount not to exceed the greater of
$35,000,000 and 12.5% of Consolidated Net Tangible Assets at the time of incurrence, at any time outstanding. 

  
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 7.4 Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into another
Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, so long as no Default or Event of Default
exists or would result therefrom: 
 (a) any Subsidiary may merge with (i) the Borrower; provided that the Borrower shall be the
continuing or surviving Person and (ii) any Subsidiary; provided that (A) when any wholly-owned Subsidiary is merging with another Subsidiary, the wholly-owned Subsidiary shall be the continuing or surviving Person and (B) when
any Guarantor is merging with another Subsidiary, the continuing or surviving Person shall be a Guarantor; 
 (b) the Borrower or any
Guarantor may effect any Permitted Acquisition; provided that (i) in any such transaction involving the Borrower, the Borrower shall be the continuing or surviving Person and (ii) in any such transaction involving a Guarantor, the
continuing or surviving Person shall be a Guarantor; 
 (c) any Subsidiary may Dispose of all or substantially all of its assets (upon
voluntary liquidation, dissolution or otherwise) (i) to the Borrower or to a Guarantor or (ii) if the transferor is not a Guarantor, to any other Subsidiary; provided in each case that if the transferor in such a transaction is a
wholly-owned Subsidiary, then the transferee must either be the Borrower or a wholly-owned Subsidiary; and 
 (d) Borrower and its
Subsidiaries may consummate the DFKA Restructuring on the terms and conditions set forth in the definition thereof. 
 7.5
Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 
 (a) Dispositions of obsolete or
worn out property, or property no longer used or usable in the business, whether now owned or hereafter acquired; 
 (b) Dispositions of
inventory in the ordinary course of business; 
 (c) Dispositions of equipment or real property to the extent that (i) such property is
exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property; 

(d) Dispositions of property by the Borrower to any Subsidiary, or by any Subsidiary to the Borrower or to a Guarantor, or by any Subsidiary
that is not a Guarantor to any other Subsidiary that is not a Guarantor; provided that if the transferor of such property is the Borrower or a Guarantor, the transferee thereof must either be the Borrower or a Guarantor; 

(e) Dispositions of accounts receivable for purposes of collection in the ordinary course of business; 

(f) Dispositions of investment securities and cash equivalents in the ordinary course of business; 

(g) Dispositions permitted by Sections 7.1, 7.2 and 7.4; 

(h) Dispositions by the Borrower and its Subsidiaries of property acquired after the date hereof in Permitted Acquisitions; provided
that the fair market value of the assets to be divested in connection with any Permitted Acquisition (as reasonably determined by the board of directors of the Borrower) do not exceed an amount equal to thirty percent (30%) of the total cash
and non-cash consideration for such Permitted Acquisition; 

  
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 (i) Dispositions consisting of licensing and sublicensing on a non-exclusive basis of patents,
trademarks, copyrights and other intellectual property rights; or the lapse or abandonment of registered patents, trademarks or copyrights to the extent not economically desirable in the conduct of the Borrower’s business; 

(j) Dispositions as a result of involuntary loss, damage or destruction of property or involuntary condemnation, transfer, seizure or taking
by exercise of the power of eminent domain or otherwise, or confiscation or requisition of use of property; 
 (k) Dispositions consisting
of leasing or sub-leasing of assets in the ordinary course of business; 
 (l) Dispositions consisting of (i) the sale and lease-back
of real property in an aggregate amount not to exceed $75,000,000 and (ii) the sale and lease-back of real property of Foreign Subsidiaries; 

(m) Dispositions of Securitization Assets to Securitization Vehicles and the issuance of Third Party Interests in connection with
Securitizations; provided that (i) each such Securitization is effected on market terms as determined in good faith by the Borrower, (ii) the aggregate amount of all such Securitizations does not exceed the greater of $50,000,000
and 20% of Consolidated Net Tangible Assets at the time of incurrence (with Securitizations expressed in a currency other than Dollars being converted to Dollars at the prevailing exchange rate at the time such Securitization is consummated),
(iii) the aggregate amount of the Sellers’ Retained Interests in such Securitizations does not exceed an amount at any time outstanding that is customary for similar transactions and (iv) the proceeds to each such Securitization
Vehicle from the issuance of Third Party Interests are applied substantially simultaneously with receipt thereof to the purchase from the Borrower or any Subsidiary of Securitization Assets; 

(n) other Dispositions of property (other than Accounts or Inventory) with an aggregate fair market value in any fiscal year not exceeding the
greater of $20,000,000 or 7.5% of Consolidated Net Tangible Assets at the time of such Disposition; and 
 (o) Dispositions by the Borrower
of the common stock of the Borrower. 
 7.6 Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, or
incur any obligation (contingent or otherwise) to do so, or issue or sell any Equity Interests, except that, so long as no Default or Event of Default shall have occurred and be continuing at the time of any action described below or would result
therefrom: 
 (a) each Subsidiary may make Restricted Payments to the Borrower, the Guarantors and any other Person that owns an Equity
Interest in such Subsidiary, ratably according to their respective holdings of the type of Equity Interest in respect of which such Restricted Payment is being made; 

(b) the Borrower and each Subsidiary may declare and make dividend payments or other distributions payable solely in the common stock or other
common Equity Interests of such Person; 
 (c) the Borrower and each Subsidiary may purchase, redeem or otherwise acquire Equity Interests
issued by it with the proceeds received from the substantially concurrent issue of new shares of its common stock or other common Equity Interests; 

(d) the Borrower may issue and sell its common Equity Interests; 

(e) the Borrower may make Investments permitted pursuant to Section 7.2(c); 

(f) the Borrower may consummate Excluded Issuances; 

  
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 (g) (g) the Borrower may repurchase its Equity Interests (i) in connection with its
restricted stock grant program in an amount not exceeding $10,000,000 in any fiscal year and (ii) in an amount that would not cause the aggregate repurchase price for the Equity Interests so repurchased to, at any time, exceed the aggregate
market value (determined based on the applicable closing price thereof on the trading day immediately preceding each relevant issuance date) of the Equity Interests that have been issued by the Borrower pursuant to the Settlement at such time;
provided that aggregate repurchases pursuant to this clause (g) shall not exceed $50,000,000 during the term of the Agreement; and 

(h) the Borrower may make additional Restricted Payments with the portion, if any, of the Cumulative Credit on the date that the Borrower
elects to apply all or a portion thereof to this Section 7.6(h), such election to be specified in a written notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately
prior to such election and the amount thereof elected to be so applied; provided that, (i) Excess Availability at the time of such Investment after giving effect to the proposed Investment is not less than the greater of (y) 17.5%
of the Maximum Revolver Amount and (z) $21,875,000, and (ii) with respect to any Restricted Payment made utilizing clause (b) or (c) of the definition of “Cumulative Credit”, immediately before and after giving effect
to any such Restricted Payment, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Senior Secured Net Leverage Ratio of 4.50:1.00, such compliance to be determined on the basis of the financial information
most recently delivered to the Agent and the Lenders pursuant to Section 6.1(a) or (b). 
 7.7 Change in Nature of
Business. Engage in any material line of business substantially different from the food business or any business reasonably related thereto. 

7.8 Transactions with Affiliates. Enter into any transaction of any kind with any Affiliate of the Borrower or any of its Subsidiaries,
whether or not in the ordinary course of business, other than on fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would be obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length
transaction with a Person other than an Affiliate; provided that the foregoing restriction shall not apply to: 
 (a) transactions (other
than transactions involving Accounts and Inventory) between or among the Borrower and any of its wholly-owned Subsidiaries or between and among any wholly-owned Subsidiaries; 

(b) the payment of fees, expenses and compensation (including equity compensation) to officers and directors of the Borrower or any of its
Subsidiaries and indemnification agreements entered into by the Borrower or any of its Subsidiaries approved, in the case of fees and compensation, by the compensation committee of the Borrower in good faith; 

(c) employment and severance arrangements with officers and employees; and 

(d) rights of shareholders of the Borrower under (i) that certain Securities Purchase Agreement dated as of May 22, 2010, between
the Borrower and OCM PF/FF Adamante Holdings, Ltd., as amended to the date hereof and (ii) that certain Warrant Purchase Agreement dated as of February 9, 2014 between the Borrower and OCM PF/FF Adamante Holdings, Ltd. 

7.9 Burdensome Agreements. Enter into or permit to exist any Contractual Obligation (other than this Agreement or any other Loan
Document) that (a) limits the ability (i) of any Subsidiary to make Restricted Payments to the Borrower or any Guarantor or to otherwise transfer property to the Borrower or any Guarantor, (ii) of any Subsidiary to Guarantee the
Indebtedness of the Borrower or (iii) of the Borrower or any Subsidiary to create, incur, assume or suffer to exist Liens on property of such Person; provided, however, that clauses (i) and (iii) shall not prohibit any negative pledge
or similar provision, or restriction on transfer of property, incurred or provided in favor of any holder of Indebtedness permitted under Section 7.3(e) solely to the extent any such negative pledge relates to

  
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the property financed by or the subject of such Indebtedness; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of
such Person. Notwithstanding the foregoing, this Section 7.9 will not restrict or prohibit: 
 (a) restrictions imposed pursuant
to an agreement that has been entered into in connection with a transaction permitted pursuant to Section 7.5 with respect to the property that is subject to that transaction; 

(b) comprise restrictions imposed by any agreement relating to secured Indebtedness permitted pursuant to Section 7.3 to the
extent that such restrictions apply only to the property or assets securing such Indebtedness; 
 (c) provisions restricting subletting or
assignment of Contractual Obligations; 
 (d) restrictions and conditions imposed by the CS Term Loan Agreement as of the Closing Date (or
Permitted Refinancings thereof that do not impose additional restrictions or conditions); 
 (e) restrictions and conditions imposed by the
Indenture as of the Closing Date (or Permitted Refinancings thereof that do not impose additional restrictions or conditions); 
 (f) any
agreement in effect on the date hereof and described on Schedule 7.9; or 
 (g) customary restrictions and conditions imposed by
the documentation governing Permitted Ratio Debt (or Permitted Refinancings thereof) that are not any more adverse to the interests of the Lenders than the restrictions and conditions imposed by the Indenture as of the Closing Date. 

7.10 Use of Proceeds. Use the proceeds of any Loan, whether directly or indirectly, and whether immediately, incidentally or
ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. 

7.11 [Reserved] 
 7.12
Accounting Changes. Change its fiscal year more than once during the term of this Agreement. 
 7.13 Prepayments of
Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in violation of any subordination terms of, any Indebtedness, except (a) the prepayment of the
Loans in accordance with the terms of this Agreement, (b) regularly scheduled or required repayments of CS Term Loan Indebtedness or regularly scheduled or required repayments or redemptions of Indebtedness set forth in Schedule 7.3,
(c) the Permitted Refinancing of any Indebtedness incurred pursuant to Section 7.3, (d) a prepayment, redemption, purchase, defeasement or other satisfaction of Indebtedness made using the portion, if any, of the Cumulative
Credit on the date that the Borrower elects to apply all or a portion thereof to this Section 7.13(d), such election to be specified in a written notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount
of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; provided that, immediately before and after giving effect to any such prepayment, (a) no Default or Event of Default shall have
occurred and be continuing, (b) Excess Availability at the time of such prepayment after giving effect to the proposed prepayment is not less than the greater of (y) 17.5% of the Maximum Revolver Amount and (z) $21,875,000, and
(c) with respect to any prepayment made utilizing clause (b) or (c) of the definition of “Cumulative Credit”, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Senior Secured Net
Leverage Ratio of 4.50:1.00, such compliance to be determined on the basis of the financial information most recently delivered to the Agent and the Lenders pursuant to Section 6.1(a) or (b), (e) prepayments, redemptions,
purchases, defeasements or other satisfactions of Indebtedness on the Closing Date as part of the Transactions, or (f) a prepayment, redemption, purchase, defeasement or other satisfaction of the CS Term Loan Indebtedness; provided that,
immediately before and after giving effect to any such 

  
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prepayment, (a) no Default or Event of Default shall have occurred and be continuing, (b) Excess Availability at the time of such prepayment after giving effect to the proposed
prepayment is, and one year following the date of such proposed prepayment is projected to be, not less than the greater of (y) 20% of the Maximum Revolver Amount and (z) $25,000,000, and (c) the Borrower and its Subsidiaries shall
be, and one year following the date of such proposed prepayment shall be projected to be, in compliance, on a Pro Forma Basis, with a minimum Maintenance Fixed Charge Coverage Ratio of 1.25:1.00, such compliance to be determined on the basis of the
financial information most recently delivered to the Agent and the Lenders pursuant to Section 6.1(a) or (b), and the Borrower shall have delivered financial information and details supporting such projections in form and
substance reasonably satisfactory to Agent (it being understood that any projections provided pursuant to this Section 7.13(f) are not to be viewed as facts and that actual results may differ significantly from such projections). 

7.14 Amendment of Indebtedness or Material Contracts. Amend, modify or change in any manner any term or condition of any Indebtedness
for borrowed money in excess of the Threshold Amount, any Material Contract or any of its Organization Documents in a manner materially adverse to the Lenders. 

7.15 Inactive Subsidiaries; DFKA. (a) Permit any Inactive Subsidiary to (i) enter into any business, operations or activities
or (ii) notwithstanding anything to the contrary herein, acquire any assets or incur any liabilities (other than liabilities under the Loan Documents and liabilities imposed by law, including tax liabilities and other liabilities incidental to
its existence). 
 (b) Permit a CFC Holdco to (i) enter into any business, operations or activities or (ii) acquire any assets
(other than assets owned on the Closing Date) or incur any liabilities (other than liabilities under the Loan Documents, pledges of the stock of KFH, KFI or DFKA Intermediate under the CS Term Loan Documents and liabilities imposed by law, including
tax liabilities and other liabilities incidental to its existence); provided that, such CFC Holdco may (1) so long as Excess Availability at the time of such transaction after giving effect to the proposed transaction is not less than
the greater of (y) 17.5% of the Maximum Revolver Amount and (z) $21,875,000 or Agent otherwise agrees in its sole discretion, receive assets (other than Equity Interests) from its direct parent so long as it promptly (and in any event
within 2 Business Days) contributes such assets to one or more of its Subsidiaries in compliance with Section 7.2, (2) so long as Excess Availability at the time of such transaction after giving effect to the proposed transaction is
not less than the greater of (y) 17.5% of the Maximum Revolver Amount and (z) $21,875,000 or Agent otherwise agrees in its sole discretion, receive assets (other than Equity Interests) from its Subsidiaries so long as it promptly (and in
any event within 2 Business Days) distributes such assets to its direct parent, (3) so long as Excess Availability at the time of such transaction after giving effect to the proposed transaction is not less than the greater of (y) 17.5% of
the Maximum Revolver Amount and (z) $21,875,000 or Agent otherwise agrees in its sole discretion, incur liability in connection with intercompany Indebtedness owed to the Borrower and permitted by Section 7.3 so long as it promptly
(and in any event within 2 Business Days) contributes the proceeds thereof to one or more of its Subsidiaries (other than a CFC HoldCo) in compliance with Section 7.2, and (4) consummate the DFKA Restructuring on the terms and
conditions set forth in the definition thereof. 
 7.16 Inventory with Bailees. Store any portion of its Inventory with a value in
excess of $1,000,000 at any time with a bailee, warehouseman, or similar party unless such party has entered into a Collateral Access Agreement or will enter into a Collateral Access Agreement pursuant to Section 3.3. 

7.17 Limitation on Issuance of Equity Interests. Borrower will not permit any of its Subsidiaries to issue or sell or enter into any
agreement or arrangement for the issuance or sale of any of its Equity Interests. 
 8. FINANCIAL COVENANTS. 

Borrower covenants and agrees that, commencing on the date that Excess Availability is less than 10% of the Maximum Revolver Amount and until
termination of all of the Commitments and payment in full of the Obligations, Borrower will: 

  
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 (a) Fixed Charge Coverage Ratio. Have a Maintenance Fixed Charge Coverage Ratio (as
defined below), measured on a month-end basis, of at least 1.1:1.0. 
 “Maintenance Fixed Charge Coverage Ratio” means, as
of the last day of the most recently completed Measurement Period, the ratio of (a) Consolidated EBITDA for such Measurement Period minus Capital Expenditures (except to the extent made with the proceeds of an incurrence of Indebtedness
(other than the Loans)) made (to the extent not already incurred in a prior period) or incurred during such Measurement Period, to (b) Fixed Charges for such Measurement Period. 

9. EVENTS OF DEFAULT. 
 Any one or more
of the following events shall constitute an event of default (each, an “Event of Default”) under this Agreement: 
 9.1
Non-Payment. The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan, (ii) within three Business Days after the same becomes due, any interest on any Loan, or
(iii) within five Business Days after the same becomes due, any fee or any other amount payable hereunder or under any other Loan Document; 

9.2 Specific Covenants. Any Loan Party or any of its Subsidiaries fails to perform or observe any term, covenant or agreement contained
in any of Section 6.1, 6.2, 6.3, 6.5, 6.10, 6.11, 6.12, 6.14, 6.17, 6.18, 6.19, 6.23, Article 7, Article 8 or the ABL Guaranty Agreement or the ABL Collateral Agreement; 

9.3 Other Defaults. Any Loan Party or any of its Subsidiaries fails to perform or observe any other covenant or agreement (not
specified in subsection (a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days; 

9.4 Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made by or on
behalf of the Borrower or any other Loan Party herein, in any other Loan Document, or in any document delivered in connection herewith or therewith shall be incorrect or misleading in any material respect when made or deemed made (except that such
materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof); 

9.5 Cross-Default. (i) The Borrower or any Subsidiary fails to observe or perform any agreement or condition relating to any
Indebtedness or Guarantee (excluding Indebtedness hereunder and Indebtedness under Hedge Agreements) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any
combined or syndicated credit arrangement) of more than the Threshold Amount, or any other event occurs, in each case after any applicable grace, cure or notice period, the effect of which default or other event is to cause, or to permit the holder
or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to
be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity, or such Guarantee to
become payable or cash collateral in respect thereof to be demanded; or (ii) there occurs under any Hedge Agreement an “Early Termination Date” (as defined, or as such comparable term may be used and defined, in such Hedge Agreement)
resulting from (A) any event of default under such Hedge Agreement as to which the Borrower or any Subsidiary is the “Defaulting Party” (as defined, or as such comparable term may be used and defined, in such Hedge Agreement) or
(B) any “Termination Event” (as defined, or as such comparable term may be used and defined, in such Hedge Agreement) under such Hedge Agreement as to which the Borrower or any Subsidiary is an “Affected Party” (as defined,
or as such comparable term may be used and defined, in such Hedge Agreement) and, in either event, (x) the Termination Value owed by the Borrower or such Subsidiary as a result thereof is greater than the Threshold Amount and (y) the
occurrence of such “Early Termination Date” (as defined, or as such comparable 

  
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term may be used and defined, in such Hedge Agreement) could reasonably be expected to have a Material Adverse Effect; 

9.6 Insolvency Proceedings, Etc. Any Loan Party or any Material Subsidiary institutes or consents to the institution of any proceeding
under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any
material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged or unstayed for
60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60 calendar days,
or an order for relief is entered in any such proceeding; 
 9.7 Inability to Pay Debts; Attachment. (i) The Borrower or any
Material Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any
material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; 
 9.8
Judgments. There is entered against the Borrower or any Subsidiary (i) one or more final judgments or orders for the payment of money in an aggregate amount (as to all such judgments or orders) exceeding the Threshold Amount (to the
extent not covered by independent third-party insurance as to which the insurer does not dispute coverage) or (ii) any one or more non-monetary final judgments that have, or could reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect and, in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order or (B) there is a period of 30 consecutive days during which a stay of enforcement of such
judgment, by reason of a pending appeal or otherwise, is not in effect; 
 9.9 ERISA. (i) An ERISA Event occurs with respect to
a Pension Plan or Multiemployer Plan which results in liability of the Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of the Threshold Amount or (ii) the Borrower or any
ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess
of the Threshold Amount; 
 9.10 Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its
execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person contests in any manner
the validity or enforceability of any material provision of any Loan Document; or any Loan Party or Subsidiary denies that it has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or rescind any Loan
Document; 
 9.11 Change of Control. There occurs any Change of Control; 

9.12 Collateral Documents. Any Collateral Document after delivery thereof pursuant to Sections 3.1, 6.12 or 6.17 shall for any reason
(other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (in the case of ABL Priority Collateral) or second priority Lien (in the case of the CS Term Loan Priority Collateral), in each case
subject to Permitted Liens, on any material portion of the Collateral purported to be covered thereby; or 
 9.13 Guaranty. If the
obligation of any Guarantor under the guaranty contained in the ABL Guaranty Agreement is limited or terminated by operation of law or by such Guarantor (other than in accordance with the terms of this Agreement). 

  
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 10. RIGHTS AND REMEDIES. 

10.1 Rights and Remedies. Upon the occurrence and during the continuation of an Event of Default, Agent may, and, at the instruction of
the Required Lenders, shall (in each case under clauses (a) or (b) by written notice to Borrower), in addition to any other rights or remedies provided for hereunder or under any other Loan Document or by applicable law, do any one or more
of the following: 
 (a) (i) declare the principal of, and any and all accrued and unpaid interest and fees in respect of, the Loans and all
other Obligations (other than the Bank Product Obligations), whether evidenced by this Agreement or by any of the other Loan Documents to be immediately due and payable, whereupon the same shall become and be immediately due and payable and Borrower
shall be obligated to repay all of such Obligations in full, without presentment, demand, protest, or further notice or other requirements of any kind, all of which are hereby expressly waived by Borrower, and (ii) direct Borrower to provide
(and Borrower agrees that upon receipt of such notice it will provide) Letter of Credit Collateralization to Agent to be held as security for Borrower’s reimbursement obligations for drawings that may subsequently occur under issued and
outstanding Letters of Credit; 
 (b) declare the Commitments terminated, whereupon the Commitments shall immediately be terminated together
with (i) any obligation of any Revolving Lender to make Revolving Loans, (ii) the obligation of the Swing Lender to make Swing Loans, and (iii) the obligation of Issuing Bank to issue Letters of Credit; and 

(c) exercise all other rights and remedies available to Agent or the Lenders under the Loan Documents, under applicable law, or in equity.

 The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default described in Section 9.6, in addition to the
remedies set forth above, without any notice to Borrower or any other Person or any act by the Lender Group, the Commitments shall automatically terminate and the Obligations (other than the Bank Product Obligations), inclusive of the principal of,
and any and all accrued and unpaid interest and fees in respect of, the Loans and all other Obligations (other than the Bank Product Obligations), whether evidenced by this Agreement or by any of the other Loan Documents, shall automatically become
and be immediately due and payable and Borrower shall automatically be obligated to repay all of such Obligations in full (including Borrower being obligated to provide (and Borrower agrees that it will provide) (1) Letter of Credit
Collateralization to Agent to be held as security for Borrower’s reimbursement obligations in respect of drawings that may subsequently occur under issued and outstanding Letters of Credit and (2) Bank Product Collateralization to be held
as security for Borrower’s or its Subsidiaries’ obligations in respect of outstanding Bank Products), without presentment, demand, protest, or notice or other requirements of any kind, all of which are expressly waived by Borrower. 

10.2 Remedies Cumulative. The rights and remedies of the Lender Group under this Agreement, the other Loan Documents, and all other
agreements shall be cumulative. The Lender Group shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in equity. No exercise by the Lender Group of one right or remedy shall be deemed an election,
and no waiver by the Lender Group of any Event of Default shall be deemed a continuing waiver. No delay by the Lender Group shall constitute a waiver, election, or acquiescence by it. 

10.3 Intercreditor Agreement. Notwithstanding anything to the contrary contained herein, each Lender acknowledges that the Liens
and security interest granted to Agent, for the benefit of Agent, each member of the Lender Group, each Bank Product Provider, and their respective successors and assigns, pursuant to the Loan Documents, and the exercise of any right or remedy by
Agent thereunder, are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the other Loan Documents, the terms of the Intercreditor Agreement shall govern and
control.  

  
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 10.4 Equity Cure Right. In the event any Event of Default arises as a result of a breach
of any covenant set forth in Section 8 (each, a “Financial Covenant Default”), as of the end of any Measurement Period, the Borrower shall have the right to cure such Financial Covenant Default (the “Cure
Right”) by issuing or selling Equity Interests or receiving cash capital contributions in each case during the period of ten days following the date of delivery of the Compliance Certificate for such Measurement Period and treating the
amount of the net proceeds thereof as Consolidated EBITDA for such Measurement Period, provided that: 
 (a) the Borrower shall
deliver to the Agent written notice of its intent to exercise the Cure Right with respect to any Financial Covenant Default concurrent with the delivery by the Borrower of the Compliance Certificate for such Measurement Period; 

(b) the amount of the net proceeds of any Equity Interests or cash capital contributions treated as Consolidated EBITDA for such Measurement
Period shall be no greater that the amount required to cause the Borrower to be in compliance with the covenants set forth in Section 8 as at the end of such Measurement Period; 

(c) the Borrower shall have the right to exercise the Cure Right not more than two times in any fiscal year and not more than four times
during the term of this Agreement; and 
 (d) such net proceeds shall be treated as Consolidated EBITDA for such Measurement Period and for
the future four fiscal quarter period that includes such Measurement Period. 
 Upon receipt of evidence reasonably satisfactory to the
Agent of the Borrower’s receipt of such net proceeds, together with a restated Compliance Certificate evidencing compliance with the covenants set forth in Section 8 hereof for the Measurement Period after giving effect to the exercise of
the Cure Right in accordance with the terms hereof, in each case within such 10 day period, the Borrower shall be deemed to have satisfied the requirements of Section 8 for the Measurement Period with the same effect as though there had been no
failure to comply therewith, and the Financial Covenant Default existing from breach of such covenants shall be deemed cured for the purposes of this Agreement with no further action required by the Agent or the Lenders. 

11. WAIVERS; INDEMNIFICATION. 
 11.1
Demand; Protest; etc. Borrower waives demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of documents,
instruments, chattel paper, and guarantees at any time held by the Lender Group on which Borrower may in any way be liable. 
 11.2 The
Lender Group’s Liability for Collateral. Borrower hereby agrees that: (a) so long as Agent complies with its obligations, if any, under the Code, the Lender Group shall not in any way or manner be liable or responsible for:
(i) the safekeeping of the Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any diminution in the value thereof, or (iv) any act or default of any carrier,
warehouseman, bailee, forwarding agency, or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by Borrower. 

11.3 Indemnification. Borrower shall pay, indemnify, defend, and hold the Agent-Related Persons, the Lender-Related Persons, and each
Participant (each, an “Indemnified Person”) harmless (to the fullest extent permitted by law) from and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs, penalties, and
damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are
incurred and irrespective of whether suit is brought and whether such litigation or proceeding is brought by Borrower or any other party), at any time asserted against, imposed upon, or incurred by any of them (a) in connection with or as a
result of or related to the execution and delivery (provided that Borrower shall not be liable for costs and expenses (including attorneys fees) of any Lender 

  
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(other than Wells Fargo) incurred in advising, structuring, drafting, reviewing, administering or syndicating the Loan Documents), enforcement, performance, or administration (including any
restructuring or workout with respect hereto) of this Agreement, any of the other Loan Documents, or the transactions contemplated hereby or thereby or the monitoring of Borrower’s and its Subsidiaries’ compliance with the terms of the
Loan Documents (provided, that the indemnification in this clause (a) shall not extend to (i) disputes solely between or among the Lenders that do not involve any acts or omissions of any Loan Party, or (ii) disputes
solely between or among the Lenders and their respective Affiliates that do not involve any acts or omissions of any Loan Party; it being understood and agreed that the indemnification in this clause (a) shall extend to Agent (but not the
Lenders) relative to disputes between or among Agent on the one hand, and one or more Lenders, or one or more of their Affiliates, on the other hand, or (iii) any Taxes or any costs attributable to Taxes, which shall be governed by
Section 17), (b) with respect to any actual or prospective investigation, litigation, or proceeding related to this Agreement, any other Loan Document, the making of any Loans or issuance of any Letters of Credit
hereunder, or the use of the proceeds of the Loans or the Letters of Credit provided hereunder (irrespective of whether any Indemnified Person is a party thereto), or any act, omission, event, or circumstance in any manner related thereto, and
(c) in connection with or arising out of any presence or release of Hazardous Materials at, on, under, to or from any assets or properties owned, leased or operated by Borrower or any of its Subsidiaries or any Environmental Actions,
Environmental Liabilities or Remedial Actions related in any way to any such assets or properties of Borrower or any of its Subsidiaries (each and all of the foregoing, the “Indemnified Liabilities”). The foregoing to the contrary
notwithstanding, Borrower shall have no obligation to any Indemnified Person under this Section 11.3 with respect to any Indemnified Liability that a court of competent jurisdiction finally determines to have resulted from the gross
negligence or willful misconduct of such Indemnified Person or its officers, directors, employees, attorneys, or agents. This provision shall survive the termination of this Agreement and the repayment in full of the Obligations. If any Indemnified
Person makes any payment to any other Indemnified Person with respect to an Indemnified Liability as to which Borrower was required to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to
be indemnified and reimbursed by Borrower with respect thereto. WITHOUT LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY
NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON. 
 12. NOTICES. 

Unless otherwise provided in this Agreement, all notices or demands relating to this Agreement or any other Loan Document shall be in writing
and (except for financial statements and other informational documents which may be sent by first-class mail, postage prepaid) shall be personally delivered or sent by registered or certified mail (postage prepaid, return receipt requested),
overnight courier, electronic mail (at such email addresses as a party may designate in accordance herewith), or telefacsimile. In the case of notices or demands to Borrower or Agent, as the case may be, they shall be sent to the respective address
set forth below: 
  

			
	If to Borrower:	  	DIAMOND FOODS, INC.
		  	600 Montgomery Street, 13th Floor
		  	San Francisco, CA 94111
		  	Attn: Mr. Ray Silcock; Ms. Cindi Law
		  	 Fax No.: 209-933-6861
 Email:
claw@diamondfoods.com

		
	with copies to:	  	WINSTON & STRAWN LLP
		  	333 S. Grand Avenue
		  	Los Angeles, CA 90071
		  	Attn: Susan C. Alker, Esq.

  
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		  	 Fax No.: 213-615-1750
 Email:
salker@winston.com

		
	If to Agent:	  	WELLS FARGO BANK, NATIONAL ASSOCIATION
		  	2450 Colorado Avenue, Suite 3000 West
		  	Santa Monica, CA 90404
		  	Attn: Business Finance Division Manager
		  	Fax No.: (866) 882-4479
		
	with copies to:	  	O’MELVENY & MYERS LLP
		  	Times Square Tower
		  	7 Times Square
		  	New York, NY 10036
		  	Attn: Eric R. Reimer, Esq.
		  	Fax No.: (212) 326-2061

 Any party hereto may change the address at which they are to receive notices hereunder, by notice in writing
in the foregoing manner given to the other party. All notices or demands sent in accordance with this Section 12, shall be deemed received on the earlier of the date of actual receipt or 3 Business Days after the deposit thereof in the
mail; provided, that (a) notices sent by overnight courier service shall be deemed to have been given when received, (b) notices by facsimile shall be deemed to have been given when sent (except that, if not given during normal
business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient) and (c) notices by electronic mail shall be deemed received upon the sender’s receipt of an
acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return email or other written acknowledgment). 

13. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION. 

(a) THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN DOCUMENT IN
RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO, AND
ANY CLAIMS, CONTROVERSIES OR DISPUTES ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

(b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE TRIED
AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK, STATE OF NEW YORK; PROVIDED, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE
BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. BORROWER AND EACH MEMBER OF THE LENDER GROUP WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO
ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 12(b). 

  
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 (c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND EACH MEMBER OF THE LENDER
GROUP HEREBY WAIVE THEIR RESPECTIVE RIGHTS, IF ANY, TO A JURY TRIAL OF ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN,
INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS (EACH A “CLAIM”). BORROWER AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND
VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

(d) BORROWER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE
COUNTY OF NEW YORK AND THE STATE OF NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION
OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT AGENT MAY OTHERWISE HAVE TO
BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(e) NO CLAIM MAY BE MADE BY ANY PARTY AGAINST ANY OTHER PARTY, OR ANY AFFILIATE, DIRECTOR, OFFICER, EMPLOYEE, COUNSEL, REPRESENTATIVE,
AGENT, OR ATTORNEY-IN-FACT OF ANY OF THEM FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES OR LOSSES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATED TO THE TRANSACTIONS
CONTEMPLATED BY THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR ANY ACT, OMISSION, OR EVENT OCCURRING IN CONNECTION THEREWITH, AND EACH PARTY HERETO HEREBY WAIVES, RELEASES, AND AGREES NOT TO SUE UPON ANY CLAIM FOR SUCH DAMAGES, WHETHER OR NOT ACCRUED
AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 
 (f) IN THE EVENT ANY LEGAL PROCEEDING IS FILED IN A COURT OF THE
STATE OF CALIFORNIA (THE “COURT”) BY OR AGAINST ANY PARTY HERETO IN CONNECTION WITH ANY CLAIM AND THE WAIVER SET FORTH IN CLAUSE (C) ABOVE IS NOT ENFORCEABLE IN SUCH PROCEEDING, THE PARTIES HERETO AGREE AS FOLLOWS: 

(i) WITH THE EXCEPTION OF THE MATTERS SPECIFIED IN SUBCLAUSE (ii) BELOW, ANY CLAIM SHALL BE DETERMINED BY A GENERAL REFERENCE
PROCEEDING IN ACCORDANCE WITH THE PROVISIONS OF CALIFORNIA CODE OF CIVIL PROCEDURE SECTIONS 638 THROUGH 645.1. THE PARTIES INTEND THIS GENERAL REFERENCE AGREEMENT TO BE SPECIFICALLY ENFORCEABLE. VENUE FOR THE REFERENCE PROCEEDING SHALL BE IN THE
COUNTY OF LOS ANGELES, CALIFORNIA. 
 (ii) THE FOLLOWING MATTERS SHALL NOT BE SUBJECT TO A GENERAL REFERENCE PROCEEDING:
(A) NON-JUDICIAL FORECLOSURE OF ANY SECURITY INTERESTS IN REAL OR PERSONAL PROPERTY, (B) EXERCISE OF SELF-HELP REMEDIES (INCLUDING SET-OFF OR RECOUPMENT), (C) APPOINTMENT OF A RECEIVER, AND
(D)

  
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TEMPORARY, PROVISIONAL, OR ANCILLARY REMEDIES (INCLUDING WRITS OF ATTACHMENT, WRITS OF POSSESSION, TEMPORARY RESTRAINING ORDERS, OR PRELIMINARY INJUNCTIONS). THIS AGREEMENT DOES NOT LIMIT THE
RIGHT OF ANY PARTY TO EXERCISE OR OPPOSE ANY OF THE RIGHTS AND REMEDIES DESCRIBED IN CLAUSES (A) - (D) AND ANY SUCH EXERCISE OR OPPOSITION DOES NOT WAIVE THE RIGHT OF ANY PARTY TO PARTICIPATE IN A REFERENCE PROCEEDING PURSUANT TO THIS AGREEMENT
WITH RESPECT TO ANY OTHER MATTER. 
 (iii) UPON THE WRITTEN REQUEST OF ANY PARTY, THE PARTIES SHALL SELECT A SINGLE REFEREE, WHO
SHALL BE A RETIRED JUDGE OR JUSTICE. IF THE PARTIES DO NOT AGREE UPON A REFEREE WITHIN 10 DAYS OF SUCH WRITTEN REQUEST, THEN, ANY PARTY SHALL HAVE THE RIGHT TO REQUEST THE COURT TO APPOINT A REFEREE PURSUANT TO CALIFORNIA CODE OF CIVIL PROCEDURE
SECTION 640(B). THE REFEREE SHALL BE APPOINTED TO SIT WITH ALL OF THE POWERS PROVIDED BY LAW. PENDING APPOINTMENT OF THE REFEREE, THE COURT SHALL HAVE THE POWER TO ISSUE TEMPORARY OR PROVISIONAL REMEDIES. 

(iv) EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE REFEREE SHALL DETERMINE THE MANNER IN WHICH THE REFERENCE PROCEEDING IS
CONDUCTED INCLUDING THE TIME AND PLACE OF HEARINGS, THE ORDER OF PRESENTATION OF EVIDENCE, AND ALL OTHER QUESTIONS THAT ARISE WITH RESPECT TO THE COURSE OF THE REFERENCE PROCEEDING. ALL PROCEEDINGS AND HEARINGS CONDUCTED BEFORE THE REFEREE, EXCEPT
FOR TRIAL, SHALL BE CONDUCTED WITHOUT A COURT REPORTER, EXCEPT WHEN ANY PARTY SO REQUESTS A COURT REPORTER AND A TRANSCRIPT IS ORDERED, A COURT REPORTER SHALL BE USED AND THE REFEREE SHALL BE PROVIDED A COURTESY COPY OF THE TRANSCRIPT. THE PARTY
MAKING SUCH REQUEST SHALL HAVE THE OBLIGATION TO ARRANGE FOR AND PAY THE COSTS OF THE COURT REPORTER, PROVIDED THAT SUCH COSTS, ALONG WITH THE REFEREE’S FEES, SHALL ULTIMATELY BE BORNE BY THE PARTY WHO DOES NOT PREVAIL, AS DETERMINED BY THE
REFEREE. 
 (v) THE REFEREE MAY REQUIRE ONE OR MORE PREHEARING CONFERENCES. THE PARTIES HERETO SHALL BE ENTITLED TO DISCOVERY, AND
THE REFEREE SHALL OVERSEE DISCOVERY IN ACCORDANCE WITH THE RULES OF DISCOVERY, AND SHALL ENFORCE ALL DISCOVERY ORDERS IN THE SAME MANNER AS ANY TRIAL COURT JUDGE IN PROCEEDINGS AT LAW IN THE STATE OF CALIFORNIA. 

(vi) THE REFEREE SHALL APPLY THE RULES OF EVIDENCE APPLICABLE TO PROCEEDINGS AT LAW IN THE STATE OF CALIFORNIA AND SHALL DETERMINE ALL
ISSUES IN ACCORDANCE WITH CALIFORNIA SUBSTANTIVE AND PROCEDURAL LAW. THE REFEREE SHALL BE EMPOWERED TO ENTER EQUITABLE AS WELL AS LEGAL RELIEF AND RULE ON ANY MOTION WHICH WOULD BE AUTHORIZED IN A TRIAL, INCLUDING MOTIONS FOR DEFAULT JUDGMENT OR
SUMMARY JUDGMENT. THE REFEREE SHALL REPORT HIS OR HER DECISION, WHICH REPORT SHALL ALSO INCLUDE FINDINGS OF FACT AND CONCLUSIONS OF LAW. THE REFEREE SHALL ISSUE A DECISION AND PURSUANT TO CALIFORNIA CODE OF CIVIL PROCEDURE, SECTION 644, THE
REFEREE’S DECISION SHALL BE ENTERED BY THE COURT AS A JUDGMENT IN THE SAME MANNER AS IF THE ACTION HAD BEEN TRIED BY THE COURT. THE FINAL JUDGMENT OR ORDER FROM ANY APPEALABLE DECISION OR ORDER ENTERED BY THE REFEREE SHALL BE FULLY APPEALABLE
AS IF IT HAS BEEN ENTERED BY THE COURT. 

  
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 (vii) THE PARTIES RECOGNIZE AND AGREE THAT ALL CLAIMS RESOLVED IN A GENERAL REFERENCE
PROCEEDING PURSUANT HERETO WILL BE DECIDED BY A REFEREE AND NOT BY A JURY. AFTER CONSULTING (OR HAVING HAD THE OPPORTUNITY TO CONSULT) WITH COUNSEL OF THEIR OWN CHOICE, EACH PARTY HERETO KNOWINGLY AND VOLUNTARILY AND FOR THEIR MUTUAL BENEFIT AGREES
THAT THIS REFERENCE PROVISION SHALL APPLY TO ANY DISPUTE BETWEEN THEM THAT ARISES OUT OF OR IS RELATED TO THIS AGREEMENT OR THE OTHER LOAN DOCUMENTS. 

14. ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS. 

14.1 Assignments and Participations. 

(a) (i) Subject to the conditions set forth in clause (a)(ii) below, any Lender may assign and delegate all or any portion of its rights and
duties under the Loan Documents (including the Obligations owed to it and its Commitments) to one or more assignees so long as such prospective assignee is an Eligible Transferee (each, an “Assignee”), with the prior written consent
(such consent not be unreasonably withheld or delayed) of: 
 (A) Borrower; provided, that no consent of Borrower shall be required
(1) if an Event of Default has occurred and is continuing, (2) in connection with the Primary Syndication of the Commitments and the Obligations by Wells Fargo if such assignment is to a Person of the type customarily engaged in
transactions similar to those set forth herein (provided that Wells Fargo shall consult with Borrower in connection with such Primary Syndication; provided further that if any consent of Borrower is required in connection with
the Primary Syndication of the Commitments and the Obligations by Wells Fargo it shall not be unreasonably withheld), or (3) in connection with an assignment to a Person that is a Lender or an Affiliate (other than natural persons) of a Lender;
provided further, that Borrower shall be deemed to have consented to a proposed assignment unless it objects thereto by written notice to Agent within 5 Business Days after having received notice thereof; and 

(B) Agent, Swing Lender, and Issuing Bank. 

(ii) Assignments shall be subject to the following additional conditions: 

(A) no assignment may be made to a natural person, 

(B) no assignment may be made to a Loan Party or an Affiliate of a Loan Party, 

(C) the amount of the Commitments and the other rights and obligations of the assigning Lender hereunder and under the other Loan Documents
subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to Agent) shall be in a minimum amount (unless waived by Agent) of $5,000,000 (or the entire aggregate amount of
such Lender’s Commitment) (except such minimum amount shall not apply to (I) an assignment or delegation by any Lender to any other Lender, an Affiliate of any Lender, or a Related Fund of such Lender or (II) a group of new Lenders, each
of which is an Affiliate of each other or a Related Fund of such new Lender to the extent that the aggregate amount to be assigned to all such new Lenders is at least $5,000,000), 

(D) each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations
under this Agreement, 
 (E) the parties to each assignment shall execute and deliver to Agent an Assignment and Acceptance;
provided, that Borrower and Agent may continue to deal solely and directly with the assigning Lender in connection with the interest so assigned to an Assignee until written notice of such assignment,

  
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together with payment instructions, addresses, and related information with respect to the Assignee, have been given to Borrower and Agent by such Lender and the Assignee, 

(F) unless waived by Agent, the assigning Lender or Assignee has paid to Agent, for Agent’s separate account, a processing fee in the
amount of $3,500, and 
 (G) the assignee, if it is not a Lender, shall deliver to Agent an Administrative Questionnaire in a form approved
by Agent (the “Administrative Questionnaire”). 
 (b) From and after the date that Agent receives the executed Assignment
and Acceptance and, if applicable, payment of the required processing fee, (i) the Assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such Assignment and
Acceptance, shall be a “Lender” and shall have the rights and obligations of a Lender under the Loan Documents, and (ii) the assigning Lender shall, to the extent that rights and obligations hereunder and under the other Loan
Documents have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (except with respect to Section 11.3) and be released from any future obligations under this Agreement (and in the case of an Assignment
and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement and the other Loan Documents, such Lender shall cease to be a party hereto and thereto); provided, that nothing
contained herein shall release any assigning Lender from obligations that survive the termination of this Agreement, including such assigning Lender’s obligations under Section 16 and Section 18.9(a). 

(c) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the Assignee thereunder confirm to and agree
with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other Loan Document furnished pursuant hereto, (ii) such
assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of Borrower or the performance or observance by Borrower of any of its obligations under this Agreement or any other Loan
Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a copy of this Agreement, together with such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Acceptance, (iv) such Assignee will, independently and without reliance upon Agent, such assigning Lender or any other Lender, and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under this Agreement, (v) such Assignee appoints and authorizes Agent to take such actions and to exercise such powers under this Agreement and the other Loan Documents as
are delegated to Agent, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto, and (vi) such Assignee agrees that it will perform all of the obligations which by the terms of this Agreement are required
to be performed by it as a Lender. 
 (d) Immediately upon Agent’s receipt of the required processing fee, if applicable, and delivery
of notice to the assigning Lender pursuant to Section 14.1(b), this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the
Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto. 

(e) Any Lender may at any time sell to one or more commercial banks, financial institutions, or other Persons (a
“Participant”) participating interests in all or any portion of its Obligations, its Commitment, and the other rights and interests of that Lender (the “Originating Lender”) hereunder and under the other Loan
Documents; provided, that (i) the Originating Lender shall remain a “Lender” for all purposes of this Agreement and the other Loan Documents and the Participant receiving the participating interest in the Obligations, the
Commitments, and the other rights and interests of the Originating Lender hereunder shall not constitute a 

  
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“Lender” hereunder or under the other Loan Documents and the Originating Lender’s obligations under this Agreement shall remain unchanged, (ii) the Originating Lender shall
remain solely responsible for the performance of such obligations, (iii) Borrower, Agent, and the Lenders shall continue to deal solely and directly with the Originating Lender in connection with the Originating Lender’s rights and
obligations under this Agreement and the other Loan Documents, (iv) no Lender shall transfer or grant any participating interest under which the Participant has the right to approve any amendment to, or any consent or waiver with respect to,
this Agreement or any other Loan Document, except to the extent such amendment to, or consent or waiver with respect to this Agreement or of any other Loan Document would (A) extend the final maturity date of the Obligations hereunder in which
such Participant is participating, (B) reduce the interest rate applicable to the Obligations hereunder in which such Participant is participating, (C) release all or substantially all of the Collateral or guaranties (except to the extent
expressly provided herein or in any of the Loan Documents) supporting the Obligations hereunder in which such Participant is participating, (D) postpone the payment of, or reduce the amount of, the interest or fees payable to such Participant
through such Lender (other than a waiver of default interest), or (E) decreases the amount or postpones the due dates of scheduled principal repayments or prepayments or premiums payable to such Participant through such Lender, (v) no
participation shall be sold to a natural person, (vi) no participation shall be sold to a Loan Party or an Affiliate of a Loan Party, and (vii) all amounts payable by Borrower hereunder shall be determined as if such Lender had not sold
such participation, except that, if amounts outstanding under this Agreement are due and unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an Event of Default, each Participant shall be deemed to have
the right of set off in respect of its participating interest in amounts owing under this Agreement to the same extent as if the amount of its participating interest were owing directly to it as a Lender under this Agreement. The rights of any
Participant only shall be derivative through the Originating Lender with whom such Participant participates and no Participant shall have any rights under this Agreement or the other Loan Documents or any direct rights as to the other Lenders,
Agent, Borrower, the Collateral, or otherwise in respect of the Obligations. No Participant shall have the right to participate directly in the making of decisions by the Lenders among themselves. 

(f) In connection with any such assignment or participation or proposed assignment or participation or any grant of a security interest in, or
pledge of, its rights under and interest in this Agreement, a Lender may, subject to the provisions of Section 18.9, disclose all documents and information which it now or hereafter may have relating to Borrower and its Subsidiaries and
their respective businesses. 
 (g) Any other provision in this Agreement notwithstanding, any Lender may at any time create a security
interest in, or pledge, all or any portion of its rights under and interest in this Agreement in favor of any Federal Reserve Bank in accordance with Regulation A of the Federal Reserve Bank or U.S. Treasury Regulation 31 CFR §203.24, and such
Federal Reserve Bank may enforce such pledge or security interest in any manner permitted under applicable law. 
 (h) Agent (as a
non-fiduciary agent on behalf of Borrower) shall maintain, or cause to be maintained, a register (the “Register”) on which it enters the name and address of each Lender as the registered owner of the Commitments and any Revolving
Loans (and the principal amount thereof and stated interest thereon) held by such Lender (each, a “Registered Loan”). A Registered Loan (and the registered note, if any, evidencing the same) may be assigned or sold in whole or in
part only by registration of such assignment or sale on the Register (and each registered note shall expressly so provide) and any assignment or sale of all or part of such Commitments and any Registered Loans (and the registered note, if any,
evidencing the same) may be effected only by registration of such assignment or sale on the Register, together with the surrender of the registered note, if any, evidencing the same duly endorsed by (or accompanied by a written instrument of
assignment or sale duly executed by) the holder of such registered note, whereupon, at the request of the designated assignee(s) or transferee(s), one or more new registered notes in the same aggregate principal amount shall be issued to the
designated assignee(s) or transferee(s). Prior to the registration of assignment or sale of any Commitments and any related Registered Loan (and the registered note, if any evidencing the same), Borrower shall treat the Person in whose name such
Commitments and Registered Loan (and the registered note, if any, 

  
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evidencing the same) is registered as the owner thereof for the purpose of receiving all payments thereon and for all other purposes, notwithstanding notice to the contrary. 

(i) In the event that a Lender sells participations in the Commitments and any Registered Loan, such Lender, as a non-fiduciary agent on
behalf of Borrower, shall maintain (or cause to be maintained) a register on which it enters the name of all participants in the Commitments and Registered Loans held by it (and the principal amount (and stated interest thereon) of the portion of
such Commitments and Registered Loans that is subject to such participations) (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register
(including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary
to establish that such commitment, loan, or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. Commitments and any Registered Loan (and the registered note, if any, evidencing the same)
may be participated in whole or in part only by registration of such participation on the Participant Register (and each registered note shall expressly so provide). Any participation of such Commitments and any Registered Loan (and the registered
note, if any, evidencing the same) may be effected only by the registration of such participation on the Participant Register. 
 (j) Agent
shall make a copy of the Register available for review by Borrower from time to time as Borrower may reasonably request. 
 14.2
Successors. This Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties; provided, that Borrower may not assign this Agreement or any rights or duties hereunder without the
Lenders’ prior written consent and any prohibited assignment shall be absolutely void ab initio. No consent to assignment by the Lenders shall release Borrower from its Obligations unless expressly stated therein. A Lender may assign
this Agreement and the other Loan Documents and its rights and duties hereunder and thereunder pursuant to Section 14.1 and, except as expressly required pursuant to Section 14.1, no consent or approval by Borrower is
required in connection with any such assignment. 
 15. AMENDMENTS; WAIVERS. 

15.1 Amendments and Waivers. 

(a) No amendment, waiver or other modification of any provision of this Agreement or any other Loan Document (other than Bank Product
Agreements or the Fee Letter), and no consent with respect to any departure by Borrower therefrom, shall be effective unless the same shall be in writing and signed by the Required Lenders (or by Agent at the written request of the Required Lenders)
and the Loan Parties that are party thereto and then any such waiver or consent shall be effective, but only in the specific instance and for the specific purpose for which given; provided, that no such waiver, amendment, or consent shall,
unless in writing and signed by all of the Lenders directly affected thereby and all of the Loan Parties that are party thereto, do any of the following: 

(i) increase the amount of or extend the expiration date of any Commitment of any Lender or amend, modify, or eliminate the last sentence of
Section 2.4(c), 
 (ii) postpone or delay any date fixed by this Agreement or any other Loan Document for any payment of
principal, interest, fees, or other amounts due hereunder or under any other Loan Document, 
 (iii) reduce the principal of, or the rate
of interest on, any loan or other extension of credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan Document (except in connection with the waiver of applicability of Section 2.6(c) (which
waiver shall be effective with the written consent of the Required Lenders)), 

  
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 (iv) amend, modify, or eliminate this Section or any provision of this Agreement providing for
consent or other action by all Lenders, 
 (v) amend, modify, or eliminate Section 3.1 or 3.2, 

(vi) amend, modify, or eliminate Section 16.11, 

(vii) other than as permitted by Section 16.11, release Agent’s Lien in and to any of the Collateral, 

(viii) amend, modify, or eliminate the definitions of “Required Lenders” or “Pro Rata Share”, 

(ix) contractually subordinate any of Agent’s Liens, 

(x) other than in connection with a merger, liquidation, dissolution or sale of such Person expressly permitted by the terms hereof or the
other Loan Documents, release Borrower or any Guarantor from any obligation for the payment of money or consent to the assignment or transfer by Borrower or any Guarantor of any of its rights or duties under this Agreement or the other Loan
Documents, or 
 (xi) amend, modify, or eliminate any of the provisions of Section 2.4(b)(i) or (ii) or
Section 2.4(e) or (f); 
 (b) No amendment, waiver, modification, or consent shall amend, modify, waive, or eliminate,

 (i) the definition of, or any of the terms or provisions of, the Fee Letter, without the written consent of Agent and Borrower (and
shall not require the written consent of any of the Lenders), 
 (ii) any provision of Section 16 pertaining to Agent, or any
other rights or duties of Agent under this Agreement or the other Loan Documents, without the written consent of Agent, Borrower, and the Required Lenders; 

(c) No amendment, waiver, modification, elimination, or consent shall, without written consent of Agent, Borrower and the Supermajority
Lenders, amend, modify, or eliminate the definition of Borrowing Base or any of the defined terms (including the definitions of Eligible Accounts and Eligible Inventory) that are used in such definition to the extent that any such change results in
more credit being made available to Borrower based upon the Borrowing Base, but not otherwise, or the definition of Maximum Revolver Amount, or change Section 2.1(c); 

(d) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive any provision of this Agreement or the other
Loan Documents pertaining to Issuing Bank, or any other rights or duties of Issuing Bank under this Agreement or the other Loan Documents, without the written consent of Issuing Bank, Agent, Borrower, and the Required Lenders; 

(e) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive any provision of this Agreement or the other
Loan Documents pertaining to Swing Lender, or any other rights or duties of Swing Lender under this Agreement or the other Loan Documents, without the written consent of Swing Lender, Agent, Borrower, and the Required Lenders; and 

(f) Anything in this Section 15.1 to the contrary notwithstanding, (i) any amendment, modification, elimination, waiver,
consent, termination, or release of, or with respect to, the Intercreditor Agreement shall not require consent by or the agreement of any Loan Party, (ii) any amendment, modification, 

  
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elimination, waiver, consent, termination, or release of, or with respect to, any provision of this Agreement or any other Loan Document that relates only to the relationship of the Lender Group
among themselves, and that does not affect the rights or obligations of Borrower, shall not require consent by or the agreement of any Loan Party, and (iii) any amendment, waiver, modification, elimination, or consent of or with respect to any
provision of this Agreement or any other Loan Document may be entered into without the consent of, or over the objection of, any Defaulting Lender other than any of the matters governed by Section 15.1(a)(i) through (iv) that
affect such Lender. 
 15.2 Replacement of Certain Lenders. 

(a) If (i) any action to be taken by the Lender Group or Agent hereunder requires the consent, authorization, or agreement of all Lenders
or all Lenders affected thereby and if such action has received the consent, authorization, or agreement of the Required Lenders but not of all Lenders or all Lenders affected thereby, or (ii) any Lender makes a claim for compensation under
Section 17, then Borrower or Agent, upon at least 5 Business Days prior irrevocable notice, may permanently replace any Lender that failed to give its consent, authorization, or agreement (a “Non-Consenting Lender”) or
any Lender that made a claim for compensation (a “Tax Lender”) with one or more Replacement Lenders, and the Non-Consenting Lender or Tax Lender, as applicable, shall have no right to refuse to be replaced hereunder. Such notice to
replace the Non-Consenting Lender or Tax Lender, as applicable, shall specify an effective date for such replacement, which date shall not be later than 15 Business Days after the date such notice is given. 

(b) Prior to the effective date of such replacement, the Non-Consenting Lender or Tax Lender, as applicable, and each Replacement Lender shall
execute and deliver an Assignment and Acceptance, subject only to the Non-Consenting Lender or Tax Lender, as applicable, being repaid in full its share of the outstanding Obligations (without any premium or penalty of any kind whatsoever, but
including (i) all interest, fees and other amounts that may be due in payable in respect thereof, and (ii) an assumption of its Pro Rata Share of participations in the Letters of Credit). If the Non-Consenting Lender or Tax Lender, as
applicable, shall refuse or fail to execute and deliver any such Assignment and Acceptance prior to the effective date of such replacement, Agent may, but shall not be required to, execute and deliver such Assignment and Acceptance in the name or
and on behalf of the Non-Consenting Lender or Tax Lender, as applicable, and irrespective of whether Agent executes and delivers such Assignment and Acceptance, the Non-Consenting Lender or Tax Lender, as applicable, shall be deemed to have executed
and delivered such Assignment and Acceptance. The replacement of any Non-Consenting Lender or Tax Lender, as applicable, shall be made in accordance with the terms of Section 14.1. Until such time as one or more Replacement Lenders shall
have acquired all of the Obligations, the Commitments, and the other rights and obligations of the Non-Consenting Lender or Tax Lender, as applicable, hereunder and under the other Loan Documents, the Non-Consenting Lender or Tax Lender, as
applicable, shall remain obligated to make the Non-Consenting Lender’s or Tax Lender’s, as applicable, Pro Rata Share of Revolving Loans and to purchase a participation in each Letter of Credit, in an amount equal to its Pro Rata Share of
participations in such Letters of Credit. 
 15.3 No Waivers; Cumulative Remedies. No failure by Agent or any Lender to exercise any
right, remedy, or option under this Agreement or any other Loan Document, or delay by Agent or any Lender in exercising the same, will operate as a waiver thereof. No waiver by Agent or any Lender will be effective unless it is in writing, and then
only to the extent specifically stated. No waiver by Agent or any Lender on any occasion shall affect or diminish Agent’s and each Lender’s rights thereafter to require strict performance by Borrower of any provision of this Agreement.
Agent’s and each Lender’s rights under this Agreement and the other Loan Documents will be cumulative and not exclusive of any other right or remedy that Agent or any Lender may have. 

16. AGENT; THE LENDER GROUP. 
 16.1
Appointment and Authorization of Agent. Each Lender hereby designates and appoints Wells Fargo as its agent under this Agreement and the other Loan Documents and each Lender hereby irrevocably

  
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authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to designate, appoint, and authorize) Agent to execute and deliver each of the other Loan
Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to Agent by the terms of this
Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Agent agrees to act as agent for and on behalf of the Lenders (and the Bank Product Providers) on the conditions contained in this
Section 16. Any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except those expressly set forth herein or in the other
Loan Documents, nor shall Agent have or be deemed to have any fiduciary relationship with any Lender (or Bank Product Provider), and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Loan Document or otherwise exist against Agent. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan Documents with reference to Agent is not intended to
connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only a representative
relationship between independent contracting parties. Each Lender hereby further authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize) Agent to act as the secured party under each of the
Loan Documents that create a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights
or taking or refraining from taking any actions that Agent expressly is entitled to take or assert under or pursuant to this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, or of any other provision of the
Loan Documents that provides rights or powers to Agent, Lenders agree that Agent shall have the right to exercise the following powers as long as this Agreement remains in effect: (a) maintain, in accordance with its customary business
practices, ledgers and records reflecting the status of the Obligations, the Collateral, payments and proceeds of Collateral, and related matters, (b) execute or file any and all financing or similar statements or notices, amendments, renewals,
supplements, documents, instruments, proofs of claim, notices and other written agreements with respect to the Loan Documents, (c) make Revolving Loans, for itself or on behalf of Lenders, as provided in the Loan Documents, (d) exclusively
receive, apply, and distribute payments and proceeds of the Collateral as provided in the Loan Documents, (e) open and maintain such bank accounts and cash management arrangements as Agent deems necessary and appropriate in accordance with the
Loan Documents for the foregoing purposes, (f) perform, exercise, and enforce any and all other rights and remedies of the Lender Group with respect to Borrower or its Subsidiaries, the Obligations, the Collateral, or otherwise related to any
of same as provided in the Loan Documents, and (g) incur and pay such Lender Group Expenses as Agent may deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. 

16.2 Delegation of Duties. Agent may execute any of its duties under this Agreement or any other Loan Document by or through agents,
employees or attorneys in fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Agent shall not be responsible for the negligence or misconduct of any agent or attorney in fact that it selects as long as
such selection was made without gross negligence or willful misconduct. 
 16.3 Liability of Agent. None of the Agent-Related Persons
shall (a) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except for its own gross negligence or willful
misconduct), or (b) be responsible in any manner to any of the Lenders (or Bank Product Providers) for any recital, statement, representation or warranty made by Borrower or any of its Subsidiaries or Affiliates, or any officer or director
thereof, contained in this Agreement or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by Agent under or in connection with, this Agreement or any other Loan
Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of Borrower or its Subsidiaries or any other party to any Loan Document to perform its obligations
hereunder or thereunder. No Agent-Related Person shall be under any obligation to any Lenders (or Bank Product Providers) to ascertain or to inquire as to the observance or performance of any of the agreements

  
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contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the books and records or properties of Borrower or its Subsidiaries. 

16.4 Reliance by Agent. Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, resolution, notice,
consent, certificate, affidavit, letter, telegram, telefacsimile or other electronic method of transmission, telex or telephone message, statement or other document or conversation believed by it to be genuine and correct and to have been signed,
sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to Borrower or counsel to any Lender), independent accountants and other experts selected by Agent. Agent shall be fully justified in
failing or refusing to take any action under this Agreement or any other Loan Document unless Agent shall first receive such advice or concurrence of the Lenders as it deems appropriate and until such instructions are received, Agent shall act, or
refrain from acting, as it deems advisable. If Agent so requests, it shall first be indemnified to its reasonable satisfaction by the Lenders (and, if it so elects, the Bank Product Providers) against any and all liability and expense that may be
incurred by it by reason of taking or continuing to take any such action. Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of
the Required Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders (and Bank Product Providers). 

16.5 Notice of Default or Event of Default. Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or
Event of Default, except with respect to defaults in the payment of principal, interest, fees, and expenses required to be paid to Agent for the account of the Lenders and, except with respect to Events of Default of which Agent has actual
knowledge, unless Agent shall have received written notice from a Lender or Borrower referring to this Agreement, describing such Default or Event of Default, and stating that such notice is a “notice of default.” Agent promptly will
notify the Lenders of its receipt of any such notice or of any Event of Default of which Agent has actual knowledge. If any Lender obtains actual knowledge of any Event of Default, such Lender promptly shall notify the other Lenders and Agent of
such Event of Default. Each Lender shall be solely responsible for giving any notices to its Participants, if any. Subject to Section 16.4, Agent shall take such action with respect to such Default or Event of Default as may be requested
by the Required Lenders in accordance with Section 9; provided, that unless and until Agent has received any such request, Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with
respect to such Default or Event of Default as it shall deem advisable. 
 16.6 Credit Decision. Each Lender (and Bank Product
Provider) acknowledges that none of the Agent-Related Persons has made any representation or warranty to it, and that no act by Agent hereinafter taken, including any review of the affairs of Borrower and its Subsidiaries or Affiliates, shall be
deemed to constitute any representation or warranty by any Agent-Related Person to any Lender (or Bank Product Provider). Each Lender represents (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to represent)
to Agent that it has, independently and without reliance upon any Agent-Related Person and based on such due diligence, documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, prospects,
operations, property, financial and other condition and creditworthiness of Borrower or any other Person party to a Loan Document, and all applicable bank regulatory laws relating to the transactions contemplated hereby, and made its own decision to
enter into this Agreement and to extend credit to Borrower. Each Lender also represents (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to represent) that it will, independently and without reliance upon
any Agent-Related Person and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan
Documents, and to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of Borrower or any other Person party to a Loan Document.
Except for notices, reports, and other documents expressly herein required to be furnished to the Lenders by Agent, Agent shall not have any duty or responsibility to provide any Lender (or Bank Product Provider) with any credit or other information
concerning the business, prospects, operations, property, financial and other condition or creditworthiness of Borrower or any other Person party to a Loan Document that may come into the 

  
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possession of any of the Agent-Related Persons. Each Lender acknowledges (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that Agent does
not have any duty or responsibility, either initially or on a continuing basis (except to the extent, if any, that is expressly specified herein) to provide such Lender (or Bank Product Provider) with any credit or other information with respect to
Borrower, its Affiliates or any of their respective business, legal, financial or other affairs, and irrespective of whether such information came into Agent’s or its Affiliates’ or representatives’ possession before or after the date
on which such Lender became a party to this Agreement (or such Bank Product Provider entered into a Bank Product Agreement). 
 16.7
Costs and Expenses; Indemnification. Agent may incur and pay Lender Group Expenses to the extent Agent reasonably deems necessary or appropriate for the performance and fulfillment of its functions, powers, and obligations pursuant to the
Loan Documents, including court costs, attorneys fees and expenses, fees and expenses of financial accountants, advisors, consultants, and appraisers, costs of collection by outside collection agencies, auctioneer fees and expenses, and costs of
security guards or insurance premiums paid to maintain the Collateral, whether or not Borrower is obligated to reimburse Agent or Lenders for such expenses pursuant to this Agreement or otherwise. Agent is authorized and directed to deduct and
retain sufficient amounts from payments or proceeds of the Collateral received by Agent to reimburse Agent for such out-of-pocket costs and expenses prior to the distribution of any amounts to Lenders (or Bank Product Providers). In the event Agent
is not reimbursed for such costs and expenses by Borrower or its Subsidiaries, each Lender hereby agrees that it is and shall be obligated to pay to Agent such Lender’s ratable thereof. Whether or not the transactions contemplated hereby are
consummated, each of the Lenders, on a ratable basis, shall indemnify and defend the Agent-Related Persons (to the extent not reimbursed by or on behalf of Borrower and without limiting the obligation of Borrower to do so) from and against any and
all Indemnified Liabilities; provided, that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting solely from such Person’s gross negligence or willful misconduct
nor shall any Lender be liable for the obligations of any Defaulting Lender in failing to make a Revolving Loan or other extension of credit hereunder. Without limitation of the foregoing, each Lender shall reimburse Agent upon demand for such
Lender’s ratable share of any costs or out of pocket expenses (including attorneys, accountants, advisors, and consultants fees and expenses) incurred by Agent in connection with the preparation, execution, delivery, administration,
modification, amendment, or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement or any other Loan Document to the extent that Agent is not
reimbursed for such expenses by or on behalf of Borrower. The undertaking in this Section shall survive the payment of all Obligations hereunder and the resignation or replacement of Agent. 

16.8 Agent in Individual Capacity. Wells Fargo and its Affiliates may make loans to, issue letters of credit for the account of, accept
deposits from, provide Bank Products to, acquire Equity Interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Borrower and its Subsidiaries and Affiliates and any other Person
party to any Loan Document as though Wells Fargo were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other members of the Lender Group acknowledge (and by entering into a Bank
Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, pursuant to such activities, Wells Fargo or its Affiliates may receive information regarding Borrower or its Affiliates or any other Person party to any Loan
Documents that is subject to confidentiality obligations in favor of Borrower or such other Person and that prohibit the disclosure of such information to the Lenders (or Bank Product Providers), and the Lenders acknowledge (and by entering into a
Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver Agent will use its reasonable best efforts to obtain),
Agent shall not be under any obligation to provide such information to them. The terms “Lender” and “Lenders” include Wells Fargo in its individual capacity. 

16.9 Successor Agent. Agent may resign as Agent upon 30 days (10 days if an Event of Default has occurred and is continuing) prior
written notice to the Lenders (unless such notice is waived by the Required Lenders) and Borrower (unless such notice is waived by Borrower) and without any notice to the Bank Product Providers. If Agent resigns under this Agreement, the Required
Lenders shall be entitled, with (so long as no Event 

  
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of Default has occurred and is continuing) the consent of Borrower (such consent not to be unreasonably withheld, delayed, or conditioned), appoint a successor Agent for the Lenders (and the Bank
Product Providers). If, at the time that Agent’s resignation is effective, it is acting as Issuing Bank or the Swing Lender, such resignation shall also operate to effectuate its resignation as Issuing Bank or the Swing Lender, as applicable,
and it shall automatically be relieved of any further obligation to issue Letters of Credit, or to make Swing Loans. If no successor Agent is appointed prior to the effective date of the resignation of Agent, Agent may appoint, after consulting with
the Lenders and Borrower, a successor Agent. If Agent has materially breached or failed to perform any material provision of this Agreement or of applicable law, the Required Lenders may agree in writing to remove and replace Agent with a successor
Agent from among the Lenders with (so long as no Event of Default has occurred and is continuing) the consent of Borrower (such consent not to be unreasonably withheld, delayed, or conditioned). In any such event, upon the acceptance of its
appointment as successor Agent hereunder, such successor Agent shall succeed to all the rights, powers, and duties of the retiring Agent and the term “Agent” shall mean such successor Agent and the retiring Agent’s appointment,
powers, and duties as Agent shall be terminated. After any retiring Agent’s resignation hereunder as Agent, the provisions of this Section 16 shall inure to its benefit as to any actions taken or omitted to be taken by it while it
was Agent under this Agreement. If no successor Agent has accepted appointment as Agent by the date which is 30 days following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall nevertheless thereupon become
effective and the Lenders shall perform all of the duties of Agent hereunder until such time, if any, as the Lenders appoint a successor Agent as provided for above. 

16.10 Lender in Individual Capacity. Any Lender and its respective Affiliates may make loans to, issue letters of credit for the
account of, accept deposits from, provide Bank Products to, acquire Equity Interests in and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Borrower and its Subsidiaries and Affiliates and any
other Person party to any Loan Documents as though such Lender were not a Lender hereunder without notice to or consent of the other members of the Lender Group (or the Bank Product Providers). The other members of the Lender Group acknowledge (and
by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, pursuant to such activities, such Lender and its respective Affiliates may receive information regarding Borrower or its Affiliates or any
other Person party to any Loan Documents that is subject to confidentiality obligations in favor of Borrower or such other Person and that prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge (and by entering into
a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver such Lender will use its reasonable best efforts to
obtain), such Lender shall not be under any obligation to provide such information to them. 
 16.11 Collateral Matters. 

(a) The Lenders hereby irrevocably authorize (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to
authorize) Agent to release any Lien on any Collateral (i) upon the termination of the Commitments and payment and satisfaction in full by Borrower of all of the Obligations, (ii) constituting property being sold or disposed of if a
release is required or desirable in connection therewith and if Borrower certifies to Agent that the sale or disposition is permitted under Section 7.5 (and Agent may rely conclusively on any such certificate, without further inquiry),
(iii) constituting property in which Borrower or its Subsidiaries owned no interest at the time Agent’s Lien was granted nor at any time thereafter, (iv) constituting property leased or licensed to Borrower or its Subsidiaries under a
lease or license that has expired or is terminated in a transaction permitted under this Agreement, (v) if required under the Intercreditor Agreement, or (vi) in connection with a credit bid or purchase authorized under this
Section 16.11. The Loan Parties and the Lenders hereby irrevocably authorize (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize) Agent, based upon the instruction of the Required
Lenders, to (a) consent to, credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any sale thereof conducted under the provisions of the Bankruptcy Code, including
Section 363 of the Bankruptcy Code, (b) credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any sale or other disposition thereof conducted under the provisions of the
Code, including pursuant to Sections 9-610 or 9-620 of the Code, or (c) credit bid or purchase (either directly or 

  
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indirectly through one or more entities) all or any portion of the Collateral at any other sale or foreclosure conducted or consented to by Agent in accordance with applicable law in any judical
action or proceeding or by the exercise of any legal or equitable remedy. In connection with any such credit bid or purchase, (i) the Obligations owed to the Lenders and the Bank Product Providers shall be entitled to be, and shall be, credit
bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims being estimated for such purpose if the fixing or liquidation thereof would not impair or unduly delay the ability of Agent to credit bid or purchase at such
sale or other disposition of the Collateral and, if such contingent or unliquidated claims cannot be estimated without impairing or unduly delaying the ability of Agent to credit bid at such sale or other disposition, then such claims shall be
disregarded, not credit bid, and not entitled to any interest in the Collateral that is the subject of such credit bid or purchase) and the Lenders and the Bank Product Providers whose Obligations are credit bid shall be entitled to receive
interests (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate amount of Obligations so credit bid) in the Collateral that is the subject of such credit bid or purchase (or in the Equity Interests of the
any entities that are used to consummate such credit bid or purchase), and (ii) Agent, based upon the instruction of the Required Lenders, may accept non-cash consideration, including debt and equity securities issued by any entities used to
consummate such credit bid or purchase and in connection therewith Agent may reduce the Obligations owed to the Lenders and the Bank Product Providers (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate
amount of Obligations so credit bid) based upon the value of such non-cash consideration. Except as provided above, Agent will not execute and deliver a release of any Lien on any Collateral without the prior written authorization of (y) if the
release is of all or substantially all of the Collateral, all of the Lenders (without requiring the authorization of the Bank Product Providers), or (z) otherwise, the Required Lenders (without requiring the authorization of the Bank Product
Providers). Upon request by Agent or Borrower at any time, the Lenders will (and if so requested, the Bank Product Providers will) confirm in writing Agent’s authority to release any such Liens on particular types or items of Collateral
pursuant to this Section 16.11; provided, that (1) anything to the contrary contained in any of the Loan Documents notwithstanding, Agent shall not be required to execute any document or take any action necessary to evidence
such release on terms that, in Agent’s opinion, could expose Agent to liability or create any obligation or entail any consequence other than the release of such Lien without recourse, representation, or warranty, and (2) such release
shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those expressly released) upon (or obligations of Borrower in respect of) any and all interests retained by Borrower, including, the proceeds of any sale,
all of which shall continue to constitute part of the Collateral. Each Lender further hereby irrevocably authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to irrevocably authorize) Agent, at its
option and in its sole discretion, to subordinate any Lien granted to or held by Agent under any Loan Document to the holder of any Permitted Lien on such property if such Permitted Lien secures purchase money Indebtedness permitted to be incurred
hereunder or the GE Term Loan Facility or if such subordination is required under the Intercreditor Agreement. 
 (b) Agent shall have no
obligation whatsoever to any of the Lenders (or the Bank Product Providers) (i) to verify or assure that the Collateral exists or is owned by Borrower or its Subsidiaries or is cared for, protected, or insured or has been encumbered,
(ii) to verify or assure that Agent’s Liens have been properly or sufficiently or lawfully created, perfected, protected, or enforced or are entitled to any particular priority, (iii) to verify or assure that any particular items of
Collateral meet the eligibility criteria applicable in respect thereof, (iv) to impose, maintain, increase, reduce, implement, or eliminate any particular reserve hereunder or to determine whether the amount of any reserve is appropriate or
not, or (v) to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of the rights, authorities and powers granted or available to Agent pursuant to any of the Loan
Documents, it being understood and agreed that in respect of the Collateral, or any act, omission, or event related thereto, subject to the terms and conditions contained herein, Agent may act in any manner it may deem appropriate, in its sole
discretion given Agent’s own interest in the Collateral in its capacity as one of the Lenders and that Agent shall have no other duty or liability whatsoever to any Lender (or Bank Product Provider) as to any of the foregoing, except as
otherwise expressly provided herein. 

  
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 16.12 Restrictions on Actions by Lenders; Sharing of Payments. 

(a) Each of the Lenders agrees that it shall not, without the express written consent of Agent, and that it shall, to the extent it is
lawfully entitled to do so, upon the written request of Agent, set off against the Obligations, any amounts owing by such Lender to Borrower or its Subsidiaries or any deposit accounts of Borrower or its Subsidiaries now or hereafter maintained with
such Lender. Each of the Lenders further agrees that it shall not, unless specifically requested to do so in writing by Agent, take or cause to be taken any action, including, the commencement of any legal or equitable proceedings to enforce any
Loan Document against Borrower or any Guarantor or to foreclose any Lien on, or otherwise enforce any security interest in, any of the Collateral. 

(b) If, at any time or times any Lender shall receive (i) by payment, foreclosure, setoff, or otherwise, any proceeds of Collateral or
any payments with respect to the Obligations, except for any such proceeds or payments received by such Lender from Agent pursuant to the terms of this Agreement, or (ii) payments from Agent in excess of such Lender’s Pro Rata Share of all
such distributions by Agent, such Lender promptly shall (A) turn the same over to Agent, in kind, and with such endorsements as may be required to negotiate the same to Agent, or in immediately available funds, as applicable, for the account of
all of the Lenders and for application to the Obligations in accordance with the applicable provisions of this Agreement and the Intercreditor Agreement, or (B) purchase, without recourse or warranty, an undivided interest and participation in
the Obligations owed to the other Lenders so that such excess payment received shall be applied ratably as among the Lenders in accordance with their Pro Rata Shares; provided, that to the extent that such excess payment received by the
purchasing party is thereafter recovered from it, those purchases of participations shall be rescinded in whole or in part, as applicable, and the applicable portion of the purchase price paid therefor shall be returned to such purchasing party, but
without interest except to the extent that such purchasing party is required to pay interest in connection with the recovery of the excess payment. 

16.13 Agency for Perfection. Agent hereby appoints each other Lender (and each Bank Product Provider) as its agent (and each Lender
hereby accepts (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to accept) such appointment) for the purpose of perfecting Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as
applicable, of the Code can be perfected by possession or control. Should any Lender obtain possession or control of any such Collateral, such Lender shall notify Agent thereof, and, promptly upon Agent’s request therefor shall deliver
possession or control of such Collateral to Agent or in accordance with Agent’s instructions. 
 16.14 Payments by Agent to the
Lenders. All payments to be made by Agent to the Lenders (or Bank Product Providers) shall be made by bank wire transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by written
notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations. 

16.15 Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into
this Agreement and the other Loan Documents. Each member of the Lender Group agrees (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to agree) that any action taken by Agent in accordance with the terms of
this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the
Lenders (and such Bank Product Provider). 
 16.16 Field Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and
Information. By becoming a party to this Agreement, each Lender: 

  
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 (a) is deemed to have requested that Agent furnish such Lender, promptly after it becomes
available, a copy of each field examination report respecting Borrower or its Subsidiaries (each, a “Report”) prepared by or at the request of Agent, and Agent shall so furnish each Lender with such Reports, 

(b) expressly agrees and acknowledges that Agent does not (i) make any representation or warranty as to the accuracy of any Report, and
(ii) shall not be liable for any information contained in any Report, 
 (c) expressly agrees and acknowledges that the Reports are not
comprehensive audits or examinations, that Agent or other party performing any field examination will inspect only specific information regarding Borrower and its Subsidiaries and will rely significantly upon Borrower’s and its
Subsidiaries’ books and records, as well as on representations of Borrower’s personnel, 
 (d) agrees to keep all Reports and
other material, non-public information regarding Borrower and its Subsidiaries and their operations, assets, and existing and contemplated business plans in a confidential manner in accordance with Section 18.9, and 

(e) without limiting the generality of any other indemnification provision contained in this Agreement, agrees: (i) to hold Agent and any
other Lender preparing a Report harmless from any action the indemnifying Lender may take or fail to take or any conclusion the indemnifying Lender may reach or draw from any Report in connection with any loans or other credit accommodations that
the indemnifying Lender has made or may make to Borrower, or the indemnifying Lender’s participation in, or the indemnifying Lender’s purchase of, a loan or loans of Borrower, and (ii) to pay and protect, and indemnify, defend and
hold Agent, and any such other Lender preparing a Report harmless from and against, the claims, actions, proceedings, damages, costs, expenses, and other amounts (including, attorneys fees and costs) incurred by Agent and any such other Lender
preparing a Report as the direct or indirect result of any third parties who might obtain all or part of any Report through the indemnifying Lender. 

(f) In addition to the foregoing, (x) any Lender may from time to time request of Agent in writing that Agent provide to such Lender a
copy of any report or document provided by Borrower or its Subsidiaries to Agent that has not been contemporaneously provided by Borrower or such Subsidiary to such Lender, and, upon receipt of such request, Agent promptly shall provide a copy of
same to such Lender, (y) to the extent that Agent is entitled, under any provision of the Loan Documents, to request additional reports or information from Borrower or its Subsidiaries, any Lender may, from time to time, reasonably request
Agent to exercise such right as specified in such Lender’s notice to Agent, whereupon Agent promptly shall request of Borrower the additional reports or information reasonably specified by such Lender, and, upon receipt thereof from Borrower or
such Subsidiary, Agent promptly shall provide a copy of same to such Lender, and (z) any time that Agent renders to Borrower a statement regarding the Loan Account, Agent shall send a copy of such statement to each Lender. 

16.17 Several Obligations; No Liability. Notwithstanding that certain of the Loan Documents now or hereafter may have been or will be
executed only by or in favor of Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder shall constitute the several (and not joint)
obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the amount of their respective Commitments.
Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lender. Each Lender shall be solely responsible
for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any other Lender. Except as provided in
Section 16.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to Borrower or any other Person for any failure by any other Lender (or Bank
Product Provider) to fulfill its obligations to make credit available hereunder, nor to advance for such Lender (or Bank Product Provider) 

  
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or on its behalf, nor to take any other action on behalf of such Lender (or Bank Product Provider) hereunder or in connection with the financing contemplated herein. 

16.18 Sole Lead Arranger, Sole Book Runner, Syndication Agent, and Documentation Agent. Each of the Sole Lead Arranger, Sole Book
Runner, Syndication Agent, and Documentation Agent, in such capacities, shall not have any right, power, obligation, liability, responsibility, or duty under this Agreement other than those applicable to it in its capacity as a Lender, as Agent, as
Swing Lender, or as Issuing Bank. Without limiting the foregoing, each of the Sole Lead Arranger, Sole Book Runner, Syndication Agent, and Documentation Agent, in such capacities, shall not have or be deemed to have any fiduciary relationship with
any Lender or any Loan Party. Each Lender, Agent, Swing Lender, Issuing Bank, and each Loan Party acknowledges that it has not relied, and will not rely, on the Sole Lead Arranger, Sole Book Runner, Syndication Agent, and Documentation Agent in
deciding to enter into this Agreement or in taking or not taking action hereunder. Each of the Sole Lead Arranger, Sole Book Runner, Syndication Agents, and Documentation Agent, in such capacities, shall be entitled to resign at any time by giving
notice to Agent and Borrower. 
 17. WITHHOLDING TAXES. 

17.1 Payments. All payments made by Borrower hereunder or under any note or other Loan Document will be made without setoff,
counterclaim, or other defense. In addition, all such payments will be made free and clear of, and without deduction or withholding for, any present or future Indemnified Taxes, and in the event any deduction or withholding of Indemnified Taxes is
required, Borrower shall comply with the next sentence of this Section 17.1. If any Indemnified Taxes are so levied or imposed, Borrower agrees to pay the full amount of such Indemnified Taxes and such additional amounts as may be
necessary so that every payment of all amounts due under this Agreement, any note, or Loan Document, including any amount paid pursuant to this Section 17.1 after withholding or deduction for or on account of any Indemnified Taxes, will
not be less than the amount provided for herein. Borrower will furnish to Agent as promptly as possible after the date the payment of any Indemnified Tax is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by
Borrower. Borrower agrees to pay any present or future stamp, value added or documentary taxes or any other excise or property taxes, charges, or similar levies that arise from any payment made hereunder or from the execution, delivery, performance,
recordation, or filing of, or otherwise with respect to this Agreement or any other Loan Document, except any such taxes that are imposed in respect of an assignment or participant. 

17.2 Exemptions.  
 (a)
If a Lender or Participant is a “United States person” within the meaning of Section 7701(a)(30) of the IRC, such Lender or Participant shall deliver to the Borrower and the Agent on or prior to the date on which such Lender or
Participant becomes a Lender or Participant under this Agreement (and from time to time thereafter upon the request of the Borrower or the Agent) executed originals of IRS Form W-9 or such other documentation or information prescribed by applicable
Laws or reasonably requested by the Borrower or the Agent, in ease case, certifying that such Lender or Participant is exempt from U.S. federal backup withholding tax. 

(b) If a Lender or Participant is entitled to claim an exemption or reduction from United States withholding tax, such Lender or Participant
agrees with and in favor of Agent, to deliver to Agent (or, in the case of a Participant, to the Lender granting the participation only) one of the following before receiving its first payment under this Agreement: 

(i) if such Lender or Participant is entitled to claim an exemption from United States withholding tax pursuant to the portfolio interest
exception, (A) a statement of the Lender or Participant, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section 881(c)(3)(A) of the IRC, (II) a 10% shareholder of Borrower (within the meaning
of Section 871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to Borrower within the meaning of Section 864(d)(4) of the IRC, and (B) a properly completed and executed IRS Form W-8BEN or Form W-8IMY (with
proper attachments); 

  
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 (ii) if such Lender or Participant is entitled to claim an exemption from, or a reduction of,
withholding tax under a United States tax treaty, a properly completed and executed copy of IRS Form W-8BEN; 
 (iii) if such Lender or
Participant is entitled to claim that payments under this Agreement are exempt from United States withholding tax because it is effectively connected with a United States trade or business of such Lender, a properly completed and executed copy of
IRS Form W-8ECI; 
 (iv) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United
States withholding tax because such Lender or Participant serves as an intermediary, a properly completed and executed copy of IRS Form W-8IMY (with proper attachments); or 

(c) if a payment made to a Lender or Participant under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if
such Lender or Participant were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the IRC, as applicable), such Lender or Participant shall deliver to the Borrower
and the Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Agent such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the IRC)
and such additional documentation reasonably requested by the Borrower or the Agent as may be necessary for the Borrower and the Agent to comply with their obligations under FATCA and to determine that such Lender or Participant has complied with
such Lender’s or Participant’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (c), “FATCA” shall include any amendments made to FATCA after the date
of this Agreement 
 (d) Each Lender or Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any
previously delivered forms and to promptly notify Agent (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or reduction. 

(e) If a Lender or Participant claims an exemption from withholding tax in a jurisdiction other than the United States, such Lender or such
Participant agrees with and in favor of Agent, to deliver to Agent (or, in the case of a Participant, to the Lender granting the participation only) any such form or forms, as may be required under the laws of such jurisdiction as a condition to
exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its first payment under this Agreement, but only if such Lender or such Participant is legally able to deliver such forms, provided, that nothing
in this Section 17.2(e) shall require a Lender or Participant to disclose any information that it deems to be confidential (including without limitation, its tax returns). Each Lender and each Participant shall provide new forms (or
successor forms) upon the expiration or obsolescence of any previously delivered forms and to promptly notify Agent (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify
or render invalid any claimed exemption or reduction. 
 (f) If a Lender or Participant claims exemption from, or reduction of, withholding
tax and such Lender or Participant sells, assigns, grants a participation in, or otherwise transfers all or part of the Obligations of Borrower to such Lender or Participant, such Lender or Participant agrees to notify Agent (or, in the case of a
sale of a participation interest, to the Lender granting the participation only) of the percentage amount in which it is no longer the beneficial owner of Obligations of Borrower to such Lender or Participant. To the extent of such percentage
amount, Agent will treat such Lender’s or such Participant’s documentation provided pursuant to Section 17.2 as no longer valid. With respect to such percentage amount, such Participant or Assignee may provide new
documentation, pursuant to Section 17.2, if applicable. Borrower agrees that each Participant shall be entitled to the benefits of this Section 17 with respect to its participation in any portion of the Commitments and the
Obligations as if such Participant were a Lender hereunder so long as such Participant complies with the obligations set forth in this Section 17 with respect thereto. 

  
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 17.3 Reductions.  

(a) If a Lender or a Participant is subject to an applicable withholding tax, Agent (or, in the case of a Participant, the Lender granting the
participation) may withhold from any payment to such Lender or such Participant an amount equivalent to the applicable withholding tax. If the forms or other documentation required by Section 17.2 are not delivered to Agent (or, in the
case of a Participant, to the Lender granting the participation), then Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold from any payment to such Lender or such Participant not providing such forms or
other documentation an amount equivalent to the applicable withholding tax. 
 (b) If the IRS or any other Governmental Authority of the
United States or other jurisdiction asserts a claim that Agent (or, in the case of a Participant, to the Lender granting the participation) did not properly withhold tax from amounts paid to or for the account of any Lender or any Participant due to
a failure on the part of the Lender or any Participant (because the appropriate form was not delivered, was not properly executed, or because such Lender failed to notify Agent (or such Participant failed to notify the Lender granting the
participation) of a change in circumstances which rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason) such Lender shall indemnify and hold Agent harmless (or, in the case of a Participant, such
Participant shall indemnify and hold the Lender granting the participation harmless) for all amounts paid, directly or indirectly, by Agent (or, in the case of a Participant, to the Lender granting the participation), as tax or otherwise, including
penalties and interest, and including any taxes imposed by any jurisdiction on the amounts payable to Agent (or, in the case of a Participant, to the Lender granting the participation only) under this Section 17, together with all costs
and expenses (including attorneys fees and expenses). The obligation of the Lenders and the Participants under this subsection shall survive the payment of all Obligations and the resignation or replacement of Agent. 

17.4 Refunds. If Agent or a Lender determines, in its sole discretion, that it has received a refund of any Indemnified Taxes to which
Borrower has paid additional amounts pursuant to this Section 17, so long as no Default or Event of Default has occurred and is continuing, it shall pay over such refund to Borrower (but only to the extent of payments made, or additional
amounts paid, by Borrower under this Section 17 with respect to Indemnified Taxes giving rise to such a refund), net of all out-of-pocket expenses of Agent or such Lender and without interest (other than any interest paid by the
applicable Governmental Authority with respect to such a refund); provided, that Borrower, upon the request of Agent or such Lender, agrees to repay the amount paid over to Borrower (plus any penalties, interest or other charges, imposed by the
applicable Governmental Authority, other than such penalties, interest or other charges imposed as a result of the willful misconduct or gross negligence of Agent hereunder) to Agent or such Lender in the event Agent or such Lender is required to
repay such refund to such Governmental Authority. Notwithstanding anything in this Agreement to the contrary, this Section 17 shall not be construed to require Agent or any Lender to make available its tax returns (or any other
information which it deems confidential) to Borrower or any other Person. 
 18. GENERAL PROVISIONS. 

18.1 Effectiveness. This Agreement shall be binding and deemed effective when executed by Borrower, Agent, and each Lender whose
signature is provided for on the signature pages hereof. 
 18.2 Section Headings. Headings and numbers have been set forth herein
for convenience only. Unless the contrary is compelled by the context, everything contained in each Section applies equally to this entire Agreement. 

18.3 Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender Group or
Borrower, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the
purposes and intentions of all parties hereto. 

  
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 18.4 Severability of Provisions. Each provision of this Agreement shall be severable from
every other provision of this Agreement for the purpose of determining the legal enforceability of any specific provision. 
 18.5 Bank
Product Providers. Each Bank Product Provider in its capacity as such shall be deemed a third party beneficiary hereof and of the provisions of the other Loan Documents for purposes of any reference in a Loan Document to the parties for whom
Agent is acting. Agent hereby agrees to act as agent for such Bank Product Providers and, by virtue of entering into a Bank Product Agreement, the applicable Bank Product Provider shall be automatically deemed to have appointed Agent as its agent
and to have accepted the benefits of the Loan Documents. It is understood and agreed that the rights and benefits of each Bank Product Provider under the Loan Documents consist exclusively of such Bank Product Provider’s being a beneficiary of
the Liens and security interests (and, if applicable, guarantees) granted to Agent and the right to share in payments and collections out of the Collateral as more fully set forth herein. In addition, each Bank Product Provider, by virtue of
entering into a Bank Product Agreement, shall be automatically deemed to have agreed that Agent shall have the right, but shall have no obligation, to establish, maintain, relax, or release reserves in respect of the Bank Product Obligations and
that if reserves are established there is no obligation on the part of Agent to determine or insure whether the amount of any such reserve is appropriate or not. In connection with any such distribution of payments or proceeds of Collateral, Agent
shall be entitled to assume no amounts are due or owing to any Bank Product Provider unless such Bank Product Provider has provided a written certification (setting forth a reasonably detailed calculation) to Agent as to the amounts that are due and
owing to it and such written certification is received by Agent a reasonable period of time prior to the making of such distribution. Agent shall have no obligation to calculate the amount due and payable with respect to any Bank Products, but may
rely upon the written certification of the amount due and payable from the applicable Bank Product Provider. In the absence of an updated certification, Agent shall be entitled to assume that the amount due and payable to the applicable Bank Product
Provider is the amount last certified to Agent by such Bank Product Provider as being due and payable (less any distributions made to such Bank Product Provider on account thereof). Borrower may obtain Bank Products from any Bank Product Provider,
although Borrower is not required to do so. Borrower acknowledges and agrees that no Bank Product Provider has committed to provide any Bank Products and that the providing of Bank Products by any Bank Product Provider is in the sole and absolute
discretion of such Bank Product Provider. Notwithstanding anything to the contrary in this Agreement or any other Loan Document, no provider or holder of any Bank Product shall have any voting or approval rights hereunder (or be deemed a Lender)
solely by virtue of its status as the provider or holder of such agreements or products or the Obligations owing thereunder, nor shall the consent of any such provider or holder be required (other than in their capacities as Lenders, to the extent
applicable) for any matter hereunder or under any of the other Loan Documents, including as to any matter relating to the Collateral or the release of Collateral or Guarantors.

18.6 Debtor-Creditor Relationship. The relationship between the Lenders and Agent, on the one hand, and the Loan Parties, on the other
hand, is solely that of creditor and debtor. No member of the Lender Group has (or shall be deemed to have) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated
thereby, and there is no agency or joint venture relationship between the members of the Lender Group, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein. 

18.7 Counterparts; Electronic Execution. This Agreement may be executed in any number of counterparts and by different parties on
separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart of this Agreement by
telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other
electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement.
The foregoing shall apply to each other Loan Document mutatis mutandis. 

  
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 18.8 Revival and Reinstatement of Obligations; Certain Waivers. If any member of the
Lender Group or any Bank Product Provider repays, refunds, restores, or returns in whole or in part, any payment or property (including any proceeds of Collateral) previously paid or transferred to such member
of the Lender Group or such Bank Product Provider in full or partial satisfaction of any Obligation or on account of any other obligation of any Loan Party under any Loan Document or any Bank Product Agreement, because
the payment, transfer, or the incurrence of the obligation so satisfied is asserted or declared to be void, voidable, or otherwise recoverable under any law relating to creditors’ rights, including provisions of the Bankruptcy Code
relating to fraudulent transfers, preferences, or other voidable or recoverable obligations or transfers (each, a “Voidable Transfer”), or because such member of the Lender Group or Bank Product Provider elects
to do so on the reasonable advice of its counsel in connection with a claim that the payment, transfer, or incurrence is or may be a Voidable Transfer, then, as to any such Voidable Transfer, or the amount thereof that such member of
the Lender Group or Bank Product Provider elects to repay, restore, or return (including pursuant to a settlement of any claim in respect thereof), and as to all reasonable costs, expenses, and attorneys fees of such member of the
Lender Group or Bank Product Provider related thereto, (i) the liability of the Loan Parties with respect to the amount or property paid, refunded, restored, or returned will automatically and immediately be revived, reinstated, and
restored and will exist and (ii) Agent’s Liens securing such liability shall be effective, revived, and remain in full force and effect, in each case, as fully as if such Voidable Transfer had never been made. If, prior
to any of the foregoing, (A) Agent’s Liens shall have been released or terminated or (B) any provision of this Agreement shall have been terminated or cancelled, Agent’s Liens, or such provision of this Agreement, shall
be reinstated in full force and effect and such prior release, termination, cancellation or surrender shall not diminish, release, discharge, impair or otherwise affect the obligation of any Loan Party in respect of such liability or
any Collateral securing such liability.
 18.9 Confidentiality. 

(a) Agent and Lenders each individually (and not jointly or jointly and severally) agree that material, non-public information regarding
Borrower and its Subsidiaries, their operations, assets, and existing and contemplated business plans (“Confidential Information”) shall be treated by Agent and the Lenders in a confidential manner, and shall not be disclosed by
Agent and the Lenders to Persons who are not parties to this Agreement, except: (i) to attorneys for and other advisors, accountants, auditors, and consultants to any member of the Lender Group and to employees, directors and officers of any
member of the Lender Group (the Persons in this clause (i), “Lender Group Representatives”) on a “need to know” basis in connection with this Agreement and the transactions contemplated hereby and on a confidential basis,
(ii) to Subsidiaries and Affiliates of any member of the Lender Group (including the Bank Product Providers), provided that any such Subsidiary or Affiliate shall have agreed to receive such information hereunder subject to the terms of this
Section 18.9, (iii) as may be required by regulatory authorities so long as such authorities are informed of the confidential nature of such information, (iv) as may be required by statute, decision, or judicial or
administrative order, rule, or regulation; provided that (x) prior to any disclosure under this clause (iv), the disclosing party agrees to provide Borrower with prior notice thereof, to the extent that it is practicable to do so and to
the extent that the disclosing party is permitted to provide such prior notice to Borrower pursuant to the terms of the applicable statute, decision, or judicial or administrative order, rule, or regulation and (y) any disclosure under this
clause (iv) shall be limited to the portion of the Confidential Information as may be required by such statute, decision, or judicial or administrative order, rule, or regulation, (v) as may be agreed to in advance in writing by Borrower,
(vi) as requested or required by any Governmental Authority pursuant to any subpoena or other legal process, provided, that, (x) prior to any disclosure under this clause (vi) the disclosing party agrees to provide Borrower with prior
written notice thereof, to the extent that it is practicable to do so and to the extent that the disclosing party is permitted to provide such prior written notice to Borrower pursuant to the terms of the subpoena or other legal process and
(y) any disclosure under this clause (vi) shall be limited to the portion of the Confidential Information as may be required by such Governmental Authority pursuant to such subpoena or other legal process, (vii) as to any such
information that is or becomes generally available to the public (other than as a result of prohibited disclosure by Agent or the Lenders or the Lender Group Representatives), (viii) in connection with any assignment, participation or pledge of
any Lender’s interest under this Agreement, provided that prior to receipt 

  
 - 78 - 

 
of Confidential Information any such assignee, participant, or pledgee shall have agreed in writing to receive such Confidential Information either subject to the terms of this
Section 18.9 or pursuant to confidentiality requirements substantially similar to those contained in this Section 18.9 (and such Person may disclose such Confidential Information to Persons employed or engaged by them as
described in clause (i) above), (ix) in connection with any litigation or other adversary proceeding involving parties hereto which such litigation or adversary proceeding involves claims related to the rights or duties of such parties
under this Agreement or the other Loan Documents; provided, that, prior to any disclosure to any Person (other than any Loan Party, Agent, any Lender, any of their respective Affiliates, or their respective counsel) under this clause
(ix) with respect to litigation involving any Person (other than Borrower, Agent, any Lender, any of their respective Affiliates, or their respective counsel), the disclosing party agrees to provide Borrower with prior written notice thereof,
and (x) in connection with, and to the extent reasonably necessary for, the exercise of any secured creditor remedy under this Agreement or under any other Loan Document. 

(b) Anything in this Agreement to the contrary notwithstanding, Agent may disclose information concerning the terms and conditions of this
Agreement and the other Loan Documents to loan syndication and pricing reporting services or in its marketing or promotional materials, with such information to consist of deal terms and other information customarily found in such publications or
marketing or promotional materials and, with the prior consent of Borrower, may otherwise use the name, logos, and other insignia of Borrower or the other Loan Parties and the Commitments provided hereunder in any “tombstone” or other
advertisements, on its website or in other marketing materials of the Agent. 
 18.10 Survival. All representations and warranties
made by the Loan Parties in the Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties
hereto and shall survive the execution and delivery of the Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that
Agent, Issuing Bank, or any Lender may have had notice or knowledge of any Default or Event of Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the
principal of, or any accrued interest on, any Loan or any fee or any other amount payable under this Agreement is outstanding or unpaid or any Letter of Credit is outstanding and so long as the Commitments have not expired or been terminated. 

18.11 Patriot Act. Each Lender that is subject to the requirements of the Patriot Act hereby notifies Borrower that pursuant to the
requirements of the Act, it is required to obtain, verify and record information that identifies Borrower, which information includes the name and address of Borrower and other information that will allow such Lender to identify Borrower in
accordance with the Patriot Act. In addition, if Agent is required by law or regulation or internal policies to do so, it shall have the right to periodically conduct (a) Patriot Act searches, OFAC/PEP searches, and customary individual
background checks for the Loan Parties and (b) OFAC/PEP searches and customary individual background checks for the Loan Parties’ senior management and key principals, and Borrower agrees to cooperate in respect of the conduct of such
searches and further agrees that the reasonable costs and charges for such searches shall constitute Lender Group Expenses hereunder and be for the account of Borrower. 

  
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 18.12 Integration. This Agreement, together with the other Loan Documents, reflects the
entire understanding of the parties with respect to the transactions contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. The foregoing to the contrary notwithstanding, all
Bank Product Agreements, if any, are independent agreements governed by the written provisions of such Bank Product Agreements, which will remain in full force and effect, unaffected by any repayment, prepayments, acceleration, reduction, increase,
or change in the terms of any credit extended hereunder, except as otherwise expressly provided in such Bank Product Agreement. 
 [Signature
pages to follow.] 

  
 - 80 - 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and
delivered as of the date first above written. 
  

							
	BORROWER:	 		 	 DIAMOND FOODS, INC.
 a
Delaware corporation

				
		 		 	By:	 	 /s/ Raymond Silcock

		 		 	Name:	 	Raymond Silcock
		 		 	Title:	 	Executive Vice President and Chief Financial Officer

 [Signature Page to ABL Credit Agreement] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

a national banking association, as Agent, as Sole Lead Arranger, as Sole Book Runner, as Syndication Agent, and as a Lender

		
	By:	 	 /s/ Sanat Amladi

	Name:	 	 Sanat Amladi

		 	Its Authorized Signatory

  
 [Signature Page to
ABL Credit Agreement] 

 
			
	 SUNTRUST BANK,
 As
Documentation Agent and as a Lender

		
	By:	 	 /s/ J. Matney Gornall

	Name:	 	 J. Matney Gornall, Vice President

		 	Its Authorized Signatory
	
	 BARCLAYS BANK PLC,
 as a
Lender

		
	By:	 	 /s/ Ronnie Glenn

	Name:	 	 Ronnie Glenn, Vice President

		 	Its Authorized Signatory
	
	 BANK OF MONTREAL,
 as a
Lender

		
	By:	 	 /s/ Quinn Heiden

	Name:	 	 Quinn Heiden, Director

		 	Its Authorized Signatory

  
 [Signature Page to
ABL Credit Agreement]Prepared by R.R. Donnelley Financial -- EX-10.2

 Exhibit 10.2 

EXECUTION VERSION 
  

 
 CREDIT AGREEMENT 

Dated as of February 19, 2014 

among 
 DIAMOND FOODS, INC.,

 as the Borrower, 

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, 

as Administrative Agent and Collateral Agent, 

and 
 The Other Lenders Party
Hereto 
 CREDIT SUISSE SECURITIES (USA) LLC, 

WELLS FARGO SECURITIES, LLC, BARCLAYS BANK PLC, 

BMO CAPITAL MARKETS 
 and

 SUNTRUST ROBINSON HUMPHREY, INC. 

as Joint Lead Arrangers and Joint Bookrunners 

WELLS FARGO BANK, N.A., BARCLAYS BANK PLC, 

BANK OF MONTREAL 
 and 

SUNTRUST BANK 
 as
Co-Documentation Agents 
  
  

 TABLE OF CONTENTS 

 

							
	 Section
	  	 	  	Page	 
	 ARTICLE I. DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
	 1.01
	  	Defined Terms	  	 	1	  
	 1.02
	  	Other Interpretive Provisions	  	 	37	  
	 1.03
	  	Accounting Terms	  	 	38	  
	 1.04
	  	Rounding	  	 	38	  
	 1.05
	  	Times of Day	  	 	38	  
	 1.06
	  	Pro Forma Calculations	  	 	38	  
		
	 ARTICLE II. THE CREDITS
	  	 	39	  
	 2.01
	  	The Loans	  	 	39	  
	 2.02
	  	Borrowings, Conversions and Continuations of Loans	  	 	39	  
	 2.03
	  	Prepayments	  	 	40	  
	 2.04
	  	Reduction of Commitments	  	 	43	  
	 2.05
	  	Repayment of Loans	  	 	43	  
	 2.06
	  	Interest	  	 	43	  
	 2.07
	  	Fees	  	 	44	  
	 2.08
	  	Computation of Interest	  	 	44	  
	 2.09
	  	Evidence of Debt	  	 	44	  
	 2.10
	  	Payments Generally; Administrative Agent’s Clawback	  	 	44	  
	 2.11
	  	Sharing of Payments by Lenders	  	 	46	  
	 2.12
	  	Incremental Facilities	  	 	47	  
	 2.13
	  	Defaulting Lenders	  	 	50	  
	 2.14
	  	Specified Refinancing Debt	  	 	51	  
		
	 ARTICLE III. TAXES, YIELD PROTECTION AND ILLEGALITY
	  	 	53	  
	 3.01
	  	Taxes	  	 	53	  
	 3.02
	  	Illegality	  	 	57	  
	 3.03
	  	Inability to Determine Rates	  	 	58	  
	 3.04
	  	Increased Costs; Reserves on Eurodollar Rate Loans	  	 	58	  
	 3.05
	  	Compensation for Losses	  	 	60	  
	 3.06
	  	Mitigation Obligations; Replacement of Lenders	  	 	61	  
	 3.07
	  	Survival	  	 	62	  
		
	 ARTICLE IV. CONDITIONS PRECEDENT
	  	 	62	  
	 4.01
	  	Conditions Precedent	  	 	62	  
		
	 ARTICLE V. REPRESENTATIONS AND WARRANTIES
	  	 	65	  
	 5.01
	  	Existence, Qualification and Power	  	 	65	  
	 5.02
	  	Authorization; No Contravention	  	 	66	  
	 5.03
	  	Governmental Authorization; Other Consents	  	 	66	  
	 5.04
	  	Binding Effect	  	 	66	  
	 5.05
	  	Financial Statements; No Material Adverse Effect	  	 	66	  
	 5.06
	  	Litigation	  	 	67	  
	 5.07
	  	No Default	  	 	67	  

  
 i 

							
	 Section
	  	 	  	Page	 
	 5.08
	  	Ownership of Property; Liens	  	 	67	  
	 5.09
	  	Environmental Compliance	  	 	68	  
	 5.10
	  	Insurance	  	 	69	  
	 5.11
	  	Taxes	  	 	69	  
	 5.12
	  	ERISA Compliance	  	 	69	  
	 5.13
	  	Subsidiaries; Equity Interests	  	 	70	  
	 5.14
	  	Margin Regulations; Investment Company Act	  	 	71	  
	 5.15
	  	Disclosure	  	 	71	  
	 5.16
	  	Compliance with Laws	  	 	71	  
	 5.17
	  	Taxpayer Identification Number	  	 	72	  
	 5.18
	  	Intellectual Property; Licenses, Etc	  	 	72	  
	 5.19
	  	Solvency	  	 	72	  
	 5.20
	  	Collateral Documents	  	 	72	  
	 5.21
	  	Labor Matters	  	 	72	  
	 5.22
	  	Status of the Facility as Senior Indebtedness	  	 	72	  
	 5.23
	  	Inactive Subsidiaries	  	 	73	  
		
	 ARTICLE VI. AFFIRMATIVE COVENANTS
	  	 	73	  
	 6.01
	  	Financial Statements	  	 	73	  
	 6.02
	  	Certificates; Other Information	  	 	74	  
	 6.03
	  	Notices	  	 	76	  
	 6.04
	  	Payment of Obligations	  	 	76	  
	 6.05
	  	Preservation of Existence, Etc	  	 	77	  
	 6.06
	  	Maintenance of Properties	  	 	77	  
	 6.07
	  	Maintenance of Insurance	  	 	77	  
	 6.08
	  	Compliance with Laws	  	 	77	  
	 6.09
	  	Books and Records	  	 	78	  
	 6.10
	  	Inspection Rights	  	 	78	  
	 6.11
	  	Use of Proceeds	  	 	78	  
	 6.12
	  	Covenant to Guarantee Obligations and Give Security	  	 	78	  
	 6.13
	  	Compliance with Environmental Laws	  	 	81	  
	 6.14
	  	Further Assurances	  	 	81	  
	 6.15
	  	Post-Closing Covenant	  	 	82	  
	 6.16
	  	Maintenance of Ratings	  	 	84	  
		
	 ARTICLE VII. NEGATIVE COVENANTS
	  	 	84	  
	 7.01
	  	Liens	  	 	84	  
	 7.02
	  	Investments	  	 	86	  
	 7.03
	  	Indebtedness	  	 	88	  
	 7.04
	  	Fundamental Changes	  	 	90	  
	 7.05
	  	Dispositions	  	 	91	  
	 7.06
	  	Restricted Payments	  	 	92	  
	 7.07
	  	Change in Nature of Business	  	 	93	  
	 7.08
	  	Transactions with Affiliates	  	 	93	  
	 7.09
	  	Burdensome Agreements	  	 	94	  
	 7.10
	  	Use of Proceeds	  	 	94	  

  
 ii 

							
	 Section
	  	 	  	Page	 
	 7.11
	  	[Reserved.]	  	 	94	  
	 7.12
	  	Accounting Changes	  	 	95	  
	 7.13
	  	Prepayments of Indebtedness	  	 	95	  
	 7.14
	  	Amendment of Indebtedness	  	 	95	  
	 7.15
	  	Inactive Subsidiaries; Holding Companies	  	 	95	  
		
	 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES
	  	 	96	  
	 8.01
	  	Events of Default	  	 	96	  
	 8.02
	  	Remedies Upon Event of Default	  	 	98	  
	 8.03
	  	Application of Funds	  	 	98	  
		
	 ARTICLE IX. ADMINISTRATIVE AGENT
	  	 	99	  
	 9.01
	  	Appointment and Authority	  	 	99	  
	 9.02
	  	Rights as a Lender	  	 	100	  
	 9.03
	  	Exculpatory Provisions	  	 	100	  
	 9.04
	  	Reliance by Administrative Agent	  	 	101	  
	 9.05
	  	Delegation of Duties	  	 	102	  
	 9.06
	  	Resignation of Administrative Agent	  	 	102	  
	 9.07
	  	Non-Reliance on Administrative Agent and Other Lenders	  	 	102	  
	 9.08
	  	No Other Duties, Etc	  	 	103	  
	 9.09
	  	Administrative Agent May File Proofs of Claim	  	 	103	  
	 9.10
	  	Collateral and Guaranty Matters	  	 	104	  
	 9.11
	  	Secured Cash Management Agreements and Secured Hedge Agreements	  	 	104	  
		
	 ARTICLE X. MISCELLANEOUS
	  	 	105	  
	 10.01
	  	Amendments, Etc	  	 	105	  
	 10.02
	  	Notices; Effectiveness; Electronic Communication	  	 	107	  
	 10.03
	  	No Waiver; Cumulative Remedies; Enforcement	  	 	109	  
	 10.04
	  	Expenses; Indemnity; Damage Waiver	  	 	110	  
	 10.05
	  	Payments Set Aside	  	 	112	  
	 10.06
	  	Successors and Assigns	  	 	112	  
	 10.07
	  	Treatment of Certain Information; Confidentiality	  	 	116	  
	 10.08
	  	Right of Setoff	  	 	117	  
	 10.09
	  	Interest Rate Limitation	  	 	118	  
	 10.10
	  	Counterparts; Integration; Effectiveness	  	 	118	  
	 10.11
	  	Survival of Representations and Warranties	  	 	118	  
	 10.12
	  	Severability	  	 	119	  
	 10.13
	  	Replacement of Lenders	  	 	119	  
	 10.14
	  	Governing Law; Jurisdiction; Etc	  	 	120	  
	 10.15
	  	Waiver of Jury Trial	  	 	121	  
	 10.16
	  	No Advisory or Fiduciary Responsibility	  	 	121	  
	 10.17
	  	Electronic Execution of Assignments and Certain Other Documents	  	 	121	  
	 10.18
	  	USA PATRIOT Act	  	 	122	  
	 10.19
	  	Intercreditor Agreement	  	 	122	  

  
 iii 

 SCHEDULES 
  

			
	 2.01
	  	Commitments and Applicable Percentages
	 4.01(c)
	  	Local Counsel
	 5.05
	  	Material Adverse Effect
	 5.06
	  	Litigation
	 5.08(b)
	  	Liens
	 5.08(c)
	  	Owned Real Property
	 5.08(d)
	  	Leased Real Property (Lessee)
	 5.08(e)
	  	Leased Real Property (Lessor)
	 5.08(f)
	  	Existing Investments
	 5.10
	  	Insurance
	 5.13
	  	Subsidiaries; Other Equity Investments
	 6.15
	  	Real Property Subject to Mortgages
	 7.03
	  	Existing Indebtedness
	 7.09
	  	Burdensome Agreements
	 10.02
	  	Administrative Agent’s Office; Certain Addresses for Notices

 EXHIBITS 

Form of 
  

			
	 A
	  	Committed Loan Notice
	 B
	  	Note
	 C
	  	Compliance Certificate
	 D
	  	Assignment and Assumption
	 E
	  	Administrative Questionnaire
	 F
	  	Guaranty
	 G
	  	Collateral Agreement
	 H
	  	Intercreditor Agreement
	 I-1
	  	Opinion of Winston & Strawn LLP
	 I-2
	  	Local Counsel Opinion
	 J
	  	Solvency Certificate
	 K
	  	Mortgages
	 L-1
	  	Tax Compliance Certificate
	 L-2
	  	Tax Compliance Certificate
	 L-3
	  	Tax Compliance Certificate
	 L-4
	  	Tax Compliance Certificate
	 M
	  	Intercompany Subordination Agreement
	 N
	  	Master Intercompany Note

  
 iv 

 This CREDIT AGREEMENT (this “Agreement”) is entered into as of
February 19, 2014, among DIAMOND FOODS, INC., a Delaware corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”) and
CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent. 
 PRELIMINARY STATEMENTS 

The Borrower has requested that the Lenders provide a term loan facility and the Lenders have indicated their willingness to lend, in each
case on the terms and subject to the conditions set forth herein. 
 In consideration of the mutual covenants and agreements herein
contained, the parties hereto covenant and agree as follows: 
 ARTICLE I.  

DEFINITIONS AND ACCOUNTING TERMS 
 1.01
Defined Terms. As used in this Agreement, the following terms shall have the meanings set forth below: 
 “ABL Priority Collateral” has
the meaning specified in the Intercreditor Agreement. 
 “Administrative Agent” means Credit Suisse in its capacity as administrative agent
under any of the Loan Documents, or any successor administrative agent. 
 “Administrative Agent’s Office” means the Administrative
Agent’s address and, as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders. 

“Administrative Questionnaire” means an Administrative Questionnaire in substantially the form of Exhibit E or any other form approved
by the Administrative Agent. 
 “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or
more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Aggregate Commitments” means
the Commitments of all the Lenders. 
 “Agreement” means this Credit Agreement. 

“Applicable Percentage” means, with respect to any Lender at any time, the percentage (carried out to the ninth decimal place) of the
Facility represented by (i) on or prior to the Closing Date, such Lender’s Commitment at such time and (ii) thereafter, the principal amount of such Lender’s Loans at such time. The initial Applicable Percentage of each Lender in
respect of the Facility is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender 

 
becomes a party hereto, as applicable. The Applicable Percentage of any Lender is subject to adjustment as provided in Section 2.13. 

“Applicable Rate” means 2.25% per annum for Base Rate Loans and 3.25% per annum for Eurodollar Rate Loans. 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity
or an Affiliate of an entity that administers or manages a Lender. 
 “Arrangers” means Credit Suisse Securities (USA) LLC, Wells Fargo
Securities, LLC, Barclays Bank PLC, BMO Capital Markets and SunTrust Robinson Humphrey, Inc., in their capacity as joint lead arrangers and joint bookrunners of the Facility. 

“Assignee Group” means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same
investment advisor. 
 “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee
(with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit D or any other form approved by the Administrative Agent. 

“Attributable Indebtedness” means, on any date, in respect of any capital lease of any Person, the capitalized amount thereof that would
appear on a balance sheet of such Person prepared as of such date in accordance with GAAP. 
 “Audited Financial Statements” means the
collective reference to the audited consolidated balance sheet of the Borrower and its Subsidiaries as of, and the related consolidated statements of operations, stockholders’ equity and cash flows for the fiscal years ended, July 31,
2011, July 31, 2012 and July 31, 2013 (as corrected in the Borrower’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2013 filed with the SEC) of the Borrower and its Subsidiaries, including the notes
thereto. 
 “Base Rate” means for any day a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate for such day
plus 1/2 of 1%, (b) the rate of interest in effect for such day as established from time to time by Credit Suisse as its “prime rate” at its principal U.S. office and (c) the Eurodollar Rate for such day (or if such day is not a
Business Day, the immediately preceding Business Day) plus 1.00%. The “prime rate” is a rate set by Credit Suisse based upon various factors including Credit Suisse’s costs and desired return, general economic conditions and other
factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such rate. Any change in such prime rate by Credit Suisse shall take effect at the opening of business on the day such change is effective. Any
change in the Base Rate due to a change in the prime rate, the Federal Funds Rate or the Eurodollar Rate shall be effective on the effective date of such change in the prime rate, the Federal Funds Rate or the Eurodollar Rate, as the case may be.

 “Base Rate Loan” means a Loan that bears interest based on the Base Rate. 

  
 2 

 “Borrower” has the meaning specified in the introductory paragraph hereto. 

“Borrower Materials” has the meaning specified in Section 6.02. 

“Borrowing” means a borrowing consisting of simultaneous Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same
Interest Period made by each of the Lenders pursuant to Section 2.01. 
 “Business Day” means any day other than a Saturday,
Sunday or other day on which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means any such
day on which dealings in Dollar deposits are conducted by and between banks in the London interbank Eurodollar market. 
 “Capital
Expenditures” means, with respect to any Person for any period, any expenditure in respect of the purchase or other acquisition or maintenance of any fixed or capital asset, in each case, that are capitalized in accordance with GAAP. 

“Cash Equivalents” means any of the following types of Investments, to the extent owned by the Borrower or any of its Subsidiaries free and
clear of all Liens (other than Liens created under the Collateral Documents and other Liens permitted hereunder): 
 (a) readily marketable obligations
issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof having maturities of not more than 360 days from the date of acquisition thereof; provided that the full faith and
credit of the United States of America is pledged in support thereof; 
 (b) time deposits with, or insured certificates of deposit or bankers’
acceptances of, any commercial bank that (i) (A) is a Lender or (B) is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal banking subsidiary of a bank holding
company organized under the laws of the United States of America, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the parent of which issues) commercial paper rated as described in
clause (c) of this definition and (iii) has combined capital and surplus of at least $1,000,000,000, in each case with maturities of not more than 365 days from the date of acquisition thereof; 

(c) commercial paper issued by any Person organized under the laws of any state of the United States of America and maturing no more than 365 days from the
time of the acquisition thereof, and having, at the time of acquisition thereof, a rating of A-1 (or the then equivalent grade) or better from S&P or P-1 (or the then equivalent grade) or better from Moody’s; and 

(d) Investments, classified in accordance with GAAP as current assets of the Borrower or any of its Subsidiaries, in money market investment programs
registered under the Investment Company Act of 1940, which are administered by financial institutions that have the highest rating obtainable from either Moody’s or S&P, and the portfolios of

  
 3 

 
which are limited solely to Investments of the character, quality and maturity described in clauses (a), (b) and (c) of this definition. 

“Cash Management Agreement” means any agreement to provide cash management services, including treasury, depository, overdraft, card services
(including services related to credit cards, including purchasing and commercial cards, prepaid cards, including payroll, stored value and gift cards, merchant services processing and debit cards), electronic funds transfer and other cash management
arrangements. 
 “Cash Management Bank” means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an
Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement. 
 “CFC” means (a) each Person that is a
“controlled foreign corporation” for purposes of the Code, (b) each Subsidiary of any such Person described in clause (a) and (c) any Domestic Subsidiary that has no material assets other than Equity Interests of one or more
CFCs. 
 “CFC HoldCo” means each of DKFA and KFH for so long as such Subsidiary (a) holds Equity Interests in at least one Subsidiary
that is a CFC or a CFC Holdco and (b) does not Guarantee any Indebtedness of the Borrower or any of its Domestic Subsidiaries. 
 “Change in
Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the
administration, interpretation or application thereof by any Governmental Authority or (c) the making or issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority. 

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

(a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended, but
excluding any employee benefit plan of the Borrower or its Subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined in
Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, as amended, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire, whether such
right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of the Relevant Percentage or more of the equity securities of the Borrower entitled to vote for members of
the board of directors or equivalent governing body of the Borrower on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); 

(b) during any period of 12 consecutive months, a majority of the members of the board of directors or other equivalent governing body of the Borrower ceases
to be composed of individuals (i) who were members of that board or equivalent governing body on the first 

  
 4 

 
day of such period, (ii) whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of
such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (i) and
(ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body (excluding, in the case of both clause (ii) and clause (iii), any individual whose initial nomination for, or
assumption of office as, a member of that board or equivalent governing body occurs as a result of an actual or threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a
solicitation for the election of one or more directors by or on behalf of the board of directors); or 
 (c) any “Change of Control” (or any
comparable term) as defined in the Indenture, the Revolving Credit Agreement, any Permitted Ratio Debt or the documentation governing any Permitted Refinancing of any of the foregoing (or successive Permitted Refinancings thereof). 

For purposes of this definition, “Relevant Percentage” means (i) if the relevant “person” with respect to which this
definition is being tested is a Person that “beneficially owns” 10% or more of Borrower’s outstanding voting securities as of the Closing Date (without giving effect to any “beneficial ownership” attributed to such Person by
virtue of its membership in a “group”) (any such Person, a “Specified Person”) 45%, (ii) if a majority of such “beneficial ownership” of the relevant “group” with respect to which this definition
is being tested is held (without giving effect to the existence of such “group”) by any Specified Person or any of its Affiliates, 45% and (iii) in all other cases, 35%. 

“Closing Date” means the first date all the conditions precedent referred to in Section 4.01 are satisfied or waived in
accordance with Section 10.01. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

“Collateral” means all of the “Collateral” and “Mortgaged Property” referred to in the Collateral Documents
and all of the other property provided as collateral security under the terms of the Collateral Documents. 
 “Collateral Agent” has the
meaning specified in Section 9.01(b). 
 “Collateral Agreement” means the collateral agreement of even date herewith executed
and delivered by the Loan Parties in favor of the Secured Parties and substantially in the form of Exhibit G, as amended, restated, supplemented or otherwise modified from time to time. 

“Collateral Documents” means, collectively, the Collateral Agreement, the Mortgages, the IP Security Agreements, each of the mortgages,
collateral assignments, supplements to all of the foregoing, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent pursuant to Section 6.12, and each of

  
 5 

 
the other agreements, instruments or documents that creates or purports to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties, in each case, as amended,
restated, supplemented or otherwise modified from time to time. 
 “Commitment” means, as to each Lender, its obligation to make Loans to
the Borrower pursuant to Section 2.01 in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Commitment” or opposite such caption in the
Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of Commitments is $415,000,000. 

“Committed Loan Notice” means a notice of (a) a Borrowing, (b) a conversion of Loans from one Type to the other or (c) a
continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A. 

“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor
statute. 
 “Compliance Certificate” means a certificate substantially in the form of Exhibit C. 

“Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are
franchise Taxes or branch profits Taxes. 
 “Consolidated Current Assets” means, as at any date of determination, the total assets of a
Person and its Subsidiaries on a consolidated basis that may properly be classified as current assets in conformity with GAAP, excluding cash and cash equivalents. 

“Consolidated Current Liabilities” means, as at any date of determination, the total liabilities of a Person and its Subsidiaries on a
consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt. 

“Consolidated EBITDA” means, at any date of determination, an amount equal to Consolidated Net Income of the Borrower and its Subsidiaries on
a consolidated basis, for the most recently completed Measurement Period plus the following, without duplication, to the extent deducted in calculating such Consolidated Net Income: (a) Consolidated Interest Charges, (b) the provision for
Federal, state, local and foreign income taxes payable (calculated net of Federal, state, local and foreign income tax credits), (c) depreciation and amortization expenses, (d) other net after-tax non-recurring expenses reducing such
Consolidated Net Income (excluding any write off or writedown or reserves with respect to current assets but including, for the avoidance of doubt, mark-to-market adjustments relating to, and non-recurring expenses arising from the exercise of, the
Warrant), (e) non-cash charges or expenses related to stock-based compensation, (f) non-cash charges in connection with Permitted Acquisitions, (g) the amount of purchase price and related transaction costs of any acquisition, whether
or not consummated, required to be expensed during such period that would otherwise have 

  
 6 

 
been classified as goodwill prior to the implementation of FAS 141R; (h) restructuring or business optimization charges, costs and expenses, including, without limitation, facility closure
and relocation costs and fees and expenses of operational or restructuring consultants and advisors, including without limitation, human resources consultants; provided that the aggregate amount of add backs made pursuant to this clause
(h) when added to the aggregate amount of add backs made pursuant to clause (i) below, shall not exceed an amount equal to 25% of Consolidated EBITDA for the most recently completed Measurement Period prior to the determination date (and
such determination shall be made prior to the making of, and without giving effect to, any adjustments pursuant to this clause (h) or clause (i) below); (i) the amount of net cost savings, net operating expense reductions and other
net operating improvements projected by the Borrower in good faith to be realized (calculated on a Pro Forma Basis) as a result of actions taken or to be taken in connection with any acquisition or disposition by the Borrower or any of its
Subsidiaries, net of the amount of actual benefits realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such actions; provided that (A) a duly completed certificate signed by a
Responsible Officer of the Borrower shall be delivered to the Administrative Agent together with the Compliance Certificate required to be delivered pursuant to Section 6.02, certifying that (x) such cost savings, operating
expense reductions and operating improvements are factually supportable and (y) such actions have been taken or are to be taken within 12 months after the consummation of the acquisition or disposition that is expected to result in such cost
savings, expense reductions or operating improvements, (B) no cost savings, operating expense reductions or operating improvements shall be added pursuant to this clause (i) to the extent duplicative of any expenses or charges otherwise
added to Consolidated Net Income, whether through a pro forma adjustment or otherwise, for such period, (C) projected (and not yet realized) amounts may no longer be added in calculating Consolidated EBITDA pursuant to this clause (i) to
the extent occurring more than four full fiscal quarters after the specified action taken in order to realize such projected cost savings, operating expense reductions or operating improvements and (D) the aggregate amount of add backs made
pursuant to this clause (i), when added to the aggregate amount of add backs made pursuant to clause (h) above, shall not exceed an amount equal to 25% of Consolidated EBITDA for the most recently completed Measurement Period prior to the
determination date (and such determination shall be made prior to the making of, and without giving effect to, any adjustments pursuant to this clause (i) or clause (h) above; and (j) non-cash losses in connection with the exercise of
the Warrant. 
 Notwithstanding anything to the contrary, Consolidated EBITDA (before giving effect to any pro forma adjustments or other adjustments
contemplated in the definition of Pro Forma Basis) shall be deemed to be (i) $22.9 million for the fiscal quarter ended January 31, 2013, (ii) $23.2 million for the fiscal quarter ended April 30, 2013, (iii) $24.6 million
for the fiscal quarter ended July 31, 2013 and (iv) $29.1 million for the fiscal quarter ended October 31, 2013. 
 “Consolidated
Excess Cash Flow” means, for any fiscal year of the Borrower and its Subsidiaries on a consolidated basis, an amount (if positive) equal to the sum, without duplication, of (a) Consolidated EBITDA, plus (b) the amount of
any decrease in 

  
 7 

 
Consolidated Working Capital for such fiscal year, minus (c) the amount of any increase in Consolidated Working Capital for such fiscal year, minus (d) consolidated
Capital Expenditures paid in cash (except to the extent made with the proceeds of an incurrence of Indebtedness or an issuance or sale of Equity Interests), that are (A) actually made during such fiscal year or (B) at the option of the
Borrower, committed to be made pursuant to a Contractual Obligation although not actually made during such fiscal year; provided that (x) if any Capital Expenditures are deducted from Consolidated Excess Cash Flow pursuant to clause
(B) above, such amount shall be added to Consolidated Excess Cash Flow for the immediately succeeding fiscal year of the Borrower if the expenditure is not actually made within such succeeding fiscal year and (y) no deduction shall be
taken in such succeeding fiscal year when such amounts deducted pursuant to clause (B) above are actually spent, minus (e) the cash portion of Consolidated Interest Charges minus (f) cash income taxes paid minus
(g) scheduled principal repayments, to the extent actually made, of (i) Loans pursuant to Section 2.05 and (ii) other Indebtedness (including the principal component of capitalized leases) (in each case other than to the
extent that any such repayment is funded with the proceeds of an incurrence of Indebtedness (other than under the Revolving Credit Agreement) or an issuance or sale of Equity Interests), minus (h) the amount of any charges or expenses
described in clauses (e) through (h) of the definition of Consolidated EBITDA that are paid (or reasonably expected to be paid) in cash, minus (i) the amount of any cash expenditures made in connection with Permitted
Acquisitions and Investments in non-Affiliates of the Borrower permitted pursuant to Section 7.02(f), (n), (t) and (u) (other than to the extent that any such cash expenditure is funded with the proceeds of
an incurrence of Indebtedness or an issuance or sale of Equity Interests). 
 “Consolidated Funded Indebtedness” means, as of any date of
determination, for the Borrower and its Subsidiaries on a consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all
obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments, (b) all purchase money Indebtedness, (c) all direct non-contingent obligations arising in connection with letters of credit (including standby
and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments, (d) Attributable Indebtedness in respect of capital leases and (e) all Indebtedness of the types referred to in clauses (a) through
(d) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is
expressly made non-recourse to the Borrower or such Subsidiary. 
 “Consolidated Funded Senior Secured Indebtedness” means Consolidated
Funded Indebtedness that is secured by a Lien on any assets of the Borrower or any of its Subsidiaries; provided that such Consolidated Funded Indebtedness is not expressly subordinated in right of payment to the Obligations pursuant to a
written agreement. 
 “Consolidated Interest Charges” means, for any Measurement Period, the sum of (a) all interest, premium
payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest), in each case to the 

  
 8 

 
extent treated as interest in accordance with GAAP, (b) all interest paid or payable with respect to discontinued operations and (c) the portion of rent expense under capitalized leases
that is treated as interest in accordance with GAAP, in each case, of or by the Borrower and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period. 

“Consolidated Leverage Ratio” means, as of the last day of the most recently completed Measurement Period, the ratio of (a) Consolidated
Funded Indebtedness as of such date (less the unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries as of such date) to (b) Consolidated EBITDA for such Measurement Period. 

“Consolidated Net Income” means, at any date of determination, the net income (or loss) of the Borrower and its Subsidiaries on a
consolidated basis for the most recently completed Measurement Period; provided that Consolidated Net Income shall exclude (a) extraordinary gains and extraordinary losses for such Measurement Period, (b) the net income of any
Subsidiary during such Measurement Period to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary of such income is not permitted by operation of the terms of its Organization Documents or any
agreement, instrument or Law applicable to such Subsidiary during such Measurement Period, except that the Borrower’s equity in any net loss of any such Subsidiary for such Measurement Period shall be included in determining Consolidated Net
Income and (c) any income (or loss) for such Measurement Period of any Person if such Person is not a Subsidiary, except that the Borrower’s equity in the net income of any such Person for such Measurement Period shall be included in
Consolidated Net Income up to the aggregate amount of cash actually distributed by such Person during such Measurement Period to the Borrower or a Subsidiary as a dividend or other distribution (and in the case of a dividend or other distribution to
a Subsidiary, such Subsidiary is not precluded from further distributing such amount to the Borrower as described in clause (b) of this proviso). 

“Consolidated Net Tangible Assets” means, as of any date of determination, the total amount of assets that would be included on a
consolidated balance sheet of the Borrower and its Subsidiaries under GAAP (less applicable reserves and other properly deductible items) after deducting therefrom: (1) all short-term liabilities, except for liabilities payable by their terms
more than one year from the date of determination (or renewable or extendible at the option of the obligor for a period ending more than one year after such date) and liabilities in respect of retiree benefits other than pensions for which the
Borrower and its Subsidiaries are required to accrue pursuant to Accounting Standards Codification 715-60 (or any successor provision); (2) Investments in Subsidiaries; and (3) all goodwill, trade names, trademarks, patents, unamortized
debt discount, unamortized expense incurred in the issuance of Indebtedness and other intangible assets, all as of the date of the most recent financial statements delivered pursuant to Section 6.01 (or prior to any such delivery, as of
October 31, 2013); provided that Consolidated Net Tangible Assets shall exclude (i) liabilities incurred pursuant to the Warrant and (ii) the liabilities arising from the Settlement. 

  
 9 

 “Consolidated Working Capital” means, as at any date of determination, the excess of
Consolidated Current Assets of the Borrower and its Subsidiaries over Consolidated Current Liabilities of the Borrower and its Subsidiaries; provided that, at the election of the Borrower, the determination of Consolidated Working Capital
(and the component definitions thereof to the extent applicable to this definition) as of any determination date shall be subject to such reasonable adjustments as may be necessary to eliminate the effects of any specifically identifiable and
non-recurring extraordinary items that, in the reasonable judgment of the Borrower, have materially distorted the amount of Consolidated Working Capital that would have otherwise been determined under this definition as of such date. In the event
the Borrower makes any such election, it shall provide to the Administrative Agent (a) notice thereof concurrently with the delivery of the related certificate of the chief executive officer, chief financial officer, treasurer or controller of
the Borrower delivered pursuant to Section 6.02(a) describing in reasonable detail the event giving rise to such adjustment and (b) supporting information and calculations with respect to the relevant adjustment. 

“Contractual Obligation” means, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or
other undertaking to which such Person is a party or by which it or any of its property is bound. 
 “Control” means the possession,
directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and
“Controlled” have meanings correlative thereto. 
 “Credit Suisse” means Credit Suisse AG, Cayman Islands Branch and its
successors. 
 “Cumulative Credit” means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis
equal to: 
 (a) $20,000,000, plus 
 (b) the sum of the
products obtained by multiplying, with respect to each fiscal year of the Borrower in respect of which a Compliance Certificate has been delivered as required hereunder (commencing with the fiscal year ended July 31, 2015), (i) the
Retained Percentage for such fiscal year by (ii) Consolidated Excess Cash Flow for such fiscal year; plus 
 (c) in the event that all or a
portion of the Cumulative Credit has been applied to make an Investment pursuant to Section 7.02(s), an amount equal to the aggregate amount received by the Borrower or any Subsidiary in cash and Cash Equivalents from: (i) the sale
(other than to the Borrower or any Subsidiary) of any such Investment, (ii) any dividend or other distribution received in respect of any such Investment or (iii) interest, returns of principal, repayments and similar payments received in
respect of any such Investment; plus 
 (d) the Net Cash Proceeds of any Permitted Equity Issuance after the Closing Date; 

  
 10 

 as such amount may be reduced from time to time to the extent that all or a portion of the Cumulative Credit is
applied to make Investments under Section 7.02(s), to make Restricted Payments under Section 7.06(h) or to prepay Indebtedness under Section 7.13(d), in each case to the extent permitted hereunder. 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy, assignment for
the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors
generally. 
 “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the
passage of time, or both, would be an Event of Default. 
 “Default Rate” means an interest rate (after as well as before judgment) equal
to (i) the Base Rate plus (ii) the Applicable Rate applicable to Base Rate Loans plus (iii) 2% per annum; provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an
interest rate equal to the applicable interest rate otherwise applicable to such Loan plus 2% per annum. 
 “Defaulting Lender”
means, subject to Section 2.13(b), any Lender that, as determined by the Administrative Agent, (a) has failed to perform any of its funding obligations hereunder, including in respect of its Loans, within three Business Days of the
date required to be funded by it hereunder, (b) has notified the Borrower or the Administrative Agent that it does not intend to comply with its funding obligations or has made a public statement to that effect with respect to its funding
obligations hereunder or under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by the Administrative Agent, to confirm in a manner satisfactory to the Administrative Agent and the
Borrower that it will comply with its funding obligations, or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii) had a receiver, conservator, trustee,
administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a custodian appointed for it or (iii) taken any action in furtherance of, or indicated its consent to, approval
of or acquiescence in any such proceeding or appointment; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company
thereof by a Governmental Authority. 
 “DFKA” means DFKA Ltd, a private limited company organized under the laws of the United Kingdom of
Great Britain and Northern Ireland. 
 “DFKA Intermediate” means DFKA Intermediate Limited, a private limited company organized under the
laws of the United Kingdom of Great Britain and Northern Ireland. 
 “DFKA Restructuring” means a series of transactions that, through
intermediate steps, results in (i) KFH converting from a corporation into a limited liability company or not undergoing any such conversion, (ii) the Equity Interests of DFKA Intermediate being

  
 11 

 
transferred by KFH to another Subsidiary of the Borrower and (iii) one or both of KFH and its subsidiary KFI merging with and into the Borrower, with the Borrower as the survivor of such
mergers; provided that (A) in connection with such transactions, the Administrative Agent shall have been granted a security interest for the benefit of the Secured Parties in the voting stock and non-voting stock of DFKA Intermediate at
least to the extent of its security interest in such stock as in effect immediately prior to such transactions and (B) any security interests granted to the Administrative Agent for the benefit of the Secured Parties pursuant to the Collateral
Documents in the assets of KFH and KFI shall remain in full force and effect and perfected (in each case to at least the same extent as in effect immediately prior to such transactions) and all actions required to maintain such perfected status
shall have been taken. 
 “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition
(including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.

 “Disqualified Equity Interests” means any Equity Interest which, by its terms (or by the terms of any Contractual Obligation or other
Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Equity Interests that are not Disqualified Equity
Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to
the prior repayment in full of the Loans and all other Obligations that are accrued and payable), (b) is redeemable at the option of the holder thereof (except as a result of a change of control or asset sale so long as any rights of the
holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable), in whole or in part, (c) provides for the
scheduled payments of dividends in cash or (d) is or becomes convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is 91 days
after the latest maturity date of the Loans and the New Term Loans (if any) in effect at the time of issuance of such Equity Interests; provided that if such Equity Interests are issued pursuant to a plan for the benefit of officers,
directors or employees of the Borrower or by any such plan to any such Person, such Equity Interests shall not constitute Disqualified Equity Interests solely because they may be required to be repurchased by the Borrower in order to satisfy
applicable statutory or regulatory obligations or as a result of such Person’s termination, death or disability. 
 “Dollar” and
“$” mean lawful money of the United States. 
 “Domestic Subsidiary” means any Subsidiary that is organized under the laws
of any state or other political subdivision of the United States. 

  
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 “Eligible Assignee” means any Person that meets the requirements to be an assignee under
Section 10.06(b)(iii), (v) and (vi) (subject to such consents, if any, as may be required under Section 10.06(b)(iii)). 

“Engagement Letter” means that certain letter agreement concerning the Facility, dated January 24, 2014, among the Borrower and the
Arrangers. 
 “Environmental Laws” means any and all Federal, state, local and foreign statutes, laws, regulations, ordinances, rules,
judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution, the protection of the environment or the Release of any materials into the environment, including those
related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 
 “Environmental Liability” means any
liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities) directly or indirectly resulting from or based upon (a) violation of any Environmental Law,
(b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of any Hazardous Materials into the
environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under any Environmental
Law. 
 “Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit interests
in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities convertible into or
exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other
ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any date of
determination. 
 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. 

“ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Borrower within the meaning of
Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) the withdrawal of the Borrower or any ERISA
Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a substantial 

  
 13 

 
employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial
withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan or the receipt by the Borrower or an ERISA Affiliate of a notification that a Multiemployer Plan is in reorganization; (d) the filing of a notice by the Borrower or an
ERISA Affiliate of intent to terminate a Pension Plan, the treatment of a Pension Plan amendment as a termination under Section 4041 of ERISA, or the receipt by the Borrower or an ERISA Affiliate of such a notice with respect to a Multiemployer
Plan under 4041A of ERISA; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a
trustee to administer, any Pension Plan; (g) the determination that any Pension Plan is considered an at-risk plan or a plan in endangered or critical status within the meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 and
305 of ERISA; (h) any failure by any Plan to satisfy the minimum funding standard (within the meaning of Section 412 of the Code or Section 302 of ERISA) applicable to such Plan, whether or not waived; (i) the filing pursuant to
Section 412(d) of the Code or Section 303(d) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan; (j) the occurrence of a “prohibited transaction” with respect to which the
Borrower or any of the Subsidiaries is a “disqualified person” (within the meaning of Section 4975 of the Code) or with respect to which the Borrower or any such Subsidiary could otherwise be liable; (k) any Foreign Benefit
Event; or (l) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Borrower or any ERISA Affiliate. 

“Eurodollar Rate” means: 
 (a) for any Interest
Period with respect to a Eurodollar Rate Loan, a rate per annum equal to the Eurodollar Base Rate. 
 “Eurodollar Base Rate”
means, for purposes of clause (a) of this definition, the rate per annum equal to (i) the Intercontinental Exchange Benchmark Administration Ltd. (or such other Person that takes over the administration of such rate) LIBOR Rate
(“ICE LIBOR”), as published by Reuters (or such other commercially available source providing quotations of ICE LIBOR as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two
Business Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period or (ii) if such rate is not available at such time for
any reason, the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the Eurodollar Rate Loan being
made, continued or converted and with a term equivalent to such Interest Period would be offered by the Administrative Agent’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m.
(London time) two Business Days prior to the commencement of such Interest Period; and 

  
 14 

 (b) for any interest calculation with respect to a Base Rate Loan on any date, a rate per annum equal to the
Eurodollar Base Rate. 
 “Eurodollar Base Rate” means, for purposes of clause (b) of this definition, the rate per
annum as of such date equal to (i) ICE LIBOR, as published by Reuters (or such other commercially available source providing quotations of ICE LIBOR as may be designated by the Administrative Agent from time to time) at approximately 11:00
a.m., London time, on such date, for Dollar deposits with a term of one month commencing two Business Days following such date or (ii) if such rate is not available at such time for any reason, the rate per annum determined by the
Administrative Agent to be the rate at which deposits in Dollars for delivery two Business Days following such date in same day funds in the approximate amount of the Base Rate Loan being made or maintained and with a term equal to one month would
be offered by the Administrative Agent’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) on such day. 

Notwithstanding the foregoing, at no time shall the Eurodollar Rate for any purpose be less than 1.00% per annum. 

“Eurodollar Rate Loan” means a Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

 “Event of Default” has the meaning specified in Section 8.01. 

“Excluded Extraordinary Receipts” means tax refunds for years up to and including the fiscal year of the Borrower ending July 31, 2012.

 “Excluded Issuance” means the issuance by the Borrower of its common Equity Interests (a) pursuant to employee equity compensation
and incentive programs (including the exercise of options granted thereunder) or (b) in connection with a Permitted Acquisition. 
 “Excluded
Swap Obligation” means, with respect to any Loan Party, any Swap Obligation if, and to the extent that, all or a portion of the Guaranty of such Loan Party of, or the grant under a Loan Document by such Loan Party of a security interest to
secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation thereof) by
virtue of such Loan Party’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the Guaranty of such Loan Party, or grant by such
Loan Party of a security interest, becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing more than one Swap Contract, such exclusion shall apply to only the portion of such Swap
Obligations that is attributable to Swap Contracts for which such Guaranty or security interest becomes illegal. 

  
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 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender or any other
recipient of any payment to be made by or on account of any obligation of the Borrower hereunder or under any Loan Document, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in
each case, (i) imposed as a result of such recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political
subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or
Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.13) or (ii) such Lender
changes its lending office, except in each case to the extent that, pursuant to Section 3.01(a)(ii), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or
to such Lender immediately before it changed its lending office, (c) Taxes attributable to such recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed under FATCA. 

“Existing Credit Facilities” means, collectively, (i) that certain Credit Agreement dated as of February 25, 2010, by and among the
Borrower, the lenders party thereto, Bank of America, N.A., Banc of America Securities LLC and Barclays Capital, (ii) that certain Senior Note issued by the Borrower to OCM PF/FF Adamantine Holdings, Ltd. dated May 29, 2013 and
(iii) that certain Redeemable Note issued by the Borrower to OCM PF/FF Adamantine Holdings, Ltd. dated May 29, 2012. 
 “Extraordinary
Receipt” means any cash received by or paid to any Person as a result of proceeds of insurance (other than proceeds of business interruption insurance to the extent such proceeds constitute compensation for lost earnings) and condemnation
awards (and payments in lieu thereof); provided, however, that an Extraordinary Receipt shall not include cash receipts from proceeds of insurance or condemnation awards (or payments in lieu thereof) or indemnity payments to the extent
that such proceeds or awards (a) are received by such Person in respect of loss or damage to equipment, fixed assets or real property and are applied (or in respect of which expenditures were previously incurred) to replace or repair the
equipment, fixed assets or real property in respect of which such proceeds were received or (b) are received by such Person in respect of any third party claim against, or liability of, such Person and are applied to pay (or to reimburse such
Person for its prior payment of) such claim or liability and the costs and expenses of such Person with respect thereto. 
 “Facility”
means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Commitments at such time and (b) thereafter, the aggregate principal amount of the Loans of all Lenders outstanding at such time. 

“Facility Commitment Increase” has the meaning specified in Section 2.12. 

  
 16 

 “FASB ASC” means the Accounting Standards Codification of the Financial Accounting Standards
Board. 
 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that
is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code and any law or
official agreement implementing an official governmental agreement with respect thereto. 
 “Federal Funds Rate” means, for any day, the
rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the
Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next
succeeding Business Day and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to
Credit Suisse on such day on such transactions as determined by the Administrative Agent. 
 “Fixed Charge Coverage Ratio” means, as of the
last day of the most recently completed Measurement Period, the ratio of (a) Consolidated EBITDA for such Measurement Period to (b) Fixed Charges for such Measurement Period. 

“Fixed Charges” means, with respect to the Borrower and its Subsidiaries, at any date of determination, the sum, without duplication, of:

 (1) the Consolidated Interest Charges of the Borrower and its Subsidiaries for the most recently completed Measurement Period; plus 

(2) all cash dividends or other distributions paid (excluding items eliminated in consolidated) on any series of preferred stock of the Borrower or any of its
Subsidiaries during the most recently completed Measurement Period; plus 
 (3) all cash dividends or other distributions paid (excluding items
eliminated in consolidation) on any series of Disqualified Stock (as defined in the Indenture (as in effect on the date hereof)) during the most recently completed Measurement Period; minus 

(5) interest income for the most recently completed Measurement Period. 

“Foreign Benefit Event” means, with respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the
amount permitted under any applicable law, or in excess of the amount that would be permitted absent a waiver from a Governmental Authority, (b) the failure to make the required contributions or payments to a Foreign Pension Plan, under any
applicable law, on or before the due date (and after 

  
 17 

 
expiration of any applicable grace periods) for such contributions or payments, (c) the receipt of a notice by a Governmental Authority relating to its intention to terminate any such
Foreign Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the insolvency of any such Foreign Pension Plan or (d) the incurrence of any liability by the Borrower or any Subsidiary
under applicable law on account of the complete or partial termination of such Foreign Pension Plan or the complete or partial withdrawal of any participating employer therein, in each case as to clauses (a) through (d) hereof, that could
reasonably be expected to result in a Material Adverse Effect. 
 “Foreign Lender” means any Lender that is not a “United States
person” within the meaning of Section 7701(a)(30) of the Code. 
 “Foreign Pension Plan” means any defined benefit plan
sponsored, maintained or contributed to, or required to be sponsored, maintained or contributed to, by the Borrower or any ERISA Affiliate that under applicable law of any jurisdiction other than the United States is required to be funded through a
trust or other funding vehicle other than a trust or funding vehicle maintained exclusively by a Governmental Authority. 
 “Foreign
Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 
 “FRB” means the Board of Governors of the Federal Reserve
System of the United States. 
 “Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing,
holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 
 “GAAP”
means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the
Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently
applied. 
 “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government (including the National Association of Insurance Commissioners and any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantee” means, as to any Person, any (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic
effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or
indirect, (i) to purchase or pay (or advance or supply funds for the 

  
 18 

 
purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such
Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow
of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the
payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part) or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person, whether or not such
Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien); provided that the term “Guarantee” shall not include endorsements for
collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any acquisition or disposition of assets or Permitted
Acquisitions permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable amount of the related primary obligation, or
portion thereof, 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 the guaranteeing Person in good faith. The term “Guarantee” as
a verb has a corresponding meaning. 
 “Guarantors” means, collectively, each existing and future (a) Material Domestic Subsidiary of
the Borrower and (b) Material Foreign Subsidiary of the Borrower that Guarantees any Indebtedness of the Borrower or any of its Domestic Subsidiaries (in each case excluding (i) each Subsidiary that is a CFC or CFC HoldCo for so long as
such Subsidiary remains a CFC or CFC HoldCo and (ii) without limiting Section 7.15, each Inactive Subsidiary for so long as such Subsidiary remains inactive). 

“Guaranty” means the guaranty agreement dated of even date herewith executed and delivered by any Guarantors in favor of the Secured Parties
substantially in the form of Exhibit F, as amended, restated, supplemented or other modified from time to time. 
 “Hazardous
Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated
biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to any Environmental Law. 

“Hedge Bank” means any Person that, at the time it enters into a Swap Contract required or permitted under Article VI or VII, is a Lender or
an Affiliate of a Lender, in its capacity as a party to such Swap Contract. 
 “Inactive Subsidiary” means each of (a) Diamond of
Europe GmbH, a corporation organized under the laws of the Federal Republic of Germany, (b) Wimbledon Acquisition LLC, a limited liability company organized under the laws of Delaware, and 

  
 19 

 
(c) Diamond Foods Brazil Holding LLC, a limited liability company organized under the laws of Delaware, and each of their successors and assigns; provided that, at such time (if any) as
any such Person commences any activities or operations, such Person shall cease to be an Inactive Subsidiary. 
 “Incremental Amount”
means, at any date of determination (or, in the case of a Limited Condition Acquisition, as of the date the definitive agreements for such Limited Condition Acquisition are entered into), an amount equal to (i) $100,000,000 minus the
lesser of (x) the aggregate amount of any and all prior requests for New Loan Commitments pursuant to Section 2.12 (except to the extent any request has been withdrawn) (and, with respect to each Limited Condition Acquisition, and
only during the period from and after the related definitive agreement for such acquisition is entered into and until the earlier of the consummation of such acquisition or the termination of such agreement, the aggregate amount of the New Term
Loans contemplated to be incurred, or the Facility Commitment Increase contemplated to be effectuated, in connection with such Limited Condition Acquisition) and (y) $100,000,000; plus (ii) the maximum amount of additional Loans or
New Term Loans, as the case may be, that may be incurred by the Borrower at such time without violating the Maximum Senior Secured Net Leverage Requirement. 

“Incremental Effective Date” has the meaning specified in Section 2.12(e). 

“Incremental Facilities” has the meaning specified in Section 2.12. 

“Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as
indebtedness or liabilities in accordance with GAAP: 
 (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced
by bonds, debentures, notes, loan agreements or other similar instruments; 
 (b) the maximum amount of all direct or contingent obligations of such Person
arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 
 (c)
net obligations of such Person under any Swap Contract; 
 (d) all obligations of such Person to pay the deferred purchase price of property or services
(other than (i) trade accounts payable in the ordinary course of business and not past due for more than 90 days after the date on which such trade account is payable (unless being contested in good faith and by appropriate proceedings) and
(ii) earn-outs, hold-backs and other deferred payment of consideration in Permitted Acquisitions to the extent not required to be reflected as liabilities on the balance sheet of the Borrower and its Subsidiaries in accordance with GAAP); 

(e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising
under 

  
 20 

 
conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 

(f) capital leases; 
 (g) all obligations of such Person to
purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person or any other Person, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation
preference plus accrued and unpaid dividends; and 
 (h) all Guarantees of such Person in respect of any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a joint venture that is
itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under any Swap Contract on any
date shall be deemed to be the Swap Termination Value thereof as of such date. The amount of any capital lease as of any date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such date. 

“Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any
obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes. 
 “Indemnitees”
has the meaning specified in Section 10.04(b). 
 “Indenture” means that certain indenture dated as of February 19, 2014,
among the Borrower, certain Subsidiaries, as guarantors, and U.S. Bank National Association, as trustee, governing the senior unsecured notes issued as part of the Notes Issuance. 

“Information” has the meaning specified in Section 10.07. 

“Initial Financial Projections” means the consolidated forecasted balance sheet and statements of income and cash flows of the Borrower and
its Subsidiaries for the fiscal year ended July 31, 2014 through the fiscal year ended July 31, 2018 in the most recent form provided to the Administrative Agent prior to the date hereof. 

“Intercompany Subordination Agreement” means an Intercompany Subordination Agreement substantially in the form of Exhibit M pursuant
to which intercompany obligations and advances owed by any Loan Party to any of the Subsidiaries that is not also a Loan Party are subordinated to the Obligations. 

“Intercreditor Agreement” means the Intercreditor Agreement among the Borrower, the other Loan Parties, the Collateral Agent and the
collateral agent under the Revolving Credit Loan Documents, substantially in the form of Exhibit H. 

  
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 “Interest Payment Date” means, (a) as to any Eurodollar Rate Loan, the last day of each
Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided, however, that if any Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that
fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan, the last Business Day of each January, April, July and October and the Maturity Date of the Facility
under which such Loan was made. 
 “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such
Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, two, three or six months thereafter, or to the extent consented to by all Lenders, twelve months thereafter, as selected by the
Borrower in its Committed Loan Notice; provided that: 
 (i) any Interest Period that would otherwise end on a day that is not a Business Day shall
be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(ii) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the
calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and 
 (iii)
no Interest Period shall extend beyond the Maturity Date of the Facility under which such Loan was made. 
 “Investment” means, as to any
Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or
assumption of debt of, or purchase or other acquisition of any other debt or interest in, another Person or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a
business unit. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“IP Rights” has the meaning specified in Section 5.18. 

“IP Security Agreements” has the meaning specified in the Collateral Agreement. 

“IRS” means the United States Internal Revenue Service. 

“KFI” means Kettle Foods, Inc., an Oregon corporation. 

“KFH” means Kettle Foods Holdings, Inc., a Delaware corporation. 

“Laws” means, collectively, all international, foreign, Federal, state and local statutes, treaties, rules, guidelines, regulations,
ordinances, codes and administrative or judicial 

  
 22 

 
precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and all
applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“Lender” has the meaning specified in the introductory paragraph hereto. 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s Administrative
Questionnaire, or such other office or offices as a Lender may from time to time notify the Administrative Agent and the Borrower. 

“Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), charge or
preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any easement, right of way or other
encumbrance on title to real property and any financing lease having substantially the same economic effect as any of the foregoing). 
 “Limited
Condition Acquisition” means any acquisition permitted by Section 7.02 in excess of the Threshold Amount whose consummation is not conditioned under the terms of the relevant definitive acquisition agreement on the availability
of, or on obtaining, third party financing. 
 “Loan” means an advance made by any Lender under the Facility. 

“Loan Documents” means this Agreement, each Note, the Engagement Letter, each Guaranty, the Intercreditor Agreement and each Collateral
Document. 
 “Loan Parties” means, collectively, the Borrower and each Guarantor (as applicable). 

“Master Intercompany Note” means a promissory note substantially in the form of Exhibit N hereto. 

“Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the operations, business,
properties, liabilities (actual or contingent), or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole, (b) a material impairment of the rights and remedies of the Administrative Agent or any Lender under
any Loan Document or (c) a material adverse effect upon the legality, validity, binding effect or enforceability against any Loan Party of any Loan Document to which it is a party. 

“Material Contract” means, with respect to any Person, each contract to which such Person is a party involving aggregate consideration
payable to or by such Person of $30,000,000 or more in any year or otherwise material to the business of such Person. 
 “Material
Subsidiary” means any direct or indirect Subsidiary of the Borrower (a) with unconsolidated assets representing five percent (5%) or more of the consolidated total 

  
 23 

 
assets of the Borrower and its Subsidiaries, (b) with unconsolidated revenues representing five percent (5%) or more of the consolidated revenues of the Borrower and its Subsidiaries,
in each of the foregoing clauses (a) and (b), measured as of the date of the most recent financial statements provided pursuant to Section 6.01 (or prior to any such delivery, as of October 31, 2013) or (c) otherwise
designated by the Borrower as a “Material Subsidiary”; provided that if, as of the date of the most recent financial statements provided pursuant to Section 6.01 (or, if applicable, as of October 31, 2013), the
combined consolidated total assets or combined consolidated revenues of all Subsidiaries that under clauses (a) and (b) above would not constitute Material Subsidiaries shall have exceeded 10% of the consolidated total assets of the
Borrower and its Subsidiaries or 10% of the consolidated revenues of the Borrower and its Subsidiaries, respectively, then one or more of such excluded Subsidiaries shall for all purposes of this Agreement be deemed to be Material Subsidiaries in
descending order based on the amounts of their consolidated total assets or consolidated revenues, as applicable, until such excess shall have been eliminated. 

“Material Domestic Subsidiary” means any Domestic Subsidiary that is a Material Subsidiary. 

“Material Foreign Subsidiary” means any Foreign Subsidiary that is a Material Subsidiary. 

“Maturity Date” means August 20, 2018; provided, however, that, if such date is not a Business Day, the Maturity Date
shall be the next preceding Business Day. 
 “Maximum Senior Secured Net Leverage Requirement” means the requirement that, on a Pro
Forma Basis, including after giving effect to the applicable increase to the Facility or the applicable addition of the New Term Facility, as the case may be (in each case assuming all commitments thereunder are fully drawn, and without giving
effect to any unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries that will be received from the proceeds of any such increase to the Facility or addition of a New Term Facility), the Senior Secured Net Leverage Ratio as of
the date of the most recent financial statements required to be delivered pursuant to Section 6.01 at the time of incurrence (or prior to any such delivery, as of October 31, 2013) (or, in the case of a Limited Condition
Acquisition, as of the date the definitive agreements for such Limited Condition Acquisition are entered into) not exceed 4.50:1.00. 
 “Measurement
Period” means, at any date of determination, the most recently completed four fiscal quarters of the Borrower in respect of which financial statements have been delivered pursuant to Section 6.01(a) or (b) (or prior
to any such delivery, for the four fiscal quarters ended October 31, 2013). 
 “Minor Acquisition” means any investment by the
Borrower or any Guarantor in the form of acquisitions of all or substantially all of the business or a line of business (whether by the acquisition of capital stock, assets or any combination thereof) of any other Person; provided that the
total cash and non-cash consideration for such acquisition shall not exceed $10,000,000. 

  
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 “Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgages” shall have the meaning specified in Section 6.15. 

“Mortgage Policies” shall have the meaning specified in Section 6.15. 

“Mortgaged Property” has the meaning specified in Section 5.10. 

“Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which the Borrower or any
ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least
two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 
 “National Flood Insurance Program”
has the meaning specified in Section 5.16(b). 
 “Net Cash Proceeds” means: 

(a) with respect to any Disposition by the Borrower or any of its Subsidiaries, or any Extraordinary Receipt received or paid to the account of the Borrower
or any of its Subsidiaries, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such transaction (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization
of, a note receivable or otherwise, but only as and when so received) over (ii) the sum of (A) the principal amount of any Indebtedness (other than the Loans) that is (1) secured by a Lien on the applicable asset that is not junior to
any Lien on such asset securing the Obligations and that is required to be repaid in connection with such transaction or (2) secured by a Lien on the applicable asset and such asset is not, and is not required to be, Collateral and that is
required to be repaid in connection with such transaction, (B) the out-of-pocket expenses incurred (or reasonably expected to be incurred) by the Borrower or such Subsidiary in connection with such transaction and (C) taxes reasonably
estimated to be actually payable within two years of the date of the relevant transaction, including any taxes payable as a result of any gain recognized in connection therewith; provided that, if the amount of any estimated taxes pursuant to
subclause (C) exceeds the amount of taxes actually required to be paid in cash in respect of such Disposition, the aggregate amount of such excess shall constitute Net Cash Proceeds; and 

(b) with respect to the sale or issuance of any Equity Interest by the Borrower or any of its Subsidiaries, or the incurrence or issuance of any Indebtedness
by the Borrower or any of its Subsidiaries, the excess of (i) the sum of the cash and Cash Equivalents received in connection with such transaction over (ii) the underwriting discounts and commissions, and other out-of-pocket expenses,
incurred by the Borrower or such Subsidiary in connection therewith. 
 “New Loan Commitments” has the meaning specified in
Section 2.12. 

  
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 “New Term Facility” has the meaning specified in Section 2.12. 

“New Term Loan” has the meaning specified in Section 2.12. 

“Non-Consenting Lender” has the meaning specified in Section 3.06(c). 

“Note” means a promissory note made by the Borrower payable to the Lender (or its registered assigns) evidencing Loans made by such Lender,
substantially in the form of Exhibit B. 
 “Notes Issuance” means the issuance by the Borrower of $230 million aggregate principal
amount of senior unsecured notes, maturing no earlier than approximately five years after the Closing Date, pursuant to the Indenture. 

“Obligations” means all advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under (i) any
Loan Document or (ii) otherwise with respect to any Loan, Secured Cash Management Agreement or Secured Hedge Agreement, in each case, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become
due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such
proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided that the “Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such Loan Party. 

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

“Organization Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation and the bylaws (or
equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement and (c) with
respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed
in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of such entity. 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that arise from any
payment made under, from the 

  
 26 

 
execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such
Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 10.13). 

“Outstanding Amount” means, on any date, the aggregate outstanding principal amount of Loans after giving effect to any borrowings and
prepayments or repayments of Loans occurring on such date. 
 “Participant” has the meaning specified in Section 10.06(d). 

“Participant Register” has the meaning specified in Section 10.06(d). 

“PATRIOT Act” has the meaning specified in Section 10.18. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Act” means the Pension Protection Act of 2006. 

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any installment payment
thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Code and Section 302 of ERISA, each as in effect prior to the Pension Act and, thereafter,
Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. 
 “Pension Plan” means any employee
pension benefit plan (other than a Multiemployer Plan) that is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412
of the Code. 
 “Permitted Acquisition” means any investment by the Borrower or any Subsidiary in the form of acquisitions of all or
substantially all of the business or a line of business or a separate operation (whether by the acquisition of capital stock, assets or any combination thereof) of any other Person if each such acquisition meets all of the following requirements:

 (a) the Administrative Agent and the Lenders (or only the Administrative Agent with respect to any Minor Acquisition) shall receive written notice of
such acquisition not less than ten (10) days prior to closing, together with a reasonable summary description of the relevant acquisition, pro forma projections and financial statements; 

(b) if the survivor/acquired entity or assets shall be (or shall be owned by) a Subsidiary upon the consummation of such transaction, the survivor/acquired
entity becomes a Guarantor and a party to the then current Loan Documents to the extent required to be and in accordance with the terms of such Loan Documents; 

  
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 (c) the acquired entity, assets or operations shall be in the food business, or a line of business reasonably
related thereto; 
 (d) with respect to any acquisition, immediately after giving effect to such acquisition and any incurrence of Indebtedness in
connection therewith, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Consolidated Leverage Ratio of 6.50:1.00, which compliance shall be evidenced by a certificate from a Responsible Officer of the
Borrower demonstrating such compliance calculation in reasonable detail; 
 (e) no Default or Event of Default shall have occurred and be continuing as of
the closing date of the proposed acquisition (or in the case of a Limited Condition Acquisition, no Default or Event of Default shall have occurred and be continuing as of the date the definitive agreements for such Limited Condition Acquisition are
entered into and no Event of Default specified in Section 8.01(a) or (f) shall have occurred and be continuing as of the date such Limited Condition Acquisition is consummated); and 

(f) any amounts used to fund the purchase price of an entity that does not become a Guarantor (or of assets that do not become Collateral (except to the
extent constituting Excluded Assets (as defined in the Collateral Agreement) of a person that is or becomes a Loan Party)) upon the consummation of such transaction shall not have come, directly or indirectly, from a Loan Party, except to the extent
of any Investment made in connection therewith by a Loan Party in a non-Guarantor in compliance with Section 7.02 (without reliance on Section 7.02(f)). 

“Permitted Equity Issuance” means any sale or issuance (other than to a Subsidiary) of any Equity Interests (other than Disqualified Equity
Interests) of the Borrower; provided that no sale or issuance of Equity Interests of the Borrower consummated in connection with the Settlement shall constitute a Permitted Equity Issuance. 

“Permitted Liens” means those Liens permitted pursuant to Section 7.01. 

“Permitted Ratio Debt” means Indebtedness consisting of notes or loans under credit agreements, indentures or other similar agreements or
instruments; provided that (A) (1) the terms of such Indebtedness do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the date that is 91 days after the latest maturity date then
applicable to Loans outstanding under the Facility or any New Term Facility (which, in the case of bridge loans, shall be determined by reference to the notes or loans into which such bridge loans are converted to or exchanged for at maturity if
such exchange or conversion is not subject to any material conditions precedent, and other than customary offers to repurchase or mandatory prepayments upon a change of control, asset sale or event of loss and customary acceleration rights after an
event of default), (2) the covenants, events of default, guarantees and other terms of such Indebtedness are customary for similar Indebtedness in light of then-prevailing market conditions (it being understood that such Indebtedness shall not
include any financial maintenance covenants, but that customary cross-acceleration provisions may be included) and in any event, when taken as a whole (other than interest rate and 

  
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redemption premiums), are not more restrictive to the Borrower and its Subsidiaries than those set forth in this Agreement and (3) if such Indebtedness is subordinated, the Facility and any
New Term Facility shall have been, and while the Facility and any New Term Facility remain outstanding no other Indebtedness other than Indebtedness under the Revolving Credit Agreement is or is permitted to be, designated as “Designated Senior
Debt” or its equivalent in respect of such Indebtedness; (B) immediately before and immediately after giving effect to the incurrence of such Indebtedness, no Default shall have occurred and be continuing; and (C) immediately after
giving effect to the incurrence of such Indebtedness and any substantially concurrent prepayment or repayment of Indebtedness with all or a portion of the proceeds of such Indebtedness, the Borrower and its Subsidiaries shall, on a Pro Forma Basis,
be in compliance with a minimum Fixed Charge Coverage Ratio of 2.00:1.00, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent and the Lenders pursuant to
Section 6.01(a) or (b) and evidenced by a certificate from a Responsible Officer of the Borrower demonstrating such compliance calculation in reasonable detail. 

“Permitted Refinancing” means, with respect to any Person, any modification, refinancing, refunding, renewal, replacement, redemption,
repurchase, defeasance, exchange and/or extension (collectively, to “Refinance” or a “Refinancing” or “Refinanced”) of any Indebtedness (any such Indebtedness as so modified, refinanced, refunded,
renewed, replaced, redeemed, repurchased, defeased, exchanged and/or extended, “Refinancing Indebtedness”) of such Person; provided that (a) the principal amount (or, if issued with original issue discount, the aggregate
issue price) of such Refinancing Indebtedness does not exceed the principal amount of the Indebtedness so Refinanced except by an amount equal to unpaid accrued interest, fees and premium (including tender premium) and penalties (if any) thereon
plus upfront fees and original issue discount thereon, plus other reasonable and customary fees and expenses incurred or paid in connection with such Refinancing, plus an amount equal to any existing commitment unutilized and letters of credit
undrawn thereunder; (b) such Refinancing Indebtedness has a final maturity date equal to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of,
the Indebtedness being Refinanced; (c) if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations under the Loan Documents, such Refinancing Indebtedness is subordinated in right of payment to the Obligations
under the Loan Documents on terms, taken as a whole, as favorable in all material respects to the Lenders as those contained in the documentation governing the Indebtedness being Refinanced; (d) if the Indebtedness being Refinanced is
unsecured, such Refinancing Indebtedness is unsecured; (e) if the Indebtedness being Refinanced is secured by a second-priority or other junior priority security interest in the Collateral and/or subject to any intercreditor arrangements for
the benefit of the Lenders (including the Intercreditor Agreement), such Refinancing Indebtedness is secured and subject to intercreditor arrangements on terms, taken as a whole, as favorable in all material respects to the Lenders as those
contained in the documentation governing the Indebtedness being Refinanced; (f) the terms and conditions of the Refinancing Indebtedness (excluding, for the avoidance of doubt, interest rates, interest margins, rate floors, fees, funding
discounts, original issue discounts and prepayment or redemption 

  
 29 

 
premiums) are, when taken as a whole, not materially more favorable to the lenders or holders providing such Refinancing Indebtedness than those applicable to the Indebtedness being Refinanced,
when taken as a whole, and (g) such Refinancing Indebtedness is not incurred or guaranteed by any Person who would not have been permitted to be the obligor or guarantor, as applicable, on the Indebtedness being Refinanced. 

“Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership,
Governmental Authority or other entity. 
 “Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA
(including a Pension Plan and excluding a Multiemployer Plan), maintained for employees of the Borrower or any such Plan to which the Borrower is required to contribute on behalf of any of its employees. 

“Platform” has the meaning specified in Section 6.02. 

“Public Lender” has the meaning specified in Section 6.02. 

“Pro Forma Basis” means, in respect of a Specified Transaction, that such Specified Transaction and the following transactions in connection
therewith (to the extent applicable) shall be deemed to have occurred as of the first day of the applicable Measurement Period for the applicable covenant or requirement: (a) historical income statement items (whether positive or negative)
attributable to the property or Person, if any, subject to such Specified Transaction shall be (i) excluded (in the case of a Disposition of all or substantially all Equity Interests in or assets of any Subsidiary or any business unit,
division, product line or facility used for operations of the Borrower or any Subsidiary) and (ii) included (in the case of a purchase or other acquisition of all or substantially all Equity Interests in or assets of any Person that becomes a
Subsidiary or any business unit, division, product line or facility to be used for operations of the Borrower or any Subsidiary, in each case without giving effect to any cost savings not otherwise reflected in the applicable income statement
(except for cost savings (net of costs to achieve the savings) as would be permitted in a pro forma financial statement prepared in compliance with SEC Regulation S-X), (b) any retirement or repayment of Indebtedness and (c) any incurrence
or assumption of Indebtedness by the Borrower or any of its Subsidiaries (including, with respect to each Limited Condition Acquisition, and only during the period from and after the related definitive agreement for such acquisition is entered into
and until the earlier of the consummation of such acquisition or the termination of such agreement, any Indebtedness contemplated to be incurred in connection with such Limited Condition Acquisition) (and if such Indebtedness has a floating or
formula rate, such Indebtedness shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the relevant
date of determination); provided that (A) Pro Forma Basis in respect of any Specified Transaction shall be calculated in a reasonable and factually supportable manner and certified by a Responsible Officer of the Borrower and
(B) any such calculation shall be subject to the applicable limitations set forth in the definition of Consolidated EBITDA. 

  
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 “Refinancing Amendment” means an amendment to this Agreement, in form and substance reasonably
satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and the Lenders providing Specified Refinancing Debt, effecting the incurrence of such Specified Refinancing Debt in accordance with Section 2.14.

 “Register” has the meaning specified in Section 10.06(c). 

“Release” means any release, spill, emission, leaking, dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or
migration into or through the environment or from, under, within or upon any building, structure, facility or fixture. 
 “Related Parties”
means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period
has been waived. 
 “Repricing Transaction” means (a) the incurrence of any Indebtedness by the Borrower or any of its Subsidiaries
(including any new or additional term loans under this Agreement), (i) having an effective interest rate margin or weighted average yield (as reasonably determined by the Administrative Agent consistent with generally accepted financial
practices, after giving effect to, among other factors, interest rates, interest rate margins, upfront or similar fees, recurring periodic fees in substance equivalent to interest, original issue discount or Eurodollar Rate or Base Rate floors
shared with all lenders or holders thereof, but excluding the effect of any arrangement, structuring, underwriting, syndication or other fees payable in connection therewith that are not shared with all lenders or holders thereof or any fluctuations
in the Eurodollar Rate or the Base Rate) that is, or upon the satisfaction of conditions could be, less than the effective interest rate margin for, or weighted average yield (as reasonably determined by the Administrative Agent on the same basis)
of, the Loans and (ii) the proceeds of which are used to repay, in whole or in part, principal of outstanding Loans (or any such repayment of principal occurs substantially concurrent with the receipt of such proceeds) and (b) any
amendment, waiver or other modification to this Agreement which would have the effect of reducing the effective interest rate margin for, or weighted average yield (as reasonably determined by the Administrative Agent on the same basis) of, the
Loans. 
 “Required Lenders” means, as of any date of determination, Lenders holding more than 50% of the Total Outstandings;
provided that the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. 

“Responsible Officer” means the chief executive officer, president, chief financial officer, treasurer, assistant treasurer or controller of
a Loan Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership 

  
 31 

 
and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to any capital
stock or other Equity Interest of any Person or any of its Subsidiaries, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, defeasance,
acquisition, cancellation or termination of any such capital stock or other Equity Interest, or on account of any return of capital to any Person’s stockholders, partners or members (or the equivalent or any thereof) or any option, warrant or
other right to acquire any such dividend or other distribution or payment. 
 “Retained Percentage” means, with respect to any fiscal year
of the Borrower, (a) 100% minus (b) the percentage of Consolidated Excess Cash Flow for such fiscal year that is required to be used to prepay Loans pursuant to Section 2.03(b)(i). 

“Revolving Credit Agreement” means the Credit Agreement dated as of February 19, 2014 among Wells Fargo Bank, National Association, as
administrative agent and lender, and the Borrower, as borrower, and any replacement thereof entered into in connection with a refinancing thereof permitted by this Agreement, as the same may be amended, supplemented or otherwise modified from time
to time. 
 “Revolving Credit Loan Documents” means the “Loan Documents” (or any similar term) under the Revolving Credit
Agreement, as the same may be amended, supplemented or otherwise modified from time to time. 
 “Sanctions” has the meaning specified in
Section 5.16(b). 
 “S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies,
Inc., and any successor thereto. 
 “SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of
its principal functions. 
 “Secured Cash Management Agreement” means any Cash Management Agreement that is entered into by and between any
Loan Party and any Cash Management Bank. 
 “Secured Hedge Agreement” means any interest rate Swap Contract, commodity Swap Contract, or
foreign exchange and currency Swap Contract permitted under or required by this Agreement that is entered into by and between a Loan Party and any Hedge Bank. 

“Secured Parties” means, collectively, the Administrative Agent, the Lenders, the Hedge Banks, the Cash Management Banks, each co-agent or
sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Collateral
Documents. 

  
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 “Securitization” means any transaction or series of transactions entered into by the Borrower
and any Subsidiaries pursuant to which one or more Foreign Subsidiaries sell or otherwise transfer Securitization Assets to a Securitization Vehicle, and such Securitization Vehicle finances the acquisition of such Securitization Assets
(i) with proceeds from the issuance of Third Party Interests, (ii) with Sellers’ Retained Interests and/or (iii) with proceeds from the sale or collection of Securitization Assets previously purchased by such Securitization
Vehicle. For purposes of this Agreement, the “amount” or “principal amount” of any Securitization shall be deemed at any time to be (1) the aggregate principal or stated amount of the Third Party Interests (which stated
amount may be described as a “net investment”, “capital”, “invested amount” or similar term reflecting the amount invested in any beneficial interest constituting a Third Party Interest) incurred or issued pursuant to
such Securitization, in each case outstanding at such time, or (2) in the case of any Securitization in respect of which no such principal or stated amount is determinable, the cash purchase price paid by the buyer in connection with its
purchase of Third Party Interests less the amount of collections received in respect of such Third Party Interests and paid to such buyer, excluding any amounts applied to purchase fees or discount or in the nature of interest. 

“Securitization Assets” means any accounts receivable owed to any Foreign Subsidiary, all collateral securing such accounts receivable, all
contracts and contract rights and all guarantees or other obligations in respect of such accounts receivable, all proceeds of such accounts receivable and other assets (including contract rights) which are the type customarily transferred in
connection with securitizations of accounts receivable and which are sold, transferred or otherwise conveyed (or purported to be sold, transferred or otherwise conveyed) by a Foreign Subsidiary to a Securitization Vehicle in connection with a
Securitization permitted by Sections 7.03(h) and 7.05(m). 
 “Securitization Vehicle” means a Foreign Subsidiary used
solely for the purpose of effecting one or more Securitizations to which a Foreign Subsidiary transfers Securitization Assets and which, in connection with such Securitization, issues Third Party Interests; provided, that (i) each such
Person shall engage in no business other than the purchase of Securitization Assets pursuant to Securitizations permitted by Sections 7.03(h) and 7.05(m), the issuance of Third Party Interests and any activities reasonably related
thereto, (ii) no portion of the Indebtedness or other obligations (contingent or otherwise) of such Person (x) is Guaranteed by the Borrower or any other Subsidiary, other than any Guarantee of obligations (other than of principal of, or
interest on, Indebtedness) that may be deemed to exist solely by virtue of Standard Securitization Undertakings, (y) is recourse to the Borrower or any other Subsidiary other than by virtue of Standard Securitization Undertakings and
(z) is secured (contingently or otherwise) by any Lien on assets of the Borrower or any other Subsidiary other than by virtue of Standard Securitization Undertakings, (iii) such Person has no contract, agreement, arrangement or
understanding with the Borrower or any other Subsidiary other than customary contracts, arrangements or agreements entered into with respect to the sale, purchase and servicing of Securitization Assets on market terms for similar securitization
transactions and (iv) neither the Borrower nor any Subsidiary has any obligations to maintain or preserve such Person’s financial condition or cause it to achieve certain levels of operating results other than pursuant to Standard
Securitization Undertakings. 

  
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 “Sellers’ Retained Interests” means the debt or equity interests held by the Borrower or
any Subsidiary in a Securitization Vehicle to which Securitization Assets have been transferred in a Securitization permitted by Sections 7.03(h) and 7.05(m), including any such debt or equity received in consideration for the
Securitization Assets transferred. 
 “Senior Secured Net Leverage Ratio” means, as of the last day of the most recently completed
Measurement Period, the ratio of (a) Consolidated Funded Senior Secured Indebtedness as of such date (less the unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries as of such date) to (b) Consolidated EBITDA for such
Measurement Period. 
 “Settlement” means that certain Amended Stipulation of Settlement, dated as of August 20, 2013 and finally
approved by the United States District Court for the Northern District of California on January 10, 2014, with Judgment entered accordingly on January 21, 2014, to which the Borrower is party. 

“Specified Representations” means the representations and warranties made in Sections 5.01(a) and (b)(ii), 5.02(a),
5.04, 5.14, 5.16(a)(i) and (b), 5.19 and 5.20 (in each case, after giving effect to the relevant Limited Condition Acquisition). 

“Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date (a) the fair
value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be
required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay
such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small
capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount of contingent liabilities at any time shall be computed as the
amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Specified Refinancing Debt” has the meaning specified in Section 2.14. 

“Specified Transaction” means any incurrence or repayment of Indebtedness (excluding Indebtedness incurred for working capital purposes and
including any contemplated incurrence of Indebtedness in connection with a Limited Condition Acquisition, unless and to the extent such Limited Condition Acquisition has been consummated without any such contemplated Indebtedness or the definitive
agreement for such Limited Condition Acquisition has been terminated) or Investment that results in a Person becoming a Subsidiary, any Permitted Acquisition or any Disposition that results in a Subsidiary ceasing to be a Subsidiary of the Borrower,
any Investment constituting an acquisition of a business unit, division, product line or facility of another Person or any Disposition of a 

  
 34 

 
business unit, division, product line or facility of the Borrower or a Subsidiary, in each case whether by merger, consolidation, amalgamation, purchase, sale or otherwise. 

“Standard Securitization Undertakings” means representations, warranties, covenants and indemnities made by the Borrower or a Subsidiary in
connection with Securitizations permitted by Sections 7.03(h) and 7.05(m) which representations, warranties, covenants and indemnities are customarily included in securitizations of accounts receivable. 

“Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a
majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at
the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to
“Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “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 similar master agreement relating to a transaction described in clause (a) (any such master agreement, together with any related schedules, a
“Master Agreement”), including any such obligations or liabilities under any Master Agreement. 
 “Swap Obligation” means
with respect to any Loan Party, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 

“Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable
netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date
prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any

  
 35 

 
recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments,
fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
 “Term Loan
Priority Collateral” has the meaning specified in the Intercreditor Agreement. 
 “Third Party Interests” means, with respect to
any Securitization, notes, bonds or other debt instruments, beneficial interests in a trust, ownership interests (including any fractional undivided interests) in a pool or pools of accounts receivable or other interests or securities issued or sold
for cash consideration by a Securitization Vehicle to banks, investors or other financing sources (other than the Borrower or its Subsidiaries) the proceeds of which are used to finance, in whole or in part, the purchase by such Securitization
Vehicle of accounts receivables or other Securitization Assets in a Securitization. 
 “Threshold Amount” means $30,000,000. 

“Total Outstandings” means the aggregate Outstanding Amount of all Loans. 

“Transactions” means, collectively, (a) the execution and delivery by the Borrower and its Subsidiaries of the Loan Documents to which
they are or are intended to be a party, and the receipt by the Borrower of the net proceeds of the initial Borrowing hereunder, (b) the refinancing of all Indebtedness outstanding under the Existing Credit Facilities and the termination of all
commitments with respect thereto, (c) the execution and delivery of the Revolving Credit Agreement and the effectiveness of the revolving credit commitments thereunder, (d) the execution and delivery of the Indenture and the receipt by the
Borrower of the net proceeds of the Notes Issuance and (e) the payment of the fees and expenses incurred in connection with the consummation of the foregoing. 

“Type” means, with respect to a Loan, its character as a Base Rate Loan or a Eurodollar Rate Loan. 

“UCC” means the Uniform Commercial Code as in effect in the State of New York; provided that, if perfection or the effect of
perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as
in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 

“United States” and “U.S.” mean the United States of America. 

“U.S. Tax Compliance Certificate” has the meaning specified in Section 3.01(e). 

  
 36 

 “Warrant” means the warrant, pursuant to that Securities Purchase Agreement dated as of
May 22, 2010, between the Borrower and OCM PF/FF Adamante Holdings, Ltd., as amended to the date hereof, to purchase approximately 4.4 million shares of the Borrower’s common stock. 

“Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years (and/or portion thereof)
obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in
respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness. 

1.02 Other Interpretive Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other
Loan Document: 
 (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context
may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase
“without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any
agreement, instrument or other document (including any Organization Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any
restrictions on such amendments, supplements or modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and permitted assigns,
(iii) the words “herein,” “hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any
particular provision thereof, (iv) all references in a Loan Document to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, the Loan Document in which such
references appear, (v) any reference to any law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified,
refer to such law or regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and
all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 
 (b) In the computation of periods of time
from a specified date to a later specified date, the word “from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word
“through” means “to and including.” 
 (c) Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 

  
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 1.03 Accounting Terms. (a) Generally. All accounting terms not specifically or completely
defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with GAAP applied on a
consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of
determining compliance with any covenant contained herein, Indebtedness of the Borrower and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities
shall be disregarded. 
 (b) Changes in GAAP. If at any time any change in GAAP would affect the computation of any financial ratio or requirement
set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent
thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein
and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of
such ratio or requirement made before and after giving effect to such change in GAAP. 
 (c) Operating Leases. Notwithstanding anything to the
contrary contained herein, all financial covenants, basket amounts and ratios contained herein or in any other Loan Document shall be calculated without giving effect to any changes in GAAP after the Closing Date that would require lease obligations
that were treated as operating leases under GAAP as in effect on the Closing Date to be classified and accounted for as capital leases or otherwise reflected as Indebtedness on the Borrower’s consolidated balance sheet. 

1.04 Rounding. Any financial ratios required to be maintained by the Borrower pursuant to this Agreement shall be calculated by dividing the
appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest
number). 
 1.05 Times of Day. Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or
standard, as applicable). 
 1.06 Pro Forma Calculations. Notwithstanding anything to the contrary herein, the Senior Secured Net Leverage Ratio, the
Consolidated Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated (including for purposes of Section 2.12) on a Pro Forma Basis with respect to each Specified Transaction occurring during the applicable Measurement
Period to which such calculation relates, and/or subsequent to the end of such Measurement Period but not later than the date of such calculation; provided that notwithstanding the foregoing, when calculating the Consolidated Leverage

  
 38 

 
Ratio for purposes of determining the applicable percentage of Consolidated Excess Cash Flow required to be used to prepay Loans under Section 2.03(b), any Specified Transaction and
any related adjustment contemplated in the definition of Pro Forma Basis (and corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable Measurement Period shall not be given Pro Forma
Effect. 
 ARTICLE II.  

THE CREDITS 
 2.01 The Loans.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Lender’s Commitment (it being agreed that the Loans made on the Closing
Date shall be funded at 99.5% of the principal amount thereof, and notwithstanding said discount all calculations hereunder with respect to such Loans, including the accrual of interest and the repayment or prepayment of principal, shall be based on
100% of the stated principal amount thereof). The Borrowing shall consist of Loans made simultaneously by the Lenders in accordance with their respective Applicable Percentage of the Facility. Amounts borrowed under this Section 2.01 and
repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. 
 2.02 Borrowings,
Conversions and Continuations of Loans. (a) Each Borrowing, each conversion of Loans from one Type to the other and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to
the Administrative Agent, which may be given by telephone. Each such notice must be received by the Administrative Agent not later than 1:00 p.m. (i) three Business Days prior to the requested date of any Borrowing of, conversion to or
continuation of Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans and (ii) one Business Day prior to the requested date of any Borrowing of Base Rate Loans. Each telephonic notice by the Borrower pursuant to
this Section 2.02(a) must be confirmed promptly by delivery to the Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or
continuation of Eurodollar Rate Loans shall be in a principal amount of $2,000,000 or a whole multiple of $250,000 in excess thereof. Each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple
of $250,000 in excess thereof. Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Borrowing, a conversion of Loans from one Type to the other or a continuation of Eurodollar Rate
Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be
borrowed or to which existing Loans are to be converted and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give
a timely notice requesting a conversion or continuation, then the applicable Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate 

  
 39 

 
Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or
continuation of Eurodollar Rate Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. 

(b) Following receipt of a Committed Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage under
the Facility of the Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans described in
Section 2.02(a). In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the
Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the conditions set forth in Section 4.01, the Administrative Agent shall make all funds so received available to the Borrower in like funds as received
by the Administrative Agent by wire transfer of such funds in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower. 

(c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurodollar
Rate Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders. 

(d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate
Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change in Credit Suisse’s prime rate used in determining the Base Rate
promptly following such change. 
 (e) After giving effect to all Borrowings, all conversions of Loans from one Type to the other and all continuations of
Loans as the same Type, there shall not be more than five (5) Interest Periods in effect in respect of the Facility at any one time. 
 2.03
Prepayments. (a) Optional. (i) The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Loans in whole or in part without premium or penalty, except as set forth in
Section 2.03(a)(ii) below; provided that (A) such notice must be received by the Administrative Agent not later than 1:00 p.m. (1) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and
(2) one Business Day prior to the date of prepayment of Base Rate Loans; (B) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof; and (C) any
prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and
amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, 

  
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the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s ratable portion of such
prepayment (based on such Lender’s Applicable Percentage in respect of the Facility). Subject to subclause (iii) below, if such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in
such notice shall be due and payable on the date specified therein. Any prepayment of a Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.
Subject to Section 2.13, each such prepayment of outstanding Loans pursuant to this Section 2.03(a) shall be applied as directed by the Borrower to the remaining scheduled principal repayment installments thereof and each
such prepayment shall be paid to the Lenders in accordance with their respective Applicable Percentages in respect of each of the Facility; provided that, absent any such direction by the Borrower, any such prepayment shall be applied
first, in direct order to the next four scheduled principal repayment installments of the Facility and second, to the remaining principal repayment installments of the Facility on a pro-rata basis. 

(ii) If the Borrower makes a voluntary prepayment of Loans pursuant to Section 2.03(a) or makes a prepayment of Loans pursuant to
Section 2.03(b)(iii), in each case in connection with a Repricing Transaction and prior to the date that is six months after the Closing Date, the Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders, a
prepayment premium in an amount equal to 1.0% of the principal amount prepaid. If this Agreement is amended in the manner described in clause (b) of the definition of Repricing Transaction prior to the date that is six months after the Closing
Date, the Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders, an amendment fee in an amount equal to 1.0% of the principal amount of outstanding Loans at the time such amendment becomes effective. For the
avoidance of doubt, in the event that a 1.0% premium is paid pursuant the immediately preceding sentence and a Lender is replaced pursuant to Section 10.13 hereof in connection with the related amendment, such premium shall be payable to such
replaced Lender. 
 (iii) Notwithstanding anything to the contrary contained in this Agreement, the Borrower may state that any notice of
prepayment under Section 2.03(a)(i) is conditioned upon the occurrence or non-occurrence of any event specified therein (including the effectiveness of other credit facilities), in which case such notice may be revoked by the Borrower
(by written notice to the Administrative Agent on or prior to 1:00 p.m. on the specified effective date) if such condition is not satisfied. 
 (b)
Mandatory. (i) Within ten Business Days after financial statements have been delivered pursuant to Section 6.01(a) and the related Compliance Certificate has been delivered pursuant to Section 6.02(a) (commencing
with the fiscal year ending July 31, 2015), the Borrower shall prepay an aggregate principal amount of Loans equal to the excess (if any) of (A) 50% of Consolidated Excess Cash Flow for the fiscal year covered by such financial statements
minus (B) the aggregate principal amount of Loans prepaid 

  
 41 

 
pursuant to Section 2.03(a)(i) during such fiscal year (other than to the extent that any such prepayment is funded with the proceeds of an incurrence of Indebtedness or an issuance
or sale of Equity Interests), such prepayments to be applied as set forth in clause (v) below; provided that such percentage shall be reduced to 25% or 0% if the Consolidated Leverage Ratio of the Borrower and its Subsidiaries as of the
last day of the applicable fiscal year is less than 3.25 to 1.00 or 2.75 to 1.00, respectively, as evidenced by the most recently delivered Compliance Certificate. 

(ii) If the Borrower or any of its Subsidiaries Disposes of any property (other than any Disposition of any property permitted by
Section 7.05 (except pursuant to Section 7.05(g), Section 7.05(h), Section 7.05(l) or Section 7.05(n))), the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of
the Net Cash Proceeds received from such Disposition no later than two Business Days following receipt thereof by such Person (such prepayments to be applied as set forth in clause (v) below); provided that any such Net Cash Proceeds
shall only be required to be so applied to repay the Loans to the extent not reinvested in property that is useful in the business of the Borrower and its Subsidiaries within 18 months of the date of such Disposition or contractually agreed to be so
reinvested within such 18 month period and actually reinvested within 24 months of the date of such Disposition (it being understood that such prepayment shall be due no later than ten Business Days following the expiration of such 18 month period
or 24 month period, as applicable, to the extent the Net Cash Proceeds are not reinvested at such time); provided, further, that pending any such reinvestment (or repayment), all such Net Cash Proceeds shall be deposited in a
Designated Term Loan Account (as defined in the Intercreditor Agreement) to the extent required by the Intercreditor Agreement. Notwithstanding the foregoing, any prepayments pursuant to this clause (ii) shall be subject to the Intercreditor
Agreement. 
 (iii) Upon the incurrence or issuance by the Borrower or any of its Subsidiaries of (x) any Specified Refinancing Debt or
(y) any other Indebtedness (other than, without limiting clause (x) above, Indebtedness expressly permitted to be incurred or issued pursuant to Section 7.03), the Borrower shall prepay an aggregate principal amount of Loans
under the Facility or New Term Facility being refinanced (in the case of clause (x) above) or Loans under all outstanding facilities hereunder on a pro rata basis (in the case of clause (y) above), in either case, equal to 100% of all Net
Cash Proceeds received therefrom immediately upon receipt thereof by the Borrower or such Subsidiary (such prepayments to be applied as set forth in clause (v) below). 

(iv) Upon any Extraordinary Receipt received by or paid to or for the account of the Borrower or any of its Subsidiaries, and not otherwise
included in clause (ii), or (iii) of this Section 2.03(b), other than Excluded Extraordinary Receipts, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom within
ten Business Days of receipt thereof by the Borrower or such Subsidiary (such prepayments to be applied as set 

  
 42 

 
forth in clause (v) below). Notwithstanding the foregoing, any prepayments pursuant to this clause (iv) shall be subject to the Intercreditor Agreement. 

(v) Each prepayment of Loans pursuant to the foregoing provisions of this Section 2.03(b) shall be applied first, in direct
order to the next four scheduled principal repayment installments of the applicable facility and second, to the remaining principal repayment installments of the applicable facility on a pro-rata basis. 

2.04 Reduction of Commitments. The aggregate Commitments shall be automatically and permanently reduced to zero upon the making of the Loans on the
Closing Date. 
 2.05 Repayment of Loans. Commencing April 30, 2014, on the last Business Day of each January, April, July and October,
the Borrower shall repay the Loans and shall make principal repayment installments to the Administrative Agent, for the ratable benefit of the Lenders, in the amount of $1,037,500 on each such date (such amount subject to adjustment as the aggregate
outstanding amounts of the Loans shall be reduced as a result of the application of any prepayments of Loans in accordance with the order of priority set forth in Section 2.03); provided, however, that the final principal
repayment installment of the Loans shall be repaid on the Maturity Date for the Facility and shall be in an amount equal to the aggregate principal amount of all Loans outstanding on such date. 

2.06 Interest. (a) Subject to the provisions of Section 2.06(b), (i) each Eurodollar Rate Loan shall bear interest on the
outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Rate; and (ii) each Base Rate Loan shall bear interest on the outstanding
principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate. 
 (b)
(i) If any amount of principal of any Loan is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such overdue amount shall thereafter bear interest at a fluctuating
interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
 (ii) If any amount
(other than principal of any Loan) payable by the Borrower under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the Required
Lenders such overdue amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

(iii) Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand. 

(c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such other times as may be specified
herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after 

  
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judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

2.07 Fees. The Borrower agrees to pay to the Administrative Agent, for its own account and in immediately available funds, the administrative fees set
forth in the Engagement Letter at the times and in the amounts specified therein. The Borrower shall pay to each of the Arrangers, for their own respective accounts, fees in the amounts and at the times specified in the Engagement Letter. Such fees
shall be fully earned when paid and shall not be refundable for any reason whatsoever. 
 2.08 Computation of Interest. All computations of
interest for Base Rate Loans shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of interest shall be made on the basis of a 360-day year and actual days elapsed (which results
in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on
which the Loan or such portion is paid; provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.10(a), bear interest for one day. Each determination by the Administrative Agent of an
interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 
 2.09 Evidence of Debt. The Loans
made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender
shall be conclusive absent manifest error of the amount of the Loans made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the
obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect
of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender
(through the Administrative Agent) a Note, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of
its Loans and payments with respect thereto. 
 2.10 Payments Generally; Administrative Agent’s Clawback. (a) General. All
payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the
Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The
Administrative Agent will promptly distribute to each Lender its Applicable Percentage in respect of the Facility (or other applicable share as provided herein) of such payment in like funds as received by wire 

  
 44 

 
transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day (in the
Administrative Agent’s sole discretion) and any applicable interest shall continue to accrue. Except as otherwise provided herein, if any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be
made on the next following Business Day, and such extension of time shall be reflected on computing interest. 
 (b) (i) Funding by Lenders;
Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to
12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such
date in accordance with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon
such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower
severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrower to but
excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry
rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest
rate applicable to Base Rate Loans. If the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest
paid by the Borrower for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrower
shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(ii) Payments by Borrower; Presumptions by Administrative Agent. Unless the Administrative Agent shall have received notice from the
Borrower prior to the time at which any payment is due to the Administrative Agent for the account of the Lenders hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on
such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders severally agrees to repay to the
Administrative Agent forthwith on demand the amount so distributed to such Lender in immediately available funds with interest thereon, for each day from 

  
 45 

 
and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the
Administrative Agent in accordance with banking industry rules on interbank compensation. 
 A notice of the Administrative Agent to any Lender or the
Borrower with respect to any amount owing under this subsection (b) shall be conclusive, absent manifest error. 
 (c) Failure to Satisfy Conditions
Precedent. If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the
Administrative Agent because the conditions set forth in Section 4.01 or Section 2.12, as the case may be, are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall promptly return such
funds (in like funds as received from such Lender) to such Lender, without interest. 
 (d) Obligations of Lenders Several. The obligations of the
Lenders hereunder to make Loans and to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Loan or to make any payment under Section 10.04(c) on any date required
hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan or to make its payment under Section 10.04(c).

 (e) Funding Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to
constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 
 (f)
Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, interest and fees then due hereunder, such funds shall be applied (i) first,
toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties and (ii) second, toward payment of principal then due
hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal then due to such parties. 
 2.11 Sharing of Payments
by Lenders. If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of (a) Obligations in respect of the Facility due and payable to such Lender hereunder and under the other Loan
Documents at such time in excess of its ratable share (according to the proportion of (i) the amount of such Obligations due and payable to such Lender at such time to (ii) the aggregate amount of the Obligations in respect of the Facility
due and payable to all Lenders hereunder and under the other Loan Documents at such time) of payments on account of the Obligations in respect of the Facility due and payable to all Lenders hereunder and under the other Loan Documents at such time
obtained by all the Lenders at such time or (b) Obligations in respect of the Facility owing (but not due and payable) to such Lender hereunder and under the other Loan Documents at such time in excess of

  
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its ratable share (according to the proportion of (i) the amount of such Obligations owing (but not due and payable) to such Lender at such time to (ii) the aggregate amount of the
Obligations in respect of the Facility owing (but not due and payable) to all Lenders hereunder and under the other Loan Documents at such time) of payment on account of the Obligations in respect of the Facility owing (but not due and payable) to
all Lenders hereunder and under the other Loan Documents at such time obtained by all of the Lenders at such time, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase
(for cash at face value) participations in the Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount
of Obligations in respect of the Facility then due and payable to the Lenders or owing (but not due and payable) to the Lenders, as the case may be; provided that: 

(i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall
be rescinded and the purchase price restored to the extent of such recovery, without interest; and 
 (ii) the provisions of this Section
shall not be construed to apply to (A) any payment made by or on behalf of the Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting
Lender) or (B) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans to any assignee or participant, other than to the Borrower or any Subsidiary or Affiliate thereof (as to which
the provisions of this Section shall apply). 
 The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable
Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the
Borrower in the amount of such participation. 
 2.12 Incremental Facilities. (a) Request. The Borrower may from time to time, upon
written notice to the Administrative Agent, (i) request an increase in the Facility (which shall be on the same exact terms as, and become part of, the Facility (except as otherwise provided in clause (c) below with respect to
amortization)) (each, a “Facility Commitment Increase”) and (ii) request the addition of one or more new term loan facilities (each, a “New Term Facility”; and any advance made thereunder, a “New Term
Loan”; and the commitments in respect thereof, “New Term Commitments” and together with any Facility Commitment Increase, “New Loan Commitments”) in an amount (for all such requests) not exceeding the
Incremental Amount as of such time (or, in the case of an incurrence to finance a Limited Condition Acquisition, as of the date the definitive agreements for such Limited Condition Acquisition are entered into); provided that any such request
shall be in a minimum amount of $10,000,000. 

  
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 (b) New Loan Commitment Lenders. The Borrower may seek New Loan Commitments from existing Lenders (each of
which shall be entitled to decline to participate in its sole discretion) and additional banks, financial institutions and other institutional lenders that will become Lenders in connection therewith; provided that any such bank, institution
or lender that is not an existing Lender shall be reasonably satisfactory to the Administrative Agent. The Borrower and each Person providing New Loan Commitments shall execute and deliver to the Administrative Agent a joinder agreement in form and
substance reasonably satisfactory to the Administrative Agent and such other documentation as the Administrative Agent shall reasonably specify to evidence the New Loan Commitment of each Person and the terms and conditions thereof. 

(c) Effective Date and Allocations. If the Facility is to be increased or a New Term Facility is to be added in accordance with this Section, the
Administrative Agent and the Borrower shall determine the effective date (the “Incremental Effective Date”) and the final allocation of such increase or New Term Facility among the applicable Lenders in respect thereof. The
Administrative Agent shall promptly notify the Borrower and the applicable Lenders of the final allocation of such increase or New Term Facility and the Incremental Effective Date. In connection with any Facility Commitment Increase or any addition
of a New Term Facility, in each case, pursuant to this Section 2.12, this Agreement and the other Loan Documents may be amended in a writing (which need not be executed and delivered or otherwise approved by any Person other than the
Borrower and the Administrative Agent) in order to effectuate the Facility Commitment Increase or to establish the New Term Facility, as the case may be, and to reflect any technical changes necessary or appropriate to give effect to such Facility
Commitment Increase or New Term Facility in accordance with its terms as set forth herein. As of the Incremental Effective Date of any Facility Commitment Increase, the amortization schedule for the Loans set forth in Section 2.05 shall
be amended in a writing (which need not be executed and delivered or otherwise approved by any Person other than the Borrower and the Administrative Agent) to increase the then-remaining unpaid installments of principal by an aggregate amount equal
to the additional Loans being made on such date, such aggregate amount to be applied to increase such installments ratably in accordance with the amounts in effect immediately prior to the Incremental Effective Date. 

(d) Conditions to Effectiveness of New Loan Commitments. As a condition precedent to the effectiveness of a Facility Commitment Increase or a New Term
Facility, (i) the Borrower shall deliver to the Administrative Agent a certificate of each Loan Party dated as of the Incremental Effective Date signed by a Responsible Officer of such Loan Party (x) certifying and attaching the
resolutions adopted by such Loan Party approving or consenting to such Facility Commitment Increase or New Term Facility, as the case may be, and (y) in the case of the Borrower, certifying that the conditions precedent set forth in the
following subclauses (ii) through (vi) have been satisfied (which certificate shall include supporting calculations demonstrating compliance, if applicable, with the Maximum Senior Secured Net Leverage Requirement), (ii) before and
after giving effect to such Facility Commitment Increase or New Term Facility, as the case may be, the representations and warranties contained in Article V and the other Loan Documents shall be true and correct in all material respects on
and as of the Incremental Effective Date, except to the extent that such representations and warranties specifically refer to an 

  
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earlier date, in which case they are true and correct as of such earlier date, and except that for purposes of this Section 2.12, the representations and warranties contained in
subsections (a) and (b) of Section 5.05 shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 6.01 (or, in the case of a Facility Commitment
Increase or New Term Facility incurred to finance a Limited Condition Acquisition, the condition set forth in this clause (ii) shall be limited to the Specified Representations (and not any other representations or warranties) (conformed as
necessary for such acquisition), (iii) at the time of and immediately after giving effect to such Facility Commitment Increase or New Term Facility, as the case may be, no Default or Event of Default shall have occurred and be continuing (or in
the case of a Facility Commitment Increase or New Term Facility incurred to finance a Limited Condition Acquisition, no Default or Event of Default shall have occurred and be continuing as of the date the definitive agreements for such Limited
Condition Acquisition are entered into and no Event of Default specified in Section 8.01(a) or (f) shall have occurred and be continuing as of the date such Limited Condition Acquisition is consummated), (iv) in the case
of any New Term Facility, (A) such New Term Facility shall have a final maturity no earlier than the then latest maturity date for, and the Weighted Average Life to Maturity of such New Term Facility shall be no shorter than that of, any Loan
under the Facility or any previously established New Term Facility that will be outstanding immediately after giving effect to such New Term Facility and (B) except with respect to all-in yield and as set forth in subclause (A) above with
respect to final maturity and Weighted Average Life to Maturity, or otherwise as shall be reasonably satisfactory to the Administrative Agent, any such New Term Facility shall have the same terms as the Facility and shall be established pursuant to
a joinder agreement to this Agreement in form and substance reasonably satisfactory to the Borrower and the Administrative Agent, (v) to the extent reasonably requested by the Administrative Agent, the Administrative Agent shall have received
legal opinions, resolutions, officers’ certificates and/or reaffirmation agreements consistent with those delivered on the Closing Date evidencing the approval of such Facility Commitment Increase or New Term Facility, as the case may be, by
each Loan Party and (vi) as of the Incremental Effective Date all fees and expenses owing in respect of such Facility Commitment Increase or New Term Facility, as the case may be, to the Administrative Agent and the Lenders shall have been
paid. 
 (e) Other Matters. In the case of a Facility Commitment Increase, the additional Loans made in connection therewith shall be made by the
applicable Lenders participating therein pursuant to the procedures set forth in Sections 2.01 and 2.02 and on the date of the making of such new Loans, and notwithstanding anything to the contrary set forth in Sections 2.01 and
2.02, such new Loans shall be added to (and form part of) each Borrowing of outstanding Loans under the Facility on a pro rata basis (based on the relative sizes of the various outstanding Borrowings), so that each Lender under
the Facility will participate proportionately in each then outstanding Borrowing of Loans under the Facility. In the case of a New Term Facility, (i) such New Term Facility shall rank pari passu in right of payment, have the same
guarantees as, and be secured on an equal and ratable basis with, the Facility by the same Collateral that secures the Facility, (ii) such New Term Facility shall share ratably in any prepayments of the Loans pursuant to
Section 2.03 (except in the case of a prepayment arising from the incurrence of 

  
 49 

 
Specified Refinancing Debt, which shall be applied as specified in Section 2.14) and (iii) the all-in yield whether in the form of interest rate margins, original issue discount,
upfront fees, or Eurodollar Rate, Base Rate or other similar floors (but not arrangement or underwriting fees paid to arrangers for their own account), and equating original issue discount and upfront fees to interest rate for purposes of this
calculation, assuming a four-year life to maturity (or, if shorter, the actual stated life to maturity of the New Term Facility)) applicable to such New Term Facility shall be determined by the Borrower and the Lenders providing such New Term
Facility and shall not be more than 50 basis points higher than the corresponding all-in yield (giving effect to interest rate margins, original issue discount, upfront fees and Eurodollar Rate and Base Rate floors) for the Facility, unless the
all-in yield with respect to the Facility is increased by an amount equal to the difference between the all-in yield with respect to such New Term Facility and the corresponding all-in yield on the Facility, minus 50 basis points. 

(f) Conflicting Provisions. This Section shall supersede any provisions in Section 2.11 or 10.01 to the contrary. 

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

(i) Waivers and Amendments. That Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect
to this Agreement shall be restricted as set forth in Section 10.01. 
 (ii) Reallocation of Payments. Any payment of
principal, interest, fees or other amounts received by the Administrative Agent for the account of that Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise, and including any amounts made
available to the Administrative Agent by that Defaulting Lender pursuant to Section 10.08), shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts
owing by that Defaulting Lender to the Administrative Agent hereunder; second, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which that Defaulting Lender has failed to
fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; third, if so determined by the Administrative Agent and the Borrower, to be held in a non-interest bearing deposit account and released in
order to satisfy obligations, if any, of that Defaulting Lender to fund Loans under this Agreement; fourth, to the payment of any amounts owing to the Lenders as a result of any judgment of a court of competent jurisdiction obtained by any
Lender against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement; fifth, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as
a result of any judgment of a court of competent jurisdiction obtained by the Borrower against that Defaulting Lender as 

  
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a result of that Defaulting Lender’s breach of its obligations under this Agreement; and sixth, to that Defaulting Lender or as otherwise directed by a court of competent
jurisdiction; provided that if such payment is a payment of the principal amount of any Loans in respect of which that Defaulting Lender has not fully funded its appropriate share, such payment shall be applied solely to pay the Loans of all
non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of that Defaulting Lender. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed
by a Defaulting Lender pursuant to this Section 2.13(a)(ii) shall be deemed paid to and redirected by that Defaulting Lender, and each Lender irrevocably consents hereto. 

(b) Defaulting Lender Cure. If the Borrower and the Administrative Agent agree in writing in their sole discretion that a Defaulting Lender should no
longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein, that Lender will, to the extent
applicable, purchase that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Loans under the Facility and any New Term Facility to be held on a pro rata
basis by the Lenders participating in such Facility in accordance with their Applicable Percentages thereof, whereupon that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to
payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to
Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 
 2.14
Specified Refinancing Debt. (a) The Borrower may, from time to time, and subject to the consent of the Administrative Agent, add one or more new term loan facilities to this Agreement (“Specified Refinancing Debt”) pursuant
to procedures reasonably specified by the Administrative Agent and reasonably acceptable to the Borrower, to refinance all or any portion of the Loans or New Term Loans of any tranche then outstanding under this Agreement pursuant to a Refinancing
Amendment; provided that such Specified Refinancing Debt: (i) shall rank pari passu in right of payment with the other Loans and New Term Loans hereunder; (ii) will not be Guaranteed by any Person that is not a
Guarantor; (iii) will be unsecured or secured by the Collateral on an equal and ratable basis with the Obligations (or on a second-lien basis pursuant to intercreditor arrangements reasonably satisfactory to the Administrative Agent);
(iv) will have such pricing and optional prepayment terms as may be agreed by the Borrower and the applicable Lenders thereof; (v) will have a maturity date that is not prior to the date that is 91 days after the scheduled maturity date
of, and will have a Weighted Average Life to Maturity that is not shorter than 91 days longer than the Weighted Average Life to  

  
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Maturity of, the Loans or New Term Loans being refinanced (provided that, notwithstanding the foregoing, if such Specified Refinancing Debt is secured by the Collateral on an equal and
ratable basis with the Obligations, it will have a maturity date that is not prior to the maturity date of, and will have a Weighted Average Life to Maturity that is not shorter than the Weighted Average Life to Maturity of, the Loans or New Term
Loans being refinanced); (vi) subject to clauses (iv) and (v) above, will have terms and conditions that are substantially identical to, or less favorable to the Lenders providing such Specified Refinancing Debt than, the terms and
conditions of the Loans or New Term Loans being refinanced; and (vii) the Net Cash Proceeds of such Specified Refinancing Debt shall be applied, substantially concurrently with the incurrence thereof, to the pro rata prepayment of
outstanding Loans or New Term Loans being so refinanced pursuant to Section 2.03; provided, however, that such Specified Refinancing Debt shall not have a principal amount (or accreted value) greater than the Loans or New
Term Loans being refinanced (excluding any such principal issued or incurred to provide funds for the payment of accrued interest, fees, discounts, premiums or expenses payable in connection with the relevant prepayment). 

(b) The Borrower shall make any request for Specified Refinancing Debt pursuant to a written notice to the Administrative Agent specifying in reasonable
detail the proposed terms thereof. To achieve the full amount of a requested issuance of Specified Refinancing Debt, and subject to the approval of the Administrative Agent, the Borrower may request existing Lenders to provide such Specified
Refinancing Debt and/or also invite additional Eligible Assignees to become Lenders in respect of such Specified Refinancing Debt pursuant to a joinder agreement to this Agreement in form and substance reasonably satisfactory to the Administrative
Agent. 
 (c) The effectiveness of any Refinancing Amendment shall be subject to (i) the satisfaction on the date thereof of each of the conditions set
forth in Section 4.01(a), (b), (e) and, to the extent reasonably requested by the Administrative Agent, receipt by the Administrative Agent of legal opinions, board resolutions, officers’ certificates and/or
reaffirmation agreements, including any supplements or amendments to the Collateral Documents providing for such Specified Refinancing Debt to be secured thereby, consistent with those delivered on the Closing Date under Section 4.01 and
(ii) immediately before and immediately after giving effect to such Refinancing Amendment, no Default or Event of Default shall have occurred and be continuing. The Lenders hereby authorize the Administrative Agent, without the consent of any
Person other than the Borrower and the Lenders providing such Specified Refinancing Debt, to enter into amendments to this Agreement and the other Loan Documents with the Borrower as may be necessary or appropriate in order to establish new tranches
of Specified Refinancing Debt and to make such technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of such new tranches, in each case on
terms consistent with this Section 2.14. 
 (d) Each class of Specified Refinancing Debt incurred under this Section 2.14 shall be
in an aggregate principal amount that is not less than $15,000,000. 
 (e) Each of the parties hereto hereby agrees that, upon the effectiveness of any
Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Specified Refinancing Debt incurred pursuant thereto (including the addition of such Specified

  
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Refinancing Debt as separate “Facilities” hereunder and treated in a manner consistent with the Facility, including for purposes of prepayments and voting). 

ARTICLE III. 
 TAXES,
YIELD PROTECTION AND ILLEGALITY 
 3.01 Taxes. 
 (a)
Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. 
 (i) Any and all payments by or on account of any
obligation of the Borrower hereunder or under any other Loan Document shall to the extent permitted by applicable Laws be made free and clear of and without reduction or withholding for any Taxes. If, however, applicable Laws require the Borrower or
the Administrative Agent to withhold or deduct any Tax, such Tax shall be withheld or deducted in accordance with such Laws as determined by the Borrower or the Administrative Agent, as the case may be, upon the basis of the information and
documentation to be delivered pursuant to subsection (e) below. 
 (ii) If the Borrower or the Administrative Agent shall be required by
any applicable law to withhold or deduct any Taxes from any payment, then (A) the Borrower or the Administrative Agent shall withhold or make such deductions as are determined by the Borrower or the Administrative Agent to be required based
upon the information and documentation it has received pursuant to subsection (e) below, (B) the Borrower or the Administrative Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in
accordance with the Code and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the Borrower shall be increased as necessary so that after any required withholding or the making of
all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent or Lender, as the case may be, receives an amount equal to the sum it would have received had no such withholding or
deduction been made. 
 (b) Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall
timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable Laws, or at the option of the Administrative Agent timely reimburse it for Other Taxes. 

(c) Tax Indemnifications. 
 (i) Without
limiting the provisions of subsection (a) or (b) above, the Borrower shall, and does hereby, indemnify the Administrative Agent and each Lender, and shall make payment in respect thereof within 10 days after demand therefor, for the full
amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) withheld or deducted by the Borrower or the Administrative Agent or paid by the Administrative Agent or such
Lender, as the case may be, and any penalties, 

  
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interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental
Authority. A certificate as to the amount of any such payment or liability delivered to the Borrower by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be
conclusive absent manifest error. 
 (ii) Without limiting the provisions of subsection (a) or (b) above, each Lender shall
severally indemnify the Administrative Agent, within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has not already indemnified the Administrative Agent for
such Indemnified Taxes and without limiting the obligation of the Borrower to do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 10.06(d) relating to the maintenance of a
Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with
respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be
conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative Agent to the Lender
from any other source against any amount due to the Administrative Agent under this paragraph (ii). 
 (d) Evidence of Payments. Upon request by the
Borrower or the Administrative Agent, as the case may be, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental Authority as provided in this Section 3.01, the Borrower shall deliver to the
Administrative Agent or the Administrative Agent shall deliver to the Borrower, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by Laws to
report such payment or other evidence of such payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be. 
 (e)
Status of Lenders; Tax Documentation. (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower and the Administrative Agent,
at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made
without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the
Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in
the preceding two 

  
 54 

 
sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 3.01 (ii)(A), (ii)(B), (ii)(C) and (iii) below) shall not
be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.

 (ii) Without limiting the generality of the foregoing, if the Borrower is resident for tax purposes in the United States, 

(A) any Lender that is a “United States person” within the meaning of Section 7701(a)(30) of the Code shall deliver to the
Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent) executed originals of IRS Form
W-9 or such other documentation or information prescribed by applicable Laws or reasonably requested by the Borrower or the Administrative Agent, in each case, certifying that such Lender is exempt from U.S. federal backup withholding tax; and 

(B) each Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such
number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent),
whichever of the following is applicable: 
 (I) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the
United States is a party (x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest”
article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax
pursuant to the “business profits” or “other income” article of such tax treaty, 
 (II) executed originals of IRS Form
W-8ECI, 
 (III) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit L-1 to the effect that such Foreign Lender is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code,
(B) a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S.
Tax  

  
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Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN (or any successor form); or 

(IV) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form W-8ECI, IRS
Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit L-2 or Exhibit L-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign
Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit
L-4 on behalf of each such direct and indirect partner 
 (V) executed originals of any other form prescribed by applicable Laws as a
basis for claiming exemption from or a reduction in U.S. federal withholding Tax together with such supplementary documentation as may be prescribed by applicable Laws to permit the Borrower or the Administrative Agent to determine the withholding
or deduction required to be made. 
 (C) if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding
Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and
the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as prescribed by
Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (C), “FATCA” shall include any
amendments made to FATCA after the date of this Agreement. 
 (iii) So long as the Administrative Agent is Credit Suisse AG, the
Administrative Agent shall deliver to the Borrower, on or prior to the date hereof, such documentation prescribed by applicable law and such additional documentation reasonably requested by the Borrower certifying that the Borrower can make payments
to the Administrative Agent under the Loan Documents without deduction or withholding of any United States federal income tax under Section 1441 of the Code. 

  
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 (iv) Each Lender (A) shall promptly notify the Borrower and the Administrative Agent of any
change in circumstances which would modify or render invalid any claimed exemption or reduction and (B) agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall update
such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so. 
 (f) Treatment of
Certain Refunds. Unless required by applicable Laws, at no time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender, or have any obligation to pay to any Lender, any refund of Taxes withheld
or deducted from funds paid for the account of such Lender. If the Administrative Agent or any Lender determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes or Other Taxes as to which it has been
indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional
amounts paid, by the Borrower under this Section with respect to Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by the Administrative Agent or such Lender, and without interest (other
than any interest paid by the relevant Governmental Authority with respect to such refund), provided that the Borrower, upon the request of the Administrative Agent or such Lender, agrees to repay the amount paid over to the Borrower (plus
any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such Governmental Authority.
Notwithstanding anything to the contrary in this paragraph (f), in no event will the Administrative Agent or any Lender be required to pay any amount to the Borrower pursuant to this paragraph (f) the payment of which would place the
Administrative Agent or any Lender in a less favorable net after-Tax position than the Administrative Agent or any Lender would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or
otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This paragraph (f) shall not be construed to require the Administrative Agent or any Lender to make available its tax returns
(or any other information relating to its taxes that it deems confidential) to the Borrower or any other Person. 
 (g) Defined Terms. For purposes
of this Section 3.01, the term “applicable law” includes FATCA. 
 3.02 Illegality. If any Lender determines that any Law has
made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurodollar Rate, or to determine
or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on
notice thereof by such Lender to the Borrower through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar  

  
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Rate Loans or to convert Base Rate Loans to Eurodollar Rate Loans shall be suspended, and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the
interest rate on which is determined by reference to the Eurodollar Rate component of the Base Rate, the interest rate on Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without
reference to the Eurodollar Rate component of the Base Rate, in each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice,
(x) the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid
such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), in each case, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain
such Eurodollar Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based
upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative is advised in writing
by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or
converted. 
 3.03 Inability to Determine Rates. If the Required Lenders determine that for any reason in connection with any request for a
Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar Rate Loan, or in
connection with an existing or proposed Base Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or (c) the
Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and
each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate
component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon
receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base
Rate Loans in the amount specified therein. 
 3.04 Increased Costs; Reserves on Eurodollar Rate Loans. 

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

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of,
deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement contemplated by Section 3.04(e)); 

(ii) subject any Lender or the Administrative Agent to any Tax (other than (A) Indemnified Taxes, (B) Taxes described in clauses
(b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or

 (iii) impose on any Lender or the London interbank market any other condition, cost or expense affecting this Agreement or Eurodollar Rate
Loans made by such Lender; 
 and the result of any of the foregoing shall be to increase the cost to such Lender or the Administrative Agent of making or
maintaining any Loan the interest on which is determined by reference to the Eurodollar Rate (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or the Administrative
Agent hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or the Administrative Agent, the Borrower will pay to such Lender or the Administrative Agent such additional amount or amounts as will compensate
such Lender or the Administrative Agent for such additional costs incurred or reduction suffered. 
 (b) Capital Requirements. If any Lender
determines that any Change in Law affecting such Lender or any Lending Office of such Lender or such Lender’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such
Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of this Agreement or the Loans made by such Lender to a level below that which such Lender or such Lender’s holding company could have
achieved but for such Change in Law (taking into consideration such Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender such
additional amount or amounts as will compensate such Lender or such Lender’s holding company for any such reduction suffered. 
 (c) Certificates
for Reimbursement. A certificate of a Lender setting forth the amount or amounts necessary to compensate such Lender or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the
Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof. 

(d) Delay in Requests. Failure or delay on the part of any Lender to demand compensation pursuant to the foregoing provisions of this Section shall not
constitute a 

  
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waiver of such Lender’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender pursuant to the foregoing provisions of this Section
for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s intention to
claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof).

 (e) Reserves on Eurodollar Rate Loans. The Borrower shall pay to each Lender additional interest on the unpaid principal amount of each Eurodollar
Rate Loan equal to, with respect to any day, (a)(i) the Eurodollar Base Rate applicable to such Loan on such day divided by (ii) 1.00 minus the reserve percentage (expressed as a decimal, carried out to five decimal places) in
effect for such day, whether or not applicable to such Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental, marginal or other reserve requirement) with
respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”) minus (b) the Eurodollar Base Rate applicable to such Loan on such date. Any such
additional interest shall be due and payable on each date on which interest is payable on such Loan; provided the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional
interest from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice. 

(f) Dodd-Frank and Basel III. For purposes of this Section 3.04, the Dodd-Frank Wall Street Reform and Consumer Protection Act and all
requests, rules, regulations, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines, requirements and directives promulgated by the Bank for International Settlements, the Basel Committee
on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall, in each case, be deemed to have gone into effect after the date hereof, regardless of
the date enacted, adopted or issued. 
 3.05 Compensation for Losses. Upon demand of any Lender (with a copy to the Administrative Agent) from time
to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for
such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 
 (b) any failure by the Borrower (for a reason other than
the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or 

  
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 (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as
a result of a request by the Borrower pursuant to Section 10.13; 
 including any loss or expense arising from the liquidation or reemployment
of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing.

 For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have
funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar
Rate Loan was in fact so funded. 
 3.06 Mitigation Obligations; Replacement of Lenders. 

(a) Designation of a Different Lending Office. If any Lender requests compensation under Section 3.04, or the Borrower is required to pay
any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender gives a notice pursuant to Section 3.02, then such Lender shall, as applicable, use
reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such
designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as
applicable, and (ii) in each case, would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any
Lender in connection with any such designation or assignment. 
 (b) Replacement of Lenders. If (i) any Lender requests compensation under
Sections 3.01 or 3.04, (ii) the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, (iii) any Lender is a
Defaulting Lender hereunder or (iv) any Lender becomes a “Non-Consenting Lender” (as defined below), the Borrower may replace such Lender in accordance with Section 10.13. 

(c) Non-Consenting Lender. In the event that (i) the Borrower or the Administrative Agent has requested the Lenders to consent to a departure or
waiver of any provisions of any Loan Document or to agree to any amendment or other modification thereto, (ii) the consent, waiver, amendment or modification in question requires the agreement of all Lenders or all affected Lenders in
accordance with the terms of Section 10.01 or all the Lenders with respect to a certain tranche of the Loans and (iii) the Required Lenders have agreed to such waiver, amendment or modification, then any Lender who does not agree to
such waiver, amendment or modification shall be deemed a “Non-Consenting Lender”. 

  
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 3.07 Survival. All of the Borrower’s obligations under this Article III shall survive
termination of the Aggregate Commitments, repayment of all other Obligations hereunder and resignation of the Administrative Agent. 

ARTICLE IV. 
 CONDITIONS
PRECEDENT 
 4.01 Conditions Precedent. The obligations of the Lenders to make the Loans hereunder on the Closing Date are subject to the
satisfaction of the following conditions precedent: 
 (a) The Administrative Agent shall have received a written Committed Loan Notice requesting
the Borrowing to be made on the Closing Date as required by Section 2.02. 
 (b) (i) The representations and warranties set forth in
Article V and in each other Loan Document shall be true and correct in all material respects (and in all respects, if any such representation or warranty is already qualified by materiality) on and as of the Closing Date, except to the
extent such representations and warranties expressly relate to an earlier date (in which case they shall be true and correct in all material respects (and in all respects if any such representation or warranty is already qualified by materiality) as
of such earlier date) and (ii) at the time of and immediately after the Borrowing to be made on the Closing Date, no Default or Event of Default shall exist, or would result from such Borrowing or from the application of the proceeds therefrom.

 (c) The Administrative Agent shall have received, on behalf of itself and the Lenders, a favorable written opinion of (i) Winston & Strawn
LLP, counsel for the Borrower, substantially to the effect set forth in Exhibit I-1, and (ii) each local counsel listed on Schedule 4.01(c), substantially to the effect set forth in Exhibit I-2, in each case (A) dated
the Closing Date, (B) addressed to the Administrative Agent and the Lenders and (C) covering such other matters relating to the Loan Documents as the Administrative Agent shall reasonably request, and the Borrower hereby requests such
counsel to deliver such opinions. 
 (d) The Administrative Agent shall have received (i) a copy of the certificate, articles of incorporation,
partnership agreement or other constitutive document, including all amendments thereto, of each Loan Party, certified as of a recent date by the Secretary of State of the state of its organization, and a certificate as to the good standing of each
Loan Party as of a recent date, from such Secretary of State; (ii) a certificate of a Responsible Officer of each Loan Party dated the Closing Date and certifying, to the extent applicable to such Loan Party, (A) that attached thereto is a
true and complete copy of the by-laws, operating agreement or other similar Organization Document of such Loan Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B)
below, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the Board of Directors, partners or other applicable authorizing body, as applicable, of such Loan Party authorizing the execution, delivery and
performance of the Loan Documents to which such Person is a party and, in the case of the Borrower, the Borrowings hereunder, and that such resolutions have not been 

  
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modified, rescinded or amended and are in full force and effect, (C) that the certificate, articles of incorporation, partnership agreement or other constitutive document of such Loan Party
have not been amended since the date of the last amendment thereto shown on the certificate of good standing furnished pursuant to clause (i) above and (D) as to the incumbency and specimen signature of each officer executing any Loan
Document or any other document delivered in connection herewith on behalf of such Loan Party; and (iii) a certificate of another officer as to the incumbency and specimen signature of the Responsible Officer executing the certificate pursuant
to clause (ii) above. 
 (e) The Administrative Agent shall have received a certificate, dated the Closing Date and signed by a Responsible Officer of
the Borrower, confirming compliance with the conditions precedent set forth in paragraph (b) of this Section 4.01. 
 (f) The
Administrative Agent shall have received all Administrative Agent Fees and the Administrative Agent and the Arrangers shall have received all other amounts due and payable under the Engagement Letter or any other Loan Document on or prior to the
Closing Date, including, to the extent invoiced, reimbursement or payment of all out-of-pocket expenses (including legal fees and expenses) required to be reimbursed or
paid by the Borrower thereunder or under any other Loan Document. 
 (g) The Collateral Agent on behalf of the Secured Parties shall have a security
interest in the Collateral (other than the material owned and leased real properties listed on Schedule 6.15) of the type and priority described in each Collateral Document. 

(h) Without limiting the generality of paragraph (g) of this Section 4.01, to the extent required pursuant to the applicable Collateral
Document, the Collateral Agent shall have received (i) original stock certificates or other certificates evidencing the capital stock or other ownership interests pledged pursuant to the Collateral Documents, together with an undated stock
power for each such certificate duly executed in blank by the registered owner thereof and such other documents reasonably required by the Administrative Agent to perfect the security interest created under the applicable Collateral Documents,
(ii) each original promissory note pledged pursuant to the Collateral Documents and a Master Intercompany Note duly executed by the parties thereto, (iii) copies of proper financing statements, filed or duly prepared for filing under the
Uniform Commercial Code in all jurisdictions that the Administrative Agent may deem reasonably necessary in order to perfect and protect the Liens on assets of each of the Borrower and the other Guarantors created under the Collateral Agreement,
covering the Collateral described in the Collateral Agreement and (iv) any other documents, notations, recordings or instruments reasonably requested by the Administrative Agent in connection with the pledge of Collateral pursuant to the
Collateral Documents. 
 (i) The Collateral Agent shall have received (i) a perfection certificate with respect to the Loan Parties dated the Closing
Date and duly executed by a Responsible Officer of the Borrower, (ii) the results of Lien searches (including searches as to judgments, pending litigation, bankruptcy and tax matters) made against the Borrower and each other Loan Party under
the Uniform Commercial Code (or applicable judicial docket) as in effect in its jurisdiction of organization or formation and each other jurisdiction that the 

  
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Administrative Agent may reasonably request, in each case accompanied by evidence satisfactory to the Collateral Agent that the Liens indicated in any such search results would be permitted under
Section 7.01 or have been or will be substantially simultaneously with the initial Borrowing hereunder released or terminated and (iii) the results of a search (in scope and substance satisfactory to the Administrative Agent) made
against the Borrower and each other Loan Party at the United States Patent and Trademark Office and the United States Copyright Office, accompanied by evidence satisfactory to the Collateral Agent that the Liens indicated in any such search results
would be permitted under Section 7.01 or have been or will be substantially simultaneously with the initial Borrowing hereunder released or terminated. 

(j) The Administrative Agent shall have received a certificate as to coverage under, the insurance policies required by Section 6.07 and the
applicable provisions of the Collateral Documents, each of which shall be endorsed or otherwise amended to include a customary lender’s loss payable endorsement and to name the Collateral Agent as additional insured, in form and substance
reasonably satisfactory to the Administrative Agent. 
 (k) The Revolving Credit Agreement shall have been, or substantially simultaneously with the initial
Borrowing hereunder shall be, executed and delivered, and the revolving credit commitments thereunder shall have become, or substantially simultaneously with the initial Borrowing hereunder shall become, effective in accordance with its terms, which
terms shall be reasonably satisfactory to the Administrative Agent. The Administrative Agent shall have received copies of the Revolving Credit Agreement and the principal related collateral documents, certified by a Responsible Officer of the
Borrower as being complete and correct. 
 (l) The Indenture shall have been, or substantially simultaneously with the initial Borrowing hereunder shall be,
executed and delivered and otherwise effective in accordance with its terms, which terms shall be reasonably satisfactory to the Administrative Agent. The Borrower shall have received the net proceeds of the Notes Issuance. 

(m) All requisite Governmental Authorities and, except where the absence of such approval or consent could not reasonably be expected to result in a Material
Adverse Effect, third parties shall have approved or consented to the Transactions and the other transactions contemplated hereby to the extent required, and there shall not be any pending or threatened litigation, governmental, administrative or
judicial action that could reasonably be expected to restrain, prevent or impose burdensome conditions on the Transactions or the other transactions contemplated hereby. 

(n) The Administrative Agent shall have received evidence that the Existing Credit Facilities have been, or substantially simultaneously with the initial
Borrowing hereunder, will be, terminated, all amounts owing thereunder will be repaid and all Liens and Guarantees of the Loan Parties in respect of obligations under the Existing Credit Facilities shall have been, or substantially simultaneously
with the initial Borrowing hereunder, will be released (including UCC-3 termination statements). 

  
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 (o) The Administrative Agent shall have received a solvency certificate from a Responsible Officer of the
Borrower substantially in the form attached hereto as Exhibit J. 
 (p) The Administrative Agent shall have received duly executed counterparts
of (i) this Agreement from the Borrower, (ii) the Guaranty from each Guarantor, (iii) any Notes in favor of any Lender requesting a Note from the Borrower, (iv) the Collateral Agreement and the IP Security Agreements from the
Borrower and the relevant Guarantors and (v) the Intercreditor Agreement from each party thereto (other than the Administrative Agent). 
 (q) The
Lenders shall have received at least three Business Days prior to the Closing Date, to the extent requested at least 10 Business Days in advance of the Closing Date, all documentation and other information required by regulatory authorities under
applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act. 
 (r) The Administrative Agent shall
have received evidence that that certain Corporate Guaranty and Negative Pledge Agreement, dated as of December 1, 2010, among GE Government Finance, Inc. and Borrower has been amended, restated, supplemented or otherwise modified (including by
any waiver or consent) with respect to the negative pledge contained therein, in form and substance reasonably satisfactory to the Administrative Agent. 

Without limiting the generality of the provisions of Section 9.03, for purposes of determining compliance with the conditions specified in this
Section 4.01, each Lender as of the Closing Date shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required hereunder to be consented to or approved by or acceptable or
satisfactory to a Lender unless the Administrative Agent shall have received written notice from such Lender prior to the Closing Date specifying its objection thereto. 

ARTICLE V. 

REPRESENTATIONS AND WARRANTIES 
 The
Borrower represents and warrants to the Administrative Agent and the Lenders that: 
 5.01 Existence, Qualification and Power. Each Loan Party and
each Subsidiary thereof (a) is duly organized or formed, validly existing and, as applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite power and authority and all
requisite governmental licenses, authorizations, consents and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party and
(c) is duly qualified and is licensed and, as applicable, in good standing under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license; except
in each case referred to in clause  

  
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(b)(i) or (c), to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect. 

5.02 Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to which such Person is party
have been duly authorized by all necessary corporate or other organizational action, and do not and will not (a) contravene the terms of any of such Person’s Organization Documents; (b) conflict with or result in any breach or
contravention of, or the creation of any Lien under, or require any payment to be made under (i) any contract to which such Person is a party or affecting such Person or the properties of such Person or any of its Subsidiaries or (ii) any
order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; or (c) violate any Law; in each case (other than clauses (a) and (b)(ii)) except to the extent such
conflict, breach, contravention or Lien could not reasonably be expected to have a Material Adverse Effect. 
 5.03 Governmental Authorization;
Other Consents. No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with (a) the execution, delivery or
performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document or for the consummation of the Transactions, (b) the grant by any Loan Party of the Liens granted by it pursuant to the Collateral Documents,
(c) the perfection or maintenance of the Liens created under the Collateral Documents (including the priority thereof required by the Loan Documents) (except for customary filings and registrations necessary to perfect the Liens on the
Collateral granted by the Loan Parties, including filings in the United States Patent and Trademark Office) or (d) other than pursuant to applicable Law in connection with the exercise of remedies with respect to the Collateral, the exercise by
the Administrative Agent or any Lender of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant to the Collateral Documents. 

5.04 Binding Effect. This Agreement has been, and each other Loan Document, when delivered hereunder, will have been, duly executed and delivered by
each Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document when so delivered will constitute, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in
accordance with its terms, except as may be limited by bankruptcy, reorganization, insolvency, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability. 

5.05 Financial Statements; No Material Adverse Effect. 

(a) The Audited Financial Statements of the Borrower (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby,
except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby in
accordance with GAAP consistently applied 

  
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throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material Indebtedness and other liabilities, direct or contingent, of the Borrower and
its Subsidiaries as of the date thereof, including liabilities for taxes, material commitments and Indebtedness to the extent required by GAAP. 
 (b) The
unaudited consolidated balance sheet of the Borrower and its Subsidiaries dated October 31, 2013, and the related consolidated statements of income or operations, stockholders’ equity and cash flows for the fiscal quarter ended on that
date (i) were each prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein and (ii) fairly present in all material respects the financial condition of the
Borrower and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. 

(c) Except as set forth on Schedule 5.05, since July 31, 2013, there has been no event or circumstance, either individually or in the aggregate,
that has had or could reasonably be expected to have a Material Adverse Effect. 
 (d) The Initial Financial Projections were prepared in good faith on the
basis of the assumptions stated therein, which assumptions the Borrower believed to be reasonable at the time of delivery of such forecasts. 
 5.06
Litigation. Except as set forth on Schedule 5.06, there are no actions, suits, proceedings, claims, investigations or disputes pending or, to the knowledge of the Borrower after due and diligent investigation, threatened or contemplated,
at law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or any of its Subsidiaries or against any of their properties or revenues that (a) purport to affect or pertain to this Agreement or any other
Loan Document, or the consummation of the Transactions or (b) either individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. 

5.07 No Default. Neither any Loan Party nor any Subsidiary thereof is in default under or with respect to any Contractual Obligation that could, either
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan
Document. 
 5.08 Ownership of Property; Liens. 
 (a)
Each of the Borrower and each Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could
not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (b) Schedule 5.08(b) sets forth a complete and
accurate list of all Liens on the material property or assets of each Loan Party and each of its Domestic Subsidiaries as of the date hereof (after giving effect to the termination of the Liens in favor of the Existing Credit Facilities), showing as
of the date hereof the lienholder thereof, the principal amount of 

  
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the obligations secured thereby (except if the principal amount of such obligations is less than $100,000) and the property or assets of such Loan Party or such Domestic Subsidiary subject
thereto. The material property of each Loan Party and each of its Domestic Subsidiaries is subject to no Liens, other than Liens set forth on Schedule 5.08(b), and as otherwise permitted by Section 7.01. 

(c) Schedule 5.08(c) sets forth a complete and accurate list of all real property owned by each Loan Party and each of its Domestic Subsidiaries as of
the date hereof, showing as of the date hereof the street address, county or other relevant jurisdiction, state and record owner. Each Loan Party and each of its Domestic Subsidiaries has good, marketable and insurable fee simple title to the real
property owned by such Loan Party or such Domestic Subsidiary, free and clear of all Liens, other than Liens created or permitted by the Loan Documents. 

(d) Schedule 5.08(d) sets forth a complete and accurate list as of the date hereof of all leases of real property under which any Loan Party or any
Domestic Subsidiary of a Loan Party is the lessee, showing as of the date hereof the street address, county or other relevant jurisdiction, state, lessor, lessee and expiration date thereof. 

(e) Schedule 5.08(e) sets forth a complete and accurate list of all leases of real property under which any Loan Party or any Domestic Subsidiary of a
Loan Party is the lessor, showing as of the date hereof the street address, county or other relevant jurisdiction, state, lessor, lessee, expiration date and annual rental cost thereof. Each such lease is the legal, valid and binding obligation of
the lessee thereof, enforceable in accordance with its terms. 
 (f) Schedule 5.08(f) sets forth a complete and accurate list of all material
Investments held by any Loan Party or any Domestic Subsidiary of a Loan Party on the date hereof, showing as of the date hereof the amount and obligor thereof. 

5.09 Environmental Compliance. 
 (a) The Borrower and its
Subsidiaries conduct in the ordinary course of business a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on their respective businesses, operations
and properties, and as a result thereof the Borrower has reasonably concluded that such Environmental Laws and claims could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(b) Except as could not reasonably be expected to have a Material Adverse Effect, there are no and never have been any underground or above-ground storage
tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials are being or have been treated, stored or disposed on any property currently owned or operated by any Loan Party or any of its Subsidiaries or, to
the best of the knowledge of the Loan Parties, on any property formerly owned or operated by any Loan Party or any of its Subsidiaries. 

  
 
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 (c) Each of the Loan Parties is in compliance with all Environmental Laws, except where non-compliance could not,
either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (d) All Hazardous Materials generated, used, treated,
handled or stored at, or transported to or from, any property currently or formerly owned or operated by any Loan Party or any of its Subsidiaries have been generated, used, treated, handled, stored, transformed and disposed of in compliance with
Environmental Laws, except where non-compliance, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 

(e) Except with respect to any other matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect,
neither the Borrower nor any of its Subsidiaries has become subject to any Environmental Liability or has received notice of any claim with respect to, or knows of any basis for, any Environmental Liability. 

5.10 Insurance. The properties of the Borrower and its Subsidiaries are insured with financially sound and reputable insurance companies that are not
Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the Borrower or the applicable
Subsidiary operates. As of the Closing Date, (i) except as set forth on Schedule 5.10, no Loan Party has received any written notice of, nor has any actual knowledge of, the occurrence, pendency or contemplation of any material casualty
affecting all or any material portion of a Mortgaged Property and (ii) no improved Mortgaged Property is located in an area that has been identified by the Secretary of Housing and Urban Development as an area having special flood hazards
within the meaning of the National Flood Insurance Program unless evidence of flood insurance has been delivered to the Collateral Agent. 
 5.11
Taxes. The Borrower and its Subsidiaries have filed all federal, state, foreign and other material Tax returns and reports required to be filed, and have paid all federal, state, foreign and other material Taxes levied or imposed upon them or
their properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves have been provided in accordance with GAAP. There is
no proposed Tax assessment against the Borrower or any Subsidiary that would, if made, have a Material Adverse Effect. Neither any Loan Party nor any Subsidiary thereof is party to any tax sharing agreement with any Person that is not a Loan Party
or a wholly-owned Subsidiary of a Loan Party. 
 5.12 ERISA Compliance. As of the Closing Date: 

(a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other Federal or state laws, except as would not
be expected to exceed the Threshold Amount. Each Pension Plan that is intended to be a qualified plan under Section 401(a) of the Code has received a favorable determination letter or opinion letter, as applicable, from the Internal Revenue
Service to the effect that the form of such 

  
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Plan is qualified under Section 401(a) of the Code and the trust related thereto has been determined by the Internal Revenue Service to be exempt from federal income tax under
Section 501(a) of the Code, or an application for such a letter is currently being processed by the Internal Revenue Service. To the best knowledge of the Borrower, nothing has occurred that would prevent or cause the loss of such tax-qualified
status. 
 (b) There are no pending or, to the best knowledge of the Borrower, threatened claims, actions or lawsuits, or action by any Governmental
Authority, with respect to any Plan that could reasonably be expected to have a Material Adverse Effect. To the best knowledge of the Borrower, there has been no non-exempt prohibited transaction or violation of the fiduciary responsibility rules
with respect to any Plan that has resulted or could reasonably be expected to result in a Material Adverse Effect. 
 (c) Except as would not be expected to
exceed the Threshold Amount, (i) no ERISA Event has occurred, and the Borrower is not aware of any fact, event or circumstance that could reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan;
(ii) the aggregate unfunded liabilities (determined on the basis of the assumptions and methodology utilized by the borrower and each of its ERISA Affiliates) would not reasonably be expected to result in a Material Adverse Effect; and
(iii) to the best knowledge of the Borrower, neither the Borrower nor any ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or Section 4212(c) of ERISA. 

(d) With respect to a Foreign Pension Plan: 
 (i)
any employer contributions required by applicable law or by the terms of any Foreign Pension Plan have been made, or, if applicable, accrued, in accordance with normal accounting practices; 

(ii) the aggregate unfunded liabilities of any Foreign Pension Plan are not reasonably expected to result in a Material Adverse Effect; and

 (iii) each Foreign Pension Plan required by applicable law to be registered has been registered. 

5.13 Subsidiaries; Equity Interests. As of the Closing Date, the Borrower has no Subsidiaries other than those specifically disclosed in Part
(a) of Schedule 5.13, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the amounts specified on Part (a) of Schedule
5.13 free and clear of all Liens. As of the Closing Date, the Borrower has no equity investments in any other corporation or entity other than (i) those specifically disclosed in Part (b) of Schedule 5.13 and
(ii) investments in Subsidiaries. All of the outstanding Equity Interests in the Borrower have been validly issued and are fully paid and nonassessable. 

  
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 5.14 Margin Regulations; Investment Company Act. 

(a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock
(within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. 
 (b) None of the
Borrower, any Person Controlling the Borrower, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940. 

5.15 Disclosure. No written report, financial statement, certificate or other written information furnished by or on behalf of any Loan Party to the
Administrative Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case, as modified or supplemented by other information
so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that, with respect
to projected financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time of preparation (it being understood that projections are not to be viewed
as facts and that actual results may differ significantly from such projections). 
 5.16 Compliance with Laws. 

(a) Each Loan Party and each Subsidiary thereof is, and after giving effect to any Borrowing and the use of proceeds thereof will be, in compliance in all
material respects with the requirements of (i) all Laws relating to bribery, terrorism or money laundering, including Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001, the PATRIOT Act and the Foreign
Corrupt Practices Act of 1977, as amended from time to time) and (ii) all other Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (x) in the case of clauses
(i) and (ii) above, such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted or (y) in the case of clause (ii) above, the failure to comply
therewith, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 
 (b) None of the Borrower or any
of its Subsidiaries nor, to the knowledge of the Borrower, any director, officer or controlled Affiliate of the Borrower or any of its Subsidiaries is a Person that is, or is owned or controlled by Persons that are: (i) the subject of any
sanctions administered or enforced by the Office of Foreign Assets Control of the U.S. Department of Treasury or the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant
sanctions authority (collectively, “Sanctions”) or (ii) located, organized or resident in a country or territory that is, or whose government is, the subject of Sanctions (including Cuba, Iran, North Korea, Sudan and Syria).

  
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 5.17 Taxpayer Identification Number. The Borrower’s true and correct U.S. taxpayer identification
number is set forth on Schedule 10.02. 
 5.18 Intellectual Property; Licenses, Etc. The Borrower and its Subsidiaries own, or possess the
right to use, all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the
operation of their respective businesses, without conflict with the rights of any other Person, except where the failure to own or possess the right to use any such IP Rights would not reasonably be expected to have a Material Adverse Effect. To the
knowledge of the Borrower, no slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by the Borrower or any Subsidiary infringes upon any rights held by any
other Person, except where such infringement would not reasonably be expected to have a Material Adverse Effect. 
 5.19 Solvency. The Borrower is,
together with its Subsidiaries on a consolidated basis, Solvent. 
 5.20 Collateral Documents. (a) The provisions of the Collateral
Documents (other than the Mortgages) are effective to create in favor of the Collateral Agent for the benefit of the Secured Parties a legal, valid and enforceable first or second priority Lien, as applicable (subject to Liens permitted by
Section 7.01), on all right, title and interest of the respective Loan Parties in the Collateral described therein. Except as contemplated hereby and by the Collateral Documents, no filing or other action will be necessary to perfect or
protect such Liens. 
 (b) The Mortgages, when executed and delivered, will be effective to create in favor of the Collateral Agent for the benefit of the
Secured Parties a legal, valid and enforceable first priority Lien (subject to Liens permitted by Section 7.01) on all of the Loan Parties’ right, title and interest in and to the Mortgaged Property thereunder and the proceeds
thereof, and when the Mortgages are filed, the Mortgages shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Mortgaged Property and the proceeds thereof, in each case prior
and superior in right to any other Person, except as set forth in the Intercreditor Agreement and other than with respect to the rights of Persons pursuant to Liens expressly permitted by Section 7.01. 

5.21 Labor Matters. Except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, there are
no strikes or other labor disputes against any of the Borrower or its Subsidiaries pending or, to the knowledge or the Borrower or its Subsidiaries, threatened. 

5.22 Status of the Facility as Senior Indebtedness. The obligations under the Facility constitute “senior debt”, “senior
indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) under the documentation for all Indebtedness that is subordinated in right of payment
to the Obligations (if applicable). 

  
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 5.23 Inactive Subsidiaries. None of the Inactive Subsidiaries (including, on the date hereof,
Diamond of Europe GmbH, a corporation organized under the laws of the Federal Republic of Germany, Wimbledon Acquisition LLC, a limited liability company organized under the laws of Delaware, and Diamond Foods Brazil Holding LLC, a limited liability
company organized under the laws of Delaware) (a) conducts, transacts or is otherwise engaged in any business, operations or activities or (b) owns any assets or owes any liabilities (other than liabilities under the Loan Documents and
liabilities imposed by Law, including tax liabilities and other liabilities incidental to its existence). 
 ARTICLE VI. 

AFFIRMATIVE COVENANTS 
 So long as any
Lender shall have any Commitment hereunder or any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, the Borrower shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02, and
6.03) cause each Subsidiary to: 
 6.01 Financial Statements. Deliver to the Administrative Agent (for distribution to each Lender), in form
and detail reasonably satisfactory to the Administrative Agent and the Required Lenders: 
 (a) as soon as available, but in any event within 90 days after
the end of each fiscal year of the Borrower, a consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal year, and the related consolidated statements of income or operations, changes in stockholders’ equity,
and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of an
independent certified public accountant of nationally recognized standing reasonably acceptable to the Required Lenders, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to
any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit (other than any such exception or explanatory paragraph, but not a qualification, that is expressly solely with respect
to, or expressly resulting solely from, (A) an upcoming maturity date of any Indebtedness issued under this Agreement or the Revolving Credit Agreement, as applicable, that is scheduled to occur within one year from the time such report and
opinion are delivered or (B) as may be required as a result of a prospective or actual default or event of default with respect to any potential or actual inability to satisfy any financial covenant set forth in Section 8 of the Revolving
Credit Agreement on a future date or in a future period); 
 (b) as soon as available, but in any event within 45 days after the end of each of the first
three fiscal quarters of each fiscal year of the Borrower, a consolidated and consolidating balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, the related consolidated and consolidating statements of income or
operations for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, and the related consolidated and consolidating statements of changes in stockholders’ equity, and cash flows for the portion of the
Borrower’s fiscal year then ended, in each case setting forth 

  
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in comparative form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail, certified by
the chief executive officer, chief financial officer, treasurer or controller of the Borrower as fairly presenting in all material respects the financial condition, results of operations, stockholders’ equity and cash flows of the Borrower and
its Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes; and 
 (c) as soon as available,
but in any event within 90 days after the end of each fiscal year of the Borrower, a monthly budget of the Borrower and its Subsidiaries on a consolidated basis and such division or major brand level revenue and margin information as may be
reasonably requested by the Administrative Agent and available to the Borrower, including forecasts for the remaining term of this Agreement prepared by management of the Borrower, in form satisfactory to the Administrative Agent and the Required
Lenders, of consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a quarterly basis for the immediately following fiscal year (including the fiscal year in which the Maturity Date
occurs, if such fiscal year is the immediately following fiscal year). 
 As to any information contained in materials furnished pursuant to
Section 6.02(c), the Borrower shall not be separately required to furnish such information under clause (a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information
and materials described in clauses (a) and (b) above at the times specified therein. 
 6.02 Certificates; Other Information. Deliver to
the Administrative Agent (for distribution to each Lender), in form and detail reasonably satisfactory to the Administrative Agent and the Required Lenders: 

(a) concurrently with the delivery of the financial statements referred to in Sections 6.01(a) and (b), a duly completed Compliance Certificate
signed by the chief executive officer, chief financial officer, treasurer or controller of the Borrower (which delivery may, unless the Administrative Agent, or a Lender requests executed originals, be by electronic communication including fax or
electronic mail and shall be deemed to be an original authentic counterpart thereof for all purposes). 
 (b) promptly after any request by the
Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of the Borrower by independent accountants in
connection with the accounts or books of the Borrower or any Subsidiary, or any audit of any of them; 
 (c) promptly after the same are available, copies
of each annual report, proxy or financial statement or other report or communication sent to the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or
be required to file with the SEC under Section 13 or 

  
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15(d) of the Securities Exchange Act of 1934, and not otherwise required to be delivered to the Administrative Agent pursuant hereto; and 

(d) promptly, such additional information regarding the business, financial or corporate affairs of the Borrower or any Subsidiary, or compliance with the
terms of the Loan Documents, as the Administrative Agent or any Lender may from time to time reasonably request. 
 Documents required to be delivered
pursuant to Section 6.01(a) or (b) or Section 6.02(c) or (d) or referred to in Section 6.03(d) (to the extent any such documents are included in materials otherwise filed with the SEC) may
be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address
listed on Schedule 10.02; or (ii) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial,
third-party website or whether sponsored by the Administrative Agent); provided that the Borrower shall notify the Administrative Agent (by fax or electronic mail) of the posting of any such documents and provide to the Administrative Agent
by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above. 

The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will make available to the Lenders materials and/or information
provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or another similar electronic system (the “Platform”) and (b) certain of
the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be
engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that (i) all Borrower Materials that are to be made available to Public Lenders shall be clearly and
conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (ii) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to
have authorized the Administrative Agent, the Arrangers and the Lenders to treat such Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States Federal and
state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 10.07); (iii) all Borrower Materials marked “PUBLIC”
are permitted to be made available through a portion of the Platform designated “Public Side Information” (and the Administrative Agent agrees that only Borrower Material marked “PUBLIC” will be made available on such portion of
the Platform); (iv) the Administrative Agent and the Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform that is not designated
“Public Side Information”; and (v) notwithstanding anything herein to the contrary, unless the Borrower otherwise notifies 

  
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the Administrative Agent, all financial statements delivered pursuant to Sections 6.01(a) and 6.01(b), all certificates, reports, statements and other documents and information
delivered pursuant to Section 6.02(a) and 6.02(c) and all notices delivered pursuant to Section 6.03(a) shall be deemed to be suitable for posting on the portion of the Platform designated “Public Side
Information”. 
 6.03 Notices. Promptly notify the Administrative Agent and each Lender: 

(a) of the occurrence of any Default; 
 (b) of any matter that
has resulted or could reasonably be expected to result in a Material Adverse Effect, including (i) breach or non-performance of, or any default under, a Material Contract of the Borrower or any Subsidiary; (ii) any dispute, litigation,
investigation, proceeding or suspension between the Borrower or any Subsidiary and any Governmental Authority; or (iii) any litigation or proceeding affecting the Borrower or any Subsidiary, including pursuant to any applicable Environmental
Laws (in each case to the extent that such event has resulted or could reasonably be expected to result in a Material Adverse Effect); 
 (c) of the
occurrence of any ERISA Event; 
 (d) of any material change in accounting policies or financial reporting practices by the Borrower or any Subsidiary
(which requirement shall be deemed satisfied by the description thereof in a Form 10-K, Form 10-Q or Form 8-K filed with the SEC); and 
 (e) of the
(i) occurrence of any Disposition of property or assets for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.03(b)(ii), (ii) incurrence or issuance of any Indebtedness for which the Borrower
is required to make a mandatory prepayment pursuant to Section 2.03(b)(iii) and (iii) receipt of any Extraordinary Receipt for which the Borrower is required to make a mandatory prepayment pursuant to
Section 2.03(b)(iv). 
 Each notice pursuant to this Section 6.03 (other than Section 6.03(e)) shall be accompanied by a
statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to
Section 6.03(a) shall describe with particularity any and all provisions of this Agreement and any other Loan Document that have been breached. 

6.04 Payment of Obligations. Pay and discharge as the same shall become due and payable all its material obligations and liabilities, including
(a) all material Tax liabilities, upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being maintained by the
Borrower or such Subsidiary; and (b) all lawful material claims which, if unpaid, would by law become a Lien upon any of its property (other than a Lien that is permitted by Section 7.01). 

  
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 6.05 Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force and effect its
legal existence and good standing under the Laws of the jurisdiction of its organization except in a transaction permitted by Section 7.04 or 7.05 or except (in the case of any Subsidiary of the Borrower that is not a Loan Party)
where failure to do so could not reasonably be expected to have a Material Adverse Effect; (b) take all reasonable action to maintain all rights, privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its
business, except to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew all of its registered patents, trademarks, trade names and service marks, the non-preservation of
which could reasonably be expected to have a Material Adverse Effect. 
 6.06 Maintenance of Properties. (a) Maintain, preserve and
protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted; and (b) make all necessary repairs thereto and renewals and replacements
thereof, except in each case where the failure to do so could not reasonably be expected to have a Material Adverse Effect. 
 6.07 Maintenance of
Insurance. (a) Maintain with financially sound and reputable insurance companies that are not Affiliates of the Borrower, insurance with respect to its properties and business against loss or damage of the kinds customarily insured against
by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other Persons and providing for not less than 30 days’ prior notice to the Administrative Agent
of termination, lapse or cancellation of such insurance. Each such policy of insurance shall, within 30 days of the Closing Date (or such longer period of time designated by the Administrative Agent), as appropriate, (i) name the Administrative
Agent, on behalf of the Secured Parties, as an additional insured thereunder as its interests may appear and/or (ii) in the case of each casualty insurance policy, contain a loss payable clause or endorsement that names the Administrative
Agent, on behalf of the Secured Parties, as the loss payee thereunder. 
 (b) If at any time the area in which the Premises (as defined in the
Mortgages) are located is designated (i) a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), obtain flood insurance in such total amount as the
Administrative Agent may from time to time reasonably require in respect of compliance with the National Flood Insurance Program as set forth in the Floor Disaster Protection Act of 1973, as it may be amended from time to time, or (ii) a
“Zone 1” area, obtain earthquake insurance in such total amount as customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries. 

6.08 Compliance with Laws. Comply in all material respects with the requirements of all Laws and all orders, writs, injunctions and decrees applicable
to it or to its business or property (including any Law relating to terrorism, money laundering or Sanctions), except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith
by appropriate proceedings diligently  

  
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conducted; or (b) the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect. 

6.09 Books and Records. Maintain proper books of record and account, in which entries in conformity with GAAP consistently applied shall be made of all
financial transactions and matters involving the assets and business of the Borrower or such Subsidiary, as the case may be. 
 6.10 Inspection
Rights. Permit representatives and independent contractors of the Administrative Agent and each Lender to visit and inspect any of its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts
therefrom, and to discuss its affairs, finances and accounts with its directors, officers and independent public accountants, all at the expense of the Borrower and at such reasonable times during normal business hours and as often as may be
reasonably desired (but in no event more than two times per fiscal year of the Borrower), upon reasonable advance notice to the Borrower; provided, however, that when an Event of Default exists the Administrative Agent or any Lender
(or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice, and without limitation as to frequency.

 6.11 Use of Proceeds. Use the proceeds of the Loans on the Closing Date to refinance the Indebtedness of the Borrower described in the
definition of “Transactions” and to pay the fees and expenses incurred in connection with the Transactions. 
 6.12 Covenant to
Guarantee Obligations and Give Security. 
 (a) Upon the formation or acquisition of any new Material Subsidiary (provided that the requirements
of this Section 6.12 shall not apply to any Material Foreign Subsidiary prior to the date that is forty-five (45) days after the date such Material Foreign Subsidiary Guarantees any Indebtedness of the Borrower or any of its
Domestic Subsidiaries; provided, further, that each of (i) any Inactive Subsidiary ceasing to be an Inactive Subsidiary and qualifying as a Material Subsidiary and (ii) any Subsidiary qualifying as a Material Subsidiary shall
be deemed to constitute the acquisition of a new Material Subsidiary for all purposes of this Section 6.12), the Borrower shall, at the Borrower’s expense: 

(i) Within forty-five (45) days (as such time may be extended by the Administrative Agent in its reasonable discretion) after such
formation or acquisition, cause such Material Subsidiary to (A) become a Guarantor by executing and delivering to the Administrative Agent a counterpart of the Guaranty and (B) deliver to the Administrative Agent documents of the types
referred to in Section 4.01(d) and favorable opinions of counsel to such Person (which shall cover, among other things, the legality, validity, binding effect and enforceability of the documentation referred to in clause (a)), all in
form, content and scope reasonably satisfactory to the Administrative Agent, 

  
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 (ii) within 45 days (as such time may be extended by the Administrative Agent in its reasonable
discretion) after such formation or acquisition, cause such Material Subsidiary and each direct and indirect parent (to the extent such parent is the Borrower or a Domestic Subsidiary) of such Material Subsidiary (if it has not already done so) to
duly execute and deliver to the Administrative Agent deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of trust, and other collateral and security agreements or supplements thereto, as specified by
and in form and substance satisfactory to the Administrative Agent (including delivery of all pledged Equity Interests in and of such Material Subsidiary and other instruments of the type specified in Section 4.01), securing payment of
all the Obligations of such Material Subsidiary under the Loan Documents and constituting Liens on all such real and personal properties, 

(iii) within 45 days (as such time may be extended by the Administrative Agent in its reasonable discretion) after such formation or
acquisition, cause such Material Subsidiary and each direct and indirect parent (to the extent such parent is the Borrower or a Domestic Subsidiary) of such Material Subsidiary (if it has not already done so) to take whatever action (including the
recording of mortgages, the filing of Uniform Commercial Code financing statements, the giving of notices and the endorsement of notices on title documents) may be necessary or advisable in the opinion of the Administrative Agent to vest in the
Administrative Agent (or in any representative of the Administrative Agent designated by it) valid and subsisting Liens on the properties purported to be subject to the deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold
mortgages, leasehold deeds of trust, Collateral Agreement supplements, and security and pledge agreements delivered pursuant to this Section 6.12, enforceable against all third parties in accordance with their terms, 

(iv) within 45 days (as such time may be extended by the Administrative Agent in its reasonable discretion) after such formation or
acquisition, deliver to the Administrative Agent, upon the request of the Administrative Agent in its sole discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the Loan
Parties acceptable to the Administrative Agent as to the matters contained in clauses (i), (iii) and (iv) above, and as to such other matters as the Administrative Agent may reasonably request, and 

(v) as promptly as practicable after such formation or acquisition, deliver, upon the request of the Administrative Agent in its sole
discretion, to the Administrative Agent with respect to each parcel of real property with a fair market value in excess of $2,000,000 (as reasonably determined by the board of directors of the Borrower) and owned by the entity that is the subject of
such formation or acquisition, real property title reports, surveys and environmental assessment reports, each in scope, form and substance reasonably satisfactory to the Administrative Agent; provided, however, that to the extent that
any Loan Party or any of its Subsidiaries shall have otherwise received any of the foregoing 

  
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items with respect to such real property, such items shall, promptly after the receipt thereof, be delivered to the Administrative Agent. 

(b) Upon the acquisition of any real property (other than the real property subject to the requirements of Section 6.15) by any Loan Party with a
fair market value in excess of $2,000,000 (as reasonably determined by the board of directors of the Borrower) that is not already subject to a perfected first priority security interest in favor of the Administrative Agent for the benefit of the
Secured Parties, the Borrower shall, at the Borrower’s expense: 
 (i) within 30 days (as such time may be extended by the
Administrative Agent in its reasonable discretion) after such acquisition, furnish to the Administrative Agent a description of the property so acquired in detail satisfactory to the Administrative Agent, 

(ii) within 60 days (as such time may be extended by the Administrative Agent in its reasonable discretion) after such acquisition, cause the
applicable Loan Party to duly execute and deliver to the Administrative Agent deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of trust, supplemental schedules to this Agreement, collateral agreement
supplements and other security and pledge agreements, as specified by and in form and substance satisfactory to the Administrative Agent, securing payment of all the Obligations of the applicable Loan Party under the Loan Documents and constituting
Liens on all such properties, 
 (iii) within 60 days (as such time may be extended by the Administrative Agent in its reasonable discretion)
after such acquisition, cause the applicable Loan Party to take whatever action (including the recording of mortgages, the filing of Uniform Commercial Code financing statements, the giving of notices and the endorsement of notices on title
documents) may be necessary or advisable in the opinion of the Administrative Agent to vest in the Administrative Agent (or in any representative of the Administrative Agent designated by it) valid and subsisting Liens on such property, enforceable
against all third parties, 
 (iv) within 60 days (as such time may be by the Administrative Agent in its reasonable discretion) after such
acquisition, deliver to the Administrative Agent, upon the request of the Administrative Agent in its sole discretion, a signed copy of a favorable opinion, addressed to the Administrative Agent and the other Secured Parties, of counsel for the Loan
Parties acceptable to the Administrative Agent as to the matters contained in clauses (ii) and (iii) above and as to such other matters as the Administrative Agent may reasonably request, and 

(v) as promptly as practicable after any acquisition of a parcel of real property with a fair market value in excess of $2,000,000 (as
reasonably determined by the board of directors of the Borrower), deliver, upon the request of the Administrative Agent in its sole discretion, to the Administrative Agent with respect to such parcel of real property, real property title reports,
title insurance, 

  
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flood hazard searches/insurance, surveys and environmental assessment reports, each in scope, form and substance reasonably satisfactory to the Administrative Agent; provided,
however, that to the extent that any Loan Party or any of its Subsidiaries shall have otherwise received any of the foregoing items with respect to such parcel of real property, such items shall, promptly after the receipt thereof, be
delivered to the Administrative Agent. 
 (c) At any time upon request of the Administrative Agent, promptly execute and deliver any and all further
instruments and documents and take all such other action as the Administrative Agent may deem necessary or desirable in obtaining the full benefits of, or (as applicable) in perfecting and preserving the Liens of, such guaranties, deeds of trust,
trust deeds, deeds to secure debt, mortgages, leasehold mortgages, leasehold deeds of trust, supplements to the Collateral Agreement, supplements to the IP Security Agreements and other security and pledge agreements. 

(d) Notwithstanding anything in any Loan Document to the contrary, no Subsidiary that is a CFC or CFC HoldCo shall be required to be a Guarantor, no assets of
any such CFC or CFC HoldCo shall be required to be pledged as Collateral under any Loan Document and no Equity Interests of any such CFC or CFC HoldCo shall be pledged as Collateral under any Loan Document (in each case for so long as such
Subsidiary is a CFC or a CFC HoldCo), except that 66% of the voting Equity Interests and 100% of the non-voting Equity Interests of any Subsidiary that is (i) a CFC and owned directly by a Loan Party or a CFC HoldCo or (ii) a CFC HoldCo
may be pledged as Collateral under the Loan Documents. 
 6.13 Compliance with Environmental Laws. Comply, and cause all lessees and other Persons
operating or occupying its properties to comply, with all applicable Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary for its operations and properties; and conduct any investigation, study, sampling
and testing, and undertake any cleanup, removal, remedial or other action necessary to remove and clean up all Hazardous Materials from any of its properties, in accordance with the requirements of all Environmental Laws; except, in each case, to
the extent noncompliance or nonaction would not reasonably be expected to have a Material Adverse Effect; and provided, however, that neither the Borrower nor any of its Subsidiaries shall be required to undertake any such cleanup,
removal, remedial or other action to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP. 

6.14 Further Assurances. Promptly upon request by the Administrative Agent, or any Lender through the Administrative Agent, (a) correct any
material defect or error that may be discovered in any Loan Document or in the execution, acknowledgment, filing or recordation thereof and (b) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any
and all such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably require from time to time in order to (i) carry out more effectively
the purposes of the Loan Documents, (ii) to the fullest extent permitted 

  
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by applicable law, subject any Loan Party’s or any of its Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any of the
Collateral Documents, (iii) perfect and maintain the validity, effectiveness and priority of any of the Collateral Documents and any of the Liens intended to be created thereunder and (iv) assure, convey, grant, assign, transfer, preserve,
protect and confirm more effectively unto the Secured Parties the rights granted or now or hereafter intended to be granted to the Secured Parties under any Loan Document or under any other instrument executed in connection with any Loan Document to
which any Loan Party or any of its Subsidiaries is or is to be a party, and cause each of its Subsidiaries to do so. 
 6.15 Post-Closing Covenant.
(a) Within ninety (90) days following the Closing Date (which date may be extended in the reasonable discretion of the Administrative Agent), the Borrower shall have delivered to the Administrative Agent: 

(i) deeds of trust, trust deeds, deeds to secure debt and mortgages, each substantially in the form of Exhibit K and covering the owned
real properties listed on Schedule 6.15 (together with each other mortgage delivered pursuant to Section 6.12, in each case as amended, the “Mortgages”), duly executed by the appropriate Loan Party, together with:

 (A) evidence that counterparts of the Mortgages have been duly executed, acknowledged and delivered and are in form suitable for filing or
recording in all filing or recording offices that the Administrative Agent may deem necessary or desirable in order to create a valid first and subsisting Lien on the property described therein in favor of the Administrative Agent for the benefit of
the Secured Parties and that all filing, documentary, stamp, intangible and recording taxes and fees have been paid, 
 (B) fully paid
American Land Title Association Lender’s Extended Coverage title insurance policies (the “Mortgage Policies”), with endorsements and in amounts acceptable to the Administrative Agent, issued, coinsured and reinsured by title
insurers acceptable to the Administrative Agent, insuring the Mortgages to be valid first and subsisting Liens on the property described therein, free and clear of all defects (including, but not limited to, mechanics’ and materialmen’s
Liens) and encumbrances, excepting only Permitted Liens and other Liens permitted under the Loan Documents, and providing for such other affirmative insurance (including endorsements for future advances under the Loan Documents and for
mechanics’ and materialmen’s Liens, except to the extent constituting Liens permitted under Section 7.01 hereof) and such coinsurance and direct access reinsurance as the Administrative Agent may deem necessary or desirable,

 (C) with respect to each Mortgaged Property, either (1) such documentation as is required by the title insurance company to delete
the standard survey exception to the Mortgage Policy issued with respect to 

  
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such Mortgaged Property and provide the Administrative Agent with a “same as survey” or similar endorsement to such Mortgage Policy (provided such endorsement is available for issuance
in the state in which the Mortgaged Property is located) or (2) American Land Title Association/American Congress on Surveying and Mapping form surveys, for which all necessary fees (where applicable) have been paid, and dated no more than 30
days before the day of the Closing Date, certified to the Administrative Agent and the issuer of the Mortgage Policies in a manner satisfactory to the Administrative Agent by a land surveyor duly registered and licensed in the States in which the
property described in such surveys is located and acceptable to the Administrative Agent, showing all buildings and other improvements, any off-site improvements, the location of any easements, parking spaces, rights of way, building set-back lines
and other dimensional regulations and the absence of encroachments, either by such improvements or on to such property, and other defects, other than encroachments and other defects acceptable to the Administrative Agent, 

(D) environmental and other reports as to the properties described in the Mortgages, from professional firms acceptable to the Administrative
Agent, 
 (E) estoppel and consent agreements executed by each of the lessors of the leased real properties listed on Schedule 6.15,
along with (1) a memorandum of lease in recordable form with respect to such leasehold interest, executed and acknowledged by the owner of the affected real property, as lessor, or (2) evidence that the applicable lease with respect to
such leasehold interest or a memorandum thereof has been recorded in all places necessary or desirable, in the Administrative Agent’s reasonable judgment, to give constructive notice to third-party purchasers of such leasehold interest, or
(3) if such leasehold interest was acquired or subleased from the holder of a recorded leasehold interest, the applicable assignment or sublease document, executed and acknowledged by such holder, in each case in form sufficient to give such
constructive notice upon recordation and otherwise in form satisfactory to the Administrative Agent, 
 (F) without limiting
Section 6.15(a)(i)(H) below, evidence of the insurance required by the terms of the Mortgages, 
 (G) upon the reasonable request
of the Administrative Agent, an appraisal of each of the owned properties described on Schedule 6.15 in form and substance reasonably acceptable to the Administrative Agent, 

(H) (1) a completed “Life of Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to each
Mortgaged Property (together with a notice about special flood hazard 

  
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area situs and flood disaster assistance duly executed by the Borrower and each Loan Party relating thereto, to the extent required by applicable Laws), and, (2) to the extent any such real
property parcels are determined to be within a special flood hazard area, (x) evidence of flood hazard insurance (naming the Administrative Agent, on behalf of the Lenders, as loss payee and mortgagee) on all certificates, (y) evidence of
payment of all insurance premiums for the current policy year of each and (z) copies (certified by a Responsible Officer) of the flood insurance policies otherwise in form and substance reasonably satisfactory to the Administrative Agent, and

 (I) evidence that all other action that the Administrative Agent may deem necessary or desirable in order to create valid first and
subsisting Liens on the property described in the Mortgages has been taken. 
 (b) Within ninety (90) days following the Closing Date
(which date may be extended in the reasonable discretion of the Administrative Agent), deliver the control agreements required pursuant to Section 4.6 of the Collateral Agreement with respect to the Loan Parties. In the event of any
inconsistency between this Section 6.15(b) and the Collateral Agreement, this Section 6.15(b) shall control. 
 6.16 Maintenance
of Ratings. In the case of the Borrower, use commercially reasonable efforts to (i) cause the Facility to be continuously publicly rated by S&P and Moody’s and (ii) maintain a public corporate rating from S&P and a public
corporate family rating from Moody’s. 
 ARTICLE VII. 

NEGATIVE COVENANTS 
 So long as any Lender
shall have any Commitment hereunder or any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, the Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly: 

7.01 Liens. Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired,
other than the following: 
 (a) (i) Liens pursuant to any Loan Document and (ii) Liens on the Collateral securing Indebtedness incurred
pursuant to Section 7.03(a)(ii); provided that such Liens shall be subject to the Intercreditor Agreement; 
 (b) Liens existing on the
date hereof and listed on Schedule 5.08(b) and any renewals or extensions thereof; provided that (i) the property covered thereby is not changed, (ii) the amount secured or benefited thereby is not increased except as
contemplated by Section 7.03(b), (iii) the direct or any contingent obligor with respect thereto is not changed and (iv) any renewal or extension of the obligations secured or benefited thereby is permitted by
Section 7.03(b); 

  
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 (c) Liens for Taxes not yet due or which are being contested in good faith and by appropriate proceedings
diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 
 (d)
carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s, laborers or suppliers and statutorily created Liens or other like Liens arising in each case in the ordinary course of business which are not overdue for a
period of more than 30 days or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person to the extent required by
GAAP; 
 (e) pledges or deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other social
security legislation, other than any Lien imposed by ERISA; 
 (f) deposits to secure the performance of bids, trade contracts and leases (other than
Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(g) easements, rights-of-way, restrictions and other similar encumbrances affecting real property which, in the aggregate, are not substantial in amount, and
which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; 

(h) Liens securing judgments for the payment of money not constituting an Event of Default under Section 8.01(h) or securing appeal or other
surety bonds related to such judgments; 
 (i) Liens securing Indebtedness permitted under Section 7.03(e)(i); provided that in the case
of Liens securing purchase money Indebtedness and capital leases, (A) such Liens do not at any time encumber any property other than the property financed by such Indebtedness and (B) the Indebtedness secured thereby does not exceed the
cost of the property being acquired on the date of acquisition, improvements thereto and related expenses; 
 (j) the interests of lessors and sublessors or
licensors in respect of operating leases and leases, licenses, subleases or sublicenses granted to others in the ordinary course of business that do not (i) interfere in any material respect with the business of the Borrower or any Subsidiary
or (ii) secure any Indebtedness; 
 (k) Liens securing Indebtedness of Foreign Subsidiaries permitted under Section 7.03(h); 

(l) non-exclusive licenses of patents, trademarks, copyrights and other intellectual property rights; 

(m) Liens consisting of rights of setoff or bankers’ liens on deposits of funds in favor of banks or other depositary institutions, to the extent
incurred in the ordinary course of business; 

  
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 (n) Liens granted on the unearned portion of insurance premiums securing the financing of insurance premiums, to
the extent such financing is permitted under Section 7.03; 
 (o) Liens in favor of customs and revenue authorities arising as a matter of law
to secure payment of customs duties in connection with importation of goods; 
 (p) Liens on any cash earnest money deposits made in connection with letters
of intent or purchase agreements in connection with Permitted Acquisitions; 
 (q) Liens securing Indebtedness, in an aggregate amount at any time
outstanding not to exceed $75,000,000, assumed in connection with a Permitted Acquisition to the extent such Liens are solely on the assets acquired in such Permitted Acquisition and the Indebtedness incurred in connection therewith is permitted
under Section 7.03; 
 (r) Liens on cash deposits to secure obligations in an aggregate amount at any time outstanding not to exceed $10,000,000
under Hedge Agreements permitted under Section 7.03; 
 (s) customary option and call arrangements, rights of first refusal and similar rights
relating to Investments permitted under this Agreement; 
 (t) Liens on cash and Cash Equivalents in an aggregate amount not to exceed $5,000,000 securing
liabilities in connection with letters of credit permitted under Section 7.03(i); 
 (u) other Liens; provided that the principal amount
in the aggregate at any time outstanding secured thereby does not exceed $20,000,000; and 
 (v) Liens on assets of Foreign Subsidiaries securing
obligations other than Indebtedness in an aggregate amount at any time outstanding not to exceed $10,000,000. 
 7.02 Investments. Make any
Investments, except: 
 (a) Investments held by the Borrower or such Subsidiary in the form of cash and Cash Equivalents; 

(b) Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of business; 

(c) advances to officers, directors and employees of the Borrower and Subsidiaries in an aggregate amount not to exceed $5,000,000 at any time outstanding,
for travel, entertainment, relocation and analogous ordinary business purposes; 
 (d) Investments (i) existing on the Closing Date in Subsidiaries
existing on the Closing Date, (ii) in Domestic Subsidiaries (including those formed or acquired after the Closing Date so long as the Borrower and its Subsidiaries comply with the applicable provisions of Section 6.12),
(iii) by the Borrower or any other Loan Party in Foreign Subsidiaries (not a Loan Party) formed or acquired after the Closing Date; provided that (A) no Default or Event of Default shall have occurred and be continuing, (B) the
Borrower and 

  
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its Subsidiaries comply with the applicable provisions of Section 6.12, (C) any such Investment consisting of a loan or advance shall be subordinated to the Obligations pursuant
to the Intercompany Subordination Agreement and (D) the aggregate amount of all such Investments shall not exceed $50,000,000 outstanding at any time during the term of the Facility (determined without regard to any write-downs or write-offs of
such Investments), (iv) of the Borrower in any Guarantor and Investments of any wholly-owned Subsidiary in the Borrower or in any Guarantor and (v) Investments by any Foreign Subsidiary (that is not a Loan Party) in any other Foreign
Subsidiary; 
 (e) Investments consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of trade
credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss; 

(f) Investments by the Borrower or any of its Subsidiaries in the form of Permitted Acquisitions; 

(g) Guarantees permitted by Section 7.03; 
 (h) Swap
Contracts to the extent permitted pursuant to Section 7.03(d); 
 (i) Investments consisting of advances and prepaid expenses in connection with
the purchase of goods or services in the ordinary course of business; 
 (j) Investments received in settlement of amounts due to Borrower or any
Subsidiary, whether owing as a result of Insolvency Proceedings of an account debtor or upon the foreclosure or enforcement of any Lien in favor of Borrower or its Subsidiaries or in connection with satisfaction or enforcement of Indebtedness or
other claims owing to Borrower or any Subsidiary; 
 (k) Deposits of cash in the ordinary course of business to secure performance of operating leases or as
required by Governmental Authorities, public utilities or suppliers; 
 (l) Investments in the ordinary course of business resulting from agreements
relating to Indebtedness permitted under Section 7.03(k); 
 (m) equity Investments by any Loan Party in any Subsidiary of such Loan Party which
are required by law to maintain a minimum net capital requirement or as may be otherwise required by applicable law (in each case to the extent of such requirement); 

(n) Investments acquired in a Permitted Acquisition to the extent that such Investments were not made in contemplation of or in connection with such Permitted
Acquisition and were in existence on the date of such Permitted Acquisition; 
 (o) Investments received in consideration for Dispositions permitted under
Section 7.05; 
 (p) [Reserved]; 

  
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 (q) Investments paid for solely with Equity Interests of Borrower; 

(r) Investments in connection with performance bonds, bankers’ acceptance, workers’ compensation claims, surety or appeal bond payments, obligations
in connection with self-insurance or similar obligations and bank overdrafts; 
 (s) Investments made with the portion, if any, of the Cumulative Credit on
the date that the Borrower elects to apply all or a portion thereof to this Section 7.02(s), such election to be specified in a written notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of
Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; provided that immediately before and immediately after giving effect to any such Investment, (i) no Default or Event of Default
shall have occurred and be continuing and (ii) with respect to any Investment made utilizing clause (b) or (c) of the definition of “Cumulative Credit”, the Borrower and its Subsidiaries shall be in compliance, on a Pro
Forma Basis, with a maximum Senior Secured Net Leverage Ratio of 4.50:1.00, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent and the Lenders pursuant to
Section 6.01(a) or (b); 
 (t) Investments not exceeding (i) $10,000,000 in the aggregate in any fiscal year of the Borrower prior
to the fiscal quarter (if any) when the Consolidated Leverage Ratio is less than or equal to 4.00 to 1.00 as of the end of such fiscal quarter (any such date, the “Investment Step-up Date”) and (ii) $20,000,000 in the aggregate
in any fiscal year of the Borrower after the occurrence of the Investment Step-up Date; provided that in no event shall the aggregate amount of Investments allowed pursuant to this Section 7.02(t) exceed $50,000,000 during the
term of this Agreement; and 
 (u) Investments in an aggregate amount not to exceed $50,000,000 during the term of the Agreement; provided that no
Event of Default has occurred and is continuing or would result therefrom; provided, further, that Investments by non-Loan Parties made pursuant to this Section 7.02(u) shall not exceed $25,000,000 during the term of the
Agreement. 
 7.03 Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except: 

(a) Indebtedness under (i) the Loan Documents (including Specified Refinancing Debt), (ii) (A) the Revolving Credit Agreement in an aggregate
principal amount, when taken together with the aggregate principal amount of Permitted Refinancings outstanding pursuant to subclause (B) below, at any time outstanding not to exceed $125,000,000 and (B) any Permitted Refinancings thereof
(or successive Permitted Refinancings thereof) and (iii) (A) the Indenture, when taken together with the aggregate principal amount of Permitted Refinancings outstanding pursuant to subclause (B) below, in an aggregate principal
amount at any time outstanding not to exceed $230,000,000 and (B) any Permitted Refinancings thereof (or successive Permitted Refinancings thereof); 

(b) Indebtedness outstanding on the date hereof and listed on Schedule 7.03 and any refinancings, refundings, renewals or extensions thereof;
provided that the amount of such Indebtedness is not increased at the time of such refinancing, refunding, renewal or 

  
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extension except by an amount equal to a reasonable premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing, refunding, renewal or
extension and by an amount equal to any existing commitments unutilized thereunder; 
 (c) Guarantees of the Borrower or any Guarantor in respect of
Indebtedness otherwise permitted hereunder of the Borrower or any Guarantor; 
 (d) obligations (contingent or otherwise) of the Borrower or any Guarantor
existing or arising under any Swap Contract; provided that (i) such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities,
commitments, investments, assets or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not for purposes of speculation and (ii) such Swap Contract does not contain any
provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party (other than pursuant to customary netting or set-off provisions); 

(e) Indebtedness (i) of the Borrower or any Subsidiary in respect of capital leases and purchase money obligations for fixed or capital assets or
(ii) of any Person acquired in a Permitted Acquisition (so long as such Indebtedness (A) existed prior to the acquisition of such Person by the Borrower or any Subsidiary, (B) is not created in connection with such acquisition and
(C) is solely the obligation of such Person and not of the Borrower or any other Subsidiary); provided that the aggregate amount of all such Indebtedness at any one time outstanding pursuant to (x) sub-clause (i) of this clause
(e) shall not exceed $35,000,000 and (y) sub-clause (ii) of this clause (e) shall not exceed $50,000,000; 
 (f) intercompany
Indebtedness (i) between and among Loan Parties, (ii) owed by any Loan Party to any non-Loan Party or owed by a non-Loan Party to a Loan Party (but only to the extent permitted under Section 7.02); provided that any such
Indebtedness shall be subordinated to the Obligations pursuant to the Intercompany Subordination Agreement and (iii) between and among any non-Loan Parties; 

(g) other Indebtedness incurred by the Borrower or any Guarantor constituting Permitted Ratio Debt (and any Permitted Refinancings thereof (and successive
Permitted Refinancing thereof)); 
 (h) Third Party Interests issued by Securitization Vehicles in Securitizations permitted by Section 7.05(m),
and Indebtedness represented by such Third Party Interests; provided that the aggregate amount of all Securitizations shall not exceed the greater of $50,000,000 and 20% of Consolidated Net Tangible Assets at the time of incurrence (with
Securitizations expressed in a currency other than Dollars being converted to Dollars at the prevailing exchange rate at the time such Securitization is consummated); 

(i) Indebtedness pursuant to letters of credit issued by Bank of America, N.A. in an aggregate face amount at any time outstanding not exceeding $5,000,000;

 (j) Indebtedness incurred under performance, surety, statutory, bid or appeal bonds; 

  
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 (k) Indebtedness in connection with credit cards, credit card processing services, debit cards, stored value
cards, commercial cards or Cash Management Agreements, or in connection with netting services, overdraft protection, and other like services, in each case incurred in the ordinary course of business; 

(l) accrual of interest, accretion or amortization of original issue discount, or the payment of interest in kind, in each case, on Indebtedness that is
otherwise permitted under this Section 7.03; 
 (m) Indebtedness consisting of contingent liabilities in respect of indemnification obligations
or adjustment of purchase price in connection with the consummation of Permitted Acquisitions; 
 (n) Indebtedness consisting of (i) unsecured
guarantees incurred in the ordinary course of business with respect to surety and appeal bonds, performance bonds, bid bonds, appeal bonds, completion guarantee and similar obligations, (ii) unsecured guarantees arising from customary
indemnification obligations to purchasers, and (iii) unsecured guarantees with respect to any obligations of a Subsidiary to the extent the person obligated under such guaranty could have incurred such underlying Indebtedness under this
Section 7.03; 
 (o) Indebtedness owing to former employees, officers or directors (or spouses or estates of the foregoing) in connection with
the repurchase by Borrower of Equity Interests that have been issued to such Person in an aggregate amount at any time outstanding not to exceed $5,000,000; and 

(p) other unsecured Indebtedness of the Borrower and its Subsidiaries in an aggregate principal amount not to exceed the greater of $35,000,000 and 12.5% of
Consolidated Net Tangible Assets at the time of incurrence, at any time outstanding. 
 7.04 Fundamental Changes. Merge, dissolve, liquidate,
consolidate with or into another Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, so long as
no Default exists or would result therefrom: 
 (a) any Subsidiary may merge with (i) the Borrower; provided that the Borrower shall be the
continuing or surviving Person and (ii) any Subsidiary; provided that (A) when any wholly-owned Subsidiary is merging with another Subsidiary, the wholly-owned Subsidiary shall be the continuing or surviving Person and (B) when
any Guarantor is merging with another Subsidiary, the continuing or surviving Person shall be a Guarantor; 
 (b) the Borrower or any Guarantor may effect
any Permitted Acquisition; provided that (i) in any such transaction involving the Borrower, the Borrower shall be the continuing or surviving Person and (ii) in any such transaction involving a Guarantor, the continuing or
surviving Person shall be a Guarantor; 
 (c) any Subsidiary may Dispose of all or substantially all of its assets (upon voluntary liquidation, dissolution
or otherwise) (i) to the Borrower or to a Guarantor or (ii) if the 

  
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transferor is not a Guarantor, to any other Subsidiary; provided in each case that if the transferor in such a transaction is a wholly-owned Subsidiary, then the transferee must either be
the Borrower or a wholly-owned Subsidiary; and 
 (d) the Borrower and its Subsidiaries may consummate the DFKA Restructuring. 

7.05 Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 

(a) Dispositions of obsolete or worn out property, or property no longer used or usable in the business, whether now owned or hereafter acquired; 

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

(c) Dispositions of equipment or real property to the extent that (i) such property is exchanged for credit against the purchase price of similar
replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property; 

(d) Dispositions of property by the Borrower to any Subsidiary, or by any Subsidiary to the Borrower or to a Guarantor, or by any Subsidiary that is not a
Guarantor to any other Subsidiary that is not a Guarantor; provided that if the transferor of such property is the Borrower or a Guarantor, the transferee thereof must either be the Borrower or a Guarantor; 

(e) Dispositions of accounts receivable for purposes of collection; 

(f) Dispositions of investment securities and cash equivalents in the ordinary course of business; 

(g) Dispositions permitted by Section 7.01, 7.02 and 7.04; 

(h) Dispositions by the Borrower and its Subsidiaries of property acquired after the date hereof in Permitted Acquisitions; provided that, the fair
market value of the assets to be divested in connection with any Permitted Acquisition (as reasonably determined by the board of directors of the Borrower) do not exceed an amount equal to thirty percent (30%) of the total cash and non-cash
consideration for such Permitted Acquisition; 
 (i) Dispositions consisting of licensing and sublicensing on a non-exclusive basis of patents, trademarks,
copyrights and other intellectual property rights; or the lapse or abandonment of registered patents, trademarks or copyrights to the extent not economically desirable in the conduct of the Borrower’s business; 

(j) Dispositions as a result of involuntary loss, damage or destruction of property or involuntary condemnation, transfer, seizure or taking by exercise of
the power of eminent domain or otherwise, or confiscation or requisition of use of property; 

  
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 (k) Dispositions consisting of leasing or sub-leasing of assets in the ordinary course of business; 

(l) Dispositions consisting of (i) the sale and lease-back of real property in an aggregate amount not to exceed $75,000,000 and (ii) the sale and
lease-back of real property of Foreign Subsidiaries; 
 (m) Dispositions of Securitization Assets to Securitization Vehicles and the issuance of Third Party
Interests in connection with Securitizations; provided that (i) each such Securitization is effected on market terms as determined in good faith by the Borrower, (ii) the aggregate amount of all such Securitizations does not exceed
the greater of $50,000,000 and 20% of Consolidated Net Tangible Assets at the time of incurrence (with Securitizations expressed in a currency other than Dollars being converted to Dollars at the prevailing exchange rate at the time such
Securitization is consummated), (iii) the aggregate amount of the Sellers’ Retained Interests in such Securitizations does not exceed an amount at any time outstanding that is customary for similar transactions and (iv) the proceeds
to each such Securitization Vehicle from the issuance of Third Party Interests are applied substantially simultaneously with receipt thereof to the purchase from the Borrower or any Subsidiary of Securitization Assets; 

(n) other Dispositions of property with an aggregate fair market value in any fiscal year not exceeding the greater of $20,000,000 or 7.5% of Consolidated Net
Tangible Assets at the time of such Disposition; and 
 (o) Dispositions by the Borrower of the common stock of the Borrower. 

7.06 Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do so,
or issue or sell any Equity Interests, except that, so long as no Default shall have occurred and be continuing at the time of any action described below or would result therefrom: 

(a) each Subsidiary may make Restricted Payments to the Borrower, the Guarantors and any other Person that owns an Equity Interest in such Subsidiary, ratably
according to their respective holdings of the type of Equity Interest in respect of which such Restricted Payment is being made; 
 (b) the Borrower and
each Subsidiary may declare and make dividend payments or other distributions payable solely in the common stock or other common Equity Interests of such Person; 

(c) the Borrower and each Subsidiary may purchase, redeem or otherwise acquire Equity Interests issued by it with the proceeds received from the substantially
concurrent issue of new shares of its common stock or other common Equity Interests; 
 (d) the Borrower may issue and sell its common Equity Interests;

 (e) the Borrower may make Investments permitted pursuant to Section 7.02(c); 

  
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 (f) the Borrower may consummate Excluded Issuances; 

(g) the Borrower may repurchase its Equity Interests (i) in connection with its restricted stock grant program in an amount not exceeding $10,000,000 in
any fiscal year and (ii) in an amount that would not cause the aggregate repurchase price for the Equity Interests so repurchased to, at any time, exceed the aggregate market value (determined based on the applicable closing price thereof on
the trading day immediately preceding each relevant issuance date) of the Equity Interests that have been issued by the Borrower pursuant to the Settlement at such time; provided that aggregate repurchases pursuant to this clause
(g) shall not exceed $50,000,000 during the term of the Agreement; and 
 (h) the Borrower may make additional Restricted Payments with the portion, if
any, of the Cumulative Credit on the date that the Borrower elects to apply all or a portion thereof to this Section 7.06(h), such election to be specified in a written notice of a Responsible Officer of the Borrower calculating in
reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; provided that, with respect to any Restricted Payment made utilizing clause (b) or (c) of the
definition of “Cumulative Credit”, immediately before and after giving effect to any such Restricted Payment, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Senior Secured Net Leverage Ratio
of 4.50:1.00, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent and the Lenders pursuant to Section 6.01(a) or (b). 

7.07 Change in Nature of Business. Engage in any material line of business substantially different from the food business or any business reasonably
related thereto. 
 7.08 Transactions with Affiliates. Enter into any transaction of any kind with any Affiliate of the Borrower, whether or not in
the ordinary course of business, other than on fair and reasonable terms no less favorable to the Borrower or such Subsidiary than would be obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length transaction with
a Person other than an Affiliate; provided that the foregoing restriction shall not apply to: 
 (a) transactions between or among the Borrower and
any of its wholly-owned Subsidiaries or between and among any wholly-owned Subsidiaries; 
 (b) the payment of fees, expenses and compensation (including
equity compensation) to officers and directors of the Borrower or any of its Subsidiaries and indemnification agreements entered into by the Borrower or any of its Subsidiaries approved, in the case of fees and compensation, by the compensation
committee of the Borrower in good faith; 
 (c) employment and severance arrangements with officers and employees; and 

(d) rights of shareholders of the Borrower under (i) that certain Securities Purchase Agreement dated as of May 22, 2010, between the Borrower and
OCM PF/FF Adamante Holdings, Ltd., as amended to the date hereof and (ii) that certain Warrant Purchase 

  
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Agreement dated as of February 9, 2014 among the Borrower and OCM PF/FF Adamante Holdings, Ltd. 

7.09 Burdensome Agreements. Enter into or permit to exist any Contractual Obligation (other than this Agreement or any other Loan Document) that
(a) limits the ability (i) of any Subsidiary to make Restricted Payments to the Borrower or any Guarantor or to otherwise transfer property to the Borrower or any Guarantor, (ii) of any Subsidiary to Guarantee the Indebtedness of the
Borrower or (iii) of the Borrower or any Subsidiary to create, incur, assume or suffer to exist Liens on property of such Person; provided, however, that clauses (i) and (iii) shall not prohibit any negative pledge or
similar provision, or restriction on transfer of property, incurred or provided in favor of any holder of Indebtedness permitted under Section 7.03(e) solely to the extent any such negative pledge relates to the property financed by or
the subject of such Indebtedness; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of such Person. Notwithstanding the foregoing, this Section 7.09 will not
restrict or prohibit: 
 (a) restrictions imposed pursuant to an agreement that has been entered into in connection with a transaction permitted pursuant to
Section 7.05 with respect to the property that is subject to that transaction; 
 (b) comprise restrictions imposed by any agreement relating to
secured Indebtedness permitted pursuant to Section 7.03 to the extent that such restrictions apply only to the property or assets securing such Indebtedness; 

(c) provisions restricting subletting or assignment of Contractual Obligations; 

(d) restrictions and conditions imposed by the Revolving Credit Agreement as of the Closing Date (or Permitted Refinancings thereof that do not impose
additional restrictions or conditions); 
 (e) restrictions and conditions imposed by the Indenture as of the Closing Date (or Permitted Refinancings
thereof that do not impose additional restrictions or conditions); 
 (f) any agreement in effect on the date hereof and described on
Schedule 7.09; or 
 (g) customary restrictions and conditions imposed by the documentation governing Permitted Ratio Debt (or Permitted
Refinancings thereof) that are not any more adverse to the interests of the Lenders than the restrictions and conditions imposed by the Indenture as of the Closing Date. 

7.10 Use of Proceeds. Use the proceeds of any Loan, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or
carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. 

7.11 [Reserved.] 

  
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 7.12 Accounting Changes. Change its fiscal year more than once during the term of this
Agreement. 
 7.13 Prepayments of Indebtedness. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity
thereof in any manner, or make any payment in violation of any subordination terms of, any Indebtedness, except (a) the prepayment of the Loans in accordance with the terms of this Agreement, (b) regularly scheduled or required repayments
or redemptions of Indebtedness set forth in Schedule 7.03, (c) the Permitted Refinancing of any Indebtedness incurred pursuant to Section 7.03, (d) a prepayment, redemption, purchase, defeasement or other satisfaction of
Indebtedness made using the portion, if any, of the Cumulative Credit on the date that the Borrower elects to apply all or a portion thereof to this Section 7.13(d), such election to be specified in a written notice of a Responsible
Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; provided that, immediately before and after giving effect to any such
prepayment, (a) no Default or Event of Default shall have occurred and be continuing and (b) with respect to any prepayment made utilizing clause (b) or (c) of the definition of “Cumulative Credit”, the Borrower and its
Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Senior Secured Net Leverage Ratio of 4.50:1.00, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent
and the Lenders pursuant to Section 6.01(a) or (b), (e) the prepayment of Indebtedness under the Revolving Credit Agreement or (f) prepayments, redemptions, purchases, defeasements or other satisfactions of Indebtedness
on the Closing Date as part of the Transactions. 
 7.14 Amendment of Indebtedness. Amend, modify or change in any manner any term or
condition of any Indebtedness for borrowed money in excess of the Threshold Amount in a manner materially adverse to the Lenders. 
 7.15 Inactive
Subsidiaries; Holding Companies. (a) Permit any Inactive Subsidiary to (i) enter into any business, operations or activities or (ii) notwithstanding anything to the contrary herein, acquire any assets or incur any liabilities
(other than liabilities under the Loan Documents and liabilities imposed by law, including tax liabilities and other liabilities incidental to its existence). 

(b) Permit a CFC HoldCo to (i) enter into any business, operations or activities or (ii) acquire any assets (other than assets owned on the Closing
Date) or incur any liabilities (other than liabilities under the Loan Documents, pledges of the stock of KFH, KFI or DFKA Intermediate under the Revolving Credit Loan Documents and liabilities imposed by law, including tax liabilities and other
liabilities incidental to its existence); provided that, such CFC HoldCo may (1) receive assets from its direct parent so long as it promptly contributes such assets to one or more of its Subsidiaries in compliance with
Section 7.02, (2) receive assets from its Subsidiaries so long as it promptly distributes such assets to its direct parent, (3) incur liability in connection with intercompany Indebtedness owed to the Borrower and permitted by
Section 7.03 so long as it promptly contributes the proceeds thereof to one or more of its Subsidiaries in compliance with Section 7.02 and (4) consummate the DFKA Restructuring. 

  
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 ARTICLE VIII. 

EVENTS OF DEFAULT AND REMEDIES 
 8.01
Events of Default. Any of the following shall constitute an “Event of Default”: 
 (a) Non-Payment. The Borrower or any other
Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan, (ii) within three Business Days after the same becomes due, any interest on any Loan, or (iii) within five Business Days after
the same becomes due, any fee or any other amount payable hereunder or under any other Loan Document; 
 (b) Specific Covenants. The Borrower fails
to perform or observe any term, covenant or agreement contained in any of Section 6.03(a), 6.05 or 6.15 or Article VII; 

(c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in subsection (a) or (b) above)
contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days; 
 (d) Representations and Warranties.
Any representation, warranty, certification or statement of fact made or deemed made by or on behalf of the Borrower or any other Loan Party herein, in any other Loan Document, or in any document delivered in connection herewith or therewith shall
be incorrect or misleading in any material respect when made or deemed made; 
 (e) Cross-Acceleration. (i) The Borrower or any Subsidiary fails
to observe or perform any agreement or condition relating to any Indebtedness or Guarantee (excluding Indebtedness hereunder and Indebtedness under Swap Contracts) having an aggregate principal amount (including undrawn committed or available
amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than the Threshold Amount, or any other event occurs, in each case after any applicable grace, cure or notice period, the effect of
which default or other event is to cause, or to permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to
cause, with the giving of notice if required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness
to be made, prior to its stated maturity, or such Guarantee to become payable or cash collateral in respect thereof to be demanded (provided that no Event of Default shall occur under this clause (i) prior to such time that such
Indebtedness or such Guarantee is so demanded or becomes due or is required to be repurchased, prepaid, defeased or redeemed, or an offer to repurchase, prepay, defease or redeem such Indebtedness is required to be made, or such Guarantee becomes
payable or such cash collateral is demanded); or (ii) there occurs under any Swap Contract an “Early Termination Date” (as defined, or as such comparable term may be used and defined, in such Swap Contract) resulting from (A) any
event of default under such Swap Contract as to which the Borrower or any Subsidiary is the “Defaulting Party” (as defined, or as such comparable term may be used and defined, in such Swap Contract) or (B) any

  
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“Termination Event” (as defined, or as such comparable term may be used and defined, in such Swap Contract) under such Swap Contract as to which the Borrower or any Subsidiary is an
“Affected Party” (as defined, or as such comparable term may be used and defined, in such Swap Contract) and, in either event, (x) the Swap Termination Value owed by the Borrower or such Subsidiary as a result thereof is greater than
the Threshold Amount and (y) and the occurrence of such “Early Termination Date” (as defined, or as such comparable term may be used and defined, in such Swap Contract) could reasonably be expected to have a Material Adverse Effect;

 (f) Insolvency Proceedings, Etc. Any Loan Party or any Material Subsidiary institutes or consents to the institution of any proceeding under any
Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any material
part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged or unstayed for 60
calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60 calendar days, or
an order for relief is entered in any such proceeding; 
 (g) Inability to Pay Debts; Attachment. (i) The Borrower or any Material Subsidiary
becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is issued or levied against all or any material part of the
property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; 
 (h) Judgments. There is entered
against the Borrower or any Subsidiary (i) one or more final judgments or orders for the payment of money in an aggregate amount (as to all such judgments or orders) exceeding the Threshold Amount (to the extent not covered by independent
third-party insurance as to which the insurer does not dispute coverage) or (ii) any one or more non-monetary final judgments that have, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect and,
in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order or (B) there is a period of 30 consecutive days during which a stay of enforcement of such judgment, by reason of a pending appeal or
otherwise, is not in effect; 
 (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which results in
liability of the Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of the Threshold Amount or (ii) the Borrower or any ERISA Affiliate fails to pay when due, after the
expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of the Threshold Amount; 

  
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 (j) Invalidity of Loan Documents. Any material provision of any Loan Document, at any time after its
execution and delivery and for any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party or any other Person contests in any manner
the validity or enforceability of any material provision of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any Loan Document, or purports to revoke, terminate or rescind any Loan Document; 

(k) Change of Control. There occurs any Change of Control; or 

(l) Collateral Documents. Any Collateral Document after delivery thereof pursuant to Sections 4.01, 6.12 or 6.15 shall for any
reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (in the case of the Term Loan Priority Collateral) or second priority Lien (in the case of the ABL Priority Collateral), in each
case subject to Permitted Liens, on any material portion of the Collateral purported to be covered thereby. 
 8.02 Remedies Upon Event of Default.
If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions: 

(a) declare any commitment of each Lender to make Loans to be terminated, whereupon such commitments and obligation shall be terminated; 

(b) declare the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or
under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower; and 

(c) exercise on behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents; 

provided, however, that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the
Bankruptcy Code of the United States, any obligation of each Lender to make Loans shall automatically terminate and the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due
and payable, in each case without further act of the Administrative Agent or any Lender. 
 8.03 Application of Funds. After the exercise of remedies
provided for in Section 8.02 (or after the Loans have automatically become immediately due and payable as set forth in the proviso to Section 8.02), any amounts received on account of the Obligations shall, subject to the
provisions of Section 2.13, be applied by the Administrative Agent in the following order (subject to any contrary provisions expressly set forth in the Intercreditor Agreement): 

  
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 First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other
amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; 

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal and interest) payable to
the Lenders (including fees, charges and disbursements of counsel to the respective Lenders (including fees and time charges for attorneys who may be employees of any Lender) and amounts payable under Article III), ratably among them in
proportion to the respective amounts described in this clause Second payable to them; 
 Third, to payment of that portion of the Obligations
constituting accrued and unpaid interest on the Loans, among the Lenders in proportion to the respective amounts described in this clause Third payable to them; 

Fourth, to payment of that portion of the Obligations constituting (a) unpaid principal of the Loans and (b) unpaid Obligations owing by any
Loan Party under any Secured Hedge Agreements or Secured Cash Management Agreements, among the Lenders (and, in the case of such Secured Hedge Agreements or Secured Cash Management Agreements, the Hedge Banks and the Cash Management Banks) in
proportion to the respective amounts described in this clause Fourth held by them; and 
 Last, the balance, if any, after all of the
Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law. 
 Notwithstanding the foregoing, Obligations arising
under Secured Cash Management Agreements and Secured Hedge Agreements shall be excluded from the application described above if the Administrative Agent has not received written notice thereof (expressly stating that such Obligations shall be
subject to the application described above), together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. Each Cash Management Bank or Hedge Bank not
a party to this Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article IX
hereof for itself and its Affiliates as if a “Lender” party hereto. Excluded Swap Obligations with respect to any Loan Party shall not be paid with amounts received from such Loan Party or such Loan Party’s assets, but appropriate
adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations otherwise set forth above in this Section 8.03. 

ARTICLE IX. 

ADMINISTRATIVE AGENT 
 9.01 Appointment
and Authority. (a) Each of the Lenders hereby irrevocably appoints Credit Suisse to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on

  
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its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The
provisions of this Article are solely for the benefit of the Administrative Agent and the Lenders, and the Borrower shall not have rights as a third party beneficiary of any of such provisions. 

(b) The Administrative Agent shall also act as the “Collateral Agent” under the Loan Documents, and each of the Lenders (including in its
capacities as a potential Hedge Bank and a potential Cash Management Bank) hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of such Lender for purposes of acquiring, holding and enforcing any and all Liens on
Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as Collateral Agent and any co-agents,
sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for
exercising any rights and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this Article IX and Article X (including Section 10.04(c), as though such co-agents,
sub-agents and attorneys-in-fact were the Collateral Agent under the Loan Documents) as if set forth in full herein with respect thereto. 
 9.02 Rights
as a Lender. The Person serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term
“Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its
Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were
not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 
 9.03 Exculpatory Provisions. The Administrative
Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing; 

(b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly
contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or
in the other Loan Documents); provided that the Administrative Agent shall not be required to take any action that, in its opinion or the 

  
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opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and 

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

The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or
such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii) in the
absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice describing such Default is given to the Administrative Agent by the Borrower or
a Lender. 
 The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or
representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the
performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any
other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Collateral Documents, (v) the value or the sufficiency of any Collateral or (vi) the
satisfaction of any condition set forth in Section 4.01 or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 

9.04 Reliance by Administrative Agent. 
 The
Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or
intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone
and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan that by its terms must be fulfilled to the satisfaction
of a Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender unless the Administrative Agent shall have received notice to the contrary from such Lender prior to the making of such Loan. The Administrative
Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel,
accountants or experts. 

  
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 9.05 Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its
rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its
rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their
respective activities in connection with the syndication of any credit facility provided for herein as well as activities as Administrative Agent. 

9.06 Resignation of Administrative Agent. The Administrative Agent may at any time give notice of its resignation to the Lenders and the Borrower. Upon
receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Borrower (not to be unreasonably withheld, conditioned or delayed), to appoint a successor, which shall be a bank with an office in the
United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative
Agent gives notice of its resignation, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that if the Administrative Agent shall
notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (a) the retiring Administrative Agent shall be discharged
from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the Lenders under any of the Loan Documents, the retiring Administrative
Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (b) all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall
instead be made by or to each Lender directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided for above in this Section 9.06. Upon the acceptance of a successor’s appointment as
Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative Agent, and the retiring Administrative Agent shall be discharged from
all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section 9.06). The fees payable by the Borrower to a successor Administrative Agent shall be the
same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article and
Section 10.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring
Administrative Agent was acting as Administrative Agent. 
 9.07 Non-Reliance on Administrative Agent and Other Lenders. Each Lender
acknowledges that it has, independently and without reliance upon the Administrative 

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

9.08 No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the Arrangers or others listed on the cover page hereof shall have
any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent or a Lender hereunder. 

9.09 Administrative Agent May File Proofs of Claim. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial
proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent
shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and
prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the
claims of the Lenders and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders and the Administrative Agent and their respective agents and counsel and all other amounts
due the Lenders and the Administrative Agent under Sections 2.07 and 10.04) allowed in such judicial proceeding; and 
 (b) to collect and
receive any monies or other property payable or deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee,
trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the
making of such payments directly to the Lenders, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts
due the Administrative Agent under Sections 2.07 and 10.04. 
 Nothing contained herein shall be deemed to authorize the Administrative Agent
to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender to authorize the Administrative Agent to vote in respect
of the claim of any Lender in any such proceeding. 

  
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 9.10 Collateral and Guaranty Matters. Each of the Lenders (including in its capacities as a potential Cash
Management Bank and a potential Hedge Bank) irrevocably authorizes the Administrative Agent, at its option and in its discretion: 
 (a) to release
any Lien on any property granted to or held by the Administrative Agent under any Loan Document (i) upon termination of the Aggregate Commitments and payment in full of all Obligations (other than (A) contingent indemnification obligations
as to which no claim has been asserted and (B) subject to Section 9.11, obligations and liabilities under Secured Cash Management Agreements and Secured Hedge Agreements), (ii) that is sold or to be sold as part of or in
connection with any sale permitted hereunder or under any other Loan Document or (iii) if approved, authorized or ratified in writing in accordance with Section 10.01; 

(b) to release any Guarantor from its obligations under the Guaranty (i) upon termination of the Aggregate Commitments and payment in full of all
Obligations (other than (A) contingent indemnification obligations as to which no claim has been asserted and (B) subject to Section 9.11, obligations and liabilities under Secured Cash Management Agreements and Secured Hedge
Agreements) or (iii) if approved, authorized or ratified in writing in accordance with Section 10.01; 
 (c) to release any Guarantor from
its obligations under the Guaranty if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder; and 
 (d) to subordinate any
Lien on any property granted to or held by the Administrative Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(i). 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or
subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty pursuant to this Section 9.10. In each case as specified in this Section 9.10, the
Administrative Agent will, at the Borrower’s expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the release of such item of Collateral from the assignment and security
interest granted under the Collateral Documents or to subordinate its interest in such item, or to release such Guarantor from its obligations under the Guaranty, in each case in accordance with the terms of the Loan Documents and this
Section 9.10. 
 9.11 Secured Cash Management Agreements and Secured Hedge Agreements. No Cash Management Bank or Hedge Bank that obtains
the benefits of Section 8.03, any Guaranty or any Collateral by virtue of the provisions hereof or of any Guaranty or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action
hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan
Documents. Notwithstanding any other provision of this Article IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other  

  
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satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received
written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. 

ARTICLE X. 

MISCELLANEOUS 
 10.01 Amendments, Etc.
No amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by the Borrower or any other Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders and the
Borrower or the applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided,
however, that no such amendment, waiver or consent shall: 
 (a) waive any condition set forth in Section 4.01 without the written
consent of each Lender; 
 (b) extend or increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to Section 8.02)
without the written consent of such Lender (and any such increase other than as contemplated under Section 2.12 shall also require the written consent of the Required Lenders); 

(c) postpone any date fixed by this Agreement or any other Loan Document for any payment (excluding mandatory prepayments pursuant to
Section 2.03(b)) of principal, interest, fees or other amounts due to the Lenders (or any of them) or any scheduled or mandatory reduction of the Facility hereunder or under any other Loan Document without the written consent of each
Lender directly affected thereby; 
 (d) reduce the principal of, or the rate of interest specified herein on, any Loan, or (subject to clause (ii) of
the second proviso to this Section 10.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly affected thereby; provided, however, that only the
consent of the Required Lenders shall be necessary to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest at the Default Rate; 

(e) change (i) Section 8.03 in a manner that would alter the pro rata sharing of payments required thereby without the written consent of
each Lender, each Cash Management Bank and each Hedge Bank (solely to the extent adversely affected thereby) or (ii) the order of application of any reduction in the Commitments or any prepayment of Loans from the application thereof set forth
in the applicable provisions of Section 2.03 in any manner that materially and adversely affects the Lenders under the Facility without the written consent of each Lender directly affected thereby; 

(f) change any provision of this Section 10.01 or the definition of “Required Lenders” or any other provision hereof specifying the
number or percentage of Lenders required to 

  
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amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder without the written consent of each Lender; 

(g) release all or substantially all of the value of the Guaranty without the written consent of each Lender, except to the extent the release of any
Guarantor is permitted pursuant to Section 9.10 (in which case such release may be made by the Administrative Agent acting alone); 
 (h)
release all or substantially all of the Collateral in any transaction or series of related transactions, without the written consent of each Lender, except to the extent the release of any Collateral is permitted pursuant to Section 9.10
(in which case such release may be made by the Administrative Agent acting alone); 
 (i) impose any greater restriction on the ability of any Lender under
the Facility to assign any of its rights or obligations hereunder without the written consent of each Lender directly affected thereby; 
 and,
provided, further, that (i) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under
this Agreement or any other Loan Document; and (ii) the Engagement Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, no
Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the
consent of the applicable Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (y) any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lenders in a manner that is different from and more adverse than other affected Lenders shall require the consent of such Defaulting Lender. 

Notwithstanding anything to the contrary herein, at any time and from time to time, upon notice to the Administrative Agent (who shall promptly notify the
applicable Lenders) specifying in reasonable detail the proposed terms thereof, the Borrower may make one or more loan modification offers to all the Lenders under the Facility or under any then outstanding New Term Facility that would, if and to
the extent accepted by any such Lender, (a) extend the scheduled maturity date thereof and/or any amortization of the Loans thereunder and/or change the Applicable Rate (or similar component of the interest rate) payable with respect to the
Loans thereunder (in each case solely with respect to the Loans of accepting Lenders in respect of which an acceptance is actually delivered) and (b) treat the Loans so modified as a new “Facility” for all purposes under this
Agreement; provided that (i) such loan modification offer is made to each Lender under the applicable facility on the same terms and subject to the same procedures as are applicable to all other Lenders under such facility (which
procedures in any case shall be reasonably satisfactory to the Administrative Agent), (ii) immediately before and immediately after giving effect to the loan modification offered, no Event of Default pursuant to Section 

  
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8.01(a), (f) or (g) shall have occurred and be continuing and (iii) no loan modification shall affect the rights or duties of, or any fees or other amounts
payable to, the Administrative Agent without its prior written consent. 
 In connection with any such loan modification, the Borrower and each accepting
Lender shall execute and deliver to the Administrative Agent such agreements and other documentation as the Administrative Agent shall reasonably specify to evidence the acceptance of the applicable loan modification offer and the terms and
conditions thereof, and this Agreement and the other Loan Documents shall be amended in a writing (which need not be executed and delivered or otherwise approved by any Person other than the Borrower and the Administrative Agent, but in any case
such amendment shall be effective only with respect to the applicable Loans of Lenders that shall have accepted the relevant loan modification offer (and only with respect to Loans as to which any such Lender has accepted the loan modification
offer)) to the extent necessary or appropriate, in the judgment of the Administrative Agent, to reflect the existence of, and to give effect to the terms and conditions of, the applicable loan modification (including the addition of such modified
Loans as a “Facility” hereunder). No Lender shall have any obligation whatsoever to accept any loan modification offer, and may reject any such offer in its sole discretion. Notwithstanding the foregoing, no modification referred to above
shall become effective unless the Administrative Agent, to the extent reasonably requested by the Administrative Agent, shall have received legal opinions, board resolutions, officers’ certificates and/or reaffirmation agreements consistent
with those delivered on the Closing Date under Section 4.01 with respect to the Loan Parties. 
 10.02 Notices; Effectiveness; Electronic
Communication. 
 (a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and
except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by fax or
electronic mail as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to the Borrower or the Administrative Agent, to the address, fax number, electronic mail address or telephone number specified for such
Person on Schedule 10.02; and 
 (ii) if to any Lender, to the address, fax number, electronic mail address or telephone number
specified in its Administrative Questionnaire. 
 Notices and other communications sent by hand or overnight courier service, or mailed by certified or
registered mail, shall be deemed to have been given when received; notices and other communications sent by fax shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed
to have been given at the opening of business on the next business day for the recipient). Notices and other communications delivered through electronic 

  
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communications to the extent provided in subsection (b) below, shall be effective as provided in such subsection (b). 

(b) Electronic Communications. Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communication
(including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent. The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications. 

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the
sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement); provided that if such notice or other
communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient and (ii) notices or communications
posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available
and identifying the website address therefor. 
 (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT
PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND,
EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE
BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any Lender or any other Person for losses, claims,
damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower Materials through the Internet, except to the extent that such
losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted primarily from the gross negligence or willful misconduct of such Agent Party;
provided, however, that in no event shall any Agent Party have any liability to the Borrower, any Lender or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages).

 (d) Change of Address, Etc. Each of the Borrower and the Administrative Agent may change its address, fax or telephone number for notices and
other communications 

  
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hereunder by notice to the other parties hereto. Each Lender may change its address, fax or telephone number for notices and other communications hereunder by notice to the Borrower and the
Administrative Agent. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, fax number and electronic
mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all
times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance
procedures and applicable Law, including United States Federal and state securities Laws, to make reference to Borrower Materials that are not made available through the “Public Side Information” portion of the Platform and that may
contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state securities laws. 

(e) Reliance by Administrative Agent and Lenders. The Administrative Agent and the Lenders shall be entitled to rely and act upon any notices
(including telephonic Committed Loan Notices) purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice
specified herein or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Borrower shall indemnify the Administrative Agent, each Lender and the Related Parties of each of them from all losses, costs,
expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the
Administrative Agent, and each of the parties hereto hereby consents to such recording. 
 10.03 No Waiver; Cumulative Remedies; Enforcement. No
failure by any Lender or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right,
remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any
rights, remedies, powers and privileges provided by law. 
 Notwithstanding anything to the contrary contained herein or in any other Loan Document, the
authority to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be
instituted and maintained exclusively by, the Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders; provided, however, that the foregoing shall not prohibit (a) the Administrative
Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) any Lender from exercising setoff rights in accordance
with Section 10.08 (subject to the terms of Section 2.11) or (c) any 

  
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Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and
provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights otherwise ascribed to the Administrative
Agent pursuant to Section 8.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.11, any Lender may, with the consent of the Required
Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 
 10.04 Expenses; Indemnity; Damage Waiver. 

(a) Costs and Expenses. The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates
(including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the syndication of any credit facility provided for herein, the preparation, negotiation, execution, delivery and administration
of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated) and (ii) all out-of-pocket
expenses incurred by the Administrative Agent, the Arrangers or any Lender (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Arranger or any Lender), in connection with the enforcement or protection of
its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section 10.04, or (B) in connection with the Loans made hereunder, including all such out-of-pocket expenses
incurred during any workout, restructuring or negotiations in respect of such Loans. 
 (b) Indemnification by the Borrower. The Borrower shall
indemnify the Administrative Agent (and any sub-agent thereof), the Arrangers, each Lender and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee
harmless from, any and all losses, claims, damages, liabilities and related expenses (including the fees, charges and disbursements of any counsel for any Indemnitee), incurred by any Indemnitee or asserted against any Indemnitee by any third party
or by the Borrower or any other Loan Party arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the
performance by the parties hereto or thereto of their respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and
its Related Parties only, the administration of this Agreement and the other Loan Documents, (ii) any Loan or the use or proposed use of the proceeds therefrom, (iii) any actual or alleged presence or Release of Hazardous Materials on or
from any property currently or formerly owned or operated by the Borrower or any of its Subsidiaries, or any Environmental Liability related in any way to the Borrower or any of its Subsidiaries or (iv) any actual or prospective claim,
litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by the Borrower or any other Loan Party, and regardless of whether any Indemnitee is a

  
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party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by
a court of competent jurisdiction by final and nonappealable judgment to have resulted primarily from (i) the gross negligence or willful misconduct of such Indemnitee or (ii) its breach in bad faith of any of its funding obligations
hereunder. 
 (c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under
subsection (a) or (b) of this Section 10.04 to be paid by it to the Administrative Agent (or any sub-agent thereof) or any Related Party of the Administrative Agent (or any such sub-agent), each Lender severally agrees to pay
to the Administrative Agent (or any such sub-agent) or such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such
unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent) in its capacity
as such, or against any Related Party of the Administrative Agent (or any such sub-agent) acting for the Administrative Agent (or any such sub-agent) in connection with such capacity. The obligations of the Lenders under this subsection (c) are
subject to the provisions of Section 2.10(d). 
 (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by applicable
law, no party hereto shall assert, and each party to this Agreement hereby waives, any claim against any other party hereto on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages)
arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds thereof;
provided that the foregoing shall not limit or impair any indemnification in respect of any such claim payable by an Indemnitee to a third party in accordance with Section 10.04(b). No Indemnitee referred to in subsection
(b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other
information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting primarily from the gross negligence or willful
misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 
 (e) Payments. All amounts
due under this Section 10.04 shall be payable not later than thirty (30) days after demand therefor. 
 (f) Survival. The agreements
in this Section shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

  
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 10.05 Payments Set Aside. To the extent that any payment by or on behalf of the Borrower is made to the
Administrative Agent or any Lender, or the Administrative Agent or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential,
set aside or required (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief
Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not
occurred and (b) each Lender severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest thereon from the date
of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under clause (b) of the preceding sentence shall survive the payment in full of the
Obligations and the termination of this Agreement. 
 10.06 Successors and Assigns. 

(a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns permitted hereby, except that the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender
may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way of participation in accordance with the provisions
of subsection (d) of this Section or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section (and any other attempted assignment or transfer by any party hereto shall
be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Indemnitees to the extent provided in
Section 10.04, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of the Administrative Agent and each of the Lenders) any legal or equitable
right, remedy or claim under or by reason of this Agreement. 
 (b) Assignments by Lenders. Any Lender may at any time assign to one or more
assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided that any such assignment shall be subject to the following
conditions: 
 (i) Minimum Amounts. 

(A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment under the Facility and the Loans at
the time owing to it under the Facility or in the case of an assignment to a 

  
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Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for this purpose includes
Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and Assumption with respect
to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall be in an integral multiple of, and not less than, $1,000,000, unless each of the
Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld, conditioned or delayed); provided, however, that concurrent
assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes
of determining whether such minimum amount has been met. 
 (ii) Proportionate Amounts. Each partial assignment shall be made as an
assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loans or the Commitment assigned; 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required by subsection (b)(i)(B) of this
Section and, in addition: 
 (A) the consent of the Borrower (such consent not to be unreasonably withheld, conditioned or delayed) shall be
required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund or (3) such assignment occurs during the initial
primary syndication of the Facility after consultation with the Borrower; provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within
five Business Days after having received notice thereof; and 
 (B) the consent of the Administrative Agent (such consent not to be
unreasonably withheld or delayed) shall be required for assignments in respect of (1) any Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the Facility, an Affiliate of such Lender or an Approved
Fund with respect to such Lender or (2) any Loan to a Person that is not a Lender, an Affiliate of a Lender or an Approved Fund. 

  
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 (iv) Assignment and Assumption. The parties to each assignment shall (A) execute and
deliver to the Administrative Agent an Assignment and Assumption via an electronic settlement system acceptable to the Administrative Agent or (B) if previously agreed with the Administrative Agent, manually execute and deliver to the
Administrative Agent an Assignment and Assumption, in each case, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive or reduce such
processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire and all applicable tax forms; 

(v) No Assignment to Certain Persons. No such assignment shall be made (A) to the Borrower or any of the Borrower’s Affiliates
or Subsidiaries or (B) to a Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B); 

(vi) No Assignment to Natural Persons. No such assignment shall be made to a natural person; and 

(vii) Certain Additional Payments. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no
such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon
distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent,
the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then
owed by such Defaulting Lender to the Administrative Agent or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans in accordance with its Applicable Percentage.
Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of
such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 
 Subject to acceptance and
recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the
extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption,
be released from its obligations under this Agreement (and, in the case of an 

  
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Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled
to the benefits of Sections 3.01, 3.04, 3.05, and 10.04 with respect to facts and circumstances occurring prior to the effective date of such assignment. Upon request, the Borrower (at its expense) shall execute and
deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a
participation in such rights and obligations in accordance with subsection (d) of this Section. 
 (c) Register. The Administrative Agent,
acting solely for this purpose as an agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it and a register for the
recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts of (and stated interest on) the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The
entries in the Register shall be conclusive, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this
Agreement, notwithstanding notice to the contrary. In addition, the Administrative Agent shall maintain on the Register information regarding the designation, and revocation of designation, of any Lender as a Defaulting Lender. The Register shall be
available for inspection by the Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior notice. Upon its receipt of, and consent to, a duly completed Assignment and Assumption executed by an assigning Lender and
an assignee, an Administrative Questionnaire completed in respect of the assignee (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) above, if applicable, and the written
consent of the Administrative Agent and, if required, the Borrower, to such assignment and any applicable tax forms, the Administrative Agent shall (i) accept such Assignment and Acceptance and (ii) promptly record the information
contained therein in the Register. No assignment shall be effective unless it has been recorded in the Register as provided in this paragraph (c). 
 (d)
Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any Person (other than a natural person, a Defaulting Lender or the Borrower or any of the
Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing to
it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and
(iii) the Borrower, the Administrative Agent and the Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement or instrument pursuant to
which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such
agreement or instrument may provide that such Lender will not, 

  
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without the consent of the Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 10.01 that affects such Participant. Subject to
subsection (e) of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by
assignment pursuant to subsection (b) of this Section. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender; provided that such Participant agrees
to be subject to Section 2.11 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an agent of the Borrower, maintain a register on which it enters the name and address of each
Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any
obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, or its other obligations under any Loan
Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries
in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding
any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(e) Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 3.01 or
3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A
Participant shall not be entitled to the benefits of Section 3.01 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with
Section 3.01(e) as though it were a Lender. 
 (f) Certain Pledges. Any Lender may at any time pledge or assign a security interest in
all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or
assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

10.07 Treatment of Certain Information; Confidentiality. The Administrative Agent and each of the Lenders agrees to maintain the confidentiality of the
Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, trustees, advisors and representatives, including
any numbering, administration or settlement service providers (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information
confidential), (b) to the extent requested by any regulatory authority  

  
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purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws
or regulations or by any subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this
Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, which shall require “click through” or other
affirmative action on the part of the recipient to access such information, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or any Eligible
Assignee invited to be a Lender pursuant to Section 2.12 or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent
of the Borrower or (h) to the extent such Information (x) becomes publicly available other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender or any of their respective
Affiliates on a nonconfidential basis from a source other than the Borrower. 
 For purposes of this Section, “Information” means all
information received from the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent or any Lender on a
nonconfidential basis prior to disclosure by the Borrower or any Subsidiary; provided that, in the case of information received from the Borrower or any Subsidiary after the date hereof, such information is clearly identified at the time of
delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to
maintain the confidentiality of such Information as such Person would accord to its own confidential information. 
 The Administrative Agent and each of
the Lenders acknowledges that (a) the Information may include material non-public information concerning the Borrower or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public
information and (c) it will handle such material non-public information in accordance with applicable Law, including United States Federal and state securities Laws. 

10.08 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender and its Affiliates is hereby authorized at any
time and from time to time, after obtaining the prior written consent of the Administrative Agent, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or
final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender or any such Affiliate to or for the credit or the account of the Borrower against any and all of the obligations of the
Borrower now or hereafter existing under this Agreement or any other Loan Document to such Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations of
the Borrower may be contingent or unmatured or are owed to a branch or  

  
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office of such Lender different from the branch or office holding such deposit or obligated on such indebtedness; provided that in the event that any Defaulting Lender shall exercise any
such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.13 and, pending such payment, shall be segregated by
such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent and the Lenders and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in
reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender and its Affiliates under this Section are in addition to other rights and remedies (including other rights of
setoff) that such Lender or its Affiliates may have. Each Lender agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided that the failure to give such notice shall not affect the
validity of such setoff and application. 
 10.09 Interest Rate Limitation. Notwithstanding anything to the contrary contained in any Loan Document,
the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive
interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged or
received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee or premium rather than interest,
(b) exclude voluntary prepayments and the effects thereof and (c) amortize, prorate, allocate and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

10.10 Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto in different
counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents constitute the entire contract among the parties relating to the subject
matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. This Agreement shall become effective when it shall have been executed by the Administrative Agent and when the
Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement by fax, electronic mail or
other electronic imaging means shall be effective as delivery of a manually executed counterpart of this Agreement. 
 10.11 Survival of
Representations and Warranties. All representations and warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and
delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and each Lender, regardless of any investigation  

  
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made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time any
Loan was made, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied. 

10.12 Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or unenforceable, then, to the
fullest extent permitted by law, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good
faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision
in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 10.12, if and to the extent that the enforceability of any
provisions in this Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, then such provisions shall be deemed to be in effect only to the extent not so limited. 

10.13 Replacement of Lenders. If any Lender requests compensation under Sections 3.01 or 3.04, or if the Borrower is required to pay any
additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender is a Defaulting Lender or Non-Consenting Lender, then the Borrower may, at its sole expense and
effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 10.06), all
of its interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a) the Borrower shall have paid to the Administrative Agent the assignment fee specified in Section 10.06(b); 

(b) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon and all other amounts
payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05) from the assignee (to the extent of such outstanding principal and accrued interest) or the Borrower (in the case of all other
amounts); 
 (c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made
pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter; and 
 (d) such assignment
does not conflict with applicable Laws. 

  
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 A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a
waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
 10.14 Governing
Law; Jurisdiction; Etc. 
 (a) GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, UNLESS OTHERWISE EXPRESSLY SET FORTH THEREIN, SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 (b) SUBMISSION TO JURISDICTION. THE BORROWER IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE
COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES
THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL
JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT
THAT THE ADMINISTRATIVE AGENT OR ANY LENDER MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(c) WAIVER OF VENUE. THE BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY
NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

(d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN

  
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SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

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

10.16 No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction contemplated hereby (including in connection with any
amendment, waiver or other modification hereof or of any other Loan Document), the Borrower acknowledges and agrees that: (i) (A) the arranging and other services regarding this Agreement provided by the Administrative Agent and the
Arrangers are arm’s-length commercial transactions between the Borrower and its Affiliates, on the one hand, and the Administrative Agent and the Arrangers, on the other hand, (B) the Borrower has consulted its own legal, accounting,
regulatory and tax advisors to the extent it has deemed appropriate and (C) the Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan
Documents; (ii) (A) the Administrative Agent and each of the Arrangers is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an
advisor, agent or fiduciary for the Borrower or any of its Affiliates, or any other Person and (B) none of the Administrative Agent or any of the Arrangers has any obligation to the Borrower or any of its Affiliates with respect to the
transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (iii) the Administrative Agent and the Arrangers and their respective Affiliates may be engaged in a broad range of
transactions that involve interests that differ from those of the Borrower and its Affiliates, and none of the Administrative Agent or any of the Arrangers has any obligation to disclose any of such interests to the Borrower or its Affiliates. To
the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it may have against the Administrative Agent and the Arrangers with respect to any breach or alleged breach of agency or fiduciary duty in connection with
any aspect of any transaction contemplated hereby. 
 10.17 Electronic Execution of Assignments and Certain Other Documents. The words
“execution”, “signed”, “signature” and words of like import in any Assignment 

  
 121 

 
and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic signatures or the keeping of records in electronic form,
each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the
Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act or any other similar state laws based on the Uniform Electronic Transactions Act. 

10.18 USA PATRIOT Act. Each Lender that is subject to the PATRIOT Act (as hereinafter defined) and the Administrative Agent (for itself and not on
behalf of any Lender) hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “PATRIOT Act”), it is required to obtain, verify
and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender or the Administrative Agent, as applicable, to identify the Borrower in accordance
with the PATRIOT Act. The Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply with its
ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act. 
 10.19
Intercreditor Agreement. Each of the Lenders and the other Secured Parties (a) acknowledges that it has received a copy of the Intercreditor Agreement, (b) consents to the terms of the Intercreditor Agreement, (c) authorizes and
instructs the Administrative Agent to enter into the Intercreditor Agreement and (d) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement. In the event of any conflict between the
terms of the Intercreditor Agreement and the other Loan Documents, the terms of the Intercreditor Agreement shall govern and control. 

[Remainder of this page intentionally left blank] 

  
 122 

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

			
	DIAMOND FOODS, INC.
		
	By:	 	 /s/ Raymond Silcock

	Name:	 	Raymond Silcock
	Title:	 	 Executive Vice President and
 Chief Financial
Officer

 Signature Page to Credit Agreement 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
	 As Lender, Administrative Agent
 and
Collateral Agent

		
	By:	 	 /s/ Judith Smith

	Name:	 	Judith Smith
	Title:	 	Authorized Signatory
		
	By:	 	 /s/ Michael D’Onofrio

	Name:	 	Michael D’Onofrio
	Title:	 	Authorized Signatory

 Signature Page to Credit Agreement 

 Schedule 1.1 

As used in the Agreement, the following terms shall have the following definitions: 

“ABL Guaranty Agreement” means a guaranty agreement, dated as of even date with the Agreement, in form and substance
reasonably satisfactory to Agent, executed and delivered by each of the Guarantors to Agent, as amended, restated, supplemented or otherwise modified from time to time. 

“ABL Collateral Agreement” means a collateral agreement, dated as of even date with the Agreement, in form and substance
reasonably satisfactory to Agent, executed and delivered by Borrower, each of the Guarantors and KFH to Agent, as amended, restated, supplemented or otherwise modified from time to time. 

“ABL Priority Collateral” has the meaning specified therefor in the Intercreditor Agreement. 

“Account” means an account (as that term is defined in the Code). 

“Account Debtor” means any Person who is obligated on an Account, chattel paper, or a general intangible. 

“Accounting Changes” means changes in accounting principles required by the promulgation of any rule, regulation,
pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants (or successor thereto or any agency with similar functions). 

“Administrative Questionnaire” has the meaning specified therefor in Section 14.1(a) of the Agreement. 

“Affected Lender” has the meaning specified therefor in Section 2.13(b) of the Agreement. 

“Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Agent” has the
meaning specified therefor in the preamble to the Agreement. 
 “Agent-Related Persons” means Agent, together with its
Affiliates, officers, directors, employees, attorneys, and agents. 
 “Agent’s Account” means the Deposit Account of
Agent identified on Schedule A-1 to the Agreement (or such other Deposit Account of Agent that has been designated as such, in writing, by Agent to Borrower and the Lenders). 

“Agent’s Liens” means the Liens granted by Borrower or its Subsidiaries to Agent under the Loan Documents and securing
the Obligations. 
 “Agreement” means the Credit Agreement to which this Schedule 1.1 is attached. 

“Applicable Margin” means, as of any date of determination and with respect to Base Rate Loans or LIBOR Rate Loans, as
applicable, the applicable margin set forth in the following table 

 
that corresponds to the Average Daily Net Availability of Borrower for the most recently completed fiscal quarter; provided, that for the period from the Closing Date through and including
March 31, 2014, the Applicable Margin shall be set at the margin in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Margin shall be set at the margin
in the row styled “Level I”: 
  

							
	 Level
	 	 Average Daily Net

Availability
	 	 Applicable Margin

Relative to Base Rate

Loans (the “Base Rate

Margin”)
	 	 Applicable Margin

Relative to LIBOR Rate

Loans (the “LIBOR Rate

Margin”)

	 I
	 	< $43,750,000	 	1.00 percentage points	 	2.00 percentage points
	 II
	 	< $93,750,000 and > $43,750,000	 	0.75 percentage points	 	1.75 percentage points
	 III
	 	> $93,750,000	 	0.50 percentage points	 	1.50 percentage points

 The Applicable Margin shall be re-determined as of the first day of each fiscal quarter of Borrower. 

“Applicable Unused Line Fee Percentage” means, as of any date of determination, the applicable percentage set forth in the
following table that corresponds to the Average Daily Net Availability of Borrower for the most recently completed fiscal quarter; provided, that for the period from the Closing Date through and including March 31, 2014, the Applicable
Unused Line Fee Percentage shall be set at the rate in the row styled “Level II”; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the
margin in the row styled “Level I”: 
  

					
	 Level
	 	 Average Daily Net Availability
	 	 Applicable Unused Line Fee

Percentage

	 I
	 	> $62,500,000	 	0.50 percentage points
	 II
	 	< $62,500,000	 	0.375 percentage points

 The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal quarter by
Agent. 
 “Application Event” means the occurrence of (a) a failure by Borrower to repay all of the Obligations in
full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(ii) of the Agreement. 

“Assignee” has the meaning specified therefor in Section 14.1(a) of the Agreement. 

“Assignment and Acceptance” means an Assignment and Acceptance Agreement substantially in the form of Exhibit A-1 to
the Agreement. 

  
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 “Attributable Indebtedness” means, on any date, in respect of any capital lease
of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP. 

“Audited Financial Statements” means the collective reference to the audited consolidated balance sheet of the Borrower and
its Subsidiaries as of, and the related consolidated statements of operations, stockholders’ equity and cash flows for the fiscal years ended July 31, 2011, July 31, 2012 and July 31, 2013 (as corrected in the Borrower’s
Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2013 filed with the SEC) of the Borrower and its Subsidiaries, including the notes thereto. 

“Authorized Person” means any one of the individuals identified on Schedule A-2 to the Agreement, as such schedule is
updated from time to time by written notice from Borrower to Agent. 
 “Availability” means, as of any date of
determination, the amount that Borrower is entitled to borrow as Revolving Loans under Section 2.1 of the Agreement (after giving effect to the then outstanding Revolver Usage). 

“Average Daily Net Availability” means, with respect to any date of determination, the average daily amount, calculated as of
the close of business on each day, for the preceding fiscal quarter of the lesser of (a) the amount by which the Borrowing Base exceeds the Revolver Usage and (b) the amount by which the Maximum Revolver Amount exceeds the Revolver Usage.

 “Bank Product” means any one or more of the following financial products or accommodations extended to Borrower or any
of its Subsidiaries by a Bank Product Provider: (a) credit cards (including commercial cards (including so-called “purchase cards”, “procurement cards” or “p-cards”)), (b) credit card processing services,
(c) debit cards, (d) stored value cards, (e) Cash Management Services, or (f) transactions under Hedge Agreements. 

“Bank Product Agreements” means those agreements entered into from time to time by Borrower or any of its Subsidiaries with a
Bank Product Provider in connection with the obtaining of any of the Bank Products. 
 “Bank Product Collateralization”
means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy
the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations). 

“Bank Product Obligations” means (a) all obligations, liabilities, reimbursement obligations, fees, or expenses owing by
Borrower or its Subsidiaries to any Bank Product Provider pursuant to or evidenced by a Bank Product Agreement and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now
existing or hereafter arising, (b) all Hedge Obligations, and (c) all amounts that Agent or any Lender is obligated to pay to a Bank Product Provider as a result of Agent or such Lender purchasing participations from, or executing
guarantees or indemnities or reimbursement obligations to, a Bank Product Provider with respect to the Bank Products provided by such Bank Product Provider to Borrower or any of its Subsidiaries. 

“Bank Product Provider” means any Person who at the time of providing Bank Products was a Lender or an Affiliate of a Lender,
including Wells Fargo or any of its Affiliates, in its capacity as a 

  
 - 5 - 

 
provider of such Bank Products, and including each of the foregoing in its capacity, if applicable, as a Hedge Provider. 

“Bank Product Reserves” means, as of any date of determination, those reserves that Agent in the exercise of its Permitted
Discretion deems necessary or appropriate to establish (based upon the Bank Product Providers’ determination of the liabilities and obligations of Borrower and its Subsidiaries in respect of Bank Product Obligations) in respect of Bank Products
then provided or outstanding. 
 “Bankruptcy Code” means title 11 of the United States Code, as in effect from time to
time. 
 “Base Rate” means the greatest of (a) the Federal Funds Rate plus
 1⁄2%, (b) the LIBOR Rate (which rate shall be calculated based upon an Interest Period of 1 month and shall be determined on a daily basis), plus 1
percentage point, and (c) the rate of interest announced, from time to time, by Wells Fargo at its principal office in San Francisco as its “prime rate”, with the understanding that the “prime rate” is one of Wells
Fargo’s base rates (not necessarily the lowest of such rates) and serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto and is evidenced by the recording thereof after its
announcement in such internal publications as Wells Fargo may designate. 
 “Base Rate Loan” means each portion of the
Revolving Loans that bears interest at a rate determined by reference to the Base Rate. 
 “Base Rate Margin” has the
meaning set forth in the definition of Applicable Margin. 
 “Benefit Plan” means a “defined benefit plan” (as
defined in Section 3(35) of ERISA) for which Borrower or any of its Subsidiaries or ERISA Affiliates has been an “employer” (as defined in Section 3(5) of ERISA) within the past six years. 

“Board of Directors” means, as to any Person, the board of directors (or comparable managers) of such Person, or any
committee thereof duly authorized to act on behalf of the board of directors (or comparable managers). 
 “Board of
Governors” means the Board of Governors of the Federal Reserve System of the United States (or any successor). 

“Borrower” has the meaning specified therefor in the preamble to the Agreement. 

“Borrower Materials” has the meaning specified therefor in Section 6.2 of the Agreement. 

“Borrowing” means a borrowing consisting of Revolving Loans made on the same day by the Lenders (or Agent on behalf thereof),
or by Swing Lender in the case of a Swing Loan, or by Agent in the case of an Extraordinary Advance. 
 “Borrowing Base”
means, as of any date of determination, the result of: 
 (a) 85% of the amount of Eligible Accounts, plus 

  
 - 6 - 

 (b) the lesser of (A) the product of 70% multiplied by the value (calculated
at the lower of cost or market on a basis consistent with Borrower’s historical accounting practices) of Eligible Inventory at such time, and (B) the product of 85% multiplied by the Net Recovery Percentage identified in the most recent
inventory appraisal ordered and obtained by Agent multiplied by the value (calculated at the lower of cost or market on a basis consistent with the Borrower’s historical accounting practices) of Eligible Inventory at such time, minus

 (c) the aggregate amount of reserves, if any, established by Agent under Section 2.1(c) of the Agreement. 

“Borrowing Base Certificate” means a certificate in the form of Exhibit B-1. 

“Business Day” means any day that is not a Saturday, Sunday, or other day on which banks are authorized or required to close
in the state of New York, except that, if a determination of a Business Day shall relate to a LIBOR Rate Loan, the term “Business Day” also shall exclude any day on which banks are closed for dealings in Dollar deposits in the London
interbank market. 
 “California Producer’s Lien Statute” means California Food and Agriculture Code Section
§55631 et seq., as amended, or any successor statute thereto. 
 “Capital Expenditures” means, with respect to any
Person for any period, any expenditure in respect of the purchase or other acquisition or maintenance of any fixed or capital asset, in each case, that are capitalized in accordance with GAAP. 

“Capital Lease” means a lease that is required to be capitalized for financial reporting purposes in accordance with GAAP.

 “Cash Dominion Period” means any period during which cash is swept out of the Deposit Accounts subject to a Control
Agreement and applied against the outstanding Loans, on a daily basis, pursuant to Section 5.19 of the Agreement. 

“Cash Equivalents” means any of the following types of Investments, to the extent owned by the Borrower or any of its
Subsidiaries free and clear of all Liens (other than Liens created under the Collateral Documents and other Liens permitted hereunder): 

(a) readily marketable obligations issued or directly and fully guaranteed or insured by the United States of America or any agency or
instrumentality thereof having maturities of not more than 360 days from the date of acquisition thereof; provided that the full faith and credit of the United States of America is pledged in support thereof; 

(b) time deposits with, or insured certificates of deposit or bankers’ acceptances of, any commercial bank that (i) (A) is a
Lender or (B) is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal banking subsidiary of a bank holding company organized under the laws of the United States of America,
any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the parent of which issues) commercial paper rated as described in clause (c) of this definition and (iii) has combined
capital and surplus of at least $1,000,000,000, in each case with maturities of not more than 365 days from the date of acquisition thereof; 

  
 - 7 - 

 (c) commercial paper issued by any Person organized under the laws of any state of the United
States of America and maturing no more than 365 days from the time of the acquisition thereof, and having, at the time of acquisition thereof, a rating of A-1 (or the then equivalent grade) or better from S&P or P-1 (or the then equivalent
grade) or better from Moody’s; and 
 (d) Investments, classified in accordance with GAAP as current assets of the Borrower or any of
its Subsidiaries, in money market investment programs registered under the Investment Company Act of 1940, which are administered by financial institutions that have the highest rating obtainable from either Moody’s or S&P, and the
portfolios of which are limited solely to Investments of the character, quality and maturity described in clauses (a), (b) and (c) of this definition. 

“Cash Management Services” means any cash management or related services including treasury, depository, return items,
overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds
transfers through the direct Federal Reserve Fedline system) and other customary cash management arrangements. 
 “CFC”
means (a) each Person that is a “controlled foreign corporation” for purposes of the IRC; (b) each Subsidiary of any such Person described in clause (a); and (c) any Domestic Subsidiary that has no material assets other than
Equity Interests of one or more CFCs. 
 “CFC HoldCo” means each of DKFA and KFH for so long as such Subsidiary
(a) holds Equity Interests in at least one Subsidiary that is a CFC or a CFC Holdco and (b) does not Guarantee any Indebtedness of the Borrower or any of its Domestic Subsidiaries. 

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

(a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as
amended, but excluding any employee benefit plan of the Borrower or its Subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner”
(as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, as amended, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire,
whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of the Relevant Percentage or more of the equity securities of the Borrower entitled to vote
for members of the board of directors or equivalent governing body of the Borrower on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); 

(b) during any period of 12 consecutive months, a majority of the members of the board of directors or other equivalent governing body of the
Borrower ceases to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to that board or equivalent governing body was approved by
individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or other equivalent
governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body (excluding, in the case of both
clause (ii) and clause (iii), any individual whose initial nomination for, or assumption of office as, a member of that board or equivalent governing body occurs as a result of an actual or threatened solicitation of proxies or consents for the
election or removal of one or more directors 

  
 - 8 - 

 
by any person or group other than a solicitation for the election of one or more directors by or on behalf of the board of directors); or 

(c) any “Change of Control” (or any comparable term) as defined in the Indenture, the CS Term Loan Agreement, any Permitted Ratio
Debt or the documentation governing any Permitted Refinancing of any of the foregoing (or successive Permitted Refinancings thereof). 
 For
purposes of this definition, “Relevant Percentage” means (i) if the relevant “person” with respect to which this definition is being tested is a Person that “beneficially owns” 10% or more of Borrower’s
outstanding voting securities as of the Closing Date (without giving effect to any “beneficial ownership” attributed to such Person by virtue of its membership in a “group”) (any such Person, a “Specified Person”) 45%,
(ii) if a majority of such “beneficial ownership” of the relevant “group” with respect to which this definition is being tested is held (without giving effect to the existence of such “group”) by any Specified
Person or any of its Affiliates, 45% and (iii) in all other cases, 35%. 
 “Change in Law” means the occurrence after
the date of the Agreement of: (a) the adoption or effectiveness of any law, rule, regulation, judicial ruling, judgment or treaty, (b) any change in any law, rule, regulation, judicial ruling, judgment or treaty or in the administration,
interpretation, implementation or application by any Governmental Authority of any law, rule, regulation, guideline or treaty, or (c) the making or issuance by any Governmental Authority of any request, rule, guideline or directive, whether or
not having the force of law; provided that notwithstanding anything in the Agreement to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in
connection therewith and (ii) all requests, rules, guidelines or directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or
the United States or foreign regulatory authorities shall, in each case, be deemed to be a “Change in Law,” regardless of the date enacted, adopted or issued. 

“Closing Date” means the date of the making of the initial Revolving Loan (or other extension of credit) under the Agreement
or, if earlier, the date of the satisfaction of the conditions precedent in Section 3.1 of the Agreement. 

“Code” or “UCC” means the New York Uniform Commercial Code, as in effect from time to time; provided
that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “Code”
or “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 

“Collateral” means all assets and interests in assets and proceeds thereof now owned or hereafter acquired by Borrower or its
Subsidiaries in or upon which a Lien is granted by such Person in favor of Agent or the Lenders under any of the Loan Documents. 

“Collateral Access Agreement” means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor,
warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in Borrower’s or its Subsidiaries’ books and records, Equipment, or Inventory, in each case, in form and substance
reasonably satisfactory to Agent. 
 “Collateral Documents” means, collectively, the ABL Collateral Agreement, the
Mortgages, the IP Security Agreements, each of the mortgages, collateral assignments, supplements to all 

  
 - 9 - 

 
of the foregoing, security agreements, pledge agreements or other similar agreements delivered to the Agent pursuant to Section 6.12, and each of the other agreements, instruments or
documents that creates or purports to create a Lien in favor of the Agent for the benefit of the Secured Parties, in each case, as amended, restated, supplemented or otherwise modified from time to time. 

“Commitment” means, with respect to each Revolving Lender, its Commitment, and, with respect to all Revolving Lenders, their
Commitments, in each case as such Dollar amounts are set forth beside such Revolving Lender’s name under the applicable heading on Schedule C-1 to the Agreement or in the Assignment and Acceptance pursuant to which such Revolving Lender
became a Revolving Lender under the Agreement, as such amounts may be reduced or increased from time to time pursuant to assignments made in accordance with the provisions of Section 13.1 of the Agreement. 

“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any
successor statute. 
 “Compliance Certificate” means a certificate substantially in the form of Exhibit C-1 to the
Agreement delivered by the chief financial officer of Borrower to Agent. 
 “Confidential Information” has the meaning
specified therefor in Section 18.9(a) of the Agreement. 
 “Consolidated Current Assets” means, as at any date
of determination, the total assets of a Person and its Subsidiaries on a consolidated basis that may properly be classified as current assets in conformity with GAAP, excluding cash and cash equivalents. 

“Consolidated Current Liabilities” means, as at any date of determination, the total liabilities of a Person and its
Subsidiaries on a consolidated basis that may properly be classified as current liabilities in conformity with GAAP, excluding the current portion of long term debt. 

“Consolidated EBITDA” means, at any date of determination, an amount equal to Consolidated Net Income of the Borrower and its
Subsidiaries on a consolidated basis, for the most recently completed Measurement Period plus the following, without duplication, to the extent deducted in calculating such Consolidated Net Income: (a) Consolidated Interest Charges,
(b) the provision for Federal, state, local and foreign income taxes payable (calculated net of Federal, state, local and foreign income tax credits), (c) depreciation and amortization expenses, (d) other net after-tax non-recurring
expenses reducing such Consolidated Net Income (excluding any write off or writedown or reserves with respect to current assets but including, for the avoidance of doubt, mark-to-market adjustments relating to, and non-recurring expenses arising
from the exercise of, the Warrant), (e) non-cash charges or expenses related to stock-based compensation, (f) non-cash charges in connection with Permitted Acquisitions, (g) the amount of purchase price and related transaction costs
of any acquisition, whether or not consummated, required to be expensed during such period that would otherwise have been classified as goodwill prior to the implementation of FAS 141R; (h) restructuring or business optimization charges, costs
and expenses, including, without limitation, facility closure and relocation costs and fees and expenses of operational or restructuring consultants and advisors, including without limitation, human resources consultants; provided that the
aggregate amount of add backs made pursuant to this clause (h) when added to the aggregate amount of add backs made pursuant to clause (i) below, shall not exceed an amount equal to 25% of Consolidated EBITDA for the most recently
completed Measurement Period prior to the determination date (and such determination shall be made prior to the making of, and without giving effect to, any adjustments pursuant to this clause (h) or clause (i) below); (i) the amount
of net cost savings, net operating expense reductions and other net operating improvements projected by the Borrower in good faith to be realized (calculated on a Pro Forma Basis) as a result of actions taken or to

  
 - 10 - 

 
be taken in connection with any acquisition or disposition by the Borrower or any of its Subsidiaries, net of the amount of actual benefits realized during such period that are otherwise included
in the calculation of Consolidated EBITDA from such actions; provided that (A) a duly completed certificate signed by a Responsible Officer of the Borrower shall be delivered to the Agent together with the Compliance Certificate required
to be delivered pursuant to Section 6.2, certifying that (x) such cost savings, operating expense reductions and operating improvements are factually supportable and (y) such actions have been taken or are to be taken
within 12 months after the consummation of the acquisition or disposition that is expected to result in such cost savings, expense reductions or operating improvements, (B) no cost savings, operating expense reductions or operating improvements
shall be added pursuant to this clause (i) to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income, whether through a pro forma adjustment or otherwise, for such period, (C) projected (and not yet
realized) amounts may no longer be added in calculating Consolidated EBITDA pursuant to this clause (i) to the extent occurring more than four full fiscal quarters after the specified action taken in order to realize such projected cost
savings, operating expense reductions or operating improvements and (D) the aggregate amount of add backs made pursuant to this clause (i), when added to the aggregate amount of add backs made pursuant to clause (h) above, shall not exceed
an amount equal to 25% of Consolidated EBITDA for the most recently completed Measurement Period prior to the determination date (and such determination shall be made prior to the making of, and without giving effect to, any adjustments pursuant to
this clause (i) or clause (h) above; and (j) non-cash losses in connection with the exercise of the Warrant. 

Notwithstanding anything to the contrary, Consolidated EBITDA (before giving effect to any pro forma adjustments or other adjustments, in each
case as contemplated in the definition of Pro Forma Basis) shall be deemed to be (i) $22.9 million for the fiscal quarter ended January 31, 2013, (ii) $23.2 million for the fiscal quarter ended April 30, 2013, (iii) $24.6
million for the fiscal quarter ended July 31, 2013 and (iv) $29.1 million for the fiscal quarter ended October 31, 2013. 

“Consolidated Excess Cash Flow” means, for any fiscal year of the Borrower and its Subsidiaries on a consolidated basis, an
amount (if positive) equal to the sum, without duplication, of (a) Consolidated EBITDA, plus (b) the amount of any decrease in Consolidated Working Capital for such fiscal year, minus (c) the amount of any increase in
Consolidated Working Capital for such fiscal year, minus (d) consolidated Capital Expenditures paid in cash (except to the extent made with the proceeds of an incurrence of Indebtedness (other than the Loans) or an issuance or sale of
Equity Interests), that are (A) actually made during such fiscal year or (B) at the option of the Borrower, committed to be made pursuant to a Contractual Obligation although not actually made during such fiscal year; provided that
(x) if any Capital Expenditures are deducted from Consolidated Excess Cash Flow pursuant to clause (B) above, such amount shall be added to Consolidated Excess Cash Flow for the immediately succeeding fiscal year of the Borrower if the
expenditure is not actually made within such succeeding fiscal year and (y) no deduction shall be taken in such succeeding fiscal year when such amounts deducted pursuant to clause (B) above are actually spent, minus (e) the
cash portion of Consolidated Interest Charges minus (f) cash income taxes paid minus (g) scheduled principal repayments, to the extent actually made, of (i) CS Term Loans pursuant to Section 2.05 of the CS
Term Loan Agreement and (ii) other Indebtedness (including the principal component of capitalized leases) (in each case other than to the extent that any such repayment is funded with the proceeds of an incurrence of Indebtedness (other than
the Loans) or an issuance or sale of Equity Interests), minus (h) the amount of any charges or expenses described in clauses (e) through (h) of the definition of Consolidated EBITDA that are paid (or reasonably expected to be
paid) in cash, minus (i) the amount of any cash expenditures made in connection with Permitted Acquisitions and Investments in non-Affiliates of the Borrower permitted pursuant to Sections 7.2(f), (n), (t) and
(u) of the Agreement (other than to the extent that any such cash expenditure is funded with the proceeds of an incurrence of Indebtedness or an issuance or sale of Equity Interests). 

  
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 “Consolidated Funded Indebtedness” means, as of any date of determination, for
the Borrower and its Subsidiaries on a consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by
bonds, debentures, notes, loan agreements or other similar instruments, (b) all purchase money Indebtedness, (c) all direct non-contingent obligations arising in connection with letters of credit (including standby and commercial),
bankers’ acceptances, bank guaranties, surety bonds and similar instruments, (d) Attributable Indebtedness in respect of capital leases and (e) all Indebtedness of the types referred to in clauses (a) through (d) above of
any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made
non-recourse to the Borrower or such Subsidiary. 
 “Consolidated Interest Charges” means, for any Measurement Period, the
sum of (a) all interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest), in each case to the extent treated as interest in accordance with GAAP,
(b) all interest paid or payable with respect to discontinued operations and (c) the portion of rent expense under capitalized leases that is treated as interest in accordance with GAAP, in each case, of or by the Borrower and its
Subsidiaries on a consolidated basis for the most recently completed Measurement Period. 
 “Consolidated Leverage Ratio”
means, as of the last day of the most recently completed Measurement Period, the ratio of (a) Consolidated Funded Indebtedness as of such date (less the unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries as of such
date) to (b) Consolidated EBITDA for such Measurement Period. 
 “Consolidated Net Income” means, at any date of
determination, the net income (or loss) of the Borrower and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period; provided that Consolidated Net Income shall exclude (a) extraordinary gains and
extraordinary losses for such Measurement Period, (b) the net income of any Subsidiary during such Measurement Period to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary of such income is not
permitted by operation of the terms of its Organization Documents or any agreement, instrument or Law applicable to such Subsidiary during such Measurement Period, except that the Borrower’s equity in any net loss of any such Subsidiary for
such Measurement Period shall be included in determining Consolidated Net Income and (c) any income (or loss) for such Measurement Period of any Person if such Person is not a Subsidiary, except that the Borrower’s equity in the net income
of any such Person for such Measurement Period shall be included in Consolidated Net Income up to the aggregate amount of cash actually distributed by such Person during such Measurement Period to the Borrower or a Subsidiary as a dividend or other
distribution (and in the case of a dividend or other distribution to a Subsidiary, such Subsidiary is not precluded from further distributing such amount to the Borrower as described in clause (b) of this proviso). 

“Consolidated Net Tangible Assets” means, as of any date of determination, the total amount of assets that would be included
on a consolidated balance sheet of the Borrower and its Subsidiaries under GAAP (less applicable reserves and other properly deductible items) after deducting therefrom: (1) all short-term liabilities, except for liabilities payable by their
terms more than one year from the date of determination (or renewable or extendible at the option of the obligor for a period ending more than one year after such date) and liabilities in respect of retiree benefits other than pensions for which the
Borrower and its Subsidiaries are required to accrue pursuant to Accounting Standards Codification 715-60 (or any successor provision); (2) Investments in Subsidiaries; and (3) all goodwill, trade names, trademarks, patents, unamortized
debt discount, unamortized expense incurred in the issuance of Indebtedness and other intangible assets, all as of the date of the most recent financial 

  
 - 12 - 

 
statements delivered pursuant to Section 6.1 (or prior to any such delivery, as of October 31, 2013); provided that Consolidated Tangible Net Assets shall exclude
(i) liabilities incurred pursuant to the Warrant and (ii) the liabilities arising from the Settlement. 
 “Consolidated
Funded Senior Secured Indebtedness” means Consolidated Funded Indebtedness that is secured by a Lien on any assets of the Borrower or any of its Subsidiaries; provided that such Consolidated Funded Indebtedness is not expressly subordinated
in right of payment to the Obligations pursuant to a written agreement. 
 “Consolidated Working Capital” means, as at any
date of determination, the excess of Consolidated Current Assets of the Borrower and its Subsidiaries over Consolidated Current Liabilities of the Borrower and its Subsidiaries; provided that, at the election of the Borrower, the
determination of Consolidated Working Capital (and the component definitions thereof to the extent applicable to this definition) as of any determination date shall be subject to such reasonable adjustments as may be necessary to eliminate the
effects of any specifically identifiable and non-recurring extraordinary items that, in the reasonable judgment of the Borrower, have materially distorted the amount of Consolidated Working Capital that would have otherwise been determined under
this definition as of such date. In the event the Borrower makes any such election, it shall provide to the Agent (a) notice thereof concurrently with the delivery of the related certificate of the chief executive officer, chief financial
officer, treasurer or controller of the Borrower delivered pursuant to Section 6.2(a) describing in reasonable detail the event giving rise to such adjustment and (b) supporting information and calculations with respect to the
relevant adjustment. 
 “Contractual Obligation” means, as to any Person, any provision of any security issued by such
Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

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

“Control Agreement” means a control agreement, in form and substance reasonably satisfactory to Agent, executed and delivered
by Borrower or one of its Subsidiaries, Agent, and the applicable securities intermediary (with respect to a Securities Account) or bank (with respect to a Deposit Account). 

“Copyright Security Agreement” means any copyright security agreement entered into by one or more Loan Parties for the
benefit of the Agent and the other Secured Parties. 
 “CS Term Loan Agent” means Credit Suisse AG, Cayman Islands Branch,
in its capacity as administrative agent or collateral agent for the lenders under the CS Term Loan Documents, together with its successors and assigns in such capacity (including any administrative, collateral or similar agent in respect of any
Indebtedness that, to the extent permitted under the Intercreditor Agreement, refinances, amends, restates, renews, extends, or replaces the CS Term Loan Indebtedness). 

“CS Term Loan Agreement” means that certain Credit Agreement, dated as of February 19, 2014, by and between the
Borrower, CS Term Loan Agent, and the lenders thereunder, as amended, restated, supplemented, modified, refinanced, replaced, extended or renewed in accordance with the terms thereof and the terms of the Intercreditor Agreement. 

  
 - 13 - 

 “CS Term Loan Documents” means the CS Term Loan Agreement and all other
documents related thereto and executed in connection therewith, in each case, as amended, restated, supplemented, modified, refinanced, replaced, extended or renewed in accordance with the terms thereof and the terms of the Intercreditor Agreement.

 “CS Term Loan Indebtedness” means the Indebtedness incurred under the CS Term Loan Documents, in an aggregate principal
amount (in the case of loans) at the time of incurrence not exceeding the Term Loan Cap (as defined in the Intercreditor Agreement). 

“CS Term Loan Priority Collateral” has the meaning specified for “Term Loan Priority Collateral” in the
Intercreditor Agreement. 
 “Cumulative Credit” means, at any date, an amount, not less than zero in the aggregate,
determined on a cumulative basis equal to: 
  

	 	(a)	$20,000,000, plus 

  

	 	(b)	the sum of the products obtained by multiplying, with respect to each fiscal year of the Borrower in respect of which a Compliance Certificate has been delivered as required hereunder (commencing with the fiscal year
ended July 31, 2015), (i) the Retained Percentage for such fiscal year by (ii) Consolidated Excess Cash Flow for such fiscal year, plus 

  

	 	(c)	in the event that all or a portion of the Cumulative Credit has been applied to make an Investment pursuant to Section 7.2(s), an amount equal to the aggregate amount received by the Borrower or any
Subsidiary in cash and Cash Equivalents from: (i) the sale (other than to the Borrower or any Subsidiary) of any such Investment, (ii) any dividend or other distribution received in respect of any such Investment or (iii) interest,
returns of principal, repayments and similar payments received in respect of any such Investment, plus 

  

	 	(d)	the Net Cash Proceeds of any Permitted Equity Issuance after the Closing Date; 

 as such amount
may be reduced from time to time to the extent that all or a portion of the Cumulative Credit is applied to make Investments under Section 7.2(s), to make Restricted Payments under Section 7.6(h) or to prepay Indebtedness
under Section 7.13(d), in each case to the extent permitted hereunder. 
 “Debtor Relief Laws” means the
Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United
States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. 

“Default” means an event, condition, or default that, with the giving of notice, the passage of time, or both, would be an
Event of Default. 
 “Defaulting Lender” means any Lender that (a) has failed to fund any amounts required to be
funded by it under the Agreement within 1 Business Day of the date that it is required to do so under the Agreement (including the failure to make available to Agent amounts required pursuant to a Settlement or to make a required payment in
connection with a Letter of Credit Disbursement), (b) notified the Borrower, Agent, or any Lender in writing that it does not intend to comply with all or any 

  
 - 14 - 

 
portion of its funding obligations under the Agreement, (c) has made a public statement to the effect that it does not intend to comply with its funding obligations under the Agreement or
under other agreements generally (as reasonably determined by Agent) under which it has committed to extend credit, (d) failed, within 1 Business Day after written request by Agent or Borrower, to confirm that it will comply with the terms of
the Agreement relating to its obligations to fund any amounts required to be funded by it under the Agreement, (e) otherwise failed to pay over to Agent or any other Lender any other amount required to be paid by it under the Agreement within 1
Business Day of the date that it is required to do so under the Agreement, or (f) (i) becomes or is insolvent or has a parent company that has become or is insolvent or (ii) becomes the subject of a bankruptcy or insolvency
proceeding, or has had a receiver, conservator, trustee, or custodian or appointed for it, or has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in any such proceeding or appointment or has a parent
company that has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, or custodian appointed for it, or has taken any action in furtherance of, or indicating its consent to, approval of or
acquiescence in any such proceeding or appointment. 
 “Defaulting Lender Rate” means (a) for the first 3 days from
and after the date the relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto). 

“Deposit Account” means any deposit account (as that term is defined in the Code). 

“Designated Account” means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other
Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent). 

“Designated Account Bank” has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that
is located within the United States that has been designated as such, in writing, by Borrower to Agent). 
 “DFKA” means
DFKA Ltd, a private limited company organized under the laws of the United Kingdom of Great Britain and Northern Ireland. 
 “DFKA
Intermediate” means DFKA Intermediate Limited, a private limited company organized under the laws of the United Kingdom of Great Britain and Northern Ireland. 

“DFKA Restructuring” means a series of transactions that, through intermediate steps, results in (i) KFH converting from
a corporation into a limited liability company or not undergoing any such conversion, (ii) the Equity Interests of DFKA Intermediate being transferred by KFH to another Subsidiary of the Borrower, and (iii) one or both of KFH and its
subsidiary KFI merging with and into the Borrower, with the Borrower as the survivor of such mergers; provided that (A) in connection with such transactions, the Agent shall have been granted a security interest for the benefit of the
Secured Parties in the voting stock and non-voting stock of DFKA Intermediate at least to the extent of its security interest in such stock as in effect immediately prior to such transactions) and (B) any security interests granted to the Agent
for the benefit of the Secured Parties pursuant to the Collateral Documents in the assets of KFH and KFI shall remain in full force and effect and perfected (in each case to at least the same extent as in effect immediately prior to such
transactions) and all actions required to maintain such perfected status shall have been taken. 
 “Disposition” or
“Dispose” means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, 

  
 - 15 - 

 
assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith or entering into an agreement to do the same.

 “Disqualified Equity Interests” means any Equity Interest which, by its terms (or by the terms of any Contractual
Obligation or other Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Equity Interests that are not
Disqualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event
shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable), (b) is redeemable at the option of the holder thereof (except as a result of a change of control or asset sale so long as any
rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable), in whole or in part, (c) provides
for the scheduled payments of dividends in cash or (d) is or becomes convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is 91
days after the Maturity Date; provided that if such Equity Interests are issued pursuant to a plan for the benefit of officers, directors or employees of the Borrower or by any such plan to any such Person, such Equity Interests shall not
constitute Disqualified Equity Interests solely because they may be required to be repurchased by the Borrower in order to satisfy applicable statutory or regulatory obligations or as a result of such Person’s termination, death or disability.

 “Documentation Agent” has the meaning set forth in the preamble to the Agreement. 

“Dollars” or “$” means United States dollars. 

“Domestic Subsidiary” means any Subsidiary that is organized under the laws of any state or other political subdivision of
the United States. 
 “Drawing Document” means any Letter of Credit or other document presented for purposes of drawing
under any Letter of Credit. 
 “Eligible Accounts” means those Accounts created by Borrower in the ordinary course of its
business, that arise out of Borrower’s sale of goods or rendition of services, that comply with each of the representations and warranties respecting Eligible Accounts made in the Loan Documents, and that are not excluded as ineligible by
virtue of one or more of the excluding criteria set forth below; provided, that such criteria may be revised from time to time by Agent in Agent’s Permitted Discretion to address the results of any field examination performed by (or on
behalf of) Agent from time to time after the Closing Date. In determining the amount to be included, Eligible Accounts shall be calculated net of customer deposits, unapplied cash, taxes, discounts, credits, allowances, and rebates. Eligible
Accounts shall not include the following: 
 (a) Accounts that the Account Debtor has failed to pay within 90 days of
original invoice date or Accounts with selling terms of more than 60 days, 
 (b) Accounts owed by an Account Debtor (or its
Affiliates) where 50% or more of all Accounts owed by that Account Debtor (or its Affiliates) are deemed ineligible under clause (a) above, 

(c) Accounts with respect to which the Account Debtor is an Affiliate of Borrower or an employee or agent of Borrower or any
Affiliate of Borrower, 

  
 - 16 - 

 (d) Accounts arising in a transaction wherein goods are placed on consignment or
are sold pursuant to a guaranteed sale, a sale or return, a sale on approval, a bill and hold, or any other terms by reason of which the payment by the Account Debtor may be conditional, 

(e) Accounts that are not payable in United States or Canadian dollars, 

(f) Accounts with respect to which the Account Debtor either (i) does not maintain its chief executive office in the
United States or Canada, (ii) is not organized under the laws of the United States or any state thereof or of Canada or any province thereof, or (iii) is the government of any foreign country or sovereign state, or of any state, province,
municipality, or other political subdivision thereof, or of any department, agency, public corporation, or other instrumentality thereof, unless in each case (A) the Account is supported by an irrevocable letter of credit reasonably
satisfactory to Agent (as to form, substance, and issuer or domestic confirming bank) that has been delivered to Agent and is directly drawable by Agent, or (B) the Account is covered by credit insurance in form, substance, and amount, and by
an insurer, reasonably satisfactory to Agent, 
 (g) Accounts with respect to which the Account Debtor is either (i) the
United States or any department, agency, or instrumentality of the United States (exclusive, however, of Accounts with respect to which Borrower has complied, to the reasonable satisfaction of Agent, with the Assignment of Claims Act, 31 USC
§3727), or (ii) any state of the United States, 
 (h) Accounts with respect to which the Account Debtor is a
creditor of Borrower, has or has asserted a right of recoupment or setoff, or has disputed its obligation to pay all or any portion of the Account, to the extent of such claim, right of recoupment or setoff, or dispute, 

(i) Accounts with respect to an Account Debtor whose total obligations owing to Borrower exceed 10% (such percentage, as
applied to a particular Account Debtor, being subject to reduction by Agent in its Permitted Discretion if the creditworthiness of such Account Debtor deteriorates) of all Eligible Accounts, to the extent of the obligations owing by such Account
Debtor in excess of such percentage; provided, that, in each case, the amount of Eligible Accounts that are excluded because they exceed the foregoing percentage shall be determined by Agent based on all of the otherwise Eligible Accounts
prior to giving effect to any eliminations based upon the foregoing concentration limit; and provided further that the concentration limit applicable to accounts of Costco, Walmart and Sam’s Club shall be 20%. 

(j) Accounts with respect to which the Account Debtor is subject to an Insolvency Proceeding, is not Solvent, has gone out of
business, or as to which Borrower has received notice of an imminent Insolvency Proceeding or a material impairment of the financial condition of such Account Debtor, 

(k) Accounts, the collection of which, Agent, in its Permitted Discretion, believes to be doubtful, including by reason of the
Account Debtor’s financial condition, 
 (l) Accounts that are not subject to a valid and perfected first priority
Agent’s Lien, 

  
 - 17 - 

 (m) Accounts with respect to which (i) the goods giving rise to such Account
have not been shipped and billed to the Account Debtor, or (ii) the services giving rise to such Account have not been performed and billed to the Account Debtor, 

(n) Accounts with respect to which the Account Debtor is a Sanctioned Person or Sanctioned Entity, 

(o) Accounts that represent the right to receive progress payments or other advance billings that are due prior to the
completion of performance by Borrower of the subject contract for goods or services, or 
 (p) Accounts owned by a target
acquired in connection with a Permitted Acquisition, until the completion of an appraisal and field examination with respect to such target, in each case, reasonably satisfactory to Agent (which appraisal and field examination may be conducted prior
to the closing of such Permitted Acquisition). 
 “Eligible Inventory” means Inventory of Borrower that complies with each
of the representations and warranties respecting Eligible Inventory made in the Loan Documents, and that is not excluded as ineligible by virtue of one or more of the excluding criteria set forth below; provided, that such criteria may be
revised from time to time by Agent in Agent’s Permitted Discretion to address the results of any field examination or appraisal performed by Agent from time to time after the Closing Date. In determining the amount to be so included, Inventory
shall be valued at the lower of cost or market on a basis consistent with Borrower’s historical accounting practices. An item of Inventory shall not be included in Eligible Inventory if: 

(a) Borrower does not have good, valid, and marketable title thereto, 

(b) Borrower does not have actual and exclusive possession thereof (either directly or through a bailee or agent of Borrower),

 (c) it is not located at one of the locations in the continental United States set forth on Schedule E-1 to the
Agreement (or in-transit from one such location to another such location), 
 (d) it is in-transit to or from a location of
Borrower (other than in-transit from one location set forth on Schedule E-1 to the Agreement to another location set forth on Schedule E-1 to the Agreement), 

(e) it is located on real property leased by Borrower or in a contract warehouse, in each case, unless it is subject to a
Collateral Access Agreement executed by the lessor or warehouseman, as the case may be, and unless it is segregated or otherwise separately identifiable from goods of others, if any, stored on the premises, 

(f) it is the subject of a bill of lading or other document of title, 

(g) it is not subject to a valid and perfected first priority Agent’s Lien, 

(h) it consists of goods returned or rejected by Borrower’s customers, 

(i) it consists of goods that are obsolete or slow moving, restrictive or custom items, work-in-process, or goods that
constitute spare parts, packaging and 

  
 - 18 - 

 
shipping materials, supplies used or consumed in Borrower’s business, bill and hold goods, defective goods, “seconds,” or Inventory acquired on consignment, 

(j) it consists of raw materials (other than food products), 

(k) it is subject to third party trademark, licensing or other proprietary rights, unless Agent is satisfied that such
Inventory can be freely sold by Agent on and after the occurrence of an Event of a Default despite such third party rights, or 

(l) it was acquired in connection with a Permitted Acquisition, until the completion of an appraisal and field examination of
such Inventory, in each case, reasonably satisfactory to Agent (which appraisal and field examination may be conducted prior to the closing of such Permitted Acquisition). 

“Eligible Transferee” means (a) any Lender (other than a Defaulting Lender), any Affiliate of any Lender and any Related
Fund of any Lender; and (b) (i) a commercial bank organized under the laws of the United States or any state thereof, and having total assets in excess of $1,000,000,000; (ii) a savings and loan association or savings bank organized
under the laws of the United States or any state thereof, and having total assets in excess of $1,000,000,000; (iii) a commercial bank organized under the laws of any other country or a political subdivision thereof; provided that
(A) (x) such bank is acting through a branch or agency located in the United States or (y) such bank is organized under the laws of a country that is a member of the Organization for Economic Cooperation and Development or a political
subdivision of such country, and (B) such bank has total assets in excess of $1,000,000,000; (d) any other entity (other than a natural person) that is an “accredited investor” (as defined in Regulation D under the Securities
Act) that extends credit or buys loans as one of its businesses including insurance companies, investment or mutual funds and lease financing companies, and having total assets in excess of $1,000,000,000; and (f) during the continuation of an
Event of Default, any other Person (other than a natural person) approved by Agent; provided that no Loan Party nor any of Loan Party’s Affiliates or Subsidiaries shall be an “Eligible Transferee”. 

“Environmental Laws” means any and all federal, state, local and foreign statutes, laws, regulations, ordinances, rules,
judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution, the protection of the environment or the Release of any materials into the environment, including those
related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 
 “Environmental
Liability” means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities) directly or indirectly resulting from or based upon (a) violation of any
Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the Release or threatened Release of any Hazardous Materials
into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under any
Environmental Law. 
 “Equipment” means equipment (as that term is defined in the Code). 

“Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit
interests in) such Person, all of the warrants, options or other rights for the 

  
 - 19 - 

 
purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities convertible into or exchangeable for shares
of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other ownership or profit interests
in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any date of determination. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time. 

“ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Borrower within the
meaning of Section 414(b) or (c) of the IRC (and Sections 414(m) and (o) of the IRC for purposes of provisions relating to Section 412 of the IRC). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) the withdrawal of the Borrower or
any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that is treated as such a
withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan or the receipt by the Borrower or an ERISA Affiliate of a notification that a Multiemployer
Plan is in reorganization; (d) the filing of a notice by the Borrower or an ERISA Affiliate of intent to terminate a Pension Plan, the treatment of a Pension Plan amendment as a termination under Section 4041 of ERISA, or the receipt by
the Borrower or an ERISA Affiliate of such a notice with respect to a Multiemployer Plan under 4041A of ERISA; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or condition which constitutes grounds
under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan; (g) the determination that any Pension Plan is considered an at-risk plan or a plan in endangered or critical status
within the meaning of Sections 430, 431 and 432 of the IRC or Section 303, 304 and 305 of ERISA; (h) any failure by any Plan to satisfy the minimum funding standard (within the meaning of Section 412 of the IRC or Section 302 of
ERISA) applicable to such Plan, whether or not waived; (i) the filing pursuant to Section 412(d) of the IRC or Section 303(d) of ERISA of an application for a waiver of the minimum funding standard with respect to any Plan;
(j) the occurrence of a “prohibited transaction” with respect to which the Borrower or any of the Subsidiaries is a “disqualified person” (within the meaning of Section 4975 of the IRC) or with respect to which the
Borrower or any such Subsidiary could otherwise be liable; (k) any Foreign Benefit Event; or (l) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA,
upon the Borrower or any ERISA Affiliate. 
 “Event of Default” has the meaning specified therefor in Section 9
of the Agreement. 
 “Excess Availability” means, as of any date of determination, the amount equal to Availability
minus the aggregate amount, if any, of all trade payables subject to Growers’ Liens of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in
excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion. 
 “Excluded
Extraordinary Receipts” means tax refunds for years up to and including the fiscal year of the Borrower ending July 31, 2012. 

  
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 “Excluded Issuance” means the issuance by the Borrower of its common Equity
Interests (a) pursuant to employee equity compensation and incentive programs (including the exercise of options granted thereunder) or (b) in connection with a Permitted Acquisition. 

“Excluded Swap Obligations” means, with respect to any Loan Party, any Swap Obligation if, and to the extent that, all or a
portion of the Guarantee of such Loan Party of, or the grant by such Loan Party of a security interest to secure, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order
of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Loan Party’s failure for any reason to constitute an “eligible contract participant” as defined in the
Commodity Exchange Act and the regulations thereunder at the time the Guarantee of such Loan Party or the grant of such security interest becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement
governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes illegal. 

“Excluded Taxes” means, with respect to the Agent, any Lender or any other recipient of any payment to be made by or on
account of any obligation of the Borrower hereunder or under any Loan Document, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such
recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are
Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on
the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 14.2) or (ii) such Lender changes its lending office, except in each case
to the extent that, pursuant to Section 16.1, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender or Participant became a party hereto or to such Lender immediately before it
changed its lending office, (c) Taxes attributable to such recipient’s failure to comply with Section 16.2 and (d) any U.S. federal withholding Taxes imposed under FATCA. 

“Existing Credit Facilities” means, collectively, (i) that certain Credit Agreement, dated as of February 25, 2010,
by and among the Borrower, the lenders party thereto, Bank of America, N.A., Banc of America Securities LLC and Barclays Capital, (ii) that certain Senior Note issued by the Borrower to OCM PF/FF Adamantine Holdings, Ltd. dated May 29,
2013 and (iii) that certain Redeemable Note issued by the Borrower to OCM PF/FF Adamantine Holdings, Ltd. dated May 29, 2013. 

“Extraordinary Advances” has the meaning specified therefor in Section 2.3(d)(iii) of the Agreement. 

“Extraordinary Receipt” means any cash received by or paid to any Person as a result of proceeds of insurance (other than
proceeds of business interruption insurance to the extent such proceeds constitute compensation for lost earnings) and condemnation awards (and payments in lieu thereof); provided, however, that an Extraordinary Receipt shall not
include cash receipts from proceeds of insurance or condemnation awards (or payments in lieu thereof) or indemnity payments to the extent that such proceeds or awards (a) are received by such Person in respect of loss or damage to equipment,
fixed assets or real property and are applied (or in respect of which expenditures were previously incurred) to replace or repair the equipment, fixed assets or real property in respect of which such proceeds were received or (b) are received
by such Person in respect of any third party claim against, or liability of, such 

  
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Person and are applied to pay (or to reimburse such Person for its prior payment of) such claim or liability and the costs and expenses of such Person with respect thereto. 

“FATCA” means Sections 1471 through 1474 of the IRC, as of the date of the Agreement (or any amended or successor version
that is substantively comparable and not materially more onerous to comply with) and any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code and any law or
official agreement implementing an official governmental agreement with respect thereto. 
 “Fee Letter” means that certain
fee letter, dated as of even date with the Agreement, between Borrower and Agent, in form and substance reasonably satisfactory to Agent. 

“Federal Flood Regulations” refers to the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor
statute thereto, the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, the National Flood Insurance Report Act of 1994 as now or hereafter in effect or any successor statute thereto and the Flood
Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto 
 “Federal Funds Rate” means,
for any period, a fluctuating interest rate per annum equal to, for each day during such period, the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers,
as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day which is a Business Day, the average of the quotations for such day on such transactions received by Agent
from three Federal funds brokers of recognized standing selected by it. 
 “$5 Million Excess Availability Minimum
Requirement” means, at any time during which Excess Availability does not exceed 12.5% of the Maximum Credit Amount, (i) Borrower has Excess Availability of at least $5,000,000 or (ii) a Cash Dominion Period is in effect. 

“Fixed Charge Coverage Ratio” means, as of the last day of the most recently completed Measurement Period, the ratio of
(a) Consolidated EBITDA for such Measurement Period to (b) Fixed Charges for such Measurement Period. 
 “Fixed
Charges” means, with respect to the Borrower and its Subsidiaries, at any date of determination, the sum, without duplication, of: 

(1) the Consolidated Interest Charges of the Borrower and its Subsidiaries for the most recently completed Measurement Period; plus

 (2) all cash dividends or other distributions paid (excluding items eliminated in consolidated) on any series of preferred stock of the
Borrower or any of its Subsidiaries during the most recently completed Measurement Period; plus 
 (3) all cash dividends or other
distributions paid (excluding items eliminated in consolidation) on any series of Disqualified Stock (as defined in the Indenture (as in effect on the date of the Agreement)) during the most recently completed Measurement Period; minus 

(4) interest income for the most recently completed Measurement Period. 

  
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 “Flow of Funds Agreement” means a flow of funds agreement, dated as of even date
herewith, in form and substance reasonably satisfactory to Agent, executed and delivered by Borrower and Agent. 
 “Foreign Benefit
Event” means, with respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the amount permitted under any applicable law, or in excess of the amount that would be permitted absent a waiver from a
Governmental Authority, (b) the failure to make the required contributions or payments to a Foreign Pension Plan, under any applicable law, on or before the due date (and after expiration of any applicable grace periods) for such contributions
or payments, (c) the receipt of a notice by a Governmental Authority relating to its intention to terminate any such Foreign Pension Plan or to appoint a trustee or similar official to administer any such Foreign Pension Plan, or alleging the
insolvency of any such Foreign Pension Plan, or (d) the incurrence of any liability by the Borrower or any Subsidiary under applicable law on account of the complete or partial termination of such Foreign Pension Plan or the complete or partial
withdrawal of any participating employer therein; in each case as to clauses (a) through (d) hereof, that could reasonably be expected to result in a Material Adverse Effect. 

“Foreign Pension Plan” means any defined benefit plan sponsored, maintained or contributed to, or required to be sponsored,
maintained or contributed to, by the Borrower or any ERISA Affiliate that under applicable law of any jurisdiction other than the United States is required to be funded through a trust or other funding vehicle other than a trust or funding vehicle
maintained exclusively by a Governmental Authority. 
 “Foreign Subsidiary” means any Subsidiary that is not a Domestic
Subsidiary. 
 “FRB” means the Board of Governors of the Federal Reserve System of the United States.” 

“FSA” means the Food Security Act of 1985, as amended, or any successor statute thereto. 

“FSA State” means Alabama, Colorado, Idaho, Louisiana, Minnesota, Mississippi, Montana, Nebraska, New Hampshire, New Mexico,
North Dakota, Oklahoma, Oregon, South Dakota, Utah, Vermont, West Virginia, Wyoming and any other state of the United States of America that is certified after the date hereof to have a “central filing system” as defined in the FSA. 

“Funding Date” means the date on which a Borrowing occurs. 

“Funding Losses” has the meaning specified therefor in Section 2.12(b)(ii) of the Agreement. 

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

“GE Term Loan Documents” means, collectively, the “Borrower Documents” as defined under the GE Term Loan Facility
and the GE Term Loan Guaranty. 

  
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 “GE Term Loan Facility” means that certain Loan Agreement, dated as of
December 1, 2010, as amended, restated, supplemented or otherwise modified prior to the date of the Agreement and as may be further amended, restated, supplemented or otherwise modified as permitted by the Agreement, among GE Government
Finance, Inc., Community Development Authority of the City of Beloit, Wisconsin and Kettle Foods, Inc. and the other parties from time to time party thereto. 

“GE Term Loan Guaranty” means that certain Corporate Guaranty and Negative Pledge Agreement, dated as of December 1,
2010, as amended, restated, supplemented or otherwise modified prior to the date of the Agreement and as may be further amended, restated, supplemented or otherwise modified as permitted by the Agreement, by the Borrower, in favor of GE Government
Finance, Inc., as lender. 
 “Governmental Authority” means the government of the United States or any other nation, or of
any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or
functions of or pertaining to government (including the National Association of Insurance Commissioners and any supra-national bodies such as the European Union or the European Central Bank). 

“Grower Payable Reserve” means, as of any date of determination, the amount of reserves that Agent has established in respect
of accounts payable of Borrower and its Subsidiaries then outstanding to growers or suppliers of agricultural products based upon the then most recently delivered information regarding accounts payable required to be delivered pursuant to
Section 5.1. 
 “Growers’ Lien Laws” means, collectively, state and federal laws of the United States of
America applicable to Borrower’s and/or its Subsidiaries’ purchase of agricultural products on credit from any selling party that create a Lien or imposes a trust upon the agricultural products sold and/or the proceeds of such agricultural
products for the benefit of such selling party or a creditor thereof to secure payment for such agricultural products, including without limitation the California Producer’s Lien Statute and PACA to the extent applicable. 

“Guarantee” means, as to any Person, any (a) any obligation, contingent or otherwise, of such Person guaranteeing or
having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such
Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring
the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or
level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such
Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part) or (b) any Lien on any assets of such Person securing any Indebtedness or other obligation
of any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien); provided that the term
“Guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any
acquisition or disposition of assets or Permitted Acquisitions permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable
amount of the related primary obligation, 

  
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or portion thereof, 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 the guaranteeing
Person in good faith. The term “Guarantee” as a verb has a corresponding meaning. 
 “Guarantors” means,
collectively, each existing and future (a) Material Domestic Subsidiary of the Borrower, (b) Material Foreign Subsidiary of the Borrower that Guarantees any Indebtedness of the Borrower or any of its Domestic Subsidiaries (in each case
excluding (i) each Subsidiary that is a CFC or CFC Holdco for so long as such Subsidiary remains a CFC or CFC Holdco and (ii) without limiting Section 7.15, each Inactive Subsidiary for so long as such Subsidiary remains
inactive) and (c) other Person that becomes a guarantor after the Closing Date pursuant to Section 6.12 of the Agreement. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes
or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to
any Environmental Law. 
 “Hedge Agreement” means a “swap agreement” as that term is defined in
Section 101(53B)(A) of the Bankruptcy Code. 
 “Hedge Obligations” means any and all obligations or liabilities,
whether absolute or contingent, due or to become due, now existing or hereafter arising, of Borrower or its Subsidiaries arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the Hedge
Providers. 
 “Hedge Provider” means any Person who at the time of providing a Hedge Agreement was a Lender or Affiliate of
a Lender, including Wells Fargo or any of its Affiliates, in its capacity as a party to such Hedge Agreement. 
 “Inactive
Subsidiary” means each of (a) Diamond of Europe GmbH, a corporation organized under the laws of the Federal Republic of Germany, (b) Wimbledon Acquisition LLC, a limited liability company organized under the laws of Delaware, and
(c) Diamond Foods Brazil Holding LLC, a limited liability company organized under the laws of Delaware, and each of their successors and assigns; provided that, at such time (if any) as any such Person commences any activities or
operations, such Person shall cease to be an Inactive Subsidiary. 
 “Indebtedness” means, as to any Person at a particular
time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: 
 (a) all
obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; 

(b) the maximum amount of all direct or contingent obligations of such Person arising under letters of credit (including standby and
commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 
 (c) net obligations of such Person under
any Hedge Agreement; 
 (d) all obligations of such Person to pay the deferred purchase price of property or services (other than
(i) trade accounts payable in the ordinary course of business and not past due for more than 90 days after the date on which such trade account is payable (unless being contested in good 

  
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faith and by appropriate proceedings) and (ii) earn-outs, hold-backs and other deferred payment of consideration in Permitted Acquisitions to the extent not required to be reflected as
liabilities on the balance sheet of the Borrower and its Subsidiaries in accordance with GAAP); 
 (e) indebtedness (excluding prepaid
interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such
Person or is limited in recourse; 
 (f) capital leases; 

(g) all obligations of such Person to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in
such Person or any other Person, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; and 

(h) all Guarantees of such Person in respect of any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a joint
venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse to such Person. The amount of any net obligation under any
Hedge Agreement on any date shall be deemed to be the Termination Value thereof as of such date. The amount of any capital lease as of any date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such date. 

“Indemnified Liabilities” has the meaning specified therefor in Section 11.3 of the Agreement. 

“Indemnified Person” has the meaning specified therefor in Section 11.3 of the Agreement. 

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

“Indenture” means that certain indenture dated as of February 19, 2014, among the Borrower, certain Subsidiaries, as
guarantors, and U.S. Bank National Association, as trustee, governing the senior unsecured notes issued as part of the Notes Issuance. 

“Indenture Trustee” means the “Trustee” as defined in the Indenture. 

“Initial Financial Projections” means the consolidated forecasted balance sheet and statements of income and cash flows of
the Borrower and its Subsidiaries for the fiscal year ended July 31, 2014 through the fiscal year ended July 31, 2018 in the most recent form provided to the Agent prior to the date hereof. 

“Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or
under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other
similar relief. 

  
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 “Intercompany Subordination Agreement” means an intercompany subordination
agreement, dated as of even date with the Agreement, executed and delivered by Borrower, each of its Subsidiaries and Agent, the form and substance of which is reasonably satisfactory to Agent. 

“Intercreditor Agreement” means that certain Intercreditor Agreement, dated as of even date herewith by and between Agent and
CS Term Loan Agent and acknowledged and agreed to by the Loan Parties. 
 “Interest Period” means, with respect to each
LIBOR Rate Loan, a period commencing on the date of the making of such LIBOR Rate Loan (or the continuation of a LIBOR Rate Loan or the conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending 1 week thereafter or 1, 2, 3, or 6 months, or if
all Lenders agree, 12 months thereafter; provided, that (a) interest shall accrue at the applicable rate based upon the LIBOR Rate from and including the first day of each Interest Period to, but excluding, the day on which any Interest
Period expires, (b) any Interest Period that would end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall
end on the next preceding Business Day, (c) with respect to an Interest Period (other than an Interest Period with a duration of 1 week) that begins on the last Business Day of a calendar month (or on a day for which there is no numerically
corresponding day in the calendar month at the end of such Interest Period), the Interest Period shall end on the last Business Day of the calendar month that is 1, 2, 3, 6 or 12 months after the date on which the Interest Period began, as
applicable, and (d) Borrower may not elect an Interest Period which will end after the Maturity Date. 
 “Inventory”
means inventory (as that term is defined in the Code). 
 “Inventory Reserves” means, as of any date of determination,
(a) Landlord Reserves, and (b) those reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c), to establish and maintain (including reserves for slow moving Inventory and
Inventory shrinkage) with respect to Eligible Inventory or the Maximum Revolver Amount. 
 “Investment” means, as to any
Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or
assumption of debt of, or purchase or other acquisition of any other debt or interest in, another Person or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a
business unit. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“Investment Step-up Date” has the meaning specified therefor in Section 7.2(t) of the Agreement. 

“IP Rights” has the meaning specified therefor in Section 5.18 of the Agreement. 

“IP Security Agreement” means any Copyright Security Agreement, Patent Security Agreement or Trademark Security Agreement.

 “IRC” means the Internal Revenue Code of 1986, as amended, and any successor statutes, and all regulations and guidance
promulgated thereunder. Any reference to a specific section of the IRC shall be deemed to be a reference to such section of the IRC and any successor statutes, and all regulations and guidance promulgated thereunder. 

  
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 “IRS” means the United States Internal Revenue Service. 

“ISP” means, with respect to any Letter of Credit, the International Standby Practices 1998 (International Chamber of
Commerce Publication No. 590) and any subsequent revision thereof adopted by the International Chamber of Commerce on the date such Letter of Credit is issued. 

“Issuer Document” means, with respect to any Letter of Credit, a letter of credit application, a letter of credit agreement,
or any other document, agreement or instrument entered into (or to be entered into) by Borrower in favor of Issuing Bank and relating to such Letter of Credit. 

“Issuing Bank” means Wells Fargo or, if Wells Fargo is unwilling or unable to issue a given Letter of Credit, any other
Lender that, at the request of Borrower and with the consent of Agent (such consent not to be unreasonably withheld or delayed), agrees, in such Lender’s sole discretion, to become an Issuing Bank for the purpose of issuing Letters of Credit
pursuant to Section 2.11 of the Agreement, and Issuing Bank shall be a Lender. 
 “KFH” means Kettle Foods
Holdings, Inc., a Delaware corporation. 
 “KFI” means Kettle Foods, Inc., an Oregon corporation. 

“Laws” means, collectively, all international, foreign, federal, state and local statutes, treaties, rules, guidelines,
regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and
all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“Landlord Reserve” means, as to each location at which Borrower has Inventory or books and records located and as to which a
Collateral Access Agreement has not been received by Agent, a reserve in an amount equal to the greater of (a) the number of months rent for which the landlord will have, under applicable law, a Lien in the Inventory of Borrower to secure the
payment of rent or other amounts under the lease relative to such location, or (b) 3 months rent under the lease relative to such location. 

“Lender” has the meaning set forth in the preamble to the Agreement, shall include Issuing Bank and the Swing Lender, and
shall also include any other Person made a party to the Agreement pursuant to the provisions of Section 14.1 of the Agreement and “Lenders” means each of the Lenders or any one or more of them. 

“Lender Group” means each of the Lenders (including Issuing Bank and the Swing Lender) and Agent, or any one or more of them.

 “Lender Group Expenses” means all (a) costs or expenses (including taxes and insurance premiums) required to be
paid by Borrower or its Subsidiaries under any of the Loan Documents that are paid, advanced, or incurred by the Lender Group, (b) documented out-of-pocket fees or charges paid or incurred by Agent in connection with the Lender Group’s
transactions with Borrower or its Subsidiaries under any of the Loan Documents, including, photocopying, notarization, couriers and messengers, telecommunication, public record searches, filing fees, recording fees, publication, real estate surveys,
real estate title policies and endorsements, and environmental audits, (c) Agent’s customary fees and charges imposed or incurred in connection with any background checks or OFAC/PEP searches related to Borrower or its Subsidiaries,
(d) Agent’s customary fees and charges (as adjusted from time to time) with 

  
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respect to the disbursement of funds (or the receipt of funds) to or for the account of Borrower (whether by wire transfer or otherwise), together with any out-of-pocket costs and expenses
incurred in connection therewith, (e) customary charges imposed or incurred by Agent resulting from the dishonor of checks payable by or to any Loan Party, (f) reasonable documented out-of-pocket costs and expenses paid or incurred by the
Lender Group to correct any default or enforce any provision of the Loan Documents, or during the continuance of an Event of Default, in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or
advertising to sell the Collateral, or any portion thereof, irrespective of whether a sale is consummated, (g) field examination, appraisal, and valuation fees and expenses of Agent related to any field examinations, appraisals, or valuation to
the extent of the fees and charges (and up to the amount of any limitation) provided in Section 2.10 of the Agreement, (h) Agent’s reasonable costs and expenses (including reasonable documented attorneys fees and expenses)
relative to third party claims or any other lawsuit or adverse proceeding paid or incurred, whether in enforcing or defending the Loan Documents or otherwise in connection with the transactions contemplated by the Loan Documents, Agent’s Liens
in and to the Collateral, or the Lender Group’s relationship with Borrower or any of its Subsidiaries, (i) Agent’s reasonable documented costs and expenses (including reasonable documented attorneys fees and due diligence expenses)
incurred in advising, structuring, drafting, reviewing, administering (including travel, meals, and lodging), syndicating (including reasonable costs and expenses relative to CUSIP, DXSyndicateTM, SyndTrak or other communication costs incurred
in connection with a syndication of the loan facilities), or amending, waiving, or modifying the Loan Documents, and (j) Agent’s and each Lender’s reasonable documented costs and expenses (including reasonable documented attorneys,
accountants, consultants, and other advisors fees and expenses) incurred in terminating, enforcing (including attorneys, accountants, consultants, and other advisors fees and expenses incurred in connection with a “workout,” a
“restructuring,” or an Insolvency Proceeding concerning Borrower or any of its Subsidiaries or in exercising rights or remedies under the Loan Documents), or defending the Loan Documents, irrespective of whether a lawsuit or other adverse
proceeding is brought, or in taking any enforcement action or any Remedial Action with respect to the Collateral. 
 “Lender Group
Representatives” has the meaning specified therefor in Section 18.9 of the Agreement. 
 “Lender-Related
Person” means, with respect to any Lender, such Lender, together with such Lender’s Affiliates, officers, directors, employees, attorneys, and agents. 

“Letter of Credit” means a letter of credit (as that term is defined in the Code) issued by Issuing Bank. 

“Letter of Credit Collateralization” means either (a) providing cash collateral (pursuant to documentation reasonably
satisfactory to Agent, including provisions that specify that the Letter of Credit Fees and all commissions, fees, charges and expenses provided for in Section 2.11(k) of the Agreement (including any fronting fees) will continue to
accrue while the Letters of Credit are outstanding) to be held by Agent for the benefit of the Revolving Lenders in an amount equal to 105% of the then existing Letter of Credit Usage, (b) delivering to Agent documentation executed by all
beneficiaries under the Letters of Credit, in form and substance reasonably satisfactory to Agent and Issuing Bank, terminating all of such beneficiaries’ rights under the Letters of Credit, or (c) providing Agent with a standby letter of
credit, in form and substance reasonably satisfactory to Agent, from a commercial bank acceptable to Agent (in its reasonable discretion) in an amount equal to 105% of the then existing Letter of Credit Usage (it being understood that the Letter of
Credit Fee and all fronting fees set forth in the Agreement will continue to accrue while the Letters of Credit are outstanding and that any such fees that accrue must be an amount that can be drawn under any such standby letter of credit). 

  
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 “Letter of Credit Disbursement” means a payment made by Issuing Bank pursuant to
a Letter of Credit. 
 “Letter of Credit Exposure” means, as of any date of determination with respect to any Lender, such
Lender’s Pro Rata Share of the Letter of Credit Usage on such date. 
 “Letter of Credit Fee” has the meaning
specified therefor in Section 2.6(b) of the Agreement. 
 “Letter of Credit Indemnified Costs” has the meaning
specified therefor in Section 2.11(f) of the Agreement. 
 “Letter of Credit Related Person” has the meaning
specified therefor in Section 2.11(f) of the Agreement. 
 “Letter of Credit Usage” means, as of any date of
determination, the aggregate undrawn amount of all outstanding Letters of Credit. 
 “LIBOR Deadline” has the meaning
specified therefor in Section 2.12(b)(i) of the Agreement. 
 “LIBOR Notice” means a written notice in the form
of Exhibit L-1 to the Agreement. 
 “LIBOR Option” has the meaning specified therefor in Section 2.12(a)
of the Agreement. 
 “LIBOR Rate” means the rate per annum equal to (i) the Intercontinental Exchange Benchmark
Administration Ltd. (or such other Person that takes over the administration of such rate) LIBOR Rate (“ICE LIBOR”), as published by Reuters on Reuters Screen LIBOR01 Page (or such other page as may replace such page on such service
for the purpose of displaying the rates at which Dollar deposits are offered by leading banks in the London interbank deposit market as designated by the Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to
the commencement of the requested Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period or (ii), if such rate is not available at such time for any reason, the
rate per annum determined by the Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the LIBOR Rate Loan being made, continued or converted and with a
term equivalent to such Interest Period would be offered by Wells Fargo’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the
commencement of such Interest Period. 
 “LIBOR Rate Loan” means each portion of a Revolving Loan that bears interest at a
rate determined by reference to the LIBOR Rate. 
 “LIBOR Rate Margin” has the meaning set forth in the definition of
Applicable Margin. 
 “Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien
(statutory or other), charge or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any
easement, right of way or other encumbrance on title to real property and any financing lease having substantially the same economic effect as any of the foregoing). 

  
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 “Limited Condition Acquisition” means any acquisition permitted by
Section 7.2 in excess of the Threshold Amount whose consummation is not conditioned under the terms of the relevant definitive acquisition agreement on the availability of, or on obtaining, third party financing; provided that no
proceeds of any Loan may be used to finance any such acquisition or any portion of any such acquisition. 
 “Loan” shall
mean any Revolving Loan, Swing Loan, or Extraordinary Advance, made (or to be made) under the Agreement. 
 “Loan Account”
has the meaning specified therefor in Section 2.9 of the Agreement. 
 “Loan Documents” means the Agreement,
the Control Agreements, any Copyright Security Agreement, any Borrowing Base Certificate, the Fee Letter, the ABL Guaranty Agreement, the ABL Collateral Agreement, the Intercompany Subordination Agreement, any Issuer Documents, the Letters of
Credit, the Mortgages, the Patent Security Agreement, the Trademark Security Agreement, the Collateral Access Agreements, any note or notes executed by Borrower in connection with the Agreement and payable to any member of the Lender Group, and any
other instrument or agreement entered into, now or in the future, by Borrower or any of its Subsidiaries and any member of the Lender Group in connection with the Agreement. 

“Loan Party” means Borrower or any Guarantor. 

“Maintenance Fixed Charge Coverage Ratio” has the meaning specified therefor in Section 8(a) of the Agreement.

 “Margin Stock” as defined in Regulation U of the Board of Governors as in effect from time to time. 

“Master Intercompany Note” means a promissory note substantially in the form of Exhibit N hereto. 

“Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the operations,
business, properties, liabilities (actual or contingent), or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole, (b) a material impairment of the rights and remedies of the Agent or any Lender under any
Loan Document or (c) a material adverse effect upon the legality, validity, binding effect or enforceability against any Loan Party of any Loan Document to which it is a party. 

“Material Contract” means, with respect to any Person, each contract to which such Person is a party involving aggregate
consideration payable to or by such Person of $30,000,000 or more in any year or otherwise material to the business of such Person. 

“Material Subsidiary” means any direct or indirect Subsidiary of the Borrower (a) with unconsolidated assets
representing five percent (5%) or more of the consolidated total assets of the Borrower and its Subsidiaries, (b) with unconsolidated revenues representing five percent (5%) or more of the consolidated revenues of the Borrower and its
Subsidiaries, in each of the foregoing clauses (a) and (b), measured as of the date of the most recent financial statements delivered pursuant to Section 6.1 (or prior to any such delivery, as of October 31, 2013) or
(c) otherwise designated by the Borrower as a “Material Subsidiary”; provided that if, as of the date of the most recent financial statements delivered pursuant to Section 6.1 (or, if applicable, as of
October 31, 2013), the combined consolidated total assets or combined consolidated revenues of all Subsidiaries that under clauses (a) and (b) above would not 

  
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constitute Material Subsidiaries shall have exceeded 10% of the consolidated total assets of the Borrower and its Subsidiaries or 10% of the consolidated revenues of the Borrower and its
Subsidiaries, respectively, then one or more of such excluded Subsidiaries shall for all purposes of this Agreement be deemed to be Material Subsidiaries in descending order based on the amounts of their consolidated total assets or consolidated
revenues, as applicable, until such excess shall have been eliminated. 
 “Material Domestic Subsidiary” means any Domestic
Subsidiary that is a Material Subsidiary. 
 “Material Foreign Subsidiary” means any Foreign Subsidiary that is a Material
Subsidiary. 
 “Maturity Date” means August 19, 2018. 

“Maximum Revolver Amount” means $125,000,000, decreased by the amount of reductions in the Commitments made in accordance
with Section 2.4(c) of the Agreement. 
 “Measurement Period” means, at any date of determination, with respect
to the Fixed Charge Coverage Ratio, the most recently ended twelve month period of Borrower, and with respect to any other financial calculation, the most recently completed four fiscal quarters of the Borrower in respect of which financial
statements have been delivered pursuant to Section 6.1(a) or (b) (or prior to any such delivery, as of October 31, 2013). 

“Minor Acquisition” means any investment by the Borrower or any Guarantor in the form of acquisitions of all or substantially
all of the business or a line of business (whether by the acquisition of capital stock, assets or any combination thereof) of any other Person; provided that the total cash and non-cash consideration for such acquisition shall not exceed
$10,000,000. 
 “Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Mortgaged Property” means any property subject to a Mortgage. 

“Mortgages” shall have the meaning specified in Section 6.17(a). 

“Mortgage Policies” shall have the meaning specified in Section 6.17(a). 

“Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of ERISA, to which the
Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA
Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 

“National Flood Insurance Program” has the meaning specified in Section 5.16(b). 

“Net Cash Proceeds” means: 

(a) with respect to any Disposition by the Borrower or any of its Subsidiaries, or any Extraordinary Receipt received or paid to the account
of the Borrower or any of its Subsidiaries, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such transaction 

  
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(including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) over
(ii) the sum of (A) the principal amount of any Indebtedness (other than the Loans), that is (1) secured by a Lien on the applicable asset that is and is permitted to be, not junior to any Lien on such asset securing the Obligations
and that is required to be repaid in connection with such transaction or (2) secured by a Lien on the applicable asset and such asset is not, and is not required to be, Collateral and that is required to be repaid in connection with such
transaction, (B) the out-of-pocket expenses incurred (or reasonably expected to be incurred) by the Borrower, such Subsidiary in connection with such transaction and (C) taxes reasonably
estimated to be actually payable within two years of the date of the relevant transaction, including any taxes payable as a result of any gain recognized in connection therewith; provided that, if the amount of any estimated taxes pursuant to
subclause (C) exceeds the amount of taxes actually required to be paid in cash in respect of such Disposition, the aggregate amount of such excess shall constitute Net Cash Proceeds; and 

(b) with respect to the sale or issuance of any Equity Interest by the Borrower or any of its Subsidiaries, or the incurrence or issuance of
any Indebtedness by the Borrower or any of its Subsidiaries, the excess of (i) the sum of the cash and Cash Equivalents received in connection with such transaction over (ii) the underwriting discounts and commissions, and other
out-of-pocket expenses, incurred by the Borrower or such Subsidiary in connection therewith. 
 “Net Recovery Percentage”
means, as of any date of determination, the percentage of the book value of Borrower’s Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such
percentage to be determined as to each category of Inventory and to be as specified in the most recent appraisal received by Agent from an appraisal company selected by Agent. 

“Non-Consenting Lender” has the meaning specified therefor in Section 15.2(a) of the Agreement. 

“Non-Defaulting Lender” means each Lender other than a Defaulting Lender. 

“Notes” means the $230,000,000 7.00% senior unsecured notes due 2019 issued by Borrower pursuant to the terms of the
Indenture. 
 “Notes Documents” means the Indenture, the Notes (as defined in the Indenture), the Subsidiary Guarantees (as
defined in the Indenture) and any other principal documents entered into in connection with or pursuant to the Indenture. 
 “Notes
Issuance” means the issuance by the Borrower of $230 million aggregate principal amount of senior unsecured notes, maturing no earlier than approximately five years after the Closing Date, pursuant to the Indenture. 

“Obligations” means (a) all loans (including the Revolving Loans (inclusive of Extraordinary Advances and Swing Loans)),
debts, principal, interest (including any interest that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), reimbursement or
indemnification obligations with respect to Letters of Credit (irrespective of whether contingent), premiums, liabilities (including all amounts charged to the Loan Account pursuant to the Agreement), obligations (including indemnification
obligations), fees (including the fees provided for in the Fee Letter), Lender Group Expenses (including any fees or expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in
part as a claim in any such 

  
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Insolvency Proceeding), guaranties, and all covenants and duties of any other kind and description owing by any Loan Party arising out of, under, pursuant to, in connection with, or evidenced by
the Agreement or any of the other Loan Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, and including all interest not paid
when due and all other expenses or other amounts that Borrower is required to pay or reimburse by the Loan Documents or by law or otherwise in connection with the Loan Documents, and (b) all Bank Product Obligations; provided that the
“Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such Loan Party. Without limiting the generality of the foregoing, the Obligations of Borrower under the Loan Documents include the obligation to pay
(i) the principal of the Revolving Loans, (ii) interest accrued on the Revolving Loans, (iii) the amount necessary to reimburse Issuing Bank for amounts paid or payable pursuant to Letters of Credit, (iv) Letter of Credit
commissions, fees (including fronting fees) and charges, (v) Lender Group Expenses, (vi) fees payable under the Agreement or any of the other Loan Documents, and (vii) indemnities and other amounts payable by any Loan Party under any
Loan Document. Any reference in the Agreement or in the Loan Documents to the Obligations shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency
Proceeding. 
 “OFAC” means The Office of Foreign Assets Control of the U.S. Department of the Treasury. 

“Originating Lender” has the meaning specified therefor in Section 14.1(e) of the Agreement. 

“Organization Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation and
the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement and
(c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect
thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of such
entity. 
 “Other Connection Taxes” means, with respect to any Lender and the Agent, Taxes imposed as a result of a present
or former connection between such Lender or the Agent and the jurisdiction imposing such Tax (other than connections arising from such Lender or the Agent having executed, delivered, become a party to, performed its obligations under, received
payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 15.2). 

“Overadvance” means, as of any date of determination, that the Revolver Usage is greater than any of the limitations set
forth in Section 2.1 or Section 2.11. 
 “PACA” means the Perishable Agricultural Commodities Act of
1930, as amended, or any successor statute thereto. 

  
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 “Participant” has the meaning specified therefor in Section 14.1(e)
of the Agreement. 
 “Participant Register” has the meaning set forth in Section 14.1(i) of the Agreement. 

“Patent Security Agreement” any patent security agreement entered into by one or more Loan Parties for the benefit of the
Agent and the other Secured Parties. 
 “Patriot Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into
law October 26, 2001)). 
 “PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Act” means the Pension Protection Act of 2006. 

“Pension Funding Rules” means the rules of the IRC and ERISA regarding minimum required contributions (including any
installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the IRC and Section 302 of ERISA, each as in effect prior to the Pension Act
and, thereafter, Section 412, 430, 431, 432 and 436 of the IRC and Sections 302, 303, 304 and 305 of ERISA. 
 “Pension
Plan” means any employee pension benefit plan (other than a Multiemployer Plan) that is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding
standards under Section 412 of the IRC. 
 “Perfection Certificate” means a certificate in the form of Exhibit
P-1 to the Agreement. 
 “Permitted Acquisition” means any investment by the Borrower or any Subsidiary in the form of
acquisitions of all or substantially all of the business or a line of business or a separate operation (whether by the acquisition of capital stock, assets or any combination thereof) of any other Person if each such acquisition meets all of the
following requirements: 
 (a) the Agent and the Lenders (or only the Agent with respect to any Minor Acquisition) shall receive written
notice of such acquisition not less than ten (10) days prior to closing, together with a reasonable summary description of the relevant acquisition, pro forma projections and financial statements; 

(b) if the survivor/acquired entity or assets shall be (or shall be owned by) a Subsidiary upon the consummation of such transaction, the
survivor/acquired entity becomes a Guarantor and a party to the then current Loan Documents to the extent required to be and in accordance with the terms of such Loan Documents; 

(c) the acquired entity, assets or operations shall be in the food business, or a line of business reasonably related thereto; 

(d) with respect to any acquisition, immediately after giving effect to such acquisition and any incurrence of Indebtedness in connection
therewith, the Borrower and its Subsidiaries shall be in compliance, on a Pro Forma Basis, with a maximum Consolidated Leverage Ratio of 6.50:1.00, which compliance shall be evidenced by a certificate from a Responsible Officer of the Borrower
demonstrating such compliance calculation in reasonable detail; 

  
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 (e) no Default or Event of Default shall have occurred and be continuing as of the closing date
of the proposed acquisition (or in the case of a Limited Condition Acquisition, no Default or Event of Default shall have occurred and be continuing as of the date the definitive agreements for such Limited Condition Acquisition are entered into and
no Event of Default specified in Section 8.1(a) or (f) shall have occurred and be continuing as of the date such Limited Condition Acquisition is consummated); and 

(f) any amounts used to fund the purchase price of an entity that does not become a Guarantor (or of assets that do not become Collateral
(except to the extent constituting Excluded Assets (as defined in the ABL Collateral Agreement) of a person that is or becomes a Loan Party)) upon the consummation of such transaction shall not have come, directly or indirectly, from a Loan Party,
except to the extent of any Investment made in connection therewith by a Loan Party in a non-Guarantor in compliance with Section 7.2 (without reliance on Section 7.2(f)). 

“Permitted Discretion” means a determination made in the exercise of reasonable (from the perspective of a secured
asset-based lender) business judgment. 
 “Permitted Equity Issuance” means any sale or issuance (other than to a
Subsidiary) of any Equity Interests (other than Disqualified Equity Interests) of the Borrower; provided that no sale or issuance of Equity Interests of the Borrower consummated in connection with the Stipulation of Settlement shall
constitute a Permitted Equity Issuance. 
 “Permitted Liens” means those Liens permitted pursuant to Section 7.1.

 “Permitted Protest” means the right of Borrower or any of its Subsidiaries to protest any Lien (other than any Lien that
secures the Obligations), taxes (other than payroll taxes or taxes that are the subject of a United States federal tax lien), or rental payment, provided that (a) a reserve with respect to such obligation is established on Borrower’s or
its Subsidiaries’ books and records in such amount as is required under GAAP, (b) any such protest is instituted promptly and prosecuted diligently by Borrower or its Subsidiary, as applicable, in good faith, and (c) Agent is
satisfied that, while any such protest is pending, there will be no impairment of the enforceability, validity, or priority of any of Agent’s Liens. 

“Permitted Ratio Debt” means Indebtedness consisting of notes or loans under credit agreements, indentures or other similar
agreements or instruments; provided that (A) (1) the terms of such Indebtedness do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the date that is 91 days after the Maturity Date
(which, in the case of bridge loans, shall be determined by reference to the notes or loans into which such bridge loans are converted to or exchanged for at maturity if such exchange or conversion is not subject to any material conditions
precedent, and other than customary offers to repurchase or mandatory prepayments upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default), (2) the covenants, events of default,
guarantees and other terms of such Indebtedness are customary for similar Indebtedness in light of then-prevailing market conditions (it being understood that such Indebtedness shall not include any financial maintenance covenants, but that
customary cross-acceleration provisions may be included) and in any event, when taken as a whole (other than interest rate and redemption premiums), are not more restrictive to the Borrower and its Subsidiaries than those set forth in this Agreement
and (3) if such Indebtedness is subordinated, the Obligations shall have been, and while the Obligations remain outstanding no other Indebtedness (other than Indebtedness under the CS Term Loan Agreement) is or is permitted to be, designated as
“Designated Senior Debt” or its equivalent in respect of such Indebtedness; (B) immediately before and immediately after giving effect to the incurrence of such Indebtedness, no Default or Event of Default shall have occurred and be
continuing; and (C) immediately after giving effect to the incurrence of such Indebtedness and any substantially concurrent prepayment or repayment of Indebtedness with all or a portion of the proceeds of such Indebtedness, the Borrower and

  
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its Subsidiaries shall, on a Pro Forma Basis, be in compliance with a minimum Fixed Charge Coverage Ratio of 2.00:1.00, such compliance to be determined on the basis of the financial information
most recently delivered to the Agent and the Lenders pursuant to Section 6.1(a) or (b) and evidenced by a certificate from a Responsible Officer of the Borrower demonstrating such compliance calculation in reasonable detail.

 “Permitted Refinancing” means, with respect to any Person, any modification, refinancing, refunding, renewal,
replacement, redemption, repurchase, defeasance, exchange and/or extension (collectively, to “Refinance” or a “Refinancing” or “Refinanced”) of any Indebtedness (any such Indebtedness as so
modified, refinanced, refunded, renewed, replaced, redeemed, repurchased, defeased, exchanged and/or extended, “Refinancing Indebtedness”) of such Person; provided that (a) the principal amount (or, if issued with
original issue discount, the aggregate issue price) of such Refinancing Indebtedness does not exceed the principal amount of the Indebtedness so Refinanced except by an amount equal to unpaid accrued interest, fees and premium (including tender
premium) and penalties (if any) thereon plus upfront fees and original issue discount thereon, plus other reasonable and customary fees and expenses incurred or paid in connection with such Refinancing, plus an amount equal to any existing
commitment unutilized and letters of credit undrawn thereunder; (b) such Refinancing Indebtedness has a final maturity date equal to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than
the Weighted Average Life to Maturity of, the Indebtedness being Refinanced; (c) if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations under the Loan Documents, such Refinancing Indebtedness is subordinated
in right of payment to the Obligations under the Loan Documents on terms, taken as a whole, as favorable in all material respects to the Lenders as those contained in the documentation governing the Indebtedness being Refinanced; (d) if the
Indebtedness being Refinanced is unsecured, such Refinancing Indebtedness is unsecured; (e) if the Indebtedness being Refinanced is secured by a second-priority or other junior priority security interest in the Collateral and/or subject to any
intercreditor arrangements for the benefit of the Lenders (including the Intercreditor Agreement), such Refinancing Indebtedness is secured and subject to intercreditor arrangements on terms, taken as a whole, as favorable in all material respects
to the Lenders as those contained in the documentation governing the Indebtedness being Refinanced; (f) the terms and conditions of the Refinancing Indebtedness (excluding, for the avoidance of doubt, interest rates, interest margins, rate
floors, fees, funding discounts, original issue discounts and prepayment or redemption premiums) are, when taken as a whole, not materially more favorable to the lenders or holders providing such Refinancing Indebtedness than those applicable to the
Indebtedness being Refinanced, when taken as a whole, and (g) such Refinancing Indebtedness is not incurred or guaranteed by any Person who is not an obligor or guarantor, as applicable, on the Indebtedness being Refinanced. 

“Person” means natural persons, corporations, limited liability companies, limited partnerships, general partnerships,
limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political subdivisions thereof. 

“Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA (including a Pension Plan and
excluding a Multiemployer Plan), maintained for employees of the Borrower or any such Plan to which the Borrower is required to contribute on behalf of any of its employees. 

“Platform” has the meaning specified therefor in Section 17.9(c) of the Agreement. 

“Primary Syndication” means the syndication of 40% of the Commitments and Obligations by Wells Fargo occurring on or prior to
February 28, 2014. 

  
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 “Pro Forma Basis” means, in respect of a Specified Transaction, that such
Specified Transaction and the following transactions in connection therewith (to the extent applicable) shall be deemed to have occurred as of the first day of the applicable Measurement Period for the applicable covenant or requirement:
(a) historical income statement items (whether positive or negative) attributable to the property or Person, if any, subject to such Specified Transaction shall be (i) excluded (in the case of a Disposition of all or substantially all
Equity Interests in or assets of any Subsidiary or any business unit, division, product line or facility used for operations of the Borrower or any Subsidiary) and (ii) included (in the case of a purchase or other acquisition of all or
substantially all Equity Interests in or assets of any Person that becomes a Subsidiary or any business unit, division, product line or facility to be used for operations of the Borrower or any Subsidiary, in each case without giving effect to any
cost savings not otherwise reflected in the applicable income statement (except for cost savings (net of costs to achieve the savings) as would be permitted in a pro forma financial statement prepared in compliance with SEC Regulation S-X),
(b) any retirement or repayment of Indebtedness and (c) any incurrence or assumption of Indebtedness by the Borrower or any of its Subsidiaries (including, with respect to each Limited Condition Acquisition, and only during the period from
and after the related definitive agreement for such acquisition is entered into and until the earlier of the consummation of such acquisition or the termination of such agreement, any Indebtedness contemplated to be incurred in connection with such
Limited Condition Acquisition) (and if such Indebtedness has a floating or formula rate, such Indebtedness shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or
would be in effect with respect to such Indebtedness as at the relevant date of determination); provided that (A) Pro Forma Basis in respect of any Specified Transaction shall be calculated in a reasonable and factually supportable
manner and certified by a Responsible Officer of the Borrower and (B) any such calculation shall be subject to the applicable limitations set forth in the definition of Consolidated EBITDA. 

“Projections” means Borrower’s forecasted (a) balance sheets, (b) profit and loss statements, and
(c) cash flow statements, all prepared on a basis consistent with Borrower’s historical financial statements, together with appropriate supporting details and a statement of underlying assumptions. 

“Pro Rata Share” means, as of any date of determination: 

(a) with respect to a Lender’s obligation to make all or a portion of the Revolving Loans, with respect to such
Lender’s right to receive payments of interest, fees, and principal with respect to the Revolving Loans, and with respect to all other computations and other matters related to the Commitments or the Revolving Loans, the percentage obtained by
dividing (i) the Revolving Loan Exposure of such Lender by (ii) the aggregate Revolving Loan Exposure of all Lenders, 

(b) with respect to a Lender’s obligation to participate in the Letters of Credit, with respect to such Lender’s
obligation to reimburse Issuing Bank, and with respect to such Lender’s right to receive payments of Letter of Credit Fees, and with respect to all other computations and other matters related to the Letters of Credit, the percentage obtained
by dividing (i) the Revolving Loan Exposure of such Lender by (ii) the aggregate Revolving Loan Exposure of all Lenders; provided, that if all of the Revolving Loans have been repaid in full and all Commitments have been terminated,
but Letters of Credit remain outstanding, Pro Rata Share under this clause shall be determined as if the Commitments had not been terminated and based upon the Commitments as they existed immediately prior to their termination, and 

  
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 (c) with respect to all other matters and for all other matters as to a
particular Lender (including the indemnification obligations arising under Section 16.7 of the Agreement), the percentage obtained by dividing (i) the Revolving Loan Exposure of such Lender by (ii) the aggregate Revolving Loan
Exposure of all Lenders, in any such case as the applicable percentage may be adjusted by assignments permitted pursuant to Section 14.1; provided, that if all of the Loans have been repaid in full, all Letters of Credit have been
made the subject of Letter of Credit Collateralization, and all Commitments have been terminated, Pro Rata Share under this clause shall be determined as if the Revolving Loan Exposures had not been repaid, collateralized, or terminated and shall be
based upon the Revolving Loan Exposures as they existed immediately prior to their repayment, collateralization, or termination. 

“Protected Vendor” means any Person that is afforded the benefit of any Lien or trust upon agricultural products sold to
Borrower and/or its Subsidiaries and/or any proceeds of such agricultural products under any Growers’ Lien Law. 
 “Protective
Advances” has the meaning specified therefor in Section 2.3(d)(i) of the Agreement. 
 “Public Lender”
has the meaning specified therefor in Section 6.2 of the Agreement. 
 “Real Property” means any estates or
interests in real property now owned or hereafter acquired by Borrower or its Subsidiaries and the improvements thereto. 

“Receivable Reserves” means, as of any date of determination, those reserves that Agent deems necessary or appropriate, in
its Permitted Discretion and subject to Section 2.1(c), to establish and maintain (including reserves for foreign currency fluctuations with respect to Canadian dollars, rebates, discounts, warranty claims, and returns) with respect to
the Eligible Accounts or the Maximum Revolver Amount. 
 “Record” means information that is inscribed on a tangible medium
or that is stored in an electronic or other medium and is retrievable in perceivable form. 
 “Register” has the meaning
set forth in Section 14.1(h) of the Agreement. 
 “Registered Loan” has the meaning set forth in
Section 14.1(h) of the Agreement. 
 “Related Fund” means any Person (other than a natural person) that is
engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or
an Affiliate of an entity that administers, advises or manages a Lender. 
 “Release” means any release, spill, emission,
leaking, dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration into or through the environment or from, under, within or upon any building, structure, facility or fixture. 

“Remedial Action” means all actions taken to (a) clean up, remove, remediate, contain, treat, monitor, assess, evaluate,
or in any way address Hazardous Materials in the indoor or outdoor environment, (b) prevent or minimize a release or threatened release of Hazardous Materials so they do not migrate or endanger or threaten to endanger public health or welfare
or the indoor or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform any pre-remedial 

  
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studies, investigations, or post-remedial operation and maintenance activities, or (e) conduct any other actions with respect to Hazardous Materials required by Environmental Laws. 

“Replacement Lender” has the meaning specified therefor in Section 2.13(b) of the Agreement. 

“Report” has the meaning specified therefor in Section 16.16 of the Agreement. 

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day
notice period has been waived. 
 “Required Lenders” means, at any time, Lenders having or holding more than 50% of the
aggregate Revolving Loan Exposure of all Lenders; provided, that the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the determination of the Required Lenders; provided further that so long as there are
at least 3 Lenders, Required Lenders shall not consist of less than 2 Lenders. 
 “Reserves” means, as of any date of
determination, those reserves (other than Receivable Reserves, Bank Product Reserves, Inventory Reserves and Grower Payable Reserves) that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c),
to establish and maintain (including reserves with respect to (a) sums that Borrower or its Subsidiaries are required to pay under any Section of the Agreement or any other Loan Document (such as taxes, assessments, insurance premiums, or, in
the case of leased assets, rents or other amounts payable under such leases) and has failed to pay, and (b) amounts owing by Borrower or its Subsidiaries to any Person to the extent secured by a Lien on, or trust over, any of the Collateral
(other than a Permitted Lien), which Lien or trust, in the Permitted Discretion of Agent likely would have a priority superior to the Agent’s Liens (such as Liens or trusts in favor of landlords, warehousemen, carriers, mechanics, materialmen,
laborers, or suppliers, or Liens or trusts for ad valorem, excise, sales, or other taxes where given priority under applicable law) in and to such item of the Collateral) with respect to the Borrowing Base or the Maximum Revolver Amount. 

“Responsible Officer” means the chief executive officer, president, chief financial officer, treasurer, assistant treasurer
or controller of a Loan Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of
such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with respect to
any capital stock or other Equity Interest of any Person or any of its Subsidiaries, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
defeasance, acquisition, cancellation or termination of any such capital stock or other Equity Interest, or on account of any return of capital to any Person’s stockholders, partners or members (or the equivalent or any thereof) or any option,
warrant or other right to acquire any such dividend or other distribution or payment. 
 “Retained Percentage” means, with
respect to any fiscal year of the Borrower, (a) 100% minus (b) the percentage of Consolidated Excess Cash Flow for such fiscal year that is required to be used to prepay term loans under the CS Term Loan Agreement. 

“Revolver Usage” means, as of any date of determination, the sum of (a) the amount of outstanding Revolving Loans
(inclusive of Swing Loans and Protective Advances), plus (b) the amount of the Letter of Credit Usage. 

  
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 “Revolving Lender” means a Lender that has a Revolving Loan Commitment or that
has an outstanding Revolving Loan. 
 “Revolving Loan Exposure” means, with respect to any Revolving Lender, as of any date
of determination (a) prior to the termination of the Commitments, the amount of such Lender’s Commitment, and (b) after the termination of the Commitments, the aggregate outstanding principal amount of the Revolving Loans of such
Lender. 
 “Revolving Loans” has the meaning specified therefor in Section 2.1(a) of the Agreement. 

“Sanctioned Entity” means (a) a country or a government of a country, (b) an agency of the government of a country,
(c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a country sanctions program administered and
enforced by OFAC. 
 “Sanctioned Person” means a person named on the list of Specially Designated Nationals maintained by
OFAC. 
 “Sanctions” has the meaning specified therefor in Section 15.16(b) of the Agreement. 

“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and any
successor thereto. 
 “SEC” means the United States Securities and Exchange Commission and any successor thereto. 

“Secured Parties” means, collectively, the Lender Group and the Bank Product Providers. 

“Securities Account” means a securities account (as that term is defined in the Code). 

“Securities Act” means the Securities Act of 1933, as amended from time to time, and any successor statute. 

“Securitization” means any transaction or series of transactions entered into by the Borrower and any Subsidiaries pursuant
to which one or more Foreign Subsidiaries sell or otherwise transfer Securitization Assets to a Securitization Vehicle, and such Securitization Vehicle finances the acquisition of such Securitization Assets (i) with proceeds from the issuance
of Third Party Interests, (ii) with Sellers’ Retained Interests and/or (iii) with proceeds from the sale or collection of Securitization Assets previously purchased by such Securitization Vehicle. For purposes of this Agreement, the
“amount” or “principal amount” of any Securitization shall be deemed at any time to be (1) the aggregate principal or stated amount of the Third Party Interests (which stated amount may be described as a “net
investment”, “capital”, “invested amount” or similar term reflecting the amount invested in any beneficial interest constituting a Third Party Interest) incurred or issued pursuant to such Securitization, in each case
outstanding at such time, or (2) in the case of any Securitization in respect of which no such principal or stated amount is determinable, the cash purchase price paid by the buyer in connection with its purchase of Third Party Interests less
the amount of collections received in respect of such Third Party Interests and paid to such buyer, excluding any amounts applied to purchase fees or discount or in the nature of interest. 

  
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 “Securitization Assets” means any accounts receivable owed to any Foreign
Subsidiary, all collateral securing such accounts receivable, all contracts and contract rights and all guarantees or other obligations in respect of such accounts receivable, all proceeds of such accounts receivable and other assets (including
contract rights) which are the type customarily transferred in connection with securitizations of accounts receivable and which are sold, transferred or otherwise conveyed (or purported to be sold, transferred or otherwise conveyed) by a Foreign
Subsidiary to a Securitization Vehicle in connection with a Securitization permitted by Sections 7.3(h) and 7.5(m). 

“Securitization Vehicle” means a Foreign Subsidiary used solely for the purpose of effecting one or more Securitizations to
which a Foreign Subsidiary transfers Securitization Assets and which, in connection with such Securitization, issues Third Party Interests; provided, that (i) each such Person shall engage in no business other than the purchase of
Securitization Assets pursuant to Securitizations permitted by Sections 7.3(h) and 7.5(m), the issuance of Third Party Interests and any activities reasonably related thereto, (ii) no portion of the Indebtedness or other
obligations (contingent or otherwise) of such Person (x) is Guaranteed by the Borrower or any other Subsidiary, other than any Guarantee of obligations (other than of principal of, or interest on, Indebtedness) that may be deemed to exist
solely by virtue of Standard Securitization Undertakings, (y) is recourse to the Borrower or any other Subsidiary other than by virtue of Standard Securitization Undertakings and (z) is secured (contingently or otherwise) by any Lien on
assets of the Borrower or any other Subsidiary other than by virtue of Standard Securitization Undertakings, (iii) such Person has no contract, agreement, arrangement or understanding with the Borrower or any other Subsidiary other than
customary contracts, arrangements or agreements entered into with respect to the sale, purchase and servicing of Securitization Assets on market terms for similar securitization transactions and (iv) neither the Borrower nor any Subsidiary has
any obligations to maintain or preserve such Person’s financial condition or cause it to achieve certain levels of operating results other than pursuant to Standard Securitization Undertakings. 

“Sellers’ Retained Interests” means the debt or equity interests held by the Borrower or any Subsidiary in a
Securitization Vehicle to which Securitization Assets have been transferred in a Securitization permitted by Sections 7.3(h) and 7.5(m), including any such debt or equity received in consideration for the Securitization Assets
transferred. 
 “Senior Secured Net Leverage Ratio” means, as of the last day of the most recently completed Measurement
Period, the ratio of (a) Consolidated Funded Senior Secured Indebtedness as of such date (less the unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries as of such date) to (b) Consolidated EBITDA for such Measurement
Period. 
 “Settlement” has the meaning specified therefor in Section 2.3(e)(i) of the Agreement. 

“Settlement Date” has the meaning specified therefor in Section 2.3(e)(i) of the Agreement. 

“Sole Book Runner” has the meaning set forth in the preamble to the Agreement. 

“Sole Lead Arranger” has the meaning set forth in the preamble to the Agreement. 

“Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date
(a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the
amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such
Person’s ability to pay such debts and liabilities as they 

  
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mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an
unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount of contingent liabilities at any time shall be
computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Specified Transaction” means any incurrence or repayment of Indebtedness (excluding Indebtedness incurred for working
capital purposes) and including any contemplated incurrence of Indebtedness in connection with a Limited Condition Acquisition, unless and to the extent such Limited Condition Acquisition has been consummated without any such contemplated
Indebtedness or the definitive agreement for such Limited Condition Acquisition has been terminated) or Investment that results in a Person becoming a Subsidiary, any Permitted Acquisition or any Disposition that results in a Subsidiary ceasing to
be a Subsidiary of the Borrower, any Investment constituting an acquisition of a business unit, division, product line or facility of another Person or any Disposition of a business unit, division, product line or facility of the Borrower or a
Subsidiary, in each case whether by merger, consolidation, amalgamation, purchase, sale or otherwise. 
 “Standard Letter of Credit
Practice” means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices
applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city,
and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit. 

“Standard Securitization Undertakings” means representations, warranties, covenants and indemnities made by the Borrower or a
Subsidiary in connection with Securitizations permitted by Sections 7.3(h) and 7.5(m) which representations, warranties, covenants and indemnities are customarily included in securitizations of accounts receivable. 

“Stipulation of Settlement” means that certain Amended Stipulation of Settlement, dated as of August 20, 2013 and
finally approved by the United States District Court for the Northern District of California on January 10, 2014, with Judgment entered accordingly on January 21, 2014, to which the Borrower is party. 

“Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity
of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a
contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a
“Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “Supermajority
Lenders” means, at any time, Lenders having or holding more than 66 2/3% of the aggregate Revolving Loan Exposure of all Lenders; provided, that the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the
determination of the Required Lenders; provided further that so long as there are at least 3 Lenders, Supermajority Lenders shall not consist of less than 2 Lenders. 

  
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 “Swap Obligation” means, with respect to any Loan Party, any obligation to pay
or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 

“Swing Lender” means Wells Fargo or any other Lender that, at the request of Borrower and with the consent of Agent agrees,
in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement. 
 “Swing
Loan” has the meaning specified therefor in Section 2.3(b) of the Agreement. 
 “Swing Loan Exposure”
means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date. 

“Syndication Agent” has the meaning set forth in the preamble to the Agreement. 

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

“Tax Lender” has the meaning specified therefor in Section 15.2(a) of the Agreement. 

“Term Loan Documents” means the GE Term Loan Documents and the CS Term Loan Documents. 

“Termination Value” means, in respect of any one or more Hedge Agreements, after taking into account the effect of any
legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s),
and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided
by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender). 
 “Third Party
Interests” means, with respect to any Securitization, notes, bonds or other debt instruments, beneficial interests in a trust, ownership interests (including any fractional undivided interests) in a pool or pools of accounts receivable or
other interests or securities issued or sold for cash consideration by a Securitization Vehicle to banks, investors or other financing sources (other than the Borrower or its Subsidiaries) the proceeds of which are used to finance, in whole or in
part, the purchase by such Securitization Vehicle of accounts receivables or other Securitization Assets in a Securitization. 

“Threshold Amount” means $30,000,000. 

“Trademark Security Agreement” any patent security agreement entered into by one or more Loan Parties for the benefit of the
Agent and the other Secured Parties. 
 “Transactions” means, collectively, (a) the execution and delivery by the
Borrower and its Subsidiaries of the Loan Documents to which they are or are intended to be a party and the effectiveness of the Commitments hereunder, (b) the refinancing of all Indebtedness outstanding under the Existing Credit Facilities and
the termination of all commitments with respect thereto, (c) the execution and delivery of the CS Term Loan Agreement and the receipt by the Borrower of the net proceeds of the initial borrowing thereunder, (d) the execution and delivery
of the Indenture and the 

  
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receipt by the Borrower of the net proceeds of the Notes Issuance and (e) the payment of the fees and expenses incurred in connection with the consummation of the foregoing. 

“UCP” means, with respect to any Letter of Credit, the Uniform Customs and Practice for Documentary Credits 2007 Revision,
International Chamber of Commerce Publication No. 600 and any subsequent revision thereof adopted by the International Chamber of Commerce on the date such Letter of Credit is issued. 

“United States” means the United States of America. 

“Unused Line Fee” has the meaning specified therefor in Section 2.10(b) of the Agreement. 

“Voidable Transfer” has the meaning specified therefor in Section 18.8 of the Agreement. 

“Walnut Purchase Agreement” means any agreement, contract or other document entered into by the Borrower or any of its
Subsidiaries for the purchase of walnuts. 
 “Warrant” means the warrant, pursuant to that Securities Purchase Agreement
dated as of May 22, 2010, between the Borrower and OCM PF/FF Adamante Holdings, Ltd., as amended to the date hereof, to purchase approximately 4.4 million shares of the Borrower’s common stock. 

“Weaver Contract” means each of the following (i) Seed Agreement 2013, by and between Weaver Popcorn Company, Inc.
(“WPC”) and Borrower, dated as of March 7, 2013, (ii) 2014 First Crop Contract Agreement, by and between WPC and Borrower, dated as of October 30, 2013, (iii) Contract Packaging Agreement, by and between General
Mills Operations, Inc. and WPC, dated as of June 30, 2004, (iv) 2013 Second Crop Contract Agreement, by and between WPC and Borrower, dated as of March 20, 2013, (v) 2013 Crop Contract Agreement, by and between WPC and Borrower,
dated as of October 8, 2012 and (vi) any other contract by and between Borrower or any of its Subsidiaries and WPC. 

“Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years (and/or portion
thereof) obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final
maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness. 

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

  
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