Document:

EXHIBIT
4.5

 

Opti-Harvest,
Inc.

 

and

 

Colonial
Stock Transfer Company, Inc.,

 

as
Warrant Agent

 

Warrant
Agency Agreement

 

Dated
as of [_____], 2022

 

WARRANT
AGENCY AGREEMENT

 

WARRANT
AGENCY AGREEMENT, dated as of [____], 2022 (“Agreement”) between Opti-Harvest, Inc., a Delaware corporation (the “Company”),
and Colonial Stock Transfer Company, Inc., a corporation organized under the laws of Utah (the “Warrant Agent”).

 

WITNESSETH

 

WHEREAS,
pursuant to the terms of that certain Underwriting Agreement (“Underwriting Agreement”), dated [ ], 2022, by and among
the Company and EF Hutton, division of Benchmark Investments, LLC, as representative of the underwriters set forth therein (the “Representative”),
the Company is engaged in a public offering (the “Offering”) of up to [ ] units (each a “Unit”)
with each Unit consisting of one share (collectively, the “Shares”) of common stock of the Company, par value $0.0001
per share (the “Common Stock”), and a warrant (collectively, the “Warrants”) to purchase one share
of Common Stock (collectively, the “Warrant Shares”) at an exercise price of $[ ] per share, including Shares and
Warrants issuable pursuant to the underwriters’ over-allotment option;

 

WHEREAS,
upon the terms and subject to the conditions hereinafter set forth and pursuant to an effective registration statement on Form S-1, as
amended (File No. 333-[ ]) (the “Registration Statement”), and the terms and conditions of the Warrant Certificates,
the Company wishes to issue the Warrants in book entry form to the respective holders of the Warrants (the “Holders,”
which term shall include a Holder’s transferees, successors and assigns and “Holder” shall include, if the Warrants
are held in “street name,” a Participant (as defined below) or a designee appointed by such Participant); and

 

WHEREAS,
the Shares and Warrants to be issued in connection with the Offering shall be immediately separable and will be issued separately, but
will be purchased together in the Offering; and

 

WHEREAS,
the Company wishes the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing so to act, in connection with
the issuance, registration, transfer, exchange, exercise and replacement of the Warrants and, in the Warrant Agent’s capacity as
the Company’s transfer agent, the delivery of the Warrant Shares.

 

NOW,
THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the parties hereby agree as follows:

 

Section
1. Certain Definitions. For purposes of this Agreement, all capitalized terms not herein defined shall have the meanings hereby
indicated:

 

    	 

    	 

    

 

(a)
“Affiliate” has the meaning ascribed to it in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the
“Exchange Act”).

 

(b)
“Business Day” means any day other than Saturday, Sunday or other day on which commercial banks in The City of
New York are authorized or required by law to remain closed; provided, however, for clarification, commercial banks shall not be
deemed to be authorized or required by law to remain closed due to “stay at home,” “shelter-in-place,”
“non-essential employee” or any other similar orders or restrictions or the closure of any physical branch locations at
the direction of any governmental authority so long as the electronic funds transfer systems (including for wire transfers) of
commercial banks in The City of New York generally are open for use by customers on such day.

 

(c)
“Close of Business” on any given date means 5:00 p.m., New York City time, on such date; provided, however, that if
such date is not a Business Day it means 5:00 p.m., New York City time, on the next succeeding Business Day.

 

(d)
“Person” means an individual, corporation, association, partnership, limited liability company, joint venture, trust,
unincorporated organization, government or political subdivision thereof or governmental agency or other entity.

 

(e)
“Warrant Certificate” means a certificate in substantially the form attached as Exhibit 1 hereto, representing
such number of Warrant Shares as is indicated therein, provided that any reference to the delivery of a Warrant Certificate in this Agreement
shall include delivery of a Definitive Certificate or a Global Warrant (each as defined below).

 

All
other capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Warrant Certificate.

 

Section
2. Appointment of Warrant Agent. The Company hereby appoints the Warrant Agent to act as agent for the Company in accordance with
the terms and conditions hereof, and the Warrant Agent hereby accepts such appointment.

 

Section
3. Global Warrants.

 

(a)
The Warrants shall be registered securities and shall be evidenced by a global warrant (the “Global Warrants”), in
the form of the Warrant Certificate, which shall be deposited with the Warrant Agent and registered in the name of Cede & Co., a
nominee of The Depository Trust Company (the “Depositary”), or as otherwise directed by the Depositary. Ownership
of beneficial interests in the Warrants shall be shown on, and the transfer of such ownership shall be effected through, records maintained
by (i) the Depositary or its nominee for each Global Warrant or (ii) institutions that have accounts with the Depositary (such institution,
with respect to a Warrant in its account, a “Participant”).

 

(b)
If the Depositary subsequently ceases to make its book-entry settlement system available for the Warrants, the Company may instruct the
Warrant Agent regarding other arrangements for book-entry settlement. In the event that the Warrants are not eligible for, or it is no
longer necessary to have the Warrants available in, book-entry form, the Warrant Agent shall provide written instructions to the Depositary
to deliver to the Warrant Agent for cancellation each Global Warrant, and the Company shall instruct the Warrant Agent to deliver to
each Holder a Warrant Certificate.

 

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(c)
A Holder has the right to elect at any time or from time to time a Warrant Exchange (as defined below) pursuant to a Warrant Certificate
Request Notice (as defined below). Upon written notice by a Holder to the Company and the Warrant Agent for the exchange of some or all
of such Holder’s Global Warrants for a separate certificate in the form attached hereto as Exhibit 1 (such separate certificate,
a “Definitive Certificate”) evidencing the same number of Warrants, which request shall be in the form attached hereto
as Exhibit 2 (a “Warrant Certificate Request Notice” and the date of delivery of such Warrant Certificate Request
Notice by the Holder, the “Warrant Certificate Request Notice Date” and the surrender by the Holder to the Warrant
Agent of a number of Global Warrants for the same number of Warrants evidenced by a Warrant Certificate, a “Warrant Exchange”),
the Company and the Warrant Agent shall promptly effect the Warrant Exchange and the Company shall promptly issue and deliver to the
Holder a Definitive Certificate for such number of Warrants in the name set forth in the Warrant Certificate Request Notice. Such Definitive
Certificate shall be dated the original issue date of the Warrants, shall be executed either manually or by facsimile signature by an
authorized signatory of the Company, shall be in the form attached hereto as Exhibit 1 and shall be reasonably acceptable in all
respects to such Holder. In connection with a Warrant Exchange, the Company agrees to deliver the Definitive Certificate to the Holder
within ten (10) Business Days of the Warrant Certificate Request Notice pursuant to the delivery instructions in the Warrant Certificate
Request Notice (“Warrant Certificate Delivery Date”). If the Company fails for any reason to deliver to the Holder
the Definitive Certificate subject to the Warrant Certificate Request Notice by the Warrant Certificate Delivery Date, the Company shall
pay to the Holder, in cash, as liquidated damages and not as a penalty, for each $1,000 of Warrant Shares evidenced by such Definitive
Certificate (based on the VWAP (as defined in the Warrants) of the Shares on the Warrant Certificate Request Notice Date), $10 per Business
Day (increasing to $20 per Trading Day on the fifth Trading Day after such liquidated damages begin to accrue) for each Business Day
after such Warrant Certificate Delivery Date until such Definitive Certificate is delivered or, prior to delivery of such Warrant Certificate,
the Holder rescinds such Warrant Exchange. The Company covenants and agrees that, upon the date of delivery of the Warrant Certificate
Request Notice, the Holder shall be deemed to be the holder of the Definitive Certificate and, notwithstanding anything to the contrary
set forth herein, the Definitive Certificate shall be deemed for all purposes to contain all of the terms and conditions of the Warrants
evidenced by such Warrant Certificate and the terms of this Agreement, other than Sections 3(c), 3(d) and 9 herein, shall not apply to
the Warrants evidenced by the Definitive Certificate. Notwithstanding anything herein to the contrary, the Company shall act as warrant
agent with respect to any Definitive Certificate requested and issued pursuant to this section. Notwithstanding anything to the contrary
contained in this Agreement, in the event of inconsistency between any provision in this Agreement and any provision in a Definitive
Certificate, as it may from time to time be amended, the terms of such Definitive Certificate shall control.

 

(d)
A Holder of a Definitive Certificate (pursuant to a Warrant Exchange or otherwise) has the right to elect at any time or from time to
time a Global Warrants Exchange (as defined below) pursuant to a Global Warrants Request Notice (as defined below). Upon written notice
by a Holder to the Company for the exchange of some or all of such Holder’s Warrants evidenced by a Definitive Certificate for
a beneficial interest in Global Warrants held in book-entry form through the Depositary evidencing the same number of Warrants, which
request shall be in the form attached hereto as Exhibit 3 (a “Global Warrants Request Notice” and the date
of delivery of such Global Warrants Request Notice by the Holder, the “Global Warrants Request Notice Date” and the
surrender upon delivery by the Holder of the Warrants evidenced by Definitive Certificates for the same number of Warrants evidenced
by a beneficial interest in Global Warrants held in book-entry form through the Depositary, a “Global Warrants Exchange”),
the Company shall promptly effect the Global Warrants Exchange and shall promptly direct the Warrant Agent to issue and deliver to the
Holder Global Warrants for such number of Warrants in the Global Warrants Request Notice, which beneficial interest in such Global Warrants
shall be delivered by the Depositary’s Deposit and Withdrawal at Custodian (“DWAC”) system to the Holder pursuant
to the instructions in the Global Warrants Request Notice. In connection with a Global Warrants Exchange, the Company shall direct the
Warrant Agent to deliver the beneficial interest in such Global Warrants to the Holder within ten (10) Business Days of the Global Warrants
Request Notice pursuant to the delivery instructions in the Global Warrants Request Notice (“Global Warrants Delivery Date”).
If the Company fails for any reason to deliver to the Holder Global Warrants subject to the Global Warrants Request Notice by the Global
Warrants Delivery Date, the Company shall pay to the Holder, in cash, as liquidated damages and not as a penalty, for each $1,000 of
Warrant Shares evidenced by such Global Warrants (based on the VWAP (as defined in the Warrants) of the Shares on the Global Warrants
Request Notice Date), $10 per Business Day (increasing to $20 per Business Day on the fifth Business Day after such liquidated damages
begin to accrue) for each Business Day after such Global Warrants Delivery Date until such Global Warrants are delivered or, prior to
delivery of such Global Warrants, the Holder rescinds such Global Warrants Exchange. The Company covenants and agrees that, upon the
date of delivery of the Global Warrants Request Notice, the Holder shall be deemed to be the beneficial holder of such Global Warrants.

 

Section
4. Form of Warrant Certificates. The Warrant Certificate, together with the form of election to purchase Warrant Shares (“Notice
of Exercise”) and the form of assignment to be printed on the reverse thereof, shall be in the form of Exhibit 1 hereto.

 

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Section
5. Registration.

 

The
Warrant Agent will keep or cause to be kept at one of its offices, or at the office of one of its agents, books (“Warrant Register”)
for registration and transfer of the Global Warrants issued hereunder. The Company will keep or cause to be kept at one of its offices,
books for the registration and transfer of any Definitive Certificates issued hereunder and the Warrant Agent shall not have any obligation
to keep books and records with respect to any Definitive Certificates. Such Company books shall show the names and addresses of the respective
Holders of the Definitive Certificates, the number of warrants evidenced on the face of each such Definitive Certificate and the date
of each such Definitive Certificate.

 

Section
6. Transfer, Split Up, Combination and Exchange of Warrant Certificates; Mutilated, Destroyed, Lost or Stolen Warrant Certificates.
With respect to the Definitive Certificates, subject to the provisions of the Warrant Certificate and the last sentence of this first
paragraph of Section 6 and subject to applicable law, rules or regulations, or any “stop transfer” instructions applicable
to the Definitive Certificates, at any time after the closing date of the Offering, and at or prior to the Close of Business on the Termination
Date (as such term is defined in the Warrant Certificate), any Definitive Certificate may be transferred, split up, combined or exchanged
for another Definitive Certificate or Definitive Certificates, entitling the Holder to purchase a like number of Shares as the Definitive
Certificate surrendered then entitled such Holder to purchase. Any Holder desiring to transfer, split up, combine or exchange any Definitive
Certificate shall make such request in writing delivered to the Company, and shall surrender the Definitive Certificate to be transferred,
split up, combined or exchanged at the principal office of the Company. Any requested transfer of Warrants, whether in book-entry form
or certificate form, shall be accompanied by reasonable evidence of authority of the party making such request that may be required by
the Company. Thereupon the Warrant Agent shall, subject to the last sentence of this first paragraph of Section 6, countersign and deliver
to the Person entitled thereto a Definitive Certificate or Definitive Certificates, as the case may be, as so requested. The Company
may require payment from the Holder of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with
any transfer, split up, combination or exchange of Definitive Certificates.

 

Upon
receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of a Warrant Certificate,
which evidence shall include an affidavit of loss, or in the case of mutilated certificates, the certificate or portion thereof remaining,
and, in case of loss, theft or destruction, of indemnity in customary form and amount (but, with respect to any Definitive Certificates,
shall not include the posting of any bond by the Holder), and reimbursement to the Company of all reasonable expenses incidental thereto,
and upon surrender to the Company and cancellation of the Warrant Certificate if mutilated, the Company will make and deliver a new Warrant
Certificate of like tenor to the Holder in lieu of the Warrant Certificate so lost, stolen, destroyed or mutilated.

 

Section
7. Exercise of Warrants; Exercise Price; Termination Date.

 

(a)
The Warrants shall be exercisable commencing on the Initial Exercise Date (as defined in the Warrant Certificate). The Warrants shall
cease to be exercisable and shall terminate and become void as set forth in the Warrant Certificate. Subject to the foregoing and to
Section 7(b) below, the Holder of a Warrant may exercise the Warrant in whole or in part upon surrender of the Warrant Certificate, if
required, with the executed Notice of Exercise and payment of the Exercise Price (as defined in the Warrant Certificate), which may be
made, at the option of the Holder, by wire transfer or by certified or official bank check in United States dollars, to the Company at
the principal office of the Company. In the case of the Holder of a Global Warrant, the Holder shall deliver the executed Notice of Exercise
and the payment of the Exercise Price as described herein. Notwithstanding any other provision in this Agreement, a holder whose interest
in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form through the Depositary (or another established
clearing corporation performing similar functions), shall effect exercises by delivering to the Depositary (or such other clearing corporation,
as applicable) the appropriate instruction form for exercise, complying with the procedures to effect exercise that are required by the
Depositary (or such other clearing corporation, as applicable). No ink-original Notice of Exercise shall be required, nor shall any medallion
guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. The Company hereby acknowledges and agrees
that, with respect to a holder whose interest in a Global Warrant is a beneficial interest in a Global Warrant held in book-entry form
through the Depositary (or another established clearing corporation performing similar functions), upon delivery of irrevocable instructions
to such holder’s Participant to exercise such warrants, that solely for purposes of Regulation SHO under the Exchange Act that
such holder shall be deemed to have exercised such warrants.

 

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(b)
Upon receipt of a Notice of Exercise for a Cashless Exercise provided by a holder to the Depositary and/or the Company, as applicable
(as provided in Section 7(a) above), the Company will promptly calculate and transmit to the Warrant Agent the number of Warrant Shares
issuable in connection with such Cashless Exercise and deliver a copy of the Notice of Exercise to the Warrant Agent, which shall cause
to be delivered in accordance with the provisions of Section 7(c) such number of Warrant Shares in connection with such Cashless Exercise.

 

(c)
Upon the exercise of the Warrant Certificate pursuant to the terms of Section 2 of the Warrant Certificate, the Warrant Agent shall cause
the Warrant Shares underlying such Definitive Certificate or Global Warrant to be delivered to or upon the order of the Holder of such
Definitive Certificate or Global Warrant, registered in such name or names as may be designated by such Holder, no later than the Warrant
Share Delivery Date (as such term is defined in the Warrant Certificate). If the Company is then a participant in the DWAC system of
the Depositary and either (A) there is an effective registration statement permitting the issuance of the Warrant Shares to or resale
of the Warrant Shares by Holder or (B) the Warrant is being exercised via Cashless Exercise, then the certificates for Warrant Shares
shall be transmitted by the Warrant Agent to the Holder by crediting the account of the Holder’s broker with the Depositary through
its DWAC system. For the avoidance of doubt, if the Company becomes obligated to pay any amounts to any Holders pursuant to Section 2(d)(i)
or 2(d)(iv) of the Warrant Certificate, such obligation shall be solely that of the Company and not that of the Warrant Agent. Notwithstanding
anything else to the contrary in this Agreement, except in the case of a Cashless Exercise, if any Holder fails to duly deliver payment
to the Company of an amount equal to the aggregate Exercise Price of the Warrant Shares to be purchased upon exercise of such Holder’s
Warrant as set forth in Section 7(a) hereof by the Warrant Share Delivery Date, the Warrant Agent will not be obligated to deliver such
Warrant Shares (via DWAC or otherwise) until following receipt by the Company of such payment, and the applicable Warrant Share Delivery
Date shall be deemed extended by one day for each day (or part thereof) until such payment is delivered to the Company.

 

Section
8. Cancellation and Destruction of Warrant Certificates. All Warrant Certificates surrendered for the purpose of exercise, transfer,
split up, combination or exchange shall be surrendered to the Company or to any of its agents for cancellation or in canceled form.

 

Section
9. Certain Representations; Reservation and Availability of Shares or Cash.

 

(a)
This Agreement has been duly authorized, executed and delivered by the Company and, assuming due authorization, execution and delivery
hereof by the Warrant Agent, constitutes a valid and legally binding obligation of the Company enforceable against the Company in accordance
with its terms, and the Warrants have been duly authorized, executed and issued by the Company and, assuming due authentication thereof
by the Warrant Agent pursuant hereto and payment therefor by the Holders as provided in the Warrant Certificate, constitute valid and
legally binding obligations of the Company enforceable against the Company in accordance with their terms and entitled to the benefits
hereof; in each case except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium and other similar
laws relating to or affecting creditors’ rights generally or by general equitable principles (regardless of whether such enforceability
is considered in a proceeding in equity or at law).

 

(b)
As of the date hereof, the authorized share capital of the Company consists 101,000,000 shares, consisting of 100,000,000 shares of Common
Stock, of which 32,397,646 shares of Common Stock are issued and outstanding, and 1,000,000 shares of “blank check” preferred
stock, par value $0.0001 per share, one share of which is designated as Series A Preferred Stock and is issued and outstanding Except
as disclosed in the Registration Statement, there are no other outstanding obligations, warrants, options or other rights to subscribe
for or purchase from the Company any shares of Common Stock of the Company.

 

(c)
The Company covenants and agrees that it will cause to be reserved and kept available out of its authorized and unissued shares of Common
Stock or its authorized and issued shares of Common Stock held in its treasury, free from preemptive rights, the number of Warrant Shares
that will be sufficient to permit the exercise in full of all outstanding Warrants.

 

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(d)
The Company further covenants and agrees that it will pay when due and payable any and all federal and state transfer taxes and charges
which may be payable in respect of the original issuance or delivery of the Warrant Certificates or certificates evidencing Warrant Shares
upon exercise of the Warrants. The Company shall not, however, be required to pay any tax or governmental charge which may be payable
in respect of any transfer involved in the transfer or delivery of Warrant Certificates or the issuance or delivery of certificates for
Warrant Shares in a name other than that of the Holder of the Warrant Certificate evidencing Warrants surrendered for exercise or to
issue or deliver any certificate for Warrant Shares upon the exercise of any Warrants until any such tax or governmental charge shall
have been paid (any such tax or governmental charge being payable by the Holder of such Warrant Certificate at the time of surrender)
or until it has been established to the Company’s reasonable satisfaction that no such tax or governmental charge is due.

 

Section
10. Warrant Shares Record Date. Each Person in whose name any certificate for Warrant Shares is issued (or to whose broker’s
account is credited Warrant Shares through the DWAC system) upon the exercise of Warrants shall for all purposes be deemed to have become
the holder of record for the Warrant Shares represented thereby on, and such certificate shall be dated, the date on which submission
of the Notice of Exercise was made, provided that the Warrant Certificate evidencing such Warrant is duly surrendered (but only if required
herein) and payment of the Exercise Price (and any applicable transfer taxes) is received on or prior to the Warrant Share Delivery Date;
provided, however, that if the date of submission of the Notice of Exercise is a date upon which the Common Stock transfer books of the
Company are closed, such Person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated,
the next succeeding day on which the Common Stock transfer books of the Company are open.

 

Section
11. Adjustment of Exercise Price, Number of Warrant Shares or Number of the Company Warrants. The Exercise Price, the number of Warrant
Shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section
3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate,
the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than
Warrant Shares, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment
from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained
in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the Warrant Shares
shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to
the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number
of Warrant Shares purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided
herein.

 

Section
12. Certification of Adjusted Exercise Price or Number of Warrant Shares. Whenever the Exercise Price or the number of Warrant Shares
issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate
setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b)
promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the
Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

 

Section
13. Fractional Shares.

 

(a)
The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any
fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding
of such fraction to the nearest whole Warrant (rounded down).

 

(b)
The Company shall not issue fractions of Warrant Shares upon exercise of Warrants or distribute stock certificates which evidence fractional
Warrant Shares. Whenever any fraction of Warrant Shares would otherwise be required to be issued or distributed, the actual issuance
or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrant Certificate.

 

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Section
14. Conditions of the Warrant Agent’s Obligations. The Warrant Agent accepts its obligations herein set forth upon the terms
and conditions hereof, including the following to all of which the Company agrees and to all of which the rights hereunder of the Holders
from time to time of the Warrant Certificates shall be subject:

 

(a)
Compensation and Indemnification. The Company agrees promptly to pay the Warrant Agent the compensation detailed on Exhibit
4 hereto for all services rendered by the Warrant Agent and to reimburse the Warrant Agent for reasonable out-of-pocket expenses
(including reasonable counsel fees) incurred without gross negligence or willful misconduct finally adjudicated to have been directly
caused by the Warrant Agent in connection with the services rendered hereunder by the Warrant Agent. The Company also agrees to indemnify
the Warrant Agent for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, or willful
misconduct on the part of the Warrant Agent, finally adjudicated to have been directly caused by Warrant Agent hereunder, including the
reasonable costs and expenses of defending against any claim of such liability. The Warrant Agent shall be under no obligation to institute
or defend any action, suit, or legal proceeding in connection herewith or to take any other action likely to involve the Warrant Agent
in expense, unless first indemnified to the Warrant Agent’s satisfaction. The indemnities provided by this paragraph shall survive
the resignation or discharge of the Warrant Agent or the termination of this Agreement. Anything in this Agreement to the contrary notwithstanding,
in no event shall the Warrant Agent be liable under or in connection with the Agreement for indirect, special, incidental, punitive or
consequential losses or damages of any kind whatsoever, including, but not limited, to lost profits, whether or not foreseeable, even
if the Warrant Agent has been advised of the possibility thereof and regardless of the form of action in which such damages are sought,
and the Warrant Agent’s aggregate liability to the Company, or any of the Company’s representatives or agents, under this
Section 14(a) or under any other term or provision of this Agreement, whether in contract, tort, or otherwise, is expressly limited to,
and shall not exceed in any circumstances, one (1) year’s fees received by the Warrant Agent as fees and charges under this Agreement,
but not including reimbursable expenses previously reimbursed to the Warrant Agent by the Company hereunder.

 

(b)
Agent for the Company. In acting under this Warrant Agreement and in connection with the Warrant Certificates, the Warrant Agent
is acting solely as agent of the Company and does not assume any obligations or relationship of agency or trust for or with any of the
Holders of Warrant Certificates or beneficial owners of Warrants.

 

(c)
Counsel. The Warrant Agent may consult with counsel satisfactory to it, which may include counsel for the Company, and the written
advice of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by
it hereunder in good faith and in accordance with the advice of such counsel.

 

(d)
Documents. The Warrant Agent shall be protected and shall incur no liability for or in respect of any action taken or omitted
by it in reliance upon any Warrant Certificate, notice, direction, consent, certificate, affidavit, statement or other paper or document
reasonably believed by it to be genuine and to have been presented or signed by the proper parties.

 

(e)
Certain Transactions. The Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest
in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted
by applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as
depositary, trustee or agent for, any committee or body of Holders of the Warrants or other obligations of the Company as freely as if
it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as
trustee under any indenture to which the Company is a party.

 

(f)
No Liability for Interest. Unless otherwise agreed with the Company, the Warrant Agent shall have no liability for interest on
any monies at any time received by it pursuant to any of the provisions of this Agreement or of the Warrant Certificates.

 

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(g)
No Liability for Invalidity. The Warrant Agent shall have no liability with respect to any invalidity of this Agreement or the
Warrant Certificates (except as to the Warrant Agent’s countersignature thereon).

 

(h)
No Responsibility for Representations. The Warrant Agent shall not be responsible for any of the recitals or representations herein
or in the Warrant Certificate (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the
Company.

 

(i)
No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are herein and in the Warrant Certificates
specifically set forth and no implied duties or obligations shall be read into this Agreement or the Warrant Certificates against the
Warrant Agent. The Warrant Agent shall not be under any obligation to take any action hereunder which may tend to involve it in any expense
or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall
not be accountable or under any duty or responsibility for the use by the Company of any of the Warrant Certificates authenticated by
the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds
of the Warrant Certificate. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance
of its covenants or agreements contained herein or in the Warrant Certificates or in the case of the receipt of any written demand from
a Holder of a Warrant Certificate with respect to such default, including, without limiting the generality of the foregoing, any duty
or responsibility to initiate or attempt to initiate any proceedings at law.

 

Section
15. Purchase or Consolidation or Change of Name of Warrant Agent. Any corporation into which the Warrant Agent or any successor Warrant
Agent may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the
Warrant Agent or any successor Warrant Agent shall be party, or any corporation succeeding to the corporate trust business of the Warrant
Agent or any successor Warrant Agent, shall be the successor to the Warrant Agent under this Agreement without the execution or filing
of any paper or any further act on the part of any of the parties hereto, provided that such corporation would be eligible for appointment
as a successor Warrant Agent under the provisions of Section 17. In case at the time such successor Warrant Agent shall succeed to the
agency created by this Agreement any of the Warrant Certificates shall have been countersigned but not delivered, any such successor
Warrant Agent may adopt the countersignature of the predecessor Warrant Agent and deliver such Warrant Certificates so countersigned;
and in case at that time any of the Warrant Certificates shall not have been countersigned, any successor Warrant Agent may countersign
such Warrant Certificates either in the name of the predecessor Warrant Agent or in the name of the successor Warrant Agent; and in all
such cases such Warrant Certificates shall have the full force provided in the Warrant Certificates and in this Agreement.

 

In
case at any time the name of the Warrant Agent shall be changed and at such time any of the Warrant Certificates shall have been countersigned
but not delivered, the Warrant Agent may adopt the countersignature under its prior name and deliver such Warrant Certificates so countersigned;
and in case at that time any of the Warrant Certificates shall not have been countersigned, the Warrant Agent may countersign such Warrant
Certificates either in its prior name or in its changed name; and in all such cases such Warrant Certificates shall have the full force
provided in the Warrant Certificates and in this Agreement.

 

Section
16. Duties of Warrant Agent. The Warrant Agent undertakes the duties and obligations imposed by this Agreement upon the following
terms and conditions, by all of which the Company, by its acceptance hereof, shall be bound:

 

(a)
The Warrant Agent may consult with legal counsel reasonably acceptable to the Company (who may be legal counsel for the Company), and
the opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent as to any action taken or omitted
by it in good faith and in accordance with such opinion.

 

(b)
Whenever in the performance of its duties under this Agreement the Warrant Agent shall deem it necessary or desirable that any fact or
matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence
in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate signed
by the Chief Executive Officer or Chief Financial Officer of the Company; and such certificate shall be full authentication to the Warrant
Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon such certificate.

 

    	8

    	 

    

 

(c)
Subject to the limitation set forth in Section 14, the Warrant Agent shall be liable hereunder only for its own gross negligence or willful
misconduct, or for any intentional breach by it of this Agreement.

 

(d)
The Warrant Agent shall not be liable for or by reason of any of the statements of fact or recitals contained in this Agreement or in
the Warrant Certificate (except its countersignature thereof) by the Company or be required to verify the same, but all such statements
and recitals are and shall be deemed to have been made by the Company only.

 

(e)
The Warrant Agent shall not be under any responsibility in respect of the validity of this Agreement or the execution and delivery hereof
(except the due execution hereof by the Warrant Agent) or in respect of the validity or execution of any Warrant Certificate (except
its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this
Agreement or in any Warrant Certificate; nor shall it be responsible for the adjustment of the Exercise Price or the making of any change
in the number of Warrant Shares required under the provisions of Section 11 or 13 or responsible for the manner, method or amount of
any such change or the ascertaining of the existence of facts that would require any such adjustment or change (except with respect to
the exercise of Warrants evidenced by the Warrant Certificates after actual notice of any adjustment of the Exercise Price); nor shall
it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any Warrant Shares
to be issued pursuant to this Agreement or any Warrant Certificate or as to whether any Warrant Shares will, when issued, be duly authorized,
validly issued, fully paid and nonassessable.

 

(f)
Each party hereto agrees that it will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and
delivered all such further and other acts, instruments and assurances as may reasonably be required by the other party hereto for the
carrying out or performing by any party of the provisions of this Agreement.

 

(g)
The Warrant Agent is hereby authorized to accept instructions with respect to the performance of its duties hereunder from the Chief
Executive Officer or Chief Financial Officer of the Company, and to apply to such officers for advice or instructions in connection with
its duties, and it shall not be liable and shall be indemnified and held harmless for any action taken or suffered to be taken by it
in good faith in accordance with instructions of any such officer, provided Warrant Agent carries out such instructions without gross
negligence or willful misconduct.

 

(h)
The Warrant Agent and any shareholder, director, officer or employee of the Warrant Agent may buy, sell or deal in any of the Warrants
or other securities of the Company or become pecuniarily interested in any transaction in which the Company may be interested, or contract
with or lend money to the Company or otherwise act as fully and freely as though it were not Warrant Agent under this Agreement. Nothing
herein shall preclude the Warrant Agent from acting in any other capacity for the Company or for any other legal entity.

 

(i)
The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either itself
or by or through its attorney or agents, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or
misconduct of any such attorney or agents or for any loss to the Company resulting from any such act, default, neglect or misconduct,
provided reasonable care was exercised in the selection and continued employment thereof.

 

    	9

    	 

    

 

Section
17. Change of Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign and be discharged from its
duties under this Agreement upon 30 days’ notice in writing sent to the Company or such shorter period of time agreed to by the
Company. The Company may remove the Warrant Agent or any successor Warrant Agent upon 30 days’ notice in writing, sent to the Warrant
Agent or successor Warrant Agent, as the case may be, or such shorter period of time as agreed. If the office of the Warrant Agent becomes
vacant by resignation, termination or incapacity to act or otherwise, the Company shall appoint a successor to the Warrant Agent. If
the Company shall fail to make such appointment within a period of 30 days after it has been notified in writing of such resignation
or incapacity by the Warrant Agent, then the Warrant Agent or any Holder of any Warrant Certificate may apply to any court of competent
jurisdiction for the appointment of a new Warrant Agent, provided that, for purposes of this Agreement, the Company shall be deemed to
be the Warrant Agent until a new warrant agent is appointed. Any successor Warrant Agent (but not including the initial Warrant Agent),
whether appointed by the Company or by such a court, shall be a corporation organized and doing business under the laws of the United
States or of a state thereof, in good standing, which is authorized under such laws to exercise corporate trust powers and is subject
to supervision or examination by federal or state authority. After appointment, any successor Warrant Agent shall be vested with all
the authority, powers, rights, immunities, duties, and obligations of its predecessor Warrant Agent with like effect as if originally
named as Warrant Agent hereunder, without any further act or deed, and except for executing and delivering documents as provided in the
sentence that follows, the predecessor Warrant Agent shall have no further duties, obligations, responsibilities or liabilities hereunder,
but shall be entitled to all rights that survive the termination of this Warrant Agreement and the resignation or removal of the Warrant
Agent, including, but not limited to, its right to indemnity hereunder. If for any reason it becomes necessary or appropriate or at the
request of the Company, the predecessor Warrant Agent shall execute and deliver, at the expense of the Company, an instrument transferring
to such successor Warrant Agent all the authority, powers, and rights of such predecessor Warrant Agent hereunder; and upon request of
any successor Warrant Agent the Company shall make, execute, acknowledge, and deliver any and all instruments in writing for more fully
and effectually vesting in and confirming to such successor Warrant Agent all such authority, powers, rights, immunities, duties, and
obligations.

 

Section
18. Issuance of New Warrant Certificates. Notwithstanding any of the provisions of this Agreement or of the Warrants to the contrary,
the Company may, at its option, issue new Warrant Certificates evidencing Warrants in such form as may be approved by its Board of Directors
to reflect any adjustment or change in the Exercise Price per share and the number or kind or class of shares or other securities or
property purchasable under the several Warrant Certificates made in accordance with the provisions of this Agreement.

 

Section
19. Notices. Notices or demands authorized by this Agreement to be given or made (i) by the Warrant Agent or by the Holder of any
Warrant Certificate to or on the Company, (ii) subject to the provisions of Section 17, by the Company or by the Holder of any Warrant
Certificate to or on the Warrant Agent or (iii) by the Company or the Warrant Agent to the Holder of any Warrant Certificate shall be
deemed given (a) on the date delivered, if delivered personally, (b) on the first Business Day following the deposit thereof with Federal
Express or another recognized overnight courier, if sent by Federal Express or another recognized overnight courier, (c) on the fourth
Business Day following the mailing thereof with postage prepaid, if mailed by registered or certified mail (return receipt requested),
and (d) the date of transmission, if such notice or communication is delivered via facsimile or email attachment at or prior to 5:30
p.m. (New York City time) on a Business Day and (e) the next Business Day after the date of transmission, if such notice or communication
is delivered via facsimile or email attachment on a day that is not a Business Day or later than 5:30 p.m. (New York City time) on any
Business Day, in each case to the parties at the following addresses (or at such other address for a party as shall be specified by like
notice):

 

(a)
If to the Company, to

 

Opti-Harvest,
Inc.

1801
Century Park East, Suite 520

Los
Angeles, California 90067

Attn:
Jonathan Destler, Chief Executive Officer

Email:
jdestler@opti-harvest.com

 

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

 

Law
Offices of Thomas E. Puzzo, PLLC

3823
44th Ave. NE

Seattle,
Washington 98105

Attention:
Thomas E. Puzzo

E-mail:
tpuzzo@puzzolaw.com

 

    	10

    	 

    

 

(b)
If to the Warrant Agent, to

 

Colonial
Stock Transfer Company, Inc.

66
Exchange Place, Suite 100

Salt
Lake City, Utah 84111

Attention:
Jason Carter

E-mail:
jasoncarter@colonialstock.com

 

For
any notice delivered by email to be deemed given or made, such notice must be followed by notice sent by overnight courier service to
be delivered on the next business day following such email, unless the recipient of such email has acknowledged via return email receipt
of such email.

 

(c)
If to the Holder of any Warrant Certificate to the address of such Holder as shown on the registry books of the Company. Any notice required
to be delivered by the Company to the Holder of any Warrant may be given by the Warrant Agent on behalf of the Company. Notwithstanding
any other provision of this Agreement, where this Agreement provides for notice of any event to a Holder of any Warrant, such notice
shall be sufficiently given if given to the Depositary (or its designee) pursuant to the procedures of the Depositary or its designee.

 

Section
20. Supplements and Amendments.

 

(a)
The Company and the Warrant Agent may from time to time supplement or amend this Agreement without the approval of any Holders of Global
Warrants in order to add to the covenants and agreements of the Company for the benefit of the Holders of the Global Warrants or to surrender
any rights or power reserved to or conferred upon the Company in this Agreement, provided that such addition or surrender shall not adversely
affect the interests of the Holders of the Global Warrants or Warrant Certificates in any material respect.

 

(b)
In addition to the foregoing, with the consent of Holders of Warrants entitled, upon exercise thereof, to receive not less than a majority
of the Warrant Shares issuable thereunder, the Company and the Warrant Agent may modify this Agreement for the purpose of adding any
provisions to or changing in any manner or eliminating any of the provisions of this Warrant Agreement or modifying in any manner the
rights of the Holders of the Global Warrants; provided, however, that no modification of the terms (including but not limited to the
adjustments described in Section 11) upon which the Warrants are exercisable or the rights of holders of Warrants to receive liquidated
damages or other payments in cash from the Company or reducing the percentage required for consent to modification of this Agreement
may be made without the consent of the Holder of each outstanding Warrant Certificate affected thereby; provided further, however, that
no amendment hereunder shall affect any terms of any Warrant Certificate issued in a Warrant Exchange. As a condition precedent to the
Warrant Agent’s execution of any amendment, the Company shall deliver to the Warrant Agent a certificate from a duly authorized
officer of the Company that states that the proposed amendment complies with the terms of this Section 20.

 

Section
21. Successors. All covenants and provisions of this Agreement by or for the benefit of the Company or the Warrant Agent shall bind
and inure to the benefit of their respective successors and assigns hereunder.

 

Section
22. Benefits of this Agreement. Nothing in this Agreement shall be construed to give any Person other than the Company, the Holders
of Warrant Certificates and the Warrant Agent any legal or equitable right, remedy or claim under this Agreement. This Agreement shall
be for the sole and exclusive benefit of the Company, the Warrant Agent and the Holders of the Warrant Certificates.

 

Section
23. Governing Law. This Agreement and each Warrant Certificate and Global Warrant issued hereunder shall be governed by, and construed
in accordance with, the laws of the State of New York, without giving effect to the conflicts of law principles thereof.

 

Section
24. Counterparts. This Agreement may be executed in any number of counterparts and each of such counterparts shall for all purposes
be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

    	11

    	 

    

 

Section
25. Captions. The captions of the sections of this Agreement have been inserted for convenience only and shall not control or affect
the meaning or construction of any of the provisions hereof.

 

Section
26. Information. The Company agrees to promptly provide to the Holders of the Warrants any information it provides to the holders
of the Common Stock, except to the extent any such information is publicly available on the EDGAR system (or any successor thereof) of
the Securities and Exchange Commission.

 

[signature
page follows]

 

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

 

    	12

    	 

    

 

EXHIBIT
1

 

Warrant
Certificate

 

COMMON
STOCK PURCHASE WARRANT

 

OPTI-HARVEST,
INC.

 

	Warrant
    Shares: [_______]	Initial
    Exercise Date: [_______], 2022

 

THIS
COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the
“Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set
forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York
City time) on [_____]1 (the “Termination Date”) but not thereafter, to subscribe for and purchase from
Opti-Harvest, Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder,
the “Warrant Shares”) of Common Stock. The purchase price of one Warrant Share under this Warrant shall be equal to
the Exercise Price, as defined in Section 2(b). This Warrant shall initially be issued and maintained in the form of a security held
in book-entry form and the Depository Trust Company or its nominee (“DTC”) shall initially be the sole registered
holder of this Warrant, subject to a Holder’s right to elect to receive a Warrant in certificated form pursuant to the terms of
the Warrant Agency Agreement, in which case this sentence shall not apply.

 

Section
1. Definitions. In addition to the terms defined elsewhere in this Warrant, the following terms have the meanings indicated in this
Section 1:

 

“Affiliate”
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control
with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

 

“Bid
Price” means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock
is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date)
on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30
a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average
price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not
then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or
a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share so reported, or
(d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith
by the Holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses
of which shall be paid by the Company.

 

“Board
of Directors” means the board of directors of the Company.

 

“Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in The City of New York are authorized
or required by law to remain closed; provided, however, for clarification, commercial banks shall not be deemed to be authorized or required
by law to remain closed due to “stay at home”, “shelter-in-place”, “non-essential employee” or any
other similar orders or restrictions or the closure of any physical branch locations at the direction of any governmental authority so
long as the electronic funds transfer systems (including for wire transfers) of commercial banks in The City of New York generally are
open for use by customers on such day.

 

1
Insert the date that is the five (5) year anniversary of the Initial Exercise Date, provided that, if such date is not a Trading
Day, insert the immediately following Trading Day.

 

    	13

    	 

    

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the common stock of the Company, par value $0.0001 per share, and any other class of securities into which such
securities may hereafter be reclassified or changed.

 

“Common
Stock Equivalents” means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire
at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is
at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Exempt
Issuance” means the issuance of (i) shares of Common Stock or options to employees, officers or directors of the Company or
consultants to the Company pursuant to any stock or option plan or other written agreement duly adopted for such purpose, by a majority
of the non-employee members of the Board of Directors or a majority of the members of a committee of non-employee directors established
for such purpose for services rendered to the Company, provided, however, such issuance (A) shall not exceed fifteen percent (15%) of
the Common Stock issued and outstanding as of the date hereof, (B) shall be at no less than fair market value (as measured by the closing
price of the Common Stock on the Trading Market on the date of issuance) and (C) in the first year from the date hereof shall be issued
as restricted securities; (ii) securities upon the exercise or exchange of or conversion of any securities exercisable or exchangeable
for or convertible into Common Stock issued and outstanding on the date of this Agreement, provided that such securities have not been
amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price, exchange price
or conversion price of such securities (other than in connection with stock splits or combinations) or to extend the term of such securities;
(iii) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the
Company or securities issued in financing transactions, the primary purpose of which is to finance acquisitions or strategic transactions
approved by a majority of the disinterested directors of the Company, provided that such securities are issued as “restricted securities”
(as defined in Rule 144) and carry no registration rights that require or permit the filing of any registration statement in connection
therewith, and provided that any such issuance shall only be to a Person (or to the equity holders of a Person) which is, itself or through
its subsidiaries, an operating company or an owner of an asset in a business synergistic with the business of the Company and shall provide
to the Company additional benefits in addition to the investment of funds, but shall not include a transaction in which the Company is
issuing securities primarily for the purpose of raising capital or to a person or an entity whose primary business is investing in securities;
(iv) shares of Common Stock, options or convertible securities issued to banks, equipment lessors or other financial institutions, or
to real property lessors, pursuant to a debt financing, equipment leasing or real property leasing transaction approved by a majority
of the disinterested directors of the Company but shall not include a transaction in which the company is primarily issuing Common Stock
or Common Stock Equivalents primarily for the purpose of raising capital or to a person or an entity whose primary business is investing
in securities; (v) shares of Common Stock, options or convertible securities issued in connection with the provision of goods or services
pursuant to transactions approved by a majority of the disinterested directors of the Company but shall not include a transaction in
which the company is issuing Common Stock or Common Stock Equivalents primarily for the purpose of raising capital or to a person or
an entity whose primary business is investing in securities; and (vi) shares of Common Stock, options or convertible securities issued
in connection with sponsored research, collaboration, technology license, development, investor or public relations, marketing or other
similar agreements or strategic partnerships approved by a majority of the disinterested directors of the Company but shall not include
a transaction in which the Company is primarily issuing Common Stock or Common Stock Equivalents primarily for the purpose of raising
capital or to a person or an entity whose primary business is investing in securities.

 

    	14

    	 

    

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“Registration
Statement” means the Company’s registration statement on Form S-1, as amended (File No. 333-[ ]).

 

“Securities
Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

“Subsidiary”
means any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed
or acquired after the date hereof.

 

“Trading
Day” means a day on which the Common Stock is traded on a Trading Market.

 

“Trading
Market” means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date
in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock
Exchange, or OTCQB or OTCQX (or any successors to any of the foregoing).

 

“Transfer
Agent” means Colonial Stock Transfer Company, Inc., the current transfer agent of the Company, with a mailing address of 66
Exchange Place, Suite 100, Salt Lake City, Utah 84111, and a facsimile number of (801) 355-6505, and any successor transfer agent of
the Company.

 

“Underwriting
Agreement” means the underwriting agreement, dated as of _________2022, among the Company and EF Hutton, division of Benchmark
Investments, LLC, as representative of the underwriters named therein, as amended, modified or supplemented from time to time in accordance
with its terms.

 

“Variable
Rate Transaction” means a transaction in which the Company (i) issues or sells any debt or equity securities that are convertible
into, exchangeable or exercisable for, or include the right to receive, additional shares of Common Stock either (A) at a conversion
price, exercise price or exchange rate or other price that is based upon, and/or varies with, the trading prices of or quotations for
the Common Stock at any time after the initial issuance of such debt or equity securities or (B) with a conversion, exercise or exchange
price that is subject to being reset at some future date after the initial issuance of such debt or equity security or upon the occurrence
of specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock or
(ii) enters into, or effects a transaction under, any agreement, including, but not limited to, an equity line of credit, whereby the
Company may issue securities at a future determined price.

 

“VWAP”
means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed
or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date)
on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30
a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average
price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not
then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or
a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of Common Stock
so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected
in good faith by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the
fees and expenses of which shall be paid by the Company.

 

    	15

    	 

    

 

“Warrant
Agency Agreement” means that certain warrant agency agreement, dated on or about the Initial Exercise Date, between the Company
and the Warrant Agent.

 

“Warrant
Agent” means the Transfer Agent and any successor warrant agent of the Company.

 

“Warrants”
means this Warrant and other Common Stock purchase warrants issued by the Company pursuant to the Registration Statement.

 

Section
2. Exercise.

 

a)
Exercise of Warrant. Exercise of the purchase rights represented by this Warrant may be made, in whole or in part, at any time
or times on or after the Initial Exercise Date and on or before the Termination Date by delivery to the Company of a duly executed facsimile
copy or PDF copy submitted by e-mail (or e-mail attachment) of the Notice of Exercise in the form annexed hereto (the “Notice
of Exercise”). Within the earlier of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement
Period (as defined in Section 2(d)(i) herein) following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise
Price for the shares specified in the applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States
bank unless the cashless exercise procedure specified in Section 2(c) below is specified in the applicable Notice of Exercise. No ink-original
Notice of Exercise shall be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of
Exercise be required. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this
Warrant to the Company until the Holder has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised
in full, in which case, the Holder shall surrender this Warrant to the Company for cancellation within three (3) Trading Days of the
date on which the final Notice of Exercise is delivered to the Company. Partial exercises of this Warrant resulting in purchases of a
portion of the total number of Warrant Shares available hereunder shall have the effect of lowering the outstanding number of Warrant
Shares purchasable hereunder in an amount equal to the applicable number of Warrant Shares purchased. The Holder and the Company shall
maintain records showing the number of Warrant Shares purchased and the date of such purchases. The Company shall deliver any objection
to any Notice of Exercise within one (1) Business Day of receipt of such notice. The Holder and any assignee, by acceptance of this Warrant,
acknowledge and agree that, by reason of the provisions of this paragraph, following the purchase of a portion of the Warrant Shares
hereunder, the number of Warrant Shares available for purchase hereunder at any given time may be less than the amount stated on the
face hereof.

 

Notwithstanding
the foregoing in this Section 2(a), a holder whose interest in this Warrant is a beneficial interest in certificate(s) representing this
Warrant held in book-entry form through DTC (or another established clearing corporation performing similar functions), shall effect
exercises made pursuant to this Section 2(a) by delivering to DTC (or such other clearing corporation, as applicable) the appropriate
instruction form for exercise, complying with the procedures to effect exercise that are required by DTC (or such other clearing corporation,
as applicable), subject to a Holder’s right to elect to receive a Warrant in certificated form pursuant to the terms of the Warrant
Agency Agreement, in which case this sentence shall not apply.

 

b)
Exercise Price. The exercise price per Warrant Share under this Warrant shall be $[__],2 subject to adjustment hereunder
(the “Exercise Price”), provided that in no case shall the exercise price be less than the par value of the Common
Stock. The Holder shall not be entitled to the return or refund of all, or any portion, of such pre-paid aggregate exercise price under
any circumstance or for any reason whatsoever, including in the event this Warrant shall not have been exercised prior to the Termination
Date.

 

c)
Cashless Exercise. If at the time of exercise hereof there is no effective registration statement registering, or the prospectus
contained therein is not available for the issuance of the Warrant Shares to the Holder, then this Warrant may also be exercised, in
whole or in part, at such time by means of a “cashless exercise” in which the Holder shall be entitled to receive a number
of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:

 

2
125% of the public offering price per unit sold in this offering.

 

    	16

    	 

    

 

	 	(A)
    =	as
    applicable: (i) the VWAP on the Trading Day immediately preceding the date of the applicable Notice of Exercise if such Notice of
    Exercise is (1) both executed and delivered pursuant to Section 2(a) hereof on a day that is not a Trading Day or (2) both executed
    and delivered pursuant to Section 2(a) hereof on a Trading Day prior to the opening of “regular trading hours” (as defined
    in Rule 600(b)(68) of Regulation NMS promulgated under the federal securities laws) on such Trading Day, (ii) at the option of the
    Holder, either (y) the VWAP on the Trading Day immediately preceding the date of the applicable Notice of Exercise or (z) the Bid
    Price of the Common Stock on the principal Trading Market as reported by Bloomberg L.P. (“Bloomberg”) as of the
    time of the Holder’s execution of the applicable Notice of Exercise if such Notice of Exercise is executed during “regular
    trading hours” on a Trading Day and is delivered within two (2) hours thereafter (including until two (2) hours after the close
    of “regular trading hours” on a Trading Day) pursuant to Section 2(a) hereof or (iii) the VWAP on the date of the applicable
    Notice of Exercise if the date of such Notice of Exercise is a Trading Day and such Notice of Exercise is both executed and delivered
    pursuant to Section 2(a) hereof after the close of “regular trading hours” on such Trading Day;

 

	 	(B)
    =	the
    Exercise Price of this Warrant, as adjusted hereunder; and

 

	 	(X)
    =	the
    number of Warrant Shares that would be issuable upon exercise of this Warrant in accordance with the terms of this Warrant if such
    exercise were by means of a cash exercise rather than a cashless exercise.

 

Notwithstanding
anything herein to the contrary, but without limiting the rights of a Holder to receive Warrant Shares on a “cashless exercise”
pursuant to this Section 2(c) or to receive cash payments pursuant to Section 3(d)(i) and Section 3(d)(iv) herein, the Company shall
not be required to make any cash payments or net cash settlement to the Holder in lieu of delivery of the Warrant Shares. If Warrant
Shares are issued in such a cashless exercise, the parties acknowledge and agree that in accordance with Section 3(a)(9) of the Securities
Act, the Warrant Shares shall take on the registered characteristics of the Warrants being exercised. The Company agrees not to take
any position contrary to this Section 2(c).

 

Notwithstanding
anything herein to the contrary, on the Termination Date, this Warrant shall be automatically exercised via cashless exercise pursuant
to this Section 2(c).

 

d)
Mechanics of Exercise.

 

i.
Delivery of Warrant Shares Upon Exercise. The Company shall cause the Warrant Shares purchased hereunder to be transmitted by
the Transfer Agent to the Holder by crediting the account of the Holder’s or its designee’s balance account with The Depository
Trust Company through its Deposit and Withdrawal at Custodian system (“DWAC”) if the Company is then a participant
in such system and either (A) there is an effective registration statement permitting the issuance of the Warrant Shares to or resale
of the Warrant Shares by Holder or (B) this Warrant is being exercised via cashless exercise, and otherwise by physical delivery of a
certificate, registered in the Company’s share register in the name of the Holder or its designee, for the number of Warrant Shares
to which the Holder is entitled pursuant to such exercise to the address specified by the Holder in the Notice of Exercise by the date
that is the earliest of (i) two (2) Trading Days after the delivery to the Company of the Notice of Exercise, (ii) one (1) Trading Day
after delivery of the aggregate Exercise Price to the Company and (iii) the number of Trading Days comprising the Standard Settlement
Period after the delivery to the Company of the Notice of Exercise (such date, the “Warrant Share Delivery Date”).
Upon delivery of the Notice of Exercise, the Holder shall be deemed for all corporate purposes to have become the holder of record of
the Warrant Shares with respect to which this Warrant has been exercised, irrespective of the date of delivery of the Warrant Shares,
provided that payment of the aggregate Exercise Price (other than in the case of a cashless exercise) is received within the earlier
of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period following delivery of the Notice
of Exercise. If the Company fails for any reason to deliver to the Holder the Warrant Shares subject to a Notice of Exercise by the Warrant
Share Delivery Date, the Company shall pay to the Holder, in cash, as liquidated damages and not as a penalty, for each $1,000 of Warrant
Shares subject to such exercise (based on the VWAP of the Common Stock on the date of the applicable Notice of Exercise), $10 per Trading
Day (increasing to $20 per Trading Day on the fifth Trading Day after such liquidated damages begin to accrue) for each Trading Day after
such Warrant Share Delivery Date until such Warrant Shares are delivered or Holder rescinds such exercise. The Company agrees to maintain
a transfer agent that is a participant in the FAST program so long as this Warrant remains outstanding and exercisable. As used herein,
“Standard Settlement Period” means the standard settlement period, expressed in a number of Trading Days, on the Company’s
primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise. Notwithstanding
the foregoing, with respect to any Notice(s) of Exercise delivered on or prior to 12:00 p.m. (New York City time) on the Initial Exercise
Date, which may be delivered at any time after the time of execution of the Underwriting Agreement, the Company agrees to deliver the
Warrant Shares subject to such notice(s) by 4:00 p.m. (New York City time) on the Initial Exercise Date and the Initial Exercise Date
shall be the Warrant Share Delivery Date for purposes hereunder, provided that payment of the aggregate Exercise Price (other than in
the case of a cashless exercise) is received by such Warrant Share Delivery Date.

 

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ii.
Delivery of New Warrants Upon Exercise. If this Warrant shall have been exercised in part, the Company shall, at the request of
a Holder and upon surrender of this Warrant certificate, at the time of delivery of the Warrant Shares, deliver to the Holder a new Warrant
evidencing the rights of the Holder to purchase the unpurchased Warrant Shares called for by this Warrant, which new Warrant shall in
all other respects be identical with this Warrant.

 

iii.
Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares pursuant to Section
2(d)(i) by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.

 

iv.
Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition to any other rights available to
the Holder, if the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares in accordance with the provisions
of Section 2(d)(i) above pursuant to an exercise on or before the Warrant Share Delivery Date, and if after such date the Holder is required
by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage firm otherwise purchases, shares
of Common Stock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder anticipated receiving upon
such exercise (a “Buy-In”), then the Company shall (A) pay in cash to the Holder the amount, if any, by which (x)
the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common Stock so purchased exceeds
(y) the amount obtained by multiplying (1) the number of Warrant Shares that the Company was required to deliver to the Holder in connection
with the exercise at issue times (2) the price at which the sell order giving rise to such purchase obligation was executed, and (B)
at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares for which such exercise
was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder the number of shares of Common Stock
that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder. For example, if the
Holder purchases Warrant Shares having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted exercise of Warrant
Shares with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of the immediately preceding
sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts
payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein
shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation,
a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver Warrant Shares
upon exercise of the Warrant as required pursuant to the terms hereof.

 

v.
No Fractional Shares or Scrip. No fractional Warrant Shares or scrip representing fractional Warrant Shares shall be issued upon
the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise,
the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction
multiplied by the Exercise Price or round up to the next whole Warrant Share.

 

    	18

    	 

    

 

vi.
Charges, Taxes and Expenses. Issuance of Warrant Shares shall be made without charge to the Holder for any issue or transfer tax
or other incidental expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses shall be paid by the Company,
and such Warrant Shares shall be issued in the name of the Holder or in such name or names as may be directed by the Holder; provided,
however, that, in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered
for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder and the Company may require, as
a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all
Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another
established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.

 

vii.
Closing of Books. The Company will not close its shareholder books or records in any manner which prevents the timely exercise
of this Warrant, pursuant to the terms hereof.

 

e)
Holder’s Exercise Limitations. The Company shall not effect any exercise of this Warrant, and a Holder shall not have the
right to exercise any portion of this Warrant, pursuant to Section 2 or otherwise, to the extent that after giving effect to such issuance
after exercise as set forth on the applicable Notice of Exercise, the Holder (together with the Holder’s Affiliates, and any other
Persons acting as a group together with the Holder or any of the Holder’s Affiliates (such Persons, “Attribution Parties”)),
would beneficially own in excess of the Beneficial Ownership Limitation (as defined below). For purposes of the foregoing sentence, the
number of shares of Common Stock beneficially owned by the Holder and its Affiliates and Attribution Parties shall include the number
of Warrant Shares issuable upon exercise of this Warrant with respect to which such determination is being made, but shall exclude the
number of Warrant Shares which would be issuable upon (i) exercise of the remaining, nonexercised portion of this Warrant beneficially
owned by the Holder or any of its Affiliates or Attribution Parties and (ii) exercise or conversion of the unexercised or nonconverted
portion of any other securities of the Company (including, without limitation, any other Common Stock Equivalents) subject to a limitation
on conversion or exercise analogous to the limitation contained herein beneficially owned by the Holder or any of its Affiliates or Attribution
Parties. Except as set forth in the preceding sentence, for purposes of this Section 2(e), beneficial ownership shall be calculated in
accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder, it being acknowledged by the
Holder that the Company is not representing to the Holder that such calculation is in compliance with Section 13(d) of the Exchange Act
and the Holder is solely responsible for any schedules required to be filed in accordance therewith. To the extent that the limitation
contained in this Section 2(e) applies, the determination of whether this Warrant is exercisable (in relation to other securities owned
by the Holder together with any Affiliates and Attribution Parties) and of which portion of this Warrant is exercisable shall be in the
sole discretion of the Holder, and the submission of a Notice of Exercise shall be deemed to be the Holder’s determination of whether
this Warrant is exercisable (in relation to other securities owned by the Holder together with any Affiliates and Attribution Parties)
and of which portion of this Warrant is exercisable, in each case subject to the Beneficial Ownership Limitation, and the Company shall
have no obligation to verify or confirm the accuracy of such determination. In addition, a determination as to any group status as contemplated
above shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder.
For purposes of this Section 2(e), in determining the number of outstanding shares of Common Stock, a Holder may rely on the number of
outstanding shares of Common Stock as reflected in (A) the Company’s most recent periodic or annual report filed with the Commission,
as the case may be, (B) a more recent public announcement by the Company or (C) a more recent written notice by the Company or the Transfer
Agent setting forth the number of shares of Common Stock outstanding. Upon the written or oral request of a Holder, the Company shall
within one Trading Day confirm orally and in writing to the Holder the number of shares of Common Stock then outstanding. In any case,
the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of securities
of the Company, including this Warrant, by the Holder or its Affiliates or Attribution Parties since the date as of which such number
of outstanding shares of Common Stock was reported. The “Beneficial Ownership Limitation” shall be 4.99% (or, upon election
by a Holder prior to the issuance of any Warrants, 9.99%) of the number of shares of Common Stock outstanding immediately after giving
effect to the issuance of Warrant Shares issuable upon exercise of this Warrant. The Holder, upon notice to the Company, may increase
or decrease the Beneficial Ownership Limitation provisions of this Section 2(e), provided that the Beneficial Ownership Limitation in
no event exceeds 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of Warrant
Shares upon exercise of this Warrant held by the Holder and the provisions of this Section 2(e) shall continue to apply. Any increase
in the Beneficial Ownership Limitation will not be effective until the 61st day after such notice is delivered to the Company. The provisions
of this paragraph shall be construed and implemented in a manner otherwise than in strict conformity with the terms of this Section 2(e)
to correct this paragraph (or any portion hereof) which may be defective or inconsistent with the intended Beneficial Ownership Limitation
herein contained or to make changes or supplements necessary or desirable to properly give effect to such limitation. The limitations
contained in this paragraph shall apply to a successor holder of this Warrant.

 

    	19

    	 

    

 

Section
3. Certain Adjustments.

 

a)
Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i) pays a stock dividend or otherwise
makes a distribution or distributions on Common Stock or any other equity or equity equivalent securities payable in shares of Common
Stock (which, for avoidance of doubt, shall not include any Warrant Shares issued by the Company upon exercise of this Warrant), (ii)
subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of reverse stock split)
outstanding shares of Common Stock into a smaller number of shares, or (iv) issues by reclassification of Common Stock any shares of
capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be
the number of shares of Common Stock and such other capital stock of the Company (excluding treasury shares, if any) outstanding immediately
before such event and of which the denominator shall be the number of shares of Common Stock and such other capital stock of the Company
(excluding treasury shares, if any) outstanding immediately after such event, and the number of shares issuable upon exercise of this
Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment
made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of shareholders entitled
to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision,
combination or re-classification.

 

b)
Subsequent Equity Sales. If the Company or any Subsidiary thereof, as applicable, at any time while this Warrant is outstanding,
shall sell, enter into an agreement to sell, or grant any option to purchase, or sell, enter into an agreement to sell, or grant any
right to reprice, or otherwise dispose of or issue (or announce any offer, sale, grant or any option to purchase or other disposition)
any Common Stock or Common Stock Equivalents, at an effective price per share less than the Exercise Price then in effect (such lower
price, the “Base Share Price” and such issuances collectively, a “Dilutive Issuance”) (it being understood
and agreed that if the holder of the Common Stock or Common Stock Equivalents so issued shall at any time, whether by operation of purchase
price adjustments, reset provisions, floating conversion, exercise or exchange prices or otherwise, or due to warrants, options or rights
per share which are issued in connection with such issuance, be entitled to receive shares of Common Stock at an effective price per
share that is less than the Exercise Price, such issuance shall be deemed to have occurred for less than the Exercise Price on such date
of the Dilutive Issuance at such effective price), then simultaneously with the consummation (or, if earlier, the announcement) of each
Dilutive Issuance the Exercise Price shall be reduced and only reduced to equal the Base Share Price provided that the Base Share Price
shall not be less than $___ (subject to adjustment for reverse and forward stock splits, recapitalizations and similar transactions following
the Initial Issuance Date). Notwithstanding the foregoing, no adjustments shall be made, paid or issued under this Section 3(b) in respect
of an Exempt Issuance. The Company shall notify the Holder, in writing, no later than the Trading Day following the issuance or deemed
issuance of any shares of Common Stock or Common Stock Equivalents subject to this Section 3(b), indicating therein the applicable issuance
price, or applicable reset price, exchange price, conversion price and other pricing terms (such notice, the “Dilutive Issuance
Notice”). For purposes of clarification, whether or not the Company provides a Dilutive Issuance Notice pursuant to this Section
3(b), upon the occurrence of any Dilutive Issuance, the Holder is entitled to receive a number of Warrant Shares based upon the Base
Share Price regardless of whether the Holder accurately refers to the Base Share Price in the Notice of Exercise. If the Company enters
into a Variable Rate Transaction, the Company shall be deemed to have issued shares of Common Stock or Common Stock Equivalents at the
lowest possible price, conversion price or exercise price at which such securities may be issued, converted or exercised.

 

    	20

    	 

    

 

c)
Subsequent Rights Offerings. In addition to any adjustments pursuant to Section 3(a) above, if at any time the Company grants,
issues or sells any Common Stock Equivalents or rights to purchase stock, warrants, securities or other property pro rata to the record
holders of any class of Common Stock (the “Purchase Rights”), then the Holder will be entitled to acquire, upon the
terms applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder could have acquired if the Holder had held the
number of shares of Common Stock acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise hereof,
including without limitation, the Beneficial Ownership Limitation) immediately before the date on which a record is taken for the grant,
issuance or sale of such Purchase Rights, or, if no such record is taken, the date as of which the record holders of Common Stock are
to be determined for the grant, issue or sale of such Purchase Rights (provided, however, that, to the extent that the Holder’s
right to participate in any such Purchase Right would result in the Holder exceeding the Beneficial Ownership Limitation, then the Holder
shall not be entitled to participate in such Purchase Right to such extent (or beneficial ownership of such shares of Common Stock as
a result of such Purchase Right to such extent) and such Purchase Right to such extent shall be held in abeyance for the Holder until
such time, if ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation).

 

d)
Pro Rata Distributions. During such time as this Warrant is outstanding, if the Company shall declare or make any dividend or
other distribution of its assets (or rights to acquire its assets) to holders of Common Stock, by way of return of capital or otherwise
(including, without limitation, any distribution of cash, stock or other securities, property or options by way of a dividend, spin off,
reclassification, corporate rearrangement, scheme of arrangement or other similar transaction) (a “Distribution”),
at any time after the issuance of this Warrant, then, in each such case, the Holder shall be entitled to participate in such Distribution
to the same extent that the Holder would have participated therein if the Holder had held the number of Warrant Shares acquirable upon
complete exercise of this Warrant (without regard to any limitations on exercise hereof, including without limitation, the Beneficial
Ownership Limitation) immediately before the date of which a record is taken for such Distribution, or, if no such record is taken, the
date as of which the record holders of Common Stock are to be determined for the participation in such Distribution (provided, however,
that, to the extent that the Holder’s right to participate in any such Distribution would result in the Holder exceeding the Beneficial
Ownership Limitation, then the Holder shall not be entitled to participate in such Distribution to such extent (or in the beneficial
ownership of any shares of Common Stock as a result of such Distribution to such extent) and the portion of such Distribution shall be
held in abeyance for the benefit of the Holder until such time, if ever, as its right thereto would not result in the Holder exceeding
the Beneficial Ownership Limitation). To the extent that this Warrant has not been partially or completely exercised at the time of such
Distribution, such portion of the Distribution shall be held in abeyance for the benefit of the Holder until the Holder has exercised
this Warrant.

 

    	21

    	 

    

 

e)
Fundamental Transaction. If, at any time while this Warrant is outstanding, (i) the Company, directly or indirectly, in one or
more related transactions effects any merger or consolidation of the Company with or into another Person, (ii) the Company, directly
or indirectly, effects any sale, lease, license, assignment, transfer, conveyance or other disposition of all or substantially all of
its assets in one or a series of related transactions, (iii) any, direct or indirect, purchase offer, tender offer or exchange offer
(whether by the Company or another Person) is completed pursuant to which holders of Common Stock are permitted to sell, tender or exchange
their shares for other securities, cash or property and has been accepted by the holders of 50% or more of the outstanding shares of
Common Stock, (iv) the Company, directly or indirectly, in one or more related transactions effects any reclassification, reorganization
or recapitalization of the Common Stock or any compulsory share exchange pursuant to which the Common Stock is effectively converted
into or exchanged for other securities, cash or property, or (v) the Company, directly or indirectly, in one or more related transactions
consummates a stock or share purchase agreement or other business combination (including, without limitation, a reorganization, recapitalization,
spin-off, merger or scheme of arrangement) with another Person or group of Persons whereby such other Person or group acquires more than
50% of the outstanding shares of Common Stock (not including any shares of Common Stock held by the other Person or other Persons making
or party to, or associated or affiliated with the other Persons making or party to, such stock or share purchase agreement or other business
combination) (each a “Fundamental Transaction”), then, upon any subsequent exercise of this Warrant, the Holder shall
have the right to receive, for each Warrant Share that would have been issuable upon such exercise immediately prior to the occurrence
of such Fundamental Transaction, at the option of the Holder (without regard to any limitation in Section 2(e) on the exercise of this
Warrant), the number of shares of capital stock of the successor or acquiring corporation or of the Company, if it is the surviving corporation,
and any additional consideration (the “Alternate Consideration”) receivable as a result of such Fundamental Transaction
by a holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to such Fundamental Transaction
(without regard to any limitation in Section 2(e) on the exercise of this Warrant). For purposes of any such exercise, the determination
of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration
issuable in respect of one Warrant Share in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the
Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.
If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then
the Holder shall be given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such
Fundamental Transaction. Notwithstanding anything to the contrary, in the event of a Fundamental Transaction, the Company or any Successor
Entity (as defined below) shall, at the Holder’s option, exercisable at any time concurrently with, or within 30 days after, the
consummation of the Fundamental Transaction (or, if later, the date of the public announcement of the applicable Fundamental Transaction),
purchase this Warrant from the Holder by paying to the Holder an amount of cash equal to the Black Scholes Value (as defined below) of
the remaining unexercised portion of this Warrant on the date of the consummation of such Fundamental Transaction; provided, however,
that, if the Fundamental Transaction is not within the Company’s control, including not approved by the Company’s Board of
Directors, Holder shall only be entitled to receive from the Company or any Successor Entity the same type or form of consideration (and
in the same proportion), at the Black Scholes Value of the unexercised portion of this Warrant, that is being offered and paid to the
holders of Common Stock of the Company in connection with the Fundamental Transaction, whether that consideration be in the form of cash,
stock or any combination thereof, or whether the holders of Common Stock are given the choice to receive from among alternative forms
of consideration in connection with the Fundamental Transaction; provided, further, that if holders of Common Stock of the Company are
not offered or paid any consideration in such Fundamental Transaction, such holders of Common Stock will be deemed to have received Common
Stock of the Successor Entity (which Entity may be the Company following such Fundamental Transaction) in such Fundamental Transaction.
“Black Scholes Value” means the value of this Warrant based on the Black-Scholes Option Pricing Model obtained from the “OV”
function on Bloomberg determined as of the day of consummation of the applicable Fundamental Transaction for pricing purposes and reflecting
(A) a risk-free interest rate corresponding to the U.S. Treasury rate for a period equal to the time between the date of the public announcement
of the applicable Fundamental Transaction and the Termination Date, (B) an expected volatility equal to the greater of 100% and the 100
day volatility obtained from the HVT function on Bloomberg (determined utilizing a 365 day annualization factor) as of the Trading Day
immediately following the public announcement of the applicable Fundamental Transaction, (C) the underlying price per share used in such
calculation shall be the greater of (i) the sum of the price per share being offered in cash, if any, plus the value of any non-cash
consideration, if any, being offered in such Fundamental Transaction and (ii) the highest VWAP during the period beginning on the Trading
Day immediately preceding the announcement of the applicable Fundamental Transaction (or the consummation of the applicable Fundamental
Transaction, if earlier) and ending on the Trading Day of the Holder’s request pursuant to this Section 3(e) and (D) a remaining
option time equal to the time between the date of the public announcement of the applicable Fundamental Transaction and the Termination
Date and (E) a zero cost of borrow. The payment of the Black Scholes Value will be made by wire transfer of immediately available funds
(or such other consideration) within the later of (i) five (5) Business Days of the Holder’s election and (ii) the date of consummation
of the Fundamental Transaction. The Company shall cause any successor entity in a Fundamental Transaction in which the Company is not
the survivor (the “Successor Entity”) to assume in writing all of the obligations of the Company under this Warrant
in accordance with the provisions of this Section 3(e) pursuant to written agreements in form and substance reasonably satisfactory to
the Holder and approved by the Holder (without unreasonable delay) prior to such Fundamental Transaction and shall, at the option of
the Holder, deliver to the Holder in exchange for this Warrant a security of the Successor Entity evidenced by a written instrument substantially
similar in form and substance to this Warrant which is exercisable for a corresponding number of shares of capital stock of such Successor
Entity (or its parent entity) equivalent to the Warrant Shares acquirable and receivable upon exercise of this Warrant (without regard
to any limitations on the exercise of this Warrant) prior to such Fundamental Transaction, and with an exercise price which applies the
exercise price hereunder to such shares of capital stock (but taking into account the relative value of the Warrant Shares pursuant to
such Fundamental Transaction and the value of such shares of capital stock, such number of shares of capital stock and such exercise
price being for the purpose of protecting the economic value of this Warrant immediately prior to the consummation of such Fundamental
Transaction), and which is reasonably satisfactory in form and substance to the Holder. Upon the occurrence of any such Fundamental Transaction,
the Successor Entity shall succeed to, and be substituted for (so that from and after the date of such Fundamental Transaction, the provisions
of this Warrant referring to the “Company” shall refer instead to the Successor Entity), and may exercise every right
and power of the Company and shall assume all of the obligations of the Company under this Warrant with the same effect as if such Successor
Entity had been named as the Company herein.

 

    	22

    	 

    

 

f)
Calculations. All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of a share, as the
case may be. For purposes of this Section 3, the number of shares of Common Stock deemed to be issued and outstanding as of a given date
shall be the sum of the number shares of Common Stock (excluding treasury shares, if any) issued and outstanding.

 

g)
Notice to Holder.

 

i.
Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 3, the Company
shall promptly deliver to the Holder by facsimile or email a notice setting forth the Exercise Price after such adjustment and any resulting
adjustment to the number of Warrant Shares and setting forth a brief statement of the facts requiring such adjustment.

 

ii.
Notice to Allow Exercise by Holder. If (A) the Company shall declare a dividend (or any other distribution in whatever form) on
the Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C) the
Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase any shares of
capital stock of any class or of any rights, (D) the approval of any shareholders of the Company shall be required in connection with
any reclassification of the Common Stock, any consolidation or merger to which the Company (or any of its Subsidiaries) is a party, any
sale or transfer of all or substantially all of the assets of the Company, or any compulsory share exchange whereby the Common Stock
are converted into other securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation
or winding up of the affairs of the Company, then, in each case, the Company shall cause to be delivered by facsimile or email to the
Holder at its last facsimile number or email address as it shall appear upon the Warrant Register of the Company, at least 20 calendar
days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be
taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as
of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are
to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected
to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to
exchange their shares of Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger,
sale, transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall
not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided in this
Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company shall
simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall remain entitled to exercise
this Warrant during the period commencing on the date of such notice to the effective date of the event triggering such notice except
as may otherwise be expressly set forth herein.

 

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h)
Voluntary Adjustment by Company. Subject to the rules and regulations of the Trading Market, the Company may at any time during
the term of this Warrant, subject to the prior written consent of the Holder, reduce the then current Exercise Price to any amount and
for any period of time deemed appropriate by the board of directors of the Company.

 

Section
4. Transfer of Warrant.

 

a)
Transferability. This Warrant and all rights hereunder (including, without limitation, any registration rights) are transferable,
in whole or in part, upon surrender of this Warrant at the principal office of the Company or its designated agent, together with a written
assignment of this Warrant substantially in the form attached hereto duly executed by the Holder or its agent or attorney and funds sufficient
to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall
execute and deliver a new Warrant or Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations
specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not
so assigned, and this Warrant shall promptly be cancelled. Notwithstanding anything herein to the contrary, the Holder shall not be required
to physically surrender this Warrant to the Company unless the Holder has assigned this Warrant in full, in which case, the Holder shall
surrender this Warrant to the Company within three (3) Trading Days of the date on which the Holder delivers an assignment form to the
Company assigning this Warrant in full. The Warrant, if properly assigned in accordance herewith, may be exercised by a new holder for
the purchase of Warrant Shares without having a new Warrant issued.

 

b)
New Warrants. If this Warrant is not held in global form through DTC (or any successor depositary), this Warrant may be divided
or combined with other Warrants upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying
the names and denominations in which new Warrants are to be issued, signed by the Holder or its agent or attorney. Subject to compliance
with Section 4(a), as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a
new Warrant or Warrants in exchange for the Warrant or Warrants to be divided or combined in accordance with such notice. All Warrants
issued on transfers or exchanges shall be dated the Initial Issuance Date of this Warrant and shall be identical with this Warrant except
as to the number of Warrant Shares issuable pursuant thereto.

 

c)
Warrant Register. The Warrant Agent and/or the Company (with regard to any portion of the Warrant in certificated form issued
pursuant to the terms of the Warrant Agency Agreement) shall register this Warrant, upon records to be maintained by the Warrant Agent
and/or the Company for that purpose (the “Warrant Register”), in the name of the record Holder hereof from time to
time. The Company and the Warrant Agent may deem and treat the registered Holder of this Warrant as the absolute owner hereof for the
purpose of any exercise hereof or any distribution to the Holder, and for all other purposes, absent actual notice to the contrary.

 

Section
5. Miscellaneous.

 

a)
No Rights as Shareholder Until Exercise; No Settlement in Cash. This Warrant does not entitle the Holder to any voting rights,
dividends or other rights as a shareholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i), except as expressly
set forth in Section 3. Without limiting any rights of a Holder to receive Warrant Shares on a “cashless exercise” pursuant
to Section 2(c) or to receive cash payments pursuant to Section 2(d)(i) and Section 2(d)(iv) herein, in no event shall the Company be
required to net cash settle an exercise of this Warrant.

 

    	24

    	 

    

 

b)
Loss, Theft, Destruction or Mutilation of Warrant. The Company covenants that upon receipt by the Company of evidence reasonably
satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant Shares,
and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant,
shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the
Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant
or stock certificate.

 

c)
Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking of any action or the expiration of any right required
or granted herein shall not be a Business Day, then such action may be taken or such right may be exercised on the next succeeding Business
Day.

 

d)
Authorized Shares.

 

The
Company covenants that, during the period the Warrant is outstanding, it will reserve from its authorized and unissued shares of Common
Stock a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under
this Warrant. The Company further covenants that its issuance of this Warrant shall constitute full authority to its officers who are
charged with the duty of issuing the necessary Warrant Shares upon the exercise of the purchase rights under this Warrant. The Company
will take all such reasonable action as may be necessary to assure that such Warrant Shares may be issued as provided herein without
violation of any applicable law or regulation, or of any requirements of the Trading Market upon which the Common Stock may be listed.
The Company covenants that all Warrant Shares which may be issued upon the exercise of the purchase rights represented by this Warrant
will, upon exercise of the purchase rights represented by this Warrant and payment for such Warrant Shares in accordance herewith, be
duly authorized, validly issued, fully paid and nonassessable and free from all taxes, liens and charges created by the Company in respect
of the issue thereof (other than taxes in respect of any transfer occurring contemporaneously with such issue).

 

Except
and to the extent as waived or consented to by the Holder, the Company shall not by any action, including, without limitation, amending
its articles of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of
securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but
will at all times in good faith assist in the carrying out of all such terms and in the taking of all such actions as may be necessary
or appropriate to protect the rights of the Holder as set forth in this Warrant against impairment. Without limiting the generality of
the foregoing, the Company will (i) not increase the par value of any Warrant Shares above the amount payable therefor upon such exercise
immediately prior to such increase in par value, (ii) take all such action as may be necessary or appropriate in order that the Company
may validly and legally issue fully paid and nonassessable Warrant Shares upon the exercise of this Warrant and (iii) use commercially
reasonable efforts to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof,
as may be necessary to enable the Company to perform its obligations under this Warrant.

 

Before
taking any action which would result in an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the
Exercise Price, the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from
any public regulatory body or bodies having jurisdiction thereof.

 

    	25

    	 

    

 

e)
Governing Law.

 

All
questions concerning the construction, validity, enforcement and interpretation of this Warrant shall be governed by and construed and
enforced in accordance with the internal laws of the State of New York, without regard to the principles of conflicts of law thereof.
Each party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the transactions contemplated
by this Warrant (whether brought against a party hereto or their respective affiliates, directors, officers, shareholders, partners,
members, employees or agents) shall be commenced exclusively in the state and federal courts sitting in the City of New York. Each party
hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in the City of New York, Borough of
Manhattan for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby or discussed
herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally
subject to the jurisdiction of any such court, that such suit, action or proceeding is improper or is an inconvenient venue for such
proceeding. Each party hereby irrevocably waives personal service of process and consents to process being served in any such suit, action
or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party
at the address in effect for notices to it under this Warrant and agrees that such service shall constitute good and sufficient service
of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner
permitted by law. If either party shall commence an action, suit or proceeding to enforce any provisions of this Warrant, the prevailing
party in such action, suit or proceeding shall be reimbursed by the other party for their reasonable attorneys’ fees and other
costs and expenses incurred with the investigation, preparation and prosecution of such action or proceeding.

 

f)
Restrictions. The Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant, if not registered, and
the Holder does not utilize cashless exercise, will have restrictions upon resale imposed by state and federal securities laws.

 

g)
Nonwaiver and Expenses. No course of dealing or any delay or failure to exercise any right hereunder on the part of Holder shall
operate as a waiver of such right or otherwise prejudice the Holder’s rights, powers or remedies. Without limiting any other provision
of this Warrant, if the Company willfully and knowingly fails to comply with any provision of this Warrant, which results in any material
damages to the Holder, the Company shall pay to the Holder such amounts as shall be sufficient to cover any costs and expenses including,
but not limited to, reasonable attorneys’ fees, including those of appellate proceedings, incurred by the Holder in collecting
any amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.

 

h)
Notices.

 

Any
and all notices or other communications or deliveries to be provided by the Holders hereunder including, without limitation, any Notice
of Exercise, shall be in writing and delivered personally, by facsimile or e-mail, or sent by a nationally recognized overnight courier
service, addressed to the Company, at ___________, Attention: ___________, facsimile number: _________, email address: ___________, or
such other facsimile number, email address or address as the Company may specify for such purposes by notice to the Holders. Any and
all notices or other communications or deliveries to be provided by the Company hereunder shall be in writing and delivered personally,
by facsimile or e-mail, or sent by a nationally recognized overnight courier service addressed to each Holder at the facsimile number,
e-mail address or address of such Holder appearing on the books of the Company. Any notice or other communication or deliveries hereunder
shall be deemed given and effective on the earliest of (i) the time of transmission, if such notice or communication is delivered via
facsimile at the facsimile number or via e-mail at the e-mail address set forth in this Section prior to 5:30 p.m. (New York City time)
on any date, (ii) the next Trading Day after the time of transmission, if such notice or communication is delivered via facsimile at
the facsimile number or via e-mail at the e-mail address set forth in this Section on a day that is not a Trading Day or later than 5:30
p.m. (New York City time) on any Trading Day, (iii) the second Trading Day following the date of mailing, if sent by U.S. nationally
recognized overnight courier service, or (iv) upon actual receipt by the party to whom such notice is required to be given. To the extent
that any notice provided hereunder constitutes, or contains, material, non-public information regarding the Company or any Subsidiaries,
the Company shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K.

 

i)
Limitation of Liability. No provision hereof, in the absence of any affirmative action by the Holder to exercise this Warrant
to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall give rise to any liability of
the Holder for the purchase price of any Warrant Shares or as a shareholder of the Company, whether such liability is asserted by the
Company or by creditors of the Company.

 

    	26

    	 

    

 

j)
Remedies. The Holder, in addition to being entitled to exercise all rights granted by law, including recovery of damages, will
be entitled to specific performance of its rights under this Warrant. The Company agrees that monetary damages would not be adequate
compensation for any loss incurred by reason of a breach by it of the provisions of this Warrant and hereby agrees to waive and not to
assert the defense in any action for specific performance that a remedy at law would be adequate.

 

k)
Successors and Assigns. Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall
inure to the benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns
of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and shall
be enforceable by the Holder or holder of Warrant Shares.

 

l)
Amendment. This Warrant may be modified or amended or the provisions hereof waived with the written consent of the Company, on
the one hand, and the Holder or the beneficial owner of this Warrant, on the other hand.

 

m)
Severability. Wherever possible, each provision of this Warrant shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Warrant shall be prohibited by or invalid under applicable law, such provision shall
be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining
provisions of this Warrant.

 

n)
Headings. The headings used in this Warrant are for the convenience of reference only and shall not, for any purpose, be deemed
a part of this Warrant.

 

o)
Warrant Agency Agreement. If this Warrant is held in global form through DTC (or any successor depositary), this Warrant is issued
subject to the Warrant Agency Agreement. To the extent any provision of this Warrant conflicts with the express provisions of the Warrant
Agency Agreement, the provisions of this Warrant shall govern and be controlling.

 

********************

 

(Signature
Page Follows)

 

    	27

    	 

    

 

IN
WITNESS WHEREOF, the Company has caused this Warrant to be executed by its officer thereunto duly authorized as of the date first above
indicated.

 

	Opti-Harvest,
    Inc.	 
	 	 	 
	By:	 	 
	Name:
    	 	 
	Title:	 	 

 

    	28

    	 

    

 

EXHIBIT
A

 

NOTICE
OF EXERCISE

 

TO:
OPTI-HARVEST, INC.

 

(1)
The undersigned hereby elects to purchase ________ Warrant Shares of the Company pursuant to the terms of the attached Warrant (only
if exercised in full), and tenders herewith payment of the exercise price in full, together with all applicable transfer taxes, if any.

 

(2)
Payment shall take the form of (check applicable box):

 

☐
in lawful money of the United States; or

 

☐
if permitted the cancellation of such number of Warrant Shares as is necessary, in accordance with the formula set forth in subsection
2(c), to exercise this Warrant with respect to the maximum number of Warrant Shares purchasable pursuant to the cashless exercise procedure
set forth in subsection 2(c).

 

(3)
Please issue said Warrant Shares in the name of the undersigned or in such other name as is specified below:

 

 

 

The
Warrant Shares shall be delivered to the following DWAC Account Number:

 

	 		 
	 		 
	 		 

 

[SIGNATURE
OF HOLDER]

 

	Name
    of Investing Entity:	 

 

	Signature
    of Authorized Signatory of Investing Entity:	 

 

	Name
    of Authorized Signatory:	 

 

	Title
    of Authorized Signatory:	 

 

	Date:	 

 

    	29

    	 

    

 

EXHIBIT
B

 

ASSIGNMENT
FORM

 

(To
assign the foregoing Warrant, execute this form and supply required information. Do not use this form to purchase shares.)

 

FOR
VALUE RECEIVED, the foregoing Warrant and all rights evidenced thereby are hereby assigned to

 

	Name:	 	 
	 	 	(Please
    Print)
	Address:	 	 
	 	 	(Please
    Print)
	 	 	 
	Phone
    Number	 	
	Email
    Address	 	
	 	 	
	Dated:
    ______________ ___, _______	 	 
	Holder’s
    Signature:	 	 
	Holder’s
    Address:	 	 

 

    	30

    	 

    

 

EXHIBIT
2

 

Form
of Warrant Certificate Request Notice

 

WARRANT
CERTIFICATE REQUEST NOTICE

 

To:
Colonial Stock Transfer Company, Inc., as Warrant Agent for Opti-Harvest, Inc. (the “Company”)

 

The
undersigned Holder of Common Stock Purchase Warrants (“Warrants”) in the form of Global Warrants issued by the Company
hereby elects to receive a Warrant Certificate evidencing the Warrants held by the Holder as specified below:

 

 

	1.	Name
    of Holder of Warrants in form of Global Warrants:	
	 	 	 
	2.	Name
    of Holder in Warrant Certificate (if different from name of Holder of Warrants in form of Global Warrants):	
	 	 	 
	3.	Number
    of Warrants in name of Holder in form of Global Warrants:	
	 	 	 
	4.	Number
    of Warrants for which Warrant Certificate shall be issued:	
	 	 	 
	5.	Number
    of Warrants in name of Holder in form of Global Warrants after issuance of Warrant Certificate, if any:	

 

	6.	Warrant
    Certificate shall be delivered to the following address:	 

 

 

 

 

 

 

 

 

 

The
undersigned hereby acknowledges and agrees that, in connection with this Warrant Exchange and the issuance of the Warrant Certificate,
the Holder is deemed to have surrendered the number of Warrants in form of Global Warrants in the name of the Holder equal to the number
of Warrants evidenced by the Warrant Certificate.

 

[SIGNATURE
OF HOLDER]

 

	Name
    of Investing Entity:	

 

	Signature
    of Authorized Signatory of Investing Entity:	

 

	Name
    of Authorized Signatory:	

 

	Title
    of Authorized Signatory:	

 

	Date:	

 

    	31

    	 

    

 

EXHIBIT
3

 

Form
of Global Warrants Request Notice

 

GLOBAL
WARRANTS REQUEST NOTICE

 

To:
Colonial Stock Transfer Company, Inc., as Warrant Agent for Opti-Harvest, Inc. (the “Company”)

 

The
undersigned Holder of Common Stock Purchase Warrants (“Warrants”) in the form of Warrants Certificates issued by the
Company hereby elects to receive a Global Warrant evidencing the Warrants held by the Holder as specified below:

 

 

	1.	Name
    of Holder of Warrants in form of Warrant Certificates:	
	 	 	 
	2.	Name
    of Holder in Global Warrant (if different from name of Holder of Warrants in form of Warrant Certificates):	
	 	 	 
	3.	Number
    of Warrants in name of Holder in form of Warrant Certificates:	
	 	 	 
	4.	Number
    of Warrants for which Global Warrant shall be issued:	
	 	 	 
	5.	Number
    of Warrants in name of Holder in form of Warrant Certificates after issuance of Global Warrant, if any:	
	 	 	 
	6.	Global
    Warrant shall be delivered to the following address:	 

 

 

 

 

 

The
undersigned hereby acknowledges and agrees that, in connection with this Global Warrant Exchange and the issuance of the Global Warrant,
the Holder is deemed to have surrendered the number of Warrants in form of Warrant Certificates in the name of the Holder equal to the
number of Warrants evidenced by the Global Warrant.

 

[SIGNATURE
OF HOLDER]

 

	Name
    of Investing Entity:	

 

	Signature
    of Authorized Signatory of Investing Entity:	

 

	Name
    of Authorized Signatory:	

 

	Title
    of Authorized Signatory:	

 

	Date:	

 

    	32Exhibit 10.1

 

EXECUTION VERSION

 

REPRICING AMENDMENT

 

This REPRICING AMENDMENT is
dated as of January 21, 2022 (this “Amendment”) and is entered into by and among Atkins Intermediate Holdings,
LLC, a Delaware limited liability company (“Holdings”), Conyers Park Acquisition Corp., a Delaware corporation (“Parent”),
Simply Good Foods USA, Inc. (f/k/a Atkins Nutritionals, Inc.), a New York corporation (“SGF” or the “Administrative
Borrower”), Atkins Nutritionals Holdings, Inc., a Delaware corporation (“ANH”), Atkins Nutritionals
Holdings II, Inc., a Delaware corporation (“ANH II”), NCP-ATK Holdings, Inc., a Delaware corporation (“NCP”
and, together with ANH, ANHII and SGF, the “Borrowers” and, the Borrowers together with Holdings and Parent, the “Loan
Parties”), Barclays Bank PLC, as administrative agent (in such capacity, the “Administrative Agent”), the
Consenting Lenders and the Replacement Lender.

 

RECITALS:

 

WHEREAS, reference
is hereby made to the Credit Agreement, dated as of July 7, 2017, among the Borrowers, Holdings, Parent, the lenders party thereto
from time to time (the “Lenders”), the Administrative Agent and the other parties thereto (as amended, restated, amended
and restated, supplemented or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”,
capitalized terms used (including in the preamble and recitals hereto) but not defined herein shall have the meanings assigned to such
terms in the Credit Agreement);

 

WHEREAS, pursuant to
Section 9.02(b) of the Credit Agreement, the Borrowers, Holdings, the Lenders party hereto constituting no less than all of
the Lenders directly and adversely affected by the terms of this Amendment and the transactions contemplated hereby (including, for the
avoidance of doubt, each Revolving Lender), and the Administrative Agent (solely to acknowledge this Amendment) agree to a decrease of
the interest rate margins applicable to the Initial Term Loans under the Credit Agreement and certain other amendments as set forth herein,
in each case subject to the terms and conditions hereof;

 

WHEREAS, each Revolving
Lender under the Credit Agreement immediately prior to the Amendment No. 4 Effective Date (as defined below) (collectively, the “Existing
Revolving Lenders”) that executes and delivers an executed signature page to this Amendment (the “Consenting Revolving
Lenders”) thereby agrees to the terms and conditions of this Amendment (including in its capacity as an Issuing Bank);

 

WHEREAS, each Term
Lender under the Credit Agreement immediately prior to the Amendment No. 4 Effective Date (as defined below) (collectively, the “Existing
Term Lenders”) that executes and delivers a consent to this Amendment in the form of the “Term Lender Consent” attached
to that certain Memorandum posted to the Lenders on Syndtrak on January 10, 2022 (a “Term Lender Consent”) and
selects Option A thereunder (the “Continuing Term Lenders”) either through (i) the cashless settlement option
(lenders choosing this option, the “Converting Term Lenders”) or (ii) the post-closing settlement option (lenders
choosing this option, the “Non-Converting Term Lenders”) thereby agrees to the terms and conditions of this Amendment
and after the Amendment No. 4 Effective Date will exchange the Initial Term Loans held by it immediately prior to the Amendment No. 4
Effective Date for new term loans governed by the terms of the Credit Agreement as amended hereby (the “Replacement Term Loans”,
which, notwithstanding anything to the contrary herein, shall continue to constitute Initial Term Loans for all purposes of the Credit
Agreement as amended hereby and the other Loan Documents);

 

WHEREAS, each Existing
Term Lender that executes and delivers a Term Lender Consent and selects Option B thereunder (the “Non-Continuing Term Lenders”
and, together with the Continuing Term Lenders, the “Consenting Term Lenders” and the Consenting Term Lenders together
with the Consenting Revolving Lenders, the “Consenting Lenders”) thereby agrees to the terms and conditions of this
Amendment and agrees that it shall execute a counterpart of the Master Assignment and Assumption Agreement substantially in the form
attached hereto as Annex A (a “Master

 

     

    

    

 

Assignment”) and shall in accordance therewith sell all
of its Initial Term Loans as specified in the applicable Master Assignment, as further set forth in this Amendment;

 

WHEREAS, each Existing
Term Lender that fails to execute and return a Term Lender Consent by 5:00 p.m. (New York City time), on January 13, 2022 (or
such later time and date as the Administrative Agent may agree in its sole discretion) (the “Consent Deadline”) (each,
a “Non-Consenting Term Lender”) shall, in accordance with Section 9.02(c) of the Credit Agreement, assign
and delegate, without recourse, all of its interests, rights and obligations under the Credit Agreement in respect of its Initial Term
Loans to the Replacement Lender (as defined below), which Replacement Lender shall assume such obligations as specified in the Master
Assignment, as further set forth in this Amendment;

 

WHEREAS, Barclays Bank
PLC, agrees to act as fronting bank for the syndication of the Replacement Term Loans (in such capacity, the “Replacement Lender”),
and the Replacement Lender will purchase, and the Existing Term Lenders will sell to the Replacement Lender, immediately prior to effectiveness
of this Amendment, (i) Initial Term Loans of the Non-Converting Term Lenders, (ii) Initial Term Loans of the Non-Continuing
Term Lenders and (iii) Initial Term Loans of the Non-Consenting Term Lenders; and

 

WHEREAS, Barclays Bank
PLC, BMO Capital Markets Corp., Deutsche Bank Securities Inc. and Goldman Sachs Bank USA (each, an “Arranger” and,
collectively, the “Arrangers”) are acting as joint lead arrangers and joint bookrunning managers for this Amendment;

 

NOW, THEREFORE, in
consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows:

 

A.          Amendments
to Credit Agreement. On the Amendment No. 4 Effective Date, the Credit Agreement is hereby amended to delete the stricken
text (indicated textually in the same manner as the following example: stricken text)
and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined
text) as set forth in the conformed copy of the Credit Agreement attached as Exhibit A hereto.

 

B.          Conditions
Precedent. This Amendment shall become effective as of the first date (the “Amendment No. 4 Effective Date”) when each
of the conditions set forth in this Section B shall have been satisfied (subject to the last sentence of this Section B) or
waived:

 

1.          The
Administrative Agent shall have received duly executed counterparts hereof that, when taken together, bear the signatures of (i) the
Borrowers, (ii) Holdings, (iii) Parent, (iv) the Administrative Agent, (v) the Consenting Lenders (which shall constitute
all Lenders (determined immediately after giving effect to this Amendment)) and (vi) the Replacement Lender.

 

2.          Immediately
following receipt of duly executed counterparts hereof as contemplated by paragraph 1 of this Section, the Borrowers shall have (a) paid
all fees earned, due and payable to Barclays Bank PLC pursuant to that certain Fee Letter, dated as of January 10, 2022, among the
Administrative Borrower and Barclays Bank PLC, (b) reimbursed or paid all reasonable and documented out-of-pocket expenses in connection
with this Amendment (and any other documents prepared in connection herewith and the consummation and administration of the transactions
contemplated hereby) and any other out-of-pocket expenses of the Administrative Agent, in each case, as required to be paid or reimbursed
pursuant to that certain Engagement Letter, dated as of January 10, 2022 (the “Engagement Letter”), among the
Administrative Borrower and the Arrangers and (c) paid all accrued and unpaid interest on the outstanding Initial Term Loans through
and including the Amendment No. 4 Effective Date.

 

3.          The
Administrative Agent shall have received a certificate of good standing (to the extent such concepts exists in the jurisdiction of incorporation,
organization or formation of such Loan Party) 

 

     2

    

    

 

from the applicable Governmental Authority of each Loan Party’s jurisdiction of incorporation,
organization or formation.

 

4.          (x) The
Replacement Lender shall have executed and delivered the Master Assignment contemplated by Section C below and all conditions to
the consummation of the assignments in accordance with Section C below shall have been satisfied and such assignments shall have
been consummated and (y) any fees, costs and any other expenses in connection with such assignment arising under Section 9.04
of the Credit Agreement shall have been paid in full or, in the case of transfer fees payable in connection with an assignment, waived
by the Administrative Agent (it being understood that the Administrative Agent has waived the right to receive any processing and recordation
fee as provided in Section 9.04(b) of the Credit Agreement in connection with this Amendment and the transactions contemplated
hereby).

 

		C.	Other Terms.

 

1.          Terms
Related to Replacement.  The parties hereto agree that the Borrowers are exercising their rights under Section 9.02(c) of
the Credit Agreement in connection with this Amendment to require any Non-Consenting Term Lender to assign all of its interests, rights
and obligations under the Loan Documents, and pursuant to the Master Assignment, each Non-Consenting Term Lender shall sell and assign
the principal amount of its existing Initial Term Loans as set forth in Schedule I to the Master Assignment, as such Schedule is completed
by the Administrative Agent on or prior to the Amendment No. 4 Effective Date, to the Replacement Lender, as assignee under such
Master Assignment solely upon the consent and acceptance by the Replacement Lender and each Non-Consenting Term Lender shall be deemed
to have executed a counterpart to such Master Assignment to give effect to such consent by such Non-Consenting Term Lender; provided
that an assignment shall be effective on the Amendment No. 4 Effective Date notwithstanding any failure by a Non-Consenting Term
Lender to deliver an executed Master Assignment. The Replacement Lender shall be deemed to have consented to this Amendment with respect
to such purchased Term Loans, at the time of such assignment.

 

2.          Continuing
Term Lenders.  Each Existing Term Lender selecting Option A
on the Term Lender Consent hereto hereby consents and agrees to the amendments in Section A above and this Amendment.

 

3.          Non-Continuing
Term Lenders.  Each Existing Term Lender selecting Option B on the Term Lender Consent
hereto hereby consents and agrees to (i) this Amendment and (ii) sell the entire principal amount of its existing Initial Term
Loans via an assignment on the Amendment No. 4 Effective Date pursuant to a Master Assignment. By executing a Term Lender Consent
and selecting Option B, each Non-Continuing Term Lender shall be deemed to have executed a counterpart to the Master Assignment to give
effect, solely upon the consent and acceptance by the Replacement Lender, to the assignment described in the immediately preceding sentence.

 

4.          Loan
Party Certifications. By execution of Amendment, each of the undersigned hereby certifies, on behalf of the applicable Loan Party
and not in his/her individual capacity, that as of the Amendment No. 4 Effective Date

 

(i)          each
of Holdings, Parent, the Borrowers and the Restricted Subsidiaries is (a) duly organized or incorporated, validly existing and in
good standing (to the extent such concept exists in the jurisdiction of organization of such person) under the laws of the jurisdiction
of its organization or incorporation, (b) has the corporate power or other organizational power and authority to carry on its business
as now conducted and to execute, deliver and perform its obligations under this Amendment and the Credit Agreement (as modified hereby)
and (c) is qualified to do business in, and is in good standing in, every

 

     3

    

    

 

 jurisdiction where such qualification is required, except
in the cases of clause (a) (other than with respect to the Borrowers), clause (b) and clause (c), where the failure to do so,
individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect;

 

(ii)         this
Amendment has been duly authorized, executed and delivered by each of Holdings, the Borrowers and Parent and when executed and delivered
by the other parties hereto, will constitute a legal, valid and binding obligation of Holdings, each Borrower and Parent, enforceable
against them in accordance with its terms, subject to applicable Debtor Relief Laws and any other applicable bankruptcy, insolvency,
reorganization, moratorium, examinership or other laws affecting creditors’ rights generally and subject to general principles
of equity, regardless of whether considered in a proceeding in equity or at law;

 

(iii)        the
execution and delivery by each Loan Party of this Amendment and the performance by each of Holdings, the Borrowers and Parent of this
Amendment and the Credit Agreement (as modified hereby) and the consummation of the transactions contemplated hereby and thereby, (a) do
not require any consent or approval of, registration or filing with, or any other action by, any Governmental Authority, except such
as have been obtained or made and are in full force and effect and except filings necessary to perfect Liens created under the Loan Documents,
(b) will not violate (i) the Organizational Documents of, or (ii) any Requirements of Law applicable to, Holdings, any
Intermediate Parent, the Borrowers or any Restricted Subsidiary, (c) will not violate or result in a default under any indenture
or other agreement or instrument binding upon Holdings, any Intermediate Parent, the Borrowers or any Restricted Subsidiary or their
respective assets, or give rise to a right thereunder to require any payment, repurchase or redemption to be made by Holdings, any Intermediate
Parent, the Borrowers or any Restricted Subsidiary, or give rise to a right of, or result in, termination, cancellation or acceleration
of any obligation thereunder and (d) will not result in the creation or imposition of any Lien on any asset of Holdings, any Intermediate
Parent, the Borrowers or any Restricted Subsidiary (other than Liens created under the Loan Documents) except (in the case of each of
clauses (a), (b)(ii) and (c)) to the extent that the failure to obtain or make such consent, approval, registration, filing or action,
or such violation, default or right, as the case may be, individually or in the aggregate, could not reasonably be expected to have a
Material Adverse Effect;

 

(iv)        the
representations and warranties of each Loan Party set forth in any Loan Document to which it is a party are 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 Amendment
No. 4 Effective Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which
case they were 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

 

(v)         no
Default or Event of Default has occurred and is continuing (both immediately before and immediately after giving effect to this Amendment
and the transactions contemplated hereby).

 

5.          Amendments;
Execution in Counterparts; Severability; Interpretative Provisions.

 

(i)          No
amendment or waiver of any provision of this Amendment, and no consent to any departure by the Borrowers or any other Loan Party herefrom,
shall be effective unless in writing and signed by the Administrative Agent, Holdings, the Borrowers or Parent, as the case may be, and
each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

 

     4

    

    

 

(ii)          This
Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute
an original, but all of which when taken together shall constitute a single contract. This Amendment shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed signature page of this Amendment
by facsimile or other electronic transmission (e.g., “pdf” or “tif”) shall be effective as delivery of a manually
executed counterpart hereof. The words “execution,” “signed,” “signature,” “delivery,”
and words of like import in this Amendment shall be deemed to include electronic signatures or electronic records, each of which shall
be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof 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.

 

(iii)          Any
provision of this Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining
provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any
other jurisdiction.

 

(iv)          This
Amendment shall constitute a “Loan Document” for all purposes of the Credit Agreement (as modified hereby) and the other Loan
Documents.

 

(v)          The
rules of construction specified in Sections 1.02 through and including 1.08 of the Credit Agreement also apply to this
Amendment, mutatis mutandis.

 

6.            GOVERNING
LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

 

7.            Acknowledgement
and Reaffirmation. Each Loan Party hereby:

 

(a)          (i) acknowledges
that it has reviewed the terms and provisions of this Amendment (including, without limitation, Section 6), (ii) consents to
the amendment of the Credit Agreement effected pursuant to this Amendment and (iii) reaffirms and confirms that each Loan Document
to which it is a party or is otherwise bound, each Lien granted by it to the Collateral Agent for the benefit of the Secured Parties pursuant
to any such Loan Document and all Collateral encumbered thereby continues to guarantee or secure, as the case may be, in accordance with
the terms of the applicable Loan Documents the payment and performance of all “Secured Obligations” under the Credit Agreement,
and hereby ratifies the security interests in the Collateral (as defined in the Credit Agreement) granted by it pursuant to the Security
Documents;

 

(b)          acknowledges
and agrees that (i) each Loan Document to which it is a party or otherwise bound shall continue and remain in full force and effect
and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution or effectiveness
of this Amendment (except as specifically set forth herein), (ii) notwithstanding the conditions to effectiveness set forth in this
Amendment, no consent by any Loan Party (other than Holdings and the Borrowers) is required by the terms of the Credit Agreement or any
other Loan Document to the amendments to the Credit Agreement effected pursuant to this Amendment and (iii) nothing in the Credit
Agreement, this Amendment or any other Loan Document shall be deemed to require its consent to any future amendments to the Credit Agreement,
except to the extent expressly set forth in Section 9.02 or other applicable section of the Credit Agreement;

 

     5

    

    

 

(c)          agrees
that the Loan Document Obligations and the Secured Obligations include, among other things and without limitation, the prompt and complete
payment and performance by the Borrowers when due and payable (whether at the stated maturity, by acceleration or otherwise) of principal
and interest on, and premium (if any) on, the Term Loans under the Credit Agreement as amended by this Amendment; and

 

(d)          acknowledges
and agrees that nothing in this Amendment shall be deemed to be a novation of any obligations under the Credit Agreement or any other
Loan Document.

 

8.          Borrowers’
Consent. For purposes of Section 9.04 of the Credit Agreement, the Borrowers hereby consent to any assignee of the Replacement
Lender or any of its respective Affiliates (in each case otherwise being an Eligible Assignee) becoming a Lender in connection with the
syndication of the Initial Term Loans acquired by the Replacement Lender pursuant to Section C hereof, to the extent the inclusion
of such assignee in the syndicate has been disclosed in writing to and reasonably agreed by the Borrowers prior to the Amendment No. 4
Effective Date in accordance with the Engagement Letter.

 

9.          Miscellaneous.

 

(i)          The
provisions of this Amendment are deemed incorporated as of the Amendment No. 4 Effective Date into the Credit Agreement as if fully
set forth therein. Except as specifically amended by this Amendment, (i) the Credit Agreement and the other Loan Documents shall
remain in full force and effect and (ii) the execution, delivery and performance of this Amendment shall not constitute a waiver
of any provision of, or operate as a waiver of any right, power or remedy of any Agent or Lender under, the Credit Agreement or any of
the other Loan Documents.

 

(ii)          The
Borrowers hereby confirm that the indemnification provisions set forth in Section 9.03 of the Credit Agreement shall apply to this
Amendment and any other documents prepared in connection herewith and the consummation and administration of the transactions contemplated
hereby, and such liabilities, obligations, losses, damages, penalties, claims, demands, actions, judgments, suits, costs (including settlement
costs) expenses and disbursements (including fees, disbursements and charges of counsel) (as more fully set forth therein as applicable)
as described therein which may arise herefrom or in connection herewith; provided that expenses (including fees, disbursements
and charges of counsel) (as more fully set forth therein as applicable) in excess of $25,000 shall not be reimburseable unless the Amendment
No. 4 Effective Date occurs.

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY
LEFT BLANK]

 

     6

    

    

 

IN WITNESS WHEREOF,
each of the undersigned has caused its duly authorized officer to execute and deliver this Amendment as of the date first set forth above.

 

	 	ATKINS INTERMEDIATE HOLDINGS, LLC,
	 	as Holdings and a Guarantor
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	NCP-ATK HOLDINGS, INC.,
	 	as a Borrower
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	ATKINS NUTRITIONALS HOLDINGS, INC.,
	 	as a Borrower
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	ATKINS NUTRITIONALS HOLDINGS II, INC.,
	 	as a Borrower
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	SIMPLY GOOD FOODS USA, INC.,
	 	as the Administrative Borrower
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	CONYERS PARK ACQUISITION CORP.,
	 	as Parent and a Guarantor
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer

 

[Atkins
 –Repricing Amendment]

 

     

    

    

 

	 	QUEST NUTRITION LLC,
	 	as a Guarantor
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	VMG QUEST BLOCKER, INC.
	 	as a Guarantor
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer
	 	 	 
	 	VOYAGE HOLDINGS, LLC,
	 	as a Guarantor
	 	 	 
	 	By:	/s/ Todd Cunfer
	 	Name:	Todd Cunfer
	 	Title:	Chief Financial Officer

 

[Atkins
 –Repricing Amendment]

 

     

    

    

 

	 	BARCLAYS BANK PLC, as Administrative Agent, Swing Line Lender, Replacement
Lender, Revolving Lender and Issuing Bank 
	 	 
	 	By:	/s/ Regina Tarone
	 	Name:	Regina Tarone
	 	Title:	 Managing Director

 

[Atkins
 –Repricing Amendment]

 

     

    

    

 

[LENDER SIGNATURE PAGES ON FILE WITH THE ADMINISTRATIVE
AGENT]

 

[Atkins
 –Repricing Amendment]

 

     

    

    

 

ANNEX A

 

Form of Master Assignment and Assumption

 

This Assignment and Assumption (this “Master
Assignment”) is dated as of the Effective Date set forth below and is entered into by and between each Assignor identified in
in Section 1 below (each, an “Assignor”) and Barclays Bank PLC (the “Assignee”). It is understood
and agreed that the rights and obligations of each Assignor and the Assignee hereunder are several and not joint. Capitalized terms used
but not defined herein shall have the meanings given to them in the Credit Agreement identified below, receipt of a copy of which is hereby
acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex I attached hereto are hereby agreed to and incorporated
herein by reference and made a part of this Assignment and Assumption as if set forth herein in full.

 

For an agreed consideration, each Assignor hereby
irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the applicable Assignor,
subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the
Administrative Agent as contemplated below (i) all of the applicable Assignor’s rights and obligations in its capacity as a
Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the principal
amount of Initial Term Loans identified opposite such Lender’s name on Schedule I hereto under the caption “Initial Term Loans
held immediately prior to the Amendment No. 4 Effective Date” and (ii) to the extent permitted to be assigned under applicable
law, all claims, suits, causes of action and any other right of the applicable Assignor (in its capacity as a Lender) against any Person,
whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant
thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited
to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights
and obligations sold and assigned by the applicable Assignor to the Assignee pursuant to clause (i) above (the rights and obligations
sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”).
Such sale and assignment is without recourse to any Assignor and, except as expressly provided in this Assignment and Assumption, without
representation or warranty by any Assignor.

 

By purchasing the Assigned Interest, the Assignee
agrees that, for purposes of that certain Repricing Amendment dated as of January 21, 2022 (the “2022 Repricing Amendment”),
by and among the Borrowers, Parent, Holdings, the Replacement Lender, the Consenting Lenders referred to therein, and the Administrative
Agent, it shall be deemed to have consented and agreed to the 2022 Repricing Amendment.

 

	1.	Assignor:	Each person identified on Schedule I hereto
	 	 	 
	2.	Assignee:	Barclays Bank PLC
	 	 	 
	3.	Administrative Borrower:	Simply Good Foods USA, Inc.
	 	 	 
	4.	Administrative Agent:	Barclays Bank PLC, as the Administrative Agent under the Credit Agreement.
	 	 	 
	5.	Credit Agreement:	The Credit Agreement dated as of July 7, 2017 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among ATKINS INTERMEDIATE 

 

     

     

    

 

			HOLDINGS, LLC,
a Delaware limited liability company (“Holdings”), CONYERS PARK PARENT MERGER SUB, INC., a Delaware corporation
(“Parent Merger Sub”), CONYERS PARK ACQUISITION CORP., a Delaware corporation (“Parent” and following
the Parent Merger as successor to Parent Merger Sub by operation of law), CONYERS PARK MERGER SUB 1, INC., a Delaware corporation
(“Company Merger Sub 1”), CONYERS PARK MERGER SUB 2, INC., a Delaware corporation (“Company Merger Sub
2”), CONYERS PARK MERGER SUB 3, INC., a Delaware corporation (“Company Merger Sub 3”), CONYERS PARK
MERGER SUB 4, INC., a Delaware corporation (“Company Merger Sub 4” or “Initial Administrative Borrower”,
and, together with Company Merger Sub 1, Company Merger Sub 2, and Company Merger Sub 3, the “Company Merger Subs” and each,
a “Company Merger Sub”, and collectively, the “Initial Borrowers”), NCP-ATK HOLDINGS, INC.,
a Delaware corporation (the “Company” and following the Company Merger as successor to Company Merger Sub 1 by operation
of law), ATKINS NUTRITIONALS HOLDINGS, INC., a Delaware corporation (“ANH” and following the Company Merger as
successor to Company Merger Sub 2 by operation of law), ATKINS NUTRITIONALS HOLDINGS II, INC., a Delaware corporation (“ANHII”
and following the Company Merger as successor to Company Merger Sub 3 by operation of law), and SIMPLY GOOD FOODS USA, INC. (f/k/a
ATKINS NUTRITIONALS, INC.), a New York corporation (“SGF” and following the Company Merger as successor to Company
Merger Sub 4 by operation of law, the “Administrative Borrower” and, together with the Company, ANH and ANHII, the “Acquired
Companies”, and the Acquired Companies, following the consummation of the Acquisition together with the Initial Borrowers,
each individually, and collectively referred to herein as the context may require, as the “Borrower”), the LENDERS
and ISSUING BANKS party thereto and BARCLAYS BANK PLC, as Administrative Agent (the “Administrative Agent”).
	 	 	 
	6.	Assigned Interest:	As indicated on Schedule I hereto.
	 	 	 
	7.	Effective Date:	January 21, 2022

 

    A-2

     

    

 

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

 

	 	ASSIGNEE:
	 	 
	 	BARCLAYS BANK PLC
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

 

	 	 
	Consented to and Accepted:	 
	 	 
	BARCLAYS BANK PLC,	 
	as Administrative Agent	 
	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 
	 	 
	SIMPLY GOOD FOODS USA, INC.	 
	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

    A-3

     

    

 

ANNEX I

 

STANDARD TERMS AND CONDITIONS FOR

ASSIGNMENT AND ASSUMPTION

 

1.             Representations
and Warranties.

 

1.1           Assignor.
Each Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest,
(ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full
power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions
contemplated hereby and (iv) it is not a Defaulting Lender; and (b) assumes no responsibility with respect to
(i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Loan Document,
(ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral
thereunder, (iii) the financial condition of Holdings, any of its Subsidiaries or Affiliates or any other Person obligated
in respect of any Loan Document, or (iv) the performance or observance by Holdings, any of its Subsidiaries or Affiliates
or any other Person of any of their respective obligations under any Loan Document.

 

1.2           Assignee.
The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary,
to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under
the Credit Agreement, (ii) it meets all the requirements to be an assignee under Section 9.04 of the Credit Agreement
(subject to such consents, if any, as may be required under the Credit Agreement) and is not a Disqualified Lender, (iii) from
and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of
the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is sophisticated with respect to decisions
to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision
to acquire the Assigned Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit
Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant
to Section 5.01(a) or (b) thereof, as applicable, and such other documents and information as it deems appropriate
to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, (vi) it
has independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as
it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the
Assigned Interest, (vii) if it is a Lender that is not a United States person, attached to the Assignment and Assumption is
any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, completed and duly executed by the Assignee
and (viii) if it is an Affiliated Lender, it has indicated its status as such in the space provided on the first page of
this Assignment and Assumption; and (b) agrees that (i) it will, independently and without reliance on the Administrative
Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue
to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance
with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender.

 

2.             Payments.
From and after the Effective Date referred to in this Assignment and Assumption, the Administrative Agent shall make all payments in respect
of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the applicable Assignor for amounts which
have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

 

     

     

    

 

3.             General
Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective
successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute
one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by facsimile or electronic
transmission shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and
Assumption shall be governed by, and construed in accordance with, the laws of the State of New York.

 

[Remainder of page intentionally left blank]

 

    A-5

     

    

 

SCHEDULE I

 

Initial Term Loans

 

	ASSIGNOR	Initial Term Loans held

 immediately prior to the

 Amendment No. 4

 Effective Date	Initial Term Loans held

 immediately following

 the Amendment No. 4

 Effective Date
	 	 	 

 

[Additional pages shall be attached hereto
at the discretion of the Administrative Agent, to the extent deemed necessary or advisable by Administrative Agent to reflect calculation
of amounts and percentages of assignments]

 

    A-6

     

    

 

EXHIBIT  A

 

     

     

    

 

Conformed
through Amendment No. 34 (ExtensionRepricing Amendment)
– Execution Version 

 

CREDIT AGREEMENT

 

Dated as of July 7, 2017

 

among

 

ATKINS INTERMEDIATE HOLDINGS, LLC,

as Holdings,

 

CONYERS PARK PARENT MERGER SUB, INC.,

initially, as Parent Merger Sub, succeeded by merger by

 

CONYERS PARK ACQUISITION CORP.,

as Parent,

 

CONYERS PARK MERGER SUB 4, INC.,

initially, as the Initial Administrative Borrower,
succeeded by merger by

 

SIMPLY GOOD FOODS USA, INC. (F/K/A ATKINS
NUTRITIONALS, INC.),

following the Company Merger and the Acquisition, as the Administrative Borrower,

 

CONYERS PARK MERGER SUB 1, INC., CONYERS PARK
MERGER SUB 2, INC. and CONYERS 

PARK MERGER SUB 3, INC.,

initially, each as an Initial Borrower, succeeded by merger by

 

ATKINS NUTRITIONALS HOLDINGS, INC., ATKINS
NUTRITIONALS HOLDINGS II, INC., and 

NCP-ATK HOLDINGS, INC.,

respectively, following the Company Merger and the Acquisition, each, as a Borrower,

 

the Swing Line Lender, the Lenders and the Issuing
Banks party hereto,

 

BARCLAYS BANK PLC,

as the Administrative Agent

 

and

 

BANK OF MONTREAL and SUNTRUST
BANK,

as Co-Documentation Agents

 

 

BARCLAYS BANK PLC and

GOLDMAN SACHS BANK USA,

as Joint Lead Arrangers and Joint Bookrunner

 

     

     

    

 

TABLE OF CONTENTS

 

	 	 	Page

	 	 	 
	Article I DEFINITIONS	 	2
	 	 	 	 
	 	SECTION 1.01	Defined Terms	2
	 	 	 	 
	 	SECTION 1.02	Classification of Loans and Borrowings	8390
	 	 	 	 
	 	SECTION 1.03	Terms Generally	8390
	 	 	 	 
	 	SECTION 1.04	Accounting Terms; GAAP	8491
	 	 	 	 
	 	SECTION 1.05	Effectuation of Transactions	8491
	 	 	 	 
	 	SECTION 1.06	Limited Condition Transactions	8591
	 	 	 	 
	 	SECTION 1.07	Alternative Currencies	8592
	 	 	 	 
	 	SECTION 1.08	Currency Equivalents Generally	8693
	 	 	 	 
	 	SECTION 1.09	Rates	94
	 	 	 	 
	Article II THE CREDITS	8794
	 	 	 	 
	 	SECTION 2.01	Commitments	8794
	 	 	 	 
	 	SECTION 2.02	Loans and Borrowings	8795
	 	 	 	 
	 	SECTION 2.03	Requests for Borrowings	8896
	 	 	 	 
	 	SECTION 2.04	Swing Line Loans	8997
	 	 	 	 
	 	SECTION 2.05	Letters of Credit	92100
	 	 	 	 
	 	SECTION 2.06	Funding of Borrowings	100107
	 	 	 	 
	 	SECTION 2.07	Interest Elections	101108
	 	 	 	 
	 	SECTION 2.08	Termination and Reduction of Commitments	102109
	 	 	 	 
	 	SECTION 2.09	Repayment of Loans; Evidence of Debt	103110
	 	 	 	 
	 	SECTION 2.10	Amortization of Term Loans	103111
	 	 	 	 
	 	SECTION 2.11	Prepayment of Loans	105112
	 	 	 	 
	 	SECTION 2.12	Fees	119126

 

    i 

     

    

 

	 	SECTION 2.13	Interest	120127
	 	 	 	 
	 	SECTION 2.14	Alternate Rate of Interest	121Inability
to Determine Rates128
	 	 	 	 
	 	SECTION 2.15	Increased Costs	122131
	 	 	 	 
	 	SECTION 2.16	Break Funding Payments	123[Reserved]132
	 	 	 	 
	 	SECTION 2.17	Taxes	124133
	 	 	 	 
	 	SECTION 2.18	Payments Generally; Pro Rata Treatment; Sharing of Setoffs	128137
	 	 	 	 
	 	SECTION 2.19	Mitigation Obligations; Replacement of Lenders	130139
	 	 	 	 
	 	SECTION 2.20	Incremental Credit Extensions	131140
	 	 	 	 
	 	SECTION 2.21	Refinancing Amendments	136145
	 	 	 	 
	 	SECTION 2.22	Defaulting Lenders	138146
	 	 	 	 
	 	SECTION 2.23	Illegality	140148
	 	 	 	 
	 	SECTION 2.24	Loan Modification Offers	141149
	 	 	 	 
	 	SECTION 2.25	Administrative Borrower as Agent	142150
	 	 	 	 
	Article III REPRESENTATIONS AND WARRANTIES	142151
	 	 	 	 
	 	SECTION 3.01	Organization; Powers	142151
	 	 	 	 
	 	SECTION 3.02	Authorization; Enforceability	142151
	 	 	 	 
	 	SECTION 3.03	Governmental Approvals; No Conflicts	143152
	 	 	 	 
	 	SECTION 3.04	No Material Adverse Effect	143152
	 	 	 	 
	 	SECTION 3.05	Properties	143152
	 	 	 	 
	 	SECTION 3.06	Litigation and Environmental Matters	143152
	 	 	 	 
	 	SECTION 3.07	Compliance with Laws	144153
	 	 	 	 
	 	SECTION 3.08	Investment Company Status	144153
	 	 	 	 
	 	SECTION 3.09	Taxes	144153
	 	 	 	 
	 	SECTION 3.10	ERISA	144153

 

    ii 

     

    

 

	 	SECTION 3.11	Disclosure	145154
	 	 	 	 
	 	SECTION 3.12	Subsidiaries	145154
	 	 	 	 
	 	SECTION 3.13	Intellectual Property; Licenses, Etc.	145154
	 	 	 	 
	 	SECTION 3.14	Solvency	146155
	 	 	 	 
	 	SECTION 3.15	Federal Reserve Regulations	146155
	 	 	 	 
	 	SECTION 3.16	USA PATRIOT Act; OFAC and FCPA	146155
	 	 	 	 
	 	SECTION 3.17	Use of Proceeds	147156
	 	 	 	 
	 	SECTION 3.18	Labor Matters	147156
	 	 	 	 
	Article IV CONDITIONS	147156
	 	 	 	 
	 	SECTION 4.01	Effective Date	147156
	 	 	 	 
	 	SECTION 4.02	Each Credit Event	150159
	 	 	 	 
	Article V AFFIRMATIVE COVENANTS	151160
	 	 	 	 
	 	SECTION 5.01	Financial Statements and Other Information	151160
	 	 	 	 
	 	SECTION 5.02	Notices of Material Events	154163
	 	 	 	 
	 	SECTION 5.03	Information Regarding Collateral	154163
	 	 	 	 
	 	SECTION 5.04	Existence; Conduct of Business	155164
	 	 	 	 
	 	SECTION 5.05	Payment of Taxes, etc.	155164
	 	 	 	 
	 	SECTION 5.06	Maintenance of Properties	155164
	 	 	 	 
	 	SECTION 5.07	Insurance	155164
	 	 	 	 
	 	SECTION 5.08	Books and Records; Inspection and Audit Rights	156165
	 	 	 	 
	 	SECTION 5.09	Compliance with Laws	157166
	 	 	 	 
	 	SECTION 5.10	Use of Proceeds and Letters of Credit	157166
	 	 	 	 
	 	SECTION 5.11	Additional Subsidiaries	157166
	 	 	 	 
	 	SECTION 5.12	Further Assurances	158167
	 	 	 	 
	 	SECTION 5.13	Designation of Subsidiaries	159168

 

    iii 

     

    

 

	 	SECTION 5.14	Certain Post-Closing Obligations	159168
	 	 	 	 
	 	SECTION 5.15	Maintenance of Rating of Facilities	159168
	 	 	 	 
	 	SECTION 5.16	Lines of Business	160169
	 	 	 	 
	 	SECTION 5.17	Fiscal Periods	160169
	 	 	 	 
	 	SECTION 5.18	Lender Calls	160169
	 	 	 	 
	 	SECTION 5.19	Transactions with Affiliates	160169
	 	 	 	 
	Article VI NEGATIVE COVENANTS	162170
	 	 	 	 
	 	SECTION 6.01	Indebtedness; Certain Equity Securities	162170
	 	 	 	 
	 	SECTION 6.02	Liens	169178
	 	 	 	 
	 	SECTION 6.03	Fundamental Changes; Holdings Covenant	173182
	 	 	 	 
	 	SECTION 6.04	Investments, Loans, Advances, Guarantees and Acquisitions	175185
	 	 	 	 
	 	SECTION 6.05	Asset Sales	180189
	 	 	 	 
	 	SECTION 6.06	[Reserved]	183192
	 	 	 	 
	 	SECTION 6.07	Restricted Payments; Certain Payments of Indebtedness	183192
	 	 	 	 
	 	SECTION 6.08	[Reserved]	189198
	 	 	 	 
	 	SECTION 6.09	Restrictive Agreements	189198
	 	 	 	 
	 	SECTION 6.10	Amendment of Junior Financing	191200
	 	 	 	 
	 	SECTION 6.11	Financial Performance Covenant	191200
	 	 	 	 
	 	SECTION 6.12	Amendments of Organizational Documents	192201
	 	 	 	 
	Article VII EVENTS OF DEFAULT	192201
	 	 	 	 
	 	SECTION 7.01	Events of Default	192201
	 	 	 	 
	 	SECTION 7.02	Right to Cure	196205
	 	 	 	 
	 	SECTION 7.03	Application of Proceeds	197206

 

    iv 

     

    

 

	Article VIII ADMINISTRATIVE AGENT	198207
	 	 	 	 
	 	SECTION 8.01	Appointment and Authority	198207
	 	 	 	 
	 	SECTION 8.02	Rights as a Lender	198208
	 	 	 	 
	 	SECTION 8.03	Exculpatory Provisions	199208
	 	 	 	 
	 	SECTION 8.04	Reliance by Administrative Agent	200209
	 	 	 	 
	 	SECTION 8.05	Delegation of Duties	200209
	 	 	 	 
	 	SECTION 8.06	Resignation of Administrative Agent	200209
	 	 	 	 
	 	SECTION 8.07	Non-Reliance on Administrative Agent and Other Lenders	202211
	 	 	 	 
	 	SECTION 8.08	No Other Duties, Etc.	202211
	 	 	 	 
	 	SECTION 8.09	Administrative Agent May File Proofs of Claim	203212
	 	 	 	 
	 	SECTION 8.10	No Waiver; Cumulative Remedies; Enforcement	203212
	 	 	 	 
	 	SECTION 8.11	Secured Cash Management Obligations; Secured Swap Obligations	204213
	 	 	 	 
	Article IX MISCELLANEOUS	204213
	 	 	 	 
	 	SECTION 9.01	Notices	204213
	 	 	 	 
	 	SECTION 9.02	Waivers; Amendments	206215
	 	 	 	 
	 	SECTION 9.03	Expenses; Indemnity; Damage Waiver	210219
	 	 	 	 
	 	SECTION 9.04	Successors and Assigns	213222
	 	 	 	 
	 	SECTION 9.05	Survival	221230
	 	 	 	 
	 	SECTION 9.06	Counterparts; Integration; Effectiveness	221230
	 	 	 	 
	 	SECTION 9.07	Severability	222231
	 	 	 	 
	 	SECTION 9.08	Right of Setoff	222231
	 	 	 	 
	 	SECTION 9.09	Governing Law; Jurisdiction; Consent to Service of Process	223232
	 	 	 	 
	 	SECTION 9.10	WAIVER OF JURY TRIAL	223232

 

    v 

     

    

 

	 	SECTION 9.11	Headings	224233
	 	 	 	 
	 	SECTION 9.12	Confidentiality	224233
	 	 	 	 
	 	SECTION 9.13	USA PATRIOT Act	225234
	 	 	 	 
	 	SECTION 9.14	Release of Liens and Guarantees	225234
	 	 	 	 
	 	SECTION 9.15	No Advisory or Fiduciary Responsibility	227236
	 	 	 	 
	 	SECTION 9.16	Interest Rate Limitation	228237
	 	 	 	 
	 	SECTION 9.17	Judgment Currency	228237
	 	 	 	 
	 	SECTION 9.18	Obligations Joint and Several	228237
	 	 	 	 
	 	SECTION 9.19	Cashless Settlement	229238
	 	 	 	 
	 	SECTION 9.20	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	229238
	 	 	 	 
	 	SECTION 9.21	Erroneous Payments	239
	 	 	 	 
	 	SECTION 9.22	Acknowledgement Regarding Any Supported QFCs	240

 

    vi 

     

    

 

SCHEDULES:

 

	Schedule 1.01	—	Excluded Subsidiaries
	Schedule 2.01	—	Commitments and Loans
	Schedule 2.05	—	Letter of Credit Commitments
	Schedule 3.03	—	Government Approvals; No Conflicts
	Schedule 3.06 	—	Litigation and Environmental Matters
	Schedule 3.12	—	Subsidiaries
	Schedule 5.14	—	Certain Post-Closing Obligations
	Schedule 5.19	—	Existing Affiliate Transactions
	Schedule 6.01	—	Existing Indebtedness
	Schedule 6.02	—	Existing Liens
	Schedule 6.04	—	Existing Investments
	Schedule 6.09	—	Existing Restrictions
	Schedule 9.01	—	Notices

 

EXHIBITS:

 

	Exhibit A	—	Form of Assignment and Assumption
	Exhibit B	—	Form of Guarantee Agreement
	Exhibit C-1	—	Form of Notice of Borrowing
	Exhibit C-2	—	Form of Notice of Swing Line Borrowing
	Exhibit D	—	Form of Collateral Agreement
	Exhibit E-1	—	Form of Pari Passu Intercreditor Agreement
	Exhibit E-2	—	Form of Junior Intercreditor Agreement
	Exhibit F	—	Form of Intercompany Note
	Exhibit G	—	Form of Specified Discount Prepayment Notice
	Exhibit H	—	Form of Specified Discount Prepayment Response
	Exhibit I	—	Form of Discount Range Prepayment Notice
	Exhibit J	—	Form of Discount Range Prepayment Offer
	Exhibit K	—	Form of Solicited Discounted Prepayment Notice
	Exhibit L	—	Form of Solicited Discounted Prepayment Offer
	Exhibit M	—	Form of Acceptance and Prepayment Notice
	Exhibit N-1	—	Form of United States Tax Compliance Certificate 1
	Exhibit N-2	—	Form of United States Tax Compliance Certificate 2
	Exhibit N-3	—	Form of United States Tax Compliance Certificate 3
	Exhibit N-4	—	Form of United States Tax Compliance Certificate 4
	Exhibit O	—	Form of Note
	Exhibit P	—	Form of Solvency Certificate
	Exhibit Q	—	Form of Letter of Credit Request

 

    vii 

     

    

 

CREDIT AGREEMENT dated as of
July 7, 2017 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) among
Atkins Intermediate Holdings, LLC, a Delaware limited liability company (“Holdings”), Conyers Park Parent Merger Sub, Inc.,
a Delaware corporation (“Parent Merger Sub”), Conyers Park Acquisition Corp., a Delaware corporation (“Parent”
and following the Parent Merger (as defined below), successor to Parent Merger Sub by operation of law and following the Acquisition,
a “Loan Party”), Conyers Park Merger Sub 1, Inc., a Delaware corporation (“Company Merger Sub 1”),
Conyers Park Merger Sub 2, Inc., a Delaware corporation (“Company Merger Sub 2”), Conyers Park Merger Sub 3, Inc.,
a Delaware corporation (“Company Merger Sub 3”), Conyers Park Merger Sub 4, Inc., a Delaware corporation (“Company
Merger Sub 4” or the “Initial Administrative Borrower”, and together with Company Merger Sub 1, Company
Merger Sub 2, and Company Merger Sub 3, the “Company Merger Subs”, and each, a “Company Merger Sub”,
and collectively, the “Initial Borrowers”), NCP-ATK Holdings, Inc., a Delaware corporation (the “Company”
and following the Company Merger (as defined below), successor to Company Merger Sub 1 by operation of law, and following the Acquisition,
a “Loan Party”), Atkins Nutritionals Holdings, Inc., a Delaware corporation (“ANH” and following
the Company Merger, successor to Company Merger Sub 2 by operation of law, and following the Acquisition, a “Loan Party”),
Atkins Nutritionals Holdings II, Inc., a Delaware corporation (“ANHII” and following the Company Merger, successor
to Company Merger Sub 3 by operation of law, and following the Acquisition, a “Loan Party”), and Simply Good Foods
USA, Inc., a New York corporation (“SGF” and following the Company Merger, successor to Company Merger Sub 4
by operation of law, and following the Acquisition, the “Administrative Borrower” and together with the Company, ANH
and ANHII, the “Acquired Companies”, and the Acquired Companies, following the consummation of the Acquisition, together
with the Initial Borrowers, each individually, and collectively referred to herein as the context may require, as the “Borrower”),
the Swing Line Lender, the Lenders and the Issuing Banks party hereto and Barclays Bank PLC, as the Administrative Agent.

 

Preliminary Statements:

 

WHEREAS, Holdings and certain
of its Subsidiaries intend to acquire the Acquired Companies and their subsidiaries pursuant to the Acquisition Agreement;

 

WHEREAS, in order to finance
the Debt Repayment and the Acquisition and to provide for the working capital needs and general corporate requirements (including maintaining
cash on the balance sheet of Holdings and its Subsidiaries and to finance permitted Investments, acquisitions, capital expenditures and
Restricted Payments) of Holdings and its Restricted Subsidiaries after giving effect to the Acquisition, the Borrower has requested that
the Lenders extend credit in the form of (a) Initial Term Loans in an aggregate principal amount of $200,000,000 on the Effective
Date and (b) Revolving Loans at any time and from time to time prior to the Revolving Maturity Date in an aggregate principal amount
of up to $75,000,000.

 

WHEREAS, the proceeds of
the Loans borrowed on the Effective Date, together with the proceeds of the Equity Contribution, will be used to fund (v) cash to
the balance sheet of the Borrower, (w) any original issue discount or upfront fees in connection with the Loans, (x) the purchase
price for the Acquisition, (y) the Debt Repayment and (z) the Transaction Costs.

 

    

     

    

 

WHEREAS, the Initial Administrative
Borrower has requested that the Issuing Banks issue Letters of Credit to support certain obligations incurred by Holdings and its Restricted
Subsidiaries.

 

WHEREAS, the Lenders and
the Issuing Banks are willing to extend credit to the Borrower on the terms and subject to the conditions set forth herein.

 

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

 

Article I

 

DEFINITIONS

 

SECTION 1.01     Defined
Terms.

 

As used in this Agreement,
the following terms have the meanings specified below:

 

“2018 Amendment Effective
Date” means March 16, 2018.

 

“2018 Repricing Amendment”
means that certain Repricing Amendment dated as of the 2018 Amendment Effective Date among Holdings, the Borrowers, Parent, the Administrative
Agent and the Lenders party thereto.

 

“2019 Incremental
Term Loan” means the Incremental Term Loans made on the Amendment No. 2 Effective Date in accordance with Section 2.20.

 

“ABR” when
used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest
at a rate determined by reference to the Alternate Base Rate.

 

“Acceptable Discount”
has the meaning assigned to such term in Section 2.11(a)(ii)(D)(2).

 

“Acceptable Prepayment
Amount” has the meaning assigned to such term in Section 2.11(a)(ii)(D)(3).

 

“Acceptance and Prepayment
Notice” means an irrevocable written notice from a Term Lender accepting a Solicited Discounted Prepayment Offer to make a
Discounted Term Loan Prepayment at the Acceptable Discount specified therein pursuant to Section 2.11(a)(ii)(D) substantially
in the form of Exhibit M.

 

“Acceptance Date”
has the meaning specified in Section 2.11(a)(ii)(D)(2).

 

“Accepting Lenders”
has the meaning specified in Section 2.24(a).

 

“Acquired Companies”
has the meaning assigned to such term in the preliminary statements hereto.

 

    2

     

    

 

“Acquired EBITDA”
means, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary (any of the foregoing, a “Pro
Forma Entity”) for any period, the amount for such period of Consolidated EBITDA of such Pro Forma Entity (determined as if
references to Holdings, the Borrower and the Restricted Subsidiaries in the definition of “Consolidated EBITDA” were references
to such Pro Forma Entity and its subsidiaries that will become Restricted Subsidiaries), all as determined on a consolidated basis for
such Pro Forma Entity.

 

“Acquired Entity or
Business” has the meaning given to such term in the definition of “Consolidated EBITDA.”

 

“Acquisition”
means the acquisition pursuant to the terms of the Acquisition Agreement.

 

“Acquisition Agreement”
means that certain Agreement and Plan of Merger, dated as of April 10, 2017, by and among Parent, PubCo, Holdings, the Initial Borrowers,
the Company, Atkins Holdings LLC, a Georgia limited liability company, and Roark Capital Acquisition, LLC, a Georgia limited liability
company, solely in its capacity as the “Stockholders’ Representative”.

 

“Acquisition Documents”
means the Acquisition Agreement, all other agreements to be entered into between or among the Stockholders’ Representative or its
Affiliates and Holdings or its Affiliates in connection with the Acquisition and all schedules, exhibits and annexes to each of the foregoing
and all side letters, instruments and agreements affecting the terms of the foregoing or entered into in connection therewith.

 

“Acquisition Transaction”
means any acquisition by Holdings, the Borrower or any Restricted Subsidiary that (x) is not permitted by the terms of this Agreement
immediately prior to the consummation of such acquisition or (y) if permitted by the terms of this Agreement immediately prior to
the consummation of such acquisition, would not provide Holdings, the Borrower and the other Restricted Subsidiaries with adequate flexibility
under this Agreement for the continuation and/or expansion of their combined operations following such acquisition, as determined by
the Administrative Borrower acting in good faith.

 

“Additional Equity”
means the issuance by Parent (or its applicable parent company) or PubCo of additional common equity (or other equity on terms reasonably
satisfactory to the Joint Lead Arrangers) at the option of the Borrower.

 

“Additional Lender”
means any Additional Revolving Lender or any Additional Term Lender, as applicable.

 

“Additional Revolving
Lender” means, at any time, any bank, financial institution or other institutional lender or investor (other than any natural
person) that agrees to provide any portion of any (a) Incremental Revolving Commitment Increase or Additional/Replacement Revolving
Commitments pursuant to an Incremental Facility Amendment in accordance with Section 2.20 or (b) Credit Agreement Refinancing
Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.21; provided that each Additional Revolving
Lender shall be subject to the approval of the Administrative Agent (and, if such Additional Revolving Lender will provide an Incremental
Revolving Commitment Increase or any 

 

    3

     

    

 

Additional/Replacement Revolving Commitment, each Issuing Bank), in each case only if such consent
would be required under Section 9.04(b) for an assignment of Revolving Loans or Revolving Commitments, as applicable, to such
bank, financial institution or other institutional lender or investor (such approval in each case not to be unreasonably withheld, conditioned
or delayed), and the Administrative Borrower.

 

“Additional Term Lender”
means, at any time, any bank, financial institution or other institutional lender or investor (other than any natural person) that agrees
to provide any portion of any (a) Incremental Term Loans pursuant to an Incremental Facility Amendment in accordance with Section 2.20
or (b) Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.21; provided
that each Additional Term Lender shall be subject to the approval of the Administrative Borrower.

 

“Adjusted
Term SOFR” means, for purposes of any calculation,
the rate per annum equal to (a) Term
SOFR for such calculation, plus (b) solely in the case of the Initial Term Loans, the Applicable SOFR Adjustment; provided, that
if Adjusted Term SOFR shall ever be less than the Floor, then Adjusted Term SOFR shall
be deemed to be the
Floor.

 

“Additional/Replacement
Revolving Commitment” has the meaning assigned to such term in Section 2.20(a).

 

“Adjusted
LIBO Rate” means, with respect to any Eurodollar
Borrowing denominated in Dollars or an Alternative Currency for any Interest Period, an interest rate
per annum equal to (i) the LIBO Rate for such Interest Period multiplied
by (ii) the Statutory Reserve Rate; provided that, (x) with
respect to the Initial Term Loans only, the Adjusted LIBO Rate for any Interest Period shall not be less
than 1.00% per annum and (y) in no event shall the Adjusted LIBO Rate be less than 0%.

 

“Administrative Agent”
means Barclays Bank PLC, in its capacity as administrative agent hereunder and under the other Loan Documents, and its successors in
such capacity as provided in Article VIII.

 

“Administrative Agent’s
Office” means the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 9.01, or such
other address or account as the Administrative Agent may from time to time notify the Borrower and the Lenders.

 

“Administrative Borrower”
has the meaning assigned to such term in the preliminary statements hereto.

 

“Administrative Questionnaire”
means an administrative questionnaire in a form supplied by the Administrative Agent.

 

“Affected Class”
has the meaning specified in Section 2.24(a).

 

“Affected
Financial Institution” means (a) any EEA Financial Institution or (b) any UK Financial Institution.

 

    4

     

    

 

“Affiliate”
means, with respect to a specified Person, another Person that directly or indirectly Controls or is Controlled by or is under common
Control with the Person specified.

 

“Affiliated Debt Fund”
means any Affiliated Lender that is a bona fide debt fund or an investment vehicle that is engaged in, or advises funds or other investment
vehicles that are engaged in, the making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions
of credit in the ordinary course and whose managers have fiduciary duties to the third-party investors in such fund or investment vehicle
independent of their duties to PubCo.

 

“Affiliated Lender”
means, at any time, any Lender that is any Person (other than Holdings or any of its Subsidiaries) that is an affiliate of PubCo at such
time.

 

“Agent”
means any of the Administrative Agent, the Collateral Agent, each Joint Lead Arranger, each Co-Documentation Agent and any successors
and assigns of the foregoing in such capacity, and “Agents” means two or more of them.

 

“Agent Parties”
has the meaning given to such term in Section 9.01(c).

 

“Agreement”
has the meaning given to such term in the preliminary statements hereto.

 

“Agreement Currency”
has the meaning assigned to such term in Section 9.17.

 

“Alternate Base Rate”
means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds
Effective Rate in effect on such day plus 1⁄2 of 1.00% and (c) the Adjusted LIBOTerm
SOFR Rate for the applicable Loan on such day (or if such day is not a Business Day, the immediately preceding Business Day)
for a deposit in Dollars with a maturity of one month plus 1.00%; provided that, solely for purposes of the foregoing, the Adjusted
LIBOTerm
SOFR Rate for any day shall be calculated using the LIBOSOFR
Rate on such day at approximately 11:00 a.m. (New York City time) for a deposit in Dollars with a maturity of one month.
If the Administrative Agent shall have determined (which determination shall be conclusive absent manifest error) that it is unable to
ascertain the Federal Funds Effective Rate or the Adjusted LIBOTerm
SOFR Rate for any reason, including the inability or failure of
the Administrative Agent to obtain sufficient quotations in accordance with the terms of the definition
of Federal Funds Effective Rate, the Alternate Base Rate shall be determined without regard to clause (b) or (c),
as applicable, of the preceding sentence until the circumstances giving rise to such inability no longer exist. Any change in the Alternate
Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBOTerm
SOFR Rate shall be effective from and including the effective date of such change in the Prime Rate, the Federal Funds Effective
Rate or the Adjusted LIBOTerm
SOFR Rate, respectively.  Notwithstanding the foregoing, with respect to the Initial Term Loans only, the Alternate Base
Rate will be deemed to be 2.001.50%
per annum if the Alternate Base Rate calculated pursuant to the foregoing provisions would otherwise be less than 2.001.50%
per annum.

 

“Alternative Currency”
means any currency (other than Dollars) that is requested by the Administrative Borrower and approved in accordance with Section 1.07.

 

    5

     

    

 

“Alternative Currency
Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable
Alternative Currency as determined by the Administrative Agent or the relevant Issuing Bank, as the case may be, at such time on the
basis of the Spot Rate (determined in respect of the most recent Revaluation Date or other applicable date of determination) for the
purchase of such Alternative Currency with Dollars.

 

“Amendment No. 2”
shall mean Amendment No. 2 (Incremental Facility Amendment), dated as of November 7, 2019, among the Borrowers, Holdings, Parent,
the other Loan Parties party thereto, the Administrative Agent and the Additional Term Lenders party thereto.

 

“Amendment No. 2
Effective Date” shall mean the date on which the 2019 Incremental Term Loans are funded in accordance with Amendment No. 2
pursuant to Section 3 thereof.

 

“Amendment
No. 4 Effective Date” means January 21, 2022.

 

“ANH” has
the meaning given to such term in the preliminary statements hereto.

 

“ANHII”
has the meaning given to such term in the preliminary statements hereto.

 

“Applicable Account”
means, with respect to any payment to be made to the Administrative Agent hereunder, the account specified by the Administrative Agent
from time to time for the purpose of receiving payments of such type.

 

“Applicable Discount”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(2).

 

“Applicable Fronting
Exposure” means, with respect to any Person that is an Issuing Bank at any time, the sum of (a) the aggregate amount of
all Letters of Credit issued by such Person in its capacity as an Issuing Bank (if applicable) that remains available for drawing at
such time and (b) the aggregate amount of all LC Disbursements made by such Person in its capacity as an Issuing Bank (if applicable)
that have not yet been reimbursed by or on behalf of the Borrower at such time.

 

“Applicable Percentage”
means, at any time with respect to any Revolving Lender, the percentage of the aggregate Revolving Commitments represented by such Lender’s
Revolving Commitment at such time (or, if the Revolving Commitments have terminated or expired, such Lender’s share of the total
Revolving Exposure at that time); provided that, with respect to Letters of Credit, LC Disbursements and LC Exposure, “Applicable
Percentage” shall mean the percentage of the aggregate Revolving Commitments represented by such Lender’s Revolving Commitment
at such time (or, if the Revolving Commitments have terminated or expired, such Lender’s share of the total Revolving Exposure
at that time); provided further that, at any time any Revolving Lender shall be a Defaulting Lender, “Applicable Percentage”
shall mean the percentage of the total Revolving Commitments (disregarding any such Defaulting Lender’s Revolving Commitment) represented
by such Lender’s Revolving Commitment. If the Revolving Commitments have terminated or expired, the Applicable Percentages shall
be determined based upon the Revolving Commitments most recently in effect, giving effect to any assignments 

 

    6

     

    

 

pursuant to this Agreement
and to any Lender’s status as a Defaulting Lender at the time of determination.

 

“Applicable Rate”
means, for any day, (a)  with respect to any Revolving Loan that is an ABR Loan or EurodollarSOFR
Loan, the applicable rate per annum set forth below under the heading “Revolving Loans” and caption “ABR
Spread” or “Adjusted LIBOTerm
SOFR Rate Spread” as the case may be, based upon the Senior Secured First Lien Net Leverage Ratio as of the end of the
fiscal quarter of Holdings for which consolidated financial statements have theretofore been most recently delivered pursuant to Section 5.01(a) or
5.01(b); provided that, for purposes of this clause (a),
until the date of the delivery of the consolidated financial statements pursuant to Section 5.01(b) as of and for the fiscal
quarter ended on or about November 30, 2017, the Applicable Rate shall be based on the Senior Secured First Lien Net Leverage Ratio
as of the Effective Date, and (b) (i) prior to the Amendment No. 2 Effective Date, and
(b) with respect to any Initial Term Loan that is an ABR Loan, 2.502.25%
per annum, and with respect to any Initial Term Loan that is a Eurodollar Loan, 3.50% per annum, and
(ii) on and after the Amendment No. 2 Effective Date, with respect to any
Initial Term Loan that is an ABR Loan, 2.75% per annum, and with respect
to any Initial Term Loan that is a Eurodollar Loan, 3.75SOFR
Loan, 3.25% per annum:

 

	Revolving Loans
	Senior Secured First Lien 
 Net Leverage Ratio:	 	ABR Spread	 	 	Adjusted
    LIBOTerm
    SOFR 

    Rate 
 Spread	 
	Category 1
 Greater than 3.00 to 1.00	 	 	2.50	%	 	 	3.50	%
	Category 2
 Less than or equal to 3.00 to 1.00 and greater
    than 2.50 to 1.00	 	 	2.25	%	 	 	3.25	%
	Category 3
 Less than or equal to 2.50 to 1.00	 	 	2.00	%	 	 	3.00	%

 

For purposes of the foregoing,
each change in the Applicable Rate resulting from a change in the Senior Secured First Lien Net Leverage Ratio shall be effective during
the period commencing on and including the Business Day following the date of delivery to the Administrative Agent pursuant to Section 5.01(a) or
5.01(b) of the consolidated financial statements and related Compliance Certificate indicating such change and ending on the date
immediately preceding the effective date of the next such change. Notwithstanding the foregoing, the Applicable Rate shall be based on
the rates per annum set forth in Category 1 if the Administrative Borrower fails to deliver the consolidated financial statements
required to be delivered pursuant to Section 5.01(a) or 5.01(b) or any Compliance Certificate required to be delivered
pursuant hereto, in each case within the time periods specified herein for such delivery, during the period commencing on and including
the day of the occurrence of a Default resulting from such failure and until the delivery thereof.

 

“Applicable
SOFR Adjustment” means, for any calculation with respect to a SOFR Loan that is an Initial Term Loan, the percentage per annum
set forth below for the corresponding Interest Period:

 

    7

     

    

 

	Interest Period	 	Percentage	 
	Up to 1-month	 	 	0.10	%
	Greater than 1-month and up to 3-month	 	 	0.15	%
	Greater than 3-month and up to 6-month	 	 	0.25	%

 

“Approved Bank”
has the meaning assigned to such term in the definition of the term “Permitted Investments.”

 

“Approved Foreign
Bank” has the meaning assigned to such term in the definition of “Permitted Investments.”

 

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

 

“Assignment and Assumption”
means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any Person whose consent is
required by Section 9.04(b)), substantially in the form of Exhibit A or any other form reasonably approved by the Administrative
Agent.

 

“ATK Material Adverse
Effect” means a “Material Adverse Effect” as defined in the Acquisition Agreement.

 

“Auction Agent”
means (a) the Administrative Agent or (b) any other financial institution or advisor employed by the Administrative Borrower
(whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Discounted Term Loan Prepayment
pursuant to Section 2.11(a)(ii)(A); provided that the Administrative Borrower shall not designate the Administrative Agent
as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall
be under no obligation to agree to act as the Auction Agent).

 

“Audited Financial
Statements” means the audited consolidated balance sheet of the Acquired Companies and their subsidiaries as of and for the
fiscal years ended August 29, 2015 and August 27, 2016 and related audited statement of operations and cash flows for each
of the 52 weeks ended August 27, 2016, December 27, 2014 and December 28, 2013, and for the 35 weeks ended August 29,
2015.

 

    8

     

    

 

“Available Amount”
means, as of any date of determination, a cumulative amount equal to (without duplication):

 

(a)            the
greater of (i) $30,000,000 and (ii) 47.5% of Consolidated EBITDA, calculated on a Pro Forma Basis, for the most recent four
fiscal quarter period for which financial statements are available prior to such date of determination, plus

 

(b)            the
greater of (i) the sum of an amount (which amount shall not be less than zero) equal to 50% of Consolidated Net Income of Holdings
and its Restricted Subsidiaries for the period (treated as one accounting period) from May 27, 2017 to the end of the most recently
ended Test Period as of such date and (ii) an amount equal to the Cumulative Retained Excess Cash Flow Amount, plus

 

(c)            to
the extent not included in Consolidated Net Income, returns, profits, distributions and similar amounts received in cash or Permitted
Investments by Holdings and its Restricted Subsidiaries on Investments made using the Available Amount and cash received from the sale
of Investments made using the Available Amount or pursuant to Section 6.04(o) or (cc), plus

 

(d)            Investments
of Holdings, the Borrower or any of the Restricted Subsidiaries in any Unrestricted Subsidiary, non-Subsidiary joint venture or minority
investment made using the Available Amount that has been re-designated as a Restricted Subsidiary or that has been merged, amalgamated
or consolidated with or into Holdings, the Borrower or any Restricted Subsidiary, or the assets of which has been transferred to a Loan
Party or any of its Restricted Subsidiaries (up to the fair market value determined in good faith by the Administrative Borrower of the
Investments of Holdings, the Borrower and the Restricted Subsidiaries in such Unrestricted Subsidiary, non-Subsidiary joint venture or
minority investment at the time of such re-designation or merger or consolidation), plus

 

(e)           to
the extent not included in Consolidated Net Income, the Net Proceeds of a sale or other Disposition of any Unrestricted Subsidiary (including
the issuance of stock of an Unrestricted Subsidiary), non-Subsidiary joint venture or minority investment received by Holdings, the Borrower
or any Restricted Subsidiary (or the fair market value of the assets thereof that have been transferred to Holdings, the Borrower or
any Restricted Subsidiary), plus

 

(f)           to
the extent not included in Consolidated Net Income, dividends, profits, or other distributions, returns on capital or similar amounts
received by Holdings, the Borrower or any Restricted Subsidiary from an Unrestricted Subsidiary, non-Subsidiary joint venture or minority
investment (or from the sale of the assets thereof), plus

 

(g)             to
the extent not included in Consolidated Net Income, the aggregate proceeds and the fair market value (as reasonably determined by the
Administrative Borrower) of marketable securities or other property received by Holdings, the Borrower or a Restricted Subsidiary since
the Effective Date from any Person other than the Borrower or a Restricted Subsidiary, plus

 

    9

     

    

 

(h)            the
aggregate amount of any Retained Declined Proceeds and Retained Asset Sale Proceeds since the Effective Date as contemplated by Section 2.11(e) and
Section 6.076.07‎(b).

 

“Available Equity
Amount” means a cumulative amount equal to (without duplication):

 

(a)            the
Net Proceeds of new public or private issuances of Qualified Equity Interests (excluding Qualified Equity Interests the proceeds of which
will be applied as Cure Amounts) in Holdings or any parent of Holdings which are contributed to Holdings or the Borrower, plus

 

(b)            capital
contributions received by Holdings or the Borrower after the Effective Date in cash or Permitted Investments (other than in respect of
any Disqualified Equity Interest), plus

 

(c)            the
net cash proceeds received by Holdings, the Borrower or any Restricted Subsidiary from Indebtedness and Disqualified Equity Interest
issuances after the Effective Date and which have been exchanged or converted into Qualified Equity Interests after the Effective Date,
plus

 

(d)         returns,
profits, distributions and similar amounts received in cash or Permitted Investments by Holdings, the Borrower or any Restricted Subsidiary
on Investments made using the Available Equity Amount.

 

“Available
Tenor” means, as of any date of determination and with respect to the then-current Benchmark, as applicable, (a) if the then-current
Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an
interest period pursuant to this Agreement or (y) otherwise, any payment period for interest calculated with reference to such Benchmark
(or component thereof) that is or may be used for determining any frequency of making payments of interest calculated with reference
to such Benchmark pursuant to this Agreement, in each case, as of such date and not including, for the avoidance of doubt, any tenor
for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to Section 2.14(b)(iv).

 

“Bail-In Action”
means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution
Authority in respect of any liability of an EEA Financial Institution.

 

“Bail-In Legislation”
means, (a) with
respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law,
regulation rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation
Schedule. and
(b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any
other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment
firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings).

 

    10

     

    

 

“Bankruptcy Code”
means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors.

 

“Base
Rate Term SOFR Determination Day” has the meaning specified in the definition of “Term SOFR”.

 

“Basel III”
means: (A) the agreements on capital requirements, a leverage ratio and liquidity standards contained in “Basel III: A global
regulatory framework for more resilient banks and banking systems”, “Basel III: International framework for liquidity risk
measurement, standards and monitoring” and “Guidance for national authorities operating the countercyclical capital buffer”
published by the Basel Committee on Banking Supervision in December 2010, each as amended, supplemented or restated; and (B) the
rules for global systemically important banks contained in “Global systemically important banks: assessment methodology and
the additional loss absorbency requirement – Rules text” published by the Basel Committee on Banking Supervision in
November 2011 as amended, supplemented or restated; and (C) any further guidance or standards published by the Basel Committee
on Banking Supervision relating to “Basel III”.

 

“Benchmark”
means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR
Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that
such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.14(b)(i).

 

“Benchmark
Replacement”
means, with respect to any Benchmark
Transition Event, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable
Benchmark Replacement Date:

 

(a)            the
sum of (i) Daily Simple SOFR and (ii) 0.15%; or

 

(b)            the
sum of (i) the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower giving due consideration
to (A) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant
Governmental Body or (B) any evolving or then-prevailing market convention for determining a benchmark rate as a replacement to
the then-current Benchmark for Dollar-denominated syndicated credit facilities and (ii) the related Benchmark Replacement Adjustment;

 

provided
that, if the Benchmark Replacement as determined pursuant to clause (a) or (b) above would be less than the Floor, such Benchmark
Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.

 

“Benchmark
Replacement Adjustment” means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement
for any applicable Available Tenor, the spread adjustment, or method for calculating or determining such spread adjustment, (which may
be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower giving due consideration
to (a) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread 

 

    11

     

    

 

adjustment,
for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body or
(b) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or
determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for
Dollar-denominated syndicated credit facilities.

 

“Benchmark
Replacement Conforming Changes” means, with respect to either the use or administration of Term SOFR or the use, administration,
adoption or implementation of any Benchmark Replacement, any technical, administrative or operational changes (including changes to the
definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period”
or any similar or analogous definition (or the addition of a concept of “interest period”), the definition of “U.S.
Government Securities Business Day,” timing and frequency of determining rates and making payments of interest, timing of borrowing
requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage
provisions, and other technical, administrative or operational matters) that the Administrative Agent decides with the consent of the
Administrative Borrower) may be appropriate to reflect the adoption and implementation of any such rate or to permit the use and administration
thereof by the Administrative Agent in a manner substantially consistent with market practice (or,
if the Administrative Agent decides
that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that
no market practice for the administration of any such rate exists, in such other manner of administration as the Administrative Agent
and the Administrative Borrower decide is reasonably necessary in connection with the administration of this Agreement and the other
Loan Documents); provided that, notwithstanding anything herein to the contrary, no “Conforming Changes” shall result in
any material effect on the timing or amount of payments or borrowings.

 

“Benchmark
Replacement Date” means the earliest to occur of the following events with respect to the then-current Benchmark:

 

(a)            in
the case of clause (a) or (b) of the definition of “Benchmark Transition Event”, the later of (i) the date
of the public statement or publication of information referenced therein and (ii) the date on which the administrator of such Benchmark
(or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such
Benchmark (or such component thereof); or

 

(b)            in
the case of clause (c) of the definition of “Benchmark Transition Event,” the first date on which such Benchmark (or
the published component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator
of such Benchmark (or such component thereof) to be non-representative; provided that such non-representativeness will be determined
by reference to the most recent statement or publication referenced in such clause (c) and even if any Available Tenor of such Benchmark
(or such component thereof) continues to be provided on such date.

 

For
the avoidance of doubt, the “Benchmark Replacement Date” will be deemed to have occurred in the case of clause (a) or
(b) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current
Available Tenors of such Benchmark (or the published component used in the calculation thereof).

 

    12

     

    

 

“Benchmark
Transition Event” means the occurrence of one or more of the following events with respect to the then-current Benchmark:

 

(a)            a
public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used
in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark
(or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor
administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);

 

(b)            a
public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof), the Federal Reserve Board, the Federal Reserve Bank of New York, an insolvency official with
jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator
for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator
for such Benchmark (or such component), which states that the administrator of such Benchmark (or such component) has ceased or will
cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, provided that, at the
time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such
Benchmark (or such component thereof); or

 

(c)            a
public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no
longer, or as of a specified future date will no longer be, representative.

 

For
the avoidance of doubt, a “Benchmark Transition Event” will be deemed to have occurred with respect to any Benchmark if a
public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such
Benchmark (or the published component used in the calculation thereof).

 

“Benchmark
Transition Start Date” means, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement
Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the
90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date
of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

 

“Benchmark
Unavailability Period” means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred
if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document
in accordance with Section 2.14(b) and (b) ending at the time that a Benchmark Replacement has replaced the then-current
Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14(b).

 

    13

     

    

 

“BHC
Act Affiliate” of a party means an “affiliate” (as interpreted in accordance with, 12 U.S.C. 1842 (k)) of such party.

 

“Board of Directors”
means, with respect to any Person, (a) in the case of any corporation, the board of directors of such Person or any committee thereof
duly authorized to act on behalf of such board, (b) in the case of any limited liability company, the board of managers, board of
directors, manager or managing member of such Person or the functional equivalent of the foregoing or any committee thereof duly authorized
to act on behalf of such board, manager or managing member, (c) in the case of any partnership, the board of directors or board
of managers of the general partner of such Person and (d) in any other case, the functional equivalent of the foregoing.

 

“Board of Governors”
means the Board of Governors of the Federal Reserve System of the United States of America.

 

“Borrower”
has the meaning assigned to such term in the preliminary statements hereto.

 

“Borrower Materials”
has the meaning assigned to such term in Section 5.01.

 

“Borrower Offer of
Specified Discount Prepayment” means the offer by the Borrower to make a voluntary prepayment of Term Loans at a Specified
Discount to par pursuant to Section 2.11(a)(ii)(B).

 

“Borrower Solicitation
of Discount Range Prepayment Offers” means the solicitation by the Borrower of offers for, and the corresponding acceptance
by a Term Lender of, a voluntary prepayment of Term Loans at a specified range at a discount to par pursuant to Section 2.11(a)(ii)(C).

 

“Borrower Solicitation
of Discounted Prepayment Offers” means the solicitation by the Borrower of offers for, and the subsequent acceptance, if any,
by a Term Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.11(a)(ii)(D).

 

“Borrowing”
means Loans of the same Class, Type and currency, made, converted or continued on the same date and, in the case of EurodollarSOFR
Loans, as to which a single Interest Period is in effect.

 

“Borrowing Minimum”
means (i) in the case of a EurodollarSOFR
Revolving Borrowing, the lesser of $500,000 and the remaining Commitments of the applicable Class and (ii) in the
case of an ABR Revolving Borrowing, the lesser of $250,000 and the remaining Commitments of the applicable Class.

 

“Borrowing Multiple”
means (i) in the case of a EurodollarSOFR
Revolving Borrowing, $500,000 and (ii) in the case of an ABR Revolving Borrowing, $250,000.

 

“Borrowing Request”
means a request by the Administrative Borrower for a Borrowing in accordance with Section 2.03.

 

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“Business Day”
means (i) subject to clause (ii) below, any day that is not a Saturday, Sunday or other day on which commercial banks in New
York City are authorized or required by Requirements of Law to remain closed and (ii) with respect to all notices and determinations
in connection with, and payments of principal and interest on or with respect to, Loans denominated in any other Alternative Currency,
any day that is a Business Day described in clause (i) and that is also a day which is not a legal holiday or a day on which banking
institutions are authorized or required by Requirements of Law or other government action to remain closed in the country of issuance
of the applicable currency.

 

“Capital Lease Obligations”
of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the
right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for
as capital leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof
determined in accordance with GAAP; provided that all obligations of any Person that are or would be characterized as an operating
lease as determined in accordance with GAAP as in effect on the Effective Date (whether or not such operating lease was in effect on
such date) shall continue to be accounted for as an operating lease (and not as a Capitalized Lease) for purposes of this Agreement regardless
of any change in GAAP following the Effective Date that would otherwise require such obligation to be recharacterized as a Capital Lease
Obligation, to the extent that financial reporting shall not be affected hereby or thereby. For purposes of Section 6.02, a Capital
Lease Obligation shall be deemed to be secured by a Lien on the property being leased and such property shall be deemed to be owned by
the lessee.

 

“Capitalized Leases”
means all leases that have been or should be, in accordance with GAAP as in effect on the Effective Date, recorded as capitalized leases;
provided that for all purposes hereunder the amount of obligations under any Capitalized Lease shall be the amount thereof accounted
for as a liability in accordance with GAAP; provided further that all obligations of any Person that are or would be characterized
as an operating lease as determined in accordance with GAAP as in effect on the Effective Date (whether or not such operating lease was
in effect on such date) shall continue to be accounted for as an operating lease (and not as a Capitalized Lease) for purposes of this
Agreement regardless of any change in GAAP following the Effective Date that would otherwise require such obligation to be recharacterized
as a Capital Lease.

 

“Capitalized Software
Expenditures” means, for any period, the aggregate of all expenditures (whether paid in cash or accrued as liabilities) by
Holdings and its Restricted Subsidiaries during such period in respect of purchased software or internally developed software and software
enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet
of Holdings and its Restricted Subsidiaries.

 

“Cash Management Obligations”
means (a) obligations of Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary in respect of any overdraft
and related liabilities arising from treasury, depository, cash pooling arrangements and cash management services or any automated clearing
house transfers of funds and (b) other obligations in respect of netting services, employee credit or purchase card programs and
similar arrangements.

 

    15

     

    

 

“Cash Management Services”
has the meaning assigned to such term in the definition of “Secured Cash Management Obligations.”

 

“Casualty Event”
means any event that gives rise to the receipt by Holdings, the Borrower or any Subsidiary of any insurance proceeds or condemnation awards
in an amount in excess of $10,000,000 in respect of any equipment, fixed assets or real property (including any improvements thereon)
to replace or repair such equipment, fixed assets or real property.

 

“CFC” means
a “controlled foreign corporation” within the meaning of Sections 956 and 957 of the Code.

 

“Change in Control”
means (a) the failure of Holdings directly or indirectly through wholly owned subsidiaries, to own all of the Equity Interests of
the Administrative Borrower, (b) the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person
or group, other than the Permitted Holders (directly or indirectly, including through one or more holding companies), of Equity Interests
representing more than 50% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests in PubCo,
unless the Permitted Holders (directly or indirectly, including through one of more holding companies) otherwise have the right (pursuant
to contract, proxy or otherwise), directly or indirectly, to designate, nominate or appoint a majority of the Board of Directors of PubCo
or (c) the occurrence of a “Change of Control” (or similar event, however denominated), as defined in the documentation
governing any Incremental Equivalent Debt, Junior Financing or other unsecured Indebtedness, in each case, that is Material Indebtedness.

 

For purposes of this definition,
(i) “beneficial ownership” shall be as defined in Rules 13(d)-3 and 13(d)-5 under the Exchange Act, (ii) the
phrase Person or “group” is within the meaning of Section 13(d) or 14(d) of the Exchange Act, but excluding
any employee benefit plan of such Person or “group” and its subsidiaries and any Person acting in its capacity as trustee,
agent or other fiduciary or administrator of any such plan, and (iii) if any Person or “group” includes one or more Permitted
Holders, the issued and outstanding Equity Interests of PubCo, Holdings or the Borrower, as applicable, directly or indirectly owned by
the Permitted Holders that are part of such Person or “group” shall not be treated as being owned by such Person or “group”
for purposes of determining whether clause (b) of this definition is triggered.

 

“Change in Law”
means: (a) the adoption of any rule, regulation, treaty or other law after the date of this Agreement, (b) any change in any
rule, regulation, treaty or other law or in the administration, interpretation or application thereof by any Governmental Authority after
the date of this Agreement or (c) the making or issuance of any request, guideline or directive (whether or not having the force
of law) of any Governmental Authority made or issued after the date of this Agreement; provided, that notwithstanding anything
herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all rules, regulations, guidelines
or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the
Bank of International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by the United
States, Canada, the European Union, United Kingdom or other foreign regulatory authorities, in each case pursuant to Basel III, shall,
in each case, be deemed to be a “Change in Law,” to the extent enacted, adopted, promulgated or issued after the date of this
Agreement, but only to the extent such rules, 

 

    16

     

    

 

regulations, or published interpretations or directives are applied to Holdings and its
Subsidiaries by the Administrative Agent or any Lender in substantially the same manner as applied to other similarly situated borrowers
under comparable syndicated credit facilities, including, without limitation, for purposes of Section 2.15.

 

“Class” when
used in reference to (a) any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving
Loans, Swing Line Loans, Other Revolving Loans, Term Loans, Incremental Term Loans or Other Term Loans, (b) any Commitment,
refers to whether such Commitment is a Revolving Commitment, Additional/Replacement Revolving Commitment, Other Revolving Commitment,
Term Commitment or Other Term Commitment and (c) any Lender, refers to whether such Lender has a Loan or Commitment with respect
to a particular Class of Loans or Commitments. Other Term Commitments, Other Term Loans, Other Revolving Commitments (and the Other
Revolving Loans made pursuant thereto), Additional/Replacement Revolving Commitments and Incremental Term Loans that have different terms
and conditions shall be construed to be in different Classes.

 

“Co-Documentation Agents”
means Bank of Montreal and SunTrust Bank, each in their capacity as documentation agent, and any permitted successors and assigns of the
foregoing.

 

“Code” means
the Internal Revenue Code of 1986, as amended from time to time.

 

“Collateral”
means any and all assets, whether real or personal, tangible or intangible, on which Liens are purported to be granted pursuant to the
Security Documents as security for the Secured Obligations.

 

“Collateral Agent”
has the meaning given to such term in Section 8.01(b) and its successors in such capacity as provided in Article VIII.

 

“Collateral Agreement”
means the Collateral Agreement among the Loan Parties party thereto and the Collateral Agent, substantially in the form of Exhibit D.

 

“Collateral and Guarantee
Requirement” means, at any time, the requirement that:

 

(a)             the
Administrative Agent shall have received from (i) Holdings, any Intermediate Parent, the Administrative Borrower and each of the
Restricted Subsidiaries (other than any Excluded Subsidiary) either (x) a counterpart of the Guarantee Agreement duly executed and
delivered on behalf of such Person or (y) in the case of any Person that becomes a Loan Party after the Effective Date (including
by ceasing to be an Excluded Subsidiary), a supplement to the Guarantee Agreement, in substantially the form specified therein, duly executed
and delivered on behalf of such Person and (ii) Holdings, any Intermediate Parent, the Administrative Borrower and each Subsidiary
Loan Party either (x) a counterpart of each applicable Security Document duly executed and delivered on behalf of such Person or
(y) in the case of any Person that becomes a Subsidiary Loan Party after the Effective Date (including by ceasing to be an Excluded
Subsidiary), either (A) to the extent applicable, a supplement to each applicable Security Document, substantially the form specified
therein, duly executed and delivered on behalf of such Person or (B) a Security Document, in each case under this clause (a) together
with, in the case of any such Loan Documents executed and delivered after the Effective Date, to the extent reasonably 

 

    17

     

    

 

requested by the
Administrative Agent, documents of the type referred to in Section 4.01(d) within the time periods set forth in Sections 5.11
and 5.12;

 

(b)            all
outstanding Equity Interests of the Administrative Borrower, any Intermediate Parent and each Restricted Subsidiary (other than any Equity
Interests constituting Excluded Assets) owned by or on behalf of any Loan Party, shall have been pledged, charged or otherwise made subject
to security pursuant to the applicable Security Document, and the Administrative Agent shall have received certificates, if any, representing
all such Equity Interests to the extent constituting “certificated securities”, together with all certificates, documents
of title and other documentary evidence of ownership and undated stock powers or other instruments of transfer with respect thereto endorsed
in blank, in each case, to the extent required to perfect the security interest therein in the jurisdiction of the issuer;

 

(c)             if
any Indebtedness for borrowed money of Holdings, any Intermediate Parent, the Administrative Borrower or any Restricted Subsidiary in
a principal amount of $10,000,000 or more is owing by such obligor to any Loan Party and such Indebtedness shall be evidenced by a promissory
note, such promissory note shall be pledged or otherwise secured pursuant to the applicable Security Document, and the Administrative
Agent shall have received all such promissory notes, together with undated instruments of transfer with respect thereto endorsed in blank;
provided, however, that the foregoing delivery requirement with respect to any intercompany indebtedness may be satisfied by delivery
of an omnibus or global intercompany note executed by all Loan Parties as payees and all such obligors as payors;

 

(d)            all
certificates, agreements, documents and instruments, including Uniform Commercial Code financing statements and Intellectual Property
Security Agreements with respect to any Trademarks, Patents and Copyrights that are registered, issued or applied-for in the United States
and that constitute Collateral, for the filing with the United States Patent or Trademark Office and the United States Copyright Office
to the extent required by this Agreement, the Security Documents, Requirements of Law and as reasonably requested by the Administrative
Agent to be filed, delivered, registered or recorded to create the Liens intended to be created by the Security Documents and perfect
such Liens to the extent required by, and with the priority required by, this Agreement, the Security Documents and the other provisions
of the term “Collateral and Guarantee Requirement,” shall have been filed, registered or recorded or delivered to the Administrative
Agent for filing, registration or recording; and

 

(e)             the
Administrative Agent shall have received (i) counterparts of a Mortgage with respect to each Material Real Property duly executed
and delivered by the record owner of such Mortgaged Property (if the Mortgaged Property is in a jurisdiction that imposes a mortgage recording
or similar tax is imposed on the amount secured by such Mortgage, then the amount secured by such Mortgage shall be limited to the fair
market value of such Mortgaged Property, as reasonably determined by Holdings), (ii) a policy or policies of title insurance (or
marked unconditional commitment to issue such policy or policies) issued by a nationally recognized title insurance company insuring the
Lien of each such Mortgage as a first priority Lien on the Mortgaged Property described therein,

 

    18

     

    

 

free of any other
Liens except as expressly permitted by Section 6.02, together with such endorsements (other than a creditor’s rights endorsement)
as the Administrative Agent may reasonably request to the extent available in the applicable jurisdiction at commercially reasonable
rates (it being agreed that the Administrative Agent shall accept zoning reports from a nationally recognized zoning company in lieu
of zoning endorsements to such title insurance policies), in an amount equal to the fair market value of such Mortgaged Property or as
otherwise reasonably agreed by the parties; provided that in no event will the Borrower be required to obtain independent appraisals
of such Mortgaged Properties, unless required by FIRREA, (iii) a completed “Life-of-Loan” Federal Emergency Management
Agency standard flood hazard determination with respect to each Mortgaged Property, and if any Mortgaged Property is located in an area
determined by the Federal Emergency Management Agency (or any successor agency) to be located in special flood hazard area, a duly executed
notice about special flood hazard area status and flood disaster assistance and evidence of such flood insurance as provided in Section 5.07(b),
(iv) in each case if reasonably requested by the Administrative Agent, a customary legal opinion with respect to each such Mortgage,
from counsel qualified to opine in each jurisdiction (A) where a Mortgaged Property is located regarding the enforceability of the
Mortgage and (B) where the applicable Loan Party granting the Mortgage on said Mortgaged Property is organized or incorporated,
regarding the due authorization, execution and delivery of such Mortgage, and in each case, such other customary matters as may be in
form and substance reasonably satisfactory to the Administrative Agent, (v) a survey or existing survey together with a no change
affidavit of such Mortgaged Property, in compliance with the 2011 Minimum Standard Detail Requirements for ALTA/ACSM Land Title Surveys
and otherwise reasonably satisfactory to the Administrative Agent, and (vi) evidence of payment of title insurance premiums and
expenses and all recording, mortgage, transfer and stamp taxes and fees payable in connection with recording the Mortgage, any amendments
thereto and any fixture filings in appropriate county land office(s).

 

Notwithstanding the foregoing
provisions of this definition or anything in this Agreement or any other Loan Document to the contrary, (a) the foregoing provisions
of this definition shall not require the creation or perfection of pledges of or security interests in, or the obtaining of title insurance,
legal opinions or other deliverables with respect to, particular assets of the Loan Parties, or the provision of Guarantees by any Subsidiary,
if, and for so long as the Administrative Agent and the Administrative Borrower reasonably agree in writing that the cost, burden, difficulty
or consequence of creating or perfecting such pledges or security interests in such assets, or obtaining such title insurance, legal opinions
or other deliverables in respect of such assets, or providing such Guarantees (taking into account any adverse tax consequences to Holdings
and its Affiliates (other than a de minimis tax consequence but including the imposition of withholding or other material taxes)), is
excessive in relation to the benefits to be obtained by the Lenders therefrom; (b) Liens required to be granted from time to time
pursuant to the term “Collateral and Guarantee Requirement” shall be subject to exceptions and limitations set forth in this
Agreement and the Security Documents; (c) in no event shall control agreements or other control or similar arrangements be required
with respect to cash, Permitted Investments, other deposit accounts, securities and commodities accounts (including securities entitlements
and related assets), letter of credit rights or other assets requiring perfection by control (but not, for avoidance of doubt, possession);
(d) in no event shall any Loan Party be required to complete any filings or other 

 

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action with respect to the perfection of security
interests in any jurisdiction outside of the United States, and no actions outside the United States or required by the laws of any jurisdiction
outside the United States shall be required to be taken to create any security interests in assets located or titled outside of the United
States, or in any Intellectual Property governed by, arising, existing, registered or applied-for under the laws of any jurisdiction other
than the United States, or to perfect or make enforceable any security interests in any such assets (it being understood that all security
interests granted by a Loan Party (other than Mortgages) shall be governed by the law of the state of New York); (e) in no event
shall any Loan Party be required to complete any filings or other action with respect to perfection of security interests in assets subject
to certificates of title beyond the filing of UCC financing statements; (f) other than the filing of UCC financing statements, no
perfection shall be required with respect to promissory notes evidencing debt for borrowed money in a principal amount of less than $10,000,000;
(g) in no event shall any Loan Party be required to complete any filings or other action (including entering into any source code
escrow arrangements or seeking registration of any Copyrights) with respect to security interests in Intellectual Property beyond the
filing of Intellectual Property Security Agreements with the United States Patent and Trademark Office and the United States Copyright
Office; (h) in no event shall environmental reports be required to be delivered to the Administrative Agent or the Lenders; (i) no
actions shall be required to perfect a security interest in letter of credit rights (other than the filing of UCC financing statements);
and (j) in no event shall the Collateral include any Excluded Assets. The Administrative Agent may grant extensions of time for the
creation and perfection of security interests in or the obtaining of title insurance, legal opinions or other deliverables with respect
to particular assets or the provision of any Guarantee by any Subsidiary (including extensions beyond the Effective Date or in connection
with assets acquired, or Subsidiaries formed or acquired, after the Effective Date) and any other obligations under this definition where
it determines that such action cannot be accomplished without undue effort or expense by the time or times at which it would otherwise
be required to be accomplished by this Agreement (including as set forth on Schedule 5.14) or the Security Documents.

 

“Commitment”
means with respect to any Lender, its Revolving Commitment, Other Revolving Commitment of any Class, Term Commitment, Other Term Commitment
of any Class or any combination thereof (as the context requires).

 

“Commitment Fee Percentage”
means, for any day, the applicable percentage set forth below under the caption “Commitment Fee Percentage” based upon the
Senior Secured First Lien Net Leverage Ratio as of the end of the fiscal quarter of Holdings for which consolidated financial statements
have theretofore been most recently delivered pursuant to Section 5.01(a) or 5.01(b); provided that, until the date of
the delivery of the consolidated financial statements pursuant to Section 5.01(b) as of and for the fiscal quarter ended on
or about November 30, 2017, the Commitment Fee Percentage shall be based on the Senior Secured First Lien Net Leverage Ratio set
forth in Category 3:

 

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	Senior Secured First Lien Net 

Leverage Ratio	 	Commitment Fee

Percentage	 
	
    Category 1

     

    Greater than 3.00 to 1.00
	 	 	0.50	%
	
    Category 2

     

    Less than or equal to 3.00 to 1.00 but greater
    than 2.50 to 1.00
	 	 	0.375	%
	
    Category 3

     

    Less than or equal to 2.50 to 1.00
	 	 	0.250	%

 

For purposes of the foregoing,
each change in the Commitment Fee Percentage resulting from a change in the Senior Secured First Lien Net Leverage Ratio shall be effective
during the period commencing on and including the Business Day following the date of delivery to the Administrative Agent pursuant to
Section 5.01(a) or 5.01(b) of the consolidated financial statements and related Compliance Certificate indicating such
change and ending on the date immediately preceding the effective date of the next such change. Notwithstanding the foregoing, the Commitment
Fee Percentage shall be based on the rates per annum set forth in Category 1 if the Borrower fails to deliver the consolidated financial
statements required to be delivered pursuant to Section 5.01(a) or 5.01(b) or any Compliance Certificate required to be
delivered pursuant hereto, in each case within the time periods specified herein for such delivery, during the period commencing on and
including the day of the occurrence of a Default resulting from such failure and until the delivery thereof.

 

“Commitment Letter”
means the commitment letter, dated as of April 10, 2017, among the Borrower and the Joint Lead Arrangers.

 

“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.

 

“Company”
has the meaning given to such term in the preliminary statements hereto.

 

“Company Merger”
means each of (i) the merger of Company Merger Sub 1 with and into the Company, with the Company surviving such merger, (ii) the
merger of Company Merger Sub 2 with and into ANH, with ANH surviving such merger, (iii) the merger of Company Merger Sub 3 with and
into ANHII, with ANHII surviving such merger, and (iv) the merger of Company Merger Sub 4 with and into SGF, with SGF surviving such
merger.

 

“Company Merger Sub
1” has the meaning given to such term in the preliminary statements hereto.

 

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“Company Merger Sub
2” has the meaning given to such term in the preliminary statements hereto.

 

“Company Merger Sub
3” has the meaning given to such term in the preliminary statements hereto.

 

“Company Merger Sub
4” has the meaning given to such term in the preliminary statements hereto.

 

“Company Merger Subs”
has the meaning given to such term in the preliminary statements hereto.

 

“Company Model”
means the model delivered to the Joint Lead Arrangers on March 8, 2017 (together with any updates or modifications thereto reasonably
agreed between Parent and the Joint Lead Arrangers prior to the Effective Date).

 

“Compliance Certificate”
means the certificate required to be delivered pursuant to Section 5.01(d).

 

“Compliance Requirement”
means, at any time, Borrowings and other extensions of credit in excess of 30% of the aggregate amount of the Revolving Commitments then
outstanding (other than (i) Letters of Credit that have been cash collateralized and Letters of Credit in an amount not to exceed
$15,000,000 and (ii) Borrowings and other extensions of credit under the Revolving Loans that are made on the Effective Date to fund
any original issue discount or upfront fees in connection with the “market flex” provisions in the Fee Letter, or to fund
any working capital adjustment payments under the Acquisition Agreement, provided that the amount of any credit extension made
pursuant to this clause (ii) shall not be excluded for purposes hereof on and after the date on which such credit extension is repaid
or prepaid and in the case of a partial repayment or prepayment, only the remaining amount outstanding shall be excluded for purposes
hereof).

 

“Consolidated EBITDA”
means, for any period, Consolidated Net Income for such period, plus:

 

(a)             without
duplication and to the extent deducted (and not added back), other than with respect to clauses (xvi), (xx) and (xxi), in arriving
at such Consolidated Net Income, the sum of the following amounts for such period:

 

(i)             total
interest expense and, to the extent not reflected in such total interest expense, the sum of (A) premium payments, debt discount,
fees, charges and related expenses incurred in connection with borrowed money (including capitalized interest) or in connection with
the deferred purchase price of assets plus (B) the portion of rent expense with respect to such period under Capitalized
Leases that is treated as interest expense in accordance with GAAP plus (C) the implied interest component of synthetic leases
with respect to such period plus (D) any losses on hedging obligations or other derivative instruments entered into for the
purpose of hedging interest rate risk, net of interest income and gains on such hedging obligations or such derivative instruments plus
(E) bank and letter of credit 

 

    22

     

    

 

fees and banker’s acceptance fees and costs of surety bonds in connection with financing activities,
plus (F) any commissions, discounts, yield and other fees and charges (including any interest expense) related to any Qualified
Securitization Facility;

 

(ii)             provision
for taxes based on income, profits or capital and sales taxes, including federal, foreign, state, franchise, excise, and similar taxes
paid or accrued during such period (including in respect of repatriated funds) including penalties and interest related to such taxes
or arising from any tax examinations;

 

(iii)           Non-Cash
Charges as elected by the Administrative Borrower;

 

(iv)           operating
expenses incurred on or prior to the Effective Date attributable to (A) salary obligations paid to employees terminated prior to
the Effective Date and (B) wages paid to executives in excess of the amounts the Acquired Companies and their Subsidiaries are required
to pay pursuant to any employment agreements;

 

(v)            extraordinary
charges, expenses or losses or special items in accordance with GAAP;

 

(vi)           unusual
or non-recurring charges, expenses or losses (including any unusual or non-recurring operating expenses directly attributable to the implementation
of cost savings initiatives), integration costs, severance, relocation costs, office and facilities’ opening costs and other business
optimization costs or expenses (including related to new product introductions and new system design and implementation costs), recruiting
costs and fees, signing and stay fees, expenses, costs and bonuses (including payments made to employees or producers who are subject
to non-compete agreements), retention or completion bonuses, contract termination costs, transaction fees and expenses, transition costs,
systems establishment costs, costs related to closure/consolidation of office and facilities, costs related to the implementation of operational
and reporting systems and technology initiatives, transaction fees and expenses and management fees and expenses and other management,
consulting, advisory and monitoring, oversight and similar fees, indemnities and expenses, any one time expense relating to enhanced accounting
function or other transaction costs (including those associated with becoming a standalone entity), public company costs, costs incurred
in connection with acquisitions and non-recurring intellectual property development, internal costs in respect of strategic initiatives
and curtailments or modifications to pension and post-retirement employee benefit plans (including any settlement of pension liabilities),
project start up costs or any other costs incurred in connection with any of the foregoing;

 

(vii)          restructuring
costs, charges, accruals or reserves (including restructuring and integration costs related to acquisitions and adjustments to existing
reserves), whether or not classified as restructuring expense on the consolidated financial statements;

 

    23

     

    

 

(viii)         the
amount of any non-controlling interest consisting of income attributable to non-controlling interests of third parties in any Non-Wholly
Owned Subsidiary deducted (and not added back in such period) in calculating Consolidated Net Income;

 

(ix)            the
amount of expenses relating to payments made to option holders of Holdings or any Holdings Parent in connection with, or as a result of,
any distribution being made to shareholders of such Person or its direct or indirect parent companies, which payments are being made to
compensate such option holders as though they were shareholders at the time of, and entitled to share in, such distribution, in each case
to the extent permitted by the Loan Documents;

 

(x)             losses
on asset sales, disposals or abandonments (other than asset sales, disposals or abandonments in the ordinary course of business);

 

(xi)            any
non-cash loss attributable to the mark to market movement in the valuation of any Equity Interests, and hedging obligations or other derivative
instruments (in each case, including pursuant to Financial Accounting Standards Codification No. 815—Derivatives and Hedging
but only to the extent the cash impact resulting from such loss has not been realized);

 

(xii)           any
loss relating to amounts paid in cash prior to the stated settlement date of any hedging obligation that has been reflected in Consolidated
Net Income for such period;

 

(xiii)          any
gain relating to hedging obligations associated with transactions realized in the current period that has been reflected in Consolidated
Net Income in prior periods and excluded from Consolidated EBITDA pursuant to clauses (d)(iv) and (d)(v) below;

 

(xiv)          any
costs or expenses incurred by Holdings, the Borrower or any Restricted Subsidiary pursuant to any equity-based compensation plan or stock
option plan or any other management or employee benefit plan or agreement, any severance agreement or any stock subscription or shareholder
agreement, to the extent that such costs or expenses are non-cash or otherwise funded with cash proceeds contributed to the capital of
Holdings or Net Proceeds of an issuance of Equity Interests of Holdings (other than Disqualified Equity Interests);

 

(xv)          any
net pension or other post-employment benefit costs representing amortization of unrecognized prior service costs, actuarial losses, including
amortization of such amounts arising in prior periods, amortization of the unrecognized net obligation (and loss or cost) existing at
the date of initial application of FASB Accounting Standards Codification 715, and any other items of a similar nature;

 

(xvi)         such
other add-backs and adjustments (A) evidenced by or contained in a due diligence quality of earnings report made available to the
Administrative Agent prepared by (x) a “big-four” nationally recognized 

 

    24

     

    

 

accounting firm or (y) any other accounting
firm that is reasonably acceptable to the Administrative Agent, (B) previously identified and agreed to by the Administrative Agent,
including all such add-backs and adjustments set forth in the Company Model or (C) consistent with Regulation S-X of the Securities
Act of 1933, as amended;

 

(xvii)        the
amount of losses on Dispositions of accounts receivable, Securitization Assets and related assets incurred in connection with a Qualified
Securitization Facility;

 

(xviii)        any
non-cash increase in expenses (A) resulting from the revaluation of inventory (including any impact of changes of inventory valuation
policy methods including changes in capitalization of variances) or other inventory adjustments or any other acquisition or (B) due
to purchase accounting;

 

(xix)          charges,
losses or expenses to the extent indemnified or insured or reimbursed by a third party (or reasonably expected to be so paid or reimbursed
within 365 days after the end of such period to the extent not accrued); provided that if such amount is not actually reimbursed
during such 365-day period it shall be deducted in determining Consolidated EBITDA for applicable subsequent Test Periods;

 

(xx)           solely
for purposes of determining compliance with the Financial Performance Covenant in respect of any period which includes the exercise of
a Cure Right (but not for the determination of the Senior Secured Net Leverage Ratio or the Total Net Leverage Ratio for any other purposes),
any Cure Amount;

 

(xxi)          to
the extent that any Holdings Parent Specified Expenses would have been added back to Consolidated EBITDA pursuant to clauses (a)(i) through
(xx) above had such charge, tax or expense been incurred directly by Holdings, such Holdings Parent Specified Expenses; and

 

(xxii)         earn-out
obligations with respect to any acquisition or Investment paid or accrued during such period;

 

plus

 

(b)            without
duplication, the amount of “run rate” cost savings, operating expense reductions, other operating changes, initiatives or
improvements (including the effect of new or increased customer contract pricing) and “run rate” synergies related to the
Transactions, any Specified Transaction, any restructuring, cost saving initiative or other initiative projected by the Administrative
Borrower in good faith to result from actions (including the Acquisition) taken, committed to be taken or expected to be taken, in each
case on or prior to the date that is twenty four (24) months after the Transactions or such Specified Transaction, restructuring, cost
saving or operational initiative, operational change or other initiative, as applicable (including actions initiated prior to the Effective
Date) (which cost savings, operating expense reductions, other operating improvements and synergies shall be added to Consolidated EBITDA
until fully realized and calculated 

 

    25

     

    

 

on a pro forma basis as though such cost savings, operating expense reductions, other operating improvements
and synergies had been realized on the first day of the relevant period), net of the amount of actual benefits realized from such actions; provided
that such cost savings are reasonably identifiable and factually supportable (in each case as determined in good faith by the Administrative
Borrower) and no cost savings, operating expense reductions, other operating improvements or synergies shall be added pursuant to this
clause (b) to the extent duplicative of any expenses or charges relating to such cost savings, operating expense reductions or synergies
that are included in clauses (a)(vi) and (a)(vii) above or in the definition of “Pro Forma Adjustment” (it
being understood and agreed that “run rate” shall mean the full recurring benefit that is associated with any action taken);

 

plus

 

(c)            to
the extent covered by business interruption insurance and actually reimbursed or otherwise paid in cash, expenses or losses relating to
business interruption or, so long as Holdings or the Administrative Borrower has made a determination that a reasonable basis exists for
indemnification or reimbursement and only to the extent that such amount is in fact indemnified or reimbursed within 365 days of such
determination (with a deduction in the applicable future period for any amount so added back to the extent not so indemnified or reimbursed
within such 365 days);

 

less

 

(d)            without
duplication and to the extent included in arriving at such Consolidated Net Income, the sum of the following amounts for such period:

 

(i)             extraordinary
gains and unusual or non-recurring gains;

 

(ii)             non-cash
gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve for a potential cash item that reduced
Consolidated Net Income or Consolidated EBITDA in any prior period);

 

(iii)            gains
on asset sales, disposals or abandonments (other than asset sales, disposals or abandonments in the ordinary course of business);

 

(iv)            any
non-cash gain attributable to the mark to market movement in the valuation of any Equity Interests, and hedging obligations or other derivative
instruments (in each case, including pursuant to Financial Accounting Standards Codification No. 815—Derivatives and Hedging
but only to the extent the cash impact resulting from such gain has not been realized);

 

(v)            any
gain relating to amounts received in cash prior to the stated settlement date of any hedging obligation that has been reflected in Consolidated
Net Income in such period; and

 

(vi)           any
loss relating to hedging obligations associated with transactions realized in the current period that has been reflected in Consolidated
Net Income in 

 

    26

     

    

 

prior periods and excluded from Consolidated EBITDA pursuant to clauses (a)(xii) and (a)(xiii) above;

 

in each case, as determined on a consolidated
basis for Holdings and the Restricted Subsidiaries in accordance with GAAP; provided that:

 

(I)             to
the extent included in Consolidated Net Income, there shall be excluded in determining Consolidated EBITDA for any period any adjustments
resulting from the application of Financial Accounting Standards Codification No. 815—Derivatives and Hedging,

 

(II)            there
shall be included in determining Consolidated EBITDA for any period, without duplication, (A) to the extent not included in Consolidated
Net Income, the Acquired EBITDA of any Person, property, business, line of business, division, business unit or asset acquired by Holdings,
the Borrower or any Restricted Subsidiary during such period (other than any Unrestricted Subsidiary) to the extent not subsequently sold,
transferred or otherwise disposed of (but not including the Acquired EBITDA of any related Person, property, business, line of business,
division, business unit or assets to the extent not so acquired) (each such Person, property, business, line of business, division, business
unit or asset acquired, including pursuant to the Transactions or pursuant to a transaction consummated prior to the Effective Date, and
not subsequently so disposed of, an “Acquired Entity or Business”), and the Acquired EBITDA of any Unrestricted Subsidiary
that is converted into a Restricted Subsidiary during such period (each, a “Converted Restricted Subsidiary”), in each
case based on the Acquired EBITDA of such Pro Forma Entity for such period (including the portion thereof occurring prior to such acquisition
or conversion) determined on a historical Pro Forma Basis and (B) an adjustment equal to the amount of the Pro Forma Adjustment for
such period (including the portion thereof occurring prior to such acquisition or conversion);

 

(III)          there
shall be (A) to the extent included in Consolidated Net Income, excluded in determining Consolidated EBITDA for any period the Disposed
EBITDA of any Person, property, business, line of business, division, business unit or asset (other than any Unrestricted Subsidiary)
sold, transferred or otherwise disposed of, closed or classified as discontinued operations in accordance with GAAP (other than (x) if
so classified on the basis that it is being held for sale unless such sale has actually occurred during such period and (y) for periods
prior to the applicable sale, transfer or other disposition, if the Disposed EBITDA of such Person, property, business, line of business,
division, business unit or asset is positive (i.e., if such Disposed EBITDA is negative, it shall be added back in determining Consolidated
EBITDA for any period)) by Holdings, the Borrower or any Restricted Subsidiary during such period (each such Person, property, business,
line of business, division, business unit or asset so sold, transferred or otherwise disposed of, closed or classified, a “Sold
Entity or Business”), and the Disposed EBITDA of any Restricted Subsidiary that is converted into an Unrestricted Subsidiary
during such period (each, a “Converted Unrestricted Subsidiary”), in each case based on the Disposed EBITDA of such
Sold Entity or Business or Converted Unrestricted Subsidiary for such period (including the portion thereof occurring prior to such sale,
transfer, disposition, closure, classification or conversion) determined on a historical Pro Forma Basis and (B) to 

 

    27

     

    

 

the extent not
included in Consolidated Net Income, included in determining Consolidated EBITDA for any period in which a Sold Entity or Business is
disposed, an adjustment equal to the Pro Forma Disposal Adjustment with respect to such Sold Entity or Business (including the portion
thereof occurring prior to such disposal);

 

(IV)           to
the extent included in Consolidated Net Income, there shall be excluded in determining Consolidated EBITDA any expense (or income) as
a result of adjustments recorded to contingent consideration liabilities relating to the Transaction or any Permitted Acquisition (or
other Investment permitted hereunder); and

 

(V)            to
the extent not already included in Consolidated Net Income, Consolidated EBITDA shall include the amount of proceeds received or due from
reimbursement of expenses and charges pursuant to indemnification and other reimbursement provisions in connection with any acquisition
or other Investment or any disposition of any asset permitted hereunder.

 

For the purposes of determining the Senior Secured
First Lien Net Leverage Ratio, the Senior Secured Net Leverage Ratio or the Total Net Leverage Ratio for any relevant Test Period, Consolidated
EBITDA shall be deemed to equal (a) $12,300,000 for the fiscal quarter ended May 28, 2016, (b) $16,800,000 for the fiscal
quarter ended August 27, 2016, (c) $22,200,000 for the fiscal quarter ended November 26, 2016 and (d) $18,100,000
for the fiscal quarter ended February 25, 2017 (it being understood that such amounts are subject to adjustments, as and to the extent
otherwise contemplated in this Agreement, in connection with any Pro Forma Adjustment or any calculation on a Pro Forma Basis).

 

“Consolidated Net Income”
means, for any period, the net income (loss) of Holdings and its Restricted Subsidiaries for such period determined on a consolidated
basis in accordance with GAAP, excluding, without duplication,

 

(a)            extraordinary
items for such period,

 

(b)            the
cumulative effect of a change in accounting principles during such period,

 

(c)            any
Transaction Costs incurred during such period,

 

(d)            any
accruals, payments, fees, costs and expenses (including rationalization, legal, tax, structuring, financial advisory, investment banking,
any transaction or retention bonus or similar payment and fees, costs and expenses of any counsel, consultants or other advisors and other
costs and expenses) incurred during such period, or any amortization thereof for such period, in connection with the Transactions, any
Specified Transactions, any non-recurring costs to acquire equipment to the extent not capitalized in accordance with GAAP, Investments
(including any earn-outs), Restricted Payments, Dispositions, recapitalization, issuances of Indebtedness or Equity Interests or repayment
of debt, refinancing transactions or amendment or other modification of any debt instrument, and amendments, restructurings, waivers,
workouts and extensions, refinancings or other modifications of any of the foregoing, non-competition agreements, one-time accruals, up-front
fees, financing fees, commitment fees, costs, expenses or premiums related to any 

 

    28

     

    

 

repayment of debt, issuance of equity securities, refinancing
transaction or amendment or other modification of or waiver or consent relating to any debt instrument (in each case, including the Transaction
Costs and any such transaction consummated prior to the Effective Date and any such transaction undertaken but not completed and including
costs and expenses of the Administrative Agent and Lenders that are reimbursed) and any charges or non-recurring merger or amalgamation
costs incurred during such period as a result of any such transaction, in each case, with respect to the transactions described in this
subclause ‎(d), whether or not successful (including, for the avoidance of doubt, the effects of expensing all transaction-related
expenses in accordance with FASB Accounting Standards Codification 805 and gains or losses associated with FASB Accounting Standards Codification
460),

 

(e)            any
income (loss) for such period attributable to the early extinguishment of Indebtedness, hedging agreements or other derivative instruments,

 

(f)             accruals
and reserves that are established or adjusted as a result of the Transactions or any Permitted Acquisition or other Investment not prohibited
under this Agreement in accordance with GAAP (including any adjustment of estimated payouts on earn-outs) or changes as a result of the
adoption or modification of accounting policies during such period;

 

(g)            stock-based
award compensation expenses,

 

(h)            any
income (loss) attributable to deferred compensation plans or trusts,

 

(i)             the
amount of any expense required to be recorded as compensation expense related to contingent transaction consideration, and

 

(j)              currency
translation gains and losses related to currency remeasurements of assets, liabilities or indebtedness (including the net loss or gain
resulting from hedging agreements for currency exchange risk and revaluations of intercompany balances),

 

There shall be included in Consolidated
Net Income, without duplication, (i) the amount of any cash tax benefits related to the tax amortization of intangible assets in
such period, (ii) any dividends or other distributions received in cash or other Permitted Investments from Unrestricted Subsidiaries
and (iii) the effects from applying acquisition method accounting, including applying acquisition method accounting to inventory,
property and equipment, loans and leases, software and other intangible assets and deferred revenue (including the current portion thereof
and deferred costs related thereto) required or permitted by GAAP and related authoritative pronouncements (including the effects of such
adjustments pushed down to Holdings and its Restricted Subsidiaries), as a result of the Transactions, any acquisition or Investment consummated
prior to the Effective Date and any Permitted Acquisitions (or other Investment not prohibited hereunder) or the amortization or write-off
of any amounts thereof.

 

“Consolidated Senior
Secured First Lien Net Indebtedness” means, as of any date of determination, the aggregate amount of Senior Secured First
Lien Indebtedness of Holdings and its Restricted Subsidiaries outstanding on such date, determined on a consolidated basis in accordance
with GAAP, consisting only of Senior Secured First Lien Indebtedness for borrowed

 

    29

     

    

 

money or evidenced by bonds, notes, debentures or similar
instruments, drawn but unreimbursed obligations under letters of credit (and in the case of trade letters of credit, unreimbursed for
more than three (3) Business Days) and the principal portion of obligations in respect of purchase money Indebtedness and Capitalized
Leases but excluding any obligations under or in respect of Qualified Securitization Facilities, minus the aggregate amount of
cash and Permitted Investments of Holdings and its Restricted Subsidiaries (excluding cash and Permitted Investments that are listed as
 “restricted” on the consolidated balance sheet of Holdings and its Restricted Subsidiaries as of such date).

 

“Consolidated Senior
Secured Net Indebtedness” means, as of any date of determination, the aggregate amount of Senior Secured Indebtedness of
Holdings and its Restricted Subsidiaries outstanding on such date, determined on a consolidated basis in accordance with GAAP, consisting
only of Senior Secured Indebtedness for borrowed money or evidenced by bonds, notes, debentures or similar instruments, drawn but unreimbursed
obligations under letters of credit (and in the case of trade letters of credit, unreimbursed for more than three (3) Business Days)
and the principal portion of obligations in respect of purchase money Indebtedness and Capitalized Leases, but excluding any obligations
under or in respect of Qualified Securitization Facilities, minus the aggregate amount of cash and Permitted Investments of Holdings
and its Restricted Subsidiaries (excluding cash and Permitted Investments that are listed as “restricted” on the consolidated
balance sheet of Holdings and its Restricted Subsidiaries as of such date).

 

“Consolidated Total
Net Indebtedness” means, as of any date of determination, the aggregate amount of Indebtedness of Holdings and its Restricted
Subsidiaries outstanding on such date, determined on a consolidated basis in accordance with GAAP, consisting only of Indebtedness for
borrowed money or evidenced by bonds, notes, debentures or similar instruments, drawn but unreimbursed obligations under letters of credit
(and in the case of trade letters of credit, unreimbursed for more than three (3) Business Days) and the principal portion of obligations
in respect of purchase money Indebtedness and Capitalized Leases, but excluding any obligations under or in respect of Qualified Securitization
Facilities, minus the aggregate amount of cash and Permitted Investments of Holdings and its Restricted Subsidiaries (excluding
cash and Permitted Investments that are listed as “restricted” on the consolidated balance sheet of Holdings and its Restricted
Subsidiaries as of such date).

 

“Consolidated Working
Capital” means, at any date, the excess (which may be negative) of (a) the sum of all amounts (other than cash and Permitted
Investments) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption)
on a consolidated balance sheet of Holdings and its Restricted Subsidiaries at such date, excluding the current portion of deferred income
taxes over (b) the sum of all amounts that would, in conformity with GAAP, be set forth opposite the caption “total
current liabilities” (or any like caption) on a consolidated balance sheet of Holdings and its Restricted Subsidiaries on such date,
but excluding, without duplication, (i) the current portion of any Funded Debt, (ii) all Indebtedness consisting of Loans and
obligations under Letters of Credit and Capital Lease Obligations to the extent otherwise included therein, (iii) the current portion
of interest, (iv) the current portion of current and deferred income taxes, (v) accrual of any costs or expenses related to
restructuring reserves, (vi) the current portion of pension liabilities and (vii) deferred revenue; provided that, for
purposes of calculating Excess Cash Flow, increases or decreases in working capital (A) arising 

 

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from acquisitions or dispositions
by Holdings and its Restricted Subsidiaries shall be measured from the date on which such acquisition or disposition occurred until the
first anniversary of such acquisition or disposition with respect to the Person subject to such acquisition or disposition and (B) shall
exclude (I) the impact of non-cash adjustments contemplated in the Excess Cash Flow calculation, (II) the impact of adjusting
items in the definition of Consolidated Net Income and (III) any changes in current assets or current liabilities as a result of
(x) the effect of fluctuations in the amount of accrued or contingent obligations, assets or liabilities under hedging agreements
or other derivative obligations or (y) any reclassification in accordance with GAAP of assets or liabilities, as applicable, between
current and noncurrent.

 

“Contract Consideration”
has the meaning assigned to such term in the definition of “Excess Cash Flow.”

 

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

 

“Converted Restricted
Subsidiary” has the meaning given to such term in the definition of “Consolidated EBITDA.”

 

“Converted Unrestricted
Subsidiary” has the meaning given to such term in the definition of “Consolidated EBITDA.”

 

“Copyright”
has the meaning assigned to such term in the Collateral Agreement.

 

“Covered
Entity” means any of the following:

 

		(i)	a “covered entity” as that term is defined in,
and interpreted in accordance with, 12 C.F.R. § 252.82(b);

 

		(ii)	a “covered bank” as that term is defined in,
and interpreted in accordance with, 12 C.F.R. § 47.3(b); or

 

		(iii)	a “covered FSI” as that term is defined in,
and interpreted in accordance with, 12 C.F.R. § 382.2(b).

 

“Covered Jurisdiction”
means Canada, the Netherlands, Spain, Australia, New Zealand, United Kingdom, Luxembourg, Ireland, Mexico and any other jurisdiction
as mutually agreed by the Administrative Borrower and the Administrative Agent.

 

“Credit Agreement Refinancing
Indebtedness” means Indebtedness issued, incurred or otherwise obtained by the Borrower (including by means of the extension
or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans
or Revolving Loans (or unused Revolving Commitments) (“Refinanced Debt”); provided that such exchanging, extending,
renewing, replacing or refinancing Indebtedness (a) is in an original aggregate principal amount not greater than the aggregate principal
amount of the Refinanced Debt (plus any premium, original issue discount and upfront 

 

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fees, accrued interest and
fees and expenses incurred in connection with such exchange, extension, renewal, repayment, replacement or refinancing and the incurrence
of such new Credit Agreement Refinancing Indebtedness) plus additional amounts to the extent otherwise permitted to be incurred under
this Agreement (which additional amounts, for the avoidance of doubt, do not constitute Credit Agreement Refinancing Indebtedness), (b) (i) (except
in the case of customary bridge loans which, subject to customary conditions (including no payment or bankruptcy event of default), would
either automatically be converted into or required to be exchanged for permanent refinancing that does not mature prior to the maturity
date of the Refinanced Debt) does not mature earlier than or, except in the case of Revolving Commitments, have a Weighted Average Life
to Maturity shorter than the Refinanced Debt (without giving effect to any amortization or prepayments on such debt) and (ii) if
such Indebtedness is unsecured or secured by the Collateral on a junior lien basis to the Secured Obligations, does not have scheduled
amortization or required payments of principal prior to the maturity date of the Refinanced Debt (except in the case of customary bridge
loans which, subject to customary conditions (including no payment or bankruptcy event of default), would either automatically be converted
into or required to be exchanged for permanent refinancing that does not mature prior to the maturity date of the Refinanced Debt) (except
for customary payments in respect of asset sales, insurance and condemnation proceeds events, change of control or similar events and
AHYDO catch up payments and offers to purchase upon an event of default), (c) shall not be guaranteed by any entity that is not,
or that does not substantially concurrently become, a Loan Party, (d) in the case of any secured Indebtedness shall (i) not
be secured by any assets not securing the Secured Obligations and (ii) be subject to the relevant Intercreditor Agreement(s) and
(e) has covenants and events of default (excluding, for the avoidance of doubt, pricing (as to which no “most favored nation”
provision will apply), interest rate margins, rate floors, discounts, fees, collateral, guarantees, premiums and prepayment or redemption
provisions) that, in the discretion of the Administrative Borrower either (1) reflect market terms and conditions (taken as a whole
and as determined in good faith by the Administrative Borrower) at the time of incurrence or issuance of such Indebtedness or (2) if
not consistent with the corresponding Class of Term Loans, are not materially more restrictive (when taken as a whole) to the Borrower
than the covenants and events of default of this Agreement (when taken as a whole) applicable to the facility being refinanced or replaced
are to the Borrower (unless (x) such covenants or other provisions are applicable only to periods after the maturity date of the
Refinanced Debt at the time of such refinancing, (y) the Revolving Lenders or the Lenders under the Initial Term Loans, as applicable,
also receive the benefit of such more favorable covenants and events of default (together with, at the election of the Borrower, any
applicable “equity cure” provisions with respect to any financial maintenance covenant) (it being understood that, to the
extent that any covenant, event of default or guarantee is added or modified for the benefit of any such Indebtedness, no consent shall
be required by the Administrative Agent or any of the Lenders if such covenant, event of default or guarantee is (i) also added
or modified for the benefit of any corresponding Loans remaining outstanding after the issuance or incurrence of such Indebtedness, (ii) with
respect to any “springing” financial maintenance covenant or other covenant only applicable to, or for the benefit of, a
revolving credit facility, also added for the benefit of each revolving credit facility hereunder (and not for the benefit of any term
loan facility hereunder) or (iii) only applicable after the Latest Maturity Date at the time of such refinancing) or (z) such
terms and conditions are reasonably satisfactory to the Administrative Agent. For the avoidance of doubt, it is understood and agreed
that (x) notwithstanding anything in this Agreement to the contrary, in the case of any Indebtedness

 

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 incurred to modify, refinance,
refund, extend, renew or replace Indebtedness initially incurred in reliance on and measured by reference to a percentage of Consolidated
EBITDA at the time of incurrence, and such modification, refinancing, refunding, extension, renewal or replacement would cause the percentage
of Consolidated EBITDA to be exceeded if calculated based on the percentage of Consolidated EBITDA on the date of such modification,
refinancing, refunding, extension, renewal or replacement, such percentage of Consolidated EBITDA restriction shall not be deemed to
be exceeded so long as such incurrence otherwise constitutes “Credit Agreement Refinancing Indebtedness” and (y) such
Credit Agreement Refinancing Indebtedness shall not be subject to any “most favored nation” pricing provisions.

 

“Cumulative Retained
Excess Cash Flow Amount” means, at any date, an amount, not less than zero, equal to the aggregate sum of the Retained Percentage
of Excess Cash Flow for all Excess Cash Flow Periods commencing with the Excess Cash Flow Period commencing September 1, 2017 and
ending August 31, 2018 (which for the avoidance of doubt, shall not be less than zero for any single Excess Cash Flow Period).

 

“Cure Amount”
has the meaning assigned to such term in Section 7.02(a).

 

“Cure Right”
has the meaning assigned to such term in Section 7.02(a).

 

“Cure Termination Date”
has the meaning assigned to such term in Section 7.02(a).

 

“Daily
Simple SOFR” means, for any day (a “SOFR Rate Day”), a rate
per annum equal to the greater of (a) SOFR for the day (such
day the “SOFR Determination Date”) that is five U.S. Government Securities Business Days (or such other period as determined
by the Borrower and the Administrative Agent based on then prevailing market conventions) prior to (i) if such SOFR Rate Day is a
U.S. Government Securities Business Day, such SOFR Rate Day or (ii) if such SOFR Rate Day is not a U.S. Government Securities Business
Day, the U.S. Government Securities Business Day immediately preceding such SOFR Rate Day, in each case, as such SOFR is published by
the SOFR Administrator on the SOFR Administrator’s Website, and (b) the Floor. If by 5:00 pm (New York City time) on the second
(2nd) U.S. Government Securities Business Day immediately following any SOFR Determination Date, the SOFR in respect of such
SOFR Determination Date has not been published on the SOFR Administrator’s Website and a Benchmark Replacement Date with
respect to the Daily Simple SOFR has not occurred, then the SOFR
for such SOFR Determination Date will be the SOFR as published in respect of the first preceding U.S. Government Securities Business Day
for which such SOFR was published on the SOFR Administrator’s Website; provided that any SOFR determined pursuant to this sentence
shall be utilized for purposes of calculation of Daily Simple SOFR for no more than three (3) consecutive SOFR Rate Days. Any change
in Daily Simple SOFR due to a change in SOFR shall be effective from and including the effective date of such change in SOFR without notice
to the Borrower.

 

“Daily
SOFR Borrowing” means a Borrowing comprised of Loans bearing
interest at a rate determined by reference to Daily Simple SOFR.

 

“Daily
SOFR Loan” means any Loan bearing interest at a rate determined by reference to Daily Simple SOFR.

 

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“Debt Repayment”
means the repayment, refinancing, roll over, termination, discharge, defeasance or release, or the arrangement for the repayment, refinancing,
roll over, termination, discharge, defeasance or release in a manner reasonably satisfactory to the Administrative Agent of: (i) all
Indebtedness and guaranties and security granted by the Acquired Companies and their subsidiaries under the credit facilities evidenced
by the First Lien Credit Agreement, dated as of April 3, 2013, by and among ANHII, ANH, the lenders party thereto and Credit Suisse
AG, Cayman Islands Branch as administrative agent and collateral agent (as amended by that certain Amendment No. 1 to Credit Agreement,
dated as of August 20, 2015, by and among ANH II, ANH, the lenders party thereto, and Credit Suisse AG, Cayman Islands Branch) and
(ii) all Indebtedness and guaranties and security granted by the Acquired Companies and their subsidiaries under the credit facilities
evidenced by the Second Lien Credit Agreement, dated as of April 3, 2013, by and among ANHII, ANH, the lenders party thereto and
Credit Suisse AG, Cayman Islands Branch as administrative agent and collateral agent (as amended by that certain Amendment No. 1
to Credit Agreement, dated as of August 20, 2015, by and among ANH II, ANH, the lenders party thereto, and Credit Suisse AG, Cayman
Islands Branch).

 

“Debtor Relief Laws”
means the Bankruptcy Code and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium,
rearrangement, receivership, insolvency, reorganization, examinership or similar debtor relief laws of the United States or other applicable
jurisdictions (domestic or foreign) 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, upon notice, lapse of time or both would, unless cured or waived,
become an Event of Default.

 

“Default
Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2
or 382.1, as applicable.

 

“Defaulting Lender”
means, subject to Section 2.22(b), any Lender that (a) has failed to perform any of its funding obligations hereunder (or otherwise
failed to pay over to the Administrative Agent any amounts owed by such Lender hereunder), including in respect of its Loans or participations
in respect of Letters of Credit, within one (1) Business Day of the date required to be funded by it hereunder unless such Lender
notifies the Administrative Agent and the Administrative Borrower in writing that such failure is the result of such Lender’s determination
that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be
specifically identified in such writing) has not been satisfied, (b) has notified the Administrative Borrower, the Administrative
Agent, any Issuing Bank or any Lender that it does not intend to comply with its funding obligations or has made a public statement or
provided any written notification to any Person to that effect with respect to its funding obligations hereunder or under other agreements
in which it commits to extend credit (unless such writing or public statement relates to such Lender’s obligation to fund a Loan
hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding (which condition
precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied),
(c) has failed, within three (3) Business Days after request by the Administrative Agent (whether acting on its own behalf
or at the reasonable request of the Administrative Borrower (it being understood that the Administrative Agent shall comply with any
such reasonable request)) or any Issuing Bank, to

 

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confirm in a manner satisfactory to the Administrative Agent, such Issuing Bank and the Borrower that it will
comply with its funding obligations (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon
receipt of such written confirmation by the Administrative Agent and the Administrative Borrower), or (d) has, or has a direct or
indirect parent company that has, (i) become or is insolvent (or has admitted in writing that it is insolvent), (ii) become
the subject of a proceeding under any Debtor Relief Law, (iii) had a receiver, conservator, trustee, administrator, examiner, assignee
for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a substantial part of its
assets or a custodian appointed for it or a substantial part of its assets, (iv) taken any action in furtherance of, or indicated
its consent to, approval of or acquiescence in any such proceeding or appointment or (v) become the subject of a Bail-In Action;
provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest
in that Lender or any direct or indirect parent company thereof by a Governmental Authority, where such ownership interest or proceeding
does not result in or provide such Lender or Person with immunity from the jurisdiction of courts within the United States of America
or from the enforcement of judgments or writs of attachment on its assets or permit such Lender or Person (or such Governmental Authority)
to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Lender or Person.

 

“Defaulting Lender
Fronting Exposure” means, at any time there is a Defaulting Lender, with respect to any Issuing Bank, such Defaulting Lender’s
Applicable Percentage of the Loan Document Obligations with respect to the Letters of Credit issued by such Issuing Bank other than Loan
Document Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash
collateralized in accordance with the terms hereof.

 

“Designated Non-Cash
Consideration” means the fair market value of non-cash consideration received by the Borrower or a Subsidiary in connection
with a Disposition pursuant to Section 6.05(k) that is designated as Designated Non-Cash Consideration pursuant to a certificate
of a Responsible Officer of the Borrower, setting forth the basis of such valuation (which amount will be reduced by the fair market value
of the portion of the non-cash consideration converted to cash within 180 days following the consummation of the applicable Disposition).

 

“Discount Prepayment
Accepting Lender” has the meaning assigned to such term in Section 2.11(a)(ii)(B)(2).

 

“Discount Range”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(1).

 

“Discount Range Prepayment
Amount” has the meaning assigned to such term in Section 2.11(a)(ii)(C)(1).

 

“Discount Range Prepayment
Notice” means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially
in the form of Exhibit I.

 

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“Discount Range Prepayment
Offer” means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit J, submitted in response
to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

 

“Discount Range Prepayment
Response Date” has the meaning assigned to such term in Section 2.11(a)(ii)(C)(1).

 

“Discount Range Proration”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(3).

 

“Discounted Prepayment
Determination Date” has the meaning assigned to such term in Section 2.11(a)(ii)(D)(3).

 

“Discounted Prepayment
Effective Date” means in the case of a Borrower Offer of Specified Discount Prepayment, Borrower Solicitation of Discount Range
Prepayment Offer or Borrower Solicitation of Discounted Prepayment Offers, five (5) Business Days following the receipt by each relevant
Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D),
as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.

 

“Discounted Term Loan
Prepayment” has the meaning assigned to such term in Section 2.11(a)(ii)(A).

 

“Dispose”
and “Disposition” each have the meaning assigned to such term in Section 6.05.

 

“Disposed EBITDA”
means, with respect to any Sold Entity or Business or Converted Unrestricted Subsidiary for any period through (but not after) the date
of such disposition, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary
(determined as if references to Holdings and its Restricted Subsidiaries in the definition of the term “Consolidated EBITDA”
(and in the component financial definitions used therein) were references to such Sold Entity or Business and its subsidiaries or to such
Converted Unrestricted Subsidiary and its subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or
Converted Unrestricted Subsidiary.

 

“Disqualified Equity
Interest” means, with respect to any Person, any Equity Interest in such Person that by its terms (or by the terms of any security
into which it is convertible or for which it is exchangeable, either mandatorily or at the option of the holder thereof), or upon the
happening of any event or condition:

 

(a)            matures
or is mandatorily redeemable (other than solely for Equity Interests in such Person that do not constitute Disqualified Equity Interests
and cash in lieu of fractional shares of such Equity Interests), whether pursuant to a sinking fund obligation or otherwise;

 

(b)            is
convertible or exchangeable, either mandatorily or at the option of the holder thereof, for Indebtedness or Equity Interests (other than
solely for Equity Interests 

 

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in such Person that do not constitute Disqualified Equity Interests and cash in lieu of fractional shares
of such Equity Interests); or

 

(c)            is
redeemable (other than solely for Equity Interests in such Person that do not constitute Disqualified Equity Interests and cash in lieu
of fractional shares of such Equity Interests) or is required to be repurchased by such Person or any of its Affiliates, in whole or in
part, at the option of the holder thereof;

 

in each case, on or prior to the date ninety-one
(91) days after the Latest Maturity Date; provided, however, that (i) an Equity Interest in any Person that would not
constitute a Disqualified Equity Interest but for terms thereof giving holders thereof the right to require such Person to redeem or purchase
such Equity Interest upon the occurrence of an “asset sale” or a “change in control” or similar event shall not
constitute a Disqualified Equity Interest if any such requirement becomes operative only after the Termination Date and (ii) if an
Equity Interest in any Person is issued pursuant to any plan for the benefit of employees of Holdings (or any direct or indirect parent
thereof) or any of its Subsidiaries or by any such plan to such employees, such Equity Interest shall not constitute a Disqualified Equity
Interest solely because it may be required to be repurchased by Holdings (or any direct or indirect parent company thereof) or any of
its Subsidiaries in order to satisfy applicable statutory or regulatory obligations of such Person or as a result of such employee’s
termination, death or disability.

 

“Disqualified Lenders”
means (i) those Persons identified by Parent to the Joint Lead Arrangers in writing prior to April 10, 2017 or as Parent and
the Joint Lead Arrangers shall mutually agree on and after April 10, 2017 and prior to the date hereof, in each case, as being “Disqualified
Lenders”, (ii) those Persons who are competitors of Holdings and its Subsidiaries and are identified by Parent or the Administrative
Borrower to the Administrative Agent from time to time in writing, which designation shall not apply retroactively to disqualify any Persons
that previously acquired an assignment or participation interest in any Loan prior to such designation, (iii) Excluded Affiliates
and (iv) in the case of each Person identified pursuant to clauses (i) or (ii) above, any of their Affiliates that are
either (x) identified in writing by Parent or the Administrative Borrower to the Administrative Agent from time to time or (y) known
or reasonably identifiable as an Affiliate of any such Person. Upon inquiry by any Lender to the Administrative Agent as to whether a
specified potential assignee or prospective participant is a Disqualified Lender, the Administrative Agent shall be permitted to disclose
to such Lender and such specific potential assignee (x) whether such specific potential assignee or prospective participant is a
Disqualified Lender or (y) the identity of any other Disqualified Lender which the Administrative Agent reasonably believes may be
an Affiliate of such specified potential assignee or prospective participant.

 

“Dollar Amount”
means, at any time:

 

(a)           with
respect to an amount denominated in Dollars, such amount;

 

(b)           with
respect to any amount denominated in a currency other than Dollars, where a determination of such amount is required to be made under
any Loan Document by the Administrative Agent or any Issuing Bank, the equivalent amount thereof in Dollars as determined by the Administrative
Agent or such Issuing Bank, as the case may be, at such

 

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 time on the basis of the Spot Rate (determined in respect of the most recent Revaluation
Date or other applicable date of determination) for the purchase of Dollars with such alternative currency; and

 

(c)           with
respect to any amount denominated in a currency other than Dollars, where a determination of such amount is required to be made under
any Loan Document by Holdings, any Intermediate Parent, the Administrative Borrower or any Restricted Subsidiary, the equivalent amount
thereof in Dollars as determined on the basis of the Exchange Rate for such currency and as determined in accordance with Section 1.08.

 

“Dollars”
or “$” refers to lawful money of the United States of America.

 

“Domestic Subsidiary”
means any Subsidiary of Holdings organized or incorporated in the United States (or any state, thereof or the District of Columbia).

 

“ECF Percentage”
means, with respect to the prepayment required by Section 2.11(d) with respect to any fiscal year of Holdings, if the Senior
Secured First Lien Net Leverage Ratio (after giving effect to the applicable prepayment pursuant to Section 2.11(d), and after giving
effect to any voluntary prepayments made pursuant to Section 2.11(a) prior to the date of such prepayment) as of the end of
such fiscal year is (a) greater than 4.00 to 1.00, 50% of Excess Cash Flow for such fiscal year, (b) greater than 3.00 to 1.00
but less than or equal to 4.00 to 1.00, 25% of Excess Cash Flow for such fiscal year and (c) less than or equal to 3.00 to 1.00,
0% of Excess Cash Flow for such fiscal year.

 

“EEA Financial Institution”
means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of
an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in
clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of
an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent;
.

 

“EEA Member Country”
means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

 

“EEA Resolution Authority”
means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including
any delegee) having responsibility for the resolution of any EEA Financial Institution.

 

“Effective Date”
means July 7, 2017.

 

“Effective Date Loan
Parties” means (i) Holdings, (ii) each Loan Party that was a Restricted Subsidiary of Holdings (including the Borrower)
on or prior to the Effective Date and (iii) each other Subsidiary of Holdings that is a Loan Party as of the Effective Date (if any).

 

“Effective Yield”
means, as to any Indebtedness, the effective yield on such Indebtedness in the reasonable determination of the Administrative Agent and
the Administrative Borrower and consistent with generally accepted financial practices, taking into account the applicable interest rate
margins, any interest rate floors (the effect of which floors shall be

 

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determined in a manner set
forth in the proviso below) or similar devices and all fees , including upfront or similar fees or original issue discount (amortized
over the shorter of (a) the remaining Weighted Average Life to Maturity of such Indebtedness and (b) the four years following
the date of incurrence thereof) payable generally to lenders or other institutions providing such Indebtedness, but excluding any arrangement,
syndication, commitment, prepayment, structuring, ticking or other similar fees payable in connection therewith that are not generally
shared with all relevant syndicate Lenders and, if applicable, consent fees for an amendment paid generally to consenting Lenders; provided
that with respect to any Indebtedness that includes a “LIBORSOFR
floor” or “Alternate
Base Rate floor,” (i) to the extent that the LIBOSOFR
Rate or Alternate Base Rate (without giving effect to any floors in such definitions), as applicable, on the date that the
Effective Yield is being calculated is less than such floor, the amount of such difference shall be deemed added to the interest rate
margin for such Indebtedness for the purpose of calculating the Effective Yield and (ii) to the extent that the LIBOSOFR
Rate or Alternate Base Rate (without giving effect to any floors in such definitions), as applicable, on the date that the
Effective Yield is being calculated is greater than such floor, then the floor shall be disregarded in calculating the Effective Yield.

 

“Electing Guarantor”
any Excluded Subsidiary organized under the laws of the United States or any state thereof or a Covered Jurisdiction that, at the option
and in the sole discretion of the Borrower, has been designated a Subsidiary Loan Party.

 

“Eligible Assignee”
means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund and (d) any other Person (other than Holdings,
any Intermediate Parent, the Borrower or any of their respective Affiliates), other than, in each case, (i) a natural person, (ii) a
Defaulting Lender or (iii) a Disqualified Lender. Notwithstanding the foregoing, each Loan Party and the Lenders acknowledge and
agree that the Administrative Agent shall have no responsibility or liability for monitoring or enforcing the list of Disqualified Lenders
or for any assignment made to a Disqualified Lender unless (A) such assignment resulted from the Administrative Agent’s gross
negligence, bad faith or willful misconduct (as determined by a court of competent jurisdiction in a final and non-appealable judgment)
or (B) such assignment resulted from a material breach of the Loan Documents by the Administrative Agent (as determined by a court
of competent jurisdiction in a final and non-appealable judgment).

 

“Environmental Laws”
means all applicable treaties, rules, regulations, codes, ordinances, judgments, orders, decrees and other applicable Requirements of
Law, and all applicable injunctions or binding agreements issued, promulgated or entered into by or with any Governmental Authority, in
each instance relating to the protection of the environment, to preservation or reclamation of natural resources, to the Release or threatened
Release of any Hazardous Material or to the extent relating to exposure to Hazardous Materials, to health or safety matters.

 

“Environmental Liability”
means any liability, obligation, loss, claim, action, order or cost, contingent or otherwise (including any liability for damages, costs
of medical monitoring, costs of environmental remediation or restoration, administrative oversight costs, consultants’ fees, fines,
penalties and indemnities) directly or indirectly resulting from or based upon (a) any Environmental Law or permit, license or approval
issued thereunder, (b) the generation, use, handling, transportation, storage, or treatment of any Hazardous Materials, (c) exposure
to any 

 

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Hazardous Materials, (d) the Release or threatened Release of any Hazardous Materials or (e) any contract, agreement
or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

 

“Equity Contribution”
means the contribution by the Investors on or prior to the Effective Date, directly or indirectly of cash equity contributions to Parent
or PubCo in exchange for common equity or other equity of Parent or PubCo (such other equity to be on terms reasonably satisfactory to
the Administrative Agent to the extent such equity has cash pay terms prior to the Latest Maturity Date).

 

“Equity Interests”
means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust
or other equity ownership interests in a Person (whether evidenced by share certificates (or similar) or not).

 

“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) that, together with any Loan Party, is treated as a single employer under Section 414(b) or
414(c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single
employer under Section 414 of the Code.

 

“ERISA Event”
means (a) any “reportable event,” as defined in Section 4043(c) of ERISA or the regulations issued thereunder
with respect to a Plan (other than an event for which the 30-day notice period is waived); (b) 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,
in each case whether or not waived; (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of
ERISA, of an application for a waiver of the minimum funding standard with respect to any Plan; (d) a determination that any Plan
is, or is expected to be, in “at-risk” status (as defined in Section 303(i)(4) of ERISA or Section 430(i)(4) of
the Code); (e) the incurrence by a Loan Party or any ERISA Affiliate of any liability under Title IV of ERISA (other than premiums
due and not delinquent under Section 4007 of ERISA) with respect to the termination of any Plan or by application of Section 4069
of ERISA with respect to any terminated plan; (f) the receipt by a Loan Party or any ERISA Affiliate from the PBGC or a plan administrator
of any notice relating to an intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan, or to an intention
to terminate or to appoint a trustee to administer any plan or plans in respect of which such Loan Party or ERISA Affiliate would be deemed
to be an employer under Section 4069 of ERISA; (g) the incurrence by a Loan Party or any ERISA Affiliate of any liability with
respect to the withdrawal or partial withdrawal from any Multiemployer Plan; (h) the receipt by a Loan Party or any ERISA Affiliate
of any notice, or the receipt by any Multiemployer Plan from a Loan Party or any ERISA Affiliate of any notice, concerning the imposition
of Withdrawal Liability, or the failure of a Loan Party or any ERISA Affiliate to pay when due, after the expiration of any applicable
grace period, any installment payment with respect to any Withdrawal Liability; or (i) the withdrawal of a Loan Party or any ERISA
Affiliate from a 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.

 

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“Escrowed Proceeds”
means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow
agent on the date of the applicable offering or incurrence pursuant to escrow arrangements that permit the release of amounts on deposit
in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds”
shall include any interest earned on the amounts held in escrow.

 

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

 

“Eurodollar”
when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans
comprising such Borrowing, are bearing interest at a rate determined
by reference to the Adjusted LIBO Rate.

 

“Event of Default”
has the meaning assigned to such term in Section 7.01.

 

“Excess Cash Flow”
means, for any period, an amount equal to the excess of:

 

(a)           the
sum, without duplication, of:

 

(i)            Consolidated
Net Income for such period,

 

(ii)           an
amount equal to the amount of all Non-Cash Charges to the extent deducted in arriving at such Consolidated Net Income,

 

(iii)          decreases
in Consolidated Working Capital, and

 

(iv)          an
amount equal to the aggregate net non-cash loss on dispositions by Holdings and its Restricted Subsidiaries during such period (other
than dispositions in the ordinary course of business) to the extent deducted in arriving at such Consolidated Net Income; less

 

(b)           the
sum, without duplication, of:

 

(i)            an
amount equal to the amount of all non-cash credits included in arriving at such Consolidated Net Income (including any amounts included
in Consolidated Net Income of proceeds received or due from business interruption insurance or reimbursement of expenses and charges pursuant
to indemnification and other reimbursement provisions in connection with any acquisition or other Investment or any disposition of any
asset permitted under this Agreement to the extent such amounts are due but not received during such period) and cash charges, expenditures
and losses added to (or excluded from the determination of) Consolidated Net Income pursuant to clauses (a) through (j) of the
definition of “Consolidated Net Income” (other than cash charges in respect of Transaction Costs paid on or about the Effective
Date to the extent financed with the proceeds of long-term Indebtedness incurred on the Effective Date),

 

    41

     

    

 

(ii)           without
duplication of amounts deducted pursuant to clause (xii) below in prior fiscal years, the amount of capital expenditures and intellectual
property development expenditures made in cash or accrued during such period, except to the extent that such expenditures were financed
with the proceeds of long-term Indebtedness of Holdings and its Restricted Subsidiaries,

 

(iii)          the
aggregate amount of all principal payments of Indebtedness (including (1) the principal component of payments in respect of Capitalized
Leases and (2) the amount of any mandatory prepayment of Loans to the extent required due to a Disposition that resulted in an increase
to Consolidated Net Income and not in excess of the amount of such increase, but excluding all other prepayments of Term Loans or other
Senior Secured First Lien Indebtedness and all prepayments of revolving loans (including Revolving Loans (except to the extent the prepayment
thereof reduces the Borrower’s prepayment obligation pursuant to clause (i) of the proviso to the first sentence of Section 2.11(d))
made during such period, other than (A) in respect of any revolving credit facility except to the extent there is an equivalent permanent
reduction in commitments thereunder and (B) to the extent financed with the proceeds of other long-term Indebtedness of Holdings
or its Restricted Subsidiaries)),

 

(iv)          an
amount equal to the aggregate net non-cash gain on dispositions by Holdings and its Restricted Subsidiaries during such period (other
than dispositions in the ordinary course of business) to the extent included in arriving at such Consolidated Net Income,

 

(v)           increases
in Consolidated Working Capital for such period,

 

(vi)         cash
payments by Holdings and its Restricted Subsidiaries during such period in respect of long-term liabilities of Holdings and its Restricted
Subsidiaries other than Indebtedness,

 

(vii)        without
duplication of amounts deducted pursuant to clause (xii) below in prior fiscal years, the amount of Investments (other than Investments
in Permitted Investments) and acquisitions made in accordance with Section 6.04 (other than Investments pursuant to Section 6.04(a),
(c), (e)(ii), (g), (k), (o), (p), (q) or (hh)) to the extent that such Investments and acquisitions were not financed with the proceeds
of long-term Indebtedness of Holdings or its Restricted Subsidiaries,

 

(viii)        the
amount of dividends and other Restricted Payments (including the amount of Tax Distributions made by the Borrower during such period or
payable after such period in respect of income generated during such period) pursuant to Section 6.07(a) (other than pursuant
to Section 6.07(a)(i), (a)(ii), (a)(vi), (a)(viii), (a)(xiii), (a)(xv) or (a)(xvii)), in each case to the extent not deducted
in arriving at Consolidated Net Income) and paid in cash during such period or payable in respect of such period, to the extent such dividends
and Restricted Payments were not financed with the proceeds of long-term Indebtedness of Holdings or its Restricted Subsidiaries; provided
that any amount deducted for such 

 

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period in respect of amounts payable during a subsequent period shall not be deducted in any subsequent
period and, to the extent not actually paid during such subsequent period, shall be added to Excess Cash Flow for such subsequent period;

 

(ix)          the
aggregate amount of payments and expenditures actually made by Holdings and its Restricted Subsidiaries in cash during such period (including
expenditures for the payment of financing fees and restructuring charges) to the extent that such payments and expenditures are not expensed
during such period,

 

(x)           cash
payments by Holdings and its Restricted Subsidiaries during such period in respect of Non-Cash Charges included in the calculation of
Consolidated Net Income in any prior period,

 

(xi)          the
aggregate amount of any premium, make-whole or penalty payments actually paid in cash by Holdings and its Restricted Subsidiaries during
such period that are required to be made in connection with any prepayment of Indebtedness, in each case to the extent not deducted in
determining Consolidated Net Income,

 

(xii)         at
the option of the Administrative Borrower, and without duplication of amounts deducted from Excess Cash Flow in prior periods, (1) the
aggregate consideration required to be paid in cash by the Borrower or any of the Restricted Subsidiaries pursuant to binding contracts,
commitments, letters of intent or purchase orders (the “Contract Consideration”), in each case, entered into prior
to or during such period, or at the option of the Administrative Borrower, after the applicable period and prior to the applicable Excess
Cash Flow due date, and (2) to the extent set forth in a certificate of a Financial Officer delivered to the Administrative Agent
at or before the time the Compliance Certificate for the period ending simultaneously with such Test Period is required to be delivered
pursuant to Section 5.01(d) (which shall be satisfied if such certification is included in the Compliance Certificate), the
aggregate amount of cash that is reasonably expected to be paid in respect of planned cash expenditures by the Borrower or any of the
Restricted Subsidiaries (the “Planned Expenditures”), in the case of each of clauses (1) and (2), relating to
Permitted Acquisitions, other Investments (other than Investments in Permitted Investments pursuant to Section 6.04(a) and Investments
pursuant to Section 6.04(a), (c), (e)(ii), (g), (k), (o), (p), (q) or (hh)), restructuring charges, or capital expenditures
(including Capitalized Software Expenditures or other purchases or development of Intellectual Property) to be consummated or made during
a subsequent Test Period (and in the case of Planned Expenditures, the immediately succeeding fiscal year); provided, that to the
extent the aggregate amount of internally generated cash actually utilized to finance such Permitted Acquisitions, Investments, restructuring
charges or capital expenditures during such Test Period is less than the Contract Consideration and Planned Expenditures, the amount of
such shortfall shall be added to the calculation of Excess Cash Flow at the end of such Test Period,

 

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(xiii)        the
amount of taxes (including penalties and interest) paid in cash and/or tax reserves set aside or payable (without duplication) in such
period to the extent they exceed the amount of tax expense deducted in determining Consolidated Net Income for such period, and

 

(xiv)        cash
payments by Holdings and its Restricted Subsidiaries during such period in respect of the Tax Receivable Agreement, and

 

(xv)         the
aggregate amount of Transaction Costs incurred during such period.

 

“Excess Cash Flow Period”
means each fiscal year of the Borrower (commencing with the first full fiscal year ended after the Effective Date), but in all cases for
purposes of calculating the Cumulative Retained Excess Cash Flow Amount shall only include such fiscal years (or other period) for which
any prepayments required by Section 2.11(d) (if any) have been made (it being understood that the Retained Percentage of Excess
Cash Flow for any Excess Cash Flow Period shall be included in the Cumulative Retained Excess Cash Flow Amount, if positive, regardless
of whether a prepayment is required by Section 2.11(d)).

 

“Exchange Act”
means the United States Securities Exchange Act of 1934, as amended from time to time.

 

“Exchange Rate”
means, on any day, for purposes of determining the Dollar Amount of any currency, the currency exchange rate at which such other currency
may be exchanged into Dollars at the time of determination based on such rate in effect on the First Business Day of the Fiscal Quarter
of Holdings in which such determination occurs or in respect of which such determination is made, for the most recently ended fiscal month
of Holdings, as reasonably determined in good faith by the Borrower based on commonly used financial reporting sources; provided
further that, if an amount that is to otherwise be converted using the foregoing methodology has been hedged, swapped or otherwise effectively
converted into another currency pursuant to a Swap Agreement to which any Loan Party is a party, the currency exchange rate so utilized
for that amount shall be as set forth in such Swap Agreement (copies of which shall be made available to the Administrative Agent upon
request).

 

“Excluded Affiliates”
means any employees of (a) any Affiliate of any Joint Lead Arranger that are engaged as principals primarily in private equity, mezzanine
financing or venture capital transactions and (b) any Joint Lead Arranger engaged directly or indirectly in the sale of the Acquired
Companies as representatives of the Acquired Companies (other than, in the case of clauses (a) and (b) above, (x) such
employees that are required, in accordance with industry regulations or such Joint Lead Arranger’s (or its Affiliate’s) internal
policies and procedures, to act in a supervisory capacity or (y) such Joint Lead Arranger’s (or its Affiliate’s) internal
legal, compliance, risk management, credit or investment committee members).

 

“Excluded Assets”
means (a) any fee-owned real property that is not Material Real Property and all leasehold (including ground lease) interests in
real property (including requirements to deliver landlord lien waivers, estoppels, consents and collateral access letters), (b) motor
vehicles, airplanes and other assets subject to certificates of title or ownership, (c) letter of 

 

    44

     

    

 

credit rights (except to the
extent constituting supporting obligations (as defined under the UCC) in which a security interest can be perfected with the filing of
a UCC-1 financing statement), (d) commercial tort claims with a value, as reasonably determined by the Borrower in good faith, of
less than $10,000,000, (e) Excluded Equity Interests, (f) any lease, contract, license, permit, sublicense, other agreement
or document, government approval, charter, authorization or franchise (and any asset subject to such agreement or arrangement) with any
Person if, to the extent and for so long as, the grant of a Lien thereon to secure the Secured Obligations would require the consent
of a third party (unless such consent has been received) or violate or invalidate, constitute a breach of or a default under, or create
a right of termination in favor of any party (other than any Loan Party or Restricted Subsidiary) to, such lease, contract, license,
permit, sublicense, other agreement or document, government approval, charter, authorization or franchise (but after giving effect to
the applicable anti-non-assignment provisions of the Uniform Commercial Code, or any other applicable Requirements of Law) in each case
excluding the proceeds and receivables thereof which are not Excluded Assets, (g) any asset subject to a Lien of the type permitted
by Section 6.02(iv) (whether or not incurred pursuant to such Section) or a Lien permitted by Section 6.02(xi), in the
case of Liens permitted by Section 6.02(xi) if, to the extent and for so long as the grant of a Lien thereon to secure the
Secured Obligations constitutes a breach of or a default under, or creates a right of termination in favor of any party (other than any
Loan Party or Restricted Subsidiary) to, any agreement pursuant to which such Lien has been created or would otherwise require consent
thereunder (but after giving effect to the applicable anti-non-assignment provisions of the Uniform Commercial Code, or any other applicable
Requirements of Law), (h) any intent-to-use trademark applications filed in the United States Patent and Trademark Office, pursuant
to Section 1(b) of the Lanham Act, 15 U.S.C. Section 1051, prior to the accepted filing of a “Statement of Use”
and issuance of a “Certificate of Registration” pursuant to Section 1(d) of the Lanham Act or an accepted filing
of an “Amendment to Allege Use” whereby such intent-to-use trademark application is converted to a “use in commerce”
application pursuant to Section 1(c) of the Lanham Act and any other Intellectual Property in any jurisdiction where such pledge
or security interest would cause the impairment, invalidation or abandonment of such Intellectual Property under applicable law, (i) any
asset (including Equity Interests) if, to the extent and for so long as the grant of a Lien thereon to secure the Secured Obligations
is prohibited by any Requirements of Law, rule or regulation, contractual obligation existing on the Effective Date (or, if later,
the date the Person owning the asset becomes a Restricted Subsidiary, so long as the applicable contractual obligation was not entered
into in contemplation of such Person becoming a Restricted Subsidiary) or agreements with any Governmental Authority (other than to the
extent that any such prohibition would be rendered ineffective pursuant to the applicable anti-non-assignment provisions of the Uniform
Commercial Code, or any other applicable Requirements of Law) or which would require consent, approval, license or authorization from
any Governmental Authority or regulatory authority (provided that there shall be no requirement to obtain the consent of any governmental
authority or third party, including, without limitation, no requirement to comply with the Federal Assignment of Claims Act or any similar
statute), unless such consent, approval, license or authorization has been received, (j) margin stock (within the meaning of Regulation
U of the Board of Governors, as in effect from time to time) and pledges and security interests prohibited by applicable law, rule or
regulation or agreements with any Governmental Authority, (k) Securitization Assets, (l) cash and Permitted Investments (other
than cash and Permitted Investments representing proceeds of other “Collateral”), any Deposit Account (as defined in the
Collateral Agreement), Securities Account (as defined in the Collateral 

 

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Agreement), commodities account or similar account (including
securities entitlements and related assets) (except in each case to the extent perfected solely through the filing of a UCC financing
statement) and any other assets requiring perfection through control agreements or perfection by “control”, (m) other
than with respect to the pledge of Equity Interests by a Loan Party, any assets located or titled outside of such Loan Party’s
jurisdiction of organization, (n) any assets to the extent that the granting of a Lien thereon to secure the Secured Obligations
could reasonably be expected to result in adverse tax consequences or adverse regulatory consequences, in each case, other than de minimis
consequences and as reasonably determined by the Administrative Borrower in consultation with the Administrative Agent, (o) property
subject to a purchase money agreement, capital lease or similar arrangement to the extent creation of a security interest therein is
prohibited thereby or create a right of termination in favor of any other party thereto (other than a Loan Party or Restricted Subsidiary
of a Loan Party) or otherwise require consent thereunder; and (p) any assets with respect to which, in the reasonable judgment of
the Administrative Agent and the Administrative Borrower (as agreed to in writing), the cost or other consequences (including adverse
tax consequences) of pledging such assets shall be excessive in view of the benefits to be obtained by the Lenders therefrom.

 

“Excluded Equity Interests”
means Equity Interests in any (a) Unrestricted Subsidiary, (b) Immaterial Subsidiary, (c) Subsidiary of a Domestic Subsidiary
that is a CFC (except that up to 65% of the equity interests of any CFC that is owned directly and indirectly by Loan Parties that are
not CFCs, other than a U.S. Loan Party described in clause (e) of this definition of “Excluded Equity Interests,” shall
not be Excluded Equity Interests), (d) joint ventures and Non-Wholly Owned Subsidiaries, (e) any Domestic Subsidiary that has
no material assets other than the equity and/or debt of one or more CFCs and cash or cash equivalents (except that up to 65% of the equity
interests of any such Subsidiary shall not be Excluded Equity Interests), (f) not-for-profit Subsidiary, captive insurance company,
broker-dealer Subsidiary or special purpose securitization vehicle (or similar entity), including any Securitization Subsidiary.

 

“Excluded Information”
has the meaning assigned to such term in Section 2.11(a)(ii)(A).

 

“Excluded Subsidiary”
means (a) any Subsidiary that is not a Wholly Owned Subsidiary of Holdings, (b) each Subsidiary listed on Schedule 1.01, (c) any
Subsidiary that is prohibited by applicable law, rule or regulation, or by a contractual obligation existing on the Effective Date
or, if later, the date such Subsidiary first becomes a Restricted Subsidiary (but, in the case of a contractual obligation, to the extent
not incurred in contemplation of such Subsidiary becoming a Restricted Subsidiary), from guaranteeing the Secured Obligations or which
would require any governmental or regulatory consent, or third party consent, approval, license or authorization to do so, unless such
consent, approval, license or authorization has been obtained, (d) any Immaterial Subsidiary, (e) any Subsidiary to the extent
the provision of a Guarantee by such Subsidiary could reasonably be expected to result in adverse tax consequences (other than a de minimis
consequence) as reasonably determined by the Administrative Borrower in consultation with the Administrative Agent, (f) any Subsidiary
with respect to which, in the reasonable judgment of the Administrative Agent and the Borrower (as agreed in writing), the cost, burden
or other consequences of providing the Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom,
(g) any Subsidiary that is (or, if it were a Loan Party, would be) an “investment company” under the Investment Company
Act of 1940, as amended, (h)

 

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any not-for profit Subsidiaries, captive insurance companies, broker-dealer Subsidiaries, receivables subsidiaries
or other special purpose subsidiaries, (i) any Foreign Subsidiary, (j) any direct or indirect Subsidiary of a CFC that is a
direct or indirect Subsidiary of Holdings, the Borrower or any other Domestic Subsidiary), (k) any joint ventures, if any, (l) any
special purpose securitization vehicle (or similar entity), including any Securitization Subsidiary, (m) any Domestic Subsidiary
that has no material assets other than the equity and/or debt of one or more CFCs and cash or cash equivalents, (n) each Unrestricted
Subsidiary, (o) any Subsidiary for which the providing of a Guarantee could reasonably be expected to result in any violation or
breach of, or conflict with, fiduciary duties of such Subsidiary’s officers, directors (or other governing body) or managers, (p) any
Restricted Subsidiary acquired pursuant to a Permitted Acquisition (or other Investment not prohibited by this Agreement) financed with
Indebtedness permitted under Section 6.01 hereof as assumed Indebtedness and any Restricted Subsidiary thereof that Guarantees
such Indebtedness, in each case to the extent such Indebtedness prohibits such Subsidiary from becoming a Loan Guarantor and (q) any
other Subsidiary as mutually agreed in writing between the Administrative Agent and the Administrative Borrower; provided that
any Immaterial Subsidiary that is a signatory to any Collateral Agreement or the Guarantee Agreement shall be deemed not to be an Excluded
Subsidiary for purposes of this Agreement and the other Loan Documents unless the Administrative Borrower has otherwise notified the Administrative
Agent.

 

“Excluded Swap Obligation”
means, with respect to any Loan Guarantor at any time, any Secured Swap Obligation under any agreement, contract or transaction that constitutes
a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act, if, and to the extent that, all or a portion
of the guarantee of such Loan Guarantor of, or the grant by such Loan Guarantor of a security interest to secure, such Secured 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 Guarantor’s failure for
any reason to constitute an “eligible contract participant,” as defined in the Commodity Exchange Act (determined after giving
effect to any “Keepwell”, support or other agreement for the benefit of such Loan Guarantor, at the time such guarantee or
grant of a security interest becomes effective with respect to such related Secured Swap Obligation). If a Secured Swap Obligation arises
under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Secured Swap Obligation
that is attributable to swaps that are or would be rendered illegal due to such guarantee or security interest.

 

“Excluded Taxes”
means, with respect to the Administrative Agent, any Lender, any Issuing Bank or any other recipient of any payment to be made by or on
account of any obligation of any Loan Party hereunder or under any other Loan Document, (a) Taxes imposed on (or measured by) such
recipient’s net income (however denominated) and franchise Taxes imposed on it (in lieu of net income Taxes) by a jurisdiction (i) as
a result of such recipient being organized or having its principal office or, in the case of any Lender, its applicable lending office
in such jurisdiction, or (ii) that are Other Connection Taxes, (b) any branch profits tax imposed under Section 884(a) of
the Code, or any similar Tax, imposed by any jurisdiction described in clause (a) above, (c) any withholding Tax imposed
pursuant to FATCA, (d) any withholding Tax that is attributable to a Lender’s failure to comply with Section 2.17(f) and
(e) except in the case of an assignee pursuant to a request by the Administrative Borrower under Section 2.19 hereto, any withholding
Taxes imposed on amounts payable to a Lender pursuant to a Requirement of Law in 

 

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effect at the time such Lender becomes a party hereto
(or designates a new lending office), except to the extent that such Lender (or its assignor, if any) was entitled, at the time of designation
of a new lending office (or assignment), to receive additional amounts with respect to such withholding Tax under Section 2.17(a).

 

“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
thereto), any current or future Treasury regulations thereunder or other official administrative interpretations thereof, any agreements
entered into pursuant to current Section 1471(b)(1) of the Code as of the date of this Agreement (or any amended or successor
version described above) and any intergovernmental agreements implementing the foregoing or any treaty, regulation or law implementing
any such intergovernmental agreement.

 

“FCPA” has
the meaning specified in Section 3.16(a).

 

“Federal Funds Effective
Rate” means, for any day, the rate calculated by the Federal Reserve Bank of New York based on such day’s federal funds
transactions by depository institutions (as determined in such manner as the Federal Reserve Bank of New York shall set forth on its public
website from time to time) and published on the next succeeding Business Day by the Federal Reserve Bank of New York as the federal funds
effective rate; provided, that if the Federal Funds Effective Rate for any day is less than zero, the Federal Funds Effective Rate
for such day will be deemed to be zero.

 

“Fee Letter”
means the fee letter, dated as of April 10, 2017, among Parent and the Joint Lead Arrangers.

 

“Financial Officer”
means the chief financial officer, principal accounting officer, vice president
of treasury, finance or related operations, treasurer or,
corporate controller of Holdings or the Administrative Borrower, as applicable.

 

“Financial Performance
Covenant” means the covenant set forth in Section 6.11.

 

“Financing Transactions”
means (a) the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, (b) the
borrowing of Loans hereunder and the use of the proceeds thereof, (c) the issuance, amendment or extension of Letters of Credit hereunder
and the use of proceeds thereof and (d) the Equity Contribution.

 

“FIRREA”
means the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended.

 

“Flood Insurance Laws”
means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto,
(ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (iii) the National
Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, (iv) the Flood Insurance Reform
Act of 2004 as now or hereafter in effect or any successor statute thereto and (v) the Biggert-Waters Flood Insurance Reform Act
of 2012 as now or hereafter in effect or any successor statute thereto.

 

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“Floor”
means (x) in the case of the Initial Term Loans, a rate of interest equal to 0.50% and (y) in the case of the Revolving Loans,
a rate of interest equal to 0.00%.

 

“Foreign Lender”
means a Lender that is not a United States Person (as defined in Section 7701(a)(30) of the Code).

 

“Foreign Subsidiary”
means any Restricted Subsidiary of Holdings other than a Domestic Subsidiary.

 

“Fronting Exposure
Cap” means, with respect to each Issuing Bank, the product of (i) the Letter of Credit Sublimit multiplied by (ii) the
Applicable Percentage of such Issuing Bank (or its affiliated Revolving Lender). The initial amount of each Issuing Bank’s Fronting
Exposure Cap is set forth on Schedule 2.01.

 

“Funded Debt”
means all Indebtedness of Holdings and its Restricted Subsidiaries for borrowed money that matures more than one year from the date of
its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than
one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit
during a period of more than one year from such date, including Indebtedness in respect of the Loans.

 

“GAAP” means
generally accepted accounting principles in the United States of America, as in effect from time to time; provided, however,
that if the Administrative Borrower notifies the Administrative Agent that the Administrative Borrower requests an amendment to any provision
hereof to eliminate the effect of any change occurring after the Effective Date in GAAP or in the application thereof on the operation
of such provision (or if the Administrative Agent notifies the Administrative 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 change in GAAP or in the
application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change
shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. Notwithstanding
any other provision contained herein, (a) all terms of an accounting or financial nature used herein shall be construed, and all
computations of amounts and ratios referred to herein shall be made, without giving effect to any election under FASB Accounting Standards
Codification 825-Financial Instruments, or any successor thereto (including pursuant to the FASB Accounting Standards Codification), to
value any Indebtedness of any subsidiary at “fair value,” as defined therein and (b) the amount of any Indebtedness under
GAAP with respect to Capital Lease Obligations shall be determined in accordance with the definition of Capital Lease Obligations.

 

“Governmental Approvals”
means all authorizations, consents, approvals, permits, licenses and exemptions of, registrations and filings with, and reports to, Governmental
Authorities.

 

“Governmental Authority”
means the government of the United States of America, any other nation or any political subdivision thereof, whether federal, state, provincial,
territorial, local or otherwise, and any agency, authority, instrumentality, regulatory body, court, central bank 

 

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or other entity exercising
executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government in any jurisdiction
(including any supra national bodies such as the European Union or the European Central Bank).

 

“Guarantee”
of or by any Person (the “guarantor”) means any obligation, contingent or otherwise, of the guarantor guaranteeing
or having the economic effect of guaranteeing any Indebtedness of any other Person (the “primary obligor”) in any manner,
whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to purchase or pay (or advance
or supply funds for the purchase or payment of) such Indebtedness or to purchase (or to advance or supply funds for the purchase of) any
security for the payment thereof, (b) to purchase or lease property, securities or services for the purpose of assuring the owner
of such Indebtedness of the payment thereof, (c) to maintain working capital, equity capital or any other financial statement condition
or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or (d) as an account party in respect
of any letter of credit or letter of guaranty issued to support such Indebtedness; provided that the term Guarantee shall not include
endorsements for collection or deposit in the ordinary course of business or customary and reasonable indemnity obligations in effect
on the Effective Date or entered into in connection with any acquisition or disposition of assets 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 in good faith by a Financial Officer. The
term “Guarantee” as a verb has a corresponding meaning.

 

“Guarantee Agreement”
means the Master Guarantee Agreement among the Loan Parties and the Administrative Agent, substantially in the form of Exhibit B.

 

“Hazardous Materials”
means all explosive, radioactive, hazardous or toxic substances, wastes or other pollutants, including petroleum or petroleum by-products
or distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all
other hazardous or toxic substances, wastes, chemicals, pollutants, contaminants of any nature and in any form regulated pursuant to any
Environmental Law.

 

“Holdings”
has the meaning given to such term in the preliminary statements hereto.

 

“Holdings Parent”
means any direct or indirect parent company of Holdings.

 

“Holdings Parent Specified
Expenses” shall mean any charge, tax or expense incurred or accrued by any Holdings Parent during any period to the extent that
Holdings has made a Restricted Payment (or has made any Investment in lieu thereof pursuant to Section 6.04(l)) to any Holdings Parent
in respect thereof pursuant to Section 6.07(a)(vii), but in each case limited to the amount of such Restricted Payment or Investment.

 

“Identified Participating
Lenders” has the meaning assigned to such term in Section 2.11(a)(ii)(C)(3).

 

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“Identified Qualifying
Lenders” has the meaning specified in Section 2.11(a)(ii)(D)(3).

 

“Immaterial Subsidiary”
means any Subsidiary other than a Material Subsidiary.

 

“Incremental Cap”
means, as of any date of determination, the sum of (I)(a) the greater of (x) $70,000,000 and (y) 100% of Consolidated
EBITDA on a Pro Forma Basis as of the most recent Test Period then ended, minus amounts incurred prior to the date of determination
in respect of all Incremental Facilities and Incremental Equivalent Debt in each case, incurred and outstanding in reliance on this clause
(a), plus (b)(i) the aggregate principal amount of all Term Loans voluntarily prepaid pursuant to Section 2.11(a)(i),
(ii) the aggregate amount of all Term Loans repurchased and prepaid pursuant to Section 2.11(a)(ii) or otherwise in a
manner not prohibited by Section 9.04(g), (iii) all reductions of Revolving Commitments pursuant to Section 2.08(b) and
(iv) the aggregate principal amount of all Incremental Facilities and Incremental Equivalent Debt voluntarily prepaid or repurchased,
in each case prior to such date (other than, in each case, prepayments, repurchases and commitment reductions made with the proceeds
of the incurrence of Credit Agreement Refinancing Indebtedness or other long-term Indebtedness) (the sum of the amounts set forth in
this clause (b), the “Voluntary Prepayment Amount”, minus the amount of all Incremental Facilities and all
Incremental Equivalent Debt incurred and outstanding prior to the date of determination in reliance on this clause (b), plus (II) the
maximum aggregate principal amount that can be incurred without causing the Senior Secured First Lien Net Leverage Ratio, after giving
effect to the incurrence of any such Incremental Facility or Incremental Equivalent Debt (which shall assume that the full amount of
any Incremental Revolving Commitment Increase and Additional/Replacement Revolving Commitments being established at such time are fully
drawn and without deducting in calculating the numerator of such Senior Secured First Lien Net Leverage Ratio any cash proceeds thereof,
provided that to the extent the proceeds of any such Incremental Facility or Incremental Equivalent Debt are to be used to repay Indebtedness
it shall not limit the Borrower’s ability to give pro forma effect to such repayment and all other adjustments contemplated by
the definition of “Pro Forma Basis”) and the use of proceeds thereof, on a Pro Forma Basis (but without giving effect to
any simultaneous incurrence of any Incremental Facility or Incremental Equivalent Debt made pursuant to the foregoing clause (I)), (x) to
exceed 4.25 to 1.00 for the most recent Test Period ended or (y) in the case of incurrence of any such Incremental Facility or Incremental
Equivalent Debt in connection with a Permitted Acquisition or other similar permitted Investment, to increase immediately after giving
effect to such Permitted Acquisition or similar permitted Investment; provided, that in the case of an Incremental Facility or
Incremental Equivalent Debt that is secured by the Collateral on a junior lien basis to the Secured Obligations, in lieu of complying
with the Senior Secured First Lien Net Leverage Ratio set forth above in this clause (II), the Senior Secured Net Leverage Ratio, after
giving effect to the incurrence of such junior lien Incremental Facility or Incremental Equivalent Debt (without deducting in calculating
the numerator of such Senior Secured Net Leverage Ratio any cash proceeds thereof, provided that to the extent the proceeds of any such
Incremental Facility or Incremental Equivalent Debt are to be used to repay Indebtedness it shall not limit the Borrower’s ability
to give pro forma effect to such repayment and all other adjustments contemplated by the definition of “Pro Forma Basis”)
and the use of proceeds thereof, shall not (x) exceed 5.25 to 1.00 on a Pro Forma Basis for the most recent Test Period ended or
(y) in the case of incurrence of any such Incremental Facility or Incremental Equivalent Debt in connection with a Permitted Acquisition
or other similar permitted Investment, increase immediately after giving

 

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effect to such Permitted Acquisition or similar permitted Investment; provided, further,
that if such Incremental Facility or Incremental Equivalent Debt is unsecured, in lieu of complying with the Senior Secured First Lien
Net Leverage Ratio set forth above in this clause (II), the Total Net Leverage Ratio, after giving effect to the incurrence of such unsecured
Incremental Facility or Incremental Equivalent Debt (without deducting in calculating the numerator of such Total Net Leverage Ratio any
cash proceeds thereof, provided that to the extent the proceeds of any such Incremental Facility or Incremental Equivalent Debt are to
be used to repay Indebtedness it shall not limit the Borrower’s ability to give pro forma effect to such repayment and all other
adjustments contemplated by the definition of “Pro Forma Basis”) and the use of proceeds thereof, shall not (x) exceed
5.50 to 1.00 on a Pro Forma Basis for the most recent Test Period ended or (y) in the case of incurrence of any such Incremental
Facility or Incremental Equivalent Debt in connection with a Permitted Acquisition or other similar permitted Investment, increase immediately
after giving effect to such Permitted Acquisition or similar permitted Investment. Any ratio calculated for purposes of determining the
 “Incremental Cap” shall be calculated on a Pro Forma Basis for the most recent Test Period ended and subject to Section 1.06
to the extent applicable and, at the option of the Administrative Borrower, any unfunded Incremental Facility or Incremental Equivalent
Debt may be tested at the time of the initial funding in lieu of the time of establishment. Loans may be incurred under both clauses (I) and
(II), and proceeds from any such incurrence may be utilized in a single transaction by first calculating the incurrence under clause (II) above
and then calculating the incurrence under clause (I) above) (if any) and, for the avoidance of doubt, the Senior Secured First Lien
Net Leverage Ratio, Senior Secured Net Leverage Ratio or Total Net Leverage Ratio, as applicable, shall be permitted to exceed the maximum
ratio set forth in clause (II) above to the extent of such amounts incurred in reliance on clause (I) at substantially
the same time. Unless the Administrative Borrower otherwise elects in writing to the Administrative Agent, the Administrative Borrower
shall be deemed to have used amounts, if any, that are available under clause (II) above prior to the utilization of amounts under
clause (I) above. The Borrower may re-designate any such Indebtedness originally incurred in respect of clause (I) (whether
incurred under subclauses (a) or (b) thereof) as incurred in respect of clause (II) if, at the time of such re-designation,
the Borrower would be permitted to incur such Indebtedness under clause (II) in the aggregate principal amount of Indebtedness being
so re-designated (for purposes of clarity, with any such re-designation having the effect of increasing the Borrower’s ability to
incur Indebtedness in respect of clause (I) as of the date of such re-designation by the amount of such Indebtedness so re-designated).

 

“Incremental Equivalent
Debt” has the meaning assigned to such term in Section 6.01(a)(xxiii).

 

“Incremental Facility”
has the meaning assigned to such term in Section 2.20(a).

 

“Incremental Facility
Amendment” has the meaning assigned to such term in Section 2.20(d).

 

“Incremental Loan”
has the meaning assigned to such term in Section 2.20(a).

 

“Incremental Revolving
Commitment Increase” has the meaning assigned to such term in Section 2.20(a).

 

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“Incremental Term Facility”
has the meaning assigned to such term in Section 2.20(a).

 

“Incremental Term Increase”
has the meaning assigned to such term in Section 2.20(a).

 

“Incremental Term Loan”
means any Term Loan provided under any Incremental Facility.

 

“Indebtedness”
of any Person means, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such
Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or
other title retention agreements relating to property acquired by such Person, (d) all obligations of such Person in respect of the
deferred purchase price of property or services (excluding (x) trade accounts payable in the ordinary course of business, (y) any
earn-out obligation until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and if not paid
after being due and payable and (z) expenses accrued in the ordinary course of business), (e) all Indebtedness of others secured
by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property
owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (f) all Guarantees by such Person
of Indebtedness of others, (g) all Capital Lease Obligations of such Person, (h) all obligations, contingent or otherwise, of
such Person as an account party in respect of letters of credit and letters of guaranty and (i) all obligations, contingent or otherwise,
of such Person in respect of bankers’ acceptances; provided that the term “Indebtedness” shall not include (i) deferred
or prepaid revenue, deferred tax liabilities, liabilities associated with customer prepayments and deposits and any such obligations incurred
under ERISA and other accrued obligations (including transfer pricing), and customary obligations under employment agreements and deferred
compensation, (ii) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty, indemnity
or other unperformed obligations of the seller, or other contingent post-closing purchase price adjustments, non-compete or consulting
obligations, (iii) any obligations attributable to the exercise of appraisal rights and the settlement of any claims or actions (whether
actual, contingent or potential) with respect thereto, (iv) Indebtedness of any Person that is a Holdings Parent appearing on the
balance sheet of Holdings or the Borrower, or solely by reason of push down accounting under GAAP, or (v) for the avoidance of doubt,
any Qualified Equity Interests issued by Holdings or the Borrower. The Indebtedness of any Person shall include the Indebtedness of any
other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result
of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness
provide that such Person is not liable therefor. The amount of Indebtedness of any Person for purposes of clause (e) above shall
(unless such Indebtedness has been assumed by such Person) be deemed to be equal to the lesser of (A) the aggregate unpaid amount
of such Indebtedness and (B) the fair market value of the property encumbered thereby as determined by such Person in good faith.
For all purposes hereof, the Indebtedness of the Borrower and the Restricted Subsidiaries shall exclude intercompany liabilities arising
from their cash management, tax, and accounting operations and intercompany loans, advances or Indebtedness having a term not exceeding
364 days (inclusive of any rollover or extensions of terms) and made in the ordinary course of business.

 

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“Indemnified Taxes”
means all Taxes, other than Excluded Taxes and Other Taxes.

 

“Indemnitee”
has the meaning assigned to such term in Section 9.03(b).

 

“Information”
has the meaning assigned to such term in Section 9.12(a).

 

“Information Memorandum”
means the Confidential Information Memorandum dated June 1, 2017, relating to Holdings and the Transactions.

 

“Initial Administrative
Borrower” has the meaning given to such term in the preliminary statements hereto.

 

“Initial Borrowers”
has the meaning given to such term in the preliminary statements hereto.

 

“Initial Term Loans”
means the Loans made pursuant to Section 2.01(a).

 

“Intellectual Property”
has the meaning assigned to such term in the Collateral Agreement.

 

“Intellectual Property
Security Agreements” means short-form security agreements, suitable for filing with the United States Patent and Trademark Office
or the United States Copyright Office (as applicable), with respect to any U.S. federal applications, issuances and registrations for
Trademarks and Patents, any U.S. registrations of Copyrights and exclusive licenses of any U.S. registered Copyrights and, in each case,
that constitute Collateral.

 

“Intercompany License
Agreement” means any cost sharing agreement, commission or royalty agreement, license or sub-license agreement, distribution
agreement, services agreement, intellectual property rights transfer agreement or any related agreements, in each case where all the parties
to such agreement are one or more of Holdings or a Restricted Subsidiary.

 

“Intercreditor Agreement”
means the Pari Passu Intercreditor Agreement or the Junior Intercreditor Agreement, as applicable.

 

“Interest Election
Request” means a request by the Administrative Borrower to convert or continue a Revolving Borrowing or Term Borrowing in accordance
with Section 2.07.

 

“Interest Payment Date”
means (a) with respect to any ABR Loan (including a Swing Line Loan), the last Business Day of each March, June, September and
December and (b) with respect to any EurodollarSOFR
Loan, the last Business Day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a EurodollarSOFR
Borrowing with an Interest Period of more than three months’ duration, each day prior to the last day of such Interest Period that
occurs at intervals of three months’ duration after the first day of such Interest Period.

 

“Interest Period”
means, with respect to any EurodollarSOFR
Borrowing, the period commencing on the date such Borrowing is disbursed or converted to or continued as a

 

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EurodollarSOFR
Borrowing and ending on the date that is one, two, three or six months thereafter
as selected by the Administrative Borrower in its Borrowing Request (or, if available to each Lender
participating therein, twelve months or any shorter period as the Administrative Borrower may elect); provided
that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next
succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period
shall end on the next preceding Business Day, (b) any Interest Period that commences on the last Business Day of a calendar month
(or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the
last Business Day of the last calendar month at the end of such Interest Period and (c) no Interest Period shall extend beyond (i) in
the case of Term Loans, the Term Maturity Date and (ii) in the case of Revolving Loans or Swing Line Loans, the Revolving Maturity
Date. For purposes hereof, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be
the effective date of the most recent conversion or continuation of such Borrowing.

 

“Intermediate Parent”
means any Subsidiary of Holdings of which the Administrative Borrower is a subsidiary.

 

“Interpolated
Rate” means in relation to the “LIBO Rate” for any Loan, the rate which results from interpolating
on a linear basis between: (i) the rate displayed on pages LIBOR01 or LIBOR02 of the Thomson Reuters screen (or on any successor
or substitute page of such service) for the longest period (for which that rate is available) which is less than the Interest Period
and (ii) the rate displayed on pages LIBOR01 or LIBOR02 of the Thomson Reuters screen (or on any successor or substitute page of
such service) for the shortest period (for which that rate is available) which exceeds the Interest Period, each as of approximately 11:00
A.M., London, England time, two (2) Business Days prior to the commencement
of such Interest Period; provided
that the Interpolated Rate, if negative, shall be deemed to be
0.00%.

 

“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 or debt or other securities of another Person, (b) a loan, advance or capital contribution
to, Guarantee or assumption of Indebtedness of, or purchase or other acquisition of any other debt or equity participation or interest
in, another Person, including any partnership or joint venture interest in such other Person (excluding, in the case of Holdings and its
Subsidiaries (i) intercompany advances arising from their cash management, tax, and accounting operations and (ii) intercompany
loans, advances, or Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in
the ordinary course of business) or (c) the purchase or other acquisition (in one transaction or a series of transactions) of all
or substantially all of the property and assets or business of another Person or assets constituting a business unit, line of business
or division of such Person; provided that, in the event that any Investment is made by Holdings or any Restricted Subsidiary in any Person
through one or more other substantially concurrent interim transfers of any amount through any other Restricted Subsidiaries, then such
other substantially concurrent interim transfers shall be disregarded for purposes of Section 6.04. The amount, as of any date of
determination, of (a) any Investment in the form of a loan or an advance shall be the principal amount thereof outstanding on such
date, minus any cash payments actually received by such investor representing interest in respect of such Investment (to the extent
any such payment to be deducted does not exceed the remaining

 

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principal amount of such Investment
and without duplication of amounts increasing the Available Amount or the Available Equity Amount), but without any adjustment for write-downs
or write-offs (including as a result of forgiveness of any portion thereof) with respect to such loan or advance after the date thereof,
(b) any Investment in the form of a Guarantee shall be 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 in good faith by a Financial Officer, (c) any Investment in the form of a transfer of
Equity Interests or other non-cash property by the investor to the investee, including any such transfer in the form of a capital contribution,
shall be the fair market value (as determined in good faith by a Financial Officer) of such Equity Interests or other property as of
the time of the transfer, minus any payments actually received by such investor representing a return of capital of, or dividends
or other distributions in respect of, such Investment (to the extent such payments do not exceed, in the aggregate, the original amount
of such Investment and without duplication of amounts increasing the Available Amount or the Available Equity Amount), but without any
other adjustment for increases or decreases in value of, or write-ups, write-downs or write-offs with respect to, such Investment after
the date of such Investment, and (d) any Investment (other than any Investment referred to in clause (a), (b) or (c) above)
by the specified Person in the form of a purchase or other acquisition for value of any Equity Interests, evidences of Indebtedness or
other securities of any other Person shall be the original cost of such Investment (including any Indebtedness assumed in connection
therewith), plus (i) the cost of all additions thereto and minus (ii) the amount of any portion of such Investment
that has been repaid to the investor in cash as a repayment of principal or a return of capital, and of any cash payments actually received
by such investor representing interest, dividends or other distributions in respect of such Investment (to the extent the amounts referred
to in clause (ii) do not, in the aggregate, exceed the original cost of such Investment plus the costs of additions thereto and
without duplication of amounts increasing the Available Amount or the Available Equity Amount), but without any other adjustment for
increases or decreases in value of, or write-ups, write-downs or write-offs with respect to, such Investment after the date of such Investment.
For purposes of Section 6.04, if an Investment involves the acquisition of more than one Person, the amount of such Investment shall
be allocated among the acquired Persons in accordance with GAAP; provided that pending the final determination of the amounts
to be so allocated in accordance with GAAP, such allocation shall be as reasonably determined by a Financial Officer.

 

“Investor”
means a holder of Equity Interests in PubCo (or any direct or indirect parent thereof) immediately after giving effect to the Transactions.

 

“ISP” means,
with respect to any standby Letter of Credit, the “International Standby Practices 1998” published by the Institute of International
Banking Law & Practice, Inc. (or such later version thereof as may be reasonably acceptable to the applicable Issuing Bank
and in effect at the time of issuance of such Letter of Credit).

 

“Issuing Bank”
means each of (a) each Revolving Lender as of Effective Date and (b) each Revolving Lender that shall have become an Issuing
Bank hereunder as provided in Section 2.05(k) (other than any Person that shall have ceased to be an Issuing Bank as provided
in Section 2.05(l)), each in its capacity as an issuer of Letters of Credit hereunder. Each Issuing Bank may, in its discretion,
arrange for one or more Letters of Credit to be issued by Affiliates or 

 

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branches of such Issuing Bank, in which case the term “Issuing
Bank” shall include any such Affiliate or such branch with respect to Letters of Credit issued by such Affiliate or such branch.

 

“Joint Lead Arranger”
means each of Barclays Bank PLC and Goldman Sachs Bank USA, each in their capacity as joint lead arranger and joint bookrunner, and any
permitted successors and assigns of the foregoing.

 

“Judgment Currency”
has the meaning assigned to such term in Section 9.17.

 

“Junior Financing”
means (a) any Indebtedness (other than (i) any permitted intercompany Indebtedness owing to Holdings, any Intermediate Parent,
the Borrower or any Restricted Subsidiary or any Permitted Unsecured Refinancing Debt or (ii) any Indebtedness in an aggregate principal
amount not exceeding $20,000,000) that is subordinated in right of payment to the Loan Document Obligations and (b) any Permitted
Refinancing in respect of the foregoing.

 

“Junior Intercreditor
Agreement” means the Junior Intercreditor Agreement substantially in the form of Exhibit E-2 among the Administrative Agent
and one or more Senior Representatives for holders of Indebtedness permitted by this Agreement to be secured by the Collateral on a junior
basis, with such modifications thereto as the Administrative Agent and the Administrative Borrower may reasonably agree.

 

“Latest Maturity Date”
means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time,
including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other
Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

 

“LC Disbursement”
means an honoring of a drawing by an Issuing Bank pursuant to a Letter of Credit.

 

“LC Exposure”
means, at any time, the sum of (a) the aggregate amount of all Letters of Credit that remains available for drawing at such time
and (b) the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time.
The LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total LC Exposure at such time. For all
purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn
thereunder by reason of the operation of Rule 3.13 or 3.14 of the ISP or for any Letter of Credit issued with the exclusion
of Article 36 of the UCP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available
to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of
such Letter of Credit in effect at such time; provided that with respect to any Letter of Credit that, by its terms or the terms
of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter
of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether
or not such maximum stated amount is in effect at such time.

 

“LCT Election”
has the meaning assigned to such term in Section 1.06.

 

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“LCT Test Date”
has the meaning assigned to such term in Section 1.06.

 

“Lenders”
means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and
Assumption, an Incremental Facility Amendment, a Loan Modification Agreement or a Refinancing Amendment, in each case, other than any
such Person that ceases to be a party hereto pursuant to an Assignment and Assumption, and, as the context requires, the Swing Line Lender.

 

“Letter of Credit”
means any letter of credit issued pursuant to this Agreement other than any such letter of credit that shall have ceased to be a “Letter
of Credit” outstanding hereunder pursuant to Section 9.05.

 

“Letter of Credit Request”
has the meaning assigned to such term in Section 2.05(b).

 

“Letter of Credit Sublimit”
means $30,000,000.

 

“LIBO
Rate” means, for any Interest Period with respect to a Eurodollar
Borrowing denominated in Dollars or any Alternative Currency, the rate per annum equal to (i) the
London interbank offered rate administered by ICE Benchmark Administration Limited (or such other commercially available source providing
quotations of that rate as may be designated by the Administrative Agent from time to time, including any Person that takes over administration
of the rate) displayed on pages LIBOR01 or LIBOR02 of the Thomson Reuters screen (or on the appropriate page of such other information
service which publishes that rate from time to time in place of Thomson Reuters) at approximately 11:00 a.m., London, England time, two
(2) London Banking Days prior to the commencement of such Interest Period, for deposits in the relevant currency (for delivery on
the first day of such Interest Period) with a term equivalent to such Interest Period or (ii) if such published rate is not available
at such time for any reason, then the “LIBO Rate” for such Interest Period shall be the Interpolated Rate; provided
that the LIBO Rate, if negative, shall be deemed to be 0.00%.

 

“Lien” means,
with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, assignment by way of security, encumbrance,
charge or security interest in, on or of such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement,
capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing)
relating to such asset.

 

“Limited Condition
Transaction” means any investment or acquisition, including by way of merger or amalgamation or repayment of Indebtedness that
requires an irrevocable prepayment or redemption notice, by Holdings, the Borrower or any Restricted Subsidiary, in each case, not prohibited
by this Agreement whose consummation is not conditioned upon the availability of, or on obtaining, third party financing.

 

“Loan Document Obligations”
means with respect to the Initial Borrowers, and following the consummation of the Acquisition, the Borrower, the due and punctual payment
by the Initial Borrowers, and following the consummation of the Acquisition, the Borrower of (i) the principal of the Loans and LC
Disbursements, and all accrued and unpaid interest thereon at the applicable rate or rates provided in this Agreement (including interest
accruing during the

 

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pendency of any bankruptcy,
insolvency, examinership, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when
and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary
obligations of the Initial Borrowers, and following the consummation of the Acquisition, the Borrower, under or pursuant to this Agreement
and each of the other Loan Documents, including obligations to pay fees, expenses, reimbursement obligations and indemnification obligations
and obligations to provide cash collateral, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations
incurred during the pendency of any bankruptcy, insolvency, examinership, receivership or other similar proceeding, regardless of whether
allowed or allowable in such proceeding); provided that for the avoidance of doubt, the “Loan Document Obligations”
of any Loan Party shall not include any Excluded Swap Obligation of such Loan Party.

 

“Loan Documents”
means this Agreement, any Refinancing Amendment, any Modification Agreement, any Incremental Facility Amendment, the Guarantee Agreement,
the Collateral Agreement, the other Security Documents, any Letter of Credit, any Intercreditor Agreement (if applicable), except for
purposes of Section 9.02, any Note delivered pursuant to Section 2.09(e), and any other document entered into or delivered by
a Loan Party in connection with the foregoing and designated by the Administrative Borrower as a Loan Document therein for purposes of
this Agreement.

 

“Loan Guarantors”
means Holdings, any Intermediate Parent and the Subsidiary Loan Parties, in each case to the extent such entity provides a guaranty of
the Secured Obligations.

 

“Loan Modification
Agreement” means a Loan Modification Agreement, among the Borrower, and one or more Accepting Lenders, and acknowledged by the
Administrative Agent, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are
contemplated by Section 2.24.

 

“Loan Modification
Offer” has the meaning specified in Section 2.24(a).

 

“Loan Parties”
means the Loan Guarantors and the Borrower.

 

“Loans” means
the loans made by the Lenders to the Borrower pursuant to this Agreement.

 

“London
Banking Day” means any day on
which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

 

“Majority in Interest”,
when used in reference to Lenders of any Class, means, at any time, (a) in the case of the Revolving Lenders, Lenders having Revolving
Exposures and unused Revolving Commitments representing more than 50% of the sum of the aggregate Revolving Exposures and the unused aggregate
Revolving Commitments at such time and (b) in the case of the Term Lenders of any Class, Lenders holding outstanding Term Loans of
such Class representing more than 50% of all Term Loans of such Class outstanding at such time; provided that whenever
there are one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures of, and the unused Revolving Commitments
of, each Defaulting Lender shall be excluded for purposes of making a determination of the Majority in Interest.

 

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“Master Agreement”
has the meaning assigned to such term in the definition of “Swap Agreement.”

 

“Material Adverse Effect”
means (i) on the Effective Date, an ATK Material Adverse Effect and (ii) after the Effective Date, any
event, circumstance or condition that has had a material and adverse effect on (a) the business, results of operations or financial
condition of the Loan Parties and their Restricted Subsidiaries, taken as a whole or (b) material rights
and remedies (taken as a whole) of the Administrative Agent, the Collateral Agent, the Swing Line Lender, the Issuing Banks and
the Lenders under the Loan Documents.

 

“Material Indebtedness”
means Indebtedness for borrowed money (other than the Loan Document Obligations), Capital Lease Obligations, unreimbursed obligations
for letter of credit drawings and financial guarantees (other than ordinary course of business contingent reimbursement obligations) or
obligations in respect of one or more Swap Agreements, of any one or more of Holdings and its Restricted Subsidiaries in an aggregate
principal amount exceeding $20,000,000. For purposes of determining Material Indebtedness, the “principal amount” of the obligations
in respect of any Swap Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the
Borrower or such Restricted Subsidiary would be required to pay if such Swap Agreement were terminated at such time.

 

“Material Non-Public
Information” means (a) if Holdings is a public reporting company, material non-public information with respect to Holdings
or its Subsidiaries, or the respective securities of any of the foregoing, and (b) if Holdings is not a public reporting company,
information that is (i) of a type that would not be publicly available if Holdings were a public reporting company and (ii) material
with respect to Holdings or its Subsidiaries or any of their respective securities for purposes of United States Federal and state and
applicable foreign securities laws.

 

“Material Real Property”
means any real property (including fixtures) located in the United States of America and owned in fee by any Loan Party with a fair market
value, as reasonably determined by the Administrative Borrower in good faith, greater than or equal to $5,000,000.

 

“Material Subsidiary”
means each Intermediate Parent or Wholly Owned Restricted Subsidiary that, as of the last day of the fiscal quarter of Holdings most recently
ended, had net revenues or total assets for such quarter in excess of 3.0% of the consolidated net revenues or consolidated total assets
of Holdings and its Restricted Subsidiaries for such quarter; provided that in the event that the Immaterial Subsidiaries, taken
together, had as of the last day of the fiscal quarter of Holdings’ most recently ended net revenues or total assets in excess of
7.5% of the consolidated net revenues or consolidated total assets of Holdings and its Restricted Subsidiaries for such quarter, as applicable,
the Administrative Borrower shall designate in writing one or more Immaterial Subsidiaries to be a Material Subsidiary within 10 Business
Days of the delivery of financial statements in accordance with Section 5.01(a) or (b) as may be necessary such that the
foregoing 7.5% limit shall not be exceeded, and any such Subsidiary shall thereafter be deemed to be an Material Subsidiary hereunder
and shall comply with the requirements set forth in Section 5.11 within the time periods set forth therein; provided further
that the Administrative Borrower 

 

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may re-designate Material Subsidiaries as Immaterial Subsidiaries so long as the Borrower is in compliance
with the foregoing.

 

“Maximum Rate”
has the meaning assigned to such term in Section 9.16.

 

“Minimum Equity Contribution
Percentage” means an aggregate amount of Equity Contribution that is not less than 50% of the sum of the total consolidated
Pro Forma third party debt for borrowed money and equity of PubCo on the Effective Date after giving effect to the Transactions (excluding
the proceeds of any loans incurred thereunder to fund original issue discount or upfront fees as a result of the application of the “market
flex” provisions set forth in the Fee Letter and amounts under the Revolving Loans for working capital or Letters of Credit).

 

“Moody’s”
means Moody’s Investors Service, Inc. and any successor to its rating agency business.

 

“Mortgage”
means a mortgage or deed of trust granting a Lien on any Mortgaged Property in favor of the Collateral Agent for the benefit of the Secured
Parties to secure the Secured Obligations, as the same may be amended, amended and restated, supplemented or otherwise modified from time
to time. Each Mortgage shall be in form and substance reasonably satisfactory to the Administrative Agent and the Borrower.

 

“Mortgaged Property”
means each parcel of Material Real Property with respect to which a Mortgage will (or is required to be) be granted pursuant to the Collateral
and Guarantee Requirement, Section 5.11, Section 5.12 or Section 5.14 (if any).

 

“Multiemployer Plan”
means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

 

“Net Proceeds”
means, with respect to any event, (a) the proceeds received in respect of such event in cash or Permitted Investments, including
(i) any cash or Permitted Investments received in respect of any non-cash proceeds (including any cash payments received by way
of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment or earn-out, but excluding
any interest payments), but only as and when received, (ii) in the case of a casualty, insurance proceeds that are actually received,
and (iii) in the case of a condemnation or similar event, condemnation awards and similar payments that are actually received, minus
(b) the sum of (i) all fees and out-of-pocket expenses paid by Holdings, any Intermediate Parent, the Borrower and any
Restricted Subsidiaries in connection with such event (including attorney’s fees, investment banking fees, survey costs, title
insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, underwriting discounts
and commissions, other customary expenses and brokerage, consultant, accountant and other customary fees), (ii) in the case of a
sale, transfer or other disposition of an asset (including pursuant to a sale and leaseback transaction or a casualty or a condemnation
or similar proceeding), (x) the amount of all payments that are permitted hereunder and are made by Holdings, any Intermediate Parent,
the Borrower and the Restricted Subsidiaries as a result of such event to repay Indebtedness (other than the Loans) secured by such asset
or otherwise subject to mandatory prepayment as a result of such event, (y) the pro rata portion of net cash proceeds thereof (calculated
without regard to this clause (y)) attributable to minority interests and not

 

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available for distribution to or for the account of Holdings, any Intermediate
Parent, the Borrower or the Restricted Subsidiaries as a result thereof and (z) the amount of any liabilities directly associated
with such asset and retained by the Borrower or any Restricted Subsidiary and (iii) the amount of all taxes paid (or reasonably estimated
to be payable), the amount of dividends and other restricted payments that Holdings, any Intermediate Parent, the Borrower and/or its
Restricted Subsidiaries may make pursuant to Section 6.07(a)(vii)(A) or (B) as a result of such event, and the amount of
any reserves established by Holdings, any Intermediate Parent, the Borrower and the Restricted Subsidiaries to fund contingent liabilities
reasonably estimated to be payable, that are directly attributable to such event, provided that any reduction at any time in the
amount of any such reserves (other than as a result of payments made in respect thereof) shall be deemed to constitute the receipt by
the Borrower at such time of Net Proceeds in the amount of such reduction.

 

“New Project”
shall mean (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial
modernization of an existing facility, branch or office owned by Holdings or its Subsidiaries which in fact commences operations and (b) each
creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each
expansion (in one or a series of related transactions) of business into a new market.

 

“Non-Accepting Lender”
has the meaning assigned to such term in Section 2.24(c).

 

“Non-Cash Charges”
means (a) any impairment charge or asset write-off or write-down related to intangible assets (including goodwill), long-lived assets,
and Investments in debt and equity securities pursuant to GAAP, (b) all losses from Investments recorded using the equity method,
(c) all Non-Cash Compensation Expenses, (d) depreciation and amortization including amortization or impairment of intangibles
(including goodwill) (including, without limitation, as they relate to amortization of deferred financing fees or costs, Capitalized Software
Expenditures and amortization of unrecognized prior service costs and actuarial gains and losses related to pension and other post-employment
benefits) and (f) other non-cash charges, expenses and losses, including, without limitation, any non-cash translation loss and non-cash
expense relating to the vesting of warrants, non-cash asset write-offs or write-downs, non-cash asset retirement costs and expenses, non-cash
write offs of debt discounts and debt incurrences, non-cash costs and commissions, non-cash discounts and other non-cash fees and charges
with respect to Indebtedness, interest rate protection and other Hedging Agreements, provided, in each case, that if any non-cash
charges added back pursuant to clause (iii) of the definition of Consolidated EBITDA represent an accrual or reserve for potential
cash items in any future period to the extent the Borrower elects to include such non-cash charges, the cash payment in respect thereof
in such future period shall be subtracted from Consolidated EBITDA to such extent.

 

“Non-Cash Compensation
Expense” means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based
awards and similar incentive based compensation awards or arrangements.

 

“Non-Consenting Lender”
has the meaning assigned to such term in Section 9.02(c).

 

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“Non-Refinancing Lender”
has the meaning assigned to such term in Section 2.21(b).

 

“Non-Wholly Owned Subsidiary”
of any Person means any subsidiary of such Person other than a Wholly Owned Subsidiary.

 

“Not Otherwise Applied”
means, with reference to the Available Amount or the Available Equity Amount, as applicable, that such amount was not previously applied
pursuant to Sections 6.01(a)(xvii), 6.04(m), 6.07(a)(viii) and 6.07(b)(iv).

 

“Note” means
a promissory note of the Borrower, in substantially the form of Exhibit O, payable to a Lender in a principal amount equal to the
principal amount of the Revolving Commitment or Term Loans, as applicable, of such Lender.

 

“OFAC” means
the Office of Foreign Assets Control of the U.S. Department of the Treasury.

 

“Offered Amount”
has the meaning assigned to such term in Section 2.11(a)(ii)(D)(1).

 

“Offered Discount”
has the meaning assigned to such term in Section 2.11(a)(ii)(D)(1).

 

“Organizational Documents”
means, with respect to any Person, the charter, articles or certificate of organization or incorporation and bylaws or other organizational,
constitutional or governing documents of such Person (including any certificates of incorporation and/or certificates of incorporation
on a change of name).

 

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

 

“Other Revolving Commitments”
means one or more Classes of Revolving Commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment
or a Loan Modification Agreement.

 

“Other Revolving Loans”
means one or more classes of Revolving Loans made pursuant to any Other Revolving Commitment or a Loan Modification Agreement.

 

“Other Taxes”
means any and all present or future recording, stamp, registration duties, documentary, excise, transfer, sales, property or similar Taxes,
charges or levies arising from any payment made under any Loan Document or from the execution, delivery or enforcement of, or otherwise
with respect to, any Loan Document.

 

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“Other Term Commitments”
means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment or a Loan Modification Agreement.

 

“Other Term Loans”
means one or more Classes of Term Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

 

“Parent”
has the meaning assigned to such term in the preliminary statements hereto.

 

“Parent Merger”
means the merger of Parent Merger Sub with and into Parent, with Parent surviving such merger.

 

“Parent Merger Sub”
has the meaning assigned to such term in the preliminary statements hereto.

 

“Pari Passu Intercreditor
Agreement” means the Pari Passu Intercreditor Agreement substantially in the form of Exhibit E-1 among the Administrative
Agent and one or more Senior Representatives for holders of Indebtedness permitted by this Agreement to be secured by the Collateral on
a pari passu basis (but without regard to the control of remedies), with such modifications thereto as the Administrative Agent and the
Borrower may reasonably agree.

 

“Participant”
has the meaning assigned to such term in Section 9.04(c)(i).

 

“Participant Register”
has the meaning assigned to such term in Section 9.04(c)(ii).

 

“Participating Lender”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(2).

 

“Patent”
has the meaning assigned to such term in the Collateral Agreement.

 

“Payment”
has the meaning assigned to such term in Section 9.21(a).

 

“Payment
Notice” has the meaning assigned to such term in Section 9.21(b).

 

“PBGC” means
the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.

 

“Periodic
Term SOFR Determination Day” has the meaning specified in the definition of “Term SOFR”.

 

“Permitted Acquisition”
means the purchase or other acquisition, by merger, amalgamation, consolidation or otherwise, by Holdings, Borrower or any Subsidiary
of any Equity Interests in, or all or substantially all the assets of (or all or substantially all the assets constituting a business
unit, division, product line or line of business of), any Person; provided that (a) in the case of any purchase or other acquisition
of Equity Interests in a Person, (i) such Person, upon the consummation of such purchase or acquisition, will be a Subsidiary (including
as a result of a merger, amalgamation or consolidation between any Subsidiary and such Person), or (ii) such Person is merged or
amalgamated into or consolidated with a Subsidiary and such Subsidiary is the

 

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surviving entity of such merger,
amalgamation or consolidation, (b) the business of such Person, or such assets, as the case may be, constitute a business permitted
by Section 5.16, (c) with respect to each such purchase or other acquisition, all actions required to be taken with respect
to such newly created or acquired Subsidiary (including each subsidiary thereof) or assets in order to satisfy the requirements set forth
in clauses (a), (b), (c) and (d) of the definition of the term “Collateral and Guarantee Requirement” to the extent
applicable shall have been taken (or arrangements for the taking of such actions after the consummation of the Permitted Acquisition
shall have been made that are reasonably satisfactory to the Administrative Agent) (unless such newly created or acquired Subsidiary
is designated as an Unrestricted Subsidiary pursuant to Section 5.13 or is otherwise an Excluded Subsidiary) and (d) after
giving effect to any such purchase or other acquisition, no Event of Default under Section 7.01(a) or (b), shall have occurred
and be continuing (at the time of execution of a binding agreement in respect thereof).

 

“Permitted Amendment”
means an amendment to this Agreement and, if applicable the other Loan Documents, effected in connection with a Loan Modification Offer
pursuant to Section 2.24, providing for an extension of a maturity date applicable to the Loans and/or Commitments of the Accepting
Lenders and, in connection therewith, (a) a change in the Applicable Rate with respect to the Loans and/or Commitments of the Accepting
Lenders, and/or (b) a change in the fees payable to, or the inclusion of new fees to be payable to, the Accepting Lenders, and/or
(c) a change in Sections 2.08(b), 2.08(c), 2.10(c), 2.11(a), 2.11(e) and/or 2.11(f) with respect to the Loans and/or Commitments
of the Accepting Lenders and/or (d) additional or modified covenants, events of default, or guarantees or other provisions (it being
understood that to the extent that any covenant, event of default, guarantee or such other provision is added or modified for the benefit
of any such Loans and/or Commitments, no consent shall be required by the Administrative Agent or any of the Lenders if such covenant,
event of default, guarantee or other provision is either (i) also added or modified for the benefit of any corresponding Loans remaining
outstanding after the issuance or incurrence of such Loans and/or Commitments, (ii) only applicable after the Latest Maturity Date
at the time of such Loan Modification Offer or (iii) in the aggregate, not materially more restrictive to the Loan Parties (as determined
in good faith by the Administrative Borrower) when taken as a whole, than the terms of the Loans hereunder).

 

“Permitted Encumbrances”
means:

 

(a)           Liens
for Taxes, assessments or governmental charges that are not overdue for a period of more than 30 days or that are not required to be paid
pursuant to Section 5.05 (assuming Section 5.05 were applicable thereto);

 

(b)         Liens
with respect to outstanding motor vehicle fines and carriers’, warehousemen’s, mechanics’, materialmen’s, landlord’s,
repairmen’s or construction contractors’ Liens and other similar Liens, imposed by law or Contract (to the extent providing
for Liens that are similar in scope to the foregoing), arising in the ordinary course of business that secure amounts not overdue for
a period of more than 30 days, or, if more than 30 days overdue, are unfiled and no other action has been taken to enforce such Lien or
that 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, or so long as such Liens do not individually or in the aggregate
have a Material Adverse Effect;

 

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(c)           Liens
incurred or deposits made in the ordinary course of business (i) in connection with workers’ compensation, unemployment insurance,
social security, retirement and other similar legislation or (ii) securing liability for reimbursement or indemnification obligations
of (including obligations in respect of letters of credit or bank guarantees or similar instrument for the benefit of) insurance carriers
providing property, casualty or liability insurance to the Borrower or any Restricted Subsidiary or otherwise supporting the payment of
items set forth in the foregoing clause (i);

 

(d)           Liens
incurred or deposits made to secure the performance of bids, trade contracts, governmental contracts and leases, statutory obligations,
surety, stay, customs and appeal bonds, performance bonds, bankers acceptance facilities and other obligations of a like nature (including
those to secure health, safety and environmental obligations) and obligations in respect of letters of credit, bank guarantees or similar
instruments that have been posted to support the same, in each case incurred in the ordinary course of business or consistent with past
practices;

 

(e)            minor
survey exceptions, minor encumbrances, covenants, conditions, easements, rights-of-way, restrictions, encroachments, protrusions, by-law,
regulation or zoning restrictions, reservations of or rights of others for sewers, electric lines, telegraph and telephone lines and other
similar purposes and other similar encumbrances and minor title defects or irregularities affecting real property, that, in the aggregate,
do not materially interfere with the ordinary conduct of the business of Holdings and its Restricted Subsidiaries, taken as a whole, or
which are set forth in the title insurance policy delivered with respect to the Mortgaged Property and are “insured over”
in such insurance policy;

 

(f)            Liens
securing, or otherwise arising from, judgments not constituting an Event of Default under Section 7.01(j);

 

(g)           Liens
on goods the purchase price of which is financed by a documentary or trade letter of credit issued for the account of the Borrower or
any of its Restricted Subsidiaries or Liens on bills of lading, drafts or other documents of title arising by operation of law or pursuant
to the standard terms of agreements relating to letters of credit, bank guarantees and other similar instruments; provided that
such Lien secures only the obligations of the Borrower or such Subsidiaries in respect of such letter of credit to the extent such obligations
are permitted by Section 6.01;

 

(h)           the
filing of UCC (or equivalent) financing statements solely as a precautionary measure or required notice in connection with operating leases
or consignment of goods;

 

(i)             rights
of recapture of unused real property (other than any Mortgaged Property) in favor of the seller of such property set forth in customary
purchase agreements and related arrangements with any Governmental Authority;

 

(j)            Liens
in favor of deposit banks or securities intermediaries securing customary fees, expenses or charges in connection with the establishment,
operation or maintenance of deposit accounts or securities accounts;

 

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(k)            Liens
in favor of obligations in respect of performance, bid, appeal and surety bonds and performance and completion guarantees and similar
obligations provided by Holdings, the Borrower or any of the Restricted Subsidiaries or obligations in respect of letters of credit, bank
guarantees or similar instruments related thereto, in each case in the ordinary course of business or consistent with past practice;

 

(l)            Liens
arising from grants of licenses or sublicenses of Intellectual Property made in the ordinary course of business or that do not interfere
in any material respect with the business of Holdings and its Restricted Subsidiaries, taken as a whole; provided that such Liens
do not secure any Indebtedness;

 

(m)           rights
of setoff, banker’s lien, netting agreements and other Liens arising by operation of law or by of the terms of documents of banks
or other financial institutions in relation to the maintenance of administration of deposit accounts, securities accounts, cash management
arrangements or in connection with the issuance of letters of credit, bank guarantees or other similar instruments;

 

(n)           Liens
arising from the right of distress enjoyed by landlords or Liens otherwise granted to landlords, in either case, to secure the payment
of arrears of rent in respect of leased properties, so long as such Liens are not exercised;

 

(o)           securities
to public utilities or to any Governmental Authority when required by the utility or other authority in connection with the supply of
services or utilities to the Borrower and any Restricted Subsidiaries;

 

(p)           servicing
agreements, development agreements, site plan agreements and other agreements with any Governmental Authority pertaining to the use or
development of any of the assets of the Person, provided same are complied with in all material respects and do not materially reduce
the value of the assets of the Person or materially interfere with the use of such assets in the operation of the business of such Person;

 

(q)           customary
rights of first refusal or first offer, and tag, drag and similar rights in joint venture agreements;

 

(r)            Liens
arising from Permitted Investments described in clause (e) of the definition hereof; and

 

(s)            with
respect to any Foreign Subsidiary, other Liens and privileges arising mandatorily by any Requirements of Law in the ordinary course of
business.

 

“Permitted First Priority
Refinancing Debt” means any secured Indebtedness incurred by the Borrower and/or any Subsidiary Loan Party (and any Guarantee
thereof by Holdings or any Intermediate Parent) in the form of one or more series of senior secured notes or senior secured loans (or
revolving commitments in respect thereof, with revolving commitments deemed loans in the full amount of such commitment); provided
that (i) such Indebtedness is secured by the Collateral (and no other assets which are not Collateral) on a pari passu basis (but
without regard to the control of remedies) with the Loan Document Obligations, (ii) such Indebtedness constitutes Credit Agreement
Refinancing Indebtedness or a Permitted Refinancing 

 

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of Incremental Equivalent Debt,
(iii) such Indebtedness does not have mandatory redemption features (other than customary asset sale, insurance and condemnation
proceeds events, change of control offers, AHYDO catch up payments or offers and/or acceleration rights upon an event of default) that
could result in redemptions of such Indebtedness prior to the maturity of the Refinanced Debt, (iv) such Indebtedness is not guaranteed
by an entity that is not a Loan Party and (v) a Senior Representative acting on behalf of the holders of such Indebtedness shall
have become party to the Pari Passu Intercreditor Agreement and, if applicable, the Junior Intercreditor Agreement; provided that
if such Indebtedness is the initial Permitted First Priority Refinancing Debt incurred by the Borrower, then the Borrower, the other
Loan Parties, the Administrative Agent and the Senior Representative for such Indebtedness shall have executed and delivered a customary
intercreditor agreement with the Administrative Agent and/or Collateral Agent substantially in the form of the Pari Passu Intercreditor
Agreement, together with (A) any immaterial changes and (B) material changes thereto in light of prevailing market conditions,
which material changes shall be posted to the Lenders not less than five Business Days before execution thereof and, if the Required
Lenders shall not have objected to such changes within five Business Days after posting, then the Required Lenders shall be deemed to
have agreed that the Administrative Agent’s and/or Collateral Agent’s entry into such intercreditor agreement (with such
changes) is reasonable and to have consented to such intercreditor agreement (with such changes) and to the Administrative Agent’s
and/or Collateral Agent’s execution thereof, in each case in form and substance reasonably satisfactory to the Administrative Agent
and/or Collateral Agent (it being understood that junior Liens are not required to be pari passu with other junior Liens, and that Indebtedness
secured by junior Liens may secured by Liens that are pari passu with, or junior in priority to, other Liens that are junior to the Liens
securing the Obligations) to provide for the sharing of the Collateral on a pari passu basis among the holders of the Secured Obligations
and the holders of such Permitted First Priority Refinancing Debt. Permitted First Priority Refinancing Debt will include any Registered
Equivalent Notes issued in exchange therefor.

 

“Permitted Holders”
means (a) the Investors and (b) any other holder of a direct or indirect equity interest in Holdings that becomes a holder of
such interest prior to the ninetieth (90th) day after the Effective Date that was identified in writing to the Joint Lead Arrangers prior
to the Effective Date.

 

“Permitted Investments”
means any of the following, to the extent owned by Holdings or any Restricted Subsidiary:

 

(a)            Dollars
or such other currencies held by it from time to time in the ordinary course of business;

 

(b)           readily
marketable obligations issued or directly and fully guaranteed or insured by the government or any agency or instrumentality of (i) the
United States, (ii) Canada, (iii) Switzerland, (iv) United Kingdom, or (v) any member state of the European Union
rated A (or the equivalent thereof) or better by S&P and A2 (or the equivalent thereof) or better by Moody’s, having average
maturities of not more than 24 months from the date of acquisition thereof; provided that the full faith and credit of such country
or such member state of the European Union is pledged in support thereof;

 

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(c)            time
deposits with, or insured certificates of deposit or bankers’ acceptances of, any commercial bank that (i) is a Lender or (ii) has
combined capital and surplus of at least (x) $250,000,000 in the case of U.S. banks or (y) $100,000,000 in the case of non-U.S.
banks, or the U.S. dollar equivalent (any such bank in the foregoing clauses (i) or (ii) being an “Approved Bank”),
in each case with average maturities of not more than 12 months from the date of acquisition thereof;

 

(d)           commercial
paper and variable or fixed rate notes issued by an Approved Bank (or by the parent company thereof) or any variable or fixed rate note
issued by, or guaranteed by, a corporation rated A-2 (or the equivalent thereof) or better by S&P or P-2 (or the equivalent thereof)
or better by Moody’s, in each case with average maturities of not more than 12 months from the date of acquisition thereof;

 

(e)            repurchase
agreements entered into by any Person with an Approved Bank, a bank or trust company (including any of the Lenders) or recognized securities
dealer, in each case, having capital and surplus in excess of $250,000,000 or its equivalent for direct obligations issued by or fully
guaranteed or insured by the government or any agency or instrumentality of (i) the United States, (ii) Canada, (iii) Switzerland,
(iv) United Kingdom, or (v) any member state of the European Union rated A (or the equivalent thereof) or better by S&P
and A2 (or the equivalent thereof) or better by Moody’s, in which such Person shall have a perfected first priority security interest
(subject to no other Liens) or title to which shall have been transferred to such Person and having, on the date of purchase thereof,
a fair market value of at least 100% of the amount of the repurchase obligations;

 

(f)            marketable
short-term money market and similar highly liquid funds either (i) having assets in excess of $250,000,000 or its equivalent, or
(ii) having a rating of at least A-2 or P-2 from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s
shall be rating such obligations, an equivalent rating from another nationally recognized rating service);

 

(g)           securities
with average maturities of 12 months or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory
of the United States, Canada, Switzerland, United Kingdom, a member of the European Union or by any political subdivision or taxing authority
of any such state, member, commonwealth or territory having an investment grade rating from either S&P or Moody’s (or the equivalent
thereof);

 

(h)           investments
with average maturities of 12 months or less from the date of acquisition in mutual funds rated AAA- (or the equivalent thereof) or better
by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s;

 

(i)             instruments
equivalent to those referred to in clauses (a) through (h) above denominated in euros or any other foreign currency comparable
in credit quality and tenor to those referred to above and customarily used by corporations for cash management purposes in any jurisdiction
outside the United States to the extent reasonably required in connection with any business conducted by any Subsidiary organized or incorporated
in such jurisdiction;

 

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(j)             investments,
classified in accordance with GAAP as current assets of the Borrower or any Subsidiary, in money market investment programs that are registered
under the Investment Company Act of 1940 or that are administered by financial institutions having capital of at least $250,000,000 or
its equivalent, and, in either case, the portfolios of which are limited such that substantially all of such investments are of the character,
quality and maturity described in clauses (a) through (i) of this definition;

 

(k)            with
respect to any Foreign Subsidiary: (i) obligations of the national government of the country in which such Subsidiary maintains its
chief executive office and principal place of business; provided such country is a member of the Organization for Economic Cooperation
and Development, in each case maturing within one year after the date of investment therein, (ii) certificates of deposit of, bankers
acceptances of, or time deposits with, any commercial bank which is organized and existing under the laws of the country in which such
Subsidiary maintains its chief executive office and principal place of business; provided such country is a member of the Organization
for Economic Cooperation and Development, and whose short-term commercial paper rating from S&P is at least “A-2” or the
equivalent thereof or from Moody’s is at least “P-2” or the equivalent thereof (any such bank being an “Approved
Foreign Bank”), and in each case with maturities of not more than 24 months from the date of acquisition and (iii) the
equivalent of demand deposit accounts which are maintained with an Approved Foreign Bank; and

 

(l)             investment
funds investing at least 90% of their assets in securities of the types described in clauses (a) through (k) above.

 

“Permitted Junior Priority
Refinancing Debt” means any secured Indebtedness incurred by the Borrower and/or any Subsidiary Loan Party (and any Guarantee
thereof by Holdings or any Intermediate Parent) in the form of one or more series of junior lien secured notes or junior lien secured
loans (or revolving commitments in respect thereof, with revolving commitments deemed to be loans in the full amount of such commitments);
provided that (i) such Indebtedness is secured by the Collateral on a junior lien basis to the Initial Term Loans and/or Initial
Revolving Commitments and the obligations in respect of any Permitted First Priority Refinancing Debt, (ii) such Indebtedness constitutes
Credit Agreement Refinancing Indebtedness or a Permitted Refinancing of Incremental Equivalent Debt, (iii) such Indebtedness does
not have mandatory redemption features (other than customary asset sale, insurance and condemnation proceeds events, change of control
offers, AHYDO catch up payments, offers and/or acceleration rights upon an event of default or excess cash flow payments (subject to the
prior payment of the Obligations or the prior offer thereof to prepay the Obligations)) that could result in redemptions of such Indebtedness
prior to the maturity of the Refinanced Debt, (iv) such Indebtedness is not guaranteed by any entity that is not a Loan Party and
(v) a Senior Representative acting on behalf of the holders of such Indebtedness shall have become party to the Junior Intercreditor
Agreement; provided that if such Indebtedness is the initial Permitted Junior Priority Refinancing Debt incurred by the Borrower,
then the Borrower, the other Loan Parties, the Administrative Agent and the Senior Representatives for such Indebtedness shall have executed
and delivered the Junior Intercreditor Agreement. Permitted Junior Priority Refinancing Debt will include any Registered Equivalent Notes
issued in exchange therefor.

 

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“Permitted Refinancing”
means, with respect to any Person, any modification, refinancing, refunding, renewal or extension of any Indebtedness of such Person;
provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or
accreted value, if applicable) of the Indebtedness so modified, refinanced, refunded, renewed or extended except by an amount equal to
unpaid accrued interest and premium thereon plus other amounts paid, and fees (including original issue discount and fees incurred in
connection with the resulting Indebtedness) and expenses incurred, in connection with such modification, refinancing, refunding, renewal
or extension and by an amount equal to any existing commitments unutilized thereunder; provided that the principal amount (or accreted
value, if applicable) may exceed the principal amount (or accreted value, if applicable) of the Indebtedness so modified, refinanced,
refunded, renewed or extended to the extent such excess amount (and the terms thereof) is otherwise permitted to be incurred under Section 6.01,
(b) other than with respect to a Permitted Refinancing in respect of Indebtedness permitted pursuant to Section 6.01(a)(v),
(a)(vii) or (a)(viii) (or except in the case of customary bridge loans which, subject to customary conditions (including no
payment or bankruptcy event of default), would either automatically be converted into or required to be exchanged for permanent refinancing
that does not mature prior to the maturity date of the Indebtedness being modified, refinanced, refunded, renewed or extended), Indebtedness
resulting from such modification, refinancing, refunding, renewal or extension has a final maturity date equal to or later than the final
maturity date of, and (except in the case of Revolving Commitments) has a Weighted Average Life to Maturity equal to or greater than the
Weighted Average Life to Maturity of, the Indebtedness being modified, refinanced, refunded, renewed or extended and (c) if the Indebtedness
being modified, refinanced, refunded, renewed or extended is subordinated in right of payment to the Loan Document Obligations, Indebtedness
resulting from such modification, refinancing, refunding, renewal or extension is subordinated in right of payment to the Loan Document
Obligations on terms (taken as a whole) not materially more restrictive to the Borrower than those contained in the documentation governing
the Indebtedness being modified, refinanced, refunded, renewed or extended (as determined by the Administrative Borrower in good faith)
or otherwise reasonably satisfactory to the Administrative Agent. For the avoidance of doubt, it is understood and agreed that (x) notwithstanding
anything in this Agreement to the contrary, in the case of any Indebtedness incurred to modify, refinance, refund, extend, renew or replace
Indebtedness initially incurred in reliance on and measured by reference to a percentage of Consolidated EBITDA at the time of incurrence,
and such modification, refinancing, refunding, extension, renewal or replacement would cause the percentage of Consolidated EBITDA to
be exceeded if calculated based on the percentage of Consolidated EBITDA on the date of such modification, refinancing, refunding, extension,
renewal or replacement, such percentage of Consolidated EBITDA restriction shall not be deemed to be exceeded so long as such incurrence
otherwise constitutes a “Permitted Refinancing” and (y) a Permitted Refinancing includes successive Permitted Refinancings
of the same Indebtedness.

 

“Permitted Reorganization”
means any re-organization or other similar activities among Holdings, the Borrower and the Restricted Subsidiaries related to Tax planning
and re-organization, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with the Collateral and Guarantee
Requirement and Sections 5.11 and 6.12, (b) taken as a whole, the value of the Collateral securing the Secured Obligations and the
Guarantees by the Guarantors of the Secured Obligations is not materially reduced and (c) the Liens in favor of the Administrative
Agent for the benefit of the Secured Parties under the Security Documents are not materially impaired.

 

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“Permitted Unsecured
Refinancing Debt” means any unsecured Indebtedness incurred by the Borrower and/or any Loan Party in the form of one or more
series of unsecured notes or unsecured loans (or revolving commitments in respect thereof, with revolving commitments deemed to be loans
in the full amount of such commitments); provided that (i) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness
or a Permitted Refinancing of Incremental Equivalent Debt, (ii) such Indebtedness does not have mandatory redemption features (other
than customary asset sale, insurance and condemnation proceeds events, change of control offers, AHYDO catch up payments or offers and/or
acceleration rights upon an event of default) that could result in redemptions of such Indebtedness prior to the maturity of the Refinanced
Debt, (iii) such Indebtedness is not guaranteed by any entity that is not a Loan Party, and (iv) such Indebtedness is not secured
by any Lien on any property or assets of Holdings, Intermediate Parent, the Borrower or any Restricted Subsidiary. Permitted Unsecured
Refinancing Debt will include any Registered Equivalent Notes issued in exchange therefor.

 

“Person”
means any natural person, corporation, limited or unlimited liability company, trust, joint venture, association, company, partnership,
Governmental Authority or other entity.

 

“Plan” means
any employee pension benefit plan as such term is defined in Section 3(2) of ERISA (other than a Multiemployer Plan) subject
to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which a Loan
Party or any ERISA Affiliate is an “employer” as defined in Section 3(5) of ERISA.

 

“Planned Expenditures”
has the meaning assigned to such term in clause (b) of the definition of “Excess Cash Flow”.

 

“Platform”
has the meaning assigned to such term in Section 5.01.

 

“Prepayment Event”
means:

 

(a)           (i) any
sale, transfer or other disposition of any property or asset of Holdings or any of its Restricted Subsidiaries permitted by Section 6.05(k) other
than dispositions resulting in aggregate Net Proceeds not exceeding (A) $3,000,000 in the case of any single transaction or series
of related transactions and (B) $7,500,000 for all such transactions during any fiscal year of Holdings and (ii) any Casualty
Event; or

 

(b)           the
incurrence by the Borrower or any of its Restricted Subsidiaries of any Indebtedness, other than Indebtedness permitted under Section 6.01
or permitted by the Required Lenders pursuant to Section 9.02.

 

“Prime Rate”
means, on any date, the rate of interest last quoted by The Wall Street Journal as the “Prime Rate” in the U.S. or, if The
Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve
Statistical Release H.15 (519) (Selected Interest Rates) as the “bank prime loan” rate or, if such rate is no longer quoted
therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board
(as determined by the Administrative Agent).

 

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“Pro Forma Adjustment”
means, for any Test Period with respect to the Acquired EBITDA of the applicable Pro Forma Entity or the Consolidated EBITDA of Holdings,
the pro forma increase in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, projected by the Borrower in good faith
to be reasonably anticipated to be realizable within twenty four (24) months following any applicable acquisition (including the
Transactions), Specified Transactions, dispositions, operational change or initiative (including the effect of new or increased customer
contract pricing) as a result of actions taken or expected to be taken or a plan for realization shall have been established, for the
purposes of realizing cost savings, operating expense reductions or other operating improvements and synergies; provided that
(A) such calculation shall be made on a Pro Forma Basis as though such cost savings, operating expense reduction, other operating
improvements and synergies (on a “run rate” basis) had been realized on the first day of such period and, for purposes of
projecting such pro forma increase to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, such calculation shall be
made on a Pro Forma Basis as though such cost savings, operating expense reductions, other operating improvements and “run rate”
synergies had been realized commencing on the first day of such period and that such cost savings, operating expense reductions, other
operating improvements and synergies were realized on a “run rate” basis during the entirety of such Test Period, (B) any
Pro Forma Adjustment to Consolidated EBITDA shall be certified by a Financial Officer, the chief executive officer or president of the
Administrative Borrower in the Compliance Certificate and (C) any such pro forma increase or decrease to such Acquired EBITDA or
such Consolidated EBITDA, as the case may be, shall be without duplication for cost savings, operating expense reductions, other operating
improvements and synergies or additional costs already included in such Acquired EBITDA or such Consolidated EBITDA, as the case may be,
for such Test Period.

 

“Pro Forma Basis,”
 “Pro Forma Compliance” and “Pro Forma Effect” mean, with respect to compliance with any test, financial
ratio or covenant hereunder required by the terms of this Agreement to be made on a Pro Forma Basis or after giving Pro Forma Effect
thereto, that (a) to the extent applicable, the Pro Forma Adjustment and the Pro Forma Disposal Adjustment shall have been made
and (b) the Transactions, all Specified Transactions, operational changes or initiatives described in the definition of “Pro
Forma Adjustment” or “Consolidated EBITDA” and the following transactions in connection therewith that have been made
during the applicable period of measurement or subsequent to such period and prior to or simultaneously with the event for which the
calculation is made shall be deemed to have occurred as of the first day of the applicable period of measurement in such test, financial
ratio or covenant: (i) income statement items (whether positive or negative) attributable to the property or Person subject to such
Transaction, Specified Transaction, operational change or initiative (A) in the case of a Disposition of all or substantially all
Equity Interests in any subsidiary of Holdings or any division, product line, or facility used for operations of Holdings, the Borrower
or any of their respective Subsidiaries, shall be excluded and (B) in the case of a Permitted Acquisition or Investment described
in the definition of “Specified Transaction,” shall be included, (ii) any retirement of Indebtedness, and (iii) any
Indebtedness incurred or assumed by Holdings, the Borrower or any of their respective Subsidiaries in connection therewith and if such
Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition
determined by utilizing the rate that is or would be in effect with respect to such Indebtedness as at the relevant date of determination
and interest on any Indebtedness under a revolving credit facility computed on a pro forma basis shall be computed based upon the average

 

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daily balance of such Indebtedness during the applicable
period; provided that, without limiting the application of the Pro Forma Adjustment pursuant to clause (a) above, the foregoing
pro forma adjustments may be applied to any such test or covenant solely to the extent that such adjustments are consistent with the definition
of Consolidated EBITDA and give effect to operating expense reductions that are (i) (x) directly attributable to such transaction,
(y) expected to have a continuing impact on Holdings, the Borrower or any of their respective Subsidiaries and (z) factually
supportable or (ii) otherwise consistent with the definition of Pro Forma Adjustment.

 

“Pro Forma Disposal
Adjustment” means, for any Test Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated
EBITDA projected by the Borrower in good faith to be realizable within twenty four (24) months following the date the applicable
Person, property, business, line of business, division, business unit or asset becomes a Sold Entity or Business as a result of contractual
arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal
which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business
for the most recent Test Period prior to its disposal. Any such pro forma increase or decrease in Consolidated EBITDA shall be certified
by a Financial Officer, the chief executive officer or president of the Administrative Borrower in the Compliance Certificate.

 

“Pro Forma Entity”
has the meaning given to such term in the definition of “Acquired EBITDA.”

 

“Pro Forma Financial
Statements” means the unaudited consolidated pro forma balance sheet of the Borrower and its Subsidiaries as of February 25,
2017, and the related unaudited pro forma consolidated statement of income of the Borrower and its Subsidiaries as of and for the
twelve-month period then ended, prepared after giving effect to the Transactions (and which may exclude, at the Administrative Borrower’s
option, the impact of purchase accounting effects required by GAAP) as if the Transactions had occurred as of such date (in the case of
such balance sheet) or at the beginning of such period (in the case of such statement of income) and any other adjustments as agreed by
Parent and the Joint Lead Arrangers (which need not be prepared in compliance with Regulation S-X of the Securities Act of 1933, as amended,
or (at the option of the Administrative Borrower) include adjustments for purchase accounting).

 

“Proposed Change”
has the meaning assigned to such term in Section 9.02(c).

 

“PubCo” means
The Simply Good Foods Company, a Delaware corporation.

 

“Public Lender”
has the meaning assigned to such term in Section 5.01.

 

“QFC”
has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C.
5390(c)(8)(D).

 

“Qualified Equity Interests”
means Equity Interests of Holdings or the Borrower other than Disqualified Equity Interests.

 

“Qualified Securitization
Facility” means any Securitization Facility that meets the following conditions: (a) the board of directors of the Borrower
shall have determined in good

 

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faith that such Securitization
Facility (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable
to the Borrower and the applicable Securitization Subsidiary and (b) the financing terms, covenants, termination events and other
provisions thereof shall be market terms (as determined in good faith by the Administrative Borrower).

 

“Qualifying Lender”
has the meaning assigned to such term in Section 2.11(a)(ii)(D)(3).

 

“Quest Acquisition”
has the meaning given to such term in Amendment No. 2.

 

“Quest Closing Refinancing”
has the meaning given to such term in Amendment No. 2.

 

“Quest Transaction
Costs” has the meaning given to such term in Amendment No. 2.

 

“Recipient”
has the meaning given to such term in Section 9.21(a).

 

“Refinanced Debt”
has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

 

“Refinancing Amendment”
means an amendment to this Agreement in form reasonably satisfactory to the Administrative Agent and the Borrower executed by each of
(a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide
any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

 

“Register”
has the meaning assigned to such term in Section 9.04(b)(iv).

 

“Registered Equivalent
Notes” means, with respect to any notes originally issued in a Rule 144A or other private placement transaction under the
Securities Act of 1933, substantially identical notes (having the same Guarantees) issued in a dollar-for-dollar exchange therefor pursuant
to an exchange offer registered with the SEC.

 

“Reimbursement Date”
has the meaning assigned to such term in Section 2.05(f).

 

“Related Parties”
means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, controlling
persons, trustees, administrators, managers, advisors and representatives of such Person and of each of such Person’s Affiliates
and permitted successors and assigns of each of the foregoing.

 

“Release”
means any release, spill, emission, leaking, dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration
into or through the environment (including ambient air, surface water, groundwater, land surface or subsurface strata) and including the
environment within any building, or any occupied structure, facility or fixture.

 

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

 

“Removal Effective
Date” has the meaning assigned to such term in Section 8.06.

 

“Repricing Transaction”
means (a) the incurrence by the Borrower or any Loan Guarantor of any Indebtedness in the form of long-term broadly-syndicated first
lien secured term bank debt financing (i) for the primary purpose of reducing the Effective Yield for the respective Type of such
Indebtedness to less than the Effective Yield for the Term Loans of the respective equivalent Type, but excluding Indebtedness incurred
in connection with (A) a Change in Control, (B) an Acquisition Transaction or (C) an IPO and (ii) the proceeds of
which are used to prepay (or, in the case of a conversion, deemed to prepay or replace), in whole or in part, outstanding principal of
Initial Term Loans or (b) any effective reduction in the Effective Yield for the Initial Term Loans (e.g., by way of amendment, waiver
or otherwise), except for a reduction in connection with (A) a Change in Control, (B) an Acquisition Transaction or (C) an
IPO. Any determination by the Administrative Agent with respect to whether a Repricing Transaction shall have occurred shall be conclusive
and binding on all Lenders holding the Initial Term Loans.

 

“Required Additional
Debt Terms” means with respect to any Indebtedness, (a) such Indebtedness does not mature earlier than the Latest Maturity
Date for the Initial Term Loans (except in the case of customary bridge loans which subject to customary conditions (including no payment
or bankruptcy event of default), would either automatically be converted into or required to be exchanged for permanent refinancing that
does not mature earlier than the Latest Maturity Date for the Initial Term Loans), (b) such Indebtedness does not have a shorter
Weighted Average Life to Maturity than the Initial Term Loans, (c) if such Indebtedness is unsecured or secured by the Collateral
on a junior lien basis to the Secured Obligations, such Indebtedness does not have scheduled amortization or mandatory redemption features
(other than customary asset sale, insurance and condemnation proceeds events, change of control offers, AHYDO catch up payments, offers
and/or acceleration rights upon an event of default or, in the case of junior lien secured debt, excess cash flow payments (subject to
the prior prepayment of the Obligations or the prior offer thereof to prepay the Obligations)) that could result in redemptions of such
Indebtedness prior to the Latest Maturity Date, (d) such Indebtedness is not guaranteed by any entity that is not a Loan Party,
(e) such Indebtedness that is secured (i) is not secured by any assets not securing the Secured Obligations and (ii) is
subject to the relevant Intercreditor Agreement, (f) the terms and documentation with respect to such Term Loans shall not include
any financial maintenance covenant (unless (x) such financial maintenance covenant is applicable only to periods after the Latest
Maturity Date at such time, (y) the Lenders also receive the benefit of such financial maintenance covenant (together with, at the
election of the Borrower, any applicable “equity cure” provisions with respect to any financial covenant) or (z) such
financial maintenance covenant is reasonably satisfactory to the Administrative Agent) (it being understood that, to the extent that
such covenant is added or modified for the benefit of any such Indebtedness, no consent shall be required by the Administrative Agent
or any of the Lenders if such covenant, event of default or guarantee is either (i) also added or modified for the benefit of any
corresponding Loans remaining outstanding after the issuance or incurrence of any such Indebtedness in connection therewith or (ii) only
applicable after the Latest Maturity Date at such

 

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time); provided that the Borrower may, in its sole discretion, deliver a certificate of a Responsible Officer
of the Administrative Borrower to the Administrative Agent at least five (5) Business Days prior to the incurrence of such indebtedness,
together with a reasonably detailed description of the material terms and conditions of such resulting Indebtedness or drafts of the documentation
relating thereto, stating that the Administrative Borrower has determined in good faith that such covenant satisfies the foregoing requirement,
and such certificate shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative
Agent notifies the Administrative Borrower within such five (5) Business Day period that it disagrees with such determination (including
a reasonable description of the basis upon which it disagrees) and (g) if such Indebtedness is in the form of term loans (as opposed
to notes, bonds or debt securities or otherwise), is secured on a pari passu basis with the Initial Term Loans and ranks pari passu with
the Initial Term Loans in right of payment (a “Loan Equivalent”), in the event that the Effective Yield for any such
Loan Equivalent is greater than the Effective Yield for the Initial Term Loans by more than 0.50% per annum, then the Effective Yield
for the Initial Term Loans shall be increased (without the requirement for any Lender consent) to the extent necessary so that the Effective
Yield for the Initial Term Loans is equal to the Effective Yield for such Loan Equivalent minus 0.50% per annum; provided that if such
Loan Equivalent includes an interest rate floor greater than the applicable interest rate floor under the Initial Term Loans, such differential
between interest rate floors shall be equated to the applicable interest rate margin for purposes of determining whether an increase to
the interest rate margin under the Initial Term Loans shall be required, but only to the extent an increase in the interest rate floor
in the Initial Term Loans would cause an increase in the interest rate then in effect thereunder, and in such case, the interest rate
floor (but not the interest rate margin) applicable to the Initial Term Loans shall be increased to the extent of such differential between
interest rate floors.

 

“Required Lenders”
means, at any time, Lenders having Revolving Exposures, Term Loans and unused Commitments representing more than 50% of the aggregate
Revolving Exposures, outstanding Term Loans and unused Commitments at such time; provided that to the extent set forth in Section 9.02
or Section 9.04 whenever there are one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures of, and
the unused Revolving Commitments of, each Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.

 

“Required Revolving
Lenders” means, at any time, Revolving Lenders having Revolving Exposures and unused Commitments representing more than 50.0%
of the aggregate Revolving Exposures and unused Commitments at such time; provided that to the extent set forth in Section 9.02
or Section 9.04 whenever there are one or more Defaulting Lenders, the total outstanding Revolving Exposures of, and the unused Revolving
Commitments of, each Defaulting Lender, shall be excluded for purposes of making a determination of Required Revolving Lenders.

 

“Requirements of Law”
means, with respect to any Person, any statutes, laws, treaties, rules, regulations, statutory instruments, orders, decrees, writs,
injunctions or determinations of any arbitrator or court or other Governmental Authority, in each case applicable to or binding upon such
Person or any of its property or to which such Person or any of its property is subject.

 

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“Resignation Effective
Date” has the meaning assigned to such term in Section 8.06.

 

“Responsible Officer”
means the chief executive officer, president, vice president, chief financial officer, treasurer or assistant treasurer, director, company
secretary or other similar officer, manager or a member of the Board of Directors of a Loan Party and with respect to certain limited
liability companies or partnerships that do not have officers, any authorized signatory, director, manager, sole member, managing member
or general partner thereof, and as to any document delivered on the Effective Date or thereafter pursuant to paragraph (a)(i) of
the definition of the term “Collateral and Guarantee Requirement,” any secretary or assistant secretary 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.

 

“Resolution
Authority” means an EEA Resolution Authority or, with
respect to any UK Financial Institution, a UK Resolution Authority.

 

“Restricted Payment”
means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in Holdings,
the Borrower or any Restricted Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund
or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any Equity Interests
in Holdings, the Borrower or any Restricted Subsidiary or any option, warrant or other right to acquire any such Equity Interests in Holdings,
the Borrower or any Restricted Subsidiary.

 

“Restricted Prepayment
Event” has the meaning assigned to such term in Section 2.11(g).

 

“Restricted Subsidiary”
means, unless otherwise specified, any Subsidiary of Holdings, other than an Unrestricted Subsidiary.

 

“Retained Asset Sale
Proceeds” has the meaning assigned to such term in Section 2.11(c).

 

“Retained Declined
Proceeds” has the meaning assigned to such term in Section 2.11(e).

 

“Retained Percentage”
means, with respect to any Excess Cash Flow Period, (a) 100% minus (b) the applicable ECF Percentage with respect to such Excess
Cash Flow Period.

 

“Revaluation Date”
means (a) the date of delivery of each Revolving Borrowing Request or each Interest Election Request or (b) the date of issuance,
extension or renewal of any Letter of Credit denominated in an Alternative Currency, in each case at the discretion of the Administrative
Agent and/or any Issuing Bank.

 

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“Revolving Availability
Period” means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and
the date of termination of the Revolving Commitments.

 

“Revolving Commitment”
means, with respect to each Lender, the commitment, if any, of such Lender to make Revolving Loans to acquire participations in Swing
Line Loans and to acquire participations in Letters of Credit hereunder, expressed as an amount representing the maximum possible aggregate
amount of such Lender’s Revolving Exposure hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08
and (b) reduced or increased from time to time pursuant to (i) assignments by or to such Lender pursuant to an Assignment and
Assumption, (ii) a Refinancing Amendment, (iii) an Incremental Revolving Commitment Increase, (iv) a Loan Modification
Agreement or (v) an Additional/Replacement Revolving Commitment. The initial amount of each Lender’s Revolving Commitment is
set forth on Schedule 2.01 or, in each case, in the Assignment and Assumption, Loan Modification Agreement, Incremental Facility
Amendment or Refinancing Amendment pursuant to which such Lender shall have assumed its Revolving Commitment, as the case may be. As of
the Effective Date, the initial aggregate amount of the Lenders’ Revolving Commitments is $75,000,000.

 

“Revolving Exposure”
means, with respect to any Revolving Lender at any time, the sum of the outstanding principal amount of such Revolving Lender’s
Revolving Loans, such Revolving Lender’s Applicable Percentage of all Swing Line Loans then outstanding and such Revolving Lender’s
LC Exposure at such time.

 

“Revolving Lender”
means a Lender with a Revolving Commitment or, if the Revolving Commitments have terminated or expired, a Lender with Revolving Exposure.

 

“Revolving Loan”
means a Loan made by a Revolving Lender pursuant to Section 2.01.

 

“Revolving Maturity
Date” means the earlier of (x) the date that is 91 days prior to the
then-effective stated Latest Maturity Date of the Initial
Term Loans if, on such date, the aggregate outstanding principal amount of the Initial Term Loans and any Indebtedness that refinances
the Initial Term Loans exceeds $0 and (y) (i) December 16, 2026 (or if such day is not a Business Day, the immediately
preceding Business Day) or (ii) with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted
Amendment and with respect to any Issuing Bank that has consented to such extension, the extended maturity date set forth in any such
Loan Modification Agreement.

 

“S&P”
means Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business, and any successor
to its rating agency business.

 

“Sanctions”
means any economic sanctions administered or enforced by the United States Government (including without limitation, OFAC).

 

“Sanctioned Country”
means, at any time, a country or territory which is the target of any comprehensive Sanctions (as of the date of this Agreement, the Crimea
Republic of Ukraine, Cuba, Iran, North Korea, Sudan and Syria).

 

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“SEC” means
the Securities and Exchange Commission or any Governmental Authority succeeding to any of its principal functions.

 

“Secured Cash Management
Obligations” means the due and punctual payment and performance of all obligations of Holdings, the Borrower and any Restricted
Subsidiaries in respect of any overdraft and related liabilities arising from treasury, depository, cash pooling arrangements and cash
management services, corporate credit and purchasing cards and related programs or any automated clearing house transfers of funds (collectively,
 “Cash Management Services”) provided to Holdings, the Borrower or any Restricted Subsidiary (whether absolute or contingent
and howsoever and whenever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions
therefor)) that are (i)(a) owed to the Administrative Agent or any of its Affiliates, (b) owed on the Effective Date to a Person
that is a Lender or an Affiliate of a Lender as of the Effective Date or (c) owed to a Person that is an Agent, a Lender or an Affiliate
of an Agent or Lender at the time such obligations are incurred and (ii) specified in writing by the Administrative Borrower to the
Administrative Agent as constituting Secured Cash Management Obligations hereunder.

 

“Secured Obligations”
means (a) the Loan Document Obligations, (b) the Secured Cash Management Obligations and (c) the Secured Swap Obligations
(excluding with respect to any Loan Guarantor, Excluded Swap Obligations of such Loan Guarantor).

 

“Secured Parties”
means (a) each Lender, (b) each Issuing Bank, (c) the Administrative Agent, (d) the Collateral Agent, (e) each
Joint Lead Arranger, (f) each Person to whom any Secured Cash Management Obligations are owed, (g) each counterparty to any
Swap Agreement the obligations under which constitute Secured Swap Obligations, (h) the beneficiaries of each indemnification obligation
undertaken by any Loan Party under any Loan Document and (i) the permitted successors and assigns of each of the foregoing.

 

“Secured Swap Obligations”
means the due and punctual payment and performance of all obligations of Holdings, the Borrower and any Restricted Subsidiaries (i) under
each Swap Agreement that (a) is with a counterparty that is the Administrative Agent or any of its Affiliates, (b) is in effect
on the Effective Date with a counterparty that is a Lender, an Agent or an Affiliate of a Lender or an Agent as of the Effective Date
or (c) is entered into after the Effective Date with any counterparty that is a Lender, an Agent or an Affiliate of a Lender or an
Agent at the time such Swap Agreement is entered into and (ii) specified in writing by the Administrative Borrower to the Administrative
Agent as constituting Secured Swap Obligations hereunder.

 

“Securitization Assets”
means the accounts receivable, royalty and other similar rights to payment and any other assets related thereto subject to a Qualified
Securitization Facility that are customarily sold or pledged in connection with securitization transactions and the proceeds thereof.

 

“Securitization Facility”
means any of one or more receivables securitization financing facilities as amended, supplemented, modified, extended, renewed, restated
or refunded from time to time, the obligations of which are non-recourse (except for customary representations, warranties and indemnities
made in connection with such facilities) to Holdings, the Borrower or any Restricted Subsidiary (other than a Securitization Subsidiary)
pursuant to which Holdings, the 

 

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Borrower or any Restricted Subsidiary sells or grants a security interest in its accounts receivable or
assets related thereto that are customarily sold or pledged in connection with securitization transactions to either (a) a Person
that is not a Restricted Subsidiary or (b) a Securitization Subsidiary that in turn sells its accounts receivable to a Person that
is not a Restricted Subsidiary.

 

“Securitization Fees”
means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold in connection
with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with, any Qualified Securitization Facility.

 

“Securitization Subsidiary”
means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other
activities reasonably related thereto.

 

“Security Documents”
means the Collateral Agreement, the Mortgages and each other security agreement or pledge agreement executed and delivered pursuant to
the Collateral and Guarantee Requirement, Sections 5.11, 5.12 or 5.14 to secure any of the Secured Obligations.

 

“Senior Representative”
means, with respect to any series of Indebtedness permitted by this Agreement to be secured on the Collateral on a pari passu or
junior basis, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant
to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

 

“Senior Secured First
Lien Indebtedness” means any Indebtedness of Holdings and its Restricted Subsidiaries that is secured by a Lien on the Collateral
other than any Indebtedness to the extent secured on a junior basis to the Liens granted under the Security Documents in favor of the
Collateral Agent for the benefit of the Secured Parties in respect of the Initial Term Loans.

 

“Senior Secured First
Lien Net Leverage Ratio” means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Senior
Secured First Lien Net Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

 

“Senior Secured Indebtedness”
means any Indebtedness of Holdings and its Restricted Subsidiaries that is secured by a Lien on the Collateral.

 

“Senior Secured Net
Leverage Ratio” means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Senior Secured
Net Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

 

“Setoff Party”
has the meaning assigned to such term in Section 9.08.

 

“Settlement”
means the transfer of cash or other property with respect to any credit or debit card charge, check or other instrument, electronic funds
transfer, or other type of paper-based or electronic payment, transfer, or charge transaction for which a Person acts as a processor,
remitter, funds recipient or funds transmitter in the ordinary course of its business.

 

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“Settlement Asset”
means any cash, receivable or other property, including a Settlement Receivable, due or conveyed to a Person in consideration for a Settlement
made or arranged, or to be made or arranged, by such Person or an Affiliate of such Person.

 

“Settlement Indebtedness”
means any payment or reimbursement obligation in respect of a Settlement Payment.

 

“Settlement Lien”
means any Lien relating to any Settlement or Settlement Indebtedness (and may include, for the avoidance of doubt, the grant of a Lien
in or other assignment of a Settlement Asset in consideration of a Settlement Payment, Liens securing intraday and overnight overdraft
and automated clearing house exposure, and similar Liens).

 

“Settlement Payment”
means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other
property to effect a Settlement.

 

“Settlement Receivable”
means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the
benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

 

“SGF” has
the meaning given to such term in the preliminary statements hereto.

 

“SOFR”
means, with respect to any U.S. Government Securities Business Day, a rate per annum equal to the secured overnight financing rate for
such U.S. Government Securities Business Day published by the SOFR Administrator on the website of the SOFR Administrator, currently at
http://www.newyorkfed.org (or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator
from time to time) on the immediately succeeding U.S. Government Securities Business Day.

 

“SOFR
Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

 

“SOFR
Borrowing” means, as to any Borrowing, the SOFR Loans comprising
such Borrowing.

 

“SOFR
Loan” means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition
of “Alternate Base Rate” (or, in the event that the Term SOFR Reference Rate for the applicable tenor has not been published
by the Term SOFR Administrator pursuant to the definition of “Term SOFR” and a Benchmark Replacement Date with respect to
the Term SOFR Reference Rate has not occurred, at the option of the Borrower, Daily SOFR Loans).

 

“Sold Entity or Business”
has the meaning assigned to such term in the definition of the term “Consolidated EBITDA.”

 

“Solicited Discount
Proration” has the meaning assigned to such term in Section 2.11(a)(ii)(D)(3).

 

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“Solicited Discounted
Prepayment Amount” has the meaning assigned to such term in Section 2.11(a)(ii)(D)(1).

 

“Solicited Discounted
Prepayment Notice” means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant
to Section 2.11(a)(ii)(D) substantially in the form of Exhibit K.

 

“Solicited Discounted
Prepayment Offer” means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit L, submitted
following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

 

“Solicited Discounted
Prepayment Response Date” has the meaning assigned to such term in Section 2.11(a)(ii)(D)(1).

 

“Specified Acquisition
Agreement Representations” means such of the representations made by the Company with respect to the Acquired Companies and
their subsidiaries in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that Parent or
its applicable affiliates have the right (taking into account any applicable cure provisions) to terminate its (or their) obligations
under the Acquisition Agreement or decline to consummate the Acquisition as a result of a breach of one or more of such representations
in the Acquisition Agreement.

 

“Specified Discount”
has the meaning assigned to such term in Section 2.11(a)(ii)(B)(1).

 

“Specified Discount
Prepayment Amount” has the meaning assigned to such term in Section 2.11(a)(ii)(B)(1).

 

“Specified Discount
Prepayment Notice” means an irrevocable written notice of the Administrative Borrower of Specified Discount Prepayment made
pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit G.

 

“Specified Discount
Prepayment Response” means the irrevocable written response by each Term Lender, substantially in the form of Exhibit H,
to a Specified Discount Prepayment Notice.

 

“Specified Discount
Prepayment Response Date” has the meaning assigned to such term in Section 2.11(a)(ii)(B)(1).

 

“Specified Discount
Proration” has the meaning assigned to such term in Section 2.11(a)(ii)(B)(3).

 

“Specified Event of
Default” means an Event of Default under Section 7.01(a), (b), (h) or (i).

 

“Specified Representations”
means the representations and warranties made by the Effective Date Loan Parties, set forth in (i) Section 3.01, Section 3.02
(with respect to authorization, execution, delivery and performance and enforceability of the Loan Documents),

 

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Section 3.03(b)(i) (with
respect to entering into and performance of the Loan Documents by the Borrower and the Effective Date Loan Parties), Section 3.08,
Section 3.14, Section 3.15 and Section 3.16(a) (solely with regard to use of proceeds on the Effective Date) of this
Agreement and (ii) Sections 2.03(f) and 3.02(c) of the Collateral Agreement.

 

“Specified Transaction”
means any Investment, acquisition (including the commitment of activities constituting such business), sale, transfer or other disposition
of assets, incurrence or repayment of Indebtedness, Restricted Payment, subsidiary designation, commencement of a New Project or other
event that by the terms of the Loan Documents requires “Pro Forma Compliance” with a test or covenant hereunder or requires
such test or covenant to be calculated on a Pro Forma Basis after giving Pro Forma Effect thereto.

 

“Spot Rate”
means, on any day, with respect to any currency other than Dollars (for purposes of determining the Dollar Amount thereof) or Dollars
(for purposes of determining the Alternative Currency Equivalent thereof), the rate at which such currency may be exchanged into Dollars
or the applicable Alternative Currency, as the case may be, as set forth at approximately 11:00 a.m., New York City time, two (2) Business
Days prior to such date on the applicable Bloomberg Key Cross Currency Rates Page. In the event that any such rate does not appear on
any Bloomberg Key Cross Currency Rates Page, the Spot Rate shall be determined by reference to such other publicly available service for
displaying exchange rates selected by the Administrative Agent for such purpose, or, at the discretion of the Administrative Agent, such
Spot Rate shall instead be the arithmetic average of the spot rates of exchange of the Administrative Agent in the market where its foreign
currency exchange operations in respect of such currency are then being conducted, at or about 10:00 a.m., local time in such market,
two (2) Business Days prior to such date for the purchase of Dollars or the applicable Alternative Currency, as the case may be,
for delivery two (2) Business Days later; provided that, if at the time of any such determination, for any reason, no such
spot rate is being quoted, the Administrative Agent may use any other reasonable method it deems appropriate to determine such rate, and
such determination shall be presumed correct absent manifest error.

 

“Statutory
Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator
of which is the number one minus the aggregate of the maximum reserve, liquid asset or similar
percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by any Governmental
Authority to be applicable to any member bank of the Federal Reserve System in
respect of Eurocurrency funding or liabilities. Such reserve, liquid asset or similar percentages shall include those imposed pursuant
to Regulation D of the Board of Governors. Eurodollar Loans shall be deemed to be subject to such reserve, liquid asset or similar
requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under
Regulation D or any other Requirements of Law. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective
date of any change in any reserve percentage.

 

“Stockholders’
Representative” has the meaning assigned to such term in the definition of “Acquisition Agreement.”

 

“Submitted Amount”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(1).

 

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“Submitted Discount”
has the meaning assigned to such term in Section 2.11(a)(ii)(C)(1).

 

“subsidiary”
means, with respect to any Person at any date (i) any corporation more than 50% of whose stock of any class or classes having by
the terms thereof ordinary voting power to elect a majority of the directors of such corporation (irrespective of whether or not at the
time stock of any class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency)
is at the time owned by such Person and/or one or more subsidiaries of such Person and (ii) any partnership, limited liability company,
association, or other similar non-corporate entity in which such Person and/or one or more subsidiaries of such Person owns more than
a 50% equity interest at the time.

 

“Subsidiary”
means any subsidiary of Holdings (unless otherwise specified).

 

“Subsidiary Loan Party”
means each Restricted Subsidiary of Holdings (other than the Borrower) that is a party to the Guarantee Agreement.

 

“Successor Borrower”
has the meaning assigned to such term in Section 6.03(a)(iv).

 

“Swap Agreement”
means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps,
commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options
or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions,
cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency
options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter
into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and
all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form
of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”),
including any such obligations or liabilities under any Master Agreement.

 

“Swing Line Borrowing”
means a borrowing of a Swing Line Loan pursuant to Section 2.04.

 

“Swing Line Facility”
means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

 

“Swing Line Lender”
means the Administrative Agent in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

 

“Swing Line Loan”
has the meaning specified in Section 2.04(a).

 

“Swing Line Loan Notice”
means a written notice of a Swing Line Borrowing pursuant to Section 2.04(b) substantially in the form of Exhibit C-2.

 

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“Swing Line Obligations”
means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding.

 

“Swing Line Sublimit”
means an amount equal to the lesser of (a) $25,000,000 and (b) the aggregate amount of the Revolving Commitments. The Swing
Line Sublimit is part of, and not in addition to, the Revolving Commitments.

 

“Target Person”
has the meaning assigned to such term in Section 6.04.

 

“Tax Distributions”
has the meaning assigned to such term in Section 6.07(a)(vii)(A).

 

“Tax Group”
has the meaning assigned to such term in Section 6.07(a)(vii)(A).

 

“Tax Receivable Agreement”
means that certain Income Tax Receivable Agreement, dated as of July 7, 2017, by and among PubCo, Atkins Holdings, LLC, a Georgia
limited liability company, and the Stockholders’ Representative.

 

“Taxes” means
any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any Governmental Authority,
including any interest, additions to tax or penalties applicable thereto.

 

“Term Commitment”
means, with respect to each Lender, the commitment, if any, of such Lender to make a Term Loan hereunder on the Effective Date, expressed
as an amount representing the maximum principal amount of the Term Loan to be made by such Lender hereunder. The amount of each Lender’s
Term Commitment as of the Effective Date is set forth on Schedule 2.01. As of the Effective Date, the total Term Commitment is $200,000,000.

 

“Term Lender”
means a Lender with a Term Commitment or an outstanding Term Loan.

 

“Term Loans”
means Initial Term Loans, Other Term Loans and Incremental Term Loans, as the context requires.

 

“Term Maturity Date”
means July 7, 2024 (or, with respect to any Term Lender that has extended the maturity date of its Term Loans in accordance with
the terms of this Agreement, the extended maturity date set forth in the applicable Loan Modification Agreement, Refinancing Amendment
or other amendment hereto).

 

“Term
SOFR” means,

 

(a)            for
any calculation with respect to a SOFR Loan, the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on
the day (such day, the “Periodic Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business
Days prior to the first day of
such Interest Period, as such rate is published
by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (New York City time) on any Periodic Term SOFR Determination
Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement
Date with respect to the Term

 

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 SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor
as published by the Term SOFR Administrator on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference
Rate for such tenor was published by the Term SOFR Administrator so long as such first preceding U.S. Government Securities Business Day
is not more than three (3) U.S. Government Securities Business Days prior to such Periodic Term SOFR Determination Day, and

 

(b)            for
any calculation with respect to a ABR Loan on any day, the Term SOFR Reference Rate for a tenor of one month on the day (such day, the
 “Base Rate Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business
Days prior to such day, as such rate is published
by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (New York City time) on any Base Rate Term SOFR Determination
Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement
Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor
as published by the Term SOFR Administrator on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference
Rate for such tenor was published by the Term SOFR Administrator so long as such first preceding U.S. Government Securities Business Day
is not more than three (3) U.S. Government Securities Business Days prior to such Base Rate SOFR Determination Day.

 

“Term
SOFR Administrator” means the CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference
Rate selected by the Administrative Agent in its reasonable discretion).

 

“Term
SOFR Reference Rate” means the rate per annum determined by the Administrative Agent as the forward-looking term rate based on SOFR.

 

“Termination Date”
means the date on which all Commitments have expired or been terminated, all Secured Obligations have been paid in full in cash (other
than (x) Secured Swap Obligations not yet due and payable, (y) Secured Cash Management Obligations not yet due and payable and
(z) contingent obligations not yet accrued and payable) and all Letters of Credit have expired or been terminated (other than Letters
of Credit that have been cash collateralized or backstopped by an institution and otherwise pursuant to arrangements reasonably satisfactory
to the applicable Issuing Bank).

 

“Test Period”
means, at any date of determination, the period of four consecutive fiscal quarters of Holdings then last ended as of such time for which
financial statements have been delivered pursuant to Section 5.01(a) or (b) or, at the option of the Borrower, in connection
with a Limited Condition Transaction, the period of four consecutive fiscal quarters of Holdings for which financial statements have been
delivered to the Administrative Agent on or prior to the applicable LCT Test Date; provided that for any date of determination
before the delivery of the first financial statements pursuant to Section 5.01(a) or (b), the Test Period shall be the period
of four consecutive fiscal quarters of Holdings then last ended as of such time.

 

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“Total Net Leverage
Ratio” means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Net Indebtedness
as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

 

“Trademark”
has the meaning assigned to such term in the Collateral Agreement.

 

“Transaction Costs”
means all fees, premiums, costs and expenses incurred or payable by Holdings, the Borrower or any other Subsidiary in connection with
the Transactions, including fees, costs and expenses of any counsel, consultants and other advisors.

 

“Transactions”
means (a) the Financing Transactions, (b) the Acquisition and the other transactions contemplated by the Acquisition Documents,
(c) the Debt Repayment and (d) the payment of the Transaction Costs.

 

“Type” when
used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing,
is determined by reference to the Adjusted LIBOTerm
SOFR Rate or the Alternate Base Rate.

 

“U.S.
Government Securities Business Day” means any day except
for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends
that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

 

“UCC” or
 “Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to time in the State of New York;
provided, however, that, at any time, if by reason of mandatory provisions of law, any or all of the perfection or priority of
the Collateral Agent’s security interest in any item or portion of the Collateral is governed by the Uniform Commercial Code as
in effect in a U.S. jurisdiction other than the State of New York, the term “UCC” and “Uniform Commercial Code”
shall mean the Uniform Commercial Code as in effect, at such time, in such other jurisdiction for purposes of the provisions hereof relating
to such perfection or priority and for purposes of definitions relating to such provisions.

 

“UCP” means,
with respect to any commercial Letter of Credit, the Uniform Customs and Practice for Documentary Credits, as most recently published
by the International Chamber of Commerce, in its Publication No. 600 (or such later version thereof as may be reasonably acceptable
to the applicable Issuing Bank and in effect at the time of issuance of such Letter of Credit). On an exception basis and if specifically
requested by the Borrower, a standby Letter of Credit may be issued subject to UCP.

 

“UK
Financial Authority” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated
by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time
to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms,
and certain affiliates of such credit institutions or investment firms.

 

“UK
Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution
of any UK Financial Institution.

 

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“Unadjusted
Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

 

“Unaudited Financial
Statements” means (i) the unaudited consolidated balance sheet of the Acquired Companies and their subsidiaries as of November 26,
2016, November 28, 2015, February 25, 2017 and February 27, 2016 and the related unaudited consolidated statements of operations
and cash flows of the Acquired Companies and their subsidiaries for the 26-week period then ended and (ii) the unaudited consolidated
balance sheet and related unaudited statements of operations and cash flows of the Acquired Companies and their subsidiaries as of and
for February 25, 2017.

 

“United States Tax
Compliance Certificate” has the meaning assigned to such term in Section 2.17(f)(ii)(C).

 

“Unrestricted Subsidiary”
means any Subsidiary designated by the Administrative Borrower as an Unrestricted Subsidiary pursuant to Section 5.13 subsequent
to the Effective Date.

 

“USA PATRIOT Act”
means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, as
amended from time to time.

 

“Voluntary Prepayment
Amount” has the meaning set forth in the definition of “Incremental Cap”.

 

“Weighted Average Life
to Maturity” means, when applied to any Indebtedness at any date, the number of years 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, in each case, without giving effect to any reductions of amortization or other scheduled payments for periods
where amortization has been reduced as a result of the prepayment of the applicable Indebtedness.

 

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

 

“Wholly Owned Subsidiary”
means, as to any Person, (i) any corporation 100% of whose capital stock is at the time owned by such Person and/or one or more Wholly
Owned Subsidiaries of such Person and (ii) any partnership, limited liability company, association, or other similar non-corporate
entity in which such Person and/or one or more Wholly Owned Subsidiaries of such Person has a 100% equity interest at such time (other
than, in the case of the preceding clauses (i) and (ii), director’s qualifying shares and/or other nominal amount of shares
required to be held by Persons other than the Borrower and its Subsidiaries under applicable law).

 

“Withdrawal Liability”
means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are
defined in Part I of Subtitle E of Title IV of ERISA.

 

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“Write-Down and Conversion
Powers” means, (a) with respect to any EEA Resolution
Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the
applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.,
and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability
arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide
that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect
of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.

 

SECTION 1.02 Classification
of Loans and Borrowings.

 

For purposes of this Agreement,
Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a
 “EurodollarSOFR
Loan” or “ABR Loan”) or by Class and Type (e.g., a “EurodollarSOFR
Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing”
or “Term Borrowing”) or by Type (e.g., a “EurodollarSOFR
Borrowing”) or by Class and Type (e.g., a “EurodollarSOFR
Revolving Borrowing”). Borrowings of Revolving Loans are sometimes referred to herein as “Revolving Borrowings”.

 

SECTION 1.03 Terms
Generally.

 

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, (a) any definition of or reference
to any agreement (including this Agreement and the other Loan Documents), instrument or other document herein shall be construed as referring
to such agreement, instrument or other document as from time to time amended, amended and restated, supplemented or otherwise modified
(subject to any restrictions on such amendments, restatements, supplements or other modifications set forth herein), (b) any reference
herein to any Person shall be construed to include such Person’s successors and assigns (subject to any restrictions on assignment
set forth herein) and, in the case of any Governmental Authority, any other Governmental Authority that shall have succeeded to any or
all functions thereof, (c) the words “herein,” “hereof” and “hereunder,” and words of similar
import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references
herein to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules
to, this Agreement and (e) 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.

 

Without limiting the reclassification
rights under any Section of Article VI, for purposes of determining compliance with any Section of Article VI, in
the event that any Lien, Investment, Indebtedness (whether at the time of incurrence or upon application of all or a portion

 

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of the proceeds thereof), Disposition, Restricted Payment, Affiliate transaction, restrictive agreement or prepayment of Indebtedness
meets the criteria of one or more than one of the categories of transactions permitted pursuant to any clause of such Sections, such transaction
(or portion thereof) at the time of incurrence or consummation thereof shall be deemed to be incurred or otherwise permitted under such
clause(s) determined by the Administrative Borrower in its sole discretion at such time of incurrence or consummation, as applicable.

 

SECTION 1.04 Accounting
Terms; GAAP.

 

(a)            All
accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including
financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity
with, GAAP, except as otherwise prescribed herein.

 

(b)            Notwithstanding
anything in this Agreement to the contrary, for purposes of determining compliance with any test contained in this Agreement, the Total
Net Leverage Ratio, the Senior Secured First Lien Net Leverage Ratio and the Senior Secured Net Leverage Ratio shall be calculated on
a Pro Forma Basis to give effect to the Transaction and all Specified Transactions that have been made during the applicable period of
measurement or subsequent to such period and prior to or simultaneously with the event for which the calculation is made.

 

SECTION 1.05 Effectuation
of Transactions.

 

All references herein to Holdings,
the Borrower and their respective Subsidiaries shall be deemed to be references to such Persons, and all the representations and warranties
of Holdings, any Intermediate Parent, the Borrower and the other Loan Parties contained in this Agreement and the other Loan Documents
shall be deemed made, in each case, after giving effect to the Acquisition and the other Transactions to occur on the Effective Date,
unless the context otherwise requires.

 

SECTION 1.06 Limited
Condition Transactions.

 

Notwithstanding anything in
this Agreement or any Loan Document to the contrary, when calculating any applicable ratio, the amount or availability of the Available
Amount or any other basket (including any incremental facilities or any baskets based on Consolidated EBITDA or total assets), or determining
other compliance with this Agreement (including the determination of compliance with representations, warranties or any provision of this
Agreement which requires that no Default or Event of Default has occurred, is continuing or would result therefrom) in connection with
a Specified Transaction or other transaction undertaken in connection with the consummation of a Limited Condition Transaction, the date
of determination of such ratio, the amount or availability of the Available Amount or any other basket and determination of the accuracy
of any representation or warranty or whether an Default or Event of Default has occurred, is continuing or would result therefrom or other
applicable covenant shall, at the option of the Administrative Borrower (the Administrative Borrower’s election to exercise such
option in connection with any Limited Condition Transaction, an “LCT Election”), be deemed to be the date the definitive
agreements for such Limited Condition Transaction are entered into (the “LCT Test Date”) and if, after such ratios
and other provisions are measured on a Pro Forma Basis after giving

 

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effect to such Limited Condition
Transaction and the other Specified Transactions or other transactions to be entered into in connection therewith (including any incurrence
of Indebtedness and the use of proceeds thereof) as if they occurred at the beginning of the applicable Test Period ending prior to the
LCT Test Date, the Administrative Borrower could have taken such action on the relevant LCT Test Date in compliance with such ratios
and provisions, such provisions shall be deemed to have been complied with. For the avoidance of doubt, (x) if any of such ratios
are exceeded as a result of fluctuations in such ratio (including due to fluctuations in Consolidated EBITDA of the Borrower and its
Subsidiaries or of the target of such Limited Condition Transaction) at or prior to the consummation of the relevant Limited Condition
Transaction, such ratios and other provisions will not be deemed to have been exceeded as a result of such fluctuations solely for purposes
of determining whether the Limited Condition Transaction is permitted hereunder and (y) such ratios and other provisions shall not
be tested at the time of consummation of such Limited Condition Transaction or related Specified Transactions or other transactions.
If the Administrative Borrower has made an LCT Election for any Limited Condition Transaction, then in connection with any subsequent
calculation of any ratio or basket availability with respect to any other Specified Transaction on or following the relevant LCT Test
Date and prior to the earlier of the date on which such Limited Condition Transaction is consummated or the date that the definitive
agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction,
any such ratio or basket shall be calculated on a Pro Forma Basis assuming such Limited Condition Transaction and other transactions
in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have been consummated.

 

SECTION 1.07 Alternative
Currencies.

 

(a)            The
Administrative Borrower may from time to time request that EurodollarSOFR
Revolving Loans be made and/or Letters of Credit be issued in an Alternative Currency. In the case of any such request with respect to
the making of EurodollarSOFR
Revolving Loans, such request shall be subject to the approval of the Administrative Agent and all of the Revolving Lenders. In the case
of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative
Agent, the applicable Issuing Bank and all of the Revolving Lenders.

 

(b)            Any
such request shall be made to the Administrative Agent not later than 11:00 a.m. (New York City time), ten (10) Business Days
prior to the date of the desired Revolving Borrowing or issuance of Letters of Credit (or such other time or date as may be agreed to
by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, each Issuing Bank, in its or their sole
discretion). In the case of any such request pertaining to EurodollarSOFR
Revolving Loans, the Administrative Agent shall promptly notify each Revolving Lender thereof. In the case of any such request pertaining
to Letters of Credit, the Administrative Agent shall promptly notify the applicable Issuing Bank thereof. Each Revolving Lender (in the
case of any such request pertaining to EurodollarSOFR
Revolving Loans) or each Issuing Bank (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent,
not later than 11:00 a.m. (New York City time), two (2) Business Days after its receipt of such request as to whether it consents,
in its sole discretion, to the making of EurodollarSOFR
Revolving Loans or the issuance of Letters of Credit, as the case may be, in such requested currency.

 

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(c)            Any
failure by a Revolving Lender or an Issuing Bank, as the case may be, to respond to such request within the time period specified in the
last sentence of clause (b) above shall be deemed to be a refusal by such Revolving Lender or such Issuing Bank, as the case may
be, to permit EurodollarSOFR
Revolving Loans to be made or Letters of Credit to be issued in such requested currency. If the Administrative Agent and all the Revolving
Lenders consent to making EurodollarSOFR
Revolving Loans in such requested currency, the Administrative Agent shall so notify the Administrative Borrower and such currency shall
thereupon be deemed for all purposes to be an Alternative Currency hereunder for purposes of any Borrowings of EurodollarSOFR
Revolving Loans. If the Administrative Agent and each Issuing Bank consent to the issuance of Letters of Credit in such requested currency,
the Administrative Agent shall so notify the Administrative Borrower and such currency shall thereupon be deemed for all purposes to be
an Alternative Currency hereunder for purposes of any Letter of Credit issuances. If the Administrative Agent shall fail to obtain consent
to any request for an additional currency under this Section 1.07, the Administrative Agent shall promptly so notify the Administrative
Borrower.

 

SECTION 1.08 Currency
Equivalents Generally.

 

(a)            The
Administrative Agent shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Amounts of a Borrowing
or an issuance of any Letter of Credit or extension, renewal or increase of the amount thereof and any amounts outstanding hereunder denominated
in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in
converting any amounts between the applicable currencies until the next Revaluation Date to occur. Except as set forth in this Agreement,
the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Amount as so determined
by the Administrative Agent or the Issuing Bank, as applicable, and notified to the Administrative Borrower.

 

(b)            Wherever
in this Agreement in connection with a Borrowing, conversion, continuation or prepayment of a EurodollarSOFR
Loan or the issuance, amendment or extension of a Letter of Credit, an amount, such as a required minimum or multiple amount, is expressed
in Dollars, but such Borrowing, EurodollarSOFR
Loan or Letter of Credit is denominated in an Alternative Currency, such amount shall be the relevant Alternative Currency Equivalent
of such Dollar Amount (rounded to the nearest unit of such Alternative Currency, with 0.5 of a unit being rounded upward), as determined
by the Administrative Agent or the applicable Issuing Bank, as the case may be and notified to the Borrower.

 

(c)            For
purposes of determining compliance as of any date with any covenant or incurrence test under any Loan Document or for purposes of making
any determination under any Default or Event of Default hereunder or for any other specified purpose hereunder, amounts incurred or outstanding
in currencies (other than Dollars) shall be translated into Dollars at the Exchange Rate; provided that if any Indebtedness or
Liens are incurred to extend, replace, refund, refinance, renew or defease other Indebtedness or Liens denominated in currencies (other
than Dollars), and such extension, replacement, refunding, refinancing, renewal or defeasance would cause the applicable restriction to
be exceeded if calculated at the relevant currency exchange rate in effect on the date of such extension, replacement, refunding, refinancing,
renewal or defeasance, such restriction shall be deemed not to have been exceeded so long as the principal amount of such refinancing
Indebtedness does not exceed the principal amount of such Indebtedness being 

 

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extended, replaced, refunded, refinanced, renewed or defeased,
plus the amount of any premium paid, and fees and expenses incurred, in connection with such extension, replacement, refunding refinancing,
renewal or defeasance (including any fees and original issue discount incurred in respect of such resulting Indebtedness). No Default
or Event of Default shall arise as a result of any limitation or threshold set forth in Dollars in any covenant, representation or Default
or Event of Default under any Loan Document being exceeded solely as a result of changes in currency exchange rates from the applicable
Exchange Rate on the first Business Day of the fiscal quarter of Holdings in which such determination occurs or in respect of which such
determination is made.

 

SECTION 1.09 Rates.
The Administrative Agent does not warrant or accept responsibility for, and shall not have any liability with respect to (a) the
continuation of, administration of, submission of, calculation of or any other matter related to the Base Rate, the Term SOFR Reference
Rate, Adjusted Term SOFR or Term SOFR, or any component definition thereof or rates referred to in the definition thereof, or any alternative,
successor or replacement rate thereto (including any Benchmark Replacement), including whether the composition or characteristics of
any such alternative, successor or replacement rate (including any Benchmark Replacement) will be similar to, or produce the same value
or economic equivalence of, or have the same volume or liquidity as, the Base Rate, the Term SOFR Reference Rate, Adjusted Term SOFR,
Term SOFR or any other Benchmark prior to its discontinuance or unavailability, or (b) the effect, implementation or composition
of any Conforming Changes. The Administrative Agent and its affiliates or other related entities may engage in transactions that inadvertently
affect the calculation of the Base Rate, the Term SOFR Reference Rate, Term SOFR, Adjusted Term SOFR, any alternative, successor or replacement
rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The
Administrative Agent may select information sources or services in its reasonable discretion to ascertain the Base Rate, the Term SOFR
Reference Rate, Term SOFR, Adjusted Term SOFR or any other Benchmark, in each case pursuant
to the terms of this Agreement,
and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect,
special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether
at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or
service, except to the extent of direct (and not, for the avoidance of doubt, indirect, special, punitive, incidental or consequential)
damages determined by a court of competent jurisdiction in a final and non-appealable judgment to have resulted from the Administrative
Agent’s gross negligence, willful misconduct, bad faith or material breach of this Agreement in the selection of such information
source or service.

 

Article II

 

THE CREDITS

 

SECTION 2.01 Commitments.

 

Subject to the terms and conditions
set forth herein, (a) each Term Lender agrees to make Term Loans to the Borrower on the Effective Date denominated in Dollars in
a principal amount not exceeding such Term Lender’s Term Commitment and (b) each Revolving Lender agrees to make Revolving
Loans of the applicable Class to the Administrative Borrower 

 

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denominated in Dollars or an Alternative Currency, from time to time
during the Revolving Availability Period in an aggregate principal amount which will not result in such Revolving Lender’s Revolving
Exposure of such Class exceeding such Revolving Lender’s Revolving Commitment of such Class. Within the foregoing limits and
subject to the terms and conditions set forth herein, the Administrative Borrower may borrow, prepay and reborrow Revolving Loans. Amounts
repaid or prepaid in respect of Term Loans may not be reborrowed.

 

SECTION 2.02 Loans
and Borrowings.

 

(a)            Each
(i) Loan shall be made as part of a Borrowing consisting of Loans of the same Class and Type made by the Lenders ratably in
accordance with their respective Commitments of the applicable Class and (ii) Revolving Loans shall be made by the Revolving
Lenders ratably in accordance with their respective Revolving Commitments. The failure of any Lender to make any Loan required to be made
by it shall not relieve any other Lender of its obligations hereunder, provided that the Commitments of the Lenders are several
and other than as expressly provided herein with respect to a Defaulting Lender, no Lender shall be responsible for any other Lender’s
failure to make Loans as required hereby.

 

(b)            Subject
to Section 2.14, each Revolving Borrowing and Term Borrowing shall be comprised entirely of ABR Loans or EurodollarSOFR
Loans as the Administrative Borrower may request in accordance herewith, provided that all Borrowings made on the Effective Date
must be made as ABR Borrowings unless the Administrative Borrower shall have given the notice required for a EurodollarSOFR
Borrowing under Section 2.03 and provided an indemnity letter extending the benefits of Section 2.16 to Lenders in respect of
such Borrowings. Revolving Loans denominated in any Alternative Currency shall be EurodollarSOFR
Loans. Each Lender at its option may make any Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such
Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance
with the terms of this Agreement.

 

(c)            At
the commencement of each Interest Period for any EurodollarSOFR
Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the
Borrowing Minimum; provided that a EurodollarSOFR
Borrowing that results from a continuation of an outstanding EurodollarSOFR
Borrowing may be in an aggregate amount that is equal to such outstanding Borrowing. At the time that each ABR Borrowing is made, such
Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum.
Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time
be more than a total of eight EurodollarSOFR
Borrowings outstanding plus an additional two EurodollarSOFR
Borrowings for each outstanding Incremental Facility. Notwithstanding anything to the contrary herein, an ABR Revolving Borrowing of the
applicable Class may be in an aggregate amount equal to the entire unused balance of the aggregate Revolving Commitments of such
Class or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.05(f).

 

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SECTION 2.03 Requests
for Borrowings.

 

To request a Revolving Borrowing
or Term Borrowing, the Administrative Borrower shall notify the Administrative Agent of such request electronically by email or in writing
(a) in the case of a EurodollarSOFR
Borrowing, not later than 2:00 p.m., New York City time, three (3) Business Days before the date of the proposed Borrowing
(or, in the case of any EurodollarSOFR
Borrowing to be made on the Effective Date, the same Business Day) or (b) in the case of an ABR Borrowing, not later
than 12:00 p.m., New York City time, on the date of the proposed Borrowing. Each such electronic Borrowing Request shall be irrevocable
and shall be confirmed promptly (or, in the case of a Borrowing Request for an ABR Borrowing, by 4:00 p.m., New York City time, on the
date of the proposed Borrowing) by hand delivery, facsimile or other electronic transmission to the Administrative Agent of a written
Borrowing Request signed by the Administrative Borrower substantially in the form of Exhibit C. Each such electronic and written
Borrowing Request shall specify the following information:

 

(i)            whether
the requested Borrowing is to be a Revolving Borrowing, a Term Borrowing or a Borrowing of any other Class (specifying the Class thereof);

 

(ii)            the
aggregate amount of such Borrowing;

 

(iii)          the
date of such Borrowing, which shall be a Business Day;

 

(iv)          whether
such Borrowing is to be an ABR Borrowing or a EurodollarSOFR
Borrowing;

 

(v)           in
the case of a EurodollarSOFR
Borrowing, the initial Interest Period to be applicable thereto, which shall be a period
contemplated by the definition of the term “Interest Period”;

 

(vi)          the
location and number of the Borrower’s account or accounts to which funds are to be disbursed; and

 

(vii)         in
the case of a Revolving Borrowing, the currency in which such Borrowing is to be denominated.

 

If no election as to the Type of Borrowing is
specified as to any requested Borrowing, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with
respect to any requested EurodollarSOFR
Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. If no currency
is specified with respect to any requested EurodollarSOFR
Borrowing, then the Borrower shall be deemed to have requested that the Borrowing be denominated in Dollars. Promptly following
receipt of a Borrowing Request in accordance with this Section 2.03, the Administrative Agent shall advise each Lender of the applicable
Class of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.

 

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SECTION 2.04 Swing
Line Loans.

 

(a)           General.
Subject to the terms and conditions set forth herein, the Swing Line Lender agrees to make loans (each such loan, a “Swing Line
Loan”) to the Borrower from time to time on any Business Day after the Effective Date until the Revolving Maturity Date
in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such
Swing Line Loans, when aggregated with the pro rata share of the outstanding amount of Revolving Loans and LC Exposure of the Lender
acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Commitment; provided that (i) after giving
effect to any Swing Line Loan, the aggregate outstanding amount of the Revolving Loans of any Lender (other than the relevant Swing Line
Lender solely in its capacity as such), plus such Lender’s pro rata share of the outstanding amount of all LC Exposure,
plus such Lender’s pro rata share of the outstanding amount of all Swing Line Loans shall not exceed such Lender’s
Revolving Commitment then in effect and (ii) notwithstanding the foregoing, the Swing Line Lender shall not be obligated to make
any Swing Line Loans at a time when a Revolving Lender is a Defaulting Lender, unless the Swing Line Lender has entered into arrangements
reasonably satisfactory to it and the Borrower to eliminate the Swing Line Lender’s fronting exposure (after giving effect to Section 2.22(a))
with respect to the Defaulting Lender’s participation in such Swing Line Loans, including by cash collateralizing, or obtaining
a backstop letter of credit from an issuer reasonably satisfactory to the Swing Line Lender to support, such Defaulting Lender’s
pro rata share of the outstanding amount of Swing Line Loans; provided further that, the Borrower shall not use the proceeds of
any Swing Line Loan to refinance any outstanding Swing Line Loan. The Borrower shall repay to the Swing Line Lender each Defaulting Lender’s
portion (after giving effect to Section 2.22(a)) of each Swing Line Loan promptly following demand by the Swing Line Lender.
Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04,
prepay under Section 2.11, and reborrow under this Section 2.04. Each Swing Line Loan shall be an ABR Loan. Swing
Line Loans shall be denominated in Dollars. Immediately upon the making of a Swing Line Loan, each Revolving Lender shall be deemed to,
and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan
in an amount equal to the product of such Lender’s pro rata share times the amount of such Swing Line Loan.

 

(b)          Borrowing
Procedures. Each Swing Line Borrowing shall be made upon the Borrower’s request in writing or by email, followed by irrevocable
notice to the Swing Line Lender and the Administrative Agent in the form of a Swing Line Loan Notice, appropriately completed and signed
by a Responsible Officer of the Administrative Borrower. Each such request must be received by the Swing Line Lender and the Administrative
Agent not later than 1:00 p.m., New York City time, on the requested Borrowing date, and each such request must be confirmed by
a Swing Line Loan Notice which shall (i) be delivered to the Administrative Agent no later than 4:00 p.m., New York City time, on
the requested Borrowing date, (ii) specify the amount to be borrowed, which shall be a minimum of $100,000 or a whole multiple of
$100,000 in excess thereof, and (iii) specify the requested borrowing date, which shall be a Business Day. Promptly after receipt
by the Swing Line Lender of any request for a Swing Line Borrowing, the Swing Line Lender will confirm with the Administrative Agent
(in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify
the Administrative Agent (in writing) of the contents thereof. Subject to the terms and conditions hereof, the Swing Line Lender will,
not later than 4:00 p.m. (New York City

 

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 time) on the borrowing date specified in such Swing Line Loan Notice, make the amount of
its Swing Line Loan available to the Borrower.

 

(c)           Refinancing
of Swing Line Loans.

 

(i)           The
Swing Line Lender at any time in its sole and absolute discretion may request, on behalf of the Borrower (which hereby irrevocably authorizes
the Swing Line Lender to so request on its behalf), that each Revolving Lender make an ABR Loan in an amount equal to such Lender’s
pro rata share of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request shall
be deemed to be a written request for Borrowing for purposes hereof) and in accordance with the requirements of Section 2.02,
without regard to the minimum and multiples specified therein for the principal amount of ABR Loans, but subject to the unutilized portion
of the aggregate Revolving Commitments and the conditions set forth in Section 4.02. The Swing Line Lender shall furnish
the Borrower with a copy of the applicable written request for Borrowing promptly after delivering such notice to the Administrative
Agent. Each Revolving Lender shall make an amount equal to its pro rata share of the amount specified in such request for Borrowing available
to the Administrative Agent in same day funds for the account of the Swing Line Lender at the Administrative Agent’s Office not
later than 4:00 p.m. (New York City time) on the day specified in such request for Borrowing, whereupon, subject to Section 2.04(c)(ii),
each Revolving Lender that so makes funds available shall be deemed to have made an ABR Loan to the Borrower in such amount. The Administrative
Agent shall remit the funds so received to the Swing Line Lender.

 

(ii)           If
for any reason any Swing Line Loan cannot be refinanced by such a Revolving Credit Borrowing in accordance with Section 2.04(c)(i),
the request for ABR Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender
that each of the Revolving Lenders fund its risk participation in the relevant Swing Line Loan and each Revolving Lender’s payment
to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed
payment in respect of such participation.

 

(iii)          If
any Revolving Lender fails to make available to the Administrative Agent for the account of the Swing Line Lender any amount required
to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i),
the Swing Line Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount
with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available
to the Swing Line Lender at a rate per annum equal to the Federal Funds Rate from time to time in effect. A certificate of the Swing
Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause (iii) shall
be conclusive absent manifest error.

 

(iv)          Each
Revolving Lender’s obligation to make Revolving Credit Loans or to purchase and
fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and
shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such
Lender

 

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 may have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or
continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the foregoing; provided
that each Revolving Lender’s obligation to make Revolving Credit Loans pursuant
to this Section 2.04(c) is subject to the conditions set forth in Section 4.02. No such funding of risk
participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as
provided herein.

 

(d)           Repayment
of Participations.

 

(v)           At
any time after any Revolving Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender receives
any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its pro rata share of such payment
(appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s risk participation
was funded) in the same funds as those received by the Swing Line Lender.

 

(vi)          If
any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is required to be returned by
the Swing Line Lender under any of the circumstances described in Section 10.06 (including pursuant to any settlement entered
into by the Swing Line Lender in its discretion), each Revolving Lender shall pay to the Swing Line Lender its pro rata share thereof
on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate
per annum equal to the Federal Funds Rate from time to time in effect. The Administrative Agent will make such demand upon the request
of the Swing Line Lender.

 

(e)           Interest
for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the Borrower for interest on the Swing
Line Loans. Until each Revolving Lender funds its Base RateABR
Loan or risk participation pursuant to this Section 2.04 to refinance such
Lender’s pro rata share of any Swing Line Loan, interest in respect of such pro rata share shall be solely for the account of the
Swing Line Lender.

 

(f)           Payments
Directly to Swing Line Lender. The Borrower shall make all payments of principal and interest in respect of the Swing Line Loans
directly to the Swing Line Lender.

 

(g)          Resignation
of the Swing Line Lender. Subject to the appointment and acceptance of a successor Swing Line Lender reasonably acceptable to the
Administrative Borrower, the Swing Line Lender may resign at any time by giving thirty (30) days’ written notice to the Administrative
Agent, the Lenders and the Administrative Borrower. Notwithstanding the effectiveness of any such resignation, the resigning Swing Line
Lender shall remain a party hereto and shall continue to have all the rights of the Swing Line Lender under this Agreement and the other
Loan Documents with respect to Swing Line Loans made by it prior to such resignation, but shall not (a) be required (and shall be
discharged from its obligations) to make any additional Swing Line Loans or extend or increase the amount of any Swing Line Loan then
outstanding, without affecting its rights and obligations with respect to Swing Line Loans previously made by it, or (b) be deemed
the Swing Line Lender for any other purpose.

 

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SECTION 2.05 Letters
of Credit.

 

(a)          General.
Subject to the terms and conditions set forth herein (including Section 2.22), each Issuing Bank agrees, in reliance upon the agreements
of the Revolving Lenders and the Administrative Borrower set forth in this Section 2.05 and elsewhere in the Loan Documents, to
issue Letters of Credit denominated in Dollars or an Alternative Currency for the Borrower’s respective accounts (or for the account
of any Subsidiary of the Borrower so long as the Borrower is an obligor in respect of all Loan Document Obligations arising under or
in respect of such Letter of Credit), in a form reasonably acceptable to the Administrative Agent and the applicable Issuing Bank, which
shall reflect the standard operating procedures of such Issuing Bank, at any time and from time to time during the period from the Effective
Date until the date that is the fifth (5th) Business Day prior to the Revolving Maturity Date; provided that (x) no Issuing
Bank shall be required to issue any trade letters of credit hereunder without its consent and (y) no Issuing Bank shall be required
to issue any Letter of Credit if after giving effect thereto the LC Exposure with respect to all Letters of Credit issued by such Issuing
Bank would exceed the amount set forth across from such Issuing Bank’s name on Schedule 2.05) (or in the documents pursuant to
which such Issuing Bank became an Issuing Bank). In the event of any inconsistency between the terms and conditions of this Agreement
and the terms and conditions of any form of letter of credit application or other agreement submitted by the Administrative Borrower
to, or entered into by the Administrative Borrower with, the applicable Issuing Bank relating to any Letter of Credit, the terms and
conditions of this Agreement shall control.

 

(b)           Issuance,
Amendment, Renewal or Extension; Certain Conditions. To request the issuance of a Letter of Credit (or the amendment, renewal or
extension of an outstanding Letter of Credit), the Administrative Borrower shall deliver in writing by hand delivery or facsimile (or
transmit by electronic communication, if arrangements for doing so have been approved by the recipient) to the applicable Issuing Bank
and the Administrative Agent ((i) in the case of a request for a Letter of Credit to be issued in an Alternate Currency, at least
five (5) Business Days before the requested date of issuance, amendment, renewal or extension and (ii) in the case of a request
for a Letter of Credit to be issued in Dollars, at least three (3) Business Days before the requested date of issuance, amendment,
renewal or extension (or, in the case of any such request to be made on the Effective Date, one (1) Business Day) or, in each case,
such shorter period as the applicable Issuing Bank and the Administrative Agent may agree) a notice requesting the issuance of a Letter
of Credit, or identifying the Letter of Credit to be amended or extended, and specifying the date of issuance, amendment, renewal or
extension, as the case may be (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall comply
with paragraph (d) of this Section 2.05), the amount and currency of such Letter of Credit, the name and address of the
beneficiary thereof and such other information as shall be necessary to prepare, amend or extend, as the case may be, such Letter of
Credit. Each such notice shall be in the form of Exhibit Q, appropriately completed (each, a “Letter of Credit Request”).
If requested by the applicable Issuing Bank, the Administrative Borrower also shall submit a letter of credit application on such Issuing
Bank’s standard form in connection with any request for a Letter of Credit. A Letter of Credit shall be issued, amended or extended
only if (and upon issuance, amendment, renewal or extension of any Letter of Credit the Administrative Borrower shall be deemed to represent
and warrant that), after giving effect to such issuance, amendment, renewal or extension, (i) subject to Section 9.04(b)(ii),
the Applicable Fronting Exposure of each Issuing Bank shall not exceed its Fronting Exposure Cap, (ii) the aggregate Revolving Exposures
shall not 

 

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exceed the aggregate Revolving Commitments and (iii)  the aggregate LC Exposure shall not exceed the Letter of Credit
Sublimit. Letters of Credit will be available to be issued up to an aggregate face amount not to exceed the Letter of Credit Sublimit.
No Issuing Bank shall be under any obligation to issue any Letter of Credit if (i) any order, judgment or decree of any Governmental
Authority or arbitrator shall enjoin or restrain such Issuing Bank from issuing the Letter of Credit, or any Requirements of Law applicable
to such Issuing Bank or any directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over
such Issuing Bank shall prohibit the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon
such Issuing Bank with respect to the Letter of Credit any restriction, reserve or capital requirement (for which such Issuing Bank is
not otherwise fully compensated hereunder) not in effect on the Effective Date, or shall impose upon such Issuing Bank any unreimbursed
loss, cost or expense which was not applicable on the Effective Date and which such Issuing Bank in good faith deems material to it,
(ii) the issuance of such Letter of Credit would violate one or more policies of such Issuing Bank or the applicable branch of such
Issuing Bank now or hereafter in effect and applicable to letters of credit generally, (iii) except as otherwise agreed in writing
by the Administrative Agent and the applicable Issuing Bank, such Letter of Credit is to be denominated in a currency other than Dollars
or an Alternative Currency, (iv) except as otherwise agreed by the Administrative Agent and such Issuing Bank, the Letter of Credit
is in an initial stated amount less than $100,000, or (v) any Lender is at that time a Defaulting Lender, if after giving effect
to Section 2.22(a)(iv), any Defaulting Lender Fronting Exposure remains outstanding, unless such Issuing Bank has entered into arrangements,
including the delivery of cash collateral, reasonably satisfactory to such Issuing Bank with the Borrower or such Lender to eliminate
such Issuing Bank’s Defaulting Lender Fronting Exposure arising from either the Letter of Credit then proposed to be issued or
such Letter of Credit and all other LC Exposure as to which such Issuing Bank has Defaulting Lender Fronting Exposure. No Issuing Bank
shall be under any obligation (i) to amend or extend any Letter of Credit if (x) such Issuing Bank would have no obligation
at such time to issue such Letter of Credit in its amended form under the terms hereof or (y) the beneficiary of such Letter of
Credit does not accept the proposed amendment to such Letter of Credit or (ii) to issue any Letter of Credit if such Letter of Credit
contains any provisions for automatic reinstatement of all or any portion of the stated amount thereof after any drawing thereunder or
after the expiry date of such Letter of Credit (provided that any Letter of Credit with a one-year tenor may provide for the renewal
thereof for additional one-year periods as provided in Section 2.05(d)).

 

(c)           Notice.
Each Issuing Bank agrees that, upon any issuance, amendment, renewal or extension of a Letter of Credit, it shall have given to the Administrative
Agent written notice thereof required under paragraph (m)(iii) of this Section 2.05.

 

(d)           Expiration
Date. Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) the date that is one year
after the date of the issuance of such Letter of Credit (or, in the case of any extension thereof, the date to which it has been extended
(not in excess of one year from the last applicable expiry date)) and (ii) the date that is five (5) Business Days prior to
the Revolving Maturity Date; provided that if such expiry date is not a Business Day, such Letter of Credit shall expire at or
prior to the close of business on the next succeeding Business Day; provided further that any Letter of Credit may, upon the request
of the Administrative Borrower, include a provision whereby such Letter of Credit shall be renewed or extended automatically for additional
consecutive periods of one year or less (but not beyond the 

 

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date that is five (5) Business Days prior to the Revolving Maturity
Date) unless the applicable Issuing Bank notifies the beneficiary thereof within the time period specified in such Letter of Credit or,
if no such time period is specified, at least thirty (30) days prior to the then-applicable expiration date, that such Letter of Credit
will not be renewed or extended; provided further that such Letter of Credit shall not be required to expire on such fifth (5th)
Business Day prior to the Revolving Maturity Date if such Letter of Credit is cash collateralized or backstopped in an amount, by an
institution and otherwise pursuant to arrangements, in each case reasonably acceptable to the applicable Issuing Bank. For the avoidance
of doubt, if the Revolving Maturity Date occurs prior to the expiration of any Letter of Credit as a result of the last proviso in the
foregoing sentence, then upon the taking of actions described in such proviso with respect to such Letter of Credit, all participations
in such Letter of Credit under the terminated Revolving Commitments shall terminate.

 

(e)           Participations.
Immediately upon the issuance of each Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without
any further action on the part of the Issuing Bank that is the issuer thereof or the Lenders, each Revolving Lender shall be deemed to
have purchased and the applicable Issuing Bank shall be deemed to have sold a participation in such Letter of Credit equal to such Revolving
Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and
in furtherance of the foregoing, each Revolving Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent,
for the account of such Issuing Bank, such Revolving Lender’s Applicable Percentage of each LC Disbursement made by such Issuing
Bank and not reimbursed by the Borrower on the date due as provided in paragraph (f) of this Section 2.05, or of any reimbursement
payment required to be refunded to the Borrower for any reason. All fundings of such participations shall be denominated in Dollars.
Each Revolving Lender acknowledges and agrees that its acquisition of participations pursuant to this paragraph in respect of Letters
of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment or extension
of any Letter of Credit or the occurrence and continuance of a Default or any reduction or termination of the Revolving Commitments,
and that each payment required to be made by it under the preceding sentence shall be made without any offset, abatement, withholding
or reduction whatsoever.

 

(f)           Reimbursement.
If an Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the Borrower shall reimburse such LC Disbursement
by paying to the Administrative Agent an amount (in same day funds) equal to such LC Disbursement not later than 4:00 p.m., New
York City time, on the Business Day immediately following the day that the Administrative Borrower receives written notice (including
via e-mail) of such LC Disbursement (the “Reimbursement Date”), together with accrued interest or fees thereon in
accordance with clause (i) of this Section 2.05. Anything contained herein to the contrary notwithstanding, (i) unless
the Administrative Borrower shall have notified the Administrative Agent and the applicable Issuing Bank prior to 4:00 p.m., New York
City time, on the date such LC Disbursement is made that the Borrower intends to reimburse the applicable Issuing Bank for the amount
of the LC Disbursement (including any accrued interest or fees thereon) with funds other than the proceeds of Revolving Loans, the Administrative
Borrower shall be deemed to have given a timely Borrowing Request to the Administrative Agent requesting Revolving Lenders to make Revolving
Loans for the applicable account of the Borrower that are ABR Revolving Loans on the Reimbursement Date in an amount equal to such LC
Disbursement (together with any accrued

 

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 interest or fees thereon), and (ii) subject to satisfaction or waiver of the conditions
specified in Section 4.02, the Revolving Lenders shall, on the Reimbursement Date, make Revolving Loans that are ABR Revolving Loans
in an amount equal to their Applicable Percentage of such LC Disbursement (together with any accrued interest or fees thereon), the proceeds
of which shall be applied directly by the Administrative Agent to reimburse the applicable Issuing Bank for the amount of such LC Disbursement
(together with any accrued interest or fees thereon); provided that if for any reason proceeds of Revolving Loans are not received
by the Issuing Bank on the Reimbursement Date in an amount equal to such LC Disbursement (together with any accrued interest or fees
thereon), the Borrower shall reimburse the applicable Issuing Bank, on demand, in an amount in same day funds equal to the excess of
such LC Disbursement (together with any accrued interest or fees thereon) over the aggregate amount of such Revolving Loans, if any,
which are so received. The Revolving Loans made pursuant to this paragraph (f) shall be made without regard to the Borrowing Minimum.

 

(g)           Obligations
Absolute. The Borrower’s obligation to reimburse LC Disbursements as provided in paragraph (f) of this Section 2.05
is absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any
and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit, this Agreement
or any other Loan Document, or any term or provision herein or therein, (ii) any exchange, change, waiver or release of any Collateral
for, or any other Person’s guarantee of or other liability for, any of the Secured Obligations, (iii) the existence of any
claim, set-off, defense or other right which the Borrower or any Lender may have at any time against a beneficiary or any transferee
of any Letter of Credit (or any Persons for whom any such transferee may be acting), the Issuing Bank, any Lender or any other Person
or, in the case of a Lender, against the Borrower, whether in connection herewith, the transactions contemplated herein or any unrelated
transaction (including any underlying transaction between the Borrower or one or more of its Subsidiaries and the beneficiary for which
any Letter of Credit was procured), (iv) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent
or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (v) payment by an Issuing Bank under
a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit (provided
that the Borrower shall not be obligated to reimburse such LC Disbursements unless payment is made against presentation of a draft
or other document that at least substantially complies with the terms of such Letter of Credit), (vi) any adverse change in the
business, operations, properties, assets, condition (financial or otherwise) or prospects of Holdings or any of its Subsidiaries; (vii) any
breach hereof or any other Loan Document by any party hereto or thereto, (viii) the fact that an Event of Default or a Default shall
have occurred and be continuing, (ix) any other event or circumstance whatsoever, whether or not similar to any of the foregoing,
that might, but for the provisions of this Section 2.05, constitute a legal or equitable discharge of, or provide a right of setoff
against, the Borrower’s obligations hereunder or (x) any adverse change in the relevant exchange rates or in the availability
of any Alternative Currency to the Borrower or in the relevant currency markets generally. As between the Borrower and the Issuing Bank,
the Borrower assumes all risks of the acts and omissions of, or misuse of the Letters of Credit issued by the Issuing Bank and the proceeds
thereof, by the respective beneficiaries of such Letters of Credit or any assignees or transferees thereof. In furtherance and not in
limitation of the foregoing, none of the Administrative Agent, the Lenders, the Issuing Banks or any of their Related Parties shall have
any liability or responsibility for: (i) the form, validity, sufficiency, accuracy, genuineness or legal 

 

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effect of any document
submitted by any party in connection with the application for and issuance of any such Letter of Credit, even if it should in fact prove
to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged other than to confirm such documents comply with
the terms of such Letter of Credit; (ii) the validity or sufficiency of any instrument transferring or assigning or purporting to
transfer or assign any such Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may
prove to be invalid or ineffective for any reason; (iii) failure of the beneficiary of any such Letter of Credit to comply fully
with any conditions required in order to draw upon such Letter of Credit; (iv) its honor of any presentation under a Letter of Credit
that appears on its face to substantially comply with the terms and conditions of such Letter of Credit; (v) any error, omission,
interruption, loss or delay in transmission or delivery of any draft, notice or other communication under or relating to any Letter of
Credit (including any document required to make a drawing thereunder); (vi) errors in interpretation of technical terms; (vii) any
loss or delay in the transmission of any document required in order to make a drawing under any such Letter of Credit; (viii) the
misapplication by the beneficiary of any such Letter of Credit of the proceeds of any drawing under such Letter of Credit; or (ix) any
consequences arising from causes beyond the control of the Issuing Bank, including any act by a Governmental Authority and fluctuation
in currency exchange rates. None of the above shall affect or impair, or prevent the vesting of, any of the Issuing Bank’s rights
or powers hereunder or place the Issuing Bank under any liability to the Borrower or any other Person. Notwithstanding the foregoing,
none of the above shall be construed to excuse any Issuing Bank from liability to the Borrower to the extent of any direct damages (as
opposed to special, indirect, consequential, incidental, exemplary or punitive damages, claims in respect of which are hereby waived
by the Borrower to the extent permitted by Requirements of Law) suffered by the Borrower that are caused by such Issuing Bank’s
gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final, nonappealable judgment) when determining
whether drafts and other documents presented under a Letter of Credit comply with the terms thereof. In furtherance of the foregoing
and without limiting the generality thereof, the parties agree that, with respect to documents presented that appear on their face to
be in substantial compliance with the terms of a Letter of Credit, an Issuing Bank may, in its sole discretion, either accept and make
payment upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary,
or refuse to accept and make payment upon such documents if (notwithstanding the appearance of substantial compliance) such documents
are not in strict compliance with the terms of such Letter of Credit, and any such acceptance or refusal shall be deemed not to constitute
gross negligence or willful misconduct.

 

(h)           Disbursement
Procedures. Each Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand
for payment under a Letter of Credit. Each Issuing Bank shall promptly notify the Administrative Agent and the Administrative Borrower
by electronic transmission or otherwise in writing (by hand delivery or facsimile) of such demand for payment and whether such Issuing
Bank has made or will make an LC Disbursement thereunder; provided that any failure to give or delay in giving such notice shall
not relieve the Borrower of its obligations to reimburse such Issuing Bank and the Revolving Lenders with respect to any such LC Disbursement
in accordance with paragraph (f) of this Section 2.05.

 

(i)          Interim
Interest. If an Issuing Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse such LC Disbursement in full
on the date such LC 

 

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Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such
LC Disbursement is made to but excluding the date that the Borrower reimburses such LC Disbursement, at the rate per annum then applicable
to ABR Revolving Loans; provided that, if the Borrower fails to reimburse such LC Disbursement when due pursuant to paragraph (f) of
this Section 2.05, then Section 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be paid to the
Administrative Agent, for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by
any Revolving Lender pursuant to paragraph (f) of this Section 2.05 to reimburse such Issuing Bank shall be for the account
of such Lender to the extent of such payment and shall be payable on demand or, if no demand has been made, on the date on which the
Borrower reimburses the applicable LC Disbursement in full.

 

(j)            Cash
Collateralization. If (i) effective immediately, without demand or other notice of any kind, as of any expiration date of a
Letter of Credit, such Letter of Credit may for any reason remain outstanding and partially or wholly undrawn, (ii) effective immediately,
without demand or other notice of any kind, as of the occurrence of any Event of Default under paragraph (h) or (i) of Section 7.01,
or (iii) any Event of Default under paragraph (a) or (b) of Section 7.01 shall occur and be continuing, on the Business
Day on which the Administrative Borrower receives notice from the Administrative Agent, the applicable Issuing Bank or the Required Lenders
(or, if the maturity of the Loans has been accelerated, Revolving Lenders with LC Exposure representing more than 50% of the aggregate
LC Exposure of all Revolving Lenders) demanding the deposit of cash collateral pursuant to this paragraph, the Borrower shall deposit
in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Secured Parties, an amount
of cash in Dollars or an Alternative Currency, as the case may be, equal to the portions of the LC Exposure attributable to Letters of
Credit, as of such date plus any accrued and unpaid interest thereon. The Borrower also shall deposit cash collateral pursuant to this
paragraph as and to the extent required by Section ‎2.11(b). Each such deposit shall be held by the Administrative Agent
as collateral for the payment and performance of the obligations of the Borrower under this Agreement and the other Loan Documents. At
any time that there shall exist a Defaulting Lender, if any Defaulting Lender Fronting Exposure remains outstanding (after giving effect
to Section 2.22(a)(iv)), then promptly upon the request of the Administrative Agent or the Issuing Bank, the Borrower shall deliver
to the Administrative Agent cash collateral in an amount sufficient to cover such Defaulting Lender Fronting Exposure (after giving effect
to any cash collateral provided by the Defaulting Lender). The Administrative Agent (for the benefit of the Secured Parties) shall have
exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the
investment of such deposits, which investments shall be made at the option and sole discretion of the Administrative Agent in Permitted
Investments and at the Borrower’s risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such
investments shall accumulate in such account. Notwithstanding anything to the contrary set forth in this Agreement, moneys in such account
shall be applied by the Administrative Agent to reimburse the Issuing Banks for LC Disbursements for which they have not been reimbursed
and, to the extent not so applied, the balance shall be held for the satisfaction of the reimbursement obligations of the Borrower for
the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Revolving Lenders with
LC Exposure representing more than 50% of the aggregate LC Exposure of all the Revolving Lenders), such balance shall be applied to satisfy
other obligations of the Borrower under this Agreement. If the Borrower is required to provide an amount of cash 

 

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collateral hereunder
as a result of the occurrence of an Event of Default or the existence of a Defaulting Lender, such amount (to the extent not applied
as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived or after
the termination of Defaulting Lender status, as applicable. If the Borrower is required to provide an amount of cash collateral hereunder
pursuant to Section ‎2.11(b), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower
as and to the extent that, after giving effect to such return, the Borrower would remain in compliance with Section ‎2.11(b) and
no Event of Default shall have occurred and be continuing.

 

(k)           Designation
of Additional Issuing Banks. The Administrative Borrower may, at any time and from time to time, designate as additional Issuing
Banks one or more Revolving Lenders that agree in writing to serve in such capacity as provided below. The acceptance by a Revolving
Lender of an appointment as an Issuing Bank hereunder shall be evidenced by an agreement, which shall be in form and substance reasonably
satisfactory to the Administrative Agent and the Borrower, executed by the Administrative Borrower, the Administrative Agent and such
designated Revolving Lender and, from and after the effective date of such agreement, (i) such Revolving Lender shall have all the
rights and obligations of an Issuing Bank under this Agreement and (ii) references herein to the term “Issuing Bank”
shall be deemed to include such Revolving Lender in its capacity as an issuer of Letters of Credit hereunder.

 

(l)            Resignation
or Termination of an Issuing Bank. Subject to the appointment and acceptance of a successor Issuing Bank reasonably acceptable to
the Administrative Borrower, any Issuing Bank may resign at any time by giving thirty (30) days’ written notice to the Administrative
Agent, the Lenders and the Administrative Borrower. The Administrative Borrower may terminate the appointment of any Issuing Bank as
an “Issuing Bank” hereunder by providing a written notice thereof to such Issuing Bank, with a copy to the Administrative
Agent. Any such termination shall become effective upon the earlier of (i) such Issuing Bank’s acknowledging receipt of such
notice and (ii) the fifth Business Day following the date of the delivery thereof; provided that no such termination shall
become effective until and unless the LC Exposure attributable to all Letters of Credit issued by such Issuing Bank (or its Affiliates)
shall have been reduced to zero. At the time any such resignation or termination shall become effective, the Borrower shall pay all unpaid
fees accrued for the account of the resigning or terminated Issuing Bank pursuant to Section 2.12(b). Notwithstanding the effectiveness
of any such resignation or termination, the resigning or terminated Issuing Bank shall remain a party hereto and shall continue to have
all the rights of an Issuing Bank under this Agreement and the other Loan Documents with respect to Letters of Credit issued by it prior
to such resignation or termination, but shall not (a) be required (and shall be discharged from its obligations) to issue any additional
Letters of Credit or extend or increase the amount of Letters of Credit then outstanding, without affecting its rights and obligations
with respect to Letters of Credit previously issued by it, or (b) be deemed an Issuing Bank for any other purpose.

 

(m)          Issuing
Bank Reports to the Administrative Agent. Unless otherwise agreed by the Administrative Agent, each Issuing Bank shall, in addition
to its notification obligations set forth elsewhere in this Section 2.05, report in writing to the Administrative Agent (i) periodic
activity (for such period or recurrent periods as shall be requested by the Administrative Agent) in respect of Letters of Credit issued
by such Issuing Bank, including all issuances, extensions, amendments and renewals, all expirations and cancellations and all disbursements
and

 

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 reimbursements, (ii) within five (5) Business Days following the time that such Issuing Bank issues, amends, renews or
extends any Letter of Credit, the date of such issuance, amendment, renewal or extension, and face amount of the Letters of Credit issued,
amended, renewed or extended by it and outstanding after giving effect to such issuance, amendment, renewal or extension (and whether
the amounts thereof shall have changed), (iii) on each Business Day on which such Issuing Bank makes any LC Disbursement, the date
and amount of such LC Disbursement, (iv) on any Business Day on which the Borrower fails to reimburse an LC Disbursement required
to be reimbursed to such Issuing Bank on such day, the date of such failure and amount of such LC Disbursement and (v) on any other
Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit issued by such
Issuing Bank; provided that no Issuing Bank shall have any liability hereunder to any Person for any failure to deliver the reports
contemplated by this paragraph (m) of Section 2.05.

 

(n)           Applicability
of ISP and UCP. Unless otherwise expressly agreed by the applicable Issuing Bank and the Borrower when a Letter of Credit is issued
or when it is amended with the consent of the beneficiary thereof, (i) the rules of the ISP shall apply to each standby Letter
of Credit, and (ii) the rules of the UCP shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, the
applicable Issuing Bank shall not be responsible to the Borrower for, and the applicable Issuing Bank’s rights and remedies against
the Borrower shall not be impaired by, any action or inaction of the applicable Issuing Bank required or permitted under any law, order
or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the applicable law or any
order of any Governmental Authority in a jurisdiction where the applicable Issuing Bank or the beneficiary is located, the practice stated
in the ISP or UCP, as applicable, or in the decisions, opinions, practice statements or official commentary of the ICC Banking Commission,
the Bankers Association for Finance and Trade (BAFT), or the Institute of International Banking Law & Practice, whether or not
any Letter of Credit chooses such law or practice.

 

SECTION 2.06 Funding
of Borrowings.

 

(a)           Each Lender shall make each Loan to be made by it hereunder on the
proposed date thereof by wire transfer of immediately available funds by 12:00 noon, New York City time, to the Applicable Account
of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will
make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the
Borrower designated by the Administrative Borrower; provided that ABR Revolving Loans made to finance the reimbursement of an
LC Disbursement as provided in Section 2.05(f) shall be remitted by the Administrative Agent to the applicable Issuing
Bank.

 

(b)            Unless
the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing that such Lender will not
make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such
Lender has made such share available on such date in accordance with paragraph (a) of this Section 2.06 and may, in reliance
on such assumption and in its sole discretion, 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 agrees to pay
to the Administrative Agent an amount equal to such share on 

 

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demand of the Administrative Agent. If such Lender does not pay such corresponding
amount forthwith upon demand of the Administrative Agent therefor, the Administrative Agent shall promptly notify the Administrative
Borrower, and the Borrower agrees to pay such corresponding amount to the Administrative Agent forthwith on demand. The Administrative
Agent shall also be entitled to recover from such Lender or the Borrower interest on such corresponding amount, 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
(i) in the case of such Lender, the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent
in accordance with banking industry rules on interbank compensation, or (ii) in the case of the Borrower, the interest rate
applicable to such Borrowing in accordance with Section 2.13. If such Lender pays such amount to the Administrative Agent, then
such amount shall constitute such Lender’s Loan included in such Borrowing.

 

(c)           The
obligations of the Lenders hereunder to make Term Loans and Revolving Loans, to make Swing Line Loans, to fund participations in Letters
of Credit and to make payments pursuant to Section 9.03(c) are several and not joint. The failure of any Lender to make any
Loan, to fund any such participation or to make any payment under Section 9.03(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, to purchase its participation or to make its payment under Section 9.03(c).

 

SECTION 2.07 Interest
Elections.

 

(a)           Each
Revolving Borrowing of the applicable Class and each Term Borrowing initially shall be of the Type specified in the applicable Borrowing
Request or designated by Section 2.03 and, in the case of a EurodollarSOFR
Borrowing, shall have an initial Interest Period as specified in such Borrowing Request
or designated by Section 2.03. Thereafter, the Administrative Borrower may elect to convert such Borrowing to a different Type or
to continue such Borrowing and, in the case of a EurodollarSOFR
Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.07;
provided that, notwithstanding anything to the contrary herein, no Loan may be converted into or continued as a Loan denominated
in a different currency but instead must be prepaid in the original currency of such Loan and reborrowed in the other currency. The Administrative
Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall
be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall
be considered a separate Borrowing.

 

(b)           To
make an election pursuant to this Section, the Administrative Borrower shall notify the Administrative Agent of such election by hand
delivery, electronic mail, facsimile or other electronic transmission by the time that a Revolving Borrowing Request would be required
under Section 2.03 if the Administrative Borrower were requesting a Borrowing of the Type resulting from such election to be made
on the effective date of such election.

 

(c)           Each
written or electronic Interest Election Request shall specify the following information in compliance with Section 2.03:

 

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(i)            the
Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions
thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to
clauses (iii) and (iv) below shall be specified for each resulting Borrowing);

 

(ii)           the
effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day;

 

(iii)          whether
the resulting Borrowing is to be an ABR Borrowing or a EurodollarSOFR
Borrowing; and

 

(iv)          if
the resulting Borrowing is to be a EurodollarSOFR
Borrowing, the Interest Period to be applicable thereto after giving effect to such election,
which shall be a period contemplated by the definition of the term “Interest Period.”

 

If any such Interest Election Request requests
a EurodollarSOFR
Borrowing but does not specify an Interest Period, then the Administrative Borrower shall be deemed to have selected an Interest
Period of one month’s duration.

 

(d)           Promptly
following receipt of an Interest Election Request in accordance with this Section 2.07, the Administrative Agent shall advise each
Lender of the applicable Class of the details thereof and of such Lender’s portion of each resulting Borrowing.

 

(e)           If
the Administrative Borrower fails to deliver a timely Interest Election Request with respect to a EurodollarSOFR
Borrowing prior to the end of the Interest Period applicable thereto, then, unless such
Borrowing is repaid, at the end of such Interest Period such Borrowing, if denominated in Dollars, shall be continued as a EurodollarSOFR
Borrowing of one month. Notwithstanding any contrary provision hereof, if an Event of
Default has occurred and is continuing and the Administrative Agent, at the request of the Required Lenders, so notifies the Administrative
Borrower, then, so long as an Event of Default is continuing no outstanding Borrowing may be converted to or continued as a EurodollarSOFR
Borrowing in excess of one month.

 

(f)           Anything
in clauses (a) to (e) above to the contrary notwithstanding, 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 twelve
(12) Interest Periods in effect at any time for all Borrowings of EurodollarSOFR
Loans.

 

SECTION 2.08 Termination
and Reduction of Commitments.

 

(a)           Unless
previously terminated, (i) the Term Commitments shall terminate at 5:00 p.m., New York City time, on the Effective Date and (ii) the
Revolving Commitments shall terminate on the Revolving Maturity Date.

 

(b)           The
Borrower may at any time terminate, or from time to time reduce, the Commitments of any Class, provided that (i) each reduction
of the Commitments of any Class 

 

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shall be in an amount that is an integral multiple of $500,000 and not less than $500,000 unless
such amount represents all of the remaining Commitments of such Class and (ii) the Borrower shall not terminate or reduce the
Revolving Commitments if, after giving effect to any concurrent prepayment of the Revolving Loans in accordance with Section 2.11,
the aggregate Revolving Exposures would exceed the aggregate Revolving Commitments.

 

(c)           The
Administrative Borrower shall notify the Administrative Agent of any election to terminate or reduce the Commitments under paragraph (b) of
this Section 2.08 at least one (1) Business Day prior to the effective date of such termination or reduction, specifying such
election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the Lenders
of the contents thereof. Each notice delivered by the Administrative Borrower pursuant to this Section 2.08 shall be irrevocable;
provided that a notice of termination of the Revolving Commitments delivered by the Administrative Borrower may state that such
notice is conditioned upon the effectiveness of any credit facilities or the receipt of the proceeds from the issuance of other Indebtedness
or the occurrence of some other identifiable and specified event or condition, in which case such notice may be revoked or extended by
the Administrative Borrower (by notice to the Administrative Agent on or prior to the specified effective date of termination) if such
condition is not satisfied. Any termination or reduction of the Commitments of any Class shall be permanent. Each reduction of (x) the
Commitments of any Class shall be made ratably among the Lenders in accordance with their respective Commitments of such Class and
(y) the Revolving Commitments shall be made to any Class of Revolving Commitment as directed by the Administrative Borrower
(including to any Class of existing or extended Revolving Commitments).

 

SECTION 2.09 Repayment
of Loans; Evidence of Debt.

 

(a)           The Borrower hereby unconditionally promise to pay (i) to the
Administrative Agent for the account of each Lender the then unpaid principal amount of each Revolving Loan of such Lender on the
Revolving Maturity Date, (ii) to the Administrative Agent for the account of each Lender the then unpaid principal amount of
each Term Loan of such Lender as provided in Section 2.10 and (iii) to the Administrative Agent for the account of the
Swing Line Lender the then unpaid principal amount of each Swing Line Loan on the earlier of the Revolving Maturity Date and the
fifth Business Day after such Swing Line Loan is made; provided that on each date that a Revolving Borrowing is made, the
proceeds of any such Borrowing shall be applied by the Administrative Agent to repay any Swing Line Loans then
outstanding.

 

(b)           Each
Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such
Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender
from time to time hereunder.

 

(c)           The
Administrative Agent shall, in connection with the maintenance of the Register in accordance with Section 9.04(b)(iv), maintain
accounts in which it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period
applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower
to each Lender hereunder and (iii) the amount of any sum received 

 

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by the Administrative Agent hereunder for the account of the Lenders
and each Lender’s share thereof.

 

(d)           The
entries made in the accounts maintained pursuant to paragraph (c) of this Section 2.09 shall be prima facie evidence
of the existence and amounts of the obligations recorded therein, provided that the failure of the Administrative Agent to maintain
such accounts or any error therein shall not in any manner affect the obligation of the Borrower to pay any amounts due hereunder in
accordance with the terms of this Agreement.

 

(e)            Any
Lender may request through the Administrative Agent that Loans of any Class made by it be evidenced by a Note. In such event, the
Borrower shall execute and deliver to such Lender a Note payable to such Lender (or, if requested by such Lender, to such Lender and
its registered assigns).

 

SECTION 2.10 Amortization
of Term Loans.

 

(a)           Subject
to adjustment pursuant to paragraph (c) of this Section 2.10, the Borrower shall repay Initial Term Loans on the last
day of each March, June, September and December (commencing on March 31, 2020) in the principal amount of Term Loans as
follows (subject to reduction in accordance with the terms of Section 2.10(c) below); provided that if any such date
is not a Business Day, such payment shall be due on the next preceding Business Day:

 

	Payment Date	Amortization Payment
	March 31, 2020	$1,676,470.590.00
	June 30, 2020	$1,676,470.590.00
	September 30, 2020	$1,676,470.590.00
	December 31, 2020	$1,676,470.590.00
	March 31, 2021	$1,676,470.590.00
	June 30, 2021	$1,676,470.590.00
	September 30, 2021	$1,676,470.590.00
	December 31, 2021	$1,676,470.590.00
	March 31, 2022	$1,676,470.590.00
	June 30, 2022	$1,676,470.590.00
	September 30, 2022	$1,676,470.590.00
	December 31, 2022	$1,676,470.590.00
	March 31, 2023	$1,676,470.590.00
	June 30, 2023	$1,676,470.590.00
	September 30, 2023	$1,676,470.590.00
	December 31, 2023	$1,676,470.590.00
	March 31, 2024	$1,676,470.590.00
	June 30, 2024	$1,676,470.590.00

 

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provided,
further, that notwithstanding the foregoing, as a result of adjustments made pursuant to paragraph (c) of this Section 2.10
prior to the Amendment No. 4 Effective Date, the amortization payments otherwise required pursuant to the table in this Section 2.10(a) have
been satisfied, and no such amortization payments following the Amendment No. 4 Effective Date are required.

 

(b)           To
the extent not previously paid, all Term Loans shall be due and payable on the Term Maturity Date.

 

(c)           Any
prepayment of a Term Borrowing of any Class (i) pursuant to Section 2.11(a) shall be applied to reduce the subsequent
scheduled and outstanding repayments of the Term Borrowings of such Class to be made pursuant to this Section 2.10 as directed
by the Administrative Borrower (and absent such direction in direct order of maturity) and (ii) pursuant to Section 2.11(c) or
2.11(d) shall be applied to reduce the subsequent scheduled and outstanding repayments of the Term Borrowings of such Class to
be made pursuant to this Section 2.10, or, in each case except as otherwise provided in any Incremental Amendment, Refinancing Amendment
or Loan Modification Agreement, pursuant to the corresponding section of such Incremental Amendment, Refinancing Amendment or Loan Modification
Agreement, as applicable, as directed by the Administrative Borrower and, in the absence of such direction, in direct order of maturity
(including any Incremental Facility).

 

(d)           Prior
to any repayment of any Term Borrowings of any Class hereunder, the Administrative Borrower shall select the Borrowing or Borrowings
of the applicable Class to be repaid and shall notify the Administrative Agent by hand delivery, facsimile or other electronic transmission
of such election not later than 2:00 p.m., New York City time, one (1) Business Day before the scheduled date of such repayment.
In the absence of a designation by the Administrative Borrower as described in the preceding sentence, the Administrative Agent shall
make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.16
and shall be applied in direct order of maturity. Each repayment of a Borrowing shall be applied ratably to the Loans included in the
repaid Borrowing. Repayments of Term Borrowings shall be accompanied by accrued interest on the amount repaid.

 

SECTION 2.11 Prepayment
of Loans.

 

(a)            (i) 
The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, without premium or penalty;
provided that in the event that, on or prior to the date that is 12six
months after the Amendment No. 24
Effective Date, the Borrower (x) makes any prepayment of Initial Term Loans in connection
with any Repricing Transaction or (y) effects any amendment of this Agreement resulting in a Repricing Transaction or (z) makes
a mandatory prepayment of Initial Term Loans pursuant to Section 2.11(c) in connection with a Prepayment Event described in
clause (b) of the definition of “Prepayment Event” resulting in a Repricing Transaction, in either case, the
Borrower shall pay to the Administrative Agent, for the ratable account of each of the applicable Term Lenders holding Initial Term Loans,
(I) a prepayment premium of 1.00% of the principal amount of the Initial Term Loans being prepaid in connection with such Repricing
Transaction and (II) in the case of clause (y), an amount equal to 1.00% of the aggregate amount of the applicable Initial Term
Loans of

 

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non-consenting Lenders outstanding immediately prior to such amendment that are subject to an effective pricing reduction pursuant
to such amendment.

 

(ii)           Notwithstanding
anything in any Loan Document to the contrary, so long as no Default or Event of Default has occurred and is continuing, Holdings, any
Intermediate Parent, the Borrower or any of their respective Subsidiaries may offer to prepay all or a portion of the outstanding Class of
any Term Loans on the following basis:

 

(A)         Holdings,
any Intermediate Parent, the Borrower or any of their respective Subsidiaries shall have the right to make a voluntary prepayment of
Term Loans at a discount to par (such prepayment, the “Discounted Term Loan Prepayment”) pursuant to a Borrower Offer
of Specified Discount Prepayment, Borrower Solicitation of Discount Range Prepayment Offers or Borrower Solicitation of Discounted Prepayment
Offers, in each case made in accordance with this Section 2.11(a)(ii); provided that (x) Holdings, any Intermediate
Parent, the Borrower or any of their respective Subsidiaries shall not make any Borrowing of Revolving Loans to fund any Discounted Term
Loan Prepayment and (y) Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries shall not initiate
any action under this Section 2.11(a)(ii) in order to make a Discounted Term Loan Prepayment unless (I) at least ten (10) Business
Days shall have passed since the consummation of the most recent Discounted Term Loan Prepayment as a result of a prepayment made by
Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries on the applicable Discounted Prepayment Effective
Date; or (II) at least three (3) Business Days shall have passed since the date Holdings, any Intermediate Parent, the Borrower
or any of their respective Subsidiaries were notified that no Term Lender was willing to accept any prepayment of any Term Loan and/or
Other Term Loan at the Specified Discount, within the Discount Range or at any discount to par value, as applicable, or in the case of
Borrower Solicitation of Discounted Prepayment Offers, the date of Holdings’, any Intermediate Parent’s, the Borrower’s
or any of their respective Subsidiaries’ election not to accept any Solicited Discounted Prepayment Offers and (z) each Lender
participating in any Discounted Term Loan Prepayment acknowledges and agrees that in connection with such Discounted Term Loan Prepayment,
(1) the Borrower then may have, and later may come into possession of, information regarding the Term Loans or the Loan Parties
hereunder that is not known to such Lender and that may be material to a decision by such Lender to participate in such Discounted Term
Loan Prepayment (“Excluded Information”), (2) such Lender has independently and, without reliance on Holdings,
any of its Subsidiaries, the Administrative Agent or any of their respective Affiliates, made its own analysis and determination to participate
in such Discounted Term Loan Prepayment notwithstanding such Lender’s lack of knowledge of the Excluded Information and (3) none
of Holdings, its Subsidiaries, the Administrative Agent, or any of their respective Affiliates shall have any liability to such Lender,
and such Lender hereby waives and releases, to the extent permitted by Requirements of Law, any claims such Lender may have against Holdings,
its Subsidiaries, the Administrative Agent, and their respective Affiliates, under applicable laws or otherwise, with respect to the
nondisclosure of the

 

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Excluded Information; provided further that any Term Loan that is prepaid will be automatically and irrevocably
cancelled.

 

(B)          (1) 
Subject to the proviso to subsection (A) above, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
may from time to time offer to make a Discounted Term Loan Prepayment by providing the Auction Agent with three (3) Business Days’
notice in the form of a Specified Discount Prepayment Notice; provided that (I) any such offer shall be made available, at
the sole discretion of Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries, to each Term Lender and/or
each Lender with respect to any Class of Term Loans on an individual tranche basis, (II) any such offer shall specify the aggregate
principal amount offered to be prepaid (the “Specified Discount Prepayment Amount”) with respect to each applicable
tranche, the tranche or tranches of Term Loans subject to such offer and the specific percentage discount to par (the “Specified
Discount”) of such Term Loans to be prepaid (it being understood that different Specified Discounts and/or Specified Discount
Prepayment Amounts may be offered with respect to different tranches of Term Loans and, in such an event, each such offer will be treated
as a separate offer pursuant to the terms of this Section), (III) the Specified Discount Prepayment Amount shall be in an aggregate
amount not less than $1,000,000 and whole increments of $500,000 in excess thereof and (IV) each such offer shall remain outstanding
through the Specified Discount Prepayment Response Date. The Auction Agent will promptly provide each relevant Term Lender with a copy
of such Specified Discount Prepayment Notice and a form of the Specified Discount Prepayment Response to be completed and returned by
each such Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m., New York City time, on the third Business Day after
the date of delivery of such notice to the relevant Term Lenders (the “Specified Discount Prepayment Response Date”).

 

(2)            Each
relevant Term Lender receiving such offer shall notify the Auction Agent (or its delegate) by the Specified Discount Prepayment Response
Date whether or not it agrees to accept a prepayment of any of its relevant then outstanding Term Loans at the Specified Discount and,
if so (such accepting Term Lender, a “Discount Prepayment Accepting Lender”), the amount and the tranches of such
Lender’s Term Loans to be prepaid at such offered discount. Each acceptance of a Discounted Term Loan Prepayment by a Discount
Prepayment Accepting Lender shall be irrevocable. Any Term Lender whose Specified Discount Prepayment Response is not received by the
Auction Agent by the Specified Discount Prepayment Response Date shall be deemed to have declined to accept the applicable Borrower Offer
of Specified Discount Prepayment.

 

(3)            If
there is at least one Discount Prepayment Accepting Lender, Holdings, any Intermediate Parent, the Borrower or any of their respective
Subsidiaries will make prepayment of outstanding Term Loans pursuant to this paragraph (B) to each Discount Prepayment

 

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Accepting
Lender in accordance with the respective outstanding amount and tranches of Term Loans specified in such Lender’s Specified Discount
Prepayment Response given pursuant to subsection (2); provided that, if the aggregate principal amount of Term Loans accepted
for prepayment by all Discount Prepayment Accepting Lenders exceeds the Specified Discount Prepayment Amount, such prepayment shall be
made pro-rata among the Discount Prepayment Accepting Lenders in accordance with the respective principal amounts accepted to be prepaid
by each such Discount Prepayment Accepting Lender and the Auction Agent (in consultation with Holdings, any Intermediate Parent, the
Borrower or any of their respective Subsidiaries and subject to rounding requirements of the Auction Agent made in its reasonable discretion)
will calculate such proration (the “Specified Discount Proration”). The Auction Agent shall promptly, and in any case
within three (3) Business Days following the Specified Discount Prepayment Response Date, notify (I) Holdings, any Intermediate
Parent, the Borrower or any of their respective Subsidiaries of the respective Term Lenders’ responses to such offer, the Discounted
Prepayment Effective Date and the aggregate principal amount of the Discounted Term Loan Prepayment and the tranches to be prepaid, (II) each
Term Lender of the Discounted Prepayment Effective Date, and the aggregate principal amount and the tranches of Term Loans to be prepaid
at the Specified Discount on such date and (III) each Discount Prepayment Accepting Lender of the Specified Discount Proration,
if any, and confirmation of the principal amount, tranche and Type of Loans of such Lender to be prepaid at the Specified Discount on
such date. Each determination by the Auction Agent of the amounts stated in the foregoing notices to Holdings, any Intermediate Parent,
the Borrower or any of their respective Subsidiaries and Lenders shall be conclusive and binding for all purposes absent manifest error.
The payment amount specified in such notice to Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
shall be due and payable by Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries on the Discounted
Prepayment Effective Date in accordance with subsection (F) below (subject to subsection (J) below).

 

(C)            (1) 
Subject to the proviso to subsection (A) above, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
may from time to time solicit Discount Range Prepayment Offers by providing the Auction Agent with three (3) Business Days’
notice in the form of a Discount Range Prepayment Notice; provided that (I) any such solicitation shall be extended, at the
sole discretion of Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries, to each Term Lender and/or
each Lender with respect to any Class of Loans on an individual tranche basis, (II) any such notice shall specify the maximum
aggregate principal amount of the relevant Term Loans (the “Discount Range Prepayment Amount”), the tranche or tranches
of Term Loans subject to such offer and the maximum and minimum percentage discounts to par (the “Discount Range”)
of the principal amount of such Term Loans with respect to each relevant tranche of Term Loans willing to be prepaid by Holdings, any

 

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Intermediate Parent, the Borrower or any of their respective Subsidiaries (it being understood that different Discount Ranges and/or Discount
Range Prepayment Amounts may be offered with respect to different tranches of Term Loans and, in such an event, each such offer will be
treated as a separate offer pursuant to the terms of this Section), (III) the Discount Range Prepayment Amount shall be in an aggregate
amount not less than $1,000,000 and whole increments of $500,000 in excess thereof and (IV) each such solicitation by Holdings, any
Intermediate Parent, the Borrower or any of their respective Subsidiaries shall remain outstanding through the Discount Range Prepayment
Response Date. The Auction Agent will promptly provide each relevant Term Lender with a copy of such Discount Range Prepayment Notice
and a form of the Discount Range Prepayment Offer to be submitted by a responding relevant Term Lender to the Auction Agent (or its delegate)
by no later than 5:00 p.m., New York City time, on the third Business Day after the date of delivery of such notice to the relevant Term
Lenders (the “Discount Range Prepayment Response Date”). Each relevant Term Lender’s Discount Range Prepayment
Offer shall be irrevocable and shall specify a discount to par within the Discount Range (the “Submitted Discount”)
at which such Term Lender is willing to allow prepayment of any or all of its then outstanding Term Loans of the applicable tranche or
tranches and the maximum aggregate principal amount and tranches of such Lender’s Term Loans (the “Submitted Amount”)
such Lender is willing to have prepaid at the Submitted Discount. Any Term Lender whose Discount Range Prepayment Offer is not received
by the Auction Agent by the Discount Range Prepayment Response Date shall be deemed to have declined to accept a Discounted Term Loan
Prepayment of any of its Term Loans at any discount to their par value within the Discount Range.

 

(2)            The
Auction Agent shall review all Discount Range Prepayment Offers received on or before the applicable Discount Range Prepayment Response
Date and shall determine (in consultation with Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
and subject to rounding requirements of the Auction Agent made in its sole reasonable discretion) the Applicable Discount and Term Loans
to be prepaid at such Applicable Discount in accordance with this subsection (C). Holdings, any Intermediate Parent, the Borrower or any
of their respective Subsidiaries agree to accept on the Discount Range Prepayment Response Date all Discount Range Prepayment Offers received
by the Auction Agent by the Discount Range Prepayment Response Date, in the order from the Submitted Discount that is the largest discount
to par to the Submitted Discount that is the smallest discount to par, up to and including the Submitted Discount that is the smallest
discount to par within the Discount Range (such Submitted Discount that is the smallest discount to par within the Discount Range being
referred to as the “Applicable Discount”) which yields a Discounted Term Loan Prepayment in an aggregate principal
amount equal to the lower of (I) the Discount Range Prepayment Amount and (II) the sum of all Submitted Amounts. Each Lender
that has submitted a Discount Range Prepayment Offer to accept prepayment at a discount to par that is larger than or equal to the Applicable

 

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Discount shall be deemed to have irrevocably consented to prepayment of Term Loans equal to its Submitted Amount (subject to any required
proration pursuant to the following subsection (3)) at the Applicable Discount (each such Lender, a “Participating Lender”).

 

(3)            If
there is at least one Participating Lender, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries will
prepay the respective outstanding Term Loans of each Participating Lender in the aggregate principal amount and of the tranches specified
in such Lender’s Discount Range Prepayment Offer at the Applicable Discount; provided that if the Submitted Amount by all
Participating Lenders offered at a discount to par greater than the Applicable Discount exceeds the Discount Range Prepayment Amount,
prepayment of the principal amount of the relevant Term Loans for those Participating Lenders whose Submitted Discount is a discount to
par greater than or equal to the Applicable Discount (the “Identified Participating Lenders”) shall be made pro-rata
among the Identified Participating Lenders in accordance with the Submitted Amount of each such Identified Participating Lender and the
Auction Agent (in consultation with Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries and subject
to rounding requirements of the Auction Agent made in its sole reasonable discretion) will calculate such proration (the “Discount
Range Proration”). The Auction Agent shall promptly, and in any case within five (5) Business Days following the Discount
Range Prepayment Response Date, notify (I) Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
of the respective Term Lenders’ responses to such solicitation, the Discounted Prepayment Effective Date, the Applicable Discount,
and the aggregate principal amount of the Discounted Term Loan Prepayment and the tranches to be prepaid, (II) each Term Lender of
the Discounted Prepayment Effective Date, the Applicable Discount, and the aggregate principal amount and tranches of Term Loans to be
prepaid at the Applicable Discount on such date, (III) each Participating Lender of the aggregate principal amount and tranches of
such Lender to be prepaid at the Applicable Discount on such date, and (z) if applicable, each Identified Participating Lender of
the Discount Range Proration. Each determination by the Auction Agent of the amounts stated in the foregoing notices to Holdings, any
Intermediate Parent, the Borrower or any of their respective Subsidiaries and Lenders shall be conclusive and binding for all purposes
absent manifest error. The payment amount specified in such notice to Holdings, any Intermediate Parent, the Borrower or any of their
respective Subsidiaries shall be due and payable by the Borrower on the Discounted Prepayment Effective Date in accordance with subsection
(F) below (subject to subsection (J) below).

 

(D)            (1) 
Subject to the proviso to subsection (A) above, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
may from time to time solicit Solicited Discounted Prepayment Offers by providing the

 

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Auction Agent with three (3) Business Days’
notice in the form of a Solicited Discounted Prepayment Notice; provided that (I) any such solicitation shall be extended, at the
sole discretion of Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries, to each Term Lender and/or
each Lender with respect to any Class of Term Loans on an individual tranche basis, (II) any such notice shall specify the maximum
aggregate Dollar Amount of the Term Loans (the “Solicited Discounted Prepayment Amount”) and the tranche or tranches
of Term Loans Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries is willing to prepay at a discount
(it being understood that different Solicited Discounted Prepayment Amounts may be offered with respect to different tranches of Term
Loans and, in such an event, each such offer will be treated as a separate offer pursuant to the terms of this Section), (III) the
Solicited Discounted Prepayment Amount shall be in an aggregate amount not less than $1,000,000 and whole increments of $500,000 in excess
thereof and (IV) each such solicitation by Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
shall remain outstanding through the Solicited Discounted Prepayment Response Date. The Auction Agent will promptly provide each relevant
Term Lender with a copy of such Solicited Discounted Prepayment Notice and a form of the Solicited Discounted Prepayment Offer to be submitted
by a responding Term Lender to the Auction Agent (or its delegate) by no later than 5:00 p.m., New York City time on the third Business
Day after the date of delivery of such notice to the relevant Term Lenders (the “Solicited Discounted Prepayment Response Date”).
Each Term Lender’s Solicited Discounted Prepayment Offer shall (x) be irrevocable, (y) remain outstanding until the Acceptance
Date, and (z) specify both a discount to par (the “Offered Discount”) such Term Lender is willing to allow to
be applied to the prepayment of its then outstanding Term Loan and the maximum aggregate principal amount and tranches of such Term Loans
(the “Offered Amount”) such Term Lender is willing to have prepaid subject to such Offered Discount. Any Term Lender
whose Solicited Discounted Prepayment Offer is not received by the Auction Agent by the Solicited Discounted Prepayment Response Date
shall be deemed to have declined prepayment of any of its Term Loans at any discount.

 

(2)            The
Auction Agent shall promptly provide Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries with a copy
of all Solicited Discounted Prepayment Offers received on or before the Solicited Discounted Prepayment Response Date. Holdings, any Intermediate
Parent, the Borrower or any of their respective Subsidiaries shall review all such Solicited Discounted Prepayment Offers and select the
largest of the Offered Discounts specified by the relevant responding Term Lenders in the Solicited Discounted Prepayment Offers that
is acceptable to Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries (the “Acceptable Discount”),
if any. If Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries elects to accept any Offered Discount
as the Acceptable Discount, then as soon as practicable after the determination of the Acceptable Discount, but in no event later than
by the third Business Day

 

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after the date of receipt by Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
from the Auction Agent of a copy of all Solicited Discounted Prepayment Offers pursuant to the first sentence of this subsection (2) (the
 “Acceptance Date”), Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries shall submit
an Acceptance and Prepayment Notice to the Auction Agent setting forth the Acceptable Discount. If the Auction Agent shall fail to receive
an Acceptance and Prepayment Notice from Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries by the
Acceptance Date, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries shall be deemed to have rejected
all Solicited Discounted Prepayment Offers.

 

(3)            Based
upon the Acceptable Discount and the Solicited Discounted Prepayment Offers received by Auction Agent by the Solicited Discounted Prepayment
Response Date, within three (3) Business Days after receipt of an Acceptance and Prepayment Notice (the “Discounted Prepayment
Determination Date”), the Auction Agent will determine (in consultation with Holdings, any Intermediate Parent, the Borrower
or any of their respective Subsidiaries and subject to rounding requirements of the Auction Agent made in its sole reasonable discretion)
the aggregate principal amount and the tranches of Term Loans (the “Acceptable Prepayment Amount”) to be prepaid by
Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries at the Acceptable Discount in accordance with
this Section 2.11(a)(ii)(D). If Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries elects to
accept any Acceptable Discount, then Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries agrees to
accept all Solicited Discounted Prepayment Offers received by Auction Agent by the Solicited Discounted Prepayment Response Date, in the
order from largest Offered Discount to smallest Offered Discount, up to and including the Acceptable Discount. Each Lender that has submitted
a Solicited Discounted Prepayment Offer with an Offered Discount that is greater than or equal to the Acceptable Discount shall be deemed
to have irrevocably consented to prepayment of Term Loans equal to its Offered Amount (subject to any required pro-rata reduction pursuant
to the following sentence) at the Acceptable Discount (each such Lender, a “Qualifying Lender”). Holdings, any Intermediate
Parent, the Borrower or any of their respective Subsidiaries will prepay outstanding Term Loans pursuant to this subsection (D) to
each Qualifying Lender in the aggregate principal amount and of the tranches specified in such Lender’s Solicited Discounted Prepayment
Offer at the Acceptable Discount; provided that if the aggregate Offered Amount by all Qualifying Lenders whose Offered Discount
is greater than or equal to the Acceptable Discount exceeds the Solicited Discounted Prepayment Amount, prepayment of the principal amount
of the Term Loans for those Qualifying Lenders whose Offered Discount is greater than or equal to the Acceptable Discount (the “Identified

 

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Qualifying Lenders”) shall be made pro-rata among the Identified Qualifying Lenders in accordance with the Offered Amount of
each such Identified Qualifying Lender and the Auction Agent (in consultation with Holdings, any Intermediate Parent, the Borrower or
any of their respective Subsidiaries and subject to rounding requirements of the Auction Agent made in its sole reasonable discretion)
will calculate such proration (the “Solicited Discount Proration”). On or prior to the Discounted Prepayment Determination
Date, the Auction Agent shall promptly notify (I) Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
of the Discounted Prepayment Effective Date and Acceptable Prepayment Amount comprising the Discounted Term Loan Prepayment and the tranches
to be prepaid, (II) each Term Lender who made a Solicited Discounted Prepayment Offer of the Discounted Prepayment Effective Date,
the Acceptable Discount, and the Acceptable Prepayment Amount of all Term Loans and the tranches to be prepaid to be prepaid at the Applicable
Discount on such date, (III) each Qualifying Lender of the aggregate principal amount and the tranches of such Lender to be prepaid
at the Acceptable Discount on such date, and (IV) if applicable, each Identified Qualifying Lender of the Solicited Discount Proration.
Each determination by the Auction Agent of the amounts stated in the foregoing notices to the Borrower and Lenders shall be conclusive
and binding for all purposes absent manifest error. The payment amount specified in such notice to the Borrower shall be due and payable
by the Borrower on the Discounted Prepayment Effective Date in accordance with subsection (F) below (subject to subsection (J) below).

 

(E)            In
connection with any Discounted Term Loan Prepayment, Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
and the Lenders acknowledge and agree that the Auction Agent may require as a condition to any Discounted Term Loan Prepayment, the payment
of reasonable and customary fees and expenses from Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries
in connection therewith.

 

(F)            If
any Term Loan is prepaid in accordance with paragraphs (B) through (D) above, Holdings, any Intermediate Parent, the Borrower
or any of their respective Subsidiaries shall prepay such Term Loans on the Discounted Prepayment Effective Date. Holdings, any Intermediate
Parent, the Borrower or any of their respective Subsidiaries shall make such prepayment to the Auction Agent, for the account of the Discount
Prepayment Accepting Lenders, Participating Lenders, or Qualifying Lenders, as applicable, at the Administrative Agent’s Office
in immediately available funds not later than 11:00 a.m. New York City time on the Discounted Prepayment Effective Date and all such
prepayments shall be applied to the remaining principal installments of the relevant tranche of Term Loans as directed by the Borrower.
The Term Loans so prepaid shall be accompanied by all accrued and unpaid interest on the par principal amount so prepaid up to, but not
including, the Discounted Prepayment Effective Date. Each

 

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prepayment of the outstanding Term Loans pursuant to this Section 2.11(a)(ii) shall
be paid to the Discount Prepayment Accepting Lenders, Participating Lenders, or Qualifying Lenders, as applicable. The aggregate principal
amount of the tranches and installments of the relevant Term Loans outstanding shall be deemed reduced by the full par value of the aggregate
principal amount of the tranches of Term Loans prepaid on the Discounted Prepayment Effective Date in any Discounted Term Loan Prepayment.

 

(G)            To
the extent not expressly provided for herein, each Discounted Term Loan Prepayment shall be consummated pursuant to procedures consistent
with the provisions in this Section 2.11(a)(ii), established by the Auction Agent acting in its reasonable discretion and as reasonably
agreed by Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries.

 

(H)            Notwithstanding
anything in any Loan Document to the contrary, for purposes of this Section 2.11(a)(ii), each notice or other communication required
to be delivered or otherwise provided to the Auction Agent (or its delegate) shall be deemed to have been given upon Auction Agent’s
(or its delegate’s) actual receipt during normal business hours of such notice or communication; provided that any notice
or communication actually received outside of normal business hours shall be deemed to have been given as of the opening of business on
the next Business Day.

 

(I)            Each
of Holdings, any Intermediate Parent, the Borrower or any of their respective Subsidiaries and the Lenders acknowledges and agrees that
the Auction Agent may perform any and all of its duties under this Section 2.11(a)(ii) by itself or through any Affiliate of
the Auction Agent and expressly consents to any such delegation of duties by the Auction Agent to such Affiliate and the performance of
such delegated duties by such Affiliate. The exculpatory provisions pursuant to this Agreement shall apply to each Affiliate of the Auction
Agent and their respective activities in connection with any Discounted Term Loan Prepayment provided for in this Section 2.11(a)(ii) as
well as activities of the Auction Agent.

 

(J)            Holdings,
any Intermediate Parent, the Borrower or any of their respective Subsidiaries shall have the right, by written notice to the Auction Agent,
to revoke in full (but not in part) its offer to make a Discounted Term Loan Prepayment and rescind the applicable Specified Discount
Prepayment Notice, Discount Range Prepayment Notice or Solicited Discounted Prepayment Notice therefor at its discretion at any time on
or prior to the applicable Specified Discount Prepayment Response Date, Discount Range Prepayment Response Date or Solicited Discounted
Prepayment Response Date, as applicable (and if such offer is revoked pursuant to the preceding clauses, any failure by the Borrower to
make any prepayment to a Term Lender, as applicable, pursuant to this Section 2.11(a)(ii) shall not constitute a Default or
Event of Default under Section 7.01 or otherwise).

 

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(b)            In
the event and on each occasion that the aggregate Revolving Exposures exceed the aggregate Revolving Commitments (other than as a result
of currency fluctuations on any date that is not a Revaluation Date), the Borrower shall prepay Revolving Borrowings (or, if no such Borrowings
are outstanding, deposit cash collateral in an account with the Administrative Agent pursuant to Section 2.05(j)) in an aggregate
amount necessary to eliminate such excess within one (1) Business Day following Borrower’s receipt of written notice from the
Administrative Agent.

 

(c)            In
the event and on each occasion that any Net Proceeds are received by or on behalf of Holdings or its Restricted Subsidiaries in respect
of any Prepayment Event, the Borrower shall within five (5) Business Days after such Net Proceeds are received (or, in the case of
a Prepayment Event described in clause (b) of the definition of the term “Prepayment Event,” on the date of such Prepayment
Event), prepay Initial Term Loans in an aggregate amount equal to 100% of the amount of such Net Proceeds; provided that, in the
case of any Prepayment Event pursuant to clause (a) of the definition thereof, the foregoing percentage shall be reduced to (i) 50%
of the amount of such Net Proceeds, if the Senior Secured First Lien Net Leverage Ratio is less than or equal to 4.00:1.00 but greater
than 3.00:1.00 for the applicable Test Period at the time of such Prepayment Event and (ii) 0% of the amount of such Net Proceeds,
if the Senior Secured First Lien Net Leverage Ratio is less than or equal to 3.00:1.00 for the applicable Test Period at the time of such
Prepayment Event (any amounts from any Prepayment Event described in clause (a) of the definition of the term “Prepayment Event”
not required to prepay the Term Loans pursuant to this clause (c) as a result of such stepdowns, the “Retained Asset Sale
Proceeds”); provided further that, in the case of any event described in clause (a) of the definition of the
term “Prepayment Event”, if Holdings, the Borrower or any of the Restricted Subsidiaries invest (or commit to invest) the
Net Proceeds from such event (or a portion thereof) within 18 months after receipt of such Net Proceeds in the business of the Borrower
and the other Subsidiaries, then no prepayment shall be required pursuant to this paragraph in respect of such Net Proceeds in respect
of such event (or the applicable portion of such Net Proceeds, if applicable) except to the extent of any such Net Proceeds therefrom
that have not been so invested (or committed to be invested) by the end of such 18-month period (or if committed to be so invested within
such 18-month period, have not been so invested within 24 months after receipt thereof), at which time a prepayment shall be required
in an amount equal to such Net Proceeds that have not been so invested (or committed to be invested); provided further that the
Borrower may use a portion of such Net Proceeds to prepay or repurchase any Incremental Term Loans, Other Term Loans or other Indebtedness,
in each case that is secured by the Collateral on a pari passu basis with the Loans to the extent such other Indebtedness and the
Liens securing the same are permitted hereunder and the documentation governing such other Indebtedness requires such a prepayment or
repurchase thereof with the proceeds of such Prepayment Event, in each case in an amount not to exceed the product of (x) the amount
of such Net Proceeds and (y) a fraction, the numerator of which is the outstanding principal amount of such other Indebtedness and
the denominator of which is the aggregate outstanding principal amount of Initial Term Loans and such other Indebtedness.

 

(d)            Following
the end of each fiscal year of Holdings, commencing with the fiscal year ending on or about August 31, 2018, the Borrower shall prepay
Initial Term Loans in an aggregate amount equal to the ECF Percentage of Excess Cash Flow for such fiscal year; provided that (1) such
amount shall be reduced by the aggregate amount of prepayments and repurchases of (i) Term Loans (and, (x) amounts used to repay
borrowings of Revolving Loans incurred on the

 

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Effective Date to fund original issue discount or upfront fees resulting from the Joint
Lead Arrangers’ exercise of the “pricing flex” provisions of the Fee Letter and (y) to the extent the Revolving
Commitments are reduced in a corresponding amount pursuant to Section 2.08, Revolving Loans) made pursuant to Section 2.11(a) or
otherwise in a manner not prohibited by Section 9.04(g) during such fiscal year or after such fiscal year and prior to the time
such prepayment is due (without duplication to subsequent years) as provided below (provided that such reduction as a result of
prepayments pursuant to Section 2.11(a)(ii) or repurchases pursuant to Section 9.04(g) shall be limited to the actual
amount of such cash prepayment) and (ii) other Senior Secured First Lien Indebtedness (provided that in the case of the prepayment
of any revolving commitments, there is a corresponding reduction in commitments) made during such fiscal year or after such fiscal year
and prior to the time such prepayment is due (without duplication to subsequent years) (excluding all such prepayments funded with the
proceeds of other long term Indebtedness) and (2) no prepayment of Initial Term Loans under this clause ‎(d) shall
be required unless Excess Cash Flow for such fiscal year is in an aggregate amount greater than or equal to $3,000,000. Each prepayment
pursuant to this paragraph shall be made on or before the date that is ten (10) days after the date on which financial statements
are required to be delivered pursuant to Section 5.01 with respect to the fiscal year for which Excess Cash Flow is being calculated.

 

(e)            Prior
to any optional prepayment of Borrowings pursuant to Section 2.11(a)(i), the Administrative Borrower shall select the Borrowing or
Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to paragraph (f) of this
Section 2.11. In the event of any optional prepayment of Revolving Borrowings, the Administrative Borrower shall select the Class or
Classes of Revolving Borrowings to be prepaid. In the event of any mandatory prepayment of Term Borrowings made at a time when Term Borrowings
of more than one Class remain outstanding, the Administrative Borrower shall select Term Borrowings to be prepaid so that the aggregate
amount of such prepayment is allocated between Term Borrowings (and, to the extent provided in the Refinancing Amendment for any Class of
Other Term Loans, the Borrowings of such Class) pro rata based on the aggregate principal amount of outstanding Borrowings of each such
Class; provided that any Term Lender (and, to the extent provided in the Refinancing Amendment or Loan Modification Agreement for
any Class of Other Term Loans, any Lender that holds Other Term Loans of such Class) may elect, by notice to the Administrative Agent
by hand delivery, facsimile or other electronic transmission at least three (3) Business Days prior to the prepayment date, to decline
all (and only all) of any mandatory prepayment of its Term Loans or Other Term Loans of any such Class pursuant to this Section 2.11
(other than a mandatory prepayment as a result of a Prepayment Event set forth in clause (b) of the definition thereof, which may
not be declined), in which case the aggregate amount of the prepayment that would have been applied to prepay Term Loans or Other Term
Loans of any such Class but was so declined (and not used pursuant to the immediately following sentence) shall be retained by Holdings
or its Restricted Subsidiaries (such amounts, “Retained Declined Proceeds”). The amount of any mandatory prepayment
of Term Borrowings declined by the Lenders under this Section 2.11(e) may, to the extent not prohibited hereunder or under the
documentation governing the Permitted First Priority Refinancing Debt or the Pari Passu Intercreditor Agreement, be applied by the Borrower
to prepay (at the Administrative Borrower’s election), pari passu Indebtedness or Permitted Junior Priority Refinancing Debt or
may be retained to be used for any other purposes not prohibited hereunder. Optional prepayments of Term Borrowings shall be allocated
among the Classes of Term Borrowings as directed by the

 

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Administrative Borrower. In the absence of a designation by the Administrative
Borrower as described in the preceding provisions of this paragraph of the Type of Borrowing of any Class, the Administrative Agent shall
make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.16,
provided that, in connection with any mandatory prepayments by the Borrower of the Term Loans pursuant to Section 2.11(c) or
(d), such prepayments shall be applied on a pro rata basis to the then outstanding Term Loans being prepaid irrespective of whether such
outstanding Term Loans are ABR Loans or EurodollarSOFR
Loans.

 

(f)            The
Administrative Borrower shall notify the Administrative Agent of any optional prepayment pursuant to Section 2.11(a)(i) or any
mandatory prepayment pursuant to this Section 2.11 by facsimile or other electronic transmission of any prepayment hereunder (i) in
the case of an optional prepayment pursuant to Section 2.11(a)(i) or a mandatory prepayment as a result of a Prepayment Event
set forth in clause (b) of the definition thereof (x) not later than 11:00 a.m., New York City time, three (3) Business
Days before the date of prepayment, if that prepayment is of a EurodollarSOFR
Borrowing or (y) not later than 11:00 a.m., New York City time, one (1) Business Day before the date of prepayment, if
that prepayment is of an ABR Borrowing or (ii) in the case of any other mandatory prepayment pursuant to Section 2.11, not later
than 11:00 a.m., New York City time, five (5) Business Days before the date of such prepayment. Each such notice shall be irrevocable
and shall specify the prepayment date, the principal amount of each Borrowing or portion thereof to be prepaid and, in the case of a mandatory
prepayment, a reasonably detailed calculation of the amount of such prepayment; provided that a notice of optional prepayment pursuant
to Section 2.11(a)(i) or a mandatory prepayment as a result of a Prepayment Event set forth in clause (b) of the definition
thereof may state that such notice is conditional upon the effectiveness of other credit facilities or the receipt of the proceeds from
the issuance of other Indebtedness or the occurrence of some other identifiable and specified event or condition, in which case such notice
of prepayment may be revoked or extended by the Administrative Borrower (by notice to the Administrative Agent on or prior to the specified
effective date of prepayment) if such condition is not satisfied. Promptly following receipt of any such notice under this Section 2.11(f),
the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount
that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02, except as necessary
to apply fully the required amount of a mandatory prepayment. Each prepayment of a Borrowing shall be applied ratably to the Loans included
in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.13, and subject
to Section 2.11(a)(i), shall be without premium or penalty. At the Borrower’s election in connection with any prepayment pursuant
to this Section 2.11, such prepayment shall not be applied to any Term Loan, Revolving Loan or Swing Line Loan of a Defaulting Lender
(under any of subclauses (a), (b) or (c) of the definition of “Defaulting Lender”) and shall be allocated ratably
among the relevant non-Defaulting Lenders.

 

(g)            Notwithstanding
any other provisions of Section 2.11(c) or (d), (A) to the extent that any of or all the Net Proceeds of any Prepayment
Event by a Subsidiary of Holdings that is organized or incorporated under the laws of a jurisdiction other than the United States, any
state, commonwealth or territory thereof or the District of Columbia, giving rise to a prepayment pursuant to Section 2.11(c) or
(d) (a “Restricted Prepayment Event”) or Excess Cash Flow are prohibited or delayed by applicable local law (including
financial assistance, corporate benefit,

 

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restrictions on repatriating or upstreaming of cash intra-group and the fiduciary and statutory
duties of the directors of the relevant subsidiaries) from being repatriated to the Borrower, the portion of such Net Proceeds or Excess
Cash Flow so affected will not be required to be taken into account in determining the amount to be applied to repay Term Loans at the
times provided in Section 2.11(c) or (d), as the case may be, and such amounts may be retained by such Subsidiary, (B) to
the extent that and for so long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds of any
Restricted Prepayment Event or Excess Cash Flow would have an adverse tax or cost consequence to any Loan Party or any direct or indirect
equity holder thereof with respect to such Net Proceeds or Excess Cash Flow, the Net Proceeds or Excess Cash Flow so affected will not
be required to be taken into account in determining the amount to be applied to repay Term Loans at the times provided in Section 2.11(c) or
Section 2.11(d), as the case may be, and such amounts may be retained by such Subsidiary, (C) to the extent that and for so
long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds of any Restricted Prepayment Event
or Excess Cash Flow would violate any material organizational document restrictions (including as a result of minority ownership) and
restrictions in other material agreements (to the extent not in violation of Section 6.09), the Net Proceeds or Excess Cash Flow
so affected will not be required to be taken into account in determining the amount to be applied to repay Term Loans at the times provided
in Section 2.11(c) or Section 2.11(d), as the case may be, and such amounts may be retained by such Subsidiary and (D) to
the extent that and for so long as the Borrower has determined in good faith that repatriation of any of or all the Net Proceeds of any
Restricted Prepayment Event or Excess Cash Flow would give rise to a risk of liability for the directors of such Subsidiary, the Net Proceeds
or Excess Cash Flow so affected will not be required to be taken into account in determining the amount to be applied to repay Term Loans
at the times provided in Section 2.11(c) or Section 2.11(d), as the case may be, and such amounts may be retained by such
Subsidiary; provided that (i) the Borrower hereby agrees to use commercially reasonable efforts (as determined in the Borrower’s
reasonable business judgment) to overcome or eliminate any such restrictions on repatriation even if the Borrower does not intend to actually
repatriate such cash, so that an amount equal to the full amount of such Net Proceeds will otherwise be subject to repayment under this
Section 2.11, and (ii) to the extent that the Borrower has determined in good faith that repatriation of any of or all the Net
Proceeds of any Restricted Payment Event could reasonably be expected to have adverse Tax cost consequences for Holdings, the Borrower
or any Restricted Subsidiary with respect to such Net Proceeds, an amount equal to such Net Proceeds that would be so affected will not
be subject to repayment under this Section 2.11 and such amounts shall be available for general corporate purposes of the Loan Parties
and their Subsidiaries as long as not required to be prepaid in accordance with this Section 2.11. For the avoidance of doubt, Borrower
shall be permitted to make any repayments required by Section 2.11(c) or Section 2.11(d) from any source of funds
and shall not be required to make any repayments from funds contained in any particular Loan Party. The non-application of any such prepayment
amounts as a result of the foregoing provisions will not constitute a Default or Event of Default and such amounts shall be available
for working capital and general corporate purposes of the Loan Parties and their Subsidiaries as long as not required to be prepaid in
accordance with such provisions. Notwithstanding the foregoing, any payments actually made by the Loan Parties shall be applied net of
an amount equal to the additional Taxes of Holdings, its Subsidiaries and the direct and indirect holders of Equity Interests in Holdings
that would be payable or reserved against and any additional costs that would be incurred as a result of a repatriation, whether or not
a repatriation actually occurs.

 

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		SECTION
                            2.12	Fees.

 

(a)            The
Borrower agrees to pay to the Administrative Agent for the account of each Revolving Lender (other than a Defaulting Lender) a commitment
fee, which shall accrue at the rate of the Commitment Fee Percentage per annum on the average daily unused amount of the Revolving Commitment
of such Lender (provided that Swing Line Loans shall be disregarded for purposes of determining such unused amount) during the
period from and including the Effective Date to but excluding the date on which the Revolving Commitments terminate. Accrued commitment
fees shall be payable in arrears on the last Business day of March, June, September and December of each year and on the date
on which the Revolving Commitments terminate, commencing on the first such date to occur after the Effective Date. All commitment fees
shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first
day but excluding the last day). For purposes of computing commitment fees, a Revolving Commitment of a Lender shall be deemed to be
used to the extent of the outstanding Revolving Loans and LC Exposure of such Lender.

 

(b)            The
Borrower agrees to pay (i) to the Administrative Agent for the account of each Revolving Lender (other than any Defaulting Lender)
a participation fee with respect to its participations in Letters of Credit, which shall accrue at the Applicable Rate used to determine
the interest rate applicable to EurodollarSOFR
Revolving Loans on the daily amount of such Lender’s LC Exposure (excluding any portion thereof attributable to unreimbursed LC
Disbursements but taking into account the maximum amount available to be drawn under all outstanding Letters of Credit, whether or not
such maximum amount is then in effect) during the period from and including the Effective Date to and including the later of the date
on which such Lender’s Revolving Commitment terminates and the date on which such Lender ceases to have any LC Exposure, and (ii) to
each Issuing Bank a fronting fee (which fee shall be calculated by the Administrative Agent in consultation with the applicable Issuing
Bank and payable directly to the applicable Issuing Bank), which shall accrue at the rate to be agreed by each Issuing Bank, not to be
greater than 0.125% per annum on the daily amount of the LC Exposure attributable to Letters of Credit issued by such Issuing Bank (excluding
any portion thereof attributable to unreimbursed LC Disbursements but taking into account the maximum amount available to be drawn under
all outstanding Letters of Credit, whether or not such maximum amount is then in effect) during the period from and including the Effective
Date to and including the later of the date of termination of the Revolving Commitments and the date on which there ceases to be any LC
Exposure, as well as such Issuing Bank’s standard fees with respect to the issuance, amendment, renewal or extension of any Letter
of Credit or processing of drawings thereunder. Participation fees and fronting fees accrued through and including the last day of March,
June, September and December of each year shall be payable on the last Business Day of March, June, September and December,
respectively, commencing on the first such date to occur after the Effective Date; provided that all such fees shall be payable
on the date on which the Revolving Commitments terminate and any such fees accruing after the date on which the Revolving Commitments
terminate shall be payable on demand. Any other fees payable to an Issuing Bank pursuant to this paragraph shall be payable within 10
days after written demand. All participation fees and fronting fees shall be computed on the basis of a year of 360 days and shall be
payable for the actual number of days elapsed (including the first day but excluding the last day).

 

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(c)            The
Borrower agrees to pay to the Administrative Agent, for its own account, fees payable in the amounts and at the times separately agreed
upon in writing between Parent and the Administrative Agent pursuant to the Fee Letter.

 

(d)            The
Borrower agrees to pay on the Effective Date to each Term Lender party to this Agreement as a Term Lender on the Effective Date, as fee
compensation for the funding of such Term Lender’s Initial Term Loan, a closing fee in an amount equal to 0.50% of the stated principal
amount of such Term Lender’s Initial Term Loan. Such fees shall be payable to each Lender out of the proceeds of such Term Lender’s
Initial Term Loan as and when funded on the Effective Date and may be treated (and reported) by the Borrower and Term Lenders as a reduction
in issue price of the Initial Term Loans for U.S. federal, state and local income tax purposes. Such closing fee will be in all respects
fully earned, due and payable on the Effective Date and non-refundable and non-creditable thereafter.

 

(e)            The
Borrower agrees to pay on the Amendment No. 2 Effective Date to each 2019 Incremental Term Loan Lender party to Amendment No. 2
as an 2019 Incremental Term Loan Lender on the Amendment No. 2 Effective Date, as fee compensation for the funding of such 2019
Incremental Term Loan Lender’s 2019 Incremental Term Loan, a closing fee in an amount equal to 0.50% of the stated principal amount
of such 2019 Incremental Term Lender’s 2019 Incremental Term Loan. Such fees shall be payable to each such 2019 Incremental Term
Loan Lender out of the proceeds of such 2019 Incremental Term Loan Lender’s 2019 Incremental Term Loan as and when funded on the
Amendment No. 2 Effective Date and may be treated (and reported) by the Borrower and 2019 Incremental Term Loan Lenders as a reduction
in issue price of the 2019 Incremental Term Loans for U.S. federal, state and local income tax purposes. Such closing fee will be in
all respects fully earned, due and payable on the Amendment No. 2 Effective Date and non-refundable and non-creditable thereafter.
Notwithstanding the foregoing, and subject to Section 2.22, the Borrower shall not be obligated to pay any amounts to any Defaulting
Lender pursuant to this Section 2.12.

 

		SECTION
                            2.13	Interest.

 

(a)            The
Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Rate.

 

(b)            The
Loans comprising each EurodollarSOFR
Borrowing shall bear interest at the Adjusted LIBO RateTerm
SOFR Rate (or, in the event that the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator
pursuant to the definition of “Term SOFR” and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has
not occurred, at the option of the Borrower, Daily SOFR Loans) for the Interest Period in effect for such Borrowing plus the
Applicable Rate.

 

(c)            Notwithstanding
the foregoing, if upon the occurrence and during the continuance of an Event of Default under Section 7.01(a) or (b), any principal
of or interest on any Loan or any fee or other amount payable by the Borrower hereunder is not paid when due, whether at stated maturity,
upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to
(i) in the case of overdue principal of any Loan, 2.00% per annum plus the rate otherwise applicable to such Loan as provided in
the

 

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preceding paragraphs of this Section 2.13 or (ii) in the case of any other amount, 2.00% per annum plus the rate applicable
to ABR Revolving Loans as provided in paragraph (a) of this Section 2.13; provided that no amount shall be payable
pursuant to this Section 2.13(c) to a Defaulting Lender so long as such Lender shall be a Defaulting Lender; provided,
further that no amounts shall accrue pursuant to this Section 2.13(c) on any overdue amount, reimbursement obligation
in respect of any LC Disbursement or other amount payable to a Defaulting Lender so long as such Lender shall be a Defaulting Lender.

 

(d)            Accrued
interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and, in the case of Revolving Loans, upon
termination of the Revolving Commitments, provided that (i) interest accrued pursuant to paragraph (c) of this Section 2.13
shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR Revolving
Loan prior to the end of the Revolving Availability Period), accrued interest on the principal amount repaid or prepaid shall be payable
on the date of such repayment or prepayment and (iii) in the event of any conversion of any EurodollarSOFR
Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of
such conversion.

 

(e)            All
interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed by reference to the Alternate Base
Rate shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual
number of days elapsed (including the first day but excluding the last day). The applicable Alternate Base Rate or,
Adjusted LIBOTerm SOFR Rate
or Daily Simple SOFR Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent
manifest error.

 

SECTION 2.14     Alternate
Rate of InterestInability to Determine
Rates.

 

If
at least two (2) Business Days prior to the commencement
of any Interest Period for a Eurodollar Borrowing:

 

(a) the
Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do
not exist for ascertaining the Adjusted LIBO Rate for such Interest Period; or

 

(b) the
Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate for such Interest Period will not adequately and fairly
reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period (in each case
with respect to the Loans impacted by this clause (b) or clause (a) above, “Impacted Loans”);

 

(c) the
Administrative Agent shall give notice thereof to the Borrower and the Lenders by facsimile or other electronic transmission as promptly
as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise
to such notice no longer exist, (i) in the event any Loans denominated in Dollars are so affected, (x) any Interest Election
Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective
and (y) if any Borrowing Request requests a Eurodollar Borrowing, then such Borrowing shall be made as an

 

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ABR Borrowing, and (ii) in
the event any Loans denominated in an Alternative Currency are so affected, the relevant interest rate shall be determined in accordance
with clause (ii) of the definition of “LIBO Rate”; provided, however,
that, in each case, the Borrower may revoke any Borrowing Request that is pending when such notice is received.

 

(d) Notwithstanding
the foregoing, if the Administrative Agent has made the determination
described in clause (a) of this Section 2.14 and/or is advised by the Required Lenders of their determination in accordance
with clause (b) of this Section 2.14 and the Borrower shall so request, the Administrative Agent, the Required Lenders and the
Borrower shall negotiate in good faith to amend the definition of “LIBO Rate” and other applicable provisions to preserve
the original intent thereof in light of such change; provided that,
until so amended, such Impacted Loans will be handled as otherwise provided pursuant
to the terms of this Section 2.14.

 

(a)            Subject
to clause (b) below, if the Administrative Agent determines that (i) for any reason adequate and reasonable means do not exist
for determining Term SOFR for any requested Interest
Period with respect to a proposed SOFR Loan or
(ii) [reserved], then, in each case of the foregoing, the Administrative Agent will promptly so notify the Borrower and each Lender
thereof. Thereafter, the obligation of the Lenders to make or maintain SOFR Loans hereunder shall be suspended until the Administrative
Agent revokes such notice in writing. Upon receipt of such notice, the Borrower may revoke any Notice of Borrowing or Notice of Continuation/Conversion
then submitted by any of them. If the Borrower does not revoke such notice, the Lenders shall make, convert or continue the Loans, as
proposed by the Borrower, in the amount specified in the applicable notice submitted by the Borrower, but such Loans shall be made, converted
or continued as ABR Loans instead of SOFR Loans and the utilization of Adjusted Term SOFR component in determining the Alternate Base
Rate shall be suspended. Subject to clause (b) below, if the Administrative Agent determines that Adjusted Term SOFR cannot be determined
pursuant to the definition thereof on any given day, the interest rate on ABR Loans shall be determined by the Administrative Agent without
reference to clause (c) of the definition of “Base Rate” until the Administrative Agent revokes such notice.

 

(b)            Benchmark
Replacement Setting.

 

(i)            Benchmark
Replacement. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, if a Benchmark Transition Event
and its related Benchmark Replacement Date have occurred prior any setting of the then-current Benchmark, then (x) if a Benchmark
Replacement is determined in accordance with clause (a) of the definition of “Benchmark Replacement” for such Benchmark
Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect
of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party
to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (b) of
the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such
Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York
City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without
any amendment to, or further action or consent of any other party to, this

 

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Agreement or any other Loan Document so long as the Administrative
Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders.
If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a quarterly basis.

 

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

 

(iii)            Notices;
Standards for Decisions and Determinations. The Administrative Agent will promptly notify the Borrower and the Lenders of (i) the
implementation of any Benchmark Replacement and (ii) the effectiveness of any Benchmark Replacement Conforming Changes. The Administrative
Agent will promptly notify the Borrower of the removal or reinstatement of any tenor of a Benchmark pursuant to Section 2.14(b)(iv) below.
Any determination, decision or election that may be made by the Administrative Agent, or, if applicable, the Administrative Borrower any
Lender (or group of Lenders) pursuant to this Section 2.14(b), including any determination with respect to a tenor, rate or adjustment
or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action or
selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from
any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant to this Section 2.14(b).

 

(iv)            Unavailability
of Tenor of Benchmark. Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including in connection
with the implementation of a Benchmark Replacement), (A) if the then-current Benchmark is a term rate (including the Term SOFR Reference
Rate), and either (1) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such
rate from time to time as selected by the Administrative Agent in its reasonable discretion or (2) the regulatory supervisor for
the administrator of such Benchmark has provided a public statement or publication of information announcing that any tenor for such Benchmark
is or will be no longer representative, then the Administrative Agent may modify the definition of “Interest Period” (or any
similar or analogous definition) for any Benchmark settings at or after such time to remove such unavailable or non-representative tenor
and (B) if a tenor that was removed pursuant to clause (i) above either (1) is subsequently displayed on a screen or information
service for a Benchmark (including a Benchmark Replacement) or (2) is not, or is no longer, subject to an announcement that it is
or will no longer be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the
definition of “Interest Period” (or any similar or analogous definition) for all Benchmark settings at or after such time
to reinstate such previously removed tenor.

 

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(c)            Benchmark
Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower
may revoke any pending request for a SOFR Borrowing of, conversion to or continuation of SOFR Loans to be made, converted or continued
during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such request into a request
for a Borrowing of or conversion to ABR Loans. During a Benchmark Unavailability Period or at any time that a tenor for the then-current
Benchmark is not an Available Tenor, the component of the Alternate Base Rate based upon the then-current Benchmark or such tenor for
such Benchmark, as applicable, will not be used in any determination of the Base Rate.

 

SECTION 2.15    Increased
Costs.

 

(a)            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 by, any Lender or any Issuing Bank (except any such reserve requirement reflected in the
Adjusted LIBOTerm SOFR
Rate); or

 

(ii)            impose
on any Lender or any Issuing Bank or the London interbank market any other condition,
cost or expense (other than Taxes) affecting this Agreement or EurodollarSOFR
Loans made by such Lender or any Letter of Credit or participation therein;

 

and the result of any of the foregoing shall be
to increase the cost to such Lender of making or maintaining any EurodollarSOFR
Loan (or of maintaining its obligation to make any such Loan) or to increase the cost to such Lender or Issuing Bank of participating
in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or issue any Letter of Credit) or
to reduce the amount of any sum received or receivable by such Lender or Issuing Bank hereunder (whether of principal, interest or otherwise),
then, from time to time upon request of such Lender or Issuing Bank, the Borrower will pay to such Lender or Issuing Bank, as the case
may be, such additional amount or amounts as will compensate such Lender or Issuing Bank, as the case may be, for such increased costs
actually incurred or reduction actually suffered.

 

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

 

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(c)            A
certificate of a Lender or an Issuing Bank setting forth the amount or amounts necessary to compensate such Lender or Issuing Bank or
its holding company in reasonable detail, as the case may be, as specified in paragraph (a) or (b) of this Section 2.15
delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or Issuing Bank, as the case may
be, the amount shown as due on any such certificate within 15 days after receipt thereof.

 

(d)            Failure
or delay on the part of any Lender or Issuing Bank to demand compensation pursuant to this Section 2.15 shall not constitute a waiver
of such Lender’s or Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required
to compensate a Lender or Issuing Bank pursuant to this Section 2.15 for any increased costs incurred or reductions suffered more
than 180 days prior to the date that such Lender or Issuing Bank, as the case may be, notifies the Borrower of the Change in Law giving
rise to such increased costs or reductions and of such Lender’s or Issuing Bank’s intention to claim compensation therefor;
provided further that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day
period referred to above shall be extended to include the period of retroactive effect thereof.

 

SECTION 2.16     Break
Funding Payments[Reserved].

 

In the event
of (a) the payment of any principal of any Eurodollar 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 Eurodollar Loan other than on the last day of the Interest Period
applicable thereto, (c) the failure to borrow, convert, continue or prepay any Revolving Loan or Term Loan on the date specified
in any notice delivered pursuant hereto or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period
applicable thereto as a result of a request by the Borrower pursuant to Section 2.19 or Section 9.02(c), then, in any such event,
the Borrower shall, after receipt of a written request by any Lender affected by any such event (which request shall set forth in reasonable
detail the basis for requesting such amount), compensate each Lender for the loss, cost and expense (excluding loss of profit) actually
incurred by it as a result of such event. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 2.16,
each Lender shall be deemed to have funded each Eurodollar Loan made by it at the Adjusted LIBO Rate (excluding, for the purposes of this
Section 2.16 only, the proviso to the definition of Adjusted LIBO Rate) for such Loan by
a matching deposit or other borrowing in the applicable interbank eurodollar market for a comparable amount and for a comparable period,
whether or not such Eurodollar Loan was in fact so funded. A certificate of any Lender setting forth in reasonable detail any amount or
amounts that such Lender is entitled to receive pursuant to this Section 2.16 and the reasons therefor delivered to the Borrower
shall be prima facie evidence of such amounts. The Borrower shall pay such Lender the amount shown as due on any such certificate within
15 days after receipt of such demand; provided that the Borrower shall not be required to compensate
a Lender pursuant to this Section 2.16 for any loss, cost or expense more than 180 days prior to the date that such Lender delivers
such certificate. Notwithstanding the foregoing, this Section 2.16 will not apply to losses, costs or expenses resulting from Taxes,
as to which Section 2.17 shall govern. Notwithstanding the foregoing, no Lender shall demand compensation pursuant to this Section 2.16
if it shall not at the time be the general policy or practice of such Lender to demand such compensation in substantially the same

 

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manner
as applied to other similarly situated borrowers under comparable syndicated credit facilities.

 

SECTION 2.17     Taxes.

 

(a)            Any
and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made free and clear of and without
deduction for any Taxes, except as required by applicable Requirements of Law. If the applicable withholding agent (including, for the
avoidance of doubt, the Administrative Agent or any Loan Party) shall be required by applicable Requirements of Law (as determined in
the good faith discretion of the applicable withholding agent) to deduct any Taxes from such payments, then the applicable withholding
agent shall make such deductions and shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with
applicable Requirements of Law, and if such Taxes are Indemnified Taxes or Other Taxes, then the amount payable by the applicable Loan
Party shall be increased as necessary so that after all such required deductions have been made (including such deductions applicable
to additional amounts payable under this Section 2.17), each Lender (or, in the case of a payment made to the Administrative Agent
for its own account, the Administrative Agent) receives an amount equal to the sum it would have received had no such deductions been
made.

 

(b)            Without
limiting the provisions of paragraph (a) above, the Borrower shall timely pay any Other Taxes to the relevant Governmental Authority
in accordance with applicable Requirements of Law, or, at the option of the Administrative Agent, timely reimburse it for the payment
of any Other Taxes.

 

(c)            The
Borrower shall indemnify the Administrative Agent and each Lender within 30 days after written demand therefor, for the full amount of
any Indemnified Taxes or Other Taxes paid by the Administrative Agent or such Lender as the case may be, on or with respect to any payment
by or on account of any obligation of any Loan Party under any Loan Document and any Other Taxes paid by the Administrative Agent or such
Lender, as the case may be (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under
this Section 2.17) and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or
Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate setting forth in reasonable
detail the basis and calculation of the amount of such payment or liability delivered to the Borrower by a Lender, or by the Administrative
Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.

 

(d)            To
the extent required by any applicable Requirements of Law (as determined in good faith by the Administrative Agent), the Administrative
Agent may deduct or withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. If the Internal Revenue
Service or any other Governmental Authority of the United States or other jurisdiction asserts a claim that the Administrative Agent did
not properly withhold Tax from amounts paid to or for the account of any Lender for any reason (including because the appropriate form
was not delivered or not property executed, or because such Lender failed to notify the Administrative Agent of a change in circumstance
that rendered the exemption from, or reduction of withholding Tax ineffective), or if the Administrative Agent is otherwise subject to
any Taxes

 

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attributable to such Lender or imposed due to a Lender’s failure to maintain a Participant Register, such Lender shall
indemnify and hold harmless the Administrative Agent (to the extent that the Administrative Agent has not already been reimbursed by the
Loan Parties pursuant to Section 2.17 and without limiting any obligation of the Loan Parties to do so pursuant to such Section)
fully for all amounts paid, directly or indirectly, by the Administrative Agent as Taxes or otherwise, together with all expenses incurred,
including legal expenses, and any other out-of-pocket expenses, 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 this Agreement or any other Loan Document against any amount due to the Administrative
Agent under this Section 2.17(d). The agreements in this Section 2.17(d) shall survive the resignation and/or replacement
of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender, any assignment of rights by a Loan Party, the
termination of this Agreement and the repayment, satisfaction or discharge of all other obligations under any Loan Document.

 

(e)            As
soon as practicable after any payment of any Taxes by a Loan Party to a Governmental Authority, the Borrower shall deliver to the Administrative
Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return
reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent.

 

(f)            Each
Lender shall, at such times as are reasonably requested by Borrower or the Administrative Agent, (i) complete any documentation required
for the Borrower to obtain clearance to make payments under the Loan Documents without, or with a reduction in, any withholding Tax and
(ii) provide the Borrower and the Administrative Agent with any properly completed and executed documentation prescribed by any Requirement
of Law, or reasonably requested by the Borrower or the Administrative Agent, certifying as to any entitlement of such Lender to an exemption
from, or reduction in, any withholding Tax with respect to any payments to be made to such Lender under the Loan Documents. Each such
Lender shall, whenever a lapse in time or change in circumstances renders any such documentation expired, obsolete or inaccurate in any
respect (including any specific documentation required below in this Section 2.17(f)), deliver promptly to Borrower and the Administrative
Agent updated or other appropriate documentation (including any new documentation reasonably requested by the applicable withholding agent)
or promptly notify the Borrower and the Administrative Agent in writing of its legal ineligibility to do so. Unless the applicable withholding
agent has received forms or other documents satisfactory to it indicating that payments under any Loan Document to or for a Lender are
not subject to withholding tax or are subject to Tax at a rate reduced by an applicable tax treaty, the Borrower, Administrative Agent
or other applicable withholding agent shall withhold amounts required to be withheld by applicable law from such payments at the applicable
statutory rate.

 

Without limiting the generality
of the foregoing:

 

(i)            Each
Lender that is a United States person (as defined in Section 7701(a)(30) of the Code) shall deliver to the Borrower and the Administrative
Agent on or before the date on which it becomes a party to this Agreement two properly completed and

 

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duly signed copies of Internal Revenue
Service Form W-9 (or any successor form) certifying that such Lender is exempt from U.S. federal backup withholding.

 

(ii)            Each
Lender that is not a United States person (as defined in Section 7701(a)(30) of the Code) shall deliver to the Borrower and the Administrative
Agent on or before the date on which it becomes a party to this Agreement (and from time to time thereafter upon the reasonable request
of the Borrower or the Administrative Agent) whichever of the following is applicable:

 

(A)            two
properly completed and duly signed copies of Internal Revenue Service Form W-8BEN or W-8BEN-E (or any successor forms) claiming eligibility
for benefits of an income tax treaty to which the United States of America is a party,

 

(B)            two
properly completed and duly signed copies of Internal Revenue Service Form W-8ECI (or any successor forms),

 

(C)            in
the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 871(h) or Section 881(c) of
the Code, (x) two properly completed and duly signed certificates, substantially in the form of Exhibit N (any such certificate
a “United States Tax Compliance Certificate”), and (y) two properly completed and duly signed copies of Internal
Revenue Service Form W-8BEN or W-8BEN-E (or any successor forms),

 

(D)            to
the extent a Foreign Lender is not the beneficial owner, two properly completed and duly signed copies of Internal Revenue Service Form W-8IMY
(or any successor forms) of the Foreign Lender, accompanied by a Form W-8ECI, W-8BEN or W-8BEN-E, United States Tax Compliance Certificate,
Form W-9, Form W-8IMY (or other successor forms) or any other required information from each beneficial owner that would be
required under this Section 2.17 if such beneficial owner were a Lender, as applicable (provided that, if the Lender is a
partnership (and not a participating Lender) and one or more direct or indirect partners are claiming the portfolio interest exemption,
the United States Tax Compliance Certificate may be provided by such Lender on behalf of such direct or indirect partner(s)), or

 

(E)            two
properly completed and duly signed copies of any other form prescribed by applicable Requirements of Law as a basis for claiming exemption
from or a reduction in U.S. federal withholding tax duly completed together with such supplementary documentation as may be prescribed
by applicable Requirements of Law to permit the Borrower and the Administrative Agent to determine the withholding or deduction required
to be made.

 

(iii)            If
a payment made to any Lender under any Loan Document would be subject to 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

 

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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 whether such Lender has or has not complied with such Lender’s obligations under FATCA and, if necessary,
to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (iii), “FATCA” shall
include any amendments made to FATCA after the date of this Agreement. Notwithstanding any other provision of this clause (f), a Lender
shall not be required to deliver any form that such Lender is not legally eligible to deliver.

 

(g)            If
the Borrower determines in good faith that a reasonable basis exists for contesting any Taxes for which indemnification has been demanded
hereunder, the Administrative Agent or the relevant Lender, as applicable, shall use commercially reasonable efforts to cooperate with
the Borrower in a reasonable challenge of such Taxes if so requested by the Borrower, provided that (a) the Administrative
Agent or such Lender determines in its reasonable discretion that it would not be subject to any unreimbursed third party cost or expense
or otherwise be prejudiced by cooperating in such challenge, (b) the Borrower pays all related expenses of the Administrative Agent
or such Lender, as applicable and (c) the Borrower indemnifies the Administrative Agent or such Lender, as applicable, for any liabilities
or other costs incurred by such party in connection with such challenge. If the Administrative Agent or a Lender receives a refund of
any Indemnified 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 2.17, it shall pay over such refund to the Borrower (but only to the extent of indemnity
payments made, or additional amounts paid, by the Borrower under this Section 2.17 with respect to the Indemnified Taxes or Other
Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of 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, agree promptly 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. The Administrative
Agent or such Lender, as the case may be, shall, at the Borrower’s request, provide the Borrower with a copy of any notice of assessment
or other evidence of the requirement to repay such refund received from the relevant taxing authority (provided that the Administrative
Agent or such Lender may delete any information therein that the Administrative Agent or such Lender deems confidential). Notwithstanding
anything to the contrary, this Section 2.17(g) shall not be construed to require the Administrative Agent or any Lender
to make available its Tax returns (or any other information relating to Taxes which it deems confidential) to any Loan Party or any other
person). Notwithstanding anything herein to the contrary, the Borrower shall not be required to compensate such Lender for any amount
payable under this Section 2.17 if the Lender notifies the Borrower of the requirement to pay such amount more than one hundred
and eighty (180) days after the date of the event that gives rise to such claim; provided that, if the circumstance giving rise
to such claim is retroactive, then such one

 

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hundred and eighty (180) day period referred to above shall be extended to include the period
of retroactive effect thereof.

 

(h)            If
the Administrative Agent (or any sub-agent thereof, if applicable) is not a “United States person” (as such term is defined
in Section 7701(a)(30) of the Code), the Administrative Agent (and any sub-agent thereof, if applicable) shall deliver to the Borrower
on or before the date on which it becomes the Administrative Agent (or sub-agent) under this Agreement (and from time to time thereafter
upon the reasonable request of the Borrower) (x) two properly completed and duly signed copies of Internal Revenue Service Form W-8ECI
(or any successor forms) with respect to any amounts payable to the Administrative Agent (or sub-agent) for its own account and (y) two
properly completed and duly signed copies of Internal Revenue Service Form W-8IMY (or any successor forms) with respect to any amounts
payable to the Administrative Agent (or sub-agent) for the account of others, certifying that it is a “U.S. branch,” that
the payments its receives for the account of others are not effectively connected with the conduct of its trade or business within the
United States and that it is using such form as evidence of its agreement with the Borrower to be treated as a U.S. person with respect
to such payments (and the Borrower and the Administrative Agent (and any sub-agent) agree to so treat the Administrative Agent (and any
sub-agent thereof, if applicable) as a U.S. person with respect to such payments as contemplated by, and in accordance with, Sections
1.1441-1(b)(2)(iv) and 1.1441-1T(b)(2)(iv) (as applicable) of the United States Treasury regulations). If the Administrative
Agent (and any sub-agent thereof, if applicable) is a United States Person (as defined above), it shall deliver to the Borrower on or
before the date on which it becomes the Administrative Agent (or sub-agent) under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower) an accurate and complete Form W-9 setting forth an exemption from backup withholding.

 

(i)            The
agreements in this Section 2.17 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights
by, or the replacement of, a Lender, the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.

 

(j)            For
purposes of this Section 2.17, the term “Lender” shall include any Issuing Bank and the term “applicable Requirements
of Law” includes FATCA.

 

SECTION 2.18 Payments
Generally; Pro Rata Treatment; Sharing of Setoffs.

 

(a)            The
Borrower shall make each payment required to be made by it under any Loan Document (whether of principal, interest, fees or reimbursement
of LC Disbursements, or of amounts payable under Section 2.15, 2.16 or 2.17, or otherwise) at or prior to the time expressly required
hereunder or under such other Loan Document for such payment (or, if no such time is expressly required, prior to 2:00 p.m., New York
City time, on the date when due), in immediately available funds, without condition or deduction for any counterclaim, recoupment or setoff.
Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on
the next succeeding Business Day for purposes of calculating interest thereon. Except as otherwise expressly provided herein and except
with respect to principal of or interest on Loans

 

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denominated in an Alternative Currency, all such payments shall be made in Dollars to
such account as may be specified by the Administrative Agent. Except as otherwise expressly provided herein and except with respect to
principal of or interest on Loans denominated in Dollars, all payments by the Borrower hereunder with respect to principal of and interest
on Loans denominated in any Alternative Currency shall be made in such Alternative Currency to such account as may be specified by the
Administrative Agent. If, for any reason, the Borrower is prohibited by any Requirements of Law from making any required payment hereunder
in an Alternative Currency, the Borrower shall make such payment in Dollars in the Dollar Amount of the Alternative Currency payment amount
(it being agreed that, for purposes of this sentence, the Dollar Amount shall be determined by the Administrative Agent pursuant to clause
(b) of the definition of “Dollar Amount”). Payments to be made directly to any Issuing Bank shall be made as expressly
provided herein and except that payments pursuant to Sections 2.15, 2.16, 2.17 and 9.03 shall be made directly to the Persons entitled
thereto and payments pursuant to other Loan Documents shall be made to the Persons specified therein. The Administrative Agent shall distribute
any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof.
Except as otherwise provided herein, if any payment under any Loan Document shall be due on a day that is not a Business Day, the date
for payment shall be extended to the next succeeding Business Day. If any payment on a EurodollarSOFR
Loan becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business
Day unless the result of such extension would be to extend such payment into another calendar month, in which event such payment shall
be made on the immediately preceding Business Day. In the case of any payment of principal pursuant to the preceding two sentences, interest
thereon shall be payable at the then applicable rate for the period of such extension.

 

(b)            If
at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed
LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards 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, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably
among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties.

 

(c)            If
any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest
on any of its Revolving Loans, Term Loans or participations in LC Disbursements resulting in such Lender receiving payment of a greater
proportion of the aggregate amount of its Revolving Loans, Term Loans and participations in LC Disbursements and accrued interest thereon
than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value)
participations in the Revolving Loans, Term Loans and participations in LC Disbursements of other Lenders to the extent necessary so that
the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued
interest on their respective Revolving Loans, Term Loans and participations in LC Disbursements; provided that (i) if any
such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall be
rescinded and the purchase price restored to the extent of such recovery, without interest and (ii) the provisions of this paragraph
shall not be construed to apply to (A) any payment made by the Borrower pursuant to and in accordance with the express terms of this
Agreement (including the application of funds arising from the existence of a Defaulting Lender), (B) any payment obtained by a Lender
as

 

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consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to any assignee
or participant or (C) any disproportionate payment obtained by a Lender of any Class as a result of the extension by Lenders
of the maturity date or expiration date of some but not all Loans or Revolving Commitments of that Class or any increase in the Applicable
Rate in respect of Loans of Lenders that have consented to any such extension. 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’s 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.

 

(d)            Unless
the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative
Agent for the account of the Lenders or the Issuing Banks 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 and in
its sole discretion, distribute to the Lenders or Issuing Banks, as the case may be, the amount due. In such event, if the Borrower has
not in fact made such payment, then each of the Lenders or Issuing Banks, as the case may be, severally agrees to repay to the Administrative
Agent forthwith on demand the amount so distributed to such Lender or Issuing Bank with interest thereon, for each day from and including
the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal
Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation.

 

(e)            If
any Lender shall fail to make any payment required to be made by it pursuant to Section 2.05(e), Section 2.05(f), Section 2.06(a),
Section 2.06(b), Section 2.18(d) or Section 9.03(c), then the Administrative Agent may, in its discretion and in the
order determined by the Administrative Agent (notwithstanding any contrary provision hereof), (i) apply any amounts thereafter received
by the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Section until all
such unsatisfied obligations are fully paid and/or (ii) hold any such amounts in a segregated account as cash collateral for, and
to be applied to, any future funding obligations of such Lender under any such Section.

 

SECTION 2.19 Mitigation
Obligations; Replacement of Lenders.

 

(a)            If
any Lender requests compensation under Section 2.15, 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 2.17 or any event gives rise to the operation of Section 2.23,
then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or its
participation in any Letter of Credit affected by such event, or to assign and delegate its rights and obligations hereunder to another
of its offices, branches or Affiliates, if, in the judgment of such Lender, such designation or assignment and delegation (i) would
eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17 or mitigate the applicability of Section 2.23, as the case
may be, and (ii) would not subject such Lender to any unreimbursed cost or expense reasonably deemed by such Lender to be material
and would not be inconsistent with the internal policies of, or otherwise be disadvantageous in any material economic, legal or regulatory
respect to, such Lender.

 

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(b)            If
(i) any Lender requests compensation under Section 2.15 or gives notice under Section 2.23, (ii) the Borrower is required
to pay any additional amount to any Lender or to any Governmental Authority for the account of any Lender pursuant to Section 2.17,
(iii) any Lender is or becomes a Disqualified Lender or (iv) any Lender is a Defaulting 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 Section 9.04), all its interests, rights and obligations
under this Agreement and the other Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee may be another
Lender, if a Lender accepts such assignment and delegation); provided that (A) the Borrower shall have received the prior
written consent of the Administrative Agent to the extent such consent would be required under Section 9.04(b) for an assignment
of Loans or Commitments, as applicable (and if a Revolving Commitment is being assigned and delegated, each Issuing Bank), which consents,
in each case, shall not unreasonably be withheld or delayed, (B) such Lender shall have received payment of an amount equal to the
outstanding principal of its Loans and unreimbursed participations in LC Disbursements, accrued but unpaid interest thereon, accrued but
unpaid fees and all other amounts payable to it hereunder from the assignee (to the extent of such outstanding principal and accrued interest
and fees) or the Borrower (in the case of all other amounts), (C) the Borrower or such assignee shall have paid (unless waived) to
the Administrative Agent the processing and recordation fee specified in Section 9.04(b)(ii) and (D) in the case of any
such assignment resulting from a claim for compensation under Section 2.15, or payments required to be made pursuant to Section 2.17
or a notice given under Section 2.23, such assignment will result in a material reduction in such compensation or payments. A Lender
shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise
(including as a result of any action taken by such Lender under paragraph (a) above), the circumstances entitling the Borrower to
require such assignment and delegation cease to apply. Each party hereto agrees that an assignment required pursuant to this paragraph
may be effected pursuant to an Assignment and Assumption executed by the Borrower, the Administrative Agent and the assignee and that
the Lender required to make such assignment need not be a party thereto.

 

SECTION 2.20 Incremental
Credit Extensions.

 

(a)            The
Borrower may at any time or from time to time on one or more occasions after the Effective Date, by written notice delivered to the Administrative
Agent request (i) one or more additional Classes of term loans (each an “Incremental Term Facility”), (ii) one
or more additional term loans of the same Class of any existing Class of term loans (each an “Incremental Term Increase”),
(iii) one or more increases in the amount of the Revolving Commitments of any Class (each such increase, an “Incremental
Revolving Commitment Increase”) and/or (iv) one or more additional Classes of Revolving Commitments (the “Additional/Replacement
Revolving Commitments,” and, together with any Incremental Term Facility, Incremental Term Increase and the Incremental
Revolving Commitment Increases, the “Incremental Facilities” and any Loans thereunder, the “Incremental Loans”);
provided that, after giving effect to the effectiveness of any Incremental Facility Amendment, subject to certain “certain
funds provisions” to be agreed to by the Borrower and the Incremental Facilities Lenders, no Event of Default shall have occurred
and be continuing or would result therefrom (provided, that in the case of an Incremental Facility incurred to finance a Limited
Condition Transaction, if the Administrative Borrower has made an LCT Election, such condition shall be that no Specified

 

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Event of Default
shall have occurred and be continuing at the LCT Test Date). Notwithstanding anything to contrary herein, the aggregate principal amount
of the Incremental Facilities that can be incurred at any time shall not exceed the Incremental Cap at such time. Each Incremental Facility
shall be in a minimum principal amount of $10,000,000 and integral multiples of $1,000,000 in excess thereof if such Incremental Facilities
are denominated in Dollars (unless the Borrower and the Administrative Agent otherwise agree); provided that such amount may be
less than $10,000,000 to the extent such amount represents all the remaining availability under the aggregate principal amount of Incremental
Facilities set forth above.

 

(b)            (i) 
The Incremental Term Loans (a)(1) shall rank equal or junior in right of payment and equal or junior in right of security with the
Term Loans or may be unsecured, and if junior in right of payment and/or security or unsecured, shall be established as a separate facility
than the facility for the Term Loans that are secured by the Collateral on a first priority basis, (2) shall be structured such that
neither Holdings nor any Restricted Subsidiary is a guarantor with respect to such Indebtedness unless Holdings or such Restricted Subsidiary
is a Loan Party which shall have previously or substantially concurrently guaranteed the Obligations, and (3) if secured, the obligations
in respect thereof shall not be secured by Liens on the assets of Holdings and the Restricted Subsidiaries, other than assets constituting
Collateral, and if established as a separate facility, shall be subject to a customary intercreditor agreement with the Administrative
Agent and/or Collateral Agent substantially consistent with the applicable Intercreditor Agreement together with (A) any immaterial
changes and (B) material changes thereto in light of prevailing market conditions, which material changes shall be posted to the
Lenders not less than five (5) Business Days before execution thereof and, if the Required Lenders shall not have objected to such
changes within five (5) Business Days after posting, then the Required Lenders shall be deemed to have agreed that the Administrative
Agent’s and/or Collateral Agent’s entry into such intercreditor agreement (with such changes) is reasonable and to have consented
to such intercreditor agreement (with such changes) and to the Administrative Agent’s and/or Collateral Agent’s execution
thereof, in each case in form and substance reasonably satisfactory to the Administrative Agent and/or Collateral Agent (it being understood
that junior Liens are not required to be pari passu with other junior Liens, and that Indebtedness secured by junior liens may secured
by Liens that are pari passu with or junior in priority to, other Liens that are junior to the Liens securing the Obligations), (b) shall
not (except in the case of customary bridge loans which, subject to customary conditions (including no payment or bankruptcy event of
default), would either automatically be converted into or required to be exchanged for permanent financing that does not mature prior
to the Term Maturity Date of the Initial Term Loans) mature earlier than the Term Maturity Date of the Initial Term Loans, (c) shall
not (except in the case of customary bridge loans which, subject to customary conditions (including no payment or bankruptcy event of
default), would either automatically be converted into or required to be exchanged for permanent financing that does not have a shorter
Weighted Average Life to Maturity than the remaining Initial Term Loans) have a shorter Weighted Average Life to Maturity than the remaining
Initial Term Loans, (d) shall have a maturity date (subject to clause (b)), an amortization schedule (subject to clause (c)), interest
rates (including through fixed interest rates), “most favored nation” provisions (if any), interest margins, rate floors,
upfront fees, funding discounts, original issue discounts, financial covenants (if any) and prepayment terms and premiums as determined
by the Borrower and the Additional Term Lenders thereunder; provided that, only in the case of any Incremental Term Loans which
are secured on a pari passu basis with the Initial Term Loans and ranking pari passu with the Initial Term Loans in right of payment,
in the event that the Effective

 

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Yield for any such Incremental Term Loans is greater than the Effective Yield for the Initial Term Loans
by more than 0.50% per annum, then the Effective Yield for the Initial Term Loans shall be increased to the extent necessary so that the
Effective Yield for the Initial Term Loans is equal to the Effective Yield for such Incremental Term Loans minus 0.50% per annum; provided,
further, that if the Incremental Term Loans include an interest rate floor greater than the applicable interest rate floor under
the Initial Term Loans, such differential between interest rate floors shall be equated to the applicable interest rate margin for purposes
of determining whether an increase to the interest rate margin under the Initial Term Loans shall be required, but only to the extent
an increase in the interest rate floor in the Initial Term Loans would cause an increase in the interest rate then in effect thereunder,
and in such case, the interest rate floor (but not the interest rate margin) applicable to the Initial Term Loans shall be increased to
the extent of such differential between interest rate floors, (e) any Incremental Term Facility may provide for the ability to participate
(x) on a pro rata basis or less than pro rata basis (but not greater than pro rata basis) in any voluntary prepayments of the Initial
Term Loans and (y) on a pro rata basis or less than pro rata basis (but not on a greater than pro rata basis other than in the case
of prepayment with Other Term Loans incurred pursuant to a Refinancing Amendment to refinance such Incremental Term Loans or any other
Credit Agreement Refinancing Indebtedness in respect of such Incremental Term Loans) in any mandatory prepayments of the Initial Term
Loans and (f) may otherwise have terms and conditions different from those of the Term Loans (including currency denomination); provided
that (x) the terms and documentation with respect to such Incremental Term Loans shall not include any financial maintenance covenant
unless (1) Lenders under the Initial Term Loans also receive the benefit of such covenant (it being understood that, to the extent
that any covenant is added or modified for the benefit of any Incremental Term Facility, no consent shall be required from the Administrative
Agent or any of the Term Lenders to the extent that such covenant is also added or modified for the benefit of the existing Term Loans),
(2) any such covenant shall apply after the Term Maturity Date with respect to the Initial Term Loans or (3) such covenant is
reasonably satisfactory to the Administrative Agent and the Borrower and (y) in no event shall it be a condition to the effectiveness
of, or borrowing under, any such Incremental Term Loans that any representation or warranty of any Loan Party set forth herein be true
and correct, except and solely to the extent required by the Additional Term Lenders providing such Incremental Term Loans. Any Incremental
Term Increase shall be on the same terms and pursuant to the same documentation applicable to the Term Loans (except with respect to matters
contemplated by clauses (a), (b), (c), (d) and (e) above). Any Incremental Term Facility shall be on terms and pursuant to documentation
as determined by the Borrower and the Additional Term Lenders providing such Incremental Term Facility, subject to the restrictions and
exceptions set forth above.

 

(ii)      The
Incremental Revolving Commitment Increase shall be treated the same as the Class of Revolving Commitments being increased (including
with respect to maturity date thereof) and shall be considered to be part of the Class of Revolving Loans being increased (it being
understood that, if required to consummate an Incremental Revolving Commitment Increase, the pricing, interest rate margins, “most
favored nation” provisions (if any), rate floors and undrawn commitment fees on the Class of Revolving Commitments being increased
may be increased and additional upfront or similar fees may be payable to the lenders providing the Incremental Revolving Commitment Increase
(without any requirement to pay such fees to any existing Revolving Lenders)). Any Incremental Revolving Commitment Increase shall be
on the same terms and pursuant to

 

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the same documentation applicable to the Revolving Loans (excluding upfront fees and customary arranger
fees).

 

(iii)     The
Additional/Replacement Revolving Commitments (a)(1) shall rank equal or junior in right of payment and equal or junior in right of
security with the Revolving Loans or may be unsecured, and if junior in right of payment and/or security or unsecured, shall be established
as a separate facility than the facility for the Revolving Loans that are secured by the Collateral on a first priority basis, (2) shall
be structured such that neither Holdings nor any Restricted Subsidiary is a borrower or a guarantor with respect to such Indebtedness
unless Holdings or such Restricted Subsidiary is a Loan Party which shall have previously or substantially concurrently guaranteed or
borrowed, as applicable, the Obligations, and (3) if secured, the obligations in respect thereof shall not be secured by Liens on
the assets of Holdings and the Restricted Subsidiaries, other than assets constituting Collateral, and if established as a separate facility,
shall be subject to a customary intercreditor agreement with the Administrative Agent and/or Collateral Agent substantially consistent
with the applicable Intercreditor Agreement together with (A) any immaterial changes and (B) material changes thereto in light
of prevailing market conditions, which material changes shall be posted to the Lenders not less than five Business Days before execution
thereof and, if the Required Lenders shall not have objected to such changes within five Business Days after posting, then the Required
Lenders shall be deemed to have agreed that the Administrative Agent’s and/or Collateral Agent’s entry into such intercreditor
agreement (with such changes) is reasonable and to have consented to such intercreditor agreement (with such changes) and to the Administrative
Agent’s and/or Collateral Agent’s execution thereof, in each case in form and substance reasonably satisfactory to the Administrative
Agent and/or Collateral Agent (it being understood that junior Liens are not required to be pari passu with other junior Liens, and that
Indebtedness secured by junior liens may secured by Liens that are pari passu with or junior in priority to, other Liens that are junior
to the Liens securing the Obligations), (b) shall not mature earlier than the Revolving Maturity Date with respect to the initial
Revolving Loans and shall require no mandatory prepayments (other than in connection with loans exceeding applicable commitments) or commitment
reduction prior to the Revolving Maturity Date applicable to the initial Revolving Loans, (c) shall have interest rates (including
through fixed interest rates), interest margins, rate floors, upfront fees, arrangement fees, structuring fees, ticking fees, amendment
fees, consent fees, and any other fees, undrawn commitment fees, funding discounts, original issue discounts, prepayment terms and premiums,
and commitment reduction and termination terms as determined by the Borrower and the lenders of such commitments, (d) shall contain
borrowing, repayment and termination of Commitment procedures as determined by the Borrower and the lenders of such commitments, (e) may
include provisions relating to letters of credit, as applicable, issued thereunder, which issuances shall be on terms substantially similar
(except for the overall size of such subfacilities, the fees payable in connection therewith and the identity of the letter of credit
issuer, as applicable, which shall be determined by the Borrower, the lenders of such commitments and the applicable letter of credit
issuers and borrowing, repayment and termination of commitment procedures with respect thereto, in each case which shall be specified
in the applicable Incremental Facility Amendment) to the terms relating to the Letters of Credit with respect to the applicable Class of
Revolving Commitments or otherwise reasonably acceptable to

 

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the Administrative Agent and (f) may otherwise have terms and conditions
different from those of the Revolving Commitments and the Revolving Loans made under this Agreement (including currency denomination);
provided that (x) the terms and documentation with respect to such Additional/Replacement Revolving Commitments shall not
include any financial maintenance covenant unless (1) Lenders under Revolving Commitments also receive the benefit of such covenant
(it being understood that, to the extent that such covenant is added or modified for the benefit of any Additional/Replacement Revolving
Commitment, no consent shall be required from the Administrative Agent or any of the Revolving Lenders to the extent that such covenant
is also added or modified for the benefit of the existing Revolving Commitments), (2) any such covenant shall apply after the Revolving
Maturity Date or (3) such covenant is reasonably satisfactory to the Administrative Agent and the Borrower and (y) in no event
shall it be a condition to the effectiveness of, or initial borrowing under, any such Additional/Replacement Revolving Commitments that
any representation or warranty of any Loan Party set forth herein be true and correct, except and solely to the extent required by the
Additional/Replacement Revolving Lenders providing such Additional/Replacement Revolving Commitments. Any Additional/Replacement Revolving
Commitments shall be on terms and pursuant to documentation as determined by the Borrower and the Additional/Replacement Revolving Lenders
providing such Additional/Replacement Revolving Commitments, subject to the restrictions set forth above. Any Additional/Replacement Revolving
Commitments may constitute a separate Class or Classes, as the case may be, of Commitments from the Classes constituting the Revolving
Loan Commitments prior to the Incremental Facility closing date.

 

(c)            Each
notice from the Administrative Borrower pursuant to this Section shall set forth the requested amount of the relevant Incremental
Term Loans, Incremental Revolving Commitment Increases or Additional/Replacement Revolving Commitments.

 

(d)            Commitments
in respect of any Incremental Term Increase and Incremental Revolving Commitment Increases shall become Commitments (or in the case of
an Incremental Revolving Commitment Increase to be provided by an existing Lender with a Revolving Commitment, an increase in such Lender’s
applicable Revolving Commitment) under this Agreement pursuant to an amendment (an “Incremental Facility Amendment”)
to this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Lender agreeing to provide such Commitment,
if any, each Additional Lender, if any, and the Administrative Agent (provided, that if such amendment does not affect the rights,
duties, privileges or obligations of the Administrative Agent, the Administrative Agent shall only be required to acknowledge such amendment).
An Incremental Facility may be provided, subject to the prior written consent of the Borrower (not to be unreasonably withheld), by any
existing Lender (it being understood that no existing Lender shall have the right to participate in any Incremental Facility or, unless
it agrees, be obligated to provide any Incremental Loans) or by any Additional Lender. Any loan under an Incremental Term Increase and
any loan under an Incremental Revolving Commitment Increase shall be a “Loan” for all purposes of this Agreement and the other
Loan Documents. The Incremental Facility Amendment may, subject to Section 2.20(b), without the consent of any other Lenders, effect
such amendments to this Agreement and the other Loan Documents as may be necessary, in the reasonable opinion of the Administrative Agent
and the Borrower, to effect the provisions of this Section 2.20 (including, in connection with an Incremental Revolving

 

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Commitment
Increase, to reallocate Revolving Exposure on a pro rata basis among the relevant Revolving Lenders and including voting rights as contemplated
by Section 9.02). The effectiveness of any Incremental Facility Amendment and the occurrence of any credit event (including the making
(but not the conversion or continuation) of a Loan and the issuance, increase in the amount, or extension of a Letter of Credit thereunder)
pursuant to such Incremental Facility Amendment shall be subject to the satisfaction of such conditions as the parties thereto shall agree
and as required by this Section 2.20. The Borrower will use the proceeds of the Incremental Term Loans, Incremental Revolving
Commitment Increases and Additional/Replacement Revolving Commitments for any purpose not prohibited by this Agreement.

 

(e)            Notwithstanding
anything to the contrary, this Section 2.20 shall supersede any provisions in Section 2.18 or Section 9.02 to the contrary.

 

SECTION 2.21 Refinancing
Amendments.

 

(a)            At
any time after the Effective Date, the Borrower may obtain, from any Lender or any Additional Lender, Credit Agreement Refinancing Indebtedness
in respect of (i) all or any portion of the Term Loans then outstanding under this Agreement (which for purposes of this clause (i) will
be deemed to include any then outstanding Other Term Loans) or (ii) all or any portion of the Revolving Loans (or unused Revolving
Commitments) under this Agreement (which for purposes of this clause (ii) will be deemed to include any then outstanding Other
Revolving Loans and Other Revolving Commitments), in the form of (x) Other Term Loans or Other Term Commitments or (y) Other
Revolving Loans or Other Revolving Commitments, as the case may be, in each case pursuant to a Refinancing Amendment; provided
that such Credit Agreement Refinancing Indebtedness (i) will be unsecured or will rank pari passu or junior in right of payment
and of security with the other Loans and Commitments hereunder, (ii) will have such pricing and optional prepayment terms as may
be agreed by the Borrower and the Lenders thereof, and (iii) the Net Proceeds of such Credit Agreement Refinancing Indebtedness shall
be applied, substantially concurrently with the incurrence thereof, to the prepayment of any outstanding Term Loans or reduction of Revolving
Commitments being so refinanced, as the case may be. The effectiveness of any Refinancing Amendment shall be subject to the satisfaction
on the date thereof of the conditions as agreed between the lenders providing such Credit Agreement Refinancing Indebtedness and the Borrower.
Each Class of Credit Agreement Refinancing Indebtedness incurred under this Section 2.21 shall be in an aggregate principal
amount that is (x) not less than $10,000,000 in the case of Other Term Loans or $10,000,000 in the case of Other Revolving Loans
and (y) an integral multiple of $1,000,000 in excess thereof (in each case unless the Borrower and the Administrative Agent otherwise
agree). Any Refinancing Amendment may provide for the issuance of Letters of Credit for the account of the Borrower pursuant to any Other
Revolving Commitments established thereby, in each case on terms substantially equivalent to the terms applicable to Letters of Credit
under the Revolving Commitments; provided that no Issuing Bank shall be required to act as “issuing bank” under any
such Refinancing Amendment without its written consent. The Administrative Agent shall promptly notify each Lender as to the effectiveness
of each Refinancing Amendment. 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 Credit Agreement
Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto
as Other Term Loans, Other

 

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Revolving Loans, Other Revolving Commitments and/or Other Term Commitments). Any Refinancing Amendment may,
without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or
appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section. In addition,
if so provided in the relevant Refinancing Amendment and with the consent of each Issuing Bank, participations in Letters of Credit expiring
on or after the Revolving Maturity Date shall be reallocated from Lenders holding Revolving Commitments to Lenders holding extended revolving
commitments in accordance with the terms of such Refinancing Amendment; provided, however, that such participation interests
shall, upon receipt thereof by the relevant Lenders holding Revolving Commitments, be deemed to be participation interests in respect
of such Revolving Commitments and the terms of such participation interests (including, without limitation, the commission applicable
thereto) shall be adjusted accordingly.

 

(b)            If,
in connection with any proposed Refinancing Amendment with respect to any Class of Loans, any Lender of such Class declines
to provide any portion of the Credit Agreement Refinancing Indebtedness on the terms provided by the other Lenders providing such Credit
Agreement Refinancing Indebtedness (each such Lender, a “Non-Refinancing Lender”) then the Borrower may, on notice
to the Administrative Agent and the Non-Refinancing Lender, (i) cause such Lender to (and such Lender shall be obligated to (and
to the extent such Non-Refinancing Lender does not execute such Refinancing Amendment, such Refinancing Amendment shall nonetheless be
effective without such signature of the Non-Refinancing Lender)) assign and delegate, without recourse (in accordance with and subject
to the restrictions contained in Section 9.04) all or any part of its interests, rights and obligations under this Agreement in respect
of the Loans and Commitments of the applicable Class to one or more Eligible Assignees (which Eligible Assignee may be another Lender,
if a Lender accepts such assignment) in connection with such Refinancing Amendment; provided that neither the Administrative Agent
nor any Lender shall have any obligation to the Borrower to find a replacement Lender; provided, further, that (a) such Non-Refinancing
Lender shall have received payment of an amount equal to the outstanding principal of the Loans of the applicable Class assigned
by it pursuant to this Section 2.21(b), accrued interest thereon, accrued fees and all other amounts (including any amounts under
Section 2.11) payable to it hereunder from the Eligible Assignee (to the extent of such outstanding principal and accrued interest
and fees) and (b) no processing and recordation fee specified in Section 9.04(b) shall be payable in connection therewith.

 

(c)            This
Section 2.21 shall supersede any provisions in Section 2.18 or Section 9.02 to the contrary.

 

SECTION 2.22 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. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this
Agreement shall be restricted as set forth in Section 9.02.

 

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(ii)            Reallocation
of Payments. Subject to the last sentence of Section 2.11(f), 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 VII
or otherwise, and including any amounts made available to the Administrative Agent by that Defaulting Lender pursuant to Section 9.08),
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, in the case of a Revolving Lender, to the
payment on a pro rata basis of any amounts owing by that Defaulting Lender to each Issuing Bank and the Swing Line Lender hereunder; third,
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; fourth,
in the case of a Revolving Lender, 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 of that Defaulting Lender to fund Loans under this Agreement; fifth,
to the payment of any amounts owing to the Lenders, the Issuing Banks or the Swing Line Lender as a result of any judgment of a court
of competent jurisdiction obtained by any Lender, such Issuing Bank or the Swing Line Lender, as applicable, against that Defaulting Lender
as a result of that Defaulting Lender’s breach of its obligations under this Agreement; sixth, so long as no Default or Event
of Default exists, to the payment of any amounts owing to any Loan Party as a result of any judgment of a court of competent jurisdiction
obtained by any Loan Party against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under
this Agreement; and seventh, 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 or LC Disbursements and such Lender is a Defaulting Lender under
clause (a) of the definition thereof, such payment shall be applied solely to pay the relevant Loans of, and LC Disbursements owed
to, the relevant non-Defaulting Lenders on a pro rata basis prior to being applied pursuant to Section 2.05(j) or this Section 2.22(a)(ii).
Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a
Defaulting Lender or to post cash collateral pursuant to Section 2.05(j) shall be deemed paid to and redirected by that Defaulting
Lender, and each Lender irrevocably consents hereto.

 

(iii)            Certain
Fees. That Defaulting Lender (x) shall not be entitled to receive or accrue any commitment fee pursuant to Section 2.12(a) for
any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise
would have been required to have been paid to that Defaulting Lender) and (y) shall be limited in its right to receive Letter of
Credit fees as provided in Section 2.12(b).

 

(iv)            Reallocation
of Applicable Percentages to Reduce Fronting Exposure. During any period in which there is a Defaulting Lender, for purposes of computing
the amount of the obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit pursuant
to Section 2.05 and Swing Line Loans pursuant to Section 2.04 and the payments of participation fees pursuant to Section 2.12(b),
the “Applicable Percentage” of each non-Defaulting Lender shall be

 

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computed without giving effect to the Revolving Commitment
of that Defaulting Lender; provided that the aggregate obligation of each non-Defaulting Lender to acquire, refinance or fund participations
in Letters of Credit and Swing Line Loans shall not exceed the positive difference, if any, of (1) the Revolving Commitment of that
non-Defaulting Lender minus (2) the aggregate principal amount of the Revolving Loans of that non-Defaulting Lender.

 

(v)            Cash
Collateral. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower shall,
without prejudice to any right or remedy available to it hereunder or under law, cash collateralize the Issuing Banks’ Applicable
Fronting Exposure and the Swing Line Lender’s fronting exposure in accordance with the procedures set forth in Section 2.05(j).

 

(b)            Defaulting
Lender Cure. If the Borrower, the Administrative Agent and each Issuing Bank 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 (which may include arrangements with respect
to any cash collateral), such 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 and funded and unfunded participations
in Letters of Credit to be held on a pro rata basis by the Lenders in accordance with their Applicable Percentages (without giving effect
to Section 2.22(a)(iv) or the proviso to the definition thereof), whereupon that Lender will cease to be a Defaulting Lender;
provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower
while that Lender was a Defaulting Lender; and provided further that except to the extent otherwise expressly agreed by the affected
parties and subject to Section 9.20, 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.

 

(c)            Swing
Line Loans and Letters of Credit. So long as such Lender is a Defaulting Lender, the Swing Line Lender shall not be required to fund
any Swing Line Loan and any Issuing Bank shall not be required to issue, amend, extend, modify or increase any Letter of Credit, unless
it has received assurances reasonably satisfactory to it that non-Defaulting Lenders will cover the related exposure and/or cash collateral
will be provided by the Borrower in accordance with Section 2.22(a), and participating interests in any newly made Swing Line
Loan or any newly issued or increased Letter of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with Section 2.22(a) (and
such Defaulting Lender shall not participate therein).

 

SECTION 2.23 Illegality.

 

If any Lender reasonably determines
that any law has made it unlawful, or any Governmental Authority has asserted that it is unlawful, for any Lender to make, maintain or
fund Loans whose interest is determined by reference to the Adjusted LIBOTerm
SOFR Rate (whether denominated in Dollars or an Alternative Currency), or to determine or charge interest rates based upon
the Adjusted LIBOTerm SOFR
Rate, then, on notice thereof by such Lender to Borrower

 

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through the Administrative Agent, (i) any obligation of such Lender to make
or continue EurodollarSOFR
Loans in the affected currency or currencies or to convert ABR Loans to EurodollarSOFR
Loans in the affected currency or currencies shall be suspended, and (ii) if such notice asserts the illegality of such Lender making
or maintaining ABR Loans the interest rate on which is determined by reference to the Adjusted LIBOTerm
SOFR Rate component of the Alternate Base Rate, the interest rate on such ABR Loans of such Lender shall, if necessary to avoid
such illegality, be determined by the Administrative Agent without reference to the Adjusted LIBOTerm
SOFR Rate component of the Alternate 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
three Business Days’ notice from such Lender (with a copy to the Administrative Agent), prepay or (I) if applicable and such
Loans are denominated in Dollars, convert all EurodollarSOFR
Loans denominated in Dollars of such Lender to ABR Loans (the interest rate on which ABR Loans of such Lender shall, if necessary to avoid
such illegality, be determined by the Administrative Agent without reference to the Adjusted LIBOTerm
SOFR Rate component of the Alternate Base Rate), either on the last day of the Interest Period therefor, if such Lender may
lawfully continue to maintain such EurodollarSOFR
Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such EurodollarSOFR
Loans, or (II) if applicable and such Loans are denominated in an Alternative Currency, to the extent the Borrower and the applicable
Lenders agree, convert such Loans to Loans bearing interest at an alternative rate mutually acceptable to the Borrower and all of the
applicable Lenders, in each case, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain
such EurodollarSOFR
Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such EurodollarSOFR
Loans; provided, however, that if the Borrower and the applicable Lender cannot agree within a reasonable time on an alternative
rate for such Loans denominated in an Alternative Currency, the Borrower may, at its discretion, either (i) prepay such Loans or
(ii) maintain such Loans outstanding, in which case, the interest rate payable to the applicable Lender on such Loans will be the
rate determined by such Lender as its cost of funds to fund a Borrowing of such Loans with maturities comparable to the Interest Period
applicable thereto plus the Applicable Rate unless the maintenance of such Loans outstanding on such basis would not stop the conditions
described in the first sentence of this Section 2.23 from existing (in which case the Borrower shall be required to prepay such Loans),
and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Adjusted LIBOTerm
SOFR Rate, the Administrative Agent shall during the period of such suspension compute the Alternate Base Rate applicable to
such Lender without reference to the Adjusted LIBOTerm
SOFR Rate component thereof until the Administrative Agent 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 Adjusted LIBOTerm
SOFR Rate. Each Lender agrees to notify the Administrative Agent and the Borrower in writing promptly upon becoming aware that
it is no longer illegal for such Lender to determine or charge interest rates based upon the Adjusted LIBOTerm
SOFR Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or
converted.

 

SECTION 2.24 Loan
Modification Offers.

 

(a)            At
any time after the Effective Date, the Administrative Borrower may on one or more occasions, by written notice to the Administrative Agent,
make one or more offers (each, a “Loan Modification Offer”) to all the Lenders of one or more Classes (each Class subject

 

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to such a Loan Modification Offer, an “Affected Class”) to effect one or more Permitted Amendments relating to such
Affected Class pursuant to procedures reasonably specified by the Administrative Agent and reasonably acceptable to the Borrower
(including mechanics to permit cashless rollovers and exchanges by Lenders). Such notice shall set forth (i) the terms and conditions
of the requested Permitted Amendment and (ii) the date on which such Permitted Amendment is requested to become effective. Permitted
Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept
the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender,
only with respect to such Lender’s Loans and Commitments of such Affected Class as to which such Lender’s acceptance
has been made.

 

(b)            A
Permitted Amendment shall be effected pursuant to a Loan Modification Agreement executed and delivered by Holdings, Borrower, each applicable
Accepting Lender and the Administrative Agent (provided, that if such amendment does not affect the rights, duties, privileges
or obligations of the Administrative Agent, the Administrative Agent shall only be required to acknowledge such amendment). The Administrative
Agent shall promptly notify each Lender as to the effectiveness of each Loan Modification Agreement. Each Loan Modification Agreement
may, without the consent of any Lender other than the applicable Accepting Lenders, effect such amendments to this Agreement and the other
Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to give effect to the provisions of this
Section 2.24, including any amendments necessary to treat the applicable Loans and/or Commitments of the Accepting Lenders as a new
 “Class” of loans and/or commitments hereunder.

 

(c)            If,
in connection with any proposed Loan Modification Offer, any Lender declines to consent to such Loan Modification Offer on the terms and
by the deadline set forth in such Loan Modification Offer (each such Lender, a “Non-Accepting Lender”) then the Borrower
may, on notice to the Administrative Agent and the Non-Accepting Lender, replace such Non-Accepting Lender in whole or in part by causing
such Lender to (and such Lender shall be obligated to) assign and delegate, without recourse (in accordance with and subject to the restrictions
contained in Section 9.04) all or any part of its interests, rights and obligations under this Agreement in respect of the Loans
and Commitments of the Affected Class to one or more Eligible Assignees (which Eligible Assignee may be another Lender, if a Lender
accepts such assignment); provided that neither the Administrative Agent nor any Lender shall have any obligation to the Borrower to find
a replacement Lender; provided, further, that (a) the applicable assignee shall have agreed to provide Loans and/or Commitments
on the terms set forth in the applicable Permitted Amendment, (b) such Non-Accepting Lender shall have received payment of an amount
equal to the outstanding principal of the Loans of the Affected Class assigned by it pursuant to this Section 2.24(c), accrued
interest thereon, accrued fees and all other amounts (including any amounts under Section 2.11) payable to it hereunder from the
Eligible Assignee (to the extent of such outstanding principal and accrued interest and fees) and (c) the processing and recordation
fee specified in Section 9.04(b) shall be payable.

 

(d)            Notwithstanding
anything to the contrary, this Section 2.24 shall supersede any provisions in Section 2.18 or Section 9.02 to the contrary.

 

SECTION 2.25 Administrative
Borrower as Agent.

 

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The Borrowers (other than the
Administrative Borrower) hereby appoint the Administrative Borrower to act as their agent for all purposes under this Agreement (including,
without limitation, with respect to all matters related to the borrowing and repayment of Loans) and the other Loan Documents and agree
that (i) the Administrative Borrower may execute such documents on behalf of the Borrowers as the Administrative Borrower deems appropriate
in its sole discretion and the Borrowers shall be obligated by all of the terms of any such document executed on their behalf, (ii) any
notice or communication delivered by the Administrative Agent or any Lender to the Administrative Borrower shall be deemed delivered to
all Borrowers and (iii) the Administrative Agent and the Lenders may accept, and be permitted to rely on, any document, instrument
or agreement executed by the Administrative Borrower on behalf of the Borrowers.

 

Article III

 

REPRESENTATIONS AND WARRANTIES

 

Each of Holdings and the Borrower
represents and warrants to the Lenders that as of the Effective Date (provided, that on the Effective Date, the only representations
and warranties made under this Article III shall be the Specified Representations), and thereafter as and to the extent required
by Section 4.02:

 

SECTION 3.01 Organization;
Powers.

 

Each of Holdings, any Intermediate
Parent, the Borrower and the Restricted Subsidiaries is (a) duly organized or incorporated, validly existing and in good standing
(to the extent such concept exists in the jurisdiction of organization of such Person) under the laws of the jurisdiction of its organization
or incorporation, (b) has the corporate or other organizational power and authority to carry on its business as now conducted and
to execute, deliver and perform its obligations under each Loan Document to which it is a party and (c) is qualified to do business
in, and is in good standing in, every jurisdiction where such qualification is required, except in the cases of clause (a) (other
than with respect to the Borrower), clause (b) and clause (c), where the failure to do so, individually or in the aggregate, could
not reasonably be expected to result in a Material Adverse Effect.

 

SECTION 3.02 Authorization;
Enforceability.

 

This Agreement has been duly
authorized, executed and delivered by each of Holdings and the Borrower and constitutes, and each other Loan Document to which any Loan
Party is to be a party, when executed and delivered by such Loan Party, will constitute, a legal, valid and binding obligation of Holdings,
the Borrower or such Loan Party, as the case may be, enforceable against it in accordance with its terms, subject to applicable Debtor
Relief Laws and any other applicable bankruptcy, insolvency, reorganization, moratorium, examinership or other laws affecting creditors’
rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

 

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SECTION 3.03 Governmental
Approvals; No Conflicts.

 

Except as set forth on Schedule
3.03, the Financing Transactions (a) do not require any consent or approval of, registration or filing with, or any other action
by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except filings necessary
to perfect Liens created under the Loan Documents, (b) will not violate (i) the Organizational Documents of, or (ii) any
Requirements of Law applicable to, Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary, (c) will not violate
or result in a default under any indenture or other agreement or instrument, in each case, binding upon Holdings, any Intermediate Parent,
the Borrower or any Restricted Subsidiary or their respective assets, or give rise to a right thereunder to require any payment, repurchase
or redemption to be made by Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary, or give rise to a right of,
or result in, termination, cancellation or acceleration of any obligation thereunder and (d) will not result in the creation or imposition
of any Lien on any asset of Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary (other than Liens created under
the Loan Documents) except (in the case of each of clauses (a), (b)(ii) and (c)) to the extent that the failure to obtain or
make such consent, approval, registration, filing or action, or such violation, default or right, as the case may be, individually or
in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

 

SECTION 3.04 No
Material Adverse Effect.

 

Since the Effective Date, there has been
no Material Adverse Effect.

 

SECTION 3.05 Properties.

 

Each of Holdings, each Intermediate
Parent, the Borrower and the Restricted Subsidiaries has good and marketable title to, or valid interests in, all its real and personal
property material to its business, if any (including all of the Mortgaged Properties), (i) free and clear of all Liens except for
Liens permitted by Section 6.02 and (ii) except for minor defects in title that do not interfere with its ability to conduct
its business as currently conducted or as proposed to be conducted or to utilize such properties for their intended purposes, in each
case, except where the failure to do so could not reasonably be expected to have, individually or in the aggregate, a Material Adverse
Effect.

 

SECTION 3.06 Litigation
and Environmental Matters.

 

(a)            Except
as set forth on Schedule 3.06, there are no actions, suits or proceedings by or before any arbitrator or Governmental Authority pending
against or, to the knowledge of Holdings or the Borrower, threatened in writing against or affecting Holdings, any Intermediate Parent,
the Borrower or any Restricted Subsidiary that could reasonably be expected, individually or in the aggregate, to result in a Material
Adverse Effect.

 

(b)            Except
as set forth on Schedule 3.06, and 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, none of Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary
(i) has failed to comply with any Environmental Law or to obtain, maintain

 

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or comply with any permit, license or other approval required
under any Environmental Law, (ii) has, to the knowledge of Holdings or the Borrower, become subject to any Environmental Liability
or (iii) has received written notice of any claim with respect to any Environmental Liability.

 

SECTION 3.07 Compliance
with Laws.

 

Each of Holdings, each Intermediate
Parent, the Borrower and the Restricted Subsidiaries is in compliance with all Requirements of Law applicable to it or its property, except,
in each case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse
Effect.

 

SECTION 3.08 Investment
Company Status.

 

None of the Loan Parties is
required to register as an “investment company” under the Investment Company Act of 1940, as amended from time to time.

 

SECTION 3.09 Taxes.

 

Except as could not, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect, Holdings, each Intermediate Parent, the Borrower and each
Restricted Subsidiary (a) have timely filed or caused to be filed all Tax returns and reports required to have been filed and (b) have
paid or caused to be paid all Taxes levied or imposed on their properties, income or assets (whether or not shown on a Tax return) including
in their capacity as tax withholding agents, except any Taxes that are being contested in good faith by appropriate proceedings, provided
that Holdings, the Borrower or such Intermediate Parent or Restricted Subsidiary, as the case may be, has set aside on its books adequate
reserves therefor in accordance with GAAP. There is no proposed Tax assessment, deficiency or other claim against Holdings, any Intermediate
Parent, the Borrower or any Restricted Subsidiary that would reasonably be expected to, individually or in the aggregate, have a Material
Adverse Effect.

 

SECTION 3.10 ERISA.

 

(a)            Except
as would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect, each Plan sponsored by
a Loan Party is in compliance with the applicable provisions of ERISA, the Code and other federal or state laws.

 

(b)            Except
as could not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, (i) no ERISA Event
has occurred during the six year period prior to the date on which this representation is made or deemed made or is reasonably expected
to occur, and (ii) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that would reasonably be expected
to be subject to Section 4069 or 4212(c) of ERISA.

 

(c)            Except
as could not reasonably be expected, individually or in the aggregate to result in a Material Adverse Effect: (i) each employee benefit
plan (as defined in Section 3(2) of ERISA) sponsored by Holdings or the Borrower that is intended to be a qualified plan under
Section 401(a) of the Code has received a favorable determination letter from the Internal Revenue Service to the effect that
the form of such plan is qualified under Section 401(a) of the Code and

 

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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; (ii) to the knowledge of Holdings and the Borrower, nothing
has occurred that would prevent or cause the loss of such tax-qualified status; and (iii) there are no pending or, to the knowledge
of Holdings and the Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any such
plan.

 

SECTION 3.11 Disclosure.

 

As of the Effective Date, all
written factual information and written factual data (other than projections, any pro forma financial information (including the Pro Forma
Financial Statements), budgets, other forward-looking information or information consisting of statements, estimates or forecasts regarding
the future condition of the industries in which the Loan Parties operate and information of a general economic or industry specific nature)
made available to the Administrative Agent, any Joint Lead Arranger or any Lender in connection with the Transactions, when taken as a
whole after giving effect to all supplements and updates provided thereto, is correct in all material respects and does not contain any
untrue statement of a material fact or omit to state any material fact necessary to make the statements therein not materially misleading
in the light of the circumstances under which they were made; provided that, with respect to the projections of Holdings and its
Subsidiaries included in the Information Memorandum, Holdings and the Borrower represent that such projections, when taken as a whole,
were prepared in good faith based upon assumptions believed by them to be reasonable at the time furnished, it being understood that (i) such
projections are merely a prediction as to future events and are not to be viewed as facts, (ii) such projections are subject to significant
uncertainties and contingencies, many of which are beyond the control of Holdings and (iii) no assurance can be given that any particular
projections will be realized and that actual results during the period or periods covered by any such projections may differ significantly
from the projected results and such differences may be material.

 

SECTION 3.12 Subsidiaries.
As of the Effective Date, after giving effect to the Transactions to occur on the Effective Date, Schedule 3.12 sets forth the name of,
and the ownership interest of each Subsidiary of Holdings.

 

SECTION 3.13 Intellectual
Property; Licenses, Etc.

 

Except as could not reasonably
be expected to have a Material Adverse Effect, each of Holdings, each Intermediate Parent, the Borrower and the Restricted Subsidiaries
owns, licenses or possesses the right to use all Intellectual Property that is reasonably necessary for the operation of its business
substantially as currently conducted. To the knowledge of Holdings and the Borrower, the conduct of the business of Holdings, the Intermediate
Parents, the Borrower and the Restricted Subsidiaries as currently conducted does not infringe the Intellectual Property of any Person,
except for such infringements that could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
No claim or litigation regarding any Intellectual Property is pending or, to the knowledge of Holdings and the Borrower, threatened in
writing against Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary,

 

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which, individually or in the aggregate,
could reasonably be expected to have a Material Adverse Effect.

 

SECTION 3.14 Solvency.

 

Immediately after the consummation
of each of the Transactions to occur on the Effective Date, after taking into account all applicable rights of indemnity and contribution,
as of the Effective Date, (a) the sum of the debt (including contingent liabilities) of the Borrower and its Subsidiaries, taken
as a whole, does not exceed the present fair saleable value (on a going concern basis) of the assets of the Borrower and its Subsidiaries,
taken as a whole; (b) the capital of the Borrower and its Subsidiaries, taken as a whole, is not unreasonably small in relation to
the business of the Borrower and its Subsidiaries, taken as a whole, contemplated as of the date hereof; and (c) the Borrower and
its Subsidiaries, taken as a whole, do not intend to incur, or believe that they will incur, debts including current obligations beyond
their ability to pay such debts as they mature in the ordinary course of business. For the purposes of this Section 3.14,
the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances
existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of
whether such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standard No. 5) in the
ordinary course of business.

 

SECTION 3.15 Federal
Reserve Regulations.

 

No part of the proceeds of the
Loans will be used, directly or indirectly, to purchase or carry any margin stock (within the meaning of Regulation U of the Board of
Governors) or to refinance any Indebtedness originally incurred for such purpose, or for any other purpose that entails a violation (including
on the part of any Lender) of the provisions of Regulations U or X of the Board of Governors.

 

SECTION 3.16 USA
PATRIOT Act; OFAC and FCPA.

 

(a)            The
Borrower will not directly or, knowingly, indirectly use the proceeds of the Loans or otherwise make available such proceeds to any Person
for the purpose of funding activities or business of or with any Person that is the target of Sanctions, or in any Sanctioned Country,
in each case, in violation of applicable Sanctions, or in any other manner that would result in a violation by any party to this Agreement
of Sanctions applicable to such party. The Borrower will not, directly or, knowingly indirectly, use the proceeds of the Loans for any
payments to any governmental official or employee, political party, official of a political party, candidate for political office, or
anyone else acting in an official capacity on behalf of a government, in order to obtain, retain or direct business or obtain any improper
advantage, in each case in violation of the United States Foreign Corrupt Practices Act of 1977, as amended (the “FCPA”)
or any other applicable anti-corruption law.

 

(b)            Each
of Holdings, the Borrower and the Restricted Subsidiaries is in compliance in all material respects with (i) applicable regulations
and other Sanctions administered by OFAC, (ii) Title III of the USA PATRIOT Act and (iii) the FCPA.

 

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(c)            None
of Holdings, any Intermediate Parent, the Borrower, any of the Restricted Subsidiaries or, to the knowledge of the Borrower, any director
or officer thereof or one or more individuals or entities holding 50 percent or more of the equity interests of Holdings, are individuals
or entities currently on OFAC’s list of Specially Designated Nationals and Blocked Persons and/or any similar list maintained by
OFAC, nor is Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary located, organized or resident in a Sanctioned
Country.

 

SECTION 3.17 Use
of Proceeds.

 

The proceeds of the Term Loans
borrowed on the Effective Date, the Revolving Loans drawn on the Effective Date and each Revolving Loan drawn after the Effective Date
shall be used in a manner consistent with Section 5.10.

 

SECTION 3.18 Labor
Matters.

 

Except as could not reasonably
be expected to have a Material Adverse Effect: (a) there are no strikes or other labor disputes against the Borrower or any of its
Restricted Subsidiaries pending or, to the knowledge of the Borrower, threatened; (b) hours worked by and payment made to employees
of the Borrower or any of its Restricted Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable
laws dealing with such matters; and (c) all payments due from the Borrower or any of its Restricted Subsidiaries on account of employee
health and welfare insurance have been paid or accrued as a liability on the books of the relevant party.

 

Article IV

 

CONDITIONS

 

SECTION 4.01 Effective
Date.

 

The obligation of each Lender
to make Loans and the obligations of each Issuing Bank to issue Letters of Credit hereunder on the Effective Date shall be subject to
satisfaction of the following conditions (or waiver thereof in accordance with Section 9.02):

 

(a)            The
Administrative Agent (or its counsel) shall have received from the Borrower and Holdings either (i) a counterpart of this Agreement
signed on behalf of such party or (ii) written evidence satisfactory to the Administrative Agent (which may include facsimile or
other electronic transmission of a signed counterpart of this Agreement) that such party has signed a counterpart of this Agreement.

 

(b)            The
Administrative Agent shall have received a customary written opinion (addressed to the Administrative Agent, the Lenders and the Issuing
Banks and dated the Effective Date) of Kirkland & Ellis LLP, counsel for the Loan Parties. Each of Holdings and the Borrower
hereby requests such counsel to deliver such opinion.

 

(c)            The
Administrative Agent shall have received a customary certificate of Holdings on behalf of each Loan Party, dated the Effective Date, executed
by any Responsible

 

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Officer of Holdings certifying as to the matters set forth in paragraphs (i) of this Section 4.01 (solely
in the case of paragraph (i)(A), to the Borrower’s knowledge).

 

(d)            The
Administrative Agent shall have received a customary certificate of a secretary or an assistant secretary or a Responsible Officer of
such Loan Party, which shall include a copy of (i) each Organizational Document of each Loan Party certified, to the extent applicable,
as of a recent date by the applicable Governmental Authority, (ii) signature and incumbency certificates of the Responsible Officers
of each Loan Party executing the Loan Documents to which it is a party, (iii) copies of resolutions of the Board of Directors of
each Loan Party approving and authorizing the execution, delivery and performance of Loan Documents to which it is a party, certified
as of the Effective Date by a secretary, an assistant secretary or a Responsible Officer of such Loan Party as being in full force and
effect without modification or amendment and (iv) a good standing certificate (to the extent such concept exists in the jurisdiction
of incorporation, organization or formation of such Loan Party) from the applicable Governmental Authority of each Loan Party’s
jurisdiction of incorporation, organization or formation.

 

(e)            The
Administrative Agent shall have received (or shall receive substantially contemporaneously with funding on the initial Loans hereunder)
(which amounts may be funded from the proceeds of the initial Loans hereunder) all fees and other amounts previously agreed in writing
by the Joint Lead Arrangers and the Borrower to be due and payable on or prior to the Effective Date to the extent invoiced at least three
(3) Business Days prior to the Effective Date, including reimbursement or payment of all reasonable and documented out-of-pocket
expenses (including reasonable fees, charges and disbursements of counsel to the extent required to be reimbursed pursuant to the Commitment
Letter) required to be reimbursed or paid by any Loan Party under the Commitment Letter and the Fee Letter.

 

(f)             Holdings
and the Borrower shall have satisfied the Collateral and Guarantee Requirement and, substantially simultaneously with the consummation
of the Acquisition the Loan Guarantors shall have satisfied the Collateral and Guarantee Requirement (in each case other than in accordance
with Section 5.14); provided that if, notwithstanding the use by Holdings and the Borrower of commercially reasonable efforts
or without undue burden or expense to cause the Collateral and Guarantee Requirement to be satisfied on the Effective Date, the requirements
thereof (other than (a) the execution and delivery of the Guarantee Agreement and the Collateral Agreement by the Effective Date
Loan Parties, (b) the delivery of stock certificates or other certificates, if any, representing equity interests of each Borrower
and (c) delivery of Uniform Commercial Code financing statements, with respect to perfection of security interests in the assets
of the Loan Parties that may be perfected by the filing of a financing statement under the Uniform Commercial Code) are not satisfied
as of the Effective Date, the satisfaction of such requirements shall not be a condition to the availability of the Loans on the Effective
Date (but shall be required to be satisfied as promptly as practicable after the Effective Date and in any event within the period specified
therefor in Schedule 5.14 or such later date as the Administrative Agent may otherwise reasonably agree).

 

(g)            Since
the date of the Acquisition Agreement, there shall not have occurred an ATK Material Adverse Effect.

 

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(h)            The
Joint Lead Arrangers shall have received the Audited Financial Statements, the Unaudited Financial Statements and the Pro Forma Financial
Statements.

 

(i)             (A) The
Specified Acquisition Agreement Representations shall be true and correct in all material respects on and as of the Effective Date (or,
as of such earlier date if expressly made as of an earlier date) and (B) the Specified Representations shall be true and correct
in all material respects as of the Effective Date.

 

(j)             The
Acquisition shall have been, or substantially concurrently with the initial funding of Loans shall be, consummated in all material respects
in accordance with the Acquisition Agreement. No provision of the Acquisition Agreement shall have been waived, amended, consented to
or otherwise modified in a manner material and adverse to the Joint Lead Arrangers or Lenders
(in their respective capacities as such) without the consent of the Joint Lead Arrangers
(not to be unreasonably withheld, delayed, denied or conditioned and provided that the Joint Lead
Arrangers shall be deemed to have consented to such waiver, amendment, consent or other modification unless they shall object thereto
within three (3) business days after notice of such waiver, amendment, consent or other modification); provided that (i) any
reduction in the purchase price for the Acquisition set forth in the Acquisition Agreement of less than 10% shall be deemed to be not
material and adverse to the interests of the Joint Lead Arrangers or the Lenders so long as the Minimum Equity Contribution Percentage
is maintained, and any reduction in the purchase price of 10% or more shall deemed to be material and adverse to the interests of the
Joint Lead Arrangers or the Lenders unless applied to reduce the Equity Contribution and
the Term Commitment on a dollar-for-dollar, pro rata basis, or to the extent the Equity Contribution cannot be reduced, solely
to the Term Commitment, (ii) any increase in the purchase price set forth in the Acquisition
Agreement shall be deemed to be not material and adverse to the interests of the Lenders so long as such purchase price increase is not
funded with additional indebtedness of Borrower or its restricted subsidiaries (it being understood and agreed that no purchase price,
working capital or similar adjustment provisions set forth in the Acquisition Agreement shall constitute a reduction or increase in the
purchase price) and (iii) any adverse change to the definition of ATK Material Adverse Effect shall be deemed materially adverse
to the Joint Lead Arrangers or the Lenders and shall require the consent of the Joint
Lead Arrangers (not to be unreasonably withheld, delayed, denied or conditioned).

 

(k)            The
Debt Repayment shall have been consummated, or substantially concurrently with the initial funding of Loans on the Effective Date, shall
be consummated.

 

(l)             The
Joint Lead Arrangers and the Lenders shall have received a certificate from the chief financial officer, chief operating officer or other
officer with similar responsibilities of the Borrower certifying as to the solvency of the Borrower and its Subsidiaries on a consolidated
basis after giving effect to the Transactions, substantially the form of Exhibit P.

 

(m)            The
Administrative Agent and the Joint Lead Arrangers shall have received, at least three (3) Business Days prior to the Effective Date,
all documentation and other information about the Loan Parties as shall have been reasonably requested in writing at least ten (10) Business
Days prior to the Effective Date by the Administrative Agent or the Joint Lead Arrangers that is required by regulatory authorities under
applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the USA
PATRIOT Act.

 

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(n)            The
Equity Contribution (as such term is defined in the Commitment Letter) shall have been consummated, or substantially concurrently with,
or prior to, the Borrowing of the Loans on the Effective Date shall be consummated, in a manner materially consistent with the terms set
forth in Exhibit A to the Commitment Letter.

 

(o)            The
Administrative Agent shall have received a Borrowing Request relating to each Loan to be made on the Effective Date in accordance with
Section 2.03.

 

SECTION 4.02 Each
Credit Event.

 

After the Effective Date, the
obligation of each Lender to make a Loan on the occasion of any Borrowing, and of each Issuing Bank to issue, amend, renew or extend any
Letter of Credit (other than any Borrowing or issuance of a Letter of Credit under any Incremental Facility), is subject to receipt of
the request therefor in accordance herewith and to the satisfaction of the following conditions:

 

(a)            The
representations and warranties of each Loan Party set forth in the Loan Documents shall be true and correct in all material respects on
and as of the date of such Borrowing or the date of issuance, amendment, renewal or extension of such Letter of Credit, as the case may
be; provided that, in each case, to the extent that such representations and warranties specifically refer to an earlier date,
they shall be true and correct in all material respects as of such earlier date.

 

(b)            At
the time of and immediately after giving effect to such Borrowing, or the issuance, amendment, renewal or extension of such Letter of
Credit, as the case may be, no Default or Event of Default shall have occurred and be continuing.

 

(c)            The
receipt by the Administrative Agent of a Borrowing Request relating to the applicable Loan to be made in accordance with Section 2.03.

 

Each Borrowing (provided that a conversion
or a continuation of a Borrowing shall not constitute a “Borrowing” for purposes of this Section 4.02), other than a
Borrowing on the Effective Date or under any Incremental Facility, and each issuance, amendment, renewal or extension of a Letter of Credit
(other than any issuance, amendment, renewal or extension of a Letter of Credit on the Effective Date) shall be deemed to constitute a
representation and warranty by Holdings and the Borrower on the date thereof as to the matters specified in paragraphs (a) and
(b) of this Section 4.02.

 

Notwithstanding the foregoing, in the case of
any Borrowing after the Effective Date the proceeds of which are used to finance a Limited Condition Transaction, clause (a) above
shall be limited to the Specified Representations and clause (b) above shall be limited to any Specified Event of Default.

 

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Article V

 

AFFIRMATIVE COVENANTS

 

From and after the Effective
Date and until the Termination Date, each of Holdings and the Borrower covenants and agrees with the Lenders that:

 

SECTION 5.01 Financial
Statements and Other Information.

 

Holdings or the Borrower will
furnish to the Administrative Agent, on behalf of each Lender:

 

(a)            on
or before the date that is one hundred and five (105) days after the end of each fiscal year of Holdings commencing with the fiscal year
ended on or about August 31, 2017 (or, in the case of financial statements for the fiscal year ended on or about August 31,
2017, on or before the date that is one hundred and thirty-five (135) days after the end of such fiscal year), audited consolidated balance
sheet and audited consolidated statements of income and retained earnings and statement of cash flows of Holdings and its Subsidiaries
as of the end of and for such year, and related notes thereto, setting forth in each case in comparative form the figures for the previous
fiscal year (commencing with fiscal year ended on or about August 31, 2018) and accompanied by customary management discussion and
analysis, all reported on by an independent public accountant of recognized national standing (without a “going concern” or
like qualification or exception except to the extent such qualification or exception is a result of a current maturity of any debt or
any actual or prospective default of a financial maintenance covenant or the activities, operations, financial results, assets or liabilities
of unrestricted subsidiaries and without any qualification or exception as to the scope of such audit) to the effect that such consolidated
financial statements present fairly in all material respects the financial condition as of the end of and for such year and results of
operations and cash flows of the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP consistently applied;

 

(b)            commencing
with the financial statements for the fiscal quarter ended November 30, 2017, on or before the date that is forty-five (45) days
after the end of each of the first three fiscal quarters of each fiscal year of Holdings (or, in the case of financial statements for
the fiscal quarters ended November 30, 2017, February 28, 2018 and May 31, 2018 on or before the date that is sixty (60)
days after the end of such fiscal quarter), unaudited consolidated balance sheet and unaudited consolidated statements of income and retained
earnings and statement of cash flows as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year, setting
forth in each case in comparative form the figures for the corresponding period or periods of (or, in the case of the balance sheet, as
of the end of) the previous fiscal year and accompanied by customary management discussion and analysis, all certified by a Financial
Officer as presenting fairly in all material respects the financial condition as of the end of and for such fiscal quarter and such portion
of the fiscal year and results of operations and cash flows of Holdings and its Subsidiaries on a consolidated basis in accordance with
GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes;

 

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(c)            simultaneously
with the delivery of each set of consolidated financial statements referred to in clauses (a) and (b) above, the related unaudited
consolidating financial information reflecting adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from
such consolidated financial statements;

 

(d)            not
later than five (5) days after any delivery of financial statements under paragraph (a) or (b) above, a certificate
of a Financial Officer (i) certifying as to whether a Default has occurred and is continuing and, if a Default has occurred and is
continuing, specifying the details thereof and any action taken or proposed to be taken with respect thereto and (ii) setting forth
(I) reasonably detailed calculations (A) if, on the last day of any fiscal quarter a Compliance Requirement then exists, demonstrating
compliance with the Financial Performance Covenant (including a calculation of Consolidated EBITDA for such period with any applicable
pro forma and other adjustments expressly contemplated to be included in such certificate pursuant to the other provisions of this Agreement),
(B) in the case of financial statements delivered under paragraph (a) above and only to the extent the Borrower would be
required to prepay Term Borrowings pursuant to Section 2.11(d), beginning with the financial statements for the fiscal year of Holdings
ending on or about August 31, 2018, of Excess Cash Flow for such fiscal year and (C) in the case of financial statements delivered
under paragraph (a) above, of the Available Amount then in effect, (II) if the Applicable Rate (1) with respect to the
Revolving Loans is to be determined in accordance with Category 2 or 3, as applicable and/or (2) with respect to the Term Loans is
to be determined in accordance with Category 2, in each such case, a calculation of the Senior Secured First Lien Net Leverage Ratio as
of the last day of the applicable fiscal quarter or fiscal year and (III) a reconciliation of Consolidated EBITDA to the net income
set forth on the applicable statement of income and (IV) in the case of financial statements delivered under paragraph (a) above,
the Cumulative Retained Excess Cash Flow Amount as of the end of the applicable Excess Cash Flow Period; and

 

(e)            not
later than forty-five (45) days after the commencement of each fiscal year of Holdings (beginning with the fiscal year commencing on or
about September 1, 2018), a detailed consolidated budget for Holdings and its Subsidiaries for such fiscal year (including a projected
consolidated balance sheet and consolidated statements of income and retained earnings and statement of cash flows as of the end of and
for such fiscal year and setting forth the material assumptions used for purposes of preparing such budget); it being understood and agreed
that any financial or business projections furnished by any Loan Party (i)(A) are subject to significant uncertainties and contingencies,
which may be beyond the control of the Loan Parties, (B) no assurance is given by the Loan Parties that the results or forecast in
any such projections will be realized and (C) the actual results may differ from the forecast results set forth in such projections
and such differences may be material and (ii) are not a guarantee of performance.

 

Notwithstanding the foregoing,
the obligations in paragraphs (a) and (b) of this Section 5.01 may be satisfied with respect to financial information of
Holdings and its Subsidiaries by furnishing (x) the applicable financial statements of any Holdings Parent (including PubCo) that,
directly or indirectly, holds all of the Equity Interests of Holdings and holds no other material assets other than the Equity Interests
of Holdings or (y) the Form 10-K or 10-Q (or the equivalent), as applicable, of Holdings (or any Holdings Parent (including
PubCo)) filed with the SEC within the applicable time periods required by applicable law and regulations; provided that (i) to
the extent such information relates to a Holdings Parent, such information is accompanied by

 

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consolidating information, which may be unaudited,
that explains in reasonable detail the differences between the information relating to such parent, on the one hand, and the information
relating to Holdings and its Subsidiaries on a standalone basis, on the other hand, and (ii) to the extent such information is in
lieu of information required to be provided under Section 5.01(a), such materials are accompanied by a report and opinion of an independent
registered public accounting firm of nationally recognized standing, 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 except to the
extent such qualification or exception is a result of a current maturity of any debt or any actual or prospective default of a financial
maintenance covenant or the activities, operations, financial results, assets or liabilities of unrestricted subsidiaries and without
any qualification or exception as to the scope of such audit.

 

Documents required to be delivered
pursuant to Section 5.01(a) or (b) (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 Holdings
or PubCo posts such documents, or provides a link thereto on PubCo’s, Holdings’ or the Borrower’s website on the Internet
at the website address listed on Schedule 9.01 (or otherwise notified pursuant to Section 9.01(d)); or (ii) on which such documents
are posted on Holdings’, PubCo’s or the Borrower’s behalf on an Internet or intranet website, if any, to which each
Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative
Agent); provided that: (i) Holdings shall deliver paper copies of such documents to the Administrative Agent upon its reasonable
request until a written notice to cease delivering paper copies is given by the Administrative Agent and (ii) Holdings shall notify
the Administrative Agent (by fax or electronic mail) of the posting of any such documents and upon its reasonable request, 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 maintain paper copies of the documents referred to above, and each Lender shall
be solely responsible for timely accessing posted documents and maintaining its copies of such documents.

 

Notwithstanding anything to
the contrary herein, neither Holdings nor any Subsidiary shall be required to deliver, disclose, permit the inspection, examination or
making of copies of or excerpts from, or any discussion of, any document, information, or other matter (i) that constitutes non-financial
trade secrets or non-financial proprietary information, (ii) in respect of which disclosure to the Administrative Agent (or any Lender
(or their respective representatives or contractors)) is prohibited by applicable law, fiduciary duty or binding agreement, (iii) that
is subject to attorney-client or similar privilege or constitutes attorney work product or (iv) with respect to which any Loan Party
or any Subsidiary owes confidentiality obligations (to the extent not created in contemplation of such Loan Party’s or Subsidiary’s
obligations under this Section 5.01) to any third party.

 

The Borrower hereby acknowledges
that (a) the Administrative Agent and/or the Joint Lead Arrangers will make available to the Lenders and the Issuing Bank 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
and who may be engaged in investment

 

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and other market-related activities with respect to the Borrower’s or their Affiliates’
securities. The Borrower hereby agrees that they will use commercially reasonable efforts to identify that portion of the Borrower Materials
that may be distributed to the Public Lenders and that (w) by marking Borrower Materials “PUBLIC,” the Borrower shall
be deemed to have authorized the Administrative Agent, the Joint Lead Arrangers, the Issuing Bank and the Lenders to treat such Borrower
Materials as not containing any Material Non-Public Information (although it may be sensitive and proprietary) (provided, however,
that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 9.12); (x) all
Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public
Side Information”; and (y) the Administrative Agent and the Joint Lead Arrangers shall be entitled to treat the Borrower Materials
that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public
Side Information”. Each Loan Party hereby acknowledges and agrees that, unless the Borrower notifies the Administrative Agent in
advance, all financial statements and certificates furnished pursuant to Sections 5.01(a), (b) and (c) above are hereby deemed
to be suitable for distribution, and to be made available, to all Lenders and may be treated by the Administrative Agent and the Lenders
as not containing any Material Non-Public Information and all other information shall be assumed to contain Material Non-Public Information.

 

SECTION 5.02 Notices
of Material Events.

 

Promptly after any Responsible
Officer of Holdings or the Borrower obtains actual knowledge thereof, Holdings or the Borrower will furnish to the Administrative Agent
(for distribution to each Lender through the Administrative Agent) written notice of the following:

 

(a)            the
occurrence of any Event of Default;

 

(b)            to
the extent permissible by Requirements of Law, the filing or commencement of any action, suit or proceeding by or before any arbitrator
or Governmental Authority against or, to the knowledge of a Financial Officer or another executive officer of Holdings, any Intermediate
Parent, the Borrower or any Subsidiary, affecting Holdings, any Intermediate Parent, the Borrower or any Subsidiary, in each case that
would reasonably be expected to result in a Material Adverse Effect; and

 

(c)            the
occurrence of any ERISA Event or ERISA Events that would reasonably be expected, individually or in the aggregate, to result in a Material
Adverse Effect.

 

Each notice delivered under this Section 5.02
shall be accompanied by a written statement of a Responsible Officer of Holdings or the Borrower setting forth the details of the event
or development requiring such notice and any action taken or proposed to be taken with respect thereto.

 

SECTION 5.03 Information
Regarding Collateral.

 

(a)            Holdings
or the Borrower will furnish to the Administrative Agent prompt (and in any event within thirty (30) days after or such longer period
as reasonably agreed to by the Administrative Agent) written notice of any change (i) in any Loan Party’s legal name (as set
forth

 

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in its certificate of organization or like document), (ii) in the jurisdiction of incorporation or organization of any Loan
Party or in the form of its organization or (iii) in any Loan Party’s organizational identification number to the extent that
such Loan Party is organized or owns Mortgaged Property in a jurisdiction where an organizational identification number is required to
be included in a UCC financing statement for such jurisdiction.

 

(b)            The
Borrower shall provide in each Compliance Certificate delivered pursuant to Section 5.01(d) any changes, if any, to Schedule
III to the Collateral Agreement as required to make such schedules accurate as of the last day of the fiscal quarter for which such Compliance
Certificate is delivered.

 

SECTION 5.04 Existence;
Conduct of Business.

 

Each of Holdings and the Borrower
will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to, do or cause to be done all
things necessary to obtain, preserve, renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges,
franchises, Intellectual Property and Governmental Approvals that are material to the conduct of its business, except to the extent
(other than with respect to the preservation of the existence of Holdings and the Borrower) that the failure to do so could not reasonably
be expected to have a Material Adverse Effect; provided that the foregoing shall not prohibit any merger, amalgamation, consolidation,
liquidation or dissolution permitted under Section 6.03 or any Disposition permitted by Section 6.05.

 

SECTION 5.05 Payment
of Taxes, etc.

 

Each of Holdings and the Borrower
will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to, pay all Taxes (whether or
not shown on a Tax return) imposed upon it or its income or properties or in respect of its property or assets, before the same shall
become delinquent or in default, except where (a) the same are being contested in good faith by an appropriate proceeding diligently
conducted by Holdings, the Borrower or any of their respective Subsidiaries or (b) the failure to make payment could not reasonably
be expected, individually or in the aggregate, to result in a Material Adverse Effect.

 

SECTION 5.06 Maintenance
of Properties.

 

Each of Holdings and the Borrower
will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to, keep and maintain all tangible
property material to the conduct of its business in good working order and condition (casualty, condemnation and ordinary wear and tear
excepted), except where the failure to do so could not reasonably be expected to have, individually or in the aggregate, a Material Adverse
Effect.

 

SECTION 5.07 Insurance.

 

(a)            Each
of Holdings and the Borrower will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to,
maintain, with insurance companies that Holdings believes (in the good faith judgment of the management of Holdings) are financially sound
and responsible at the time the relevant coverage is placed or renewed, insurance in at least such amounts (after giving effect to any
self-insurance which Holdings believes (in the

 

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good faith judgment of management of Holdings) is reasonable and prudent in light of the
size and nature of its business) and against at least such risks (and with such risk retentions) as Holdings believes (in the good faith
judgment or the management of Holdings) are reasonable and prudent in light of the size and nature of its business, and will furnish to
the Lenders, upon written request from the Collateral Agent, information presented in reasonable detail as to the insurance so carried.
The Borrower shall, and shall cause each Loan Party to (i) name the Collateral Agent, on behalf of the Secured Parties, as an additional
insured as its interests may appear on each such general liability policy of insurance belonging to or insuring such Restricted Subsidiary
(other than directors and officers policies, workers compensation policies and business interruption insurance) and (ii) in the case
of each casualty insurance policy belonging to or insuring a Loan Party, include a loss payable clause or mortgagee endorsement that names
the Collateral Agent, on behalf of the Secured Parties, as the loss payee or mortgagee thereunder.

 

(b)            If
any portion of any Mortgaged Property is at any time located in an area identified by the Federal Emergency Management Agency (or any
successor agency) as a special flood hazard area with respect to which flood insurance has been made available under the National Flood
Insurance Act of 1968 (as now or hereafter in effect or successor act thereto), then the Borrower shall, or shall cause each Loan Party
to (i) maintain, or cause to be maintained, with insurance companies that Holdings believes (in the good faith judgment of the management
of Holdings) are financially sound and responsible at the time the relevant coverage is placed or renewed, flood insurance in an amount
and otherwise sufficient to comply with all applicable rules and regulations promulgated pursuant to the Flood Insurance Laws and
(ii) furnish to the Lenders, upon written request from the Collateral Agent, information presented in reasonable detail as to the
flood insurance so carried.

 

SECTION 5.08 Books
and Records; Inspection and Audit Rights.

 

Each of Holdings and the Borrower
will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to, maintain proper books of record
and account in which entries that are full, true and correct in all material respects and are in conformity with GAAP (or applicable
local standards (it being understood and agreed that Foreign Subsidiaries may maintain individual books and records in conformity with
generally accepted accounting principles that are applicable in their respective countries of organization and that such maintenance
shall not constitute a breach of the representations, warranties or covenants hereunder)) consistently applied shall be made of all material
financial transactions and matters involving the assets and business of Holdings, any Intermediate Parent, the Borrower or the Restricted
Subsidiaries, as the case may be. Each of Holdings and the Borrower will, and will cause each Restricted Subsidiary and, in the case
of Holdings, each Intermediate Parent to, permit any representatives designated by the Administrative Agent, upon reasonable prior notice,
to visit and inspect its tangible properties, to examine and make extracts from its books and records, and to discuss its affairs, finances
and condition with its officers and independent accountants, all at such reasonable times and as often as reasonably requested (subject
to the limitations set forth in the penultimate paragraph of Section 5.01); provided that, excluding any such visits and
inspections during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise visitation
and inspection rights of the Administrative Agent and the Lenders under this Section 5.08 and the Administrative Agent shall not
exercise such rights more often than one time during any calendar year absent the existence of an Event of Default and such time

 

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shall
be at the Borrower’s expense; provided, further that (a) when an Event of Default exists, the Administrative Agent
(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 upon reasonable advance notice and (b) the Administrative Agent shall give Holdings and
the Borrower the opportunity to participate in any discussions with Holdings’ or the Borrower’s independent public accountants.

 

SECTION 5.09 Compliance
with Laws.

 

Each of Holdings and the Borrower
will, and will cause each Restricted Subsidiary and, in the case of Holdings, each Intermediate Parent to, comply with all Requirements
of Law (including Environmental Laws, the FCPA, Sanctions and the USA PATRIOT Act) with respect to it, its property and operations, except
where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

 

SECTION 5.10 Use
of Proceeds and Letters of Credit.

 

The Borrower will use the proceeds
of the Term Loans borrowed on the Effective Date and may use up to $15,000,000 of Revolving Loans drawn on the Effective Date (excluding
any Letters of Credit), together with the Equity Contribution, the Additional Equity (if any), cash on hand at Parent, the Company and
its subsidiaries to (a) finance a portion of the Acquisition Consideration (as defined in the Commitment Letter), (b) pay Transaction
Costs, (c) fund the Debt Repayment and (d) fund up to $50,000,000 for cash on hand at the Borrower and for working capital and
general corporate purposes. The proceeds of the Revolving Loans drawn after the Effective Date will be used for working capital and general
corporate purposes, and the Letters of Credit will be used for general corporate purposes, in each case, including capital expenditures,
Permitted Acquisitions, Investments, Restricted Payments, refinancing of Indebtedness and any other transactions not prohibited by
this Agreement. The proceeds of the 2019 Incremental Term Loans made on the Amendment No. 2 Effective Date pursuant to Amendment
No. 2 shall be used to (a) fund the Quest Acquisition, (b) pay the Quest Transaction Costs, (c) fund the Quest
Closing Refinancing and (d) provide funding for working capital, general corporate purposes and other purposes not prohibited by
the Credit Agreement.

 

SECTION 5.11 Additional
Subsidiaries.

 

(a)            If
(i) any additional Restricted Subsidiary or Intermediate Parent in each case, is formed or acquired after the Effective Date, (ii) any
Restricted Subsidiary ceases to be an Excluded Subsidiary or (iii) the Borrower, to the extent reasonably acceptable to the Administrative
Agent, elects to cause a Subsidiary that is not a Wholly Owned Subsidiary (including any consolidated Affiliate in which the Borrower
and their respective Subsidiaries own no Equity Interest) to become a Subsidiary Loan Party, then Holdings or the Borrower will, within
ninety (90) days (or such longer period as may be agreed to by the Administrative Agent in its reasonable discretion) after (x) such
newly formed or acquired Restricted Subsidiary or Intermediate Parent is formed or acquired, (y) such Restricted Subsidiary ceases
to be an Excluded Subsidiary or (z) the Borrower has made such election, cause such Restricted Subsidiary (unless such Restricted
Subsidiary is an Excluded Subsidiary) or Intermediate Parent to satisfy the Collateral and Guarantee Requirement with respect to such
Restricted Subsidiary or Intermediate

 

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Parent and with respect to any Equity Interest in or Indebtedness of such Restricted Subsidiary
or Intermediate Parent owned by or on behalf of any Loan Party.

 

(b)            Notwithstanding
the foregoing, in the event any real property would be required to be mortgaged pursuant to this Section 5.11, Holdings and the Borrower
shall be required to comply with the “Collateral and Guarantee Requirement” as it relates to such real property within ninety
(90) days following the formation or acquisition of such real property or such Restricted Subsidiary or the identification of such new
Material Subsidiary (or, if within such ninety (90) day period the Lenders have not received  the documents described in clause (e)(iii) of
the first paragraph of the definition of “Collateral and Guarantee Requirement” and such other documents as they may reasonably
request to complete their flood insurance due diligence, the later of (x) the end of such ninety (90) day period and (y) the
date that is twenty (20) Business Days after the date on which the Lenders receive such documents), or in each case such longer time period
as agreed by the Administrative Agent in its reasonable discretion.

 

SECTION 5.12 Further
Assurances.

 

(a)            Subject
to the proviso to Section 4.01(f) solely with respect to the Effective Date, each of Holdings and the Borrower will, and will
cause each Loan Party to execute any and all further documents, financing statements, agreements and instruments, and take all such further
actions (including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and other documents),
that may be required under any applicable law and that the Administrative Agent or the Required Lenders may reasonably request, to cause
the Collateral and Guarantee Requirement to be and remain satisfied, all at the expense of the Loan Parties.

 

(b)            Subject,
in each case, to the limitations set forth in the Security Documents, if, after the Effective Date, any material assets (other than Excluded
Assets), including any Material Real Property, are acquired by the Borrower or any other Loan Party or are held by any Subsidiary on or
after the time it becomes a Loan Party pursuant to Section 5.11 (other than assets constituting Collateral under a Security Document
that become subject to the Lien created by such Security Document upon acquisition thereof or constituting Excluded Assets), the Borrower
will notify the Administrative Agent thereof, and, if requested by the Administrative Agent, the Borrower will cause such assets to be
subjected to a Lien securing the Secured Obligations and will take and cause the other Loan Parties to take, such actions as shall be
necessary and reasonably requested by the Administrative Agent to grant and perfect such Liens, including actions described in paragraph (a) of
this Section but only as and to the extent required pursuant to the “Collateral and Guarantee Requirement,” all at the
expense of the Loan Parties and subject to the second to last paragraph of the definition of the term “Collateral and Guarantee
Requirement.” In the event any Material Real Property is mortgaged pursuant to this Section 5.12(b), the Borrower or such other
Loan Party, as applicable, shall be required to comply with the “Collateral and Guarantee Requirement” and paragraph (a) of
this Section 5.12 within ninety (90) days following the acquisition of such Material Real Property (or, if within such ninety (90)
day period the Lenders have not received  the documents described in clause (e)(iii) of the first paragraph of the definition
of “Collateral and Guarantee Requirement” and such other documents as they may reasonably request to complete their flood
insurance due diligence, the later of (x) the end of such ninety (90) day period and (y) the date that is twenty (20) Business
Days after the date on which

 

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the Lenders receive such documents), or in each case such longer time period as agreed by the Administrative
Agent in its reasonable discretion.

 

SECTION 5.13 Designation
of Subsidiaries.

 

(a)            The
Administrative Borrower may at any time after the Effective Date designate any Restricted Subsidiary (other than any Intermediate Parent
or any Borrower) as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that immediately
after such designation on a Pro Forma Basis, no Specified Event of Default shall have occurred and be continuing. The designation of any
Subsidiary as an Unrestricted Subsidiary after the Effective Date shall constitute an Investment by Holdings or its Restricted Subsidiaries
therein at the date of designation in an amount equal to the fair market value (as determined in good faith by the Administrative Borrower)
of Holdings’ or its respective subsidiaries’ (as applicable) investment therein. The designation of any Unrestricted Subsidiary
as a Restricted Subsidiary shall constitute (i) the incurrence at the time of designation of any Investment, Indebtedness or
Liens of such Subsidiary existing at such time and (ii) a return on any Investment by Holdings in such Unrestricted Subsidiary pursuant
to the preceding sentence in an amount equal to the fair market value (as determined in good faith by the Administrative Borrower) at
the date of such designation of Holdings’ or its Subsidiaries’ (as applicable) Investment in such Subsidiary.

 

(b)            The
Borrower may at any time after the Effective Date designate any Restricted Subsidiary organized under the laws of the United States or
any state thereof or a Covered Jurisdiction that is an Excluded Subsidiary as an Electing Guarantor, or Electing Guarantor as an Excluded
Subsidiary. The designation of any Electing Guarantor as an Excluded Subsidiary after the Effective Date shall constitute an Investment
by Holdings or its Restricted Subsidiaries therein at the date of designation in an amount equal to the fair market value (as determined
in good faith by the Administrative Borrower) of Holdings’ or its respective subsidiaries’ (as applicable) investment therein.
The designation of any Excluded Subsidiary as an Electing Guarantor shall constitute (i) the incurrence at the time of designation
of any Investment, Indebtedness or Liens of such Subsidiary existing at such time and (ii) a return on any Investment by Holdings
in such Excluded Subsidiary pursuant to the preceding sentence in an amount equal to the fair market value (as determined in good faith
by the Administrative Borrower) at the date of such designation of Holdings’ or its Subsidiaries’ (as applicable) Investment
in such Subsidiary.

 

SECTION 5.14 Certain
Post-Closing Obligations. As promptly as practicable, and in any event within the time periods after the Effective Date specified
in Schedule 5.14 or such later date as the Administrative Agent agrees to in writing, including to reasonably accommodate circumstances
unforeseen on the Effective Date, Holdings, the Borrower and each other Loan Party shall deliver the documents or take the actions specified
on Schedule 5.14 that would have been required to be delivered or taken on the Effective Date, in each case except to the extent otherwise
agreed by the Administrative Agent pursuant to its authority as set forth in the definition of the term “Collateral and Guarantee
Requirement.”

 

SECTION 5.15 Maintenance
of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit
rating (but not any particular rating) from S&P and a public corporate family rating (but not any particular rating) from Moody’s,
in each case in respect of Holdings and (ii) a public rating (but not any particular

 

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rating) in respect of the Initial Term Loans
from each of S&P and Moody’s; provided, however, that upon request from the Borrower, the Administrative Agent may waive
the requirements set forth in this Section 5.15.

 

SECTION 5.16 Lines
of Business. Holdings and its Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character
of their business, taken as a whole, from the business conducted by them on the Effective Date and other business activities which are
extensions thereof or otherwise incidental, corollary, synergistic, reasonably related or ancillary to any of the foregoing.

 

SECTION 5.17 Fiscal
Periods. Holdings will keep its current fiscal year; provided, however, that Holdings may, upon written notice to the
Administrative Agent, change its fiscal year to (1) a fiscal year end date of December 31 (with corresponding quarter end dates
of March 31, June 30 and September 30) or (2) any other fiscal year reasonably acceptable to the Administrative Agent,
in which case, the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this
Agreement that are necessary to reflect such change in fiscal year.

 

SECTION 5.18 Lender
Calls. Following delivery of the annual or quarterly financial statements pursuant to Section 5.01 (a) or (b), as applicable,
and upon request by the Administrative Agent, Holdings will host a conference call, at a time selected by Holdings and reasonably acceptable
to the Administrative Agent, with the Lenders to review the financial information provided therein; provided, that the requirements
of this Section 5.18 may be satisfied, at the Borrower’s option, by the Borrower’s delivery to the Administrative Agent
for distribution to the Lenders, promptly after the same become publicly available, of invitations and other information necessary for
the Lenders and the Administrative Agent to attend and participate in the Borrower’s regularly-scheduled quarterly investor telephone
conferences.

 

SECTION 5.19 Transactions
with Affiliates.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, sell, lease or otherwise transfer any property or assets to, or purchase, lease
or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Affiliates, in each case,
involving aggregate payment or consideration of greater than $5,000,000, except (i) transactions between or among Holdings, the Borrower
or any Restricted Subsidiary or any entity that becomes a Restricted Subsidiary as a result of such transaction, (ii) on terms, taken
as a whole, substantially as favorable to Holdings, the Borrower or such Restricted Subsidiary as would be obtainable by such Person at
the time in a comparable arm’s-length transaction with a Person other than an Affiliate, (iii) the Transactions and the payment
of fees and expenses as part of or in connection with the Transactions and transactions constituting any Permitted Reorganization, (iv) the
payment of (a) (i) costs, fees and expenses and other payments pursuant to the Tax Receivable Agreement and (ii) management,
consulting, advisory and monitoring, oversight and similar fees to PubCo (or management affiliates of PubCo) and (b) indemnities
to PubCo (or management affiliates of PubCo) to the extent such indemnities relate to the ownership and operation of Holdings and its
Restricted Subsidiaries, (v) issuances of Equity Interests to the extent otherwise permitted by this Agreement, (vi) compensation
(including bonuses and securities issuances or other payments, awards, grants in cash or otherwise) and employee benefit

 

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arrangements
and severance arrangements between Holdings and its Restricted Subsidiaries and their respective officers, directors, managers, consultants
and employees in the ordinary course of business or otherwise in connection with the Transactions (including loans and advances pursuant
to Section 6.04) or any acquisition or other Investment permitted hereunder), (vii) payments by Holdings and its Restricted
Subsidiaries pursuant to tax sharing agreements, other than the Tax Receivable Agreement, among Holdings (and any such parent thereof),
any Intermediate Parent, the Borrower and the Restricted Subsidiaries on customary terms to the extent attributable to the ownership or
operation of Holdings and its Restricted Subsidiaries, (viii) the payment of customary fees and reasonable out-of-pocket costs to,
and indemnities provided on behalf of, members of the board of directors, officers and employees of PubCo, Holdings (or any Holdings Parent),
the Borrower, any Intermediate Parent and the Restricted Subsidiaries in the ordinary course of business to the extent attributable to
the ownership or operation of Holdings and its Restricted Subsidiaries, (ix) transactions pursuant to permitted agreements in existence
or contemplated on the Effective Date and set forth on Schedule 5.19 or any amendment thereto to the extent such an amendment is not adverse
to the Lenders in any material respect, (x) Restricted Payments permitted under Section 6.07 and loans and advances in lieu
thereof pursuant to Section 6.04(l), (xi) payments to or from, and transactions with, any joint venture in the ordinary course
of business (including, without limitation, any cash management activities related thereto), (xii) transactions with customers, clients,
suppliers, contractors, joint venture partners or purchasers or sellers of goods or services that are Affiliates, in each case in the
ordinary course of business and which are fair to Holdings, the Borrower and the Restricted Subsidiaries, in the reasonable determination
of the Administrative Borrower, or are on terms at least as favorable as might reasonably have been obtained at such time from an unaffiliated
party, (xiii) sales of accounts receivable, or participations therein, or Securitization Assets or related assets or other customary
transactions in connection with or any Qualified Securitization Facility, (xiv) customary payments by Holdings and its Restricted
Subsidiaries to PubCo or any affiliate of Parent made for any financial advisory, consulting, financing, underwriting or placement services
or in respect of other investment banking activities (including in connection with acquisitions, divestitures or financings), which payments
are approved by the majority of the members of the Board of Directors or a majority of the disinterested members of the Board of Directors
of Holdings in good faith, (xv) the existence and performance of agreements and transactions with any Unrestricted Subsidiary that
were entered into prior to the designation of a Restricted Subsidiary as such Unrestricted Subsidiary to the extent that the transaction
was permitted at the time that it was entered into with such Restricted Subsidiary, and transactions entered into by an Unrestricted Subsidiary
with an Affiliate prior to the re-designation of any such Unrestricted Subsidiary as a Restricted Subsidiary and not in contemplation
of such Unrestricted Subsidiary becoming re-designated as a Restricted Subsidiary, (xvi) Affiliate repurchases of the Loans or Commitments
to the extent permitted hereunder and the holding of such Loans or Commitments and the payments and other transactions contemplated herein
in respect thereof, and (xvii) any transaction between or among Holdings or any Restricted Subsidiary and any non-wholly owned Affiliate
of Holdings or a joint venture or similar entity that is otherwise permitted hereunder to the extent such Affiliate, joint venture or
similar entity is an Affiliate solely because Holdings or a Restricted Subsidiary owns an equity interest in or otherwise controls such
Affiliate, joint venture or similar entity.

 

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Article VI

 

NEGATIVE COVENANTS

 

From and after the Effective
Date and until the Termination Date, each of Holdings and the Borrower covenants and agrees with the Lenders that:

 

SECTION 6.01 Indebtedness;
Certain Equity Securities.

 

(a)            Holdings
and the Borrower will not, and will not permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Indebtedness,
except:

 

(i)              Indebtedness
of Holdings, the Borrower and any of the Restricted Subsidiaries under the Loan Documents (including any Indebtedness incurred pursuant
to Section 2.20 or 2.21);

 

(ii)             Indebtedness,
including intercompany Indebtedness, outstanding on the Effective Date provided that any Indebtedness in excess of $2,500,000 individually
shall only be permitted if set forth on Schedule 6.01 (unless such Indebtedness is permitted by another clause in this Section 6.01),
and any Permitted Refinancing thereof;

 

(iii)            Guarantees
by Holdings, the Borrower and any of the Restricted Subsidiaries in respect of Indebtedness of Holdings, the Borrower or any Restricted
Subsidiary otherwise permitted hereunder; provided that (A) such Guarantee is permitted under Section 6.04 (other than
Section 6.04(u)), (B) no Guarantee by any Restricted Subsidiary of any Junior Financing or Indebtedness that is unsecured and
incurred under Section 6.01(a)(xv) shall be permitted unless such Restricted Subsidiary shall have also provided a Guarantee
of the Loan Document Obligations pursuant to the Guarantee Agreement and (C) if the Indebtedness being Guaranteed is subordinated
to the Loan Document Obligations, such Guarantee shall be subordinated to the Guarantee of the Loan Document Obligations on terms at least
as favorable to the Lenders as those contained in the subordination of such Indebtedness;

 

(iv)            Indebtedness
of Holdings owing to the Borrower or any other Restricted Subsidiary, of the Borrower owing to Holdings or any Restricted Subsidiary or
of any Restricted Subsidiary owing to any other Restricted Subsidiary, Holdings or the Borrower, to the extent permitted by Section 6.04;
provided that all such Indebtedness of any Loan Party owing to any Restricted Subsidiary that is not a Loan Party shall be subordinated
to the Loan Document Obligations (to the extent any such Indebtedness is outstanding at any time after the date that is thirty (30) days
after the Effective Date or such later date as the Administrative Agent may reasonably agree) (but only to the extent permitted by applicable
law and not giving rise to adverse tax consequences) on terms (i) at least as favorable to the Lenders as those set forth in the
form of intercompany note attached as Exhibit F or (ii) otherwise reasonably satisfactory to the Administrative Agent;

 

(v)             (A) Indebtedness
(including Capital Lease Obligations and purchase money Indebtedness) incurred, issued or assumed by Holdings, the Borrower or

 

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any Restricted
Subsidiary to finance the acquisition, purchase, lease, construction, repair, replacement or improvement of fixed or capital property,
equipment or other assets; provided that such Indebtedness is incurred concurrently with or within 270 days after the applicable
acquisition, purchase, lease, construction, repair, replacement or improvement, and (B) any Permitted Refinancing of any Indebtedness
set forth in the immediately preceding clause (A) (or successive Permitted Refinancings thereof); provided, further that,
at the time of any such incurrence of Indebtedness and after giving Pro Forma Effect thereto and the use of the proceeds thereof, the
aggregate principal amount of Indebtedness that is outstanding in reliance on this clause (v) shall not exceed the greater of (A) $15,000,000
and (B) 25% of Consolidated EBITDA computed on a Pro Forma Basis for the most recently ended Test Period as of such time;

 

(vi)            Indebtedness
in respect of Swap Agreements incurred in the ordinary course of business and not for speculative purposes;

 

(vii)           Indebtedness
(and any Permitted Refinancing thereof) (1) of any Person acquired in connection with a Permitted Acquisition or permitted Investment
or secured by any assets so acquired (and not incurred by the obligor thereon in contemplation of such Permitted Acquisition or permitted
Investment) and (2) of any Unrestricted Subsidiary that is re-designated as a Restricted Subsidiary (it being acknowledged that (x) a
Person that becomes a direct or indirect Restricted Subsidiary of Holdings as a result of a Permitted Acquisition or permitted Investment
may remain liable with respect to Indebtedness existing on the date of such acquisition (and not incurred in contemplation thereof) and
(y) an Unrestricted Subsidiary that is re-designated as a Restricted Subsidiary may remain liable with respect to Indebtedness existing
on the date of such re-designation (and not incurred in contemplation thereof));

 

(viii)          Indebtedness
to the seller of any business or assets acquired by Holdings or any Restricted Subsidiary in a transaction permitted hereunder (including
Indebtedness to finance the payment of earn-out obligations owing to such seller as a result of such transaction), provided that
the aggregate principal amount of Indebtedness permitted under this Section 6.01(a))‎(viii) at
any one time outstanding shall not exceed the greater of (A) $10,000,000 and (B) 15% of Consolidated EBITDA computed on a Pro
Forma Basis for the most recently ended Test Period as of such time;

 

(ix)             [Reserved];

 

(x)              Indebtedness
incurred by a Restricted Subsidiary in connection with bankers’ acceptances, discounted bills of exchange or the discounting or
factoring of receivables for credit management purposes, in each case incurred or undertaken in the ordinary course of business on arm’s
length commercial terms on a non-recourse basis;

 

(xi)             Settlement
Indebtedness;

 

(xii)            Indebtedness
in respect of Cash Management Obligations and other Indebtedness in respect of netting services, automated clearinghouse arrangements,
overdraft protections and similar arrangements, in each case, in connection with securities

 

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or deposit accounts or from the honoring of
a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds in the ordinary course
of business;

 

(xiii)           Indebtedness
consisting of obligations under deferred compensation (including indemnification obligations, obligations in respect of purchase price
adjustments, earn-outs, incentive non-competes and other contingent obligations), or other similar arrangements incurred or assumed in
connection with the Acquisition, any Permitted Acquisition, any other Investment or any Disposition, in each case, permitted under this
Agreement;

 

(xiv)          Indebtedness
of Holdings, the Borrower or any Restricted Subsidiary or any Person that becomes a Restricted Subsidiary after the Effective Date (or
of any Person not previously a Restricted Subsidiary that is merged, amalgamated or consolidated with or into Holdings, the Borrower or
any Restricted Subsidiary including the re-designation of an Unrestricted Subsidiary as a Restricted Subsidiary); provided that,
at the time of the incurrence thereof and after giving Pro Forma Effect thereto, the aggregate principal amount of Indebtedness outstanding
in reliance on this clause (xiv) shall not exceed the greater of (A) $45,000,000 and (B) 65% of Consolidated EBITDA computed
on a Pro Forma Basis for the most recently ended Test Period as of such time;

 

(xv)           (I) Indebtedness
incurred, issued or assumed by Holdings, any Borrower or any Restricted Subsidiary or of any Person that becomes a Restricted Subsidiary
after the Effective Date (or of any Person not previously a Restricted Subsidiary that is merged, amalgamated or consolidated with or
into Holdings, the Borrower or any Restricted Subsidiary, including the re-designation of an Unrestricted Subsidiary as a Restricted Subsidiary);
provided that the aggregate principal amount of such Indebtedness outstanding under this clause (xv) at the time of
incurrence does not exceed at any time the sum of (x) $45,000,000 at any one time outstanding pursuant to this subclause (x), plus
(y) unlimited additional Indebtedness if, for purposes of this clause (y), immediately after giving effect to such incurrence,
issuance or assumption, including the application of proceeds thereof (and any repayment of debt contemplated thereby) and related transactions,
as the case may be, (A) in the case of Indebtedness incurred in reliance on this clause (y) that is secured on a pari
passu basis with the Secured Obligations, the Senior Secured First Lien Net Leverage Ratio, computed on a Pro Forma Basis after giving
effect to the incurrence of such Indebtedness and the application of the proceeds thereof and consummation of the transactions contemplated
thereby and assuming that, in the case of any revolving facility being established under this clause (xv), that all commitments with respect
thereto were fully drawn, is not greater than the greater of (1) 4.25:1.00 for the most recent Test Period then ended and (2) in
the case of incurrence of any such Indebtedness in connection with a Permitted Acquisition or other similar permitted Investment, the
Senior Secured First Lien Net Leverage Ratio for the most recent Test Period then ended, (B) in the case of Indebtedness incurred
in reliance on this clause (y) that is secured on a junior lien basis to the Secured Obligations, the Senior Secured Net Leverage
Ratio, computed on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness and the application of the proceeds thereof
and consummation of the transactions contemplated thereby, assuming that, in the case of any revolving facility being established under
this

 

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clause (xv), that all commitments with respect thereto were fully drawn, is not greater than the greater of (1) 5.25:1.00 for
the most recent Test Period then ended and (2) in the case of incurrence of any such Indebtedness in connection with a Permitted
Acquisition or other similar permitted Investment, the Senior Secured Net Leverage Ratio for the most recent Test Period then ended or
(C) in the case of Indebtedness incurred in reliance on this clause (y) that is unsecured, the Total Net Leverage Ratio, computed
on a Pro Forma Basis after giving effect to the incurrence of such Indebtedness and the application of the proceeds thereof and consummation
of the transactions contemplated thereby and assuming that, in the case of any revolving facility being established under this clause
(xv), that all commitments with respect thereto were fully drawn, is not greater than the greater of (1) 5.50:1.00 for the most recent
Test Period then ended and (2) in the case of incurrence of any such Indebtedness in connection with a Permitted Acquisition or other
similar permitted Investment, the Total Net Leverage Ratio for the most recent Test Period then ended (it being understood and agreed
that unless notified by the Borrower, (I) Indebtedness may be incurred in respect of both this clause (y) and clause (x) above,
and the proceeds from any such incurrence in respect of both clauses may be utilized in a single transaction by first calculating the
incurrence in respect of this clause (y) and then calculating the incurrence in respect of clause (x) above (and, for the avoidance
of doubt, the applicable ratio may be exceeded as a result thereof) and (II) the Borrower may re-designate any such Indebtedness
originally incurred in respect of clause (x) as incurred in respect of clause (y) if, at the time of such re-designation, the
Borrower would be permitted to incur such Indebtedness under clause (y) in the aggregate principal amount of Indebtedness being so
re-designated (for purposes of clarity, with any such re-designation having the effect of increasing the Borrower’s ability to incur
Indebtedness in respect of clause (x) as of the date of such re-designation by the amount of such Indebtedness so re-designated);
provided further that such Indebtedness complies with the Required Additional Debt Terms (other than, solely in the case of such
Indebtedness incurred by non-Loan Parties, clauses (d) and (e) thereof); provided further that (a) the aggregate
principal amount of Indebtedness incurred or assumed by Restricted Subsidiaries that are not Loan Parties that is at any time outstanding
in reliance on this Section 6.01(a)(xv)(I)(y) shall not exceed the greater of (A) $10,000,000 and (B) 15% of
Consolidated EBITDA computed on a Pro Forma Basis for the most recently ended Test Period as of such time and (b) such Indebtedness
complies with the terms and provisions of the definition of “Required Additional Debt Terms” other than clauses (c), (d),
(e) and (f) thereof; and (II) any Permitted Refinancing of any such Indebtedness;

 

(xvi)          [Reserved];

 

(xvii)         Indebtedness
of Holdings, the Borrower or any Restricted Subsidiary in an aggregate principal amount not greater than the Available Equity Amount that
is Not Otherwise Applied at the time of incurrence;

 

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

 

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(xix)           Indebtedness
supported by a Letter of Credit, in a principal amount not to exceed the face amount of such Letter of Credit;

 

(xx)            [Reserved];

 

(xxi)           Permitted
Unsecured Refinancing Debt, and any Permitted Refinancing thereof; provided, that (A) in the case of any Permitted Unsecured
Refinancing Debt that constitutes a Permitted Refinancing of Incremental Equivalent Debt, the obligor thereon shall be the Borrower and
(B) in the case of any Permitted Refinancing of any Permitted Unsecured Refinancing Debt, the obligor thereon shall be the Borrower
or a Subsidiary Loan Party; provided further that in the case of any Permitted Unsecured Refinancing Debt that constitutes a Permitted
Refinancing of Incremental Equivalent Debt (or any Permitted Refinancing thereof), such Indebtedness shall comply with clauses (c) and
(e) of the definition of “Credit Agreement Refinancing Indebtedness”;

 

(xxii)          Permitted
First Priority Refinancing Debt and Permitted Junior Priority Refinancing Debt, and any Permitted Refinancing of any of the foregoing;
provided, that (A) in the case of any Permitted First Priority Refinancing Debt or Permitted Junior Priority Refinancing Debt
that constitutes a Permitted Refinancing of Incremental Equivalent Debt, the obligor thereon shall be the Borrower and (B) in the
case of any Permitted Refinancing of any Permitted First Priority Refinancing Debt or Permitted Junior Priority Refinancing Debt, the
obligor thereon shall be the Borrower or a Subsidiary Loan Party; provided further that in the case of any Permitted First Priority
Refinancing Debt or Permitted Junior Priority Refinancing Debt that constitutes a Permitted Refinancing of Incremental Equivalent Debt
(or any Permitted Refinancing thereof), such Indebtedness shall comply with clauses (c), (d) and (e) of the definition of “Credit
Agreement Refinancing Indebtedness”;

 

(xxiii)         Indebtedness
of the Borrower issued in lieu of Incremental Facilities consisting of one or more series of secured or unsecured loans, bonds, notes
or debentures (which loans, bonds, notes or debentures, if secured, may be secured either by Liens pari passu with the Liens on
the Collateral securing the Secured Obligations (but without regard to control of remedies) or by Liens having a junior priority relative
to the Liens on the Collateral securing the Secured Obligations) (and any Registered Equivalent Notes issued in exchange therefor) (the
 “Incremental Equivalent Debt”); provided that (x) the aggregate principal amount of all such Indebtedness
incurred pursuant to this clause (xxiii) shall not exceed, at the time of incurrence, the Incremental Cap at such time, and (y) such
Indebtedness complies with the provisions of the Required Additional Debt Terms;

 

(xxiv)         Indebtedness
of any Restricted Subsidiary that is not a Loan Party, including Indebtedness incurred for working capital of Foreign Subsidiaries, in
an amount not to exceed, at the time of incurrence thereof and after giving Pro Forma Effect thereto, the greater of (A) $15,000,000
and (B) 25% of Consolidated EBITDA computed on a Pro Forma Basis for the most recently ended Test Period as of such time;

 

(xxv)      Indebtedness
incurred by Holdings, the Borrower or any Restricted Subsidiary in respect of letters of credit, bank guarantees, warehouse receipts,

 

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bankers’ acceptances or similar instruments issued or created in the ordinary course of business or consistent with past practice,
including in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability
insurance or self-insurance or other indemnification or reimbursement-type obligations;

 

(xxvi)     obligations
in respect of self-insurance and obligations in respect of performance, bid, appeal and surety bonds and performance and completion guarantees
and similar obligations provided by Holdings, the Borrower or any Restricted Subsidiary or obligations in respect of letters of credit,
bank guarantees or similar instruments related thereto, in each case, in the ordinary course of business or consistent with past practice;

 

(xxvii)   Indebtedness
representing deferred compensation or stock-based compensation owed to employees of Holdings, any Intermediate Parent, the Borrower or
the Restricted Subsidiaries incurred in the ordinary course of business or consistent with past practice;

 

(xxviii)  Indebtedness
consisting of unsecured promissory notes issued by Holdings, the Borrower or any Restricted Subsidiary to future, current or former officers,
directors, employees, managers and consultants or their respective estates, spouses or former spouses, in each case to finance the purchase
or redemption of Equity Interests of Holdings (or any Holdings Parent) to the extent permitted by Section 6.07(a);

 

(xxix)     Indebtedness
incurred in connection with a Qualified Securitization Facility in an amount not to exceed, at the time of incurrence thereof and after
giving Pro Forma Effect thereto, the greater of (A) $50,000,000 and (B) 70% of Consolidated EBITDA computed on a Pro Forma Basis
for the most recently ended Test Period as of such time;

 

(xxx)      Indebtedness
of any Restricted Subsidiary that is a joint venture in an amount not to exceed, at the time of incurrence thereof and after giving Pro
Forma Effect thereto, the greater of (A) $15,000,000 and (B) 25% of Consolidated EBITDA computed on a Pro Forma Basis for the
most recently ended Test Period as of such time; and

 

(xxxi)     endorsement
of instruments or other payment items for deposit in the ordinary course of business;

 

(xxxii)    to
the extent constituting Indebtedness, Guarantees in the ordinary course of business of the obligations of suppliers, customers, franchisees
and licensees of Holdings and its Restricted Subsidiaries;

 

(xxxiii)   performance
Guarantees of Holdings and the Restricted Subsidiaries primarily guaranteeing performance of contractual obligations of Holdings or Restricted
Subsidiaries to a third party and not primarily for the purpose of guaranteeing payment of Indebtedness;

 

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(xxxiv)            Indebtedness
in respect of trade letters of credit not to exceed $5,000,000 at any time outstanding;

 

(xxxv)            obligations
in respect of letters of support, guarantees or similar obligations issued, made or incurred for the benefit of any Restricted Subsidiary
of Holdings to the extent required by law or in connection with any statutory filing or the delivery of audit opinions performed in jurisdictions
other than within the United States; and

 

(xxxvi)            all
premiums (if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations
described in clauses (i) through (xxxv) above.

 

(b)            Holdings
and the Borrower will not, and will not permit any Restricted Subsidiary to, issue any Disqualified Equity Interests in excess of the
greater of (A) $10,000,000 and (B) 15% of Consolidated EBITDA computed on a Pro Forma Basis for the most recently ended Test
Period as of such time, except (x) to the extent incurred as Indebtedness under Section 6.01(a) and (y) (i) preferred
Equity Interests issued to and held by Holdings, the Borrower or any Restricted Subsidiary, and (ii) preferred Equity Interests issued
to and held by joint venture partners after the Effective Date; provided that in the case of this clause (ii) any such issuance
of preferred Equity Interests shall be deemed to be incurred Indebtedness and subject to the provisions set forth in Section 6.01(a) and
(b).

 

For purposes of determining
compliance with this Section 6.01, (A) in the event that an item of Indebtedness (or any portion thereof) meets the criteria
of more than one of the categories of Indebtedness described in clauses (a)(i) through ‎(a)(xxxvi) above, the Borrower may,
in its sole discretion, at the time of incurrence, divide, classify or reclassify, or at any later time divide, classify or reclassify,
such item of Indebtedness (or any portion thereof) and will only be required to include the amount and type of such Indebtedness in one
or more of the above clauses; provided that all Indebtedness outstanding under the Loan Documents will be deemed to have been incurred
in reliance only on the exception in clause (a)(i) and (B) the Borrower shall be permitted to re-designate any other Indebtedness
originally incurred under any basket or exception as having been incurred under a different basket or exception so long as at the time
of such re-designation the Borrower has capacity under the applicable basket or exception as re-designated at such time.

 

For purposes of determining
compliance with any restriction on the incurrence of Indebtedness, the principal amount of Indebtedness denominated in a foreign currency
shall be calculated based on the relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of
term debt, or first committed, in the case of revolving credit debt; provided that if such Indebtedness is incurred to extend, replace,
refund, refinance, renew or defease other Indebtedness denominated in a foreign currency, and such extension, replacement, refunding,
refinancing, renewal or defeasance would cause the applicable restriction to be exceeded if calculated at the relevant currency exchange
rate in effect on the date of such extension, replacement, refunding, refinancing, renewal or defeasance, such restriction shall be deemed
not to have been exceeded so long as the principal amount of such refinancing Indebtedness does not exceed the principal amount of such
Indebtedness being extended, replaced, refunded, refinanced,

 

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renewed or defeased, plus the amount of any premium paid, and fees and expenses
incurred, in connection with such extension, replacement, refunding refinancing, renewal or defeasance (including any fees and original
issue discount incurred in respect of such resulting Indebtedness).

 

		SECTION
                            6.02	Liens.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Lien on any property or asset now
owned (but not leased) or hereafter acquired (but not leased) by it, except:

 

(i)            Liens
created under the Loan Documents;

 

(ii)            Permitted
Encumbrances;

 

(iii)       Liens
existing on the Effective Date; provided that any Lien securing Indebtedness or other obligations in excess of $2,500,000 individually
shall only be permitted if set forth on Schedule 6.02 (unless such Lien is permitted by another clause in this Section 6.02)
and any modifications, replacements, renewals or extensions thereof; provided further that such modified, replacement, renewal
or extension Lien does not extend to any additional property other than (1) after-acquired property that is affixed or incorporated
into the property covered by such Lien and (2) proceeds and products thereof;

 

(iv)            Liens
securing Indebtedness permitted under Section 6.01(a)(v); provided that (A) such Liens attach concurrently with or within
270 days after the acquisition, repair, replacement, construction or improvement (as applicable) of the property subject to such Liens,
(B) such Liens do not at any time encumber any property other than the property financed by such Indebtedness except for replacements,
additions, accessions and improvements to such property and the proceeds and the products thereof, and any lease of such property (including
accessions thereto) and the proceeds and products thereof and (C) with respect to Capital Lease Obligations, such Liens do not at
any time extend to or cover any assets (except for replacements, additions, accessions and improvements to or proceeds of such assets)
other than the assets subject to such Capital Lease Obligations; provided further that individual financings of equipment provided
by one lender may be cross collateralized to other financings of equipment provided by such lender;

 

(v)            (i) easements,
leases, licenses, subleases or sublicenses granted to others (including licenses and sublicenses of Intellectual Property) in the ordinary
course of business that do not (A) interfere in any material respect with the business of Holdings and its Restricted Subsidiaries,
taken as a whole, or (B) secure any Indebtedness and (ii) any interest or title of a lessor, licensor, sublicensor or sublessor
under any lease or license entered into by Holdings, the Borrower or any Restricted Subsidiary in the ordinary course of its business
or consistent with past practice;

 

(vi)            Liens
in favor of customs and revenue authorities arising as a matter of law to secure payment of customs duties in connection with the importation
of goods;

 

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(vii)            Liens
(A) of a collection bank arising under Section 4-210 of the Uniform Commercial Code, or any comparable or successor provision,
on items in the course of collection; (B) attaching to pooling, commodity trading accounts or other commodity brokerage accounts
incurred in the ordinary course of business; or (C) in favor of a banking or other financial institution or entity, or electronic
payment service provider, arising as a matter of law encumbering deposits (including the right of setoff) and that are within the general
parameters customary in the banking or finance industry;

 

(viii)            Liens
(A) on cash advances or escrow deposits in favor of the seller of any property to be acquired in an Investment permitted pursuant
to Section 6.04 to be applied against the purchase price for such Investment or otherwise in connection with any escrow arrangements
with respect to any such Investment or any Disposition permitted under Section 6.05 (including any letter of intent or purchase agreement
with respect to such Investment or Disposition), or (B) consisting of an agreement to dispose of any property in a Disposition permitted
under Section 6.05, in each case, solely to the extent such Investment or Disposition, as the case may be, would have been permitted
on the date of the creation of such Lien;

 

(ix)            Liens
on property or other assets of any Restricted Subsidiary that is not a Loan Party, which Liens secure Indebtedness of such Restricted
Subsidiary or another Restricted Subsidiary that is not a Loan Party, in each case permitted under Section 6.01(a);

 

(x)            Liens
granted by a Restricted Subsidiary that is not a Loan Party in favor of any Restricted Subsidiary and Liens granted by a Loan Party in
favor of any other Loan Party;

 

(xi)            Liens
existing on property or other assets at the time of its acquisition or existing on the property or other assets of any Person at the time
such Person becomes a Restricted Subsidiary, in each case after the Effective Date and any modifications, replacements, renewals or extensions
thereof; provided that (A) such Lien was not created in contemplation of such acquisition or such Person becoming a Restricted
Subsidiary and (B) such Lien does not extend to or cover any other assets or property (other than any replacements of such property
or assets and additions and accessions thereto, the proceeds or products thereof and other than after-acquired property subject to a Lien
securing Indebtedness and other obligations incurred prior to such time and which Indebtedness and other obligations are permitted hereunder
that require or include, pursuant to their terms at such time, a pledge of after-acquired property, and proceeds or products thereof and,
in the case of multiple equipment financings provided by any lender, other equipment financed by such lender);

 

(xii)            Liens
on cash, Permitted Investments or other marketable securities securing Letters of Credit of any Loan Party that are cash collateralized
on the Effective Date in an amount of cash, Cash Equivalents or other marketable securities with a fair market value of up to 105% of
the face amount of such Letters of Credit being secured;

 

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(xiii)            Liens
arising out of conditional sale, title retention, consignment or similar arrangements for sale or purchase of goods by Holdings, the Borrower
or any Restricted Subsidiary in the ordinary course of business;

 

(xiv)            Liens
deemed to exist in connection with Investments in repurchase agreements under clause (e) of the definition of the term “Permitted
Investments”;

 

(xv)            Liens
encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to commodity trading accounts or other
brokerage accounts incurred in the ordinary course of business and not for speculative purposes;

 

(xvi)            Liens
that are contractual rights of setoff (A) relating to the establishment of depository relations with banks not given in connection
with the incurrence of Indebtedness, (B) relating to pooled deposit or sweep accounts to permit satisfaction of overdraft or similar
obligations incurred in the ordinary course of business of Holdings, the Borrower and the Restricted Subsidiaries or (C) relating
to purchase orders and other agreements entered into with customers of Holdings, the Borrower or any Restricted Subsidiary in the ordinary
course of business;

 

(xvii)            ground
leases in respect of real property on which facilities owned or leased by Holdings, the Borrower or any of the Restricted Subsidiaries
are located;

 

(xviii)            Liens
on insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto;

 

(xix)            Liens
on the Collateral securing Indebtedness permitted under Section 6.01(a)(xxii) or 6.01(a)(xxiii); provided that (A) [reserved]
and (B) in all cases such Liens shall be subject to the applicable Intercreditor Agreement;

 

(xx)            Liens
securing Indebtedness on real property other than the Material Real Properties (except as required by this Agreement);

 

(xxi)            Settlement
Liens;

 

(xxii)            Liens
securing Indebtedness permitted under Section 6.01(a)(viii), (xiv) or (xv);

 

(xxiii)            Liens
on assets of any Restricted Subsidiary that is not a Loan Party securing other obligations or Indebtedness of such Restricted Subsidiary
permitted by Section 6.01;

 

(xxiv)            Liens
on cash and Permitted Investments used to satisfy or discharge Indebtedness; provided such satisfaction or discharge is permitted
hereunder;

 

(xxv)            Receipt
of progress payments and advances from customers in the ordinary course of business to the extent the same creates a Lien on the related
inventory and proceeds thereof;

 

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(xxvi)            Liens
on Equity Interests of any joint venture (a) securing obligations of such joint venture or (b) pursuant to the relevant joint
venture agreement or arrangement;

 

(xxvii)            [reserved];

 

(xxviii)            other
Liens; provided that, at the time of the granting thereof and after giving Pro Forma Effect thereto, the aggregate amount of obligations
secured by all Liens incurred in reliance on this clause (xxviii) shall not exceed the greater of (A) $45,000,000 and (B) 65%
of Consolidated EBITDA for the Test Period then last ended (provided that, with respect to any such obligation, the amount of such obligation
shall be the lesser of (x) the outstanding face amount of such obligation and (y) the fair market value of the assets securing
such obligation);

 

(xxix)            Liens
on accounts receivable, Securitization Assets and related assets incurred in connection with a Qualified Securitization Facility;

 

(xxx)            Liens
on Escrowed Proceeds for the benefit of the related holders of debt securities or other Indebtedness (or the underwriters for arrangers
thereof) or on cash set aside at the time of the incurrence of any Indebtedness or government securities purchased with such cash, in
either case to the extent such cash or government securities prefund the payment of interest on such Indebtedness and are held in an escrow
account or similar arrangement to be applied for such purpose;

 

(xxxi)            Liens
of bailees arising as a matter of law or pursuant to the standard terms of agreement of such bailee in the ordinary course of business;
provided that such Liens shall extend only to the assets subject to such bailment;

 

(xxxii)            Liens
securing obligations (other than obligations representing Indebtedness for borrowed money) under operating, reciprocal easement or similar
agreements entered into in the ordinary course of business of Holdings and its Subsidiaries;

 

(xxxiii)            utility
and similar deposits in the ordinary course of business;

 

(xxxiv)            purchase
options, call and similar rights of, and restrictions for the benefit of, a third party with respect to Equity Interests held by Holdings
or any Restricted Subsidiary in Joint Ventures;

 

(xxxv)            Liens
in favor of Holdings or a Restricted Subsidiary arising in connection with Intercompany License Agreements;

 

(xxxvi)            Liens
on cash or Permitted Investments securing any Swap Agreement (or any obligations in respect of the clearing thereof) so long as the fair
market value of the assets securing such Swap Agreement does not exceed $20,000,000 at any time;

 

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(xxxvii)            Liens
(i) attaching solely to cash advances and cash earnest money deposits in connection with Investments permitted under Section 6.04
or (ii) consisting of an agreement to Dispose of any property in a Disposition permitted hereunder;

 

(xxxviii)            Liens
attaching to assets of a Restricted Subsidiary which assets do not constitute Collateral; provided that either (x) at the
time of the granting thereof and after giving Pro Forma Effect thereto, the aggregate amount of obligations secured by all Liens incurred
in reliance on this clause (xxxviii) shall not exceed the greater of (I) $10,000,000 and (II) 15% of Consolidated EBITDA
for the most recent Test Period then ended or (y) the Loan Document Obligations become secured on a pari passu basis with such Liens
and rank pari passu with the obligations secured by such Liens in right of payment; and

 

(xxxix)            any
Lien resulting from the rules and regulations of any clearing system or stock exchange over shares and/or other securities held in
that clearing system or stock exchange.

 

For purposes of determining compliance with this
Section 6.02, (i) in the event that any Lien (or any portion thereof) meets the criteria of more than one of the categories
of Liens described in clauses (i) through (xxxix) above, the Borrower may, in its sole discretion, at the time of incurrence,
divide, classify or reclassify, or at any later time divide, classify or reclassify, such Lien (or any portion thereof) and will only
be required to include the amount and type of such Lien in one or more of the above clauses; provided that (x) all Liens created
under the Loan Documents will be deemed to have been incurred in reliance only on the exception in clause (i) and (y) the Borrower
shall be permitted to re-designate any other Lien originally incurred under any basket or exception as having been incurred under a different
basket or exception so long as at the time of such re-designation the Borrower has capacity under the applicable basket or exception as
re-designated at such time.

 

		SECTION
                            6.03	Fundamental Changes; Holdings
Covenant.

 

(a)            Holdings
and the Borrower will not, and will not permit any Restricted Subsidiary to, merge into or amalgamate or consolidate with any other Person,
or permit any other Person to merge into or amalgamate or consolidate with it, or liquidate or dissolve (which, for the avoidance of doubt,
shall not restrict Holdings, the Borrower or any Restricted Subsidiary from changing its organizational form), or Dispose of (whether
in one transaction or in a series of related transactions) all or substantially all of its assets (whether now or hereafter acquired),
except that:

 

(i)            any
Restricted Subsidiary (other than the Borrower) may merge, amalgamate or consolidate with (A) the Borrower or Holdings; provided
that the Borrower or Holdings shall be the continuing or surviving Person, or (B) any one or more Restricted Subsidiaries (other
than the Borrower); provided, further, that when any Subsidiary Loan Party is merging, amalgamating or consolidating with
another Restricted Subsidiary (1) the continuing or surviving Person shall be a Subsidiary Loan Party or the Borrower or (2) if
the continuing or surviving Person is not a Subsidiary Loan Party, the acquisition of such Subsidiary Loan Party by such surviving Restricted
Subsidiary is otherwise permitted under Section 6.04;

 

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(ii)            (A) any
Restricted Subsidiary that is not a Loan Party may merge, amalgamate or consolidate with or into any Restricted Subsidiary that is not
a Loan Party and (B) (x) any Restricted Subsidiary (other than the Borrower) may liquidate or dissolve and (y) any Restricted
Subsidiary may change its legal or organizational form if the Administrative Borrower determines in good faith that such action is in
the best interests of Holdings and its Restricted Subsidiaries and is not materially adverse to the Lenders;

 

(iii)            any
Restricted Subsidiary (other than the Borrower) may make a Disposition of all or substantially all of its assets (upon voluntary liquidation
or otherwise) to Holdings, the Borrower or another Restricted Subsidiary; provided that if the transferor in such a transaction
is a Loan Party, then (A) the transferee must be a Loan Party, (B) to the extent constituting an Investment, such Investment
is a permitted Investment in a Restricted Subsidiary that is not a Loan Party in accordance with Section 6.04 or (C) to the
extent constituting a Disposition to a Restricted Subsidiary that is not a Loan Party, such Disposition is for fair market value (as determined
in good faith by the Borrower) and any promissory note or other non-cash consideration received in respect thereof is a permitted Investment
in a Restricted Subsidiary that is not a Loan Party in accordance with Section 6.04;

 

(iv)            the
Borrower may merge, amalgamate or consolidate with (or Dispose of all or substantially all of its assets to) any other Person; provided
that (A) the Borrower shall be the continuing or surviving Person or (B) if the Person formed by or surviving any such merger,
amalgamation or consolidation is not the Borrower or is a Person into which the Borrower has been liquidated (or, in connection with a
Disposition of all or substantially all of the Borrower’s assets, if the transferee of such assets) (any such Person, the “Successor
Borrower”), (1) the Successor Borrower shall be an entity organized or existing under the laws of the United States (or
any state thereof), (2) the Successor Borrower shall expressly assume all of the obligations of the Borrower under this Agreement
and the other Loan Documents to which the Borrower is a party pursuant to a supplement hereto or thereto in form and substance reasonably
satisfactory to the Administrative Agent, (3) each Loan Party other than the Borrower, unless it is the other party to such merger,
amalgamation or consolidation, shall have reaffirmed, pursuant to an agreement in form and substance reasonably satisfactory to the Administrative
Agent, that its Guarantee of and grant of any Liens as security for the Secured Obligations shall apply to the Successor Borrower’s
obligations under this Agreement and (4) the Borrower shall have delivered to the Administrative Agent a certificate of a Responsible
Officer of the Administrative Borrower stating that such merger, amalgamation or consolidation complies with this Agreement; provided further that (y) if such Person is not a Loan Party, no Event of Default (or, to the extent related to a Permitted Acquisition
or any Investment not prohibited by Section 6.04, no Specified Event of Default) shall exist after giving effect to such merger,
amalgamation or consolidation and (z) if the foregoing requirements are satisfied, the Successor Borrower will succeed to, and be
substituted for, the Borrower under this Agreement and the other Loan Documents; provided further that (A) the Borrower shall
have provided any documentation and other information about the Successor Borrower to the extent reasonably requested in writing promptly,
and in any case within one Business Day following the delivery of the certificate in clause (4), by any Lender or Issuing Bank through
the Administrative Agent that such Lender or Issuing

 

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Bank shall have reasonably determined is required by regulatory authorities under
applicable “know your customer” and anti-money laundering rules and regulations, including Title III of the USA PATRIOT
Act and (B) such Lender or Issuing Bank, as applicable, shall be reasonably satisfied that its review of such documentation and information
requested and delivered pursuant to clause (A) complies with such applicable “know your customer” and anti-money laundering
rules and regulations (provided, that for the avoidance of doubt, the Borrower’s failure to deliver information requested
after the first Business Day following delivery of the certificate in clause (4) above shall not constitute a Default or an Event
of Default under this Agreement or the Loan Documents);

 

(v)            any
Restricted Subsidiary (other than the Borrower) may merge, consolidate or amalgamate with any other Person in order to effect an Investment
permitted pursuant to Section 6.04; provided that the continuing or surviving Person shall be the Borrower or a Restricted
Subsidiary, which together with each of the Restricted Subsidiaries, shall have complied with the requirements of Sections 5.11 and 5.12;

 

(vi)            Holdings,
the Borrower and the Restricted Subsidiaries may consummate the Acquisition and related transactions contemplated by the Acquisition Agreement
and the Transactions and any Permitted Reorganization; and

 

(vii)            any
Restricted Subsidiary (other than the Borrower) may effect a merger, amalgamation, dissolution, liquidation consolidation or amalgamation
to effect a Disposition permitted pursuant to Section 6.05.

 

(b)            Holdings
will not, and will not permit any Intermediate Parent to, conduct, transact or otherwise engage in any business or operations other than
(i) the ownership and/or acquisition of the Equity Interests or debt interests of the Borrower, any Intermediate Parent and any other
Subsidiary, (ii) the maintenance of its legal existence, including the ability to incur fees, costs and expenses relating to such
maintenance, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of Holdings
and its Subsidiaries, (iv) the performance of its obligations under and in connection with the Loan Documents and any documentation
governing any Indebtedness or Guarantee, the Acquisition Agreement, the other agreements contemplated by the Acquisition Agreement and
the other agreements contemplated hereby and thereby and any Permitted Reorganization, (v) any public offering of its or any of its
direct or indirect parent’s common stock or any other issuance or registration of its Equity Interests for sale or resale not prohibited
by this Agreement, including the costs, fees and expenses related thereto, (vi) making any dividend or distribution or other transaction
similar to a Restricted Payment and not otherwise prohibited by Section 5.19, or any Investment in the Borrower, any Intermediate
Parent or any other Subsidiary, (vii) the incurrence of any Indebtedness permitted under Section ‎6.01, (viii) incurring
fees, costs and expenses relating to overhead and general operating including professional fees for legal, tax and accounting issues and
paying taxes, (ix) providing indemnification to officers and members of the Board of Directors, (x) activities incidental to
the consummation of the Transactions and (xi) activities incidental to the businesses or activities described in clauses (i) to
(ix) of this paragraph.

 

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		SECTION
                            6.04	Investments, Loans, Advances,
Guarantees and Acquisitions.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, make or hold any Investment, except:

 

(a)            Permitted
Investments at the time such Permitted Investment is made and purchases of assets in the ordinary course of business consistent with past
practice;

 

(b)            loans
or advances to officers, members of the Board of Directors and employees of Holdings, the Borrower and the Restricted Subsidiaries (i) for
reasonable and customary business-related travel, entertainment, relocation and analogous ordinary business purposes, (ii) in connection
with such Person’s purchase of Equity Interests of Holdings (or any direct or indirect parent thereof) (provided that the
amount of such loans and advances made in cash to such Person shall be contributed to Holdings in cash as common equity or Qualified Equity
Interests) and (iii) for purposes not described in the foregoing clauses (i) and (ii), in an aggregate principal amount
outstanding at any time not to exceed $5,000,000;

 

(c)            Investments
by Holdings in the Borrower or any Restricted Subsidiary, Investments by the Borrower in Holdings or any Restricted Subsidiary and
Investments by any Restricted Subsidiary in Holdings, the Borrower or any other Restricted Subsidiary; provided that at the time
any such Investment is made pursuant to this Section 6.04(c) by a Loan Party in a non-Loan Party, the aggregate outstanding
amount of such Investments by Loan Parties in non-Loan Parties made pursuant to this Section 6.04(c), following the Amendment No. 2
Effective Date, shall not exceed the greater of (A) $100,000,000 and (B) 66% of Consolidated EBITDA for the Test Period then
last ended, at the time of making such Investment (it being understood and agreed that to the extent subsequent to any such Investment
a non-Loan Party shall become a Loan Party, then such Investment shall not count as outstanding for purposes of this proviso);

 

(d)            Investments
consisting of extensions of trade credit and accommodation guarantees in the ordinary course of business;

 

(e)            Investments
(i) existing or contemplated on the Effective Date and set forth on Schedule 6.04 and any modification, replacement, renewal,
reinvestment or extension thereof and (ii) existing on the Effective Date by Holdings, the Borrower or any Restricted Subsidiary
in Holdings, the Borrower or any Restricted Subsidiary and any modification, renewal or extension thereof; provided that the amount
of the original Investment is not increased except by the terms of such Investment to the extent as set forth on Schedule 6.04 or as otherwise
permitted by this Section 6.04;

 

(f)            Investments
in Swap Agreements incurred in the ordinary course of business and not for speculative purposes;

 

(g)            promissory
notes and other non-cash consideration received in connection with Dispositions permitted by Section 6.05;

 

(h)            Permitted
Acquisitions, provided that the aggregate principal amount of any financing provided by a Loan Party to a Restricted
Subsidiary that is a non-Loan Party in connection with any Permitted Acquisition shall not exceed the greater of
(A) $15,000,000 and (B)

 

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20% of Consolidated EBITDA for the Test Period then last ended at the time of making such
Investment;

 

(i)            the
Transactions;

 

(j)            Investments
in the ordinary course of business consisting of Uniform Commercial Code Article 3 endorsements for collection or deposit and Uniform
Commercial Code Article 4 customary trade arrangements with customers in the ordinary course of business;

 

(k)            Investments
(including debt obligations and Equity Interests) received in connection with the bankruptcy or reorganization of suppliers and customers
or in settlement of delinquent obligations of, or other disputes with, customers and suppliers or upon the foreclosure with respect to
any secured Investment or other transfer of title with respect to any secured Investment;

 

(l)            loans
and advances to any Holdings Parent (x) in lieu of, and not in excess of the amount of (after giving effect to any other loans, advances
or Restricted Payments in respect thereof), Restricted Payments to the extent permitted to be made to such Holdings Parent in accordance
with Section 6.07(a) (other than Section ‎6.07(a)(xvii)(2)) and (y) to the extent the proceeds thereof
are contributed or loaned or advanced to Holdings or a Restricted Subsidiary;

 

(m)            additional
Investments and other acquisitions; provided that at the time any such Investment or other acquisition is made, the aggregate outstanding
amount of such Investment or acquisition made in reliance on this clause (m), together with the aggregate amount of all consideration
paid in connection with all other Investments and acquisitions made in reliance on this clause (m) (including the aggregate principal
amount of all Indebtedness assumed in connection with any such other Investment or acquisition previously made under this clause (m)),
shall not exceed the sum of the greater of (i)(A) $30,000,000 and (B) 47.5% of Consolidated EBITDA for the most recently ended
Test Period after giving Pro Forma Effect to the making of such Investment or other acquisition, plus (ii) the Available Amount
that is Not Otherwise Applied as in effect immediately prior to the time of making of such Investment, plus (iii) the Available
Equity Amount that is Not Otherwise Applied as in effect immediately prior to the time of making of such Investment, plus (iv) the
unused portion of the basket set forth in Section 6.07(a)(xvi) which would otherwise be available for Restricted Payments (with
any such usage of such basket under this Section 6.04(m)(iv) reducing the amount available under such other basket) plus (v) the
unused portion of the basket set forth in Section 6.07(b)(iv) which would otherwise be available for payments in respect of
Junior Financing (with any such usage of such basket under this Section 6.04(m)(iv) reducing the amount available under such
other basket);

 

(n)            advances
of payroll payments to employees in the ordinary course of business;

 

(o)            Investments
and other acquisitions to the extent that payment for such Investments is made with Qualified Equity Interests (excluding Qualified Equity
Interests the proceeds of which will be applied as Cure Amounts) of Holdings or any Holdings Parent;

 

(p)            Investments
of a Subsidiary acquired after the Effective Date or of a Person merged, amalgamated or consolidated with any Subsidiary in accordance
with this Section 6.04

 

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and Section 6.03 after the Effective Date or that otherwise becomes a Subsidiary (provided that
if such Investment is made under Section 6.04(h), existing Investments in subsidiaries of such Subsidiary or Person shall comply
with the requirements of Section 6.04(h)) to the extent that such Investments were not made in contemplation of or in connection
with such acquisition, merger, amalgamation or consolidation and were in existence on the date of such acquisition, merger, amalgamation
or consolidation;

 

(q)            receivables
owing to Holdings, the Borrower or any Restricted Subsidiary, if created or acquired in the ordinary course of business;

 

(r)            Investments
(A) for utilities, security deposits, leases and similar prepaid expenses incurred in the ordinary course of business and (B) trade
accounts created, or prepaid expenses accrued, in the ordinary course of business;

 

(s)            any
Permitted Reorganization and any Investments in connection therewith;

 

(t)            additional
Investments so long as at the time of any such Investment and after giving effect thereto, on a Pro Forma Basis, the Total Net Leverage
Ratio is no greater than 5.00 to 1.00;

 

(u)            Investments
consisting of Indebtedness, Liens, fundamental changes, Dispositions and Restricted Payments permitted (other than by reference to this
Section 6.04(u)) under Sections 6.01, 6.02, 6.03, 6.05 and 6.07, respectively;

 

(v)            contributions
to a “rabbi” trust for the benefit of employees, directors, consultants, independent contractors or other service providers
or other grantor trust subject to claims of creditors in the case of a bankruptcy of Holdings or the Borrower;

 

(w)            to
the extent that they constitute Investments, purchases and acquisitions of inventory, supplies, materials or equipment or purchases, acquisitions,
licenses or leases of other assets, Intellectual Property, or other rights, in each case in the ordinary course of business;

 

(x)            any
Investment in any Subsidiary or any joint venture in connection with intercompany cash management arrangements or related activities arising
in the ordinary course of business;

 

(y)            Investments
made by an Unrestricted Subsidiary (other than Investments made with the proceeds of Investments made in reliance on Section 6.04(bb))
prior to the day such Unrestricted Subsidiary is re-designated as a Restricted Subsidiary pursuant to the definition of “Unrestricted
Subsidiary”;

 

(z)            Investments
in or relating to a Securitization Subsidiary that, in the good faith determination of the Borrower are necessary or advisable to effect
any Qualified Securitization Facility or any repurchase obligation in connection therewith, including, without limitation, Investments
of funds held in accounts permitted or required by the arrangements governing such Qualified Securitization Facilities or any related
Indebtedness;

 

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(aa)     Investments
in the ordinary course of business in connection with Settlements;

 

(bb)     Investments
in any Unrestricted Subsidiaries, joint ventures and Persons which do not become Loan Parties as a result of such Investment in an amount
not to exceed the greater of (A) $10,000,000 and (B) 15% of Consolidated EBITDA for the Test Period then last ended at the time
of making such Investment; provided that such Investments pursuant to clause (B) of this Section 6.04(bb) shall only
be permitted to the extent that at the time of any such Investment and after giving effect thereto, on a Pro Forma Basis, the Total Net
Leverage Ratio is no greater than 5.00 to 1.00 (it being understood and agreed that to the extent subsequent to any such Investment a
non-Loan Party shall become a Loan Party, then such Investment shall not count as outstanding for purposes of this proviso);

 

(cc)     Investments
in any Person engaged in a business similar to the business activities of Holdings and its Subsidiaries on the Effective Date or business
activities which are extensions thereof or otherwise incidental, corollary, synergistic, reasonably related or ancillary to any of the
foregoing in an amount not to exceed the greater of (A) $10,000,000 and (B) 15% of Consolidated EBITDA for the Test Period then
last ended at the time of making such Investment;

 

(dd)     asset
purchases (including purchases of inventory, supplies and materials) and the granting of non-exclusive licenses or contribution of intellectual
property pursuant to joint marketing arrangements with other Persons, in each case in the ordinary course of business;

 

(ee)     the
investment by any Restricted Subsidiary that is not a Loan Party in a Person that is not a Loan Party, and will not become a Loan Party
upon the making of such Investment, to the extent such Investments is funded with amounts attributable to the cash flow of a Restricted
Subsidiary that is not a Loan Party;

 

(ff)     Investments
in connection with Intercompany License Agreements;

 

(gg)     Investments
consisting of cash earnest money deposits in connection with a Permitted Acquisition or other Investment permitted hereunder;

 

(hh)     Investments
solely to the extent such Investments reflect an increase in the value of Investments otherwise permitted under this Section 6.04;
and

 

(ii)            Term
Loans repurchased by Holdings or a Restricted Subsidiary pursuant to and in accordance with Section 2.11(a)(ii) or Section 9.04,
so long as such loans are immediately cancelled.

 

For the avoidance of doubt, if an Investment would
be permitted under any provision of this Section 6.04 (other than Section 6.04(h)) and as a Permitted Acquisition, such Investment
need not satisfy the requirements otherwise applicable to a Permitted Acquisition unless such Investments are consummated in reliance
on Section 6.04(h). In addition, to the extent an Investment is permitted to be made by Holdings or a Restricted Subsidiary directly
in any Restricted Subsidiary or any other Person who is not a Loan Party (each such person, a “Target Person”) under
any provision of this Section 6.04, such Investment may be made by advance, contribution or distribution directly or indirectly to
a Holdings Parent and further advanced or contributed

 

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substantially simultaneously by such Holdings Parent to a Loan Party or other Restricted
Subsidiary for purposes of ultimately making the relevant Investment in the Target Person without constituting an Investment for purposed
of Section 6.04 (it being understood that such Investment must satisfy the requirements of, and shall count toward any thresholds
or baskets in, the applicable clause under Section 6.04 as if made by the applicable Restricted Subsidiary directly to the Target
Person).

 

		SECTION
                               6.05	Asset Sales.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, (i) sell, transfer, lease or otherwise dispose of any asset, including any
Equity Interest owned by it or (ii) permit any Restricted Subsidiary to issue any additional Equity Interest in such Restricted Subsidiary
(other than issuing directors’ qualifying shares, nominal shares issued to foreign nationals to the extent required by applicable
Requirements of Law and other than issuing Equity Interests to Holdings, the Borrower or any Restricted Subsidiary in compliance with
Section 6.04(c)) (each, a “Disposition” and the term “Dispose” as a verb has the corresponding
meaning), except:

 

(a)            Dispositions
of obsolete, damaged, used, surplus or worn out property, whether now owned or hereafter acquired, in the ordinary course of business
and Dispositions of property no longer used or useful, or economically practicable or commercially desirable to maintain, in the conduct
of the business of Holdings and any Restricted Subsidiary (including by ceasing to enforce, allowing the lapse, abandonment or invalidation
of or discontinuing the use or maintenance of or putting into the public domain any Intellectual Property that is, in the reasonable judgment
of Holdings, the Borrower or the Restricted Subsidiaries, no longer used or useful, or economically practicable or commercially desirable
to maintain, or in respect of which Holdings, the Borrower or any Restricted Subsidiary determines in its reasonable business judgment
that such action or inaction is desirable);

 

(b)            Dispositions
of inventory and other assets (including Settlement Assets) in the ordinary course of business and immaterial assets (considered in the
aggregate) in the ordinary course of business;

 

(c)            Dispositions
of property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property
(or a functional equivalent of such property) or (ii) an amount equal to Net Proceeds of such Disposition are promptly applied to
the purchase price of such replacement property (or a functional equivalent of such property);

 

(d)            Dispositions
of property to Holdings, the Borrower or any Restricted Subsidiary; provided that if the transferor in such a transaction is a
Loan Party, then either (i) the transferee must be a Loan Party, (ii) to the extent constituting an Investment, such Investment
must be a permitted Investment in a Restricted Subsidiary that is not a Loan Party in accordance with Section 6.04 or (iii) to
the extent constituting a Disposition to a Restricted Subsidiary that is not a Loan Party, such Disposition is for fair market value (as
determined in good faith by the Borrower) and any promissory note or other non-cash consideration received in respect thereof is a permitted
investment in a Restricted Subsidiary that is not a Loan Party in accordance with Section 6.04;

 

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(e)            Dispositions
permitted by Section 6.03, Investments permitted by Section 6.04, Restricted Payments permitted by Section 6.07 and
Liens permitted by Section 6.02;

 

 

(f)            Dispositions
of property acquired by Holdings, the Borrower or any of the Restricted Subsidiaries after the Effective Date pursuant to sale-leaseback
transactions;

 

(g)            Dispositions
of Permitted Investments;

 

(h)            Dispositions
or forgiveness of accounts receivable in connection with the collection or compromise thereof (including sales to factors or other third
parties);

 

(i)            leases,
subleases, service agreements, product sales, transfers, licenses or sublicenses (including transfers, licenses and sublicenses of Intellectual
Property), in each case that do not materially interfere with the business of Holdings, the Borrower and the Restricted Subsidiaries,
taken as a whole;

 

(j)            transfers
of property subject to Casualty Events;

 

(k)            Dispositions
of property to Persons other than Restricted Subsidiaries (including the sale or issuance of Equity Interests of a Restricted Subsidiary)
for fair market value (as determined by a Responsible Officer of the Borrower in good faith) not otherwise permitted under this Section 6.05;
provided that with respect to any Disposition pursuant to this clause (k) for a purchase price in excess of $20,000,000, Holdings,
the Borrower or such Restricted Subsidiaries shall receive not less than 75% of such consideration in the form of cash or Permitted Investments;
provided, however, that solely for the purposes of this clause (k), (A) any liabilities (as shown on the most recent
balance sheet of Holdings, the Borrower or such Restricted Subsidiary or in the footnotes thereto) of Holdings, the Borrower or such Restricted
Subsidiary, other than liabilities that are by their terms subordinated in right of payment to the Loan Document Obligations, that are
assumed by the transferee with respect to the applicable Disposition and for which Holdings, the Borrower and all of the Restricted Subsidiaries
shall have been validly released by all applicable creditors in writing, shall be deemed to be cash, (B) any securities, notes or
other obligations or assets received by Holdings, the Borrower or such Restricted Subsidiary from such transferee that are converted by
Holdings, the Borrower or such Restricted Subsidiary into cash or Permitted Investments (to the extent of the cash or Permitted Investments
received) within one hundred and eighty (180) days following the closing of the applicable Disposition, shall be deemed to be cash, (C) Indebtedness
of any Restricted Subsidiary that ceases to be a Restricted Subsidiary as a result of such Disposition (other than intercompany debt owed
to Holdings or its Restricted Subsidiaries), to the extent that Holdings, the Borrower and all of the Restricted Subsidiaries (to the
extent previously liable thereunder) are released from any guarantee of payment of the principal amount of such Indebtedness in connection
with such Disposition, shall be deemed to be cash, (D) any Designated Non-Cash Consideration received by Holdings, the Borrower or
such Restricted Subsidiary in respect of such Disposition having an aggregate fair market value (as determined by a Responsible Officer
of the Borrower in good faith), taken together with all other Designated Non-Cash Consideration received pursuant to this clause (k) that
is at that time outstanding, not in excess of $20,000,000 at the time of the receipt of such Designated Non-Cash Consideration, with the
fair market value (as determined by a Responsible Officer of the Borrower in good faith) of each item of Designated Non-Cash Consideration
being measured at the time received and without

 

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giving effect to subsequent changes in value, shall be deemed to be cash and (E) consideration
received in connection with an asset swap shall be deemed “cash”;

 

(l)            Dispositions
of Investments in joint ventures or non-wholly owned Subsidiaries to the extent required by, or made pursuant to customary buy/sell arrangements
between, the joint venture parties set forth in joint venture arrangements and similar binding arrangements;

 

(m)            Dispositions
of any assets not constituting Collateral hereunder, provided that the aggregate fair market value (as determined in good faith by the
Borrower) of all such Dispositions, in the aggregate, shall not be in excess of the greater of (A) $10,000,000 and (B) 15% of
Consolidated EBITDA at the time of such Disposition;

 

(n)            Dispositions
of any assets (including Equity Interests) (A) acquired in connection with any Permitted Acquisition or other Investment not prohibited
hereunder, which assets are not used or useful to the core or principal business of Holdings, the Borrower and the Restricted Subsidiaries;
provided that the fair market value of such assets shall not exceed 30% of the consideration paid in such Permitted Acquisition
or Investment or (B) made to obtain the approval of any applicable antitrust authority in connection with the Transactions;

 

(o)            (i) any
Disposition of accounts receivable, Securitization Assets, any participations thereof, or related assets in connection with or any Qualified
Securitization Facility or (iii) the sale or discount of inventory, accounts receivable or notes receivable in the ordinary course
of business or the conversion of accounts receivable to notes receivable;

 

(p)            transfers
of condemned real property as a result of the exercise of “eminent domain” or other similar powers to the respective Governmental
Authority or agency that has condemned the same (whether by deed in lieu of condemnation or otherwise), and transfers of real property
arising from foreclosure or similar action or that have been subject to a casualty to the respective insurer of such real property as
part of an insurance settlement;

 

(q)            Dispositions
constituting any part of a Permitted Reorganization;

 

(r)            Dispositions
of Unrestricted Subsidiaries (other than Unrestricted Subsidiaries the primary assets of which are Permitted Investments received from
Holdings or a Restricted Subsidiary) or assets acquired from Unrestricted Subsidiaries;

 

(s)            any
swap of assets in exchange for services or other assets in the ordinary course of business of comparable or greater fair market value
of usefulness to the business of Holdings and its Restricted Subsidiaries, taken as a whole, as determined in good faith by the Borrower;
provided that the aggregate fair market value (as determined in good faith by the Borrower) of all assets constituting Collateral that
are exchanged for other assets not constituting Collateral pursuant to this clause (s) shall not exceed the greater of (x) $10,000,000
and (y) 15% of Consolidated EBITDA at the time of such swap of assets;

 

(t)            other
Dispositions in an aggregate amount not be in excess of the greater of (A) $15,000,000 and (B) 20% of Consolidated EBITDA at
the time of such Disposition;

 

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(u)            samples,
including time-limited evaluation software, provided to customers or prospective customers;

 

(v)            de
minimis amounts of equipment or other assets provided to employees;

 

(w)            the
unwinding of any Cash Management Obligations or Swap Agreement pursuant to its terms;

 

(x)            sales,
transfers, leases or other dispositions to Holdings or a Restricted Subsidiary pursuant to Intercompany License Agreements; and

 

(y)            Holdings
and any Restricted Subsidiary may (i) terminate or otherwise collapse its cost sharing agreements with Holdings or any Restricted
Subsidiary and settle any crossing payments in connection therewith, (ii) convert any intercompany Indebtedness to Equity Interests,
(iii) transfer any intercompany Indebtedness to Holdings or any Restricted Subsidiary, (iv) settle, discount, write off, forgive
or cancel any intercompany Indebtedness or other obligation owing by Holdings or any Restricted Subsidiary, (v) settle, discount,
write off, forgive or cancel any Indebtedness owing by any present or former consultants, directors, officers or employees, Holdings or
any Restricted Subsidiary or any of their successors or assigns or (vi) surrender or waive contractual rights and settle or waive
contractual or litigation claims.

 

		SECTION
                            6.06	[Reserved].

 

		SECTION
                            6.07	Restricted Payments; Certain
Payments of Indebtedness.

 

(a)            Holdings
and the Borrower will not, and will not permit any Restricted Subsidiary to, declare or make any Restricted Payment, except:

 

(i)            the
Borrower and each Restricted Subsidiary may make Restricted Payments to Holdings, the Borrower or any Restricted Subsidiary, provided
that in the case of any such Restricted Payment by a Restricted Subsidiary that is not a Wholly Owned Subsidiary, such Restricted Payment
is made to Holdings, the Borrower, any Restricted Subsidiary and to each other owner of Equity Interests of such Restricted Subsidiary
based on their relative ownership interests of the relevant class of Equity Interests;

 

(ii)            Holdings,
the Borrower and each Restricted Subsidiary may declare and make dividend payments or other distributions payable solely in the Equity
Interests of such Person;

 

(iii)            Restricted
Payments made to consummate the Transactions and Restricted Payments constituting any part of a Permitted Reorganization;

 

(iv)            repurchases
of Equity Interests in any Holdings Parent, Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary deemed to occur
upon exercise of stock options or warrants if such Equity Interests represent a portion of the exercise price or withholding taxes payable
in connection with the exercise of such options or warrants or other incentive interests;

 

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(v)            Restricted
Payments to any Holdings Parent, which such Holdings Parent may use to redeem, acquire, retire, repurchase or settle its Equity Interests
(or any options, warrants, restricted stock or stock appreciation rights or similar securities issued with respect to any such Equity
Interests) or Indebtedness or to service Indebtedness incurred by a Holdings Parent to finance the redemption, acquisition, retirement,
repurchase or settlement of such Equity Interest or Indebtedness, held directly or indirectly by current or former officers, managers,
consultants, members of the Board of Directors, employees or independent contractors (or their respective spouses, former spouses, successors,
executors, administrators, heirs, legatees or distributees) of a Holdings Parent, Holdings, any Intermediate Parent, the Borrower and
the Restricted Subsidiaries, upon the death, disability, retirement or termination of employment of any such Person or otherwise in accordance
with any stock option or stock appreciation rights plan, any management, director and/or employee stock ownership or incentive plan, stock
subscription plan, employment termination agreement or any other employment agreements or equity holders’ agreement in an aggregate
amount after the Effective Date together with the aggregate amount of loans and advances to any Holdings Parent made pursuant to Section 6.04(l) in
lieu of Restricted Payments permitted by this clause (v) not to exceed $10,000,000 in any calendar year with unused amounts in any
calendar year being carried over to succeeding calendar years (subject to a maximum of $20,000,000 in any calendar year) (without giving
effect to the following proviso); provided that such amount in any calendar year may be increased by (1) an amount not to
exceed the cash proceeds of key man life insurance policies received by the Borrower, Holdings (or by any Holdings Parent and contributed
to Holdings) or the Restricted Subsidiaries after the Effective Date, or (2) the amount of any bona fide cash bonuses otherwise payable
to members of the Board of Directors, consultants, officers, employees, managers or independent contractors of any Holdings Parent, Holdings,
an Intermediate Parent, the Borrower or any Restricted Subsidiary that are foregone in return for the receipt of Equity Interests, the
fair market value of which is equal to or less than the amount of such cash bonuses, which, if not used in any year, may be carried forward
to any subsequent fiscal year; provided further that cancellation of Indebtedness owing to Holdings, the Borrower or any Restricted
Subsidiary from members of the Board of Directors, consultants, officers, employees, managers or independent contractors (or their respective
spouses, former spouses, successors, executors, administrators, heirs, legatees or distributees) of a Holdings Parent, Holdings, any Intermediate
Parent, the Borrower or any Restricted Subsidiary in connection with a repurchase of Equity Interests of a Holdings Parent, Holdings,
any Intermediate Parent or the Borrower will not be deemed to constitute a Restricted Payment for purposes of this Section 6.07 or
any other provisions of this Agreement.

 

(vi)            other
Restricted Payments made by Holdings; provided that, on the date of declaration of such Restricted Payments, (x) no Event
of Default shall have occurred and be continuing or would result therefrom and (y) on a Pro Forma Basis, the Total Net Leverage Ratio
is equal to or less than 3.25 to 1.00;

 

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(vii)            Holdings
may make Restricted Payments in cash to any Holdings Parent:

 

(A)            as
distributions by Holdings, the Borrower or any Restricted Subsidiary to any Holdings Parent in amounts required for any Holdings Parent
to pay with respect to any taxable period in which Holdings, the Borrower and/or any of the Subsidiaries is a member of a consolidated,
combined, unitary or similar tax group (a “Tax Group”) of which such Holdings Parent is the common parent, any taxes
that are attributable to the taxable income, revenue, receipts, gross receipts, gross profits, capital or margin of Holdings and/or its
Subsidiaries; provided that, for each taxable period, the amount of such payments made in respect of such taxable period in the
aggregate shall not exceed the amount of such taxes that Holdings and its Subsidiaries would have been required to pay if they were a
stand-alone Tax Group with Holdings as the corporate common parent of such stand-alone Tax Group (collectively, “Tax Distributions”);

 

(B)            the
proceeds of which shall be used by a Holdings Parent to pay (or to make Restricted Payments to allow any direct or indirect parent of
such Holdings Parent to pay) (1) its operating expenses incurred in the ordinary course of business and other corporate overhead
costs and expenses (including administrative, legal, accounting and similar expenses payable to third parties) that are reasonable and
customary and incurred in the ordinary course of business, (2) any reasonable and customary indemnification claims made by members
of the Board of Directors or officers, employees, directors, managers, consultants or independent contractors of any Holdings Parent attributable
to the ownership or operations of Holdings, the Borrower and the Restricted Subsidiaries, (3) fees and expenses (x) due and
payable by Holdings, the Borrower and the Restricted Subsidiaries and (y) otherwise permitted to be paid by Holdings, the Borrower
and any Restricted Subsidiaries under this Agreement, (4) amounts due and payable pursuant to the Tax Receivable Agreement and (5) to
satisfy indemnity and other obligations under acquisition or other agreements and (6) amounts that would otherwise be permitted to
be paid pursuant to Section 5.19(iii), (iv)(a)(ii) and/or (iv)(b), (viii), (xi) or (xiv);

 

(C)            the
proceeds of which shall be used by a Holdings Parent to pay franchise and similar Taxes, and other fees and expenses, required to maintain
its corporate or other legal existence;

 

(D)            to
finance any Investment made by a Holdings Parent that, if made by Holdings or the Borrower, would be permitted to be made pursuant to
Section 6.04; provided that (A) such Restricted Payment shall be made substantially concurrently with the closing of
such Investment and (B) such Holdings Parent shall, immediately following the closing thereof, cause (1) all property acquired
(whether assets or Equity Interests but not including any loans or advances made pursuant to Section 6.04(b)) to be contributed to
Holdings or its Restricted Subsidiaries or (2) the Person formed or acquired to merge into or amalgamate or consolidate with Holdings,
the Borrower or any of the Restricted

 

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Subsidiaries to the extent such merger, amalgamation or consolidation is permitted in Section 6.03)
in order to consummate such Investment, in each case in accordance with the requirements of Sections 5.11 and 5.12;

 

(E)            the
proceeds of which shall be used to pay (or to make Restricted Payments to allow a Holdings Parent to pay) (1) fees and expenses related
to any actual or proposed equity or debt offering not prohibited by this Agreement and (2) advisory, refinancing, transaction and
exit fees and expenses attributable to the business of Holdings and the Restricted Subsidiaries;

 

(F)            the
proceeds of which shall be used to pay customary salary, bonus and other benefits payable to officers and employees of any Holdings Parent
to the extent such salaries, bonuses and other benefits are attributable to the ownership or operation of Holdings, the Borrower and the
Restricted Subsidiaries; and

 

(G)            the
proceeds of which shall be used to make payments permitted by clause (b)(iv) and (b)(v) of Section 6.07;

 

(viii)            in
addition to the foregoing Restricted Payments, Holdings may make additional Restricted Payments, in an aggregate amount not to exceed
the sum of (A) the Available Amount that is Not Otherwise Applied as in effect immediately prior to the time of making of such Restricted
Payment, plus (B) the Available Equity Amount that is Not Otherwise Applied as in effect immediately prior to the time of
making of such Restricted Payment; provided that any amounts included in clause (b) of the definition of “Available
Amount” may only be used for Restricted Payments so long as no Event of Default shall have occurred and be continuing at the time
of declaration of such Restricted Payment, plus (C) the unused portion of the basket set forth in Section 6.04(m) which
would otherwise be available for Investments (with any such usage of such basket under this Section 6.07(a)(viii)(C) reducing
the amount available under such other basket) plus (D) the unused portion of Section 6.07(b)(iv) which would otherwise
be available for payments in respect of Junior Financing (with any such usage of such basket under the basket set forth in Section 6.07(a)(viii)(C) reducing
the amount available under such other basket);

 

(ix)            redemptions
in whole or in part of any of its Equity Interests for another class of its Equity Interests or with proceeds from substantially concurrent
equity contributions or issuances of new Equity Interests; provided, that such new Equity Interests contain terms and provisions
at least as advantageous to the Lenders in all respects material to their interests as those contained in the Equity Interests redeemed
thereby;

 

(x)            payments
made or expected to be made in respect of withholding or similar Taxes payable by any future, present or former employee, director, manager
or consultant and any repurchases of Equity Interests in consideration of such payments including deemed repurchases in connection with
the exercise of stock options and the vesting of restricted stock and restricted stock units;

 

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(xi)            payments
to any Holdings Parent to permit it to (a) pay cash in lieu of fractional Equity Interests in connection with any dividend, split
or combination thereof or any Permitted Acquisition (or other similar Investment) and (b) honor any conversion request by a holder
of convertible Indebtedness and make cash payments in lieu of fractional shares in connection with any such conversion and may make payments
on convertible Indebtedness in accordance with its terms;

 

(xii)           payments
made or expected to be made by any Holdings Parent, Holdings, any Intermediate Parent, the Borrower or any Restricted Subsidiary in respect
of withholding or similar taxes payable upon exercise of Equity Interests by any future, present or former employee, director, officer,
manager or consultant (or their respective controlled Affiliates or permitted transferees) and any repurchases of Equity Interests deemed
to occur upon exercise of stock options or warrants if such Equity Interests represent a portion of the exercise price of such options
or warrants or required withholding or similar taxes;

 

(xiii)          the
distribution, by dividend or otherwise, of shares of Equity Interests of, or Indebtedness owed to any Holdings Parent, Holdings, any Intermediate
Parent, the Borrower or any Restricted Subsidiary by, Unrestricted Subsidiaries (other than Unrestricted Subsidiaries, the primary assets
of which are Permitted Investments) received as Permitted Investments from Holdings or a Restricted Subsidiary;

 

(xiv)          the
declaration and payment of a Restricted Payment on Holdings’ common stock (or the payment to any Holdings Parent to fund a payment
of dividends on such company’s common stock), of up to an aggregate amount per annum not to exceed 3.5% of PubCo’s market
capitalization;

 

(xv)           any
distributions or payments of Securitization Fees, sales or contributions and other transfers of Securitization Assets and purchases of
Securitization Assets, in each case in connection with a Qualified Securitization Facility;

 

(xvi)          Restricted
Payments in an amount not to exceed the greater of (A) $10,000,000 and (B) 15% of Consolidated EBITDA for the Test Period then
last ended at the time of making such Restricted Payment;

 

(xvii)         to
the extent constituting Restricted Payments, Holdings, the Borrower and the Restricted Subsidiaries may consummate (1) transactions
permitted pursuant to Section 6.03 and (2) make Investments permitted under Section 6.04; and

 

(xviii)       any
Restricted Subsidiary may make a Restricted Payment in connection with the acquisition of additional Equity Interests in such Restricted
Subsidiary from minority shareholders to the extent such acquisition would have been permitted (and to the extent so permitted shall constitute
such Investment) by the parent company of such Restricted Subsidiary pursuant to Section 6.04.

 

(b)          Holdings
and the Borrower will not, and will not permit any Restricted Subsidiary to, make any voluntary prepayment or other distribution (whether
in cash, securities or other property) of or in respect of principal of or interest on any Junior Financing constituting

 

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Material Indebtedness
(other than to the extent of any Retained Declined Proceeds applied in compliance with Section 2.11(e)), including any sinking fund
or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Junior Financing,
except:

 

(i)              payment
of regularly scheduled interest and principal payments, mandatory offers to repay, repurchase or redeem, mandatory prepayments of principal
premium and interest, and payment of fees, expenses and indemnification obligations, with respect to such Junior Financing, other than
payments in respect of any Junior Financing prohibited by the subordination provisions thereof;

 

(ii)             refinancings,
supplements, substitutions, extensions, restructurings, exchanges or renewals of Indebtedness to the extent permitted by Section 6.01
and fees and expenses in connection therewith;

 

(iii)           the
conversion of any Junior Financing to Equity Interests (other than Disqualified Equity Interests) of Holdings or any Holdings Parent,
and any payment that is intended to prevent any Junior Financing from being treated as an “applicable high yield discount obligation”
within the meaning of Section 163(i)(1) of the Code;

 

(iv)           prepayments,
redemptions, repurchases, defeasances and other payments in respect of Junior Financing prior to their scheduled maturity in an aggregate
amount, not to exceed the sum of (A) an amount, at the time of making any such prepayment, redemption, repurchase, defeasance or
other payment and together with any other prepayments, redemptions, repurchases, defeasances and other payments made utilizing this subclause
(A) not to exceed the greater of (1) $10,000,000 and (2) 15% of Consolidated EBITDA on a Pro Forma Basis for the most recently
ended Test Period after giving Pro Forma Effect to the making of such prepayment, redemption, purchase, defeasance or other payment, plus
(B) (i) the Available Amount that is Not Otherwise Applied plus (ii) the Available Equity Amount that is Not Otherwise
Applied, in each case, as in effect immediately prior to the time of making of such Investment; provided that any amounts included
in clause (b) of the definition of “Available Amount” may only be used for payments in respect of Junior Financing so
long as no Event of Default shall have occurred and be continuing at the time of declaration of such payment plus (C) the
unused portion of the basket set forth in Section 6.07(a)(xvi) which would otherwise be available for Restricted Payments (with
any such usage of such basket under this Section 6.07(b)(iv) reducing the amount available under such other basket) plus
(D) the unused portion of the basket set forth in Section 6.04(m) which would otherwise be available for Investments (with
any such usage of such basket under this Section 6.07(b)(iv) reducing the amount available under such other basket);

 

(v)             payments
made in connection with the Transactions;

 

(vi)           prepayments,
redemptions, purchases, defeasances and other payments in respect of Junior Financing prior to their scheduled maturity; provided
that after giving effect to such prepayment, redemption, repurchase, defeasance or other payment, (i) no Event of Default shall have
occurred and be continuing at the time of

 

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declaration of such payment and (ii) on a Pro Forma Basis, the Total Net Leverage Ratio
is less than or equal to 4.00 to 1.00 for the most recent Test Period then ended; and

 

(vii)          prepayments
of Junior Financings owed by Holdings, the Borrower or any Restricted Subsidiary or prepayments of Permitted Refinancings of such Indebtedness,
in each case with the proceeds of any other Junior Financing; and

 

(viii)         payments,
redemptions, purchases and defeasances in respect of intercompany indebtedness.

 

(c)          Any
basket available for Restricted Payments pursuant to Section 6.07(a) may instead be used to make a payment or other distribution
of or in respect of principal of or interest on any Junior Financing, or any payment or other distribution on account of the purchase,
redemption, retirement, acquisition, cancellation or termination of any Junior Financing, pursuant to Section 6.07(b), and such payment
or other distribution shall not be prohibited by Section 6.07(b). For the avoidance of doubt, any such payment or other distribution
shall reduce the amount available under such basket set forth in Section 6.07(a).

 

SECTION 6.08 [Reserved].

 

SECTION 6.09 Restrictive
Agreements.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, enter into any agreement, instrument, deed or lease that prohibits or limits (i) the
ability of any Loan Party to create, incur, assume or suffer to exist any Lien upon any of their respective properties or revenues, whether
now owned or hereafter acquired, for the benefit of the Secured Parties with respect to the Secured Obligations or under the Loan Documents
or (ii) the ability of any Restricted Subsidiary to pay dividends or other distributions with respect to any of its Equity Interests;
provided that the foregoing shall not apply to:

 

(a)           restrictions
and conditions imposed by (1) Requirements of Law, (2) any Loan Document, (3) any documentation governing Incremental Equivalent
Debt, (4) any documentation governing Permitted Unsecured Refinancing Debt, Permitted First Priority Refinancing Debt or Permitted
Junior Priority Refinancing Debt, (5) any documentation governing Indebtedness of a Restricted Subsidiary that is not a Loan Party
incurred pursuant to Section 6.01 and that do not apply to any Loan Party, (6) any documentation governing Indebtedness incurred
pursuant to Section 6.01(a) (v) (but only to the extent applicable to the assets financed by such Indebtedness (and replacements,
additions, accessions and improvements to or proceeds of such assets and other assets financed by the same lender)), (vi), (viii), (x),
(xi), (xii), (xiii), (xiv), (xv), (xvii), (xviii), (xxv), (xxvi), (xxix), (xxx), or (xxxiv), and (7) any documentation governing
any Permitted Refinancing incurred to refinance any such Indebtedness referenced in clauses (1) through (6) above;

 

(b)          customary
restrictions and conditions existing on the Effective Date and any extension, renewal, amendment, modification or replacement thereof,
except to the extent any such amendment, modification or replacement expands the scope of any such restriction or condition;

 

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(c)           restrictions
and conditions contained in agreements relating to the sale of a Subsidiary or any assets pending such sale; provided that such
restrictions and conditions apply only to the Subsidiary or assets that is or are to be sold and such sale is permitted hereunder;

 

(d)          customary
provisions in leases, licenses, sublicenses and other contracts (including licenses and sublicenses of Intellectual Property) restricting
the assignment, license, sublicense, transfer or security interest thereof or assets subject thereto;

 

(e)           restrictions
imposed by any agreement relating to secured Indebtedness permitted by this Agreement to the extent such restriction applies only to the
property securing such Indebtedness;

 

(f)           any
restrictions or conditions set forth in any agreement in effect at any time any Person becomes a Restricted Subsidiary (but not any modification
or amendment expanding the scope of any such restriction or condition); provided that such agreement was not entered into in contemplation
of such Person becoming a Restricted Subsidiary and the restriction or condition set forth in such agreement does not apply to Holdings,
the Borrower or any Restricted Subsidiary (other than such Person that has become a Restricted Subsidiary);

 

(g)           restrictions
or conditions in any Indebtedness permitted pursuant to Section 6.01 that is incurred or assumed by Restricted Subsidiaries that
are not Loan Parties to the extent such restrictions or conditions are no more restrictive in any material respect than the restrictions
and conditions in the Loan Documents or are market terms at the time of issuance and are imposed solely on such Restricted Subsidiary
and its Subsidiaries;

 

(h)           restrictions
on cash (or Permitted Investments) or other deposits imposed by agreements entered into in the ordinary course of business (or other restrictions
on cash or deposits constituting Permitted Encumbrances);

 

(i)            restrictions
set forth on Schedule 6.09 and any extension, renewal, amendment, modification or replacement thereof, except to the extent any such amendment,
modification or replacement expands the scope of any such restriction or condition;

 

(j)            customary
provisions in shareholders agreements, joint venture agreements, organization constitutive documents or similar binding agreements relating
to any joint venture or non-wholly-owned Restricted Subsidiary and other similar agreements applicable to joint ventures and non-wholly-owned
Restricted Subsidiaries and applicable solely to such joint venture or non-wholly-owned Restricted Subsidiary and the Equity Interests
issued thereby, in each case, permitted by Section 6.04;

 

(k)           customary
restrictions contained in leases, subleases, licenses, sublicenses or asset sale agreements otherwise permitted hereby so long as such
restrictions relate only to the assets subject thereto;

 

(l)            customary
provisions restricting subletting or assignment of any lease governing a leasehold interest of Holdings, any Intermediate Parent, the
Borrower or any Restricted Subsidiary; and

 

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(m)          customary
net worth provisions contained in real property leases or other contracts entered into by Subsidiaries, so long as the Borrower has determined
in good faith that such net worth provisions could not reasonably be expected to impair the ability of Holdings, the Borrower and its
Subsidiaries to meet their ongoing obligations;

 

(n)           restrictions
on transfers of assets subject to Liens permitted by Section 6.02 (but, with respect to any such Lien, only to the extent that such
transfer restrictions apply solely to the assets that are the subject of such Lien);

 

(o)           restrictions
created in connection with any Qualified Securitization Facility;

 

(p)           any
restrictions regarding licensing or sublicensing by Holdings and its Restricted Subsidiaries of Intellectual Property in the ordinary
course of business;

 

(q)           any
restrictions that arise in connection with cash or other deposits permitted under Section 6.02 and Section 6.04; and

 

(r)           comprise
restrictions imposed by any agreement governing Indebtedness entered into on or after the Effective Date and permitted under Section 6.01
if the restrictions contained in any such agreement taken as a whole (a) are not materially less favorable to the Secured Parties
than the encumbrances and restrictions contained in the Loan Documents (as determined by the Borrower) or (b) either (I) the
Borrower determines at the time of entry into such agreement or instrument that such encumbrances or restrictions will not adversely affect,
in any material respect, the Borrower’s ability to make principal or interest payments required hereunder or (II) such encumbrances
or restriction applies only during the continuance of a default relating to such agreement or instrument.

 

SECTION 6.10 Amendment
of Junior Financing.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, amend or modify the documentation governing any Junior Financing if such amendment
is not expressly permitted by any applicable Intercreditor Agreement or subordination agreement if the effect of such amendment or modification
is materially adverse to the Lenders or the Issuing Banks; provided that such modification will not be deemed to be materially
adverse if such Junior Financing could be otherwise incurred or refinanced under this Agreement (including as Indebtedness that does
not constitute a Junior Financing) with such terms as so modified at the time of such modification.

 

SECTION 6.11 Financial
Performance Covenant.

 

Solely with respect to the
Revolving Facility, if, on the last day of any fiscal quarter of the Borrower a Compliance Requirement then exists, the Borrower will
not permit the Total Net Leverage Ratio as of the last day of any Test Period ending on any date set forth in the table below, to exceed
the applicable ratio set forth in the table below opposite the last day of such Test Period:

 

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	Test Period	Ratio
	 	 
	November 25, 2017 – May 25, 2020	6.25 to 1.00
	 	 
	August 29, 2020 and each Test Period ending thereafter	6.00 to 1.00

 

SECTION 6.12 Amendments
of Organizational Documents.

 

Holdings and the Borrower will
not, and will not permit any Restricted Subsidiary to, amend, restate, supplement or otherwise modify to, or waiver of, any of its Organization
Documents after the Effective Date in a manner that is materially adverse to the Lenders.

 

Article VII

 

EVENTS OF DEFAULT

 

SECTION 7.01 Events
of Default.

 

If any of the following events
(any such event, an “Event of Default”) shall occur:

 

(a)           any
Loan Party shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the
same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;

 

(b)           any
Loan Party shall fail to pay (i) any interest on any Loan when and as the same shall become due and payable, and such failure shall
continue unremedied for a period of five (5) Business Days, or (ii) any fee or any other amount (other than an amount referred
to in paragraph (a) or (b)(i) of this Section 7.01) payable under any Loan Document, when and as the same shall become
due and payable, and such failure shall continue unremedied for a period of ten (10) Business Days;

 

(c)          (x) as
of the Effective Date, any Specified Representation and (y) after the Effective Date, any representation or warranty made or deemed
made by or on behalf of Holdings, any Intermediate Parent, the Borrower or any of its Restricted Subsidiaries in connection with any Loan
Document or any amendment or modification thereof or waiver thereunder, or in any report, certificate, financial statement or other document
furnished pursuant to or in connection with any Loan Document or any amendment or modification thereof or waiver thereunder, shall prove
to have been incorrect in any material respect when made or deemed made, and such incorrect representation or warranty (if curable) shall
remain incorrect for a period of 30 days after notice thereof from the Administrative Agent to the Borrower;

 

(d)          (i)   Holdings, any Intermediate Parent, the Borrower or any of the Restricted Subsidiaries shall fail to observe or perform any covenant, condition
or agreement contained in Sections 5.02(a), 5.04 (with respect to the existence of Holdings, any Intermediate Parent or the Borrower)
or in Article VI (other than the Financial Performance Covenant);

 

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provided that any Event of Default under Section 5.02(a) shall
be deemed cured upon Borrower providing the applicable written notice; or

 

(ii)             Holdings
or any of the Restricted Subsidiaries shall fail to observe or perform the Financial Performance Covenant; provided, that any default
in respect of Section 6.11 shall not constitute an Event of Default with respect to the Term Loans and (1) the Term Loans
may not be accelerated as a result thereof and (2) with respect to the Term Loans, the Administrative Agent and the Collateral Agent
may not exercise rights and remedies with regard to the Collateral, in each case, until the date on which the Revolving Credit
Loans (if any) have been accelerated and the Revolving Credit Commitments have been terminated by the Required Revolving
Credit Lenders (and such declaration has not been rescinded); provided, further, that any Event of Default in respect of
Section 6.11 is subject to cure as provided in Section 7.02 and an Event of Default with respect to such Section shall
not occur until the expiration of the fifteenth (15th) Business Day subsequent to the date on which the financial statements with respect
to the applicable fiscal quarter (or the fiscal year ended on the last day of such fiscal quarter) are required to be delivered pursuant
to Section 5.01(a) or Section 5.01(b), as applicable;

 

(e)           Holdings,
any Intermediate Parent, the Borrower or any of the Restricted Subsidiaries shall fail to observe or perform any covenant, condition or
agreement contained in any Loan Document (other than those specified in paragraph (a), (b) or (d) of this Section 7.01),
and such failure shall continue unremedied for a period of thirty (30) days after written notice thereof from the Administrative
Agent to the Borrower;

 

(f)           Holdings,
any Intermediate Parent, the Borrower or any of the Restricted Subsidiaries shall fail to make any payment (whether of principal
or interest and regardless of amount) in respect of any Material Indebtedness, when and as the same shall become due and payable (after
giving effect to any applicable grace period and all required notices have been given); provided that this paragraph (f) shall
not apply to any Indebtedness if the sole remedy of the holder thereof in the event of such non-payment is to elect to convert such Indebtedness
into Qualified Equity Interests and cash in lieu of fractional shares; provided that this paragraph (f) shall not apply to
any such failure that (x) is remedied by Holdings, any Intermediate Parent, the Borrower or any applicable Restricted Subsidiary
or (y) waived (including in the form of amendment) by the requisite holders of the applicable item of Material Indebtedness in either
case, prior to acceleration of all the Loans pursuant to this Section 7.01;

 

(g)          any
event or condition occurs that results in any Material Indebtedness becoming due prior to its scheduled maturity or that enables or permits
(with all applicable grace periods having expired and all required notices have been given) the holder or holders of any Material Indebtedness
or any trustee or agent on its or their behalf to cause any Material Indebtedness to become due, or to require the prepayment, repurchase,
redemption or defeasance thereof, prior to its scheduled maturity, provided that this paragraph (g) shall not apply to
(i) secured Indebtedness that becomes due as a result of the sale, transfer or other disposition (including as a result of a casualty
or condemnation event) of the property or assets securing such Indebtedness (to the extent such sale, transfer or other disposition is
not prohibited under this Agreement), (ii) termination events or similar events occurring under any Swap Agreement that constitutes
Material Indebtedness (it being understood that paragraph (f) of this Section 7.01 will

 

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apply to any failure to make any payment
required as a result of any such termination or similar event) or (iii) any Indebtedness if the sole remedy of the holder thereof
following such event or condition is to elect to convert such Indebtedness into Qualified Equity Interests and cash in lieu of fractional
shares, provided that this paragraph (g) shall not apply to any such failure that (x) is remedied by Holdings, any Intermediate
Parent, the Borrower or any applicable Restricted Subsidiary or (y) waived (including in the form of amendment) by the requisite
holders of the applicable item of Material Indebtedness in either case, prior to acceleration of all the Loans pursuant to this Section 7.01;
provided further that a default under any financial covenant in such Material Indebtedness shall not constitute an Event of Default
unless and until the lenders or holders with respect to such Material Indebtedness have actually declared all such obligations to be immediately
due and payable and terminate the commitments in accordance with the agreement governing such Material Indebtedness and such declaration
has not been rescinded by the required lenders with respect to such Material Indebtedness on or before such date;

 

(h)           an
involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation, court protection, examination,
reorganization or other relief in respect of Holdings, the Borrower or any Material Subsidiary or its debts, or of a material part of
its assets, under any Federal, state or foreign bankruptcy, insolvency, examinership, receivership or similar law, now or hereafter in
effect or (ii) the appointment of a receiver, trustee, custodian, examiner, sequestrator, conservator, interim receiver, liquidator,
receiver and manager, administrative receiver, administrator, insolvency practitioner or similar official for Holdings, the Borrower or
any Material Subsidiary or for a material part of its assets, and, in any such case, such proceeding or petition shall continue undismissed
or unstayed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered;

 

(i)            Holdings,
the Borrower or any Material Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking liquidation, court
protection, examinership, reorganization or other relief under any Federal, state or foreign bankruptcy, insolvency, examinership, receivership
or similar law, now or hereafter in effect (but excluding any such proceeding or petition (other than under the Bankruptcy Code) the sole
purpose of which is to effect a transaction permitted under Section 6.03(a) that is not otherwise prohibited by the Loan Documents),
(ii) consent to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in
paragraph (h) of this Section 7.01, (iii) apply for or consent to the appointment of a receiver, trustee, examiner,
custodian, sequestrator, conservator, interim receiver, interim examiner, liquidator, receiver and manager, administrative receiver, administrator,
insolvency practitioner or similar official for Holdings, the Borrower or any Material Subsidiary or for a material part of its assets
(but excluding any such application or consent (other than under the Bankruptcy Code) the sole purpose of which is to effect a transaction
permitted under Section 6.03(a) that is not otherwise prohibited by the Loan Documents), (iv) file an answer admitting
the material allegations of a petition filed against it in any such proceeding or (v) make a general assignment for the benefit of
creditors;

 

(j)            one
or more enforceable judgments for the payment of money in an aggregate amount in excess of $20,000,000 (to the extent not covered by insurance
or another creditworthy (as reasonably determined by the Administrative Agent) indemnitor, and as to which such insurer or indemnitor
has not denied coverage) shall be rendered against Holdings, any Intermediate Parent, the Borrower, any Material Subsidiary or any combination
thereof and the

 

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same shall remain undischarged, unvacated, unbonded or unstayed for a period of 60 consecutive days;

 

(k)           an
ERISA Event occurs that has resulted or would reasonably be expected, individually or together with any other ERISA Event(s) in the
aggregate to result in a Material Adverse Effect;

 

(l)            any
Lien purported to be created under any Security Document shall cease to be, or shall be asserted by any Loan Party not to be (other than
in an informational notice), a valid and perfected (if and to the extent required to be perfected under the Loan Documents) Lien on any
material portion of the Collateral, with the priority required by the applicable Security Documents, except (i) as a result of the
release of a Loan Party (including as a result of the designation of a Restricted Subsidiary as an Unrestricted Subsidiary) or the sale
or other disposition of the applicable Collateral to a Person that is not a Loan Party in a transaction permitted under the Loan Documents,
(ii) as a result of the Collateral Agent’s failure to (A) maintain possession of any stock certificates, promissory notes
or other instruments delivered to it under the Security Documents or (B) file Uniform Commercial Code amendment or continuation financing
statements or (iii) as to Collateral consisting of real property to the extent that such losses are covered by a lender’s title
insurance policy and such insurer has not denied coverage or (iv) as a result of acts or omissions of the Collateral Agent, the Administrative
Agent or any Lender;

 

(m)          any
material provision of any Loan Document or any Guarantee of the Loan Document Obligations shall for any reason be asserted by any Loan
Party not to be a legal, valid and binding obligation of any Loan Party thereto other than as expressly permitted hereunder or thereunder;

 

(n)          any
material portion of the Guarantees of the Loan Document Obligations pursuant to the Guarantee Agreement, taken as a whole, shall cease
to be in full force and effect (in each case, other than the occurrence of the Termination Date or otherwise in accordance with the terms
of the Loan Documents including as a result of transactions permitted hereunder); or

 

(o)           a
Change in Control shall occur;

 

then, and in every such event (other than an event
with respect to Holdings or the Borrower described in paragraph (h) or (i) of this Section 7.01), and at any time
thereafter during the continuance of such event, the Administrative Agent at the request of the Required Lenders (or, if applicable, in
accordance with the first proviso to Section 7.01(d)(ii), the Required Revolving Lenders) (provided that the following actions
may not be taken (A) in the case of an Event of Default under Section 7.01(d)(ii), until the ability to exercise the Cure Right
under Section 7.02 has expired (but may be taken as soon as the ability to exercise the Cure Right has expired and it has not been
so exercised) and (B) in the case of an Event of Default under Section 7.01(d)(i), if the express conditions in the last proviso
contained in Section 7.01(d)(i) have been satisfied)) shall, by notice to the Borrower, take any or all of the following actions,
at the same or different times: (i) terminate the Commitments, and thereupon the Commitments shall terminate immediately, and (ii) declare
the Loans then outstanding to be due and payable in whole (or in part, in which case any principal not so declared to be due and payable
may thereafter be declared to be due and

 

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payable), and (iii) demand the Borrower deposit cash collateral with the Administrative
Agent as contemplated by Section 2.05(j) in the aggregate LC Exposure Amount of all outstanding Letters of Credit and thereupon
the principal of the Loans and the LC Exposure of all Letters of Credit so declared to be due and payable, together with accrued interest
thereon and all fees and other obligations of the Borrower accrued hereunder, shall become due and payable immediately, without presentment,
demand, protest or other notice of any kind, all of which are hereby waived by the Borrower; and in case of any event with respect to
Holdings or the Borrower described in paragraph (h) or (i) of this Section 7.01, the Commitments shall automatically
terminate and the principal of the Loans then outstanding, together with accrued interest thereon and all fees and other obligations of
the Borrower accrued hereunder, shall automatically become due and payable, without presentment, demand, protest or other notice of any
kind, all of which are hereby waived by the Borrower.

 

SECTION 7.02 Right
to Cure.

 

(a)          Notwithstanding
anything to the contrary contained in Section 7.01, in the event that Holdings and its Restricted Subsidiaries fail to comply with
the requirements of the Financial Performance Covenant as of the last day of any applicable fiscal quarter of Holdings, at any time after
the beginning of such fiscal quarter until the expiration of the fifteenth (15th) Business Day subsequent to the date on which the financial
statements with respect to such fiscal quarter (or the fiscal year ended on the last day of such fiscal quarter) are required to be delivered
pursuant to Section 5.01(a) or (b), as applicable (the “Cure Termination Date”), Holdings shall have the
right to issue Qualified Equity Interests for cash or otherwise receive cash contributions to the capital of Holdings as cash common equity
or other Qualified Equity Interests (collectively, the “Cure Right”), and upon the receipt by Holdings of the Net Proceeds
of such issuance (the “Cure Amount”) pursuant to the exercise by Holdings of such Cure Right the Financial Performance
Covenant shall be recalculated giving effect to the following pro forma adjustment:

 

(i)              Consolidated
EBITDA shall be increased with respect to such applicable fiscal quarter and any four fiscal quarter period that contains such fiscal
quarter, solely for the purpose of measuring the Financial Performance Covenant and not for any other purpose under this Agreement, by
an amount equal to the Cure Amount; and

 

(ii)             if,
after giving effect to the foregoing pro forma adjustment (without giving effect to any repayment of any Indebtedness with any portion
of the Cure Amount or any portion of the Cure Amount on the balance sheet of Holdings and its Restricted Subsidiaries, in each case, with
respect to such fiscal quarter only), Holdings and its Restricted Subsidiaries shall then be in compliance with the requirements of the
Financial Performance Covenant, Holdings and its Restricted Subsidiaries shall be deemed to have satisfied the requirements of the Financial
Performance Covenant as of the relevant date of determination with the same effect as though there had been no failure to comply therewith
at such date, and the applicable breach or default or event of default of the Financial Performance Covenant that had occurred shall be
deemed cured for the purposes of this Agreement and the other Loan Documents;

 

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provided that the Administrative Borrower
shall have notified the Administrative Agent of the exercise of such Cure Right within five (5) Business Days of the issuance of
the relevant Qualified Equity Interests for cash or the receipt of the cash contributions by Holdings.

 

(b)          Notwithstanding
anything herein to the contrary, (i) in each four consecutive fiscal quarter period of the Borrower there shall be at least two (2) fiscal
quarters in which the Cure Right is not exercised, (ii) during the term of this Agreement, the Cure Right shall not be exercised
more than five (5) times, (iii) for purposes of this Section 7.02, the Cure Amount shall be no greater than the amount
required for purposes of complying with the Financial Performance Covenant and any amounts in excess thereof shall not be deemed to be
a Cure Amount and (iv) neither the Administrative Agent nor any Lender or Secured Party shall exercise any remedy (including acceleration)
under the Loan Documents or applicable law on the basis of an Event of Default caused by the failure to comply with Section 6.11
until after Holding’s ability to cure has lapsed and Holdings has not exercised the Cure Right, and, if the Administrative Borrower
shall have delivered to the Administrative Agent a notice of its intent to cure a breach or default under Section 7.01(d)(ii) prior
to the Cure Termination Date, no Event of Default under Section 7.01(d)(ii) shall then be deemed to be in existence, provided,
however, that if the Cure Amount is not received by Holdings on or prior to the Cure Termination Date, such Event of Default shall
be deemed to arise). Notwithstanding any other provision in this Agreement to the contrary, the Cure Amount received pursuant to any exercise
of the Cure Right shall not be included in the calculation of Consolidated EBITDA or any incurrence ratio test for purposes of determining
any available basket under Article VI of this Agreement. For the avoidance of doubt, no Cure Amounts shall be applied to reduce the
Indebtedness of Holdings and its Restricted Subsidiaries on a Pro Forma Basis for purposes of determining compliance with the Financial
Performance Covenant for the fiscal quarter in which such Cure Right was made and there shall not have been a breach of any covenant under
Article VI of this Agreement by reason of having no longer included such Cure Amount in any basket during the relevant period.

 

SECTION 7.03 Application
of Proceeds. Subject to the terms of any applicable Intercreditor Agreement, the Collateral Agent shall apply the proceeds of any
collection or sale of Collateral, including any Collateral consisting of cash, as follows:

 

FIRST, to the payment
of all costs and expenses incurred by the Collateral Agent in connection with such collection or sale or otherwise in connection with
this Agreement, any other Loan Document or any of the Secured Obligations, including all court costs and the fees and expenses of its
agents and legal counsel, the repayment of all advances made by the Collateral Agent hereunder or under any other Loan Document on behalf
of any Loan Party and any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any
other Loan Document;

 

SECOND, to the payment
in full of the Secured Obligations (the amounts so applied to be distributed among the Secured Parties pro rata in accordance with the
amounts of the Secured Obligations owed to them on the date of any such distribution);

 

THIRD, to any agent
of any other junior secured debt, in accordance with any applicable Intercreditor Agreement; and

 

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FOURTH, to the Loan
Parties, their successors or assigns, or as a court of competent jurisdiction may otherwise direct.

 

The Collateral Agent shall have absolute discretion
as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Collateral
by the Collateral Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of the
Collateral Agent or of the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Collateral so
sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to
the Collateral Agent or such officer or be answerable in any way for the misapplication thereof. The Collateral Agent shall have no liability
to any of the Secured Parties for actions taken in reliance on information supplied to it as to the amounts of unpaid principal and interest
and other amounts outstanding with respect to the Secured Obligations.    Notwithstanding the foregoing, Excluded Swap Obligations with respect
to any Subsidiary Loan Party shall not be paid with amounts received from such Subsidiary Loan Party or its assets, but appropriate adjustments
shall be made with respect to payments from other Loan Parties to preserve the allocation to Secured Obligations otherwise set forth above.

 

Article VIII

 

ADMINISTRATIVE AGENT

 

SECTION 8.01 Appointment
and Authority.

 

(a)           Each
of the Lenders and the Issuing Bank hereby irrevocably appoints Barclays Bank PLC to act on its behalf as the Administrative Agent and
Collateral Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf
and to exercise such powers as are delegated to the Administrative Agent and Collateral 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 Collateral Agent, the Lenders and the Issuing Bank, 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” or, as the case may be, “Security Trustee” under
the Loan Documents, and each of the Lenders and the Issuing Bank hereby irrevocably appoints and authorizes the Collateral Agent to act
as the agent or, as the case may be, the security trustee, of such Lender and the Issuing Bank, and acknowledges that, to the extent required
in any relevant jurisdiction, the Administrative Agent may enter into such security trust or equivalent deeds as the Administrative Agent
may consider necessary, in each case 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 Secured Obligations, together with such powers and discretion as are reasonably incidental thereto.
In this connection, the Collateral Agent and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent and
Collateral Agent pursuant to Section 8.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof)
granted under the Security Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent,
shall be entitled to the benefits of all provisions of this Article VIII and Article IX (including Section 9.03 as though
such co-agents,

 

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sub-agents and attorneys-in-fact were the “collateral agent” or the “security agent” or the “security
trustee” under the Loan Documents) as if set forth in full herein with respect thereto.

 

SECTION 8.02 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, own securities of, 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 of the Borrower
as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders.

 

SECTION 8.03 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 opinion of its counsel,
may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable law;

 

(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 their Affiliates that is communicated to or obtained by the Person
serving as the Administrative Agent or any of its Affiliates in any capacity;

 

(d)           shall
not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other
number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary,
under the circumstances as provided in Section 9.02 and in the last paragraph of Section 7.01) or (ii) in the absence of
its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and non-appealable judgment;
provided that 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, a Lender or the Issuing Bank; and

 

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(e)           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 Security Documents, (v) the value or the sufficiency of any Collateral, or
(vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly
required to be delivered to the Administrative Agent.

 

SECTION 8.04 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, by telephone or by electronic transmission and believed by it to have been made by the proper
Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of
a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the Issuing Bank,
the Administrative Agent may presume that such condition is satisfactory to such Lender or the Issuing Bank unless the Administrative
Agent shall have received notice to the contrary from such Lender or the Issuing Bank prior to the making of such Loan or the issuance
of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent
accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the
advice of any such counsel, accountants or experts.

 

SECTION 8.05 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 (which may include such of the Administrative Agent’s affiliates or branches as it deems appropriate) appointed
by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights
and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent
and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection
with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.

 

SECTION 8.06 Resignation
of Administrative Agent.

 

Subject to the appointment
and acceptance of a successor Administrative Agent as provided in this paragraph, the Administrative Agent may resign upon thirty (30)
days’ notice to the Lenders, the Issuing Banks and the Borrower. Upon receipt of any such notice of resignation,

 

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the Required Lenders
shall have the right, with the Borrower’s consent (such consent not to be unreasonably withheld or delayed) unless a Specified
Event of Default has occurred and is continuing), 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 thirty (30) days after the retiring Administrative Agent gives notice of its
resignation, then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the Lenders and the Issuing Banks,
appoint a successor Administrative Agent, which shall be an Approved Bank with an office in New York, New York, or an Affiliate of any
such Approved Bank (the date upon which the retiring Administrative Agent is replaced, the “Resignation Effective Date”);
provided that if the Administrative Agent shall notify the Borrower and the Lenders that no qualifying Person accepted such appointment,
then such resignation shall nonetheless become effective in accordance with such notice. If, at the time that the Administrative Agent’s
resignation is effective, it is acting as an Issuing Bank or the Swing Line Lender, such resignation shall also operate to effectuate
its resignation as an Issuing Bank or the Swing Line Lender, as applicable, and it shall automatically be relieved of any further obligation
to issue Letters of Credit or to make Swing Line Loans.

 

If the Person serving as Administrative
Agent is a Defaulting Lender, the Required Lenders and Holdings may, to the extent permitted by applicable law, by notice in writing to
such Person remove such Person as Administrative Agent and, with the consent of the Borrower, appoint a successor. If no such successor
shall have been so appointed by the Required Lenders and shall have accepted such appointment within thirty (30) days (the “Removal
Effective Date”), then such removal shall nonetheless become effective in accordance with such notice on the Removal Effective
Date.

 

With effect from the Resignation
Effective Date or the Removal Effective Date (as applicable) (1) the retiring or removed Administrative Agent shall be discharged
from its duties and obligations hereunder and under the other Loan Documents (except (i) 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 or removed Administrative Agent
shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed and (ii) with respect
to any outstanding payment obligations) and (2) except for any indemnity payments or other amounts then owed to the retiring or removed
Administrative Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall
instead be made by or to each Lender directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent
as provided for above. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall
succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other
than any rights to indemnity payments or other amounts owed to the retiring or removed Administrative Agent as of the Resignation Effective
Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative Agent shall be discharged from all of its
duties and obligations hereunder and under the other Loan Documents as set forth in this Section. 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 or removed Administrative Agent’s resignation or removal hereunder and under the other Loan Documents,
the provisions of this Article and Section

 

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9.04 shall continue in effect for the benefit of such retiring or removed Administrative
Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while
the retiring or removed Administrative Agent was acting as Administrative Agent.

 

SECTION 8.07 Non-Reliance
on Administrative Agent and Other Lenders.

 

Each Lender and the Issuing
Bank acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related
Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into
this Agreement. Each Lender and the Issuing Bank 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.

 

Each Lender, by delivering its
signature page to this Agreement and funding its Loans on the Effective Date, or delivering its signature page to an Assignment
and Assumption, Incremental Facility Amendment or Refinancing Amendment pursuant to which it shall become a Lender hereunder, shall
be deemed to have acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered
to, or be approved by or satisfactory to, the Administrative Agent or the Lenders on the Effective Date.

 

No Lender shall have any right
individually to realize upon any of the Collateral or to enforce any Guarantee of the Secured Obligations, it being understood and agreed
that all powers, rights and remedies under the Loan Documents may be exercised solely by the Administrative Agent and Collateral Agent
on behalf of the Lenders in accordance with the terms thereof. In the event of a foreclosure by the Administrative Agent or Collateral
Agent on any of the Collateral pursuant to a public or private sale or other disposition, the Administrative Agent, the Collateral Agent
or any Lender may be the purchaser or licensor of any or all of such Collateral at any such sale or other disposition, and the Administrative
Agent or Collateral Agent, as agent for and representative of the Lenders (but not any Lender or Lenders in its or their respective individual
capacities unless Required Lenders shall otherwise agree in writing) shall be entitled, for the purpose of bidding and making settlement
or payment of the purchase price for all or any portion of the Collateral sold at any such public sale, to use and apply any of the Secured
Obligations as a credit on account of the purchase price for any collateral payable by the Administrative Agent or Collateral Agent on
behalf of the Lenders at such sale or other disposition. Each Lender, whether or not a party hereto, will be deemed, by its acceptance
of the benefits of the Collateral and of the Guarantees of the Secured Obligations, to have agreed to the foregoing provisions.

 

SECTION 8.08 No
Other Duties, Etc.

 

Anything herein to the contrary
notwithstanding, neither any Joint Lead Arrangers nor any person named on the cover page hereof as a Joint Lead Arranger or a Co-Documentation
Agent shall have any powers, duties or responsibilities under this Agreement or any of the other 

 

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Loan Documents, except in its capacity,
as applicable, as the Administrative Agent, a Lender or an Issuing Bank hereunder.

 

SECTION 8.09 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 or outstanding Letter of Credit 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, Letter of Credit outstandings
and all other Secured Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order
to have the claims of the Lenders, the Issuing Bank and the Administrative Agent (including any claim for the reasonable compensation,
expenses, disbursements and advances of the Lenders, the Issuing Bank and the Administrative Agent and their respective agents and counsel
and all other amounts due the Lenders, the Issuing Bank and the Administrative Agent under Sections 2.12 and 9.03) allowed in such judicial
proceeding; and

 

(b)           to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;

 

and any custodian, receiver, assignee, trustee,
liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and the Issuing
Bank to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly
to the Lenders and the Issuing Bank, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements
and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Sections 2.12
and 9.03.

 

Nothing contained herein shall
be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or the Issuing Bank
any plan of reorganization, arrangement, adjustment or composition affecting the Secured Obligations or the rights of any Lender or the
Issuing Bank to authorize the Administrative Agent to vote in respect of the claim of any Lender or the Issuing Bank or in any such proceeding.

 

SECTION 8.10 No
Waiver; Cumulative Remedies; Enforcement.

 

No failure by any Lender, any
Issuing Bank or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege
hereunder or under any other Loan Document 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, and provided under each other Loan Document, are cumulative and not exclusive
of any rights, remedies, powers and privileges provided by law.

 

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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 Article VII
for the benefit of all the Lenders and the Issuing Banks; 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) the Issuing Banks from exercising the rights and remedies that inure to
its benefit (solely in its capacity as Issuing Bank) hereunder and under the other Loan Documents, (c) any Lender from exercising
setoff rights in accordance with Section 9.08 (subject to the terms of Section 2.18), or (d) any Lender from filing proofs
of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any 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 Article VII and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso
and subject to Section 2.18, 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.

 

SECTION 8.11 Secured
Cash Management Obligations; Secured Swap Obligations.

 

Except as otherwise expressly
set forth herein or in the Guarantee Agreement or any Security Document, no provider of Cash Management Services or counterparty to any
Swap Agreement that obtains the benefits of Section 7.03, the Guarantee Agreement or any Security Document by virtue of the provisions
hereof or of the Guarantee Agreement or any Security Document shall have any right to notice of any action or to consent to, direct or
object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment
of any Collateral) other than in its capacity as a Lender or an Agent and, in such case, only to the extent expressly provided in the
Loan Documents. Notwithstanding any other provision of this Article VIII to the contrary, the Administrative Agent shall not be required
to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Cash Management Obligations
or Secured Swap Obligations unless the Administrative Agent has received written notice of such Secured Obligations, together with such
supporting documentation as the Administrative Agent may reasonably request, from the applicable provider or counterparty.

 

Article IX

 

MISCELLANEOUS

 

SECTION 9.01 Notices.

 

(a)           Except
in the case of notices and other communications expressly permitted to be given by telephone, 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 other electronic transmission (including e-mail), as follows:

 

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(i)              if
to Holdings, the Borrower (including the Administrative Borrower), the Administrative Agent or the Issuing Bank, to the address, fax number,
e-mail address or telephone number specified for such Person on Schedule 9.01; and

 

(ii)             if
to any other Lender, to it at its address (or fax number, telephone number or e-mail address) set forth in its Administrative Questionnaire
(including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in
effect for the delivery of notices that may contain Material Non-Public Information relating to the Borrower).

 

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 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 and the Issuing Bank hereunder may be delivered or furnished by electronic
communication (including e-mail and Internet or intranet websites) pursuant to procedures reasonably approved by the Administrative Agent,
provided that the foregoing shall not apply to notices to any Lender or the Issuing Bank pursuant to Article II if such Lender
or the Issuing Bank, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by
electronic communication.

 

Unless the Administrative Agent
otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received when sent to the proper
e-mail address as specified on Schedule 9.01 (as updated from time to time in accordance with Section 9.01(d)), 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 when an e-mail is sent to 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

 

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Related Parties (collectively, the “Agent Parties”) have any liability to Holdings, the Borrower, any Lender, the
Issuing Bank 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 non-appealable judgment to have resulted from the bad faith, material breach, gross negligence or willful misconduct of such Agent
Party; provided, however, that in no event shall any Agent Party have any liability to Holdings, the Borrower, any Lender,
the Issuing Bank 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 Holdings, the Borrower, the Administrative Agent and the Issuing Bank may change its address, electronic
mail address, fax or telephone number for notices and other communications or website hereunder by notice to the other parties hereto.
Each other Lender may change its address, fax or telephone number for notices and other communications hereunder by notice to the Borrower,
the Administrative Agent and the Issuing Bank. 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.

 

(e)           Reliance
by Administrative Agent, Issuing Bank and Lenders. The Administrative Agent, the Issuing Bank and the Lenders shall be entitled
to rely and act upon any 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. 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.

 

SECTION 9.02 Waivers;
Amendments.

 

(a)           No
failure or delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right or power under this Agreement or
any Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment
or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other
right or power. The rights and remedies of the Administrative Agent, the Issuing Banks and the Lenders hereunder and under the other
Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision
of this Agreement or any Loan Document or consent to any departure by any Loan Party therefrom shall in any event be effective unless
the same shall be permitted by paragraph (b) of this Section 9.02, and then such waiver or consent shall be effective
only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a
Loan or the issuance, amendment, renewal or extension of a Letter of Credit shall not be construed as a waiver of any Default, regardless
of whether the Administrative Agent, any Lender or any Issuing Bank may have had notice or knowledge of such Default at the time. No
notice or demand on the Borrower or Holdings in any

 

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case shall entitle the Borrower or Holdings to any other or further notice or demand in similar or
other circumstances.

 

(b)            Except
as provided in Section 2.20 with respect to any Incremental Facility Amendment, Section 2.21 with respect to any Refinancing
Amendment or Section 2.24 with respect to any Permitted Amendment, neither this Agreement, any Loan Document nor any provision hereof
or thereof may be waived, amended or modified except, in the case of this Agreement, pursuant to an agreement or agreements in writing
entered into by Holdings, the Borrower, the Administrative Agent and the Required Lenders (provided, that if such waiver, amendment
or modification does not affect the rights, duties, privileges or obligations of the Administrative Agent under this Agreement, the Administrative
Agent shall only be required to acknowledge such waiver, amendment or modification) or, in the case of any other Loan Document, pursuant
to an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party or Loan Parties that are parties
thereto, in each case with the consent of the Required Lenders; provided that the consent of the Required Lenders shall not be
required with respect to the amendments set forth below; provided further that no such agreement shall (i) increase the Commitment
of any Lender without the written consent of such Lender (it being understood that a waiver of any condition precedent set forth in Section 4.02
or the waiver of any Default, mandatory prepayment or mandatory reduction of the Commitments shall not constitute an extension or increase
of any Commitment of any Lender), (ii) reduce the principal amount of any Loan or LC Disbursement or reduce the reimbursement obligations
of the Borrower for the LC Exposure at such time (it being understood that a waiver of any Default, Event of Default, mandatory prepayment
or mandatory reduction of the Commitments shall not constitute a reduction or forgiveness of principal) or reduce the rate of interest
thereon, or reduce any fees payable hereunder, without the written consent of each Lender directly and adversely affected thereby (it
being understood that any change to the definition of Total Net Leverage Ratio, Senior Secured Net Leverage Ratio or Senior Secured First
Lien Net Leverage Ratio or in the component definitions thereof shall not constitute a reduction of interest or fees), provided
that only the consent of the Required Lenders shall be necessary to waive or otherwise modify any obligation of the Borrower to pay default
interest pursuant to Section 2.13(c), (iii) postpone the maturity of any Loan (it being understood that a waiver of any Default,
Event of Default, mandatory prepayment or mandatory reduction of the Commitments shall not constitute an extension of any maturity date),
or the date of any scheduled amortization payment of the principal amount of any Term Loan under Section 2.10 or the applicable Refinancing
Amendment, or the reimbursement date with respect to any LC Disbursement, or any date for the payment of any interest or fees payable
hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Commitment,
without the written consent of each Lender directly and adversely affected thereby, (iv) change any of the provisions of Section 7.03
that would alter the application of proceeds set forth therein without the written consent of a majority in interest of each affected
Class of Lenders, (v) change any of the provisions of this Section 9.02(b) without the written consent of each Lender
directly and adversely affected thereby, (vi) change the percentage set forth in the definition of “Required Lenders”,
 “Required Revolving Lenders” or any other provision of any Loan Document specifying the number or percentage of Lenders (or
Lenders of any Class) required to waive, amend or modify any rights thereunder or make any determination or grant any consent thereunder,
without the written consent of each Lender (or each Lender of such Class, as the case may be), (vii) release all or substantially
all the value of the Guarantees under the Guarantee Agreement (except as expressly provided in the Loan Documents) without the written

 

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consent of each Lender (other than a Defaulting Lender), (viii) release all or substantially all the Collateral from the Liens of
the Security Documents, without the written consent of each Lender (other than a Defaulting Lender), except as expressly provided in the
Loan Documents or (ix) amend, modify or waive the Financial Performance Covenant (or any component definition to the extent applicable
thereto) or otherwise Section 6.11 and related Defaults and Events of Default, or Section 7.02 as it relates to any determination
of compliance with the Financial Performance Covenant, without the written consent of the Required Revolving Lenders (it being understood
that the consent of no other Lenders shall be operative with respect to, or required for, any such amendment, modification or waiver);
provided, further, that in connection with an amendment that addresses solely a re-pricing transaction in which any Class of
Term Loans or Revolving Commitments (and the Revolving Loans in respect hereof) is refinanced with a replacement Class of term loans
or revolving commitments (and the revolving loans in respect hereof) bearing (or is modified in such a manner such that the resulting
term loans or revolving commitments (and the revolving loans in respect hereof) bear a lower Yield, only the consent of the Lenders holding
Term Loans or Revolving Commitments (and the Revolving Loans in respect hereof) subject to such permitted re-pricing transaction that
will continue as a Lender in respect of the re-priced tranche of Term Loans or Revolving Commitments (and the Revolving Loans in respect
hereof) or modified Term Loans or Revolving Commitments and the Revolving Loans in respect hereof shall be required); provided further
that (A) no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent or any Issuing
Bank without the prior written consent of the Administrative Agent or such Issuing Bank, as the case may be, (B) any provision of
this Agreement or any other Loan Document may be amended by an agreement in writing entered into by Holdings, the Borrower and the Administrative
Agent to cure any mistake, ambiguity, omission, defect, obvious error or incorrect cross-reference or similar inaccuracies, or to effect
administrative changes of a technical or immaterial nature or to correct any inconsistency and (C) any waiver, amendment or modification
of this Agreement that by its terms affects the rights or duties under this Agreement of Lenders holding Loans or Commitments of a particular
Class (but not the Lenders holding Loans or Commitments of any other Class) may be effected by an agreement or agreements in writing
entered into by Holdings, Intermediate Parent, the Borrower and the requisite percentage in interest of the affected Class of
Lenders that would be required to consent thereto under this Section if such Class of Lenders were the only Class of Lenders
hereunder at the time. Notwithstanding the foregoing, (a) this Agreement may be amended (or amended and restated) with the written
consent of the Required Lenders, the Administrative Agent, Holdings and the Borrower (i) to add one or more additional credit facilities
to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the accrued interest and fees in
respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents and (ii) to include appropriately
the Lenders holding such credit facilities in any determination of the Required Lenders on substantially the same basis as the Lenders
prior to such inclusion and (b) guarantees, Security Documents and related documents in connection with this Agreement may be in
a form reasonably determined by the Administrative Agent and may be, together with this Agreement and the other Loan Documents, amended
and waived with the consent of the Administrative Agent at the request of the Borrower without the need to obtain the consent of any other
Lender if such amendment or waiver is delivered in order (i) to comply with local law or advice of local counsel, (ii) to cure
ambiguities or defects, (iii) to cause such guarantee, collateral security document or other document to be consistent with this
Agreement and the other Loan Documents or (iv) to integrate any Incremental Facility or Credit Agreement Refinancing

 

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Indebtedness
in a manner consistent with this Agreement and the other Loan Documents. Notwithstanding the foregoing,
no Lender or Issuing Bank consent is required to effect any amendment, modification or supplement to any Intercreditor Agreement or subordination
agreement or arrangement permitted under this Agreement or in any document pertaining to any Indebtedness permitted hereby that is permitted
to be secured by the Collateral, including any Incremental Term Loan or Incremental Revolving Loan, any Other Term Loan, Other Revolving
Loan or Other Revolving Commitments, for the purpose of adding the holders of such Indebtedness (or their senior representative) as a
party thereto and otherwise causing such Indebtedness to be subject thereto, to give effect hereto or otherwise carry out the purposes
thereof, in each case as contemplated by the terms of such Intercreditor Agreement permitted under this Agreement (including any changes
thereto as contemplated by Section 9.14(b)) or subordination agreement or arrangement permitted under this Agreement, as applicable.

 

(c)            In
connection with any proposed amendment, modification, waiver or termination (a “Proposed Change”) requiring the consent
of all Lenders or all directly and adversely affected Lenders, if the consent of the Required Lenders to such Proposed Change is obtained,
but the consent to such Proposed Change of other Lenders whose consent is required is not obtained (any such Lender whose consent is not
obtained as described in paragraph (b) of this Section 9.02 being referred to as a “Non-Consenting Lender”),
then the Borrower may, at its sole expense and effort, upon notice to such Non-Consenting Lender and the Administrative Agent, require
such Non-Consenting Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04),
all its interests, rights and obligations under this Agreement to an Eligible Assignee that shall assume such obligations (which Eligible
Assignee may be another Lender, if a Lender accepts such assignment), provided that (a) the Borrower shall have received the
prior written consent of the Administrative Agent to the extent such consent would be required under Section 9.04(b) for an
assignment of Loans or Commitments, as applicable (and, if a Revolving Commitment is being assigned and each Issuing Bank), which consent
shall not unreasonably be withheld, (b) such Non-Consenting Lender shall have received payment of an amount equal to the outstanding
par principal amount of its Loans and participations in LC Disbursements, accrued interest thereon, accrued fees and all other amounts
payable to it hereunder (including pursuant to Section 2.11(a)(i)) from the Eligible Assignee (to the extent of such outstanding
principal and accrued interest and fees) or the Borrower (in the case of all other amounts), (c) unless waived, the Borrower or such
Eligible Assignee shall have paid to the Administrative Agent the processing and recordation fee specified in Section 9.04(b) and
(d) such Eligible Assignee consents to the Proposed Change.

 

(d)            Notwithstanding
anything in this Agreement or the other Loan Documents to the contrary, the Revolving Commitments, Term Loans and Revolving Exposure of
any Lender that is at the time a Defaulting Lender shall not have any voting or approval rights under the Loan Documents and shall be
excluded in determining whether all Lenders (or all Lenders of a Class), all affected Lenders (or all affected Lenders of a Class), a
Majority in Interest of Lenders of any Class or the Required Lenders have taken or may take any action hereunder (including any consent
to any amendment or waiver pursuant to this Section 9.02); provided 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 affects any Defaulting Lender more adversely than other affected Lenders shall require the
consent of such Defaulting Lender.

 

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(e)            Notwithstanding
anything in this Agreement or the other Loan Documents to the contrary, each Affiliated Lender (other than an Affiliated Debt Fund) hereby
agrees that, for purposes of any plan of reorganization, such Affiliated Lender will be deemed to have voted in the same proportion as
non-Affiliated Lenders voting on such matter; provided that such Affiliated Lender shall be entitled to vote in accordance with
its sole discretion in connection with any plan of reorganization to the extent (a) any such plan of reorganization proposes to treat
any Secured Obligations held by such Affiliated Lender in a manner that is less favorable in any material respect to such Affiliated Lender
than the proposed treatment of similar Secured Obligations held by Lenders that are not Affiliates of the Borrower, (b) that would
deprive such Affiliated Lender of its pro rata share of any payments to which it is entitled or (c) if such plan of reorganization
does not require the consent of each Lender or each affected Lender.

 

SECTION 9.03 Expenses;
Indemnity; Damage Waiver.

 

(a)               The
Borrower shall pay, if the Effective Date occurs and the Transactions have been consummated, (i) all reasonable and documented out-of-pocket
costs and expenses incurred by the Administrative Agent, the Joint Lead Arrangers, each Issuing Bank and their respective Affiliates (without
duplication), (but limited, (A) in the case of legal fees and expenses, to the reasonable and documented fees, disbursements and
other charges of one counsel to the Administrative Agent, the Issuing Banks and the Joint Lead Arrangers, taken as a whole, plus, if reasonably
necessary, one local counsel to the Administrative Agent, the Issuing Banks and the Joint Lead Arrangers, taken as a whole, in any relevant
material jurisdiction, in each case excluding allocated costs of in-house counsel (and in the case of an actual or reasonably perceived
potential conflict of interest, one additional counsel and local counsel to the affected First Lien Lenders, taken as a whole), and (B) in
the case of other consultants and advisors, limited to the fees and expenses of such persons approved by the Borrower), in each case for
the Administrative Agent, in connection with the syndication of the credit facilities provided for herein, and the preparation, execution,
delivery and administration of the Loan Documents or any amendments, modifications or waivers of the provisions thereof), (ii) all
reasonable and documented and invoiced out-of-pocket costs and expenses incurred by each Issuing Bank in connection with the issuance,
amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all reasonable and documented
and invoiced out-of-pocket expenses (but not third party costs or expenses such as legal fees or the fees of other advisors) incurred
by the Administrative Agent, each Issuing Bank or any Lender and the reasonable and documented fees, charges and disbursements of counsel
to the Administrative Agent, the Issuing Banks and the Lenders, taken as a whole, in any relevant material jurisdiction (and in the case
of an actual or reasonably perceived potential conflict of interest, one additional counsel to the affected Lenders, taken as a whole)
and in the case of other consultants and advisers, limited to the fees and expenses of such persons approved by the Borrower, acting reasonably)
(but limited, (A) in the case of legal fees and expenses, to the fees, disbursements and other charges of one counsel to the Administrative
Agent, the Issuing Banks and the Lenders, taken as a whole, and, if reasonably necessary, one local counsel to the Administrative Agent,
the Issuing Banks and the Lenders, taken as a whole, in each relevant material jurisdiction (and in the case of an actual or reasonably
perceived potential conflict of interest, one additional counsel to the affected Lenders, taken as a whole) and (B) in the case of
other consultants and advisers, limited to the fees and expenses of such persons approved by the Borrower) in connection with the enforcement
or protection of any rights or remedies in connection with the Loan Documents (including all such costs and expenses

 

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incurred during any
legal proceeding, including any proceeding under any Debtor Relief Laws or during any workout, restructuring or negotiations in respect
of such Loans or Letters of Credit).

 

(b)            Without
duplication of the expense reimbursement obligations pursuant to clause (a) above, the Borrower shall indemnify each Agent, each
Issuing Bank, each Lender and each Related Party (other than Excluded Affiliates to the extent acting in their capacities as such) of
any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless
from, any and all actual losses, claims, damages, liabilities and expenses (but limited, in the case of legal expenses, to the reasonable
and documented and invoiced out-of-pocket fees and expenses of one counsel for all Indemnitees and to the extent reasonably determined
by the Administrative Agent to be necessary, one local counsel in each relevant jurisdiction (and, in the case of a conflict of interest,
where the Indemnitee affected by such conflict notifies Holdings of the existence of such conflict and thereafter retains its own counsel,
one additional counsel) for all Indemnitees (which may include a single special counsel acting in multiple jurisdictions but excluding
allocated costs of in-house counsel)), incurred by or asserted against any Indemnitee by any third party or by the Borrower, Holdings
or any Subsidiary arising out of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any Loan
Document or any other agreement or instrument contemplated hereby or thereby, the performance by the parties to the Loan Documents of
their respective obligations thereunder or the consummation of the Transactions or any other transactions contemplated thereby, the syndication
of the credit facilities provided for herein, (ii) any Loan or Letter of Credit or the use of the proceeds therefrom (including any
refusal by the applicable Issuing Bank(s) to honor a demand for payment under a Letter of Credit if the documents presented in connection
with such demand do not strictly comply with the terms of such Letter of Credit), (iii) to the extent in any way arising from or
relating to any of the foregoing, any actual or alleged presence or Release or threat of Release of Hazardous Materials on, at, to or
from any Mortgaged Property or any other real property or facility currently or formerly owned, leased or operated by Holdings, any Intermediate
Parent, the Borrower or any Subsidiary, or any other Environmental Liability related in any way to Holdings, any Intermediate Parent,
the Borrower or any Subsidiary, 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, Holdings or
any Subsidiary or their Affiliates and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall
not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities, costs or related expenses (w) resulted
from the gross negligence, bad faith, fraud or willful misconduct of such Indemnitee or its Related Parties (as determined by a court
of competent jurisdiction in a final and non-appealable judgment), (x) resulted from a material breach of the Loan Documents by such
Indemnitee or its Related Parties (as determined by a court of competent jurisdiction in a final and non-appealable judgment), (y) arise
from disputes between or among Indemnitees (other than disputes involving claims against any Agent or any Issuing Bank, in each case,
in their respective capacities) that do not involve an act or omission by Holdings, the Borrower or any Restricted Subsidiary or (z) resulted
from any settlement effected without the Borrower’s prior written consent (not to be unreasonably withheld or denied); provided
that such indemnity shall not apply to any Indemnitee or Related Party (i) in its capacity as a financial advisor of the Company
or a Loan Party in connection with the Acquisition or (ii) in its capacity as an equity co-investor with respect to the Acquisition;
provided, that to the extent any amounts paid to an Indemnitee in respect of this Section 9.03, such Indemnitee, by its acceptance
of the benefits hereof, agrees to refund and return any and all 

 

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amounts paid by the Borrower to it if, pursuant to the operation of the
foregoing clauses (w) through (z), such Indemnitee was not entitled to receipt of such amount.

 

(c)            To
the extent that the Borrower fails to pay any amount required to be paid by it to any Agent, any Lender or any Issuing Bank under paragraph (a) or
(b) of this Section 9.03, each Lender severally agrees to pay to such Agent, such Lender or such Issuing Bank, as the case may
be, such Lender’s pro rata share (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought)
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 such Agent, such Lender or such Issuing Bank in its capacity as such. For purposes
hereof, a Lender’s “pro rata share” shall be determined based upon its share of the aggregate Revolving Exposures, outstanding
Term Loans and unused Commitments at such time. The obligations of the Lenders under this paragraph (c) are subject to the last
sentence of Section 2.02(a) (which shall apply mutatis mutandis to the Lenders’ obligations under this paragraph
(c)).

 

(d)            To
the extent permitted by applicable law, none of Holdings, the Borrower, any Agent, any Lender, any other party hereto or any Indemnitee
shall assert, and each hereby waives, any claim against any other such Person on any theory of liability for special, indirect, consequential
or punitive damages (as opposed to direct or actual damages) (whether or not the claim therefor is based on contract, tort or duty imposed
by any applicable legal requirement) arising out of, in connection with, arising out of, as a result of, or in any way related to, this
Agreement or any agreement or instrument contemplated hereby or referred to herein, the transactions contemplated hereby or thereby, or
any act or omission or event occurring in connection therewith and each such Person further agrees not to sue upon any such claim or any
such damages, whether or not accrued and whether or not known or suspected to exist in its favor; provided that the foregoing shall
in no event limit the Borrower’s indemnification obligations under clause (b) above with respect to losses, claims, damages,
liabilities and expenses incurred or paid by an Indemnitee to a third party unaffiliated with such Indemnitee.

 

(e)            In
case any proceeding is instituted involving any Indemnitee for which indemnification is to be sought hereunder by such Indemnitee, then
such Indemnitee will promptly notify the Borrower of the commencement of any proceeding; provided, however, that the failure
to do so will not relieve the Borrower from any liability that it may have to such Indemnitee hereunder, except to the extent that the
Borrower is materially prejudiced by such failure. Notwithstanding the above, following such notification, the Borrower may elect in writing
to assume the defense of such proceeding, and, upon such election, the Borrower will not be liable for any legal costs subsequently incurred
by such Indemnitee (other than reasonable costs of investigation and providing evidence) in connection therewith, unless (i) the
Borrower has failed to provide counsel reasonably satisfactory to such Indemnitee in a timely manner, (ii) counsel provided by the
Borrower reasonably determines its representation of such Indemnitee would present it with a conflict of interest or (iii) the Indemnitee
reasonably determines that there are actual conflicts of interest between the Borrower and the Indemnitee, including situations in which
there may be legal defenses available to the Indemnitee which are different from or in addition to those available to the Borrower.

 

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(f)          Notwithstanding
anything to the contrary in this Agreement, the extent permitted by applicable law, neither Holdings nor the Borrower shall assert, and
each hereby waives, any claim against any Indemnitee for any direct or actual damages arising from the use by unintended recipients of
information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or
other information transmission systems (including the Internet) in connection with this Agreement or the other Loan Documents or the transactions
contemplated hereby or thereby; except to the extent that such direct or actual damages are determined by a court of competent
jurisdiction by final, non-appealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of, or a material
breach of the Loan Documents by, such Indemnitee or its Related Parties.

 

(g)          All
amounts due under this Section 9.03 shall be payable not later than thirty (30) days after written demand therefor; provided,
however, that any Indemnitee shall promptly refund an indemnification payment received hereunder to the extent that there is a
final judicial determination that such Indemnitee was not entitled to indemnification with respect to such payment pursuant to this Section 9.03.

 

		SECTION
                                                                        9.04
	Successors and Assigns.

 

(a)            The
provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit), except that (i) a Borrower
may not assign or otherwise transfer any of its rights or obligations hereunder (other than in connection with a sale of a Borrower (other
than the Administrative Borrower) permitted under this Agreement or to a Successor Borrower pursuant to a transaction permitted by Section 6.03(a)(iv)(B))
without the prior written consent of each Lender, each Issuing Bank and the acknowledgement of the Administrative Agent (and any attempted
assignment or transfer by the Borrower without such consent (other than in connection with a sale of a Borrower (other than the Administrative
Borrower) permitted under this Agreement or to a Successor Borrower pursuant to a transaction permitted by Section 6.03(a)(iv)(B))
shall be null and void), (ii) no assignment shall be made to any Defaulting Lender or any of its Affiliates, or any Persons who,
upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (ii) and (iii) no Lender
may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section 9.04. 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 (including any Affiliate of the Issuing Bank that issues any Letter of Credit), Participants (to the extent
provided in paragraph (c) of this Section 9.04), the Indemnitees and, to the extent expressly contemplated hereby, the
Related Parties of each of the Administrative Agent, the Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under
or by reason of this Agreement.

 

(b)            (i) 
Subject to the conditions set forth in paragraphs (b)(ii) and (f) below, any Lender may assign to one or more Eligible
Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans
at the time owing to it) with the prior written consent (such consent not to be unreasonably withheld or delayed) of (A) the Borrower;
provided that no consent of the Borrower shall be required for an assignment (x) by a Term Lender to any Lender, an Affiliate
of any Lender or an Approved Fund,

 

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(y) if a Specified Event of Default has occurred and is continuing or (z) by a Revolving
Lender to another Revolving Lender, an Affiliate of a Revolving Lender or an Approved Fund; provided further that no assignee contemplated
by the immediately preceding proviso shall be entitled to receive any greater payment under Section 2.15 or Section 2.17 than
the applicable assignor would have been entitled to receive with respect to the assignment made to such assignee, unless the assignment
to such assignee is made with the Borrower’s prior written consent; provided further that the Borrower shall have the right
to withhold its consent to any assignment if in order for such assignment to comply with applicable law, the Borrower would be required
to obtain the consent of, or make any filing or registration with, any Governmental Authority and (B) solely in the case of Revolving
Loans and Revolving Commitments, the Administrative Agent, each Issuing Bank and the Swing Line Lender (in each case, not to be unreasonably
withheld or delayed); provided that consent of the Administrative Agent shall not be required for an assignment to any Revolving
Lender or an Affiliate of any Revolving Lender; provided further that, for the avoidance of doubt, no consent of any Issuing Bank
or the Swing Line Lender shall be required for an assignment of all or any portion of a Term Loan or Term Commitment. Notwithstanding
anything in this Section 9.04 to the contrary, if the Borrower has not given the Administrative Agent written notice of its objection
to an assignment of Term Loans within ten (10) Business Days after receipt of written notice of such assignment, the Borrower shall
be deemed to have consented to such assignment.

 

(ii)            Assignments
shall be subject to the following additional conditions: (A) except in the case of an assignment to a Lender, an Affiliate of a Lender
or an Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s Commitment or Loans of any Class,
the amount of the Commitment or Loans of the assigning Lender subject to each such assignment (determined as of the trade date specified
in the Assignment and Assumption with respect to such assignment or, if no trade date is so specified, as of the date the Assignment and
Assumption with respect to such assignment is delivered to the Administrative Agent) shall, in the case of Revolving Loans, not be less
than $5,000,000 (and integral multiples thereof) or, in the case of a Term Loan, $1,000,000 (and integral multiples thereof), unless the
Borrower and the Administrative Agent otherwise consent (in each case, such consent not to be unreasonably withheld or delayed); provided
that no such consent of the Borrower shall be required if a Specified Event of Default has occurred and is continuing, (B) 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; provided that this clause (B) shall not be construed to prohibit assignment of a proportionate part of all
the assigning Lender’s rights and obligations in respect of one Class of Commitments or Loans, (C) the parties to each
assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption via an electronic settlement system acceptable
to the Administrative Agent or, if previously agreed with the Administrative Agent, manually execute and deliver to the Administrative
Agent an Assignment and Assumption, and, in each case, together with a processing and recordation fee of $3,500; provided that
the Administrative Agent, in its sole discretion, may elect to waive or reduce such processing and recordation fee; provided further
that any such Assignment and Assumption shall include a representation by the assignee that the assignee is not a Disqualified Lender;
provided further that assignments made pursuant to Section 2.19(b), 2.21(b) or Section 9.02(c) shall not require
the signature of the assigning Lender to become effective, (D) the assignee, if it shall not be a Lender, shall deliver to the

 

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Administrative
Agent any tax forms required by Section 2.17(f) and an Administrative Questionnaire in which the assignee designates one or
more credit contacts to whom all syndicate-level information (which may contain Material Non-Public Information about the Borrower, the
Loan Parties and their Related Parties or their respective securities) will be made available and who may receive such information in
accordance with the assignee’s compliance procedures and applicable laws, including Federal and state securities laws and (E) unless
the Borrower otherwise consents, no assignment of all or any portion of the Revolving Commitment of a Lender that is also an Issuing Bank
may be made unless (1) the assignee shall be or become an Issuing Bank, as applicable, and assume a ratable portion of the rights
and obligations of such assignor in its capacity as Issuing Bank, or (2) the assignor agrees, in its discretion, to retain all of
its rights with respect to and obligations to make or issue Letters of Credit hereunder in which case the Applicable Fronting Exposure
of such assignor may exceed such assignor’s Fronting Exposure Cap for purposes of Section 2.05(b) by an amount not to
exceed the difference between the assignor’s Fronting Exposure Cap prior to such assignment and the assignor’s Fronting Exposure
Cap following such assignment; provided that no such consent of the Borrower shall be required if a Specified Event of Default
has occurred and is continuing.

 

(iii)            Subject
to acceptance and recording thereof pursuant to paragraph (b)(v) of this Section 9.04, from and after the effective date specified
in each Assignment and Assumption, the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such
Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall,
to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and,
in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement,
such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of (and subject to the obligations and
limitations of) Sections 2.15, 2.16, 2.17 and 9.03 and to any fees payable hereunder that have accrued for such Lender’s account
but have not yet been paid). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply
with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights
and obligations in accordance with paragraph (c)(i) of this Section 9.04 to the extent otherwise permitted thereby or otherwise
shall be void.

 

(iv)            The
Administrative Agent, acting for this purpose as a non-fiduciary agent of the Borrower, shall maintain at one of its offices a copy of
each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment
of, and principal and interest amounts of the Loans and LC Disbursements owing to, each Lender pursuant to the terms hereof from time
to time (the “Register”). Notwithstanding the foregoing, in no event shall the Administrative Agent be obligated to
ascertain, monitor or inquire as to whether any Lender is an Affiliated Lender, nor shall the Administrative Agent be obligated to monitor
the aggregate amount of the Loans or Incremental Loans held by Affiliated Lenders. The entries in the Register shall be conclusive absent
manifest error, and Holdings, the Borrower, the Administrative Agent, the Issuing Banks 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 

 

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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, the Issuing
Banks, the Swing Line Lender and any Lender (but only, in the case of a Lender, an Issuing Bank or the Swing Line Lender, at the Administrative
Agent’s Office and with respect to any entry relating to such Lender, Issuing Bank or Swing Line Lender’s Commitments,
Loans, LC Exposure, Revolving Exposure and Swing Line Obligations, as applicable), at any reasonable time and from time to time upon reasonable
prior notice.

 

(v)            Upon
its receipt of a duly completed Assignment and Assumption executed by an assigning Lender and an assignee, the assignee’s completed
Administrative Questionnaire and any tax forms required by Section 2.17(f) (unless the assignee shall already be a Lender hereunder),
the processing and recordation fee referred to in paragraph (b) of this Section 9.04 and any written consent to such assignment
required by paragraph (b) of this Section 9.04, the Administrative Agent shall accept such Assignment and Assumption and
record the information contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has
been recorded in the Register as provided in this paragraph.

 

(vi)          The
words “execution,” “signed,” “signature” and words of like import in any Assignment and Assumption
shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal
effect, validity or enforceability as an original 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.

 

(c)            (i) 
         Any Lender may, without the consent of the Borrower, the Administrative Agent or the
Issuing Banks, sell participations to one or more banks or other Persons (other than to a Disqualified Lender (but only if the list of
Disqualified Lenders is available to Lenders upon request) or other Person that is not an Eligible Assignee) (a “Participant”)
in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitment
and the Loans owing to it); provided that (A) such Lender’s obligations under this Agreement shall remain unchanged,
(B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C) Holdings,
the Borrower, the Administrative Agent, the Issuing Banks and the other Lenders shall continue to deal solely and directly with such
Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement 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 any other
Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement and any other Loan Documents;
provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree
to any amendment, modification or waiver described in the first proviso to Section 9.02(b) that directly and adversely affects
such Participant. Subject to paragraph (c)(iii) of this Section, the Borrower agrees that each Participant shall be entitled
to the benefits of Sections 2.15, 2.16 and 2.17 (subject to the 

 

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obligations and limitations thereof and Section 2.19, it being understood that any tax forms required by Section 2.17(f) shall
be provided solely to the participating Lender) to the same extent as if it were a Lender and had acquired its interest by assignment
pursuant to paragraph (b) of this Section 9.04. To the extent permitted by law, each Participant also shall be entitled
to the benefits of Section 9.08 as though it were a Lender; provided that such Participant agrees to be subject to Section 2.18(c) as
though it were a Lender.

 

(ii)            Each
Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register
on which it enters the name and address of each Participant and the principal amounts (and related interest amounts) of each participant’s
interest in the Loans or other obligations under this Agreement (the “Participant Register”). The entries in the Participant
Register shall be conclusive, absent manifest error, and the parties hereto 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. No Lender shall
have any obligation to disclose all or any portion of its Participant Register to any Person (including the identity of any Participant
or any information relating to a Participant’s interest in any Commitments, Loans or other obligations under the Loan Documents)
except to the extent that the relevant parties, acting reasonably and in good faith, determine that such disclosure is necessary in connection
with a Tax audit or other proceeding to establish that any Loan or other obligation under the Loan Documents is in registered form for
U.S. federal income tax purposes.

 

(iii)            A
Participant (other than a Revolving Lender pursuant to Section 2.05(e)) shall not be entitled to receive any greater payment under
Section 2.15, 2.16 or 2.17 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.

 

(d)            Any
Lender may, without the consent of the Borrower or the Administrative Agent, at any time pledge or assign a security interest in all or
any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations
to a Federal Reserve Bank or other “central” bank, and this Section 9.04 shall not apply to any such pledge or assignment
of a security interest, provided that no such pledge or assignment of a security interest shall release a Lender from any of its
obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

 

(e)          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 

 

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hereunder (and interest accrued thereon) and
(y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit 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.

 

(f)            Notwithstanding
anything to the contrary herein, any Lender may, at any time, assign all or a portion of its rights and obligations under this Agreement
to an Affiliated Lender subject to the following limitations:

 

(i)          Affiliated
Lenders (other than Affiliated Debt Funds) will not receive information provided solely to Lenders by the Administrative Agent or any
Lender and will not be permitted to attend or participate in meetings attended solely by the Lenders and the Administrative Agent, other
than the right to receives notices of Borrowings, notices of prepayments and other administrative notices in respect of its Loans or Commitments
required to be delivered to Lenders pursuant to Article II;

 

(ii)            for
purposes of any amendment, waiver or modification of any Loan Document (including such modifications pursuant to Section 9.02), or,
subject to Section 9.02(e), in any plan of reorganization pursuant to the U.S. Bankruptcy Code, that in either case does not require
the consent of each Lender, or that would not deprive such Affiliated Lender of its pro rata share of any payments to which it is entitled,
Affiliated Lenders will be deemed to have voted in the same proportion as the Lenders that are not Affiliated Lenders voting on such matter;
and each Affiliated Lender hereby acknowledges, agrees and consents that if, for any reason, its vote to accept or reject any plan pursuant
to the U.S. Bankruptcy Code is not deemed to have been so voted, then such vote will be (x) deemed not to be in good faith and (y) “designated”
pursuant to Section 1126(e) of the U.S. Bankruptcy Code such that the vote is not counted in determining whether the applicable
class has accepted or rejected such plan in accordance with Section 1126(c) of the U.S. Bankruptcy Code; provided that
Affiliated Debt Funds will not be subject to such voting limitations and will be entitled to vote as any other Lender; provided
that Affiliated Debt Funds may not account for more than 49.9% of the “Required Lenders” in any Required Lender vote;

 

(iii)            Affiliated
Lenders may not purchase Revolving Loans, including pursuant to this Section 9.04;

 

(iv)            the
aggregate principal amount of Term Loans purchased by assignment pursuant to this Section 9.04 and held at any one time by Affiliated
Lenders (other than Affiliated Debt Funds) may not exceed 25.0% of the aggregate principal amount of all Term Loans outstanding at the
time of such purchase, after giving effect to any substantially simultaneous cancellations thereof;

 

(v)            Affiliated
Lenders shall clearly identify themselves as Affiliated Lenders in the loan assignment documentation. In no event shall the Administrative
Agent 

 

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be obligated to ascertain, monitor or inquire as to whether any lender is an Affiliated Lender or Affiliated Debt Fund nor shall
the Administrative Agent be obligated to monitor the number of Affiliated Lenders or Affiliated Debt Funds or the aggregate amount of
Term Loans or Incremental Term Loans held by Affiliated Lenders or Affiliated Debt Funds;

 

(vi)            Affiliated
Lenders (other than Affiliated Debt Funds) will not be permitted to vote on matters requiring a Required Lender vote, and the Term Loans
held by Affiliated Lenders (other than Affiliated Debt Funds) shall be disregarded in determining (x) other Lenders’ commitment
percentages or (y) matters submitted to Lenders for consideration that do not require the consent of each Lender or each affected
Lender; provided that the commitments of any Affiliated Lender shall not be increased, the Interest Payment Dates and the dates
of any scheduled amortization payments (including at maturity) owed to any Affiliated Lender hereunder will not be extended and the amounts
owning to any Affiliated Lender hereunder will not be reduced without the consent of such Affiliated Lender; and

 

(vii)            each
Lender making such assignment to such Affiliated Lender acknowledges and agrees that in connection with such assignment, (1) such
Affiliated Lender then may have, and later may come into possession of Material Non-Public Information, (2) such Lender has independently
and, without reliance on such Affiliated Lender, Holdings, any of its Subsidiaries, the Administrative Agent or any of their respective
Affiliates, made its own analysis and determination to enter into such assignment notwithstanding such Lender’s lack of knowledge
of the Material Non-Public Information and (3) none of Holdings, its Subsidiaries, the Administrative Agent, any Affiliated Lender
or any of their respective Affiliates shall have any liability to such Lender, and such Lender hereby waives and releases, to the extent
permitted by Requirements of Law, any claims such Lender may have against Holdings, its Subsidiaries, the Administrative Agent, such Affiliated
Lender and their respective Affiliates, under applicable laws or otherwise, with respect to the nondisclosure of the Material Non-Public
Information. Each Lender entering into such an assignment further acknowledges that the Material Non-Public Information may not be available
to the Administrative Agent or the other Lenders.

 

(g)            Notwithstanding
anything to the contrary herein, any Lender may, at any time, assign all or a portion of its Term Loans (but not Revolving Loans) to Holdings
or any of its Subsidiaries, through (x) Dutch auctions or other offers to purchase open to all Lenders on a pro rata basis in accordance
with procedures of the type described in Section 2.11(a)(ii) or other customary procedures acceptable to the Administrative
Agent and/or (y) open market purchases on a non-pro rata basis, provided that (i) any Term Loans that are so assigned
will be automatically and irrevocably cancelled and the aggregate principal amount of the tranches and installments of the relevant Term
Loans then outstanding shall be reduced by an amount equal to the principal amount of such Term Loans, (ii) no Event of Default shall
have occurred and be continuing and (iii) each Lender making such assignment to Holdings or any of its Subsidiaries acknowledges
and agrees that in connection with such assignment, (1) Holdings or its Subsidiaries then may have, and later may come into possession
of Material Non-Public Information, (2) such Lender has independently and, without reliance on Holdings, any of its Subsidiaries,
the Administrative Agent 

 

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or any of their respective Affiliates, made its own analysis and determination to enter into such assignment
notwithstanding such Lender’s lack of knowledge of the Material Non-Public Information and (3) none of Holdings, its Subsidiaries,
the Administrative Agent, or any of their respective Affiliates shall have any liability to such Lender, and such Lender hereby waives
and releases, to the extent permitted by Requirements of Law, any claims such Lender may have against Holdings, its Subsidiaries, the
Administrative Agent, and their respective Affiliates, under applicable laws or otherwise, with respect to the nondisclosure of the Material
Non-Public Information. Each Lender entering into such an assignment further acknowledges that the Material Non-Public Information may
not be available to the Administrative Agent or the other Lenders.

 

(h)            Notwithstanding
the foregoing, no assignment may be made or participation sold to a Disqualified Lender without the prior written consent of the Borrower;
provided that the Administrative Agent shall be permitted to disclose to any Lender the list of Disqualified Lenders upon request;
provided further that inclusion on the list of Disqualified Lenders shall not apply retroactively to disqualify any persons that
have previously acquired an assignment or participation in the Loan if such person was not included on the list of Disqualified Lenders
at the time of such assignment or participation. Notwithstanding anything contained in this Agreement or any other Loan Document to the
contrary, if any Lender was a Disqualified Lender at the time of the assignment of any Loans or Commitments to such Lender, following
written notice from the Borrower to such Lender and the Administrative Agent and otherwise in accordance with Section 2.19(b), as
applicable: (1) such Lender shall promptly assign all Loans and Commitments held by such Lender to an Eligible Assignee (and the
signature of such Disqualified Lender shall not be required on any such assignment); provided that (A) the Administrative
Agent shall not have any obligation to the Borrower, such Lender or any other Person to find such a replacement Lender, (B) the Borrower
shall not have any obligation to such Disqualified Lender or any other Person to find such a replacement Lender or accept or consent to
any such assignment to itself or any other Person subject to the Borrower’s consent in accordance with Section 9.04(b)(i) and
(C) the assignment of such Loans and/or Commitments, as the case may be, shall be at par plus accrued and unpaid interest and fees;
(2) such Lender shall not have any voting or approval rights under the Loan Documents and shall be excluded in determining whether
all Lenders (or all Lenders of any Class), all affected Lenders (or all affected Lenders of any Class), a Majority in Interest of Lenders
of any Class or the Required Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver
pursuant to Section 9.02); provided that (x) the Commitment of any Disqualified 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 affects any Disqualified Lender adversely and in a manner that is disproportionate to other affected Lenders shall require
the consent of such Disqualified Lender; and (3) no Disqualified Lender is entitled to receive information provided solely to Lenders
by the Administrative Agent or any Lender or will be permitted to attend or participate in meetings attended solely by the Lenders and
the Administrative Agent, other than the right to receive notices or Borrowings, notices or prepayments and other administrative notices
in respect of its Loans or Commitments required to be delivered to Lenders pursuant to Article II.

 

(i)            Notwithstanding
the foregoing, any Affiliated Lender shall be permitted, at its option, to contribute any Term Loans so assigned to such Affiliated Lender
pursuant to this 

 

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Section 9.04 to Holdings or any of its Subsidiaries for purposes of cancellation, which contribution may be made
(including, with the Borrower’s consent, to the Borrower, whether through Holdings or any Intermediate Parent or otherwise), in
exchange for Qualified Equity Interests of Holdings, any Intermediate Parent or the Borrower or Indebtedness of the Borrower to the extent
such Indebtedness is permitted to be incurred (including, if applicable, as a Permitted Refinancing) pursuant to Section 6.01 at
such time.

 

SECTION 9.05 Survival.

 

All covenants, agreements, 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 any 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 the Administrative Agent, any Issuing Bank or any Lender may have
had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall
continue in full force and effect until the Termination Date. The provisions of Sections 2.15, 2.16, 2.17 and 9.03 and Article VIII
shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment
of the Loans and all other amounts payable hereunder, the expiration or termination of the Letters of Credit and the Commitments or the
termination of this Agreement or any provision hereof. Notwithstanding the foregoing or anything else to the contrary set forth in this
Agreement, in the event that, in connection with the refinancing or repayment in full of the credit facilities provided for herein, an
Issuing Bank shall have provided to the Administrative Agent a written consent to the release of the Revolving Lenders from their obligations
hereunder with respect to any Letter of Credit issued by such Issuing Bank (whether as a result of the obligations of the Borrower (and
any other account party) in respect of such Letter of Credit having been collateralized in full by a deposit of cash with such Issuing
Bank or being supported by a letter of credit that names such Issuing Bank as the beneficiary thereunder, or otherwise), then from and
after such time such Letter of Credit shall cease to be a “Letter of Credit” outstanding hereunder for all purposes of this
Agreement and the other Loan Documents, and the Revolving Lenders shall be deemed to have no participations in such Letter of Credit,
and no obligations with respect thereto, under Section 2.05(e) or (f).

 

SECTION 9.06 Counterparts;
Integration; Effectiveness.

 

This Agreement may be executed
in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which
when taken together shall constitute a single contract. This Agreement, the other Loan Documents and any separate letter agreements with
respect to fees payable to the Administrative Agent or the syndication of the Loans and Commitments constitute the entire contract among
the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating
to the subject matter hereof. Except as provided in Section 4.01, 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, and thereafter shall be binding upon and inure to the benefit of the parties hereto
and their respective successors 

 

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and assigns. Delivery of an executed counterpart of a signature page of this Agreement by facsimile
or other electronic means shall be effective as delivery of an original executed counterpart of this Agreement.

 

SECTION 9.07 Severability.

 

Any provision of this Agreement
held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such
invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof;
and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.
Without limiting the foregoing provisions of this Section 9.07, 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 or the Issuing Bank, as applicable, then such provisions shall be deemed to be in effect only to the extent not so limited.

 

SECTION 9.08 Right
of Setoff.

 

If a Specified Event of Default
shall have occurred and be continuing, each Lender and each Issuing Bank (each, a “Setoff Party”) is hereby authorized
at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special,
time or demand, provisional or final, in whatever currency, but not withholding or payroll accounts, employee benefits accounts, de minimis
accounts or other accounts used exclusively for taxes or fiduciary or trust purposes) at any time held and other obligations (in whatever
currency) at any time owing by such Setoff Party to or for the credit or the account of the Borrower (excluding, for the avoidance of
doubt, any Settlement Assets except to effect Settlement Payments such Setoff Party is obligated to make to a third party in respect of
such Settlement Assets or as otherwise agreed in writing between the Borrower and such Setoff Party) against any of and all the obligations
of the Borrower then due and owing under this Agreement held by such Setoff Party, irrespective of whether or not such Setoff Party shall
have made any demand under this Agreement and although such obligations are owed to a branch or office of such Setoff Party 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 2.22 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 Secured Obligations
owing to such Defaulting Lender as to which it exercised such right of setoff. The applicable Setoff Party shall notify the Borrower and
the Administrative Agent of such setoff and application; provided that any failure to give or any delay in giving such notice shall
not affect the validity of any such setoff and application under this Section. The rights of each Setoff Party under this Section are
in addition to other rights and remedies (including other rights of setoff) that such Setoff Party may have. Notwithstanding the foregoing,
no amount set off from any Loan Party (other than the Borrower) shall be applied to any Excluded Swap Obligation of such Loan Party (other
than the Borrower).

 

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SECTION 9.09 Governing
Law; Jurisdiction; Consent to Service of Process.

 

(a)            This
Agreement shall be construed in accordance with and governed by the laws of the State of New York.

 

(b)          Each
party hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of the Supreme
Court 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
sitting in New York County, and any appellate court from any thereof, in any action or proceeding arising out of or relating to any Loan
Document, or for recognition or enforcement of any judgment, and each of the parties hereto hereby 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 or, to the extent
permitted by law, in such Federal court except to the extent required by any Security Document to be brought in another jurisdiction pursuant
to the terms of such Security Document. 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 any
Loan Document shall affect any right that the Administrative Agent, any Issuing Bank or any Lender may otherwise have to bring any action
or proceeding relating to any Loan Document against Holdings or the Borrower or their respective properties in the courts of any jurisdiction.

 

(c)            Each
party hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection
that it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to any Loan Document
in any court referred to in paragraph (b) of this Section 9.09. Each of the parties hereto hereby irrevocably waives, to
the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such
court.

 

(d)          EACH
PARTY TO THIS AGREEMENT IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 9.01. NOTHING IN
ANY LOAN DOCUMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS AGREEMENT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

 

SECTION 9.10 WAIVER
OF JURY TRIAL.

 

EACH PARTY HERETO HEREBY 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 ANY LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER
THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY 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

 

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INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS
IN THIS SECTION 9.10.

 

SECTION 9.11 Headings.

 

Article and Section headings
and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and shall not affect the construction
of, or be taken into consideration in interpreting, this Agreement.

 

SECTION 9.12 Confidentiality.

 

(a)            Each
of the Administrative Agent, the Issuing Banks and the Lenders agrees to maintain the confidentiality of the Information (as defined
below), except that Information may be disclosed (i) to its Affiliates (other than Excluded Affiliates) and its and their respective
directors, officers, employees, trustees and agents, including accountants, legal counsel and other agents and advisors and any numbering,
administration or settlement service providers on a “need-to-know” basis (it being understood that the Persons to whom such
disclosure is made will be informed of the confidential nature of such Information and will be instructed to keep such Information confidential
and any failure of such Persons acting on behalf of the Administrative Agent, any Issuing Bank or the relevant Lender to comply with
this Section 9.12 shall constitute a breach of this Section 9.12 by the Administrative Agent, such Issuing Bank or the relevant
Lender, as applicable), (ii) to the extent requested by any regulatory authority or self-regulatory authority, required by applicable
law or by any subpoena or similar legal process or in connection with the exercise of remedies hereunder or any suit, action or proceeding
relating to this Agreement or the enforcement of rights hereunder; provided that (x) solely to the extent permitted by law
and other than in connection with routine audits and reviews by regulatory and self-regulatory authorities, each Lender and the Administrative
Agent shall promptly notify the Borrower of any such requested or required disclosure in connection with any legal or regulatory proceeding
and (y) in the case of clause (ii) only, each Lender and the Administrative Agent shall use commercially reasonable efforts
to ensure that such Information is kept confidential in connection with the exercise of such remedies, (iii) to any other party
to this Agreement, (iv) subject to an agreement containing confidentiality undertakings substantially similar to those of this Section 9.12
(but other than to a Disqualified Lender), to (A) any assignee of or Participant in, or any prospective assignee of or Participant
in, any of its rights or obligations under this Agreement, (B) any actual or prospective counterparty (or its advisors) to any Swap
Agreement or derivative transaction relating to any Loan Party or its Subsidiaries and its obligations under the Loan Documents or (C) any
pledgee referred to in Section 9.04(d), (v) if required by any rating agency; provided that prior to any such disclosure,
such rating agency shall have agreed in writing to maintain the confidentiality of such Information, (vi) to market data collectors
and service providers providing administrative and ministerial services solely in connection with the syndication, administration and
management of the Loan Documents and the facilities (limited to identities of parties, maturity dates, interest rates and any other information
consented to by the Administrative Borrower), or (vii) to the extent such Information (x) becomes publicly available other
than as a result of a breach of this Section 9.12 or (y) becomes available to the Administrative Agent, any Issuing Bank, any
Lender or any of their respective Affiliates on a nonconfidential basis from a source other than Holdings, the Borrower or any Subsidiary,
which source is not known (after due inquiry) by the recipient of such information to be subject to a confidentiality obligation. For
the purposes hereof, 

 

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“Information” means all information received from or on behalf of Holdings or the Borrower relating to Holdings,
any Intermediate Parent, the Borrower, any other Subsidiary or their business other than any such information that is available to the
Administrative Agent, any Issuing Bank or any Lender on a nonconfidential basis prior to disclosure by Holdings, any Intermediate Parent,
the Borrower or any Subsidiary. Notwithstanding the foregoing, no such information shall be disclosed to a Disqualified Lender that constitutes
a Disqualified Lender at the time of such disclosure without the Borrower’s prior written consent.

 

(b)          EACH
LENDER ACKNOWLEDGES THAT INFORMATION (AS DEFINED IN SECTION 9.12(a)) FURNISHED TO IT PURSUANT TO THIS AGREEMENT MAY INCLUDE
MATERIAL NON-PUBLIC INFORMATION CONCERNING HOLDINGS, THE BORROWER, THE LOAN PARTIES AND THEIR RELATED PARTIES OR THEIR RESPECTIVE SECURITIES
AND CONFIRMS THAT IT HAS DEVELOPED COMPLIANCE PROCEDURES REGARDING THE USE OF MATERIAL NON-PUBLIC INFORMATION AND THAT IT WILL HANDLE
SUCH MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH THOSE PROCEDURES AND APPLICABLE LAW, INCLUDING FEDERAL AND STATE SECURITIES
LAWS.

 

(c)            ALL
INFORMATION, INCLUDING REQUESTS FOR WAIVERS AND AMENDMENTS FURNISHED BY THE BORROWER OR THE ADMINISTRATIVE AGENT PURSUANT TO, OR
IN THE COURSE OF ADMINISTERING, THIS AGREEMENT, WILL BE SYNDICATE-LEVEL INFORMATION, WHICH MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION
ABOUT HOLDINGS, THE BORROWER, THE LOAN PARTIES AND THEIR RELATED PARTIES OR THEIR RESPECTIVE SECURITIES. ACCORDINGLY, EACH LENDER REPRESENTS
TO THE BORROWER AND THE ADMINISTRATIVE AGENT THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT WHO MAY RECEIVE
INFORMATION THAT MAY CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES AND APPLICABLE LAW, INCLUDING
FEDERAL AND STATE SECURITIES LAWS.

 

SECTION 9.13 USA
PATRIOT Act.

 

Each Lender that is subject
to the USA PATRIOT Act 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, it is required to obtain, verify and record information that identifies each Loan Party, which
information includes the name and address of each Loan Party and other information that will allow such Lender or the Administrative Agent,
as applicable, to identify each Loan Party in accordance with the USA PATRIOT Act.

 

SECTION 9.14 Release
of Liens and Guarantees.

 

(a)            A
Loan Party (other than Holdings or the Administrative Borrower) shall automatically be released from its obligations under the Loan Documents,
and all security interests created by the Security Documents in Collateral owned by such Loan Party (other than Holdings or the Administrative
Borrower) shall be automatically released, (1) upon the consummation of any transaction or designation permitted by this Agreement
as a result of which such Loan Party (other

 

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than Holdings or the Administrative Borrower) ceases to be a Restricted Subsidiary (including
pursuant to a permitted merger or amalgamation with a Subsidiary that is not a Loan Party or a designation as an Unrestricted Subsidiary)
or becomes an Excluded Subsidiary or (2) upon the request of the Borrower, in connection with a transaction permitted under this
Agreement, as a result of which such Loan Party (other than Holdings or the Administrative Borrower) ceases to be a Wholly Owned Subsidiary;
provided that, if so required by this Agreement, the Required Lenders shall have consented to such transaction and the terms of
such consent shall not have provided otherwise. Upon any sale or other transfer by any Loan Party (other than to any other Loan Party)
of any Collateral in a transaction permitted under this Agreement, or upon the effectiveness of any written consent to the release of
the security interest created under any Security Document in any Collateral or upon any Collateral becoming an Excluded Asset, the security
interests in such Collateral created by the Security Documents shall be automatically released. Upon the release of Holdings or any Loan
Party from its Guarantee in compliance with this Agreement, the security interest in any Collateral owned by Holdings or such Loan Party
created by the Security Documents shall be automatically released. Upon the designation of a Restricted Subsidiary as an Unrestricted
Subsidiary in compliance with this Agreement, the security interest created by the Security Documents in the Equity Interests of such
new Unrestricted Subsidiary shall automatically be released. To the extent the release of any Lien in any Collateral is approved, authorized
or ratified in writing by the Required Lenders (or such other percentage of the Lenders whose consent may be required in accordance with
Section 9.02), the security interest in such Collateral shall be automatically released. To the extent the release of any security
interest in any Collateral is required to effect any sale or other disposition of Collateral in connection with any exercise of remedies
of the Collateral Agent pursuant to the Loan Documents, the security interest in such Collateral shall be automatically released. 
In addition, liens shall be released and guarantees released in accordance with the terms of the Security Documents and the Guarantee.
Upon the Termination Date all obligations under the Loan Documents and all security interests created by the Security Documents shall
be automatically released. Any such release shall not in any manner discharge, affect, or impair the Obligations (other than those being
discharged or released) or any Liens (other than those being discharged or released) of the Loan Parties in respect of all interests retained
by the Loan Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral except to the
extent comprised of Excluded Assets or otherwise released in accordance with the provisions of the Loan Documents. In connection with
any termination or release pursuant to this Section 9.14, without the further consent of any Lender, Issuing Bank or other Secured
Party, the Administrative Agent or the Collateral Agent, as the case may be, shall execute and deliver to any Loan Party, at such Loan
Party’s expense, all documents that such Loan Party shall reasonably request to evidence or to file or register in any office such
termination or release so long as the Borrower or applicable Loan Party shall have provided the Administrative Agent or the Collateral
Agent, as the case may be, such certifications or documents as the Administrative Agent or the Collateral Agent, as the case may be, shall
reasonably request in order to demonstrate compliance with this Agreement. The Administrative Agent or the Collateral Agent, as the case
may be, will, at the Borrower’s expense, execute and deliver to the applicable Loan Party or to file or register in any office such
documents as such Loan Party may reasonably request to subordinate its Lien on any property granted to or held by the Administrative Agent
or the Collateral Agent, as the case may be, under any Loan Document to the holder of any Lien on such property that is permitted by Section 6.02(ii) (but
only pursuant to clauses (d), (j) and (k) of the definition of “Permitted Encumbrances), (iv), (v), (xi),

 

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(xii), (xv),
(xxii) (but only with respect to any such liens securing Indebtedness permitted under Section 6.01(a)(viii)), (xxiii), (xxix) or
(xxx).

 

(b)           Each
of the Lenders and the Issuing Bank irrevocably authorizes the Administrative Agent or the Collateral Agent, as the case may be, to (i) provide
any release or evidence of release, termination or subordination contemplated by this Section 9.14 (and upon request by the Administrative
Agent or the Collateral Agent, as the case may be, at any time, the Required Lenders will confirm in writing the Administrative Agent’s
authority or the Collateral Agent’s authority, as the case may be, to release or subordinate its interest in particular types or
items of property, or to release any Loan Party from its obligations under any Loan Document, in each case in accordance with the terms
of the Loan Documents and this Section 9.14), (ii) enter into subordination or intercreditor agreements with respect to Indebtedness
to the extent the Administrative Agent or Collateral Agent is otherwise contemplated herein as being a party to such intercreditor or
subordination agreement, in each case to the extent such agreements, at the time they are first entered into, are substantially consistent
with the terms set forth on Exhibit E-1 or E-2 annexed hereto, together with (A) any immaterial changes and (B) material
changes thereto in light of prevailing market conditions, which material changes shall be posted to the Lenders not less than five Business
Days before execution thereof and, if the Required Lenders shall not have objected to such changes within five Business Days after posting,
then the Required Lenders shall be deemed to have agreed that the Administrative Agent’s and/or Collateral Agent’s entry
into such intercreditor agreement (with such changes) is reasonable and to have consented to such intercreditor agreement (with such
changes) and to the Administrative Agent’s and/or Collateral Agent’s execution thereof, in each case in form and substance
reasonably satisfactory to the Administrative Agent and/or Collateral Agent (it being understood that junior Liens are not required to
be pari passu with other junior Liens, and that Indebtedness secured by junior Liens may secured by Liens that are pari passu with, or
junior in priority to, other Liens that are junior to the Liens securing the Obligations); and (iii) enter into and sign for and
on behalf of the Lenders as Secured Parties the Security Documents for the benefit of the Lenders and the other Secured Parties.

 

SECTION 9.15
No Advisory or Fiduciary Responsibility.

 

In connection with all aspects
of each transaction contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other
Loan Document), each of the Borrower and Holdings acknowledges and agrees that (i) (A) the arranging and other services regarding
this Agreement provided by the Agents, the Issuing Banks and the Lenders are arm’s-length commercial transactions between the Borrower,
Holdings and their respective Affiliates, on the one hand, and the Agents, the Issuing Banks and the Lenders on the other hand, (B) each
of the Borrower and Holdings has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate,
and (C) each of the Borrower and Holdings 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) each of the Agents, the Issuing Banks and
the Lenders 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, Holdings, any of their respective Affiliates
or any other Person and (B) none of the Agents, the Issuing Banks and the Lenders has any obligation to the Borrower, Holdings or
any of their respective Affiliates with respect to the transactions

 

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contemplated hereby except those obligations expressly set forth
herein and in the other Loan Documents; and (iii) the Administrative
Agents, the Issuing Banks and the Lenders and their respective Affiliates may be engaged in a broad range of transactions
that involve interests that differ from those of the Borrower, Holdings and their respective Affiliates, and none of the Administrative
Agents, the Issuing Banks and the Lenders has any obligation to disclose any of such interests to the Borrower, Holdings or
any of their respective Affiliates.

 

SECTION 9.16
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.

 

SECTION 9.17
Judgment Currency.

 

If, for the purposes of obtaining
judgment in any court, it is necessary to convert a sum due hereunder or any other Loan Document in one currency into another currency,
the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase
the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the
Borrower or any other Loan Party in respect of any such sum due from it to the Secured Parties hereunder or under the other Loan Documents
shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated
in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the
extent that on the Business Day following receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency,
the Administrative Agent may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency.
If the amount of the Agreement Currency so purchased is less than the sum originally due to the Administrative Agent from the Borrower
in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative
Agent or the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater
than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount of any
excess to the Borrower (or to any other Person who may be entitled thereto under Requirements of Law).

 

SECTION 9.18
Obligations Joint and Several.

 

The Borrowers shall have joint
and several liability in respect of all Secured Obligations hereunder without regard to any defense (other than the defense of payment),
setoff or

 

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counterclaim which may at any time be available to or be asserted by any other Loan Party against the Lenders, or by any other
circumstance whatsoever (with or without notice to or knowledge of the Borrowers) which constitutes, or might be construed to constitute,
an equitable or legal discharge of the Borrowers’ liability hereunder, in bankruptcy or in any other instance, and such Secured
Obligations of the Borrowers shall not be conditioned or contingent upon the pursuit by the Lenders or any other person at any time of
any right or remedy against the Borrowers or against any other person which may be or become liable in respect of all or any part of
the Secured Obligations or against any Collateral or Guarantee therefor or right of offset with respect thereto. The Borrowers hereby
acknowledge that this Agreement is the independent and several obligation of each Borrower (regardless of which Borrower shall have delivered
a Borrowing Request) and may be enforced against each Borrower separately, whether or not enforcement of any right or remedy hereunder
has been sought against any other Borrower. Each Borrower hereby expressly waives, with respect to any of the Loans made to any other
Borrower hereunder and any of the amounts owing hereunder by such other Loan Parties in respect of such Loans, diligence, presentment,
demand of payment, protest and all notices whatsoever, and any requirement that the Administrative Agent or any Lender exhaust any right,
power or remedy or proceed against such other Loan Parties under this Agreement or any other agreement or instrument referred to herein
or against any other person under any other guarantee of, or security for, any of such amounts owing hereunder.

 

SECTION 9.19
Cashless Settlement.

 

Notwithstanding anything to
the contrary contained in this Agreement, any Lender may exchange, continue or rollover all or a portion of its Loans in connection with
any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless
settlement mechanism approved by the Borrower, the Administrative Agent and such Lender.

 

SECTION 9.20
Acknowledgement and Consent to Bail-In of EEA Financial Institutions.

 

Notwithstanding anything to the contrary in any
Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any
liability of any EEAAffected
Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down
and conversion powers of an EEAthe
applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

 

(a)            the
application of any Write-Down and Conversion Powers by an EEAthe
applicable Resolution Authority to any such liabilities arising hereunder which may be
payable to it by any party hereto that is an EEAAffected
Financial Institution; and

 

(b)           the
effects of any Bail-In Action on any such liability, including, if applicable:

 

(i) (i)        a
reduction in full or in part or cancellation of any such liability;

 

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

 

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

 

SECTION 9.21
Erroneous
Payments.

 

(a)            Each
Lender and each Issuing Bank (and each Participant of any of the foregoing, by its acceptance of a Participation) hereby acknowledges
and agrees that if the Administrative Agent notifies such Lender or Issuing Bank that the Administrative Agent has determined in its
sole discretion that any funds (or any portion thereof) received by such Lender or Issuing Bank (any of the foregoing, a “Recipient”)
from the Administrative Agent (or any of its Affiliates) were erroneously transmitted to, or otherwise erroneously or mistakenly received
by, such Recipient (whether or not known to such Recipient) (whether as a payment, prepayment or repayment of principal, interest, fees
or otherwise; individually and collectively, a “Payment”) and demands the return of such Payment, such Recipient shall promptly,
but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any such Payment as to which
such a demand was made. A notice of
the Administrative Agent to any
Recipient under this Section shall be conclusive, absent manifest error.

 

(b)           Without
limitation of clause (a) above, each Recipient further acknowledges and agrees that if such Recipient receives a Payment from the
Administrative Agent (or any of its Affiliates) (x) that is in an amount, or on a date different from the amount and/or date specified
in a notice of payment sent by the Administrative Agent (or any of its Affiliates) with respect to such Payment (a “Payment Notice”),
(y) that was not preceded or accompanied by a Payment Notice, or (z) that such Recipient otherwise becomes aware was transmitted,
or received, in error or by mistake (in whole or in part), in each case, it understands and agrees at the time of receipt of such Payment
that an error has been made (and that it is deemed to have knowledge of such error) with respect to such Payment. Each Recipient agrees
that, in each such case, it shall promptly notify the Administrative Agent of such occurrence and, upon demand from the Administrative
Agent, it shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of any
such Payment (or portion thereof) as to which such a demand was made.

 

(c)           Any
Payment required to be returned by a Recipient under this Section shall be made in same day funds in the currency so received, together
with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such Recipient
to the date such amount is repaid to the Administrative Agent at the greater of the Federal Funds Effective Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect. Each
Recipient hereby agrees that it shall not assert and, to the fullest extent permitted by applicable law, hereby waives, any right to
retain such Payment, and any claim, counterclaim, defense or right of set-off

 

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or recoupment or similar right to any demand by the Administrative
Agent for the return of any Payment received, including without limitation any defense based on “discharge for value” or
any similar doctrine.

 

(d)           The
Borrower and each other Loan Party hereby agrees that (x) in the event an erroneous Payment (or portion thereof) is not recovered
from any Lender that has received such Payment (or portion thereof) for any reason, the Administrative Agent shall be subrogated to all
the rights of such Lender with respect to such amount and (y) an erroneous Payment shall not pay, prepay, repay, discharge or otherwise
satisfy any Loan Document Obligations owed by the Borrower or any other Loan Party except, in each case, to the extent such erroneous
Payment is,
and with respect to the
amount of such erroneous Payment that is, comprised of funds of the Borrower or any other Loan Party.

 

(e)            Subject
to clause (d) above, nothing in this Section 9.21 shall
be deemed to increase,
limit or otherwise modify the obligations of the Loan Parties under the Loan Documents. Notwithstanding anything herein or in any other
Loan Documents or to the extent arising under applicable Law, the Borrowers and the other Loan Parties (and their respective Subsidiaries)
shall have no liability, obligation, responsibility or incurrence under this Section 9.21, nor does this Section 9.21 effect
the acquisition, assumption, incurrence or imposition by the Borrowers or any of their respective Subsidiaries of any additional rights
or obligations. In no circumstances shall any Default or Event of Default arise (i) under this Section 9.21 or (ii) as
a result of any event or matter governed by this Section 9.21 that does not primarily result from an act or omission by the Borrower
or any of its subsidiaries otherwise constituting a Default or Event of Default hereunder.

 

SECTION 9.22
Acknowledgement
Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for Swap Agreements
or any other agreement or instrument that is a QFC (such support “QFC Credit Support” and each such QFC a “Supported
QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation
under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (together with
the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit
Support (with the provisions below applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to
be governed by the laws of the State of New York and/or of the United States or any other state of the United States):

 

In
the event a Covered Entity that is party to a Supported QFC (each, a “Covered Entity”) becomes subject to a proceeding under
a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and
obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such
QFC Credit Support) from such Covered Entity will be effective to the same extent as the transfer would be effective under the U.S. Special
Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed
by the laws of the United States or a state of the United States. In the event a Covered Entity or a BHC Act Affiliate of a Covered Entity
becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise
apply to such Supported QFC or any QFC Credit Support that may be

 

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exercised against such Covered Entity are permitted to be exercised
to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the
Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it
is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights
of any Covered Entity with respect to a Supported QFC or any QFC Credit Support.

 

[Remainder of Page Intentionally Left
Blank.]

 

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

 

	 	ATKINS INTERMEDIATE HOLDINGS, LLC
	 	as Holdings

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK PARENT MERGER SUB, INC.
	 	as Parent Merger Sub

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK MERGER SUB 1, INC.
	 	as Company Merger Sub 1

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK MERGER SUB 2, INC.
	 	as Company Merger Sub 2

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK MERGER SUB 3, INC.
	 	as Company Merger Sub 3

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK MERGER SUB 4, INC.
	 	as Company Merger Sub 4 and the Initial Administrative Borrower

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

 

    

     

    

 

	 	The undersigned hereby confirms that, as a result of the
    Company Merger or the Parent Merger, as applicable, it hereby assumes all of the rights and obligations of the applicable Loan Party
    under this Agreement (in furtherance of, and not in lieu of, any assumption or deemed assumption as a matter of law) and hereby is
    joined to this Agreement as a Borrower or Loan Party, as applicable, under this Agreement. The undersigned further agrees to abide
    by and be bound by all of the terms of this Agreement in accordance with its respective terms and conditions including the representations,
    warranties, covenants, assurances and indemnifications herein, as though this Agreement had been made, executed and delivered by
    the undersigned as a “Borrower” or “Loan Party”, as applicable, hereunder.

 

	 	NCP-ATK HOLDINGS, INC.
	 	following the Acquisition, as successor to Company Merger Sub 1 by
    operation of law, as a Borrower

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	ATKINS NUTRITIONALS HOLDINGS, INC.
	 	following the Acquisition, as successor to Company Merger Sub 2 by
    operation of law, as a Borrower

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	ATKINS NUTRITIONALS HOLDINGS II, INC.
	 	following the Acquisition, as successor to Company Merger Sub 3 by
    operation of law, as a Borrower

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

 

    

     

    

 

	 	ATKINS NUTRITIONALS, INC.
	 	following the Acquisition, as successor to Company Merger Sub 4 by
    operation of law, as the Administrative Borrower

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

	 	CONYERS PARK ACQUISITION CORP.
	 	As Parent and, following the Acquisition, as successor to Parent Merger Sub by operation of law,
    as a Loan Party

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

 

    

     

    

 

	 	BARCLAYS BANK PLC,
	 	as the Administrative Agent, an Issuing Bank and a Lender

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to
Credit Agreement]

 

    

     

    

 

	 	GOLDMAN SACHS BANK USA,
	 	as an Issuing Bank and a Revolving Lender

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

 

    

     

    

 

	 	BMO HARRIS BANK, N.A.,
	 	as an Issuing Bank and a Revolving Lender

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

 

    

     

    

 

	 	SUNTRUST BANK,
	 	as an Issuing Bank and a Revolving Lender

 

	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Credit Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}]]