Document:

EX-4.1

 Exhibit 4.1 

EXECUTION VERSION 
  

 
  

PRIME SECURITY SERVICES BORROWER, LLC 

PRIME FINANCE INC. 
 as
Issuers 
 and the Subsidiary Guarantors party hereto from time to time 

6.250% Second-Priority Senior Secured Notes due 2028 
  

 
 INDENTURE 

Dated as of January 28, 2020 
  

 
 Wells Fargo
Bank, National Association 
 as Trustee 

and 
 Wells Fargo Bank, National
Association 
 as Collateral Agent 
  

 
  

 TABLE OF CONTENTS 

 

					
	 	  	 	  	Page
	ARTICLE I	  	
		
	DEFINITIONS AND INCORPORATION BY REFERENCE	  	
	SECTION 1.01	  	Definitions	  	1
	SECTION 1.02	  	Other Definitions	  	56
	SECTION 1.03	  	Rules of Construction	  	57
	SECTION 1.04	  	No Incorporation by Reference of Trust Indenture Act	  	58
		
	ARTICLE II	  	
		
	THE NOTES	  	
			
	SECTION 2.01	  	Amount of Notes	  	58
	SECTION 2.02	  	Form and Dating	  	59
	SECTION 2.03	  	Execution and Authentication	  	59
	SECTION 2.04	  	Registrar and Paying Agent	  	60
	SECTION 2.05	  	Paying Agent to Hold Money in Trust	  	61
	SECTION 2.06	  	Holder Lists	  	61
	SECTION 2.07	  	Transfer and Exchange	  	61
	SECTION 2.08	  	Replacement Notes	  	62
	SECTION 2.09	  	Outstanding Notes	  	63
	SECTION 2.10	  	Cancellation	  	63
	SECTION 2.11	  	Defaulted Interest	  	63
	SECTION 2.12	  	CUSIP Numbers, ISINs, Etc.	  	63
	SECTION 2.13	  	Calculation of Principal Amount of Notes	  	64
		
	ARTICLE III	  	
		
	REDEMPTION	  	
			
	SECTION 3.01	  	Redemption	  	64
	SECTION 3.02	  	Applicability of Article	  	64
	SECTION 3.03	  	Notices to Trustee	  	64
	SECTION 3.04	  	Selection of Notes to Be Redeemed	  	65
	SECTION 3.05	  	Notice of Optional Redemption	  	65
	SECTION 3.06	  	Effect of Notice of Redemption	  	67
	SECTION 3.07	  	Deposit of Redemption Price	  	67
	SECTION 3.08	  	Notes Redeemed in Part	  	67
		
	ARTICLE IV	  	
		
	COVENANTS	  	
			
	SECTION 4.01	  	Payment of Notes	  	67
	SECTION 4.02	  	Reports and Other Information	  	68
	SECTION 4.03	  	Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock	  	70
	SECTION 4.04	  	Limitation on Restricted Payments	  	79

  
 i 

 TABLE OF CONTENTS 

(cont’d) 
  

  

							
	 	  	 	  	Page	 
	 SECTION 4.05
	  	 Dividend and Other Payment Restrictions Affecting Subsidiaries
	  	 	87	 
	 SECTION 4.06
	  	 Asset Sales
	  	 	89	 
	 SECTION 4.07
	  	 Transactions with Affiliates
	  	 	92	 
	 SECTION 4.08
	  	 Change of Control
	  	 	96	 
	 SECTION 4.09
	  	 Compliance Certificate
	  	 	98	 
	 SECTION 4.10
	  	 Further Instruments and Acts
	  	 	98	 
	 SECTION 4.11
	  	 Future Subsidiary Guarantors
	  	 	98	 
	 SECTION 4.12
	  	 Liens
	  	 	99	 
	 SECTION 4.13
	  	 After-Acquired Collateral
	  	 	100	 
	 SECTION 4.14
	  	 Maintenance of Office or Agency
	  	 	100	 
	 SECTION 4.15
	  	 Covenant Suspension
	  	 	101	 
		
	ARTICLE V	  			
		
	SUCCESSOR COMPANY	  			
			
	SECTION 5.01	  	When Issuers and Subsidiary Guarantors May Merge or Transfer Assets	  	 	102	 
		
	ARTICLE VI	  			
		
	DEFAULTS AND REMEDIES	  			
			
	SECTION 6.01	  	Events of Default	  	 	104	 
	 SECTION 6.02
	  	 Acceleration
	  	 	106	 
	 SECTION 6.03
	  	 Other Remedies
	  	 	107	 
	 SECTION 6.04
	  	 Waiver of Past Defaults
	  	 	107	 
	 SECTION 6.05
	  	 Control by Majority
	  	 	108	 
	 SECTION 6.06
	  	 Limitation on Suits
	  	 	108	 
	 SECTION 6.07
	  	 Contractual Rights of the Holders to Receive Payment
	  	 	108	 
	 SECTION 6.08
	  	 Collection Suit by Trustee
	  	 	108	 
	 SECTION 6.09
	  	 Trustee May File Proofs of Claim
	  	 	109	 
	 SECTION 6.10
	  	 Priorities
	  	 	109	 
	 SECTION 6.11
	  	 Undertaking for Costs
	  	 	110	 
	 SECTION 6.12
	  	 Waiver of Stay or Extension Laws
	  	 	110	 
		
	ARTICLE VII	  			
		
	TRUSTEE	  			
			
	SECTION 7.01	  	Duties of Trustee	  	 	110	 
	 SECTION 7.02
	  	 Rights of Trustee
	  	 	111	 
	 SECTION 7.03
	  	 Individual Rights of Trustee
	  	 	113	 
	 SECTION 7.04
	  	 Trustee’s Disclaimer
	  	 	113	 
	 SECTION 7.05
	  	 Notice of Defaults
	  	 	114	 
	 SECTION 7.06
	  	 Compensation and Indemnity
	  	 	114	 
	 SECTION 7.07
	  	 Replacement of Trustee
	  	 	115	 
	 SECTION 7.08
	  	 Successor Trustee by Merger
	  	 	116	 

  
 ii 

 TABLE OF CONTENTS 

(cont’d) 
  

							
	 	  	 	  	Page	 
	SECTION 7.09	  	Eligibility; Disqualification	  	 	116	 
	SECTION 7.10	  	Preferential Collection of Claims Against the Issuers	  	 	116	 
	SECTION 7.11	  	Limitation on Duty of Trustee in Respect of Collateral; Indemnification	  	 	116	 
		
	ARTICLE VIII	  			
		
	DISCHARGE OF INDENTURE; DEFEASANCE	  			
			
	 SECTION 8.01
	  	 Discharge of Liability on Notes; Defeasance
	  	 	117	 
	SECTION 8.02	  	Conditions to Defeasance	  	 	119	 
	SECTION 8.03	  	Application of Trust Money	  	 	120	 
	SECTION 8.04	  	Repayment to Issuers	  	 	120	 
	SECTION 8.05	  	Indemnity for U.S. Government Obligations	  	 	120	 
	SECTION 8.06	  	Reinstatement	  	 	121	 
		
	ARTICLE IX	  			
		
	AMENDMENTS AND WAIVERS	  			
			
	 SECTION 9.01
	  	 Without Consent of the Holders
	  	 	121	 
	SECTION 9.02	  	With Consent of the Holders	  	 	122	 
	SECTION 9.03	  	Revocation and Effect of Consents and Waivers	  	 	123	 
	SECTION 9.04	  	Notation on or Exchange of Notes	  	 	124	 
	SECTION 9.05	  	Trustee to Sign Amendments	  	 	124	 
	SECTION 9.06	  	Additional Voting Terms; Calculation of Principal Amount	  	 	125	 
		
	ARTICLE X	  			
		
	RANKING OF NOTE LIENS	  			
			
	 SECTION 10.01
	  	 Relative Rights
	  	 	125	 
		
	ARTICLE XI	  			
		
	COLLATERAL	  			
			
	SECTION 11.01	  	Security Documents	  	 	126	 
	SECTION 11.02	  	Collateral Agent	  	 	126	 
	SECTION 11.03	  	Appointment and Authorization of Actions to Be Taken	  	 	128	 
	SECTION 11.04	  	Release of Liens	  	 	129	 
	SECTION 11.05	  	Powers Exercisable by Receiver or Trustee	  	 	132	 
	SECTION 11.06	  	Release Upon Termination of the Issuers’ Obligations	  	 	132	 
	SECTION 11.07	  	Designations	  	 	132	 

  
 iii 

 TABLE OF CONTENTS 

(cont’d) 
  

  

							
	 	  	 	  	Page	 
	ARTICLE XII	  			
		
	GUARANTEE	  			
	 SECTION 12.01
	  	 Subsidiary Guarantee
	  	 	133	 
	 SECTION 12.02
	  	 Limitation on Liability
	  	 	135	 
	 SECTION 12.03
	  	 Successors and Assigns
	  	 	136	 
	 SECTION 12.04
	  	 No Waiver
	  	 	136	 
	 SECTION 12.05
	  	 Modification
	  	 	136	 
	 SECTION 12.06
	  	 Execution of Supplemental Indenture for Future Subsidiary Guarantors
	  	 	137	 
	 SECTION 12.07
	  	 Non-Impairment
	  	 	137	 
		
	ARTICLE XIII	  			
		
	MISCELLANEOUS	  			
			
	 SECTION 13.01
	  	 Notices
	  	 	137	 
	 SECTION 13.02
	  	 Communication by the Holders with Other Holders
	  	 	138	 
	 SECTION 13.03
	  	 Certificate and Opinion as to Conditions Precedent
	  	 	139	 
	 SECTION 13.04
	  	 Statements Required in Certificate or Opinion
	  	 	139	 
	 SECTION 13.05
	  	 When Notes Disregarded
	  	 	139	 
	 SECTION 13.06
	  	 Rules by Trustee, Paying Agent and Registrar
	  	 	139	 
	 SECTION 13.07
	  	 Legal Holidays
	  	 	140	 
	 SECTION 13.08
	  	 GOVERNING LAW
	  	 	140	 
	 SECTION 13.09
	  	 No Recourse Against Others
	  	 	140	 
	 SECTION 13.10
	  	 Successors
	  	 	140	 
	 SECTION 13.11
	  	 Multiple Originals
	  	 	140	 
	 SECTION 13.12
	  	 Table of Contents; Headings
	  	 	140	 
	 SECTION 13.13
	  	 Indenture Controls
	  	 	140	 
	 SECTION 13.14
	  	 Severability
	  	 	140	 
	 SECTION 13.15
	  	 Waiver of Jury Trial
	  	 	140	 
	 SECTION 13.16
	  	 Consent to Jurisdiction and Service of Process
	  	 	141	 
	 SECTION 13.17
	  	 USA Patriot Act
	  	 	141	 
	 SECTION 13.18
	  	 Intercreditor Agreement
	  	 	141	 

  

					
	Appendix A	  	–	  	Provisions Relating to Initial Notes and Additional Notes

  
 iv 

 TABLE OF CONTENTS 

(cont’d) 
  

 EXHIBIT INDEX 

 

					
	 Exhibit A
	  	 –
	  	 Form of Initial Note

	 Exhibit B
	  	 –
	  	 Form of Transferee Letter of Representation

	 Exhibit C
	  	 –
	  	 Form of Supplemental Indenture

  
 v 

 INDENTURE, dated as of January 28, 2020, among PRIME SECURITY SERVICES BORROWER, LLC, a
Delaware limited liability company (together with its successors and assigns, the “Company”), PRIME FINANCE INC., a Delaware corporation (together with its successors and assigns, the
“Co-Issuer” and, together with the Company, each an “Issuer” and together, the “Issuers”), the Subsidiary Guarantors party hereto from time to time (as
defined below) and Wells Fargo Bank, National Association, as trustee (the “Trustee”) and as collateral agent (the “Collateral Agent”). 

Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the holders of
(i) $1,300,000,000 aggregate principal amount of the Issuers’ 6.250% Second-Priority Senior Secured Notes due 2028 issued on the date hereof (the “Initial Notes”) and (ii) Additional Notes issued from time to time
(together with the Initial Notes, the “Notes”): 
 ARTICLE I 

DEFINITIONS AND INCORPORATION BY REFERENCE 

SECTION 1.01 Definitions. 

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

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

“Additional Notes” means the Notes issued under the terms of this Indenture subsequent to the Issue Date. 

“Additional Refinancing Amount” means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate
principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof. 

“ADT” means The ADT Security Corporation, a Delaware corporation. 

“ADT First Lien Notes” means ADT’s 6.250% Senior Notes due 2021 issued on October 1, 2013, 3.500% Notes due 2022
issued on July 5, 2012, 4.125% Senior Notes due 2023 issued on January 14, 2013, 4.875% Notes due 2042 issued on July 5, 2012 and 4.875% Notes due 2032 issued on May 2, 2016, in each case including any refinancing, refunding,
extension, renewal or replacement (or successive refinancings, refundings, extensions, renewals or replacements) as a whole, or in part, of any such ADT First Lien Notes. 

 “Affiliate” of any specified Person means any other Person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,”
“controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person,
whether through the ownership of voting securities, by agreement or otherwise. 
 “After-Acquired Property” means any
property of an Issuer or any Subsidiary Guarantor that is not already subject to the Lien under the Security Documents, except to the extent such property is Excluded Property. 

“Applicable Premium” means, with respect to any Note on any applicable redemption date, as determined by the Issuers, the
greater of: 
 (1) 1% of the then outstanding principal amount of the Note; and 

(2) the excess of: 

(a) the present value at such redemption date of (i) the redemption price of the Note, at January 15, 2023 (such
redemption price being set forth in Paragraph 5 of the Note) plus (ii) all required interest payments due on the Note through January 15, 2023 (excluding accrued but unpaid interest), computed using a discount rate equal to the Treasury
Rate as of such redemption date plus 50 basis points; over 
 (b) the then outstanding principal amount of the note. 

“Asset Sale” means: 

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

(2) the issuance or sale of Equity Interests (other than directors’ qualifying shares and shares issued to foreign
nationals or other third parties to the extent required by applicable law) of any Restricted Subsidiary (other than to an Issuer or another Restricted Subsidiary) (whether in a single transaction or a series of related transactions), 

  
 2 

 in each case other than: 

(a) a disposition of Cash Equivalents or Investment Grade Securities or obsolete, damaged or worn out property or equipment in
the ordinary course of business; 
 (b) the disposition of all or substantially all of the assets of the Issuers in a manner
permitted pursuant to Section 5.01 or any disposition that constitutes a Change of Control; 
 (c) any Restricted
Payment or Permitted Investment that is permitted to be made, and is made, under Section 4.04; 
 (d) any disposition of
assets of an Issuer or any Restricted Subsidiary or issuance or sale of Equity Interests of an Issuer or any Restricted Subsidiary, which assets or Equity Interests so disposed or issued have an aggregate Fair Market Value (as determined in good
faith by the Issuers) of less than $100.0 million; 
 (e) any disposition of property or assets, or the issuance of
securities, by a Restricted Subsidiary to an Issuer or by an Issuer or a Restricted Subsidiary to a Restricted Subsidiary; 

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

(g) foreclosure or any similar action with respect to any property or other asset of an Issuer or any of the Restricted
Subsidiaries; 
 (h) any disposition of Equity Interests in, or Indebtedness or other securities of, an Unrestricted
Subsidiary; 
 (i) the lease, assignment, sublease, license or sub-license of any
real or personal property in the ordinary course of business; 
 (j) any sale of inventory or other assets in the ordinary
course of business; 
 (k) any grant in the ordinary course of business of any license of patents, trademarks, know-how or any other intellectual property; 
 (l) any swap of assets, or lease,
assignment or sublease of any real or personal property, in exchange for services (including in connection with any outsourcing arrangements), similar assets or assets used in a similar business of comparable or greater value or usefulness to the
business of the Issuers and the Restricted Subsidiaries as a whole, as determined in good faith by the Issuers; 

  
 3 

 (m) any disposition (including by capital contribution), pledge, factoring,
transfer or sale of (i) Securitization Assets to any Special Purpose Securitization Subsidiary or otherwise any pledge, factoring, transfer or sale in connection with any Permitted Securitization Financing, and (ii) any other assets
subject to Liens securing Permitted Securitization Financings; 
 (n) any financing transaction with respect to property
built or acquired by an Issuer or any Restricted Subsidiary after the Issue Date, including any Sale/Leaseback Transaction or asset securitization permitted by this Indenture; 

(o) dispositions in connection with Permitted Liens; 

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

(q) the sale of any property in a Sale/Leaseback Transaction within twelve months of the acquisition of such property; 

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

(t) any sale, transfer or other disposition to effect the formation of any Subsidiary that is a Delaware Divided LLC;
provided that any such disposition or other allocation of assets (including any equity interests of such Delaware Divided LLC) in connection therewith is otherwise not prohibited under this Indenture; and 

(u) to the extent constituting an Asset Sale, any termination, settlement or extinguishment of Hedging Obligations. 

“Bank Indebtedness” means any and all amounts payable under or in respect of (a) the First Lien Credit Agreement and the
other Credit Agreement Documents, as amended, restated, supplemented, waived, replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time
to time (including after termination of the First Lien Credit Agreement), including any agreement or indenture extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such
agreement or agreements or indenture or indentures or any successor or replacement agreement or agreements or indenture or indentures or increasing the amount loaned or issued thereunder or altering the maturity thereof, including principal, premium
(if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to either Issuer whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges,
expenses, reimbursement obligations, guarantees and all other amounts payable thereunder or in respect thereof (except to 

  
 4 

 
the extent any such refinancing, replacement or restructuring is designated by the Issuers to not be included in the definition of “Bank Indebtedness”) and (b) whether or not the
Indebtedness referred to in clause (a) remains outstanding, if designated by the Issuers to be included in this definition, one or more (A) debt facilities or commercial paper facilities, providing for revolving credit loans, term loans,
reserve-based loans, securitization or receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit, (B) debt securities,
indentures or other forms of debt financing (including convertible or exchangeable debt instruments or bank guarantees or bankers’ acceptances), or (C) instruments or agreements evidencing any other Indebtedness, in each case, with the
same or different borrowers or issuers and, in each case, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time (except to the extent any such
refinancing, replacement or restructuring is designated by the Issuers to not be included in the definition of “Bank Indebtedness”). 

“Bankruptcy Code” means Title 11 of the United States Code. 

“Board of Directors” means, as to any Person, the board of directors or managers, as applicable, of such Person or any direct
or indirect parent of such Person (or, if such Person is a partnership, the board of directors or other governing body of the general partner of such Person) or any duly authorized committee thereof. 

“Business Day” means a day other than a Saturday, Sunday or other day on which banking institutions are authorized or
required by law to close in New York City or the place of payment. 
 “Capital Stock” means: 

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

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

“Capitalized Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in
respect of a capital lease or finance lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) in accordance with GAAP. 

  
 5 

 “Capitalized Software Expenditures” means, for any period, the aggregate of
all expenditures (whether paid in cash or accrued as liabilities) by a Person and its Restricted Subsidiaries during such period in respect of licensed or 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 such Person and such Restricted Subsidiaries. 

“Cash Equivalents” means: 

(1) U.S. dollars, pounds sterling, euros, the national currency of any member state in the European Union or such local
currencies held by an entity from time to time in the ordinary course of business; 
 (2) securities issued or directly and
fully guaranteed or insured by the U.S. government or any country that is a member of the European Union or any agency or instrumentality thereof in each case maturing not more than two years from the date of acquisition; 

(3) certificates of deposit, time deposits and eurodollar time deposits with maturities of one year or less from the date of
acquisition, bankers’ acceptances, in each case with maturities not exceeding one year and overnight bank deposits, in each case with any commercial bank having capital and surplus in excess of $250.0 million and whose long-term debt is
rated “A” or the equivalent thereof by Moody’s or S&P (or reasonably equivalent ratings of another internationally recognized ratings agency); 

(4) repurchase obligations for underlying securities of the types described in clauses (2) and (3) above entered into
with any financial institution meeting the qualifications specified in clause (3) above; 
 (5) commercial paper issued
by a corporation (other than an Affiliate of the Issuers) organized and in existence under the laws of the United States of America or any foreign country recognized by the United States of America with a rating at the time as of which any
investment therein is made of “P-1” (or higher) according to Moody’s or rated at least “A-1” (or higher) according to S&P (or such similar
equivalent rating or higher by at least one nationally recognized rating organization) and in each case maturing within one year after the date of acquisition; 

(6) direct obligations of the United States of America or any member of the European Union or any agency thereof or obligations
guaranteed by the United States of America or any member of the European Union or any agency thereof, in each case with maturities not exceeding two years from the date of acquisition thereof; 

(7) securities issued or fully guaranteed by any State, commonwealth or territory of the United States of America, or any
political subdivision or taxing authority thereof, with a rating of “A” by S&P or “A” by Moody’s (or such similar equivalent rating or higher by at least one nationally recognized rating organization), in
each case with maturities not exceeding two years from the date of acquisition; 

  
 6 

 (8) shares of mutual funds whose investment guidelines restrict 95% of such
funds’ investments to those satisfying the provisions of clauses (1) through (7) above; 
 (9) time deposit
accounts, certificates of deposit, money market deposits, banker’s acceptances and other bank deposits in an aggregate face amount not in excess of 0.50% of the total assets of the Company and the Restricted Subsidiaries, on a consolidated
basis, as of the end of the Company’s most recently completed fiscal year; 
 (10) credit card receivables to the extent
included in cash and cash equivalents on the consolidated balance sheet of such Person; and 
 (11) instruments equivalent to
those referred to in clauses (1) through (10) above denominated in any foreign currency comparable in credit quality and tenor to those referred to above and commonly used by corporations for cash management purposes in any jurisdiction
outside the United States of America to the extent reasonably required in connection with any business conducted by any Subsidiary organized in such jurisdiction. 

“Cash Management Agreement” means any agreement to provide to Holdings, the Issuers or any Subsidiary cash management
services for collections, treasury management services (including controlled disbursement, overdraft, automated clearing house fund transfer services, return items and interstate depository network services), any demand deposit, payroll, trust or
operating account relationships, commercial credit cards, merchant card, purchase or debit cards, non-card e-payables services, and other cash management services,
including electronic funds transfer services, lockbox services, stop payment services and wire transfer services. 
 “Cash
Management Bank” means any person that, at the time it enters into a Cash Management Agreement, or on the date of the First Lien Credit Agreement, is an agent, an arranger or a lender under the First Lien Credit Agreement or an Affiliate of
any such person, in each case, in its capacity as a party to such Cash Management Agreement. 
 “cash management services”
means cash management services for collections, treasury management services (including controlled disbursement, overdraft, automated clearing house fund transfer services, return items and interstate depository network services), any demand
deposit, payroll, trust or operating account relationships, commercial credit cards, merchant card, purchase or debit cards, non-card e-payables services, and other cash
management services, including electronic funds transfer services, lockbox services, stop payment services and wire transfer services. 

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

(1) the sale, lease or transfer, in one or a series of related transactions, of all or substantially all the assets of the
Issuers and their Subsidiaries, taken as a whole, to a Person other than any of the Permitted Holders; or 

  
 7 

 (2) the Issuers become aware (by way of a report or any other filing
pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor
provision), including any group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange Act), other than any of the Permitted Holders,
in a single transaction or in a related series of transactions, by way of merger, consolidation, amalgamation or other business combination or purchase of beneficial ownership (within the meaning of Rule 13d-3
under the Exchange Act, or any successor provision), of more than 50% of the total voting power of the Voting Stock of the Company, unless the Permitted Holders have, at such time, the right or the ability by voting power, contract or otherwise to
elect or designate for election at least a majority of the members of the Board of Directors of the Company. 
 Notwithstanding the
foregoing: (A) the transfer of assets between or among the Issuers and their Restricted Subsidiaries shall not itself constitute a Change of Control and (B) a Person or group shall not be deemed to have beneficial ownership of securities
subject to a stock purchase agreement, merger agreement or similar agreement (or voting or option agreement related thereto) prior to the consummation of the transactions contemplated by such agreement. 

In addition, notwithstanding the foregoing, a transaction in which the Company or a parent entity of the Company becomes a subsidiary of
another Person (such Person, the “New Parent”) shall not constitute a Change of Control if (a) the equityholders of the Company or such parent entity immediately prior to such transaction beneficially own, directly or indirectly
through one or more intermediaries, at least a majority of the total voting power of the Voting Stock of the Company or such New Parent immediately following the consummation of such transaction, substantially in proportion to their holdings of the
equity of the Company or such parent entity prior to such transaction or (b) immediately following the consummation of such transaction, no Person, other than a Permitted Holder, the New Parent or any subsidiary of the New Parent, beneficially
owns, directly or indirectly through one or more intermediaries, more than 50% of the voting power of the Voting Stock of the Company or the New Parent. 

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

“Collateral” means all property subject or purported to be subject, from time to time, to a Lien under any Security
Documents. 
 “Collateral Agreement” means the Collateral Agreement (Second Lien) dated as of the Issue Date among the
Issuers, each Subsidiary Guarantor party thereto and the Collateral Agent, as amended, restated, supplemented or otherwise modified from time to time. 

“Consolidated Depreciation and Amortization Expense” means, with respect to any Person for any period, the total amount of
depreciation and amortization expense, including the amortization of intangible assets, deferred financing fees, Capitalized Software Expenditures, branch development costs, capitalized customer acquisition costs, amortization of unrecognized prior
service costs and actuarial gains and losses related to pensions and other post-employment benefits, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP. 

  
 8 

 “Consolidated Interest Expense” means, with respect to any Person for any
period, the sum, without duplication, of: 
 (1) consolidated interest expense of such Person and its Restricted Subsidiaries
for such period, to the extent such expense was deducted in computing Consolidated Net Income (including the interest component of Capitalized Lease Obligations and net payments and receipts (if any) pursuant to interest rate Hedging Obligations and
excluding amortization of deferred financing fees and original issue discount, debt issuance costs, commissions, fees and expenses, expensing of any bridge, commitment or other financing fees and non-cash
interest expense attributable to movement in mark to market valuation of Hedging Obligations or other derivatives (in each case permitted hereunder) under GAAP); plus 

(2) consolidated capitalized interest of such Person and its Restricted Subsidiaries for such period, whether paid or accrued;
plus 
 (3) commissions, discounts, yield and other fees and charges Incurred in connection with any Permitted
Securitization Financing which are payable to Persons other than the Issuers and the Restricted Subsidiaries; minus 

(4) interest income for such period. 

For purposes of this definition, interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably
determined by the Issuers to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any Person for any period, the aggregate of the Net Income of such Person
and its Restricted Subsidiaries for such period, on a consolidated basis; provided, however, that: 
 (1) any
net after-tax extraordinary, nonrecurring or unusual gains or losses (less all fees and expenses relating thereto) or expenses or charges, any severance expenses, relocation expenses, restructuring expenses,
curtailments or modifications to pension and post-retirement employee benefit plans, excess pension charges, any expenses related to any New Project or any reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for
alternate uses and fees, expenses or charges relating to facility or branch closing costs, rebranding costs, acquisition integration costs, facility or branch opening costs, project start-up costs, business
optimization costs, recruiting costs, signing, retention or completion bonuses, expenses or charges related to any issuance or repurchase of Equity Interests or debt securities of the Issuers or any direct or indirect parent of the Company, any
Investment, acquisition, disposition, recapitalization or Incurrence, issuance, repayment, repurchase, refinancing, amendment or modification of Indebtedness (in each case, whether or not successful), and any fees, expenses, charges or change in
control payments related to the Transactions (including any costs relating to auditing prior periods, any transition-related expenses, and transaction expenses incurred before, on or after the Issue Date), in each case, shall be excluded; 

  
 9 

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

(7) (a) the Net Income for such period of any Person that is not a Subsidiary of such Person, or is an Unrestricted Subsidiary,
or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to the referent Person or a
Restricted Subsidiary thereof in respect of such period and (b) the Net Income for such period shall include any dividend, distribution or other payment in cash (or to the extent converted into cash) received by the referent Person or a
Subsidiary thereof (other than an Unrestricted Subsidiary of such referent Person) from any Person in excess of, but without duplication of, the amounts included in subclause (a); 

(8) solely for the purpose of determining the amount available for Restricted Payments under clause (1) of the definition
of “Cumulative Credit”, the Net Income for such period of any Restricted Subsidiary (other than any Subsidiary Guarantor) shall be excluded to the extent that the declaration or payment of dividends or similar distributions by such
Restricted Subsidiary of its Net Income is not at the date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement,
instrument, judgment, decree, order, statute, rule or governmental regulation 

  
 10 

 
applicable to that Restricted Subsidiary or its stockholders, unless such restrictions with respect to the payment of dividends or similar distributions have been legally waived; provided
that the Consolidated Net Income of such Person shall be increased by the amount of dividends or other distributions or other payments actually paid in cash (or converted into cash) by any such Restricted Subsidiary to such Person, to the extent not
already included therein; 
 (9) an amount equal to the amount of Tax Distributions actually made to any parent or equity
holder of such Person in respect of such period in accordance with Section 4.04(b)(xii) shall be included as though such amounts had been paid as income taxes directly by such Person for such period; 

(10) any impairment charges or asset write-offs, in each case pursuant to GAAP, and the amortization of intangibles and other
fair value adjustments arising pursuant to GAAP shall be excluded; 
 (11) any
non-cash expense realized or resulting from stock option plans, employee benefit plans or post-employment benefit plans, or grants or sales of stock, stock appreciation or similar rights, stock options,
restricted stock, preferred stock or other rights shall be excluded; 
 (12) any
(a) non-cash compensation charges, (b) costs and expenses related to employment of terminated employees, or (c) costs or expenses realized in connection with or resulting from stock appreciation
or similar rights, stock options or other rights of officers, directors and employees, in each case of such Person or any Restricted Subsidiary, shall be excluded; 

(13) accruals and reserves that are established or adjusted within 12 months after the Issue Date or the closing of any
acquisition and that are so required to be established or adjusted in accordance with GAAP or as a result of adoption or modification of accounting policies shall be excluded; 

(14) (a)(i) the non-cash portion of “straight-line” rent expense shall be
excluded, (ii) the cash portion of “straight-line” rent expense which exceeds the amount expensed in respect of such rent expense shall be included, (iii) the non-cash amortization of
tenant allowances shall be excluded, (iv) cash received from landlords for tenant allowances shall be included and (v) to the extent not already included in Net Income, the cash portion of sublease rentals received shall be included (for
the avoidance of doubt, the net effect of the adjustments in this clause (14)(a) as well as any related adjustments pursuant to clause (2) above shall be to compute rent expense and rental income on a cash basis for purposes of determining
Consolidated Net Income) and (b) non-cash gains, losses, income and expenses resulting from fair value accounting required by the applicable standard under GAAP and related interpretations shall be
excluded; 
 (15) any currency translation gains and losses related to currency remeasurements of Indebtedness, and any net
loss or gain resulting from hedging transactions for currency exchange risk, shall be excluded; 

  
 11 

 (16) (a) to the extent covered by insurance and actually reimbursed, or, so
long as such Person has made a determination that there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (i) not denied by the applicable carrier in writing within
180 days and (ii) in fact reimbursed within 365 days of the date of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within 365 days), expenses with respect to liability or casualty events or business
interruption shall be excluded and (b) amounts estimated in good faith to be received from insurance in respect of lost revenues or earnings in respect of liability or casualty events or business interruption shall be included (with a deduction
for amounts actually received up to such estimated amount to the extent included in Net Income in a future period); 
 (17)
Capitalized Software Expenditures and branch development costs shall be excluded; 
 (18)
non-cash charges for deferred tax asset valuation allowances shall be excluded; 

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

“Consolidated Taxes” means, with respect to any Person for any period, the provision for taxes based on income, profits or
capital, including, without limitation, state, franchise, property and similar taxes, foreign withholding taxes (including penalties and interest related to such taxes or arising from tax examinations) and any Tax Distributions taken into account in
calculating Consolidated Net Income. 

  
 12 

 “Consolidated Total Indebtedness” means, as of any date of determination,
an amount equal to the sum (without duplication) of (1) the aggregate principal amount of all outstanding Indebtedness of the Issuers and the Restricted Subsidiaries (excluding any undrawn letters of credit) consisting of Indebtedness for
borrowed money, plus (2) the aggregate amount of all outstanding Disqualified Stock of the Issuers and the Restricted Subsidiaries and all Preferred Stock of Restricted Subsidiaries, with the amount of such Disqualified Stock and Preferred
Stock equal to the greater of their respective voluntary or involuntary liquidation preferences, in each case determined on a consolidated basis in accordance with GAAP. 

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

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

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

“Corporate Trust Office” means the designated office of the Trustee in the United States of America at which at any time its
corporate trust business shall be administered, or such other address as the Trustee may designate from time to time by notice to the holders and the Issuers, or the principal corporate trust office of any successor Trustee (or such other address as
such successor Trustee may designate from time to time by notice to the holders and the Issuers). 
 “Creation Costs” means
the costs associated with the marketing, sale, installation and equipping of alarm systems and other security, automation, or related equipment actually incurred in such current period less the related installation revenue recognized in such current
period; provided, that such amount shall not in any event be less than $0. 
 “Credit Agreement Documents” means the
collective reference to any First Lien Credit Agreement, any notes issued pursuant thereto and the guarantees thereof, and the collateral documents relating thereto, as amended, supplemented, restated, renewed, refunded, replaced, restructured,
repaid, refinanced or otherwise modified, in whole or in part, from time to time. 

  
 13 

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

(1) 50% of the Consolidated Net Income of the Issuers for the period (taken as one accounting period) from April 1, 2016
to the end of the Issuers’ most recently ended fiscal quarter for which financial statements have been made available at the time of such Restricted Payment (or, in the case such Consolidated Net Income for such period is a deficit, minus 100%
of such deficit), plus 
 (2) 100% of the aggregate net proceeds, including cash and the Fair Market Value (as
determined in good faith by the Issuers) of property other than cash, received by the Company after May 2, 2016 (other than net proceeds to the extent such net proceeds have been used to incur Indebtedness, Disqualified Stock, or Preferred
Stock pursuant to Section 4.03(b)(xiii) from the issue or sale of Equity Interests of the Company or any direct or indirect parent entity of the Company (excluding Refunding Capital Stock (as defined below), Designated Preferred Stock, Excluded
Contributions, and Disqualified Stock), including Equity Interests issued upon exercise of warrants or options (other than an issuance or sale to an Issuer or a Restricted Subsidiary), plus 

(3) 100% of the aggregate amount of contributions to the capital of the Company received in cash and the Fair Market Value (as
determined in good faith by the Issuers) of property other than cash after May 2, 2016 (other than Excluded Contributions, Refunding Capital Stock, Designated Preferred Stock, and Disqualified Stock and other than contributions to the extent
such contributions have been used to incur Indebtedness, Disqualified Stock, or Preferred Stock pursuant to Section 4.03(b)(xiii)), plus 

(4) 100% of the principal amount of any Indebtedness, or the liquidation preference or maximum fixed repurchase price, as the
case may be, of any Disqualified Stock of any Issuer or any Restricted Subsidiary issued after May 2, 2016 (other than Indebtedness or Disqualified Stock issued to a Restricted Subsidiary) which has been converted into or exchanged for Equity
Interests in the Company (other than Disqualified Stock) or any direct or indirect parent of the Company (provided, in the case of any such parent, such Indebtedness or Disqualified Stock is retired or extinguished), plus 

(5) 100% of the aggregate amount received by any Issuer or any Restricted Subsidiary in cash and the Fair Market Value (as
determined in good faith by the Issuers) of property other than cash received by any Issuer or any Restricted Subsidiary, in each case, after May 2, 2016, from: 

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

  
 14 

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

(6) in the event any Unrestricted Subsidiary has been redesignated as a Restricted Subsidiary or has been merged, consolidated
or amalgamated with or into, or transfers or conveys its assets to, or is liquidated into, an Issuer or a Restricted Subsidiary, in each case, since May 2, 2016, the Fair Market Value (as determined in good faith by the Issuers) of the
Investment of the Issuers or the Restricted Subsidiaries in such Unrestricted Subsidiary (which, if the Fair Market Value of such Investment shall exceed $100.0 million, shall be determined by the Board of Directors of the Company) at the time
of such redesignation, combination or transfer (or of the assets transferred or conveyed, as applicable) (other than in each case to the extent that the designation of such Subsidiary as an Unrestricted Subsidiary was made pursuant to
Section 4.04(b)(vii) or constituted a Permitted Investment). 
 “Default” means any event which is, or after notice or
passage of time or both would be, an Event of Default. 
 “Delaware Divided LLC” means any limited liability company which
has been formed upon the consummation of a Delaware LLC Division. 
 “Delaware LLC Division” means the statutory division
of any limited liability company into two or more limited liability companies pursuant to Section 18-217 of the Delaware Limited Liability Company Act. 

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

  
 15 

 “Discharge” means, with respect to any First Priority Lien Obligations and
Second Priority Lien Obligations, except to the extent otherwise provided in the First Lien/Second Lien Intercreditor Agreement, (a) payment in full in cash or other immediately available funds of the principal of, and interest (including
interest, fees, and expenses accruing on or after the commencement of an insolvency or liquidation proceeding, whether or not such interest, fees, or expenses would be allowed in the proceeding) accrued on all outstanding Indebtedness included in
such First Priority Lien Obligations or Second Priority Lien Obligations, as applicable, after or concurrently with the termination of all commitments to extend credit thereunder (other than, if applicable, pursuant to any cash management services
or Hedging Obligations, in each case as provided under the relevant documents or as to which reasonably satisfactory arrangements have been made with the relevant cash management services or hedge bank, as applicable, or their respective Affiliates,
as the case may be), (b) with respect to any letters of credit or letters of credit guaranties that may be outstanding in respect of any First Priority Lien Obligations or Second Priority Lien Obligations, as applicable, termination or delivery
of cash collateral, backstop letters of credit or other credit support in respect thereof in an amount and manner in compliance with the applicable documents, and (c) payment in full in cash or other immediately available funds of any other
First Priority Lien Obligations or Second Priority Lien Obligations, as applicable, that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid (other than in respect of contingent
indemnification and expense reimbursement claims not then due); provided, that (i) the Discharge of the First Priority Lien Obligations shall not be deemed to have occurred if such payments are made with the proceeds of a facility
designated by the Company as a First Lien Credit Agreement or a refinancing of the First Priority Lien Obligations, (ii) the Discharge of any Other First Lien Facility Obligations shall not be deemed to have occurred if such payments are made
with the proceeds of any obligations that are designated by the Company as a Refinancing Indebtedness of such Other First Lien Facility Obligations, (iii) the Discharge of the Second Priority Lien Obligations shall not be deemed to have
occurred if such payments are made with the proceeds of a facility designated by the Company as a refinancing of the Notes Obligations and (iv) the Discharge of any Other Second Priority Lien Obligations shall not be deemed to have occurred if
such payments are made with the proceeds of any obligations that are designated by the Company as a refinancing of such Other Second Priority Lien Obligations. In the event that any First Priority Lien Obligations or Second Priority Lien
Obligations, are modified and such First Priority Lien Obligations or Second Priority Lien Obligations, as applicable, are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, such First Priority Lien
Obligations and Second Priority Lien Obligations, as applicable, shall be deemed to be discharged when the final payment is made, in cash or in the form of consideration otherwise provided for in the applicable plan of reorganization or similar
dispositive restructuring plan, in respect of such Indebtedness and any obligations pursuant to such new Indebtedness shall have been satisfied. 

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

(1) matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (other than as a result of a
change of control or asset sale), 
 (2) is convertible or exchangeable for Indebtedness or Disqualified Stock of such Person
or any of its Restricted Subsidiaries, or 

  
 16 

 (3) is redeemable at the option of the holder thereof, in whole or in part
(other than solely as a result of a change of control or asset sale), 
 in each case prior to 91 days after the earlier of the maturity date of the Notes
or the date the Notes are no longer outstanding; provided, however, that only the portion of Capital Stock which so matures or is mandatorily redeemable, is so convertible or exchangeable or is so redeemable at the option of the holder
thereof prior to such date shall be deemed to be Disqualified Stock; provided, further, however, that if such Capital Stock is issued to any employee or to any plan for the benefit of employees of the Issuers or their
Subsidiaries or by any such plan to such employees, such Capital Stock shall not constitute Disqualified Stock solely because it may be required to be repurchased by such Person in order to satisfy applicable statutory or regulatory obligations or
as a result of such employee’s termination, death or disability; provided, further, that any class of Capital Stock of such Person that by its terms authorizes such Person to satisfy its obligations thereunder by delivery of
Capital Stock that is not Disqualified Stock shall not be deemed to be Disqualified Stock. 
 “Domestic Subsidiary” means a
Restricted Subsidiary that is not a Foreign Subsidiary. 
 “EBITDA” means, with respect to any Person for any period, the
Consolidated Net Income of such Person and its Restricted Subsidiaries for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income: 

(1) Consolidated Taxes; plus 

(2) Fixed Charges and costs of surety bonds in connection with financing activities; plus 

(3) Consolidated Depreciation and Amortization Expense; plus 

(4) Consolidated Non-Cash Charges; plus 

(5) any expenses or charges (other than Consolidated Depreciation and Amortization Expense) related to any issuance of Equity
Interests, Investment, acquisition, New Project, disposition, recapitalization or the Incurrence, modification or repayment of Indebtedness permitted to be Incurred by this Indenture (including a refinancing thereof) (whether or not successful),
including (i) such fees, expenses, premiums or charges related to the Transactions, the offering of the Notes or any Bank Indebtedness, (ii) any amendment or other modification of the Notes or other Indebtedness and (iii) commissions,
discounts, yield and other fees and charges (including any interest expense) related to any Permitted Securitization Financing; plus 

(6) business optimization expenses and other restructuring charges, reserves or expenses (which, for the avoidance of doubt,
shall include, without limitation, the effect of inventory optimization programs, facility or branch closures, facility or branch consolidations, retention, severance, systems establishment costs, contract termination costs, future lease commitments
and excess pension charges) and Pre-Opening Expenses; plus 

  
 17 

 (7) the amount of loss or discount on sale of assets to a Special Purpose
Securitization Subsidiary in connection with a Permitted Securitization Financing; plus 
 (8) any costs or expense
incurred pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such cost or expenses are funded with cash
proceeds contributed to the capital of an Issuer or a Subsidiary Guarantor or net cash proceeds of an issuance of Equity Interests of the Company (other than Disqualified Stock) solely to the extent that such net cash proceeds are excluded from the
calculation of the Cumulative Credit; plus 
 (9) Creation Costs; plus 

(10) the amount of any loss attributable to a New Project, until the date that is 12 months after the date of completing the
construction, acquisition, assembling or creation of such New Project, as the case may be; provided that (a) such losses are reasonably identifiable and factually supportable and certified by a responsible financial or accounting officer
of the Issuers and (b) losses attributable to such New Project after 12 months from the date of completing such construction, acquisition, assembling or creation, as the case may be, shall not be included in this clause (10); plus 

(11) the amount of any management, monitoring, consulting, transaction, advisory and similar fees and related expenses paid to
the Sponsors (or any accruals relating to such fees and related expenses) during such period to the extent otherwise permitted by Section 4.07, including, if applicable, the amount of termination fee paid pursuant to Section 4.07(b)(xx);
plus 
 (12) with respect to any joint venture that is not a Subsidiary and solely to the extent relating to any net
income referred to in clause (7) of the definition of “Consolidated Net Income,” an amount equal to the proportion of those items described in clauses (1) and (2) above relating to such joint venture corresponding to the
Issuers’ and the Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net Income (determined as if such joint venture were a Subsidiary); plus 

(13) one-time costs associated with commencing Public Company Compliance; plus

 (14) all adjustments of the nature used in connection with the calculation of “Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other Data” under “Summary” in the Offering Memorandum to the extent such adjustments, without duplication,
continue to be applicable to such period; and 
 less, without duplication, to the extent the same increased Consolidated Net Income,

 (15) non-cash items increasing Consolidated Net Income for such period (excluding
the recognition of deferred revenue or any items which represent the reversal of any accrual of, or cash reserve for, anticipated cash charges that reduced EBITDA in any prior period and any items for which cash was received in a prior period). 

  
 18 

 “Equity Interests” means Capital Stock and all warrants, options or other
rights to acquire Capital Stock (but excluding any debt security that is convertible into, or exchangeable for, Capital Stock). 

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

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

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

Notwithstanding the foregoing, an Equity Offering hereunder shall include the merger of the Company or any direct or indirect parent of the
Company into a person that has, or whose direct or indirect parent has, previously consummated a public Equity Offering (as defined herein but replacing the Company with such person or parent) and is a public company at the applicable time. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC promulgated
thereunder. 
 “Excluded Contributions” means the Cash Equivalents or other assets (valued at their Fair Market Value as
determined in good faith by senior management or the Board of Directors of the Company) received by the Company after May 2, 2016 from: 

(1) contributions to its common equity capital, and 

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

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

“Excluded Property” means (i) any Real Property other than Material Real Property; (ii) motor vehicles and other
assets subject to certificates of title and letter of credit rights (in each case, except to the extent a Lien on such assets or such rights can be perfected by filing a UCC-1 financing statement) and
commercial tort claims with a value of less than $10,000,000; (iii) assets to the extent the pledges and security interests therein are prohibited by applicable law, rule, regulation or contractual obligation permitted under this Indenture and
the 

  
 19 

 
Security Documents and binding on assets to the extent in existence on the Issue Date or on the date of acquisition thereof and not entered into in contemplation of acquisition of such asset (in
each case, except to the extent such prohibition is unenforceable after giving effect to the applicable anti-assignment provisions of Article 9 of the Uniform Commercial Code) or which could require governmental (including regulatory) consent,
approval, license or authorization to be pledged (unless such consent, approval, license or authorization has been received); (iv) assets to the extent a security interest in such assets could reasonably be expected to result in material
adverse tax consequences as reasonably determined by the Company, as set forth in an Officer’s Certificate delivered to the Trustee and Collateral Agent, provided that such assets do not secure (or purport to secure) any First Priority
Lien Obligations or Second Priority Lien Obligations; (v) any Equity Interests or Indebtedness with respect to which the cost or other consequences of pledging such Equity Interests or Indebtedness under the Security Documents are likely to be
excessive in relation to the value to be afforded thereby, as reasonably determined by the Company as set forth in an Officer’s Certificate delivered to the Trustee and Collateral Agent, provided that such assets do not secure (or
purport to secure) any First Priority Lien Obligations or Second Priority Lien Obligations; (vi) in the case of any pledge of voting Equity Interests of any Foreign Subsidiary that is a CFC (in each case, that is owned directly by an Issuer or
a Subsidiary Guarantor) to secure the Notes Obligations, any voting Equity Interest of such Foreign Subsidiary in excess of 65% of the outstanding Equity Interests of such class; (vii) in the case of any pledge of voting Equity Interests of any
FSHCO (in each case, that is owned directly by an Issuer or a Subsidiary Guarantor) to secure the Notes Obligations, any voting Equity Interest of such FSHCO in excess of 65% of the outstanding Equity Interests of such class; (viii) any Equity
Interests or Indebtedness to the extent the pledge thereof would be prohibited by any requirement of law; (ix) any Equity Interests of any Person that is not a Wholly Owned Subsidiary to the extent (A) that a pledge thereof to secure the
Notes Obligations is prohibited by (i) any applicable organizational documents, joint venture agreement or shareholder agreement or (ii) any other contractual obligation with an unaffiliated third party not in violation of this Indenture
(other than, in this subclause (A)(ii), customary non-assignment provisions which are ineffective under Article 9 of the Uniform Commercial Code or other applicable requirements of law), (B) any
organizational documents, joint venture agreement or shareholder agreement (or other contractual obligation referred to in subclause (A)(ii) above) prohibits such a pledge without the consent of any other party; provided, that this clause
(B) shall not apply if (1) such other party is an Issuer, Holdings, a Subsidiary Guarantor or a Wholly Owned Subsidiary or (2) consent has been obtained to consummate such pledge (it being understood that the foregoing shall not be
deemed to obligate an Issuer or any Subsidiary to obtain any such consent) and shall apply for so long as such organizational documents, joint venture agreement or shareholder agreement or replacement or renewal thereof is in effect, or (C) a
pledge thereof to secure the Notes Obligations would give any other party (other than an Issuer, Holdings, a Subsidiary Guarantor or a Wholly Owned Subsidiary) to any organizational documents, joint venture agreement or shareholder agreement
governing such Equity Interests (or other contractual obligation referred to in subclause (A)(ii) above) the right to terminate its obligations thereunder (other than, in the case of other contractual obligations referred to in subclause (A)(ii),
customary non-assignment provisions which are ineffective under Article 9 of the Uniform Commercial Code or other applicable requirement of law); (x) any Equity Interests of any Immaterial Subsidiary, any
Unrestricted Subsidiary or any Special Purpose Securitization Subsidiary; (xi) any Equity Interests of any Subsidiary of, or other Equity Interests owned by, a Foreign 

  
 20 

 
Subsidiary; (xii) any Equity Interests of any Subsidiary to the extent that the pledge of such Equity Interests could reasonably be expected to result in material adverse tax consequences to
an Issuer or any Subsidiary as reasonably determined by the Company as set forth in an Officer’s Certificate delivered to the Trustee and Collateral Agent, provided that such assets do not secure (or purport to secure) any First Priority
Lien Obligations or Second Priority Lien Obligations; (xiii) any Equity Interests that have been identified on or prior to the Issue Date in writing to the Collateral Agent; (xiv) any margin stock; (xv) any lease, license, or other
agreement to the extent that a grant of a security interest therein would violate or invalidate such lease, license or agreement or create a right of termination in favor of any other party thereto (other than Holdings or any Issuer or any
Subsidiary Guarantor) after giving effect to the applicable anti-assignment provisions of Article 9 of the Uniform Commercial Code; (xvi) those assets as to which the cost or other consequence of obtaining such a security interest or perfection
thereof are excessive in relation to the value afforded thereby, as reasonably determined by the Company as set forth in an Officer’s Certificate delivered to the Trustee and the Collateral Agent, provided that such assets do not secure
(or purport to secure) any First Priority Lien Obligations or Second Priority Lien Obligations; (xvii) any governmental licenses or state or local licenses, franchises, charters and authorizations, to the extent security interests in such
licenses, franchises, charters or authorizations are prohibited or restricted thereby after giving effect to the applicable anti-assignment provisions of Article 9 of the Uniform Commercial Code; (xviii) any “intent-to-use” applications for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. §1051, unless and until an Amendment to Allege Use or a
Statement of Use under Section 1(c) or 1(d) of the Lanham Act has been filed; (xix) other customary exclusions under applicable local law or in applicable local jurisdictions set forth in the applicable Security Documents;
(xx) Securitization Assets sold to any Special Purpose Securitization Subsidiary or otherwise pledged, factored, transferred or sold in connection with any Permitted Securitization Financing, and any other assets subject to Liens securing
Permitted Securitization Financings; (xxi) any Third Party Funds; and (xxii) any equipment or other asset that is subject to liens permitted under clause 6(D) of the definition of “Permitted Liens” as it relates to Liens securing
Indebtedness permitted by Section 4.03(b)(iv) or is otherwise subject to a purchase money debt or a Capitalized Lease Obligation, in each case, as permitted by this Indenture, if the contract or other agreement providing for such debt or
Capitalized Lease Obligation prohibits or requires the consent of any person (other than Holdings or an Issuer or a Subsidiary Guarantor) as a condition to the creation of any other security interest on such equipment or asset and, in each case,
such prohibition or requirement is permitted hereunder after giving effect to the applicable anti-assignment provisions of Article 9 of the Uniform Commercial Code or other applicable law. 

“Excluded Subsidiary” means (a) each Unrestricted Subsidiary, (b) each Domestic Subsidiary that is not a Wholly
Owned Subsidiary (for so long as such Subsidiary remains a non-Wholly Owned Subsidiary), (c) each Domestic Subsidiary that is prohibited from guaranteeing the Notes by any requirement of law or that would
require consent, approval, license or authorization of a governmental authority to guarantee the Notes (unless such consent, approval, license or authorization has been received), (d) each Domestic Subsidiary that is prohibited by any
applicable contractual requirement from guaranteeing the Notes on the Issue Date or at the time such Subsidiary becomes a Subsidiary (to the extent not incurred in connection with becoming a Subsidiary and in each case for so long as such
restriction or any replacement or renewal thereof is in effect), (e) any Foreign Subsidiary, (f) any Domestic Subsidiary (i) that 

  
 21 

 
owns no material assets (directly or through its Subsidiaries) other than equity interests of one or more Foreign Subsidiaries that are “controlled foreign corporations” within the
meaning of Section 957 of the Code (“CFCs”) or (ii) that is a direct or indirect Subsidiary of a Foreign Subsidiary, (g) any Special Purpose Securitization Subsidiary, (h) any Subsidiary (other than a Significant
Subsidiary) that (i) did not, as of the last day of the fiscal quarter of the Issuers most recently ended, have assets with a value in excess of 5.0% of the Total Assets or revenues representing in excess of 5.0% of total revenues of the
Issuers and the Restricted Subsidiaries on a consolidated basis as of such date and (ii) taken together with all other such Subsidiaries being excluded pursuant to this clause (h), as of the last day of the fiscal quarter of the Issuers most
recently ended, did not have assets with a value in excess of 10.0% of the Total Assets or revenues representing in excess of 10.0% of total revenues of the Issuers and the Restricted Subsidiaries on a consolidated basis as of such date (each such
Subsidiary, an “Immaterial Subsidiary”) and (i) any Subsidiary for which providing a Subsidiary Guarantee or granting Liens to secure Indebtedness could reasonably be expected to result in material adverse tax consequences as
determined in good faith by the Issuers. 
 “Fair Market Value” means, with respect to any asset or property, the price
which could be negotiated in an arm’s-length transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the
transaction. 
 “First Lien Credit Agreement” means the Ninth Amended and Restated First Lien Credit Agreement, dated as of
September 23, 2019, among Prime Security Services Holdings, LLC, as Holdings, the Company, as Borrower, the lenders party thereto, and Barclays Bank PLC, as administrative agent and collateral agent, as amended, restated, supplemented, waived,
replaced (whether or not upon termination, and whether with the original lenders or otherwise), restructured, repaid, refunded, refinanced or otherwise modified from time to time, including any agreement or indenture extending the maturity thereof,
refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement agreement or agreements or indenture or indentures or increasing
the amount loaned or issued thereunder or altering the maturity thereof, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated, replaced or refunded in whole or in part from time to time. 

“First Lien Facility Obligations” means the Obligations of the Company and other obligors outstanding under, and all other
obligations in respect of, Secured Cash Management Agreements, Secured Hedge Agreements or the First Lien Credit Agreement, to pay principal, premium (if any), interest, fees, expenses (including interest, fees, and expenses accruing after the
commencement of any insolvency or liquidation proceeding, regardless of whether or not allowed or allowable in such proceeding), penalties, indemnifications, reimbursements (including reimbursement obligations with respect to any letters of credit
and bankers’ acceptance), damages and other liabilities payable under or in connection with any Secured Cash Management Agreements, Secured Hedge Agreements or the First Lien Credit Agreement. 

  
 22 

 “First Lien/Second Lien Intercreditor Agreement” means (i) the
intercreditor agreement dated as of July 1, 2015 among Barclays Bank PLC, as collateral agent under the First Lien Credit Agreement, the ADT First Lien Notes and the First-Priority Notes and the other parties from time to time party thereto, to
which the Collateral Agent will be become a party as the Second Lien Facility Agent thereunder pursuant to a joinder on the Issue Date, as it may be amended, restated, supplemented or otherwise modified from time to time in accordance with this
Indenture and (ii) any other intercreditor agreement that is not materially less favorable to the holders of the Notes than the intercreditor agreement referred to in clause (i). 

“First Priority Lien Obligations” means, collectively, the First Lien Facility Obligations and the Other First Lien Facility
Obligations, or any of the foregoing. 
 “First-Priority Notes” means the Issuers’ 5.250% First-Priority Senior
Secured Notes due 2024 and 5.750% First-Priority Senior Secured Notes due 2026, in each case including any refinancing, refunding, extension, renewal or replacement (or successive refinancings, refundings, extensions, renewals or replacements) as a
whole, or in part, of any such First-Priority Notes. 
 “Fixed Charge Coverage Ratio” means, with respect to any Person for
any period, the ratio of EBITDA of such Person for such period to the Fixed Charges of such Person for such period. In the event that the Issuers or any of their Restricted Subsidiaries Incurs, repays, repurchases or redeems any Indebtedness (other
than in the case of any Permitted Securitization Financing, in which case interest expense shall be computed based upon the average daily balance of such Indebtedness during the applicable period) or issues, repurchases or redeems Disqualified Stock
or Preferred Stock subsequent to the commencement of the period for which the Fixed Charge Coverage Ratio is being calculated but prior to the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Fixed Charge
Calculation Date”), then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect to such Incurrence, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock
or Preferred Stock, as if the same had occurred at the beginning of the applicable four-quarter period. 
 For purposes of making the
computation referred to above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and discontinued operations (as determined in accordance with GAAP) and any operational changes, business realignment projects or
initiatives, New Projects, restructurings or reorganizations that the Issuers or any Restricted Subsidiary have determined to make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or
simultaneously with the Fixed Charge Calculation Date (each, for purposes of this definition, a “pro forma event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers,
amalgamations, consolidations, discontinued operations and other operational changes, business realignment projects or initiatives, New Projects, restructurings or reorganizations (and the change of any associated fixed charge obligations and the
change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into an Issuer or any
Restricted Subsidiary since the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation, amalgamation, discontinued operation, operational change, business realignment project or initiative, New
Project, restructuring or reorganization that would have required adjustment pursuant to this 

  
 23 

 
definition, then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation,
merger, amalgamation, consolidation, operational change, business realignment project or initiative, New Project, restructuring or reorganization had occurred at the beginning of the applicable four-quarter period. If since the beginning of such
period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any Unrestricted Subsidiary is designated a Restricted Subsidiary, then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect thereto for such period
as if such designation had occurred at the beginning of the applicable four-quarter period. 
 For purposes of this definition, whenever pro
forma effect is to be given to any pro forma event, the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Issuers. Any such pro forma calculation may include adjustments appropriate, in the
reasonable good faith determination of the Issuers to reflect (1) operating expense reductions and other operating improvements, synergies or cost savings reasonably expected to result from the applicable event, and (2) all adjustments of
the nature used in connection with the calculation of “Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other Data” under
“Summary” in the Offering Memorandum to the extent such adjustments, without duplication, continue to be applicable to such four-quarter period. 

If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be
calculated as if the rate in effect on the Fixed Charge Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness if such Hedging Obligation has a remaining term
in excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of the Issuers to be the rate of interest implicit in such
Capitalized Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under a revolving credit facility computed on a pro forma basis shall be computed based upon the average
daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate,
shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuers may designate. 

For purposes of making the computation referred to above, in giving effect to each New Project which commences operations and records not less
than one full fiscal quarter’s operations during such period, the operating results of such New Project shall be annualized on a straight line basis during such period, taking into account any seasonality adjustments determined by the Issuers
in good faith. 
 For purposes of this definition, any amount in a currency other than U.S. dollars will be converted to U.S. dollars based
on the average exchange rate for such currency for the most recent twelve month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA for the applicable period. 

  
 24 

 “Fixed Charges” means, with respect to any Person for any period, the sum,
without duplication, of: (1) Consolidated Interest Expense (excluding amortization or write-off of deferred financing costs) of such Person for such period, and (2) all cash dividend payments
(excluding items eliminated in consolidation) on any series of Preferred Stock or Disqualified Stock of such Person and its Restricted Subsidiaries. 

“Foreign Subsidiary” means a Restricted Subsidiary not organized or existing under the laws of the United States of America
or any state thereof or the District of Columbia. 
 “FSHCO” means any Subsidiary that owns no material assets other than
the Equity Interests of one or more Foreign Subsidiaries that are CFCs and/or of one or more FSHCOs. 
 “GAAP” means
generally accepted accounting principles in effect from time to time in the United States set forth in the statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been
approved by a significant segment of the accounting profession; provided, however, that if the Issuers notify the Trustee that the Issuers request an amendment to any provision hereof to eliminate the effect of any change in accounting
principles or change as a result of the adoption or modification of accounting policies occurring after the Issue Date in GAAP or in the application thereof on the operation of such provision, 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 with this definition. The Issuers will give notice of any such election made in accordance with this definition to the Trustee. For the avoidance of doubt, solely making an election (without any other action)
referred to in this definition will not (1) be treated as an incurrence of Indebtedness or (2) have the effect of rendering invalid any Restricted Payment, Investment, Incurrence of Indebtedness or Liens or other action made prior to the
date of such election (or any other action conditioned on the Issuers and the Restricted Subsidiaries having been able to incur $1.00 of additional Indebtedness or compliance with any other ratio, basket or covenant set forth herein) if such
Restricted Payment, Investment, Incurrence or other action was not in violation of this Indenture on the date made, incurred or taken, as the case may be. For the purposes of this Indenture, the term “consolidated” with respect to
any Person shall mean such Person consolidated with its Restricted Subsidiaries, and shall not include any Unrestricted Subsidiary, but the interest of such Person in an Unrestricted Subsidiary will be accounted for as an Investment. 

“guarantee” means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of
business), direct or indirect, in any manner (including, without limitation, letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations. The amount of any guarantee shall be deemed
to be an amount equal to the stated or determinable amount of the Indebtedness in respect of which such guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by such person
in good faith. 

  
 25 

 “Hedge Bank” means any person that, at the time it enters into a Hedging
Agreement, or on the date of the First Lien Credit Agreement, is an agent, an arranger or a lender under the First Lien Credit Agreement or an Affiliate of any such person, in each case, in its capacity as a party to such Hedging Agreement. 

“Hedging Agreement” means any agreement with respect to any swap, forward, future or derivative transaction, or option or
similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value, or
credit spread transaction, repurchase transaction, reserve repurchase transaction, securities lending transaction, weather index transaction, spot contracts, fixed price physical delivery contracts, or any similar transaction or any combination of
these transactions, in each case of the foregoing, whether or not exchange traded; provided, that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees
or consultants of Holdings, any Issuer or any of the Subsidiaries shall be a Hedging Agreement. 
 “Hedging Obligations”
means, with respect to any Person, the obligations of such Person under: 
 (1) currency exchange, interest rate or commodity
swap agreements, currency exchange, interest rate or commodity cap agreements and currency exchange, interest rate or commodity collar agreements; and 

(2) other agreements or arrangements designed to protect such Person against fluctuations in currency exchange, interest rates
or commodity prices. 
 “holder” or “noteholder” means the Person in whose name a Note is registered on
the Registrar’s books. 
 “Holdings” means Prime Security Services Holdings, LLC, a Delaware limited liability company
and the parent of the Company. 
 “Immaterial Subsidiary” has the meaning set forth in the definition of “Excluded
Subsidiary”. 
 “Incur” means issue, assume, guarantee, incur or otherwise become liable for (the terms
“Incurrence” and “Incurred” have correlative meanings); provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such person becomes a Subsidiary (whether by merger,
amalgamation, consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Person at the time it becomes a Subsidiary. 

“Indebtedness” means, with respect to any Person: 

(1) the principal of any indebtedness of such Person, whether or not contingent, (a) in respect of borrowed money,
(b) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without duplication, reimbursement agreements in respect thereof), (c) representing the deferred and unpaid

  
 26 

 
purchase price of any property (except any such balance that constitutes (i) a trade payable or similar obligation to a trade creditor Incurred in the ordinary course of business,
(ii) any earn-out obligations until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and (iii) liabilities accrued in the ordinary course of business),
which purchase price is due more than twelve months after the date of placing the property in service or taking delivery and title thereto, (d) in respect of Capitalized Lease Obligations, or (e) representing any Hedging Obligations, if
and to the extent that any of the foregoing indebtedness would appear as a liability on a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; 

(2) to the extent not otherwise included, any obligation of such Person to be liable for, or to pay, as obligor, guarantor or
otherwise, the obligations referred to in clause (1) of another Person (other than by endorsement of negotiable instruments for collection in the ordinary course of business); and 

(3) to the extent not otherwise included, Indebtedness of another Person secured by a Lien on any asset owned by such Person
(whether or not such Indebtedness is assumed by such Person); provided, however, that the amount of such Indebtedness will be the lesser of: (a) the Fair Market Value (as determined in good faith by the Issuers) of such asset at
such date of Incurrence, and (b) the amount of such Indebtedness of such other Person; 
 provided, however, that, notwithstanding the
foregoing, Indebtedness shall be deemed not to include (1) Contingent Obligations Incurred in the ordinary course of business and not in respect of borrowed money; (2) deferred or prepaid revenues; (3) purchase price holdbacks in
respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed obligations of the respective seller; (4) Obligations under or in respect of Permitted Securitization Financings; (5) trade and other ordinary
course payables, accrued expenses and intercompany liabilities arising in the ordinary course of business; (6) obligations in respect of Third Party Funds; (7) in the case of the Issuers and their Restricted Subsidiaries (x) all
intercompany Indebtedness having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms) and made in the ordinary course of business and (y) intercompany liabilities in connection with cash management, tax and
accounting operations of the Issuers and their Restricted Subsidiaries; and (8) any obligations under Hedging Obligations that are not Incurred for speculative purposes. 

Notwithstanding anything in this Indenture to the contrary, Indebtedness shall not include, and shall be calculated without giving effect to,
the effects of Accounting Standards Codification Topic No. 815 and related interpretations to the extent such effects would otherwise increase or decrease an amount of Indebtedness for any purpose under this Indenture as a result of accounting
for any embedded derivatives created by the terms of such Indebtedness; and any such amounts that would have constituted Indebtedness under this Indenture but for the application of this sentence shall not be deemed an Incurrence of Indebtedness
under this Indenture. 
 “Indenture” means this Indenture, as amended or supplemented from time to time. 

  
 27 

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

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

“Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s or BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency. 

“Investment Grade Securities” means: 

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

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

“Investments” means, with respect to any Person, all investments by such Person in other Persons (including Affiliates) in
the form of loans (including guarantees of loans), advances or capital contributions (excluding accounts receivable, trade credit and advances to customers and commission, travel and similar advances to officers, employees and consultants made in
the ordinary course of business and any assets or securities received in satisfaction or partial satisfaction thereof from financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss and any prepayments
and other credits to suppliers made in the ordinary course of business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities issued by any other Person and investments that are required by GAAP to
be classified on the balance sheet of such Person in the same manner as the other investments included in this definition to the extent such transactions involve the transfer of cash or other property. For purposes of the definition of Unrestricted
Subsidiary and Section 4.04: 
 (1) “Investments” shall include the portion (proportionate to the
applicable Issuer’s equity interest in such Subsidiary) of the Fair Market Value (as determined in good faith by the Issuers) of the net assets of a Subsidiary of an Issuer at the time that such Subsidiary is designated an Unrestricted
Subsidiary; provided, however, that upon a redesignation of such Subsidiary as a Restricted Subsidiary, such Issuer shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary equal to an amount
(if positive) equal to: 
 (a) such Issuer’s “Investment” in such Subsidiary at the time of such redesignation
less 

  
 28 

 (b) the portion (proportionate to such Issuer’s equity interest in such
Subsidiary) of the Fair Market Value (as determined in good faith by the Issuers) of the net assets of such Subsidiary at the time of such redesignation; and 

(2) any property transferred to or from an Unrestricted Subsidiary shall be valued at its Fair Market Value (as determined in
good faith by the Issuers) at the time of such transfer, in each case as determined in good faith by the Board of Directors of the Company. 

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

“Junior Lien Obligations” means Obligations with respect to other Indebtedness permitted to be incurred under this Indenture,
which is by its terms intended to be secured by Liens on the Collateral that rank junior to the Liens thereon securing the Notes. 

“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or similar encumbrance of any
kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement or any lease in the nature thereof); provided that in no event shall
an operating lease or an agreement to sell be deemed to constitute a Lien. 
 “Management Group” means the group consisting
of the directors, executive officers and other management personnel of the Issuers or any direct or indirect parent of the Issuers, as the case may be, on May 2, 2016 together with (1) any new directors whose election by such boards of
directors or whose nomination for election by the shareholders of the Issuers or any direct or indirect parent of the Issuers, as applicable, was approved by a vote of a majority of the directors of the Issuers or any direct or indirect parent of
the Issuers, as applicable, then still in office who were either directors on May 2, 2016 or whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuers or any direct or
indirect parent of the Issuers, as applicable, hired at a time when the directors on May 2, 2016 together with the directors so approved constituted a majority of the directors of the Issuers or any direct or indirect parent of the Issuers, as
applicable. 
 “Material Real Property” means any parcel or parcels of Real Property located in the United States now or
hereafter owned in fee by any Issuer or any Subsidiary Guarantor and having a fair market value (on a per-property basis) of at least $5.0 million as of (x) July 5, 2015, for Real Property owned as
of such date or (y) the date of acquisition, for Real Property acquired after July 5, 2015, in each case as determined by the Company in good faith; provided, that “Material Real Property” shall not include
(i) any Real Property in respect of which any Issuer or a Subsidiary Guarantor does not own the land in fee simple or (ii) any Real Property which the Issuers or a Subsidiary Guarantor leases to a third party. 

“Moody’s” means Moody’s Investors Service, Inc. or any successor to the rating agency business thereof. 

  
 29 

 “Net Income” means, with respect to any Person, the net income (loss) of
such Person and its Restricted Subsidiaries, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends. 

“Net Proceeds” means the aggregate cash proceeds received by an Issuer or any Restricted Subsidiary in respect of any Asset
Sale (including, without limitation, any cash received in respect of or upon the sale or other disposition of any Designated Non-cash Consideration received in any Asset Sale and any cash payments received by
way of deferred payment of principal pursuant to a note or installment receivable or otherwise, but only as and when received, but excluding the assumption by the acquiring person of Indebtedness relating to the disposed assets or other
consideration received in any other non-cash form), net of the direct costs relating to such Asset Sale and the sale or disposition of such Designated Non-cash
Consideration (including, without limitation, legal, accounting and investment banking fees, and brokerage and sales commissions), and any relocation expenses Incurred as a result thereof, taxes paid or payable as a result thereof (including Tax
Distributions and after taking into account any available tax credits or deductions and any tax sharing arrangements related solely to such disposition), amounts required to be applied to the repayment of principal, premium (if any) and interest on
Indebtedness required (other than pursuant to Section 4.06(b)) to be paid as a result of such transaction, and any deduction of appropriate amounts to be provided by the Issuers as a reserve in accordance with GAAP against any liabilities
associated with the asset disposed of in such transaction and retained by the Issuers after such sale or other disposition thereof, including, without limitation, pension and other post-employment benefit liabilities and liabilities related to
environmental matters or against any indemnification obligations associated with such transaction. 
 Notwithstanding the foregoing or
anything to the contrary in Section 4.06 to the extent that the Issuers have determined in good faith that repatriation (i) of any or all of the Net Proceeds of any Asset Sales by a Foreign Subsidiary is prohibited, restricted or delayed
by applicable local law or (ii) of any or all of the Net Proceeds of any Asset Sales by a Foreign Subsidiary that could result in a material adverse tax consequence, the portion of such Net Proceeds so affected will not constitute Net Proceeds
or be required to be applied in compliance with Section 4.06; provided that, in any event, the Issuers shall use their commercially reasonable efforts to take actions within their reasonable control that are reasonably required to
eliminate such tax effects. 
 “New Project” means (x) each plant, facility, branch or store which is either a new
plant, facility, branch or store or an expansion, relocation, remodeling, or substantial modernization of an existing plant, facility, branch or store owned by the Issuers or the Restricted Subsidiaries which in fact commences operations and
(y) each creation (in one or a series of related transactions) of a business unit (including, without limitation, individual facilities or branches) 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. 
 “Notes Obligations” means Obligations in respect of the Notes, this
Indenture, the Subsidiary Guarantees and the Security Documents. 

  
 30 

 “Obligations” means any principal, interest, penalties, fees,
indemnifications, reimbursements (including, without limitation, reimbursement obligations with respect to letters of credit and bankers’ acceptances), damages and other liabilities payable under the documentation governing any Indebtedness
(including interest, fees, expenses, indemnity claims and other monetary obligations accrued during the pendency of an insolvency proceeding, whether or not constituting an allowed claim in such proceeding); provided that Obligations with
respect to the Notes shall not include fees or indemnifications in favor of third parties other than the Trustee. 
 “Offering
Memorandum” means the offering memorandum, dated January 16, 2020, relating to the issuance of the Initial Notes. 

“Officer” means the Chairman of the Board, Chief Executive Officer, Chief Financial Officer, President, any Executive Vice
President, Senior Vice President or Vice President, the Treasurer or the Secretary of an Issuer. 
 “Officer’s
Certificate” means a certificate signed on behalf of the Issuers by an Officer of each Issuer, who is the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of such Issuer, which
meets the requirements set forth in this Indenture. 
 “Opinion of Counsel” means a written opinion from legal counsel who
is acceptable to the Trustee. The counsel may be an employee of or counsel to the Issuers. 
 “Other First Lien Facility
Obligations” means other Indebtedness or Obligations of the Issuers and their Restricted Subsidiaries that are secured by Liens on the Collateral that rank senior to the Liens thereon securing the Notes, including Indebtedness under the ADT
First Lien Notes and the First-Priority Notes. 
 “Other Second Lien Obligations” means other Indebtedness of the Issuers
and the Restricted Subsidiaries secured by Liens on the Collateral that rank pari passu with the Liens thereon securing the Notes as permitted by this Indenture and is designated by the Issuers as an Other Second Lien Obligation in an Officer’s
Certificate delivered to the Trustee, provided that an authorized representative of the holders of such Indebtedness shall have executed a joinder to the Security Documents. 

“Pari Passu Indebtedness” means: (a) with respect to the Issuers, the Notes and any Indebtedness which ranks pari
passu in right of payment to the Notes; and (b) with respect to any Subsidiary Guarantor, its Subsidiary Guarantee and any Indebtedness which ranks pari passu in right of payment to such Subsidiary Guarantor’s Subsidiary
Guarantee. 
 “Permitted Holders” means, at any time, each of (i) the Sponsors, (ii) the Management Group,
(iii) any Person that has no material assets other than the Capital Stock of the Company, any direct or indirect parent of the Company and other Permitted Holders and, directly or indirectly, holds or acquires 100% of the total voting power of
the Voting Stock of the Company, and of which no other Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), other than any of the other Permitted Holders, holds more
than 50% of the total voting power of the Voting Stock thereof, 

  
 31 

 
and any New Parent and its subsidiaries, (iv) any Person who is acting solely as an underwriter in connection with a public or private offering of Equity Interests of the Company or any of
its direct or indirect parent companies, acting in such capacity and (v) any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) the members of which include any of the
Permitted Holders specified in clauses (i), (ii), (iii) and (iv) above and that, directly or indirectly, hold or acquire beneficial ownership of the Voting Stock of the Company (a “Permitted Holder Group”), so long as
(1) no member of the Permitted Holder Group (other than Permitted Holders specified in clauses (i), (ii), (iii) and (iv) above) has the right to elect a number of directors that is greater than such member’s proportional share of
directors (with such member’s proportional share of directors being determined based on the total number of directors on the applicable board of directors multiplied by the percentage of Voting Stock held or acquired by such member) and
(2) no Person or other “group” (other than Permitted Holders specified in clauses (i), (ii), (iii) and (iv) above) beneficially owns more than 50% on a fully diluted basis of the Voting Stock held by the Permitted Holder Group.
Any Person or group whose acquisition of beneficial ownership constitutes a Change of Control in respect of which a Change of Control Offer is made in accordance with the requirements of this Indenture will thereafter, together with its Affiliates,
constitute an additional Permitted Holder. 
 “Permitted Investments” means: 

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

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

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

(5) any Investment existing on, or made pursuant to binding commitments existing on, the Issue Date or an Investment consisting
of any extension, modification or renewal of any Investment existing on the Issue Date; provided that the amount of any such Investment may be increased (x) as required by the terms of such Investment as in existence on the Issue Date or
(y) as otherwise permitted under this Indenture; 

  
 32 

 (6) loans and advances to officers, directors, employees or consultants of
the Issuers or any of their Subsidiaries (i) in the ordinary course of business in an aggregate outstanding amount (valued in good faith by the Issuers at the time of the making thereof, and without giving effect to any write-downs or
write-offs thereof) not to exceed the greater of $150.0 million and 5.0% of Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such
event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters, (ii) in respect of payroll payments and expenses in the ordinary course of business and (iii) in connection with such
person’s purchase of Equity Interests of the Company or any direct or indirect parent of the Company solely to the extent that the amount of such loans and advances shall be contributed to the Company in cash as common equity; 

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

(8) Hedging Obligations permitted under Section 4.03(b)(x); 

(9) any Investment by an Issuer or any Restricted Subsidiary in a Similar Business in an aggregate outstanding amount (valued
in good faith by the Issuers at the time of the making thereof, and without giving effect to any write-downs or write-offs thereof), taken together with all other Investments made pursuant to this clause (9) that are at that time outstanding,
not to exceed the sum of (x) the greater of (i) $150.0 million and (ii) 5.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available
immediately preceding such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters plus (y) an amount equal to any returns (including dividends, interest, distributions, returns of
principal, profits on sale, repayments, income and similar amounts) actually received in respect of any such Investment (with the Fair Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in
value); provided, however, that if any Investment pursuant to this clause (9) is made in any Person that is not an Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes an Issuer or a
Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (9) for so long as such Person continues to be an
Issuer or a Restricted Subsidiary; 
 (10) additional Investments by an Issuer or any Restricted Subsidiary in an aggregate
outstanding amount (valued in good faith by the Issuers at the time of the making thereof, and without giving effect to any write-downs or write-offs thereof), taken together with all other Investments made pursuant to this clause (10) that are
at that time outstanding, not to exceed the sum of (x) the greater of (i) $350.0 million and (ii) 12.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements
have been made available immediately preceding 

  
 33 

 
such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters plus (y) an amount equal to any returns (including dividends, interest,
distributions, returns of principal, profits on sale, repayments, income and similar amounts) actually received in respect of any such Investment (with the Fair Market Value of each Investment being measured at the time made and without giving
effect to subsequent changes in value); provided, however, that if any Investment pursuant to this clause (10) is made in any Person that is not an Issuer or a Restricted Subsidiary at the date of the making of such Investment and such
Person becomes an Issuer or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (10) for so long as
such Person continues to be an Issuer or a Restricted Subsidiary; 
 (11) loans and advances to officers, directors or
employees for business-related travel expenses, moving expenses and other similar expenses, in each case Incurred in the ordinary course of business or consistent with past practice or to fund such person’s purchase of Equity Interests of the
Company or any direct or indirect parent of the Company; 
 (12) Investments the payment for which consists of Equity
Interests of the Company (other than Disqualified Stock) or any direct or indirect parent of the Company, as applicable; provided, however, that such Equity Interests will not increase the amount available for Restricted Payments under clause
(3) of the definition of “Cumulative Credit”; 
 (13) any transaction to the extent it constitutes an
Investment that is permitted by and made in accordance with the provisions of Section 4.07(b) (except transactions described in clauses (ii), (iv), (vi), (ix)(B) and (xvi) of Section 4.07(b)); 

(14) Investments consisting of the licensing or contribution of intellectual property pursuant to joint marketing or other
arrangements with other Persons; 
 (15) guarantees issued in accordance with Section 4.03 and Section 4.11
including, without limitation, any guarantee or other obligation issued or incurred under the First Lien Credit Agreement in connection with any letter of credit issued for the account of the Issuers or any of their Subsidiaries (including with
respect to the issuance of, or payments in respect of drawings under, such letters of credit); 
 (16) Investments consisting
of or to finance purchases and acquisitions of inventory, supplies, materials, services or equipment or purchases of contract rights or licenses or leases of intellectual property; 

(17) any Investment in a Special Purpose Securitization Subsidiary or any Investment by a Special Purpose Securitization
Subsidiary in any other Person in connection with a Permitted Securitization Financing, including Investments of funds held in accounts permitted or required by the arrangements governing such Permitted Securitization Financing or any related
Indebtedness; 

  
 34 

 (18) any Investment in an entity which is not a Restricted Subsidiary to
which a Restricted Subsidiary sells Securitization Assets pursuant to a Permitted Securitization Financing; 
 (19)
additional Investments in joint ventures not to exceed, at any one time in the aggregate outstanding under this clause (19), the sum of (x) the greater of $150.0 million and 5.0% of the Pro Forma EBITDA of the Issuers for the most
recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters plus
(y) an amount equal to any returns (including dividends, interest, distributions, returns of principal, profits on sale, repayments, income and similar amounts) actually received in respect of any such Investment (with the Fair Market Value of
each Investment being measured at the time such Investment is made and without giving effect to subsequent changes in value); provided, however, that an Issuer or any Restricted Subsidiary may make additional Investments in joint
ventures if the Total Indebtedness Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available immediately preceding such Investment is not greater than 3.40 to 1.00 on a pro forma
basis after giving effect to such Investment as if it had occurred at the beginning of such four fiscal quarters; provided, further, however, that if any Investment pursuant to this clause (19) is made in any Person that is
not an Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes an Issuer or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause
(1) above and shall cease to have been made pursuant to this clause (19) for so long as such Person continues to be an Issuer or a Restricted Subsidiary; 

(20) Investments of a Restricted Subsidiary acquired after the Issue Date or of an entity merged into, amalgamated with, or
consolidated with an Issuer or a Restricted Subsidiary in a transaction that is not prohibited by Section 5.01 after the Issue Date to the extent that such Investments were not made in contemplation of such acquisition, merger, amalgamation or
consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation; 
 (21)
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; 

(22) advances in the form of a prepayment of expenses, so long as such expenses are being paid in accordance with customary
trade terms of the Issuers or their Restricted Subsidiaries; 

  
 35 

 (23) any Investment in any Subsidiary of the Issuers or any joint venture in
connection with intercompany cash management arrangements or related activities arising in the ordinary course of business; 

(24) guarantees of Indebtedness under customer financing lines of credit in the ordinary course of business; 

(25) any Investment so long as immediately after giving effect to such Investment, the Total Indebtedness Leverage Ratio for
the most recently ended four fiscal quarters for which financial statements have been made available immediately preceding such Investment is not greater than 3.40 to 1.00; and 

(26) Investments in any ADT First Lien Notes, First-Priority Notes or the Notes including any refinancing, refunding,
extension, renewal or replacement (or successive refinancings, refundings, extensions, renewals or replacements) as a whole, or in part, of any ADT First Lien Notes, First-Priority Notes or the Notes. 

“Permitted Liens” means, with respect to any Person: 

(1) pledges or deposits and other Liens granted by such Person under workmen’s compensation laws, unemployment insurance
laws or similar legislation, or good faith deposits in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases to which such Person is a party, or deposits to secure public or statutory obligations of such
Person or deposits of cash or U.S. government bonds to secure surety or appeal bonds, performance and return of money bonds, or deposits as security for contested taxes or import duties or for the payment of rent, in each case Incurred in the
ordinary course of business; 
 (2) Liens imposed by law, such as landlord’s, carriers’, warehousemen’s,
mechanics’, materialmen’s, repairmen’s, construction or other like Liens securing obligations that are not overdue by more than 30 days or that are being contested in good faith by appropriate proceedings or other Liens arising out of
judgments or awards against such Person with respect to which such Person shall then be proceeding with an appeal or other proceedings for review; 

(3) Liens for taxes, assessments or other governmental charges not yet overdue by more than 30 days or that are being contested
in good faith by appropriate proceedings; 
 (4) Liens in favor of issuers of performance and surety bonds or bid bonds or
with respect to other regulatory requirements or letters of credit, bankers’ acceptances or similar obligations issued pursuant to the request of and for the account of such Person in the ordinary course of its business; 

(5) minor survey exceptions, minor encumbrances, trackage rights, special assessments, easements or reservations of, or rights
of others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, servicing agreements, development agreements,
site plan agreements and other similar 

  
 36 

 
encumbrances incurred in the ordinary course of business or zoning or other restrictions as to the use of real properties or Liens incidental to the conduct of the business of such Person or to
the ownership of its properties which were not Incurred in connection with Indebtedness and which do not in the aggregate materially adversely affect the value of said properties or materially impair their use in the operation of the business of
such Person; 
 (6) (A) Liens on assets of a Subsidiary that is not a Subsidiary Guarantor securing Indebtedness of a
Subsidiary that is not a Subsidiary Guarantor permitted to be Incurred pursuant to Section 4.03; 
 (B) Liens (including
Liens securing First Priority Lien Obligations) securing obligations in respect of (x) Indebtedness permitted to be Incurred pursuant to clauses (i) and (xxvii) of Section 4.03(b) of this Indenture and (y) any Indebtedness
permitted to be Incurred under this Indenture if, as of the date such Indebtedness was Incurred, and after giving pro forma effect thereto and the application of the net proceeds therefrom, the Senior Secured Leverage Ratio for the most
recently ended four fiscal quarters for which financial statements have been made available, determined on a pro forma basis, does not exceed 3.20 to 1.00 (provided that for purposes of determining the amount of Liens that may be Incurred
under this clause (6)(B)(y), all such Indebtedness shall be treated as Secured Indebtedness constituting First Priority Lien Obligations); provided that if such Liens secure First Priority Lien Obligations or Second Priority Lien Obligations,
such Liens shall be subject to the First Lien/Second Lien Intercreditor Agreement; 
 (C) Liens (other than Liens securing
First Priority Lien Obligations) securing obligations in respect of (x) Indebtedness permitted to be Incurred pursuant to clause (ii) of Section 4.03(b) of this Indenture (including Liens securing the Notes Obligations) and
(y) any Indebtedness permitted to be Incurred under this Indenture if, as of the date such Indebtedness was Incurred, and after giving pro forma effect thereto and the application of the net proceeds therefrom, the Secured Leverage Ratio
for the most recently ended four fiscal quarters for which financial statements have been made available, determined on a pro forma basis, does not exceed 3.60 to 1.00, provided that if such Liens secure Second Priority Obligations, such
Liens shall be subject to the First Lien/Second Lien Intercreditor Agreement; 
 (D) Liens securing Obligations in respect of
Indebtedness permitted to be Incurred pursuant to clause (iv), (xii) (or (xiv) to the extent it guarantees any such Indebtedness), (xvi) or (xx) of Section 4.03(b) of this Indenture (provided that (i) in the case of clause
(xvi), Liens securing First Priority Lien Obligations in respect of Indebtedness Incurred pursuant to clause (xvi) of Section 4.03(b) shall only be permitted under this clause (D) if, on a pro forma basis after giving effect to
the Incurrence of such Indebtedness and Liens, the Senior Secured Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available, determined on a pro forma basis, does not exceed 3.20 to

  
 37 

 
1.00 or the Senior Secured Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available, determined on a pro forma basis, would be no
greater than immediately prior to such Incurrence, (ii) in the case of clause (xvi) of Section 4.03(b), Liens (other than Liens securing First Priority Lien Obligations) in respect of Indebtedness Incurred pursuant to clause
(xvi) shall only be permitted under this clause (D) if, on a pro forma basis after giving effect to the Incurrence of such Indebtedness and Liens, the Secured Leverage Ratio for the most recently ended four fiscal quarters for which
financial statements have been made available, determined on a pro forma basis, does not exceed 3.60 to 1.00 or the Secured Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available,
determined on a pro forma basis, would be no greater than immediately prior to such Incurrence and (iii) in the case of clause (xx), such Lien does not extend to the property or assets of any Subsidiary of an Issuer other than a Restricted
Subsidiary that is not a Subsidiary Guarantor). 
 (7) Liens existing on the Issue Date (other than Liens in favor of
(w) holders of the Notes, (x) the lenders under the First Lien Credit Agreement, (y) holders of the ADT First Lien Notes or (z) holders of the First-Priority Notes); 

(8) Liens on assets, property or shares of stock of a Person at the time such Person becomes a Subsidiary; provided,
however, that such Liens (other than Liens to secure Indebtedness Incurred pursuant to clause (xvi) of Section 4.03(b)) are not created or Incurred in connection with, or in contemplation of, such other Person becoming such a
Subsidiary; provided, further, however, that such Liens (other than Liens to secure Indebtedness Incurred pursuant to clause (xvi) of Section 4.03(b)) may not extend to any other property owned by an Issuer or any
Restricted Subsidiary (other than pursuant to after-acquired property clauses in effect with respect to such Lien at the time of acquisition on property of the type that would have been subject to such Lien notwithstanding the occurrence of such
acquisition); 
 (9) Liens on assets or property at the time an Issuer or a Restricted Subsidiary acquired the assets or
property, including any acquisition by means of a merger, amalgamation or consolidation with or into an Issuer or any Restricted Subsidiary; provided, however, that such Liens (other than Liens to secure Indebtedness Incurred pursuant
to clause (xvi) of Section 4.03(b) of this Indenture are not created or Incurred in connection with, or in contemplation of, such acquisition; provided, further, however, that the Liens (other than Liens to secure
Indebtedness Incurred pursuant to clause (xvi) of Section 4.03(b)) may not extend to any other property owned by an Issuer or any Restricted Subsidiary (other than pursuant to after-acquired property clauses in effect with respect to such
Lien at the time of acquisition on property of the type that would have been subject to such Lien notwithstanding the occurrence of such acquisition); 

(10) Liens securing Indebtedness or other obligations of an Issuer or a Restricted Subsidiary owing to another Issuer or
another Restricted Subsidiary permitted to be Incurred in accordance with Section 4.03; 

  
 38 

 (11) Liens securing Hedging Obligations not incurred in violation of this
Indenture; provided that, with respect to Hedging Obligations relating to Indebtedness, such Lien extends only to the property securing such Indebtedness (other than Hedging Obligations constituting Secured Bank Indebtedness); 

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

(13) leases and subleases of real property which do not materially interfere with the ordinary conduct of the business of an
Issuer or any of the Restricted Subsidiaries; 
 (14) Liens arising from Uniform Commercial Code financing statement filings
regarding operating leases or other obligations not constituting Indebtedness; 
 (15) Liens in favor of an Issuer or any
Subsidiary Guarantor; 
 (16) Liens in respect of Permitted Securitization Financings that extend only to the assets subject
thereto; 
 (17) pledges and deposits and other Liens made in the ordinary course of business to secure liability to
insurance carriers; 
 (18) Liens on the Equity Interests of Unrestricted Subsidiaries; 

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

  
 39 

 
of any Liens to secure any refinancing, refunding, extension or renewal of Indebtedness secured by a Lien referred to in clause (6)(B), (6)(C) or (6)(D), the principal amount of any
Indebtedness Incurred for such refinancing, refunding, extension or renewal shall be deemed secured by a Lien under clause (6)(B), (6)(C) or (6)(D) and not this clause (20) for purposes of determining the principal amount of Indebtedness
outstanding under clause (6)(B), (6)(C) or (6)(D); 
 (21) Liens on equipment of an Issuer or any Restricted Subsidiary
granted in the ordinary course of business to such Issuer’s or such Restricted Subsidiary’s client at which such equipment is located; 

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

(23) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale or purchase of
goods entered into in the ordinary course of business; 
 (24) Liens incurred to secure cash management services or to
implement cash pooling arrangements in the ordinary course of business; 
 (25) other Liens securing obligations the
outstanding principal amount of which does not, taken together with the principal amount of all other obligations secured by Liens incurred under this clause (25) and any Liens to secure any refinancing, refunding, extension or renewal in
respect thereof incurred pursuant to clause (20) above, that are at that time outstanding, exceed the greater of $425.0 million and 15.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for
which financial statements have been made available immediately preceding such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters; 

(26) any encumbrance or restriction (including put and call arrangements) with respect to Capital Stock of any joint venture or
similar arrangement securing obligations of such joint venture or pursuant to any joint venture or similar agreement; 
 (27)
any amounts held by a trustee in the funds and accounts under an indenture securing any revenue bonds issued for the benefit of an Issuer or any Restricted Subsidiary, under any indenture issued in escrow pursuant to customary escrow arrangements
pending the release thereof, or under any indenture pursuant to customary discharge, redemption or defeasance provisions; 

(28) Liens (i) arising by virtue of any statutory or common law provisions relating to banker’s Liens, rights of set-off or similar rights and remedies as to deposit accounts or other funds maintained with a depository or financial institution, (ii) attaching to commodity trading accounts or other commodity brokerage
accounts incurred in the ordinary course of business or (iii) encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to brokerage accounts incurred in the ordinary course of business and not for
speculative purposes; 

  
 40 

 (29) Liens (i) in favor of credit card companies pursuant to agreements
therewith and (ii) in favor of customers; 
 (30) Liens disclosed by the title insurance policies delivered on (with
respect to all mortgages delivered on the Issue Date) or subsequent to the Issue Date and pursuant to the First Lien Credit Agreement, the ADT First Lien Notes, the First-Priority Notes and any replacement, extension or renewal of any such Lien;
provided that such replacement, extension or renewal Lien shall not cover any property other than the property that was subject to such Lien prior to such replacement, extension or renewal; provided, further, that the
Indebtedness and other obligations secured by such replacement, extension or renewal Lien are permitted under this Indenture; 

(31) Liens that are contractual rights of set-off or rights of pledge (a) relating
to the establishment of depository relations with banks not given in connection with the issuance of Indebtedness, (b) relating to pooled deposit or sweep accounts of the Issuers or any of their Restricted Subsidiaries to permit satisfaction of
overdraft or similar obligations incurred in the ordinary course of business of the Issuers and their Restricted Subsidiaries or (c) relating to purchase orders and other agreements entered into with customers, suppliers or service providers of
an Issuer or any Restricted Subsidiary in the ordinary course of business; 
 (32) in the case of real property that
constitutes a leasehold interest, any Lien to which the fee simple interest (or any superior leasehold interest) is subject; 

(33) Liens in respect of Third Party Funds; 

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

(35) Liens on securities that are the subject of repurchase agreements constituting Cash Equivalents under clause (4) of
the definition thereof; 
 (36) Liens securing insurance premium financing arrangements; provided that such Liens are limited
to the applicable unearned insurance premiums; and 
 (37) Liens on the Collateral securing Junior Lien Obligations;
provided that the Notes are secured by Liens on the Collateral that rank senior to such Obligations until such time as such obligations are no longer secured by a Lien; provided, further that such Liens shall be subject to a
customary intercreditor agreement. 

  
 41 

 “Permitted Securitization Financing” means one or more transactions
pursuant to which (i) Securitization Assets or interests therein are sold to or financed by one or more Special Purpose Securitization Subsidiaries, and (ii) such Special Purpose Securitization Subsidiaries finance their acquisition of
such Securitization Assets or interests therein, or the financing thereof, by selling or borrowing against Securitization Assets and any hedging agreements entered into in connection with such Securitization Assets; provided, that recourse to an
Issuer or any Restricted Subsidiary (other than the Special Purpose Securitization Subsidiaries) in connection with such transactions shall be limited to the extent customary (as determined by an Issuer in good faith) for similar transactions in the
applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/“absolute transfer” opinion with respect to any transfer by an Issuer or any Restricted Subsidiary (other
than a Special Purpose Securitization Subsidiary)). 
 “Person” or “person” means any individual, corporation,
partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 

“Preferred Stock” means any Equity Interest with preferential right of payment of dividends or upon liquidation, dissolution,
or winding up. 
 “Pre-Opening Expenses” means, with respect to any fiscal period,
the amount of expenses (other than interest expense) incurred with respect to branches which are classified as “pre-opening rent,” “pre-opening
expenses” or “branch-opening costs” (or any similar or equivalent caption). 
 “Pro Forma EBITDA” means,
with respect to any Person, at any date, the EBITDA of such Person for the full four fiscal quarters for which financial statements have been made available immediately preceding such date, subject to the following adjustments. In the event that an
Issuer or any Restricted Subsidiary Incurs, repays, repurchases or redeems any Indebtedness subsequent to the commencement of the period for which Pro Forma EBITDA is being calculated but prior to the event for which the calculation of Pro Forma
EBITDA is made (the “Pro Forma EBITDA Calculation Date”), then Pro Forma EBITDA shall be calculated giving pro forma effect to such Incurrence, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or
redemption of Disqualified Stock or Preferred Stock as if the same had occurred at the beginning of the applicable four-quarter period. 

For purposes of making the computation referred to above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and
discontinued operations (as determined in accordance with GAAP) and any operational changes, business realignment projects or initiatives, New Projects, restructurings or reorganizations that an Issuer or any Restricted Subsidiary has determined to
make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Pro Forma EBITDA Calculation Date (each, for purposes of this definition, a “pro forma
event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, amalgamations, consolidations, discontinued operations and other operational changes, business realignment projects or
initiatives, New Projects, restructurings or reorganizations (and the change of any associated fixed charge obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If since the
beginning of such period any Person that subsequently became a Restricted 

  
 42 

 
Subsidiary or was merged with or into an Issuer or any Restricted Subsidiary since the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation,
amalgamation, discontinued operation, operational change, business realignment project or initiative, New Project, restructuring or reorganization that would have required adjustment pursuant to this definition, then Pro Forma EBITDA shall be
calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation, merger, amalgamation, consolidation, operational change, business realignment project or initiative, New Project,
restructuring or reorganization had occurred at the beginning of the applicable four-quarter period. If since the beginning of such period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any Unrestricted Subsidiary is
designated a Restricted Subsidiary, then Pro Forma EBITDA shall be calculated giving pro forma effect thereto for such period as if such designation had occurred at the beginning of the applicable four-quarter period. 

For purposes of this definition, whenever pro forma effect is to be given to any pro forma event, the pro forma calculations shall be made in
good faith by a responsible financial or accounting officer of the Issuers. Any such pro forma calculation may include adjustments appropriate, in the reasonable good faith determination of the Issuers, to reflect (1) operating expense
reductions and other operating improvements, synergies or cost savings reasonably expected to result from the applicable event, and (2) all adjustments of the nature used in connection with the calculation of “Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other Data” under “Summary” in the Offering Memorandum to the extent such adjustments, without duplication,
continue to be applicable to such four-quarter period. 
 If any Indebtedness bears a floating rate of interest and is being given pro forma
effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Pro Forma EBITDA Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such
Indebtedness if such Hedging Obligation has a remaining term in excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of
the Issuers to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under a revolving credit facility computed on a pro
forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a
eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuers may designate. 

For purposes of making the computation referred to above, in giving effect to each New Project which commences operations and records not less
than one full fiscal quarter’s operations during such period, the operating results of such New Project shall be annualized on a straight line basis during such period, taking into account any seasonality adjustments determined by the Issuers
in good faith. 

  
 43 

 “Public Company Compliance” means compliance with the requirements of the
Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith, the provisions of the Securities Act and the Exchange Act, and the rules of national securities exchange listed companies (in each case, as applicable to
companies with equity or debt securities held by the public), including procuring directors’ and officers’ insurance, legal and other professional fees, and listing fees. 

“Rating Agency” means (1) each of Moody’s and S&P and (2) if Moody’s or S&P ceases to rate the
Notes for reasons outside of the Issuers’ control, a “nationally recognized statistical rating organization” within the meaning of Rule 15cs-1(c)(2)(vi)(F) under the Exchange Act selected by an
Issuer or any direct or indirect parent of the Company as a replacement agency for Moody’s or S&P, as the case may be. 

“Real Property” means, collectively, all right, title and interests (including any leasehold, mineral or other estate) in and
to any and all parcels of or interests in real property owned, leased or operated by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all buildings,
structures, parking areas and improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof. 

“Receivables Assets” means accounts receivable (including any bills of exchange) and related assets and property from time to
time originated, acquired or otherwise owned by an Issuer or any Subsidiary. 
 “Record Date” has the meaning specified in
Exhibit A hereto. 
 “Restricted Cash” means cash and Cash Equivalents held by Restricted
Subsidiaries that would appear as “restricted” on a consolidated balance sheet of the Issuers or any of their Restricted Subsidiaries. 

“Restricted Investment” means an Investment other than a Permitted Investment. 

“Restricted Subsidiary” means, with respect to any Person, any Subsidiary of such Person other than an Unrestricted
Subsidiary of such Person. Unless otherwise indicated in this Indenture, all references to Restricted Subsidiaries shall mean Restricted Subsidiaries of the Issuers. 

“Sale/Leaseback Transaction” means an arrangement relating to property now owned or hereafter acquired by an Issuer or a
Restricted Subsidiary whereby such Issuer or such Restricted Subsidiary transfers such property to a Person and such Issuer or such Restricted Subsidiary leases it from such Person, other than leases between an Issuer and a Restricted Subsidiary or
between Issuers or Restricted Subsidiaries. 
 “S&P” means Standard & Poor’s Ratings Group or any
successor to the rating agency business thereof. 
 “SEC” means the Securities and Exchange Commission. 

  
 44 

 “Second Priority Lien Obligations” means, collectively, the Notes and each
series of Other Second Lien Obligations, or any of the foregoing. 
 “Secured Bank Indebtedness” means any Bank
Indebtedness that is secured by a Permitted Lien incurred or deemed incurred pursuant to clause (6) of the definition of Permitted Liens, as designated by the Issuers to be included in this definition. 

“Secured Indebtedness” means any Consolidated Total Indebtedness secured by a Lien. 

“Secured Cash Management Agreement” means any Cash Management Agreement that is entered into by and between Holdings, any
Issuer or any Subsidiary Guarantor and any Cash Management Bank, or any Guarantee by Holdings, any Issuer or any Subsidiary Guarantor of any Cash Management Agreement entered into by and between any Subsidiary and any Cash Management Bank, in each
case to the extent that such Cash Management Agreement or such Guarantee, as applicable, is not otherwise designated in writing by the Company and such Cash Management Bank to the administrative agent under the First Lien Credit Agreement to not be
included as a Secured Cash Management Agreement. 
 “Secured Hedge Agreement” means any Hedging Agreement that is entered
into by and between Holdings, any Issuer or any Subsidiary Guarantor and any Hedge Bank, or any Guarantee by Holdings, any Issuer or any Subsidiary Guarantor of any Hedging Agreement entered into by and between any Subsidiary and any Hedge Bank, in
each case to the extent that such Hedging Agreement or such Guarantee, as applicable, is not otherwise designated in writing by the Company and such Hedge Bank to the administrative agent under the First Lien Credit Agreement to not be included as a
Secured Hedge Agreement. 
 “Secured Leverage Ratio” means, with respect to any Person, at any date, the ratio of
(i) Secured Indebtedness of such Person and its Restricted Subsidiaries as of such date of calculation (determined on a consolidated basis in accordance with GAAP) less the amount of cash and Cash Equivalents in excess of any Restricted Cash
that would be stated on the balance sheet of such Person and its Restricted Subsidiaries and held by such Person and its Restricted Subsidiaries as of such date of determination to (ii) EBITDA of such Person for the four full fiscal quarters
for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred. In the event that an Issuer or any Restricted Subsidiary Incurs, repays, repurchases or redeems any
Indebtedness subsequent to the commencement of the period for which the Secured Leverage Ratio is being calculated but prior to the event for which the calculation of the Secured Leverage Ratio is made (the “Secured Leverage Calculation
Date”), then the Secured Leverage Ratio shall be calculated giving pro forma effect to such Incurrence, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock or Preferred Stock
as if the same had occurred at the beginning of the applicable four-quarter period. 
 For purposes of making the computation referred to
above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and discontinued operations (as determined in accordance with GAAP) and any operational changes, business realignment projects or initiatives, New Projects,
restructurings or reorganizations that an Issuer or any 

  
 45 

 
Restricted Subsidiary has determined to make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Secured
Leverage Calculation Date (each, for purposes of this definition, a “pro forma event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, amalgamations, consolidations,
discontinued operations and other operational changes, business realignment projects or initiatives, New Projects, restructurings or reorganizations (and the change of any associated fixed charge obligations and the change in EBITDA resulting
therefrom) had occurred on the first day of the four-quarter reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into an Issuer or any Restricted Subsidiary since
the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation, amalgamation, discontinued operation, operational change, business realignment project or initiative, New Project, restructuring or
reorganization that would have required adjustment pursuant to this definition, then the Secured Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued
operation, merger, amalgamation, consolidation, operational change, business realignment project or initiative, New Project, restructuring or reorganization had occurred at the beginning of the applicable four-quarter period. If since the beginning
of such period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any Unrestricted Subsidiary is designated a Restricted Subsidiary, then the Secured Leverage Ratio shall be calculated giving pro forma effect thereto for such
period as if such designation had occurred at the beginning of the applicable four-quarter period. 
 For purposes of this definition,
whenever pro forma effect is to be given to any pro forma event, the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Issuers. Any such pro forma calculation may include adjustments
appropriate, in the reasonable good faith determination of the Issuers, to reflect (1) operating expense reductions and other operating improvements, synergies or cost savings reasonably expected to result from the applicable event, and
(2) all adjustments of the nature used in connection with the calculation of “Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other
Data” under “Summary” in the Offering Memorandum to the extent such adjustments, without duplication, continue to be applicable to such four-quarter period. 

If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be
calculated as if the rate in effect on the Secured Leverage Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness if such Hedging Obligation has a remaining
term in excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of the Issuers to be the rate of interest implicit in such
Capitalized Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under a revolving credit facility computed on a pro forma basis shall be computed based upon the average
daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate,
shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuers may designate. 

  
 46 

 For purposes of making the computation referred to above, in giving effect to each New
Project which commences operations and records not less than one full fiscal quarter’s operations during such period, the operating results of such New Project shall be annualized on a straight line basis during such period, taking into account
any seasonality adjustments determined by the Issuers in good faith. 
 For purposes of this definition, any amount in a currency other than
U.S. dollars will be converted to U.S. dollars based on the average exchange rate for such currency for the most recent twelve month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA
for the applicable period. 
 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations
of the SEC promulgated thereunder. 
 “Securitization Assets” means any of the following assets (or interests therein) from
time to time originated, acquired or otherwise owned by an Issuer or any Subsidiary or in which an Issuer or any Subsidiary has any rights or interests, in each case, without regard to where such assets or interests are located: (a) Receivables
Assets, (b) franchise fee payments and other revenues related to franchise agreements, (c) royalty and other similar payments made related to the use of trade names and other intellectual property, business support, training and other
services, (d) revenues related to distribution and merchandising of the products of an Issuer and its Subsidiaries, (e) rents, real estate taxes and other non-royalty amounts due from franchisees,
(f) intellectual property rights relating to the generation of any of the foregoing types of assets, (g) parcels of or interests in real property, together with all easements, hereditaments and appurtenances thereto, all improvements and
appurtenant fixtures and equipment, incidental to the ownership, lease or operation thereof, and (h) any other assets and property to the extent customarily included in securitization transactions of the relevant type in the applicable
jurisdictions (as determined by the Issuers in good faith). 
 “Security Documents” means the security agreements, pledge
agreements, collateral assignments, mortgages and related agreements, as amended, supplemented, restated, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified from time to time, creating the security interests in the
Collateral in favor of the Collateral Agent for the benefit of the Trustee and the holders of the Notes. 
 “Senior Secured Leverage
Ratio” means, with respect to any Person, at any date, the ratio of (i) Secured Indebtedness of such Person and its Restricted Subsidiaries constituting First Priority Lien Obligations as of such date of calculation (determined on a
consolidated basis in accordance with GAAP) less the amount of cash and Cash Equivalents in excess of any Restricted Cash that would be stated on the balance sheet of such Person and its Restricted Subsidiaries and held by such Person and its
Restricted Subsidiaries as of such date of determination to (ii) EBITDA of such Person for the four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional
Indebtedness is Incurred. In the event that an Issuer or any Restricted Subsidiary Incurs, repays, 

  
 47 

 
repurchases or redeems any Indebtedness subsequent to the commencement of the period for which the Senior Secured Leverage Ratio is being calculated but prior to the event for which the
calculation of the Senior Secured Leverage Ratio is made (the “Senior Secured Leverage Calculation Date”), then the Senior Secured Leverage Ratio shall be calculated giving pro forma effect to such Incurrence, repayment, repurchase
or redemption of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock or Preferred Stock as if the same had occurred at the beginning of the applicable four-quarter period. 

For purposes of making the computation referred to above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and
discontinued operations (as determined in accordance with GAAP) and any operational changes, business realignment projects or initiatives, New Projects, restructurings or reorganizations that an Issuer or any Restricted Subsidiary has determined to
make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Senior Secured Leverage Calculation Date (each, for purposes of this definition, a “pro forma
event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, amalgamations, consolidations, discontinued operations and other operational changes, business realignment projects or
initiatives, New Projects, restructurings or reorganizations (and the change of any associated fixed charge obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If since the
beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into an Issuer or any Restricted Subsidiary since the beginning of such period shall have made any Investment, acquisition, disposition,
merger, consolidation, amalgamation, discontinued operation, operational change, business realignment project or initiative, New Project, restructuring or reorganization that would have required adjustment pursuant to this definition, then the
Senior Secured Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation, merger, amalgamation, consolidation, operational change, business realignment
project or initiative, New Project, restructuring or reorganization had occurred at the beginning of the applicable four-quarter period. If since the beginning of such period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any
Unrestricted Subsidiary is designated a Restricted Subsidiary, then the Senior Secured Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such designation had occurred at the beginning of the applicable
four-quarter period. 
 For purposes of this definition, whenever pro forma effect is to be given to any pro forma event, the pro forma
calculations shall be made in good faith by a responsible financial or accounting officer of the Issuers. Any such pro forma calculation may include adjustments appropriate, in the reasonable good faith determination of the Issuers, to reflect
(1) operating expense reductions and other operating improvements, synergies or cost savings reasonably expected to result from the applicable event, and (2) all adjustments of the nature used in connection with the calculation of
“Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other Data” under “Summary” in the Offering Memorandum to the extent such
adjustments, without duplication, continue to be applicable to such four-quarter period. 

  
 48 

 If any Indebtedness bears a floating rate of interest and is being given pro forma effect,
the interest on such Indebtedness shall be calculated as if the rate in effect on the Senior Secured Leverage Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such
Indebtedness if such Hedging Obligation has a remaining term in excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer of
the Issuers to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under a revolving credit facility computed on a pro
forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a
eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuers may designate. 

For purposes of making the computation referred to above, in giving effect to each New Project which commences operations and records not less
than one full fiscal quarter’s operations during such period, the operating results of such New Project shall be annualized on a straight line basis during such period, taking into account any seasonality adjustments determined by the Issuers
in good faith. 
 For purposes of this definition, any amount in a currency other than U.S. dollars will be converted to U.S. dollars based
on the average exchange rate for such currency for the most recent twelve month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA for the applicable period. 

“Significant Subsidiary” means any Restricted Subsidiary that would be a “Significant Subsidiary” of the
Issuers within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC (or any successor provision). 

“Similar Business” means any business, the majority of whose revenues are derived from (i) the business or activities of
the Issuers and their Subsidiaries as of the Issue Date, (ii) any business that is a natural outgrowth or a reasonable extension, development or expansion of any such business or any business similar, reasonably related, incidental,
complementary or ancillary to any of the foregoing or (iii) any business that in the Issuers’ good faith business judgment constitutes a reasonable diversification of business conducted by the Issuers and their Subsidiaries. 

“Special Purpose Securitization Subsidiary” means (i) a direct or indirect Subsidiary of an Issuer established in
connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by an Issuer in good faith) intended to reduce the likelihood that it would be
substantively consolidated with an Issuer or any of the Restricted Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event such Issuer or any such Restricted Subsidiary becomes subject to a proceeding under the Bankruptcy
Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary. 

  
 49 

 “Sponsors” means (i) one or more investment funds affiliated with
Apollo Global Management, Inc. and any of their respective Affiliates other than any portfolio companies (collectively, the “Apollo Sponsors”) and (ii) any Person that forms a group (within the meaning of Section 13(d)(3)
or Section 14(d)(2) of the Exchange Act, or any successor provision) with the Apollo Sponsors; provided that, collectively, the Apollo Sponsors control a majority of the voting power of such group. 

“Stated Maturity” means, with respect to any security, the date specified in such security as the fixed date on which the
final payment of principal of such security is due and payable, including pursuant to any mandatory redemption provision (but excluding any provision providing for the repurchase of such security at the option of the holder thereof upon the
happening of any contingency beyond the control of the issuer unless such contingency has occurred). 
 “Subordinated
Indebtedness” means (a) with respect to an Issuer, any Indebtedness of such Issuer which is by its terms subordinated in right of payment to the Notes, and (b) with respect to any Subsidiary Guarantor, any Indebtedness of such
Subsidiary Guarantor which is by its terms subordinated in right of payment to its Subsidiary Guarantee. 
 “Subsidiary”
means, with respect to any Person, (1) any corporation, association or other business entity (other than a partnership, joint venture or limited liability company) of which more than 50% of the total voting power of shares of Capital Stock
entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time of determination owned or controlled, directly or indirectly, by such Person or one or more of the other
Subsidiaries of that Person or a combination thereof, and (2) any partnership, joint venture or limited liability company of which (x) more than 50% of the capital accounts, distribution rights, total equity and voting interests or general
and limited partnership interests, as applicable, are owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of that Person or a combination thereof, whether in the form of membership, general, special
or limited partnership interests or otherwise, and (y) such Person or any Subsidiary of such Person is a controlling general partner or otherwise controls such entity. 

“Subsidiary Guarantee” means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any
Subsidiary Guarantor in accordance with the provisions of this Indenture. 
 “Subsidiary Guarantor” means any Subsidiary
that Incurs a Subsidiary Guarantee; provided that upon the release or discharge of such Person from its Subsidiary Guarantee in accordance with this Indenture, such Subsidiary ceases to be a Subsidiary Guarantor. 

“Suspension Period” means the period of time between a Covenant Suspension Event and the related Reversion Date. 

“Tax Distributions” means any distributions described in Section 4.04(b)(xii). 

“Third Party Funds” means any segregated accounts or funds, or any portion thereof, received by either Issuer or any of their
Subsidiaries as agent on behalf of third parties in accordance with a written agreement that imposes a duty upon either Issuer or one or more of their Subsidiaries to collect and remit those funds to such third parties. 

  
 50 

 “TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C.
Sections 77aaa-77bbbb) as in effect on the date of this Indenture. 
 “Total Assets” means the total consolidated
assets of the Issuers and the Restricted Subsidiaries, as shown on the most recent balance sheet of the Issuers, without giving effect to any impairment or amortization of the amount of intangible assets since the Issue Date, calculated on a pro
forma basis after giving effect to any subsequent acquisition or disposition of a Person or business. 
 “Total Indebtedness
Leverage Ratio” means, with respect to any Person, at any date, the ratio of (i) Consolidated Total Indebtedness of such Person and its Restricted Subsidiaries as of such date of calculation (determined on a consolidated basis in
accordance with GAAP) less the amount of cash and Cash Equivalents in excess of any Restricted Cash that would be stated on the balance sheet of such Person and its Restricted Subsidiaries and held by such Person and its Restricted Subsidiaries as
of such date of determination to (ii) EBITDA of such Person for the four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred. In the
event that an Issuer or any Restricted Subsidiary Incurs, repays, repurchases or redeems any Indebtedness subsequent to the commencement of the period for which the Total Indebtedness Leverage Ratio is being calculated but prior to the event for
which the calculation of the Total Indebtedness Leverage Ratio is made (the “Total Indebtedness Leverage Calculation Date”), then the Total Indebtedness Leverage Ratio shall be calculated giving pro forma effect to such Incurrence,
repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock or Preferred Stock as if the same had occurred at the beginning of the applicable four-quarter period. 

For purposes of making the computation referred to above, Investments, acquisitions, dispositions, mergers, amalgamations, consolidations and
discontinued operations (as determined in accordance with GAAP) and any operational changes, business realignment projects or initiatives, New Projects, restructurings or reorganizations that the Issuers or any Restricted Subsidiary has determined
to make and/or made during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Total Indebtedness Leverage Calculation Date (each, for purposes of this definition, a “pro forma
event”) shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, amalgamations, consolidations, discontinued operations and other operational changes, business realignment projects or
initiatives, New Projects, restructurings or reorganizations (and the change of any associated fixed charge obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If since the
beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into an Issuer or any Restricted Subsidiary since the beginning of such period shall have made any Investment, acquisition, disposition,
merger, consolidation, amalgamation, discontinued operation, operational change, business realignment project or initiative, New Project, restructuring or reorganization that would have required adjustment pursuant to this definition, then the Total
Indebtedness Leverage Ratio shall be calculated giving 

  
 51 

 
pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation, merger, amalgamation, consolidation, operational change, business realignment
project or initiative, New Project, restructuring or reorganization had occurred at the beginning of the applicable four-quarter period. If since the beginning of such period any Restricted Subsidiary is designated an Unrestricted Subsidiary or any
Unrestricted Subsidiary is designated a Restricted Subsidiary, then the Total Indebtedness Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such designation had occurred at the beginning of the applicable
four-quarter period. 
 For purposes of this definition, whenever pro forma effect is to be given to any pro forma event, the pro forma
calculations shall be made in good faith by a responsible financial or accounting officer of the Issuers. Any such pro forma calculation may include adjustments appropriate, in the reasonable good faith determination of the Issuers, to reflect
(1) operating expense reductions and other operating improvements, synergies or cost savings reasonably expected to result from the applicable event, and (2) all adjustments of the nature used in connection with the calculation of
“Covenant Adjusted EBITDA (Pre-SAC)” as set forth in footnote (4) to the “Summary Historical and Other Data” under “Summary” in the Offering Memorandum to the extent such
adjustments, without duplication, continue to be applicable to such four-quarter period. 
 If any Indebtedness bears a floating rate of
interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Total Indebtedness Leverage Calculation Date had been the applicable rate for the entire period (taking into account
any Hedging Obligations applicable to such Indebtedness if such Hedging Obligation has a remaining term in excess of 12 months). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a
responsible financial or accounting officer of the Issuers to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under
a revolving credit facility computed on a pro forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period. Interest on Indebtedness that may optionally be determined at an interest rate based
upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuers may designate.

 For purposes of making the computation referred to above, in giving effect to each New Project which commences operations and records not
less than one full fiscal quarter’s operations during such period, the operating results of such New Project shall be annualized on a straight line basis during such period, taking into account any seasonality adjustments determined by the
Issuers in good faith. 
 For purposes of this definition, any amount in a currency other than U.S. dollars will be converted to U.S.
dollars based on the average exchange rate for such currency for the most recent twelve month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA for the applicable period. 

  
 52 

 “Transactions” means the transactions described under
“Summary–The Transactions” in the Offering Memorandum. 
 “Treasury Rate” means, as of the applicable
redemption date, as determined by the Issuers, the yield to maturity as of such redemption date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15
(519) that has become publicly available at least two Business Days prior to such redemption date (or, if such statistical release is no longer published, any publicly available source of similar market data)) most nearly equal to the period
from such redemption date to January 15, 2023; provided, however, that if the period from such redemption date to January 15, 2023, as applicable, is less than one year, the weekly average yield on actively traded United
States Treasury securities adjusted to a constant maturity of one year will be used. 
 “Trust Officer” means any officer:

 (1) within the corporate trust department of the Trustee, including any vice president, assistant vice president,
assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate
trust matter is referred because of such person’s knowledge of and familiarity with the particular subject, and 
 (2)
who shall have direct responsibility for the administration of this Indenture. 
 “Trustee” means the party named as such
in this Indenture until a successor replaces it and, thereafter, means the successor. 
 “Uniform Commercial Code” or
“UCC” means the New York Uniform Commercial Code as in effect from time to time. 
 “Unrestricted
Subsidiary” means: 
 (1) any Subsidiary of an Issuer that at the time of determination shall be designated an
Unrestricted Subsidiary by the Board of Directors of the Company in the manner provided below; and 
 (2) any Subsidiary of
an Unrestricted Subsidiary; 
 The Issuers may designate any Subsidiary of the Issuers (including any newly acquired or newly formed
Subsidiary) to be an Unrestricted Subsidiary unless at the time of such designation such Subsidiary or any of its Subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on any property of, an Issuer or any other
Restricted Subsidiary of an Issuer that is not a Subsidiary of the Subsidiary to be so designated, in each case at the time of such designation; provided, however, that (i) the Subsidiary to be so designated and its Subsidiaries
do not at the time of designation have and do not thereafter Incur any Indebtedness pursuant to which the lender has recourse to any of the assets of an Issuer or any of the Restricted Subsidiaries unless otherwise permitted under Section 4.04
and (ii) an Issuer may not designate any Subsidiary of an Issuer to be an Unrestricted Subsidiary during any Suspension Period; provided, further, however, that either: 

  
 53 

 (a) the Subsidiary to be so designated has total consolidated assets of
$1,000 or less; or 
 (b) if such Subsidiary has consolidated assets greater than $1,000, then such designation would be
permitted under Section 4.04. 
 The Issuers may designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided,
however, that immediately after giving effect to such designation: 
 (x) (1) the Issuers could Incur $1.00 of additional
Indebtedness pursuant to the Fixed Charge Coverage Ratio test described in Section 4.03(a) or (2) the Fixed Charge Coverage Ratio of the Issuers and their Restricted Subsidiaries would be no less than such ratio immediately prior to such
designation, in each case on a pro forma basis taking into account such designation, and 
 (y) no Event of Default
shall have occurred and be continuing. 
 Any such designation by the Issuers shall be evidenced to the Trustee by promptly filing with the
Trustee a copy of the resolution of the Board of Directors or any committee thereof of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing provisions. 

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

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

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

  
 54 

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

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

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

  
 55 

 SECTION 1.02 Other Definitions. 

 

			
	 Term
	  	 Section

	 $
	  	1.03(j)
	 Affiliate Transaction
	  	4.07(a)
	 Agent Members
	  	Appendix A
	 Apollo Sponsors
	  	1.01
	 Asset Sale Offer
	  	4.06(b)
	 Bankruptcy Law
	  	6.01
	 Change of Control Offer
	  	4.08(a)(ii)
	 Clearstream
	  	Appendix A
	 Covenant Suspension Event
	  	4.15
	 Custodian
	  	6.01
	 Deemed Date
	  	4.03(c)(3)
	 Definitive Note
	  	Appendix A
	 Depository or DTC
	  	Appendix A
	 Election Date
	  	4.04(d)
	 Euroclear
	  	Appendix A
	 Event of Default
	  	6.01
	 Excess Proceeds
	  	4.06(b)
	 Fixed Charge Calculation Date
	  	1.01
	 Global Notes
	  	Appendix A
	 Global Notes Legend
	  	Appendix A
	 Guaranteed Obligations
	  	12.01(a)
	 IAI
	  	Appendix A
	 incorporated provision
	  	13.01
	 Increased Amount
	  	4.12(c)
	 Initial Notes
	  	Preamble
	 Issuer
	  	Preamble
	 legal defeasance option
	  	8.01(b)
	 Non-U.S. Person
	  	Appendix A
	 Notes
	  	Preamble
	 Notes Custodian
	  	Appendix A
	 Notice of Default
	  	6.01
	 Offer Period
	  	4.06(d)
	 Paying Agent
	  	2.04(a)
	 Permitted Holder Group
	  	1.01
	 Permitted Jurisdiction
	  	5.01(a)
	 Pro Forma EBITDA Calculation Date
	  	1.01
	 protected purchaser
	  	2.08
	 QIB
	  	Appendix A
	 Refinancing Indebtedness
	  	4.03(b)(xv)
	 Refunding Capital Stock
	  	4.04(b)(ii)
	 Registrar
	  	2.04(a)
	 Regulation S
	  	Appendix A
	 Regulation S Global Notes
	  	Appendix A
	 Regulation S Notes
	  	Appendix A

  
 56 

			
	 Term
	  	 Section

	 Reporting Entity
	  	4.02(c)
	 Restricted Notes Legend
	  	Appendix A
	 Restricted Payments
	  	4.04(a)
	 Restricted Period
	  	Appendix A
	 Retired Capital Stock
	  	4.04(b)(ii)
	 Reversion Date
	  	4.15
	 Rule 144A
	  	Appendix A
	 Rule 144A Global Notes
	  	Appendix A
	 Rule 144A Notes
	  	Appendix A
	 Rule 501
	  	Appendix A
	 Second Commitment
	  	4.06(b)
	 Secured Leverage Calculation Date
	  	1.01
	 Senior Secured Leverage Calculation Date
	  	1.01
	 Successor
	  	5.01(b)(i)
	 Successor Company
	  	5.01(a)(i)
	 Suspended Covenants
	  	4.15
	 Transfer Restricted Definitive Notes
	  	Appendix A
	 Transfer Restricted Global Notes
	  	Appendix A
	 Transfer Restricted Notes
	  	Appendix A
	 Trustee
	  	Preamble
	 U.S. dollars
	  	1.03(j)
	 U.S. Person
	  	Appendix A
	 Unrestricted Definitive Notes
	  	Appendix A
	 Unrestricted Global Notes
	  	Appendix A

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

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

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

(c) “or” is not exclusive; 

(d) “including” means including without limitation; 

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

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

  
 57 

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

(i) unless otherwise specified herein, all accounting terms used herein shall be interpreted, all accounting determinations hereunder shall be
made, and all financial statements required to be delivered hereunder shall be prepared in accordance with GAAP; and 
 (j)
“$” and “U.S. dollars” each refer to United States dollars, or such other money of the United States of America that at the time of payment is legal tender for payment of public and private debts. 

SECTION 1.04 No Incorporation by Reference of Trust Indenture Act. This Indenture is not qualified under the TIA, and the TIA
shall not apply to or in any way govern the terms of this Indenture. As a result, no provisions of the TIA are incorporated into this Indenture unless expressly incorporated pursuant to this Indenture. 

ARTICLE II 
 THE NOTES

 SECTION 2.01 Amount of Notes. The aggregate principal amount of Notes which may be authenticated and delivered under this
Indenture on the Issue Date is $1,300,000,000. 
 The Issuers may from time to time after the Issue Date issue Additional Notes under this
Indenture in an unlimited principal amount, so long as (i) the Incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 and the Liens with respect thereto are permitted by
Section 4.12 and (ii) such Additional Notes are issued in compliance with the other applicable provisions of this Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered
upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.07, 2.08, 2.09, 3.08, 4.06(e), 4.08(c) or Appendix A), there shall be (a) established in or pursuant to a resolution of the Board of
Directors of the Company and (b) (i) set forth or determined in the manner provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes:

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

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

  
 58 

 If any of the terms of any Additional Notes are established by action taken pursuant to a
resolution of the Board of Directors, a copy of an appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officer’s
Certificate or an indenture supplemental hereto setting forth the terms of the Additional Notes. 
 The Initial Notes and any Additional
Notes may, at the Issuers’ option, be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase; provided that if the Additional Notes are not
fungible with the Initial Notes for U.S. federal income tax purposes, the Additional Notes will have a separate CUSIP number, if applicable. 

SECTION 2.02 Form and Dating. Provisions relating to the Initial Notes are set forth in Appendix A,
which is hereby incorporated in and expressly made a part of this Indenture. The (i) Initial Notes and the Trustee’s certificate of authentication and (ii) any Additional Notes (if issued as Transfer Restricted Notes) and the
Trustee’s certificate of authentication shall each be substantially in the form of Exhibit A hereto, which is hereby incorporated in and expressly made a part of this Indenture. The Notes may have notations, legends or
endorsements required by law, stock exchange rule, agreements to which the Issuers or any Subsidiary Guarantor is subject, if any, or usage (provided that any such notation, legend or endorsement is in a form acceptable to the Issuers). Each
Note shall be dated the date of its authentication. The Notes shall be issuable only in registered form without interest coupons and in denominations of $2,000 and any integral multiples of $1,000 in excess thereof, provided that Notes may be issued
in denominations of less than $2,000 solely to accommodate book-entry positions that have been created by participants of the Depository in denominations of less than $2,000. 

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

One Officer shall sign the Notes for the Issuers by manual or facsimile signature. 

  
 59 

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

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

SECTION 2.04 Registrar and Paying Agent. 

(a) The Issuers shall maintain (i) an office or agency where Notes may be presented for registration of transfer or for exchange (the
“Registrar”) and (ii) an office or agency where Notes may be presented for payment (the “Paying Agent”). The Registrar shall keep a register of the Notes and of their transfer and exchange. The Issuers may have
one or more co-registrars and one or more additional paying agents. The term “Registrar” includes any co-registrars. The term “Paying
Agent” includes the Paying Agent and any additional paying agents. The Issuers initially appoint the Trustee as Registrar, Paying Agent and the Notes Custodian with respect to the Global Notes. 

(b) The Issuers may enter into an appropriate agency agreement with any Registrar or Paying Agent not a party to this Indenture. The agreement
shall implement the provisions of this Indenture that relate to such agent. The Issuers shall notify the Trustee in writing of the name and address of any such agent. If the Issuers fail to maintain a Registrar or Paying Agent, the Trustee shall act
as such and shall be entitled to appropriate compensation therefor pursuant to Section 7.06. The Issuers or any of their domestically organized Subsidiaries may act as Paying Agent or Registrar. 

(c) The Issuers may remove any Registrar or Paying Agent upon written notice to such Registrar or Paying Agent and to the Trustee;
provided, however, that no such removal shall become effective until (i) if applicable, acceptance of an appointment by a successor Registrar or Paying Agent, as the case may be, as evidenced by an appropriate agreement entered
into by the Issuers and such successor Registrar or Paying Agent, as the case may be, and delivered to the Trustee or (ii) notification to the Trustee that the Trustee shall serve as Registrar or Paying Agent until the appointment of a
successor in accordance with clause (i) above. The Registrar or Paying Agent may resign at any time upon written notice to the Issuers and the Trustee; provided, however, that the Trustee may resign as Paying Agent or Registrar
only if the Trustee also resigns as Trustee in accordance with Section 7.07. 

  
 60 

 SECTION 2.05 Paying Agent to Hold Money in Trust. Prior to each due date of the
principal of and interest on any Note, the Issuers shall deposit with each Paying Agent (or if the Company, the Co-Issuer or a Subsidiary is acting as Paying Agent, segregate and hold in trust for the benefit
of the Persons entitled thereto) a sum sufficient to pay such principal and interest when so becoming due. The Issuers shall require each Paying Agent (other than the Trustee) to agree in writing that a Paying Agent shall hold in trust for the
benefit of holders or the Trustee all money held by a Paying Agent for the payment of principal of and interest on the Notes, and shall notify the Trustee of any default by the Issuers in making any such payment. If the Company, the Co-Issuer or a Subsidiary of the Issuers acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it in trust for the benefit of the Persons entitled thereto. The Issuers at any time
may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by such Paying Agent. Upon complying with this Section 2.05, a Paying Agent shall have no further liability for the money delivered to
the Trustee. 
 SECTION 2.06 Holder Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most
recent list available to it of the names and addresses of holders. If the Trustee is not the Registrar, the Issuers shall furnish, or cause the Registrar to furnish, to the Trustee, in writing at least five Business Days before each Interest Payment
Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of holders. 

SECTION 2.07 Transfer and Exchange. The Notes shall be issued in registered form and shall be transferable only upon the surrender
of a Note for registration of transfer and in compliance with Appendix A. When a Note is presented to the Registrar with a request to register a transfer, the Registrar shall register the transfer as requested if its requirements therefor are
met. When Notes are presented to the Registrar with a request to exchange them for an equal principal amount of Notes of other denominations, the Registrar shall make the exchange as requested if the same requirements are met. To permit registration
of transfers and exchanges, the Issuers shall execute and the Trustee shall authenticate Notes at the Registrar’s request. The Issuers may require payment of a sum sufficient to pay all taxes, assessments or other governmental charges in
connection with any transfer or exchange pursuant to this Section 2.07. The Issuers shall not be required to make, and the Registrar need not register, transfer or exchange Notes selected for redemption (except, in the case of Notes to be
redeemed in part, the portion thereof not to be redeemed) for a period of 15 days before a selection of Notes to be redeemed or between a Record Date and the relevant Interest Payment Date. 

Prior to the due presentation for registration of transfer of any Note, the Company, the Co-Issuer,
the Subsidiary Guarantors, the Trustee, the Paying Agent and the Registrar may deem and treat the Person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest, if any,
on such Note and for all other purposes whatsoever, whether or not such Note is overdue, and none of the Company, the Co-Issuer, the Subsidiary Guarantors, the Trustee, the Paying Agent or the Registrar shall
be affected by notice to the contrary. 
 Any holder of a beneficial interest in a Global Note shall, by acceptance of such beneficial
interest, agree that transfers of beneficial interests in such Global Note may be effected only through a book-entry system maintained by (a) the holder of such Global Note (or its agent) or (b) any holder of a beneficial interest in such
Global Note, and that ownership of a beneficial interest in such Global Note shall be required to be reflected in a book entry. 

  
 61 

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

The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under
this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depository participants or beneficial owners of interests in any Global Note) other than to require delivery of
such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express
requirements hereof. 
 The transferor shall also provide or cause to be provided to the Trustee all information necessary to allow the
Trustee to comply with any applicable tax reporting obligations, including without limitation any cost basis reporting obligations under Internal Revenue Code Section 6045. The Trustee may rely on the information provided to it and shall have
no responsibility to verify or ensure the accuracy of such information. 
 None of the Trustee, Registrar or Paying Agent shall have any
responsibility for any actions taken or not taken by the Depository. 
 SECTION 2.08 Replacement Notes. If a mutilated Note is
surrendered to the Registrar or if the holder of a Note claims that the Note has been lost, destroyed or wrongfully taken, the Issuers shall issue and the Trustee shall authenticate a replacement Note if the requirements of Section 8-405 of the Uniform Commercial Code are met, such that the holder (a) satisfies the Issuers and the Trustee within a reasonable time after such holder has notice of such loss, destruction or
wrongful taking and the Registrar does not register a transfer prior to receiving such notification, (b) makes such request to the Issuers and the Trustee prior to the Note being acquired by a protected purchaser as defined in Section 8-303 of the Uniform Commercial Code (a “protected purchaser”) and (c) satisfies any other reasonable requirements of the Issuers and the Trustee. If required by the Trustee or the
Issuers, such holder shall furnish an indemnity bond sufficient in the judgment of the Trustee, with respect to the Trustee, and the Issuers, with respect to the Issuers, to protect the Issuers, the Trustee, the Paying Agent and the Registrar, as
applicable, from any loss or liability that any of them may suffer if a Note is replaced and subsequently presented or claimed for payment. The Issuers and the Trustee may charge the holder for their expenses in replacing a Note (including without
limitation, attorneys’ fees and disbursements in replacing such Note). In the event any such mutilated, lost, destroyed or wrongfully taken Note has become or is about to become due and payable, the Issuers in their discretion may pay such Note
instead of issuing a new Note in replacement thereof. 
 Every replacement Note is an additional obligation of the Issuers. 

  
 62 

 The provisions of this Section 2.08 are exclusive and shall preclude (to the extent
lawful) all other rights and remedies with respect to the replacement or payment of mutilated, lost, destroyed or wrongfully taken Notes. 

SECTION 2.09 Outstanding Notes. Notes outstanding at any time are all Notes authenticated by the Trustee except for those canceled
by it, those delivered to it for cancellation and those described in this Section as not outstanding. Subject to Section 13.05, a Note does not cease to be outstanding because the Issuers or an Affiliate of the Issuers holds the Note. 

If a Note is replaced pursuant to Section 2.08 (other than a mutilated Note surrendered for replacement), it ceases to be outstanding
unless the Trustee and the Issuers receive proof satisfactory to them that the replaced Note is held by a protected purchaser. A mutilated Note ceases to be outstanding upon surrender of such Note and replacement thereof pursuant to
Section 2.08. 
 If a Paying Agent segregates and holds in trust, in accordance with this Indenture, on a redemption date or maturity
date money sufficient to pay all principal and interest payable on that date with respect to the Notes (or portions thereof) to be redeemed or maturing, as the case may be, and no Paying Agent is prohibited from paying such money to the holders on
that date pursuant to the terms of this Indenture, then on and after that date such Notes (or portions thereof) cease to be outstanding and interest on them ceases to accrue. 

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

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

  
 63 

 SECTION 2.13 Calculation of Principal Amount of Notes. The aggregate principal
amount of the Notes, at any date of determination, shall be the principal amount of the Notes at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of
the principal amount of all the Notes, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the holders of which have so consented, by
(b) the aggregate principal amount, as of such date of determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 and Section 13.05 of this Indenture. Any
calculation of the Applicable Premium made pursuant to this Indenture or the Notes shall be made by the Issuers and delivered to the Trustee pursuant to an Officer’s Certificate. 

The Issuers shall be responsible for making calculations called for under the Notes and this Indenture, including but not limited to determination of
interest, redemption price, Applicable Premium, premium, if any, and any other amounts payable on the Notes. The Issuers will make the calculations in good faith and, absent manifest error, their calculations will be final and binding on the holders
of the Notes. The Issuers will provide a schedule of their calculations to the Trustee when requested, and the Trustee is entitled to rely conclusively on the accuracy of the Issuers’ calculations without independent verification. The Trustee
shall forward the Issuers’ calculations to any holder of the Notes upon the written request of such holder. 
 ARTICLE III 

REDEMPTION 

SECTION 3.01 Redemption. The Notes may be redeemed, in whole or from time to time in part, subject to the conditions and at the
redemption prices set forth in Paragraph 5 of the form of Note set forth in Exhibit A hereto, which are hereby incorporated by reference and made a part of this Indenture, together with accrued and unpaid interest to, but
excluding, the redemption date (subject to the right of holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). 

SECTION 3.02 Applicability of Article. Redemption of Notes at the election of the Issuers or otherwise, as permitted or required
by any provision of this Indenture, shall be made in accordance with such provision and this Article III. 
 SECTION 3.03 Notices to
Trustee. If the Issuers elect to redeem Notes pursuant to the optional redemption provisions of Paragraph 5 of the Note, the Issuers shall notify the Trustee in an Officer’s Certificate of (i) the Section of this Indenture pursuant to
which the redemption shall occur, (ii) the redemption date, (iii) the principal amount of Notes to be redeemed and (iv) the redemption price. The Issuers shall give notice to the Trustee provided for in this paragraph at least 30 days
but not more than 60 days before a redemption date if the redemption is a redemption pursuant to Paragraph 5 of the Note, except that notice may be given 

  
 64 

 
to the Trustee more than 60 days prior to the redemption date if the notice is given in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture pursuant to
Article VIII or if the redemption date is delayed. The Issuers may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the Issuers’ name and at their expense and setting forth the
information to be stated in such notice as provided in Section 3.05. Any such notice may be canceled if written notice from the Issuers of such cancellation is actually received by the Trustee on the Business Day immediately prior to notice of
such redemption being mailed to any holder or otherwise delivered in accordance with the applicable procedures of the Depository and shall thereby be void and of no effect. The Issuers shall deliver to the Trustee such documentation and records as
shall enable the Trustee to select the Notes to be redeemed pursuant to Section 3.04. 
 SECTION 3.04 Selection of Notes to Be
Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed (and the
Issuers shall notify the Trustee of any such listing), or if the Notes are not so listed, on a pro rata basis to the extent practicable or by lot or by such other method as the Trustee shall deem fair and appropriate (and, in such manner that
complies with the requirements of the Depository, if applicable); provided that no Notes of $2,000 (and integral multiples of $1,000 in excess thereof) or less shall be redeemed in part. The Trustee shall make the selection from outstanding
Notes not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $2,000. Notes and portions of them the Trustee selects shall be in amounts of $2,000 or integral
multiples of $1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall notify the Issuers promptly of the Notes or portions of Notes to
be redeemed. 
 SECTION 3.05 Notice of Optional Redemption. 

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

(i) the redemption date; 

(ii) the redemption price and the amount of accrued interest to the redemption date; 

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

  
 65 

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

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

(viii) that no representation is made as to the correctness or accuracy of the CUSIP number or ISIN and/or “Common
Code” number, if any, listed in such notice or printed on the Notes; 
 (ix) if the redemption is subject to the
satisfaction of one or more conditions precedent, the notice thereof shall describe each such condition and, if applicable, shall state that, in the Issuers’ discretion, the redemption date may be delayed until such time as any or all such
conditions shall be satisfied (or waived by the Issuers in the Issuers’ discretion), and/or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied (or waived by
the Issuers in the Issuers’ discretion) by the redemption date, or by the redemption date as so delayed and/or that such notice may be rescinded at any time by the Issuers if the Issuers determine in the Issuers’ discretion that any or all
of such conditions will not be satisfied (or waived); and 
 (x) at the Issuers’ option, that the payment of the
redemption price and performance of the Issuers’ obligations with respect to such redemption may be performed by another Person. 

Notice of any redemption upon any corporate transaction or other event (including any Equity Offering, incurrence of Indebtedness, Change of
Control or other transaction) may be given prior to the completion thereof. In addition, any redemption or notice thereof may, at the Issuers’ discretion, be subject to one or more conditions precedent, including, but not limited to, completion
of a corporate transaction or other event. For the avoidance of doubt, if any redemption date shall be delayed pursuant to this Section 3.05 and the terms of the applicable notice of redemption, such redemption date as so delayed may occur at
any time after the original redemption date set forth in the applicable notice of redemption and after the satisfaction (or waiver) of any applicable conditions precedent, including, without limitation, on a date that is less than 30 days after
the original redemption date or more than 60 days after the date of the applicable notice of redemption. 

  
 66 

 (b) At the Issuers’ request, the Trustee shall deliver the notice of redemption in the
Issuers’ name and at the Issuers’ expense. In such event, the Issuers shall notify the Trustee of such request at least three (3) Business Days (or such shorter period as is acceptable to the Trustee) prior to the date such notice is
to be provided to holders. Except as provided in Section 3.05(a), such notice may not be canceled once delivered to holders of Notes. 

SECTION 3.06 Effect of Notice of Redemption. Once notice of redemption is mailed or otherwise delivered in accordance with
Section 3.05, Notes called for redemption become due and payable on the redemption date and at the redemption price stated in the notice, except as provided in the final paragraph of Paragraph 5 of the Notes or Section 3.05(a). Upon
surrender to the Paying Agent, such Notes shall be paid at the redemption price stated in the notice, plus accrued and unpaid interest to, but excluding, the redemption date; provided, however, that if the redemption date is
after a regular Record Date and on or prior to the next Interest Payment Date, the accrued interest shall be payable to the holder of the redeemed Notes registered on the relevant Record Date. Failure to give notice or any defect in the notice to
any holder shall not affect the validity of the notice to any other holder. 
 SECTION 3.07 Deposit of Redemption Price. With
respect to any Notes, prior to 10:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Paying Agent (or, if the Company, the Co-Issuer or a Subsidiary of the Company or
the Co-Issuer is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the redemption price of and accrued and unpaid interest on all Notes or portions thereof to be redeemed on that
date other than Notes or portions of Notes called for redemption that have been delivered by the Issuers to the Trustee for cancellation. On and after the redemption date, interest shall cease to accrue on Notes or portions thereof called for
redemption so long as the Issuers have deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest on, the Notes or portions thereof to be redeemed, unless the Paying Agent is prohibited from
making such payment pursuant to the terms of this Indenture. 
 SECTION 3.08 Notes Redeemed in Part. If any Note is to be
redeemed in part only, the notice of redemption relating to such Note shall state the portion of the principal amount thereof to be redeemed. Upon surrender and cancellation of a Note that is redeemed in part, the Issuers shall execute and the
Trustee shall authenticate for the holder (at the Issuers’ expense) a new Note equal in principal amount to the unredeemed portion of the Note surrendered and cancelled (or if the Note is a Global Note, an adjustment shall be made to the
“Schedule of Increases or Decreases in Global Note” attached thereto in accordance with the applicable procedures of the Depositary). 

ARTICLE IV 
 COVENANTS

 SECTION 4.01 Payment of Notes. The Issuers shall promptly pay the principal of and interest on the Notes on the dates and
in the manner provided in the Notes and in this Indenture. An installment of principal of or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds as of 12:00 p.m. New York City time money
sufficient to pay all principal and interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the holders on that date pursuant to the terms of this Indenture. 

  
 67 

 The Issuers shall pay interest on overdue principal at the rate specified therefor in the
Notes, and they shall pay interest on overdue installments of interest at the same rate borne by the Notes to the extent lawful. 

SECTION 4.02 Reports and Other Information. 

(a) So long as any Notes are outstanding, the Issuers shall provide to the Trustee and, upon request, to beneficial owners a copy of all of
the information and reports referred to below: 
 (i) within 15 days after the time period specified in the SEC’s rules
and regulations for non-accelerated filers, annual reports of the Reporting Entity for such fiscal year containing the information that would have been required to be contained in an annual report on Form 10-K (or any successor or comparable form) if the Reporting Entity had been a reporting company under the Exchange Act, except to the extent permitted to be excluded by the SEC; 

(ii) within 15 days after the time period specified in the SEC’s rules and regulations for
non-accelerated filers, quarterly reports of the Reporting Entity for such fiscal quarter containing the information that would have been required to be contained in a quarterly report on Form 10-Q (or any successor or comparable form) if the Reporting Entity had been a reporting company under the Exchange Act, except to the extent permitted to be excluded by the SEC; and 

(iii) within 15 days after the time period specified in the SEC’s rules and regulations for filing current reports on Form
8-K, current reports of the Reporting Entity containing substantially all of the information that would be required to be filed in a Current Report on Form 8-K under the
Exchange Act on the Issue Date pursuant to Sections 1, 2 and 4, Items 5.01, 5.02 (a)-(d) (other than compensation information), 5.03(b) and Item 9.01 (only to the extent relating to any of the foregoing) of Form
8-K if the Reporting Entity had been a reporting company under the Exchange Act; provided, however, that no such current reports will be required to be furnished if the Issuers determine in their
good faith judgment that such event is not material to holders or the business, assets, operations, financial position or prospects of the Issuers and their Restricted Subsidiaries, taken as a whole. 

If at any time the Company or any direct or indirect parent of the Company has made a good faith determination to file a registration
statement with the SEC with respect to an initial public offering of such Person’s Capital Stock, the Issuers will not be required to disclose any information or take any actions that, in the good faith view of the Issuers, would violate the
securities laws or the SEC’s “gun jumping” rules or otherwise have an adverse effect on such initial public offering. 

  
 68 

 If the Issuers have designated any of their Subsidiaries as an Unrestricted Subsidiary and
if any such Unrestricted Subsidiary or group of Unrestricted Subsidiaries, if taken together as one Subsidiary, would constitute a Significant Subsidiary of the Issuers, then the annual and quarterly information required by clauses (a)(i) and
(a)(ii) of this Section 4.02 shall include a reasonably detailed presentation, either on the face of the financial statements or in the footnotes thereto, of the financial condition and results of operations of the Issuers and their Restricted
Subsidiaries separate from the financial condition and results of operations of such Unrestricted Subsidiaries. 
 (b) Notwithstanding the
foregoing, (a) none of the Issuers nor any Reporting Entity will be required to furnish any information, certificates or reports that would otherwise be required by (i) Section 302 or Section 404 of the Sarbanes-Oxley Act of
2002, or related Items 307 or 308 of Regulation S-K, or (ii) Item 10(e) of Regulation S-K promulgated by the SEC with respect to any non-generally accepted accounting principles financial measures contained therein, (b) such reports will not be required to contain financial information required by Rule
3-09, Rule 3-10 or Rule 3-16 of Regulation S-X or include any exhibits or certifications
required by Form 10-K or Form 10-Q (or any such successor or comparable forms) or related rules under Regulation S-K, and
(c) such reports shall be subject to exceptions, exclusions and other differences consistent with the presentation of financial and other information in the Offering Memorandum and shall not be required to present compensation or beneficial
ownership information. 
 (c) The financial statements, information and other documents required to be provided as described above, may be
those of (i) the Company or (ii) any direct or indirect parent of the Company (any such entity described in clause (i) or (ii), a “Reporting Entity”), so long as in the case of (ii) such direct or indirect parent
of the Company will not conduct, transact or otherwise engage, or commit to conduct, transact or otherwise engage, in any business or operations other than its direct or indirect ownership of all of the Equity Interests in, and its management of the
Company; provided that, if the financial information so furnished relates to such direct or indirect parent of the Company, the same is accompanied by a reasonably detailed description of the quantitative differences between the information
relating to such parent, on the one hand, and the information relating to the Issuers and their Restricted Subsidiaries on a standalone basis, on the other hand. 

(d) In addition to providing such information to the Trustee, the Issuers will make available to the holders, prospective investors, market
makers affiliated with any initial purchaser of the Notes and securities analysts the information required to be provided pursuant to clauses (a)(i), (a)(ii) or (a)(iii) of this Section 4.02, by posting such information to the website of
the Company (or the website of any direct or indirect parent of the Company) or on IntraLinks or any comparable online data system or website. 

(e) The Issuers shall, for so long as any Notes remain outstanding during any period when they are not or any Reporting Entity is not subject
to Section 13 or 15(d) of the Exchange Act, or otherwise permitted to furnish the SEC with certain information pursuant to Rule 12g3-2(b) of the Exchange Act, furnish to the holders of the Notes and to
prospective investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. The Issuers shall also hold quarterly conference calls, beginning with the first full fiscal quarter ending
after the Issue Date, for all holders of the Notes, prospective investors, market makers affiliated with any initial purchaser of the Notes and 

  
 69 

 
securities analysts to discuss such financial information no later than ten Business Days after the distribution of such information required by clauses (a)(i) or (a)(ii) of this
Section 4.02, and prior to the date of each such conference call, the Issuers will announce the time and date of such conference call and either include all information necessary to access the call in such announcement or inform holders of
Notes, prospective investors, market makers affiliated with any initial purchaser of the Notes and securities analysts how they can obtain such information, including, without limitation, the applicable password or other login information (if
applicable). 
 (f) Notwithstanding the foregoing, the Issuers will be deemed to have furnished such reports referred to in this
Section 4.02 to the Trustee and the holders if an Issuer or a Reporting Entity has filed such reports with the SEC via the EDGAR filing system (or any successor system) and such reports are publicly available. In addition, the requirements of
this Section 4.02 shall be deemed satisfied by the posting of reports that would be required to be provided to the holders on the Company’s website (or the website of any direct or indirect parent of the Company). The Trustee shall have no
responsibility to monitor whether any such filing or posting has occurred. 
 SECTION 4.03 Limitation on Incurrence of Indebtedness
and Issuance of Disqualified Stock and Preferred Stock. 
 (a) (i) The Issuers shall not, and shall not permit any of the
Restricted Subsidiaries to, directly or indirectly, Incur any Indebtedness (including Acquired Indebtedness) or issue any shares of Disqualified Stock; and (ii) the Issuers shall not permit any of the Restricted Subsidiaries (other than a
Subsidiary Guarantor) to issue any shares of Preferred Stock; provided, however, that the Issuers and any Subsidiary Guarantor may Incur Indebtedness (including Acquired Indebtedness) or issue shares of Disqualified Stock, and any
Restricted Subsidiary of the Issuers that is not a Subsidiary Guarantor may Incur Indebtedness (including Acquired Indebtedness), issue shares of Disqualified Stock or issue shares of Preferred Stock, in each case if the Fixed Charge Coverage Ratio
of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding the date on which such additional Indebtedness is Incurred or such Disqualified Stock or Preferred
Stock is issued would have been at least 2.00 to 1.00 determined on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been Incurred, or the Disqualified Stock or
Preferred Stock had been issued, as the case may be, and the application of proceeds therefrom had occurred at the beginning of such four-quarter period; provided, further, that any Restricted Subsidiary that is not a Subsidiary
Guarantor may not Incur Indebtedness or issue shares of Disqualified Stock or Preferred Stock in excess of an amount, together with any Refinancing Indebtedness thereof pursuant to Section 4.03(b)(xv), not to exceed, after giving pro
forma effect to such Incurrence or issuance (including pro forma effect to the application of the net proceeds therefrom), the greater of $475.0 million and 17.0% of the Pro Forma EBITDA of the Issuers for the most recently ended
four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred, or Disqualified Stock or Preferred Stock is issued, and after giving pro
forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount). 

  
 70 

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

(i) the Incurrence by either Issuer or any Restricted Subsidiary of Indebtedness (including under any First Lien Credit
Agreement and the issuance and creation of letters of credit and bankers’ acceptances thereunder) up to an aggregate principal amount outstanding at the time of Incurrence that, together with any Refinancing Indebtedness in respect thereof
Incurred pursuant to clause (xv) below, does not exceed an amount equal to the sum of (x) $3,510.0 million, plus (y) an amount that does not exceed the greater of $970.0 million and 35% of the Pro Forma EBITDA of the Issuers
for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred and after giving pro forma effect thereto as if such
event occurred at the beginning of such four fiscal quarters, plus (z) an additional aggregate principal amount of Consolidated Total Indebtedness that at the time of Incurrence does not cause either (I) the Senior Secured Leverage Ratio
for the most recently ended four full fiscal quarters for which financial statements have been made available, determined on a pro forma basis, to exceed 3.20 to 1.00 or (II) if such Indebtedness is Incurred in connection with an acquisition or
Investment, the Senior Secured Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available, determined on a pro forma basis giving effect to such acquisition, merger, consolidation,
amalgamation or Investment, to exceed the Senior Secured Leverage Ratio in effect immediately prior to such acquisition, merger, consolidation, amalgamation or Investment (plus, in each case, in the case of any Refinancing Indebtedness, the
Additional Refinancing Amount); provided that for purposes of determining the amount of Indebtedness that may be Incurred under this clause (i)(z) of this Section 4.03(b), all Indebtedness Incurred under this clause (i)(z) of this
Section 4.03(b) (or any Refinancing Indebtedness thereof pursuant to clause (xv) of this Section 4.03(b)), shall be treated as Secured Indebtedness constituting First Priority Lien Obligations; 

(ii) the Incurrence by the Issuers and the Subsidiary Guarantors of Indebtedness, including Indebtedness represented by the
Notes and the Subsidiary Guarantees, up to, together with any Refinancing Indebtedness thereof pursuant to clause (xv) of this Section 4.03(b) below, an aggregate principal amount outstanding at the time of Incurrence that does not
exceed $1,300.0 million (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount); 
 (iii)
Indebtedness existing on the Issue Date (other than Indebtedness described in clauses (i), (ii) and (xxvii) of this Section 4.03(b)); 

(iv) Indebtedness (including Capitalized Lease Obligations) Incurred by either Issuer or any Restricted Subsidiary,
Disqualified Stock issued by either Issuer or any Restricted Subsidiary and Preferred Stock issued by any Restricted Subsidiary to finance (whether prior to or within 270 days after) the acquisition, lease, construction, repair, replacement or
improvement of property (real or personal) or equipment (whether through the direct purchase of assets or the Capital Stock of any Person owning such assets) in an aggregate principal amount that, when aggregated with the principal amount or
liquidation preference of all other Indebtedness, Disqualified 

  
 71 

 
Stock or Preferred Stock then outstanding and Incurred pursuant to this clause (iv), together with any Refinancing Indebtedness in respect thereof Incurred pursuant to clause (xv) below,
does not exceed the greater of $250.0 million and 7.50% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such date on
which such additional Indebtedness is Incurred and after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing
Amount); 
 (v) Indebtedness Incurred by either Issuer or any Restricted Subsidiary constituting reimbursement obligations
with respect to letters of credit and bank guarantees issued in the ordinary course of business, including without limitation letters of credit in respect of workers’ compensation claims, health, disability or other benefits to employees or
former employees or their families or property, casualty or liability insurance or self-insurance, and letters of credit in connection with the maintenance of, or pursuant to the requirements of, environmental or other permits or licenses from
governmental authorities, or other Indebtedness with respect to reimbursement type obligations regarding workers’ compensation claims; 

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

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

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

  
 72 

 (ix) Indebtedness of a Restricted Subsidiary to an Issuer or another
Restricted Subsidiary; provided that if a Subsidiary Guarantor owes such Indebtedness to a Restricted Subsidiary that is not a Subsidiary Guarantor (except in respect of intercompany current liabilities incurred in the ordinary course of
business in connection with the cash management, tax and accounting operations of the Issuers and their Subsidiaries), such Indebtedness is subordinated in right of payment to the Subsidiary Guarantee of such Subsidiary Guarantor; provided,
further, that any subsequent issuance or transfer of any Capital Stock or any other event which results in any Restricted Subsidiary holding such Indebtedness ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such
Indebtedness (except to an Issuer or another Restricted Subsidiary or any pledge of such Indebtedness constituting a Permitted Lien but not the transfer thereof upon foreclosure) shall be deemed, in each case, to be an Incurrence of such
Indebtedness not permitted by this clause (ix); 
 (x) Hedging Obligations that are not incurred for speculative purposes;

 (xi) obligations (including reimbursement obligations with respect to letters of credit, bank guarantees, warehouse
receipts and similar instruments) in respect of performance, bid, appeal and surety bonds, completion guarantees and similar obligations provided by either Issuer or any Restricted Subsidiary in the ordinary course of business or consistent
with past practice or industry practice; 
 (xii) Indebtedness or Disqualified Stock of either Issuer or Indebtedness,
Disqualified Stock or Preferred Stock of any Restricted Subsidiary in an aggregate principal amount or liquidation preference, which when aggregated with the principal amount or liquidation preference of all other Indebtedness, Disqualified Stock
and Preferred Stock then outstanding and Incurred pursuant to this clause (xii), together with any Refinancing Indebtedness in respect thereof incurred pursuant to clause (xv) hereof, does not exceed the greater of $425.0 million and 15.0%
the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred, or Disqualified
Stock or Preferred Stock is issued, and after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount); 

(xiii) Indebtedness or Disqualified Stock of either Issuer or any Restricted Subsidiary and Preferred Stock of any Restricted
Subsidiary in an aggregate principal amount or liquidation preference at any time outstanding, together with Refinancing Indebtedness in respect thereof incurred pursuant to clause (xv) hereof, not greater than an amount equal to 100.0% of the
amount of net cash proceeds received by the Issuers and their Restricted Subsidiaries since May 2, 2016 from the issue or sale of Equity Interests of the Company or any direct or indirect parent entity of the Company

  
 73 

 
(which proceeds are contributed to an Issuer or a Restricted Subsidiary) or cash contributed to the capital of the Company (in each case other than proceeds of Disqualified Stock or sales of
Equity Interests to, or contributions received from, any Issuer or Subsidiary) to the extent such net cash proceeds or cash have not been applied to increase the calculation of the Cumulative Credit pursuant to clauses (2) or (3) of the
definition thereof or applied to make Restricted Payments specified in Section 4.04(b)(ix) or to make Permitted Investments specified in clause (12) of the definition thereof (plus, in the case of any Refinancing Indebtedness, the
Additional Refinancing Amount); 
 (xiv) any guarantee by an Issuer or any Restricted Subsidiary of Indebtedness or other
obligations of an Issuer or any Restricted Subsidiary so long as the Incurrence of such Indebtedness by any such Issuer or Restricted Subsidiary is permitted under the terms of this Indenture; provided that (A) if such Indebtedness is by
its express terms subordinated in right of payment to the Notes or the Subsidiary Guarantee of any such Restricted Subsidiary, as applicable, any such guarantee with respect to such Indebtedness shall be subordinated in right of payment to the Notes
or such Subsidiary Guarantee, as applicable, substantially to the same extent as such Indebtedness is subordinated to the Notes or the Subsidiary Guarantee, as applicable, and (B) if such guarantee is of Indebtedness of an Issuer, such
guarantee is Incurred in accordance with, or not in contravention of, Section 4.11, solely to the extent Section 4.11 is applicable; 

(xv) the Incurrence by either Issuer or any of the Restricted Subsidiaries of Indebtedness or Disqualified Stock or Preferred
Stock of a Restricted Subsidiary that serves to replace, refund, refinance or defease any Indebtedness Incurred or Disqualified Stock or Preferred Stock issued as permitted under Section 4.03(a) and clauses (i), (ii), (iii), (iv), (xii),
(xiii), (xv), (xvi), (xx), (xxiii) and (xxvii) of this Section 4.03(b) up to the outstanding principal amount (or, if applicable, the liquidation preference face amount, or the like) or, if greater, committed amount (only to the extent the
committed amount could have been Incurred on the date of initial Incurrence and was deemed Incurred at such time for the purposes of this Section 4.03) of such Indebtedness or Disqualified Stock or Preferred Stock, in each case at the time such
Indebtedness was Incurred or Disqualified Stock or Preferred Stock was issued pursuant to Section 4.03(a) or clauses (i), (ii), (iii), (iv), (xii), (xiii), (xv), (xvi), (xx), (xxiii) and (xxvii) of this Section 4.03(b), or any
Indebtedness, Disqualified Stock or Preferred Stock Incurred to so replace, refund, refinance or defease such Indebtedness, Disqualified Stock or Preferred Stock, plus any additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to
pay premiums (including tender premiums), accrued and unpaid interest, expenses, defeasance costs and fees in connection therewith (subject to the following proviso, “Refinancing Indebtedness”) prior to its respective maturity;
provided, however, that such Refinancing Indebtedness: 
 (1) has a Weighted Average Life to Maturity at the time such
Refinancing Indebtedness is Incurred which is not less than the shorter of (x) the remaining Weighted Average Life to Maturity of the Indebtedness, Disqualified Stock or Preferred Stock being replaced, refunded, refinanced or defeased and
(y) the Weighted Average Life to Maturity that would result if all payments of principal on the Indebtedness, Disqualified Stock and Preferred 

  
 74 

 
Stock being replaced, refunded, refinanced or defeased that were due on or after the date that is one year following the last maturity date of any Notes then outstanding were instead due on such
date (provided that this subclause (1) will not apply to any replacement, refunding, refinancing or defeasance of any Secured Indebtedness constituting First Priority Lien Obligations); 

(2) to the extent such Refinancing Indebtedness refinances (a) Indebtedness subordinated in right of payment to the Notes
or a Subsidiary Guarantee, as applicable, such Refinancing Indebtedness is subordinated in right of payment to the Notes or the Subsidiary Guarantee, as applicable, or (b) Disqualified Stock or Preferred Stock, such Refinancing Indebtedness is
Disqualified Stock or Preferred Stock; and 
 (3) shall not include (x) Indebtedness of a Restricted Subsidiary that is
not a Subsidiary Guarantor that refinances Indebtedness of an Issuer or a Subsidiary Guarantor, or (y) Indebtedness of an Issuer or a Restricted Subsidiary that refinances Indebtedness of an Unrestricted Subsidiary; 

(xvi) Indebtedness, Disqualified Stock or Preferred Stock of (A) the Issuers or any Restricted Subsidiary Incurred to
finance an acquisition (including a merger, consolidation or amalgamation) or Investment or (B) Persons that are acquired by any Issuer or Restricted Subsidiary or merged, consolidated or amalgamated with or into any Issuer or Restricted
Subsidiary in accordance with the terms of this Indenture; provided that after giving effect to such acquisition, Investment or merger, consolidation or amalgamation, either: 

(1) the Issuers would be permitted to Incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage
Ratio test set forth in Section 4.03(a); or 
 (2) the Fixed Charge Coverage Ratio of the Issuers would be no less than
immediately prior to such acquisition, Investment or merger, consolidation or amalgamation; 
 provided, further, that all
Restricted Subsidiaries that are not Subsidiary Guarantors may not incur Indebtedness or issue shares of Disqualified Stock or Preferred Stock pursuant to this clause (xvi) in excess of an amount, together with any Refinancing Indebtedness
thereof pursuant to clause (xv) hereof, not to exceed, after giving pro forma effect to such incurrence or issuance (including pro forma effect to the application of the net proceeds therefrom), the greater of $475.0 million
and 17.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness is Incurred and
after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount). 

  
 75 

 (xvii) Indebtedness in connection with Permitted Securitization Financings;

 (xviii) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar
instrument drawn against insufficient funds in the ordinary course of business; provided that such Indebtedness is extinguished within five Business Days of its Incurrence; 

(xix) Indebtedness of either Issuer or any Restricted Subsidiary (1) supported by a letter of credit or bank guarantee
issued pursuant to Bank Indebtedness, in a principal amount not in excess of the stated amount of such letter of credit or (2) in respect of cash management services in the ordinary course of business; 

(xx) Indebtedness of Restricted Subsidiaries that are not Subsidiary Guarantors; provided, however, that the
aggregate principal amount of Indebtedness Incurred under this clause (xx), when aggregated with the principal amount of all other Indebtedness then outstanding and Incurred pursuant to this clause (xx), together with Refinancing Indebtedness in
respect thereof Incurred pursuant to clause (xv) hereof, does not exceed the greater of $350.0 million and 12.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements
have been made available immediately preceding such date on which such additional Indebtedness is Incurred and after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of
any Refinancing Indebtedness, the Additional Refinancing Amount); 
 (xxi) Indebtedness of either Issuer or any Restricted
Subsidiary consisting of (A) the financing of insurance premiums or (B) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary
course of business; 
 (xxii) Indebtedness consisting of Indebtedness issued by an Issuer or a Restricted Subsidiary to
current or former officers, directors and employees thereof or any direct or indirect parent thereof, their respective estates, spouses or former spouses, in each case to finance the purchase or redemption of Equity Interests of the Company or any
direct or indirect parent of the Company to the extent permitted by Section 4.04; 
 (xxiii) Indebtedness Incurred on
behalf of, or representing guarantees of Indebtedness of, joint ventures of any Issuer or Restricted Subsidiary; provided, however, that the aggregate principal amount of Indebtedness Incurred under this clause (xxiii), when aggregated with
the principal amount of all other Indebtedness then outstanding and Incurred pursuant to this clause (xxiii), together with any Refinancing Indebtedness in respect thereof Incurred pursuant to clause (xv) hereof, does not exceed the greater of
$150.0 million and 5.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such date on which such additional Indebtedness
is Incurred and after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount); 

  
 76 

 (xxiv) guarantees by the Issuers and Restricted Subsidiaries of Indebtedness
under customer financing lines of credit entered into in the ordinary course of business; 
 (xxv) Indebtedness in respect of
obligations of an Issuer or any Restricted Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection with such goods and services; provided that such obligations are Incurred in connection with open
accounts extended by suppliers on customary trade terms in the ordinary course of business and not in connection with the borrowing of money or any Hedging Obligations; 

(xxvi) Indebtedness of an Issuer or any Restricted Subsidiary to or on behalf of any joint venture (regardless of the form of
legal entity) that is not a Restricted Subsidiary arising in the ordinary course of business in connection with the cash management operations (including with respect to intercompany self-insurance arrangements) of the Issuers and the Restricted
Subsidiaries; and 
 (xxvii) Indebtedness, together with any Refinancing Indebtedness thereof incurred pursuant to clause
(xv) hereof, in an aggregate principal amount not to exceed the sum of (i) $2,100.0 million at any time outstanding (including under the First-Priority Notes) (plus, in the case of any Refinancing Indebtedness, the Additional
Refinancing Amount) and (ii) $3,450.0 million at any time outstanding (including under the ADT First Lien Notes) (plus, in the case of any Refinancing Indebtedness, the Additional Refinancing Amount). 

(c) For purposes of determining compliance with this Section 4.03: 

(1) in the event that an item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) meets the
criteria of more than one of the categories of permitted Indebtedness described in clauses (i) through (xxvii) of Section 4.03(b) above (or any portion thereof) or is entitled to be Incurred or issued pursuant to Section 4.03(a), then
the Issuers may, in their sole discretion, divide, classify or reclassify, or later divide, classify or reclassify (as if Incurred at such later time), such item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) in any
manner that complies with this Section 4.03, provided that Indebtedness outstanding under (i) the First Lien Credit Agreement on the Issue Date shall be incurred under clause (b)(i)(x) of Section 4.03 above and may not be
reclassified, (ii) the Notes on the Issue Date shall be incurred under clause (b)(ii) of Section 4.03 above and may not be reclassified, (iii) the First-Priority Notes outstanding on the Issue Date shall be incurred under clause
(b)(xxvii)(i) of Section 4.03 above and may not be reclassified and (iv) the ADT First Lien Notes outstanding on the Issue Date shall be incurred under clause (b)(xxvii)(ii) of Section 4.03 above and may not be reclassified; 

(2) at the time of Incurrence, division, classification or reclassification, the Issuers will be entitled to divide and
classify an item of Indebtedness in more than one of the categories of Indebtedness described in Section 4.03(a) or clauses (i) through (xxvii) of Section 4.03(b) (or any portion thereof) without giving pro forma effect to
the 

  
 77 

 
Indebtedness Incurred, divided, classified or reclassified pursuant to any other clause or paragraph of Section 4.03 (or any portion thereof) when calculating the amount of Indebtedness that
may be Incurred, divided, classified or reclassified pursuant to any such clause or paragraph (or any portion thereof) at such time; and 

(3) in connection with the Incurrence or issuance, as applicable, of (x) revolving loan Indebtedness under this
Section 4.03 or (y) any commitment relating to the Incurrence or issuance of Indebtedness, Disqualified Stock or Preferred Stock under this Section 4.03, and the granting of any Lien to secure such Indebtedness, the Issuers or
applicable Restricted Subsidiary may designate such Incurrence or issuance and the granting of any Lien therefor as having occurred on the date of first Incurrence of such revolving loan Indebtedness or commitment (such date, the “Deemed
Date”), and any related subsequent actual Incurrence or issuance and granting of such Lien therefor will be deemed for all purposes under this Indenture to have been Incurred or issued and granted on such Deemed Date, including without
limitation for purposes of calculating the Fixed Charge Coverage Ratio, usage of any baskets hereunder (if applicable), the Secured Leverage Ratio, the Senior Secured Leverage Ratio and EBITDA (and all such calculations on and after the Deemed Date
until the termination or funding of such commitments shall be made on a pro forma basis after giving effect to the deemed Incurrence or issuance, the granting of any Lien therefor and related transactions in connection therewith). 

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

  
 78 

 Notwithstanding any other provision of this Section 4.03, the maximum amount of
Indebtedness that the Issuers and the Restricted Subsidiaries may Incur pursuant to this Section 4.03 shall not be deemed to be exceeded, with respect to any outstanding Indebtedness, solely as a result of fluctuations in the exchange rate of
currencies. The principal amount of any Indebtedness Incurred to refinance other Indebtedness, if Incurred in a different currency from the Indebtedness being refinanced, will be calculated based on the currency exchange rate applicable to the
currencies in which the respective Indebtedness is denominated that is in effect on the date of the refinancing. 
 SECTION 4.04
Limitation on Restricted Payments. 
 (a) The Issuers shall not, and shall not permit any of their Restricted Subsidiaries to,
directly or indirectly: 
 (i) declare or pay any dividend or make any distribution on account of any of the Issuers’ or
any of the Restricted Subsidiaries’ Equity Interests, including any payment made in connection with any merger, amalgamation or consolidation involving the Company (other than (A) dividends or distributions by the Company payable solely in
Equity Interests (other than Disqualified Stock) of the Company; or (B) dividends or distributions by a Restricted Subsidiary so long as, in the case of any dividend or distribution payable on or in respect of any class or series of Equity
Interests issued by a Restricted Subsidiary that is not a Wholly Owned Restricted Subsidiary, an Issuer or a Restricted Subsidiary receives at least its pro rata share of such dividend or distribution in accordance with its Equity Interests
in such class or series of Equity Interests); 
 (ii) purchase or otherwise acquire or retire for value any Equity Interests
of the Company or any direct or indirect parent of the Company; 
 (iii) make any principal payment on, or redeem,
repurchase, defease or otherwise acquire or retire for value, in each case prior to any scheduled repayment or scheduled maturity, any Subordinated Indebtedness of any Issuer or Subsidiary Guarantor (other than the payment, redemption, repurchase,
defeasance, acquisition or retirement of (A) Subordinated Indebtedness in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case due within one year of the date of such payment, redemption,
repurchase, defeasance, acquisition or retirement and (B) Indebtedness permitted under clauses (vii) and (ix) of Section 4.03(b)); or 

(iv) make any Restricted Investment 

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

  
 79 

 (3) such Restricted Payment, together with the aggregate amount of all other
Restricted Payments made by the Issuers and the Restricted Subsidiaries after May 2, 2016 (including Restricted Payments permitted by clauses (vi)(C) and (xiii)(B) of Section 4.04(b), but excluding all other Restricted Payments permitted
by Section 4.04(b)), is less than the amount equal to the Cumulative Credit existing at such time. 
 (b) The provisions of
Section 4.04(a) shall not prohibit: 
 (i) the payment of any dividend or distribution or the consummation of any
redemption within 60 days after the date of declaration thereof or the giving notice thereof, as applicable, if at the date of declaration or the giving notice of such redemption, as applicable, such payment would have complied with the provisions
of this Indenture; 
 (ii) (A) the redemption, repurchase, retirement or other acquisition of any Equity Interests
(“Retired Capital Stock”) or Subordinated Indebtedness of any Issuer, any direct or indirect parent of the Company or any Subsidiary Guarantor in exchange for, or out of the proceeds of, the substantially concurrent sale of, Equity
Interests of the Company or any direct or indirect parent of the Company or contributions to the equity capital of the Company (other than any Disqualified Stock or any Equity Interests sold to a Subsidiary of an Issuer or to another Issuer)
(collectively, including any such contributions, “Refunding Capital Stock”), 
  

	 	(B)	 the declaration and payment of dividends on the Retired Capital Stock out of the proceeds of the substantially
concurrent sale (other than to a Subsidiary of an Issuer or to another Issuer) of Refunding Capital Stock, and 

  

	 	(C)	 if immediately prior to the retirement of Retired Capital Stock, the declaration and payment of dividends
thereon was permitted under clause (vi) of this Section 4.04(b) and not made pursuant to clause (ii)(B), the declaration and payment of dividends on the Refunding Capital Stock (other than Refunding Capital Stock the proceeds of which were
used to redeem, repurchase, retire or otherwise acquire any Equity Interests of any direct or indirect parent of the Company) in an aggregate amount per year no greater than the aggregate amount of dividends per annum that were declarable and
payable on such Retired Capital Stock immediately prior to such retirement; 

  
 80 

 (iii) the redemption, repurchase, defeasance, or other acquisition or
retirement of Subordinated Indebtedness of an Issuer or any Subsidiary Guarantor made by exchange for, or out of the proceeds of the substantially concurrent sale of, new Indebtedness of an Issuer or a Subsidiary Guarantor, which is Incurred in
accordance with Section 4.03 so long as: 
  

	 	(A)	 the principal amount (or accreted value, if applicable) of such new Indebtedness does not exceed the principal
amount (or accreted value, if applicable), plus any accrued and unpaid interest, of the Subordinated Indebtedness being so redeemed, repurchased, defeased, acquired or retired for value (plus the amount of any premium required to be paid under the
terms of the instrument governing the Subordinated Indebtedness being so redeemed, repurchased, acquired or retired, any tender premiums, plus any defeasance costs, fees and expenses incurred in connection therewith), 

 

	 	(B)	 such Indebtedness is subordinated to the Notes or the related Subsidiary Guarantee of such Subsidiary
Guarantor, as the case may be, at least to the same extent as such Subordinated Indebtedness so purchased, exchanged, redeemed, repurchased, defeased, acquired or retired for value, 

 

	 	(C)	 such Indebtedness has a final scheduled maturity date equal to or later than the earlier of (x) the final
scheduled maturity date of the Subordinated Indebtedness being so redeemed, repurchased, acquired or retired and (y) 91 days following the last maturity date of any Notes then outstanding, and 

 

	 	(D)	 such Indebtedness has a Weighted Average Life to Maturity at the time Incurred which is not less than the
shorter of (x) the remaining Weighted Average Life to Maturity of the Subordinated Indebtedness being so redeemed, repurchased, defeased, acquired or retired and (y) the Weighted Average Life to Maturity that would result if all payments
of principal on the Subordinated Indebtedness being redeemed, repurchased, defeased, acquired or retired that were due on or after the date that is one year following the last maturity date of any Notes then outstanding were instead due on such
date; 

 (iv) a Restricted Payment to pay for the repurchase, retirement or other acquisition for value of
Equity Interests of the Company or any direct or indirect parent of the Company held by any future, present or former employee, director, officer or consultant of the Company or any direct or indirect parent of the Company or any Subsidiary of the
Issuers pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or other agreement or arrangement; provided, however, that the aggregate Restricted Payments made under this clause
(iv) do not exceed $100.0 million in any calendar year, with unused amounts in any calendar year being permitted to be carried over to succeeding calendar years subject to a maximum of $200.0 million in any calendar year;
provided, further, however, that such amount in any calendar year may be increased by an amount not to exceed: 
  

	 	(A)	 the cash proceeds received by either Issuer or any of the Restricted Subsidiaries from the sale of Equity
Interests (other than Disqualified Stock) of the Company or any direct or indirect parent of the Company (to the extent contributed to the Company) to employees, directors, officers or

  
 81 

	 	
consultants of the Issuers and the Restricted Subsidiaries or any direct or indirect parent of the Company that occurs after May 2, 2016 (provided that the amount of such cash
proceeds utilized for any such repurchase, retirement, other acquisition or dividend will not increase the amount available for Restricted Payments under clause (3) of the definition of Cumulative Credit, plus 

 

	 	(B)	 the cash proceeds of key man life insurance policies received by the Company or any direct or indirect parent
of the Company (to the extent contributed to the Company) or the Restricted Subsidiaries after May 2, 2016; 

provided that the Issuers may elect to apply all or any portion of the aggregate increase contemplated by clauses (A) and (B) above
in any calendar year; and provided, further, that cancellation of Indebtedness owing to an Issuer or any Restricted Subsidiary from any present or former employees, directors, officers or consultants of any Issuer, any Restricted Subsidiary
or the direct or indirect parents of the Company in connection with a repurchase of Equity Interests of the Company or any of its direct or indirect parents will not be deemed to constitute a Restricted Payment for purposes of this Section 4.04
or any other provision of this Indenture; 
 (v) the declaration and payment of dividends or distributions to holders of any
class or series of Disqualified Stock of any Issuer or any Restricted Subsidiary issued or incurred in accordance with Section 4.03; 

(vi) (A) the declaration and payment of dividends or distributions to holders of any class or series of Designated Preferred
Stock (other than Disqualified Stock) issued after the Issue Date; 
  

	 	(B)	 a Restricted Payment to any direct or indirect parent of the Company, the proceeds of which will be used to
fund the payment of dividends to holders of any class or series of Designated Preferred Stock (other than Disqualified Stock) of any direct or indirect parent of the Company issued after the Issue Date; provided that the aggregate amount of
dividends declared and paid pursuant to this clause (B) does not exceed the net cash proceeds actually received by the Company from any such sale of Designated Preferred Stock (other than Disqualified Stock) issued after the Issue Date; and

  

	 	(C)	 the declaration and payment of dividends on Refunding Capital Stock that is Preferred Stock in excess of the
dividends declarable and payable thereon pursuant to Section 4.04(b)(ii); 

 provided, however, in the
case of each of clauses (A) and (C) above of this clause (vi), that for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding the date of issuance of such Designated
Preferred Stock, after giving effect to such issuance (and the 

  
 82 

 
payment of dividends or distributions and treating such Designated Preferred Stock as Indebtedness for borrowed money for such purpose) on a pro forma basis (including a pro forma
application of the net proceeds therefrom), the Issuers would have had a Fixed Charge Coverage Ratio of at least 2.00 to 1.00; 

(vii) Investments in Unrestricted Subsidiaries having an aggregate Fair Market Value (as determined in good faith by the
Issuers), taken together with all other Investments made pursuant to this clause (vii) that are at that time outstanding, not to exceed the sum of (a) the greater of $75.0 million and 2.5% of the Pro Forma EBITDA of the Issuers for
the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal
quarters and (b) an amount equal to any returns (including dividends, interest, distributions, returns of principal, profits on sale, repayments, income and similar amounts) actually received in respect of any such Investment (with the Fair
Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in value); provided, however, that if any Investment pursuant to this clause (vii) is made in any Person that is not
an Issuer or a Restricted Subsidiary at the date of the making of such Investment and such Person becomes an Issuer or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause
(1) of the definition of “Permitted Investments” and shall cease to have been made pursuant to this clause (vii) for so long as such Person continues to be an Issuer or a Restricted Subsidiary; 

(viii) (A) the payment of dividends of up to $400.0 million per fiscal year or (B) in lieu of all or a portion of the
dividends permitted by clause (A) of this Section 4.04(b)(viii), repurchases of an Issuer’s Capital Stock (or a Restricted Payment to any direct or indirect parent of the Issuers to fund the repurchase by such direct or indirect
parent of the Issuers of such entity’s Capital Stock) for aggregate consideration that, when taken together with dividends permitted by clause (A) of this Section 4.04(b)(viii) in such fiscal year, does not exceed the amount otherwise
permitted by clause (A) of this Section 4.04(b)(viii); 
 (ix) Restricted Payments that are made with (or in an
aggregate amount that does not exceed the aggregate amount of) Excluded Contributions; 
 (x) other Restricted Payments in an
aggregate amount, when taken together with all other Restricted Payments made pursuant to this clause (x) that are at that time outstanding, not to exceed the greater of $425.0 million and 15.0% of the Pro Forma EBITDA of the Issuers for
the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such event and giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal
quarters; 
 (xi) the distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to an
Issuer or a Restricted Subsidiary by, Unrestricted Subsidiaries; 

  
 83 

 (xii) (A) with respect to any taxable period for which the Issuers and/or
any of their Subsidiaries are members of a consolidated, combined, affiliated, unitary or similar income tax group for U.S. federal and/or applicable state or local income tax purposes of which a direct or indirect parent of the Company is the
common parent, or for which the Company is a partnership or disregarded entity for U.S. federal income tax purposes that is wholly-owned (directly or indirectly) by a C corporation for U.S. federal and/or applicable state or local income tax
purposes, distributions to any direct or indirect parent of the Company in an amount not to exceed the amount of any U.S. federal, state and/or local income taxes that the Issuers and/or their Subsidiaries, as applicable, would have paid for such
taxable period had the Issuers and/or their Subsidiaries, as applicable, been a stand-alone corporate taxpayer or a stand-alone corporate group, and (B) with respect to any taxable period ending after the Issue Date for which the Company is a
partnership or disregarded entity for U.S. federal income tax purposes (other than a partnership or disregarded entity described in clause (A)), distributions to any direct or indirect parent of the Company in an amount necessary to permit such
direct or indirect parent of the Company to pay or to make a pro rata distribution to its owners such that each direct or indirect owner of the Company receives an amount from such pro rata distribution sufficient to enable such owner
to pay its U.S. federal, state and/or local income taxes (as applicable) attributable to its direct or indirect ownership of the Issuers and their Subsidiaries with respect to such taxable period (assuming that each owner is subject to tax at the
highest combined marginal federal, state, and/or local income tax rate applicable to any owner for such taxable period and taking into account the deductibility of state and local income taxes for U.S. federal income tax purposes (and any
limitations thereon), the alternative minimum tax, any cumulative net taxable loss of the Company for prior taxable periods ending after the Issue Date to the extent such loss is of a character that would allow such loss to be available to reduce
taxes in the current taxable period (taking into account any limitations on the utilization of such loss to reduce such taxes and assuming such loss had not already been utilized) and the character (e.g., long-term or short-term capital gain or
ordinary or exempt) of the applicable income); 
  

	 	(xiii)	 any Restricted Payment, if applicable: 

 

	 	(A)	 in amounts required for any direct or indirect parent of the Company to pay fees and expenses (including
franchise or similar taxes) required to maintain its corporate existence, customary salary, bonus and other benefits payable to, and indemnities provided on behalf of, directors, officers and employees of any direct or indirect parent of the Company
and general corporate operating and overhead, legal, accounting and other professional fees and expenses of any direct or indirect parent of the Company in each case to the extent such fees and expenses are attributable to the ownership or operation
of the Company, if applicable, and its Subsidiaries; 

  
 84 

	 	(B)	 in amounts required for any direct or indirect parent of the Company, if applicable, to pay interest and/or
principal on Indebtedness the proceeds of which have been contributed to an Issuer or any Restricted Subsidiary and that has been guaranteed by, or is otherwise considered Indebtedness of, an Issuer Incurred in accordance with Section 4.03; and

  

	 	(C)	 in amounts required for any direct or indirect parent of the Company to pay fees and expenses related to any
equity or debt offering of such parent (whether or not successful); 

 (xiv) 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; 

(xv) any consideration, payment, dividend or distribution in connection with a Permitted Securitization Financing; 

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

(xvii) the repurchase, redemption or other acquisition or retirement for value of any Preferred Stock or Subordinated
Indebtedness pursuant to the provisions similar to those described in Section 4.06 and Section 4.08; provided that all Notes tendered by holders of the Notes in connection with a Change of Control Offer or Asset Sale Offer, as
applicable, have been repurchased, redeemed or acquired for value; 
 (xviii) payments or distributions to dissenting
stockholders pursuant to applicable law, pursuant to or in connection with a consolidation, amalgamation, merger or transfer of all or substantially all of the assets of the Issuers and the Restricted Subsidiaries, taken as a whole, that complies
with Section 5.01; provided that as a result of such consolidation, amalgamation, merger or transfer of assets, the Issuers shall have made a Change of Control Offer (if required by this Indenture) and that all Notes tendered by holders
in connection with such Change of Control Offer have been repurchased, redeemed or acquired for value; and 
 (xix) any
Restricted Payment so long as, immediately after giving effect to such Restricted Payment, the Total Indebtedness Leverage Ratio for the most recently ended four fiscal quarters for which financial statements have been made available immediately
preceding such Restricted Payment is not greater than 3.15 to 1.00 on a pro forma basis; 
 provided, however, that at the time of, and after
giving effect to, any Restricted Payment permitted under clauses (vi)(B), (x), (xi) and (xix) of this Section 4.04(b), no Event of Default shall have occurred and be continuing or would occur as a consequence thereof; provided,
further, that any Restricted Payments made with property other than cash shall be calculated using the Fair Market Value (as determined in good faith by the Issuers) of such property. 

  
 85 

 (c) For purposes of determining compliance with this covenant, (A) a Restricted Payment
or Permitted Investment need not be permitted solely by reference to one category of permitted Restricted Payments (or any portion thereof) or Permitted Investments (or any portion thereof) described in the above clauses or the definitions thereof
but may be permitted in part under any combination thereof and (B) in the event that a Restricted Payment (or any portion thereof) or Permitted Investment (or any portion thereof) meets the criteria of one or more of the categories of permitted
Restricted Payments (or any portion thereof) or Permitted Investments (or any portion thereof) described in the above clauses or the definitions thereof, the Issuers may, in their sole discretion, divide, classify or reclassify, or later divide,
classify or reclassify, such permitted Restricted Payment (or any portion thereof) or Permitted Investment (or any portion thereof) in any manner that complies with this Section 4.04 and at the time of division, classification or
reclassification will be entitled to only include the amount and type of such Restricted Payment (or any portion thereof) or Permitted Investment (or any portion thereof) in one of the categories of permitted Restricted Payments (or any portion
thereof) or Permitted Investments (or any portion thereof) described in the above clauses or the definitions thereof. 
 (d) In connection
with any commitment, definitive agreement or similar event relating to a Restricted Payment or Investment, the Issuers or applicable Restricted Subsidiary may designate such Restricted Payment or Investment as having occurred on the date of the
commitment, definitive agreement or similar event relating thereto (such date, the “Election Date”) if, after giving pro forma effect to such Restricted Payment or Investment and all related transactions in connection therewith and any
related pro forma adjustments, the Issuers or any of their Restricted Subsidiaries would have been permitted to make such Investment on the relevant Election Date in compliance with this Indenture, and any related subsequent actual making of such
Investment will be deemed for all purposes under this Indenture to have been made on such Election Date, including, without limitation, for purposes of calculating any ratio, compliance with any test, usage of any baskets hereunder (if applicable)
and EBITDA and for purposes of determining whether there exists any Default or Event of Default (and all such calculations on and after the Election Date until the termination, expiration, passing, rescission, retraction or rescindment of such
commitment, definitive agreement or similar event shall be made on a pro forma basis giving effect thereto and all related transactions in connection therewith). 

(e) As of the Issue Date, all of the Subsidiaries of the Issuers will be Restricted Subsidiaries. The Issuers will not permit any Restricted
Subsidiary to become an Unrestricted Subsidiary except pursuant to the definition of Unrestricted Subsidiary. For purposes of designating any Restricted Subsidiary as an Unrestricted Subsidiary, all outstanding Investments by the Issuers and the
Restricted Subsidiaries (except to the extent repaid) in the Subsidiary so designated will be deemed to be Restricted Payments in an amount determined as set forth in the last sentence of the definition of “Investments.” Such designation
will only be permitted if a Restricted Payment or Permitted Investment in such amount would be permitted at such time and if such Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. 

  
 86 

 SECTION 4.05 Dividend and Other Payment Restrictions Affecting Subsidiaries. The
Issuers shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or consensual restriction on the ability of any
Restricted Subsidiary to: 
 (a) (i) pay dividends or make any other distributions to either Issuer or any Restricted Subsidiary (1) on
its Capital Stock; or (2) with respect to any other interest or participation in, or measured by, its profits; or (ii) pay any Indebtedness owed to either Issuer or any Restricted Subsidiary; 

(b) make loans or advances to either Issuer or any Restricted Subsidiary; or 

(c) sell, lease or transfer any of its properties or assets to either Issuer or any Restricted Subsidiary; 

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

(1) (A) contractual encumbrances or restrictions in effect on the Issue Date (including, without limitation, pursuant to the
First Lien Credit Agreement), (B) contractual encumbrances or restrictions pursuant to the First Lien Credit Agreement and the other Credit Agreement Documents, (C) contractual encumbrances or restrictions pursuant to the indentures
governing the First-Priority Notes and the ADT First Lien Notes, and (D) in each case, any similar contractual encumbrances or restrictions or any amendments, modifications, restatements, renewals, supplements, refundings, replacements or
refinancings of such agreements or instruments; 
 (2) this Indenture, the Notes or the Subsidiary Guarantees; 

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

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

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

(6) Secured Indebtedness otherwise permitted to be Incurred pursuant to Section 4.03 and Section 4.12 that limit the
right of the debtor to dispose of the assets securing such Indebtedness; 
 (7) restrictions on cash or other deposits or net
worth imposed by customers under contracts entered into in the ordinary course of business; 
 (8) customary provisions in
joint venture agreements and other similar agreements entered into in the ordinary course of business; 

  
 87 

 (9) purchase money obligations for property acquired and Capitalized Lease
Obligations in the ordinary course of business that impose restrictions of the nature discussed in Section 4.05(c) above on the property so acquired; 

(10) customary provisions contained in leases, licenses and other similar agreements entered into in the ordinary course of
business or consistent with past practice or industry norm; 
 (11) in the case of Section 4.05(c) above, any
encumbrance or restriction that restricts in a customary manner the subletting, assignment or transfer of any property or asset that is subject to a lease, license or similar contract, or the assignment or transfer of any such lease, license
(including without limitations, licenses of intellectual property) or other contracts; 
 (12) any encumbrance or restriction
of a Special Purpose Securitization Subsidiary effected in connection with a Permitted Securitization Financing; provided, however, that such restrictions apply only to such Special Purpose Securitization Subsidiary; 

(13) other Indebtedness, Disqualified Stock or Preferred Stock (a) of either Issuer or any Restricted Subsidiary that is a
Subsidiary Guarantor or a Foreign Subsidiary or (b) of any Restricted Subsidiary that is not a Subsidiary Guarantor or a Foreign Subsidiary so long as such encumbrances and restrictions contained in any agreement or instrument will not
materially affect the Issuers’ ability to make anticipated principal or interest payments on the Notes (as determined in good faith by the Issuers), provided that in the case of each of clauses (a) and (b), such Indebtedness,
Disqualified Stock or Preferred Stock is permitted to be Incurred subsequent to the Issue Date pursuant to Section 4.03; 

(14) any Restricted Investment not prohibited by Section 4.04 and any Permitted Investment; or 

(15) any encumbrances or restrictions of the type referred to in Section 4.05(a), (b) or (c) above imposed by any
amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in clauses (1) through (14) above; provided that such
amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the Issuers, not materially more restrictive with respect to such dividend and other payment
restrictions than those contained in the dividend or other payment restrictions prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing. 

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

  
 88 

 SECTION 4.06 Asset Sales. 

(a) The Issuers shall not, and shall not permit any of the Restricted Subsidiaries to, cause or make an Asset Sale, unless (x) an Issuer
or any Restricted Subsidiary, as the case may be, receives consideration at the time of such Asset Sale at least equal to the Fair Market Value (as determined in good faith by the Issuers) of the assets sold or otherwise disposed of, and (y) at
least 75% of the consideration therefor received by such Issuer or such Restricted Subsidiary, as the case may be, is in the form of Cash Equivalents; provided that the amount of: 

(i) any liabilities (as shown on an Issuer’s or a Restricted Subsidiary’s most recent balance sheet or in the notes
thereto) of an Issuer or a Restricted Subsidiary (other than liabilities that are by their terms subordinated to the Notes or any Subsidiary Guarantee) that are assumed by the transferee of any such assets or that are otherwise cancelled or
terminated in connection with the transaction with such transferee, 
 (ii) any notes or other obligations or other
securities or assets received by such Issuer or such Restricted Subsidiary from such transferee that are converted by such Issuer or such Restricted Subsidiary into cash within 180 days of the receipt thereof (to the extent of the cash received),

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

(iv) consideration consisting of Indebtedness of an Issuer or a Restricted Subsidiary (other than Subordinated Indebtedness)
received after the Issue Date from Persons who are not an Issuer or any Restricted Subsidiary, and 
 (v) any Designated Non-cash Consideration received by any Issuer or any Restricted Subsidiary in such Asset Sale having an aggregate Fair Market Value (as determined in good faith by the Issuers), taken together with all other
Designated Non-cash Consideration received pursuant to this Section 4.06(a)(v) that is at that time outstanding, not to exceed the greater of $150.0 million and 5.0% of the Pro Forma EBITDA of the
Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding the receipt of such Designated Non-cash Consideration and after
giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters (with the Fair Market Value of each item of Designated Non-cash Consideration being measured at
the time received and without giving effect to subsequent changes in value), 
 shall in each case be deemed to be Cash Equivalents for the purposes of this
Section 4.06(a). 

  
 89 

 (b) Within 365 days after any Issuer’s or any Restricted Subsidiary’s receipt of
the Net Proceeds of any Asset Sale, such Issuer or such Restricted Subsidiary may apply the Net Proceeds from such Asset Sale, at its option: 

(i) to repay (A) Indebtedness constituting First Priority Lien Obligations (and, if the Indebtedness repaid is revolving
credit Indebtedness, to correspondingly reduce commitments with respect thereto), (B) Indebtedness of a Restricted Subsidiary that is not a Subsidiary Guarantor, (C) Notes Obligations or (D) other Pari Passu Indebtedness (other than
First Priority Lien Obligations) (provided that if an Issuer or any Subsidiary Guarantor shall so reduce Obligations under other Pari Passu Indebtedness pursuant to this subclause (D) that does not constitute First Priority Lien
Obligations (which does not include indebtedness described in subclauses (A), (B) and (C) of this Section 4.06(b)(i), even if such indebtedness may also constitute Pari Passu Indebtedness), the Issuers will equally and ratably reduce Notes
Obligations pursuant to Section 3.01, through open-market purchases (provided that such purchases are at or above 100% of the principal amount thereof or, in the event that the Notes were issued with significant original issue discount,
100% of the accreted value thereof) or by making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all holders to purchase a pro rata principal amount of Notes at a purchase price equal to 100% of the
principal amount thereof (or, in the event that the Notes were issued with significant original issue discount, 100% of the accreted value thereof), plus accrued and unpaid interest, if any); or 

(ii) to make an investment in any one or more businesses (provided that if such investment is in the form of the
acquisition of Capital Stock of a Person, such acquisition results in such Person becoming a Restricted Subsidiary of the Issuers or in an increase in the percentage ownership by the Issuers (or a Restricted Subsidiary) in such Restricted
Subsidiary), assets, or property or capital expenditures, in each case (A) used or useful in a Similar Business or (B) that replace the properties and assets that are the subject of such Asset Sale or in each case to reimburse the cost of
any of the foregoing incurred on or after the date on which the Asset Sale giving rise to such Net Proceeds was contractually committed. 

In the case of Section 4.06(b)(ii), a binding commitment shall be treated as a permitted application of the Net Proceeds from the date of
such commitment until the 18-month anniversary of the date of the receipt of such Net Proceeds; provided that in the event such binding commitment is later canceled or terminated for any reason before
such Net Proceeds are so applied, then such Net Proceeds shall constitute Excess Proceeds unless such Issuer or such Restricted Subsidiary enters into another binding commitment (a “Second Commitment”) within six months of such
cancellation or termination of the prior binding commitment; provided, further, that such Issuer or such Restricted Subsidiary may only enter into a Second Commitment under the foregoing provision one time with respect to each Asset
Sale and to the extent such Second Commitment is later cancelled or terminated for any reason before such Net Proceeds are applied or are not applied within 180 days of such Second Commitment, then such Net Proceeds shall constitute Excess Proceeds.

  
 90 

 Pending the final application of any such Net Proceeds, such Issuer or such Restricted
Subsidiary may temporarily reduce Indebtedness under a revolving credit facility, if any, or otherwise use such Net Proceeds in any manner not prohibited by this Indenture. Any Net Proceeds from any Asset Sale that are not applied as provided and
within the time period set forth in the first sentence of this Section 4.06(b) (it being understood that any portion of such Net Proceeds used to make an offer to purchase Notes, as described in clause (i) of this Section 4.06(b),
shall be deemed to have been so applied whether or not such offer is accepted) will be deemed to constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds exceeds $150.0 million, the Issuers shall make an offer
to all holders of Notes (and, at the option of the Issuers, to holders of any other Pari Passu Indebtedness) (an “Asset Sale Offer”) to purchase the maximum principal amount of Notes (and such other Pari Passu Indebtedness), that is
at least $2,000 and an integral multiple of $1,000 in excess thereof that may be purchased out of the Excess Proceeds at an offer price in cash in an amount equal to 100% of the principal amount thereof (or, in the event the Notes or other Pari
Passu Indebtedness were issued with significant original issue discount, 100% of the accreted value thereof), plus accrued and unpaid interest (or, in respect of such other Pari Passu Indebtedness, such lesser price, if any, as may be provided for
by the terms of such other Pari Passu Indebtedness) to, but excluding, the date fixed for the closing of such offer, in accordance with the procedures set forth in this Indenture. The Issuers will commence an Asset Sale Offer with respect to Excess
Proceeds within ten (10) Business Days after the date that the aggregate amount of Excess Proceeds exceeds $150.0 million by mailing, or delivering electronically if held by DTC, the notice required pursuant to the terms of this Indenture,
with a copy to the Trustee. To the extent that the aggregate amount of Notes (and such other Pari Passu Indebtedness) tendered pursuant to an Asset Sale Offer is less than the Excess Proceeds, the Issuers may use any remaining Excess Proceeds for
any purpose that is not prohibited by this Indenture. If the aggregate principal amount of Notes (and such other Pari Passu Indebtedness) surrendered by holders thereof exceeds the amount of Excess Proceeds, the Trustee, upon receipt of notice from
the Issuers of the aggregate principal amount to be selected, shall select the Notes to be purchased in the manner described in Section 4.06(d). Upon completion of any such Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero.

 (c) The Issuers will comply with the requirements of Rule 14e-1 under the Exchange Act and any
other securities laws and regulations to the extent such laws or regulations are applicable in connection with the repurchase of the Notes pursuant to an Asset Sale Offer. To the extent that the provisions of any securities laws or regulations
conflict with the provisions of this Indenture, the Issuers will comply with the applicable securities laws and regulations and shall not be deemed to have breached their obligations described in this Indenture by virtue thereof. 

(d) Not later than the date upon which written notice of an Asset Sale Offer is delivered to the Trustee as provided above, the Issuers shall
deliver to the Trustee an Officer’s Certificate as to (i) the amount of the Excess Proceeds, (ii) the allocation of the Net Proceeds from the Asset Sales pursuant to which such Asset Sale Offer is being made and (iii) the
compliance of such allocation with the provisions of Section 4.06(b). On such date, the Issuers shall also irrevocably deposit with the Trustee or with the Paying Agent (or, if the Issuers or a Subsidiary is acting as the Paying Agent,
segregate and hold in trust) an amount equal to the Excess Proceeds to be invested in Cash Equivalents, as directed in writing by the Issuers and to 

  
 91 

 
be held for payment in accordance with the provisions of this Section 4.06. Upon the expiration of the period for which the Asset Sale Offer remains open (the “Offer
Period”), the Issuers shall deliver to the Trustee for cancellation the Notes or portions thereof that have been properly tendered to and are to be accepted by the Issuers. The Trustee (or the Paying Agent, if not the Trustee) shall, on the
date of purchase, mail or deliver payment to each tendering holder in the amount of the purchase price. In the event that the Excess Proceeds delivered by the Issuers to the Trustee are greater than the purchase price of the Notes tendered, the
Trustee shall deliver the excess to the Issuers immediately after the expiration of the Offer Period for application in accordance with this Section 4.06. 

(e) Holders electing to have a Note purchased shall be required to surrender such Note, with an appropriate form duly completed, to the
Issuers at the address specified in the notice at least three Business Days prior to the purchase date. Holders shall be entitled to withdraw their election if the Trustee or the Issuers receive not later than one Business Day prior to the purchase
date, a facsimile transmission or letter setting forth the name of the holder, the principal amount of the Note which was delivered by the holder for purchase and a statement that such holder is withdrawing his election to have such Note purchased.

 (f) If more Notes (and such other Pari Passu Indebtedness) are tendered pursuant to an Asset Sale Offer than the Issuers are required to
purchase, selection of such Notes for purchase will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which such Notes are listed (and the Issuers shall notify the Trustee of any
such listing), or if such Notes are not so listed, on a pro rata basis to the extent practicable, by lot or by such other method as the Trustee shall deem fair and appropriate (and in such manner as complies with the requirements of DTC, if
applicable); provided that no Notes of $2,000 or less shall be purchased in part. Selection of such other Pari Passu Indebtedness shall be made pursuant to the terms of such other Pari Passu Indebtedness. 

(g) Notices of an Asset Sale Offer shall be mailed by the Issuers by first class mail, postage prepaid to each holder of Notes at such
holder’s registered address, or delivered electronically if held at DTC, at least 30 but not more than 60 days before the purchase date. If any note is to be purchased in part only, any notice of purchase that relates to such note shall state
the portion of the principal amount thereof that has been or is to be purchased. 
 SECTION 4.07 Transactions with Affiliates.

 (a) The Issuers shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly, make any payment to, or
sell, lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction or series of transactions, contract, agreement, understanding, loan, advance or
guarantee with, or for the benefit of, any Affiliate of the Issuers (each of the foregoing, an “Affiliate Transaction”) involving aggregate consideration in excess of $33.0 million, unless: 

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

  
 92 

 (ii) with respect to any Affiliate Transaction or series of related
Affiliate Transactions involving aggregate consideration in excess of $70.0 million, the Issuers deliver to the Trustee a resolution adopted in good faith by the majority of the Board of Directors of the Company, approving such Affiliate
Transaction and set forth in an Officer’s Certificate certifying that such Affiliate Transaction complies with clause (i) above. 

(b) The provisions of Section 4.07(a) shall not apply to the following: 

(i) transactions between or among either Issuer and/or any of the Restricted Subsidiaries (or an entity that becomes a
Restricted Subsidiary as a result of such transaction) and any merger, consolidation or amalgamation of the Company and any direct parent of the Company; provided that such parent shall have no material liabilities and no material assets
other than cash, Cash Equivalents and the Capital Stock of the Company and such merger, consolidation or amalgamation is otherwise in compliance with the terms of this Indenture and effected for a bona fide business purpose; 

(ii) Restricted Payments permitted by Section 4.04 and Permitted Investments; 

(iii) the payment of reasonable and customary fees and reimbursement of expenses paid to, and indemnity provided on behalf of,
officers, directors, employees or consultants of any Issuer, any Restricted Subsidiary, or any direct or indirect parent of the Company; 

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

(v) payments or loans (or cancellation of loans) to officers, directors, employees or consultants which are approved by a
majority of the Board of Directors of the Company in good faith; 
 (vi) any agreement as in effect as of the Issue Date or
any amendment thereto (so long as any such agreement together with all amendments thereto, taken as a whole, is not more disadvantageous to the holders of the Notes in any material respect than the original agreement as in effect on the Issue Date),
as determined in good faith by the Issuers, or any transaction contemplated thereby; 
 (vii) the existence of, or the
performance by an Issuer or any Restricted Subsidiary of its obligations under the terms of, any stockholders, limited liability company, limited partnership or other agreement (including any registration rights agreement or purchase agreement
related thereto) to which it is a party as of the Issue 

  
 93 

 
Date, and any transaction, agreement or arrangement described in the Offering Memorandum and, in each case, any amendment thereto or similar transactions, agreements or arrangements which it may
enter into thereafter; provided, however, that the existence of, or the performance by an Issuer or any Restricted Subsidiary of its obligations under, any future amendment to any such existing transaction, agreement or arrangement or
under any similar transaction, agreement or arrangement entered into after the Issue Date shall only be permitted by this clause (vii) to the extent that the terms of any such existing transaction, agreement or arrangement together with all
amendments thereto, taken as a whole, or new transaction, agreement or arrangement are not otherwise more disadvantageous to the holders of the Notes in any material respect than the original transaction, agreement or arrangement as in effect on the
Issue Date, as determined in good faith by the Issuers; 
 (viii) the execution of the Transactions, and the payment of all
fees, expenses, bonuses and awards related to the Transactions, including fees to the Sponsors and their designees; 
 (ix)
(A) transactions with customers, clients, suppliers or purchasers or sellers of goods or services, or transactions otherwise relating to the purchase or sale of goods or services, in each case in the ordinary course of business and otherwise in
compliance with the terms of this Indenture, which are fair to the Issuers and the Restricted Subsidiaries in the reasonable determination of the Board of Directors or the senior management of the Company, or are on terms at least as favorable as
might reasonably have been obtained at such time from an unaffiliated party or (B) transactions with joint ventures or Unrestricted Subsidiaries entered into in the ordinary course of business or consistent with past practice or industry norm;

 (x) transactions pursuant to any Permitted Securitization Financing; 

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

(xii) the issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, or the
funding of, employment arrangements, stock option and stock ownership plans or similar employee benefit plans approved by the Board of Directors of an Issuer or any direct or indirect parent of the Company or of a Restricted Subsidiary, as
appropriate, in good faith; 
 (xiii) the entering into of any tax sharing agreement or arrangement that complies with
Section 4.04(b)(xii) and the performance under any such agreement or arrangement; 
 (xiv) any contribution to the
capital of the Company; 
 (xv) transactions permitted by, and complying with, Section 5.01; 

  
 94 

 (xvi) transactions between any Issuer or any Restricted Subsidiary and any
Person, a director of which is also a director of the Company or any direct or indirect parent of the Company; provided, however, that such director abstains from voting as a director of the Company or such direct or indirect parent,
as the case may be, on any matter involving such other Person; 
 (xvii) pledges of Equity Interests of Unrestricted
Subsidiaries; 
 (xviii) the formation and maintenance of any consolidated group or subgroup for tax, accounting or cash
pooling or management purposes in the ordinary course of business; 
 (xix) any employment agreements entered into by any
Issuer or any Restricted Subsidiary in the ordinary course of business; 
 (xx) (a) the entering into of any agreement (and
any amendment or modification of any such agreement so long as, in the good faith judgment of the Board of Directors of the Company, any such amendment or modification is not more disadvantageous, taken as a whole, to holders in any material respect
as compared to the agreement as in effect on the Issue Date) to pay, and the payment of, monitoring, consulting, management, transaction, advisory or similar fees payable to the Sponsors (A) in an aggregate amount in any fiscal year not to
exceed the sum of (1) the greater of $25.0 million and 1.0% of the Pro Forma EBITDA of the Issuers for the most recently ended four full fiscal quarters for which financial statements have been made available immediately preceding such
event and after giving pro forma effect thereto as if such event occurred at the beginning of such four fiscal quarters, plus reasonable out-of-pocket costs and
expenses in connection therewith and unpaid amounts accrued for prior periods (including any prior period ending prior to the Issue Date); plus (2) any deferred fees (to the extent such fees were within such amount in clause (1) above
originally), plus (B) in an aggregate amount not to exceed 1.0% of the value of transactions with respect to any transactions in which any Sponsor provides any transaction, advisory or other services, including any fee payable in connection
with the Transactions; and (b) the payment of the present value of all amounts payable pursuant to any agreement described in clause (xx)(a) in connection with the termination of such agreement; 

(xxi) payments by the Issuers or any of their Restricted Subsidiaries to any of the Sponsors made for any financial advisory,
financing, underwriting or placement services or in respect of other investment banking activities, including in connection with acquisitions or divestitures, which payments are approved by a majority of the Board of Directors of the Company in good
faith; 
 (xxii) transactions undertaken in good faith (as certified by a responsible financial or accounting officer of the
Issuers in an Officer’s Certificate) for the purpose of improving the consolidated tax efficiency of the Issuers and their Subsidiaries and not for the purpose of circumventing any covenant set forth in this Indenture; and 

  
 95 

 (xxiii) investments by the Sponsors in securities of any Issuer or any
Restricted Subsidiary (and payment of reasonable out-of-pocket expenses incurred by the Sponsors in connection therewith) so long as (i) the investment is being
generally offered to other investors on the same or more favorable terms and (ii) the investment constitutes less than 5.0% of the proposed or outstanding issue amount of such class of securities. 

SECTION 4.08 Change of Control. 

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

In the event that at the time of such Change of Control, the terms of any Bank Indebtedness restrict or prohibit the repurchase of Notes
pursuant to this Section 4.08, then within 30 days following any Change of Control, the Issuers shall: 
 (i) repay in
full all Bank Indebtedness or, if doing so will allow the purchase of Notes, offer to repay in full all Bank Indebtedness and repay the Bank Indebtedness of each lender and/or noteholder who has accepted such offer; or 

(ii) obtain the requisite consent under the agreements governing the Bank Indebtedness to permit the repurchase of the Notes as
provided for in Section 4.08(b). 
 (b) Within 30 days following any Change of Control, except to the extent that the Issuers have
exercised their right to redeem the Notes in accordance with Article III of this Indenture, the Issuers shall mail to each holder’s registered address, or deliver electronically if held by DTC, with a copy to the Trustee, a notice (a
“Change of Control Offer”) stating: 
 (i) that a Change of Control has occurred and that such holder has
the right to require the Issuers to repurchase such holder’s Notes at a repurchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, the date of repurchase (subject to the
right of holders of record on the relevant Record Date to receive interest on the relevant Interest Payment Date); 
 (ii)
the circumstances and relevant facts and financial information regarding such Change of Control; 

  
 96 

 (iii) the repurchase date (which shall be no earlier than 30 days nor later
than 60 days from the date such notice is mailed or delivered electronically), except in the case of a conditional Change of Control Offer made in advance of a Change of Control as described below (in which case the expected repurchase date will be
stated and may be based on a date relative to the closing of the transaction that is expected to result in the Change of Control and which may be tolled until the closing of such transaction); and 

(iv) the instructions determined by the Issuers, consistent with this Section 4.08, that a holder must follow in order to
have its Notes purchased. 
 (c) Holders electing to have a Note purchased shall be required to surrender the Note, with an appropriate form
duly completed, to the Issuers at the address specified in the notice at least three Business Days prior to the purchase date. The holders shall be entitled to withdraw their election if the Trustee or the Issuers receive not later than one Business
Day prior to the purchase date a facsimile transmission or letter setting forth the name of the holder, the principal amount of the Note which was delivered for purchase by the holder and a statement that such holder is withdrawing his election to
have such Note purchased. Holders whose Notes are purchased only in part shall be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered. 

(d) On the purchase date, all Notes purchased by the Issuers under this Section 4.08 shall be delivered to the Trustee for cancellation,
and the Issuers shall pay the purchase price plus accrued and unpaid interest, if any, to the holders entitled thereto. 
 (e) A
Change of Control Offer may be made in advance of a Change of Control, and conditioned upon such Change of Control, if a definitive agreement is in place for the Change of Control at the time of making of the Change of Control Offer. 

(f) Notwithstanding the foregoing provisions of this Section 4.08, the Issuers shall not be required to make a Change of Control Offer
upon a Change of Control if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture applicable to a Change of Control Offer made by the Issuers and
purchases all Notes properly tendered and not withdrawn under such Change of Control Offer. 
 (g) If holders of not less than 90% in
aggregate principal amount of the outstanding Notes validly tender and do not withdraw such Notes in a Change of Control Offer and the Issuers, or any third party making a Change of Control Offer in lieu of the Issuers as described above, purchase
all of the Notes validly tendered and not withdrawn by such holders, the Issuers or such third party will have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to
the Change of Control Offer described above, to redeem all Notes that remain outstanding following such purchase at a price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to, but excluding, the date
of redemption. 
 (h) Notes repurchased by the Issuers pursuant to a Change of Control Offer will have the status of Notes issued but not
outstanding or will be retired and canceled at the option of the Issuers. Notes purchased by a third party pursuant to the preceding clause (f)) will have the status of Notes issued and outstanding. 

  
 97 

 (i) At the time the Issuers deliver Notes to the Trustee which are to be accepted for
purchase, the Issuers shall also deliver an Officer’s Certificate stating that such Notes are to be accepted by the Issuers pursuant to and in accordance with the terms of this Section 4.08. 

A Note shall be deemed to have been accepted for purchase at the time the Trustee, directly or through an agent, mails or delivers payment
therefor to the surrendering holder. 
 (j) Prior to any Change of Control Offer, the Issuers shall deliver to the Trustee an Officer’s
Certificate stating that all conditions precedent contained herein to the right of the Issuers to make such offer have been complied with. 

(k) The Issuers shall comply, to the extent applicable, with the requirements of Section 14(e) of the Exchange Act and any other
securities laws or regulations in connection with the repurchase of Notes pursuant to this Section 4.08. To the extent that the provisions of any securities laws or regulations conflict with provisions of this Section 4.08, the Issuers
shall comply with the applicable securities laws and regulations and shall not be deemed to have breached their obligations under this Section 4.08 by virtue thereof. 

SECTION 4.09 Compliance Certificate. The Company shall deliver to the Trustee within 120 days after the end of each fiscal year of
the Company, beginning with the fiscal year ending on December 31, 2020, an Officer’s Certificate stating that, in the course of the performance by the signer of his or her duties as Officer of the Company, the signer would normally have
knowledge of any Default and whether or not the signer knows of any Default that occurred during such period. If a signer does, the certificate shall describe the Default, its status and what action the Company is taking or proposes to take with
respect thereto. Except with respect to receipt of payments of principal and interest on the Notes and any Default or Event of Default information contained in the Officer’s Certificate delivered to it pursuant to this Section 4.09, the
Trustee shall have no duty to review, ascertain or confirm the Company’s compliance with or the breach of any representation, warranty or covenant made in this Indenture. 

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

SECTION 4.11 Future Subsidiary Guarantors. The Issuers shall cause each Wholly Owned Restricted Subsidiary that is not an Excluded
Subsidiary and that guarantees or becomes a borrower under the First Lien Credit Agreement or that guarantees any other Indebtedness of either Issuer or any of the Subsidiary Guarantors to execute and deliver to the Trustee (i) a supplemental
indenture substantially in the form of Exhibit C hereto pursuant to which such Restricted Subsidiary will guarantee payment of the Notes and (ii) joinders to or new Security Documents and take all actions required by
the Security Documents to perfect the Liens created thereunder. Each Subsidiary Guarantee will be limited to an amount not to exceed the maximum amount that can be guaranteed by that Restricted Subsidiary without rendering the Subsidiary Guarantee,
as it relates to such Restricted Subsidiary, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally. Each Subsidiary Guarantee will be released in accordance
with the provisions of Section 12.01. 

  
 98 

 SECTION 4.12 Liens. 

(a) The Issuers shall not, and shall not permit any of their Restricted Subsidiaries to, directly or indirectly, create, Incur or suffer to
exist (i) any Lien (except Permitted Liens) on any asset or property of any Issuer or any Restricted Subsidiary securing Indebtedness of an Issuer or a Restricted Subsidiary or (ii) any Lien securing any First Priority Lien Obligation of
any Issuer or Subsidiary Guarantor without effectively providing that the Notes or the obligations of such Subsidiary Guarantor in respect of the Notes, as the case may be, shall be granted a second-priority security interest (subject to Permitted
Liens) upon the assets or property constituting the collateral for such First Priority Lien Obligations, except as set forth in Article XI; provided, however, that if granting such security interests requires the consent of a third
party, the Issuers shall use commercially reasonable efforts to obtain such consent with respect to the security interests for the benefit of the Collateral Agent on behalf of the holders of the Notes; provided, further,
however, that if such third party does not consent to the granting of such security interests after the use of commercially reasonable efforts, the Issuers shall not be required to provide such security interests. 

(b) For purposes of determining compliance with this Section 4.12, (i) a Lien securing an item of Indebtedness (or any portion
thereof) need not be permitted solely by reference to one category of permitted Liens (or any portion thereof) described in the definition of “Permitted Liens” but may be permitted in part under any combination thereof and (ii) in the
event that a Lien securing an item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) meets the criteria of one or more of the categories of permitted Liens (or any portion thereof) described in the definition of
“Permitted Liens,” the Issuers may, in their sole discretion, divide, classify or reclassify, or later divide, classify or reclassify (as if Incurred at such later time), such Lien securing such item of Indebtedness (or any portion
thereof) in any manner that complies with this covenant and at the time of Incurrence, division, classification, or reclassification will be entitled to only include the amount and type of such Lien or such item of Indebtedness secured by such Lien
(or any portion thereof) in one of the categories of permitted Liens (or any portion thereof) described in the definition of “Permitted Liens” and, in such event, such Lien securing such item of Indebtedness (or any portion thereof) will
be treated as being Incurred or existing pursuant to only such clause or clauses (or any portion thereof) without giving pro forma effect to such item (or portion thereof) when calculating the amount of Liens or Indebtedness (or any portion
thereof) that may be Incurred pursuant to any other clause or paragraph (or portion thereof) at such time. In addition, with respect to any revolving loan Indebtedness or commitment relating to the Incurrence of Indebtedness that is designated to be
Incurred on any date pursuant to Section 4.03(c)(3), any Lien that does or that shall secure such Indebtedness may also be designated by the Issuers or any Restricted Subsidiary to be Incurred on such date and, in such event, any related
subsequent actual Incurrence of such Lien shall be deemed for all purposes under this Indenture to be Incurred on such prior date, including for purposes of calculating usage of any “Permitted Lien” until such time as the related
Indebtedness is no longer deemed outstanding pursuant to Section 4.03(c)(3). 

  
 99 

 (c) With respect to any Lien securing Indebtedness that was permitted to secure such
Indebtedness at the time of the Incurrence of such Indebtedness, such Lien shall also be permitted to secure any Increased Amount of such Indebtedness. The “Increased Amount” of any Indebtedness shall mean any increase in the amount
of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms or in the form of
common stock of an Issuer, the payment of dividends on Preferred Stock in the form of additional shares of Preferred Stock of the same class, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness
outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness described in clause (3) of the definition of “Indebtedness.” 

SECTION 4.13 After-Acquired Collateral. If the Issuers or any Subsidiary Guarantor creates additional security interest upon any
After-Acquired Property to secure any First Priority Lien Obligations, the Issuers or such Subsidiary Guarantor shall execute and deliver such mortgages, deeds of trust, security instruments, financing statements and certificates as shall be
reasonably necessary to vest in the Collateral Agent, a perfected second-priority security interest, subject only to Permitted Liens, in such After-Acquired Property and to have such After-Acquired Property (but subject to limitations as described
in Article XI and the Security Documents and the First Lien/Second Lien Intercreditor Agreement) added to the Collateral, and thereupon all provisions of this Indenture relating to the Collateral shall be deemed to relate to such After-Acquired
Property to the same extent and with the same force and effect; provided, however, that if granting such second-priority security interest in such After-Acquired Property requires the consent of a third party, the Company shall use
commercially reasonable efforts to obtain such consent with respect to the second-priority interest for the benefit of the Collateral Agent on behalf of the holders of the Notes; provided, further, however, that if such third
party does not consent to the granting of such second-priority security interest after the use of such commercially reasonable efforts, the Issuers or such Subsidiary Guarantor, as the case may be, shall not be required to provide such security
interest. 
 SECTION 4.14 Maintenance of Office or Agency. 

(a) The Issuers shall maintain an office or agency (which may be an office of the Trustee or an affiliate of the Trustee or Registrar) where
Notes may be surrendered for registration of transfer or for exchange. The Issuers shall give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Issuers shall fail to
maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations and surrenders may be made at the Corporate Trust Office of the Trustee as set forth in Section 13.01. 

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

  
 100 

 (c) The Issuers hereby designate the Corporate Trust Office of the Trustee or its agent as
such office or agency of the Issuers in accordance with Section 2.04. 
 SECTION 4.15 Covenant Suspension. If on any date
following the Issue Date, (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture, then, beginning on such date (the occurrence of the events described
in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), and subject to the provisions of the following paragraph, the Issuers and the Restricted Subsidiaries shall not be
subject to Sections 4.03, 4.04, 4.05, 4.06, 4.07, 4.11 and 5.01(a)(iv) (collectively the “Suspended Covenants”). 
 In
the event that the Issuers and their Restricted Subsidiaries are not subject to the Suspended Covenants under this Indenture for any period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) one
or both of the Rating Agencies withdraw their Investment Grade Rating or downgrade the rating assigned to the Notes below an Investment Grade Rating, then the Issuers and their Restricted Subsidiaries will thereafter again be subject to the
Suspended Covenants under this Indenture with respect to future events. 
 The Issuers shall provide the Trustee with notice of each
Covenant Suspension Event or Reversion Date within five Business Days of the occurrence thereof. The Trustee shall have no duty to monitor or provide notice to the holders of the Notes of any such Covenant Suspension Event or Reversion Date. 

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

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

  
 101 

 ARTICLE V 

SUCCESSOR COMPANY 

SECTION 5.01 When Issuers and Subsidiary Guarantors May Merge or Transfer Assets. 

(a) The Company may not, directly or indirectly, consolidate, amalgamate or merge with or into or wind up or convert into, consummate a
Delaware LLC Division (whether or not the Company is the surviving Person), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions, to any Person
unless: 
 (i) the Company is the surviving Person or the Person formed by or surviving any such consolidation, amalgamation,
Delaware LLC Division, merger, winding up or conversion (if other than the Company) or to which such sale, assignment, transfer, lease, conveyance or other disposition will have been made is a corporation, partnership or limited liability company or
similar entity organized or existing under the laws of the United States, any state thereof, the District of Columbia, or any territory thereof (the Company or such Person, as the case may be, being herein called the “Successor
Company”); provided that in the event that the Successor Company is not a corporation, a co-obligor of the Notes is a corporation; 

(ii) the Successor Company (if other than the Company) expressly assumes all the obligations of the Company under this
Indenture and the Security Documents pursuant to supplemental indentures or other applicable documents or instruments in form reasonably satisfactory to the Trustee; 

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

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

(2) the Fixed Charge Coverage Ratio for the Successor Company and its Restricted Subsidiaries would be no less than such ratio
for the Issuers and their Restricted Subsidiaries immediately prior to such transaction; 

  
 102 

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

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

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

(b) Subject to the provisions of Section 12.02(b), none of the Co-Issuer or any Subsidiary
Guarantor shall, and the Company shall not permit the Co-Issuer or any Subsidiary Guarantor to, consolidate, amalgamate or merge with or into or wind up into, consummate a Delaware LLC Division (whether or not
the Co-Issuer or such Subsidiary Guarantor is the surviving Person), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related
transactions to, any Person unless: 
 (i) either (A) the Co-Issuer or such
Subsidiary Guarantor, as applicable, is the surviving Person or the Person formed by or surviving any such consolidation, amalgamation, Delaware LLC Division or merger (if other than the Co-Issuer or such
Subsidiary Guarantor) or to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made is a corporation (in the case of the Co-Issuer) or a company, corporation,
partnership or limited liability company or similar entity organized or existing under the laws of the United States, any state thereof, the District of Columbia, or any territory thereof (the Co-Issuer or
such Subsidiary Guarantor or such Person, as the case may be, being herein called the “Successor”), and the Successor (if other than the Co-Issuer or such Subsidiary Guarantor) expressly
assumes all the obligations of the Co-Issuer or such Subsidiary Guarantor under this Indenture, the Notes and the Security Documents or the Subsidiary Guarantee, as applicable, pursuant to a supplemental
indenture or other applicable documents or instruments in form reasonably satisfactory to the Trustee, or (B) such sale or disposition or consolidation, amalgamation or merger is not in violation of Section 4.06; and 

  
 103 

 (ii) the Successor (if other than the
Co-Issuer or such Subsidiary Guarantor) shall have delivered or caused to be delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation,
amalgamation, merger or transfer and such supplemental indenture (if any) comply with this Indenture. 
 Except as otherwise provided in
this Indenture, the Successor (if other than the Co-Issuer or such Subsidiary Guarantor) will succeed to, and be substituted for, the Co-Issuer or such Subsidiary
Guarantor under this Indenture, the Notes and the Security Documents or the Subsidiary Guarantee, as applicable, and the Co-Issuer or such Subsidiary Guarantor will automatically be released and discharged
from its obligations under this Indenture and the Notes or its Subsidiary Guarantee, as applicable. Notwithstanding the foregoing, (1) the Co-Issuer or a Subsidiary Guarantor may merge, amalgamate or
consolidate with an Affiliate incorporated solely for the purpose of reincorporating or reorganizing such Subsidiary Guarantor in a Permitted Jurisdiction or (other than the Co-Issuer) may convert into a
limited liability company, corporation, partnership or similar entity organized or existing under the laws of any Permitted Jurisdiction so long as the amount of Indebtedness of the Co-Issuer or such
Subsidiary Guarantor is not increased thereby and (2) a Subsidiary Guarantor may merge, amalgamate or consolidate with an Issuer or any Restricted Subsidiary. 

In addition, notwithstanding the foregoing, a Subsidiary Guarantor may consolidate, amalgamate or merge with or into or wind up into,
liquidate, dissolve, or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets to an Issuer or any Subsidiary Guarantor. 

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

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

(b) there is a default in the payment of principal or premium, if any, of any Note when due at its Stated Maturity, upon optional redemption,
upon required repurchase, upon declaration or otherwise, 
 (c) there is a failure by the Issuers for 120 days after receipt of written
notice given by the Trustee or the holders of not less than 30% in aggregate principal amount of the Notes then outstanding (with a copy to the Trustee) to comply with any of their obligations, covenants or agreements in Section 4.02, 

  
 104 

 (d) there is a failure by an Issuer or any Restricted Subsidiary for 60 days after written
notice given by the Trustee or the holders of not less than 30% in aggregate principal amount of the Notes then outstanding (with a copy to the Trustee) to comply with its other obligations, covenants or agreements (other than a default referred to
in clauses (a), (b) and (c) above) contained in the Notes or this Indenture, 
 (e) there is a failure by an Issuer or any Significant
Subsidiary (other than any Special Purpose Securitization Subsidiary) (or any group of Subsidiaries that together would constitute a Significant Subsidiary, other than any Special Purpose Securitization Subsidiary) to pay any Indebtedness for
borrowed money (other than Indebtedness owing to an Issuer or a Restricted Subsidiary or any Permitted Securitization Financing) within any applicable grace period after final maturity or the acceleration of any such Indebtedness by the holders
thereof because of a default, in each case, if the total amount of such Indebtedness unpaid or accelerated exceeds $100.0 million or its foreign currency equivalent, 

(f) an Issuer or any Significant Subsidiary (other than any Special Purpose Securitization Subsidiary) (or any group of Subsidiaries that
together would constitute a Significant Subsidiary, other than a Special Purpose Securitization Subsidiary) pursuant to or within the meaning of any Bankruptcy Law: 

(i) commences a voluntary case; 

(ii) consents to the entry of an order for relief against it in an involuntary case; 

(iii) consents to the appointment of a Custodian of it or for any substantial part of its property; or 

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

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

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

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

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

  
 105 

 (h) there is a failure by an Issuer or any Significant Subsidiary (other than any Special
Purpose Securitization Subsidiary) (or any group of Subsidiaries that together would constitute a Significant Subsidiary, other than any Special Purpose Securitization Subsidiary) to pay final judgments aggregating in excess of $100.0 million
or its foreign currency equivalent (net of any amounts which are covered by enforceable insurance policies issued by solvent carriers), which judgments are not discharged, waived or stayed for a period of 60 days, 

(i) the Subsidiary Guarantee of a Significant Subsidiary (or any group of Subsidiaries that together would constitute a Significant
Subsidiary) with respect to the Notes ceases to be in full force and effect (except as contemplated by the terms thereof) or an Issuer or any Subsidiary Guarantor that qualifies as a Significant Subsidiary (or any group of Subsidiaries that together
would constitute a Significant Subsidiary) denies or disaffirms its obligations under this Indenture or any Subsidiary Guarantee with respect to the Notes (except as contemplated by the terms thereof) and such Default continues for 10 days; 

(j) unless such Liens have been released in accordance with the provisions of the Security Documents or the First Lien/Second Lien
Intercreditor Agreement, the Liens in favor of the holders of the Notes with respect to all or substantially all of the Collateral cease to be valid or enforceable and such Default continues for 30 days; or 

(k) the failure by an Issuer or any Subsidiary Guarantor to comply for 60 days after notice with its other agreements contained in the
Security Documents or the First Lien/Second Lien Intercreditor Agreement except for a failure that would not be material to the noteholders and would not materially affect the value of the Collateral taken as a whole. 

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

However, a default under clauses (c), (d) or (k) above shall not constitute an Event of Default until the Trustee notifies the Issuers or
the holders of at least 30% in principal amount of outstanding Notes notify the Issuers, with a copy to the Trustee, of the default and the Issuers does not cure such default within the time specified in clauses (c), (d) or (k) hereof after
receipt of such notice. Such notice must specify the Default, demand that it be remedied and state that such notice is a “Notice of Default.” The Issuers shall deliver to the Trustee, within five Business Days after the occurrence
thereof, written notice in the form of an Officer’s Certificate of any event which is, or with the giving of notice or the lapse of time or both would become, an Event of Default, its status and what action the Issuers are taking or propose to
take with respect thereto. 
 The term “Bankruptcy Law” means the Bankruptcy Code, or any similar Federal or state law for
the relief of debtors. The term “Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 

SECTION 6.02 Acceleration. If an Event of Default (other than an Event of Default specified in Section 6.01(f) or
(g) hereof with respect to an Issuer) occurs and is continuing, the Trustee notifies the Issuers or the holders of at least 30% in principal amount of outstanding Notes (with a copy to the Trustee) by notice to the Issuers may declare the
principal 

  
 106 

 
of, premium, if any, and accrued but unpaid interest on all the Notes to be due and payable; provided, however, that so long as any Bank Indebtedness remains outstanding, no such
acceleration shall be effective until the earlier of (1) five Business Days after the giving of written notice to the Issuers and the administrative agent under the First Lien Credit Agreement and (2) the day on which any Bank Indebtedness
is accelerated. Upon such a declaration, such principal and interest shall be due and payable immediately. If an Event of Default specified in Section 6.01(f) or (g) with respect to an Issuer occurs, the principal of, premium, if any, and
interest on all the Notes will become immediately due and payable without any declaration or other act on the part of the Trustee or any holders. Under certain circumstances, the holders of a majority in principal amount of outstanding Notes may
rescind any such acceleration with respect to the Notes and its consequences. 
 In the event of any Event of Default specified in
Section 6.01(e), such Event of Default and all consequences thereof (excluding, however, any resulting payment default) shall be annulled, waived and rescinded, automatically and without any action by the Trustee or the holders of the Notes, if
within 20 days after such Event of Default arose the Issuers deliver an Officer’s Certificate to the Trustee stating that (x) the Indebtedness or guarantee that is the basis for such Event of Default has been discharged or (y) the
holders thereof have rescinded or waived the acceleration, notice or action (as the case may be) giving rise to such Event of Default or (z) the default that is the basis for such Event of Default has been cured, it being understood that in no
event shall an acceleration of the principal amount of the Notes as described above be annulled, waived or rescinded upon the happening of any such events. 

SECTION 6.03 Other Remedies. If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy at law
or in equity to collect the payment of principal of or interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture. 

The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay
or omission by the Trustee or any holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is exclusive of any other
remedy. To the extent required by law, all available remedies are cumulative. 
 SECTION 6.04 Waiver of Past Defaults. Provided
the Notes are not then due and payable by reason of a declaration of acceleration, the holders of a majority in principal amount of the Notes then outstanding by written notice to the Trustee may waive an existing Default and its consequences except
(a) a Default in the payment of the principal of or interest on a Note, (b) a Default arising from the failure to redeem or purchase any Note when required pursuant to the terms of this Indenture or (c) a Default in respect of a
provision that under Section 9.02 cannot be amended without the consent of each holder affected. When a Default is waived, it is deemed cured and the Issuers, the Trustee and the holders will be restored to their former positions and rights
under this Indenture, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 

  
 107 

 SECTION 6.05 Control by Majority. The holders of a majority in principal amount
of outstanding Notes may direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. However, the Trustee may refuse to follow any direction
that conflicts with law or this Indenture or, if the Trustee, being advised by counsel, determines that the action or proceeding so directed may not lawfully be taken or if the Trustee in good faith shall determine that the action or proceeding so
directed would involve the Trustee in personal liability or expense for which it is not adequately indemnified, or subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of any other holder or that would
involve the Trustee in personal liability. Prior to taking any action under this Indenture, the Trustee shall be entitled to indemnification satisfactory to it against all losses and expenses caused by taking or not taking such action. 

SECTION 6.06 Limitation on Suits. 

(a) Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no holder may pursue any remedy with
respect to this Indenture or the Notes unless: 
 (i) such holder has previously given the Trustee notice that an Event of
Default is continuing, 
 (ii) holders of at least 30% in principal amount of the outstanding Notes have requested the
Trustee to pursue the remedy, 
 (iii) such holders have offered the Trustee security or indemnity satisfactory to it against
any loss, liability or expense, 
 (iv) the Trustee has not complied with such request within 60 days after the receipt of
the request and the offer of security or indemnity, and 
 (v) the holders of a majority in principal amount of the
outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period. 

(b) A holder may not use this Indenture to prejudice the rights of another holder or to obtain a preference or priority over another holder.

 SECTION 6.07 Contractual Rights of the Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the
contractual right of any holder to receive payment of principal of and interest on the Notes held by such holder, on or after the respective due dates thereof, or to bring suit for the enforcement of any such payment on or after such respective
dates, shall not be impaired or affected without the consent of such holder. 
 SECTION 6.08 Collection Suit by Trustee. If an
Event of Default specified in Section 6.01(a) or (b) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Issuers or any other obligor on the Notes for the whole amount
then due and owing (together with interest on overdue principal and (to the extent lawful) on any unpaid interest at the rate provided for in the Notes) and the amounts provided for in Section 7.06. 

  
 108 

 SECTION 6.09 Trustee May File Proofs of Claim. The Trustee
may file such proofs of claim, statements of interest and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation, expenses disbursements and advances of
the Trustee (including counsel, accountants, experts or such other professionals as the Trustee deems necessary, advisable or appropriate)) and the holders allowed in any judicial proceedings relative to the Issuers, the Subsidiary Guarantors, their
creditors or their property, shall be entitled to participate as a member, voting or otherwise, of any official committee of creditors appointed in such matters and, unless prohibited by law or applicable regulations, may vote on behalf of the
holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any such judicial proceeding is hereby authorized by each holder to make payments to the Trustee and, in the event that the Trustee
shall consent to the making of such payments directly to the holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and its counsel, and any other amounts due
the Trustee under Section 7.06 Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any holder any plan of reorganization, arrangement, adjustment or composition affecting
the Notes or the rights of any holder, or to authorize the Trustee to vote in respect of the claim of any holder in any such proceeding. 

SECTION 6.10 Priorities. Subject to the terms of the Security Documents and the First Lien/Second Lien Intercreditor Agreement,
any money or property collected by the Trustee pursuant to this Article VI, all proceeds, moneys or balances of any collection or sale of Collateral realized through the exercise by the Collateral Agent of its remedies under the Security Documents,
as well as any Collateral consisting of cash at any time when remedies are being exercised under the Security Documents and any other money or property distributable in respect of the Issuers’ or any Subsidiary Guarantor’s obligations
under this Indenture or the Security Documents after an Event of Default shall be applied in the following order: 
 FIRST:
to the payment of all out-of-pocket costs and expenses incurred by the Collateral Agent in connection with any such collection or sale or otherwise in connection with
any Notes Document (as defined in the Collateral Agreement) or any of the Notes 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 under any
Notes Document on behalf of any Issuer or Subsidiary Guarantor, any other costs or expenses incurred in connection with the exercise of any right or remedy under any Notes Document, and all other fees, indemnities and other amounts owing or
reimbursable to the Collateral Agent under any Notes Document in its capacity as such and to the Trustee for amounts due hereunder; 

SECOND: to the holders for all Notes Obligations, including amounts due and unpaid on the Notes and Security Documents for
principal, premium, if any, and interest, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for principal and interest, respectively; and 

  
 109 

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

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

SECTION 6.11 Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit
against the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess
reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Article VI does not
apply to a suit by the Trustee, a suit by a holder pursuant to Section 6.07 or a suit by holders of more than 10% in principal amount of the Notes. 

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

SECTION 7.01 Duties of Trustee. 

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

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

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

  
 110 

 (ii) in the absence of willful misconduct or negligence on its part, the
Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. The Trustee shall be
under no duty to make any investigation as to any statement contained in any such instance, but may accept the same as conclusive evidence of the truth and accuracy of such statement or the correctness of such opinions. However, in the case of
certificates or opinions required by any provision hereof to be provided to it, the Trustee shall examine the form of certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or
investigate the accuracy of mathematical calculations or other facts stated therein). 
 (c) The Trustee may not be relieved from liability
for its own negligent action, its own negligent failure to act or its own willful misconduct, except that: 
 (i) this
paragraph does not limit the effect of paragraph (b) of this Section 7.01; 
 (ii) the Trustee shall not be liable
for any error of judgment made in good faith by a Trust Officer unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; 

(iii) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a
direction received by it pursuant to Section 6.05; and 
 (iv) no provision of this Indenture shall require the Trustee
to expend or risk its own funds or otherwise Incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and (c) of this
Section 7.01. 
 (e) The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in
writing with the Issuers. 
 (f) Money held in trust by the Trustee need not be segregated from other funds except to the extent required by
law. 
 (g) Every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee
shall be subject to the provisions of this Section 7.01. 
 SECTION 7.02 Rights of Trustee. 

(a) The Trustee may conclusively rely on any document believed by it to be genuine and to have been signed or presented by the proper person.
The Trustee need not investigate any fact or matter stated in the document. 

  
 111 

 (b) Before the Trustee acts or refrains from acting, it may require an Officer’s
Certificate or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officer’s Certificate or Opinion of Counsel. 

(c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent appointed with due care.

 (d) The Trustee shall not be responsible or liable for any action it takes or omits to take in good faith which it believes to be
authorized or within its rights or powers; provided, however, that the Trustee’s conduct does not constitute willful misconduct or negligence. 

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

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

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

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

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

  
 112 

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

SECTION 7.03 Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of
Notes and may otherwise deal with the Issuers or their Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent or Registrar may do the same with like rights. However, the Trustee must comply with Sections 7.09 and
7.10. 
 SECTION 7.04 Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no
representation as to the validity or adequacy of this Indenture, the Subsidiary Guarantees or the Notes, it shall not be accountable for the Issuers’ use of the proceeds from the Notes, and it shall not be responsible for any statement of the
Issuers or any Subsidiary Guarantor in this Indenture or in any document issued in connection with the sale of the Notes or in the Notes other than the Trustee’s certificate of authentication. The Trustee shall not be charged with knowledge of
any Default or Event of Default under Sections 6.01(c), (d), (e), (f), (g), (h), (i), (j) or (k) or of the identity of any Significant Subsidiary unless either (a) a Trust Officer shall have actual knowledge thereof or (b) the
Trustee shall have received written notice thereof in accordance with Section 13.01 hereof from the Issuers, any Subsidiary Guarantor or any holder. In accepting the trust hereby created, the Trustee acts solely as Trustee under this

  
 113 

 
Indenture and not in its individual capacity and all persons, including without limitation the holders of Notes and the Issuers having any claim against the Trustee arising from this Indenture
shall look only to the funds and accounts held by the Trustee hereunder for payment except as otherwise provided herein. 

SECTION 7.05 Notice of Defaults. If a Default occurs and is continuing and is actually known to a Trust Officer of the Trustee,
the Trustee shall mail, or deliver electronically if held by DTC, to each holder of the Notes notice of the Default within the earlier of 90 days after it occurs or 30 days after it is actually known to a Trust Officer or written notice of it is
received by the Trustee. Except in the case of a Default in the payment of principal of, premium (if any) or interest on any Note, the Trustee may withhold notice if and so long as a committee of its Trust Officers in good faith determines that
withholding notice is in the interests of the noteholders. The Issuers are required to deliver to the Trustee, annually, a certificate indicating whether the signers thereof know of any Default that occurred during the previous year. The Issuers
also are required to deliver to the Trustee, within 30 days after the occurrence thereof, written notice of any event which would constitute certain Defaults, their status and what action the Issuers are taking or propose to take in respect thereof.

 SECTION 7.06 Compensation and Indemnity. The Issuers shall pay to the Trustee from time to time compensation for the
Trustee’s acceptance of this Indenture and its services hereunder. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Issuers shall reimburse the Trustee upon request for all
reasonable documented out-of-pocket expenses Incurred or made by it, including costs of collection, in addition to the compensation for its services. Such expenses shall
include the reasonable compensation and expenses, disbursements and advances of the Trustee’s agents, counsel, accountants and experts. The Issuers and the Subsidiary Guarantors, jointly and severally, shall indemnify the Trustee or any
predecessor Trustee and their directors, officers, employees and agents against any and all loss, liability, claim, damage or expense (including reasonable attorneys’ fees and expenses and including taxes (other than taxes based upon, measured
by or determined by the income of the Trustee) Incurred by or in connection with the acceptance or administration of this trust and the performance of its duties hereunder, including the costs and expenses of enforcing this Indenture or Subsidiary
Guarantee against any Issuer or any Subsidiary Guarantor (including this Section 7.06) and defending itself against or investigating any claim (whether asserted by any Issuer, any Subsidiary Guarantor, any holder or any other Person). The
obligation to pay such amounts shall survive the payment in full or defeasance of the Notes or the removal or resignation of the Trustee. The Trustee shall notify the Issuers of any claim for which it may seek indemnity promptly upon obtaining
actual knowledge thereof; provided, however, that any failure so to notify the Issuers shall not relieve any Issuer or any Subsidiary Guarantor of its indemnity obligations hereunder. The Issuers shall defend the claim and the
indemnified party shall provide reasonable cooperation at the Issuers’ expense in the defense. Such indemnified parties may have separate counsel and the Issuers and such Subsidiary Guarantor, as applicable, shall pay the fees and expenses of
such counsel; provided, however, that the Issuers shall not be required to pay such fees and expenses if they assume such indemnified parties’ defense and, in such indemnified parties’ reasonable judgment, there is no actual
or potential conflict of interest between the Issuers and the Subsidiary Guarantors, as applicable, and such parties in connection with such defense. The Issuers need not reimburse any expense or indemnify against any loss, liability or expense
Incurred by an indemnified party through such party’s own willful misconduct or negligence. 

  
 114 

 To secure the Issuers’ and the Subsidiary Guarantors’ payment obligations in this
Section 7.06, the Trustee shall have a Lien prior to the Notes on all money or property held or collected by the Trustee other than money or property held in trust to pay principal of and interest on particular Notes. 

The Issuers’ and the Subsidiary Guarantors’ payment obligations pursuant to this Section 7.06 shall survive the satisfaction or
discharge of this Indenture, any rejection or termination of this Indenture under any bankruptcy law or the resignation or removal of the Trustee. Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee
Incurs expenses after the occurrence of a Default specified in Section 6.01(f) or (g) with respect to the Issuers, the expenses are intended to constitute expenses of administration under the Bankruptcy Law. 

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

SECTION 7.07 Replacement of Trustee. 

(a) The Trustee may resign at any time by so notifying the Issuers. The holders of a majority in principal amount of the Notes may remove the
Trustee by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if: 
 (i) the
Trustee fails to comply with Section 7.09; 
 (ii) the Trustee is adjudged bankrupt or insolvent; 

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

(iv) the Trustee otherwise becomes incapable of acting. 

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

 (c) A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Issuers. Thereupon the
resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a notice of its succession to the
holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.06. 

  
 115 

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

(e) If the Trustee fails to comply with Section 7.09, unless the Trustee’s duty to resign is stayed as provided in
Section 310(b) of the TIA, any holder who has been a bona fide holder of a Note for at least six months may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 

(f) Notwithstanding the replacement of the Trustee pursuant to this Section, the Issuers’ obligations under Section 7.06 shall
continue for the benefit of the retiring Trustee. 
 SECTION 7.08 Successor Trustee by Merger. If the Trustee consolidates with,
merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act
shall be the successor Trustee. 
 In case at the time such successor or successors by merger, conversion or consolidation to the Trustee
shall succeed to the trusts created by this Indenture any of the Notes shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Notes
so authenticated; and in case at that time any of the Notes shall not have been authenticated, any successor to the Trustee may authenticate such Notes either in the name of any predecessor hereunder or in the name of the successor to the Trustee;
and in all such cases such certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.09 Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Section 310(a) of the
TIA. The Trustee shall have a combined capital and surplus of at least $50.0 million as set forth in its most recent published annual report of condition. The Trustee shall comply with Section 310(b) of the TIA, subject to its right to
apply for a stay of its duty to resign under the penultimate paragraph of Section 310(b) of the TIA; provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the TIA any series of securities
issued under this Indenture and any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Issuers are outstanding if the requirements for such exclusion set forth in
Section 310(b)(1) of the TIA are met. 
 SECTION 7.10 Preferential Collection of Claims Against the Issuers. The
Trustee shall comply with Section 311(a) of the TIA, excluding any creditor relationship listed in Section 311(b) of the TIA. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the TIA to the extent
indicated. 
 SECTION 7.11 Limitation on Duty of Trustee in Respect of Collateral; Indemnification. 

  
 116 

 (a) Beyond the exercise of reasonable care in the custody thereof, the Trustee shall have no
duty as to any Collateral in its possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights against prior parties or any other rights pertaining thereto and the Trustee shall
not be responsible for filing any financing or continuation statements or recording any documents or instruments in any public office at any time or times or otherwise perfecting or maintaining the perfection of any security interest in the
Collateral. The Trustee shall be deemed to have exercised reasonable care in the custody of the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which it accords its own property and shall not be
liable or responsible for any loss or diminution in the value of any of the Collateral, by reason of the act or omission of any carrier, forwarding agency or other agent or bailee selected by the Trustee in good faith. 

(b) The Trustee shall not be responsible for the existence, genuineness or value of any of the Collateral or for the validity, perfection,
priority or enforceability of the Liens in any of the Collateral, whether impaired by operation of law or by reason of any action or omission to act on its part hereunder, except to the extent such action or omission constitutes negligence, bad
faith or willful misconduct on the part of the Trustee, for the validity or sufficiency of the Collateral or any agreement or assignment contained therein, for the validity of the title of the Company to the Collateral, for insuring the Collateral
or for the payment of taxes, charges, assessments or Liens upon the Collateral or otherwise as to the maintenance of the Collateral. The Trustee shall have no duty to ascertain or inquire as to the performance or observance of any of the terms of
this Indenture, the Collateral Agreement or any other Security Document by the Issuers or the Subsidiary Guarantors. 
 ARTICLE VIII

 DISCHARGE OF INDENTURE; DEFEASANCE 

SECTION 8.01 Discharge of Liability on Notes; Defeasance. 

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

(i) either (A) all the Notes theretofore authenticated and delivered (except lost, stolen or destroyed Notes which have
been replaced or paid and Notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Issuers and thereafter repaid to the Issuers or discharged from such trust) have been delivered to the Trustee for
cancellation or (B) all of the Notes not delivered to the Trustee for cancellation (1) have become due and payable, (2) will become due and payable at their stated maturity within one year or (3) if redeemable at the option of
the Issuers, are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Issuers, and the Issuers have irrevocably
deposited or caused to be 

  
 117 

 
deposited with the Trustee funds in an amount sufficient to pay and discharge the entire Indebtedness on the Notes not theretofore delivered to the Trustee for cancellation, for principal of,
premium, if any, and interest on the Notes to the date of deposit (in the case of Notes that have become due and payable) or to the date of maturity or redemption, as applicable, together with irrevocable instructions from the Issuers directing the
Trustee to apply such funds to the payment thereof at maturity or redemption, as the case may be; provided that upon any redemption that requires the payment of the Applicable Premium, the amount deposited shall be sufficient for purposes of
this Indenture to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the notice of redemption, with any deficit as of the date of the redemption only required to be deposited with the
Trustee on or prior to the date of the redemption; 
 (ii) the Issuers and/or the Subsidiary Guarantors have paid all other
sums payable under this Indenture; and 
 (iii) the Issuers have delivered to the Trustee an Officer’s Certificate and
an Opinion of Counsel stating that all conditions precedent under this Indenture relating to the satisfaction and discharge of this Indenture have been complied with. 

(b) Subject to Sections 8.01(c) and 8.02, the Issuers at any time may terminate (i) all of their obligations under the Notes and
this Indenture with respect to the holders of the Notes (“legal defeasance option”), and (ii) their obligations under Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07, 4.08, 4.09, 4.11, 4.12, and 4.15 and the operation of
Section 5.01 for the benefit of the holders of the Notes, and Sections 6.01(c), 6.01(d), 6.01(e), 6.01(f), 6.01(g) with respect to Significant Subsidiaries only), 6.01(h), 6.01(i), Section 6.01(j) and Section 6.01(k)
(“covenant defeasance option”). The Issuers may exercise their legal defeasance option notwithstanding their prior exercise of their covenant defeasance option. In the event that the Issuers terminate all of their obligations under
the Notes and this Indenture (with respect to such Notes) by exercising their legal defeasance option or their covenant defeasance option, the obligations of each Subsidiary Guarantor with respect to its Subsidiary Guarantee and the Security
Documents shall terminate. 
 If the Issuers exercise their legal defeasance option, payment of the Notes so defeased may not be accelerated
because of an Event of Default. If the Issuers exercise their covenant defeasance option, payment of the Notes so defeased may not be accelerated because of an Event of Default specified in Sections 6.01(c), 6.01(d), 6.01(e), 6.01(f), 6.01(g),
with respect to Significant Subsidiaries only), 6.01(h), 6.01(i) Section 6.01(j) and Section 6.01(k) or because of the failure of the Issuers to comply with Section 5.01(a)(iv). 

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

  
 118 

 (c) Notwithstanding clauses (a) and (b) above, the Issuers’ obligations in
Sections 2.04, 2.05, 2.06, 2.07, 2.08 and 2.09 and Article VII, including, without limitation, Sections 7.06 and 7.07 and in this Article VIII and the rights and immunities of the Trustee under this Indenture shall survive until the Notes have
been paid in full. Thereafter, the Issuers’ obligations in Sections 7.06, 7.07, 8.05 and 8.06 and the rights and immunities of the Trustee under this Indenture shall survive such satisfaction and discharge. 

SECTION 8.02 Conditions to Defeasance. 

(a) The Issuers may exercise their legal defeasance option or their covenant defeasance option only if: 

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

(ii) the Issuers deliver to the Trustee a certificate from a nationally recognized firm of independent accountants expressing
their opinion that the payments of principal and interest when due and without reinvestment on the deposited U.S. Government Obligations plus any deposited money without investment will provide cash at such times and in such amounts as will
be sufficient to pay principal, premium, if any, and interest when due on all the Notes to maturity or redemption, as the case may be; 

(iii) no Default specified in Section 6.01(f) or (g) with respect to the Issuers shall have occurred or is continuing
on the date of such deposit; 
 (iv) the deposit does not constitute a default under any other material agreement or
instrument binding on the Issuers; 
 (v) in the case of the legal defeasance option, the Issuers shall have delivered to the
Trustee an Opinion of Counsel stating that (1) the Issuers have received from, or there has been published by, the Internal Revenue Service a ruling, or (2) since the date of this Indenture there has been a change in the applicable U.S.
federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such deposit and
defeasance and will be subject to U.S. federal income tax on the same amounts and in the same manner and at the same times as would have been the case if such deposit and defeasance had not occurred; provided that upon any redemption that
requires the payment of the Applicable Premium, the amount deposited shall be sufficient for purposes of this Indenture to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the
notice of redemption, with any deficit as of the date of the redemption only required to be deposited with the Trustee on or prior to the date of the redemption. Notwithstanding the foregoing, the Opinion of Counsel required by the immediately
preceding sentence with respect to a legal defeasance need not be delivered if all of the Notes not theretofore delivered to the Trustee for cancellation (x) have become due and payable or (y) will become due and payable at their Stated
Maturity within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Issuers; 

  
 119 

 (vi) such exercise does not impair the contractual right of any holder to
receive payment of principal of, premium, if any, and interest on such holder’s Notes on or after the due dates therefore or to institute suit for the enforcement of any payment on or with respect to such holder’s Notes; 

(vii) in the case of the covenant defeasance option, the Issuers shall have delivered to the Trustee an Opinion of Counsel to
the effect that the holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such deposit and defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the
same times as would have been the case if such deposit and defeasance had not occurred; and 
 (viii) the Issuers deliver to
the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent to the defeasance and discharge of the Notes to be so defeased and discharged as contemplated by this Article VIII have been complied
with. 
 (b) Before or after a deposit, the Issuers may make arrangements satisfactory to the Trustee for the redemption of such Notes at a
future date in accordance with Article III. 
 SECTION 8.03 Application of Trust Money. The Trustee shall hold in trust money or
U.S. Government Obligations (including proceeds thereof) deposited with it pursuant to this Article VIII. The Trustee shall apply the deposited money and the money from U.S. Government Obligations through each Paying Agent and in accordance with
this Indenture to the payment of principal of and interest on the Notes so discharged or defeased. 
 SECTION 8.04 Repayment to
Issuers. Each of the Trustee and each Paying Agent shall promptly turn over to the Issuers upon request any money or U.S. Government Obligations held by it as provided in this Article VIII that, in the written opinion of a nationally
recognized firm of independent public accountants delivered to the Trustee (which delivery shall only be required if U.S. Government Obligations have been so deposited), are in excess of the amount thereof that would then be required to be deposited
to effect an equivalent discharge or defeasance in accordance with this Article VIII. 
 Subject to any applicable abandoned property law,
the Trustee and each Paying Agent shall pay to the Issuers upon written request any money held by them for the payment of principal or interest that remains unclaimed for two years, and, thereafter, holders entitled to the money must look to the
Issuers for payment as general creditors, and the Trustee and each Paying Agent shall have no further liability with respect to such monies. 

SECTION 8.05 Indemnity for U.S. Government Obligations. The Issuers shall pay and shall indemnify the Trustee against any tax, fee
or other charge imposed on or assessed against deposited U.S. Government Obligations or the principal and interest received on such U.S. Government Obligations. 

  
 120 

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

ARTICLE IX 
 AMENDMENTS
AND WAIVERS 
 SECTION 9.01 Without Consent of the Holders. 

(a) The Issuers, the Trustee and/or the Collateral Agent may amend this Indenture, the Notes, the Subsidiary Guarantees, the Security
Documents or the First Lien/Second Lien Intercreditor Agreement without notice to or the consent of any holder: 
 (i) to
cure any ambiguity, omission, mistake, defect or inconsistency; 
 (ii) to provide for the assumption by a Successor Company
(with respect to an Issuer) of the obligations of an Issuer under this Indenture, the Notes, the Security Documents and the First Lien/Second Lien Intercreditor Agreement; 

(iii) to provide for the assumption by a Successor Subsidiary Guarantor (with respect to any Subsidiary Guarantor), as the case
may be, of the obligations of a Subsidiary Guarantor under this Indenture, the Notes, its Subsidiary Guarantee, the Security Documents and the First Lien/Second Lien Intercreditor Agreement; 

(iv) to provide for uncertificated Notes in addition to or in place of certificated Notes, provided, however,
that the uncertificated Notes are issued in registered form for purposes of Section 163(f) of the Code, or in a manner such that the uncertificated Notes are described in Section 163(f)(2)(B) of the Code; 

(v) to conform the text of this Indenture, the Notes, the Subsidiary Guarantees, the Security Documents or the First
Lien/Second Lien Intercreditor Agreement to any provision of the “Description of Notes” in the Offering Memorandum to the extent that such provision in this Indenture, the Notes, the Subsidiary Guarantees, the Security Documents or the
First Lien/Second Lien Intercreditor Agreement was intended by the Issuers to be a verbatim recitation of a provision in the “Description of Notes” in the Offering Memorandum, as stated in an Officer’s Certificate; 

(vi) to add a Subsidiary Guarantee or collateral with respect to the Notes, 

  
 121 

 (vii) to release or subordinate Collateral as not prohibited by this
Indenture, the Security Documents or the First Lien/Second Lien Intercreditor Agreement or to add additional secured creditors holding First Priority Lien Obligations, Other Second Lien Obligations or Junior Lien Obligations so long as such
obligations are not prohibited by this Indenture or the Security Documents; 
 (viii) to add to the covenants of the Issuers
for the benefit of the holders or to surrender any right or power herein conferred upon the Issuers; 
 (ix) to make any
change that would provide any additional rights or benefits to the holders or that does not adversely affect the rights of any holder in any material respect (as determined in good faith by the Issuers); 

(x) to make changes to provide for the issuance of Additional Notes, which shall have terms substantially identical in all
material respects to the Initial Notes, and which shall be treated, together with any outstanding Initial Notes, as a single issue of securities; or 

(xi) to comply with any requirement of the SEC in connection with the qualification of this Indenture under the TIA (if the
Issuers elect to qualify this Indenture under the TIA); 
 (xii) effect any provision of this Indenture; and 

(xiii) to add provisions to this Indenture and a new form of note to permit the issuance by the Issuers or a Subsidiary thereof
of escrow notes under this Indenture, which may have different terms than other Notes issued under this Indenture so long as the proceeds of such notes remain in escrow (including, but not limited to, collateral, different or no guarantees and
redemption provisions). 
 (b) After an amendment under this Section 9.01 becomes effective, the Issuers shall mail, or otherwise
deliver in accordance with the procedures of the Depository, to the holders a notice briefly describing such amendment. The failure to give such notice to all holders, or any defect therein, shall not impair or affect the validity of an amendment
under this Section 9.01. 
 SECTION 9.02 With Consent of the Holders. The Issuers, the Trustee and/or the Collateral Agent
may amend this Indenture, the Notes, the Subsidiary Guarantees, the Security Documents and the First Lien/Second Lien Intercreditor Agreement with the consent of the Issuers and the holders of at least a majority in principal amount of the Notes
then outstanding voting as a single class and any past default or compliance with any provisions hereof may be waived with the consent of the holders of at least majority in principal amount of the Notes then outstanding voting as a single class
(including consents obtained in connection with a tender offer or exchange for the Notes). However, without the consent of each holder of an outstanding Note affected, no amendment may: 

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

  
 122 

 (2) reduce the rate of or extend the time for payment of interest on any
Note, 
 (3) reduce the principal of or change the Stated Maturity of any Note, 

(4) reduce the premium payable upon the redemption of any Note or change the dates on which any such premium is payable upon
redemption in accordance with Article III, 
 (5) make any Note payable in money other than that stated in such Note, 

(6) expressly subordinate the Notes or any Subsidiary Guarantee to any other Indebtedness of the Issuers or any Subsidiary
Guarantor, 
 (7) impair the contractual right of any holder to receive payment of principal of, premium, if any, and
interest on such holder’s Notes on or after the due dates thereof or to institute suit for the enforcement of any payment on or with respect to such holder’s Note, 

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

(9) make any change to the provisions of this Indenture, the First Lien/Second Lien Intercreditor Agreement or the Security
Documents with respect to the pro rata application of proceeds of Collateral in respect of the Notes that results in the application of such proceeds in respect of the Notes on a less than pro rata basis to the holder of any Note. 

Except as expressly provided by this Indenture, the Security Documents or the First Lien/Second Lien Intercreditor Agreement, without the
consent of the holders of at least 66.67% in aggregate principal amount of the Notes then outstanding, no amendment or waiver may release all or substantially all of the Collateral from the Lien of this Indenture and the Security Documents with
respect to the Notes. 
 It shall not be necessary for the consent of the holders under this Section 9.02 to approve the particular
form of any proposed amendment, but it shall be sufficient if such consent approves the substance thereof. 
 After an amendment under this
Section 9.02 becomes effective, the Issuers shall mail, or otherwise deliver in accordance with the procedures of the Depository, to the holders a notice briefly describing such amendment. The failure to give such notice to all holders, or any
defect therein, shall not impair or affect the validity of an amendment under this Section 9.02. 
 SECTION 9.03 Revocation and
Effect of Consents and Waivers. 
 (a) A consent to an amendment or a waiver by a holder of a Note shall bind the holder and every
subsequent holder of that Note or portion of the Note that evidences the same debt as the consenting holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such holder or subsequent holder may revoke the
consent or waiver 

  
 123 

 
as to such holder’s Note or portion of the Note if the Trustee receives the notice of revocation before the date on which the Trustee receives an Officer’s Certificate from the Issuers
certifying that the requisite principal amount of Notes have consented. After an amendment or waiver becomes effective, it shall bind every holder. An amendment or waiver becomes effective upon the (i) receipt by the Issuers or the Trustee of
consents by the holders of the requisite principal amount of securities, (ii) satisfaction of conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and
(iii) execution of such amendment or waiver (or supplemental indenture) by the Issuers and the Trustee. 
 (b) The Issuers may, but
shall not be obligated to, fix a record date for the purpose of determining the holders entitled to give their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is
fixed, then notwithstanding the immediately preceding paragraph, those Persons who were holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent
previously given or to take any such action, whether or not such Persons continue to be holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 

SECTION 9.04 Notation on or Exchange of Notes. If an amendment, supplement or waiver changes the terms of a Note, the Issuers may
require the holder of the Note to deliver it to the Trustee. The Trustee may place an appropriate notation on the Note regarding the changed terms and return it to the holder. Alternatively, if the Issuers or the Trustee so determine, the Issuers in
exchange for the Note shall issue and, upon written order of the Issuers signed by an Officer, the Trustee shall authenticate a new Note that reflects the changed terms. Failure to make the appropriate notation or to issue a new Note shall not
affect the validity of such amendment, supplement or waiver. 
 SECTION 9.05 Trustee to Sign Amendments. The Trustee shall sign
any amendment, supplement or waiver authorized pursuant to this Article IX if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may but need not sign it. In signing such
amendment, the Trustee shall be entitled to receive indemnity satisfactory to it and shall be provided with, and (subject to Section 7.01) shall be fully protected in relying upon, (i) an Officer’s Certificate stating that such
amendment, supplement or waiver is permitted by this Indenture and that any conditions precedent provided for in this Indenture have been satisfied, (ii) an Opinion of Counsel stating that such amendment, supplement or waiver is authorized or
permitted by this Indenture and that such amendment, supplement or waiver is the legal, valid and binding obligation of the Issuers, enforceable against them in accordance with its terms, subject to customary exceptions, and complies with the
provisions hereof, (iii) a copy of the resolution of the Board of Directors of the Issuers, certified by the Secretary or Assistant Secretary of the Issuers, authorizing the execution of such amendment, supplement or waiver and (iv) if
such amendment, supplement or waiver is executed pursuant to Section 9.02, evidence reasonably satisfactory to the Trustee of the consent of the holders required to consent thereto. Notwithstanding the foregoing or anything in this Indenture to
the contrary, no Opinion of Counsel shall be required for the Trustee to execute any supplemental indenture adding a new Subsidiary Guarantor under this Indenture. 

  
 124 

 SECTION 9.06 Additional Voting Terms; Calculation of Principal Amount. All Notes
issued under this Indenture shall vote and consent together on all matters (as to which any of such Notes may vote) as one class and no Notes will have the right to vote or consent as a separate class on any matter. Determinations as to whether
holders of the requisite aggregate principal amount of Notes have concurred in any direction, waiver or consent shall be made in accordance with this Article IX and Section 2.13. 

ARTICLE X 
 RANKING OF
NOTE LIENS 
 SECTION 10.01 Relative Rights. The First Lien/Second Lien Intercreditor Agreement defines the relative rights,
as lienholders, of holders of Liens securing First Priority Lien Obligations and holders of Liens securing Second Priority Lien Obligations. Nothing in this Indenture or the First Lien/Second Lien Intercreditor Agreement will: 

(a) impair, as between the Issuers and holders of Notes, the obligation of the Issuers, which is absolute and unconditional, to pay principal
of, premium and interest on Notes in accordance with their terms or to perform any other obligation of the Issuers or any other obligor under this Indenture, the Notes, the Subsidiary Guarantees and the Security Documents; 

(b) restrict the right of any holder to sue for payments that are then due and owing, in a manner not inconsistent with the provisions of the
First Lien/Second Lien Intercreditor Agreement; 
 (c) prevent the Trustee, the Collateral Agent or any holder from exercising against the
Issuers or any other obligor any of its other available remedies upon a Default or Event of Default (other than its rights as a secured party, which are subject to the First Lien/ Second Lien Intercreditor Agreement); or 

(d) restrict the right of the Trustee, the Collateral Agent or any holder: 

(1) to file and prosecute a petition seeking an order for relief in an involuntary bankruptcy case as to any obligor or
otherwise to commence, or seek relief commencing, any insolvency or liquidation proceeding involuntarily against any obligor; 

(2) to make, support or oppose any request for an order for dismissal, abstention or conversion in any insolvency or
liquidation proceeding; 
 (3) to make, support or oppose, in any insolvency or liquidation proceeding, any request for an
order extending or terminating any period during which the debtor (or any other Person) has the exclusive right to propose a plan of reorganization or other dispositive restructuring or liquidation plan therein; 

(4) to seek the creation of, or appointment to, any official committee representing creditors (or certain of the creditors) in
any insolvency or liquidation proceedings and, if appointed, to serve and act as a member of such committee without being in any respect restricted or bound by, or liable for, any of the obligations under this Article X; 

  
 125 

 (5) to seek or object to the appointment of any professional person to serve
in any capacity in any insolvency or liquidation proceeding or to support or object to any request for compensation made by any professional person or others therein; 

(6) to make, support or oppose any request for order appointing a trustee or examiner in any insolvency or liquidation
proceedings; or 
 (7) otherwise to make, support or oppose any request for relief in any insolvency or liquidation
proceeding that it is permitted by law to make, support or oppose if it were a holder of unsecured claims; or (x) as to any matter relating to any plan of reorganization or other (y) restructuring or liquidation plan or as to any matter
relating to the administration of the estate or the disposition of the case or proceeding (in each case except as set forth in the First Lien/Second Lien Intercreditor Agreement). 

ARTICLE XI 
 COLLATERAL

 SECTION 11.01 Security Documents. The payment of the principal of and interest and premium, if any, on the Notes when
due, whether on an Interest Payment Date, at maturity, by acceleration, repurchase, redemption or otherwise and whether by the Issuers pursuant to the Notes or by the Subsidiary Guarantors pursuant to the Subsidiary Guarantees, the payment of all
other Notes Obligations and the performance of all other obligations of the Issuers and the Subsidiary Guarantors under this Indenture, the Notes, the Subsidiary Guarantees and the Security Documents shall be secured as provided in the Security
Documents as required or permitted by this Indenture, the Security Documents or the First Lien/Second Lien Intercreditor Agreement. The Issuers shall, and shall cause each Restricted Subsidiary to, and each Restricted Subsidiary shall, make all
filings (including filings of continuation statements and amendments to UCC financing statements that may be necessary to continue the effectiveness of such UCC financing statements) and take all other actions as are necessary or required by the
Security Documents to maintain (at the sole cost and expense of the Issuers and the Restricted Subsidiaries) the security interest created by the Security Documents in the Collateral (other than with respect to any Collateral the security interest
in which is not required to be perfected under the Security Documents) as a perfected security interest subject only to Permitted Liens and Liens permitted by Section 4.12(b). 

SECTION 11.02 Collateral Agent. (a) The Collateral Agent is authorized and empowered to appoint one or more co-Collateral Agents as it deems necessary or appropriate. 
 (b) Subject to Section 7.01, neither
the Trustee nor the Collateral Agent nor any of their respective officers, directors, employees, attorneys or agents will be responsible or liable for the existence, genuineness, value or protection of any Collateral, for the legality,
enforceability, effectiveness or sufficiency of the Security Documents, for the creation, 

  
 126 

 
perfection, priority, sufficiency or protection of any Lien securing the Notes Obligations, or for any defect or deficiency as to any such matters, or for any failure to demand, collect,
foreclose or realize upon or otherwise enforce any of the Liens securing the Notes Obligations or the Security Documents or any delay in doing so. 

(c) The Collateral Agent will be subject to such directions as may be given it by the Trustee from time to time (as required or permitted by
this Indenture); provided that in the event of conflict between directions received pursuant to the First Lien/Second Lien Intercreditor Agreement and directions received hereunder, the Collateral Agent will be subject to directions received
pursuant to the First Lien/Second Lien Intercreditor Agreement. Except as directed by the Trustee as required or permitted by this Indenture and any other representatives or pursuant to the Security Documents, the Collateral Agent will not be
obligated: 
 (1) to act upon directions purported to be delivered to it by any other Person; 

(2) to foreclose upon or otherwise enforce any Lien securing the Notes Obligations; or 

(3) to take any other action whatsoever with regard to any or all of the Liens securing the Notes Obligations, Security
Documents or Collateral. 
 (d) The Collateral Agent will be accountable only for amounts that it actually receives as a result of the
enforcement of the Liens securing the Notes Obligations or the Security Documents. 
 (e) In acting as Collateral Agent or co-Collateral Agent, the Collateral Agent and each co-Collateral Agent may rely upon and enforce each and all of the rights, powers, immunities, indemnities and benefits of
the Trustee under Article VII hereof. 
 (f) The holders of Notes agree that the Collateral Agent shall be entitled to the rights,
privileges, protections, immunities, indemnities and benefits provided to the Collateral Agent by the Security Documents. Furthermore, each holder of a Note, by accepting such Note, consents to the terms of and authorizes and directs the Trustee (in
each of its capacities) and the Collateral Agent to enter into and perform each of the First Lien/Second Lien Intercreditor Agreement and Security Documents in each of its capacities thereunder. 

(g) If an Issuer (i) Incurs First Priority Lien Obligations not prohibited by this Indenture at any time when no intercreditor agreement
is in effect or at any time when Indebtedness constituting the First Priority Lien Obligations entitled to the benefit of the First Lien/Second Lien Intercreditor Agreement is concurrently retired, and (ii) delivers to the Collateral Agent an
Officer’s Certificate so stating that the Incurrence of such First Priority Lien Obligations is not prohibited by this Indenture and requesting the Collateral Agent to enter into an intercreditor agreement (on substantially the same terms as
the First Lien/Second Lien Intercreditor Agreement) in favor of a designated agent or representative for the holders of the First Priority Lien Obligations so Incurred, the Collateral Agent shall (and is hereby authorized and directed to) enter into
such intercreditor agreement, bind the holders on the terms set forth therein and perform and observe its obligations thereunder. 

  
 127 

 (h) At all times when the Trustee is not itself the Collateral Agent, the Issuers will
deliver to the Trustee copies of all Security Documents delivered to the Collateral Agent and copies of all documents delivered to the Collateral Agent pursuant to this Indenture and the Security Documents. 

(i) If the Issuers Incur any Junior Lien Obligations or Other Second Lien Obligations and deliver to the Collateral Agent and/or the Trustee,
as applicable, an Officer’s Certificate requesting the Collateral Agent and/or the Trustee, as applicable, to enter into a customary intercreditor agreement with a designated agent or representative for the holders of the Junior Lien
Obligations or, subject to Section 5.17(b) of the Collateral Agreement, Other Second Lien Obligations, as applicable, so Incurred, the Collateral Agent and/or the Trustee, as applicable, shall (and each is hereby authorized and directed to)
enter into such customary intercreditor agreement, bind the holders on the terms set forth therein and perform and observe its obligations thereunder. 

SECTION 11.03 Appointment and Authorization of Actions to Be Taken. (a) Each holder of Notes, by its acceptance thereof,
appoints the Collateral Agent as its collateral agent hereunder and under the Security Documents, consents and agrees to the terms of each Security Document and the First Lien/Second Lien Intercreditor Agreement as originally in effect and as
amended, supplemented or replaced from time to time in accordance with its terms or the terms of this Indenture, authorizes and directs the Trustee and/or the Collateral Agent to enter into the Security Documents to which it is a party and the First
Lien/Second Lien Intercreditor Agreement, authorizes and empowers the Trustee to direct the Collateral Agent to enter into, and the Collateral Agent to execute and deliver, the Security Documents to which it is a party and the First Lien/Second Lien
Intercreditor Agreement and authorizes and empowers the Trustee and the Collateral Agent to bind the holders of Notes as set forth in the Security Documents to which it is a party and the First Lien/Second Lien Intercreditor Agreement and to perform
its obligations and exercise its rights and powers thereunder. 
 (b) The Collateral Agent and the Trustee are authorized and empowered to
receive for the benefit of the holders of Notes any funds collected or distributed under the Security Documents or the First Lien/Second Lien Intercreditor Agreement to which the Collateral Agent or the Trustee is a party and to make further
distributions of such funds to the holders of Notes according to the provisions of this Indenture, the Security Documents and the First Lien/Second Lien Intercreditor Agreement. 

(c) Subject to the provisions of Article VI, Section 7.01 and Section 7.02 hereof, the First Lien/Second Lien Intercreditor
Agreement and the Security Documents, upon the occurrence and continuance of an Event of Default, the Trustee may, in its sole discretion and without the consent of the holders, direct, on behalf of the holders, the Collateral Agent to take all
actions it deems necessary or appropriate in order to: 
 (1) foreclose upon or otherwise enforce any or all of the Liens
securing the Notes Obligations; 

  
 128 

 (2) enforce any of the terms of the Security Documents and the First
Lien/Second Lien Intercreditor Agreement to which the Collateral Agent or Trustee is a party; or 
 (3) collect and receive
payment of any and all Notes Obligations. 
 Subject to the First Lien/Second Lien Intercreditor Agreement and the Security Documents, the
Trustee is authorized and empowered to institute and maintain, or direct the Collateral Agent to institute and maintain, such suits and proceedings as it may deem expedient to protect or enforce the Liens securing the Notes Obligations, or the
Security Documents to which the Collateral Agent or Trustee is a party or to prevent any impairment of Collateral by any acts that may be unlawful or in violation of the Security Documents to which the Collateral Agent or Trustee is a party or this
Indenture, and such suits and proceedings as the Trustee or the Collateral Agent may deem expedient to preserve or protect its interests and the interests of the holders of Notes Obligations in the Collateral, including power to institute and
maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such
enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of holders, the Trustee or the Collateral Agent. 

SECTION 11.04 Release of Liens. (a) Notwithstanding anything to the contrary in the Security Documents or the First
Lien/Second Lien Intercreditor Agreement, Collateral may be released from the Lien and security interest created by the Security Documents to secure the Notes Obligations at any time or from time to time in accordance with the provisions of the
First Lien/Second Lien Intercreditor Agreement or the Security Documents or as provided hereby. The applicable assets included in the Collateral shall be automatically released from the Liens securing the Notes Obligations, and the applicable
Subsidiary Guarantor shall be automatically released from its obligations under this Indenture and the Security Documents, under any one or more of the following circumstances or any applicable circumstance as provided in the First Lien/Second Lien
Intercreditor Agreement or the Security Documents: 
 (1) in respect of the property and assets of a Subsidiary Guarantor, upon the
consummation of any transaction permitted by this Indenture as a result of which such Subsidiary Guarantor ceases to be a Subsidiary of the Issuers or otherwise ceases to be a pledgor under the Security Documents; 

(2) subject to the next succeeding paragraph, upon the Discharge of First Priority Lien Obligations and concurrent release of all other Liens
on such property or assets securing First Priority Lien Obligations (including all commitments and letters of credit thereunder); provided, however, that if the Issuers or the Subsidiary Guarantors subsequently incur First Priority
Lien Obligations that are secured by Liens on property or assets of the Issuers or the Subsidiary Guarantors of the type constituting the Collateral and the related Liens are incurred in reliance on clause (6)(B) of the definition of “Permitted
Liens,” then the Issuers and the Subsidiary Guarantors will be required to reinstitute the security arrangements with respect to the Collateral in favor of the Notes, which, in the case of any such subsequent First Priority Lien

  
 129 

 
Obligations, will be second priority Liens on the Collateral securing such First Priority Lien Obligations to the same extent provided by the Security Documents and the First Lien/Second Lien
Intercreditor Agreement and on the terms and conditions of the security documents relating to such First Priority Lien Obligations, with the first priority Lien held either by the administrative agent, collateral agent or other representative for
such First Priority Lien Obligations or by a collateral agent or other representative designated by the Issuers to hold the first priority Liens for the benefit of the holders of such First Priority Lien Obligations and subject to an intercreditor
agreement that provides the administrative agent or collateral agent substantially the same rights and powers as afforded under the First Lien/Second Lien Intercreditor Agreement; 

(3) to enable the Issuers or any Subsidiary Guarantor to consummate the disposition (other than any disposition to an Issuer or another
Subsidiary Guarantor) of such property or assets to the extent not prohibited under Section 4.06; 
 (4) in respect of the property and
assets of a Subsidiary Guarantor, upon the designation of such Subsidiary Guarantor to be an Unrestricted Subsidiary in accordance with Section 4.04 and the definition of Unrestricted Subsidiary; 

(5) in respect of the property and assets of a Subsidiary Guarantor, upon the release or discharge of the Subsidiary Guarantee by such
Subsidiary Guarantor in accordance with this Indenture; 
 (6) subject to the terms of the First Lien/Second Lien Intercreditor Agreement,
in respect of any property and assets securing First Priority Lien Obligations, upon the release of the security interests securing such assets or property securing any First Priority Lien Obligations, other than in connection with a Discharge of
First Priority Lien Obligations (which shall be subject to clause (2) above); 
 (7) in respect of any property and assets that are or
become Excluded Property pursuant to a transaction not prohibited under this Indenture; 
 (8) pursuant to an amendment or waiver in
accordance with Article IX; 
 (9) in accordance with the applicable provisions of the First Lien/Second Lien Intercreditor Agreement or the
Security Documents; 
 (10) in respect of the property or assets of an Issuer, upon the release or discharge of such Issuer’s Notes
Obligations in accordance with this Indenture; 
 (11) in respect of the property and assets of a Subsidiary Guarantor, upon the release or
discharge of the pledge granted by such Subsidiary Guarantor to secure the obligations under the First Lien Credit Agreement or any other Indebtedness the guarantee in respect of which resulted in the obligation to become a Subsidiary Guarantor with
respect to the Notes; and 
 (12) upon any sale or other transfer by the Issuers or any Subsidiary Guarantor of any Collateral that is
permitted under this Indenture to any Person that is not an Issuer or a Subsidiary Guarantor (including in connection with a condemnation or casualty event), or upon the effectiveness of any written consent to the release of the security interest
granted by the Security Documents in any Collateral pursuant to this Indenture. 

  
 130 

 If an Event of Default under this Indenture exists on the date of Discharge of First
Priority Lien Obligations, the second priority Liens on the Collateral securing the Notes Obligations will not be released pursuant to clause (2) of this Section 11.04(a), except to the extent the Collateral or any portion thereof was
disposed of in order to repay the First Priority Lien Obligations secured by the Collateral (but in such event, the Liens on the Collateral securing the Notes Obligations will be released when such Event of Default and all other Events of Default
under this Indenture cease to exist). 
 In addition, (i) the security interests granted pursuant to the Security Documents securing
the Notes Obligations shall automatically terminate and/or be released with respect to such Notes Obligations all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the
applicable Pledgors (as defined in the Collateral Agreement), as of the date when all the Notes Obligations (other than contingent or unliquidated obligations or liabilities not then due) have been paid in full in cash or immediately available
funds; and (ii) the security interests granted pursuant to the Security Documents securing the Notes Obligations shall automatically terminate as of the date when the holders of at least 66.67% in aggregate principal amount of all Notes issued
under this Indenture consent to the termination of the Security Documents. 
 In connection with any termination or release pursuant to this
Section 11.04(a), the Collateral Agent shall execute and deliver to any Pledgor (as defined in the Collateral Agreement), at such Pledgor’s sole expense, all documents that such Pledgor shall reasonably request to evidence such termination
or release (including, without limitation, UCC termination statements), and, unless any Secured Obligations (as defined in the Collateral Agreement but excluding Notes Obligations) continue to be secured thereby, will duly assign and transfer to
such Pledgor, such of the Pledged Collateral (as defined in the Collateral Agreement) that may be in the possession of the Collateral Agent and has not theretofore been sold or otherwise applied or released pursuant to this Indenture or the Security
Documents. Any execution and delivery of documents pursuant to this Section 11.04(a) shall be without recourse to or warranty by the Collateral Agent. In connection with any release pursuant to this Section 11.04(a), the Pledgors shall be
permitted to take any action in connection therewith consistent with such release including, without limitation, the filing of UCC termination statements authorized to be filed by the Collateral Agent. 

Upon the receipt of an Officers’ Certificate from the Issuers, as described in Section 11.04(b) below, if applicable, and any
necessary or proper instruments of termination, satisfaction or release prepared by the Issuers, the Collateral Agent shall execute, deliver or acknowledge such instruments or releases to evidence the release of any Collateral permitted to be
released pursuant to this Indenture, the Security Documents or the First Lien/Second Lien Intercreditor Agreement. 

  
 131 

 Notwithstanding anything herein to the contrary, in connection with (x) any release of
Collateral pursuant to Section 11.04(a)(4), (5) or (8), such Collateral may not be released from the Lien and security interest created by the Security Documents and (y) any release of Collateral pursuant to Section 11.04(a)(2), (3),
(6) and (7), the Collateral Agent shall not be required to execute, deliver or acknowledge any instruments of termination, satisfaction or release unless, in each case, an Officers’ Certificate and Opinion of Counsel certifying that all
conditions precedent, including, without limitation, this Section 11.04, have been met and stating under which of the circumstances set forth in Section 11.04(a) above the Collateral is being released have been delivered to the Collateral
Agent on or prior to the date of such release or, in the case of clause (y) above, the date on which the Collateral Agent executes any such instrument. 

(b) Notwithstanding anything herein to the contrary, at any time when a Default or Event of Default has occurred and is continuing and the
maturity of the Notes has been accelerated (whether by declaration or otherwise) and the Trustee has delivered a notice of acceleration to the Collateral Agent, no release of Collateral pursuant to the provisions of this Indenture or the Security
Documents will be effective as against the holders, except as otherwise provided in the First Lien/Second Lien Intercreditor Agreement. 

SECTION 11.05 Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or
trustee, lawfully appointed, the powers conferred in this Section 11.05 upon the Issuers or the Subsidiary Guarantors with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an
instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Issuers or the Subsidiary Guarantors or of any officer or officers thereof required by the provisions of this Section 11.05; and if
the Trustee, Collateral Agent or a nominee of the Trustee or Collateral Agent shall be in the possession of the Collateral under any provision of this Indenture, then such powers may be exercised by the Trustee, Collateral Agent or a nominee of the
Trustee or Collateral Agent. 
 SECTION 11.06 Release Upon Termination of the Issuers’ Obligations. In the
event (i) that the Issuers deliver to the Trustee, in form and substance acceptable to it, an Officer’s Certificate and Opinion of Counsel certifying that all the Notes Obligations under this Indenture, the Notes and the Security Documents
have been satisfied and discharged by the payment in full of the Issuers’ Notes Obligations under the Notes, this Indenture and the Security Documents, and all such Notes Obligations have been so satisfied, or (ii) a discharge, legal
defeasance or covenant defeasance of this Indenture occurs under Article VIII, the Trustee shall deliver to the Issuers and the Collateral Agent a notice stating that the Trustee, on behalf of the holders, disclaims and gives up any and all rights
it has in or to the Collateral, and any rights it has under the Security Documents, and upon receipt by the Collateral Agent of such notice and Officer’s Certificate and Opinion of Counsel, the Collateral Agent shall be deemed not to hold a
Lien in the Collateral on behalf of the holders of the Notes and shall do or cause to be done all acts reasonably necessary at the request and expense of the Issuers to release such Lien as soon as is reasonably practicable. 

SECTION 11.07 Designations. Except as provided in the next sentence, for purposes of the provisions hereof and the First
Lien/Second Lien Intercreditor Agreement, requiring the Issuers to designate Indebtedness for the purposes of the terms First Priority Lien Obligations, Other Second Lien Obligations, Second Priority Lien Obligations, Junior Lien Obligations or any
other such designations hereunder, under the First Lien/Second Lien Intercreditor Agreement, any such designation shall be sufficient if, unless otherwise provided in 

  
 132 

 
such First Lien/Second Lien Intercreditor Agreement, the relevant designation provides in an Officer’s Certificate that such First Priority Lien Obligations, Other Second Lien Obligations,
Second Priority Lien Obligations or Junior Lien Obligations are permitted under this Indenture and is signed on behalf of the Issuers by an Officer and delivered to the Trustee and the Collateral Agent. For all purposes hereof and for the First
Lien/Second Lien Intercreditor Agreement, the Issuers hereby designate the Obligations pursuant to the First Lien Credit Agreement as in effect on the Issue Date as First Priority Lien Obligations. 

ARTICLE XII 
 GUARANTEE

 SECTION 12.01 Subsidiary Guarantee. 

(a) Each Subsidiary Guarantor hereby jointly and severally, irrevocably and unconditionally guarantees, on a senior basis, as a primary
obligor and not merely as a surety, to each holder and to the Trustee and its successors and assigns (i) the performance and punctual payment when due, whether at Stated Maturity, by acceleration or otherwise, of all obligations of either
Issuer under this Indenture and the Notes, whether for payment of principal of, premium, if any, or interest on the Notes and all other monetary obligations of either Issuer under this Indenture and the Notes and (ii) the full and punctual
performance within applicable grace periods of all other obligations of either Issuer whether for fees, expenses, indemnification or otherwise under this Indenture and the Notes (all the foregoing being hereinafter collectively called the
“Guaranteed Obligations”). Each Subsidiary Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from any Subsidiary Guarantor, and that each
Subsidiary Guarantor shall remain bound under this Article XII notwithstanding any extension or renewal of any Guaranteed Obligation. 
 (b)
Each Subsidiary Guarantor waives presentation to, demand of payment from and protest to either Issuer of any of the Guaranteed Obligations and also waives notice of protest for nonpayment. Each Subsidiary Guarantor waives notice of any default under
the Notes or the Guaranteed Obligations. The obligations of each Subsidiary Guarantor hereunder shall not be affected by (i) the failure of any holder or the Trustee to assert any claim or demand or to enforce any right or remedy against either
Issuer or any other Person under this Indenture, the Notes or any other agreement or otherwise; (ii) any extension or renewal of this Indenture, the Notes or any other agreement; (iii) any rescission, waiver, amendment or modification of
any of the terms or provisions of this Indenture, the Notes or any other agreement; (iv) the release of any security held by any holder or the Trustee for the Guaranteed Obligations or each Subsidiary Guarantor; (v) the failure of any
holder or Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations; or (vi) any change in the ownership of each Subsidiary Guarantor, except as provided in Section 12.02(b). Each Subsidiary
Guarantor hereby waives any right to which it may be entitled to have its obligations hereunder divided among the Subsidiary Guarantors, such that such Subsidiary Guarantor’s obligations would be less than the full amount claimed. 

  
 133 

 (c) Each Subsidiary Guarantor hereby waives any right to which it may be entitled to have
the assets of either Issuer first be used and depleted as payment of either Issuer’s or such Subsidiary Guarantor’s obligations hereunder prior to any amounts being claimed from or paid by such Subsidiary Guarantor hereunder. Each
Subsidiary Guarantor hereby waives any right to which it may be entitled to require that either Issuer be sued prior to an action being initiated against such Subsidiary Guarantor. 

(d) Each Subsidiary Guarantor further agrees that its Subsidiary Guarantee herein constitutes a guarantee of payment, performance and
compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any holder or the Trustee to any security held for payment of the Guaranteed Obligations. 

(e) The Subsidiary Guarantee of each Subsidiary Guarantor is, to the extent and in the manner set forth in Article XII, equal in right of
payment to all existing and future Pari Passu Indebtedness, senior in right of payment to all existing and future Subordinated Indebtedness of such Subsidiary Guarantor. 

(f) Except as expressly set forth in Sections 8.01(b), 12.02 and 12.05, the obligations of each Subsidiary Guarantor hereunder shall not be
subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense of setoff, counterclaim, recoupment or termination
whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the foregoing, the obligations of each Subsidiary Guarantor herein shall not be discharged or
impaired or otherwise affected by the failure of any holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Notes or any other agreement, by any waiver or modification of any thereof, by any default,
failure or delay, willful or otherwise, in the performance of the obligations, or by any other act or thing or omission or delay to do any other act or thing which may or might in any manner or to any extent vary the risk of any Subsidiary Guarantor
or would otherwise operate as a discharge of any Subsidiary Guarantor as a matter of law or equity. 
 (g) Each Subsidiary Guarantor agrees
that its Subsidiary Guarantee shall remain in full force and effect until payment in full of all the Guaranteed Obligations. Each Subsidiary Guarantor further agrees that its Subsidiary Guarantee herein shall continue to be effective or be
reinstated, as the case may be, if at any time payment, or any part thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any holder or the Trustee upon the bankruptcy or reorganization of
either Issuer or otherwise. 
 (h) In furtherance of the foregoing and not in limitation of any other right which any holder or the Trustee
has at law or in equity against any Subsidiary Guarantor by virtue hereof, upon the failure of either Issuer to pay the principal of or interest on any Guaranteed Obligation when and as the same shall become due, whether at maturity, by
acceleration, by redemption or otherwise, or to perform or comply with any other Guaranteed Obligation, each Subsidiary Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in
cash, to the holders or the Trustee an amount equal to the sum of (i) the unpaid principal amount of such Guaranteed Obligations, (ii) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent not prohibited by
applicable law) and (iii) all other monetary obligations of either Issuer to the holders and the Trustee. 

  
 134 

 (i) Each Subsidiary Guarantor agrees that it shall not be entitled to any right of
subrogation in relation to the holders in respect of any Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations. Each Subsidiary Guarantor further agrees that, as between it, on the one hand, and the holders and
the Trustee, on the other hand, (i) the maturity of the Guaranteed Obligations guaranteed hereby may be accelerated as provided in Article VI for the purposes of the Subsidiary Guarantee herein, notwithstanding any stay, injunction or
other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed hereby, and (ii) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article VI, such Guaranteed
Obligations (whether or not due and payable) shall forthwith become due and payable by the Subsidiary Guarantors for the purposes of this Section 12.01. 

(j) Each Subsidiary Guarantor also agrees to pay any and all costs and expenses (including reasonable out-of-pocket attorneys’ fees and expenses) Incurred by the Trustee or any holder in enforcing any rights under this Section 12.01. 

(k) Upon request of the Trustee, each Subsidiary Guarantor shall execute and deliver such further instruments and do such further acts as may
be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 
 SECTION 12.02 Limitation on
Liability. 
 (a) Any term or provision of this Indenture to the contrary notwithstanding, the maximum aggregate amount of the
Guaranteed Obligations guaranteed hereunder by each Subsidiary Guarantor shall not exceed the maximum amount that can be hereby guaranteed by the applicable Subsidiary Guarantor without rendering the Subsidiary Guarantee or this Indenture, as it
relates to such Subsidiary Guarantor, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally or capital maintenance or corporate benefit rules applicable to
guarantees for obligations of affiliates. 
 (b) A Subsidiary Guarantee as to any Restricted Subsidiary that is (or becomes) a party hereto
on the date hereof or that executes a supplemental indenture in accordance with Section 4.11 hereof and provides a guarantee shall terminate and be of no further force or effect and such Subsidiary Guarantee shall be deemed to be automatically
released from all obligations under this Article XII upon any of the following: 
 (i) the sale, disposition, exchange or
other transfer (other than to an Issuer or a Subsidiary Guarantor) (including through merger, consolidation, amalgamation, Delaware LLC Division, dividend, distribution or otherwise) of the Capital Stock (including any sale, disposition, exchange or
other transfer following which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary), of the applicable Subsidiary Guarantor if such sale, disposition, exchange or other transfer is made in a manner not in violation of this
Indenture; 

  
 135 

 (ii) (1) the designation of such Subsidiary Guarantor as an Unrestricted
Subsidiary in accordance with the provisions of Section 4.04 and the definition of Unrestricted Subsidiary or (2) the occurrence of any other event following which such Subsidiary Guarantor is no longer a Restricted Subsidiary in a manner
not in violation of this Indenture; 
 (iii) the release or discharge of the guarantee by such Subsidiary Guarantor of the
First Lien Credit Agreement or any other Indebtedness which resulted in the obligation to guarantee the Notes; 
 (iv) the
Issuers’ exercise of their legal defeasance option or covenant defeasance option under Article VIII or if the Issuers’ obligations under this Indenture are discharged in accordance with the terms of this Indenture; 

(v) the occurrence of a Covenant Suspension Event; and 

(vi) such Subsidiary ceasing to be a Subsidiary as a result of any foreclosure of any pledge or security interest securing
First Priority Lien Obligations and Second Priority Lien Obligations or other exercise of remedies in respect thereof; 

(vii) upon the merger, amalgamation, or consolidation of such Subsidiary Guarantor with and into an Issuer or another
Subsidiary Guarantor or upon the liquidation or dissolution of such Subsidiary Guarantor, in each case, in a manner not in violation of this Indenture; and 

(viii) as described under Article IX. 

SECTION 12.03 Successors and Assigns. This Article XII shall be binding upon each Subsidiary Guarantor and its successors and
assigns and shall inure to the benefit of the successors and assigns of the Trustee and the holders and, in the event of any transfer or assignment of rights by any holder or the Trustee, the rights and privileges conferred upon that party in this
Indenture and in the Notes shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

SECTION 12.04 No Waiver. Neither a failure nor a delay on the part of either the Trustee or the holders in exercising any right,
power or privilege under this Article XII shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and
the holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article XII at law, in equity, by statute or otherwise. 

SECTION 12.05 Modification. No modification, amendment or waiver of any provision of this Article XII, nor the consent to any
departure by any Subsidiary Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for
which given. No notice to or demand on any Subsidiary Guarantor in any case shall entitle any Subsidiary Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

  
 136 

 SECTION 12.06 Execution of Supplemental Indenture for Future Subsidiary
Guarantors. Each Subsidiary which is required to become a Subsidiary Guarantor of the Notes pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a supplemental indenture in the form of
Exhibit C hereto pursuant to which such Subsidiary shall become a Subsidiary Guarantor under this Article XII and shall guarantee the Notes. Concurrently with the execution and delivery of such supplemental indenture,
the Issuers shall deliver to the Trustee an Officer’s Certificate certifying, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’ rights
generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Subsidiary Guarantee of such Subsidiary Guarantor is a valid and binding obligation of such Subsidiary Guarantor, enforceable against such
Subsidiary Guarantor in accordance with its terms and/or to such other matters as the Trustee may reasonably request. 
 SECTION 12.07
Non-Impairment. The failure to endorse a Subsidiary Guarantee on any Note shall not affect or impair the validity thereof. 

ARTICLE XIII 

MISCELLANEOUS 

SECTION 13.01 Notices. 

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

Prime Security Services Borrower, LLC 

1501 Yamato Road 

Boca Raton, FL 33431 

Attention: Chief Legal Officer 

Facsimile: (516) 226-2856 

with copies to: 

Apollo Management VIII, L.P. 

9 West 57th Street, 43rd Floor 

New York, NY 10019 

Attention: Chief Legal Officer 

Telephone: (212) 515-3484 

Facsimile: (646) 607-0539 

  
 137 

 Paul, Weiss, Rifkind, Wharton & Garrison LLP 

1285 Avenue of the Americas 

New York, NY 10019 

Attention: Gregory A. Ezring, Tracey A. Zaccone 

Telephone: (212) 373-3085 

Facsimile: (212) 492-0085 

if to the Trustee: 

Wells Fargo Bank, National Association 

150 East 42nd Street 

40th Floor 

New York, NY 10017 

Attention: Corporate Trust Services 

Fax: (917) 260-1593 

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

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

Notwithstanding anything to the contrary contained herein, as long as the Notes are in the form of a Global Note, notice to the holders may be
made electronically in accordance with procedures of the Depository. 
 SECTION 13.02 Communication by the Holders with Other
Holders. The holders may communicate consistent with Section 312(b) of the TIA with other holders with respect to their rights under this Indenture or the Notes. The Issuers, the Trustee, the Registrar and other Persons shall have the
protection consistent with Section 312(c) of the TIA. 

  
 138 

 SECTION 13.03 Certificate and Opinion as to Conditions Precedent. Upon any
request or application by the Issuers to the Trustee to take or refrain from taking any action under this Indenture, the Issuers shall furnish to the Trustee at the request of the Trustee: 

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

SECTION 13.04 Statements Required in Certificate or Opinion. Each certificate or opinion with respect to compliance with a
covenant or condition provided for in this Indenture (other than pursuant to Section 4.09) shall include: 
 (a) a statement that the
individual making such certificate or opinion has read such covenant or condition; 
 (b) a brief statement as to the nature and scope of
the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 
 (c) a
statement that, in the opinion of such individual, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

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

SECTION 13.05 When Notes Disregarded. In determining whether the holders of the required principal amount of Notes have concurred
in any direction, waiver or consent, Notes owned by the Issuers, the Subsidiary Guarantors or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuers or the Subsidiary Guarantors
shall be disregarded and deemed not to be outstanding, except that, for the purpose of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Notes which the Trustee actually knows are so owned
shall be so disregarded. Subject to the foregoing, only Notes outstanding at the time shall be considered in any such determination. 

SECTION 13.06 Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of
the holders. The Registrar and a Paying Agent may make reasonable rules for their functions. 

  
 139 

 SECTION 13.07 Legal Holidays. If a payment date is not a Business Day, payment
shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on any amount that would have been otherwise payable on such payment date if it were a Business Day for the intervening period. If a regular Record Date is
not a Business Day, the Record Date shall not be affected. If performance of any covenant, duty or obligation is required on a date which is not a Business Day, performance shall not be required until the next succeeding day that is a Business Day.

 SECTION 13.08 GOVERNING LAW. THIS INDENTURE, THE NOTES AND THE SUBSIDIARY GUARANTEES SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 13.09 No Recourse Against Others. No director, officer,
employee, manager, incorporator or holder of any Equity Interests in an Issuer or any Subsidiary Guarantor or any direct or indirect parent companies, as such, shall have any liability for any obligations of any Issuer or any Subsidiary Guarantor
under the Notes, the Subsidiary Guarantees or this Indenture, as applicable, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder of Notes by accepting a Note waives and releases all such
liability. The waiver and release are part of the consideration for issuance of the Notes. 
 SECTION 13.10 Successors. All
agreements of the Issuers and the Subsidiary Guarantors in this Indenture and the Notes shall bind such person’s successors. All agreements of the Trustee in this Indenture shall bind its successors. 

SECTION 13.11 Multiple Originals. The parties may sign any number of copies of this Indenture. Each signed copy shall be an
original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. 
 SECTION 13.12
Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and Sections of this Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and
shall not modify or restrict any of the terms or provisions hereof. 
 SECTION 13.13 Indenture Controls. If and to the extent
that any provision of the Notes limits, qualifies or conflicts with a provision of this Indenture, such provision of this Indenture shall control. 

SECTION 13.14 Severability. In case any provision in this Indenture shall be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent of such invalidity, illegality or unenforceability. 

SECTION 13.15 Waiver of Jury Trial. EACH OF THE ISSUERS, THE SUBSIDIARY GUARANTORS AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES,
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 

  
 140 

 SECTION 13.16 Consent to Jurisdiction and Service of Process. The Issuers and
the Subsidiary Guarantors agree that any legal suit, action or proceeding brought by any party to enforce any rights under or with respect to this Indenture, any Collateral and any Guarantee or any other document or the transactions contemplated
hereby or thereby may be instituted in any state or federal court in the County of New York, State of New York, United States of America, irrevocably waives to the fullest extent permitted by law any objection which it may now or hereafter
have to the laying of venue of any such suit, action or proceeding, irrevocably waives to the fullest extent permitted by law any claim that and agrees not to claim or plead in any court that any such action, suit or proceeding brought in such court
has been brought in an inconvenient forum and irrevocably submits to the non-exclusive jurisdiction of any such court in any such suit, action or proceeding or for recognition and enforcement of any judgment
in respect thereof. 
 SECTION 13.17 USA Patriot Act. The parties hereto acknowledge that in accordance with Section 326 of
the USA Patriot Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify and record information that identifies each person or legal entity that
establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the USA Patriot
Act. 
 SECTION 13.18 Intercreditor Agreement. The terms of this Indenture are subject to the terms of the First Lien/Second
Lien Intercreditor Agreement.
 [Remainder of page intentionally left blank.] 

  
 141 

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

					
	 PRIME SECURITY SERVICES BORROWER, LLC

	
	
	 By:
	 	 /s/ Jeffrey Likosar

		 	 Name: Jeffrey Likosar 

		 	 Title: Executive Vice President, Chief Financial Officer and Treasurer 

	
	 PRIME FINANCE INC.
 ASG HOLDINGS
LLC
 ALARM SECURITY GROUP LLC
 ASG GOVERNMENT SERVICES
LLC

	 SECURITY MONITORING SERVICES, INC.

THE ADT SECURITY CORPORATION
 ADT LLC

	 ADVANCED CABLING SYSTEMS, LLC

FIRE & SECURITY HOLDINGS, LLC
 ADT COMMERCIAL
LLC

	 RED HAWK FIRE & SECURITY (NY), LLC

RED HAWK FIRE & SECURITY (CA), LLC
 RED HAWK SECURITY
SYSTEMS, LLC
 TELE-TECTOR OF MARYLAND, INC.
 FIRE SYSTEMS
INTERNATIONAL, INC.
 PRATT LANDRY ASSOCIATES, INC.

	 CENTURY SPRINKLER HOLDINGS CORPORATION

CHAIN ELECTRIC HOLDINGS, INC.

	RED HAWK FIRE & SECURITY (CHES), LLC ATCI COMMUNICATIONS, INC.
	 MSA SYSTEMS INTEGRATION, INC.

AA/ACME LOCKSMITHS, INC.
 ARONSON SECURITY GROUP, INC.

DATASHIELD, LLC

	I-VIEW NOW LLC

  

			
	 By:
	 	 /s/ Jeffrey Likosar

		 	 Name: Jeffrey Likosar

		 	Title: Executive Vice President and Chief Financial Officer

 [Signature Page to Indenture] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Trustee
		
	By:	 	/s/ Stefan Victory
		 	Name: Stefan Victory
		 	Title:   Vice President

  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Collateral Agent
		
	By:	 	/s/ Stefan Victory
		 	Name: Stefan Victory
		 	Title:   Vice President

 [Signature Page to Indenture] 

 APPENDIX A 

PROVISIONS RELATING TO INITIAL NOTES AND ADDITIONAL NOTES 

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

“Definitive Note” means a certificated Initial Note or Additional Note (bearing the Restricted Notes Legend if the transfer of
such Note is restricted by applicable law) that does not include the Global Notes Legend. 
 “Depository” or
“DTC” means The Depository Trust Company, its nominees and their respective successors. 
 “Global Notes
Legend” means the legend set forth under that caption in the applicable Exhibit to this Indenture. 
 “IAI”
means an institutional “accredited investor” as described in Rule 501(a)(1), (2), (3) or (7) under the Securities Act. 

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

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

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

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

“Rule 501” means Rule 501(a)(1), (2), (3) or (7) under the Securities Act. 

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

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

  
 Appendix A-1 

 “Transfer Restricted Definitive Notes” means Definitive Notes that bear or
are required to bear or are subject to the Restricted Notes Legend. 
 “Transfer Restricted Global Notes” means Global
Notes that bear or are required to bear or are subject to the Restricted Notes Legend. 
 “Transfer Restricted Notes” means
the Transfer Restricted Definitive Notes and Transfer Restricted Global Notes. 
 “Unrestricted Definitive Notes” means
Definitive Notes that are not required to bear, or are not subject to, the Restricted Notes Legend. 
 “Unrestricted Global
Notes” means Global Notes that are not required to bear, or are not subject to, the Restricted Notes Legend. 
 “U.S.
Person” means a U.S. person as defined in Rule 902(k) under the Securities Act. 
 1.2 Other Definitions. 

 

			
	Term:	  	Defined in Section:
	 Agent Members
	  	2.1(b)
	 Global Notes
	  	2.1(b)
	 Regulation S Global Notes
	  	2.1(b)
	
Regulation S Permanent Global Note          
  
	  	2.1(b)
	 Regulation S Temporary Global Note
	  	2.1(b)
	 Rule 144A Global Notes
	  	2.1(b)

 2. The Notes. 

2.1 Form and Dating; Global Notes. 

(a) The Initial Notes issued on the date hereof will be (i) privately placed by the Issuers pursuant to the Offering Memorandum and
(ii) sold, initially only to (1) QIBs in reliance on Rule 144A and (2) Persons other than U.S. Persons in reliance on Regulation S. Such Initial Notes may thereafter be transferred to, among others, QIBs, purchasers in reliance on
Regulation S and, except as set forth below, IAIs in accordance with Rule 501. One or more Rule 144A Notes may be issued with a separate CUSIP number for purposes of transfers of Notes to IAIs in accordance with Rule 501. Additional Notes offered
after the date hereof may be offered and sold by the Issuers from time to time pursuant to one or more agreements in accordance with applicable law. 

(b) Global Notes. (i) Except as provided in clause (d) of Section 2.2 below, Rule 144A Notes initially shall be
represented by one or more Notes in definitive, fully registered, global form without interest coupons (collectively, the “Rule 144A Global Notes”). 

  
 Appendix A-2 

 Regulation S Notes initially shall be represented by one or more Notes in fully registered,
global form without interest coupons (collectively, the “Regulation S Temporary Global Note” and, together with the Regulation S Permanent Global Note (defined below), the “Regulation S Global Notes”), which shall
be registered in the name of the Depository or the nominee of the Depository for the accounts of designated agents holding on behalf of Euroclear Bank S.A./N.V., as operator of the Euroclear system (“Euroclear”) or Clearstream
Banking, Société Anonyme (“Clearstream”). 
 Following the termination of the Restricted Period, beneficial
interests in the Regulation S Temporary Global Note shall be exchanged for beneficial interests in a permanent Global Note (the “Regulation S Permanent Global Note”) pursuant to the applicable procedures of the Depository.
Simultaneously with the authentication of the Regulation S Permanent Global Note, the Trustee shall cancel the Regulation S Temporary Global Note. The aggregate principal amount of the Regulation S Temporary Global Note and the Regulation S
Permanent Global Note may from time to time be increased or decreased by adjustments made on the records of the Trustee and the Depository or its nominee, as the case may be, in connection with transfers of interest as hereinafter provided. 

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

Members of, or direct or indirect participants in, the Depository (collectively, the “Agent Members”) shall have no rights
under this Indenture with respect to any Global Note held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Notes. The Depository may be treated by the Issuers, the Trustee and any agent of the Issuers or the
Trustee as the absolute owner of the Global Notes for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Issuers, the Trustee or any agent of the Issuers or the Trustee from giving effect to any written
certification, proxy or other authorization furnished by the Depository, or impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any Note. 

(ii) Transfers of Global Notes shall be limited to transfer in whole, but not in part, to the Depository, its successors or
their respective nominees. Interests of beneficial owners in the Global Notes may be transferred or exchanged for Definitive Notes only in accordance with the applicable rules and procedures of the Depository and the provisions of Section 2.2.
In addition, a Global Note shall be exchangeable for Definitive Notes if (x) the Depository (1) notifies the Issuers that it is unwilling or unable to continue as depository for such Global Note and the Issuers thereupon fail to appoint a
successor depository or (2) has ceased to be a clearing agency registered under the Exchange Act or (y) there shall have occurred and be continuing an Event of Default with respect to such 

  
 Appendix A-3 

 
Global Note and a request has been made for such exchange; provided that in no event shall the Regulation S Temporary Global Note be exchanged by the Issuers for Definitive Notes prior to
(x) the expiration of the Restricted Period and (y) the receipt by the Registrar of any certificates required pursuant to Rule 903(b)(3)(ii)(B) under the Securities Act. In all cases, Definitive Notes delivered in exchange for any Global
Note or beneficial interests therein shall be registered in the names, and issued in any approved denominations, requested by or on behalf of the Depository in accordance with its customary procedures. 

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

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

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

2.2 Transfer and Exchange. 
 (a)
Transfer and Exchange of Global Notes. A Global Note may not be transferred as a whole except as set forth in Section 2.1(b). Global Notes will not be exchanged by the Issuers for Definitive Notes except under the circumstances described
in Section 2.1(b)(ii). Global Notes also may be exchanged or replaced, in whole or in part, as provided in Section 2.08 of this Indenture. Beneficial interests in a Global Note may be transferred and exchanged as provided in
Section 2.2(b). 
 (b) Transfer and Exchange of Beneficial Interests in Global Notes. The transfer and exchange of beneficial
interests in the Global Notes shall be effected through the Depository, in accordance with the provisions of this Indenture and the applicable rules and procedures of the Depository. Beneficial interests in Transfer Restricted Global Notes shall be
subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Beneficial interests in Global Notes shall be transferred or exchanged only for beneficial interests in Global Notes. Transfers
and exchanges of beneficial interests in the 

  
 Appendix A-4 

 
Global Notes also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: 

(i) Transfer of Beneficial Interests in the Same Global Note. Beneficial interests in any Transfer Restricted Global
Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Transfer Restricted Global Note in accordance with the transfer restrictions set forth in the Restricted Notes Legend; provided,
however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person. A beneficial interest in an
Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be delivered to the Registrar to effect the
transfers described in this Section 2.2(b)(i). 
 (ii) All Other Transfers and Exchanges of Beneficial Interests in
Global Notes. In connection with all transfers and exchanges of beneficial interests in any Global Note that is not subject to Section 2.2(b)(i), the transferor of such beneficial interest must deliver to the Registrar (1) a written
order from an Agent Member given to the Depository in accordance with the applicable rules and procedures of the Depository directing the Depository to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to
the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the applicable rules and procedures of the Depository containing information regarding the Agent Member account to be credited with such
increase. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Notes contained in this Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee shall adjust the
principal amount of the relevant Global Note pursuant to Section 2.2(i). 
 (iii) Transfer of Beneficial Interests to
Another Restricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Note if the transfer
complies with the requirements of Section 2.2(b)(ii) above and the Registrar receives the following: 
 (A) if the
transferee will take delivery in the form of a beneficial interest in a Rule 144A Global Note, then the transferor must deliver a certificate in the form attached to the applicable Note; and 

(B) if the transferee will take delivery in the form of a beneficial interest in a Regulation S Global Note, then the
transferor must deliver a certificate in the form attached to the applicable Note. 
 (iv) Transfer and Exchange of
Beneficial Interests in a Transfer Restricted Global Note for Beneficial Interests in an Unrestricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an
Unrestricted Global Note or transferred to a Person who takes 

  
 Appendix A-5 

 
delivery thereof in the form of a beneficial interest in an Unrestricted Global Note if the exchange or transfer complies with the requirements of Section 2.2(b)(ii) above and the
Registrar receives the following: 
 (A) if the holder of such beneficial interest in a Transfer Restricted Global Note
proposes to exchange such beneficial interest for a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note; or 

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

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

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

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

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

(i) Transfer Restricted Definitive Notes to Beneficial Interests in Transfer Restricted Global Notes. If any holder of a Transfer
Restricted Definitive Note proposes to exchange such Transfer Restricted Definitive Note for a beneficial interest in a Transfer Restricted Global Note or to transfer such Transfer Restricted Definitive Note to

  
 Appendix A-6 

 
a Person who takes delivery thereof in the form of a beneficial interest in a Transfer Restricted Global Note, then, upon receipt by the Registrar of the following documentation: 

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

(B) if such Transfer Restricted Definitive Note is being transferred to a QIB in accordance with Rule 144A under the Securities
Act, a certificate from such holder in the form attached to the applicable Note; 
 (C) if such Transfer Restricted
Definitive Note is being transferred to a Non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904 under the Securities Act, a certificate from such holder in the form attached to the
applicable Note; 
 (D) if such Transfer Restricted Definitive Note is being transferred pursuant to an exemption from the
registration requirements of the Securities Act in accordance with Rule 144 under the Securities Act, a certificate from such holder in the form attached to the applicable Note; 

(E) if such Transfer Restricted Definitive Note is being transferred to an IAI in reliance on an exemption from the
registration requirements of the Securities Act other than those listed in subparagraphs (B) through (D) above, a certificate from such holder in the form attached to the applicable Note, including the certifications, certificates and
Opinion of Counsel, if applicable; or 
 (F) if such Transfer Restricted Definitive Note is being transferred to the Issuers
or a Subsidiary thereof, a certificate from such holder in the form attached to the applicable Note; 
 the Trustee shall cancel the Transfer
Restricted Definitive Note, and increase or cause to be increased the aggregate principal amount of the appropriate Transfer Restricted Global Note. 

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

  
 Appendix A-7 

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

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

(iv) Unrestricted Definitive Notes to Beneficial Interests in Transfer Restricted Global Notes. An Unrestricted
Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a beneficial interest in a Transfer Restricted Global Note. 

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

  
 Appendix A-8 

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

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

(D) if the transfer will be made to an IAI in reliance on an exemption from the registration requirements of the Securities Act
other than those listed in subparagraphs (A) through (C) above, a certificate in the form attached to the applicable Note; and 

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

(A) if the holder of such Transfer Restricted Definitive Note proposes to exchange such Transfer Restricted Definitive Note for
an Unrestricted Definitive Note, a certificate from such holder in the form attached to the applicable Note; or 
 (B) if the
holder of such Transfer Restricted Definitive Note proposes to transfer such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such holder in the form attached to the applicable
Note, 
 and, in each such case, if the Issuers or the Registrar so request, an Opinion of Counsel in form reasonably acceptable to the
Issuers and the Registrar to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Restricted Notes Legend are no longer required in order to maintain
compliance with the Securities Act. 

  
 Appendix A-9 

 (iii) Unrestricted Definitive Notes to Unrestricted Definitive Notes.
A holder of an Unrestricted Definitive Note may transfer such Unrestricted Definitive Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note at any time. Upon receipt of a request to register such a transfer, the
Registrar shall register the Unrestricted Definitive Notes pursuant to the instructions from the holder thereof. 
 (iv)
Unrestricted Definitive Notes to Transfer Restricted Definitive Notes. An Unrestricted Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a Transfer Restricted Definitive Note. 

At such time as all beneficial interests in a particular Global Note have been exchanged for Definitive Notes or a particular Global Note has
been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.10. At any time prior to such cancellation, if any beneficial
interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, the principal amount of Notes represented by such Global Note
shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to
a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at
the direction of the Trustee to reflect such increase. 
 (f) Legend. 

(i) Except as permitted by the following paragraph (iii), (iv) or (v), each Note certificate evidencing the Global Notes
and any Definitive Notes (and all Notes issued in exchange therefor or in substitution thereof) shall bear a legend in substantially the following form (each defined term in the legend being defined as such for purposes of the legend only): 

“THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND,
ACCORDINGLY, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL
INTEREST HEREIN, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) (A “QIB”) OR (B) IT IS NOT A U.S. PERSON, IS NOT ACQUIRING THIS
SECURITY FOR THE ACCOUNT OR FOR THE BENEFIT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN

  
 Appendix A-10 

 
ONE YEAR AFTER THE LATER OF (X) ORIGINAL ISSUANCE OF THIS SECURITY AND (Y) THE LAST DATE ON WHICH THE ISSUERS OR ANY AFFILIATE OF THE ISSUERS WERE THE OWNER OF THIS SECURITY (OR ANY
PREDECESSOR OF SUCH SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE ISSUERS OR ANY SUBSIDIARY THEREOF, (B) TO A PERSON WHOM THE HOLDER REASONABLY BELIEVES IS A QIB IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES
ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT, (D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE), (E) IN
ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (PROVIDED THAT PRIOR TO SUCH TRANSFER, THE TRUSTEE IS FURNISHED WITH AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS THAT SUCH TRANSFER IS IN COMPLIANCE WITH
THE SECURITIES ACT) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND, IN EACH CASE, IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS
SECURITY OR AN INTEREST HEREIN IS TRANSFERRED (OTHER THAN A TRANSFER PURSUANT TO CLAUSE (2)(D) OR (2)(F) ABOVE) A NOTICE SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS SECURITY OR ANY INTEREST HEREIN WITHIN THE
TIME PERIOD REFERRED TO ABOVE, THE HOLDER MUST CHECK THE APPROPRIATE BOX SET FORTH ON THE REVERSE HEREOF RELATING TO THE MANNER OF SUCH TRANSFER AND SUBMIT THIS CERTIFICATE TO THE TRUSTEE. AS USED HEREIN THE TERMS “OFFSHORE TRANSACTION,”
“UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY RULE 902 OF REGULATION S UNDER THE SECURITIES ACT.” 

“THE TERMS OF THIS SECURITY ARE SUBJECT TO THE TERMS OF THE FIRST LIEN/ SECOND LIEN INTERCREDITOR AGREEMENT DATED AS OF JULY 1, 2015
AMONG BARCLAYS BANK PLC, AS COLLATERAL AGENT UNDER THE FIRST LIEN CREDIT AGREEMENT, THE ADT FIRST LIEN NOTES, THE FIRST-PRIORITY NOTES, THE COLLATERAL AGENT AND THE OTHER PARTIES THERETO FROM TIME TO TIME, ENTERED INTO ON MAY 2, 2016.”

  
 Appendix A-11 

 Each Regulation S Note shall bear the following additional legend: 

“BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON, NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S.
PERSON, AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.” 
 Each Definitive Note
shall bear the following additional legend: 
 “IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER
AGENT SUCH CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.” 

(ii) Upon any sale or transfer of a Transfer Restricted Definitive Note, the Registrar shall permit the holder thereof to
exchange such Transfer Restricted Note for a Definitive Note that does not bear the legends set forth above and rescind any restriction on the transfer of such Transfer Restricted Definitive Note if the holder certifies in writing to the Registrar
that its request for such exchange was made in reliance on Rule 144 (such certification to be in the form set forth on the reverse of the Initial Note). 

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

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

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

  
 Appendix A-12 

 (h) Obligations with Respect to Transfers and Exchanges of Notes. 

(i) To permit registrations of transfers and exchanges, the Issuers shall execute and the Trustee shall authenticate,
Definitive Notes and Global Notes at the Registrar’s request. 
 (ii) No service charge shall be made for any
registration of transfer or exchange of Notes, but the Issuers may require payment of a sum sufficient to cover any transfer tax, assessments, or similar governmental charge payable in connection therewith (other than any such transfer taxes,
assessments or similar governmental charge payable upon exchanges pursuant to Sections 3.06, 4.06, 4.08 and 9.05 of this Indenture). 

(iii) Prior to the due presentation for registration of transfer of any Note, the Issuers, the Trustee, a Paying Agent or the
Registrar may deem and treat the person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Note and for all other purposes whatsoever, whether or not such
Note is overdue, and none of the Issuers, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary. 

(iv) All Notes issued upon any transfer or exchange pursuant to the terms of this Indenture shall evidence the same debt and
shall be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange. 
 (i) No Obligation of
the Trustee. 
 (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Note, a member
of, or a participant in the Depository or any other Person with respect to the accuracy of the records of the Depository or its nominee or of any participant or member thereof, with respect to any ownership interest in the Notes or with respect to
the delivery to any participant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption or repurchase) or the payment of any amount, under or with respect to such Notes. All notices and
communications to be given to the holders and all payments to be made to the holders under the Notes shall be given or made only to the registered holders (which shall be the Depository or its nominee in the case of a Global Note). The rights of
beneficial owners in any Global Note shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the
Depository with respect to its members, participants and any beneficial owners. 

  
 Appendix A-13 

 (ii) The Trustee shall have no obligation or duty to monitor, determine or
inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depository participants, members or
beneficial owners in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of this Indenture, and to examine
the same to determine substantial compliance as to form with the express requirements hereof. 

  
 Appendix A-14 

 EXHIBIT A 

[FORM OF FACE OF INITIAL NOTE] 

[Global Notes Legend] 
 UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE ISSUERS OR THEIR AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR
SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 

[Restricted Notes Legend for Notes Offered in Reliance on Regulation S] 

BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON, NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON,
AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT. 
 [Restricted Notes
Legend] 
 “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”)
AND, ACCORDINGLY, MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH IN THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL
INTEREST HEREIN, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) (A “QIB”) OR (B) IT IS NOT A U.S. PERSON, IS NOT ACQUIRING THIS
SECURITY FOR THE ACCOUNT OR FOR THE BENEFIT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE 

  
 Exhibit A-1 

 
TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT, (2) AGREES THAT IT WILL NOT WITHIN ONE YEAR AFTER THE LATER OF (X) ORIGINAL ISSUANCE OF THIS SECURITY AND
(Y) THE LAST DATE ON WHICH THE ISSUERS OR ANY AFFILIATE OF THE ISSUERS WERE THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) RESELL OR OTHERWISE TRANSFER THIS SECURITY EXCEPT (A) TO THE ISSUERS OR ANY SUBSIDIARY THEREOF,
(B) TO A PERSON WHOM THE HOLDER REASONABLY BELIEVES IS A QIB IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT,
(D) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT (IF AVAILABLE), (E) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (PROVIDED THAT PRIOR TO SUCH
TRANSFER, THE TRUSTEE IS FURNISHED WITH AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS THAT SUCH TRANSFER IS IN COMPLIANCE WITH THE SECURITIES ACT) OR (F) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND, IN EACH
CASE, IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS, AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS SECURITY OR AN INTEREST HEREIN IS TRANSFERRED (OTHER THAN A TRANSFER PURSUANT TO CLAUSE (2)(D) OR (2)(F) ABOVE) A NOTICE
SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS SECURITY OR ANY INTEREST HEREIN WITHIN THE TIME PERIOD REFERRED TO ABOVE, THE HOLDER MUST CHECK THE APPROPRIATE BOX SET FORTH ON THE REVERSE HEREOF RELATING TO THE
MANNER OF SUCH TRANSFER AND SUBMIT THIS CERTIFICATE TO THE TRUSTEE. AS USED HEREIN THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY RULE 902 OF REGULATION S UNDER THE
SECURITIES ACT.” 
 “THE TERMS OF THIS SECURITY ARE SUBJECT TO THE TERMS OF THE FIRST LIEN/SECOND LIEN INTERCREDITOR AGREEMENT
DATED AS OF JULY 1, 2015 AMONG BARCLAYS BANK PLC, AS COLLATERAL AGENT UNDER THE FIRST LIEN CREDIT AGREEMENT AND THE ADT FIRST LIEN NOTES, THE FIRST-PRIORITY NOTES, THE COLLATERAL AGENT AND THE OTHER PARTIES THERETO FROM TIME TO TIME, ENTERED
INTO ON MAY 2, 2016.” 
 [Definitive Notes Legend] 

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

  
 A-2 

 [FORM OF INITIAL NOTE] 

PRIME SECURITY SERVICES BORROWER, LLC 

PRIME FINANCE INC. 
  

			
	No. [    ]	  	144A CUSIP No. 74166M AE6
		
		  	144A ISIN No. US74166MAE66
		
		  	REG S CUSIP No. U7415P AF2
		
		  	REG S ISIN No. USU7415PAF28
		
		  	$[    ]

 6.250% Second-Priority Senior Secured Notes due 2028 

Prime Security Services Borrower, LLC, a limited liability company organized under the laws of Delaware, and Prime Finance Inc., a corporation
incorporated under the laws of Delaware, promise to pay to Cede & Co., or registered assigns, the principal sum set forth on the Schedule of Increases or Decreases in Global Note attached hereto on January 15, 2028. 

Interest Payment Dates: January 15 and July 15, commencing
[            ]1 
 Record
Dates: January 1 and July 1 
 Additional provisions of this Note are set forth on the other side of this Note. 

 

	1 	 To be July 15, 2020 for Notes issued on January 28, 2020. 

  
 A-3 

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

 

			
	PRIME SECURITY SERVICES BORROWER, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  

			
	PRIME FINANCE INC.
		
	By:	 	  

		 	Name:
		 	Title:

 Dated: 

  
 A-4 

			
	 TRUSTEE’S CERTIFICATE OF AUTHENTICATION

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

		
	By:	 	  

		 	Authorized Signatory

 Dated: 
  

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

  
 A-5 

 [FORM OF REVERSE SIDE OF INITIAL NOTE] 

6.250% Senior Note Due 2028 
  

	1.	 Interest 

Prime Security Services Borrower, LLC, a limited liability company organized under the laws of Delaware (and its successors and assigns under
the Indenture hereinafter referred to, being herein called the “Company”), and Prime Finance Inc., a corporation incorporated under the laws of Delaware (and its successors and assigns under the Indenture hereinafter referred to,
being herein called the “Co-Issuer” and, together with the Company, the “Issuers”) promise to pay interest on the principal amount of this Note at the rate per annum shown
above. The Issuers shall pay interest semiannually on January 15 and July 15 of each year (each an “Interest Payment Date”), commencing
[                ]2. Interest on the Notes shall accrue from the most recent date to which interest has been paid or
duly provided for or, if no interest has been paid or duly provided for, from January 28, 2020, until the principal hereof is due. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The Issuers shall pay interest on overdue principal at the rate borne by the Notes, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 

 

	2.	 Method of Payment 

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

	3.	 Paying Agent and Registrar 

 

	2 	 To be July 15, 2020 for Notes issued on January 28, 2020. 

  
 A-6 

 Initially, Wells Fargo Bank, National Association, as trustee under the Indenture (the
“Trustee”), will act as Paying Agent and Registrar. The Issuers may appoint and change any Paying Agent or Registrar without notice. The Issuers or any of their domestically incorporated Subsidiaries may act as Paying Agent or
Registrar. 
  

	4.	 Indenture 

The Issuers issued the Notes under an Indenture dated as of January 28, 2020 (the “Indenture”), among the Company, the Co-Issuer, the Subsidiary Guarantors party thereto and the Trustee. Capitalized terms used herein are used as defined in the Indenture, unless otherwise indicated. The terms of the Notes include those stated in the
Indenture. The Notes are subject to all terms and provisions of the Indenture, and the holders (as defined in the Indenture) are referred to the Indenture for a statement of such terms and provisions. If and to the extent that any provision of the
Notes limits, qualifies or conflicts with a provision of the Indenture, such provision of the Indenture shall control. 
 The Notes are
second-priority senior secured obligations of the Issuers. This Note is one of the Initial Notes referred to in the Indenture. The Notes include the Initial Notes and any Additional Notes. The Initial Notes and any Additional Notes are treated as a
single class of securities under the Indenture. The Indenture imposes certain limitations on the ability of the Issuers and their Restricted Subsidiaries to, among other things, make certain Investments and other Restricted Payments, Incur
Indebtedness, enter into consensual restrictions upon the payment of certain dividends and distributions by such Restricted Subsidiaries, issue or sell shares of certain capital stock of the Issuers and such Restricted Subsidiaries, enter into or
permit certain transactions with Affiliates, create or Incur Liens and make Asset Sales. The Indenture also imposes limitations on the ability of the Issuers and each Subsidiary Guarantor to consolidate or merge with or into any other Person or
convey, transfer or lease all or substantially all of their property. 
 To guarantee the due and punctual payment of the principal and
interest on the Notes and all other amounts payable by the Issuers under the Indenture and the Notes when and as the same shall be due and payable, whether at maturity, by acceleration or otherwise, according to the terms of the Notes and the
Indenture, the Subsidiary Guarantors have unconditionally guaranteed the Guaranteed Obligations pursuant to the terms of the Indenture and any Subsidiary Guarantor that executes a Subsidiary Guarantee will unconditionally guarantee the Guaranteed
Obligations on a second-priority senior secured basis pursuant to the terms of the Indenture. 
  

	5.	 Redemption 

On or after January 15, 2023, the Issuers may redeem the Notes at their option, in whole at any time or in part from time to time, upon
not less than 30 nor more than 60 days’ prior notice mailed by the Issuers by first-class mail to each holder’s registered address, or delivered electronically if held by DTC, at the following redemption prices (expressed as a percentage
of principal amount), plus accrued and unpaid interest, if any, to, but excluding, the redemption date (subject to the right of holders of record on the relevant Record Date to receive 

  
 A-7 

 
interest due on the relevant Interest Payment Date), if redeemed during the 12-month period commencing on January 15 of the years set forth below:

  

					
	 Period
	  	Redemption Price	 
	 2023
	  	 	103.125	% 
	 2024
	  	 	101.563	% 
	 2025 and thereafter
	  	 	100.000	% 

 In addition, prior to January 15, 2023, the Issuers may redeem the Notes at their option, in whole at any
time or in part from time to time, upon not less than 30 nor more than 60 days’ prior notice mailed by the Issuers by first-class mail to each holder’s registered address, or delivered electronically if held by DTC, at a redemption price
equal to 100% of the principal amount of the Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but excluding, the applicable redemption date (subject to the right of holders of record on the relevant
Record Date to receive interest due on the relevant Interest Payment Date). 
 Notwithstanding the foregoing, at any time and from time to
time prior to January 15, 2023, the Issuers may redeem in the aggregate up to 40% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional Notes) in an amount not to exceed the amount
of net cash proceeds of one or more Equity Offerings (1) by the Company or (2) by any direct or indirect parent of the Company to the extent the net cash proceeds thereof are contributed to the common equity capital of the Company or used
to purchase Capital Stock (other than Disqualified Stock) of the Company, at a redemption price (expressed as a percentage of principal amount thereof) of 106.250%, plus accrued and unpaid interest, if any, to, but excluding, the redemption date
(subject to the right of holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date); provided, however, that at least 50% of the original aggregate principal amount of the Notes
(calculated after giving effect to any issuance of Additional Notes) must remain outstanding after each such redemption; provided, further, that such redemption shall occur within 90 days after the date on which any such Equity
Offering is consummated upon not less than 30 nor more than 60 days’ notice mailed by the Issuers to each holder of Notes being redeemed to each such holder’s registered address, or delivered electronically if held by DTC, and otherwise in
accordance with the procedures set forth in the Indenture. 
 Notice of any redemption upon any corporate transaction or other event
(including any Equity Offering, Incurrence of Indebtedness, Change of Control or other transaction) may be given prior to the completion thereof, and any redemption or notice thereof may, at the Issuers’ discretion, be subject to one or more
conditions precedent, including, but not limited to, completion of a corporate transaction or other event. If any redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition and, if
applicable, shall state that, in the Issuers’ discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied (or waived by the Issuers in the Issuers’ discretion), and/or such redemption may
not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied (or waived by the Issuers in the Issuers’ discretion) by the redemption date, or by the redemption date as so delayed and/or
that such notice may be rescinded at any time by the Issuers if the Issuers determine in their 

  
 A-8 

 
discretion that any or all of such conditions will not be satisfied (or waived). For the avoidance of doubt, if any redemption date shall be delayed, pursuant to this Paragraph 5 and the terms of
the applicable notice of redemption, such redemption date as so delayed may occur at any time after the original redemption date set forth in the applicable notice of redemption and after the satisfaction (or waiver) of any applicable conditions
precedent, including, without limitation, on a date that is less than 30 days after the original redemption date or more than 60 days after the date of the applicable notice of redemption. In addition, the Issuers may provide in such notice
that payment of the redemption price and performance of the Issuers’ obligations with respect to such redemption may be performed by another Person. 
  

	6.	 Mandatory Redemption 

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

 

	7.	 Notice of Redemption 

Notices of redemption shall be mailed by first class mail (or with respect to global notes, to the extent permitted or required by applicable
DTC procedures or regulations, sent electronically) at least 30 but not more than 60 days before the redemption date, to each holder of Notes to be redeemed at its registered address (with a copy to the Trustee) or otherwise in accordance with the
procedures of the Depository Trust Company (“DTC”), except that redemption notices may be mailed more than 60 days prior to the redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction
and discharge of the Indenture pursuant to Article VIII thereof. If money sufficient to pay the redemption price of and accrued and unpaid interest on all Notes (or portions thereof) to be redeemed on the redemption date is deposited with a
Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date, interest ceases to accrue on such Notes (or such portions thereof) called for redemption. 

 

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

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

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

	9.	 Ranking and Collateral  

These Notes and the Subsidiary Guarantees will be secured by a second-priority security interest in the Collateral pursuant to certain
Security Documents. The Liens securing Second Priority Lien Obligations upon any and all Collateral are, to the extent and in the manner 

  
 A-9 

 
provided in the First Lien/Second Lien Intercreditor Agreement, subordinate in ranking to all present and future Liens securing First Priority Lien Obligations and will be of equal ranking with
all present and future Liens securing the Other Second Lien Obligations as set forth in the First Lien/Second Lien Intercreditor Agreement. 
  

	10.	 Denominations; Transfer; Exchange 

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

 

	11.	 Persons Deemed Owners 

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

 

	12.	 Unclaimed Money 

If money for the payment of principal or interest remains unclaimed for two years, the Trustee and a Paying Agent shall pay the money back to
the Issuers at their written request unless an abandoned property law designates another Person. After any such payment, the holders entitled to the money must look to the Issuers for payment as general creditors and the Trustee and a Paying Agent
shall have no further liability with respect to such monies. 
  

	13.	 Discharge and Defeasance 

Subject to certain conditions, the Issuers at any time may terminate some of or all their obligations under the Notes and the Indenture if the
Issuers deposit with the Trustee money or U.S. Government Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be. 
  

	14.	 Amendment; Waiver 

Subject to certain exceptions set forth in the Indenture, (i) the Issuers, the Trustee and/or the Collateral Agent may amend the
Indenture, the Notes, the Security Documents or the First Lien/Second Lien Intercreditor Agreement with the consent of the Issuers and the holders of at least a majority in principal amount of the Notes then outstanding voting as a single class and
(ii) any past default or compliance with any provisions may be waived with the consent of the holders of at least a majority in principal amount of the Notes then outstanding voting as a single class (including consents obtained in connection
with a tender offer or exchange for the Notes). Subject to certain exceptions set forth in the Indenture, without notice to or the consent of any holder, the Issuers, the Trustee and/or the Collateral Agent may make certain amendments and
supplements to the Indenture, the Notes, the Subsidiary Guarantees, the Security Documents or the First Lien/Second Lien Intercreditor Agreement as set forth in the Indenture. 

  
 A-10 

	15.	 Defaults and Remedies 

If an Event of Default (other than an Event of Default relating to certain events of bankruptcy, insolvency or reorganization of the Issuers)
occurs and is continuing, the Trustee by notice to the Issuers or the holders of at least 30% in principal amount of outstanding Notes by notice to the Issuers, with a copy to the Trustee, may declare the principal of, premium, if any, and accrued
but unpaid interest on all the Notes to be due and payable; provided, however, that so long as any Bank Indebtedness (as defined in the Indenture) remains outstanding, no such acceleration shall be effective until the earlier of
(1) five Business Days after the giving of written notice to the Issuers and the administrative agent under the First Lien Credit Agreement (as defined in the Indenture) and (2) the day on which any Bank Indebtedness is accelerated. Upon
such a declaration, such principal and interest will be due and payable immediately. If an Event of Default relating to certain events of bankruptcy, insolvency or reorganization of an Issuer occurs, the principal of, premium, if any, and interest
on all the Notes will become immediately due and payable without any declaration or other act on the part of the Trustee or any holders. Under certain circumstances, the holders of a majority in principal amount of outstanding Notes may rescind any
such acceleration with respect to the Notes and its consequences. 
 If an Event of Default occurs and is continuing, the Trustee shall be
under no obligation to exercise any of the rights or powers under the Indenture at the request or direction of any of the holders unless such holders have offered to the Trustee indemnity or security satisfactory to the Trustee against any loss,
liability or expense and certain other conditions are complied with. Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no holder may pursue any remedy with respect to the Indenture or the Notes
unless (i) such holder has previously given the Trustee notice that an Event of Default is continuing, (ii) holders of at least 30% in principal amount of the outstanding Notes have requested the Trustee to pursue the remedy,
(iii) such holders have offered the Trustee security or indemnity satisfactory to it against any loss, liability or expense, (iv) the Trustee has not complied with such request within 60 days after the receipt of the request and the offer
of security or indemnity, and (v) the holders of a majority in principal amount of the outstanding Notes have not given the Trustee a direction inconsistent with such request within such 60-day period.
Subject to certain restrictions, the holders of a majority in principal amount of outstanding Notes are given the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any
trust or power conferred on the Trustee. The Trustee, however, may refuse to follow any direction that conflicts with law or the Indenture or that the Trustee determines is unduly prejudicial to the rights of any other holder or that would involve
the Trustee in personal liability. Prior to taking any action under the Indenture, the Trustee shall be entitled to indemnification reasonably satisfactory to it against all losses and expenses caused by taking or not taking such action. 

  
 A-11 

	16.	 Trustee Dealings with the Issuers 

Subject to certain limitations imposed by the TIA, the Trustee under the Indenture, in its individual or any other capacity, may become the
owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuers or their Affiliates and may otherwise deal with the Issuers or their Affiliates with the same rights it would have if it were not Trustee. 

 

	17.	 No Recourse Against Others 

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

	18.	 Authentication 

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

	19.	 Abbreviations 

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

	20.	 Governing Law 

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

 

	21.	 CUSIP Numbers; ISINs 

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

  
 A-12 

 ASSIGNMENT FORM 

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

                          
                                         
                                         
                                         
                                         

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

 

                          
                                         
                                         
                                         
                                         

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

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

			
	Date:                                     
           	  	Your
Signature:                                       
           

  

                          
                                         
                                         
                                         
                                        

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

Signature Guarantee: 
  

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

  
 A-13 

 CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR 

REGISTRATION OF TRANSFER RESTRICTED NOTES 
 Wells
Fargo Bank, National Association 
 Attn: DAPS – Reorg 

600 South 4th Street – 7th Floor 
 Minneapolis, MN 55415 

Facsimile: (866) 969-1290 

Phone: (800) 344-5128 

Email: DAPSReorg@wellsfargo.com 
 This certificate relates to
$_________ principal amount of Notes held in (check applicable space) ____ book-entry or _____ definitive form by the undersigned. 
 The undersigned (check
one box below): 
  

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

  

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

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

CHECK ONE BOX BELOW 
  

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

  
 A-14 

					
	(6)	  	☐	  	to an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act of 1933) that has furnished to the Trustee a signed letter containing certain
representations and agreements; or
			
	(7)	  	☐	  	pursuant to another available exemption from registration provided by Rule 144 under the Securities Act of 1933.

 Unless one of the boxes is checked, the Trustee will refuse to register any of the Notes evidenced by this
certificate in the name of any Person other than the registered holder thereof; provided, however, that if box (5), (6) or (7) is checked, the Issuers or the Trustee may require, prior to registering any such transfer of the
Notes, such legal opinions, certifications and other information as the Issuers or the Trustee have reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act of 1933. 
  

			
	Date:                                     
           	  	Your
Signature:                                       
                   

  

                          
                                         
                                         
                                         
                                    

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

Signature Guarantee: 
  

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

  
 A-15 

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

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

			
	Date:                                     
           	  	                                      
                                         
                 
		  	NOTICE: To be executed by an executive officer

  
 A-16 

 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

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

  

									
	 Date of Exchange
	  	 Amount of decrease in
Principal Amount of this
Global
Note
	  	 Amount of increase in
Principal Amount of this
Global
Note
	  	 Principal amount of this
Global Note following

such decrease or

increase
	  	 Signature of authorized
signatory of Trustee or
Notes
Custodian

  
 A-17 

 OPTION OF HOLDER TO ELECT PURCHASE 

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

$ 
  

			
	Date:                                     
           	  	Your
Signature:                                       
                   
		  	 (Sign exactly as your name appears on the other side of this Note)

  

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

  
 A-18 

 EXHIBIT B 

[FORM OF TRANSFEREE LETTER OF REPRESENTATION] 

TRANSFEREE LETTER OF REPRESENTATION 
 PRIME
SECURITY SERVICES BORROWER, LLC 
 PRIME FINANCE INC. 
 Wells
Fargo Bank, National Association 
 Attn: DAPS – Reorg 

600 South 4th Street – 7th Floor 
 Minneapolis, MN 55415 

Facsimile: (866) 969-1290 

Phone: (800) 344-5128 

Email: DAPSReorg@wellsfargo.com 
 Ladies and Gentlemen: 

This certificate is delivered to request a transfer of $[        ] principal amount of the 6.250%
Second-Priority Senior Secured Notes due 2028 (the “Notes”) of PRIME SECURITY SERVICES BORROWER, LLC and PRIME FINANCE INC. (collectively with their successors and assigns, the “Issuers”). 

Upon transfer, the Notes would be registered in the name of the new beneficial owner as follows: 

Name:                         
                  

Address:                        
                           

Taxpayer ID
Number:                                        
       
 The undersigned represents and warrants to you that: 

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

2. We understand that the Notes have not been registered under the Securities Act and, unless so registered, may not be sold except as
permitted in the following sentence. We agree on our own behalf and on behalf of any investor account for which we are 

  
 B-1 

 
purchasing Notes to offer, sell or otherwise transfer such Notes prior to the date that is one year after the later of the date of original issue and the last date on which either of the Issuers
or any affiliate of the Issuers was the owner of such Notes (or any predecessor thereto) (the “Resale Restriction Termination Date”) only (a) in the United States to a person whom we reasonably believe is a qualified
institutional buyer (as defined in rule 144A under the Securities Act) in a transaction meeting the requirements of Rule 144A, (b) outside the United States in an offshore transaction in accordance with Rule 904 of Regulation S under the
Securities Act, (c) pursuant to an exemption from registration under the Securities Act provided by Rule 144 thereunder (if applicable) or (d) pursuant to an effective registration statement under the Securities Act, in each of cases
(a) through (d) in accordance with any applicable securities laws of any state of the United States. In addition, we will, and each subsequent holder is required to, notify any purchaser of the Note evidenced hereby of the resale
restrictions set forth above. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date. If any resale or other transfer of the Notes is proposed to be made to an institutional “accredited
investor” prior to the Resale Restriction Termination Date, the transferor shall deliver a letter from the transferee substantially in the form of this letter to the Issuers and the Trustee, which shall provide, among other things, that the
transferee is an institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act and that it is acquiring such Notes for investment purposes and not for distribution in
violation of the Securities Act. Each purchaser acknowledges that the Issuers and the Trustee reserve the right prior to the offer, sale or other transfer prior to the Resale Restriction Termination Date of the Notes pursuant to clause 1(b), 1(c) or
1(d) above to require the delivery of an opinion of counsel, certifications or other information satisfactory to the Issuers and the Trustee. 
 Dated:
____________________ 
  

	
	TRANSFEREE: ____________________,
	
	By:                                     
                           

  
 B-2 

 EXHIBIT C 

[FORM OF SUPPLEMENTAL INDENTURE] 

SUPPLEMENTAL INDENTURE 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of [        ], among
[SUBSIDIARY GUARANTOR] (the “New Subsidiary Guarantor”), a subsidiary of PRIME SECURITY SERVICES BORROWER, LLC (or its successor), a limited liability company organized under the laws of Delaware (the “Company”),
and PRIME FINANCE INC. (or its successor), a corporation incorporated under the laws of Delaware (the “Co-Issuer” and, together with the Company, the “Issuers”), and WELLS
FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trustee and collateral agent under the indenture referred to below (the “Trustee”). 

W I T N E S S E T H : 
 WHEREAS
the Issuers, certain Subsidiary Guarantors and the Trustee have heretofore executed an indenture, dated as of January 28, 2020 (as amended, supplemented or otherwise modified, the “Indenture”), providing for the issuance of the
Issuers’ 6.250% Second-Priority Senior Secured Notes due 2028 (the “Notes”), initially in the aggregate principal amount of $1,300,000,000; 

WHEREAS Sections 4.11 and 12.06 of the Indenture provide that under certain circumstances the Issuers are required to cause the New
Subsidiary Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Subsidiary Guarantor shall unconditionally guarantee all the Issuers’ Obligations under the Notes and the Indenture pursuant to a
Subsidiary Guarantee on the terms and conditions set forth herein; and 
 WHEREAS pursuant to Section 9.01 of the Indenture, the
Trustee and the Issuers are authorized to execute and deliver this Supplemental Indenture; 
 NOW THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Subsidiary Guarantor, the Issuers and the Trustee mutually covenant and agree for the equal and ratable benefit of the holders of the Notes
as follows: 
 1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital
hereto are used herein as therein defined, except that the term “holders” in this Supplemental Indenture shall refer to the term “holders” as defined in the Indenture and the Trustee acting on behalf of and for the
benefit of such holders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to
any particular Section hereof. 
 2. Agreement to Guarantee. The New Subsidiary Guarantor hereby agrees, jointly and severally with
all existing Subsidiary Guarantors (if any), to unconditionally guarantee the Issuers’ Obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in Article XII of the Indenture and to be bound by
all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture. 

  
 C-1 

 3. Notices. All notices or other communications to the New Subsidiary Guarantor shall
be given as provided in Section 13.01 of the Indenture. 
 4. Ratification of Indenture; Supplemental Indentures Part of
Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of
the Indenture for all purposes, and every holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
 5.
Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. 

6. Trustee Makes No Representation. The Trustee makes no representation as to the validity or sufficiency of this Supplemental
Indenture. 
 7. Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an
original, but all of them together represent the same agreement. 
 8. Effect of Headings. The Section headings herein are for
convenience only and shall not affect the construction thereof. 
 [Remainder of page intentionally left blank.] 

  
 C-2 

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

			
	PRIME SECURITY SERVICES BORROWER, LLC
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	PRIME FINANCE INC.
		
	By:	 	 
		 	Name:
		 	Title:

  

			
	[SUBSIDIARY GUARANTOR]
		
	By:	 	 
		 	Name:
		 	Title:

  
 C-3 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Trustee
		
	By:	 	 
		 	Name: [    ]
		 	Title: [    ]

  
 C-4EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
 COLLATERAL AGREEMENT (SECOND LIEN)

 dated and effective as of 

January 28, 2020 
 among 

PRIME SECURITY SERVICES BORROWER, LLC, 

as Issuer, 
 PRIME FINANCE INC.,

 as Co-Issuer, 

each Subsidiary Guarantor 
 party
hereto 
 and 
 WELLS FARGO
BANK, NATIONAL ASSOCIATION, 
 as Collateral Agent 

AS SET FORTH MORE FULLY IN SECTION 5.18 HEREOF, THIS COLLATERAL 

AGREEMENT (SECOND LIEN) IS SUBJECT TO THE 

PROVISIONS OF (I) THE EXISTING FIRST LIEN/SECOND LIEN ICA AND (II)

ANY OTHER “INTERCREDITOR AGREEMENT” AS DEFINED HEREIN 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	Page	 
	ARTICLE I	  			
		
	Definitions	  			
			
	 SECTION 1.01.
	  	Notes Indenture	  	 	2	 
	 SECTION 1.02.
	  	Other Defined Terms	  	 	2	 
		
	ARTICLE II	  			
		
	Pledge of Securities	  			
			
	 SECTION 2.01.
	  	Pledge	  	 	10	 
	 SECTION 2.02.
	  	Delivery of the Pledged Collateral	  	 	11	 
	 SECTION 2.03.
	  	Representations, Warranties and Covenants	  	 	12	 
	 SECTION 2.04.
	  	Certification of Limited Liability Company and Limited Partnership Interests	  	 	14	 
	 SECTION 2.05.
	  	Registration in Nominee Name; Denominations	  	 	15	 
	 SECTION 2.06.
	  	Voting Rights; Dividends and Interest, Etc.	  	 	15	 
		
	ARTICLE III	  			
		
	Security Interests in Other Personal Property	  			
			
	 SECTION 3.01.
	  	Security Interest	  	 	18	 
	 SECTION 3.02.
	  	Representations and Warranties	  	 	20	 
	 SECTION 3.03.
	  	Covenants	  	 	23	 
	 SECTION 3.04.
	  	Other Actions	  	 	25	 
	 SECTION 3.05.
	  	Covenants Regarding Patent, Trademark and Copyright Collateral	  	 	26	 
		
	ARTICLE IV	  			
		
	Remedies	  			
			
	 SECTION 4.01.
	  	Remedies Upon Default	  	 	27	 
	 SECTION 4.02.
	  	Application of Proceeds	  	 	29	 
	 SECTION 4.03.
	  	Securities Act, Etc.	  	 	31	 
		
	ARTICLE V	  			
		
	Miscellaneous	  			
			
	 SECTION 5.01.
	  	Notices	  	 	31	 
	 SECTION 5.02.
	  	Security Interest Absolute	  	 	32	 

							
	 SECTION 5.03.
	  	Limitation By Law	  	 	32	 
	 SECTION 5.04.
	  	Binding Effect; Several Agreements	  	 	32	 
	 SECTION 5.05.
	  	Successors and Assigns	  	 	32	 
	 SECTION 5.06.
	  	Collateral Agent’s Fees and Expenses; Indemnification	  	 	33	 
	 SECTION 5.07.
	  	Collateral Agent Appointed Attorney-in-Fact	  	 	33	 
	 SECTION 5.08.
	  	Governing Law	  	 	34	 
	 SECTION 5.09.
	  	Waivers; Amendment	  	 	34	 
	 SECTION 5.10.
	  	WAIVER OF JURY TRIAL	  	 	35	 
	 SECTION 5.11.
	  	Severability	  	 	35	 
	 SECTION 5.12.
	  	Counterparts	  	 	35	 
	 SECTION 5.13.
	  	Headings	  	 	36	 
	 SECTION 5.14.
	  	Jurisdiction; Consent to Service of Process	  	 	36	 
	 SECTION 5.15.
	  	Termination or Release	  	 	37	 
	 SECTION 5.16.
	  	Additional Subsidiaries	  	 	38	 
	 SECTION 5.17.
	  	General Authority of the Collateral Agent	  	 	38	 
	 SECTION 5.18.
	  	Subject to Intercreditor Agreements; Conflicts	  	 	39	 
	 SECTION 5.19.
	  	Other Second Lien Obligations	  	 	39	 
	 SECTION 5.20.
	  	Person Serving as Collateral Agent	  	 	40	 
	 SECTION 5.21.
	  	Rights and Privileges of Collateral Agent	  	 	41	 

 Schedules 
  

			
	Schedule I	  	Subsidiary Guarantors
	Schedule II	  	Pledged Stock; Pledged Debt
	Schedule III	  	Intellectual Property
	Schedule IV	  	Commercial Tort Claims
	Schedule V	  	Post-Closing Collateral-Related Matters

 Exhibits 

 

			
	Exhibit I	  	Form of Supplement to the Collateral Agreement (Second Lien)
	Exhibit II	  	Form of Notice of Grant of Security Interest (Second Lien) in Intellectual Property
	Exhibit III	  	Form of Other Second Lien Secured Party Consent

 COLLATERAL AGREEMENT (SECOND LIEN), dated and effective as of January 28, 2020 (this
“Agreement”), is among PRIME SECURITY SERVICES BORROWER, LLC (the “Issuer”), PRIME FINANCE INC. (the “Co-Issuer), each
Subsidiary Guarantor and WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent for the Secured Parties referred to herein (together with its successors and assigns in such capacity, the “Collateral
Agent”). 
 PRELIMINARY STATEMENT 

Reference is made to the First Lien/Second Lien Intercreditor Agreement, dated as of July 1, 2015 (as may be amended, restated,
supplemented, replaced or otherwise modified from time to time, including pursuant to the Consent and Acknowledgment (as defined below), the “Existing First Lien/Second Lien ICA”), by and between Barclays Bank PLC, as First
Lien Facility Agent and the Applicable First Lien Agent (as each term is defined therein), Wells Fargo Bank, National Association, as Second Lien Facility Agent and the Applicable Second Lien Agent (as each term is defined therein). Pursuant to the
Existing First Lien/Second Lien ICA, the Liens upon and security interests in the Collateral granted by this Agreement are and shall be subordinated in the manner provided in the Existing First Lien/Second Lien ICA to the Liens upon and security
interests in the Collateral granted to secure the First Lien Obligations. 
 Reference is further made to (a) that certain Indenture,
dated as of the date hereof (as may be amended, restated, supplemented, refinanced, replaced or otherwise modified from time to time, the “Notes Indenture”), among the Issuer, the
Co-Issuer and Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”) and the Collateral Agent, pursuant to which the Issuer and the Co-Issuer issued $1,300,000,000 of 6.25% Second Priority Senior Secured Notes due 2028 (together with any Additional Notes, the “Notes”), and (b) that certain Consent and Acknowledgment,
dated as of the date hereof (“Consent and Acknowledgment”) entered into by the Trustee, in its capacity as the Second Lien Facility Agent and the Applicable Second Lien Agent (each as defined in the Existing First Lien/Second
Lien ICA), with respect to the Existing First Lien/Second Lien ICA, pursuant to which the Notes Secured Obligations are designated as the Second Lien Facility Obligations under (and as defined in) the Existing First Lien/Second Lien ICA. 

Each Pledgor is executing and delivering this Agreement pursuant to the terms of the Notes Indenture to induce the Trustee to enter into the
Notes Indenture and to induce the noteholders to purchase the Notes. The Subsidiary Guarantors, as Affiliates of the Issuer, will derive substantial benefits from the purchase of the Notes from the Issuer pursuant to the Notes Indenture. The
Subsidiary Guarantors are willing to execute and deliver this Agreement in order to induce the Trustee to enter into the Notes Indenture and to induce the noteholders to purchase the Notes. Therefore, to induce the Trustee to enter into the Notes
Indenture, to induce the noteholders to purchase the Notes and to induce the holders of any Other Second Lien Obligations to make extensions of credit under the applicable Other Second Lien Agreements, as applicable, the parties hereto agree as
follows: 

 ARTICLE I 

Definitions 

SECTION 1.01. Notes Indenture. (a) Capitalized terms used in this Agreement and not otherwise defined herein have
the respective meanings assigned thereto in the Notes Indenture. All terms defined in Article 9 of the New York UCC (as defined herein) and not defined in this Agreement or the Notes Indenture have the meanings specified therein. The term
“instrument” shall have the meaning specified in Article 9 of the New York UCC. 
 (b) The rules of construction
specified in Section 1.03 of the Notes Indenture also apply to this Agreement. 
 SECTION 1.02. Other Defined Terms.
As used in this Agreement, the following terms have the meanings specified below: 
 “Account Debtor”
means any person who is or who may become obligated to any Pledgor under, with respect to or on account of an Account, Chattel Paper or General Intangibles. 

“Agreement” has the meaning assigned to such term in the introductory paragraph of this agreement, as amended,
restated, supplemented or otherwise modified from time to time. 
 “Applicable Collateral Agent” means, as the
context may require, (a) prior to the Discharge of First Lien Obligations , the Applicable First Lien Agent (as defined in the Existing First Lien/Second Lien ICA (or analogous term in any other then-applicable First Lien/Second Lien
Intercreditor Agreement)), and (b) following the Discharge of First Lien Obligations, the Collateral Agent (or other such agent that is designated as the “Applicable Authorized Agent” (or analogous term) pursuant to any
then-applicable Intercreditor Agreement). 
 “Article 9 Collateral”
has the meaning assigned to such term in Section 3.01. 
 “Authorized Representative” means
(a) the Trustee with respect to the Notes Secured Obligations and (b) with respect to any Series of Other Second Lien Obligations, the duly authorized representative of the Other Second Lien Secured Parties of such Series designated as
“Authorized Representative” for such Other Second Lien Secured Parties in the Other Second Lien Agreement for such Series (or, in the absence of such designation, the administrative agent or trustee appointed for such Series under such
Other Second Lien Agreement). 
 “Co-Issuer” has the meaning assigned to
such term in the introductory paragraph of this Agreement. 

  
 2 

 “Collateral” means Article 9 Collateral and
Pledged Collateral. For the avoidance of doubt, the term Collateral does not include any Excluded Property. 
 “Collateral
Agent” has the meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Commodity Exchange
Act” shall mean the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. 

“Consent and Acknowledgment” has the meaning assigned to such term in the preliminary statement of this Agreement.

 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a person, whether through the ownership of voting securities, by contract or otherwise, and “Controlling” and “Controlled” shall have meanings correlative thereto. 

“Copyright License” means any written agreement, now or hereafter in effect, granting any right to any
Pledgor under any Copyright now or hereafter owned by any third party, and all rights of any Pledgor under any such agreement (including any such rights that such Pledgor has the right to license). 

“Copyrights” means all of the following: (a) all copyright rights in any work subject to the
copyright laws of the United States or any other country, whether as author, assignee, transferee or otherwise, (b) all registrations and applications for registration of any such Copyright in the United States or any other country, including
registrations, supplemental registrations and pending applications for registration in the United States Copyright Office and the right to obtain all renewals thereof, including those listed on Schedule III,
(c) all claims for, and rights to sue for, past or future infringements of any of the foregoing, and (d) all income, royalties, damages and payments now or hereafter due and payable with respect to any of the foregoing, including
damages and payments for past or future infringement thereof. 
 “Discharge” has the meaning assigned to such term
in the Existing First Lien/Second Lien ICA (or analogous term in any other then-applicable First Lien/Second Lien Intercreditor Agreement). 

“Dispose” or “Disposed of” shall mean to convey, sell, lease, sell and leaseback, assign, farm-out, transfer or otherwise dispose of any property, business or asset (including the issuance of Equity Interests by a Subsidiary). The term “Disposition” shall have a correlative
meaning to the foregoing. 
 “Existing First Lien/Second Lien ICA” has the meaning assigned to such term in the
preliminary statement of this Agreement. 

  
 3 

 “Equity Interests” of any person means any and all shares,
interests, rights to purchase or otherwise acquire, warrants, options, participations or other equivalents of or interests in (however designated) equity or ownership of such person, including any preferred stock, any limited or general partnership
interest and any limited liability company membership interest, and any securities or other rights or interests convertible into or exchangeable for any of the foregoing. 

“Event of Default” means an “Event of Default” under and as defined in the Notes Indenture or any Other
Second Lien Agreement. 
 “Excluded Property” means, (a) with respect to all Secured Obligations,
“Excluded Property” under and as defined in the Notes Indenture and (b) with respect to any Series of Other Second Lien Obligations, the term “Excluded Property” includes any Specified Excluded Collateral with respect to
such Series of Other Second Lien Obligations; provided that the Issuer may in its sole discretion elect to exclude any property from the definition of Excluded Property. 

“Excluded Swap Obligation” shall mean, with respect to any Pledgor, any Hedging Obligations if, and to the extent
that, all or a portion of the guarantee of such Pledgor of, or the grant by such Pledgor of a security interest to secure, such Hedging Obligations (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 Pledgor’s failure for any reason to constitute an “eligible contract participant” as
defined in the Commodity Exchange Act and the regulations thereunder at the time the guarantee of such Pledgor or the grant of such security interest becomes effective with respect to such Hedging Obligations, unless otherwise agreed between the
Collateral Agent and the Issuer. If a Hedging Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Hedging Obligation that is attributable to swaps for which such guarantee
or security interest is or becomes illegal. 
 “Federal Securities Laws” has the meaning assigned to
such term in Section 4.03. 
 “First Lien Obligations” has the meaning assigned to such term in the Existing
First Lien/Second Lien ICA (or analogous term in any other First Lien/Second Lien Intercreditor Agreement). 
 “First Lien/Second
Lien Intercreditor Agreement” means, as the context may require, (i) the Existing First Lien/Second Lien ICA or (ii) another intercreditor agreement that satisfies the requirements of the definition of the
“First Lien/Second Lien Intercreditor Agreement” in the Notes Indenture, with such changes as are reasonably acceptable to the Collateral Agent and the Issuer, as such document may be amended, renewed, extended, supplemented, restated,
replaced or otherwise modified from time to time. 
 “General Intangibles” means all “general
intangibles” as defined in the New York UCC, including all choses in action and causes of action and all other intangible personal property of any Pledgor of every kind and nature (other than Accounts) now owned or hereafter acquired by
any Pledgor, including corporate or other business records, 

  
 4 

 
indemnification claims, contract rights (including rights under leases, whether entered into as lessor or lessee, swap agreements and other agreements), Intellectual Property, goodwill,
registrations, franchises, tax refund claims and any guarantee, claim, security interest or other security held by or granted to any Pledgor to secure payment by an Account Debtor of any of the Accounts. 

“Governmental Authority” means any federal, state, local or foreign court or governmental agency, authority,
instrumentality or regulatory or legislative body. 
 “Intellectual Property” means all intellectual
property of every kind and nature of any Pledgor, whether now owned or hereafter acquired by any Pledgor, including, inventions, designs, Patents, Copyrights, Trademarks, Patent Licenses, Copyright Licenses, Trademark Licenses, trade secrets, domain
names, confidential or proprietary technical and business information, know-how, show-how or other data or information and all related documentation. 

“Intellectual Property Collateral” has the meaning assigned to such term in Section 3.02(f). 

“Intercreditor Agreements” means the First Lien/Second Lien Intercreditor Agreement and any other intercreditor
agreement (upon and during the effectiveness thereof) entered into in compliance with the Notes Indenture and each Other Second Lien Agreement (if any). 

“IP Agreements” means all material Copyright Licenses, Patent Licenses and Trademark Licenses, including, without
limitation, the agreements set forth on Schedule III hereto. 
 “Issuer” has the meaning assigned to such
term in the introductory paragraph of this Agreement. 
 “Material Adverse Effect” means a material adverse effect
on the business, property, operations or financial condition of the Issuer and its Subsidiaries, taken as a whole, or the validity or enforceability of any of the Notes Documents or Other Second Lien Agreements or the rights and remedies of the
Secured Parties thereunder. 
 “New York UCC” means the Uniform Commercial
Code as from time to time in effect in the State of New York. 
 “Notes” has the meaning assigned to such term
in the preliminary statement of this Agreement. 
 “Notes Documents” means (a) the Notes Indenture, the Notes,
the Security Documents and (b) any other related documents or instruments executed and delivered pursuant to the documents referred to in the foregoing clause (a), in each case, as such documents or instruments may be amended, restated,
supplemented or otherwise modified from time to time. 

  
 5 

 “Notes Indenture” has the meaning assigned to such term in the
preliminary statement of this Agreement. 
 “Notes Secured Obligations” means the “Notes Obligations” as
defined in the Notes Indenture. 
 “Notes Secured Parties” means, collectively, the Collateral Agent, the Trustee
and each holder of the Notes. 
 “Notices of Grant of Security Interest in Intellectual Property”
means the notices of grant of security interest substantially in the form attached hereto as Exhibit II or such other form as shall be reasonably acceptable to the Collateral Agent. 

“Other Second Lien Agreement” means any credit agreement, indenture (other than the Notes Indenture) or other
agreement, document or instrument pursuant to which any Pledgor has or will incur Other Second Lien Obligations; provided that, in each case, the indebtedness thereunder has been designated as Other Second Lien Obligations pursuant to and in
accordance with Section 5.19. 
 “Other Second Lien Obligations” means (a) the due and punctual payment by
any Pledgor of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such
proceeding) on indebtedness under any Other Second Lien Agreement, 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 such Pledgor to any
Secured Party under any Other Second Lien Agreement, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary
obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable as a claim in such proceeding), (b) the due and punctual performance of all other
obligations of such Pledgor under or pursuant to any Other Second Lien Agreement, and (c) the due and punctual payment and performance of all the obligations of each other Pledgor under or pursuant to any Other Second Lien Agreement.
Notwithstanding the foregoing, for all purposes of the Notes Documents and any Other Second Lien Agreements, any guarantee of, or grant of a Lien to secure, any obligations in respect of a Hedging Agreement by a Pledgor shall not include any
Excluded Swap Obligations. 
 “Other Second Lien Secured Parties” means, collectively, the holders of Other Second
Lien Obligations and any Authorized Representative with respect thereto. 
 “Other Second Lien Secured Party
Consent” means a consent substantially in the form of Exhibit III to this Agreement (or such other form as shall be reasonably acceptable to the Collateral Agent) executed by the Authorized Representative of any holders of Other
Second Lien Obligations pursuant to Section 5.19. 

  
 6 

 “Patent License” means any written agreement, now or
hereafter in effect, granting to any Pledgor any right to make, use or sell any invention covered by a Patent, now or hereafter owned by any third party (including any such rights that such Pledgor has the right to license). 

“Patents” means all of the following: (a) all patents of the United States or the equivalent
thereof in any other country or jurisdiction, including those listed on Schedule III, and all applications for patents of the United States or the equivalent thereof in any other country or jurisdiction, including those
listed on Schedule III, (b) all provisionals, reissues, extensions, continuations, divisions, continuations-in-part, reexaminations
or revisions thereof, and the inventions disclosed or claimed therein, including the right to make, use, import and/or sell the inventions disclosed or claimed therein, (c) all claims for, and rights to sue for, past or future infringements of
any of the foregoing and (d) all income, royalties, damages and payments now or hereafter due and payable with respect to any of the foregoing, including damages and payments for past or future infringement thereof. 

“Permitted Liens” means Liens that are not prohibited by the Notes Indenture or any Other Second Lien Agreement. 

“Pledged Collateral” has the meaning assigned to such term in Section 2.01(e). 

“Pledged Debt” has the meaning assigned to such term in Section 2.01(b). 

“Pledged Securities” means any promissory notes, stock certificates or other certificated securities now
or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral. 

“Pledged Stock” has the meaning assigned to such term in Section 2.01(a). 

“Pledgor” means (a) with respect to the Notes Secured Obligations, the Issuer, the
Co-Issuer and each Subsidiary Guarantor; and (b) with respect to any Series of Other Second Lien Obligations, the Issuer, the Co-Issuer and each Subsidiary
Guarantor, excluding any of the foregoing if such Person or Persons are not intended to provide collateral with respect to such Series pursuant to the terms of the Other Second Lien Agreement governing such Series. 

“Prior Collateral Agent” has the meaning assigned to such term in Section 5.20. 

“Proceeds” means “proceeds” as such term is defined in Article 9 of the New York UCC and, in any event, also
includes all proceeds of, and all other profits, products, rents or receipts, in whatever form, arising from the collection, sale, lease, exchange, assignment, licensing or other disposition of, or other realization upon, any Collateral, including
all claims of the relevant Pledgor against third parties for loss of, damage to or destruction of, or for proceeds payable under, or unearned premiums with respect to, policies of insurance in respect of, any Collateral, and any condemnation or
requisition payments with respect to any Collateral. 

  
 7 

 “Regulation S-X Excluded
Collateral” has the meaning assigned to such term in Section 2.01. 
 “Related Parties” shall
mean, with respect to any specified person, such person’s Controlled or Controlling Affiliates and the respective directors, trustees, officers, employees, agent and advisors of such person and such person’s Controlled or Controlling
Affiliates. 
 “Rule 3-10” has the meaning assigned to such term in
Section 2.01. 
 “Rule 3-16” has the meaning assigned to such term in
Section 2.01. 
 “SEC” has the meaning assigned to such term in Section 2.01. 

“Secured Obligations” means, collectively, the Notes Secured Obligations and any Other Second Lien Obligations, or any
of the foregoing. Notwithstanding the foregoing, for all purposes of the Notes Documents and any Other Second Lien Agreements, any guarantee of, or grant of a Lien to secure, any obligations in respect of a Hedging Agreement by a Pledgor shall not
include any Excluded Swap Obligations. 
 “Secured Parties” means the persons holding any Secured Obligations
and in any event including (i) the Notes Secured Parties and (ii) all Other Second Lien Secured Parties. 
 “Security
Documents” has the meaning assigned to such term in the Notes Indenture and any analogous term in any Other Second Lien Agreement (but, with respect to the Secured Obligations of any Series, the term Security Documents shall not include
any document which by its terms is solely for the benefit of the holders of one or more other Series of Secured Obligations and not such Series of Secured Obligations). 

“Security Interest” has the meaning assigned to such term in Section 3.01. 

“Series” means (a) with respect to any Secured Parties, each of (i) the Notes Secured Parties (in their
capacities as such) and (ii) each group of Other Second Lien Secured Parties that become subject to this Agreement, the First Lien/Second Lien Intercreditor Agreement, if applicable, or any other applicable Intercreditor Agreement after the
date hereof, which are to be represented hereunder by a common Authorized Representative (in its capacity as such for such Other Second Lien Secured Parties), each of which shall constitute a separate Series of Secured Parties for purposes of this
Agreement and (b) with respect to any Secured Obligations, each of (i) the Notes Secured Obligations and (ii) each group of Other Second Lien Obligations incurred pursuant to any Other Second Lien Agreement, which are to be
represented hereunder by a common Authorized Representative (in its capacity as such for such Other Second Lien Obligations), each of which shall constitute a separate Series of Secured Obligations for purposes of this Agreement. 

  
 8 

 “Specified Excluded Collateral” means, solely with respect to any
Series of Other Second Lien Obligations, any asset (in addition to those specified in clause (a) of the definition of “Excluded Property”) that is not intended to be collateral with respect to such Series pursuant to the terms of the
Other Second Lien Agreement governing such Series (including the Regulation S-X Excluded Collateral to the extent applicable to such Series in accordance with the last paragraph of Section 2.01). 

“Subsidiary Guarantor” means any Subsidiary of the Issuer set forth on
Schedule I and any Subsidiary of the Issuer that becomes a party hereto pursuant to Section 5.16 (other than, with respect to any Series of Other Second Lien Obligations, any Subsidiary of the Issuer excluded pursuant
to clause (b) of the definition of Pledgor with respect to such Series of Other Second Lien Obligations). 
 “Successor
Collateral Agent” has the meaning assigned to such term in Section 5.20. 
 “Termination Date”
means the date on which the principal of, and interest on, the Notes, and all fees and all other expenses or amounts payable under the Notes Documents have been paid in full (other than in respect of contingent indemnification and expense
reimbursement claims not then due). 
 “Trademark License” means any written agreement, now or
hereafter in effect, granting to any Pledgor any right to use any Trademark now or hereafter owned by any third party (including any such rights that such Pledgor has the right to license). 

“Trademarks” means all of the following: (a) all trademarks, service marks, corporate names, company
names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers, designs and general intangibles of like nature, now existing or hereafter adopted or acquired, all registrations thereof (if
any), and all registration and recording applications filed in connection therewith, including registrations and registration applications in the United States Patent and Trademark Office or any similar offices in any State of the United States or
any other country or any political subdivision thereof, and all renewals thereof, including those listed on Schedule III, (b) all goodwill associated with or symbolized by the foregoing, (c) all claims for,
and rights to sue for, past or future infringements, dilutions or other violations of any of the foregoing and (d) all income, royalties, damages and payments now or hereafter due and payable with respect to any of the foregoing, including
damages and payments for past or future infringement, dilutions or other violations thereof. 
 “Trustee” has the
meaning assigned to such term in the preliminary statement of this Agreement. 

  
 9 

 ARTICLE II 

Pledge of Securities 

SECTION 2.01. Pledge. As security for the payment or performance, as the case may be, in full of the Secured Obligations,
each Pledgor hereby assigns and pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and hereby grants to the Collateral Agent, its successors and permitted assigns, for the benefit of the
Secured Parties, a security interest in all of such Pledgor’s right, title and interest in, to and under: 
 (a) the Equity Interests
directly owned by it (including those listed on Schedule II) and any other Equity Interests obtained in the future by such Pledgor and any certificates representing all such Equity Interests (collectively, the
“Pledged Stock”); provided that the Pledged Stock shall not include any Excluded Property; 
 (b)
(i) the debt obligations listed opposite the name of such Pledgor on Schedule II, (ii) any debt obligations in the future issued to such Pledgor having, in the case of each instance of debt obligations, an
aggregate principal amount in excess of $10,000,000, and (iii) the certificates, promissory notes and any other instruments, if any, evidencing such debt obligations (the property described in clauses (b)(i), (ii) and (iii) above, the
“Pledged Debt”); provided that the Pledged Debt shall not include any Excluded Property; 
 (c) subject to
Section 2.06, all payments of principal or interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon the conversion of, and all other
Proceeds received in respect of the Pledged Stock and the Pledged Debt; 
 (d) subject to Section 2.06, all rights and privileges of
such Pledgor with respect to the Pledged Stock, Pledged Debt and other property referred to in clause (c) above; and 
 (e) all
Proceeds of any of the foregoing (the Pledged Stock, Pledged Debt and other property referred to in this clause (e) and in clauses (c) through (d) above being collectively referred to as the “Pledged
Collateral”); provided that the Pledged Collateral shall not include any Excluded Property. 
 TO HAVE AND TO HOLD the
Pledged Collateral, together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, forever;
subject, however, to the terms, covenants and conditions hereinafter set forth. 
 Notwithstanding anything else contained in this
Agreement, to the extent this paragraph is expressly made applicable with respect to any Series of Other Second Lien Obligations pursuant to the terms of any Other Second Lien Agreement, with respect to such Series of Other Second Lien Obligations,
in the event that Rule 3-10 (“Rule 3-10”) or Rule 3-16 (“Rule
3-16”) of Regulation S-X under the Securities Act of 1933, as amended, as amended, modified or interpreted by the Securities Exchange Commission
(“SEC”), would then require (or is replaced with another rule or regulation, or any other law, rule or regulation is adopted, which would then require) the filing with the SEC (or any other Governmental Authority) of separate
financial statements of the Issuer or any 

  
 10 

 
Subsidiary of the Issuer due to the fact that such Person’s Equity Interests secure the Other Second Lien Obligations affected thereby, then the Equity Interests of such Person (the
“Regulation S-X Excluded Collateral”) will automatically be deemed not to be part of the Collateral securing the relevant Series of Other Second Lien Obligations affected thereby, as
applicable, but only to the extent necessary to not be subject to such requirement and only for so long as required to not be subject to such requirement. In such event, this Agreement may be amended or modified, without the consent of any Secured
Party, to the extent necessary to release the Lien on the Regulation S-X Excluded Collateral in favor of the Collateral Agent with respect only to the relevant Series of Other Second Lien Obligations. In the
event that Rule 3-10 or Rule 3-16 is amended, modified or interpreted by the SEC to permit (or is replaced with another rule or regulation, or any other law, rule or
regulation is adopted, which would permit) any Regulation S-X Excluded Collateral to secure the relevant Series of Other Second Lien Obligations in excess of the amount then pledged without the filing with the
SEC (or any other Governmental Authority) of separate financial statements of such Person, then the Equity Interests of such Person will automatically be deemed to be a part of the Collateral for the relevant Series of Other Second Lien Obligations.
For the avoidance of doubt and notwithstanding anything to the contrary in this Agreement, nothing in this paragraph shall limit the pledge of such Equity Interests and other securities from securing the Secured Obligations (other than the relevant
Series of Other Second Lien Obligations) at all relevant times or from securing any Series of Other Second Lien Obligations that are not in respect of securities subject to regulation by the SEC. To the extent any Proceeds of any collection or sale
of Equity Interests deemed by this paragraph to no longer constitute part of the Collateral for the relevant Series of Other Second Lien Obligations are to be applied by the Collateral Agent in accordance with Section 4.02 hereof, such Proceeds
shall, notwithstanding the terms of Section 4.02 and the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement (upon and during the effectiveness thereof), not be applied to the payment of such Series
of Other Second Lien Obligations. 
 SECTION 2.02. Delivery of the Pledged Collateral. (a) Each Pledgor agrees promptly
to deliver or cause to be delivered to the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of
any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the benefit of the Secured Parties, any and all Pledged Securities to the extent such Pledged Securities are either
(i) Equity Interests in Subsidiaries of such Pledgor or (ii) in the case of promissory notes or other instruments evidencing Indebtedness, are required to be delivered pursuant to paragraph (b) of this Section 2.02. 

(b) To the extent any Indebtedness for borrowed money constituting Pledged Collateral (other than (i) intercompany current liabilities
incurred in the ordinary course of business in connection with the cash management operations of Holdings, the Issuer and its Subsidiaries and (ii) to the extent that a pledge of such promissory note or instrument would violate applicable law)
owed to any Pledgor is evidenced by a promissory note in an amount in excess of $10,000,000, such Pledgor shall promptly cause such promissory note to be pledged and delivered to the Applicable Collateral Agent (acting as gratuitous bailee for the
Collateral Agent for perfection purposes, pursuant to Section 5.5 

  
 11 

 
of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the
benefit of the Secured Parties, pursuant to the terms hereof. To the extent any such promissory note is a demand note, each Pledgor party thereto agrees, if requested by the Applicable Collateral Agent, to immediately demand payment thereunder upon
an Event of Default specified under Section 6.01(a), (b), (f) or (g) of the Notes Indenture or any equivalent provision under any Other Second Lien Agreement, unless such demand would not be commercially reasonable or would otherwise
expose such Pledgor to liability to the maker. 
 (c) Upon delivery to the Applicable Collateral Agent, (i) any Pledged Securities
required to be delivered pursuant to the foregoing paragraphs (a) and (b) of this Section 2.02 shall be accompanied by stock powers or note powers, as applicable, duly executed in blank or other instruments of transfer reasonably
satisfactory to the Applicable Collateral Agent, and by such other instruments and documents as the Applicable Collateral Agent may reasonably request and (ii) all other property comprising part of the Pledged Collateral delivered pursuant to
the terms of this Agreement shall be accompanied to the extent necessary to perfect the security interest in or allow realization on the Pledged Collateral by proper instruments of assignment duly executed by the applicable Pledgor and such other
instruments or documents (including issuer acknowledgments in respect of uncertificated securities) as the Applicable Collateral Agent may reasonably request. Each delivery of Pledged Securities shall be accompanied by a schedule describing the
securities, which schedule shall be attached hereto as Schedule II (or a supplement to Schedule II, as applicable) and made a part hereof; provided that failure to attach any such schedule
hereto shall not affect the validity of such pledge of such Pledged Securities. Each schedule so delivered shall supplement any prior schedules so delivered. 

SECTION 2.03. Representations, Warranties and Covenants. The Pledgors, jointly and severally, represent, warrant and
covenant to and with the Collateral Agent, for the benefit of the Secured Parties, that: 
 (a)
Schedule II correctly sets forth (and, with respect to any Pledged Stock issued by an issuer that is not a subsidiary of the Issuer, correctly sets forth, to the knowledge of the relevant Pledgor), as of the Issue Date, the
percentage of the issued and outstanding units of each class of the Equity Interests of the issuer thereof represented by the Pledged Stock and includes (i) all Equity Interests pledged hereunder and (ii) all debt obligations and
promissory notes or instruments evidencing Indebtedness, in each case under this clause (ii) pledged hereunder and in an aggregate principal amount in excess of $10,000,000; 

(b) the Pledged Stock and Pledged Debt (and, with respect to any Pledged Stock or Pledged Debt issued by an issuer that is not
a subsidiary of the Issuer, to the knowledge of the relevant Pledgor), as of the Issue Date, (x) have been duly and validly authorized and issued by the issuers thereof and (y) (i) in the case of Pledged Stock, are fully paid and, with
respect to Equity Interests constituting capital stock of a corporation, nonassessable and (ii) in the case of Pledged Debt, are legal, valid and binding obligations of the issuers thereof, subject

  
 12 

 
to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights generally, general equitable
principles (whether considered in a proceeding at law or in equity) and an implied covenant of good faith and fair dealing; 

(c) except for the security interests granted hereunder (or otherwise not prohibited by the Notes Documents or any Other Second
Lien Agreement), each Pledgor (i) is and, subject to any transfers made not in violation of the Notes Indenture or any Other Second Lien Agreement, will continue to be the direct owner, beneficially and of record, of the Pledged Securities
indicated on Schedule II (as may be supplemented from time to time pursuant to Section 2.02(c)) as owned by such Pledgor, (ii) holds the same free and clear of all Liens, other than Permitted Liens,
(iii) will make no assignment, pledge, hypothecation or transfer of, or create or permit to exist any security interest in or other Lien on, the Pledged Collateral, other than pursuant to a transaction not prohibited by the Notes Indenture or
any Other Second Lien Agreement and other than Permitted Liens and (iv) subject to the rights of such Pledgor under the Notes Documents and any Other Second Lien Agreement to Dispose of Pledged Collateral, will use commercially
reasonable efforts to defend its title or interest thereto or therein against any and all Liens (other than Permitted Liens), however arising, of all persons; 

(d) other than as set forth in the Notes Indenture or any Other Second Lien Agreement, and except for restrictions and
limitations imposed by the Notes Documents, any Other Second Lien Agreements or securities laws generally or otherwise not prohibited by the Notes Indenture or any Other Second Lien Agreement, the Pledged Stock (other than partnership interests) is
and will continue to be freely transferable and assignable, and none of the Pledged Stock is or will be subject to any option, right of first refusal, shareholders agreement, charter, by-law, memorandum of
association or articles of association provisions or contractual restriction of any nature that might prohibit, impair, delay or otherwise affect the pledge of such Pledged Stock hereunder, the Disposition thereof pursuant hereto or the exercise by
the Collateral Agent of rights and remedies hereunder other than under applicable Requirements of Law; 
 (e) each Pledgor
has the power and authority to pledge the Pledged Collateral pledged by it hereunder in the manner hereby done or contemplated; 

(f) other than as set forth in the Notes Indenture, as of the Issue Date, no consent or approval of any Governmental Authority,
any securities exchange or any other person was or is necessary to the validity of the pledge effected hereby (or the transfer of the Pledged Securities upon a foreclosure thereof (other than compliance with any securities law applicable to the
transfer of securities)), in each case other than such as have been obtained and are in full force and effect; 

  
 13 

 (g) by virtue of the execution and delivery by the Pledgors of this
Agreement, when any Pledged Securities (including Pledged Stock of any Domestic Subsidiary) are delivered to the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5
of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the benefit of the Secured Parties, in accordance with
this Agreement and a financing statement naming the Collateral Agent as the secured party and covering the Pledged Collateral to which such Pledged Securities relate is filed in the appropriate filing office, the Collateral Agent will obtain, for
the benefit of the Secured Parties, a legal, valid and perfected lien upon and security interest in such Pledged Collateral under the New York UCC, subject only to Permitted Liens, as security for the payment and performance of the Secured
Obligations, to the extent such perfection is governed by the Uniform Commercial Code of any applicable jurisdiction; and 

(h) each Pledgor that is an issuer of the Pledged Collateral confirms that it has received notice of the security interest
granted hereunder and consents to such security interest and, subject to the terms of the First Lien/Second Lien Intercreditor Agreement and any other then-applicable Intercreditor Agreement, agrees to transfer record ownership of the securities
issued by it in connection with any request by the Applicable Collateral Agent if an Event of Default has occurred and is continuing. 

SECTION 2.04. Certification of Limited Liability Company and Limited Partnership Interests. 

(a) As of the Issue Date, except as set forth on Schedule II, the Equity Interests in limited liability companies
that are pledged by the Pledgors hereunder and do not have a certificate number listed on Schedule II (and, with respect to any Pledged Stock issued by an issuer that is not a subsidiary of the Issuer, to the relevant
Pledgor’s knowledge) do not constitute a security under Section 8-103 of the New York UCC or the corresponding code or statute of any other applicable jurisdiction. 

(b) The Pledgors shall at no time elect to treat any interest in any limited liability company or limited partnership Controlled by a Pledgor
and pledged hereunder as a “security” within the meaning of Article 8 of the New York UCC or issue any certificate representing such interest, unless promptly thereafter (and in any event within 30 days or such longer period as the
Collateral Agent may permit in its reasonable discretion) the applicable Pledgor provides notification to the Collateral Agent of such election and delivers, as applicable, any such certificate to the Applicable Collateral Agent (acting as
gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral
Agent is not the Collateral Agent) pursuant to the terms hereof. 

  
 14 

 SECTION 2.05. Registration in Nominee Name; Denominations.
Subject to the First Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to
Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), on behalf of the Secured Parties, shall have
the right (in its sole and absolute discretion) to hold the Pledged Securities in the name of the applicable Pledgor, endorsed or assigned in blank or in favor of the Applicable Collateral Agent or, if an Event of Default shall have occurred and be
continuing, in its own name as pledgee or the name of its nominee (as pledgee or as sub-agent). Following any continuing Event of Default, each Pledgor will promptly give to the Collateral Agent copies of any
notices or other communications received by it with respect to Pledged Securities registered in the name of such Pledgor. Subject to the First Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), if an
Event of Default shall have occurred and be continuing, the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5 of the Existing First Lien/Second Lien ICA (or
analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent) shall have the right to exchange the certificates representing Pledged Securities held by it for certificates
of smaller or larger denominations for any purpose consistent with this Agreement, the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement. Each Pledgor shall use its commercially reasonable efforts to
cause any Subsidiary that is not a party to this Agreement to comply with a request by the Applicable Collateral Agent, pursuant to this Section 2.05, to exchange certificates representing Pledged Securities of such Subsidiary for certificates
of smaller or larger denominations. 
 SECTION 2.06. Voting Rights; Dividends and Interest,
Etc. (a) Subject to the First Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), unless and until an Event of Default shall have occurred and be continuing and the
Applicable Collateral Agent shall have given written notice to the relevant Pledgors of the Applicable Collateral Agent’s intention to exercise its rights hereunder or under the First Lien/Second Lien Intercreditor Agreement and any other
applicable Intercreditor Agreement: 
 (i) Each Pledgor shall be entitled to exercise any and all voting and/or other
consensual rights and powers inuring to an owner of Pledged Collateral or any part thereof for any purpose not prohibited by the terms of this Agreement, the Notes Documents or any Other Second Lien Agreement; provided that, except as not
prohibited by the Notes Indenture or any Other Second Lien Agreement, such rights and powers shall not be exercised in any manner that could be reasonably likely to materially and adversely affect the rights and remedies of any of the Collateral
Agent or the other Secured Parties under this Agreement, any Notes Document or any Other Second Lien Agreement or the ability of the Secured Parties to exercise the same. 

  
 15 

 (ii) The Applicable Collateral Agent shall promptly execute and deliver to
each Pledgor, or cause to be executed and delivered to such Pledgor, all such proxies, powers of attorney and other instruments as such Pledgor may reasonably request for the purpose of enabling such Pledgor to exercise the voting and/or consensual
rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 2.06. 
 (iii) Each
Pledgor shall be entitled to receive and retain any and all dividends, interest, principal and other distributions paid on or distributed in respect of the Pledged Collateral to the extent and only to the extent that such dividends, interest,
principal and other distributions are not prohibited by, and otherwise paid or distributed in accordance with, the terms and conditions of the Notes Documents, any Other Second Lien Agreement and applicable laws; provided that (a) any
noncash dividends, interest, principal or other distributions, payments or other consideration in respect thereof, including any rights to receive the same to the extent not so distributed or paid, that would constitute Pledged Securities to the
extent such Pledgor has the rights to receive such Pledged Securities if they were declared, distributed and paid on the date of this Agreement, whether resulting from a subdivision, combination or reclassification of the outstanding Equity
Interests of the issuer of any Pledged Securities, received in exchange for Pledged Securities or any part thereof, or in redemption thereof, as a result of any merger, consolidation, acquisition or other exchange of assets to which such issuer may
be a party or otherwise or (b) any non-cash dividends and other distributions paid or payable in respect of any Pledged Securities that would constitute Pledged Securities to the extent such Pledgor has
the rights to receive such Pledged Securities if they were declared, distributed and paid on the date of this Agreement, in connection with a partial or total liquidation or dissolution or in connection with a reduction of capital, capital surplus
or paid in surplus, shall be and become part of the Pledged Collateral, and, if received by any Pledgor, shall not be commingled by such Pledgor with any of its other funds or property but shall be held separate and apart therefrom, shall be held in
trust for the benefit of the Collateral Agent, for the benefit of the Secured Parties, and shall be promptly delivered to the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to
Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of any other applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the benefit of the Secured Parties, in the
same form as so received (endorsed in a manner reasonably satisfactory to the Applicable Collateral Agent). 
 (b) Subject to
the First Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), upon the occurrence and during the continuance of an Event of Default and after written notice by the Applicable Collateral Agent to the
relevant Pledgors of the Applicable Collateral Agent’s intention to exercise its rights hereunder or under the First 

  
 16 

 
Lien/Second Lien Intercreditor Agreement or any other applicable Intercreditor Agreement, all rights of any Pledgor to receive dividends, interest, principal or other distributions that such
Pledgor is authorized to receive pursuant to paragraph (a)(iii) of this Section 2.06 shall cease, and all such rights shall thereupon become vested, for the benefit of the Secured Parties, in the Applicable Collateral Agent subject to the
First Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), which shall have the sole and exclusive right and authority to receive and retain such dividends, interest, principal or other distributions;
provided that the Collateral Agent shall have the right from time to time following and during the continuance of an Event of Default to permit the Pledgors to receive and retain such amounts; provided, further, that,
notwithstanding the occurrence of an Event of Default, any Pledgor may continue to exercise dividend and distribution rights solely to the extent permitted under subclause (xii) and subclause (xiii) of Section 4.04(b) of the Notes
Indenture (or equivalent provisions of any Other Second Lien Agreement). All dividends, interest, principal or other distributions received by any Pledgor contrary to the provisions of this Section 2.06 shall not be commingled by such Pledgor
with any of its other funds or property but shall be held separate and apart therefrom, shall be held in trust for the benefit of the Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant
to Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the benefit of the Secured Parties,
and shall be forthwith delivered to the Applicable Collateral Agent, for the benefit of the Secured Parties, in the same form as so received (endorsed in a manner reasonably satisfactory to the Applicable Collateral Agent). Any and all money and
other property paid over to or received by the Applicable Collateral Agent pursuant to the provisions of this paragraph (b) shall be retained by the Applicable Collateral Agent in an account to be established by the Applicable Collateral Agent
upon receipt of such money or other property and shall be applied in accordance with the provisions of Section 4.02. After all Events of Default have been cured or waived and the Issuer has delivered to the Applicable Collateral Agent a
certificate to that effect, the Applicable Collateral Agent shall promptly repay to each Pledgor (without interest) all dividends, interest, principal or other distributions that such Pledgor would otherwise be permitted to retain pursuant to the
terms of paragraph (a)(iii) of this Section 2.06 and that remain in such account. 
 (c) Subject to the First
Lien/Second Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), upon the occurrence and during the continuance of an Event of Default and after written notice by the Applicable Collateral Agent to the Issuer of the
Applicable Collateral Agent’s intention to exercise its rights hereunder, or under the First Lien/Second Lien Intercreditor Agreement or any other applicable Intercreditor Agreement, all rights of any Pledgor to exercise the voting and/or
consensual rights and powers it is entitled to exercise pursuant to paragraph (a)(i) of this Section 2.06, and the obligations of the Applicable Collateral Agent under paragraph (a)(ii) of this Section 2.06, shall cease, and all
such rights shall thereupon become vested in the 

  
 17 

 
Applicable Collateral Agent (acting as gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous
provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral Agent is not the Collateral Agent), for the benefit of the Secured Parties, which shall have the sole and exclusive right and authority to exercise such
voting and consensual rights and powers; provided that the Applicable Collateral Agent shall have the right from time to time following and during the continuance of an Event of Default to permit the Pledgors to exercise such rights. After
all Events of Default have been cured or waived and the Issuer has delivered to the Applicable Collateral Agent a certificate to that effect, each Pledgor shall have the right to exercise the voting and/or consensual rights and powers that such
Pledgor would otherwise be entitled to exercise pursuant to the terms of paragraph (a)(i) of this Section 2.06 and the obligations of the Applicable Collateral Agent under paragraph (a)(ii) of this Section 2.06 shall be in
effect. 
 ARTICLE III 

Security Interests in Other Personal Property 

SECTION 3.01. Security Interest. (a) As security for the payment or performance when due (whether at the stated
maturity, by acceleration or otherwise), as the case may be, in full of the Secured Obligations, each Pledgor hereby assigns and pledges to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, and
hereby grants to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, a security interest (the “Security Interest”) in all right, title and interest in or to any and all
of the following assets and properties now owned or at any time hereafter acquired by such Pledgor or in which such Pledgor now has or at any time in the future may acquire any right, title or interest (collectively, the
“Article 9 Collateral”): 
 (i) all Accounts; 

(ii) all Chattel Paper; 

(iii) all cash and Deposit Accounts; 

(iv) all Documents; 

(v) all Equipment; 

(vi) all Fixtures; 

(vii) all General Intangibles; 

(viii) all Instruments (other than the Pledged Collateral, which are governed by Article II); 

  
 18 

 (ix) all Inventory and all other Goods not otherwise described above; 

(x) all Investment Property (other than the Pledged Collateral, which are governed by Article II); 

(xi) all Letter of Credit Rights; 

(xii) all Commercial Tort Claims individually in excess of $10,000,000, as described on Schedule IV (as may be
supplemented from time to time pursuant to Section 3.04); 
 (xiii) all books and records pertaining to the
Article 9 Collateral; and 
 (xiv) to the extent not otherwise included, all Proceeds, Supporting Obligations and
products of any and all of the foregoing and all collateral security and guarantees given by any person with respect to any of the foregoing. 

Notwithstanding anything to the contrary in this Agreement, the other Notes Documents or any Other Second Lien Agreement, this Agreement shall not constitute
a grant of a security interest in (and the Article 9 Collateral shall not include), and the other provisions of the Notes Documents and any Other Second Lien Agreement with respect to Collateral need not be satisfied with respect to, the Excluded
Property. 
 (b) Each Pledgor hereby irrevocably authorizes the Collateral Agent at any time and from time to time to file in any relevant
jurisdiction any initial financing statements (including fixture filings) with respect to the Collateral or any part thereof and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code of each
applicable jurisdiction for the filing of any financing statement or amendment, including (i) whether such Pledgor is an organization, the type of organization and any organizational identification number issued to such Pledgor, (ii) in
the case of a financing statement filed as a fixture filing, a sufficient description of the real property to which such Collateral relates and (iii) a description of collateral that describes such property in any other manner as the Collateral
Agent may reasonably determine is necessary or advisable to ensure the perfection of the security interest in the Collateral granted under this Agreement, including describing such property as “all assets” or “all personal
property” or words of similar effect. Each Pledgor agrees to provide such information to the Collateral Agent promptly upon request. 

The Collateral Agent is further authorized to file with the United States Patent and Trademark Office or United States Copyright Office such
documents as may be reasonably necessary or advisable for the purpose of perfecting, confirming, continuing, enforcing or protecting the Security Interest granted by each Pledgor in such Pledgor’s Patents, Trademarks and Copyrights, without the
signature of such Pledgor, and naming such Pledgor or the Pledgors as debtors and the Collateral Agent as secured party. Notwithstanding anything to the contrary herein, no Pledgor shall be required to take any

  
 19 

 
action under the laws of any jurisdiction other than the United States of America (or any political subdivision thereof) and its territories and possessions for the purpose of perfecting the
Security Interest in any Article 9 Collateral of such Pledgor constituting Patents, Trademarks or Copyrights or any other assets. 

(c) The Security Interest is granted as security only and shall not subject the Collateral Agent or any other Secured Party to, or in any way
alter or modify, any obligation or liability of any Pledgor with respect to or arising out of the Article 9 Collateral. 
 (d)
Notwithstanding anything to the contrary in this Agreement, (A) the Collateral Agent, at the direction of each Authorized Representative, may grant extensions of time or waiver of the requirement for the creation or perfection of security
interests or the obtaining of insurance (including title insurance or surveys with respect to particular assets) (including extensions beyond the Issue Date for the perfection of security interests in the assets of the Issuer, the Co-Issuer or the Subsidiary Guarantors on such date) where it reasonably determines, in consultation with the Issuer, that perfection or the obtaining of such items cannot be accomplished without undue effort or
expense by the time or times at which it would otherwise be required by the indenture or the other Security Documents, (B) none of the Pledgors shall be required to enter into any control agreements or control, lockbox or similar arrangements
with respect to any Deposit Accounts, Securities Accounts, Commodities Accounts or any other assets (other than the delivery of Pledged Securities to the Collateral Agent to the extent required by Article II), (C) no landlord, mortgagee or bailee
waivers shall be required, (D) no foreign-law governed security documents or perfection under foreign law shall be required and (E) no notice shall be required to be sent to account debtors or other
contractual third parties prior to an Event of Default. 
 SECTION 3.02. Representations and Warranties. The Pledgors jointly
and severally represent and warrant to the Collateral Agent, for the benefit of the Secured Parties, that: 
 (a) Each Pledgor has good and
valid rights in and title to the Article 9 Collateral with respect to which it has purported to grant a Security Interest hereunder, except where the failure to have such rights and title would not reasonably be expected to have, individually
or in the aggregate, a Material Adverse Effect, and has full power and authority to grant to the Collateral Agent the Security Interest in such Article 9 Collateral pursuant hereto and to execute, deliver and perform its obligations in
accordance with the terms of this Agreement, without the consent or approval of any other person as of the Issue Date other than any consent or approval that has been obtained and is in full force and effect or has otherwise been disclosed herein or
in the Notes Indenture. 
 (b) Except as provided in the Notes Indenture, the Uniform Commercial Code financing statements or other
appropriate filings, recordings or registrations containing a description of the Article 9 Collateral that have been prepared for filing constitute all the filings, recordings and registrations (other than filings required to be made in the
United States Patent and Trademark Office and the United States Copyright Office 

  
 20 

 
in order to perfect the Security Interest in Article 9 Collateral consisting of United States Patents, United States registered Trademarks and United States registered Copyrights) that are
necessary as of the Issue Date to publish notice of and protect the validity of and to establish a legal, valid and perfected security interest in favor of the Collateral Agent (for the benefit of the Secured Parties) in respect of all
Article 9 Collateral in which the Security Interest may be perfected by filing, recording or registration in the United States (or any political subdivision thereof), and no further or subsequent filing, refiling, recording, rerecording,
registration or reregistration is necessary in any such jurisdiction, except as provided under applicable law with respect to the filing of continuation statements or amendments. Except as provided in the Notes Indenture, each Pledgor represents and
warrants that the Notices of Grant of Security Interest in Intellectual Property executed by the applicable Pledgors containing descriptions of all Article 9 Collateral that consists of material United States federally issued Patents (and
Patents for which United States federal registration applications are pending), material United States federally registered Trademarks (and Trademarks for which United States federal registration applications are pending) and material United States
federally registered Copyrights (and Copyrights for which United States federal registration applications are pending) have been delivered to the Collateral Agent for recording with the United States Patent and Trademark Office and the United States
Copyright Office pursuant to 35 U.S.C. § 261, 15 U.S.C. § 1060 or 17 U.S.C. § 205 and the regulations thereunder, as applicable, and reasonably requested by the Collateral Agent, to protect the validity
of and to establish a legal, valid and perfected security interest (or, in the case of Patents and Trademarks, notice thereof) in favor of the Collateral Agent, for the benefit of the Secured Parties, in respect of all Article 9 Collateral
consisting of such Intellectual Property as of the Issue Date in which a security interest may be perfected by recording with the United States Patent and Trademark Office and the United States Copyright Office, and no further or subsequent filing,
refiling, recording, rerecording, registration or reregistration is necessary (other than such actions as are necessary to perfect the Security Interest with respect to any Article 9 Collateral consisting of material United States federally
issued, registered or pending Patents, Trademarks and Copyrights acquired or developed after the Issue Date). 
 (c) The Security Interest
constitutes (i) a legal and valid security interest in all the Article 9 Collateral securing the payment and performance of the Secured Obligations, as applicable, (ii) subject to the filings described in Section 3.02(b), as of
the Issue Date a perfected security interest in all Article 9 Collateral in which a security interest may be perfected by filing, recording or registering a financing statement or analogous document in the United States (or any political
subdivision thereof) pursuant to the Uniform Commercial Code or other applicable law in such jurisdictions and (iii) a security interest that shall be perfected in all Article 9 Collateral in which a security interest may be perfected upon the
receipt and recording of the Notices of Grant of Security Interest in Intellectual Property with the United States Patent and Trademark Office and the United States Copyright Office, as applicable. The Security Interest is and shall be prior to any
other Lien on any of the Article 9 Collateral other than Permitted Liens. 

  
 21 

 (d) The Article 9 Collateral is owned by the Pledgors free and clear of any Lien, other
than Permitted Liens. None of the Pledgors has filed or consented to the filing of (i) any financing statement or analogous document under the Uniform Commercial Code or any other applicable laws covering any Article 9 Collateral,
(ii) any assignment in which any Pledgor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with the United States Patent and Trademark Office or the United States
Copyright Office for the benefit of a third party or (iii) any assignment in which any Pledgor assigns any Article 9 Collateral or any security agreement or similar instrument covering any Article 9 Collateral with any foreign
governmental, municipal or other office, which financing statement or analogous document, assignment, security agreement or similar instrument is still in effect, except, in each case, for Permitted Liens. 

(e) None of the Pledgors holds any Commercial Tort Claim individually reasonably estimated to exceed $10,000,000 as of the Issue Date except
as indicated on Schedule IV. 
 (f) As to itself and its Article 9 Collateral consisting of Intellectual Property (the
“Intellectual Property Collateral”), to each Pledgor’s knowledge: 
 (i) The Intellectual
Property Collateral set forth on Schedule III includes a true and complete list of all of the material issued and applied for United States federal Patents, material registered and applied for United States Trademarks and material United
States federal registered Copyrights owned by such Pledgor as of the date hereof. 
 (ii) The Intellectual Property
Collateral is subsisting and has not been adjudged invalid or unenforceable in whole or in part and, to the best of such Pledgor’s knowledge, is valid and enforceable, except as would not reasonably be expected to have a Material Adverse
Effect. Such Pledgor is not aware of any current uses of any item of Intellectual Property Collateral that would be expected to lead to such item becoming invalid or unenforceable, except as would not reasonably be expected to have a Material
Adverse Effect. 
 (iii) Except as would not reasonably be expected to have a Material Adverse Effect, (a) such Pledgor
has made or performed all commercially reasonable acts, including without limitation filings, recordings and payment of all required fees and taxes, required to maintain and protect its interest in each and every item of Intellectual Property
Collateral in full force and effect in the United States and (b) such Pledgor has used proper statutory notice in connection with its use of each Patent, Trademark and Copyright in the Intellectual Property Collateral. 

(iv) With respect to each IP Agreement, the absence, termination or violation of which would reasonably be expected to have a
Material Adverse Effect: (a) such Pledgor has not received any notice of termination or cancellation under such IP Agreement; (b) such Pledgor has not received a notice of a breach or default under such IP Agreement, which breach or
default has not been cured or waived; and (c) such Pledgor is not in breach or default thereof in any material respect, and no event has occurred that, with notice or lapse of time or both, would constitute such a breach or default or permit
termination, modification or acceleration under such IP Agreement. 

  
 22 

 (v) Except as would not reasonably be expected to have a Material Adverse
Effect, no Intellectual Property Collateral is subject to any outstanding consent, settlement, decree, order, injunction, judgment or ruling restricting the use of any Intellectual Property Collateral or that would impair the validity or
enforceability of such Intellectual Property Collateral. 
 SECTION 3.03. Covenants. (a) Each Pledgor agrees
promptly to notify the Collateral Agent in writing of any change (i) in its corporate or organization name, (ii) in its identity or type of organization, (iii) in its organizational identification number or (iv) in its
jurisdiction of organization. Each Pledgor agrees not to effect or permit any change referred to in the first sentence of this paragraph (a) unless all filings have been made, or will have been made within the time period required under the
Uniform Commercial Code or otherwise in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Article 9 Collateral in which a security interest may be
perfected by such filing, for the benefit of the Secured Parties. 
 (b) Subject to any rights of such Pledgor to Dispose of Collateral
provided for in the Notes Documents and each Other Second Lien Agreement, each Pledgor shall, at its own expense, use commercially reasonable efforts to defend title to the Article 9 Collateral against all persons and to defend the Security
Interest of the Collateral Agent, for the benefit of the Secured Parties, in the Article 9 Collateral and the priority thereof against any Lien that is not a Permitted Lien. 

(c) Each Pledgor agrees, at its own expense, to execute, acknowledge, deliver and cause to be duly filed all such further instruments and
documents and take all such actions as the Collateral Agent may from time to time reasonably request to better assure, preserve, protect, defend and perfect the Security Interest and the rights and remedies created hereby, including the payment of
any fees and taxes required in connection with the execution and delivery of this Agreement and the granting of the Security Interest and the filing of any financing statements (including fixture filings) or other documents in connection herewith or
therewith, all in accordance with the terms hereof and the terms of the Notes Indenture. 
 Without limiting the generality of the
foregoing, each Pledgor hereby authorizes the Collateral Agent, with prompt notice thereof to the Pledgors, to supplement this Agreement by supplementing Schedule III or adding additional schedules hereto to specifically
identify any asset or item that may constitute an issued or applied for United States federal Patent, registered or applied for United States Trademark or registered United States federal Copyright; provided that any Pledgor shall have the
right, exercisable within 90 days after the Issuer has been notified by the Collateral Agent of the specific 

  
 23 

 
identification of such Article 9 Collateral (or such later date as the Collateral Agent may agree), to advise the Collateral Agent in writing of any inaccuracy of the representations and
warranties made by such Pledgor hereunder with respect to such Article 9 Collateral. Each Pledgor agrees that it will use its commercially reasonable efforts to take such action as shall be necessary in order that all representations and
warranties hereunder shall be true and correct with respect to such Article 9 Collateral within 45 days after the date it has been notified by the Collateral Agent of the specific identification of such Article 9 Collateral (or such later
date as the Collateral Agent may agree). 
 (d) Subject to the First Lien/Second Lien Intercreditor Agreement and any other Intercreditor
Agreement (if entered into), after the occurrence of an Event of Default and during the continuance thereof, the Collateral Agent shall have the right to verify under reasonable procedures the validity, amount, quality, quantity, value, condition
and status of, or any other matter relating to, the Article 9 Collateral, including, in the case of Accounts or Article 9 Collateral in the possession of any third person, by contacting Account Debtors or the third person possessing such
Article 9 Collateral for the purpose of making such a verification. The Collateral Agent shall have the right to share any information it gains from such inspection or verification with any Secured Party, subject to any confidentiality
provisions of the Notes Indenture and any equivalent provision of any Other Second Lien Agreement. 
 (e) Subject to the First Lien/Second
Lien Intercreditor Agreement and any other Intercreditor Agreement (if entered into), the Collateral Agent may discharge past due taxes, assessments, charges, fees, Liens, security interests or other encumbrances at any time levied or placed on the
Article 9 Collateral and not a Permitted Lien, and may pay for the maintenance and preservation of the Article 9 Collateral to the extent any Pledgor fails to do so as required by the Notes Indenture, this Agreement or any Other Second
Lien Agreement, and each Pledgor jointly and severally agrees to reimburse the Collateral Agent on demand for any reasonable and documented payment made or any reasonable and documented
out-of-pocket expense incurred by the Collateral Agent pursuant to the foregoing authorization; provided, however, that nothing in this
Section 3.03(e) shall be interpreted as excusing any Pledgor from the performance of, or imposing any obligation on the Collateral Agent or any Secured Party to cure or perform, any covenants or other promises of any Pledgor with respect to
taxes, assessments, charges, fees, Liens, security interests or other encumbrances and maintenance as set forth herein or in the other Notes Documents or any Other Second Lien Agreement. 

(f) Each Pledgor (rather than the Collateral Agent or any Secured Party) shall remain liable for the observance and performance of all the
conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Article 9 Collateral and each Pledgor jointly and severally agrees to indemnify and hold harmless the Collateral Agent
and the Secured Parties from and against any and all liability for such performance. 
 (g) None of the Pledgors shall make or permit to be
made an assignment, pledge or hypothecation of the Article 9 Collateral or shall grant any other Lien in respect of the Article 9 Collateral, except as not prohibited by the Notes Indenture or any Other Second Lien Agreement. None of the
Pledgors shall make or permit to be made any transfer of the Article 9 Collateral, except as not prohibited by the Notes Indenture, any Other Second Lien Agreement or any Intercreditor Agreement. 

  
 24 

 (h) Subject to the First Lien/Second Lien Intercreditor Agreement and any other
Intercreditor Agreement (if entered into), each Pledgor irrevocably makes, constitutes and appoints the Collateral Agent (and all officers, employees or agents designated by the Collateral Agent) as such Pledgor’s true and lawful agent (and attorney-in-fact) for the purpose, during the continuance of an Event of Default of making, settling and adjusting claims in respect of Article 9 Collateral under
policies of insurance, endorsing the name of such Pledgor on any check, draft, instrument or other item of payment for the proceeds of such policies of insurance and for making all determinations and decisions with respect thereto. In the event that
any Pledgor at any time or times shall fail to obtain or maintain any of the policies of insurance required by the Notes Documents or any Other Second Lien Agreement or to pay any premium in whole or part relating thereto, the Collateral Agent may,
without waiving or releasing any obligation or liability of the Pledgors hereunder or any Event of Default, in its sole discretion, obtain and maintain such policies of insurance and pay such premium and take any other actions with respect thereto
as the Collateral Agent reasonably deems advisable. All sums disbursed by the Collateral Agent in connection with this Section 3.03(h), including reasonable and documented attorneys’ fees, court costs, expenses and other charges relating
thereto, shall be payable, upon demand, by the Pledgors to the Collateral Agent and shall be additional Secured Obligations secured hereby. 

(i) The Pledgors shall use commercially reasonable efforts to satisfy the items described on Schedule V within 120 days (or such longer
period of time as agreed to by the Collateral Agent in its reasonable discretion, at the direction of each Authorized Representative) following the Issue Date. 

SECTION 3.04. Other Actions. Subject to the First Lien/Second Lien Intercreditor Agreement, in order to further ensure
the attachment, perfection and priority of, and the ability of the Collateral Agent to enforce, for the benefit of the Secured Parties, the Security Interest in the Article 9 Collateral, each Pledgor agrees, in each case at such Pledgor’s own
expense, to take the following actions with respect to the following Article 9 Collateral: 
 (a) Instruments and Tangible Chattel
Paper. If any Pledgor shall at any time own or acquire any Instruments (other than debt obligations which are governed by Article II and checks received and processed in the ordinary course of business) or Tangible Chattel Paper evidencing
an amount in excess of $10,000,000, such Pledgor shall promptly (and in any event within 45 days of its acquisition or such longer period as the Applicable Collateral Agent may permit in its reasonable discretion) notify the Collateral Agent and
promptly (and in any event within 5 days following such notice or such longer period as the Applicable Collateral Agent may permit in its reasonable discretion) endorse, assign and deliver the same to the Applicable Collateral Agent (acting as
gratuitous bailee for the Collateral Agent for perfection purposes, pursuant to Section 5.5 of the Existing First Lien/Second Lien ICA (or analogous provision of any other then-applicable Intercreditor Agreement), if the Applicable Collateral
Agent is not the Collateral Agent), accompanied by such instruments of transfer or assignment duly executed in blank as the Applicable Collateral Agent may from time to time reasonably request. 

  
 25 

 (b) Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a
Commercial Tort Claim in an amount reasonably estimated to exceed $10,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and deliver to the
Collateral Agent in writing a supplement to Schedule IV including such description. 
 SECTION 3.05. Covenants Regarding
Patent, Trademark and Copyright Collateral. Except as not prohibited by the Notes Indenture or any Other Second Lien Agreement: 

(a) Each Pledgor agrees that it will not knowingly do any act or omit to do any act (and will exercise commercially reasonable efforts to
prevent its licensees from doing any act or omitting to do any act) whereby any Patent that is material to the normal conduct of such Pledgor’s business may become prematurely invalidated, abandoned, lapsed or dedicated to the public. 

(b) Each Pledgor will, and will use its commercially reasonable efforts to cause its licensees or its sublicensees to, for each material
Trademark necessary to the normal conduct of such Pledgor’s business, (i) maintain such Trademark in full force free from any adjudication of abandonment or invalidity for non-use and
(ii) maintain the quality of products and services offered under such Trademark in a manner consistent with the operation of such Pledgor’s business. 

(c) Each Pledgor shall notify the Collateral Agent promptly if it knows that any United States federally issued or applied for Patent, United
States federally registered or applied for Trademark or United States federally registered Copyright material to the normal conduct of such Pledgor’s business may imminently become abandoned, lapsed or dedicated to the public, or of any
materially adverse determination or development, excluding non-final office actions in the ordinary course of such Pledgor’s business and similar determinations or developments in the United States Patent
and Trademark Office, United States Copyright Office, any court or any similar office of any country, regarding such Pledgor’s ownership of any such material Patent, Trademark or Copyright or its right to register or to maintain the same. 

(d) Each Pledgor, either by itself or through any agent, employee, licensee or designee, shall (i) inform the Collateral Agent on an
annual basis of each application for, or registration or issuance of, any Patent or Trademark with the United States Patent and Trademark Office and each registration of any Copyright with the United States Copyright Office filed by or on behalf of,
or issued to, or acquired by, any Pledgor during the preceding twelve-month period, and (ii) upon the reasonable request of the Applicable Collateral Agent, execute and deliver any and all agreements, instruments, documents and papers
necessary or as the Applicable Collateral Agent may otherwise reasonably request to evidence the Collateral Agent’s Security Interest in such Patent, 

  
 26 

 
Trademark or Copyright and the perfection thereof, including appropriate filings with the United States Patent and Trademark Office or the United States Copyright Office, provided that the
provisions hereof shall automatically apply to any such Patent, Trademark or Copyright and any such Patent, Trademark or Copyright shall automatically constitute Collateral as if such would have constituted Collateral at the time of execution hereof
and be subject to the Lien and Security Interest created by this Agreement without further action by any party. 
 (e) Each Pledgor shall
exercise its reasonable business judgment consistent with its past practice in any proceeding before the United States Patent and Trademark Office or the United States Copyright Office with respect to maintaining and pursuing each application
relating to any Patent, Trademark and/or Copyright (and obtaining the relevant grant or registration) material to the normal conduct of such Pledgor’s business and to maintain (i) each United States federally issued Patent that is material
to the normal conduct of such Pledgor’s business and (ii) the registrations of each United States federally registered Trademark and each United States federally registered Copyright that is material to the normal conduct of such
Pledgor’s business, including, when applicable and necessary in such Pledgor’s reasonable business judgment, timely filings of applications for renewal, affidavits of use, affidavits of incontestability and payment of maintenance fees,
and, if any Pledgor believes necessary in its reasonable business judgment, to initiate opposition, interference and cancellation proceedings against third parties. 

(f) In the event that any Pledgor knows or has reason to know that any Article 9 Collateral consisting of a Patent, Trademark or
Copyright material to the normal conduct of its business has been materially infringed, misappropriated or diluted by a third party, such Pledgor shall promptly notify the Collateral Agent and shall, if such Pledgor deems it necessary in its
reasonable business judgment, promptly sue and recover any and all damages, and take such other actions as are reasonably appropriate under the circumstances. 

(g) Upon and during the continuance of an Event of Default, at the reasonable request of the Collateral Agent, each Pledgor shall use
commercially reasonable efforts to obtain all requisite consents or approvals from each licensor under each Copyright License, Patent License or Trademark License to effect the assignment of all such Pledgor’s right, title and interest
thereunder to (in the Collateral Agent’s sole discretion) the designee of the Collateral Agent or the Collateral Agent; provided, however, that nothing contained in this Section 3.05(g) should be construed as an obligation of
any Pledgor to incur any costs or expenses in connection with obtaining such approval. 
 ARTICLE IV 

Remedies 
 SECTION
4.01. Remedies Upon Default. In accordance with, and to the extent consistent with, the terms of the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement, the Collateral
Agent may take any action 

  
 27 

 
specified in this Section 4.01. Upon the occurrence and during the continuance of an Event of Default, each Pledgor agrees to deliver each item of Collateral to the Collateral Agent on
demand. It is agreed that the Collateral Agent shall have the right to take any of or all the following actions at the same or different times: (a) with respect to any Article 9 Collateral consisting of Intellectual Property, on demand, to
cause the Security Interest to become an assignment, transfer and conveyance of any of or all such Article 9 Collateral by the applicable Pledgors to the Collateral Agent or to license or sublicense (subject to any such licensee’s
obligation to maintain the quality of the goods and/or services provided under any Trademark consistent with the quality of such goods and/or services provided by the Pledgors immediately prior to the Event of Default), whether general, special or
otherwise, and whether on an exclusive or a nonexclusive basis, any such Article 9 Collateral throughout the world on such terms and conditions and in such manner as the Collateral Agent shall determine (other than in violation of any
then-existing licensing or trademark co-existence arrangements to the extent that waivers thereunder cannot be obtained with the use of commercially reasonable efforts, which each Pledgor hereby agrees to use)
and (b) with or without legal process and with or without prior notice or demand for performance, to take possession of the Article 9 Collateral and without liability for trespass to the applicable Pledgor to enter any premises where the
Article 9 Collateral may be located for the purpose of taking possession of or removing the Article 9 Collateral and, generally, to exercise any and all rights afforded to a secured party under the applicable Uniform Commercial Code or
other applicable law or in equity. The Collateral Agent agrees and covenants not to exercise any of the rights or remedies set forth in the preceding sentence unless and until the occurrence and during the continuance of an Event of Default. Without
limiting the generality of the foregoing, each Pledgor agrees that the Collateral Agent shall have the right, subject to the First Lien/Second Lien Intercreditor Agreement, any other Intercreditor Agreement (if entered into) and the mandatory
requirements of applicable law, to sell or otherwise Dispose of all or any part of the Collateral at a public or private sale or at any broker’s board or on any securities exchange, for cash, upon credit or for future delivery as the Collateral
Agent shall deem appropriate. The Collateral Agent shall be authorized in connection with any sale of a security (if it deems it advisable to do so) pursuant to the foregoing to restrict the prospective bidders or purchasers to persons who represent
and agree that they are purchasing such security for their own account, for investment, and not with a view to the distribution or sale thereof. Upon consummation of any such Disposition of Collateral pursuant to this Section 4.01, the
Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Collateral so sold (other than in violation of any then-existing licensing or trademark
co-existence arrangements to the extent that waivers thereunder cannot be obtained with the use of commercially reasonable efforts, which each Pledgor hereby agrees to use). Each such purchaser at any such
Disposition shall hold the property sold absolutely, free from any claim or right on the part of any Pledgor, and each Pledgor hereby waives and releases (to the extent permitted by law) all rights of redemption, stay, valuation and appraisal that
such Pledgor now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted. 
 To the
extent any notice is required by applicable law, the Collateral Agent shall give the applicable Pledgors 10 Business Days’ written notice (which each Pledgor agrees is reasonable notice within the meaning of
Section 9-611 of the New York UCC or 

  
 28 

 
its equivalent in other jurisdictions) of the Collateral Agent’s intention to make any sale of Collateral. Such notice, in the case of a public sale, shall state the time and place for such
sale and, in the case of a sale at a broker’s board or on a securities exchange, shall state the board or exchange at which such sale is to be made and the day on which the Collateral, or portion thereof, will first be offered for sale at such
board or exchange. Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Collateral Agent may fix and state in the notice (if any) of such sale. At any such sale, the Collateral,
or the portion thereof, to be sold may be sold in one lot as an entirety or in separate parcels, as the Collateral Agent may (in its sole and absolute discretion) determine. The Collateral Agent shall not be obligated to make any sale of any
Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given. The Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be
adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned. In the case of any sale of all or any part of the
Collateral made on credit or for future delivery, the Collateral so sold may be retained by the Collateral Agent until the sale price is paid by the purchaser or purchasers thereof, but the Collateral Agent shall not incur any liability in the event
that any such purchaser or purchasers shall fail to take up and pay for the Collateral so sold and, in the case of any such failure, such Collateral may be sold again upon notice given in accordance with provisions above. At any public (or, to the
extent permitted by law, private) sale made pursuant to this Section 4.01, any Secured Party may bid for or purchase for cash, free (to the extent permitted by law) from any right of redemption, stay, valuation or appraisal on the part of any
Pledgor (all such rights being also hereby waived and released to the extent permitted by law), the Collateral or any part thereof offered for sale and such Secured Party may, upon compliance with the terms of sale, hold, retain and Dispose of such
property in accordance with Section 4.02 without further accountability to any Pledgor therefor. For purposes hereof, a written agreement to purchase the Collateral or any portion thereof shall be treated as a sale thereof; the
Collateral Agent shall be free to carry out such sale pursuant to such agreement and no Pledgor shall be entitled to the return of the Collateral or any portion thereof subject thereto, notwithstanding the fact that after the Collateral Agent shall
have entered into such an agreement all Events of Default shall have been remedied and the Secured Obligations paid in full. As an alternative to exercising the power of sale herein conferred upon it, subject to the provisions of the First
Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement (upon and during the effectiveness thereof), the Collateral Agent may proceed by a suit or suits at law or in equity to foreclose this Agreement and to sell
the Collateral or any portion thereof pursuant to a judgment or decree of a court or courts having competent jurisdiction or pursuant to a proceeding by a court-appointed receiver. Any sale pursuant to the provisions of this Section 4.01 shall
be deemed to conform to the commercially reasonable standards as provided in Section 9-610(b) of the New York UCC or its equivalent in other jurisdictions. 

SECTION 4.02. Application of Proceeds. The Collateral Agent shall, subject to the First Lien/Second Lien
Intercreditor Agreement and any other applicable Intercreditor Agreement, promptly apply the proceeds, moneys or balances of any collection or sale of Collateral realized through the exercise by the Collateral Agent of its

  
 29 

 
remedies hereunder, as well as any Collateral consisting of cash at any time when remedies are being exercised hereunder, as follows: 

FIRST, to the payment of all out-of-pocket
costs and expenses incurred by the Collateral Agent in connection with such collection or sale or otherwise in connection with any Notes Indenture Document, any Other Second Lien Agreement or any of the Secured Obligations secured by such
Collateral, 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 under any Notes Indenture Document or any Other Second Lien Agreement on behalf of any
Pledgor, any other costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Notes Indenture Document or any Other Second Lien Agreement, and all other fees, indemnities and other amounts owing or
reimbursable to the Collateral Agent under any Notes Indenture Document or any Other Second Lien Agreement in its capacity as such; 

SECOND, to the payment in full of the Secured Obligations secured by such Collateral (the amounts so applied to be distributed
between the Notes Secured Parties and any Other Second Lien Secured Parties pro rata based on the respective amounts of such Secured Obligations owed to them on the date of any such distribution (or in accordance with such other method of
distribution as may be set forth in any applicable Intercreditor Agreement)), with (x) the portion thereof distributed to the Notes Secured Parties to be further distributed in accordance with the order of priority set forth in
Section 6.10 of the Notes Indenture and (y) the portion thereof distributed to the Secured Parties of any other Series to be further distributed in accordance with the applicable provisions of the Other Second Lien Agreements governing
such Series; and 
 THIRD, to the Pledgors, their successors or assigns, or as a court of competent jurisdiction may
otherwise direct; 
 provided, that in no event shall the proceeds of any collection or sale of any Specified Excluded Collateral be
applied to the relevant Series of Secured Obligations under any Other Second Lien Agreement that is not secured by such Specified Excluded Collateral. 

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 the request of the Collateral Agent prior to any distribution under this Section 4.02, each Authorized Representative shall provide to the Collateral Agent certificates, in form and substance reasonably satisfactory to the
Collateral Agent, setting forth the respective amounts referred to in this Section 4.02 that each applicable Secured Party or its Authorized Representative believes it is entitled to receive, and the Collateral Agent shall be fully entitled to
rely on such certificates. 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 purchase money by 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. 

  
 30 

 SECTION 4.03. Securities Act, Etc. In view of the position of
the Pledgors in relation to the Pledged Collateral, or because of other current or future circumstances, a question may arise under the Securities Act of 1933, as amended, or any similar federal statute hereafter enacted analogous in purpose or
effect (such Act and any such similar statute as from time to time in effect being called the “Federal Securities Laws”) with respect to any Disposition of the Pledged Collateral permitted hereunder. Each
Pledgor understands that compliance with the Federal Securities Laws might very strictly limit the course of conduct of the Collateral Agent if the Collateral Agent were to attempt to Dispose of all or any part of the Pledged Collateral, and might
also limit the extent to which or the manner in which any subsequent transferee of any Pledged Collateral could Dispose of the same. Similarly, there may be other legal restrictions or limitations affecting the Collateral Agent in any attempt to
Dispose of all or part of the Pledged Collateral under applicable Blue Sky or other state securities laws or similar laws analogous in purpose or effect. Each Pledgor acknowledges and agrees that in light of such restrictions and limitations, the
Collateral Agent, subject to the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement, in its sole and absolute discretion, (a) may proceed to make such a sale whether or not a registration statement
for the purpose of registering such Pledged Collateral or part thereof shall have been filed under the Federal Securities Laws or, to the extent applicable, Blue Sky or other state securities laws and (b) may approach and negotiate with a
single potential purchaser to effect such sale. Each Pledgor acknowledges and agrees that any such sale might result in prices and other terms less favorable to the seller than if such sale were a public sale without such restrictions. In the event
of any such sale, the Collateral Agent shall incur no responsibility or liability for selling all or any part of the Pledged Collateral at a price that the Collateral Agent, subject to the First Lien/Second Lien Intercreditor Agreement and any other
applicable Intercreditor Agreement, in its sole and absolute discretion, may in good faith deem reasonable under the circumstances, notwithstanding the possibility that a substantially higher price might have been realized if the sale were deferred
until after registration as aforesaid or if more than a single purchaser were approached. The provisions of this Section 4.03 will apply notwithstanding the existence of a public or private market upon which the quotations or sales prices may
exceed substantially the price at which the Collateral Agent sells. 
 ARTICLE V 

Miscellaneous 

SECTION 5.01. Notices. All communications and notices hereunder shall (except as otherwise expressly permitted herein) be
in writing and given as provided in Section 13.01 of the Notes Indenture. All communications and notices hereunder to any Pledgor shall be given to it in care of the Issuer, with such notice to be given as provided in Section 13.01 of the
Notes Indenture. All communications and notices to any holders of obligations under any Other Second Lien Agreement shall be addressed to the Authorized Representative of such holders at its address set forth in the Other Second Lien Secured Party
Consent, as such address may be changed by written notice to the Collateral Agent. 

  
 31 

 SECTION 5.02. Security Interest Absolute. To the extent permitted by law, all
rights of the Collateral Agent hereunder, the Security Interest in the Article 9 Collateral, the security interest in the Pledged Collateral and all obligations of each Pledgor hereunder shall be absolute and unconditional irrespective of
(a) any lack of validity or enforceability of any Notes Document, any Other Second Lien Agreement, any other agreement with respect to any of the Secured Obligations or any other agreement or instrument relating to any of the foregoing,
(b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from any Notes Document, any Other Second Lien
Agreement, any Intercreditor Agreement or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or
consent under or departure from any guarantee, securing or guaranteeing all or any of the Secured Obligations or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, any Pledgor in respect of the
Secured Obligations or this Agreement (other than a defense of payment or performance). 
 SECTION 5.03. Limitation By
Law. All rights, remedies and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Agreement are
intended to be subject to all applicable mandatory provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Agreement invalid, unenforceable, in whole or in part, or not entitled to be
recorded, registered or filed under the provisions of any applicable law. 
 SECTION 5.04. Binding Effect; Several
Agreements. This Agreement shall become effective as to any party to this Agreement when a counterpart hereof executed on behalf of such party shall have been delivered to the Collateral Agent and a counterpart hereof
shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon such party and the Collateral Agent and their respective permitted successors and assigns, and shall inure to the benefit of such party, the Collateral
Agent and the other Secured Parties and their respective permitted successors and assigns, except that no party shall have the right to assign or transfer its rights or obligations hereunder or any interest herein or in the Collateral (and any such
assignment or transfer shall be void) except as not prohibited by this Agreement, the Notes Indenture or any Other Second Lien Agreement. This Agreement shall be construed as a separate agreement with respect to each party and may be amended,
modified, supplemented, waived or released in accordance with Section 5.09 or 5.15, as applicable. 
 SECTION 5.05. Successors
and Assigns. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party and all covenants, promises and agreements by
or on behalf of any Pledgor or the Collateral Agent that are contained in this Agreement shall bind and inure to the benefit of their respective permitted successors and assigns, provided that no Pledgor may assign, transfer or delegate any
of its rights or obligations under this Agreement except as permitted by Section 5.04. 

  
 32 

 SECTION 5.06. Collateral
Agent’s Fees and Expenses; Indemnification. 
 (a) The parties hereto agree that the
Collateral Agent shall be entitled to reimbursement of its expenses incurred hereunder by the Pledgors, and the Collateral Agent and other Indemnitees shall be indemnified by the Pledgors, in each case of this clause (a), mutatis mutandis, as
provided in Section 7.06 of the Notes Indenture or any equivalent provision of any Other Second Lien Agreement. 
 (b) Any such amounts
payable as provided hereunder shall be additional Secured Obligations secured hereby and by the other Security Documents. The provisions of this Section 5.06 shall remain operative and in full force and effect regardless of the termination of
this Agreement, any other Notes Document or any Other Second Lien Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Secured Obligations, the invalidity or unenforceability of any term or provision of
this Agreement, any other Notes Document or any Other Second Lien Agreement, or any investigation made by or on behalf of the Collateral Agent or any other Secured Party. All amounts due under this Section 5.06 shall be payable within fifteen
days (or such longer period as the Collateral Agent may agree) of written demand therefor accompanied by reasonable documentation with respect to any reimbursement, indemnification or other amount requested. 

(c) The agreements in this Section 5.06 shall survive the resignation of the Collateral Agent and the termination of this Agreement. 

SECTION 5.07. Collateral Agent Appointed
Attorney-in-Fact. Subject to the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement, each Pledgor hereby
appoints the Collateral Agent the attorney-in-fact of such Pledgor for the purpose of carrying out the provisions of this Agreement and, upon the occurrence and during
the continuance of an Event of Default, taking any action and executing any instrument that the Collateral Agent may deem necessary or advisable to accomplish the purposes hereof, which appointment is irrevocable and coupled with an interest.
Without limiting the generality of the foregoing, subject to applicable Requirements of Law, the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement, the Collateral Agent shall have the right, upon the
occurrence and during the continuance of an Event of Default, with full power of substitution either in the Collateral Agent’s name or in the name of such Pledgor, (a) to receive, endorse, assign or deliver any and all notes, acceptances,
checks, drafts, money orders or other evidences of payment relating to the Collateral or any part thereof; (b) to demand, collect, receive payment of, give receipt for and give discharges and releases of all or any of the Collateral;
(c) to ask for, demand, sue for, collect, receive and give acquittance for any and all moneys due or to become due under and by virtue of any Collateral; (d) to sign the name of any Pledgor on any invoice or bill of lading relating to

  
 33 

 
any of the Collateral; (e) to send verifications of Accounts to any Account Debtor; (f) to commence and prosecute any and all suits, actions or proceedings at law or in equity in any
court of competent jurisdiction to collect or otherwise, realize on all or any of the Collateral or to enforce any rights in respect of any Collateral; (g) to settle, compromise, compound, adjust or defend any actions, suits or proceedings
relating to all or any of the Collateral; (h) to notify, or to require any Pledgor to notify, Account Debtors to make payment directly to the Collateral Agent; and (i) to use, sell, assign, transfer, pledge, make any agreement with respect
to or otherwise deal with all or any of the Collateral, and to do all other acts and things necessary to carry out the purposes of this Agreement, as fully and completely as though the Collateral Agent were the absolute owner of the Collateral for
all purposes; provided that nothing herein contained shall be construed as requiring or obligating the Collateral Agent to make any commitment or to make any inquiry as to the nature or sufficiency of any payment received by the Collateral
Agent, or to present or file any claim or notice, or to take any action with respect to the Collateral or any part thereof or the moneys due or to become due in respect thereof or any property covered thereby. The Collateral Agent and the other
Secured Parties shall be accountable only for amounts actually received as a result of the exercise of the powers granted to them herein, and neither they nor their officers, directors, employees or agents shall be responsible to any Pledgor for any
act or failure to act hereunder, except for their own or their Related Parties gross negligence or willful misconduct. 
 SECTION 5.08.
Governing Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLE OF
CONFLICTS OF LAW THAT COULD REQUIRE THE APPLICATION OF ANY OTHER LAW. 
 SECTION 5.09. Waivers; Amendment.
(a) No failure or delay by the Collateral Agent or any other Secured Party in exercising any right, power or remedy hereunder or under any other Notes Document or any Other Second Lien Agreement shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right, power or remedy, or any abandonment or discontinuance of steps to enforce such a right, power or remedy, preclude any other or further exercise thereof or the exercise of any other
right, power or remedy. The rights, powers and remedies of the Collateral Agent and the other Secured Parties hereunder and under the other Notes Documents and any Other Second Lien Agreements are cumulative and are not exclusive of any rights,
powers or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any Pledgor therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of
this Section 5.09, 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 incurrence of any Other Second Lien Obligation shall
not be construed as a waiver of any Default or Event of Default, regardless of whether the Collateral Agent or any other Secured Party may have had notice or knowledge of such Default or Event of Default at the time. No notice or demand on any
Pledgor in any case shall entitle any Pledgor to any other or further notice or demand in similar or other circumstances. 

  
 34 

 (b) Neither this Agreement nor any provision hereof may be waived, amended or modified
except pursuant to an agreement or agreements in writing entered into by the Collateral Agent and the Pledgor or Pledgors with respect to which such waiver, amendment or modification is to apply, subject to any consent required in accordance with
Article IX of the Notes Indenture, and the consent of each other Authorized Representative if and to the extent required by (and in accordance with) the applicable Other Second Lien Agreement, and except as otherwise provided in the First
Lien/Second Lien Intercreditor Agreement or any other any applicable Intercreditor Agreement. The Collateral Agent may conclusively rely on a certificate of an officer of the Issuer as to whether any amendment contemplated by this
Section 5.09(b) is permitted. 
 (c) Notwithstanding anything to the contrary contained herein, the Collateral Agent may grant
extensions of time or waivers of the requirement for the creation or perfection of security interests in or the obtaining of insurance (including title insurance) or surveys with respect to particular assets (including extensions beyond the Issue
Date for the perfection of security interests in the assets of the Pledgors on such date) where it reasonably determines, in consultation with the Issuer, that perfection or obtaining of such items cannot be accomplished without undue effort or
expense by the time or times at which it would otherwise be required by this Agreement, the other Notes Documents or any Other Second Lien Agreement. 

SECTION 5.10. 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 RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT, ANY OTHER NOTES DOCUMENT OR ANY OTHER SECOND LIEN AGREEMENT. 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 INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 5.10. 

SECTION 5.11. Severability. In the event any one or more of the provisions contained in this Agreement, any
other Notes Document or any Other Second Lien Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be
affected or impaired thereby. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid,
illegal or unenforceable provisions. 
 SECTION 5.12. Counterparts. This Agreement may be executed in two
or more counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract, and shall become effective as provided in Section 5.04. Delivery of an executed counterpart to this
Agreement by facsimile or other electronic transmission (or other electronic transmission pursuant to procedures approved by the Collateral Agent) shall be as effective as delivery of a manually signed original. 

  
 35 

 SECTION 5.13. 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 are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

SECTION 5.14. Jurisdiction; Consent to Service of Process. (a) Each party to this Agreement hereby
irrevocably and unconditionally agrees that it will not commence any action, litigation or proceeding of any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against any other party or any affiliate
thereof, in any way relating to this Agreement, any other Notes Document or any Other Second Lien Agreement or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York County, and
of the United States District Court of the Southern District of New York, and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to the jurisdiction of such courts and agrees that all claims
in respect of any such action, litigation or proceeding may be heard and determined in such New York State court or, to the fullest extent permitted by applicable law, in such federal court. Each of the parties hereto agrees that a final judgment in
any such action, litigation or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement, any other Notes Document or any Other Second Lien
Agreement shall affect any right that the Collateral Agent or any other Secured Party may otherwise have to bring any action or proceeding relating to this Agreement, any other Notes Document or any Other Second Lien Agreement against any Pledgor or
its properties in the courts of any jurisdiction. 
 (b) Each party to this Agreement hereby irrevocably and unconditionally waives, to the
fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement, any other Notes Document or any Other Second
Lien Agreement in any New York State or federal court sitting in New York County and any appellate court from any thereof. 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. 
 (c) Each party to this Agreement irrevocably consents to service
of process in the manner provided for notices in Section 5.01. Nothing in this Agreement, any other Notes Document or any Other Second Lien Agreement will affect the right of any party to this Agreement, any other Notes Document or any Other
Second Lien Agreement to serve process in any other manner permitted by law. 

  
 36 

 SECTION 5.15. Termination or Release. In each case subject to the terms
of the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement: 
 (a) This Agreement and the pledges
made by the Pledgors herein and all other security interests granted by the Pledgors hereby shall automatically terminate and be released upon the occurrence of the Termination Date or, if any Other Second Lien Obligations are outstanding on the
Termination Date, the date when any Other Second Lien Obligations (other than contingent or unliquidated obligations or liabilities not then due and any other obligations that, by the terms of any Other Second Lien Agreements, are not required to be
paid in full prior to termination and release of the Collateral) have been paid in full and the Secured Parties have no further commitment to extend credit under any Other Second Lien Agreement. 

(b) A Subsidiary Guarantor shall automatically be released from its obligations hereunder and the security interests in the Collateral of such
Subsidiary Guarantor shall be automatically released upon the consummation of any transaction not prohibited by the Notes Indenture or any Other Second Lien Agreement then in effect as a result of which such Subsidiary Guarantor ceases to be a
Subsidiary of the Issuer or otherwise becomes an Excluded Subsidiary or ceases to be a Subsidiary Guarantor or is otherwise released from its obligations under the Notes Indenture, all without delivery of any instrument or performance of any act by
any party, and all rights to the applicable portions of the Collateral shall revert to such Subsidiary Guarantor. 
 (c) The security
interests in any Collateral shall automatically be released, all without delivery of any instrument or performance of any act by any party, (i) upon any sale or other transfer by any Pledgor of any Collateral that is not prohibited by the Notes
Indenture or any Other Second Lien Agreement to any person that is not a Pledgor, (ii) upon the effectiveness of any written consent to the release of the security interest granted hereby in such Collateral pursuant to Article IX of the Notes
Indenture and any equivalent provision of any Other Second Lien Agreement (in each case, to the extent required thereby) or (iii) as otherwise may be provided in the First Lien/Second Lien Intercreditor Agreement or any other applicable
Intercreditor Agreement. 
 (d) [Reserved]. 

(e) Solely with respect to the Notes Secured Obligations, a Pledgor shall automatically be released from its obligations hereunder and/or the
security interests in any Collateral securing the Notes Secured Obligations shall in each case be automatically released upon the occurrence of any of the circumstances set forth in Article XI or Article XII of the Notes Indenture without delivery
of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to any applicable Pledgor. 
 (f)
[Reserved]. 
 (g) Solely with respect to any Series of Other Second Lien Obligations, a Pledgor shall automatically be released from its
obligations hereunder and/or the security interests in any Collateral securing such Series of Other Second Lien Obligations shall in each case be automatically released upon the occurrence of any of the circumstances set forth in the section
governing release of collateral in the applicable Other Second Lien Agreement governing such Series of Other Second Lien Obligations, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral
shall revert to any applicable Pledgor. 

  
 37 

 (h) In connection with any termination or release pursuant to this Section 5.15, the
Collateral Agent shall execute and deliver to any Pledgor all documents that such Pledgor shall reasonably request to evidence such termination or release (including Uniform Commercial Code termination statements), and will duly assign and transfer
to such Pledgor, such of the Pledged Collateral that may be in the possession of the Collateral Agent and has not theretofore been sold or otherwise applied or released pursuant to this Agreement. Any execution and delivery of documents pursuant to
this Section 5.15 shall be made without recourse to or warranty by the Collateral Agent. In connection with any release pursuant to this Section 5.15, the Pledgors shall be permitted to take any action in connection therewith consistent
with such release including, without limitation, the filing of Uniform Commercial Code termination statements. Upon the receipt of any necessary or proper instruments of termination, satisfaction or release prepared by the Issuer, the Collateral
Agent shall execute, deliver or acknowledge such instruments or releases to evidence the release of any Collateral permitted to be released pursuant to this Agreement. The Pledgors agree to pay all reasonable and documented out-of-pocket expenses incurred by the Collateral Agent (and its representatives and counsel) in connection with the execution and delivery of such release documents or
instruments. 
 SECTION 5.16. Additional Subsidiaries. Upon execution and delivery by any Subsidiary that
is required or permitted to become a party hereto by Section 4.11 of the Notes Indenture or by any Other Second Lien Agreement of an instrument substantially in the form of Exhibit I hereto (or another instrument
reasonably satisfactory to the Collateral Agent and the Issuer), such subsidiary shall become a Subsidiary Guarantor hereunder with the same force and effect as if originally named as a Subsidiary Guarantor herein. The execution and delivery of any
such instrument shall not require the consent of any other party to this Agreement. The rights and obligations of each party to this Agreement shall remain in full force and effect notwithstanding the addition of any new party to this Agreement.

 SECTION 5.17. General Authority of the Collateral Agent. 

(a) By acceptance of the benefits of this Agreement and any other Security Documents, each Secured Party (whether or not a signatory hereto)
shall be deemed irrevocably (i) to consent to the appointment of the Collateral Agent as its agent hereunder and under such other Security Documents, (ii) to confirm that the Collateral Agent shall have the authority to act as the
exclusive agent of such Secured Party for the enforcement of any provision of this Agreement and such other Security Documents against any Pledgor, the exercise of remedies hereunder or thereunder and the giving or withholding of any consent or
approval hereunder thereunder relating to any Collateral or any Pledgor’s obligations with respect thereto, (iii) to agree that it shall not take any action to enforce any provisions of this Agreement or any other Security Document against
any Pledgor, to exercise any remedy hereunder or thereunder or to give any consents or approvals hereunder or thereunder except as expressly provided in this Agreement or any other Security Document and (iv) to agree to be bound by the terms of
this Agreement, the First Lien/Second Lien Intercreditor Agreement and any other Security Documents and any applicable Intercreditor Agreement then in effect. 

  
 38 

 (b) Each Pledgor acknowledges that the rights and responsibilities of the Collateral Agent
under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy
provided for herein or resulting or arising out of this Agreement shall, as between the Collateral Agent and the Secured Parties, be governed by the Notes Indenture, any Other Second Lien Agreement and such other agreements with respect thereto as
may exist from time to time among them (including any applicable Intercreditor Agreement then in effect, including the First Lien/Second Lien Intercreditor Agreement), but, as between the Collateral Agent and the Pledgors, the Collateral Agent shall
be conclusively presumed to be acting as agent for the applicable Secured Parties with full and valid authority so to act or refrain from acting, and no Pledgor shall be under any obligation, or entitlement, to make any inquiry respecting such
authority. The Collateral Agent shall only be permitted, subject to the terms of the First Lien/Second Lien Intercreditor Agreement, applicable law and the next sentence, to exercise remedies and sell the Collateral at the direction of the holders
of a majority in the aggregate principal amount of the Notes and Other Second Lien Obligations. The Collateral Agent and the Trustee, as applicable, shall be authorized to take, but shall not be required to take, such actions with regard to a
default or an Event of Default which the Collateral Agent and the Trustee, in good faith, believe to be reasonably required to promote and protect the interests of the holders of the Notes and the holders of Other Second Lien Obligations and to
preserve the value of the Collateral. Any action taken or not taken without the vote of any holder of the Notes or holder of Other Second Lien Obligations pursuant to and in accordance with the remedies section of the Security Documents and the
Notes Indenture shall nevertheless be binding on such party. 
 SECTION 5.18. Subject to Intercreditor Agreements;
Conflicts. Notwithstanding anything herein to the contrary, (i) the Liens and security interests granted to the Collateral Agent for the benefit of the Secured Parties pursuant to this Agreement and (ii) the exercise of any
right or remedy by the Collateral Agent hereunder or the application of proceeds (including insurance and condemnation proceeds) of any Collateral, in each case, are subject to the limitations and provisions of the First Lien/Second Lien
Intercreditor Agreement and any other applicable Intercreditor Agreement to the extent provided therein. In the event of any conflict between the terms of such applicable Intercreditor Agreement and the terms of this Agreement, the terms of the
First Lien/Second Lien Intercreditor Agreement or such other applicable Intercreditor Agreement shall govern. 
 SECTION 5.19. Other
Second Lien Obligations. On or after Issue Date and so long as not prohibited by the Notes Indenture or any Other Second Lien Agreement then in effect, the Issuer may from time to time designate obligations in respect of indebtedness
to be secured (except with respect to any applicable Specified Excluded Collateral) on a pari passu basis with the then-outstanding Secured Obligations as Other Second Lien Obligations hereunder by delivering to the Collateral Agent and each
Authorized Representative (a) a certificate of the Issuer (i) identifying the obligations so 

  
 39 

 
designated and the initial aggregate principal amount or face amount thereof, (ii) stating that such obligations are designated as Other Second Lien Obligations for purposes hereof,
(iii) representing that such designation of such obligations as Other Second Lien Obligations is not prohibited by the Note Indenture or any Other Second Lien Agreement then in effect, and (iv) specifying the name and address of the
Authorized Representative for such obligations, (b) an Other Second Lien Secured Party Consent executed by the Authorized Representative for such obligations and the Issuer, (c) a joinder to the First Lien/Second Lien Intercreditor
Agreement executed by the Authorized Representative for such obligations in the form and to the extent required thereby and (d) a pari passu Intercreditor Agreement executed by the Authorized Representative for such obligations (or, if a
pari passu Intercreditor Agreement is then in effect, a joinder thereto to the extent requested thereby). Upon the satisfaction of all conditions set forth in the preceding sentence, (x) the Collateral Agent shall act as collateral agent
under and subject to the terms of the Security Documents for the benefit of all Secured Parties, including without limitation, any Secured Parties that hold any such Other Second Lien Obligations (except with respect to any applicable Specified
Excluded Collateral), and shall execute and deliver the acknowledgement at the end of the Other Second Lien Secured Party Consent, (y) each Authorized Representative agrees to the appointment, and acceptance of the appointment, of the
Collateral Agent or its sub-agent, as applicable, as collateral agent for the holders of such Other Second Lien Obligations as set forth in each Other Second Lien Secured Party Consent and agrees, on behalf of
itself and each Secured Party it represents, to be bound by this Agreement, the First Lien/Second Lien Intercreditor Agreement and each other applicable Intercreditor Agreement and (z) to the extent provided thereunder, such Other Second Lien
Obligations shall automatically be deemed to be “Second Lien Obligations” (or analogous term) in the Existing First Lien/Second Lien ICA and each other applicable Intercreditor Agreement. The rights and obligations of each party to this
Agreement shall remain in full force and effect notwithstanding the addition of any new Secured Obligations to this Agreement. 
 SECTION
5.20. Person Serving as Collateral Agent. On the Issue Date, the Collateral Agent hereunder is the Trustee. Written notice of resignation by the Trustee under the Notes Indenture pursuant to the Notes Indenture shall also
constitute notice of resignation as the Collateral Agent under this Agreement. Upon the acceptance of any appointment as the Trustee under the Notes Indenture by a successor, that successor shall thereupon succeed to and become vested with all the
rights, powers, privileges and duties of the retiring Collateral Agent pursuant hereto. Immediately upon the occurrence of the Termination Date, if any other Series of Secured Obligations is then outstanding, the Authorized Representative of such
Series (or, if more than one such Series is outstanding, the applicable Authorized Representative determined pursuant to the terms of (and as defined in) the applicable Intercreditor Agreement or designated by all then extant Authorized
Representatives) shall be deemed the Collateral Agent for all purposes under this Agreement. The Collateral Agent immediately prior to any change in Collateral Agent pursuant to this Section 5.20 (the “Prior Collateral
Agent”) shall be deemed to have assigned all of its rights, powers and duties hereunder to the successor Collateral Agent determined in accordance with this Section 5.20 (the “Successor Collateral Agent”)
and the Successor Collateral Agent shall be deemed to have accepted, assumed and succeeded to such rights, powers and duties. The Prior Collateral Agent shall cooperate with the 

  
 40 

 
Pledgors and such Successor Collateral Agent to ensure that all actions are taken that are necessary or reasonably requested by the Successor Collateral Agent to vest in such Successor Collateral
Agent the rights granted to the Prior Collateral Agent hereunder with respect to the Collateral, including (a) the filing of amended financing statements in the appropriate filing offices (provided that the Prior Collateral Agent shall not be
required to make any such filings), (b) subject to the First Lien/Second Lien Intercreditor Agreement and any other applicable Intercreditor Agreement, to the extent that the Prior Collateral Agent holds, or a third party (other than the Applicable
Collateral Agent, if the Applicable Collateral Agent is not the Collateral Agent) holds on its behalf, physical possession of or “control” (as defined in the New York UCC or the Uniform Commercial Code of any other applicable jurisdiction)
(or any similar concept under foreign law) over Collateral pursuant to this Agreement or any other Security Document, the delivery to the Successor Collateral Agent of the Collateral in its possession or control together with any necessary
endorsements to the extent required by this Agreement, and (c) the execution and delivery of any further documents, financing statements or agreements and the taking of all such further action that may be required under any applicable law, or
that the Successor Collateral Agent may reasonably request, all without recourse to, or representation or warranty by, the Collateral Agent, and at the sole cost and expense of the Pledgors. 

SECTION 5.21. Rights and Privileges of Collateral Agent. For the avoidance of doubt, in addition to any rights,
privileges, protections, immunities, benefits and indemnities provided to it under this Agreement (including those incorporated pursuant to this paragraph), the Collateral Agent is also entitled to the rights, privileges, protections, immunities,
benefits and indemnities provided to the Trustee under the Notes Indenture. No provision of this Agreement shall require the Collateral Agent to expend or risk its own funds or otherwise incur financial liability in the performance of any of its
duties hereunder or in the exercise of any of its rights or powers. 
 [Signature Pages Follow] 

  
 41 

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

			
	PRIME SECURITY SERVICES BORROWER, LLC

 
			
		
	By:	 	 /s/ Jeffrey Likosar

		 	Name: Jeffrey Likosar
		 	Title: Executive Vice President, Chief Financial Officer and Treasurer

 
			
	
	 PRIME FINANCE INC.
 ASG HOLDINGS
LLC
 ALARM SECURITY GROUP LLC
 ASG GOVERNMENT SERVICES LLC

SECURITY MONITORING SERVICES, INC.
 THE ADT SECURITY CORPORATION
ADT LLC
 ADVANCED CABLING SYSTEMS, LLC
 FIRE &
SECURITY HOLDINGS, LLC
 ADT COMMERCIAL LLC
 RED HAWK
FIRE & SECURITY (NY), LLC
 RED HAWK FIRE & SECURITY (CA), LLC

RED HAWK SECURITY SYSTEMS, LLC
 TELE-TECTOR OF MARYLAND, INC.

FIRE SYSTEMS INTERNATIONAL, INC.
 PRATT LANDRY ASSOCIATES,
INC.
 CENTURY SPRINKLER HOLDINGS CORPORATION
 CHAIN ELECTRIC
HOLDINGS, INC.
 RED HAWK FIRE & SECURITY (CHES), LLC

ATCI COMMUNICATIONS, INC.
 MSA SYSTEMS INTEGRATION, INC.

AA/ACME LOCKSMITHS, INC.
 ARONSON SECURITY GROUP, INC.

DATASHIELD, LLC
 I-VIEW
NOW LLC

 
			
		
	 By:
	 	 /s/ Jeffrey Likosar

		 	Name: Jeffrey Likosar
		 	Title: Executive Vice President and Chief Financial Officer

 [Signature Page to Collateral Agreement (Second Lien)] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent

 
			
		
	By:	 	 /s/ Stefan Victory

		 	Name: Stefan Victory
		 	Title:   Vice President

 [Signature Page to Collateral Agreement (Second Lien)] 

 Exhibit I to the 

Collateral Agreement (Second Lien) 

Form of Supplement to the Collateral Agreement (Second Lien) 

SUPPLEMENT NO. [    ] (this “Supplement”), dated as of [    ],
20[    ][    ], to the Collateral Agreement (Second Lien) dated as of January 28, 2020 (as amended, restated, supplemented or otherwise modified from time to time, the “Collateral
Agreement”), among PRIME SECURITY SERVICES BORROWER, LLC (the “Issuer”), PRIME FINANCE INC. (the “Co-Issuer”), each Subsidiary of the Issuer from
time to time party thereto (each, a “Subsidiary Guarantor”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as collateral agent (together with its successors and assigns in such capacity, the “Collateral
Agent”) for the Secured Parties (as defined therein). 
 A. Reference is made to the Indenture, dated as of
January 28, 2020 (as amended, restated, supplemented or otherwise modified from time to time, the “Notes Indenture”), among the Issuer, the Co-Issuer and Wells Fargo Bank, National
Association, as trustee (in such capacity, the “Trustee”). 
 B. Capitalized terms used herein and not
otherwise defined herein shall have the meanings assigned to such terms in the Notes Indenture or the Collateral Agreement, as applicable. 

C. The Pledgors have entered into the Collateral Agreement pursuant to the requirements set forth in Section 4.11 of the Notes
Indenture. Section 5.16 of the Collateral Agreement provides that additional Subsidiaries of the Issuer may become Subsidiary Guarantors and Pledgors under the Collateral Agreement by execution and delivery of an instrument in the form of this
Supplement. The undersigned Subsidiary (the “New Subsidiary”) is executing this Supplement in accordance with the requirements of the Notes Indenture to become a Subsidiary Guarantor and a Pledgor under the Collateral
Agreement. 
 Accordingly, the New Subsidiary agrees as follows: 

SECTION 1. In accordance with Section 5.16 of the Collateral Agreement, the New Subsidiary by its signature below becomes a Subsidiary
Guarantor and a Pledgor under the Collateral Agreement with the same force and effect as if originally named therein as a Subsidiary Guarantor and a Pledgor and the New Subsidiary hereby (a) agrees to all the terms and provisions of the
Collateral Agreement applicable to it as a Subsidiary Guarantor and a Pledgor thereunder and (b) represents and warrants that the representations and warranties made by it as a Pledgor thereunder are true and correct in all material respects on
and as of the date hereof. In furtherance of the foregoing, the New Subsidiary, as security for the payment and performance in full of the Secured Obligations, does hereby create and grant to the Collateral Agent, its successors and assigns, for the
benefit of the Secured Parties, their successors and assigns, a security interest in and lien on all of the New Subsidiary’s right, title and interest in and to the Collateral (as defined in the Collateral Agreement) of the New Subsidiary. Each
reference to a “Subsidiary Guarantor” 

 
or a “Pledgor” in the Collateral Agreement shall be deemed to include the New Subsidiary (except as otherwise provided in clause (ii) of the definition of Pledgor to the extent
applicable). The Collateral Agreement is hereby incorporated herein by reference. 
 SECTION 2. The New Subsidiary represents and warrants
to the Collateral Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, subject
to (i) the effects of bankruptcy, insolvency, fraudulent conveyance or other similar laws affecting creditors’ rights generally, (ii) general principles of equity (regardless of whether such enforceability is considered in a
proceeding in equity or at law) and (iii) implied covenants of good faith and fair dealing. 
 SECTION 3. This Supplement 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 Supplement shall become effective when
the Collateral Agent shall have received a counterpart of this Supplement that bears the signature of the New Subsidiary. Delivery of an executed signature page to this Supplement by facsimile or other electronic transmission shall be as effective
as delivery of a manually signed counterpart of this Supplement. 
 SECTION 4. The New Subsidiary hereby represents and warrants that, as of
the date hereof, (a) set forth on Schedule I attached hereto is a true and correct schedule of any and all of (and, with respect to any Pledged Stock issued by an issuer that is not a subsidiary of the Issuer, correctly sets forth, to
the knowledge of the New Subsidiary) the percentage of the issued and outstanding units of each class of the Equity Interests of the issuer thereof represented by the Pledged Stock and includes (i) all Equity Interests pledged hereunder and
(ii) the debt obligations and promissory notes or instruments evidencing Indebtedness, in each case under this clause (ii) pledged hereunder and in an aggregate principal amount in excess of $10,000,000 now owned by the New Subsidiary
(other than any Excluded Property), (b) set forth on Schedule II attached hereto is a list of any and all Intellectual Property now owned by the New Subsidiary consisting of Patents and Trademarks applied for or registered with the United
States Patent and Trademark Office and Copyrights registered with the United States Copyright Office, (c) set forth on Schedule III hereto is a list of all Commercial Tort Claims in
excess of $10,000,000 held by the New Subsidiary, and (d) set forth under its signature hereto is the true and correct legal name of the New Subsidiary, its jurisdiction of organization and the location of its chief executive office. 

SECTION 5. Except as expressly supplemented hereby, the Collateral Agreement shall remain in full force and effect. 

SECTION 6. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD
TO ANY PRINCIPLE OF CONFLICTS OF LAW THAT COULD REQUIRE THE APPLICATION OF ANY OTHER LAW. 

 SECTION 7. In case any one or more of the provisions contained in this Supplement should be
held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Collateral Agreement shall not in any way be affected or impaired thereby (it being understood
that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the
invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 8. All communications and notices hereunder shall (except as otherwise expressly permitted by the Collateral Agreement) be in writing
and given as provided in Section 5.01 of the Collateral Agreement. 
 SECTION 9. The New Subsidiary agrees to reimburse the Collateral
Agent for its reasonable and documented out-of-pocket expenses in connection with this Supplement, including the reasonable and documented fees, other charges and
disbursements of counsel for the Collateral Agent. 
 IN WITNESS WHEREOF, the New Subsidiary has duly executed this Supplement to the
Collateral Agreement as of the day and year first above written. 
 [Signature Page Follows] 

 
			
	[NAME OF NEW SUBSIDIARY]
		
	BY:	 	 
		 	Name:
		 	Title
	
	Address:
	Legal Name:
	Jurisdiction of Formation:

 [Signature Page to Supplement to Collateral Agreement (Second Lien)] 

 Schedule I to 

Supplement No. __ to the 
 Collateral
Agreement (Second Lien) 
 Pledged Stock; Pledged Debt 

A. Pledged Stock 
  

											
	 Issuer
	  	 Record

Owner
	  	 Certificate

No.
	  	 Number

and Class
	  	 Percentage

of Equity
 Interest

Owned
	  	 Percent (of

Owned
 Equity

Interests)

Pledged

		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	

 B. Pledged Debt 
  

									
	 Payee
	  	 Payor
	  	 Principal
	  	 Date of

Issuance
	  	 Maturity Date

		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

 Schedule II to 

Supplement No. __ to the 
 Collateral
Agreement (Second Lien) 
 Intellectual Property 

A. U.S. Federally Issued or Applied for Patents Owned by [New Subsidiary] 

U.S. Patent Registrations 
  

					
	 Title
	  	 Patent No.
	  	 Issue Date

		  		  	
		  		  	
		  		  	

 U.S. Patent Applications 
  

					
	 Title
	  	 Application No.
	  	 Filing Date

		  		  	
		  		  	
		  		  	

 B. U.S. Federally Registered Copyrights Owned by [New Subsidiary] 

U.S. Copyright Registrations 
  

					
	 Title
	  	 Registration No.
	  	 Registration Date

		  		  	
		  		  	
		  		  	

 U.S. Copyright Applications 
  

					
	 Title
	  	 Registration No.
	  	 Registration Date

		  		  	
		  		  	
		  		  	

 C. U.S. Federally Registered or Applied for Trademarks Owned by [New Subsidiary] 

U.S. Trademark Registrations 
  

					
	 Mark
	  	 Registration No.
	  	 Registration Date

		  		  	
		  		  	

 U.S. Trademark Applications 
  

					
	 Mark
	  	 Application No.
	  	 Filing Date

		  		  	
		  		  	

 Schedule III to 

Supplement No. __ to the 
 Collateral
Agreement (Second Lien) 
 Commercial Tort Claims 

 Exhibit II to the 

Collateral Agreement (Second Lien) 

AS SET FORTH MORE FULLY IN SECTION 5.18 OF THE COLLATERAL AGREEMENT, THIS NOTICE OF GRANT OF SECURITY INTEREST (SECOND LIEN) IS SUBJECT TO THE
PROVISIONS OF (I) THE FIRST LIEN/SECOND LIEN INTERCREDITOR AGREEMENT AND (II) ANY OTHER “INTERCREDITOR AGREEMENT” AS DEFINED THEREIN 

Form of Notice of Grant of Security Interest (Second Lien) in Intellectual Property 

[FORM OF] NOTICE OF GRANT OF SECURITY INTEREST (SECOND LIEN) IN [COPYRIGHTS] [PATENTS] [TRADEMARKS], dated as of [DATE] (this
“Agreement”), made by [•], a [•] [•] (the “Pledgor”), in favor of WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent (as defined below). 

Reference is made to the Collateral Agreement (Second Lien), dated as of January 28, 2020 (as amended, restated, supplemented or
otherwise modified from time to time, the “Collateral Agreement”), among Prime Security Services Borrower, LLC (the “Issuer”), each subsidiary of the Issuer identified therein and Wells Fargo Bank, National
Association, as collateral agent (together with its successors and assigns in such capacity, the “Collateral Agent”) for the Secured Parties (as defined therein). The parties hereto agree as follows: 

SECTION 1. Terms. Capitalized terms used in this Agreement and not otherwise defined herein have the meanings
specified in the Collateral Agreement. The rules of construction specified in Section 1.01(b) of the Collateral Agreement also apply to this Agreement. 

SECTION 2. Grant of Security Interest. As security for the payment and performance, as applicable, in full of the
Secured Obligations, the Pledgor pursuant to the Collateral Agreement did, and hereby does, grant, assign and pledge to the Collateral Agent, its successors and permitted assigns, for the benefit of the Secured Parties, a security interest in all of
such Pledgor’s right, title and interest in, to and under any and all of the following assets now owned or at any time hereafter acquired by such Pledgor or in which such Pledgor now has or at any time in the future may acquire any right, title
or interest (collectively, but excluding any Excluded Property, the “IP Collateral”): 
 [all Patents of the
United States of America of such Pledgor, including those listed on Schedule I;] 
 [all Copyrights of the United
States of America of such Pledgor, including those listed on Schedule I;]  

 [all Trademarks of the United States of America of such Pledgor, including
those listed on Schedule I;] 
 [provided, however, that the foregoing pledge, assignment and grant of security interest will not cover
any “intent-to-use” applications for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. §1051,
unless and until an Amendment to Allege Use or a Statement of Use under Section 1(c) or 1(d) of the Lanham Act has been filed, to the extent, if any, that any assignment of an
“intent-to-use” application prior to such filing would violate the Lanham Act.] 

SECTION 3. Collateral Agreement. The security interests granted to the Collateral Agent herein are granted in
furtherance, and not in limitation of, the security interests granted to the Collateral Agent pursuant to the Collateral Agreement. Each Pledgor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the
IP Collateral are more fully set forth in the Collateral Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein. In the event of any conflict between the terms of this Agreement and the
Collateral Agreement, the terms of the Collateral Agreement shall govern. 
 SECTION 4. Counterparts. This
Agreement may be executed in two or more counterparts, each of which shall constitute an original but all of which when taken together shall constitute but one contract. Delivery of an executed counterpart to this Agreement by facsimile or other
electronic transmission shall be as effective as delivery of a manually signed original. 
 SECTION 5. Governing
Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLE OF CONFLICTS OF LAW THAT
COULD REQUIRE THE APPLICATION OF ANY OTHER LAW. 
 [Signature Pages Follow] 

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

			
	[Name of Pledgor]
		
	By:	 	 
		 	Name:
		 	Title:

 [Signature Page to Notice of Grant of Security Interest in [Patents][Trademarks][Copyrights] (Second
Lien)] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Collateral Agent

		
	By:	 	 
		 	Name:
		 	Title:

 [Signature Page to Notice of Grant of Security Interest in [Patents][Trademarks][Copyrights] (Second
Lien)] 

 Schedule I 

to Notice of Grant of Security Interest (Second Lien) in Patents 

Patents Owned by [Name of Pledgor] 

U.S. Patent Registrations 
  

					
	 Title
	  	 Patent No.
	  	 Issue Date

		  		  	
		  		  	

 U.S. Patent Applications 
  

					
	 Title
	  	 Application No.
	  	 Filing Date

		  		  	
		  		  	

 Schedule I 

to Notice of Grant of Security Interest (Second Lien) in Copyrights 

Copyrights Owned by [Name of Pledgor] 

U.S. Copyright Registrations 
  

					
	 Title
	  	 Registration No.
	  	 Registration Date

		  		  	
		  		  	

 Schedule I 

to Notice of Grant of Security Interest (Second Lien) in Trademarks 

Trademarks Owned by [Name of Pledgor] 

U.S. Trademark Registrations 
  

					
	 Mark
	  	 Registration No.
	  	 Registration Date

		  		  	
		  		  	

 U.S. Trademark Applications 
  

					
	 Mark
	  	 Application No.
	  	 Filing Date

		  		  	
		  		  	

 Exhibit III to the 

Collateral Agreement (Second Lien) 

Form of Other Second Lien Secured Party Consent 

OTHER SECOND LIEN SECURED PARTY CONSENT 

[Name of Authorized Representative] 

[Address of Authorized Representative] 
 [Date]

 [Name of Collateral Agent] 
 [Address of Collateral Agent]

 The undersigned is the Authorized Representative for persons wishing to become Secured Parties (the “New Secured
Parties”) under the Collateral Agreement (Second Lien), dated as of January 28, 2020 (as amended, restated, supplemented or otherwise modified from time to time, the “Collateral Agreement”), among PRIME
SECURITY SERVICES BORROWER, LLC (the “Issuer”), PRIME FINANCE INC. (the “Co-Issuer”), each Subsidiary Guarantor and WELLS FARGO BANK, NATIONAL ASSOCIATION, as
collateral agent (together with its successors and assigns in such capacity, the “Collateral Agent”) for the Secured Parties (as defined therein). Capitalized terms used but not otherwise defined in this Other Second Lien
Secured Party Consent have the meanings set forth in the Collateral Agreement. 
 In consideration of the foregoing, the undersigned hereby:

 (i) represents that it has been duly authorized by the New Secured Parties to become a party to the Collateral Agreement on behalf of the
New Secured Parties under that certain [DESCRIBE OPERATIVE AGREEMENT] (the “New Agreement” and the obligations under the New Agreement, the “New Secured Obligations”) and to act as the Authorized
Representative for the New Secured Parties; 
 (ii) acknowledges that it has received a copy of the Collateral Agreement, the First
Lien/Second Lien Intercreditor Agreement and each other applicable Intercreditor Agreement; 
 (iii) appoints and authorizes the Collateral
Agent to take such action as agent on its behalf and on behalf of all other Secured Parties and to exercise such powers under the Collateral Agreement, each other Security Document applicable to such New Secured Parties, the First Lien/Second Lien
Intercreditor Agreement and each other applicable Intercreditor Agreements as are delegated to the Collateral Agent by the terms thereof, together with all such powers as are reasonably incidental thereto; and 

 (iv) accepts and acknowledges the terms of the Collateral Agreement and each other Security
Document applicable to such New Secured Parties, the First Lien/Second Lien Intercreditor Agreement and each other Intercreditor Agreement applicable to it and the New Secured Parties and agrees to serve as Authorized Representative for the New
Secured Parties with respect to the New Secured Obligations and agrees on its own behalf and on behalf of the New Secured Parties to be bound by the terms thereof applicable to holders of Other Second Lien Obligations, with all the rights and
obligations of a Secured Party thereunder and bound by all the provisions thereof as fully as if it had been a Secured Party on the date of the Collateral Agreement, the First Lien/Second Lien Intercreditor Agreement and each other Intercreditor
Agreement applicable to it and agrees that its address for receiving notices pursuant to the Security Documents shall be as follows: 

[Address]. 
 The Collateral
Agent, by acknowledging and agreeing to this Other Second Lien Secured Party Consent, accepts the appointment in clause (iii) above. 

THIS OTHER SECOND LIEN SECURED PARTY CONSENT AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSES OF ACTION (WHETHER IN CONTRACT OR TORT OR
OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS OTHER SECOND LIEN SECURED PARTY CONSENT (OTHER THAN AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLE OF CONFLICTS OF LAW THAT COULD REQUIRE THE APPLICATION OF ANY OTHER LAW. 

[Signature pages follow] 

 IN WITNESS WHEREOF, the undersigned has caused this Other Second Lien Secured Party Consent
to be duly executed by its authorized officer as of the date first set forth above. 
  

			
	[NAME OF AUTHORIZED REPRESENTATIVE]

 
			
		
	By:	 	 
		 	Name:
		 	Title:

 [Signature Page to Other Second Lien Secured Party Consent] 

 
			
	Acknowledged and Agreed:
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION.,

as Collateral Agent

 
			
		
	By:	 	 
		 	Name:
		 	Title:

 [Signature Page to Other Second Lien Secured Party Consent] 

 
			
	Acknowledged and Agreed:
	
	PRIME SECURITY SERVICES BORROWER, LLC, for itself and on behalf of the other Pledgors

 
			
		
	By:	 	 
		 	Name:
		 	Title:

 [Signature Page to Other Second Lien Secured Party Consent]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]